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Comtex Launches Omnia: A Cutting-Edge News API Platform leveraging NLP and AI

Comtex

Comtex News Network, Inc (Comtex), a leading provider of news aggregation and distribution services to top firms in financial services, news publishing, syndication, and analytics, proudly announces the launch of its innovative API platform, Omnia. Omnia is a state-of-the-art API platform designed to revolutionize the way businesses access and utilize news content. Omnia empowers users with instant access to real-time streaming news, AI-generated article summaries, enhanced tagging and categorization based on NLP, advanced filtering, and access to an extensive catalog of curated news sources. Key Features of Omnia Include: Real-time Streaming News: Omnia provides real-time streaming news via websockets push and REST API for seamless integration into existing systems. Enhanced Tagging and Categorization: Leveraging AI and proprietary NLP-based algorithms, Omnia offers enhanced tagging and categorization of content, including press releases, earnings releases, product categories, and more. AI-Generated Article Summaries: Omnia utilizes AI to generate concise and searchable article summaries, enabling users to quickly grasp an article before reading it. Advanced Filtering: Omnia's advanced filtering capabilities allow users to customize their news feeds based on specific criteria, ensuring they receive only the most relevant content. Access to an extensive collection of curated, high-quality sources used by top companies in financial services, analytics, research and a broad range of industries. Omnia is designed for rapid integration and serves a variety of use cases, including training of LLMs, financial platforms, asset management, trading, academic research, legal research, market research, and much more. Commenting on the launch, Comtex CEO Kan Devnani said, "We are pleased to bring a flexible, state-of-the-art news platform with access to curated, premium news sources to market. Omnia is an extendable platform, combining AI with our rich experience applying NLP to news content. This will allow clients to derive more intelligence and insights from the news content we offer and help clients curate and identify the content most relevant to them. Comtex will use Omnia to deliver evolving analytics and insight to its users." Access to Omnia can be trialed by visiting https://www.comtex.com/api. Comtex encourages users to explore its features and capabilities. To learn more about Omnia and request a demo, please contact sales@comtex.com or visit https://www.comtex.com/api. About Comtex News Network, Inc (Comtex): Comtex News Network Inc (Comtex) is a leading provider of news aggregation services to top firms in financial services, news publishing, syndication, and analytics. With a wealth of experience and expertise, Comtex delivers comprehensive news solutions that empower businesses to make informed decisions and stay ahead of the competition. Comtex also offers syndication services to content providers and platforms to generate traffic to online content. Contact Details Comtex News Network Media Relations sales@comtex.com

April 12, 2024 02:01 PM Eastern Daylight Time

Select Sector SPDR ETFs: A Strategic Approach to Precision Investing and Customized Portfolios

Select Sector SPDR

In the dynamic world of investing, Exchange-Traded Funds ( ETFs ) have proved to be a powerful tool for investors seeking diversification, flexibility, and potentially a more sector-driven approach. Select Sector SPDR ETFs offer a focused approach to sector investing, enabling investors to specifically target sectors within the broader market. This method of investment strategy is designed to arm investors with greater control and flexibility over their portfolios. Select Sector SPDR ETFs segment the S&P 500 into 11 investable sectors, covering all broad market segments. They provide access to various industries, allowing investors to craft a diversified portfolio that aligns with their unique investment goals. This approach presents an excellent opportunity for both individual and institutional investors to effectively navigate the financial markets. Each ETF comprises well-known, large-cap companies from the S&P 500, ensuring broad exposure and diversification. The transparent nature of ETFs allows for daily disclosure of portfolio holdings and weightings, providing investors with visibility into their investments. The full lineup of Select Sector SPDR ETFs includes: Communication Services Select Sector SPDR Fund (XLC) Consumer Discretionary Select Sector SPDR Fund (XLY) Consumer Staples Select Sector SPDR Fund (XLP) Energy Select Sector SPDR Fund (XLE) Financials Select Sector SPDR Fund (XLF) Health Care Select Sector SPDR Fund (XLV) Industrials Select Sector SPDR Fund (XLI) Materials Select Sector SPDR Fund (XLB) Real Estate Select Sector SPDR Fund (XLRE) Technology Select Sector SPDR Fund (XLK) Utilities Select Sector SPDR Fund (XLU) These ETFs provide flexible, transparent, and low-cost investment options to both retail and institutional investors. The flexibility offered by these ETFs empowers investors to make strategic adjustments in their portfolios as market conditions change. This flexibility, combined with the transparency of daily disclosure of portfolio holdings, allows investors to always be aware of where their money is invested. Select Sector SPDR ETFs offer a unique opportunity to invest in various sectors with precision and flexibility. They provide a simplified approach to sector investing, allowing investors to customize their portfolios to meet their specific investment objectives. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007439 EXP 5/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

April 12, 2024 05:00 AM Eastern Daylight Time

American Clean Power Association Providing Solutions and Powering the Future

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/yOLnXhAmafE American made clean power is rapidly growing from coast to coast.. Renewables like wind and solar—coupled with battery storage—led new power generation over the past several years and the future is bright. The clean energy industry is fueled by American workers and supports family farms and communities across this country. Clean energy is a leading source of U.S. job creation and investment. Clean energy provides jobs for nearly a half a million Americans. The U.S. has enough installed clean energy to power nearly 70 million American homes. Harnessing our world-class clean energy resources will play an essential role in strengthening the country’s economy. Fully realizing our clean power potential will create tens of thousands of good-paying jobs, boost U.S. manufacturing, and reduce greenhouse gas emissions. The American Clean Power Association (ACP) is the leading voice of today’s multi-tech clean energy industry, representing over 800 energy storage, wind, utility-scale solar, clean hydrogen, and transmission companies. ACP is committed to meeting America’s national security, economic and climate goals with fast-growing, low-cost, and reliable domestic power. On April 3 rd, Jason Grumet, American Clean Power Association, Chief Executive Officer conducted a nationwide media tour discussing the following topics: What is clean power and how widespread its usage is. National and local economic benefits. How adoption of clean power is a major job driver. Benefits of renewable farming and success stories from local farms and farm owners For more information, visit FUELFORTHOUGHT.ENERGY Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

April 11, 2024 02:16 PM Eastern Daylight Time

Video

News Release

Most cannabis consumers would vote for pro-cannabis candidates regardless of party, new polling finds

NuggMD

A majority of cannabis consumers who are likely to vote this November would cast their ballot for a pro-cannabis presidential candidate regardless of that candidate’s party, according to a new poll that sheds light on how aligned cannabis consumers are as a voting bloc and what they think about this year's presidential election. When asked whether a presidential candidate’s endorsement of pro-cannabis policies would increase their likelihood of voting for that candidate, 59% of the respondents said: “Yes, this would make me more likely to vote for that candidate regardless of their party.” Just 14% of respondents said they are locked into voting for their party or candidate of choice. The poll was conducted by NuggMD.com, the largest telehealth platform for cannabis, using its own first-party data. The full results are available on the company’s website. It shows President Biden outperforming Donald Trump, 43% to 36%, among those who use cannabis regularly, a population of at least 35 million voting-age people. President Biden also polled well ahead of a generic Republican candidate, while Trump was roughly tied with a generic Democratic candidate. Concerning cannabis policy, the Democratic Party polled better than the GOP among this audience. Fifty-six percent of respondents said Democratic electeds have better ideas for cannabis policy, compared to 16% who said the same of Republicans. But this support is neither universal nor particularly intense. Nearly 40% of respondents indicated that they believe Democrats “want to suppress the legal use of cannabis,” while 68% said the same of Republicans. While 88% of respondents said understanding cannabis culture is a requirement for writing and passing effective cannabis legislation, 73% said elected officials in general currently lack that understanding. “This poll shows that adopting pro-cannabis policies can move more constituents into either party’s camp,” said Deb Tharp, head of legal and policy research at NuggMD. “This is a large voting population we’re talking about, and its demographics are changing quickly.” She continued: “Respondents say they’re motivated by policy commitments and wins, not by grievance politics, outrage, or red meat. The degree to which this emerging constituency is moveable, and how to move them, will probably come as a surprise to insiders of both parties. “To me, it signals that Republicans are shooting themselves in the foot by continuing to embrace the platform of prohibition. Democrats should double down on cannabis and expand their voting base by embracing full decriminalization and expungement for victims of targeted, unjust enforcement.” Methodology NuggMD.com conducted the poll digitally from March 25 to April 3 using a random sample of its first-party data. In total, 53,380 individuals were contacted and 755 completed the survey, resulting in a margin of error of 3.89% at a confidence level of 95%. Six swing states (n=120 in aggregate) were over-indexed. The full data set is available upon request. About NuggMD NuggMD is the nation's leading medical marijuana technology platform, serving patients in Arizona, California, Connecticut, Delaware, Florida, Georgia, Illinois, Iowa, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nevada, New Jersey, New Mexico, New York, Ohio, Oklahoma, Pennsylvania, Texas, Vermont, Virginia, Washington, and West Virginia. They've connected over 1,300,000 patients face-to-face with their new medical marijuana doctors via their state-of-the-art telemedicine platform. They believe every human being has the right to explore the benefits of medical cannabis and are fully committed to helping each patient explore every option in their journey to wellness. For further information, visit https://www.nuggmd.com. Contact Details Andrew Graham +1 646-385-0189 andrew.g@getnugg.com Company Website http://www.nuggmd.com

April 11, 2024 12:28 PM Eastern Daylight Time

kevin. triunfa con la primera transacción NFC de cuenta a cuenta en iPhone

kevin.

En un evento innovador destinado a trastornar el panorama de los pagos en tiendas, kevin., pionero en tecnología de pagos, ha realizado con éxito la primera transacción NFC de cuenta a cuenta en un iPhone. Vídeo de la transacción: enlace En un mundo financiero donde la conveniencia y la seguridad son primordiales, kevin. ha establecido un nuevo pináculo al ejecutar el primer pago NFC de cuenta a cuenta que no es Apple Pay en un iPhone. Este salto tecnológico sigue la presión de la Comisión Europea sobre Apple para democratizar el acceso a NFC. Esto llega después de años en los que el estricto control de Apple sobre la tecnología NFC en dispositivos iOS había sofocado la competencia de terceros. Pavel Sokolovas, cofundador de kevin., articula la magnitud de este momento: “Superar las barreras finales de los pagos NFC en dispositivos iOS representa un verdadero momento trascendental. Estamos inmensamente orgullosos de ser los primeros en proporcionar transacciones de cuenta a cuenta utilizando NFC de Apple, dando a los consumidores el poder de elegir cómo pagan.” En enero de 2022, kevin. hizo olas al habilitar este método de pago innovador para los usuarios de Android, un movimiento elogiado por su originalidad y empuje hacia un ecosistema de pagos abierto. Ahora, con los cambios regulatorios en marcha, kevin. obtuvo rápidamente la autorización bajo el Programa de Derechos NFC de Apple y se embarcó en el desarrollo en su entorno controlado. Justamente seis semanas después del lanzamiento del programa de Apple, kevin. celebró la ejecución exitosa de la transacción experimental en modo de desarrollo, preparando el escenario para lo que podría revolucionar las interacciones en el punto de venta (POS). Sokolovas delineó el viaje técnico: “Hemos estado desarrollando rigurosamente dentro del marco arquitectónico de Apple. Nuestro equipo trabajó incansablemente para integrar nuestra solución técnica de kevin. dentro de la emulación de tarjeta anfitrión (HCE) de Apple, incluyendo estándares de seguridad, validación de transacciones y mucho más para crear una experiencia sin fisuras que permita a los usuarios realizar transacciones desde sus aplicaciones bancarias o de billetera.” La Comisión Europea continúa monitoreando los comentarios de los primeros desarrolladores como kevin. mientras anticipa el inicio oficial de una implementación más amplia de NFC. Este escrutinio subraya la dedicación de la Comisión para fomentar la innovación y la competencia equitativa en la esfera de pagos móviles. Mirando hacia el futuro, la industria anticipa un aumento en soluciones de pago similares tras este éxito inicial. kevin. de hecho ha establecido un precedente dominante, prometiendo un mercado abierto donde los consumidores ya no están limitados por plataformas de pago específicas del dispositivo — una reconfiguración fundamental de cómo se realizan transacciones en todo el mundo. kevin. es una empresa de tecnología visionaria que está reformando los sistemas de pagos para las necesidades del mañana. Desde sus oficinas centrales en Europa hasta la reciente expansión en el bullicioso centro financiero de Dubái, la misión de kevin. ha sido consistente: ofrecer tecnología de punta a punta confiable y ahorros significativos en tarifas por transacción sin cambiar la forma en que las personas pagan. La introducción de su red de aceptación de pagos multiarrendataria y agnóstica de la marca marca un cambio significativo para consumidores y empresas por igual, otorgando autonomía y valor sin los impedimentos de la tecnología heredada. Descargar: logotipo de Kevin, imagen de Pavel Sokolovas y vídeo de la transacción de iOS: enlace - termina - Acerca de kevin. kevin. es una empresa de tecnología pionera con la misión de revolucionar los sistemas de pagos heredados. Con una infraestructura recién construida, kevin. hace que las transacciones sean más eficientes, seguras y convenientes tanto para ventas digitales como físicas. La red de aceptación de pagos multiarrendataria de la compañía es de etiqueta blanca, agnóstica de la marca y sin intermediarios, ofreciendo a los socios el control completo de sus procesos de pago en tienda. Esto les permite desbloquear un valor mayor a través de nuevos servicios, tasas de conversión mejoradas y lealtad de clientes reforzada. La red de kevin. redefine los pagos internacionales, asegurando una infraestructura de pago NFC de cuenta a cuenta segura y sin fisuras para terminales POS en todo el mundo. Esta innovación ofrece una experiencia de 'tap and go', compatible con dispositivos Android y iOS, haciendo los pagos internacionales tan familiares como los locales. kevin. cuenta con el respaldo de Accel, Eurazeo y otros inversores, incluyendo OTB Ventures, Speedinvest, Open Ocean y Global Paytech Venture. Compromiso con el Ecosistema El objetivo de kevin. es empoderar a todos los jugadores en el ecosistema de pago, incluyendo bancos, billeteras digitales, minoristas y otros. La compañía permite a estas entidades lanzar sus propios esquemas independientes no tarjetas o expandir sus servicios conectándose con una red existente en la plataforma de kevin. Contact Details NettResults Relaciones Públicas Nick Leighton +1 949-478-5880 nick.leighton@nettresultsLLC.com Company Website https://www.kevin.eu/

April 11, 2024 07:50 AM Eastern Daylight Time

KME Insurance Brokerage Partners with ICON

AmeriLife

ICON, a joint venture between AIMCOR Group, LLC (“AIMCOR”) and AmeriLife Group, LLC (“AmeriLife”), announced today that it has entered into a partnership with KME Insurance Brokerage, a leading, national brokerage firm that specializes in corporate and individual disability and life insurance. Per the agreement, terms of the deal were not disclosed. “I’m excited to partner with Steve Heney and his team and look forward to a bright future for KME as part of ICON,” said Marc Verbos, president of ICON. “This partnership further highlights our vision and dedication to create a platform that combines expertise, resources and innovation to offer value to our affiliates. KME's knowledge of the disability market strengthens our overall capabilities and enables our affiliates to broaden the range of services they offer their agents, allowing them to have a greater impact on the lives of their clients." Founded in 2007 and headquartered in Chicago, KME was built to serve and grow the businesses of employee benefit firms and independent producers to assist their clients with disability and life insurance protection. With more than 100 years of combined industry experience, KME’s in-house experts provide comprehensive support, including point-of-sale assistance, benefits implementation, case manager coordination, underwriting assistance and post-issue client administration. The team’s hands-on approach and deep product knowledge have helped the firm earn a strong reputation for excellence in service, which has been a major engine for its growth and persistency. “The KME Team is excited to partner with ICON,” said Heney, principal of KME. “This collaboration will allow us to expand our footprint and further educate producers on the importance of income protection and life insurance. This partnership will not only enhance our services, but also provide our producers with even more valuable resources and support.” As part of ICON, KME will gain access to new life insurance and annuity products, among other leading resources, and become a part of a rapidly expanding AmeriLife Wealth Group, which aims to deliver best-in-class services to the modern agent and financial professional to ensure their clients – no matter their stage of life – never outgrow them. “Continuing to add to ICON’s strong, diverse roster of partners is a crucial piece of AmeriLife Wealth Group’s long-term strategy to transform wealth distribution,” added Mike Vietri, Chief Distribution Officer of AmeriLife Wealth Group. “I’m thrilled to welcome Steve to our growing platform and look forward to watching his business grow and thrive under Marc’s leadership.” ### About KME Insurance Brokerage Founded in 2007, KME Insurance Brokerage specializes in both disability and life insurance to assist benefit consultants and independent producers with their clients’ needs. KME’s experts’ combined 100-plus years of experience is a testament to its knowledge and relationships within the industry, providing unparalleled results for its affiliated brokers. For more information, visit KMEIns.com. About ICON ICON (“AIMCOR Consolidated LLC”) is a joint venture between AIMCOR Group, LLC and AmeriLife Group, LLC. By combining the power of a premier national marketing organization (“NMO”) with capital resources, ICON offers brokerage distributors access to innovative technology, a multi-product platform and a robust suite of centralized shared services to better scale their business, protect their legacy, and enhance their service offerings. As part of ICON, affiliates not only benefit from access to resources and distribution, they join a community that allows them to maximize their entrepreneurial spirit and drive innovation, be at the forefront of transformation, take a long-term view, and most importantly make a greater impact on the lives of their team, their agency, and their communities. For more information, visit icon-ac.com, and follow ICON on LinkedIn. About AmeriLife AmeriLife’s strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as the leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For more than 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers served through a distribution network of over 300,000 insurance agents and financial professionals and more than 100 marketing organizations and insurance agency locations nationwide. For more information, visit AmeriLife.com, and follow AmeriLife on Facebook and LinkedIn. Contact Details AmeriLife | Media Jeff Maldonado media@amerilife.com ICON | Media Mike English menglish@icon-ac.com Partnership Inquiries Patrick Nichols corporatedevelopment@amerilife.com Company Website https://amerilife.com/

April 10, 2024 10:00 AM Eastern Daylight Time

Annette Clayton Joins Flash Board of Directors

Flash Parking

Flash, the leading digital ecosystem provider connecting drivers to parking and EV charging experiences, today announced Annette Clayton, chairwoman and former CEO of Schneider Electric, has joined the company’s board of directors. Ms. Clayton has decades of automotive, technology and energy industry experience and brings an extensive track record guiding corporate strategy and operations for growth companies and pioneering startups. “We are incredibly fortunate to welcome Annette to our board of directors,” said Dan Sharplin, Flash’s CEO and Chairman. “She is an accomplished leader who has dedicated her career to companies that are transforming their respective industries, and her talents and expertise will be invaluable to our next chapter of growth, particularly when it comes to meeting the needs of modern drivers through the next wave of EV adoption.” Ms. Clayton joins Flash’s board of directors after recently concluding her tenure as CEO of Schneider Electric North America. During that time, Ms. Clayton led business strategy for the region, representing 30,000 employees and sales of more than $11 billion in fiscal year 2022. “Working with innovators like Flash that reimagine an industry is the work I love,” said Ms. Clayton regarding her appointment. “I have followed Flash’s evolution from its startup days and think the current moment is among its most exciting – Flash has done the heavy lifting and is poised to bring all the players together to set the new standard for a first-of-its-kind digital ecosystem.” Ms. Clayton currently serves on the public boards of Duke Energy, NXP Semiconductors, Oshkosh Corporation and Nordson Corporation. Ms. Clayton’s prior board service includes National Electrical Manufacturers Association, National Association of Manufacturers and many of Schneider Electric’s Energy-as-a-Service joint ventures. She was also a member of Rewiring America’s CEO’s for Electrification coalition for business leaders. Prior to Schneider Electric, she served in senior management roles for Dell, where she led the transformation of its global supply chain and fulfillment model, and General Motors Corporation, including president of Saturn Corporation, where she oversaw strategic direction, financial accountability, and profitability. Ms. Clayton holds a bachelor’s degree in general engineering from Wright State University, a master’s degree in engineering management from the University of Dayton and has completed the London Business School executive development program. About Flash Flash is a pioneering technology company bringing seamless parking and EV charging experiences to drivers through a first-of-its-kind digital ecosystem. Flash’s platform connects reservable parking and charging in the apps drivers use every day with garage, surface lot, event, and valet parking locations — connected and controlled via a cloud-based operating system with unrivaled intelligence. Customer-obsessed brands partner with Flash to deliver digital, easy-to-use, reliable, and increasingly frictionless experiences to drivers eager to pay for a solution that eliminates wasted time, excess emissions, and stress from driving. The solution has arrived. Visit www.flashparking.com to learn more. Contact Details Flash Parking Ray Young +1 512-694-6097 ray@razorsharppr.com Company Website https://www.flashparking.com/

April 04, 2024 03:00 PM Eastern Daylight Time

ARway.ai sees positive results from deployment of AR wayfinding at campus of Brandenburg University

ARway.ai

ARway.ai Chief Product Officer Shadnam Khan joined Steve Darling from Proactive to unveil the successful deployment of an innovative AR navigation system within the 5G campus network built by Deutsche Telekom AG at the Brandenburg University of Applied Sciences campus in Germany. The fully funded partnership with the Brandenburg University of Applied Sciences and its prestigious institute ifii (Institute for Innovation and Information Management), originally announced in October 2023, revolutionizes the way faculty and visitors experience the university campus. It provides a seamless and intuitive AR experience and AR-powered navigation. As part of their 2024 roadmap, the university will implement, evaluate, and publish research on over 20 different use cases with ARway's technology, highlighting the depth of this collaboration. Khan emphasized that a significant number of master's students are conducting their theses on AR, leveraging the new system for their research. This academic involvement underscores the system's role not only as a navigational tool but also as a platform for academic and technological exploration. The company anticipates that this project will set new standards for digital campus experiences and open new pathways for the application of AR and 5G technologies in various sectors. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

April 03, 2024 10:14 AM Eastern Daylight Time

Video

Ukrainian critical minerals for British technologies: BGV presented Ukraine's mining potential in London

BGV Group Management

On March 26, one of the largest investment companies in Ukraine - BGV Group Management presented at the highest level in London opportunities for cooperation with Ukraine in the field of mining. BGV’s founder, Gennadii Butkevych, as well as its management team were invited to join British parliamentarians, members of the House of Lords and state ministers to participate in an official event on investment in Ukraine, which took place in the Houses of Parliament. The purpose of the meeting was to discuss British-Ukrainian partnership in the field of critical minerals mining, which will help the United Kingdom to develop advanced technologies and promote the transition to clean energy. The event was attended by Lord Martin Callanan - Under Secretary for Energy Efficiency and Green Investment at the Department for Energy Security and Net Zero, and Bob Seely MP. Representatives of Ukrainian business were also present. In its speech, the BGV team noted three main areas of development in the British-Ukrainian bilateral partnership: FAMILIARIZATION WITH THE MINING POTENTIAL OF UKRAINE Ukraine has all the prerequisites to become one of Britain’s main suppliers of critical minerals crucial for advanced technologies and the green energy transition. 117+ types of minerals have been discovered across Ukraine’s rich subsoil. In particular, the country has reserves of 22 out of 30 raw materials resources that have been identified as critical by the EU. Ukrainian lands have significant deposits of beryllium, zirconium, titanium, rare earths and others, and graphite reserves in Ukraine are among the largest in the world. Many Ukrainian deposits are located on Europe’s doorstep, which provides profitable logistics with low transport costs. INSURANCE OF RISKS War risks insurance is currently an extremely necessary tool for protecting foreign investments in Ukraine. In 2023, Britain set an example to the whole world by unlocking insurance coverage for exporters of Ukrainian grain through the Ukrainian Black Sea corridor. Private British investments in the Ukrainian economy, in particular in raw materials projects, also need a similar effective insurance mechanism. The Multilateral Investment Guarantee Agency (MIGA) has already started to provide war risks insurance guarantees in Ukraine from the Trust Fund for the Support of the Reconstruction and Economy of Ukraine. Opportunities for trade insurance in Ukraine and investments in local projects are also provided by America (USDFC and USAID), Japan (NEXI), Poland (Kuke), Germany (administered by PricewaterhouseCoopers) and others. INVESTMENTS IN MINING The BGV team called on British business to increase investment activity within the mining industry in Ukraine. During his speech in the Houses of Parliament, Serhii Voitsekhovskyi emphasized that BGV is ready to become a reliable partner of British investors and companies in the field of critical minerals. BGV Group and Gennadii Butkevych as its founder have already invested more than 100 million dollars in Ukrainian mining projects in 8 years to help Ukraine emerge as a leader in global critical minerals. In particular, two main mining projects of BGV Group Management were presented at the event. THE BALAKHIV PROJECT, the BGV team has currently completed all laboratory and pilot tests of graphite, which is widely used in battery production, identified the enrichment technology and is designing a production complex. In 2025, the company plans to start construction of one of the largest graphite production complexes in Europe, the potential capacity of which will be 50 thousand tons of high-quality graphite concentrate per year, of which 19 thousand tons are suitable for the production of spherical graphite. This, the company’s experts note, will cover a significant part of the EU market needs. PERZHANSK COMPLEX BERYLLIUM DEPOSIT, Serhii Voitsekhovskyi also presented to the participants of the meeting details of BGV’s hydrometallurgical tests and assessment of reserves according to international standards. Next year, in 2025, the BGV team plans to complete work on the preliminary feasibility study (PFS) for the search of potential strategic investors for the project. In conclusion, the representatives of Gennadii Butkevych's BGV investment group emphasized that cooperation with Ukraine in the field of critical minerals can provide Britain with a powerful raw material base for the development of a number of technologies and innovations in medicine, the automotive industry, computer technologies, lasers, navigation, telecommunications devices, the aerospace industry and many others. What is no less important: it will also help to avoid raw material dependence of European countries on Chinese critical minerals. The event was organized by CEO Club and Bob Seely MP. Contact Details BGV Group Management Press Contact +380 44 277 1430 press@bgv.com.ua

April 03, 2024 02:54 AM Eastern Daylight Time

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