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Kidoz Generates $USD 1.79 Million In Q1 24 Revenue, Record Revenue Expected In ’24

Posted by Brittany McNabb at 4:44 PM on Thursday, May 30th, 2024

If you believe in the future of digital advertising and you should because 50% of TV advertising has shifted to digital and continues to accelerate, then you are going to love discovering Kidoz who is the absolute leader in child safe mobile advertising.   

Offering a secure platform for brands to engage with their target audience. This innovative approach has not only propelled Kidoz to the forefront of the adtech industry but has also revolutionized how brands connect with younger demographics in a safe and meaningful way.

Just How BIG Are We Talking?

Kidoz powers nearly 5,000 apps worldwide, reaching over 400 MILLION kids, teens, and families monthly.

Working With Top Brands

  • Disney
  • McDonald’s
  • Hasbro
  • Lego
  • Trusted Partner of Apple & Google

In the realm of mobile AdTech, Kidoz Inc. shines in Q1-2024. Despite market challenges, Q1 2024 revenues hit USD $1.79 million and recorded revenues of $13,326,824 in 2023

Financial Performance and Efficiency Improvements

Financially, Kidoz has shown phenomenal growth, with revenues rising from $1.9 million in 2017 to $13.3 million in 2023.

In Q1-2024, Kidoz saw a 7% revenue increase to nearly $1.8 million vs. Q1-23 revenue: $1.67M and a 43% rise in gross profit due to reduced operating expenses.

Significant cost efficiency was achieved in media costs, leading to improved profitability despite Q1 being the slowest quarter of the year.

Competitive Advantages in Mobile Gaming

Kidoz capitalizes on the shift from traditional TV to digital, specifically targeting kids on mobile games.

The platform provides interactive advertising opportunities, where users engage directly with ads, unlike passive viewing on YouTube.

With changes in tech privacy and cookie usage, Kidoz cookie-less, context-based approach offers a robust alternative, making it a strong competitor in the mobile gaming ad space.

Strategic Staffing and Partnerships

Kidoz expanded its workforce and forged seven new sales partnerships globally in 2023, aiming to enhance its market reach and operational capacity.

Comments From the CEO 

“We’re proud of the revenue growth and financial improvements achieved in Q1 2024″, stated Jason Williams, Kidoz CEO.  “The digital advertising landscape continues to evolve in 2024 with a transition from the heightened activity seen during the pandemic.  However, Kidoz has adapted its strategy and been successful refining our strategies to meet the changing market dynamics,” continued Williams.

Kidoz’s stellar Q1 2024 revenue and 2023 performance confirms its leadership in child-safe mobile advertising. Watch this compelling interview with Jason Williams, Kidoz Inc CEO. 

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Lancaster Resources Believes They Are On The Cusp of A Groundbreaking Lithium Find

Posted by Brittany McNabb at 5:10 PM on Tuesday, May 7th, 2024

If you need reasons to believe in the future of electric vehicles and and the role lithium is going to play in this massive paradigm shift, then consider the following:

  1. The automotive industry is expected to invest $500 BILLION in the transition to EVs by 2030.
  2. 20M EV Vehicle sales projected by ‘25
  3. The Tesla Model S Long Range is reported to contain ~350 kilograms of lithium per vehicle

Enter Lancaster Resources, a dynamic exploration company dedicated to this emerging energy sector transition. Through the development of Net Zero Lithium, Lancaster will help power the future of Carbon free lithium development and production.

Major Lithium Breakthrough
Lancaster is on the verge of a groundbreaking discovery in lithium exploration, particularly at the Alkali Flat Project in New Mexico. With exclusive acquisition rights covering 5,200 acres, this property boasts exceptional accessibility with its proximity to both an interstate highway and a railway.

Striking Parallels
The Alkali Flat Project bears remarkable resemblance to Clayton Valley, the only active lithium mine in the US, projecting production of 10,000 tonnes of lithium carbonate-equivalent annually.

Cutting-edge AI / Drone Technology
Through a strategic alliance with KorrAI Technologies, Lancaster leverages cutting-edge imaging technology to expedite exploration processes, promising faster and more precise results. This partnership underscores Lancaster’s commitment to sustainable resource development and positions them as trailblazers in the industry.

Insights from Penny White
CEO Penny White sheds light on the meticulous research behind Lancaster’s lithium ventures, showcasing years of groundwork and strategic planning. The recent finding of unusual conductivity in underground water suggests there could be large amounts of lithium hidden underground. This discovery matches what’s expected in Clayton Valley, where there’s a high potential for finding significant lithium deposits. Expectations soar as Lancaster gears up for its maiden drill program, poised to validate the lithium concentrations in aquifers and potentially delineate a valuable resource.

Anticipated negotiations for off-take agreements signal promising prospects amidst the global deficit of lithium, driven not only by EV adoption but also by the expanding requirements of the AI and sustainable energy sectors.

Quote from Andrew Watson, Lancaster’s VP Engineering & Operations
“The approval of our maiden drilling application is confirmation of our commitment to responsible, minimal impact exploration and the last major hurdle before launching our maiden drilling program at Alkali Flat.”
With the recent approval of the Drill Permit for the Alkali Flat Lithium Brine Project, Lancaster Resources marks a pivotal milestone in its journey towards responsible and impactful exploration. As Lancaster progresses towards drilling the first well at Alkali Flat, witness the unfolding of a potentially game-changing discovery in the world of lithium exploration.

Discover the untapped potential of Lancaster Resources Inc. Watch the full interview now and explore the future of lithium innovation. Visit AGORACOM to access exclusive insights and stay ahead of the curve in the small cap market.

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Kidoz Generates $USD 13.3M In Revenue For ’23, Record Revenue Expected In ’24

Posted by Brittany McNabb at 10:23 AM on Tuesday, April 30th, 2024

If you believe in the future of digital advertising – and you should because 50% of TV advertising has shifted to digital and continues to accelerate – then Kidoz (KIDZ: TSXV) is worth discovering.

Why? Because Kidoz is the absolute leader in child-safe mobile advertising reaching millions of kids, teens, and families each month.

Just How BIG Are We Talking?

Kidoz powers nearly 5,000 apps worldwide, reaching over 400 MILLION kids, teens, and families monthly.

Working With Top Brands

  • Disney
  • McDonald’s
  • Hasbro
  • Lego
  • Trusted Partner of Apple & Google

In the realm of mobile AdTech, Kidoz Inc. shines with its 2023 financial report. Despite market challenges, 2023 annual revenues hit USD $13.3 million.

Highlights include: 

  • Total Revenue: Kidoz recorded revenues of $13,326,824 in 2023
  • Programmatic Revenue Surge: A standout achievement in 2023 was the 239% increase in programmatic ad revenue, highlighting a shift towards more dynamic, automated ad placements.
  • Investment in R&D and Marketing: The company boosted its R&D and marketing spend, preparing for future growth and diversification into new demographic segments including teens and families.
  • Strategic Staffing and Partnerships: Kidoz expanded its workforce and forged seven new sales partnerships globally, aiming to enhance its market reach and operational capacity.

“Historically, large, kids-focused brands reached consumers through traditional media channels utilizing television, radio, and print to communicate their messages. In the rapidly evolving landscape of digital advertising, Kidoz is at the forefront of transforming how major brands connect with their youngest audiences by enabling their message to reach their audience, contextually and safely via mobile digital devices.” Jason Williams, Kidoz CEO.

Kidoz’s stellar 2023 performance confirms its leadership in child-safe mobile advertising. Watch this compelling interview with Jason Williams, Kidoz Inc CEO.

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Lancaster Resources To Deploy AI To Find Gold Near The Largest Gold Mine In Saskatchewan

Posted by Brittany McNabb at 10:20 AM on Tuesday, April 30th, 2024

With the price of gold hovering over $2,300 and near all-time highs, as well as, surging prices in copper and other metals, investors are looking for great undiscovered resource companies that are now starting to emerge into the spotlight.

Lancaster Resources (LCR: CSE) (LANRF: OTCQB) is primarily engaged in exploring lithium and uranium and other critical minerals, with a goal to produce Net-Zero Lithium. Guiding Lancaster is CEO Penny White and skilled management and technical teams with collective involvement in over 15 commercial mineral discoveries, so it should come as no surprise the team is expanding its portfolio to include some very interesting opportunities in gold.

40 KILOMETRES FROM LARGEST GOLD MINE IN THE PROVINCE

Lancaster announced its latest endeavour: the acquisition of the Piney Lake Gold Property. Nestled in Saskatchewan, Canada, this 2,267.8-hectare property represents an exciting addition to Lancaster’s exploration portfolio.

Situated just 65 kilometers east of La Ronge Provincial Park, Piney Lake is surrounded by established gold claims.

Specifically, Saskatchewan’s largest gold mine, SSR Minerals Seabee Operations, is located approximately 40 km to the north Piney Lake, with the Santoy underground mine in continuous commercial production since 2014.  Commercial production at the Seabee underground mine commenced in 1991 and exhausted Mineral Resources in 2018.

Moving beyond gold, North Arrow Minerals’ discovery of diamonds in 2013, followed by Alto Minerals’ exploration in 2014, emphasizes the properties’ mineralization and exploration upside for gold, copper, and other minerals.

Its accessibility via provincial highways adds to its appeal as a prospective exploration site.

HISTORY INDICATES HIGH-GRADE GOLD POTENTIAL

Historical samplings have identified significant gold showings along a north-south trend, indicating the property’s high-grade potential. These findings, coupled with modern exploration techniques, set the stage for exciting discoveries.

DRONES, ARTIFICIAL INTELLIGENCE AND HIGH TECH EXPLORATION

Lancaster intends to deploy hyperspectral imaging, which combines satellite imagery and drone surveys. The company will then leverage artificial intelligence and machine learning to delineate a focused field exploration program.

Penny White, President and CEO of Lancaster Resources Inc.

“The acquisition of the Piney Lake Gold Property marks an exciting addition to our exploration portfolio.”

CONCLUSION:

The acquisition of Piney Lake Gold Property signifies a significant step forward for Lancaster Resources and great diversification of the Company’s strong portfolio of critical minerals projects.

Watch this exclusive interview with Lancaster Resources’ CEO, Penny White, as she discusses the strategic significance of the Piney Lake acquisition.

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Green River Gold Begins Gold Mining In May As Gold Flirts With $2,300

Posted by Brittany McNabb at 12:06 PM on Friday, April 5th, 2024

If you hit .300 in baseball, you’re a Hall Of Famer

If you shot 50% in basketball, you’re an icon

If you go 50-50 in drilling, you’re Green River Gold

In the dynamic realm of small-cap resources, Green River Gold emerges as a player, offering investors a unique blend of opportunities in both the resilient gold market and the burgeoning battery metals sector. With Gold standing strong as it approaches $2,300 and the electric vehicle revolution igniting unprecedented demand for critical minerals, Green River Gold’s strategic projects in British Columbia position it at the forefront of a transformative era in the resource industry.

GEARING UP FOR PLACER GOLD MINING

The company is gearing up to initiate placer gold mining on their Wabi claims along the Swift River. This marks a significant milestone in their quest for self-sustaining cash flow while advancing exploration ventures simultaneously.

The company staked its claim on six contiguous placer mining territories along the Swift River, rich in history dating back to the Cariboo Gold Rush in the 1870s. With strategic foresight, the Company capitalizes on the region’s potential, aligning its operations with surging gold prices.

COMMENTS FROM GREEN RIVER GOLD CEO PERRY LITTLE 

“With gold prices at current levels, we see the possibility of creating significant cash flow from our placer mining assets. It is our goal to create sufficient revenue from operations to eventually cover at least our annual operating costs so that any money we raise in the capital markets goes directly to exploration or acquisitions. Our primary focus remains the Quesnel Nickel Project and our other mineral properties. In the meantime, any mining activity that produces cash flow for the Company benefits all our shareholders.”

6000 Meters of Drilling at the Quesnel Nickel Project

The company recently secured a drilling permit for their Quesnel Nickel Project, with plans for an extensive 6000-meter drilling campaign. With the green light on a five-year area-based exploration permit, the Company sets the stage for intensive exploration efforts.

Twenty holes, each spanning 300 meters, are earmarked for 2024, promising to unearth invaluable insights into the project. Additionally, a robust ~4,000-tonne bulk sampling program gained approval.

Watch this powerful interview with Perry Little, Green River Gold President and CEO.

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Kidoz Rings Up Over $6M USD In Q4 Revenue And Believes 2024 Will Be Record Year

Posted by Brittany McNabb at 12:04 PM on Friday, April 5th, 2024

If you believe in the future of digital advertising – and you should because 50% of TV advertising has shifted to digital and continues to accelerate – then Kidoz (KIDZ: TSXV) is worth discovering.

Why? Because Kidoz is the absolute leader in child safe mobile advertising.reaching millions of kids, teens, and families each month.

Just How BIG Are We Talking?

Kidoz powers nearly 5,000 apps worldwide, reaching over 400 MILLION kids, teens, and families monthly.

Working With Top Brands

  • Disney
  • McDonald’s
  • Hasbro
  • Lego
  • Trusted Partner of Apple & Google

In the realm of mobile AdTech, Kidoz Inc. shines with its Q4 2023 financial report. Despite market challenges, the company sees robust growth, with total revenue hitting USD $6,030,546. Here’s a look at their standout performance:

  • Total Revenue Surges: Kidoz sees a remarkable 115% revenue growth compared to Q3 2023, showing strong market traction.
  • Advertising Revenue Momentum: With advertising revenue at USD $5,353,852, Kidoz solidifies its position as a leader in child-safe mobile ads.
  • Programmatic Revenue Expansion: The company sees a 162% increase in programmatic revenue, hitting USD $652,000, showcasing its tech prowess.
  • Profitability Soars: Kidoz reports a profit of USD $308,070, a substantial improvement from the previous quarter’s loss.
  • Adjusted EBITDA Growth: Adjusted EBITDA grows to $569,532, a turnaround from Q3 2023’s ($471,051).

Jason Williams, Kidoz CEO, states, “We’re pleased with the Company’s strong Q4 performance. Kidoz continues to innovate, differentiating itself and capturing a large share of the mobile ad market targeting kids and families.”

Embracing Growth with Confidence

Kidoz Inc.’s stellar Q4 2023 performance confirms its leadership in child-safe mobile advertising. Watch the insightful interview with Kidoz Inc CEO Jason Williams.

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Green River Gold Goes 50-For-50 Drilling Nickel. Anticipates 43-101 Resource Estimate In 2024

Posted by Brittany McNabb at 4:33 PM on Monday, March 18th, 2024

If you hit .300 in baseball Hall Of Fame

If you shot 50% basketball You’re an icon

If you go 50-50 in drilling You’re Green River Gold

With Gold maintaining its strength above $2,100 and the electric vehicle boom driving unprecedented demand for battery metals, the resource industry is witnessing a profound and optimistic shift. Amidst this transformative landscape, investors face a crucial decision: Do they prioritize the enduring appeal of Gold, or do they capitalize on the emerging opportunities within the rapidly expanding battery metals sector?

Enter Green River Gold, a dynamic small-cap resources company strategically positioned to provide investors with the best of both worlds. By curating a portfolio of powerhouse projects in British Columbia, Green River Gold offers unparalleled access to the wealth potential of both precious metals and critical battery metals.

Projects include: 

  1. Quesnel Nickel/Magnesium/Talc Project
  2. Fontaine Gold Project
  3. KaLi Lithium Pegmatite Project
  4. Kymar Silver Project
  5. Midnight Special Prospect (Gold, Silver, Copper)

These projects collectively position Green River Gold Corp. in some of British Columbia’s most highly prospective mining districts.

6000 METERS OF DRILLING AND BULK SAMPLING PROGRAM

Green River Gold ignites excitement with the approval of a comprehensive exploration plan for its Quesnel Nickel Project. The company’s five-year area-based permit promises a deep dive into the potential riches beneath the surface.

What’s in Store:

  1. The company is set to embark on a significant drilling campaign, targeting Zone 1 with infill drilling to establish an NI 43-101 compliant resource estimate.
  2. Bulk Sampling: A substantial 3,999-tonne bulk sampling program will provide ample material for metallurgical and mineralogical testing, focusing on nickel, magnesium, and talc deposits.
  3. Expansion Endeavors: Green River aims to expand the known footprint of Zone 1 mineralization while seeking to unveil the source of metallic veins previously discovered.

QUOTE OF CONFIDENCE 

Perry Little, President and CEO of Green River Gold Corp., expresses enthusiasm, stating,

“We are pleased to move on to a deeper drilling program and a significant bulk sampling program after intersecting various minerals from surface. Our aim is to unlock the full mineral resource potential of this exciting project.”

AN EXCITING PROSPECTIVE

With each drill and sample, Green River Gold Corp. is paving the way for potential discoveries in the untapped depths of the Quesnel Nickel Project. As the company delves deeper, investors eagerly anticipate the unveiling of valuable resources and the ensuing strides in sustainable resource development.

For further insights into Green River Gold Corp. and its ambitious exploration efforts, delve into the full interview with Perry Little, available now.

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Web3 Fantasy Company Is Launching With LaLiga

Posted by Brittany McNabb at 7:12 PM on Thursday, February 22nd, 2024

GameOn Entertainment Web3 Fantasy Sports Goes Global With Partners Like LaLiga, Funding From Arbitrum And Grant Of 59 Million $GAME Tokens From Sportsology

GameOn is a next generation fantasy sports company partnered with the world’s best sports leagues to launch, operate, and monetize web3 games.

In the dynamic world of Web3 gaming, GameOn Entertainment Technologies (CSE: GET) (OTCQB: GMETF) is a visionary small cap company that is already revoloutionizing the landscape.

With the global blockchain gaming market projected to surpass $614.91 billion by 2030, GameOn’s Tier-1 Partners and Financers serve as 3rd party validation that the Company is on an unparalleled growth trajectory as a key player in this industry.

POWERED BY A POWERFUL TEAM

GameOn is guided by a dynamic team of experts in Web3, sports, and entertainment, boasting extensive experience from renowned entities like

  • Dapper Labs
  • Take-Two Interactive
  • Twitch
  • EA Sports
  • NBA TopShots, and the Brooklyn Nets.

Their collective expertise ensures that GameOn isn’t merely making promises but is actively reshaping the landscape of Superfan engagement.

Join CEO Matt Bailey as he explores the strategic partnerships and financial successes driving GameOn’s ascent into the spotlight in this exclusive interview.

GameOn Receives 59,000,000 $GAME Grant from Sportsology: Fueling Fan Engagement:

In their latest press release, GameOn announced a groundbreaking partnership with Sportsology and the integration of $GAME tokens into major league projects, propelling fan engagement to unprecedented heights.

  • Watch and witness GameOn’s milestone moment as it secures grant funding from Sportsology, receiving 59,000,000 $GAME tokens.
  • This partnership drives the integration of $GAME into major league projects, starting with LaLiga, ensuring unified experiences and rewards across GameOn’s ecosystem.

$GAME Token Integration Guarantees $9.3 Million From Sportsology Alone

  • With plans for $GAME to launch on Arbitrum in Q2, GameOn is poised to lead the charge in redefining fan experiences all over the world.
  • With an estimated value of $2.3m from development fees and $1.4m in annual recurring revenue, and a total expected value of $9.3 million over five years, $GAME is delivering actual results when most are trying to find their footing.

Other Global Sports League Partnerships

  • GameOn collaborates with premier sports leagues like Karate Combat, LALIGA and the Professional Fighters League (PFL) to launch next-gen fantasy games, captivating audiences worldwide.

Projecting $11,500,000 By 2024; $40,000,000 By 2026

  • GameOn is poised to reshape and dominate the gaming landscape, with projected revenues soaring to $40 million by 2026.
  • Forecasted revenues for 2023 range between $4 million and $5 million, showcasing significant progress.
  • Building on this success, GameOn aims for an ambitious revenue projection of $11.5 million in 2024.

Massive Fan Acceptance Before Even Going Live

LaLigaNFTs recently launched on social media, amassing more than 200,000 video views and a community nearing 100,000 across X, Discord, email, and waitlist.

All of this prior to GameOn LALIGA’s warchest mint is scheduled for February 28 at 12 PM ET.

CEO Matt Bailey

“$GAME is a natural fit for our ecosystem of next-gen fantasy games, launched with the best sports leagues in the world,” said Matt Bailey, CEO at GameOn. “This partnership puts the very first supply of $GAME in the hands of GameOn and soon masses of sports fans.”

GameOn represents a paradigm shift in Web3 gaming with the integration of $GAME tokens ushering in a new era of fan engagement and revenue growth. $GAME solves interoperability between games, between leagues, and different apps. With strategic partnerships in place and visionary leadership at the helm, GameOn is poised to dominate the Web3 gaming landscape.

If you’re seeking to join the forefront of innovation, you won’t want to miss this exclusive interview with GameOn CEO Matt Bailey. Tune in now and witness the evolution of Web3 gaming unfold.

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VIDEO – GameOn Revolutionizing Web3 Gaming: Projecting $11.5M in 2024 Revenues Thanks To LaLiga And Other Global Partnerships

Posted by Brittany McNabb at 9:03 AM on Thursday, January 11th, 2024

Did you know? The blockchain gaming market – better known as Web3 gaming – is projected to skyrocket to an earth shattering $614.91 billion market by 2030?

GameOn Entertainment Technologies ($GET $GMETF) is a small-cap powerhouse making waves in the explosive Web3 gaming market. $GET is a next generation fantasy sports platform that has partnered with some of the world’s best sports leagues like LALIGA to launch web3 games that transform fans into Superfans.

GameOn is led by a diverse team of Web3, sports, and entertainment experts, with experience from the likes of Take-Two Interactive, Twitch, EA Sports, Dapper Labs, NBA TopShots and the Brooklyn Nets to make sure GameOn isn’t  just talking the talk but walking the walk when it comes to revolutionizing Superfan engagement.

Join CEO Matt Bailey as he delves into the strategic partnerships and financial triumphs propelling GameOn into the spotlight in this exclusive interview.

GameOn’s Web3 Odyssey: Rapid Acceleration From Web3 Gaming Startup To Global Leader

  • From a startup with minimal revenues in 2021, GameOn is already leading the charge in revolutionizing Superfan engagement with growing revenues, Tier-1 global clients and funding from Web3 powerhouses that want to be a part of GameOn’s growth this decade.

Financial Triumphs: Q3 2023 Proves Record-Breaking

  • Explore GameOn’s financial prowess from a record breaking year! With a record $1 million in adjusted revenue in 2022, 2023 is set to deliver $4,000,000 – $5,000,000 in revenue once the final numbers are in.
  • This success is setting the stage for an ambitious $11.5 million projection in 2024 and $40M Revenue by 2026.

Strategic Partnerships with Sports Titans: LALIGA and PFL Take Center Stage:

  • Learn all about GameOn’s strategic collaborations with sports giants like LALIGA and PFL, why they are choosing to partner with GameOn and how the Company’s Web3 platform helps clients transform fans into Superfans.
  • If that wasn’t all, the company’s visionary $GAME initiative, developed in partnership with Sportsology, promises to reshape the blockchain gaming landscape.

$GAME: Next-Gen Fantasy Sports Infrastructure Unleashed:

  • Unpack the $GAME initiative, a groundbreaking fantasy sports infrastructure set to drive fan engagement and revenue growth globally. With an estimated value of $9.3 million over five years from the Sportsology deal alone, as well as, the currency powering the La Liga initiative, $GAME is poised to redefine the gaming experience for tens of millions of fans and Web3 gamers around the world.

Financial Backing and Prestigious Grants Validate GameOn’s Potential:

Spotlight GameOn’s robust financial backing underscore GameOn’s potential for monumental growth:

  • $1.7 million from Web3 powerhouses like Lightning Capital and Dapper Labs.
  • Non-dilutive grants from global blockchain powerhouses such as Polygon, Hedera, and Arbitrum.

In the words of CEO Matt Bailey

“Q3’s results and recent news are a validation of our relentless building in a bear market, setting us up to be a successor of the next bull run.”

GameOn’s trajectory, marked by record revenues, influential partnerships, and groundbreaking initiatives like $GAME, cements its status as a small-cap company with the potential to capitalize on the hypergrowth of Web3 gaming.

Investors seeking a thrilling journey into the world of Web3 gaming won’t want to miss this exclusive interview.

Embark on the future of gaming with GameOn – Watch the interview now and unveil the secrets behind the rise of a Web3 powerhouse.

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VIDEO – HPQ Silicon Anode Battery Tech Wins 3rd Party Validation With €90,000 Grant By French Bank of Public Investments

Posted by Brittany McNabb at 12:14 AM on Thursday, December 21st, 2023

HPQ Silicon Anode Battery Tech Wins 3rd Party Validation With €90,000 Grant By French Bank of Public Investments. Plans To Seek Additional Grant Up to €2M

In the realm of electric vehicle (EV) batteries, the anode serves as a critical component, acting as a storage vessel for lithium ions. Graphite anodes, the current market dominators, have reached their peak energy density. This limitation prompts a shift toward Silicon-based anodes, offering up to 10 times the energy density.

Major players like Porsche, Mercedes, and GM are embracing this technology, recognizing its potential to revolutionize EV performance.

However, Silicon anodes face challenges in degradation during charging cycles.

ENTER HPQ SILICON INC. (TSX-V: HPQ) (OTCQB: HPQFF) 

HPQ Silicon is a technology company specializing in green engineering for silicon manufacturing. Positioned strategically to become a key supplier for Silicon materials in battery anodes, HPQ Silicon’s efforts align with the US and Canadian governments’ initiatives to establish domestic battery manufacturing ecosystems.

Novacium, HPQ’s France-based affiliate, has acquired patents enhancing anode material performance, particularly in silicon-based Li-ion batteries. With the pressing demand for domestic battery material suppliers, HPQ Silicon’s advancements in engineered SiOx materials position it as a crucial player in meeting the evolving needs of the electric vehicle industry while addressing supply chain vulnerabilities.

GRANT PROVIDES MORE THAN FUNDING – IT PROVIDES 3RD PARTY VALIDATION

In a groundbreaking leap toward transforming the landscape of battery technologies, HPQ Silicon Inc.’s affiliate, Novacium SAS, has been awarded a prestigious €90,000 French Tech Emergence Grant. This grant, administered by the French Bank of Public Investments, reflects not only Novacium’s prowess in “deep tech” projects but also its dedication to advancing the realm of highly engineered SiOx-based anode materials for batteries.

BERNARD TOURILLON CEO OF HPQ SILICON

“Today’s news, which can be considered a big milestone, validates our strategic partnership with Novacium and strengthens our collective position in the global market for reliable, sustainable and innovatively engineered SiOx battery materials.”

SIOX-BASED ANODE MATERIALS FOR BATTERIES

Novacium’s innovative project focuses on revolutionizing the entire value chain of SiOx-based anode materials for batteries, addressing critical challenges in the lithium battery industry. The ongoing SiOx battery tests, anticipated to yield promising results, position Novacium to seek additional deep-tech financing, potentially up to €2 million, propelling their project to a pre-commercial stage.

RIGOROUS SELECTION PROCESS PASSED BEFORE GRANT BY FRENCH BANK OF PUBLIC INVESTMENTS

The grant approval follows a rigorous selection process by the French Bank of Public Investments, validating Novacium’s deep-tech characteristics and its project’s innovativeness and industrial impact in both France, as well as, on a global scale.

Mr. Jed Kraiem, COO of Novacium, notes that the recent recognition from the French government underscores the significant industrial impact of their work, reinforcing the value proposition of their groundbreaking project.

MARKET SIZE FOR ENGINEERED SIOX ANODE MATERIALS IS EXPANDING

As the market for engineered SiOx anode materials expands, Novacium emerges as a key player, with projections indicating a potential demand of 300,000 tons by 2030, valued at an estimated US$15 billion.

A PIVOTAL MOMENT IN THE TRAJECTORY OF SIOX BASED BATTERY MATERIAL

Novacium’s recent achievement and the substantial grant from BPI underscore a pivotal moment in the trajectory of SiOx-based battery materials. With ongoing tests poised to reveal transformative results, Novacium’s commitment to shaping the future of battery technologies is undeniable.

Sit back, relax and watch this powerful interview with Bernard Tourillon, President and CEO of HPQ Silicon Inc. and NOVACIUM SAS.

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