News Hub | News Direct

8Wonder and Vinpearl DIC Legends Vietnam: Elevating Vietnam's Experiential Tourism to Global Heights

VinFast Auto

HANOI, VIETNAM - Media OutReach Newswire - 2 January 2024 - Through a series of high-profile international events, including the 8Wonder music festival (showcasing headliners Maroon 5 and Charlie Puth) and the Vinpearl DIC Legends Vietnam 2023 golf tournament, Vietnam is spearheading global growth in experiential tourism. These events, seamlessly blending unique journeys of exploration with luxurious resort stays, have established Vinpearl – VinWonders as leading brands in Vietnam, setting the stage for further global experiential tourism growth. Elevating the growth of experiential tourism in Vietnam According to Future Market Insights, the global music tourism market is projected to reach 11.3 billion USD in the next decade. Mega concerts featuring international stars are growing in Asia, captivating audiences in popular destinations like Singapore, Japan, South Korea, Taiwan, Thailand, and Malaysia. These events attract hundreds of thousands of global spectators, offering a unique blend of music and exploration set in captivating tourist destinations. 2023 marks an important turning point for Vietnam with explosive growth in music tourism, unleashing the country's potential to compete with other entertainment capitals in the region and globally. The 8Wonder music festival, organized by VinWonders – VinFast (VFS), hosted at Vinpearl's resort and entertainment complexes, has contributed to elevating the nation's visibility on the global music stage. Featuring world-class music talent, the 8Wonder music festival is a magnificent spectacle offering a unique all-in-one experience blending the traditional concert experience with resort-living, entertainment, and exploration. Indeed, 8Wonder has set a high standard with its superior quality and distinctive character, leaving an indelible mark and even surpassing predecessors like Coachella and Tomorrowland. In 2023 alone, 8Wonder brought two global superstars to Vietnam in Charlie Puth and Maroon 5. The magnetic allure of American music prodigy, Charlie Puth stirred the emotions of thousands gathered in Nha Trang, showcasing his unique performance and exceptional visual effects as a global hitmaker. Meanwhile, 3-time Grammy award winners, Maroon 5 attracted tens of thousands of fans from around the world to converge at the Phu Quoc United Center, with millions more tuning into the live-steam. Throughout the event, 8Wonder dominated as the hottest musical topic, garnering the most attention and engagement on social media and through various media outlets. In addition to the 8Wonder music festivals, Vinpearl also hosted the first European Tour-affiliated professional golf tournament in Southeast Asia organized at Vinpearl Nha Trang - Vinpearl DIC Legends Vietnam 2023, further contributing to Vietnam's position on the world tourism map. Vinpearl: A Global All-in-One Destination From 8Wonder to Vinpearl DIC Legends Vietnam 2023, Vinpearl – VinWonders – Vinpearl Golf has strategically and effectively contributed to the promotion of Vietnam globally, solidifying its position as the "largest tourism-resort-entertainment brand in Vietnam." The combined effect of booming tourism and music festivals at 8Wonder is viewed by travel and economic experts as a powerful boost for Vietnamese tourism today. The event not only brought prestige to Vinpearl as a brand, but also attracted attention for the premier quality of the destinations themselves and Vietnam. Leadership representatives in Phu Quoc were effusive in evaluating the impact on local tourism of the 8Wonder Winter Festival. This unprecedented international event reached new heights with the participation of perennial chart-toppers, Maroon 5, impacting positively not only on the Pearl Island but also on Vietnamese tourism as a whole. According to Agoda, the online booking platform, searches for Phu Quoc increased tenfold during the 8Wonder festival. Alongside these iconic events, the Vinpearl – VinWonders – Vinpearl Golf ecosystem continues to lead in investing in new products and services, enhancing the tourist experience for visitors. In 2023, VinWonders reached a special milestone with a series of large-scale "continuous festivals" during the summer, featuring 131 activities and events, and nearly 800 shows and minishows. These high-energy, creative events set new records in scale, making it an annual festival with a distinctive offering, establishing VinWonders as a "must-visit" entertainment destination for visitors worldwide. Vinpearl Resorts & Hotels, located in Vietnam's most beautiful coastal areas, serves as a pioneer for creating and delivering luxury travel experiences. Guests can immerse themselves in private, high-end resort spaces with breathtaking natural surroundings, such as luxurious beach villas, and a series of world-class resort-style accommodation, dining, meeting, and entertainment experiences, all in one place. Furthermore, Vinpearl Golf, as the leading golf management and operation brand in Vietnam, continues to leave a strong mark with professional golf services and internationally acclaimed courses. Each Vinpearl Golf course in Vietnam offers a blend of natural beauty, harmonizing with the landscape of each destination, creating special challenges for golf enthusiasts. In addition to the four renowned destinations in Phu Quoc, Nha Trang, Nam Hoi An, and Hai Phong, Vinpearl Golf also operates Cape Wickham Golf Links (Tasmania, Australia) – frequently ranked the number one golf course in Australia – offering unique golf tours across Vietnam and the world. After two decades of pioneering, Vinpearl has become synonymous with contributing to the elevation of tourism in Vietnam, managing and developing large-scale communities in premier destinations such as Phu Quoc, Nha Trang, Nam Hoi An and Ha Long with Vinpearl Resorts, VinWonders theme parks, Vinpearl Safari, and Vinpearl Golf. From this position as a pioneer, the "largest tourism-resort-entertainment brand in Vietnam" has successfully created a model for high-end music festival tourism ready for the international stage, leading the way in upscale experiential travel and contributing to uplifting the profile of its destinations while proudly introducing international visitors to the majesty and beauty of Vietnam. Contact Details Chi Duong v.chidqd1@vingroup.net

January 02, 2024 10:06 AM Eastern Standard Time

Image

Yuzu Finance & Horizen EON: Unlocking Yield Opportunities in the Horizen Ecosystem

Horizen Labs

Yuzu is a non-custodial decentralized liquidity market protocol that enables users to deposit or borrow crypto assets securely. Depositors provide liquidity on Yuzu, while borrowers can take out overcollateralized or undercollateralized loans. Yuzu is the first crypto lending platform to launch on Horizen EON. With this integration, Horizen EON users can now utilize the following features: Lending: Deposit crypto assets and earn interest/yield Borrowing: Take out loans on crypto assets instantly (collateralized and uncollateralized) Yield Farming: Yuzu is launching an innovative staking program on Horizen EON in Q1 2024 " As a DeFi enthusiast and Horizen community member, I am pleased to see Yuzu go live in our ecosystem. This integration enables Horizen EON users to access a wide range of DeFi capabilities, and furthers our mission of creating a robust ecosystem”. Rob Viglione, Co-founder of Horizen Get started on Yuzu today! About Yuzu Yuzu is a decentralized non-custodial liquidity market protocol that offers lending and borrowing services on EON. It enables crypto users to fully utilize their assets for idle yield farming. Users can earn interest by supplying assets into Yuzu’s lending pools or taking out instant crypto-backed loans using collateral⁠. About Horizen EON Horizen EON is an EVM-compatible smart contracting platform and the first of many smart contract sidechains in the Horizen ecosystem. Horizen EON allows developers to efficiently build and deploy decentralized applications (dapps) on Horizen while benefiting from EVM compatibility. Horizen EON is built with scale and user experiences in mind, on Horizen’s powerful horizontally scaling protocol, Zendoo. For more information, please visit https://eon.horizen.io and join the Horizen Discord. Contact Details Leora Schreiber pr@marketacross.com

January 02, 2024 09:48 AM Eastern Standard Time

Image

Mariner Wealth Advisors Builds on Vast Presence in California with Acquisition of Confluence Financial Planning

Mariner

Mariner Wealth Advisors, a national wealth advisory firm, today announced it has acquired Sacramento, Calif.-based Confluence Financial Planning. The acquisition established Mariner Wealth Advisors’ first office in the River City and 15 th in the Golden State. An early proponent of the lifetime approach to financial planning, Confluence Financial Planning has been at the forefront of guiding clients in Sacramento and beyond through nearly four decades of personalized financial strategies. “The remarkable economic growth in the greater Sacramento region, coupled with the success of Confluence Financial Planning, made this acquisition a strategic union of thriving environments and proven expertise,” said Marty Bicknell, CEO and president of Mariner Wealth Advisors. “As we continue to prioritize what matters most to us — delivering an unparalleled experience and optimal outcomes for our clients — this collaboration promises to bring forth a wealth of opportunities for growth and success.” Cynthia Meyers founded Confluence Financial Planning in 1983 to establish a firm whose services would diverge from the traditional investment-driven world of financial planning. As such, Confluence’s approach is guided by a three-pronged financial planning model, which incorporates a high level of client service, a “life” approach to financial planning, and a highly individualized process to advise upon its 285 clients, who represent $360 million in assets under management. “The name ‘Confluence’ reflects the strength of the firm, the sense of collaboration we have with our clients, and the richness of life’s possibilities,” said Meyers, owner and founder of Confluence Financial Planning. “Though we have long prided ourselves on our ability to support our clients through a combination of in-house support and outside referrals, I have no doubt our clients will be as thrilled as we are that the confluence of these two firms will now allow us to utilize Mariner’s wide breadth of service offerings to address each of their needs under one roof.” The agreement was finalized on October 16, 2023, with the transition reaching its completion on December 31. Subsequent to the closure, Confluence Financial Planning assumed the Mariner Wealth Advisors name, retaining its six associates and continuing its operations out of the Sacramento office — Mariner Wealth Advisors’ 99 th nationwide. To learn more, visit marinerwealthadvisors.com. At Mariner Wealth Advisors, we provide 360° advice designed to last. We focus on one thing—partnering with clients to create a financial strategy for today and beyond that’s flexible enough to change along with them. The ultimate goal? Helping clients identify what is important so they can achieve their goals—we’re committed to being here for everything life brings their way. We’ve built our firm around what our clients need. We began by offering wealth planning resources and then added services from tax planning to insurance—all under one roof. We believe this integrated approach to wealth management helps simplify our clients’ lives. Founded in 2006 with $300 million in assets under advisement, Mariner Wealth Advisors and its affiliates now advise on over $114 billion in assets as of 6/30/23. Contact Details Remi Yuter mariner@hotpaperlantern.com Company Website https://www.marinerwealthadvisors.com/

January 02, 2024 09:00 AM Eastern Standard Time

Image

AbraSilver Announces Proposed Earn-In Option & Joint Venture Agreement on La Coipita Project

AbraSilver Resource Corp.

Toronto, ON - TheNewswire - January 2, 2024 - AbraSilver Resource Corp. (TSX.V:ABRA ) ( OTC:ABBRF) ("AbraSilver" or the “Company”) is pleased to announce it has entered into a binding letter agreement (the “Agreement”) with a subsidiary of Teck Resources Limited (“Teck”), with respect to a proposed option and joint venture agreement (the “Option Agreement”) to explore and develop the La Coipita copper-gold project (“La Coipita” or the “Project”) in San Juan, Argentina (the “Transaction”). The Agreement provides that, subject to certain conditions, AbraSilver and Teck will enter into the Option Agreement to grant Teck an option to acquire an 80% interest in La Coipita by funding cumulative exploration expenditures of US$20,000,000 over a five-year period, making staged cash payments to, and an equity placement in AbraSilver totaling US$3,000,000 (including an initial mandatory payment of US$500,000), and making up to US$6,300,000 in optional cash payments in respect of amounts payable to the underlying Project vendors. Following an initial transition period during which AbraSilver will support field operations, Teck will act as operator for the duration of the Option. John Miniotis, President and CEO, commented, “We are delighted about the opportunity to secure a significant exploration agreement with Teck to advance the large-scale La Coipita project, which is located in a prolific copper porphyry district. This strategic collaboration will mark a significant milestone for the Project, and greatly enhance the potential for a major copper discovery. This transaction will represent a strong endorsement of the exploration potential at La Coipita and we look forward to working closely with Teck to unlock value for all stakeholders.” Key Terms of the Transaction Pursuant to the Agreement, AbraSilver and Teck have agreed to enter into the Option Agreement wherein AbraSilver will grant Teck an op ti on (the “Option”) to acquire an 80% interest in the Project. The Option Agreement will provide that Teck may exercise the Op ti on by: Making the following payments to or equity placement in AbraSilver: I. Upfront cash payment of US$500,000 upon entering into the Option Agreement; II. On or before January 31, 2025, a cash payment of US$1,000,000 or at Teck’s election, subscription for US$1,000,000 of common shares of AbraSilver (“ABRA Shares”) to be priced at the greater of (a) a 25% premium to the preceding 20-day volume weighted average price on the ABRA Shares on the TSX Venture Exchange, or (b) C$0.35 per ABRA Share; and III. On or before January 31, 2028, a cash payment of US$1,500,000. Incurring an aggregate of US$20,000,000 in exploration expenditures on the Project over a five-year period; and Making up to US$6,300,000 in op ti onal cash payments in respect of amounts payable to the underlying Project vendors. Upon exercise of the Op ti on, the par ti es will incorporate a company in Argen ti na (“Newco”) to become the ti tleholder of the Project. Teck will hold 80% of Newco’s outstanding shares, with AbraSilver holding the remaining 20%. Each party will fund its pro-rata share of future expenditures on the Project through equity contribu ti ons to Newco or incur dilu ti on in Newco. If a party’s shareholding interest in Newco is diluted below 10% or pursuant to certain other conditions of the Option Agreement, its shareholding interest will be converted to a 1.1% net smelter returns royalty on the Project, of which 0.6% can be bought back by the payor for a cash payment of US$3,000,000 at any ti me. The Transaction remains subject to, among other things, the negotiation and execution of a definitive Option Agreement and related documents and the satisfaction or waiver of any conditions precedent in the Agreement (including the receipt of any requisite approvals). The Company and Teck are expecting to enter into the Option Agreement on or about January 14, 2024 but there can be no certainty that the Transaction will be completed on the terms described in this press release or at all. The La Coipita Project The La Coipita project is a district scale property consisting of over 70,000 hectares in the western portion of Calingasta Department, located in the mining-friendly San Juan Province of Argentina, adjacent to the Chilean border. Access to the area is via Calingasta, the nearest town, along 125 km of unpaved road to the Los Azules Cu-Mo porphyry project and then north along a dirt road to the La Coipita Cu-Au project. Elevation across the property ranges between 3,500 and 4,500 MASL with moderate to high relief. The Project lies within the Miocene porphyry-epithermal belt of Argentina and Chile. During the mid-Miocene, the area developed an active magmatic arc, on its western side and a back-arc extensional environment to the east. Contemporaneous with the deposition of volcanic/volcaniclastic rocks was the emplacement of porphyry Cu-Mo-Au and/or epithermal Au-Ag (Cu) systems (e.g. Filo del Sol high-sulphidation epithermal Cu-Au-Ag deposit with Cu-Au porphyry, Los Pelambres/El Pachón Cu-Mo porphyry, Los Azules Cu-Au-Mo porphyry, El Indio/Veladero/Pascua Lama high-sulphidation epithermal Au cluster). Numerous target areas have been identified at La Coipita. These target areas have coincident geophysical, geological and geochemical features that are consistent with copper-gold mineralized porphyry-type intrusions, either beneath high-sulphidation systems or in structurally uplifted areas. To date, drilling has only been conducted on the La Coipita target, where the initial results have identified the potential for a major Cu-Au-Mo porphyry system. Significant exploration upside potential is believed to exist at the La Coipita target & across multiple other promising regional targets (as shown in Figure 2). Figure 1 –La Coipita Location Map Figure 2 – La Coipita Regional Exploration Target Areas Click Image To View Full Size Qualified Persons David O’Connor P.Geo., Chief Geologist for AbraSilver, is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, and he has reviewed and approved the scientific and technical information in this news release. About AbraSilver AbraSilver is an advanced-stage exploration company focused on rapidly advancing its 100%-owned Diablillos silver-gold project in the mining-friendly Salta province of Argentina. The current Measured and Indicated Mineral Resource estimate for Diablillos consists of 53.3 Mt grading 87 g/t Ag and 0.79 g/t Au, containing approximately 148Moz silver and 1.4Moz gold, with significant further exploration upside potential. In addition, the Company has entered into an earn-in option and joint venture agreement with Teck on the La Coipita project, whereby Teck can fund up to US$20 million in exploration expenditures and make certain other payments to earn up to an 80% interest. AbraSilver is listed on the TSX-V under the symbol “ABRA” and in the U.S. under the symbol “ABBRF”. For further information please visit the AbraSilver Resource website at www.abrasilver.com, our LinkedIn page at AbraSilver Resource Corp., and follow us on Twitter at www.twitter.com/abrasilver Alternatively please contact: John Miniotis, President and CEO info@abrasilver.com Tel: +1 416-306-8334 Cautionary Statements This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur are forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. When considering this forward-looking information, readers should keep in mind the risk factors and other cautionary statements in the Company’s disclosure documents filed with the applicable Canadian securities regulatory authorities on SEDAR+ at www.sedarplus.ca. The risk factors and other factors noted in the disclosure documents could cause actual events or results to differ materially from those described in any forward-looking information. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. 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 news release. 512587201v.2

January 02, 2024 07:30 AM Eastern Standard Time

Image

XLK ETF: A Mainstay in Technology Investing

Select Sector SPDR

The technological revolution has transformed the global economy, making tech investment pivotal to a diversified portfolio. A viable choice is the Technology Select Sector SPDR Fund ( XLK ). Launched twenty-five years ago, XLK offers a cost-effective route to the tech sector, hosting 64 of the U.S.'s largest tech firms, including Apple, Microsoft, Broadcom, Nvidia, Adobe, SalesForce, and more. These industry leaders have evolved from startups to established entities with unrivaled products and business models. Apple and Microsoft, the top two holdings*, make up over 44% of XLK's portfolio. Next are chipmakers Broadcom and Nvidia, representing 5.19% & 4.49% of the Fund. XLK focuses on large-cap, well-established companies, mirroring various segments of the economy. Managing over $58 billion in assets and traded on the NYSE Arca, XLK's reach and 0.10%** expense ratio make it an interesting choice for tech exposure in diversified portfolios. Tech's Role in Portfolios The tech industry is a significant economic driver, making a tech-focused ETF like XLK a valuable addition to a portfolio. XLK reflects the performance of the Technology Select Sector Index, offering a more targeted strategy than a traditional broad-based index. Covering sub-sectors like hardware, software, communications equipment, semiconductors, IT services, and electronic equipment, XLK delivers broad tech representation. A Stalwart in Tech Investing The Technology Select Sector SPDR Fund (XLK) offers an attractive mix of tech investments, with heavyweights such as Microsoft and Apple forming a significant portion of its holdings. It also includes other major tech companies, some of which are leaders in the A.I. revolution, contributing to its diversified nature. The fund holds numerous publicly traded tech firms, all part of the S&P 500, making it a popular choice for those seeking exposure to the tech sector in a balanced portfolio. XLK offers an investment opportunity for those aiming to harness the tech sector's potential. Whether you're an advisor or investor, including XLK in your portfolio could be a strategic step towards achieving your long-term goals. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Holdings, Weightings & Assets as of 12/22/23 subject to change **Ordinary brokerage fees apply DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007141 EXP 3/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

January 02, 2024 07:00 AM Eastern Standard Time

News Release

Sigma finishes 2023 with a final 22,000-tonne shipment of Quintuple Zero Green Lithium concentrate

Sigma Lithium Corp

Sigma Lithium CEO Ana Cabral-Gardner joined Steve Darling from Proactive announcing the company's final shipment for 2023 of Quintuple Zero Green Lithium concentrate. This marks the end of a truly transformative year for the company. Cabral-Gardner explained that the fifth shipment of sustainable lithium concentrate is en route to Glencore at the Port of Vitoria and is expected to arrive before the end of the year. Glencore has agreed to prepay 50% of the shipment's value upon completion of loading. This prepayment reflects a provisional premium price for Sigma Lithium's unique Quintuple Zero Green Lithium concentrate. Over the past twelve months, Sigma Lithium has achieved remarkable milestones, from successfully commissioning the crushing unit in December 2022 on schedule and within budget to sustaining nameplate production levels at its Greentech lithium concentrate plant in December 2023. These operating rates support a monthly shipment cadence of approximately 22,000 tonnes throughout 2024, equivalent to an annual output of approximately 270,000 tonnes of Quintuple Zero Green Lithium concentrate. This achievement underscores the company's significant progress and commitment to sustainable lithium production. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

January 02, 2024 06:29 AM Eastern Standard Time

Video

News Release

Tonix Pharmaceuticals announces key topline data from 2nd Phase 3 Clinical Trial of TNX-102 SL

Tonix Pharmaceuticals

Tonix Pharmaceuticals CEO Dr Seth Lederman shares groundbreaking news during an interview with Steve Darling from Proactive. The company has achieved highly positive results in their clinical trial targeting Fibromyalgia, a chronic pain disorder affecting approximately 10 million Americans and for which satisfactory treatments are often lacking. TNX 102 SL, Tonix's drug candidate, demonstrated remarkable efficacy in the second phase three clinical trial. The primary pain endpoint achieved an exceptionally low p-value of 0.00005. What's even more promising is that TNX 102 SL is a non-opioid medication with no recognized addictive potential. In addition to addressing pain, the drug also effectively tackled other Fibromyalgia symptoms such as fatigue and sleep disturbances. Lederman informed Proactive that the company's next steps involve filing a new drug application (NDA) for FDA approval. They anticipate a pre-NDA meeting scheduled for the first half of 2024. This groundbreaking development places Tonix Pharmaceuticals at the forefront of Fibromyalgia treatment innovation, providing hope to millions of individuals suffering from the condition. Further updates on this transformative drug are eagerly anticipated in 2024. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

January 02, 2024 06:08 AM Eastern Standard Time

Video

News Release

4 Solar Stocks Poised for Growth In 2024

SolarStocks

Investing in solar energy stocks in 2024 holds a lot of promise in the midst of a global shift toward cleaner, more sustainable solutions. The solar sector is critical to shifting the world away from traditional fossil fuels, with the United States alone requiring an estimated $1.2 trillion in solar energy development to meet goals set by 2050. Beyond borders, the global potential for solar investments is even more substantial. Technological advancements and decreasing production costs make solar energy increasingly competitive. Government incentives, supportive policies, and rising consumer demand for sustainable energy further fuel the growth of solar energy stocks. The market reflects this momentum, with projections indicating a potential leap from USD 90.4 billion in 2022 to about USD 215.9 billion by 2030, showcasing a compelling opportunity for long-term investors in the solar industry. As we dive headfirst into the best solar stocks for the upcoming year, the spotlight turns to an emerging, potentially hidden gem of a company that could be poised for a big year in 2024. SinglePoint, Inc., (CBOE:SING) a diversified holding company focused on renewable energy solutions and energy-efficient applications, is poised for a transformative year in 2024. As the company makes moves to enhance its market position, recent developments underscore its commitment to sustainability and innovation. On December 15, 2023, SinglePoint announced a significant milestone: the pricing of a $4 million public offering and its uplisting to Cboe Global Markets, trading under the ticker symbol "SING." This move reflects the company's dedication to expanding its reach and financial capabilities. The offering comprised 800,000 shares of common stock at $5.00 per share, with an additional 120,000 shares available to underwriters. Concurrently, SinglePoint implemented a 1-for-26 reverse stock split, streamlining its capital structure. The net proceeds from the public offering, estimated at $4 million, are earmarked for general corporate purposes and to repay up to $500,000 of indebtedness. This financial maneuver positions SinglePoint for strengthened financial flexibility, enabling it to pursue its sustainability goals aggressively. The reverse stock split and uplisting are indicative of the company's approach to aligning itself with larger market players, fostering investor confidence. More recently, on January 2, in a groundbreaking move for the renewable energy sector, SinglePoint's subsidiary, Boston Solar, entered into a long-term relationship with Energizer Solar. This collaboration marks a new era in renewable energy, bringing Energizer Solar's successful renewable-based solutions to the North American market. The initial focus on launching the Energizer solar home battery solution aligns with the growing demand for efficient and reliable home energy solutions. Wil Ralston, CEO of SinglePoint Inc., expressed enthusiasm about the partnership, highlighting Boston Solar's commitment to providing the best customer service and products. As the first renewable energy company in the United States to offer Energizer Solar products, Boston Solar aims to meet the rising demand for eco-friendly and reliable energy solutions, starting with residential battery storage systems. The collaboration between Boston Solar and Energizer Solar transcends a mere business alliance; it represents a shared vision for a sustainable future. Both companies, pioneers in their fields, emphasize innovation, quality, and environmental stewardship. Through this partnership, they are set to revolutionize the renewable energy landscape, offering consumers not just eco-friendly but also reliable and efficient solutions. Energizer Solar's comprehensive range of solar products, with offerings ranging from 3.8 kW to 45.6 kW and 8 kWh to 112 kWh, positions Boston Solar to meet the diverse needs of its customer base. As the two companies embark on training and onboarding programs for Boston Solar's sales and installation teams, they are laying the foundation for excellence in delivering the Energizer Solar suite of products. SinglePoint Inc.'s recent financial moves and cooperation with other proven tech leaders set the stage for a promising future. The company's commitment to sustainability, coupled with its innovative ventures in collaboration with Energizer Solar, positions it as a key player in the evolving landscape of renewable energy in 2024 and beyond. Enphase Energy, Inc. (NASDAQ: ENPH) is a global energy technology company that specializes in microinverter-based solar and battery systems. In the third quarter of 2023, Enphase reported impressive financial results, with a quarterly revenue of $551.1 million and a notable non-GAAP gross margin of 48.4%. Despite facing challenges in the United States and Europe due to macroeconomic conditions, Enphase maintained its financial strength and operational efficiency. Moreover, Enphase's recent foray into the Australian market, in collaboration with AC Solar Warehouse, has marked a significant milestone. AC Solar Warehouse, Australia's largest wholesaler of AC solar products, has been a longstanding partner of Enphase, having recently celebrated the sale of its one millionth microinverter. Enphase's IQ Battery shipments witnessed an increase to 86.2 megawatt hours in Q3 2023. The company's expansion of IQ Battery availability to countries like Sweden, Denmark, and Greece, along with the launch of the IQ Battery 5P in the United Kingdom, further strengthens its position in the global energy storage market. Looking ahead to 2024, Enphase Energy has been actively expanding its support for virtual power plants (VPPs) through grid services programs across the United States, powered by the new IQ Battery 5P. These programs, involving partnerships with utilities such as PG&E, PSEG Long Island, and Connecticut Energy Storage Solutions, enable homeowners to contribute to grid stability during peak demand periods while receiving incentives or annual payments. The company's involvement in grid services programs aligns with the broader industry trend of leveraging distributed energy resources to enhance grid reliability and reduce reliance on traditional power plants. Enphase's stock performance has also been noteworthy, with a positive trend observed over the past month, including a +24.1% return for Enphase's shares. Enphase Energy appears to be well-positioned for 2024, with a strong financial foundation, international expansion, and active participation in grid services programs. The company's commitment to innovation and sustainability, as reflected in its product offerings and collaborations with partners, positions it as a key player in the dynamic and evolving clean energy landscape. Investors and industry enthusiasts alike may find Enphase Energy's developments in 2024 worth closely monitoring for potential opportunities and insights into the renewable energy sector. First Solar, Inc. (NASDAQ: FSLR) stands as a prominent player in the solar sector, headquartered in Tempe, Arizona. Renowned for its leadership in solar technology, the company specializes in the development of eco-efficient solar modules crafted at R&D labs in California and Ohio. In Q3 2023, First Solar reported a robust profit of $268.4 million, surpassing Wall Street expectations with earnings of $2.50 per share. While falling short of revenue predictions, the company maintains an optimistic outlook, projecting full-year earnings in the range of $7.20 to $8 per share, with anticipated revenue between $3.4 billion and $3.6 billion. Recent agreements underscore First Solar's financial prowess. The company recently entered into tax credit transfer agreements totaling $700 million for 2023 IRA Advanced Manufacturing Production tax credits. This innovative deal with Fiserv, Inc. marks a significant milestone in the solar industry, showcasing First Solar's adaptability and financial acumen. This move aligns with First Solar's commitment to domestic manufacturing, as the tax credits stem from the sale of PV solar modules produced in 2023 within the United States. The company's fully integrated solar manufacturing facilities, including a new factory in Ohio, position it for sustained growth. First Solar plans to invest over $2 billion in new manufacturing facilities in Alabama and Louisiana, targeting 14 gigawatts of fully integrated US solar manufacturing capacity by 2026. Analysts highlight the superiority of First Solar's PV modules, describing them as lower-carbon and generally superior to crystalline silicon modules. The company's robust backlog, solid balance sheet, and optimistic forecasts further fortify its position in the market. With a bookings backlog of 81.8 gigawatts through 2030 and potential IRA support of up to $710 million for 2023, First Solar is well-positioned to capture a significant share of the expanding solar market. First Solar's technological innovation, financial prowess, and commitment to sustainability position it as a key player poised for success in the evolving solar landscape. SolarEdge Technologies Inc. (NASDAQ: SEDG) is reshaping how we generate and manage power, particularly in photovoltaic (PV) systems. Central to this transformation is SolarEdge's intelligent inverter solution—the SolarEdge DC optimized inverter. This groundbreaking technology not only maximizes power generation from PV systems but also effectively reduces the overall cost of energy production. The company's dedication to continuous innovation spans a comprehensive spectrum of smart energy solutions. SolarEdge addresses diverse energy market segments, including PV, storage, electric vehicle (EV) charging, batteries, EV powertrains, and grid services. This holistic approach positions SolarEdge as a pivotal player in shaping the future of clean energy. A key factor that distinguishes SolarEdge is its extraordinary growth trajectory. In just a few years, the company has experienced a remarkable ascent. In 2018, SolarEdge's sales were below the $1 billion mark. Fast forward to 2021, and the company was nearing $2 billion in sales. Within a mere year, SolarEdge surged past the $3 billion milestone in sales. This rapid growth underscores the company's dynamic presence and unique position in the market for solar energy. In a recent development, SolarEdge renewed its participation in Great Britain’s Electricity System Operator’s Demand Flexibility Service (DFS) scheme. This initiative, part of SolarEdge's expanding portfolio of virtual power plants (VPP), encourages consumers to reduce electricity consumption during pre-scheduled demand events, contributing to grid stability. SolarEdge Home Battery owners, equipped with eligible export meters, can seamlessly earn financial incentives without altering their home electricity consumption behavior. The innovative technology schedules batteries to charge before each DFS event, ensuring maximum energy export during the event itself. SolarEdge's commitment to simplifying participation in demand response programs makes it intuitive and financially rewarding for system owners. As SolarEdge Technologies Inc. continues to lead the charge in smart energy evolution, its impressive growth, and innovative solutions position it as an attractive prospect for investors looking to align their portfolios with clean energy. Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, or assumptions of future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or due to the speculative nature of the companies profiled. Capital Gains Report (CGR), owned by RazorPitch Inc., is responsible for the production and distribution of this content. CGR is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. CGR has been retained by Singlepoint Inc to produce and distribute this content. As part of that content, readers, subscribers, and webs are expected to read the full disclaimers and financial disclosure statement that can be found on our website capitalgainsreport.com All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. CGR is not a fiduciary by virtue of any persons use of or access to this content. Contact Details Capital Gains Report Mark McKelvie +1 585-301-7700 markrmckelvie@gmail.com Company Website http://Capitalgainsreport.com

January 02, 2024 06:00 AM Eastern Standard Time

News Release

Dolly Varden announces agreement with Libero Copper to acquire south portion of Big Bulk Property

Dolly Varden Silver Corp

Dolly Varden Silver CEO Shawn Khunkhun recently joined Steve Darling from Proactive to share a significant development for the company entering into an option agreement, which allows them to earn 100% interest in the southern portion of the Big Bulk Project from Libero. This strategic move consolidates the entire copper-gold porphyry system, significantly enhancing the company's prospects in the region. The Libero property, known as the Big Bulk Property, encompasses seven mineral claims, spanning over 3,000 hectares within the Golden Triangle of British Columbia. Importantly, the property already holds existing land use agreements and exploration permits, streamlining Dolly Varden Silver's exploration efforts. Khunkhun elaborated that the southern part of the Big Bulk Property has a history of exploration dating back to 2001-2003 when Teck and Canadian Empire Minerals were actively involved. Recent geologic mapping has led to a new interpretation of the geology, revealing a larger calc-alkaline porphyry system with structural similarities to the Kerr-Sulpherets-Mitchell deposits, displaying comparable age and setting. Regarding their plans for 2024, Khunkhun mentioned that they have 70 drill holes set to report in the new year. The objective is to connect deposits, potentially marking a watershed moment for Dolly Varden Silver. Khunkhun believes that they are already at a point where they have significant size and grade, and the next round of drilling could be transformative. Their 2024 plans include continuing to delineate resources, expanding and extending their deposits, and answering the question of whether they have a 1 billion-ounce Silver Cow on their hands, as they are 14% of the way there based on their 2019 results and 100,000 meters of drilling. The geological similarities with nearby world-famous mines like SK, Bruce Jack, Kennedy, and Premier make this a compelling prospect. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

January 02, 2024 05:47 AM Eastern Standard Time

Video

All Industries

8Wonder and Vinpearl DIC Legends Vietnam: Elevating Vietnam's Experiential Tourism to Global Heights

Yuzu Finance & Horizen EON: Unlocking Yield Opportunities in the Horizen Ecosystem

Mariner Wealth Advisors Builds on Vast Presence in California with Acquisition of Confluence Financial Planning

AbraSilver Announces Proposed Earn-In Option & Joint Venture Agreement on La Coipita Project

XLK ETF: A Mainstay in Technology Investing

Sigma finishes 2023 with a final 22,000-tonne shipment of Quintuple Zero Green Lithium concentrate

Tonix Pharmaceuticals announces key topline data from 2nd Phase 3 Clinical Trial of TNX-102 SL

4 Solar Stocks Poised for Growth In 2024

Dolly Varden announces agreement with Libero Copper to acquire south portion of Big Bulk Property