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Helium One Global on track with Itumbula West-1 extended well test, commences ESIA study

Helium One Global Ltd

Helium One Global Ltd CEO Lorna Blaisse and director of operations Mike Williams take Proactive's Stephen Gunnion through the latest progress on the company's Rukwa project in Tanzania. Blaisse told Proactive Helium One has initiated an environmental and social impact assessment study (ESIA), essential for converting its prospecting licence to a full mining licence, marking a significant advancement. This step follows the success of the Phase Two drilling campaign, where it achieved a 4.7% helium flow from the Itumbula West-1 well. The upcoming extended well test (EWT) is crucial for evaluating the project's value in the Rukwa Basin, facilitating the licence conversion process. The assessment, expected to take six months, is underway, running in parallel with preparations for the extended well test and a feasibility study. Williams said the company has appointed a production facilities management company and started a design study for a helium production plant. This plant aims to refine helium and manage logistics for transporting the product. The modular design will accommodate varying production rates, ensuring value for stakeholders. Preparations for the extended well test in the third quarter are on schedule, involving significant logistical and engineering efforts due to the importation of equipment from outside Tanzania, Williams added. Behind the scenes, work on converting the mining licence continues, encompassing a comprehensive feasibility report integrating various company departments. Close collaboration with the Tanzanian government and stakeholders is ongoing, with recent positive meetings with the Mining Commission highlighting the government's support for the project. With the acceleration of the project, Blaisse Helium One is expanding its team to manage the increasing workload and ensure the delivery of all project components, including the crucial feasibility study. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

April 11, 2024 07:18 AM Eastern Daylight Time

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Ballymore Resources unveils promising results from Dittmer gold project in Queensland

Ballymore Resources Ltd

Ballymore Resources Ltd (ASX:BMR) technical director David A-Izzeddin tells Proactive's Stephen Gunnion that initial assay results from a Stage 4 drilling program at the company's Dittmer gold project in north Queensland are very encouraging. The company has a number of projects in the area, which A-Izzeddin said is "remarkably under-explored," despite significant gold findings in the 1990s. Dittmer stands out for its history as a high-grade gold mining area in the late 1800s to early 1900s, with the Dittmer mine noted for its extraordinary gold yield. Ballymore's recent drilling programs have uncovered evidence suggesting the potential for substantial mineral deposits near the historic mine sites, with results indicating the presence of high-grade gold within a shear zone that appears to widen with depth. Further exploration and drilling efforts have identified promising structures and anomalies, suggesting an extensive mineralisation that remains open for exploration. The company plans to continue its exploration activities with surface drilling programs aimed at revealing the full potential of these areas, including the possibility of encountering porphyry copper systems as indicated by geochemical anomalies and historical data from nearby locations. With a recent $5 million investment from the Taurus Mining Royalty Fund, A-Izzeddin said Ballymore Resources is well-funded to advance its ambitious exploration projects. This financial support, part of an $11 million funding effort, enables the company to explore not only the promising targets at Dittmer but also other locations like Cedar Ridge. Although the primary focus remains on discovering significant mineral deposits, there's also the potential for initiating small-scale mining operations in the near term, leveraging the high-grade findings and proximity to existing infrastructure. Contact Details Proactive Australia Pty Ltd Proactive Australia Pty Ltd +61 431 597 771 writers.australia@proactiveinvestors.com

April 11, 2024 07:16 AM Eastern Daylight Time

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Altona Rare Earths announces strategic diversification with Botswana copper licence option agreement

Altona Rare Earths PLC

Altona Rare Earths PLC (LSE:REE) chief executive Cédric Simonet discusses the company's binding option agreements on the Sesana copper-silver project in Botswana with Proactive's Stephen Gunnion. The project is situated within the Kalahari Copper Belt, close to the recently opened Khoemacau copper-silver mine. The licence spans approximately 274 square kilometres and is in a promising location given its proximity to other significant discoveries in a relatively underexplored belt. Simonet noted that the Kalahari Copper Belt shares similarities with the Central African Copperbelt but has been less explored due to its coverage by the Kalahari sands. Recent advancements in geophysical and geochemical investigation methods now allow for effective exploration in this region. Airborne geophysical surveys conducted around the Sesana project have identified promising geological formations indicative of potential mineral deposits. These findings have positioned the project as a key component of Altona's diversification strategy, aimed at stabilising the portfolio amidst fluctuating rare earths markets. The diversification includes a focus on copper due to its market stability and the maturity of the copper industry, which offers better valuation and investor understanding compared to rare earths. The option agreement for the Sesana project is structured in three phases, starting with a one-year exploration phase leading to potential drilling activities aimed at resource definition. This strategic move is part of Altona's broader efforts to manage market risks associated with rare earths by incorporating copper into its portfolio, alongside continuing its commitment to the Monte Muambe rare earths project in Mozambique. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

April 11, 2024 07:13 AM Eastern Daylight Time

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Futura Medical targets global expansion with Eroxon, eyeing profitability in 2024

Futura Medical PLC

Futura Medical PLC (AIM:FUM, OTC:FAMDF) CEO James Barder tells Proactive's Stephen Gunnion about a strategic shift and refresh for the company in 2023, marked by the successful launch of Eroxon in the UK and Belgium, generating £3.1 million in revenues, FDA marketing authorisation in the US, and an exclusive marketing rights deal with Haleon for Eroxon in America. These achievements have broadened Futura's global distribution network to approximately 80%, excluding China. The company aims to establish a new sexual health category within the OTC market, leveraging Futura's R&D expertise. The specific launch date in the US with Haleon remains undisclosed due to competitive sensitivities, targeted within a year from the end of February. Pre-launch processes involve ensuring manufacturing capacity, engaging key opinion leaders, product positioning considering cultural sensitivities, and aligning with retailer schedules. Objectives for this year include expanding into at least 14 new countries in the first half, exploring opportunities in Asia, particularly China, and extending Eroxon's product range while focusing on cost management. Barder, reflecting on Futura's transition from a loss-making R&D firm to a pathway towards profitability, expresses optimism for continued progress in 2024. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

April 11, 2024 07:10 AM Eastern Daylight Time

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EARNZ targets decarbonisation opportunities under turnaround expert Bob Holt

Earnz PLC

Earnz PLC (AIM:EARN) executive chairman Bob Holt tells Proactive's Stephen Gunnion that the company aims to position itself in the energy services sector with a focus on energy advisory, regeneration, and net zero (EARNZ). Holt, known for his success in building companies such as Mears Group and turning around businesses in the energy sector, took control of a cash shell recently to establish Earnz. The company’s strategy revolves around capitalising on decarbonization and carbon capture opportunities, with Holt already having invested in related ventures before acquiring the shell. Earnz is eyeing investments and acquisitions in the energy services and Net Zero sectors, specifically targeting businesses that align with the transition from gas to alternative heating solutions and broader decarbonization efforts. Holt, emphasizing his history of success in "man in a van" businesses, suggests Earnz will likely pursue acquisitions that fit this successful model. While Earnz is currently a cash shell and cannot disclose specific targets, Holt mentions ongoing discussions with a number of businesses. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

April 11, 2024 07:07 AM Eastern Daylight Time

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Helix Exploration's David Minchin eyes helium riches in Montana after oversubscribed IPO

Helix Exploration PLC

HeLIX Exploration PLC (LSE:HEX) chairman David Minchin joins Proactive's Stephen Gunnion following the company's listing on London's AIM market, a significant milestone for the company. Minchin told Proactive that Helix Exploration is engaged in helium exploration in Montana, focusing on the Ingomar Dome, spanning over 16,500 acres. The company boasts a P50 resource estimate of 2.3 billion cubic feet of helium, with potential upside exceeding 6 billion cubic feet. This venture is substantially de-risked by historical drilling evidence of gas across target reservoir horizons. Notably, several formations have shown promising gas presence, setting a solid foundation for drilling activities slated for the third quarter of this year as the company aims for first production by end-2025. Minchin said the Initial Public Offering (IPO) was notably oversubscribed, raising £7.5 million against a target of £3.5 to £5 million, leading to a market capitalisation of approximately £12 million. This capital will finance the drilling and appraisal of a well, alongside an extended flow test. The significant interest is partly attributed to CEO and founder Bo Sears, a renowned figure in helium exploration with over 25 years of experience in the field. HeLIX Exploration aims to leverage the helium market's robust dynamics, highlighted by a compound annual growth rate (CAGR) of 20% in helium prices over the past decade and high demand from both Chinese importers and US end-users, Minchin said. The company plans to position itself advantageously within this market, particularly benefiting from the US Chips Act, which is expected to boost domestic demand for helium due to increased semiconductor manufacturing. Investors can anticipate several milestones in the near term, including the commencement of a scoping study, drilling activities in Q3, and the initiation of an extended flow test. These efforts are expected to culminate in significant developments towards the construction phase and the enhancement of HeLIX Exploration's project pipeline within the Montana helium fairway. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

April 11, 2024 07:04 AM Eastern Daylight Time

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European Green Transition debuts on London Stock Exchange with strong investor support

European Green Transition PLC

European Green Transition (LON: EGT) CEO Aiden Lavelle and CFO Jack Kelly joined Proactive's Stephen Gunnion as the company started trading on the London Stock Exchange after raising over £6.45 million, surpassing its initial target. The funds are seen as a strong market endorsement of EGT's business model aimed at developing a green economy asset portfolio across Europe. This portfolio includes projects from metals refining and recycling to potential solar and wind assets, with a focus on acquiring distressed assets to complement their 100% owned projects. A key asset is the Olserum rare earth deposit in Sweden. Lavelle, a chartered geologist with 16 years of industry experience, particularly in Sweden, highlighted the significance of rare earth elements in the green transition, noting their crucial role in high-efficiency motors, electric vehicle motors, and wind turbines. The market for these elements is expected to double over the next decade. The Olserum asset, with an initial focus on a historic resource of 7.8 million tonnes at 8.6% rare earth dioxide, is part of this strategic positioning. Kelly outlined the company's M&A model focused on acquiring distressed and undervalued green economy assets in Europe, de-risking them, and then selling them with a structure that includes upfront cash and future royalty interests. The company has identified post-IPO M&A opportunities across critical minerals, wind, and solar projects, along with rehabilitation and processing projects. EGT is currently exploring a range of these opportunities, including a mine and processing facility currently in administration and a potential rehabilitation project in Western Europe. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

April 11, 2024 07:02 AM Eastern Daylight Time

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Trust & Will Enhances Advisor Platform for Streamlined Estate Planning

Trust & Will

Trust & Will, the leading digital estate planning and settlement platform in the U.S., introduces significant enhancements to its Trust & Will for Advisors platform, serving over 11,000 financial advisors nationwide. With a focus on simplifying estate planning and probate, Trust & Will for Advisors offers comprehensive solutions encompassing wills, trusts, and probate services. The latest features include: Estate Reports: Visualizations of clients' estate plans, providing advisors with automated insights into assets, succession, and planning opportunities. Estate Summary: Client-centric summaries detailing key estate decisions, ensuring advisors maintain visibility and adaptability as clients' circumstances evolve. Personalized Client Insights: Tailored insights derived from clients' estate decisions, facilitating proactive engagement and fostering lasting advisor-client relationships. Legacy Contact: Client-assigned read-only access for designated individuals to assist during the settlement process. New Dashboard Design: Introducing a sleek, user-friendly interface tailored exclusively for financial advisors. Dedicated Support Team: A committed support team providing seamless onboarding for financial professionals utilizing the platform. "We're excited to expand our product offerings tailored for financial advisors, enhancing their ability to serve clients effectively," says Andres Mazabel, Head of Advisors at Trust & Will. "By incorporating direct feedback from our advisor network, we've reimagined the advisor experience from start to finish. These new features empower advisors with enhanced visibility into their clients' holistic financial landscapes, fostering enduring and impactful relationships." Financial professionals can register for a free webinar on April 17, 2024, to learn more about Trust & Will for Advisors. In conjunction with these enhancements, Trust & Will conducted a study to explore generational preferences in financial advisory services amid the impending Great Wealth Transfer. Key findings from Trust & Will’s 2024 Annual Study: “ Planning Through the Pressure: The Millennial Approach to Estate Planning ” include: More than half of Millennials and Gen Z (57%) express interest in working with financial advisors for estate planning, suggesting a generational shift towards professional guidance. A striking 28% of respondents, predominantly from Gen Z (48%), express a preference for using the same financial advisor as their parents or family members. Almost a quarter of respondents (23%) included hiring a financial advisor as part of their 2024 or 2025 financial goals. For the complete study results, please visit http://trustandwill.com/study. Since its inception in 2017, Trust & Will has facilitated estate planning for nearly 700,000 families, safeguarding sensitive financial information through bank-level encryption and SOC 2 Type II compliance. With a network exceeding 11,000 financial advisors, Trust & Will remains the largest estate planning platform tailored specifically for financial professionals in the U.S. # # # Study Methodology For general population data, Trust & Will worked with OnePoll to survey a nationally representative sample of 1,000 Americans aged 18 and older from March 12-13, 2024. ABOUT TRUST & WILL Trust & Will is simplifying estate planning and settlement with attorney-approved, legally valid documents and processes designed to adhere to individual state guidelines. Since 2017, we’ve helped hundreds of thousands of Trust & Will members leave their legacy with an affordable way to create an estate plan or settle the estate of a loved one. Our platform uses bank-level encryption that protects customer data and complies with the highest security standards, including SOC 2 and HIPAA. Trust & Will is a certified B Corporation and is the official estate planning benefit provider for AARP members, along with several leading financial institutions, who all believe in our mission of helping every family leave their legacy. To learn more, visit trustandwill.com. Trust & Will is an online service providing legal forms and information. Trust & Will is not a law firm and does not provide legal advice. Contact Details Trust & Will Danielle Nuzzo +1 631-807-7772 danielle@trustandwill.com Company Website https://trustandwill.com

April 11, 2024 07:00 AM Eastern Daylight Time

CURE ALZHEIMER’S FUND HONORED WITH FUNDRAISER

Alzheimer’s Disease Research Foundation

Cure Alzheimer’s Fund, a nonprofit dedicated to funding the most promising research to prevent, slow or reverse Alzheimer’s disease, is honored to be the recipient of donations raised by the Hamilton and Bowdoin Colleges’ women’s lacrosse teams. The Continentals from Hamilton College @hamiltonwomenslacrosse in Clinton, New York, were hosted by NESCAC rival Polar Bears from Bowdoin College @bowdoinwlax in Brunswick, Maine on Saturday, March 30. The teams joined forces to dedicate their game to raising awareness and contributions for research in honor of those who have been impacted by Alzheimer’s disease. More than $900 was raised for research. “Over the course of their lives, women are more likely to be both caregivers and patients impacted by Alzheimer’s disease,” said Meg Smith, CEO of Cure Alzheimer’s Fund. “These young women inspire us by educating their communities about this relentless disease and our work to end it, and by taking control of their futures and reducing their own risk of dementia through education and exercise.” There are 6.9 million people in the United States—and 50 million people throughout the world—currently living with an Alzheimer’s diagnosis, and experts estimate there may be as many as three times more people living with the disease who have not yet been diagnosed. Both men and women develop Alzheimer’s disease, but two-thirds of all patients are women, and women are frequently the primary caregivers for spouses, partners, parents and others with the disease. “I am grateful to have partnered with my friend, Liz Grote, and her Bowdoin Lacrosse team,” said Patty Kloidt, coach of the Hamilton Women’s Lacrosse team. “She and I, along with members of our teams have experienced loved ones who suffered from this disease. We want our communities to be aware of the Cure Alzheimer's Fund and consider supporting their amazing work. Too many people, including caregivers, are suffering from this horrible disease. Please spread the word about the Cure Alzheimer's Fund and join in the fight for our future generations.” Cure Alzheimer’s Fund is a non-profit dedicated to funding the most promising research to prevent, slow, or reverse Alzheimer’s disease. Since its founding in 2004, Cure Alzheimer’s Fund has provided more than 833 grants to more than 300 of the world’s leading researchers and contributed more than $199 million to research. Its funded initiatives have been responsible for many key breakthroughs in understanding the causes and pathology of Alzheimer’s disease. Cure Alzheimer’s Fund has received a 4-star rating for more than 12 consecutive years from Charity Navigator. Our Board of Directors, Trustees, and a core group of other donors direct their donations to our overhead expenses so that 100% of general donations go to our research program. For more information, visit https://www.curealz.org/. To learn about the impact of Alzheimer’s on women and women working towards a cure, visit https://womenandalzheimers.org. Contact Details Cure Alzhiemer's Fund Barbara Chambers +1 978-417-9890 BChambers@CureAlz.org Company Website https://curealz.org

April 11, 2024 07:00 AM Eastern Daylight Time

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