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

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

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

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

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

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

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

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

About The Coretec Group

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

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

For more information, please visit thecoretecgroup.com.

Follow The Coretec Group on:

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

Forward-Looking Statements

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

Corporate Contact:

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

Media Contact:

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

GlobeNewswire Distribution ID 8845674

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

Access Accelerated and Partners Unveil Findings From Six-Year Report

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

 

Access Accelerated
Access Accelerated logo

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

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

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

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

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

Visit www.accessaccelerated.org to download the report.

About Access Accelerated

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

Contact Information

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

SOURCE: Access Accelerated

JAPAN WON’T JOIN NATO, BUT LOCAL OFFICE CONSIDERED, PM KISHIDA SAYS

Japanese Prime Minister Fumio Kishida on Wednesday said the country had no plans to become a NATO member but acknowledged the security alliance’s plan to open a liaison office in Japan.

Kishida’s comments came after the Japanese ambassador to the United States earlier this month said that the U.S.-led military pact was planning a Tokyo office, the first in Asia, to facilitate consultations in the region.

“I am not aware of any decision made” at NATO regarding the establishment of the office, Kishida told a Wednesday parliament session, adding his country was not planning to join NATO as a member or semi-member state.

Source: National News Agency – Lebanon

JOINT STATEMENT BY RC/HC, UNHCR REPRESENTATIVE, AND WFP COUNTRY DIRECTOR ON THE RETURN TO DISBURSEMENT OF CASH ASSISTANCE IN DUAL CURRENCY

Following close consultations with relevant counterparts, government stakeholders and the Central Bank in recent months, the United Nations and partners have now returned to the previous modality of disbursing cash assistance to refugees in dual currency.

Given the operational challenges including the rapid depreciation of the local currency, increased fluctuations of the exchange rate, and the strain on the financial provider in supplying large volumes of cash in Lebanese Pounds, it has become impossible for the United Nations and partners to continue to disburse cash assistance only in Lebanese Pounds.

By the end of 2022, most assistance programmes in the country, including the Government’s National Poverty Targeting Programme supporting vulnerable Lebanese people, had shifted to USD or dual currency, allowing recipients to redeem their cash assistance either in USD or LBP. Dual currency payments for refugees are thus in line with this general approach.

Cash-based interventions are used to provide protection, assistance, and services to the most vulnerable people across Lebanon. It helps Lebanese and refugees meet a variety of basic needs and contributes to the local economy by purchasing directly from local markets and shops. Cash assistance provided to vulnerable people across the country has always been based on assessments of needs that take into account the socio-economic realities and coping mechanisms.

Source: National News Agency – Lebanon

JORDAN, PALESTINE CALL FOR EXTRAORDINARY OIC MEETING ON AL-AQSA ATTACKS

Wednesday, the General Secretariat of the Organization of Islamic Cooperation (OIC) will hold at its headquarters in Jeddah, Saudi Arabia, the Extraordinary meeting of the open-ended Executive Committee at the level of the Permanent Representatives. This comes to ‘discuss the continuous Israeli attacks on the blessed Al-Aqsa Mosque.’

The meeting came at the invitation of the Hashemite Kingdom of Jordan and the State of Palestine.

Sunday morning, Itamar Ben-Gvir, Minister of National Security in the Israeli Occupation, stormed the courtyards of Al-Aqsa Mosque.

He said in a brief statement that the occupation is the sovereign over Al-Aqsa and not any other party.

It is worth noting that Ben-Gvir had previously stormed Al-Aqsa Mosque in January 2023.

Following the storming of Al-Aqsa Mosque by Ben-Gvir, Jordan’s Ministry of Foreign Affairs and Expatriates expressed its strong condemnation of the storming of Al-Aqsa Mosque by Itamar Ben-Gvir.

Sinan Al-Majali, the official spokesperson for the ministry, characterized this action as a “provocative, dangerous, and unacceptable escalation.”

The ministry reiterated that the entire 144 dunums of Al-Aqsa Mosque are a pure place of worship for Muslims and that the Jerusalem Waqf Department, affiliated to the Jordanian Ministry of Awqaf and Islamic Affairs and Holy Sites, is the only authority entitled, with exclusive jurisdiction, to manage the mosque’s affairs and access to it.

Source: National News Agency – Lebanon

GEAGEA MEETS UNHCR’S FREIJSEN, SAYS REFUGEE CRISIS CROSSED LIMITS OF HUMANITY

‘Lebanese Forces’ party leader, Samir Geagea, on Wednesday welcomed at his Maarab residence the United Nations High Commissioner for Refugees (UNHCR) Representative in Lebanon, Ivo Freijsen, with whom he discussed the most recent developments, especially the Syrian refugee dossier.

“Lebanon and the Lebanese have shown the highest levels of humanity since the beginning of the Syrian crisis,’ Geagea said, explaining that “the refugee crisis has crossed the limits of humanity and can no longer be resolved through donations. It has become necessary to address it seriously in order to avoid its exacerbation, since easing of the tension we’re witnessing today begins with quick and practical steps.’

Source: National News Agency – Lebanon

India’s G20 Presidency.. challenges and opportunities

Indian leadership has often projected New Delhi’s G20 Presidency as an opportunity for playing an important role in global affairs, but it has challenges to handle as the global political landscape is full of political, economic, security and geopolitical uncertainties.

Comprising 19 countries including Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkiye, the US, the UK and the European Union, the G20 is considered to be the most important global forum that is capable of addressing several key issues especially the economic and financial ones. Hence the presidency of the body is of paramount importance to any country.

India has so far held more than 100 meetings in the framework of G20 bringing together leaders of the most powerful countries on the planet and New Delhi invited several African and Asian countries to the meetings as guests to showcase that its ?‘One Earth. One Family. One Future?’ a pragmatic and realistic approach.

G20 member countries have substantial stake and at times direct role in triggering global issues whether they are in the economic, health, security arenas.

When India assumed the G20 leadership in December 2022, some of the most important crises including the Ukraine war, economic recovery from the Covid-19 pandemic, climate change issues arising from the new and emerging technologies were at their peak.

India has to deal with China, also a G20 member, and its politics in the border areas. Tension between India and China has aggravated recently over renaming of several places in Arunachal Pradesh and due to objections raised by the Chinese authorities over the visit of Indian officials to the border areas of the Himalayan state.

Another important challenge India faces is on striking a balance in the Indo-Pacific. The QUAD featuring India, Australia, Japan and the US has been subject of controversy as China objected to the alliance and their military exercises alleging that the US is encircling China and trying to contain it with the support of the states in the neighbourhood.

However, New Delhi maintained that the alliance is meant to keep the Indo-Pacific free, prosperous and secure. Chinese increasing economic activities in the South China Sea have also been a major Indian concern.

The G20 Foreign Ministers meeting in March 2023 in New Delhi witnessed exchange of heated words between the US and Russian foreign ministers and also some of the western countries demanded Russia to stop the aggression immediately.

The Russian FM even accused the western powers of misusing G20 platform to push their political agenda unlike earlier meetings which focused mainly on economic and financial issues of global import.

However, as the war in Ukraine has impacted supply chains, energy, supply of essential goods and fertilisers, and strained the global economy, the issue came up for discussion during the G20 Foreign Ministers meets.

India’s challenge in this connection lies in its ability to bring together all the opposing sides to the table and find a lasting solution to the larger geo-political and security issues that triggered the Russian invasion of Ukraine. So far India succeeded in presenting a narrative that is in line with its erstwhile non-alignment policy when it comes to international conflicts.

India has so far distanced from condemning Russia for its war against Ukraine despite pressure from many western countries. Instead, New Delhi reaffirmed its strong affinity with Moscow through mutual exchange of high level visits and holding high profile meetings that also saw promises of deeper defence, economic and investment ties utterly disregarding the fears and feelings of betrayal in western capitals.

Apart from the direct impact and the humanitarian concerns arising out of the ongoing war in Ukraine Indian G20 Presidency has to deal with the uncertainties over food and energy security.

There is a looming uncertainty over the return of COVID pandemic with India itself showing massive increase in the number of infections and deaths. India still have fresh memories of being caught unaware during the second wave of COVID-19 forcing it to appeal for global support as its health facilities failed to accommodate huge numbers of COVID infections and resulted in huge casualties though it was in the forefront of producing and exporting vaccines to other countries.

Apart from the health problems posed by the pandemic, the entire world is gripped with fear and is staring at an imminent economic downturn that is looming large on the horizon.

India is increasingly and aggressively using its G20 Presidency to showcase Indian diversity and opted different cities across the country to host various meetings crossing 100 mark. India is trying to project itself as a powerful player on the global scene and adopted – One Earth. One Family. One Future – as its presidency theme.

India has voiced and earnestly advocated the Voice of Global South and asserted that India will be the voice of voiceless and promised to represent the Global South in the decision making process on important global challenges including climate change, Sustainable Development Goals, pandemic, trade and investment barriers among other things.

During the Ministerial meetings, India was able to conclude substantive outcome documents including one to set up an expert group on Multilateral Development Bank reforms and debt treatment, multilateral reforms, development cooperation, food and energy security, counter-terrorism, new and emerging threats, global skill mapping and disaster risk reduction.

This is crucial given the fact that the G20 members with two-thirds of the world population, contribute about 85 percent of the global GDP and around 75 percent of the global trade, and about two-thirds of the world population.

During its presidency, India hosted Voice of Global South Summit – 2023 which served as a platform to discuss energy security and development and sought ways of achieving affordable, accessible and sustainable energy security for the developing world.

It also took up political, economic, social, environmental, cultural, and technical issues concerning the Global South. Concerns of third world countries over the food, fuel and fertilizer were addressed and New Delhi promised to share its experiences, best practices and cutting edge technology in the field of biofuels, hydrogen and solar to ensure energy security and shared development goals.

To conclude, India is facing several challenges in addressing economic issues, challenges in the health sector especially when COVID-19 is still looming large in the horizon.

India?’s ambitious policy proposals in the energy sector and renewable energy are hard to achieve. Reducing the digital divide in the south and north cannot be bridged easily. Reforming multilateral forums and forcing the global economic institutions including the World Trade Organisation or the World Bank is easier said than said given the stake and leverage of developed world on such institutions.

Sustainable Developmental Goals cannot be achieved without a stable, secure and mutually respecting world order. Trade and investment can be pushed forward through collaborative efforts but still bottlenecks are rampant.

India?’s efforts to push agricultural reforms, foster closer cultural ties and helping start-ups, businesses, women-led development, and anti-corruption crusade will have to be seasoned with the current realities that constrain such moves.

Source: Kuwait News Agency

Seoul to host int’l anti-proliferation meeting, naval drill

South Korea will host a high-level meeting of countries committed to preventing the trafficking of weapons of mass destruction (WMD) for the first time next week, Yonhap News Agency reported Wednesday, citing the Foreign Ministry.

Amid heightened tensions over North Korea’s weapons testing, the high-level forum of the Proliferation Security Initiative will be held next Tuesday on the country’s southern island of Jeju, followed by the Eastern Endeavor 23 exercise in an effort to strengthen capabilities to counter WMD proliferation, the report said.

Delegates from over 70 countries will participate in the meeting, including the US.

The exercise will involve WMD counter-proliferation activities, including maritime interception and seizure operations, it said, adding that the US, Australia, Japan, Canada and Singapore will join the exercise led by the South Korean Navy’s Maritime Task Flotilla Seven.

The participating countries will mobilize a total of seven vessels and six aircraft, and they plan to form a “multinational coordination center” for cooperation in the sharing of information and other maritime procedures.

The Proliferation Security Initiative was launched in 2003 under the George W. Bush administration to stop the trafficking of WMDs, their delivery systems, and related materials.

The US nitiated initiative’s exercises in Asia-Pacific in 2014, and participating countries have hosted their own exercises. Last year, the US hosted the five-day Fortune Guard 22 in Honolulu in September, which brought together 21 countries, including South Korea.

Source: Kuwait News Agency