News Release
North Bay Resources Announces Successful Initial Testing of Bishop Gold Mill Equipment
North Bay Resources Inc
North Bay Resources CEO Jared Lazerson joined Steve Darling from Proactive to announce the successful completion of the initial power-up and testing phase for the equipment at the Bishop Gold Mill. The tested equipment includes a jaw crusher, ball mill, shaker table, flotation tanks, as well as the associated conveyors and ancillary equipment. All components powered up successfully and are confirmed to be in excellent working order. During the conversation, Lazerson noted that the ball mill bushings are set to be replaced soon to ensure continuous operation. Although the mill was permitted for operation starting in 2019, it has remained inactive until now, resulting in very low operational hours for the equipment which remains in nearly new condition. This includes all wiring, plumbing, and associated fixtures in the mill building and the tailings pond. Furthermore, the company is currently in negotiations to secure feedstock for the mill. They have targeted an initial purchase of 10,000 tons of ore, grading one ounce of gold per ton, which would provide approximately three months of feedstock. This acquisition is projected to yield about 8,500 ounces of gold, assuming an 85% recovery rate, which could potentially generate $20 million in gold revenue at current market prices. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com
May 07, 2024 02:55 PM Eastern Daylight Time
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Benchmark International Has Successfully Facilitated the Transaction Between Curie Environmental Services, LLC and Tradebe Environmental Services, LLC
Benchmark International
Benchmark is pleased to announce the transaction between Curie Environmental Services, LLC and Tradebe Environmental Services, LLC. This move was driven by the vision of strategic expansion and the significant value that Curie Environmental Services, LLC brings. Curie Environmental Services, LLC, a pioneer in recycling radioactive materials, operates a unique mail-back program for ionizing smoke alarms, exit signs, and other recyclable radioactive materials. Established in 2010, the company's collection facility in Albuquerque, NM, serves clients across all 50 US states and internationally. Tradebe Environmental Services, LLC operates a network of facilities across the US, comprising multiple RCRA Part B TSDFs, a Type I Industrial Solid Waste Landfill, an oil recycling facility, and regional service centers strategically located throughout the country. Tradebe maintains a dedicated transportation fleet to meet its clients' diverse transport requirements. With this acquisition, Tradebe's service portfolio expands its reach into radiological services and geographically expands its offerings to the western region. With these expanded capabilities, Tradebe gains substantial experience and technical expertise from the Curie team. Curie's commitment to promoting recycling aligns with Tradebe's focus on sustainable waste management. As a global business dedicated to this cause, Tradebe prioritizes the greenest solutions possible, strongly emphasizing recycling and recovery. The company successfully recycles 60% of the waste stream it processes. “Curie’s services are niche and required a buyer which had the organizational alignment and depth to integrate the radioactive management services into their own industry offerings. It was not a quick sale, but the Benchmark team never tired. Their excellent marketing brought ten offers, and the match with Tradebe was the winner.”- Christie Logan, Curie Environmental Services, LLC "This deal was the prime example of a seller finding their perfect buyer. The strategic and cultural fit between both parties was unmatched. Both the buyer and seller were a pleasure to work with throughout the process, and we wish them nothing but the best moving forward."- Transaction Associate Haden Buckman, Benchmark International Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com ABOUT BENCHMARK INTERNATIONAL: Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive Privately-held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables. Contact Details Brittney Zoeller +1 813-898-2350 zoeller@benchmarkintl.com Company Website https://www.benchmarkintl.com/
May 07, 2024 02:54 PM Eastern Daylight Time
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News Release
Bitcoin Bull Trap Looms: BTC at Risk, Investors Choose Ondo and Low Cap Crypto Raboo
Total Media
The landscape of low cap crypto is known for its volatility and potential for substantial gains, drawing investors keen on discovering the next big winner. As the market evolves, understanding the dynamics of bull traps—situations where a declining trend appears to reverse but then continues to drop—becomes crucial. In this environment, Raboo emerges as a promising contender. Its recent presale success and unique approach in the meme coin sector offer a refreshing alternative to the typical pitfalls of speculative investments. Bitcoin (BTC): The Gold Standard of Cryptocurrency Bitcoin (BTC), the original cryptocurrency, remains a dominant force in the digital currency market. Known for its decentralized nature and pioneering blockchain technology, Bitcoin has set the standard for security and transparency, influencing countless other cryptocurrencies. As a store of value, often referred to as 'digital gold,' Bitcoin's appeal lies in its scarcity and widespread recognition. However, Bitcoin's position as a high cap crypto also makes Bitcoin susceptible to significant price fluctuations, which can resemble a bull trap scenario where investors might buy during a temporary price increase only to see values drop suddenly. This might drive investors towards more agile and cost-effective low cap crypto alternatives to Bitcoin in the rapidly evolving market. Ondo (ONDO): A Newcomer in Decentralized Finance Ondo Finance offers decentralized finance (DeFi) services that aim to lower the barriers to institutional access to decentralized liquidity pools, fostering a bridge between traditional finance and DeFi. With Ondo's innovative approach, Ondo facilitates a variety of investment strategies that cater to different risk tolerances, aiming to enhance the efficiency and accessibility of crypto investments. Despite these innovations, Ondo, as a low cap crypto, faces considerable risks. The complexities and relatively untested nature of DeFi can lead to significant challenges, including the risk of smart contract vulnerabilities and regulatory uncertainties. Moreover, during volatile market periods, the price of ONDO might experience sudden and sharp declines that could resemble bull trap price actions. Raboo (RABT): Navigating the Waters of Low Cap Crypto Raboo is redefining the low cap crypto landscape with a presale success that swiftly pushed its value to $0.0042, highlighting strong investor confidence. Already garnering over $1 million, Raboo stands out through its innovative integration of AI technology and SocialFi elements, which significantly enhance user engagement and provide financial incentives within its ecosystem. This strategic combination not only entertains but also monetizes user participation through creative meme creation. Raboo's approach sets it apart as a significant contender in the evolving crypto market, aiming to attract a broader audience with its unique blend of technology and community-driven incentives, promising a new era of digital interaction and economic opportunity. Raboo as a Solid Bet Amidst Low Cap Crypto In a market rife with uncertainty and the ever-present risk of bull traps, Raboo demonstrates robust market confidence and establishes itself as a leading investment in the low cap crypto category. Unlike many fleeting trends susceptible to sudden downturns, Raboo's integration of AI with SocialFi dynamics presents a sustainable growth model. This makes Raboo the preferred choice for investors looking to capitalize on innovative cryptocurrencies with tangible community engagement and real-world utility, positioning it as a top contender for enduring value. You can participate in the Raboo presale here. Contact Details Total Media Solutions media@Totalsolutionspr.io
May 07, 2024 02:41 PM Eastern Daylight Time
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News Release
Norsk Titanium Secures Direct Supply Agreement with Boeing, Achieves Strong Growth Milestones
Norsk Titanium AS
Norsk Titanium Vice President, Commercial Nick Mayer joined Steve Darling from Proactive to announce a significant agreement with The Boeing Company, marking a milestone in the company's aerospace-grade structural titanium components manufacturing. Mayer revealed that Norsk Titanium has signed a substantial agreement to directly supply parts to Boeing, solidifying a direct supplier relationship between the two entities. This agreement positions Norsk Titanium as a Tier-1 supplier within Boeing's procurement system, allowing for direct deliveries to Boeing later this year. The deal is expected to provide hundreds of structural components to Boeing through 2025. In addition to the Boeing agreement, Norsk Titanium has recently secured a Master Supply Agreement with Airbus Aerostructures, underscoring its expansion strategy. The company's operational and financial update reflects promising growth, with 21 parts in serial production across multiple customers, resulting in annual recurring revenue of approximately US$6 million. Anticipated expansions are forecasted to elevate revenue to US$50 million by the end of 2024, laying the foundation for a longer-term revenue target of US$150 million by 2026. To support its growth initiatives, Norsk Titanium has successfully completed a private placement of $25 million in an oversubscribed process, providing additional capital for expansion and development. With these significant milestones and robust growth projections, Norsk Titanium is poised for continued success and leadership in the aerospace industry. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com
May 07, 2024 02:30 PM Eastern Daylight Time
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Celebrate Mom in Style: Fashionable Finds for Mother's Day
YourUpdateTV
With Mother's Day just around the corner, it's time to celebrate the special women in our lives with gifts that blend comfort and style. Recently, Lifestyle Expert, Carmen Ordonez conducted a satellite media tour to make that dream come true and offer some valuable insights and inspiration for celebrating Mother's Day in style. A video accompanying this announcement is available at: https://youtu.be/lYF0J5Uf05Y A keen understanding of her personal style and daily requirements is the first step. For mothers who enjoy staying active, opting for versatile activewear that blends comfort with functionality is ideal. Stretchy yoga sets are a great choice as they are suitable for both exercise and casual outings. If relaxation tops her list, luxurious loungewear that combines soft, breathable materials with chic designs might be the way to go. It's also worth noting that clothing items capable of transitioning from home to a quick errand are quite popular currently. SHEIN offers some fantastic options that cater perfectly to a mom’s need for comfort and style. SHEIN stands out as a remarkable option that meets a mom's needs for both comfort and style. The brand is celebrated for its wide variety, staying current with fashion trends and offering everything from basic essentials to standout pieces perfect for Mother’s Day. SHEIN’s affordability means that shoppers can find something uniquely special without breaking the bank. Their user-friendly app enhances the shopping experience, contributing to its status as one of the most downloaded fashion apps. Take their loungewear set —it includes a stylish tank top, a snuggly coat, and comfy pants. This set is not only perfect for lounging around the house but also stylish enough for running errands. It's available in seven beautiful colors, providing options to suit any mom's taste. Additionally, their two-piece seamless yoga set, with a ribbed knit tank and tummy control shorts, is another great choice. The material is thick and stretchy, offering comfort and style that’s ideal for both indoor relaxation and outdoor activities. And is available in a wide range of colors. With Mother’s Day approaching, it’s also fun to think about special occasions and parties. SHEIN has the perfect outfit to make any mom feel dazzling. Their Clasi Women’s Patchwork Lace Pleated Hem Dress is just stunning and comes in three beautiful colors—red, pink, and black. The delicate lace and pleated hem add a sophisticated touch, making it the ideal dress for celebrating this special day. And the best part? SHEIN also offers matching outfits for tweens and kids, which means the entire family can coordinate for a truly memorable Mother’s Day. To explore these wonderful options and many more, download the SHEIN app or visit SHEIN.com. About Carmen Ordonez Carmen Ordonez is a TV Host, on-air lifestyle expert and founder of Viva Fashion and AndyO Organics. She's been featured in numerous media outlets including The New York Times, The Today Show, People Magazine and CNN to name a few. In 2015, she lost her 34 year-old husband to Stage 4 stomach cancer leaving her a widow at the age of 31 with a 2 year-old son. Today her goal is to empower other widows and widowers to live a life on purpose. Carmen is newly remarried and resides in Surfside, Florida along with her husband, son and baby girl. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com
May 07, 2024 02:20 PM Eastern Daylight Time
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Gold Basin Resources Secures Property Option Agreement for New Pass Gold Property in Nevada
Gold Basin Resource Corp
Gold Basin Resources CEO Colin Smith joined Steve Darling from Proactive to announce the signing of a property option agreement with Iconic Minerals, granting Gold Basin Resources a 50% interest in the New Pass gold property located in Nevada. This agreement encompasses 107 unpatented mineral claims. Smith elaborated on the significance of the New Pass property, noting its hosting of the Carlin-type New Pass Gold-Silver deposit. The property boasts a historical Inferred Mineral Resource of 341,750 ounces of gold equivalent, with separate estimates for gold and silver. Notably, 75% of the deposit is oxidized, making it amenable to heap leaching, as demonstrated by previous metallurgical testwork. With mineralization open in all directions, there is substantial potential for resource expansion and conversion. Situated within Nevada's prolific Sulfur-Lovestock-Austin structural gold trend, New Pass is strategically located just 75 kilometers south-southwest of the past-producing McCoy-Cove Mine, which is set to resume production under i-80 Gold Corp. Furthermore, the property benefits from an active Plan of Operations, permitting up to 25 acres of exploration-associated allowable disturbance. Smith outlined the company's plans to swiftly advance the New Pass asset in tandem with its Gold Basin Project, with a focus on conducting on-the-ground exploration activities to unlock the property's full potential. With the acquisition of the New Pass gold property, Gold Basin Resources is well-positioned to capitalize on the opportunities presented by Nevada's renowned gold-rich geological terrain and contribute to its growing portfolio of valuable mineral assets. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com
May 07, 2024 02:20 PM Eastern Daylight Time
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EDM Resources Inc. Announces No Atlantic Salmon Found in Third Season of Testing
EDM Resources Inc
EDM Resources CEO Mark Haywood joined Steve Darling from Proactive to provide an update on substantial progress the company has made regarding environmental compliance critical for the Scotia Mine's restart. The company has effectively completed three of the required four seasonal samplings of Atlantic Salmon DNA, following guidelines set by the Department of Fisheries and Oceans (DFO). Alongside these efforts, the team is conducting thorough reconnaissance to pinpoint additional potential sites for the necessary stream and river restoration. This initiative is a cornerstone of the comprehensive fish habitat offsetting strategy demanded by the DFO. During the discussion, Haywood highlighted findings from the winter season DNA tests which confirmed the absence of Atlantic Salmon in the vicinity of the Scotia Mine, a result that aligns with the company’s environmental goals and augurs well for the mine’s prospective operations. Haywood expressed optimism for similar outcomes from the forthcoming final season of testing, anticipated to further bolster the case for the mine’s operational reboot. Moreover, EDM is making strides in adhering to the DFO’s specific requirements through detailed environmental studies and the implementation of restoration projects designed to mitigate any adverse effects on fish habitats due to future mining activities at the site. These proactive environmental measures underline EDM’s commitment to sustainability and responsible mining practices. The conclusion of the last testing phase is expected in May 2024, which will mark a significant milestone towards achieving environmental and operational readiness for the Scotia Mine. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com
May 07, 2024 02:03 PM Eastern Daylight Time
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Pineapple Financial Reports Significant Growth Amid Economic Challenges
Pineapple Financial Inc
Pineapple Financial CEO Shubha Dasgupts joined Steve Darling from Proactive to announce the launch of a groundbreaking deal management system expected to propel the company's growth further. The unveiling coincides with the release of Pineapple Financial's second-quarter fiscal results for 2024, highlighting significant revenue growth and strategic expansions. The centerpiece of Pineapple Financial's growth strategy is PineappleONE, a first-of-its-kind platform designed to revolutionize broker operations in the mortgage market. PineappleONE streamlines the entire deal process, from origination to submission, providing brokers with a comprehensive view of mortgage deal details in a single interface. The system automates time-consuming tasks such as generating lender-specific notes and assembling document packages, empowering brokers to focus on client interactions and business expansion. Notably, PineappleONE is adaptive, evolving with broker behavior, recognizing preferences, and learning from actions to enhance efficiency continuously. Developed by Pineapple's award-winning technology team, PineappleONE is poised to drive revenue growth through accelerated deal submissions and improved acceptance rates. Dasgupts highlighted Pineapple Financial's strong second-quarter performance, with a remarkable 59.04% year-over-year increase in revenue to $784,869. Residential mortgage loans also grew by 17.6% during the same period, reaching $314.963 million. Despite a 33.3% increase in selling, general, and administrative expenses attributed to expansion and traveling costs, the company managed to reduce its net loss by 4% to $657,456 compared to the second quarter of 2023. Pineapple Financial reported a robust cash position of $1,339,618 as of February 29, 2024, reflecting an increase of $159,642 compared to the previous year. Furthermore, Pineapple Financial expanded its operations by opening offices in metro Vancouver, Ottawa, Winnipeg, and Alberta during the quarter. Additionally, the company enhanced its service offerings with an improved online mortgage application for brokers and custom advertising banner management software aimed at enhancing lead conversion. With PineappleONE's launch and strong fiscal performance, Pineapple Financial is well-positioned for continued growth and innovation in the mortgage market, solidifying its position as a leader in the industry. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com
May 07, 2024 01:35 PM Eastern Daylight Time
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Debt.com Honored Top TikTok Financial Creators in April for Financial Literacy Month
Debt.com
While TikTok enthusiasts convene at the Capitol in Washington and lawmakers strive to enact a nationwide ban on the beloved app, Debt.com is focusing on acknowledging and honoring the finest financial content creators. The subset of the app known as #FinTok has more than 4.5 billion views and is a popular outlet for advice. The dark side is that it contains misleading information that could land people in financial or legal trouble. For the second year in a row to help filter through the noise, Debt.com recognizes creators providing practical and actionable financial guidance. “The FinTok Awards shines a spotlight on the valuable contributions of creators who empower users with trustworthy financial guidance in an increasingly digital world”. “Unlike many other award programs, there are no fees associated with being nominated. Our award program is solely talent and knowledge based.” Don Silvestri President of Debt.com One of last year’s winners, Markia Brown, AFC from @theMoneyPlug says “Winning the award from a well-known and respected organization such as Debt.com showed me and the world that my dedication to providing accessible credit literacy content makes a difference, and that accurate and accessible financial literacy content can be found online.” Brown extolled, “I make a difference. That award inspired me to expand my knowledge beyond credit, and a few months later, I earned my Accredited Financial Counselor designation through the Association for Financial Counseling & Planning Education®.” The public is asked to cast their votes and select their favorite creators from the list of nominees in each category: Best Personal Finance Education Michela Allocca Patrick Di Cesare @basicfinancialliteracy John Liang Jenny Park Best Financial Education for Under 30 Neelima Pradhan Melissa Jean-Baptiste Danny Penev Lillian Zhang Best Credit Education Ashley @ashallaboutmoney Alisa Glutz Shonda Martin Josh and Chris Steil Best Hispanic-Focused Money Information Kassandra Brambila Daliz Hernandez Katherine Perez Juan Sanchez Best Debt Payoff Information Allison Baggerly Becca Bergmann Brad Nelson Cheryl Vallejo Winners receive an official Debt.com FinTok 2024 Award and have a feature story and video posted on Debt.com. The contest is now open, and winners will be announced at the end of April for Financial Literacy Month. SOURCE Debt.com Debt.com is a resource that offers consumers education, self-help guides, professional solutions, and more. On Debt.com, consumers can find expert money advice–how to make it, how to save it, and how to spend it. They also assist consumers by matching them with the perfect debt-solution company for their situation and making sure they are happy with the results. Debt.com has been featured in the Washington Post, Yahoo! Finance, Forbes, and more, making them a pillar of the debt relief industry. Contact Details Debt.com Jill Randolph JRandolph@mediamgmtgroup.com Company Website https://www.debt.com/
May 07, 2024 01:06 PM Eastern Daylight Time
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