News Hub | News Direct

All Industries


Article thumbnail News Release

Could Stemtech Be The Next Herbalife? Stem Cells To Rejuvenate The Body

Stemtech Corporation

By Meg Flippin, Benzinga What Herbalife Ltd. (NYSE: HLF) did with supplements, Stemtech Corporation. (OTCQB: STEK) is setting out to do with stem cell nutrition, a growing market, with the global stem cells market set to reach almost $30 billion by 2030 growing at a CAGR of 14.9% over 2023-2030. The Naples, Florida company develops products to support wellness using the body’s stem cells. Stemtech says its stem cell enhancers improve the body’s natural defense, renewal, rejuvenation and anti-aging processes. Studies show the more stem cells you have circulating in your blood, the greater the ability of your body to renew itself naturally. Stemtech’s products also boast powerful anti-aging components that are attracting consumers and independent sellers alike. That puts it on a similar path as Herbalife which came on the scene in the 1980s and built itself into a powerhouse, with revenue of more than $5 billion in 2022 and a market cap of about $1.3 billion as of December 5. Herbalife was able to capitalize on the increased focus on wellness, delivering products that met consumers' needs. Stemtech is doing the same with its stem-cell enhancers, which promise to boost health and slow aging. Science To Back It Up Stemtech isn’t the only company going after this market, but its science-based nutrition may give it an edge. Stemrelease3™, StemFlo Advanced® and MigraStem™ are comprised of superfood extracts, antioxidants, polysaccharides, vitamins, minerals and other natural compounds. They are designed to support the healthy activity of our own stem cells and boost immune and circulatory system functions. The nutrients in these three products also help to activate the energy processes in the mitochondria, have antioxidant and detoxification effects and support telomere health, according to Stemtech. Healthy telomeres are a potent defense to the aging process. Stemrelease3 TM, Stemtech’s most advanced stem cell nutrition product, contains stemrelease3, a blend of clinically tested ingredients that Stemtech says help release millions of your body’s stem cells from the bone marrow into the bloodstream. Stemrelease also helps support telomere health. Stemtech’s unique work has granted them ownership over a number of American and International patents. Stemtech’s Cellect One™ Rapid Release Stem Cell Peptide Night Cream is another popular product. It uses QXP, a patented, FDA-approved ingredient from Red Oak Bark to regulate the body and lower the skin's barriers so stem cells and peptides containing antioxidants, peptides and protein can be delivered to the skin, assisting in rejuvenating it. Stemtech says its line of supplements and treatments is answering a need among consumers for anti-aging and wellness products that actually work. Stemtech’s OraStem™ all-natural toothpaste helps support good oral care by whitening teeth, freshening breath, stem cell support, anti-microbial properties and supports good gum health – all important for overall wellness. Direct-To-Consumers To get its stem cell-based supplements in the hands of consumers, Stemtech is taking a page from Herbalife, marketing to consumers through a direct network of sellers. What Stemtech says makes it different is its Business Academies. The program is designed to support the individuals selling Stemtech’s products. Through the Business Academies entrepreneurs get access to resources including mentorship and industry insights. The idea is to help the entrepreneurs grow their businesses instead of just having them push products. Stemtech credits double-digit increases in sales to this business approach. "Stemtech is witnessing the increase in our Independent Business Partners network. This positive momentum is a testament to the appeal of Stemtech's exceptional anti-aging products and the promising income-earning opportunity we offer," Stemtech President and COO John W. Meyer said in a recent press release. Just as Herbalife was on the cutting edge when it launched its lines of vitamins, shakes and beauty supplements in 1980, Stemtech is positioning itself as a first mover in what is forecast to be a growing global market. Demand for wellness and anti-aging vitamins and supplements is forecast to surge in the years to come. As will demand for stem-cell products. The global health and wellness market is expected to be worth $13.89 trillion by 2032, growing at a CAGR of 10.93% over 2023-2032. The Next Herbalife? Despite all this, shares of Stemtech are trading near lows. Herbalife’s stock has weathered various storms, indicative of its resilience, and Stemtech plans to follow the same business path. Investors looking for companies in their nascent stages may want to look into this innovator focused on the cutting-edge stem cell nutrition segment. Stemtech seems well-positioned to take advantage of a projected boom in the stem cell sector, and the company is confident of its future outlook. Herbalife showed the world how to live healthily through supplements and shakes. Stemtech is betting it can turn back the clock, rejuvenate the body and extend life with its stem cell products. Stemtech Corporation, a leading stemceutical™ company with a direct sales distribution model, was founded on April 18, 2018, after acquiring the operations from its predecessor Stemtech International, Inc., which was established in 2005. From 2010 through 2015, Stemtech International, Inc., was recognized four separate times on the Inc. 5000 Fastest-Growing Companies list. In 2018, Stemtech underwent an extensive executive reorganization, and continued operations under new leadership as Stemtech Corporation. In August 2021, Stemtech became a publicly traded company (OTCQB:STEK) and has expanded business opportunities for its Independent Business Partners, who may earn incomes by sharing Stemtech products. January 2022 saw the introduction of new marketing efforts. In September 2022, the new Stemtech AdvanceOffice mobile app based on the VERB Technology platform was successfully launched as a powerful communication - recruiting tool for our Field On November 1, 2022, Stemtech introduced the new travel/sample size OraStem® Toothpaste. On December 6, Stemtech announced the promotion of Alejandro Carrillo to the role of Vice President Global Sales from his current role as Managing Director Latin Markets. Stemtech introduced the new CellectOne™ Rapid Renew Stem Cell Peptide Night Cream at their December 2022 International Leadership Event in Cancun, Mexico. January 10, 2023. Stemtech appoints Margie and Mike Mares to Field Advisory Board. Stemtech has Ranked Number 11 in Momentum out of 700+ top Global MLM companies by Business For Home independent MLM publication, January 23, 2023. Stemtech conducted Field Leadership Business Academies in Aguas Calientes, Mexico May 25 - 27, and in Las Vegas, NV on June 1 - 3. Stemtech rewards top Field Leaders with reward cruise in the South Caribbean December 9 - 16 2023 aboard the Royal Caribbean Rhapsody of the Seas. This announcement contains forward-looking statements within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such statements include but are not limited to statements identified by words such as "believes," "expects," "anticipates," "estimates," "intends," "plans," "targets," "projects" and similar expressions. The statements in this release are based upon the current beliefs and expectations of our company's management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. Numerous factors could cause or contribute to such differences, including, but not limited to, results of clinical trials and/or other studies, the challenges inherent in new product development initiatives, the effect of any competitive products, our ability to license and protect our intellectual property, our ability to raise additional capital in the future that is necessary to maintain our business, changes in government policy and/or regulation, potential litigation by or against us, any governmental review of our products or practices, as well as other risks discussed from time to time in our filings with the Securities and Exchange Commission, including, without limitation, our latest 10-Q Report filed on December 1, 2023. We undertake no duty to update any forward-looking statement, or any information contained in this press release or in other public disclosures at any time. Finally, the investing public is reminded that the only announcements or information about Stemtech Corporation which are condoned by the Company must emanate from the Company itself and bear our name as its Source. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Gabriel Rodriguez grodriguez@stemtech.com Company Website https://www.stemtech.com/us

December 14, 2023 09:25 AM Eastern Standard Time

Video
Article thumbnail News Release

The World Is Powered by Batteries, But Who Is Leading The Charge In Battery Recycling?

Benzinga

By Faith Ashmore, Benzinga Today, only roughly 5% of lithium-ion batteries are recycled around the world. This is a startling statistic when compared to the reality that it is projected that between 2022 and 2030, the global demand for lithium-ion batteries will increase almost sevenfold. Lithium-ion batteries are a key component in electric vehicles, energy storage systems and portable electronics. As the lithium battery industry continues to grow and transitions towards more sustainable practices, the need for a circular economy for battery materials is essential. Without robust recycling, companies and countries risk depleting key minerals and resources that are essential to the modern world. Recycling lithium batteries allows for the recovery and reuse of valuable metals like lithium, cobalt, nickel and manganese, which are essential for the production of new batteries. By recycling these materials, we can reduce the reliance on mining, conserve natural resources, and minimize the environmental footprint associated with battery production. Not to mention, recycling, when done effectively, can minimize the disposal of hazardous materials and help prevent pollution. There are a few companies that are heralding the age of recycling in the era of lithium-ion batteries. Below, we look at some of the leading contenders. Redwood Materials Redwood Materials is a Nevada-based recycling and battery material company co-founded by JB Straubel in 2017. Its goal is to create a domestic supply chain of critical materials for battery manufacturing through the recycling and refining of virgin materials. They have made headlines for developing partnerships with companies like Panasonic and Toyota (NYSE: TM) and for raising over $2 billion in funding to support their projects. However, Redwood Materials has also faced criticisms of its recycling practices. While they have made efforts to create a closed-loop system for material recovery, some have pointed out that Redwood uses a recycling process based on pyrometallurgy – melting batteries in high-temperature furnaces to recover certain metals. This practice loses key materials like lithium, contributes to pollution and serves to undermine sustainability goals by harming human health and the environment. Additionally, the capital-intensive nature of Redwood Materials' operations can limit the scalability of its recycling efforts, which could ultimately limit the benefits of its work in mitigating the environmental impact of battery production. The company has dedicated substantial resources toward creating new cathode materials for U.S. manufacturers, which may indicate the company is more focused on that part of the battery supply chain than specifically recycling. Li-Cycle Li-Cycle (NYSE: LICY) is a Canadian company focused on providing solutions for lithium-ion battery recycling. They utilize a hydrometallurgical process (‘hydromet’), which involves using caustic chemical solutions to extract the valuable materials from spent batteries. Li-Cycle has gained attention for its rapid expansion and ambitious plans, attracting funding and partnerships with various battery industry players. While they have replaced traditional furnace-based techniques with chemical processes, some critics argue that the company’s reliance on chemicals trades one detrimental practice for another. Instead of burning batteries to create slag and lots of emissions, trainloads of one-time-use chemicals are employed. These consumable chemicals come with their own embedded emissions, must be constantly transported and stored on-site, and produce significant amounts of waste byproduct that must be landfilled – typically sodium sulfate. And the amounts can be staggering, often 3-4x as much waste as critical minerals recovered. This chemical-heavy approach can be costly and potentially raises questions about the long-term viability of the hydromet recycling process as a sustainable solution. Industry critics also point out that Li-Cycle's flagship facilities, known as 'Hubs,' have encountered significant budget overruns, and the scalability and reliability of their technology remain unproven. Li-Cycle's 'Spokes,' where batteries are collected and shredded into black mass, have also been criticized for producing poor-quality materials. The method of shredding EV packs as a whole without first disassembling structural components results in a higher proportion of waste in the black mass materials – making the material more difficult and costly to recycle. American Battery Technology Co American Battery Technology Co (NASDAQ: ABAT), formerly known as American Battery Metals Corporation, is a US-based battery recycling technology startup founded in 2011. The company recently joined the Nevada Battery Coalition (NBC) with companies like Lithium Americas (NASDAQ: LAC). American Battery Technology Co specializes in a hydrometallurgical process for recycling batteries and recently acquired a building that housed a former lead acid recycling operation in Reno for their new facility. The company also has expanded interests in primary mineral mining as well as virgin metals refining. While the company has made claims regarding its lithium mining operations in the region, they have not yet demonstrated its recovery technology at scale. Aqua Metals Aqua Metals Inc. (NASDAQ: AQMS) is a company looking to leapfrog current recycling technologies and is pioneering a new form of lithium-ion battery recycling that doesn’t rely on furnaces or intensive chemical processes. They have developed a patented electrified recycling process they call AquaRefining™, which the company highlights as an environmentally friendly and electricity-based alternative to current recycling methods. The AquaRefining process is a novel system that transforms lithium battery ‘ black mass ’ – the industry term for the composite of shredded battery metals and manufacturing scraps ready to be recycled – into high-purity, reclaimed battery metals that can be delivered back into the supply chain. An electricity-powered recycling solution replaces furnaces and one-time-use chemicals, and this would mean dramatically less carbon pollution for every tonne of material recycled – and would eliminate the significant chemical waste byproducts typical of recycling today. The key differentiating factor of Aqua Metals' patented recycling process lies in the use of clean electricity instead of high-temperature furnaces and chemical reactions. Through an innovative technique akin to electroplating, dissolved metals are atomically extracted from a solution and attached to an electrode. Another notable aspect of this process is its regenerative approach. The electricity not only extracts the critical metals but also replenishes the company’s proprietary solution as part of the recovery process, drastically reducing chemical usage on-site by over 95% compared to other recycling technologies. The company is currently operating its pilot-scale facility and is already underway developing a five-acre campus outside Reno, NV into its first commercial-scale lithium battery recycling operation, with an expected capacity of 10,000 tonnes per year when completed. The Future of Recycling As the world ushers in a new era of sustainability and electrification, the ability to recycle the critical minerals that will power our devices, our vehicles and our economy is essential to achieving our ambitious goals to combat the worst impacts of climate change. In this fast-approaching future, developing truly sustainable recycling stands out as a crucial component of building a circular economy. Companies like Aqua Metals are at the forefront of this transition, redefining the recycling landscape with innovative technologies that are delivering a clear path to net-zero battery recycling. 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

December 14, 2023 09:25 AM Eastern Standard Time

Article thumbnail News Release

The Beachbody Company (NYSE: BODY) – Slashing $165 Million In Costs, Path To Cash Flow Positive And Benefiting From The Ozempic Wave

Benzinga

By Meg Flippin, Benzinga The pandemic-driven Peloton Interactive Inc. (NASDAQ: PTON) craze may be over, but that doesn’t mean people aren’t focused on health and wellness. Many of the trends that arose during shutdowns seem to still be in place, and that’s particularly true when it comes to working out in your living room. Despite the fact that gyms are open across the country, the online/virtual fitness market seems poised for continued growth. It is projected to grow at a CAGR of 32.7% through 2032, becoming a $250.7 billion market. In 2022, the market was worth just $14.9 billion. That presents opportunities for at-home fitness companies, and among those competing for fitness enthusiasts is The Beachbody Company, Inc. (NYSE: BODY), a leader in the at-home workout space. Going by BODi, the company has made a name for itself thanks to fitness programs like P90X, Insanity and 21 Day Fix, which seem to have devoted followings. At last count, it has a library of over 120 different workouts. That’s not the only thing BODi is known for. It also reports doing brisk business selling Shakeology and other fitness-focused supplements and drinks. Cutting Costs The company saw some tough times like most at-home fitness businesses immediately following the end of the pandemic, but it's in turnaround mode under new executive chairman Mark Goldston, and its efforts seem to be paying off. Since 2021, the company has taken $125 million of costs out of the business and has identified an additional $40 million in cost savings. That will bring the total to $165 million in aggregate in annualized cost savings since 2021. Looking further out, BODi expects selling and marketing costs as a percentage of revenue to decline 1,000 basis points to 45% by the end of 2024. “Last quarter, I told investors that our main focus is on the generation of cash in the near to midterm, and we're developing programs designed to deliver on that goal,” said Goldston during the company’s quarterly earnings call. “As a result of the $165 million in expected cost savings, along with the key elements of the turnaround plan…we believe there's a clear path to becoming cash flow positive, which would indeed be a milestone, for the turnaround effort at BODi.” Growth Drivers There are potentially several drivers of BODi’s growth. Earlier this year, BODi overhauled its digital platform which it reports has resonated with users. About 60% of subscribers of its legacy Beachbody on Demand platform have renewed with the new BODi offering, exceeding internal expectations. BODi is also focusing on its Partner network, its biggest and most effective marketing strategy, by providing more support to independent sellers. Early next year it will provide results-based compensation incentives which will reward high performers and is designed to boost sales. There is also its database of more than 14 million previous customers. BODi is focused on bringing them back into the fold. The company expects little in the way of reactivation costs, which it said can result in “significant upside.” Most recently it launched a free preview to give potential customers access to BODi workout programs without having to commit. Exercisers can try over 120 samples of its fitness programs, nutrition plans and personal development content. The idea is to bring people in without having to provide a credit card and hopefully turn them into paying customers. BODi Says Weight Loss Drugs Helping Business As for concerns that GLP-1 weight loss drugs like Ozempic will render working out obsolete, BODi isn’t worried. BODi digital subscriptions grew 27% sequentially in the third quarter, exceeding 900,000 subscribers and that’s even as these weight loss drugs took off with the masses. “We're actually encouraged about treatments that can help some of the 74% of Americans that are overweight or obese, but we also recognize that a chemical solution is only a single step towards sustaining a healthy lifestyle and does nothing to improve skeletal muscle mass, which is critical to health and functioning in the world,” said co-founder and CEO Carl Daikeler on the company’s recent earnings call. “It's really vital that people supplement these weight loss drugs with healthier lifestyle choices, including fitness and nutrition. That's where we come in… We don't see GLP-1 treatment as a headwind for us, but rather a very significant tailwind, as it brings the importance of reducing obesity to the forefront and makes lifestyle change an important component of that decision.” 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

December 14, 2023 09:25 AM Eastern Standard Time

Article thumbnail News Release

Retail Traders vs. Professional Traders: What’s the Difference?

TechniTrader

Standing on the NYSE Trading Floor years ago toward the end of the trading day, I observed the best floor traders in the world. It was extremely rare for an outsider to be allowed on the floor during business hours or even after hours. I watched the traders intently. Each professional had their own station and their own unique and proprietary trading system, technical analysis methods, indicators, etc. Each professional was totally focused on his trading. No floor trader spoke or even acknowledged the presence of another. There were perhaps 100 traders on the floor that day, all working with their Market Makers. There was no shouting, no discussions, no stopping to chat with each other. It was all strictly business. I visited many retail traders’ groups over the 25 years my company has offered professional-level education to retail traders who seek to join the exclusive ranks of high-income semi-professional to full senior-level professional traders. The retail trading groups were talkative, there was always a leader in the group who was not a credentialed professional. This can be very dangerous to retail traders who are depending upon the leader for advice and stock recommendations. Also, group consensus leads to “cluster orders” which HFTs and professional traders trade against, causing whipsaw action and bigger losses for that retail chatroom group. Without a certified, SEC-approved professional in the group, trading decisions spread rapidly and then the entire group takes a loss. Without an expert who has taken professional exams and has credentials to teach, the chatroom traders place themselves at much higher risk of loss and often margin calls. When I teach, I treat each student as if they will become an expert, high-level senior trader, either working for an Institution OR as an Independent Semi to Professional-level trader. Professional Traders do not share. They do not chat or talk to anyone during trading hours. They have their own Trading Parameters and technical tools, which they have modified to give them an edge. TechniTrader provides tools for student traders and encourages them to modify the tools to their own specific needs and goals. That way each student is capable of having the ideal tools, scans and setups for how they wish to trade. Chatrooms of retail traders are common but I have never seen any that actually have high success rates and high profit for the individuals in the group. What happens is a “follow the leader” mentality that thwarts individuality rather than promoting and encouraging individuality. Professional Traders have a very high success rate of around 90% because they trade without influence or interference from other traders, retail news, or other distractions. The professional trader has the ability to tune out every distraction and make rapid, accurate decisions without asking for another trader’s approval. Learning to Trade like a professional requires learning the skills of making decisions on your own without any encouragement from a chatroom group. However, the difference in income potential is, for most retail traders, a huge shock. A new TechniTrader student learns to rely upon his or her own judgment and decision-making skills. Trading is first and foremost A SKILL. It is not retail news feeds or recommendation services, or a group consensus that one stock is the stock to trade that day. Nor is it trying to find something or someone to blame for a loss. When a professional has a loss, he or she will review the entire trade, identify the problem and then ensure they do not repeat it. When TechniTrader students are in the learning mode, if they have a simulator trading loss as they are learning and developing their skills, they are taught to do the same thing a professional does: evaluate and study the trade to identify the mistake, learn from it and move on. This training is not available within a retail chatroom or retail guru trading group. Instead of determining the mistake, the group prefers to place blame somewhere else. This hampers the retail trader who is trying to succeed because they never learn why a trade did not move in the direction they expected. It can be hard to give up the chatroom environment, but being able to make decisions independently and develop skills way beyond the average retail trader is a huge bonus. While anyone with the willingness to learn can do it, trading like a Professional is not for everyone. It requires a professional-level education aimed at building a unique rules-based trading routine with checks and balances that lead to a high success rate. Retail traders who are determined to learn a complete methodology for executing their own trading plan without deviation can earn a high income with practice and guidance from a credentialed source. Martha Stokes, CMT https://www.technitrader.courses TechniTrader has been teaching traders and investors a complete process for trading or investing in the stock market and other financial markets since 1998. We have helped over 500,000 traders and investors achieve their financial goals. Our courses provide a complete, comprehensive training program based on a college-style curriculum that uses a tri-level approach to analyzing assets or derivatives to trade. Contact Details Mel Ainuu mel@technitrader.com Company Website https://www.technitrader.courses/

December 14, 2023 09:25 AM Eastern Standard Time

Article thumbnail News Release

“The Uranium Renaissance”: Insights, Prospects And The Role Of Sprott ETFs

Benzinga

By Austin DeNoce, Benzinga Uranium, a critical element in the nuclear energy sector, has experienced notable market dynamics in recent years. In October 2023, the U3O8 uranium spot price reached a 12-year high of $74.48 per pound, reflecting a year-to-date increase of 54.16%. This increase is part of a broader trend in the uranium market, characterized by increased utility contracting and its resilience against macroeconomic factors. Demand Dynamics As mentioned, the demand for uranium is increasingly driven by utility companies, which are ramping up their uranium contracting. The World Nuclear Association predicts a near doubling of global nuclear reactor requirements by 2040, indicating a sustained demand for uranium. This demand is supported by the sector's shift away from Russian supply chains, with a growing emphasis on alternative sources and enrichment facilities. It’s also expected to sustain higher prices in the long term, with utilities estimated to require 1.5 billion pounds of cumulative uncovered uranium by 2040. The recent World Nuclear Symposium in London spotlighted the growing interest in nuclear energy, particularly in the development of Small Modular Reactors (SMRs). This interest is a part of the wider resurgence the uranium sector is experiencing, a resurgence characterized by its stability during economic downturns and a projected annual growth rate of 4% to 5%. Market Supply And Investment Opportunities On the supply side, existing mines are ramping up production, yet the timeline for developing new mines is extended. This dynamic has created a sellers' market, as noted in the Sprott Uranium Report. The report also indicates that while uranium miners have faced short-term fluctuations in stock prices, they have largely benefited from the overall strength in uranium prices, potentially leading to the restart of mines and new builds in the sector. Nevertheless, the supply side of the uranium market faces challenges due to a lost decade in production, necessitating investment in new capacity. Sprott ETFs, a part of Sprott Asset Management USA, Inc., offer investors exposure to this emerging sector, specializing in precious metals and real assets, including uranium mining equities. Uranium Mining Equities And Spot Market Dynamics The uranium mining sector is witnessing investor interest, particularly in the equity market. Senior and junior uranium miners have recorded gains of 44.85% and 32.77% YTD, respectively, reflecting the sector's growth potential, which remains yet to be fully explored by large institutional investors. This trend in equity performance suggests increasing investor confidence in the uranium mining sector's future. Regarding uranium trading, the spot market is characterized by its relatively small scale, featuring limited transactions and voluntary price reporting. This market aspect contrasts with the long-term contract preferences of utilities, the primary end buyers of uranium, contributing to the market's stability. In this trading environment, Sprott Physical Uranium Trust functions as an investment vehicle, offering investors an option to engage with the physical uranium market. This provides an avenue for those interested in a more direct approach to uranium market investment situated within the broader context of the uranium trading landscape. Risks And Future Outlook While the uranium market shows promise, investors must be aware of the geopolitical risks and supply-chain disruptions. The future of uranium prices remains uncertain despite the current uptrend. Kazakhstan and Canada are the largest uranium producers, but emerging players like Namibia and Uzbekistan are poised to become significant contributors, leaving much to be seen in the future. However, the uranium market still represents a unique investment opportunity, especially for those looking to diversify into energy and natural resource sectors. With demand on the rise and the market favoring sellers, the sector appears poised for continued growth. However, investors should exercise caution and consider the market's complexities and geopolitical influences. 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

December 14, 2023 09:25 AM Eastern Standard Time

Article thumbnail News Release

The Scalable Potential Of 3D-Printed Food For Feeding the World

Benzinga

By Faith Ashmore, Benzinga The price of meat has reached unprecedented levels, and unfortunately, this trend is expected to continue due to increased scarcity. However, emerging technology like 3D-printed food presents a unique opportunity to address this issue. With effective scalability, it has the potential to meet global demand while reducing costs for the economy, manufacturers and consumers. An article published in the journal Frontiers in Sustainable Food Systems highlights the viability of 3D printing technology in creating alternative meat products. By using plant-based ingredients and leveraging the capabilities of 3D printing, it is possible to replicate the texture and taste of real meat. This innovative approach could alleviate the strain on traditional meat production methods and help mitigate the rising cost of meat, as well as reduce carbon emissions. 3D-printed food also offers a higher level of customization, allowing consumers to personalize their meals according to individual preferences and dietary restrictions. The potential scalability of 3D-printed food production represents a key advantage in meeting global meat demands. As advancements in technology occur and increase efficiency, 3D printing has the potential to cater to a larger market and provide affordable alternatives to traditional meat products. This scalability could ultimately contribute to a reduction in prices, benefiting both the economy and consumers. Like any new technology, the widespread adoption, as well as governmental support, has proven to be a driving force in scalability. In other words, as more money and legislative support are funneled into an industry, that industry then has more resources to expand and evolve. One of the leading companies focused on cutting-edge 3D-printed meat technology is Steakholder Foods Ltd (NASDAQ: STKH). Steakholder Foods: Sustainable Meat Solutions Through 3D Printing Deep-tech food company Steakholder Foods is making significant strides in the field of 3D-printed meat. The company has developed a state-of-the-art industrial-scale 3D bioprinter that could be poised to revolutionize meat production. The company’s core mission is to offer a diverse range of meat alternatives crafted from plant-based ingredients and 3D-printed cultivated beef, with the aim of replicating the taste and texture of traditional meat products. By doing so, they are effectively helping transform the meat industry towards a sustainable and efficient future. The company has emphasized mastering the intricacies of 3D printing technology, enabling them to create a wide variety of meats including fish and beef steaks. In September the company introduced SH Beef Steak Ink, designed to be used with the company’s fusion printer technology. SH Beef Steak Ink was launched after the company was able to successfully demonstrate its ability to 3D print fish, which was a significant step in this technology as the company’s milestone marked the world’s first cultivated fish fillet. SH Beef Steak Ink's goal is realism through a design that meticulously replicates the fibrous texture, appearance and taste of a premium beef steak, providing an authentic experience. As part of Steakholder Foods' vision for scalability, Beef Steak Ink is designed to become an industry standard, compatible with their fusion printer, and accessible to businesses in the cultivated meat sector. 3D-printed food potentially offers a promising solution to the high prices and scarcity of meat. By offering customizable alternatives and showcasing scalability, this technology has the potential to meet global demand while reducing costs for the economy, manufacturers and consumers. With its advanced 3D-printed meat technology, Steakholder Foods is making strides toward revolutionizing the meat industry by providing a sustainable, scalable and environmentally sound way of producing food. 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

December 14, 2023 09:25 AM Eastern Standard Time

Article thumbnail News Release

Forte Minerals Receives Environmental Impact Statement (DIA) Approval for its Esperanza Porphyry Cu-Mo Project in Southern Perú

Forte Minerals Corp.

Forte Minerals Corp. ( “ Forte ” or the “ Company ” ) ( CSE: CUAU ) ( OTQB: FOMNF ) ( Frankfurt: 2OA ) is pleased to announce receipt of the Environmental Impact Statement (“ DIA ”) approval for its 100% owned Esperanza porphyry Cu-Mo project (“ Esperanza ”) located in the department of Arequipa, in Southern Perú. The Company is delighted to be awarded the DIA approval by the Peruvian Ministry of Energy and Mines (“ MINEM ”) after more than two years of environmental baseline studies, archeological assessments, social engagement, and government processing. The DIA is an extensive environmental authorization that enables the Company to drill up to 40 platforms over a 5-year timeline. The final drill permit will be delivered by MINEM upon completion of the prior consultation process (Consulta Previa) with the local indigenous communities. Esperanza is an early-stage porphyry Cu-Mo prospect located in southern Perú, roughly 180 km northwest of Arequipa. The project consists of 4000 ha of mineral concessions 100% owned by Forte’s Peruvian subsidiary, Amaru Resources S.A.C. (“ Amaru ”). The prospect occurs within a magmatic arc composed of late Cretaceous to early Paleocene plutons traceable from Perú’s southern border to at least 200 km to the northwest of Arequipa. The Paleocene component of the magmatic arc defines the Southern Perú Copper Belt, known to host several giant porphyry Cu-Mo deposits, including Cerro Verde, Quellaveco, Cuajone and, Toquepala (Figure 1). GlobeTrotters Resources Perú S.A.C. ('GlobeTrotters') initially identified the Esperanza porphyry as part of their regional generative exploration program, targeting porphyry Cu-Mo systems along the extension of the Paleocene magmatic arc, extending northwest from Cerro Verde. Geological mapping, outcrop geochemical sampling and geophysical surveys completed by GlobeTrotters outlined a large 2.8 x 1.7 km Cu-bearing potassic alteration zone partially exposed beneath the post-mineral volcanic cover (Figure 2). Debris from an eroded phyllic altered jarositic leached capping zone exposed along the base of the post-mineral volcanic cover (Figure 3) and geophysical data (Figure 4) support the presence of a partially buried, large, mineralized porphyry complex with potential for a supergene enrichment blanket and primary Cu sulphide mineralization currently untested by drilling. Forte’s President and CEO Patrick Elliott comments, “ This is an outstanding untested porphyry Cu-Mo project that shows all the indications of a large, well preserved, mineralized porphyry complex situated in one of the most fertile mining jurisdictions in South America. The DIA approval for this project as well as our Pucarini high sulphidation epithermal gold project (news release dated September 29 th, 2023 ) are significant milestones and we are thrilled for the opportunity to maiden drill test these highly prospective targets. ” Forte’s Exploration Manager Manuel Montoya comments, “The Esperanza porphyry is interpreted to occur along the northwest extension of the Paleocene magmatic arc, which is known to host some of the largest porphyry Cu-Mo deposits in Perú including Cerro Verde, Quellaveco, Cuajone, and Toquepala. Esperanza has a similar large hydrothermal alteration footprint and exhibits the scale and geological features needed for a Tier-1 discovery.” ESG and Sustainability Forte's extensive experience in Perú gives us a unique understanding of the country's environmental and cultural landscape, distinguishing us from competitors. The Company collaborates with an environmental consultancy, complemented by our in-house social engagement team, to ensure our exploration, permitting, and community engagement practices meet compliance standards and foster positive, mutually beneficial relationships with local communities. Our recent partnership with Social Suite, a leading ESG software tailored for Junior Exploration and Mining companies, revolutionizes how we manage data and enhance our ESG reporting. This step forward is crucial in advancing transparency, strengthening stakeholder communication, and amplifying our impact on investors. Adding Mike Carter as our Lead Energy Advisor is a strategic move to bolster our ESG initiatives. His extensive experience will be invaluable in aligning Forte's community-centric projects with international standards and local community expectations. While our primary focus is discovering and exploring new Cu and Au deposits, Forte is equally committed to setting new benchmarks in ESG and sustainability within the junior exploration and mining industry. About Esperanza Esperanza is a 100% owned 4000 ha porphyry Cu-Mo project located along the northwestern extension of the Southern Perú Copper Belt. The Paleocene magmatic arc is endowed with some of the world’s largest copper deposits. Existing porphyry Cu mines, and recent discoveries make this a highly prospective region of Perú for Cu exploration, discovery, and future mine development. Esperanza consists of a large porphyry Cu-Mo system measuring 4.2 x 3.1 km in area and partially buried under Miocene post-mineral volcanic cover. The center of the porphyry system consists of a 2.8 x 1.7 km potassic alteration zone that is poorly exposed and inferred from the interpretation of existing geological, geochemical, and geophysical data. Geological mapping and sampling along the edge of the post-mineral cover outline Cu-bearing vein patterns typical of the potassic alteration. Exposures of debris from an eroded phyllic altered jarositic leached capping zone mapped at the base of the post-mineral cover also suggest the potential for supergene enrichment. This, in conjunction with the geophysical data, supports the presence of a large, mineralized porphyry complex buried beneath post-mineral volcanic cover, which is highly prospective for a supergene enrichment blanket and primary Cu mineralization which remains untested by drilling. Qualified Person and NI 43-101 Disclosure Richard Osmond, P.Geo., is the Qualified Person as defined by National Instrument 43-101 responsible for the accuracy of technical information contained in this news release. About Forte Minerals Corp. Forte Minerals Corp., a junior exploration company that has blended assets in partnership with GlobeTrotters Resources Perú S.A.C., has built a robust portfolio of high-quality Cu and Au assets in Perú. The Company aims to generate significant value growth by strategically situating early-stage and drill-ready targets alongside a historically discovered and drilled porphyry system for Cu and Au resource development. Notwithstanding its resource focus, Forte is deeply committed to community engagement, environmental stewardship, and fulfilling its societal responsibilities. On behalf of FORTE MINERALS CORP. (signed) “ Patrick Elliott” Chief Executive Officer Certain statements included in this press release constitute forward-looking information or statements (collectively, “forward-looking statements”), including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, “may”, “should” and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements. These forward-looking statements and information reflect management's current beliefs and are based on assumptions made by and information currently available to the company with respect to the matter described in this new release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and risks and uncertainties is contained under "Risk Factors and Uncertainties" in the Company's latest management’s discussion and analysis, which is available under the Company's SEDAR+ profile at www.sedarplus.ca, and in other filings that the Company has made and may make with applicable securities authorities in the future.. Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements. Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Contact Details Forte Minerals Corp. Patrick Elliott, President & CEO +1 604-983-8847 info@forteminerals.com Company Website https://forteminerals.com/

December 14, 2023 06:10 AM Pacific Standard Time

Image
Article thumbnail News Release

The Vaccine Group appoints advisory board in partnering push

Frontier IP Group PLC

Frontier IP Group PLC (AIM:FIPP, OTC:FGPPF) portfolio company The Vaccine Group (TVG) CEO Jeremy Salt speaks to Proactive after announcing that TVG has established an advisory board comprised of what the company describes as three high-ranking veterinary experts with strong business experience and connections. Salt explains that the board has been established to "help us scale up our novel herpes virus-based vaccine platform technology, which is the basis of our company." He also reveals more about the wider partnering and commercialisation drive. The following information regarding the members of the advisory board has been provide by TVG. Christophe Barnier-Quer. Christophe works for Merck Life Science in its Contract Development and Manufacturing Organisations branch. He has a PhD in pharmaceutical science from Leiden University, an MBA from HEC Paris and 15 years' experience in vaccine R&D, including as R&D director for GALVmed. Johan Dreesen. A doctor in veterinary medicine, Johann runs an animal health consultancy with a focus on start-ups, animal health pharmaceuticals and non-government organisations. He is a member of the Advisory Council to Kela Pharma and sits on the GALVmed board. He received his doctorate from Ghent University and worked in veterinary practice before leading businesses within Pfizer Animal Health and Zoetis. Vaughn Kubiak. Vaughn has more than 40 years' experience in global animal health in a wide range of senior technical and managerial roles in major companies across R&D, quality assurance and quality control, regulatory affairs, product management and commercial operations. Before retirement in 2019, he spent 17 years at Zoetis. Vaughn now works as a consultant and sits on several technical advisory boards. He has a Master of Science degree in microbiology from Emory University and is involved in the Scientific Committee of the International Alliance for Biological Standardisation. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

December 14, 2023 09:09 AM Eastern Standard Time

Video
Article thumbnail News Release

Dora Factory closes new strategic raise, announces new ecosystem partnerships

Dora Factory

Chainwire Dora Factory, a leading protocol specializing in decentralized governance and multi-chain funding for public goods, has successfully secured a new strategic investment led by dao5. This funding round, which also includes contributions from Whampoa Digital and seven other prominent investors, marks a significant expansion of Dora Factory’s capabilities. This infusion of capital bolsters Dora Factory’s mission to build more advanced infrastructures for its flagship Public Good Staking products, support essential public goods funding and pioneering research, as well as enhance Dora Vota – its newly launched specialized appchain for advanced voting and decentralized governance. In conjunction with this new investment round, Dora Factory is also expanding its roster of partnerships, including launching the app-chain quadratic funding rounds for Cosmos ecosystem contributors on Dora Vota. The initiative undertaken by Dora Factory presents a stark contrast to traditional primary investment models prevalent in the crypto sphere, which are often criticized for their lack of foundational value. Dora Factory’s new strategic raise round highlights its overwhelming fundamentals built over the past 24 months. Dora Factory distinguishes itself as a model for sustainable growth and long-term viability. Over more than two years, Dora Factory has substantiated its commitment to delivering concrete results, evidenced by the impressive growth of their public good validators, expanding to more than 30 ecosystems and a total value staked soaring at over $250M. Tekin Salimi, Founder and General Partner of dao5, has commented on the strategic significance of this investment: “Dora Factory is a critical piece of decentralized governance and public goods funding infrastructure for a long list of crypto ecosystems. While many longstanding projects have been undervalued in the recent bear market, dao5 is excited to inject new capital and hands-on support services to revitalize value for the Dora community.” Peter Huo, Co-CIO of Whampoa Digital, added: “Dora Factory is akin to the Y-Combinator of the Web3 universe, but powered entirely by Web3-native protocols, ecosystems, communities, and builders in a decentralized manner. It has continuously demonstrated itself as a vital component and catalyst for facilitating innovation across each and every ecosystem it engages with. In line with our investment thesis on Web3 applications and mass adoption, we at Whampoa Digital are excited to support Dora Factory in its mission and growth ahead.” Dora Factory’s approach to funding public goods across the entire industry is a remedial response to the recent trend of commercializing public goods and their funding, which often disproportionately impacts communities. Instead, Dora Factory emphasizes the intrinsic value of public goods and prioritizes sustainable funding mechanisms. Its commitment to community engagement and demonstrated impact solidify its reputation as a dependable partner to founders and the wider community. With an eye on the future, Dora Factory envisions a scenario where its public good staking is channelled towards funding frontier technologies. Leveraging its sustainable revenue streams, the protocol aims to support vital research and development in critical areas like quantum computing, space exploration and longevity research, setting itself apart as a forward-thinking leader in public goods funding and Web3 in general. Eric Zhang, Architect of Dora Factory, commented: “Dora Factory has already commenced significant efforts towards ‘frontier staking’ – bring Web3 infrastructures and funding mechanisms to support nascent space technology startups and communities. As it continues to broaden its influence and increase revenue, Dora Factory is committed to deepening its involvement in these sectors, recognizing their crucial role in shaping humanity’s future.” Dora Factory exemplifies a successful model in addressing the inefficiencies of traditional funding models, pioneering a sustainable and impactful approach towards public goods support. With its proven track record, dedication to community involvement, and visionary goals, Dora Factory is uniquely positioned to significantly influence the landscape of the future of PoS ecosystems via public good staking and decentralized governance in the coming years. This strategic raise, after Dora Factory’s $17.5 million raise in 2021, will accelerate the infrastructure development and public goods funding process in the multi-chain world. About Dora Factory: Dora Factory creates protocols and tech stacks for decentralized governance, empowering the new generation of PoS networks, open-source communities and decentralized organizations through trailblazing solutions like the Public Good Staking infrastructure and Dora Vota, a special-purpose blockchain for voting and governance. To learn more about Dora Factory, please see dorafactory.org About dao5: Founded by ex-Polychain General Partner Tekin Salimi, dao5 is a $125 million experimental cryptocurrency investment fund that will convert into a decentralized autonomous organization. About Whampoa Digital: Whampoa Digital is the Web3 VC Fund anchored by Whampoa Group, the Singapore-headquartered Whampoa Group. Whampoa Group was co-founded by Amy Lee, a former senior partner at Lee & Lee, a Singapore law firm started by her father, Lee Kim Yew and Singapore’s first prime minister, Lee Kuan Yew and his wife. The investment group’s other co-founder is Lee Han Shih, a member of the business family that co-founded Southeast Asian bank OCBC (OCBC.SI) and Lee Rubber Group, among other companies. Contact Details Dora Factory Steve Ngok steve@dorafactory.org

December 14, 2023 09:04 AM Eastern Standard Time

Image
1 ... 558559560561562 ... 3764