News Archives - Page 14 of 19 - BillionDollarClub

MondayMay 08, 2023 11:48 am

BillionDollarBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Releases Q1 2023 Financial, Corporate Report, Announces Earnings Call

Energy Fuels (NYSE American: UUUU) (TSX: EFR) is reporting on its financial results for the quarter ended March 31, 2023; the company also announced that it will host an earning conference call and webcast on May 9, 2023. According to the report, Energy Fuels sold 300,000 pounds of uranium resulting in a gross margin of 58% and 79,344 pounds of vanadium totaling a 37% gross margin of 37%; the company also sold its Alta Mesa property for a total gain of $116.45 million. The report showed that UUUU’s working capital grew with total assets increasing and total liabilities decreasing. Other highlights…

WednesdayApr 19, 2023 3:55 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Publishes Research Offering Evidence of Quantum Annealing’s Unrivaled Performance

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, and the only provider building both annealing and gate-model quantum computers, has published a peer-reviewed milestone paper showing the performance of its 5,000 qubit Advantage(TM) quantum computer is significantly faster than classical compute on an intractable class of optimization problems – 3D spin glasses. The paper also represents the largest programmable quantum simulation reported to date. A collaboration between scientists from D-Wave and Boston University, the paper titled “Quantum critical dynamics in a 5,000-qubit programmable spin glass,” was published in the peer-reviewed journal Nature today and is available here.…

FridayApr 14, 2023 12:39 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Q4 and Year-End 2022 Results

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, and the only commercial provider building both annealing and gate-model quantum computers, today announced financial results for its fourth quarter and fiscal year ended Dec. 31, 2022. “We believe our fourth quarter and 2022 year-end results reflect a clear signal: companies are rapidly embracing today’s quantum technology solutions to drive competitive advantage, now. In this complex economic environment, business leaders are actively looking for ways to improve operational efficiencies, reduce costs, fuel innovation, and increase revenue. We believe that near-term quantum and quantum-hybrid applications are critical for navigating…

ThursdayMar 09, 2023 12:16 pm

BillionDollarBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces 2022 Results, Emergence Among Leading US Producers of Critical Minerals

Energy Fuels (NYSE American: UUUU) (TSX: EFR) on Wednesday announced its financial results for the year ended Dec. 31, 2022. Among the highlights, the company reported a robust balance sheet with $116.97 million of working capital, including $62.80 million of cash and cash equivalents, $12.19 million of marketable securities, $38.16 million of inventory, and no debt. “2022 was an extraordinary year for Energy Fuels as we expanded our U.S. industry-leading uranium business and established a new, sustainable U.S. rare earth supply chain that is already commercially producing the most advanced rare earth material in the U.S. today,” said Mark S.…

WednesdayFeb 15, 2023 12:05 pm

BillionDollarBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Completes Strategic Sale of Alta Mesa Project

Energy Fuels (NYSE American: UUUU) (TSX: EFR) today announced its completion of the sale of three wholly owned subsidiaries that together hold its Alta Mesa ISR Project to enCore Energy Corp. “Energy Fuels’ sale of the Alta Mesa project for $120 million of total consideration is highly strategic for a variety of reasons,” said UUUU CEO and President Mark S. Chalmers. “When combined with our already strong balance sheet, the proceeds from this sale are expected to fully fund our current uranium, vanadium and rare earth business plans through approximately 2024 without the dilution to shareholders one might normally expect,…

MondayFeb 13, 2023 12:28 pm

BillionDollarBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Completes Acquisition of the Bahia Project

Energy Fuels (NYSE American: UUUU) (TSX: EFR) today announced completion of its acquisition of 17 mineral concessions between the towns of Prado and Caravelas in the state of Bahia, Brazil, totaling 15,089.71 hectares (approximately 37,300 acres or 58.3 square miles). According to the announcement, closing of the “Bahia Project” followed the Brazilian Government’s approval of the transfers to Energy Fuels’ wholly owned Brazilian subsidiary Energy Fuels Brazil, Ltda. At the closing, Energy Fuels paid the mineral owners the remaining $21.9 million cash. “Energy Fuels has achieved yet another important milestone for our expanding rare earth business through our acquisition of…

TuesdayJan 10, 2023 12:27 pm

BillionDollarBreaks – Vision Energy Corp. (VENG) Incorporates Dutch Subsidiaries

Vision Energy (OTCQB: VENG), a forward-looking energy company developing carbon reduced solutions for the commercial, industrial and transportation sector, has incorporated new Dutch subsidiaries. These incorporations are designed to accommodate strategic initiatives for prospective partners, operators and launching customers for VENG’s integrated Green Energy Hub development in North Sea Port of Vlissingen, the Netherlands. According to the announcement, Vision Energy incorporated Vision Hydrogen BV as a project development company to develop, own and operate its planned Ammonia Cracking Facility. The facility will be used for back-cracking imported green ammonia to hydrogen gas as a service and will be combined with the…

ThursdayJan 05, 2023 1:18 pm

BillionDollarBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Announces December 2022 BTC Production, Mining Operation Updates

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the bitcoin ecosystem, today released unaudited bitcoin (“BTC”) production and miner installation updates for December 2022. “In 2022, we made significant progress in increasing our hash rate while also transitioning to more sustainable power sources,” said Fred Thiel, Marathon’s chairman and CEO. “Despite challenges earlier in the year, we doubled our hash rate to 7.0 exahashes per second year-over-year, with a majority of it now located at the King Mountain wind farm in West Texas. We finished the year with one of our most productive quarters to date, producing…

ThursdayJan 05, 2023 10:08 am

BillionDollarBreaks – Riot Platforms Inc. (NASDAQ: RIOT) Releases December 2022 Production, Operations Report

Riot Platforms (NASDAQ: RIOT), an industry leader in Bitcoin mining and data center hosting, is reporting unaudited production and operations numbers for December 2022. Highlights of the report note that Riot produced 659 BTC during the month, a 55% increase over the 425 BTC produced in December 2021. In addition, as of Dec. 31, 2022, the company held approximately 6,952 BTC, all produced by Riot’s self-mining operations. Riot also saw net proceeds of some $10.2 million through sales of 600 BTC; in addition, as of the month end, the company had deployed fleet of 88,556 miners, with a hash rate…

ThursdayDec 29, 2022 10:19 am

BillionDollarBreaks – Tingo Inc. (TMNA) Partners with Dozy Mmobousi to Open Leadership Centre

Tingo (OTC: TMNA), a leading agrifintech business in Africa, and Dozy Mmobuosi, renowned technology entrepreneur and philanthropist, have together unveiled the Dozy Mmobuosi Leadership Centre (DMLC), located in Oxford, United Kingdom. The centre is designed to offer a monthlong, in-person transformational leadership program for entrepreneurs and those involved in both private and public service. The centre is scheduled to welcome its first cohort of approximately 35 African leaders in February 2023. The centre can also be used as a meeting point for world leaders and researchers for high-level events. According to the announcement, Rt. Hon. Mark Simmonds will serve as the chair…

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