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SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Begins Construction on First Battery Storage Project in Ontario

  • $25.8 million financing from the Royal Bank of Canada will be used for a 4.99 MW Ontario-based battery energy storage system consisting of two projects, SFF-06 and 903.
  • The projects mark SolarBank’s first foray into energy storage, a market expected to reach $31.2 billion USD by 2029.
  • The project benefits from a 22-year contract with Ontario’s electricity operator, ensuring stable revenue.
  • SolarBank is leveraging government incentives, including a 30% Clean Technology Investment Tax Credit.
  • Anvil Crawler Development Corp. was awarded a $1.85 million contract for civil and electrical work on the project.

Disseminated on behalf of SolarBank Corporation

SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar initiatives throughout Canada and the U.S., has announced that construction began on its first battery energy storage system (“BESS”) in Ontario during the week of February 10, 2025 (https://ibn.fm/smENa).

The project, known as SFF-06, is located in Cramahe, Ontario, and represents SolarBank’s entry into the fast-growing battery storage sector. The project will store energy to help balance the electrical grid and improve reliability.

The move comes as battery storage demand surges, with the global market projected to reach $31.2 billion USD by 2029, growing at 16.3% annually (https://ibn.fm/65lyd). Battery storage systems are becoming critical for addressing grid inefficiencies, aging infrastructure, and surging energy demand driven primarily by sectors such as artificial intelligence and crypto mining. 

The project is part of a $25.8 million financing package from Royal Bank of Canada, covering two SolarBank projects (SFF-06 and 903).

SolarBank holds a 50% stake in the 4.99 MW project through ProjectCo, a company formed after SolarBank’s $45 million acquisition of Solar Flow-Through Funds Ltd. in 2024. The remaining 50% is owned by a First Nations partnership, showcasing a commitment to Indigenous investment in renewable energy.

The project benefits from a 22-year contract awarded by Ontario’s Independent Electricity System Operator (“IESO”) under its Expedited Long-Term RFP (“E-LT1 RFP”) program.

  • The contract provides a fixed capacity payment of $1,221 per megawatt per business day—well above the market average.
  • SolarBank expects the project to have 4.74 MW of daily contract capacity for 251 business days per year.

This long-term agreement ensures stable revenue, making the project attractive for investors. Additionally, SolarBank is taking advantage of Canada’s Clean Technology Investment Tax Credit, which provides up to 30% reimbursement for capital costs on new clean energy projects. This significantly improves the project’s financial viability, making it a cost-effective expansion into energy storage.

SolarBank has awarded Anvil Crawler Development Corp. a $1.85 million contract for civil and electrical work on the project. Anvil Crawler is part of Skyline Group, which manages over $5.4 billion USD in assets.

With the project’s February construction startup, SolarBank is quickly implementing this strategic expansion into energy storage, which aligns with ongoing broader trends in renewable energy and grid modernization. The move is a natural extension of the company’s significant renewable energy expertise, with its impressive portfolio of renewable energy initiatives, including more than 100 megawatts of developed capacity and a pipeline exceeding one gigawatt, all positioning it as a key player in driving the renewable energy transition.

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

This report contains forward looking information. Please refer to https://ibn.fm/G76GJ for additional details.

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

NEWTON GOLF Company (NASDAQ: SPGC) Is ‘One to Watch’

  • NEWTON GOLF Company operates in a large and expanding global golf equipment market with rising demand for high-performance products.
  • The company benefits from strong gross margins and a clear pathway to profitability as it scales its operations.
  • U.S.-based manufacturing provides strict quality control, supply chain efficiency, and faster response times to market demand.
  • An omnichannel sales strategy, including retail, e-commerce, and international distribution, enhances market reach and revenue diversification.
  • Future growth opportunities include new product lines, strategic acquisitions, and continued technological advancements in golf equipment.

NEWTON GOLF (NASDAQ: SPGC), a Sacks Parente company, is a technology-forward golf equipment manufacturer committed to enhancing player performance through innovative design. Since its founding in 2018, the company has developed a growing portfolio of premium golf products, including putters, golf shafts, grips, and related accessories. Its proprietary advancements include the First Vernier Acuity putter, patented Ultra-Low Balance Point (“ULBP”) technology, weight-forward Center-of-Gravity (“CG”) design, and ultra-light carbon fiber putter shafts.

As part of its commitment to growth in golf shaft technologies, the company expanded its manufacturing operations in April 2022, opening a dedicated facility in St. Joseph, Missouri. This move reinforced its goal of maintaining high-quality production standards while manufacturing and assembling substantially all of its products in the United States. In addition to golf clubs and accessories, NEWTON GOLF is exploring expansion into golf apparel and other product categories.

The company sells its products through multiple channels, including resellers, its direct-to-consumer website, Club Champion retail stores, and distributors in the U.S., Japan, and South Korea. Future expansion may include growth through mergers, acquisitions, or the development of complementary product lines.

NEWTON GOLF Company is headquartered in Camarillo, California.

Products

NEWTON GOLF is focused on delivering high-performance golf equipment with a strong emphasis on precision engineering and cutting-edge materials. The company’s key product lines include:

  • Newton Motion Golf Shafts: Launched in November 2023, these shafts are engineered with proprietary flex profiles designed for greater distance, reduced dispersion, and optimized performance across swing speeds. The company’s DOT system eliminates traditional shaft flex definitions, making it accessible to all golfers.
  • Gravity Putters: Introduced in October 2024, these putters incorporate patented Ultra-Low Balance Point (“ULBP”) technology to improve stroke consistency and tighten putt dispersion. Manufactured in the U.S., they feature premium materials such as steel, aluminum, titanium alloys, and patented magnesium face plate technology.
  • Golf Grips & Accessories: The company continues to innovate in this category, providing golfers with performance-enhancing grips and accessories to complement their clubs.

All NEWTON GOLF products are manufactured with strict quality control standards to ensure precision and reliability, reinforcing the brand’s reputation for premium performance.

Market Opportunity

The global golf equipment market was valued at approximately $8 billion in 2022, with the U.S. market accounting for $2.9 billion. The golf club segment dominated the industry, representing 45.7% of total market share. Increasing participation in golf, particularly among younger players and women, is driving demand for high-quality, customizable golf equipment.

Key industry trends supporting growth include:

  • The increasing popularity of premium, high-performance golf equipment among both professionals and amateurs.
  • A shift toward customization, as golfers seek tailored products that enhance performance.
  • A growing interest in golf from younger demographics, with amateur and collegiate golfers being particularly receptive to innovation.

NEWTON GOLF’s emphasis on U.S.-based manufacturing provides it with a competitive edge in terms of supply chain efficiency, quality control, and sustainability, further strengthening its position in the market.

Leadership Team

Dr. Greg Campbell, Executive Chairman and Chief Executive Officer, brings nearly 40 years of experience in emerging technologies, product development, and public company leadership. He currently serves as CEO of V-Grid Energy Systems, a California-based company focused on converting agricultural waste into renewable electricity and bio-carbon. He has successfully taken two companies public and previously managed a $1.2 billion P&L as SVP & GM at Lam Research. Campbell holds a Ph.D. in Electrical and Electronics Engineering from UCLA and a BA/MA in Engineering from Cambridge University.

Ryan Stearns, Chief Financial Officer, was appointed in 2024 and oversees financial planning and corporate strategy. He brings expertise in scaling businesses and optimizing financial performance to support the company’s growth.

For more information, visit the company’s website at https://newtongolfco.com.

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

SuperCom Ltd.’s (NASDAQ: SPCB) Client Tripled Orders for PureTrack GPS Monitoring Device

  • SuperCom is a best-in-class developer of electronic monitoring (“EM”) technology that serves a variety of client needs, and primary focus on the growing market for court-supervised individuals under house arrest or restricted movement orders
  • SuperCom’s PureSecurity Suite of solutions includes a number of compatible products, with key advantages that provide discreetly wearable functionality, GPS and RFID signal tracking, alert notifications to law enforcement and potential individual targets, along with superior battery life
  • The company recently reported that a European government client has called for a sharp increase in orders over the initial contract expectations for SuperCom’s PureTrack GPS units, tripling the product’s unit orders over the past year
  • SuperCom anticipates a 400% growth in PureTrack orders from this client by the end of the year

Electronic monitoring (“EM”) technology developer SuperCom’s (NASDAQ: SPCB) focus on building quality into its products for the public safety sector is reaping rewards as government entities in Europe and North America form a growing list of clients.

Last month, the company received new orders from an existing client, tripling the number of PureTrack GPS units they use year-over-year. PureTrack is part of SuperCom’s PureSecurity EM Suite of products for monitoring inmates and individuals under house arrest or other court-ordered rehabilitation programs.

The 200% growth in unit orders came as a European government customer sharply increased its demand for the EM tracking technology over original contract expectations. “We are excited to see rapid unit growth within this valuable nationwide European EM project,” SuperCom President and CEO Ordan Trabelsi stated (https://ibn.fm/t8SeD). “When numbers grow beyond what is originally expected, we see it as a clear signal to the effectiveness of our technology solutions and complimentary services.”

The PureSecurity suite provides court programs the capacity to free select convicts or accused suspects from prison or jail while still preserving safety for local communities. Compliance with the terms of house arrest and limited community movement for medical, educational or employment purposes can be remotely monitored in real-time to ensure court-established boundaries are not breached.

Because of EM’s value in reducing budgetary expenses and its potential for increasing rehabilitation and reducing criminal recidivism, its use is growing worldwide (https://ibn.fm/pcmh8).

The PureTrack GPS tracking device for enrollees in the electronic monitoring program can pair with other SuperCom suite devices such as the wearable PureOne monitor, the PureTag wearable RFID bracelet, and the home base station PureCom to provide a range of options from in-home detention, one-piece movement tracking, and EM tracking that provides boundary breach alerts not only to law enforcement but identified potential victims as well, teaming with simple smartphone accessibility.

The company’s suite of products has proven competitive within the global market, thanks largely to innovative features that include smartphone integration, anti-tamper mechanisms, fingerprint biometrics, voice communication, and extended battery life.

SuperCom’s announcement adds that with the growth of PureTrack orders beyond what was originally contracted, the company anticipates orders will pass 400% growth by the end of the year as part of “a large ongoing Nationwide European” EM project’s expansion.

“As we continue expanding our customer base in the U.S., we remain deeply committed to serving our existing customers with excellence — including key partners like this European government client,” Trabelsi stated.

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

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

Massimo Group (NASDAQ: MAMO) Leads the Charge: Reshoring Manufacturing Back to the USA

  • Massimo Group moves production of its MVR Golf Cart series to Garland, Texas
  • U.S. reshoring investment rises, as Massimo installs new cutting-edge automation, enhancing efficiency and safety
  • Government incentives and policies backstop success for companies like MAMO

In recent decades, the U.S. witnessed a significant shift in manufacturing jobs moving overseas, driven by companies seeking lower labor costs and increased efficiency. This trend led to a substantial decline in domestic manufacturing employment to just below 10% in 2022.

However, a resurgence of “Made in the USA” pride is fueling efforts to bring manufacturing back to American soil. This movement, known as reshoring, is gaining momentum as businesses recognize the benefits of domestic production, including higher product quality, shorter delivery times and enhanced responsiveness to customer demands. Although, recent data underscores this trend. Just last year, spending on U.S. manufacturing facilities rose to an annual rate of $225 billion.

Several factors contribute to this reshoring movement. Trade tensions and policies have disrupted global supply chains, prompting companies to reconsider their offshore operations. For instance, U.S. manufacturers are experiencing growing challenges due to trade tensions and policies under President Donald Trump’s administration. Companies like Husco and Snap-On are finding their investment plans and global supply chains disrupted by the threat of tariffs against Mexico and new 25% tariffs on steel and aluminum.

Additionally, advancements in automation and technology have made domestic manufacturing more cost-competitive, reducing the reliance on low-cost foreign labor. The COVID-19 pandemic further highlighted vulnerabilities in global supply chains, reinforcing the need for localized production to ensure stability and control.

Companies across various industries are actively reshoring operations. For example, Massimo Group (NASDAQ: MAMO), a formidable force in the powersports and on-road vehicle industry through its diverse and value-packed product offerings, announced the transition of its MVR Golf Cart series production to its facility in Garland, Texas. By assembling these vehicles domestically, Massimo ensures stricter quality control while strategically positioning itself within the U.S. market. This move aligns with the company’s commitment to delivering high-quality vehicles while adapting to the evolving trade landscape.

While it brings its golf cart manufacturing to the U.S., Massimo is also staying ahead of the technology curve by ramping up production at its Garland, Texas, facility with a new robotic assembly line. This advanced system, featuring Automated Guided Robots (“AGRs”), increases efficiency by 50%, enhances quality control and improves worker safety. By integrating cutting-edge automation, Massimo is reinforcing its commitment to reshoring jobs, optimizing manufacturing and meeting growing market demand. Additionally, the company has expanded production of its best-selling T-Boss 560L and 760L UTVs, now equipped with fully enclosed cabs and heaters for all-weather performance, further solidifying its position as a leader in American manufacturing.

Concerted Policy Backstops Success

The U.S. government has also implemented policies to encourage reshoring. Legislation such as the Inflation Reduction Act and the CHIPS and Science Act offer over $400 billion in incentives for industrial growth, aiming to revive American manufacturing. Initial outcomes show a significant increase in manufacturing investments, with large-scale projects reaching $225 billion.

While challenges remain, including competition from established offshore manufacturing hubs and the need for a skilled domestic workforce, the reshoring movement reflects a renewed commitment to American manufacturing. By bringing production back home, companies aim to strengthen the economy, create jobs and restore the pride associated with “Made in the USA.”

For more information, visit the company’s website at massimomotor.com, massimomarine.com and massimoelectric.com

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

Bridging the Supply Gap: How Torr Metals Inc.’s (TSX.V: TMET) Kolos Project Aligns with BC’s Growing Copper Demand

  • Torr Metals has strategically positioned its Kolos Project near the Highland Valley, New Afton and Copper Mountain mines, which are nearing the end of their ore feeds
  • As production from neighboring mines inevitably declines, Torr’s Kolos Project offers a potential new source of copper and gold in one of Canada’s most mining-rich regions
  • A lack of greenfield exploration means these companies have minimal targets for replacing operations in the area
  • Torr Metals is well-placed to capitalize on the mining dynamics of the region and deliver long-term value to investors

In the world of mining, much like in real estate, the rule is often “location, location, location.” Torr Metals (TSX.V: TMET) has adhered to this principle with precision by strategically advancing its Kolos Project near some of the most established and productive porphyry copper mines in Canada. By developing the Kolos Project in southern British Columbia, near the Highland Valley, New Afton and Copper Mountain mines (Figure 1), Torr has positioned itself to fill the growing demand for copper as these nearby mines face declining ore reserves. To that point, Kolos stands poised to be part of the next generation of potentially new copper discoveries, providing much needed supply in one of the most prolific mining districts in the world.

Highland Valley Copper Mine

The Highland Valley Copper (“HVC”) mine, one of Canada’s largest and longest-running copper operations, has been a cornerstone of the region’s mining activity for decades. Located 50 kilometers southwest of Kamloops, HVC has produced billions of pounds of copper and molybdenum concentrates. However, as with any large mine, its ore feed is fading. Teck Resources (TSX: TCK.B) (NYSE: TECK), the company behind HVC, has launched the HVC Mine Life Extension Project, aiming to extend operations for another 18 years into the mid-2040s. But despite this effort, HVC’s current ore reserves are finite, and production challenges are inevitable.

With this in mind the recent approval by the British Columbia government for a mine life extension permit signifies a shift towards further resource positivity in the region, reflecting a more supportive stance on development of resource projects (https://ibn.fm/F2bpJ).

New Afton Mine

The New Afton Mine, located near Kamloops, has been in operation since 2012, producing copper and gold from its underground operations. New Gold Inc. (TSX: NGD) (NYSE: NGD) has invested in expanding the mine’s C-zone block cave to extend its operational life beyond 2030. Like its peers, the company is active in discovery to further extend the mine’s life. In October 2024, New Gold achieved a significant milestone by commencing commercial production from the C-Zone, marking a critical step in extending the mine’s operational life. While this extension is promising, the mine’s total capacity remains limited, and the search for additional ore is becoming more urgent.

Copper Mountain Mine

The Copper Mountain Mine, located near Princeton, British Columbia, is a significant copper producer in the region. As of December 2023, Hudbay Minerals (TSX: HBM) (NYSE: HBM), which acquired Copper Mountain Mining Corporation in June 2023, reported that the mine’s mineral reserves support a 21-year mine life. Hudbay’s updated mine plan anticipates average annual copper production of 46,500 tonnes over the first five years, 45,000 tonnes over the first ten years, and 37,000 tonnes over the 21-year mine life. While the current mine life is projected to extend to 2044, Hudbay is actively exploring opportunities to further extend the mine’s life beyond this period.

Kolos Project: Positioned for Success

As HVC, New Afton and Copper Mountain face known lifespans, TMET’s Kolos Project becomes even more strategically important, offering a potential supply of copper and gold to meet the region’s growing demand. Given the importance of mining to the local economy, local governments and Canadians alike understand the necessity of finding new resources that will also bring new opportunity and that’s exactly what Torr is bringing to the table.

Investors have taken note too. The company recently completed the final tranche of its oversubscribed non-brokered private placement, raising total proceeds of $630,560 for its mine development efforts.

Torr’s Kolos Project offers a timely and strategic potential solution to the pending copper supply gap in southern British Columbia, representing a significant opportunity to help sustain copper production in the region. Torr has already outlined two key, undrilled cluster porphyry systems at Kolos: the Kirby-Lodi-Rea cluster and the newly expanded Sonic Zone. These targets exhibit large-scale alteration footprints and high-grade copper mineralization at surface, making them prime candidates for near-term exploration and development.

A map of gold mining

AI-generated content may be incorrect.

Figure 1. Location of the Kolos Project relative to the Highland Valley, New Afton and Copper Mountain Mines.

TMET recently announced a major milestone with the discovery of high-grade copper at the Sonic Zone. A rock grab sample from the zone returned 1.10% Cu, confirming the potential of this newly identified area. The Sonic Zone was initially uncovered during Torr’s 2024 reconnaissance program in an area with no previously recorded exploration, revealing significant porphyry-style alteration and mineralization. Subsequent mapping expanded the zone’s footprint to 12 km², up from an initial 2 km². The zone is located adjacent to Highway 5, offering excellent road access and positioning it close to major copper mines, such as the HVC and New Afton.

Geologically, the Sonic Zone shares similarities with nearby porphyry copper systems, such as the New Afton and Copper Mountain mines. High-grade copper mineralization aligns with strong magnetic anomalies, indicating the presence of an alkalic porphyry system. The discovery of high-grade copper in the first year of exploration highlights the Kolos Project’s immense untapped potential and positions the Sonic Zone as a promising addition to the Kolos Project’s growing copper-gold exploration footprint, with further discoveries anticipated as exploration continues.

Torr Metals has strategically built the Kolos Project from the ground up through low-cost staking, rather than acquisition with premiums, demonstrating a smart and calculated approach to exploration. CEO Malcolm Dorsey personally led the staking of this highly prospective district, securing a significant copper-gold opportunity in a prolific yet underexplored region. By securing a prime location near the aging copper giants of Highland Valley, New Afton and Copper Mountain, Torr is poised to take advantage of the growing need for new copper sources. The Kolos Project, with its undrilled porphyry systems and high-grade mineralization, stands ready to step in as a potentially reliable, sustainable source of copper in one of the world’s most mining-rich regions. As production from neighboring mines declines, Torr’s Kolos Project is positioned to meet the rising demand for copper and continue to drive value for shareholders in the years ahead.

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

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

Brera Holdings PLC (NASDAQ: BREA) Projected Stock Valuation Could Triple in 2025 as it Closes in on Significant Revenue Growth with SS Juve Stabia Acquisition

  • Brera Holdings, an Ireland-based, international holding company with a global portfolio of men’s and women’s sports clubs, is on track to close the last phase of its SS Juve Stabia acquisition by March 31, 2025
  • Following the completion of this acquisition, Brera’s revenue is expected to hit between $6.3 million and $9.8 million in 2025 and continue rising thru 2027
  • These projections have implied a market capitalization of $55.76 million by 2027, further proving the viability and strategic opportunity of Brera’s multi-club ownership (“MCO”) model
  • 247MarketNews.com Releases Updated Valuation Report, Highlighting Growth Potential and Stating that Brera’s Stock Could Triple in 2025

Brera Holdings (NASDAQ: BREA), an Ireland-based, international holding company focused on expanding its global portfolio of men’s and women’s sports clubs through a multi-club ownership (“MCO”) approach, remains on track to close the last phase of its acquisition of SS Juve Stabia by March 31, 2025. This deal will bring the company’s ownership stake to 51.72%. For Brera’s management, this acquisition bolsters the company’s portfolio while building its global investment in professional football. In addition, it positions the company for significant revenue growth in 2025, particularly considering SS Juve Stabia’s potential and its current rank in the Italian football league – sixth place in Serie B.

In a recent independent CFA research report it was estimated that Juve Stabia, which competes in Italy’s Serie B, its annual revenue in 2025 will increase by $5.15 million. Planned upgrades to the current stadium and infrastructure are expected to increase matchday income and improve the club’s marketability to premium sponsors. Moreover, Brera’s global network can be leveraged to further expand sponsorship opportunities and fan engagement.

Consequently, Brera’s 2025 revenue forecast has been revised in the CFA research report to between $6.3 million and $9.8 million, with projections before the effect of any additional acquisitions.

“Brera Holdings has made a strategic move with the Juve Stabia acquisition, and while challenges remain, the company is positioning itself for significant revenue growth,” noted Sascha P. Czerwenka, CFA, for 247MarketNews.com. “If operational improvements continue as expected, the stock could see a major re-rating, presenting a compelling opportunity for investors,” he added (https://ibn.fm/BMNRm).

The projections have implied a market capitalization of $55.76 million by 2027 (or $3.72 per share), further proving the viability and the strategic opportunity of Brera’s expansion of its MCO model. With this revised valuation, the company’s stock price is expected to triple in 2025 (https://ibn.fm/BMNRm).

It has been noted, though, that despite the acquisition strengthening Brera’s portfolio, there are, understandably, some risks associated with it. For starters, liquidity constraints and operational stability remain critical challenges. However, Brera’s management is committed to mitigating these risks, and one way it looks to do that is by focusing on financial discipline and revenue generation.

For additional information, visit the company’s website at www.BreraHoldings.com.

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

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Solidifies Position as Gold Demand and Value Rise

  • Historically, gold has demonstrated resilience and consistent performance, averaging an annual return of 8% since 1971.
  • As demand for gold continues to rise, the necessity for developing new gold mines becomes increasingly critical.
  • Platinum Group Metals Ltd. is making significant strides in the precious metals sector, including gold.

Gold has long been revered as a symbol of wealth and a reliable store of value. Its unique properties have made it a cornerstone in investment portfolios, offering stability and a hedge against economic uncertainties. As we navigate the complexities of the 21st-century financial landscape, gold’s significance remains undiminished, with projections indicating a promising future for this precious metal. Companies such as Platinum Group Metals (NYSE American: PLG) (TSX: PTM) that are operating in the precious metals space are positioned to benefit from the historic stability that gold offers.

Historically, gold has demonstrated resilience and consistent performance. Since the end of the gold standard in 1971, gold has averaged an annual return of approximately 8% (https://ibn.fm/JAusl) showcasing its ability to preserve wealth over time. Notably, during periods of economic downturns and market volatility, gold often outperforms other asset classes, providing a safe haven for investors. In 2024, gold prices soared to record highs, reflecting its enduring appeal amid global economic uncertainties (https://ibn.fm/DQxhG).

Looking ahead, many analysts maintain a bullish outlook on gold. J. P. Morgan forecasts gold prices reaching $2,600 per ounce by the end of 2025, driven by factors such as anticipated Federal Reserve rate cuts and sustained demand (https://ibn.fm/3k1Go). Goldman Sachs projects an even more optimistic scenario, predicting prices could rise to $3,000 per troy ounce by the end of 2025, citing strong demand and market dynamics (https://ibn.fm/3FrrC).

As demand for gold continues to rise, driven by its investment appeal and industrial applications, the necessity for developing new gold mines becomes increasingly critical. Expanding mining operations ensures a steady supply to meet global demand, supports economic growth, and generates employment opportunities. However, developing new mines involves navigating complex challenges, including environmental considerations, regulatory compliance, and substantial capital investment.

While primarily known for its focus on platinum and palladium, Platinum Group Metals is also making significant strides in the precious metals sector, including gold. The company’s flagship initiative, the Waterberg Project, is a large-scale, bulk-mineable underground deposit located in South Africa. This project is designed to produce a mix of platinum, palladium, gold, and rhodium, positioning PLG as a player in the diversified precious metals market.

The Waterberg Project represents a significant advancement in the mining industry, emphasizing modern, mechanized mining techniques to enhance efficiency and safety. The project’s design focuses on sustainable practices, aiming to minimize environmental impact while maximizing resource extraction. An updated mineral resource estimate in September 2024, indicating larger and higher-confidence resources, facilitated important mine design improvements in an updated feasibility study for the project, underscoring the project’s potential to contribute to the global supply of precious metals, including gold.

In addition to the Waterberg Project, Platinum Group Metals has entered into strategic partnerships to further its position in the precious metals market. Notably, the company has collaborated with Anglo American Platinum through Lion Battery Technologies to accelerate the development of next-generation battery technology using platinum and palladium. Such initiatives highlight PLG’s commitment to innovation and its adaptability to emerging market trends.

Gold’s enduring value and stability continue to make it an essential component of investment portfolios worldwide. Historical performance and future projections underscore its significance as a hedge against economic uncertainties and a reliable store of wealth. The increasing demand for gold necessitates the development of new mines to ensure a consistent supply. Companies like Platinum Group Metals, through initiatives such as the Waterberg Project, are working to develop these new mines to satisfy demand, contributing to the growth and stability of the global precious metals market.

For more information, visit www.PlatinumGroupMetals.net.

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

Thumzup Media Corp. (NASDAQ: TZUP) Outlines Plans for Significant Growth in FY 2025

  • Thumzup Media Corporation, a company at the forefront of modernizing the social media branding and marketing industry, recently issued a letter to its shareholders highlighting its 2024 achievements and plans for 2025
  • Of note was the “explosive” 230% advertiser base growth for 2024, its Nasdaq listing, and its market expansion that saw Thumzup expand into South Florida and Greater Los Angeles
  • Thumzup also extended its social media integrations to Instagram Reels and X while also launching analytics tools
  • For 2025, the company intends to expand its market further, and add more integrations

Thumzup (NASDAQ: TZUP), a Los Angeles-based company at the forefront of modernizing the social media branding and marketing industry with its unique platform that allows advertisers to connect directly with everyday social media users, recently issued a letter to its shareholders, noting its achievements thus far, and the plans it has in the works for the future.

“We are committed to transparency and keeping our shareholders informed of the exciting developments at Thumzup,” noted Robert Steele, Thumzup’s CEO. “This letter highlights our recent successes and strategic initiatives that position us for significant growth in the rapidly advancing social media advertising industry,” he added (https://ibn.fm/IvUVn).

Key highlights covered included a 230% advertiser base growth for the 2024 calendar year. This meant that Thumzup crossed the 600 active advertisers and plans to grow the numbers further in 2025. The company also successfully listed on the Nasdaq and upsized its public offering to $8.2 million. The milestones were primarily driven by the company’s unique value proposition, product differentiation, and its strong market positioning, since there aren’t many companies currently offering the same value in the U.S. market.

“Since our inception, Thumzup has been at the forefront of redefining the advertising landscape by empowering real consumer interactions on digital platforms. The core strengths of our business model have never been more robust,” noted Mr. Steele (https://ibn.fm/IvUVn).

Thumzup set out on an aggressive market expansion plan for 2024, having expanded to South Florida and Greater Los Angeles. The plan is to scale nationwide, reaching even more potential customers and growing its revenue. Its integrations also extended to Instagram Reels and X while also launching analytics tools based on customer feedback. In addition, following board approval in January 2025, the company approved a strategy to allocate up to 90% of liquid assets to Bitcoin (BTC). Currently, the company holds 19.106 BTC (https://ibn.fm/IvUVn).

Thumzup remains committed to growing shareholder value, with plans for 2025 market expansion, wider customer reach, and even more integrations, offering its unique value to businesses across the country. Management is increasingly optimistic about the future and confident that it will realize both short- and long-term objectives.

“We remain steadfast in our strategic execution and believe that those who invest alongside us for the long term will realize the full value of Thumzup’s future growth,” concluded Mr. Steele (https://ibn.fm/IvUVn).

For company information, visit www.ThumzupMedia.com.

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

SuperCom Ltd. (NASDAQ: SPCB) Adds Nordic European Country to Growing List of Recently Signed Contracts

  • Israel-based electronic monitoring (“EM”) tech developer SuperCom has developed technology and accompanying service deployment for a variety of industry sectors as governments worldwide seek EM solutions for public safety and identification
  • SuperCom’s secured Magna (TM) e-Government platform provides identification solutions both in traditional and biometric-based multi-ID cards for ensuring official enrollment, personalization and issuance needs are met
  • The company recently announced it has secured a new e-Government contract with a Nordic European country to provide highly secure e-Passport, National e-ID, and secured driving license card technology and services
  • SuperCom has served more than 50 government clients since its establishment in 1988 and continues to expand in Europe and the United States

Electronic monitoring (“EM”) technology developer SuperCom (NASDAQ: SPCB) is reporting a new contract for its e-government services amid the company’s expansion globally.

A country in Nordic Europe recently contracted with SuperCom for a multi-year use of its innovative digital identity solution that provides both traditional and biometric-based multi-identification cards with secure enrollment, personalization and issuance resources that meet European Union (“EU”) and International Civil Aviation Organization (“ICAO”) standards.

“As we continue our global expansion with our electronic monitoring technology, we are happy to see the persistent confidence government customers place in our wider array of proprietary technology solutions. In this case, our ability to issue EU and ICAO-compliant, highly secure e-Passport, National e-ID, and secured DL (driving license) cards,” SuperCom President and CEO Ordan Trabelsi stated (https://ibn.fm/71AJh). “This project further solidifies our position as a trusted provider of highly secure digital identity and monitoring solutions in Europe.”

According to the news release, SuperCom will develop, deliver and maintain a new national computerized system in conjunction with the contract. The system will integrate directly with existing IT infrastructure, and SuperCom will provide long-term system maintenance and support throughout the duration of the contract using its secured Magna (TM) e-Government platform.

In addition to SuperCom’s e-government contracts, the company serves the needs of the public safety industry including law enforcement authorities, and domestic violence prevention.

SuperCom’s focus on the latter, using all-in-one field-proven RFID & mobile technology with the company’s products, has garnered contracts with law enforcement agencies at a record pace in recent months for the protection of domestic violence victims. SuperCom has signed 20 new such contracts in the United States since last August. Six of the states where the new contracts have arisen are locations that haven’t seen SuperCom’s products before (https://ibn.fm/DWzY3).

Criminal justice officials worldwide have been adopting electronic monitoring solutions to help reduce the costs of incarceration, the degree of repeat offenses by previously arrested crime suspects, and the incidence of positive outcomes through continued social interaction, employment and schooling for those arrested on criminal charges.

SuperCom has a track record of more than 50 government customers served, monitoring more than 100,000 individuals.

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

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

RichSwap Launches: Transforming Bitcoin into a DeFi Powerhouse

Bitcoin, the world’s most trusted and decentralized cryptocurrency, now offers decentralized finance (“DeFi”) with the launch of RichSwap. Created by Omnity Network, RichSwap is designed to make Bitcoin trading faster, secure and easier for everyone.

What is RichSwap?

RichSwap is the first-ever platform ordering trades on Bitcoin directly without relying on bridges, custodians or off-chain software. This means that every order is secure, transparent and controlled entirely by the user.

For Bitcoiners this marks a significant leap forward. You no longer need to send your assets to a platform or worry about unverifiable risks. With RichSwap, everything happens directly on the blockchain and in your wallet.

How Does RichSwap Work?

Behind the scenes, RichSwap operates on a new toolkit called the Runes Exchange Environment (“REE”), also developed by Omnity Network. While the technical details are complex, here’s what you need to know:

  • No Middlemen: build BTC orders fast, signed and verifiable with blockchain accounting
  • Total Control: keep custody of your assets at all times, no need to deposit or withdraw
  • Fast Transactions: up to 100x faster than traditional Bitcoin transactions

Why Does This Matter?

Until now, Bitcoin’s design has made it difficult to use in DeFi like lending or staking. RichSwap changes that by making orders easy and secure without third-party risk. Developers can now build tools and apps for any use case, enabling borrowing, lending, staking and more directly on the world’s most trusted blockchain.

A Tool for Developers and Innovators

RichSwap is more than just a trading platform; it’s an open-source blueprint for developers. Developers can use the same code on REE to share liquidity pools, copy/paste templates, and experiment with DeFi, all on Bitcoin. A public testnet for experimentation will be available late this month.

What’s Next?

This week Omnity also supported the launch of Odin Fun and Blockminer Fun with their tech, yielding two more candidates for REE DeFi tooling. Over 2000 tokens launched in 1 week and 50 succeeded through a bonded curve fundraise on Odin. More RichSwap-compatible projects are created daily, and they all utilize Omnity tech without knowing it. With $11m volume and $2.5m total value locked (“TVL”) Omnity’s stats look promising as they reach the one year anniversary. Their multichain bridge links Bitcoin to Solana, Ethereum, Doge, Osmosis, and 15+ other flagship blockchains.


Omnity Network’s vision goes beyond RichSwap. With the launch of the Runes Exchange Environment, they aim to redefine how Bitcoin is used, making it a cornerstone of Bitcoin DeFi. Multichain bridge development will continue alongside the development of REE.

For a deeper dive into the technology behind RichSwap and REE, check out the full technical press release here.

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Ford Otosan Deploys Vehicle Manufacturing Application Built with D-Wave Quantum Inc.’s (NYSE: QBTS) Technology

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D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, announced that its technology is being deployed in a live manufacturing environment at Ford Otosan’s production facility in Turkey. The hybrid-quantum application is aimed at optimizing the manufacturing sequencing of Ford Transit vehicles, which are produced in thousands of different […]

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