Abakan Inc (ABKI) 0.6700 $ABKI
Abakan Announces Financing
Business Wire - Wed Aug 20, 9:42AM CDT
Abakan Inc. (OTCQB: ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets, today announced that the Company's board of directors, has determined to initiate a private placement of up to eighteen million seven hundred and fifty thousand (18,750,000) shares of its restricted common stock, at a price of $0.40 a share, for anticipated gross proceeds of up to seven million five hundred thousand dollars ($7,500,000), to support ongoing operations, retire outstanding debt and bolster product development. The prospective private placement is scheduled to close on September 15, 2014. Full subscription to the anticipated proceeds would result in the new shareholders having 21.5% of the Company's outstanding shares.
Abakan Introduces Disruptive Materials for Billion Dollar Metal Processing Equipment Market
GlobeNewswire - Thu Aug 07, 8:32AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets, today announced that it has completed initial field-testing, on full-sized production equipment, of its proprietary nanocomposite liquid metal corrosion-resistant coating, PComP M, with a leading steel producer. The company is also working with several of the world's largest steel companies to validate component life extension on zinc pot rolls used extensively in the continuous hot dip galvanizing process, as well as other components used in the handling and processing of molten metals.
Abakan's CermaClad(TM) Awarded "Innovation of the Year" by NACE International
GlobeNewswire - Thu Mar 13, 8:32AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan" announces that its 72% owned subsidiary, MesoCoat, Inc. ("MesoCoat" has received the highly prestigious National Association of Corrosion Engineers (NACE) Materials Performance (MP) Corrosion Innovation of the Year Award in the Coatings and Linings category. The award was conferred upon MesoCoat's CermaClad(TM) high-speed, large-area, metal cladding technology that extends the useful life of metal assets while significantly reducing associated maintenance and downtime costs. CermaClad(TM) technology utilizes a high-intensity arc lamp to rapidly fuse protective, proprietary cladding materials onto the internal surface of steel pipe and tube.
Abakan Subsidiary Receives $2.75M From Canadian Agencies to Establish Wear-Resistant Clad Pipe Facility
GlobeNewswire - Tue Mar 11, 10:30AM CDT
In a move that marks the Company's entry into the enormous Alberta Oil Sands market, Abakan Inc. (OTCQB:ABKI) ("Abakan" today announced that, along with the lead project partner, Northern Alberta Institute of Technology (NAIT), Abakan's 72% owned subsidiary, MesoCoat, has received a $2.75 million funding commitment from Alberta's Ministry of Innovation and Advanced Education (IAE) and Western Economic Diversification Canada (WD) for an 18-month collaborative effort to establish a prototype demonstration facility for developing, testing and commercializing wear-resistant clad pipe and components. Improvements in wear resistance are expected to make a significant impact in reducing losses due to maintenance and downtime while increasing productivity in oil sands and other mining applications.
Vancouver-based As Seen on TV Company Debuts New Products on Dragon's Den
M2 - Wed Feb 26, 3:00AM CST
Vancouver-based As Seen on TV Marketing Ltd. announced that they recently debuted one of their innovative products on Dragon's Den, a top-rated reality show on CBC that showcases Canadian entrepreneurs.
Abakan Subsidiary Awarded $1.5M Loan to Scale-Up PComP(TM) Production and Expand PComP(TM) Coating Services
GlobeNewswire - Tue Feb 18, 11:18AM CST
Abakan Inc. ("Abakan" (OTCQB: ABKI) announced that on Wednesday, February 12, its subsidiary, MesoCoat, Inc., was awarded a $1.5 million loan from the Ohio Department of Development'sOhio Third Frontier Commission to scale up PComP(TM) production and expand PComP(TM) coating services.
Abakan's Subsidiary, MesoCoat, Signs Exclusive Sales Agreement with Metallurgic Solutions, S.A. de CV for Mexico and Central America
GlobeNewswire - Mon Sep 16, 8:29AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets, today announced entry into the Mexican and Central American markets by signing an exclusive sales agent agreement with Metallurgic Solutions, S.A. de CV ("MetalSol" to introduce MesoCoat's products into Mexico, Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, and Panama. MetalSol will also assist MesoCoat in the establishment of production and service operations in Mexico for its PComP(TM) long-life metal coatings, CermaClad(TM) clad steel, and future products that are currently under development.
OTC Signal Daily Stock Watch - Abakan Inc. (OTCBB: ABKI)
WorldStockWire - Thu Sep 12, 2:45AM CDT
OTC Signal tracks stocks daily and is pleased to offer its stock alerts. Investors can receive FREE Stock Alerts and company news and profiles by visiting OTC Signal at the following: http://www.otcsignal.com
MesoCoat Inc. Ranked #15 Fastest-Growing Manufacturing Company in the Annual Inc. 500|5000 list of Fastest-Growing Companies in the U.S.
GlobeNewswire - Thu Aug 22, 7:30AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets, today announced that its portfolio company, MesoCoat Inc., has been recognized by Inc. Magazine as one of the fastest-growing companies in the United States and has been ranked 15th in the top 100 fastest-growing manufacturing companies in the United States on the annual Inc. 500|5000 list.
OTC Daily Alert Stock Watch - Abakan (OTCQB: ABKI)
WorldStockWire - Mon Aug 19, 1:46AM CDT
OTC Daily Alert tracks stocks daily and is pleased to offer features on public companies. Investors can receive FREE Stock Alerts and company news and profiles by visiting OTC Daily Alert at the following: http://www.otcdailyalert.com
Abakan Announces Incorporation of MesoCoat Coating Services Inc. to Accelerate Entry in the High Value Coating Services Market
GlobeNewswire - Tue Aug 06, 8:36AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets, today announced the incorporation of a new subsidiary, MesoCoat Coating Services Inc. (MCS), to provide thermal spray coating services using its multiple award-winning nanocomposite PComP(TM) coating materials to improve component longevity and to combat corrosion and wear in the oil and gas, mining, aerospace, chemicals, metal processing and metal finishing industries.
Abakan Launches Terves Inc. to Commercialize Proprietary Reactive Materials Technology Designed to Improve the Safety and Efficiency of Oil and Gas Well Isolation, Perforation, and Completion
GlobeNewswire - Tue Jul 23, 9:00AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets, today announced the launch of a new minority-owned subsidiary, Terves Inc., to commercialize proprietary reactive materials technology for the shale gas and oil industry. Terves' TervAlloy technology was initially developed by Abakan's 41% owned subsidiary Powdermet, Inc., for the U.S. Department of Defense to build reactive warheads. TervAlloy technology has since been reconfigured and customized into engineered reactive materials that can significantly improve the efficiency and safety of well isolation, perforation and completion for oil and gas companies operating in shale reserves in the United States and across the globe.
Abakan's CermaClad Clad Pipe Manufacturing Technology Wins the AMM Steel Excellence Award of the Year
GlobeNewswire - Mon Jun 24, 11:00AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets based in Miami, today announced that its CermaClad(TM) high-speed large-area metal cladding technology has received the Steel Excellence Award from American Metal Market (AMM) under the 'Best Process Innovation category'; where other notable winners in other categories included the number one steel manufacturer ArcelorMittal, Nucor Corporation, and AK Steel Holding Corporation.
Powdermet Announces Partnerships to Commercialize Breakthrough Nano-Composite Materials for Energy Efficiency
GlobeNewswire - Fri Jun 07, 7:30AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets, today announced that its subsidiary Powdermet has secured several significant partnerships with corporate, government and military agencies to advance commercialization of its EnComp Energetic nanocomposites and MComP Microcomposite materials for use in high-density energy storage and energy-efficient mechanical bearing markets.
Abakan Lights-Up Its First Clad Pipe Manufacturing Facility in Ohio
GlobeNewswire - Thu Apr 25, 3:03PM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets, today announced the first test-run of its CermaClad(TM) high-intensity arc lamp ahead of the opening of its first clad pipe manufacturing plant on Friday, April 26, 2013 in Euclid, Ohio.
MesoCoat to Work With Nation's Top Organization for Materials Joining and Welding
GlobeNewswire - Wed Apr 17, 8:00AM CDT
Abakan Inc. (OTCQB: ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets, today announced that its subsidiary MesoCoat has engaged EWI, the world leader in welding and allied technologies, to accelerate manufacturing scale-up of its CermaClad(TM) clad pipes. EWI will bring its world-renowned expertise to the project and provide simulation and controls development services to support the development of manufacturing process specifications and non-destructive testing procedures, followed by bimetallic pipe welding and joining process qualification.
Abakan Contracts to Build Large-Scale Clad Pipe Facility in Brazil
GlobeNewswire - Mon Apr 08, 3:00PM CDT
Abakan Inc. (OTCQB: ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets, today announced that it has entered into a memorandum of understanding with Cone S.A. for construction of a manufacturing facility to suit large-scale clad pipe manufacture inside the new Suape Export Processing Zone ("Suape EPZ" in Pernambuco State, Brazil. The facility will help meet the demand for corrosion-resistant clad pipe to enable the safe and efficient production of oil in Brazil, where more than 80 percent of oil fields are highly sour.
CermaClad(TM) Clad Pipes Win Pipeline Industries Guild's "Subsea Pipeline Technology of the Year" Award
GlobeNewswire - Mon Apr 01, 8:18AM CDT
Adding to an already impressive collection of innovation and technology awards, Abakan Inc. (OTCQB: ABKI) ("Abakan" today announced that its proprietary CermaClad(TM) clad pipe product was awarded the coveted "Subsea Pipeline Technology of the Year" award by the Pipeline Industries Guild. MesoCoat, an Abakan subsidiary that developed the CermaClad(TM) technology, received the award at the Pipeline Industries Guild National Dinner in London on March 12.
Abakan Adds World-Renowned Welding Expert Damian Kotecki to Board of Advisors
GlobeNewswire - Tue Mar 05, 7:30AM CST
Abakan Inc. (OTCQB:ABKI) ("Abakan" or the "Company" , an emerging leader in the advanced coatings and metal formulations markets, today announced the appointment of welding industry expert Dr. Damian Kotecki, Ph.D., PE to its Board of Advisors. Dr. Kotecki brings 43 years of welding expertise as well as his extensive technical and business network to the Board of Advisors, as Abakan transitions its CermaClad(TM) large-area cladding technology into full commercial production. Dr. Kotecki's extensive experience in welding research, pipeline failure analyses, welding training and specifications, welding procedure development, quality assurance and stainless/high-alloy welding filler metal and product development will help assure the company's CermaClad(TM) products incorporate the highest levels of technical excellence.
Abakan Subsidiary MesoCoat Expands Executive Team With Appointment of New Chief Operating Officer
GlobeNewswire - Tue Feb 05, 10:47AM CST
Abakan Inc. (OTCQB:ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets, today announced that its subsidiary MesoCoat has appointed Richard J. Burns as its new Chief Operating Officer. Effective immediately, Mr. Burns will oversee all internal operations including building company infrastructure and developing a creative, high-performance corporate culture.
Abakan Announces Financing
Business Wire - Wed Aug 20, 9:42AM CDT
Abakan Inc. (OTCQB: ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets, today announced that the Company's board of directors, has determined to initiate a private placement of up to eighteen million seven hundred and fifty thousand (18,750,000) shares of its restricted common stock, at a price of $0.40 a share, for anticipated gross proceeds of up to seven million five hundred thousand dollars ($7,500,000), to support ongoing operations, retire outstanding debt and bolster product development. The prospective private placement is scheduled to close on September 15, 2014. Full subscription to the anticipated proceeds would result in the new shareholders having 21.5% of the Company's outstanding shares. Abakan Introduces Disruptive Materials for Billion Dollar Metal Processing Equipment Market
GlobeNewswire - Thu Aug 07, 8:32AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets, today announced that it has completed initial field-testing, on full-sized production equipment, of its proprietary nanocomposite liquid metal corrosion-resistant coating, PComP M, with a leading steel producer. The company is also working with several of the world's largest steel companies to validate component life extension on zinc pot rolls used extensively in the continuous hot dip galvanizing process, as well as other components used in the handling and processing of molten metals. Abakan's CermaClad(TM) Awarded "Innovation of the Year" by NACE International
GlobeNewswire - Thu Mar 13, 8:32AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan"
announces that its 72% owned subsidiary, MesoCoat, Inc. ("MesoCoat" has received the highly prestigious National Association of Corrosion Engineers (NACE) Materials Performance (MP) Corrosion Innovation of the Year Award in the Coatings and Linings category. The award was conferred upon MesoCoat's CermaClad(TM) high-speed, large-area, metal cladding technology that extends the useful life of metal assets while significantly reducing associated maintenance and downtime costs. CermaClad(TM) technology utilizes a high-intensity arc lamp to rapidly fuse protective, proprietary cladding materials onto the internal surface of steel pipe and tube. Abakan Subsidiary Receives $2.75M From Canadian Agencies to Establish Wear-Resistant Clad Pipe Facility
GlobeNewswire - Tue Mar 11, 10:30AM CDT
In a move that marks the Company's entry into the enormous Alberta Oil Sands market, Abakan Inc. (OTCQB:ABKI) ("Abakan"
today announced that, along with the lead project partner, Northern Alberta Institute of Technology (NAIT), Abakan's 72% owned subsidiary, MesoCoat, has received a $2.75 million funding commitment from Alberta's Ministry of Innovation and Advanced Education (IAE) and Western Economic Diversification Canada (WD) for an 18-month collaborative effort to establish a prototype demonstration facility for developing, testing and commercializing wear-resistant clad pipe and components. Improvements in wear resistance are expected to make a significant impact in reducing losses due to maintenance and downtime while increasing productivity in oil sands and other mining applications. Vancouver-based As Seen on TV Company Debuts New Products on Dragon's Den
M2 - Wed Feb 26, 3:00AM CST
Vancouver-based As Seen on TV Marketing Ltd. announced that they recently debuted one of their innovative products on Dragon's Den, a top-rated reality show on CBC that showcases Canadian entrepreneurs.
Abakan Subsidiary Awarded $1.5M Loan to Scale-Up PComP(TM) Production and Expand PComP(TM) Coating Services
GlobeNewswire - Tue Feb 18, 11:18AM CST
Abakan Inc. ("Abakan"
(OTCQB: ABKI) announced that on Wednesday, February 12, its subsidiary, MesoCoat, Inc., was awarded a $1.5 million loan from the Ohio Department of Development'sOhio Third Frontier Commission to scale up PComP(TM) production and expand PComP(TM) coating services. Abakan's Subsidiary, MesoCoat, Signs Exclusive Sales Agreement with Metallurgic Solutions, S.A. de CV for Mexico and Central America
GlobeNewswire - Mon Sep 16, 8:29AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets, today announced entry into the Mexican and Central American markets by signing an exclusive sales agent agreement with Metallurgic Solutions, S.A. de CV ("MetalSol" to introduce MesoCoat's products into Mexico, Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, and Panama. MetalSol will also assist MesoCoat in the establishment of production and service operations in Mexico for its PComP(TM) long-life metal coatings, CermaClad(TM) clad steel, and future products that are currently under development. OTC Signal Daily Stock Watch - Abakan Inc. (OTCBB: ABKI)
WorldStockWire - Thu Sep 12, 2:45AM CDT
OTC Signal tracks stocks daily and is pleased to offer its stock alerts. Investors can receive FREE Stock Alerts and company news and profiles by visiting OTC Signal at the following: http://www.otcsignal.com
MesoCoat Inc. Ranked #15 Fastest-Growing Manufacturing Company in the Annual Inc. 500|5000 list of Fastest-Growing Companies in the U.S.
GlobeNewswire - Thu Aug 22, 7:30AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets, today announced that its portfolio company, MesoCoat Inc., has been recognized by Inc. Magazine as one of the fastest-growing companies in the United States and has been ranked 15th in the top 100 fastest-growing manufacturing companies in the United States on the annual Inc. 500|5000 list. OTC Daily Alert Stock Watch - Abakan (OTCQB: ABKI)
WorldStockWire - Mon Aug 19, 1:46AM CDT
OTC Daily Alert tracks stocks daily and is pleased to offer features on public companies. Investors can receive FREE Stock Alerts and company news and profiles by visiting OTC Daily Alert at the following: http://www.otcdailyalert.com
Abakan Announces Incorporation of MesoCoat Coating Services Inc. to Accelerate Entry in the High Value Coating Services Market
GlobeNewswire - Tue Aug 06, 8:36AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets, today announced the incorporation of a new subsidiary, MesoCoat Coating Services Inc. (MCS), to provide thermal spray coating services using its multiple award-winning nanocomposite PComP(TM) coating materials to improve component longevity and to combat corrosion and wear in the oil and gas, mining, aerospace, chemicals, metal processing and metal finishing industries. Abakan Launches Terves Inc. to Commercialize Proprietary Reactive Materials Technology Designed to Improve the Safety and Efficiency of Oil and Gas Well Isolation, Perforation, and Completion
GlobeNewswire - Tue Jul 23, 9:00AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets, today announced the launch of a new minority-owned subsidiary, Terves Inc., to commercialize proprietary reactive materials technology for the shale gas and oil industry. Terves' TervAlloy technology was initially developed by Abakan's 41% owned subsidiary Powdermet, Inc., for the U.S. Department of Defense to build reactive warheads. TervAlloy technology has since been reconfigured and customized into engineered reactive materials that can significantly improve the efficiency and safety of well isolation, perforation and completion for oil and gas companies operating in shale reserves in the United States and across the globe. Abakan's CermaClad Clad Pipe Manufacturing Technology Wins the AMM Steel Excellence Award of the Year
GlobeNewswire - Mon Jun 24, 11:00AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets based in Miami, today announced that its CermaClad(TM) high-speed large-area metal cladding technology has received the Steel Excellence Award from American Metal Market (AMM) under the 'Best Process Innovation category'; where other notable winners in other categories included the number one steel manufacturer ArcelorMittal, Nucor Corporation, and AK Steel Holding Corporation. Powdermet Announces Partnerships to Commercialize Breakthrough Nano-Composite Materials for Energy Efficiency
GlobeNewswire - Fri Jun 07, 7:30AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets, today announced that its subsidiary Powdermet has secured several significant partnerships with corporate, government and military agencies to advance commercialization of its EnComp Energetic nanocomposites and MComP Microcomposite materials for use in high-density energy storage and energy-efficient mechanical bearing markets. Abakan Lights-Up Its First Clad Pipe Manufacturing Facility in Ohio
GlobeNewswire - Thu Apr 25, 3:03PM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets, today announced the first test-run of its CermaClad(TM) high-intensity arc lamp ahead of the opening of its first clad pipe manufacturing plant on Friday, April 26, 2013 in Euclid, Ohio. MesoCoat to Work With Nation's Top Organization for Materials Joining and Welding
GlobeNewswire - Wed Apr 17, 8:00AM CDT
Abakan Inc. (OTCQB: ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets, today announced that its subsidiary MesoCoat has engaged EWI, the world leader in welding and allied technologies, to accelerate manufacturing scale-up of its CermaClad(TM) clad pipes. EWI will bring its world-renowned expertise to the project and provide simulation and controls development services to support the development of manufacturing process specifications and non-destructive testing procedures, followed by bimetallic pipe welding and joining process qualification. Abakan Contracts to Build Large-Scale Clad Pipe Facility in Brazil
GlobeNewswire - Mon Apr 08, 3:00PM CDT
Abakan Inc. (OTCQB: ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets, today announced that it has entered into a memorandum of understanding with Cone S.A. for construction of a manufacturing facility to suit large-scale clad pipe manufacture inside the new Suape Export Processing Zone ("Suape EPZ" in Pernambuco State, Brazil. The facility will help meet the demand for corrosion-resistant clad pipe to enable the safe and efficient production of oil in Brazil, where more than 80 percent of oil fields are highly sour. CermaClad(TM) Clad Pipes Win Pipeline Industries Guild's "Subsea Pipeline Technology of the Year" Award
GlobeNewswire - Mon Apr 01, 8:18AM CDT
Adding to an already impressive collection of innovation and technology awards, Abakan Inc. (OTCQB: ABKI) ("Abakan"
today announced that its proprietary CermaClad(TM) clad pipe product was awarded the coveted "Subsea Pipeline Technology of the Year" award by the Pipeline Industries Guild. MesoCoat, an Abakan subsidiary that developed the CermaClad(TM) technology, received the award at the Pipeline Industries Guild National Dinner in London on March 12. Abakan Adds World-Renowned Welding Expert Damian Kotecki to Board of Advisors
GlobeNewswire - Tue Mar 05, 7:30AM CST
Abakan Inc. (OTCQB:ABKI) ("Abakan" or the "Company"
, an emerging leader in the advanced coatings and metal formulations markets, today announced the appointment of welding industry expert Dr. Damian Kotecki, Ph.D., PE to its Board of Advisors. Dr. Kotecki brings 43 years of welding expertise as well as his extensive technical and business network to the Board of Advisors, as Abakan transitions its CermaClad(TM) large-area cladding technology into full commercial production. Dr. Kotecki's extensive experience in welding research, pipeline failure analyses, welding training and specifications, welding procedure development, quality assurance and stainless/high-alloy welding filler metal and product development will help assure the company's CermaClad(TM) products incorporate the highest levels of technical excellence. Abakan Subsidiary MesoCoat Expands Executive Team With Appointment of New Chief Operating Officer
GlobeNewswire - Tue Feb 05, 10:47AM CST
Abakan Inc. (OTCQB:ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets, today announced that its subsidiary MesoCoat has appointed Richard J. Burns as its new Chief Operating Officer. Effective immediately, Mr. Burns will oversee all internal operations including building company infrastructure and developing a creative, high-performance corporate culture. 
