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American Fusion(TM) Inc. (AMFN) Expands Industry Engagement, Appoints New CFO to Strengthen Capital Markets Strategy

  • American Fusion(TM) Inc. is increasing its presence at technical and energy-infrastructure conferences as it advances its fusion development strategy.
  • Company representatives attended both the Applied Power Electronics Conference and the International Workshop on Anomalies in Hydrogen Loaded Metals.
  • The company’s subsidiary, Kepler Fusion Technologies, is developing the unique Texatron(TM) fusion system designed for modular power generation.
  • The company recently appointed Michael Carlson as Chief Financial Officer to guide capital markets strategy and financial operations.
  • The firm is exploring “behind-the-meter” energy deployment strategies to simplify early commercialization.

American Fusion (OTC: AMFN), an advanced energy platform company focused on the development and commercialization of an advanced fusion energy technology, recently highlighted its participation in multiple industry events as part of a broader effort to remain connected to technical research and power-system engineering developments (https://ibn.fm/5C8bp). In March, company representatives attended two international technical gatherings.

A representative from the firm participated in the 17th International Workshop on Anomalies in Hydrogen Loaded Metals, a research conference held in Bergamo, Italy on March 24-26. The event took place at the Kilometro Rosso Science and Technology Park, a technology campus near Milan that hosts research organizations and engineering companies.

The workshop brings together scientists and engineers studying hydrogen-metal systems and related phenomena. Topics include experimental heat production, plasma systems, instrumentation, and computational modeling. Such events serve as forums for researchers to exchange experimental results and discuss emerging approaches in advanced materials and energy research.

At the same time, five members of American Fusion’s(TM) executive team attended the Applied Power Electronics Conference in San Antonio, Texas, on March 22-26. The conference focused on practical applications of power electronics, grid infrastructure, and high-efficiency energy systems.

For a company developing future power-generation technology, participation in these forums provides access to engineers, system designers, and component manufacturers who shape the broader energy ecosystem.

Management says these engagements are intended to help monitor adjacent technological developments and build relationships relevant to future deployment of fusion-based energy systems.

Alongside its technical outreach, American Fusion(TM) has also expanded its executive leadership. The company recently appointed Michael Carlson as Chief Financial Officer, a move aimed at strengthening capital markets strategy as the company advances its development plans (https://ibn.fm/q1vkk).

Carlson brings more than three decades of experience in corporate finance and advisory work. Most recently, he served as CFO of Budapest Airport, where he oversaw a capital structure exceeding €1.5 billion and managed a €795 million refinancing transaction in 2023.

Earlier in his career, Carlson spent over 30 years at KPMG, where he became an audit partner and later led financial advisory services in Hungary. His work included advising multinational organizations on corporate finance, restructuring, valuation, and mergers and acquisitions. Carlson holds an MBA from Purdue University and is a Chartered Professional Accountant in Canada.

Company leadership says the appointment reflects the need for financial discipline and capital-markets expertise as the company pursues large-scale infrastructure development.

“Michael brings a level of financial discipline and capital markets experience that is important as we continue building the company’s institutional foundation,” said CEO Richard Hawkins. “His background in complex financing environments and governance will support our transition as we scale and engage more broadly with investors and strategic partners.”

American Fusion’s(TM) technology development is centered on the Texatron(TM) system being designed by Kepler Fusion Technologies. The Texatron(TM) concept uses a pulsed torsatron configuration intended to generate plasma capable of supporting aneutronic fusion reactions using deuterium and helium-3 fuel. The approach remains under development, consistent with the broader state of the fusion sector.

Fusion energy has long been pursued as a potential large-scale power source because it uses abundant fuels and produces minimal long-lived radioactive waste compared with conventional nuclear power. However, commercial systems remain under development, and companies across the sector are working toward practical reactor designs that could support future energy demand. 

While the company has reported successful plasma formation during testing, commercial fusion power generation has not yet been demonstrated. Nevertheless, management is pursuing an accelerated development roadmap. According to Kepler CEO Brent Nelson, the company aims to begin delivering electricity in early deployment scenarios once initial reactor units are operational.

The firm’s commercialization plan is built around modular reactors. American Fusion(TM) is currently developing nine Texatron(TM) reactor models and constructing two initial designs: a five-megawatt system intended as a demonstration platform and a larger 100-megawatt unit designed to test commercial viability.

The 100-megawatt configuration is expected to form the foundation of the company’s scaling strategy. Multiple units could be combined to reach utility-scale capacity. Ten such reactors, for example, would equal roughly one gigawatt of generation capacity.

Instead of immediately connecting reactors to major public electricity grids, the company plans to deploy early units “behind the meter,” meaning directly at a customer’s facility. This approach allows industrial customers to generate electricity on site while avoiding some of the regulatory hurdles associated with grid interconnection.

For more information, visit the company’s website at www.AmericanFusionEnergy.com.

NOTE TO INVESTORS: The latest news and updates relating to AMFN are available in the company’s newsroom at https://ibn.fm/AMFN

Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) Strengthens Position in Growing Global Gold Cycle

Disseminated on behalf of  Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) and may include paid advertising.

  • World Gold Council research notes that the addition of gold can materially improve a portfolio’s risk-adjusted returns.
  • Lahontan’s potential appeal is its ability to offer investors exposure not just to the gold price but to an advancing Nevada development story in one of the world’s most established mining belts.
  • Recent company activity suggests Lahontan is continuing to advance its development strategy at Santa Fe.

Gold’s latest pullback has done little to weaken the deeper investment case for the yellow metal. As recent commentary observes, gold’s importance lies not only in price momentum but in its unusual utility as a store of value, a reserve asset and a portfolio stabilizer during periods of geopolitical and macroeconomic stress. That context helps frame the story for Lahontan Gold (TSX.V: LG) (OTCQB: LGCXF), a Canadian mine development and mineral exploration company advancing four gold and silver properties in Nevada’s Walker Lane, led by its Santa Fe Mine project.

A recent GoldSeek report observes that gold does not behave like most commodities because it is rarely consumed. “Almost all the gold ever mined still exists somewhere in the world,” the article states, which makes gold fundamentally different from oil, copper or agricultural commodities that are used up in the ordinary course of economic activity.

The World Gold Council makes the same point in its own March 2026 analysis, stating that total above-ground gold amounts to about 219,891 tonnes and that, because gold is virtually indestructible, almost all of it remains available to return to the market under the right conditions. For investors, that distinction matters because gold’s value proposition is tied less to immediate industrial depletion and more to confidence, reserve management and capital preservation.

GoldSeek also makes the case that gold’s real utility is financial rather than productive, noting that gold is “not someone else’s liability.” This point helps explain why central banks keep holding and buying precious metal, even though it generates no yield. The article goes on to describe gold as a “stabilizing” asset in reserve portfolios.

That view is broadly consistent with current World Gold Council research, which says the addition of gold can materially improve a portfolio’s risk-adjusted returns, and with World Gold Council data showing that central banks continued to add gold in 2025, including 230 tonnes in the fourth quarter alone. The message for investors is that gold’s role in the global system is not disappearing; it is being reaffirmed by official-sector demand and by its continuing function as diversification against monetary, fiscal and geopolitical risk.

A March 2026 Kitco analysis adds an important near-term market dimension. Kitco described gold as being caught in a “short-term tug-of-war,” with prices testing support near $5,000 an ounce as markets weighed slowing growth and persistent inflation. That framing is valuable because it separates short-term sentiment from longer-term structure.

In other words, a setback in gold does not necessarily invalidate the bull case; it can instead reflect shifting expectations around yields, growth and inflation before the broader strategic case reasserts itself. For investors, this distinction is critical, because gold equities often become most interesting when the commodity’s long-run setup remains intact even as short-run price action creates hesitation.

With this in mind, Lahontan’s potential appeal is its ability to offer investors exposure not just to the gold price, but to an advancing Nevada development story in one of the world’s most established mining belts. Lahontan holds four top-tier gold and silver exploration properties in Nevada’s Walker Lane. Its flagship Santa Fe Mine project covers 28.3 square kilometers and historically produced 356,000 ounces of gold and 784,000 ounces of silver from open-pit, heap-leach operations between 1988 and 1995.

The company also reports a Canadian National Instrument 43-101 compliant indicated mineral resource of 1.539 million ounces of gold equivalent and an inferred resource of 411,000 ounces of gold equivalent at Santa Fe. Those figures place Lahontan in a category that many investors watch closely: a junior developer with an existing resource base, past-producing ground and a path toward further expansion.

The project economics disclosed by Lahontan strengthens that position. The company reports that the December 2024 preliminary economic assessment (PEA) for Santa Fe outlined a pre-tax net present value at a 5% discount rate of $265.1 million and a 41% internal rate of return, with an after-tax net present value of $200 million and a 34.2% internal rate of return using a $2,705 per ounce gold price.

Even allowing for the preliminary nature of a PEA, those numbers offer investors a concrete framework for understanding how a higher gold-price environment could amplify project value. This is one reason recent commentary observes that Santa Fe “could resume production toward the end of the decade,” highlighting the project’s existing infrastructure and development profile.

Recent company activity suggests Lahontan is continuing to advance its development strategy at Santa Fe. In March 2026, the company announced that it had mobilized a second drill rig to the project as part of an expanded exploration and development program, while also outlining plans to update the Santa Fe mineral resource estimate and preliminary economic assessment. Earlier this year, Lahontan also reported encouraging drill results from the West Santa Fe area, including 37 meters grading 3.11 g/t gold equivalent from surface, with higher-grade intervals such as 11 meters grading 5.75 g/t gold equivalent.

As recent analysis suggests, gold’s investment case is broader than any single price swing. Gold remains unusual because it is durable, widely held, central-bank relevant and capable of reasserting itself when macro conditions deteriorate. With four Nevada properties and an advancing Santa Fe project, Lahontan Gold Corp may give investors a way to participate in that thesis through a company that is working to convert gold’s strategic appeal into project-level value creation.

For more information, visit the company’s website at www.LahontanGoldCorp.com.

NOTE TO INVESTORS: The latest news and updates relating to LGCXF are available in the company’s newsroom at ibn.fm/LGCXF

Safe Pro Group Inc. (NASDAQ: SPAI) Adds Brian Mack to the Company’s Strategic Advisory Board

  • Safe Pro Group recently announced that the company is adding Brian Mack, a Retired U.S. Army Officer of Acquisition, Contracting & Modernization, to the company’s strategic advisory board.
  • Mack is a former Anduril Senior Business Development Director, and brings with him a proven track record in defense capture, growth strategy, and Army modernization.
  • He joins at a time when Safe Pro Group is looking to accelerate revenue growth, following the company’s recent $1 million U.S. Government subcontract award for its AI-powered edge processing solution.

Safe Pro Group (NASDAQ: SPAI), a company that develops security, defense, and situational awareness solutions, recently announced that the company is adding Brian Mack to the Strategic Advisory Board (https://ibn.fm/1VI8x).

Mack, who is a retired U.S. Army Officer and a former Anduril Senior Business Development Director, has a proven track record in defense capture, growth strategy, and Army modernization. He had a key role in helping Anduril Industries successfully capture the U.S. Army’s $100 million Next Generation Command and Control (“NGC2”) contract, and also helped build a $2 billion-plus Army pipeline aligned to C5ISR mission areas.

In total, he brings more than 20 years of leadership, management, and advisory experience to the team, with this experience spanning numerous markets such as government, defense, and emerging technology.

Mack joins at a key time for Safe Pro as the company is looking to accelerate revenue growth following the recent $1 million U.S. Government subcontract award it received for its AI-powered edge processing solution.

Speaking about the appointment, Safe Pro Group Chairman and CEO, Dan Erdberg, said that “Brian is a proven defense acquisition expert with deep relationships across the U.S. Army contracting and procurement chains, bringing timely acquisition expertise to Safe Pro Group. I look forward to working together with Brian as we continue to execute on our mission of fielding our patented AI to deliver enhanced force protection across the U.S. Army.”

Safe Pro’s patented AI solutions are built on its Safe Pro Object Threat Detection (“SPOTD”) technology which analyzes drone imagery and video to rapidly detect and identify small explosive threats. In addition to identifying more than 150 kinds of landmines and unexploded ordnance (“UXO”), the platform also converts raw video into high-resolution 2D/3D geospatial models to support operational decision-making.

The SPOTD platform has been operating in Ukraine for three years and is supported by a dataset of more than 2.6 million analyzed images, over 47,800 identified threats, and has covered around 32,868 acres of land.

About Safe Pro Group. (NASDAQ: SPAI) 

Safe Pro Group is a mission-driven tech company that develops and delivers AI-powered security and defense solutions. It serves customers in various industries, such as homeland security, defense, law enforcement, humanitarian, and others. At the core of the company’s mission is a patented AI-powered computer vision software technology that can analyze drone footage to rapidly detect small objects and threats, to enable safer field operations.

For more information, visit the company’s website at www.SafeProGroup.com.

NOTE TO INVESTORS: The latest news and updates relating to SPAI are available in the company’s newsroom at https://ibn.fm/SPAI

MindBio Therapeutics Corp. (CSE: MBIO) (OTCQB: MBQIF) Targets South American Mining Sector as Voice-Based Drug and Alcohol Impairment Screening Platform Moves Toward Commercial Deployment

Disseminated on behalf of MindBio Therapeutics Corp. (CSE: MBIO) (OTCQB: MBQIF)and may include paid advertising.

  • The company has appointed Chilean drug policy specialist Felipe Leyton to lead commercialization in South America’s mining industry.
  • The company is preparing to deploy its voice-based AI drug and alcohol impairment detection platform in industrial environments beginning in 2026, with Chile’s mining sector, employing more than 200,000 workers, representing an early target market.
  • MindBio’s technology analyzes voice patterns to detect intoxication or impairment without biological testing, and management is positioning the platform as a scalable tool for workplace safety in mining and other high-risk industries.
  • The company also recently closed an upsized non-brokered private placement of up to $1.5 million to support commercialization activities.

MindBio Therapeutics (CSE: MBIO) (OTCQB: MBQIF), a biotechnology innovator commercializing AI-powered voice analytics for real-time drug and alcohol impairment detection, is moving toward commercial deployment of its voice-based artificial intelligence platform for detecting drug and alcohol impairment, with a focus on industrial safety applications in South America’s mining sector.

The biotechnology company recently appointed Chilean policy specialist Felipe Leyton to lead commercialization efforts in the region, a move that signals MindBio’s transition from technology development to field implementation in large enterprise environments (https://ibn.fm/pOUPF).

Leyton brings experience in national drug policy and workplace safety, having helped design and implement Chile’s “Zero Tolerance” alcohol-impaired driving law as part of the country’s alcohol prevention framework. He also played a role in establishing Chile’s roadside drug testing program introduced in 2019. His appointment reflects MindBio’s strategy of aligning technical development with regulatory and industry expertise in markets where impairment detection is closely tied to workplace safety and compliance requirements.

Leyton currently advises major mining operators and government agencies through consulting firm TConsulting, where he focuses on prevention strategies, regulatory compliance and occupational health programs. Under his engagement with MindBio, he will oversee the development of testing protocols tailored for mining operations and coordinate early deployment of the company’s technology in active industrial environments.

MindBio’s platform uses acoustic biomarker analysis to detect signs of intoxication through voice patterns. The system evaluates more than 140 parameters extracted from speech and processes those signals through machine learning models trained on tens of millions of data points. The result is a prediction model designed to estimate alcohol impairment and identify potential drug intoxication in real time without the need for blood, urine or breath samples.

The company is preparing to integrate this technology into a dedicated Edge AI hardware platform intended for deployment at worksites. The system will operate through voice-initiated kiosk terminals that can perform rapid screening of workers entering industrial facilities.

According to MindBio, prototype development of the kiosk-based hardware system is nearing completion, with field testing expected to begin during the second quarter of 2026. The platform is designed to deliver rapid screening results on site while reducing operational delays often associated with conventional biological testing.

Industrial safety is a significant concern in mining operations, particularly in regions where large workforces operate heavy machinery in remote environments. Data cited by MindBio suggests that alcohol consumption among mining workers in Chile exceeds 75%, with roughly 40% categorized as problem drinkers and approximately 9% reporting drug use. These figures point to a broader challenge faced by industrial employers seeking to reduce workplace accidents linked to impairment. Global research has estimated that between 20% and 25% of occupational accidents are directly or indirectly associated with substance use.

In this context, technologies capable of rapidly screening large numbers of workers could have operational and regulatory relevance for companies managing high-risk industrial sites. MindBio’s enterprise strategy centers on providing scalable screening systems that can be deployed at entry points to industrial facilities. The company believes voice analysis can reduce the friction associated with traditional testing methods, which often require biological samples and specialized laboratory processing. By contrast, voice analysis requires only a short spoken input, allowing results to be generated in seconds.

The company’s technology is supported by a large clinical dataset generated through several years of research. According to MindBio, the AI prediction model has been trained on more than 50 million data points derived from speech analysis and controlled studies measuring alcohol intoxication levels. Early testing has demonstrated accuracy rates exceeding 85% for blood alcohol concentration prediction and roughly 88% for intoxication classification.

Beyond mining, MindBio is developing applications for aviation, construction and other safety-critical industries where impairment detection is required by regulatory frameworks or company policy.

The company also operates a consumer-facing product called Booze AI, which enables individuals to estimate their blood alcohol concentration using voice input through a smartphone or web interface. This dual strategy, consumer applications alongside enterprise deployment, provides multiple potential commercialization pathways.

To support these initiatives, MindBio recently expanded a previously announced financing round (https://ibn.fm/GKqOk). The company recently closed a non-brokered private placement that had been upsized from $650,000 to up to $1.5 million. The offering consisted of units priced at $0.60, each including one common share and one warrant exercisable at $0.80 for up to 36 months following closing. Proceeds are expected to support engineering development, field deployment activities and commercialization initiatives, including expansion into South American mining operations.

For more information, visit the company’s website at www.MindBioTherapeutics.com.

NOTE TO INVESTORS: The latest news and updates relating to MBQIF are available in the company’s newsroom at https://ibn.fm/MBQIF

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Strengthens Position amid Global REE Supply Challenges

Disseminated on behalf of Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) and may include paid advertising.

  • Industry analysts project that REEs used in clean-energy technologies could see demand increase two to three times by 2040.
  • Despite the importance of these precious elements, global supply chains for REEs remain highly concentrated.
  • Ucore is developing technologies and facilities designed to process rare earth concentrates into high-purity oxides that can be used in manufacturing.

Rare earth elements have become one of the most strategically important groups of materials in the modern global economy, underpinning technologies that range from electric vehicles to advanced defense systems. As demand accelerates and supply remains heavily concentrated overseas, Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is working to establish itself as a key participant in building a secure North American rare earth supply chain through its focus on processing and separation technologies.

Rare earth elements (“REEs”) are a group of essential metals that possess unique magnetic, luminescent and electrochemical properties, making them essential for a wide range of high-tech applications. According to the U.S. Geological Survey, these materials are critical inputs in permanent magnets, catalysts, phosphors and advanced alloys used in electronics, renewable energy systems and defense technologies. Among the most commercially important are neodymium, praseodymium, dysprosium, terbium, samarium and gadolinium, which are used to manufacture high-performance magnets that power electric motors, wind turbine generators and precision-guided military equipment.

Demand for these materials continues to grow rapidly. Industry analysts project that REEs used in clean-energy technologies could see demand increase two to three times by 2040 under current policy scenarios, driven by the expansion of electric vehicles, wind energy and electrification across multiple industries. Electric vehicles rely on rare earth magnets to improve motor efficiency, while offshore wind turbines can require hundreds of kilograms of rare earth materials per installation. In the defense sector, the importance is equally significant. The U.S. Congressional Research Service has stated that a single F-35 fighter jet requires approximately 920 pounds of rare earth materials, highlighting their central role in national security systems.

Despite the importance of these precious elements, global supply chains for REEs remain highly concentrated. China dominates the production and processing of rare earth elements, accounting for a significant share of global output and maintaining substantial control over refining capacity. This concentration creates a structural vulnerability for countries that rely on imports for processed materials. 

In recent years, the United States has imported approximately 74% of its rare earth compounds and metals from China, underscoring the degree of dependency. Because the most technically complex part of the supply chain is the separation of rare earth oxides, even domestically mined materials often must be sent abroad for processing.

This imbalance has prompted growing concern among policymakers and industry leaders. The U.S. Department of Energy (“DOE”) has identified REEs as critical to both economic and national security, noting that supply chain disruptions could impact everything from clean-energy deployment to defense readiness. As geopolitical tensions and trade restrictions continue to influence global markets, the need for domestic and allied production capabilities has become more urgent. Strengthening domestic processing infrastructure is widely viewed as a key step in reducing reliance on foreign sources and ensuring long-term supply stability.

Efforts to build a domestic rare earth supply chain are increasingly focused on the midstream segment, particularly separation and refining. This is where Ucore Rare Metals is concentrating its efforts. Rather than focusing solely on mining, Ucore is developing technologies and facilities designed to process rare earth concentrates into high-purity oxides that can be used in manufacturing. The company’s proprietary RapidSX(TM) technology is intended to improve upon conventional solvent extraction methods by increasing efficiency, reducing processing time and lowering the physical footprint required for separation facilities.

Ucore has been advancing its Commercialization and Demonstration Facility in Kingston, Ontario, where it has conducted extensive testing of RapidSX under simulated commercial conditions. The data generated from this facility is being used to support the development of the company’s Strategic Metals Complex in Alexandria, Louisiana, where Ucore plans to deploy commercial-scale processing capacity for both light and heavy rare earth elements. The Louisiana facility is expected to play a central role in establishing a domestic supply of separated rare earth oxides in the United States.

The company’s strategy also includes building partnerships across the supply chain. Ucore has announced collaborations with magnet manufacturers and other industry participants aimed at integrating its processing capabilities with downstream production. These efforts are designed to support the creation of a complete mine-to-magnet supply chain within North America, reducing reliance on overseas processing and strengthening supply chain resilience.

In addition to its U.S. operations, Ucore is pursuing opportunities in Canada to expand its processing capabilities, including projects focused on samarium and gadolinium, two elements that are critical for high-temperature magnet applications and other advanced technologies. These initiatives are supported by government programs aimed at strengthening critical mineral supply chains, reflecting broader policy alignment with the company’s objectives.

As global demand for rare earth elements continues to rise and supply remains concentrated in a limited number of regions, the importance of developing domestic processing capacity is becoming increasingly clear. Ucore Rare Metals is positioning itself within this landscape by focusing on the technological and infrastructure challenges that define the rare earth supply chain. By advancing its RapidSX technology and building commercial processing facilities in North America, the company aims to play a meaningful role in strengthening supply security and supporting the industries that depend on these essential materials.

For more information, visit www.Ucore.com.

NOTE TO INVESTORS: The latest news and updates relating to UURAF are available in the company’s newsroom at https://ibn.fm/UURAF

Nevada Organic Phosphate Inc. (CSE: NOP) (OTCQB: NOPFF) Targets Supply Gap in Fertilizer for Expanding Organic Food Market

Disseminated on behalf of Nevada Organic Phosphate Inc. (CSE: NOP) (OTCQB: NOPFF) and may include paid advertising.

  • The organic agriculture sector continues to expand, creating demand for certified inputs that conventional chemical fertilizers cannot provide.
  • Organic Phosphate is developing its Murdock Mountain project in northeastern Nevada to supply organic rock phosphate fertilizer to U.S. farmers, centered on direct-ship rock phosphate that requires minimal processing beyond grinding and bagging.
  • Early drilling at the Murdock Mountain target zone has confirmed phosphate grades and low heavy-metal concentrations compatible with organic farming requirements, and the company has identified multiple phosphate target zones that could significantly expand the project’s overall scale.
  • Infrastructure access, including nearby rail transport, may support distribution to agricultural regions across the United States.

As demand for organic food continues to grow across North America, attention is increasingly turning to the upstream inputs required to sustain that expansion. One of the most difficult inputs to scale has been phosphate fertilizer that complies with organic certification standards. Nevada Organic Phosphate (CSE: NOP) (OTCQB: NOPFF), a B.C.-based leader in organic sedimentary phosphate exploration, is positioning its Murdock Mountain project in northeastern Nevada as a potential supply solution for the organic agriculture sector. The company is exploring a phosphate-bearing formation at its Murdock Mountain property in Elko County with the objective of producing natural rock phosphate suitable for direct application on farmland.

Phosphate is one of the three primary nutrients essential to plant growth. In conventional agriculture, most phosphate fertilizers are produced through chemical processing of mined rock into products such as monoammonium phosphate or diammonium phosphate. While effective for crop production, these products generally do not qualify for use in certified organic farming systems. Organic growers therefore rely on a narrower range of phosphate inputs, often derived from livestock by-products such as bone meal or manure. Because those materials are linked to animal agriculture, supply has historically been difficult to expand at the pace required by rising consumer demand for organic foods.

Nevada Organic Phosphate’s strategy differs from the conventional fertilizer model. Rather than chemically processing phosphate rock, the company aims to mine naturally occurring rock phosphate that can be crushed, ground and shipped directly to agricultural users. This approach relies on the properties of reactive phosphate rock, which releases nutrients gradually as soil microorganisms interact with the mineral. The material is designed for direct application on fields, aligning with regenerative agricultural practices that emphasize soil biology and reduced chemical inputs.

The demand for phosphate fertilizer that complies with organic certification standards continues to grow. The North American organic food sector is estimated at roughly $35 billion annually, according to industry data referenced by the company, creating pressure to develop scalable fertilizer inputs that meet certification standards.

The company is focused on a phosphate target zone at its Murdock Mountain project. Early drilling has confirmed phosphate grades within the formation, along with relatively low concentrations of heavy metals that can present challenges for organic certification. According to company disclosures, the Murdock project has an exploration target ranging from approximately 10 million to 46 million tonnes of rock phosphate grading between roughly 3% and 15% P₂O₅. The estimate is conceptual in nature and based on early exploration data, including drilling and geological interpretation.

Additional target areas identified on the property could significantly expand the project’s overall scale. Nevada Organic Phosphate has reported that the broader Murdock Mountain area may host multiple phosphate zones that collectively could reach 200 million tonnes of phosphate-bearing material, pending further exploration. The geological formation extends for several kilometers around the Murdock Mountain area. Management plans additional drilling programs to better define the continuity of the phosphate layers and evaluate their suitability for future development.

Infrastructure access may also play a role in the project’s economics. The property is located in northeastern Nevada near Union Pacific rail lines, which could facilitate transport of fertilizer products to farming regions throughout the United States.

For organic agriculture, the quality profile of phosphate rock can be as important as its phosphorus content. Many global phosphate formations contain elevated levels of contaminants such as cadmium or other heavy metals, requiring chemical processing before use. Nevada Organic Phosphate has reported that assays from its drilling program show contaminant levels below thresholds typically associated with agricultural restrictions. The company believes this characteristic may allow the rock phosphate to be applied directly to farmland without the additional processing required for many conventional deposits.

Another aspect of the company’s model is the relative simplicity of production. Traditional phosphate fertilizer operations often involve large beneficiation and chemical processing facilities that require significant capital investment. By contrast, Nevada Organic Phosphate’s concept involves mining the rock, crushing and grinding it, then bagging and shipping the product to farmers. The company describes the process in straightforward operational terms: extract the rock, reduce it to a usable size, and distribute it to agricultural markets.

This approach could reduce capital intensity compared with conventional phosphate fertilizer production, while also limiting the environmental footprint associated with chemical processing.

The broader agricultural context may also favor the development of reactive phosphate sources. Some farming practices are gradually shifting toward direct application of mineral nutrients rather than highly soluble chemical fertilizers, particularly within regenerative and organic systems. Nevada Organic Phosphate believes this trend could create a distinct market segment separate from the traditional chemical fertilizer industry. Management has stated that the company does not expect to compete directly with large chemical fertilizer producers but instead aims to serve growers seeking organic-compliant inputs.

For more information, visit the company’s website at www.NevadaPhosphate.com.

NOTE TO INVESTORS: The latest news and updates relating to NOP are available in the company’s newsroom at https://ibn.fm/NOP

Soligenix Inc. (NASDAQ: SNGX) Advances Clinical Credibility with HyBryte Research Publication

  • Publishing research in peer-reviewed journals plays a central role in ensuring the credibility and reliability of scientific findings.
  • Companies that consistently publish their findings often strengthen their credibility with both regulators and the medical community.
  • Most recently, SNGX announced that a clinical summary of its HyBryte(TM) therapy for cutaneous T-cell lymphoma was published in the peer-reviewed journal “Expert Opinion on Investigational Drugs.”

The publication of clinical research in peer-reviewed journals remains a critical milestone in drug development, offering independent validation and broader visibility for emerging therapies. Soligenix (NASDAQ: SNGX) recently reached such a milestone with the publication of a clinical summary of its HyBryte(TM) therapy, reinforcing the importance of scientific transparency as the company advances treatments for rare diseases.

Publishing research in peer-reviewed journals plays a central role in ensuring the credibility and reliability of scientific findings. Peer review serves as a quality control mechanism that evaluates the validity, significance and originality of research before it is disseminated to the broader scientific community, helping to maintain high standards in biomedical science. This process is particularly important in drug development, where clinical data must be rigorously scrutinized before gaining acceptance among clinicians, regulators and investors.

In addition to validating research, publication also facilitates knowledge sharing and scientific progress. Peer-reviewed publications allow researchers to build upon existing findings, supporting cumulative advancements in medicine and improving patient care outcomes over time. For biopharmaceutical companies, publishing clinical data can therefore help position therapies within the broader scientific landscape while enabling collaboration and informed clinical decision-making.

“Transparency of clinical trial information . . . is essential to scientific advancement,” states the Commissioner of Food and Drugs, Robert M. Califf, M.D.Making clinical trial information publicly available fulfills the commitment to volunteer research participants and also enhances public trust. Simply put: if a human experimental study is done and the existence of the study and the results are not publicly available, it is difficult to assert that obligation of the researchers to contribute to generalizable knowledge has been met.” 

Companies that consistently publish their findings often strengthen their credibility with both regulators and the medical community. Soligenix is one of those companies. Most recently, SNGX announced that a clinical summary of its HyBryte therapy (synthetic hypericin) for cutaneous T-cell lymphoma (“CTCL”) was published in the peer-reviewed journal “Expert Opinion on Investigational Drugs.”

Titled “Topical Hypericin: A Promising Photodynamic Therapy for Early-Stage Cutaneous T-Cell Lymphoma,” the article was written by Brian Poligone, MD, PhD, the founder and medical director of the Rochester Skin Lymphoma Medical Group; Poligone is also the director of cancer biology research for the Rochester General Hospital Research Institute. Poligone and his team have participated in four HyBryte clinical studies and have gained extensive clinical experience and understanding of the HyBryte therapy. The publication provides an overview of the therapy’s mechanism of action, clinical development and potential role in treating CTCL, a rare form of non-Hodgkin lymphoma that primarily affects the skin.

CTCL is a chronic condition that can significantly impact quality of life, often presenting with persistent skin lesions, itching and inflammation. CTCL is typically slow growing but requires ongoing management, with treatment strategies often focused on controlling symptoms and delaying disease progression. This underscores the need for therapies that are both effective and well tolerated over long periods.

HyBryte is designed as a photodynamic therapy that combines synthetic hypericin, a photosensitizing agent, with visible light activation. Once applied to affected areas, the compound is activated by specific wavelengths of light, producing a localized therapeutic effect that targets malignant T-cells while minimizing damage to surrounding healthy tissue. Soligenix has reported that this approach may offer a non-systemic treatment option, which is particularly relevant in early-stage CTCL where patients often seek therapies with fewer systemic side effects.

The published clinical summary highlights data generated from HyBryte’s clinical development program, including prior late-stage trials evaluating its safety and efficacy profile. By consolidating these findings into a peer-reviewed format, the publication provides clinicians and researchers with a comprehensive overview of the therapy’s potential, supporting further evaluation and discussion within the medical community.

Importantly, publication in a journal such as “Expert Opinion on Investigational Drugs” places HyBryte within a broader scientific dialogue focused on emerging therapies. Journals of this type are widely read by clinicians and researchers, helping to disseminate new findings and inform future research directions. This level of visibility can play a meaningful role in shaping how new therapies are perceived and ultimately adopted in clinical practice.

Beyond HyBryte, Soligenix continues to apply its broader platform-based approach to drug development across multiple therapeutic areas, including rare diseases and inflammatory conditions. The company’s focus on generating and publishing clinical data reflects an ongoing commitment to scientific rigor as it advances its pipeline.

As the healthcare industry increasingly emphasizes evidence-based medicine, the importance of peer-reviewed research continues to grow. Soligenix’s recent publication represents more than a dissemination of data; it signals progress in the validation of a potential new therapy for a difficult-to-treat disease. By contributing to the scientific literature, the company not only advances its own clinical programs but also supports the broader effort to improve treatment options for patients living with rare and chronic conditions.

For more information, visit www.Soligenix.com.

NOTE TO INVESTORS: The latest news and updates relating to SNGX are available in the company’s newsroom at https://ibn.fm/SNGX

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Expands Strategy for Critical Magnet Materials Supply

Disseminated on behalf of Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) and may include paid advertising.

  • Recent analysis underscores the vulnerability of specialized rare earth elements samarium and gadolinium.
  • This elevated risk profile is largely driven by the dominance of a single country in rare earth production and processing as well as increasing demand for the elements.
  • Ucore is working to accelerate the commercial development of its planned processing capabilities for these materials.

Securing reliable supplies of specialized rare earth elements is becoming increasingly important as demand rises across defense, energy and advanced manufacturing sectors. With this in mind, Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) recently announced that it is accelerating commercial planning for the production of samarium and gadolinium, two critical materials used in high-performance magnet applications and other advanced technologies.

The importance of this announcement is closely tied to rising demand and constrained supply for these specific rare earth elements. Samarium is a key component of samarium-cobalt magnets, which are valued for their ability to operate at high temperatures and maintain magnetic strength in demanding environments such as aerospace systems, defense technologies and certain energy applications. 

Gadolinium, meanwhile, is used in nuclear reactors, medical imaging technologies such as MRI contrast agents and emerging clean-energy applications. The U.S. Geological Survey has identified rare earth elements broadly as critical minerals due to their essential role in modern technologies and the high risk of supply disruption tied to concentrated production.

Recent analysis from the U.S. Geological Survey further underscores the vulnerability of these materials. In its 2025 draft critical minerals assessment, samarium ranked as the number one mineral at highest supply disruption risk, while gadolinium was also placed in the high-risk tier, reflecting both supply concentration and growing demand pressures. 

This elevated risk profile is largely driven by the dominance of a single country in rare earth production and processing. China remains the leading global producer and processor of rare earth elements, creating a bottleneck in the supply chain that affects availability of separated oxides required for magnet manufacturing and other advanced uses.

Demand growth is also accelerating. According to the International Energy Agency (“IEA”), demand for rare earth elements used in clean-energy technologies could increase by two to three times by 2040, driven by the expansion of electric vehicles, wind power and other electrification trends. While much of this growth is tied to neodymium-based magnets, samarium-cobalt magnets remain essential for applications where higher thermal stability is required, particularly in defense and aerospace systems. These overlapping demand drivers contribute to a tightening market for both samarium and gadolinium, increasing the need for new sources of supply outside of existing dominant producers.

Against this backdrop, Ucore’s recent announcement focuses on accelerating the commercial development of its planned processing capabilities for these materials. The company stated that it is advancing engineering and planning work to support the production of samarium and gadolinium oxides as part of its broader rare earth separation strategy. This effort is tied to Ucore’s planned facilities in North America, including its Strategic Metals Complex in Louisiana and its activities in Kingston, Ontario, where it has been operating a Commercialization and Demonstration Facility to validate its proprietary RapidSX(TM) technology.

RapidSX is central to Ucore’s approach. The technology is designed to improve upon conventional solvent extraction methods used to separate rare earth elements into individual oxides. According to the company, RapidSX aims to reduce processing time and plant footprint while maintaining or improving separation efficiency, enabling a more flexible and scalable approach to rare earth refining. This capability is particularly important for heavy and mid-range rare earth elements such as samarium and gadolinium, which require precise separation processes to achieve the purity levels needed for downstream applications.

Ucore’s broader strategy involves creating a North American supply chain for rare earth oxides that reduces reliance on overseas processing. The company has been working to align its processing plans with both upstream feedstock sources and downstream magnet manufacturing capacity. Previous announcements include a strategic alliance with Vacuumschmelze and eVAC Magnetics LLC to support the supply of rare earth oxides for permanent magnet production, linking Ucore’s refining capabilities to manufacturing operations in western markets.

In addition, Ucore has received conditional support from the government of Canada for its Canadian processing initiatives, including funding of up to C$36.3 million to advance a facility focused on refining samarium and gadolinium oxides. This support reflects broader policy efforts in North America to strengthen domestic critical mineral supply chains and ensure access to materials that are essential for both economic and national security.

The company’s latest announcement builds on these developments by emphasizing a more targeted focus on samarium and gadolinium as strategic materials within its portfolio. By accelerating commercial planning for these elements, Ucore is positioning itself to address a segment of the rare earth market that combines high demand, limited supply and strong geopolitical relevance. As global supply chains continue to evolve and demand for advanced materials increases, the ability to produce these specific oxides domestically may become an increasingly important differentiator.

For more information, visit www.Ucore.com.

NOTE TO INVESTORS: The latest news and updates relating to UURAF are available in the company’s newsroom at https://ibn.fm/UURAF

Perpetuals.com Ltd. (NASDAQ: PDC) to Present AI-Driven Trading Platform at Emerging Growth Conference

  • The company’s AI-driven digital asset trading platform combines artificial intelligence, blockchain settlement, and EU-compliant market infrastructure, and CEO Patrick Gruhn is expected to outline the company’s strategy and engage with investors at the Emerging Growth Conference, taking place online April 1, 2026.
  • Perpetuals operates technology supporting a CySEC-authorized multilateral trading facility under European regulatory frameworks.

Perpetuals.com (NASDAQ: PDC), a fintech company developing AI-powered trading products and prediction markets, announced that CEO Patrick Gruhn will deliver a presentation and participate in a live question-and-answer session with investors at the Emerging Growth Conference on April 1 at 12:35 p.m. Eastern Time. The free, online event will provide an overview of the company’s AI-driven trading infrastructure and its broader strategy (https://ibn.fm/6FTub). According to details released by the company, investors will be able to watch the presentation via live webcast through the conference portal (https://EmergingGrowth.com).

Perpetuals’ platform has also been designed to comply with European regulatory regimes, including MiFID II, MiCA, DORA, and EMIR. The regulatory positioning reflects a broader structural shift within digital asset markets. While demand for leveraged crypto exposure continues to expand, many traditional brokers and financial institutions face regulatory barriers that limit their ability to connect with offshore trading venues.

Perpetuals aims to fill that gap by providing compliant infrastructure that brokers and institutions can access through application programming interfaces rather than building their own derivatives engines. Artificial intelligence is central to the company’s platform design. Perpetuals says its machine-learning models have been trained on data representing more than 11.7 billion order-book fills, covering over 22 billion trades. The data feeds algorithms intended to analyze liquidity conditions, trader behavior, and market risk in real time. The company believes such analytics could help address some of the structural weaknesses in crypto derivatives markets, particularly those related to sudden liquidation cascades and opaque pricing mechanisms.

Perpetuals recently introduced a derivatives contract known as Barrier Futures, which management says is designed to address concerns surrounding two dominant categories of leveraged trading: perpetual swaps and retail contracts for difference. Perpetual swaps, widely traded on offshore crypto exchanges, account for between $100 billion and $300 billion in daily volume. At the same time, the global CFD brokerage market includes roughly 19 million retail traders. Combined with broader over-the-counter derivatives activity, these segments represent markets with annual notional value measured in hundreds of trillions of dollars.

Barrier Futures attempts to differentiate itself structurally. Unlike perpetual swaps, the contract embeds mandatory knock-out barriers at the moment a position is opened. Those barriers define the maximum loss upfront. As a result, traders face no margin calls, no forced liquidations and no recurring funding payments.

The product is designed to operate within a regulated environment rather than relying on offshore venues. Perpetuals’ infrastructure supports a CySEC-authorized multilateral trading facility, allowing the contracts to be executed within a regulated European framework rather than through bilateral broker relationships typical of the CFD industry. Barrier Futures also allow brokers to compete with prediction markets by wrapping them into Barrier Future contracts.

For more information, visit the company’s website at www.Perpetuals.com.

NOTE TO INVESTORS: The latest news and updates relating to PDC are available in the company’s newsroom at https://ibn.fm/PDC

Beeline Holdings Inc. (NASDAQ: BLNE) Reports 127% Revenue Growth and Key Milestones Achieved in Q4 2025, Detailing Strategic Priorities for 2026

  • Beeline Holdings Inc., in a recent update call, reported 127% year-over-year revenue growth for Q4 2025, reflecting the expansion of its digital mortgage platform.
  • Mortgage origination volume rose 44% to $84.7 million during the quarter, and average revenue per loan increased 31%, while cost per loan declined 18%, indicating improving unit economics.
  • Q4 also had the company releasing BeelineEquity, a blockchain-recorded platform allowing homeowners an efficient way to access equity without refinancing.
  • Management says the company ended 2025 debt-free, strengthening its balance sheet ahead of expansion, and executives expect accelerating revenue growth in 2026 as new products and AI-driven automation scale.

Beeline Holdings (NASDAQ: BLNE),  a fast-growing digital mortgage platform offering a quicker and easier path to homeownership, reported strong revenue growth and improving loan economics in its recently reported fourth-quarter 2025 results, highlighting a strategy that combines digital mortgage origination with new fee-based real-estate finance products. The fintech lender posted net revenue of $2.5 million in the fourth quarter, up 127% from the same period a year earlier and 8.3% sequentially. Mortgage originations reached $84.7 million, a 44% increase year over year (https://ibn.fm/DqJaW).

Management discussed the results during a March 30 conference call reviewing the company’s financial performance and outlook for 2026. Chief executive and co-founder Nick Liuzza said 2025 represented a transition year as the company strengthened its capital structure and completed key technology investments. “In 2025 we became a public company, strengthened the balance sheet through equity capital raises and the elimination of debt, and built our technology stack,” Liuzza said.

Beeline’s growth was supported by improving operational efficiency across its mortgage platform. According to chief operating officer and co-founder Jess Kennedy, the company increased average revenue per loan by 31% while reducing average cost per loan by 18%. These improvements continued into early 2026, suggesting that the company’s digital operating model is beginning to deliver operating leverage.

Several operational metrics also improved. Lead-to-application time fell from 1.1 days to roughly half a day, while the time required to move a loan from processing to closing fell from 22 days to 18 days. Conversion rates also improved. Lock-to-close conversions rose from 46% to 55.1%, reflecting stronger efficiency in the underwriting and closing process.

The company attributes these improvements to automation tools embedded within its digital platform, including AI agents and workflow automation designed to accelerate borrower onboarding. Beeline’s platform focuses on borrowers who are often underserved by traditional lenders. These include self-employed workers, gig-economy participants, and younger borrowers who may face difficulties qualifying through conventional underwriting models.

Through its subsidiary Beeline Loans Inc., the company offers mortgage products tailored to borrowers with nontraditional income streams as well as real-estate investors purchasing rental properties. The model reflects broader demographic shifts in housing finance. Homeownership among younger Americans remains relatively limited. According to analysis cited by the industry publication National Mortgage Professional (https://ibn.fm/FMO3W), 26.1% of Gen Z adults and 54.9% of millennials owned homes in 2024, reflecting structural barriers in mortgage access.

Beeline’s automated underwriting tools aim to address that gap by evaluating borrower data rapidly and providing a qualification decision within minutes. The company’s digital workflow also shortens closing timelines. Beeline says loans can typically close in 14 to 21 days, significantly faster than the industry average.

In addition to serving homebuyers, the company has seen growing demand from younger investors purchasing rental properties. Management says this segment has become an important driver of loan volume.

In addition to its core mortgage business, Beeline is expanding into new transaction-based revenue streams. During the fourth quarter, the company launched BeelineEquity, a platform designed to allow homeowners to access a portion of their home equity without refinancing or taking on additional debt. The product allows homeowners to sell a fractional interest in their property while retaining ownership. Initial transactions were completed and recorded on a blockchain infrastructure during the quarter.

Liuzza described the platform as a way to unlock liquidity in the housing market. “There is nearly $40 trillion of home equity in the United States that is effectively illiquid,” he said. “BeelineEquity is designed to unlock that liquidity … As the market develops, we believe Beeline is uniquely positioned as a first mover with a fully integrated platform.”

Unlike traditional mortgage products, Beeline’s platform generates revenue through transaction fees rather than interest spreads, with the company earning approximately 3.5% per transaction while providing services such as customer acquisition, property analysis, title settlement, and compliance. The company believes the structure could provide a more capital-light revenue stream compared with traditional lending.

Chief financial officer Christopher Moe said Beeline ended the year with a stronger balance sheet. The company reported full-year 2025 revenue of $7.8 million, consisting primarily of gains on loan sales, origination fees, and title services. Operating expenses totaled $27.3 million, with roughly 30% related to non-cash items such as stock-based compensation.

Importantly for investors, the company finished the year without corporate debt, aside from warehouse lines used to fund mortgage originations. Warehouse lending capacity expanded significantly during the year as well, supporting continued loan growth.

Looking ahead, management expects revenue growth to accelerate as the platform scales. Kennedy outlined three strategic priorities for 2026:

  • Expanding the core mortgage business while improving loan-level efficiency.
  • Scaling the BeelineEquity platform in a controlled manner.
  • Expanding software-as-a-service and artificial intelligence capabilities across the platform.

Management believes these initiatives could move the company toward positive operating cash flow as transaction volumes increase.

“Our objective is straightforward,” Kennedy said during the call. “Strengthen Beeline’s financial profile while building a scalable platform capable of delivering sustainable long-term high-margin growth and providing an exceptional customer experience.”

For more information, visit the company’s website at www.MakeABeeline.com.

NOTE TO INVESTORS: The latest news and updates relating to BLNE are available in the company’s newsroom at https://ibn.fm/BLNE

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April 6, 2026

American Fusion (OTC: AMFN), an advanced energy platform company focused on the development and commercialization of an advanced fusion energy technology, recently highlighted its participation in multiple industry events as part of a broader effort to remain connected to technical research and power-system engineering developments (https://ibn.fm/5C8bp). In March, company representatives attended two international technical gatherings. […]

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