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Marti’s Ride-Hailing Service In Growth Mode, Reaches 788,000 Riders And Over 145,000 Registered Drivers – Company Revises June Target Upwards

Benzinga

By Meg Flippin, Benzinga Marti Technologies, Inc. (NYSE: MRT), the leading urban mobility app in Türkiye, hit a major milestone earlier this month with more than 788,000 unique riders and over 145,000 registered drivers using its ride hailing service. Marti’s ride hailing service connects riders with drivers of cars, motorcycles, and taxis. Since the end of December, ridership has soared 58% while the number of drivers increased 36%. By June 30, 2024, Marti expects to grow even more and has increased its target from 850,000 unique riders to 900,000 while maintaining a target of 155,000 registered drivers. “The fast growth in both the rider and driver sides of Marti’s ride-hailing marketplace demonstrates the strong need for the service across Türkiye,” Marti said when announcing the growth in riders and drivers. “The service intends to provide readily available, safe and affordable rides for riders, while providing economic opportunities for drivers across the income spectrum.” Demand For Alternatives The ride-hailing market is taking off in Türkiye as consumers look for a convenient and affordable alternative to taxis. It's also being driven by local players like Marti who are gaining market share because they understand the unique needs and requirements of Turkish clients, such as accepting cash payments. Marti currently does not enable online payment for the service over its app or charge a fee for the service. A large portion of the Turkish population lives in congested cities and seeks ways to alleviate traffic jams and pollution. Ride-hailing services like Marti are seen as a way to combat that, and provide an easy way to navigate the cities. As a result, the ride-hailing market in Türkiye is expected to grow at a CAGR of 9.7% between now and 2028. McKinsey & Company estimates the potential size of the Turkish ride-hailing market in 2030 at $15 billion to $20 billion. Leader In The Making? Recognizing that unmet need to help people in Türkiye get around, in 2019 Marti launched its super app and in less than five years has morphed into a leader in the marketplace. Not only does it match riders with cars, but it also has motorcycle-hailing and taxi-hailing services, and operates a large fleet of rental e-mopeds, e-bikes and e-scooters. All of Marti’s offerings are serviced by proprietary software systems and IoT infrastructure. Another claim to fame for this up-and-coming company is its New York Stock Exchange (NYSE) American stock listing, which Marti accomplished this past summer. It is relatively rare for a Turkish company to debut on a U.S. stock exchange, but Marti did exactly that after merging with Galata Acquisition Corp in July 2023 to become the first company from Türkiye to list directly on the NYSE. What sets Marti apart from other ride-hailing services and traditional taxis is its concentration throughout Türkiye, and in particular in Istanbul. With an unofficial population of over 20 million people, Istanbul is the largest city in Europe; bigger than cities like London, Paris, and Berlin. Of the company’s 145,000 registered drivers, more than 122,000 are in Istanbul. That compares to just 19,845 taxis operating in the city. That equates to 6.2 times more registered drivers than taxis serving the city. With widespread coverage across Istanbul, it's not hard to see why Marti is so popular. The company also says it takes care of driver safety, with Marti’s drivers undergoing formal background checks before acceptance into the service. Marti reports that the average rating of its ride-hailing drivers is 4.8 out of 5 stars. The ride-hailing market in Türkiye seems to be taking off thanks to companies like Marti, which saw a need and met it. With operations across Türkiye, Marti is in growth mode, with more of that expected in the months to come. Featured photo by Osman Köycü on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

April 30, 2024 08:20 AM Eastern Daylight Time

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News Release

Sui Teams Up with Google Cloud to Drive Web3 Innovation with Enhanced Security, Scalability and AI Capabilities

Sui

Collaboration focuses on tackling key Web3 challenges through data-driven insights, AI-powered development tools and zero-knowledge proofs Sui, the Layer 1 blockchain and smart contract platform created and launched by the core research team responsible for building Facebook’s Libra and Diem projects, is collaborating with Google Cloud to support the future of Web3, via a partnership with Mysten Labs. This joint effort will focus on enhancing security, scalability, developer tools, and user experiences across a range of Web3 and AI-powered applications. Key initiatives of this partnership include: Data-Driven dApps Google Cloud strengthened its commitment to Sui’s development ecosystem by integrating Sui blockchain data into BigQuery public datasets, providing developers with powerful analytics tools, unlocking new insights and innovative dApp possibilities. AI-Enhanced Development Sui used Google Cloud’s generative AI platform, Vertex AI, and trained it on the Move programming language, to help Web3 developers debug and augment code generation. Mysten Labs created a new AI-based code auditing tool using Google Cloud’s AI and Cloud capabilities, that identifies security vulnerabilities in Rust, Move, Typescript and Solidity, augmenting security efforts to quickly identify and improve vulnerable code. Seamless User Experience Sui's zkLogin technology already demonstrates the potential of this collaboration, as it bridges some of the gaps between traditional (Web2) and decentralized (Web3) applications. zkLogin is a fundamental cryptographic primitive that uses OAuth credentials from Google and other trusted Web2 platforms, allowing frictionless authentication of crypto wallets and dApps on Sui. Robust and Scalable Infrastructure Sui leveraged Google Cloud's globally scalable infrastructure to power the security and high transaction throughput of its network. This integration ensures high performance and seamless capacity to scale. “Collaborating with Google Cloud helps us propel the development of secure, scalable, and user-centric Web3 experiences," said Evan Cheng, CEO and co-founder of Mysten Labs. "Google Cloud's infrastructure and cutting-edge AI capabilities complement Sui's unique technological strengths, empowering all types of developers to create the next generation of decentralized applications on Sui." "We are committed to supporting Web3 innovation with our secure cloud infrastructure and AI capabilities,” said Amit Zavery, VP and general manager, and Head of Platform, Google Cloud. "Sui's advanced blockchain technology and commitment to user-friendly experiences make them a valuable collaborator for delivering transformative applications that can be easily embraced by Web3 and Web2 developers.” Google Cloud is also committed to empowering the Sui developer community through its Web3 Startup Program. This initiative offers resources including Google Cloud credits, access to Discord channels with Web3 experts, foundation grants and global events, all designed to accelerate the development of innovative applications on Sui. About Sui Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing, user-friendly experiences. Learn more: https://sui.io About Mysten Labs Mysten Labs is a team of leading distributed systems, programming languages, and cryptography experts whose founders were senior executives and lead architects of pioneering blockchain projects. The mission of Mysten Labs is to create foundational infrastructure for web3. Learn more: https://mystenlabs.com About Google Cloud Google Cloud is the new way to the cloud, providing AI, infrastructure, developer, data, security, and collaboration tools built for today and tomorrow. Google Cloud offers a powerful, fully integrated and optimized AI stack with its own planet-scale infrastructure, custom-built chips, generative AI models and development platform, as well as AI-powered applications, to help organizations transform. Customers in more than 200 countries and territories turn to Google Cloud as their trusted technology partner. Contact Details Mysten Labs Lexi Wangler lexi.wangler@mystenlabs.com

April 30, 2024 08:15 AM Eastern Daylight Time

Liechtenstein Group Invests in PowerPollen To Unlock Potential for Major Food Crops

Liechtenstein Group

The Liechtenstein Group, known for its commitment to sustainable agriculture and innovative technologies, is leading a funding round of €22.5 million in the US company PowerPollen. PowerPollen has developed a unique pollination technology that allows pollen to be collected, preserved, and applied on-demand. This technology promises significantly better pollination and thus higher crop yields. Pollen from wind-pollinated crops usually survives only a few minutes to hours at most. Climate change – drought, excessively high temperatures, pollinator decline, and extreme weather events – has made the pollination of these plants even more complex. PowerPollen's technology offers a contemporary solution to these challenges in commodity crops, ensuring more stability and consistency in agricultural yields. PowerPollen’s patented technology and hardware collects pollen from male plants, and then preserves the viability of the pollen up to four years for future application. Using a custom applicator, the pollen can be applied precisely at the right time and under ideal conditions in the fields. Yield improvements of over 20 percent with corn seeds significantly contribute to improving global food security. Targeted pollination "on demand" reduces the need for male plant rows, leading to reduced land use, as well as lower water and resource consumption. In recent years, PowerPollen has proven its technology through successful partnerships with industry leaders, such as Bayer and Corteva for corn, and BASF for wheat, and underscores the value of leveraging scale-up innovation, like PowerPollen, to meet the world’s goals for more sustainable food production. "For years, our technology has proven effective in corn and continues to demonstrate strong potential for applications in other crops. With the new financing, we'll continue to advance our technology, aided by the expertise and global network of the Liechtenstein Group," said Todd Krone, Co-Founder and CEO of PowerPollen. PowerPollen Rice Joint Venture Leverages On-Demand Pollination for Hybrid Rice As well as taking a stake in PowerPollen's parent company, the Liechtenstein Group has also established a promising joint venture with PowerPollen, PowerPollen Rice, which focuses on the development and commercialization of the pollination technology to rice. Hybrid rice, with a 20 percent or higher yield advantage over conventional pure line varieties, remains a cornerstone of global food security. Traditional rice cultivation poses escalating environmental and economic risks, including groundwater depletion, methane emissions and labor challenges. Enabling better hybrid rice pollination systems has the potential to increase the global rice value and sustainable production. "We are absolutely convinced of the technology and its importance for more sustainable agriculture and global food security. For RiceTec, our rice seed company, the technology also has enormous potential to further increase the efficiency of this staple food crop for billions of people worldwide," said Johannes Meran, CEO of the Liechtenstein Group. "Through RiceTec genetics and PowerPollen’s technology, we can unlock untapped efficiencies in hybrid rice production, setting the stage for a significant leap forward in global food security and climate change mitigation.” This research collaboration will result in commercialization of PowerPollen ’s technology for rice seed production by 2027. About Liechtenstein Group The Liechtenstein Group is an international group of companies and investment platform owned by the Foundation Prince Liechtenstein, operating in the areas of Food & Agriculture, Forestry, Renewable Energy and Real Estate. The Group pursues a long-term investment strategy with an international orientation, focused on its four core sectors. Through its activities, the Liechtenstein Group aims to make a positive contribution to the sustainable development of these industries. Liechtenstein Group's portfolio companies include, among others, rice seed company RiceTec, N-Drip, the LIECO Group, TESVOLT, PV-Invest, Wilfersdorf Estate and Forestry Operations, Kalwang Forest, and Liechtenstein Real Estate. Further information may be found at www.lgroup.com. About PowerPollen PowerPollen® offers a breakthrough, scalable technology to collect, preserve and apply pollen on-demand to help improve the productivity, profitability and sustainability of modern farming practices. Following multiple seasons of year-round field trials, PowerPollen’s patented pollination technology increased yield by more than 20% in commercial hybrid corn seed production fields. The company has applied its technology across thousands of commercial acres over the past several years. PowerPollen is headquartered in Iowa with additional research operations in Puerto Rico and Texas. Learn more about how PowerPollen’s on-demand pollination technology works at www.powerpollen.com Contact Details The Liechtenstein Group Julia Holter j.holter@lgroup.com AgTech PR for PowerPollen Jennifer Goldston jennifer@agtechpr.com

April 30, 2024 06:00 AM Central Daylight Time

News Release

NTG Clarity Announces Record-Setting Year-End 2023 Financial Results With Revenue of $27.7M and Profit of $2.3M

NTG Clarity Networks Inc.

Toronto, ON / T he N ewswire - Accesswire / April 29, 2024 / NTG Clarity Networks Inc. (TSX.V:NCI; OTC: NYWKD) reports its fourth quarter and year end results for the fiscal year ended December 31, 2023 (all figures in Canadian Dollars). The following is NTG Clarity CEO Ashraf Zaghloul’s letter to shareholders for year-end 2023. 2023 has been a historic year for NTG Clarity. With every quarter breaking all-time revenue records, we’re experiencing growth never before seen in our more than 30 years in business. Revenues for 2023 were up 57% to $27.7M compared to $17.65M in 2022 with a profit of $2.3M in 2023, up 190% from $788K in 2022, making three consecutive profitable years. With a global trend of enterprises undergoing rapid digital transformation, both our offerings of outsourced software development resources and proprietary software products have seen rapidly growing demand that shows no signs of slowing down. Since embracing our new offshore model in 2021, we’ve been able to connect more clients with talented candidates faster, accelerating their digital transformation journeys. All while at a lower cost to clients and a higher margin for us. This is the primary driver behind our profitability in the last three years. To accommodate the increase in demand, we expanded our Egypt Offshore Center by opening a new office in Cairo, Egypt in 2023. This office in the Al-Aghouza district along the Nile River, our third in Cairo, has since become our flagship offshore resource campus, with space for more than one hundred new staff and room to expand further when needed in the future. In 2023, we solidified our commitment to education, training, and personal development by opening the NTG School which is part of the NTG Academy, in cooperation with the Egyptian Ministry of Education. This partnership aims to equip Egyptian secondary technology school students with a dual curriculum, integrating NTG’s specialized technology training alongside the ministry’s curriculum. NTG proudly dedicates a team of educational engineers ensuring comprehensive training for the next generation in the exciting field of digital transformation. Although most of our growth was due to increased demand for our outsourcing services, our software product line is picking up. Many of our existing customers in the Finance, Telecom, and IT sectors are embracing the NTGapps platform as a way to rapidly develop business apps to simplify day-to-day operations with no developer resources required. New customers in sectors like Food & Beverage and Logistics & Distribution are also signing on to have end-to-end ERP systems developed on our NTGapps platform. We continue to improve our working capital, with our deficit down 41% to $2,092,663 from 2022 to 2023. Our growth in 2023 has enabled us to prioritize getting legacy debts repaid. Going into 2024, we also look forward to paying down our long-term debts incurred when refocusing the business in 2019. Our non-current liabilities are majority management-owned and relatively low-cost with flexible repayment terms. We kick-started this growth and repayment process in December 2023 with the closing of a private placement with proceeds of $1,110,000, to be used for accounts payable and other corporate initiatives. As our revenues continue to grow and we remain comfortably self-funded, we’re constantly looking for ways to invest and grow even faster. In July 2023, we received approval from shareholders to perform a five-to-one share consolidation. Although the consolidation has not been executed by the end of 2023, we’re looking forward to cleaning up our count of shares outstanding and bringing a little more stability to the stock with a higher price per share. Shareholders can also enjoy higher earnings per share due to the lower share count, but also due to our strong growth trajectory. Income Statement Highlights for the Year Ended December 31, 2023 and 2022 Balance Sheet Highlights Outlook Entering 2024, we’d like to share NTG Clarity’s Commitment to: Customers by providing flexible, quality services at a competitive price. We accelerate and simplify the digital transformation journey for our clients by providing the right solution delivered by passionate professionals both on their sites and offshore. People by helping our staff grow and develop personally and professionally. We empower our staff to build and deliver challenging projects while providing opportunities for training and career advancement both internally and outside NTG. Shareholders by continuing our growth trajectory and profitability. With purchase orders on-hand and contracts we expect to close, we project our 2024 revenue to approximately double to $50 Million. With three years of consistent profitability under our belt, we’re actively identifying opportunities to make sure as much of this new revenue as possible flows on to the bottom line. Community by passing our experience down to the next generation. We provide youth education and employment opportunities tailored to the modern job market through NTG School. We’re very excited to continue our successful growth into 2024 and use our growing funds to create value for our shareholders by reinvesting into further growth, and also paying down our longer-standing debts. I’d like to thank you, our valued investors, for your continued confidence. Looking forward to another successful year in 2024. About NTG Clarity Networks Inc. NTG Clarity Networks’ vision is to be a global leader in digital transformation solutions. As a Canadian company established in 1992, NTG Clarity has delivered software, networking, and IT solutions to large enterprises including financial institutions and network service providers. More than 600 IT and network professionals provide design, engineering, implementation, software development and security expertise to the industry’s leading enterprises. Forward Looking Information Certain statements in this release, other than statements of historical fact, are forward looking information that involves various risks and uncertainties. Such statements relating to, among other things, the prospects for the company to enhance operating results, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These uncertainties may cause actual results to differ from information contained herein. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of the management on the dates they are made and expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change. For Further Information: Adam Zaghloul, Vice President, Strategy & Planning NTG Clarity Networks Inc. Ph: 905-305-1325 Fax: 905-752-0469 Email: adam@ntgclarity.com Neither 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.

April 29, 2024 05:00 PM Eastern Daylight Time

Emotions Events Unveils Latest Marriage Proposal Trends for Dubai's Elite

Rev Up Marketers

Crafting a memorable proposal in Dubai, a city synonymous with luxury and sophistication, demands not only finesse but also a keen eye for the latest trends. From its iconic skyline to its serene desert landscapes, Dubai provides a stunning backdrop for couples seeking to begin their journey of love. Emotions Events, an esteemed Proposal Planner Dubai, led by visionary CEO Farah, is dedicated to orchestrating bespoke proposal experiences that epitomize luxury and romance. As an architect, Farah brings a unique perspective to proposal planning, ensuring that each moment is infused with exquisite design and attention to detail. With a deep understanding of the significance of this milestone in a couple's life, Emotions Events specializes in creating enchanting memories that will be treasured forever. In keeping with the ever-evolving landscape of proposal planning trends, Emotions Events is proud to introduce the latest innovations into their packages. This year, design trends lean towards minimalist elegance, with a focus on clean lines and understated sophistication. The trend colors of the season, including classic white and bold hues, are incorporated to create visually striking proposals that leave a lasting impression. Fresh flowers play a central role in this year's proposal designs, adding a touch of natural beauty and romance to every setting. Whether it's a lavish floral arrangement at an exclusive dining experience or a delicate bouquet presented during a desert adventure, Emotions Events ensures that flowers are used abundantly to enhance the ambiance and create a magical atmosphere. In addition to design and color trends, customization remains a key focus in proposal planning. Emotions Events works closely with each couple to understand their preferences and personalities, crafting proposals that reflect their unique bond. From personalized touches to tailored experiences, every detail is carefully considered to ensure that the proposal is a true reflection of the couple's love story. As Emotions Events continues to set the standard for Dubai Marriage Proposal planning, Farah expresses her excitement for the year ahead. With a commitment to excellence and a passion for creating unforgettable moments, Emotions Events is poised to help more couples celebrate their love in style. For inquiries and further details, visit emotionsevents.net. For any press-related queries or additional details, feel free to contact us at Info@emotionsevent.com or visit https://emotionsevents.net/. About Emotions Events Emotions Events is a premier event-organizing company in Dubai, specializing in creating extraordinary and unforgettable moments for couples. With a commitment to excellence, the company offers various services, including proposal and wedding arrangements, and special event coordination. Whether you're planning a heartfelt proposal or a grand wedding, the platform is committed to bringing your fantasies to life. Contact Details Emotions Events Farah Adil Mohammad Hamdan +971 52 131 5577 Info@emotionsevent.com Company Website https://emotionsevents.net/

April 29, 2024 03:16 PM Eastern Daylight Time

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Alkane Resources boosts confidence in gold-copper property following Kaiser resource update

Alkane Resources Limited

Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) managing director Nic Earner is back with Proactive’s Elisha Newell after the company posted a resource update for the Northern Molong Porphyry Project’s (NMPP) Kaiser deposit in Central West New South Wales.The revised figures now indicate an overall resource of 213 million tonnes at a grade of 0.55 g/t gold equivalent, totalling 3.74 million ounces. The update follows an extensive infill drill program, which amalgamated results from 217 holes and nearly 95,000 metres of drilling activity.The resource update is part of Alkane’s broader revision for the NMPP, including the complementary Boda deposit, which now boasts a global resource of 796 million tonnes at 0.58 g/t gold equivalent for 14.7 million ounces. Of this, 537 million tonnes are categorised as indicated resources and 258 million tonnes as inferred, highlighting substantial deposits of both gold and copper in both camps.Notably, the metallurgical results from these deposits have supported the development of a viable flowsheet, showing promising recoveries of 81% for copper and 71% for gold at Kaiser, with results slightly higher at Boda.Earner emphasised the heightened confidence in the Kaiser deposit’s potential, noting the transition of some resources from inferred to indicated categories and improvements in metal grades. Consequently, an upcoming scoping study — expected later this quarter — will further detail the potential economic outcomes and development plans for the Boda and Kaiser districts. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

April 29, 2024 03:15 PM Eastern Daylight Time

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Siebert Williams Shank Grows Public Finance Team with Another Key Hire

Siebert Williams Shank

New York, NY — April 25, 2024 — Siebert Williams Shank & Co. (SWS) announces a key new hire in public finance industry veteran Collin Teague, most recently an Executive Director of the Municipal Securities Department at Morgan Stanley. Teague will serve as a Manager Director in Siebert Williams Shank’s public finance group, highlighting the firm’s steadfast and growing commitment to expand its municipal finance practice in 2024. Teague comes to SWS with 19 years of municipal banking experience at Morgan Stanley, BofA Securities, and Goldman Sachs. He has executed numerous public finance deals for a diversified set of infrastructure and transportation issuing clients across the Midwest Region and Texas, including a $2.9 billion green-field toll road for the Grand Parkway Transportation Corporation in Houston. As a Manager Director of Public Finance at SWS, Teague will focus on originating business with surface transportation issuers throughout the country. “Collin joining us is further evidence of our commitment to growing our public finance platform with a particular emphasis on those areas where we believe there will be voluminous issuance,” said Gary Hall, President of Infrastructure & Public Finance at the firm. “Given the need for both capital improvements and investment in the surface transportation sector, we want to have a seasoned banker focused in this area.” Based in Siebert Williams Shank’s New York office, Teague will provide investment banking services and structure deal transactions for toll roads, highways, and transit systems. “With the COVID relief money running out, we believe these municipalities need to raise capital in other ways, which we think is in the issuance of bonds,” said Sewon Kim, Manager Director and Head of Transportation Group. “So we see opportunities because of that, in addition to tremendous infrastructure needs across the country. Having a senior banker like Collin investing his time and efforts on the surface transportation sector will give us significant leverage in a key growth area of public finance.” Teague is known as a highly technical banker with broad intellectual curiosity and a strong work ethic. “Siebert is a growing company while several others are not growing or even contracting,” Teague said. “Municipal finance is a core business of Siebert, and the surface transportation side really attracted me because that’s what I want to focus on in the next step of my career.” Dually headquartered in New York, NY and Oakland, CA, SWS is an independent non-bank financial services firm that offers investment banking, sales and trading, research, and advisory services. Its mission is to exceed expectations through value-added results and leave a lasting impact on the sectors, corporations, and communities they serve. SWS counts 74 Fortune 100 companies among its clients. ### Contact Details Butler Associates Tom Butler +1 646-213-1802 TButler@ButlerPR.com Company Website https://www.siebertwilliams.com/

April 29, 2024 03:01 PM Eastern Daylight Time

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News Release

Annual Results

Icarus Capital Corp.

April 29, 2024 – TheNewswire – Richmond, BC – ICARUS CAPITAL CORP. ( TSXV: ICRS ) Icarus Capital Corp is pleased to have filed its audited consolidated financial statements for the fiscal year ended December 31, 2023, and its annual MD&A. In summary, the results are the first since completing its qualifying transaction on September 30, 2023 and include a full quarter of operations from the acquisition target, Yuk Yuks Calgary comedy club; with revenues of $392,510 and gross profit of $145,990 for the quarter and for the year ended December 31, 2023. For the year, on consolidation, Icarus reported a net loss of $194,992 or $0.03 per share, compared to a loss of $156,840 or $0.04 per share for December 31, 2023. As announced with the closing of the qualifying transaction, Icarus also entered into a license agreement to secure rights to use trademarks of Yuk Yuks Inc. and Funny Business Production Inc., and are excited that that relationship formerly kicked off with the recording of the comedic content from a theatre show performance in Vancouver, BC on April 20, 2024 (results of which will be reported in subsequent financial statements). Icarus also previously announced the acquisition of rights to certain theatre show revenues in White Rock, BC in its press release of February 28 and also has a theatre performance booked for May 4, 2024 in Abbotsford, BC (results of which will be reported in subsequent financial statements). Icarus has undergone a reorganization at the executive level and appointed Eric Y. Lapointe to the position of Chief Executive Officer and Garry Yuill to Chief Financial Officer. Eric has held key positions with Just for Laughs and ComediHa! in the past. Garry holds and MBA and is a Chartered Professional Accountant (CPA-CMA). About Icarus Icarus completed its Tier 2 listing on the TSXV on September 29, 2023 and trades as “ICRS”; Icarus now operates a “Yuk Yuk’s” Comedy Club in Alberta and hosts comedy events in British Columbia. Further Information The TSX Venture Exchange Inc. has neither approved nor disapproved the contents of this press release. 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. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to: the terms and conditions of the transactions; the business plans of Icarus; use of funds; and the business and operations of the Issuer. 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. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; delay and failure to receive applicable Board, shareholder or regulatory approvals. 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. These forward-looking statements are made as of the date hereof and Icarus disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws. For further information regarding the above, please contact: Garry Yuill, Chief Financial Officer, Icarus Capital Corp. Email: garry@icaruscapital.ca Telephone: (778) 866 - 9041 NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWS WIRES

April 29, 2024 03:00 PM Eastern Daylight Time

News Release

Fantasy Metaverse Darklume - Presale is LIVE

DarkLume

Darklume VR, a trailblazer in the VR entertainment industry, proudly announces its launch of DarkLume VR, an amazing virtual world where the user can experience fun, entertainment, and fantasy elements like never before. The mission of DarkLume VR is to create a dynamic and immersive metaverse in which users can connect with like-minded individuals and experience the epitome of luxury and sophistication. Users can join the presale here. Darklume VR transports players into a realm where reality meets fantasy, offering an unbelievable level of immersion that blurs the lines between the physical and virtual worlds. Through cutting-edge technology and innovative design, Darklume VR provides online gamers with an immersive experience like never before, delivering stunning visuals and realistic soundscapes. Users can enter the DarkLumes nightlife with breathtaking dance floors and virtual clubs, igniting their inner feelings and accumulating digital wealth. Users can build long-lasting relationships or plan their strategies to make money online and come out wealthy. "At Darklume, we are committed to pushing the boundaries of virtual entertainment and fun," said the CEO of Darklume. "With Darklume VR, we are not only redefining the immersive metaverse experience but also unlocking new possibilities for creativity, collaboration, and exploration within the virtual realm." Key features of Darklume VR include: DLUME currency: Use DarkLume's native currency, DLUME, to engage in any of the activities within the DarkLume VR. It serves as the primary medium of exchange. The more DLUME coins the user has, the higher the rate of fun and enjoyment. Country citizenship Every country within the DarkLume Metaverse offers citizenship by holding a minimum specific token. Maintaining the citizenship To maintain citizenship in the country, the user has to pay the taxes levied on them; otherwise, their citizenship will be revoked. Users can spend their DLUME Coins on various activities and earn them within Darklume VR by engaging in social activities. Another interesting fact here is that every user without any sources of income will be receiving unemployment wages, but they cannot be used for personal gain. To celebrate the launch of Darklume VR, Darklume is offering a special airdrop worth $15000. Users can visit the DarkLume VR Twitter (X) handle, complete the small task, and become part of their dream world. About Darklume DarkLume VR presents a unique virtual metaverse concept combining social interaction, fantasy elements, and a gamified ecosystem. Through its native tokens, DLUME, users can fulfill their unfulfilled desires in the Virtual world. The elements include monthly unemployment wages, tipping each other, helping society, and engaging in social activity. DarkLume is pushing its boundaries to offer fun, fantasy, and entertainment of another level, along with beautiful games to explore. With the continuous support of loyal investors and an active community, DarkLume VR strives to achieve a level beyond one can imagine. For more updates, users can join DarkLume VR Telegram and follow them on Twitter Contact Details Darklume Osvaldo Rizzo Osvaldo111@gmail.com

April 29, 2024 01:54 PM Eastern Daylight Time

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