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COMCAST COMPLETES INITIAL PHASE OF MULTI-MILLION-DOLLAR BROADBAND EXPANSION TO NEARLY 200 HOMES & BUSINESSES IN EAGLE CREEK AND ESTACADA, OREGON

Comcast Washington

Comcast today announced the company completed the initial phase of its expansion to bring its smart, fast and reliable fiber-rich network to nearly 200 homes and businesses in Eagle Creek and Estacada, Oregon including residential broadband speeds faster than 1 gigabit per second (Gbps) and businesses speeds up to 100 Gbps. Additional locations will be connected to Comcast’s network and full suite of services as construction continues through February 2024. “High-speed Internet access increases job and population growth, sparks higher rates of new business formation and home values, and lowers unemployment rates,” said Rodrigo Lopez, Senior Regional Vice President of Comcast’s Pacific Northwest Region. “That is why Comcast is committed to expanding its existing network to residents, businesses and communities in Oregon that currently do not have access to reliable, high-speed internet.” Comcast began construction in March and expects to extend its network to approximately 1,700 homes and businesses this year with the potential to add more locations next year. Once construction is complete, all of these homes will have access to to all Xfinity Internet service offerings with speeds faster than 1 Gig and advanced WiFi technology from powerful gateways capable of delivering reliable and consistent connections for real-time activities like gaming, live streaming, and video conferencing with ultra-low lag. Residents will also have access to Flex, a solution to help users search less and watch more with a voice-controlled 4K streaming TV box, putting everyone’s favorite streaming apps all in one place, the award-winning Xfinity X1 video platform, Xfinity Home, Comcast’s professionally installed home security solution, and Xfinity Mobile, a top ranked service in customer satisfaction that can save customers hundreds of dollars a year on their mobile bills. For local businesses, Comcast Business offers a suite of connectivity, cybersecurity, managed solutions and Comcast Business Mobile products designed specifically for their employee’s needs. Powered by the nation’s largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business is the nation’s largest cable and internet provider to small and mid-size businesses and one of the leading providers to larger organizations in the Enterprise market. “The Estacada Chamber of Commerce is proud to welcome Comcast to our expanding community, providing residents and businesses with another option when selecting their Internet provider,” said a spokesperson for the Chamber. “This expansion, combined with Eagle Creek, makes our area an even more attractive place to work and live, especially meeting the needs of our members today and into the future for reliable and fast broadband network, which is more important than ever.” The network expansion is the latest example of Comcast’s investment to connect more households and businesses in the Pacific Northwest to its Internet services that deliver fast speeds, more reliability, broader coverage in the home, and greater capacity to support customers’ growing Internet usage. Comcast expanded service to more than 19,000 additional homes and businesses last year in Oregon. Further, the company has invested more than $534 million in technology and infrastructure investments in Oregon during the previous three years, including network expansion and upgrades. Powered by the Xfinity 10G Network Comcast’s network and Internet experience are powering homes and businesses today and into the future: Ultimate Capacity: Xfinity customers connect 1 billion devices across the company’s network annually. The Xfinity 10G Network with the next-generation Xfinity gateways deliver the most advanced WiFi technology carrying three times more bandwidth to power streaming, gaming, videoconferencing, and more, simultaneously. Fastest Internet: More than a third of Xfinity Internet customers subscribe to gigabit speed products, and symmetrical gig speeds are coming to the first homes this year. Unprecedented Coverage: The latest Xfinity Gateway provides a more reliable connection throughout the home. Customers can get wall-to-wall WiFi coverage with a powerful Xfinity WiFi Boost Pod that extends coverage to hard-to-reach areas, with plans for an offering of increased support for in-home WiFi through a “boost guarantee” later this year. Most Reliable Connection: Comcast is scaling the nation’s largest and most reliable network – the Xfinity 10G Network – that passes 60 million homes and businesses and counting. The company plans to launch a new device that is “storm ready” with cellular and battery backup to help keep customers connected even when the power goes out. Ultra-Low Latency: The Xfinity 10G Network and the latest Xfinity Gateway are a powerful combination that deliver ultra-low latency for those moments when response times matter most like video games, a fast-growing category with Xfinity households averaging more than one gaming console per home. Eagle Creek and Estacada residents also will have access to Internet Essentials, the largest and most comprehensive low-cost Internet adoption program for low-income Americans. Comcast proudly participates in the Affordable Connectivity Program, and offers Internet Essentials Plus, a $29.95/month home Internet service that is effectively free for eligible households, once the ACP credit is applied. Interested customers can visit Xfinity.com/ACP or call 1-800-Xfinity to learn more about this program and find out if they qualify. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Contact Details Comcast Andy Colley andy_colley@comcast.com Company Website https://oregon.comcast.com/

July 11, 2023 08:55 AM Pacific Daylight Time

‘Puerto Rico’s Day at the Ballpark’ Series Launches in 2023

Atlantino LLC

PUERTO RICO – July 11, 2023 – ( NOTICIAS NEWSWIRE ) – Atlantino, organizers of the newly launched series of baseball events at select MLB stadiums celebrating the island of Puerto Rico, Puerto Rico’s Day at the Ballpark, announced that the PRCDA (Puerto Rico Convention District Authority) has officially signed on as the presenting sponsor. The events will be held between July 18-30, 2023 in Arlington, New York, Boston, Detroit, and Atlanta. Through its properties LatinoBaseball.com and 21 Events, Atlantino sought to create a series of baseball events recognizing Puerto Rico’s rich 125-year baseball history dating back to January of 1898, and also as a source of many notable ballplayers over the years. In the Fall of 2022, the organizers partnered with the PRCDA to honor one of those memorable players, Roberto Clemente. The participating teams in the series include the Texas Rangers, the New York Mets, the Boston Red Sox, the Detroit Tigers, and the Atlanta Braves. The players to be acknowledged include Iván “Pudge” Rodríguez, Edwin Diaz, Joey Cora, Francisco Lindor, Enrique “Kike” Hernández, Ramón Vázquez, Alex Cora, Javier Báez, Juan Nieves, Alex Lange, Riley Greene, Joe Jiménez and Eddie Rosario. Activations at each game will include live or curated music, signage and videos, a Puerto Rico representative throwing out the first pitch, a pre-game on field presentation to recognized players, a booth or kiosk with giveaways, as well as broadcast promotions via television and radio with local regional sports networks (RSNs). As part of the series, the organizers commissioned custom-designed artwork commemorating each of the Puerto Rican ballplayers, while drawing from their Puerto Rican heritage. Each player will have their one-of-a-kind framed art piece presented to them on-field prior to each game. "Puerto Rico loves baseball for many reasons, we are proud that so many excellent players call us home. This sport is part of our tradition, of who we are, of our history. It is impossible to speak about our Island without mentioning Roberto Clemente and so many others," said Mariela Vallines, Executive Director of the PRCDA. “It’s a great honor to elevate the positive image of Puerto Rican baseball since the late 1800s until today by sharing historical baseball data and recognizing the Puerto Rican baseball stars on MLB teams in 2023. By combining our expertise in Hispanic marketing and media with a passion for baseball, we aim to create memorable experiences that showcase Puerto Rico's Convention and Entertainment District, tourist destinations, vibrant culture and talented athletes," stated Ralph Paniagua, Atlantino Managing Director and Publisher of LatinoBaseball.com The series schedule is as follows: Series Events – 7/18/23 at 7:05 p.m. CT- Arlington- Texas Rangers- Iván “Pudge” Rodríguez – 7/20/23 at 1:10 p.m. ET- New York- New York Mets- Edwin Diaz, Joey Cora, and Francisco Lindor – 7/25/23 at 7:10 p.m. ET- Boston- Boston Red Sox- Enrique “Kike” Hernández, Ramón Vázquez, and Alex Cora – 7/26/23 at 6:40 p.m. ET- Detroit- Detroit Tigers- Javier Báez, Juan Nieves, Alex Lange, Riley Greene – 7/30/23 at 1:35 p.m. ET- Atlanta- Atlanta Braves- Joe Jiménez and Eddie Rosario Sponsors for the various activities include the Puerto Rico Convention District Authority (PRCDA), El Distrito, Puerto Rico Convention Center, and Discover Puerto Rico. Strategic partners, producers, and media allies for these events include LatinoBaseball.com, Skip Font, Ji Starr, HypeSmack, Zaida Colon PR, Talented Art Pro, Texas Rangers, NY Mets, Boston Red Sox, Detroit Tigers, Atlanta Braves, NESN, SNY, and Bally Sports. About PRCDA Puerto Rico Convention District Authority (PRCDA) is a public corporation created under Law Number 351 of September 2nd of 2000, as amended. Its mission is to develop and operate the Convention District, positioning Puerto Rico as a world-class business, tourism, and entertainment destination. PRCDA's objectives include efficiently managing prominent venues, revitalizing urban areas, promoting job creation and business opportunities, and acting as a facilitator in partnership with the private sector. About Atlantino LLC Over the past 37 years, Ralph and Joseph Paniagua have built Atlantino into a powerhouse sponsorship and activations platform for Latino sports, entertainment, experiential, and digital. Through Atlantino and the company’s 21 Events, Latino Baseball ( LatinoBaseball.com ) and Latino Boxing media properties, Ralph has spearheaded Fortune 100 brand activations with more than 18 Major League Baseball teams, the Roberto Clemente Foundation, and more recently Golden Boy. Contact Details Heather Lopez Enterprises Heather Lopez +1 305-647-9275 heather@heatherlopezenterprises.com Zaida Colón PR Zaida Colón +1 787-429-2923 zaidacmediaplanners@gmail.com

July 11, 2023 10:15 AM Eastern Daylight Time

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The APP Welcomes AARP to The APP Tour as Official Naming Rights Sponsor of Champions and Masters Divisions, Title Sponsor of 2024 Champions Cup

APP

AARP Champions Division is the APP’s USA Pickleball-sanctioned tour for professionals aged 50 plus, AARP Masters Division serves professionals aged 60 plus; 2024 AARP Champions Cup will showcase the best pro and amateur pickleball players 50 years or older The Association of Pickleball Players (APP), the nation’s preeminent pickleball organization for professional, amateur, and recreational pickleball players of all ages, has announced the further expansion of its sponsorship portfolio with the addition of AARP as the Official Naming Rights Sponsor of the APP Tour’s Champions and Masters Divisions and the title sponsor for the APP Tour’s Champions Cup. AARP, the nation’s largest nonprofit, nonpartisan organization dedicated to empowering people 50 and older to choose how they live as they age, now joins forces with the nation’s fastest-growing sport. AARP Champions Division is the APP Tour’s official USA Pickleball-sanctioned division for professionals aged 50 and over, while AARP Masters Division is the official tour for professionals aged 60 and over. AARP will also serve as the official title sponsor of the APP Tour’s Champions Cup, an annual tournament, starting in 2024, held exclusively for professional and amateur pickleball players 50 and over. The AARP Champions Cup will take place in early 2024 at a venue to be announced. As part of AARP’s sponsorship of the APP, the brand will be immersed into the APP Tour with in-venue branding and visibility, including signage, social media promotion, on-site activation spaces, and inclusion in APP Tour broadcast productions – spanning coverage on CBS Sports Network and ESPN2 as well as livestream coverage on APPTV and ESPN+. Additionally, at select APP Tour events, AARP will sponsor a pre-event pro seminar, led by APP pro players and designed to educate players of all levels with instruction, tips and tricks to improve their pickleball games. “We are very proud to welcome AARP into the APP family,” commented Tom Webb, CMO of the APP. “As stewards of the game of pickleball, we take immense pride in supporting all pickleball players, from elite pros to amateurs and recreational players, and in particular those aged 50 and above who are such an important part of the incredible growth of pickleball across the United States. One of our core values is inclusivity and support for all players and adding AARP, an organization dedicated to healthy aging, allows us to better support our players.” “We know that being active and having social connections is important for mental well-being and overall health and happiness as we age,” noted Barbara Shipley, SVP of Brand Integration at AARP. “Pickleball supports a physically and socially active lifestyle and AARP is excited to shine a brighter light on people 50 and over who play at any level. Their stories inspire, educate and encourage people to play, have fun and make new friends, helping them make their health and happiness last as long as they do.” To stay updated on the APP, visit theapp.global, and follow us on Instagram, Threads, Twitter, TikTok, Facebook and LinkedIn. About the APP Founded in 2019, the Association of Pickleball Players (APP) serves professionals, amateurs and recreational players of all ages in the fastest growing sport in the USA. The first and only tour officially sanctioned by USA Pickleball, the 2023 APP Tour slate has 16 announced tournament stops, in addition to International and Collegiate Series events. The APP also prides itself on developing the next generation of pickleball champions through its Next Gen Series and other youth initiatives. To stay updated on the APP, visit theapp.global, and follow us on Instagram, Threads, Twitter, TikTok, Facebook and LinkedIn. About AARP AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering people 50 and older to choose how they live as they age. With a nationwide presence, AARP strengthens communities and advocates for what matters most to the more than 100 million Americans 50-plus and their families: health security, financial stability and personal fulfillment. AARP also produces the nation's largest circulation publications: AARP The Magazine and AARP Bulletin. To learn more, visit www.aarp.org/about-aarp/, www.aarp.org/español or follow @AARP, @AARPenEspañol and @AARPadvocates on social media. Contact Details The APP Daniel Sagerman +1 847-800-8182 dsagerman@theapp.global AARP Vanessa Camozzi +1 202-256-7408 vcamozzi@aarp.org Company Website https://theapp.global

July 11, 2023 09:00 AM Central Daylight Time

Government Regulations, TikTok Fears, Cyber Hacks: Sekur Private Data Ltd. Helps Companies Find Privacy And Security Compliance In An Online World

Benzinga

By David Willey, Benzinga Alain Ghiai, CEO of the cybersecurity and internet privacy company Sekur Private Data Ltd (OTCQB: SWISF) (CSE: SKUR) (FSE: GDT0), was recently interviewed by Ana Berry on the business news show “New To The Street. ” Ghiai spoke about how his data privacy company helps companies find private and secure messaging and communication solutions. The government has been enforcing privacy regulations against certain companies that allowed messaging on non-secure messaging apps. Last year, the Commodities Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) issued fines totaling close to $1 billion to several banks for allowing their employees to use unauthorized services like private email and Whatsapp for sending banking information. Security concerns also led the government to ban the use of Tiktok on all federal devices. This is driven by fears that user data collected on the app is shared with the Chinese government. Bans have also been introduced or planned by some state governments, as well as several public universities. Data Safety And Privacy With Sekur Sekur actively helps companies satisfy government regulations as well as prioritize data privacy and security. Its suite of privacy solutions includes the SekurMail and SekurMessenger services for encrypted, secure communication. SekurMail is a military-grade, encrypted platform featuring a SekurSend/Reply function that allows users who don’t have Sekur to reply within the Sekur environment. SekurMessenger provides users with a secure Short Messaging Service (SMS) platform that is available in 80 countries for its “Chat-by-Invite” feature, letting Sekur users message non-Sekur users in SekurMessenger simply by clicking on a link sent by SMS or email. SekurMessenger includes a self-delete feature, as well as an archiving feature, an essential option for financial institutions that are required to keep records of all e-communication for seven to 10 years. It also launched its own Virtual Private Network (VPN) service, SekurVPN, to address the large market need for a trustworthy, turnkey data security service. These privacy solutions may be particularly attractive to companies looking to prioritize data security. Cyber attacks and hacks are increasingly common, and the cost of the damage from these attacks will have reached over $10 trillion by 2025. By locating its servers in Switzerland, Sekur can take advantage of the tough Swiss data privacy laws. Ghiai told Berry that users who signed up with the code PRIVACY will get a 15% discount on their monthly or annual subscription to Sekur’s products. This offer is good for five years for uninterrupted subscriptions. Sekur customers who bundle multiple Sekur services will also get a discount on their purchases, and the company reports that this is a popular choice among its subscribers. In a recent statement, Ghiai commented that “Our prime directive is to provide private and secure communications for everyone, and, as we are not connected to any Big Tech cloud platform, we offer a truly independent, private and secure means of communications without any data mining.” Learn more about Sekur and check out its privacy solutions today. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

July 11, 2023 09:25 AM Eastern Daylight Time

Comcast Names Jose Espinel to Lead Texas Region

Comcast Texas

Comcast today announced Jose Espinel as the new senior vice president for its Texas Region. Espinel will lead all business functions of the region, including the robust broadband infrastructure expansion of the Xfinity 10G Network in Texas. “I couldn’t get here fast enough,” said Espinel. “Texas is the land of opportunity, and I truly admire the rich diversity of the region and our Comcast Texas team. My priority will be to continue to expand our world-class broadband network to more customers and communities while ensuring our most vulnerable southeast Texans don’t get left behind.” Espinel, a native of Venezuela, brings nearly 25 years of communications and data industry experience to Comcast’s Texas Region. He joins Comcast after a successful tenure at AT&T where he led teams in Arizona, New Mexico and Las Vegas. While in Los Angeles and San Diego, Espinel led AT&T’s consumer mobile business and the Hispanic segment strategy for the region. He also worked with DIRECTV Latin America. “Jose embodies all our cultural touchstones. He’s an inclusive, principled, people-focused, competitive and customer-driven leader,” said Comcast West Division President Rich Jennings. “Our country is experiencing the largest broadband infrastructure expansion of our lifetime, and Jose is ready to lead the charge in Texas so more families and communities can unlock a future of unlimited possibilities.” Espinel joins Comcast’s Texas Region on July 10 and will report to Jennings. “I’m excited to lead this incredibly talented and dedicated Comcast Texas team and continue to provide reliable service to, and serve, the wonderful communities in the region,” said Espinel. “I am also looking forward to spending more time with family members who are proud and long-time residents of the area.” Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on connectivity, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Comcast | Texas Region Steve Campion +1 832-920-2001 Steve_Campion@comcast.com Company Website HTTPS://www.ComcastTexas.com

July 10, 2023 07:02 AM Central Daylight Time

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RDW Group Recognized with Three Industry Bell Ringer Awards

RDW Group

RDW Group is proud to announce it has won three Bell Ringer Awards for exemplary PR, communications, and marketing work completed in the last year. Each year, the PR Club hosts the Bell Ringer Awards Ceremony to celebrate outstanding work conducted by industry professionals, agencies, and in-house teams throughout the New England region. The 2023 awards ceremony was held on Thursday, June 8 at the Royal Sonesta Boston. During the event, RDW was recognized for its work with multiple clients and across multiple categories, including: Silver Bell – Healthcare Campaign, “Substance Exposed Newborns Awareness and Provider Outreach” with the Rhode Island Department of Health Silver Bell – Integrated Marketing Communications Campaign, “It Happens Right Here” with Rhode Island PBS Merit award – Integrated Marketing Communications Campaign, “Recycle PVD” with Rhode Island Resource Recovery Corporation “Winning a Bell Ringer Award signifies one of the highest levels of achievements for New England communicators,” said Sofia Giovannello, PR Club president and managing supervisor of Methods+Mastery. “Year after year, we see incredible work reflected in the quality of entries. On behalf of everyone at PR Club, we congratulate all the winners!” "RDW is once again proud to represent each of our clients in the 55 th annual Bell Ringers Awards,” said Phil Loscoe, Jr., managing partner of RDW Group. “It is their drive and dedication to make our world a better place – through healthcare, education and culture, and environmental stewardship – which brings these campaigns to life and ultimately drives positive change. Congratulations to our client teams and RDW internal teams on their continued work and success. Very well deserved.” View the full list of all 2023 award recipients here. About RDW Group, Inc. Founded in 1986, RDW Group is a full-service agency offering advertising, public relations, digital marketing, and media services based in Providence, R.I. RDW also operates iFactory, an award-winning web strategy, design and development group based in Boston. More info at www.rdwgroup.com. About PR Club Founded in 1948, PR Club (formerly the Publicity Club of New England) strives to promote and encourage involvement in the communications industry and specifically the professions of public relations, promotions, and marketing. Get additional information about monthly PR Club programs, social and networking events, the “Bell Ringer” blog, and the Bell Ringer Awards Ceremony at www.prclub.org. Follow them on Twitter @PRClubofNE. Founded in 1986, RDW Group is a full-service agency offering advertising, public relations, digital marketing, and media services based in Providence, R.I. RDW also operates iFactory, an award-winning web strategy, design and development group based in Boston. More info at www.rdwgroup.com. Contact Details Michael Masseur +1 401-521-2700 mmasseur@rdwgroup.com Company Website https://rdwgroup.com

July 06, 2023 09:30 AM Eastern Daylight Time

Mike The Pike Productions, Inc. (OTC: MIKP) Announces Virtual Shareholder Conference July 25, 2023

Mike The Pike Productions, Inc.

Mike The Pike Productions, Inc. (OTC: MIKP ) (“The Company”), ($MIKP), a fan-owned entertainment studio focused in the acquisition, development, and production of entertainment intellectual property through its wholly owned subsidiary www.ArowanaMedia.com, is excited to announce a shareholder conference call on ZOOM, scheduled for July 25 th at 7:30 am PT/10:30 am ET. The call will hosted by Cornerstone Marketing's CEO, Jeff Lien. https://cornerstonemarketing.info/ The meeting aims to provide insightful industry updates, discuss key business developments, and clarify any information shareholders may have questions about. All involved are anticipating a riveting conversation that promises fresh details on MIKP's progress and future plans including details on adaptations for the Vampirella Universe as well as Barbara O’Connor’s Wish ( https://barbaraoconnor.com/books/wish/ ), and more! In a bid to make this an engaging and interactive session, we invite shareholders to submit their questions ahead of the call. The Discord support room is now open for question submission at https://discord.gg/qAb8TbjB7b. MIKP CEO Mark B. Newbauer states: “Please join us for an informative session as we discuss where we have been and where we are headed. By communicating directly with our valued shareholders, we hope to foster a clearer and stronger bond within our community. The Shareholder Conference Call will be held on ZOOM and the link will be provided via Twitter ( www.twitter.com/mtpprods) and press release prior to the call so please stay tuned for the link." “Indeed, there are many exciting updates that we look forward to sharing. Your participation is eagerly anticipated.” LIKE, FOLLOW & SHARE AT: Facebook: @arowanamedia Twitter: @ArowanaOfficial and @MTPprods IG: ArowanaMedia About Mike The Pike Productions (OTC: MIKP), Arowana Media Holdings and Mike The Pike Entertainment Mike The Pike Productions is a publicy traded media holdings company operating through its subsidiary Arowana Media Holdings, Inc. ( www.ArowanaMedia.com ), a fan-owned entertainment studio focused on IP Acquisitions, Development and Production, and building a diverse portfolio of IP for the entertainment marketplace. It does this via its flagship subsidiary, Mike the Pike Entertainment, LLC, which will acquire, incubate and develop IP which can then be used to complement horizontally integrated subsidiaries focused in Film/Television/Streaming, Publishing, Software/Gaming, esports, AR/VR, Web3, Metaverse, and Artificial Intelligence. CONTACT: CEO Mark B. Newbauer hey@mikethepike.com Contact Details Mark B. Newbauer hey@mikethepike.com Company Website http://www.arowanamedia.com/

July 06, 2023 08:30 AM Eastern Daylight Time

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Q India Launches Channel With Global Spiritual Leader and Icon Sadhguru

QYOU Media

Contact Details Doug Barker +1 437-992-4814 shareholder@qyoutv.com Company Website https://www.quoumedia.com

July 06, 2023 07:40 AM Eastern Daylight Time

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Nationalized Resources, Major M&A Bids And Rebounding Lithium Prices: Sprott Asset Management’s ETFs Cover Major Critical Minerals

Benzinga

By David Willey, Benzinga Sprott Asset Management, a subsidiary of Sprott Inc. (NYSE: SII), is a leading global exchange-traded funds (ETFs) asset manager with a specialty in precious metals and energy transition investments. Sprott’s line of Energy Transition ETFs invests exclusively in key critical minerals, the natural materials necessary to create, transmit and store clean energy. Investing in these minerals is key to advancing the clean energy transition, a top priority for governments and corporations around the world. Around $1.1 trillion was invested in clean energy in 2022, making it the first year that clean energy investments have matched fossil fuel investments. While around two-thirds of energy globally is still sourced from fossil fuels, the net-zero goals in the Paris Agreement – signed by 195 parties – meaning that at least 80% of energy will need to become sourced by low-carbon alternatives to meet current objectives. Clean energy investment has received a boost recently from the moves made by several countries toward nationalizing their natural resources. Chile, which has the largest lithium reserves in the world and is the second-largest producer of lithium, has begun nationalizing its lithium industry. This follows Mexico’s decision to nationalize its lithium resources last year. Chile’s move will increase government spending on clean energy and will attract foreign investment. Another sign of what a market strategist called “long-term bullish news” in the sector is its aggressive mergers and acquisitions. The largest lithium producer in the world Albemarle (NYSE: ALB) recently made a $3.7 billion buyout offer for mining company Liontown Resources (OTCMKTS: LINR). However, Liontown’s board unanimously rejected the offer, stating that it substantially undervalued the company and its operations, popping the company’s share price and overall interest. The last commodity cycle for M&A in critical minerals was 2006/7. During that time over $100 billion was used for acquisitions of companies involved in nickel, copper, and other minerals. Since the 2000s, the demand for critical minerals has gone up and is expected to continue rapidly increasing until 2040. Sprott’s ETFs Hold Key Positions In Growing Market Sprott Asset Management has a line of ETFs that the company believes have strong positions in the critical mineral market. Its Sprott Energy Transition Materials ETF (NASDAQ: SETM) has 110 holdings and is the only pure-play critical minerals ETF on the market. Parent company Sprott Inc has decades of experience building relationships with key players in the mining industry. This means that SETM includes a roster of mining and other upstream companies. These are well-positioned in the industry, as Sprott says upstream companies are more likely to receive government investment during the transition to clean energy. “2022 was a global wake-up call regarding the importance of energy transition and security,” said John Ciampaglia, CEO of Sprott Asset Management, when the company launched its ETFs in February of 2023. “Due to years of underinvestment, demand for many energy transition materials now outstrips supply. We believe mining companies focused on energy transition minerals are well positioned to benefit from the significant investments that will be required over the coming decades.” Another fund is the Sprott Lithium Miners ETF (NASDAQ: LITP). The only pure-play lithium mining ETF, LITP is also composed of upstream mining companies. This placement will be key in coming years, as demand for lithium may increase by 40 times between 2020 and 2040. The price of lithium has also seen a continuing rebound after its recent dip — up over 70% since April 25th, and expectations are that the price could continue to climb as demand increases. A third Sprott ETF is the Sprott Uranium Miners ETF (NYSE Arca: URNM). Nuclear power, which is dependent on uranium, is a reliable and efficient source of energy. As such it may become a popular alternative for countries looking to replace fossil fuels. URNM had seen an 11.24% year-to-date (YTD) increase as of April 30, outperforming other commodities that declined more than 7%. Other ETFs from Sprott Asset Management include its Junior Copper Miners ETF (NASDAQ: COPJ), Junior Uranium Miners ETF (NASDAQ: URNJ), and its Nickel Miners ETF (NASDAQ: NIKL). Learn more about Sprott ETFs on its website. For more coverage by Benzinga, visit this link. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

June 30, 2023 09:30 AM Eastern Daylight Time

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