News Release
The Mothers’ Milk Bank Welcomes New CEO to Advance the Organization’s Mission to Enhance the Availability and Use of Safe Donor Human Milk for All Babies
Mothers' Milk Bank
The Mothers’ Milk Bank (MMB ), a California-based nonprofit and a leading provider of certified, safe, pasteurized donor human milk to all babies, today announced the appointment of Jennifer Benito-Kowalski as the organization's new Chief Executive Officer. With extensive experience in the nonprofit sector and a genuine passion for the organization's mission, Benito-Kowalski brings a wealth of knowledge and leadership to MMB. As the CEO, Benito-Kowalski will work to expand awareness and bolster support for MMB's mission within the postnatal community and beyond, as the organization prepares to mark its 50th anniversary in 2024. Founded in 1974, Mothers’ Milk Bank is the oldest nonprofit operating milk bank in North America, serving the state of California and other states in the U.S., including Hawaii and Alaska. The Milk Bank distributes safe donor human milk to more than 80% of California's NICUs and other hospitals. The Milk bank is a charter member of the Human Milk Banking Association of North America (HMBANA). Milk banks affiliated with HMBANA are certified safe and have a substantial legacy of meeting the needs of all vulnerable babies. The Milk Bank distributes more than 900,000 ounces of human milk to hospitals and outpatient families across the U.S. "I am both honored and excited to join Mothers’ Milk Bank as CEO," said Benito-Kowalski. "This organization has an incredible legacy of providing life-saving nutrition to infants and supporting families during their most vulnerable moments. I am committed to building upon this strong foundation and working collaboratively with MMB’s dedicated team to expand our reach, deepen our impact, and ensure that every baby has access to the vital nutrition they need to thrive." The Board of Directors of the Mother’s Milk Bank selected Benito-Kowalski from a broad field of candidates to lead the organization into a new era of growth and innovation. With her visionary leadership and passion for making a difference, Benito-Kowalski will address the organization’s strategic goals, which include increasing donor outreach and expanding community partnerships to serve more babies and their families. "We are thrilled to welcome Jennifer Benito-Kowalski as our new CEO," said Katie Anderson, chair of the MMB Board of Directors "Jennifer’s extensive experience, passion, and proven leadership make her the ideal candidate to bring MMB to the next level. Under her direction, we are poised for a promising future providing more life-saving nutrition to infants and supporting families to thrive." For more information about Mother’s Milk Bank, its services, or how to support its mission, please visit MothersMilk.org About The Mothers’ Milk Bank The Mothers’ Milk Bank is a leading nonprofit organization based in San Jose, California, dedicated to providing certified, donated human milk to all babies. The organization collects, pasteurizes, and distributes safe human milk to hospitals and families in need, ensuring that infants receive the essential nutrition required for optimal health and development. With a commitment to improving the lives of babies, Mothers’ Milk Bank plays a vital role in supporting families and advancing neonatal care across California and beyond. Contact Details Mothers' Milk Bank Angelica Rojas +1 831-800-5358 angelica.rojas@mothersmilk.org Company Website https://www.mothersmilk.org
August 16, 2023 11:00 AM Pacific Daylight Time
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News Release
Volt Resources completes Phase 1 feasibility study update for Bunyu Graphite Project
Volt Resources Ltd
Volt Resources CEO Prashant Chintawar joined Steve Darling from Proactive to share the company's Phase 1 Feasibility Study Update for the Bunyu Graphite Project in Tanzania. Chintawar explained that the Stage 1 graphite project aims to be established with relatively modest capital expenditure. This approach will enable Volt Resources to develop the necessary infrastructure, initiate graphite production at a rate of 24,780 tonnes per annum, generate initial revenues, and position Bunyu as a prominent global supplier of graphite products. The updated feasibility study indicates a capital expenditure of $33.1 million for the Stage 1 project. This investment is projected to yield a project lifespan of 13.7 years, almost double the duration of the previous study. These figures support a project that would generate a total EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of $169.6 million over the operating period, an internal rate of return (IRR) of 31.5% before tax, a net present value (NPV) of $58.9 million before tax, and a payback period of 2.9 years before tax. Upon successfully commissioning Bunyu Stage 1, Volt Resources intends to progress to Stage 2 later in the decade. The goal of Stage 2 is to leverage the foundation established by Stage 1 and capitalize on Bunyu's substantial graphite resource. This would lead to a substantial increase in production capacity, aiming to reach 170,000 tonnes per annum, which would align with the anticipated rise in global demand for graphite products. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com
August 16, 2023 01:46 PM Eastern Daylight Time
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Erdene Resource Development Corp reveals positive Feasibility update on Byan Khundii Project
Erdene Resource Development Corp
Erdene Resource Development Corp (TSX:ERD, OTC:ERDCF) CEO Peter Akerley joined Steve Darling from Proactive to share news the company has announced the results of an updated independent Feasibility Study for the open-pit Bayan Khundii Gold Project in southwest Mongolia. Akerley telling Proactive the numbers have been much improved including after-tax Net Present Value of 170 million (NPV5%) and 35.3% Internal Rate of Return, increasing to US$196 million and 38.95% IRR, respectively, at the current gold price of US$1,900/oz. Life of Mine Earnings Before Interest, Taxes and Depreciation of US$451 million, increasing to US$495 million at a US$1,900/oz gold price. Total recovered gold of 476,000 ounces, a 25% increase compared to the 2020 Feasibility Study from an average gold recovery rate of 93%. Measured and Indicated Resources of 674,700 ounces of gold at an average grade of 2.6 g/t gold, and 319,000 ounces of silver at an average grade of 1.38 g/t silver. The company also sees room for growth with adjacent high-grade resources and recent discoveries provide a high probability for expansion. The company, with its strategic alliance with MMC, Mongolia’s largest independent miner, is moving towards production. Early construction works are underway with the first gold and cash flow expected in 2025. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com
August 16, 2023 01:43 PM Eastern Daylight Time
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Copper-X Mining releases details for metallurgy testing at Jupiter Copper Project
Copper X Mining Inc.
Copper-X Mining CEO Peter Berdusco joined Steve Darling from Proactive to share significant news. The company has entered into an agreement for metallurgical testing of materials at the Jupiter Copper Project, a step crucial for its due diligence review process. Copper-X will provide samples for testing with the aim of assessing whether the ore from the Jupiter site can be efficiently extracted for copper using an environmentally friendly, single-step method. Berdusco explained that this extraction method involves a molten salt reaction followed by electrolysis within a single metal container. The upcoming metallurgical analyses will determine whether samples from the Jupiter site can be effectively separated and plated. The initial testing will also establish the appropriate size for comminution, utilizing three different crushed material sizes. Importantly, these tests will employ original samples from the Jupiter site, without any further upgrading beyond basic crushing. This approach will help determine whether the material is suitable for the direct extraction of copper. This strategic move underlines Copper-X Mining's commitment to responsible and efficient resource extraction, as well as its focus on due diligence to ensure the viability and sustainability of the Jupiter Copper Project. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com
August 16, 2023 01:35 PM Eastern Daylight Time
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News Release
Westwater Resources CCO Provides update on agreements with SK-On and Dainen Material
Westwater Resources Inc
Westwater Resources chief commercial officer Jon Jacobs joined Steve Darling from Proactive to discuss several significant developments within the company. Jacobs recently appeared in Charged EVs magazine, where he shared his insights regarding the Inflation Reduction Act and its implications for the battery industry. In the interview, Jacobs provided updates on the company's Joint Development Agreement with SK-On and a Letter of Intent with Dainen Material. He expressed satisfaction with the progress made with SK-On, indicating that material optimization based on testing feedback is underway, and discussions for off-take agreements are ongoing. Notably, Westwater Resources sent samples of their latest CSPG-10 and CSPG-18 materials to various companies across the US, Japan, Korea, the EU, and more. These companies are currently conducting tests, and feedback is expected in the coming months. Jacobs also delved into the Kellyton plant construction, a pivotal element in Westwater's supply chain strategy. He mentioned that the initial installation of micronizers and shaping mills has commenced, with purification and coating facilities to follow. Equipment installation is slated to commence later this year. The progress at the Kellyton plant signifies Westwater's commitment to supplying high-quality materials to cell manufacturers, further positioning the company as a prominent player in the battery industry's growth. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com
August 16, 2023 01:31 PM Eastern Daylight Time
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Tribe Property Technologies announces another key service to community with KnockNok partnership
Tribe Property Technologies Inc.
Tribe Property Technologies CEO Joseph Nakhla joined Steve Darling from Proactive with news that the company has unveiled a strategic collaboration with KnockNok, an innovative app dedicated to connecting individuals seeking home maintenance and repair services with skilled handymen. Nakhla highlighted that this partnership aims to establish a comprehensive solution catering to diverse household maintenance and repair needs. The app offers an array of over 50 services, encompassing tasks ranging from cleaning, appliance repairs, plumbing, and heating to various home improvement projects. Tribe's residents will enjoy exclusive benefits through this partnership, including preferential rates, enhanced care, priority service, and a 60-day warranty for all booked service requests made via the platform. The integration of KnockNok's services will be facilitated through the Tribe Market platform, a dynamic marketplace designed to enhance efficiency and financial convenience for residents of Tribe's multi-family communities. By expanding its offerings through collaborations like this, Tribe not only aims to streamline residents' lives but also benefits from compensation from partners for platform usage. Additionally, partners commit to extending unique offerings to Tribe's homeowners and tenants, capitalizing on Tribe's collective purchasing influence. This strategic partnership exemplifies Tribe Property Technologies' commitment to providing exceptional value and convenience to its community members. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com
August 16, 2023 01:25 PM Eastern Daylight Time
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ARway.ai secures paid pilot program with massive mall in Southern California
ARway
ARway.ai CEO Evan Gappelberg joined Steve Darling from Proactive to share news about the company's latest developments. ARway has secured a new paid pilot contract with a prominent lifestyle destination in Southern California, encompassing over 1.2 million square feet and featuring more than 130 stores, restaurants, and entertainment venues. Gappelberg explained that this pilot project involves navigation and augmented reality experiences within the expansive complex. The initial pilot program is slated to run for 90 days, and upon successful completion, it could pave the way for a full-scale rollout and the establishment of an annual six-figure contract. This partnership demonstrates ARway's potential to enhance the visitor experience and engagement at popular retail and entertainment hubs. Gappelberg further highlighted that ARway has been making significant strides in diversifying its clientele. The company has recently inked paid pilot agreements with esteemed entities, including a prominent brand design agency in India and a technology company based in the Middle East. These pilots, varying in cost from $5,000 to $15,000, are projected to last several months and are expected to evolve into annual sales contracts, showcasing ARway's growing market presence and commitment to delivering innovative AR solutions. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com
August 16, 2023 01:21 PM Eastern Daylight Time
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Odd Burger looking for major US expansion following deal signed in Washington State
Odd Burger Corporation
Odd Burger CEO James McInnes has announced the company's plans for expansion beyond Canada after signing a franchise deal in the United States. Odd Burger is a food technology company known for operating vegan fast-food restaurants and producing plant-based protein and dairy alternatives under the brand Preposterous Foods. The company's first franchise deal in the US involves the development of 20 Odd Burger locations in Washington State over the next 8 years. This expansion is part of Odd Burger's growth strategy, which involves partnering with area representatives for territory development in various states. The area representatives are individuals or entities familiar with the local market who can facilitate growth in those regions. Odd Burger intends to continue its expansion across the US through this territory development strategy. The company is actively seeking territory developers for numerous states, including Alabama, Alaska, Arizona, Arkansas, Colorado, Delaware, District of Columbia, Florida, Idaho, Iowa, Kansas, Massachusetts, Mississippi, Missouri, Montana, Nevada, New Hampshire, New Jersey, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Utah, Vermont, West Virginia, and Wyoming. By partnering with local experts through Area Representatives, Odd Burger aims to establish a strong presence and grow its brand in various markets across the US. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com
August 16, 2023 01:18 PM Eastern Daylight Time
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Stelar Metals talks high-grade lithium rock chips from Trident
Stelar Metals Ltd
Stelar Metals Ltd (ASX:SLB) CEO Colin Skidmore tells Proactive the company has completed a successful reconnaissance sampling program over its newly acquired Trident Lithium Project near Broken Hill in NSW, strongly establishing the prospectivity of the tenure with rock chip and soil sample results of more than 5% and 1,756 parts per million (ppm) lithium respectively. The samples were taken from the historical pegmatite mine at Trident in July with five of seven rock chips returning very high lithium results in excess of 5%. The company has completed independent Environmental, Cultural and Heritage Assessments in preparation for an inaugural drill program which Stelar will begin in the coming months, subject to approvals. Stelar is also progressing soil samples at 10-metre spacing over Trident, with about 50% of planned samples collected. SLB is mapping the other abundant pegmatites and historical lithium mines in the local area and will expand mapping over the large 20-kilometre by 10-kilometre pegmatite system over time. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com
August 16, 2023 01:15 PM Eastern Daylight Time
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