News Release
Alligator Energy discovers high-grade uranium at Samphire, plans extended drilling
Alligator Energy Ltd
Alligator Energy Ltd (ASX:AGE, OTC:ALGEF) CEO Greg Hall sits down with Jonathan Jackson in the Proactive studio to talk about significant uranium discoveries following resource extension drilling at the Samphire Uranium Project near Whyalla, South Australia. The drilling, which ran from late January to mid-April, included 49 drill holes spanning 4,089 metres. This initiative aimed at the Blackbush deposit's roll fronts has revealed noteworthy uranium intersections, aligning with strategic exploration objectives. Ground gravity surveys played a crucial role in identifying the target palaeochannels, enhancing the accuracy of deposit targeting.Significant results include intersections of 4.44 metres at 0.43% uranium (pU3O8) from 61.38 metres, 1.47 metres at 0.40% from 60.68 metres, 0.75 metres at 0.64% from 63.57 metres and 1.17 metres at 0.30% from 64.24 metres. These findings not only extend the known mineralisation within the Blackbush deposit but also suggest possible expansions into new areas.Drilling will resume in mid-May after a break for the pastoral lambing season, with a focus on exploring Extension Area 2 and expanding into the Blackbush North Target Area. Alligator Energy has committed to continuous drilling through 2024 and plans to update its mineral resource estimate by the fourth quarter. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 Jonathan@proactiveinvestors.com
May 02, 2024 03:30 PM Eastern Daylight Time
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News Release
Bitget brings Pre-listing of Zerolend (ZERO) Tokens in Pre-Market
Bitget
Bitget, the world's leading cryptocurrency exchange and Web3 company, has made Zerolend lending market's yet-to-launch token ZERO available for its users in pre-market prior to its listing on other CEXs. ZeroLend is a multi-chain lending protocol focusing on Liquid Restaking Tokens (LRTs), Real World Assets (RWAs), privacy, and account abstraction. The native tokens of the ecosystem ZERO is currently in its initial launch, to participate users can now directly place their buy and sell orders on Bitget's Pre-market. To buy ZERO tokens users can visit the Pre-market product. Bitget's new product feature: the Pre-market is designed to facilitate trading for tokens such as ZERO that have not yet been officially listed on the spot market of major centralized exchanges. By enabling pre-listing trading, users can gain early pricing power over tokens such ZERO, making it easier to become the primary trading market for the asset once it is listed on various exchanges. With this new listing Bitget users can gain early access to ZERO tokens. The feature aims to meet the demand for pre-listing trading of the latest tokens. With enhanced liquidity, it provides a better trading experience. The pre-market platform trading for ZERO tokens is now active for Bitget users. ZeroLend introduces a permissionless lending protocol where users can lend/borrow in a trustless manner regardless of their financial or geographical background. With ZeroLend users can connect their wallet, deposit the required collateral, and instantly get the loan amount in their wallet. While the account abstraction features enables developers to create account-abstracted wallets or smart accounts that can initiate and execute transactions on behalf of the user. To help users leverage the growing RWA narrative, ZeroLend offers RWA lending/borrowing and supports assets accordingly. Bitget's Pre-market is a strategic product positioned to capture the interest of proactive traders and investors who aim to leverage early access in high-potential low-cap tokens. The feature benefits users by providing them with the opportunity to trade in tokens like ZERO before they hit the broader market. With focus on pre-listing trading, Bitget is building its ecosystem to function as an all-in-one solution for new and pro traders alike. The initiative aligns with Bitget’s broader goals of expansions in its spot and various other corridors. Launched in April 2024, Bitget's Pre-market has given users early access to projects such as EigenLayer (EIGEN), Merlin Chain (MERL), Renzo (REZ), BounceBit (BB), Meson Network (MSN) and now the latest edition of Zerolend (ZERO). Bitget is now one of the top 10 crypto spot trading platforms with over 700 coins and 800 pairs. With the introduction of Pre-market, Bitget continues to innovate and provide solutions to meet the evolving needs of cryptocurrency traders and investors. For more information, users can visit here. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet Contact Details Bitget Rachel Cheung media@bitget.com Company Website https://www.bitget.com/
May 02, 2024 02:47 PM Eastern Daylight Time
News Release
MustGrow Biologics Secures Distribution Agreement for TerraSante in Oregon and Washington State
MustGrow Biologics Corp
MustGrow Biologics Chief Executive Officer Corey Giasson joined Steve Darling from Proactive to reveal the signing of an exclusive distribution agreement with G.S. Long for the distribution of MustGrow's TerraSante biofertility product in Oregon and Washington State. TerraSante, certified organic by the USDA National Organic Program, is designed to enhance soil microbiome health, improve nutrient and water use efficiencies, and boost plant yields. This agreement marks a significant milestone in MustGrow's commercialization strategy, leveraging the expertise and extensive network of G.S. Long to develop and market MustGrow's soil amendment and biofertility technologies, including TerraSante, in the region. G.S. Long Company, a trusted family-owned and operated agricultural chemical and fertilizer retailer headquartered in Central Washington, boasts additional branches across both Washington and Oregon State. With a legacy of generational grower relationships and a team of over 40 state-licensed Crop Advisors, G.S. Long offers comprehensive consulting services to farming customers, covering conventional, IPM, and organic farming practices, pest and disease management, soil and crop nutrition, and regulatory compliance. The agricultural sector in Oregon and Washington State holds significant economic importance, with Oregon recording $5.0 billion USD in agriculture production in 2021 alone, contributing $2.6 billion USD in agriculture exports. Agriculture plays a vital role in the economies of both states, generating substantial gross product and employment opportunities. Through this exclusive distribution partnership, MustGrow Biologics and G.S. Long aim to revolutionize soil fertility and crop production practices in the region, driving sustainable agriculture and economic growth while meeting the evolving needs of farmers and consumers alike. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com
May 02, 2024 02:41 PM Eastern Daylight Time
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News Release
Serabi Gold sees double digit increases in gold production as company releases Q1 results
Serabi Gold Plc
Serabi Gold CEO Michael Hodgson joined Steve Darling from Proactive at our OTC studios in New York City to shared updates on the company's first-quarter highlights, showcasing significant improvements and progress in various areas. Serabi Gold reported a Q1-2024 gold production of 9,007 ounces, marking a notable 12.5% increase compared to Q1-2023 and representing the highest quarterly total reported since 2021. The Coringa project contributed 3,871 ounces of gold production at mined grades of 6.39 g/t gold, while the Palito plant processed a record quarterly total of over 54,000 tonnes of ore. Hodgson highlighted the successful arrival of a new ore sorter acquired for the Coringa project in Brazil, which has cleared customs and is en route to the site. The company remains on track for the commissioning of the ore sorter in Q4-2024. Additionally, Serabi Gold has initiated work on an updated Preliminary Economic Study at Coringa, which will incorporate revised geological resources, mineral reserves, and economic analyses outlining the planned use of the classification plant and process at the Palito Complex. Serabi Gold is reiterating its FY2024 consolidated gold production guidance of 38,000 – 40,000 ounces, demonstrating confidence in its operational capabilities and project advancement strategies. These developments underscore Serabi Gold's commitment to delivering value to its stakeholders and maintaining its position as a leading player in the gold mining industry. Contact Details Proactive North America +1 605-699-8158 na-editorial@proactiveinvestors.com
May 02, 2024 02:38 PM Eastern Daylight Time
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Standard Uranium announces financing as company plans drilling at Davidson River
Standard Uranium Ltd
Standard Uranium CEO Jon Bey joined Steve Darling from Proactive to announce the company's decision to proceed with a non-brokered private placement, aiming to raise gross proceeds of up to $3 million. This funding will facilitate the return to drilling activities at the company's flagship Davidson River project, capitalizing on the current strength in the global uranium sector and the increasing importance of uranium as a green energy source. Speaking with Proactive, Bey highlighted the significance of the upcoming drilling campaign, which will focus on the Davidson River project located in the southwestern uranium district of the Athabasca Basin. The 2024 drilling program will build upon previous successes, targeting the most prospective basement structures and alteration zones identified to date. Additionally, new target areas within recently staked claim blocks will be explored, incorporating cutting-edge targeting vectors and machine learning techniques. Standard Uranium is leveraging data-driven machine learning techniques to enhance drill targeting at Davidson River, utilizing anomaly detection, electromagnetic data mapping, and anomaly matching based on known world-class uranium deposits in the area. The application of machine learning extends to the company's internal drilling and geochemical databases, enhancing the efficiency and accuracy of targeting strategies. Furthermore, Bey mentioned the consideration of additional geophysical surveys over high-priority areas to further refine the targeting strategy on the Davidson River project. With over 70 kilometers of graphitic conductors, the project presents significant discovery potential, positioning Standard Uranium for success in its exploration endeavors. Contact Details Proactive Canada +1 604-688-8158 action@proactiveinvestors.com
May 02, 2024 02:15 PM Eastern Daylight Time
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ARway.ai Strikes Two Major Deals with ImmersLabs and Riyad Bank for Immersive AR Experiences
ARway.ai
ARway.ai Chief Executive Officer Evan Gappelberg joined Steve Darling from Proactive to unveil two significant partnerships with ImmersLabs and Riyad Bank, marking a significant leap forward in immersive augmented reality (AR) experiences. The collaboration with ImmersLabs entails ARway.ai joining as an ARway Developer to pilot AR maps across three floors of a prestigious museum located in the heart of Washington, D.C. This innovative installation aims to revolutionize navigation within the museum, offering visitors an immersive journey enriched with educational content about the museum's exhibits and architectural updates. Through AR technology, visitors can interact directly with various elements of the exhibits, enhancing their overall museum experience. Additionally, ARway.ai has partnered with Riyad Bank to prototype a cutting-edge navigation experience at their new corporate campus complex in Riyadh, Saudi Arabia. This initiative is designed to deploy across all buildings within the property, providing employees with seamless navigation from parking lots to offices and other facilities within the campus. By leveraging AR technology, Riyad Bank aims to enhance employee productivity and streamline movement within their corporate environment. These partnerships underscore ARway.ai's commitment to leveraging advanced AR solutions to transform navigation experiences across diverse environments, from cultural institutions to corporate campuses. By harnessing the power of AR technology, ARway.ai is pioneering new standards in immersive navigation and user engagement, empowering organizations to unlock the full potential of spatial computing for enhanced experiences and operational efficiency. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com
May 02, 2024 02:12 PM Eastern Daylight Time
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Nextech3D.ai Achieves 80% Gross Profit Milestone, Propelled by AI and Strategic Shift to Hyderabad
Nextech3D.AI
Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to announce the company has reached a significant milestone by achieving an 80% gross profit in Q2, 2024. This remarkable accomplishment marks a 166% increase from the 30% gross profit reported in 2023, showcasing the company's strong growth trajectory. Evan Gappelberg, CEO of Nextech3D.ai, attributes this milestone to the company's strategic investment in AI and its pivot to Hyderabad, India, in Q3, 2023. He expressed confidence in the company's ability to achieve profitability in 2024 by scaling revenue with impressive 80% profit margins while concurrently reducing operating expenses. This reduction in expenses is attributed to the continued investment in the company's patented AI technology, which enhances efficiency and productivity across operations. The strategic shift to Hyderabad, India, aligns perfectly with Nextech3D.ai's commitment to delivering top-tier 3D modeling and augmented reality solutions while maintaining a sharp focus on profitability and fiscal responsibility for its valued shareholders. This move underscores the company's dedication to maximizing shareholder value while capitalizing on emerging market opportunities in the eCommerce and technology sectors. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com
May 02, 2024 02:10 PM Eastern Daylight Time
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Cadiz Inc. CEO Susan Kennedy Shares Evolution and Vision for Water Management Strategies
Cadiz Inc
Cadiz Inc CEO Susan Kennedy joined Steve Darling from Proactive to to discuss the company's remarkable evolution and advancements in water management strategies. Initially established around two decades ago with a focus on leveraging land and water assets for public storage, Cadiz Inc. has since transformed into a prominent player in the global water industry. Today, the company oversees a portfolio of water assets valued at over $5 billion and aims to emerge as the largest water trading bank in the southwestern United States. Central to Cadiz Inc.'s operations is its ownership of a vast aquifer system located in the eastern Mojave Desert. This aquifer, estimated to hold between 30 to 50 million acre feet of water—more than double the capacity of Lake Mead, serves as a crucial but complex water resource, situated hundreds of feet underground. Kennedy underscored the ongoing challenges posed by climate change, particularly the diminishing snowpack, a traditional source of water replenishment. In response, Cadiz Inc. has adapted by acquiring strategic infrastructure such as pipelines and right-of-ways, enabling efficient management and transportation of its substantial water resources. Moreover, the company has successfully navigated through extensive regulatory processes and litigations, positioning itself for significant public partnerships and infrastructure projects. These initiatives are geared towards bolstering water security and addressing the escalating demand for resilient water management solutions in the face of climate variability. Cadiz Inc.'s transformation underscores its commitment to innovative water management practices, aiming to meet the evolving needs of communities while mitigating the impacts of climate change on water resources. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com
May 02, 2024 02:06 PM Eastern Daylight Time
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News Release
Atha Energy Prepares for Phase I Diamond Drilling Program at Angilak Project in Nunavut
ATHA Energy Corp
Atha Energy CEO Troy Boisjoli joined Steve Darling from Proactive to announce announced the completion of equipment and supply mobilization to the Angilak project in Nunavut, Canada. The mobilization effort included the delivery of two state-of-the-art X10 Diamond Drills, aimed at enhancing daily meterage production compared to previous drilling campaigns. Scheduled to commence in early June 2024, Atha Energy has finalized a service agreement with Base Diamond Drilling, a renowned operator with extensive experience in Canada's northern regions and uranium-rich Athabasca Basin, to conduct a Phase I diamond drilling program. Angilak, wholly owned by Atha Energy, hosts the Lac 50 uranium deposit, one of the largest high-grade deposits outside of the Athabasca Basin, boasting a historical mineral resource estimate of 43.3 million pounds at an average grade of 0.69% U3O8. The 2024 exploration program at Angilak aims to advance geological understanding and delineate additional mineral resources, building upon the groundwork laid by Latitude Uranium, acquired by Atha Energy in late 2023. Phase I of the program will feature a nearly 10,000-meter diamond drilling campaign targeting the expansion of the Lac 50 Deposit, which remains open in all directions. Phase II will encompass geophysical surveys, including electromagnetic, magnetic, and VLF surveys, alongside ground geochemistry sampling and mapping, further enhancing the project's exploration efforts. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com
May 02, 2024 02:04 PM Eastern Daylight Time
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