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The Indian Medical Association Recognizes iLearningEngines And Oculis Services' Innovative, AI-Driven First Responder Program

Benzinga

By Kyle Anthony The Indian Medical Association (IMA), the largest represented organization of doctors of the modern system of medicine in India, recognized iLearningEngines (NASDAQ: AILE) and Oculis Services for their joint venture program focused on first responder training for teens. The objective of the program is to empower students aged 14-18 with the necessary skills to make a significant difference in emergencies. The hybrid model combines AI-supported online modules with personalized in-school training programs. Instilling Preparedness Launched in September 2023, the First Responder Program is a comprehensive initiative that not only equips students with the skills and confidence to act swiftly and effectively during emergency situations but also contributes to the creation of a safer and more prepared community. With over 30 schools already registered, the program is a key part of those schools’ extracurricular programs, preparing students to become competent and confident first responders. Indian Medical Association Acknowledgement The Indian Medical Association recognized iLearningEngines and Oculis Services for their pioneering efforts in teaching life-saving skills to the youth. The IMA recognizes the significance of empowering students with practical emergency response techniques. Regarding the IMA’s acknowledgment and praise of the First Responder Program, Ratish Nair, AVP of Sales & Business Development of iLearningEngines, stated, “The collaboration between iLearningEngines and Oculis Services reflects our shared vision of leveraging technology and education for the greater good. We are honored to be recognized by the Indian Medical Association for our joint efforts in empowering the next generation of first responders.” About iLearningEngines iLearningEngines is an Applied AI platform for learning and work automation that empowers its enterprise and education for customers to “productize” their institutional knowledge, improve efficiency and drive better, mission-critical business outcomes. The company operates at the intersection of three large and growing markets: global artificial intelligence, global e-learning and hyper-automation. Recently, the company announced that it officially joined the broad-market Russell 3000® Index, as of the opening of trading on July 1, as well as other related indexes. The annual Russell U.S. Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30th, ranking them by total market capitalization. Membership in the U.S. all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective market-capitalization rankings and style attributes. Featured photo by Khyta on Unsplash. 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

July 05, 2024 08:45 AM Eastern Daylight Time

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Bitdeer (NASDAQ: BTDR) Secures Leading ASIC Market Position With All-Stock FreeChain Acquisition

Benzinga

By Gerelyn Terzo, Benzinga While the capital markets are currently facing constraints, mergers and acquisitions are alive and well in the Bitcoin mining industry. Most recently, Bitdeer Technologies (NASDAQ: BTDR) announced its blockbuster acquisition of crypto Application-Specific Integrated Circuit (ASIC) design company Desiweminer, also known as FreeChain, in a $140 million all-stock transaction. Since the deal was revealed, Bitdeer’s stock price has rallied, rising from $7.01 on June 5th to its current price of over $11. Investors can think of FreeChain as the Nvidia (NASDAQ: NVDA) of the blockchain space, as it builds the chips that other companies use in Bitcoin-mining activities. According to forecasts, demand for ASIC Bitcoin mining chips is poised to hit $25.7 billion in the next eight years, and Bitdeer, with revenue of $368.6 million in 2023, seems poised to capture more market share. The stock deal involved the exchange of FreeChain’s issued and outstanding shares for 20 million newly issued Bitdeer’s Class A ordinary shares. Among the conditions included in the agreement are that half of the Bitdeer shares issued to sellers can’t be transferred for six months from deal closing, while the balance of the shares must be held for 12 months. The combination of Bitdeer and FreeChain has been in the works for the better part of a year, as the Singapore-based Bitcoin miner vetted the target company, including its technology, engineering staff and supply chain strategy for months. As part of the deal, FreeChain’s workforce will be integrated into Bitdeer’s in Singapore, with plans to introduce newly integrated products immediately. As Bitdeer explained, the business combination is designed to further consolidate its position in the technology industry while accelerating its ASIC research and development capabilities. Bitcoin miners are rewarded in new bitcoins for securing the Bitcoin blockchain, which involves completing complex mathematical transactions using computing power. It’s a fiercely competitive field in which the equipment a miner uses, including a mix of a hash rate and computing power, makes or breaks their profitability. Bitdeer’s acquisition of FreeChain catapults it to a more competitive position in the ASIC-chip race, which is dominated by a few select industry players. In response to recent developments, Wall Street firm H.C. Wainwright maintained its buy rating on Bitdeer stock alongside a bullish $20 price target on the stock. Bitdeer Chief Business Officer Linghui Kong welcomed the deal, which is subject to closing conditions. He touted FreeChain’s accomplishments, not least the presence of 30,000 of its high-performance machines currently used in the market, positioning the company among the leading ASIC design groups on the planet. “Desiweminer’s remarkable achievements in ASIC design and their proven track record, with nearly 30,000 high-performance machines in the market, make them one of the top ASIC design groups in the world,” said Kong. Bitdeer And FreeChain Have Complementary Businesses Both Bitdeer and FreeChain are dedicated to Bitcoin mining, providing the infrastructure that miners need to continue securing the Bitcoin blockchain in an energy-efficient, low-cost and profitable way. FreeChain is behind cutting-edge ASIC chip technology design, fitting well with Bitdeer’s groundbreaking ambitions. In particular, FreeChain’s ASIC chip design supports advanced semiconductor processes at 4nm and below, which paves the way for Bitdeer to deliver its next generation of super-efficient Bitcoin mining chips in 2025. This is important because the industry standard is currently 5nm chips, which have been around for several years, while Bitdeer has successfully tested its 4nm Bitcoin mining chips, called Seal01. In addition to processing power, both companies are also focused on energy efficiency, delivering the most environmentally friendly ASIC chips possible for the energy-intensive process of Bitcoin mining. With a market cap of about $1.5 billion, Bitdeer is among the industry’s leading Bitcoin mining companies. Founder and CEO Jihan Wu was the maiden translator of Satoshi Nakamoto’s Bitcoin whitepaper into Mandarin and was a first-mover for ASIC technology in the Bitcoin mining industry. Investors who are looking to participate in the next wave of Bitcoin mining and ASIC technology might want to consider Bitdeer sooner or later, as the company is only just getting started. Featured photo by u_8t3emw1yia on Pixabay. 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

July 05, 2024 08:30 AM Eastern Daylight Time

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TNR Gold's Kirill Klip discusses $70m financing for McEwen's Los Azules copper project in Argentina

TNR Gold Corp

TNR Gold executive chairman Kirill Klip talked with Proactive's Stephen Gunnion about significant developments in the Los Azules copper project in Argentina, in which TNR holds a 0.4% net smelter returns royalty. Klip highlighted the recent $70 million financing round led by McEwen Copper, with Rob McEwen himself investing $5 million and McEwen Mining contributing another $14 million. This financing follows previous substantial investments by Rob McEwen, Rio Tinto, and Stellantis. Klip emphasised the importance of the project reaching a bankable feasibility study, expected in the first quarter of next year. The recent political changes in Argentina, with new pro-reform measures, are anticipated to benefit the project by reducing red tape and providing tax cuts. Additionally, Kirill mentioned an update from Fundamental Research Corporation that reiterated a buy rating for TNR Gold and increased its target price. This is based on the ongoing positive developments in the Los Azules project and the favourable business environment in Argentina. Klip also discussed potential valuations for TNR Gold's NSR royalty from Los Azules, comparing it to similar deals in the industry and highlighting the project's potential to generate significant royalty revenue. For more insights and updates on TNR Gold and the Los Azules project, make sure to visit Proactive's YouTube channel. Don't forget to give this video a like, subscribe to the channel, and enable notifications for future content. Contact Details v +1 604-688-8158 na-editorial@proactiveinvestors.com

July 05, 2024 08:00 AM Eastern Daylight Time

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Notcoin Continues To Freefall! Could 100x Breakout Presale Be The Answer For Bitcoin Whales?

Total Media

The continued fall of Notcoin has recently had the cryptocurrency market talking. It has recently seen its value plummet due to various factors, including market saturation and diminishing investor confidence. Amid this turmoil, Raboo offers a glimmer of hope with its 100x Breakout Presale, drawing the eyes of Bitcoin whales searching for lucrative new ventures. This presale isn't just a potential lifeline for distressed crypto investors; it's poised to catalyze significant shifts within the market. Read on as we discuss how Raboo's strategic move could redefine investment trajectories in the ever-evolving crypto landscape. Notcoin continues to freefall Notcoin has recently experienced significant market fluctuations, with a sharp decline of about 40% over the last month. This reflects the high volatility and speculative nature that often characterizes Play-to-Earn and meme-driven cryptocurrencies like Notcoin. These market dynamics highlight several issues impacting Notcoin's position in the cryptocurrency sector. The rapid changes in its value can erode investor confidence and make it challenging for long-term stability. If Notcoin fails to innovate or stabilize its market presence, it could face diminishing investor interest over time, which could have long-term detrimental effects on its valuation and utility. The broader impact on the market and investor trust revolves around this high volatility and the speculative nature of assets like Notcoin, which can lead to significant price fluctuations based on investor sentiment and market trends. Bitcoin's recent market performance Bitcoin's recent market downturn can be attributed to a few significant factors. With a 12.4% decline in the last month, one major contributor has been the large-scale selling by the German government, which has offloaded substantial Bitcoin holdings, triggering price volatility. A general slowdown in whale trading activity has also played a role. These whales have reduced their transactions drastically, indicating a cautious approach, which usually leads to decreased market liquidity and lowered prices. This downturn has led Bitcoin whales to explore other investment avenues, seeking higher returns with lower price volatility. New and promising projects like Raboo's 100x breakout presale are drawing attention as alternative investment opportunities. Bitcoin's fluctuations influence the broader crypto market, impacting investment strategies and the financial dynamics within the crypto space. Such shifts underscore the interconnected nature of the market, where significant moves by influential entities or changes in a leading cryptocurrency like Bitcoin can ripple across the entire ecosystem. Could 100x breakout presale be the answer for Bitcoin whales? Raboo's 100x breakout presale has captured the attention of major investors, including Bitcoin whales, thanks to its innovative use of AI technology and a robust community-driven approach. The presale highlights features such as AI-enhanced user interactions and a Post-to-Earn model, which incentivises user participation and content creation. Now in its fourth stage, priced at an attractive $0.0048, Raboo has experienced a 60% increase since its initial price offering of $0.003, with over $1.6 million raised, 10,000 registered users, and 2,900 token holders. This impressive growth showcases its appeal as a dynamic player in the evolving meme coin sector. The strategic maneuvers behind Raboo's presale include targeted marketing campaigns that leverage social media platforms and crypto forums to enhance visibility and attract a diverse investor base, distinguishing it from competitors like Notcoin, which has struggled amid market volatility and investor skepticism. Raboo's successful presale strategy contrasts Notcoin's challenges and positions it as a compelling investment opportunity for Bitcoin whales seeking high returns in the memecoin market. Conclusion As Notcoin navigates its market challenges, Raboo's 100x breakout presale emerges as a beacon for investors, especially Bitcoin whales seeking high-growth prospects. This shift could redefine investment strategies within the cryptocurrency sphere, illustrating the impact of innovative presales on broader market dynamics. Investors are advised to keep a close eye on Raboo's ongoing presale, which promises to influence the market's future trajectory and offer substantial returns. This pivotal moment could reshape how investments flow in the volatile crypto landscape. You can participate in the Raboo presale here. Telegram: https://t.me/RabootokenPortal Twitter: https://twitter.com/Raboo_Official Contact Details Total Media Solutions media@Totalsolutionspr.io Company Website https://rabootoken.com

July 04, 2024 01:00 PM Eastern Daylight Time

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Torr Metals' Filion gold project moves forward with three-year exploration permit

Torr Metals

Torr Metals (TSX-V:TMET) CEO Malcolm Dorsey joined Proactive's Stephen Gunnion after the government of Ontario granted a three-year exploration permit for drilling at its Filion gold project. This significant advancement allows the company to further develop the 260 km² project in northern Ontario, which benefits from excellent infrastructure, including access to the Trans-Canada Highway 11, rail, road, and power grid. The project operates out of Kapuskasing, negating the need for remote exploration camps and enabling low-cost exploration. Dorsey said the project, acquired through staking in October 2023, has shown promising early results. Torr Metals' exploration model identified structural controls and stratigraphy indicative of significant gold deposits. Historical high-grade samples, up to 91g per tonne gold, and initial reconnaissance programs have yielded encouraging results. Six gold soil anomalies were identified, with the largest anomaly having a strike length of 1,200 meters and a width of 250 meters. Soil assays returned up to 1.3g per tonne gold. With the exploration permit, Dorsey said the company plans to drill and extend the soil anomaly potentially to 2.5 km in length. Additional work may include soil sampling and ground magnetic surveys. Investors should expect updates on site mobilization and exploration program developments. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

July 04, 2024 12:03 PM Eastern Daylight Time

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News Release

American Eagle Gold Announces Significant Copper Discovery at NAK Project in British Columbia

American Eagle Gold Corp

American Eagle Gold CEO Anthony Moreau joined Steve Darling from Proactive to share exciting news about a potentially significant discovery of outcropping copper mineralization at the company's NAK project in west-central British Columbia. This discovery follows an Induced Polarization (IP) survey conducted in 2024, which highlighted a new area of interest known as the IP Embayment Zone. In response, American Eagle Gold deployed field teams to the IP Embayment Zone, where they identified three widely separated copper-bearing porphyry outcrops. Moreau elaborated on the findings, noting that drill hole NAK24-19, targeting the western margin of the IP Embayment Zone, encountered chalcopyrite mineralization at depths exceeding 700 meters. This mineralization is consistent with the outcropping mineralization and that found in NAK’s North and South Zone target areas. The company believes that these discoveries, along with the results from drill hole NAK23-09, drilled 300 meters northeast of the mineralized outcrop, provide compelling reasons to continue exploration and drilling activities in the IP Embayment Zone. These promising results underscore the potential for significant copper resources within the IP Embayment Zone, bolstering American Eagle Gold's commitment to furthering their exploration efforts. By continuing to drill and analyze this area, the company aims to better understand the extent and quality of the mineralization, which could lead to substantial advancements in their mining operations. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

July 04, 2024 11:36 AM Eastern Daylight Time

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Delivra Health CEO Gord Davey discusses Middle East expansion with new Dubai UAE sales territory

Delivra Health Brands Inc.

Delivra Health Brands Inc. (TSX-V:DHB) CEO Gord Davey discusses the company’s recent expansion efforts in the Middle East during an interview with Proactive's Stephen Gunnion. Davey highlighted a successful trip to Dubai, where Delivra has partnered to target the United Arab Emirates (UAE) as a new sales territory. This move aligns with the company's strategy to expand its brand presence in the region. Delivra's product, Dream Water, which is already registered as a drug product and widely available in pharmacies across Saudi Arabia, will now be distributed throughout the UAE. Davey acknowledged the challenges faced during the nine-month process of regulatory approvals but credited their local partner’s expertise in navigating these complexities. He emphasized the significant market potential in the UAE, driven by a growing population and widespread sleep issues, which Dream Water aims to address. Looking ahead, Davey mentioned ongoing efforts to expand into additional territories in the Middle East, although he did not specify which countries due to pending regulatory approvals. He assured that the company is committed to global growth and will continue to update shareholders on progress. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

July 04, 2024 11:01 AM Eastern Daylight Time

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Volta Metals Expands Lithium Holdings with Strategic Acquisitions in Northwestern Ontario

Volta Metals Ltd

Volta Metals CEO Kerem Usenmez joined Steve Darling from Proactive to announce significant expansions in the company's lithium project portfolio. Volta Metals has acquired additional mineral claims contiguous to its Falcon West Lithium Project in northwestern Ontario. These newly acquired claims cover a substantial surface area of 820 hectares, effectively merging with the company's Falcon West and Crescent Lake lithium projects. This consolidation results in an extensive and strategically important land package within the Seymour-Falcon Lithium Belt. Usenmez highlighted that Volta Metals now holds a 100% interest in these newly acquired claims. In exchange, the company has granted the vendors a 1.5% net smelter returns royalty. Further strengthening its position in the region, Volta Metals has also acquired the "Lee Creek" Project. This project is located within the same section of the Caribou Lake greenstone belt as Green Technology Metals' Seymour project and Midex Resources Ltd's Crescent Lake project. Both of these projects are noted for their outcropping lithium-bearing pegmatites, indicating promising potential for significant lithium resources. These acquisitions underscore Volta Metals' commitment to expanding its lithium assets and enhancing its exploration capabilities. By consolidating these properties, the company is well-positioned to capitalize on the growing demand for lithium, essential for battery technologies and the global shift towards renewable energy sources. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

July 04, 2024 10:57 AM Eastern Daylight Time

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Nextech3D.ai Expands into Specialty Retail E-Commerce with Wyvern Creations Partnership

Nextech3D.AI

Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to announce an exciting expansion of the company's 3D business into the specialty retail e-commerce sector. This development is marked by the onboarding of their new customer, Wyvern Creations, the largest independent crossbow dealer in the country. Wyvern Creations plans to convert all its products into 3D models, enhancing the online shopping experience for its customers. During the discussion, Gappelberg highlighted the accelerating growth of the 3D industry in which Nextech3D.ai operates. Wyvern Creations' owner reported that customer feedback has been overwhelmingly positive towards the integration of 3D augmented reality (AR). This technology allows online customers to view crossbows in their own homes before making a purchase, significantly enhancing the shopping experience compared to traditional web pages and reducing the necessity of physical store visits. Gappelberg emphasized that one of the key benefits of Nextech3D.ai's 3D modeling solutions is the ease of integrating 3D and AR assets on customer websites. The integration process for Wyvern Creations' online store was seamless, showcasing a wide range of crossbows using advanced 3D imaging. This allows customers to visualize and compare products in a realistic manner, including innovative applications such as video game tie-ins. The move to 3D models not only offers a significant upgrade to the online shopping experience but also positions Wyvern Creations at the forefront of retail innovation. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

July 04, 2024 10:40 AM Eastern Daylight Time

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