All Industries

Empire Metals updates on major exploration push at Pitfield project

Empire Metals Ltd

Empire Metals Ltd managing director Shaun Bunn joined Proactive's Stephen Gunnion with an update on diamond drilling at the Pitfield project in Western Australia. Two-thirds into its six-week drilling programme, Bunn said Empire is encouraged with findings from the drilling activities. The updates indicate potential extensions from their initial titanium discovery, with some diamond holes reaching depths of over 400 meters. Two drilled holes, situated 30 kilometres apart, have demonstrated titanium mineralization. This acts as a precursor to the company's confidence in the same mineral presence for a forthcoming third hole, located centrally within a vast anomaly. Bunn stressed the pivotal nature of diamond drilling, as it equips the company with samples essential for understanding geological structures and mineral formations. Empire Metals is gearing up for a rigorous push with two RC rigs, aiming for around 40 holes or 6,000 meters of RC drilling, which would allow it to drill at an impressive rate of one hole per day. Detailed assay results from current diamond drilling are anticipated by late November. Furthermore, Empire Metals is keen to explore a high-density area revealed by their gravity airborne surveys, potentially hinting at high-grade mineralization. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

October 26, 2023 09:39 AM Eastern Daylight Time

Video

Elizabeth Lukas Appointed CEO, Americas of AutogenAI

AutogenAI

AutogenAI, an enterprise-level artificial intelligence company, has announced the appointment of Elizabeth Lukas as CEO, Americas. This appointment marks an important milestone for AutogenAI’s expansion in the U.S. market, providing businesses with the power of generative artificial intelligence to streamline bid and proposal creation and increase win rates. Lukas brings decades of experience as an entrepreneurial leader with a proven track record of driving growth and success for some of the world's top companies. Prior to joining AutogenAI, Lukas was CEO, Americas at Decoded Ltd. where she launched the UK startup into the U.S. market and drove 30%+ YOY growth. In her current role, Lukas will be responsible for propelling growth and the adoption of generative AI in business. “We are living in a time of unprecedented technological advancement and generative artificial intelligence is at the forefront of this revolution,” said Lukas. “Businesses everywhere are recognizing the potential of AI to solve their most pressing growth challenges, and it is thrilling to be able to provide them with the solutions they need. We have already seen exceptional results in the UK and I’m excited to continue driving traction in the U.S.” AutogenAI has experienced rapid growth since its inception in 2022. In one year, the company drove 100x revenue, closed a $22.3M Series A from Blossom Capital, and was awarded the AI Grant – a prestigious accelerator for AI startups. With 100 global employees, and success in the UK and Australian markets, AutogenAI has supported international businesses to win over $50M of additional work. Companies implementing AutogenAI’s bespoke AI tool are reporting up to 85% cost savings and a 30% uplift in win rates. “Elizabeth arrives at an important time for AutogenAI and will be instrumental to the development and growth of a primary market,” said AutogenAI founder and CEO, Sean Williams. “Following a year of rapid growth and customer feedback, we found our unique AI tool can increase the productivity of bid teams by eightfold, allowing businesses to focus on more strategic aspects of bidding. The US is the biggest procurement market in the world and we want to help organizations here benefit from the efficiencies and increased win rates that our software delivers.” About AutogenAI AutogenAI is an enterprise-level artificial intelligence technology with cutting-edge natural language processing solutions that are focused on assisting in the process of procurement and bid writing. Its AI empowers people to improve the quality of bids, tenders, and proposals, while greatly increasing efficiency. The AutogenAI team includes specialists in procurement, bid writing and machine learning. Founded by serial entrepreneur, Sean Williams, who started his career as a bid writer, AutogenAI has become the fastest-growing generative artificial intelligence company in the UK and is now being deployed across three continents. For more information, visit https://autogenai.com. Contact Details Kite Hill PR Kite Hill PR for AutogenAI +1 973-722-7881 autogenai@kitehillpr.com

October 26, 2023 09:30 AM Eastern Daylight Time

Franchise Brands says it is on track to meet earnings targets following smooth Pirtek integration

Franchise Brands PLC

Franchise Brands PLC executive chairman Stephen Hemsley told Proactive's Stephen Gunnion that, despite seeing some softer demand during the summer, the B2B businesses of the company are trading at record levels. Contributing factors for this dip in summer demand include unusually poor UK weather in July and August and a general economic slowdown in Europe. However, there was a notable uptick in the fourth quarter, with October and November registering strong months for the business. The acquisition of Pirtek in April this year has been beneficial, even with the challenges of managing acquisitions. Hemsley expressed satisfaction with Pirtek's integration into the Franchise Brands business, particularly with IT integration. A forthcoming "growth summit" in Amsterdam will provide a platform for further idea exchange. Hemsley said he remains confident that the company will deliver adjusted EBITDA in line with market expectations. One challenge has been higher interest rates than initially budgeted. After reducing group net debt from £79.1 million in June to £76 million at the end of September, Hemsley also highlighted that management of working capital and debt, particularly after the Pirtek acquisition, remains a priority. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

October 26, 2023 09:27 AM Eastern Daylight Time

Video

Trading Smarter With Relational Technical Analysis

TechniTrader

Many traders are searching for the “holy grail” for picking winning stocks to trade–that magical indicator or that perfect candlestick pattern. Most are still searching after years of trying to learn to trade and actually make real money in the stock market. There is now a NEW approach to using and analyzing stocks that makes trading easier, giving higher profits and less risk with more control over every aspect of your trades. Relational Technical Analysis takes the guesswork out of choosing stocks to trade. This unique way of interpreting stock charts provides traders with the ability to get into a stock BEFORE the price runs in either direction. One key element of the modern market that is seldom mentioned is the fact that the professional side trades on the millisecond. A millisecond means 60,000 trades can fire off before your order completes. Retail brokers are only required to fill orders within 1 minute. If it seems as if your orders fill in seconds, this is to ensure that your order is lit before it is filled. All the computers monitoring the market can see your order. In fact, your broker’s computer watches you type in your order and has the ability to keep track of your typical lot size and your typical entries. Most traders make the common mistake of using retail news, retail commentaries as the market opens, and live trading events to make trading decisions. IF you use retail news to select a stock to trade on any given day, by the time you can read or hear the news, open your broker account, select the order type, select the lot size, and place your order, thousands of HFT and other professional-side orders have already triggered way ahead of your order. When professionals and HFTs trade a stock, their orders are typically filled within seconds of the market open. They can determine when to start selling into the retail-side buying, so most retail orders end up with a whipsaw action that causes a small loss that grows larger as the trader waits, hopes and prays the stock will start running in the direction they hoped it would. Hope doesn’t float in the market. Hope sinks and losses mount up. Trading losses increase and frustration erodes confidence. Relational Technical Analysis uses the new Leading Hybrid Indicators that actually signal BEFORE price moves. A black candle can be the last candlestick on the chart but the Leading Hybrid Indicator signals that the price is going to change and move up. This means you are buying with the professional traders who trade large lots that are not always on the exchanges. Relational Technical Analysis allows retail traders to trade with the professionals, and similarly to a professional. It takes the guessing, confusion and frustration out of selecting stocks to trade and determining entry price, order type, stop loss, trailing profit stop, liquidity constraints and the speed of execution risk factors. Professionals enjoy their job. They take pride in being able to strike the penny spread they have determined. Their routing is fully automated to send their orders at a speed that is beyond the retail side’s access. Professionals use several different kinds of mitigation tools, risk assessment tools and lot sizes that are 10 times or more the size of the average retail trader. They also make profits 90% of the time. That is the norm for professional traders. With these facts, you can begin to understand that you need to join the professionals when, where and how they trade, rather than constantly going up against them blindfolded. Professionals are highly trained, extremely skilled traders who generate most of the momentum in stocks by using several types of controlled bracketed orders, special routing, and the know-how to nudge the HFTs, which are the fully automated Maker/Takers of the market. High Frequency Trading Firms have been around for over 20 years and are approved by the SEC to provide the exchanges with market-open liquidity, which the exchanges pay them to provide. HFT orders fill the queues of the market before the market opens. This creates huge liquidity leveraging either to the upside or downside before the market open. The automated Market Making Computers identify which side of the order the huge anomaly of orders reside. If HFTs intend to gap up a stock, the huge number of small lot orders require that the Market Making Computers gap the stock up to a price level where seller orders are at that time. In the chart below, the sell orders forced a gap down at open. Pros were already positioned to take profit with Buy to Cover (BTC) orders at open. When the market opens, the HFTs cancel most of the orders and use the remaining orders to sell into the retail news traders’ buy orders. Thus, retail traders get their orders filled at the market open or within a few minutes. These order executions give HFTs and other professionals huge profits and retail traders huge losses. By learning Relational Technical Analysis, one can learn to pick trades at the right time, to trade with the Professional Traders and avoid the often huge losses caused by following news and HFT activity. Martha Stokes, CMT https://www.technitrader.courses TechniTrader has been teaching traders and investors a complete process for trading or investing in the stock market and other financial markets since 1998. We have helped over 500,000 traders and investors achieve their financial goals. Our courses provide a complete, comprehensive training program based on a college-style curriculum that uses a tri-level approach to analyzing assets or derivatives to trade. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Mel Ainuu mel@technitrader.com Company Website https://www.technitrader.courses/

October 26, 2023 09:25 AM Eastern Daylight Time

Image

How Elicio Therapeutics Is Taking A Different Approach To Treating Cancers Like Colon Cancer, Expected To Be The Leading Killer Cancer By 2030

Benzinga

By Jeremy Golden, Benzinga Founded in 2011, Elicio Therapeutics Inc. (NASDAQ: ELTX) strives to use precision vaccines, immunomodulators and cell-based therapies to assemble cancer-killing immune responses against both blood and solid tumors. Elicio’s proprietary Amphiphile or “AMP” platform differentiates the company through the development of cancer immunotherapies for patients with limited treatment options and often poor outcomes. As the foundation for the various vaccine candidates in the biotech company’s pipeline, the AMP platform will help Elicio combat cancer and other diseases. Groundbreaking Platform Therapeutic vaccines are designed to train the immune system to recognize and destroy cancer cells by targeting tumor-specific antigens. These molecules are present on the surface of cancer cells, allowing the immune response to differentiate them from healthy cells. Tumor biology is complex, and it is difficult to identify effective target antigens. This is, in part, because the tumor microenvironment suppresses immune activity. Differentiating itself from competitors, Elicio Therapeutics is attacking this challenge head-on by re-engineering the body’s immune response to defeat cancer with potent lymph node-targeted immunotherapies and vaccines. Elicio’s AMP platform combines expertise in materials science and immunology to develop novel immunotherapies, including cell therapy activators, immunomodulators, adjuvants and vaccines to treat many aggressive cancers. The platform was first developed in the lab of Darrell Irvine, Ph.D., whose work as a Howard Hughes Medical Institute investigator and professor at the Koch Institute for Integrative Cancer Research at MIT has put him at the forefront of the field. A clinical-stage biotechnology company, Elicio Therapeutics has developed multiple cancer vaccine candidates, including: ELI-002 for KRAS-driven cancers caused by a mutation of the KRAS gene; ELI-007 for cancers involving mutant BRAF gene; and ELI-008 for cancers involving p53 hotspot mutations. “Looking to the future, our focus is on developing ELI-002 as a treatment for mutant KRAS (mKRAS)-driven cancers,” Chief Executive Officer Robert Connelly said in June after a reverse merger with Angion Biomedica Corp. “We are conducting clinical studies evaluating the 2-peptide and 7-peptide formulations of ELI-002 and are encouraged by the interim data that will be presented at ASCO, supporting ELI-002’s potential clinical utility in patients with high relapse risk pancreatic and colorectal cancers.” Vaccinating Against Cancer The Pancreatic Cancer Action Network estimates that about 95% of pancreatic cancer patients have the KRAS mutation, an error in a protein in normal cells that has the potential to cause cancer. By specifically targeting the KRAS mutation, prominent in patients with pancreatic and colon cancer, Elicio Therapeutics’ lead asset, ELI-002, is more promising than others in the clinical trial phase. Though further studies are needed to confirm its efficacy, the shot could improve survival for colon cancer, expected to be the number one cause of cancer deaths for people between 20-49 years of age by 2030, and pancreatic cancer, which has just a 12% survival rate after five years. Unlike other experimental cancer vaccines in development, the shot won't have to be customized to each patient, making it more affordable and readily available. Preclinical trials have shown that Amphiphiles target and concentrate an array of different immunogens in the lymph nodes, resulting in tumor or pathogen-targeted immunity. In one trial, an Elicio Therapeutics vaccine was given to patients with pancreatic and colorectal cancers. The results were promising, with 77% of patients experiencing a reduction in biomarkers that show the persistence of tumors. 32% of patients completely cleared those biomarkers. Elicio Therapeutics seems to be leading the charge toward vaccination against cancer. By combining expertise in immunology and immunotherapy, Elicio is precisely targeting and fully engaging the lymph nodes, the site in our bodies where the immune response to cancer is orchestrated. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 26, 2023 09:25 AM Eastern Daylight Time

How Lytus Technologies (NASDAQ: LYT) Is Expanding Its Footprint From India To The USA

Benzinga

By Meg Flippin, Benzinga The internet is booming in India and is poised for more growth as 5G rolls out across the world’s most populous nation. As of the start of this year, there were over 1.2 billion internet users in the country. By 2050, that’s projected to grow to more than 1.6 billion. That’s a big market opportunity to bring cutting-edge internet services to the masses, which is what Lytus Technologies Holdings PTV. Ltd. (NASDAQ: LYT) is aiming to do. Lytus Technologies is a platform services company enriching the experience for users whether its streaming content, telemedicine or fintech services. The company reports that its ability to provide a cutting-edge platform regardless of the digital offering is what makes it so unique. The company operates telecasting, telemedicine and OTT platforms, leveraging its 5,000-kilometer network of installed fiber and broadband infrastructure to serve more than four million users in India and the USA. As one of the few Indian companies listed on the NASDAQ, Lytus potentially provides investors with a unique opportunity in the growing Internet market in India. Potentially Big Market Opportunity The opportunity for Lytus Technologies is large. India has the second largest pay-TV market in the world and the highest fintech adoption rate globally. The telehealth and telemedicine market in India is forecasted to reach $285.7 billion by 2027, growing at a compound annual growth rate (CAGR) of 26.6% over 2022-2030. That strong demand is showing up in Lytus’s results. The company, which was founded in 2017, has achieved positive EBITDA and $20 million in revenue. The market opportunity seems similar to China where Alibaba Group Holding Ltd. (NASDAQ: BABA), the e-commerce giant, dominates by leveraging its vast platform. As a company operating a similar model to the commerce giant, Lytus hopes to emulate AliBaba’s success in India. Lytus' business model is potentially disruptive but easily repeatable and scalable across geographies. Its recent launch of Lytus Studios is an example of how the company is leveraging technology to give consumers and businesses advanced internet services. Lytus Studios is a content creation and technology services business bringing virtual reality, augmented reality, mixed reality and extended reality to the film, video, commercial, corporate and digital markets. Growing Demand For Fintech Services Lytus Technologies has also forayed into fintech. The company recently launched a payment gateway for consumers in India. The initial rollout is focused on a B2B model, but it plans to expand the payment service to individual users in the next 12 months. Recognizing the big market opportunity, the company is investing $50 million to grow its fintech business in India during the next five years. Like the other markets it enters, technology underpins all its offerings and sets it apart from its rivals. "Over the course of the next several months, Lytus intends to expand the scope of its fintech services to include AI-driven next-generation payment platforms, P2P lending, blockchain, insurtech, digital shareholder services, cross-border payments, among other services. Lytus also plans to offer its subscribers e-wallet and credit card services using AI-based technology for personalized financial insights. Users will be able to set spending goals based on their priorities, earn rewards and leverage the features to develop good financial habits and achieve their long-term goals," said Huzaefa Lokhandwala, CEO of Lytus Fintech. The fintech opportunity alone is large given India is one of the fastest-growing fintech markets in the world, expected to hit $2.1 trillion by 2030 growing at a CAGR of over 18%. Acquisition Makes It Happen Lytus’s expansion is helped by its acquisition of a 51% stake in Sri Sai Cable and Broadband Private Ltd., the regional Multi Service Operator (MSO) based in Telangana, India. The MSO has a subscriber base of more than one million, giving Lytus Technologies a bigger presence in the Indian market. With 5G rolling out in India, Lytus Technologies is only scratching the surface in terms of what internet services it can offer. With 5G it can reach more customers, deliver enhanced connectivity, support a multitude of devices, introduce new and immersive applications and ultimately provide a superior broadband experience. All of that almost ensures it gets more subscribers as it attempts to become the Alibaba of internet streaming. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 26, 2023 09:25 AM Eastern Daylight Time

News Release

Coinbase To Delist Over 80 Trading Pairs, What It Could Mean For Bitcoin Spark

Bitcoin Spark

In an evolving world of cryptocurrencies, the future of finance is gradually shifting, and with it, the perception of wealth. Against this backdrop, the news of Coinbase's decision to eliminate over 80 trading pairs brings about an intriguing discourse, especially for Bitcoin Spark. Coinbase's Major Move Coinbase, a leading cryptocurrency exchange based in the United States, recently announced that it would be demoting over 80 non-USD trading pairs. The decision, which has sent ripples throughout the crypto community, is slated to take effect on October 16, 2023. Coinbase's decision stems from its commitment to regular market monitoring. The exchange aims to enhance overall market health and unify liquidity by eliminating these trading pairs. The pairs set for removal include ACH-USDT, AGLD-USDT, BNT-BTC, BNT-EUR, and several others. Impact on Advanced Trade Users The change isn't as drastic for Coinbase Advanced Trade users in regions where the service is permitted. These users will still have the ability to trade the delisted pairs using their USDC balances. In the past, Coinbase has suspended certain trading services. In September, for instance, it delisted BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI), and Voyager (VGX). The Rising Star: Bitcoin Spark Despite the shakeup in the crypto market due to Coinbase's decision, one cryptocurrency is looking to gain attention - Bitcoin Spark (BTCS). Understanding Bitcoin Spark Bitcoin Spark, a Bitcoin hard fork, introduces a range of groundbreaking features, signifying a new era in digital transactions. Bitcoin Spark's blockchain boasts fast transaction processing and low fees, achieved through a low block time, high individual block transaction capabilities, and a large number of nodes. Bitcoin Spark's ingenious consensus mechanism introduces a novel concept of decentralized CPU and GPU renting. This mechanism allows validators' contributed power to be rented out to individuals and organizations in need of additional computing resources, with payments for the service required in BTCS. One of the core aspects set to keep Bitcoin Spark at the forefront of cryptocurrency is the product system behind Bitcoin Spark. Allowing a company-style revenue model to function in a permissionless mechanism is what most cryptocurrency enthusiasts have been dreaming about since Bitcoin’s and Ethereum’s inception. There is minimal doubt the ideas behind Bitcoin Spark are prompting a move into the next iteration of blockchain utility. Traders believing in the future of Bitcoin Spark are currently able to purchase at $3, plus an additional 7% bonus on top of any purchases. Learn more about Bitcoin Spark here: Website: https://bitcoinspark.org/ Buy BTCS: https://network.bitcoinspark.org/register Bitcoin Spark is an alternative fork of Bitcoin encoded using the revolutionary Proof-of-Process technology, which allows anyone with a smart device to actively mine and participate in the BTCS network. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Jacques Delacroix Delacroix.J@bitcoinspark.org Company Website https://bitcoinspark.org

October 26, 2023 09:25 AM Eastern Daylight Time

Stria Lithium CEO reveals exciting developments in the Quebec 'Lithium Triangle'

Stria Lithium Inc

Stria Lithium Inc. CEO Dean Hanisch joined Proactive's Stephen Gunnion to share the company's endeavors in the coveted lithium triangle around James Bay in Quebec. The company, founded in 2013, successfully acquired a project during a time when lithium wasn't in the spotlight. With recent drilling activities, significant lithium deposits have been discovered, drawing attention from partners like Cygnus Metals, an Australian firm. Cygnus Metals recently revealed an impressive resource estimate of over 10 million metric tonnes at a concentration of over 1% Li2O in just a year of drilling. The James Bay region, known for its prosperous lithium reserves, is home to other big players like Winsome Resources, Patriot Battery Metals and Brunswick. Stria's strategic positioning ensures it's amidst this flourishing hub. Moving forward, more drilling is scheduled for the winter months, the optimal period due to the region's frozen terrains. Furthermore, Stria has expanded its land package around the Pontax project, uncovering tantalum anomalies and mapping promising areas. Hanisch also highlighted the encouraging dynamics in the lithium market, driven by Canadian and US initiatives. With government backing and an increased shift towards electric vehicles, he envisions a bullish future for lithium exploration companies in the region. Contact Details Proactive United States Proactive United States +1 347-449-0879 action@proactiveinvestors.com

October 26, 2023 09:23 AM Eastern Daylight Time

Video

Xiao-I, a pioneer of the AI chatbot, aims to become the "operating system of the AI era"

Xiao-i Corp

Xiao-I Corp's Berry Xia shares insights on the company's growth and ambitions in an interview with Proactive's Stephen Gunnion. Xiao-I, a pioneer in the AI chatbot industry, started in 2001 and launched its first chatbot for the MSN Microsoft application in 2004. By 2008, its active user base surpassed 100 million. The company refocused its strategy in 2011 towards a B2B market, developing tailored AI solutions for clients. Despite AI's advancement, Berry noted a lack of application in developed regions, prompting their globalization strategy in 2018, which began in Hong Kong, Taiwan, and Macau. Xiao-I listed on NASDAQ this year, and introduced its large language model, Hua Zang. The company saw a 106% surge in first-half net revenues, attributed to its shift from one-time software deliveries to a more sustainable cloud subscription model. Berry emphasized Xiao-i Corp's vision of becoming the "operating system of the AI era," highlighting the transition from rule-based AI to more advanced, human-like interfaces powered by large language models. Xiao-I is holding a live stream press conference about its latest progress of LLM on October 26, 2023. Interested parties can register here to participate: https://www.xiaoi.com/en/symbiosisPage/symbiosis Contact Details Proactive United States Proactive United States +1 347-449-0879 action@proactiveinvestors.com

October 26, 2023 09:18 AM Eastern Daylight Time

Video

1 ... 815 816 817 818 819 ... 3742

Back