Book Online or Call 1-855-SAUSALITO

Sign In  |  Register  |  About Sausalito  |  Contact Us

Sausalito, CA
September 01, 2020 1:41pm
7-Day Forecast | Traffic
  • Search Hotels in Sausalito

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Penny Stocks on the Rise Watchlist (BLTH, WOWI, WRLGF, RAKR)

Savvy investors employ a strategy of tracking momentum in the stock market to secure profits. These are the kinds of stocks that make significant leaps and often maintain their upward trajectory over multiple trading sessions. Now, let's delve into four stocks that have experienced substantial gains recently, making them prime candidates for your watchlist.

American Battery Materials, Inc. (OTC:BLTH)

American Battery Materials is a prominent U.S.-based company specializing in critical mineral exploration and development. Their primary focus revolves around Direct Lithium Extraction (DLE), a vital component in the production of lithium-ion batteries, which power electric vehicles (EVs) and are pivotal in the global shift towards clean energy solutions.

Recent market performance reflects growing investor confidence in ABM. Over the past five days, BLTH has demonstrated remarkable growth, with a 20.00% increase. This rise highlights the company's positive trajectory and its potential to become a key player in the critical mineral sector.

ABM's commitment to environmental responsibility sets them apart in the industry. They are dedicated to sourcing and developing critical minerals while ensuring minimal environmental impact. Their flagship project, the Lisbon Valley Project, located in San Juan County, Utah, stands as a testament to this commitment.

One noteworthy achievement is ABM's recent expansion of its strategic land holdings. Through the acquisition and staking of additional lithium mining claims adjacent to the Lisbon Valley Project, the company's land position has grown exponentially to approximately 14,300 acres. This significant increase from its initial 2,000 acres demonstrates ABM's dedication to securing the vital resources needed for the energy transition.

Sebastian Lux, Co-Chief Executive Officer of ABM, emphasized the importance of these newly acquired mining claims. They validate ABM's belief in the substantial lithium deposits within the Lisbon Valley brine, making it a critical asset in the pursuit of their mission.

ABM's mission extends beyond commercial success; it aligns with the broader national initiative for a greener future. By expanding access to lithium deposits, ABM actively contributes to domestic support for the green energy movement in the United States.

Furthermore, ABM's proposed merger with Seaport Global Acquisition II Corp. (NASDAQ: SGII) is a pivotal step in their corporate evolution. Upon completion, the combined entity will be renamed American Battery Materials Holdings and is anticipated to be listed on the Nasdaq Global Market. Shareholders of ABM will receive equity valued at $160 million, enhancing the potential for growth and development.

Investors keen on exploring opportunities in the lithium sector, particularly those interested in penny stocks, should keep an eye on ABM. The company's environmentally responsible approach, extensive land holdings, and participation in the EV revolution position it as a compelling prospect in the critical minerals industry.

Looking For Stocks Ready To Explode? Join Our FREE Newsletter http://capitalgainsreport.com

Metro One Telecommunications, Inc. (OTC:WOWI) 

OTC:WOWI made waves in the market today with a notable surge in its stock price, closing at 0.15 USD, marking an impressive 87.73% increase in a single trading session. While the exact reasons for this surge are not within the scope of this brief overview, it's clear that investors showed strong interest in the company's stock.

Metro One Telecommunications operates as a mobile commerce platform provider in the United States. They offer a Mobile Commerce Merchant Platform, catering to small and medium-sized business retailers, allowing them to launch their own branded mobile applications. Additionally, their Mobile Commerce Enterprise Platform serves larger retailers, including those with brick-and-mortar stores and e-commerce platforms, enabling them to engage with customers both online and in-store through mobile applications. The company also offers Instore engagement Suite solutions.

In terms of recent financial performance, Metro One Telecommunications reported its earnings for the second quarter and six months ending June 30, 2023. For Q2, the company reported sales of USD 0.016865 million, with a net loss of USD 0.706113 million. For the first half of the year, sales amounted to USD 0.03468 million, accompanied by a net loss of USD 2.16 million. Basic and diluted loss per share from continuing operations remained stable at USD 0.01.

West Red Lake Gold Mines Ltd. (OTC:WRLGF)

West Red Lake Gold Mines, a mineral exploration company with a focus on the Red Lake district of Ontario, has made a notable addition to its leadership team. The company recently announced the appointment of Harpreet Dhaliwal as Chief Financial Officer, effective November 15, 2023. This decision reflects the company's strategic move to strengthen its financial management during a pivotal phase of development.

Harpreet Dhaliwal brings a wealth of experience to her new role, with 16 years in the resource sector. Her impressive career includes positions at renowned companies like Uranium One Inc., American Bonanza Gold Corp., Endeavour Mining Corp., Fiore Management & Advisory Corp., and Leagold Mining Corp. Most recently, Dhaliwal served as the Chief Financial Officer at NexGen Energy Ltd., where she oversaw the successful implementation of controls, compliance reporting, and financing programs on multiple stock exchanges.

Dhaliwal's expertise extends to financial and management reporting, treasury, budgeting, and forecasting for multi-jurisdictional mining operations. She has played a pivotal role in merger and acquisition activities, debt and equity financing, and the implementation of efficient finance teams. Her track record in the resource sector makes her a valuable addition to West Red Lake Gold Mines Ltd.

In addition to this key appointment, West Red Lake Gold Mines Ltd. has taken steps to address financial matters by entering into an agreement to issue 50,000 common shares at a deemed price of $0.60 per share in settlement of $30,000 owed to an arms-length creditor. This transaction is pending approval from the TSX Venture Exchange.

Rainmaker Worldwide Inc. (OTC:RAKR)

On September 25, OTC:RAKR saw a remarkable 84.62% increase in its stock price, reaching 0.0012 USD per share.

This remarkable increase in stock value is noteworthy and has garnered the attention of investors. While the precise reasons for this specific price movement may not be immediately evident from the available information, it's clear that investors and the market are reacting positively to developments within the company.

Rainmaker Worldwide Inc. is a Nevada-based company with its head office in Peterborough, Ontario, Canada. It specializes in distributing energy-efficient, fresh water-producing technologies, including Air-to-Water (AW) and Water-to-Water (WW) systems. These technologies are capable of harvesting fresh water from atmospheric humidity (AW) or transforming seawater and polluted water into potable water (WW). What sets Rainmaker apart is its ability to power these systems with renewable sources like wind and solar energy, contributing to sustainability efforts.

Additionally, Rainmaker holds a 12% interest in Rainmaker Holland B.V. (RHBV) in Rotterdam, Netherlands, further enhancing its capabilities in innovation and manufacturing.

Furthermore, a significant development occurred on April 1, 2023, when Rainmaker divested a 60% interest in its subsidiary, Rainmaker Worldwide Inc. (Ontario) (RWI), while retaining a 40% ownership stake. RWI is set to be the driving force behind operations in Canada, the Caribbean, Central America, and South America. This strategic move positions RWI to explore opportunities for acquiring complementary technology and companies, with the goal of enhancing its capabilities.

 

 

Disclaimers:CapitalGainsReport (CGR) is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance that are not statements of historical fact may be forward-looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. CapitalGainsReport (CGR) is owned by RazorPitch Inc. and has been retained by American Battery Materials to assist in the production and distribution of content related to BLTH. 'CGR'  is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by CapitalGainsReport/RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. CGR/RazorPitch is not a fiduciary by virtue of any persons use of or access to this content.

Media Contact
Company Name: Capital Gains Report
Contact Person: Mark McKelvie
Email: Send Email
City: NAPLES
State: FLORIDA
Country: United States
Website: https://capitalgainsreport.com/


Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Photos copyright by Jay Graham Photographer
Copyright © 2010-2020 Sausalito.com & California Media Partners, LLC. All rights reserved.