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EarthLabs Inc. (SPOFF) is a leading mineral exploration technology and investment company that recently acquired major mining media outlets, including The Northern Miner, Canadian Mining Journal, and MINING.COM. The acquisition enhances EarthLabs' SaaS offerings, aligning with CEO.CA and DigiGeoData to offer subscribers access to mining news, community discussions, data analytics, and enriched event experiences. EarthLabs aims to revolutionize the mining industry by combining quality journalism with wide-reaching platforms to boost advertising and recurring revenues while maintaining the integrity of the acquired media brands. With TNM Group's enhanced subscription products like TNM News + Markets and TNM Marco Polo, EarthLabs adds its AI, data visualization, and real-time analytics expertise to develop new value-add products and services. EarthLabs, listed on the TSXV, OTCQX, and FSE, is a global leader in mining media, providing tools for news, market insights, and specialized intelligence.
EarthLabs Inc. (TSXV: SPOT) (OTCQX: SPOFF) has provided an update on its global media portfolio. The Northern Miner Group, comprising The Northern Miner, MINING.COM, and Canadian Mining Journal, reaches 674,000+ monthly users with 1,480,000+ monthly pageviews. MINING.COM saw a 92% increase in site traffic compared to last August, while NorthernMiner.com experienced 50% year-over-year growth.
The company is launching The Mining & Metals Brief, a weekly e-digest, in mid-October. EarthLabs also introduced EarthLabs Expeditions, a reality documentary series about the junior mining industry. CEO.CA, a popular financial website, offers CEO.CA PRO, a premium service with advanced trading tools.
EarthLabs has expanded its digital presence, now delivering content to over 615,000 social media followers and millions of web users. The company recently acquired additional social media accounts in the Canadian and global finance sectors, issuing 243,902 common shares at $0.205 per share for a total value of $50,000.
EarthLabs Inc. has released Episode 2 of EarthLabs Expeditions, an innovative reality documentary series focusing on the junior mining and exploration industry. This episode features Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF), showcasing their Moss Gold Project in Thunder Bay, Ontario. The series, hosted by Jonathan Brazeau, offers an unscripted, behind-the-scenes look at mineral exploration projects.
Goldshore Resources is advancing a large-scale gold project in a tier-one jurisdiction with excellent infrastructure. The company is backed by strategic investors and is progressing with exploration, permitting, PEA, and environmental studies as global gold demand rises and prices reach new highs.
EarthLabs Expeditions is to 10 episodes per year, highlighting companies with significant discoveries and compelling stories. The series aims to provide a raw, authentic view of the junior mining industry beyond typical corporate presentations.
EarthLabs Inc. (TSXV: SPOT) has launched EarthLabs Expeditions, an innovative documentary series focusing on junior mining and exploration. The series, to 10 Expeditions per year, aims to provide an unfiltered look at significant discoveries and impactful projects in the industry. Hosted by Jonathan Brazeau, it offers a raw, real-world perspective on the challenges and dedication within the sector.
The inaugural episode features Surge Battery Metals (TSXV: NILI) (OTCQX: NILIF), showcasing their Nevada North Lithium Project. This project is important for securing the domestic lithium supply chain, essential for powering electric vehicles and sustainable energy solutions. The episode is now available on YouTube, with the series also accessible through Twitter and CEO.CA platforms.
EarthLabs Inc. (TSXV: SPOT) (OTCQX: SPOFF) reported strong financial results for Q2 2024. Highlights include:
- 1,119.9% increase in total revenue compared to Q2 2023
- 384.3% increase in advertising revenue to $1,444,784
- 41.3% increase in subscription revenue to $300,734
- Total cash, equivalents, and investments of $44,373,956
For the six-month period, advertising revenue grew 162.7% to $2,860,470, while subscription revenue increased 39.6% to $604,607. Despite these gains, the company reported a net loss of $1,962,457 for Q2 and $356,571 for the six-month period. CEO Denis Laviolette emphasized the company's growth trajectory and strategic initiatives in the commodities sector.
DigiGeoData Inc. and The Northern Miner, subsidiaries of EarthLabs Inc. (TSXV: SPOT) (OTCQX: SPOFF), have launched a new, free online mapping interface. This digital tool enhances traditional mining paper maps with advanced features, providing comprehensive global data on over 17,000 assets and properties worldwide. The interface includes:
- Information on all company types, from private to publicly listed
- Global assets ranging from exploration to production
- Exploration activity areas tagged by DigiGeoData
- Direct links to company property pages
- Coverage of major/minor metals, precious metals, energy, rare earths, and industrial minerals
- Extensive claim data for regions in Canada, Australia, Western USA, and South America
While the basic interface is free, premium sponsorship opportunities are available for companies to enhance their property listings and increase visibility to potential investors.
EarthLabs (TSXV: SPOT, OTCQX: SPOFF) reported a 12.7% increase in total revenue for Q1 2024 compared to Q1 2023. Advertising revenue surged by 79.1%, while subscription revenue rose by 38%. The company experienced net investment gains of $3.1M, ending the quarter with total cash, cash equivalents, and investments of $44.9M. However, net income and comprehensive income decreased to $1.6M from $2.3M in Q1 2023, with EPS dropping to $0.01 from $0.02. Operating, general, and administrative expenses also increased significantly.
CEO Denis Laviolette highlighted the company's resilience and growth in the commodities sector. He emphasized EarthLabs' focus on strategic acquisitions and technology investments to capitalize on the global commodities market surge.
EarthLabs Inc. (TSXV: SPOT) announces financial results for Q4 and FY 2024, ending with $42.9M in cash, acquisitions of major mining media brands, and strategic growth in investment portfolios. Despite challenges, the company shows tactical growth, shrewd acquisitions, and aims to revolutionize the mining media industry. The acquisition of The Northern Miner, MINING.COM, and Canadian Mining Journal enhances EarthLabs' global presence and creates a comprehensive tech-media empire.
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