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Activision’s Landmark Deal Boosts Esports Team Revenue

MarketJar

Microsoft’s Activision Blizzard just unveiled a landmark revenue deal for the Call of Duty League (CDL), 1 creating a buzz across the entire esports landscape. The updated agreement promises a dynamic shift in the esports landscape, starting with the elimination of outstanding entry fees. This bold move not only returns previously collected fees to teams in full but also permanently removes this financial obligation, injecting much-needed capital back into the League. Teams are set to experience a significant boost in revenue streams with increased earnings from sales of in-game merchandise, including Team bundles and the highly coveted Champs bundle. Activision Blizzard is also increasing the existing event subsidy amounts for teams organizing live in-person events, such as majors, opens and champs. On top of that, teams will now benefit from a two-year minimum revenue guarantee, “so they can continue investing into the Call of Duty League with more peace of mind” according to Daniel Tsay, General Manager of Call of Duty Esports at Activision Blizzard. Activision Blizzard isn’t the only game developer making much-needed adjustments to its profit-sharing model. Riot Games recently unveiled a new partnership model for professional teams in the LCS, LEC, and LCK leagues, inspired by the successful VALORANT Champions Tour. This model aims to provide teams with more predictable revenues and greater financial upside through in-game digital content sales. Under the new model, teams will receive a fixed stipend and share in revenue generated from LoL Esports digital content sales, facilitated by a Global Revenue Pool (GRP). Riot Games intends to increase the standard esports revenue share percentage and expand the variety of LoL Esports digital content offerings to further support the GRP and incentivize team success. For premier esports and entertainment company OverActive Media (TSXV:OAM) (OTC:OAMCF), these changes provide a long-term horizon for growth and a clear path to profitability. OverActive Media Signs Transformative Esports Deal Canadian-based OverActive Media is one of the world’s largest esports ownership groups with a roster of widely popular professional esports teams, including the Toronto Ultra in Call of Duty League, MAD Lions KOI in the League of Legends EMEA Championship and Movistar KOI in the VALORANT Champions Tour. On April 16, OverActive Media (TSXV:OAM) (OTC:OAMCF) entered into a new team license agreement with the Call of Duty League (CDL), building on the company’s strategic realignment and long term vision for esports. The renewed commitment eliminates approximately C$35.1 million in outstanding entry fees. It also includes a one-time restructuring payment of C$2.8 million (US $2 million) to OverActive Media in Q2 2024. Riot Games’ proposed changes also stand to benefit OverActive Media and its League of Legends franchise MAD Lions KOI, which has consistently been a top performer in the LEC, securing multiple championships, making regular appearances at the Mid-Season Invitational (MSI), and never missing a World Championship since joining in 2019. OverActive Media (TSXV:OAM) (OTC:OAMCF) received the green light from Riot Games to compete in the VALORANT Champions Tour EMEA 2024 season following the blockbuster acquisition of KOI and Movistar Riders. The newly formed MAD Lions KOI team has already seen record crowds, drawing 741,000 peak viewers in a regular season match during the League of Legends EMEA Championship (LEC) Winter Split in January. This was the highest viewership since summer 2021. Co-founder Ibai also contributed to this momentum, attracting over 4.7 million Twitch views, surpassing the 2.93 million viewers of the Succession series premiere. Another milestone was achieved on February 18 during the LEC, with a record 830,816 viewers, the highest ever for a regular season match. Click here for more information about OverActive Media (TSXV:OAM) (OTC:OAMCF). [1] https://www.callofdutyleague.com/en-us/news/the-future-of-the-call-of-duty-league Disclaimer 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, OverActive Media. Market Jar Media Inc. was paid $1,500 for the production and publishing of this article by OverActive Media’s Digital Marketing Agency of Record (Native Ads Inc.). Additional details relating to Market Jar Media Inc.’s engagement by OverActive Media’s Digital Marketing Agency of Record (Native Ads Inc.) are set out in https://pressreach.com/disclaimer-oam. 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. Market Jar has not independently verified or otherwise investigated all such information. None of Market Jar or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. All investments carry risk and each reader is encouraged to consult with his or her individual financial professional. Any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.'s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on pressreach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on pressreach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management's expectations regarding OverActive Media’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to OverActive Media’s industry; (b) market opportunity; (c) OverActive Media’s business plans and strategies; (d) services that OverActive Media intends to offer; (e) OverActive Media’s milestone projections and targets; (f) OverActive Media’s expectations regarding receipt of approval for regulatory applications; (g) OverActive Media’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) OverActive Media’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute OverActive Media’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) OverActive Media’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) OverActive Media’s ability to enter into contractual arrangements with additional parties; (e) the accuracy of budgeted costs and expenditures; (f) OverActive Media’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of OverActive Media to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) OverActive Media’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact OverActive Media’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing OverActive Media’s business operations (e) OverActive Media may be unable to implement its growth strategy; and (f) increased competition. Except as required by law, OverActive Media undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does OverActive Media nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither OverActive Media nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of OverActive Media or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of OverActive Media or such entities and are not necessarily indicative of future performance of OverActive Media or such entities. 8) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on PressReach.com constitutes advice or a recommendation. Contact Details James Young +1 800-340-9767 campaigns@pressreach.com Company Website https://pressreach.com

April 18, 2024 08:00 AM Eastern Daylight Time

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ToolsGroup Reimagines Supply Chain Decisions: Unveiling Decision Hub and GenAI-Assisted Planning at Hannover Messe

ToolsGroup

ToolsGroup, a global leader in supply chain planning software, is set to unveil its latest innovations in decision-centric planning at Hannover Messe. As a pioneer in adopting AI-driven solutions that enable supply chain executives to navigate uncertainty, ToolsGroup has long been on the cutting edge, enabling smarter, faster decisions that drive profit. With the release of Decision Hub, ToolsGroup now makes continuous, collaborative and asynchronous decision-making in response to supply chain volatility simple. Supply chain leaders face unprecedented and increasing supply chain disruptions. They need a more effective and efficient way to evaluate options, mitigate risks, and exploit opportunities as situations arise. Decision Hub transforms traditional supply chain decision-making by bringing together the right stakeholders at the right time, armed with the right information to make better decisions faster. Rather than struggling to find a time for a meeting or collaborating piecemeal in chats and a rapidly expanding email thread to make delayed decisions informed by outdated and cobbled-together data, supply chain executives can leverage Decision Hub to collaborate asynchronously in a virtual situation room, run multiple scenarios, evaluate potential impacts, and decide on the most profitable response. ToolsGroup is revolutionizing customer productivity and value delivery through GenAI, reshaping the user experience within the SO99+ suite. This cutting-edge chatbot, integrated as a beta solution, integrates Microsoft AI Services, including Azure OpenAI Service in addition to Azure Kubernetes Service to offer unprecedented visibility into ToolsGroup’s proprietary engines’ autonomous decisions. Available for testing at Hannover Messe, it allows users to harness Natural Language Processing to interact with the solution effortlessly. This ensures seamless alignment with business objectives and facilitates critical decision-making. As the feature evolves, users will effectively have an SO99+ expert at their fingertips. These innovations lay the groundwork for ToolsGroup’s vision of decision-centric planning. "Today, data latency, poor collaboration, and rigid decision-making processes all work against companies trying to make the right decisions in the face of uncertainty. Supply chain leaders must collaborate seamlessly and respond in real-time to critical events, adapting production and distribution plans to changes in demand and supply. Decision Hub reimagines this process, innovating decision collaboration for the speed of today’s supply chain,” said Robert Kaufholz, Senior VP of Product Management at ToolsGroup. “We are thrilled to unveil our latest innovations for true decision-centric planning with Microsoft at Hannover Messe. Together we are helping customers transform their businesses and are delivering impactful, human-centered solutions to the market.” Dominik Wee, Corporate Vice President, Manufacturing and Mobility at Microsoft added, “Microsoft AI capabilities provide ToolsGroup access to powerful language models, effortlessly tailored to specific tasks. This integration enables ToolsGroup to provide solutions that ensure seamless coordination between business goals and human-focused solutions.” Find out more about ToolsGroup’s solutions for manufacturing here. Join ToolsGroup at Hannover Messe to experience firsthand how Decision Hub and GenAI are reshaping the future of the supply chain - Find us in the Microsoft Booth, Hall 17 Stand G06, April 22-26. Book a meeting with our experts. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

April 18, 2024 08:00 AM Eastern Daylight Time

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CURE ALZHEIMER’S FUND REACHES $200 MILLION IN RESEARCH GRANTS

Alzheimer’s Disease Research Foundation

April 18, 2024 — Cure Alzheimer’s Fund, a nonprofit dedicated to funding the most promising research to prevent, slow or reverse Alzheimer’s disease, announced today that it has reached an important milestone—awarding more than $200 million in research grants to leading scientists throughout the world investigating the disease. Since its establishment in 2004, Cure Alzheimer’s Fund (CureAlz) has supported more than 840 innovative grants led by more than 300 scientists resulting in 1,182 published peer-reviewed papers in prominent scientific journals. Many of these projects have yielded significant breakthroughs, resulting in findings contributing to new and critical avenues for development of novel treatments. “CureAlz was founded with one mission: to fund research that will accelerate prevention, treatment and a cure for this disease,” said Henry McCance, Chair of Cure Alzheimer’s Fund. “Since the beginning, our approach has attracted others to join us in this fight, all who have been vital to what we have achieved. It has been an honor to deploy more than $200 million dollars in funding that is enabling and accelerating extraordinary research pursued by brilliant and determined scientists around the world.” Funded projects have included: · The Alzheimer’s Genome Project, the first large-scale, family-based study of the human genome specific to Alzheimer’s disease. · Projects that explore how the body’s complex immune responses may contribute to Alzheimer’s disease. · A consortium of experts to expand our understanding of the role the APOE gene may have in Alzheimer’s disease. “For 19 years, our Founders and Board of Directors have been steadfast in their commitment to our mission to end the terrible burden of Alzheimer’s. The field’s top scientists contribute their expertise and guidance to CureAlz, meaning science and data are always our lodestars to a cure,” said Meg Smith, CEO of Cure Alzheimer’s Fund. “Our leadership’s vision, drive and generosity are matched by that of our dedicated donor and researcher communities. We celebrate this milestone as the shared achievement it is, and at the same time rededicate ourselves to accelerating an end to Alzheimer’s.” Cure Alzheimer’s Fund is a non-profit dedicated to funding the most promising research to prevent, slow, or reverse Alzheimer’s disease. Since its founding in 2004, Cure Alzheimer’s Fund has provided more than 840 grants to more than 300 of the world’s leading researchers and contributed more than $200 million to research. Its funded initiatives have been responsible for many key breakthroughs in understanding the causes and pathology of Alzheimer’s disease. Cure Alzheimer’s Fund has received a 4-star rating for more than 12 consecutive years from Charity Navigator. Our Board of Directors, Trustees, and a core group of other donors direct their donations to our overhead expenses so that 100% of general donations go to our research program. For more information, visit CureAlz.org. To learn about the impact of Alzheimer’s on women and women working towards a cure, WomenandAlzheimers.org. Contact Details Barbara Chambers +1 978-417-9890 BChambers@CureAlz.org Company Website https://curealz.org

April 18, 2024 08:00 AM Eastern Daylight Time

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‘Puerto Rico's Day at the Ballpark’ Continues Series in 2024

21 Events, Inc.

PRCDA (Puerto Rico Convention District Authority) has officially signed on as the presenting sponsor of the Puerto Rico day at the Ballpark to be celebrated at Yankee Stadium on April 25 th when Yankee starting pitcher Marcus Stroman will be honored before the game. In addition to this lead off event for 2024, there are plans to activate events in Tampa on 8/16 and Minnesota on 9/15. This program pays tribute to Puerto Rico's rich 125-year baseball history dating back to 1898, and also as a source of many notable ballplayers over the years. In the Fall of 2022, the organizers partnered with the PRCDA to honor one of those memorable players, Roberto Clemente. The teams that participated in Puerto Rico Day at the Ballpark during the 2023 season included the Texas Rangers, New York Mets, Boston Red Sox, Detroit Tigers, Minnesota Twins, Pirates and the Atlanta Braves. The players honored included Ivan “Pudge” Rodriguez, Edwin Diaz, Joey Cora, Francisco Lindor, Alex Cora, Javier “Javy” Baez, Juan Nieves, Alex Lange, Riley Greene, Joe Jiménez, Eddie Rosario, Joshua Palacio and Carlos Correa. Marcus Stroman is Puerto Rican from his mom Adlin Auffant side of the family. Since Stroman’s first pitch for the Blue Jays in 2019, he has been a top level starting pitcher. He has played for the Blue Jays, Mets, Cubs and now with the NY Yankees. As part of the series, the organizers commissioned custom-designed artwork commemorating each of the Puerto Rican ballplayers, while drawing from their Puerto Rican heritage. "Puerto Rico loves baseball for many reasons, we are proud that so many excellent players call us home. This sport is part of our tradition, of who we are, of our history. It is impossible to speak about our Island without mentioning Ivan Rodriguez, Bernie Willian, Jorge Posada and Ed Figueroa and so many others," said Mariela Vallines, Executive Director of the PRCDA. “It's a great honor to elevate the positive image of Puerto Rican baseball since the late 1800s until today by sharing historical baseball data and recognizing the Puerto Rican baseball stars on MLB teams in 2024. stated Ralph Paniagua, Publisher of LatinoBaseball.com. About PRCDA Puerto Rico Convention District Authority (PRCDA) is a public corporation created under Law Number 351 of September 2nd of 2000, as amended. Its mission is to develop and operate the Convention District, positioning Puerto Rico as a world-class business, tourism, and entertainment destination. PRCDA's objectives include efficiently managing prominent venues, revitalizing urban areas, promoting job creation and business opportunities, and acting as a facilitator in partnership with the private sector. About 21 Events, Inc. 21 Events, based in Puerto Rico, that is responsible for producing events that celebrate Puerto Rico’s culture and the success of the people of the island. 21 Events is a powerhouse sponsorship and activations platform for Latino sports, entertainment, experiential, and digital. 21 Events, has spearheaded Fortune 100 brand activations with more than 18 Major League Baseball teams, the Roberto Clemente Foundation, the Tito Puente Foundation and Jose Feliciano Family, among others. Contact Details Kenn Alexander kenn@talentedartpro.com

April 18, 2024 08:00 AM Eastern Daylight Time

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Bitget’s COO Leads Discussion on Cryptocurrency’s Future at Blockchain Life Week 2024

Bitget

Bitget's Chief Operating Officer, Vugar Usi Zade, shared the stage during the recent Blockchain Life Week 2024, with other distinguished leaders from top crypto exchanges in a panel titled "Conductors in the World of Cryptocurrencies: What Top Exchanges Think About 2024". The discussion provided an in-depth look at the anticipated developments and strategic directions for the crypto industry in the upcoming year. Vugar Usi Zade highlighted the critical importance of prioritizing end-user experiences and privacy, drawing lessons from historical challenges such as the Facebook and Cambridge Analytica data scandal. He stressed the necessity for industry leaders to work closely with regulators to enhance user protection without stifling innovation. "Our goal is to ensure that legislation supports the growth of blockchain technologies rather than hindering it," Usi Zade noted. “As key players, centralized exchanges should work with legislators and educate them on how blockchain technology works and how introducing legislation should help the end user.”Addressing the infrastructure of the gig economy and energy sectors, Usi Zade shared insights about Bitget's initiatives to support the integration of blockchain technologies in various industries. "We are particularly excited about our projects that give NFTs a second chance and promote sustainable energy practices among communities," he added.A significant focus for Bitget in the coming years, as outlined by Usi Zade, will be on developing and nurturing talent within the blockchain sector. He emphasized the company's commitment to invest in entrepreneurial innovation on its platform. "We believe in empowering new talent to build and develop rather than trying to do everything ourselves," he explained. “There are so many opportunities, and we need so much talent, for the entire economy and industry. In the next two years, we will invest as many resources as possible to develop talent.”With an exemplary track record of safety, Bitget underscores its pledge to user security through substantial financial safeguards, including a robust protection fund. "We maintain a 200% proof of reserve, ensuring that funds remain secure even if all users withdraw their assets simultaneously.” Usi Zade asserted. “We have security measures in place, but in case something goes wrong, we have an insured Protection Fund to make sure that there are no customers suffering at the other end.” The Bitget COO emphasized that its Protection Fund is one of the largest in the industry, providing an additional layer of security against potential breaches. Usi Zade also discussed the role of centralized exchanges in facilitating access to the crypto market. He described how Bitget has simplified the transition for users from traditional finance to cryptocurrencies through user-friendly services like social logins and comprehensive customer support. The COO concluded his talk by touching upon the regulatory challenges and the potential of decentralized exchanges to evolve further. "As legislation in Europe begins to affect how users can transact with non-KYC wallets, centralized exchanges will need to adapt. However, this also presents an opportunity to redefine our roles, potentially acting as intermediaries in large B2B transactions," he speculated. The panel discussion at Blockchain Life Week 2024 provided much-needed insights into the crypto industry's expected trajectory. It also reinforced Bitget’s position as a leader prepared to navigate and shape the future landscape of digital currencies. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange that offers Copy Trading services as one of its key features. Serving over 8 million users in more than 100 countries and regions, the exchange is committed to helping users trade smarter by providing a secure, one-stop trading solution. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord Contact Details PR Team media@bitget.com Company Website https://www.bitget.com/

April 18, 2024 07:26 AM Eastern Daylight Time

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Zonte Receives Technical Analysis of the K6 Drill Samples and a Grant from the Newfoundland and Labrador Government.

Zonte Metals Inc.

April 18, 2024 – TheNewswire – Zonte Metals (TSXV:ZON)(XOTC:EREPF) is pleased to provide an update on additional data from the K6 drilling program at its Cross Hills Copper Project in Newfoundland and Labrador and provide notice it has received an exploration grant from the Government of Newfoundland and Labrador.   Highlights from technical analysis of the K6 drill core; Mineralization occurred in a number of pulses.   Documented changes in the style of mineralization suggest possible extension to depth with better grade.   Target is open at depth and to the west.     Terry Christopher, President and CEO comments; “A number of samples from the recently completed K6 drill core were analyzed via thin section and scanning electron microscope. The findings from this examination, coupled with characteristics derived from core logs, reveal several significant aspects of the copper system at K6. Firstly, there were up to three distinct pulses of mineralization, with the final one manifesting as a hypogene chalcocite event that overlaid earlier mineralization. This observation is significant as these late overprinting chalcocite events can lead to elevated grades. Moreover, changes in the overall character of the mineralization offer insights into the copper system, suggesting a potential increase in grade with depth. These features are evidenced by a progressive increase in copper grade with depth in the drill holes, along with a notable augmentation in chalcocite content, particularly evident in the deepest drill hole, CH23-05. This hole exhibited higher mineral contents, with recorded grades in individual samples reaching up to 2.64%, as noted in our February 29, 2024 press release. These observations will be used to vector in on stronger parts of the mineral system in the up coming drill program.”   Zonte Metals has been exploring the Cross Hills Copper project since 2018. The project now has 12 targets, with a number of them at or near the drill ready stage. Over the past several years the Company has undertaken a program to enhance its understanding of the copper system with the aim of intersecting better copper zones in drill core. Early drill programs yielded copper intersections, with the longest continuous interval measuring 4.6m. This contrasts with the recently drilled K6 target, that availed of much more technical data prior to drilling, where continuous mineralization was intersected in intervals up to 34.5m (refer to the February 29, 2024 press release).   In preparation for the follow-up drill program at the K6 target, Zonte commissioned a thin section (TS) and Scanning Electron Microscope (SEM) analyses of select samples from the recent drill core. These analyses were conducted by Hamilton Geoconsulting of Hamilton, Ontario. The objective was to provide additional insights into the mineralizing system, which in conjunction with other findings, could aid in defining possible extensions for the intersected copper intervals.   One significant finding from the TS analysis was the discovery of up to three distinct mineralizing events. Near the surface in CH23-06, a sample at 98.62m, which sits in the 34.5m interval that returned 0.11% Cu, recorded at least two phases of mineralization, as evident from chalcopyrite replacing bornite. Chalcocite was also present, but no distinctive relationship to the initial two minerals was observed in TS. Deeper in CH23-05, a sample at 164.85m, which sits in the 11.2m interval that returned 0.42% Cu, showed three pulses of mineralization. The early phase was a high-temperature one carrying chalcopyrite, which was subsequently followed by a bornite phase and then a late hypogene chalcocite phase.   Drilling through this portion of the target highlighted an increase in copper grade with depth, as illustrated in the cross-section below, which was previously released on February 29, 2024. The increasing copper grade with depth is interpreted to be controlled by the fluid system that emplaced the mineralization. In near-surface intervals, such as in CH23-06, mineralization was mainly characterized as thin films of chalcocite on hairline fractures. In contrast at depth in CH23-05, the mineralization is also comprised well-defined chalcocite grains and veining, penetrating the rock mass. This observation suggests the mineralization emplaced in CH23-06 may have been at the top of the system in the lower pressure portion compared to CH23-05 which would have been deeper and further into the copper system. Should this trend persist, it is inferred that more favorable portions of the mineralizing system may lie at greater depths, below CH23-05.   Click Image To View Full Size Figure 1. Cross section through CH23-06, 02, 03 and 05 drill holes at the K6 target. Based on the observations from the TS and SEM analysis, in concert with drill hole, geochemical and geophysical data, the target appears to be open at depth and to the west. The next drill program, which is being planned, will test these open directions. Additional information on the Cross Hills Copper project can be found at the following link  https://www.zontemetals.com/projects/cross-hills-copper-property. Zonte would also like to acknowledge and thank the Government of Newfoundland and Labrador for a grant totalling $69899.49. The grant was issued through the Mineral Incentive Program - Junior Exploration Assistance, from the Department of Industry, Energy and Technology. The grant is in recognition of 2023 exploration expenditures on the Cross Hills Copper Project.   Qualified Person Donald Blake, P.Geo. is the qualified person as defined by NI 43-101 and has reviewed and approved the contents and technical disclosures in this press release.   About Zonte Zonte Metals Inc. is a junior explorer focused on gold and copper. The Company owns 100% of the McConnells Jest project, in the Tintina Gold Belt, located in the Yukon Territory, the Wings Point project in the new Central Newfoundland Gold Belt, and the Cross Hills IOCG project located in Newfoundland and Labrador. In Colombia; the company has a 25% carried interest in Project X where historic drilling intersected significant gold mineralization and the Company and partner have an application over open areas sitting on top of the open pit outline of the Gramalote Deposit in Colombia, which is held by AngloGold Ashanti (NYSE:AU) and B2Gold (TSX:BTO, NYSE:BTG). The title issuance is being contested by the state governing the application and the Company has started legal action to protect its rights.   Forward-Looking Information This news release contains forward-looking statements which include statements regarding the Corporation’s future plans, as well as statements regarding financial and business prospects and the Corporation’s future plans, objectives or economic performance and financial outlooks. The Corporation believes that the expectations reflected in this news release are reasonable but actual results may be affected by a variety of variables and may be materially different from the results or events predicted in the forward-looking statements. Readers are therefore cautioned not to place undue reliance on these forward-looking statements. In evaluating forward-looking statements readers should consider the risk factors which could cause actual results or events to differ materially from those indicated by such forward-looking statements. These forward-looking statements are made as of the date hereof, and unless otherwise required by applicable securities laws, the Corporation does not intend, nor does it undertake any obligation to update or revise any forward-looking statements. 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 of accuracy of this release.   For further information contact:   Terry Christopher CEO and President 902-405-3520 info@zontemetals.com www.zontemetals.com

April 18, 2024 07:15 AM Eastern Daylight Time

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Adobe's New Acrobat AI Assistant

News Media Group, Inc.

Contact Details News Media Group, Inc. Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

April 18, 2024 07:00 AM Eastern Daylight Time

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HTX Participates as Sponsor in Blockchain Life 2024 Dubai, Driving Conversations on Cryptocurrency Adoption

HTX

HTX, a leading global cryptocurrency exchange, secured a prominent presence as a registration sponsor and a sapphire sponsor at Blockchain Life 2024 held in Dubai, United Arab Emirates from April 15 to 17. The decade-long exchange is committed to fostering innovation and development within the blockchain space. This strategic sponsorship not only allowed HTX to demonstrate its brand strength but also served as a platform to connect with a global audience of crypto enthusiasts and entrepreneurs, facilitating the widespread adoption of cryptocurrencies. HTX's professional and forward-thinking image resonated with attendees, garnering significant attention throughout the event. Additionally, HTX VIP Client Services Head Charmaine was invited to participate in theme-based panel discussions, where she engaged with industry experts to explore current trends, challenges, and prospects in the cryptocurrency market. On April 15, in a panel titled "Conductors in the World of Cryptocurrencies: What Top Exchanges Think about 2024?", Charmaine highlighted the burgeoning growth of DeFi, NFTs, metaverse, and AI over the past two years and the emergence of innovative technologies and projects, particularly within the early-stage AI sector. She also expressed that HTX, as a leading exchange, recognizes its responsibility to drive the development of these sectors. According to Charmaine, HTX outlined its plans to foster collaboration with developer communities, organize hackathons, and identify promising projects at an early stage. The exchange further pledged to support these premium projects through facilitated listings, expedited market entry, and strategic guidance for operational and market expansion – all aimed at propelling the Web3 ecosystem forward. Addressing security concerns, Charmaine emphasized HTX's commitment to user protection. The exchange leverages Merkle tree proof of reserves and third-party custody services such as Fireblocks to deliver a comprehensive security framework, ensuring a trusted trading environment. Additionally, a series of HTX-hosted events will take place in Dubai to connect with top ecosystem partners and projects in the industry, media friends, and the blockchain community. This includes “Core's Bitcoin Social Afterparty” hosted by Core Foundation and HTX Ventures, and an exclusive meetup with HTX’s key market makers in Dubai. Held on April 18, the highly anticipated HTX Dubai Whale Night will take place at an avant garde urban playground, Papa Dubai. Sponsored by DeepLink, a decentralized AI cloud gaming protocol, the theme of the event is "Innovators Unite, Pioneering the Frontier" and notable attendees include H.E. Justin Sun, a member of HTX Global Advisory Board, Edward, HTX Ventures Managing Partner, and Park JiHye, DeepLink CSO, who will each deliver a speech on the development of the cryptocurrency industry. Dubai, as a leading hub for global blockchain development, serves as a testament to HTX's global vision and confidence in the crypto market. HTX's active participation in Blockchain Life 2024 served as a springboard for extensive dialogues with policymakers, industry leaders, and global crypto communities, further solidifying its influence in the cryptocurrency space. Moving forward, HTX remains committed to proactive dialogue with the industry to explore innovations and collaborations on driving global adoption and application of cryptocurrencies and shape a more open and interconnected Web3 ecosystem. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

April 18, 2024 05:36 AM Eastern Daylight Time

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4 Stocks To Watch As EV Demand Rebounds

VVPR, PLUG, ENVX, MULN

Contrary to the numerous mainstream reports that EV demand will be slowing down this year, the market is already showing solid signs of recovery. In China for instance, which is currently the world’s biggest EV market, EVs drove first-quarter sales growth, rising 31.8% to 2.09 million units, as automakers launched new models and cut prices. In the US, the number of newly introduced EV options that can go 300 miles or more on a single charge, which is considered the threshold for a long-range vehicle, increased to 30 models at the beginning of 2024, representing a 500% increase in three years. It is therefore no surprise that research firm Fastmarkets forecasts global EV sales growth will increase by 36% year-on-year in 2024, marking another year of consecutive double-digit growth rates. In other large emerging vehicle markets like India and Southeast Asia, the EV market has been gaining major traction thanks to increasing government support. Thailand and Malaysia both provide tax support for final EV purchases, while in the Philippines, as part of its push to develop the country’s EV sector, the government is looking to incentivize the manufacture of four million EV units in the next 10 years. That means that although EV stocks are down right now, the long-term fundamentals of the broader sector remain strong, and now would be the perfect time to spot undervalued companies. And it won't be only EV companies that will benefit from a rebound in demand; battery stocks will also benefit from the tailwinds of this trend. With that being said, here are four stocks that investors should consider adding to their watchlist as EV demand picks up again. VivoPower International (NASDAQ:VVPR) is a sustainable energy solutions company that believes sustainability doesn’t need to be expensive. This is why it has taken a differentiated approach to getting into the EV market. Through its subsidiary, Tembo, the company provides conversion kits with all the parts required to convert a vehicle from an internal combustion engine to an EV. Think motors, batteries, transmission, charger, software, and the rest of the components that make the converted vehicle work safely and seamlessly. Initially, these conversion kits are targeted at some of the most widely used utility vehicle models, including the Landcruiser and Hilux, which are designed to function in the harshest and most rugged terrains. The kits pack a 72kWh battery, which allows a 180 km to 190 km range as well as more pulling power and hill climbing capabilities than the diesel equivalent predecessor. Tembo’s value proposition is simple and straightforward. Its users will incur lower maintenance and operational costs, have less downtime, and won’t need expensive fuel infrastructure. So far, VivoPower International (NASDAQ:VVPR) has secured a commitment of 5000+ kits and an order pipeline of 10,000+, illustrating the company’s strong growth prospects. Those included an MOU in Jordan for 1,000 kits, opening a path to the Middle East, which is the largest Landcruiser market, and a definitive agreement in Kenya for 4,000 kits, providing entry into second-hand vehicle segments. Furthermore, the company signed a definitive joint venture agreement with Francisco Motor Corporation in September 2023 to develop and supply electric utility vehicle (“EUV”) electrification kits for a new generation of electric jeepneys (e-jeepneys) in the Philippines. In order to better position itself for this coming recovery, VivoPower International (NASDAQ:VVPR) recently revealed that Tembo would go public via a merger with Cactus Acquisition Corp. 1 Limited (CCTS), a NASDAQ-listed SPAC, and change its name to Tembo Group. CCTS will issue 83.8 million shares in exchange for Tembo shares at $10 per CCTS share, which implies a valuation of Tembo of $838 million. The deal, which will be finalized in May, will also see 16.76 million Tembo Dividend Shares distributed to VivoPower shareholders, who will receive 5 Tembo Group shares for each VivoPower share held. What that means is that even in a base-case scenario where Tembo share’s debut is at say $1 per share instead of $10, VVPR stock would surge to at least $28 per share. This incredible upside potential is further reaffirmed by the fact that VivoPower International (NASDAQ:VVPR) received a direct investment of $5 million into Tembo at a pre-money valuation of $120 million from a private investment office of a member of the ruling Al Maktoum family of Dubai. To further illustrate his confidence in the company, Vivopower announced that executive chairman and CEO Kevin Chin is increasing his individual shareholding in the company by 146,084 shares (about 4.4% of the outstanding shares) to increase his shareholding to 12.3%. Plug Power Inc. (NASDAQ:PLUG) is a global leader in hydrogen fuel-supply solutions and hydrogen applications for material handling, power generation, and e-mobility. The company’s end-to-end hydrogen value chain includes electrolyzers to make green hydrogen and the infrastructure needed to liquefy, store, transport, dispense, and convert hydrogen into carbon-free electricity. PLUG recently announced that it signed a contract to provide a significant U.S. electric vehicle manufacturer with hydrogen infrastructure and fuel cell technology for its material handling fleet. The automotive facility is one of the largest in the nation dedicated to electric vehicle and battery production, and under the agreement, Plug Power will supply the entire material handling fleet at the facility, including forklifts and tuggers, with its fuel cell solutions. The partnership also includes the installation of on-site hydrogen infrastructure, such as two liquid hydrogen storage tanks and over 10 hydrogen dispensers, to support the facility's expansion into hydrogen applications. Plug Power will begin the installation and commissioning of the hydrogen infrastructure in 2024, with the facility anticipated to be fully operational by the first quarter of 2025. Although the company has not yet achieved profitability, CFO Paul Middleton gave some interesting insights into why the company was facing problems at the JPMorgan 2024 Industrials conference. Basically, PLUG has been subsidizing the hydrogen fuel market as it waits for its own production plants to come on line. The Georgia plant finally came on line in January Enovix Corp. (NASDAQ:ENVX) develops high-performance batteries, leveraging its more than 626 technology patents and patent applications globally. The company recently announced it has been granted 15-year Pioneer Status from the Malaysian Investment Development Authority (MIDA) for manufacturing its batteries in its high-volume manufacturing facility by the name Fab2. Enovix’s Pioneer Status application was approved by the Government of Malaysia for the manufacture of lithium-ion batteries within the country for 15 years, with the primary benefit of this status being an exemption from the payment of income tax, subject to meeting certain conditions In July 2023, Enovix and YBS International Berhad, a Malaysia-based investment holding company, signed a Master Service Agreement to support Enovix’s Fab2 site. Since then, Enovix has made significant progress, establishing Fab2, hiring nearly 100 team members and building out approximately 250,000 square feet of factory space. Earlier this month, the company revealed that it had completed Factory Acceptance Testing (FAT) for its Gen2 Agility Line and is on track to produce the first silicon battery samples from Fab2 in the second quarter of 2024. “SAT (Site Acceptance Test) is also well underway. Both FAT and SAT processes ensure that we only place machines into service that meet our specifications for throughput, yield, and machine uptime," said Ajay Marathe, Chief Operating Officer at Enovix. The company has had a successful start to the year, reporting a remarkable fourth-quarter revenue increase to $7.4 million, which beat estimates by an impressive $3.96 million. Moreover, its massive sales grew by 575.3% on a year-over-year basis, underscoring its powerful positioning in its niche. Microvast Holdings, Inc. (NASDAQ:MVST) designs, develops, and manufactures lithium-ion battery solutions. The company was founded in 2006 and went public in July 2021 through a merger with SPAC Tuscan Holdings in a deal valued at over $700 million in cash. The company recently reported FY 2023 earnings, revealing a significant year-over-year revenue increase of 49.9% to $306.6 million, with a record quarterly revenue of $104.6 million in Q4 2023, representing a 61.4% increase. The company's financials, particularly in gross margin improvement and revenue growth, clearly illustrate its increasing efficiency and market penetration, especially in the EMEA region. Microvast's founder and CEO, Yang Wu, has expressed optimism about the company's trajectory, citing revenue growth in EMEA as a positive sign for continued success in 2024. Institutional investors are already taking a keen interest in the company, with Vanguard Group recently growing its holdings in the company by 8.9% in the 3rd quarter, according to its most recent 13F filing. The fund owned 12.5 million shares of the company’s stock after purchasing an additional 1 million shares during the quarter, representing 3.95% of Microvast shares worth $23.6 million. 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 VivoPower International PLC. to produce and distribute content related to VVPR. 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 https://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 CapitalGainsReport Mark McKelvie +1 585-301-7700 markrmckelvie@gmail.com

April 18, 2024 05:00 AM Eastern Daylight Time

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