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Ilika chief executive Graeme Purdy discusses 2024 revenue growth and strategic milestones

Ilika PLC

Ilika PLC (AIM:IKA, OTCQX:ILIKF) chief executive Graeme Purdy discusses a trading update and the latest company milestones with Proactive's Stephen Gunnion. Purdy highlighted that Ilika's financial performance for the year ending in April is expected to be in line with projections, noting a significant revenue increase from £0.8 million the previous year to approximately £2 million. This growth is largely attributed to grant support for their Goliath development programme. He provided an update on the Goliath batteries, mentioning that they had reached a milestone in late 2023, which allowed them to start producing P1 prototypes for external evaluation. These prototypes are currently being tested, with results expected to be shared with partners soon. Additionally, Purdy touched on achieving lithium ion parity with their Goliath batteries, marking a significant technological advancement. He also discussed the progress with their Stereax product following a tech transfer and licence agreement with Cirtec in the USA, which is moving forward with the initial production line installed and operational. Purdy said investors can participate in a Q&A session with Ilika on 26 April at 11am BST on the Investor Meet Company (IMC) platform by registering here: https://www.investormeetcompany.com/ilika-plc/register-investor Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

April 24, 2024 10:54 AM Eastern Daylight Time

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ANGLE partners with AstraZeneca in groundbreaking oncology contract

ANGLE PLC

ANGLE PLC chief executive Andrew Newland joins Proactive's Stephen Gunnion with news the company has entered a significant contract with AstraZeneca, marking its second major collaboration with a large pharmaceutical company. Newland, expressed enthusiasm about this development, noting the contract's potential to expand ANGLE's services in oncology trials. The initial phase of the contract is valued at £150,000, but it holds substantial potential due to the possibility of implementing a new assay in numerous cancer trials involving AstraZeneca. The scope of the collaboration includes the development of assays for examining proteins on cancer cells across multiple trials, with potential earnings of £2,000 per time point in over 460 trials. The contract also enables ANGLE to further validate and possibly expand its FDA approvals, positioning it uniquely as a provider of comprehensive diagnostic solutions internationally. Looking ahead, the successful execution of the contract could lead to extensive financial gains for ANGLE PLC, ranging into the tens or even hundreds of millions of pounds, particularly as AstraZeneca's trials progress and its drugs approach commercial launch. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

April 24, 2024 10:52 AM Eastern Daylight Time

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Ecora Resources reports strong Q1 as it benefits from volume growth and rising commodity prices

Ecora Resources PLC

Ecora Resources PLC (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF) chief financial officer Kevin Flynn provides an update on the company's performance for the first quarter of 2024, highlighting strong results in line with expectations. In an interview with Proactive's Stephen Gunnion, Flynn noted significant volume growth, particularly from the Kestrel operations, expected primarily in the first half of the year. Commodity prices, especially for copper, have remained robust, contributing positively to the quarter's performance. Looking ahead, Flynn emphasised the potential for both organic growth and strategic acquisitions. Key projects like Voisey’s Bay and Mantos Blancos are expected to ramp up, with the latter seeing a debottlenecking initiative anticipated to drive further volume growth in the latter half of the year. The feasibility study for the Santo Domingo project is on track for completion in H1, and updates from BHP’s West Musgrave project are expected by August. Flynn also highlighted the company’s significant copper asset portfolio, boosted by recent acquisitions like the $20 million Vizcachitas project, positioning Ecora for long-term growth in the copper sector. Finally, he discussed the increasing engagement with the royalty model as an alternative financing solution in the mining industry, given the current scarcity of capital from traditional sources. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

April 24, 2024 10:49 AM Eastern Daylight Time

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Unlocking the secrets of whisky investment with Fah Mai's Jacob Carter

Fah Mai Holdings Group Inc

Fah Mai Holdings Group Inc UK head and manager of @whiskybullauctions Jacob Carter discusses the benefits of whisky as a stable and tangible asset in a volatile stock market environment. In an interview with Proactive's Stephen Gunnion, Carter highlighted that whisky appreciates in value due to its age, scarcity, and availability, offering an independent performance from economic conditions. He differentiated between bottles and casks, noting bottles provide more flexibility while casks require longer investment periods without annual returns but with potential for substantial appreciation. Carter also addressed the role of whisky in hedging against inflation, especially through supply constraints in the bottle market. He described bottles as more adaptable and easier to sell, providing liquidity to investors. In contrast, casks represent a longer-term investment but are less correlated to volatile stock movements. He further explained Fah Mai Holdings' investment opportunities, including direct cask purchases, fractional cask investments through Platinum Cask, and Whisky Bull Auctions for trading bottles. Carter stressed the importance of transparency, honesty, and investor education in their operations, especially as the company prepares for an IPO and undergoes independent auditing for international markets. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

April 24, 2024 10:47 AM Eastern Daylight Time

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Meme Coin Mania Is Back! These Memecoins Are Fuelling the Crypto Boom

Kangamoon

Meme coins are surging in value, and could fuel the next market run, and boom within the crypto sphere. However, there are many meme coins to choose from, so knowing how to diversify is essential in order to get the best possible returns out of the market. Three meme coins have stood out the most as of recently, including Shiba Inu (SHIB), Floki (FLOKI) and KangaMoon (KANG). Today, we will be conducting an in-depth analysis of each one to determine just how far they can rise, and to see what kind of returns investors can expect. By the end, we will determine which is one of the best meme coins to invest in during 2024. Shiba Inu (SHIB) Grows 164.5% – Can This Meme Coin Climb Further? Shiba Inu (SHIB) has been dominating the chart as a top-growth meme coin as of recently, as it managed to experience a year-to-date (YTD) climb of 164.5%. Moreover, within the span of a single week, the Shiba Inu price has gone up from a low point of $0.00002107 to a maximum value point at $0.00002762, which has positioned it as a major player with a 15.3% growth. Its spike has not stopped, as if it gathers further bullish attention, the Shiba Inu crypto could soon experience major price gains. Based on the Shiba Inu price prediction, it is projected that it can spike to a maximum point of value at $0.000058 by the end of 2024. Floki (FLOKI) Spikes 516.4% YTD – Is the Rise Over? Floki (FLOKI) has experienced a notable price uptrend as well, as its year-to-date (YTD) climb was by 516.4%. At this rate of growth, it is bound to essentially fuel the next crypto boom, especially as the Floki crypto has not stopped its growth even in the short-term. Specifically, according to the on-chart metrics, the Floki price has grown from a low point at $0.00013 to a maximum value of $0.000179. As a result, market sentiment is bullish on this memecoin, and while it's up 11.3% during the past week, according to the Floki price prediction, it can end 2024 at $0.000216. KangaMoon (KANG) Rises 290% and Has Over 20K Holders Fueled by Social-Fi Elements KangaMoon (KANG) has already seen over 20,000 registered users, and its native token is a part of the crypto wallets of over 5,800 holders as-well. Moreover, the presale has raised over $5 million and by the end of April, can pass the $6 million raised mark fueled by the massive level of interest and the massive KANG growth potential. Just during the past trading session, KANG spiked from $0.005 to $0.0196, rising by 290% and now at Stage 5 of its presale, is seeing rapid momentum. The key catalyst for this growth is its unique fuse of Play-to-Earn (P2E) elements, with a focus on the community, and Social-Fi elements. These aspects differentiate this meme coin from most competitors, as it features vast utility as a result of this. KANG is one of the memecoins that will enable anyone the opportunity to buy items, level up characters within the P2E game, and access the dedicated marketplace in which they can buy, sell or trade NFTs. As a result, sentiment is bullish and analysts project that it can spike to $0.5 by the end of Q2, 2024, making it one of the best meme coins to invest in. Summary It's clear that both Floki and Shiba Inu are dominant forces within the meme coin space, and 2024 has also been a bullish year for them. But many traders, investors and enthusiasts have begun turning their attention to the blockchain ICO of KangaMoon as it can redefine the meme coin space and even become a part of the major P2E gaming industry, expected to reach $885 million by 2028, making it the hottest project to jump into. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://Kangamoon.com/ Join Our Telegram Community: https://t.me/Kangamoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Disclaimer: The following disclaimer is important to read and understand before engaging with Kangamoon, a play-to-earn meme coin. By accessing or participating in any activities related to Kangamoon, you acknowledge and accept the terms outlined below: 1 No Financial Advice: This whitepaper and any associated content do not constitute financial advice, investment recommendations, or solicitation to purchase Kangamoon tokens. The information provided is for informational purposes only. It is your responsibility to conduct thorough research and seek professional advice before making any financial decisions. 2 Volatility and Risks: Cryptocurrencies, including Kangamoon, are volatile and subject to significant price fluctuations. Investing in or holding Kangamoon tokens involves substantial risks, including the possibility of total loss. Past performance is not indicative of future results. 3 Regulatory Compliance: The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Kangamoon. 4 Uncertain Market: The market for meme coins and play-to-earn platforms is highly speculative and subject to rapid changes. There is no guarantee of market demand, liquidity, or utility for Kangamoon tokens. Token values may fluctuate drastically and may not reflect the intrinsic value of the project. By continuing to engage with Kangamoon, you acknowledge and accept the risks and limitations outlined in this disclaimer. You should only participate if you fully understand and are willing to assume these risks. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

April 24, 2024 09:16 AM Central Daylight Time

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Amplifier Security emerges from stealth to bridge divide between the workforce and security with AI copilot and human-in-the-loop automation

Amplifier Security

Security teams rely on an ever-growing stack of security tools to keep their organization safe. Yet, coverage gaps and alerts across these tools do not get proper and timely attention because of the difficulty engaging company employees busy with their daily work to fix them. Today, Amplifier Security has launched from stealth with a $3.3m investment and the industry’s first AI-powered human-in-the-loop automation and security copilot that connects the dots between an organization’s existing security stack and their people. The pre-seed funding round was led by Cota Capital with participation from WestWave Capital and Shift Left Ventures, and included angel investments from industry luminaries and founders of Slack, MobileIron, Centrify, PeopleNet, Skyflow and Mercury. Enforcing security controls through automation gets pushback from users whose work is disrupted, for example, when a security patch update forces a system reboot during a critical workstream. Triaging security tool alerts means closing the loop with the end user to determine true versus false positives before taking disruptive actions - a truly burdensome process for everyone. Security teams do their best to navigate this complex situation — but it often leads to a strained relationship with the workforce. The Amplifier Security solution extends the value and effectiveness of existing security tools by empowering the entire company to work together towards a much faster response time that dramatically increases the security health and culture of an organization. Amplifier provides an engagement layer between existing security tools and the workforce through Ampy - a trusted copilot that acts as an AI security buddy who helps employees understand the risk they are creating for the organization and solves their security issues while balancing their productivity. Building on the experiences people are used to, for example with credit card companies verifying suspicious transactions, Ampy engages with employees, guiding them through security protocols based on real-time insights. This approach not only speeds up response times but also significantly boosts an organization's security posture by involving employees directly in the security process. Amplifier integrates with and enhances the effectiveness of existing deployed tools like identity security, MFA, endpoint security, vulnerability scanning and management, SaaS and cloud security, SIEM and security training; and makes adaptive human protection a reality for organizations. Ampy is backed by Amplifier’s human-in-the-loop automation platform, composed of a security data fabric, security hub and engagement studio. The platform integrates into all corporate security tools and normalizes data across those tools to contextualize and prioritize security risks and vulnerabilities. It then helps organizations translate those findings into actionable remediation engagements through Ampy. Amplifier helps every CISO, departmental leaders and individuals understand their security posture through intuitive personalized health scores and dashboards. It enables security teams with enforcement of 100% security tooling coverage across every employee and offloads countless hours of manual work to correlate data in spreadsheets, chasing down employees to triage alerts, getting users to maintain their security hygiene. Cal Henderson, co-founder of Slack: “The way we operated our corporate security engineering program closely aligns with the design principles at the core of Amplifier Security's vision. I’m a firm believer that engaging the workforce for security automation with a productivity platform like Slack is the only modern way to solve today’s dynamic cybersecurity threat landscape.” Amplifier Security was founded by Shreyas Sadalgi, CEO and Thomas Donnelly, CTO and President, who both have two decades of experience in enterprise security, IT and automation. Donnelly is a three-time CISO and CIO with over a decade of experience leveraging human-centric approaches and technology that transformed security in organizations. He firmly believes that in today’s dynamic and decentralized workplaces, CISOs need to completely rethink how their teams operate by allowing users to self heal their own security issues. Rather than security operating in the background and interrupting employee productivity at inopportune times, Amplifier delivers an incredible user experience that drives everyone in the workforce to participate in their own security. “There is a massive gap in the market that is preventing security practitioners from being successful. Most security tools aren’t built to engage users, as they’re always meant to work in the background.” said CEO and co-founder, Shreyas Sadalgi “Amplifier flips the script by engaging employees on behalf of all security tools in a more human-friendly way, where every end-user interaction is a two-way conversation with the right tonality, context, empathy and actionable information based on the security finding and the user role. Our vision is to shift the cybersecurity focus to include both technology and the people who use it, creating a balanced and more secure environment for businesses.” Gaurav Manglik, Partner at WestWave Capital commented: “The lack of human engagement in security automation is a missed opportunity to educate people on the why behind the risk of each security finding. Because of today’s hybrid and dynamic workplaces where everyone is moving fast in the spirit of hyperproductivity, this problem has become harder to solve at scale. After assessing the market for many years, Amplifier has done the best execution we’ve seen from a product and team perspective thus far.” Aditya Singh, Partner at Cota Capital added: “Security is fundamentally about both people and technology, yet the industry has largely built security tools focused solely on the technology element. Everyone knows that when it comes to cybersecurity in workplaces, engaging humans is the biggest opportunity. Amplifier answers the bell with its unique human-in-the-loop solution. We believe they are uniquely positioned to turn this trend into a movement that forward-thinking CISOs will embrace so that they can more efficiently and effectively manage enterprise security.” Amplifier has been engaged with security teams at over 15 companies as its marquee design partners; many who have been using its product in private betas and seeing daily value — hours saved every week toiling in spreadsheets, quick identification of tooling gaps in their environments, and the ability to self-heal common security issues. “Most organizations haven’t significantly changed their approach to threat management – keeping the old silos between those responsible for security monitoring and those responding to the rest of the employee base.” said Steve Mancini, Head of Security at Guardant Health. “Security teams can no longer operate this way. Security has to be embedded in every function, and that means empowering all employees to participate in security. Even with all the security automations, our employees are the best sensors of the unusual or anomalous at every level of our business. They enable us to quickly get context when we notice suspicious behavior and identify incidents faster based on their proactive observations.” Shawn Bass, ex-CTO, VMware End User Computing: “Most often humans in the workforce are not intentionally violating security practices maliciously. Often they're just trying to be as productive as possible and sometimes the Security and IT operations best practices are perceived to be getting in the way of that. Security teams struggle to solve these last mile problems because of the highly nuanced and manual effort it takes to loop in their workforce to fix tooling related problems. Amplifier is innovating on this hard unsolved problem, by empowering humans to participate and collaborate with security teams to triage and fix issues, all while having great productivity.” About Amplifier Security Amplifier Security enables companies to harness the power of AI and their workforce to secure their business. Its flagship product, Amplifier, is the industry’s first AI-powered human-in-the-loop automation and security copilot that connects the dots between your people and your existing security tools, so you can quickly address the most critical issues without harming productivity. With Amplifier, security and IT teams can gain a comprehensive understanding of their security health and collaborate with end users to enforce controls — leading to a faster response time that dramatically increases the security posture and culture of an organization. Amplifier is crafted with ♥️ in Atlanta and San Francisco. Learn more at https://www.amplifiersecurity.com/ Contact Details Amplifier Security Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.amplifiersecurity.com/

April 24, 2024 10:00 AM Eastern Daylight Time

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Shareholder to Return to Berkshire Hathaway Annual Meeting One Year After Arrest in Omaha

NLPC

As the annual meeting for Berkshire Hathaway Inc. on May 4 in Omaha approaches, National Legal and Policy Center Chairman Peter Flaherty plans a return to the same stage where last year, while presenting NLPC’s shareholder proposal, Warren Buffett cut off his speech and Flaherty was arrested. Trumped-up charges against Flaherty were later dropped. NLPC has another proposal on Berkshire’s 2024 proxy statement and Flaherty is scheduled to speak on the measure for his allotted five minutes. The nonprofit corporate watchdog released a short video that briefly recounts last year’s incident and points out Mr. Buffett’s contradictory positions on how he manages shareholder meetings. The video may be found on NLPC’s website: https://nlpc.org/corporate-integrity-project/video-nlpc-returns-to-berkshire-hathaway-annual-meeting-one-year-after-chairmans-arrest/ The video highlights a past statement Mr. Buffett made to CNBC. Responding to an interviewer’s question about Berkshire allowing investors who attend the popular annual meeting to ask any question they want, Mr. Buffett responded, “We’ve got a partnership feeling toward the people who have given us their money, and we don’t screen ‘em, and they can ask whatever’s on their mind.” However, last year Mr. Buffett made an exception to that principle when Peter Flaherty – during his official remarks presenting NLPC’s shareholder proposal, which was on the meeting agenda – brought up Mr. Buffett’s relationship with billionaire Bill Gates, their shared philanthropic efforts, and Mr. Gates’s troubling relationship with deceased pedophile Jeffrey Epstein. At that point, Flaherty’s microphone was silenced, and security and Omaha law enforcement forcibly walked him out of the arena and to a local police precinct, where he was arrested, booked, fingerprinted and held for about three hours. As NLPC argued last year in a report to the Securities and Exchange Commission, Berkshire’s identity is inextricably linked with Mr. Buffett’s. As such, his philanthropic activities and personal associations are fair targets for criticism, unlike those of nearly any other corporate Chairman/CEO. NLPC also filed a complaint with the SEC late last year over Berkshire’s inappropriate treatment of Flaherty at the meeting. “Warren Buffett boasts that shareholders can ask questions on any topic they desire, but I guess that doesn’t include questions about Bill Gates or Jeffrey Epstein,” Flaherty said. This year’s shareholder proposal addresses concerns about Berkshire’s risk vulnerabilities over the amount its sales and supply chain depend on China. Subsidiaries such as Duracell and Fruit of the Loom, and significant investments such as Apple and Coca-Cola, substantially depend on access to the communist nation. NLPC also filed a proxy memo with the SEC in support of this year’s proposal. The video released by NLPC concludes by wondering if Mr. Buffett will keep his word, and let all Berkshire investors say “whatever is on their mind.” For more information or to schedule an interview with Paul Chesser, contact Dan Rene at 202-329-8357 or drene@nlpc.org. Please visit http://www.nlpc.org. Founded in 1991, the National Legal and Policy Center promotes ethics in public life through research, investigation, education and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

April 24, 2024 09:00 AM Eastern Daylight Time

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CA1 CA2 Presents 4th Annual Photography Exhibition and Benefit in Support of The Egmont US Foundation

CA1 CA2

CA1 CA2 invites you to join us on Thursday, April 25th, from 6 pm to 9 pm, as we host our highly anticipated 4th annual photography exhibition and benefit in collaboration with The Egmont US Foundation. The event will take place at White Space Chelsea, situated at 530 W 25th Street between 10th and 11th Avenues. This year, CA1 CA2 proudly showcases a curated collection of prints generously donated by their acclaimed photographers, including Matthew Chaves, Victor Prado, Marion Grand, Michael Mundy, Hai Ngo, John Von Pamer, Brenton Carter and Anonymous. Each print is part of a limited run of five, making them exclusive collector's items. All proceeds from the sale of these prints will be dedicated to supporting the vital initiatives of The Egmont US Foundation. Additionally, 100% of donations made directly to The Egmont US Foundation will go towards aiding those affected by HIV and AIDS. The statistics surrounding HIV and AIDS are staggering, with 37.7 million individuals currently living with the disease. Often overshadowed by these figures is the profound impact on the most vulnerable members of society, particularly children. The Egmont US Foundation is committed to addressing this issue by investing in grassroots organizations that implement community-led initiatives. These initiatives provide direct assistance to those affected by HIV and AIDS on a local level. To date, The Egmont US Foundation, in collaboration with The Egmont Trust in the UK, has positively impacted 930,395 individuals across six countries. "I am deeply committed to a fundamental belief that all humans have a right to four essential needs - food, water, shelter, medicine. Our partnership with The Egmont US Foundation for our 4th annual photography exhibition and benefit exemplifies our dedication to this belief, and human welfare as a whole. Through the collective efforts of our community, artists and clients, we aim to raise funds and awareness for meaningful change.” - Beata Kanter, President of CA1 CA2 All prints can be purchased, and donations to The Egmont US Foundation can be made directly through this link: https://ca1ca2.com/benefit4 Join us on April 25th for an evening of art, philanthropy, and solidarity as we unite to make a difference in the fight against HIV and AIDS. About CA1 CA2: CA1 CA2 is a creative talent agency owned by Beata Kanter representing a leading group of artists; photographers, directors, stylists, a director of photography and retouching house. In addition to representation, they operate as a full-service production company specializing in beauty and still life. As a minority certified and woman owned business, the team is dedicated to supporting human welfare, inclusivity, and environmental sustainability. Clients include L’Oreal Paris, Estée Lauder, Kylie Cosmetics, Fenty Beauty, Montblanc and Dior. CA1 CA2 is committed to their artists and clients, offering cost-effective, intelligent, and creatively excellent service. www.ca1ca2.com @ca1.ca2 About The Egmont US Foundation: The Egmont US Foundation established in 2015 is a non-for-profit organization working to improve the lives of children and young adults with HIV / AIDS in sub-Saharan Africa, a region which accounts for 60% of all aids-related deaths worldwide. Areas of support by The Egmont US Foundation include improving livelihoods through improving nutrition and increasing incomes. The Egmont US Foundation works to improve access to education. They work to improve a healthier future including HIV treatment and care, testing and counseling and HIV and AIDS education. Finally, building safer communities is also priority specifically focusing on violence against women and preventing child abuse. The Egmont US Foundation is a US non-profit organization, tax exempt under Section 501(c)(3) of the US Internal Revenue Code and is governed by an independent board of directors. Gifts to Egmont US Foundation are deductible to the extent allowed by law. The Egmont US Foundation provides a tax-efficient way for US residents to support the life-changing impact this charity is achieving through its work. Directors volunteer their time and receive no compensation or reimbursement so 100% of donors’ gifts can support projects working to improve the lives of children affected by HIV and AIDS. www.egmontusfoundation.org For Press Inquiries Contact: Courtney Daniels COURTNEY DANIELS CONSULTING Courtney@cocodaniels.com www.courtneydanielsconsulting.com Contact Details COURTNEY DANIELS CONSULTING Courtney Daniels Courtney@cocodaniels.com

April 24, 2024 09:00 AM Eastern Daylight Time

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Borealis Teams Up With Sam’s Club, Feeding America To Fight Hunger, Food Insecurity In America

Benzinga

By Meg Flippin, Benzinga Food insecurity is a big problem in America, with 44 million people, including one in five children, facing food insecurity. In 2022, 49 million people, or one in six in the U.S. relied on food banks, food pantries and local charities to put meals on the table. Hunger affects all ages in America, from children to seniors, with millions more people one job loss, missed paycheck or medical emergency away from also facing food insecurity. To combat this problem, Feeding America® and Sam’s Club ® (a division of Walmart) are teaming up for the 11th year in a row for the Fight Hunger. Spark Change campaign. The campaign aims to raise money to fight food insecurity. New to the partnership this year is Borealis Foods Inc. (NASDAQ: BRLS), the newly public food tech company dedicated to crafting premium-quality, nutritious food solutions accessible to all. Through its Saluda, SC-based subsidiary, Palmetto Gourmet Foods, the company’s Chef Woo TM High Protein Ramen is available as of Apr. 1 for sale for the first time to 69 million members in the nearly 600 Sam's Club stores around the country. The Fight Hunger. Spark Change. campaign has raised more than $186 million over the past decade and has secured close to 1.9 billion meals for the Feeding America network of local food banks. Donations made during the campaign remain local, with purchases made in-store and online tied to the zip codes serving that area and going to a local Feeding America partner food bank. First High-Protein Noodle On The Market Borealis Foods says Chef Woo ramen is the first high and complete protein noodle, with 20g of plant-based complete protein, the equivalent of three eggs. The Chef Woo ramen uses a blend of plant-based protein, high-oleic sunflower oil, wheat flour and a variety of other legumes and grains to provide a high-protein option containing all nine essential amino acids. The ramen is fully plant-based with no animal byproducts, minimizing the company’s impact on the planet. Each package also contains 15% of an individual’s daily recommended iron intake. “We took one of the world’s quickest and most beloved meals and recreated it using simple, nutritious ingredients, like peas, instead of harmful chemicals and preservatives. Each cup of Chef Woo is jam-packed with complete protein, amino acids and essential nutrients,” the company said. Further, all of its products are certified vegan by the American Vegetarian Association. Making An Impact One Ramen At A Time Borealis said that for each specially-marked Chef Woo high protein ramen sold at Sam's Club from Apr. 1 to Apr. 29, Borealis will donate the monetary equivalent of at least five meals to Feeding America. Currently, $1 helps provide at least 10 meals secured by Feeding America on behalf of local partner food banks. The partnership with Feeding America and Sam’s Club underscores the company's commitment and focus on fighting food insecurity and helping people across the U.S. Given the amount of protein in Chef Woo, the company hopes it can make a real impact in the fight against food insecurity and malnutrition. “As a result of our partnership, we have increased our production capacity to meet the increased orders. We are honored to stand alongside Sam’s Club and Feeding America in the vital mission to alleviate hunger in our communities," said Reza Soltanzadeh, CEO of Borealis. “At Borealis, we believe that access to nourishing food is a fundamental human right, and this initiative exemplifies our dedication to creating positive change." For more on Borealis’ mission to fight hunger and malnutrition, see this recent podcast interview with Soltanzadeh on the Apple platform. Other well-known brands participating in the campaign include Kraft Heinz Company (NASDAQ: KHC), Kellogg’s (NYSE: KLG) and Hellmann’s. Featured photo by dragana991 at iStock. 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 24, 2024 08:50 AM Eastern Daylight Time

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