Rare Earth Breaking News - Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Announces AGM Results; @defensemetals

Rare Earth Breaking News - Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Announces AGM Results; @defensemetals

 

VANCOUVER, BC - December 19, 2024 (Investorideas.com Newswire) Defense Metals Corp. ("Defense Metals" or the "Company") (TSX-V:DEFN / OTCQB:DFMTF/ FSE: 35D) is pleased to announce the voting results of its annual general meeting of shareholders that took place December 18, 2024 (the "AGM").

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of Defense Metals Corp.

 

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2024/12191DEFN-AGM-Results.asp

At the AGM, the shareholders set the size of the board of directors at five. Detailed voting results regarding the election of the directors are as set out in the following table:

 

Shareholders also approved:

• The appointment of Crowe MacKay LLP as the auditor for Defense Metals for the ensuing fiscal year;
• The authorization for the directors to fix the remuneration paid to the auditor; and
• A resolution approving the Company's new 10% rolling omnibus incentive plan.

 

About Defense Metals Corp. and its Wicheeda Rare Earth Element Project

Defense Metals Corp. is focused on the development of its 100% owned, 11,800-hectare (~29,158-acre) Wicheeda REE Project that is located on the traditional territory of the McLeod Lake Indian Band in British Columbia, Canada.

 

The Wicheeda REE Project, approximately 80 kilometres (~50 miles) northeast of the city of Prince George, is readily accessible by a paved highway and all-weather gravel roads and is close to infrastructure, including hydro power transmission lines and gas pipelines. The nearby Canadian National Railway and major highways allow easy access to the port facilities at Prince Rupert, the closest major North American port to Asia.

 

For further information, please visit www.defensemetals.com or contact:

Alex Heath
Senior Vice President, Corporate Development & Interim CFO
Tel: +1 604-354-2491
Email: alex@defensemetals.com

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

SOURCE Defense Metals Corp.

 

Defense Metals Corp. (TSX-V:DEFN /OTCQB:DFMTF) is a featured mining stock on Investorideas.com

 

More info on DEFN.V at Investorideas.com Visit: https://www.investorideas.com/CO/DEFN/

 

Get News Alerts on Defense Metals Corp DEFN

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure   this  DEFN news is a paid  featured annual mining stock  on investorideas.com – learn more about costs and services https://www.investorideas.com/News-Upload/  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp  Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

About Investorideas.com                                           

https://www.investorideas.com/About/

 

Sign up for free stock news alerts at Investorideas.com

https://www.investorideas.com/Resources/Newsletter.asp

 

Renewable Energy Stocks: investing ideas in renewable energy stocks

Like Renewable Energy Stocks? View our 

Renewable Energy Stocks Directory

Get News Alerts on Renewable Energy Stocks

 

Mining Sector Stocks- investing ideas in mining stocks

Like Mining Stocks? View our Mining Stocks Directory 

 Get News Alerts on Mining Stocks

 

Finding Sustainability in Bitcoin Mining – Stocks to watch; (NASDAQ: $AGRI), (NASDAQ: $MARA) (TSX.V: $HIVE.V) (NASDAQ: $HIVE)

 

 

 

 

Finding Sustainability in Bitcoin Mining – Stocks to watch; (NASDAQ: $AGRI), (NASDAQ: $MARA) (TSX.V: $HIVE.V) (NASDAQ: $HIVE)

 

December 16, 2024 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource covering water and renewable energy stocks issues a new edition of the Investorideas.com Cleantech Podcast with host Dawn Van Zant, looking at sustainability in bitcoin mining and some of the key players making it happen.

 

Stocks mentioned include. AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI), MARA (NASDAQ: MARA) and HIVE Digital Technologies Ltd. (TSX.V: HIVE) (NASDAQ: HIVE).

 

Listen to the podcast on Spreaker

https://www.spreaker.com/episode/finding-sustainability-in-bitcoin-mining-stocks-to-watch--63339557

 

Listen to the Cleantech Podcast at Investorideas.com on Spotify

 

Read this in full at https://www.investorideas.com/news/2024/cleantech-podcasts/12161Finding-Sustainability-in-Bitcoin-Mining.asp

 

Transcript:

 

As Bitcoin  ( BTC: USD) raced past $105,000 Sunday , miners that show greater profitability and mine in a way  that is sustainable, not  putting more strain on the current grid system will come out as big winners for  investors.

 

On December 3, AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI), a leading intellectual property-driven technology company, announced the completion of its acquisition of a bitcoin mining facility in Sturgeon County, Alberta. Acquired for $1.5 million in cash, this cutting-edge facility represents a cornerstone of AgriFORCE's integrated strategy, blending sustainable energy, advanced data operations, and innovative agricultural solutions.

 

The facility, powered by 1.2 MW of natural gas energy, currently supports over 130 bitcoin mining units and has the scalability to accommodate up to 250 units. This capability delivers immediate and long-term revenue streams while advancing environmental sustainability through the use of flare natural gas-powered operations. These efficiencies create additional opportunities for income generation by integrating high-yield agricultural initiatives.

 

Chairman David Welch highlighted the strategic benefits of this acquisition:

“This facility exemplifies our ability to execute on a self-sustaining, scalable business model. By generating revenue from bitcoin mining and seamlessly integrating sustainable agriculture operations, we can offset operational costs and retain the Bitcoin we mine ('HODL'). This positions us to maximize the future value of our assets while maintaining operational efficiency and financial stability. It’s a forward-looking strategy that aligns perfectly with our commitment to innovation, sustainability, and long-term stakeholder value.”

 

Also on December 3^rd,  MARA (NASDAQ: MARA) , a global leader in leveraging digital asset compute to support the energy transformation, announced entering into a definitive agreement to acquire a wind farm in Hansford County, Texas, with 240 MW of interconnection capacity and 114 MW of nameplate wind capacity. This acquisition represents a major step forward in MARA’s objectives to convert underutilized sustainable resources into economic value, achieve near-zero energy cost, and enable broader renewable energy deployment.

 

MARA will develop and operate a behind-the-meter data center powered entirely by the site’s 114 MW of wind capacity at zero-marginal energy cost. By operating a data center at this site, MARA expects to take wind demand off the grid – alleviating grid congestion, enabling renewable energy development, and building local power demand.

 

“This acquisition serves as a blueprint for how the energy and data center sectors can collaborate to create long-term value while advancing sustainability initiatives,” said Fred Thiel, MARA’s Chairman and CEO. “By repurposing machines and energizing them with 100% renewable, zero-marginal energy cost, we’re leveraging renewable resources that would have otherwise been curtailed, reducing our bitcoin production costs through vertical integration, and demonstrating MARA’s commitment to environmental stewardship.”

 

The site will utilize last-generation ASIC mining hardware that would have otherwise been written off or sold into the secondary market. MARA’s approach, called the Advanced ASIC Retirement Initiative, creates a more sustainable and capital-efficient alternative to discarding retired machines, providing an avenue for the hardware to continue operating profitably beyond their normal lifecycle, utilizing wind power that would otherwise have been curtailed.

Also in early December , HIVE Digital Technologies Ltd. (TSX.V: HIVE) (Nasdaq: HIVE) a global leader in sustainable blockchain infrastructure, announced a transformative step forward with the acquisition of 8.6  (Exahash) EH/s of Bitmain S21+ Hydros. This purchase will increase HIVE’s Bitcoin mining hashrate to 15 EH/s of high-margin, self-mining capacity by summer 2025. These state-of-the-art miners deliver an industry-leading efficiency of 15 J/TH (joules per terahash) and 319 TH/s per unit, which will be powered by HIVE’s green energy infrastructure in Paraguay.

 

Frank Holmes, Executive Chairman of HIVE, stated: “Once fully deployed, our strategic expansion to 15 (Exahash) EH/s will propel HIVE to over $300 million in annualized revenue and deliver more than $200 million in mining margin, based on current mining economics. At 2% of the Bitcoin network’s total hashrate, we expect to produce approximately 9 Bitcoin per day at the current difficulty level, supporting HIVE's clear vision for scaling our operations while sourcing green hydro energy and driving significant value for shareholders.”

 

HIVE’s initial order comprises 13,480 units, representing 4.3 (Exahash) EH/s of hashrate capacity, scheduled for delivery in April and May 2025. This acquisition was secured at an exceptionally competitive price of $14/TH. (Terahash)

 

Additionally, the Company has a call option to purchase an additional 13,480 units within one year, bringing the potential total order to 26,960 units, or 8.6 EH/s (Exahash) of cutting-edge mining capacity.

 

By Q1 2025, HIVE will achieve a hashrate of 6.4 EH/s (Exahash) following the internal upgrades of its existing 30 J/TH (joules per terahash) fleet and the installation of 11,500 Canaan Avalon units. These upgrades will elevate the Company’s global mining efficiency to 19.5 J/TH (joules per terahash)

 

 Upon full execution and installation of the Bitmain order, HIVE will reach 15 EH/s (Exahash) of global hashrate capacity, with a blended fleet efficiency of 17 J/TH (joules per terahash)

 

HIVE’s CEO and President, Aydin Kilic, commented: “Our primary focus is delivering exceptional ROI for our shareholders. This strategic purchase and deployment of highly efficient 15 J/TH (joules per terahash) miners in Paraguay will significantly enhance our profitability and substantially lower our Bitcoin mining break-even point at current difficulty levels.”

 

Mr. Kilic continued, “With this deployment, we project an ROI of approximately 10 months, taking in to account current hashrate economics of $60/PH (Petahash) per day after accounting for electrical and direct operating costs. This positions HIVE for strong profitability and sustainable long-term growth.”

 

One of the biggest criticisms bitcoin mining receives is the amount of energy it uses, but these companies are getting the message and making sustainability a priority, and other miners are jumping on board.

 

Research bitcoin and crypto stocks with the free stock directory at Investorideas.com

https://www.investorideas.com/Bitcoin-Cryptocurrency/Stocks_List.asp

 

Thanks, that's it for today. Do something good for this beautiful planet each and every day.

 

Host Dawn Van Zant is a female pioneer in the financial markets sitting in every seat as a trader, a broker, IR and PR before finally starting my own site. Van Zant has been featured in interviews in Business Week, CNN Financial TV, CBS Market watch radio and other financial publications online, radio and print, talking about renewable energy, water and homeland defense stocks.

 

Research renewable energy stocks at Investorideas

https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

 

Research water stocks at Investorideas

https://www.investorideas.com/Water-Stocks/Stock_List.asp

The Investorideas.com podcasts are also available on Apple Podcasts, Audible, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts and most audio platforms available.

Listen to Investorideas.com Podcasts on Spotify

 

 

Visit the Podcast page at Investorideas.com:

https://www.investorideas.com/Audio/

 

About Investorideas.com - Big Investing Ideas

Investorideas.com is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Paid content is always disclosed.

Disclaimer/Disclosure:  Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

Learn more about our news, PR and social media, podcast and ticker tag services at Investorideas.com

https://www.investorideas.com/Investors/Services.asp

 

Learn more about digital advertising and guest posts

https://www.investorideas.com/Advertise/

 

Follow us on X @investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

 

Contact Investorideas.com

800 665 0411

 

 

Renewable Energy Stocks: investing ideas in renewable energy stocks

Like Renewable Energy Stocks? View our Renewable Energy Stocks Directory

Get News Alerts on Renewable Energy Stocks

 

 

New Stocks to Watch in Water and Beverage; (Nasdaq: $SCWO) (5328.KL) ($EIEL.NS) ($COXG.MC) (NYSE: $WTRG) (Nasdaq: $IBG) (NASDAQ: $IMG)

New Stocks to Watch in Water and Beverage; (Nasdaq: $SCWO) (5328.KL) ($EIEL.NS) ($COXG.MC) (NYSE: $WTRG) (Nasdaq: $IBG) (NASDAQ: $IMG)

 

 

 

December 13, 2024 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces today’s roundup of stocks to watch in the water and beverage sectors.

 

The newest water companies deal in wastewater treatment, water treatment and water beverages.

 

The latest beverage companies provide alcoholic and non-alcoholic brands, and provide digital marketing, sales and distribution, respectively.

 

New stocks added today: 374Water Inc. (Nasdaq:SCWO), Life Water Bhd, (5328.KL), Enviro Infra Engineers (EIEL.NS), Cox ABG Group SA (COXG.MC), Essential Utilities, Inc. (NYSE:WTRG), Innovation Beverage Group Limited (Nasdaq:IBG), CIMG Inc. (NASDAQ: IMG)

 

Read this in full at https://www.investorideas.com/news/2024/main/12131Stocks.asp

 

Investor Ideas is always researching and searching for new stocks to add to our growing list of free stock directories. The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

 

New Stocks Added to the Water Directories:

374Water Inc. (Nasdaq:SCWO) is a global cleantech company providing innovative solutions addressing wastewater treatment and waste management issues within the municipal, federal and industrial markets. 374Water's AirSCWO technology is designed to efficiently destroy and mineralize a broad spectrum of organic non-hazardous and hazardous organic wastes producing safe dischargeable water streams, safe mineral effluent, safe vent gas, and recoverable heat energy. 374Water's AirSCWO technology has the potential to assist its customers to meet discharge requirements, reduce or eliminate disposal costs, remove bottlenecks, and reduce litigation and other risks. 374Water continues to be a leader in innovative waste treatment solutions, dedicated to creating a greener future and eradicating harmful pollutants.

 

Life Water Bhd, (5328.KL) After years of constant improvement, Life Water Industries Sdn. Bhd. has now become a prominent figure in the beverage manufacturing industry in Sabah. The company has always believed and persist with idea of “Making Quality Beverages Affordable for Everyone”. Life Water Berhad, an investment holding company, manufactures and sells drinking water, carbonated drinks, and other drinks in Malaysia. It also manufactures and sells plastic bottles, preforms, caps, and related products. In addition, it offers transportation services.

 

Enviro Infra Engineers (EIEL.NS) engages in the design, construction, operation, and maintenance of water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities and bodies in India. Its WWTPs includes sewage treatment plants with sewage network schemes and common effluent treatment plants; and WSSPs includes water treatment plants with pumping stations and laying of pipelines for water supply. The company was incorporated in 2009 and is based in Delhi, India.

 

Cox ABG Group SA (COXG.MC) is a Spain based company primarily engaged in the electric utilities industry. The Company's main activities are developing, planning, marketing, establishing and/or operating projects, photovoltaic systems, wind or water generators and all types of equipment, systems and generation elements of all kinds. Cox Abg Group completed projects in countries such as the United Arab Emirates, Morocco, Saudi Arabia and Ghana. COX WATER Cox Water leads with advanced technologies in desalination and water treatment, managing 10% of the world’s installed capacity and facing this critical challenge. Full water cycle: Desalination, Potabilization, Water waste & treatment, Industrial water, Water infrastuctures, Irrigation, Development boost

 

Essential Utilities, Inc. (NYSE:WTRG) delivers safe, clean, reliable services that improve quality of life for individuals, families, and entire communities. With a focus on water, wastewater, and natural gas, Essential is committed to sustainable growth, operational excellence, a superior customer experience, and premier employer status. We are advocates for the communities we serve and are dedicated stewards of natural lands, protecting more than 7,600 acres of forests and other habitats throughout our footprint. Operating as the Aqua and Peoples brands, Essential serves approximately 5.5 million people across nine states. Essential is one of the most significant publicly traded water, wastewater service, and natural gas providers in the U.S.

 

New Stocks Added to the Beverage Directories:

Innovation Beverage Group Limited (Nasdaq:IBG) is a developer, manufacturer, marketer, exporter, and retailer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands for which it owns exclusive manufacturing rights. Focused on premium and super premium brands and market categories where it can disrupt age-old brands, IBG's brands include Australian Bitters, BITTERTALES, Drummerboy Spirits, Twisted Shaker, and more. IBG's most successful brand to date is Australian Bitters, which disrupted a 200-year-old market leader, giving the Company a market-dominating position in several territories including a partnership in Australia with Coca-Cola Europacific Partners. Established in 2018, IBG's headquarters, distillery, innovation, and manufacturing facility are located in Sydney, Australia with a U.S. sales office is located in New Jersey.

 

CIMG Inc. (NASDAQ: IMG) is a digital marketing, sales and distribution company for various consumer products with focuses on food and beverages. Dedicated to reshaping the digital marketing and distribution with technological applications, the Company endeavors to create greater commercial value for its business partners and therefore enhance its own enterprise value and shareholders' value of their stake in the Company. The Company has a professional branding and marketing management system, which can quickly help partnering enterprises achieve their connection, management, and operation of marketing channels globally.

 

About Investorideas.com - Big Investing Ideas

Investorideas.com is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for various sectors, including gaming, biotech, tech and sports. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Paid content is always disclosed.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

Learn more about our news, PR and social media, podcast and ticker tag services at Investorideas.com

https://www.investorideas.com/Investors/Services.asp

 

Learn more about advertising and guest posts

https://www.investorideas.com/Advertise/

 

Follow us on Twitter (X) https://X.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

 

Contact Investorideas.com to be added to our stock directories or learn more about us

Dawn Van Zant and Cali Van Zant

 

800 665 0411

 

 

 

 

 

 

Breaking Cleantech Automotive Stock News: Worksport Ltd. ( $WKSP) Shares Multiple Milestones, Strengthens Market Position as Initial Crypto (BTC and XRP) Investment Nears; @WorksportLtd

 

Breaking Cleantech Automotive Stock News: Worksport Ltd. ( $WKSP) Shares Multiple Milestones, Strengthens Market Position as Initial Crypto (BTC and XRP) Investment Nears; @WorksportLtd

 

Reports 117% Dealer Network Growth, Secures Initial Pre-Orders from Leading Distributors, and Advances BTC/XRP Integration

 

West Seneca, New York - December 13, 2024 (Investorideas.com Newswire) Worksport Ltd. (NASDAQ: WKSP) ("Worksport" or the "Company"), a U.S.-based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today provided a corporate update for December 2024. From accelerated sales, pre-orders, and expanding dealer networks, to establishing a proactive strategy in treasury management by incorporating Bitcoin ("BTC") and Ripple ("XRP"), Worksport is excited to share the latest updates.

 

Driving Growth Through Strategic Initiatives

Worksport's recent success reflects a series of strategic initiatives that have generated meaningful traction and interest. The Company's move to proactively diversify its corporate treasury-allocating up to $5 million in Bitcoin and Ripple, capped at 10% of excess cash-reinforces Worksport's belief in the long-term potential of digital assets as inflation-resistant stores of value. This approach, coupled with the Company's expanding product portfolio and dealer network, has strengthened its foothold in a rapidly evolving market.

 

Paid News dissemination for Worksport Ltd

 

Read this news, featuring WKSP in full at https://www.investorideas.com/news/2024/12131WKSP-Multiple-Milestones.asp

 

"This past week marks an inflection point for Worksport's growth trajectory," said Steven Rossi, Chief Executive Officer of Worksport Ltd. "Our proactive decision to integrate Bitcoin and Ripple into our treasury strategy, coupled with noteworthy sales increases, 117% growth in our dealer network, and encouraging pre-orders volumes of our upcoming AL4 from two leading U.S distributors, reflects our commitment to innovation and long-term value creation. The attention we've received from leading crypto custodians further validates our approach, and we're eager to leverage their expertise to maximize returns on these digital assets by considering unique strategies like crypto staking."

 

Crypto Integration and Industry Recognition

Following the Company's announcement to adopt BTC and XRP in its corporate treasury, notable players in the cryptocurrency sector took notice. Two leading crypto custodians have approached Worksport with their services, and the Company is now evaluating these proposals to ensure secure, compliant custody of its digital asset holdings. As Worksport prepares to engage in initial BTC and XRP purchases, it is also exploring staking opportunities that could potentially enhance treasury returns. Worksport is actively working towards enabling crypto payments for purchases on its e-commerce platform, www.worksport.com.

 

Expanding Sales and Dealer Network

• Sales Growth: In the wake of last week's announcement of a 51% increase in B2C sales and a 60% rise in B2B sales, Worksport is pleased to share that its dealer network has grown by 105% since September 2024. This increase in partners, coupled with the recent boost in brand visibility, positions the Company to further capitalize on robust demand.

• Upcoming Product Launches: The Company's forthcoming AL4 tonneau cover has already secured pre-orders from two leading industry distributors. With the AL4's scheduled launch approaching, Worksport expects to capture greater market share. Following the AL4, the Company will introduce its SOLIS solar tonneau cover and COR mobile power generation system later in 2025, expanding its portfolio of clean-tech innovations designed to meet the growing need for sustainable energy solutions.

 

Enhanced Visibility Through National Television Exposure

Worksport's recent appearance on FOX & Friends on December 8, 2024, showcased its upcoming clean-tech products and American-made tonneau covers to a nationwide audience. This high-profile exposure has generated new peripheral opportunities for brand penetration, and even broader market engagement. The positive reception underscores the Company's potential to convert heightened visibility into tangible growth across its business lines.

 

Key 2024 Press-Releases:

• October 17: Nasdaq Grants Extension To Regain Compliance
• October 17: $2MM+ Projected Savings From New Strategic Initiative
• October 3: Commencing U.S Government Sales
• September 30: Update On ISO Certification
• September 19: Alpha Launch of SOLIS & COR
• September 12: Record High August Sales
• September 11: Worksport COR as an EV Range Extender for Tesla Model 3
• August 14: Record High Revenues; 275% Q2 Growth
• August 1: Impressive SOLIS Solar Cover Test Results
• May 8: Worksport Awarded $2.8MM Grant

Read all Worksport press releases: [Link to All Press Releases].

 

About Worksport

Worksport Ltd. (Nasdaq: WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of tonneau covers, solar integrations, and NP (Non-Parasitic), hydrogen-based true green energy solutions for the sustainable, clean energy, and automotive industries. Worksport has an active partnership with Hyundai for the SOLIS Solar cover. Additionally, Worksport's hard-folding cover, designed and manufactured in-house, is compatible with all major truck models and is gaining traction with newer truck makers including the EV sector. Worksport seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and NP (Non-Parasitic), Hydrogen-based technology. Terravis Energy's website is terravisenergy.com. For more information, please visit investors.worksport.com

 

Connect with Worksport

Please follow the Company's social media accounts on X (previously Twitter), Facebook, LinkedIn, YouTube, and Instagram (collectively, the "Accounts"), the links of which are links to external third party websites, as well as sign up for the Company's newsletters at investors.worksport.com. The Company does not endorse, ensure the accuracy of, or accept any responsibility for any content on these third-party websites other than content published by the Company.

 

Product social media

Instagram
Facebook
YouTube

 

Investor social media

X (formerly Twitter)
LinkedIn
Link to Newsletter

 

Investors and others should note that the Company announces material financial information to our investors using our investor relations website, press releases, Securities and Exchange Commission ("SEC") filings, and public conference calls and webcasts. The Company also uses social media to announce Company news and other information. The Company encourages investors, the media, and others to review the information the Company publishes on social media.

 

The Company does not selectively disclose material non-public information on social media. If there is any significant financial information, the Company will release it broadly to the public through a press release or SEC filing prior to publishing it on social media.

 

For additional information, please contact:
Investor Relations, Worksport Ltd. T: 1 (888) 554-8789 -128 W: investors.worksport.com W: www.worksport.com E: investors@worksport.com

 

Forward-Looking Statements
The information contained herein may contain "forward looking statements." Forward looking statements reflect the current view about future events. When used in this press release, the words "anticipate," "believe," "estimate," "expect," "future," "intend," "plan," "project," "should," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward looking statements. These statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) supply chain delays; (ii) acceptance of our products by consumers; (iii) delays in or nonacceptance by third parties to sell our products; and (iv) competition from other producers of similar products. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC, including, without limitation, our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC's web site at www.sec.gov. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. The forward-looking statements made in this press release are made only as of the date of this press release, and the Company undertakes no obligation to update them to reflect subsequent events or circumstances.

 

Worksport acknowledges the inherent risks of investing in cryptocurrency, including market volatility and regulatory uncertainties, and is committed to managing these risks through oversight and diversification strategies. The decision to pursue this investment has been reviewed and approved by the Board of Directors of Worksport and complies with the Company's corporate governance policies.

 

SOURCE: Worksport Ltd.

 

Worksport Ltd. (Nasdaq: WKSP) is a featured renewable energy/automotive stock on Investorideas.com

 

More info on WKSP at Investorideas.com Visit:  https://www.investorideas.com/CO/WKSP/

 

Disclaimer/Disclosure: Disclosure: Worksport Ltd. (Nasdaq: WKSP) is a paid featured company on Investorideas.com effective  October 18^th 2024 for 2 months. lInvestorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. Contact management and IR of each company directly regarding specific questions. More disclosure info can be found here. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

 

Get more Renewable Energy Stock news, articles, podcasts and Stock Directories

 

 

 

 

 

 

Get more Automotive Stocks Investor Ideas – news, articles and stock directories