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Benchmark International Successfully Facilitated the Transaction Between International Contract Assembly Group, L.L.C. and AAT USA LLC

Benchmark International

International Contract Assembly Group L.L.C. is a contract manufacturer of metal parts and electronic assemblies based in Nogales, Arizona. The company also offers warehousing and distribution of goods in the business-to-business space and direct to consumers, where all material imports and product exports are provided in-house. ICAG also specializes in providing integrated business solutions, including consulting, digital transformation, and operational optimization to enhance organizational efficiency and growth. Y our Path to a Successful Sale Begins Here. AAT USA LLC, located in Columbus, Ohio, prides itself on utilizing in-house industrial designers and mechanical, electronic, and software engineers to simplify product specifications and provide the most cost-effective solution for its clients. The company specialize in infrastructure, management, quality assurance, design and specification. They continue to offer a 360-degree personal relationship from the initial pre-purchase inquiry to complete ownership. “The Benchmark team wishes both parties a prosperous future. We are excited to watch both parties leverage their strengths within each other and run the next leg of the race.” – Jeffrey Garza, Deal Associate SCHEDULE A CALL Americas: Sam Smoot at +1 (813) 898 2350/ Smoot@BenchmarkIntl.com Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com ABOUT BENCHMARK INTERNATIONAL: Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive Privately-held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables. Contact Details Brittney Zoeller +1 813-898-2350 zoeller@benchmarkintl.com Company Website https://www.benchmarkintl.com/

July 31, 2024 09:20 AM Eastern Daylight Time

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From Demand to Delivery: ToolsGroup Transforms SLF Greece's Supply Chain

ToolsGroup

ToolsGroup and its Greek partner, THellas, announced that SLF Greece -a distributor of KIKO MILANO products in Greece, Cyprus, Bulgaria, and Romania- has implemented ToolsGroup SO99+ software. This move automates their omnichannel supply chain planning and shifts them from a supply-driven to a demand-driven model. SLF uses ToolsGroup SO99+ to plan daily forecasting, inventory optimization, and replenishment for approximately 2500 active items across more than 30 retail stores and two distribution centers in its Greece and Cyprus network, with plans to expand to Bulgaria and Romania. Two central planners manage demand across SLF's sales channels, including physical stores and online sales, generating optimal inventory and purchasing proposals from suppliers and inter-location stock transfers. “ToolsGroup's global leadership and local presence in Greece made SO99+ the clear choice for our advanced supply chain needs” stated Tilemachos Stylianos, Chief Development Officer of Fais Group. “Combined, these two factors gave us confidence for a successful project, right from our first introductory meetings. Having now gone live with the solution, we are very pleased with our choice, and we look forward to bringing significant contributions to the performance of our supply chain with this project.” Through this transformation project with THellas, SLF has achieved a highly automated, demand-driven planning process, increased visibility, and optimized inventory levels throughout its network. THellas customized SO99+ to provide systems integration and tailored capabilities, including assortment plans and minimum presentation quantities at the location-couvet level. The implementation supports the creation of ideal inventory targets compared to current operational levels and business parameters, using SO99+ modeling to demonstrate financial optimization opportunities. “The system has revolutionized our operations, automating daily store replenishment plans for Greece and Cyprus, while generating purchase recommendations for our team. Strategically, it helps us identify optimal inventory targets, balancing our current practices with supply chain limitations. SO99+'s success has motivated us to expand SO99+ to our other operating countries” noted Goldie Panovlepi, General Manager at SLF, highlighting the solution's benefits. “Our collaboration with THellas during the SO99+ implementation was exceptional. They provided invaluable insights on optimizing the system's setup and seamlessly integrating it with our ERP. SO99+ has proven to be a powerful yet user-friendly tool, offering high automation alongside transparent decision-making processes.” Stathis Nikolakopoulos, Managing Director at THellas added on their successful go-live: “We're honored to collaborate with SLF's commercial and IT teams on this project. Fais Group's trust in THellas and ToolsGroup solutions for their planning process transformation underscores our position in Greece's retail sector. Modeling complex business environments and optimizing millions of daily planning decisions is challenging, requiring expertise and advanced tools. We're proud of our success and excited to deepen our partnership with Fais Group, driving even better results for their customers.” Mauro Adorno, VP Global Alliances and Indirect Sales at ToolsGroup adds: “The successful implementation of ToolsGroup technology at SLF Greece exemplifies our commitment to transforming supply chain planning. This project demonstrates how ToolsGroup's solutions, combined with local expertise provided by our partner THellas, can deliver significant value to retailers facing complex supply chain challenges.” About Fais Group and SLF Fais Group of Companies has been operating in the retail/wholesale sector of apparel, footwear, accessories, for more than 40 years, dominating the Greek market & expanding its activities in Bulgaria, Romania & Cyprus. SLF company is part of Fais Group and is the master franchisee of leading Italian beauty brand KIKO MILANO’s products in Greece, Cyprus, Romania and Bulgaria. SLF runs a rapidly expanding network of 30+ locations and it currently trades more than 2500 SKUs through physical stores (owned and Shop In Shop) together with an on-line shop. For more information visit https://faisgroup.com About THellas THellas has been the official partner of ToolsGroup in Greece and Cyprus, since its foundation in 2017. THellas delivers simple Supply Chain Planning solutions for probabilistic forecasting & demand planning, promotion & price optimisation, inventory optimisation, network optimisation and production planning & scheduling, using sophisticated software from ToolsGroup and partners. The THellas tream has more than 20 years experience in advanced supply chain planning, both in consulting and in operations. We focus on delivering financial value faster, with less effort, for every type of organisation that plans their supply chain in uncertain times. For more information visit: www.thellas.com About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels and inventory – delighting customers and achieving financial and sustainability KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

July 31, 2024 08:00 AM Eastern Daylight Time

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StakeKit Launches TRON Stake 2.0 on Ledger Live

StakeKit

New York City, New York - July 30, 2024 - StakeKit, having just emerged from stealth after 18 months of development, has partnered with Ledger Live to power its TRON staking integration. This integration provides users with the simplest of access points to manage their TRON staking allocations natively within Ledger Live. Ledger Live users can stake on-chain via TRON in three simple taps and unstake their assets through the same simplified flow. The StakeKit integration fully supports TRON Stake 2.0, TRON’s latest validation staking model, launched on the mainnet in April 2023. This model enables users to receive additional benefits from validation staking, as well as the ability to unstake partial amounts, and unstake their tokens at any time, providing unprecedented flexibility and control. Given that users can no longer stake via the TRON Stake 1.0 model, it is recommended that they unstake their TRON Stake 1.0 tokens and re-delegate their stakes to the TRON 2.0 model. This transition can be easily completed directly within Ledger Live. Serafin Lion Engel, CEO of StakeKit, commented, “We’re very excited to finally bring TRON Stake 2.0 into Ledger Live and enable users to delegate their TRON in the easiest and most secure way possible. We know that this was a hotly anticipated feature for members of the TRON ecosystem, and we are very proud to have worked with the Ledger team on delivering this integration to TRON users and community members”. “We recognize that a significant portion of the TRON community still utilizes TRON Stake 1.0. As such we have also built support for Tron users to un-delegate from TRON 1.0, and quickly leverage the benefits of TRON Stake 2.0 ” added Engel. TRON Stake 2.0 is available in Ledger Live as of the release of this article. For more information about Ledger Live and to download the Ledger Live application, visit their website. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of July 2024, it has over 244 million total user accounts on the blockchain, more than 8 billion total transactions, and over $20 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network About StakeKit StakeKit is the leading provider of self-custodial staking solutions in the Web3 space. By combining the most powerful self-custodial yield API with a user-focused interface, StakeKit enables seamless, secure, and efficient yield generation across over 50 blockchain networks. Learn more at stakek.it. Media Contact Alexa Anastasia alexa@stakek.it Contact Details Alexa Anastasia alexa@stakek.it

July 30, 2024 01:08 PM Eastern Daylight Time

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Benchmark International Unveils the 2024 Global Technology, Media & Telecom Industry Report

Benchmark International

Benchmark International, the leading middle market mergers and acquisitions firm, announces the release of its 2024 Global Technology, Media & Telecom Industry Report. This comprehensive report provides an in-depth analysis of the current landscape and future outlook for the technology, media, and telecom sectors, offering valuable insights for industry stakeholders. The report covers critical areas, including: Market Dynamics: A deep dive into the evolving trends within the technology, media, and telecom industries, including the impact of digital transformation and emerging technologies. Financial Performance: Examination of key financial metrics, investment patterns, and revenue growth across the TMT sectors. Innovation & Disruption: Analysis of the latest technological innovations driving change and disruption, from artificial intelligence and 5G to streaming services and digital advertising. Consumer Behavior: Insights into shifting consumer preferences and their implications for businesses within these industries. M&A Trends: A detailed exploration of mergers and acquisitions activity, highlighting key deals, strategic motivations, and future trends in the TMT space. Benchmark International's Technology, Media, and Telecom report is an indispensable tool for business leaders, investors, and industry analysts seeking to understand the forces shaping the future of these dynamic sectors. For more information and to access the full 2024 Global Technology, Media & Telecom Industry Report, please visit: https://www.benchmarkintl.com/insights/featured-content/2024-global-Technology-Media-Telecom-industry-report/ ABOUT BENCHMARK INTERNATIONAL: Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive Privately-held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables. Contact Details Brittney Zoeller +1 813-898-2350 zoeller@benchmarkintl.com Company Website https://www.benchmarkintl.com/

July 30, 2024 11:14 AM Eastern Daylight Time

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Nextech3D.ai Reports Q2 2024 Performance with Significant Revenue Growth and Improved Profit Margins

Nextech3D.AI

Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive revealing the company's preliminary unaudited financial and operational results for the second quarter of 2024, which ended on June 30, 2024. The results showcased a notable revenue increase to $1.2 million, up from $1 million in the first quarter of 2024. Gappelberg highlighted the company's impressive operational leverage, with a substantial gross profit margin of 70% in Q2, a significant rise from 50% in Q1 and 30% for the entire year of 2023. He attributed this growth to the company's strategic shift towards the Indian market in the fourth quarter of 2023 and advancements in its AI technology. These initiatives are expected to further enhance the company's gross margin, potentially reaching 80% in 2024. Additionally, Gappelberg announced that Nextech3D.ai recently achieved certification as a 3D modeling partner for Amazon, the world's largest e-commerce platform. This partnership opens new avenues for growth, as Amazon's data suggests that listings featuring 3D models experience a twofold increase in purchase conversions on average. Nextech3D.ai is poised to capitalize on this opportunity, anticipating substantial new business prospects. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

July 30, 2024 10:47 AM Eastern Daylight Time

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StealthEX Integrates with Exchange Flow for Seamless Swaps

StealthX

Instant crypto exchange StealthEX continues to drive innovations in the cryptocurrency space. This time, the platform has partnered with Exchange Flow, a source dedicated solely to cryptocurrency exchanges, wallet providers and instant swap services. With this collaboration, StealthEX aims to offer simpler and smoother swaps and make the cryptocurrency exchange process even easier. StealthEX aims to interconnect with various exchanges, guides, and websites dedicated to cryptocurrencies. Its connection with Exchange Flow will let its users seamlessly swap digital assets thanks to the convenient StealthEX widget – without leaving Exchange Flow. StealthEX: Effortless, Private, and Limitless Crypto Swaps with No-KYC StealthEX is an instant cryptocurrency exchange platform that enables efficient crypto swaps. With StealthEX, exchanging digital assets is simple, private, non-custodial, requires neither sign-up nor verification, and is done within minutes. Even the most inexperienced users will easily navigate through the exchange procedure thanks to the platform’s simple and minimalistic design. Add to this the no-KYC policy and no upper limits on swaps, and StealthEX will undoubtedly prove to be your best choice whenever you need to exchange one crypto for another or make a fiat-to-crypto transaction. To add to the above-mentioned features, at StealthEX, more than 1500 cryptocurrencies are available for floating and fixed rates exchanges. These include such popular assets as Bitcoin (BTC), Ethereum (ETH), Monero (XMR), Tether (USDT), Litecoin (LTC), and many more, as well as an astounding amount of rare cryptocurrencies, some of which cannot be found on the majority of other exchanges, even large ones. All in all, the privacy-centric, wallet-to-wallet nature of the platform has helped it become a popular choice among crypto aficionados. Exchange Flow: Compare and Exchange Crypto Seamlessly Exchange Flow is a platform that helps its visitors discover the easiest way to compare cryptocurrency exchanges. Thanks to its extensive range of tools, any user will be able to find the perfect match for their trading needs along with comprehensive reviews, ratings, and more. The goal of the website is to provide users with the most up-to-date insights into the crypto exchange field. Thanks to the new embedded StealthEX widget, the Exchange Flow website will be able to offer its users an all-in-one crypto exchange experience. On top of comparing different cryptocurrency rates and major exchanges, you will now have direct access to cryptocurrency exchange and purchases on the Exchange Flow website. Any Exchange Flow visitor won’t need to visit third-party sites, ensuring a streamlined and secure transaction process. This will, in turn, guarantee the best user experience and increased efficiency. How Does It Work? Step-by-Step Guide It’s easy to swap as much crypto as you like via StealthEX’s efficient widget. Just go to Exchange Flow and follow these simple steps: Choose the pair and the amount you want to exchange — for instance, ETH to BTC. Press the “Start Exchange” button. Provide the wallet address you will use to receive the funds. Process the transaction. Send the deposit to the address StealthEX has generated for you. Receive coins in your wallet. StealthEX and Exchange Flow: Effortless Crypto Swaps StealthEX strives to become one of the global bridges from fiat to crypto and crypto-to-crypto, and by embedding its user-friendly widget into Exchange Flow, the platform seeks further exposure. This partnership will most certainly bring more interconnection into the cryptocurrency space and streamline the exchange process, making it easy, effortless, and problem-free. About StealthEX StealthEX is an instant cryptocurrency exchange for limitless swaps. The service is free from registration and does not store user's funds on the platform. StealthEX is the best place to buy cryptocurrency. 1500+ assets are available for quick and easy exchanges. Data privacy and security is a top priority for StealthEX, so all the swaps are non-custodial and forever will be. Contact Details Vadim Taszycki vadim@stealthex.io Company Website https://stealthex.io/

July 30, 2024 06:23 AM Eastern Daylight Time

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HackaTRON Season 7 Launches With Google Cloud as Diamond Sponsor, Celebrates Successful Kickoff at Bitcoin Nashville

TRON DAO

Geneva, Switzerland, July 29, 2024 - TRON DAO, along with co-hosts HTX DAO, BTTC, and JustLend DAO, proudly announces the launch of HackaTRON Season 7, with submissions open until October 23. Following a successful launch party at Bitcoin 2024, this season promises a series of engaging events and innovative competition tracks. Participants will have access to leading crypto VCs - TRON DAO Ventures and HTX Ventures, connect with a broad network of industry collaborators, and gain visibility among leading venture capital firms. HackaTRON Season 7 Tracks Season 7 includes five different tracks: Web3: Shape the next evolution of the internet with contributions that bridge the gap to a decentralized future. Artistry: Redefine entertainment by merging blockchain technology with gaming and NFTs, exploring new horizons for creators. DeFi: Craft the next DeFi project that makes financial services more accessible. Builder: For returning projects on TRON/BTTC that have significant updates. Integration: A new track inviting the integration of protocols, dApps, or services to enrich the TRON ecosystem. It’s an open call for developers to leverage the TRON network’s capabilities. Prize Pool Details HackaTRON Season 7 features a substantial prize pool totaling up to $650,000, which includes $500,000 in TRX, TRON's native utility token, and $150,000 in energy prizes. The energy component helps subsidize network fees, making blockchain interactions smoother and more efficient for users. The prize distribution, determined by both judge and community voting per track, is as follows: Judge-Selected Qualifiers 1st Place: $25,000 in TRX* 2nd Place: $15,000 in TRX* 3rd Place: $10,000 in TRX* 4th Place: $8,000 in TRX* 5th Place: $6,000 in TRX* Community-Selected Winners 1st Place: $7,000 in TRX* 2nd Place: $6,000 in TRX* 3rd Place: $5,000 in TRX* 4th Place: $4,000 in TRX* 5th Place: $3,000 in TRX* Additionally, there are various bonus prizes and special awards that contribute to the total prize pool of $500,000 in TRX. These bonuses recognize outstanding achievements and contributions in specific areas, encouraging diverse and innovative solutions. *All prizes are issued in TRX or TRON network Energy, not USD, restrictions applied. Sponsors Spotlight Diamond Google Cloud is the new way to the cloud, providing AI, infrastructure, developer, data, security, and collaboration tools built for today and tomorrow. Google Cloud offers a powerful, fully integrated and optimized AI stack with its own planet-scale infrastructure, custom-built chips, generative AI models and development platform, as well as AI-powered applications, to help organizations transform. Google Cloud will provide cloud service to HackaTRON S7 and partners. Gold Mobilum is a financial technology company providing various payments and banking solutions to bridge the traditional finance and web3 world. Mobilum's core mission is to make cryptocurrencies more accessible, spendable and ubiquitous in our daily lives Pentagon Games is a ZkEVM chain game publisher powering XR metaverse through deep learning and Web3. Their vision is to create immersive experiences that go beyond traditional gaming, incorporating elements of AI, AR, VR, and ZK Proof EVM blockchain technology to offer a truly integrated and interactive environment for players. GT-Protocol is a Web3 AI execution technology that provides users with access to CeFi, DeFi, and NFT crypto markets through an all-in-one conversational AI interface. Additional sponsors will be announced in the coming weeks. Stay tuned for updates. Key Dates to Remember HackaTRON S7 Submission Period: July 25 - Oct 8 Judging & Community Voting Period: Oct 24 - Oct 31 Winners Announcement: Nov 13 Demo Week: Nov 18 - Nov 22 Projects on Mainnet: Dec 3 Successful HackaTRON S7 Launch Party at Bitcoin 2024 Nashville On July 25th, The Vū Nashville, located at the iconic Movie Studio, hosted the HackaTRON Season 7 Launch Party. This event marked the commencement of HackaTRON Season 7, immersing attendees in the vibrant, cyberpunk world of TRON. The unforgettable evening featured live music, a DJ, and three hours of complimentary drinks and light bites. Guests also had the exclusive opportunity to explore the TRON merch shop. Special thanks to the HackaTRON Season 7 sponsors for making this event possible. Join Us in Shaping the Future To learn more about HackaTRON Season 7 prizes and rules and to register, please visit HackaTRON S7. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of July 2024, it has over 244 million total user accounts on the blockchain, more than 8 billion total transactions, and over $20 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network Contact Details Yeweon Park press@tron.network Company Website https://trondao.org/

July 30, 2024 12:56 AM Eastern Daylight Time

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BrandPilot AI Launches Spectrum IQ to Revolutionize Influencer Marketing and Prepares for US Listing

BrandPilot AI Inc

BrandPilot AI CEO Brandon Mina joined Steve Darling from Proactive to announce the launch of Spectrum IQ, an innovative web application designed to streamline the influencer marketing process for brands of all sizes. Spectrum IQ is a comprehensive platform that allows clients to search, analyze, and execute influencer marketing campaigns efficiently. It is a powerful tool that leverages AI technology to help brands identify the right influencers for their campaigns and track the results in real-time. Mina explained that the new platform enables brands to search for influencers based on various criteria, including demographics, interests, and engagement rates. Users can access detailed influencer profiles that offer performance data and audience insights, facilitating the management of influencer campaigns from start to finish. This includes sending briefs, tracking progress, and measuring results, making it easier for brands to optimize their marketing strategies. In addition to the launch of Spectrum IQ, BrandPilot AI has also announced that it has begun the initial filing of documentation for listing on the OTC Markets in the United States. The company anticipates that the listing process will be completed within the next 4-6 weeks. Once the listing is finalized, BrandPilot AI will commence its operations in the US under the symbol BPAIF on the OTC. This dual announcement marks a significant milestone for BrandPilot AI as it expands its presence in the influencer marketing industry and prepares to enter the US market. The launch of Spectrum IQ, combined with the upcoming OTC listing, positions the company for growth and increased visibility in the rapidly evolving digital marketing landscape. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

July 29, 2024 11:21 AM Eastern Daylight Time

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Pathfinder Minerals becomes Rome Resources with Merger and New Exploration Plans in the DRC

Rome Resources Ltd

Paul Barrett, the newly appointed CEO of Rome Resources and formerly the Executive Director of Pathfinder Minerals, spoke with Steve Darling from Proactive about Pathfinder Minerals' recent strategic moves. Previously operating as a cash shell company, Pathfinder Minerals disposed of its asset in Mozambique and has been actively searching for a new venture. The company has now merged with Rome Resources, which owns a high-grade tin project located in the Democratic Republic of Congo (DRC). Barrett revealed that the merged entity will operate under the name Rome Resources and is scheduled to be listed on AIM with the ticker RMR on Friday, July 26th. The new entity is raising £4 million in conjunction with the merger and plans to commence drilling activities within a week. The Bisie North Tin Project, managed by a team of experienced geologists, will explore two tin anomalies, including a significant polymetallic anomaly containing copper and tin. Initial drilling has returned promising grades, prompting the team to plan an extensive drill program covering approximately 3,000 meters. This program aims to establish a resource estimate by early 2025. The nearby Alpha mining tin mine, known as the highest-grade tin mine globally, enhances the potential of this project. The company anticipates generating substantial news flow in the coming months as the drilling progresses. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

July 29, 2024 11:16 AM Eastern Daylight Time

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