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INDUSTRY BULLETIN: Bridging Africa’s Digital Divide with NuRAN Wireless

Posted by Paul Nanuwa at 4:12 PM on Tuesday, April 23rd, 2024



President Ruto says bridging the technology gap is important for Africa’s economic growth and innovation.

Industry Outlook and NuRAN Wireless’s Trajectory

The Connected Africa Summit, held in Nairobi, Kenya, brought together government representatives, ICT officials, and international organizations to discuss Africa’s technology future and the hurdles to achieving it. The conversation was centered on enhancing connectivity and bridging the continent’s digital divide, themes that are central to NuRAN Wireless’s mission. As an emerging leader in mobile and broadband wireless infrastructure, NuRAN Wireless is strategically positioned to meet these challenges and capitalize on the opportunities in Africa’s burgeoning digital economy.

Voices of Authority

At the summit’s opening, Kenyan President William Ruto stressed the importance of technology in driving Africa’s economic growth and innovation. His emphasis on bridging the technology gap resonates with NuRAN Wireless’s commitment to expanding telecommunications in rural and underserved regions. “Closing the digital divide is a priority,” Ruto noted, underscoring the potential for ICT to boost Africa’s GDP and stimulate broader economic growth. Similarly, Lacina Kone, head of Smart Africa, highlighted the urgency of integrating technology into daily activities, indicating a strong alignment with NuRAN’s objectives.

NuRAN Wireless’s FLASH Highlights

NuRAN Wireless has made significant strides in realizing its vision of “Bridging the Digital Divide, One Connection at a Time.” Nuran has signed US$800M in contracts spanning 10 years and 7 countries with two of the largest Mobile Network Operators in the world, MTN Group and Orange.

In addition, the company recently confirmed an $800,000 credit facility from a local Cameroon commercial bank, enabling further deployment of sites in the region. This cash injection aligns with the company’s strategy to roll out wireless infrastructure, enhancing network coverage across remote areas. Additionally, NuRAN completed 19 of 21 new sites and five site upgrades in Africa, demonstrating its operational efficiency and commitment to delivering reliable connectivity.

Real-World Relevance

The impact of NuRAN Wireless’s work extends beyond the technical aspects of infrastructure deployment. By providing affordable and scalable solutions for 2G, 3G, and 4G technologies, the company is enabling millions to access communication services that were previously out of reach. This increased connectivity is more than just a technological advancement—it translates into economic growth, improved education, and enhanced access to healthcare and other essential services. The data-driven approach NuRAN uses to report site data supports the securement of additional funds and underscores the company’s resilience in driving positive change.

Looking Ahead with NuRAN Wireless

The prospects for NuRAN Wireless are promising, especially as the broader industry landscape suggests a growing demand for improved connectivity in Africa. The COVID-19 pandemic accelerated technology adoption, highlighting the need for reliable communication networks. NuRAN’s forward-looking approach aligns with this trend, positioning the company to play a pivotal role in closing the digital gap and fostering socio-economic growth. As the industry explores innovative solutions to address Africa’s technology needs, NuRAN is poised to contribute significantly to the continent’s digital transformation.

Conclusion

NuRAN Wireless’s recent achievements and strategic direction reflect a company at the forefront of Africa’s digital evolution. As industry leaders and policymakers focus on bridging the technology gap, NuRAN’s commitment to affordable, reliable connectivity places it in a compelling position to drive change. Investors seeking opportunities in the telecommunications sector should keep a close eye on NuRAN Wireless as it continues to make meaningful strides in bridging the digital divide, one connection at a time.

YOUR NEXT STEPS

Visit $NUR HUB On AGORACOM: https://agoracom.com/ir/NuranWireless

Visit $NUR 5 Minute Research Profile On AGORACOM: https://agoracom.com/ir/NuranWireless/profile

Visit $NUR Official Verified Discussion Forum On AGORACOM: https://agoracom.com/ir/NuranWireless/forums/discussion

Watch $NUR Videos On AGORACOM YouTube Channel: https://www.youtube.com/@AGORACOMIR/playlists

DISCLAIMER AND DISCLOSURE

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) . As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients. In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations. These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

From time to time, reference may be made in our marketing materials to prior Records we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

NO INVESTMENT ADVICE

This record, and any record we publish by or on behalf of our clients, should not be construed as an offer or solicitation to buy or sell products or securities.

You understand and agree that no content in this record or published by AGORACOM constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person and that no such content is tailored to any specific person’s needs. We will never advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

Neither the writer of this record nor AGORACOM is an investment advisor. Both are neither licensed to provide nor are making any buy or sell recommendations. For more information about this or any other company, please review their public documents to conduct your own due diligence.

If you have any questions, please direct them to [email protected]

For our full website disclaimer, please visit https://agoracom.com/terms-and-conditions

 

With 4M Ounces Of Gold and $12M In Cash, Loncor Gold Is Set To Propel Expansion of DRC’s Second Largest Gold Deposit

Posted by Paul Nanuwa at 11:32 AM on Thursday, April 11th, 2024


Introduction:

As the gold market charts a bullish course, Loncor Gold emerges as a glimmer of opportunity amidst the industry’s optimistic trajectory. With recent milestones aligning with positive industry trends, Loncor Gold’s strategic direction reflects its readiness to ride the waves of growth.

Industry Outlook and Loncor Gold’s Trajectory:

The recent surge in gold prices signals a buoyant market, fueled by geopolitical tensions, central bank purchases, and shifting investor sentiments. Against this backdrop, Loncor Gold’s strategic positioning in the gold-rich DRC positions the company for significant growth. The surge in gold prices, coupled with Loncor Gold’s substantial presence in the DRC and its flagship Adumbi gold deposit, underscores the company’s potential to capitalize on the current market dynamics.

Voices of Authority:

Industry leaders echo Loncor Gold’s strategic vision, emphasizing the importance of proactive growth strategies, value creation, and seizing opportunities amidst market fluctuations. CEO John Barker’s insights highlight the company’s resilience and foresight, reinforcing its commitment to maximizing shareholder value and expanding its resource base.

Loncor Gold’s FLASH Highlights:

Loncor Gold’s recent achievements, encapsulated in its FLASH milestones, underscore the company’s progress and potential. With approximately 4 million ounces of high-grade gold under its control, Loncor’s Adumbi gold deposit emerges as a world-class asset. The company has $12 million in cash and short-term receivables which is due to a recent sale of a non-core property and that cash will be put to work on the company’s Adumbi open pit gold deposit.

It’s the second largest gold deposit in the DRC, about 1.9 million ounces of gold indicated & about 2.1 million ounces of gold inferred equating to USD $1.3 billion after tax valuation at a price of $2,000/oz gold.

The resource is still growing and a mining permit has already been granted for the development of Adumbi. The company’s strategic initiatives, including plans to expand the Adumbi deposit and capitalize on favourable market conditions, position it as a key player in the global gold market.

Real-world Relevance:

Loncor Gold’s contributions to the industry translate into tangible impacts, akin to the emergence of gold as a safe-haven asset amidst geopolitical uncertainties. The company’s strategic growth initiatives mirror the cyclical nature of the gold market, offering investors an opportunity to capitalize on the enduring allure of gold.

Looking Ahead with Loncor Gold:

As the gold market continues its upward trajectory, Loncor Gold remains poised for further growth and value creation. With a focus on expanding its resource base, maximizing shareholder value, and leveraging favourable market conditions, Loncor Gold invites investors to join its journey toward success in the dynamic gold industry.

Conclusion:

In conclusion, Loncor Gold’s alignment with the bullish trends in the gold market positions the company for a promising future. As industry optimism prevails, Loncor Gold stands out as a compelling investment opportunity, offering investors a chance to participate in the ongoing growth story of the gold sector.


YOUR NEXT $LN STEPS

$LN HUB On AGORACOM: https://agoracom.com/ir/LoncorGold
$LN 5 Minute Research Profile On AGORACOM: https://agoracom.com/ir/LoncorGold/profile
$LN Official Verified Discussion Forum On AGORACOM:  https://agoracom.com/ir/LoncorGold/forums/discussion

DISCLAIMER AND DISCLOSURE

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.  In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

From time to time, reference may be made in our marketing materials to prior Records we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

NO INVESTMENT ADVICE

This record, and any record we publish by or on behalf of our clients, should not be construed as an offer or solicitation to buy or sell products or securities.

You understand and agree that no content in this record or published by AGORACOM constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person and that no such content is tailored to any specific person’s needs. We will never advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

Neither the writer of this record nor AGORACOM is an investment advisor.  Both are neither licensed to provide nor are making any buy or sell recommendations. For more information about this or any other company, please review their public documents to conduct your own due diligence.

If you have any questions, please direct them to [email protected]

For our full website disclaimer, please visit  https://agoracom.com/terms-and-conditions

 

With 4M Ounces Of Gold and $13.5M In Cash, Loncor Gold Is Set To Grow The 2nd Largest Gold Deposit In The DRC

Posted by Paul Nanuwa at 11:14 AM on Wednesday, April 3rd, 2024

In the realm of gold exploration and mining, one company stands out for its remarkable achievements and promising future – Loncor Gold. In a recent interview with Loncor Gold’s CEO, John Barker, we gained exclusive insights into the company’s significant milestones, its strategic vision, and the compelling investment opportunity it presents in the dynamic gold market.

A Leader in the Gold Industry

Loncor Gold (TSX: LN) (OTCQX: LONCF), has garnered attention as an undervalued gold exploration company with a substantial presence in the Democratic Republic of Congo (DRC). At a time when gold prices are soaring, Loncor Gold’s strategic positioning in the gold-rich DRC couldn’t be more opportune.

The company boasts control over approximately 4 million ounces of high-grade gold across its projects, with its flagship Adumbi gold deposit emerging as a world-class asset. Adumbi, the second-largest gold deposit in the DRC, holds immense potential with 1.9 million ounces of gold indicated and an additional 2.1 million ounces inferred. Moreover, Loncor Gold is about to possess $13.5 million in cash and short-term receivables, bolstering its financial strength and capacity for further growth.

Navigating Through Challenges with Resilience

In an industry characterized by volatility and uncertainty, Loncor Gold has demonstrated resilience and foresight. Despite operating in challenging market conditions, the company has remained steadfast in its pursuit of growth and value creation. CEO John Barker highlighted the company’s proactive approach, emphasizing their focus on expanding the business, preserving shareholder value, and seizing opportunities amidst market fluctuations.

Unveiling the Potential of Adumbi

Central to Loncor Gold’s success is the Adumbi gold deposit, renowned for its size, grade, and economic viability. With approximately 4 million ounces of gold under its control, Loncor Gold’s Adumbi deposit stands out as one of the largest and highest-grade projects in its peer group. The robust economics of the project, including a $1.3 billion after tax valuation and favourable production forecasts, underscore its significance as a value driver for the company.

Strategic Growth Initiatives

Loncor Gold’s strategic vision extends beyond its existing accomplishments, with a keen focus on further expanding the Adumbi deposit. The company’s plans to initiate an 11,000-meter drill program aimed at increasing the deposit size to 5 million ounces signal its commitment to unlocking additional value for shareholders. Moreover, with gold prices surpassing previous records, Loncor Gold is poised to capitalize on the favourable market dynamics and elevate its status as a key player in the gold sector.

Conclusion: A Bright Future Ahead

In conclusion, Loncor Gold’s remarkable achievements and strategic initiatives position it for a bright future in the gold industry. With a focus on maximizing shareholder value, expanding its resource base, and capitalizing on favorable market conditions, Loncor Gold is poised to emerge as a leading player in the global gold market. As investors seek opportunities in the precious metals sector, Loncor Gold stands out with tremendous potential and a compelling investment opportunity for those looking to capitalize on the enduring allure of gold.


YOUR NEXT $LN STEPS

$LN HUB On AGORACOM: https://agoracom.com/ir/LoncorGold
$LN 5 Minute Research Profile On AGORACOM: https://agoracom.com/ir/LoncorGold/profile
$LN Official Verified Discussion Forum On AGORACOM:  https://agoracom.com/ir/LoncorGold/forums/discussion

DISCLAIMER AND DISCLOSURE 

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.  In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

From time to time, reference may be made in our marketing materials to prior Records we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

NO INVESTMENT ADVICE

This record, and any record we publish by or on behalf of our clients, should not be construed as an offer or solicitation to buy or sell products or securities.

You understand and agree that no content in this record or published by AGORACOM constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person and that no such content is tailored to any specific person’s needs. We will never advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

Neither the writer of this record nor AGORACOM is an investment advisor.  Both are neither licensed to provide nor are making any buy or sell recommendations. For more information about this or any other company, please review their public documents to conduct your own due diligence.

If you have any questions, please direct them to [email protected]

For our full website disclaimer, please visit  https://agoracom.com/terms-and-conditions

Unlocking Connectivity: NuRAN Wireless’ $5M Boost

Posted by Paul Nanuwa at 2:42 PM on Wednesday, March 6th, 2024

Connecting the Unconnected

In an era where high-speed internet is taken for granted, NuRAN Wireless ($NUR / $NRRWF) emerges as a game-changer, linking rural and remote areas to the digital world. With $800 million in contracts over the next decade and key partnerships with global mobile giants, NuRAN is at the forefront of bridging the connectivity gap, impacting over 1 billion lives.

Ambitious 5-Year Plan

NuRAN Wireless sets the stage for a transformative journey, unveiling a visionary 5-year plan. Targeting 10,000 operational sites across 15 countries, the company aims for an annual revenue of $200 million and $100 million in EBITDA. The plan reflects NuRAN’s commitment to extending mobile network operators’ reach into traditionally underserved regions.

Securing the Future: $5M Loan Facility

Breaking new ground, NuRAN Wireless secures a $5 million loan facility, a pivotal move in advancing its Network-as-a-Service (NaaS) operations. CEO Francis Letourneau emphasizes the significance, stating, “This is a significant development in NuRAN’s financing strategy… We are appreciative that our lenders are supporting our contracts to connect and empower the unconnected in Africa.” Key highlights of the loan include a 2-year tenor and utilization to establish new sites in Cameroon and the DRC.

Paving the Way for Progress

NuRAN’s strategic approach involves shouldering the risk to deploy comprehensive network infrastructure, from towers to power systems, across rural landscapes. This approach managed under decade-long contracts with mobile operators, positions NuRAN as the essential force extending connectivity to remote villages, shaping the wireless infrastructure landscape in Africa.

From Waiting to Rolling: A Turning Point

The recent loan approval marks a turning point, enabling NuRAN to shift focus from waiting for a big lender to operational growth. The company’s agile strategy, including pivoting to smaller lenders, proves successful, laying the groundwork for a surge in operations and implementation.

Solstice – Illuminating the Future

Amidst these achievements, NuRAN introduces Solstice, a revolutionary product unveiled at the Mobile World Congress. This solar-powered charging station aligns with the company’s commitment to sustainability, providing a vital solution to power telecom sites in regions lacking grid power. Not just a technological feat, Solstice also promises profits reinvested in local communities, showcasing NuRAN’s dedication to positive impact.

A Glimpse into the Future

With 2023 as a year of learning and preparation, NuRAN Wireless charges into 2024 with vigor and optimism. The roadmap is laden with announcements, including mandate letters, LOIs, new product launches, and site developments. CEO Francis Letourneau radiates confidence, stating, “We’re ready to rock and roll… this $5 million is just the start of this thing.”

In conclusion, NuRAN Wireless stands poised at the intersection of connectivity, innovation, and positive change. As the company navigates towards its ambitious goals, witness the unfolding success story. The future of wireless infrastructure is being reshaped, and NuRAN is leading the way.

YOUR NEXT STEPS

Visit $NUR HUB On AGORACOM: https://agoracom.com/ir/NuranWireless

Visit $NUR 5 Minute Research Profile On AGORACOM: https://agoracom.com/ir/NuranWireless/profile

Visit $NUR Official Verified Discussion Forum On AGORACOM: https://agoracom.com/ir/NuranWireless/forums/discussion

Watch $NUR Videos On AGORACOM YouTube Channel: https://www.youtube.com/@AGORACOMIR/playlists

DISCLAIMER AND DISCLOSURE

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) . As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients. In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations. These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

From time to time, reference may be made in our marketing materials to prior Records we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

NO INVESTMENT ADVICE

This record, and any record we publish by or on behalf of our clients, should not be construed as an offer or solicitation to buy or sell products or securities.

You understand and agree that no content in this record or published by AGORACOM constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person and that no such content is tailored to any specific person’s needs. We will never advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

Neither the writer of this record nor AGORACOM is an investment advisor. Both are neither licensed to provide nor are making any buy or sell recommendations. For more information about this or any other company, please review their public documents to conduct your own due diligence.

If you have any questions, please direct them to [email protected]

For our full website disclaimer, please visit https://agoracom.com/terms-and-conditions

 

NuRAN Wireless Set To Connect Africa With $800M In Signed Contracts

Posted by Paul Nanuwa at 10:09 AM on Monday, February 12th, 2024


Introduction: Bridging the Digital Divide

In an era where high-speed internet has become an indispensable part of daily life, it’s easy to overlook the fact that billions of people around the world still lack access to this essential service, especially in remote and rural areas. NuRAN Wireless (NUR: CSE) (NRRWF: OTCQB) is a pioneering force in the telecommunications industry, dedicated to bridging this digital divide. With a focus on providing wireless network coverage in underserved regions, NuRAN Wireless is not just building a business; it’s providing a lifeline to communities in need.

Empowering Communities Through Connectivity

NuRAN Wireless is more than just a telecommunications company; it’s a “signal” of hope for over a billion people who lack access to basic telephony, let alone high-speed internet. With approximately 350 million individuals in Africa alone still unconnected to mobile networks, the need for affordable and accessible communication solutions is glaring. NuRAN Wireless steps in to fill this void by building infrastructure and managing networks in partnership with major mobile network operators (MNOs), effectively extending their reach into rural and remote areas.

Strategic Partnerships: A Testament to Success

NuRAN Wireless’s impact is underscored by its strategic partnerships with industry giants like MTN Group and Orange. Through contracts totalling over $800 million spanning multiple countries and a decade, NuRAN has demonstrated its ability to deliver results. The recent appointment of a former network executive from MTN Group to NuRAN’s board and strategic committee further validates the company’s vision and capabilities.

Financial Milestones: A Shift in Strategy

In 2024, NuRAN Wireless embarked on a new phase of growth with strategic financing initiatives. Rather than relying solely on large-scale financing, the company adopted an incremental approach to secure funds. This shift in strategy, marked by a $5 million loan agreement and a $15 million financing letter of intent, reflects NuRAN’s agility and determination to accelerate its expansion efforts.

Building Momentum, One Site at a Time

Despite past challenges, NuRAN Wireless remains steadfast in its commitment to delivering on its promises. Incremental steps, such as securing financing and optimizing network performance, are laying the groundwork for future success. With a focus on building approximately 600 sites in 2024 and eyeing a target of 1,500 sites, NuRAN Wireless is poised for significant growth.

Meeting Expectations: A Forward-Looking Approach

While past performance may have fallen short of expectations, NuRAN Wireless is charting a new course for the future. By setting aggressive revenue targets for 2024 and 2025, the company aims to capitalize on its momentum and deliver value to shareholders. With a clear focus on execution and a dedicated team driving initiatives forward, NuRAN Wireless is well-positioned for success in the coming years.

Conclusion: A Visionary Path Forward

As NuRAN Wireless continues to expand its footprint and empower underserved communities, investors have a unique opportunity to support a company that is not only driving financial growth but also making a meaningful difference in the world. With a proven track record, strategic partnerships, and a forward-looking approach to financing and expansion, NuRAN Wireless stands at the forefront of the telecommunications revolution. As we look ahead, the possibilities are limitless, and NuRAN Wireless remains poised to lead the charge towards a more connected and inclusive future.

YOUR NEXT STEPS

Visit $NUR HUB On AGORACOM: https://agoracom.com/ir/NuranWireless

Visit $NUR 5 Minute Research Profile On AGORACOM: https://agoracom.com/ir/NuranWireless/profile

Visit $NUR Official Verified Discussion Forum On AGORACOM: https://agoracom.com/ir/NuranWireless/forums/discussion

Watch $NUR Videos On AGORACOM YouTube Channel:
https://www.youtube.com/@AGORACOMIR/playlists

DISCLAIMER AND DISCLOSURE

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) . As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients. In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations. These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

From time to time, reference may be made in our marketing materials to prior Records we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

NO INVESTMENT ADVICE

This record, and any record we publish by or on behalf of our clients, should not be construed as an offer or solicitation to buy or sell products or securities.

You understand and agree that no content in this record or published by AGORACOM constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person and that no such content is tailored to any specific person’s needs. We will never advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

Neither the writer of this record nor AGORACOM is an investment advisor. Both are neither licensed to provide nor are making any buy or sell recommendations. For more information about this or any other company, please review their public documents to conduct your own due diligence.

If you have any questions, please direct them to [email protected]

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Empowering Connectivity: Nuran Wireless’s Ascent in Africa’s Tech Revolution

Posted by Paul Nanuwa at 11:58 AM on Wednesday, January 10th, 2024

As Africa steps into the spotlight of global commerce, the narrative is shifting from challenges to untapped potential. In the heart of this transformation stands Nuran Wireless Inc., a leading force in mobile and broadband wireless infrastructure solutions. Against the backdrop of Africa’s burgeoning tech revolution, Nuran Wireless emerges as a key player, aligning its trajectory with the industry’s upward swing.

Industry Outlook and Nuran Wireless’s Trajectory

The African telecom landscape is evolving rapidly, with internet penetration rates climbing and mobile connectivity becoming a driving force. Nuran Wireless positions itself at the nexus of these positive trends, contributing to the continent’s digital transformation. As the internet usage doubles, Nuran Wireless leverages its expertise to expand connectivity, providing a bridge to global commerce for millions.

Voices of Authority

Industry leaders echo the strategic direction of Nuran Wireless. As private investments pour into expanding coverage, Nuran Wireless stands as a beacon of innovation. The company’s commitment to sustainable practices aligns with the global push for responsible business in the tech sector.

Nuran Wireless Highlights

  • US$800M in contracts spanning 7 countries
  • Backlog of 4642 sites with 2 of the largest mobile network operators in the world
  • Revenue in excess of $4.8M in 2022
  • Contracts with MTN Sudan Company LTD. – Minimum of 500 rural sites

These moves not only signal growth but position Nuran Wireless as a resilient force in an industry poised for expansion.

Real-world Relevance

Nuran Wireless’s contributions extend beyond the balance sheets. In a region where infrastructure gaps have hindered progress, the company’s initiatives to refinance renewable energy assets align with Africa’s need for sustainable solutions. By expanding connectivity, Nuran Wireless catalyzes real-world impacts, unlocking economic opportunities, and transforming lives.

Looking Ahead with Nuran Wireless

The future unfolds with promise as Nuran Wireless sets its sights on a connected Africa. The company’s forward-looking goals resonate with the optimistic industry forecast. With 5G expansion and major fiber projects on the horizon, Nuran Wireless anticipates playing a pivotal role in shaping Africa’s digital landscape.

Conclusion

Nuran Wireless emerges not just as a participant but a catalyst in Africa’s tech-driven growth narrative. As the continent embraces the transformative potential of the internet, Nuran Wireless stands at the forefront, a symbol of resilience and innovation.

In navigating the complexities of Africa’s evolving tech landscape, Nuran Wireless remains committed to accessible, sustainable, and impactful connectivity solutions. The company’s journey mirrors Africa’s ascent, and the invitation to explore further awaits those ready to be part of this transformative story.

YOUR NEXT STEPS

Visit $NUR HUB On AGORACOM: https://agoracom.com/ir/NuranWireless

Visit $NUR 5 Minute Research Profile On AGORACOM: https://agoracom.com/ir/NuranWireless/profile

Visit $NUR Official Verified Discussion Forum On AGORACOM: https://agoracom.com/ir/NuranWireless/forums/discussion

Watch $NUR Videos On AGORACOM YouTube Channel:
https://www.youtube.com/@AGORACOMIR/playlists

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Loncor $LN.ca $LONCF Deepest Hole Drilled at Adumbi Deposit Intersects Significant Widths and Grades in Multiple Gold Zones $ABX $NGT $GOLD $TECK

Posted by AGORACOM at 9:37 AM on Thursday, March 25th, 2021
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  • Results include 32.15 metres grading 6.17 g/t gold (including 1.46 metres grading 94.77 g/t gold) and 15.36 metres grading 3.73 g/t gold (including 5.89 metres grading 6.56 g/t gold)

Loncor Resources Inc. (“Loncor” or the “Company”) (TSX: “LN”; OTCQX: “LONCF”; FSE: “LO51”) is pleased to announce further significant assay results from its drilling program within its 84.68%-owned Imbo Project in the eastern part of the Ngayu greenstone belt in the Democratic Republic of the Congo. The deepest borehole drilled to date at its flagship Adumbi deposit, LADD009 intersected 32.15 metres grading 6.17 grammes per tonne (g/t) gold (including 1.46 metres grading 94.77 g/t Au), 15.36 metres grading 3.73 g/t gold (including 5.89 metres grading 6.56 g/t Au), 5.00 metres grading 3.17 g/t gold and 7.45 metres grading 1.48 g/t gold.

Mineralized sections for borehole LADD009 are summarised in the table below:

Borehole NumberFrom (m)To (m)Intersected
Width (m)
Grade (g/t) Au
LADD009559.76564.765.003.17
LADD009581.90614.0532.156.17
LADD009
including
599.05600.511.4694.77
LADD009629.56644.9215.363.73
LADD009
including
632.00637.895.896.56
LADD009650.50657.957.451.48

Borehole LADD009 had an inclination of minus 75 degrees and azimuth of 218 degrees at the start of hole and regular measurements of inclination and azimuth were taken at 30 metre intervals down the hole. All core was orientated, and it is estimated that the true widths of the mineralised sections are approximately 82% of the intersected width. All intercepted grades are uncut with maximum internal dilution equal to or less than 4 metres of intersected width. Borehole LADD009 intersected the mineralization at a depth of approximately 140 metres below the open pit shell (see Figures 2 and 3 below). Boreholes LADD012 and LADD013 are currently being drilled (LADD011 was abandoned before reaching target depth due to mechanical problems and LADD013 is being drilled in its place).

Commenting on these latest drilling results, Loncor President Peter Cowley said: “Borehole LADD009 is the deepest hole drilled to date at Adumbi as well as the highest value in terms of the product of grade multiplied by true width for the multiple intersections (see Figure 2). These excellent results combined with previous results from the ongoing drilling program indicate that gold grades are increasing with depth. We continue to be excited by the results at Adumbi. The holes from our current drilling program have intersected significant widths and grades and will increase the current open pittable, inferred mineral resource of 2.19 million ounces (28.97 million tonnes grading 2.35 g/t gold) at the Adumbi deposit. Studies are underway to quantify this increase.”

The gold mineralization at Adumbi is associated with a thick package (up to 130 metres) of interbedded banded ironstone and quartz carbonate and chlorite schist with higher grade sections being found in a strongly altered siliceous unit termed “Replaced Rock” (RP) where structural deformation and alteration has completely destroyed the primary host lithological fabric. Disseminated sulphide assemblages include pyrite, pyrrhotite and arsenopyrite which can attain up to 20% of the total rock in places.

The objective of the current drilling program at Adumbi is to outline additional mineral resources to the current inferred mineral resource of 2.5 million ounces of gold on Loncor’s 84.68%-owned Imbo Project which contains the Adumbi, Kitenge and Manzako deposits (inferred mineral resources of 30.65 million tonnes grading 2.54 g/t Au).

Read More: https://agoracom.com/ir/LoncorResources/forums/discussion/topics/757997-deepest-hole-drilled-at-loncor-s-adumbi-deposit-intersects-significant-widths-and-grades-in-multiple-gold-zones/messages/2309710#message

Loncor $LN.ca $LONCF Announces Additional Results from Infill Drilling within Open Pit Shell at its Adumbi Deposit $ABX $NGT $GOLD $TECK

Posted by AGORACOM at 10:17 AM on Thursday, March 4th, 2021
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  • Borehole LADD008 intersects 43.10 metres grading 1.68 g/t Au, 0.78 metres grading 21.8 g/t Au and 14.98 metres grading 3.62 g/t Au, including 3.09 metres grading 13.28 g/t Au

Loncor Resources Inc. (“Loncor” or the “Company“) (TSX: “LN”; OTCQX: “LONCF”; FSE: “LO51”) is pleased to announce further significant assay results from its drilling program within its 84.68% owned Imbo Project in the eastern part of the Ngayu greenstone belt in the Democratic Republic of the Congo. The final infill core hole within the Adumbi open pit shell, LADD008 intersected 43.10 metres grading 1.68 g/t gold, 0.78 metres grading 21.8 g/t gold and 14.98 metres grading 3.62 g/t gold including 3.09 metres grading 13.28 g/t gold.

Mineralized sections for borehole LADD008 are summarised in the table below:

Borehole
Number
From (m)To (m)Intersected
Width (m)
Grade (g/t) Au
LADD008235.05278.1543.101.68
LADD008291.80298.907.101.34
LADD008305.15305.930.7821.8
LADD008323.80338.7814.983.62
LADD008
including
335.75338.783.0913.28


Borehole LADD008 intersected the mineralization at a vertical depth of 272 metres below surface and within the southeastern boundary of the US$1,500 open pit shell (see Figures 2 and 3 below), and had an inclination of minus 65 degrees and azimuth of 218 degrees at the start of hole and regular measurements of inclination and azimuth were taken at 30 metre intervals down the hole. All core was orientated, and it is estimated that the true widths of the mineralised sections are 62% of the intersected width. All intercepted grades are uncut.

Drilling is now focussed on the downdip/down plunge extensions below the open pit shell where the gold mineralization remains open. The deepest core hole of this drilling campaign, LADD009 has now been completed and assays are awaited. Boreholes LADD011 and LADD012 are currently being drilled (LADD010 was abandoned before reaching target depth due to mechanical problems and LADD012 is being drilled in its place).

Commenting on these latest drilling results, Loncor President Peter Cowley said: “We continue to be impressed with the drill results at Adumbi. All four completed infill holes within the open pit shell have intersected significant gold mineralization with an improvement in grade and thickness compared to the previous block model, and further studies will now be undertaken to quantify this increase in terms of mineral resources within the open pit shell.”

The objective of the current drilling program at Adumbi is to outline additional mineral resources to the current inferred mineral resource of 2.5 million ounces of gold on Loncor’s 84.68%-owned Imbo Project which contains the Adumbi, Kitenge and Manzako deposits (inferred mineral resources of 30.65 million tonnes grading 2.54 g/t Au).

Read More: https://agoracom.com/ir/LoncorResources/forums/discussion/topics/756580-loncor-announces-additional-results-from-infill-drilling-within-open-pit-shell-at-its-adumbi-deposit/messages/2306504#message

Loncor $LN.ca $LONCF Defines Four Extensive Mineralized Trends Southeast of Key Adumbi Deposit $ABX $NGT $GOLD $TECK

Posted by AGORACOM at 9:54 AM on Wednesday, February 24th, 2021
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  • Targets Identified at Imbo East
  • Early Stage Exploration Identified 4 Mineralized Trends
  • 9 kms down structure from Current Adumbi Resource

Loncor Resources Inc. (“Loncor” or the “Company“) (TSX: “LN”; OTCQX: “LONCF”; FSE: “LO51”) is pleased to announce that recent soil geochemical results have outlined four significant, undrilled mineralised trends at its 84.68%-owned Imbo Project. The focus of greenfields exploration by Loncor at Imbo East, along trend to the southeast from the 2.5 million ounce Adumbi, Kitenge and Manzako deposits (inferred mineral resources of 30.65 million tonnes grading 2.54 g/t Au) previously delineated in the northwest of the 122 square kilometre project area. Core drilling is currently being undertaken at Adumbi to increase this resource base.

Analytical results have now been received for all soil samples from the completed 5.4 kilometre by 2.3 kilometre grid, east of the Imbo River where soil samples were collected every 40 metres on lines 160 metres apart. Geological mapping, soil geochemical, rock chips and channel sampling of old colonial trenches and artisanal workings have outlined four significant mineralised trends – Esio Wapi, Museveni, Mungo Iko and Paradis – approximately 8 to 10 kilometres southeast of the Adumbi deposit (see Figures 1 and 2 below).  

At Esio Wapi, soil geochemical results have outlined a number of plus 130 ppb Au (parts per billion) gold in soil anomalies with a maximum value of 2,230 ppb Au over a 1.9 kilometre long mineralised trend (see Figure 2 below). As announced previously (see Loncor’s press release dated September 21, 2020), channel sample results from old colonial workings included 19.80 metres grading 1.58 g/t Au (open to the northeast), 8 metres grading 1.11 g/t Au and 5.0 metres grading 1.65 g/t Au in brecciated banded ironstone (BIF) and metasediment. Individual rock sample values included 15.10 g/t and 7.88 g/t Au in quartz veins, 6.39 g/t and 3.08 g/t Au in BIF and 9.06 g/t, 7.91 g/t and 3.24 g/t Au in metasediments.

On the Paradis trend, soil sample results have outlined a broad 1.0 kilometre trend (plus 130 ppb Au) with maximum value of 870 ppb Au. Significant channel samples along the Paradis trend include 6.8 metres grading 5.44 g/t Au (open to the southwest) in metasediments with quartz veins. Individual rock sample values included 22.40 g/t, 5.84 g/t and 2.31 g/t Au in quartz veins.

On the Museveni mineralized trend, anomalous soil samples and artisanal workings occur over a strike of 3.2 kilometres with a maximum value of 5,850 ppb Au in soils.  Channel samples from the artisanal workings include 6.0 metres grading 4.37 g/t Au and 1.40 metres grading 62.10 g/t Au and represent high grade quartz veins in metasediment. Individual rock sample values included 53.90 g/t, 32.80 g/t and 32.60 g/t Au in quartz veins and 18.10 g/t Au in metasediment.

On the Mungo Iko trend, soil samples have outlined a 3.1 kilometre long mineralized trend (plus 130ppb Au) with maximum value of 1,540 ppb Au. Individual rock sample values include 12.30 g/t and 3.50 g/t Au in brecciated BIF, 14.20 g/t, 4.81 g/t, and 3.68 g/t Au in metasediments, and 1.97 g/t Au in quartz veins. Further mapping is required to determine whether the eastern part of the Mungo Iko trend represents a faulted extension of the Esio Wapi trend.

Read more: https://agoracom.com/ir/LoncorResources/forums/discussion/topics/755971-loncor-continues-to-define-four-extensive-mineralized-trends-to-southeast-of-key-adumbi-deposit/messages/2305121#message

Loncor $LN.ca $LONCF Announces Significant Gold Mineralization at Depth from its Flagship Adumbi Deposit $ABX $NGT $GOLD $TECK

Posted by AGORACOM at 11:58 AM on Thursday, February 18th, 2021
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  • Deepest borehole at Adumbi intersects 55.43 metres grading 2.76 g/t Au including 12.45 metres grading 8.11 g/t Au
  • Significant widths and grades will increase the current inferred mineral resource of 2.19 million ounces (28.97 million tonnes grading 2.35 g/t gold) at Adumbi

Loncor Resources Inc. (“Loncor” or the “Company“) (TSX: “LN”; OTCQX: “LONCF”; FSE: “LO51”) is pleased to announce further significant assay results from its drilling program within its 84.68% owned Imbo Project in the eastern part of the Ngayu greenstone belt in the Democratic Republic of the Congo. The deepest borehole drilled to date at its flagship Adumbi deposit, LADD007 intersected 55.43 metres grading 2.76 g/t gold (including 12.45 metres grading 8.11 g/t Au). Assay results were also received for core hole LADD006, which was a shallower hole drilled on the northeastern contact of the Adumbi deposit, with expected grades and widths.

Mineralized sections for boreholes LADD007 and LADD006 are summarised in the table below:

Borehole
Number
From (m)To (m)Intersected 
Width (m)
Grade (g/t) Au
LADD00799.95107.807.851.45
LADD007540.62596.0555.432.76
LADD007
including
583.60596.0512.458.11
LADD007607.90611.273.374.61
     
LADD006299.37302.252.882.64
LADD006308.00309.001.0021.20
LADD006322.10337.3015.201.67
LADD006353.35357.854.503.25

Borehole LADD007 had an inclination of minus 68 degrees and azimuth of 218 degrees at the start of hole and regular measurements of inclination and azimuth were taken at 30 metre intervals down the hole. All core was orientated, and it is estimated that the true widths of the mineralised sections are approximately 89% of the intersected width. All intercepted grades are uncut. Borehole LADD007 intersected the mineralization at a depth of 100 metres below S52 and approximately 40 metres below the open pit (see Figures 2 and 3 below). Borehole LADD006 had an inclination of minus 58 degrees and azimuth of 218 degrees and it is estimated that the true widths of the mineralised sections of LADD006 are approximately 95% of the intersected width.

Commenting on these latest drilling results, Loncor President Peter Cowley said: “We continue to be encouraged by the results at Adumbi. Results from all five boreholes of our current drilling program have intersected significant widths and grades and will increase the current inferred mineral resource of 2.19 million ounces (28.97 million tonnes grading 2.35 g/t gold) at Adumbi. We are especially pleased with the continuity of gold mineralization at depth as highlighted in Figures 2 and 3.”

Read More:https://agoracom.com/ir/LoncorResources/forums/discussion/topics/755604-loncor-announces-significant-gold-mineralization-at-depth-from-its-flagship-adumbi-deposit/messages/2304236#message