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  • REalloys Raises For Rare Earth Magnet Expansion, Netflix Acquires Affleck's AI Startup, And An American Gallium Mine Finds New Home

REalloys Raises For Rare Earth Magnet Expansion, Netflix Acquires Affleck's AI Startup, And An American Gallium Mine Finds New Home

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REalloys Raises $50 Million For Rare Earth Magnet Dominance

REalloys (NASDAQ: ALOY) successfully raised $50 million in a new equity financing round at a price of $18.50 per share. REalloys is one of the only publicly traded companies operating in North America that is developing a full scale platform for heavy rare earth midstream separation, refining and metallization capabilities to both process and convert heavy rare earth materials into rare earth magnets.

Ben Affleck Sells AI Startup To Netflix

Netflix (NASDAQ: NFLX) acquired Ben Affleck’s artificial intelligence filmmaking startup InterPositive for undisclosed terms. InterPositive uses artificial intelligence to learn from the footage of a film to assist with post-production tasks such as fixing missed shots, reframing images, altering backgrounds and relighting scenes. Ben Affleck will join Netflix as an official advisor following the successful completion of the acquisition.

Blue Moon Metals Is Buying An American Gallium Mine

Blue Moon Metals (TSXV: MOON) entered into a deal with a subsidiary of Teck Resources (NYSE: TECK) to purchase their Apex gallium-germanium mine located in Utah. The Apex mine was previously in commercial production and was the primary supply source of both gallium and germanium in the United States, and Blue Moon Metals has publicly stated they plan to immediately begin renewing the permits at the mine and advancing technical studies as well as metallurgical testing.

Streamex: Disrupting Gold Ownership With GLDY

Streamex (NASDAQ: STEX) has officially launched their gold backed stablecoin known as GLDY, and has appointed Shawn Matthews, the former CEO of Cantor Fitzgerald, to their board of directors.

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