Anson Resources and Koch Technology Solutions Collaborate on Pilot Testing at Green River

Highlights:

Anson Resources has signed an agreement with Koch Technology Solutions for testing of a Li-Pro™ Lithium Selective Sorption (LSS) pilot unit using brine from the Green River Lithium Project.

The pilot unit will be located on Anson Resources’ 100% owned private land at Green River and process fresh brine under commercial production conditions from Bosydaba#1 well into lithium chloride, that may be used to produce battery-grade lithium carbonate.

The pilot unit results will be used for process optimisation and product verification for a proposed commercial scale plant. Results will provide important inputs for a full-scale Li-Pro™ unit within Anson Resources’ planned lithium extraction facility.

Pilot unit production is expected to commence in July 2024.

Anson Resources and KTS have agreed on a cost sharing framework involving an investment by KTS through a convertible note to cover the Green River Lithium Project piloting development.

NEWPORT BEACH, CA, June 24, 2024 – (ACN Newswire) – Anson Resources Limited (ASX:ASN) (“ Anson Resources ” or “ the Company “) is pleased to announce its collaboration with Koch Technology Solutions (“KTS”), a Koch Engineered Solutions (“KES”) company, for the commissioning of its Li-Pro™ process pilot unit for lithium extraction at the Company’s Green River Lithium Project (“Project”) in Utah, USA. The pilot will be jointly funded by Anson Resources and an investment from KTS through a convertible note as the companies work to develop a further commercial relationship.

KTS completed their detailed treatability study in May 2024 using brine from Anson Resources’ Green River Lithium Project. KTS’ testing has indicated exceptional results for lithium recovery and element rejection rates and suggests superior results to those achieved in Anson Resources’ Definitive Feasibility Study, see ASX announcement 8 September 2022 . The Company is in the process of determining any revisions to CAPEX and OPEX from the results achieved.

Through an agreement completed on 21 st June 2024, the companies will partner to expedite the commissioning of the pilot unit. Results from the pilot unit, if successful, will provide detailed feasibility engineering and cost data for deployment of the full-scale Li-Pro™ process at the Green River Lithium Project’s lithium extraction facility.

The pilot unit is expected to be operational in July 2024 at Anson Resources’ private land in Green River, Utah and will run 24 hours a day, 7 days a week for the next two to four months. The unit will process fresh brine from the Company’s Bosydaba#1 well into lithium chloride, replicating commercial production conditions. This pilot unit is in addition to Anson Resources’ operational sample demonstration plant (“SDP”) at Green River that utilises the existing flow sheet , see ASX announcement 15 April 2024. The two direct lithium extraction (“DLE”) technologies will be tested concurrently using brine from the collected during the drilling program of the Bosydaba#1. Test results of the brine collected from the Leadville Formation, Mississippian Units indicated that lower levels of contaminants, higher porosity, and higher pressure than at the Paradox Lithium Project, see ASX announcement 20 th May, 2024.

Anson Resources and KTS have agreed to a commercial arrangement whereby KTS, via a convertible note investment, helps pay for piloting, testing, and detailed feasibility engineering costs for the Li-Pro™ pilot unit at Green River (see material terms below).

If the initial pilot work is successful and if Anson Resources and KTS mutually agree to move into a commercial Li-Pro™ unit, further costs could be funded through additional investment from KTS. KTS’ Li-Pro™ process is used in other operational pilot facilities elsewhere in North America. KTS has announced that the Li-Pro™ process is being used in its commercial-scale lithium extraction demonstration plant near El Dorado, Arkansas. That plant was commissioned in April 2024 and is believed to be the largest continuously operating DLE facility in North America.

Anson Resources Executive Chairman and CEO Bruce Richardson commented:

” Anson Resources is focused on fast-tracking the development of our Green River Lithium Project. This announcement highlights our commitment to accelerating development while enhancing both Project returns and environmental credentials. Partnering with one of the USA’s preeminent technology providers, KTS, a leader in delivering commercialized lithium extraction processes, significantly reduces project risk through their advanced technology and engineering experience.

Importantly, our recent drilling work at Bosydaba#1 1 provides the ability to supply fresh brine identical to real operating conditions. This is a step-change for the Company and will allow us to super-charge development, comparing the output of the existing DLE extraction and the KTS Li-Pro™ processes to achieve the best results for our investors. The brine is slightly different to that of the Paradox Lithium Project and several USA companies have technologies that can be applied to to extract the lithium from the brine. At this stage of the Green River Lithium Project, we are looking at several technologies that can provide the company with the best outcome for extraction and the downstream purification to electric vehicle grade lithium carbonate.

The development of the sample demonstration plant provides the utilities and other infrastructure that is needed to conduct test work with technology providers, and we are delighted that KTS has agreed to locate this pilot unit at our Green River site and we look forward to a long a productive relationship. Ensuring domestic supply has been a critical focus of the Company and today’s announcement is a significant step towards Anson Resources building a commercial scale battery grade lithium carbonate plant.”

Martin Rizo – Commercial Director – Americas for KTS noted:

” Green River has the potential to become a key U.S. domestic battery grade Lithium Carbonate project. The site’s existing infrastructure and strategic location combined with A1 Lithium’s lithium extraction experience will support KTS in efficiently delivering and operating our Li-Pro™ pilot unit. KTS is excited to be a part of this significant opportunity in the U.S. domestic lithium supply chain.

About Koch Technology Solutions

KTS is the technology licensing business of Koch Engineered Solutions (KES), is a private company established in 1945. KTS creates value for its customers across a growing portfolio of technologies including direct lithium extraction, the polyester value chain, and 1,4-Butananediol plus its derivates. KTS combines its exclusive technologies, expertise, and capabilities with those of other KES companies to provide overall solutions to optimize customer’s capital investments and existing manufacturing assets.

Investor and Media Contact:
William Maze
+1 949-508-7834
investors@ansonresources.com

This announcement has been authorized for release by the Executive Chairman and CEO.

1 – See ASX announcement 20 May 2024

SOURCE: Anson Resources



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

HighTide Therapeutics Presents Analyses of a Phase 2 T2DM Study at the ADA Scientific Sessions, Highlighting Glycemic and Cardiometabolic Benefits of Berberine Ursodeoxycholate (HTD1801)

ROCKVILLE, MD and SHENZHEN, CHINA, June 21, 2024 – (ACN Newswire) – HighTide Therapeutics, Inc. (2511.HK), a clinical stage biopharmaceutical company specializing in the development of multi-targeted therapies for chronic liver and metabolic diseases, announced today that it will present at the American Diabetes Association’s (ADA) 84th Scientific Sessions, taking place from June 21-24, 2024 in Orlando, Florida. The presentation is a post-hoc analysis of the Phase 2 clinical study of berberine ursodeoxycholate (HTD1801), a gut-liver anti-inflammatory metabolic modulator, in patients with type 2 diabetes mellitus (T2DM) (NCT06411275).

Based on the successful Phase 2 study, two Phase 3 studies (NCT06350890, NCT06353347) are currently ongoing to further evaluate the efficacy and safety of HTD1801 (as monotherapy and as add-on to metformin) in patients with T2DM and inadequate control. “We look forward to the results of our pivotal T2DM program which we expect to announce in the first half of 2025,” said Dr. Leigh MacConell, Chief Development Officer of HighTide.

“Berberine Ursodeoxycholate (HTD1801) Improves Key Glycemic and Cardiometabolic Parameters Across the T2DM Disease Spectrum” (Abstract 847-P, Poster Presented June 23rd)

About the Abstract:

In a Phase 2, placebo-controlled, double-blind study in patients with T2DM, treatment with HTD1801 for 12 weeks resulted in significant dose-dependent improvements in key glycemic parameters. The objective of this post-hoc analysis was to evaluate the effectiveness of HTD1801 in patients with T2DM across the disease spectrum based on baseline HbA1c, with a particular emphasis on glycemic and lipid metabolism markers, along with indicators of liver injury. These data show that regardless of baseline disease severity, HTD1801 treatment resulted in significant improvements across these key parameters. The magnitude of improvement was greater in those with more severe disease. HTD1801 may offer a unique therapeutic approach for individuals with T2DM and other comorbidities (i.e. MASH and dyslipidemia), as managing these conditions effectively is crucial in controlling T2DM and reducing its associated complications.

About HighTide Therapeutics

HighTide Therapeutics, Inc. (2511.HK) is a globally integrated biopharmaceutical company focusing on the discovery and development of first-in-class multifunctional multi-targeted therapies with chronic liver and metabolic diseases with significant unmet medical needs. The company is developing multiple clinical assets, including therapy for metabolic dysfunction-associated steatohepatitis (MASH), type 2 diabetes (T2DM), severe hypertriglyceridemia (SHTG), primary sclerosing cholangitis (PSC) and primary biliary cholangitis (PBC). Berberine ursodeoxycholate (HTD1801), the company’s lead drug candidate, received Fast Track designation from the U.S. FDA for both NASH and PSC, as well as Orphan Drug designation for PSC. In China, HTD1801 has been included in the National Major New Drug Innovation Program under the 13th Five-Year Plan for Major Technology Project.

Disclaimer

The information contained herein is based solely on events or data available as of the date of this document. Unless required by law, we are under no obligation to update or publicly revise any forward-looking statements or events beyond those anticipated, even if new information, future events, or other circumstances arise after the date of the forward-looking statement. Please review this document carefully and be aware that our actual future performance or results may significantly deviate from expectations. All statements in this document are made as of the publication date and may change considering future developments.

For more information, please visit www.hightidetx.com 

Contact: pr@hightidetx.com 



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

AGAPE ATP Corporation Explores Energy-Saving Solutions with B&H Intec Solutions

KUALA LUMPUR, June 21, 2024 – (ACN Newswire) – NASDAQ-listed AGAPE ATP Corporation (“ATPC”), is delighted to announce the relaunch of its subsidiary, now named ATPC Green Energy Sdn. Bhd. (“ATPC Green Energy”). ATPC had entered into a collaboration agreement yesterday, with B&H Intec Solution Sdn Bhd (“B&H”), a total building solutions provider, with a focus on delivering comprehensive energy-saving solutions, aligning with ATPC’s commitment to driving green energy initiatives.

From left: Vincent Tan, Vice President of ATPC, Ting Wan Lock, Head of Corporate Finance, and Prof Dato' Sri Dr How Kok Choong, Founder and Global Group CEO of ATPC; and Chen Wei Kent, CEO of B&H, Chung Wooi Hen, Sales Director of B&H and Khor Hock Thong, Marketing Director of B&H
From left: Vincent Tan, Vice President of ATPC, Ting Wan Lock, Head of Corporate Finance, and Prof Dato’ Sri Dr How Kok Choong, Founder and Global Group CEO of ATPC; and Chen Wei Kent, CEO of B&H, Chung Wooi Hen, Sales Director of B&H and Khor Hock Thong, Marketing Director of B&H

B&H brings over 14 years of experience in facilities mechanical and electrical (M&E) services, specialising in building tailored green retrofits and building maintenance. The company has a portfolio of more than 1,000 customers in Malaysia, including luxury hotels, major banks, transportation hubs, government buildings, office towers, mega shopping malls, and healthcare centres. Known for integrating the latest sustainable technologies into building management solutions, B&H’s expertise in monitoring systems, energy-saving retrofit and upgrading, preventive maintenance service, energy-saving consulting and outsourcing services will be instrumental to ATPC Green Energy. Accumulatively, B&H has already achieved contract values of more than USD 10 million (approximately MYR 47 million), underscoring their capability and trust within the industry.

Mr. Chen Wei Kent, Chief Executive Officer (“CEO”) of B&H said, “The potential in the energy-saving space is vast and untapped. Matching the right M&E services to different companies can result in a substantial reduction in energy consumption, or in other cases, a comprehensive green retrofit solution can improve a building’s energy efficiency and reducing its carbon footprint.

“The collaboration with ATPC will raise our profile, and it will allow us to continue to support more companies in achieving their energy-saving goals. With Malaysia’s energy demand projected to increase by 4.8% by 2030 and electricity demand growing faster than primary energy production, the need for alternative energy sources and energy-saving measures is urgent. In 10 years, Malaysia’s energy demand is expected to rise significantly, from 96.3 terawatt-hours to 206 terawatt-hours (TWh).”

In this collaborative arrangement, B&H’s founder and management team will join ATPC Green Energy as executive officers, leading the energy-saving solutions portfolio. They will also become shareholders in ATPC Green Energy, gaining an equity stake of 30%. This partnership allows ATPC Green Energy to leverage B&H’s expertise, customer base, and leadership, while aligning the interests of B&H’s founders through shareholding, supporting the long-term growth of the energy-saving solutions business.

Prof Dato’ Sri Dr How Kok Choong, the Founder and Global Group CEO of ATPC, explains, “We aim to address this urgent energy demand by providing innovative energy-saving solutions across major sectors, leveraging the extensive expertise of B&H leadership team. By combining our resources and expertise, ATPC Green Energy is well-positioned to drive energy efficiency initiatives across multiple sectors.”

“ATPC Green Energy is looking to provide innovative energy-saving solutions to various sectors, including hospitality, insurance, government, semiconductor, retail, and manufacturing, and we are pleased to have the strong support of B&H as we strive to achieve our mutual goals. Collaboratively, we are in the midst of pitching for a USD 2.0 million project, and we are optimistic about our prospect.” How added.

ATPC’s commitment to the UN Sustainable Development Goals drives the company to build a comprehensive renewable energy ecosystem in ASEAN. This includes energy-saving solutions, solar projects, and other renewable technologies. The Company hopes to develop a diverse portfolio, expand its energy-saving offerings, foster partnerships, and achieve a significant market share in the region.



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

NEXX officially introduces CK Asset Holdings Limited as a shareholder

HONG KONG, June 21, 2024 – (ACN Newswire) – The smart logistics technology company NEXX officially announced today that it has successfully introduced CK Asset Holdings Limited (hereinafter referred to as “CK Asset”) as a shareholder, and the two parties will jointly promote the intelligent development in logistics industry.

CK Asset Holdings Limited is a leading multinational conglomerate committed to achieving long-term sustainable growth through continual strengthening of its existing property businesses, and steady enhancement of its recurring income base via a prudent global investment strategy.

CK Hutchison Holdings Limited, also a member of the CK Group, is among the largest companies listed on the Main Board of the Hong Kong Stock Exchange. The group has four core businesses: ports and related services, infrastructure, telecommunications and retail (AS Watson Group).

Through reshaping the high-quality operating model of the logistics industry, NEXX provides more flexible, cost-effective, and scalable inventory solutions to enterprises and logistics users which assists them in reducing costs, improving operational efficiency and accuracy. The introduction of CK Asset as a shareholder marks a milestone in NEXX’s development and will increase investment in logistics AI research and development, actively layout the global market, and consolidate its competitive position in smart logistics.

About NEXX:

NEXX is the first smart logistics technology platform that provides iWaaS (intelligent Warehouse-as-a-Service) with a logistics LLM as the core.

For Press Enquiries:

Ms. Crystal Yip

Ms. Chelsie Tam

Tel: 9587 3234 / 3461 3661

Tel: 6094 3336 / 3461 3750

Email: crystalyip@nexx-global.com 

Email: chelsietam@nexx-global.com 

 



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Hong Kong’s Construction Industry to Maintain Stable Growth in 2024

HONG KONG, June 21, 2024 – (ACN Newswire) – Hong Kong’s construction industry is set for stable growth in 2024 as the economy continues to recover in the aftermath of COVID-19, according to the latest Hong Kong market intelligence report from global professional services company, Turner & Townsend.

The report highlights a robust pipeline of key public and private sector projects focusing on housing, public infrastructure, and investments into technology, such as the anticipated railway projects designed to enhance connectivity and transport options for travel and freight within the Greater Bay Area (GBA).

Hong Kong’s GDP is forecast to grow between 2.5 to 3.5 percent in 2024, following a 3.2 percent increase in 2023. Due to an expected dip in private sector construction activity and spending on public projects this year, Hong Kong’s construction industry tender prices are predicted to rise by 2.0 percent in 2024, compared to 4.0 percent in 2023, 3.0 percent in 2022, and 5.0 percent in 2021.

A stronger Hong Kong dollar and reduced demand for materials from Mainland China are expected to lower material costs this year. The price of galvanised mild steel plates dropped by 18.3 percent from December 2022 to December 2023, while sand decreased by 4.1 percent, and aggregates by 8.3 percent. High tensile steel bars saw a 7.3 percent decrease, while Portland cement had a slight increase of 0.9 percent, and sawn hardwood costs remained unchanged.

Fluctuating material costs continue to pose a challenge for Hong Kong’s construction industry this year as the existing shortage of skilled workers, rising labour costs and high construction costs continue to hamper growth.

The Hong Kong government is committed to land and housing developments, with a target to provide 440,000 housing units by 2033-34, with a 70:30 split between public and private housing.

The report acknowledges the government’s positive 2024-25 budget policy, demonstrating a commitment to long-term investment in the construction industry. Capital works expenditure is projected to reach up to HK$90bn, focusing on enhancing infrastructure connectivity within the GBA through projects like the ‘GBA on the Rail’ initiative.

Technology remains a prime focus, with investments in the Hong Kong Microelectronics Research and Development Institute (HKMSRDI) and the Cyberport 5 project. The establishment of a steering committee by the Development Bureau (DEVB) to enhance the use of Modular Integrated Construction (MiC) and evaluation of investment in the MiC supply chain is also expected to boost innovation and productivity in the construction industry.

These initiatives, alongside recommendations from the Digital Economy Development Committee (DEDC) aim to fast-track growth in the IT sector, adding 79,000 square metres of gross floor area to existing technology infrastructure.

Daniel Cheung, Director, Strategic Lead, Hong Kong & Macau, at Turner & Townsend, said: “The focus on the construction industry as a key pillar of Hong Kong’s growth continues, underscored by ongoing government commitment. The Budget focused on infrastructure spending reaffirms the government’s growth ambitions. With key projects reprioritised and newer funding models being deployed, especially with the Northern Metropolis project and transport infrastructure expansion, the government’s ability to enable higher efficiency and cost-consciousness in project delivery becomes imperative.

Overall, the construction market has moved towards a steady, yet cautious growth outlook given current macro-economic factors. As Hong Kong’s construction projects become larger and more complex, financial prudence and effective programme management becomes increasingly important in assessing and executing the most appropriate project delivery model to achieve planned project outcomes on time, secure procurement savings, and deliver lasting value to businesses and Hong Kong’s fast-evolving built environment.”

About Turner & Townsend

Turner & Townsend is a global professional services company with over 10,000 people in 48 countries. Collaborating with our clients across real estate, infrastructure and natural resources sectors, we specialise in major programmes, programme management, cost and commercial management, net zero and digital solutions.

We are majority-owned by CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world.

We are passionate about making the difference, transforming performance for a green, inclusive and productive world.www.turnerandtownsend.com

Notes to Editors

The full report can is available on the Turner & Townsend website: https://www.turnerandtownsend.com/en/perspectives/hong-kong-market-intelligence-strategising-for-growth-and-economic-resilience/?utm_source=pr&utm_medium=media&utm_campaign=mi&utm_content=hkmi_1

For more information, please contact:
Dalvinder Jeet Kaur
PRecious Communications
Email: dalvinder@preciouscomms.com
Tel: +65 86978371



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Wintermar Offshore (WINS:JK) Public Expose 2024

JAKARTA, June 21, 2024 – (ACN Newswire) – PT Wintermar Offshore Marine Tbk (WINS:JK) has invested US$13.9 million out of total planned capex of US$35 million for 2024, anticipating higher demand for OSVs driven by increased offshore investments and tight supply.

During the Virtual Public Expose on 21 June 2024, PT Wintermar Offshore Marine Tbk (Wintermar) updated on strategic plans to expand its fleet to capitalize on the anticipated growth in the oil and gas industry. The Company anticipates higher charter rates to come as investment into offshore deepwater oil and gas (O&G) fields and recent O&G discoveries have propelled demand for offshore supply vessels (OSV) while supply remains constrained.

By the end of May 2024, Wintermar’s fleet comprised 42 vessels, with a focus on the high value segment to drive future profitability. Wintermar has placed orders for two Heavy Load Barges (HLB), which are expected to be delivered by year end, and one Accommodation Work Barge (AWB) to its fleet.  This was funded by internal cash flow and the sale of two low-yielding vessels, including one Anchor Handling Tug (AHT) and one Fast Utility Vessel (FUV). In April, one older Platform Supply Vessel (PSV) was sold at favorable valuation. Two PSVs are currently undergoing reactivation and are expected to commence operations by the end of the second half of 2024.

Fleet utilization in the 5-month period till end May 2024 was 68%, similar to the utilization rate in 2023. This reflects the current early stage of the oil and gas investment cycle with shorter term contracts associated with exploration activities. However, the average charter rates for the same 5-month period rose 23.1% for high-tier vessels and 14.5% for mid-tier vessels compared to the average for the full year 2023. The Company expects further increases in charter rates and utilization in the second half of 2024.

Finance Director Janto Lili reported that the Company’s Gross Profit for the 1Q2024 reached US$5.0 million, reflecting a significant improvement compared to 1Q2023 of US$3.0 million. This increase was driven by additional higher-value vessels starting operations and higher charter rates, leading to margin expansion. The gross profit margin increased to 27.1% in the first quarter of 2024, compared to 20.7% for the full year 2023. Wintermar’s low net gearing of below 1% positions the Company well to fund growth initiatives and capitalize on market opportunities. The strong financial performance is expected to continue, supported by the anticipated increase in charter rates and fleet utilization in 2H2024.

Managing Director Sugiman Layanto expressed confidence in the coming years, in anticipation of continued strong demand for offshore support vessels driven by rising investments in deepwater oil and gas projects. This is in line with the Company’s strategy in recent years to focus the fleet on higher-value vessels including dynamic positioning vessels. This positive outlook comes at a time when the supply for OSVs remains tight due to the industry’s downturn over the past years, which bodes well for sustained higher charter rates.

For the future, Wintermar will continue to focus on the selective acquisition of higher-value vessels to improve overall fleet profitability. The Company is actively seeking fleet expansion opportunities and is developing in house digital applications to enhance operational capacity through technology. Wintermar’s strategy includes targeting high-tier and specialized vessels to meet the increasing demand from deepwater and ultra-deepwater projects. Additionally, the Company aims to strengthen its presence in international markets to capitalize on higher charter rates and expanding opportunities.

About Wintermar Offshore Marine Group

Wintermar Offshore Marine Group (WINS.JK), developed over nearly 50 years with a track record of quality that is both a source of pride and responsibility that we are dedicated to upholding, and sails a fleet of more than 48 Offshore Support Vessels ready for long term as well as spot charters. All vessels are operated by experienced Indonesian crew, tracked by satellite systems and monitored in real-time by shore-based Vessel Teams.

Wintermar is the first shipping company in Indonesia to be certified with an Integrated Management System by Lloyd’s Register Quality Assurance, and is currently certified with ISO 9001:2015 (Quality), ISO14001:2015 (Environment) and OHSAS 18001:2007 (Occupational Health and Safety). For more information, please visit www.wintermar.com .

For further information, please contact:
Ms. Pek Swan Layanto, CFA
Investor Relations
PT Wintermar Offshore Marine Tbk
Tel (62-21) 530 5201 Ext 401
Email: investor_relations@wintermar.com



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

SUMMER WEB3FEST 2024: A Resounding Success and a Glimpse into the Future

Crypto Valley, Switzerland, June 21, 2024 – (ACN Newswire) – The Swiss WEB3FEST 2024 has concluded with outstanding success, setting new benchmarks in the world of blockchain and WEB3 innovation. From June 5-13, 2024, the event brought together an impressive 4500 attendees, 200 speakers, and 50 exhibitors across 28 events. Some highlights of the festival was the participation of Edward Snowden and the Crypto Valley Visionaries list, honoring the pioneers and innovators of the blockchain space. This year’s festival was embedded around the pivotal Crypto Valley Conference in Switzerland, combining several ecosystems and welcoming both national and international guests and speakers from all over the world.

Event Highlights:

One of the major highlights of the Swiss WEB3FEST 2024 was the fireside chat with Edward Snowden and Brittany Kaiser at SHED Zug. Snowden, the world-famous whistleblower, joined via video link for a 2-hour discussion on Friday and a 30-minute keynote at the Unconference on Saturday. He discussed data sovereignty, digital privacy, and the role of blockchain in decentralizing power and enhancing privacy. Snowden emphasized, “Not individuals, but large tech companies and state authorities now possess the right to privacy,” highlighting the critical need for blockchain technology in protecting digital rights. This session offered unique insights from two leading figures in the realm of digital security.

Additionally, the Unconference, held at the FIVE Hotel in Zurich, was another standout with six different areas, each with its own stage,agenda and presenting projects. This dynamic setup fostered in-depth discussions and hands-on experiences across AI, NFTs, the metaverse, gaming, finance, tokenization, and more on the Web3 space.

Lastly, the Sustainability Day, co-hosted by DFINITY, was another impactful day in which industry leaders showcased their initiatives towards a greener future.. This event underscored the importance of green blockchain initiatives and sustainable corporate practices, emphasizing the positive impact of blockchain technology on the environment.

Recap of Key Sessions:

  • Investor Brunch: Partnered by Animoca Brands, VNTR and Outlier Ventures, this event set the stage for impactful discussions on investment and innovation in the WEB3 space.
  • Protocol Roundtable: An exclusive luncheon for layer-1 blockchain leaders, fostering collaboration and networking.
  • Future of Protocols Sessions: Engaging keynotes and panels featuring industry leaders like Mihai Alisie (Akasha), Dominic Williams (DFINITY), and Lily Liu (Solana Foundation).
  • Corporate Innovation Day: A summit focusing on blockchain’s transformative effects on finance, impact, and consumer engagement, held at Decentral House in Geneva.

Looking Ahead:

The success of the third edition of  the Swiss WEB3FEST sets the stage for future editions around the globe. We are excited to announce the UAE WEB3FEST, scheduled for October 2024, and the second Swiss WEB3FEST Winter Edition in January 2025. The upcoming events will continue to drive innovation, collaboration, and growth in the global WEB3 ecosystem, while demonstrating their impact and contribution to attendees

Join the next editions and contribute to reshape the future of WEB3

Whether you are a tech veteran or a curious newcomer, there is something for everyone at the WEB3FEST.

For more information on tickets, participation, or sponsorship opportunities, please visit www.web3fest.ch

Some example material from our event-series, reach out to us if you have specific needs.

About WEB3FEST

WEB3FEST is a biannual series of events designed to showcase the core themes of WEB3, shaping the future of the internet’s next generation. It covers a comprehensive range of topics such as AI, blockchain, digital assets, cryptocurrencies, gaming, sustainability, IoT, metaverse, NFTs, and more. The festival offers a platform to foster innovation, advance networking, and engage with the latest technological advancements, making it a must-attend event in the global tech calendar.

About Crypto Valley

Located in Switzerland and Liechtenstein, Crypto Valley is one of the world’s leading ecosystems for blockchain and cryptographic technologies. It is a thriving hub of innovation and collaboration, attracting entrepreneurs, tech enthusiasts, and global leaders looking to reshape industries and revolutionize business practices.

About Crypto Oasis

The Crypto Oasis is the largest WEB3 ecosystem in the world focused on the Middle East and Africa region and is supported by initiators of the Crypto Valley Switzerland. The core elements needed for its development are Talent, Capital, and Infrastructure. The Ecosystem’s stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Education & Research Institutions, Service Providers, and Government Entities & Associations. Crypto Oasis is the leading Blockchain ecosystem in the world. Today it is the fastest growing, with more than 2,040 blockchain-related organisations in the UAE alone.

Swiss NFT Association

The Swiss NFT Association is the go-to educational hub for NFT expertise and thought leadership. The Association serves as a knowledge space; it is the primary resource for all matters concerning NFTs, actively curating quality content and building a thriving community.

Contact:
Inacta Ventures Press Office
Pascal Arnold
pascal.arnold@inacta.ch 



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

GDA Capital & Coinweb Launch The Next Top Blockchain Startup Competition with a $200k+ Prize Pool to Fuel Innovation and Growth in Web3

ONTARIO, CA, June 20, 2024 – (ACN Newswire) – GDA Capital and Coinweb are excited to launch the “Next Top Blockchain Startup” Competition for Summer 2024, and with multiple developer tracks from blockchain infrastructure partners. The competition boasts an impressive prize pool of $200,000 USD, with more prizes likely to be secured leading up to the event. Over the four weeks of July, entrepreneurs will benefit from an educational program designed to build thriving businesses and will have the opportunity to secure vital funding by pitching their business in a live case competition setting.

The Next Top Blockchain Startup represents a route for new development teams to gain not only funding but also exposure to essential industry relationships and educational content. It is supported by leading protocols, organizations, investors, and a broad network of mentors from academia, enterprises and developer communities from all over the world.

“Guiding the next generation of blockchain entrepreneurs from ideation to realization is more than a mission; it’s a necessity for the industry’s evolution. GDA Capital is proud to be at the forefront of this transformative journey, and to host this initiative that I wish existed while I was at university, and was looking to get more immersed into the international blockchain community” states Michael Gord, Founder and CEO of GDA Capital.

“It is events like these that truly push the industry forward. We at Coinweb are eager to showcase the untapped potential residing within our community, setting the stage for the natural evolution of the internet,” says Toby Gilbert, Co-Founder & CEO of Coinweb Labs. Coinweb Labs, the core contributor of The Coinweb Protocol, the Layer 2 cross-chain protocol, has recently announced a $10M grant for startups building on the platform and has offered a portion of this grant to fuel the event.

This year’s competition revitalizes the industry challenge segment with exhilarating new tracks led by forefront companies in the blockchain space:

  • Interoperability by Coinweb
  • Decentralized Cybersecurity by Naoris
  • Revolutionary Asset Management with the ERC-7621​ Basket Token Standard by Alvara Protocol
  • Web3 Competitive Gaming by Moxy
  • AI Future by a global AI Web3 Launchpad
  • POGE (Proof Of Green Energy) Mining/Blockchain by SolarX

The Next Top Blockchain Startup competition has also partnered with key institutions within the blockchain space, including the Blockchain Education Network, one of the most established bridges between top universities and the Web3 industry. The focus on partnering with these institutions is to bring participation from the brightest young minds around the world, and to inspire the next generation of builders to focus on building web3 applications.

To get involved in this competition as a participant, sign up for free on Devpost.

To get involved as mentor, judge, business partner, sponsor, or investor, reach out to info@nexttopblockchainstartup.com, or directly on twitter.

About GDA Capital

GDA Capital is a leading provider of digital asset investment and capital markets advisory services, specializing in global go-to-market strategies, investor relations, corporate development, community building, and tokenomics. With a team experienced in bringing new technologies to market, GDA Capital plays a significant role in the global digital asset ecosystem.

About Coinweb

The Coinweb Protocol is a groundbreaking Layer 2 cross-chain computation platform that uniquely combines Scalability with Interoperability, setting new standards in the blockchain industry. It enables the seamless operation of decentralized applications across multiple blockchains, effectively merging them into a unified ecosystem.

Source: GDA.Capital

For media inquiries, please contact:
Zephyr@platodata.io



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Envision Greenwise (01783) Launches Hong Kong’s First EV Battery Processing Plant, Boosting Global Recycling Efforts

HONG KONG, June 20, 2024 – (ACN Newswire) – On June 14, 2024, Envision Greenwise Holdings Limited (“Envision Greenwise”, 1783.HK), together with its wholly-owned subsidiary Chun Yang International (HK) Co., Limited (“Chun Yang”), hosted the groundbreaking ceremony for Hong Kong’s First EV Battery Processing Plant. The event took place at lots T2 & T3 of Hong Kong EcoPark. Mr. Tse Chin-wan, BBS, JP, Secretary for Environment and Ecology of Hong Kong, delivered the opening speech at the ceremony, after Mr. Kwok Chun Sing, MH, Chairman of Envision Greenwise Group started a welcome address to all the guests attending the ceremony. Ms. Kwok Ho Yee as the COO of Envision Greenwise and the managing director of Chun Yang especially introduced the importance of this breakthrough project. The ceremony also honored the presence of about 150 distinguished guests, including representatives from the Environment and Ecology Bureau, EcoPark, top enterprises in the electric vehicle and battery sectors such as Tesla (Hong Kong) (TSLA.US), Gotion High-tech (002074.SZ) and Huayou Recycling Technology, Hong Kong Motor Traders Association (including most Hong Kong car brands) and Hong Kong Recycling Chamber of Commerce, etc.

Shortly, Hong Kong’s EV Battery Processing Plant (“the Plant”) will be built up on this ground which covers a total area of 9,420 square meters, to provide sustainable solutions such as cascade utilization and new material regeneration for Lithium-ion batteries. Besides, the Plant will feature automated production lines integrated with artificial intelligence technology to optimize Lithium-ion batterie resource recycling. Once completed, the Plant is expected to become a benchmark project for EV battery industry chain’s circular development in Hong Kong and the Greater Bay Area (GBA), as well as to attract top global talents in the battery industry, thereby promoting sustainable development and enhancing Hong Kong’s reputation and status in innovative green technology. The Plant will also act as a “super-connector” to facilitate GBA enterprises’ entry into global markets, and thus to accelerate the creation of a new paradigm to promote high-quality development in EV battery recycling.

In recent years, Envision Greenwise has actively expanded into the EV battery recycling sector. In 2022, it obtained Hong Kong’ s first full set of professional licenses for EV battery disposal, transportation, and export. Its approved total dismantling and processing capacity is now at the forefront of the industry.

Mr. Kwok Chun Sing, MH, the Chairman of Envision Greenwise, stated that this Plant is a crucial part in building the Group’s global supply chain service system for the EV battery recycling and circular economy. It also marks a significant milestone of the Group in the pursuit of developing renewable energy resources and achieving its sustainable development goals.



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

INVEST FAIR 2024-Kuala Lumpur: Navigating the Future of Investing “Money – Finance – Technology”

  • Held on June 22nd and 23rd, 2024 (10am-9pm), at Hall 1 of Mid Valley Exhibition Center, Kuala Lumpur, Malaysia
  • Two-day event featuring 65 expert speakers and 28 exhibitors with over RM50,000 worth of prizes
  • Jointly organised by ShareInvestor and InvestingNote, and supported by Bursa Malaysia, CFA Society Malaysia, Federation of Investment Managers Malaysia (FIMM) and Kumpulan Wang Simpanan Pekerja (KWSP EPF)

KUALA LUMPUR, June 20, 2024 – (ACN Newswire) – ShareInvestor Malaysia Sdn Bhd, Malaysia’s largest independent platform for investor relations, market data tools, and investor education, today announced the launch of INVEST FAIR 2024, Malaysia’s largest investment fair. Under the dynamic theme of “Money – Finance – Technology,” this year’s event encourages participants to embrace the evolving landscape of investing.

Held from 22nd June 2024 (Saturday) to 23rd June 2024 (Sunday) 10am-9pm, at Mid Valley Exhibition Center Hall 1, INVEST FAIR 2024 will host 65 expert speakers from the fields of fintech, cryptocurrency, property, stock market, funds and investment. These professionals will share their extensive knowledge through 65 enriching sessions covering a broad spectrum of topics, including the latest market outlook, sector insights, investment strategies, trading skills, and property investment. Selected sessions will be conducted in Malay and Chinese to engage all Malaysians in becoming prudent and savvy investors.

Mr Christopher Lee, Group Chief Executive Officer and co-founder of AlphaInvest Holdings Pte. Ltd., the holding company of ShareInvestor Malaysia Sdn Bhd, said, “Investing has never been so exciting. New technology such as Blockchain, Artificial Intelligence, and Virtual Reality has expanded the frontiers of investment. Tokenisation and Smart Contracts have made assets like real estate and debt more accessible to the retail investor. ETFs covering every asset class and major stock exchange indexes are available for investors to hedge and diversify their portfolios. In analytics, new AI-enabled tools in data visualisation and statistical probability help level the playing field for retail investors. It is in this spirit of enlightenment and innovation for the Finance industry that we hold Invest Fair.”

With 65 expert speakers from various sectors, INVEST FAIR 2024 is designed to cater to both seasoned investors and eager beginners. Topics will include the latest market trends, investment strategies, and innovative financial technologies. We are also excited to host 28 exhibitors, each representing different facets of the investment ecosystem, offering new possibilities to learn, connect, and grow.

In addition to the enriching sessions and valuable investment insights, more than RM50,000 worth of prizes are up for grabs. Attendees are encouraged to participate in the curated program, visit the various booths and participate in their various activities for a chance to win exciting prizes.

ShareInvestor Malaysia Sdn Bhd thanks its Platinum Sponsors — Bursa Malaysia, CGS international, FSMOne, Moomoo and Rakuten Trade for their support. They have played a crucial role in bringing together investors and experts for INVEST FAIR 2024, creating a platform for growth and learning that will benefit everyone.

For more information on the event and registration details, please visit our INVEST FAIR 2024 official website at https://investfair.com.my/ and registration at https://investfair.com.my/register/ 

About AlphaInvest Holdings Pte. Ltd. (www.alphainvestholdings.com)

A leading regional financial services, media and technology company, AlphaInvest Holdings Pte Ltd (“AlphaInvest” or “the Group”) was founded in 1999 to empower investors by providing them with trusted products and services for informed investment decision-making. Its core areas of business span investor relations, market data tools and investor education.

AlphaInvest Group operates the largest investor relations network in the region, with a customer base of about 700 public listed companies and a reach of over 300,000 people across its platforms. The Group has over 120 employees in four countries (Singapore, Malaysia, Thailand, and Indonesia).

The Group has made several strategic investments:
– in investor relations/public relations firm, Waterbrooks Consultants Pte Ltd (www.waterbrooks.com.sg)
– in Singapore’s leading social media platform for investors, InvestingNote (www.investingnote.com).

InvestingNote is the largest and most active social platform for investments in Singapore and Malaysia. It is a community-driven platform designed specifically to help investors and traders to share ideas on stocks, news and insights through social networking and a variety of useful investment tools.

ShareInvestor (www.shareinvestor.com) provides online market data tools for multiple markets across its ShareInvestor Station™, ShareInvestor WebPro™ and ShareInvestor Mobile range of products.

AlphaInvest’s digital publications include:
Investor-One (www.investor-one.com), a website on investor education, market news, corporate developments, and data analytics;
Inve$t, the e-magazine published weekly in Singapore and Malaysia.

AlphaInvest organises financial investment seminars and conferences for investors. Its annual large-scale events INVESTFAIR™(https://investfair.com.my/) in Malaysia and Singapore draws thousands of participants. Other key exhibition includes the largest REIT event ie REITS Symposium (www.reitsymposium.com).

Media Contact:
Mr Darren Chong
Head of Investor Platforms ShareInvestor / Investing Note
Email: darren.chong@shareinvestor.com
Mobile/WhatsApp: (+60) 014-944-1639



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com