Monday, October 31, 2022

MissionIRNewsBreaks – Cerberus Cyber Sentinel Corp. (NASDAQ: CISO) Ideally Positioned as Cybersecurity Industry Surges

 Cerberus Sentinel (NASDAQ: CISO), an industry leader as a managed cybersecurity and compliance provider based in Scottsdale, Arizona, is poised to profit as the cybersecurity industry prepares for rapid growth. A recent Cybersecurity Report published by McKinsey & Company highlighted this forecasted rise, citing a new survey revealing a $2 trillion market opportunity for cybersecurity technology and service providers. The publication reads, “In the face of this cyber onslaught, organizations around the world spent around $150 billion in 2021 on cybersecurity, growing by 12.4 percent annually. However, set against the scale of the problem, even this ‘security awakening’ is probably insufficient. A survey of 4,000 midsized companies suggests that threat volumes will almost double from 2021 to 2022. According to the survey, nearly 80 percent of the observed threat groups operating in 2021, and more than 40 percent of the observed malware, had never been seen previously. These dynamics point to a nearly $2 trillion addressable market opportunity — ten to 15 times the total level of spending today.”

To view the full report, visit https://ibn.fm/UxAuX

About Cerberus Cyber Sentinel Corp.

Cerberus Sentinel is an industry leader as a managed cybersecurity and compliance provider. The company is rapidly expanding by acquiring world-class cybersecurity, secured managed services and compliance companies with top-tier talent that utilize the latest technology to create innovative solutions to protect the most demanding businesses and government organizations against continuing and emerging security threats and compliance obligations. For more information, visit the company’s website at www.CerberusSentinel.com.

NOTE TO INVESTORS: The latest news and updates relating to CISO are available in the company’s newsroom at https://ibn.fm/CISO

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
Editor@MissionIR.com

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

MissionIRNewsBreaks – Eloro Resources Ltd.’s (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Drill Program Unearths Significant Proportions of Precious Metals

 Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, recently released positive results from its fully financed drill program at its Iska Iska project in Bolivia. “Results from the company’s diamond drilling program – a process that uses diamond drills to extract solid cores deep within the site – revealed significant proportions of precious metals from 21 drill holes, including five surface and two underground holes. In addition, the new data extends the zone a further 250 meters to the south-southeast, with a potential overall strike length of at least 2 kilometers, according to a 3D inverse magnetic model,” a recent article reads. “We put out another blockbuster release today (with an) absolutely remarkable drill hole of 440 meters long – almost four and a half football fields. Excellent grade 150 grams silver colloid with a lot of zinc, lead, silver, and some tin. We had another higher-grade hole that was 185 grams silver per tonne, with a lot more silver (at) almost 45 grams per tonne, with lead, copper and tin,” Bill Pearson, Eloro’s EVP of Exploration, is quoted as saying.

To view the full article, visit https://ibn.fm/vmff5

About Eloro Resources Ltd.

Eloro is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. Eloro has an option to acquire a 99% interest in the highly prospective Iska Iska Property, which can be classified as a polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi Department, in southern Bolivia. A recent NI 43-101 technical report on Iska Iska, which was completed by Micon International Limited, is available on Eloro’s website and under its filings on SEDAR. Iska Iska is a road-accessible, royalty-free property. Eloro also owns an 82% interest in the La Victoria Gold/Silver Project, located in the north-central mineral belt of Peru some 50 km south of Barrick’s Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine. La Victoria consists of eight mining concessions and eight mining claims encompassing approximately 89 square kilometers. La Victoria has good infrastructure with access to road, water and electricity and is located at an altitude that ranges from 3,150m to 4,400m above sea level. For more information about the company, visit www.EloroResources.com

NOTE TO INVESTORS: The latest news and updates relating to ELRRF are available in the company’s newsroom at https://ibn.fm/ELRRF

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
Editor@MissionIR.com

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html


MissionIRNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports Higher-than-Expected Preorders for Mullen FIVE Electric-SUV Crossover

 Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is accepting preorders for its Mullen FIVE vehicle, and the company’s Strikingly Different EV Crossover Tour has had a significant impact on those orders. The tour kicked off earlier this week, and preorders for the new SUV crossover quadrupled in the period leading up to and during the tour’s first stop in Pasadena, California. Those who attend the tour can take a test drive in the new EV, with a professional driver at the wheel; they also have an opportunity to interact with the vehicle’s innovative infotainment system and see PERSONA, Mullen’s exclusive Personal Vehicle Assistant (PVA), in action. Upcoming locations for the tour in November include Anaheim, California; Las Vegas; and Dallas and Houston, both in Texas. December locations include Memphis, Tennessee; Miami, Florida; Atlanta, Georgia; and Charlotte, North Carolina. “The incredible response we are receiving for the Mullen FIVE on tour is a repeat of what we witnessed last November at the FIVE’s LA Auto Show world debut —confirming very high interest in this EV,” said Mullen Automotive CEO and chair David Michery in the press release. “It is very gratifying to see the FIVE reservations pour in and the tour slots fill up in a matter of minutes.”

To view the full press release, visit https://ibn.fm/CbQOy

About Mullen Automotive Inc.

Mullen is a Southern California-based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions. Mullen has evolved over the past decade in sync with consumers and technology trends. Today, the company is working diligently to provide exciting EV options built entirely in the United States and made to fit perfectly into the American consumer’s life. Mullen strives to make EVs more accessible than ever by building an end-to-end ecosystem that takes care of all aspects of EV ownership. To learn more about the company, visit www.MullenUSA.com.

NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://ibn.fm/MULN

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
Editor@MissionIR.com

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Correlate Infrastructure Partners Inc. (CIPI) Looking to Capitalize on the Projected Growth of the US Renewable Power Sector

 

  • The Inflation Reduction Act of 2022 (“IRA”) is set to boost the development of solar, wind, and big batteries, by at least 20% through 2030, with a target of 364 gigawatts of the capacity of solar energy alone
  • BNEF projects that by 2030, solar power plants will have three times the capacity of all United States solar plants in operation in 2021, 21% higher than the initial forecast before the IRA was signed in August
  • Correlate’s understanding of the renewable energy market, and the competence of its leadership, position it to take advantage of the ongoing energy transition and the opportunities therein

Correlate Infrastructure Partners (OTCQB: CIPI), a portfolio-scale real estate platform, is eying a significant growth potential in market capitalization in the coming years. Todd Michaels, the company’s President and Chief Executive Officer (“CEO”), has lauded his team’s efforts so far and the progress that the company has made as it works towards being “the first profitable, rapidly-growing publicly-traded clean energy company.”

A recent law signed by the President is set to boost the development of solar, wind, and big batteries by at least 20% through 2030. Dubbed the Inflation Reduction Act (“IRA”) of 2022, the law looks to lower energy costs, increase cleaner production, and reduce carbon emissions by roughly 40% by 2030 (https://ibn.fm/KFq50). Companies such as Correlate are set to benefit from the Act in terms of tax credits for renewable technologies. They will also facilitate the construction of solar power plants with a target of 364 gigawatts of capacity by 2030 (https://ibn.fm/96dwu).

Correlate’s understanding of the renewable energy market, coupled with the competence of its leadership, positions it to take advantage of this ongoing transition and the opportunities therein. In addition, it places Correlate in a strategic position to become one of the biggest beneficiaries of this energy change and a key player in shaping renewable energy adoption and usage in the United States and beyond.

By 2050, installed solar photovoltaic (“PV”) capacity globally is projected to grow 20-fold, with the technology representing 38% of all electricity production. It is also projected that by 2050, in addition to the net zero emissions goals, the average Levelized Cost of Energy (“LCOE”) for solar PV will fall from the current $50/MWh to around $30/MWh, with individual projects costing well below $20/MWh (https://ibn.fm/lha7L). Correlate is looking to take advantage of this and become an integral player, not just in installing solar power systems but maintaining them over time for the benefit of the consumers.

Bloomberg New Energy Finance (“BNEF”) projects that by 2030, solar power plants will have three times the capacity of all United States solar establishments in operation in 2021. This is 21% higher than BNEF’s initial forecast before the IRA was signed in August.

Correlate looks to capitalize on this projected growth as it works to achieve both its short-term and long-term objectives while also playing a pivotal role in the energy evolution in the first place. Its management is confident in the company’s current trajectory and is optimistic about the company’s market capitalization growth.

With an opportunity pipeline of over $100 million in commercial projects and more than $20 million in awarded backlog, Correlate is a testament to the overall shift to renewable energy sources, the viability of solar energy, and its importance in achieving the 2050 net zero emissions target.

For company information, visit the company’s website at www.CorrelateInfra.com, including the following:

NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI

About MissionIR

MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

For more information, visit www.MissionIR.com

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
Editor@MissionIR.com

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html


EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Expanding RNG Across Canada, Backed by Long-Term Contracted Revenue

 

  • EverGen expanding RNG infrastructure across Canada with projects in British Columbia, Alberta, Ontario
  • RNG demand and pricing unpredictable in US due to carbon credit system
  • Canada’s RNG companies have competitive advantage over US companies due to long-term offtake agreements for energy derived from RNG projects

Renewable natural gas (“RNG”) is considered carbon-neutral because it is produced by decomposing organic materials such as animal and food waste that otherwise would produce methane if left to decay naturally. In addition, RNG production does not pollute the air, water or land like traditional natural gas extraction methods while still being fully compatible with the existing pipeline system.

EverGen Infrastructure (TSX.V: EVGN) (OTCQX: EVGIF), an energy company that is developing Canada’s RNG Infrastructure Platform, is leading RNG development by acquiring, developing, building, and operating a portfolio of RNG, waste-to-energy, and related infrastructure projects. The company aims to expand its network across the country with support from Canada’s energy sector – an environment that provides significant advantages compared to the United States.

“In Canada, we can build infrastructure with certainty of long-term contracted revenue,” said EverGen Co-Founder and CEO Chase Edgelow in a recent interview (https://ibn.fm/73n3c). “This is different from the US model, which is reliant on carbon credits which have a pricing mechanism that can be difficult to predict.”

“What’s unique about this landscape and industry in Canada comes from what we see as a really strong tailwind for our business:  the strength of the Canadian regulated gas utilities in terms of providing long-term offtake agreements for energy derived from these RNG projects.”

EverGen is expanding nationwide, starting in the West with three British Columbia projects and one in Alberta. With a focus on the East, the company recently acquired a 50 percent interest in Project Radius – a portfolio of RNG development projects in Ontario that can collectively produce approximately 1.7 million RNG GJ/year.

“When you add it all together, we’ve got a business capable of delivering $30 million of EBITDA from the portfolio that we have in front of us, and we see 25+ projects in Canada that could deliver 4x growth beyond that, said Edgelow (https://ibn.fm/WMarn).

“There’s a tremendous amount of opportunity in this space right now.”

Besides growing sustainable energy alternatives in Canada, EverGen is equally dedicated to achieving “Net Zero” – a global initiative to reach carbon neutrality by 2050. With Net Zero in focus, Canada’s natural gas utilities set targets to blend RNG into natural gas streams at a rate of 5 percent by 2025 and 10 percent by 2030 (https://ibn.fm/ElShD).

Based in Vancouver, British Columbia, EverGen is an established independent renewable energy producer committed to a carbon-neutral future. The company currently focuses on building its network in Canada with the long-term goal of developing RNG infrastructure throughout North America and beyond.

For more information, visit the company’s website at www.EverGenInfra.com.

NOTE TO INVESTORS: The latest news and updates relating to EVGIF are available in the company’s newsroom at https://ibn.fm/EVGIF

About MissionIR

MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

For more information, visit www.MissionIR.com

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
Editor@MissionIR.com

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html


Monday, October 24, 2022

MissionIRNewsBreaks – Tingo Inc. (TMNA) Enters Trade Agreement with Nigeria Ag/Commodities Umbrella Organization

 Tingo (OTC: TMNA), a leading agri-fintech business in Africa, has signed a trade agreement with the All Farmers Association of Nigeria (“AFAN”). Tingo has signed a merger agreement to be acquired by MICT Inc. (NASDAQ: MICT); AFAN is the umbrella body of the 56 recognized commodities and agricultural associations in Nigeria. According to the agreement, AFAN will add a minimum of 20 million additional subscribers, which would more than triple Tingo Mobile’s current 9.3 million customer base. For its part, Tingo will provide an array of value-added products and services, including Tingo-branded smartphones, access to the Nwassa agri-fintech marketplace platform and the TingoPay Fintech super-app, and VISA-Tingo debit and credit cards. In addition, Tingo offers a wide range of agricultural products and tools, such as farming equipment, seeds, fertilizer and pesticides, as well as warehousing, transport and storage services. Tingo will also provide customers with the chance to wholesale produce locally and nationally, and export surplus produce. The announcement noted that most of the new subscribers will be owners of small- and medium-sized agricultural enterprises. “Over the past two decades, we have steadily built Tingo Mobile to support our loyal customer base of 9.3 million farmers, including more recently through the introduction of our Nwassa agri-fintech platform and our TingoPay fintech platform,” said Tingo founder and CEO Dozy Mmobuosi in the press release. “We are incredibly excited to expand our customer base to include the members of AFAN, not least as we aim to empower such members through our technology, for example, by helping them to increase crop-yields and better commercialize their agricultural products in both the national and global markets. Having today significantly further strengthened our position in Nigeria, our goal is to roll-out the Tingo Mobile model to other countries where we will continue to focus our efforts on these underserved agricultural producers and small business owners around the world.”

To view the full press release, visit https://ibn.fm/Q7ojo

About Tingo Inc.

Tingo is the leading agri-fintech company operating in Africa, with a marketplace platform that empowers social upliftment through mobile, technology and financial access for rural farming communities. Tingo’s novel “device as a service” model allows it to add market leading applications to enable customers to trade, buy top ups, pay bills, and access insurance and lending services. With 9.3 million existing customers, Tingo is seeking to expand its operations across select markets in Africa. Tingo’s strategic plan is to become the eminent Pan-African agri-fintech business delivering social upliftment and financial inclusion to millions of SME farmers and women-led businesses. Tingo, including its subsidiary Tingo Mobile, offers its comprehensive platform service through use of smartphones — “device as a service” using GSM technology — to empower a marketplace to enable subscribers/farmers within and outside of the agricultural sector to manage their commercial activities of growing and selling their production to market participants both domestically and internationally. For more information, visit the company’s website at www.TingoGroup.com.

NOTE TO INVESTORS: The latest news and updates relating to IWBB are available in the company’s newsroom at https://ibn.fm/TMNA

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
Editor@MissionIR.com

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html