CYMAT ANNOUNCES LONG-TERM NUCLEAR INDUSTRY AGREEMENT
France is the world's largest producer of nuclear-derived electricity, with 70% of its domestic supply sourced from nuclear power. Headquartered in France with an international reach, NUVIA is a successful and innovative provider of solutions to the nuclear energy sector. This agreement extends the platform for the continued integration of Cymat SmartMetal ™ panels within NUVIA's Nufoam ™ systems.
France's nuclear energy plants are undergoing extensive life extension programs. Globally, nuclear electricity generation is receiving increased attention as an option for low-carbon energy production. This compact will serve to support Cymat/NUVIA joint marketing initiatives, both within France and internationally.
As previously announced, Cymat supplies SmartMetal ™ panels for inclusion in Nufoam ™ solutions that provide protection of nuclear facilities and infrastructure against external environmental threats. Ongoing sales of these panels will be further supported by this agreement.
Cymat CEO and Chairman Michael Liik stated, "We are pleased to formalize our relationship with NUVIA and look forward to a fruitful long-term relationship with them." He went on to say, "After so many years of development work, nuclear now forms a solid pillar of strong and predictable revenue growth for Cymat."
Michael Liik will lead an Investor Update call and presentation on Thursday May 1 st at 4:00 PM Eastern Time (ET), hosted by Investor Cubed. Full details of the event are outlined below.
• Date: Thursday, May 1 st, 2025
• Time: 4:00 PM Eastern Time (ET)
Please see below the link to the webinar.
https://us06web.zoom.us/webinar/register/WN_npcHHfMkRSmqbAz7jSCkqA
About Cymat Technologies Ltd.
Cymat Technologies Ltd. has the global rights, through patents and established know-how, to manufacture and sell Stabilized Aluminum Foam ("SAF"), a unique, ultra-light, cellular metallic material. The proprietary production process entails the injection of gases through a molten bath of alloyed aluminum infused with ceramic particles. The result is an advanced, lightweight, recyclable material that exhibits unique characteristics including customizable density and dimensions; mechanical energy absorption; thermal and acoustic insulation; and time, temperature and strain-rate insensitivity. A key benefit of this continuous foam production process is its scalability and resultant low cost of production. SAF is used in such industries as architectural design, military and automotive. Cymat markets its architectural SAF under the Alusion ™ brand and its automotive and military SAF under the SmartMetal ™ brand. For further information, please visit our website at www.cymat.com.
About Nuvia
Subsidiary of the world-leading VINCI group and nuclear division of Soletanche Freyssinet, Nuvia is an international company that has been operating on highly regulated and sensitive industrial sites for over 60 years. Drawing on its experience in the nuclear industry, Nuvia supports its industrial clients in sensitive and highly regulated environments throughout the life cycle of their installations. Nuvia operates in numerous business sectors, including nuclear energy, civil and military defense, health, and the environment, offering its clients a full range of support services, engineering and the products necessary for the design, construction, operation and dismantling of their industrial installations. www.nuvia.com
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Certain material assumptions regarding such forward-looking statements may be discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at www.sedar.com. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Cision Canada
30 minutes ago
- Cision Canada
NEVADA KING ANNOUNCES RESULTS OF SHAREHOLDER MEETING AS WELL AS BOARD AND MANAGEMENT CHANGES
VANCOUVER, BC, Aug. 14, 2025 /CNW/ - Nevada King Gold Corp. (TSXV: NKG) (OTCQB: NKGFF) (" Nevada King" or the " Company") is pleased to announce that, at its meeting of Shareholders (the " Shareholders") held today, August 14, 2025, Shareholders approved the re-election of Collin Kettell and William Hayden to the Board of Directors (the " Board") of the Company . In addition, John Sclodnick and Michael Doolin were elected to the Board. Former directors Paul Matysek and Craig Roberts did not stand for re-election. Effective immediately, Mr. Sclodnick will serve as the Company's Chief Executive Officer replacing Collin Kettell, who remains a Director of the Company. Mr. Kettell was appointed Chairman on the date hereof. In addition, the Company announces the appointment of Jeff Stieber as the Company's Chief Financial Officer, following the resignation of Bassam Moubarak. "On behalf of the company, I'd like to thank Paul Matysek, Craig Roberts, and Bassam Moubarak for their significant contributions since inception. We wish them all every success in their future endeavours", stated Mr. Kettell. "I am also pleased to welcome Jeff Stieber, whose senior leadership experience across exploration, development, and production stages will be invaluable as we advance our Atlanta project, and I'm excited to see John Sclodnick take over the role as CEO of the Company. Over the past year, working closely with John has strengthened my confidence in his leadership, which has already helped drive increased institutional ownership. As Founder and Chairman, I am confident the Company is on a strong path forward under his guidance and I look forward to working in tandem with him to advance Nevada King." Mr. Sclodnick, CEO stated: "It is an exciting time for Nevada King, with exploration momentum building across a number of highly prospective targets at our Atlanta project, to complement our high-grade and high-confidence resource. I'm eager to continue to build that momentum alongside our dedicated and energized team, to advance these targets, generate significant discoveries, and create real value for our shareholders." All other matters put forward before the Shareholders at the meeting for consideration and approval, including the re-appointment of Davidson & Company LLP, Chartered Professional Accountants, as auditor of the Company at a remuneration to be fixed by the Board, and renewal of the stock option plan of the Company, as set out in the Company's Management Information Circular dated July 4, 2025, were approved. With more than 35 years of experience in the mining industry, Mr. Doolin has led various companies in driving operational efficiency. At Karora Resources Inc., he served as Senior Vice President of Technical Services and was a key player in increasing the company's throughput from 340,000 to 1.6 million tonnes per annum, which was a significant factor in its successful merger. In his capacity as Chief Operating Officer of Klondex Mines Ltd., he played a crucial role in raising gold production from 8,000 to 200,000 ounces per year, which contributed to the company's acquisition by Hecla Mining Company. Mr. Doolin has also held Chief Executive and Chief Operating Officer positions at Silver Elephant Mining, as well as leadership roles as Mill Manager at Great Basin Gold and Metallurgical Lab Lead at McClelland Labs. He currently serves as Chief Operating Officer of Americas Gold and Silver Corporation and Culico Metals Inc. Jeff Stieber Mr. Stieber has over 19 years of experience in finance, accounting, and strategy, having held senior executive roles with Hycroft Mining, Klondex Mines, Tahoe Resources, White Pine Precious Metals, and Bendito Resources. He is knowledgeable in all phases of mining project development, from guiding exploration-stage projects to advancing development assets into production and cash flow generation. Mr. Stieber is a Certified Public Accountant in the State of Nevada and a Certified Financial Modeling & Valuation Analyst. He also currently serves as a director for Chesapeake Gold Corp. About Nevada King Gold Corp. Nevada King is focused on advancing and growing its 100% owned, past producing, 130km 2 Atlanta Gold Mine project located along the Battle Mountain trend in southeast Nevada. The project hosts an NI 43-101 compliant pit-constrained oxide resource of 1,020koz Au in the measured and indicated category (27.7M tonnes at 1.14 g/t) plus an inferred resource of 99koz Au (3.6M tonnes at 0.84 g/t). See the NI 43-101 Technical Report titled "Technical Report and Estimate of Gold and Silver Mineral Resources for the Atlanta Project, Lincoln County, Nevada, USA" with an effective date of September 6, 2024, and a report date of July 18, 2025, as prepared by RESPEC (formerly Mine Development Associates) and filed under the Company's profile on SEDAR+ NI 43-101 Mineral Resources at the Atlanta Mine by RESPEC 2025 Please see the Company's website at Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statements Regarding Forward Looking Information This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating the future operations and activities of Nevada King, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or" should" occur or be achieved. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Nevada King, are inherently subject to significant business, economic, technical, geologic, environmental, regulatory, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability to complete proposed exploration work, the results of exploration, continued availability of capital, and changes in general economic, market and business conditions. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. Nevada King does not assume any obligation to update forward-looking statements should beliefs, opinions, projections, or other factors, change, except as required by applicable securities laws. SOURCE Nevada King Gold Corp.
Cision Canada
30 minutes ago
- Cision Canada
Exro Technologies Reports Second Quarter 2025 Results
CALGARY, AB, Aug. 14, 2025 /CNW/ - Exro Technologies Inc. (TSX: EXRO) ("Exro" or the "Company"), a leading technology company specializing in power control solutions for electric vehicles and energy storage, today announced its financial results for the second quarter ended June 30, 2025. Q2 2025 Highlights Revenue of $2.9 million from the delivery of 18 electric propulsion units and aftersales services. Completed strategic wind-down of Asia-Pacific operations, retaining intellectual property and key subsidiaries. To date, accessed US$10.0 million of the up to US$30.0 million debt facility from an existing lender. Financial Results Revenue for Q2 2025 was $2.9 million, compared to $4.7 million in Q2 2024, reflecting reduced unit volumes in response to slower EV adoption rates. Gross margin per unit improved versus the prior year, excluding inventory provisions. Net loss from continuing operations was $81.7 million, which includes significant non-cash adjustments associated with the Company's strategic focus. These adjustments include: A $48.5 million impairment of intangible assets — primarily developed technology, brand, and customer relationships — reflecting the wind-down of APAC operations, and updated production forecasts. An $11.1 million inventory provision, also non-cash, related to the identification of excess and obsolete inventory. This provision aligns inventory values with near-term forecasted production and a leaner capital-efficient operating model. Update on Strategic Process The Company confirms that the strategic review process described in its May 16, 2025 press release remains ongoing. The Company is in active negotiations with credible strategic partners, and continues to draw on its US$30 million interim finance facility as appropriate. The Company will provide further updates in due course, but cautions that there can be no assurance that any transaction will be consummated. ABOUT EXRO TECHNOLOGIES INC. Exro Technologies Inc., now expanded through the strategic acquisition of SEA Electric, is a leading technology company that has developed new-generation power control electronics. Its innovative suite of solutions, including Coil Driver™, Cell Driver™, and SEA-Drive®, expand the capabilities of electric motors and batteries and offer OEMs a comprehensive e-propulsion solution with unmatched performance and efficiency. Exro is reshaping global energy consumption, accelerating adoption towards a circular electrified economy by delivering more with less – minimum energy for maximum results. For more information visit our website at To view our Corporate Presentation visit us at Visit us on social media @exrotech. CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS This news release contains forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning of applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified using terminology such as "plans", "expects", "estimates", "intends", "anticipates", "believes" or variations of such words, or statements that certain actions, events or results "may", "could", "would", "might", "will be taken", "occur" or "be achieved". Forward looking statements involve risks, uncertainties and other factors disclosed under the heading "Risk Factors" and elsewhere in the Company's filings with Canadian securities regulators, that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Although the Company believes that the assumptions and factors used in preparing these forward-looking statements are reasonable based upon the information currently available to management as of the date hereof, actual results and developments may differ materially from those contemplated by these statements. Readers are therefore cautioned not to place undue reliance on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. This information is qualified in its entirety by cautionary statements and risk factor disclosure contained in filings made by the Company with the Canadian securities regulators, including the Company's annual information form for the financial year ended December 31, 2024, and financial statements and related MD&A for the financial year ended December 31, 2024, filed with the securities regulatory authorities in certain provinces of Canada and available at Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties, and factors that could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated, or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law. Neither the Toronto Stock Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this press release.
Globe and Mail
30 minutes ago
- Globe and Mail
Digi Power X Reports Solid Mid-Year Financial Position, Removal of ‘Going Concern' Risk and Positive Adjusted EBITDA in Q2 2025
This news release constitutes a 'designated news release' for the purposes of the Company's prospectus supplement dated May 30, 2025 to its short form base shelf prospectus dated May 15, 2025. MIAMI, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Digi Power X Inc. (' Digi Power X ' or the ' Company ') (Nasdaq: DGXX / TSXV: DGX), an innovative energy infrastructure company specializing in Tier 3 AI data centers, high-performance computing and sustainable digital asset operations, today announced its unaudited financial results for the three and six months ended June 30, 2025 (all amounts in U.S. dollars, unless otherwise indicated). The Company's unaudited consolidated financial statements and management's discussion and analysis (' MD&A ') for the three and six-month period ended June 30, 2025, have been filed and made accessible under the Company's continuous disclosure profile on SEDAR+ at and are also available on the SEC's EDGAR website at Q2 Highlights Going Concern Removed – Significant balance sheet improvements have eliminated the 'going concern' risk previously disclosed in financial statements. Positive Adjusted EBITDA* achieved in Q2 2025, representing a major milestone toward sustainable profitability. Positive Working Capital Position Capital Raises – $6.6 million private placement + $4.5 million from warrant exercises = $12.9 million in Q2 2025. No long-term debts – Eliminated all loans payable and reduced accounts payable by more than $3.6 million since year-end 2024. Colocation revenue for the first six months of 2025 climbed to $9.57 million, a 163% increase year-over-year. Strategic & Operational Updates First B200 GPU Cluster Deployment on Track – In partnership with Super Micro Computers, Inc. (SMCI), the Company remains on schedule to have its first NVIDIA B200 GPU cluster fully operational by Q1 2026, marking a major milestone in its AI infrastructure roadmap. Advanced AI Customer Discussions – The Company is in advanced discussions with multiple AI customers to secure long-term infrastructure contracts, which are expected to increase revenue growth once finalized. Increased Energy Sales Revenue – Energy sales grew 127% year-over-year in Q2 2025 to $5.7 million, monetizing power assets alongside core colocation services. Operational Streamlining – Reduced cost of revenue and depreciation expenses by over $6.3 million compared to the first half of 2024, positioning the Company for improved margins ahead. Current Financial Position Strong Liquidity Position – As of today, Digi Power X holds over $30 million in cash, Bitcoin, Ethereum and cash equivalents, its strongest liquidity position in company history. Post-Quarter Capital Boost – Subsequent to quarter-end, the Company raised an additional $1.83 million through warrant exercises. 'The removal of the going concern risk and our achievement of over $30 million in cash and equivalents, including holdings of approximately 80 Bitcoin and 715 Ethereum, is a transformational moment for Digi Power X,' said Michel Amar, Chief Executive Officer of the Company. 'We now have the financial strength and operational momentum to capitalize on the rapidly expanding AI infrastructure market, with our first NVIDIA B200 GPU cluster set to go live in Q1 2026 and a pipeline of AI infrastructure contracts in advanced negotiations.' Looking ahead The Company expects continued strength in colocation and AI infrastructure deployments in the second half of 2025, supported by rising demand from enterprise AI, fintech and data-intensive sectors. Strong partnerships and enhanced liquidity position Digi Power X to pursue larger-scale projects, including planned expansions in Alabama and North Carolina. Digi Power X expects: Multiple AI customer contracts to be signed in Q4 2025 First B200 GPU cluster operational in Q4 2025/Q1 2026 Continued colocation and AI infrastructure growth supported by strong partnerships and expanded capacity Operations Update The Company currently operates with approximately 100MW of available power across its three sites and is working to expand its capacity to 200MW and beyond. The Company plans to fuel this growth using its existing asset portfolio, combined with strategic expansion through targeted acquisitions. At-the-Market Financing Update On May 30, 2025, the Company entered into an at-the-market sales agreement with A.G.P./Alliance Global Partners as sales agent (the 'Agent'), pursuant to which the Company established an at-the-market equity program (the 'ATM Program'). From the commencement of the ATM Program through June 30, 2025, the Company issued 806,291 subordinate voting shares in exchange for gross proceeds of $1,759,800, at an average share price of $2.13, and received net proceeds of $1,715,597 after paying commissions of $44,203 to the Agent. About Digi Power X Digi Power X is an innovative energy infrastructure company that develops data centers to drive the expansion of sustainable energy assets. For further information, please contact: Michel Amar, Chief Executive Officer Digi Power X Inc. Investor Relations T: 888-474-9222 Email: IR@ Cautionary Statement Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements Except for the statements of historical fact, this news release contains 'forward-looking information' and 'forward-looking statements' (collectively, 'forward-looking information') that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. Forward-looking information in this news release includes information about the Company's expectations concerning the timeline for implementing its strategic plans, including as part of its various partnerships; the strength of demand for AI-related and colocation services; the issuance of a patent in respect of the ARMS system, deployment of the NVIDIA Blackwell 200 GPUs and the timing for and impact of that deployment potential further improvements to profitability and efficiency across the Company's operations, including, as a result of the Company's expansion efforts, potential for the Company's long-term growth and clean energy strategy, and the business goals and objectives of the Company. Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: results of provisional utility patent application are uncertain and may not result as anticipated by Company, including the issuance of a nonprovisional utility patent, which may not occur on a timely basis or at all; delivery of equipment and implementation of systems may not occur on the timelines anticipated by the Company, or at all; future capital needs and uncertainty of additional financing; share dilution resulting from equity issuances; risks relating to the strategy of maintaining and increasing Bitcoin holdings and the impact of depreciating Bitcoin prices on working capital; effects on Bitcoin prices as a result of the most recent Bitcoin halving; development of additional facilities and installation of infrastructure to expand operations may not be completed on the timelines anticipated by the Company, or at all; ability to access additional power from the local power grid and realize the potential of the clean energy strategy on terms which are economic or at all; a decrease in cryptocurrency pricing, volume of transaction activity or generally, the profitability of cryptocurrency mining; further improvements to profitability and efficiency may not be realized; development of additional facilities to expand operations may not be completed on the timelines anticipated by the Company; ability to access additional power from the local power grid; an increase in natural gas prices may negatively affect the profitability of the Company's power plant; the digital currency market; the Company's ability to successfully mine digital currency on the cloud; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company's operations; the volatility of digital currency prices; and other related risks as more fully set out in the Annual Information Form of the Company and other documents disclosed under the Company's filings at and The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about, among other things, the current profitability in mining cryptocurrency (including pricing and volume of current transaction activity); profitable use of the Company's assets going forward; the Company's ability to profitably liquidate its digital currency inventory as required; historical prices of digital currencies and the ability of the Company to mine digital currencies on the cloud will be consistent with historical prices; the ability to maintain reliable and economical sources of power to run its cryptocurrency mining assets; the negative impact of regulatory changes in the energy regimes in the jurisdictions in which the Company operates; and there will be no regulation or law that will prevent the Company from operating its business. The Company has also assumed that no significant events occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainties therein. The Company undertakes no obligation to revise or update any forward-looking information other than as required by applicable law. * ADJUSTED EBITDA – NON-IFRS MEASURE Adjusted EBITDA is a non-IFRS financial measure and should be read in conjunction with and should not be viewed as an alternative to or replacement of measures of operating results and liquidity presented in accordance with IFRS. Readers are referred to the reconciliations of non-IFRS measures included in the Company's MD&A and in the table below. The following table provides a reconciliation of net income to Adjusted EBITDA for the first two quarters of 2025: Q2 2025 Q1 2025 $ $ Loss before other items (10,385,750) (1,688,532) Taxes and Interest 20,390 (6,923) Depreciation 1,573,691 2,172,791 Revaluation of warrant liabilities 3,431,921 (2,919,893) FX 3,538,930 63,294 FV Changes (450,288) 109,966 Share based compensation 2,069,041 1,038,785 Adjusted EBITDA 248,223 (1,340,478) (U.S.$ in thousands except per share data) Six Months Ended June 30 2025 June 30 2024 Revenue from digital currency mining 2,161 9,779 Revenue from colocation services 9,570 3,637 Revenue from sale of electricity - 6,283 Revenue from sale of energy 5,657 2,490 Cost of sales (15,252) (17,177) Depreciation and amortization (3,746) (7,903) Gross profit (loss) (1,611) (2,890) General and administrative and other expenses (3,886) (2,262) Foreign exchange (3,602) 2,003 Gain on disposition of cryptocurrencies 654 271 Change in FV of loan payable and salaries payable (283) (20) Other Income - 14 Share based compensation (3,108) (750) Gain on revaluation of digital currencies 286 49 Operating loss (11,549) (3,586) Revaluation of warrant liabilities (512) 3,682 Net financial expenses (13) (17) Net loss before income taxes (12,074) 79 Deferred tax (expense) recovery - - Net income (loss) for the year (12,074) 79 Foreign currency translation adjustment 3,205 (1,847) Revaluation of digital currency, net of tax - - Total comprehensive income (loss) for the year (8,869) (1,768) Basic and diluted income (loss) per share (0.34) 0.00 Weighted average number of subordinate voting shares outstanding – diluted 35,799,779 29,297,364
