Proactive - Interviews for investors

Pantoro Ltd (ASX:PNR) managing director Paul Cmrlec sits down with Proactive’s Jonathan Jackson to chat about the increase of its institutional placement by 13.64% to $100 million due to high demand from new and existing, domestic and international institutional investors.

This financial backing will support Pantoro's growth initiatives, including the development of the Scotia Underground Mine at the Norseman Project in Western Australia. Originally planned at $88 million, the increase will specifically help restructure the company's balance sheet and accelerate growth operations at the Norseman Project.

The raised funds will be used to close out a US$29.6 million Term Loan Facility with Nebari Partners LLC, saving approximately A$18.5 million in principal and interest payments during FY25.

Additionally, the funds will support accelerated exploration and drilling to establish a third high-grade underground mine and commence studies for the Norseman Mainfield's mining reactivation. This site historically produced about 3 million ounces and was among Australia’s highest-grade goldfields.

Development at the Scotia Underground Mine is advancing, with significant progress in site integration and operational efficiencies. This development is poised to make the Scotia mine the primary ore source by end of 2024.

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Cepton, Inc. Chief Commercial Officer Mitch Hourtienne joined Steve Darling from Proactive to revealed a significant milestone as the company finalized an Engineering Services Agreement with KOITO MANUFACTURING, a renowned automotive Tier 1 partner and existing shareholder. With a legacy dating back to 1915, KOITO is a global leader in automotive lighting, boasting a network of 30 companies across 13 countries.

Under the agreement, KOITO will extend $10 million in engineering services to Cepton to bolster the development and execution of a major global OEM program. This collaboration will primarily focus on advancing Cepton's near-range lidar technology, essential for Level 4 autonomous driving capabilities in various on-road and off-road scenarios.

The partnership underscores Cepton's commitment to delivering cutting-edge solutions in the autonomous driving space, leveraging KOITO's expertise and resources to accelerate product development and meet the evolving needs of OEM customers worldwide.

#proactiveinvestors #ceptoninc #nasdaq #cptn #lidar #atuomotive

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ARway.ai Chief Product Officer Shadnam Khan joined Steve Darling from Proactive to announce announced the launch of ARway V3.1, a significant update to its spatial computing platform. The update brings major enhancements to augmented reality (AR) navigation and immersive experiences, including improvements in range and accuracy across large venues and faster deployment of AR indoor navigation.

Khan expressed confidence that these enhancements will drive additional revenue and global deployments for ARway.ai. With over 5000 total accounts, 5400 maps created, and 60 pilots and trials, ARway.ai is experiencing increasing demand worldwide across various industries seeking to leverage its AR and spatial computing technology.

Key features of ARway V3.1 include expanded AR tracking and navigation range, mini-map navigation, network failure backup, and upgrades to the web Studio 3D Map user experience. These improvements aim to provide users with more seamless and immersive AR experiences while navigating indoor spaces.

#proactiveinvestors #cse #NTAR #otcqb #metaverse #toggle3D

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SRIVARU Holdings CEO Mohan Ramasamy joined Steve Darling from Proactive to share news the company has announced that it has successfully completed the internal testing of its PRANA 2.0 electric motorcycle, resulting in a full production model being submitted for final certification by applicable road and safety authorities. Additionally, the Company reports that its complete supply network is in place for production of the PRANA 2.0 upon final certification.

Ramasamy told Proactive completion of the production version of Prana 2.0 marks a major milestone for SRIVARU. Following successful internal testing this news model boasts several notable features, including an expected 20% longer driving range compared to its predecessor. As a result, the PRANA 2.0 model can cover a distance of up to 250km on a single charge. The new model also includes extended battery life with components from BYD, and advanced motor technology adopted from aerospace applications.

These improvements are part of SRIVARU's strategy to ensure product reliability and efficiency. Prana 2.0 is expected to reach consumers as early as the next month. Ramasamy draws from his Tesla experience and the semiconductor industry's scale for future product development and company expansion strategies.

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#MohanrajRamasamy, #ElectricMotorcycles, #EVIndia, #PranaMotorcycle, #SustainableTransport, #ElectricVehicle, #TeslaAlumni, #BatteryTechnology, #MotorcycleInnovation, #EVMarket, #CleanEnergy, #Prana2.0, #ElectricBike, #MotorcycleTechnology, #AdvancedMotorcycles, #EnvironmentalImpact, #BYDBatteries, #EngineeringExcellence, #StartupGrowth

#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

EuroPacific Metals CEO Karim Rayani joined Steve Darling from Proactive to announce the completion of the initial two drill holes as part of the 2024 exploration drill program at the Miguel Vacas mine area in Portugal.

The first hole, located near the southern limit of the old open pit, intercepted a broad broken mineralized interval with copper secondary minerals associated with a 28-meter wide polyphase breccia/shear zone.

The second hole, situated about 30 meters from the northern limit of the pit, revealed an 18-meter wide mineralized zone not previously identified by drilling, confirming the presence of a NW-SE fault and opening new potential for extension to the North. The ongoing progress includes the drilling of the third hole and dispatching core samples for assays, marking significant advancements in uncovering new mineralized zones and expansion opportunities.

#proactiveinvestors #europacificmetalsinc #tsxv #otcqb #auccf #miguelvacasmine

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First Phosphate Corp CEO John Passalacqua joined Steve Darling from Proactive to announce the results from 29 additional drill holes at the Bégin-Lamarche project in Quebec. The company's drill program, totaling 25,929 meters, was completed ahead of schedule, with 4,557 assays received to date and 1,775 assays expected by May's end.

Passalacqua highlighted the progress, noting that 23 drill holes have been completed in the Phosphate Mountain Zone, with results from 14 holes showing grades exceeding 10% P2O5 over widths ranging from 7 to 92 meters. Notably, drill hole BL-24-67 intersected 11.85% P2O5 over 84.0 meters from a surface depth of 3.0 meters, indicating significant phosphate mineralization in the area.

Additionally, Passalacqua discussed drilling in the Southern Zone, where continuous widths of over 100 meters of phosphate mineralization have been observed. Drill hole BL-24-60 intersected 5.21% P2O5 over 194.0 meters from the surface, while drill hole BL-24-83 intersected 5.81% P2O5 over 216.1 meters, further confirming the project's potential.

#proactiveinvestors #firstphosphatecorp #phosphate #BéginLamarcheproject #CEOInterview #CompanyUpdate #StrategicGrowth

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Ocean Power Technologies CEO Philipp Stratmann joined Steve Darling from Proactive to reveal the company's recent achievement in successfully demonstrating a Counter Unmanned Underwater Vehicle capability using its Wave Adaptive Modular Vessel. These demonstrations, conducted at prominent events like the Navy League’s Sea Air Space Exhibition and the Association for Uncrewed Vehicle Systems International’s Pacific Pivot Event, highlighted the effectiveness of detecting various underwater threats, including singular and swarming micro Autonomous Underwater Vehicles.

Stratmann emphasized the significance of these field demonstrations, noting that the results will also be presented at the International Mine Warfare Technology Symposium in San Diego. This demonstration underscores OPT's ability to offer a cost-effective commercial off-the-shelf solution with its Uncrewed Surface Vehicles, aligning with the mission objectives of the Department of Defense’s Replicator Initiative.

#proactiveinvestors #oceanpowertechnologiesinc #nyseamerican #optt

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CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF) executive chairman Dt Steve Kesler discusses results from the company's Direct Lithium Extraction (DLE) pilot plant in Chile, emphasising its effectiveness in purifying and concentrating lithium from brine, which contains other elements like calcium and magnesium.

Kesler explained that the process increases lithium concentration from around 200 parts per million to over 2,000 parts per million through reverse osmosis. This purified lithium chloride solution is then processed further to produce battery-grade lithium carbonate, demonstrating capabilities beyond initial design expectations.

Kesler also mentioned partnerships with third-party processors in Chicago to advance production capabilities and stressed the sustainability of the extraction method, which uses renewable energy and minimal water. This approach positions CleanTech Lithium favourably to attract potential partners and off-takers, focusing on sustainable and high-quality lithium production for the battery industry.

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The Bitcoin market began the week on a positive note but experienced a decline early on Tuesday, with the BTC/USD pair dropping by 2% to approximately $61,650. ETC Group notes a lack of new positive catalysts for Bitcoin as the summer season approaches, which is generally quieter. However, there is growing interest in the exchange-traded fund (ETF) sector.

In particular, BlackRock's iShares Bitcoin ETF (IBIT) is nearing the size of the Grayscale Bitcoin Trust (GBTC), previously the leading Bitcoin fund in the market.

#ProactiveInvestors #Bitcoin, #BTCUSD, #Ethereum, #Altcoins, #Cryptocurrency, #CryptoMarket, #BlackRock, #IBIT, #GBTC, #BitcoinETF, #ETCGroup, #Fidelity, #VanEck, #WisdomTree, #CryptoInvestment, #CryptoNews, #CryptoUpdate, #BitcoinDominance, #FinancialMarkets, #CryptoTrends #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Thor Energy PLC managing director Nicole Galloway Warland joined Proactive's Stephen Gunnion with more details on a A$1.3 million share placing, targeted at investment in its uranium and copper projects in the United States and Australia.

Galloway Warland noted strong support from both existing and new shareholders, reflecting confidence in the company’s growth potential. The expanded shareholder base now includes new institutional investors. Additionally, company directors, including Galloway Warland and chairman Alastair Clayton, have increased their investments, contingent on shareholder approval, further demonstrating their belief in the company’s prospects.

The funds will primarily facilitate the next stages of exploration and drilling at several key sites, including Wedding Bell at Radium Mountain and Vanadium King in the US, as well as advancing its copper assets in Australia. With uranium prices currently favourable, the company sees this as an optimal time to accelerate their projects, particularly given the increased activity in the uranium and vanadium sectors.

In Australia, the focus is on gaining approvals for in-situ recovery methods and conducting pump testing to evaluate the environmental and cost implications, aligning with ESG principles.

#ThorEnergy, #NicoleGallowayWarland, #UraniumInvestment, #CopperMining, #ESGMining, #SharePlacing, #UraniumPrices, #MiningExploration, #EnergyMetals, #InstitutionalInvestors, #ShareholderInvestment, #MiningAustralia, #MiningUSA, #ThorEnergyUpdates, #ResourceDevelopment, #DrillingUpdates, #EnvironmentalMining, #InvestorConfidence, #MiningIndustry, #ThorEnergyProgress #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews