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Having led North American deliveries of high-voltage electric outboards in 2024 and 2025, Flux Marine will continue to invest in production of outboards and powertrain technology.

BRISTOL, RI / ACCESS Newswire / November 19, 2025 / Flux Marine, a developer of electric propulsion technology for recreational and commercial watercraft, announced a $15 million infusion of capital to scale outboard production and expand core technology sales. The funding included participation from existing investors and customers, as well as a new backer, Collide Capital. This brings total funding to over $30 million since 2020. The company has fully commercialized its 115HP electric outboard and modular battery pack – the only high-voltage electric outboard in production in North America that was designed with a clean-sheet approach.

This funding is supporting Flux Marine’s transition from a two-year, customer-driven fleet validation program to scaling production. “The ocean environment is unforgiving – so after several years of internal prototyping and testing, we put systems in the hands of early adopters to rigorously validate real-world performance and rapidly iterate through customer feedback,” said Ben Sorkin, CEO of Flux Marine. “This period of testing with customers required a significant investment of time and resources but contributes to the overall capital efficiency of the company and instills consumer confidence as other players remain early in development. Since completing this testing with customers, we’ve delivered more high-voltage electric outboards than any other company on the continent over the last 18 months.”

By focusing on propulsion technology, Flux Marine’s mission is to partner with boat builders, enabling them to offer electric options and expand their customer base. The modular electric powertrain and battery architecture integrates across a wide range of hulls, enabling rapid rollouts of electric boat packages as seen with partners such as Scout Boats, Highfield, Flagship Pontoons, Hyfoil, and most recently, Zodiac. Having tested most electric products that have entered the market, Christophe Lavigne, President of Highfield Boats noted, “Between the no-maintenance closed loop cooling system, innovative belt drive and lower unit, the Flux outboard is the solution. We are there, we are building the future.”

“The future of marine electrification depends on empowering, not replacing, the industry’s best boat builders and dealers. Companies like Highfield, Scout, and Zodiac have spent decades mastering boat design and manufacturing economics to deliver products that customers actually want,” said investor Stephen Petranek, Operating Partner of Ocean Zero. “Flux Marine’s approach builds on that expertise, enabling partners to keep innovating in the market segments they know best while we focus on building the best propulsion systems.”

Customers are using Flux-powered boats for a variety of applications, from aquaculture workboats in Maine to rental fleets on lakes, and even twin-outboard superyacht tenders in the British Virgin Islands. To support these customers, Flux Marine’s in-house software team developed a comprehensive Fleet Telematics Platform providing real-time, cellular connection to every system in the field. This allows the team to continuously monitor system health, perform remote diagnostics, configure over-the-air (OTA) updates, and garner unique insights from trip data. Features are added in each new release, with AI-powered predictive maintenance and route optimization on the horizon. Part of what enables such sophisticated telematics is Flux Marine’s commitment to developing technology in-house.

“Developing our own electric stack – from power electronics and cooling systems to battery packs and battery management systems, software and telematics, gives us complete control over performance, quality, supply chain, and long-term cost reduction,” said Sorkin. “More recently, we’ve received interest from other industries for our rugged and proven underlying technology. We’re leaning into these dual-use opportunities and have been actively delivering solutions to uncrewed platforms.”

With both development and manufacturing capabilities at the 40,000 sq. ft. facility in Rhode Island, the team has found success supporting undersea and aerospace companies with domestically produced, quick-turn powertrain and energy products. “Demand for our core technology continues to increase, and we’re excited to support that demand, alongside our outboard propulsion products, across the globe,” Sorkin added.

Between deep technical expertise, growing production capacity, and a proven track record of delivering more high-voltage electric propulsion systems this past year in North America than any other company, Flux Marine is not just enabling electric propulsion, it is driving advancements in the maritime industry while fueling a broader transition to domestically manufactured technology. For an inside look, view the company’s latest video here: https://www.youtube.com/watch?v=m8_yHWuecCU.

To learn more about Flux-powered products or technology, visit https://www.fluxmarine.com/ or contact sales@fluxmarine.com.

About Flux Marine

Headquartered in Bristol, RI, Flux Marine is redefining marine propulsion with electric outboard motors and integrated battery systems designed for performance and reliability. The company’s patented technology delivers sporty acceleration, sharp maneuverability, and quiet operation, without the noise or fumes of traditional engines. Backed by an intuitive software platform, Flux Marine outboards are simple to operate with a sleek onboard display and mobile app. Charging is seamless at a dock slip or home outlet, and the company’s dedicated customer support ensures a smooth ownership experience from day one. Learn more at: https://www.fluxmarine.com/.

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Media Contact: Zach Heath
zach@engagecoms.com
(401) 559-7350

SOURCE: Flux Marine

View the original press release on ACCESS Newswire

FRAMINGHAM, MA / ACCESS Newswire / November 19, 2025 / Xenetic Biosciences, Inc. (NASDAQ:XBIO) (“Xenetic” or the “Company”), a biopharmaceutical company focused on advancing innovative immuno-oncology technologies addressing difficult to treat cancers, today announced it has executed a 4-month extension of its collaboration with The Scripps Research Institute (“Scripps Research”) and the lab of Dr. Alexey Stepanov, Institute Investigator at Scripps Research effective November 1, 2025, to advance the development of the Company’s research and development program evaluating the combination of systemic DNase I and CAR T-cell therapies.

Xenetic’s systemic DNase I candidate, XBIO-015, is currently in preclinical development in combination with CAR-T cell therapy for both hematologic and solid tumors. Studies conducted by Dr. Stepanov and his lab at Scripps Research using lymphoma, metastatic melanoma and leukemia models have shown that co-administration of DNase I with CAR-T cells significantly reduces tumor burden, decreases metastatic lesions, and markedly extends survival compared to CAR-T cell monotherapy. Importantly, systemic DNase I-mediated degrading of neutrophil extracellular traps (NETs) enhances CAR-T cell efficacy, increasing the infiltration of both CAR-T cells and endogenous T cells into tumors and by mitigating the immunosuppressive tumor microenvironment (TME).

“Dr. Stepanov and the Scripps Research team continue to be valued partners, and we are pleased to once again extend our collaboration with them to further explore the full potential of our DNase-based oncology platform. The data generated to date continues to be encouraging and warrants further evaluations. The expertise and dedication of the Scripps Research team to this program further validates our belief in DNase I to improve therapeutic responses in patients undergoing CAR-T cell therapy and we look forward to continued collaboration and innovation together,” commented James Parslow, Interim Chief Executive Officer and Chief Financial Officer of Xenetic.

Xenetic continues to advance its DNase-based technology towards Phase 1 clinical development for the treatment of pancreatic carcinoma and other locally advanced or metastatic solid tumors. Preclinical proof-of-concept studies combining DNase I with chemotherapy, immunotherapies, and CAR-T therapy in hematological and solid tumor and metastatic cancer models have been completed. Building on proof-of-concept success, the program has now advanced to mechanism-of-action and translational studies in preparation for a Phase 1 clinical trial.

About Xenetic Biosciences

Xenetic Biosciences, Inc. is a biopharmaceutical company focused on advancing innovative immuno-oncology technologies addressing difficult to treat cancers. The Company’s proprietary DNase technology is designed to improve outcomes of existing treatments, including immunotherapies, by targeting neutrophil extracellular traps (NETs), which are involved in cancer progression. Xenetic is currently focused on advancing its systemic DNase program into the clinic as an adjunctive therapy for pancreatic carcinoma and locally advanced or metastatic solid tumors.

For more information, please visit the Company’s website at www.xeneticbio.com and connect on X, LinkedIn, and Facebook.

Forward-Looking Statements

This press release contains forward-looking statements that we intend to be subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release other than statements of historical facts may constitute forward-looking statements within the meaning of the federal securities laws. These statements can be identified by words such as “expects,” “plans,” “projects,” “will,” “may,” “anticipates,” “believes,” “should,” “intends,” “estimates,” “remain,” “focus”, “confidence in”, “potential”, “continues”, “warrants”, and other words of similar meaning, including, but not limited to, all statements regarding our research and development collaboration with Scripps Research and the lab of Dr. Alexey Stepanov, including our expectations regarding our continued collaboration and innovation, and all statements regarding our expectations for our DNase platform, including statements regarding: our belief in DNase I to improve therapeutic responses in patients undergoing CAR-T cell therapy, our plans for advancement towards mechanism-of-action and translational studies in preparation for a Phase 1 clinical trial, plans to advance our DNase-based technology towards Phase 1 clinical development for the treatment of pancreatic carcinoma and other locally advanced or metastatic solid tumors, our focus on advancing innovative immuno-oncology technologies addressing difficult to treat cancers, the DNase platform improving outcomes of existing treatments, including immunotherapies, by targeting neutrophil extracellular traps (NETs), which are involved in cancer progression, and our focus on advancing our systemic DNase program into the clinic as an adjunctive therapy for pancreatic carcinoma and locally advanced or metastatic solid tumors. Any forward-looking statements contained herein are based on current expectations and are subject to a number of risks and uncertainties. Many factors could cause our actual activities, performance, achievements, or results to differ materially from the activities and results anticipated in forward-looking statements. Important factors that could cause actual activities, performance, achievements, or results to differ materially from such plans, estimates or expectations include, among others, (1) unexpected costs, charges or expenses resulting from our manufacturing and collaboration agreements; (2) unexpected costs, charges or expenses resulting from the licensing of the DNase platform; (3) uncertainty of the expected financial performance of the Company following the licensing of the DNase platform; (4) failure to realize the anticipated potential of the DNase or PolyXen technologies; (5) the ability of the Company to obtain funding and implement its business strategy; (6) risks and uncertainties as to the outcome and timing of the strategic review process being conducted by the Company’s board of directors; and (7) other risk factors as detailed from time to time in the Company’s reports filed with the SEC, including its annual report on Form 10-K, periodic quarterly reports on Form 10-Q, current reports on Form 8-K and other documents filed with the SEC. The foregoing list of important factors is not exclusive. In addition, forward-looking statements may also be adversely affected by general market factors, general economic and business conditions, including potential adverse effects of public health issues, such as the COVID-19 outbreak, and geopolitical events, such as the conflicts in Ukraine and in the Middle East, on economic activity, competitive product development, product availability, federal and state regulations and legislation, the regulatory process for new product candidates and indications, manufacturing issues that may arise, patent positions, litigation, and shareholder activism, among other factors. The forward-looking statements contained in this press release speak only as of the date the statements were made, and the Company does not undertake any obligation to update forward-looking statements, except as required by law.

Contact:

JTC Team, LLC
Jenene Thomas
(908) 824-0775
xbio@jtcir.com

SOURCE: Xenetic Biosciences, Inc.

View the original press release on ACCESS Newswire

BOCA RATON, FLORIDA / ACCESS Newswire / November 19, 2025 / Entero Therapeutics, Inc. (NASDAQ:ENTO) (“Entero” or the “Company”) today announced that its subsidiary Grid AI has executed a Letter of Intent (LOI) with a stealth-mode hyperscaler artificial intelligence (AI) data-center developer to deploy Grid AI’s advanced power-cluster optimization and orchestration platform at the customer’s first large-scale AI campus. The campus-expected to be among the more sophisticated AI-ready digital-infrastructure sites in development-will be located in the ERCOT market in Texas.

The LOI represents Grid AI’s first hyperscaler agreement and marks a major milestone in Entero’s strategy to build the leading global platform for AI-driven power orchestration across next-generation data-center campuses. The definitive commercial contract is expected to be executed in early Q1 2026.

The stealth mode customer’s initial Texas campus is scheduled to begin generating revenue for Grid AI in Q3 2026 with approximately $8 million in annual revenue in 2027, scaling to over $50 million in 2029, with multiple additional campuses already in the customer’s development pipeline.

“This LOI is a foundational moment for Grid AI,” said Jason Sawyer, Entero Therapeutics’ CEO. “The power requirements of hyperscale AI development are creating one of the most consequential infrastructure challenges of the next decade. Grid AI is positioned to become the premier orchestration layer that synchronizes generation, storage, market participation, and compute load at the largest and most complex AI campuses around the world.”

A Strategic Partnership to Deliver AI-Ready Intelligent Infrastructure

The LOI outlines a multi-phase strategic partnership to develop a best-in-class orchestration platform that unifies power-cluster design, coordinated dispatch, commercial optimization, and data analytics. The platform’s architecture reflects key elements described in the LOI between the stealth mode customer and GridAI, including:

• An initial deployment site in Texas, used to validate and scale up a world-class optimization engine designed specifically for large-scale digital-infrastructure assets.

• Development of a scalable, high-performance infrastructure model integrating behind-the-meter generation, storage, and flexible load management to deliver cost-efficient, resilient, and grid-supportive power solutions.

• A unified technoeconomic simulation model to quantify $/MWh, reliability, and PUE impacts across various asset configurations and commercial structures.

• A next-generation dispatch-control and commercial-optimization engine capable of co-optimizing grid imports, battery assets, and gas-generation blocks, while coordinating financial and physical hedge positions.

• A secure, cloud-based data-capture and reporting platform providing continuous operational visibility and market transparency for data-center operators.

“AI-centered digital infrastructure is growing and changing at an unprecedented rate, and the power-optimization stack needs to advance with it,” said Marshall Chapin, CCO and Acting CEO of Grid AI. “This LOI signals that Grid AI is ready to support hyperscale operators with real-time orchestration tools capable of managing multi-hundred-megawatt power clusters with precision, economic intelligence, and reliability, ultimately delivering enormous value to our customers.”

A Multi-Campus Global Opportunity

While the customer remains in stealth mode, the LOI notes that the initial Texas campus is the first of several planned facilities. The multi-campus roadmap creates strong visibility into future revenue streams and supports a scalable go-to-market model for Grid AI.

Beyond this initial customer, Grid AI is now positioned to pursue a rapidly expanding global opportunity as hyperscalers, cloud providers, and private AI-infrastructure developers race to build energy-dense campuses requiring:

• Advanced power-cluster modeling

• Dispatch and load-synchronization optimization

• Market-bidding intelligence

• Multi-asset orchestration (grid, batteries, engines, turbines)

• Full-campus digital-twin environments

Investor & Media Contacts:

Entero Investor Relations
investors@enterothera.com

SOURCE: Entero Therapeutics, Inc.

View the original press release on ACCESS Newswire

BARRIE, ON / ACCESS Newswire / November 19, 2025 / Diamond Renewable Energy, a leading provider of residential and commercial solar energy systems in Ontario, has won the 2025 Consumer Choice Award in the Solar Energy Systems category for Barrie. The award recognizes Diamond’s commitment to delivering turnkey solar and battery backup solutions that lower hydro costs, support grid independence, and promote sustainable energy across the region.

Based in Barrie and serving communities across Ontario since 2017, Diamond Renewable Energy offers tailored solar systems for homeowners, new-build developers, and commercial clients. Their mission is to make clean energy affordable and reliable, handling everything from design and permitting to installation, net‑metering and maintenance.

Custom Solar Solutions That Pay for Themselves

Diamond designs each system to maximize returns based on client needs-whether it’s slashing monthly hydro bills or ensuring power during outages. Their residential packages feature high-efficiency panels, advanced inverters, and seamless battery backup options, while their commercial offerings include scalable models, net‑metering setups, and energy-management systems. Diamond’s systems are built to last, designed for Canada’s climate, and backed by durable warranties.

Award-Winning Service and Local Expertise

“I’m so proud of the recognition,” says Cole Diamond, Founder & CEO. “Winning this award confirms that we’re delivering on our promise: superior solar systems supported by expert service, right here in Barrie.”

Diamond leverages its hometown roots to offer unmatched regional expertise. Their team works closely with local permit authorities, understands seasonal solar production trends, and maintains strong ties to Barrie’s energy planners and First Nation partners. Their installation crews are fully trained, licensed, and focused on delivering efficient, clean, and discreet solar setups.

Off-Grid and Emergency Power Solutions

Diamond Renewable Energy also offers battery backup and off-grid solar systems for clients seeking reliable power during grid outages. These systems combine solar panels, deep-cycle batteries, and intelligent backup controllers to provide seamless emergency power while reducing dependency on municipal utilities-an increasingly valuable offering in regions prone to storm-related blackouts.

Community Impact: Affordability, Sustainability, Resilience

With hydro rates rising by an estimated 14% annually over the past decade, homeowners and businesses in Barrie are seeking smarter energy solutions. Diamond’s turnkey installations include handling incentive applications, grid-connection approvals, and ongoing system monitoring-ensuring a hassle-free experience with rapid value realization.

Moreover, Diamond’s commitment extends beyond technology. Their LinkedIn and social media presence reiterates their dedication to “Local Roots, Global Goals,” helping clients adopt solar energy that’s both sustainable and stylish. Their installations also contribute to Barrie’s renewable energy targets while supporting provincial efforts to reduce carbon emissions.

Supporting Materials and Warranties

Diamond installs premium components-such as Fronius inverters, Canadian Solar or Hanwha panels, and Surrette or Rolls batteries-backed by manufacturer warranties of 20‑year minimum. Their transparent pricing, detailed consultations, and full-service warranty coverage ensure clients feel confident both during and after installation. Satellite system monitoring adds an extra layer of reassurance, allowing remote diagnostics and performance tracking.

What Sets Diamond Apart:

• Turnkey project delivery: from site evaluation and design to permitting, installation, and post‑installation service

• Residential, new-construction and commercial packages tailored to site-specific needs

• Battery backup & off-grid options for increased resiliency

• Net-metering expertise to capture incentives and rebate value

• Expert team rooted in Barrie with strong understanding of local energy costs, incentive programmes, and building codes

• Stylish, durable systems that blend with home aesthetics while standing up to Ontario weather

Commitment That Builds Trust

Winning the Consumer Choice Award is proof of Diamond Renewable Energy’s dedication to cutting-edge, reliable and responsible energy technologies. The award speaks to their ability to deliver client-focused solar solutions with lasting impact, while contributing to communities’ transition to sustainable living.

“This award validates the hard work our team has put into serving Barrie,” Cole Diamond concludes. “We’re committed to ensuring every solar project is a strong investment for homeowners and businesses alike.”

Learn more at diamondrenewable.com or visit their CCA Page.

About Diamond Renewable Energy
Based in Barrie since 2017, Diamond Renewable Energy delivers expert solar installation, battery backup systems, net‑metering support, and off-grid electrical solutions. Their team handles every aspect-from consultation and custom design to permitting, installation, and ongoing system monitoring.

About Consumer Choice Award
Consumer Choice Award has recognized business excellence in North America since 1987 through a rigorous, independent research process that includes consumer surveys, brand reputation rankings, and local market feedback. Visit www.ccaward.com to learn more.

Contact Information
Sumi Saleh
Communications Manager
ssaleh@ccaward.com

SOURCE: Consumer Choice Award

View the original press release on ACCESS Newswire

Upgraded Resources unlocks expansion optionality at Fort Cady

HESPERIA, CA / ACCESS Newswire / November 19, 2025 / 5E Advanced Materials, Inc. (“5E” or the “Company”) (NASDAQ:FEAM)(ASX:5EA), a development stage company focused on becoming a vertically integrated global leader and supplier of refined borates, advanced boron derivative materials, and critical minerals, today announced a material increase to its borate and lithium resources for the Company’s Fort Cady Project (the “Project”) located in the Mojave Desert, near the town of Newberry Springs, California.

The mineral resources upgrade demonstrates the largest reported measured and indicated borate resources in the United States and further positions the Company to become the next commercial borate producer.

Highlights of the Resource Upgrade

• Total Measured and Indicated Mineral Resources of boric acid increased 61% from 17.5M tons to 28.3M tons with grade of 8.09% (B₂O₃), an increase of 10.8M tons.

• Total Measured Mineral Resources of boric acid increased 170% from 3.3M tons to 9.1M tons with grade of 8.34% (B₂O₃), an increase of 5.8M tons.

• Total Indicated Mineral Resources of boric acid increased 35% from 14.2M tons to 19.2M tons with grade of 7.97% (B₂O₃), an increase of 5.0M tons.

• Total Measured and Indicated Mineral Resources of Lithium Carbonate Equivalent (LCE) increased 54% from 213K tons to 328K tons with 0.17% LCE.

• Implied resource life of 217 years using first phase of production (130K ST per annum) and excludes inferred resources.

• Project retains optionality for future expansion phases of additional production tonnage.

“Combined with boron’s recent designation as a U.S. critical mineral, this resource upgrade reinforces Fort Cady’s potential to anchor a secure domestic boron supply chain for generations to come,” said Paul Weibel, CEO of 5E Advanced Materials. “With the milestones we have achieved, 5E is now well-positioned to unlock the strategic optionality and long-term value of this asset as we advance our vision of becoming America’s next leading boron supplier.”

The Company’s borate mineralization is colemanite, a mudstone that formed from lacustrine lakebed sediments, fixed in place, continuous, and sufficiently distinct from the surrounding mineralization. After consultation with mineral experts, the Company determined federal lode claims are the appropriate instrument to establish mineral tenure. In July 2025, the Company staked lode claims for the remaining areas that were open for colemanite mineralization and in August 2025, the Company filed the lode claims with the United States Bureau of Land Management which were subsequently recorded in the official records of San Bernardino County. The Company now holds 28 federal lode claims that encompass the entire Project mineralization detailed in Figure 1.

Figure 1. Fort Cady Project Mineral Tenure

Comparison of Pre-Feasibility Technical Report Resources to Upgraded Mineral Resources
The mineral reserves and project economics disclosed in the Company’s Preliminary Feasibility Study Technical Report Summary, previously filed with the Securities and Exchange Commission, and filed as an exhibit to 5E’s Annual Report on Form 10-K on September 29, 2025, have not changed and all disclosures remain current with the exception of mineral resources which will be disclosed on Form 8-K filed with the Securities and Exchange Commission. Table 1 below highlights and compares the mineral resources disclosed in the Company’s pre-feasibility study with the upgraded resources.

Table 1. Mineral Resources Comparison

Mineral Resources
The mineral resources after the resource upgrade now include 61.9 million short tons of measured ore containing 9.1 million short tons of in-situ boric acid, with an average grade of 8.34% B₂O₃. The indicated category now comprises 138.6 million short tons of ore containing 16.8 million short tons of in-situ boric acid, with an average grade of 7.97% B₂O₃. Mineral resources were estimated using a 2.0% B₂O₃ cut-off grade and Table 2 summarizes the mineral resources.

Table 2. Fort Cady Project Mineral Resources Summary, November 15, 2025

*Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Under S-K 1300, inferred mineral resources are not considered economically recoverable within the current mine plan and are excluded from the production schedule and economic analysis. Inferred Mineral Resources include areas not currently under mineral tenure control. These are disclosed for transparency but excluded from the mine plan and economic model. The Company makes no assurance that mineral rights to these areas will be secured.

Notes to Mineral Resources:

1. The Mineral Resources in this estimate were independently prepared, including estimation and classification, by Steven Kerr, P.G., C.P.G, Escalante Geological Services, LLC, and are reported in accordance with the definition for Mineral Resources in S-K 1300.

2. The Mineral Resources were completed using a gridded seam model with Carlson Mining™ software.

3. The Mineral Resources are current as of November 15, 2025.

4. Mineral Resources are constrained assuming in-situ leaching and are reported at a cutoff grade of 2.0% B₂O₃, assume mineralized horizons exhibit lateral continuity that supports in-situ leaching mining methods, and based on exploration data, there is reasonable continuity of colemanite mineralization throughout the deposit, respectively.

About 5E Advanced Materials, Inc.
5E Advanced Materials, Inc. (NASDAQ:FEAM)(ASX:5EA) is focused on becoming a vertically integrated global leader and supplier of refined borates and advanced boron materials, complemented by calcium-based co-products, and potentially other by-products such as lithium carbonate. The Company’s mission is to become a supplier of these critical materials to industries addressing global decarbonization, energy independence, food, national security, and the defense sector. The Company believes factors such as government regulation and incentives focused on domestic manufacturing and supply chains and capital investments across industries will drive demand for end-use applications like solar and wind energy infrastructure, neodymium-ferro-boron magnets, defense applications, lithium-ion batteries, and other critical material applications. The business is based on the Company’s large domestic boron resource, a mineral which was added to the U.S. Department of the Interior’s 2025 Critical Minerals List. The project is located in Southern California and designated as Critical Infrastructure by the U.S. Department of Homeland Security.

Forward Looking Statements
Statements in this press release may contain “forward-looking statements” that are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential” or “continue” or the negative of these terms or other similar expressions, and include, but are not limited to, statements regarding the Company’s ability to progress, full-scale product testing, advance customer qualifications, enter into offtake agreements, achieve key milestones on the path toward a potential Final Investment Decision, and become a vertically integrated global leader in borates and advanced boron materials. Any forward-looking statements are based on 5E’s current expectations, forecasts, and assumptions and are subject to a number of risks and uncertainties that could cause actual outcomes and results to differ materially and adversely from those set forth in or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, statements regarding the Company’s mineral resource and reserve estimates and assumptions; the economic potential of the Project; our ability to establish or defend our mineral tenure; and our ability to produce boron, lithium or their related byproducts. For a discussion of other risks and uncertainties, and other important factors, any of which could cause our actual results to differ from those contained in the forward-looking statements, see the section entitled ‘Risk Factors’ in 5E’s most recent Annual Report on Form 10-K and its other reports filed with the SEC. Forward-looking statements contained in this announcement are based on information available to 5E as of the date hereof and are made only as of the date of this release. 5E undertakes no obligation to update such information except as required under applicable law. These forward-looking statements should not be relied upon as representing 5E’s views as of any date subsequent to the date of this press release. In light of the foregoing, investors are urged not to rely on any forward-looking statement in reaching any conclusion or making any investment decision about any securities of 5E.

For further information contact:
Michael MacMillan or Paola Ashton
PRA Communications
team@pracommunications.com
Ph: +1 (604) 681-1407

SOURCE: 5E Advanced Materials, Inc.

View the original press release on ACCESS Newswire