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DV Silver CEO Shawn Khunkhun: "Value-creation is Done Through Growing Your Mineral Inventory"

Dolly Varden Silver Corporation

April 29, 2024 – TheNews w ire – Global Stocks News – On April 23, 2023 Dolly Varden Silver (TSXV:DV) (OTC:DOLLF) announced plans for its 2024 exploration drilling program at its 100% owned Kitsault Valley Project. Key Highlights: Three drill rigs mobilising Initial 25,000 meters diamond drilling planned Follow up on new discoveries Focus on Homestake Silver and Wolf Deposits Low snow packs allow for earlier than usual start in May “ The drill program will be split approximately 50/50 between the Dolly Varden Property and the Homestake Ridge Property,” states DV, “with an overall project split of 1/3 to Homestake Silver deposit area, 1/3 to Wolf deposit area and 1/3 to project wide exploration targets with new discovery potential.” "Our drill results from Homestake Silver were among the highest-grade gold and silver intercepts anywhere in the Golden Triangle in 2023,” states Dolly Varden CEO Shawn Khunkhun. According to the Corporate Finance Institute (CFI), the five key responsibilities of a CEO are: 1. Setting and Executing Organizational Strategy, 2. Build the Senior Leadership Team, 3. Making Capital Allocation Decisions, 4. Setting Vision, Values, and Corporate Culture and 5. Communicating Effectively with All Stakeholders. In the junior markets, it is rare to find a CEO who excels at all five things. Commonly, #5 (Stakeholder Communication) is a glaring weakness. Typically, you find biotech geniuses, technology disrupters and brilliant geologists who are awkward, clumsy communicators. Shawn Khunkhun was appointed the DV SIlver CEO position on February 18, 2020, during a period of depressed metal prices. Since then, he has proved to be demonstratively good at all five parts of his job, including communication to the investment community. Click Image To View Full Size Wolf Vein At the Wolf Vein, drilling is planned to delineate the width and extent of the southerly plunge of wider and higher-grade silver mineralization. Step out holes that define the trace of the plunge are spaced so that any new mineralization can be included in a future resource update. The Company will implement directional drilling technology with the objective of more cost effective and accurate exploration at Wolf, particularly for deep holes. Figure 2. Previously released result highlights (2022 and 2023) on Wolf Vein long section looking northwest showing open zones for follow up and trace of wider, higher-grade plunge as black line. Homestake Silver The program planned for Homestake Silver will start with follow up drilling on the newly discovered gold zone at the northern extent of deposit, where coarse-grained native gold in late-stage quartz-carbonate veins (Figure 3.) returned grades of 1,335 g/t Au and 781 g/t Ag over 0.68 meters within a wider interval of stockwork grading 79.49 g/t Au and 60 g/t Ag over 12.45 meters in drill hole HR23-389. Figure 3. Visible Gold in quartz carbonate vein from drillhole HR23-389 at 410.00m depth. The second part of Homestake Silver drilling will be resource expansion and upgrade holes that target the low angle, north dipping plunge of wide and high-grade gold and silver mineralization encountered in 2023 (Figure 4.). Figure 4. Homestake Ridge Long section looking southwest showing previous results of wide, higher grade plunge and new gold zone at Homestake Silver with 2024 target areas. Exploration Targets including Moose Vein The Moose Vein is located 1.5 km up north of the Wolf Vein and is interpreted to be hosted within a similar cross cutting structure as Wolf. Other Exploration targets on both the Homestake Ridge and Dolly Varden properties include targets within the 5.4 km long area between the southern end of Homestake Silver and Wolf Vein. Shawn KhunKhun recently spoke with Kerry Lutz, a lawyer and entrepreneur who is now the CEO of “The Financial Survival Network”, providing “an alternative to Wall Street’s always-be-buying mantra.” “Primary silver mines are rare,” Khunkhun told Lutz. “They only represent about 28% of the market. We're located in Canada, that has stable mining laws. We are up North in British Columbia where there are not a lot of tourists. We've demonstrated size through acquisition and discoveries.” “This has led to a lot of notable shareholders,” continued Khunkhun. “Including Hecla, Eric Sprott and institutions like Fidelity.” On November 2, 2023 Dolly Varden Silver announced that it has closed a deal where Hecla Canada invested $10 million in DV Silver, raising its stake in DV Silver from 10.6% to 15.7%. Hecla Mining has a market cap of USD $3.13 billion and trades on the New York Stock Exchange (NYSE). It is on track to produce 17 million ounces of silver in 2024. “Hecla’s increased ownership stake is a benefit to us,” Khunkhun told Guy Bennett, the CEO of Global Stocks News. “Hecla has demonstrated it is a sticky shareholder. They're looking to expand their North American silver portfolio. ” Click Image To View Full Size “V alue-creation is done through growing your mineral inventory, or growing your production,” Khunkhun told Lutz, “Dolly Varden is trading at about $1 an ounce in the ground. The average company trades about $4 an ounce in the ground. If I can find more silver for pennies an ounce in the ground, there is a likelihood we’re going to be revalued.” “Our priority with this early [drilling] start is to continue with step-outs as well as infill drilling to confirm continuity of the potentially bulk-mineable mineralization,” stated Khunkhun in the April 23, 2024 press release. “Further south, silver mineralization at Wolf remains wide open for expansion and this seasons' introduction of directional drilling technology will allow for highly accurate placement of drill intercepts.” The currently gold/silver price ratio is 85. “ For the whole of the 20th century, the average gold-silver ratio was 47:1,” reports Investopedia. “In the 21st century, the ratio has ranged mainly between the levels of 50:1 and 70:1. With gold trading at USD $2,350/ounce – 95% of its April 12, 2024 all-time-high of $2,440 - and silver trading at USD $27/ounce, about 60% of its all-time high, it may be an advantageous time in to invest in silver equities. Disclaimer: Dolly Varden Silver paid GSN CND $1,500 for the research, creation and dissemination of this content. Contact: guy.bennett@globalstocksnews.com Full Disclaimer

April 29, 2024 09:00 AM Eastern Daylight Time

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IZEA (NASDAQ: IZEA) Defied Critics And Naysayers As It Helped Pioneer Influencer Marketing In 2004 – Here’s What It Sees Next In The Industry’s Evolution

Benzinga

By James Blacker, Benzinga The 21 st century has witnessed the rise of influencer marketing as a vital tool for brands seeking to boost their online visibility and reach new audiences. It has evolved from a niche strategy into a multi-billion-dollar industry that shapes consumer behavior worldwide. And it’s showing no signs of slowing down, with a projected CAGR of 31.78% over 2024-2029 that would bring the market size to $94.21 billion as businesses of all sizes leverage the advantages it provides. In a nutshell, influencers are individuals who have a significant social media presence and a dedicated follower base and, therefore, have the power to affect purchasing habits by posting content on platforms such as Instagram, YouTube or TikTok. While traditional advertising using celebrity endorsements can sometimes be seen as unrelatable by the everyday individual, influencers can deliver content that is perceived to be more authentic and relatable. Just two decades ago, however, this phenomenon was still in its infancy. Early Seeds Of Influence IZEA Worldwide Inc. (NASDAQ: IZEA) Founder and CEO Ted Murphy recognized early on that independent creators were starting to hold more and more sway over public perception. In 2004, he created the concept of “e-seeding” within his interactive agency. This involved leveraging the influence of bloggers and MySpace celebrities to promote brands. The following year, in 2005 he launched the BlogStar Network, a database of bloggers that the team would reference to send out offers and manually negotiate brand deals. This approach was initially successful, but scaling this type of marketing would require technology. PayPerPost And Industry Disruption In 2006, Murphy created the first influencer marketing platform called PayPerPost – a marketplace that paid bloggers to create content for brands. Initially, sponsored social media content was widely viewed with skepticism. In an era when social media was still free of advertising, Murphy was attacked by many in the industry who were concerned that this new model would lead to a flood of inauthentic content on the internet. Despite raising significant funding and introducing the first disclosure policy in the first year, it still seemed that the industry was against Murphy and unable to see his vision, with countless negative articles written about PayPerPost in that year. Expansion And Recognition In 2007, the company rebranded as IZEA. In the same year, it created a new platform called SocialSpark in response to the rise of Twitter and other social media channels. Two years later in 2009, as demand for Twitter campaigns increased, IZEA launched SponsoredTweets.com. It was around this time that the industry started to take influencer marketing more seriously, and over the next few years, more and more publications began to offer sponsored posts, including the early critics. Today, influencer marketing is a growing multi-billion-dollar space. According to IZEA’s historical transaction data, the average cost of a sponsored blog post grew 98X in the first decade, from $7.39 in 2006 to $726 in 2016. The average cost hit $1,492 in 2022 and has continued to rise, with some creators charging tens of thousands of dollars for a single post. Looking Ahead Speaking at the Adweek Creatorverse event in 2023, Murphy noted that the influencer marketing industry is set to undergo significant changes in the coming years with rapid improvements in AI technology. Research carried out by IZEA Worldwide Inc. (NASDAQ: IZEA) indicates that 66% of influencers are already using AI in their daily life. Furthermore, 38% are using AI to generate images. While the technology is still developing, creators will likely soon be able to use AI to produce realistic images of themselves, anywhere in the world, doing anything. As the industry adopts this new technology, the same concerns over authenticity, content quality and disclosure are sure to arise. However, in Murphy’s words: “The magic that happens when you give people access to new technology, the opportunity that spews from disruption — you can choose to ignore it, you can try to run from it, or embrace it.” Featured photo by dole777 on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. 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

April 29, 2024 08:45 AM Eastern Daylight Time

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Financial Gravity Companies, Inc. Reports Improved Financial Results for the Six Months Ended March 31, 2024

Financial Gravity Companies, Inc.

Financial Gravity Companies, Inc. (FGCO), a comprehensive financial services company supporting investment advisors and tax professionals, announced its financial results for the six months ended March 31, 2024. Highlights: - Investment management fees increased by $1,406,000 compared to the same period in 2023, primarily due to an increase in assets under management. - Profit for the first six months of fiscal year 2024 was $104,000, compared to a loss of $141,000 for the same period in 2023. The 2024 results include a business profit of $287,158 from non-recurring annuity and insurance sales. - Total operating expenses increased by $727,000, mainly due to higher commission expenses related to increased assets under management. "We are pleased to report improved financial performance for the first six months of fiscal year 2024," said Scott Winters, CEO of Financial Gravity. "The positive trends in revenue, profitability, and cash flow demonstrate our commitment to growing our business and expanding our service offerings." Moving forward, Financial Gravity will focus on increasing recurring fees from assets under management and services income, including revenue from insurance activities. The company will also pursue acquisitions and strategic relationships to drive growth and shareholder value. For more information about Financial Gravity Companies, Inc., and its financial services, please visit our website at https://financialgravity.com. About Financial Gravity Companies, Inc. Financial Gravity Companies Inc., along with its subsidiary companies, provides investment and tax professionals with a turnkey family office charter. We help tax professionals evolve from the commoditized business of tax compliance to a Family Office Director that runs and manages their own multi-family office. Family Office Directors are able to leverage the Financial Gravity systems, technology, proprietary resources, and deep domain expertise to bring an elevated and holistic financial service experience to their clients that spans proactive tax planning, retirement and estate planning, wealth management, and risk mitigation. For more information about Financial Gravity Companies, Inc., please visit https://financialgravity.com. Forward-Looking Statements This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert, or change any of them and could cause actual outcomes and results to differ materially from the current expectations. No forward-looking statement can be guaranteed. Forward-looking statements in this press release should be evaluated together with the many uncertainties that affect Financial Gravity's business, and Financial Gravity undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Contact Details Financial Gravity Companies, Inc. Scott Winters +1 800-588-3893 scott.winters@financialgravity.com Company Website https://financialgravity.com/

April 29, 2024 08:33 AM Eastern Daylight Time

You Could Use Your Tax Return To Earn 5% APY On It With Robinhood Gold While You Sleep

Benzinga

By Faith Ashmore, Benzinga For Americans, 2024 contains hope when it comes to tax returns. The IRS shared that as of February 16, the average tax refund is $3,207, which is 2.1% higher than last year. For millions of Americans, tax returns provide relief or are an opportunity to use the money for trips or gifts. As many households have been hit hard by rising inflation, tax returns may be especially coveted this year. But what if you were to use the return to help potentially build some wealth? Robinhood aims to provide a unique opportunity for individuals looking to invest. The company has recently made its subscription product, Robinhood Gold, even more enticing to users. Robinhood Gold subscribers now have the opportunity to earn a 5% annual percentage yield (APY) on uninvested brokerage cash with their cash sweep program. This means that any cash sitting idle in your Robinhood brokerage account will be automatically swept into a program that earns you interest. Robinhood says this new rate is eight times higher than the national average savings rate - based on data from Bankrate as of March 1, 2024. In other words, you can earn money while you sleep, and your money is FDIC-insured up to $2.25 million at partner banks. With this Gold subscription, users have the ability to make larger instant deposits and gain instant access to up to $50,000 in instant deposits. Typically, it takes a few days for deposited funds to become available for investment, but Gold subscribers can bypass this waiting period, allowing them to make opportune investment decisions and seize market opportunities without any delays. Subscribers to Robinhood Gold are also granted access to professional research from Morningstar (NASDAQ: MORN) and Level II market data from the Nasdaq Stock Exchange. Level II data provides investors with a comprehensive view of market activity, including bid and ask prices, market depth and order sizes. This additional information can prove invaluable for investors seeking a deeper understanding of market dynamics, in order to make more informed trading decisions. The benefits don’t end there. Robinhood Gold also offers margin investing at a lower rate of 8% – with the first $1,000 of margin borrowing being interest-free – which allows eligible users to borrow funds and increase their potential returns on investments at a lower cost. Non-subscribers pay a higher margin rate of 12%. Robinhood Gold subscribers can even receive a 3% IRA match on eligible contributions to their Robinhood IRA accounts. Apart from margin investing, Robinhood Gold provides a range of advanced tools and benefits that can enhance an individual's investing experience. These include higher interest rates on uninvested cash, instant deposits, access to professional research and market data and a suite of features catering to both short-term investments and long-term retirement planning. As Americans consider what to do with their tax return, investing in future wealth might be the way to go. Featured photo courtesy of Robinhood. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. All investments involve risk and loss of principal is possible. Returns are not guaranteed. Robinhood Gold is offered through Robinhood Financial LLC and is a membership offering premium services available for a fee. The Brokerage Cash Sweep Program is an added feature to your Robinhood Financial LLC brokerage account. Interest is earned on uninvested cash swept from your brokerage account to program banks. Program banks pay interest on your swept cash, minus any fees paid to Robinhood. As of November 15, 2023, the Annual Percentage Yield (APY) that you will receive is 5% for Robinhood Gold members. Terms apply. The APY might change at any time at the program banks' discretion. Additionally, any fees Robinhood receives may vary and is subject to change. Neither Robinhood Financial LLC nor any of its affiliates are banks. Bigger instant deposits are only available if your instant deposit status is in good standing. Margin investing involves the risk of greater investment losses. Before using margin, customers must determine whether this type of strategy is right for them given their investment objectives and risk tolerance. For margin enabled customers, to earn interest through the cash sweep program, a cash balance is needed. If you have a margin balance, there is no cash balance to earn interest. Limitations apply to the retirement match and terms apply to IRAs. 3% match requires Robinhood Gold for 1 year from the date of first 3% match. Must keep Robinhood IRA for 5 years. The Robinhood IRA is available to any U.S. customer with a Robinhood brokerage account in good standing. Interest does not apply to IRAs. Robinhood does not provide tax advice. For specific questions, you should consult a tax professional. Robinhood Financial LLC (member SIPC ), is a registered broker dealer. Robinhood Securities, LLC (member SIPC ), is a registered broker dealer and provides brokerage clearing services. All are subsidiaries of Robinhood Markets, Inc. (‘Robinhood’). Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

April 29, 2024 08:30 AM Eastern Daylight Time

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Symphony showcases its community innovations at flagship conference, including interoperability with Microsoft Teams

Symphony Communication Services

Symphony, the leading markets’ infrastructure and technology platform, will be interoperable with Microsoft Teams, it was announced at the company’s flagship event Symphony Innovate in New York on April 18th. The solution demonstrated two distinct capabilities to connect users on Symphony securely with Teams: connecting internal Teams users natively through Symphony’s directory and bi-directional chats with external contacts on WhatsApp, SMS and WeChat, through the embedded Symphony Connect app, complementing the firm’s existing video integration. Video. For the first time, Symphony showcased the power of AI when used with its Cloud9 Trader Voice product. The new generative AI-powered and AI noise-suppressed solution provides high-accuracy transcription and intelligence to voice trading interactions, extracting detailed analysis with models trained in trading floor jargon, informing strategic decisions, improving trader efficiency, and simplifying customer risk management. Through the use of AI, the solution supports deal tagging, allowing users to extract deal-related information from voice calls such as price, quantity, and asset class, to build a comprehensive, concise transaction summary. Symphony’s specialized language models are being used to identify relevant keywords, phrases, or context to mark a conversation as a deal confirmation call. Video. With the T+1 settlement cycle fast approaching, the operations directory showcased the ease of finding and connecting with peers, expediting issue resolution, and exception management on Symphony. The Depository Trust & Clearing Corporation took to the stage to help share Symphony’s embedded collaboration platform (ECP) integration with Central Trade Match (CTM), DTCC’s platform to allocate and centrally match transactions globally. This integration - currently being piloted - will allow users to communicate with counterparties directly, reducing context switching and manual data entry to streamline post-trade matching and confirmation, an important aspect of T+1. Video. Another five ECP use cases were shown on stage in a clear validation of the relevance of Symphony’s interoperability play to the industry. CEO Brad Levy said: “Innovate is the forum where Symphony’s industry-leading customers and partners get to showcase the innovations built on our platform. We are proud to be connecting people and companies in a distributed, flexible, and interoperable way, through the right tech stack and infrastructure.” He explained: “In a time where firms must choose to disrupt or be disrupted, Symphony has the right technology to drive innovation and move with precision in a time of uncertainty.” CEO keynote video. Among the industry leaders on stage showcasing the community innovations were John Hoffman from DTCC, Guilis Aquino, Ella White, and David Feldman from Citi, Afzal Memon and Kate Finlayson from JP Morgan, Mike Torregrossa from UBS, Peter Williams and Anand Gupta from Wells Fargo, Brandi Love from RBC, Nigel Someck from MDXT, Sid Bhandari from Loanbook, Omar Gazarin and Rahul Ravikrishnan from Eidosmedia, Paul Taylor from HUB, Eslam Gebriel from Goldman Sachs, Steve Surdykowski from Capital One, Mauricio Sada-Paz and Robert Mackenzie Smith from Bank of America, Sarah Schaffer from BlackRock, Venu Bolisetty and Thomas Dolan from 28Stone, Philip Slavin and Kishan Bharwad from Taskize, Miguel Ferreria from Euroclear Bank, Colin Duggin from TP ICAP, Matthew Cheung from ipushpull, and Mohamed Khalifa from JP Morgan Private Bank. Symphony’s new virtual number solution was introduced as a way for firms to provide employees with a convenient, centralized, and compliance-friendly identity for communication across mobile voice, SMS, and social messaging applications. Symphony has partnered with Umony, a telecommunications compliance specialist, to capture and archive mobile communications, while summarizing call transcripts, analyzing sentiment, and flagging compliance risks using Umony trained LLMs for true end-to-end, GenAI-powered communications compliance. Video. More than 200 leaders joined Symphony Innovate 2024 in person, and over 400 professionals globally watched live online. You can view all Innovate 2024 sessions here. More session videos: Welcome and opening RBC/MDXT NewBridge LoanBook Eidosmedia Wells Fargo HUB In Conversation: Market Structure Evolution Citi 28Stone Taskize & Euroclear Bank TPICAP & ipushpull About Symphony Symphony is the most secure and compliant markets’ infrastructure and technology platform, where solutions are built or integrated to standardize, automate and innovate financial services workflows. It is a vibrant community of over half a million financial professionals with a trusted directory and serves over 1000 institutions. Symphony is powering over 2,000 community built applications and bots. For more information, visit www.symphony.com. Contact Details Odette Maher +44 7747 420807 odette.maher@symphony.com Company Website https://symphony.com/

April 29, 2024 08:24 AM Eastern Daylight Time

New Standard of Care? IceCure Submits Final ICE3 Data To FDA, Minimally Invasive Cryoablation Shows Similar 5-year Recurrence Outcomes To Surgery With Hormone Therapy

Benzinga

By Meg Flippin, Benzinga IceCure Medical Ltd. (NASDAQ: ICCM), the Israeli medical device developer of ProSense®, an advanced liquid-nitrogen-based cryoablation therapy that destroys tumors (benign and cancerous) by freezing them, is one step closer to getting U.S. Food and Drug Administration approval to market ProSense® to treat patients with early-stage T1 invasive breast cancer with cryoablation and adjuvant hormone therapy. IceCure just reported final clinical trial results of 100% patient and physician satisfaction with the minimally invasive procedure. At the 5-year follow-up evaluation, 96.3% of the subgroup of patients treated with ProSense® cryoablation, followed by hormone therapy, were estimated to be free from local recurrence Earlier in April, the company submitted its final data to the FDA which included five-year follow-up data from its ICE3 study, a sub-analysis of the ICE3 results compared to studies that evaluated the risk of recurrence in patients with low-risk Luminal A breast cancer who were treated with lumpectomy surgery and received hormone therapy and real-world data from the use of ProSense® globally, including post-market commercial use as well as data from independent third-party studies. ProSense®, which received the FDA's Breakthrough Device Designation, is already cleared for use in the U.S. for several other indications, including treating benign tumors of the breast and tumors in the kidney and liver. Positive Topline Results IceCure’s ICE3 study was the largest controlled multicenter clinical trial ever performed for liquid nitrogen (LN2) based cryoablation of low-risk, early-stage malignant breast tumors. The five-year recurrence-free rates from the study, which evaluated IceCure's minimally invasive 20-to-40-minute outpatient cryoablation procedure, were in line with expectations and showed similar outcomes to lumpectomy, the current standard of care for early-stage breast cancer patients, which is breast surgery that requires an operating room and hospital stay. In the ICE3 study, 96.39% of patients (187 out of 194 patients) were local recurrence-free with no significant device-related adverse events or complications reported. A comparison of this result from the ICE3 study shows similar outcomes in five-year recurrence rates compared to patients in other studies who were treated with lumpectomy followed by hormone therapy. The LUMINA study reported a 97.7% recurrence-free rate at five-year follow-up and the PRISMA meta-study, which included Lumina, reported a 97.19% recurrence-free rate at five-year follow-up. ICE3 results are also in line with data from real-world use of ProSense® by third parties in territories where IceCure's cryoablation system is used to treat early-stage breast cancer. In the final ICE3 analysis, no significant device-related adverse events or complications were reported, and all patients and physicians reported satisfaction with the ProSense® procedure, the company said. That means 100% of physicians and patients were happy with the treatments they received. Dr. Richard Fine, ICE3’s lead investigator, presented final data from the ICE3 study at the American Society of Breast Surgeons 25th Annual Meeting, where he commented, "Cryoablation is a safe, minimally invasive ablative procedure with acceptably low five-year same breast recurrence similar to that of lumpectomy for similar patient populations, with the benefit of being an office-based, nonsurgical treatment. Further study within a clinical trial or registry is needed to confirm cryoablation as a viable alternative to surgical excision in the appropriately selected patients.” Dr. Fine’s presentation, which received the conference’s Scientific Impact Award, was well received by breast surgeons who are constantly looking for treatments that are minimally invasive and effective. A New Way To Treat An Old Problem What makes cryoablation so attractive to freeze and destroy tumors is that it is minimally invasive, has little pain associated with it and thanks to an ultrasound or computerized tomography can accurately destroy diseased tissue within the tumor zone. Cryoablation also costs less than a lumpectomy and reduces the risk of follow-up surgery. With a lumpectomy, the re-excision rate is between 14-21%. IceCure’s ProSense® has the potential to become a new standard of care treatment for women with early-stage T1 invasive breast cancer, marking a major improvement to the care available today. Some researchers have even called cryoablation the “ ultimate esthetic solution for breast cancer ” because it reduces the need for pre-emptive or corrective surgical procedures to maintain or restore breast volume, contour and symmetry. "Initial reimbursement codes are already in place and our U.S. marketing and commercial team is ready, as we await the FDA's response. Driven by favorable healthcare economics combined with patient satisfaction and demand, we expect rapid adoption pending FDA granting the DeNovo Classification Request for Marketing Approval," stated IceCure CEO Eyal Shamir. With Reimbursement In Place, IceCure Is Ready To Go With the final data submitted, IceCure is ready to go once the FDA gives it the green light. The company received what it said was the first Medicare coverage approval of a cryoablation procedure for breast cancer. The Centers for Medicare & Medicaid Services (CMS) set the reimbursement payment at about $3,400 for the facility alone. Additional coverage, including payment for the physician, is expected upon establishment of the permanent CPT Category I code, which is conditioned on factors including the company's receipt of FDA marketing authorization of ProSense® for breast cancer. Having that reimbursement should enhance the usage of the ProSense® system. Nearly 300,000 women are diagnosed with invasive breast cancer yearly, and the majority have to undergo invasive treatments and deal with follow-up surgeries in the quest to live cancer-free. IceCure is changing that by freezing tumors to destroy them. IceCure seems poised to do exactly what it set out to do: provide women with an alternative minimally invasive treatment option. Featured photo by Angiola Harry on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

April 29, 2024 08:20 AM Eastern Daylight Time

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INSIDER BUYING: Vuzix (NASDAQ: VUZI) Executives Including CEO Snap Up Shares

Benzinga

By Meg Flippin, Benzinga Vuzix Corp. (NASDAQ: VUZI), the maker of smart glasses and augmented reality (AR) products, seems to be off to a good start in 2024 with several potential big deals in the works for both its enterprise products and original equipment manufacturing projects. At the same time, the Rochester, New York-based smart glasses maker with more than 375 patents is in a judicious cost-cutting mode, reducing expenses, improving margins and extending its operational runway. "In 2023, Vuzix made important advancements in our product development, core optics technologies and manufacturing, all of which uniquely position Vuzix to play an important role in the expected to become multibillion-dollar AR smart glasses market," said Paul Travers, President and CEO of Vuzix, when reporting full-year 2023 results. “We have a good book of business with identified opportunities, representing large potential deals and cornerstone customers for our enterprise products. And on the OEM side of our business, we expect to enter into several new projects with new and existing defense and consumer product-focused customers over the course of the year.” Insider Buying Signals Confidence Travers and other executives at Vuzix believe in the company not just as employees but also as investors. They have been showing their confidence in the company’s prospects by buying up stock during the past month. When insiders, namely CEOs, buy shares of their company, it signals executives have confidence in the business and/or think the stock is undervalued. It’s something investors pay close attention to. If insiders were selling shares rather than purchasing them, it could be a red flag that something is amiss. Based on Travers’ recent share purchases, he’s confident of the value Vuzix offers. On April 18, the CEO purchased 7,500 shares at $1.34 per share for $10,062. Days later, Travers was buying more, purchasing 14,500 shares at $1.25 each, for a cost of $18, 163. All told the CEO spent $28,225 to buy 22,000 shares over a few days. Meanwhile, director Timothy Heydenreich Harned purchased 20,000 shares on April 22 at $1.31 per share, totaling $26,188. The moves on the part of the executives demonstrate leadership’s strong confidence in the company’s future. After all, if they weren’t so upbeat about the company and thus its stock’s prospects, they wouldn’t spend thousands of dollars to increase their holdings. It's worth noting that Vuzix’s executives aren’t deterred by volatility in the stock either. Travers spent $1.34 per share one day and when he saw an opportunity to acquire more again when the stock fell to $1.25 per share, he pounced on the opportunity. Winning Deals, Making Tech Inroads There seem to be many reasons for executives expressing confidence in Vuzix, given its 20-plus-year leadership position in the smart glasses market and the growth potential of that industry. Vuzix reports that it pioneered workforce AR and still continues to have the industry’s most diverse portfolio of enterprise smart glasses, with form factors ranging from lifestyle (Vuzix Z100), to sporty (Blade 2), to safety (Shield), to industrial and medical (M series). All of their AR products offer users a portable, high-quality viewing experience, and they expect their product portfolio, OEM and display system offerings to continue to diversify. They are also operating in an industry poised for more growth. The global smart glasses market is forecast to reach $13.68 billion by 2031, growing at a CAGR of 10.3% from 2024 through 2031. Vuzix’s success with customers for its existing and future technology is another reason Travers and other executives are so optimistic. Consider its Incognito™ Waveguide Technology, which effectively conceals any forward-facing content displayed on smart glasses. Vuzix waveguides are renowned for their exceptional brightness, clarity and performance. They can accommodate larger fields of view (FOVs) and are adaptable to a diverse range of form factors. These waveguides necessitate a robust display engine specifically designed for this purpose. Consequently, has engineered and introduced the world's smallest and most advanced display engine, which is about the size of a pencil eraser and has been recognized in the media as the tiniest microLED projector available. Vuzix reports it is engaged with potential customers and development partners ranging from U.S. and international defense organizations to a number of well-known brands and OEM supply companies. Orders Continue to Flow Then there are its Vuzix M400 smart glasses. The company just received additional orders for the smart glasses from a Fortune 100 global retailer that is using the glasses to support its warehousing and logistic needs. The smart glasses are being used in multiple locations globally including the U.S., Canada, Mexico and throughout Europe, the Middle East and Africa (EMEA). Vuzix reports that customers have continued to expand across an increasing number of their company locations since the start of 2024. This year is shaping up to be a busy one for Vuzix both on the enterprise and OEM fronts. So much so that executives, including CEO Travers, are buying up shares, signaling their confidence. With more news expected in the months to come, investors may want to pay close attention to what insiders do next. Featured photo by Sabri Tuzcu on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

April 29, 2024 08:15 AM Eastern Daylight Time

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Leading Brand in Inclusive Beauty Black Radiance Adds All-New Products to Melanin-Minded Line

Black Radiance

Black Radiance, the trusted cosmetics brand for women of color, is expanding its dedication to inclusive beauty with its latest collection of products. For over thirty years, Black Radiance has led the charge toward recognizing and celebrating the diversity of darker complexions by offering affordable, high-quality cosmetics with uncompromising color, trusted coverage, and formula innovation. As an extension of the brand's mission, Black Radiance launched four new affordable products that encourage people of color to embrace, enhance, define, and love their shade of beauty. The launches include The Pressed Powder, Beyond A Pout™ Lip Balm, Bold & Sexy™ Gel Eyeliner, and Brilliant Effects™ Eye Shadow Palette. "Embracing the diverse beauty of melanin-rich skin tones has been at the heart of Black Radiance for over thirty years,” said K. MacDonald Parris, Vice President, Marketing at Black Radiance. “With our latest collection, we continue our commitment to inclusivity, offering affordable, high-quality cosmetics that empower people of color to define and celebrate their unique shades of beauty." Essential to the brand’s complexion product line, the Pressed Powder is formulated to balance melanin-rich skin tones with a matte finish that looks fresh all day. The lightweight, pigment-rich powder is available in twelve shades, including 3 new fair to light shades to meet the diverse range of complexions among women of color. All shades are available now on Amazon and in-store at Walmart in June. Over 90% of consumers indicated skin moisture was significantly improved after applying the formula. The shea butter lip balm is infused with Vitamin E, Sodium Hyaluronate, and an exclusive blend of ten botanical oils, to prime, moisturize, soften, and condition lips. The multi-benefit lip balm comes in 5 vibrant yet sheer shades to accentuate melanated lips, including Pamper in clear, Kissable in mauve, Pucker Up in red, Luscious in plum, and the best-seller Smooches in fuchsia. Black Radiance Bold & Sexy™ Gel Eyeliner contours, shapes, and defines with custom definition. The dual-ended pencil features two waterproof formulas, a thin, tapered pencil for contouring and outlining and a thicker crayon that saturates eyelids with smudge-proof matte color that can be worn as an eye shadow. Rounding out the collection, Black Radiance expanded the Brilliant Effects™ Eye Shadow Palette collections with two new colorways: Paradise and Starstruck. Paradise features twelve pigment-rich hues inspired by an oasis of lush, evergreen gardens to define eyes with vivid imagination while Starstruck captivates attention with mesmerizing metallic shades that give eyes a sensational glow. Black Radiance is available to shop at www.blackradiancebeauty.com, Amazon, Target, Walmart, Rite-Aid, Walgreens, and CVS. For more information and updates, visit www.blackradiancebeauty.com and follow @blackradiancebeauty on social media. High res images, interviews, and media samples are available upon request. About Black Radiance: For over 30 years, Black Radiance® has recognized, represented, and celebrated the diversity of darker complexions by offering affordable, high-quality cosmetics with uncompromising color, trusted coverage, and formula innovation. Black Radiance empowers and inspires women of color through cosmetics, beauty, and lifestyles. Our mission – to enable Black women worldwide to be even more beautiful. We promise to create both products and experiences that encourage women of color worldwide to embrace, enhance, define, and love their shade of beauty. Contact Details Six One Agency Cami Carlson camryn@six-one.com

April 29, 2024 08:03 AM Eastern Daylight Time

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VIVOPOWER ANNOUNCES SALE OF AUSTRALIAN CRITICAL POWER BUSINESS UNIT

VivoPower International PLC

VivoPower International PLC (Nasdaq: VVPR, "VivoPower” or the "Company”) is pleased to announce that it has entered into a definitive asset sale agreement for the sale of one of its non-core business units, Kenshaw Electrical (“Kenshaw”), to ARA Group Limited (“ARA”), a leading diversified industrial services group based in Australia. This is in line with VivoPower’s previously announced strategy to focus on reinvesting in its strong growth businesses including Tembo. Pursuant to the terms of the asset sale agreement, VivoPower will receive approximately A$5.0m in total consideration, subject to final net working capital adjustments. The asset sale agreement is subject to customary conditions and is expected to complete on July 1, 2024. VivoPower was advised on this transaction by STS Capital Partners in Singapore. About VivoPower VivoPower is an award-winning global sustainable energy solutions B Corporation company focused on electric solutions for customised and ruggedised fleet applications, battery and microgrids, solar and critical power technology and services. The Company’s core purpose is to provide its customers with turnkey decarbonisation solutions that enable them to move toward net-zero carbon status. VivoPower has operations and personnel in Australia, Canada, the Netherlands, the United Kingdom, the United States, the Philippines, and the United Arab Emirates. Forward-Looking Statements This communication includes certain statements that may constitute “forward-looking statements” for purposes of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterisations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, the anticipated impact that the events or transactions described in this communication may have on the Company and the expected returns therefrom. These statements are based on VivoPower’s management’s current expectations or beliefs and are subject to risk, uncertainty, and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of VivoPower’s business. These risks, uncertainties and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes in general economic conditions, geopolitical events and regulatory changes, expectations on funding from investors or M&A, and other factors set forth in VivoPower’s filings with the United States Securities and Exchange Commission. The information set forth herein should be read in light of such risks. VivoPower is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements whether as a result of new information, future events, changes in assumptions or otherwise. Contact Details Shareholder Enquiries shareholders@vivopower.com Company Website https://vivopower.com/

April 29, 2024 07:30 AM Eastern Daylight Time

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