News Hub | News Direct

All Industries


Article thumbnail News Release

CleanTech Lithium chairman assures that it is business as usual following CEO's resignation

CleanTech Lithium PLC

CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF) executive chairman Dr Steve Kesler joined Proactive's Stephen Gunnion after stepping into the role of interim CEO role following the resignation of Aldo Boitano for failing to disclose a loan that used his holding in the Chile-focused group as collateral. Despite Boitano's resignation, Kesler assured shareholders that the company’s projects in Chile, including drilling, hydrogeology, pilot plant operations, and environmental work, will continue unaffected. Kesler, with over 30 years of experience in the Chilean mining industry, anticipates a seamless transition. Boitano will continue as a consultant during this transition period, maintaining key relationships. CleanTech Lithium is also preparing for an ASX listing and searching for a new CEO to support this effort. Kesler said the company has made significant advancements in lithium production, achieving a milestone by producing lithium chloride through their direct lithium extraction process. Current efforts are focused on refining this product at the pilot plant to achieve battery-grade lithium carbonate, which they plan to ship for conversion in Chicago soon. Kesler indicated that substantive discussions with potential off-takers would begin post the completion of the Pre-Feasibility Study (PFS) to demonstrate the resource size and economics. Regarding market dynamics, despite fluctuations in lithium prices, Kesler said he is confident that CleanTech Lithium's operational costs position them advantageously. They anticipate maintaining profitability under various price scenarios, supported by a cost structure significantly lower than current market prices. Contact Details Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

April 16, 2024 07:10 AM Eastern Daylight Time

Video
Article thumbnail News Release

Crossword Cybersecurity reports strong performance of cybersecurity monitoring service in Caribbean

Crossword Cybersecurity PLC

Crossword Cybersecurity PLC (AIM:CCS) group managing director Stuart Jubb tells Proactive's Stephen Gunnion that the company's Nightingale cybersecurity monitoring service performed well in the first quarter after expanding into the Caribbean. Jubb told Proactive the company has established a partnership with a local cybersecurity firm founded by entrepreneurs, addressing a significant gap in cybersecurity support in the region. This partnership has led to significant contracts with major companies in the Caribbean, enhancing Crossword's presence and reputation locally. Nightingale is a monitoring software installed in data centres to oversee laptops and PCs, providing early warnings of any unusual access patterns, which can indicate potential security threats. This service is becoming increasingly crucial as Caribbean countries, with growing international business interests and natural resources, begin to recognise the importance of cybersecurity. The local partner, now a preferred security provider, is also offering consultancy services, aiding companies in developing comprehensive cybersecurity strategies. This approach mirrors Crossword's successful strategies in other markets, with plans to replicate this model in additional English-speaking and Commonwealth countries. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

April 16, 2024 07:08 AM Eastern Daylight Time

Video
Article thumbnail News Release

KEFI Gold and Copper chairman says 'stars are aligning' with gold at $2,400

KEFI Gold and Copper PLC

KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF) executive chairman Harry Anagnostaras-Adams tells Proactive's Stephen Gunnion that "the stars are aligning" as gold continues to reach record highs as the company prepares to trigger production at its Tulu Kapi gold project in Ethiopia. Gold at around $2,400 per ounce aligns perfectly with KEFI's plans to commence construction. This historic high in gold prices is expected to greatly enhance the company's net cash flow, with projections reaching around $90 million after expenses, Harry Anagnostaras-Adams said. In Ethiopia, where production is expected to start within two years, the impact is most immediate and substantial, enhancing project economics significantly. Its Saudi Arabian projects, while further behind, are expected to see similar benefits in the longer term. Anagnostaras-Adams also highlighted industry trends, noting consolidation among African gold developers and predicting a positive knock-on effect on acquisitions and asset trading due to increased cash flows for producers. Discussing the future, he remained cautiously optimistic about maintaining high gold prices, bolstered by strong historical demand and current geopolitical tensions. Anagnostaras-Adams concluded with updates on project approvals and progress in Ethiopia and Saudi Arabia, underscoring compliance with timelines and the beneficial effects of current commodity prices on KEFI's operations. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

April 16, 2024 07:06 AM Eastern Daylight Time

Video
Article thumbnail News Release

Tharisa PLC CEO discusses solid Q2 performance and innovative energy storage solution

Tharisa PLC

Tharisa PLC (LSE:THS, JSE:THA, OTC:TIHRF) CEO Phoevos Pouroulis takes Proactive's Stephen Gunnion through the company's second-quarter production performance and future prospects. While Tharisa reported a slight decrease in chrome concentrate production to just over 400,000 tonnes, Pouroulis said the company remains on track to meet its annual guidance of 1.7 to 1.8 million tonnes. PGM production remained steady at 35.3 thousand ounces, with full-year guidance set at 145 to 155 thousand ounces, requiring improved recovery in the second half. Progress was made at the Karo platinum project in Zimbabwe, with construction continuing despite a slowdown in capital expenditure, awaiting the finalisation of project financing. Pouroulis also highlighted Tharisa's innovation strategy with the official launch of Redox One, a chrome iron redox flow battery technology for grid-scale, long-duration energy storage, developed from the company's chrome concentrate. The technology, aimed at decarbonizing the company's footprint, supports the use of renewable energy beyond daylight hours. The CEO also discussed a $5 million share repurchase programme, taking advantage of the impact of depressed PGM prices on the company's share price. The interview concluded with a reflection on the company's 10th anniversary of Tharisa's JSE listing and a positive outlook for the third quarter, focusing on improved PGM recoveries. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

April 16, 2024 07:03 AM Eastern Daylight Time

Video
Article thumbnail News Release

OneMeta Inc. (OTCQB: ONEI) Breaks Barriers with Language AI

ONEI

Artificial Intelligence (AI) is reshaping the global economic landscape, driving productivity, global growth, and income worldwide, according to the International Monetary Fund. As AI technology becomes increasingly prevalent across various industries, several AI stocks are positioned to benefit from this transformation. Companies are leveraging AI to boost productivity and maintain a competitive edge, with applications in software development, customer service, pharmaceutical research, and creative design. The Natural Language Processing (NLP) market is experiencing rapid growth, projected to reach $36.42 billion in 2024 with a CAGR of 27.55% between 2024 and 2030. The United States leads this market, boasting the largest market size. OneMeta Inc. (OTCQB: ONEI) is making notable strides in the NLP segment. OneMeta specializes in multilingual enablement, aiming to break down communication barriers across a world that speaks over 7,100 languages. Utilizing proprietary end-to-end NLP architecture developed through generative AI, OneMeta’s technology can synthesize, translate, and transcribe spoken and written words in less than one second. Last year, OneMeta announced the launch of VerbumCall, an AI-powered phone-to-phone language translation service that boasts an impressive accuracy rate of over 94%. VerbumCall leverages OneMeta’s proprietary VerbumOS, or the Adaptive Multilingual Recognition System, to generate precise translations and transcripts across 152 languages in less than a second. This service has broad applications, including healthcare, education, government, geopolitical, and customer service call centers, potentially transforming industries and fostering a more connected world. OneMeta Inc. (OTCQB: ONEI) Partners With Microsoft Corp. (NASDAQ: MSFT) OneMeta achieved a major milestone in early 2024 when the company partnered with Microsoft to integrate OneMeta's technology into Microsoft Teams. This collaboration allows users of Microsoft Teams to communicate in over 140 languages simultaneously, offering seamless translation and transcription capabilities. As a result, OneMeta's Verbum software was listed on the Microsoft Azure Marketplace and the Microsoft AppSource Marketplace, expanding the company’s market presence and accessibility to potential customers. Additional Recently, ONEI expanded its presence on Microsoft’s corporate websites by listing its Verbum software on the Teams Store, AppSource Marketplace, Azure Marketplace, and Microsoft’s documentation library. This strategic move allows Microsoft Teams Enterprise users to easily access OneMeta's multilingual solutions, further promoting the adoption of the company's offerings. Move to OTCQB Further demonstrating the company’s growth, OneMeta announced ONEI was approved to move up to the OTCQB venture market on March 5, 2024, allowing more brokerage firms to buy and sell the company's common shares. This uplisting provides OneMeta with increased liquidity and strengthens its position as an SEC reporting company committed to keeping its shareholders informed. OneMeta Strengthens Leadership OneMeta's leadership team has been bolstered by the addition of Roy H. Chestnutt to its board of directors. Chestnutt brings a wealth of experience in operations, corporate strategy, and business development, particularly from his time as Executive Vice President and Chief Strategy Officer at Verizon. His extensive background in the telecommunications industry positions OneMeta for growth in the competitive AI market. In addition to Chestnutt, ONEI also appointed Tim Fisher as Senior Vice-President of Sales. Fisher’s transformational sales expertise spans over three decades across multiple industry verticals, including banking, insurance, healthcare, and retail. His strategic enterprise sales experience and track record of achieving substantial revenue growth make him a valuable asset to the company. OneMeta Inc. (OTCQB:ONEI) presents significant potential as an AI stock to watch, particularly due to its cutting-edge technology in NLP and real-time language solutions. The company's partnership with Microsoft and its uplisting to the OTCQB venture market position ONEI as an emerging player in the rapidly evolving AI landscape. Investors may want to monitor OneMeta's progress as it leverages these developments to break down language barriers and advance global communication. Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, or assumptions of future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or due to the speculative nature of the companies profiled. Capital Gains Report (CGR) is responsible for the production and distribution of this content. CGR is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. CGR has been retained by Awareness to produce and distribute this content related to ONEI. As part of that content, readers, subscribers, and webs are expected to read the full disclaimers and financial disclosure statement that can be found on our website capitalgainsreport.com All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. CGR is not a fiduciary by virtue of any persons use of or access to this content. Contact Details CapitalGainsReport Mark McKelvie +1 585-301-7700 markrmckelvie@gmail.com

April 16, 2024 06:00 AM Eastern Daylight Time

Article thumbnail News Release

Bitget Expands Offerings by Listing Parcl(PRCL) In Solana Ecosystem and RWA Zone

Bitget

Bitget, the world's leading cryptocurrency exchange and Web3 company, announces the listing of Parcl(PRCL) in its Solana Ecosystem and RWA Zone, a groundbreaking decentralized exchange (DEX) designed specifically for navigating the global real estate markets through perpetual futures. Parcl, developed by Parcl Labs, offers users the opportunity to gain price exposure to real-world cities such as Miami Beach and New York, utilizing cutting-edge, real-time price feeds. With Parcl, users can immerse themselves in the dynamic world of real estate trading like never before, all within a decentralized and secure environment. Parcl's innovative City Indexes serve as a cornerstone feature, looking to revolutionize the way users interact with real estate assets. Unlike traditional trading platforms that focus on individual properties, Parcl's City Indexes aggregate the value of real estate within specific cities. Users can now access index prices that represent the median price per square foot (price/sqf) or square meter (price/sqm), offering diversified exposure to entire city real estate markets. Bitget is enhancing its presence in the spot market through a focused strategy on strengthening early-stage projects that show significant potential. This method allows more cryptocurrencies to gain visibility upon their introduction on Bitget. This approach has solidified Bitget’s position as a leader in offering a diverse range of asset options, with 186 new listings introduced in the current quarter. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, users can visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet Contact Details PR Team media@bitget.com Company Website https://www.bitget.com/

April 16, 2024 05:05 AM Eastern Daylight Time

Article thumbnail News Release

HTX Ventures Partners with Core Venture Network to Empower Core Chain Innovators

HTX Ventures

HTX Ventures today becomes a part of the Core Venture Network (CVN) and joins Core as an ecosystem partner, marking a new chapter in the ecosystem's commitment to fostering innovation and supporting developers on the Core Chain. "This partnership represents a pivotal moment for HTX Ventures and the Core Chain ecosystem. As the global powerhouse of HTX, HTX Ventures aims to identify and discover the best and most innovative projects in the market. With over 10 years of history, HTX Ventures offers valuable services such as incubation, investment, listing and consultancy support to Core’s vibrant community of innovators and builders," said Edward, Managing Partner at HTX Ventures. "Our collaboration represents a fusion of expertise and resources aimed at unlocking new opportunities for growth and innovation within the Core Chain." In collaboration with Core Ventures, the Core Venture Network offers strategic assistance to builders and projects on the Core Chain through financial backing, advisory services, and industry connections. "Collaborating with HTX Ventures is a strategic step towards enhancing the support system for our developers and entrepreneurs," said Brendon Sedo, an Initial Contributor at Core Chain. “HTX Ventures' track record of successful investments in blockchain technology aligns perfectly with our mission to foster a thriving, innovative ecosystem." Renowned for its astute investments in cutting-edge projects like Pyth, Optimism, and Arbitrum, HTX Ventures brings a wealth of experience and expertise to the Core ecosystem. The inclusion of HTX into the Core ecosystem is a testament to the network's dedication to excellence and continuous effort to enhance resources for its community of developers and entrepreneurs. Developers and entrepreneurs interested in exploring funding opportunities and bringing their innovations to life are encouraged to visit Core Chain’s website and submit an application. About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures currently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including Dragonfly, Bankless Ventures, Animoca, Shima, and IVC. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures About Core Venture Network The Core Venture Network is dedicated to supporting the growth and development of the Core Chain ecosystem, providing essential resources and guidance to its community of developers and innovators. About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures presently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most vigorous Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including IVC, Shima, and Animoca. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures

April 16, 2024 03:57 AM Eastern Daylight Time

Article thumbnail News Release

Premier African Minerals advances Zulu lithium and tantalum project, raises £2 million

Premier African Minerals Ltd

Premier African Minerals Ltd (AIM:PREM, OTC:PRMMF) chief executive George Roach provides an update on the Zulu lithium and tantalum project in Zimbabwe alongside news of a £2 million fundraising. Roach told Proactive's Stephen Gunnion the company has made progress in addressing some design issues within the project, enhancing the efficiency of material processing for the floatation plant. Roach detailed upcoming modifications to the plant's plumbing, expected to resolve remaining challenges, particularly in the flotation section, aimed at improving recovery rates. These modifications are part of the project's final stages before commissioning. In addition to operational updates, Premier African Minerals has raised £2 million through the issuance of new shares, as well as a $300,000 working capital facility with a local lender in Zimbabwe. Roach said the funds are designated for working capital, supporting the mining operation's considerable expenses, including diesel for power generation and mining costs, as the project advances towards an anticipated production rate of over 70,000 tonnes per month. Investors are advised to look for upcoming milestones, particularly improvements in the flotation process expected to enhance production tonnages. The company remains focused on resolving the final challenges of the flotation plant to reach its production goals. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

April 16, 2024 03:20 AM Eastern Daylight Time

Video
Article thumbnail News Release

Bluebird Merchant Ventures: advancing gold mines in the Philippines and South Korea

BlueBird Merchant Ventures Ltd

BlueBird Merchant Ventures Ltd (LSE:BMV) executive director Aidan Bishop updates Proactive's Stephen Gunnion on the three gold mines the development company plans to bring into production. The company's projects include the Batangas Gold Project in the Philippines, where the company originated, and two historic mines in South Korea, the Kochang and Gubong projects. Currently, these mines are in the permitting process, with feasibility studies completed. The Gubong project, once South Korea's second-largest gold mine, is notably larger, and discussions are ongoing for a local joint venture partnership to advance this project. Bishop emphasized the critical importance of local partners in navigating permitting processes, understanding local customs and issues, and contributing capital. For the Batangas project, a local partner is funding key milestones towards production, including obtaining an environmental compliance certificate and completing a declaration of mining project feasibility. Reopening the South Korean mines is viewed as cost-effective, with potential for significant gold reserves. The company aims to become a 100,000-ounce-per-year gold producer, leveraging the reported potential for over a million ounces at Gubong and the upside at Kochang. Short-term milestones include advancing environmental and mining feasibility studies at Batangas, awaiting the Board of Audit and Inspection's decision for Kochang, and finalizing a joint venture agreement for Gubong. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

April 16, 2024 03:10 AM Eastern Daylight Time

Video
1 ... 261262263264265 ... 3750