Aankondiging • May 07
Patterson Metals Corp., Annual General Meeting, Jun 18, 2026 Patterson Metals Corp., Annual General Meeting, Jun 18, 2026. Location: british columbia, vancouver Canada Board Change • May 04
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Mark Layne Ferguson was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 28
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Mark Layne Ferguson was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Nov 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 21% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. 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$393k free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 14% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.91m market cap, or US$2.79m). New Risk • Sep 28
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$393k 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$393k free cash flow). Earnings have declined by 14% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.77m market cap, or US$1.99m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). New Risk • Jul 03
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Earnings have declined by 22% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.02m market cap, or US$2.23m). New Risk • Jun 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 31% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$2.64m market cap, or US$1.92m). Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding). Aankondiging • May 03
Patterson Metals Corp. announced that it expects to receive CAD 1 million in funding Patterson Metals Corp. announced a non-brokered private placement that it will issue up to 3,703,704 units at an issue price of CAD 0.27 per unit for the gross proceeds of up to CAD 1,000,000.08 on May 2, 2025. Each unit will consist of one common share of the company and one common share purchase warrant entitling the holder to acquire an additional common share at a price of CAD 0.36 for a period of 36 months. In connection with completion of the offering, the company may pay finders' fees to eligible parties that assisted in introducing subscribers to the company. All securities to be issued in connection with the offering will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws. Completion of the offering remains subject to approval of the TSX Venture Exchange. Aankondiging • Apr 01
Patterson Metals Corp. (TSXV:PAT) acquired Pendleton Lake Exploration Corp. Patterson Metals Corp. (TSXV:PAT) entered into an agreement to acquire Pendleton Lake Exploration Corp for CAD 0.28 million on March 10, 2025. Patterson will acquire all the shares of Pendleton Lake in exchange for the issuance of 0.5 million common shares to the existing shareholder of Pendleton Lake. Pendleton Lake holds the right to acquire the Pendleton Lake Uranium project, subject to a one-percent royalty on net smelter returns, by completing a series of exploration expenditures totaling $500,000. Completion of the Acquisition remains subject to the approval of the TSX Venture Exchange and the satisfaction of customary closing deliveries.
Patterson Metals Corp. (TSXV:PAT) acquired Pendleton Lake Exploration Corp on March 31, 2025. Aankondiging • Mar 12
Patterson Metals Corp. (TSXV:PAT) entered into an agreement to acquire Pendleton Lake Exploration Corp for CAD 0.28 million. Patterson Metals Corp. (TSXV:PAT) entered into an agreement to acquire Pendleton Lake Exploration Corp for CAD 0.28 million on March 10, 2025. Patterson will acquire all the shares of Pendleton Lake in exchange for the issuance of 0.5 million common shares to the existing shareholder of Pendleton Lake. Pendleton Lake holds the right to acquire the Pendleton Lake Uranium project, subject to a one-percent royalty on net smelter returns, by completing a series of exploration expenditures totaling $500,000. Completion of the Acquisition remains subject to the approval of the TSX Venture Exchange and the satisfaction of customary closing deliveries. New Risk • Sep 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$477k 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$477k free cash flow). Share price has been highly volatile over the past 3 months (26% average weekly change). Earnings have declined by 47% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$3.82m market cap, or US$2.84m). Minor Risk Shareholders have been diluted in the past year (4.2% increase in shares outstanding). Aankondiging • Jun 26
Trench Metals Corp., Annual General Meeting, Aug 21, 2024 Trench Metals Corp., Annual General Meeting, Aug 21, 2024. New Risk • May 31
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 59% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$6.27m market cap, or US$4.59m). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding). Aankondiging • Dec 19
Trench Metals Corp. announced that it has received CAD 0.286 million in funding Trench Metals Corp. announced a non-brokered private placement that it has issued 2,200,000 units at a price of CAD 0.13 per unit for the gross proceeds of CAD 286,000 on December 18, 2023. Each unit consists of one flow-through common share and one share purchase warrant, entitling the holder to acquire an additional non-flow-through common share at a price of CAD 0.20 until December 18, 2024. In connection with completion of the offering, the company paid CAD 17,160 and issued 132,000 non-transferable share purchase warrants to an arm's-length third party that assisted in introducing the subscriber to the offering. The finder's warrants are exercisable on the same terms as the warrants. All securities issued in connection with the offering are subject to restrictions on resale until April 19, 2024, in accordance with applicable securities laws. New Risk • Dec 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 59% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$5.24m market cap, or US$3.85m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (7.0% increase in shares outstanding). Aankondiging • Oct 13
Trench Metals Corp. Announces Exploration Plans for Carter Lake Uranium Project Trench Metals Corp. announced its detailed exploration plan for the Carter Lake Uranium Project. The exploration program at the Carter Lake Uranium Project has been thoughtfully divided into two distinct phases, each aimed at maximizing the project's potential and ensuring accurate geological mapping. The comprehensive program aims to unlock the project's full potential and provide valuable insights into the region's geological features. The Company is committed to executing a meticulously planned and environmentally responsible exploration program. Phase One: Airborne MT Survey. The first phase of the program involves conducting an airborne Magnetotelluric (MT) survey. This survey technique will accurately map basement depths and geological features both at the unconformity and within the basement rocks. MT surveys are renowned for their effectiveness in penetrating subsurface layers, with a range of several kilometers. This technology offers superb resolution, enabling to identify faults, contacts, and geological domains with precision. Phase Two: Diamond Drilling. Following the completion of the MT survey, the program will move on to its second phase, which entails diamond drilling. This phase aims to test the two primary target zones, TZ1 and TZ2, both at the unconformity & within the basement. The program will involve two setups, each with three 600-meter drill holes, totaling 3600 meters of drilling. This strategic approach will provide valuable core samples for in-depth analysis. The Company is actively in the process of securing an experienced exploration team to spearhead these phases of the program. The selection process will prioritize expertise and a commitment to environmental responsibility. The Company is dedicated to maintaining transparent communication with its shareholders as the timing of the program's execution is determined. Regular updates will be provided to ensure that investors remain well-informed throughout the exploration process. As part of corporate responsibility, the Company emphasizes environmental stewardship and community collaboration. The company is committed to conducting exploration activities in an environmentally responsible manner, adhering to all relevant regulations and guidelines. Moreover, the company will work closely with local communities to ensure that operations are conducted with respect and consideration for their interests and concerns. The Company is excited about the potential that the Carter Lake Uranium Project holds and is confident that this exploration program will pave the way for a successful future in uranium resource development. Aankondiging • Sep 22
Trench Metals Corp. Confirms Technical Review of Carter Lake Uranium Trench Metals Corp. announced its ongoing review of technical datasets from the Company's wholly owned Carter Lake Uranium Project. Situated on the prolific west side of the Athabasca Basin, this project holds immense promise for contributing to a cleaner, greener energy future. The comprehensive review includes geophysical and geological data, and notably, ground-sourced radon gas emission data-an essential vector for detecting the presence of uranium. These efforts will yield well-defined exploration targets, providing a clear path forward for upcoming programs. In an era marked by a growing global commitment to environmental sustainability, uranium has taken center stage as a crucial element in the transition to a cleaner power grid. This year has seen a notable uptick in uranium prices, reflective of heightened interest and investment in the sector. As the world takes significant steps towards a more sustainable and environmentally responsible energy landscape, nuclear power is poised to play an essential role. The ongoing review of technical datasets at the Carter Lake Uranium Project aligns perfectly with the Company's strategic vision. The Company is committed to advancing its uranium projects, leveraging its expertise and resources to unlock their full potential in support of a sustainable energy future. The Company adheres to all applicable regulations and standards, ensuring that its activities are conducted with utmost care for the environment and local communities. New Risk • Sep 17
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 59% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$11.8m market cap, or US$8.71m). Minor Risks Share price has been volatile over the past 3 months (17% average weekly change). Shareholders have been diluted in the past year (7.0% increase in shares outstanding). Aankondiging • Sep 16
Trench Metals Corp. (TSXV:TMC) completed the acquisition of Carter Lake Uranium Project from Carter Lake Resource Corp. Trench Metals Corp. (TSXV:TMC) has entered into an agreement to acquire Carter Lake Uranium Project from Carter Lake Resource Corp on August 31, 2023. Pursuant to the terms of the Acquisition, the Company proposes to acquire all of the outstanding share capital of CLR Corp in consideration for the issuance of 2.6 million common shares of the Company to the Vendor. Completion of the Acquisition remains subject to the approval of the TSX Venture Exchange and the satisfaction of customary closing deliveries.
Trench Metals Corp. (TSXV:TMC) completed the acquisition of Carter Lake Uranium Project from Carter Lake Resource Corp on September 14, 2023. Aankondiging • Jul 12
Trench Metals Corp. announced that it expects to receive CAD 2.5 million in funding Trench Metals Corp. announced a non-brokered private placement to issue 10,000,000 units of the at a price of CAD 0.25 per Unit to raise gross proceeds of CAD 2,500,000 on July 10, 2023.. Each Unit will consist of one common share and one common share purchase warrant. Each Warrant will entitle the holder to purchase one common share of the Company at a price of CAD 0.30 at any time on or before the date which is twelve months after closing of the Offering. The Company may pay finders’ fees to eligible parties who have assisted in introducing subscribers to the Offering. All securities issued in connection with the Offering will be subject to restriction on resale for a period of four-months-and-one-day in accordance with applicable securities laws. Closing of the Offering remains subject to the approval of the TSX Venture Exchange. Aankondiging • Jun 23
Trench Metals Corp. Announces 2023 Prospective Program for Higginson Lake Uranium Project in Athabasca, Saskatchewan Trench Metals Corp. unveiled the details of its 2023 prospecting program at the Company's Higginson Lake Uranium Project in Northern Saskatchewan. The program seeks to capitalize on the success of the 2022 program, which yielded promising results at the Peterson Rapids Showing. The Peterson Rapids Showing, situated just southeast of the rapids between Peterson and Higginson Lake, approximately 11.3 kilometers southeast of Charlebois Lake, exhibited promising indicators during last year's campaign. As a result, Trench Metals is set to undertake extensive subsequent activities to delve deeper into this prospective zone. Additionally, the Company will broaden its investigative scope to incorporate the Charlebois Lake Showings andianne Uranium Showings, situated about 7 kilometers southeast of the Higginson Lake Uranium project. These regions present significant potential for uranium deposits and warrant thorough examination to uncover their true resource potential. The Company's 2023 Prospecting program will employ cutting-edge technology, utilizing scintillometers. These advanced instruments will play a vital role in identifying high-priority targets for trenching and drilling. The Company aims to maximize efficiency and expedite the exploration process by employing man-portable drills. Trench Metals remains committed to upholding the highest environmental and safety standards throughout its exploration endeavors. The Company is committed to the enforcement of stringent protocols and compliance with regulatory prerequisites to guarantee ethical and sustainable operations. Dr. Peter Born, P.Geo., is the designated qualified person as defined by National Instrument 43-101 and is responsible for and has approved the technical information in this release. Aankondiging • Nov 23
Trench Metals Corp. Discovers Multiple Zones of Highly Elevated Radioactivity on the Higginson Lake Uranium Project Trench Metals Corp. announces the preliminary findings from the recent field exploration program, including the discovery of multiple zones of highly anomalous radioactivity, on the Higginson Lake Uranium Project in northern Saskatchewan. On the Corrigan Lake target, three locations returned radioactivereadings, measured as counts per second (cps) that were "off- scale on the handheld instruments (+ 65,500 cps). The Higginson Lake uranium project covers an area of approximately 5,900 hectares and is 52 kilometres northeast of the town of Stony Rapids, which is accessible by Highway 905 and 964. The Higginson Lake uranium project hosts two historic drill-indicated reserves, totalling 4.8 million lb of U308. The recent exploration program was designed to confirm historic uranium showings, outline extensions and trends of radioactivity, and prioritize targets for proposed drilling in 2023. Four target areas have been investigated, with significant radioactivity reported from all locations. Rock sampling, prospecting and geological mapping was completed and a total of 75 rock samples were submitted for analysis to SRC Geoanalytical Laboratories, located in Saskatoon. Corrigan Lake Uranium Prospect - located near the center of the Higginson Lake Property, this occurrence returned the highest radioactive readings (measured as counts per second (cps) on a handheld Radiation Solutions RS-120Super-SCINT gamma-ray scintillometer or a handheld Radiation Solutions RS-125 Super-SPEC gamma-ray spectrometer), including three showings of "off-scale" readings (more than 65,500 cps), associated with uraninite-bearing mineralization, in shallow, historic trenches. Multiple other high radioactive readings range from 10,003 to 47,100 cps. Dianne Uranium Showing West - located near the west of Higginson Lake, this showing indicated elevated radioactivity in a West-Northwest trend, over a strike length of greater than 1,000 meters, with radioactivity readings up to 26,010 cps. Dianne Uranium Showing East - this occurrence returned anomalous radioactivity in a North-Northwest direction for more then 200 metres, with radioactivity readings up to 7285 cps. Combined, the Dianne East and West uranium showings have the longest strike length and radioactive continuity associated with a major structural feature. Radioactive pegmatites were first discovered in this area in 1949 and include a series of radioactive anomalies along a major east-southeast-west-northwest-striking tectonic lineament. Charlebois Lake Pegmatities - this target area is located on the northwestern portion of the Higginson Property, with elevated background radioactivity in the 100 - 600 cps range, and a peak radioactivity reading of 2,126 cps. This target measures approximate 1 kilometre by 1 kilometre. The Charlebois Lake showings have seen little modern exploration and is the source of the highest historic (based on assessment reports) assay value results on the property of 1.57% U3O8. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Mark Layne Ferguson was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Aankondiging • Sep 07
Trench Metals Corp. Identifies High-Value Drill Targets At Gorilla Lake Uranium Project, Athabasca, Canada Trench Metals Corp. has identified three high-value drill targets at its Gorilla Lake Uranium Project. All targets are characterized by surface uranium anomalies concurrent with fault structures, which were interpreted through an analysis of geophysical datasets. To test these targets, the Company has devised a diamond drill program consisting of up to nine 400m NQ2 holes for a total of 3600m. Road access to the targets is good and should require only minimal disturbance. The Company is preparing a permit application in support of the program. The Company will provide updates on the development of diamond drill program as they come available. Aankondiging • Jul 01
Trench Metals Corp. Permitting Exploration Program at Higginson Lake Uranium Project, Athabasca, Canada Trench Metals Corp. announced that the Company has applied for the requisite exploration permits for the upcoming radiometric prospecting and drilling program at the Higginson Lake Uranium Project. Permit approval is expected in the near term. Exploration activity is to be concentrated on historic uranium showings and mineralized zones with the intention of confirming both grade and extent. In addition, the Company has also identified several new zones on interest, which appear to be related to the historic zones and many could expand the overall dimensions of the Higginson system. The Company anticipates initiating the work program once it receives the permit and will provide updates on the timing as they become available. Aankondiging • May 26
Trench Metals Corp. Announces Rench Metals Summer Work Program At Higginson Lake Uranium Project, Athabasca, Canada Trench Metals Corp. announced that the Company has engaged Grander Exploration to conduct the Company's summer exploration program at it's Higginson Lake Uranium Project. The Company will undertake a detailed prospecting survey at the Higginson Lake Uranium Project, located in northern Saskatchewan. The survey team will map surface radiometric anomalies utilizing scintillometers. In addition, the Company will, where appropriate, drill outcrops, boulders, and prospective bedrock with Shaw drills. The purpose of the survey is to confirm and expand historic uranium mineralization, its extent and grade. Work is expected to commence shortly after spring break up. The Company will provide updates on the timing of its work plans as they become available. Aankondiging • May 21
Trench Metals Corp., Annual General Meeting, Jul 19, 2022 Trench Metals Corp., Annual General Meeting, Jul 19, 2022. Board Change • Apr 27
No independent directors There are 3 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: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Director Mark Ferguson is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Aankondiging • Jan 27
Trench Metals Corp. (TSXV:TMC) acquired Additional 3,589 Hectares in Higginson Lake Project. Trench Metals Corp. (TSXV:TMC) acquired Additional 3,589 Hectares in Higginson Lake Project on January 25, 2022.
Trench Metals Corp. (TSXV:TMC) completed the acquisition of Additional 3,589 Hectares in Higginson Lake Project on January 25, 2022. Aankondiging • Sep 10
Trench Metals Completes Summer 2021 Exploration Program At Gorilla Lake Uranium Project, Athabasca, Saskatchewan, Canada Trench Metals Corp. announced the completion of the Phase 1, Summer 2021 exploration program at the Company's wholly owned Gorilla Lake Uranium Project in northwestern Saskatchewan. In addition to detailed prospecting, the field crew has completed "project clear access". This will provide the company complete access to the Gorilla Lake Uranium project for future development. A host of radioactive boulders were identified on the claims and a total of 74 rock and drill samples were collected and forwarded to SRC (Saskatchewan Research Council) for analysis. The high scintillometer reading observed in the samples, utilizing RS-125 scintillometers, was 4400cps (counts per second). The Company is extremely pleased with these initial results. Assays results are expected in the near term. Aankondiging • Jun 24
Trench Metals Outlines Summer 2021 Exploration Program on it's Gorilla Lake Uranium Project, Athabasca, Saskatchewan, Canada Trench Metals Corp. announced that, in collaboration with Grander Exploration, the Company has designed a targeted work program for the summer 2021 exploration of the Gorilla Lake Uranium Project. The program will focus primarily on the Gorilla Lake grid, identified by previous uranium exploration. The program will consist of Shaw drilling of prospective radioactive anomalies as well as surface investigation with advanced Scintillometers, such as the Radiation Solutions RS125, which provides accurate real time analysis of gamma radiation, a product of Uranium decay. Shaw drills are man-portable and have an effective range of up to 30ft. The Company is in the final stages of fine tooling the exploration targets and expects to announce mobilization dates in the near term. Aankondiging • Jan 26
Goldpac Cooperates with TMC to Release the Smart Security Chip Operating System 'Cardarmour' with Independent Intellectual Property Goldpac Group Limited Cooperates with TMC to Release the Smart Security Chip Operating System 'CardArmour' with Independent Intellectual Property. Recently, CardArmour, a security chip operating system jointly developed by Goldpac and TMC was officially released. This system has independent intellectual property rights, can combine well with the GUOXIN MICRO's 'Super Financial Chip', and will provide intensive technology platform of the hardware chips and system software for artificial intelligent kiosks. This is another imminent step for China's smart security chip provider and payment product provider, represented by TMC and Goldpac, in catching up with the international advanced level. Also, this system will be an important component of 'Super Financial Chip' ecosystem. Similar to WINDOWS/MAC system or Linux systems of PC, Android/Apple systems of smart phones, smart security chips also need operating systems to run. Domestic smart security chips, especially the ones in the financial industry, have integrated with a large number of foreign operating systems. These systems are relatively rigid, causing constraints to new applications for the rapid development of financial industry in China. Considering the current challenging environment and the long run, the domestic financial industry may be affected. The core code of CardArmour has been completely rewritten, streamlined and optimized. As a result, the user space is larger, the running speed is faster, and the waste of computing resources is effectively reduced. Furthermore, the operating system is tightly integrated with the security chip, enabling robust security protection ability of the hardware, and builds a safety bridge for the system application to connect effectively with industry's ecosystem. At the same time, CardArmour meets the security requirements of UnionPay or EMV embedded software, and its level of financial security protection has been ranked first in the world, which can strengthen the risk management for the financial payment industry, as well as ensure that financial industry can reduce costs and increase efficiency and achieve high quality and healthy development. In addition to applications in financial industry, CardArmour as a fundamental and universal operating system software, is also suitable for the security chip applications in areas such as mobile communications, automotive electronics, smart home, Internet of Things, digital currency wallet and so on. In the future, both Goldpac and TMC will extend the application of this operating system to more industries and fields, support the protection barrier by establishing and improving the information security platform in China, and build the ecological circle of manufacturers at all levels of upstream and downstream industrial chain through combining the hardware. Aankondiging • Oct 30
Trench Solutions Inc. Appoints Edward Lyons to its Board of Directors Trench Solutions Inc. announced that Edward Lyons has been appointed the board of directors of the Company effective immediately. 