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NBA In-Season Tournament: All You Need To Know

Acroud Media

New for the 2023-24 season, the NBA In-Season Tournament is a competition for all 30 teams. Made up of two stages, the first round Group Play has been completed as we enter the next stage of the tournament, the Knockout Rounds. If you want to know more about the tournament ahead of the knockout rounds you are in the right place. We will be discussing in more detail below the round and the matchups taking place well as looking at just how the rounds work. Knockout Rounds matchups The second stage of the In-Season Tournament is upon us as the eight best teams from the group play advance into the knockout rounds. The Knockout Rounds will begin on December 4th with the quarterfinals, these will be played in home markets. Meanwhile, the Semifinals and Championship will be played in Las Vegas at the T-Mobile Arena. Quarterfinals - when and where? Mon., Dec. 4: Celtics at Pacers - 7:30 p.m Mon., Dec. 4: Pelicans at Kings - 10 p.m Tue., Dec. 5: Knicks at Bucks - 7:30 p.m Tue., Dec. 5: Suns at Lakers - 10 p.m Semifinals - when and where? Thu., Dec. 7: TBD vs. TBD - 5 p.m. Thu., Dec. 7: TBD vs. TBD - 9 p.m. Championship - when and where? Sat., Dec. 9: TBD vs. TBD - 8:30 p.m. How the Knockout Rounds work In a round that consists of single elimination games, beginning with the Quarterfinals, the teams that come out victorious will progress to the Semifinals, and then onto the Championship. Featuring all three rounds in the space of a week, the quarter-final and semi-final games will count as Regular Season games for all purposes. The Championship will not be counted as a Regular Season game and will therefore not count towards regular season records and stats. Once the Championship fixture is confirmed, you can watch the two best battle it out to see who will win the new In-Season tournament trophy, The NBA Cup! You May Also Be Interested In Click here to learn more on how to bet on the NBA from News Direct. Summary It may be the inaugural competition of its type, but it is as if it has been running since the start. With such exciting fixtures and a prize to play for becoming the first NBA In-Season Tournament champions lifting the NBA Cup. Contact Details Acroud Media info-media@acroudmedia.com

December 01, 2023 03:40 AM Eastern Standard Time

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Appier's AI solution empowers Nexon, yielding remarkable results in attracting valuable game users

Appier

SEOUL, SOUTH KOREA - Media OutReach - 1 December 2023 - Appier, a software-as-a-service (SaaS) company that uses artificial intelligence (AI), has announced significant results from its partnership with Nexon, the leading South Korean gaming company, to help the brand acquire high-value game users. KartRider Rush+ Marking a solid six-year partnership between Appier and Nexon, Appier's AI solution, AIBID, has played a pivotal role in achieving this milestone. AIBID, a proprietary AI audience model, meticulously identifies and targets high-value users, tailoring the approach to suit each unique game. Leveraging intricate analysis of user interactions within gaming applications, contextual data, and marketing graphics, AIBID excels not only in driving game installations but also in delivering an exceptional return on ad spend (ROAS), all while maintaining an outstanding user retention record. Dungeon & Fighter Mobile Nexon has adopted AIBID for the successful launches and high retention rates of its flagship titles, including Dungeon & Fighter Mobile and KartRider Rush+. "Witnessing AIBID's impact on our ROAS targets was truly exceptional. It's no wonder AIBID has seamlessly integrated into our user acquisition strategy, propelling our success to new heights," exclaimed WooChang Lee, Deputy Department Manager of Nexon. "Since adopting Appier's AIBID solution, our app's growth skyrocketed, generating impressive installs from day one. Notably, it consistently drew in high-quality users with remarkable retention rates. Appier's AI expertise is more than a solution; it's a catalyst for unparalleled growth and sustained excellence." In a standout campaign for Dungeon & Fighter Mobile last year, Nexon masterfully employed AIBID, securing high-value users from the very inception of the game's release. This strategic move led to an impressive 6.9% increase in level completion rates and a 1.4x surge in in-app purchases, witnessed from the first week to the fourth week. AIBID's re-engagement facet has proven equally impressive. Following a dip in installations for Nexon's popular game, KartRider Rush+, after 45 days post-launch, Nexon integrated AIBID's re-engagement tool, undertaking a strategic user retargeting effort. The outcome was nothing short of remarkable, with a striking 55% increase in user conversion rates (CVR) and a notable 16% upswing in in-app purchases. The re-engagement feature of AIBID effectively identifies users worth retargeting by analyzing recent user behavior patterns, including but not limited to in-app purchases within the last three days, reaching level 25 within five days, or logging into the game five or more times a day. The collaboration between Nexon and Appier shows no signs of waning, as Nexon unveils plans to introduce new features, including Appier's captivating 3D banners and in-banner videos. These innovative creative assets have not only garnered heightened user attention but have been successfully implemented in Nexon's new and time-honored games, such as KartRider: Drift and MapleStory M, resulting in a substantial increase in click-through rates (CTR). https://www.appier.com/en/ https://www.linkedin.com/company/appier/ About Appier Appier (TSE: 4180) is a software-as-a-service (SaaS) company that uses artificial intelligence to power business decision-making. Founded in 2012 with a vision of democratizing AI, Appier now has 17 offices across APAC, Europe, and US, and is listed on the Tokyo Stock Exchange. Visit www.appier.com for more information about Appier and its applications of generative AI. About NEXON Founded in 1994, NEXON Co., Ltd. (Nexon) (3659.TO) is a company engaged in the production, development and operation of online games and Virtual Worlds. First listed on the Tokyo Stock Exchange in December 2011, Nexon was placed on JPX400 in 2015 and added to the Nikkei Stock Index 300 in 2017. In 2020, Nexon was added to the Nikkei 225. Nexon currently has more than 50 live games in more than 190 countries on PC, console, and mobile. Major game franchises include MapleStory, KartRider and Dungeon&Fighter. In 2021, Nexon completed the acquisition of Embark Studios AB, a company based in Stockholm, Sweden, developing multiple projects for global release. Contact Details Lara Sampara lara.sampara@appier.com

December 01, 2023 02:15 AM Eastern Standard Time

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Exploring New Trends in the Digital Economy: Meet HTX at NFT Taipei 2023

HTX

December 1, 2023 - The founder of TRON and a member of HTX's Global Advisory Board, Justin Sun, received an invitation to attend NFT Taipei 2023, a prominent NFT event in Asia. Taking the virtual stage, he delivered a captivating speech titled "The Intersection of Digital, Humanity, and Art," sharing unique insights into the NFT market. Sun, a cryptocurrency mogul, emphasized that HTX, as one of the leading global cryptocurrency exchanges, is actively monitoring the NFT market’s evolution. The exchange aims to foster innovative growth in the digital economy and provide users with a diverse digital asset trading experience. During his speech, Sun introduced his own NFT avatars, such as Tpunk#3442 and BAYC Tron NFT. He expressed the view that the digital era, comparable to the settlement of Mars, signifies a trend that the crypto world can spearhead. NFT avatars represent a novel form of digital art, showcasing a more universal punk style that embodies a fusion of individual talent and artistic inspiration from traditional art. This, coupled with widespread recognition and appreciation, symbolizes a new era in the digital art landscape. According to Sun, each generation defines its era through unique artistic forms and expressions. To us, NFTs and unique on-chain digital art represent the creativity and vision of our generation in today's era driven by blockchain and artificial intelligence. They not only serve as mediums for our exploration and self-expression but also act as our virtual galleries. NFTs enable us to both create art and achieve decentralized and global interaction within the art world. This interaction transcends physical boundaries, providing a real-time space for global creators to create and participate. Regarding the integration of traditional art and NFTs, Sun emphasized that NFTs in the digital age demonstrate profound human interest and imbue digital art with genuine value and identity, ensuring that creators receive the deserved respect and rewards for their intellectual labor. Through NFTs, artists can directly communicate with their audience, eliminating the need for intermediaries, and explore more possibilities for creation and interaction. Furthermore, Sun mentioned that the APENFT Foundation was established in 2021 to promote the integration of the metaverse, finance, and art. It houses collections with a total value exceeding 1 billion RMB, including Picasso's "Femme nue couchée avec collier," Andy Warhol's "Three Self-Portraits," Chinese artist Zeng Fanzhi's "Portrait" for Justin Sun, Beeple's "Ocean's Front" and "ABUNBANCE," as well as the "Cube" NFT collection by the digital artist Pak and "Digital Zones" by Mitchel Chen. Sun expressed his pride in embracing new opportunities brought by digital art, as a member of HTX's Global Advisory Board and the founder of TRON. He also mentioned that HTX and TRON are dedicated to building a secure and reliable platform that allows more people to access NFTs and understand their value. He believes that NFTs will play a crucial role in connecting the digital world with the real world and exploring something more in human art and culture. NFT Taipei, known as the largest NFT art and blockchain forum in Asia, took place from November 30 to December 3 this year at the Songshan Cultural & Creative Park in Taipei. It brought together dozens of top leaders in the Web3 space to decode how to create new opportunities in blockchain and NFTs in the next bull run and discuss diverse topics such as AAA game firms engaging in blockchain games and DeFi's ability to meet market demands. Additionally, the OneOffs Fair during the NFT Taipei 2023 attracted hundreds of artists and over 100,000 participants around the world, featuring famous NFT projects including BAYC, the largest blue chip NFT community. As a steadfast advocate for the digital economy, HTX looks forward to leveraging the NFT Taipei event to establish closer connections with digital asset practitioners worldwide, jointly driving NFTs growth, exploring new trends and opportunities in the digital age, and creating new peaks in the digital economy. About HTX Founded in 2013, HTX has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. HTX serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

December 01, 2023 01:16 AM Eastern Standard Time

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bet365 Bonus Code BETTINGCOM: Grab $1,000 or $150 Bonus in December 2023

Acroud Media

All new customers who join bet365 in the United States in December 2023 can pick one of two sign-up bonuses. Customers who use the bet365 bonus code BETTINGCOM upon registration will be able to get either a $1,000 or $150 bonus. Below, our betting experts have explained how to claim the bet365 bonus code and the other excellent features offered by the sportsbook. 21+. Gambling Problem? Call 1-800 GAMBLER. CLAIM BET365 BONUS CODE HERE What is the bet365 Bonus Code in December 2023? Bet365 is an exceptionally unique sportsbook that offers players two fantastic welcome offers! Customers signing up for the bet365 site for the first time in the US can make a choice between a $1,000 first bet safety net bet or $150 in bonus bets from a $5 bet when they sign up and enter the bet365 bonus code BETTINGCOM. Players can only choose one of these promos and they can only be claimed once. These are two high-quality bonuses that players signing up for the first time are bound to be ecstatic about! How to Claim the bet365 Bonus Code How do I claim one of these fantastic offers? In this next section, we will explain how to do just that! Follow these simple steps listed below in order to fully and successfully claim the bet365 welcome bonus! Click here to be redirected to the bet365 sign-up page. Create a free account by providing your personal information, such as your name and address. Create a unique username and password combination. Enter the bet365 bonus code BETTINGCOM. Make a minimum deposit of at least $10. Choose the promo you wish to claim. Follow the on-screen instructions to claim your rewards. Enjoy! bet365 Legal States bet365 is legal in seven states across the United States. Ever since its initial launch in the country back in 2019, bet365 has spread across the US, providing top-quality promos and fantastic betting experiences for all who sign up! Players based in Colorado, Iowa, Kentucky, Louisiana, New Jersey, Ohio, and Virginia are given the opportunity to sign up and experience the bet365 site in all its glory. bet365 Pros and Cons Below, we have provided a series of pros and cons associated with the bet365 site and mobile app. These pros and cons have been compiled by our team of experts, who have spent hours researching this site in order to provide you with an unbiased overview. bet365 Existing Customer Promos Once players have signed up and taken full advantage of one of the two welcome bonuses, they will be eligible to play and take advantage of a whole host of exceptionally high-quality existing user promos. These promos are strictly available to those who already have an account registered with bet365. Below, we have listed two examples of existing customer promos so you can see what else is in store for you! Make sure to read the T&Cs associated with these promos fully before signing up for them. 17+ NFL Early Payout Offer The 17+ NFL early payout promo is just one example of bet365’s generosity when it comes to their existing customers. With this promo, players betting on the NFL are given the opportunity to cash out their bet early and settle it before the game has reached its conclusion. This is only available when the team the customer is backing gains a 17-point advantage in the game. 20+ NBA Early Payout Offer The next existing customer promo we will discuss is the 20+ NBA early payout promo. This offer works very similarly to the previously mentioned NFL early payout offer. This offer allows players betting on the NBA a chance to settle their bets early when the team they back gains a 20-point advantage in the game. 5+ Baseball Early Payout Offer The third existing customer promo we will discuss is the incredible 5+ baseball early payout offer. Again, this offer works very similarly to the previous two promos; however, this promo offers players betting on any eligible baseball game a chance to cash out and settle their bet early when the team they are backing gains a 5-run advantage on the game. Terms and Conditions of bet365 Bonus Code Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call or text 1-800-GAMBLER. bet365 Sportsbook Features There are a whole host of fantastic features available to both new and existing customers on the bet365b sportsbook. In this next section, we will be discussing four key features of the site and what it means for customers of the site. Range of Markets All of the world’s top sportsbooks know that different players prefer to bet in different ways. Some prefer placing moneyline bets, while others prefer parlays. bet365 knows this more so than any. Therefore, players signing up for the bet365 site can bet in a multitude of different ways, including parlays, moneylines, futures, and many more! Promotions and Bonuses We, of course, know that the bet365 welcome bonus is among the best and most generous in the online sports betting world. And we also know that some of the existing customer promotions are exceptionally rewarding. Therefore, the quality of the promotions and bonuses available to both new and existing customers on the bet365 site is among the best in the business! Payment Options Making any online transactions can be a daunting task, especially if you are new to the world of online sports betting. With this in mind, bet365 has provided all its customers with a wide range of tried, tested, and, most importantly, trusted payment methods. Therefore, customers can place their bets freely, knowing the safety and security of their funds is assured. bet365 App Players who wish to take their betting on the go with them, listen up! bet365 boasts one of the best and most popular mobile betting apps available in the US. Players can take their betting info with them when out and about. With the use of push notifications, players can also get live updates on the progress of their bets in real time! The bet365 mobile app is also completely free to download on both iOS and Android! Gamble Responsibly If you or someone you know has a gambling problem and wants help, call or visit the Council on Compulsive Gambling: Gamblers Anonymous at 855-2-Call GA or www.gamblersanonymous.org CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV or WY - Call 1-800-GAMBLER AZ- Call 1-800-NEXT-STEP IA - Call 1-800-BETS-OFF KS, NV - Call 1-800-522-4700 MI - Call 1-800-270-7117 for confidential help MA - Call 1-800-327-5050 NY- Call 877-8-HOPENY or text HOPENY (467369) FAQs What is the bet365 Sign-Up Bonus for December 2023? Players who sign up for the bet365 site for the first time can claim a welcome offer that sees them given the opportunity to Grab $1,000 or $150 Bonus! What is the bet365 Bonus Code? New customers must use the bet365 bonus code BETTINGCOM to be eligible for one of the two sign-up bonuses. More on the bet365 bonus code is available at NewsDirect.com. How does the bet365 $1,000 First Bet Safety Net work? In order to claim the $1,000 bonus from bet365, new customers must enter the bonus code BETTINGCOM during the sign-up process, sign in, and deposit at least $10. Once this has been done, players can place a first bet up to $1,000. If this first bet loses, players will have their bet refunded to them in bonus bets! How does the bet365 Bet $5, Get $150 in Bonus Bets offer work? In order to claim the $150 bonus from bet365, customers must enter the bonus code BETTINGCOM during the sign-up process, sign in, and deposit at least $10. Players must then place a qualifying bet worth $5. Once this bet has been placed and settled, players will be rewarded with $150 worth of bonus bets! Which states is bet365 legal in? Bet365 is legal in Colorado, New Jersey, Ohio, Virginia, Iowa, and Kentucky. Contact Details Acroud Media info-media@acroudmedia.com

December 01, 2023 01:00 AM Eastern Standard Time

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What Is The Difference Between a Parlay and a Same-Game Parlay?

Acroud Media

Are you new to the world of online sports betting or just need a refresher? This article is here to help. We will be telling you everything that you need to know about parlay bets and same-game parlay bets. Keep reading to find out what they are, how they work, and how to go about placing both of them at top betting sites! What Is a Parlay Bet? A parlay bet is when two or more bets are combined on the same ticket. They often appeal to customers due to their multiplier as it means that the potential payout increases with each added game. However, the chances of winning decrease with every addition to your betting slip. You have to win every bet on your ticket, otherwise, you will not get anything, and as any sports bettor with experience placing parlay bets will tell you, winning one is hard enough. parlay bets come in several different forms and allow the combination of moneylines, point spreads, totals, and prop bets. What Is A Same-Game Parlay? Same-game parlay bets let online sports bettors bet on multiple stages of the same game, all on the same ticket. This can include moneylines, point spread, total, game props, player props, and more. It took the online sports betting world a little longer to accept same-game parlays but you would not be able to tell as they are now one of the most popular and commonly found bets across sports betting. They are often found to have reduced odds from sportsbooks due to players placing a correlated bet, which has caused some concern about it being a possible advantage. Once again, each selection on your parlay bet must win in order for you to be paid out as a winner. If one leg lets you down, the whole bet is lost. You May Also Be Interested In Click Here to learn more about one of the best sportsbooks offering customers both parlays and same-game parlays. Summary Placing parlay and same-game parlay bets is one of the most common go-tos for sports fans across the US. This type of bet is offered by the top sportsbooks such as FanDuel, DraftKings, Caesars, and BetMGM, offering the best odds around, and with parlays coming in many different forms, there is plenty to please sports and betting fans alike! Contact Details Acroud Media info-media@acroudmedia.com

December 01, 2023 01:00 AM Eastern Standard Time

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Business Awards UK Manufacturing Awards 2023: Honoring Excellence in British Manufacturing

KISS PR Brand Story

The UK Manufacturing Awards 2023 honours the trailblazers of the industry, from companies that have stood the test of time with decades of heritage to young enterprises pushing the boundaries of sustainability and innovation. With an unwavering commitment to quality, adaptability in an ever-evolving market, and a deep understanding of consumer needs, these industry leaders embody the spirit of British manufacturing excellence. Business Awards UK Manufacturing Awards 2023 Winners Opus Ventures - Best Online Marketplace Manufacturer BIL Group - Best Company to work for The Somerset Toiletry Company - Best Newcomer Manufacturer Trust Electric Heating - Best Use Of Recyclable Materials Smith Tool Traders - Fastest Growing Business ParkAcre - Best Manufacturer UK DarkFrame Ltd - Best Lone Wolf Manufacturer DoorCo Ltd - Fastest Growing Team Miniml (The Friendly Chemical Co) - Most Positive Community Impact Hygienic Pigging Systems Ltd - Most Innovative Business Ontic - Best Youth Development TAD Electronics - Best Use of Technology SMC Ltd - Best International Manufacturer Blends - Business Transformation Award Business Awards UK Manufacturing Awards 2023 Finalists Opus Ventures - Best Company to work for The Somerset Toiletry Company - Most Positive Community Impact, Best International Manufacturer Trust Electric Heating - Best Manufacturer UK, Most Innovative Business Smith Tool Traders - Best International Manufacturer, Best Sustainable Materials Hawthorn International - Best Manufacturer UK Miniml (The Friendly Chemical Co) - Best Use Of Recyclable Materials Ua Neill Industries - Most Positive Community Impact, Business Transformation Award Thumbsie - Most Innovative Business Ontic - Best Company to work for Blends - Best Use of Technology Muk A G’s - Best Newcomer Manufacturer Navigating an industry landscape marked by rapid technological advances and shifting consumer demands, these winners and finalists have consistently demonstrated adaptability and foresight. Blends, which began as a modest family venture, now operates expansive facilities in Liverpool. Similarly, TAD Electronics showcases the speed and efficiency of modern manufacturing, swiftly transitioning from concept to prototype. Each story underscores the vibrancy, resilience, and innovation of UK manufacturing. We extend our hearty congratulations to all winners and finalists for their remarkable achievements and anticipate their future contributions to the sector. Company Details: Organization: Business Awards UK Contact Person: Mark Byrne, Director Email: mark@business-awards.uk Website: https://business-awards.uk Contact Number: +441422 771042 Country: United Kingdom City: HALIFAX The information provided does not constitute endorsement of any activities or claims mentioned in the press release. Neither KISS PR, nor its distribution partners, are responsible for the validity or accuracy of the information provided. Decisions based on the content of the press release are at the reader's own risk. For further inquiries about the company or the content issued, please contact the source company directly. Details about the source company are included in the press release. Release ID: 825775

November 30, 2023 09:00 PM Eastern Standard Time

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Flare Labs commences testing of FAssets on Coston network - Non-Smart Contract Tokens Headed to Flare

Flare

Leading blockchain research and development company, Flare Labs, has successfully launched a test version of FAssets on Flare’s Coston testnet. This marks a significant milestone in enabling smart contracts and DeFi for older tokens. The FAssets system allows non-smart contract tokens such as BTC, XRP & DOGE to be used trustlessly with smart contracts on Flare. By minting these non-smart contract tokens into FAssets it will be possible to put them to work earning yield or rewards in decentralized applications on the Flare network. Once the FAssets are on Flare, they can also be bridged to other networks. Hugo Philion, CEO of Flare Labs, comments: “More than 70% of the total value of all blockchain assets do not have smart contracts and therefore can’t be efficiently deployed in DeFi. FAssets are formally a Delta neutral synthetic with multi collateral backing. They enable these legacy assets to be represented on a smart contract chain without requiring a centralized third party. For developers, it will be a new and trustless means to access new potential users and a large amount of currently untapped value.” While an initial private Beta of the FAssets system will be conducted on Flare’s Coston testnet, a subsequent implementation will follow on the Songbird canary network before FAssets are launched on the Flare mainnet. The Beta will cover all major components of the system with Flare Labs and initial partners adopting all required roles within the system and providing the necessary infrastructure. Test assets will allow the simulation of market volatility to assess the system’s robustness under stress. As the Beta test progresses external participants will be able to join. Once FAssets are live on Flare mainnet, in addition to earning DeFi yields, users and dapps will be able to earn FLR tokens from the cross-chain incentive pool as a reward for bringing sustainable value to Flare. Explainer video for FAssets: https://youtu.be/9OqC-aIWdRI About Flare Labs: Flare Labs researches and develops software to increase the utility of decentralized systems. They built the software that powers the Flare and Songbird blockchains, which was subsequently licensed to the Flare Foundation. About Flare: Flare is the blockchain for data, an EVM smart contract platform that expands the utility of blockchain. By giving developers trustless access to the broadest range of data, at scale and for minimal cost, Flare acts as a utility layer for the blockchain industry and supports the development of new and improved use cases. > The State Connector reaches consensus on event information from external blockchains and web2 APIs, allowing it to be used trustlessly in smart contracts on Flare. > The Flare Time Series Oracle delivers highly decentralized price and data feeds to dApps on Flare without relying on centralized providers. Website | Twitter | Telegram | Discord Contact Details Flare Network Nick Campion nick@flare.network

November 30, 2023 05:46 PM Eastern Standard Time

Antipa Minerals updates on phase 2 drilling at Minyari Dome

Antipa Minerals Ltd

Antipa Minerals Ltd (ASX:AZY) MD Roger Mason updates Proactive on the diamond drilling program at the company’s 100%-owned Minyari Dome Gold-Copper Project in the Paterson Province of Western Australia. He says the expanded Phase 2 exploration program is progressing on schedule with activities targeting material growth to the existing gold-copper resource plus identifying major new greenfield discoveries. “The Antipa team is very happy with current progress across our vast Minyari Dome Project exploration footprint, making a great start to the Phase 2 CY2023 drilling program," Mason said. "We have plenty of activity to come during the current field season, including four new soil and/or geophysical targets to be tested within the wider Minyari Dome area. "From mid-December through to February 2024 we expect a steady pipeline of assays to be returned with results to be incorporated into planning for our CY2024 drill program." Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

November 30, 2023 05:30 PM Eastern Standard Time

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Lotus Resources now has third largest uranium resource on ASX

Lotus Resources Ltd

Lotus Resources Ltd (ASX:LOT) MD Keith Bowes speaks with Proactive after gaining approval for the merger with A-Cap. Bowes says the deal creates a leading uranium player with significant scale and resources, positioning Lotus for a market re-rating. Lotus will hold mineral resources of 241 million pounds U3O8 at Kayelekera and Letlhakane, increasing Lotus’ resources almost five-fold to become the third largest among ASX listed peers. “We are exceptionally pleased that the merger has now become legally effective," Bowes said. "This merger delivers Lotus a vastly increased resource base of 241 million pounds uranium, the bulk of which is located in the top 2 global mining jurisdiction of Botswana. "There is significant work that can be done on Letlhakane in the short term to optimise the value of the project, using Lotus’ proven uranium expertise and skills." Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

November 30, 2023 03:00 PM Eastern Standard Time

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