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Galliford Try Holdings PLC outlines growth ambitions to 2030

Galliford Try Holdings PLC

Andrew Duxbury - Finance Director - Galliford Try Holdings PLC joined Steve Darling from Proactive to share insights into the construction company’s strategic vision and its focus on consistent, predictable, and profitable growth across key sectors in the UK, including education, healthcare, water, highways, and housing. Duxbury discussed the company’s sustainable growth strategy, which was outlined in 2021 with targets extending to 2030. This strategy emphasizes expanding large core markets and exploring higher-margin adjacent markets, while maintaining a foundation of risk awareness and discipline. As he announced his departure from the company, Duxbury expressed confidence in its robust state. He detailed ambitious financial goals for 2030, aiming for revenues exceeding £2.2 billion and an operating margin of 4%, effectively tripling profits and dividends compared to FY 2023. Key growth drivers identified include the UK's aging social and economic infrastructure, demographic changes, and the pressing need for decarbonisation. A significant aspect of Galliford Try’s future growth involves leveraging its expertise in affordable housing. Previously limited by a 2020 restriction, the company now aims to deliver over 1,200 housing units annually by 2030, generating around £250 million in revenue. Margin improvements are expected to come from careful contract selectivity, operational enhancements through digital investments, and the adoption of modern construction methods. Duxbury highlighted that the potential impact of the upcoming election on the company’s projects is anticipated to be minimal. Essential infrastructure investments are necessary regardless of the government in power, ensuring continuity in the company’s strategic projects. In conclusion, Galliford Try Holdings PLC is well-positioned to achieve its ambitious growth targets by 2030. The company’s focus on sustainable growth, coupled with its strategic investments in key sectors and innovative construction methods, promises to deliver substantial value to shareholders while addressing critical infrastructure needs in the UK. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 28, 2024 10:26 AM Eastern Daylight Time

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News Release

Nature's Miracle Holding Inc. (NASDAQ: NMHI): Cultivating the Future of Vertical Farming

RazorPitch NMHI

The vertical farming industry is currently undergoing an unprecedented surge, which is being driven by the growing demand for sustainable agricultural practices and the necessity to address food security challenges. Notably, North America stands at the forefront of this growth, commanding close to 40% of the global market share. With a compound annual growth rate of 25.5% forecasted for the rest of the decade, the vertical farming market in North America presents significant opportunities for companies to thrive and innovate within this burgeoning industry. One such company seizing these opportunities is Nature's Miracle (NASDAQ: NMHI), which has positioned itself as an emerging technology leader in advanced vertical farming technology and solutions. Let's explore how Nature's Miracle is capitalizing on this exponential growth and driving innovation in the vertical farming sector Market Debut On March 11, 2024, Nature's Miracle (NASDAQ: NMHI) completed a significant business combination with Lakeshore Acquisition II Corp., a special purpose acquisition company (SPAC). This merger marked the beginning of a new chapter for Nature's Miracle, with its securities starting to trade under the ticker symbol NMHI on the Nasdaq Global Market the following day. This event was celebrated with a ceremonial closing bell ringing at the Nasdaq Stock Market studio in Times Square, signifying the company's entry into the public market and the commencement of its new corporate identity. James Li, Chairman and Chief Executive Officer of NMHI, commented on this milestone, stating, “The successful closing of our business combination with Lakeshore marks a significant achievement for Nature’s Miracle. This new beginning on the Nasdaq Global Market under the NMHI ticker symbol is a testament to our commitment to growth and innovation in the vertical farming industry.” Partnerships Nature's Miracle has distinguished itself through its advanced vertical farming technology. The company offers a variety of products, including grow lights, hydroponic systems, and modular container farms branded as "MiracleTainer." These products are designed to optimize environmental conditions and increase production yields, making them highly appealing to indoor growers across North America. On March 20, 2024, Nature's Miracle announced a Memorandum of Understanding (MOU) with Future Tech Inc. (FTC), an Ohio-based financial technology, data systems, and energy integrator company with access to 100 MW of electricity in Ohio. This partnership aims to integrate vertical farming facilities with AI computing data centers. James Li highlighted the significance of this collaboration: “A deal with FTC allows our company to partner with AI Computing Data Center providers to co-locate vertical farming facilities in places where there is favorable electricity supply. We should also be able to tap into the indoor growing markets in Ohio, Illinois, and Michigan.” Efinity Brand Smart Dehumidifier The most recent significant development from NMHI is the announcement today of its Efinity brand smart dehumidifier. This product marks Nature's Miracle as one of only three companies in the U.S. to offer a dehumidifier specifically designed for the indoor growing market. The efinity dehumidifier is available in two models: the 345-pint-per-day SJD-07EG and the 506-pint-per-day SJD-10EG. Both models adhere to the stringent R-32 environmentally friendly standards, which reduce the use of hydrofluorocarbons (HFCs) and lower the global warming potential (GWP). These features make the efinity dehumidifier a critical addition to Nature's Miracle's product lineup, complementing its existing efinity LED lighting business and creating cross-sell opportunities. James Li emphasized the importance of the efinity dehumidifier in enhancing the company's revenue and market position: “The addition of the efinity dehumidifier will enhance both our topline growth and margin expansion. In addition, Nature’s Miracle can offer a full range of indoor growing products, including the industry-leading efinity grow light, MiracleTainer container farm system, efinity dehumidifier, and growing mediums including Dutch coco and Dutch wool. With indoor farming continuing on its upward trajectory, Nature’s Miracle will continue to enhance its position as a one-stop shopping provider of technology, products, and solutions for the industry.” Market Potential The global dehumidifier market is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2030, presenting a substantial opportunity for NMHI to capitalize on its new product offering. The company anticipates that the efinity dehumidifier will generate over $20 million in annual revenue, tapping into the $500 million industrial dehumidifier market in the U.S. Future Prospects NMHI’s strategic approach and innovative technology position it well for continued growth. The company’s portfolio, which includes grow lights, hydroponic systems, and modular container farms, is designed to meet the diverse needs of the indoor growing industry. The company's recent MOU with Future Tech Inc. and the launch of the efinity dehumidifier underscore its commitment to expanding its market presence and product offerings. Furthermore, NMHI has been proactive in exploring new opportunities and partnerships. On April 25, 2024, the company announced the successful manufacturing and shipment of its first two customized container farms in its proprietary "MiracleTainer" series to Growterra, LLC, an Ohio-based vertical farming company. These modular indoor farming containers are equipped to monitor and optimize environmental conditions such as temperature, humidity, and nutrient levels to increase production yields over traditional farming methods. James Li commented on this development, saying, “Nature’s Miracle’s container-leading farm solutions provide operating efficiency to vertical farm operators by significantly reducing the initial capital expenditure, resulting in sustainable profitability to fuel the economics of the vertical farming industry in the U.S. As a leader in designing and sourcing products for the controlled environment within the agriculture industry, we continue to make progress within the research and development of our MiracleTainer series of products.” Conclusion Nature's Miracle Holding Inc. (NASDAQ: NMHI) has shown remarkable growth and innovation in the vertical farming industry. From its business combination with Lakeshore Acquisition II Corp. to the launch of its efinity brand smart dehumidifier, the company continues to lead the way in providing advanced technology and solutions for indoor agriculture. With a strong management team and a robust product portfolio, Nature's Miracle is well-positioned to enhance its market share and drive the future of indoor farming. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained by Awareness Consulting to assist in the production and distribution of content related to NMHI. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details Mark McKelvie +1 585-301-7700 Company Website http://razorpitch.com

May 28, 2024 09:30 AM Eastern Daylight Time

Chariot Limited Reports Positive Results from OBA-1 Well Drilling in Morocco

Chariot Ltd

Chariot Limited Technical Director Duncan Wallace joined Steve Darling from Proactive to share the results from the drilling of the OBA-1 well on the Dartois prospect, the second well in a two-well drilling campaign, in the Loukos Onshore licence in Morocco. The OBA-1 well was drilled safely and efficiently, on time and within budget, to a final measured depth of 901 meters through the target reservoirs. Wallace explained that the comprehensive evaluation of the well data, including wireline logs, cuttings, and gas data, has led to a preliminary interpretation confirming the presence of reservoirs over an interval of approximately 200 meters in gross thickness. This corresponds to the pre-drill targets. Within this interval, an approximate 70-meter gross interval of primary interest has been identified, containing elevated resistivities coinciding with elevated mud gas readings, indicating potential gas pays. No water-bearing reservoirs were identified. Further post-drill analysis will be conducted in preparation for well flow testing, which will determine the well's productivity and the gas resource potential of the discovery. The well will now be suspended to allow for future rigless flow testing operations and potential use as a producer well. The rig will then be demobilized. Wallace also shared that Chariot is looking forward to an offshore drilling campaign planned for Q3 2024 on the Anchois gas field, in partnership with Energean. This campaign is expected to further bolster Chariot's position in the energy sector and expand its portfolio of gas projects. In conclusion, the successful drilling and preliminary positive results from the OBA-1 well represent a significant milestone for Chariot Limited. The company remains committed to advancing its exploration and development activities in Morocco and is well-positioned to capitalize on the growing demand for natural gas in the region. With the upcoming offshore drilling campaign, Chariot aims to further enhance its resource base and deliver value to its shareholders. Contact Details Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

May 28, 2024 09:27 AM Eastern Daylight Time

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News Release

Zanaga Iron Ore Advances with Positive Feasibility Study Results

Zanaga Iron Ore Co Ltd

Zanaga Iron Ore CEO Marty Knauth joined Steve Darling from Proactive to share significant updates regarding the company's flagship asset, the Zanaga Iron Ore Project located in the Republic of Congo. With all necessary permits and licenses secured, Zanaga Iron Ore is poised to capitalize on the positive outcomes of its 2024 Feasibility Study update. Knauth highlighted the robust economics of the project, particularly its staged development plan. The first stage involves a capital investment of US$1.94 billion, with operating costs projected at US$31.5 per dry metric tonne (dmt) of finished ore. The net Present Value (NPV) is estimated at US$3.68 billion, with an Internal Rate of Return (IRR) of 26.2%. Moving forward, the company plans to focus on magnetite expansion projects, including infrastructure enhancements such as a buried concentrate pipeline and port infrastructure. These developments are expected to further bolster the project's economic viability and attract potential strategic investors. The positive feasibility study results provide increased confidence in the project's economic feasibility within the current market and cost environment. This serves as a catalyst for potential investors to consider funding the next phase of the project, which entails front end engineering and design programs to refine project elements and mitigate risks. Furthermore, the next phase will prioritize the development of management plans for various aspects including environment, community, training, health, water management, mine waste, and closure. These efforts underscore Zanaga Iron Ore's commitment to responsible and sustainable resource development practices. Knauth mentioned his recent travels to China and Japan, where he engaged with potential investors, receiving positive feedback. He noted that the detailed 2024 feasibility study has facilitated these discussions. The company is currently focused on finalising the front-end engineering program, integrating technical, social, and risk assessments, and preparing for a construction decision. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 28, 2024 09:20 AM Eastern Daylight Time

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Voyageur Pharmaceuticals Secures $1.9 Million Sales Contract for Latin America

Voyageur Pharmaceuticals Ltd

Voyageur Pharmaceuticals CEO Brent Willis joined Steve Darling from Proactive to announce a significant milestone for the company with the signing of its first sales contract valued at USD $1.9 million. The contract spans a three-year term and involves a distribution partner specializing in radiology drugs in Latin America. Under the agreement, the distribution partner will have exclusivity in two Latin American countries, facilitated by covering all regulatory and licensing costs. The contract pricing structure is based on achieving volume milestones, providing incentives for both parties to drive sales growth. Willis highlighted that this major sales distribution agreement positions Voyageur to expand its market presence across Latin America. The company's flagship product, SmoothX®2% w/v, will serve as the lead entry product, with plans to introduce additional products, including Vision HD® 98%, Vision LD® 96%, Smooth HD® 105%, Smooth LD® 60%, and V-Gas®. SmoothX®2% w/v, currently available for immediate sales and distribution, is a contrast media designed for use in Computed Tomography (CT) of the gastrointestinal tract. The product's formulation of barium supports high-quality imaging, offering reproducible results for accurate diagnosis and image comparison. Clinical tests have demonstrated patient preference for SmoothX over existing products used in CT imaging, indicating its potential for market success. This sales contract signifies an important step forward for Voyageur Pharmaceuticals, positioning the company for growth and expansion in the Latin American market. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

May 28, 2024 09:14 AM Eastern Daylight Time

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Web 3.0 Could Revolutionize The Future Of Healthcare – Here's How

Benzinga

By Kyle Anthony The healthcare industry is at a pivotal moment, even as it faces numerous challenges, such as data fragmentation, security concerns and inefficiencies in patient care. The advent of Web 3.0 offers a promising solution to these issues by introducing a more connected, intelligent and secure framework for managing healthcare data and services. Companies like Elevate Health and Wellness are set on demonstrating the many advantages Web 3.0 brings through their efforts. Understanding Web 3.0 To understand how Web 3.0 can change the healthcare industry, it’s important to appreciate what it offers. Web 3.0, often called the "decentralized web," aims to create a more intelligent, connected and open Internet, addressing many limitations and challenges in the current Web 2.0 era – which is dominated by centralized platforms and services. Web 3.0 will utilize blockchain technology and decentralized networks, where data and applications are distributed across a network of nodes rather than controlled by a single entity. The distributed nature of Web 3.0 provides individuals with greater ownership of their information and the ability to utilize that information in a more secure and versatile manner. Given Web 3.0's capabilities, it has significant potential in multiple areas. Below are three ways in which it can reshape the healthcare industry. Data Management And Patient Care Web 3.0 brings transformative potential to the healthcare sector, particularly in managing healthcare data records. The current Web 2.0 infrastructure struggles with security vulnerabilities and inefficient data management. By leveraging decentralized technologies such as blockchain, enhanced semantic capabilities and advanced privacy measures, Web 3.0 aims to address the current challenges of data fragmentation, security, and accessibility. From a patient standpoint, Web 3.0 allows patients to control and own their healthcare information. Blockchain-based personal health records (PHRs) allow patients to manage access permissions, ensuring their data is shared only with authorized parties. This can improve the healthcare experience, as healthcare practitioners will have a holistic view of a patient's health, leading to better diagnosis and treatment plans. Community-Based Healthcare Support The number of individuals suffering from mental health issues has risen in recent years, and how the current healthcare industrial complex supports them may, at times, be inadequate. Supported by both the Substance Abuse and Mental Health Services Administration and the Centers for Disease Control, peer support has emerged as an evidence-based approach to promote recovery from both mental and substance use disorders. Individuals with lived experience are critical to this model, providing peer support based on their expertise in managing their own conditions while also receiving community support in return. By implementing Web 3.0 in peer support services, individuals can form a community around specific mental health issues and receive ongoing support from specialized medical personnel and individuals who have had similar experiences and found ways to cope successfully – in essence, using technology to treat individuals empathetically and holistically as they navigate their mental health journey. Implementing blockchain technology to increase mental health services for those who need it instantly at both outpatient and inpatient levels is part of Elevate Health and Wellness’ vision. It is a dual-licensed outpatient clinic specializing in mental health and addiction treatment for adolescents and adults. Tentatively launching in 2026, the company says its token will be used to increase awareness, build a stronger supportive community and connect individuals with mental health disorders and addiction with therapists and psychiatrists instantly. Blockchain-based software will also allow for the creation of smart insurance contracts (i.e., contracts that are self-executing, in which the terms of the agreement are directly written into lines of code) for mental health and wellness to provide an alternative to conventional insurance. In speaking with Dr. Mohamed Elsamra, the medical director at Elevate Health, about the clinic’s blockchain initiative, he stated, “With Web3 technology, we can provide cheaper and faster access to mental health care, and this will reduce insurance premiums people pay for coverage. We should provide a cheaper alternative than the current conventional insurance system.” Combating Drug Counterfeiting Counterfeit drugs pose serious threats to patient safety and undermine trust in healthcare systems. This was especially highlighted in the wake of counterfeits of the weight-loss drug GLP-1 found their way into markets around the world, leading the FDA to issue a warning about the health risks involved. Traditional methods of tracking and verifying pharmaceuticals are often inadequate due to their susceptibility to tampering and fraud. Web 3.0 introduces a decentralized, secure and intelligent Internet infrastructure that has the potential to transform drug supply chain management. By utilizing blockchain technology, stakeholders can track a drug’s journey from production to the point of sale. This end-to-end traceability helps in verifying the authenticity of pharmaceuticals and identifying counterfeit products quickly. Furthermore, smart contracts will ensure compliance and reduce the risk of fraud in the supply chain. Web 3.0 holds significant promise in the fight against drug counterfeiting by enhancing the transparency, security, and efficiency of pharmaceutical supply chains. Through blockchain technology, stakeholders can achieve unprecedented levels of traceability and authenticity verification in the production and distribution of drugs to the general public. The Digital Future Of Healthcare A study published in BMJ Journals predicted,”It is possible that very soon, we will see a sprawling mental health space in Web 3.0 that may revolutionize the mental health field.” Web 3.0 holds the potential to transform healthcare by addressing many of the current system's inefficiencies and challenges. Through decentralized networks, intelligent data interpretation, and enhanced privacy and security measures, Web 3.0 can create a more patient-centric and efficient healthcare system for the benefit of all – and companies like Elevate Health and Wellness are fully prepared to help stakeholders make the most of it. Click here to learn more about Elevate Health and Wellness and their efforts using technology to address pressing mental healthcare issues. Featured photo by National Cancer Institute on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

May 28, 2024 09:00 AM Eastern Daylight Time

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Legendary Music Exec Jerry Greenberg Says Working With Diamond Lake Minerals (OTCPK: DLMI) CEO, Brian J. Esposito On Launching Autobiography Was Like Discovering "Incredible New Rock-Star Talent"

Benzinga

By Gerelyn Terzo, Benzinga Legendary music executive Jerry Greenberg has inked a powerful partnership with Diamond Lake Minerals (OTC: DLMI) CEO Brian J. Esposito for the launch of his much-anticipated autobiography, “Whole Lotta Music.” A Pioneer in the British Invasion of American Rock, as he’s known, also enlisted pro writer Dr. Joy Peters, who hails from Alabama’s “Hit Music Capital of the World” Muscle Shoals, to help pen his memoir and turn his vision into a reality. As the man behind the music, Greenberg signed many timeless acts that have helped to shape the landscape of America’s entertainment industry for decades. After making the dreams of many iconic artists come true, now it’s his turn. Music enthusiasts can thank Greenberg for bringing iconic bands like The Rolling Stones, Led Zeppelin, Eric Clapton, AC/DC, ABBA, Foreigner, Genesis and Phil Collins across the pond. As a drummer himself, Greenberg has played alongside the likes of Foreigner and Led Zeppelin and also worked with the Queen of Soul, Aretha Franklin. In his new book, the music executive documents how he helped to produce Grammy winners and Hall of Fame rock stars, owing to what his industry peers have chalked up to a good ear for music. One of the most memorable artists Greenberg has had the distinction of knowing throughout his illustrious career was Michael Jackson in the 1990s. On a podcast, Greenberg described the King of Pop as the “ most creative and visionary ” individual with whom he’d ever worked. Indeed, as podcaster Bob Lefsetz noted, Greenberg’s resume comprises a “who’s who” of music legends that spans over four decades. Breaking Records For A Lasting Legacy Greenberg’s legacy also extends to breaking records – he was the youngest president of any major record company when he took the reins of Atlantic Records at the age of 32. He knows a hit when he hears it, getting songs like Percy Sledge’s “When a Man Loves a Woman” played on the airwaves during his early days at the label. On Greenberg’s watch, Atlantic Records produced Grammy winners, Hall of Fame rockstars, pop and R&B acts and multiple chart-topping EDM, disco and rap artists. Perhaps it’s no coincidence that Greenberg chose Esposito to architect the promotion of his new book, as they appear to be cut from a similar cloth. Both executives share qualities that have made them into the successes that they are today – for instance, they both tout relationships as keys to unlocking doors along the way. Esposito is also no stranger to the limelight, having launched several top celebrity and Fortune 500 brands himself, not least the perfume and beauty lines of some of the biggest names in music and entertainment. As a native of Asbury Park, N.J., which is where rock star Bruce Springsteen got his big break, music has always been a part of his journey. In addition to running Diamond Lake Minerals, a major player in the regulated digital asset space, Esposito is a serial entrepreneur, overseeing an intellectual enterprise holding company that comprises hundreds of entities and joint ventures across over two dozen industries. For his part, Esposito described the opportunity to work alongside Greenberg, one of his idols, as “monumental,” adding: “I know working alongside Mr. Greenberg and Dr. Peters we will accomplish one of the most successful book launches ever. These stories need to, and will be, known to music lovers everywhere and live on forever.” The feeling is apparently mutual, as Greenberg likened working alongside Esposito to discovering “incredible new rock-star talent,” adding: “He can make our book campaign a hit because Esposito is a heavy hitter in the world of business and marketing, a top-10 CEO who will be an all-star promoting my book." The book ‘Whole Lotta Music’ has sold out in its initial launch and is reportedly gearing up for a major launch. Featured photo by Pexels on Pixabay. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

May 28, 2024 09:00 AM Eastern Daylight Time

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TRON Network Officially Supported By LayerZero

TRON DAO

Geneva, Switzerland, May 28, 2024 – The TRON DAO has officially announced LayerZero support for the TRON blockchain, making TRON the second non-EVM chain to be integrated into LayerZero’s cross-chain interoperability protocol. This significant development allows TRON ecosystem developers to seamlessly expand their applications to over 70 other networks supported by LayerZero. LayerZero is a cutting-edge interoperability protocol designed to facilitate seamless interactions between different blockchain networks. With LayerZero’s integration, TRON developers can now effortlessly deploy their decentralized applications (dApps) across multiple blockchain platforms, enhancing interoperability and accessibility. This capability also enables developers on other LayerZero-supported networks to bring their applications to the TRON mainnet. TRON is a leading public blockchain with one of the most active user bases. Showcasing nearly 1.8 million daily active users and around a 50% market share of USDT, the most utilized stablecoin across the globe, according to DeFiLlama. With this new collaboration, the TRON DAO continues to advance blockchain interoperability, providing developers with the tools necessary to innovate and expand their reach, driving the adoption of decentralized technologies. Dave Uhryniak, Ecosystem Development Leader at TRON DAO, expressed enthusiasm about the integration: “Integrating LayerZero into the TRON ecosystem marks a significant milestone in our mission to enhance blockchain interoperability. This integration provides our developers with unprecedented opportunities to expand their applications across multiple networks, fostering greater innovation and growth.” Simon Baksys, VP of Business Development at LayerZero added, “We are excited to support the TRON blockchain, broadening the horizons for developers across all LayerZero-supported networks. This integration will unlock new opportunities and facilitate seamless cross-chain interactions, driving the future of decentralized applications.” This collaboration between LayerZero and TRON not only underscores the importance of cross-chain interoperability but also paves the way for a more connected and versatile blockchain ecosystem. By enabling seamless communication and interaction between diverse blockchain networks, this integration is set to drive the next wave of decentralized innovation and adoption, creating a more inclusive and efficient digital economy. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of May 2024, it has over 230.22 million total user accounts on the blockchain, more than 7.64 billion total transactions, and over $22.12 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Hayward Wong press@tron.network Contact Details Hayward Wong press@tron.network Company Website https://trondao.org/

May 28, 2024 09:00 AM Eastern Daylight Time

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BDA To Hold Second Bermuda Reception at Consensus

Bermuda Business Development Agency

The Bermuda Business Development Agency (BDA) will hold its second Bermuda Reception at Consensus, the world’s largest gathering of digital asset, blockchain and Web3 enthusiasts in Austin, Texas this week. Kendaree Burgess, COO of the BDA said, “Bermuda continues to build on its reputation as a global thought leader in the realm of robust yet pragmatic digital asset regulation and supervision, as recently evidenced by the appointment of Sheila Warren, CEO of the Crypto Council for Innovation, to the board of the Bermuda Monetary Authority (BMA).” Ms. Burgess continued, “Our Bermuda reception provides all local delegates and their guests the opportunity to take a virtual lap around Hamilton, with organisations like the BMA, service providers and government all present. The accessibility of the event mimics the ease of doing business and making connections in Bermuda.” Bermuda’s reception will be held on Thursday, May 30 from 5pm to 7.30pm. Attendees will enjoy Bermuda entertainment and could win a weekend trip for two to Bermuda courtesy of BermudAir and The Loren Hotels. Email events@bda.bm to RSVP. During their time at Consensus, the BDA and other members of the Bermuda delegation will hold business development meetings with key leaders expressing an interest in setting up operations in Bermuda. If you wish to meet with team Bermuda at Consensus, email the BDA’s Business Development Manager, Korrin Lightbourne at korrin@bda.bm. If you want to learn more about how the BDA’s dedicated concierge service can assist you with setting up your next investment in Bermuda, email info@bda.bm. The BDA thanks all our ‘Bermuda Reception at Consensus‘ silver sponsors including Bermuda Tourism Authority, BermudAir, The Loren Hotels, Goslings, and Walkers. The BDA’s presence at Consensus 2024 aligns with the ‘Local and International Business Retention’ and ‘Business Attraction and Investment Promotion’ strategic priorities outlined in Bermuda’s Economic Development Strategy. The Bermuda Business Development Agency (BDA) encourages direct investment and helps companies start up, re-locate, or expand their operations in our premier jurisdiction. An independent, public-private partnership, we connect you to industry professionals, regulatory officials, and key contacts in the Bermuda government to assist domicile decisions. Contact Details Bermuda’s Business Development Agency (BDA) Stuart Roberts, Director, Marketing & Communications +1 441-707-0038 stuart@bda.bm Company Website https://bda.bm

May 28, 2024 08:45 AM Eastern Daylight Time

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All Industries

Galliford Try Holdings PLC outlines growth ambitions to 2030

Nature's Miracle Holding Inc. (NASDAQ: NMHI): Cultivating the Future of Vertical Farming

Chariot Limited Reports Positive Results from OBA-1 Well Drilling in Morocco

Zanaga Iron Ore Advances with Positive Feasibility Study Results

Voyageur Pharmaceuticals Secures $1.9 Million Sales Contract for Latin America

Web 3.0 Could Revolutionize The Future Of Healthcare – Here's How

Legendary Music Exec Jerry Greenberg Says Working With Diamond Lake Minerals (OTCPK: DLMI) CEO, Brian J. Esposito On Launching Autobiography Was Like Discovering "Incredible New Rock-Star Talent"

TRON Network Officially Supported By LayerZero

BDA To Hold Second Bermuda Reception at Consensus