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The Role of Energy Sector ETF XLE in Portfolio Diversification

Select Sector SPDR

The global economy, including the United States, operates on energy, with petroleum and the price of oil playing a pivotal role. This reality underscores the importance of the energy sector in a diversified investment portfolio. Despite the growing traction of renewable energy, the undeniable fact remains that many goods and services rely on fossil fuels for transportation. The Energy Select Sector SPDR Fund ( XLE ), an Exchange Traded Fund (ETF), offers an affordable and straightforward way to diversify your portfolio with exposure to the energy sector. With over $37 billion in assets under management and a low total expense ratio of 0.10%*, XLE provides easy access to this crucial sector. The fund's largest holdings** are Exxon Mobil and Chevron, accounting for 40% of the ETF. Both of these companies have significant renewable operations, demonstrating the transition towards cleaner energy. However, the global economy continues to be driven by oil and natural gas, making them vital considerations for investors. Besides these two energy giants, other key holdings include EOG Resources (4.80%), ConocoPhillips (4.58%), and Marathon Petroleum (4.55%). These companies represent a mix of fossil fuel sources, renewable energy sources, and energy service providers, further broadening the sector exposure. Navigating the Volatility of the Energy Sector with XLE In addition to oil, XLE also provides exposure to the natural gas industry. Many companies in XLE’s holdings, such as Exxon Mobil, operate natural gas units. The demand dynamics for natural gas differ from oil, often influenced by weather conditions, reinforcing the need for exposure to both oil and natural gas in an energy-focused portfolio. XLE is actively traded, with an average daily trading volume of 20 million shares in 2023. It pulls its stocks from the S&P 500, favoring large-cap companies. Holdings are weighted by market cap and subject to a capping methodology that ensures no single security exceeds 25% at each quarterly rebalance. The energy sector can be volatile, but its importance to the economy remains steady. Using an ETF like XLE allows for broad exposure to ride out the highs and lows of companies in the sector. Ignoring this sector could mean missing a potential driver of the global economy that investors can capitalize on. Investing in a fund like XLE offers equity exposure to these industries. Balancing a portfolio with an energy component is important for diversification and it can be straightforward with an energy sector ETF like XLE. Recognizing the crucial role of energy in the world economy should be a key investor consideration. XLE offers targeted exposure to U.S. energy firms and provides a simple way to add an energy sleeve to your diversified portfolio. 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. *Ordinary brokerage fees apply **Holdings, Weightings & Assets as of 11/30/23 subject to change 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. SEL007119 EXP 1/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

December 22, 2023 06:00 AM Eastern Standard Time

Common Casino Myths and Superstitions in the UK

Acroud Media

Most casino myths and superstitions harmless, but some can lead to players making bad decisions and landing themselves in big trouble. To try and stop you from making these same mistakes, we’ve gone through some of the most common casino myths and superstitions and debunked them! Myth #1: Online casinos are rigged Unsurprisingly, this is the most common myth about online casinos. When your luck takes a bad turn, you’ll be tempted to blame it on cheating or malicious unseen entities, but that’s simply not true. Most online casinos are licensed by trusted regulation bodies like the MGA, KGC and UKGC, who all hold online casinos to strict fairness standards. Some, like the KGC, even require licensees to submit to independent fairness and RNG (random number generation) testing to prove their games aren’t rigged. If you’re feeling scorned by an online casino, check for that seal of fairness guarantee before you start throwing blame around. Popular fairness testers include eCOGRA, iTech Labs and GLI. Myth #2: You can beat the house edge It may sound a little weird, but when playing at casinos, it’s important to remember that in the long run, not all players can win. It’s mathematically impossible. This is because of a little thing called the house edge. The house edge is the concrete advantage a casino has in games to ensure it turns a profit for purposes of paying staff, renting games, domain and security costs, etc. In online gambling, we sometimes refer to this as payout percentage or RTP, but it’s all the same thing. And you cannot beat it. Understanding house edge and working around it to your advantage is possible. But, when the chips are down, there is no way to beat it completely. It is important to note that this also applies to brick and mortar casinos. Myth #3: You can tell when a slot machine is about to pay out. You see many renditions of this one, and they’re usually nonsense or outright scams. Slots are designed to be random, so you can’t tell when they will or won’t pay out. The human brain is designed to find patterns whether they exist or not, so it’s only natural that we’d become convinced slot machines are predictable. But the truth is simply that they aren’t. Slots run on random number generators specifically to avoid these patterns and are regularly tested to make sure they stay that way. This ensures fairness on both the house and the player's parts. Therefore, don’t get hung up on a slot waiting for it to finally pay out because “you can tell it’s about to happen.” And steer clear of anyone trying to convince you otherwise. If you are a big slot fan check out the best free slot no deposit offers here. Myth #4: Don’t use a player's card to track your winnings. You’ll often see people warning against using a player's card when gambling because they claim casinos track your progress and tighten the odds when you start winning too much. This is false. Player’s cards are tools casinos use to track a player’s casino activity; this much is true. However, this isn’t to keep players from getting payouts but to tally loyalty points and offer appropriate rewards and promotions. Not using your player's card could cause you to lose out on fantastic perks, thanks to superstitious anxiety. If you need proof, look at online casinos. By their nature, you can’t play at an online casino without a trackable account. Yet, many players still win money online. Myth #5: Never cross your legs at the casino Here’s a light-hearted superstition. While crossing your fingers is a symbol of good luck, crossing your legs is the opposite. Some people believe that crossing your legs “crosses out” good luck and causes you to lose more. Obviously, this is just superstition, like black cats and broken mirrors. There’s zero evidence that crossing your legs impacts your chances of winning. However, this one is entirely harmless. So, like wearing lucky socks or blowing on your dice, if it makes you happy, go for it. Myth #6: Never talk about bad luck at the casino We see this everywhere. In the theatre, you say break a leg, you never mention rain on your wedding day, and you don’t talk about bad luck at a casino. You’ve probably heard some form of warding against jinxes; the idea that mentioning something you don’t want to happen makes it more likely to happen. There’s little need for me to tell you this is just a myth, but it might get you a few stink eyes if you mention it. Either way, it’s better to stay positive even when your luck does take a downturn. We gamble to have fun, not to win, and talking about bad luck will just bring you down. Myth #7: Always bet the same amount In a way, this one makes sense. When trying to keep your odds from fluctuating, you want to keep as many variables steady as possible. But this isn’t a variable that will affect anything other than your wallet. The amount you bet is purely incidental to the outcome of the game. In fact, you probably should vary how much you bet depending on the game, the wager and your bankroll. Myth #8: Never leave a winning table Just because you or others have been winning big at a table doesn’t mean anything. Winning once doesn’t mean you’re going to win again, and in fact, it might just pull you into a dangerous thought process where you’re convinced any losses will quickly come back. A table is a table, and luck comes and goes regardless of it. If you need to leave a table, do so. If you’re enjoying yourself and have enough money to keep going, stay. It’s as simple as that. Myth #9: Never count your money at the table This is like counting your chickens before your eggs have hatched. Some people believe it’s bad luck to focus too much on your numbers, once again jinxing progress and all that. Of course, this is just another myth and bad practice to boot. We actively recommend keeping track of your money as you play so you can follow your winnings and losses and avoid going over budget. Myth #10: You should always chase your losses We left the most important one for last. This is the myth that leads to gambling problems and overspending. As we’ve already discussed, you can’t concretely win at a casino. The house always wins in the long run, and chasing your losses will just lead to you losing more. If you’re losing money at an uncomfortable rate, the best thing to do is to stop and walk away. It can be useful to have someone with you to help enforce this mindset if you struggle with it, and strict budgets are good, too. Conclusion Gambling and casinos are about the thrill of risk and having fun; don’t let these myths and superstitions hold you back from that! Some are harmless, sure, but remembering that they’re all untrue can help you have a good time in the long run. Always stay informed and level-headed while playing, and you shouldn’t run into any issues. Most of these myths apply to brick and mortar casinos, if you would prefer to play table games in the comfort of your own home, check out the best live casinos UK, learn more here. Contact Details Acroud Media info-media@acroudmedia.com

December 22, 2023 03:00 AM Eastern Standard Time

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BingX hints the launch of Seraph (SRF) Coin as it shifts it's attention to WEB3 games and Gamefi

BingX

SINGAPORE - Media OutReach Newswire - 22 December 2023 - BingX, a top copytrading cryptocurrency exchange, is thrilled to announce the possible upcoming listing of Seraph Coin, the native token of the groundbreaking Web3 game Seraph. This listing marks a significant milestone for BingX, as it continues to expand its portfolio with innovative digital assets that are at the forefront of blockchain technology and gaming. Embracing the Future of Blockchain Gaming with Seraph Coin The world of blockchain gaming is evolving rapidly, and BingX is at the helm of this transformation. By listing SRF Coin, BingX is not just offering a new digital asset to its users; it is opening the door to the future of gaming. 'Seraph', developed by the esteemed South Korean game development company Actoz Soft, is a testament to the potential of combining traditional gaming experiences with blockchain technology. Traders can also be assured that BingX will be the first few exchanges to live Seraph Coin Trading Pair once it's launched. Seraph - A Web3 Game Setting New Standards Seraph stands out in the blockchain gaming sector for its user-friendly approach, mirroring the ease and playability of Web2 games. The game, reminiscent of the classic PC game Diablo, offers an accessible entry point into Web3 gaming, making it an attractive option for both seasoned gamers and newcomers to the blockchain world. With its NFT integration and unique token mechanics, Seraph is set to redefine what it means to play and invest in a blockchain game. Seraph Coin ($SRF) will be integral to the Seraph gaming experience. It is used for various in-game transactions, including minting NFTs, purchasing equipment, and determining the rarity of NFT drops. The introduction of Seraph Coin addresses the challenges faced by earlier blockchain games, offering a more sustainable and engaging economic model. This token is not just a currency; it's a key to a new world of gaming possibilities. About BingX BingX is a leading cryptocurrency exchange offering spot, derivatives, grid, and copy trading services to users in over 100 countries and regions worldwide. With a user base of over 5 million, BingX facilitates connections between users, expert traders, and the platform itself in a secure and innovative manner. Track top cryptocurrency prices like Sol price and BRC-20 Ordi on BingX simple to use PC and APP platform. Contact Details BingX Media Contact media@bingx.com

December 22, 2023 01:30 AM Eastern Standard Time

Web3 Growth Marketing Leader Addressable Completes $13.5M Raise Led by BITKRAFT

Addressable

Chainwire Addressable, Web3 growth marketing leader, announced today the successful closure of its second funding round this year, reaching a total of $13.5 million so far. The infusion of capital will enable Addressable to supercharge its Web3 Growth Suite and expand its service to new ad networks and blockchains, solidifying its status as the Web3 growth marketing category leader. This significant milestone is based on Addressable’s strong momentum in its journey toward solving the Web3 Growth problem for businesses. The funding round was led by BITKRAFT Ventures, with participation from strategic investor Karatage, joining existing investors Viola Ventures, Fabric Ventures, Mensch Capital Partners, North Island Ventures, and several other strategic investors. Addressable’s capabilities have expanded significantly, enabling the attribution of crypto wallet owners across 400,000 websites, including Bloomberg, The New York Times, and Yahoo Finance. Addressable now spans three new ad networks, including Unity, Pubmatic, and Magnite, in addition to the initial coverage of the Twitter ad network. This expansion enables Addressable to provide more comprehensive and targeted paid ad campaigns across social networks, websites, and mobile apps. Additionally, Addressable’s 1-Click SDK Installation, approved by Google and available on Google Tag Manager, simplifies the integration process for marketers, allowing for effortless tracking of website conversions, wallet connects, and blockchain conversions. Integrations with the Twitter Pixel, DSP pixels, Mixpanel, and Google Analytics further streamline conversion event tracking. “Addressable’s commitment to revolutionizing Web3 Growth remains steadfast, and it becomes even more important in the current market,” stated Tomer Sharoni, co-founder and CEO at Addressable. “We’re thrilled to lead Addressable’s new investment round. As the gaming industry continues to evolve and expand its digital footprint, it’s evident that Web3 technologies will play a crucial role in shaping the future of user engagement. Addressable’s innovative Web3 growth suite stands out as a game-changer, offering marketers powerful tools to navigate this dynamic landscape and create profitable user growth at scale. We’re excited to support Addressable’s mission to power marketers and look forward to accelerating the impact their platform already has in the gaming industry and beyond. The Addressable team distinguishes itself through its battle-tested magic in data and product development, along with a world-class track record in execution,” says Malte Barth, founding general partner at BITKRAFT Ventures. Addressable currently serves over 50 customers and has flawlessly executed over 750 campaigns and is excited to unveil enhancements that include tailored playbooks for Gaming, DeFi, Blockchain Infrastructure, Services, and Exchanges. “In the early stages of engaging Web3 gamers, targeted marketing has been key to our success. By leveraging insights from both traditional gamers and Web3 gamers, we’ve refined our approach to user acquisition. Addressable’s Web3 Growth Suite has delivered early promising results in enhancing our marketing strategies, particularly in the precise targeting of our gaming audience. The platform’s role in our marketing efforts, especially in the transition from traditional to Web3 gamer engagement, has been noteworthy. Addressable’s ability to identify and connect with potential gaming customers aligns well with our objectives, making it a valuable tool for our future gaming campaigns”, said Michael Migliero, CMO of Big Time Studios. Founded in June 2022 by Tomer Sharoni, Tomer Shlomo, and Dr. Asaf Nadler, Addressable is a testament to their profound expertise in data analytics and AI. Together, they have over 20 publications spanning blockchain, machine learning, and big data. The Addressable team comprises 24 employees, distributed across their offices in Tel Aviv, New York, London and Madrid. About Addressable Founded in June 2022 by Tomer Sharoni, Tomer Shlomo, and Dr. Asaf Nadler, Addressable is the Web3 growth marketing industry leader. Addressable allows marketers across the space to target and market directly to Web3 audiences by associating blockchain and social data, analyzing on-chain and off-chain behavior, and using big data for precise performance tracking. Contact Details Dr. Asaf Nadler anadler@addressable.io

December 21, 2023 08:56 PM Eastern Standard Time

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Streamr Announces the Start of Testnet 2 for the Decentralized Streamr Network 1.0 – Paving the Way for Next-Gen Data Broadcasting

Steamr

Chainwire After the successful launch of Testnet 1, paving the way for the upcoming Streamr Network 1.0 milestone, Streamr is excited to announce the start of Testnet 2! This second incentivized testnet, starting on 21st December and concluding on 8th January 2024, will see a reward pool of 1.5 million DATA tokens (approx. $104k USD as of 21/12/24) available for node Operators to bootstrap a next-generation decentralized data broadcast network. Key dates and rewards: Testnet 1 (completed): 5th December – 12th December (Reward Pool: 1 Million DATA ($69k)) Testnet 2: 21st December – 8th January (Reward Pool: 1.5 Million DATA ($104k)) Testnet 3: 15th January – 29th January (Reward Pool: 2.5 Million DATA ($173k)) Streamr 1.0 Official Release: February 2024 How to participate in Testnet 2 As with Testnet 1, to earn a share of the DATA rewards, participants will either need to download the latest version of the Streamr Node and become an Operator, or simply delegate their DATA tokens to a reliable Operator. An Operator’s nodes follow the protocol rule of properly forwarding messages to other connected nodes with good uptime and sufficient hardware resources to handle the traffic of the available incentivized streams. Delegators support these operations by providing liquidity in the form of DATA tokens. Stream Sponsorships are smart contracts that release funds over time to Operators (node runners). This system mirrors service level agreements (SLAs) in traditional networks, ensuring reliable data distribution. The amount of DATA tokens the Operator stakes on the Sponsorship determines the size of their share of the token flow. Read more on how the various roles fit together in this blog. Testnet 2 details Testnet 2 will be funded with 1.5 million DATA tokens ($104k). These stream Sponsorships will run until the end of Testnet 2, which finishes on 8th January 2024. Node Operator penalties will stay at the same low level as in Testnet 1. Next-gen use cases to unlock in 1.0 The 1.0 milestone marks the culmination of the 2017 roadmap, unlocking the peer-to-peer market forces between Sponsors and Operators so that distribution is paid for with the currency of the Streamr Network— DATA. This makes the Network fully decentralized, production-ready, and paves the way for the team to explore some exciting new use cases: DePIN The 1.0 release will make the Streamr Network better positioned to enhance the data broadcasting capability of Decentralized Physical Infrastructure Networks (DePINs). As DePINs move away from centralized data centers towards a network of individual contributors, the Streamr Network’s serverless, secure, and scalable design shows promise to align and offer a platform that helps DePINs to progressively decentralize their tech stack. Decentralized AI Streamr also has the potential to serve as a neutral data layer, providing AI with reliable, tamperproof access to real-time data streams. This is crucial for AI reliability, development and ensuring transparency and safety in AI operations. The Streamr Network might further be deployed in communication and coordination between AI Models. These models could gather and share real-time insights amongst each other to level up their collective intelligence. There’s a lot to be explored, and with concerns about the future dangers of AI, verifiable communication through neutral and decentralized networks such as Streamr show promise to contribute towards the mainstream adoption of AI in our everyday lives. Decentralized video streaming Behind closed doors (for now at least) Streams has been testing the scalability and stability of decentralized live video feeds. Live video streaming with a P2P protocol such as Streamr may offer a path to eliminate the need for centralized intermediaries used today to distribute content around the world. The Streamr protocol allows the live video feed consumers to become the video feed’s distribution pipeline, which could make for a more efficient, greener and scalable distribution mechanism. Earlier this year Streamr streamed the MapMetrics bitcoin live feed directly from YouTube. The team promises to have more to share on this track in the coming weeks. Get started with Testnet 2 Streamr invites users to join this journey towards a fully decentralized data economy. Users can prepare nodes to claim a share of the remaining 5 million DATA tokens and be a part of the future of decentralized real-time data. For support, feedback, and updates, users can join the Streamr Discord community, focusing on the #⁠testnet-general and #testnet-announcements channels. About Streamr Streamr is building the real-time data protocol of the decentralized web. This includes a scalable, low-latency and secure P2P Network for data broadcasting, delivery, and exchange. As part of the vision, Streamr has built The Hub—a dApp that champions open data to help DePin, AI, and Web3 builders decentralize their tech stack with real time data flows. The Streamr project was started by real-time data veterans with backgrounds in algorithmic trading and finance markets. Contact Details Mark Little, Streamr Network media@streamr.network

December 21, 2023 08:45 PM Eastern Standard Time

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HCT Showcases Remarkable Breakthrough in Crop Production and Water Use Efficiency

Prodigy Press Wire

HCT, LLC, a technology company in Scottsdale, Arizona, released empirical data exhibiting the impacts of its WaterSOLV™ Program in increasing crop production from 18 percent to as much as 60 percent by making water a better product for soils and vegetation. The innovative program treats the toxicities present in the soil and converts minerals and metals to available nutrition, breaking down biofilms and perpetuating beneficial bacteria. It also generates dissolved oxygen for the continuous chemical aerification of the soil. HCT Solutions company logo HCT’s primary brand name, HCT WaterSOLV™, was established in 2013 in proprietary chemistry. The innovative technology company expanded the utilities of its chemical technology by improving not only age-old practices but also new test methods utilized for water and soil. With extensive research and experimentation, HCT learned that addressing persisting problems in this field entails not only delving into chemistry but also considering the overall processes involved. The company then incorporated the management of soil health, sodium detoxification, assessment of soil oxygen content, and physical operability. Todd Eden, the principal and developer at HCT, stated, “Over the past six years, we’ve worked nationwide with hundreds of golf courses, nurseries, millions of acres of agriculture, most of which involve crops, most forms of irrigation, varying soils, and almost every form of water from reclaim to brine.” HCT’s research and empirical successes stem from viewing the issues analytically and prescribing the right amount of water and soil treatment solutions. These solutions allow the plants to obtain the beneficial components they must receive, which is accomplished by evaluating the physical properties of the soil and making the highly insoluble nutrients just as available to the plants as the highly toxic salts, mainly sodium, and chloride. The company’s analytical testing methods data revealed that chronic soil issues are primarily attributed to accumulated and insoluble nutrients. The percentage of available nutrition is greatly outweighed by sodium, a highly toxic salt. Therefore, converting nutrients through ion exchange, versus lowering pH, is crucial in making them permanently as soluble as sodium. The HCT Principal stated, “How this came together was truly a blessing; lowering water demand, increasing food crops, even in challenging waters and soils and for less money.” HCT's effective processes and solutions are a culmination of decades spent researching biology, corrosion, environmental variables, evaporation, heat transfer, pressure, and water saturation. This showcases its commitment to addressing industry-wide problems concerning water and soil health. The company distributes these solutions through qualified agricultural and turf dealers nationwide. Ultimately, with WaterSOLV™, stakeholders can increase efficiency and yield, all while reducing costs. The pioneering technology company actively produces informational content on its website with accompanying videos, a chronological blog, and detailed information tiles explaining the various modalities of agronomy to advance its efforts in reshaping the industry. Media Contact Name: Public Relations Email: info@hctllc.com Release ID: 846726

December 21, 2023 08:00 PM Eastern Standard Time

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Serenity Shield enters Eurasia with investment from Castrum Capital

Steamr

Chainwire Serenity Shield, a multi-chain project offering secure and confidential data storage and crypto inheritance solutions, has just received an investment from Castrum Capital, one of Turkey’s largest VC and incubators specializing in AI. Whereas both parties agree not to disclose the investment amount publicly, this partnership marks Serenity Shield’s entrance into the Turkish and CIS markets, while the project leaders tease plans for integrating AI into Serenity Shield’s StrongBox® solution. Serenity Shield StrongBox® DApp has recently received widespread recognition. This decentralized application provides a highly secure solution for storing sensitive information, such as financial or medical records, real estate documentation, and decentralized asset access keys. StrongBox® also enables families to access decentralized access easily in the unfortunate event of a member’s passing, ensuring a secure future and inheritance. Serenity Shield believes that StrongBox® holds strong potential in markets where people utilize crypto to build generational wealth. Investment from Castrum is a strategic move into the Turkish market, where 52% of adults invest in crypto, while a staggering 58% claim they do this to secure future wealth (according to KuCoin and Chainalysis reports). Joining forces, Serenity Shield and Castrum are going ahead of the needs of the Eurasian web3 users, allowing them to benefit from a range of DeFi opportunities while minimizing risks associated with using crypto as a primary wealth asset. Serenity Shield decreases uncertainty and provides a way for individuals, families, and businesses not only to safeguard decentralized asset access but also to use self-custody for storing and accessing various sensitive data points and documents. “Serenity Shield’s StrongBox® is a much-needed and anticipated solution in the Turkish market. I often hear Turkish traders, investors, and other web3 users worry about the future of their assets and families if something were to happen. We are joining forces with Serenity Shield to bring security and peace of mind to everyone investing crypto as one of the primary ways for wealth accumulation.” said Semih Basaran, Founder of Castrum Istanbul. “I hope our position and people’s trust in Castrum will positively impact Serenity Shield’s reception across Turkey and CIS as a trusted and credible solution.” Serenity Shield leaders teased that Castrum’s support is not limited to the project’s launch and entry into the Eurasian market. The company plans to leverage Castrum’s expertise in launching and accelerating AI solutions on-chain to add new AI functionalities to StrongBox®. “Our partnership with Castrum opens new possibilities for Serenity Shield's StrongBox®. We’ve seen Castrum Capital incubate some of the most successful products, and we are excited to partner with such a renowned industry player,” commented Venket Naga, the CEO of Serenity Shield. “AI has entered our lives for good, and we quickly saw many possibilities in which integrating AI into StrongBox® can positively impact user experience. At the same time, we understood the risks of AI and needed an experienced and trusted partner to ensure the security and excellence of our service. Castrum brings the level of trust and expertise we’ve been looking for. In the coming weeks, our team plans to share a detailed roadmap for the StrongBox® AI integration.” Serenity Shield and Castrum Capital have expressed that this long-term partnership strives to change how users interact with decentralized tech. The companies aim to give existing and new users peace of mind when securing their and their families’ futures while encouraging more individual investments in the web3 space. Overall, the partnership proves that self-custody is a way forward for safeguarding not only crypto but all sensitive information and data. About Serenity Shield Serenity Shield is a multi-chain solution dedicated to privacy and security. It empowers individuals and businesses to interact securely and confidently in the digital world by leveraging the power of blockchain to safeguard and protect user data. The Serenity Shield platform offers a unique and innovative way to store sensitive data and document inheritance, ensuring that legacies and digital assets live on for generations. Serenity Shield’s leading product is the StrongBox® DApp, which enables individuals to reclaim control over their data, identity, and digital assets while protecting their loved ones, families, and businesses. Learn more at serenityshield.io. About Castrum Capital Castrum Capital is a full-stack venture capital firm inspired by the Roman spirit. They aim to invest, mentor, and empower crypto-related startups with this spirit. Castrum Capital has deep and extensive connections in crypto and enterprises worldwide, taking deep dives into tokenomics, technical architecture, and product design. Castrum Capital provides technical, marketing, community, and partnership support for early-stage startups, helping them become industry leaders. Learn more at castrum.capital. Contact Details Krystyna Kozak-Kornacka, EAK Digital krystyna.kozak@eakdigital.com

December 21, 2023 05:15 PM Eastern Standard Time

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News Release

AmmPower Announces Promissory Note

AmmPower Corp.

December 21, 2023 – TheNewswire - Toronto, Ontario – AmmPower Corp. (CSE: AMMP ) (OTC: AMMPF ) (FSE: 601A ) (the “ Company ” or “ AmmPower ”) announces it has borrowed USD$22,194 (the “ Loan ”) from Dr. Gary Benninger and issued a promissory note to Dr. Benninger. The Loan bears interest at an annual rate of 8%, accruing daily and compounded monthly, is repayable on June 17, 2024 (the “ Maturity Date ”). Subject to the approval of the Canadian Securities Exchange, the Loan and all related interest is convertible into common shares of the Company, at the election of Dr. Benninger, on or prior to the Maturity Date. The Loan is a related party transaction pursuant to Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“ MI 61-101 ”). Dr Benninger is the Company’s CEO, a director and a control person of the Company, and, as such, Dr. Benninger abstained from the vote by the board of directors of the Company with respect to the Loan. With respect to the Loan, the Company has relied on the exemption from the valuation requirement pursuant to section 5.5(b) (Issuer Not Listed on Specified Markets) of MI 61-101 and from the minority shareholder approval requirement prescribed by section 5.7(1)( a ) ( Fair Market Value Not More Than 25 Per Cent of Market Capitalization ) of MI 61-101. There is no undisclosed material information by the Company. The Company has at least one independent director, and all independent directors have approved the Loan. On Behalf of the Board of Directors Alia Comai‎ Director About AmmPower AmmPower is a clean energy company focused on the production of green hydrogen feedstock for green fuel and green derivatives. The Company is based in Toronto, Ontario, with a research and manufacturing facility in Southeast Michigan. The Company is active in all facets of green hydrogen feedstock and green fuel production, including the production of green fertilizers, carbon free shipping fuel, and the ‘cracking’, or moving of green hydrogen derivatives. The Company is working on the development of proprietary technologies to produce green hydrogen at scale, including the investigation of unique catalytic reactions to bring down costs and to take advantage of carbon credits in the renewable energy space. AmmPower currently holds several LOIs with ports in Brazil, the United States, and is currently completing its IAMM TM prototype to create green hydrogen feedstock for fertilizer for the agricultural industry. The Company also holds a lithium exploration property in the James Bay/Eeyou Istche region of Quebec and an option on the Titan Property located in Klotz Lake area in Northwestern Ontario. For More Information please visit: www.ammpower.com Or Contact AmmPower Investor Relations: +1 248-662-5565 invest@ammpower.com Forward-Looking Statements ‎ This news release includes forward-looking statements that are subject to risks and uncertainties, ‎‎‎including with respect to repayment of the Loan. The Company ‎‎provides forward-‎looking statements for the purpose of conveying information about current ‎‎expectations and plans ‎relating to the future and readers are cautioned that such statements may not be ‎‎appropriate for other ‎purposes. By its nature, this information is subject to inherent risks and ‎‎uncertainties that may be general ‎or specific and which give rise to the possibility that expectations, ‎‎forecasts, predictions, projections, or ‎conclusions will not prove to be accurate, that assumptions may not ‎‎be correct, and that objectives, ‎strategic goals and priorities will not be achieved. These risks and ‎‎uncertainties include but are not ‎limited those identified and reported in the Company’s public filings ‎‎under the Company’s SEDAR profile ‎at www.sedar.com. Although the Company has attempted to identify ‎‎important factors that could cause ‎actual actions, events, or results to differ materially from those ‎‎described in forward-looking information, ‎there may be other factors that cause actions, events or ‎‎results not to be as anticipated, estimated or ‎intended. There can be no assurance that such information ‎‎will prove to be accurate as actual results and ‎future events could differ materially from those ‎‎anticipated in such statements. The Company disclaims ‎any intention or obligation to update or revise any ‎‎forward-looking information, whether as a result of ‎new information, future events or otherwise unless ‎‎required by law.‎ The Canadian Securities Exchange (CSE) has not reviewed, approved, or disapproved the contents of this press release.

December 21, 2023 04:15 PM Eastern Standard Time

Proactive Plans Reverse-Takeover with Evergreen for Enhanced Capital Access to Accelerate AI Products

Proactive Group Holdings

Proactive Group Holdings Inc. (“Proactive”), the AI-powered digital stakeholder engagement company, announces it has signed a non-binding Letter of Intent (“LOI”) with Evergreen Acquisitions Corp. (“Evergreen”). The proposed transaction is expected to constitute a reverse-takeover transaction and will be structured following the review and consideration by the parties of applicable tax, securities, corporate law, and other relevant considerations and will be subject to standard closing conditions, including receipt of any required regulatory or shareholder approvals. The proposed transaction will be conditional on Proactive and Evergreen receiving the approval to list the resulting company’s common shares on a senior stock exchange in Canada. The proposed transaction is designed to provide Proactive with better access to capital to accelerate its investment in AI products and consider any potential acquisition opportunities. Proactive has so far utilized its own financial resources and access to corporate debt to make multiple acquisitions. Most recently, the company has completed two acquisitions of corporate website solutions businesses, in Canada and Australia. Proactive chief executive Ian Mclelland said: “The proposed transaction with Evergreen comes at an important strategic point for the business as we look to grow with the aim of creating a leading AI-powered issuer services company. The proposed transaction would provide us with potential access to growth capital to accelerate multiple opportunities, and to introduce AI products to both new customers and our current 2,000 clients alike.” Enquiries Craig Ribton, Proactive (investors@proactiveinvestors.com) Jonathan Held, Evergreen (jheld@aloefinance.com). Notice Regarding Forward-Looking Information Certain information set forth in this news release may contain forward-looking information that involves substantial known and unknown risks and uncertainties. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions, and obtaining regulatory and shareholder approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking information. The Company undertakes no obligation to update forward-looking information except as otherwise may be required by applicable securities law. ABOUT PROACTIVE GROUP HOLDINGS At Proactive, our mission is to provide best-in-class AI-powered digital solutions to companies across the globe seeking to improve engagement with their stakeholders. Our products deliver media support, corporate websites, engagement analytics, and shareholder tools for publicly listed issuers. Our purpose is to help companies improve their communication and engagement with their shareholders, stakeholders, and the broader investment community. Proactive provides solutions to almost 2,000 companies in Australia, Canada, UK, and USA. Contact Details Proactive Group Holdings Craig Ribton investors@proactiveinvestors.com Company Website https://www.proactive.inc

December 21, 2023 03:12 PM Eastern Standard Time

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