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Substrate Artificial Intelligence attracts first institutional investor during "great year"

Substrate Artificial Intelligence

Substrate Artificial Intelligence (AQSE:SAI.B, OTCQB:SUIAF) CEO José Iván García and Chairman Lorenzo Serratosa speak to Thomas Warner from Proactive after the Spanish AI company announced it has received €2 million in new investment from IMPULSE Tech Transfer, a venture capital fund. Also part of the deal, IMPULSE gets to name a director to Substrate's supervisory board. García explains that IMPULSE is Substrate's first institutional investor and says its a "great opportunity" for the company and hopefully the first of many. Reflecting on a 2023 that he describes as a "great year" for Substrate, Serratosa highlights the company's solid growth, with a 150% increase in revenues to €6.5mln. This achievement is particularly notable given the company's status as a relatively small player in the AI industry, especially within the Spanish market. Substrate AI's aggressive expansion strategy included acquiring four companies, further diversifying its portfolio and solidifying its presence in the European AI sector. Looking ahead to 2024, the company aims to continue its growth trajectory, targeting a 100% revenue increase to an estimated €13mln. This ambitious goal is supported by a focus on micro M&A and exploring new opportunities to enhance its competitive edge in AI. Contact Details Proactive UK Ltd Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

December 21, 2023 07:50 AM Eastern Standard Time

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Adriatic Metals updates ore reserve estimates at Rupice and looks ahead to 2024

Adriatic Metals PLC

Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) General Manager of Corporate Development Klara Kaczmarek speaks to Thomas Warner from Proactive after the precious and base metals explorer and developer released an updated ore reserve estimate for its 100%-owned Rupice silver-zinc-lead-gold deposit in Bosnia & Herzegovina. Adriatic Metals has announced a significant 89% increase in its ore reserve estimates, rising from 7.3 million tonnes in July 2021 to 13.8 million tonnes today. This update includes reserves from both Rupice and Rupice Northwest, marking a substantial growth for the company. Kaczmarek emphasises the increased life of mine from 10 to 18 years, demonstrating the company's potential for further extension through ongoing exploration and drilling programs. She mentions plans to announce more increases in resources and reserves in the first half of the next year. This advancement underlines Adriatic Metals' commitment to longevity and sustainability in the mining sector. Looking ahead to 2024, Kaczmarek reveals more about Adriatic Metals' plans, including initiating first concentrate production in January and ramping up to nameplate capacity. The company also aims to study potential increases in capacity from 800,000 tonnes per annum to over a million tonnes. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

December 21, 2023 07:46 AM Eastern Standard Time

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Bitget to Co-Host Innovation Tuesday at Web3 Hub Davos With CV Labs

Bitget

Chainwire Bitget, the world's leading cryptocurrency exchange and Web3 company, is proud to announce its collaboration with CV Labs to co-host Innovation Tuesday at the Web3 Hub Davos. Taking place from 15-18 January in Davos, the Web3 Hub will gather the world's top minds to discuss the importance of Web3 space and blockchain technology's impact across industries. Bitget will host Innovation Tuesday of the Web3 Hub Davos event, with a dedicated session focusing on how industry stakeholders can leverage the transformative power of blockchain technology and cryptocurrency to promote greater financial inclusion and empowerment for all individuals, regardless of gender or financial status. The highly anticipated event promises to provide a unique and unparalleled experience, designed to deepen the dialogue surrounding financial inclusivity, gender equity, and the transformational power of Web3 technologies across the globe. All global bodies now recognize that financial inclusivity is necessary to ensure economic resilience, particularly during such turbulent times. With over 1 billion financially excluded (according to The World Bank), all solutions to enable inclusion are vital for the well-being of all world citizens. Web3 Hub Davos represents a pivotal global meeting place for leading stakeholders in the blockchain and Web3 industry. Positioned as a crucial platform for discussions and collaboration, it is organized by CV Labs, the internationally renowned ecosystem builder of blockchain venture capital firm CV VC, which plays an integral role in nurturing and advancing the global blockchain ecosystem, bringing blockchain to the forefront of technology. Web3 Hub Davos is a special event aimed at catalyzing discussions and insights into the transformative impact of the Web3 industry. The four-day event will be a melting pot of ideas, fostering discussions on the impact of blockchain technology across various industries, economies, and societies. Gracy Chen, Managing Director of Bitget, emphasized the significance of the event. "The Web3 Hub Davos aims to provide thought-provoking discussions dynamic networking opportunities, and invaluable insights into the transformative actions of Web3. As blockchain technology transforms various industries and crypto goes mainstream, conversations between traditional finance and innovative finance sectors are needed. Bitget remains committed to driving these important discussions on how innovation can be advanced through a more inclusive approach. We're honored to co-host this confluence of minds and help steer discussions on driving an equitable future with the power of the Web3 world." For more information, please visit here. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet Contact Details Rachel Cheung media@bitget.com

December 21, 2023 07:40 AM Eastern Standard Time

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KEFI Gold and Copper Executive Chairman says "everything advancing quickly"

KEFI Gold and Copper PLC

KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF) executive chairman Harry Anagnostaras-Adams speaks to Thomas Warner from Proactive about how the exploration and development company has performed in 2023 and how its positioned heading into the new year. Adams describes the end of the year as "extremely busy and very successful," highlighting that key developments are aligning favourably, although not all details can be disclosed yet. He says significant progress has been made at the Tulu Kapi Gold Project in Ethiopia, with three major prerequisites being met. This includes the relaxation of foreign exchange controls in October, allowing the company to organise a crucial stakeholder meeting in November. He suggests that these developments, coupled with strong support from the Ethiopian government, including from the Prime Minister, have set the stage for the project's safe launch. Adams details the government's quick and emphatic response to the company's requests, providing extra support around the project area. This response led the lead financiers to move towards final approval. Adams emphasized the complexity of the transaction and the forward momentum of the project, despite some delays in formal announcements due to the protocols of large financing organisations. Looking ahead, Adams mentions the commencement of formal resettlement processes post-Ethiopian Christmas (January 7th), expected to take two to three months. This period will involve working closely with each household affected by the project, ensuring a smooth transition. In Saudi Arabia, KEFI has also seen developments. The company plans intensive strategy optimisation sessions in January. Ending the interview, Adams conveys a sense of relief at reaching this stage of the company's development and optimism for the future. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

December 21, 2023 07:40 AM Eastern Standard Time

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Bitget Expands Launchpool Offerings with Initial Listing of GRAPE Token

Bitget

Bitget, the world's leading cryptocurrency exchange and Web3 company, is thrilled to announce the initial listing of GRAPE, a revolutionary Binance Smart Chain (BSC) project, and on its Launchpool. This strategic move underscores Bitget's commitment to providing its community with unique and innovative projects. GRAPE, is redefining social networks within the crypto space, offering users a vibrant and engaging platform. GRAPE, a BSC project focused on community building, branding, and purpose, is making waves this holiday season. Serving as a beacon in the crypto landscape, GRAPE is developing a Web3-integrated social network tailored for crypto communities. The platform is comprised of two main products: GRAPE token and the community platform. GRAPE token serves as an information hub where users can engage in live chats, access information about specific coins, and learn more about the teams behind those coins. Simultaneously, the community platform is designed to foster interaction and collaboration among crypto enthusiasts. GRAPE NFTs has swiftly gained recognition as one of the top-performing projects launched this year, boasting an impressive return on investment (ROI) from its mint. With an overall volume surpassing 7,500 ETH, GRAPE has garnered considerable attention. The recent community pre-sale for $GRAPE witnessed commitments exceeding $10 million, further solidifying GRAPE's position in the market. Backed by industry giants like Animoca Brands, GRAPE is deeply rooted in the gaming ecosystem. The project collaborates with major IPs globally, including a partnership with Roblox for the launch of Grapes Islands: The Bad Bunch, available across Xbox, PS5, PC, and mobile. The Grapes mobile gaming franchise has become the fastest-growing ecosystem in the Web3 space, boasting three games available on both iOS and Android. As of December 2023, the franchise is set to achieve over 750,000 monthly active users (MAU) across its titles. Looking ahead to 2024, full $GRAPE integration across the gaming franchise is planned, enabling players to engage in battles, tournaments, level up, and more. Gracy Chen, Managing Director at Bitget, Comments, "GRAPE is a remarkable addition to Bitget's Launchpool, aligning with our commitment to offering users exclusive access to projects that redefine the crypto landscape. GRAPE's innovative approach to social networking within the crypto space and its significant achievements make it a standout choice for our users. We're excited to see the impact GRAPE will have on the industry and our community." About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet Contact Details https://www.bitget.com/en-GB/ Rachel Cheung media@bitget.com

December 21, 2023 07:37 AM Eastern Standard Time

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News Release

Trust Stamp secures partnership with Partisia to launch Global Secure Data

T Stamp Inc

Trust Stamp Vice President Jonathan Patscheider joined Steve Darling from Proactive to share news the company in partnership with Partisia, is set to enhance data security and privacy through their joint offering, GlobalSecure. This collaboration leverages Trust Stamp's Privacy First Identity Token and Partisia's Secure Multiparty Computation technologies to establish robust safeguards against data breaches while facilitating secure data sharing in compliance with local regulations and data protection standards. GlobalSecure is designed to create a global infrastructure that ensures secure data flow without the need to transfer data to third parties. It enables computations to be performed on encrypted data without revealing the underlying information, thereby establishing an impenetrable privacy shield against unauthorized access by third parties who may compromise data-sharing agreements or fiduciary obligations. Contact Details Proactive USA +1 347-449-0879 na-editorial@proactiveinvestors.com

December 21, 2023 07:00 AM Eastern Standard Time

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News Release

Fathom Nickel CEO happy with progress made in 2023 and plans for more drilling in 2024

Fathom Nickel Inc

Fathom Nickel CEO Ian Fraser joined Steve Darling from Proactive provided a comprehensive overview of the company's notable achievements throughout the year 2023. Furthermore, he eloquently outlined the company's ambitious and promising plans for the upcoming year, 2024. Fraser's positive outlook was palpable as he expressed his satisfaction with the significant strides Fathom Nickel had made in the past year and his unwavering optimism for the road ahead. One of the major highlights of Fathom Nickel's journey in 2023 was their dedicated focus on the Gochager Lake project. Fraser emphasized that the company had made substantial advancements in comprehending the intricacies of the project, particularly in terms of understanding the vertical shoots of higher-grade mineralization. Regarding their plans for the Gochager Lake project in 2024, Fraser disclosed that the company has already set the wheels in motion to initiate another drilling program. This program is tentatively scheduled to commence in late February or early March, with meticulous attention to logistical considerations and weather conditions. While Fraser acknowledged that market conditions had posed certain challenges in the latter part of 2023, he conveyed his optimism regarding improved market conditions in 2024. Contact Details Proactive Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

December 21, 2023 07:00 AM Eastern Standard Time

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News Release

ReShape Lifesciences announces FDA PMA supplement approval for next-gen Lap-Band 2.0 Flex

ReShape Lifesciences Inc

ReShape Lifesciences CEO Paul Hickey joined Steve Darling from Proactive to share significant news regarding the approval of the company's next-generation Lap-Band® 2.0 FLEX by the U.S. Food and Drug Administration. Hickey told Proactive this FDA approval represents a historic event for ReShape Lifesciences and is expected to serve as a pivotal driver of growth for the company's Lap-Band franchise. The development of the enhanced Lap-Band 2.0 FLEX was led by physicians with a primary focus on improving the overall patient experience. This FDA approval marks a significant milestone for ReShape Lifesciences, highlighting the company's commitment to advancing patient-centered innovations in the field of medical devices. Contact Details Proactive USA +1 347-449-0879 na-editorial@proactiveinvestors.com

December 21, 2023 07:00 AM Eastern Standard Time

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News Release

EGR Exploration moves along Urban Barry property in Quebec to Harvest Gold

EGR Exploration Ltd.

EGR Exploration Limited CEO Daniel Rodriguez joined Steve Darling from Proactive and shared important news that the company has entered into an agreement with Harvest Gold, allowing Harvest Gold to acquire 100% of EGR's Urban Barry property in the James Bay/Abitibi region of Quebec. Rodriguez provided details of the transaction and what it means for both companies. The Urban Barry property, covering approximately 6,900 hectares, holds strategic significance due to its proximity to Osisko Mining Corp/Gold Field's Windfall property and the Langlois base metal-silver-gold mine, which is situated approximately 30 km to the northwest. This location presents exciting exploration potential and opportunities for Harvest Gold. EGR Exploration's decision to enter into this agreement demonstrates its commitment to maximizing the value of its assets and leveraging strategic opportunities in the mining sector. Harvest Gold's involvement in this transaction further underscores its interest in expanding its presence in this promising mining region. Contact Details Proactive Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

December 21, 2023 07:00 AM Eastern Standard Time

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