Vancouver, British Columbia-(Newsfile Corp.-November 5, 2021)-Canadian battery metal project developer South Star Battery Metals (TSXV: STS) (OTCQB: STBSF) focused on selective acquisitions and development of recent production in the Americas The project agreed to the key terms of the proposed benefits of the Ceylon Graphite Project in Alabama. The project covers approximately 500 acres and is located in Coosa County, Alabama, at the northeastern end of the graphite belt in Alabama.

For more information, check out the InvestmentPitch Media "video" discussing this news. The video can also be found on "YouTube". If these links are not enabled, please visit www.InvestmentPitch.com and enter "South Star" in the search box.

Can't watch this video? Visit: https://www.youtube.com/watch?v=6wLcYqKBdto

The agreement with Hexagon Energy Materials Limited (ASX:HXG) and the US private exploration company US Critical Minerals will allow South Star to obtain up to 75% of the project’s proceeds, subject to final terms. Formal agreements and customary closing conditions, including TSX risk exchange approval. Hexagon currently owns 80% of the project, and USCritical Minerals and a small group of individuals own the remaining 20%.

The project is an active mine with a long history during World War I and World War II. The target is fragile outcrop graphite mineralization, with an average graphite carbon content of about 3% to 5%. The surface mineralization contained in the graphite mother rock has historically been mined with shovels and excavators, without the need for drilling and blasting.

Hexagon has completed a comprehensive preliminary exploration plan and test scale process. A total of 29 ditches were excavated with a total length of 2,769 linear meters and a maximum depth of approximately 2 meters. 765 samples were analyzed. 100 tons of bulk ore samples were collected at the GIRCU laboratory in Guangzhou, China, and 10 representative samples were tested. Tests have shown that the traditional crushing/grinding/flotation concentration loop achieves a grade of approximately 96% to 97%, with a recovery rate of approximately 86%.

Richard Pearce, CEO of South Star, said: "This is another important step in the creation of a multi-asset, diversified battery metal company. We may introduce the next project in another important jurisdiction in the industry. Geology and processing procedures are related to Our Brazilian graphite assets are very similar. We believe that we can use our business relationships and technical experience to expand the scale of the project to recent production. The infrastructure is very good, the transportation is convenient, the energy and the nearby Mobile Port facilities. The US Southeast Corridor is undergoing transformation As an electric vehicle hub, the Coosa County project is in action. The project is on private land, and we believe that permitting and permitting work should be quite direct-forward. I am very happy to be able to work with our partners in the next few years. Advance this project in the year."

Merrill Gray, Managing Director of Hexagon, added: "South Star is an experienced graphite project developer and operator with extensive technical resources and is interested in transferring this expertise to North America. This is a profit. The transaction can accelerate the development of the Ceylon graphite project, release value to help Hexagon, and enable the company to focus on the progress of our core projects in Australia, hydrogen and nickel, and expand our energy material portfolio beyond Ceylon graphite ."

According to the terms of the agreement, Nanxing will complete the required drilling, resource estimation and analysis within 3 years after signing the final agreement to generate a preliminary economic assessment that meets the NI 43-101 standard, which is expected to be completed in November. During the income earning period, South Star must provide funding for a minimum annual expenditure of CAD 250,000 to a total minimum expenditure of CAD 750,000. Within 6 months after exercising the 75% surplus option, assuming Southern Star exercises its option, the seller has the right but not the obligation to sell the remaining 25% of its equity share in Southern Star at a price of 250,000 Canadian dollars. For additional terms of the agreement, please refer to the company's latest press release.

It should be pointed out that there is currently no production of natural graphite in the United States. Natural graphite is designated as a key mineral for the defense industry and high-tech, energy storage and industrial applications. Benchmark Intelligence predicts that natural flake graphite will be in short supply from 2025.

The company owns 100% of the Santa Cruz Graphite project through a series of wholly-owned subsidiaries. Santa Cruz conducted surface mineralization in fragile materials and successfully completed a large-scale pilot plant test. The Southern Star Santa Cruz Graphite Project in Brazil is the first in a series of industrial and battery metal projects to be put into production. Brazil is the second largest graphite producing area in the world and has been mined continuously for more than 80 years. With excellent infrastructure and logistics, Southern Star is moving towards the first phase of production planned in the fourth quarter of 2022, awaiting financing.

South Star has joined the Key Materials Institute as an affiliate member.

The stock is currently trading at $0.225. For more information, please visit the company's website www.SouthStarBatteryMetals.com. Investor relations are handled by Cathy Hume, CEO of CHF Capital Markets. You can call 416-868-1079 ext. 251 or send an email to cathy@chfir.com.

Investmentpitch Media used the power of video and its widespread distribution to put the company's story ahead of 1,000 companies seeking visibility and funding in the financial world. The company specializes in producing short videos based on important news releases, research reports, and other content of interest to investors.

Contact: InvestmentPitch Media Barry Morgan, Chief Financial Officer bmorgan@investmentpitch.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102130

Inflation is at a 31-year high. But these Mad Money mega trends can help you fight back.

Paysafe's (NYSE: PSFE) stock plummeted Thursday after the payment platform released sales and profit forecasts that were far below investors' expectations. As of 2:15 pm Eastern Time, Paysafe's share price has fallen by more than 40%. Paysafe's revenue fell 1% year-on-year to $353.6 million.

(Bloomberg)-Even after the blockbuster IP0 of rival electric car manufacturers, Elon Musk is not completely optimistic about the prospects of Rivian Motors. Post-apocalyptic food crisis Greece’s popular islands are overcrowded-are plastic prisons worth a second chance? Tesla CEO stated that he hopes Rivian will increase productivity and achieve breakthroughs in cash flow

Analysts raised their price targets for Nvidia and reiterated a positive rating before the company announces quarterly earnings next week.

The share prices of the three hottest stocks last year have fallen 49% to 57% from their recent highs. Let's go shopping together.

The CEO of the electric car pioneer detailed his sales to the Securities and Exchange Commission. He exercised 2.2 million shares, sold some to pay income tax, and then sold 3.6 million shares.

Rivian's debut on the public market allowed investors to buy shares of other electric vehicle industry start-ups.

In this article, we will discuss the cheapest stocks in Warren Buffett's 13F portfolio. You can skip our detailed analysis of this billionaire hedge fund and go straight to Berkshire Hathaway's stock portfolio: 5 cheapest stocks. Warren Buffett currently serves as chairman and chief executive officer of Berkshire Hathaway, his hedge fund. [...]

The stock prices of several related stocks are going higher today, which shows that investors are particularly optimistic about the prospects of the electric vehicle industry. Weilai (NYSE: NIO) rose 6.1%. Fisker (NYSE: FSR) rose 15.9%.

On Monday, November 8, the stock price of Advanced Micro Devices (NASDAQ: AMD) rose by 10% after the chip maker announced that Facebook’s parent company Meta Platforms (NASDAQ: FB) has adopted Its EPYC server CPU (central processing unit). As investors cheered on the news, AMD’s stock price closed at a record high that day, which is not surprising, because in the long run, the new business may significantly promote the growth of this chip manufacturer. Let's see why it would be a big deal for Meta to adopt AMD's server chips.

The company's bottom line fell sharply in the third quarter, failing to meet analyst expectations.

Investors don't have to worry about these stocks. The yields range from slightly higher than 3% to close to 9%, which is a yield trap.

Rivian, another electric startup, roared into the market with no sales but a higher valuation than Ford and General Motors.

Virgin Galactic (NYSE: SPCE) stock price plummeted on Thursday, falling nearly 5% throughout the trading day. After announcing the third-quarter results earlier this week, analysts made a series of downgrades on the stock of the space travel company. After these results were announced, several analysts quickly revised their views on Virgin Galactic stock.

It recently split its management infrastructure business into a company called Kyndryl (NYSE: KD), and removed a non-core business from its balance sheet. In addition, the management promised that the two companies will maintain the current combined dividend.

In this article, we will discuss the 10 best anti-inflation stocks. If you want to skip our detailed analysis of these stocks, please go directly to the 5 best anti-inflation stocks. According to the latest […]

If the stock price is stable and the implied volatility declines, this kind of iron sculpture transaction on Nvidia stock may get a 35% return.

(Bloomberg)-Elizabeth Holmes was very annoyed by an investor who explored Theranos Inc., and he testified that she offered to pay him more than five times the shares in order to let him leave. Peasants large and small in parking spaces bear the “post-apocalyptic” food crisis. Greece’s popular islands are crowded-are plastic prisons worth a second chance? Alan Eisenman, Houston's former money manager and financial planner, told jurors

The post-earnings plunge in Palantir Technologies stock seems to eventually end on Thursday, or at least it will be suspended. The company provides data analysis software for commercial and government clients, and in fact it reported better-than-expected sales growth, met profit expectations and improved guidance for the whole year. High-profile stock picker Cathy Wood seems to be in the minority.

As of 11:30 am Eastern Time on Thursday, 3D printer manufacturer 3D Systems (NYSE: DDD) shares have plummeted 10.2%. The worse news is that 3D Systems can only blame itself. After the market closed last night, 3D Systems announced that it would provide $350 million worth of "convertible senior notes due in 2026" (ie new debt). If the underwriter exercises its over-allotment option, it could be as high as $402.5 million. Terrified the market. supply.