NA Proactive news snapshot: Exro Technologies, Alpine 4 Technologies,


A glance at some of the day’s highlights from the Proactive Investors US and Canada newswires

Inc (CVE:EXRO) (OCTQB:EXROF) on Monday closed a marketed public offering that raised nearly C$42 million. The net proceeds will be used for further research and development of the company’s intelligent battery management system, micro, light and commercial electric vehicle (EV) programs, marketing, capital investments, and general working capital requirements. The Vancouver-based company said Monday it issued 12,915,384 shares at $3.25 each, which includes an over-allotment sales of an additional 1,684,615 shares.

Alpine 4 Technologies Ltd () announced Tuesday that it has completed its acquisition of Impossible Aerospace Corporation (IA), which builds high-performance electric aircraft and drones. In a statement, Alpine 4 said the transaction was completed by a reverse triangle merger with a newly formed subsidiary of Alpine 4 after filing the merger certificate with the State of Delaware. The Phoenix-based technology-holding company said it will introduce several support subsidiaries in 2021 to further its efforts to capture market share within the drone industry. The CEO of IA has stated that both companies intend to build the nation’s most vertically integrated UAV (unmanned aerial vehicle) manufacturer. 

Recruiter.com Group Inc () reported that it has made what it calls a “significant upgrade” to the software for its AI and video-enabled hiring platform. The company said it has completed the investment to ensure its platform is scalable to meet the employment surge that is set to follow the expected easing of the COVID-19 restrictions in 2021.

() announced Tuesday its advancement to the geotechnical analysis stage of installing solar and battery storage technologies at its Perry County Resources (PCR) carbon mining complex in Kentucky. With this planned installation, the company said it anticipates reducing its long-term electrical and operating costs throughout the complex by reducing its peak utility demand, while also advancing the PCR complex to a cleaner, more sustainable and next-generation mining operation. “It’s time for the mining industry to increase its innovation and adoption of more sustainable and renewable practices,” said CEO Mark Jensen in a statement.

Inc () () has reported encouraging exploration results from its polymetallic Falea project in Mali, which have underscored its potential. The company has identified what it called a “significant” correlation between the Birimian geology, the fault structure and geophysical anomalies in relation to gold mineralization at the site. In July this year, the group reported gold in soil anomalies, which showed potential extensions of the Sirabaya West and Siribaya-Bambadinka gold trends and may intersect within the Falea project. Now it has undertaken a core sampling and…



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