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Itaconix CEO outlines future growth despite short-term revenue setback

Itaconix PLC

Itaconix PLC CEO John Shaw joins Proactive's Stephen Gunnion with details of a trading update, released after the company was unable to reach satisfactory commercial terms with one of its major existing merchandising customers in North America for supply in 2024. Shaw highlighted this move as a significant short-term revenue loss but framed it as a positive step towards reducing dependency and fostering a healthier business relationship. He stressed that despite this change, the company remains optimistic about its future, aiming to become a "$100 million company" without operating out of fear. The relationship with the said customer remains amicable, with Shaw sharing personal anecdotes to underline their close ties. Looking forward, Shaw discussed Itaconix's focus on leveraging the value of its ingredients for future consumer products, indicating a robust pipeline of opportunities in North America and Europe. He concluded by noting that the company's final results will be announced later in April, expressing excitement for the company's growth prospects. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

April 02, 2024 01:11 PM Eastern Daylight Time

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Nevada Lithium CEO Discusses Industry Prospects and Bonnie Claire Project Advancements

Nevada Lithium Resources Inc

Nevada Lithium CEO Stephen Rentschler joined Steve Darling from Proactive talk about the company's efforts to educate stakeholders about the lithium industry and its operations. Rentschler highlighted his engagements at key industry events, emphasizing the growing interest in lithium despite past price volatility. He discussed the novelty of the lithium industry and the widespread lack of understanding about different types of lithium deposits, such as brines, hard rocks, and sedimentary deposits. Nevada Lithium aims to educate investors about these differences and the supply-demand dynamics crucial for industry growth. Recent drill results from the Bonnie Claire project have revealed high-grade lithium mineralization, indicating significant potential for Nevada Lithium. However, Rentschler noted that market response has been muted, possibly due to the focus on lithium spot price fluctuations. He also discussed the impact of recent major industry and governmental developments, such as the U.S. government's construction loan for Sacra Pass and a joint venture between Mitsubishi and a Canadian lithium producer, on investor sentiment and the market. Rentschler believes the lithium industry is at a tipping point, with a mismatch between supply and demand poised to drive future price increases and enhance the value of lithium projects. He emphasized Nevada's strategic position and the Bonnie Claire project's significant resources and grade improvements, as well as the state's support for lithium extraction. His goal is to bridge the knowledge gap among investors and stakeholders, providing clarity on the lithium market's trajectory and Nevada Lithium's role within it. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 02, 2024 01:05 PM Eastern Daylight Time

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Ethereum Could Hit $14K in 2025 As per Standard Chartered, Ali Martinez Predicts Bitcoin Will Reach $72K; KangaMoon Price Surges

Kangamoon

In recent times, Ethereum (ETH) has been the talk of the town. According to a Standard Chartered prediction, it could reach an impressive $14,000 in 2025. Meanwhile, analyst Ali Martinez foresees Bitcoin (BTC) reaching $72,880. KangaMoon (KANG) is also making headlines as a meme coin in Stage 4 of its presale and analysts predict it will hit $1 in 2024. An Ethereum Price Prediction by Standard Chartered Recently, Ethereum (ETH) has been on the rise. As per CoinMarketCap data, the Ethereum price surged from $2,947 to $3,467 over the last 30 days. In that time, its market cap also rose from $354B to $416B. According to Standard Chartered, the Ethereum ETF approval may push its value to $8,000 in 2024 and $14,000 in 2025. In the next two years, Ethereum is expected to perform at or surpass Bitcoin. The Ethereum crypto also trades above its 100—and 200-day EMAs while boasting 25 green technical indicators. Thus, experts foresee ETH hitting $4,500 within Q2 of 2024. Ali Martinez with a Bullish Bitcoin Price Prediction Bitcoin (BTC) is another crypto that has been soaring recently. In fact, the Bitcoin price rose from $51,100 to $67,250 in the last month. During that period, its market cap increased from $1T to $1.31T. Analyst Ali Martinez predicts that Bitcoin may reach $72,880 soon. The technical analysis of the Bitcoin crypto also paints a bullish picture. For instance, BTC is now trading above its 100 and 200-day EMAs while having 26 technical indicators showing buy signals. For all these reasons, market analysts forecast Bitcoin to reach a value of $84,000 within Q3 of 2024. KangaMoon (KANG): On Pace To Hit $1 While Ethereum and Bitcoin dominate headlines, meme coins like KangaMoon (KANG) are also making waves. This rising presale star has already obtained over $3.4M and is projected to reach $4M before April ends. KangaMoon is preparing to release a play-to-earn (P2E) game that uses its native token, KANG. With KANG, players can buy in-game items and boost their characters’ abilities. This immediately sets KANG apart from 99% of meme coins, which have no utility. Because of this, KangaMoon could emerge as one of the best new meme tokens. What makes KangaMoon different is how they build community. Before its official launch, KangaMoon gives active members of its community free KANG coins through engagement on various social media platforms. In other words, if you share, like or comment on KangaMoon’s social media posts, you may win free KANG before its launch. Currently, in Stage 4 of its presale, KANG has a value of $0.014 - up 180% from its starting price of $0.005. According to experts, this meme coin could be worth around $1 in Q2 of 2024 as a Tier-1 CEX listing is coming..They also base this prediction on KangaMoon’s ties to the P2E games market which Yahoo Finance projects will reach $885M by 2028. Will KangaMoon Pump Faster Than Ethereum and Bitcoin? Currently, KangaMoon has a market cap of $14M. With such a low market cap, KANG has a good chance of faster and more notable growth than Ethereum and Bitcoin. Because of this, KANG could become the next member of the meme coin titans. If interested in this presale, follow the links below and obtain a 10% bonus on each purchase. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://Kangamoon.com/ Join Our Telegram Community: https://t.me/Kangamoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

April 02, 2024 12:02 PM Central Daylight Time

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Hive Digital Technologies' Strategic Alliance with NVIDIA: A Leap Towards Digital Transformation

HIVE Digital Technologies

Hive Digital technologies Executive Chairman Frank Holmes joined Steve Darling from Proactive to share details about the company's engagement with NVIDIA, a pivotal player in the GPU market, particularly in Ethereum mining and the broader digital transformation landscape. Holmes highlighted Hive's substantial investments in NVIDIA's powerful GPU chips, initially for mining Ethereum and other cryptocurrencies. However, the company has now pivoted towards building ultra-high-performance computing systems. This strategic shift has elevated Hive to a platinum buyer status of NVIDIA's H100 GPUs, indicating the strong relationship between the two firms. Beyond the commercial relationship, Holmes emphasized the broader impact of NVIDIA's technology across various sectors, drawing parallels between attending NVIDIA's event and Warren Buffett's Annual Meetings. NVIDIA's trillion-dollar valuation and the unprecedented computational power of its GPUs are seen as transformative for industries worldwide. Holmes advocated for the rapid adoption of such technologies, including GPT chat, to streamline business operations. Regarding Hive's performance, Holmes expressed optimism, particularly in Bitcoin mining, which has seen substantial gains amid Bitcoin's price surge. With over 2,100 Bitcoins on its balance sheet, Hive anticipates further growth, especially with its focus on green energy and preparation for Bitcoin's halving event. This strategic positioning is expected to strengthen Hive's standing in both the Bitcoin mining and AI sectors, with significant developments like Amazon's acquisition of a nuclear reactor for electricity highlighting the evolving dynamics in data center operations. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 02, 2024 01:00 PM Eastern Daylight Time

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Xalles announces subsidiary CashX partners with Fluid Tech to enhance Virtual Gift Cards

Xalles Holdings

Xalles Holdings subsidiary CashX CEO Stephen Combe joined Steve Darling from Proactive to announce an exciting partnership between the company's subsidiary, CashXAI, and Fluid Tech, a pioneer in virtual gift card technology and advertising platforms. This collaboration aims to revolutionize financial services by introducing virtual Gift Cards to CashX users. Combe explained to Proactive that through this partnership, CashX users now have the opportunity to purchase and send Fluid Tech's V-Cards, offering a unique and personalized way to gift. These virtual gift cards can be redeemed for a diverse range of nationally recognized brands, providing recipients with unparalleled convenience and choice. Furthermore, the initiative supports cause marketing by enabling a percentage of V-Card proceeds to be donated to charity, enhancing the social impact of every transaction. In addition to enhancing the gifting experience, the collaboration introduces a significant advertising platform to CashX's ecosystem. The platform features content from prominent companies such as P&G, Pepsi/Coke, and others, enriching the CashX service offering. This partnership not only benefits CashX users by providing access to a wider array of gift options but also opens new revenue streams for participating companies and merchants through increased visibility and engagement. Overall, the partnership between CashXAI and Fluid Tech represents a strategic move to enhance the financial services offered by CashX while providing users with innovative gifting solutions. By leveraging virtual Gift Cards and integrating a robust advertising platform, CashX is well-positioned to deliver value to both users and participating businesses, fostering growth and driving engagement within its ecosystem. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 02, 2024 12:58 PM Eastern Daylight Time

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Coniagas Battery Metals secures new key ground with focus on copper-nickel-cobalt-platinum

Coniagas Battery Metals

Coniagas Battery Metals CEO Frank Basa joined Steve Darling from Proactive to announce the company's strategic acquisition of key ground near SOQUEM’s Cardinal Property, located 80 km southeast of Chibougamau, Quebec. This acquisition underscores Coniagas’ commitment to capitalizing on high-grade copper-nickel-cobalt-platinum group element deposits in the region. Basa explained to Proactive that Coniagas has staked a total of 28.3 square kilometers of ground in multiple packages, with the new package containing 531 claims covering 28,397 hectares. This newly acquired property package, named Dartagnan, is strategically located with highway access to the southern part and a network of logging roads providing access to other areas. Additionally, Dartagnan South benefits from a power corridor leading to Chibougamau. By strategically staking ground adjacent to SOQUEM’s Cardinal Property, Coniagas has capitalized on local prospectors’ expertise and regional geological data, including magnetic features and lake sediment samples with anomalous base metals. This proactive approach underscores Coniagas’ dedication to identifying and securing promising exploration targets with the potential for significant mineralization. The acquisition of the Dartagnan property represents a significant milestone for Coniagas Battery Metals as it expands its footprint in a highly prospective mining region. With access to key infrastructure and leveraging geological data, the company is well-positioned to advance exploration efforts and unlock the potential of the Dartagnan property. In summary, Coniagas Battery Metals' strategic acquisition underscores its commitment to exploration and development in the Chibougamau region. The Dartagnan property presents exciting opportunities for the company to identify and develop high-grade copper-nickel-cobalt-platinum group element deposits, further enhancing its position in the battery metals sector. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 02, 2024 12:53 PM Eastern Daylight Time

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ARway.ai announces multiple new SaaS developer contracts in both the United States and Chile

ARway.ai

ARway.ai Chief Executive Officer Evan Gappelberg joined Steve Darling from Proactive to announce multiple new SaaS developer sign-ups for its augmented reality experience platform, focusing on AR indoor navigation. These partnerships represent significant milestones in ARway’s mission to revolutionize human interaction with physical spaces through augmented reality. Gappelberg explained that La Casa de Juana, a pioneering real estate platform based in Chile, has signed up for ARway's developer plan. La Casa de Juana specializes in offering comprehensive online services for evaluating and booking rental property tours. By leveraging ARway’s cutting-edge technology, they aim to prototype and introduce augmented reality real estate tours, enhancing their services and user experience. In addition, Navigine, a global provider of hardware-based indoor navigation and wayfinding software, headquartered in New York and Berlin, has joined forces with ARway. Navigine’s expertise in utilizing WiFi and Bluetooth technologies, along with its blue dot technology, offers indoor navigation experiences. With Navigine's specialization in indoor navigation through hardware and beacons, covering over 3,000 unique facilities, their collaboration with ARway signifies a significant advancement in providing innovative indoor navigation solutions to users worldwide. These partnerships underscore ARway’s commitment to expanding its capabilities and global reach, enabling augmented reality integration into everyday applications and revolutionizing the way people interact with physical spaces. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

April 02, 2024 12:51 PM Eastern Daylight Time

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Accelerating New Molecule Discovery: Rakovina Therapeutics AI Integration

Rakovina Therapeutics Inc

Rakovina Therapeutics President and Chief Science Officer Mads Daugaard and Dr. Art Cherkasov from the Vancouver Prostate Centre and UBC joined Steve Darling from Proactive to unveil an exciting collaboration agreement between Rakovina and Dr. Artem Cherkasov, granting exclusive access to the proprietary Deep Docking AI Platform for DNA-damage response targets. Dr. Cherkasov, who was appointed to Rakovina's scientific advisory board in November 2023, brings unparalleled expertise to the table. The collaboration aims to leverage the cutting-edge capabilities of the Deep Docking AI Platform, powered by advanced AI algorithms, to revolutionize the discovery and development of targeted cancer drugs. By harnessing the power of AI-driven molecular analysis, Rakovina can rapidly evaluate billions of molecular structures to identify potential candidates for targeted cancer therapy. This innovative approach enables the team to focus on DNA-damage response-related vulnerabilities, which are prevalent across various types of cancer. The Deep Docking AI Platform plays a pivotal role in this process, facilitating the rapid screening of billions of drug candidates against validated DNA-damage response targets. Through predictive modeling, the platform can assess safety, efficacy, and pharmaceutical properties, enabling Rakovina to prioritize the most promising candidates for further validation. With access to the Deep Docking AI Platform, Rakovina can expedite the drug discovery process, accelerating the transition from preclinical research to human clinical trials and potential pharmaceutical partnerships. By combining AI-driven molecular analysis with established R&D infrastructure, Rakovina aims to spearhead the development of innovative therapies that target critical vulnerabilities in cancer cells. This collaboration underscores Rakovina's commitment to advancing precision medicine and delivering groundbreaking therapies to patients in need. With the support of Dr. Cherkasov and the cutting-edge capabilities of the Deep Docking AI Platform, Rakovina is poised to make significant strides in the fight against cancer, offering hope to millions of individuals affected by this devastating disease. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 02, 2024 12:49 PM Eastern Daylight Time

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Cloud DX Achieves nearly 100 % Contract Renewals worth 1.5 million in revenue

Cloud DX

Cloud DX CEO Robert Kaul joined Steve Darling from Proactive to unveil some exciting developments as the company aims for a 100% renewal rate among its clients whose contracts are expiring in the first quarter of 2024. As of the current date, 11 out of 14 potential renewals have been secured, with the remaining 3 expected to follow suit. Cloud DX specializes in executing contracts with various healthcare providers, offering Connected Health Kits that include approved medical devices and customized tablet computers. These kits are prescribed to patients for chronic care management, post-surgical recovery, remote rehabilitation, or palliative care purposes. Kaul highlighted the diverse range of clients renewing their contracts in the first quarter, including Canadian hospitals, primary care clinics in Alberta, family health teams in Ontario, community paramedic services in Ontario, the Canadian Lung Health Foundation, and a Canadian Provincial health ministry. These clients collectively enrolled approximately 2,900 unique patients in 2023. With the renewal of these contracts, Cloud DX has received orders for Connected Health Kits valued at $96,000 CAD.Furthermore, recurring subscription revenues from these contracts are projected to increase to $575,000 CAD per year, amounting to a total contract value of $1.5 million CAD by December 31, 2025. It's worth noting that Cloud DX maintains a robust gross margin of approximately 77%, as indicated in the company's most recent Financial Statements. Overall, these developments underscore Cloud DX's commitment to advancing healthcare through innovative technology solutions, while also solidifying its position as a leader in the industry. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 02, 2024 12:46 PM Eastern Daylight Time

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