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Sapphire Technologies Surpasses Expectations, Poised for Substantial Growth in 2024

Sapphire Technologies

Sapphire Technologies, developer and manufacturer of energy recovery systems for hydrogen and natural gas industrial applications, is stepping into 2024 with a strong growth trajectory. In August 2023, the company secured a $10 million investment through its Series B funding and saw a remarkable workforce growth rate of 200%, positioning the business for impactful progress and strategic collaborations, including first of its kind wellhead applications, amid continued global expansion in 2024. Sapphire is continuing to leverage key partnerships to expand its turboexpander technology in markets around the globe, highlighting a steadfast commitment to innovation. In midstream applications, the company has introduced products with an upgraded pressure rating of 1600 psi-g (pounds per square inch gauge), surpassing the operational needs of most midstream pipelines. Simultaneously, in wellhead applications, Sapphire has achieved a milestone by delivering two units resilient against water vapor and liquid drop-out. Throughout these advancements and partnerships, the company remains dedicated to generating zero-emissions electricity. Key partnerships and projects for Sapphire in 2023, included: Tallgrass: Sapphire built and successfully tested the initial eight turboexpanders, with more under development. Once installed, this advanced technology will enable Tallgrass to harness otherwise wasted energy and produce clean, carbon-free power. CNX Resources: The partnership resulted in the development and delivery of a FreeSpin® In-line Turboexpander, which has been adapted for operation in applications where liquids are present in the gas. Sapphire completed and validated several design changes to waterproof the system. TB Global Technologies Ltd.: Sapphire strengthened its partnership with TB Global Technologies to further expand its footprint in the Japanese market. Sapphire commissioned two groundbreaking FreeSpin In-line Turboexpanders last year, which generated 3.5 gigawatt-hours (GWh) of clean energy, effectively offsetting 2,700 tons* of CO2e emissions from the atmosphere. *Calculated by the method of EPA (Environmental Protection Agency) Global Expansion: Sapphire Technologies has set its sights on expanding its reach and presence in 2024 by forging strategic partnerships with leading companies in South America and the Middle East. “As we reflect on the strides made in 2023, securing a significant $10 million investment stands as a testament to Sapphire Technologies' unwavering dedication to transforming the clean energy sector. With the support from industry leaders and investors, we're excited about the prospects ahead,” said Freddie Sarhan, CEO of Sapphire Technologies. “As we continue to combat global carbon emissions, we’re focused on pursuing opportunities for expansive growth in emerging markets, including the dynamic landscape in the Middle East, where we are currently evaluating groundbreaking pilot projects with leading oil and gas companies in the region.” Looking ahead, Sapphire will prioritize the development of technologies to support the installation of turboexpanders at wellhead locations through rigorous development testing. Part of the company's focus will be commercializing solutions to mitigate the effects of hydrogen sulfide in the process gas. Sapphire Technologies is driving global decarbonization through developing and manufacturing energy recovery systems that harness the power of gas expansion to produce reliable and clean electricity. Sapphire Technologies’ systems are designed to convert energy wasted in pressure reduction processes into electric power without interrupting operations. By recovering this wasted pressure energy, Sapphire Technologies helps customers maximize efficiencies, improve productivity, reduce carbon emissions, offset electrical costs and achieve substantial financial returns. For additional information visit: https://www.sapphiretechnologies.com. Contact Details Kite Hill PR Lara Schembri Sant +1 202-262-5311 sapphiretechnologies@kitehillpr.com Company Website https://www.sapphiretechnologies.com/

February 27, 2024 09:00 AM Eastern Standard Time

News Release

iEntertainment Network Inc. and ScoreKount Partnership

iEntertainment

CARY, N.C. – February 27, 2024 – iEntertainment Network Inc. (OTCBB: IENT) is proud to announce a groundbreaking partnership between its wholly owned subsidiary, iMagicGames.com, and ScoreKount.com, a Web3 company headquartered in Singapore. This collaboration aims to revolutionize the gaming landscape by infusing Web3 tokenomics, digital collectibles, and other innovative features into iMagic’s renowned Web2 games including currently operating game simulations like WarBirds, Dawn of Aces, M4 Tank Brigade, and other games from iMagic at www.TotalSims.com. Sada VGK, CEO and Founder of ScoreKount, expresses enthusiasm about the collaboration: "iMagic's games provide an ideal platform for the integration of tokenization and other Web3 functionalities, offering players unprecedented opportunities for staking events, competitions, and tournaments. We are thrilled to partner with iMagic, a team that has captivated global audiences with their Simulation and Strategy games for over three decades." In addition to enhancing the existing games with Web3 attributes, iMagicGames will introduce new combat simulation titles. Among the upcoming releases are China 2027, Defense of Taiwan, and the exhilarating WarBirds Combat Target Racing ESports game series. All of iMagicGames' current and legacy titles can be reviewed on our website at www.iMagicGames.com. For insights into iMagic's strategic direction in 2024, refer to our Strategy Document. To learn more about ScoreKount's upcoming initiatives, visit their Work-in-Progress website at www.ScoreKount.com. About iMagicGames, a subsidiary of iEntertainment Network, Inc. (OTCBB: IENT): iMagicGames, a subsidiary of iEntertainment Network Inc., boasts a rich history of developing over 250 successful games, with a collective sales figure surpassing 1 billion units worldwide. Notable titles include Civilization, Gunship, Silent Service, M1 Tank Platoon, and the iconic WarBirds series, each of which has garnered millions of enthusiastic players. About ScoreKount: ScoreKount is a Singapore-based company at the forefront of Web3 gaming solutions, specializing in tokenization, NFTs, and innovative gaming experiences. Through strategic partnerships and innovative technologies, ScoreKount is committed to revolutionizing the gaming industry and empowering players with new opportunities for engagement and rewards. Media Contact: JW “Wild Bill” Stealey Chairman, iEntertainment Network Inc. JWStealey@IENT.com Company Phone: 919-238-4080 Sadanand VGK (CEO ScoreKount) Sada@ScoreKount.com WhatsApp: +91 99168 16868 Don Goddard (CTO ScoreKount) Don@ScoreKount.com WhatsApp: +1 (760) 500-4887 Contact Details Gregg Castano +1 203-935-8103 gregg.castano@newsdirect.com

February 27, 2024 09:00 AM Eastern Standard Time

Rotunda Capital Partners Announces Promotions of Ryan Aprill and Alex Gebert

Rotunda Capital Partners LLC

Rotunda Capital Partners ("Rotunda"), an operationally focused private equity firm that partners with family-founder owned businesses, is pleased to announce the well-deserved promotions of Ryan Aprill to Managing Director and Alex Gebert to Vice President. These promotions recognize their outstanding contributions to the firm and their alignment with Rotunda’s core values. Ryan joined Rotunda in 2020 and has quickly established himself as a leader in deal origination and execution. His impact shines brightest in his focus on thematic sourcing and execution of portfolio add-on acquisitions. This expertise directly aligns with Rotunda's differentiating strategy of focusing on specific themes within the industrial and business services sectors, ensuring a deep understanding of market dynamics and value creation opportunities. Alex joined Rotunda in 2021 as an Associate and has steadily climbed the ranks to his current position as Vice President. This rise reflects his exceptional performance in deal analysis, due diligence, and portfolio company support. He has been a critical member of Rotunda's execution team, playing a pivotal role in numerous transactions and consistently delivering results that exceed expectations. “Both Ryan and Alex embody our core values of Partnership and Excellence,” said John Fruehwirth, Managing Partner. “They have each added significantly to the growth and success of Rotunda and we are excited to see them step into new leadership roles.” About Rotunda Capital Partners Rotunda Capital Partners is an operationally oriented private equity firm focused on transforming family-founder owned companies into dynamic, data-driven platforms able to achieve and manage significant growth. Since its founding in 2009, Rotunda has partnered with management teams to build great businesses within three primary sectors: value-added distribution, asset-light logistics and industrial, residential & business services. Rotunda strives to achieve replicable results by implementing its Rotunda Performance System to create strategic alignment, develop lean processes and create robust, data-driven infrastructures. For more information, visit www.rotundacapital.com. Contact Details Rotunda Capital Partners Margaux Valle +1 240-962-1707 PR@rotundacapital.com Company Website https://www.rotundacapital.com

February 27, 2024 08:55 AM Eastern Standard Time

How Groundfloor Is Leading The Fractional Future Of Real Estate Investing

Benzinga

By Austin DeNoce, Benzinga The investment landscape is in the midst of a transformation, shifting away from traditional, capital-intensive methods toward more inclusive, accessible approaches like fractional investing. This change is most evident in the real estate sector, where the concept of fractional shares is dismantling long-standing barriers to entry, making it easier for a broader demographic to participate in wealth-building opportunities across this asset class. The Challenges Prompting Change Historically, the real estate landscape has been characterized by a finite group of gatekeepers and hefty capital requirements – which has often sidelined the average investor and made wealth-building seem like a distant dream. Meanwhile, Real Estate Investment Trusts (REITs), though a popular means to invest in real estate, exhibit a number of limitations, including management-specific risks, market volatility and (for private REITs) issues like limited liquidity and high fees. However, it’s these drawbacks that have paved the way for alternatives that democratize access to real estate investment opportunities. The Advantages Of Going Fractional One potential antidote to many of the current pitfalls in the real estate market is fractional investing, which is revolutionizing a variety of asset classes but is particularly beneficial in markets characterized by high prices. Fractional shares allow investors to own a small portion of an asset, thereby lowering potentially steep capital requirements. As everyone well knows, purchasing an entire property can be incredibly expensive, and even investment vehicles like REITs that lower capital requirements suffer from liquidity constraints or limit their availability to accredited investors. However, fractional investing gives investors of all levels (accredited or otherwise) the opportunity for liquid exposure to a wide variety of real estate investments – regardless of the cost. The flexibility of fractional investing also simplifies diversification through exact-dollar investing while eliminating management costs commonly associated with real estate. For these reasons, fractional investing has emerged as a game-changer in the industry, making it possible for more people to partake in the stability and potential returns this asset class offers. Groundfloor: Pioneering A New Kind Of Real Estate Investing At the forefront of this ongoing transition in real estate investing is Groundfloor, a platform that has recognized the limitations of real estate investing and traditional REITs and actively sought to disrupt them. Groundfloor's innovative approach to fractional real estate investing is tailored for both non-accredited and accredited investors, providing access to short-term, high-yield returns backed by real estate assets. Through its platform, investors can invest in pre-vetted real estate loans with as little as $1 – enjoying returns with the potential to significantly outpace those of traditional REITs. Groundfloor's unique model offers a stark contrast to the opaque, fee-laden structure of private REITs, offering transparency, no fees and a direct link between investors and their investments. With solutions like the Groundfloor 3.0 auto-investing app, the platform empowers investors to automatically diversify their investments across multiple projects – blending the ease of technology with the security of real estate investment. A Fractional Future The trajectory of investing is unmistakably moving toward a more inclusive, diversified and accessible model, and fractional investing is part of the vanguard. Platforms like Groundfloor are key participants in this change, but they are also catalysts, breaking down the old barriers and forging a path to a future where investing is democratized for all. As we look forward, fractional real estate investing appears to have a bright future in finance, offering a compelling combination of simplicity and potential growth. With its innovative solutions and commitment to accessibility, Groundfloor stands ready to help lead the way, proving that the future of investing is indeed fractional. Embrace the fractional future and start investing in real estate with Groundfloor today! Featured photo by Blake Wheeler 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 is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

February 27, 2024 08:45 AM Eastern Standard Time

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Why The 1% Are Adding Alternative Assets To Their Portfolios

Benzinga

By Austin DeNoce, Benzinga Alternative assets are becoming the new buzzword in the investment world, especially among the affluent 1%. But what exactly are these assets? Simply put, they include investments outside the traditional arenas of stocks, bonds and cash. Think private equity, hedge funds, real estate, commodities and even the rapidly evolving world of cryptocurrencies. The appeal of these assets is their potential for higher, above-market returns and portfolio diversification as a crucial hedge against stock and bond market volatility with largely uncorrelated performance. The Shift In Investment Strategies So why are the wealthiest investors, those in the top 1%, shifting their focus to alternative assets? The reason is twofold. First, these investments have shown the potential to outperform traditional portfolios. UBS Group AG (NYSE: UBS), a global leader in wealth management, has responded to this trend by recommending higher allocations to private markets, including private equity, debt, real estate and hedge funds. In fact, UBS has called for a new benchmark, stepping away from a 60-40 stock-bond mix for a 40-30-30 stock-bond-alternatives portfolio. This advice aligns with historical data showing private markets outperforming the S&P 500 over the last three, five and ten-year periods. Secondly, the advent of more accessible private funds – such as evergreen or perpetual funds – has lowered the entry barriers. Minimum investment thresholds now range from under $100,000 up to the more typical $250,000. They also provide more flexibility to withdraw assets, making private markets more liquid and attainable for individuals with assets of $10 million or less. This democratization of alternative investments has caught the attention of many wealthy investors, who are increasingly looking to mirror the strategies of endowments and large single-family offices with substantial private investment allocations. DLP Capital’s Real Estate Funds In this search for alternative assets, DLP Capital provides unique opportunities with a focus on socially impactful real estate investing. The company's approach is grounded in using capital for real estate-backed investments aimed at generating returns for investors while also considering broader community prosperity. Its emphasis on passive investing in real estate funds aligns with the growing trend of investors seeking diversified portfolios that include alternative assets beyond the traditional 60-40 mix of stocks and bonds. DLP Capital offers a range of real estate funds, each with its unique strategy and target returns. For instance, the DLP Lending Fund focuses on providing capital to operators and builders involved in affordable workforce housing projects, targeting annual returns of 9-10%. The DLP Building Communities Fund, aimed at growth, invests in developing attainable single-family and multifamily rental communities p in the Sunbelt region, with a target of 11-13% annual returns. Additionally, the DLP Preferred Credit Fund focuses on mortgage loan origination and acquisitions of rental community assets, while the DLP Housing Fund focuses on equity investments into multifamily rental communities. Those two funds target returns in the range of 10-12%. Led by Founder & CEO Don Wenner, DLP Capital has completed more than 17,000 real estate transactions totaling over $4 billion since its inception in 2006. The company also has over $5.25 billion in assets under management and ownership of upwards of 18,000 housing units, giving DLP Capital a significant presence in the real estate sector. Ultimately, DLP Capital's strategies and achievements provide a clear example of the potential within real estate funds as an alternative asset class for investors aiming to diversify their portfolios. A New Era Of Investment Diversification The move of the 1% into alternative assets signals a potentially significant shift in benchmark investment strategies. For investors considering this path, funds like those offered by DLP Capital represent an accessible and socially responsible entry point into the world of alternative investments. As with any investment decision, aligning with individual financial goals and risk tolerance remains paramount. These assets can bring higher potential returns and diversification, but they also require a nuanced understanding of their unique risks and rewards. Nevertheless, for those ready to embrace this new investment frontier, DLP Capital has carved out a potentially compelling opportunity. Invest in DLP Capital’s real estate funds to add alternative assets to your portfolio. Featured photo by Austin Distel 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 is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

February 27, 2024 08:30 AM Eastern Standard Time

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Photography and Videography Jobs Soar in 2023, Finds Freelancer.com

FREELANCER.COM

Freelancer.com (ASX: FLN), the world’s largest freelancing and crowdsourcing marketplace by number of users and jobs posted, today published the fastest growing online jobs for 2023 based on data from more than 1 million projects posted to the platform. The data reveals that jobs related to video content creation are in high demand. Videography ranked as the second fastest growing skill of 2023, with Video Production and Video Editing jobs also growing significantly and placing in the top growing jobs. Other video-related jobs, such as YouTube Video Editing and TikTok, were also amongst the top 25 fastest growing jobs on Freelancer.com for 2023. Fueling this demand is an increase of brands incorporating video in their marketing strategies. According to Wyzowl, video content marketing is an essential part of a majority (88%) of marketers strategies with most (85%) planning to increase spending on video in 2024. Demand for skills in photography and photo editing was also a driver for new jobs. Adobe Lightroom projects saw the highest percentage growth across the year, while Photography as a skill grew by 3,625 total jobs. In terms of earning potential, freelancers in the United States are charging up to $300/hour for Photography skills, $200/hour for Videography and Video Editing, and $160/hour to create TikTok content. “Advances in generative AI are changing the way businesses are communicating and marketing themselves. A boom in video and photography services is a clear indication that there’s a shift towards visual, highly-produced content as opposed to reliance on legacy forms of internet marketing, such as a reliance on blog posts and articles to generate traffic. We expect this trend to continue and are already seeing signs of video and marketing categories continuing to increase in 2024,” said Matt Barrie, Chief Executive at Freelancer.com. One example of how businesses are shifting towards video and moving away from written content is evident when looking at the decreasing skills of 2023. Blog writing ranked as 13th in the top falling jobs on Freelancer.com, decreasing by 66% from 4,872 to 1,648 jobs posted in 2023. While some may speculate that the introduction of generative AI tools is impacting writing, blog writing was the only writing skill present in the falling jobs. In fact, other forms of writing such as Fiction Writing (up 36.1%), Creative Writing (up 18.8%) and Microsoft Word (up 16.8%) were both amongst the fastest growing jobs of the year. “AI can’t replace creativity, yet. Although this may emerge with model scale. We said this in the middle of the year when we saw creative writing jobs increase in Q2 2023 and the sentiment remains the same in 2024. What we are seeing is that our freelancers are moving up the stack. They’re evolving from just blog writers to editors. Moving from just illustrators to directors. Ultimately, AI is elevating our talent and improving efficiency and productivity in the process,” added Barrie. Top Freelance Jobs The most popular job in 2023 was graphic design, with more than a quarter million projects requiring the skill. Graphic design has always historically been the number one job type on Freelancer.com for over a decade. Jobs related to graphic design are also the best way for new freelancers to break into freelancing, as there is an abundance of projects offering Website Design, Logo Design, Icon Design, and other forms of graphic design available. Best Paid Skills Per Hour on Freelancer.com in 2023 Marketing, photography and video related jobs took out the top spots for the best paid skills per hour on the platform for 2023. These skills being paid the most is consistent with these categories also being the most in-demand for the year Best Paid Jobs per Project on Freelancer.com in 2023 As for jobs paid per project, internet marketing takes out the top spot, followed by website design, graphic design, data entry and video services. ###### Freelancer Fast 50 Freelancer Fast 50 The Freelancer Fast 50 index is the world’s largest forward indicator of trends in online jobs related to industries, technologies, products, and companies. The data is based on 1,122,000 jobs posted to the Freelancer platform between 1 January to 31 December 2023. 2023 Growing Skills 2023 Falling Skills About Freelancer Twelve-time Webby award-winning Freelancer.com is the world’s largest freelancing and crowdsourcing marketplace by total number of users and projects posted. More than 71 million registered users have posted over 23 million projects and contests to date in over 2,000 areas as diverse as website development, logo design, marketing, copywriting, aerospace engineering and manufacturing. Freelancer also owns Escrow.com, the leading provider of secure online payments and online transaction management, and Loadshift, an Australian enterprise freight marketplace. Freelancer Limited is listed on the Australian Securities Exchange under the ticker ASX:FLN and is quoted on OTCQX Best Market under the ticker FLNCF. Contact Details Freelancer.com Marko Zitko +61 404 574 830 mzitko@freelancer.com

February 27, 2024 08:23 AM Eastern Standard Time

Fastest Growing North American-Based Sports Media Company, Basketball Forever, Signs First North American Gaming Partnership with Dabble

Basketball Forever

Basketball Forever, one of the fastest growing and most engaged independent sports content brands in the world, announced its first North American gaming partnership with fantasy operator Dabble to offer free-to-play games to North American audiences. Though more than 50% of its website traffic and user base comes from the United States, this will mark Basketball Forever’s debut into the North American market. Since launching in the U.S. at the start of 2024, Dabble has garnered over 500,000 unique downloads and amassed more than 10,000 players, proving to be one of the most appealing fantasy operators in the industry. The partnership kicked off during NBA All-Star weekend when Dabble offered Basketball Forever’s Hot Hands game during the 2024 All-Star Game. The opening day saw nearly 10,000 players participating, culminating in more than 70,000 total sessions over All-Star weekend. “Our launch with Dabble during All-Star weekend proved that we are definitely in the right place at the right time by expanding our business operation into North America,” said Alex Sumsky, CEO and co-founder of Basketball Forever. “Our success with Dabble will be an incredible case study of what we can offer to North American fantasy and real money operators—something we have a proven track record of in Australia. For instance, through our content portfolio in Australia, we were able to drive A$15 million of LTV to TAB whilst only spending A$500,000 on player acquisition. With a highly engaged audience and an extremely low cost per acquisition, we can offer American operators the same type of impact, as well as the eventual launch of our own owned and operated products and game suites” Basketball Forever will offer Hot Hands again on March 26 during a matchup between the Los Angeles Lakers and Milwaukee Bucks. To play the game, users are given randomly generated, personalized bingo cards filled with player prediction tiles. Tracking the progress of selected player performances in real-time, users chase winning combinations, creating an immersive and interactive experience that blends the thrill of live sports with the anticipation of winning. All a user needs to do is complete a line to win a prize and fill the board to claim the jackpot. Two additional games, V.O.A.T. and Streaker, are currently in development and will go live before the end of the 2024 NBA season. In V.O.A.T., players will answer a series of live questions across various in-game events, testing knowledge and strategic decision making. Incorrect guesses eliminate users until one is left standing. The winner scoops the prize offered for that game. In Streaker, users will participate in a pick-em style game built around digital trading cards with trading mechanics. Both games will be offered as free-to-play versions for now, with real-money versions offered in the immediate future. In open beta, the V.O.A.T. product boasted a 91% organic retention rate with the 30,000 strong user base averaging 35 unique sessions per week on the game. “With our V.O.A.T. game, we were able to acquire our entire beta population and watch it grow four times over without spending a dollar on marketing or user acquisition tactics,” said Basketball Forever Chief Strategy Officer Nick Kelland. “ Because we own and operate our games, the majority of Basketball Forever’s content can have V.O.A.T.-related calls to action integrated, which is a pure opportunity for free daily user acquisition. We are expecting V.O.A.T. to grow to 300,000 users by the end of 2024 with a CPA of essentially $0.00. This is a massive opportunity for brands and sponsors in the North American market to reach a large and motivated audience for an extremely low cost.” Founded in 2015, Basketball Forever is a digital media platform creating news and content on the global basketball market. For more than a decade, the company has built its brand organically from Australia, amassing a monthly global audience of more than 110 million unique visitors. Previously, all of its partners, sponsors and development efforts focused on the Australian market, even though the platform reaches 45 million unique visitors per month from the United States alone. With its first major push into the North American market, Basketball Forever will be making several strategic business announcements in the upcoming months. ABOUT BASKETBALL FOREVER Basketball Forever was founded in 2015 with a mission to celebrate the game and embrace its ability to unite people from all over the world. The brand reaches millions globally as the best source of breaking news, commentary, rumors, and culture through a uniquely social-first approach, bringing the best content to the consumer and removing the barriers between the creative and the consumer. The company is currently the top ranked global sports company amongst millennials by engagement, garnering 3.9 billion impressions yearly, with a monthly global reach of 105 million unique visitors. For more information and to subscribe, please visit: BasketballForever.com Contact Details Hot Paper Lantern Sterling A. Randle +1 801-319-6153 srandle@hotpaperlantern.com Company Website https://basketballforever.com/

February 27, 2024 07:58 AM Eastern Standard Time

Builders Capital the #1 Private Construction Lender Nationwide Raises $2.3 Billion in New Capital

Builders Capital

Builders Capital set a new company record raising an additional $2.3 billion in new Capital in 2023, positioning them as the #1 private construction lender nationwide. “There is a massive need for private capital in light of the housing supply/demand imbalance and regional banking system challenges,” said Robert Trent, CEO of Builders Capital. “We plan to use the capital to expand our platform and continue to provide necessary and creative financing solutions to our homebuilding customers to support the growth and success of their business.” In addition to the amount of capital available, these traits set Builders Capital apart from other lenders demonstrating why they are the industry leader nationwide: Access to significant building material savings through their revolutionary MOR program. Speed and execution towards closing loans on time. Creative financing structures that allow their customers to operate their business more efficiently. Confidence of closing with thousands of loans funded and over $9B in volume. More spec homes and starts with underwriting based on the absorption of the project versus arbitrary restrictions from government-regulated banks. State-of-the-art technology allowing their borrowers 24-hour access to loan details and draws. Anytime draws so vendors can be paid as often as the borrower would like. An In-House Loan Servicing department that provides seamless support post-closing. Last year, Builders Capital expanded its lending and servicing team with the addition of an East Coast headquarters to help deliver robust lending solutions to more builders across the country and meet customer demand. Housing market inventory is scarce and existing for-sale inventory remains near historic lows. Total housing inventory fell to a record low of 910,100 units in December, down 18% from the prior month and 14.2% from a year ago, according to the National Association of Realtors (NAR). It was the lowest amount in more than 20 years since the data had been collected. New construction is a smart option for those looking to buy, making it a great time to be in the homebuilding industry. To learn more about Builders Capital and the construction loans they offer to builders and developers, visit builderscapital.com About Builders Capital Builders Capital is the nation's largest private construction lender, offering innovative financing solutions to a wide spectrum of developers and homebuilders. Loan products include options for Acquisition, Development, Construction, and Bridge financing, in the form of single-asset loans, portfolio loans, and revolving credit facilities. In addition to financing opportunities, Builders Capital borrowers can leverage national accounts for material purchase discounts, and access cutting-edge technology for project management, accounting, and BIM technology tools. Builders Capital is headquartered in Puyallup, Washington, with regional sales offices across the country. The management team at Builders Capital brings over 100 years of expertise in residential construction lending, home building, real estate development, and loan servicing. Learn more at: Builderscapital.com About BIMQuote BIMQuote and customhome.ai offer innovative products available to Builders Capital’s builder-borrowers, enabling them to operate more competitively, efficiently, and profitably in their business. BIMQuote offers a full project management and procurement suite, with integrated accounting and automated contracting tools such as lien waivers. Customhome.ai allows for the customization of a 3D digital model of a home and immediately generates a material takeoff as well as site-specific residential designs. Contact Details Joann Whetstine joann.whetstine@builderscapital.com Company Website https://builderscapital.com/

February 27, 2024 07:57 AM Eastern Standard Time

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News Release

Renforth Submits Victoria Samples for PGE Assay, Commences Additional Petrographic Work

Renforth Resources Inc.

Renforth Resources Inc. (CSE:RFR) (OTCQB:RFHRF) (FSE:9RR) (“Renforth” or the “Company”) wishes to inform shareholders that our geologists have returned from the field after completing some follow up fieldwork on our Victoria Multi Metals Zone, achieving the following; A review of the mineralized package in several drill holes from across the ~2.5km continuously drilled length to date including detailed review of textures, structure and geochemical identification of pathfinder elements indicating alteration, in an effort to better understand and identify vectors to the mineralization, Samples have been taken from the mineralized zones of several holes in order to test for PGEs. Previous testing of surface samples has confirmed the presence of PGEs in the VMMZ. These have been submitted to the lab, Samples from mineralized and nonmineralized core from each lithology were taken for further petrographic analysis to better understand the alteration and genesis of the mineralization. Detailed core review from multiple drill holes from the hanging wall in the sediments across the entire width through the mineralized zones and well into the footwall sediments was undertaken. The purpose of this exercise is to identify and better understand the subtle structural and chemical differences in the hydrothermal footprint of the VMS System hosting zinc and copper mineralization as well as the adjacent Nickel-Cobalt bearing calc-silicate alteration zone. Initial core logging has defined several phases or sub-units within the ultramafic bodies – the source of the Ni, Co mineralization. We are seeing hydrothermal alteration within the ultramafics leading to Ni, Co enrichment in the contact calc silicate lithology and are working to identify any structural controls on the emplacement of mineralization. This analysis will provide important vectoring data for planning future go forward exploration. Additionally, Renforth will select and submit samples from stored pulps from the entire mineralized package from one drill hole to test for PGEs, both in the presence of nickel and other sulfides and possibly elsewhere in the lithological assembly. "This work will answer some important questions we are asking internally. We know PGEs are present but not to what extent or grade. Results from this sampling will be shared once available. This has already yielded results from earlier efforts, as detailed in our prior press release" states Nicole Brewster, President and CEO of Renforth. "Essentially we are continuing with the science of proving the merit of Quebec's newest multi metals battery property, our setting, a large-scale structure with surface mineralization, road access and available and accessible hydro power has value in potential project longevity and low operating costs. The work we are doing is necessary in order to demonstrate potential and value." Renforth is hosting a webinar Wednesday Feb. 28 at 7pm ET, Nicole will present an update on the Malartic Metals Package and Renforth's nearby Parbec gold deposit. Registration is free via the link HERE. About Renforth Renforth is a battery metals area play with the dominant brownfield land position south of the world class Cadillac-Larder Lake Fault ("CLLF") in the prolific Cadillac and Malartic mining camps of Quebec's Abitibi. Offering exposure to gold, zinc, nickel, copper, cobalt and more, including lithium, Renforth's land position encompasses several areas of interest. Renforth's position is unique in that the both the battery metals mineralization within the Malartic Metals Package ("MMP") and our gold deposit at Parbec are road accessible, with hydro power crossing the properties, in an established and secure mining jurisdiction which regularly ranks as Top 10 (as determined by the Fraser Institute) in the world. Renforth is engaged in the active exploration of the proven MMP battery metals mineralization, working towards a maiden resource statement, and the remodeling of our Parbec gold deposit to incorporate the ~15,000m drilled subsequent to the 2019 effective date of the last MRE. Technical disclosure in this press release has been reviewed and approved by Francis R. Newton PGeo, OGQ a “qualified person” pursuant to NI 43-101. For further information please contact: Renforth Resources Inc. Nicole Brewster President and Chief Executive Officer C:416-818-1393 E: nicole@renforthresources.com #Unit 1B – 955 Brock Road, Pickering ON L1W 2X9 Follow Renforth on Facebook, LinkedIn and Instagram! No securities regulatory authority has approved or disapproved of the contents of this news release. Forward Looking Statements This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as ‘may’, ‘will’, ‘plan’, ‘expect’, ‘believe’, ‘anticipate’, ‘estimate’, ‘intend’ and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company’s securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided, and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.

February 27, 2024 07:00 AM Eastern Standard Time

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