News Hub | News Direct

All Industries


Article thumbnail News Release

Argentem Creek Partners and Innovatus Capital Partners Welcome Verdicts by Ukraine Supreme Court in Bankruptcy Proceedings

Argentem Creek Partners

[New York, 16 November] Argentem Creek Partners LP (“ACP”), a US-based, emerging market specialist investment firm, and Innovatus Capital Partners (“Innovatus”), a U.S.-based asset management firm, are pleased that the Supreme Court of Ukraine has ruled in favour of upholding the bankruptcy proceedings against Olimpex Coupe International (Olimpex) and MetalsUkraine Corp LTD (MetalsUkraine). On 15 November 2023, the Supreme Court of Ukraine ruled in the cassation appeal of the former owners of the GNT Group with respect to Olimpex, and on 16 November 2023, the cassation appeal regarding MetalsUkraine. In both instances, the verdict favoured ACP and Innovatus. Lawyers acting for ACP and Innovatus earlier this week announced they would be filing a complaint with Ukraine’s Supreme Council of Justice over suspected unlawful actions undertaken by a different Kyiv judge in relation to the GNT fraud. [ https://www.argentemcreek.com/20231114-argentem-creek-partners-innovatus-capital-partners-call-for-investigation-into-kyiv-judge-over-suspected-unlawful-interference-in-criminal-investigation-of-gnt-group/ ]. John Patton, Founding Partner and Head of EMEA and Asia at ACP, said: “We are very pleased with the Supreme Court’s decision; today's success marks a significant milestone for both Ukraine and its investment landscape. Following some of the recent suspect behaviour elsewhere in the courts system, this is a strong reassurance for Ukraine’s foreign investors. This verdict reinforces the significance of protecting investors and upholding the rule of law, which is crucial for Ukraine's economic prosperity. ACP is committed to investing in Ukraine and will continue our efforts to ensure that GNT Group is run responsibly, transparently and will contribute to Ukraine’s growth.” Ana Firmato, Managing Director at Innovatus, added: “We are very pleased with the Supreme Court’s ruling in relation to the bankruptcy of Olimpex and MetalsUkraine. This outcome will allow both to be managed effectively and become vital assets for Ukraine’s economy.” The Western Commercial Court of Appeal in Ukraine previously upheld the bankruptcy proceedings for both Olimpex and MetalsUkraine, citing the strong evidentiary basis for the decision. ACP and Innovatus remain committed to their mission of promoting private investment activism as a means to combat corruption in Ukraine and will continue to invest in projects that align with these objectives. Contact Details Argentem Creek Partners media@argentemcreek.com media@argentemcreek.com Company Website https://www.argentemcreek.com/

November 16, 2023 02:59 PM Eastern Standard Time

Article thumbnail News Release

RBLZ Emerges As Top ERC-20 Token, Why Are Meme Coin Whales Accumulating?

RoundHouse Media

Embrace the Rebellion! Ready to release your inner rebel? There’s been a lot of talk about Bitcoin recently, but one cryptocurrency has developed into thе lеadеr of a distinct movеmеnt, establishing itself as one of the best cryptocurrеnciеs. Not your average coin, Rеbеl Satoshi is represented by thе $RBLZ token. Drivеn by thе community, its goals arе to ignitе changе, awakеn thе silеnt majority, and give your portfolio some massive gains. Rеbеl Satoshi is bringing about a fascinating new era, which quеstions traditional wisdom. Rеbеl Satoshi is a living embodiment of thе disobedient and fеarlеss spirits of Guy Fawkеs and Satoshi Nakamoto, two historical individuals who attеmptеd to bring down and chаllеngе established authority. Thе $RBLZ tokеn, which stands for solidarity and rеsistancе to thе status quo, acts as thе mission's bеacon. On a mission to takе on powеrful opponеnts, cеntralizеd organizations and thе privilеgеd fеw who gathеr unfathomable wealth, arе Rеbеl Satoshi and the Rеcusants. By еxposing thе repressive structures that benefit a select fеw еlitеs, this uprising seeks to show thе strеngth of dеcеntralization and solidarity against thosе with disproportionatе wеalth and powеr. Aiming High The bold objеctivе is to rеach a markеt capitalization of $100 million in ordеr to demonstrate thе power of a movement lеd by thе community - together, they want to prove that David can always beat Goliath. Rеbеl Satoshi hopеs to havе a significant impact on being thе best crypto to buy now by uniting and challenging cеntralizеd systеms, rеwriting thе rulеs and promoting unity to bring in an еxciting nеw wave in crypto. Thе Ethеrеum-based (ERC20) tokеn $RBLZ draws attеntion to inеquality and sеrvеs as a rеmindеr to thе thе favourites that thеy hаvе power whеn thеy comе togеthеr for a fun and morally еnriching causе. It's morе than just a tokеn; it's your pass to takе part in missions, gеt rеwards, stakе for morе advantages, and bеcomе a part of a thriving community that еmbracеs rеbеllion. In Rеbеl Satoshi's univеrsе, purposе and playfulnеss comе togеthеr, where laughter and unity arе thе prеfеrrеd weapons in this joyful uprising. Rеbеl Satoshi invites users to go on an adventure whеrе thеy can dеfy expectations and havе fun along thе way through playful еngagеmеnt, intеractivе missions, and meme culturе. Rеbеl Satoshi extends an invitation to you to join the transformation and inspire thе slееping sheep as we step into this fascinating nеw еra. $RBLZ: The Heart of the Rebellion And The Unique NFT Vault The central component of the Rеbеl Satoshi ecosystem is thе Rеbеl Satoshi Token, or $RBLZ. It’s a mеmе coin drivеn by thе community that represents dеcеntralization, solidarity, and rеbеllion. With $RBLZ, centralised systеms will be challenged and thе strеngth of the community will bе cеlеbratеd. Bеing an ownеr of $RBLZ grants you accеss to a widе rangе of community activitiеs, such as onlinе gеt-togеthеrs, intеractivе gamеs, and coopеrativе projеcts. Community mеmbеrs activеly support the expansion and stability of thе еcosystеm by staking $RBLZ, and they also еarn bеnеfits that arе consistent with thеir commitment to dеcеntralization. Your key to a revolutionary crypto еxpеriеncе whеrе dеcеntralization, rеsistancе, and unity arе essential is $RBLZ. Takе part in thе prеsalе, join thе movеmеnt, and become a Rеcusant—a proud member of the Rеbеl Satoshi community—to create changе in thе crypto industry for the better. Now, introducing one of the most popular NFT collеctions, including 9, 999 unique characters from thе Rеbеl Satoshi еcosystеm—Citizеns, Warriors, Rеbеls, Monarchs, and Rеcusants—will bе rеlеasеd by Rеbеl Satoshi. You could find a wеalth of uniquе digital artwork and collеctiblеs with this opportunity. Takе advantagе of a thriving markеt, exchange distinctivе NFTs, and honor Rеbеl Satoshi and Thе Rеcusants' rеbеllious naturе. Evеry popular NFT tеlls a part of the Rebel story and symbolizеs bravery, solidarity, and defiance that propеl the community's rеsistancе to opprеssion. Final Words If you want to get involved, community members actively support thе expansion of the Rеbеl Satoshi ecosystem by еngaging in staking. Thе efficient and transparent staking mechanism makes surе that rеwards arе dispersed automatically and equally. The longer you stake, the more you’ll make! For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram Contact Details Rebel Red media@rebelsatoshi.com

November 16, 2023 02:20 PM Eastern Standard Time

Article thumbnail News Release

NRx Pharmaceuticals founder unveils potential treatment for suicidal thoughts and depression

NRx Pharmaceuticals Inc

NRx Pharmaceuticals founder and chief scientist Dr Jonathan Javitt joined Steve Darling from Proactive to discuss groundbreaking developments in treating suicidal ideation and depression. NRx focuses on targeting the NMDA (N-methyl-D-aspartate) receptor in the brain, identified as crucial for turning off suicidal thoughts. Traditional antidepressants, which target the serotonin axis, often increase suicide risk, highlighting the need for a new approach. Javitt told Proactive the company is approaching the clinical trial enrollment goals for its partnered product NRX-101, while opening new clinical initiatives in chronic pain, urinary tract infection, and NRX-100 for suicidal depression. The company said the trial is near completion of enrollment of the originally-targeted 70 participants in the Phase 2b/3 trial of NRX-101. Top-line data from this cohort of patients is expected shortly after the last patient visit. Javitt told Proactive chronic pain affects more than 50 million American adults, compared to the approximately 3 million who report thoughts of suicide on an annual basis. There has been no new non-opioid class of drugs to treat nociceptive pain in the past two decades and NRX-101 has the potential to be the first NMDA-antagonist drug to seek approval for this indication. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

November 16, 2023 02:07 PM Eastern Standard Time

Video
Article thumbnail News Release

Gold Terra Resources intersects 12.93 g/t gold in Campbell Shear

Gold Terra Resource Corp

Gold Terra Resources chairman and CEO Gerald Panneton joined Steve Darling from Proactive to share significant updates on the company's latest exploration achievements. The announcement centers around the positive assay results from drill hole GTCM23-055, where an impressive concentration of 12.93 grams per tonne (g/t) of gold was recorded over a span of 1.7 meters. This discovery is pivotal as it affirms the expansion of high-grade gold mineralization within the Campbell Shear, located beneath the historical Con Mine's subterranean structure. Panneton emphasized to Proactive that this discovery is not just a mere addition but a confirmation of the company's geological predictions and marks a complete technical victory in tracing the Campbell Shear's depth extension. The drilling uncovered high-grade gold in conjunction with quartz veins and alterations in the geological formation—key indicators of rich mineral deposits. The company projects that this vein extends over a kilometre in strike length, offering a substantial volume of gold to be unearthed with further drilling, especially deeper near the existing base of the Robertson shaft. Gold Terra Resources is not resting on its laurels with this find; it is actively continuing its exploration efforts. A new drilling phase is underway involving a lateral wedge extending from the main exploratory shaft, known as the Master hole. This new drilling direction aims at reaching the Campbell Shear approximately 75 meters to the north from the initial point of intersection. The company anticipates that additional wedges will be drilled from this Master hole in the forthcoming months, suggesting a robust and ongoing exploration campaign. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

November 16, 2023 01:14 PM Eastern Standard Time

Video
Article thumbnail News Release

Nextech3D.ai announces successful contracts for Events Tech solutions platform Map D

Nextech3D.AI

Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to report a surge in sales following the signing of several new agreements and the renewal of contracts with prominent organizations and associations throughout North America for its Event Tech Solutions Platform, known as Map D. Gappelberg highlighted to Proactive that notable agreements have been secured with various entities, including the Florida Association of Mortgage Professionals, the Georgia Association of Chiefs of Police, Sea Otter Europe, and the Lucky Leaf Expo, among others. Further expanding its technological frontier, the company has also unveiled a pioneering AR-powered mobile application designed specifically for tradeshow organizers. This application is an amalgamation of the existing Map D event management technology and ARway, an advanced AI-driven Augmented Reality Navigation platform. The app stands out in the market with its innovative approach to spatial computing, requiring no code and no beacons, thereby positioning itself as a trailblazer in the industry's augmented reality applications. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

November 16, 2023 01:06 PM Eastern Standard Time

Video
Article thumbnail News Release

Community Accelerator Grant Program to Distribute $10M in Second Round of Funding for Arts and Culture in Washington

Paul G. Allen Family Foundation

Today, ArtsFund and the Paul G. Allen Family Foundation announced the 2024 Community Accelerator Grant program, which will distribute $10 million in unrestricted funding to organizations across Washington whose primary mission is to produce or support arts and culture activities. This second round of funding builds on the program’s groundbreaking 2023 pilot, which provided a total of $10 million to 671 organizations and will continue to prioritize organizations that center BIPOC, LGBTQ+, and people with disabilities, and those located in rural communities. “The initial round of the Community Accelerator Grant taught us so much about the positive impact unrestricted funding has on arts and culture organizations,” said ArtsFund President and CEO Michael Greer. “Empowered by the unrestricted funds provided by the Paul G. Allen Family Foundation, recipients have been able to address their specific needs, and invest in their missions and essential roles serving communities across Washington State.” The program funded every eligible applicant in 2023, including organizations in 35 of Washington’s 39 counties. While the funding could be used for any aspect of the grantees’ work, recipients indicated their greatest needs were for salaries and labor, programming, and rent and facility costs. For instance, Spectrum Center, an Eastern Washington 2SLGBTQIA+ (Two-Spirit, Lesbian, Gay, Trans, Queer, Intersex, Asexual, and other sexual identities) organization, used their Community Accelerator Grant to fund their Adult Art Camp program, a free and inclusive set of classes for individuals interested in discovering new modes of self-expression and fostering community “This funding was pivotal in launching Adult Art Camp,” said Executive Director Roo Ramos. “The program was so well received, we plan to offer it again later this year and integrate it into our regular programming.” The low-barrier application and relatively fast turn-around time between application and funding also played an important role in supporting organizations as they bounced back from the pandemic. Ultimately, 97 percent of 2023 grant recipients reported that they believe this program will help them raise additional revenue, supporting the “accelerator” concept. “The Community Accelerator Grant shows the power of this community-driven model, and the impact that can be made when organizations themselves choose how to use urgently needed funds,” said Lara Littlefield, Executive Director for Partnerships & Programs of the Paul G. Allen Family Foundation. “Arts and culture organizations are central to vibrant and healthy communities and we recognize the broader need to empower these organizations and all that they do for Washingtonians across our state.” Applications for the 2024 program will run from February 5 to March 5, 2024. The process will again utilize a Community Advisory Panel, which will inform the application, outreach, and awardee slate. Further details about the application process, the advisory panel, and criteria will be shared in January of next year. About ArtsFund ArtsFund supports the arts through leadership, advocacy, and grantmaking in order to build a healthy, equitable, and creative Washington. ArtsFund was originally founded to bring corporate and civic leaders together to help establish and sustain our region’s arts and cultural institutions. Over its grantmaking history, ArtsFund has granted more than $115MM to over 1,000 organizations in 37 out of 39 Washington state counties. Additionally, leadership and advocacy programs such as Board Leadership Training, the Cultural Partners Network, and Arts Impact Reports support the health and wellbeing of our communities. Learn more at www.artsfund.org. About Paul G. Allen Family Foundation Founded in 1988 by philanthropists Jody Allen and the late Paul G. Allen, co-founder of Microsoft, the foundation invests in communities across the Pacific Northwest to enhance the human experience of arts & culture, center under-served populations, and mobilize young people to make impact. In addition, the foundation supports a global portfolio of nonprofit partners working across science and technology solutions to protect wildlife, preserve ocean health, and create lasting change. The foundation also funds the Paul G. Allen Frontiers Group, which works to advance cutting-edge research in all areas of bioscience. Learn more at www.pgafamilyfoundation.org. Contact Details Kristen Armellini +1 805-630-7013 karmellini@wearerally.com Company Website https://www.artsfund.org

November 16, 2023 10:00 AM Pacific Standard Time

Image
Article thumbnail News Release

Secure an Exhibit Spot at NAFA 2024 Institute & Expo

NAFA Fleet Management Association

NAFA Fleet Management Association (NAFA), the vehicle fleet industry’s largest membership association, is thrilled to announce that prime exhibit space is available for the 2024 Institute & Expo (I&E), taking place April 22-24 in San Antonio, TX. The I&E Expo Floor draws nearly 600 fleet managers from across the globe with a collective purchasing power of more than $10 billion USD. “Exhibiting at this conference is the gateway to connecting with industry leaders and shaping the future of fleet management,” said Bill Schankel, CAE, CEO of NAFA. “While at I&E, exhibitors have the opportunity to drive the industry forward and showcase their solutions among the best minds and technologies in the field.” NAFA I&E is the industry’s largest gathering of fleet and mobility professionals, with 89% of attendees serving as key decision-makers and authorized purchasers. The three-day event consists of professional development opportunities, networking events, and an outstanding lineup of educational sessions addressing the most pressing issues facing the fleet management industry. In the Expo Hall, exhibitors will have the opportunity to meet face-to-face with corporate fleets in addition to influential fleet managers representing government, utility, and law enforcement fleets. If a company’s goal is to unveil a new product, connect with influential decision-makers, or foster existing relationships, I&E offers the perfect platform to accomplish these objectives. At past events, four in five fleet managers spent three hours or more on the exhibit floor. Returning in 2024, NAFA exhibitors will have the opportunity to present their new products and product launches to I&E attendees at the second annual Innovations Showcase. Participating in the Innovations Showcase helps companies optimize their marketing efforts and stand out to attendees, industry experts and leaders. Exhibitors can learn more about the Innovations Showcase and reserve their spots here. Prospective exhibitors are encouraged to secure their space early to ensure prime placement in the Expo Hall. For more information about reserving an exhibit booth, please visit NAFA’s website. Sponsorship opportunities can be secured here. This year’s current sponsors include Bestpass Inc., FASTER Asset Solutions, Geotab, Holman, Legend Fleet Solutions, Merchants Fleet, Samsara, Stellantis, U.S. Bank Voyager, WEX and Wheels, Inc. NAFA Fleet Management Association is the membership organization for professionals who manage the mobility requirements of vehicle fleets that include commercial, public safety, trucks, and buses of all types and sizes, and a wide range of military and off-road equipment for corporations, governments, universities, utility fleets, and law enforcement in North America and across the globe. NAFA’s members are responsible for the specification, acquisition, maintenance, repair, fueling, risk management, and remarketing of more than 4.8 million vehicles that drive an estimated 84 billion miles each year. NAFA’s members control assets and services well above $122 billion each year.For more information, please visit www.nafa.org, and communicate with NAFA on LinkedIn, Facebook, and X. Contact Details Keaveny Hewitt +1 919-622-5276 khewitt@onwrdupwrd.com Company Website https://www.nafa.org/

November 16, 2023 01:00 PM Eastern Standard Time

Article thumbnail News Release

ECR Minerals aiming to get new drilling underway in Victoria by year-end

ECR Minerals PLC

ECR Minerals PLC managing director Nick Tulloch speaks to Thomas Warner from Proactive after the mineral exploration and development company announced it intends to revisit its assets in Victoria, with fresh drilling expected before the end of 2023. The interview began with Tulloch explaining the decision, emphasising the compelling prospects in the region as demonstrated by noteworthy results from Southern Cross Gold in the same general area. Addressing the financial aspect of the drilling campaign, Tulloch saids that the funds raised a couple of months ago would fully cover the expenses for the near-term exploration. Additionally, the company is considering selling underutilised or unnecessary mining equipment to generate additional funds for business progression. The discussion then shifted to financial matters, with Tulloch elaborating on the extension of the salary sacrifice scheme. Some members of the board have agreed to take £10,000 each in shares instead of salary. Tulloch expressed his satisfaction with his first few months in the MD role, noting the strategic decisions made, including the choice not to proceed with the Hurricane project in Queensland, and highlighted the company's focused approach to areas that offer the most significant opportunities. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

November 16, 2023 12:50 PM Eastern Standard Time

Video
Article thumbnail News Release

Utah County Leads the First Government Adoption of the Blockchain Maturity Model (BMM)

PlatoData

Utah, USA, Nov. 16, 2023 - ( PlatoData via 500NewsWire) -- Utah County is the first government entity in the world to adopt the Blockchain Maturity Model (BMM) to assess their blockchain-based solution and use it to continually improve the reliability and trustworthiness of their blockchain-based government services. From the mid 1800’s Utah County has drawn pioneers to its territory. That indominable spirit of overcoming challenges and finding new paths forward has not waned. When Covid shut down government offices, Utah County had already begun the transition to online platforms. Clerk/Auditor Amelia Gardner, had led the charge into that territory in 2019 and Utah County became a national and international success story. Amelia’s foresight in using blockchain to replace some in person government services including elections and issuing vital records was accelerated significantly due to covid. But this whole new paradigm shift of delivering government services had to be transitioned responsibly. There is a significant amount of fear, uncertainty, and doubt when introducing new technologies in government. The many failures of blockchain projects in recent year compounded those concerns. Consequently, Utah County needed an unbiased, objective, and impartial assessment of their blockchain-based solutions. Gardner says “We have an enormous opportunity to lead transformational change in this laboratory of democracy called local government. However, we also have a commitment to our citizens to make sure that we lead transformation responsibly”. That is why the Utah County Commissioner turned to the Blockchain Maturity Model (BMM) as a benchmark to evaluate how the county was embracing this new technology. The Blockchain Maturity Model (BMM) was developed by the Government Blockchain Association (GBA) and is showcased at the United Nations (UN) Internet Governance Forum (IGF) by the Dynamic Coalition on Blockchain Assurance & Standardization. It is being used by organizations in many industries as a roadmap for responsible blockchain development as well as a verification that blockchain solutions can be trusted. While Utah County is at the beginning of this journey, there is no doubt of their commitment to lead and pioneer to new horizons. The impact of Commissioner Gardeners’ successful blockchain projects extends well beyond her county. Commissioner Gardner has been appointed to the Governors’ Utah Blockchain and Digital Innovation Task Force. She has received awards and recognition at the United States Capitol and has had an impact on governments around the world. Her selection of the BMM is indicative of Utah County’s commitment to responsible digital transformation. For More Information about: · The Blockchain Maturity Model (BMM) - Please visit www.gbaglobal.org/blockchain-maturity-model or send an email to BMM@GBAglobal.org. · Utah County Commissioner Amelia Powers Gardner – Please visit www.utahcounty.gov/Dept/Commish/portfolios.asp#Gardner Contact Details The Blockchain Maturity Model (BMM) BMM@GBAglobal.org Company Website https://gbaglobal.org/blockchain-maturity-model

November 16, 2023 12:49 PM Eastern Standard Time

Image
1 ... 510511512513514 ... 3534