Q2 Financial Highlights?
Total revenues for the three-month period ended
Net loss for the three-month period ended
Cash balance of
As of
Q2 Operational Highlights
Signed three licensed SaaS customer for
Signed five DRIVER proof-of-concept projects
Launched climate85; a data and analytics platform providing access to physical climate risk information at every location in
'Our second quarter operational highlights show some momentum with DRIVER sales that I am hopeful will continue to pick up in the fall. We were excited to launch the new climate85 product in the second quarter. climate85 integrates the best available data with state-of-the-art predictive models to forecast climate change impacts on our natural systems and economy, providing an extensive database of spatial layers as well as analytical tools to our prospective customers in order to help them better understand the impacts of climate change. climate85 has tools and functionalities designed to assess and help to disclose physical climate risks for a wide range of clients. We see this as a huge opportunity for our climate85 product given the current climate risk issues worldwide and will be rolling out additionally functionality in the months ahead.' said
Management expects future periods to result in higher sales as the contracts for DRIVER accumulate and renew.
For full details on Minera's reported results, please go to https://minervaintelligence.com/investors.
About
Although Minerva's applications focus on the search for critical metals and the assessment of physical climate risk, their technology has application in diverse industries and domains.
Minerva's common shares are currently listed on the
Contact:
President
E: Investors@minervaintelligence.com
Investor
T: (647) 202-3904
E: mknowles@minervaintelligence.com
Cautionary Note Regarding Forward-Looking Statements
Forward Looking Information
This news release includes certain information that may be deemed 'forward-looking information'. Forward-looking information can generally be identified by the use of forward-looking terminology such as 'may', 'will', 'expect', 'intend', 'estimate', 'anticipate', 'believe', 'continue', 'plans' or similar terminology. All information in this release, other than information of historical facts, including, without limitation, the availability of financing to the Company are forward-looking information that involve various risks and uncertainties. Although the Company believes that the expectations expressed in such forward-looking information are based on reasonable assumptions, such expectations are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking information. Forward-looking information is based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from the forward-looking information include changes in project parameters as plans continue to be refined, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, regulatory changes, delays in receiving approvals, and other risks detailed herein and from time to time in the filings made by the Company with securities regulatory authorities in?Canada. Mineral exploration and development of mines is an inherently risky business. Accordingly, actual events may differ materially from those projected in the forward-looking information. For more information on the?Company and the risks and challenges of our business, investors should review our continuous disclosure filings which are available at?www.sedar.com. Readers are cautioned not to place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.???
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