The Stockhouse investor podcast, where you get up-to-date information on the sectors, the companies, and the trends which are competing for your investment dollars.
This Early-Stage Exploration Company is Ready to Dominate the EV Space
It’s hard to ignore the fact that electric vehicles are becoming a dominant force in not only the vehicle market but the green energy sector as well. Electric vehicles — or EVs for short — are environmentally friendly and use rechargeable batteries that are powered by nickel, lithium and copper.
Companies like Surge Battery Metals Inc. (TSXV:NILI, OTC Pink: NILIF, Forum) are well-positioned to be a major driving force in the sector thanks to its high-value deposits of clean energy battery metals in key mining jurisdictions such as British Columbia and Nevada.
Stockhouse Editorial recently caught up with Surge Battery Metals’ CEO Greg Reimer to discuss what the company’s been up to and what investors should be watching for going forward.
SH: So, Greg, can you give us an overview of your company?
GR: Surge Battery metals is an early-stage mining and exploration company. We focus on the exploration of clean energy battery metals, including nickel, lithium, and copper. And as you know, these items are widely used in batteries for electric vehicles.
SH: What exploration targets is Surge pursuing and where are they located?
GR: Surge is exploring lithium nickel and copper targets in world-class mining-friendly jurisdictions of British Columbia, Canada, and Nevada in the USA. British Columbia, Canada is an extremely attractive jurisdiction for metal mining. We’ve got skilled labor and equipment throughout British Columbia and in 2020 Nevada was ranked the number one mining jurisdiction in the world for investment attractiveness by the Fraser Institute. The Fraser Institute's a think tank here in British Columbia. In the same survey, BC Canada was ranked number 17 out of 77 jurisdictions, and in addition, Nevada is currently America's only lithium-producing state. So we think that we're off operating in some pretty friendly jurisdictions with very good resources.
SH: Can you tell us about your background and a little bit about your board members and advisory board?
GR: I'm a former executive vice president of BC Hydro’s transmission and distribution business group. And I held that position from June of 2010 to about July 2017. BC Hydro is Canada's third-largest electric utility with over $5 billion in annual revenues and has about 32 hydroelectric facilities. I've got a lot of background in the clean energy business, as well as clean energy policy.
On our board of directors, we've got a variety of people, but one fellow in particular who recently joined our board is Bill McDonald. Bill's a securities and corporate finance lawyer and he has been and continues to be a director and officer of a number of publicly-traded companies listed on Canadian stock exchanges, including ours.
On our advisory board, again we've got a number of quality people there, but one individual I'd like to highlight is Chip Richardson. Chip is a strategic advisor with us and an executive with Wedbush Securities. We've also got a number of professional geological advisors on every one of our projects that give us great professional advice.
SH: Can you tell us a little bit about the green energy movement and how search fits into this space?
GR: It's pretty clear that there's a growing demand for green energy metals, whether it be from government policy changes or from commitments by auto manufacturers to develop more electric vehicles, but these decisions all stem from the demand that individuals such as you and I are making for electric vehicles. To complement that in the US, they've committed to building an electric vehicle charging station throughout the US at a cost of $5 billion. And you can see in North America, Europe and China, the electric car market has soared in terms of sales EV sales have doubled globally between 2020 and 2021 and Bloomberg estimates that by 2040, they'll dominate and that's not difficult to see. Lithium, nickel and copper are all important components of EV batteries and Surge has
How a Canadian-based Helium Company is Meeting Demand in the High-tech Market
Founded in 2016 and headquartered in Vancouver, First Helium (TSXV:HELI,Forum) is a company involved in helium production to meet the growing demand in the high-tech global market. Notably, First Helium is in a strong position to become a leading North American producer of helium as it continues the development of its Worsley Helium Project.
The company has already had a strong start to this still very young year as it continues making progress at its Worsley Helium Project.
Stockhouse Editorial’s Jocelyn Aspa recently had the chance to speak First Helium CEO Ed Bereznicki to catch up on all of the new company developments that investors will be eager to hear about.
SH: Can we first start off with you providing a little bit of an overview of yourself and the company?
EB: Absolutely. So thanks to everyone for joining us today. As Jocelyn mentioned, my name is Ed Bereznicki. I'm the CEO and president of First Helium. So I got involved with First Helium over two years ago. I was introduced to the company through a mutual friend. The founder of the company, as Jocelyn mentioned, had put the company together in 2016, assembled the properties that we currently have and begun raising capital to get First Helium off the ground, so to speak. So myself, my background is engineering. I started off in oil and gas, oil and gas pipelines and midstream and coupled that together with an MBA in finance and accounting. I spent roughly 15 years in investment banking where I raised capital for junior oil and gas and energy growth stories as well as service companies. I also advised on numerous M&A transactions in the space as well. First Helium started out as a private company. We recently went public in July of last year on the back of capital raise of about 12 million in the first half of 2021.
SH: The company’s having a strong start to the year — and the last few months in general — what’s been happening with the company that our audience might want to know about?
EB: Yeah, I think Jocelyn the key thing with First Helium is that it was a private company that had been operating for quite some time and so prospective helium opportunities had been evaluated already, land had been bought. There was a certain amount of seismic purchased, the company acquired a well with helium in it is our 15 of 25 discovery well, so there were a lot of good things that had happened well prior to the company becoming public in July. So what you're seeing I guess in the first six months of First Helium being public is we're getting to work on our properties, beginning to drill, and starting to share new news. So new developments, if you will that we've been working on for quite some time and so some of this news is just starting to hit the market - and in the helium exploration and development game, there's a tremendous amount of geologic evaluation that goes on reviewing seismic data and all these sorts of things and so with much of that work already done, we're now able to hit the ground running, so to speak drilling these opportunities and beginning to deliver of value to shareholders.
SH: It was recently announced that the company delivered sales from over 1,100 barrels of light crude oil, which amounts to over $90,00 in sales revenue for the company. Can you walk us through this news and what makes it so significant for First Helium?
EB: Sure. So Jocelyn this oil well discovery that we found is our first expiration well or second, I guess, to the 15 of 25, it's called the 1 of 30 well, it was our first exploration drill based on the geologic evaluation we undertook. It's a proof of concept on our geologic model. We found a tremendous oil well and we expect that we'll be producing roughly 400 barrels a day from that well, which amounts to annualized cash flow for us in the order of about $6 million per year. So it really sets the company up nicely for further helium exploration and development work in the a
A Dual Threat Gold & Silver Opportunity in BC’s Prolific Cariboo Mining Region
When Stockhouse Editorial last caught up with Green River Gold Corp. (CCR) (CSE.CCR, Forum) and its CEO Perry Little last December, the company was, like so many others, adjusting to doing business in a COVID-19 world but at the same time keeping busy with a series of new property acquisitions, partnerships, and M&A’s.
Founded in the summer of 2017, Quesnel, BC-based Green River Gold Corp. is a publicly-traded mineral exploration company that has a controlling interest in a wide variety of projects in this historic gold producing region. In addition to exploring its highly prospective hard rock gold property in the historic Barkerville area of B.C., Green River rents placer claims to placer gold miners for cash rent, in lieu of a royalty. The Company also sells mining supplies and equipment to placer miners from its 6,000 square foot facility also located in Quesnel. The Company is even a limited partner in a partnership that purchases raw placer gold directly from miners.
In this intriguing metals & mining podcast, Stockhouse Media’s Dave Jackson was rejoined by Mr. Little to get investors and company shareholders up-to-date on the latest and greatest hits from CCR.
SH: As I alluded to the intro, it’s been a busy last six months for CCR and things look to be ramping up big time in the Cariboo this summer. Can you give us an update on what’s been happening with Green River Gold?
PL: Hi Dave. It is nice to be back. We have had a very busy stretch, actually going back over a year now, to about the time of the first podcast we did. We have moved the ball forward on every aspect of the business over that time….and we have a lot of aspects.
We are closing our $700,000 financing this week as well. It was originally set at $500,000 but we had a pleasant surprise recently with some sudden interest out of Europe and we were oversubscribed. A German newsletter writer has picked up on the story and is covering us for the German, Swiss and Austrian markets. It is good to be noticed.
SH: Perry, you’ve just announced commencement of the U-A-V-mag airborne drone geophysics survey on its Fontaine Lode Gold Project. These kind of geo surveys don’t come cheap. So what’s the high-end potential of what lies beneath surface here?
PL: Well, as you know, we really took our time, and we were very deliberate with the acquisition and staking of that property. In my days as a stockbroker, I had followed the Barkerville gold story for over 15 years and I had also been following our other neighbour, Omineca mining with their Wingdam project, for a long time. I was quite familiar with the area before we started getting serious looking for property in 2017. It wasn’t until March 2019 that we finally made the acquisition of the core part of the property and staked all of the surrounding ground that we wanted. In total we have about 90 square kilometres of hard rock claims that are contiguous to the Barkerville Gold Mines property.
Our timing was a little lucky. One month after we closed on the acquisition, Osisko took over Barkerville Gold Mines and began to fast track the Barkerville property to production. That brought some serious capital to the neighbourhood and things really heated up. Omineca staked a bunch of additional property shortly after that and both companies have been moving forward quickly with exploration and development. Our property is bookended by Osisko and Omineca.
Osisko’s project has an indicated resource of 3.2 million ounces of gold and an inferred resource of 2.72 million ounces of gold. We are definitely in a good neighbourhood and we got in before the prices went up.
Geologically speaking, the Fontaine property straddles an 18-kilometre length of the Quesnel, Barkerville and Slide Mountain terranes. Between the early 1970’s and early 1990’’s, sporadic work was carried out on the property, consisting of prospecting and sampling bedro
Bioasis Technologies: A Very BIG Year in Review
It’s been a very busy, big and ambitious year for Bioasis Technologies Inc. (TSX-V.BTI, OTC:BIOAF, Forum) – a biopharmaceutical company focused on revolutionizing science by transporting therapeutic payloads across the blood-brain barrier and into the brain. And while much has been accomplished by this cutting-edge biotech in 2020, much more exciting news is expected in the pipeline for 2021.
In a relatively short period of time, the Company has generated real shareholder value by developing and commercializing its proprietary brain delivery technology – XB3 – to make life-saving drugs brain-penetrant and deliver those drugs at a therapeutically relevant dose.
In this must-hear end-of-year vodcast, Stockhouse Media’s Dave Jackson was joined by CEO Dr. Deborah Rathjen to talk more about the genesis of the amazing xB3 platform, its long-term investment potential, and all things Bioasis moving forward into 2021.
Mining Exploration in the Presence of Giants, in the Heart of the Golden Triangle
There’s been a lot of buzz on Stockhouse about the vigorous renewal of major mining operations going on in a prolific, but underexplored region of British Columbia. And one junior explorer thinks it may have found gold, copper, silver and nickel deposits that they “believe have the potential for a world-class mineral discovery.”
Metallis Resources Inc. (TSX-V.MTS, OTC: MTLFF, FSE: 0CVM) is a Vancouver-based junior resource company focused on the exploration of copper and high-grade gold at its 100%-owned Kirkham Property, located near Stewart B.C., in the historic and prolific Golden Triangle in the province’s northwest region.
In this lively and informative podcast, Stockhouse Media’s Dave Jackson was joined by Peter Oates, Manager of Corporate Communications, to talk about some of Metallis’s recent exciting news from their exploration project, the property’s location near other major discoveries in the immediate area, and the company’s future plans.
The SUPER-State Cannabis Company that’s on the Move
It’s been a busy and productive last few months for the cannabis industry’s only true super-state operator. And as reported by Stockhouse back in August, this Company continues to make big waves in some of North America’s biggest markets.
Cannabis company Red White & Bloom Brands Inc. (RWB) (CSE.RWB, OTC:TDRYD, Forum) went public on the CSE in June 2020 and has struck several deals since then, including acquiring licensing rights to the iconic High Times brand in Michigan, Illinois, and Florida, in June.
A month later, RWB exercised out an option to acquire Pharma Co – a deal which would give the Company ten dispensaries in Michigan and eight more in various stages of development, as well multiple grow facilities.
Then last month, Red White & Bloom closed the acquisition of the Platinum Vape Group of California-based companies, whose products are sold at more 700 retailers in Michigan, California, and Oklahoma. When combined with RWB’s 3.6 million square foot Illinois greenhouse that’s licensed to grow hemp, you have a healthy set of assets.
In this lively and informative podcast, Stockhouse Media’s Dave Jackson was joined by Red White and Bloom’s Chairman and CEO Brad Rogers to talk all things Red White & Bloom.
SH: First off, let’s talk about the difference between super-state operations and multi-state operations. What’s the distinction and how does being ‘SUPER’ play into your expansion plans?
BR: Well, super is better than multi. I would think just because of what we saw was you know, it was a land grab across multiple States and there was a premium on, in the markets for the most States with the most stakes in the ground. And really that made no sense to us in terms of how to run a business. And so, you know, critical mass is where it's at for us. And, you know, with critical mass, you become a, you become super, you know, I mean, that, that was we, we needed to redefine what the value there, what in the definition of superstate operator versus multi-state operator, and really set ourselves apart and say, you know what, we're going deep, wherever we go, we're going critical. Wherever we go. You know, one store in 19 States does not make for a great business because you have to manage them all.
You have to work with compliance your governance, et cetera. You know, one whim of a regulatory framework change in any state can really put you out of business if you're not on top of it. And so where we wanted to be was really owning a state and really owning the business and, and being able to help shape that business within that state that we're in and our beachhead was Michigan. And so we started there and went critical mass. And so that was one of the starting of what we saw is really redefining MSO into SSL superstate operator. And then of course, as you, as you succinctly said, we went into Illinois with a real strategy there with respect to seeing you know, the hemp bill came through and now, you know, CBD is now a national potential for the United States.
And we started there because we were a little bit late to the game in the, in the Illinois market to get a license there for THC, however, we're actively pursuing one right now. And, and being very, very look looking like we're got some traction there as well. So I won't get ahead of myself there. But I think that that's effectively what we wanted to do and it's 3.6 million square feet. So a massive, massive operation. And you know, when that TAC license comes in a 200,000 square foot canopy, we'll do, you know, a very, very nice piece of business. We estimate somewhere around 200 plus million dollars of revenue just in that one facility with no stores and satiate that market and have the ability to do that with really no cap ex out because we've got the infrastructure already. So, you know, a very strategic play in a very critical mass way in Illinois. So we've got a very nice big chunk of business, as you said in Michigan and a