Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Advances Exploration Program, Closes Private Placement

 

• The Canadian Shield hosts numerous nickel, copper, gold, and platinum group metals
• Fathom targets high-grade nickel sulfide discoveries for use in EV and green energy markets
• Fathom operates the Albert Lake Project and the Gochager Lake Project, both located in Saskatchewan’s Trans Hudson Corridor
• Favorable results revealed from recent drilling at the Albert Lake Project
• Company recently closed the second and final tranche of its non-brokered offering, total gross proceeds totaled $4,571,063 when combined with the first tranche

The Canadian Shield’s rich mineral endowment presents abundant mining exploration and drilling opportunities. Covering a significant portion of Canada, this vast geological region hosts numerous nickel, copper, gold, and platinum group metals – both known and waiting to be discovered.

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) is an energy metals exploration company targeting high-grade nickel sulfide discoveries for use in the rapidly expanding electric vehicle and green energy markets. Headquartered in Calgary, Alberta, FNICF operates the Albert Lake Project and the Gochager Lake Project, both located in Saskatchewan’s Trans Hudson Corridor.

The company commenced drilling at its fully permitted Albert Lake Project in early February 2024 and anticipates moving to its Gochager Lake Project in March.  There is a wide variety of data-driven and drill-ready targets at each project that will be drilled. Some targets are brand new while others are returning to previous targets with new knowledge on how to approach them. Time domain electromagnetic (“TDEM”), Borehole electromagnetic (“BHEM”) geophysical data, geochemical anomalies, as well as knowledge about subsurface structural controls have all gone into developing the drill targets for this year and Fathom is excited for the potential of what may be unearthed.

The Rottenstone Mine produced high-grade nickel, copper, and platinum group elements (“PGE”) from 1965 to 1969. Output at the mine reached impressive levels at 3.28% for nickel, 1.83% for copper, and PGE at 9.63 grams per ton, highlighting the area’s rich mineralization and potential for further development.

Albert Lake is a nickel sulfide deposit – a strategic focus for Fathom. Unlike limonite ore and saprolite ore, class 1 nickel sulfide is a preferred component in EV batteries, stainless steel, aerospace components, chemical processing equipment, electrical resistance wires, and turbine engines.

Investor interest appears bullish on Fathom’s prospects. The company recently announced that it closed the second and final tranche of its non-brokered offering, comprised of flow-through and non-flow-though (“NFT”) units. Total gross proceeds from the offering totaled $4,571,063 when combined with the first tranche that closed on December 22, 2023 (https://nnw.fm/nwdlg). The company intends to use the net proceeds from the NFT Units for exploration, development, working capital, and general corporate purposes.

Fathom’s seasoned management team leverages extensive experience in the mining and exploration sectors. CEO, VP of Exploration, and Co-Founder Ian Fraser brings over 35 years of expertise with notable contributions to the development of significant gold mines such as Casa Berardi, Komis, and Cisneros. Doug Porter serves as President, CFO, and Director at Fathom, bringing extensive financial and managerial experience from roles held at prominent resource companies like Elan Coal Limited, Altitude Resources Limited, and StimWrx Oilfield Services Limited.

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

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

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Turbo Energy (NASDAQ: TURB) Aligned with Rising EU and U.S. Renewable Energy Targets

 

• EU raised 2030 binding renewable energy target to a minimum of 42.5%, aims to become climate-neutral by 2050
• U.S. set goal of 100% clean energy by 2035
• TURB aligned with renewable energy shift with Sunbox Home and Sunbox Industry
• TURB’s all-in-one systems leverage AI to improve efficiency, prevent price shocks, and maximize cost savings
• Turbo Community allows members with large PV installations to gain ownership of production, store extra power, and sell energy to market

The European Union recently raised its 2030 binding renewable target to a minimum of 42.5% with the aim of reaching 45% and becoming a climate-neutral continent by 2050 (https://nnw.fm/anKT2). Across the Atlantic, the United States has set an even more ambitious goal of 100% clean energy by 2035 (https://nnw.fm/fwBQ8).

Turbo Energy (NASDAQ: TURB), a photovoltaic energy company based in Spain, is strongly positioned to capitalize on the growing trend with its comprehensive range of patented energy storage and management solutions. By aligning its products and services with the evolving regulatory landscape, TURB aims to meet the growing needs of residential and commercial consumers while advancing the green transition.

TURB’s Sunbox Home is an AI-powered all-in-one energy storage system that manages consumption at each point on a home’s energy grid to maximize efficiency and cost savings (https://nnw.fm/XXxHq). The battery optimizes energy management by strategically releasing stored energy during peak benefit periods while drawing back from the grid when electricity costs are low, ensuring efficient fulfillment. The system integrates electric vehicle charging capabilities with versatile modes, allowing consumers to charge at maximum speed, cost savings, or sustainably harnessing energy solely from the sun.

Sunbox’s protection modes safeguard consumers against price shocks through four customizable management modes. The Smart Mode leverages AI to strike a perfect balance between power consumption and savings on electricity bills. The system’s BackUp Mode allows users to designate a portion of the battery for blackout protection, ensuring system reliability. In Peak Shaving mode, users can reduce power bill costs by specifying which part of the storage delivers energy during overconsumption periods. Lastly, Sunbox’s Storm Protect mode activates an intelligent protection system that fully charges batteries in anticipation of upcoming storms based on weather forecast data.

TURB’s Sunbox Industry provides reliable energy generation and management for commercial businesses (https://nnw.fm/idjQS). The system connects directly to rooftop panels and can be expanded with TURB’s Retrofit feature to leverage solar surpluses. With management modes like Sunbox Home, Sunbox Industry enables businesses to maximize power during outages, ensuring system efficiency and round-the-clock reliability. 

Turbo Energy goes beyond pioneering innovative energy systems that align with the global shift towards renewable energy. The company additionally empowers its clients to become part of the energy revolution through its Turbo Community (https://nnw.fm/8pp65). 

The Turbo Community enables users with large photovoltaic installations to gain ownership of their energy production by storing extra power for later use or selling it to the market as producers. Additionally, Turbo Energy provides opportunities to rent or finance solar energy systems, enabling users to access clean energy without significant upfront investment, maintenance issues, or installation concerns.

From its innovative products and services to its growing client network, Turbo Energy is dedicated to advancing the green transition. Led by a team with decades of technological, financial, and sales experience, the company is committed to a cleaner future amid the global push for renewable energy resources.

For more information, visit the company’s website at www.Turbo-e.com.

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

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.

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Freight Technologies Inc.’s (NASDAQ: FRGT) Fr8App Selected by Leading Packaging Company to Manage Cross-Border Shipping

 

• Freight Technologies recently announced a significant collaboration with Envases Universales, one of the world’s largest packaging companies
• The collaboration, anchored in a contract estimated to be valued at over $5 million, is intended to help manage Envases’ transportation needs over the next year
• According to Fr8Tech, the contract demonstrates Fr8App’s commitment to delivering exceptional transportation services as well as its ability to meet the evolving needs of its clients
• The collaboration with Envases Universales follows a Jan. 2024 contract with Kawasaki Motores de Mexico for cross-border logistics services

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a technology company, recently announced that its custom-developed, industry-leading Fr8App freight matching platform has been selected by Envases Universales, one of the world’s largest packaging companies, to help manage Envases’ transportation needs over the next 12 months. According to the company, Fr8App was awarded 24 dedicated routes, mostly from Mexico to the U.S., through Envases’ annual 2024 request for quotation (“RFQ”) (https://nnw.fm/bOnlx).

Powered by artificial intelligence (“AI”), machine learning, and cloud computing, the F8App freight-matching platform offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region. It seamlessly connects shippers with an extensive network of carriers and drivers, ensuring reliable and efficient transportation of cargo and optimizing logistics. Moreover, Fr8App uses innovative technology and solutions like live pricing, real-time tracking, fleet management, transportation management, digital freight marketplace, broker, and committed capacity planning to improve matching and operation efficiency.

According to the Feb. 26 news release announcing the significant collaboration with Envases, the awards, estimated to be worth more than $5 million, demonstrate Fr8App’s commitment to delivering exceptional transportation services as well as its ability to meet the ever-changing needs of its clients. Moreover, they underline Fr8App’s expansive network and ability to manage cross-border logistics efficiently. Over the next year, Fr8App will oversee the transportation of over 1,600 loads, ensuring that Envases Universales’ goods are delivered securely and in a timely fashion.

“We are thrilled to have been chosen by Envases Universales to help manage their transportation needs over the coming year,” conveyed Fr8App’s CEO Javier Selgas. “This collaboration not only speaks to our capabilities but also to the trust Envases Universales has in our ability to deliver exceptional service. It also highlights the importance of tactical collaboration between the companies in driving profitable growth and achieving excellence in dependable and efficient logistics execution.”

Fr8Tech nevertheless pointed out that the value of the awarded routes may change based on the needs of Envases Universales, as influenced by the customer demand, or the production output. The company, however, believes the likelihood of Envases Universales experiencing lower-than-expected customer demand or production levels – which may lead to adjustments to the number of awarded routes – is low. Fr8Tech bases this low-probability outcome on Envases Universales’ market leadership in the packaging industry.

Envases Universales is a leading global supplier of quality packaging solutions. The company specializes in the manufacture and supply of aluminum beverage packaging, PET packaging, and food and industrial packaging. It is comprised of 84 manufacturing facilities across the world (https://nnw.fm/23F9F).

The collaboration with Envases Universales follows the materialization of a contract that Fr8Tech entered with Kawasaki Motores de Mexico, a division of Kawasaki Heavy Industries, Ltd., for cross-border logistics services. Announced Jan. 16, the contract will see Fr8App orchestrate the cross-border logistics for Kawasaki’s iconic Jet Ski models (https://nnw.fm/Unep7).

“At Freight Technologies, we take immense pride not only in what we do but also in being chosen by global industries to revolutionize cross-border logistics. This contract with Kawasaki Motores de Mexico is a testament to our commitment to delivering cutting-edge solutions to a variety of industries,” said Selgas of the collaboration.

For more information, visit the company’s website at www.Fr8Technologies.com and its freight matching platform information site at www.Fr8.App.

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

Corporate Communications
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About NetworkNewsWire

NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.

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