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Supply Critical Graphite Creating a Sizable Investment Opportunity – Baystreet.ca

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The global community must have access to graphite supply outside of China. At the moment, China controls 70% to 80% of the world’s graphite supply, according to Northern Graphite. China also makes almost 100% of the graphite anode material critical for lithium batteries and electric vehicles. To secure supply outside of the region, the U.S. and the European Union have named graphite a supply critical material. The USGS for example includes graphite on its list of 35 minerals and metals considered critical to the United States.

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After all, graphite production needs to more than double over the next five years, according to Northern Graphite, to meet the demands of lithium ion batteries and auto companies. Graphite is a key component of the green economy, for use in lithium ion batteries, fuel cells, grid storage, and many other key technologies.

That’s Where Graphite Companies, like Ceylon Graphite (TSXV:CYL)(OTC:CYLYF) Can Help

Ceylon Graphite just announced that it has signed a Memorandum of Understanding with the intent to enter into an exclusive global licence with Cambridge Advanced Materials Innovation Consultancy Ltd, an arm’s length party incorporated and registered in England. The Definitive License will relate to certain technology, know-how and related intellectual property of CAMI. The CAMI Technology includes an unpublished Great Britain patent application (application number 2101925) and other intellectual property, data, know-how, regulatory filings and other information. CAMI and Ceylon Graphite anticipate entering into the Definitive License within the next 21 days.

The CAMI Technology relates to a method of producing high quality few-layer graphene and derivatives by exfoliation of processed high grade vein graphite produced by Ceylon Graphite. The highly effective exfoliation process is low energy consuming but results in increased yield (>60%) of few-layer graphene products which have been validated for batteries and energy cells in addition to industrial end-user applications.

Dr. Mallika Bohm, CEO of CAMI Consultancy Ltd states, “Key to obtaining best quality graphene is to achieve high exfoliation rate with low energy input. The unique CAMI Technology – has achieved this by using high quality processed Vein graphite with appropriate applied shearing force. Unlike chemical, electrochemical or high-pressure or radiation exfoliation processes, in this process no harmful chemical or changes to bonding structure in graphene is involved. Graphene has many applications in industrial products, most importantly for batteries and energy storage, and coating applications.”

Ceylon Graphite’s Chief Scientific Executive stated, “This industrially scalable process is already designed for large volume production; additional modules can be added as demand increases. Ceylon Graphite’s unique feed stock of the highest carbon content (upgraded to 99.99% Cg), high crystalline graphite material, leads to low energy consumption during the exfoliation process with no waste products to be handled. Few-layer graphene produced using this technology is most suitable as conductive additive materials for energy storage applications and it will be a key material for the development of global decarbonation technology.”

Ceylon Graphite is one of the few producing natural graphite companies in the world, and one of a very few with access to vein graphite with average purity >90% Cg out of the ground, a purity level which eliminates the need for expensive primary upgrading commonly required for flake graphite found in most parts of the world.

“This is a huge development for Ceylon Graphite”, says Bharat Parashar, Chairman and Chief Executive Officer. “As many of you have heard me say our ultimate goal is to graduate from being a producer of high grade, environmentally friendly, natural graphite to a vertically integrated advanced material and technology company. This licence represents a significant step towards reaching that goal.”

The global graphene market is anticipated to reach USD 2.8 Billion by 2027 while exhibiting a CAGR of 39% between 2020 and 2027.  Rise in awareness regarding superior characteristics of graphene and excellent product characteristics, such as high electrical and thermal conductivity, coupled with high electron mobility and high permeability is anticipated to expand the application scope of graphene. Rising product penetration in various applications including energy storage, semiconductors, and sensors is anticipated to further expand the market, also driven by the increasing demand for sustainability solutions across the globe.

Other related developments from around the markets include:

Graphite One Inc. (TSXV:GPH)(OTC:GPHOF) announced that on January 15, 2021 it received notice that the Company’s Graphite Creek Project has been designated a High-Priority Infrastructure Project (HPIP) by the U.S. Government’s Federal Permitting Improvement Steering Committee (FPISC). The approval is the culmination of a process that began with the nomination on October 4, 2019 by Alaska Governor Mike Dunleavy of Graphite One’s project for High-Priority Infrastructure Project designation. “Designating the Graphite Creek Project as a High-Priority Infrastructure Project will send a strong signal that the U.S. intends to end the days of our 100% import-dependency for this increasingly critical mineral,” said Alaska Governor Mike Dunleavy in his nomination letter.

Mason Graphite Inc. (TSXV:LLG)(OTC:MGPHF) provided an update on recent corporate actions and discuss its commitment to the Company’s Lac Guéret Graphite project. Since establishing itself as a new Board of Directors at the Company’s annual general meeting of shareholders held on December 29, 2020, the Company has appointed Messrs. Peter Damouni and Simon Marcotte as executive directors to facilitate an assessment of the Company’s current activities. The existing management team remains intact and is working with the new Board to integrate its knowledge into the Board’s decision-making process. Along with other initiatives, the current focus of the Company on value-added products, carrying higher returns in the near term, will continue its course. But the Lac Guéret Graphite project remains extremely important in the North American ecosystem and is undoubtfully one of the pillars of Québec’s ambitions to become the battery territory of North America.

Tesla Inc. (NASDAQ:TSLA) has released its financial results for the fourth quarter and full year ended December 31, 2020 by posting an update on its Investor Relations website. Please visit http://ir.tesla.com to view the update.

General Motors Company (NYSE:GM) announced a $100 million investment in two of its manufacturing facilities – $93 million at the Romulus, Michigan propulsion plant and $7 million at the Bedford, Indiana casting operations. The Romulus investment will add machining capability, while the Bedford investment will increase the plant’s die casting capabilities. Both investments will support increased production of GM’s 10-speed automatic transmissions used in the award-winning Chevrolet Silverado and GMC Sierra light-duty, full-size pickups. Work will begin immediately at both locations. “Demand for our Chevrolet Silverado and GMC Sierra full-size pickups continues to be very strong and we are taking action to increase the availability of our trucks for our dealers and customers,” said Phil Kienle, GM vice president, North America Manufacturing and Labor Relations. “We appreciate the commitment and hard work our teams display every day at work in Romulus and Bedford, and these investments reflect the importance of their efforts.”

Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Ceylon Graphite by a third party. We own ZERO shares of Ceylon Graphite. Please click here for full disclaimer.

Contact Information:
2818047972
[email protected]

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Want $1 Million in Retirement? Invest $15000 in These 3 Stocks

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Compound interest is a thing of magic. It’s also one of your best bets if you’re looking to retire rich.

It might take time and patience but there’s not a whole lot of heavy lifting when it comes to a buy-and-hold investment strategy. What matters most is having decades of time in front of you, which will allow you to maximize the benefits of compounded returns. And, of course, choosing the right investments is equally important.

The magic of compound interest

With a decent return, building a million-dollar portfolio might not be as hard as you think. An initial investment of $15,000, returning 15% annually, would be worth just shy of $1 million in 30 years.

First off, 30 years is a long time, which means you’ll need to be planning your retirement far in advance. However, all it takes is one initial investment of $15,000 and the right stocks to build a $1 million portfolio.

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Additionally, it’s important to remain realistic and acknowledge that a stock returning 15% annually is not exactly common. That being said, the TSX certainly has its share of dependable companies with track records of returning far more than just 15% per year.

I’ve put together a list of three Canadian stocks that are perfect for hands-off investors who are looking to retire rich.

Constellation Software

It will require a steep initial investment, but Constellation Software (TSX:CSU) is well worth its nearly $4,000-a-share price tag. When it comes to market-crushing returns, the tech stock has been in a league of its own over the past two decades.

Even as the company is now valued at a massive market cap of close to $80 billion, the impressive returns have continued. Shares are up more than 200% over the past five years. That’s good enough for a compound annual growth rate (CAGR) of 25%.

At a 25% annual return, a $15,000 investment would be worth a whopping $12 million in 30 years.

Descartes Systems

Descartes Systems (TSX:DSG) is another tech stock that’s no stranger to delivering market-beating returns. The company is also only valued at a market cap of $10 billion, leaving plenty of room for growth in the coming decades.

There’s a reason why Descartes Systems is one of the few tech stocks trading near all-time highs today. This stock is a proven winner, with lots of growth left in the tank.

Over the past five years, the stock has had a CAGR just shy of 20%.

goeasy

The last pick on my list is a beaten-down growth stock that’s trading at a serious discount.

The consumer-facing financial services provider has been hit by short-term headwinds from sky-high interest rates. With potential rate cuts around the corner though, now could be an excellent time to be loading up on goeasy (TSX:GSY).

Even with shares down 25% from all-time highs, the stock is still nearing a return of 300% over the past five years.

goeasy was crushing the market’s returns before the recent spike in interest rates, and there’s no reason to believe why the company won’t continue to do so for years to come.

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FLAGSHIP COMMUNITIES REAL ESTATE INVESTMENT TRUST ANNOUNCES CLOSING OF APPROXIMATELY US

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TORONTO, April 24, 2024 /CNW/ – Flagship Communities Real Estate Investment Trust (the “REIT” or “Flagship“) (TSX: MHC.U) (TSX: MHC.UN) announced today that it has completed its previously announced public offering (the “Offering“) of 3,910,000 trust units (the “Units“) on a bought deal basis at a price of US$15.35 per Unit for total gross proceeds to the REIT of approximately US$60 million.

The Offering was completed through a syndicate of underwriters co-led by BMO Capital Markets and Canaccord Genuity Corp.

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The REIT intends to use the net proceeds from the Offering to fund a portion of the approximately US$93 million aggregate purchase price for the REIT’s previously announced acquisition of seven manufactured housing communities comprising 1,253 lots (the “Acquisitions“) and for general business purposes. In the event the REIT is unable to consummate one or both of the Acquisitions, the REIT intends to use the net proceeds of the Offering to fund future acquisitions and for general business purposes.

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The REIT has also granted the underwriters an over-allotment option to purchase up to an additional 586,500 Units on the same terms and conditions, exercisable at any time, in whole or in part, up to 30 days after the date hereof.

About Flagship Communities Real Estate Investment Trust

Flagship Communities Real Estate Investment Trust is a leading operator of affordable residential Manufactured Housing Communities primarily serving working families seeking affordable home ownership. The REIT owns and operates exceptional residential living experiences and investment opportunities in family-oriented communities in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, and Illinois. To learn more about Flagship, visit www.flagshipcommunities.com.

Forward-Looking Statements

This press release contains statements that include forward-looking information (within the meaning of applicable Canadian securities laws). Forward-looking statements are identified by words such as “believe”, “anticipate”, “project”, “expect”, “intend”, “plan”, “will”, “may”, “can”, “could”, “would”, “must”, “estimate”, “target”, “objective”, and other similar expressions, or negative versions thereof, and include statements herein concerning the use of the net proceeds of the Offering.

These forward-looking statements are based on the REIT’s expectations, estimates, forecasts and projections, as well as assumptions that are inherently subject to significant business, economic and competitive uncertainties and contingencies that could cause actual results to differ materially from those that are disclosed in such forward-looking statements. While considered reasonable by management of the REIT as at the date of this news release, any of these expectations, estimates, forecasts, projections, or assumptions could prove to be inaccurate, and as a result, the forward-looking statements based on those expectations, estimates, forecasts, projections, or assumptions could be incorrect. Material factors and assumptions used by management of the REIT to develop the forward-looking information in this news release include, but are not limited to, that the conditions to closing of the Acquisitions will be met or waived in a timely manner and that both of the Acquisitions will be completed on the current agreed upon terms.

When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as they are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors, many of which are beyond the REIT’s control, could cause actual results to differ materially from the results discussed in the forward-looking statements, such as the risks identified in the REIT’s management’s discussion and analysis for the year ended December 31, 2023 available on the REIT’s profile on SEDAR+ at www.sedarplus.com, including, but not limited to, the factors discussed under the heading “Risks and Uncertainties” therein and the risk of the REIT’s plans with respect to debt bridge financing for the Acquisitions not being achieved as anticipated. There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Forward-looking statements are made as of the date of this press release and, except as expressly required by applicable Canadian securities laws, the REIT assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

 

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Taxes should not wag the tail of the investment dog, but that’s what Trudeau wants

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Kim Moody: Ottawa is encouraging people to crystallize their gains and pay tax. That’s a hell of a fiscal plan

The Canadian federal budget has been out for a week, which is plenty of time to absorb just how terrible it is.

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The problems start with weak fiscal policy, excessive spending and growing public-debt charges estimated to be $54.1 billion for the upcoming year. That is more than $1 billion per week that Canadians are paying for things that have no societal benefit.

Next, the budget clearly illustrates this government’s continued weak taxation policies, two of which it apparently believes  are good for entrepreneurs. But the proposed $2-million Canadian Entrepreneurs Incentive (CEI) and $10-million capital gains exemption for transfers to an employee ownership trust (EOT) are both laughable.

Why? Well, for the CEI, virtually every entrepreneurial industry (except technology) is not eligible. If you happen to be in an industry that qualifies, the $2-million exemption comes with a long, stringent list of criteria (which will be very difficult for most entrepreneurs to qualify for) and it is phased in over a 10-year period of $200,000 per year.

For transfers to EOTs, an entrepreneur must give up complete legal and factual control to be eligible for the $10-million exemption, even though the EOT will likely pay the entrepreneur out of future profits. The commercial risk associated with such a transfer is likely too great for most entrepreneurs to accept.

Capital gains tax hike

But the budget’s highlight proposal was the capital gains inclusion rate increase to 66.7 per cent from 50 per cent for dispositions effective after June 24, 2024. The proposal includes a 50 per cent inclusion rate on the first $250,000 of annual capital gains for individuals, but not for corporations and trusts. Oh, those evil corporations and trusts.

There is a lot wrong with this proposed policy. The first is that by not putting individuals, corporations and trusts on the same taxation footing for capital gains taxation, the foundational principle of integration (the idea that the corporate and individual tax systems should be indifferent to whether an investment is held in a corporation or directly by the taxpayer) is completely thrown out the window. This is wrong.

Some economists have come out in strong favour of the proposal, mainly because of equity arguments (a buck is a buck), but such arguments ignore the real world of investing where investors look at overall risk, liquidity and the time value of money.

If capital gains are taxed at a rate approaching wage taxation rates, why would entrepreneurs and investors want to risk their capital when such investments might be illiquid for a long period of time and be highly risky?

They will seek greener pastures for their investment dollars and they already are. I’ve been fielding a tremendous number of questions from investors over the past week and I’d invite those academics and economists who support the increased inclusion rate to come live in my shoes for a day to see how the theoretical world of equity and behaviour collide. It’s not good and it certainly does nothing to help Canada’s obvious productivity challenges.

Of course, there has been the usual chatter encouraging such people to leave (“don’t let the door hit you on the way out,” some say) from those who don’t understand basic economics and taxation policy, but these cheerleaders should be careful what they wish for. The loss of successful Canadians and their investment dollars affects all of us in a very negative way.

The government messaging around this tax proposal has many people upset, including me. Specifically, it is the following paragraph in the budget documents that many supporters are parroting that is upsetting:

“Next year, 28.5 million Canadians are not expected to have any capital gains income, and 3 million are expected to earn capital gains below the $250,000 annual threshold. Only 0.13 per cent of Canadians with an average income of $1.4 million are expected to pay more personal income tax on their capital gains in any given year. As a result of this, for 99.87 per cent of Canadians, personal income taxes on capital gains will not increase.” (This is supposedly about 40,000 taxpayers.)

Bluntly, this is garbage. It outright ignores several facts.

For one thing, there are hundreds of thousands of private corporations owned and controlled by Canadian resident individuals. Those corporations will be subject to the increased capital gains inclusion rate with no $250,000 annual phase-in. Because of the way passive income is taxed in these Canadian-controlled private corporations, the increased tax load on realized capital gains will be felt by individual shareholders on the dividend distribution required to recover certain refundable corporate taxes.

Furthermore, public corporations that have capital gains will pay tax at a higher inclusion rate and this results in higher corporate tax, which means decreased amounts are available to be paid out as dividends to individual shareholders (including those held by individuals’ pensions).

The budget documents simply measured the number of corporations that reported capital gains in recent years and said it is 12.6 per cent of all corporations. That measurement is shallow and not the whole story, as described above.

Tax hit for cottages

There are also millions of Canadians who hold a second real estate property, either a cottage-type and/or rental property. Those properties will eventually be sold, with the probability that the gain will exceed the $250,000 threshold.

Upon death, an individual will often have their largest capital gains realized as a result of deemed dispositions that occur immediately prior to death. This will have the distinct possibility of capital gains that exceed $250,000.

And people who become non-residents of Canada — and that is increasing rapidly — have deemed dispositions of their assets (with some exceptions). They will face the distinct possibility that such gains will be more than $250,000.

The politics around the capital gains inclusion rate increase are pretty obvious. The government is planning for Canadian taxpayers to crystallize their inherent gains prior to the implementation date, especially corporations that will not have a $250,000 annual lower inclusion rate. For the current year, the government is projecting a $4.9-billion tax take. But next year, it dramatically drops to an estimated $1.3 billion.

This is a ridiculous way to shield the government’s tremendous spending and try to make them look like they are holding the line on their out-of-control deficits. The government is encouraging people to crystallize their gains and pay tax. That’s a hell of a fiscal plan.

There’s an old saying that tax should not wag the tail of the investment dog, but that is exactly what the government is encouraging Canadians to do in the name of raising short-term taxation revenues. It is simply wrong.

I hope the government has some second sober thoughts about the capital gains proposal, but I’m not holding my breath.

 

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