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January 2, 2025

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There are a number of effective swing trading systems being used today. Let’s explore one that is popular among Wyckoffians. It uses two inputs: Point and Figure charts and volume. Let’s review this system with a case study of Charles Schwab Corp. (SCHW).

As markets are fractal, Accumulation and Distribution structures form in daily, weekly and monthly timeframes. Swing trading structures typically form on daily charts that can be identified with 1-box Point & Figure charts and daily vertical bar charts.

Charles Schwab Corp. forms a Swing Trading Accumulation structure between July and October. In July climactic selling (SC) volume ends the decline, and an Automatic Rally (AR) sets the support and resistance of a range-bound condition to follow. Subsequent volume on rallies and reactions tells the tale of latent Accumulation. This chart is rich with Wyckoffian principles, and it has been marked up for your study and evaluation. Let’s turn our attention to the PnF chart to demonstrate how much useful information is present for Swing Trading.

Charles Schwab Corp. (SCHW) Vertical Chart Study

Swing PnF Case Study

Charles Schwab Corp. Swing Trading Case Study. 1-Box PnF

A 1-box PnF chart, properly constructed, will characterize the essential elements of the vertical chart. Note how the PnF strips out much of the noise and highlights the critical chart features. I often hear that traders find volume easier to read and interpret on the PnF chart therefore it is suggested that all PnF charts be plotted with volume. A key feature of PnF charts is the estimation of the price objective determined by the size and structure of the Accumulation. There is no other technique for estimating price objectives as effectively as horizontal PnF counting. PnF is a centuries old, tried and true approach to evaluating and trading financial instruments.

For swing trading purposes, a 1-box reversal PnF is generated using ‘Traditional Scaling’. The up and down swings are clearly revealed with this method. With 1-box PnF the horizontal structure is well defined and the volume patterns are illuminating.

Chart Notes:

  • Selling Climax (SC) exceeds the Distribution count and finds support at $61. An Automatic Rally (AR) immediately follows and demonstrates emerging demand. A Secondary Test (ST) back to $61, which holds, and confirms this level to be the Composite Operator’s ‘Value Zone’. Volume declines on each reaction back to $61 ST level (support).
  • Volume expands on each rally (column of X’s) as the Accumulation matures to conclusion. Lower volume on declines and higher volume on the rally columns reveal that supply is diminishing and absorption has occurred. Higher volume on the rising columns is evidence of new demand by institutions. Accumulation is nearly complete.
  • The pullback to the LPS / BU (see vertical chart) produces a higher low. The turn off that low can be bought with a stop below support. The next entry level is the jump above $65 resistance with a stop below the LPS.
  • The price objective generated by the horizontal Accumulation is estimated by the PnF. There are 17 columns of count producing $17 of upside price objective (17 columns x $1-scale x 1-point reversal = $17). The percent potential of this swing trade is $17 from the $64 count line ($17/$64 = 26.6%). The price objective range is estimated by adding $17 to the $61 low of the Accumulation and the $64 count line. Producing a count range of $78 / $81.
  • The Buying Climax is reached at $82. Thereafter $83 is resistance and a Swing Distribution forms in this price zone. When the Swing PnF count objective is attained, profits are taken. In this example the local Buying Climax surge produces an ideal selling zone.

Campaign PnF Case Study

Charles Schwab Corp. Campaign PnF Case Study. 3-Box Method

Stepping out to the larger timeframe is essential. Please study this 3-box reversal PnF. It reaches back into 2022. A Campaign PnF Count Accumulation has potential objectives of up to $101 / $105. Also, the prior high is $83 which happens to be in the area of the Swing PnF price objective and natural resistance. Be on the alert for the generation of a new Swing PnF count structure in the months ahead. Often these Swing counts will coincide with the higher Campaign PnF counts. We will be watching.

All the Best,

Bruce

@rdwyckoff

A Very Happy and Prosperous 2025 to You and Yours!

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. 

Announcement

Wyckoff Analytics will launch the Spring Semester of their legendary Wyckoff Trading Courses (WTC). The first session of WTC-1 is Complimentary (Click Here to Register for the Free Session). To learn more about these courses and other offerings Click Here.

The Santa Claus Rally may be iffy, but a 23.31% gain in the S&P 500 ($SPX) for the year isn’t too shabby. It was a stellar year in the stock market, especially for the top 10 weighted stocks in the S&P 500, and that’s worth making a toast as we close out 2024.

In terms of the performance of S&P 500 stocks, Palantir Technologies (PLTR), Vistra Corp (VST), and NVIDIA (NVDA) took the top 3 spots. But performance is just one measure, and there are several other benchmarks. One that’s worth considering is strength, and, as the year winds down, let’s look at which S&P 500 stocks ended the year as the technically strongest ones.

In the Sample Scan Library, if you run the S&P 500 Stocks under Predefined Groups and sort the results by the StockCharts Technical Rank (SCTR, pronounced S-C-O-O-T-E-R) from highest to lowest, PLTR takes the crown, followed by United Airlines Holdings Inc. (UAL) and then Tesla Inc. (TSLA). Let’s look at each of these stocks more closely.

PLTR Stock’s Ride to the Top

When PLTR’s stock went public in 2020, it was volatile — there was a lot of chatter about the stock in the media. But in 2022, the stock went through a slump. In 2023, it started showing signs of resurfacing, gaining strength, getting clobbered, and reviving itself before making its way to the top of the performance and strength category.

The daily chart below shows that PLTR’s stock price has had a SCTR score above 76 since early June 2024. During that time, the stock price stayed above its 50-day simple moving average (SMA), except for in August when it dipped below it for two trading days.

FIGURE 1. PLTR STOCK ENDED THE YEAR WITH THE HIGHEST SCTR SCORE. The stock has been in an uptrend since mid-2024.Chart source: StockCharts.com. For educational purposes.

PLTR stock was up 340.59% for the year and ended the year with a SCTR score of 99.7.

UAL Stock Takes Off

Airline stocks, in general, were hit hard by COVID-19, and the recovery has been slow. However, the resumption of travel by US consumers in 2024 helped many airline stocks, especially UAL.

After trading relatively sideways from 2020 to mid-2024, UAL’s stock price started a steep ascent in mid-September 2024. It crossed above its 50-day SMA and has remained above it for the year, hitting its altitude and now cruising at that level with some turbulence (see daily chart of UAL).

FIGURE 2. DAILY CHART OF UAL STOCK PRICE. Since September 2024, UAL has ascended steeply and hit cruising altitude.Chart source: StockCharts.com. For educational purposes.

 The SCTR score has remained above 76 since September 16. UAL stock gained 134.34% in 2024 and ended the year with a SCTR score of 99.1.

TSLA Stock’s Wild Ride

TSLA is a stock that has been front and center in investors’ minds and is one of the most actively traded stocks in the S&P 500. The price gained traction towards the end of 2019 and, even though it had a rough 2022 and a pretty choppy 2023, TSLA’s stock has shown its might towards the second half of 2024 (see daily chart of TSLA).

FIGURE 3. TSLA STOCK’S A LITTLE CHOPPY. Although it has had its ups and downs, the stock rallied during the last quarter of the year.Chart source: StockCharts.com. For educational purposes.

Since the end of October, TSLA’s SCTR score has remained above 76 and the stock price has remained above its 50-day SMA. TSLA’s stock price gained 62.52% in 2024 and ended the year with a 98.4 SCTR score.

The Bottom Line

Will these three stocks — PLTR, TSLA, and UAL — remain strong in 2025? Be sure to add them to your ChartLists so you can keep an eye on their performance.

If the SCTR score remains high, consider adding positions when price pulls back and reverses with a follow-through. If the stocks show signs of weakening, it’s time to reevaluate. Identify which stocks are taking their place, analyze each one, and determine if adding the strong ones can add muscle to your portfolio.

Scanning for S&P 500 stocks with high SCTR scores is relatively simple to do in StockCharts. There are many other scans to explore in the Sample Scan Library. The nice thing is the scans are already built for you — coding skills are not necessary! It’s something to consider for 2025.


Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

Sona Nanotech Inc. (CSE: SONA) (OTCQB: SNANF) (the ‘Company’, ‘Sona’) announces results from its most recent preclinical study of its Targeted Hyperthermia Therapy (‘THT’) which uses the Company’s patented, biocompatible gold nanorods (‘GNRs’) to treat certain solid cancer tumors, shrinking them and acting as an immune stimulator. Building on its success in melanoma and breast cancer studies, the Company’s third preclinical efficacy study was conducted in an immunologically ‘cold’ colorectal cancer model (‘CT26’), a model that represents the majority of human colon cancers, which do not typically respond to current standard of care immunotherapies.

In this preliminary study, whereas no mice that were given standard immunotherapy alone showed any response, 100% of mice in the THT treatment group responded to the same immunotherapy with 50% (4 out of 8) of those tumors eliminated within 12 days of treatment, as shown by the green line in Figure 1, below.

Sona Nanotech CEO, David Regan, commented, ‘The further preclinical evidence presented in compelling data gives us greater confidence as to Sona’s THT’s ability to prime non-responding tumors, thereby enhancing immunotherapy’s ability to respond. As we move closer towards securing early feasibility studies to gain human data, we look forward to sharing concrete examples of THT’s ability to lift the response rate of immunotherapies for patients suffering from cancer.

Preliminary detailed cellular analysis of THT-treated tumors revealed increased immune cell infiltration into the tumor microenvironment with elevated expression of PD-1 receptors on both CD4+ T-helper cells and CD8+ cytotoxic T cells. The elevated expression of PD-1 and heightened immune cell activation further supports the notion that THT primes the tumor microenvironment for enhanced responsiveness to standard checkpoint blocking immunotherapies. The immunotherapy used in this study was a PD-1 checkpoint inhibitor as it is the predominantly prescribed treatment for cancer. Research is ongoing in this model and will be subjected to peer review.

Study principal investigator and Sona Chief Medical Officer, Dr. Carman Giacomantonio, commented, ‘Colon cancers in humans are typically immunogenically ‘cold’ tumors in that they are highly resistant to current leading immunotherapies. As such, our success in eliminating these difficult preclinical tumors is profound and provides evidence of our ability to convert these cold tumors into ones that will respond to immunotherapies. Further biomarker analysis on the 50% of animals that were completely cleared of tumors will determine the extent to which Sona’s THT can produce lasting immune protection against cancer recurrence, and we look forward to sharing those results.’

Figure 1: Tumor Volume in Preclinical Colorectal Cancer Study of Sona’s Targeted Hyperthermia Therapy

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5500/233333_2faff2837430c99f_001full.jpg

The Company is currently working with a contract research organization specializing in medical device clinical trials to secure a site for the Company’s previously announced intention to deliver a first-in-human early feasibility study (‘EFS’) in 2025. The Company has developed its clinical trial protocol and THT system administration instructions package and related documents for clinical application. The Company will continue to provide updates on the status of its progress towards an EFS study as significant milestones are achieved, including clinical trial site selection and trial commencement.

The Company is hosting a webinar today, Wednesday, December 11th at 11am EST to discuss the results of its colorectal cancer preclinical efficacy study and its future plans. Interested parties can register here: 

https://us06web.zoom.us/webinar/register/WN_apH56PLBRQykllF9bcvTrA

A recording of the webinar will be available tomorrow in the Investor Information section of the Company’s website.

Contact:

David Regan, CEO
+1-902-442-0653
david@sonanano.com

About Sona Nanotech Inc.
Sona Nanotech, a nanotechnology life sciences company, is developing Targeted Hyperthermia, a photothermal cancer therapy, which uses therapeutic heat to treat solid cancer tumors. The heat is delivered to tumors by infrared light that is absorbed by Sona’s gold nanorods in the tumor and re-emitted as heat. Therapeutic heat (42-48°C) stimulates the immune system, shrinks tumors, inactivates cancer stem cells, and increases tumor perfusion – thus enabling drugs to reach all tumor compartments more effectively. The size, shape, and surface chemistry of the nanorods target the leaky vasculature of solid tumors, and the selective thermal sensitivity of tumor tissue enables the therapy to deliver clean margins. Targeted Hyperthermia promises to be safe, effective, minimally invasive, competitive in cost, and a valuable adjunct to drug therapy and other cancer treatments.

Sona has developed multiple proprietary methods for the manufacture of gold nanoparticles which it uses for the development of both cancer therapies and diagnostic testing platforms. Sona’s gold nanorod particles are cetyltrimethylammonium (‘CTAB’) free, eliminating the toxicity risks associated with the use of other gold nanorod technologies in medical applications. It is expected that Sona’s gold nanotechnologies may be adapted for use in applications, as a safe and effective delivery system for multiple medical treatments, subject to the approval of various regulatory boards, including Health Canada and the FDA.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This press release includes certain ‘forward-looking statements’ under applicable Canadian securities legislation, including statements regarding the anticipated applications and potential opportunities of Targeted Hyperthermia Therapy, Sona’s preclinical and clinical study plans, Sona’s intention to submit preclinical study results for peer reviewed publication, future patent filings and its product development plans. Forward-looking statements are necessarily based upon a number of assumptions or estimates that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements, including the risk that Sona may not be able to successfully obtain sufficient clinical and other data to submit regulatory submissions, raise sufficient additional capital, secure patents or develop the envisioned therapy, the risk that Sona’s intended publications may not be accepted by a leading scientific journal and the risk that THT may not prove to have the benefits currently anticipated. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Sona disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Not for distribution to United States newswire services or for dissemination in the United States

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/233333

News Provided by Newsfile via QuoteMedia

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Investor Insight

GMV Minerals is an attractive investment proposition with both gold and lithium projects that have compelling market economics, in well-established mining jurisdictions in the USA.

Overview

Junior exploration and development company GMV Minerals (TSXV:GMV,OTCQB:GMVMF) is advancing two major projects in Arizona and Nevada, both positioning the company to take full advantage of a continuing gold bull market and the exponentially rising demand for lithium – a mineral facilitating the global push for decarbonization and energy transition.

The Mexican Hat gold project, located in Arizona, is a high-quality, 5,000-acre gold asset with an inferred resource of 688,000 ounces of gold and compelling positive preliminary economic assessment, including a 10-year mine life, low CAPEX and very strong pre-tax NPV.

In Nevada, GMV has a three-year option agreement to earn a 100 percent interest in the Daisy Creek lithium project located in Lander County. Nevada currently hosts the only producing lithium mine in North America, and is home to Thacker Pass, the largest known lithium deposit in the US. GMV now controls or owns 165 lode claims covering 3,408 acres at Daisy Creek. The claims are close to operating gold mines and have access to existing power lines, water and paved highways. Following a high-resolution radiometric and magnetic helicopter survey in October 2023 and a field sampling program in December 2023, GMV is now drill-permitted to test the Nevada property.

Company Highlights

  • GMV Minerals is a junior gold development company focusing mainly on its gold asset Arizona and recently acquired lithium option in Nevada.
  • Mexican Hat hosts an inferred 688,000 ounces of gold, excellent metallurgical results and a low strip ratio.
  • In Nevada, GMV has a three-year option agreement to earn a 100 percent interest in the Daisy Creek lithium project located in Lander County.
  • Both Daisy Creek and Mexican Hat are situated in safe, mining-friendly jurisdictions with readily available and experienced service providers. Each asset is also situated close to existing infrastructure, further reducing initial capex.
  • GMV is also noteworthy for its tightly held share structure, with 24 percent of shares held by management and advisors.

Key Projects

Mexican Hat

A low-sulphidation epithermal gold deposit, GMV’s 100-percent owned Mexican Hat contains an estimated gold resource of 688,000 ounces across 5,000 acres. As GMV’s flagship project, the company aims to further expand this resource through drilling, ultimately moving from an inferred resource estimate to a measured and indicated estimate. The mine development itself will consist of two pits — a smaller southeast pit will be mined first, followed by a larger pit to the north.

Mexican Hat project in Arizona

Highlights:

  • Established Infrastructure: Located in close proximity to considerable transportation and power infrastructure, and a skilled workforce.
  • Well-established Mining Process: GMV plans to extract minerals from Mexican Hat through heap leaching, a mining process known for its low capital investment and operating costs, fast payback, lack of tailings, low energy and water requirements, and simple setup and operation.
  • Area Geology: Primary mineralization consists of gold and oxides in a metasomatic assemblage of chlorite, carbonate, epidote and minor silica arranged along a series of fractures and fault zones within a tilted conformable package of tertiary rock.

Daisy Creek Lithium Project

View across the Basin showing historical trenching from the 1970s; material trenched is a claystone.

Located in Lander County, Nevada, Daisy Creek consists of 165 lode claims. Initially targeted for uranium by multiple oil and mining companies in the late 1970s and early 1980s, the project instead proved rich in lithium, displaying values of up to 2 percent in clay-altered volcanic tuffs, which geologists noted was likely hectorite-based.

Because there was very little demand for lithium at the time, Daisy Creek largely sat ignored and forgotten. It was not until several decades later that two of the geologists involved in the project’s original drilling program noted multiple similarities between Daisy Creek and Lithium America’s highly prospective Thacker Pass discovery. GMV plans to conduct a field program to confirm these observations.

Highlights:

  • Full Ownership: In May 2023, GMV entered into a three-year option agreement with Daisy Creek’s original owner, which will see it eventually gain a 100 percent interest in the project.
  • Pre-existing Infrastructure: Daisy Creek is situated near several operating gold mines and has access to power, water and paved highways, considerably lowering the initial capital investment that will be required to develop the project.

Management Team

Ian Klassen — President and CEO

Ian Klassen has 30 years of experience in public company management, public relations, government affairs, entrepreneurship, media relationship strategies and project management. Klassen is the president of a North American mineral exploration company and sits on the board of directors of several private and public companies. Previous to his management activities within private and public companies, he held a variety of positions within federal Canadian politics, including as senior political advisor to the Minister of State (Transportation), and as chief of staff, Office of the Speaker of the Canadian House of Commons. Klassen graduated with an undergraduate honors degree from Western University in 1989. In 1992, he received the Commemorative Medal for the 125th Anniversary of the Confederation of Canada in recognition of his significant contribution to his community and country.

Dr. D.R. Webb — Acting Project Manager

Dr. D.R. Webb graduated with a geological engineering degree from the University of Toronto, where he obtained awards for the highest marks in both third-year and fourth-year field camps. He obtained his M.Sc. and Ph.D. in geological sciences at Queen’s University and Western University, respectively, where his focus was on the structural and geochemical controls of gold mineralization in the Yellowknife Greenstone Belt. Webb is credited for discovering both the largest granitic-hosted gold deposit in the Northwest Territories and the largest gold deposit in the Yellowknife Greenstone Belt found in the past 30 years. He served as president and director of Tyhee Gold, where he and his team developed a high-grade gold deposit into production, becoming Mongolia’s first hard-rock gold mine. He later advanced his discoveries in Yellowknife into a multimillion-ounce resource, completed economic and engineering analysis and initiated both feasibility studies and permitting.

Webb also developed the Mon Gold Mine into the most recently permitted gold mine in the Yellowknife Gold Belt, operating for seven years and then shutting down in 1997. Webb is a consultant to the industry, providing services throughout the world and sits on the board of Lake Victoria Mining Company and Metallis Resources, several private corporations, and is on the advisory council for the Centre of Training Excellence in Mining. Webb co-authored the qualifying report on Fortune Minerals’ Nico Deposit, recommending the acquisition of what is now the largest bismuth resource in the world.

Michele Pillon — Chief Financial Officer

Michelle Pillon is an accountant with several years of experience in the junior mining exploration sector. Since 1988, Pillon has been providing accounting and regulatory assistance to public and private companies.

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CleanTech Lithium PLC (‘CleanTech’ or the ‘Company’), an exploration and development company advancing lithium projects in Chile for the clean energy transition, provides an update on the Laguna Verde CEOL application (CEOL Application Update) and on the Company’s amended unaudited financial results for the six months ended 30 June 2024 (Interim Results) first published on 30 September 2024.

CEOL Application Update

On 28 November 2024, the Company confirmed it was on course to submit its application for the Special Lithium Operating Contract (‘CEOL’) for its Laguna Verde project by 31 December 2024. The 31 December 2024 deadline was initially set by the Chile Government Mining Ministry (the ‘Ministry’) and served as the basis on which the Company timed its CEOL application. Since setting that initial deadline, the Ministry, in addition to announcing it would consider CEOL applications from private companies on a further six projects, announced it was extending the deadline for CEOL application submissions by one month, to 31 January 2025. Notwithstanding the extended deadline, the Company intends to submit its CEOL application in the early part of January 2025, well in advance of the new deadline, and announce same once made.

The Company is encouraged by recent progress on its CEOL application. The application itself will be a substantial document, supported by an extensive collection of technical, operational and financial data produced and gathered from activities at Laguna Verde over the last 3-4 years. The Company believes it is well-placed to secure the award of the CEOL and meet specific criteria, established by the Ministry, to allow applicants to enter into direct discissions with the Ministry and avoid the need for any subsequent public tender process.

Review and amendment of 2024 Interim Financial Results for ASX listing

In progressing the documentation to support the Company’s proposed dual listing on ASX, it has been necessary for the Interim Results to be independently reviewed by the Company’s auditor.

As a result of that review, the Company has reconsidered its interpretation of the accounting standards related to the recognition of the commissions and warrants associated with the issuance of Loan Notes, which were first announced on 1 July 2024. Following the reinterpretation of guidance, the fair value of warrants and the commissions directly linked to the Loan Notes are now recognised as a part of the liability within the statement of financial position and will be amortised to the income statement over the life of the Loan Notes. This differs from the original (incidentally more prudent) treatment, which recorded the full value of the commissions and warrant fair value in the income statement upon initial recognition. As a result, the Loan Note liability is now shown as £1.5 million (previously reported as £2.1 million) with an operating loss for the period of £2.2 million (previously reported as £2.8 million). Any other changes to the Interim Results are a consequence of those changes or reflect typographical corrections.

A copy of the reviewed and amended financial results for the six-month period ended 30 June 2024 is available for investors on the Company’s website https://ctlithium.com/investors/circulars-documents/

For further information contact:

CleanTech Lithium PLC

Steve Kesler/Gordon Stein/Nick Baxter

Jersey office: +44 (0) 1534 668 321

Chile office: +562-32239222

Or via Celicourt

Celicourt Communications

Felicity Winkles/Philip Dennis/Ali AlQahtani

+44 (0) 20 7770 6424

cleantech@celicourt.uk

Beaumont Cornish Limited (Nominated Adviser)

Roland Cornish/Asia Szusciak

+44 (0) 20 7628 3396

Fox-Davies Capital Limited (Broker)

+44 (0) 20 3884 8450

Daniel Fox-Davies

daniel@fox-davies.com

Canaccord Genuity (Broker)

James Asensio

+44 (0) 20 7523 4680

Beaumont Cornish Limited (‘Beaumont Cornish’) is the Company’s Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish’s responsibilities as the Company’s Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

Notes

CleanTech Lithium (AIM:CTL, Frankfurt:T2N, OTCQX:CTLHF) is an exploration and development company advancing lithium projects in Chile for the clean energy transition. Committed to net-zero, CleanTech Lithium’s mission is to become a new supplier of battery grade lithium using Direct Lithium Extraction technology powered by renewable energy.

CleanTech Lithium has two key lithium projects in Chile, Laguna Verde and Viento Andino, and exploration stage projects in Llamara and Arenas Blancas (Salar de Atacama), located in the lithium triangle, a leading centre for battery grade lithium production. The two most advanced projects: Laguna Verde and Viento Andino are situated within basins controlled by the Company, which affords significant potential development and operational advantages. All four projects have good access to existing infrastructure.

CleanTech Lithium is committed to utilising Direct Lithium Extraction with reinjection of spent brine resulting in no aquifer depletion. Direct Lithium Extraction is a transformative technology which removes lithium from brine with higher recoveries, short development lead times and no extensive evaporation pond construction www.ctlithium.com

Click here for the full release

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The global transition to a green economy has been a boon for the cleantech market — it’s helping investment in renewable energy and clean technology continue to grow, allowing the sector to keep building momentum.

Analysts see a few key trends dominating the cleantech sector worldwide, including solar and wind energy, agricultural technology, electric vehicles (EVs), EV infrastructure and clean energy commercial long-haul transportation solutions.

Heading into 2025, here’s a look at the best-performing Canadian cleantech stocks on the TSX and TSXV year-to-date; CSE companies were considered, but none made the list at this time. Data for this article was gathered on December 29, 2024, using TradingView’s stock screener. Only companies with market capitalizations greater than C$50 million are included.

1. Anaergia (TSX:ANRG)

Company Profile

Year-to-date gain: 260 percent
Market cap: C$152.37 million
Share price: C$0.90

Anaergia is a global company that specializes in converting waste, including wastewater and agricultural and municipal solid waste, into renewable energy, clean water and organic fertilizer.

It has operations in 17 countries spanning North America, Africa, Asia and Europe.

On July 10, Anaeriga announced the completion of a strategic investment when the company closed the third tranche of a C$40.8 million investment deal with Marny Investissement. The deal gives Marny a controlling interest in Anaergia as it now owns over 60 percent of the company’s outstanding shares.

In December 2024, the company extended its reach with new contracts to operate in California and signed a deal to provide organic waste as an energy source for PepsiCo’s operations in Colombia.

Anaergia is slated to attend several cleantech conferences around the world in 2025.

2. BIOREM (TSXV:BRM)

Company Profile

Year-to-date gain: 223.23 percent
Market cap: C$51.58 million
Share price: C$3.20

BIOREM is a cleantech engineering company that develops air emissions abatement technologies using biological processes like biotrickling filtration, a process by which polluted gas is absorbed and degraded by microorganisms into harmless substances. BIOREM’s systems are capable of removing a wide array of pollutants, and they can design effective solutions tailored to meet specific needs and site requirements.

The company collaborates with municipalities, industrial facilities, oil and gas companies and landfill operators.

3. Tantalus Systems (TSX:GRID)

Year-to-date gain: 143.75 percent
Market cap: C$95.28 million
Share price: C$1.95

Tantalus Systems provides technology that gives utilities greater control and insight into their electric grids.

This includes advanced metering infrastructure (AMI), load management systems and grid analytics, all of which contribute to a more efficient and reliable power grid.

One of its key products, TRUConnect AMI, provides real-time data on energy consumption and grid conditions. The TRUFlex Load+DER Management system helps manage energy demand and integrate distributed energy resources like solar power, while TRUGrid Automation optimizes grid operations and improves response to events like power failures.

4. CVW CleanTech (TSXV:CVW)

Year-to-date gain: 25.33 percent
Market cap: C$136.03 million
Share price: C$0.94

CVW is a cleantech company focused on making the Canadian oil sands industry more sustainable.

Its technology recovers bitumen and valuable minerals like titanium and zircon from oil sands tailings ponds, reducing the environmental impact of oil and gas production.

In 2024, the company transitioned to a royalty-based model, investing in other cleantech companies in the commodity space in exchange for a share of their revenue. Its first royalty investment was in Northstar Clean Technologies (TSXV:ROOF,OTCQB:ROOOF), a company with technology that processes end-of-life asphalt shingles into components including liquid asphalt as well as aggregate and fiber for industrial use. The deal was finalized in September.

5. DynaCERT (TSX:DYA)

Company Profile

Year-to-date gain: 9.37 percent
Market cap: C$76.83 million
Share price: C$0.18

DynaCERT specializes in improving the fuel efficiency of diesel engines with its HydraGEN technology, which expanded into South American mines in 2024. The system adds hydrogen to the air intake of the engines, which reduces emissions of pollutants like nitrogen oxide, resulting in cleaner combustion.

The company’s technology works with traditional diesel engines and is being used across a wide range of heavy-duty industries, including transportation, mining and construction.

In recent years, DynaCERT has been collaborating with another alternative fuel company, Cipher Neutron, to accelerate the development of Cipher Neutron’s Alkaline Exchange Membrane (AEM) Electrolyser technology, a cheaper, more efficient method of producing green hydrogen. On June 11, DynaCERT acquired 15 percent ownership of Cipher Neutron.

On July 16, DynaCert announced that Cipher Neutron had been awarded a contract for a joint project with Simon Fraser University (SFU) in BC, Canada. The university hosts the SFU Clean Hydrogen Hub, at which Cipher Neutron will develop and deploy two 250 kilowatt AEM electrolyser stacks. The technology splits water into hydrogen and oxygen using electricity, making it a key process for producing low-cost green hydrogen.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

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Josef Schachter of the Schachter Energy Report outlined his outlook for oil and natural gas in 2025, saying he sees oil prices moving higher. In his view, West Texas Intermediate could reach US$90 per barrel in Q4.

‘I’m now looking for potentially US$80 to US$82 for the average in 2025,’ Schachter added.

‘But the big thing is I think we’re looking at the US$90s on a consistent basis in Q4, with a range of US$84 to US$96. Going from US$70 to US$90 (in) Q4 of this year to Q4 of next year — that will wake everybody up.’

Watch the interview for more of his thoughts on the oil and gas outlook, including ways to invest.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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Several people were killed in a shooting on Wednesday in the Montenegrin city of Cetinje, police and local media said. The shooter is on the run.

Police dispatched special troops to search for the armed shooter in Cetinje, some 30 kilometers (18 miles) northwest of the capital Podgorica.

A statement said the man opened fire in a bar and fled the scene armed. Police identified the shooter only by his initials A.M. and said he was 45 years old.

Police gave no other details. The state RTCG television said seven people were killed in the shooting that followed a bar brawl.

“Armed, he (shooter) left the object and fled,” the statement said.

The RTCG report identified the man as Aco Martinovic, saying he was known for erratic behavior and had been detained in the past for illegal possession of weapons. The TV published the reported suspect’s photo on its website.

The report said he went home to get his gun and came back to the bar where he opened fire and killed and wounded several people. He then went to another site where he killed the bar owner’s children and a woman, the report added.

Authorities did not immediately provide a number of fatalities.

Police appealed on the residents to remain calm and stay indoors, ruling out a clash between criminal gangs.

This is a developing story and will be updated.

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A judge in Ecuador has ordered the detention of 16 air force members accused of involvement in the disappearance of four children, whose charred remains were discovered weeks after they were seen being forced into a military patrol car against their will.

The case has shocked the nation and sparked protests against the military, which has been spearheading President Daniel Noboa’s crackdown on violent criminal groups.

On Tuesday, moments after a judge in Guayaquil ordered the detentions, prosecutors announced that forensic tests showed four charred corpses found last week belonged to the children. The bodies were found near to where the children were last seen.

The children, Saúl Arboleda, Steven Medina, and brothers Josué and Ismael Arroyo, were reported missing on December 8 after playing soccer and being detained by soldiers in Guayas province.

Video released last week by the National Assembly showed they had been coerced into getting into a patrol car against their will.

The defense ministry acknowledged that the children, aged from 11 to 15, had been detained but insisted they were later released. It also claimed that the children had been involved in a robbery, but the Prosecutor’s Office said there was no evidence to support that.

News of the forensic identifications was received with frustration and heartbreak.

“What pain to close the year with this tragedy that mourns the country. It is unacceptable that the lives of our children end in this way. Let fear not silence us, and let solidarity become the voice that demands justice so that something like this never happens again,” the prefect of Guayas Marcela Aguiñaga wrote on X.

Guayaquil Mayor Aquiles Álvarez said, “Nothing will calm the pain of the parents, just as nothing will erase the mark of murderers from all those involved, directly or indirectly. The truth is that this country has hit rock bottom. Paradigms have been broken, but to make things worse. It makes you want nothing, everything hurts.”

During the hearing, the Prosecutor’s Office had presented testimonies and video recordings that it said supported “the alleged participation of the defendants in the crime investigated.”

Outside the hearing, dozens of people, including the children’s relatives and friends, gathered en masse to demand truth and transparency.

Some carried photos of the children. Others held banners and shouted slogans such as, “They took them alive, we want them alive!” and “Sir, madam, do not be indifferent, they take children in front of people!”

The National Assembly and the Mayor’s Office of Quito have declared three days of mourning.

Last week, President Noboa said there would be no impunity in this case and asked law enforcement institutions to work with the Attorney General’s Office during the investigations.

The defense ministry and armed forces said on Tuesday that they would collaborate “without reservations or conditions” in the investigations.

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The Palestinian Authority has suspended Al Jazeera from broadcasting and operating in the occupied West Bank.

It accused the network of broadcasting “inciting materials” and “misleading reports” that “provoke strife and interfere in Palestinian internal affairs,” Wafa, the official Palestinian news agency, said Wednesday.

“The decision also includes the temporary suspension of all journalists and staff associated with it, as well as the channels under its umbrella, until its legal status is rectified, due to Al Jazeera’s violation of the laws and regulations in force in Palestine,” the Palestinian news agency said.

Al Jazeera condemned the decision, calling it “in line with the practices of the occupation against its crews.”

A video from Al Jazeera shows three Palestinian law enforcement personnel entering a hotel room in Ramallah, in the central West Bank, and handing a letter to journalist Najwan Simri, who then signs it. The letter signed by the Palestinian Authority’s attorney general Akram Al-Khateeb, orders the “banning and freezing of all operations of Al Jazeera Satellite channel and its office in Palestine and freezing the work of all journalists working with the station, crews and affiliate channels temporarily until its situation is corrected due to [Al Jazeera’s] violation of the provisions of the laws and regulations.”

This marks the first time the network has faced such restrictions from Palestinian officials, including the Palestinian Authority which governs parts of the occupied West Bank.

However, Israeli officials have repeatedly attempted to stifle the news network, shutting down its operations in May, seizing equipment, and stopping broadcasts.

Israeli Prime Minister Benjamin Netanyahu’s government has long complained about Al Jazeera’s operations, alleging anti-Israeli bias and accusing the network of being a “mouthpiece for Hamas.” Al Jazeera has rejected the claims as “unfounded allegations.”

Months after shutting down the network’s Jerusalem office, Israeli forces raided and shut down its Ramallah office in the occupied West Bank in September. Al Jazeera said it would “continue reporting on the war on Gaza and the ongoing occupation of the Palestinian territories and the regional escalation.” Since then, employees from Al Jazeera have used the title of “journalist” rather than “network correspondent” when reporting from the West Bank.

Following Monday’s announcement by the Palestinian Authority, Al Jazeera reiterated its “commitment to continue covering events and developments in the West Bank with full professionalism.”

The decision came from the Palestinian Authority’s specialized ministerial committee, which includes the Ministries of Culture, Interior, and Communications, according to Wafa. Lawyers like Muhannad Karajah from Lawyers for Justice – an independent Ramallah-based Palestinian group of lawyers – have challenged the legality of the order which did not come from a judicial ruling.

A controversial operation

In its statement on Monday, Al Jazeera said it “views the Palestinian Authority’s decision as an attempt to deter it from covering the escalating events taking place in the occupied territories.”

“The closure decision comes in the wake of a continuous campaign of incitement and intimidation from entities sponsored by the Palestinian Authority against our journalists,” the news network said. It called the decision “an attempt to conceal the truth of events in the occupied territories, especially in Jenin and its camp.”

The Qatari-based news network, which has produced dogged, on-the-ground reporting of Israel’s war in Gaza, has also extensively covered an operation by Palestinian security forces that began in December, in the occupied West Bank to combat what they describe as extremist “outlaws” in Jenin. The fighting between the Palestinian Authority’s security forces and Palestinian militant groups aligned with Hamas – who accuse the authority of selling out to Israel – has been highly controversial.

Al Jazeera was also criticized by the Palestinian Authority following the network’s coverage of the killing of Palestinian journalist Shatha Sabbagh, whose family accused Palestinian security forces of shooting her in the head on Saturday during their Jenin operation.

In a virtual interview on Sunday with Al Jazeera anchor Ahmed Taha, alongside Sabbagh’s mother, the spokesperson for the Palestinian security forces Anwar Rajab said he was not notified he would be on air with the mother. After listening to her for about three and a half minutes, in which she accused the security forces of killing her daughter, Rajab offered his condolences and then accused Al Jazeera of being “unprofessional” and “taking advantage of people’s suffering and pain.”

After an apology from the anchor for not notifying the spokesperson beforehand, Rajab said the security forces were not responsible for the killing of Shatha Sabbagh and said investigations were ongoing. Following a further heated exchange with the anchor, Rajab accused Al Jazeera of “inciting and leading sedition” before leaving the interview.

Widespread condemnation

Al Jazeera said it was “astonished” by the Palestinian Authority’s decision and said the authority is “fully responsible” for the safety of the network’s staff in the West Bank. The network demanded the authority revoke their decision and allow teams to continue their coverage in the area “without intimidation.”

Others across the Palestinian territories echoed Al Jazeera’s calls for rescinding the decision.

Independent Palestinian politician and head of the Palestinian National Initiative Mostafa Al Barghouti said the network’s Palestinian reporters “face continuous assaults from the occupation” and said the order against it “does not benefit the Palestinian people or their just cause, nor does it benefit those who made this decision.”

The order also drew condemnation from the Palestinian Journalists’ Protection Center, a Ramallah-based NGO that called the decision a “shameful assault on press freedom.”

Hamas condemned the decision as “illegal and unjustified.”

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