Cymat secures 10-year nuclear industry supply deal
Cymat Technologies (TSXV:CYM), a provider of Stabilized Aluminum Foam, signed a 10-year supply agreement with France's Nuvia, an existing nuclear energy industry partner
The agreement extends the ongoing integration of Cymat SmartMetal panels within Nuvia's Nufoam systems to protect infrastructure and nuclear facilities
Cymat manufactures and sells Stabilized Aluminum Foam, a patented, ultra-light, cellular metallic material with applications in architectural design, military and automotive
Cymat stock has given back 27.78 per cent year-over-year and 45.83 per cent since 2020
Cymat Technologies (TSXV:CYM), a provider of Stabilized Aluminum Foam, signed a 10-year supply agreement with France's Nuvia, an existing nuclear energy industry partner.
Nuvia – a subsidiary of the VINCI group and nuclear division of Soletanche Freyssinet – has over 60 years of experience operating in highly regulated and sensitive industrial sites throughout the project life cycle, including nuclear energy, civil and military defense, health and environmental. The company is based in France, the world's largest producer of nuclear electricity at 70 per cent of domestic supply.
The agreement extends the ongoing integration of Cymat SmartMetal panels within Nuvia's Nufoam systems, which protect nuclear facilities and infrastructure against environmental threats.
The companies intend to undertake joint marketing initiatives within France and internationally, with eyes on capitalizing on the rising demand for nuclear power from governments around the world to better align with emissions reduction goals. Leadership insights
'We are pleased to formalize our relationship with Nuvia and look forward to a fruitful long-term relationship with them,' Michael Liik, Cymat's chairman and chief executive officer, said in a statement. 'After so many years of development work, nuclear now forms a solid pillar of strong and predictable revenue growth for Cymat.' About Cymat Technologies
Cymat manufactures and sells Stabilized Aluminum Foam, a patented, ultra-light, cellular metallic material notable for its customizable density and dimensions, mechanical energy absorption, thermal and acoustic insulation, as well as time, temperature and strain-rate insensitivity. The technology, marketed under the SmartMetal brand, has applications in architectural design, military and automotive.
Cymat stock (TSXV:CYM) is up by 8.33 per cent trading at C$0.13 as of 9:33 am ET. The stock has given back 27.78 per cent year-over-year and 45.83 per cent since 2020.
Join the discussion: Find out what everybody's saying about this industrial materials stock on the Cymat Technologies Ltd. Bullboard and check out Stockhouse's stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
(Top photo of Stabilized Aluminum Foam: Cymat Technologies)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Cision Canada
5 hours ago
- Cision Canada
Alvopetro Announces May 2025 Sales Volumes and an Operational Update including 183-D4 Well Results
CALGARY, AB, June 10, 2025 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces May 2025 sales volumes and an operational update, including results from our 183-D4 well. Based on cased hole logs and logs while drilling, the well encountered 61 metres total vertical depth ("TVD") potential net natural gas pay in the Caruaçu Formation 106 metres updip of our 183-A3 well. President & CEO, Corey C. Ruttan commented: "May sales included the first full month of production from our first two wells drilled in Western Canada averaging 346 bopd gross (173 bopd net), exceeding our pre-farmin expectations and we are looking forward to drilling our next two wells here starting this summer. We are also encouraged by our 183-D4 results and expect to have this well on production in Q3 to fuel continued production growth in Brazil." May Sales Volumes (1) Alvopetro reported volumes are based on sales volumes which, due to the timing of sales deliveries, may differ from production volumes. May sales volumes in Brazil averaged 2,161 boepd, including natural gas sales of 12.3 MMcfpd and associated natural gas liquids sales from condensate of 111 bopd, based on field estimates. Sales volumes decreased 9% compared to April due to turnarounds at both Alvopetro facilities and Bahiagás end user plants, which impacted demand in the month. In Canada, with a full month of production in May, Alvopetro's net 50% share of oil sales volumes increased to 173 bopd, bringing the Company's total sales to 2,334 boepd, based on field estimates. Operational Update 183-D4 Well Results We have now completed the sidetrack and drilling of our 183-D4 well on our 100% Murucututu natural gas field. The well was drilled to a total measured depth of 3,072 metres and has been cased and cemented. The well encountered the Caruaçu Member of the Maracangalha Formation 106 metres structurally updip of our 183-A3 success. Based on cased-hole gamma ray logs and normalized gas while drilling, the well encountered potential natural gas pay in the Caruaçu Member of the Maracangalha Formation, with an aggregate 61 metres of potential natural gas pay between 2,439 and 2,838 meters TVD. Based on these drilling results, we plan to complete the well in up to 5 intervals and expect the well to be on production to the field production facility in the third quarter. Caburé Unit Development Drilling Program Our planned Caburé Unit development drilling program has commenced. The first well has now been spud and we expect to have four wells drilled by the end of the third quarter. Western Canadian Capital Plan In Western Canada, well pad construction for our next two wells has commenced and we expect the wells to be drilled in the third quarter. Annual General Meeting Alvopetro's annual general and special meeting (the "Meeting") will be held on Wednesday, June 18, 2025 at the offices of Torys LLP (Suite 4600, 525 8 th SW, Calgary, Alberta) beginning at 9:30 a.m. Mountain time. The management information circular and all related materials are available on our website and All interested parties are invited to attend the Meeting. We will also be broadcasting the meeting via live webcast for the interest of all shareholders. Please be advised that shareholders will not be able to vote any shares through this webcast format. Details for joining the event are as follows: Follow Alvopetro on our social media channels at the following links: Twitter - Instagram - LinkedIn - Alvopetro Energy Ltd. is deploying a balanced capital allocation model where we seek to reinvest roughly half our cash flows into organic growth opportunities and return the other half to stakeholders. Alvopetro's organic growth strategy is to focus on the best combinations of geologic prospectivity and fiscal regime. Alvopetro is balancing capital investment opportunities in Canada and Brazil where we are building off the strength of our Caburé and Murucututu natural gas fields and the related strategic midstream infrastructure. 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 news release. Abbreviations: boepd = barrels of oil equivalent ("boe") per day bopd = barrels of oil and/or natural gas liquids (condensate) per day BRL = Brazilian Real Mcf = thousand cubic feet Mcfpd = thousand cubic feet per day MMcf = million cubic feet MMcfpd = million cubic feet per day NGLs = natural gas liquids (condensate) BOE Disclosure The term barrels of oil equivalent ("boe") may be misleading, particularly if used in isolation. A boe conversion ratio of six thousand cubic feet per barrel (6 Mcf/bbl) of natural gas to barrels of oil equivalence is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. All boe conversions in this news release are derived from converting gas to oil in the ratio mix of six thousand cubic feet of gas to one barrel of oil. Well Results Data obtained from the 183-D4 well identified in this press release, including hydrocarbon shows, cased-hole logging data, and potential net pay should be considered preliminary until testing, detailed analysis and interpretation has been completed. Hydrocarbon shows can be seen during the drilling of a well in numerous circumstances and do not necessarily indicate a commercial discovery or the presence of commercial hydrocarbons in a well. There is no representation by Alvopetro that the data relating to the 183-D4 well contained in this press release is necessarily indicative of long-term performance or ultimate recovery. The reader is cautioned not to unduly rely on such data as such data may not be indicative of future performance of the well or of expected production or operational results for Alvopetro in the future. Forward-Looking Statements and Cautionary Language This news release contains forward-looking information within the meaning of applicable securities laws. The use of any of the words "will", "expect", "intend", "plan", "may", "believe", "estimate", "forecast", "anticipate", "should" and other similar words or expressions are intended to identify forward-looking information. Forward‐looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to vary significantly from the expectations discussed in the forward-looking statements. These forward-looking statements reflect current assumptions and expectations regarding future events. Accordingly, when relying on forward-looking statements to make decisions, Alvopetro cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties. More particularly and without limitation, this news release contains forward-looking statements concerning potential net natural gas pay in the 183-D4 well and expectations regarding future completion plans for the well as well as timing of production commencement from the well, future production and sales volumes, plans relating to the Company's operational activities, and other exploration and development activities in both Canada and Brazil and the timing for such activities. Forward-looking statements are necessarily based upon assumptions and judgments with respect to the future including, but not limited to the success of future drilling, completion, testing, recompletion and development activities and the timing of such activities, the performance of producing wells and reservoirs, well development and operating performance, expectations and assumptions concerning the timing of regulatory licenses and approvals, equipment availability, environmental regulation, including regulations relating to hydraulic fracturing and stimulation, the ability to monetize hydrocarbons discovered, the outlook for commodity markets and ability to access capital markets, foreign exchange rates, the outcome of any disputes, the outcome of redeterminations, general economic and business conditions, forecasted demand for oil and natural gas, the impact of global pandemics, weather and access to drilling locations, the availability and cost of labour and services, and the regulatory and legal environment and other risks associated with oil and gas operations. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be incorrect. Actual results achieved during the forecast period will vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. Current and forecasted natural gas nominations are subject to change on a daily basis and such changes may be material. In addition, the declaration, timing, amount and payment of future dividends remain at the discretion of the Board of Directors. Although we believe that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because we can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, risks associated with the oil and gas industry in general (e.g., operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production, costs and expenses, reliance on industry partners, availability of equipment and personnel, uncertainty surrounding timing for drilling and completion activities resulting from weather and other factors, changes in applicable regulatory regimes and health, safety and environmental risks), commodity price and foreign exchange rate fluctuations, market uncertainty associated with trade or tariff disputes, and general economic conditions. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be incorrect. Although Alvopetro believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Alvopetro can give no assurance that it will prove to be correct. Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information on factors that could affect the operations or financial results of Alvopetro are included in our AIF which may be accessed on Alvopetro's SEDAR+ profile at The forward-looking information contained in this news release is made as of the date hereof and Alvopetro undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. SOURCE Alvopetro Energy Ltd.
Cision Canada
6 hours ago
- Cision Canada
AGEDB Technology Announces Share Consolidation
VANCOUVER, BC, June 10, 2025 /CNW/ - AGEDB Technology Ltd. (" AGEDB" or the " Company") (TSXV: AGET) announces that the Board of Directors have approved a consolidation of the Company's common shares on the basis of one (1) post-consolidated share for every ten (10) pre-consolidated shares (the "Consolidation"). Currently, the Company has 42,383,200 common shares issued and outstanding. Following the Consolidation, the Company will have approximately 4,238,320 common shares issued and outstanding. No fractional shares will be issued but will instead be rounded as provided for in section 83(1) of the Business Corporations Act (British Columbia). The Company's outstanding convertible securities shall be adjusted according to the consolidation ratio. The Company's name and trading symbol on the TSX Venture Exchange shall remain the same. The Company will issue a further news release announcing the effective date in which the Company will commence trading on a consolidated basis. The Consolidation remains subject to the approval of the TSXV. About AGEDB Technology Ltd. AGEDB Technology Ltd. (TSXV : AGET) is a leading provider of enterprise database solutions. The company specializes in advanced database technologies, including graph databases and data processing systems, offering robust solutions to clients worldwide. AGEDB Technology Ltd. On behalf of the board of directors, "Young Seung Ko" Director Neither 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 This news release contains statements that constitute "forward-looking statements." Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.
Cision Canada
9 hours ago
- Cision Canada
Comet Lithium to Launch 2025 Exploration Program at Triple L and Elmer East Properties, Targeting Copper-Nickel and Lithium Anomalies
Highlights: Fieldwork to commence on June 13th at the Triple L and Elmer East properties, in collaboration with Dahrouge Geological Consulting Ltd. Intensive surface exploration program will include 35 traverses across high-priority targets. Triple L Property exploration will focus on refining MAG and TDEM anomalies using a Beep Mat to identify potential copper-nickel mineralization. The 17-day program will involve two experienced field teams, with Comet's VP of Exploration, Vincent Cardin-Tremblay, actively participating in the exploration efforts. ROUYN-NORANDA, QC, June 10, 2025 /CNW/ - Comet Lithium Corporation (TSXV: CLIC) (FSE: 8QY) ("Comet Lithium" or the "Corporation") is pleased to announce the launch of its 2025 Phase 1 Exploration Program, set to begin on June 13, 2025, on its 100%-owned Triple L and Elmer East properties in the Eeyou Istchee James Bay region of the province of Québec. Prospecting Program: A Targeted, First-Pass Program Comet's 17-day field campaign will be conducted in partnership with Dahrouge Geological Consulting Ltd., adding proven technical expertise to the Corporation's exploration efforts. Two experienced field teams will carry out investigation, detailed mapping, sampling, and traverses across 35 planned lines in areas deemed most prospective for mineralization (shown in red in Figures 1 to 5 below). Triple L Property High-priority targets at Triple L Property were identified and selected through the interpretation of 2024 high-resolution magnetic (MAG) and time-domain electromagnetic (TDEM) survey results, alongside satellite image interpretation. Several prospective anomalies will be investigated by the field team, with support from a Beep Mat to refine target detection for potential copper-nickel mineralization. These high-priority zones are highlighted in red on the maps (see Figure 1). Geophysical surveys are not definitive, and the results are still at an early stage of interpretation, with no guarantee of a mineral discovery. The Beep Mat is a portable electromagnetic survey instrument that continuously records subsurface readings as it is pulled along the ground by an operator. It emits a distinctive audible "beep" when a conductive body is detected within approximately three metres. Elmer East Property At the Elmer East Property, priority prospecting targets were identified via satellite image analysis. The high-priority zones, shown in red (Figure 2), represent areas where bedrock is most likely outcropping or sub-outcropping, with potential for lithium-bearing pegmatites. Several outcrops have been identified in the southern block of the Elmer East Property. "We're excited to kick off the 2025 exploration program at our Triple L and Elmer East properties," said Vincent Metcalfe, Chair and CEO of Comet Lithium. "This initial phase is a critical step in advancing our portfolio, and our systematic, first-pass approach is designed to efficiently evaluate multiple high-priority target areas. At Triple L, identifying copper-nickel showings is a key focus, and our early geophysical interpretation and satellite analysis have revealed highly promising anomalies. With the expertise of our field teams and partners, we're well positioned to uncover meaningful mineralization and unlock the broader potential of both properties." Qualified Person Vincent Cardin-Tremblay, P. Geo (ogq #1386, PGO #3347), registered in the Provinces of Québec, and Ontario is Vice President Exploration to Comet Lithium, is a qualified person under National Instrument 43‑101 – Standards of Disclosure for Mineral Projects. He has reviewed the technical contents of this news release and has approved the disclosure of the technical information contained herein. About Dahrouge Geological Consulting Ltd. Dahrouge Geological Consulting Ltd. Is a global mining and mineral exploration consulting group providing expertise in professional geological, logistical, and project management services through all stages of the mining value chain. Based in Edmonton, AB, CAN, Montreal, QC, CAN, and Denver, CO, USA, Dahrouge and its predecessor, Halferdahl and Associates, have advised and assisted clients in identifying, exploring, developing, and optimizing mineral projects and resources since 1971. About Comet Lithium Corporation Comet Lithium is a dynamic exploration company with a growing portfolio of highly prospective assets located in Québec, including several properties in the prolific James Bay District. The Company's land package includes the Liberty Property, located adjacent to Winsome Resources' Adina lithium discovery, and the Troilus East Property, positioned next to Troilus Gold's gold-copper project. Comet's strategy is focused on systematic exploration and unlocking the value of its diverse property portfolio through targeted fieldwork and strategic partnerships. Forward-Looking Statements This news release contains statements that may constitute "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information may include, among others, statements regarding the future plans, costs, objectives or performance of Comet Lithium, or the assumptions underlying any of the foregoing. In this news release, words such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, including if any planned exploration programs on the Triple L and Elmer East Properties, including the planned phase 1 exploration program described in this press release, will occur, the timing to conduct such exploration program and the results of such exploration programs, and if it does so, what benefits Comet Lithium will derive from any such exploration programs. Forward-looking information is based on information available at the time and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond Comet Lithium's control. These risks, uncertainties and assumptions include, but are not limited to the risks, uncertainties and assumptions described under "Financial Instruments" and "Risk and Uncertainties" in Comet Lithium's Annual Report for the fiscal year ended December 31, 2024, a copy of which is available on SEDAR+ at and could cause actual events or results to differ materially from those projected in any forward-looking statements. Comet Lithium does not intend, nor does it undertake any obligation, to update or revise any forward-looking information contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws. 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 the release.
