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Nevis Brands Expands Major Distribution with Exclusive Licensing Agreement in Mississippi

Nevis Brands

Nevis Brands CEO John Kueber joined Steve Darling from Proactive to announce the company has announced a significant expansion in Major's distribution through an exclusive licensing agreement with Stash House for production and distribution in Mississippi. Under this agreement, Stash House will have exclusive rights to produce and distribute the full lineup of Major products in the state. The Major lineup includes dose-able 100mg THC beverages available in flavors such as Blueberry, Fruit Punch, and Blackberry Lemonade. Known for delivering the effects of cannabis within a short timeframe of 10-20 minutes after consumption, Major has gained popularity since its initial launch in Washington State in 2019, with over 5 million bottles sold to date. Kueber highlighted Mississippi's recent legalization of cannabis for medical use in January 2023, which has led to the licensing of over 400 dispensaries in the state. This agreement marks Major's entry into its 10th state for production, further expanding its reach across the United States. Currently available in Washington, Oregon, Arizona, Ohio, Colorado, Nevada, California, and Missouri, Major is also preparing for production in Michigan, signaling the brand's continued growth and market penetration. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 30, 2024 12:12 PM Eastern Daylight Time

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BioHarvest Sciences Reports Strong Financial Performance for 2023, Eyes Nasdaq Listing

BioHarvest Sciences Inc

BioHarvest Sciences CEO Ilan Sobel joined Steve Darling from Proactive to share the company's impressive financial and operational results for the fourth quarter and full year ended December 31, 2023. Revenue surged by 131% to $12.7 million in 2023, compared to $5.5 million in 2022, with fourth quarter revenue growing by 85% to $4.5 million. Notably, gross margins for the fourth quarter improved to 51%, up from 27% in the same period of 2022, and full-year gross margins rose to 45%, from 22% in 2022. In the US market, BioHarvest Sciences experienced significant growth, with new customer and subscriber counts more than doubling. Despite this growth, marketing costs increased by only 48%, while customer churn and cost of acquisition decreased, indicating improved efficiency in customer acquisition and retention strategies. Looking ahead, Sobel provided revenue guidance for the first and second quarters of 2024, expecting revenues to range between $5.2-$5.3 million and $5.7-$6.0 million, respectively. The company also launched a new 'Hot Beverage' lineup in December 2023, starting with VINIA® Functional Coffees, with additional VINIA® products in the pipeline. In a strategic move towards broader market access, BioHarvest Sciences is working towards listing on the Nasdaq Exchange in the United States. To meet Nasdaq's minimum share price requirements, the company plans to seek shareholder approval for a share consolidation of 35-1 at its Annual and Special General Meeting on May 27, 2024. Additionally, the company aims to enhance corporate governance by adding an additional independent director to meet Nasdaq requirements. These initiatives underscore BioHarvest Sciences' commitment to unlocking greater shareholder value and expanding its presence in the US market. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 30, 2024 12:10 PM Eastern Daylight Time

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Applied Graphite Technology announces company now trading on OTCQB with ticker AGRTF

Applied Graphite Technologies Corporation

Applied Graphite Technology Corporation CEO Don Baxter joined Steve Darling from Proactive to announce a significant milestone with the successful completion of the cross-listing of its common shares on the OTCQB Venture market. The company's common shares are now actively trading on the OTCQB under the ticker symbol "AGRTF", while still maintaining its primary listing on the TSX Venture Exchange under the ticker symbol "AGT". CEO Don Baxter emphasized the strategic importance of this listing, highlighting the opportunity it presents for Applied Graphite Technologies to tap into a large United States investor base. This move is expected to not only allow investors to directly participate in the company's growth but also enhance trading liquidity and broaden outreach within the global investment community. The OTCQB, operated by the OTC Markets Group Inc. in New York City, New York, holds recognition from the United States Securities and Exchange Commission (SEC) as an established public market. With over 10,000 United States and global securities traded, the OTCQB serves as the mid-tier of the OTC for early-stage and developing companies, providing investors with access to price and financial information. By joining the OTCQB, Applied Graphite Technology Corporation aims to bolster its visibility and accessibility to a broader range of investors while furthering its growth trajectory in the graphite technology sector. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 30, 2024 12:06 PM Eastern Daylight Time

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Cloud DX Reports Significant Revenue and Profit Growth in 2023

Cloud DX

Cloud DX CEO Robert Kaul joined Steve Darling from Proactive to discuss the company's impressive performance in its 2023 full-year results. Notably, Cloud DX reported a substantial 55.4% increase in revenue, reaching $1.8 million. A key driver of this growth was the remarkable surge in subscription revenue, which soared by nearly 70%, surpassing the overall revenue increase. This shift towards subscription revenue, characterized by high margins exceeding 90%, has significantly bolstered profitability, with gross profit doubling to $1.2 million, reflecting a remarkable 112% increase. The company's stellar performance is further underscored by its operational efficiency, as evidenced by a noteworthy $1.3 million reduction in operating expenses. This reduction was achieved through strategic staff cost management, executed without compromising on customer service quality. As a result, Cloud DX achieved a more than 20% decrease in operating loss, setting a positive trajectory towards profitability and positive cash flow in the coming quarters. Looking ahead, Cloud DX is well positioned to solidify its presence in the remote patient monitoring market in Canada. The company boasts the largest share of provincial contracts and maintains robust partnerships with major industry players such as Medtronic and Teladoc Health. Moreover, Cloud DX's successful early conversion of convertible debt at a premium underscores its strong financial management and commitment to enhancing shareholder value. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 30, 2024 12:04 PM Eastern Daylight Time

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Silver Range Resources announces plans to raise capital as company readies 2024 exploration plans

Silver Range Resources Ltd

Silver Range Resources CEO Mike Power joined Steve Darling from Proactive to announce the company is gearing up for continued exploration and prospecting activities in 2024, with plans to raise approximately $300,000 through a market offering. CEO Mike Power shared the company's strategy, emphasizing the importance of securing funding to support ongoing operations and capitalize on potential market improvements. Power highlighted the current market conditions in the junior gold mining sector, describing it as depressed but poised for recovery, particularly in light of gold price trends. Despite the challenges posed by the current environment, he expressed optimism about the sector's near-term prospects and anticipated changes that could unfold in the coming weeks. In addition to the financing initiative, Power provided insights into Silver Range Resources' operational activities, highlighting ongoing field work in Nevada. Nevada's favorable mining conditions and efficient permitting process were underscored as key advantages for the company. Power also mentioned discussions with Australian entities expressing interest in new projects, further illustrating the company's commitment to leveraging opportunities for growth and expansion. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 30, 2024 12:01 PM Eastern Daylight Time

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Magnetite Mines builds green iron ore vision in pivotal March quarter

MAGNETITE MINES LIMITED

Magnetite Mines Ltd (ASX:MGT) CEO Tim Dobson is back with Proactive’s Elisha Newell to deliver the highlights of the company’s latest quarterly report.The first three months of 2024 saw MGT make headway on several key endeavours as it continues to shape the cornerstone Razorback Iron Ore Project, where it's out to deliver premium ‘DR-grade’ iron ore concentrates to support emerging demand from the decarbonising iron and steelmaking industry.Over the quarter, the company made headway on its strategic partnering discussions, with due diligence completed by several key groups and transactional negotiations in progress. This process took company reps to Japan and Saudi Arabia to engage in face-to-face meetings with some prospective partners, which accelerated relationships with several of MGT’s target groups.Another highlight was a memorandum of understanding inked with the Port Pirie Regional Council, which positions the district as a future hub for green iron production and potential downstream processing. More broadly, Dobson says MGT is focused on aligning the company’s vision with both state and federal governments to foster support for Razorback’s development alongside the emerging ‘green iron’ industry.Progress was also made on a key regulatory milestone: Magnetite Mines' Razorback mining lease proposal is now 90% complete, with submission expected during the current quarter. All things considered, Dobson says the iron ore hopeful is ramping up for another busy season as it works to bring its sustainable magnetite vision to life. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

April 30, 2024 10:30 AM Eastern Daylight Time

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ToolsGroup Recognized in the 2024 Gartner® Magic Quadrant™ for Supply Chain Planning Solutions

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce that it has been recognized in the 2024 Gartner Magic Quadrant for Supply Chain Planning Solutions. Gartner Magic Quadrant research methodology provides a graphical competitive positioning of four types of technology providers in fast-growing markets: Leaders, Visionaries, Niche Players and Challengers. In the 2024 report, Gartner recognized ToolsGroup for its “ability to execute and completeness of vision.” ToolsGroup’s software solutions offer retailers, distributors and manufacturers a comprehensive set of capabilities that enhance the resilience and performance of their operations. Through a unique probabilistic planning approach that leverages AI and real-time enterprise data, ToolsGroup enables decision-making at the pace of modern business. These capabilities include proactive risk monitoring for anticipating and managing uncertainties, as well as advanced probabilistic techniques for precise demand and supply planning. Timely detection of supply chain events is also ensured through adept data latency handling, facilitating swift re-optimization. “We are honored to be once again recognized in the Gartner Magic Quadrant for Supply Chain Planning Solutions,” said ToolsGroup CEO, Inna Kuznetsova. “We believe this recognition reflects our continuous efforts to drive supply chain efficiencies for our customers around the globe, making supply chain a force for good. Proud of the powerful results we deliver to our customers, we are committed to continued innovation as we expand the use of AI and decision-centric planning across the platform.” Get a complimentary copy of the Gartner Magic Quadrant for Supply Chain Planning Solutions here. This recognition in the Gartner Magic Quadrant follows ToolsGroup’s other recent recognitions in the Gartner® Peer Insights™ Voice of the Customer: Supply Chain Planning Solutions and as a Notable Vendor in the 2023 Mid-Market Context Magic Quadrant™ for Supply Chain Planning Solutions. Read more about these reports and download a copy. Join ToolsGroup at the Gartner conference in Orlando ToolsGroup is exhibiting at the Gartner Supply Chain Symposium in Orlando, FL May 6-8. Attendees looking to experience the latest AI-based solutions should visit Booth #817 in the Planning Village. Book a meeting with our experts today! Chris Gonzales, Vice President, Operations & Supply Chain Shelter Solutions at Cornerstone Building Brands, one of ToolsGroup’s leading customers, will present on May 6 at 4:35 pm in the Supply Chain Expo, Stage 3 - Pacific Hall, discussing how a fast growing U.S. exterior building products company is leveraging digital supply chain technology from ToolsGroup and partner River Logic to unlock value as it embarks on a fast-paced growth journey with an aggressive acquisition strategy. Gartner Disclaimer: GARTNER is a registered trademark and service mark of Gartner and Magic Quadrant and Peer Insights are a registered trademark, of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences with the vendors listed on the platform, should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About the Gartner Supply Chain Symposium/Xpo CSCOs and supply chain leaders are continuously confronted with increasingly complex challenges and are expected to outperform and overdeliver. Top supply chain organizations navigate through the turbulence by solving present-day issues and positioning themselves for long-term success. The Gartner Supply Chain Symposium/Xpo™ 2024 conference offers pragmatic advice and future-focused insight for supply chains to deliver now and in the future. Network with 3,000+ peers and vet new technologies at our Exhibit Showcase. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and SUPPLY CHAIN SYMPOSIUM/XPO is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels and inventory – delighting customers and achieving financial and sustainability KPIs.. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

April 30, 2024 09:00 AM Eastern Daylight Time

Gold Stocks Outperformed Bullion During Gold Bull Runs Over Past 20 Years – Junior Miners Like Austin Gold Offer Leveraged Bet On Gold Price

Benzinga

By Austin DeNoce, Benzinga The allure of gold has once again captured the market's imagination, hinting at the onset of a potential bull run that could see prices soaring to unprecedented heights. In the midst of this financial fervor, gold exploration companies like Austin Gold (AMEX: AUST) could be positioned to reap significant benefits. The company is forecasting a wide range for gold prices this decade, but its upper bound is $35,000, largely based on the precious metal’s historic relationship to the monetary base. With that in mind, historical patterns have shown the tendency for gold mining stocks to significantly outperform bullion in bull markets over the past twenty years – setting the stage for a potentially lucrative era for miners and investors alike. Miners: The High Beta Beneficiaries In the world of gold investment, miners hold a unique position, offering what can be described as a leveraged bet on the price of gold. This leverage comes from their operational efficiencies and the ability to sell gold at higher margins during price surges, which can translate into substantial profit expansions. This capacity for increased cash flow not only enhances shareholder value through a higher stock price, dividends and a stronger balance sheet, but it also helps fund future exploration and development activities crucial for sustained growth. Despite their volatility and inherent risks, mining stocks present an attractive opportunity for those seeking outsized returns, especially in a climate where gold's role as a financial safe haven is increasingly relevant and a potential bull market sits on the horizon. The Lassonde Curve Austin Gold says it stands out in the exploration sector due to its high reward/risk position on the Lassonde Curve, which is central to the company’s approach, guiding it through the exploration lifecycle and toward discovery. The Lassonde Curve was conceptualized by mining expert Pierre Lassonde and charts the growth phases of junior mining companies from their start to potential acquisition. Lassonde is known for his leadership at Newmont Corporation (NYSE: NEM) and for co-founding Franco-Nevada, as well as his successful application of a royalty model to gold mining that helped deliver substantial returns. The curve highlights the following key stages: Exploration: Initial geological assessments and drilling to identify potential deposits. Discovery: Positive assay results that confirm the presence of valuable minerals, generating market excitement. Feasibility: Conducting engineering assessments and studies on economic viability to determine if mining is financially feasible. Construction: Mobilizing significant capital to develop the mine and prepare for extraction. Ramping Up: Operations begin, gradually reaching full capacity and operational efficiency. Reserve Depletion: The mine's value decreases over time as resources are extracted and reserves diminish. In essence, the curve points out investment hotspots at discovery, post-feasibility and after construction before mines operate at full scale. This model aids in understanding junior miners' development while offering insights into potential strategic and high-return investments. The model has underscored the high return potential during the early stages of exploration, particularly for its properties like Austin Gold’s Stockade Mountain and Lone Mountain. Austin Gold says these projects exhibit untapped potential, with previous explorations by industry majors not fully exploring the depth or extent of these sites. At Stockade Mountain, Austin Gold's targeted exploration aims to uncover the high-grade veins that lie beneath, with preliminary drilling results already showing promise. Austin Gold’s Unique Position As Austin Gold marches forward in its promising exploration endeavors, it has likened its efforts to the pharmaceutical industry's R&D model, systematically pursuing high-value targets with the potential for "multibagger" returns upon discovery. By employing modern exploration techniques and adhering to a disciplined exploration strategy, Austin Gold says it is investing in the future with the hope of securing significant discovery results that can buoy it to new heights in its early stages along the Lassonde Curve. In other words, Austin Gold sits at the early stages of this curve where it holds the most potential for returns. As one of the few listed gold exploration companies on the NYSE American, the company is figuratively and literally looking to strike gold that could return significant multiples on its investment, especially if gold prices continue to rise much higher. Gold On The Horizon As the gold market teeters on the brink of a possible new bull run, the spotlight turns to exploration companies like Austin Gold. With the potential for gold prices to reach new heights, the company's strategic position, experienced team and promising projects potentially place it at the forefront of the industry's next wave of success. In a world increasingly attuned to the value of gold as a hedge against uncertainty, Austin Gold's exploration efforts offer a vivid illustration of the sector's growth possibilities and the lucrative opportunities that lie ahead. The journey of gold exploration is fraught with challenges, but for those like Austin Gold, it's a path paved with golden opportunities. Featured photo by Zlaťáky.cz on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

April 30, 2024 09:00 AM Eastern Daylight Time

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3 Penny Cryptos With Massive Potential in 2024: Dogecoin, Hedera, and Raboo

Total Media

As the crypto landscape continues to evolve post-Bitcoin halving, investors are keenly scouting for opportunities that promise high returns without the hefty investment. Penny cryptos, known for their affordability and moonshot potential for substantial gains, are attracting attention. In 2024, three such cryptos — Dogecoin, Hedera, and Raboo — look set to make significant impacts. Among these, Raboo stands out not only for its price, but also for its innovative approach and growing community support. Dogecoin: The popular favourite Dogecoin, the original meme coin, remains a favourite among investors for its viral appeal and robust community. Despite its origins as a joke, Dogecoin has seen substantial real-world application and adoption by retailers and even fundraisers. While Dogecoin’s price often benefits from social media hype and celebrity endorsements, it maintains a resilience that could see new heights in this current market phase, especially with growing mainstream acceptance. Hedera: The enterprise mover Hedera has carved a niche for itself with its highly efficient hashgraph technology, setting it apart from typical blockchain models. Known for its low fees and high-speed transactions, Hedera appeals to enterprise clients looking to integrate blockchain solutions without the environmental cost associated with traditional models. As businesses continue to prioritize sustainability, Hedera’s practical applications in the real world could lead to increased demand and higher token valuation. Raboo: The Innovative Challenger Raboo is swiftly climbing the ranks as a noteworthy contender in the penny crypto space. This AI-backed meme coin distinguishes itself through technological innovation — leveraging artificial intelligence to scan, analyze, and propagate only the highest quality memes, ensuring viral potential and engagement. With a third stage price of just $0.0042 and predictions of a 100x return, Raboo’s presale phase has already attracted massive levels of attention. The token’s structure promises not only profitability but also active community involvement and rewards, which could solidify its place as a staple in the portfolios of both meme coin enthusiasts and serious investors. Investment potential and market trends The investment appeal of penny cryptos like Dogecoin, Hedera, and Raboo lies in their low entry cost and potential for moonshot returns. For Dogecoin, its enduring popularity and increasing integration into payment systems provide a stable growth outlook. Hedera’s appeal lies in its revolutionary tech and green credentials, which are likely to attract institutional investors as the market shifts towards sustainability. Raboo, however, offers a unique proposition by combining the virality of meme coins with sophisticated AI technology, making it the top investment for those looking to capitalize on quick gains while engaging in a vibrant, interactive community. With its strategic marketing and solid tokenomics, Raboo is not just another meme coin but a potential market mover in 2024. As the crypto market continues to mature, the penny cryptos segment presents exciting opportunities for investors willing to explore less traditional paths. Dogecoin, Hedera, and Raboo each offer unique attributes that could lead to substantial returns. Particularly, Raboo, with its innovative use of AI in the crypto market, is set to not just participate but potentially lead the next wave of crypto trends. For those looking to diversify into dynamic and potentially lucrative realms of the crypto world, these three penny cryptos present compelling cases for consideration. You can participate in the Raboo presale here. Contact Details Total Media Solutions media@Totalsolutionspr.io

April 30, 2024 09:00 AM Eastern Daylight Time

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