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Forte Minerals acquires game-changing Altar Project in Peru - PDAC 2024

Forte Minerals Corp.

Forte Minerals Corp (CSE:CUAU, OTCQB:FOMNF) CEO Patrick Elliot tells Proactive's Angela Harmantas that the company, has made a landmark acquisition, solidifying its position in the Peruvian mining sector. During PDAC 2024, Elliot revealed the strategic acquisition of the Altar Project, a gold exploration site adjacent to Barrick's renowned Pierina mine. This move marks a culmination of 12 years of diligent efforts by Forte's project generator, Globetrotters, showcasing their prowess in navigating the competitive landscape and governmental negotiations to secure 100% control of this high-potential area. Discovered in the late '90s by Buena Ventura, the Altar Project's initial explorations indicated significant gold deposits, with the first drilled hole yielding 131 metres of 2.55 grams of gold from the surface. Such findings underscore the site's potential to host a major sulfidation system akin to that exploited by Barrick for over two decades. Elliot's vision for Forte Minerals involves leveraging Peru's underexplored terrains to uncover tier-one assets, bolstered by a top-tier exploration and governance team. The acquisition is not just an addition to Forte's portfolio but a transformational deal set to expedite the company's mission in Peru. Elliot says the strategy involves immediate social engagement and commencement of the permitting process, reflecting a deep commitment to sustainable and cooperative community relations. This approach, inspired by Barrick's longstanding success in the region, aims to replicate such symbiotic partnerships. Contact Details Proactive Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

March 18, 2024 07:57 AM Eastern Daylight Time

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Frontier IP returns to profit with strategic portfolio advances

Frontier IP Group PLC

Frontier IP Group PLC (AIM:FIPP) CEO Neil Crabb discusses the company's interim results in an interview with Proactive's Stephen Gunnion, highlighting a return to profitability and a good performance despite challenging market conditions. The firm reported a profit of £1.4 million in the first half, attributed to the rising value of its portfolio, primarily driven by external fundings. Additionally, the company successfully exited its investment in CNT, realising a substantial return of approximately £14 million from an initial book cost of less than £2,000, demonstrating the potential of its model for long-term shareholder value. The interview also covered the potential IPO of Alusid, a company focused on producing green tiles from recycled materials, indicating significant commercial traction and partnerships, including with Starbucks. This development is seen as pivotal for Alusid's growth and potential market readiness. Furthermore, Crabb outlined the progress and prospects of other portfolio companies, including significant investments in companies like Camgraphic, focused on enhancing photonic performance using graphene, and Pulsiv, which is innovating in power conversion technology. These developments are aimed at addressing the increasing demand for more efficient and scalable technologies across various sectors. Despite the expectation of continued market difficulties, Crabb believes Frontier IP's focus on innovation, cost reduction, and scalability, particularly in manufacturing, positions the company well for future growth. The portfolio's strategy involves leveraging existing infrastructure to expedite market scaling, which is seen as an advantage in the current economic climate. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

March 18, 2024 07:54 AM Eastern Daylight Time

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NextEnergy Solar Fund unveils significant solar farm energisations and growth prospects

NextEnergy Solar Fund Ltd

NextEnergy Capital Investment Director and UK Legal Counsel Stephen Rosser joins Proactive's Stephen Gunnion with details of NextEnergy Solar Fund's first two international solar co-investments in collaboration with NextPower III ESG (NPIII ESG). Rosser oversees the daily operations of the NextEnergy Solar Fund Ltd (LSE:NESF), a part of the FTSE 250 index, working closely with the CEO, CIO, and the investment committee. NextEnergy Capital recently announced the energisation of two solar farms in Europe, adding to the NextEnergy Solar Fund's installed capacity, now totalling 979 megawatts (MW). These farms are located in Santarém, Portugal (210MW) and Cadiz, Spain (50MW), marking a significant step in diversifying revenues and enhancing the fund's installed capacity. The fund owns a 6.21% stake in Next Power III ESG, a private firm focusing on international solar infrastructure, offering diversification and exposure to growth in international solar markets without fees. Rosser said NextEnergy Solar Fund is poised for further growth, with the impending operation of its largest grid-scale battery in Scotland, anticipated to push its installed capacity over one gigawatt. This milestone will make it the first specialist solar and storage fund to achieve such a feat. Despite trading at a discount to its net asset value, he pointed out that the fund offers one of the highest dividend yields in its peer group, supported by a large portfolio of operational assets. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

March 18, 2024 07:52 AM Eastern Daylight Time

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Finixio Partners With Juice Academy To Give Aspiring Journalists Top Apprenticeships

Finance News

Digital marketing agency Finixio are joining forces with Juice Academy to find and nurture the next best digital marketers in the UK. Finixio provides the apprentice with on-the-job work experience, while Juice Academy provides them with the 20% of classroom-based learning to get their nationally recognised qualification. In an age of worries around AI content and dwindling job opportunities for aspiring digital marketers, the Finxio and Juice Academy partnership couldn't come at a better time. Companies are cutting costs which means jobs have been lost, with some even going as far as shutting down websites like Vice Media, but Finixio are an outlier in the industry as they continue their recruitment push. The apprentice will get first hand experience in content creation and marketing from Finxio, who have an excellent track record of delivering top quality content to its clients in a variety of verticals such as gaming, cryptocurrency and finance. This will also allow Finixio to give opportunities to individuals who may have struggled to get their foot in the door of the content world, or people who fancy a change of career. Having a selection of apprentices from different backgrounds further pushes Finixio’s desire to expand their already diverse team of 300+ employees with new talent. And with over 10 years experience in producing quality candidates for employers, the Manchester-based Juice Academy will be able to provide the next best in marketing talent to Finixio. Contact Details Finixio Finixio PR Team pr@finixio.com Company Website https://finixio.com/

March 18, 2024 07:23 AM Eastern Daylight Time

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Abingdon Health CEO discusses strong interim results, robust pipeline and growth strategy

Abingdon Health PLC

Abingdon Health PLC (AIM:ABDX) CEO and co-founder Chris Yates discusses the company's interim results and business operations in an interview with Proactive's Stephen Gunnion. Abingdon Health is a lateral flow, contract development, and manufacturing organisation (CDMO), supporting customers from product ideation to commercial success. It offers services including development, scale-up manufacturing, regulatory and analytical laboratory provision, and packaging. Yates said a 117% revenue increase to £2.4 million during the interim period was primarily driven by its CDMO division. This growth was attributed to increases in development, operational revenues, and the emergence of regulatory area revenues. Despite an inflationary environment, Abingdon Health managed to maintain stable operating costs, resulting in improved gross margins to over 50%. The company has a robust opportunity pipeline with 29 ongoing projects, emphasizing its fully integrated solution's appeal to customers. Yates also highlighted a good start to the second half of the year, with revenues expected to grow significantly while controlling costs to enhance operating profit performance. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

March 18, 2024 07:10 AM Eastern Daylight Time

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Faron Pharmaceuticals reports promising phase 1 results from BEXMAB study

Faron Pharmaceuticals Oy

Faron Pharmaceuticals Limited (AIM:FARN) chief executive Dr Markku Jalkanen joins Proactive's Stephen Gunnion with additional positive data from the Phase 1 study of the ongoing bexmarilimab (BEXMAB) trial that has moved into Phase 2 for higher-risk (HR) myelodysplastic syndrome (MDS) patients failed on previous hypomethylating agent (HMA). Dr Jalkanen said the study demonstrated promising results in reducing cancer cells and extending life expectancy in patients. He highlighted the durability and effectiveness of the treatment, particularly in patients with a severe form of myeloid leukemia called MDS, where current treatment options are limited. Dr Jalkanen said the Phase 1 results showed a high overall response rate and an extended overall survival rate among patients, which could lead to a new treatment option for an underserved patient population. He emphasized the importance of continuing the study and engaging with regulators to bring the treatment to market as swiftly as possible. He also noted the potential for increased interest from other pharmaceutical companies based on the positive data released. Faron Pharmaceuticals has moved to the Phase 2 part of the study, focusing on finalising dosing and drug levels as per FDA guidance. The goal is to establish a clear pathway to market approval. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

March 18, 2024 07:02 AM Eastern Daylight Time

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Celsius Resources secures key mining permit for MCB project, eyes sustainable development

CELSIUS RESOURCES LIMITED

Celsius Resources Ltd (ASX:CLA, AIM:CLA) managing director Peter Hume tells Proactive's Stephen Gunnion the company has achieved a significant milestone by being granted a mining permit for the MCB project, marking a pivotal transition from exploration to mineral resource development. This permit, valid for 25 years and renewable for a further 25, encompasses extensive exploration and development rights within the project area. The MCB project is located in the Philippines and is known for its high-grade copper porphyry, boasting an estimated resource of 300 million tonnes at an average grade of over 1% copper, alongside gold, for the first ten years of mining. The project is set to implement sustainable mining practices, including a paste and hydraulic backfill and dry stacking methodology, due to its lack of acid mine drainage. The permit also delineates responsibilities for sustainable development and environmental, social, and governance (ESG) aspects. Following the permit's issuance, Hume said Celsius Resources will focus on compliance activities, securing financing from interested parties previously awaiting permit approval, and proceeding with detailed project planning and further permitting for construction activities. Hume also discussed the promising outlook for copper prices, influenced by global environmental initiatives, forecasting a price range between $13,000 to $15,000 per tonne, though with a cautious perspective on the upper limits of market predictions. Contact Details Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

March 18, 2024 06:55 AM Eastern Daylight Time

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5 Top Crypto Presales to Invest in 2024 (March Updated)

Spark Metro

The cryptocurrency world acts as a breeding ground for fresh concepts, with new and innovative ideas and real-life use cases that can change the world. As a crypto-enthusiast or investor, it isn't easy to analyze each of the Top Crypto Presales to Invest in 2024 and make an investment decision at the right time. Crypto pre-sales are an exciting opportunity. These early funding stages offer investors a chance to enter promising crypto projects at discounted prices, potentially earning substantial profits when the tokens are listed on the Crypto exchanges. Are you intrigued by the gains that a crypto presale can offer? Do you want to learn about the best presale options currently available in the crypto world? Then read this article and explore 5 of the hottest crypto presales in 2024! 5 Top Crypto Presales to Invest in 2024 Here are the List of 5 Top Crypto Presales you must invest in 2024! 5thScape X Mining WESP Yotta Chancer Let's dive deeper into these 5 Top Crypto Presales to Invest in 2024 and understand how they are trying to establish themselves in the crypto market! We would also study why investors should consider presales as an ideal investment option. 1. 5thScape The ambitious vision behind the 5thScape project is to build an all-encompassing VR ecosystem with immersive gaming experiences, entertainment options, and educational programs. The ongoing crypto presale offer of the 5SCAPE tokens offers investors a chance to grab this ecosystem’s “lifeblood” tokens at affordable pricing. With the VR industry gaining a broader market space, the 5thScape’s VR ecosystem will set its 5SCAPE utility token up as a hot commodity in the crypto market. 2. X Mining The X Mining project is for all those crypto-enthusiasts who want to get into crypto token mining but find it too complex! This project will change how people mine crypto tokens by allowing its users to mine them using readily available computing power. With a project like X Mining, anyone can become a crypto miner, whether they have technical expertise or not! This inclusivity and the potential for consistent earnings makes X Mining a presale worth considering. 3. WESP The WESP platform offers a multi-layered, AI-powered experience unlike anything before. With a built-in app store, WESP promises a world of striking possibilities and engaging interactions. Their goal? To make the metaverse accessible for all. WESP removes the technical obstacles for an individual getting into the metaverse. The user-friendly platform includes automated building design tools and facial recognition avatar creation. Their presale provides investors access to WESP tokens. As an ERC-20 token, the WESP utility token will fuel transactions and interconnections within the WESP ecosystem. 4. Yotta Can a crypto project take serious initiatives that could be the need of the hour, like saving our planet? At least the Yotta project has taken this responsibility on its shoulders! With a noble cause to save Earth, Yotta is committed to contributing to sustainability and has a long list of policies they adhere to. This presale is bringing the YOTTA tokens to the crypto space. These tokens are the key to the Yotta platform, functioning as currency for purchases, offering benefits for holding them, and even rewarding holders with a portion of the profits generated by the platform. 5. Chancer The crypto space doesn't have to be all serious business. Chancer injects a dose of fun with its presale offering for its utility token, CHNC. With this token, you can make P2P (peer-to-peer) bets on exciting events like the FIFA World Cup. You can also make casual bets among your friends and have enjoyable, lighthearted moments within the platform. Why Investors Should Consider Presales as an Ideal Investment Option: Crypto tokens presales offer several unique advantages for investors. Here are a few key reasons to consider participating in the top crypto presales: Early Access & Lower Costs: Presales typically offer tokens at a discounted price compared to their future exchange listing. This allows investors to get in on the ground floor with potentially higher returns. Project Discovery: Presales provide a window into the future of blockchain technology. By exploring presales, you can identify promising projects with the potential to disrupt various industries. Community Building: Participating in a presale often grants a project's dedicated community access. This lets investors connect with like-minded people and stay informed about the project's progress. Why We Believe In 5thScape Presale Among the presales discussed in this article, 5thScape stands out for its focus on building a comprehensive VR ecosystem. With the virtual reality market set for explosive growth, 5SCAPE tokens have the potential to become a valuable asset within this growing space. Final Words on Top Crypto Presales to Invest in 2024 Crypto presales are as exciting as possible, encompassing more thrill than traditional crypto investments. By keeping a keen eye on these early funding stages, you can unearth the next generation of groundbreaking "gems" - the top crypto projects and unlock the potential for significant returns. Remember, the key is to go through a series of research on a crypto token and choose projects aligning with your investment goals and risk appetite. So, dive into the exciting world of presales and be a part of shaping the future of cryptocurrency! Contact Details Newsjani Alex +1 302-597-6768 Apexreviews154@gmail.com Company Website https://newsjani.com/best-crypto-presales-to-buy/

March 16, 2024 01:52 PM Eastern Daylight Time

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BOJACK: Solana's New Meme Coin Joins BOME and DOGWIFHAT Family

Crypto Updates

In the dynamic world of cryptocurrency, meme coins are transforming from simple internet humor to serious investment opportunities. Amidst this shift, the Solana blockchain stands out for its rapid transactions and minimal fees, recently reclaiming the spotlight not only for its technical achievements but as a fertile ground for meme coin innovation. Surpassing a market cap of $80 billion, a milestone last achieved in 2021, and with the SOL price now around $190 despite an increase in supply due to staking inflation, Solana's ecosystem is more vibrant than ever. Solana's meme coin allure was sparked by BONK, WIF, and the newly launched BOME, each contributing to the creation of crypto millionaires. These tokens demonstrate the unpredictable yet enthralling world of meme-based digital assets that have secured their place in the market. Notably, WIF Coin (Dogwifhat) has rapidly climbed the ranks to become the fourth largest meme coin by market cap, surpassing competitors like FLOKI. With average daily trading volume that almost surpassed $1 billion, the popularity of WIF highlights the intense interest that meme coins can generate. BOJACK: Solana’s Newly Lauched Meme Coin Amidst growing interest and speculative investments in meme coins, BOJACK emerges as a fresh contender, aiming to redefine the landscape. Launching on Solana, BOJACK seeks to be the blockchain's defining horse mascot. With 65% of its tokens allocated to a presale and 35% to liquidity pools, this initiative emphasizes community engagement and market stability, notably avoiding any team or insiders tokens to ensure a completely community-driven project. BOJACK will be automatically listed by presale contract on Raydium, Solana’s top decentralized exchange (DEX), with a relatively small initial market cap. This scenario presents a unique opportunity for substantial upside potential. Such an introduction to the market is set to attract a wide array of investors, from the seasoned to the newcomers, by offering the chance for rapid value appreciation in the early stages of listing. With its novel theme and community focus, BOJACK is positioned as a meme coin with significant growth prospects, ready to make a profound impact on the Solana ecosystem and beyond. The rapid listing of meme coins like WIF, BONK, and BOME on major exchanges, including Binance, has propelled their success, showcasing the crypto industry's willingness to support these novel assets. BOME's Explosive Launch The launch of the Book of Meme ( BOME ) captivated audiences, with its value increasing twentyfold within hours and nearing a market cap of $400 million. Created by Darkfarms, known for the Pepe meme, BOME's presale far exceeded expectations, highlighting the unique blend of culture and finance that meme coins embody. BONK, in particular, initiated a significant bull run on Solana, its strategic airdrop boosting its value and playing a key role in the adoption of Solana Phone, marking a pivotal moment in the integration of blockchain technology with everyday technology. The Solana blockchain, chosen for its high throughput and low transaction fees, serves as the perfect foundation for meme coins like WIF, BoJack. This choice reflects a growing trend among new cryptocurrencies to seek out alternatives to the Ethereum network, which, despite its popularity, has been criticized for high gas fees and slower transaction times during peak periods. Solana's capability to process thousands of transactions per second at a fraction of the cost makes it an attractive option for meme coins, aiming for widespread adoption and use. The information presented in this article is not intended to serve as investment, financial, or trading advice. It is strongly advised to conduct your own due diligence and consult with a professional financial advisor before making any investment decisions. Contact Details Crypto Updates hello@cryptoupdates.co

March 16, 2024 09:48 AM Eastern Daylight Time

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