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Torr Metals Expands Kolos Copper-Gold Project by 75% and Prepares for 2024 Field Season

Torr Metals

Torr Metals CEO Malcolm Dorsey joined Steve Darling from Proactive to announce a significant expansion of the Kolos Copper-Gold Project. Through strategic staking, Torr Metals has increased the project area by 75%, growing from approximately 140 km² to 240 km². This expansion focuses on the northern area of the project, following the extension of the north-trending Fanta Fault. This fault has been identified by the company as a major structural control on copper and gold mineralization in the region. Dorsey also shared that, in conjunction with the project expansion, the company has mobilized a field team in preparation for the upcoming 2024 field season. The team will conduct early reconnaissance at multiple newly identified exploration targets, including a newly discovered mineralized outcrop in the Vik Zone. This proactive approach aims to identify and assess the potential of these targets to expand the resource base and enhance the project's overall value. The Vik Zone outcrop is the first new mineralized rock exposure identified and sampled by Torr Metals within an area that had been recognized as a potential source for anomalous historical silt samples. A rock grab sample taken in 2023 from this outcrop yielded 379 parts per million (ppm) copper (Cu) and 238 ppm molybdenum (Mo). This outcrop is located near a high resistivity ZTEM anomaly, which is interpreted as a potential source intrusion for the mineralization. This anomaly will be one of the key exploration targets for early reconnaissance in 2024. Dorsey emphasized the importance of these new findings, stating that the expansion and identification of new targets significantly enhance the potential of the Kolos Copper-Gold Project. The company's focus on systematic exploration and early-stage reconnaissance aims to uncover additional high-value mineral resources, contributing to the project's growth and development. Looking ahead, Torr Metals is committed to advancing the Kolos Copper-Gold Project through a combination of strategic expansion, rigorous exploration, and efficient resource development. The upcoming 2024 field season will play a crucial role in assessing the newly identified targets and further delineating the mineral potential of the expanded project area. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

May 29, 2024 01:28 PM Eastern Daylight Time

Video

Nevis Brands Expands Major Brand with Launch of Gummies in Washington State

Nevis Brands

Nevis Brands CEO John Kueber joined Steve Darling from Proactive to announce the exciting expansion of the Major brand from beverages to gummies. Major Gummies will be offered in 100mg packages, containing ten 10mg gummies per package. Notably, these gummies are the only ones in the Washington market to utilize SoRSE emulsion, the same innovative ingredient used in Major beverages, which allows for improved taste and rapid onset. The flavors of Major Gummies will be consistent with the beverage line and will initially be available in Orange Mango and Blue Raspberry. Kueber explained that Nevis' licensee for Major in Washington State has completed its initial round of production, with initial sales set to begin in the first week of June. This timely launch positions Major Gummies to make a significant impact on Q3 financial results. According to the Imarc Group, a research firm, the cannabis edibles market is estimated to be approximately $3.4 billion, indicating substantial market potential for Major Gummies. The introduction of gummies represents a strategic expansion for the Major brand, leveraging the success and consumer trust built through its beverage line. The use of SoRSE emulsion ensures that the gummies will deliver a consistent, high-quality experience with a rapid onset, a key differentiator in the competitive cannabis edibles market. Kueber emphasized that the new product aligns with Nevis Brands' commitment to innovation and quality. By maintaining the flavor profiles and effective delivery system that customers expect from Major beverages, the company aims to capture a significant share of the growing edibles market. The initial focus on Orange Mango and Blue Raspberry flavors highlights the brand's strategy to offer familiar and popular tastes to its consumers. Looking ahead, Nevis Brands plans to expand the distribution of Major Gummies beyond Washington State, exploring opportunities in other markets to further enhance its footprint in the cannabis industry. The successful launch and anticipated positive reception of Major Gummies could pave the way for additional product lines and continued growth. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

May 29, 2024 12:25 PM Eastern Daylight Time

Video

News Release

Altiplano Metals CEO Discusses Expansion Plans Amid Strong Copper and Gold Markets

Altiplano Metals

Altiplano Metals CEO Alastair McIntyre joined Steve Darling from Proactive to discuss the latest results from the company's underground and surface channel sampling at the Santa Beatriz Copper-Gold-Iron Project. The recent sampling efforts confirmed high-grade copper-gold mineralization within the Santa Beatriz vein complex. In total, 98 samples were collected, completing 37 sampling channels, providing substantial data on the vein’s mineral content. McIntyre highlighted the significant potential for further developing Santa Beatriz to enhance its production of copper, gold, and iron. Currently, the mine operates under a permit allowing for 3,000 tonnes per month (tpm), but the company plans to apply for an increase to 5,000 tpm through the appropriate mining authorities. The Santa Beatriz Mine is strategically located just 2 kilometers from Altiplano’s existing Farellon Copper-Gold-Iron Mine operation and 13 kilometers from the El Peñón processing plant near La Serena, Chile. Both the Santa Beatriz and Farellon mines are iron oxide copper-gold (IOCG) deposits situated within Chile's copper-rich IOCG belt, which is associated with the Atacama Fault zone. Looking ahead, Altiplano Metals has several strategic initiatives planned. The company aims to report financial and productivity improvements from its mill operations, continue the underground development at Farellon, and explore further opportunities at Santa Beatriz. With the copper and gold markets performing strongly, these efforts are expected to enhance Altiplano's growth and profitability. Moreover, Altiplano is committed to expanding its asset base while focusing on shareholder returns and maintaining strong environmental, social, and governance (ESG) practices. The company’s strategy includes not only increasing production capacity but also ensuring sustainable and responsible mining practices that align with global ESG standards. McIntyre expressed optimism about the future, noting that the confirmed high-grade mineralization at Santa Beatriz and the potential for increased production capacity present significant opportunities for the company. By leveraging these assets and the favorable market conditions for copper and gold, Altiplano is well-positioned to deliver robust growth and value to its shareholders. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

May 29, 2024 11:25 AM Eastern Daylight Time

Video

Kodal Minerals CEO Provides Update on Bougouni Lithium Project Development

Kodal Minerals PLC

Kodal Minerals CEO Bernard Aylward joined Steve Darling from Proactive to provide an update on the project development activities at the Bougouni Lithium Project in Southern Mali. The project is fully funded following the completion of a $117.5 million funding transaction. The company reports that the manufacture of the DMS processing plant and crushing circuit is progressing as scheduled, with equipment shipping from China to West Africa expected to begin in early June. Initial shipping of structural steelwork to the project site is also anticipated in June. Aylward mentioned that a consortium of mining contractors has been mobilized to Bougouni, with site clearing completed ahead of plant construction, which is due to commence in early June. Civil construction contracts have been awarded and are set to start in early June. Additionally, resource definition and extension drilling are continuing at the project's Boumou prospect, located within the granted mining license. Geological logging of the drill holes indicates continuity of the pegmatite bodies over a strike length of 970 meters. All assay results for the drilling are pending, with 2,128 samples awaiting testing by ALS Global laboratories. The first production of the Bougouni Stage 1 DMS, with a total output of 125,000 tonnes per annum, is on schedule for Q4 2024 and remains within the capital expenditure guidance of $65 million. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 29, 2024 10:45 AM Eastern Daylight Time

Video

News Release

Super League Enterprises Reports Strong Q1 2024 Financials, Expands Marketing via Gaming Platforms

Super League Enterprise Inc

Super League Enterprises CEO Ann Hand joined Steve Darling from Proactive to share the company's impressive first-quarter 2024 financial results. Super League generated solid revenue of $4.2 million, marking a 27% increase compared to the same quarter last year and aligning with consensus forecasts. Hand noted that the first-quarter revenues also reflected the typical seasonality the company experiences at the start of the year. Super League remains focused on accelerating its path to profitability through more aggressive productization, which the company expects to drive up margins in the second half of the year. Hand emphasized the importance of this strategic focus, as it positions the company to maximize revenue potential and improve financial performance in the coming quarters. Super League leverages popular gaming platforms like Roblox, Fortnite, and Minecraft to create marketing channels aimed at Generation Z and Alpha audiences. These platforms are viewed as the next generation of social media, offering brands innovative ways to engage with young audiences through 3D engagement and personalized experiences. Super League primarily targets Roblox due to its large user base, especially among users under 18 years old, but also utilizes platforms like Fortnite to reach older audiences. The company's strategy includes segmenting audiences within these gaming platforms to tailor experiences to specific interests. For example, Super League can target different games within Roblox to appeal to varied user preferences, enhancing the effectiveness of marketing campaigns. This segmentation approach allows brands to reach their desired demographics more precisely, resulting in higher engagement and conversion rates. Recent partnerships have further demonstrated Super League's ability to drive both engagement and sales for major brands. Collaborations with companies like Skechers, Kraft Lunchables, and Chipotle have yielded successful outcomes. Notably, a Chipotle campaign resulted in 130,000 burritos given away in just 30 minutes, setting a record day for app downloads and digital sales. These partnerships highlight Super League's capacity to create impactful marketing initiatives that resonate with young consumers. Hand also discussed the company's ongoing efforts to expand its portfolio of partnerships and enhance its marketing capabilities. By leveraging the immersive nature of gaming platforms, Super League provides brands with unique opportunities to connect with their target audiences in meaningful ways. This approach not only drives brand awareness but also fosters deeper customer loyalty and engagement. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

May 29, 2024 10:43 AM Eastern Daylight Time

Video

Greenwing Resources unveils 1.07 million tonnes lithium resource at San Jorge

Greenwing Resources Ltd

Greenwing Resources Ltd (ASX:GW1) executive director Peter Wright joins Proactive’s Jonathan Jackson to discuss the company’s San Jorge Lithium Project in Argentina and in particular its maiden mineral resource estimate. The company has calculated 670,000 tonnes of indicated resources and 400,000 tonnes of inferred resources, totalling 1.07 million tonnes of lithium carbonate equivalent (LCE). Laboratory and downhole geophysics (BMR) measurements indicate positive specific yield porosity values averaging 7.4% in the volcanics and sediments. Drilling on the western side of the salar revealed brine mineralisation at depths of 402 and 351 metres in holes SJDD04 and SJDD05, respectively. Further studies suggest the brine body extends to the north and west of the current resource. Greenwing is planning a Phase 2 drilling and testing program to expand the resource footprint and advance process testing. The initial 6-hole drill program targeted the peripheries of the 2,800-hectare salar, with infill drilling planned for the highly prospective salar as part of the follow-up program. Anthon highlighted the significance of the maiden resource estimate achieved through the initial 6-hole program, emphasising the rapid development of the project. The company will also initiate a Preliminary Economic Assessment (PEA) to evaluate the project's development options, including different processing technologies and energy alternatives. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

May 29, 2024 10:15 AM Eastern Daylight Time

Video

PureFacts Financial Solutions Selects BridgeFT’s WealthTech API to Enhance Data Infrastructure for End-to-End Revenue Platform

BridgeFT

PureFacts Financial Solutions, a leader in revenue management, fees calculation, incentive compensation and insights for the asset and wealth management sector, announced today it has selected BridgeFT ’s WealthTech API to aggregate total wealth data to power and enhance PureFacts’s award-winning software for end-to-end revenue management. Through this partnership, PureFacts will leverage BridgeFT’s WealthTech API data infrastructure platform to: Secure efficient, direct access to normalized, accurate multi-custodial client and investment account data. Leverage that data to onboard and upgrade clients faster and more easily. Enrich data for enhanced AI and analytics BridgeFT capabilities will further support PureFacts in connection with its new partnership with BNY|Mellon’s PershingX, which recently announced that it has selected PureFacts to provide billing, fee reporting, advanced revenue management, incentive compensation and sales performance for its new wealth management platform, Wove. “We are committed to helping wealth management firms grow and succeed,” said PureFacts Chief Executive Officer Robert Madej. “As a global WealthTech company, we rely on clean, high-quality data to drive accelerated growth in new markets. Our partnership with BridgeFT will allow us to better service our clients while also streamlining and capturing data on their behalf more effectively.” BridgeFT is a cloud-native, API-first wealth infrastructure software company that enables financial institutions, fintech innovators and registered investment advisors (RIAs) to deliver better, data-driven outcomes for their clients. Its WealthTech API is the industry’s first WealthTech-as-a-Service platform, offering a single, open API to AI and analytics-ready, multi-custodial data aggregation, advanced analytics, and application services. WealthTech API removes the need for individual data feeds from a range of custodians and back-office providers, allowing wealth management firms and technology companies to create differentiated, next-generation wealth management applications. “PureFacts continues to break new ground for wealth and asset managers by fundamentally rethinking the complete revenue management lifecycle in order to increase revenue certainty and improve operational efficiencies through their best-in-class technology,” said Joe Stensland, Chief Executive Officer of BridgeFT. “We are thrilled to partner with the PureFacts team to enable streamlined access to critical client and investment account data that is foundational to integrating and automating the revenue process across the enterprise. Together, PureFacts and BridgeFT offer a unique combination of capabilities and expertise to help financial institutions and their teams achieve better business outcomes.” To learn more about this partnership, stop by the PureFacts Booth #617 at the 2024 BNY|Mellon Pershing iNSITE Conference from June 4-6, 2024, in Nashville, Tennessee. About PureFacts Financial Solutions Inc. PureFacts Financial Solutions is an award-winning provider of End-to-End Revenue Management solutions for the investment industry. PureFacts helps some of the largest and most recognizable wealth management, asset management and asset servicing firms manage and grow their revenues. The PureRevenue Platform enables scalable revenue management by powering the entire revenue lifecycle. Firms calculate, collect, distribute, incentivize and optimize their revenues using PureFacts AI-enriched fees engine, incentive compensation application and compelling revenue business intelligence powered by a single system of record for revenue management. PureFacts’ customers outperform by retaining more clients, delivering incremental value, improving productivity, properly incentivizing advisors and distributors, preventing costly mistakes and finding optimization opportunities. With offices in Canada, the USA, and Europe, PureFacts has been recognized for its innovation and excellence including selections to the WealthTech100, AIFinTech100, and ESGFinTech100 awards. Drive revenues. Eliminate leakages. Increase growth velocity. Learn more at www.purefacts.com About BridgeFT BridgeFT is a cloud-native, API-first wealth infrastructure software company that enables financial institutions, FinTech innovators, TAMPs, and registered investment advisors to deliver better, data-driven outcomes for their clients. Our WealthTech-as-a-Service platform, WealthTech API, makes wealth management technology better by accelerating, simplifying and reducing the cost of app development and maintenance, so our clients can focus on delivering next generation wealth management applications and unique digital experiences that amplify their differentiators. Leading financial services firms and technology companies trust BridgeFT to power their digital wealth management ecosystems and automate critical back-office operations seamlessly aligning multi-custodial data aggregation, advanced analytics and reporting, and application services to deliver truly personalized client experiences. For more information, visit bridgeft.com. Contact Details Media Inquiries For BridgeFT media@bridgeft.com For PureFacts Financial Solutions Inc. Martin Carignan, SVP Sales martin.carignan@purefacts.com Company Website https://www.bridgeft.com/

May 29, 2024 10:00 AM Eastern Daylight Time

OCEAN establece un centro global en El Salvador

Bitcoin Ocean,LLC

San Salvador, SV, 29 de mayo de 2024 – OCEAN [ enlace ], el grupo de minería de Bitcoin respaldado por Jack Dorsey y liderado por el veterano desarrollador de Bitcoin Core, Luke Dashjr, anunció hoy que ha formado una entidad en El Salvador, que funcionará como el centro internacional de desarrollo empresarial de la compañía. OCEAN MINING S.A. de C.V tendrá su sede en la capital, San Salvador, y planea utilizar este centro para continuar avanzando en la descentralización de la minería de Bitcoin en todo el mundo. El cofundador y CTO (director técnico) de OCEAN, Luke Dashjr, quien a principios de este año habló con estudiantes universitarios en el programa CUBO+ de San Salvador, comentó: «El Salvador está a la vanguardia en la adopción de Bitcoin y la minería de Bitcoin, y creemos que la presencia de OCEAN aquí ayudará a avanzar en estos esfuerzos y crear nuevas oportunidades tanto en El Salvador como en otros lugares». El presidente de OCEAN, Mark Artymko, agregó: «Para impulsar nuestros esfuerzos de descentralización necesitábamos una presencia global, y El Salvador fue la elección obvia. Con lugares como Venezuela y la UE imponiendo legislación para prohibir la minería de Bitcoin, la postura política de El Salvador fue un marcado contraste y un faro de esperanza para la industria». El Salvador se ha ganado el prestigioso título de «País Bitcoin» como resultado de su decisión no solo de hacer del Bitcoin moneda de curso legal en 2021, sino también de mantenerse firme en su compromiso únicamente con Bitcoin. De hecho, es en gran parte gracias a este título de País Bitcoin que OCEAN, el único grupo de minería enfocado exclusivamente en Bitcoin, está interesado en establecer una presencia en el país para diferenciarse de otros grupos de minería más enfocados en criptomonedas. Stacy Herbert, de la Oficina de Bitcoin de El Salvador, dio la bienvenida a la noticia de OCEAN, diciendo: «Esta decisión del equipo de OCEAN Mining reafirma que la cultura de Bitcoin que estamos construyendo en El Salvador está proporcionando las herramientas que los emprendedores de todo el mundo necesitan para prosperar en una economía Bitcoin. Damos la bienvenida a OCEAN y a todas las demás empresas que trabajan para avanzar la adopción de Bitcoin». Hablando sobre los próximos planes de descentralización de OCEAN, Bitcoin Mechanic, Jefe Global de Ventas de OCEAN, dijo: «Stratum V2 es solo el comienzo. Para nosotros, va mucho más allá y se trata de cambiar el equilibrio de poder de unos pocos grupos y acercar a los mineros de todos los tamaños al núcleo de Bitcoin. Llevar estas características al mercado desde nuestro nuevo centro global en El Salvador garantizará el máximo alcance y adopción en un entorno regulatorio seguro». OCEAN Mining dijo que espera proporcionar recursos para continuar con la educación y el desarrollo de las comunidades Bitcoin en El Salvador, incluyendo lugares como El Zonte, comúnmente conocido como “Bitcoin Beach”, que han prosperado gracias a sus economías circulares orgánicas. Acerca de OCEAN: OCEAN está liderando la carga hacia la descentralización en la minería de Bitcoin al empoderar a los mineros para que retomen el control de las partes inteligentes de la minería. OCEAN es no custodial, transparente y sin permisos. Contacto de prensa: media@ocean.sv OCEAN.SV is owned and operated by OCEAN MINING, Sociedad Anónima de Capital Variable, San Salvador, El Salvador. Contact Details OCEAN MINING, Sociedad Anónima de Capital Variable Ian A. Northon +503 2113 3127 media@ocean.sv Company Website https://www.OCEAN.sv

May 29, 2024 10:00 AM Eastern Daylight Time

OCEAN establishes global hub in El Salvador

Bitcoin Ocean,LLC

San Salvador, SV, May 29, 2024 – OCEAN [ link ], the Bitcoin mining pool backed by Jack Dorsey and spearheaded by longtime Bitcoin Core developer Luke Dashjr, announced today that it has formed an entity in El Salvador, which will function as the company’s international hub of business development. OCEAN MINING S.A. de C.V will be headquartered in the capital city of San Salvador, and plans to use this hub to continue the advancement of decentralization of Bitcoin mining across the globe. OCEAN’s co-founder and CTO Luke Dashjr, who earlier this year spoke to university students at the San Salvador CUBO+ program, commented: “El Salvador is on the leading edge of Bitcoin and Bitcoin mining adoption, and we believe OCEAN’s presence here will help to advance these efforts here and create new opportunities for El Salvador and elsewhere.” OCEAN’s President Mark Artymko added, “To further our decentralization efforts we needed a global presence, and El Salvador was the obvious choice. With places like Venezuela and the EU imposing legislation to ban Bitcoin mining, El Salvador’s political stance was in stark contrast and a beacon of hope for the industry.” El Salvador has earned itself the esteemed title of “Bitcoin Country'' as a result of its decision to not only make Bitcoin legal tender in 2021 but also in remaining steadfast in their commitment to Bitcoin only. It is, in fact, in large part because of the Bitcoin Country brand that OCEAN, the only mining pool focused exclusively on Bitcoin, is interested in establishing a presence in the country so as to differentiate themselves from other more crypto focused mining pools. Stacy Herbert of El Salvador’s Bitcoin Office welcomed the news by OCEAN, saying, “This decision by the OCEAN Mining team reaffirms that the Bitcoin-first culture we are building in El Salvador is providing the tools that entrepreneurs around the world need to thrive in a Bitcoin economy. We welcome OCEAN and all other companies working to advance Bitcoin adoption.” Speaking to OCEAN’s upcoming plans for decentralization, Bitcoin Mechanic, Global Head of Sales at OCEAN, said, “Stratum V2 is just the start. For us it goes much deeper and is about shifting the balance of power away from a handful of pools and bringing miners of all sizes closer to the nucleus of Bitcoin. Bringing these features to market from our new global hub in El Salvador will ensure maximum reach and adoption in a safe regulatory environment.” OCEAN Mining said that it is looking forward to providing resources to continue the education and development of Bitcoin communities in El Salvador, including places like El Zonte, commonly known as “Bitcoin Beach”, which have prospered thanks to their organic circular economies. About OCEAN: OCEAN is leading the charge to decentralization in Bitcoin Mining by empowering miners to take back control of the intelligent parts of mining. OCEAN is non-custodial, transparent, and permissionless. OCEAN.SV is owned and operated by OCEAN.SV is owned and operated by OCEAN MINING, Sociedad Anónima de Capital Variable, El Salvador OCEAN MINING, S.A. de C.V., San Salvador, El Salvador Contact Details OCEAN MINING, SA de CV Ian A. Northon +503 2113 3127 media@ocean.xyz Company Website https://www.OCEAN.sv

May 29, 2024 10:00 AM Eastern Daylight Time

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