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West Red Lake Gold CFO Harpreet Dhaliwal Explains Exactly How the Gold-Linked Notes Work

West Red Lake Gold Mines Ltd.

April 15, 2024 – The Newswire – Global Stocks News – In a press release dated April 4, 2024, West Red Lake Gold Mines (TSXV:WRLG) (OTC:WRLGF) announced that it has closed a second and final tranche of its private placement of gold linked notes, bringing the total value of notes issued to US$27,165,631, equivalent to about $37 million CAD. “Gold-linked Notes (GLNs) are a type of equity-based structured note,” states DBS Treasures, “Similar to Equity Linked Notes (ELNs), except the underlying [asset] is gold, rather than stocks.” Each Offering Unit contains notes worth USD $1,000 and 710 warrants. Each warrant entitles the holder to purchase one share of WRLG at C$0.95 until March 19, 2029. “The Notes represent unsecured obligations of the Company, bear a 12% per annum coupon, calculated and payable quarterly in arrears, and will mature on December 31, 2029,” states WRLG. “The gold-linked notes are an unusual but innovative financing structure,” WRLG CFO Harpreet Dhaliwal told Guy Bennett, CEO of Global Stocks News (GSN). “The key advantage of this structure is that in depressed equity markets it allows us to raise money with minimum share dilution.” “We evaluated 4-5 different financing options,” continued Dhaliwal. “And found the gold-linked notes to be the best option for our existing shareholders. Shane Williams, our CEO and I personally invested in the gold-linked notes.” Dhaliwal explained to GSN that for the next two years, the gold-linked note holders will receive 12% interest per annum, about 280% higher than the yield on a Canada 2-year government bond. As the debt repayment begins on March 31, 2026, gold-linked note holders will continue to be paid 12% per annum on the remaining balance, until it is paid off on December 21, 2029. “With the gold-linked notes,” Dhaliwal continued, “You have five years expiry on the warrants. Our share price has risen about 27% since we closed the first tranche of gold-linked notes of March 20, 2024, to 94 cents. If West Red Lake Gold share price rises, say another 40% in the next five years, to $1.31, the warrants will be an additional significant sweetener”. “If the gold price drops to $1,600/ounce you will still get the $1,800 minimum,” stated Dhaliwal. “So, there’s protection there. But if the gold price stays at $2,300, where it is now. That’s a delta of $500/ounce, which goes into the pocket of the investor. That’s a 27% premium, in addition to the 12% interest, and the.95 warrants.” Click Image To View Full Size WRLG Gold-linked Notes Transaction Highlights Gold placed in escrow into a gold trust account Beginning March 31, 2026, principal reduced on a quarterly basis. Final payment on December 31, 2029. Notes will amortize based on a gold floor price of US$1,800/ounce. Excess proceeds (spot price - floor price) paid to investors as a premium. The company’s flagship asset - The Madsen Gold Mine – is fully permitted, with a brand-new 800+ tonne per day mill, a tailings and water treatment facility. [ 1 ] On April 9, 2024 WRLG announced the arrival of a second underground diamond drill at the Madsen Mine. “The addition of a second underground drill at Madsen will expedite our efforts in de-risking the resource and building a runway of high-confidence mineable inventory that will be critical during restart of mining operations,” stated Shane Williams, WRLG President & CEO.” Previously announced highlights on the North and South Austin drilling can be viewed at the following links: West Red Lake Gold Intersects 27.15 g/t Au over 10.28m and 22.31g/t Au over 8.5m at North Austin Zone – Madsen Mine (November 21, 2023) West Red Lake Gold Intersects 47.44 g/t Au over 3.2m, 21.64 g/t Au over 7m and 296.83 g/t Au over 1m at South Austin Zone – Madsen Mine (December 5, 2023) West Red Lake Gold Intersects 9.15 g/t Au over 3.3m and 10.66 g/t Au over 2.6m at North Austin Zone – Madsen Mine (February 7, 2024) West Red Lake Gold Intersects 25.12 g/t Au over 5.5m, 39.46 g/t Au over 2m and 18.60 g/t Au over 4m at South Austin Zone – Madsen Mine (March 4, 2024) Click Image To View Full Size “There were three good reasons to buy these gold-linked notes,” stated Dhaliwal. “1. You want the 12% return on your capital investment. 2. You believe the stock price of WRLG will rise above.95 cents and 3. You believe the spot price of gold will rise.” “I’m an employee of WRLG, so my opinion is biased,” Dhaliwal concluded. “But, as an investor, it was not a difficult decision for me to participate in the gold-linked notes.” References: SRK Consulting. (2021). Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada (West Red Lake Gold Mines, Ed.) [Review of Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada. Contact: guy.bennett@globalstocksnews.com Full Disclaimer

April 15, 2024 09:00 AM Eastern Daylight Time

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Bitdeer Releases Full-Year Results For 2023 – Revenue Up And Forecast For Continued Growth

Benzinga

By Austin DeNoce, Benzinga Bitdeer Technologies Group (NASDAQ: BTDR), a leader in Bitcoin mining and high-performance computing, reported its financial results for the full year ending December 31, 2023. Overall, the company showcased both growth and challenges in a market notorious for its volatility and capital intensity. With that in mind, and as competition in the space heats up, identifying the outliers capable of long-term growth is going to be critical. Here is a simplified breakdown of Bitdeer’s 2023 performance and what investors need to know going forward. Financial Performance Revenue Growth: Bitdeer’s total revenue increased to $368.6 million in 2023, up from $333.3 million in 2022. The company reports that this 10.6% growth reflects healthy growth in its operations driven primarily by its self-mining and hosting services. Net Loss Reduction: Bitdeer managed to reduce its net loss from $60.4 million in 2022 to $56.7 million in 2023. Despite still operating at a loss, the reduction indicates some level of financial improvement as it gradually balances growth with efficiency. However, it should be noted that Bitdeer incurred expenses for going public, including a $33M one-time listing fee, meaning the year-over-year improvements were even better. Adjusted Profit and EBITDA: While Bitdeer’s adjusted profit declined from $30.3 million in 2022 to $22 million in 2023, its adjusted EBITDA rose to $100.3 million from $93.2 million. Unlike competitors including Marathon Digital (NASDAQ: MARA) and Riot Platforms (NASDAQ: RIOT), Bitdeer doesn’t hold bitcoins on its balance sheet, meaning its Adjusted EBITDA doesn’t include mark-to-market adjustments for the value of Bitcoin. If you remove these adjustments across its peers’ results and compare pro-forma Adjusted EBITDA, Bitdeer reports it had the highest 2023 adjusted EBITDA in the industry. Strong Cash Position: With cash and cash equivalents sitting at $144.7 million as of the end of 2023, Bitdeer appears to be in a solid liquidity position to support its operations and expansion plans. Strategic Achievements And Future Plans In 2023, Bitdeer achieved a significant milestone by mining 3,694 bitcoins, a 74.8% increase over the previous year. This feat was largely made possible through its expanded self-mining capacity from the energization of its Gedu data center in Bhutan as part of its ongoing efforts to diversify and grow its global mining operations. This accomplishment also coincided with notable technological advancements, including the successful testing of its first proprietary Bitcoin mining chip, the 4nm SEAL01, If nothing else, these developments are a testament to Bitdeer's leadership in mining technology innovation. Additionally, the company embarked on substantial infrastructure expansions in Norway and Ohio, as well as deployed an NVIDIA DGX SuperPOD H100 system. By operating across three main business lines – self-mining, hash rate sharing (with a focus on Cloud Hash Rate) and offering comprehensive hosting solutions – Bitdeer has broadened its reach within the Bitcoin mining market. Moreover, Bitdeer has allocated 25% of its workforce to R&D, showcasing a commitment to diversification and capturing new market opportunities. Other Key Developments Early this year, Bitdeer underwent a significant leadership change when its founder, Jihan Wu, stepped into the CEO role. That signaled a pivotal shift toward enhancing the company's growth and innovative capabilities, especially in the chip development space. Further underlining its ambitious trajectory, the company announced plans to bolster its self-mining hash rate by approximately 3.4 EH/s. The move highlights Bitdeer's dedication to scaling its mining operations and solidifying its position as a stable player in an increasingly competitive industry. Investor Takeaway For interested investors, Bitdeer’s financial results could potentially present a promising picture worth looking into. As an industry leader in adjusted EBITDA (when evaluated on a pro-forma basis), the company continues to show growth potential, largely driven by technological advancements, strategic expansions and continued progress in operational efficiencies, but it will require capital to fund its growth plan. Its commitment to diversifying its revenue streams and enhancing its technological capabilities could likewise position it well for the future. The Bitcoin mining industry is still very much a growth story and companies like Bitdeer, capable of sustainable expansion and efficiency gains, could be instrumental in that narrative over time. Featured photo by Kanchanara on Unsplash. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. 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

April 15, 2024 08:45 AM Eastern Daylight Time

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HTX Ventures Allocates Strategic Investment in COREx to Support BTCFi and Next-Gen DEX Experience

HTX Ventures

In a decisive move to enhance the accessibility and impact of Web3 technologies, HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has made a strategic investment in COREx, the DEX backed by CoreDAO, positioned to be a flagship product in the Core Ecosystem. This advanced DEX platform is set to transform its domain by integrating social networking with AI-powered tools, signaling a new phase in the DeFi space. CoreDAO, designed as BTCFi, is an EVM-compatible Layer 1 public blockchain built on the Geth codebase. It enhances throughput and reduces costs through a hard fork. This algorithm integrates Proof of Work (PoW) and Delegated Proof of Stake (DPoS) to achieve scalability, security, and autonomy. By leveraging the CoreDAO infrastructure, COREx establishes an efficient marketplace that fully realizes the potential of BTCFi. COREx offers a dynamic ecosystem supporting trading and community empowerment with innovative tools to improve user experience and enhance decentralized networks for value creation. Features include a intuitive and customizable interface for easy onboarding, advanced transaction options, and comprehensive community engagement tools. COREx is currently in its testnet phase and plans to launch free-mint NFTs as rewards for its community. Edward, Managing Partner at HTX Ventures, underscored the strategic value of COREx in the evolving Web3 framework: "Our investment reflects our confidence in COREx's ability to fundamentally change how users interact on DEX platforms through social and AI-enhanced features. COREx differentiates itself by offering advanced tools that foster a more connected and effective community, alongside a strong partnership network that will propel both its development and community expansion. This not only extends the appeal of Web3 to new users but also sets a sustainable growth trajectory for DeFi participants." Daya, Co-founder and CTO of COREx, a crypto veteran with over a decade of experience states: "COREx is set to transform the DeFi sector, beginning with a DEX platform before expanding into a comprehensive suite of tools. This ecosystem will offer substantial value to all stakeholders, providing benefits at every turn. We are adaptable and dynamic, ready to tackle future challenges collaboratively with our partners and community members to establish COREx as the premier destination for all DeFi needs." Having recently completed a successful seed funding round led by CoreDAO Ecosystem and witnessing substantial interest in its public round, COREx is well-positioned to accelerate its technological developments and redefine the DEX trading experience. About COREx COREx, built on the CoreDAO Ecosystem, is a flagship V3-style DEX distinguished by its user-friendly design requiring a minimal learning curve, robust community social features, and advanced transaction monitoring and AI advisory functions. Website - Testnet - X (formerly Twitter) - Telegram - Docs About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures currently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including Dragonfly, Bankless Ventures, Animoca, Shima, and IVC. Website | X Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures presently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most vigorous Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including IVC, Shima, and Animoca. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures

April 15, 2024 08:40 AM Eastern Daylight Time

AI Revolution Takes Sales and Marketing by Storm

MarketJar

In the fast-paced world of business, staying ahead means embracing the transformative power of technology. At this point, companies either have to get in on artificial intelligence (AI) or risk getting left behind. For sales and marketing, AI's impact is far-reaching, from automating routine tasks to personalizing customer interactions and everything in between. Its predictive analytics capabilities allow for sharper lead targeting, ensuring sales teams concentrate their efforts on prospects most likely to convert. It also leads to operations that are quicker, more connected, and ultimately, more productive. AI-powered tools, including chatbots and CRM systems, are not only streamlining interactions but also providing invaluable insights that help fine-tune sales strategies. The result? A significant boost in sales productivity and a more engaging customer experience. New research from GoDaddy reveals that entrepreneurs are rapidly adopting generative AI (GenAI) to enhance their small businesses, with expectations high for gaining a competitive advantage. 1 According to a January survey of over 500 US small business owners conducted by GoDaddy, a whopping 75% believe GenAI will give them an edge over similar-sized businesses, while 68% feel it will allow them to compete more effectively against larger entities. The uptake of GenAI among entrepreneurs has seen a significant increase, with 73% of respondents trying out the technology and 26% applying it to their business operations. This marks a substantial rise from GoDaddy's initial survey published in May 2023, which showed only 38% had experimented with GenAI, and a mere 11% had leveraged it for business purposes. On February 26, GoDaddy introduced Airo, an AI-powered solution designed to democratize the use of AI for business enhancement. Airo simplifies the process of starting or scaling a business by offering automated solutions for creating logos, websites, emails, payment systems, and social media posts, requiring no technical expertise from the user. GoDaddy isn’t the only one using this powerful tool to help small businesses improve sales outcomes. Leading digital marketing solutions company Wishpond Technologies Ltd. (TSXV:WISH) (OTCQX:WPNDF) is simplifying the inevitable transition to AI by offering an integrated suite of AI marketing tools and sales solutions that simplify complex processes and amplify results. Serving over 4,000 customers, including small and medium-sized businesses (SMBs), as well as Fortune 500 companies like ESPN, Walmart and Lululemon, Wishpond Technologies leverages a Software-as-a-Service (SaaS) model for predictable revenue and cash flow. Empowering Businesses with AI-Powered Sales and Digital Marketing Solutions Wishpond Technologies Ltd. (TSXV:WISH) (OTCQX:WPNDF) offers an integrated suite of marketing tools that simplify complex processes and amplify results. The company just introduced SalesCloser AI, an innovative sales platform driven by artificial intelligence. SalesCloser functions as an AI-powered virtual sales agent capable of delivering personalized sales calls and product demonstrations around the clock, eliminating the need for human intervention. By leveraging a provided knowledge base, this customized AI can conduct sales presentations tailored to suit any business and manage the entire sales process from initial contact to closing. Businesses can use Wishpond ’s SalesCloser to dramatically grow their sales as the platform is a non-stop sales machine that works 24/7 to engage leads, close deals, and deliver insights in multiple languages. Every business that does sales calls or demos can use SalesCloser to grow. The AI is also unique in that it offers the ability to dramatically increase a business’ salesforce in an instant, a capability never seen before. SalesCloser allows businesses to significantly scale their sales team instantly, without losing out on quality or consistency. SalesCloser is an intriguing platform in another regard; as AI continues to improve in helping businesses optimize and streamline their operations, new tools are being created every day to reduce expenses and increase ROI. Using SalesCloser reduces hiring costs because the AI tool is significantly cheaper than hiring a full-time salesperson. The platform is also proving to be more accessible and convenient without the onboarding or training of new hires. Wishpond Technologies is a leader in democratizing AI for all businesses. SalesCloser can be used by businesses of all sizes and industries. The platform is available in ten languages making it accessible to most countries, and for selling to customers across the globe without the fear of a language barrier. Businesses can reach new demographics and customers, opening new avenues for growth. As a patent-pending technology, SalesCloser is set to expand its intellectual property with upcoming patents, reinforcing its position as an innovative solution in the market. With more use-cases growing every day, SalesCloser is panning out to be a revolutionary product that is going to change the way that businesses operate and grow their sales. Since going public in December 2020, Wishpond has seen significant growth, tripling its revenue and more than doubling its customer base. Looking ahead to 2024, Wishpond plans to further integrate AI into its operations, aiming for increased productivity, cost savings, and developing more innovative AI solutions for the world. Click here to learn more about Wishpond Technologies Ltd. (TSXV:WISH) (OTCQX:WPNDF). Footnotes: [1] https://aboutus.godaddy.net/newsroom/news-releases/press-release-details/2024/Small-Businesses-Adopting-AI-Expect-to-Thrive-Against-Competitors/default.aspx Disclosure: 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, Wishpond Technologies Ltd. Market Jar Media Inc. has or expects to receive from Wishpond Technologies Ltd.’s Digital Marketing Agency of Record (Native Ads Inc) one thousand five hundred USD for this article. 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. All investments carry risk and each reader is encouraged to consult with his or her individual financial professional. Any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.'s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on pressreach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on pressreach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management's expectations regarding Wishpond Technologies Ltd.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Wishpond Technologies Ltd.’s industry; (b) market opportunity; (c) Wishpond Technologies Ltd.’s business plans and strategies; (d) services that Wishpond Technologies Ltd. intends to offer; (e) Wishpond Technologies Ltd.s milestone projections and targets; (f) Wishpond Technologies Ltd.’s expectations regarding receipt of approval for regulatory applications; (g) Wishpond Technologies Ltd.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Wishpond Technologies Ltd.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Wishpond Technologies Ltd.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Wishpond Technologies Ltd.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Wishpond Technologies Ltd.’s ability to enter into contractual arrangements with additional parties; (e) the accuracy of budgeted costs and expenditures; (f) Wishpond Technologies Ltd.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Wishpond Technologies Ltd. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Wishpond Technologies Ltd.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Wishpond Technologies Ltd.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Wishpond Technologies Ltd.’s business operations (e) Wishpond Technologies Ltd. may be unable to implement its growth strategy; and (f) increased competition.Except as required by law, Wishpond Technologies Ltd. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Wishpond Technologies Ltd. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Wishpond Technologies Ltd. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Wishpond Technologies Ltd. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Wishpond Technologies Ltd. or such entities and are not necessarily indicative of future performance of Wishpond Technologies Ltd. or such entities. 8) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on PressReach.com constitutes advice or a recommendation. Contact Details James Young +1 800-340-9767 campaigns@pressreach.com Company Website https://pressreach.com

April 15, 2024 08:30 AM Eastern Daylight Time

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The Growing Market Demand For Waste Energy Solutions And How Sky Quarry Has Prepared Itself To Meet It

Benzinga

By Jeremy Golden The dawn of a new industrial world is upon us as countries across the globe strive to create new sustainable strategies, reduce emissions and increase clean energy consumption, leading to significant market demand for clean technologies. Pushing forward and staying on track will require massive deployment of clean energy technology, including renewables and energy-efficient construction. Compared to other parts of the economy, spending on renewable energy should be front-loaded between 2023 and 2030 to align with carbon budgets that keep global warming well below 2°C, experts say. Clean power has a vast influence as it supports the decarbonization of multiple sectors, such as manufacturing and transportation. With a commitment to promoting circular economic principles, clean-tech company Sky Quarry, Inc. is ready to help meet these rising needs with its plans to divert waste, maximize resource efficiency and help create a system where materials can be reused, recycled or repurposed to keep them in circulation for as long as possibl e. Sky Quarry’s Sustainable Solutions – Converting Waste To Energy An oil production and refining company, Sky Quarry was formed to utilize technologies that facilitate the recycling of waste asphalt shingles (WAS) and remediation of oil-saturated soils by using its “ Waste-to-Energy Solutions,” which convert toxic waste into sustainable oil. This recycling of finite materials decreases landfill waste and reduces harmful emissions in the process. According to the EPA, about 15 million tons of recyclable asphalt shingle waste gets dumped into North American landfills annually, the equivalent of over 22 million barrels of oil per year. Rather than letting it go to waste, Sky Quarry’s closed-loop recycling process can recover both material and oil through the use of proprietary extraction technology. This process allows the reuse and recovery of these materials, including up to 95% of the asphalt bitumen, and helps create sustainable infrastructure products while reducing emissions and dependence on foreign oil or new sources of material. Recycling one ton of waste asphalt shingles yields 800 pounds of aggregate granules, 100 pounds of fiberglass, 600 pounds of limestone powder and 1.5 to 2.0 barrels of oil (500 pounds). Oil can be processed into Liquid Asphalt Cement (asphaltic tack coat) and sold to the paving industry suppliers at about $140 a barrel, while recycled clean solids and oil can be sold to refineries at market spot prices or under fixed-term supply contracts. Tapping Into The Carbon Credit Market As of 2023, the global carbon market is a $398.4 billion industry growing at a CAGR of 29.4% through 2028, with companies willing to pour big money into renewable energy projects and purchase carbon credits to offset their emissions. Sky Quarry's business model allows the company to potentially earn a considerable amount of these carbon credits. This could lead to the contribution of millions, if not tens of millions, of dollars to the company’s bottom line as the carbon market matures. Sky Quarry’s trajectory could place them as first-in-class in the renewable energy sector, where new investments skyrocketed to $358 billion in the first six months of 2023, according to a Bloomberg report. This marked a 22% rise compared to the start of last year and an all-time high for any six-month period. In the U.S. and across Europe, the sector is experiencing growth. Last year, the European Union announced a new Renewables Energy Directive. The goal was to raise the percentage of renewable energy in the EU’s overall energy consumption to 42.5% by 2030, with each member expected to contribute to that target. The global green technology and sustainability market is projected to reach $19.83 billion in 2024, with significant growth anticipated for the next decade as the market is expected to exhibit a CAGR of 19.7% over 2024-2032. Sky Quarry, which believes its business model is just as sustainable as its technology, is prepared to capitalize on this monumental shift. Featured photo by OlgeRi on Shutterstock Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. Disclosure: This is a paid advertisement and the post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. For additional information on the company and risk factors related to the company and its current offering please read the company's offering circular. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

April 15, 2024 08:30 AM Eastern Daylight Time

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BIMQuote Appoints New President Aimed at Delivering Cost Savings on Materials for Homebuilders

Builders Capital

BIMQuote announced the appointment of Ken Trent as President where he’ll be providing cutting-edge technology solutions that help homebuilders save on material costs for new construction builds. Ken has a background in construction administration with a proven track record of success in cost savings and process improvements. He combines that with over 10 years of experience in eCommerce and digital technology solutions for products and services. Formerly the Chief of Growth at Builders Capital, the #1 Private Construction Lender Nationwide, Ken implemented strategic initiatives that enhanced the borrower experience by developing online portals where customers could have 24/7 access to their draws and loan details. “Ken is results-driven with a strong focus on the customer experience,” said Travis Dodge, BIMQuote Founder. “His vision and initiative will help private homebuilders gain greater awareness of this revolutionary software and drive home the value that BIMQuote delivers access to the same national buying power that production builders are accustomed to.” Ken commented on the transition, stating, "My background in construction has equipped me with a strong foundation in project management and a keen eye for detail. These skills, combined with my experience in digital technology solutions provide a unique perspective that I believe will be invaluable in the adoption of BIMQuote to homebuilders nationwide. I am thrilled to be part of this innovative team and look forward to contributing to the company's continued success." BIMQuote is currently being offered to Builders Capital borrowers, who can utilize the software to order localized building materials at discounted prices. The cost savings are based on their national relationships with hundreds of material providers from wood framing to windows, to roofing and appliances and everything in between. The materials are organized by cost code provided in detailed quantity takeoffs based on the homebuilders' submitted plans. To learn more about BIMQuote and its technology solutions visit BIMQuote.com About BIMQuote and Customhome.ai BIMQuote and customhome.ai offer innovative products available to homebuilders, 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. Learn more at: BIMquote.com and customhome.ai For inquiries, please contact Trisha Hudson: trisha.hudson@builders-capital.com About BIMQuote and Customhome.ai BIMQuote and customhome.ai offer innovative products available to homebuilders, enabling them[JW1] 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. Learn more at: BIMquote.com and customhome.ai Contact Details Trisha Hudson trisha.hudson@builderscapital.com Company Website https://builderscapital.com/

April 15, 2024 08:00 AM Eastern Daylight Time

Bitcoin Well Launches Cash Vouchers For Canadian Customers

Bitcoin Well Inc.

Leverages Bitcoin Well proprietary infrastructure to offer customers a seamless cash experience through their Bitcoin Well Account Edmonton, Alberta – TheNewswire - April 15 – Bitcoin Well Inc. (“ Bitcoin Well ” or the “ Company ”) ( TSXV: BTCW; OTCQB: BCNWF ), the non-custodial bitcoin business on a mission to enable independence, has launched Cash Vouchers - a revolutionary payment rail to allow customers to buy bitcoin in the Bitcoin Portal using cash. “Bitcoin Well customers already benefit from a wide range of products that offer the convenience of modern banking with the benefits of bitcoin,” said Adam O’Brien, Founder and CEO of Bitcoin Well. “Cash Vouchers will eliminate some of the barriers our customers experience when using digital payments to use the Bitcoin Portal, making it even faster and easier to buy bitcoin with Bitcoin Well.” Brand new customers can instantly load a Cash Voucher in their Bitcoin Well Account. Here’s how: Signup with an email and password, select “Buy bitcoin” Select “Cash Voucher” to receive unique Cash Voucher QR code Go to one of the Bitcoin Well supported ATMs and scan the Cash Voucher QR code (the full list of supported ATMs can be found from inside the account) Insert cash Redeem the Cash Voucher for bitcoin directly to a personal bitcoin wallet at any time from the Bitcoin Portal Cash Vouchers are available to Canadian customers immediately and are only made possible through the Bitcoin Well proprietary infrastructure, which means customers won’t experience third parties or payment processors frivolously blocking their transactions, which happens from time to time. This feature furthers the mission to enable independence for current and future generations of Canadians. Launching this innovation comes at a time of accelerated growth for Bitcoin Well. The Company recently announced a record number of signups in one day to the Bitcoin Portal following an endorsement from BTC Sessions’ YouTube channel, which is now a Bitcoin Well sponsored partner. In March 2024, Bitcoin Well saw over 1,900 new user sign ups, representing a 56% month-over-month increase from February 2024. To use cash vouchers, please visit: https://bitcoinwell.com/app About Bitcoin Well Bitcoin Well is on a mission to enable independence. We do this by making bitcoin useful to everyday people to give them the convenience of modern banking and the benefits of bitcoin. We like to think of it as future-proofing money. Our existing Bitcoin ATM and Online Bitcoin Portal business units drive cash flow to help fund this mission. Join our investor community and follow us on Nostr, LinkedIn, Twitter and YouTube to keep up to date with our business. Bitcoin Well contact information To book a virtual meeting with our Founder & CEO Adam O’Brien please use the following link: https://bitcoinwell.com/meet-adam For additional investor & media information, please contact: Andrew Slock Talk Shop Media andrew@talkshopmedia.com Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-looking information Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", or the negative thereof and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. Bitcoin Well actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which Bitcoin Well operates, prevailing economic conditions, and other factors, many of which are beyond the control of Bitcoin Well. Bitcoin Well believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents Bitcoin Well expectations as of the date hereof, and is subject to change after such date. Bitcoin Well disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation. For more information, see the Cautionary Note Regarding Forward Looking Information found in the Bitcoin Well quarterly Management Discussion and Analysis.

April 15, 2024 07:30 AM Eastern Daylight Time

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News Release

Navigating the Growing Cannabis Stock Landscape in 2024

RWGI, GRWG, CRON, CGC,

Cannabis, once relegated to the shadows of legality, now finds itself at the forefront of a rapidly evolving industry. With 37 states legalizing medical use and 23 allowing full legalization, the landscape is shifting. However, federally, cannabis remains classified alongside heroin and LSD, creating both potential and uncertainty for marijuana companies. Additionally, Canada's nationwide legalization in 2018 paved the way for American cannabis firms to list shares on Canadian exchanges, signaling a turning point. The sector's growth is palpable, evident in the New Cannabis Ventures Global Cannabis Stock Index's remarkable 26% surge in 2024's first quarter, outperforming the S&P 500. This burgeoning market encompasses not only retail operations but also a diverse array of sectors, from biotech and research to distribution and consumption specialists, each contributing to the dynamic landscape of the cannabis industry. As recreational marijuana gains legal ground in 21 states, and with full legalization in countries like Germany, the cannabis industry emerges as a dynamic force, poised for significant development both domestically and abroad in the coming years. With that in mind, let’s take a closer look at a few notable stocks in the sector. GrowGeneration Corp. (NASDAQ: GRWG) is an emerging player in the hydroponic and organic gardening industries, renowned for its comprehensive range of products and services. Established in Colorado in 2014, GrowGeneration has evolved into the largest chain of specialty retail hydroponic and organic garden centers in the United States, catering to cultivators' diverse needs, including those of cannibis growers. A significant milestone for GrowGeneration occurred on February 1, 2024, with the launch of Drip Hydro's new powder nutrient line for cannabis cultivation, setting new market standards. Further, a new partnership with Quest Climate promises advanced dehumidification technology for optimal growing environments. Despite financial challenges, including reported losses in Q4 2024, GrowGeneration remains optimistic. Its robust revenue performance and intelligent initiatives demonstrate resilience and potential for growth. Notably, the announcement of a share repurchase program reflects management's confidence in the company's strength and long-term value creation strategy. GrowGeneration Corp. continues to navigate the evolving hydroponic and organic gardening industry landscape with innovative ideas and important partnerships. GrowGen presents an intriguing investment opportunity, especially amid regulatory changes in the cannabis industry. Investors should closely monitor GRWG stock for emerging opportunities. Cronos Group Inc. (NASDAQ: CRON): CRON focuses on developing disruptive intellectual property and advancing cannabis research, technology, and product development to capitalize on the global demand for cannabinoid products. An outstanding achievement for CRON is its Spinach brand, which ranked as the top flower brand in Canada in 2023 with a notable 6.9% market share. Spinach's success across various product categories underscores its versatility and consumer appeal. Additionally, the recent launch of Lord Jones Chocolate Fusions demonstrates CRON's approach to product development, targeting the chocolate edibles category with three premium flavor combinations. Financially, CRON boasts a strong balance sheet with approximately $862 million in cash and short-term investments as of 2023. This financial flexibility enables CRON to pursue aggressive growth investments, including geographic expansion into markets like Australia and Germany in the medicinal cannabis space. From a regulatory perspective, the potential reclassification of cannabis as a Schedule III drug in the U.S. and recent legalization in Germany present significant growth opportunities for CRON. Cronos Group Inc. offers a compelling investment opportunity, supported by its strong brand portfolio and product offerings. With the company's initiatives and favorable regulatory environment, CRON is well-positioned to capitalize on the burgeoning cannabis market. Canopy Growth Corporation (NASDAQ: CGC) distinguishes itself as a prominent player in the North American cannabis and consumer packaged goods (CPG) market, committed to leveraging cannabis's potential to improve lives. CGC focuses on delivering unique products under premium and mainstream cannabis brands like Doja, 7ACRES, Tweed, and Deep Space, meeting diverse consumer needs. Additionally, CGC extends its product portfolio to include gourmet wellness offerings through Martha Stewart CBD and cutting-edge vaporizer technology produced by Storz & Bickel in Germany. Investments in the U.S. THC market through ownership rights to Acreage Holdings, Inc., Wana Brands, and Jetty Extracts establish a comprehensive ecosystem for growth. Recent announcements from the company, such as introducing Tweed softgels and oils featuring minor cannabinoids, underscore CGC's commitment to meeting consumer demand. Furthermore, its focus on social equity, responsible use, and community reinvestment showcases leadership in shaping a future where cannabis enhances well-being. Financially, CGC demonstrates resilience and agility despite challenges in the cannabis market, improving operational efficiency and strengthening its balance sheet through debt reduction measures and divestitures. With its strong brand portfolio, innovative product offerings, and commitment to driving positive change, CGC is well-positioned to capitalize on emerging opportunities in the cannabis sector. As cannabis legalization progresses, particularly with recent developments like full legalization in Germany, some investors with a higher risk tolerance may be on the lookout for penny stock opportunities. Rodedawg International Industries, Inc. (OTC: RWGI) could potentially be one such hidden gem. RWGI emerges as a potential winner in the dynamic landscape of the cannabis sector. Founded with a clear focus on capitalizing on opportunities within the regulated California cannabis market, the company positions itself as a partner and facilitator for licensed cultivation, distribution, manufacturing, and retail dispensaries. Under the stewardship of CEO Chris Swartz, RWGI outlined a comprehensive roadmap in January 2024, aimed at propelling the company's growth trajectory. With the acquisition of Parabola Mgmt., LLC, RWGI positioned itself to expand its revenue streams rapidly. Swartz's vision underscores a commitment to operational excellence and shareholder value enhancement. The roadmap delineates key milestones for 2024, including the acquisition of cannabis licenses for manufacturing and distribution, expansion of the Wellness Division with hemp and cannabis-derived isolates, and bolstering management and sales of licensed distribution channels. RWGI ’s proactive approach is evident in its swift execution, as exemplified by the acquisition of a new California cannabis distributor license in Coachella, California, within the first quarter of 2024. RWGI 's shareholder-centric approach is demonstrated by regular updates and transparent communication. The company's February shareholder update highlighted significant progress, with completed applications for licensed cannabis distribution centers and substantial investments in infrastructure development. Financial statements reflect robust growth, with revenues soaring from $30,000 in December 2022 to $103,868 in December 2023, showcasing operational efficacy and revenue-generating potential. Strategic partnerships, such as the exclusive distribution agreement with D9, LLC, underscore RWGI 's commitment to market penetration and revenue optimization. By securing exclusive rights to distribute products from one of California's largest licensed cannabis distillate providers, Rodedawg International solidifies its revenue streams and market position. The recent announcement of accelerated sales of hemp and cannabis-derived isolates further underscores RWGI's commitment to vertical integration and revenue diversification. With substantial investments in manufacturing facilities and a focus on high-growth segments like the cannabis extract market, the company is well-poised to capitalize on emerging opportunities. As an emerging penny stock, Rodedawg International Industries, Inc. (OTC: RWGI) presents investors with a compelling opportunity to capitalize on the burgeoning cannabis market. With a clear roadmap, proactive management, and a commitment to shareholder value creation, RWGI could be poised for growth in the coming quarters. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, or assumptions of future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor’s investment may be lost or due to the speculative nature of the companies profiled. Capital Gains Report (CGR) owned by RazorPitch Inc. is responsible for the production and distribution of this content. CGR is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. CGR has been retained by Cambridge Consulting to produce and distribute content related to RWGI. As part of that content, readers, subscribers, and webs are expected to read the full disclaimers and financial disclosure statement that can be found on our website capitalgainsreport.com All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. CGR is not a fiduciary by virtue of any persons use of or access to this content. Contact Details CapitalGainsReport Mark McKelvie +1 585-301-7700 Markrmckelvie@gmail.com Company Website http://razorpitch.com

April 15, 2024 05:00 AM Eastern Daylight Time

Seasoned Trader Criticizes Ethereum, Sparks Crypto Investment Shift to Bitcoin Cash and Raboo

Total Media

Scalability and throughput are hallmarks of a solid crypto protocol. With increasing crypto use in payment solutions, users consider crypto investment opportunities with low trading fees and near-instant transaction processing times. As a payment protocol, Bitcoin Cash has shown its seamlessness and scalability. However, network fees have always plagued Ethereum. This has caused many users to consider Raboo as a rising crypto in its ongoing presale. Here's how Raboo achieves low trading fees: Ethereum: Increased Decentralization To Prevent Being Dubbed A Security With increasing attention from institutional investors, Ethereum is in for a successful year. The asset hit a new all-time high in the short bull pump of 2024 Q1. JP Morgan revealed that increased decentralization may result in Ethereum being labeled a commodity. This follows just as a massive drop in staked Ether was recorded across centralized exchanges. While Ethereum has implemented developments to improve scalability and reduce costs, it still trails behind other blockchains in this regard. The crypto giant migrated to a proof-of-stake model to improve scalability and reduce costs. These developments have also increased Ethereum's decentralization. Many tokens and digital assets are built on Ethereum's Blockchain. While they enjoy the profitability, they also share in the drawbacks of their parent chain. Bitcoin Cash: Second Halving Drives Up Asset Value Bitcoin Cash completed its second halving event recently. The first halving in April of 2020 saw a slashing of miner rewards from 12.5 BCH to 6.25 BCH. A further halving has influenced the price of Bitcoin Cash. The asset experienced a slight downtrend that shook investors' positions pre-halving, with major losses recorded among investors. Shortly after the halving, Bitcoin Cash rebounded and continued on its bullish trail. Price volatility is a common phenomenon during these major events. For a rising crypto, the eventual loss of “weak” traders could bear negatively on the platform. Bitcoin Cash (BCH) has seen steady adoption as a solid crypto investment for payment solutions. Raboo: Fostering AI Integration Through Meme Culture And Community Growth AI cryptos are making massive gains in the current market with investors looking for profitable protocols to back. Raboo has proven a suitable candidate with its unique features and services. As an AI-powered protocol, Raboo is constantly evolving and learning while carrying its community along. Its presale has already seen massive success within the crypto industry with many buyers certain of the asset's profitability. Moreover, Raboo fosters community growth by incentivizing community participation in activities organized by the protocol. As a memecoin, the asset is uniquely poised to harness the power of meme culture to aid its advancement. Raboo provides access to DeFi services like NFTs, AI, and memes with fast transaction times and low trading fees. Every engagement with the protocol is rewarded with the native token. With its SocialFi architecture driving its presale to the moon, investors have the opportunity to cash in on its current $0.0036 valuation. Conclusion As with Bitcoin Cash, Raboo intends to provide scalable services for its users. The asset also embodies Ethereum's profitability to become a major crypto investment in the world of rising crypto projects. The asset's current presale provides ample opportunity for long-term investment. You can participate in the Raboo presale here. Contact Details Total Media Solutions media@Totalsolutionspr.io

April 14, 2024 07:27 PM Eastern Daylight Time

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All Industries

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AI Revolution Takes Sales and Marketing by Storm

The Growing Market Demand For Waste Energy Solutions And How Sky Quarry Has Prepared Itself To Meet It

BIMQuote Appoints New President Aimed at Delivering Cost Savings on Materials for Homebuilders

Bitcoin Well Launches Cash Vouchers For Canadian Customers

Navigating the Growing Cannabis Stock Landscape in 2024

Seasoned Trader Criticizes Ethereum, Sparks Crypto Investment Shift to Bitcoin Cash and Raboo