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Vicinity Motors promotes Brent Phillips to President as company drives strategic initiatives

Vicinity Motor Corp.

Vicinity Motors President Brent Phillips joined Steve Darling from Proactive to discuss his recent appointment and his vision for the company's future. With over 30 years of experience in the commercial transportation field, including leadership roles in distribution and manufacturing, Phillips brings a wealth of expertise to his new position. Phillips's extensive background includes serving as General Manager at Alliance Bus Group, a prominent bus distributor, where he played a key role in driving operational excellence and sales growth. Prior to that, he served as Vice President of Sales, Commercial Bus Group at REV Group, overseeing multiple brands and distribution channels across two manufacturing facilities. In his new role as President of Vicinity Motors, Phillips will spearhead the sales, assembly, procurement, and engineering teams, while also providing clear direction for the company's sales and operations programs. His strategic focus will include bringing production of the Vicinity Lightning electric bus to Ferndale, WA, as well as enhancing the company's existing VMC 1200 Dealer network across Canada. One of Phillips's key initiatives will be to ensure that fleets have access to Canada's only purpose-built, fully-electric work truck through the VMC 1200 Dealer network. Additionally, he will focus on providing Dealers with the necessary support for vehicle sales and service, as well as launching a strategic network of VMC 1200 Dealers across the U.S. With Phillips at the helm, Vicinity Motors is poised for growth and expansion as it continues to innovate and lead in the electric vehicle market. His leadership and strategic vision will drive the company forward as it strives to deliver cutting-edge transportation solutions to customers across North America. Stay tuned for further updates as Vicinity Motors continues to make strides under Phillips's leadership. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 18, 2024 12:30 PM Eastern Daylight Time

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Downtown’s Neighbouring Rights division announces raft of cross-company signings, including Academy Award-nominated artist, ANOHNI

Downtown Music Holdings

Downtown Neighbouring Rights (DNR) has announced a wealth of new signings and cross-company partnerships across the division, including international deals with acclaimed singer-songwriter, ANOHNI, Position Music and TH3RD BRAIN Records. As part of the international neighbouring rights agreement announced today, DNR will represent ANOHNI’s entire catalog, including the acclaimed songwriter’s Academy Award-nominated song, ‘Manta Ray’, Mercury Prize-winning album, ‘I Am a Bird Now’ and her highly anticipated 2023 album, ‘My Back Was a Bridge for You to Cross’, voted Album of The Year 2023 by The New Yorker. British-born singer, songwriter and visual artist, ANOHNI has established a critically acclaimed career as both a solo artist and lead singer of the band ANOHNI and the Johnsons. The ensemble’s album, ‘I Am a Bird Now’ featured guest performances from heavyweights including Lou Reed, Boy George and Rufus Wainwright, and earnt the Mercury Prize for Album of the Year in 2005. ANOHNI has been a Downtown Music Publishing client since 2022, the news of her partnership with Downtown Neighbouring Rights comes shortly after the announcement of her first European tour with the Johnsons since 2010. Award-winning artist, ANOHNI comments, ‘Neighbouring Rights are an important and often unconsidered source of income for artists. I chose to partner with Downtown internationally to represent both my publishing and my neighbouring rights because I liked their roster, and I appreciated the warmth of their approach to me as an artist.’ Downtown continues to build a global, unified ecosystem for independent creators and music businesses to monetize, distribute, publish and market their music, with many clients opting into additional services across the group’s holistic suite. Downtown Neighbouring Rights has also entered into an international agreement with powerhouse publisher and label, Position Music, home to Welshly Arms, 2WEI, Ryan Oakes and more. Position Music are experts in licensing and synchronization, placing music across thousands of Advertising, Trailer, Film, TV, and Video Game projects and contributing to some of the most popular works of the past two decades. More recently, the company has focused efforts on building out its expanding label division, with Position Music ramping up frontline label activities and signing a raft of artists including Kyle Dion, Elohim, NoMBe, Kid Bloom, and others. US-based independent label, TH3RD BRAIN Records - home to artists like Emmit Fenn and Brazilian producer, Zerb whose single ‘Mwaki’ hit number one on Spotify’s Viral 50 Global and #2 on Global Shazam charts - is a client of both Downtown-owned, distributor FUGA and royalty accounting platform Curve. Downtown Neighbouring Rights today announces the label has also signed an international rights agreement with the company across its prolific catalog affirming Downtown’s strategy to add value to clients across its wide spectrum of services Dean Francis, General Manager of Downtown Neighbouring Rights comments, ‘Downtown Neighbouring Rights has had a great start to 2024 and continues to sign exceptional global talent that serve as a testament to our expertise and offering. We’re proud to represent acclaimed artists such as ANOHNI and collect on behalf of forward-thinking labels like Position Music and Th3rd Brain. This all forms part of the global ecosystem at Downtown which ensures artists and creators at all levels are supported and empowered through its multitude of services.’ About Downtown Music Holdings & Downtown Neighbouring Rights Downtown is the world's leading music services company with over 2 million clients from 145 countries representing a catalog of over 38 million music assets in a wide variety of genres and languages. Downtown's technology and service offerings support creators and businesses in all facets of the music industry including music creation, distribution, publishing, marketing, royalty collection, financing, accounting and payment services. Powered by FUGA’s end-to-end technology, Downtown Neighbouring Rights offers a bespoke, client-centric offering to a wide-range of artists and labels from in-house experts with more than thirty years of experience. Downtown Neighbouring Rights clients include Justin Bieber, One Republic, Jon Batiste, Sub Pop Records, Lindsey Buckingham and the Estate of Ella Fitzgerald, Miles Davis and Meat Loaf. Contact Details Kite Hill PR +1 856-313-5532 downtownmusic@kitehillpr.com Company Website https://www.downtownmusic.com/

April 18, 2024 10:00 AM Eastern Daylight Time

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Wormhole Foundation Awards Contributor Grant to Supranational for Wormhole ZK Hardware Acceleration

Wormhole Foundation

Wormhole Foundation, steward of the Wormhole interoperability platform, today announced the awarding of a Contributor Grant to Supranational, a renowned innovator in hardware-accelerated cryptography. The collaboration between Supranational and Wormhole contributors aims to enhance the Wormhole protocol's efficiency and security through ZKP hardware acceleration. This partnership focuses on reducing time and costs associated with creating 'light-client' proofs, crucial for trustless transfers between blockchains. Supranational will leverage its CPU and GPU acceleration expertise to minimize proof generation latency, enhancing Wormhole ZK's cross-chain interactions. “We're excited to team up with Supranational to continue increasing security and trustlessness in the Wormhole platform,” said Dan Reecer, Wormhole Foundation Co-Founder & Chief Operating Officer. “By accelerating zero-knowledge proofs through hardware, we're not only boosting efficiency and security but also laying the groundwork for faster scaling to support more blockchain connections for Wormhole.” Supranational designs and develops hardware-accelerated cryptography for verifiable and confidential computing. The team has decades of experience in algorithmic optimization, and their work spans across CPU, GPU, FPGA, and ASIC computing platforms. In particular, the team is focused on developing open source, permissively-licensed, and production-grade cryptographic libraries. One of the most well-known examples of these libraries is blst, a high-performance and high-assurance implementation of BLS signatures. This library is currently used by blockchain networks, including Ethereum, Optimism, Aptos, Sui, and more. Blockchain protocols leverage this library to help them securely scale their consensus protocols and the library currently helps to secure over $100B of assets. In addition to their work on the cryptography powering consensus and asset management, Supranational also develops hardware acceleration for emerging cryptographic techniques such as zero-knowledge proofs (ZKPs). For example, their open source library, sppark, is used to accelerate the core primitives of SNARKs and STARKs with high-performance GPU implementations. This library is currently used by the Filecoin protocol and helps to generate over 75% of the ZKPs in the blockchain space. In addition to Filecoin, the library is also used by other leading verifiable and privacy preserving protocols such as Aleo, Risc0, and more. About Wormhole Foundation Wormhole Foundation is the steward of Wormhole - the world’s first generalized messaging protocol. Our mission is to empower passionate people in the research and development of blockchain interoperability technologies. Through grants, research, and ecosystem programs, we seek to enable teams to build secure, open-source, and decentralized products within the Wormhole ecosystem. If you’re interested in helping achieve our mission, contact us at hello@wormhole.foundation. About Supranational Supranational designs and develops hardware accelerated cryptography for verifiable and confidential computing. The team has decades of experience in algorithmic optimization across CPU, GPU, FPGA, and ASIC platforms. Accelerated cryptography developed by Supranational is currently in production in blockchain networks such as Ethereum, Optimism, Filecoin, Aptos, Sui, Chia, and more. For more information, visit https://www.supranational.net/ or e-mail hello@supranational.net. Contact Details Wahaj Khan +1 630-935-7684 wahaj@dittopr.co Company Website https://wormhole.com/

April 18, 2024 10:00 AM Eastern Daylight Time

FPX Nickel secures key expansion to alliance with Japan Organization for Metals and Energy Security

FPX Nickel Corp

FPX Nickel CEO Martin Turenne joined Steve Darling from Proactive to announce an expansion of the company's Global Generative Alliance program with the Japan Organization for Metals and Energy Security (JOGMEC). Building on the progress achieved in Year One and the positive momentum generated thus far, FPX and JOGMEC have agreed to an expanded budget for Year Two of the program. Turenne elaborated on the developments, emphasizing that the program will continue to focus on the global identification and acquisition of high-quality awaruite nickel properties akin to the company's flagship Baptiste Nickel Project in central British Columbia. Under the expanded Year Two budget, the alliance's financial resources will increase from the initially planned $650,000 to $1,500,000. This significant boost in funding reflects the continued commitment of both FPX and JOGMEC to advancing the exploration and acquisition efforts in pursuit of strategic mineral assets. The ongoing evaluations, spanning five international jurisdictions and three Canadian provinces, remain on track to define Designated Projects that will be joint ventured by FPX and JOGMEC starting in Year Two. Notably, the alliance has already staked approximately 120 km2 of prospective ground in British Columbia, underscoring the company's proactive approach to securing promising mineral tenure. Looking ahead, FPX Nickel is strategically positioning itself for additional mineral tenure acquisitions within British Columbia, as well as in other regions across Canada and internationally. These efforts align with the company's overarching objective of identifying and advancing high-potential projects that complement its existing portfolio. As the Generative Alliance program continues to progress, FPX Nickel remains committed to leveraging its partnership with JOGMEC to drive exploration success and unlock value for shareholders. With a strategic focus on securing promising mineral assets and advancing exploration initiatives, FPX Nickel is well-positioned for continued growth and success in the dynamic nickel market. Stay tuned for further updates as the company executes its strategic initiatives and pursues its vision of becoming a leading player in the nickel industry. Contact Details Proactive Canada +1 604-688-8158 action@proactiveinvestors.com

April 18, 2024 09:45 AM Eastern Daylight Time

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BioHarvest Sciences secures new state of the art 80,0000 square foot manufacturing facility

BioHarvest Sciences Inc

BioHarvest Sciences CEO Ilan Sobel joined Steve Darling from Proactive to to unveil two significant agreements that mark a transformative milestone for the company: an equipment purchase agreement for 12 state-of-the-art GMP clean rooms and a long-term lease agreement for a new 80,000 square foot facility in Yavne, Israel. Sobel elaborated on the exciting developments, highlighting that the new facility represents a major expansion for BioHarvest Sciences. Equipped with industry-leading clean rooms, as well as fully built-out laboratory space and offices, the facility is poised to support the company's ambitious growth plans. Notably, it also provides the necessary infrastructure to accommodate the anticipated expansion of the Contract Development and Manufacturing Organization (CDMO) Business Unit. The strategic significance of this transaction lies in its immediate access to cutting-edge clean rooms and laboratories, essential for meeting the evolving needs of both the Products Business Unit and CDMO customers. Furthermore, the facility boasts ample additional space, enabling the construction of a new 50-ton manufacturing facility slated for operation in the second half of 2025. This facility will incorporate upgraded equipment and technologies, representing the second generation of the Botanical Synthesis manufacturing process. These enhancements are designed to optimize production yields and efficiencies, further solidifying BioHarvest Sciences' position as a leader in botanical synthesis technology. Sobel emphasized that the relocation of Research & Development and corporate administrative offices to the new BioHarvest Campus is imminent, expected to be completed within the next 6-9 months. This consolidation of operations underscores BioHarvest Sciences' commitment to streamlining its operations and fostering collaboration across its various business units. As BioHarvest Sciences embarks on this exciting new chapter of growth and expansion, Sobel expressed confidence in the company's ability to capitalize on the vast opportunities that lie ahead. With its state-of-the-art facilities and cutting-edge technologies, BioHarvest Sciences is poised to drive innovation and deliver value to its customers and stakeholders alike. Stay tuned for further updates as the company continues to forge ahead on its journey of growth and success. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 18, 2024 09:43 AM Eastern Daylight Time

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First Phosphate announces former U.S. Department of Commerce Director joins Advisory Board

First Phosphate Corp

First Phosphate Corp CEO John Passalacqua and news Advisory Board member Gary Stanley joined Steve Darling from Proactive to announce an exciting development: the appointment of Stanley to the company's advisory board. With over 40 years of experience with the U.S. Department of Commerce in Washington, DC, Stanley brings a wealth of expertise and insight to First Phosphate Corp's strategic endeavors. Throughout his illustrious career, Stanley has served under every U.S. President from Ronald Reagan to Joe Biden, leveraging his extensive experience to collaborate with both public and private sector stakeholders. His efforts have been instrumental in strengthening American supply chains and enhancing U.S. global competitiveness across critical minerals, metals, chemicals, and other materials industries. Passalacqua highlighted Stanley's pivotal role as the lead author of the 2019 US Federal Critical Minerals Strategy, a seminal document that laid the groundwork for the U.S. Government's critical mineral supply chain prerogatives. This landmark initiative not only shaped policy frameworks but also catalyzed collaborative efforts between the United States and its allies, including the creation of the 2019 USA-Canada Critical Minerals Working Group. Under Stanley's leadership, this working group has played a pivotal role in advancing numerous critical minerals projects involving American and Canadian companies, fostering cooperation and innovation within the sector. His appointment to First Phosphate Corp's advisory board signifies a strategic alignment aimed at leveraging his unparalleled expertise to drive the company's growth and success in the burgeoning critical minerals landscape. As First Phosphate Corp continues to pursue its strategic objectives and navigate the dynamic regulatory and market landscape, Stanley's guidance and insights will prove invaluable. With his wealth of experience and deep understanding of critical minerals issues, Stanley is poised to make a significant contribution to the company's mission of unlocking value and driving innovation in the critical minerals sector. Stay tuned for further updates as First Phosphate Corp leverages Stanley's expertise to chart a course for sustained success and leadership in the industry. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

April 18, 2024 09:40 AM Eastern Daylight Time

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GinsGlobal CEO highlights unique investment approach amidst evolving tech landscape

HANetf

Anthony Ginsberg, CEO of GinsGlobal Index Fund joined Steve Darling from Proactive to provide an overview and update on the Tech Megatrend ETF. Ginsberg delved into the fund's global scope and strategic approach, highlighting its distinctive characteristics and investment strategy. The Tech Megatrend ETF stands out for its global footprint, encompassing a diverse technology benchmark with approximately 60% exposure to the US market and significant allocations to Japan, China, and Europe. Unlike the NASDAQ, which is heavily concentrated in a few large tech companies, the GinsGlobal Index Fund adopts an equally weighted approach across its 120 holdings, with no single holding typically exceeding 2%. This strategy allows the fund to capture a broad range of technology sub-themes, including digital entertainment, social media, blockchain, electric vehicles, cybersecurity, artificial intelligence, and robotics. Ginsberg underscored the fund's favorable price-to-earnings ratio, currently hovering around 18 times, indicating that its stocks are not overvalued compared to certain market segments. He also highlighted the potential for expansion beyond mega-cap companies, buoyed by positive economic indicators in the US and the possibility of lower interest rates, which could bode well for mid and small-cap stocks. Regarding acquisition trends, Ginsberg noted the active involvement of both large and mid-sized companies in mergers and acquisitions, with mid-sized firms representing attractive targets that do not trigger antitrust concerns. He also discussed the potential impact of a strong dollar and the US government's initiatives aimed at reducing reliance on foreign technology, which could bolster North America's competitiveness and stimulate onshoring trends. In conclusion, Ginsberg's insights shed light on the dynamic landscape of the technology sector and the strategic positioning of the Tech Megatrend ETF within it. As the fund continues to navigate market trends and capitalize on emerging opportunities, investors can expect to benefit from its diversified portfolio and forward-looking investment approach. Stay tuned for further updates as GinsGlobal Index Fund continues to drive innovation and growth in the technology space. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

April 18, 2024 09:38 AM Eastern Daylight Time

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Gold Terra Resources drilling Intersects Con Shear and Gold in Hanging Wall at Con Mine Property

Gold Terra Resource Corp

Gold Terra Resources Chairman and CEO Gerald Panneton joined Steve Darling from Proactive to unveil exciting developments regarding the company's deep drill hole targeting the Campbell Shear beneath the Con Mine workings. The drill hole, initiated in early February, has yielded significant results, including the intersection of the Con Shear from 1366 to 1405 meters—a secondary shear structure—along with new gold mineralization discoveries. Panneton provided insights into the findings, highlighting the discovery of gold mineralization reaching up to 13.90 g/t Au over a span of 0.60 meters in the hanging wall granite host of the Con shear at multiple depths along the drill hole. Notably, the Con Shear intersection is characterized by intense silicification of mafic volcanic and intermediate intrusive rocks, with a prominent quartz vein present along the intermediate intrusive-mafic volcanic contact. Additionally, numerous quartz veins with pyrite mineralization were observed within the strongly silicified and sheared zone, indicative of significant mineralization potential. The intermittent yet robust shearing observed over the interval underscores the geological complexity and mineralization potential of the area. Building on these promising results, the 2024 deep drilling program aims to expand upon the initial Mineral Resource Estimate from September 2022, which identified 109,000 Indicated ounces of contained gold and 432,000 Inferred ounces of contained gold between surface and a depth of 400 meters below surface along a 2-kilometer corridor of the Campbell Shear. With these latest discoveries, Gold Terra Resources is poised to unlock further value and potential within its extensive exploration portfolio. The company's commitment to advancing its exploration initiatives and maximizing shareholder value is evident in its proactive approach to exploration and resource expansion. As Gold Terra Resources continues to explore and develop its projects, stakeholders can look forward to further updates and advancements in the company's quest to uncover the full potential of its mineral assets. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 18, 2024 09:36 AM Eastern Daylight Time

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Lumina Gold CEO Discusses Impact of Rising Gold Prices on Project Valuations

Lumina Gold Corp

Lumina Gold CEO Marshall Koval joined Steve Darling from Proactive to shedding light on the significant impact of rising gold prices on the company's projects. The focal point of the conversation was Lumina's Cangrejos project in Ecuador, with a particular emphasis on the updates since the pre-feasibility study conducted in early 2023. During the pre-feasibility study, conducted when gold was priced at $1,650 per ounce and copper at $375 per pound, projections revealed a net present value (NPV) of $2.2 billion and an internal rate of return (IRR) of 17.2%. However, with current gold prices soaring to $2,350 per ounce and copper reaching $425 per pound, the NPV has skyrocketed to approximately $4.2 billion—an astounding 85% increase—while the IRR has surged to 27%. This remarkable upturn underscores the immense value inherent in Lumina Gold's projects, propelled by the favorable market conditions. Despite this positive development, Koval highlighted a notable disparity between the market valuation of gold equities and physical gold prices. Lumina Gold's share price has not mirrored the substantial increase in gold prices or the growth in project reserves, which have expanded by a remarkable 400% since 2017. This discrepancy underscores the potential for significant value appreciation in Lumina Gold's stock, presenting an enticing opportunity for investors. Koval also provided insights into ongoing developments, revealing that a feasibility study is currently underway and expected to conclude in May of 2025. Major fieldwork has been completed, and ongoing metallurgical testing is further enhancing the project's viability. Additionally, Koval highlighted the company's financial stability, bolstered by funding through the Wheaton stream, and anticipated the commencement of environmental assessments in the near future. As Lumina Gold continues to advance its projects amidst a backdrop of favorable market conditions, the company remains poised to capitalize on the burgeoning demand for gold and copper. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 18, 2024 09:34 AM Eastern Daylight Time

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