Day: May 24, 2023

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The Coretec Group Releases May 2023 Shareholder Call Transcript and Webcast Recording

The Company provided updates on its Endurion battery program, discussed the importance of its latest provisional patent, and outlined goals for the remainder of 2023

ANN ARBOR, Mich., May 24, 2023 (GLOBE NEWSWIRE) — The Coretec Group (OTCQB: CRTG), developers of silicon anode active materials for lithium-ion batteries and cyclohexasilane (CHS) for electric vehicles (EVs), cleantech, and emerging tech applications, today released the transcript and webcast recording from its May 18, 2023 shareholder update on the Company’s Investor Relations Website.

During the call, The Coretec Group’s Chief Executive Officer, Matt Kappers, Chief Technology Officer, Ramez Elgammal, Ph.D., and VP of Partnerships and Innovation, Michelle Tokarz, Ph.D., shared its strong results from cycling tests on its modified silicon battery material. These tests proved three important factors:

  • Coretec’s team successfully bonded a polymer to the silicon nanoparticles.
  • The Endurion engineered solid electrolyte interface layer improves rate capability.
  • The cycling stability of Endurion’s silicon material outperformed unmodified materials.

The Company also discussed the importance of its latest provisional patent. The patent identifies three distinct, novel methodologies for minimizing pulverization and increasing the rate capability by creating an artificial solid electrolyte interface. This innovation is capable of extending the life and increasing the capabilities of silicon-based anodes for lithium-ion batteries, with an emphasis on scalability. The development marks a major breakthrough for the Company’s Endurion battery program focused on EV batteries that charge faster and last longer than the current industry standard.

The Company also provided a roadmap for the rest of the year, and an update on its current and prospective partnerships. It is developing relationships with potential Endurion end-users such as automakers and battery companies as well as key suppliers and testing companies.

The call concluded with Company leadership answering questions from the investor community. Kappers urged all who are interested in receiving the latest Company updates to sign up for notifications on its Investor Relations Website, follow the Company’s social media channels on Twitter and LinkedIn, and watch its recent informational video that breaks down the Endurion battery program.

About The Coretec Group

The Coretec Group, Inc. is an Ann Arbor, Michigan-based developer of engineered silicon, working to improve lives and power the EV, cleantech, and emerging technology markets of tomorrow. The company’s current battery program is Endurion; the Coretec team is applying its expertise in silicon nanoparticles to develop silicon anodes for lithium-ion batteries in EVs that will charge faster and last longer than the current industry standard.

Additionally, Coretec is also utilizing its engineered silicon to develop a portfolio of energy-focused products, including solid-state lighting (LEDs), semiconductors, 3D volumetric displays, and printable electronics. The Coretec Group’s groundbreaking work is revolutionizing the EV and energy storage markets and will continue to be a pioneer in this fast-paced industry.

For more information, please visit thecoretecgroup.com.

Follow The Coretec Group on:

Twitter – @CoretecGroupInc
LinkedIn – www.linkedin.com/company/24789881
YouTube – www.youtube.com/channel/UC1IA9C6PoPd1G4M7B9QiZPQ/featured

Forward-Looking Statements

The statements in this press release that relate to The Coretec Group’s expectations with regard to the future impact on the Company’s results from operations are forward-looking statements and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release may contain statements that involve risk and uncertainties and are subject to change at any time, the Company’s actual results may differ materially from expected results. We make no commitment to disclose any subsequent revisions to forward-looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.

Corporate Contact:

The Coretec Group, Inc.
Lindsay McCarthy
info@thecoretecgroup.com
+1 (866) 916-0833

Media Contact:

Spencer Herrmann
FischTank PR
coretec@fischtankpr.com
+1 (518) 669-6818

GlobeNewswire Distribution ID 8845674

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New Access Accelerated Global Collective Report Charts Path Forward in Fight Against Noncommunicable Diseases

Access Accelerated and Partners Unveil Findings From Six-Year Report

GENEVA, SWITZERLAND / ACCESSWIRE / May 24, 2023 / Access Accelerated, a pioneering collective of leading biopharmaceutical and life science companies dedicated to confronting the growing global noncommunicable disease (NCD) crisis, announced the release of a six-year report: Key Lessons in Advancing Access to NCD Care: Collaboration, Connectivity, Community.

 

Access Accelerated
Access Accelerated logo

This milestone report highlights the initiative’s outcomes, impact, and collective learnings between 2017 and 2022 and serves as a retrospective, a showcase for the initiative’s success stories and challenges, and a much-needed vision for the future.

Michael Fredrich, Lead Access to Medicine Non-Communicable Diseases at Bayer Pharmaceuticals and Chair of the Access Accelerated Board, commented, “With the 2030 deadline for the UN Sustainable Development Goals approaching fast, which include Universal Health Coverage, it’s more important than ever that we make the most out of our resources and approach this fight strategically. This report gives us the opportunity to critically evaluate our past and use key learnings for the future. It is essential that we share insights and learn from our collective efforts. Much work lies ahead, but this report serves as a valuable foundation for effectively addressing NCDs.”

This initiative’s impact has already been felt widely. Access Accelerated and its strategic partners – the City Cancer Challenge Foundation, NCD Alliance, PATH, the World Bank and the World Heart Federation – have helped improve access to NCD screening, diagnosis, and treatment around the world, reaching over 700 million people through 54 partner projects in 37 countries and catalyzing $US1.6 billion in investment in 2022 alone. By the end of phase 2 (2020-2022), this number totalled $US3.7 billion. In the same period, Access Accelerated partner projects contributed to policy change in 35 countries and 13 projects were scaled to national level, moving away from pilot phase to locally embedded projects.

Six years since its founding, the initiative has accumulated a wealth of hard-won knowledge and experience. The report highlights those learnings, including the crucial role of open, transparent communication in measuring intangible impact of partnerships, the ways flexible long-term funding can open the way for locally embedded solutions, and why community- and patient-centric approaches are essential to sustainability. By capturing impacts beyond hard numbers, the report demonstrates the importance of local engagement, trust, and social capital in improving NCD outcomes over time.

According to Dr. Juan Pablo Uribe, World Bank’s Global Director for Health, Nutrition & Population and Director of the Global Financing Facility, the report demonstrates the importance of rigorous monitoring and reporting. “Learning from our successes and challenges is absolutely necessary if we are going to shape more efficient and effective initiatives that can respond to the growing NCD burden on countries around the world. That’s why we’re excited to have the insights offered by this report to inform future initiatives and are grateful to the partnership with Access Accelerated which has led to meaningful action in creating sustainable change.”

Visit www.accessaccelerated.org to download the report.

About Access Accelerated

Founded in 2017, Access Accelerated is an unprecedented industry-led collective of life science companies united by the belief that no person should die from a preventable and treatable disease. Through the power of collaboration and a proven framework for cooperation, Access Accelerated brings together stakeholders across the private, public and social sectors, including implementers, decision-makers and financiers, in a shared mission of advancing action against the escalating challenge of NCDs in low- and middle-income countries and underserved communities.

Contact Information

Thuy Khuc-Bilon
Communications Manager
info@accessaccelerated.org
+41 79 473 0341

SOURCE: Access Accelerated

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6+6 Committee: We achieved consensus on the election of the President of State and members of the National Assembly.

The joint committee in charge of the House of Representatives (HoR) and the State Council to prepare electoral laws (6 + 6) ,announced yesterday that it achieved a full consensus regarding the election of the president of state and members of the National Assembly, in addition to how to involve the political parties in the HoR elections through party lists or individual nominations.

This came in a statement following a new round of consultations in the Moroccan city of Bouznika, which was read by the head of the delegation of the High Council of State, Omar Boulifa.

The statement stated that the committee held several meetings in Tripoli before this round in Morocco, which were characterized by a positive atmosphere among the members during the discussion of most points related to the legislative and presidential election laws.

It added that it had connected with different government institutions concerned with elections, and was guided by a set of proposals it had received from political and civil bodies and Libyan experts in this regard.

The Committee stressed that holding legislative and presidential elections will take place according to simultaneous procedures.

The committee indicated the progress made in defining and distributing seats in the HoR and Senate according to constituencies, procedures for forming and approving lists of candidates, representation of women, controlling electoral crimes, procedures for electoral appeals related to the elections of the President of the State, the HoR, and the Senate, and organizing the right of all candidates to access equitably government media platforms as well as their own.

The committee also affirmed its members’ commitment and the commitment of their colleagues in the HoR and the state to complete the preparation of various electoral draft laws in this meeting, in order to achieve a consensual and comprehensive legislative framework for the elections in Libya, in constant consultation with the judicial bodies and the technical bodies represented by the High National Elections Commission and the UNSMIL.

Source: Libyan News Agency

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Egypt dismayed with Ethiopia’s declaration regarding dam issue

Egypt on Wednesday described as misleading a recent statement by the Ethiopian Foreign Ministry regarding the Arab summit decision to support Egypt and Sudan over Al-Nahda dam issue.

The Egyptian Foreign Ministry official spokesperson, Ambassador Ahmad Abu Zaid, said in a statement the Ethiopian declaration constituted a desperate bid to drive a wedge between Arab and African states by “portraying the Arab support for Egypt’s just and responsible stance as depicting Arab-African dispute.” Abu Zaid regretted that the statement included allegations that Egypt, Ethiopia and Sudan had agreed on sharing stored waters and A timetable for filling the dam reservoir. Addis Ababa had also claimed, he added, that seeking Arabs’ support by Cairo and Khartoum breached the (Cairo-Addis Ababa) agreement in principle, in addition to the allegation that Arab member states of the African Union did not support the Arab summit resolution in this respect.

Source: Kuwait News Agency

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Al-Koni holds telephone talks with the President of Niger on a number of issues of concern to both countries.

The Representative of the Presidential Council, Mr. Musa Al-Koni, received this afternoon, Wednesday, the Ambassador of Niger to Libya, “Isiad Ag Kato”, who conveyed the greetings of the President of the State of Niger, “Mohamed Bazoum” and his appreciation for the historical relations that bind the two neighboring countries.

During the meeting, a phone call took place between the deputy in the Presidential Council and the President of Niger, where the two sides discussed ways to develop relations between the two countries, enhance joint cooperation in the field of border security, economy and trade, and work to complete the road linking the two countries, which will contribute significantly to increasing trade exchange between Libya. and African countries.

“Al-Koni” assured “Bazoum” during the call that Libya and Niger are linked by a natural strategic depth, and they are united by cultural and civilizational integration throughout history, expressing his hope for more logistical and security coordination to enhance security and facilitate the natural movement of movement, in order to develop opportunities for economic development between the two countries, and contribute to creating a social and economic renaissance and stability in the region.

For his part, President “Bazoum” revealed that the capital, Niamey, will host a summit of the (XY) assembly during the coming period, in order to discuss all issues of concern to the member states of the assembly, entrusting Representative “Musa El-Koni” to convey his greetings to the President of the Presidential Council, “Mohamed Al-Munfi.” And the deputy in the parliament, “Abdullah Al-Lafi,” and to the Libyan people, wishing prosperity and stability for Libya.

For his part, the Ambassador of Niger affirmed that Libya constitutes the focal point for the security of the region and the continent, considering that the stability of Libya is a source of safety for all neighboring countries.

Source: Libyan News Agency

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Al-Haddad discusses in Rome aspects of military cooperation with Italy.

The Chief of the General Staff of the Libyan Army, Lieutenant General “Muhammad Ali Al-Haddad”, discussed with the Italian Minister of Defense, “Guido Crosito”, and the Italian Chief of Defense Staff, Admiral “Cavo Dragoni”, areas of military cooperation between the two sides.

This came during Al-Haddad’s visit, accompanied by a high-level military delegation, on Monday to the Ministry of Defense and the Italian Army’s Chief of Staff.

The Presidency of the General Staff of the Libyan Army stated that Al-Haddad held several meetings, during which he discussed several issues, including training, coastal guard, illegal immigration and ways to reduce it, smuggling, expanding the work of the Joint Cooperation Committee and the technical support team in Libya, and many other cooperation areas that serve the two sides.

It added that Al-Haddad concluded his duty by visiting the Libyan embassy in Italy, where he commended the role played by the embassy in developing cooperation between the two countries.

Source: Libyan News Agency