Peterson Capital Spotlights the News Makers of the Week.
Peterson Capital takes pride in our activities on behalf of our clients and global communities. Here are a few You Should Know highlights from the week capped off with our VP in Atlantic Canada, David Kean and his support for the Ukrainian Refugees arriving in Eastern Canada this month
Electra Battery Materials (TSX.V:ELBM) received its listing on the NASDAQ and rang the closing bell at the Nasdaq on April 27, 2022. Trent Mell, CEO of Electra, stated, "This is a significant milestone for Electra and a natural next step in the company's evolution."
Peterson Capital is pleased with Electra's listing and the ability Electra has to offer its shareholders to trade on a major U.S. exchange. The expected increase in liquidity will support the Company well over the long term. In addition, we look forward to introducing Electra to a new and larger investor base.
This week we introduce Tectonic Metals Inc. (TSX.V: TECT) to our audience. Tectonic is co-founded by Tony Reda and Eira Thomas, both formerly of Kaminak, which Gold Corp acquired. Tectonic has assembled a strong mining team complimented by excellent business partners, such as Doyon, one of Alaska's largest Native Regional Corporations with a twenty-year history of mineral, oil and gas, and exploration experience. Tectonic's experienced and invested team has mitigated the risk and ensured that strategic investment by a leading Alaskan Native Regional corporation is in place for the benefit of all investors.
North Arrow Minerals (TSX.V: NAR) reported initial bulk sample results from their Naujaat Diamond Project in Nunavut. In their press release, North Arrow Mines commented that the initial diamond results from the 2021 bulk sample confirm the presence of an important potentially high-value fancy orange and yellow diamond population in the Q1-4 kimberlite.
Nomad Royalty (TSX: NSR) announced preliminary results from its Q1 2022 deliveries and sales. Nomad realized initial revenues of $13.8 million for the three months ended March 31, 2022, of which $12.7 million are attributable to Nomad, resulting in a preliminary cash operating margin of $11.0 million. The full report will be available on May 5, 2022, and can be found at www.nomadroyalty.com