GreenEnergyBreaks Archive - Page 36 of 95

MondayAug 21, 2023 11:29 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Milestone: First EV Mullen THREE Truck Rolls Off Assembly Line

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has reached a milestone: the company’s first production vehicle, the Mullen THREE, has rolled off the assembly line. The Class 3 EV truck is being manufactured at Mullen’s commercial vehicle assembly facility located in Tunica, Mississippi. According to the announcement, the company anticipates increasing the production rate of the Mullen THREE as the year progresses. The company noted that when full production has been achieved, Class 3 production at its Tunica facility should reach 3,000 vehicles annually per shift. Mullen plans to add a second shift for Class 3 production…

FridayAug 18, 2023 12:32 pm

GreenEnergyBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) ‘Strikingly Different’ Tour to Showcase Power, Performance and Possibilities of Its EVs

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that its 2023 Mullen “Strikingly Different” EV Tour kicks off this weekend, Aug 20-21, at Circuit of the Americas in Austin, Texas. The tour is slated to run until Nov. 15, 2023, covering the South, East Coast, Midwest, and West Coast before finishing up in California. During the 2023 tour, the public will have the opportunity to see, test drive and experience Mullen’s commercial and retail EVs and check out the latest electric vehicle technology the company has been working on, including AI-powered PERSONA, Mullen’s proprietary advanced facial…

ThursdayAug 17, 2023 1:14 pm

GreenEnergyBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Issues 100K Shares to Fulfill Mineral Property Option Agreement

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, has issued 100,000 common shares to fulfill its obligations to date outlined in a mineral property option agreement. According to the announcement, the issue of shares is in connection with the Sept. 1, 2021, agreement, which is between the company and Alex Pleson and which gives Reflex Advanced Materials the sole and exclusive right to acquire up to a 100% interest in the Zigzag lithium property. The ZigZag lithium property includes eight mining claims comprising an estimated 2,710 hectares near Crescent Lake, Ontario, a region known for…

ThursdayAug 17, 2023 12:53 pm

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Commencement of Stock Buyback Program

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the start of the company’s $25 million stock buyback program with the repurchase of 3.7 million shares of common stock for an aggregate of $3,626,000. The buyback program started on Aug. 16, 2023, and can continue through Dec. 31, 2023. Mullen’s chairman and CEO David Michery also purchased 102,040 shares in the open market on Aug. 16, 2023, at a price of $0.9842 per share. The company is committed to taking all available measures to regain compliance with the NASDAQ minimum $1.00 bid price requirement. “We believe that…

WednesdayAug 16, 2023 3:20 pm

GreenEnergyBreaks – Astra Energy Inc. (ASRE) CEO Eyes Capitalization on Business Opportunities, Influx of Deals in Letter to Shareholders

Astra Energy (OTCQB: ASRE) today issued a letter to its shareholders from the company’s CEO and Chairman Ron Loudoun that discussed the first half of 2023, the company’s business momentum and expected continued progress. “The overall timing for the clean and renewable energy sector as well as for the company could not be better. The demand for solutions has never been greater. The business case for each respective technology will support broad market adoption. Further, both the Zanzibar and Tanzanian projects have gained support and commitments from local officials as well as the U.S. Chamber of Commerce. Studies, reports, engineering…

WednesdayAug 16, 2023 10:35 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Unveils Ultra-High-Performance FIVE RS Crossover

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, announced its newest mode: the ultra-high-performance Mullen FIVE RS EV Crossover. According to the announcement, the newest addition to MULN’s offerings features a top speed of more than 200 mph and can accelerate from 0–60 mph in under two seconds. The FIVE RS is equipped with 800-volt architecture, all-wheel drive, a two-speed gearbox and more than 1,100 horsepower. MULN is planning to showcase the model at this season’s kickoff of its Strikingly Different EV tour, which begins on Aug. 20, 2023, in Austin, Texas. The company noted that because of…

TuesdayAug 15, 2023 12:48 pm

GreenEnergyBreaks – Correlate Energy Corp. (CIPI) Announces Strong Q2 Results, Eyes Growing Momentum

Correlate (OTCQB: CIPI), a growth-oriented distributed energy company, has announced financial results for the second quarter ended June 30, 2023. Among the highlights, the company reported that it achieved revenue of $4,158,122 in Q2 2023 compared to $236,690 for the same quarter last year. Correlate believes that demand for renewables will continue to grow exponentially and that the need for localized energy systems that can operate independently or in connection with the main power infrastructure, such as microgrids, will play a pivotal role in facilitating the ongoing transition to renewable energy in the United States. “Correlate Energy Corp. is led…

MondayAug 14, 2023 1:39 pm

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Fiscal Q3 Results, Business Update

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced financial results for its fiscal third quarter for the three and nine months ended June 30, 2023, and provided recent business updates. Among the highlights, the company’s board of directors has authorized a stock buyback program, pursuant to which the company may, until Dec. 31, 2023, purchase up to $25 million in shares of its outstanding common stock. Mullen ended fiscal third quarter on June 30, 2023, with stockholders’ equity of $351.8 million, compared to $157.0 million on Sept 30, 2022, which represents a 124% increase. In addition,…

ThursdayAug 10, 2023 1:20 pm

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Commences Class 3 Vehicle Production at Tunica Facility

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the start of vehicle production at its Tunica, Mississippi, assembly plant for the Mullen THREE, Class 3 EV truck with first customer deliveries on track to begin in August and September. According to the update, the company will be gradually ramping up the production rate over the course of September through December, with Class 3 production capacity at the Tunica facility currently planned for 3,000 Class 3 vehicles per year. To date, Mullen has received $79 million in purchase orders for 1,250 Mullen THREE, Class 3 EV trucks…

ThursdayAug 10, 2023 12:29 pm

GreenEnergyBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Reports on Ruby Graphite Summer Core Drilling Program

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, has engaged Falcon Drilling Corp. to execute the planned summer 2023 initial drill program at the Ruby Graphite project, which is slated to begin on Aug. 16, 2023. Based in Nevada, Falcon Drilling is a reputable drilling company with more than 35 years of experience in the industry. The company provides drill equipment and highly trained drill crews as well as rapid access to supplies and mobilization services to even remote of locations. According to the announcement, the program will include diamond core drilling of at least…

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