Anuncio • Oct 23
Ammpower Corp. Announces Resignation of Rene Bharti as President Ammpower Corp. announced that Mr. Rene Bharti has resigned as President effective October 21 2024. Mr. Bharti will focus on his role as VP Business Development of a publicly traded lithium company based in Val-D'or Quebec, Canada. New Risk • Apr 26
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$165k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$165k free cash flow). Share price has been highly volatile over the past 3 months (33% average weekly change). Negative equity (-CA$3.7m). Earnings have declined by 6.4% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$6.44m market cap, or US$4.72m). Minor Risk Shareholders have been diluted in the past year (4.1% increase in shares outstanding). Recent Insider Transactions • Apr 12
Key Executive recently sold CA$53k worth of stock On the 10th of April, Rene Bharti sold around 2m shares on-market at roughly CA$0.03 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Rene has been a net seller over the last 12 months, reducing personal holdings by CA$174k. Anuncio • Jan 30
AmmPower Corp. announced that it has received $0.065 million in funding AmmPower Corp. announced a private placement to issue 8% convertible promissory note for the gross proceeds of $65,000 on January 29, 2024. The transaction included participation from individual investor Benninger. The note bears 8% interest rate and will mature on from July 23, 2024. The notes are convertible into common shares. The note is subject to Canadian Securities Exchange. The transaction has been approved by the directors of the company. Recent Insider Transactions • Oct 15
Key Executive recently sold CA$100k worth of stock On the 12th of October, Rene Bharti sold around 1m shares on-market at roughly CA$0.084 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Rene has been a net seller over the last 12 months, reducing personal holdings by CA$392k. New Risk • Oct 11
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.4m (US$9.85m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.9m free cash flow). Share price has been highly volatile over the past 3 months (29% average weekly change). Negative equity (-CA$1.7m). Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.4m market cap, or US$9.85m). New Risk • Sep 29
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.9m free cash flow). Share price has been highly volatile over the past 3 months (24% average weekly change). Negative equity (-CA$1.7m). Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$15.7m market cap, or US$11.7m). Anuncio • Jun 17
AmmPower Corp. Announces the Resignation of Rene Bharti from the Board of Directors AmmPower Corp. announced that Rene Bharti has tendered his resignation from the AmmPower Board of Directors effective May 18, 2023. However, Mr. Bharti will continue on as President and an officer of the company. Recent Insider Transactions Derivative • Apr 09
CEO & Executive Chairman exercised options to buy CA$431k worth of stock. On the 31st of March, Gary Benninger exercised options to buy 2m shares at a strike price of around CA$0.26, costing a total of CA$525k. This transaction amounted to 1,206% of their direct individual holding at the time of the trade. Since September 2022, Gary has owned 170.00k shares directly. Company insiders have collectively bought CA$203k more than they sold, via options and on-market transactions, in the last 12 months. Recent Insider Transactions • Mar 26
Key Executive recently sold CA$205k worth of stock On the 23rd of March, Rene Bharti sold around 856k shares on-market at roughly CA$0.24 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Rene has been a net seller over the last 12 months, reducing personal holdings by CA$363k. Recent Insider Transactions • Mar 08
Key Executive recently sold CA$87k worth of stock On the 6th of March, Rene Bharti sold around 283k shares on-market at roughly CA$0.31 per share. This transaction amounted to 6.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Rene has been a net seller over the last 12 months, reducing personal holdings by CA$158k. Board Change • Nov 16
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). CEO & Executive Chairman Gary Benninger is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Recent Insider Transactions • Sep 22
Key Executive recently sold CA$99k worth of stock On the 15th of September, Rene Bharti sold around 259k shares on-market at roughly CA$0.38 per share. This transaction amounted to 5.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Rene has been a net seller over the last 12 months, reducing personal holdings by CA$70k. Anuncio • Sep 16
AmmPower Corp. announced that it expects to receive CAD 2.5 million in funding AmmPower Corp. announced a non-brokered private placement issue of 10,869,566 units at an issue price of CAD 0.23 per unit each for gross proceeds of up to CAD 2,500,000 on September 15, 2022. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one common share at a price of CAD 0.31 for period of 24 months from date of issuance. All securities issued in the transaction will be subject to a statutory four month hold period. The closing of the transaction is subject to receipt of all regulatory approvals, including approval of the Canadian securities exchange. Anuncio • Aug 04
Ammpower Corp. Engineering Lab Demonstrates 100 Watts of Power from Ammonia Powered Hydrogen Fuel Cell AmmPower Corp. announced the successful demonstration of ammonia cracking from the AmmPower Engineering Lab, located near Detroit, Michigan. The Company's mission is to provide clean energy to the world through green ammonia. This requires the development of ammonia synthesis as well as ammonia decomposition technologies. AmmPower is working to provide solutions in both areas. Ammonia decomposition, or ammonia "cracking", is the process of splitting ammonia back into its elements: hydrogen and nitrogen. AmmPower's ammonia cracking system successfully achieved close to 100% conversion as indicated by an NDIR (nondispersive infrared) gas detector. The observed ammonia concentration in the hydrogen produced was less than 0.1 ppm (parts per million). The "cracked" hydrogen was then used in a proton exchange membrane (PEM) fuel cell, producing up to 100W of electricity. For demonstration purposes, the Company used the electricity to power an LED light. Anuncio • Jul 26
AmmPower Corp. Completes Successful Testing of Demonstration Unit to Validate Product Technology AmmPower Corp. announced that additional operation of the IAMMTM (Independent Ammonia Making MachineTM) demonstration unit (the "Demo Unit") is exceeding expectations. The Demo Unit's performance has improved in multiple areas, from the start up sequence through shut down. Start-up: Demonstrated a 40% faster ramp-up of temperature. This was accomplished by combining a new process gas heater with strategically placed localized heating elements. The ability to shorten the ramp-up time translates to less downtime and lower operating cost. Heat Exchangers: AmmPower fabricated custom heat exchangers in-house, which outperformed the purchased ones that were used previously. Insulation: Demonstrated a 15% reduction in heat transfer losses between components using new insulation strategies. Materials used were the result of testing in AmmPower's lab, which can replicate the Demo Unit's heat cycles. Ammonia Monitoring: Gained ability to continuously monitor and record ammonia concentration using a nondispersive infrared (NDIR) sensor. Operator can switch between multiple sample ports during operation to evaluate performance in different areas of the machine. Shutdown: Achieved a 90% reduction in time to depressurize the system. This was achieved by using special high-flow valving and fast-acting controls. Reducing pressure quickly without adversely affecting system components is an important safety aspect. AmmPower is performing all engineering, procurement, and manufacturing in their Novi, Michigan facility. Assembly of the first production IAMMTM unit is scheduled to commence in October 2022. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Senior Advisor & Chairman of Advisory Board Paul Mascarenas was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Feb 17
AmmPower Corp. announced that it has received CAD 3 million in funding On February 16, 2022, AmmPower Corp closed the transaction. Each Warrant entitles the holder to purchase one Common Share at an exercise price of CAD 0.52 per Warrant Share, subject to adjustment, at any time on or prior on February 16, 2027. The Private Placement is subject to customary notices and deliveries to the Canadian Securities Exchange. Anuncio • Feb 15
AmmPower Corp. announced that it expects to receive CAD 3 million in funding AmmPower Corp. announce that it has entered into a securities purchase agreement with a single institutional investor for a private placement of its common shares and warrants to purchase Common Shares, for gross proceeds of approximately CAD 3,000,000 on February 14, 2022. The company will issue 7,142,858 common shares and warrants to purchase up to an aggregate of 7,142,858 common shares, at a purchase price of cad 0.42 per common share and associated warrant. each warrant will entitle the holder to purchase one common share at an exercise price of cad 0.52 for a period of five years following the issuance date. No securities were offered or sold to Canadian residents in connection with the transaction. The transaction is expected to close on or about February 16, 2022, subject to satisfaction of customary closing. Anuncio • Feb 10
AmmPower Corp. Announces the Development of its IAMM Green Ammonia Production Unit for the Agricultural Space AmmPower Corp. announced the development of its IAMM (Independent Ammonia Making Machine) green ammonia production unit. Once in production, the IAMM Units are expected to have a production capacity of 4 metric tons of green ammonia per day. The target market for the units will be independent distributors and retailers of anhydrous ammonia used for fertilizer. Ammpower is now in discussions with potential customers regarding placing orders and delivery times. The Company is aiming to have first units available by late Third Quarter of this year. Pricing has not been finalized but is targeted to be between $3 million and $3.5 million per unit. Presently, AmmPower is completing assembly of its green ammonia synthesis demonstration unit that will have a capacity or 50 kilograms per day. The technology used in this demonstration unit is scalable and will be used for the IAMM units. Board Change • Sep 08
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Art Brown was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Jun 22
AmmPower Corp. (CNSX:AMMP) entered into an agreement to acquire Hydrogen One Technologies Inc. for CAD 12.3 million. AmmPower Corp. (CNSX:AMMP) entered into an agreement to acquire Hydrogen One Technologies Inc. for CAD 12.3 million on June 21, 2021. AmmPower Corp. will issue 7 million common shares as a consideration. The transaction is subject to to a number of conditions including the satisfactory completion of due diligence, receipt of all required regulatory and third-party consents and satisfaction of other customary closing conditions. Anuncio • Jun 09
AmmPower Corp. Announces Formation of AmmPower Lithium & Mineral Resources and AmmPower Ammonia & Alternative Energy Divisions AmmPower Corp. announced that it has reorganized its business and assets into two distinct corporate divisions: AmmPower Lithium & Mineral Resources and AmmPower Ammonia & Alternative Energy. The Company believes that this new corporate structure will allow it to better focus on and present the entirety of its asset portfolio and to showcase the rapidly-expanding depth of its business, which remains squarely focussed on the extraction and production of resources and energy to power a greener economy and future. Anuncio • Jun 08
Ammpower Corp. Reports Completion of High-Resolution Heliborne Magnetic Survey and Geophysical Report on Whabouchi South Property in the Nemiscau Area, Eeyou Istchee Baie- James Region of Quebec AmmPower Corp. reported the completion of a high-resolution Heliborne Magnetic Survey and geophysical report on the companies Whabouchi South Property in the Nemiscau Area, Eeyou Istchee Baie- James Region of Quebec. The survey was flown by Prospectair Geosurveys, and the Dynamic Discovery Geoscience. Prospectair conducted a heliborne high-resolution magnetic (MAG) survey on AmmPower's 100% owned and no NSR Whabouchi South Property. The survey was flown on April 12th and 13th of 2021. One contiguous survey block was flown for a total of 566 line kilometres. The Whabouchi South claim block was flown with traverse lines at 25m spacing and control lines every 250m. The average helicopter height above the ground was 37m and the average magnetic sensor height was 18m above the ground. At the end of each flight production date, data was sent to Dynamic Discovery Geoscience. The data was checked for Quality Control to ensure the data met specification. The full dataset was inspected prior to demobilization of the field crew. The data compilation including editing and filtering, quality control and final data processing was preformed by Dynamic Discovery Geoscience. As documented in the final report by Dynamic Discovery Geoscience, "the magnetic textures and low amplitude signal variations seen throughout the block are typical of meta-sedimentary and felsic intrusive rocks". "In some areas, it is possible to detect structural features offsetting observed magnetic lineaments and causing abrupt interruption or changes of the magnetic response. These features are typically caused by faults, fractures and shear zones". For the next steps in exploration going forward on the Whabouchi South Projects, AmmPower intends to complete a detailed structural interpretation of the geophysical data, followed up by targeting for lithium bearing pegmatites usually the new geophysical survey and existing publicly available data. Anuncio • Jun 05
AmmPower Corp. announced that it has received CAD 4.231716 million in funding On June 4, 2021, AmmPower Corp. (CNSX:AMMP) closed the transaction. The company has issued 5,877,384 units at a price of CAD 0.72 for gross proceeds of CAD 4,231,716.40. The company paid finder's fees of CAD 136,483.20 and issued 189,560 finder's warrants in the transaction. Each finder’s warrant is exercisable at CAD 1.00 for a period of two years from the date of issuance. All securities issued in connection with the transaction are subject to a statutory hold period expiring October 5, 2021. Anuncio • May 02
AmmPower Corp. announced that it expects to receive CAD 3 million in funding AmmPower Corp. (CNSX:AMMP) announced private placement of up to 4,166,667 units at a price of CAD 0.72 per unit for gross proceeds of CAD 3,000,000 on April 30, 2021. Each unit will consist of one common share and one-half common share purchase warrant, with each whole warrant is exercisable at CAD 1 per share for a period of 24 months. The company may pay finders' fees. All securities issued are subject to hold period of four-month and-one- day statutory hold period. Anuncio • Feb 27
Soldera Mining Corp. (CNSX:SOLD) signed a letter of intent to acquire AmTek Inc. for CAD 10.8 million. Soldera Mining Corp. (CNSX:SOLD) signed a letter of intent to acquire AmTek Inc. for CAD 10.8 million on February 26, 2021. Pursuant to the letter of intent, Soldera has agreed to acquire 100% of the issued and outstanding shares of AmTek in consideration for 12 million common shares of Soldera. 90% of the Consideration Shares, when issued, will be subject to resale restrictions. The transaction is subject to customary conditions precedent, including execution of a definitive agreement, approval of the Canadian Securities Exchange and engagement of certain key personnel of AmTek by Soldera. Is New 90 Day High Low • Feb 27
New 90-day high: CA$0.93 The company is up 86% from its price of CA$0.50 on 27 November 2020. The Canadian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 1.0% over the same period. Is New 90 Day High Low • Feb 10
New 90-day high: CA$0.60 The company is up 33% from its price of CA$0.45 on 11 November 2020. The Canadian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 2.0% over the same period. Anuncio • Jan 29
Soldera Mining Corp. announced that it expects to receive CAD 3 million in funding Soldera Mining Corp. (CNSX:SOLD) announced a private placement of up to 7,142,857 units at a issue price of CAD 0.42 per unit each for gross proceeds of up to CAD 3,000,000 on January 27, 2021. Each unit consists of one common share and one common share purchase warrant. Each full warrant entitles the holder to acquire one common share at a price of CAD 0.60 for period of 36 months from date of issuance. The company may pay finder's fees to eligible parties in the transaction, who will introduce the subscribers. All securities issued in connection with the transaction will be subject to a four month and one day statutory hold period in accordance with applicable securities laws. Is New 90 Day High Low • Jan 23
New 90-day high: CA$0.51 The company is up 12% from its price of CA$0.46 on 23 October 2020. The Canadian market is also up 12% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Metals and Mining industry, which is down 2.0% over the same period. Anuncio • Jan 12
Soldera Mining Corp. Intends to Commence Phase 1 Work Program at its Titan Property Soldera Mining Corp. announced that it intends to commence Phase 1 work program at its Titan Property (the "Property") next week. The work will be done in furtherance of the recommended Phase 1 work program disclosed in the Company's prospectus dated September 23, 2020, and will consist of prospecting, mapping, sampling, and ground geophysical surveying of the Property (the "Work Program"). The Work Program will be undertaken on behalf of the Company by Geomap Exploration Inc. ("Geomap") of Vancouver, BC. Pursuant to the Property Purchase Option Agreement (the "Property Agreement") between the Company and Alex Pleson dated May 7, 2020, under which the Company holds an option to acquire a 100% interest in the Property, the Company is required, among other things, to incur a minimum of $110,000 of exploration expenditures on the Property within one year of the date of the Property Agreement. In satisfaction of this obligation, the Company has pre-paid to Geomap $110,000, to be applied towards the total cost of the Work Program. The goal of the Work Program is to, among other things, supplement the results of historical work on the Property through magnetic and VLF surveys, and to continue prospecting, trenching, and sampling work along the Morrow Lake Deformation Zone. 
