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SEC Treasury Clearing Mandate: What Market Participants Need to Know

Tradeweb

Late last year, the U.S. Securities and Exchange Commission (SEC) adopted a new set of rules requiring the majority of trades in the $26 trillion U.S. Treasuries markets to be cleared through a central counterparty clearinghouse. Coupled with new regulations that expand dealer registration requirements, the changes represent arguably the most significant overhaul yet to the structure of the world’s largest and most liquid market. The new rules are set to be phased-in beginning in March 2025, with Treasury cash clearing beginning December 31, 2025, and repo clearing beginning June 30, 2026. For those of us who were around to see a similar-looking mandate introduced in the interest rate derivatives markets as part of the Dodd-Frank Act following the 2008 financial crisis, there is a feeling of deja vu. Back then it seemed all anyone could talk about was fears that: swaps liquidity would grind to a halt; increased trading costs would put entire industry segments out of business; and overreliance on clearinghouses would create new systemic risks. Thankfully, those fears did not materialize. Perhaps because we’ve all now lived through more than a decade of smooth operation in centrally cleared swaps markets and steady growth of electronic swaps trading, or maybe because the Treasury clearing mandate was ultimately narrower than many in the industry had initially anticipated, much of the fear-mongering that came along with Dodd-Frank has been absent this time around. Still, despite the relative calm with which the news was digested, lingering concerns about clearing capacity and ever-growing capital requirements for the banks are very much a factor for market participants as they prepare for upcoming central clearing deadlines. Clearinghouse Access and Trading Costs When it comes to the Treasury clearing portion of the mandate, a primary concern is the threat of increased trading costs. Strategists at Deutsche Bank were quoted in the Financial Times saying, “On the flip side, dealers will face higher clearing costs, which they may pass down to customers in the form of wider spreads.” It’s still anyone’s best guess which clearinghouses will ultimately launch Treasury clearing offerings and what clearing model(s) they will employ. Today, Fixed Income Clearing Corporation (FICC) is the only clearing agency for U.S. Treasury transactions. At FIA Boca in mid-March 2024, however, CME announced their plan to enter the space, and we understand that other existing clearinghouses are also focusing closely on the U.S. Treasury market. There are also unanswered questions about who, exactly, will need to clear, which is dependent to some extent on the implementation of SEC’s expanded broker-dealer rule. Under the new clearing rules, all U.S. Treasury trades between members of a clearinghouse and registered broker-dealers, and any trades made via an interdealer broker must be cleared. Most bank dealers in this market are direct members of FICC and currently clear their trades there. However, under these new rules, other participants, such as Proprietary Trading Firms (PTFs), who may need to register to become broker-dealers, will need to start clearing their trades. This expanded broker-dealer rule, it’s worth noting, is currently being challenged. In other markets, participants who are not direct participants of a clearinghouse can only access the clearing agency through another market participant who is a direct participant, usually through a “sponsored” or futures commission merchant (FCM) model. Implementing these types of models in the U.S. Treasury space raises questions about commercial viability. The banks who traditionally offer services to sponsor non-banks at a clearinghouse may find that these businesses are not commercially compelling, especially if they are required to hold more and more capital. As a result, indirect participants may find it challenging and expensive to contract with banks to access a clearinghouse, which could result in increased overall trading costs to indirect participants. Market Resiliency and Liquidity As discussed above, the potential for increased costs could have an unintended impact on the U.S. Treasury market. Widely regarded as the most liquid marketplace in the world, any incremental slowdown in that liquidity could create significant knock-on effects in adjacent markets, and more urgently, affect the U.S. government’s ability to fund itself. Liquidity in U.S. Treasury markets is critical in all market conditions, but the consequences of illiquidity can be particularly acute during times of volatility or market stress. The market disruptions at the beginning of the COVID crisis in March 2020 clearly illustrate this issue. The introduction of central clearing would not alleviate liquidity constraints such as those seen in March 2020, and to the contrary, there is an argument that the obligation to meet increased margin and collateral calls during these times would introduce greater stress into the system and ultimately diminish liquidity even further. Part of that will come down to how access to FICC, or a new-entrant clearinghouse, is either encouraged or disincentivized. This will depend on whether or not commercial terms and/or netting arrangements can be leveraged to make clearing terms more attractive for market participants. DTCC and CME have made headway in this space, but as CME and other clearinghouses pursue their own clearing offerings, other solutions may also emerge. On the flip side, it is possible that, depending on exactly how the details of the clearing mandate are implemented, the requirement could increase dealer capacity in certain markets. Netting, for example, whereby the clearinghouse can aggregate several trades to reduce overall risk exposure, could reduce dealer capital and balance sheet capacity attributed to specific trades, giving the dealer the ability to enter into additional transactions. For this benefit to be realized, however, the SEC and market participants will need to understand and consider precisely how any clearing mandate would affect with the relevant capital and accounting rules, as well as regulatory initiatives still in flight such as Basel III Endgame. In either scenario, it is important to recognize that the detailed mechanics of the clearing process could have a material impact on overall liquidity in U.S. Treasury markets. What’s Next Just as we saw with the central clearing of swaps, the next several months will be filled with conversations on the specific details of implementation, which will collectively determine the long-term impacts of the Treasury clearing mandate on counterparty risk, trading costs and liquidity. Tradeweb’s deep presence across institutional, wholesale and retail markets position us well to help our clients navigate these upcoming changes. Over the next year, we will continue to work closely with dealers, customers, clearinghouses, and regulators to ensure a seamless clearing process on our platforms. We’ll also provide updates every step of the way to ensure our clients are ready to address any new details as they emerge. This will include updates around the central clearing mandate as it relates to repo transactions in U.S. Treasuries, and what these regulatory requirements mean for market participants trading repo and our industry more broadly. About Tradeweb Markets Tradeweb Markets Inc. (Nasdaq: TW) is a leading, global operator of electronic marketplaces for rates, credit, equities and money markets. Founded in 1996, Tradeweb provides access to markets, data and analytics, electronic trading, straight-through-processing and reporting for more than 50 products to clients in the institutional, wholesale and retail markets. Advanced technologies developed by Tradeweb enhance price discovery, order execution and trade workflows while allowing for greater scale and helping to reduce risks in client trading operations. Tradeweb serves more than 2,500 clients in more than 70 countries. On average, Tradeweb facilitated more than $1.4 trillion in notional value traded per day over the past four quarters. For more information, please go to www.tradeweb.com. Forward-Looking Statements This release contains forward-looking statements within the meaning of the federal securities laws. Statements related to, among other things, our outlook and future performance, the industry and markets in which we operate, our expectations, beliefs, plans, strategies, objectives, prospects and assumptions and future events are forward-looking statements.We have based these forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond our control. These and other important factors, including those discussed under the heading “Risk Factors” in documents of Tradeweb Markets Inc. on file with or furnished to the SEC, may cause our actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements contained in this release are not guarantees of future performance and our actual results of operations, financial condition or liquidity, and the development of the industry and markets in which we operate, may differ materially from the forward-looking statements contained in this release. In addition, even if our results of operations, financial condition or liquidity, and events in the industry and markets in which we operate, are consistent with the forward-looking statements contained in this release, they may not be predictive of results or developments in future periods.Any forward-looking statement that we make in this release speaks only as of the date of such statement. Except as required by law, we do not undertake any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this release. Contact Details Tradeweb Media Contact Savannah Steele +1 631-655-4225 Savannah.Steele@Tradeweb.com Tradeweb Media Contact Daniel Noonan +1 646-767-4677 Daniel.Noonan@Tradeweb.com

March 26, 2024 08:42 AM Eastern Daylight Time

News Release

BYND Cannasoft Provides Business Update

BYND Cannasoft Enterprises

ASHKELON, Israel and VANCOUVER, British Columbia – TheNewswire – March 26, 2024 - BYND Cannasoft Enterprises Inc. (Nasdaq:BCAN) (“BYND Cannasoft” or the “Company”) an Israeli-based integrated software company, announced today that following the significant fundraising carried out by the company in the past month, the Company intends to use the liquid funds to penetrate into the developing global Femtech sector while suspending plans for the construction of the Company’s planned medical cannabis growing facility and focusing on trying to acquire companies, mainly in the field of CBD and Femtech business. Decision to suspend the construction of the medical cannabis facility The Company’s board of directors’ decision to suspend activities related to construction of the Company’s planned medical cannabis growing facility was taken in light of management’s observation of significant negative changes in the medical cannabis market around the world, and particularly in Israel, that have taken place since the time the Company was established primarily in the cannabis farms line of business (due to consolidation in the industry, the economic viability for construction of a cannabis farm is low and the increase in the number of cannabis farms in Israel that have recently went out of business). The Board also considered the lack of funds for the required budget for the construction of the facility, and the ongoing war involving the State of Israel and the proximity of the area designated for cultivation to the border with Gaza. The Company’s board of directors intends to revisit the suspension in July 2024. Female Technology (Fem-Tech) As part of the Company's new strategy and following the development of the EZ-G Device, aimed at the technology field of the female wellness world, the Company intends to work to further pursue business opportunities in the world of Femtech. To this end, the Company intends to focus in the coming years on the development of additional products for the female wellness world, both at the level of technology and at the level of materials, some of which we expect will be CBD-based. About the Femtech sector "According to Straits Research, “The global femtech market size was valued at USD 45.75 billion in 2022. It is estimated to reach USD 139.51 billion by 2031, growing at a CAGR of 13.12% during the forecast period (2023–2031).” * Women have a significant impact on the healthcare industry. Women constitute fifty percent of healthcare consumers worldwide. Approximately ninety percent of women are the primary healthcare decision-makers in their homes. Additionally, women are 75% more likely than males to utilize digital healthcare tools. Approximately 80% of healthcare providers are female, with the preponderance being nurses. Women's participation in various sectors promoting healthcare can impact the adoption of femtech solutions. Femtech or female technology consists of software, diagnostic devices, and products that target women's health using technology. The primary areas of emphasis include reproductive health, pregnancy and lactation care, pelvic and uterine care, and more. Additionally, femtech companies provide remedies for fundamental health problems, such as osteoporosis, that affect women more frequently or differently than men. Femtech encompasses using digital health to encourage women to access and utilize applications for managing their health concerns." * *https://finance.yahoo.com/news/global-femtech-market-size-estimated 152000742.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAADxu1hPZubc8wPMpkhk3CuMheA6quYhXQcUbsUG0MZH0gz1TGIKsOsyex9GtqEWHcy430Cf9lyBhKNOgnHW8YW-eTbo3xQ5bqlhdr4YsFWf2pHC5xd14-RfauhVe4yQfGU1kqNEkA1jcOSO4JEpJj_H3eE0QBxNn6lOZAQyF5XmV About BYND Cannasoft Enterprises Inc. BYND Cannasoft Enterprises is an Israeli-based integrated software and cannabis company. BYND Cannasoft owns and markets "Benefit CRM", a proprietary customer relationship management (CRM) software product enabling small and medium‐sized businesses to optimize their day‐to‐day business activities such as sales management, personnel management, marketing, call center activities, and asset management. Building on 20 years of experience in CRM software, BYND Cannasoft is developing an innovative new CRM platform to serve the needs of the medical cannabis industry by making it a more organized, accessible, and price-transparent market. The Cannabis CRM System will include a Job Management (BENEFIT) and a module system (CANNASOFT) for managing farms and greenhouses with varied crops. BYND Cannasoft owns the patent-pending intellectual property for the EZ-G device. This therapeutic device uses proprietary software to regulate the flow of low concentrations of CBD oil, hemp seed oil, and other natural oils into the soft tissues of the female reproductive system to potentially treat a wide variety of women's health issues. The EZ-G device includes technological advancements as a sex toy with a more realistic experience and the prototype utilizes sensors to determine what enhances the users' pleasure. The user can control the device through a Bluetooth app installed on a smartphone or other portable device. The data will be transmitted and received from the device to and from the secure cloud using artificial intelligence (AI). The data is combined with other antonymic user preferences to improve its operation by increasing sexual satisfaction. Commercialization of the EZ-G device is subject to receipt of regulatory approvals. For further information please refer to information available on the Company’s website: www.cannasoft-crm.com, and on SEDAR+: www.sedarplus.ca. Gabi Kabazo Chief Financial Officer Tel: (604) 833-6820 e‐mail: ir@cannasoft-crm.com Cautionary Note Regarding Forward-Looking Statements This press release includes certain statements that may be deemed “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended and under Canadian securities laws. When used in this press release, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward‐looking statements. Such statements, which include but are not limited to planned business activities, are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual events or developments may differ materially from those in forward-looking statements. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause the Company’s actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Such statements reflect the Company's current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made, including future financial performance, unanticipated regulatory requests and delays, final patents approval, and those factors discussed in filings made by the Company with the Canadian securities regulatory authorities, including (without limitation) in the Company's management's discussion and analysis for the year ended December 31, 2022 and annual information form dated March 31, 2023, which are available under the Company's profile at www.sedarplus.ca, and in the Company’s Annual Report on Form 20-F for the year then ended that was filed with the U.S. Securities and Exchange Commission on April 27, 2023. Should one or more of these factors occur, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward‐looking statements, except as required by law. Any such forward-looking statements represent management's estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change. Shareholders are cautioned not to put undue reliance on such forward‐looking statements.

March 26, 2024 08:32 AM Eastern Daylight Time

GSP Resource Samples 11% Copper and 0.65 g/t Gold from Surface and Completes Ground Geophysical Surveys at Alwin Mine Copper-Silver-Gold Project

GSP Resource Corp.

Vancouver, British Columbia / TheNewswire / March 26, 2024: GSP Resource Corp. ( TSX-V: GSPR ) (the “ Company ” or “ GSP ”) reports the assay results of surface rock grab sampling and the results of ground geophysical surveys at the Alwin Mine Copper-Silver-Gold Project (the “Alwin Property”). The results of surface rock grab sampling, which includes a sample from the historic 3 Zone that returned 11% Cu (copper) and 0.65 g/t (grams-per-tonne) Au (gold), and the identification of magnetic low structural lineaments hosting polymetallic mineralization, point the way to enhanced drill targeting for the 2024 exploration season. The Company also announces that it has acquired additional historical exploration data for the Alwin Mine including over 200 underground geological level plans, cross and longitudinal sections. The updated geological maps have recently been digitized in preparation for addition to 3D mine planning software and will be instrumental in the continued refinement of the Alwin Mine 3D models (geological and mineralization) that are expected to continue to drive new discoveries in 2024. The 3D modeling work completed by the Company, including digital capture of over 50,000 meters of surface and underground diamond drilling, has already resulted in exploration success the with recent the fall 2023 diamond drill program that yielded some of the highest grades of copper and precious metals drilled at the Alwin Property in the project’s history. Significantly, drillhole AM23-01 intersected 2.42% Cu, 47 g/t Ag, and 0.57 g/t Au over 12.8 m (3.14% copper-equivalent, CuEq); including 5.7 m averaging 5.21% Cu, 103 g/t Ag and 1.22 g/t Au (6.77 CuEq) ( see GSP Resource Corp. news release dated February 20, 2024 ). GSP’s President & CEO, Simon Dyakowski, commented: “With the Copper price recently surpassing US$4/pound, now is great time own a historic high-grade copper mine in an area well suited for potential brownfield development. S&P Global Market Intelligence projects that annual global copper demand will nearly double to 50 million tonnes by 2035. Last year, global copper mine production sat at approximately 22 million tonnes, short of even the current demand. The recent surface assay results verify and confirm the presence of exceptionally high-grade copper values at surface, reaffirming the potential of the historic mineralized zones targeted during past underground development. Ground surveys have delivered a modern orientation survey over the known historic mineralized area. The magnetic response successfully delineated subsurface structures that host copper and polymetallic mineralization. Future geophysical and geochemical surveys over a larger area of the Alwin Property are planned to expand on the results to identify additional structures with the potential to host mineralization.” During the Fall 2023 exploration season, select grab samples were collected from the surface expression of the historic 3 Zone mineralized structure from previously unsampled trenches excavated in 1993 testing the surface expression of the historic 4 Zone. (Figures 1 and 2; Table 1). In addition to grab samples, an orientation ground geophysical program totaling 6.6 line-kilometres was completed to provide a detailed magnetic dataset and assessing potential responses from very-low frequency electromagnetic (VLF-EM) at the Alwin Property. The magnetic survey (Vertical Derivative of magnetic dataset shown in Figure 1) provided an enhanced understanding of structures within the host Bethsaida granodiorite known to control mineralization at the Alwin Mine. Linear magnetic lows parallel to mineralized zones were observed. These magnetic anomalies appear to correlate with drill core magnetic susceptibility measurements, which showed fresh and less altered rocks yielded a higher magnetic response than that of structural shears and veins that host mineralization. An expanded program of ground geophysical surveys is being designed to expand the zone of mineralized structures beyond the limits of the Alwin Mine zone. Click Image To View Full Size Figure 1. Alwin Mine Plan Map – 2023 Ground Magnetics and Rock Grab Sample Locations Figure 2. Alwin Mine Mineralized Pit Sample 625453 (11% Cu, 0.65 g/t Au) Click Image To View Full Size Table 1. Alwin 2023 Rock Grab Sample Assay Results About the Alwin Mine Project: The Alwin Mine Copper-Silver-Gold property is approximately 575.72 hectares and is located on the semi-arid, interior plateau in south-central British Columbia. The historic underground mine was developed over 500 m long by 200 m wide by 300 m deep. Production took place between 1916 to 1981 from five major subvertical high-grade copper mineralization zones totaling 233,100 tonnes that milled 3,786 tonnes of copper, 2,729 kilograms of silver and 46.2 kilograms of gold. The average diluted head grade was 1.5% copper. The Alwin Property is adjacent with the western boundary of Teck Corporation’s Highland Valley Mine, the largest open-pit porphyry copper-molybdenum mine in western Canada. Alteration and mineralization of the Highland Valley hydrothermal system extends westward from the Highland Valley mine onto the Alwin property (see GSP’s news release dated January 30, 2020). Methodology and QA/QC The analytical work reported on herein was performed by ALS Global (“ALS”), Vancouver, Canada. ALS is an ISO-IEC 17025:2017 and ISO 9001:2015 accredited geoanalytical laboratory and is independent of GSP Resource Corp. and the QP. Surface grab samples were subject to crushing at a minimum of 70% passing 2 mm, followed by pulverizing of a 250-gram split to 85% passing 75 microns. Base and precious metals were determined via four-acid digestion 33 element ICP-AES geochemistry, gold determined via 30-gram fire assay and ICP-AES, and overlimit values for copper (>10%) were analyzed via four-acid digestion ICP-AES or AAS. GSP Resource Corp. follows industry standard procedures for the work carried out on the Alwin Mine Project, with a quality assurance/quality control (QA/QC) program followed for the 2023 drilling. Due to the small number of surface grab samples collected, blank, duplicate, and standard samples were not inserted into the sample sequence. GSP Resource Corp. is not aware of any sampling, recovery, or other factors that could materially affect the accuracy or reliability of the data referred to herein. The ground geophysical survey grid comprised 14 lines, spaced 50 metres apart, oriented at 018-198 ° with lines averaging 450 metres in length. The ground magnetic and VLF-EM geophysical survey were conducted using a GEM GSM-19V Overhauser magnetometer with a VLF attachment, with diurnal correction provided by a second stationary base GEM GSM-19V magnetometer. Qualified Person: The scientific and technical information contained in this news release has been reviewed and approved by Kristopher J. Raffle, P.Geo. (B.C.), principal and consultant of APEX Geoscience Ltd. of Edmonton, AB, a consultant to the Company and a “qualified person” as defined in National Instrument 43-101 — Standards of Disclosure for Mineral Projects. Mr. Raffle has verified the data disclosed, which includes a review of the sampling, analytical and test data underlying the information and opinions contained herein. Mineralization hosted on nearby properties is not necessarily indicative of mineralization that may be hosted on the Alwin property. About GSP Resource Corp.: GSP Resource Corp. is a mineral exploration & development company focused on projects located in Southwestern British Columbia. The Company has an option to acquire a 100% interest and title to the Alwin Mine Copper-Gold-Silver Property in the Kamloops Mining Division, as well as an option to acquire 100% interest and title to the Olivine Mountain Property in the Similkameen Mining Division, of which it has granted an option to earn a 60% interest to a third party. Contact Information - For more information, please contact: Simon Dyakowski, Chief Executive Officer & Director Tel: (604) 619-7469 Email: simon@gspresource.com 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 Information This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, carrying out future exploration work on the Company’s projects, other statements relating to the technical, financial and business prospects of the Company, its projects and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses, and those filed under the Company’s profile on SEDAR+ at www.sedarplus.ca. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather or climate conditions, failure to maintain all necessary government permits, approvals and authorizations, failure to obtain or maintain community acceptance (including First Nations), decrease in the price of copper, gold, silver and other metals, increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

March 26, 2024 08:01 AM Eastern Daylight Time

Image

Announcing the 50mm F1.2 DG DN | Art lens, the Brightest 50mm Prime Lens in SIGMA's Lineup

SIGMA CORPORATION OF AMERICA

SIGMA Corporation of America, the US subsidiary of SIGMA Corporation (CEO: Kazuto Yamaki. Headquarters: Asao-ku, Kawasaki-shi, Kanagawa, Japan) is pleased to announce the new SIGMA 50mm F1.2 DG DN | Art lens, a remarkably compact, ultra-fast standard prime lens for full-frame mirrorless camera systems. The new SIGMA 50mm F1.2 DG DN | Art is the brightest in the SIGMA 50mm prime lens lineup, while delivering extremely high optical performance from its widest aperture. It has achieved the highest level of performance among successive generations of Art lenses. The F1.2 maximum aperture allows photographers to actively take advantage of the large bokeh effect and to shoot handheld with a wide aperture in low-light situations such as indoors and evening scenes. Thanks to the excellent correction of various aberrations such as spherical aberration, sagittal coma flare, and axial chromatic aberration, along with SIGMA's first 13-blade rounded diaphragm, which maintains a circular bokeh effect even when the aperture is stopped down, this lens delivers beautiful imaging characteristics. Dual HLA-driven floating focusing, with one group near the front of the lens and one group near the back, provides stable optical performance from close to distant focus. The design also minimizes focus breathing, with very little change of the angle of view as focal distance changes, which is helpful for video capture. The dual floating HLA autofocus achieves focus smoothly, swiftly and silently for both still and video, and the manual focus ring can be assigned to be linear or non-linear response on compatible L-Mount cameras. Despite the fast aperture, the SIGMA 50mm F1.2 DG DN | Art lens is has the lightest weight in its class *, and is 30% smaller than the SIGMA 35mm F1.2 DG DN | Art lens. It is very similar in size and weight to the SIGMA 50mm F1.4 DG DN | Art lens, which was achieved in part by streamlining the optical system. * Full-frame mirrorless 50mm F1.2 lenses as of March 2024. As a DG DN Art lens designed specifically for full-frame mirrorless camera systems, the SIGMA 50mm F1.2 DG DN | Art is built with dust and splash-resistant structure, water and oil-repellent coating on the front lens element, and durable brass bayonet mount; along with click/de-click and lockable aperture ring, an AFL button, and AF/MF switch. Offered in L-Mount and Sony E-mount versions, the lens will be available on April 18, 2024 at a retail price of $1,399 through authorized retail partners. Learn more at the SIGMA America website: https://www.sigmaphoto.com/50mm-f1-2-dg-dn-a Exclusively for mirrorless cameras | Compatible with full-frame cameras A | Art SIGMA 50mm F1.2 DG DN Unveiling another SIGMA Art line F1.2 lens. Elevating photographic mastery beyond conventional limits. Highest descriptive power to take advantage of F1.2 brightness Lightest weight lens body in its class, suitable for a wide range of applications A wealth of functions for professional use and excellent build quality Supplied accessories: CASE, LENS HOOD LH782-03, FRONT CAP LCF-72mm III, REAR CAP LCR II Available mounts: L-Mount, Sony E-mount Launch date: April 18, 2024 * The appearance and specifications of the products are subject to change. * Sony E-mount lenses are developed, manufactured and sold in accordance with the E-mount specifications licensed under a license agreement with Sony Corporation. * L-Mount is a registered trademark of Leica Camera AG. #SIGMA #SIGMA50mmF12Art #SIGMAArt #SIGMAArtPrime #SIGMADGDN The lightest in its class* ― Bright F1.2 maximum aperture and the highest level of descriptive power from SIGMA's Art line. SIGMA's Art line has been offering new possibilities and surprise for expression, and now the SIGMA 50mm F1.2 DG DN | Art is here to break the standards. SIGMA's focus with this lens is on the descriptive power that is perfectly usable from the widest aperture, and on portability that allows the high performance to be demonstrated in any field. In terms of image rendition, SIGMA achieved high resolving power from the maximum aperture throughout the entire focus range, while also enriching the beauty of the large bokeh effect at F1.2. In addition, the lens construction and mechanical design have been stripped down to the bare essentials, resulting in a significantly compact and lightweight body. The lens is also equipped with a full range of functions suitable for professional use, including high-precision AF using the latest HLA (High-response Linear Actuator) that reduces volume while maintaining the same thrust. We hope users will enjoy the superb Art F1.2, which will transform everything they capture and even their photographic experience into something extra special. * As an AF 50mm F1.2 interchangeable lens for full-frame mirrorless cameras. (As of March 2024 by SIGMA) [Key Features] 1) Highest descriptive power to take advantage of F1.2 brightness The SIGMA 50mm F1.2 DG DN | Art has been designed with an emphasis on high resolution from the maximum aperture to the full focus range and large, beautiful bokeh expression. The contrast between the sharpness of the focus surface and the melting bokeh effect creates a three-dimensional effect thanks to its F1.2 aperture. In addition, the 13-blade diaphragm allows for beautiful bokeh expressions. Focus breathing is also well-suppressed that the F1.2 rendering can be fully utilized in video recording. Brightness of F1.2 maximum aperture and high resolution from minimum to infinity focus The latest optical design achieves high resolving power with each aberration thoroughly suppressed from the maximum aperture. The lens is capable of rendering details without color bleeding in any situation. In addition, the incorporated floating focus is advantageous in improving short-range performance, ensuring a stable, high-level image quality throughout the entire range from the minimum focusing distance to infinity. Rich and beautiful bokeh without color bleeding By correcting spherical aberration, sagittal coma flare, axial chromatic aberration, and other aberrations, the lens delivers natural bokeh images that blur smoothly and without color bleeding from the focal plane. Double-line bokeh is also suppressed, allowing users to take advantage of the mellow bokeh effect in their expression. Rounded diaphragm with 13 blades The lens incorporates SIGMA's first 13-blade diaphragm, which maintains a circular shape even when stopped down from the maximum aperture. The surface accuracy of the aspherical lens has been enhanced to the utmost to enable smooth and beautiful round bokeh expressions. Designed to minimize focus breathing Optimization of the focus group arrangement and aspherical shape significantly suppresses focus breathing. The change in angle of view due to focus shift is minimized, creating a natural-looking focus shift when recording video. Designed to minimize flare and ghosting Flare and ghosting, which reduce image quality, are addressed under all conditions of incident light, based on the most advanced simulation technology. High backlight resistance enables clear and sharp images under any lighting conditions. L2) Lightest lens body in its class*, suitable for a wide range of applications By uncompromisingly pursuing high optical performance and portability, which are inherently contradictory, the highest level of performance has been condensed into the lightest lens body in its class. The SIGMA 50mm F1.2 DG DN | Art can be used not only in limited situations and applications, but in all kinds of shooting environments. * As an AF 50mm F1.2 interchangeable lens for full-frame mirrorless cameras. (As of March 2024 by SIGMA) Dual HLA incorporating a new system A new system was developed that significantly reduces the volume while maintaining the same thrust of the HLA, which is characterized by its high driving accuracy and quietness, and is featured in each of the two focus groups. This technological innovation has realized both high-speed autofocus and a compact lens body. Lens construction and mechanical design stripped down to the absolute minimum Each piece of glass is made as thin as possible while employing glasses with a high refractive index and four aspherical lenses. The high level of production technology at SIGMA's only manufacturing base, the Aizu factory, provides the exacting precision necessary for processing these thin glass elements and making this mass production possible. In addition, the floating focus ensures high performance while shortening the overall length, resulting in a compact lens. In the mechanical design phase, emphasis was placed on weight reduction. Through the systematic elimination of individual components, SIGMA attained the distinction of producing the lightest lens in its class, weighing a mere 745g / 26.3oz.* * These figures are for L-Mount. 3) A wealth of functions for professional use and excellent build quality In addition to various functions that support photography, such as the AFL button* and an aperture ring, the construction of the lens body itself and its high-quality touch and feel are also pursued. The SIGMA 50mm F1.2 DG DN | Art is designed with high functionality and reliability to meet the stringent demands of professionals, as well as excellent build quality for long-lasting, reliable use. * Function available on supported cameras only. Available functions may vary depending on the camera used. Proud to be a tool of expression, excellent build quality with SIGMA's Art line specifications By assembling high-precision parts made of lightweight and strong TSC* and other materials, the lens has the high level of rigidity and durability of SIGMA's Art line specifications without sacrificing portability, as well as excellent build quality that allows for long-lasting and reliable use as a photographic tool. * TSC (Thermally Stable Composite) is a type of polycarbonate with a thermal expansion rate similar to that of aluminum. It has a high affinity to metal parts, which contributes to high quality product manufacturing. Various shooting assist functions The lens is equipped with an AFL button which can be assigned to a range of functions via the menu on selected cameras. In addition to the aperture ring, the lens is equipped with an aperture ring lock switch and a click switch to turn the click on and off. Dust and splash resistant structure* and water and oil repellent coating In addition to a dust and splash resistant structure, the front element of the lens features a water and oil repellent coating, allowing users to shoot without concerns even in harsh outdoor environments. * The structure is designed to be dust and splash resistant, but not waterproof. Be careful not to bring the lens in contact with a large amount of water. Water inside the lens may cause major damage and even render the lens unrepairable. Includes a petal-type hood with lock A dedicated petal-shaped hood is supplied. A locking mechanism is provided for secure attachment. [ Additional Features ] Lens construction: 17 elements in 12 groups (4 aspherical elements) Inner focus system Compatible with high-speed autofocus HLA (High-response Linear Actuator) Compatible with Lens Aberration Correction * Function available on supported cameras only. Available corrections or auto correction functionality may vary depending on the camera model. * On cameras where lens aberration correction is controlled with "ON" or "OFF" in the camera menu, please set all aberration correction functions to "ON" (AUTO). Supports DMF and AF+MF Compatible with AF assist (for Sony E-mount only) Super Multi-Layer Coating Water and Oil Repellent Coating (front element) Aperture ring Aperture ring click switch Aperture ring lock switch AFL button * Function available on supported cameras only. Available functions may vary depending on the camera used. Focus Mode switch Support for switching between linear and non-linear focus ring settings (for L-Mount only) * Function available on supported cameras only. Dust and Splash Resistant Structure Petal-type hood with lock LH782-03 Compatible with SIGMA USB DOCK UD-11 (sold separately / for L-Mount only) Designed to minimize flare and ghosting Every single lens undergoes SIGMA's proprietary MTF measuring system 13-blade rounded diaphragm High-precision, durable brass bayonet mount Mount Conversion Service available "Made in Aizu, Japan" craftsmanship Learn more about SIGMA's craftsmanship here: https://www.sigma-global.com/en/about/craftsmanship/ [ Key Specifications ] [ Information ] SIGMA Corporation: https://www.sigma-global.com/ SIGMA Global Network: https://www.sigma-global.com/en/corporate/world-network/ Product Information: https://www.sigma-global.com/en/lenses/a024_50_12/ [ About SIGMA Corporation ] Craftsmanship. Precision. Dedication. Since 1961, SIGMA has been devoted to the pursuit of advancing photographic technology. Unique to the industry, the family-owned business produces its high-quality, award-winning still photo and cinema camera lenses, DSLR and mirrorless cameras, flashes, filters and accessories from its state-of-the-art manufacturing facility located in Aizu, Japan. In 2012, the company introduced SIGMA Global Vision with three distinct lens lines: Art, Contemporary and Sports. Designed for industry camera mount systems including Canon, Fujifilm, Leica, Nikon, Olympus, Panasonic, Sony and SIGMA, each lens is handcrafted and tested in Japan to ensure a high-performance, premium product that is purpose-built to last. In 2016, the SIGMA Cine lens lineup was launched, further cementing SIGMA as an innovator in imaging engineering. Embodying the core optical DNA that has defined the SIGMA benchmark of excellence, SIGMA Cine lenses meet the needs of advanced 6k and 8k cinema production. Forming the landmark L-Mount alliance alongside Leica and Panasonic in 2018, SIGMA continues its storied tradition of imaging excellence through groundbreaking innovations such as the native L-mount SIGMA fp and fp L full-frame mirrorless digital cameras, announced in July 2019 and March 2021 respectively. These products, along with dozens of award-winning SIGMA Global Vision lenses available in native L-Mount format, demonstrate SIGMA's continued commitment to the creative community through expanded product offerings. With the fp, fp L and these lenses, even more users can now leverage SIGMA's renowned optical formula to achieve their creative vision with ease. For more information about SIGMA America, please visit sigmaphoto.com and SIGMA Blog. Follow SIGMA America (Photo): Facebook | Twitter | Instagram Follow SIGMA Ameica (Cine): Facebook | Twitter | Instagram Contact Details SIGMA Corporation Jack Howard +1 631-201-7381 sigma.pr@sigmaphoto.com SDDPR Stacey Doss stacey@sddpr.com Company Website https://www.sigmaphoto.com/

March 26, 2024 08:00 AM Eastern Daylight Time

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Classiq Advances the HPC Quantum Computing Stack by Integrating Classiq’s Engine with NVIDIA CUDA-Q

Classiq Technologies

Classiq, a leader in quantum computing software, today announced it is integrating Classiq’s software with the NVIDIA CUDA-Q platform, which was announced by NVIDIA at its GTC conference last week. This integration facilitates a streamlined process for researchers working with CUDA-Q to generate, analyze and execute quantum circuits. It supports a wide range of quantum applications, including simulations and machine learning. The Classiq true compilation technology enables quantum circuit synthesis that automates the implementation of quantum programs. This capability enables the development process for quantum software and ensures that the generated programs are finely tuned for execution on a broad range of quantum hardware, as well as NVIDIA GPUs. Previously, NVIDIA, Rolls Royce and Classiq demonstrated a breakthrough in quantum computational fluid dynamics (CFD) by designing and simulating the largest quantum program to date. Classiq also launched a Quantum Computing for Life Sciences & Healthcare Center in collaboration with NVIDIA. “Classiq’s technology lies at the heart of quantum computing and provides a powerful conduit between high-performance computing (HPC) users and quantum computing implementation,” said Nir Minerbi, CEO of Classiq. “We’re well-known for our popular quantum development platform, and this integration demonstrates Classiq’s focus on ensuring today’s CUDA-Q and HPC users benefit from seamless access to automatic production of optimized quantum and hybrid quantum-classical algorithms.” Classiq is leveraging its technology to bridge HPC and quantum computation. From simulation to deploying hybrid quantum-classical algorithms to enhanced data processing, this convergence is accelerating as the two advanced computation sectors grow closer. Classiq provides the ideal combination of libraries, functions and automation to support this hybrid HPC-quantum computation space. HPC and quantum computing are increasingly connected through the deployment of hybrid algorithms, co-location of hardware and an emerging talent pool of expert hybrid developers. Classiq makes quantum computing tools more accessible to the global research community, addressing the need to tackle complex problems across various domains such as healthcare, materials science, engineering and finance. Meet Classiq next at the International Supercomputing 2024 conference running May 12-16th in Hamburg, Germany. About Classiq Classiq Technologies, the leading quantum software company, provides an all-encompassing platform (IDE, compiler and OS) with a single point of entry into quantum computing, taking users from algorithm design to execution. The high-level descriptive quantum software development environment, tailored to all levels of developer proficiency, automates quantum programming. This ensures that a broad range of talents, including those with backgrounds in AI, ML and linear algebra, can harness quantum computing without requiring deep, specialized knowledge of quantum physics. Classiq democratizes access to quantum computing and equips its users to take full advantage of the quantum computing revolution, including access to a broad range of quantum hardware. Classiq’s core technology, algorithmic quantum circuit compilation, is engineered to power the quantum ecosystem of today and the future. Classiq works closely with quantum cloud providers and advanced computation hardware developers providing software for use with quantum computers, HPC and quantum simulators. Backed by powerful investors such as HPE, HSBC, Samsung, Intesa Sanpaolo and NTT, Classiq’s world-class team of scientists and engineers has distilled decades of quantum expertise into its groundbreaking software development platform. Follow Classiq on LinkedIn, X (formerly Twitter) or YouTube, join the Slack community, or try the Classiq platform. Contact Details Rainier Communications Michelle Allard McMahon +1 781-718-3248 classiqPR@rainierco.com Company Website http://www.classiq.io/

March 26, 2024 08:00 AM Eastern Daylight Time

NAVEX 2024 Global Incident Management Benchmark Study Reveals Significant Third-Party Reporting to Companies

NAVEX Global

NAVEX, the global leader in integrated risk and compliance management software, has released its 2024 Whistleblowing & Incident Management Benchmark Report. The annual benchmark report offers valuable insights into workplace culture, analyzing trends from 1.86 million global reports spanning thousands of organizations that together employ more than 50 million employees. Amid a record number of tips to the SEC and a burgeoning DOJ whistleblowing program, NAVEX’s comprehensive analysis sheds a critical light on the state of workplace environments worldwide, guiding organizations toward program improvement. "NAVEX remains the gold standard in risk and compliance data analytics, continually innovating our benchmarks to enhance corporate compliance programs and offer business leaders insights into the trending risk areas for their organizations," says NAVEX Chief Risk and Compliance Officer Carrie Penman. "This year's report introduces crucial third-party reporting insights, highlighting an organization’s need to adopt internal and external reporting avenues to bolster integrity, foster accountability and equip the organization to tackle emerging challenges effectively.” This year’s analysis of the data revealed several key themes and notable findings, including: Report volume and case substantiation reach milestones. Internal reporting programs saw a record level of use as measured by NAVEX’s Reports per 100 Employees metric. In addition, the Substantiation Rate metric reached an all-time high, meaning more reports were received and more were found to be true. Report volume, and the substantiation rates of the reports received, are two of the most highly watched metrics in the annual NAVEX publication. To see both reach the highest levels ever is good news. For those with trusted and effective internal reporting programs, this added up to greater visibility into the trends of risk, ethics and culture playing out in their organizations’ operations – real-time intelligence to inform business decision-making. In 2023, organizations received a median 1.57 Reports per 100 Employees across their internal reporting systems, exceeding the previous record of 1.47 set in 2022. More organizations (23%) received five or more Reports per 100 Employees, making this population the largest in the NAVEX data set. And while year-over-year values fluctuated, every size of organization – from the smallest companies to enterprises with over 100,000 employees – has seen report volumes rise comparing 2021 and 2023. At 45%, the overall median share of substantiated or founded reports in 2023 reached an 11-year high. Third parties more likely to report business integrity and financial misconduct issues. In a first for this report, NAVEX analyzed its database by both employees and third-party reporters. Its analysis shows these two groups are distinct across several metrics, highlighting the insight organizations see by promoting their reporting programs internally and externally. Third parties as a group delivered a far greater median share of reports related to Business Integrity matters than employees in 2023 (50% versus 17%). Encompassing topics like conflicts of interest, vendor issues, fraud, global trade and human rights, this category of issues can manifest in various elements of a supply chain. Third-party reporters also showed twice the median share of Accounting, Auditing & Financial Reporting reports as employees in 2023 (10% versus 4.5%). Story emerging on accounting-related reporting – internally and externally. Accounting-related reports -- while lower in overall percentage of reports received internally by organizations at a median of 4.3.% in 2023 -- often receive an outsized share of attention due to potential for regulatory action and the well-publicized bounty program offered by the SEC and its Office of the Whistleblower. The SEC's program is witnessing unprecedented growth in tips and generously rewarding valuable information. Now, the U.S. Department of Justice is launching a similar initiative. Specifically, reports related to Accounting, Auditing, and Financial reporting: Showed the longest time between when an incident was observed and when it was reported to the organization By a large margin, were least likely to be reported anonymously Comprised an outsized share of cases for organizations that receive very few Reports per 100 Employees – meaning while these organizations received well below the benchmark number of reports, they had a much more significant percentage of accounting-related reports Experienced the longest time to investigate and close the case Had among the highest median Substantiation Rates, at 50% Were most likely to cause an employment separation event as a result of a substantiated case Accounted for twice as many of the reports submitted by third parties than those submitted by employees Small increase in report volume shows big payoff in healthy report mix. A diverse array of topics, inquiries, and allegations in internal reporting indicates a robust program. NAVEX’s findings reveal that even minor efforts to promote internal reporting significantly improve the mix of report types received. For instance, in organizations with the lowest report volume, only 8.7% of reports pertain to HR, Diversity, and Workplace Respect. However, in the next tier, this proportion jumps to 36.3%. This trend persists across different report volumes, emphasizing the importance of fostering a reporting culture. A varied mix of report types signifies trust in internal reporting to address a broad spectrum of issues. Even a slight increase from minimal reporting yields a more comprehensive and insightful flow of reports. "With NAVEX's integrated data platform, companies gain unparalleled risk signal data that empowers them to foster healthier workplace cultures, helping them achieve outcomes that matter most,” explains NAVEX Chief Product Officer A.G. Lambert. "Data isn't just numbers; it's the compass guiding organizations toward success and ensuring they stay ahead in the ever-evolving landscape of risk and compliance." Additional notable findings include: Workplace behaviors and discord were clearly visible in the data as more organizations return to office environments. As is always the case in these reports, workplace behaviors and other human resources related matters are by far the highest percentage of reports received by organizations. Workplace Civility matters continued to increase in prominence in 2023, representing a median of 18% of reports and the highest median reporting rate in 2023. This was followed by Discrimination, at a median 12%, Harassment, at a median 7.1%, then Retaliation at a median of 2.0%. The HR, Diversity and Workplace Respect category overall has seen a multi-year increase in its median share of all reports (from 50% in 2021 to 55% in 2023). These figures underscore the growing importance of fostering a respectful and inclusive work environment. Highlighting the seriousness with which organizations are taking reports received, more substantiated reports (18%) resulted in separation from employment in 2023, up significantly from 14% in 2022 and 12% in 2021. The share of reports resulting in no action – effectively the opposite end of the outcome spectrum – fell from 17% in 2022 to 14% in 2023. Nearly nine out of 10 reports of Imminent Threat to a Person, Animals or Property were substantiated in 2023 highlighting the importance that reporters possess the training, knowledge, tools and trust that promote rapid reporting of dangerous issues. This need is made even greater by a new California workplace violence prevention law expected to take effect this year that includes requirements for reporting, incident management and training around this issue. For more insights on the 2024 Whistleblowing & Incident Management Benchmark Report, join Jane Norberg, Arnold & Porter partner and former chief of the SEC Office of the Whistleblower, Keith Thomas, FedEx corporate integrity & compliance lead counsel, Carrie Penman, NAVEX chief risk & compliance officer, and Anders Olsen, NAVEX senior data scientist, for an informative webinar where they will discuss the results of this year’s analysis in detail. Watch the webinar here. NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk and compliance (GRC) information system. For more information, visit NAVEX.com and our blog. Follow us on Twitter and LinkedIn. Contact Details Navex Global scott.levesque@navex.com Company Website https://navex.com

March 26, 2024 06:00 AM Eastern Daylight Time

News Release

Recharge Resources Ltd. Secures Strategic Advisory Mandate with Eden Capital Markets for Pocitos Project Financing

Recharge Resources Ltd.

Vancouver, BC – TheNewswire - March 26, 2024 – Recharge Resources Ltd. (“Recharge” or the “Company”) (RR: CSE) (RECHF: OTC) (SL50: Frankfurt) is pleased to announce it has entered into a Corporate Advisory Mandate with Eden Capital Markets Pty Limited ( “ECM” ), marking a significant step towards the exploration and development of the Pocitos Lithium Brine Project (the “Project” or “Pocitos” ), located near Pocitos township in Salta Province, Argentina. This mandate highlights Recharge's dedication to progressing its project financing goals, specifically through the structured minimum raise of CAD$11 – $15 million in multiple tranches. This considered approach is designed to enhance the exploration efforts and overall development of Pocitos. ECM has expressed its enthusiasm about working with Recharge on this pivotal capital raising and working capital facility, in addition to providing ongoing corporate advisory services. These services aim to support the Company's long-term goals, offering expertise in areas including debt project financing, facilitating introductions to major auto manufacturers, potential Australian Stock Exchange ( "ASX" ) listing and/or mergers and acquisitions activities. It is anticipated that these advisory services will enhance Recharge’s strategic positioning and operational efficiency. "We are thrilled to announce our partnership with Eden Capital Markets, a move that represents a significant milestone in Recharge's journey towards developing the Pocitos project. This strategic agreement is not just about securing capital; it's about leveraging ECM's industry expertise and advisory services to ensure our long-term success. As we embark on this exciting phase of exploration and development, we are confident that ECM's guidance will be invaluable in helping us navigate the complexities of capital markets and strategic growth opportunities. Together, we are committed to unlocking the full potential of the Pocitos project for our shareholders and for the future of sustainable energy resources," stated David Greenway, President, and CEO of Recharge Resources Ltd. Terms of Service The agreement with ECM outlines a comprehensive fee arrangement for the duration of the mandate: Retainer: ECM will receive a monthly corporate advisory retainer fee, payable monthly in arrears. This retainer will start accruing from the date of the mandate and is required to initiate the process described, followed by regular monthly payments. Advisory Fee: Upon the successful completion of any capital raising activity, an advisory fee of $20,000 will be due to ECM by the Company. Equity Success Fee: A cash success fee amounting to 6.0% of the total equity capital raised will be payable to ECM. This fee is intended to cover third-party expenses, with the remaining success fee to be paid by the Company from the capital raising proceeds, prioritizing this payment above all others. Debt Success Fee: A cash success fee of 3.0% of the total amount of debt funding (or similar instruments) raised will be payable to ECM. Similar to the equity fee, third-party costs will be deducted from this fee, with the balance due to ECM upon successful debt financing completion, also prioritized over other payments. This strategic mandate between Recharge and ECM signifies a pivotal advancement in the development and financing of the Pocitos Project. Through this collaboration, Recharge aims to secure the necessary capital to drive the Project forward, leveraging ECM’s expertise to navigate the complexities of capital raising and strategic growth initiatives. About Eden Capital Markets Pty Limited Eden Partners, based in Perth, Western Australia, is a dedicated funds management and corporate advisory firm with a strong commitment to fostering positive change in the global natural resources sector. Symbolized by the Eden tree, the firm's values and commitment in addressing sustainability, ESG issues, climate change, and reducing carbon emissions. This is reflected through both their managed investments and operations. Eden operates its funds management business through Eden Asset Management Pty Ltd, holding an Australian Financial Services Licence (the “AFSL” ), and its corporate advisory services through Eden Capital Markets Pty Limited. For more details, visit Eden Capital. "Partnering with Recharge Resources on their journey to develop the Pocitos project is a pivotal moment for both our companies. At Eden Capital Markets, we're not just focused on the financials; we're committed to supporting projects that have a lasting positive impact on the environment and society. This advisory mandate with Recharge allows us to blend our financial expertise with our dedication to environmental, social, and governance (ESG) principles. We are excited to assist Recharge in navigating the financial landscape to secure the necessary funding, all while ensuring the Pocitos project aligns with sustainable and responsible development practices. It's about creating value that benefits shareholders and the planet alike," remarked Nicholas Boyd-Mathews, Executive Director ESG and Chief Investment Officer. Drilling Permits As previously reported on February 6th, 2024, Recharge announced securing drill permits for two wells in Pocitos 1 and three in Pocitos 2. Negotiations with a driller for a five-well campaign are concluding. Applications to the Ministerio de Produccion y Desarrollo Sustentable‎ del Gobierno de Salta (Minister of Production and Sustainable Development) (the “MPSD” ) propose drilling 6 wells in Pocitos 1 (2 for production at 20-25cm diameter) and 4 in Pocitos 2 (2 for production). All 10 wells will be drilled in HQ, with selected ones expanded for pumps, and the rest monitoring aquifer levels. The objective of this drill program will be to upgrade the recently announced NI 43-101 Inferred Mineral Resource Estimate ( “MRE” ) by providing drill hole, porosity, and permeability. Given the drill hole spacing, the Company’s geologists will be targeting a proven and probable category as well as collecting pre-engineering pumping data in preparation for building a Ekosolve™ direct lithium extraction ( “DLE” ) pilot plant and follow-on full scale 20,000 tonne per year plant ( “TPY” ) at the project. "Embarking on this journey with Eden Capital Markets, under the guidance of Nicholas Boyd-Mathews and his team, signifies a monumental step forward for our operations in Argentina. The financing and upcoming five-well campaign are not just pivotal for our growth but also embody our commitment to ESG principles in every aspect of our work. Eden Capital Markets commitment for ESG and strategic financial planning will undoubtedly enhance our efforts to implement sustainable practices while driving our projects to new heights. This partnership is a testament to our dedication to responsible development and our ambition to set new standards in the industry," said Phillip Thomas, COO and Director of Recharge Resources Ltd. About Pocitos Lithium Brine Project The Pocitos Project is located approximately 10 km from the township of Pocitos where there is gas, electricity, and accommodation. The Pocitos Project is approximately 1,332 hectares and is accessible by road. Collective exploration totals over US$2.0 million developing the project, including surface sampling, trenching, TEM, and MT geophysics, and drilling three wells that had outstanding brine flow results. Locations for immediate follow up drilling have already been designed and identified for upcoming exploration. Lithium values of 169 ppm from drill hole 3 packer test assayed from laboratory analysis conducted by Alex Stewart were recorded during the project’s December 2022 drill campaigns. A double packer sampling system in HQ Diamond drill holes were drilled to a depth of up to 409 metres. The flow of brine was observed to continue for more than five hours. All holes had exceptional brine flow rates. Ekosolve Ltd produced lithium carbonate at a purity of 99.89%, where extraction of the lithium from the brines was above 94% i.e. 159 ppm of lithium would have been recovered from 169 ppm. The company has published a NI 43-101 compliant Inferred Mineral Resource Estimate ( “MRE” ) for the Pocitos Lithium Brine Project which has been estimated at 143,000 tonnes of in-situ lithium metal, and 13,000 tonnes lithium metal yield (using porosity estimates) which equates to a lithium carbonate equivalent ( “LCE” ) of 760,000 tonnes and 69,000 tonnes respectively. The LCE is calculated from the ratio of lithium carbonate (Li 2 CO 3 ) to Li metal (5.32:1). The calculations assume no process losses. See press release dated December 20 th, 2023. The full NI 43-101 Report dated December 18, 2023, and entitled “Technical Report For The Pocitos 1 and II, Salta Province, Argentina”, can be found on SEDAR+ under the Company’s issuer profile at www.sedarplus.com. About Recharge Resources Recharge Resources is a Canadian mineral exploration company focused on exploring and developing the production of high-value battery metals to create green, renewable energy to meet the demands of the advancing electric vehicle and fuel cell vehicle market. All Stakeholders are encouraged to follow the Company on its social media profiles on LinkedIn, Twitter, Facebook and Instagram. On Behalf of the Board of Directors “David Greenway” David Greenway, CEO For further information, please contact: Recharge Resources Ltd. Joel Warawa Phone: 778-588-5473 E-Mail: info@recharge-resources.com Website: recharge-resources.com Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Disclaimer for Forward-Looking Information Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding Recharge’s intention to continue to identify potential transactions and make certain corporate changes and applications. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Recharge will obtain from them. These forward-looking statements reflect managements’ current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including Recharge’s results of exploration or review of properties that Recharge does acquire. These forward-looking statements are made as of the date of this news release and Recharge assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws. ###

March 26, 2024 03:06 AM Eastern Daylight Time

Mela Artisans Launches Capital Raise to Fuel Expansion and Empower Global Artisans

Mela Artisans

Mela Artisans, a mission-driven artisanal sourcing platform, announced the official launch of its capital raise campaign, aiming to accelerate growth and further its commitment to empowering artisans across India, Vietnam, and Indonesia. Through this initiative, Mela Artisans invites investors from around the globe to join in its journey toward sustainable impact and market expansion. Founded on the principle of preserving traditional craftsmanship while promoting female empowerment and community development, Mela Artisans has established itself as a leader in the artisanal lifestyle product market. Over the past 13 years, the company has built an industry-leading supply chain and forged strong partnerships with major US retailers, achieving a notable $4 million run rate. As part of its growth strategy, Mela Artisans plans to expand its product lines, enter new markets, and strengthen its e-commerce presence, targeting a $30M run rate by 2026. This capital raise will enable the company to scale its operations, invest in new technologies, and further its mission to provide sustainable income streams for artisan communities. The leadership team, comprising seasoned entrepreneurs and experts in retail, e-commerce, and artisanal product sourcing, is poised to steer Mela Artisans through this next phase of growth. The team's unique blend of entrepreneurial spirit, market expertise, and commitment to social impact makes Mela Artisans a compelling investment opportunity. Investing in Mela Artisans is now more accessible than ever, with opportunities available to individuals and institutional investors alike. This inclusivity aligns with the company's belief in democratizing the impact investment space, allowing more people to contribute to and benefit from the preservation of global artisanal heritage. For more information about Mela Artisans and to learn how to invest, visit https://invest.melaartisans.com/. Mela Artisans is a mission-driven artisanal sourcing platform that designs and sources lifestyle products crafted by artisans in India, Vietnam, and Indonesia using heritage techniques. The company focuses on female empowerment and sustainable community impact, connecting skilled artisans with global markets through an industry-leading supply chain. Mela Artisans is committed to preserving traditional craftsmanship while achieving scalable business growth and social impact. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. Mela Artisans has filed a Form C with the Securities and Exchange Commission in connection with its offering, a copy of which may be obtained here: LINK HERE Contact Details Mela Artisans Investor Relations Mela Artisans Investor Relations invest@melaartisans.com Company Website https://invest.melaartisans.com/

March 25, 2024 05:05 PM Eastern Daylight Time

Lithium Australia recycling subsidiary Envirostream inks 3-year agreement with Hyundai Glovis

LITHIUM AUSTRALIA LIMITED

Lithium Australia CEO and managing director Simon Linge joins Jonathan Jackson in the Proactive studio to discuss recent developments with Lithium Australia's subsidiary, Envirostream, which has inked a three-year agreement with Hyundai Glovis to provide battery recycling services in Australia. Envirostream's collaboration with Hyundai Glovis, a notable logistics entity under the Hyundai Motor Group, is set to bolster the collection volumes of large-format lithium-ion batteries. This partnership aligns with the rising demand for battery recycling services, spotlighting the expanding market opportunity in this sector. Lithium Australia’s growth strategy is evident in its systematic approach to securing recycling agreements with premier electric vehicle (EV) and energy storage system (ESS) manufacturers, aiming to ensure a consistent supply of lithium-ion batteries for recycling. The agreement with Hyundai Glovis marks a significant step, following a previous deal with LG Energy Solution, demonstrating LIT’s commitment to enhancing its position in the battery recycling industry. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

March 25, 2024 02:35 PM Eastern Daylight Time

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