BillionDollarBreaks Archive - Page 18 of 19

MondayJun 06, 2022 1:40 pm

BillionDollarBreaks – Tingo Inc. (TMNA) Reports on Annual Shareholder Meeting Results

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, held its Annual Meeting of Stockholders last week. The meeting, which convened on June 2, 2022, had three agenda items, including the election of director nominees. The report noted that shareholders elected 10 director nominees for one-year terms. The nominees include Adewale Adebayo, John J. Brown, Christophe Francois Charlier, Christopher Cleverly, Gurjinder Johal, Leslie Kasumba, Dozy Mmobuosi, Onyekachi Onubogu, Dakshesh Patel and Derrick Randall. In addition, shareholders unanimously ratified the appointment of Gries & Associates LLC as Tingo’s independent accountants for the 2022 fiscal year and approved the compensation paid to the…

ThursdayMay 26, 2022 12:22 pm

BillionDollarBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Elects Directors at Annual Meeting of Shareholders

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, held the election of directors at its annual meeting of shareholders. The meeting was held virtually on May 25, 2022. During the meeting, the 10 nominees that were proposed for election by management were successfully elected. Elections were held via both proxy and electronic poll. The newly elected directors are J. Birks Bovaird, Mark S. Chalmers, Behamin Eshleman III, Ivy V. Estabrooke, Barbara A. Filas, Bruce D. Hansen, Jaqueline Herrera, Dennis L. Higgs, Robert W. Kirkwood and Alexander Morrison. All directors were elected by at…

ThursdayMay 19, 2022 1:03 pm

BillionDollarBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Enters Agreement for Major Rare Earth Land Position in Brazil

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, has signed binding agreements to secure an estimated 58.3 square-mile, heavy-mineral sand position. The agreements cover the acquisition of 17 mineral concessions located between Prado and Caravelas, towns in the state of Bahia, Brazil. Called the Bahia Project, the area has potential to feed the Energy Fuel’s White Mesa Mill with rare earth element and uranium bearing natural monazite sand for decades. “This is another very significant step in Energy Fuels' development as a major global rare earth element producer based in the United States,” said…

TuesdayMay 17, 2022 11:47 am

BillionDollarBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Q1-2022 Results, to Host Video Webcast

Energy Fuels (NYSE American: UUUU) (TSX: EFR) today announced its financial results for the quarter ended March 31, 2022. Among the highlights, the company reported a robust balance sheet with $136.6 million of working capital, including $105.8 million of cash and marketable securities, $29.7 million of inventory, and no short- or long-term debt. “Energy Fuels continues to benefit from increases in the prices for all of the critical elements and materials we produce,” said Mark S. Chalmers, Energy Fuels’ president and CEO. “Though volatile, uranium prices have continued to exhibit strength and resilience, which we expect to continue as Russia’s…

FridayApr 29, 2022 3:16 pm

BillionDollarBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Stands Distinct in REE Processing, Production Capabilities

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based uranium mining company that is also moving faster than any other company to re-establish a domestic rare earth elements (“REE”) supply chain, appears set to benefit from growth of the global REE market. A recent Mordor Intelligence article is reporting that the sector has reached an estimated 161,354.65 tons this year, with an expected compound annual growth rate (“CAGR”) of more than 4% between now and 2027. “According to Mordor, factors driving the growth of the market include high demand from emerging economies and dependency of ‘green technology’ on rare…

WednesdayApr 27, 2022 2:07 pm

BillionDollarBreaks – Tingo Inc. (TMNA) Driven to Provide Technology Solutions, Positive Social Impact

Tingo (OTC: TMNA) founder and CEO Dozy Mmobuosi has spearheaded the company’s growth from an upstart selling ringtones to mobile phone networks into a robust agri-fintech ecosystem, a cellular network catering to rural locations, a leading mobile payment application (TingoPay), a digital agri-marketplace branded Nwassa, and nearly 10 million users in Nigeria that undergird annual revenue of $860+ million. “The company is driven to provide technology solutions for rural farmers in Nigeria to allow them to compete and prosper in wider markets rather than be confined to local sales.…. Tingo is focused on providing rural farmers affordable mobile phones and…

FridayApr 22, 2022 2:05 pm

BillionDollarBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Poised Amid Strong Support for Nuclear Energy

Energy Fuels (NYSE American: UUUU) (TSX: EFR) is well positioned as clean energy has become a top priority worldwide. A recent article discussing this shines the spotlight on Capitol Hill and strong bipartisan support for nuclear energy. Energy Fuels, a member of the Nuclear Energy Institute (“NEI”), is among the companies paying close attention as hallmark pieces of legislation have demonstrated that carbon-free, always-on nuclear power is an indispensable driver of the clean energy future. The article discusses the “Build Back Better Act, which is currently on the back burner but contains broadly supported climate provisions that include a production…

WednesdayApr 13, 2022 12:00 pm

BillionDollarBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Marks Historic Week with Shipments of Uranium, Vanadium, REE

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, hit a critical mineral “trifecta” this month, making commercial shipments of uranium, vanadium and advanced rare earth materials — all in a single week. According to the announcement, the company shipped natural uranium concentrates (“U308”) to the Metropolis Works uranium conversion facility in Metropolis, Illinois; vanadium pentoxide (“V205”) to the Bear Metallurgical Company in Butler, Pennsylvania; and high-purity mixed rare earth element (“REE”) carbonate to the Neo Performance Materials facility in Estonia. “I believe the week of April 4, 2022, will go down as one of the most important weeks in…

FridayApr 01, 2022 1:38 pm

BillionDollarBreaks – Tingo Inc. (TMNA) Engages Financial Advisor, Releases Annual Report

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, is reporting its audited financial results for the year ended Dec. 31, 2021; the report included proforma financial results for Tingo Mobile because of the acquisition of the company, which is Tingo’s principal operating subsidiary. According to the announcement, TMNA reported 2021 revenues and operating income on a proforma basis for Tingo Mobile of $865.9 million and $327.1 million respectively. The report also showed upward growth of 48% in year-on-year revenues and 63% growth in year-on-year operating income. The report also indicated that Tingo’s NWASSA, its ESG-empowering agri-fintech marketplace platform, also saw…

FridayMar 25, 2022 3:26 pm

BillionDollarBreaks – Tingo Inc. (TMNA) Committed to Uniting Commercial Success with Shared Prosperity

Tingo (OTC: TMNA) is eyeing a potential expansion beyond its domestic market – Nigeria – to elevate opportunities for rural communities across Africa. Tingo is poised to grow into a truly pan-African company and is seeking to increase its market footprint across 19 countries on the continent. “Uncompromised in its commitment to uniting commercial success with shared prosperity, Tingo doubles down on its efforts to become a truly global company, one built from the ground up within Africa… In its 21-year long journey, Tingo has always been focused on delivering value beyond commercial success. What started as an entrepreneurial endeavor…

The exclusive home of the biggest and brightest companies covered by IBN.

Contact us: (512) 354-7000

GreenEnergyNewsBreaks