Syniad’s Brokkr Announces Selection by the Biomimicry Institute’s Ray of Hope Accelerator Program

Vancouver, British Columbia – July 18th 2024: Syniad Innovations Inc. (“Syniad”) is pleased to announce that Brokkr Mineral Resources Corporation (“Brokkr”) has been selected to participate in the “Ray of Hope Accelerator” from the Biomimicry Institute.

The Ray of Hope Accelerator program is based on an international competitive selection process that, this year, has established a cohort of 10 ventures all working on nature inspired technologies.  Brokkr’s environmentally sustainable solution for strategic mineral processing is a very strong fit with this overarching theme.

The Biomimicry institute is a not-for-profit organization that has established itself as a pioneering thought leader in the domain of nature-inspired technologies. It’s Ray of Hope Accelerator is now 5 years old and supported by the Bentley Environment Foundation, the Ray C. Anderson Foundation and L’Oréal.  It’s really remarkable therefore that Brokkr’s success in this competition comes on the heels of Anodyne’s success in the Ray of Hope’s 2023 cohort.

Commenting today, Iain Evans CIO said, “it’s absolutely great to see two ventures within the Syniad portfolio secure such a strong vote of confidence from the Biomimicry Institute. The Ray of Hope prize is a program of the highest quality and provides such a strong platform for accelerating early-stage ventures on their commercialization journey. Congratulations to Brokkr and many thanks indeed to the Biomimicry Institute for this new support.”

About Brokkr Mineral Resources Corporation

Brokkr develops easy-to-adapt solutions for mineral processing in complex ore bodies and low-grade deposits. Using selective peptide binding technologies paired with bioleaching solutions, Brokkr extracts and processes metals needed for clean energy systems without disrupting the current mining processes. Brokkr’s solutions have been validated at the bench scale with high recovery rates across several different metals. Extensive testing, to date, implies that Brokkr solutions provide a cost-effective alternative to current mineral processing techniques that would enable the recovery of strategic metals from low-grade and high-grade ores with reduced GHG emissions and lower overall environmental risk.