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Hydrogen Utopia announces game-changing RTO of international bio-energy company

Hydrogen Utopia International PLC

Hydrogen Utopia International PLC (LSE:HUI, OTCQB:HUIPF) CEO Aleksandra Binkowska discussed the company's reverse takeover of Helmond Holding Group, which is in the process of changing its name to Essential Energy Holding Group, emphasising the transformational nature of the acquisition. Helmond operates in the renewable energy sector, focusing on biofuels and bioenergy, with a strong presence in Argentina. The company aims to dominate the bioenergy market and contribute to global decarbonization efforts. With a turnover of $350 million and a conservative profit estimate of $40 million, Helmond's financial health is robust. Binkowska highlighted the strategic fit between the two companies, noting Helmond's established bioethanol business and recognition of hydrogen as the future of energy. The deal involves a reverse takeover, valuing the combined entity at £500 million. Shareholders of Hydrogen Utopia will receive both cash and shares in the new company, with additional shares contingent on the success of the technology. Binkowska will remain on the board to ensure the technology's implementation, benefiting from Helmond's resources, including land, utilities, and permits. The deal's completion is anticipated by May or June, pending regulatory approval and due diligence. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

February 28, 2024 04:09 AM Eastern Standard Time

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Powerhouse Energy says landmark deal with National Hydrogen of Australia is a game changer

Powerhouse Energy Group PLC

Powerhouse Energy Group PLC (AIM:PHE) CEO Paul Emmitt tells Proactive's Stephen Gunnion that a five-year framework agreement with National Hydrogen of Australia is a significant milestone for the company and an endorsement of its proprietary waste-to-energy technology. Emmitt said the two companies have collaborated on feasibility and engineering assessments over the past two and a half years, with intense due diligence conducted on the technology. This collaboration has led to the technology being shortlisted by a major Japanese entity, further validating Powerhouse Energy's solutions. The agreement, initially expected to cover projects in Australia, has expanded to include Hong Kong, Italy, and Switzerland, thanks to undisclosed partnering entities. This deal is notable for requiring no upfront funding from Powerhouse Energy; instead, it operates on a fully funded front-end engineering design model that transitions into a licensing and royalty agreement. This shift significantly reduces financial burdens on Powerhouse and secures its involvement throughout project development and execution phases. Under the agreement, Powerhouse will develop the entirety of the facilities for each project, from feedstock processing to hydrogen export, leveraging its intellectual property in sim gas control. This involves close collaboration with yet-to-be-selected EPC contractors and a guarantee of the output quality of sim gas from the processing kiln. Emmitt highlighted the partnership's potential to set new benchmarks in the hydrogen industry, emphasizing the importance of integrated waste processing and hydrogen distribution networks. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

February 28, 2024 03:10 AM Eastern Standard Time

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Metals One outlines strategic vision for critical metals supply at Black Schist Project in Finland

Metals One PLC

Metals One PLC (AIM:MET1) CEO Jonathan Owen joined Proactive's Stephen Gunnion with an update on the company's strategy for its Black Schist projects in Finland, aiming for economic extraction of assets. The goal is to develop a 200 million-tonne resource over the next 24 to 36 months, targeting a mine life of 20 years with an annual production of 20 million tonnes. Currently, Metals One has identified 20 million tonnes at one site (R1) and 16 to 24 million tonnes at another (P5), both offering significant expansion opportunities. The company is also exploring regionally, having recently pegged new ground for further development. Recent drilling programs have yielded encouraging results, including notable intersections of mineralized black schist, extending the mineralization further east. This has led to the acquisition of additional ground for future exploration. Metals One aims to quickly elevate the P5 target from an exploration target to a mineral resource, leveraging unassayed historical drill cores to potentially increase the resource size without additional drilling. The company has also identified new targets for exploration, with the K1 site scheduled for drilling in the coming months. The long-term vision is to become a supplier of critical metals for Europe's green transition, addressing the EU's structural deficit in the supply of critical minerals for battery production and other green technologies. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

February 28, 2024 03:07 AM Eastern Standard Time

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Plexus introduces new wellhead neck seal product; a game-changer in oil and gas well maintenance

Plexus Holdings PLC

Plexus Holdings PLC (AIM:POS) CEO Ben van Bilderbeek joined Proactive's Stephen Gunnion with details of a new replacement tubing hanger neck seal product, aimed at enhancing the maintenance capabilities of surface wellhead systems to a higher leak-proof standard. This technology, developed for a specific customer through a sponsored R&D project faced leakage issues between the xmas tree and the wellhead, allows for upgrading wellhead and tubing hanger standards to reduce future maintenance and leak-related needs. Utilising Plexus' proprietary HG Seal technology, which is based on the proven scientific principles of Hertzian Stress Theory, the neck seal provides a permanent solution to seal leaks and is designed to be adaptable for both Plexus' products and those of conventional wellhead competitors. The innovation seeks to extend the operational field-life of wellheads by ensuring a stable sealing environment that prevents leakage without the need for disassembly and potential shut-ins. Van Bilderbeek highlighted the company's strategy to market this technology both organically and potentially in the future by way of licensing to other wellhead companies, aiming to address the widespread need for maintenance upgrades in the oil and gas industry, particularly for gas surface applications where conventional injected sealants are less effective and are known to fail over time. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

February 28, 2024 03:04 AM Eastern Standard Time

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HTX and TradingView Deepen Cooperation with the Markets Functionality Launched, Enhancing an Efficient Trading Experience

HTX

HTX, a global leading digital assets trading platform, recently announced a strategic partnership with the integrated trading platform TradingView, aiming to comprehensively achieve API-powered integration of trading functionalities and jointly build a more powerful digital asset trading ecosystem. The collaboration will facilitate an enhanced and efficient trading experience for investors. The Markets Feature is Live to Improve Trading Efficiency The access to trading functionalities via APIs allows investors to customize their trading strategies, manage assets, and analyze data with more trading tools and more tailored trading experience. Whether beginners or professional traders can benefit from this integration to enhance trading efficiency and investment returns based on their specific needs. This partnership with TradingView empowers HTX users to access more comprehensive, accurate, and timely market information. HTX users now can gain direct access to all HTX assets, real-time market updates, price trends, indicators, etc. via TradingView's data service interface, providing valuable support for their investment decisions. HTX Levels up Trading Experiences Through Global Partnership According to HTX's spokesperson, this partnership leverages the strengths of both parties to create additional trading opportunities and value-added services for users. This collaboration also marks one of the initiatives by HTX to enhance trading experience. Moving forward, HTX will continue to prioritize user satisfaction and consistently optimize trading functionalities to elevate the overall trading experience. The exchange's goal is to build a free, seamless and efficient financial hub in the metaverse for global users. This collaboration not only enhances trading experience and efficiency for HTX users but also provides innovative trading tools and services, enabling flexibility, convenience, and efficiency in trading. The two parties will reinforce innovation and competitiveness within the digital asset trading sector, offering cryptocurrency enthusiasts and investors more convenience and choices. HTX has reportedly been adhering to the strategy of "global development" since its brand upgrade. The exchange aims to provide users with safe, reliable, and diversified digital assets trading experience through constant refinement of innovative technology, compliant and safe operation mode, and friendly and open ecosystem collaboration. Furthermore, HTX is continuously committed to expanding its business presence to more regions worldwide, elevating their global reach and fostering user growth at a larger scale. About HTX Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, we harbor global capabilities that enable us to provide users with safe and reliable services. Our growth strategy - "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance", underpins our commitment to providing quality services and values to virtual asset enthusiasts worldwide. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

February 28, 2024 02:14 AM Eastern Standard Time

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Navigating the North: A Look at Nordic Gambling Casino Laws in 2024

AM Europe

The Nordic countries - Denmark, Finland, Norway, Sweden, and Iceland - are known for their progressive approach to governance, and gambling laws are no exception. While each nation has its own unique framework, they share certain commonalities, making the region a fascinating case study for responsible gambling regulations. Let's delve into the current state of Nordic gambling laws in 2024: Similarities across the Nordics: State Monopoly Roots: Traditionally, all Nordic countries had state-run monopolies on gambling activities. While this is still largely true for land-based casinos and lotteries, online gambling has seen significant liberalization. Focus on Responsible Gambling: All Nordic countries prioritize responsible gambling practices. This includes measures like age verification, deposit limits, self-exclusion programs, and awareness campaigns. Licensing Systems: Each nation operates a licensing system for online gambling operators, ensuring compliance with regulations and responsible gambling standards. Taxation: Gambling activities are subject to taxation in all Nordic countries, generating revenue for the government. Individual Country Nuances: Denmark: Currently undergoing significant legislative changes, including a B2B licensing regime, expanded powers for the Danish Gambling Authority, and stricter measures against match-fixing. Finland: Maintains a state monopoly on most gambling activities, with limited exceptions for online operators. Norway: Has the strictest regulations, with only state-run Norsk Tipping offering legal gambling options. Sweden: Implemented a new Gambling Act in 2019, further details on utländskacasinomedbankid.net, opening up the online gambling market to licensed operators while emphasizing responsible gambling practices. Iceland: Offers state-run lotteries and sports betting, with limited online gambling options under strict regulations. Recent Developments: Sweden: In December 2023, a court ruled that a gambling operator must reimburse a customer's losses due to targeted marketing despite the customer's gambling addiction, highlighting the focus on responsible gambling enforcement. Denmark: Proposed changes include a new revenue-based fee structure for licenses and expanded data collection to combat money laundering and match-fixing. Looking Ahead: The Nordic gambling landscape is constantly evolving. With ongoing legislative changes and a focus on responsible gambling, these countries remain at the forefront of regulating this complex industry. As technology and consumer preferences continue to develop, it will be interesting to see how Nordic gambling laws adapt to ensure a safe and responsible environment for all stakeholders. Contact Details Ilse Gustavsson Ilse@teleworm.fi

February 28, 2024 02:00 AM Eastern Standard Time

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Alkane Resources increases Tomingley extension gold reserves to 664,000 ounces

Alkane Resources Limited

Alkane Resources Ltd managing director Nic Earner sits down with Jonathan Jackson in the Proactive studio to discuss the large increase in reserves at the Tomingley Gold Extension Project, where that increase has come from and what it means for the company's mining plans. Earner addresses the adjustments in the resource statement compared to previous reports, highlighting the importance of these changes and the factors contributing to them. He also looks at the prospects for further expansion in Alkane Resources' reserves and resources, examining the potential for growth and the company's strategies moving forward. Earner said: “The updated Roswell reserve is the latest step in the development of the Roswell orebody as the new source of ore for Tomingley. First stoping from Roswell is expected in April as soon as the regulator has given approval to the relevant management plans. “The higher grades expected to be mined at Roswell, together with the paste plant under construction should lift production to the run rate of 80,000 ounce per annum level. This is the first stage in the pathway to regularly producing over 100,000 ounces per year at Tomingley.” Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

February 27, 2024 03:45 PM Eastern Standard Time

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Island Pharmaceuticals to raise $1.95 million for ISLA-101 development

ISLAND PHARMACEUTICALS LIMITED

Island Pharmaceuticals Ltd (ASX:ILA) CEO and managing director Dr David Foster joins Jonathan Jackson in the Proactive studio to discuss the company’s $1.95 million raise and developments around ISLA-101, its leading drug candidate. Dr Foster provides an overview of ISLA-101, focusing on its intended purpose and potential impact, before speaking about the allocation of funds, particularly towards the analysis of data from the Phase 1 dose-escalation study. He also discusses the outcomes of this study, including the safety and tolerability of the drug, and what these results signify for the company. Money will also be used to advance a Phase 2 clinical trial. Dr Foster details the steps involved in this and what the company aims to achieve in this next phase of research. Finally, he looks ahead to the upcoming quarter, discussing the milestones and developments Island Pharmaceuticals anticipates. “We are delighted with the support shown by existing and new sophisticated and professional investors to this offer and are very pleased to extend the offer on the same terms to all eligible shareholders," Dr Foster said. "Funds raised will be used to analyse the Phase 1 dose and prepare for the planned Phase 2 clinical trial. If the options issued under the offer are exercised funds will advance our Phase 2 efficacy study for ISLA-101 with respect to dengue fever, which will define an exciting and critical period for the company.” Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

February 27, 2024 03:40 PM Eastern Standard Time

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Galileo Mining set to drill in April with $10 million in the bank

GALILEO MINING LTD

Galileo Mining Ltd (ASX:GAL) managing director Brad Underwoood sits down with Proactive’s Jonathan Jackson to discuss the completion of high-powered induced polarisation (IP) geophysical surveys on three of 12 planned lines at the North Callisto prospect within its Norseman Project in Western Australia. The data is expected to provide drill targets for the upcoming drill campaign at North Callisto which is set to kick off in April. Meanwhile, IP surveying will continue for the next few months over the project’s underexplored South Callisto and Mission Sill prospects, aiming to identify undercover sulphide deposits. With $10.4 million in cash in the bank, Galileo is very well funded to undertake its upcoming exploration programs. “Work at our Norseman Project has been moving quickly over the last month as we continue to undertake extensive geophysical surveys and field mapping programs, Underwood said. "The breakthrough discovery of the PGE-nickel Callisto deposit in 2022 has opened up the strong possibility of new discoveries within our highly prospective 254 square kilometre Norseman land position. "As the discoverer of a new deposit, Galileo has a unique first mover position to aggressively explore the area for new high-value resources and we are very excited to be exploring within such a prospective region of Western Australia with its long history of exploration and mining successes.” Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

February 27, 2024 03:30 PM Eastern Standard Time

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