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US Gold Corp's Edward Karr says gold's rally is a game changer for junior miners

US Gold Corp

US Gold Corp (NASDAQ:USAU) founder Edward Karr discusses the current gold market and company prospects with Proactive's Stephen Gunnion. Karr highlighted the gold price reaching new all-time highs at approximately $2,400 per ounce, which he sees as a positive trend for the industry, particularly beneficial for junior mining companies. Despite recent fluctuations, the industry remains highly profitable at these levels. Karr shared insights from the European Gold Forum in Zurich, noting a decrease in investor attendance compared to previous years, which he interprets as indicative of a "stealth bull market." Karr expressed optimism for future gold prices, emphasizing strong fundamentals despite potential headwinds from high interest rates and a robust US dollar. He believes that gold's resilience in the current geopolitical and economic climate suggests further upward potential. Karr also pointed to increased central bank and Asian market purchases as signs of sustained demand. Discussing US Gold Corp specifically, Karr detailed the promising economics of its flagship CK Gold Project in Wyoming, which is close to production with anticipated permits. He cited a sensitivity analysis indicating significant valuation increases at current gold prices. The company’s projects in Nevada and Idaho also stand to benefit greatly from the current gold market, potentially leading to enhanced company valuations and increased mergers and acquisitions activity in the sector. Contact Details Proactive Canada +1 604-688-8158 action@proactiveinvestors.com

April 15, 2024 02:25 PM Eastern Daylight Time

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Diversified Energy achieves significant sustainability milestones in 2023

Diversified Energy Company PLC

Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) Senior Vice President of Sustainability Teresa Odom discusses the company's sustainability efforts and achievements with Proactive's Stephen Gunnion. Key highlights from the company's fifth annual sustainability report include a 33% year-over-year reduction in methane intensity and the retirement of nearly three times as many wells in 2023 as two years prior, including both company and third-party wells. The company has also contributed over $2 million to community programs and improved its sustainability performance, notably in reducing motor vehicle accidents. Over the past five years, Odom said Diversified Energy has focused on quantitative and qualitative improvements in reporting, achieving its interim methane intensity reduction targets ahead of schedule, aiming for a 50% reduction by 2030 based on 2020 levels. The company's social responsibility efforts include over $2 million in grants, 32 university scholarships, and 18 summer internships. With a workforce of 1,600, Odom noted that Diversified Energy promotes diversity through unconscious bias training for managers and recruitment initiatives. Looking ahead to 2024, the company plans to focus on methane intensity reduction and compliance with new US regulations, while continuing community engagement and sustainable business growth. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 15, 2024 01:55 PM Eastern Daylight Time

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Bango says positive momentum from 2023 has continued into 2024

Bango PLC

Bango PLC (AIM:BGO, OTCQX:BGOPF) CEO Paul Larbey takes Proactive's Stephen Gunnion through the company's 2023 performance, highlighting revenue growth of 62% to $46.1 million and a 29% increase in adjusted EBITDA to $6.4 million, slightly above the range provided in a January trading update, partly due to FX reclassification. A notable achievement was the 77% growth in recurring revenue for the Digital Vending Machine (DVM). This improvement has provided a solid foundation for future expansion, Larbey said. The full integration of the company's Docomo Digital acquisition promises significant future cash generation and profitability. The acquisition has also realised £21 million in annualised cost synergies, with additional savings identified. DVM, identified as a growth engine, has seen an expansion, with nine new contracts signed, increasing the total to 18 by year-end, and an additional four in the first quarter of 2024. This growth has propelled the ARR from £5 million at the end of 2022 to £11 million by the end of Q1 2024. Larbey said Bango's market position has been strengthened in North America, with the company now holding contracts with three of the top five operators, and it is exploring opportunities beyond telecommunications, venturing into financial services. The company maintains a positive outlook for 2024, with analyst forecasts suggesting a 16% revenue growth, a target already surpassed in Q1 with a 20% growth. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

April 15, 2024 01:42 PM Eastern Daylight Time

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Intra Energy Corp further improves Maggie Hay Hills lithium prospectivity

INTRA ENERGY CORPORATION LIMITED

Intra Energy Corporation Ltd (ASX:IEC) managing director Ben Dunn speaks with Proactive’s Jonathan Jackson about the significant progress with lithium exploration efforts at Maggie Hays Hill in the Lake Johnston Greenstone Belt in Western Australia.Following recent rock chip sampling, IEC has received “outstanding” assays of lithium, tantalum, niobium, caesium and tin, confirming the high prospectivity of the site. The results have notably included eye-opening levels of caesium, indicating potential new avenues for exploration success.Dunn said the results not only confirmed compelling lithium targets but also the presence of key pathfinder elements used in identifying such targets.The company has scheduled a first-pass reverse circulation (RC) drilling program for the June quarter to further test these targets. Dunn expressed optimism about the program's potential.Additionally, IEC has lodged a heritage survey request with the Ngadju Native Title Group, ensuring compliance with local regulations and respect for indigenous lands. The proximity of the project to a new lithium processing hub being developed by Mineral Resources on an adjacent property further enhances the strategic value of the Maggie Hays Hill Project.#ProactiveInvestors #IntraEnergyCorp #ASX #Lithium #CriticalMinerals #Niobium #MaggieHaysHill #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews Contact Details Proactive Investors Proactive Investors +61 413 713 744 jonathan@proactiveinvestors.com

April 15, 2024 01:30 PM Eastern Daylight Time

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CoverSelf appoints Ashish Singh, Advisory Partner at Bain & Company, as Board Director

CoverSelf

CoverSelf, a unified platform for healthcare claims and payment integrity, is today announcing the appointment of Ashish Singh, Advisory Partner at Bain & Company, as Board Director. This development comes on the heels of the company’s recent close of a $8.2 million seed round. Ashish is a well-known and deeply respected Bain & Company leader. He led Bain’s global Healthcare and Life Sciences (HLS) practice from 2012 to 2018 and served two terms on Bain’s global Board of Directors in the same time period. Ashish also founded Bain & Company’s India office and was at its helm as Managing Director (2005-2011) and Chairman (2011-2014). Over the years, he also co-founded Bain’s Enterprise Software, Media & Entertainment, Pharmaceutical and Payer practices. Ashish’s expertise lies in corporate and BU strategies, market entry strategies, operational improvement, organisational effectiveness, M&A, healthcare IT, and large-scale corporate transformation programs. “We are thrilled to welcome Ashish onboard as our Board Director. He is a veteran in this space and brings invaluable experience in formulating overall strategy and US GTM strategy, as well as in-depth knowledge of the US healthcare system and health plans. Not to mention, his broad network of relationships across the industry will benefit us in the long term,” said Rajasekhar Maddireddy, Co-founder of CoverSelf. “We’ve been busy since our funding announcement. We are already live as the secondary editor in three health plans, with an expansion to another four over the next six months in the works. We are in full-scale implementation with a top 10 health plan, and executing a PoC with a Top 5 health plan. These are showing remarkable results, wherein the platform is processing 25 times more claims in the same time window than was done earlier. We will soon start initial moves into markets adjacent to the payment integrity (PI) space via collaboration with a focused set of partners to bring broader integrated solutions to our clients.” CoverSelf was founded in 2021 by US healthcare domain experts Rajasekhar Maddireddy and Raghavendra Pawar to tackle the ever-increasing claims inaccuracies and waste. The company aims to democratize the healthcare claims and payment integrity industry by creating a first-of-its-kind, fully open and transparent solution that empowers payment integrity teams in health insurance companies (payers) to transparently resolve health claims with hospitals and medical practices (providers). CoverSelf’s purpose-built platform utilizes multiple approaches, including the smart use of GenAI, to reduce waste while identifying new savings opportunities. The platform empowers payers to adapt to claims and payment inaccuracies by enabling them to configure their policies and logic in simple English-like language or use simple policy-specific templates, overcoming the fear of losing IP and fostering innovation and new concept releases without technical dependencies. “According to recent reports, the $9 billion PI industry has grown at around 7% CAGR in recent years. This just shows the inherent complexity of the billing processes. The truth is, over the years, there has been a perceptible negative impact on providers' experience with payments, and trust in payers has taken a significant hit. This has resulted in ballooning waste and improper payments. Given this scenario, I’m glad to lend a helping hand to CoverSelf’s mission,” said Ashish Singh, Board Director of CoverSelf. “I will work closely with the co-founders and top management to increase Coverself's visibility amongst healthcare payers and technology partners and also bring my expertise to assist them in corporate and market strategy. What we are doing in CoverSelf is not just building a product that is looking to solve a few pain points; we are on a once-in-a-lifetime mission to truly democratize healthcare claims and payment integrity and restore faith in the US’s healthcare ecosystem!” About CoverSelf CoverSelf is a generational leap forward in healthcare claims and Payment Integrity architecture, built from the ground up for healthcare-specific use by passionate domain experts and strong technology professionals with decades of experience in addressing the pain points faced by Providers and Payers when dealing with the latest technological advancements. Founded in 2021, CoverSelf’s Payment Integrity Platform engages modern technologies to address payment leakage & claims inaccuracies while remaining transparent & accessible to Payers. The platform empowers payers to prevent and adapt to the ever-evolving claims & payment inaccuracies. We also help you reduce complexity and administrative costs with our unified healthcare dedicated platform. Contact Details CoverSelf Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.coverself.com/

April 15, 2024 09:59 AM Pacific Daylight Time

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Autonomix Medical Inc. Covered in Benzinga Article Highlighting Innovative Nerve Treatment Technology

Autonomix Medical, Inc.

New York, April 15, 2024 - (Plato Data) -- Benzinga has published a new article on Autonomix Medical Inc. (NASDAQ: AMIX), featuring the company's groundbreaking approach to peripheral nervous system (PNS) disorders. The Benzinga article delves into the critical role of the PNS in human health and highlights how Autonomix Medical is pioneering with its catheter-based microchip sensing array technology. The article provides a comprehensive look at how Autonomix Medical is redefining treatment protocols for nerve-related disorders. By targeting the root causes associated with the PNS, rather than just managing symptoms, Autonomix Medical's technology offers a novel solution that combines both detection and ablation of problematic nerves in a single procedure. This approach, likened to a "GPS" for nerve treatment, allows for precise identification and treatment of the nerves involved, enhancing the accuracy and effectiveness of procedures. In a notable application, the company is focusing its efforts on managing pancreatic cancer pain—a condition notoriously difficult to treat due to its proximity to critical nerves. The technology's high sensitivity in detecting neural signals—up to 3,000 times greater than existing technologies—promises not only to improve outcomes in pain management but also to significantly reduce the need for opioids, addressing a major public health challenge. This exposure in Benzinga underscores the potential of Autonomix Medical's technology to transform the field of electrophysiology and pain management, potentially tapping into a market exceeding $100 billion. As the company progresses with its clinical trials, the successful implementation of its technology could revolutionize treatment approaches for a wide range of diseases, offering hope to millions of patients worldwide. To read the full article, click here. More Pancreatic Cancer News: ⦁ Candel Therapeutics, Inc. ((Nasdaq: CADL) announced that the FDA has granted Orphan Drug Designation to their advanced biological immunotherapy, CAN-2409, for treating pancreatic cancer, following promising phase 2 clinical trial results that more than doubled median overall survival when added to standard care. ⦁ RenovoRx, Inc. (Nasdaq: RNXT) announced an $11.1 million private placement, extending their financial runway into 2026, which will support the continuation and completion of their pivotal Phase III TIGeR-PaC clinical trial for pancreatic cancer. This funding also facilitates the expansion of their Trans-Arterial Micro-Perfusion (TAMP) clinical development pipeline into additional cancer indications. Note: The details provided in this press release are based on information featured in the Benzinga article and do not constitute forward-looking statements. Contact Details Bryan Feinberg / Amplifi Zephyr@platodata.io

April 15, 2024 12:03 PM Eastern Daylight Time

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Oworkers Celebrates a Decade of Excellence in Multilingual BPO Services

Prodigy Press Wire

Oworkers, a leading provider of business process outsourcing (BPO) services, commemorates 10 years of providing top-notch solutions designed to meet its clientele's diverse needs. Founder Stephane Guillemin has propelled the company to the forefront of the industry, positioning it as a global leader in socially responsible outsourcing. Initially, Oworkers focused on providing data entry and processing services in its nascent stages. It immediately gained momentum, expanding its service portfolio and including content moderation and artificial intelligence-related (AI) services, such as annotation. This development enabled Oworkers to become a frontrunner in delivering BPO solutions customized to meet the shifting needs of its clients. Its team of seasoned experts with over 25 years of collective experience in the industry allows Oworkers to serve clients from various industries and sectors, from aggregators and marketplaces to Commerce platforms and AI companies. In 2017, Oworkers obtained ISO 9001 certification, showcasing its commitment to quality and adhering to international standards. It also attained ISO 27001 accreditation four years later. It is significant to note that throughout its remarkable journey, the company has established delivery centers in strategic locations across the globe. Oworkers capitalized on Antananarivo, Madagascar's growing reputation as a prime destination for data processing outsourcing services and focused on French and basic English projects. The region then became the center of the firm's operations, known for its cost-effectiveness and high-quality deliverables. The innovative outsourcing company also found an ideal setting for its multilingual BPO operations in Plovdiv, Bulgaria, in 2020. The city boasts Europe's lowest operating costs and a pool of highly skilled multilingual talents, making it an ideal location for Oworkers to continue its mission of solidifying its position as a premier BPO solutions provider within the Eurozone. Oworkers also seized the opportunity to leverage Cairo, Egypt's rich talent pool and favorable business environment, and established another multilingual BPO services center. Because of its diverse workforce proficient in Arabic, English, Italian, Spanish, Greek, and Turkish, Oworkers' Cairo headquarters became renowned for its efficiency, reliability, and outstanding linguistic capabilities. Besides its initiatives for growth and expansion, Oworkers stands out for its commitment to the well-being of its employees. "Many BPO providers fail to prioritize the welfare of their annotators. We at Oworkers recognize that our success relies on our employees. We do our best to create a conducive work environment for them. This means a great work atmosphere, a balanced work-life ratio, and no overtime demands," Guillemin supplies. Oworkers' low employee turnover rate, which stands at 1.7% in 2023 compared to the industry average of around 20%, attests to the company's success in fulfilling its mission of prioritizing its employees' well-being, professional development, and overall welfare. This high retention rate is one of the drivers of Oworkers' long-term stability and growth. The company also demonstrates dedication to socially responsible outsourcing practices by employing full-time staff rather than freelancers or subcontractors. Because it operates in countries like Madagascar and Egypt, where the majority of its workforce consists of women, Oworkers helps empower countless families to break free from the cycle of poverty and achieve a higher standard of living. As it celebrates its 10th anniversary, Oworkers looks forward to continuing its journey of innovation and redefining the standards of excellence in the BPO industry. "We promise to remain dedicated to delivering value-driven solutions that drive operational efficiency and enhance client satisfaction," Guillemin assures. Media Contact Name: Ravaka Rasoelinirina Email: marketing@oworkers.com Release ID: 993485

April 15, 2024 11:30 AM Eastern Daylight Time

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Imugene opens enrolment for Bile Tract Cancer expansion study

IMUGENE LIMITED

Imugene Ltd (ASX:IMU) CEO Leslie Chong sits down with Proactive’s Jonathan Jackson to discuss enrolment for a pivotal expansion study targeting bile tract cancer (cholangiocarcinoma) patients. This follows the successful completion of the fifth high-dose cohort in the intratumoural arm of the VAXINIA monotherapy dose escalation study, which evaluates the effectiveness of the cancer-killing virus CF33-hNIS (VAXINIA).Chong gives insight into the new phase of the study, particularly given VAXINIA's promising results in gastrointestinal cancers. Notably, the trial has already seen remarkable outcomes, including one patient with cholangiocarcinoma achieving a complete response and another maintaining stable disease.The expansion trial, known as the MAST trial, aims to enrol 10 patients and is part of Imugene’s broader efforts to advance its innovative oncological treatments. Previous phases have demonstrated significant positive responses, especially in gastrointestinal cancers, further underscoring the potential of VAXINIA.Additionally, this week, Imugene will present VAXINIA at the 2024 Cholangiocarcinoma Foundation Annual Conference. The company continues to gather support for its cutting-edge therapies, which have so far shown no safety concerns across various cancer types, including thymic carcinoma and triple-negative breast cancer. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

April 15, 2024 11:15 AM Eastern Daylight Time

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West Red Lake Gold CFO Harpreet Dhaliwal Explains Exactly How the Gold-Linked Notes Work

West Red Lake Gold Mines Ltd.

April 15, 2024 – The Newswire – Global Stocks News – In a press release dated April 4, 2024, West Red Lake Gold Mines (TSXV:WRLG) (OTC:WRLGF) announced that it has closed a second and final tranche of its private placement of gold linked notes, bringing the total value of notes issued to US$27,165,631, equivalent to about $37 million CAD. “Gold-linked Notes (GLNs) are a type of equity-based structured note,” states DBS Treasures, “Similar to Equity Linked Notes (ELNs), except the underlying [asset] is gold, rather than stocks.” Each Offering Unit contains notes worth USD $1,000 and 710 warrants. Each warrant entitles the holder to purchase one share of WRLG at C$0.95 until March 19, 2029. “The Notes represent unsecured obligations of the Company, bear a 12% per annum coupon, calculated and payable quarterly in arrears, and will mature on December 31, 2029,” states WRLG. “The gold-linked notes are an unusual but innovative financing structure,” WRLG CFO Harpreet Dhaliwal told Guy Bennett, CEO of Global Stocks News (GSN). “The key advantage of this structure is that in depressed equity markets it allows us to raise money with minimum share dilution.” “We evaluated 4-5 different financing options,” continued Dhaliwal. “And found the gold-linked notes to be the best option for our existing shareholders. Shane Williams, our CEO and I personally invested in the gold-linked notes.” Dhaliwal explained to GSN that for the next two years, the gold-linked note holders will receive 12% interest per annum, about 280% higher than the yield on a Canada 2-year government bond. As the debt repayment begins on March 31, 2026, gold-linked note holders will continue to be paid 12% per annum on the remaining balance, until it is paid off on December 21, 2029. “With the gold-linked notes,” Dhaliwal continued, “You have five years expiry on the warrants. Our share price has risen about 27% since we closed the first tranche of gold-linked notes of March 20, 2024, to 94 cents. If West Red Lake Gold share price rises, say another 40% in the next five years, to $1.31, the warrants will be an additional significant sweetener”. “If the gold price drops to $1,600/ounce you will still get the $1,800 minimum,” stated Dhaliwal. “So, there’s protection there. But if the gold price stays at $2,300, where it is now. That’s a delta of $500/ounce, which goes into the pocket of the investor. That’s a 27% premium, in addition to the 12% interest, and the.95 warrants.” Click Image To View Full Size   WRLG Gold-linked Notes Transaction Highlights Gold placed in escrow into a gold trust account   Beginning March 31, 2026, principal reduced on a quarterly basis.   Final payment on December 31, 2029.   Notes will amortize based on a gold floor price of US$1,800/ounce.   Excess proceeds (spot price - floor price) paid to investors as a premium.   The company’s flagship asset - The Madsen Gold Mine – is fully permitted, with a brand-new 800+ tonne per day mill, a tailings and water treatment facility. [ 1 ] On April 9, 2024 WRLG announced the arrival of a second underground diamond drill at the Madsen Mine. “The addition of a second underground drill at Madsen will expedite our efforts in de-risking the resource and building a runway of high-confidence mineable inventory that will be critical during restart of mining operations,” stated Shane Williams, WRLG President & CEO.” Previously announced highlights on the North and South Austin drilling can be viewed at the following links: West Red Lake Gold Intersects 27.15 g/t Au over 10.28m and 22.31g/t Au over 8.5m at North Austin Zone – Madsen Mine (November 21, 2023)  West Red Lake Gold Intersects 47.44 g/t Au over 3.2m, 21.64 g/t Au over 7m and 296.83 g/t Au over 1m at South Austin Zone – Madsen Mine (December 5, 2023)  West Red Lake Gold Intersects 9.15 g/t Au over 3.3m and 10.66 g/t Au over 2.6m at North Austin Zone – Madsen Mine (February 7, 2024)  West Red Lake Gold Intersects 25.12 g/t Au over 5.5m, 39.46 g/t Au over 2m and 18.60 g/t Au over 4m at South Austin Zone – Madsen Mine (March 4, 2024)  Click Image To View Full Size   “There were three good reasons to buy these gold-linked notes,” stated Dhaliwal. “1.  You want the 12% return on your capital investment.  2. You believe the stock price of WRLG will rise above.95 cents and 3. You believe the spot price of gold will rise.” “I’m an employee of WRLG, so my opinion is biased,” Dhaliwal concluded. “But, as an investor, it was not a difficult decision for me to participate in the gold-linked notes.” References: SRK Consulting. (2021). Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada (West Red Lake Gold Mines, Ed.) [Review of Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada.   Contact: guy.bennett@globalstocksnews.com Full Disclaimer

April 15, 2024 09:00 AM Eastern Daylight Time

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