GreenEnergyBreaks Archive - Page 39 of 95

ThursdayJul 06, 2023 3:39 pm

GreenEnergyBreaks – Correlate Infrastructure Partners Inc. (CIPI), eDGe Renewable Partners Enter JV Designed to Accelerate Microgrid Development

Correlate Infrastructure Partners (OTCQB: CIPI) has entered into a joint venture (“JV”) agreement with eDGe Renewable Partners, a trusted financial manager that partners with renewable energy entrepreneurs to ensure their businesses are well capitalized, sustainable and ready for exponential growth. Called the Distributed Energy Capital agreement, the JV outlines a 50/50 partnership with initial financing targets up to $100 million and focuses on the development of solar energy projects dedicated to distributed energy initiatives and microgrids around the country. The announcement noted that Correlate is “immensely excited” about the opportunity to collaborate with eDGe to establish a nondilutive project finance platform…

WednesdayJul 05, 2023 11:28 am

GreenEnergyBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Retains Law Firm to Actively Investigate, Combat Naked Short Selling Activities

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that it has retained Christian Attar, formally known as Christian Levine Law Group, and in partnership with Warshaw, Burstein, LLP, to combat naked short selling activities. Based on reports from ShareIntel, Mullen believes it may have been the target of a market manipulation scheme involving illegal naked short selling of its common stock and has decided to investigate and expose any potential wrongdoing. According to various publicly disclosed sources, Christian Attar, in partnership with Warshaw Burstein, LLP, have successfully prosecuted and collected millions of dollars in aggregate damages…

WednesdayJul 05, 2023 10:51 am

GreenEnergyBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Affirms Exceptional Quality of Graphite Material at Ruby Property

Reflex (CSE:RFLX) (OTCQB: RFLXF) (FSE: HF2) today announced that purities of 99.999% graphitic carbon (“Cg”) were obtained from preliminary metallurgical studies testing the purification of the material sourced from its flagship Ruby Graphite Project located near Dillon, Montana, USA. According to the update, graphite concentrations of 99.999% Cg purity were achieved solely using a conventional thermal purification process. “Today marks another major milestone for Reflex. The achievement of 99.999% Cg from purification testing - without any optimization - only reaffirms our belief in the exceptional quality of the graphite material hosted on our Ruby property,” said Reflex CEO Paul Gorman.…

ThursdayJun 29, 2023 10:36 am

GreenEnergyBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports Sale of EV Cargo Vans to Partner Automotive Group

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has sold 22 EV cargo vans to the Randy Marion Automotive Group, the company’s authorized distributor of commercial EVs in the United States. The sale marks the company’s first revenue, which will be reported in the next quarterly report, for the period ending June 30, 2023. Revenue from the sales will total $308,000. The company is reporting that the vans will start shipping today from Mullen’s Mississippi-based assembly plant to Randy Marion Automotive Group in North Carolina. The announcement also noted that Mullen is currently “in process” with six campus…

WednesdayJun 28, 2023 11:56 am

GreenEnergyBreaks – EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Receives $15M Funding from Clean Fuels Fund

EverGen (TSX.V: EVGN) (OTCQX: EVGIF), Canada’s renewable natural gas (“RNG”) infrastructure platform, has been awarded $10.5 million from Natural Resources Canada’s (“NRCan”) Clean Fuels Fund. The funding will support the development of the company’s Renewable Natural Gas (“RNG”) expansion at its Pacific Coast Renewables (“PCR”) facility. The Clean Fuels Fund is a program developed by the Canadian government to support the growth of the domestic clean fuels industry, thereby reducing Canada's greenhouse gas emissions. According to the announcement, the Pacific Coast Renewables RNG expansion project is now fully funded. The company stated that the facility expansion, which is designed to…

TuesdayJun 27, 2023 11:41 am

GreenEnergyBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) Series D Holders Exercise Final $100M Investment Option

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that on June 23, 2023, its Series D investors exercised their final option, expiring June 30, 2023, for $100 million. The move resulted in additional funding of $100 million to the company. Mullen now has more than $235 million in cash and cash equivalents on its balance sheet, which is after expending $253 million-plus for two completed acquisitions that added valuable, unencumbered assets for the majority ownership in Bollinger Motors and certain assets related to Electric Last Mile Solutions (“ELMS”). “We are in the best financial position in…

MondayJun 26, 2023 10:56 am

GreenEnergyBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Contracts with CGI for Initial Drill Program, Reprices Warrants

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, has engaged Childs Geoscience Inc. (“CGI”) to manage the initial drill program at its Ruby Graphite Deposit, located in Beaverhead County, Montana. According to the announcement, Reflex anticipates the program to begin later this month. The program will consist of at least 3,500 meters of diamond core drilling. In addition, CGI will also move forward with other geological studies at the project, including geophysical surveys and outcrop inspection and sampling; the company will also prepare key technical reports. CGI offers skilled, competent personnel ranging from field technicians and…

ThursdayJun 22, 2023 3:57 pm

GreenEnergyBreaks – Astra Energy Inc. (ASRE) Announces MOU to Develop 350-MW Power Plant in Mainland Tanzania

Astra Energy (OTCQB: ASRE) has announced that its subsidiary Astra Energy Tanzania Limited has executed a memorandum of understanding (“MOU”) with the Tanzania Electric Supply Company (“TANESCO”) to develop a 350-megawatt (“MW”) combined cycle power plant in mainland Tanzania. As with the previously announced 50 MW Clean and Renewable Energy Park Project at Kibele Landfill in Zanzibar, Astra intends to own and operate the 350 MW project as an independent power producer, selling the power to TANESCO. The combined projects have the potential to generate significant recurring revenues for the company, with a potential projected gross revenue stream of an…

ThursdayJun 22, 2023 11:07 am

GreenEnergyBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Closes First $3.5M Tranche of Non-Brokered Private Placement

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, yesterday announced its completion of the first tranche of its $7,500,000 non-brokered private placement, issuing 53,870,699 units, each at a price of $0.065, for gross proceeds of $3,501,595. “We are extremely pleased with closing the first $3,500,000 tranche of our active $7,500,000 financing,” said Ian Clifford, CEO and board chair of FuelPositive. “We are grateful to our existing shareholders for their ongoing support and welcome many new strategic investors who share FuelPositive’s values and goals. This is an important financial milestone that provides the necessary runway to reach several major…

WednesdayJun 21, 2023 3:06 pm

GreenEnergyBreaks – Correlate Infrastructure Partners Inc. (CIPI) Raises $2.5M in New Funding, Expands Team to Add Seasoned Professionals

Correlate Infrastructure Partners (OTCQB: CIPI), a growth-oriented distributed energy company, today announced that it has raised over $2.5 million in new funding from investors in fiscal year 2023 from a private placement of a secured convertible note offering. The company intends to use the net proceeds to ramp up its project fulfillment capabilities and for working capital purposes. In addition, Correlate announced the hiring of two seasoned professionals to its senior management team, enhancing the company's leadership capabilities and expertise. Roger Baum, an accomplished construction industry veteran, has joined Correlate as the EVP of Operations. Jed Freedlander, with a background…

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