Exciting New Chapter Unveiled as YanaTV a YouTube Channel Takes Off Amidst Glitz and Glamour

SINGAPORE, Aug 23, 2023 – (ACN Newswire) – The digital entertainment landscape just got a whole lot more intriguing with the much-anticipated launch of the YanaTV YouTube channel. On this auspicious occasion, a star-studded gathering of local celebrities, friends, and well-wishers converged at the Retro Bar, Lofty Peaks to celebrate the beginning of an exciting new journey in the realm of online content. Present for the launch party were Yana Fry, Host and Founder of YanaTV, David Bachmann, Austrian Trade Commissioner for Singapore, business leaders, diplomats and ambassadors, famous writers, speakers, partners, and friends. The link to the channel is https://www.youtube.com/@yanatvsg.


(L) David Bachmann, Austrian Trade Commissioner for Singapore, Sofia Elalamy, Yana Fry, Founder- YanaTV and Ravi Chidambaram (Yana's Husband)


YanaTV, spearheaded by visionary content creator Yana Fry promises to be a dynamic and captivating addition to the YouTube universe. Offering a unique blend of entertainment, education, and inspiration, the channel aspires to become a haven for viewers seeking quality content that resonates with a global as well as ASIA audience.

Amidst a live talk show and some fun roasts with guests,attendees were treated to an enchanting evening filled with joy, laughter, and a palpable sense of anticipation. Distinguished local celebrities, known for their contributions to various facets of the entertainment industry, graced the event and shared their excitement for YanaTV's promising future. The gathering was a testament to the wide-ranging support and anticipation that the channel has garnered even before its official launch.

As guests mingled around sharing their experiences Yana Fry took to the stage to express gratitude to everyone who had supported the channel's journey from inception to this remarkable milestone. "YanaTV is more than just a channel; it's a community where ideas, stories, and experiences converge to create something truly extraordinary. We are committed to delivering content that engages, enlightens, and entertains, and we can't wait to embark on this adventure with all of you," Yana Fry, Host and Founder stated passionately.

The event featured a sneak peek of some of the captivating content that viewers can expect from YanaTV. Ranging from thought-provoking documentaries to light-hearted entertainment, the channel promises to cater to diverse interests and age groups. The launch of YanaTV marks a significant step in the digital entertainment arena, highlighting the power of innovative content and community engagement. With a strong emphasis on fostering a sense of connection among viewers, the channel aims to be a go-to destination for anyone seeking enriching and engaging content on YouTube.

About YanaTV

YanaTV is a groundbreaking YouTube channel by Yana Fry dedicated to delivering a diverse range of content that entertains, educates, and inspires audiences around the world. With a commitment to quality storytelling and innovative ideas, YanaTV seeks to create a global community united by the power of digital content. Yana has been a coach, speaker and facilitator in the field of human development for more than a decade and has helped leaders worldwide to unlock and embody their highest goals. She runs a company Awaken Human which has been running successfully for 11 years now. Yana has been hosting Timeless Teaching podcast which focuses on human advancement for the last 2.5 years. The podcast was one of the top 3 trending podcasts which garnered an organic follower base.

Contact:
Email- yana@yanafry.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Tingyi (Cayman Islands) Holding Corp.: Fundamentals Demonstrated Resilience in the First Half of 2023, with Scale Advantages Supporting Product Innovation and Channel Expansion

HONG KONG, Aug 23, 2023 – (ACN Newswire) – Tingyi (Cayman Islands) Holding Corp. (0322.HK, "Master Kong" or the "Company", together with its subsidiaries, the "Group") is pleased to announce its interim results for the six months ended 30 June 2023. The Company's fundamentals demonstrated exceptional resilience, with sustained growth in its two primary business lines of instant noodles and beverages. The Group's revenue reached RMB40.907bn, an increase of 7.04% year-on-year. Revenue from instant noodles increased by 2.97% year-on-year, while revenue from beverages increased by 9.50% year-on-year. The gross profit margin increased to 30.47%, up 2.25 percentage points year-on-year. Profit attributable to shareholders of the Company increased by 30.66% year-on-year to RMB1.638bn. Basic earnings per share increased by RMB6.82 cents to RMB29.07 cents.



In the first half of 2023, the macro environment continued to improve, everyday economic activity returned to normal and the government gradually implemented various policies and measures to expand consumption, generating positive impacts on the overall consumer goods industry. Chinese consumers exhibited more rational behavior, with an increasing demand for healthy products. In the first half year, Master Kong continued to prioritize its strategic focus on "Serving Consumers Comprehensively and Perfectly", and upheld its key strategies of "Consolidate Core Businesses" and "Drive Innovative Businesses". Placing the consumer at the center, the Company comprehensively met consumers' diversified demands by improving the competitiveness of its brand, products and channels.

In the first half of 2023, the Group's revenue from the instant noodle business was RMB13.95bn, representing year-on-year growth of 2.97%, and accounting for 34.10% of the Group's total revenue. During the period, the gross profit margin of instant noodles increased by 5.20 percentage points year-on-year to 25.83%, due to favorable selling prices and raw material prices. In the first half of 2023, as a result of the year-on-year improvement in gross profit margin, the profit attributable to shareholders of the Company in the instant noodle segment increased by 48.11% year-on-year to RMB806m. In the first half year, with the increase in population mobility, the instant noodle business leveraged its scale advantages and made a sustained effort to meet consumers' diversified demands with a varied offering in terms of price bands, flavors and sizes. Sales volume and market share both showed steady growth, positioning Master Kong at the forefront of the industry and driving overall recovery in the sector. During the period, Master Kong's instant noodle business emphasized consolidating its core products, promoting innovative new product flavors, and laying the groundwork for premium products. Taking advantage of its healthy operating status, the business intensified its channel development and brand investment efforts. The business also maintained its firm commitment to product quality and won the title of "China Space Program Support Supplies Partner" in the convenience food category.

In the first half of 2023, beverage consumption picked up across the board as consumers travelled more. Revenue from the beverage business was RMB26.606bn, representing year-on-year growth of 9.50%, and accounting for 65.04% of the Group's total revenue. The gross profit margin of beverages increased by 0.52 percentage point year-on-year to 32.66%. The profit attributable to the shareholders of the Company in the beverage segment increased by 18.06% year-on-year to RMB879m in the first half of 2023. During the period, the beverage business of Master Kong continued to take the advantage of its comprehensive product portfolio and seize the trend towards the consumer focus on health, launching sugar-free tea, sugar-free carbonated soft drinks, sugar-free coffee drinks, and other health-oriented products. Its efforts were geared consistently towards optimizing the product portfolio across multiple channels and consumption occasions. To capture demand in the peak season, capital expenditure to support outdoor consumption was moderately increased.

Mr. Chen Yinjang, Chief Executive Officer, commented, "Looking ahead to the second half of 2023, we maintain an optimistic outlook on the Chinese economy. Domestic circulation will remain the main engine of domestic economic growth going forward. Consumers will always be at the center of our operations, and we will leverage our scale advantage to consolidate our core businesses and develop innovative businesses, to strengthen our competitive advantage across the entire price range of instant noodles and the full beverage product portfolio. We expect to benefit substantially from the recovery of consumption scenarios, increased purchasing power and consumer focus on health. We will continue to invest in product research and development, brand building and channel expansion, maintaining a long-term perspective. Ensuring the operational safety and sustainable development of the Company will also remain a key focus. We will adopt a forward-looking approach, strengthen our core competitiveness, operate in a healthy manner, and create long-term value for both consumers and shareholders."

About Tingyi (Cayman Islands) Holding Corp. (0322.HK)
Tingyi (Cayman Islands) Holding Corp. (the "Company"), and its subsidiaries (the "Group") specialise in the production and distribution of instant noodles and beverages in the People's Republic of China (the "PRC"). The Group started its instant noodle business in 1992, and expanded into instant food business and beverage business in 1996. In March 2012, the Group further expanded its beverage business by forming a strategic alliance with PepsiCo for the beverage business in the PRC. The Company exclusively manufactures, bottles, packages, distributes and sells PepsiCo soft drinks in the PRC. After years of hard work and accumulation, "Master Kong" has become one of the best-known brands among consumers in the PRC.

For enquiries, please contact:
Investor Enquiries
Investor Relation Team, Tingyi (Cayman Islands) Holding Corp.
E-mail: ir@tingyi.com

Christensen China Limited
E-mail: stephanie.chen@christensencomms.com
Tel: +852 2117 0861


Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

United Nations Group Seeks Comments on Blockchain Voting Standards

NEW YORK, Aug 23, 2023 – (ACN Newswire) – The United Nations (UN) Internet Governance Forum (IGF) Blockchain Assurance & Standardization Dynamic Coalition has distributed a suite of blockchain standards authored by the Government Blockchain Association (GBA) including standards for the use of blockchain technology in elections.

The GBA Voting Working Group that developed the election standard is comprised of election officials, election systems vendors, and blockchain experts from around the world. They are driven by a desire to make elections trustworthy and accessible to all voters. According to Utah County Commissioner, Amelia Powers Gardner, “Our county has proven that blockchain technology can secure remote electronic voting, providing access to voters that otherwise could not make it to polls.”

In addition to local election officials, the group also included blockchain-based election vendors. According to Linda Hutchinson, Director of QA & Compliance at Voatz, “Election officials need to have confidence that the systems they use have been objectively and independently verified as trusted solutions.” She goes on to say, “That is why the Voting Working Group is proposing standards for blockchain-based voting systems.”

The group is seeking comments from experts including local elections officials, election equipment vendors, election administrators, regulators, and observers. Comments are also solicited from policymakers, academics, technologists, and enthusiasts in the fields of blockchain and governance to provide their expertise and insights in an open call for comments on the Blockchain Maturity Model (BMM) Voting Systems Supplement.

As technology continues to revolutionize various sectors, the potential of blockchain in transforming the democratic process is undeniable. With its inherent attributes of transparency, immutability, and decentralization, blockchain has the capacity to enhance the integrity and trustworthiness of elections and voting systems worldwide.

The UN IGF Blockchain Assurance and Standardization Dynamic Coalition has been diligently working on a comprehensive Blockchain Standard tailored specifically for elections. The standard covers crucial areas including:

  • Identity verification and authentication of voters
  • Ballot casting, tracking, and tallying procedures.
  • Ensuring voter privacy and anonymity
  • Security measures against cyber threats and attacks
  • Transparency and auditability of the entire process

To download the standards and provide comments please visit the Voting System Supplement Request for Comments page.

About the United Nations Internet Governance Forum (IGF)

The Internet Governance Forum (IGF) is a multi-stakeholder platform for discussing public policy issues related to Internet governance. It brings together diverse stakeholders, informs policymakers, shares best practices, and addresses emerging challenges without producing negotiated outcomes. The IGF’s mandate includes facilitating discourse between international bodies, advising on Internet accessibility in developing countries, and addressing issues like critical Internet resources and misuse.

About the Blockchain Assurance & Standardization Dynamic Coalition

The Blockchain Assurance & Standardization Coalition is an open, multistakeholder group hosted by the Government Blockchain Association (GBA). It focuses on defining specific areas of blockchain technology, conducting meetings, proposing standardization goals, piloting projects, and publishing results to promote high-quality, interoperable blockchain systems.

Contact:

Gerard Dache
Executive Director
Government Blockchain Association
gerard.dache@GBAglobal.org

Website: https://bit.ly/3qMMoOX



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Graid Technology Announces SupremeRAID(TM) Software Version 1.5, Delivering Unmatched Performance for NVMe Users

SANTA CLARA, CA, Aug 22, 2023 – (ACN Newswire) – Graid Technology Inc., the award-winning data protection provider and developer of the only RAID card to offer customers access to the full performance of NVMe SSDs, today announced its new software release (v1.5) for the SupremeRAID(TM) SR-1010 and SR-1000 offerings. Leveraging the power of PCIe Gen 5, SupremeRAID(TM) affords customers the performance advantage of higher bandwidth infrastructure at various RAID levels per the chart below:

SupremeRAID(TM) Release v1.5 (Traditional Hardware RAID)
4K Random Read 28 M IOPS – 4x better performance (6.9 M IOPS)
4K Random Write 2 M IOPS – 3x better performance (651 k IOPS)
1M Sequential Read 260 GBps – 9x better performance (28.2 GBps)
1M Sequential Write 100 GBps – 9.6x better performance (10.4 GBps)

Along with the tremendous performance enhancements, SupremeRAID(TM) v1.5 adds additional features including increased Drive Group support from 4 to 8, enhanced Random I/O performance for AMD platforms, and support for Oracle Linux. Today, SupremeRAID(TM) v1.5 supports Linux, with similar functionality and increased performance for Windows Server available later this year.

"Gone are the days of I/O bottlenecks. We are extremely excited to be bringing SupremeRAID(TM) v1.5 for Linux to the market. Customers investing in NVMe along with PCIe Gen 5 infrastructure will experience unparalleled performance when deploying SupremeRAID(TM) to protect their data, giving customers the perfect platform for AI/ML, IoT, video processing, and other performance-hungry business applications," said Leander Yu, President and CEO of Graid Technology.

The release of SupremeRAID(TM) v1.5 continues to set Graid Technology apart from both software and hardware RAID options across the data protection market. Both the patented out-of-path data flow and new Intelligent Parity data reduction technology securely position customers with a competitive advantage in their respective markets.

SupremeRAID(TM) software release v1.5 will be available to all Graid Technology customers, regardless of channel, as a free upgrade. As Graid Technology continues to expand its global OEM, distribution, and integration partnerships, the company remains committed to working with customers and partners to explore options for additional functionality in future product and software enhancements.

Benchmark Environment:
Hardware Spec:
Server: Supermicro AS-2125HS-TNR
CPU: AMD EPYC 9654 96-Core Processor x 2
Memory: Samsung M321R2GA3BB6-CQKVS DDR5 16GB x 24
SSD: Kioxia CM7 KCMY1RUG3T84 x 24
RAID Controller: SR-1010 x 1

Software Environment:
OS: Ubuntu 20.04.4 LTS
Kernel: 5.4.0-155-generic
Benchmarking tool: fio-3.16
SupremeRAID Driver version: 1.5.0

About Graid Technology Inc.

Headquartered in Silicon Valley, California, with an R&D center in Taipei, Taiwan, our leadership is composed of a dedicated team of experts with decades of experience in the SDS, ASIC, and storage industries. Graid Technology Inc. has developed the world's only NVMe and NVMeoF RAID card to unlock the full potential of PCIe 3, 4, and 5 SSD performance without sacrificing system integrity or security. Visit our website or connect with us on Twitter or LinkedIn.

Contact Information
Andrea Eaken
Director of Marketing, Americas & EMEA | Graid Technology
andrea.eaken@graidtech.com
949-742-9928

Related Files
SupremeRAID SR-1010 Brochure and Specs_Aug 2023.pdf https://pr.report/4AjHuM3s
SupremeRAID SR-1000 Brochure and Specs_Aug 2023.pdf https://pr.report/7Hr5cCqG

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Esewa Money Transfer Partners With Saudi Arabia-Based Enjaz Payment Services Company to Facilitate Remittance Services for Nepalese Migrants and Their Families

Kathmandu, Aug 22, 2023 – (ACN Newswire) – Esewa Money Transfer, the fastest growing digital-first remittance company under F1Soft Group, which brings inward remittance in Nepal from 200+ countries globally, has entered into an agreement with Enjaz Payment Services Company, a leading financial company in Saudi Arabia.

With this agreement, Nepalese in Saudi Arabia can remit through 150 Enjaz branches or the app to beneficiaries in Nepal via 13,800+ remit agents, 100,000+ Esewa Money Transfer locations, banks, and institutions. This agreement gives Enjaz access to 7.5 million+ Esewa wallet users for direct remittance loading.

Amid the signing ceremony, the CEO of Enjaz, Mr. Khalid Al Zain, stated, "We understand that Esewa Money Transfer is not just a standalone remittance company but a part of F1Soft Group that has institutionalized the digital payments ecosystem in Nepal through various groundbreaking fintech initiatives. Being a Payment company having a deep-rooted belief in innovation and service excellence, we look forward to working closely with Esewa Money Transfer to provide transformative remittance services to the Nepali migrant population in Saudi Arabia and their families back home in Nepal."

F1Soft Group's Global Group President, Mr. Biswas Dhakal, stated, "We are extremely delighted to be associated with such a prestigious institution like Enjaz and see tremendous growth opportunities in our mission to support a significant number of Nepalese working in Saudi Arabia. We will leverage Enjaz's extensive network on physical as well as digital channels."

Director of Group Strategy Mr. Daniel D Shrestha and CEO of Esewa Money Transfer Mr. Ajesh Koirala attended the special signing ceremony organized at Enjaz's head office in Riyadh, involving senior officials of both organizations.

About Enjaz Payment Services Company:

Enjaz Payment Services Company, a leading Fintech company licensed by the Saudi Central Bank provides financial services via the most advanced Fintech methodology in the market. With a brilliant idea, we built our brand, and with superb service, we built our reputation. Enjaz offers a full suite of diversified and innovative financial solutions in the Area of digital and physical channel payments. We are one of few players in the GCC to develop its proprietary best-in-class money remittance platform "Enjaz Easy". Through our partnerships with leading international financial institutions and global money transfer operators (MTOs), our services enable customers to send money to 200+ countries.

About Esewa Money Transfer:

Esewa Money Transfer, Nepal's top fintech conglomerate, offers swift cross-border remittances. Backed by 7.5 million+ Esewa mobile wallet users, it boasts 13,800+ remit agents, 100,000+ cash pick-up sites, banks, and more. Incorporated in 2019, licensed by Nepal Rastra Bank under foreign exchange regulation, Esewa Money Transfer is part of F1Soft Group, empowering 20 million+ people, 1.2 million+ entities with fintech-based payment services.

Contact Information
Shreeya Neupane
Marketing & Communication Executive
shreeya.neupane@f1soft.com
+9779801879283

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

InvestChile Portfolio Closes the First Half of the Year With 12.6% More Projects and Over 18,000 New Jobs

Santiago, Chile, Aug 22, 2023 – (ACN Newswire) – InvestChile, the Foreign Investment Promotion Agency, inventoried its project portfolio as of the end of the first half of the year, reporting that it supports 493 initiatives at different stages of development, totaling US $27.9 billion, a 12.6% increase over the same period last year.



The number of projects in the agency's portfolio rose from 453 in the first half of 2022 to 493 initiatives in June of this year, representing annual growth of 8.8%. Similarly, the number of potential jobs associated with the projects reached 18,381, a 4.6% increase over the 17,578 jobs recorded as of June 2022.

InvestChile Director Karla Flores remarked that several factors explain the expansion of the investment project portfolio. However, the most important is that foreign companies see Chile as a safe destination to undertake new projects and expand their existing operations. "Today, our country is particularly well-positioned to offer investment opportunities critical to the global challenges of decarbonization and digital revolution," said Flores.

Ninety-seven portfolio projects are underway, injecting US $14.4 billion in investment and more than 6,100 new jobs into the economy. Relative to the first half of 2022, investment was up 36.5%, with 24.4% more initiatives underway and 60.3% more associated employment.

Energy Leads Projects

The energy sector once again led the portfolio, with 98 projects valued at US $12.35 billion, followed by the global services and technology sector, with US $5.6 billion; and mining and mining suppliers, with US $ 5.1 billion.

"It is no mystery that Chile leads the region and is an international benchmark in the clean energy sector. While it is true that the industry has been facing significant challenges recently, the interest shown by foreign companies has not diminished," remarked InvestChile's Director on the growth of energy-related projects. She added that foreign energy investors "received as very good news" the submission of the energy transition bill, which would modify the General Electric Services Law and position electricity transmission as an enabling sector for carbon neutrality.

Among the main countries in the project portfolio, the United States led the list, with 131 projects totaling US $6.6 billion. China ranked second with initiatives for US$4.6 billion; Canada comes third, with projects totaling US $2.8 billion.

"We are working with demanding targets to keep the portfolio growing, as reflected in the number of projects entered during the period. This figure represents efforts by our team and the result of 'smart' promotion strategies involving advanced digital marketing techniques and the fortification of our strategy and competitive intelligence units. We expect to close this year with good news for the country," concluded Flores.

Contact Information
Claudio Alvarez
Head of Communications at InvestChile
calvarez@investchile.gob.cl

Denisse Vasquez
Journalist at InvestChile
dvasquez@investchile.gob.cl

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

The Personalized Lifestyle Medicine Institute Announces the 11th Annual Thought Leaders Consortium

SEATTLE, WA, Aug 22, 2023 – (ACN Newswire) – The Personalized Lifestyle Medicine Institute (PLMI) is excited to bring together researchers, clinicians, industry leaders, and anyone interested in Functional Medicine for its 11th Annual Thought Leaders Consortium: Next Generation Clinical Management of Chronic Neuroimmune Disorders this October in Seattle, WA.


Personalized Lifestyle Medicine Institute – 11th Annual Thought Leaders Consortium


The two-day event, located at the Seattle Marriott Waterfront, features leading innovators in the application of next-generation approaches for managing complex chronic neuroimmune disorders and will focus on recent discoveries and how to translate this information into clinical practice.

The program will explore the root causes of illness, the complexity of genetic and epigenetic influences, and the power of lifestyle, diet, and environmental and social factors that can impact therapeutic outcomes, with an emphasis on skill development, faculty interaction, and dynamic attendee participation.

With more than 35 countries represented, this immersive educational event is a realization of PLMI's mission to bring together researchers, clinicians, industry leaders, media leaders, and other stakeholders to focus on new models of healthcare delivery, advancements in medical nutrition therapy, and exciting emerging science.

Beginning on October 20, the first session focuses on advances in the management of neuroimmune disorders, with speakers including Jeffrey Bland, Ph.D., who has spent more than four decades focused on the improvement of human health and is known worldwide as the founder of the Functional Medicine movement. His pioneering work created PLMI as well as the Institute for Functional Medicine (IFM). Other topics will include the unique features of specific plant foods in managing neuroimmune disorders and genomic testing and what it says about the risk of neuroimmune disorders.

Three more engaging sessions will be covered during the event with topics including neuroimmune assessment and intervention, advances in personalizing neuroimmune interventions, and advances in repairing broken brain-behavior connections. Attendees will hear from internationally recognized experts such as Dr. Terry Wahls, Aristo Vojdani, PhD, MD, Bridget Briggs, MD, Deanna Minich, Ph.D., CNS, Dale Bredesen, MD, and more. For a full list of speakers and their topics, see the event agenda here.

The last session will also include a discussion period among faculty and attendees and end with closing comments from Dr. Bland.

PLMI looks forward to exploring these approaches to managing chronic conditions with the consortium's attendees. Space is limited at the event, and those wishing to attend can register here.

About PLMI

The mission of the Personalized Lifestyle Medicine Institute is to bring together researchers, clinicians, industry leaders, media leaders, and other stakeholders to focus on new models of healthcare delivery, advancements in medical nutrition therapy, and exciting emerging science. Our vision encompasses building a community around dynamic collaborations, compelling dialogues, evidence-based information and resources, and immersive educational events. Since 1991, hundreds of thousands of healthcare practitioners have participated in PLMI programs, and this collective knowledge has positively impacted the lives of patients all over the world.

Contact Information
Nicole Fox
Media Management
info@plminstitute.org
(206) 201-3794

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Palladium One Discovers Highly Anomalous Nickel, Copper and Cobalt Values Between the West Pickle and RJ Zones on Tyko Ni – Cu Project

Toronto, Ontario–(Newsfile Corp. – August 22, 2023) – Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the “Company” or “Palladium One“) is pleased to announce it has discovered several highly anomalous nickel, copper, and cobalt soil anomalies potentially linking the West Pickle and RJ Zones, which are 2.5 kilometers apart. The soil sampling was conducted along an interpreted chonolith / feeder dyke structure. Additionally, the Company is pleased to announce that it has now earned an 80% interest in the Pezim II Property which contains the high-grade West Pickle Zone, that forms part of the larger Tyko Nickel – Copper Project, in Ontario, Canada.

Highlights

  • Multiple highly anomalous nickel, copper and cobalt anomalies in soils (Figure 2) potentially linking the high-grade West Pickle and RJ Zones along an Interpreted Chonolith / Feeder Dyke structure with values up to:
    • 785 ppm Nickel
    • 431 ppm Copper
    • 49 ppm Cobalt
  • Preliminary geological mapping discovers new ultramafic outcrops and boulders in the western part of the Tyko Project thereby continuing to support the Company’s geological model.
  • The 2023 Exploration Program is well advanced with over 5,000 soil samples collected to date, while today’s announcement represents the first <10% or 465 samples.
  • Palladium One has now earned an 80% interest in the high-grade West Pickle Zone.
    • The West Pickle Zone has returned up to 10.4% Ni, 3.4% Cu, 0.14% Co, 0.53 g/t Pd, 0.34 g/t Pt, 0.04 g/t Au over 2.3 meters in massive sulphides in hole TK-22-070 (see news release November 29, 2022).

President and CEO, Derrick Weyrauch commented, “We are very pleased with the first result of the 2023 Exploration Program which has returned highly anomalous nickel, copper and cobalt in soils along a considerable area (1.3 kilometers) between the West Pickle and RJ Zones. These results continue to support our geological model that strong magnetic anomalies located between West Pickle and RJ Zones represent a chonolith / feeder dyke potentially linking both zones.”

The newly discovered nickel, copper and cobalt anomalies along the interpreted chonolith / feeder dykes potentially linking the West Pickle and RJ Zone are very strong, with values up to 785 ppm Ni and 431 ppm Cu (Figure 2). For comparison previous soil sampling over the high-grade West Pickle Zone returned up to 116 ppm Ni and 153 ppm Cu, and Smoke Lake Zone retuned up to 565 ppm Ni and 106 ppm Cu. Significantly, the samples contain highly elevated magnesium and chrome values thereby indicating a strong ultramafic signature which further supports the Company’s geological model that a chonolith / feeder dyke occurs in this area.

Mapping, prospecting and soil sampling continues, results are encouraging with ultramafic outcrops and boulders having been discovered in several interpreted chonolith / feeder dyke structures, once again supporting the Company’s geological model. A total of 465 soil samples are included in this release while to date over 5,000 soil samples have been collected.

The key objective of the 2023 Exploration Program at Tyko is ground truthing interpreted chonoliths / feeder dykes prior to diamond drilling (Figure 3). As part of the program, in Q1 2023, the Company completed a high-resolution magnetic survey (see news release May 16, 2023), the results of which are presented in Figures 1 and 3. The 2023 magnetic survey was designed to refine the geometry of the interpreted chonoliths / feeder dykes across the Tyko project’s 30-kilometer strike length. Preliminary geological mapping in the western portion of the property has identified outcrops and boulders of ultramafic pyroxenites which continue to support the chonolith / feeder dyke geological model.

Pezim II Claim Block Earn In Agreement (see Figure 1)
The Pezim II claim block optioned from First Class Metals in 2021 (see news release July 27, 2021). Having now completed the requirements to earn an 80% working interest, a Joint Venture Agreement shall be instituted and the Company shall continue to be the operator. Should either party not fully participate in future expenditures, its ownership interest shall be diluted and if one party is diluted to a 10% working interest, that party (“NSR Holder”) shall be granted a 1% NSR Royalty in respect of the Earn-In Properties, while the Surviving Party shall be granted a 100% undivided working interest. The Surviving Party shall have the right at any time to purchase from the NSR Holder the 1% NSR Royalty by way of a one-time payment to the NSR Holder of $1,000,000 for the full 1% NSR.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6502/178026_4a663030742edabe_001.jpg

Figure 1. Tyko Property map showing the mineralized zones and multi-line Versatile Time Domain Electromagnetic (“VTEM”) anomalies, background is total magnetic intensity reduced to pole (“TMI-RTP”). The Pezim II claim block is outlined in yellow.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6502/178026_4a663030742edabe_001full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6502/178026_4a663030742edabe_002.jpg

Figure 2. Zoom in on West Pickle – RJ Zone area showing 2021 and 2023 soil sampling results overlaid on the 2023 high resolution magnetic survey highlighting the interpreted chonolith / feeder dyke structure.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6502/178026_4a663030742edabe_002full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6502/178026_4a663030742edabe_003.jpg

Figure 3. Zoom in on 2023 priority exploration areas showing existing drill holes, interpreted chonoliths / feeder dykes, and proposed work programs. background is TMI-RTP magnetics.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6502/178026_4a663030742edabe_003full.jpg

About Tyko Nickel – Copper – Cobalt Project
The Tyko Nickel – Copper – Cobalt Project, is located approximately 65 kilometers northeast of Marathon Ontario, Canada. Tyko is an early stage, high sulphide tenor, nickel – copper (2:1 ratio) project and with multiple mineralized zones spanning over a 20 kilometer strike length and demonstrating the potential for a new greenfield nickel district.

New Equity Incentive Plan
The Company adopted a new equity incentive plan (the “New Plan”), which was approved by the shareholders of the Company at the annual general and special meeting of shareholders held on July 24, 2023. The New Plan is a “rolling up to 10%” share-based compensation plan and allows the board of directors to grant stock options, restricted share units and deferred share units of the Company (collectively, “Awards”). Any Awards currently outstanding under the Company’s previous share-based compensation plans will remain outstanding and be governed by the previous plans, however new Award grants will be subject to the New Plan.

A copy of the New Plan is attached to the management information circular of the Meeting, a copy of which was filed on SEDAR on June 30, 2023.

Qualified Person
The technical information in this release has been reviewed and verified by Neil Pettigrew, M.Sc., P. Geo., Vice President of Exploration and a director of the Company and the Qualified Person as defined by National Instrument 43-101.

About Palladium One

Palladium One Mining Inc. (TSXV: PDM) is focused on discovering environmentally and socially conscious Critical Green Transportation Metals. A Canadian mineral exploration and development company, Palladium One is targeting district scale, nickel – copper sulphide and platinum-group-element (PGE) deposits in Canada and Finland. The Läntinen Koillismaa (LK) Project in north-central Finland, is a PGE-copper-nickel project that has existing NI43-101 Mineral Resources, while both the Tyko and Canalask high-grade nickel-copper projects are located in Ontario and the Yukon, Canada, respectively. Follow Palladium One on LinkedIn, Twitter, and at www.palladiumoneinc.com.

ON BEHALF OF THE BOARD
“Derrick Weyrauch”
President & CEO, Director

For further information contact:
Derrick Weyrauch, President & CEO
Email: info@palladiumoneinc.com

Neither the TSX Venture Exchange nor its Market Regulator (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release is not an offer or a solicitation of an offer of securities for sale in the United States of America. The common shares of Palladium One Mining Inc. have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.

Information set forth in this press release may contain forward-looking statements. Forward-looking statements are statements that relate to future, not past events. In this context, forward-looking statements often address a company’s expected future business and financial performance, and often contain words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, and “intend”, statements that an action or event “may”, “might”, “could”, “should”, or “will” be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in palladium and other commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the absence of dividends; competition; dilution; the volatility of our common share price and volume; and tax consequences to Canadian and U.S. Shareholders. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/178026



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Kingsoft Announces 2023 Interim and Second Quarter Results

HONG KONG, Aug 22, 2023 – (ACN Newswire) – Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited 2023 interim results and its second quarter results for the period ended 30 June 2023.

For the first half of 2023, the revenue of Kingsoft increased 13% year-on-year to RMB4,163.8 million. Revenue from office software and services business increased 21% year-on-year to RMB2,172.5 million. Revenue from online games and others increased 5% year-on-year to RMB1,991.3 million. Revenue from office software and services and online games and others represented 52% and 48%, respectively, of total revenue for the first half of 2023. Gross profit for the first half of 2023 increased 16% year-on-year to RMB3,457.2 million, while operating profit increased 24% year-on-year to RMB1,136.0 million.

For the second quarter of 2023, the Company's revenue increased 20% year-on-year to RMB2,193.5 million. Revenue from office software and services business increased 21% year-on-year to RMB1,120.8 million. Revenue from online games and others business increased 18% year-on-year to RMB1,072.6 million. Revenue from office software and services and online games and others represented 51% and 49%, respectively, of total revenue for the second quarter of 2023. Gross profit for the second quarter of 2023 increased 25% year-on-year to RMB1,831.8 million, while operating profit increased 61% year-on-year to RMB675.7 million.

Mr. Jun LEI, Chairman of the Company, commented, "Our core businesses achieved robust growth in the second quarter of 2023. Kingsoft Office Group has seized emerging opportunities brought about by large language models ("LLMs"), actively engages in product development within this field to enhance users' work efficiency. Meanwhile, the Group addresses the digital transformation needs of organizational users, aligning with the 'multi-screen, cloud, content, artificial intelligence ("AI"), collaboration' strategy, presenting solid growth in its business performance. Online games business focuses on developing premium games. Flagship JX Online III continued to enjoy popularity among players and achieved record-high quarterly gross billings. Anime game Snowbreak: Containment Zone expanded our user base and tapped into international markets, showcasing our determination to explore new game genres and global markets. The steady progress of our core businesses provides a solid foundation for the execution of our strategy."

Mr. Tao ZOU, Chief Executive Officer of the Company, added, "The Group achieved strong revenue growth in the second quarter, reaching RMB2,193.5 million, marking a year-on-year increase of 20%. This growth was primarily driven by the exceptional performance of the JX Online III and sustainable growth in subscription businesses of both individuals and institutions from Kingsoft Office Group. Operating profit amounted to RMB675.7 million, exhibiting a year-on-year growth of 61%. These achievements reflected our continuous efforts to enhance core competitiveness, getting well prepared to seize new opportunities."

BUSINESS REVIEW

Office Software and Services
For the first half of 2023, revenue from office software and services business increased 21% year-on-year to RMB2,172.5 million. Revenue in the second quarter increased 21% year-on-year to RMB1,120.8 million. Kingsoft Office Group embraces the opportunities brought about by AI and introduced WPS AI, an intelligent office assistant based on LLMs, initiated its Open Beta overseas. The Group unveiled the spring version of WPS Office, enhancing product capabilities, and providing seamless cloud integration experience.

In individual subscription business, Kingsoft Office Group took comprehensive steps towards improving user experience. While adhering to a long-term membership strategy, we merged functional and resource-based memberships, upgrading the membership benefits structure, and offered tailored benefits for specific needs.

Related to institutional subscription business, Kingsoft Office Group continued promoting cloud integration and collaborative office progress and delving into business scenarios for government and enterprises. The Group deepened product capabilities to serve industries such as finance, energy, publishing, healthcare, and high-end manufacturing. This involved incubating secure and efficient industry-specific solutions, aiming at enhancing organizational efficiency for institutions. We consistently expanded our ecosystem, and jointly built digital office application scenarios with partners.

Kingsoft Office Group has closely monitored the localization industry policy changes and customer demand, and taken the initiative to tap local government and industry localization markets in advance. In terms of overseas business, based on a solid foundation in the mobile sector, we continued to cultivate our user base on desktop platforms. Looking ahead, Kingsoft Office Group will uphold the service concept of "user first" and "relentless innovation", ensuring that more users can easily enjoy the benefits of intelligent office solutions.

Online Games and Others
In the first half of 2023, revenue from online games and others increased 5% year-on-year to RMB1,991.3 million, and revenue for the second quarter of 2023 increased by 18% year-on-year to RMB1,072.6 million. Our online gaming business demonstrated outstanding performance over the quarter, reflecting our ability to sustain premium games' longevity. This success reflected in the increase in daily active users and gross billings of JX Online III. We have remained committed to enhancing the content and players experience of JX Online III, resulting in positive response. Self-developed game, Snowbreak: Containment Zone, combining shooting gameplay and anime aesthetics, provided users with fresh and innovative gaming experience. This game was simultaneously launched on both PC and mobile platforms worldwide. It achieved instant acclaim by topping the free games chart on the iOS App Store in China, as well as in major international markets like the US, Japan, and South Korea upon its launch.

Looking ahead, we will maintain our commitment to a user-oriented approach, paying close attention to feedback and suggestions from our players. Meanwhile, we have been enhancing and optimizing our games to further enrich the user experience. In the fourth quarter, we plan to launch the upgrade version of JX Online III PC game, further extending the IP's vitality. Self-developed mobile game World of Sword Origin, which has received gaming license approval, is scheduled for release in Mainland China.

Mr. Jun LEI concluded: "We are confident in the future opportunities and challenges. The Group will manage core businesses steadily, drive innovation, create top-tier digital office services and premium gaming content for a global user base. We adhere to technology-driven business, committing to high-quality sustainable development, aiming to deliver better products and services to our users and create long-term value for our shareholders."

About Kingsoft Corporation Limited
Kingsoft is a leading software and Internet services company based in China listed on the stock exchange of Hong Kong. It has three main subsidiaries including Kingsoft Office, Seasun and Kingsoft Shiyou. Following the implementation of its "mobile internet transformation" strategy, Kingsoft has completed the comprehensive transformation of its overall business and management models, and formed a strategic platform with office software and interactive entertainment as the pillars and cloud services and AI as the new directions. The Company has more than 7,000 staff around the world and enjoys a large market share in China. For more information, please visit http://www.kingsoft.com.

Kingsoft Investor Relations:
Francie Lu Tel: (86) 10 6292 7777 Email: ir@kingsoft.com
For further queries, please contact Hill+Knowlton Strategies Asia:
Ovina Zhu Tel: (852) 2894 6315 Email: kingsoft@hkstrategies.com


Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

ICDX Group Facilitates Initial Trade of Renewable Energy Certificates (REC)

JAKARTA, Aug 22, 2023 – (ACN Newswire) – Indonesia Commodity & Derivatives Exchange Group (ICDX Group), through its entity Indonesia Climate Exchange (ICX), officially facilitated the initial trading of Renewable Energy Certificates (REC). This first voluntary REC trade carried out by ICX was sourced from Geothermal Power Plants and also Micro Hydro Power Plants.



This initial trade includes a REC transaction of 1.050 MWh, with an opening price of IDR 35,000 and an auction closing price of IDR 38,000, an increase of 8.57%. This trade is proof that market participants can trade market-based climate instruments through an effective, efficient, open platform, as proven by higher auction closing prices, driven by increased demand.

Renewable Energy Certificate (REC) is a certificate that proves that electricity production per megawatt hour (MWh) comes from non-fossil power plants, such as hydropower, wind power, solar power, geothermal or bioenergy-based plants. REC trading that occurs on ICX can be a market-based solution to provide economic incentives to market players and renewable energy investors.

Nursalam, CEO of ICDX Group said, "By using the platform at ICX, industry players will be provided with convenience in terms of market access, as well as accountable and transparent trading. This certainly opens up space for corporations to be able to make the transition towards low-carbon operations. ICDX Group will continue to push for decarbonization efforts through the democratization of carbon trading. Our hope, of course, is that what we have implemented in the future can be replicated for other climate instruments such as carbon trading on a wider scale."

Nursalam added, "Of course we really appreciate those who have participated in the decarbonization program through the REC trade. This shows that the responsibility towards low carbon emissions is our shared responsibility. For now, several corporations that have participated are PT Agrodana Futures, PT Phillip Futures, PT Victory International Futures, PT Magnet Berjangka Indonesia, PT Rajawali Kapital Berjangka, PT Handal Semesta Berjangka, and several other entities. In the future, we will continue to invite various parties to participate in this program."

Megain Widjaja, CEO Indonesia Climate Exchange (ICX) said, "The REC transaction by the ICX has undergone a rigorous trial and alignment phase. This phase adhered to global standards in terms of technology and ecosystem. ICX is dedicated to expanding the range of climate instruments available on our platform. Our goal is to become the preferred choice for both government and industry players looking to transition towards low-carbon operations."

By engaging in this REC transaction, the Indonesia Climate Exchange has the potential to establish itself as a pioneering platform for climate instrument trading. This includes the widespread implementation of carbon trading and facilitating the adoption of various industries throughout Indonesia. The development of climate instrument trading necessitates collaboration between stakeholders and the government to effectively Development related to trade in climate instruments requires synergy between actors and the government in order to achieve the unconditional Nationally Determined Contribution (NDC) target of 31.89% and conditional target of 43.2% with the Business as Usual (BaU) mechanism in 2030 in efforts to reduce emissions carbon. "We invite all stakeholders to jointly make efforts to reduce carbon emissions," added Megain.

The trading of the Renewable Energy Certificate (REC) has been in existence since 2014. This was a result of the RE100 movement initiated by a consortium of major global corporations with the objective of achieving complete reliance on renewable electricity consumption. The set goals for renewable energy consumption include reaching a minimum of 30% by 2020, 60% by 2030, 90% by 2040, and ultimately achieving full utilization of renewable energy sources by attaining a target rate of 100% in 2050.

About the ICDX Group:

The Indonesia Commodity & Derivatives Exchange Group (ICDX Group) is a trading ecosystem consisting of the Commodity Exchange (ICDX), the Indonesian Clearing House (ICH), ICDX Bonded Logistics (ILB) and the Indonesia Climate Exchange (ICX). ICDX Group facilitates transactions of various types of commodities, finance and climate, which was established in 2009. ICDX Group has a vision to modernize trade and financial infrastructure through a commodity trading system ecosystem and market deepening through derivative contracts. Visit: https://www.icdx.co.id/

About Indonesia Climate Exchange (ICX):

Indonesia Climate Exchange (ICX), a part of the ICDX Group, was established to aid the government's mission of decreasing carbon emissions. It specializes in trading climate instruments and aims to make decarbonization accessible for all industry participants through convenient transactions, diverse product options, and transparent accountability. This enables businesses to seamlessly transition to low-carbon operations by utilizing Indonesia Climate Exchange services. Visit: https://www.climateexchange.id/

For further Information:
P Giri Hatmoko
Indonesia Commodity & Derivatives Exchange (ICDX) Group
Tel: +62 21 30027788
www.icdx.co.id

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com