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Forte Minerals Receives Environmental Impact Statement (DIA) Approval for its Esperanza Porphyry Cu-Mo Project in Southern Perú

Forte Minerals Corp.

Forte Minerals Corp. ( “ Forte ” or the “ Company ” ) ( CSE: CUAU ) ( OTQB: FOMNF ) ( Frankfurt: 2OA ) is pleased to announce receipt of the Environmental Impact Statement (“ DIA ”) approval for its 100% owned Esperanza porphyry Cu-Mo project (“ Esperanza ”) located in the department of Arequipa, in Southern Perú. The Company is delighted to be awarded the DIA approval by the Peruvian Ministry of Energy and Mines (“ MINEM ”) after more than two years of environmental baseline studies, archeological assessments, social engagement, and government processing. The DIA is an extensive environmental authorization that enables the Company to drill up to 40 platforms over a 5-year timeline. The final drill permit will be delivered by MINEM upon completion of the prior consultation process (Consulta Previa) with the local indigenous communities. Esperanza is an early-stage porphyry Cu-Mo prospect located in southern Perú, roughly 180 km northwest of Arequipa. The project consists of 4000 ha of mineral concessions 100% owned by Forte’s Peruvian subsidiary, Amaru Resources S.A.C. (“ Amaru ”). The prospect occurs within a magmatic arc composed of late Cretaceous to early Paleocene plutons traceable from Perú’s southern border to at least 200 km to the northwest of Arequipa. The Paleocene component of the magmatic arc defines the Southern Perú Copper Belt, known to host several giant porphyry Cu-Mo deposits, including Cerro Verde, Quellaveco, Cuajone and, Toquepala (Figure 1). GlobeTrotters Resources Perú S.A.C. ('GlobeTrotters') initially identified the Esperanza porphyry as part of their regional generative exploration program, targeting porphyry Cu-Mo systems along the extension of the Paleocene magmatic arc, extending northwest from Cerro Verde. Geological mapping, outcrop geochemical sampling and geophysical surveys completed by GlobeTrotters outlined a large 2.8 x 1.7 km Cu-bearing potassic alteration zone partially exposed beneath the post-mineral volcanic cover (Figure 2). Debris from an eroded phyllic altered jarositic leached capping zone exposed along the base of the post-mineral volcanic cover (Figure 3) and geophysical data (Figure 4) support the presence of a partially buried, large, mineralized porphyry complex with potential for a supergene enrichment blanket and primary Cu sulphide mineralization currently untested by drilling. Forte’s President and CEO Patrick Elliott comments, “ This is an outstanding untested porphyry Cu-Mo project that shows all the indications of a large, well preserved, mineralized porphyry complex situated in one of the most fertile mining jurisdictions in South America. The DIA approval for this project as well as our Pucarini high sulphidation epithermal gold project (news release dated September 29 th, 2023 ) are significant milestones and we are thrilled for the opportunity to maiden drill test these highly prospective targets. ” Forte’s Exploration Manager Manuel Montoya comments, “The Esperanza porphyry is interpreted to occur along the northwest extension of the Paleocene magmatic arc, which is known to host some of the largest porphyry Cu-Mo deposits in Perú including Cerro Verde, Quellaveco, Cuajone, and Toquepala. Esperanza has a similar large hydrothermal alteration footprint and exhibits the scale and geological features needed for a Tier-1 discovery.” ESG and Sustainability Forte's extensive experience in Perú gives us a unique understanding of the country's environmental and cultural landscape, distinguishing us from competitors. The Company collaborates with an environmental consultancy, complemented by our in-house social engagement team, to ensure our exploration, permitting, and community engagement practices meet compliance standards and foster positive, mutually beneficial relationships with local communities. Our recent partnership with Social Suite, a leading ESG software tailored for Junior Exploration and Mining companies, revolutionizes how we manage data and enhance our ESG reporting. This step forward is crucial in advancing transparency, strengthening stakeholder communication, and amplifying our impact on investors. Adding Mike Carter as our Lead Energy Advisor is a strategic move to bolster our ESG initiatives. His extensive experience will be invaluable in aligning Forte's community-centric projects with international standards and local community expectations. While our primary focus is discovering and exploring new Cu and Au deposits, Forte is equally committed to setting new benchmarks in ESG and sustainability within the junior exploration and mining industry. About Esperanza Esperanza is a 100% owned 4000 ha porphyry Cu-Mo project located along the northwestern extension of the Southern Perú Copper Belt. The Paleocene magmatic arc is endowed with some of the world’s largest copper deposits. Existing porphyry Cu mines, and recent discoveries make this a highly prospective region of Perú for Cu exploration, discovery, and future mine development. Esperanza consists of a large porphyry Cu-Mo system measuring 4.2 x 3.1 km in area and partially buried under Miocene post-mineral volcanic cover. The center of the porphyry system consists of a 2.8 x 1.7 km potassic alteration zone that is poorly exposed and inferred from the interpretation of existing geological, geochemical, and geophysical data. Geological mapping and sampling along the edge of the post-mineral cover outline Cu-bearing vein patterns typical of the potassic alteration. Exposures of debris from an eroded phyllic altered jarositic leached capping zone mapped at the base of the post-mineral cover also suggest the potential for supergene enrichment. This, in conjunction with the geophysical data, supports the presence of a large, mineralized porphyry complex buried beneath post-mineral volcanic cover, which is highly prospective for a supergene enrichment blanket and primary Cu mineralization which remains untested by drilling. Qualified Person and NI 43-101 Disclosure Richard Osmond, P.Geo., is the Qualified Person as defined by National Instrument 43-101 responsible for the accuracy of technical information contained in this news release. About Forte Minerals Corp. Forte Minerals Corp., a junior exploration company that has blended assets in partnership with GlobeTrotters Resources Perú S.A.C., has built a robust portfolio of high-quality Cu and Au assets in Perú. The Company aims to generate significant value growth by strategically situating early-stage and drill-ready targets alongside a historically discovered and drilled porphyry system for Cu and Au resource development. Notwithstanding its resource focus, Forte is deeply committed to community engagement, environmental stewardship, and fulfilling its societal responsibilities. On behalf of FORTE MINERALS CORP. (signed) “ Patrick Elliott” Chief Executive Officer Certain statements included in this press release constitute forward-looking information or statements (collectively, “forward-looking statements”), including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, “may”, “should” and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements. These forward-looking statements and information reflect management's current beliefs and are based on assumptions made by and information currently available to the company with respect to the matter described in this new release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and risks and uncertainties is contained under "Risk Factors and Uncertainties" in the Company's latest management’s discussion and analysis, which is available under the Company's SEDAR+ profile at www.sedarplus.ca, and in other filings that the Company has made and may make with applicable securities authorities in the future.. Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements. Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Contact Details Forte Minerals Corp. Patrick Elliott, President & CEO +1 604-983-8847 info@forteminerals.com Company Website https://forteminerals.com/

December 14, 2023 06:10 AM Pacific Standard Time

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The Vaccine Group appoints advisory board in partnering push

Frontier IP Group PLC

Frontier IP Group PLC (AIM:FIPP, OTC:FGPPF) portfolio company The Vaccine Group (TVG) CEO Jeremy Salt speaks to Proactive after announcing that TVG has established an advisory board comprised of what the company describes as three high-ranking veterinary experts with strong business experience and connections. Salt explains that the board has been established to "help us scale up our novel herpes virus-based vaccine platform technology, which is the basis of our company." He also reveals more about the wider partnering and commercialisation drive. The following information regarding the members of the advisory board has been provide by TVG. Christophe Barnier-Quer. Christophe works for Merck Life Science in its Contract Development and Manufacturing Organisations branch. He has a PhD in pharmaceutical science from Leiden University, an MBA from HEC Paris and 15 years' experience in vaccine R&D, including as R&D director for GALVmed. Johan Dreesen. A doctor in veterinary medicine, Johann runs an animal health consultancy with a focus on start-ups, animal health pharmaceuticals and non-government organisations. He is a member of the Advisory Council to Kela Pharma and sits on the GALVmed board. He received his doctorate from Ghent University and worked in veterinary practice before leading businesses within Pfizer Animal Health and Zoetis. Vaughn Kubiak. Vaughn has more than 40 years' experience in global animal health in a wide range of senior technical and managerial roles in major companies across R&D, quality assurance and quality control, regulatory affairs, product management and commercial operations. Before retirement in 2019, he spent 17 years at Zoetis. Vaughn now works as a consultant and sits on several technical advisory boards. He has a Master of Science degree in microbiology from Emory University and is involved in the Scientific Committee of the International Alliance for Biological Standardisation. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

December 14, 2023 09:09 AM Eastern Standard Time

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Dora Factory closes new strategic raise, announces new ecosystem partnerships

Dora Factory

Chainwire Dora Factory, a leading protocol specializing in decentralized governance and multi-chain funding for public goods, has successfully secured a new strategic investment led by dao5. This funding round, which also includes contributions from Whampoa Digital and seven other prominent investors, marks a significant expansion of Dora Factory’s capabilities. This infusion of capital bolsters Dora Factory’s mission to build more advanced infrastructures for its flagship Public Good Staking products, support essential public goods funding and pioneering research, as well as enhance Dora Vota – its newly launched specialized appchain for advanced voting and decentralized governance. In conjunction with this new investment round, Dora Factory is also expanding its roster of partnerships, including launching the app-chain quadratic funding rounds for Cosmos ecosystem contributors on Dora Vota. The initiative undertaken by Dora Factory presents a stark contrast to traditional primary investment models prevalent in the crypto sphere, which are often criticized for their lack of foundational value. Dora Factory’s new strategic raise round highlights its overwhelming fundamentals built over the past 24 months. Dora Factory distinguishes itself as a model for sustainable growth and long-term viability. Over more than two years, Dora Factory has substantiated its commitment to delivering concrete results, evidenced by the impressive growth of their public good validators, expanding to more than 30 ecosystems and a total value staked soaring at over $250M. Tekin Salimi, Founder and General Partner of dao5, has commented on the strategic significance of this investment: “Dora Factory is a critical piece of decentralized governance and public goods funding infrastructure for a long list of crypto ecosystems. While many longstanding projects have been undervalued in the recent bear market, dao5 is excited to inject new capital and hands-on support services to revitalize value for the Dora community.” Peter Huo, Co-CIO of Whampoa Digital, added: “Dora Factory is akin to the Y-Combinator of the Web3 universe, but powered entirely by Web3-native protocols, ecosystems, communities, and builders in a decentralized manner. It has continuously demonstrated itself as a vital component and catalyst for facilitating innovation across each and every ecosystem it engages with. In line with our investment thesis on Web3 applications and mass adoption, we at Whampoa Digital are excited to support Dora Factory in its mission and growth ahead.” Dora Factory’s approach to funding public goods across the entire industry is a remedial response to the recent trend of commercializing public goods and their funding, which often disproportionately impacts communities. Instead, Dora Factory emphasizes the intrinsic value of public goods and prioritizes sustainable funding mechanisms. Its commitment to community engagement and demonstrated impact solidify its reputation as a dependable partner to founders and the wider community. With an eye on the future, Dora Factory envisions a scenario where its public good staking is channelled towards funding frontier technologies. Leveraging its sustainable revenue streams, the protocol aims to support vital research and development in critical areas like quantum computing, space exploration and longevity research, setting itself apart as a forward-thinking leader in public goods funding and Web3 in general. Eric Zhang, Architect of Dora Factory, commented: “Dora Factory has already commenced significant efforts towards ‘frontier staking’ – bring Web3 infrastructures and funding mechanisms to support nascent space technology startups and communities. As it continues to broaden its influence and increase revenue, Dora Factory is committed to deepening its involvement in these sectors, recognizing their crucial role in shaping humanity’s future.” Dora Factory exemplifies a successful model in addressing the inefficiencies of traditional funding models, pioneering a sustainable and impactful approach towards public goods support. With its proven track record, dedication to community involvement, and visionary goals, Dora Factory is uniquely positioned to significantly influence the landscape of the future of PoS ecosystems via public good staking and decentralized governance in the coming years. This strategic raise, after Dora Factory’s $17.5 million raise in 2021, will accelerate the infrastructure development and public goods funding process in the multi-chain world. About Dora Factory: Dora Factory creates protocols and tech stacks for decentralized governance, empowering the new generation of PoS networks, open-source communities and decentralized organizations through trailblazing solutions like the Public Good Staking infrastructure and Dora Vota, a special-purpose blockchain for voting and governance. To learn more about Dora Factory, please see dorafactory.org About dao5: Founded by ex-Polychain General Partner Tekin Salimi, dao5 is a $125 million experimental cryptocurrency investment fund that will convert into a decentralized autonomous organization. About Whampoa Digital: Whampoa Digital is the Web3 VC Fund anchored by Whampoa Group, the Singapore-headquartered Whampoa Group. Whampoa Group was co-founded by Amy Lee, a former senior partner at Lee & Lee, a Singapore law firm started by her father, Lee Kim Yew and Singapore’s first prime minister, Lee Kuan Yew and his wife. The investment group’s other co-founder is Lee Han Shih, a member of the business family that co-founded Southeast Asian bank OCBC (OCBC.SI) and Lee Rubber Group, among other companies. Contact Details Dora Factory Steve Ngok steve@dorafactory.org

December 14, 2023 09:04 AM Eastern Standard Time

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WagerWire Launching First-of-its-Kind Fantasy Sports Trading Marketplace with RealTime Sports

WagerWire

WagerWire, a marketplace technology and media company serving sportsbooks and fantasy operators, announced today that it will launch its trading functionality soon for the upcoming NFL postseason with RealTime Fantasy Sports, a hub for all types of fantasy sports competition that has been pioneering the space since 1995. The launch will bring about the first-ever real money trading marketplace for fantasy contests. RealTime Fantasy Sports’ players will be able to sell their entries while they are in progress on the platform. This marketplace demonstrates an additional use case for WagerWire technology beyond traditional sportsbooks, and into fantasy sports. “RT Sports now has something no other fantasy provider does, a true marketplace for pick ‘ems and entries,” said Tim Jensen, COO of RT Sports. “This changes the game for RT Sports. Our players had a taste of trading dynasty league teams in the offseason, but now we’re taking it to the next level, allowing them to trade pick’em plays, DFS, and even season-long leagues.” This news comes on the heels of WagerWire’s marketplace launch with Red Rock Resorts’ ($RRR) STN Play App and corresponding GLI-33 Certification for their integration with the GAN platform powering its sportsbook and iCasino. “Fantasy sports offers a new frontier for our trading technology. This proves WagerWire can make any gaming asset tradeable,” said Zach Doctor, co-founder and CEO of WagerWire. “RT’s loyal community, which has played with them for over two decades, made them the clear choice to be our first live partner for fantasy sports. We look forward to working closely to develop what will become the industry standard for all DFS apps.” WagerWire has plans to launch both their DFS and sports betting marketplace with Betr in 2024, following an announcement of a technology and media partnership earlier this year. WagerWire and RT will also collaborate on original content and media around markets and contests including live NFL and March Madness watch parties. About WagerWire WagerWire empowers bettors to take control of their action and treat their bets and fantasy entries as assets that can be bought and sold at any time. WagerWire’s proprietary GLI-33 certified marketplace technology can be directly embedded into sportsbook apps, and also powers the WagerWire app that serves as an aggregated marketplace of bets across partner sportsbooks. WagerWire also has a Media Network that generates engaging daily sports and betting content “By Fans, For Fans”. You can download WagerWire in the Apple App Store and Google Play, and find them @WagerWire on Twitter and LinkedIn, or @WagerWireLive on TikTok and Instagram. WagerWire is dedicated to providing users with a responsible gaming environment. If you think you or someone you know may have a gambling problem, resources are available. Call 1-800-GAMBLER. About RealTime Fantasy Sports RealTime Fantasy Sports is a leader in the fantasy sports league management and cash games industry. RealTime Fantasy Sports provides some of the top DFS and DFS Pickem contests in the industry. RealTime Fantasy Sports is the home of The Fantasy Championship. Additionally, RealTime Fantasy Sports has the most innovative fantasy games for a host of sports, including football, baseball and basketball. RealTime Fantasy Sports is your one-stop shop for all your fantasy needs. Serving fantasy players online since 1996. Contact Details Bailey Irelan birelan@hotpaperlantern.com Company Website https://www.wagerwire.com/

December 14, 2023 09:02 AM Eastern Standard Time

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Tharisa "cautiously optimistic" after tough year for PGMs

Tharisa PLC

Tharisa PLC (LSE:THS, JSE:THA, OTC:TIHRF) CEO Phoevos Pouroulis speaks to Thomas Warner from Proactive after the mining company published its annual report for a 2023 characterised by challenges not only for Tharisa but for the wider platinum group metals (PGM) sector. Pouroulis discusses what he has called the company's resilience amid a challenging year marked by weather impacts, declining platinum group metals (PGM) prices, and South African infrastructure issues. Despite these challenges, Tharisa maintained steady chrome production at 1.58 million tonnes, benefiting from a 25% increase in prices of the metal. The company navigated electricity and logistics problems, ensuring timely delivery to customers and achieving a healthy return despite the lower earnings from PGMs. Pouroulis highlights Tharisa's adaptability and strategic focus on co-producing PGM and chrome concentrates. Addressing the lengthening of the Karo platinum project timescale, he expresses cautious optimism for the PGM market's recovery, citing potential global economic shifts and growing recognition of mining's role in sustainable development. Financially, he says Tharisa boasts a strong balance sheet with over $269 million in cash and equivalents, enabling investment in current operations, technological advancements, and consistent dividend payments since 2016. Pouroulis also reveals Tharisa's focus on innovation through subsidiary Redox One, developing grid-scale energy storage solutions using chrome and iron from Tharisa mines. This development aligns with the company's commitment to a circular economy and addresses broader energy storage needs. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

December 14, 2023 09:00 AM Eastern Standard Time

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El Salvador To Provide Visas With Crypto Contributions; Altcoin Hype Grows With Dogecoin (DOGE), Meme Moguls (MGLS) and Floki (FLOKI)

Total Media

Tether recently announced that El Salvador will offer visas in exchange for cryptocurrency contributions. This is a significant leap forward in global crypto adoption, which made many altcoins like Dogecoin (DOGE) and Floki (FLOKI) soar. However, one new ICO currently in Stage 1 of its presale is also making headlines - Meme Moguls (MGLS). With a projected surge of 100x in 2024, let’s look at all three of these tokens and what makes MGLS stand out. >>Buy Meme Moguls Today<< How High Will Dogecoin Go? According to crypto analyst Crypto Bullish, Dogecoin (DOGE) recently surpassed the $0.10 milestone. Most importantly, the Dogecoin price hit this mark on the same day as its 10th anniversary, December 6. After this surge, DOGE managed to maintain this level, and it now trades at $0.1006 on December 9. This bullish trend may continue when we look at the Dogecoin technical analysis. Over 25 technical indicators for it are flashing green signals, while this altcoin has experienced 20 positive trading days in the last month. These are great bullish signs, and experts have taken notice. They forecast a potential price surge to $0.1045 before 2023 ends. This Dogecoin price prediction makes DOGE a good altcoin to watch. Meme Moguls: The Top Crypto To Buy According to Statista, the meme industry value is expected to grow to $6.1B by 2025. While there are currently numerous meme-tokens, they may not match Meme Moguls (MGLS). Some experts have labeled it as the best crypto investment anyone can make at the moment. Essentially, Meme Moguls will introduce a one-of-a-kind play-to-earn game where you can learn the delicate art of investing and wealth-building. As a noteworthy feature, you may even compete against other traders in an exciting head-to-head battle with a “winner-takes-all” scenario. The primary rewards for this will be meme assets. The crypto community is excited about this play-to-earn token with utility as a meme coin. This frenzy is evident as over $178,000 USDT has been raised so far in Stage 1 of its presale. One MGLS now costs only $0.0021, but obtaining it will bring you many perks. For instance, you can stake your tokens for significant rewards and gain governance. If Meme Moguls gains the adoption it deserves as a project that will bring something never-before-seen, experts predict a 100x growth to $0.19 in 2024. Those who purchase it now will capitalize on this growth while obtaining a 30% deposit bonus. If you are active on the Meme Moguls X account, you will also participate in a $10,000 giveaway at the end of each presale stage. Floki (FLOKI): Reveals Valhalla Gameplay Floki (FLOKI) recently revealed the open-world gameplay for Valhalla, its new NFT metaverse game. This gameplay showcased many exciting game aspects like the daily quests, world exploration, and more. After this Floki news, its price increased from $0.00004029 on December 8 to $0.00004146 on December 9. Moreover, this Floki price may continue rising if we look at the technical analysis. It is now trading above its 50 and 100-day EMAs while also showing 26 technical indicators in the green. Market analysts have taken note of all these developments when making their Floki price predictions. Therefore, they foresee a potential rise to $0.00004608 before 2023 finishes for this altcoin. Crypto’s Evolution and Excitement As El Salvador pioneers a crypto-centric visa program, altcoins like Dogecoin, Meme Moguls, and Floki will gain traction. However, Meme Moguls will stand out with real utility (governance and as in-game currency), while Dogecoin and Floki are solely hype-based. Moreover, its low market cap means it will surge faster than its rivals as fewer new funds are needed. Therefore, Meme Moguls is the top crypto to buy right now. Visit Meme Moguls Contact Details Total Media Solutions media@Totalsolutionspr.io

December 14, 2023 09:00 AM Eastern Standard Time

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Power Metal Resources CEO lays out timeline for early 2024

Power Metal Resources PLC

Power Metal Resources PLC (AIM:POW) CEO Sean Wade speaks to Thomas Warner from Proactive after the metals exploration company announced two major developments: the confirmation of a drill contract for a campaign at the Molopo Farms Complex Project in Botswana as well as advancements in the Uranium Energy Exploration (UEE) IPO. Wade details the company's strategy with the Molopo drill project, emphasising a meticulous approach in geophysical mapping and data analysis to target the T1-14 area effectively. He explains the complexities and costs of exploration programs, underlining the importance of thorough preparatory work to maximise the chances of discovery. The upcoming drill program, spanning weeks to months, will delve into 800m of depth, with initial visual analysis providing insights before lab results. The CEO also discussed the significant step forward represented by the UEE IPO. The pre-IPO financing raised over £420,000, despite challenging market conditions, setting the stage for a more substantial capital raise in the new year. This move demonstrates Power Metal Resources' dual strategy: prioritising high-priority exploration projects while also employing a 'merchant bank' model to crystallise value for shareholders through capital market activities. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

December 14, 2023 08:52 AM Eastern Standard Time

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EOS Network Announces Strategic Partnership with ESCC to Bolster the EOS Stablecoin Ecosystem

EOS Network Foundation

EOS Network Announces Strategic Partnership with ESCC to Bolster the EOS Stablecoin Ecosystem EOS Labs and EOS Network Foundation (ENF), stewards of the EOS Network, are proud to announce a strategic partnership with the EOS Stable Coin Chain (ESCC), a groundbreaking Ethereum-based blockchain deployed as a smart contract on the EOS Network using a customized implementation of the EOS EVM architecture. The partnership aims to advance the EOS ecosystem by providing an optimized platform for high-speed compliant stablecoin transactions. Together, they will offer a specialized and efficient solution for handling stablecoins, which is expected to bring significant enhancements to the EOS ecosystem. "Collaborating with EOS Labs and the ENF is a significant milestone for ESCC,” said Hiroaki Yamasaki, CEO at ESCC. “By being the first blockchain architecture of its kind to use stablecoins as gas fees, we are offering a unique experience to our users, distinct from any other blockchain platform. This innovation is set to transform user interactions within the blockchain space, providing a blend of stability, efficiency, and user-centric design.” Enhanced Transaction Efficiency for Stablecoins The integration of ESCC into the EOS ecosystem is poised to revolutionize the stablecoin transaction landscape. Leveraging the high-performance capabilities of EOS EVM technology, this collaboration is expected to deliver unprecedented transaction efficiency. Key performance metrics underscore this advancement: Lightning Speed: ESCC achieves rapid processing with 1-second block intervals, drastically reducing transaction times. Low Gas Fee: Transaction costs are remarkably low at approximately 0.005 USD per transaction, making stablecoin transactions more accessible and cost-effective. High Throughput: The system can handle over 950 swaps per second, demonstrating a remarkable capacity for high-volume transaction processing compared to other technologies. "ESCC serves as a prime illustration of how EOS EVM is extending its reach into enterprise-level ecosystem applications, highlighting the strengths of its technical design,” said Huaqiang Wen, Founder and CEO of EOS Labs. “This advancement is pivotal in facilitating the roll-out and execution of more enterprise-oriented applications within the EOS ecosystem.” Innovation in Financial Transactions The collaboration between EOS Labs, EOS Network Foundation and ESCC is set to leverage the cutting-edge EOS EVM architecture to bring about transformative changes in financial transactions on the blockchain. A key innovation lies in ESCC's novel approach of utilizing stablecoins for gas fees. This technical advancement is made possible by the seamless integration of EOS EVM, which allows the system to process transactions in a manner that's both familiar to Ethereum developers and optimized for the user experience. By using stablecoins for transaction costs, ESCC drastically enhances cost predictability and mitigates the traditional volatility associated with cryptocurrency-based gas fees. "Integrating compliance and adopting stablecoins for transaction fees on ESCC is a pivotal innovation that reshapes how we approach blockchain efficiency and creates new avenues for development,” stated Yves La Rose, Founder and CEO of the EOS Network Foundation. “This initiative reflects more than just a boost to our network's functionality; it underscores our dedication to pioneering new solutions and our agility in responding to the dynamic landscape of the blockchain sector." Development of Customizable Blockchain Solutions ESCC's partnership with the EOS Network leverages its flexible architecture, accommodating both open and regulated stablecoin environments, including intricate KYC processes. This aligns with the EOS Network’s goal of offering versatile, compliant blockchain solutions. The adaptable structure of ESCC is ideal for a variety of stablecoin applications, ranging from DeFi to regulated financial systems, demonstrating its ability to meet diverse industry needs. This collaboration marks a significant step forward in providing scalable and compliant blockchain solutions for different stablecoin use cases. Seamless EOS and Ethereum Ecosystem Compatibility The integration of EOS EVM technology within the ESCC framework is a pivotal element of this partnership. It not only enriches the EOS ecosystem, but also effectively bridges the gap with the Ethereum ecosystem. This integration facilitates greater interoperability between the two platforms, enabling developers to utilize Ethereum's Solidity programming language and existing development tools within the EOS environment. The EOS EVM's compatibility feature is particularly advantageous for EVM developers, as it allows them to seamlessly migrate and deploy their existing EVM-based applications on ESCC. This opens up new avenues for developer engagement and innovation, leveraging the strengths of both EOS and Ethereum technologies to create a more inclusive and versatile blockchain ecosystem. About EOS Network The EOS Network is a 3rd generation blockchain operating system powered by a low-latency, highly performant, and extensible WebAssembly engine for deterministic execution of near feeless transactions; purpose-built for enabling optimal Web3 user and developer experiences. The network features an enterprise grade Ethereum Virtual Machine housed within an EOS smart contract that offers feature parity to Ethereum with unmatched speed, performance and compatibility, connecting the EOS Network to the Ethereum ecosystem. About ESCC The EOS Stable Coin Chain (ESCC) stands out in the blockchain landscape as a specialized solution for stablecoin transactions. Combining the EOS native system's high performance with the EOS EVM architecture's compatibility advantages, ESCC focuses on efficiently processing stablecoin transactions. Its approach to using stablecoins as gas fees represents a groundbreaking step in mitigating the volatility often associated with digital currency transactions. Contact Details Zack Gall zack.gall@eosnetwork.com Company Website https://eosnetwork.com/

December 14, 2023 08:41 AM Eastern Standard Time

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Growing Investments Send Canada’s Nuclear Industry Into the Spotlight

MarketJar

Small Modular Reactors (SMRs) and nuclear technology have been attracting increasing attention and funding for their potential in addressing energy needs and reducing carbon emissions. X-Energy Reactor Company, a developer of advanced SMRs and fuel technology for clean energy, just concluded its Series C financing round, securing an additional $80 million in funding and bringing the total to $235 million. 1 Key investors include Ares Management Corporation, founder Kam Ghaffarian, and others like Ontario Power Generation. Last week, the Canadian government announced plans to substantially increase its nuclear energy production, signing a pledge to triple its nuclear capacity by 2050 alongside 22 other countries at the COP28 United Nations Climate Change Conference in the United Arab Emirates. Canada's federal government has already made investments into the space, including C$74 million ($55 million) to support SaskPower's potential deployment of a 300-MW small modular reactor in the mid-2030s. 2 Natural Resources Canada confirmed that up to C$50 million will be allocated to SaskPower from the Electricity Predevelopment Program's C$250 million fund. Another C$24 million will be committed to the provincial government of Saskatchewan from the Future Electricity Fund (FEF) by Environment and Climate Change Canada (ECCC). In June 2022, SaskPower chose GE Hitachi Nuclear Energy's BWRX-300 SMR technology for the province's first two potential nuclear units, shortlisting study areas in Elbow and Estevan. SaskPower's proposed SMR, if built, will mark the province's first commercial nuclear project. This initiative is poised to boost the demand for locally sourced uranium, capitalizing on the province's standing as a top uranium producer. The Athabasca Basin in northern Saskatchewan is home to some of the richest uranium mines globally, containing significant and high-grade uranium deposits. It is expected to contribute approximately 15% to the annual global uranium production, with grades that surpass the global average by 10 to 20 times. One notable uranium exploration player in the Athabasca Basin is GoldMining Inc. (NYSE-A:GLDG), which boasts a robust portfolio of projects, substantial cash reserves amounting to $163 million, and a debt-free status. GoldMining's Bold Move in a Resurgent Uranium Market GoldMining 's business strategy revolves around acquiring high-quality resources at low costs and unlocking their value. The company, financially robust with no debt and over $160 million in cash and equity holdings, is well-positioned for growth. Management and insiders, holding about 15% of the company, align their interests with shareholders, presenting a promising opportunity for investors in a market where gold's value is on the rise. The presence of renowned names like David Garofalo, Warren Gilman, Rick Rule, and Doug Casey in the shareholder registry further enhances the company’s credibility. GoldMining Inc. (NYSE-A:GLDG) differentiates itself by valuing underappreciated companies, with a focus on Enterprise Value (EV), as highlighted in a recent report by CarbonCredits.com. Despite a market-attributed EV of only $29 million for all its assets, GoldMining holds substantial resources, including the La Mina gold deposit valued at $369 million and a 75% stake in the Rea uranium project in partnership with major uranium producer Orano. GoldMining Inc. (NYSE-A:GLDG) is gearing up for a renewed phase of exploration at the Rea Uranium Project, situated in the prolific Western Athabasca Basin in Canada. 3 Covering approximately 125,328 hectares, GoldMining ’s Rea Uranium Project strategically surrounds Orano's high-grade Dragon Lake deposit, placing it in a prime location near world-class uranium reserves. The Rea Project is entering the scene amid a robust uranium market, with uranium spot hitting $85 per pound, the highest in 15 years. This surge positions uranium as the leading performer among energy commodities in 2023, underscoring the project's potential in a strong market. Its proximity to significant uranium developments such as Fission Uranium's Triple R and NexGen Energy's Arrow deposits further solidifies its appeal, emphasizing its potential in a region known for high-grade uranium. Acquired in 2013 as part of GoldMining 's takeover of Brazilian Gold Corporation, the Rea Project is situated in an historically underexplored area. However, recent high-grade discoveries in the nearby Patterson Lake area have reignited exploration interest in the region. The project's closeness to the shallow uranium mineralization at the Dragon Lake deposit, part of Orano’s Maybelle River project, enhances its exploration prospects. With a global resource base of 12.65 million ounces of gold (Measured and Indicated) and an additional 13.41 million ounces (Inferred), GoldMining strategically acquired assets at favorable prices, demonstrating a contrarian investment strategy. Operations span Brazil, Colombia, Peru, and North America, with significant stakes in Gold Royalty Corp, US GoldMining, and NevGold. For further details, click here to explore GoldMining Inc. (NYSE-A:GLDG). Footnotes: [1] https://x-energy.com/media/news-releases/x-energy-finalizes-235-million-series-c-financing [2] https://www.powermag.com/federal-funding-bolsters-saskatchewans-first-proposed-300-mw-nuclear-project/ [3] https://www.newswire.ca/news-releases/goldmining-to-advance-the-rea-uranium-project-one-of-the-largest-land-packages-in-western-athabasca-basin-canada-859037683.html Disclosure: 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, CarbonCredits.com. 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December 14, 2023 08:30 AM Eastern Standard Time

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