Author: Alexander Lee
Alexander Lee
Alexander is the founder and author of Microcaps.ca, a leading resource for investors interested in the micro-cap stock market. With a passion for uncovering hidden gems in the world of small-cap stocks, Alexander combines in-depth research with years of experience in the financial markets to provide readers with valuable insights and timely analysis. Investors should conduct their own research or consult with a qualified investment advisor before making any investment decisions. The author of this article is not responsible for any gains or losses incurred from investing in companies mentioned.
Blackline Safety (TSX: BLN) has commenced the deployment phase as part of a previously announced $2 million agreement with Severn Trent Water, the second largest water company in the United Kingdom, to provide connected personal gas detection devices to its employees. These devices will safeguard over 10,000 workers of Severn Trent across six of the 12 UK water and wastewater authorities where Blackline’s technology has already been implemented. Julian Jarvis, the zone manager for Blackline Safety in the UK, noted the increasing adoption of their versatile technology, which can be utilized in various work environments. He emphasized the benefits of…
Ballard Power Systems (TSX: BLDP) has announced that it has received a fuel cell order from Medha Servo Drives, a prominent rail system integrator. This order is intended for the development of India’s first hydrogen-powered trains. The two diesel-electric commuter trains will be retrofitted with eight units of Ballard’s latest fuel cell technology, specifically the 100kW FCmoveTM-HD+. Ballard is committed to supporting Medha in leveraging this technology to assist Indian Railways in achieving its net zero goals. David Mucciacciaro, Ballard’s chief commercial officer, emphasized the significance of this collaboration in advancing global efforts towards decarbonizing mobility. He expressed the company’s…
Pennsylvania-based Air Products (NYSE: APD) has recently agreed to supply low-carbon hydrogen to Imperial Oil, Canada’s second-largest integrated oil company, for its renewable diesel plant near Edmonton in Alberta. The low-carbon hydrogen will be delivered from Air Products’ planned hydrogen Edmonton facility via pipeline to Imperial’s Strathcona refinery, where it will be used in conjunction with locally sourced vegetable oils to produce low-carbon diesel fuel. Air Products’ facility, scheduled to open in 2024, will generate 165 million cubic feet per day of hydrogen, with approximately half of it allocated to Imperial. Imperial’s renewable diesel complex is slated to become the…
In recent developments, Grounded Lithium Corporation (TSX-V:GRD) recently completed the drilling of the second well in Saskatchewan province specifically targeting lithium mineralization at its Kindersley project. The company has undertaken exploration in a province historically known for potash, oil, and gas drilling, but relatively unexplored in the search for lithium brines. Following a reverse takeover of VAR Resources, Grounded Lithium now holds 64,418 net hectares at its Kindersley lithium project on the Toronto Venture exchange. The company, established in 2020 to participate in the energy transition, has acquired ground holdings through government land sales and private landowner arrangements. With a…
Bausch + Lomb, a prominent global eye health company listed on the Toronto Stock Exchange under BLCO, has recently partnered with Alfa Instruments to distribute and commercialize Alfa Instruments’ line of surgical intraocular dyes worldwide, excluding Italy. This exclusive distribution agreement strengthens Bausch + Lomb’s surgical portfolio by introducing Alfa Instruments’ innovative intraocular dyes, which have demonstrated success in the European Union. Alfa Instruments, based in Italy, brings over 60 years of experience in the pharmaceutical industry, specializing in manufacturing, developing, and marketing ophthalmic products for surgical and diagnostic purposes. Joe Gordon, President of Global Consumer and Vision Care at…
BetterLife Pharma (CSE: BETR) has conducted pre-clinical research on their lead drug, a non-hallucinogenic psychedelic analogue, which has shown to promote structural neural plasticity in an animal model along with anti-depressant effects. The second-generation drug, BETR-001, is a non-hallucinogenic derivative of lysergic acid diethylamide (LSD). During the pre-clinical trial, treating cortical rat neurons with BETR-001 resulted in increased structural complexity of neurons, indicating neural plasticity activity. According to BetterLife, the atrophy of brain neurons plays a critical role in the pathophysiology of depression and related disorders. Increased structural plasticity in brain neurons has been associated with sustained antidepressant effects. BetterLife…
The increasing importance of Western production of vanadium is evident as the world relies heavily on China and Russia for its supply, which is now threatened by geopolitics. Vancouver-based Flying Nickel Mining Corporation (TSX-V: FLYN / OTCQB: FLYNF) has taken a significant step by entering a non-binding agreement to acquire the Gibellini vanadium project in Eureka, Nevada. This acquisition will provide the company with a second pillar in battery metals, complementing its Minago nickel project in Thompson, Manitoba. The Gibellini project is projected to produce 10.2 million pounds per annum of vanadium pentoxide once developed. Upon confirmation, Flying Nickel will…
Clearmind Medicine (CSE: CMND) has announced positive pre-clinical results for its innovative psychedelic molecule MEAI treatment for cocaine addiction. MEAI is the company’s primary therapeutic, known for its low toxicity, strong safety profile, and absence of side effects. A recent study indicated that MEAI could help eliminate cocaine-induced conditioned place preference and cravings without causing addiction. The study found that a 5mg/kg dose was the most effective and will be further investigated. Chief executive officer of Clearmind, Dr. Adi Zuloff-Shani, expressed confidence in the potential of MEAI to address cocaine addiction based on these findings. He emphasized the importance of…
First Quantum Minerals (TSX: FM) has recently exercised its $12 million earn-in option over Dreadnought Resources’ (ASX: DRE) Mangaroon nickel-copper-platinum group element project located in Western Australia’s Gascoyne region. This joint venture is separate from Dreadnought’s flagship Mangaroon rare earth element ground in the same area. Under the agreement, First Quantum has the opportunity to earn a 51% stake in the nickel-copper-PGE project by investing $12 million in exploration and development by March 1, 2026. As part of the earn-in, First Quantum will pay Dreadnought $150,000 by September 30, with the option to withdraw from the joint venture at any…
Calian Group, a company based in Ontario and listed on the TSX under the symbol CGY, has been selected to provide a third high-performance antenna to NASA’s Goddard Space Flight Center for its space geodesy project. This 12-meter antenna will be utilized for NASA’s Very Long Baseline Interferometry (VLBI) Global Observing System (VGOS). The antenna supplied by Calian’s subsidiary InterTronic will support NASA’s Space Geodesy project, which oversees the maintenance of global geodetic infrastructure, including the VGOS network of antennas. Following the acquisition of InterTronic in 2021, Calian describes the subsidiary as a leading provider of high-performance antennas with state-of-the-art,…