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Lithium Chile Increases Lithium Resource 24% with Average Grades up to 538 Mg/L At Salar De Arizaro, Argentina

Lithium Chile Inc.

CALGARY, ALBERTA, April 9, 2024 – TheNewswire – Lithium Chile Inc. (“ Lithium Chile ” or the “ Company ”) is pleased to announce a substantial increase of 24% to the resource at its Salar de Arizaro Project, Argentina from the results of an updated NI 43-101 compliant resource report. The Company reports a new, increased Project total of 4,122,000 tonnes of Lithium Carbonate Equivalent (“ LCE ”) from measured, indicated, and inferred resource categories. HIGHLIGHTS: Total LCE resource increased by 24% since reporting the results of the Preliminary Economic Assessment (Press release of August 8, 2023) for a new total of 4,122,000 tonnes LCE.   The increased LCE resource related to the Salar de Arizaro project is comprised of:   261,000 tonnes in the measured category; and   2,237,000 tonnes in the indicated category; and   1,624,000 tonnes in the inferred category.   Diamond drill hole ARDDH-08 contributed an increase of 559,518 tonnes of indicated and 188,886 tonnes of inferred LCE resource.  The resource increase at ARDDH-08 resulted from an average lithium grade of 538 mg/L from well depths between approximately 200-300 metres and an average lithium grade of 343 mg/l from well depths between approximately 300 to 570 metres, such that a total sampled interval of 370 metres of the reservoir containing lithium brines has been established.   Over 260,000 tonnes LCE associated with the ARGENTO-02 well was reclassified from the indicated category to the measured category due to the long-term pumping test and additional brine sampling that was conducted.      Click Image To View Full Size   Table 1:  Summary Of Values from the Updated Lithium Chile Resource Estimate (Note: total tonnages are rounded to the nearest thousand and a 200 mg/ cut-off grade was assumed based on the expected processing method).     Figure 1:  Map of Resource Estimation Areas, Salar de Arizaro (Shallowest Polygons)   Steve Cochrane President and CEO of Lithium Chile emphasized: “Increasing our lithium resource by 24% marks substantial progress for our Arizaro project from just 2 additional wells. This yet again reinforces our belief that the Arizaro property is a world class lithium project.  Our team’s relentless efforts in expanding the resource demonstrates their exceptional abilities for which I extend my thanks”.   Steve Cochrane continued: “With our strategic process proceeding, it is exceedingly exciting that the Company is able to report such a significant resource increase.”   NEXT STEPS IN RESOURCE UPDATE: An updated analysis of the area around ARDDH-08 contained in the reserve model is underway and will be added to the NI 43-101 compliant report once completed.   An update to the Company’s 2023 Prefeasibility Study Report is expected by the end of the second quarter which will confirm reserve volumes and a potential production profile.     OTHER ARGENTINIAN DEVELOPMENTS: Block IV Permitting The baseline Environmental Impact Study for the new Block IV exploration program was completed and submitted to the Salta Mining Ministry at the end of February 2024. This will allow for the Company’s exploration drill program on Block IV, which is currently expected to begin in the second half of 2024. Water Wells Drilling of hole ARDDH-09 is nearing completion at which time the drilling rig will be moving to a number of locations on the Company’s south-western claims with the objective of substantiating the fresh-water aquifer characteristics needed for production.  These locations surround and offset Lithium Chile’s existing fresh water well that substantiated significant fresh-water deliverability. Drilling is also continuing with a rotary rig on production well ARGENTO-06.  Those results will be released when they become available. QUALIFIED PERSON, QA/QC STATEMENTS: Michael Rosko, MS, PG, of Montgomery and Associates (M&A) of Santiago, Chile, is a registered geologist (CPG) in Arizona, California and Texas, a registered member of the Society for Mining, Metallurgy and Exploration (SME No. 4064687), and a qualified person as defined by National Instrument 43-101. Mr. Rosko has extensive experience in salar environments and has been a qualified person on many lithium brine projects. Mr. Rosko and M&A are completely independent of Lithium Chile. Mr. Rosko has reviewed and approved the scientific and technical content of this news release. ABOUT LITHIUM CHILE: Lithium Chile is an exploration and lithium resource company with a property portfolio consisting of 111,978 hectares in Chile and 29,245 hectares in Argentina. The Company has filed a NI 43-101 Report and Preliminary Economic Assessment. The revised reports will be filed shortly which will be available for viewing on the Company’s profile at SedarPlus.ca Lithium Chile also owns 5 properties totaling 22,529 hectares that are prospective for gold, silver and copper. On September 21, 2023, Lithium Chile announced the hiring of PI Financial as its financial advisor to seek strategic alternatives.  That process is underway as the Company continues to enhance the underlying value of its assets including an increase related to the resource volume increases discussed in this press release. Lithium Chile’s common shares are listed on the TSX-V under the symbol “LITH” and on the OTC-QB under the symbol “LTMCF”. To find out more about Lithium Chile, please contact Steven Cochrane, President and CEO via email: steve@lithiumchile.ca or Michelle DeCecco, Vice President and COO via email: michelle@lithiumchile.ca NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.   FORWARD LOOKING STATEMENTS: This news release may contain certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "expected", "anticipated", "aims to", "plans to" or "intends to" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Such forward-looking statements are based on various assumptions and factors that may prove to be incorrect, including, but not limited to, factors and assumptions with respect to: the general stability of the economic and political environment in which the Company operates and the timely receipt of required regulatory approvals if required.  You are cautioned that the foregoing list of material factors and assumptions is not exhaustive. Although Lithium Chile believes that the assumptions and factors on which such forward-looking statements are based upon reasonable assumptions, undue reliance should not be placed on the forward-looking statements because Lithium Chile can give no assurance that they will prove to be correct or that any of the events anticipated by such forward-looking statements will transpire or occur, or if any of them do, what benefits Lithium Chile  will derive therefrom. Lithium Chile does not undertake to update any forward-looking statements herein, except as required by applicable securities laws. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

April 09, 2024 08:00 AM Eastern Daylight Time

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Novidea Secures Additional $30 Million from HarbourVest Partners, Bringing Total Series C to $80 Million

Novidea

Novidea, creator of the cloud-based, data-driven enterprise insurance management platform, today announced it has raised an additional $30 million from HarbourVest Partners, bringing its total Series C round to $80 million, joining existing investors Battery Ventures, Cross Creek, Israel Growth Partners (IGP), KT Squared, and JAL Ventures. To date, Novidea has raised $120 Million. Over the last several years, Novidea has experienced hyper-growth, selling to leading insurance organizations across the globe. Novidea will leverage the investment to continue its journey to becoming an industry leader. Funds will be used for continued organic expansion to additional territories to meet growing demand, as well as to accelerate product innovation and support the execution of Novidea’s inorganic growth strategy. “We are delighted to partner with Novidea to support the company’s next phase of growth. We have invested in the insurance brokerage sector for years and have been impressed by the operational efficiencies that Novidea’s software solution delivers for brokers,” said Corentin du Roy, Managing Director, HarbourVest Partners. “We look forward to supporting the Novidea team as they continue to scale their activities internationally.” Digital transformation is the top priority for insurance organizations worldwide. As a result, technology spending in this sector is expected to grow by more than 25 percent by 2026. Innovative technology solutions that address the most urgent pain points, such as improving data quality and access, providing a seamless digital customer experience, and reducing repetitive processes for the insurance workforce, are in high demand. Earlier this year, Novidea released a comprehensive report underscoring the massive opportunity for Insurtechs, revealing that 75% of global insurance businesses plan to change their core technology in the next two years. “We are thrilled to welcome HarbourVest as our newest investment partner, along with our existing investors,” said Roi Agababa, CEO of Novidea. “The insurance sector is at a major inflection point, and we see significant growth potential as more organizations transition away from legacy technology in favor of innovative, modern solutions. With this investment, Novidea will have the resources we need to further refine our product, expand our operations into new territories, and explore the possibilities of making strategic acquisitions in this space.” Novidea’s cloud-native software platform enables insurance agents, brokers, MGAs, wholesalers, and specialty insurers to automate repetitive processes, drive operational efficiencies, and increase business resilience to stay competitive and provide a better customer experience. Over the last three years, Novidea has increased its headcount in multiple global regions, including the UK, North America, and Europe. The company also launched in Southeast Asia in late 2023. The company has recently augmented its senior leadership, including Chief Financial Officer Eran Ben Ezer, Chief Customer Officer Yaniv Cohen, Chief Technology Officer Erez Nissim, and Chief Revenue Officer Jeffrey Heine. About Novidea Novidea is the leading Insurtech provider of a cloud-native, data-driven insurance management system. With its open API architecture, Novidea enables brokers, agents, MGAs, and carriers to modernize and manage the customer journey end-to-end and drive growth across the entire insurance distribution lifecycle. Novidea's streamlined and automated platform fully integrates front, middle, and back offices. The Novidea platform boosts operational efficiency while providing a seamless digital experience for team members and customers alike. Insurance businesses benefit from a 360-degree view of customers and policies and can access data and actionable insights anytime, anywhere, and on any device. Novidea supports more than 100 customers across 22 countries. Novidea has been awarded for its outstanding contribution to technology and innovation from the London Market Forum, the Insurtech100 list of the world’s most innovative Insurtechs, and AIFintech 100. Contact Details Michelle Barry +1 603-809-2748 Michelle.barry@chameleon.co Simon Hayes +44 7771 516544 simon@nextgencomms.com Company Website https://novidea.com/

April 09, 2024 08:00 AM Eastern Daylight Time

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Builders Capital Announces $500 Million Strategic Transaction with InterVest Capital Partners

Builders Capital

Builders Capital recently closed a transaction with InterVest Capital Partners, forming a strategic partnership that results in a commitment of up to $500 million in growth capital and InterVest acquiring a strategic minority interest in Builders. “We are thrilled to partner with InterVest, one of the leading specialty finance investment platforms,” said Robert Trent, CEO of Builders Capital. “We plan to use the capital to aggressively expand our platform and continue to provide creative financing solutions to our homebuilding customers.” “We have tremendous confidence in the Builders Capital team and their 15-year track record as the leading private construction lender to homebuilders,” said Michael Gontar, CEO of InterVest Capital Partners. “Builders Capital is well positioned to capitalize on the supply and demand imbalance that exists throughout the U.S. for new construction single family homes,” said Robert Rothschild, SVP of InterVest Capital Partners. “We look forward to partnering with Builders to expand their platform and become the lender of choice to the homebuilding industry.” “We have formed capital partnerships totaling almost $3 billion over the past twelve months to prepare for major growth,” said Arik Prawer, Builders Capital Co-President, and head of Capital Markets. “Our ability to secure access to significant capital with high quality partners like InterVest evidences the strength of our industry leading platform and the incredible market opportunity in both the near- and long-term.” Guggenheim Securities, LLC acted as financial advisor and Perkins Coie acted as legal advisor to Builders Capital. Piper Sandler & Co. acted as financial advisor and O’Melveny & Myers acted as legal advisor to InterVest Capital Partners. To learn more about Builders Capital and the construction loans they offer to builders and developers, visit builderscapital.com. About Builders Capital Builders Capital is the nation's largest private construction lender, offering innovative financing solutions to a wide spectrum of developers and homebuilders. Loan products include options for Acquisition, Development, Construction, and Bridge financing, in the form of single-asset loans, portfolio loans, and revolving credit facilities. In addition to financing opportunities, Builders Capital borrowers can leverage national accounts for material purchase discounts, and access cutting-edge technology for project management, accounting, and BIM technology tools. Builders Capital is headquartered in Puyallup, Washington, with an East Coast headquarters in Fort Lauderdale, Florida, and regional sales offices across the country. The management team at Builders Capital brings over 100 years of expertise in residential construction lending, home building, real estate development, and loan servicing. Learn more at: builderscapital.com. About InterVest Capital Partners InterVest Capital Partners, formerly Wafra Capital Partners, is a leading global alternative investment firm specializing in asset-based lending, leasing, and other structured finance verticals. Since 1999, the InterVest management team has established numerous successful investment vehicles with aggregate committed capital exceeding $19 billion (USD). Contact Details Builders Capital Trisha Hudson trisha.hudson@builderscapital.com Company Website https://builderscapital.com/

April 09, 2024 08:00 AM Eastern Daylight Time

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Emmerson advances on environmental approval for Khemisset project following key enhancements

Emmerson PLC

Emmerson PLC (AIM:EML) chief executive Graham Clarke discusses the company's current status concerning the Environmental Approval Permit application for its Khemisset potash project in Morocco with Proactive's Stephen Gunnion. Clarke told Proactive a ministerial committee referred the application back to the regional authority, the CRUI, for re-examination, with a request for Emmerson to resubmit documentation with enhancements. This revised documentation, which includes the benefits of the Khemisset Multi-mineral Process (KMP) is set to be submitted soon, with confidence in obtaining approval. Key enhancements in the revised Environmental Impact Assessment relate to a new process that allows a 60% reduction in water consumption, significant in drought-affected Morocco. The KMP process also reduces the risk of water contamination and facilitates the monetization of waste streams into new fertilizer products, reducing runoff risks. Clarke said a $2.175 million equity placement with strategic investors reflects their confidence in the Khemisset Project and the management team. The investment underlines their belief in the project's economics, particularly with the introduction of the KMP. The involvement of GSM, which now includes the right to appoint a board member, is viewed positively, and expected to bring additional expertise and reinforce their commitment to the project. A retail offer on the REX platform was aimed at giving existing shareholders the same opportunity as strategic investors at the given share price. The offer was well oversubscribed, indicating strong shareholder support and optimism for the project's future upon approval. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

April 09, 2024 07:54 AM Eastern Daylight Time

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hVIVO achieves record revenue and initiates dividend policy following successful year

hVIVO PLC

hVIVO PLC (AIM:HVO) chief executive Yamin 'Mo' Khan discusses the company's record-breaking financial results in 2023 in an interview with Proactive's Stephen Gunnion. hVIVO announced a 16% year-on-year growth in revenue, reaching £56 million, with an EBITDA margin increase from 18.7% to 23.3%, surpassing prior guidance. The company's absolute EBITDA rose to £30 million, a 44% increase from the previous year. Khan attributed the success to hVIVO conducting more human challenge trials, leading to improved patient recruitment efficiency and better utilisation of facilities and staff. Despite challenges such as MHRA delays, significant funding for a new Canary Wharf facility positively impacted the financial results. hVIVO also initiated an annual dividend policy, planning a £1.4 million dividend distribution following a strong cash generation year. The Canary Wharf facility's development, notably ahead of schedule, includes a 50-bed quarantine facility and a laboratory, set to be fully operational by the end of July. This expansion is expected to enhance operational efficiency, increase revenue potential to up to £95 million, and strengthen hVIVO's position in the human challenge trial industry globally. For 2024, the company anticipates hitting a £62 million revenue target, with £180 million in the weighted order book ensuring a robust pipeline. Despite a study cancellation, hVIVO remains confident in its revenue and EBIT margin targets. Looking forward, hVIVO aims for a £100 million revenue target by 2028, driven by expanding its human challenge trials, increasing clinical trial services, and exploring M&A activities, supported by a strong cash reserve. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

April 09, 2024 07:51 AM Eastern Daylight Time

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New Geological Interpretation Establishes Gold Exploration Target Area in Pontiac Sediments at Renforth's Parbec Gold Deposit

Renforth Resources Inc.

New geological model and interpretation of the Parbec Gold deposit has identified mineralized structures crosscutting the lithologies, resulting in a stacking of individual gold zones at or near surface and continuing at depth into the Pontiac sediments with a clear southward dip underneath the Pontiac sedimentary/Cadillac Break contact   South dipping extensions of known mineralized zones have been identified along the Pontiac contact, including tying in much deeper mineralized intercepts from 2007/2008 drilling   Modelling has identified locations where the mineralization is sub-cropping (only 1-5m overburden) south of a 50m buffer zone for the rail line. These are potential sites for stripping, sampling and bulk sampling     Renforth Resources Inc. (CSE – RFR) (OTCQB– RFHRF) (FSE-9RR) (“Renforth” or the “Company”) wishes to inform shareholders that our updated interpretation of our Parbec Gold deposit proves the presence of gold mineralization in structures oriented oblique to the Cadillac Break and extending into the Pontiac sediments. Interpreted conclusions include instances where surface mineralization within the Cadillac Break forms a continuous zone with gold mineralization within the Pontiac sediments to the south, crossing the lithologies. This is a new exploration target concept at Parbec with bulk tonnage potential. These interpreted oblique structures carry gold mineralization to the south of the Break, within the Pontiac sediments and have been intersected in several locations at Parbec.   Similar to our Malartic Metals Package property, there is almost a complete lack of exploration in the Pontiac sediments, whereas we can now demonstrate that the entire area has significant exploration potential, validated by our new geological model and the success of our contiguous neighbour, the Canadian Malartic Mine, operating quite successfully in the Pontiac sediments. While there have been >40,000m drilled at Parbec there are still many areas to be drilled, the Pontiac has not been the focus of any exploration or drilling at Parbec.   The new interpretation does not yet cover the entirety of the Cadillac Break's ~1.8km of strike on the property, or the deepest pierce points on the property (>700m depth). Additional drilling, guided by this new interpretation, is justified, in the Cadillac Break, the Pontiac sediments and the Piché volcanics to the north, each of which host gold mineralization and untested strike.    New Geological Model Detail   The modelling exercise resulted in a re-orientation of the project base line and uses horizontal plans as the base plan for interpretation purposes. Mineralized lenses interpreted on each level were assembled using sets of sections cut at varying orientations. Mineralized structures oriented obliquely to the Break have been identified with trends ranging from north to north-east and east - west.  These newly identified mineralized structures are only partially drilled and are open to the north-east and south-west on the Parbec property.   The prior Parbec modelling approach used vertical sections oriented perpendicular to the Cadillac Break. Mineralization was difficult to model and resulted in an interrupted continuity of mineralization and abrupt shifts in grades and widths as the zones were thought to be constrained by lithological units. The new model illustrates cross-cutting mineralized structures to the Cadillac break and lithologies which were not clearly identified in previous interpretations. Simply stated, a slight change in how the drill data is studied has identified new areas with previously unrecognized exploration potential.   To date, the new modelling interpretation has identified four target areas along a strike length of about 800 meters for follow-up exploration work. This early-stage work shows that each target area demonstrates continuity of mineralization Click Image To View Full Size   from surface down to a depth of about 150 meters along a horizontal distance of approximately 200 meters. Mineralization thickness varies from a few meters to 20 metres or more at the center of lenses. The model is limited by drilling density at depth, as such the targets are open along strike and below a depth of 150 meters. Follow up exploration will be planned with drill holes oriented at differing azimuths to test the continuity for the newly interpreted mineralized zones trending in northerly, East-West and North-East – South-West directions.   Click Image To View Full Size Drill section showing southward dip of the Pontiac sediments and interpreted plunge of gold mineralization. This new modelling ties in deeper mineralization intercepts from 2007/2008 drilling (PAR-07-01).   Pontiac Sediments Mineralization and Down Dip Mineralization   Remodelling of the Pontiac sedimentary contact has identified significant structural complexity, particularly in the north-western half of the Parbec deposit. An area previously referred to as the “diorite splay” is in fact an opening (embayment) of the Pontiac contact, trapping a large mass of diorite, known to be gold bearing with only limited surface prospecting/trenching and drilling.   Modelling in the area illustrates an approximate -50° south / southwesterly dip to the mineralized zones, as noted in the last drill program, supporting the interpretation. Current modelling efforts are defining exploration target areas for mineralized zone expansion to the south under the Pontiac contact within embedded felsic intrusions. Previously, mineralization in several deeper holes was difficult to correlate, the new geological model reconciles these deeper holes and offers infill drilling targets.   Bulk Tonnage Target   Surface expression of the mineralization indicates that the horizontal thickness varies from a few meters to approximately 20 metres. Many new targets are becoming apparent with the new modeling, along different mineralized trends covered by a maximum of 5 meters of overburden. The Company is working to define a surface mineralized footprint amenable to a small-scale open pit outside the CN railway footprint. To date, two areas have been identified in the northwestern part of the property that are amenable to stripping and sampling followed by bulk sampling if warranted.   Parbec Surface Water Testing   Renforth will commence baseline testing of surface water contained in two holding ponds north of the decline adit and subsurface water within the decline from two wells which access the decline. This is done to collect the environmental baseline data required to permit the dewatering of the decline which terminates within the Cadillac Break at ~100m vertical depth. An unplanned work stoppage occurred in the 1980’s before completion, leaving the end of the decline approximately 40m from the northern contact of the Cadillac Break and the Piché volcanics. This also resulted in no mapping or sampling of the mineralization the decline intersects, including the Pontiac sediments, the Felsite Zone or the Cadillac Break itself. Renforth is working towards dewatering, mapping, and sampling the decline, a process which starts with the collection of required background information to support permit application.                         Qualified Person Technical disclosure in this press release has been reviewed and approved by Francis R. Newton PGeo, OGQ a “qualified person” pursuant to NI 43-101.   About Renforth Renforth is a battery metals area play with the dominant brownfield land position south of the world class Cadillac-Larder Lake Fault ("CLLF") in the prolific Cadillac and Malartic mining camps of Quebec's Abitibi. Offering exposure to gold, zinc, nickel, copper, cobalt and more, including lithium, Renforth's land position encompasses several areas of interest. Renforth's position is unique in that the both the battery metals mineralization within the Malartic Metals Package ("MMP") and our gold deposit at Parbec are road accessible, with hydro power crossing the properties, in an established and secure mining jurisdiction which regularly ranks as Top 10 (as determined by the Fraser Institute) in the world. Renforth is engaged in the active exploration of the proven MMP battery metals mineralization, working towards a maiden resource statement, and the remodeling of our Parbec gold deposit to incorporate the ~15,000m drilled subsequent to the 2019 effective date of the last MRE.    For further information please contact: Renforth Resources Inc. Nicole Brewster President and Chief Executive Officer C:416-818-1393 E: nicole@renforthresources.com #Unit 1B – 955 Brock Road, Pickering ON L1W 2X9   Follow Renforth on Facebook, LinkedIn and Instagram!   No securities regulatory authority has approved or disapproved of the contents of this news release.   Forward Looking Statements   This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as ‘may’, ‘will’, ‘plan’, ‘expect’, ‘believe’, ‘anticipate’, ‘estimate’, ‘intend’ and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company’s securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided, and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.

April 09, 2024 07:00 AM Eastern Daylight Time

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Analyst Wick Hints a Bitcoin Cash Comeback, KangaMoon Nears $4.5M, As Stacks Dips

Kangamoon

In a recent development, Crypto Analyst Wick sheds light on predictions for Bitcoin Cash during a compelling episode of the widely-followed Trading Alpha show. His analysis echoes sentiments expressed in previous discussions, prompting a closer examination of the current trend, particularly Bitcoin Cash's bullish stage 2 structure. Meanwhile, Stacks (STX) faces uncertainties as recent fluctuations spark concerns. On the horizon, KangaMoon (KANG) emerges as a top pick for the next bull run cycle, dazzling with a 290% surge and innovative features. As its community expands, analysts foresee a promising trajectory, solidifying KangaMoon's status as a crypto gem for 2024. KangaMoon (KANG): The Next Big Thing in April 2024? An upriser in the meme coin market, KangaMoon (KANG) has impressively risen above the majority of its peers. Among the multitude of new launches, KangaMoon stands out with its innovative features and remarkable performance during its ongoing presale phase. With over $4.2 million raised in presale funding, KangaMoon has captured the interest of investors seeking entry into its network. The surge in value of the KangaMoon token has been nothing short of remarkable. Within a few weeks of commencing its presale, the price of the KANG token has skyrocketed by an astounding 290%, climbing from an initial offering price of $0.005 to $0.0196 in the fifth stage. This rapid increase in value underscores the growing confidence in KangaMoon's vision and its potential to disrupt the meme coin space and the broader crypto market. With its unique blend of SocialFi and GameFi’s Play-to-Earn model, users can earn rewards in KANG tokens by participating in various battle contests and periodic social challenges. As KangaMoon's community continues to expand, boasting over 20K registered members, including over 6K token holders, it appears well-positioned for sustained growth. Meanwhile, analysts are optimistic about KangaMoon’s future, and predict it to surge at least 20X before the end of the year, thereby positioning it as a top crypto coin to watch in the coming months. Crypto Analyst Wick Suggests Predictions for Bitcoin Cash Price Crypto analyst Wick recently shared insights on Bitcoin Cash during a recent episode of the popular Trading Alpha show, echoing sentiments expressed in prior discussions. Now, the focus is on whether the current trend, marked by a bullish stage 2 structure, will hold. In the weekly price chart, Bitcoin Cash token reflected a little above 18% increase, trading from $557.3 to $699.9. Meanwhile, investors are eagerly watching for any shifts in market dynamics, ready to react accordingly. With significant potential movement ahead, all eyes are on Bitcoin Cash as it navigates this critical phase. With these projections, investors are closely monitoring whether Bitcoin Cash price will possibly cross the $700 price mark in the coming week. Stacks: Analysts Projection for the Road Ahead Stacks (STX) has been on quite a run lately, but there are concerns about its price movements. While Stacks price reflects over 9% gain in the past month, going from $2.25 to $3.8, recent movements tell a different story. Just in the last week, the native Stacks token took a nearly 5% hit, dropping from $3.45 to $3.27. Now, there are signs of a bearish pullback, which could put a damper on the current excitement. The trading volume for Stacks network is slowing down, indicating less action in the market. Still, there's a chance it could turn things around, especially considering its tie-in with Bitcoin as a layer 2 technology. Some analysts are hopeful that Stacks price could even hit $6 and rank as a top cryptocurrency in the second quarter. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://KangaMoon.com/ Join Our Telegram Community: https://t.me/KangaMoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

April 09, 2024 05:07 AM Central Daylight Time

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Bitget Wallet Deepens Ties with Pendle, Launches BWB Points Airdrop for Pendle Users

Bitget

Bitget Wallet has recently initiated a BWB Points airdrop campaign to active users of Pendle Finance, targeting those who hold YT, PT, or have engaged in transactions with assets valued at no less than $5,000 on EVM addresses. Eligible users will stand to receive BWB Points from Bitget Wallet. Currently, users will be able to obtain BWB Points that can be exchanged for BWB tokens, the official ecosystem token of Bitget Wallet, in the future. The BWB Points airdrop with Pendle will continue until April 28th, and is available to not only new and existing users of Bitget Wallet and active users of mainstream Web3 wallets, but also to specific tasks within the wallet to encourage users to accumulate points. Users can check eligibility for BWB Points here. Additionally, in an effort to incentivize active participation in the decentralized ecosystem and support the development of cooperative ecosystems and projects, Bitget Wallet has launched the BWB Ecosystem Partner Program. With over seventy popular blockchains and projects including Pendle joining the program, active users of these projects will have the opportunity to receive BWB Points from Bitget Wallet. The team expected that the BWB token to undergo TGE and IEO in the second quarter of this year. In terms of product integration, Bitget Wallet and Pendle Finance have established a deep collaboration aimed at enhancing the overall DeFi experience for users. This integration not only broadens the range of DeFi services available to Bitget Wallet users but also streamlines the experience for Pendle users, thereby improving overall usability. At the same time, Pendle Finance has also seamlessly integrated support for Bitget Wallet on its official website, allowing users to access the Pendle protocol directly via the Bitget Wallet mobile app and browser extension. This integration empowers users to leverage Pendle services, including asset purchases at discounted rates, participation in various yield strategies, Moreover, Pendle has been seamlessly integrated into the DApp browser of Bitget Wallet's mobile app, ensuring easy access for users. Furthermore, Bitget Wallet has also integrated Pendle's yield strategies into its financial services, enabling users to stake ETH and USDT on Pendle through Bitget Wallet. Users can conveniently manage staked assets within Bitget Wallet, providing insights into balance, value, and earnings records directly on the DeFi homepage. About Pendle Finance Pendle Finance is a DeFi yield trading protocol built on Ethereum, Arbitrum, and Avalanche, aiming to increase users' exposure to yields during bull markets and hedge against yield declines during bear markets, thereby maximizing user returns. About Bitget Wallet Bitget Wallet is Asia's largest and a leading global Web3 wallet with over 20 million users worldwide. It offers a comprehensive range of features, including asset management, intelligent market data, swap trading, launchpad, inscribing, and DApp browsing. Currently, it supports more than 100 major blockchains, hundreds of EVM-compatible chains, and over 250,000 cryptocurrencies. Bitget Wallet enhances liquidity by aggregating it across hundreds of top DEXs and cross-chain bridges, facilitating seamless trading on nearly 50 blockchains. For more information, visit: Website | Twitter | Telegram | Discord Contact Details PR Team media@bitget.com Company Website https://www.bitget.com/

April 09, 2024 05:43 AM Eastern Daylight Time

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Gold at $2,350 has further to go, says AuAg Funds founder and CEO

HANetf Holdings Limited

AuAg Funds founder and CEO Eric Strand discusses the current dynamics of the gold market, highlighting the metal's swift rise in value, exceeding expectations by reaching over $2,300, and maintaining a strong outlook for the year, with predictions of hitting around $2,475 to $2,500. In an interview with Proactive's Stephen Gunnion, Strand said this surge is attributed to a combination of factors, including the US interest rates and inflation landscape, backdoor quantitative easing by the Federal Reserve leading to an increased monetary base, and geopolitical tensions. Central banks worldwide, notably China, have been significant buyers of gold, contributing to its price elevation. Strand emphasized gold's historical safe-haven status, further reinforced by recent geopolitical developments and central banks' desire to increase their gold reserves as a hedge against potential future crises. Additionally, he noted the potential negative short-term impact of large retail positions in the US Commodity Exchange but maintained an overall positive outlook for gold's future pricing. Strand also pointed out that gold miners, which were undervalued, have begun to see significant returns, attributing this to stabilized costs and rising gold prices benefiting miners' profit margins. The discussion also covered uranium mining, highlighting it as a growing sector due to its role in green energy and the construction of new nuclear reactors. However, Strand cautioned about the binary risk associated with accidents in the uranium market. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

April 09, 2024 05:31 AM Eastern Daylight Time

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