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HTX Debuts "Earn with Pending Orders" Event: Join Now for a Share of 25.7B $HTX!

HTX

On June 26 (UTC), HTX introduced the "Earn with Pending Orders" event, offering non-stop rewards in 24/7 hours. By participating, users have the chance to share a prize pool of 25.7 billion $HTX. This event marks another significant initiative launched by HTX following the "Trade to Earn" event, aimed at innovating and enhancing the user experience. Through these innovative events, HTX hopes to offer users the combined enjoyment of trading and mining, while ensuring they experience secure and efficient trading services. "Earn with Pending Orders": A New Trading Experience HTX's "Earn with Pending Orders" evaluates the order book status within the platform's trading market. At regular intervals, snapshots of pending orders for the designated trading pair will be taken to determine whether the prices at which users place their orders fall within a valid range around the current market bid and ask prices. Subsequently, rewards will be calculated based on the order amount each user has placed. ● Random Minute-by-Minute Snapshots: Ensuring Transparency and Fairness The first phase of HTX's "Earn with Pending Orders" event will last from 10:00 (UTC) on June 26, 2024, to 10:00 (UTC) on July 3, 2024, featuring BTC/USDT as the designated spot trading pair. The platform will snapshot pending orders randomly once per minute to record their status. Pending orders must be limit orders with a minimum amount of 100 USDT at the time of the snapshot. Additionally, the price of pending orders should not deviate by more than 0.5% from the latest executed price (closing price) at the time of the snapshot. Here is an example. Let's assume the latest executed price (closing price) at the time of the snapshot for BTC/USDT is 60,000 USDT. The threshold range is ±0.5%. Therefore, the upper limit price for pending orders will be 60,300 USDT (calculated as 60,000 x 1.005), and the lower limit price will be 59,700 USDT (calculated as 60,000 x 0.995). Therefore, valid pending orders must have prices at the time of the snapshot between 59,700 USDT and 60,300 USDT (59,700 USDT < Pending order price < 60,300 USDT). ● Mega Prize: Enjoy Nonstop Rewards in 24/7 Hours The event boasts a total prize pool of 25,700,000,000 $HTX, with a daily prize pool of 3,675,569,713 $HTX, and a per-minute prize pool of 2,552,478 $HTX. During the event, users will share the per-minute prize pool proportionally based on the amounts of their valid pending orders. However, the hourly reward cap for each user in this event is 85,763,293 $HTX. A user will not receive rewards if either the reward limit for the participant or the prize pool limit is reached. Example: Let's assume that, in a specific minute, the total amount of all eligible pending orders is 1,000 USDT, and User A has a pending order amounting to 100 USDT. According to the provided reward calculation formula, User A's reward can be calculated as 2,552,478 $HTX * (100/1,000). Therefore, User A would receive a reward of 255,247.8 $HTX for that minute. Please note that users need to click "Register Now" in the announcement to participate in the event. Event Details: https://www.htx.com.jm/support/en-us/detail/74973710050124 Putting Users First: Meeting Diverse Demands HTX has always been committed to delivering users worldwide secure, diversified, and efficient trading services for digital assets. Since its establishment, HTX has always upheld a user-first philosophy, consistently innovating and improving user experiences to meet their diverse demands. HTX expressed its desire to drive the development of the cryptocurrency industry through innovative events and products such as "Earn with Pending Orders", seeking to grow together with users and foster value creation. 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 Miffy Chu glo-media@htx-inc.com Company Website https://www.htx.com/

June 27, 2024 02:05 AM Eastern Daylight Time

TRON Founder Justin Sun Wins Landmark Case in the People's Court of China

TRON DAO

Geneva Switzerland, June 26, 2024 – TRON DAO welcomes an unprecedented victory by its founder Justin Sun in the People’s Court of China over a landmark defamation suit filed against the Chongqing Business Media Group (“ the Media ”). Per court order, the Media has removed all of its false contents and issued a formal statement of apology to Sun, who has long been a target of media misrepresentations. The Media acknowledged in the statement that it had published false and defaming contents without fact-check or evidence, severely damaging Sun's reputation. “The rumor-monger has finally published an apology on the People’s Court’s website,” Sun said on an X post. “Although it took two years, justice has arrived.” The apology came after a two-year legal battle. Following hundreds of hours of fact-finding and a thorough trial, the Chongqing Yubei District Court ruled in the first instance that the Media broke the law and defamed Sun by publishing entirely unverified media contents, including an article and a video. The court ordered the defendant to retract all false contents and issue a public apology to Sun in a national newspaper. Neither party appealed the decision within the stipulated time frame, making the ruling final judgment. For Sun, the victory serves as a strong rebuttal to numerous widespread rumors and restores his personal reputation. The court reviewed extensive evidence and documentation from both sides before arriving at the verdict. The verdict sends a strong signal to all media outlets: citing unverified sources and spreading unsubstantiated information is likely breaking the law and tarnishing their own reputations. The Buried Truth in a Storm of Media Hysteria The case dates back to March 11, 2022 when the Media published an article on its news platform eastmoney.com. The article stated that Sun "was involved in insider trading," "fled abroad to evade the ICO ban," "engaged in fraud and money laundering," and "was under investigations by the IRS and the FBI," among other claims. The baseless article quickly went viral, getting picked up by many other media outlets, and severely damaging the reputations of both Sun and the TRON ecosystem. These reports cited an opinion piece about Sun published by The Verge in March 2022. That piece included a series of “interviews” with anonymous sources who all vividly described Sun's alleged wrong-doings Hollywood-style. While the story was purposefully sensationalized, the author cleverly dropped a disclaimer at the end acknowledging that he could not obtain any comments from any relevant authorities to substantiate any claims in the article. In essence, the opinion piece presented unverified stories and acknowledged them as hearsay. Similar media peppered their audience with buzzwords like "money laundering," "insider trading,” "investigations," etc. In their rush to maximize exposure and clicks, these desperate media outlets quickly amplified the article in order to make it go viral in no time. Amid this frenzy, any disclaimers on lack of evidence or unsubstantiated claims were conspicuously and conveniently ignored by the media, either intentionally or inadvertently. Defendant Guilty After Lengthy Two-Year Legal Battle During the trial, the People's Court of China scrutinized every detail, from the original The Verge article, the Media ’s recreated contents, to the interpretations made by all other domestic media during reproduction. The court concluded that The Verge's article lacked concrete evidence entirely and the Media 's report was devoid of any factual basis, which materially violated Sun's reputation. The court underscored that the original article’s authenticity was only confirmed by the author, and it was acknowledged in the article that none of the aforementioned authorities had validated any information presented. In the final verdict, the People’s Court of China ruled that all claims of Sun's alleged involvement in insider trading, fraud, money laundering, or any other claimed investigations and other alleged wrong-doings, are entirely unsubstantiated. During this two-year battle, all false claims made by the Media failed to withstand scrutiny. This lengthy due process has brought the truth to light by using facts and legal measures to debunk misinformation and disinformation. This final judgment rectified the injustices Sun has long endured and presented a legal precedent for the broader blockchain community on how unfounded rumors should be handled and dispelled. Significance of the court ruling: The Internet is not a legal vacuum, and the doers are safeguarded by law The final ruling of the case does not hand victory over to Sun alone but also upholds the rights of individuals who are committed to their causes but fall victim to fabricated news coverage with ulterior motives. This ruling has raised the public's legal awareness, encouraging victims of untrue news reports to assert their own interests through legal avenues. On the other hand, this incident also alerts all content disseminators against deceptive and unreliable media sources, especially those tainted with a history of fake and biased contents. This practice runs completely against the professionalism, objectivity, and neutrality that the modern media strive to uphold. Early in 1988, the " Reply of the Supreme People's Court to the Defendant Status of Newspaper Publishers and the Application of Jurisdiction in Cases of Infringement of the Right to Reputation " already made it clear that news agencies have verification obligations for the news reports they publish, and both the author and the news agency shall be held legally accountable for a publication's infringement of other individuals' right to reputation, in which case they may be made the co-defendants. This legal document, among many others, indicates that infringement resulting from the edition and publication of unverified information and articles will incur legal liabilities. If the infringed party is willing to arm themselves with the law and provide concrete evidence in court, it's highly likely that the involved media will lose the case. Sun's landmark win is a moment of reckoning for the long-standing rumors floating around the internet. It is also a victory of the rule of law. The ruling has not only safeguarded the legitimate rights of Sun but also discouraged the spread of misinformation and disinformation. While pursuing newsworthy content is the common goal, journalism must adhere to professional ethics by ensuring facts are authentic and accurate. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of June 2024, it has over 239.72 million total user accounts on the blockchain, more than 7.91 billion total transactions, and over $20.60 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Hayward Wong press@tron.network Contact Details Hayward Wong press@tron.network Company Website https://trondao.org/

June 26, 2024 05:58 PM Eastern Daylight Time

News Release

Dino Decking Ltd Sets New Standards in Composite Decking: Financial Growth and Sustainability Milestones

Rev Up Marketers

Dino Decking Ltd, a leading figure in the composite decking industry since its establishment in 2017, proudly announces significant milestones in financial growth and environmental commitment. Financial Growth and Strategy As of June 2023, Dino Decking reports total assets valued at £7.64 million, with net assets reaching £5.29 million. These figures underscore the company's robust financial health and strategic market positioning. Commitment to Sustainability Dino Decking reaffirms its dedication to sustainability by employing recycled materials in its product lines. This eco-friendly approach not only meets global environmental standards but also addresses increasing consumer demand for sustainable building solutions. Market Leadership Recognized for their durability and innovative design, Dino Decking’s products have solidified its leadership in the market. The company continues to set industry benchmarks through its commitment to quality and customer satisfaction. Industry Acknowledgment Recently featured in the esteemed International Business Times, Dino Decking celebrates this recognition of its financial prowess and sustainable practices. Dino Decking acknowledged this recognition, emphasizes the company’s ongoing commitment to innovation and excellence. Investment Potential With a strong financial foundation and a proactive sustainability agenda, Dino Decking presents a compelling investment opportunity in the burgeoning market for eco-friendly construction materials. Investors are invited to capitalize on Dino Decking’s growth trajectory and leadership in the composite decking sector. About Dino Decking Ltd Established in 2017, Dino Decking Ltd has rapidly ascended to a leading position in the composite decking industry. Known for its innovative and durable products, the company proudly announces significant milestones in financial growth and environmental commitment. Contact Details Dino decking Ltd Richard George +44 1942 355968 support@dinodecking.co.uk Company Website https://www.dino.co.uk/

June 26, 2024 02:48 PM Eastern Daylight Time

CLUB UNDERDOG POWERED BY N6 ACQUIRES INTEREST IN FAST-GROWING SOCCER APPAREL AND SPORTSWEAR COMPANY DIAZA

Club Underdog

Club Underdog, a subsidiary of North Sixth Group, today announced it has reached an agreement in principle to acquire a significant ownership stake in fast-growing soccer apparel and sportswear company Diaza. Founded in 2018 by Colombian professional soccer player Diego Hurtado, Diaza has grown to become one of the most disruptive brands in the soccer apparel and sportswear industry. With its signature #DiazaMentality commitment to customer service, family and quality, Diaza currently outfits more than 500 professional, amateur and semi-professional clubs and youth academies in nearly a dozen countries across the United States, Europe and South America. “We have been impressed with Diaza’s growth under the leadership of Diego, and we share many of the same values as it relates to customer commitment and work ethic,” said Matt Rizzetta, Founding Partner and Chairman of North Sixth Group, parent company of Club Underdog. “We view this as a highly strategic acquisition which adds differentiation, innovation and accretive value to our portfolio of professional franchises and sports assets.” Under its Club Underdog subsidiary, North Sixth Group has a successful track record achieving sporting and business results for professional soccer clubs and franchises with rich tradition in strategic locations with high upside potential. “We are honored to be joining the Club Underdog family and to be a part of something bigger,” said Diego Hurtado, Founder and CEO of Diaza. “I founded this company six years ago with a vision to bring passion, commitment and relentless focus on the customer, which we felt was lacking from the larger apparel providers in the global soccer landscape. We believe the combination of Diaza’s experience in the apparel category along with Club Underdog’s track record owning and operating successful businesses inside and outside of sports, will be a winning combination that will pave the path for the future of how soccer apparel is worn and enjoyed by players and clubs across the world.” Partners in the ownership group include visionary entrepreneur Morgan Harris, media and sports expert Matt Rizzetta, and private equity industry veteran Daniel Hall. “Diego is a rare breed of entrepreneur that has the grit and determination to succeed in business today,” said Morgan Harris, Founding Partner and CEO of North Sixth Group, parent company of Club Underdog. “This aligns perfectly with the operating principles of Club Underdog and we are honored to have Diaza join us on our common vision to propel the social, commercial and competitive benefits of soccer forward both in the United States and abroad.” “We see several operational and financial synergies and value creation drivers by integrating Diaza into our Club Underdog platform of professional football assets,” said Daniel Hall, partner in Club Underdog. “By bringing Diaza into Club Underdog, we are able to add diversified revenue streams generated through merchandising offerings as well as bring in-house apparel production capabilities that are unique and differentiated from traditional sports ownership groups.” Representing North Sixth Group on the transaction were Simone Calzolai, Esq. in the European Union, and Dave Barry in the United States. Closing of the transaction is expected to occur within 30 days. ABOUT DIAZA Diaza is a term derived from Colombian tradition that signifies passion, endurance and effort. The brand was launched in 2018 and has since grown to outfit more than 500 professional clubs and youth academies across the world. With its signature #DiazaMentality approach to customer service, Diaza boasts a loyal following of thousands of players, coaches and clubs who rely on their apparel and sportswear products for world-class quality, personalization and comfort. ABOUT CLUB UNDERDOG POWERED BY N6 Club Underdog is a multi-club sports entity wholly owned and operated by North Sixth Group, a New York and Los Angeles-based family office operating company. Under its ownership are historic sports clubs and assets including Campobasso FC, Dagenham & Redbridge FC, and Brooklyn FC. North Sixth Group became one of the first foreign ownership groups in history to achieve back-to-back promotions with Italian side Campobasso FC, bringing the club from the fifth tier to Serie C in just two years. In 2023, the group also made history as the first ownership group to bring an expansion football franchise to the Borough of Brooklyn. Kicking off in USL Super League and USL Championship in 2024 and 2025 respectively, Brooklyn FC is one of the only sports franchises in the United States to include a professional men’s and women’s team under the same platform. Contact Details Club Underdog Zak Hawke +1 717-756-7536 zak.hawke@n6krma.com

June 26, 2024 01:27 PM Eastern Daylight Time

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DataWeave Appoints Retail Pricing Veteran Edward Salas as Senior Vice President of Retail Strategy

DataWeave

DataWeave, the leading provider of competitive intelligence and digital shelf analytics for retailers and consumer brands worldwide, announced the appointment of Edward (Eddy) Salas as Senior Vice President of Retail Strategy. This addition underscores DataWeave's commitment to delivering industry-leading competitive pricing intelligence tailored to the dynamic needs of retail pricing teams. Eddy brings over three decades of retail pricing and financial planning expertise, including an impressive 31-year tenure at H-E-B, Texas's premier food retailer. As the former Director of Pricing at H-E-B, Eddy mastered retail pricing systems, competitive data acquisition, and pricing intelligence solutions. His deep industry knowledge and experience will be instrumental in enhancing DataWeave’s product portfolio for retail clients. "I am thrilled to welcome Eddy to the DataWeave team," said Karthik Bettadapura, Co-founder and CEO of DataWeave. "Eddy’s substantive experience in retail pricing, coupled with his successful career at H-E-B, brings a unique and valuable perspective. His expertise will be crucial in refining our pricing intelligence solutions, providing our clients with deeper, actionable insights that drive tangible outcomes. I am confident Eddy’s passion for pricing and his strategic vision will drive innovation and deliver greater value to our retail customers." As retailers grapple with inflation and high interest rates globally, they face the challenge of catering to increasingly price-sensitive shoppers. Striking the right balance between price competitiveness, price image, and corporate profitability is more critical than ever. Retailers are increasingly turning to sophisticated pricing intelligence solutions like DataWeave to inform their pricing strategies. "The retail industry is navigating unprecedented price sensitivity among shoppers," said Eddy Salas. "In this challenging environment, DataWeave is committed to empowering retailers with the insights they need to stay competitive and meet consumer expectations. I am thrilled to join the exceptional DataWeave team and leverage my experience as a pricing practitioner to help our customers excel in their pricing journeys." About DataWeave DataWeave is an AI platform that enables retailers and consumer brands to accelerate sales growth and optimize marketing investments via comprehensive and granular market intelligence across all channels. By delivering advanced insights into pricing and assortment strategies and analyzing the digital shelf, DataWeave empowers businesses to optimize key performance indicators, including pricing, share of search, promotions, content, and availability, with an overlay of competitive and market intelligence. For more information about DataWeave and its offerings, visit www.dataweave.com. Contact Details DataWeave Shailendra Nagarajan +1 416-407-8892 press@dataweave.com

June 26, 2024 12:00 PM Eastern Daylight Time

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FeedSpot Recognizes Take Pride in Retirement Podcast as a Leading LGBTQ+ Voice for Pride Month 2024

Retirement.Radio

Retirement.Radio, a premier network dedicated to providing essential retirement planning information, announced today that its Take Pride in Retirement podcast has been recognized as a must-follow Pride-related podcast by FeedSpot, one of the web’s foremost aggregators of the “best of” across the internet. This recognition not only underscores the podcast’s commitment to sharing diverse voices and stories from the LGBTQ+ community but also highlights the importance of empowering and representing this community as it navigates its unique challenges during the golden years of retirement. “I am humbled and honored to receive this recognition,” said Matt McClure, founder and host of Take Pride in Retirement. “I started Take Pride in Retirement because I saw a need in my community for retirement planning, education, and assistance. Knowing that the podcast is reaching its intended audience and making a difference in their lives is extremely fulfilling.” The Take Pride in Retirement Podcast, a one-of-a-kind platform, focuses on financial issues relevant to the LGBTQ+ community. It has had the privilege of hosting distinguished guests such as Gabrielle Claiborne, Co-Founder and CEO of Transformation Journeys Worldwide, who has shared invaluable insights on the unique challenges the trans community faces in retirement planning. The podcast has also featured Katie Leikam, a licensed therapist, who has underscored the importance of living wills and estate plans for the LGBTQ+ community. These unique and insightful perspectives testify to the podcast's importance and relevance. Matt reiterates in every episode that the Take Pride in Retirement Podcast remains steadfast in its mission that everyone, regardless of their background, identity, or who they love, deserves a retirement they can be proud of. This commitment to diversity and inclusivity is at the heart of our podcast. It is a testament to our dedication to ensuring that all voices are heard, and all needs are met, making our audience feel valued and included. “The Retirement.Radio team is deeply committed to amplifying these crucial conversations on our radio shows and affiliated podcasts,” said Sam Davis, executive producer for Retirement.Radio. “Our unwavering mission is to provide essential information, ensuring that every senior citizen and retiree, regardless of their background or identity, has the information they need to navigate retirement confidently and clearly. This recognition by FeedSpot is a testament to our dedication to inclusivity and our ongoing efforts to serve all communities.” FeedSpot’s ranking of the Best Pride Podcasts results from a rigorous evaluation considering podcast popularity, content quality, update frequency, and audience engagement. This recognition places the Take Pride in Retirement podcast in an exclusive league of content creators leading the way in celebrating and advocating for LGBTQ+ rights and stories. Other podcasts are available through the Retirement.Radio Network, including the Peak Financial Freedom Hour, Retirement Results, Guaranteeing Your Retirement, and the Federal Retirement Show. For more information, visit TakePrideInRetirement.com and subscribe to the show wherever you listen to podcast. ### About Take Pride in Retirement Take Pride in Retirement is Retirement.Radio podcast dedicated to retirement planning solutions for the LGBTQ community. During uncertain economic times, the safety of your principal is critical to planning a successful retirement. Our goal is to help educate you about ways to protect your hard-earned money while experiencing market-like growth at the same time. LGBTQ people face unique challenges when planning for their retirement future. Everyone's situation differs from legal barriers to a potential lack of family support. Tune in each week as we explore these obstacles and give you tips on overcoming them so you can get on the road to success. For more information, visit TakePrideInRetirement.com and subscribe to the show wherever you listen to podcasts. About Retirement.Radio Retirement.Radio is dedicated to providing essential retirement planning information to listeners across the United States. Our licensed financial professionals and insurance agents host weekly radio shows and podcasts, offering expert advice on various topics, including smart tax planning, retirement income strategies, and health care planning. Retirement.Radio is powered by national insurance distribution and marketing leader AmeriLife and features wide-reaching and impactful broadcasts. Our commitment is to help listeners invest wisely, plan effectively, and achieve successful retirement outcomes. Contact Details Retirement.Radio Sam Davis sdavis@amerilife.com Company Website https://retirement.radio/

June 26, 2024 11:00 AM Eastern Daylight Time

News Release

Kodiak Copper's ESG efforts rewarded with 'AA' rating from Digbee

Kodiak Copper Corp

Kodiak Copper president and CEO Claudia Tornquist and Digbee Limited's founder and CEO Jamie Strauss discussed Kodiak's recent achievement of a AA rating from Digbee with Proactive's Stephen Gunnion. This upgrade, from an A rating, places Kodiak at the top of the leaderboard for exploration companies in the Digbee universe. Tornquist highlighted the strategic and communicative benefits of the Digbee assessment, emphasising its role in enhancing internal discipline, environmental, community, and governance work, and providing reassurance to investors and communities. She noted that this work mitigates risks early in the exploration stage, which is crucial for future mine development. Tornquist outlined Kodiak's goals for the next 12 months, focusing on reducing carbon footprint through initiatives like using biodiesel and hybrid trucks. She emphasised that these small steps collectively improve environmental performance and increase the probability of successful mine development. Strauss praised Kodiak's efforts and noted the importance of sustainability in the evolving landscape. He stressed the need for the mining sector to engage with younger generations entering the industry and to provide tools that enhance confidence and trust. Strauss mentioned that Digbee's third-party assessments play a critical role in supporting transparency and continuous improvement in the mining sector. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

June 26, 2024 10:40 AM Eastern Daylight Time

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Lancaster Resources Announces Exploration Plans for Catley Lake & Centennial East Uranium Properties

Lancaster Resources Inc

Lancaster Resources Vice President of Engineering Andrew Watson joined Steve Darling from Proactive to discuss the company's upcoming exploration plans for its uranium-prospective Catley Lake and Centennial East properties in the Athabasca Basin of Saskatchewan, Canada. These properties, covering approximately 8,117 hectares, are strategically located adjacent to Cameco's Centennial deposit claims. Watson outlined that the company's initial plans include detailed surface outcrop mapping using hyperspectral data to identify vegetation stress indicative of subsurface uranium. The exploration efforts will also involve acquiring high-resolution optical imagery and purchasing corrected imagery for hyperspectral analysis. The results from the hyperspectral imaging (HSI) will be used to prioritize and focus follow-up field geology, geochemical sampling, and geophysics programs. These follow-up programs will concentrate on areas identified by the HSI that show positive indications for uranium. Upon completion of the fieldwork and geophysics program, target locations will be identified for an initial drilling program planned for Q4 2024. This comprehensive exploration approach underscores Lancaster Resources' commitment to advancing its uranium prospects in the highly prospective Athabasca Basin, aiming to uncover substantial uranium resources adjacent to known deposits. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

June 26, 2024 10:36 AM Eastern Daylight Time

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News Release

NanoViricides Reports Promising Results for NV-387 in Influenza A H3N2 Mouse Model

Nanoviricides Inc

NanoViricides CEO Dr Anil Diwan joined Steve Darling from Proactive to share promising news about the company's ultra-broad-spectrum antiviral, NV-387. The antiviral was found to be effective in protecting lungs from damage in a lethally infected Influenza A H3N2 mouse model. Dr. Diwan explained that the lung protection provided by NV-387 is particularly important, as severe cases of respiratory viral infections, which often lead to hospitalization and fatalities, typically involve extensive lung damage. In the study, NV-387 oral treatment resulted in only about 31% lung infiltration by immune system cells, while NV-387 intravenous treatment showed an even lower infiltration rate of about 22%. In comparison, the lungs of infected untreated animals exhibited a high infiltration rate of 68%. These findings indicate that NV-387 significantly protects the lungs of Balb/c mice lethally infected with the Influenza A H3N2 virus. Moreover, NV-387 treatment resulted in a significantly greater survival improvement compared to three approved influenza drugs. This remarkable outcome highlights the potential of NV-387 as a powerful therapeutic option for treating severe influenza infections and possibly other respiratory viral infections. Further, in this study, NV-387 was also found to protect the lungs of the infected animals from viral damage as well as immune system damage, supporting a strong antiviral effect. These results have arrived just as the bird flu H5N1 threat potential has increased significantly due to its spread into several mammalian species. While dairy cattle have suffered relatively mild infections, some other mammals, particularly cats on farms, have died of brain infection with this virus. Only four human cases have occurred so far, with one person dying in Mexico, while the three other cases, all in the USA, have recovered. This highlights the urgency and potential impact of NV-387 in addressing not only current viral threats but also emerging ones, making it a critical development in the field of antiviral therapies. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

June 26, 2024 10:34 AM Eastern Daylight Time

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