Author: Cloud PR Wire

Press Release

Colossus Resources Update on the Calvario and Mirador Copper Porphyry Projects in Chile

(via TheNewswire) Vancouver – April 3, 2024 – TheNewswire – Colossus Resources Corp. (“Colossus” or the “Company“) (TSX-V: CLUS) is pleased to provide an update on the Option Agreement announced on November 16, 2023 to acquire the Calvario and Mirador Copper Porphyry projects (together the “Projects“) in Chile. The Calvario and Mirador projects are located approximately 80 km northeast of the coastal city of La Serena in the Coquimbo Region of central-northern Chile in South America. The exploration targets within the Projects are primarily porphyry copper (+/- Molybdenum, +/- Gold) systems. The Projects lie along the southern extensions of the highly productive Paleocene magmatic belt of northern Chile. Together they form a contiguous 23km x 8km set of properties (for Projects de...
Press Release

GLOBAL ENERGY METALS GRANTED URANIUM ROYALTY ON SASKATCHEWAN-BASED PROJECTS AND SHARES IN TERRA BALCANICA; TERMINATES AGREEMENT WITH FULCRUM METALS

(via TheNewswire) Vancouver, BC / TheNewswire / April 3, 2024 / Global Energy Metals Corporation TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1 (“Global Energy Metals”, the “Company” and/or “GEMC”), a multi-jurisdictional, multi-commodity critical mineral exploration, development and project generating company focused on growth-oriented projects supporting the global transition to clean energy announces that, further to the Company’s news release dated January 30, 2024, the Company has mutually agreed with Fulcrum Metals Plc. (“Fulcrum”) to terminate the royalty purchase and option agreement entered into in January 2024 pursuant to which Global agreed to acquire an immediate 0.5% royalty on net smelter returns (the “NSR”) in Fulcrum’s Charlot-Neely, Fontaine Lake, Snowbird and South Pendlet...
Press Release

Ethernity Networks forecasts substantial growth with new OEM engagements

–News Direct– Ethernity Networks Ltd (AIM:ENET, OTCQB:ENETF) vice president of marketing and business development Ilan Tevet shares the company's promising business outlook for 2024 and beyond based on current customer engagements. Tevet told Proactive's Stephen Gunnion Ethernity is in advanced discussions with two Original Equipment Manufacturer (OEM) customers, testing the Universal Edge Platform 2025 (UEP2025) platform for launching solutions targeting distinct markets: a 25 Gigabit Ethernet Carrier Ethernet switch for business services and a similar switch with bonding capability for the wireless backhaul market. These engagements are anticipated to significantly enhance Ethernity's revenue in 2024, showcasing a remarkable growth trajectory. Tevet said the in...
Press Release

What’s next for Bitcoin? ETC Group CEO breaks down ETFs & market trends

–News Direct– ETC Group CEO Tim Bevan discusses the recent volatility in Bitcoin prices, attributing it to macroeconomic factors and specific market events. In an interview with Proactive's Stephen Gunnion, Bevan noted the unexpected strength in the US economy indicated by recent jobs data, which has led to revised expectations for interest rate cuts, impacting risk assets like Bitcoin. The movement of $2 billion worth of confiscated Bitcoin related to the Silk Road case onto a Coinbase account by the US Department of Justice (DOJ) has also contributed to the market's instability. Despite these short-term drivers, Bevan views the fluctuations as part of Bitcoin's usual trading range. Regarding the likelihood of an Ethereum ETF in the US, Bevan indicated a negativ...
Press Release

AI platform SiftHub raises $5.5m as it rescues sales & presales teams from repetitive tasks

–News Direct– Information overload from ad campaigns, email marketing, and a companys website means that buyers are equipped with more than a basic understanding of a product or service well before a sales meeting. This means sellers need deeper product knowledge and easy access to proprietary company information to win new customers. However, the current sales tech stack does not support this foundational shift in the role of sales and presales teams. AI platform for sales SiftHub has today raised $5.5 million in seed funding to help sales and presales teams discover knowledge and generate responses to customer needs immediately. The funding round was led by Matrix Partners India and Blume Ventures with participation from Neon Fund and executive operators and founders from Superhuman, C...
Press Release

IGC Pharma Releases Positive Interim Analysis Of Its Ongoing Phase 2 Trial In Alzheimer’s Research

–News Direct– By Faith Ashmore, Benzinga As of 2023, the estimated number of Americans living with Alzheimers disease was 6.7 million. However, a lesser-known subsection of Alzheimers is Agitation in dementia from Alzheimers Disease (AAD). Recent research suggests that up to 76% of individuals with Alzheimer's also suffer from AAD. AAD is known to contribute to accelerated cognitive decline, increased burden on caregivers, higher rates of hospitalization and a greater need for medication which collectively significantly diminish patients quality of life. Unfortunately, existing therapies for AAD carry black-box warnings, indicating the potential for serious adverse reactions that can result in death or serious injury. AAD has been associated with neuroinflammation, neurotransmi...
Press Release

Bitdeer Creates First-Generation Bitcoin Mining Chip In Major Step To Becoming The First Fully Integrated Miner

–News Direct– by Austin DeNoce, Benzinga Bitdeer Technologies Group (NASDAQ: BTDR) just announced a significant milestone with implications for the entire Bitcoin mining industry by introducing its first-generation Bitcoin mining chip, the SEAL01, which is specifically designed for its new SEALMINER A1 mining rig. This launch represents a crucial development for Bitdeer, as it aims to position itself as the first fully integrated Bitcoin miner. Introducing Bitdeers SEAL01 Chip The SEAL01 chip is a result of Bitdeers collaboration with a leading semiconductor foundry, utilizing advanced 4-nanometer process technology. This innovation has led to a power efficiency of 18.1 J/TH. Jihan Wu, Bitdeers CEO, emphasized the chips role in enhancing the companys mining capabilities as well as its a...
Press Release

Cleango Innovations and Indioquimica S.A. Completed a Strategic Supplier Agreement to Expand Cleango’s Green Products into South America

(via TheNewswire) Vancouver, B.C. – TheNewswire – April 3, 2024, – CleanGo Innovations Inc. (CSE:CGII),(OTC:CLGO.F) ,(FRA:APO2) CleanGo Innovations Inc. (“CleanGo” or the “Company”) CleanGo Innovations is happy to report that as of March 28th both parties have come together and reached an agreement that Indioquimica S.A. will both manufacture and distribute CleanGo’s proprietary green solutions to Argentina and other parts of South America. CleanGo Innovations, a leader in green technology for the oil and gas industry is thrilled to announce a new supplier agreement with Indioquimica S.A. a prominent Argentine chemical manufacturer. This partnership aims to service South America with Cleango’s proprietary suite of green Commercial Oil and Gas products, marking a significant s...
Press Release

VIP Closes Non-Brokered Private Placement For Gross Proceeds Of $593,250

(via TheNewswire) Calgary, Alberta- TheNewswire – April 3, 2024 – VIP Entertainment Technologies Inc. (TSXV: VIP, OTC: VETIF) (“VIP” or the “Company“) is pleased to announce that it has closed its previously announced non-brokered private placement (the “Offering“). Pursuant to the Offering, the Company issued 11,865,000 units (“Units“) at a price of $0.05 per Unit for aggregate gross proceeds of $593,250, subject to approval of the TSX Venture Exchange (“TSXV“). Each Unit will comprise of one common share (“Common Share”) of the Company and one-half of one Common Share purchase warrant (a “Warrant“). Each whole Warrant will entitle the holder thereof to acquire one Common Share of the Company at a price of $0.10 per Common Share at any time during the period of 18 months from t...
Press Release

Green Lantern Solar Announces Promotion of Alan Pratt to Vice President of Operations

–News Direct– Green Lantern Solar, an innovative and trusted renewable energy developer, today announced the promotion of Alan Pratt to the position of Vice President of Operations. With a proven track record as Green Lantern Solars Director of Operations for 10 years and deep experience in EPC roles before then, Alan brings exceptional leadership qualities and a steadfast commitment to the companys mission. In his new capacity, Alan will take charge of Green Lantern Solars Engineering Team and other critical areas such as the Operations and Maintenance (O&M) division. Alans exemplary leadership and deep-rooted dedication to Green Lantern Solar have consistently propelled our organization forward, said Scott Buckley, President of Green Lantern Solar. We are confident that under ...