News Hub | News Direct

All Industries


Article thumbnail News Release

Lions International Honors Stephen Lewis Foundation with Humanitarian Award

Lions International

For its dedication to humanitarian service and championing health and human rights to end AIDS, the Stephen Lewis Foundation will be presented with the 2024 Lions Humanitarian Award during the 106th Lions Clubs International Convention this June. Stephen Lewis Foundation co-founder Ilana Landsberg-Lewis will accept the award.   The Stephen Lewis Foundation partners with community-led organizations that empower women and girls, grandmothers, orphaned and vulnerable children, LGBTIQ communities and people living with HIV. It delivers funds directly to these organizations who are at the forefront of responses to the HIV epidemic in 14 countries across sub-Saharan Africa.   "Working with, and learning from, African women leaders of grassroots organizations at the frontlines of the AIDS pandemic is what lies at the heart of the core values of the Stephen Lewis Foundation,” said Stephen Lewis Foundation co-founder Ilana Landsberg-Lewis. “Our aspiration is to amplify their voices and expertise. We aim to ensure that they have support that responds to their own priorities and agendas, and that their advocacy, power, deep knowledge, resilience and persistence are recognized as an essential and transformative force.”   The Lions Humanitarian Award is the association's highest honor, given to an individual or an organization with exemplary humanitarian efforts. This award comes with a Lions Clubs International Foundation grant for up to US$250,000 to a charitable organization for continuing humanitarian activities. The Stephen Lewis Foundation joins a distinguished list of prior recipients, including Mother Teresa, former U.S. President Jimmy Carter and Chef and humanitarian José Andrés.   "We are truly honored to present this award to the Stephen Lewis Foundation, whose leaders, donors and volunteers strive to create a future free from stigma and poverty arising from the impact of HIV and AIDS on families in sub-Saharan Africa and to instill hope in generations to come," said Lions International President Dr. Patti Hill. "The foundation’s work, including the Grandmothers to Grandmothers Campaign, creates oases of love and strength, weaving a tapestry of care that stretches across communities around the world. They truly are changing the world one life at a time.”   Since 2006, Canadian, American, Australian, and British grandmothers and grandothers have joined African grandmothers in solidarity through the Campaign. Thousands of members raise significant funds — $40 million — and awareness in support of grandmothers caring for children who have lost their parents to AIDS, and to claim their human rights. They rally behind the call, “We will not rest until they can rest!”   Learn more about the Lions Humanitarian Award and see our list of winners at www.lionsclubs.org/humanitarian-winners.   About Lions International   Lions International is the largest service club organization in the world. More than 1.4 million members in over 49,000 clubs are serving in 200 countries and geographic areas around the globe. Since 1917, Lions have strengthened local communities through hands-on service and humanitarian projects, and we extend our service impact through the generous support of our Lions Clubs International Foundation. We are focused on supporting vision, the environment, childhood cancer, hunger, diabetes and other pressing humanitarian needs to help address some of the biggest challenges facing humanity. For more information about Lions International, visit lionsclubs.org.   About the Stephen Lewis Foundation   For more than 20 years, the Stephen Lewis Foundation has challenged traditional power structures in international development and philanthropy by shifting resources into the hands of local communities. The HIV epidemic remains a public health emergency in sub-Saharan Africa fueled by racism, gender inequality, and colonialism. Committed to community-led solutions, we provide funding and allyship to local organizations who are restoring hope, reclaiming human rights, fighting injustice, and saving lives.

May 01, 2024 11:00 AM Eastern Daylight Time

Article thumbnail News Release

Genius Group adds Alan Turing AI Avatar to C-Suite of Avatars as it disrupts education model

Genius Group Limited

Genius Group Limited (NYSE-A:GNS) CEO Roger Hamilton discusses the company's innovative use of artificial intelligence (AI) in education with Proactive's Stephen Gunnion. Genius Group, an edtech firm, is at the forefront of integrating artificial intelligence to enhance lifelong learning. It boasts a platform supporting 6 million users ranging from children to adults in need of reskilling. The company's unique AI, "Genie," provides personalized learning pathways by initially assessing users' passions and guiding them accordingly. Recently, Genius Group expanded its AI capabilities by introducing multiple AI avatars of historical figures, such as Alan Turing, who has been named the Chief AI Officer. These AIs adopt the characteristics and knowledge of their historical counterparts to deliver tailored educational content. Hamilton highlighted Turing's role in advancing AI's integration into their platforms and shaping the future of educational strategies. He also touched upon future projects like Genius Cities, aiming to blend local culture and advanced AI to foster environments that enhance human and technological growth simultaneously. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

May 01, 2024 10:40 AM Eastern Daylight Time

Video
Article thumbnail News Release

Giyani Metals advances with key financing for Botswana manganese project targeting the EV industry

Giyani Metals Corp

Giyani Metals Corp (TSX-V:EMM, OTC:CATPF) CEO Danny Keating joined Proactive's Stephen Gunnion with news that the company is pushing quickly ahead with its flagship high-purity K. Hill manganese project in Botswana and the construction of a demonstration plant in Johannesburg. The company has drawn down the first $5.7 million of a $16 million convertible loan facility secured from South Africa's Industrial Development Corporation (IDC). In total, Keating said the company has completed a $26 million funding round, minimising shareholder dilution by combining equity and debt financing strategies. This funding supports the construction of the demonstration plant, which will play a crucial role in establishing credibility with potential customers through the production and consistent delivery of high-quality manganese. Keating said the company, focusing on the development of high-purity manganese for electric vehicle (EV) batteries, addresses a growing demand in a market predominantly dominated by Chinese production. He emphasized the strategic importance of diversifying the supply chain to include non-Chinese sources, highlighting Giyani Metals' efforts to establish Western production capabilities. Keating also touched on the forthcoming stages of the project, including a definitive feasibility study slated for 2025, which will precede final investment decisions. The strategic developments at Giyani Metals are poised to position the company favourably within the evolving EV battery component market, capitalising on legislative shifts such as the US Inflation Reduction Act, which mandates increased use of non-Chinese materials in EV batteries. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

May 01, 2024 10:37 AM Eastern Daylight Time

Video
Article thumbnail News Release

Exploring the Influential Leadership Legacy of Wilbert T. Lee: A Philippine Congressional Force.

Plato AI

New York, May 1st, 2024 - (PlatoAI via 500NewsWire) -- In a world often colored by political machinations and self-serving motivations, Representative Wilbert T. Lee emerges as a luminary of integrity and sincere dedication to the well-being of the Filipino population. His formidable first term in politics is decorated with a multitude of profoundly significant legislative accomplishments, with standout examples being the Philippine Salt Industry Development Act and the New Agrarian Emancipation Act - both indicative of his commitment to catalyzing economic progress and amplifying local communities' agency. Before stepping foot into the realm of politics, Lee was renowned for his monumental business empire. As the chief executive officer of one of the largest companies in the nation, he decided to confront a novel challenge and apply his unparalleled business acumen and leadership proficiency to politics, thereby testing the resilience and principles which he is well-regarded. Since his victorious entry in the 2022 elections as a representative for the AGRI-Party, Lee's ethos has always been about service before self. But the victory was only the commencement of his political journey, a journey where he has proven himself to be both a strategic thinker and a meticulous executor. He earned a reputation for his no-frills approach, assuming guardianship over his constituency and not withholding criticism, even if it targeted influential figures who, from his perspective, compromised the interests of the public. Lee corroborates his guardianship with action, fulfilling the expectations that have been placed on him. Holding prestigious positions in 24 diverse committees in Congress, Congressman Lee has authored and co-authored a whopping total of 255 significant acts, many of which have been cemented into law. Two laws that undeniably leave a formidable mark on his first term are the Philippine Salt Industry Development Act (House Bill No.8287) and the New Agrarian Emancipation Act (Republic Act No. 11953). The Philippine Salt Industry Development Act, which enjoys bipartisan support, was an essential piece of legislation that sought to rejuvenate the local salt industry and formulate a comprehensive development plan for all stakeholders. It marked a substantial breakthrough, particularly considering that the Philippines was heavily reliant on imports for meeting their salt demand. Understanding the pressing need of the situation, Congressman Lee, alongside fellow representatives, pushed for this legislative initiative, recognizing the salience of the salt industry to the nation's agricultural fabric. They proposed an all-encompassing approach for the reinvigoration of the sector, characterized by apt classification of salt as a vital agricultural product, setting up a dedicated council for the industry's development, and introducing essential support mechanisms, such as development funds and technical assistance. Going forward, the act promises to reboot the local salt industry, thereby benefiting the craftsmen working in the sector and ultimately contributing to the nation's economy. Another formidable accomplishment during Lee's first term was the passage of the New Agrarian Emancipation Act. This Act serves as a beacon of hope that underscores the power of collaborative governance, giving respite to farmers mired in debt and strengthening the country's agricultural base. As a catalyst for rural development, the law stands testament to Lee's unwavering dedication to welfare and justice. Whether it was mitigating an impending surge in insurance rates or advocating for an augment in healthcare benefits, Lee's proactive stance on issues of public concern further cements his reputation as a leader who transcends traditional political boundaries. While the future path of the committed congressman is not for us to predict, we can safely state that it'll be one that aligns with the broader interests of the Filipino populace. As his impressive first tenure showed, Lee's principal aim will undoubtedly be the greater good. Contact Details Bryan Feinberg +1 551-574-2169

May 01, 2024 10:36 AM Eastern Daylight Time

Image
Article thumbnail News Release

Sovereign Metals steps up operations with new CTO and industrial equipment

Sovereign Metals Ltd

Sovereign Metals Limited managing director Frank Eagar joins Proactive's Stephen Gunnion with details of key developments. The company has appointed Dr Surinder Ghag as chief technology officer for graphite, marking a strategic move to enhance its operations in graphite production, particularly for the lithium-ion battery industry. Garg, noted for his expertise in anode materials for batteries, is expected to play a critical role in developing Sovereign Metals’ downstream test work programs. Sovereign Metals also announced the procurement of an industrial-scale spiral concentrator, which will be used to increase graphite concentrate sample preparation at their Malawi facility. This equipment is intended to replicate the plant's future operations and is currently being commissioned in Cape Town before being shipped to Malawi. This setup will enable Sovereign Metals to produce larger bulk samples of graphite concentrate, crucial for qualifying the material for high-end applications like battery manufacturing. Eagar highlighted that graphite will account for 50% of the company's revenue streams, underscoring its importance to their business model. Looking ahead, Sovereign Metals is planning a trial mine and trial rehabilitation program in collaboration with strategic investor Rio Tinto, aiming to generate the necessary materials for the new spiral concentrator plant. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

May 01, 2024 10:35 AM Eastern Daylight Time

Video
Article thumbnail News Release

Strip Tinning reports 2023 results; eyes major growth with new automotive and EV technologies

Strip Tinning Holdings PLC

Strip Tinning Holdings PLC (AIM:STG) executive chairman Adam Robson joined Proactive's Stephen Gunnion with an overview of the company and highlights of its 2023 financial year. Founded in Birmingham 50 years ago, Strip Tinning originally manufactured copper strips for automotive demisters. Over time, it evolved into a specialist producer of connectors used in car glazing systems, integrating electronics like aerials and radar within automotive glass. Recently, the company expanded into the Battery Technologies division, targeting the burgeoning electric vehicle (EV) market with specialised connectors for battery packs, marking a significant diversification of its product offerings. Robson highlighted 2023 as a pivotal year, featuring robust commercial progress with a revenue of £10.8 million and an adjusted EBITDA of £0.1 million. The Glazing division, contributing the majority of sales, achieved a substantial turnaround, with gross margins increasing from 6% in 2020 to 40% in 2023. This recovery is credited to strategic adjustments made in response to external challenges like the Ukraine conflict and inflationary pressures. Additionally, the company recently secured significant new orders, bolstering its order book by 91% and promising considerable future growth. Looking ahead, Robson envisions 2025 as a transformative year for Strip Tinning, driven by these new ventures, especially in the EV and smart glass markets. A recent capital raise of £5.1 million is aimed at supporting these growth ambitions, positioning the company for a potential doubling of sales over the next three years. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

May 01, 2024 10:32 AM Eastern Daylight Time

Video
Article thumbnail News Release

Rainbow Rare Earths and US critical minerals policy: CEO George Bennett's insights

Rainbow Rare Earths Ltd

Rainbow Rare Earths Ltd CEO George Bennett joins Proactive's Stephen Gunnion with details of a Financial Times feature that highlighted the company's Phalaborwa rare earths project as a bellwether for US critical minerals policy. Bennett highlighted the US Development Finance Corporation's commitment of $50 million to Phalaborwa, which is recognized for its potential to become the highest-margin rare earth project globally. Despite recent volatility in critical mineral prices, Bennett stated that Rainbow could maintain substantial EBITDA margins even at lower market prices due to its strategic and economical project design. Bennett also addressed the global dependency on Chinese rare earth supplies, noting China’s dominance in production and processing critical for modern technology and defence applications. He proposed that the US government should consider stockpiling rare earths to secure a stable supply chain outside of China. This would support the development of a strategic supply chain in the West, enhancing global supply security. Furthermore, Bennett expressed confidence in the resilience of the Phalaborwa project against price fluctuations, citing its innovative recycling of gypsum waste in South Africa as a key factor in its low production costs and high profitability potential. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 01, 2024 10:21 AM Eastern Daylight Time

Video
Article thumbnail News Release

Nexus Minerals announces significant expansion of Crusader Templar resource

NEXUS MINERALS LIMITED

Nexus Minerals Ltd managing director Andy Tudor joined Proactive's Stephen Gunnion with details of a significant expansion of the Crusader Templar resource at the Wallbrook gold project, which now exceeds 300,000 ounces. This growth is attributed to extensive drilling activities conducted throughout 2021 and 2022, with the resource update encompassing a more comprehensive analysis of the geology and mineralisation. Tudor emphasised the higher quality of this resource, marked by a lowered cut-off grade that better reflects the deposit's specific characteristics. Economic factors have played a crucial role in the updated resource estimate, with increased emphasis on potential economic extraction prospects, which have been integrated into the 2024 Mineral Resource Estimate. The updated estimate also considers dilution, recovery rates, and current gold prices, among other economic variables. Tudor also discussed ongoing mining studies and a scoping study that is well underway, which incorporates extensive current data on metallurgy, geotechnical aspects, and environmental factors. This includes flora and fauna surveys, heritage assessments, and logistical considerations such as proximity to existing infrastructure. Despite the significant increase in the resource estimate, Nexus Minerals continues to explore further, with additional drilling planned to enhance the understanding of the deposit's potential and refine the economic viability of extracting these resources. Contact Details Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

May 01, 2024 10:11 AM Eastern Daylight Time

Video
Article thumbnail News Release

ETC Group's Bradley Duke discusses bitcoin trends and new ETP launch

HANetf Holdings Limited

ETC Group founder and chief strategy officer Bradley Duke discusses recent trends in Bitcoin's market performance and future expectations with Proactive's Stephen Gunnion. He noted Bitcoin's peak prices above $72,000 in March and April, attributing these to the SEC approval of spot Bitcoin ETFs in the US. Duke described the subsequent price retracement to below $60,000 as a normal aspect of market cycles, involving profit-taking and no cause for panic. Regarding the Bitcoin halving event, Duke explained that while immediate effects on Bitcoin prices are minimal, historical data shows significant price movements tend to occur around 100 days post-halving, with the most pronounced effects about 400 days later. He linked these movements to reduced mining rewards, which gradually impact supply and, by extension, prices. Additionally, Duke shared ETC Group's projection that Bitcoin could reach or surpass $100,000 by the end of 2024, which is conservative compared to some investment bank forecasts. He also highlighted the launch of the ETC Group Core Bitcoin ETP (BTC1), designed to enhance liquidity by aligning with trading times across North America, Europe, and Asia Pacific. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 01, 2024 10:09 AM Eastern Daylight Time

Video
1 ... 220221222223224 ... 3747