News Hub | News Direct

All Industries


Article thumbnail News Release

Great Southern Copper expands Especularita project with two new properties

Great Southern Copper PLC

Great Southern Copper PLC (LSE:GSCU) chief executive Sam Garrett tells Proactive's Stephen Gunnion that the company has expanded its Especularita project in Chile through two new option agreements, enhancing the project's exploration prospects. These agreements incorporate the Cerro Negro and Artemisa properties, adjacent to Great Southern Copper's existing concessions, into the Especularita project. This expansion is part of the company's long-term strategy to explore for porphyry copper systems, with the properties adding significant potential due to their location relative to a known lithocap, which is indicative of porphyry copper deposits. Cerro Negro, previously mined by Antofagasta, has shown evidence of high-grade copper and silver at the base of an open pit, suggesting the potential for porphyry copper at depth. No significant exploration outside the mine's immediate area has been documented, but signs of oxide copper along strike to the south suggest unexplored potential. Artemisa, adjacent to the company's Victoria and Lita prospects, complements ongoing exploration efforts, with plans for drilling in the near future. The next steps include reviewing historical data and preparing for sampling and drilling on the newly acquired properties within the next 12 months. The company is also awaiting assay results from its Teresita and Abundante scout RC drilling programme, aimed at testing new targets for copper and gold mineralization. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

February 22, 2024 10:48 AM Eastern Standard Time

Video
Article thumbnail News Release

S&U PLC navigates economic and regulatory challenges, eyes future growth

S & U PLC

S&U PLC chairman Anthony Coombs delved into the company's trading statement for the 12 months ended 31 January 2024 in an interview with Proactive's Stephen Gunnion. Despite a challenging year due to a number of headwinds facing the sector, the motor and property finance group remained resilient, with improving prospects. Coombs attributed the past year's to the cost of living increase and heightened regulatory activities by the Financial Conduct Authority, aimed at protecting customers under economic pressure. This regulatory environment created headwinds for S&U, slightly impacting its results. Consequently, pre-tax profits are expected to be 10 to 15% below analysts' consensus. However, Coombs said the flow of new business into both of S&U's sectors—motor and property finance—is robust, with the company facing challenges in collections due to regulatory scrutiny. S&U's diverse business model, including its Advantage motor finance and Aspen bridging loan business, has helped it navigate pressures. Aspen, in particular, saw cumulative repayments increase by more than 50%, benefiting from high demand in the SME sector for development and refurbishment loans—a demand not fully met by traditional banks. This diversification is expected to aid in the company's recovery, especially as economic conditions improve. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

February 22, 2024 10:46 AM Eastern Standard Time

Video
Article thumbnail News Release

MP Evans CEO outlines ambitious ESG journey; discusses 2023 report highlights

MP Evans Group PLC

MP Evans Group PLC Matthew Coulson discusses the company's 2023 Environmental, Social, and Governance (ESG) report, which encompasses data and progress spanning from 2021 to 2023. In an interview with Proactive's Stephen Gunnion, Coulson said the report is a testament to the company's commitment to sustainability and transparency within its Indonesian palm oil operations. A significant highlight from the report is MP Evans' ongoing efforts towards carbon reduction, a journey bolstered by the internalisation of their production processes. With six palm oil mills now under their management, the company has enhanced its production efficiency, directly contributing to its carbon footprint reduction. Coulson shared the company's ambitious goal of achieving net-zero status by 2050, alongside setting interim targets for 2030 to monitor and ensure progress towards this long-term objective. The importance of ESG disclosure, as Coulson notes, stems from the growing interest of stakeholders, including shareholders, in sustainable practices. This transparency not only meets regulatory requirements but also exceeds them, reinforcing MP Evans Group's role as a responsible entity in the industry. Community engagement forms a critical aspect of the company's ESG efforts. With over 12,000 employees in Indonesia and a broader community living on their estates, Coulson said MP Evans is dedicated to improving living standards through high-quality housing, healthcare, education, and recreational facilities. Additionally, the company extends its sustainability ethos to its network of independent suppliers and smallholders, ensuring that they too can meet their sustainability goals. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

February 22, 2024 10:43 AM Eastern Standard Time

Video
Article thumbnail News Release

Coinsilium and LC Lite forge strategic partnership to revolutionize trade finance

Coinsilium Group Ltd

Coinsilium Limited CEO Eddy Travia and LC Lite CEO Jean-Charles (JC) Devin join Proactive's Stephen Gunnion with details of an agreement between the two companies. Founded in 2018, LC Lite specializes in trade finance through permission tokens on a private blockchain, aiming to create a new ecosystem within the trade finance industry by digitizing receivable financing. Travia told Proactive that Coinsilium will provide LC Lite with strategic advisory services ahead of an upcoming token launch, marking an interest in the intersection between digital assets and the real-world economy. This partnership focuses on the tokenisation of real-world assets, a promising sector in the Web3 space. Coinsilium aims to leverage its network in the crypto market to assist LC Lite with its token model and tokenomics, particularly in decentralizing the space around real-world assets. Devin said LC Lite's objectives through this partnership include launching a token by the end of the year, integrating the value chain of asset management in a vertically integrated model, and bridging real-world and digital assets. This aims to generate yields and capital appreciation for investors while providing financing to suppliers, bringing real-world assets into the DeFi and crypto world. Travia also touched on the current crypto market sentiment, with significant improvements noted in the prices of Bitcoin and Ethereum, and the anticipation of further opportunities due to regulatory developments and the upcoming Bitcoin halving. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

February 22, 2024 10:36 AM Eastern Standard Time

Video
Article thumbnail News Release

H&T Group secures £25 million of new financing for expansion; acquires Maxcroft Securities

H&T Group PLC

H&T Group PLC CEO Chris Gillespie joined Proactive's Stephen Gunnion with news that the UK's largest pawnbroker has secured £25 million in additional finance from Pricoa Private Capital, part of PGIM Inc. He said funding provides substantial financial headroom for the company's future growth, including the expansion of its pledge book and investment in its store estate. Gillespie highlighted the current high demand for small-sum credit amidst constrained supply, indicating strong lending volumes and growth opportunities for the company. Additionally, H&T Group announced the acquisition of assets from Maxcroft Securities, an Essex-based pawnbroking business catering to a different demographic, typically lending larger sums to business professionals. This acquisition is expected to complement H&T's existing portfolio and offer opportunities for further expansion within its customer base. Gillespie emphasised the potential for growth and the company's strategic plans for controlled expansion and leveraging the additional financial headroom for 2024 and beyond. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

February 22, 2024 10:31 AM Eastern Standard Time

Video
Article thumbnail News Release

BridgeFT Named Winner in the Data Aggregation Category in the U.S at the Annual WealthBriefing Americas Awards 2024

BridgeFT

BridgeFT, a cloud-native, API-first wealth infrastructure software company that enables financial institutions, fintech innovators, and registered investment advisors (RIAs) to deliver better, data-driven outcomes for their clients, announced today that it has been awarded the Data Aggregation award at the Annual WealthBriefing WealthTech Americas Awards 2024. The annual WealthBriefing WealthTech Americas Awards program recognizes the most innovative and exceptional firms, teams and individuals. The awards have been designed to showcase outstanding organizations grouped by specialism and geography which the prestigious panel of independent judges deemed to have “demonstrated innovation and excellence during the last year.” “We are thrilled and honored that the reach and impact of our WealthTech API has been recognized with this prestigious award,” said Joe Stensland, Chief Executive Officer of BridgeFT. “This is a credit to our whole team and to the many partners and clients who have chosen us to help power their own wealthtech innovations.” BridgeFT’s WealthTech API is the industry’s first WealthTech-as-a-Service platform, offering a single, open API to trade-ready, multi-custodial data, advanced analytics, and application services. WealthTech API eliminates the need for individual data feeds from a range of custodians and back-office providers, enabling wealth management firms and wealthtech application providers to create differentiated, next-generation wealth management applications. Custodians hold a range of data that drives the investment ecosystem, from positions and balances to client holdings and trades. Each custodian has its own data policy, structure, and systems, forcing fintech companies and other financial institutions to build custom programs to ingest the data. This adds both development time and cost. By simplifying access to the underlying data, WealthTech API allows financial innovators to rethink and streamline their own tech stacks and create differentiated tools and solutions for their own clients using BridgeFT’s applications and developer-to-developer support. The WealthBriefing WealthTech Americas Awards are part of a global program run by WealthBriefing, and its sister publications WealthBriefingAsia and Family Wealth Report, encompassing all of the world’s major wealth management centers. Participants around the world recognise that winning awards is particularly important in these challenging times as it gives clients reassurance in the solidity and sustainability of the winner’s business and operating model. “Every winning entrant has been subjected to a rigorous and independent judging process and should be rightly proud of the success they have achieved this year,” said Stephen Harris, Chief Executive Officer of ClearView Financial Media and Publisher of WealthBriefing. “This year we have seen a marked increase in entrants and interest in all our global awards programs and the WealthBriefing WealthTech Americas Awards 2024 is no exception. These awards give organizations and individuals the opportunity to clarify their strategic thinking, have it independently validated, be recognized internally and externally and to celebrate in style with their peers.” About BridgeFT BridgeFT is a cloud-native, API-first WealthTech infrastructure platform that enables registered investment advisors (RIAs), financial institutions, and FinTech innovators to deliver better, data-driven outcomes for their clients. More than 300 leading firms trust BridgeFT to automate critical back-office operations and power their digital wealth management ecosystems—seamlessly aligning essential wealth data, proactive client insights and reporting, and portfolio management automation to deliver a truly personalized client experience. From an integrated advisor platform to flexible, open APIs, BridgeFT delivers the infrastructure needed for success. Reimagine your approach to wealth infrastructure at bridgeft.com. About ClearView Financial Media Ltd (“ClearView”) ClearView Financial Media was founded by Chief Executive Stephen Harris in 2004 to provide high quality ‘need to know’ information for the discerning private client community. London-based, but with a truly global focus, ClearView publishes the WealthBriefing group of newswires, along with research reports and newsletters, while also running a pan-global thought-leadership events and awards program. Contact Details Media media@bridgeft.com Company Website https://www.bridgeft.com/

February 22, 2024 10:15 AM Eastern Standard Time

Article thumbnail News Release

Forbes Establishes Presence in The Sandbox, Shiba Inu’s Shibarium Reaches 3M Daily Transactions, and KangaMoon Surges 50%

Kangamoon

There’s been a lot of buzz in the crypto market lately. The massive media company Forbes has just entered The Sandbox (SAND) metaverse. Shiba Inu (SHIB) also saw a significant milestone as Shibarium achieved 3M daily transactions. Meanwhile, KangaMoon (KANG) - another crypto pegged as the next 100x meme coin in 2024 also saw a 50% increase. Forbes Launches Presence in The Sandbox (SAND) Recently, The Sandbox (SAND) has seen some exciting developments. Most notably, Forbes announced it solidified its presence in the metaverse with a permanent place in The Sandbox. It’s part of Forbes’ efforts to expand beyond publishing articles into more engaging digital endeavors. With this bullish The Sandbox news, its native token’s value may rally soon. In terms of The Sandbox crypto value movement, it has jumped from $0.47 to $0.51 in the past week alone. Its market cap also grew from $1.07B to $1.15B during that time. Sentiment for this altcoin is also bullish, with 25 technical indicators in the green. Because of this, experts in the crypto field predict that The Sandbox will trade at $0.71 in Q1 of 2024. Shiba Inu (SHIB): Shibarium Hits 3M Daily Transactions Meanwhile, Shiba Inu (SHIB) also made headlines. For instance, Shibariumscan shows that Shibarium has reached 3M daily transactions. The Shiba Inu X account posted a new tweet paying attention to this momentum as it occurred. This meme coin’s value movement has increased from $0.0000095 to $0.0000097 in the past 30 days alone. Its market cap surged from $5.61B to $5.75B in that time. Not only that, but Shiba Inu crypto is now trading above its 50- and 100-day EMAs. With all these green indicators and bullish Shiba Inu news, experts predict a pump to $0.000013 within Q2 of 2024. KangaMoon (KANG): Growth of 50% for This Unique Meme Coin On the other hand, KangaMoon (KANG) has jumped 50% as it entered Stage 2 of its presale. In the meme coin space, it’s leading with its Play-to-Earn (P2E) and Social-Fi elements. As an in-game currency for KangaMoon, KANG will be useful, in contrast to 99% of meme coins. At its core, KangaMoon will allow gamers to engage in battles and earn cryptocurrency. The project aims to introduce the play-to-earn concept in their games. But KangaMoon has also added a social-fi element to it. Aside from playing the game, KANG token holders can also bet on matches and spectate them. Additionally, KangaMoon introduces weekly, quarterly, and monthly challenges for KANG token holders. These winners will be awarded more in-game items that can be traded on the KangaMoon marketplace. Those who buy the KANG token now will not have to wait for the presale to end to earn more meme coins; just spread the word, and you will be rewarded. For this reason, KangaMoon has already raised close to $30K in its presale. One KANG token now costs just $0.0075. Market analysts, however, are optimistic since they predict a 100x surge when this meme coin hits exchanges in Q2 of 2024. Sign up below to capitalize on this growth and obtain a 15% bonus on all purchases. What Gives KangaMoon the Edge Over The Sandbox and Shiba Inu? KangaMoon holds a strategic advantage in the competitive crypto market over The Sandbox and Shiba Inu. With its market cap at only $7.5M, this low number sets KangaMoon up for faster growth than its competitors. Its lower market cap also needs less new funds to cause KangaMoon’s surge. Thus, KangaMoon may become one of the top meme coins soon. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://Kangamoon.com/ Join Our Telegram Community: https://t.me/Kangamoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Disclaimer: The following disclaimer is important to read and understand before engaging with Kangamoon, a play-to-earn meme coin. By accessing or participating in any activities related to Kangamoon, you acknowledge and accept the terms outlined below: 1 No Financial Advice: This whitepaper and any associated content do not constitute financial advice, investment recommendations, or solicitation to purchase Kangamoon tokens. The information provided is for informational purposes only. It is your responsibility to conduct thorough research and seek professional advice before making any financial decisions. 2 Volatility and Risks: Cryptocurrencies, including Kangamoon, are volatile and subject to significant price fluctuations. Investing in or holding Kangamoon tokens involves substantial risks, including the possibility of total loss. Past performance is not indicative of future results. 3 Regulatory Compliance: The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Kangamoon. 4 Uncertain Market: The market for meme coins and play-to-earn platforms is highly speculative and subject to rapid changes. There is no guarantee of market demand, liquidity, or utility for Kangamoon tokens. Token values may fluctuate drastically and may not reflect the intrinsic value of the project. By continuing to engage with Kangamoon, you acknowledge and accept the risks and limitations outlined in this disclaimer. You should only participate if you fully understand and are willing to assume these risks. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

February 22, 2024 09:00 AM Central Standard Time

Image
Article thumbnail News Release

Optimism (OP) Surges After Official X Tweet, Tron (TRX) and Meme Moguls (MGLS) Remain the Top Cryptos To Watch

Meme Moguls

The cryptocurrency market has seen a lot of change recently. One specific change caught people’s attention: the recent developments of Optimism (OP). After an official X tweet, the project got much more interest and value. Tron (TRX) and Meme Moguls (MGLS) are also doing great. Many analysts hint that MGLS, now in Stage 5 of its presale, may become the next 100x meme coin in 2024. Let’s find out why. Optimism (OP): Official X Post Triggers a Rally Recently, Optimism (OP) has been making headlines. Notably, the official X account posted, “Optimism always wins.” After this post, interest in the Optimism crypto increased. In terms of this altcoin’s value movement, it has jumped from $3.65 to $3.99 in the past week alone. Its market cap grew from $3.49B to $3.81B during that time. Additionally, the technical analysis for Optimism paints a bullish picture, as 23 technical indicators are flashing green. Due to all this bullish Optimism news, experts in the crypto field predict that it may hit $5.09 within Q2 of 2024. Tron (TRX): TocketPocket Now Supports USDT Payment Meanwhile, Tron (TRX) has also shown some exciting developments. For instance, TocketPocket announced that those without Tron may now use USDT for payments. With this development, traders will pay any Tron Network fee with USDT and receive 20 TRX for future use. This Tron news may trigger a rally for this crypto. Regarding its value movement, Tron has surged from $0.12 to $0.13 in the past seven days. In that period, its market cap has increased from $11.03B to $12.12B. Thus, market analysts forecast a price of $0.18 for this altcoin within Q1 of 2024. Meme Moguls (MGLS): To Dominate the Meme Coin Market Meme Moguls (MGLS) is gaining momentum, particularly during its ongoing presale, which has raised close to $2.5M. The sudden interest in the project comes from how promising MGLS will be as a meme coin in the crypto market. Utility is scarce, but this project provides some real value. Its capability to perform two tasks simultaneously sets it apart from other meme coins. Acting as a governance token and an in-game currency for the upcoming Meme Moguls play-to-earn game (P2E). The team behind the project designed it precisely to remove the meme coin narrative that most investors are tired of hearing, offering actual utility. The Meme Moguls P2E game promises an immersive experience for players. Participants will delve into virtual stock trading experiences, gaining insights into wealth-building and investments. They may even stake the MGLS tokens or engage in the Moguls World - a metaverse experience connecting worldwide players. Currently priced at $0.0036 during Stage 5 of its presale, MGLS has already provided early buyers with a 90% ROI. With a Uniswap listing scheduled for Q1 2024, experts are optimistic about a potential 100x surge soon. The ongoing 30% deposit bonus during the presale further enhances the appeal for potential investors looking to capitalize on this promising meme coin. Will Meme Moguls Leave Optimism and Tron in the Dust? The low market cap of $10.8M positions Meme Moguls for accelerated growth compared to established players like Optimism and Tron. With the potential for faster surges in value due to reduced new fund requirements, Meme Moguls may dominate the meme coin space. Visit Meme Moguls Meme Moguls and all cryptocurrencies are subject to significant price fluctuations and volatility. Investing in or holding Meme Moguls tokens carries substantial risks, including the potential for total loss. Past performance should not be considered indicative of future results. Contact Details Meme Moguls contact@mememoguls.com Company Website https://mememoguls.com/

February 22, 2024 10:00 AM Eastern Standard Time

Image
Article thumbnail News Release

Apple Rush Company, Inc. and Mitra-9, LLC Forge Manufacturing Partnership: Lena Brewing to Produce Multi-Million Dollar Contract

Apple Rush Company, Inc.

Orlando, FL - February 21, 2024 - Apple Rush Company, Inc. (OTC: APRU), a leading player in the beverage industry, proudly announces its groundbreaking manufacturing partnership with Mitra-9, LLC, a powerhouse in the kratom and kava market. This strategic alliance, effective since October 10th, 2023, signifies a pivotal moment for both companies as they unite to redefine the beverage landscape. In this innovative collaboration, Mitra-9 has chosen APRU as its trusted partner for the production of its esteemed branded products at APRU's state-of-the-art brewing facility in Lena, IL. By combining Mitra-9's proprietary recipes and ingredients with APRU's cutting-edge production processes, this partnership aims to deliver unmatched kratom and kava beverages that set a new standard for taste and quality. Additionally, APRU will oversee the packaging of these products at the brewing facility, ensuring seamless distribution through Mitra-9's extensive network. Since the commencement of manufacturing operations in November 2023, the collaboration has achieved unprecedented success. Beginning with a test run of 20,000 cans of Mitra-9's kava beverage, production swiftly escalated to 50,000 cans in December and January. With February's production projected to reach 80,000 cans, the introduction of new equipment is set to elevate production to an impressive 300,000 cans per month by spring. Lena Brewing's remarkable efficiency, boasting a 95% efficiency rate, has been instrumental in meeting demand, with projections forecasting a meteoric rise to one million units monthly by the end of 2024, representing over $4 million in revenue for Apple Rush Company, Inc. Tony Torgerud, CEO of Apple Rush, expressed his enthusiasm for the partnership, stating, "Collaborating with Mitra-9 has been an extraordinary experience. Their products are not only effective but also highly acclaimed within the industry. This partnership underscores our commitment to delivering exceptional results to our shareholders, and Lena Brewing plays a pivotal role in this endeavor." Echoing Torgerud's sentiments, Dallas Vasquez, CEO of Mitra-9, commented, "We are thrilled to embark on this journey with APRU in the production of our beverages. Their unparalleled efficiency and expertise in formulation have provided us with a significant advantage in bringing our vision to life." The Apple Rush-Mitra-9 manufacturing partnership represents a bold leap forward in innovation and growth within the beverage sector. With a shared dedication to excellence and an unwavering pursuit of success, both companies are poised to set new benchmarks and captivate consumers worldwide. About The Apple Rush Company, Inc. The Apple Rush Company, Inc., through its subsidiary APRU, LLC, is a distributor of CPG products under the trademarked Apple Rush brand, Element brand and other labels. The Apple Rush brand has more than 50 years of existence in the natural beverage industry. As a historical leader in the organic and natural beverage sector our goal is to now become a leader in the distribution of anhydrous hemp oil products nationwide. For more information, please go to www.aprubrands.com, www.element-brands.com, elementk.kratomwave.store www.alkhemicalroots.com with our expanded product portfolio. About Mitra9 Mitra9 is dedicated to revitalizing ancient herbal traditions, crafting plant-based elixirs that transform nature into an invigorating beverage. Committed to combining happiness with exquisite taste, Mitra9 pioneers innovative solutions harnessing the potency of nature to enhance holistic well-being. Striving to change how people consume kava and kratom, Mitra9 has created great-tasting, ready-to-drink beverages that complement active lifestyles. Their specially designed formula offers a delicious beverage alternative, supporting both workdays and post-workout routines. Mitra9 products are gluten-free, plant-based, low in calories, and naturally flavored. With a focus on transparency, they provide lab-tested results for their responsibly sourced kratom and kava. Explore Mitra9's superior selection of ethically sourced kratom, harvested from Southeast Asia, delivering a unique blend that promotes vitality, focus, and a serene approach to life's challenges. Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter forward-looking statements, whether as a result of new information, future events or otherwise. www.aprubrands.com Contact Details Apple Rush Companies Tony Torgerud +1 888-741-3777 dtorgerud@aprullc.com

February 22, 2024 09:45 AM Eastern Standard Time

1 ... 429430431432433 ... 3788