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2007.04.19 - Neodym Launches ProtiSen™ Sensors
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2007.02.19 - Private Placement
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2007.01.04 - Neodym Introduces HydroKnowz™ Sensors
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2006.11.02 - Section 111 Report
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2005.04.14 - Director Fong Passes Away
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2005.02.28 - 1.62-million-share private placement
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2005.02.28 - Section 111 Report
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2005.01.26 - Private Placement
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2003.06.17 - Private Placement
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2003.02.06 - Neodym increased stock option pricing
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2002.10.07 - Neodym 733,500-share private placement
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2002.09.12 - Neodym arranges $85,000 financing
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2002.09.12 - Stock options re-priced
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2002.06.05 - Neodym Adds Fuel Cell Expert to Advisory Board
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2002.05.31 - Neodym Technologies 835,550-share private placement
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2002.05.15 - Neodym arranges $75,000 financing
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2002.04.04 - Neodym Unveils New Gas Sensor for Fuel-Cells
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2002.03.01 - Private Placement Cancelled
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2002.01.09 - Neodym arranges $225,000 financing
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2001.11.15 - Positive Reviews for Neodym Products and Technology
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2001.10.23 - Neodym’s Sensing Capability Now Includes Chemical Threats
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2001.09.11 - Neodym withdraws from Senco take-over
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2001.09.11 - Messrs. Marti & Pearce Elected Directors
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2001.09.06 - Neodym to make bid for Senco
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2001.08.10 - Neodym grants incentive stock options
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2001.07.30 - Neodym’s KnowzNet™ Detection System Passes Beta Tests
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2001.05.07 - Neodym shares transferred to Krajci
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2001.05.07 - Private Placement Brokered, Correction
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2001.05.03 - Neodym Receives First US Patent and Commences Trading
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2001.05.01 - Resume Trading, RTO Complete, Name Change, Consolidation
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2001.02.13 - Panterra increases brokered financing
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2000.11.01 - Panterra to raise $200,000
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2000.07.28 - Wolverton Securities to act as sponsor
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2000.06.19 - Neodym adds US business leader
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2000.06.09 - Neodym clarifies patent application
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2000.06.05 - Neodym files surveillance system patent
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2000.05.02 - Non-recourse financing
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2000.04.17 - Panterra reverse takeover by Neodym on track
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2000.02.02 - Shareholders approve reverse takeover
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1999.12.17 - Private placement
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1999.10.28 - Neodym nominees appointed to board of Panterra Minerals Inc.
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1999.09.27 - Mr. Robert Zanatta joins Neodym’s Technical Advisory Board
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1999.09.16 - Letter Of Intent Re: Reverse Takeover Of Panetrra Minerals Inc.
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1999.08.24 - U.S. patent filed for USB gas detection system
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1999.08.12 - Neodym Systems Inc. Acquires Shares in Panterra Minerals Inc.
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Neodym Launches ProtiSen™ Sensors
April 19, 2007
(via Canada NewsWire
) - Mr. Juraj Krajci
reports:
Vancouver, BC - April 19, 2007 - Neodym Technologies Inc. is pleased to announce the availability of ProtiSen™, a hydrogen sensor intended for gas safety monitoring in hydrogen powered vehicles and in power generation equipment such as fuel cells and battery charging systems.
ProtiSen™ monitors perform linear sensing of hydrogen in air from 0 to 40,000 ppm (4% volume in air) with 200 ppm resolution and fast start-up/response time. The environmental operating range is -40 to +80 degrees Celsius and 0 to 99% R.H. The devices can be powered from 5 to 24VDC and consume about 750mW. Output signal options include 0-3VDC proportional, voltage-encoded state (normal, warning, alarm, fault), TTL, and open drain (2A at 60V). The devices are compatible with Neodym's PK-Port™ single-wire digital signaling protocol for PC-based real time monitoring and data logging.
ProtiSen™ monitors employ catalytic sensing elements with in-line VOC filters and feature good long-term stability, increased tolerance of silicone-based contaminants, and immunity from sensor damage in the event of hydrogen overexposure from massive gas leaks or during aggressive testing.
ProtiSen™ monitors are housed in anodized aluminum enclosures, measure 51mm by 51mm by 19mm, and weigh about 50g. The devices are manufactured in Canada by Neodym and cost approximately USD150. Ordering information and specifications are available at Neodym's website: www.neodymsystems.com.
Neodym Technologies Inc. specializes in gas measurement systems for the Alternative Energy industry. Neodym's customers include major international corporations, the military, governments, universities, and research laboratories. The Company was established in 1999 and is listed on the TSX Venture Exchange. Interested parties are invited to contact the Company's CEO Juraj Krajci at +1.604.618.5985 (GMT-9) or jk@neodymsystems.com.
On behalf of Neodym Technologies Inc. “Juraj Krajci” President
The company relies on litigation protection for "forward-looking" statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Private Placement
February 19, 2007
(via SEDAR
) - Mr. Juraj Krajci
reports:
Vancouver, BC - February 19, 2007 - Subject to regulatory approval, the Company has arranged a private placement for gross proceeds of CDN$80,000 in units of the Company at a price of $0.08 per unit. Each unit will consist of one common share and one non-transferable common share purchase warrant. Each warrant shall entitle the holder to purchase one additional common share at a price of $0.10 for a period of 24 months.
The proceeds of the financing will be used for product development and working capital.
About Neodym Technologies Inc. Neodym designs and manufactures gas detection products for OEMs, as well as generic detection equipment for industrial, commercial and domestic applications and offers simple, stand-alone gas detectors as well as advanced multi-sensor monitoring systems. Neodym's equipment is DC-powered making it suitable for use in all countries of the world.
On behalf of Neodym Technologies Inc. “Juraj Krajci” President
The company relies on litigation protection for "forward-looking" statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Neodym Introduces HydroKnowz™ Sensors
January 4, 2007
(via SEDAR
) - Mr. Juraj Krajci
reports:
Vancouver, BC - January 4, 2007 - Neodym Technologies Inc. is pleased to announce the availability of HydroKnowz™, the Company's new line of hydrogen gas sensing products. HydroKnowz™ sensors are intended for hydrogen gas safety monitoring in power generation and storage equipment such as fuel cells and battery charging systems.
The development of HydroKnowz™ coincides with the recent introduction of cost-reduced catalytic sensing elements that provide the linearity and stability associated with catalytic sensing technology while lowering existing price points for cost-sensitive applications.
HydroKnowz™ monitors perform linear sensing of hydrogen in air from 0 to 25,000 parts-per-million (2.5% volume in air) with 100 ppm resolution and fast start-up/response time. The environmental operating range is -40 to +80 degrees Celsius and relative humidity of 0 to 99%. Product options include dry relay contacts (NO or NC), alarm beeper, and a wide input power range of 5VDC to 60VDC. Power consumption is less than 1 Watt. Output signal options include 0-3VDC or 4-20mA (proportional), or TTL (binary). The devices are compatible with Neodym's PK-Port™ single-wire digital signaling protocol for PC-based real time monitoring and data logging.
Benefits of HydroKnowz™ include increased tolerance of silicone-based contaminants and immunity from sensor damage in the event of hydrogen overexposure from massive gas leaks or during aggressive testing. Additionally, HydroKnowz™ is operationally, electrically and mechanically compatible with Neodym's MOS sensor based PowerKnowz™ monitors to facilitate transitioning by existing users.
Mr. Bill McDonald, Neodym's Director of Sales and Marketing, stated: "Neodym's PowerKnowz™ monitors have been enthusiastically adopted by international fuel cell integrators since their introduction in 2002. We hope that following up with HydroKnowz™ will demonstrate Neodym's ongoing commitment to the Alternative Energy sector through continued innovation in the field of hydrogen sensing."
On behalf of Neodym Technologies Inc. “Juraj Krajci” President
The company relies on litigation protection for "forward-looking" statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Section 111 Report
November 2, 2006
(via SEDAR
) - Mr. Juraj Krajci
reports:
Vancouver, BC - November 2, 2006 - This news release is issued on behalf of Juraj Krajci ("JK") and is being issued pursuant to s. 111 of the Securities Act (British Columbia).
JK acquired 355,000 common shares of the Neodym Technologies as a result of an inheritance. JK's current shareholdings of 4,051,940 shares of the Company, together with the 355,000 shares of the Company, represent 39.5% of the Company's current outstanding common shares. In addition, JK holds securities convertible into voting securities for an additional 550,000 common shares of the Company. If JK exercises his right to acquire additional voting securities of the Company to the exclusion of all others, JK would own 4,956,940 common shares representing 43.1% of the then issued common share capital of the Company.
JK acquired the 355,000 units directly and, subject to availability, price, the general state of the capital markets and the financial condition of the Company from time to time, he may purchase additional shares of the Company.
No person has acted jointly or in concert with JK with respect to this acquisition. The private placement was not carried out through any market.
On behalf of Neodym Technologies Inc. “Juraj Krajci” President
The company relies on litigation protection for "forward-looking" statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Director Fong Passes Away
April 14, 2005
(via SEDAR
) - Mr. Juraj Krajci
reports:
Neodym Technologies Inc. (TSXV: NEO) is saddened to report that Dennis Fong, C.A. recently passed away. Dennis was a director and officer of the Company for many years. He will be greatly missed by all of us who have known and worked with him over the years.
On behalf of Neodym Technologies Inc. “Juraj Krajci” President
The company relies on litigation protection for "forward-looking" statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
1.62-million-share private placement
February 28, 2005
(via STOCKWATCH
) - TSX Venture Exchange
reports:
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 26, 2005.
Shares: 1.62 million
Purchase price: 10 cents per share
Warrants: 1.62 million share purchase warrants to purchase 1.62 million shares
Warrant exercise price: 12 cents for a two-year period
Number of placees: Six
Insider participation: Juraj Krajci, 550,000; Hastings Management Corp. (Richard Hughes), 200,000
Pro group participation: Paul Crossett, 100,000
Section 111 Report
February 28, 2005
(via STOCKWATCH
) - Mr. Juraj Krajci
reports:
Vancouver, BC - February 28, 2005 - This news release is issued on behalf of Juraj Krajci ("JK") and is being issued pursuant to s. 111 of the Securities Act (British Columbia).
JK entered into a private placement subscription agreement dated January 26, 2005 whereby JK agreed to purchase a total of 550,000 units of Neodym Technologies Inc. (the "Company") at a purchase price of $0.10 per unit. Each unit consists of one common share and one share purchase warrant. Each warrant will entitle JK to purchase a further common share at a price of $0.12 per share for a period of two years.
The private placement was approved by the TSX Venture Exchange on February 28, 2005. The shares are subject to a hold period until June 29, 2005.
JK's current shareholdings of 3,419,940 shares of the Company, together with the 550,000 shares of the Company, represent 35.59% of the Company's current outstanding common shares. In addition, JK holds securities convertible into voting securities for an additional 990,000 common shares of the Company. If JK exercises his right to acquire additional voting securities of the Company to the exclusion of all others, JK would own 4,959,940 common shares representing 40.84% of the then issued common share capital of the Company.
JK acquired the 550,000 units directly for investment purposes and, subject to availability, price, the general state of the capital markets and the financial condition of the Company from time to time, he may purchase additional shares of the Company.
No person has acted jointly or in concert with JK with respect to this acquisition. The private placement was not carried out through any market.
On behalf of Neodym Technologies Inc. “Juraj Krajci” President
The company relies on litigation protection for "forward-looking" statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Private Placement
January 26, 2005
(via SEDAR
) - Mr. Juraj Krajci
reports:
Vancouver, BC - January 26, 2005 - Subject to regulatory approval, the Company has arranged a private placement for gross proceeds of CDN$150,000 in units of the Company at a price of $0.10 per unit. Each unit will consist of one common share and one non-transferable common share purchase warrant. Each warrant shall entitle the holder to purchase one additional common share at a price of $0.12 for a period of 24 months.
The proceeds of the financing will be used for product development and working capital.
About Neodym Technologies Inc. Neodym has developed innovative and cost-effective gas safety and loss control systems for commercial and industrial markets. Neodym is establishing itself as a leading developer and supplier of gas safety and fuel quality monitoring systems for the Alternative Energy Economy
On behalf of Neodym Technologies Inc. “Juraj Krajci” President
The company relies on litigation protection for "forward-looking" statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Private Placement
June 17, 2003
(via SEDAR
) - Mr. Juraj Krajci
reports:
Vancouver, BC - June 17, 2003 - Subject to regulatory approval, the Company has arranged a private placement for gross proceeds of CDN$81,800 in units of the Company at a price of $0.10 per unit. Each unit will consist of one common share and one non-transferable common share purchase warrant. Each warrant shall entitle the holder to purchase one additional common share at a price of $0.15 for a period of 24 months.
The proceeds of the financing will be used for product development and working capital.
About Neodym Technologies Inc. Neodym has developed innovative and cost-effective gas safety and loss control systems for commercial and industrial markets. Neodym is establishing itself as a leading developer and supplier of gas safety and fuel quality monitoring systems for the Alternative Energy Economy
On behalf of Neodym Technologies Inc. “Juraj Krajci” President
The company relies on litigation protection for "forward-looking" statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Neodym increased stock option pricing
February 6, 2003
(via SEDAR
) - Mr. Juraj Krajci
reports:
Neodym Technologies has increased the price of 670,000 incentive stock options to directors, employees and consultants of the company from 10 cents to 12 cents.
About Neodym Technologies Inc. Neodym has developed innovative and cost-effective gas safety and loss control systems for commercial and industrial markets. Neodym is establishing itself as a leading developer and supplier of gas safety and fuel quality monitoring systems for the Alternative Energy Economy
On behalf of Neodym Technologies Inc. “Juraj Krajci” President
The company relies on litigation protection for "forward-looking" statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Neodym 733,500-share private placement
October 7, 2002
(via Tsx Venture Exchange Bulletin
) - Mr. Juraj Krajci
reports:
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement.
No. of shares: 733,500 Purchase price: 12 cents Warrants: 733,500 non-transferable share purchase warrants to purchase 733,500 shares Warrant exercise price: 15 cents for a two-year period No. of placees: Nine Insider: Juraj Krajci 300,000
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The company must also issue a news release if the private placement does not close promptly.
Neodym arranges $85,000 financing
September 17, 2002
(via SEDAR
) - Mr. Juraj Krajci
reports:
Vancouver, BC - September 17, 2002. Neodym Technologies has arranged a private placement for proceeds of $85,000 in units of the company at a price of 12 cents per unit. Each unit will consist of one common share and one non-transferable common share purchase warrant. Each warrant shall entitle the holder to purchase one additional common share at a price of 15 cents for a period of 24 months. The proceeds of the financing will be used for product development, working capital and marketing.
About Neodym Technologies Inc. Neodym has developed innovative and cost-effective gas safety and loss control systems for commercial and industrial markets. Neodym is establishing itself as a leading developer and supplier of gas safety and fuel quality monitoring systems for the Alternative Energy Economy
On behalf of Neodym Technologies Inc. "Juraj Krajci" President
The company relies on litigation protection for "forward-looking" statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Stock options re-priced
September 12, 2002
(via SEDAR
) - Mr. Juraj Krajci
reports:
Vancouver, BC - September 12, 2002. Subject to regulatory approval, Neodym has re-priced 670,000 incentive stock options at prices ranging from 28 cents to 30 cents to 10 cents. The expiry dates range from March 1, 2005, to Aug. 10, 2006. Options re-priced in favour of the directors and officers are subject to shareholder approval.
About Neodym Technologies Inc. Neodym has developed innovative and cost-effective gas safety and loss control systems for commercial and industrial markets. Neodym is establishing itself as a leading developer and supplier of gas safety and fuel quality monitoring systems for the Alternative Energy Economy
On behalf of Neodym Technologies Inc. "Juraj Krajci" President
The company relies on litigation protection for "forward-looking" statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Neodym Adds Fuel Cell Expert to Advisory Board
June 5, 2002
(via SEDAR
) - Mr. Juraj Krajci
reports:
Vancouver, BC - June 5, 2002 - Neodym is pleased to announce the addition of Mr. Rafik Ward to the Company's Advisory Board.
"As a leading developer of gas sensing technology for the worldwide fuel cell industry, the success of Neodym's products is tied to a sound grasp of the challenges and concerns faced by our target customers in the areas of gas safety and fuel quality monitoring", stated Juraj Krajci, President and CEO of Neodym. He continued: "To that end, we are very pleased to welcome Mr. Ward to our Company's Advisory board and we consider ourselves most fortunate to gain access to his expertise in the fuel cell-related areas of business development, marketing and technical requirements."
Mr. Ward joined Ballard Power System's Core Technology Group - a world leader in PEM fuel cell technology - as a development engineer in 1994. Later Mr. Ward co-invented and production-engineered the world's first oil-less natural gas booster compression system. He commissioned a major subsystem for the world's largest PEM fuel cell power plant, and was responsible for the specification and integration of instrumentation and sensors for fuel cell systems. Currently Mr. Ward is a Senior Marketing Manager for West Bay Semiconductor, a leading developer and marketer of ultra high-density integrated circuits for broadband optical communications network systems.
Mr. Ward has an engineering degree with distinction from the University of British Columbia and graduated as an MBA Merit Scholar from the Sloan School at the Massachusetts Institute of Technology.
About Neodym Technologies Inc. Neodym has developed innovative and cost-effective gas safety and loss control systems for commercial and industrial markets. Neodym is establishing itself as a leading developer and supplier of gas safety and fuel quality monitoring systems for the Alternative Energy Economy
On behalf of Neodym Technologies Inc. "Juraj Krajci" President
The company relies on litigation protection for "forward-looking" statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Neodym Technologies 835,550-share private placement
May 31, 2002
(via Stockwatch
) - TSX Venture Exchange Bulletin
reports:
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced May 15, 2002.
No. of shares: 835,550 Price: 12 cents per share Warrants: 835,550 non-transferable share purchase warrants to purchase 835,550 shares Warrant price: 15 cents for a two-year period Placees: 12 placees participated Insiders: Juraj Krajci 210,000 and Hastings Management Corp. (Richard Hughes) 100,000
The company must issue news if the private placement does not close promptly.
Neodym arranges $75,000 financing
May 15, 2002
(via SEDAR
) - Mr. Juraj Krajci
reports:
Vancouver, BC – May 15, 2002 – Neodym Technologies has arranged a private placement for gross proceeds of $75,000 by selling units of the company at a price of 12 cents per unit. Each unit will consist of one common share and one non-transferable common share purchase warrant. Each warrant shall entitle the holder to purchase one additional common share at a price of 15 cents for a period of 24 months.
The proceeds of the financing will be used for product development, working capital and marketing.
About Neodym Technologies Inc. Neodym has developed innovative safety and security systems and USB video technology for the commercial, industrial and residential markets. Neodym's monitoring systems incorporate fixed and portable capabilities as well as distributed USB plug and play connectivity for convenience and Internet access. To satisfy demand for automated sensing, Neodym engineers are developing other web accessible and distributed sensing devices.
On behalf of Neodym Technologies Inc. "Juraj Krajci" President
The company relies on litigation protection for "forward-looking" statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Neodym Unveils New Gas Sensor for Fuel-Cells
April 4, 2002
(via SEDAR
) - Mr. Juraj Krajci
reports:
Vancouver, BC – April 4, 2002 – In keeping with the Company’s market-driven approach to product development, Neodym Technologies will be introducing several new products in the coming weeks. At this time, Neodym is pleased to announce the immediate availability of PowerKnowz™ - a series of gas sensors specifically designed for the fuel-cell and alternative energy industry.
Associated Press reported earlier this year that the Bush administration is abandoning the program to produce highly efficient cars in favor of a government-industry push to develop vehicles powered by hydrogen. The administration’s focus is on speeding up development of hydrogen fuel-cell powered vehicles, a technology that has attracted intense interest in recent years. A U.S. Energy Department spokesperson said that the new government-industry partnership “will further the president’s national energy policy, which calls for increased research in hydrogen technology to diversify and enhance America’s energy security.”
In a similar move, the Canadian Federal Industry Minister recently announced $20 million in new funding for the development of fuel-cell technologies in B.C.
Devices such as fuel-cells and methane-powered electricity generators generally require two gas sensors: one to monitor the quality of the fuel and another to monitor potential hazards represented by fuel leaks. As such, Neodym anticipates that it can play a leading role in the alternative energy industry and has taken steps to sign on to the various government fuel-cell initiatives.
In recent months Neodym has been approached by various alternative energy companies to provide prototypes of small, light and inexpensive gas sensors for their unique embedded applications. In response, Neodym has provided fully-functional units to several established fuel-cell and power generation companies in both the United States and Canada based upon their ‘dream’ specifications. Feedback to date has confirmed that these devices have been very well received and that the internal evaluations are proceeding with most favorable results.
Mr. Bill McDonald, Neodym’s Director of Sales and Marketing stated: “We are thrilled to introduce offerings to the burgeoning Distributed Power market which is expected by the U.S. Department of Energy to reach $20 Billion by 2010. We are confident that Neodym’s cumulative 50 years engineering and marketing experience in the gas safety industry will allow us to establish ourselves as a leader and an innovator in this rapidly expanding market.”
Further details are available at Neodym’s web site: NEOSAFE.COM
About Neodym Technologies Inc. Neodym has developed innovative safety and security systems and USB video technology for the commercial, industrial and residential markets. Neodym's monitoring systems incorporate fixed and portable capabilities as well as distributed USB plug and play connectivity for convenience and Internet access. To satisfy demand for automated sensing, Neodym engineers are developing other web accessible and distributed sensing devices.
On behalf of Neodym Technologies Inc. "Juraj Krajci" President
The company relies on litigation protection for "forward-looking" statements. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Private Placement Cancelled
March 1, 2002
(via SEDAR
) - Mr. Juraj Krajci
reports:
Vancouver, BC - March 1, 2002 - Further to the Company's news release of January 9th the Company will not be completing its proposed private placement at this time. The company continues to seek additional financing and has had several expressions of interest. Management will announce any further developments as they occur.
About Neodym Technologies Inc. Neodym has developed innovative safety and security systems and USB video technology for the commercial, industrial and residential markets. Neodym's monitoring systems incorporate fixed and portable capabilities as well as distributed USB plug and play connectivity for convenience and Internet access. To satisfy demand for automated sensing, Neodym engineers are developing other web accessible and distributed sensing devices.
On behalf of Neodym Technologies Inc. "Juraj Krajci" President
The company relies on litigation protection for "forward-looking" statements. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Neodym arranges $225,000 financing
January 9, 2002
(via SEDAR
) - Mr. Juraj Krajci
reports:
Vancouver, BC – January 9, 2002 – Subject to regulatory approval, the Company has arranged a private placement for gross proceeds of CDN$225,000 in units of the Company at a price of $0.20 per unit. Each unit will consist of one common share and one non-transferable common share purchase warrant. Each warrant shall entitle the holder to purchase one additional common share at a price of $0.30 for a period of 24 months.
The proceeds of the financing will be used for research and development, working capital and marketing.
About Neodym Technologies Inc. Neodym has developed innovative safety and security systems and USB video technology for the commercial, industrial and residential markets. Neodym's monitoring systems incorporate fixed and portable capabilities as well as distributed USB plug and play connectivity for convenience and Internet access. To satisfy demand for automated sensing, Neodym engineers are developing other web accessible and distributed sensing devices.
On behalf of Neodym Technologies Inc. "Juraj Krajci" President
The company relies on litigation protection for "forward-looking" statements. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Positive Reviews for Neodym Products and Technology
November 15, 2001
(via SEDAR
) - Mr. Juraj Krajci
reports:
Vancouver, BC - November 15, 2001 – Neodym’s patented CertAir™ technology and existing product offerings were the subject of a six-page article in the October issue of the respected Sensor Business Digest (Foster City, California). Mr. William McDonald, Neodym’s Director of Sales and Marketing, stated: “Exposure in this publication has already translated into several inquiries to Neodym’s marketing department to apply Certair™ technology in diverse sensing applications. Callers have described the Certair™ system’s attributes as being “very impressive”.”
Neodym’s KnowzNet™ hardware has been integrated into networking equipment of a Maryland-based defense contractor for demonstration at the Las Vegas Fall Comdex presently underway. The intended application is for a networked gas/chemical threat sensing and telematics call center system. Mr. Juraj Krajci, President and CEO of Neodym, stated: “We at Neodym are pleased to see our technology being integrated into the equipment of well-established OEMs. Already more than 80% of our sales are directed to OEM customers, demonstrating the confidence of manufacturers in Neodym’s ability to add value to their products”.
Sales of Neodym detectors have increased markedly over the year. The Company has progressed from selling single units at a time at the beginning of the year, to selling tens of units at mid-year and presently has been fulfilling orders for hundreds of units at a time. Just in the month of November, Neodym has shipped 250 detectors to a single North American customer.
About Neodym Technologies Inc. Neodym has developed innovative safety and security systems and USB video technology for the commercial, industrial and residential markets. Neodym's monitoring systems incorporate fixed and portable capabilities as well as distributed USB plug and play connectivity for convenience and Internet access. To satisfy demand for automated sensing, Neodym engineers are developing other web accessible and distributed sensing devices.
On behalf of Neodym Technologies Inc. "Juraj Krajci" President
The company relies on litigation protection for "forward-looking" statements. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Neodym’s Sensing Capability Now Includes Chemical Threats
October 23, 2001
(via SEDAR
) - Mr. Juraj Krajci
reports:
Vancouver, BC - October 22, 2001 - In response to numerous recent inquiries regarding the capability of Neodym’s equipment to detect various chemical threats, the Company is pleased to inform as follows:
Although it has always been Neodym’s intention to extend the sensing capability of its equipment beyond the mere detection of explosive gases, the events subsequent to September 11, 2001 have caused the Company to significantly accelerate development of detection capability in the area of toxic, asphyxiating and other bio-hazardous gases. It should be noted that Neodym’s U.S. patent granted in February 2001 for the CertAir™ gas detection system covers “any potentially hazardous airborne material” including radioactive and bio-hazardous materials.
Neodym’s extended sensing capability has now entered Beta trials with the October 11, 2001 introduction of Multi-sensor KnowzNet™ Version 2.0 - an eight point "any sensor" detection system with web monitoring and dial-in/dial-out capability based on CertAir™ technology. Depending on which sensors are integrated, typical systems sell for $500 to $1000 U.S.
This new system is capable of responding to several safety and security threats including toxic gases such as hydrogen cyanide, chlorine, carbon monoxide, ethylene oxide, sulfur dioxide, etc., explosive gases (natural gas, hydrogen, etc.), environmental pollutants (freon, NOx, etc.), and general health and security threats (smoke, oxygen, intruder sensors, etc.). Neodym engineers are actively researching and developing additional capability to detect radioactive materials and other nerve agents.
U.S. Military engineers are presently evaluating KnowzNet™ for potential incorporation in comprehensive civic defense systems.
"Our company’s ongoing commitment to innovation and customer satisfaction has allowed Neodym to respond rapidly to evolving market needs without causing obsolescence of existing customer’s hardware" stated Mr. Juraj Krajci, President and CEO of Neodym Technologies. He added: "Currently installed KnowzNet™ systems are able to be field-reprogrammed to handle the extended sensing capability by downloading a new firmware file from the Neodym web site (http://www.neodymtechnologies.com) and ordering sensor heads of interest. Furthermore, Neodym has made the new KnowzNet™ Version 2.0 PC application software available for web download on a free trial basis. This software permits a fully interactive demonstration of the system’s capabilities even in the absence of the KnowzNet™ hardware".
The heightened security consciousness following the recent terrorist attacks coincides with significantly increased sales of Neodym detection equipment and management is taking steps to expand order fulfillment capability in light of the increasing demand.
About Neodym Technologies Inc. Neodym has developed innovative safety and security systems and USB video technology for the commercial, industrial and residential markets. Neodym's monitoring systems incorporate fixed and portable capabilities as well as distributed USB plug and play connectivity for convenience and Internet access. To satisfy demand for automated sensing, Neodym engineers are developing other web accessible and distributed sensing devices.
On behalf of Neodym Technologies Inc. "Juraj Krajci" President
The company relies on litigation protection for "forward-looking" statements. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Neodym withdraws from Senco take-over
September 17, 2001
(via SEDAR
) - Mr. Juraj Krajci
reports:
Vancouver, BC - September 17, 2001 - This press release is issued concurrently by Senco Sensors Inc. and Neodym technologies Inc.
Since Neodym Technologies Inc. announced its contemplated share-based take-over bid for Senco Sensors Inc. on September 6, 2001, management of both companies have been engaged in discussions to evaluate the merits of such a transaction.
Senco management indicated that it considered the proposed offer of 0.1 Neodym shares for each Senco share to be too low a valuation and that they would not endorse such a bid. In light of the above, Neodym is unwilling to undertake a bid not endorsed by Senco Management, and has decided to withdraw its bid for take-over.
These recent discussions between Senco and Neodym have confirmed in the minds of both parties that synergies do exist between both companies, and that the interests of both sets of shareholders would be better served by way of a strategic alliance instead of an acquisition of one by the other. To this end, both parties have agreed to execute an intellectual property protection agreement that will allow them to fully explore and exploit the benefits of product, technology and marketing co-operation in the future.
About Neodym Technologies Inc. Neodym has developed innovative gas detection systems and USB video technology for the commercial, industrial and residential markets. Neodym's flammable gas detection systems incorporate fixed and portable capabilities as well as distributed USB plug and play connectivity for convenience and Internet access. To satisfy demand for automated sensing, Neodym engineers are developing other web accessible and distributed sensing devices.
On behalf of Neodym Technologies Inc. "Juraj Krajci" President
The company relies on litigation protection for "forward-looking" statements. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Messrs. Marti & Pearce Elected Directors
September 11, 2001
(via Canada Stockwatch
) - Mr. Juraj Krajci
reports:
Vancouver, BC – September 11, 2001 – Neodym Technologies wishes to announce that Mr. Michael Marti and Mr. Stephen Pearce have been elected to the Board of Directors of the Company.
Mr. Marti is the President and CEO of Electronics Manufacturing Group Inc. (“EMG”), a TSE-listed company with manufacturing operations in Calgary, Alberta and Markham, Ontario.
Prior to joining EMG in August 2001, Mr. Marti was President of Aimtronics Corporation, a wholly-owned subsidiary of TSE-listed AimGlobal Technologies Inc. (“AIM”). Mr. Marti joined AIM as its Chief Financial Officer in 1987 and was promoted to Vice President and General Manager later that year. He played a leadership role in growing the business from a start-up company with no revenues to sales of over $16 million within ten years. AIM’s business was focused on portable gas detection instruments and carbon monoxide residential monitors. From 1997 to 1998, Mr. Marti was directly responsible for identifying, negotiating and completing the acquisition of two public companies and a private company to form Aimtronics Corporation. Aimtronics is a contract manufacturer having four locations in Canada and one in upstate New York, USA. As President of Aimtronics, he oversaw the integration of the three acquisitions into a cohesive entity which saw its sales rise from $57.5 million in 1998 to $154 million in 2001.
While with AIM, Mr. Marti was instrumental in raising in excess of $100 million in equity financing, the most recent as a bought deal of $34 million in March, 2000.
Mr. Marti graduated in 1980 from the University of British Columbia with a Bachelor of Commerce degree majoring in finance and accounting and management information systems. He articled with Price Waterhouse, received his Chartered Accountant designation in December 1982 and went on to work as corporate controller for Chapman Industries.
Mr. Marti brings many years of business experience in such areas as mergers, acquisitions, finance, and electronics manufacturing, including several years managing a business focused on the design, development, manufacturing and marketing of personal safety gas detection products. Mr. Juraj Krajci, President and CEO of Neodym stated: “We are thrilled to have someone of Michael’s acumen, experience and stature joining our Board and anticipate that his involvement with Neodym will be pivotal in the development and expansion of our business.”
Mr. Stephen Pearce is an attorney specializing in Corporate and Securities Law and also joins the Neodym Board today. Since 1999 he has acted as Corporate Secretary and Legal Counsel for Neodym and will continue on in those functions. Mr. Pearce serves as corporate counsel for Hastings Management Corp., a company that provides administrative services to various public and private companies. Prior to Hastings, Mr. Pearce was an Articled Law Student with the law firm of Thomas Rondeau. Mr. Pearce serves as a Director of Gulf International Minerals (CDNX:GIM) and Daren Industries (CDNX: DIL), and is the Corporate Secretary of Golden Goliath Resources Ltd. (CDNX:GNG).
Mr. Pearce has a law degree from the University of British Columbia and an honours degree in economics from York University with an emphasis on corporate finance. Mr. Krajci added: “Stephen’s diligent and prudent negotiation of Neodym’s recent reverse take-over transaction through the various legal and regulatory obstacles which presented themselves was nothing short of heroic. We welcome the energy, insightfulness and work ethics that Stephen brings to our Board.”
By mutual agreement, Mr. David Dunnison did to not stand for re-election as a Director of Neodym and departs on the most cordial of terms. Since becoming a Director of Neodym in 1999, Mr. Dunnison became President and CEO of Protexis Inc. where his duty of attention demands all his available time. Mr. Krajci stated: “On behalf of Management and the shareholders of Neodym we extend our gratitude to David for the many significant contributions he has made to our organization and wish him much success in his future endeavors.”
About Neodym Technologies Inc. Neodym has developed innovative gas detection systems and USB video technology for the commercial, industrial and residential markets. Neodym's flammable gas detection systems incorporate fixed and portable capabilities as well as distributed USB plug and play connectivity for convenience and Internet access. To satisfy demand for automated sensing, Neodym engineers are developing other web accessible and distributed sensing devices.
On behalf of Neodym Technologies Inc. “Juraj Krajci” President
The company relies on litigation protection for "forward-looking" statements. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Neodym to make bid for Senco
September 6, 2001
(via Canada NewsWire
) - Mr. Juraj Krajci
reports:
Vancouver, BC – September 6, 2001 – Neodym Technologies wishes to announce that it intends to make a takeover offer for all of the issued shares of Senco Sensors Inc. Senco Sensors is a high tech manufacturer/wholesaler of carbon monoxide alarms that incorporate proprietary, patented electrochemical sensor technology.
The offer will consist of 0.1 shares of Neodym for every one share of Senco and is based on the ten day trading average of both companies. The offering circular associated with the transaction is expected to be mailed to Senco’s shareholders shortly, in which the offer will expire 35 days thereafter unless extended by Neodym. The offer is subject to a number of conditions, including acceptance of the offer by Senco shareholders as well as regulatory approval.
Mr. Juraj Krajci, President and CEO of Neodym stated: “We believe that Neodym’s and Senco’s patented technologies and products are complimentary to each other and that this transaction would be a benefit to the shareholders of both companies. Senco’s superior products and reputable brand name coupled with the skill and expertise of Neodym in the area of gas detection equipment innovation, development and marketing would allow the new entity to exploit many significant and mutually beneficial synergies”.
About Neodym Technologies Inc. Neodym has developed innovative gas detection systems and USB video technology for the commercial, industrial and residential markets. Neodym's flammable gas detection systems incorporate fixed and portable capabilities as well as distributed USB plug and play connectivity for convenience and Internet access. To satisfy demand for automated sensing, Neodym engineers are developing other web accessible and distributed sensing devices.
On behalf of Neodym Technologies Inc. “Juraj Krajci” President
The company relies on litigation protection for "forward-looking" statements. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Neodym grants incentive stock options
August 10, 2001
(via Canada Stockwatch
) - Mr. Juraj Krajci
reports:
Subject to regulatory approval, the company has granted 360,000 incentive stock options to directors and officers of the company and 170,000 incentive stock options to employees and consultants of the company exercisable at a price of 30 cents per share for a period of five years. The incentive stock options will be subject to the rules and policies of the Canadian Venture Exchange including a four-month hold period from the date of grant.
WARNING: The company relies upon litigation protection for "forward-looking" statements.
Neodym’s KnowzNet™ Detection System Passes Beta Tests
July 30, 2001
(via SEDAR
) - Mr. Juraj Krajci
reports:
Vancouver, BC – July 30, 2001 – In December 2000 Neodym Technologies launched international field trials and test marketing of its KnowzNet™ gas detection system. Units were shipped for evaluation to customers around the world in countries such as the United States, Peru, New Zealand, the Philippines and Singapore. The field trials have been very successful. The performance of the technology has exceeded management’s expectations and customers have responded enthusiastically regarding the affordable price, ease of installation, and usefulness of the system.
KnowzNet™ is a control panel-based detection system that supports up to 8 remote gas sensing heads. Each sensing head can be located up to 300 feet from the control unit and is connected using off-the-shelf, inexpensive telephony cords and jacks. The unit has the ability to trigger external devices such as sirens, gas shut-off valves, ventilation fans, etc. The systems are easily integrated with existing security systems. Neodym has incorporated its patented CertAir™ USB technology into KnowzNet™ to allow the systems to dial-out to telephones or pagers, or upload system status regularly to a web page for remote viewing.
A manufacturer of food packaging materials bought a KnowzNet™ evaluation system in May 2001 and recently wired funds for another. Their system engineer stated: “I am using the Neodym KnowzNet in my Styropore Manufacturing Plant, where I am using LPG as an expanding agent for my Poly Styrene in the manufacture of Styropore Food Packaging Products. I am very satisfied with the accuracy and effectiveness of your product and the computer interface (that) is very important to me. I also like the fact that it is a multi station unit, 8 stations in fact. I have many sensing points, not only at my LPG junctions and apparatus but also in the storage facilities of my Styropore rolls which emit high volume of LPG gas just after production…(which) is very dangerous and an extreme fire hazard to my plant”.
Mr. Bill McDonald, Neodym’s Director of Sales and Marketing stated: “The KnowzNet™ system is another example of Neodym listening to the issues of potential users in the market place and then responding quickly with a cost-effective solution to meet their needs. The fact that Beta test customers are ordering additional systems validates Neodym’s understanding of customer’s requirements. Neodym engineers began developing the system in the summer of 2000 and by the end of the year, a stable product was ready for Beta testing. The system was designed to interface to a variety of sensors and actuators for uses other than gas detection and we look forward to integrating other transducers which will widen the scope of applications in other industries.”
Mr. Juraj Krajci, President and CEO of Neodym stated: “We are pleased to be able to increase our shareholder’s value by exploiting CertAir™ technology pieces as they become ready. The resulting sales revenues assist in funding other projects presently under development. Over the ensuing weeks, management of the company will be establishing marketing schedules and budgets to raise consumer and distributor awareness of our KnowzNet™ system”.
Neodym has developed innovative gas detection systems and USB video technology for the commercial, industrial and residential markets. Neodym's flammable gas detection systems incorporate fixed and portable capabilities as well as distributed USB plug and play connectivity for convenience and Internet access. To satisfy demand for automated sensing, Neodym engineers are developing other web accessible and distributed sensing devices.
On behalf of Neodym Technologies Inc. “Juraj Krajci” President
The company relies on litigation protection for "forward-looking" statements. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Neodym shares transferred to Krajci
May 7, 2001
(via Canada Stockwatch
) - Mr. Juraj Krajci, pursuant to Section 111 of the Securities Act (British Columbia),
reports:
Neodym Systems (NSI), a company owned by Juraj Krajci, acquired 1.44 million common shares of Panterra Minerals Inc. (PMI) on Aug. 12, 1999. Pursuant to the reverse takeover of PMI by NSI to form Neodym Technologies Inc., the shares previously held by NSI were transferred to Mr. Krajci. In addition, Mr. Krajci acquired two million shares of the company from treasury pursuant to the reverse takeover and he holds in trust one million escrow shares for future management which are presently under his control. Mr. Krajci holds 426,940 special warrants of the company convertible into one share and one warrant. To facilitate the completion of the reverse takeover, Mr. Krajci disposed of 400,000 preconsolidated shares in order to meet the distribution requirements imposed by the exchange. Upon completion of the reverse takeover and exercise of the special warrants, Mr. Krajci will own and control a total of 3,589,940 shares representing 50.1 per cent of the issued and outstanding common shares of the company.
The shares were acquired for investment purposes.
Private Placement Brokered, Correction
May 7, 2001
(via Canada Newswire
) - The Canadian Venture Exchange
reports:
NEODYM TECHNOLOGIES INC. ("NEO") (formerly Panterra Minerals Inc. ("PNA"))
BULLETIN TYPE: Private Placement Brokered, Correction
BULLETIN DATE: May 7, 2001
Tier 2 Company
Further to CDNX Bulletin dated May 1, 2001, the Agents' Fee in connection with the brokered private placement announced February 13, 2001 should read as follows:
Agents' Fee: An option to acquire an underlying Agent's warrant which is exercisable for up to 91,773 Agent's Units at a price of $0.30 per Agent's Unit. Each Agent's Unit is comprised of one common share and one share purchase warrant with each warrant exercisable at a price of $0.45 for a period of one year from the date of issue.
Neodym Receives First US Patent and Commences Trading
May 3, 2001
(via SEDAR
) - Mr. Juraj Krajci
reports:
Vancouver, BC – May 3, 2001 – The United States Patent Office has issued patent number 6,182,497 to Neodym Systems Inc. for its “Gas Detection System and Method” and has allowed all 29 claims. This patent covers Neodym’s Certair™ system, a combination fixed and portable gas detection device that can be connected and powered by a standard USB interface to any desktop or laptop computer at a distance of up to 300 feet. The company is pursuing international protection for Certair™ under the Patent Co-operation Treaty.
Neodym’s Certair™ system addresses three fundamental gas detection issues. First, Certair™ can monitor environments continuously 24 hours per day, seven days per week from a remote fixed location while providing information to a standard personal computer. Second, it can be separated from its communication pod for use as a portable employee protection gas detector. Third, in the case of a detected leak, it can be separated from its pod to isolate the source of the leak. Traditionally, industrial gas detection instruments have been either fixed or portable systems. Classic fixed systems have relied on proprietary interfaces, software and central monitoring systems. Certair™ eliminates the need for custom central monitoring equipment and a single, combination fixed and portable system simplifies the instrumentation requirements and associated maintenance issues for industrial users. As a PC driven device, Certair™ offers a standard, Windows-based software interface that enables extended data logging functions, process monitoring capabilities and alarm activation communications.
Juraj Krajci, Neodym’s President and CEO stated, “This patent recognizes Neodym’s unique invention and provides Neodym with protection to exploit the significant market opportunities this new technology offers. Certair™’s combination portable and fixed capabilities give us a competitive edge. The incorporation of USB technology into our gas detection systems offers users the convenience of integrating Certair™ into almost any computer network. We believe that we are the first company to successfully integrate the powering and installation convenience of a USB connection into a gas detection system.”
Neodym Systems Inc. is a wholly-owned subsidiary of Neodym Technologies Inc. (formerly Panterra Minerals Inc.) and was acquired by way of a reverse take-over which completed on May 1, 2001. The common stock of Neodym is now listed to trade on the CDNX under the symbol “NEO”. Mr Krajci stated, “We are pleased and relieved that this challenging and protracted corporate re-organization is behind us. We are now able to fully focus our attention and resources on Neodym’s business development and increasing shareholder value. On behalf of management and the employees of Neodym, I extend our warmest thanks to our shareholders and investors for their patience and support”.
Neodym has developed innovative gas detection systems and USB video technology for the commercial, industrial and residential markets. Neodym's flammable gas detection systems incorporate fixed and portable capabilities as well as distributed USB plug and play connectivity for convenience and Internet access. To satisfy demand for automated sensing, Neodym engineers are developing other web accessible and distributed sensing devices.
On behalf of Neodym Technologies Inc. “Juraj Krajci” President
Resume Trading, RTO Complete, Name Change, Consolidation
May 1, 2001
(via Canada Newswire
) - The Canadian Venture Exchange
reports:
NEODYM TECHNOLOGIES INC. ("NEO") (formerly Panterra Minerals Inc. ("PNA"))
BULLETIN TYPE: Resume Trading, Reverse Takeover-Completed, Name Change and Consolidation, Private Placement-Brokered, Private Placement-Non-Brokered
BULLETIN DATE: May 1, 2001 Tier 2 Company
The common shares of the Company have been halted from trading since September 19, 1999, pending completion of a Reverse Take-Over. Effective at the opening, May 3, 2001, trading in the shares of the Company will resume.
The CDNX has accepted for filing the Company's Reverse Take-Over ('RTO'), which includes the following transactions:
Acquisition
The Exchange has accepted for filing a Share Purchase Agreement dated November 24, 1999 between the Company, Neodym Systems Inc. ('Neodym') and Juraj Krajci, whereby the Company can acquire 100% of the shares of Neodym from Mr. Krajci. Consideration consists of 1,000,000 common shares and 2,000,000 escrowed Performance Shares pursuant to a Performance Share Escrow Agreement dated March 1, 2001. The Performance Shares are allocated 1,000,000 to Juraj Krajci and 1,000,000 to Juraj Krajci in trust for future management. The Performance Shares can be released from escrow on the basis of cumulative cash flows with one share released for each $0.087 of cumulative cash flow generated.
Insider / Pro Group Participation: Juraj Krajci (Insider) 3,000,000 shares
Name Change
Pursuant to a special resolution passed by shareholders January 31, 2000, the Company has consolidated its capital on a four old for one new basis. The name of the Company has also been changed from Panterra Minerals Inc. to Neodym Technologies Inc.
Effective at the opening May 3, 2001, the common shares of Neodym Technologies Inc. will commence trading on CDNX, and the common shares of Panterra Minerals Inc. will be delisted. The Company is classified as a 'Gas Surface Testing Instrumentation' company.
Post - Consolidation Capitalization: 100,000,000 shares with no par value of which 7,164,870 shares are issued and outstanding
Escrow: 2,000,000 shares held in escrow Transfer Agent: Computershare Investor Service Inc. Trading Symbol: NEO (new) CUSIP Number: 640472 10 6 (new)
Private Placement-Brokered
CDNX has accepted for filing documentation with respect to a Brokered Private Placement announced February 13, 2001:
Number of Shares: 916,773 special warrants Purchase Price: $0.30 per special warrant Warrants: 916,773 non-transferable share purchase warrants to purchase 916,773 shares Warrant Exercise Price: $0.45 for a one year period Number of Placees: 29 placees
Insider / Pro Group Participation: Juraj Krajci (insider) 346,940 shares David Dunnison (insider) 8,500 shares Stephen Pearce (insider) 17,000 shares Hastings Management Corp. (Richard Hughes, insider) 33,500 shares Agent: Wolverton Securities Ltd.
Agents' Fee: 91,773 Agent's Special Warrants which are exercisable into one share and one warrant at a price of $0.30 per Agent's Special Warrant. Each warrant issued upon exercise of the Agent's Special Warrant is exercisable at a price of $0.45 for a period of one year from the date of issue.
These securities have not yet been issued, but there may be additional conditions precedent to closing. The Company must issue a news release if the private placement does not close promptly. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
Private Placement-Non-Brokered
CDNX has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 2, 2000:
Number of Shares: 1,253,400 special warrants Purchase Price: $0.25 per special warrant Warrants: 1,253,400 non-transferable share purchase warrants to purchase 1,253,400 shares Warrant Exercise Price: $0.40 for a one year period Number of Placees: 23 placees Richard Hughes (insider) 50,000 shares Stephen Pearce (insider) 20,000 shares Juraj Krajci (insider) 80,000 shares Dennis S. Fong (insider) 32,000 shares David Dunnison (insider) 20,000 shares
These securities have not yet been issued. The Company must issue a news release if the private placement does not close promptly. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
The Exchange has been advised that the above transactions, approved by shareholders on January 31, 2000, have been completed.
Panterra increases brokered financing
February 13, 2001
(via Canada Stockwatch
) - Mr. Juraj Krajci
reports:
The brokered private placement announced in Stockwatch Nov. 1, 2000, of up to 666,667 special warrants at 30 cents per special warrant for total proceeds of $200,000 has been increased.
The new financing shall be for up to 916,667 special warrants at 30 cents per special warrant for total proceeds of $275,000. Each special warrant is convertible into one unit consisting of one common share and one share purchase warrant. Each share purchase warrant is exercisable into one common share at a price of 45 cents for a period of one year. Wolverton Securities Ltd. will be paid a commission of 10 per cent and will be entitled to a broker's warrant in the amount of 10 per cent of the offering. The broker's warrant will be on the same terms as the special warrants. The company will also pay to Wolverton a corporate finance fee of $3,000 and pay for its costs associated with the offering. The private placement is subject to regulatory approval.
The proceeds of the financing will be used to complete the development of Neodym's CertAir gas detection system, research and development of Neodym's USB camera, for sales and marketing, and for administrative and working capital.
Panterra to raise $200,000
November 1, 2000
(via Canada Stockwatch
) - Mr. Richard Hughes
reports:
The company has arranged a private placement of up to 666,667 special warrants at 30 cents per special warrant for total proceeds of $200,000. Each special warrant is convertible into one unit consisting of one common share and one share purchase warrant. Each share purchase warrant is exercisable into one common share at a price of 45 cents for a period of one year. Wolverton Securities Ltd. will be paid a commission of 10 per cent and will be entitled to a broker's warrant in the amount of 10 per cent of the offering. The broker's warrant will be on the same terms as the special warrants. The company will also pay to Wolverton a corporate finance fee of $3,000 and pay for its costs associated with the offering. The private placement is subject to regulatory approval.
The proceeds of the financing will be used to complete the development of Neodym's CertAir gas detection system, research and development of Neodym's USB camera, for sales and marketing and for administrative and general working capital.
WARNING: The company relies on litigation protection for "forward-looking" statements.
Wolverton Securities to act as sponsor
July 28, 2000
(via Canada Stockwatch
) - Mr. Richard Hughes
reports:
Further to the company's earlier news releases with respect to the proposed acquisition of Neodym Systems Inc., Wolverton Securities Ltd., subject to completion of satisfactory due diligence, has agreed to act as sponsor to the company in connection with the transaction. In consideration of Wolverton acting as the company's sponsor, the company will pay a $20,000 sponsorship fee and reasonable expenses. An agreement to sponsor should not be construed as any assurance with respect to the merits of the transaction or the likelihood of completion.
Neodym has developed innovative gas detection systems and Universal Serial Bus (USB) video technology for the commercial, industrial and residential markets. Neodym's flammable gas detection systems incorporate fixed and portable capabilities as well as distributed USB plug and play connectivity for convenience and Internet access. To satisfy demand for automated sensing, Neodym engineers are developing other Web accessible and distributed sensing devices.
Neodym adds US business leader
VANCOUVER, June 19
(via Canada Newswire
) - Mr. Juraj Krajci
reports:
Neodym Systems Inc. announced today that Tom La Berge has agreed to join the company to lead the company's strategic business development activities in the United States. Mr. La Berge has over 20 years of strategic and business development experience and brings a tremendous amount of expertise in identifying market opportunities and developing the means to take advantage of them. In addition to developing corporate business strategy, he has helped large utilities and other companies develop successful e-commerce, strategic alliance, and distribution channels strategies. He has also developed product and packaging options to capture new markets.
Mr. La Berge's previous positions include Director of Strategic Issues and Business Development at Portland General Corporation, Director of Channel Development for FirstPoint Energy Solutions, and Senior Program Director for META Group Energy Information Strategies. Mr. La Berge has been a member of the Edison Electric Institute's Strategic Planning Committee for 10 years. He has been intimately involved in the technological and structural issues driving energy and telecommunications industry changes over the last 20 years. Mr. La Berge is expected to initiate relationships between Neodym and a number of companies in the energy industry where Neodym's gas sensing products and systems are expected to provide new opportunities for business development in the home and business safety and security markets.
Juraj Krajci, Neodym's President and CEO stated, ``We are very fortunate to attract someone of Tom's caliber. Tom is an acknowledged business development leader and is very well regarded in the gas and electric utility industries. The gas utility industry in particular has shown a lot of interest in Neodym's gas sensing systems and Tom brings the right skill set to develop and structure alliances and build our business. Our market research indicates that our sensing systems may offer a strategic product and business opportunity for gas utilities and Tom is the right person to lead and develop this opportunity. We are very excited to have Tom on board.''
Neodym has developed innovative gas detection systems and USB video technology for the commercial, industrial and residential markets. Neodym's flammable gas detection systems incorporate fixed and portable capabilities as well as distributed USB plug and play connectivity for convenience and Internet access. To satisfy demand for automated sensing, Neodym engineers are developing other web accessible and distributed sensing devices.
On behalf of Panterra Minerals Inc. "Richard Hughes" - Chairman On behalf of Neodym Systems Inc. "Juraj Krajci" - President
The company relies on litigation protection for ``forward-looking'' statements. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Neodym clarifies patent application
June 9, 2000
(via Canada Stockwatch
) - Mr. Juraj Krajci
reports:
Neodym Systems Inc. wishes to provide clarification of its news release in Stockwatch June 5, 2000, regarding its patent application for a digital camera with a USB interface. This patent application has been developed independent of, and without reliance upon, any technology developed or definitely planned at any company where any employee, officer or director of Neodym was involved as an employee, officer or director. As one test of any patent is its novelty, Neodym is confident that this patent application is novel and does not infringe upon or use any technology from any company with whom its employees, consultants, advisers, officers or directors were previously associated. Neodym intends to continue its policy of submitting patent applications only where the company is certain that its inventions are truly novel and useful.
As with the CertAir™ gas detection system, Neodym has invented a sensing appliance that it believes may have commercial merit. As USB is now the standard connection method for attaching peripherals to PCs, Neodym's digital camera includes a USB interface. In joining the USB Implementers Forum, Neodym is one of over 600 companies developing devices with USB interfaces. While Neodym has not yet initiated any commercial marketing or sales for its digital camera, Neodym has approached one company with which it believes there may be corporate, product line and technology synergies. While this other company is not involved in the sensing business, Neodym intends to pursue further conversations with this company as it believes this digital camera design may complement its existing USB technology and products. Neodym management intends to pursue a business alliance strategy with this invention and its other products. Neodym is actively marketing its gas detection systems worldwide through direct and Web-based sales efforts.
Neodym has developed innovative gas detection systems and USB video technology for the commercial, industrial and residential markets. Neodym's flammable gas detection systems incorporate fixed and portable capabilities as well as distributed USB plug and play connectivity for convenience and Internet access. To satisfy demand for automated sensing, Neodym engineers are developing other Webaccessible and distributed sensing devices.
Neodym files surveillance system patent
June 5, 2000
(via Canada Stockwatch
) - Mr. Richard Hughes
reports:
Neodym Systems Inc. has received confirmation from the U.S. Patent Office for the filing of its patent, Extended Range USB Surveillance System. This patent covers Neodym's latest invention of a USB camera with integrated extended range capability. Standard USB video cameras are limited to a connection distance of five metres (16 feet). Neodym's patent application covers a camera that can be connected up to 100 metres (330 feet) away from the host PC.
Juraj Krajci, president of Neodym Systems, stated: "This is a big step for Neodym. Video security and surveillance is a very popular application for USB video cameras. Integrating extended distance capability within a USB video camera is a must for these and other applications. With this technology, using USB video cameras for security, surveillance, Web cams and video conferencing applications is now much more practical and convenient."
In related news, Neodym has received favourable communication from the U.S. Patent Office examiner regarding Neodym's CertAir™ patent application. Neodym hopes to announce a positive finding in the near future. With its increasing USB activity, Neodym also recently joined the USB Implementer's Forum. The USB Implementer's Forum, Inc. (USB-IF), was established in 1995 to support and accelerate the market and consumer adoption of USB compliant peripherals. Today, the USB-IF has more than 600 member companies and has led the way in helping companies introduce hundreds of USB-compliant products to the market.
In unrelated news, Neodym continues to work with representatives of the Canadian Venture Exchange to complete the reverse takeover of Panterra Minerals Inc. Neodym's non-recourse financing is complete and the company has begun applying these funds to its market, product and technology development activities. Neodym will release further information as it becomes available.
Neodym has developed innovative gas detection systems and USB video technology for the commercial, industrial and residential markets. Neodym's flammable gas detection systems incorporate fixed and portable capabilities as well as distributed USB plug and play connectivity for convenience and Internet access. To satisfy demand for automated sensing, Neodym engineers are developing other Web accessible and distributed sensing devices.
Non-recourse financing
May 2, 2000
(via Canada Stockwatch
) - Mr. Richard Hughes
reports:
As previously reported on April 17, 2000 Panterra has been in continual contact with the Canadian Venture Exchange with respect the reverse takeover by Neodym Systems Inc. The Reverse Takeover was overwhelmingly approved by Panterra shareholders in January of this year.
It is a minimum listing criterion of the Exchange that expenditures of at least $300,000 must have been incurred to develop the business of the company conducting the reverse takeover. Upon the signing of the Letter of Intent between Panterra and Neodym in September 1999, management met with the Exchange in order to halt trading in Panterra and discuss the details of the transaction with corporate finance. At that time management was advised that the Exchange has in the past allowed a valuation report in lieu of prior expenditures of $300,000.
Management believes that the value of Neodym does not rest in prior expenditures but in the development and marketing of its products through the sweat equity of the Neodym team. As a result of the minimum listing requirements and to ensure value to Panterra shareholders, Panterra commissioned an independent valuation report. The results of this report concluded that the fair market value of Neodym is in the range of CDN$250,000 to CDN$320,000, subject to certain assumptions and conditions.
Panterra was recently advised by the Exchange that due to the new structure at the Exchange from the merger of the Vancouver and Alberta stock exchanges it is unlikely that the use of a valuation report will compensate for not having incurred prior expenditures of $300,000. Subsequently, Panterra and Neodym have agreed to conduct a non-recourse financing of up to 1,273,400 Special Warrants at a price of $0.25. If the reverse takeover is approved then each Special Warrant will be exercisable into one unit consisting of one common share of Panterra and one share purchase warrant entitling the holder to purchase one common share of Panterra for a period of one year at a price of $0.40. If the reverse takeover is not approved then each Special Warrant will be exercisable into securities of Neodym.
Panterra and Neodym intend to use the proceeds of this financing to complete beta testing of Neodym's patent pending CertAir™ gas detection system, expand marketing of Neodym's new Knowz™ Detector and to develop new patentable products. Panterra and Neodym have been advised by the Exchange that the expenditure of the proceeds from this non-recourse financing will allow Neodym to meet the prior expenditure minimum listing requirement.
Neodym has developed innovative patent pending gas detection systems for the commercial, industrial and residential markets. Neodym's flammable gas detection systems incorporate fixed and portable capabilities as well as distributed USB plug and play connectivity for convenience and Internet access. To satisfy demand for automated sensing, Neodym engineers are developing other web accessible and distributed sensing devices.
On behalf of Panterra Minerals Inc. "Richard Hughes"- Chairman On behalf of Neodym Systems Inc. "Juraj Krajci"-President
The company relies on litigation protection for "forward-looking" statements. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Panterra reverse takeover by Neodym on track
Monday April 17, 2000
(via Canada Stockwatch
) - Mr. Richard Hughes
reports:
The reverse takeover by Neodym Systems Inc. which was overwhelmingly approved by the shareholders of Panterra Minerals in January of this year remains on track. The completion of this transaction is subject to the approval of the Canadian Venture Exchange, and the company has been assured that they are actively reviewing this transaction. Panterra is in regular contact with the Canadian Venture Exchange, and will release further information as this becomes available.
Neodym Systems is pleased to introduce a new line of gas detector products -- The Knowz™ Detector. Knowz™ is an affordable AC/DC powered electronic gas monitor suitable for detecting the presence of a wide variety of combustible gases and vapours. Knowz™ is designed to monitor the safe operation of home gas appliances, the accumulation of dangerous gases in boat bilges, and detection of fuel leaks in recreational vehicles, It can also be used to warn of ruptured gas mains in the event of a natural disaster. The Knowz™ Detector improves upon Neodym's popular GasAlert line and is designed to meet the emerging demand in South America, Asia and the Middle East for combustible gas monitors.
Juraj Krajci, president of Neodym Systems, stated: "We are very pleased to introduce this state-of-the-art, next-generation gas detector. Knowz™ is an excellent complement to our existing products and is already receiving favorable market response. The rapid development of Knowz™ is a credit to the capabilities of our product engineering team."
In related news, the development of CertAir™ -- Neodym's networkable, combination fixed and portable gas detection systems -- continues as planned with beta trials expected to commence soon.
Neodym has developed innovative patent pending gas detection systems for the commercial, industrial and residential markets. Neodym's flammable gas detection systems incorporate fixed and portable capabilities as well as distributed USB plug-and-play connectivity for convenience and Internet access. To satisfy demand for automated sensing, Neodym engineers are developing other Web-accessible anddistributed sensing devices.
Shareholders approve reverse takeover
February 2, 2000
(via SEDAR
) - Mr. Richard Hughes
reports:
Panterra Minerals Inc. (the "Company") held an Extraordinary and Annual General Meeting on January 31, 2000 for shareholders to vote on the terms of a proposed Reverse Takeover/Change of Business outlined in an Information Circular mailed to shareholders. At the meeting shareholders approved the following:
1. a share consolidation of one new common share for every four old common shares issued and outstanding such that on a post-consolidated basis 1,974,697 shares will be issued and outstanding;
2. the acquisition of all the shares of Neodym Systems Inc. in consideration of 1,000,000 post-consolidated shares of the Company at a deemed price of $0.25 per share;
3. the issuance of 2,000,000 performance shares;
4. a private placement of 1,261,600 Special Warrants at a price of $0.25. Each Special Warrant is exercisable into one unit consisting of one common share and one share purchase warrant entitling the holder to purchase one common share for a period of one year at a price of $0.40;
5. Juraj Krajci, David Dunnison, Dennis Fong and Richard Hughes were elected to the Board of Directors of the Company; and
6. a name change to Neodym Technologies Inc.
In connection with the Reverse Takeover/Change of Business Geopel McDermid has agreed to act as the Company’s sponsor. Geopel McDermid will receive a sponsorship fee of $15,000 plus reasonable expenses. Goepel McDermid will also receive a 10% commission and 25% broker’s warrants for acting as agent with respect to the financing. The transaction is subject to the approval of the Canadian Venture Exchange.
For the ensuing year Mr. Juraj Krajci was appointed President of the Company, Mr. Richard Hughes was appointed Chairman of the Board and Mr. Stephen Pearce was re-appointed as Corporate Secretary of the Company.
Neodym is in the gas detection equipment business. Neodym manages all aspects of its business including product research, design, development, production engineering, manufacturing and sale of electronic gas detection equipment. Distribution of Neodym’s products has been primarily conducted through factory-direct e-commerce sales over the internet. A valuation completed by Evans & Evans Inc. for the shareholders of the Company concluded that the fair market value of Neodym is in the range of CDN$250,000 to CDN$320,000, subject to certain assumptions and conditions. Shareholders can obtain a complete copy of the Valuation from the Company.
Private placement
December 17, 1999
(via Canada Stockwatch
) - Mr. Richard Hughes
reports:
The Canadian Venture Exchange has accepted for filing a non-brokered private placement of:
No. of shares: 200,000 Price: 15 cents Warrants: For 200,000 shares Wt exercise price: 15 cents in year one; 20 cents in year two Placees: Richard W. Hughes 100,000; and Juraj (Yuri) Krajci 100,000
Neodym nominees appointed to board of Panterra Minerals Inc.
October 28, 1999
(via SEDAR
) - Mr. Richard Hughes
reports:
Symbol: PNA - VSE #03-99
The Company announced on September 16 that it has entered into a letter of intent to acquire Neodym Systems Inc. The transaction represents a Reverse Takeover and change of business as defined by the Vancouver Stock Exchange. Neodym is in the gas detection equipment business. Neodym conducts product research, design, development, production engineering, manufacturing and sale of electronic gas detection equipment. Distribution of Neodym’s products has been primarily conducted through factory-direct e-commerce sales over the internet.
In order to facilitate the transaction the President of Neodym, Juraj Krajci, has been asked to join the Board of Directors of the Company and act as Chief Executive Officer and Chief Technical Officer. Mr. Krajci is an entrepreneur who brings to the Company experience and a record of success in the areas of product invention, engineering management, production management, production engineering, software development and electronic hardware design. Mr. Krajci was instrumental in the conception and development of products in the telecommunications and data communications industries for Icon Systems Inc. and was co-founder of AimGlobal Technologies (formerly Aim Safety Company Inc.), an international company that produces industrial and residential gas detection equipment and that provides electronic contract manufacturing services.
In addition, David Dunnison has been asked to join the Board of Directors of the Company following the resignation of Darcy Hughes. Mr. Dunnison has a proven track record in marketing and business development and has successfully led several companies into new business ventures. Mr. Dunnison currently serves as Vice President of Business Development for Icron Systems Inc. >From 1994 through to 1997, Mr. Dunnison worked with Ballard Power Systems, Inc. and was instrumental in the establishment of its stationary power business and the creation of several strategic funding partnerships. Prior to joining Ballard, Mr.Dunnison was involved in product development at Teradyne, Inc., a leading supplier of automatic test equipment and software for the semiconductor and circuit board manufacturing industries. Mr. Dunnison has two bachelor degrees from the University of British Columbia and an MBA from Harvard University Graduate School of Business.
Stephen Pearce, a lawyer specializing in corporate and securities law and Corporate Counsel for the Company for the past two years, will serve as Secretary.
On behalf of the Board of Directors, PANTERRA MINERALS INC. "Richard W. Hughes" President
The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Mr. Robert Zanatta joins Neodym’s Technical Advisory Board
September 27, 1999
(via Canadian Corporate News
) - Mr. Juraj Krajci
reports:
VANCOUVER, BRITISH COLUMBIA--Neodym Systems is pleased to welcome Mr. Robert Zanatta to the company's Technical Advisory Board.
Mr. Zanatta brings with him an impressive record of success spanning 16 years in the software development industry. Mr. Zanatta has held senior engineering positions at Microsoft, TRW Data Systems, Bell Technical Services and NBI Inc., as well as a two-year contract with IBM. He is presently acting as Senior Development Manager for Absolute Software - the creators of CompuTrace.
Mr. Zanatta's five years of software engineering experience at Microsoft have provided him with a firm understanding of the software development and release process. He possesses strong skills in high and low level Windows programming and especially in the area of Internet Protocol (TCP/IP), Internet technologies, asynchronous communications and mission critical systems.
Neodym Systems looks forward to benefiting from Mr. Zanatta's wide-ranging expertise in developing communications protocols, drivers, and Windows application programs for the company's patent-pending CertAir(TM) USB networked gas detection systems with internet-access ability.
Letter Of Intent Re: Reverse Takeover Of Panetrra Minerals Inc.
September 16, 1999
(via SEDAR
) - Mr. Richard Hughes
reports:
Symbol: PNA - VSE #02-99
Panterra Minerals Inc. (the "Company") is pleased to announce that is has entered into a letter of intent to acquire Neodym Systems Inc. ("Neodym"). The terms of the agreement require the Company to issue those number of shares equal to 100% of the issued shares of the Company outstanding at the close of the transaction. The transaction will be subject to shareholder approval and regulatory approval. The shares will be issued in accordance with the escrow requirements as required by the Vancouver Stock Exchange (the "VSE").
The transaction represents a Reverse Takeover and change of business as defined by the VSE. The Company will divest itself of all its mineral exploration properties in order to focus on the business of Neodym.
Neodym is in the gas detection equipment business. Neodym manages all aspects of its business including product research, design, development, production engineering, manufacturing and sale of electronic gas detection equipment. Distribution of Neodym’s products has been primarily conducted through factory-direct e-commerce sales over the internet.
Neodym has identified an opportunity to fill a large, vacant niche in the gas detection business. Existing gas detection systems are classified as either fixed or portable systems. Often, both systems are required to detect and then pinpoint a gas leak. To Neodym’s knowledge, no product has been offered which addresses the need for a combined fixed and portable system. Neodym has invented CertairTM, a powerful combination system that incorporates an inexpensive and easy to use mechanism which can connect to any personal computer system.
Neodym’s key employees have extensive experience in the gas detection industry. Neodym itself has focused its efforts in the lower margin, highly competitive consumer side of the industry. Based on this experience, management of Neodym believes it can bring value-added products to market at a resale price that would be competitive with systems which are either fixed or portable only.
The incorporation of a Universal Serial Bus (USB) interface is the enabling technology which should allow Neodym’s CertairTM products to compete favourably with existing products. USB is the new PC industry connectivity standard. Neodym, through the skill-set and experience of Mr. Juraj Krajci, has access to USB know-how and expertise. Mr. Krajci is the inventor of record on two patent applications involving USB technology.
USB is replacing the serial and parallel interfaces on personal computers (whether notebook, IBM/Intel or Apple). It allows true plug & play device connections, and it is fast and inexpensive. Computers have been shipping with USB-capable motherboards since 1996, and in a bold move, Apple adopted USB as the sole peripherals interface on its new iMac. The benefits of USB have device manufacturers scrambling to bring USB-capable equipment such as cameras,scanners, microphones, speakers, modems, etc. into this fast-growing market. USB equipped scanners, keyboards, joysticks and videoconferencing cameras are now the number one sellers in their respective product categories.
To Neodym’s knowledge no one has introduced a USB-compatible gas leak detector to date. Neodym has already moved to secure its industry proprietary technology through its application to the U.S. Patent Office for protection of the CertairTM product concept on August 20, 1999.
The Company is committed to maintaining value to shareholders and as such is currently in the process of completing a valuation of Neodym. The findings of the report shall be reported to shareholders in a timely manner.
To ensure the greatest quality and value to both our investors and customers we shall build a team whose expertise spans finance, business development, sales and technical innovations. We will continue to strengthen this team to build a world class organization. In order to facilitate the transaction Mr. Juraj Krajci has been asked to serve as Corporate Secretary for the Company. His extensive experience in the telecommunications and gas detection industry will be a benefit to the Company in the development of new products. Management of the Company looks forward to working with Mr. Krajci in building shareholder value.
On behalf of Panterra Minerals Inc. "Richard W. Hughes" - President On behalf of Neodym Systems Inc. "Juraj Krajci" - President
Certain statements in this News Release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 including, without limitation, statements concerning the anticipated benefits of the Company’s agreement with Neodym. The technology of Neodym involves risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include uncertainties in the ability of the Company to successfully complete the acquisition of Neodym; the ability of Neodym to successfully design, develop and deliver any product; the ability of Neodym to successfully integrate and maintain compatibility with USB technology; and the ability of Neodym to successfully identify marketing and business opportunities for the products, systems and services of Neodym. There can be no assurance that Neodym will achieve commercial success.
The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
U.S. patent filed for USB gas detection system
August 24, 1999
(via Canadian Corporate News
) - Mr. Juraj Krajci
reports:
VANCOUVER, BRITISH COLUMBIA--Neodym Systems is pleased to announce that a patent application titled "GAS DETECTION SYSTEM AND METHOD" has been accepted for filing on August 20, 1999 by the U.S. Patent Office. This patent application covers Neodym's invention of a combination fixed/portable detection system for airborne materials such as toxic, explosive, bio-hazardous and radioactive gases.
The detection system can be networked over a wide area and controlled by a regular personal computer using the new USB (Universal Serial Bus) standard. Remote sensing heads are detachable from their fixed communications pods and can be used to perform portable pin-point detection and data-logging under their own power. Data collected by the remote heads can be uploaded to the central PC controller and can be monitored remotely using modems, the Internet, etc.
Neodym believes that the incorporation of a USB interface will provide a wide market appeal as this system can be easily connected to any standard PC.
Neodym Systems Inc. Acquires Shares in Panterra Minerals Inc.
August 12, 1999
(via Canadian Corporate News
) - Mr. Juraj Krajci
reports:
COQUITLAM, BRITISH COLUMBIA--This press release is issued by Neodym Systems Inc. ("NSI") pursuant to Section 111 of the Securities Act (British Columbia). NSI has acquired 1,440,000 common shares (the "Shares") of Panterra Minerals Inc. ("PMI"). The Shares represent 18.7 percent of the issued and outstanding common shares of PMI.
The acquisition of the Shares was undertaken by way of purchases on the Vancouver Stock Exchange. The Shares were acquired for investment purposes.
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