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Ukrlandfarming Announces Expansion into the European Union Market

Rev Up Marketers

Ukrlandfarming, an agricultural enterprise in Ukraine, has announced plans to expand its product reach in the European Union market. As part of its growth strategy, the company intends to cultivate 330,000 hectares of land for grain production and produce approximately 1.5 billion chicken eggs in the latter half of 2024. The expansion strategy reflects Ukrlandfarming's commitment to sustainable agricultural practices and its drive to deliver quality products to a broader customer base. The company's focus on technologies and sustainable farming practices underscores its dedication to growth and community impact. CEO and Founder Mr. Oleg Bakhmatyuk emphasizes the importance of aligning economic interests between Ukraine and the EU. He states, "As we move forward with our expansion plans, we are keen to build strong partnerships in the European Union. This collaboration is vital for our company's growth and fostering economic ties that benefit Ukraine and the EU. Ukrlandfarming's expansion strategy includes establishing multiple offices in the EU and strengthening its presence in the Middle East. Mr. Bakhmatyuk assures stakeholders of Ukrlandfarming's commitment to being a positive partner in these markets. He affirms, "We have a proven track record of delivering superior products and services. In addition to reinforcing its position in the Middle East, China, and the Far East, Ukrlandfarming is intensifying efforts to deepen trade relations with the European Union. The company sees this move as a significant step toward establishing a more extensive global presence. While focusing on its core markets, Ukrlandfarming remains committed to uplifting local communities and implementing continuous efforts that benefit both people and the environment. For more information about Ukrlandfarming, please visit their website. About Ukrlandfarming: Ukrlandfarming is a leading consortium of agricultural enterprises in Ukraine dedicated to sustainable farming practices and driving economic progress. With a focus on innovation and excellence, Ukrlandfarming aims to meet the evolving demands of global markets while fostering community growth and environmental responsibility. Contact Details Ukrlandfarming Plc Vadim Tolpeco +380 67 223 4727 tolpeco@ulf.com.ua Company Website https://www.ulf.com.ua/

May 15, 2024 06:13 AM Eastern Daylight Time

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Bitget Wallet Unveils Bitget Onchain Layer, Rolls Out $10M BWB Ecosystem Fund

Bitget

Bitget Wallet, a leading non-custodial wallet and decentralized ecosystem platform, has announced the launch of its latest product blueprint, the Bitget Onchain Layer, to revolutionize the overall Web3 experience for its users. The Bitget Onchain Layer will not only integrate a host of native DApps within Bitget Wallet through joint collaboration with builders, but also position Bitget Wallet as the primary on-chain extension and future of the Bitget ecosystem. Concurrently, a $10 million BWB Ecosystem Fund has also been established, dedicated to accelerating the development of the Bitget Onchain Layer and supporting aligned projects and initiatives. Powering the Bitget Onchain Layer are native Modular Feature-DApps (MFDs), specialized applications to streamline user interactions, enhance liquidity aggregation, and fortify security measures. Initially, the ecosystem fund will be dedicated towards the investment and incubation of various Web3 trading services, of which three are already in the pipeline: Pre-Market, on-chain derivatives market, and Trading Bot. These services, in the form of MFDs, will further complement Bitget Wallet's existing Swap trading service. Since its inception as a multi-chain wallet in 2018, Bitget Wallet has evolved into a comprehensive platform featuring native functions such as multi-chain wallet, Swap, intelligent market data, Launchpad, inscriptions tool, and earning center, reflecting its transformation from an asset management tool to a full-stack DeFi ecosystem and platform. In this journey, Bitget Wallet has attracted over 20 million users globally and has gained widespread recognition. Just last month, the platform achieved a record high in Swap data, with trading and order volumes surpassing MetaMask. As Bitget Wallet continues to build, several enduring yet unresolved challenges in the Web3 space demand attention, including navigating across multiple blockchain networks, selecting the right DEXs, choosing from a myriad of liquidity pools, and much more, oftentimes resulting in a poor user experience. To produce innovative solutions to these problems, Bitget Wallet first began by introducing a native swap aggregator, Bitget Swap, to cater towards user demands for seamless on-chain trading and potential earning experiences. Deploying Bitget Swap as a native platform feature also opened up avenues for more value-added features including gas-free transactions and multiple trading modes to enhance the overall trading experience for users, forming the first step in Bitget Wallet's journey to developing a native on-chain ecosystem layer. On a macro level, the Bitget Onchain Layer serves as an intermediate layer that abstracts away complexities for users to interact with the Web3 world with the help of Modular-Feature DApps (MFDs). These function both as standalone DApps as well as native features integrated directly into Bitget Wallet. By working with industry developers to create effective and purposeful MFDs, Bitget Wallet aims to meet users' needs in a more efficient manner, while also supporting developers and DApp projects in Web3. Aside from trading, the Bitget Onchain Layer also aims to provide native accessibility for new narratives, assets, and opportunities across Web3 from Bitget Wallet by introducing an open and collaborative ecosystem strategy to offer comprehensive coverage over a spectrum of financial services. In tandem with the development of the Bitget Onchain Layer, the wallet has also prioritized the burgeoning Meme ecosystem as a central focus of its product roadmap. Following the launch of Bitget Wallet's experimental Meme token, $MOEW, the platform plans to explore further integrations and community engagements within this space, including Meme Grants and events to bolster Meme culture and Web3 engagement. Bitget Wallet has also engineered a dedicated Meme token leaderboard within its wallet interface, providing users with up-to-date information on the latest trending Meme coins and price movements, providing the competitive edge needed to stay ahead of the Meme market. Bitget Wallet and the Bitget Onchain Layer are fundamentally anchored by the BWB token, which has multiple roles within the ecosystem, including governance voting, eligibility for participation in Launchpad events, staking rewards, and payment of multichain gas fees, among other utilities. Following the conclusion of the BWB Points Airdrop Campaign and BWB Ecosystem Partner Program, the wallet has now announced its allocation plans for the BWB token. The total supply of BWB tokens is set at 1 billion, distributed across community rewards, team, and partnership initiatives. Nearly 47% of this total supply will be allocated to the community treasury and 10% will go to investors, while 5% will be reserved for the pre-TGE (token generation event) airdrop. Moving ahead, Bitget Wallet will continue to refine its platform by integrating high-frequency and core features that enhance user experience and interaction within the Web3 ecosystem. The focus will remain on product growth and strategic infrastructure development to sustain advancement and ensure a robust foundation for the future. Bitget Wallet's evolution reflects its commitment to pushing the boundaries of what a Web3 wallet can offer. It has transitioned from asset management to a broader scope of DeFi functionalities, reinforcing its market position and setting a new standard in the cryptocurrency and DeFi space. About Bitget Wallet Bitget Wallet is Asia's largest and leading global Web3 trading wallet, with over 20 million users worldwide. It offers a comprehensive range of features, including asset management, intelligent market data, swap trading, launchpad, inscribing, and DApp browsing. Currently, it supports more than 100 major blockchains, hundreds of EVM-compatible chains, and over 250,000 cryptocurrencies. Bitget Wallet enhances liquidity by aggregating it across hundreds of top DEXs and cross-chain bridges, facilitating seamless trading on nearly 50 blockchains. For more information, users can visit: Website | Twitter | Telegram | Discord Contact Details Rachel Cheung media@bitget.com Company Website https://www.bitget.com/

May 15, 2024 06:00 AM Eastern Daylight Time

DHH Compressor Announces Groundbreaking All-in-One Screw Compressor for Laser Cutting

Rev Up Marketers

In a move set to revolutionize the laser cutting industry, DHH Compressor has unveiled its latest innovation: DEHAHA All-in-One Screw Compressor for laser cutting. This pioneering advancement marks a significant leap forward in efficiency, reliability, and convenience for businesses operating in the realm of laser cutting technology. The collaboration between DHH Compressor and laser cutting machine manufacturers comes at a critical juncture, as demand for precision cutting continues to soar across various sectors, from automotive manufacturing to aerospace engineering. With the unveiling of this groundbreaking compressor, DHH Compressor aims to redefine the standards of performance and productivity in laser cutting operations worldwide. Redefining Efficiency and Reliability The All-in-One Screw Compressor by DHH Compressor, with the power range from 7.5kW- 90kW, represents the pinnacle of engineering excellence, integrating cutting-edge technology with unparalleled efficiency and reliability. Designed specifically to meet the demanding requirements of laser cutting applications, this compressor offers a comprehensive solution that streamlines operations and maximizes productivity. Equipped with advanced screw compressor technology, the All-in-One unit delivers consistent and reliable airflow, ensuring optimal performance throughout the laser cutting process. Its innovative design minimizes energy consumption while maximizing output, resulting in significant cost savings for businesses and reducing their environmental footprint. Unprecedented Convenience and Versatility One of the key highlights of the All-in-One Screw Compressor is its unprecedented level of convenience and versatility. Unlike traditional compressor systems that require separate components for air compression, drying, and filtration, this integrated solution combines all essential functions into a single, compact unit. This streamlined design not only saves valuable floor space but also simplifies installation and maintenance, allowing businesses to focus on their core operations without the hassle of managing multiple components. Whether it's a small-scale workshop or a large-scale industrial facility, the All-in-One Screw Compressor offers unparalleled flexibility to meet the diverse needs of laser cutting applications. Empowering Growth and Innovation The introduction of the All-in-One Air Compressor underscores DHH Compressor's commitment to driving growth and innovation within the laser cutting industry. By providing businesses with a comprehensive solution that enhances efficiency, reliability, and convenience, DHH Compressor aims to empower them to achieve new levels of success and competitiveness in the global market. Furthermore, this innovative compressor opens up new possibilities for businesses to explore emerging trends and technologies in laser cutting, such as automation, robotics, and artificial intelligence. With a reliable and efficient air supply system in place, businesses can unleash their creativity and push the boundaries of what's possible in laser cutting applications. DHH Compressor Jiangsu Co., Ltd. continues its commitment to innovation, sustainability, and customer satisfaction, reinforcing its position as a global leader in the air compressor industry. For more information about DHH Compressor Jiangsu and its products, visit dhhcompressors.com. DHH Compressor Jiangsu Co., Ltd was established in 1996 and has 28 years of experience in the air compressor industry. It is an innovative factory that integrates production, trade, service, research, and development. The company focuses on researching, developing, and manufacturing screw air compressors with the world's newest energy-saving and intelligent internet information system, utilizing the industry's top technology and elite engineering team. Contact Details DHH Compressor Jiangsu Co., Ltd. Jerry Zhang info@dhhcompressors.com Company Website https://dhhcompressors.com/

May 15, 2024 03:18 AM Eastern Daylight Time

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Avation advances its fleet with low emission aircraft and strategic financial moves

Avation PLC

Avation PLC executive chairman Jeff Chatfield joins Proactive's Stephen Gunnion with more on the company that that specialises in leasing modern commercial passenger aircraft to global airlines. The company's business model involves purchasing, financing, and trading aircraft, with customers including EasyJet, AirBaltic, and several others across various continents. Avation's fleet comprises three main sectors: widebody, narrowbody, and regional aircraft, with a focus on low CO2 emission models adaptable to sustainable aviation fuel. Chatfield said Avation has exercised purchase rights for ten new ATR aircraft with plans for future deliveries spread over the next ten years. This move aligns with their environmental strategy, emphasising aircraft that support reduced carbon emissions. Additionally, the company manages a young fleet, which contributes to its market strength, particularly as industry demand surges post-COVID due to supply constraints from manufacturers like Boeing and Airbus. Chatfield noted that Avation is also restructuring its capital by repurchasing bonds and reducing debt, aiming to optimise its financial leverage and benefit shareholders. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

May 15, 2024 03:00 AM Eastern Daylight Time

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Deutsche Glücksspielindustrie: Regulierter Markt

AM Europe

Die deutsche Glücksspielindustrie ist ein lukrativer Markt mit hohem Potenzial. Schätzungen zufolge soll der Online-Glücksspielmarkt bis 2024 5,65 Milliarden US-Dollar erreichen [Quelle: Statista ]. Allerdings zeichnet sich ein zwiespältiges Bild ab: Während der regulierte Markt hinter seinen Möglichkeiten zurückbleibt, floriert der illegale Glücksspielsektor. Regulierter Markt: Langsame Entwicklung mit großem Potenzial Deutschland hinkt im Vergleich zu anderen europäischen Ländern bei der Regulierung des Online-Glücksspiels hinterher. Im Gegensatz zu Großbritannien mit einem geschätzten Marktvolumen von 12,05 Milliarden Euro lag der Umsatz im legalen deutschen Markt 2023 schätzungsweise nur bei 4,8 Milliarden Euro [Quelle: iGaming Business]. Diese Diskrepanz lässt sich auf die komplizierte Regulierungslandschaft zurückführen. Der Glücksspielstaatsvertrag von 2021 erlaubt zwar Online-Casinos und Sportwetten, die einzelnen Bundesländer können jedoch entscheiden, ob sie Lizenzen an mehrere Anbieter vergeben oder ein staatliches Monopol einführen. Diese Uneinheitlichkeit schreckt viele potenzielle Anbieter ab. Boomender Schwarzmarkt: Ein Dorn im Auge der Branche Die strengen Regulierungen treiben Spieler in die Arme illegaler Anbieter. Laut Yield Sec ist die Zahl der aktiven Schwarzmarkt-Glücksspielseiten in Deutschland, wie zum beispiel casinoohneoasis.bet, zwischen dem ersten Quartal 2022 und 2023 um 63% gestiegen. Im März 2023 allein sollen 9,3 Millionen Menschen, also rund 13,4% der Bevölkerung, mit illegalen Glücksspielprodukten online interagiert haben [Quelle: iGaming Business]. Diese Entwicklung beunruhigt die legalen Anbieter. Der Schwarzmarkt entzieht dem Staat Steuereinnahmen und bietet Spielern keinen Verbraucherschutz. Zukunft der deutschen Glücksspielindustrie: Regulierung anpassen? Experten fordern eine Anpassung der Glücksspielregulierung, um den Schwarzmarkt einzudämmen und das Potenzial des legalen Marktes auszuschöpfen. Mögliche Lösungsansätze könnten sein: Einheitliche Lizenzen für ganz Deutschland Vereinfachte Beantragungsprozesse für Lizenzen Strengere Kontrollen des Schwarzmarktes Deutschland steht vor der Herausforderung, eine Balance zu finden zwischen Verbraucherschutz, Steuergewinnen und einem attraktiven Angebot für Spieler. Gelingt dies, könnte die deutsche Glücksspielindustrie zu einem Vorzeigemarkt in Europa werden. Contact Details Leo +49 2735 7227 leodus@gmail.com

May 14, 2024 10:00 PM Eastern Daylight Time

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BacTech Environmental (BAC.C) Files Patent on Zero-Waste Metal Recovery System, as global ESG Investment Hits $30 Trillion

BacTech Environmental Corporation

May 14, 2024 – TheNews w ire – Global Stocks News – On April 5, 2024 BacTech Environmental (CSE: BAC) (US-OTC: BCCEF) announced that it has filed an expanded patent application for industry’s first zero-waste bioleach process using green technology for metals recovery and fertilizer and steel production from sulphide minerals. BacTech has developed an eco-friendly bioleaching process to recover metals like gold, silver, cobalt, nickel, and copper, while removing harmful contaminants like arsenic. The proprietary process uses bacteria to neutralize toxic concentrates and tailings while creating revenue streams from precious and base metals. BAC’s technology is in sync with the mining industry’s desire to attract younger environmentally conscious investors. “Global ESG assets are $30 trillion, and on track to surpass $40 trillion by 2030,” reports a January 2024 ESG report from Bloomberg Intelligence. "Investors' desire to have more control and align their investments with their personal views is a major long-term shift that is still in the early innings,” states David Botset, at Schwab Asset Management. “ BacTech’s IP development path specifically aligns with broader trends across mining and steel industry operations, consistent with continued public and policymaker calls to shift processes and reduce carbon emissions,” confirms Ross Orr, President, and CEO of BacTech. Click Image To View Full Size Key April 5, 2024 BacTech Highlights: Company files expanded Provisional Patent Application for zero-waste bioleach process Intellectual Property (IP). Engineered for eco-friendly nickel, copper and cobalt recovery from pyrrhotite and pyrite tailings, new zero-waste IP introduces novel methods for transforming remaining waste compounds into valuable, alternative green commodities. Zero-waste IP now optimized to convert soluble iron into iron metal (produced on-site or as a feedstock to green steel making) and to create ammonium sulphate fertilizer from bioleach acid (sold as organic fertilizer). Independent estimates suggest approximately 80 to 100 million tonnes of pyrrhotite tailings in the Sudbury, Ontario region alone (pyrrhotite and pyrite waste is common to many mining operations). Testing and Collaboration with MIRARCO (Mining Innovation, Rehabilitation, and Applied Research Corporation) continues for pilot-scale bioleach circuit testing in Sudbury. “The proprietary technology is appropriate to the commercial interests of non-ferrous metal production, steel making and fertilizer production which are all traditionally siloed as separate industries,” stated CEO Ross Orr. “We believe our zero-waste metals recovery IP will emerge as a defining solution,” continued Orr. “By diversifying the range of products derived from these projects, BacTech aims to reduce dependence on long-term metal prices as the primary drivers for investment in remediation efforts while treating pyrrhotite and pyrite waste streams from current operations.” BacTech plans to capitalize on fostering both sustainability and profitability in the industry by creating land value previously occupied by a legacy of mining industry waste. Applicable to the treatment of existing pyrrhotite or pyrite tailings or streams from current operations, the primary products delivered through the new zero-waste, low-carbon bioleach processes specifically include: Mixed nickel/cobalt precipitate. Copper precipitate. On-site iron metal production via electrowinning or iron pellets for off-site conventional iron manufacturing or green steel making. Ammonium sulphate fertilizer. Additional minor by-products such as magnetite powder and geopolymers silica for construction material or mine backfill. The technology can also be adapted to recover precious metals and platinum group elements present in low grade pyrite feedstocks. BacTech is confident that the new IP enhances project value by enabling the production of multiple products previously unattainable through conventional bioleach processing. Zero or minimal waste from remediation operations also converts previously unusable land into valued assets. The core BacTech technology is described here: “We have a strong shareholder base,” Orr told Guy Bennett, CEO of Global Stocks (GSN) News. “One gentleman contacted me about nine years ago. He believes in our our vision and subsequently purchased 10 million shares. He has a network that he calls ‘The Millionaires Club’. About 60 of them purchased another 1 million plus shares. Some of those shares are in TFSA accounts for their grandkids. We are fortunate to have loyal long-term share-holders.” Click Image To View Full Size In November, 2023 BAC was granted its Consultation Permit. This approval allowed BacTech to move forward with plans to develop a bioleach processing facility in Tenguel, Ecuador. “With all major permits now secured and in place, BacTech will finalize the terms with Analytica Securities to launch the previously announced $US20M Green/Social bond issue to finance the construction of the bioleach plant at Tenguel,” reported BAC. “Of the total funds raised, approximately $17 million will be allocated to the capital portion of the bioleaching facility construction, with the remaining $3 million dedicated to financing the purchase of concentrates from local miners and supporting the local economy.” Click Image To View Full Size To ensure transparency and adhere to global best practices, BacTech launched its Sustainable Bond Framework for issuing Green and Social bonds, aligning with the International Capital Market Association’s (ICMA) Green Bond Principles (GBP) 2021 and Social Bond Principles (SBP) 2023. The company also received an independent Second Party Opinion (SPO) from Moody’s Investors Service, granting BacTech a Sustainability Quality Score of SQS2 (Very Good), recognizing the company’s significant contribution to sustainability. BAC intends to build a 50 tonne/day bioleach plant capable of treating high gold/arsenic material. Such a plant, processing feed with 1.75 ounces of gold per tonne, similar to what local miners provide, would yield approximately 31,000 ounces per year. The modular plant designs allow for expansion without disrupting ongoing production. BacTech has also signed an International Protection Agreement (“IPA”) with the government for a Phase 2 plant that would add 150-200 tpd of capacity, producing more than 100,000 ounces per annum. Part of the agreement calls for BacTech to be non-taxable for 12 years. Click Image To View Full Size “We have agreements in place with four Ecuadorian miners,” Orr told GSN. “These are not tiny artisanal miners. One of them has 400 employees. They currently sell to the Chinese, getting about 45-50 cents on the dollar for their gold content in the concentrates, depending on the arsenic levels.” “We think we can offer the local miners a much better deal, treating the concentrates domestically, removing the arsenic before it leaves Ecuador.” “The financial metrics on the Ecuador project are robust,” continued Orr. “We have a 12-year tax holiday. The feasibility study projects that, at $2,200/ounce gold, the annual profit will be equal to the capex of $17 million. Every $100/ounce rise in the price of gold adds a million dollars to the to the bottom line.” This area of Ecuador hosts over 100 small mines, and BacTech is actively exploring the possibility of establishing modern bioleaching facilities in other regions of Ecuador, Peru, and Colombia. The Accenture Global Institutional Investor Study of ESG in Mining surveyed decision-makers at 200 public and private institutional investment firms with mining assets in their portfolio valued at approximately US$847 billion. The survey revealed that 59% of investors want miners to aggressively pursue ESG initiatives, and 63% of investors would be willing to divest or avoid investing in mining companies that fail to meet ESG and decarbonization targets. MIRARCO (Mining Innovation, Rehabilitation, and Applied Research Corporation), has set up a pilot-scale bioleach circuit in Sudbury to conduct test work on BacTech’s technology. BacTech presents an opportunity for ESG investors to buy shares in an innovative mining-related company that is positioned to do good things for the environment while generating a profit. Disclaimer: BacTech paid GSN $1,500 for the research, creation and dissemination of this content. Contact: guy.bennett@globalstocksnews.com Full Disclaimer

May 14, 2024 04:55 PM Eastern Daylight Time

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Jericho Energy Proposed Spin-off Opens its Hydrogen Division to $30 Trillion ESG market

Jericho Energy Ventures Inc.

May 14, 2024 – The N ewswire – Global Stocks News – In a press release dated April 17, 2024, Jericho Energy Ventures (TSXV:JEV) (OTC PINK:JROOF) (FSE:JLM) announced that it is exploring a potential spin-off and separate listing of its Hydrogen platform. Currently, Jericho owns and operates producing oil and gas projects in Oklahoma, USA, which – although a source of revenue – dilutes the company’s green energy credentials. As a growing technology innovator, the hydrogen business will likely need access to capital. Decoupling from the oil business will expand the potential sources of funding to include ESG funds. “ Global ESG assets are $30 trillion, and on track to surpass $40 trillion by 2030,” confirms a January 2024 ESG report from Bloomberg Intelligence. “The last three years we have been using profits from the oil business to fund our hydrogen business,” JEV director Allen Wilson told Guy Bennett, the CEO of Global Stocks News (GSN). “At an accounting level that makes sense, but many of the funds we’ve been talking to have mandates that forbid them from investing in fossil fuels.” “Having an oil division buried in the hydrogen business is constraining the relationships we can form, and our access to capital,” continued Allen. JEV’s Hydrogen Portfolio: • 100% owned subsidiary Hydrogen Technologies has developed a patented, zero-emission boiler technology to the Commercial & Industrial heat and steam industry. • Investments and board positions in H2U Technologies - a breakthrough electrocatalyst and low-cost electrolyzer platform. • Investments and board positions in Supercritical Solutions -developing the world's first, high pressure, ultra-efficient electrolyzer. Click Image To View Full Size “Our skills, knowledge and experience in traditional energy assets has served us well,” JEV CEO Brian Williamson told GSN. “But as we move up the investor chain to institutional investors, these funds are focused on the transition away from fossil fuels. That is the largest growing pool of capital in the marketplace.” “For us to access those pools, our hydrogen assets need to stand on their own,” confirmed Williamson. “At the same time, our oil and gas assets are getting lost in the hydrogen story. Sometimes separation is necessary for the good of the children. We feel we are at that point.” Click Image To View Full Size “The objective of the Proposed Spin-Off is to create two independent, streamlined, pure-play companies focused on becoming leaders in their respective markets,” states JEV. “This initiative intends to create two agile, specialized companies, enabling them to pursue their unique strategic objectives and position themselves advantageously for sustained growth, profitability, and heightened investor appeal," remarked Williamson. Click Image To View Full Size Hydrogen produces zero emissions when burned, making it an attractive option for reducing greenhouse gas emissions. In 2024, 95% of hydrogen used is “grey hydrogen” - produced from natural gas. “Blue hydrogen” uses carbon capture to reduce emissions up to 90%, but it still relies on fossil fuels as a feedstock. For hydrogen to break through as major source of clean industrial energy, the world needs reliable affordable “green hydrogen”. In the video below, Scottish Power explains what green hydrogen is: “In order to combat climate change, we need to adopt electrification as a clean and sustainable solution to many of our transport and industrial needs,” explains Scottish Power. “The cleanest form of hydrogen production is produced using renewable energy resulting in zero co2 emissions. Clean renewable electricity is used to power an electrolyser splitting water into hydrogen and oxygen gas with no carbon emissions.” Click Image To View Full Size The push to replace fossil fuels with green hydrogen has reached all corners of the world. “Energy storage will play a key role in achieving India’s National Green Hydrogen Mission's goal of producing more than five million metric tonnes per annum by 2030,” reports TV BRICS. “Over 680 hydrogen projects have been announced globally, worth more than $240 billion in investment,” states the World Economic Forum (WEF). “We will work with stakeholders across industry, policy and finance to turn announcements into action and pledges into real projects.” Jericho’s hydrogen business started with a focus on the industrial space, because this is where you find the earlier adopters, with the biggest carbon footprints. JEV’s “spearhead” technology is the zero emission DCC boiler. The company is concurrently developing upstream technology to help solve the need for more green hydrogen. “The average life of a boiler is 20 years, while the average age of the boilers installed in North America is 30+,” explained Williamson. “Emission profiles two decades from now will be very different. Decisions are being made today will affect industrial processes in 2040. The time is right for the industrial, decarbonisation, and we believe our DCC boiler has an important role to play.” “Jericho's roster of major backers among its shareholders includes Edward Breen, Executive Chairman and CEO of DuPont; Belzberg & Co., led by Strauss Zelnick, chairman and CEO of video game giant Take-Two Interactive; McKenna & Associates, led by Andrew J. McKenna; the Graves family, a multi-generational U.S energy asset owner and operator; and Frank Drendel, founder and chairman emeritus of CommScope,” reports Streetwise Reports. Ed Breen is sometimes called “The Breakup King”, having transformed numerous corporate entities, like Tyco International, and DowDuPont into more efficient focused companies. “ This model aligns perfectly with that of Jericho Energy Ventures, a small company that Breen has invested in,” stated AllPennyStocks on the Globe & Mail platform. “Breen identifies companies with potential for hidden value trapped within a complex structure. Through divestitures, mergers, or strategic splits, he unlocks this value, allowing investors to benefit from the focused potential of the newly formed entities.” "Should this spin-out come to fruition,” concluded Williamson. “We believe existing JEV shareholders stand to benefit from the growth prospects of owning both pure-play H2 and Oil & Gas enterprises, with each focused on maximizing value and becoming a leader within its sector." Disclaimer: Jericho Energy Ventures paid GSN $1,500 CND for the research, writing and dissemination of this content. Contact: guy.bennett@globalstocksnews.com Full Disclaimer

May 14, 2024 04:20 PM Eastern Daylight Time

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Beeline's Miguel Vega: "The Dream of Owning a Piece of America is a Dominant Theme in the Latino Community"

Beeline

May 14, 2024 – TheNews w ire – Global Stocks News – Beeline – a fintech mortgage lender – recently announced the launch of their Spanish-speaking home loan experience. The initiative, dubbed 'Colmena' (hive in English) is aimed at breaking down the barriers to homeownership for Latino communities. According to the U.S. Census Bureau, The U.S. Hispanic population has reached 62.1 million, accounting for 19% of all Americans. The custom machine learning models at Beeline will allow its AI GPT-powered mortgage chatbot to instantly respond to mortgage enquiries using a Spanish conversational interface. “Beeline recognizes the unique challenges faced by Latino families in accessing affordable housing and navigating a mortgage,” states the PR. “With 'Colmena', they aim to bridge this gap.” Spearheading the 'Colmena' initiative for Beeline is Miguel Vega, who has 25 years as a U.S. Hispanic market consultant and is a National Affordable Housing Advocate — Miguel is of Mexican-Texan heritage. “Serving the Latino community is a big opportunity for Beeline,” Vega told Guy Bennett, the CEO of Global Stocks News (GSN). “The largest segment of growth in homeownership is in the Hispanic market.” “Latinos tend to live with their parents in multi-generational family households,” Vega explained. “There’s an economic and cultural dimension to this. You need to understand both. The dream of owning a piece of America is a dominant theme in the Latino community.” Beeline is a young technology & finance company that has quickly found traction in the competitive mortgage landscape. Click Image To View Full Size “A lot of Latinos have difficulty qualifying for traditional mortgages,” Beeline CEO Nick Liuzza told GSN. “This is connected to their heavy participation in the gig economy.” “Half of all immigrants are engaged in independent work,” confirms the DC Journal, “Earning part-time or full-time income through consulting, delivery services, nursing, ride-sharing, dog-walking — you name it.” Without regular pay-stubs and long-term employment contracts, established, financially secure gig workers often find it difficult to qualify for a traditional mortgage. Legacy banks have underestimated the power and size of the gig economy, and the Hispanics that underpin it. The Bank of America (BOA) measures “gig-type income” through direct and debit card deposits. Freelancers are typically paid in cash, by cheque or e-transfer. “Is the peak of the gig economy now behind us?” asks The Bank of America (BOA)? The short answer is “No”. “The gig economy is expanding 3x faster than the total US workforce,” reports Team Stage. “Over 50% of the US workforce is likely to participate in the gig economy by 2027.” Beeline is filling in a gap in services left by legacy banks. Spanish speaking workers play a disproportionately large role in the gig economy. Click Image To View Full Size Source: https://www.zippia.com/advice/gig-economy-statistics/ “Gig workers are judged on old models of assessing risk,” stated Liuzza, “Colmena is going to introduce a wider spectrum of products than most lenders, allowing Latino borrowers a higher probability of success in landing a mortgage.” In addition to the usual conventional, FHA (Federal Housing Administration) and VA (Veteran Affairs) loans offered by many lenders, Beeline can provide Latino borrowers debt service coverage ratio (DSCR), bank statement, bridge and fix-n-flip loans that have already proved popular with other gig workers. “Spanish speakers will be automatically routed down a Spanish customer journey just for them and matched with a bilingual loan officer with certain loan documents in Spanish initially,” states Beeline. "Colmena will feature tailored mortgage products that are culturally aligned to addressing the specific needs and preferences of Latino homebuyers plus educational resources to promote homeownership and empower individuals and families to achieve their dreams of owning a home,” said Vega. Bob, Beeline's AI chatbot already speaks Spanish when prompted, but the next version will instantly detect the language based on the question, give faster, more accurate Spanish answers about products and offer educational content to help Spanish speakers prepare. "Often, Latino home buyers aren’t aware of their options," stated Vega, "It's a popular belief that you need 20% down and a FICO of 800 to be in the homeownership game. It's our job to educate Latinos that their dream is a lot closer than they think — which goes to the heart of what Beeline does." Beeline’s digitized, automated, on-line mortgage application platform is well-positioned to bridge the gap between Latinos and home ownership. “Hispanic Americans are heavier social media users overall compared to non-Hispanic Americans,” states Civic Science. “As of July 2023, 85% of Hispanic Americans say they use social media to some extent, compared to 80% of non-Hispanic Americans. The widest gap is observed in Instagram usage. Click Image To View Full Size Instagram @gomakeabeelineespanol “Instagram, Facebook and TikTok are good platforms to reach the Latino community,” confirmed Vega. “We will use social media to introduce the 65 million US-based Latinos to Beeline’s products and services.” “Over the last few years, I helped 2,500 Latino individuals and families get mortgages,” recalled Vega. “Many of them were 2 nd and 3 rd generation Latinos. Even though they are fluent in English, the majority of them still have deep roots in their culture.” "At Beeline, we believe that homeownership should be within reach for all Americans, regardless of background or ethnicity," said Liuzza. "With Colmena we will be able to interact with thousands of Latino customers simultaneously, 24/7 at an extremely low cost, with Spanish speaking human help never far away.” “Helping Latinos achieve home ownership is rewarding work,” concluded Vega. “From this group of 2,500 Spanish speaking home owners, the default rate was zero. A lot of the Latino borrowers paid off their mortgages early. With Beeline’s technology and knowledge of the Hispanic community, we have an important role to play.” For more information about 'Colmena' go to: Website: www.makeabeeline.com\espanol Instagram @gomakeabeelineespanol Facebook https://www.facebook.com/gomakeabeelineespanol Contact: guy.bennett@globalstocksnews.com Full Disclaimer

May 14, 2024 04:15 PM Eastern Daylight Time

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Peninsula Energy Announces Substantial Resource Increase at Wyoming Uranium Projects

PENINSULA ENERGY LIMITED

Peninsula Energy CEO Wayne Heili joined Steve Darling from Proactive to share significant updates regarding the Mineral Resource Estimate (MRE) for the company's Lance Projects situated in Wyoming, USA, a region renowned for its prominence in uranium mining. The MRE, calculated based on In-situ Recovery methods, has undergone a substantial increase, now standing at 58.0 million pounds U3O8. This represents a noteworthy 7.8% uptick from the previous estimate of 53.8 Mlbs, attributable to the fruitful drilling campaigns conducted in 2023 within the Ross and Kendrick Areas of the Project. Heili underscored the strategic significance of this augmented resource base, particularly in light of ongoing initiatives by the United States government aimed at revitalizing domestic uranium production and bolstering the nation's nuclear fuel cycle capacity. As Peninsula Energy prepares for the resumption of commercial production at its Lance Projects, the timing of this resource enhancement couldn't be more opportune. Furthermore, the MRE expansion isn't merely confined to overall estimates but extends to specific areas earmarked for the Life-of-Mine economic study. In these designated zones, the Mineral Resource Estimate surged by a remarkable 19.6%, signaling promising prospects for sustained growth and operational viability. Looking ahead, Peninsula Energy has outlined comprehensive plans for additional delineation and development drilling endeavors across the Ross and Kendrick areas throughout the current calendar year. These initiatives will serve as crucial precursors to the preparation and dissemination of future updates to the JORC Code compliant Mineral Resource Estimate for the Lance Projects. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

May 14, 2024 03:55 PM Eastern Daylight Time

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