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HTX Ventures Invests in Tomo to Support SocialFi Innovations

HTX Ventures

In a move that underscores its commitment to broadening the reach and usability of Web3 technologies, HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in Tomo. This all-in-one social wallet platform is poised to redefine the landscape of digital social interactions and content monetization. Tomo stands at the forefront of the SocialFi movement, providing content creators and their followers a decentralized platform that merges social interaction with financial empowerment. With an ecosystem built on blockchain technology, Tomo introduces an effective marketplace for influencers to monetize content directly, thanks to its blockchain-powered financial incentives. The platform boasts several unique features designed to deepen user connections and leverage digital networks for value creation. These include Tomoji for personalized interactions, TomoID for seamless user identification, a Web3 social wallet for secure transactions, Keys for equitable social media monetization, and more. Expanding its creative horizon, Tomo recently launched the ERC404 Meme Launchpad on Base chain, named Tomoji. In collaboration with Sean Kyah Koons, they introduced their premier dragon-themed collection, 'LONG'. Tomoji allows for the fractionalization of NFTs, thereby enhancing market liquidity and offering a more flexible approach to ownership. Within the Tomoji launchpad, Tomojis provide seamless minting, gifting, and trading capabilities, giving users an intuitive and interactive platform to engage with digital art. Edward, Managing Partner at HTX Ventures, emphasized the strategic fit of Tomo within the Web3 landscape: “Our investment in Tomo is driven by our belief in the transformative potential of SocialFi to redefine user engagement on social platforms. Tomo stands out by embedding financial incentives into social interactions, thus realigning the value distribution between creators and their audience. This not only introduces a vast new user base to Web3 but also pioneers a fairer and more transparent model for social media monetization.” Recently securing a $3.5 million seed funding round led by Polychain Capital, Tomo is poised to accelerate its technological advancements and bridge the existing divide between conventional social media and the burgeoning Web3 ecosystem. This capital infusion will fuel Tomo’s mission to cultivate a transparent marketplace for social capital, ensuring creators and users alike are rewarded for their contributions to the digital community. About Tomo Tomo is an all-in-one Web3 social app that transforms users’ online presence into a universal social wallet, fostering genuine, spam-free connections and financial incentives. Tomo lets users engage directly with creators, participate in private discussions, and explore the new generation of digital art with Tomoji. Active participation earns users Tomo Points, enhancing your social capital. Join Tomo, where your social capital is valued. Website - Blog - Docs - X (formerly Twitter) - Web Beta - iOS app - Android app - LONG 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. Website | X Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures 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 11, 2024 10:07 PM Eastern Daylight Time

News Release

Generation Uranium Announces the Upsizing of the Private Placement and the Closing of $1,000,000 in First Tranche.

Generation Uranium Inc

Vancouver, British Columbia, Canada, April 11, 2024 – TheNewswire – Generation Uranium Inc. (the “Company” or “Generation”), (TSXV: GEN) is pleased to announce that it has increased the size of its non-brokered private placement (the "Private Placement" or “Offering”) of 4,000,000 Units, made public on SEDAR on March 15, 2024, to 5,000,000 Units for anticipated aggregate proceeds of CAD$1,250,000. The first of two tranches of the Private Placement closed with the issuance of 4,000,000 Units, each consisting of one Common Share of the Company and one Common Share Purchase Warrant at a price of $0.25 per Unit, for aggregate proceeds of CAD $1,000,000. Each Purchase Warrant is exercisable into one Common Share at an exercise price of $0.45 per share at any time up to 24 months following the closing date. A large natural resource fund out of New York and Toronto is one of several subscribers participating in the Offering. Additionally, the Company maintains a Warrant Acceleration option allowing Generation to accelerate the expiry date of the Warrants if the daily trading price of the Common Shares on the TSX Venture Exchange is greater than $0.70 per Common Share for the preceding 10 consecutive trading days. As part of the closing, Generation will compensate the Finding Agent with a commission of 4.0% cash and 4.0% Purchase Warrants based on the gross proceeds of the Offering, and will receive such number of broker warrants as is equal to 8.0% of the number of Units sold under the Offering. All securities issued and including Warrants will be subject to a four (4) month holding period. The Company intends to use the net proceeds to help define new drill targets on the Yath Project, a high-grade uranium property situated in the Thelon Basin in Nunavut, Canada, and general working capital. Visit our investor presentation and website for additional information. FOR FURTHER INFORMATION CONTACT Anthony Zelen President and Chief Executive Officer admin@generationuranium.com 778-388-5258 About Generation Uranium The Company is a natural resource company engaged in the exploration and development of mineral properties. The Company holds a 100% interest in the Yath Uranium Project, located in the Territory of Nunavut. Forward-Looking Statements This news release contains certain forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of the Company’s exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.

April 11, 2024 06:00 PM Eastern Daylight Time

Trust Stamp secures full participant status in the United Nations Global Compact

T Stamp Inc

Trust Stamp Vice President Jonathan Patscheider joined Steve Darling from Proactive to unveil a significant milestone: Trust Stamp's acknowledgment as a full participant in the United Nations Global Compact. This prestigious recognition underscores the company's unwavering commitment to embracing sustainable and socially responsible practices, echoing the ethos of the Global Compact. Established in 2000, the United Nations Global Compact stands as a beacon for corporate sustainability endeavors on a global scale. With a reach extending across more than 160 countries, this voluntary initiative rallies businesses, NGOs, and various stakeholders toward the adoption of ethical policies and the transparent reporting of their execution. Trust Stamp's inclusion in this initiative signifies its dedication to embodying these principles. In his dialogue with Proactive, Patscheider emphasized Trust Stamp's diverse workforce, comprised of individuals representing 22 nationalities across four continents. This global perspective underscores the company's mission to foster both societal and financial inclusion through the implementation of cutting-edge AI-powered technologies. Central to the United Nations Global Compact are its Ten Principles, rooted in universally accepted standards pertaining to human rights, labor, environmental stewardship, and anti-corruption measures. Serving as a guiding framework, these principles empower companies to harmonize their operational strategies with broader societal aspirations, particularly the United Nations Sustainable Development Goals. As Trust Stamp embarks on this journey as a full-fledged participant in the United Nations Global Compact, it not only reaffirms its dedication to corporate responsibility but also positions itself as a catalyst for positive change on a global scale. Through collaborative efforts and innovative solutions, Trust Stamp strives to contribute meaningfully to the advancement of sustainable development and societal progress. Contact Details Proactive USA +1 347-449-0879 na-editorial@proactiveinvestors.com

April 11, 2024 04:05 PM Eastern Daylight Time

Video

Hillcrest Energy signs key partnership with BC Hydro subsidiary Powertech for Grid inverter testing

Hillcrest Energy Technologies

James Bolen, the Chief Commercialization Officer of Hillcrest Energy Technologies, joined Steve Darling from Proactive to share exciting news about the company's collaboration agreement with Powertech Labs. Powertech Labs, a 100%-owned subsidiary of BC Hydro, is based in Surrey, British Columbia, and boasts over 200 employees. Under this agreement, Powertech Labs will provide testing and consulting services to support Hillcrest in the development and validation of its ZVS inverter technology for grid-connected applications. Bolen expressed enthusiasm for the collaboration, emphasizing that partnering with Powertech Labs represents a significant step forward in bringing Hillcrest's grid inverter technologies to market. Leveraging Powertech Labs' state-of-the-art test facilities, experienced experts, and extensive industry relationships, Hillcrest aims to accelerate the development and validation process for its ZVS technology. Hillcrest's ZVS (Zero Voltage Switching) technology is poised to set a new industry standard for grid-connected power inverters. With its focus on unparalleled efficiency, performance, and reliability, the ZVS technology promises to enhance power quality, minimize harmonics, and reduce current distortion injected into the grid. This improvement not only benefits grid operators by requiring less effort and reducing system costs but also provides strategic advantages in system design and operation, including improved energy output predictability and stability. The collaboration with Powertech Labs represents a significant milestone for Hillcrest Energy Technologies as it progresses towards commercializing its innovative ZVS inverter technology and revolutionizing grid-connected applications. Watch the full interview for more insights into Hillcrest's partnership with Powertech Labs and the potential impact of its ZVS technology on the energy sector. Contact Details Proactive North America Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

April 11, 2024 03:59 PM Eastern Daylight Time

Video

Global Energy Metals planning extensive field work in 2024 with at Monument Peak Project in Idaho

Global Energy Metals Corp

Global Energy Metals CEO Mitchell Smith joined Steve Darling from Proactive to unveil an ambitious exploration strategy slated for the summer of 2024 at the Monument Peak Copper-Silver-Gold Project in Idaho. Monument Peak, encompassing 84 claims, stands as a promising exploration endeavor characterized by its high-grade copper-silver-gold potential in a region renowned for its mining prospects. Highlighting a re-evaluation of historical and contemporary data, including insights gleaned from fieldwork conducted by Dahrouge Geological Consulting, the company revealed a compelling new geological model that merits further scrutiny. Smith elaborated to Proactive on the rationale behind the exploration strategy, citing parallels between the geological characteristics of the Monument Peak area and the Western Montana Copper Belt. Recognizing these similarities in the style and age of copper and silver mineralization, Global Energy Metals aims to validate the grades, thickness, and mineralization style at Monument Peak ahead of drilling activities. The upcoming spring/summer exploration campaign will entail a comprehensive surface mapping initiative, augmented by the systematic collection of additional rock samples informed by previous reconnaissance efforts. This meticulously planned approach seeks to refine exploration targets and enhance the understanding of the economic viability of the identified mineral zones. By leveraging advanced geological insights and employing a methodical exploration methodology, Global Energy Metals endeavors to unlock the full potential of the Monument Peak project. Through targeted exploration activities, the company aims to delineate high-value mineralization zones, ultimately advancing towards sustainable and economically viable mining operations. This strategic pursuit underscores Global Energy Metals' commitment to responsible resource development and its vision of contributing to the long-term prosperity of the mining industry and local communities alike. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 11, 2024 03:45 PM Eastern Daylight Time

Video

Polymetals Resources' Endeavor Mine gears up for profitable restart

Polymetals Resources Ltd

Polymetals Resources Ltd (ASX:POL) chairman David Sproule joins Proactive to discuss the restart of the Endeavor Mine near Cobar in central New South Wales. Thanks to rising metal prices, the mine's financial prospects have soared, with a 28% increase in pre-tax net present value (NPV), now at US$257 million, and an internal rate of return (IRR) reaching 120%. Sproule delves into the significant impact of strengthened lead, zinc and silver prices on the mine's economics. The silver price, hitting a decade-high above A$42.50 per ounce, is particularly noteworthy as it propels the mine's near-term operations, especially with the planned extraction of more than five million ounces of high-grade silver ore from the Upper Main Lode in the first three years. Sproule also covers the ongoing mine plan optimisation revealing new ore sources, potentially boosting the updated ore reserve. Furthermore, he sheds light on the upcoming announcement regarding the Environmental Rehabilitation Bond exchange solution, crucial for advancing the project's financing and strategic partnerships. Sproule shares insights into how these developments are shaping the future of the Endeavor Mine, setting the stage for a robust and profitable recommencement of operations. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

April 11, 2024 03:30 PM Eastern Daylight Time

Video

Boadicea Resources embarks on biggest drill program in its history

BOADICEA RESOURCES LIMITED

Boadicea Resources Ltd (ASX:BOA) chair and managing director Cath Norman joins Jonathan Jackson in the Proactive studio to discuss the company’s most extensive drilling campaign in its history with the aim of uncovering major lithium and nickel deposits in Western Australia. Norman talks about BOA's strategic pivot towards exploring nickel, lithium and gold, capitalising on Western Australia's rich mining landscape. BOA holds 15 strategic tenements across the Lake Johnston, Eastern Goldfields and Fraser Range areas and is set to start drilling at three lithium projects in Lake Johnston and Eastern Goldfields, followed by nickel exploration in Fraser South, near the lucrative Nova-Bollinger mine. Norman sees 2024 as a transformative year, with BOA fully funded for exploration. The company's collaboration with industry giant IGO Ltd underscores its ambition to discover the next big nickel deposit. The company has a revamped board and a prime exploration portfolio and believes it is poised to deliver substantial value to its shareholders. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

April 11, 2024 03:15 PM Eastern Daylight Time

Video

Celsius Resources receives permit extension for Sagay Copper Project

CELSIUS RESOURCES LIMITED

Celsius Resources Ltd (ASX:CLA LON:CLA) CEO Peter Hume sits down with Jonathan Jackson to discuss permitting for its Sagay Copper Project in Negros, Philippines. Celsius, through its Philippine subsidiary Tambuli Mining Company (TMCI), has achieved a crucial milestone with the exploration permit extension, paving the way for potential approval of the Declaration of Mining Project Feasibility (DMPF). Hume sheds light on the DMPF's current status, under review by the Philippine Mines and Geosciences Bureau, and its impact on the company’s operations and future mineral agreements with the Philippine Government. Additionally, Hume discusses the comprehensive Environmental Impact Assessment underway for the Sagay Project. This assessment is key to obtaining the Environmental Compliance Certificate, a critical step for the DMPF approval. He emphasises Celsius Resources' commitment to environmental stewardship, mirroring their responsible approach in the Maalinao-Caigutan-Biyog (MCB) Project. Hume explains how Celsius is navigating regulatory and environmental challenges, ensuring the sustainable and safe development of the Sagay Project. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

April 11, 2024 03:10 PM Eastern Daylight Time

Video

Provaris Energy to develop hydrogen import terminal with GES

PROVARIS ENERGY LTD

Provaris Energy Ltd (ASX:PV1) CEO Martin Carolan sits down with Proactive’s Jonathan Jackson to discuss its collaboration with Global Energy Storage (GES) to develop a gaseous hydrogen import terminal in Rotterdam. GES is recognised for its development of a versatile import terminal capable of handling ammonia and hydrogen in various states, aligning seamlessly with Provaris’s objectives. The collaboration involves a pre-feasibility study (PFS) to assess the economic and technical feasibility of employing Provaris’s H2Neo compressed hydrogen carriers. This study will look at establishing a sustainable hydrogen supply chain to the European market. Carolan highlights the synergy between Provaris’s innovative transport solutions and GES’s terminal development expertise, aiming to enhance green hydrogen availability for European industrial consumers. This partnership is set to deliver a scalable hydrogen import solution, promoting energy transition in Europe. The next steps include finalising the PFS and developing a marketing strategy for the terminal, where Provaris will manage hydrogen transportation using H2Neo carriers and GES will oversee the terminal’s discharge and integration into the hydrogen grid. This initiative marks a significant step towards a cost-effective and sustainable hydrogen economy in Europe. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

April 11, 2024 03:00 PM Eastern Daylight Time

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