It was a proud moment for Tecogen (TGEN – $3.77) representatives when they presented a paper at the prestigious SAE World Congress earlier this week. After all, when a provider of clean energy products is invited to present a paper on a platform as big as the SAE, it speaks volumes about the kind of research the Company is undertaking to eliminate criteria pollutants and significantly reduce the carbon footprint of engines.
SAE is a U.S.-based, globally active professional association and standards developing organization for engineering professionals in various industries. The organization has more than 127,000 engineers globally. Principal emphasis is placed on transport industries such as automotive, aerospace, and commercial vehicles.
The paper, entitled “Development and Testing of the Ultera® Dual Stage Catalyst System on Gasoline-Fueled Light Duty Vehicles”, was a compilation of the results achieved in Phase I and Phase 2 of the Ultera tests on automobile engines conducted in 2016. It was presented by Prof. Ahmed Ghoniem, Ronald C. Crane Chair Professor of Mechanical Engineering at MIT and Tecogen Board member. [click to continue…]
Globex Mining Enterprises (TSX: GMX – $0.54 & OTCQX: GLBXF – $0.41 & Fra: G1MN – €0.37), a project generator that owns a well-diversified portfolio of North American mid-stage exploration, development and royalty properties, completed a high resolution helicopter borne magnetic survey on its 100% owned Ontario Lake property, located near the village of St-Urbain, a historic iron-titanium mining camp in Quebec, Ontario.
The survey covered the entire Ontario Lake property of about 2,202 ha with the objective of locating areas of higher magnetic signatures which may indicate the presence of ilmenite. Although ilmenite itself isn’t magnetic, samples display mild magnetism. This is probably caused by magnetite associated with the ilmenite.
Ilmenite is an ore of titanium dioxide (TiO2), which is used in paints, fabrics, plastics, paper, sunscreen, toothpaste as well as certain foods and cosmetics. Currently, TiO2 pigment is priced at around US$4,000 per tonne. Prices are expected to rise, as major TiO2 pigment manufacturers, such as Huntsman Corp., Kronos, Tronox and Crystal have already informed their customers about additional price hikes in 2017.
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EnWave Corporation (TSXV:ENW – $1.01 CAD & OTC:NWVCF – $0.77 USD & Frankfurt:E4U – €0.70) has signed a Commercial Royalty-bearing License with Bare Foods Co., a leading US healthy snack food company.
The past few months Bare Foods conducted extensive test work at EnWave’s facility in Vancouver. Convinced of the merits of EnWave’s technology, Bare entered into the License and will potentially purchase a smaller scale commercial Radiant Energy Vacuum (REV) machine. If that’s the case, the dryer may potentially be delivered later this year, to initiate first commercial production late 2017.
Bare Foods Co. produces fruit snacks under the Bare Snacks brand name. The company was founded in 2001 with the goal to create simple, real-food snacks. Today, Bare Foods is based in San Francisco, California and produces baked fruit chips, including apple chips, coconut chips, and banana chips. [click to continue…]
Osisko Mining (TSX : OSK), the well-known Canadian mineral exploration company, has acquired through staking a significant land position in the Abibiti Greenstone Belt of Quebec. The staked area is comprised of 2942 claims totalling 157,000 hectares (157 sq. km).
Very interesting to know is that Globex’ (TSX: GMX – $0.55 & OTCQX: GLBXF – $0.40 & Fra: G1MN – €0.37) 100% owned Tonnancour project lies in the middle of Osisko’s newly staked claims.
In 2011, Globex carried out a diamond drill program on the property consisting of 27 drill holes totaling an aggregate of 3,100 metres. A portion of the drill program was devoted to an area with historical indications of copper, zinc, gold and silver mineralization. Significant base and precious metal mineralization was discovered with some holes returned exceptional values. [click to continue…]
ZoomAway Travel Inc. (TSXV: ZMA – $0.14 CAD & OTC: ZMWYF – $0.11 USD & Frankfurt: 4ZO – €0.09) is constantly adding new clients in key geographical locations, such as Las Vegas, Northern California’s Coastal regions, and in the Pacific Northwest.
In the past few months the Company has added its “White Label” technology reservation solution at the Eldorado Resort Casino, the Silver Legacy Resort Casino, and the Circus Circus Hotel Casino in Reno, Nevada. All three properties are owned by NASDAQ listed Eldorado Resorts.
In October 2016, the Company announced that its White Label technology booking solution was launched at the Poppy Hills golf course in Pebble Beach, California. [click to continue…]
Tecogen (TGEN – $3.73), which designs, manufactures and installs industrial and commercial cogeneration systems, reported a positive net income for the second quarter in a row.
During the fourth quarter, ended December 31, 2016 sales reached a record $7,111,108 up 66.2% compared to sales of $4,279,350 in the fourth quarter last year. Similar to the third quarter of 2016, the Company achieved profitability in the fourth quarter, delivering $4,556 in net income for the period, compared to a net loss of $826,228 in the fourth quarter 2015.
Most of the product revenue in the quarter was in cogeneration sales with key repeat customers. The Company also saw impressive growth in [click to continue…]
The Chibougamau mining camp, owned by Chibougamau Independent Mines Inc. (TSX-V: CBG), consists of several distinct project sites, which are located within the Abitibi, approximately 15 kilometers from the town of Chibougamau, in Quebec, Canada.
The camp, which totals 10,349 hectares, includes five former mines, two unmined deposits (one copper-gold, one zinc-gold-silver) the down dip of three former sizable producers and a large exploration position, which includes numerous under explored drill intersections of copper and/or gold.
In 2012, Globex Mining Enterprises (TSX: GMX – $0.54 & OTCQX: GLBXF – $0.39 & Fra: G1MN – €0.39), a successful project generator that owns a well-diversified portfolio of North American mid-stage exploration, development and royalty properties, spun out 100% of the Chibougamau assets in return for a 3% Gross Metal Royalty. [click to continue…]