DUCKble The Joy, DUCKble The Fun! Campaign Launches!

HONG KONG, Jun 12, 2023 – (ACN Newswire) – DOTTED, the mobile-first Web3 platform founded in Hong Kong and backed by Animoca Brands, is delighted to announce its partnership with VSFG, the first SFC-approved virtual asset manager in Hong Kong, as its Web3 and NFT partner on the "DOUBLE DUCKS with Hong Kong Signature Icons" digital collectibles to promote the mass adoption of virtual assets. To celebrate this collaboration, DOTTED is launching a campaign called "DUCKble The Joy, DUCKble The Fun!" which aims to provide two types of rewards to the local community and tourists.

The "DOUBLE DUCKS with Hong Kong Signature Icons" series is part of the large-scale public art exhibition "DOUBLE DUCKS by Florentijn Hofman" ("DOUBLE DUCK") project organized by AllRightsReserved (ARR) with the support of Hong Kong Tourism Board. The series was unveiled to the public earlier this month, captivating both local citizens and tourists with its unique charm. ARR recognised the tremendous popularity of the series and subsequently transformed the motifs into a collection of blockchain-powered digital collectible collection to further promote intellectual property in the era of Web3.

VSFG is one of the sponsors of the "DOUBLE DUCKS" project and one of the designated platforms of the "DOUBLE DUCKS with Hong Kong Signature Icons" digital collectibles. As the Web3 & NFT partner of VSFG, DOTTED will help distribute six digital artworks showcasing iconic Hong Kong elements to the public through its easy-to-use platform, such as the city's taxis, pineapple buns, Choi Hung Estate, the Space Museum, the Big Buddha and the Bun Festival. Starting from now until July 12, 2023, participants can register on DOTTED's campaign website for a chance to win a unique DOUBLE DUCKS digital collectible. For more information and details on how to participate, please refer the appendix or visit the campaign website at: doubleducks.dttd.io

Additionally, DOTTED is launching "DUCKble The Joy, DUCKble The Fun" campaign, offering participants a chance to win a DOUBLE DUCKs digital collectible, as well as exclusive rewards up for grabs through in-app events.

DOTTED is empowering the people and visitors of Hong Kong to explore the latest trends in Artificial Intelligence (AI). Through its new AI text-to-image generation feature, users can create images by entering unique prompts, then mint the image into Non-Fungible Tokens (NFTs) on the blockchain. Participants can also vote for their favorite images and share them with friends. The revolutionary AI-driven campaign is transforming the way brands connect with the people of Hong Kong. Brand participants such as Regal Hotels, Hong Kong Tramways and foodpanda offer participants the opportunity to receive exclusive rewards, including luxurious staycations, delectable food vouchers, and unforgettable curated experiences. More details and rules of the campaign are available here. ( https://rewards.dttd.io/ )

Bosco Lin, Co-Founder, and CEO of DOTTED is excited about the collaboration, "as a company founded and based in Hong Kong, we are thrilled to be a part of this event that showcases the culture and uniqueness of our city to the world. DOTTED, is committed to making these new technologies and innovations accessible to everyone. We are excited to demonstrate that through our involvement in this project."

About VSFG

Venture Smart Financial Holdings Limited (VSFG) is a financial services platform in Hong Kong.

VSFG strives to integrate traditional wealth management with the future of finance. In 2020, Venture Smart Asia Limited, subsidiary of VSFG, became the first virtual asset manager in Hong Kong approved by HKSFC to manage portfolios that may invest up to 100% of assets in crypto assets. VSFG is dedicated to the research and development of products and services that can integrate traditional and virtual assets under a compliant regulatory framework, helping individuals and institutions to allocate their assets in an orderly manner in both traditional and virtual worlds. In addition, VSFG and its affiliated companies are committed to proactively developing and delivering relevant services to promote the development of both family office businesses and virtual assets, shoring up Hong Kong's position as a global financial centre. For further information on VSFG, please visit www.vsfg.com.

About DOTTED

DOTTED is simplifying digital ownership and empowering Web3, that is built and based out of Hong Kong. We provide an NFT-first visual experience that is tailored to your phone. Our suite of services and tools help crypto natives, newbies, businesses and anyone with an internet connection manage all their digital assets in a single place. For more information, visit https://www.dttd.io and our Twitter @dttd_nft

The DTTD App is available to the public to download from the Apple App Store or Google Play Store here: https://bit.ly/3BqA740

For more information, enquiries and interview opportunities, please contact:

ChunHo Chow Tamir Abdel-wahab
chunho@dttd.io
tamir@dttd.io

More information and official images are available at https://bit.ly/DTTD_presskit

"DUCKble The Joy, DUCKble The Fun!" Campaign Details
Date: 12 Jun 2023 – 12 July 2023
Campaign Website: doubleducks.dttd.io

Round 1 – Register for a chance to win "DOUBLE DUCKS with Hong Kong Signature Icons" Digital Collectibles

Participants can register on the campaign website with their email addresses and answering a simple question. Upon submission, participants have to download the DTTD app and create an account to automatically receive an NFT ticket which gives them a chance to win a limited DOUBLE DUCKS digital collectible. To boost the chances of winning, participants are encouraged to refer family and friends to join the campaign. The more people they refer, the higher chance they can win DOUBLE DUCKS digital collectibles. Participants can track their process through the leader board throughout the campaign.

Round 2 – Mint your own NFT to unlock amazing rewards

Participants who have successfully registered for the campaign and collected the NFT ticket can immediately enjoy the basic offers provided by our merchant partners.

Additionally they can join the AI Minting Campaign to earn extra rewards. Users log into the DTTD app and generate images by using the AI text-to-image generation feature: enter prompts to create an image, then mint it as a Non-Fungible Token (NFT) to unlock more offers. Participants can also vote for their favorite images and share them with friends. Creators of the most popular NFTs will win premium prizes, including staycations, food vouchers and curated experiences.

Participating Merchants Partners include:
(In alphabetical order)

– Amalfitana
– BRICK LANE
– CAMPSITE
– Carnaby Fair
– Chart Coffee
– CheckCheckCin
– Cookieism
– Faye Hong Kong
– foodpanda mall
– Fratelli
– Hong Kong Tramways
– iClub
– KIBO
– LAB EAT
– LITE Salad Bar
– Maison Kayser
– Mammy Pancake
– Mezzanine Makers
– NODI Coffee
– pandamart
– Regal Hotels
– Regala Skycity Hotel
– RiceOnly
– Trois Cafe

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

Satellite Operators Maintain a Positive Outlook on The Future of The Industry and Talk Up Integration, Adaptation and Cooperation

SINGAPORE, Jun 12, 2023 – (ACN Newswire) – On June 6, the Asia Video Industry Association (AVIA) annual satellite conference, the Satellite Industry Forum, welcomed over 140 delegates and speakers including some of the satellite industry's largest operators for a day of discussion on the challenges and growth opportunities of the satellite connectivity market valued at $11.2 billion in 2021, and projected to reach $22.1 billion by 2031.

The conference opened with the regional operators on how they would fit in the rapidly evolving world of satellite. Raymond Chow, recently appointed as Chief Commercial Officer, AsiaSat, provided an overview of AsiaSat's business strategies and emphasized the importance to focus and improve AsiaSat's video business to deliver content to the big screen and small screen. He also opined that customers understand that quality of service can be more important than a small difference in pricing. Being the first private satellite operator company in Indonesia with over 330Gbps capacity across 3 satellites for Indonesia, Malaysia and Philippines, Agus Budi Tjahjono, Director of Commercial, PSN, is optimistic that PSN will become the biggest satellite capacity provider in the ASEAN region by the end of 2023. Besides sharing his optimism on the growth for demand for satellite communication, Yutaka Moriai, Executive Officer, Group President – Global Business Group, Space Business Unit, SKY Perfect JSAT, also foresees great opportunities in building highly integrated space network for both innovative communication and data collection, with plans to invest up to YEN150b (US$1.1b) by 2030. Besides looking into the new domain of highly integrated space network, SKY Perfect JSAT is also poised for an aggressive push into Earth Observation Space. Patompob (Nile) Suwansiri, CEO, Thaicom, shared similar optimism in the Earth Observation Space and GEO special intelligence arena, especially in their home market. Thaicom is also expecting their first commercial partnership in LEO satellite IOT business in Thailand with Globalstar in the coming months.

While there is a trend from Satellite to Cloud, the role of satellite in video distribution is still a growing business, and to achieve this, Sanjay Duda, CEO, Planetcast Media Services, highlighted the need for satellite companies to evolve their business to support the business plan of the video players. Echoing similar sentiments, Alistair Roseburgh, Director, Operations APAC, A+E Networks Asia, noted that satellite remains the choice of delivery for their core pay TV business. Diversification and experimentation in businesses is also more common compared to the past. While FAST (Free Ad-Supported TV) has not yet gained much traction in Asia, Rajeev Gambhir, Senior Director (Technology & Policy), SatCom Industry Association, asked fellow panelists about their predictions and what more needs to be done. Alistair highlighted the need for more flexibility such as the pay as you go model which is commonly used by cloud services and the ability to launch and discontinue a service quickly depending on its popularity. While Sanjay stressed on the need for integration with other technologies to deliver seamless connectivity to the consumer.

Building on the optimism on the future of the satellite industry, Cyril Dujardin, General Manager, Connectivity Business Unit, Eutelsat, shared the firm's commitment to building a stronger presence in the connectivity business – mainly their decision to invest in Oneweb. In the same panel hosted by David Bruner, CEO and Principal Consultant, Aviation Communications Advisors (ACA), Mark Rigolle, COO, Rivada Space Networks, shared that the design and market segment for Rivada remains largely similar with LeoSat, except that there is greater market acceptance compared to the past and that their focus on funding is now from telco investors.

In the Philippines where many areas are still unserved or underserved, the general sentiment from operators is that satellite technology will be a game changer. Quoting examples from the major presence and growth of ABS in Philippines, from the first acquisition of Mabuhay Satellite in 2009 to currently having five in-orbit satellites, Vincent Lim, MD, Asia Sales, ABS, pointed out that satellite technology remains as the main form of connectivity in Philippines although consumer broadband is starting to pick up. Agreeing, Brandon Seir, Chief Commercial Officer, Kacific Broadband Satellites, also noted the high cost of routing fibre, the only way to reach out to those places would be through satellite. Ganendra Selvaraj, Chief Commercial Officer, MEASAT, emphasized MEASAT's commitment for digital inclusion, to provide opportunities to people and improve affordability through the community Wi-Fi model which has proven to be successful in Malaysia. General sentiment from the panel was that the Philippines market presents huge opportunity, but more regional cooperation is needed.

From a service provider's perspective, Alan Cheng, Sales Manager, Pacific, SES, disagreed that there is an oversupply in the market and highlighted the desire for more capacity in the pacific region, drawing attention on the vast market that is not yet connected. Mahdi Nazari Mehrabi, CTIO, Northtelecom, noted that although GSO operators might see LEO as a threat, which all three GSO operators denied in unison, it could be an opportunity and quoted Starlink as an example, and stressed the importance of great marketing to put traditional satellite industry for general consumers. Beatrice Mok, Corporate Development Director, Kacific Broadband Satellites, added that it's a fallacy that no contract and low pricing is unique to LEO and cautioned about the attractive pricing from new entrants trying to capture market share and that regulators also have a part to play in preventing predatory pricing in the satellite industry. Expanding on the point of why GSO operators do not see LEO as a threat, Robert Suber, Director, Asia Pacific Sales, Intelsat, highlighted that, it's telco and mobile network operators across the pacific which are worried that OTT and connectivity players bypassing their network and eroding revenues.

Wrapping up the conference, female leaders took the stage to discuss how to tackle the challenges in the industry and in particular, the lack of women in leadership roles. In the panel moderated by Irina Petrov, VP MarCom & Membership at GSOA, Jacinth Lau, Deputy Director (Industry), Office for Space Technology & Industry (OSTIn), pointed to the lack of awareness of career opportunities amongst the younger generation, the lack of space technology degrees and courses at local tertiary institutions and the difficulties in securing talents due to global competition. Nevertheless, she was optimistic about Singapore's focused efforts in investments of research around Singapore's core strengths as an aviation and maritime hub and collaboration with universities and research institutes. CTO of Boeing Satellite, Rachelle Radpour elaborated not just on the need for diversity in the space industry, but it is also critical to ensure equal access to opportunities, work life balance, keeping a pipeline and culture which supports all stages of an employee's career, regardless of their gender. Despina Panayiotou Theodosiou, Co-CEO, TOTOTHEO MARITIME, highlighted the importance of having a role model for young women while also stressing the need for fresh ideas, patience and persistence to make changes.

The Satellite Industry Forum is proudly sponsored by AsiaSat, Eutelsat, Gilat, Hughes, Integrasys, Intelsat, Kacific Broadband Satellites, Marsh, Milbank, Northtelecom, SES, SKY Perfect JSAT, SpaceLogistics and Thaicom.

About the Asia Video Industry Association

The Asia Video Industry Association (AVIA) is the trade association for the video industry and ecosystem in Asia Pacific. It serves to make the video industry stronger and healthier through promoting the common interests of its members. AVIA is the interlocutor for the industry with governments across the region, leads the fight against video piracy through its Coalition Against Piracy (CAP) and provides insight into the video industry through reports and conferences aimed to support a vibrant video industry.

For media enquiries and additional background information, please contact:

Charmaine Kwan
Head of Marketing and Communications
Email: charmaine@avia.org

Tan Teck Wee
Marketing & Communications Executive
Email: teckwee@avia.org

Website: www.avia.org
LinkedIn: www.linkedin.com/company/asiavideoia
Twitter: @AsiaVideoIA

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

VSFG Proudly Sponsors the “DOUBLE DUCKS” Project and Partners with DOTTED on the Official Digital Collectible Collection to Drive Web3 Mass Adoption

HONG KONG, Jun 12, 2023 – (ACN Newswire) – Venture Smart Financial Holdings Limited ("VSFG"), the first SFC-approved virtual asset manager in Hong Kong is delighted to announce its sponsorship of the "DOUBLE DUCKS by Florentijn Hofman" ("DOUBLE DUCKS") project, the large-scale public art exhibition organized by local creative brand AllRightsReserved (ARR). Partnering with its Web3 and NFT partner, DOTTED, the mobile-first Web3 platform backed by Animoca Brands, VSFG will collaborate on the distribution of the exclusive "DOUBLE DUCKS with Hong Kong Signature Icons" digital collectibles to promote happiness in Hong Kong this summer and drive the mass adoption of virtual assets in the city.

The "DOUBLE DUCKS with Hong Kong Signature Icons" series was unveiled to the public earlier this month, captivating both local citizens and tourists with its unique charm. The project's organizer, ARR, recognised the tremendous popularity of the series and subsequently transformed the motifs into a collection of blockchain-powered official digital collectible collection as a free giveaway to the public to further promote intellectual property in the era of Web3 and widespread ownership. As the proud sponsor of the "DOUBLE DUCKS" project, VSFG is excited to collaborate with its Web3 & NFT partner, DOTTED, in distributing these official digital collectibles.

Limited Editions of six digital artworks showcasing iconic Hong Kong elements, such as the city's taxis, pineapple bun, Choi Hung Estate, the Space Museum, the Big Buddha and the Bun Festival, will be made available to the public through DOTTED. Starting from now until July 12, 2023, participants can register on DOTTED's "DUCKble The Joy, DUCKble The Fun" campaign website for a chance to win an exclusive DOUBLE DUCKS digital collectible. For more information and details on how to participate, please visit DOTTED's campaign website at: https://doubleducks.dttd.io

"As a company rooted in Hong Kong and dedicated to fostering its growth as a global virtual asset hub, we are thrilled to lend our support to the "DOUBLE DUCKS" project. Our aim is to not only spread joy within Hong Kong and beyond, but also to promote virtual asset to a wider audience," said Lawrence Chu, Chairman of VSFG. "By distributing the "DOUBLE DUCKS" digital collectibles, we hope to offer the masses a glimpse into the world of virtual assets and help them take their first step into this exciting space."

Bosco Lin, Co-Founder and CEO of DOTTED, also expressed excitement about the collaboration, "We're honored to partner with VSFG in this project that bridges the realms of Web2 and Web3. At DOTTED, our mission is to champion Web3 and facilitate the widespread adoption of virtual assets. Our involvement in this project serves as a testament to our dedication in achieving this goal."

About VSFG

Venture Smart Financial Holdings Limited (VSFG) is a financial services platform in Hong Kong.

VSFG strives to integrate traditional wealth management with the future of finance. In 2020, Venture Smart Asia Limited, subsidiary of VSFG, became the first virtual asset manager in Hong Kong approved by HKSFC to manage portfolios that may invest up to 100% of assets in crypto assets. VSFG is dedicated to the research and development of products and services that can integrate traditional and virtual assets under a compliant regulatory framework, helping individuals and institutions to allocate their assets in an orderly manner in both traditional and virtual worlds. In addition, VSFG and its affiliated companies are committed to proactively developing and delivering relevant services to promote the development of both family office businesses and virtual assets, shoring up Hong Kong's position as a global financial centre. For further information on VSFG, please visit www.vsfg.com.

About DOTTED

DOTTED is simplifying digital ownership and empowering Web3, that is built and based out of Hong Kong. We provide an NFT-first visual experience that is tailored to your phone. Our suite of services and tools help crypto natives, newbies, businesses and anyone with an internet connection manage all their digital assets in a single place. For more information, visit https://www.dttd.io and our Twitter @dttd_nft

The DTTD App is available to the public to download from the Apple App Store or Google Play Store here: https://bit.ly/3BqA740

About Florentijn Hofman

https://florentijnhofman.com/

Dutch artist Florentijn Hofman (b. 1977) aims to challenge the audience's comfortableness by recasting the simple perspective on quotidian objects. The familiarity and positivity from the artwork allows the public to explore art in an affable way. Subsequently he crafts these into clear and iconic images; oddly oversize "toy" that alienate and unsettle through their sheer size and use of materials, such as Rubber Duck (2007): an inflatable giant-sized representation of a rubber duck bath-toy that has been seen in harbours across the world, from France to Brazil, New Zealand to Hong Kong, and from Pittsburgh to even Santiago in Chile. They are immediately identifiable and have an instant appeal.

The attention Hofman gives to his surroundings lets him examine the possibility of material and explore the essence and beauty of form and shape. He expands his imagination by merging the local culture into his artwork and evoking the missing interaction.

Social engagement and intercommunication are key elements of Hofman's creation. Hofman generates an encounter for the audience to his universal aesthetic by sharing his drive for sculpture in public space. The joy he creates allow audiences to abandon the idea of races and religions and enter conversations with the artworks. By enlarging the creation Hofman aims to reflect the equability and insignificance of oneself.

Hofman is best known for his playful gigantic urban installations like the giant rubber duck, the massive rabbit and many more. His works have been exhibited in more than 20 locations over the world and have become one of the most recognizable forms of urban art to date. The Dutch artist has taken his monumental Rubber Duck on a world tour and visited Hong Kong in 2013 – curated by the creative brand AllRightsReserved (ARR). For the 10th anniversary, his floating pop-art icon is returning as two enormous 'Double Ducks', reunite with citizens and tourists at the Victoria Harbour.

Hofman attended the Academy of Fine Arts in Kampen, The Netherlands in 2000; then followed his MFA from the Kunsthochschule Weissensee in Berlin, Germany.

About AllRightsReserved

Founded in 2003, AllRightsReserved (ARR) is a creative brand consistently reaching out to wherever creativity occurs. Being a vanguard of the art and cultural scene, ARR pushes the boundaries of art and challenges the confines of the medium.

World-renowned artist KAWS has been an important partner of ARR for over a decade. Shortly after they joined forces in 2010, the duo generated tremendous excitement and worldwide acclaim for works that transcend creativity and expectation. The ongoing world tour of KAWS:HOLIDAY has visited Seoul, Hong Kong, Tokyo, Bristol, Singapore, Changbai Mountain, Melbourne, and even Outer Space.

Over the years, ARR has embellished public landscapes by curating various projects ranging from art installations, art projects, and exhibitions to partnering with a meelange of leading collaborators and artists from diverse backgrounds – they include the cities' most recognisable exhibition with Yayoi Kusama "DOTS OBSESSION – SOUL OF PUMPKIN" in 2007, to four permanent colossal outdoor installations in China; global art exhibitions with contemporary artists Yusuke Hanai, Joan Cornella in Shanghai and Japan to Yu Nagaba and Verdy in Hong Kong; large-scale immersive art projects of "Rubber Duck Project – HK Tour," "1600+ Pandas World Tour" to "Light Rose Garden HK." ARR continues to articulate artists' stories in a never-ending continuum of creativity.

In addition, ARR has designed and curated exclusive marketing campaigns for numerous renowned international brands, including luxury car brand Rolls-Royce, streaming platform Netflix, and beloved characters like Doraemon and Snoopy. Together with the brands, ARR expands the limits of art and sets the pace for creative trends.

ARR offers a forward hybrid e-commerce and tangible marketplace experience to its consumers, DDT Store, which positions the creative brand as the pre-eminent contemporary art destination. DDT Store offers extraordinary pieces of pristine quality, from limited edition works in print and sculpture forms to unique art pieces with meticulous detailing. It presents the results of meticulously studied collaborations, bringing to every art lover's home a slice of the energy and vibrancy fuelling creative lifestyles everywhere.

ARR constantly explores the definition of art and remains committed to fostering the work. In honour of ARR's 20th Anniversary, "Beyond Creatorhood," a range of exclusive collaborations partnering up with long-time artists and friends will be rolled out, marking the 20-year journey of creation.

Media Contact
VSFG
marketing@vsfg.com

Strategic Financial Relations Limited
Cindy Lung / Brigid Lee / Cynthia Ng
sprg_vsfg@sprg.com.hk

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

SNS Network Technology’s JOI for All Initiative Assisting Education Transformation

IPOH, Malaysia, Jun 12, 2023 – (ACN Newswire) – SNS Network Technology Berhad, an ICT products, services and solutions provider, is happy to announce that the Group is contributing 1,000 laptops under the JOI for All project to assist students in Malaysia to access online educational tools as well as ensure that they familiarise themselves with technology.

Mr Ko Yun Hung, Managing Director of SNS; Dr Norisah Suhaili, Timbalan Ketua Pengarah Pendidikan
Malaysia Sektor Operasi Sekolah; YB. Puan Fadhlina Sidek, Menteri Pendidikan Malaysia;
and Encik Hardian Hadir, Ketua Pegawai Eksekutif Yayasan Didik Negara

The JOI for All project is part of the Group's countrywide initiative to provide ICT devices and solutions to schools as part of the Malaysian education system's digital transformation incorporating technology enabling students to better access learning tools and knowledge. The latest contribution was held under the auspices of the MADANI Education Roadshow platform.

The MADANI Education Roadshow under the Ministry of Education (MOE), organised by Yayasan Didik Negara, was launched in late March 2023 to foster ties with MOE staff as well as gather feedback and concerns from the education community on various issues related to the country's education system.

JOI is the Group's in-house brand of devices launched in 2014 and encompasses the JOI smart classroom framework launched in 2016 integrating a broad range of features to support effective teaching and learning, as well as enhance interaction and collaboration in educational institutions.

Managing Director of SNS, Ko Yun Hung noted that traditional teaching methods have been gradually changing as technology is adopted, with convenience and access to various educational tools and information bringing great benefits to teachers and students. "Through educational technology, students have access to educational resources that further enrich their learning experience. In addition, with the use of the internet, students can exchange knowledge and culture with other people from different backgrounds. This is a kind of experience that cannot be had in a book."

"As such, we believe that technology plays an important role in today's education. Especially in the 21st century, the ability to use technology wisely is one of the skills that future generations need to master. So, integrating technology with education is a useful way to equip students with computer literacy early on, and encourage them to think outside the box for innovation."

The latest round of the MADANI Education Roadshow was held in Alor Star, Kedah, and was attended by Minister of Education, YB. Puan Fadhlina Sidek, as well as other senior officials from MOE, community leaders, teachers and students.

SNS Network Technology: 0259 [BURSA: SNS], https://www.sns.com.my/

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

Vivid Fire Kitchen Heats Up Vivid Sydney 2023 With A Sizzling Local Line-Up

SINGAPORE June 12, 2023 – (ACN Newswire) – The Vivid Food program presents a stellar line-up of local culinary heroes along with internationally acclaimed pitmasters for Vivid Fire Kitchen, a barbecue of epic proportions taking place at The Cutaway, Barangaroo for three weeks of flame-fuelled festivities set alongside the immersive splendour of Vivid House.

Chef Dave Pynt

Visitors to Vivid Fire Kitchen will be spoilt for choice, with Ross Lusted from Woodcut at Crown Sydney; revered chef and fire connoisseur Tim “Chef Tonto” Yates; Danielle Alvarez; one of Australia’s most celebrated chefs, who was previously at Fred’s, and Jordan Walker Toft from Mimi’s all set to showcase their primal cooking skills.

Festival-goers can grab a free spot by the fire pit to watch pitmasters take to the coals, purchase exclusive dishes and discover tips and tricks from the best of the barbecue trade.

Vivid Fire Kitchen will also host an exciting line-up of street food, trailblazing restaurants and innovative dining concepts, including Alibi Bar & Dining; modern Indian offering Don’t Tell Aunty; NOLA Smoke House and Bar; social dining enterprises Kabul Social, Colombo Social and Coyoacán Social; low’n’slow specialists BlackBear BBQ; Brazilian Parilla barbecue specialist Pampa Flame; Asian American barbecue fusion Smok’n Blues; and the Catalonian inspired Bar La Salut, as well as the delicious brainchild of three junior fine-dining chefs, Burger Head.

Vivid Sydney Festival Director Gill Minervini said the culinary creations on offer at Vivid Fire Kitchen and throughout the Vivid Food program perfectly complemented the visual, ideas and musical experiences the festival offers.

“For the first year of Vivid Food, we couldn’t be happier with the line-up assembled across the whole program, and the latest additions to Vivid Fire Kitchen. These pitmasters and dining concepts are showcasing the best of Sydney’s culinary scene in an accessible way,” Ms Minervini said.

“With all Vivid Fire Kitchen events taking place at The Cutaway in Barangaroo, festival-goers can round out their Vivid Sydney experience here before or after experiencing the 8.5km Vivid Light Walk, along with the incredible offering from our Vivid Music and Vivid Ideas program.”

The additions to the Vivid Fire Kitchen line-up join previously announced pitmasters Lennox Hastie of Firedoor,MasterChef Australia 2021 runner-up Pete Campbell, Singapore-based, Michelin-starred chef Dave Pynt and raw fire cooking connoisseur Pip Sumbak. World Barbecue Champion Sterling Smith and Pitmasters Brasil founder Daniel Lee will also take to the coals, plus Aussie-born Jess Pryles will be bringing her innovative Texan flair to smoking and grilling.

It won’t all be about the food at Vivid Fire Kitchen: guests can also try a Fire + Ice cocktail, topped with a flaming marshmallow and served in an edible ice cup, or slake their thirst with delectable drinks from Tempus Two, 4 Pines Brewing Co. and Unexpected Guest Gin, among other leading local producers. When the sweet cravings call, head to the hot chocolate and s’mores bar or, for something stronger, drop by Mr Black for an espresso martini.

Vivid Fire Kitchen is free entry for visitors to Vivid Sydney, complementing other free festival events; the 8.5km Light Walk from Circular Quay to Central Station, including DJs at the Goods Line; thought-provoking talks at the Powerhouse and Australian Museums; and the Tumbalong Nights concert series.

Vivid Fire Kitchen is being produced by IMG, the global events company behind Gourmet Escape, Taste Festivals, The Big Feastival, New York Fashion Week: The Shows and Frieze art fairs.

For more information and to keep updated about the program, go to vividsydney.com

About Vivid Sydney

Vivid Sydney is Australia’s largest festival celebrating creativity, innovation and technology, and transforms Sydney into a kaleidoscope of colour and events for 23 nights. Staged for its 13th year in 2023, Vivid Sydney will bring together mesmerising displays from the world’s brightest light artists, exhilarating live music performances, deep-dive discussions with thought leaders, and innovative experiences from food creatives. Vivid Sydney is owned, managed and produced by Destination NSW, the NSW Government’s tourism and major events agency.

About IMG

IMG is a global leader in sports, fashion, events and media. The company manages some of the world’s greatest athletes and fashion icons; owns and operates hundreds of live events annually; and is a leading independent producer and distributor of sports and entertainment media. IMG also specialises in licensing, sports training and league development. IMG is a subsidiary of Endeavor, a global sports and entertainment company.

Media Contact:
Wani Diwarkar
Mobile: +65 98320643
E-mail:wani@pinpointpr.sg

Dynasty Launches New NIANHUA Series in 2023 to Meet Needs of Different Consumer Groups

HONG KONG, Jun 12, 2023 – (ACN Newswire) – Dynasty Fine Wines Group Limited ("Dynasty" or "the Group") (Stock Code: 00828), a premier winemaker in China, has kept launching new products in 2023 including the NIANHUA series and, via an improved business model, is safeguarding channel profit while also meeting consumers' demand for fine wines. The Group has also, heeding market and consumer demands, upgraded Golden Dynasty products and adopted new strategies to improve its existing product system.

The new NIANHUA series: NIANHUA 100, 200, 300 and 500

Golden Dynasty with its production techniques and packaging design upgraded

The new NIANHUA series agrees with Dynasty's direction of developing grape wines in the future. The 100, 200, 300 and 500 in the names are indicative of the price range. Grape wine products priced between RMB100 and RMB500 are the most popular among middle-class wine lovers and wine consumers looking to upgrade. The series can thus better satisfy the needs of customer groups with different spending habits. Regarding the raw materials of the new wines, they are of fine varieties and from different areas in such as the Helan Mountain and Tian Shan, giving them one-of-a-kind styles pleasing to different consumer groups. It has become very clear in recent years that the Group's wines made in China with its advanced winemaking technologies boast that "Chinese terroir as well as world quality". Those superb quality products have helped boost wine consumption.

In addition, Dynasty has made improvement to its 5+4+N product system, aiming to create exclusive blockbuster products. The Group unveiled the new and upgraded Golden Dynasty series and new strategic plans at this year's Spring Food & Drinks Fair held in Chengdu. With leading and well-proven technologies it prides, the Group carried out comprehensive upgrade of its production techniques, packaging design, etc. For example, it uses Cabernet Sauvignon and Chardonnay grapes grown on the eastern foothills of the Helan Mountain in Ningxia that give the wines richer aromas and a mature body, not only suitable for the domestic market, but also befitting to meet contemporary market and consumer demands, thus poised to seize first opportunities in the market.

Regarding packaging design, Chinese cultural elements have been fully incorporated. As for the font used, while Dynasty adopted the Chinese characters echoing with China chic were adopted last year, the creative font for Golden Dynasty this year was inspired by the mortise and tenon structure typical of Chinese wooden architecture and took partly the cornice style with the stokes of the three characters joining and the name appealing as one. In the main color "turquoise" the name appears, the color unique to the painting "Thousand miles of mountains and rivers" marveled by many the country in recent years. With China chic on the rise, the new upgraded design is set to resonate with Chinese consumers confident of their culture, help strengthen awareness of the Dynasty brand and attract mainstream consumers fancying China-made products and China chic.

In recent years, Dynasty has been actively innovating and launched a new product series that can better please different wine-loving palates as well as consumers with different spending power. By integrating China chic designs into product packaging, it can strengthen brand recognition and, with the market and consumer demands at heart, it shall mount more effective marketing. The Group will continue to provide products of quality that consumers can trust, that are healthy and complemented with high-end services, to help it achieve high-quality development in leaps and bounds.

About Dynasty Fine Wines Group Limited
Dynasty Fine Wines Group Limited was listed on the Main Board of The Stock Exchange of Hong Kong Limited with the stock code 00828 on 26 January 2005. Founded in 1980, Dynasty is the premier grape winemaker in China. It is principally engaged in the production and sale of grape wine products under its reputable "Dynasty" brand. Dynasty is the first Sino-foreign joint-venture wine company in China with Tianjin Food Group Limited and the French grape wine giant, Remy Cointreau, as its major shareholders. The Group produces and sells more than 100 grape wine product series, and introduces imported wine products, providing high-quality and value-for-money grape wines to the full range of consumer groups in China.

For media enquiries:
Strategic Financial Relations (China) Limited
Ms. Anita Cheung Tel: 2864 4827
Ms. Katrina Ho Tel: 2864 4830
Email: sprg-dynasty@sprg.com.hk

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

TapestryX Protocol Rated by the Government Blockchain Association (GBA)

Washington, D.C., Jun 12, 2023 – (ACN Newswire) – TapestryX (https://tapestryx.com), a layer one blockchain solution, has achieved the venerated distinction of being rated as a Trusted Blockchain Solution for the Banking, Financial Services, and other industries. The Government Blockchain Association (GBA) conducted the evaluation using the highly regarded Blockchain Maturity Model (BMM) and the Banking & Financial Services Supplement.

The comprehensive assessment involved a team of esteemed industry experts, including government Chief Information Officers, technology specialists, legal and regulatory professionals, and banking experts. Over several days, the team meticulously analyzed 11 elements of the BMM and 22 additional requirements of the banking and finance supplement to assess TapestryX's suitability for the demanding needs of the banking and financial services sector.

During the rigorous BMM assessment, TapestryX demonstrated its suitability for the banking and financial services industry by successfully validating, settling, and reconciling high-volume transactions in real-time. Moreover, the solution integrates accounting functionality into its layer one blockchain that can be configured to comply with Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).

Gerard Dache, Executive Director of the Government Blockchain Association, said, "Of all the blockchain solutions we evaluated, TapestryX is the only layer one solution that meets the high-frequency transaction demands, requirements for future-dated transactions, and all the accounting requirements of the banking and financial services industry."

The official recognition of TapestryX as a Trusted Blockchain Solution will take place at the prestigious Blockchain & Infrastructure Conference in Washington, DC, on September 28-29, 2023.

About TapestryX

TapestryX is a layer one blockchain solution that provides secure and efficient transaction validation, settlement, and reconciliation for the banking, financial services, and other industries. With its innovative approach and ability to integrate accounting principles, TapestryX offers a trusted blockchain solution that meets the demanding requirements of high-frequency transactions.

For more information about TapestryX, please visit their official website at https://tapestryx.com or reach out to Paul F. Dowding, Head of Design at L4S Corp., the company behind TapestryX, through his LinkedIn profile at www.linkedin.com/in/paulfdowding.

About Government Blockchain Association (GBA):

The Government Blockchain Association (GBA) is an international non-profit association focused on using blockchain technology to solve problems for government and public sector entities. GBA provides standards, education, and networking opportunities to facilitate understanding and implementation of blockchain solutions across various industries.

To learn more about the Blockchain Maturity Model (BMM) and the assessment process for blockchain solutions, visit https://gbaglobal.org/blockchain-maturity-model or send an email to BMM@GBAglobal.org.

Media Contact:
Steve Henley, BMM Program Manager
Email: steve.henley@gbaglobal.org

Source: Plato Data Intelligence3: https://platodata.io

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

Bellabeat Introduces Meditation Rooms for Corporate Wellness Plans to Boost Employee Well-Being

San Francisco, California–(Newsfile Corp. – June 9, 2023) – Bellabeat, a trailblazing femtech company, has introduced Meditation Rooms for corporate wellness plans to boost employee wellbeing. The company has always been a champion of women’s health and wellness. Dedicated to understanding and improving women’s health through innovative and stylish tech-powered products and apps, the company has recently expanded its Bellabeat corporate wellness program with the addition of Meditation Rooms, further showcasing its commitment to enhancing the well-being of its employees.

Bellabeat Meditation Rooms are a novel way of promoting employee mindfulness and an extra addition to corporate wellness plans.

To view an enhanced version of this graphic, please visit:
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Since its founding in 2014, Bellabeat has made waves in the wellness industry with its compelling ecosystem of products and apps, all designed to focus on women’s health. Bellabeat’s founders Sandro Mur and Urska Srsen recognized the lack of attention given to women’s wellness in the market and built the company with the mission of understanding and improving women’s health by utilizing their cycles as a focal point.

Bellabeat’s Ivy wearable, combined with personalized programs and cycle input, provides women with the tools they need to understand their bodies every day, receive cycle-focused actionable advice in all parts of their lives: nutrition, exercise, and mindfulness, and witness the changes for themselves. This innovative approach empowers women to make informed decisions about their health. By providing timely guidance tailored to individual users’ unique bio-responses and lifestyles, Bellabeat encourages women to adopt a healthier way of life that works in harmony with their natural hormonal rhythm.

Now, Bellabeat is taking its commitment to employee wellness a step further by introducing Meditation Rooms as an additional perk for its corporate wellness program. These dedicated spaces are designed to promote relaxation and stress reduction, enabling employees to take a break from the daily grind and recharge their mental and emotional batteries. While Meditation Rooms are aimed at women as the Bellabeat app includes built-in meditations for stress release, relaxation, etc., everyone can use them.

The Meditation Rooms offer a proprietary ergonomic seating design, ensuring optimal comfort and relaxation.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8798/168895_5c4ada2a44d2fa1a_002full.jpg

Meditation has been widely recognized for its numerous benefits, including increased focus, improved emotional regulation, and reduced stress levels. By offering Meditation Rooms in addition to their corporate wellness program, Bellabeat is not only supporting the well-being of your business’ employees but also fostering a company culture that values self-care and personal growth. This initiative perfectly aligns with Bellabeat’s mission of empowering women to achieve their wellness goals by working with their bodies rather than against them.

“We recognize that 43% of women leaders reported feeling burned out,” said Sandro Mur, CEO of Bellabeat. “By offering Meditation Rooms as part of our corporate wellness plans, we are providing an opportunity for employers to invest in their female workforce and achieve better employee satisfaction while raising productivity.”

By integrating Meditation Rooms into its corporate wellness program, Bellabeat is demonstrating its commitment to creating a healthy work environment that supports the overall well-being of its employees.

The Meditation Rooms are designed with sound insulation and adjustable lighting to create a serene, immersive environment for deep relaxation.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8798/168895_5c4ada2a44d2fa1a_003full.jpg

The introduction of Meditation Rooms showcases Bellabeat’s understanding that wellness goes beyond physical health. By addressing mental and emotional well-being, Bellabeat ensures that corporate employees have access to comprehensive wellness solutions tailored to their needs. This holistic approach sets the company apart from others in the industry and highlights its dedication to fostering a supportive and nurturing work environment.

Contact:

Bellabeat
social@bellabeat.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/168895

Appia Signs Definitive Agreement to Acquire up to a 70% Interest in Ionic Clay Project, Brazil

Toronto, Ontario–(Newsfile Corp. – June 9, 2023) – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (FSE: A0I0.F) (FSE: A0I.MU) (FSE: A0I.BE) (the “Company” or “Appia”) is pleased to announce that, further to its press releases of March 7, 2023 and May 30, 2023, the Company has signed a Definitive Agreement (the “Definitive Agreement“) with 3S LTDA (“3S“), Beko Invest Ltd. (“Beko“), Antonio Vitor Junior (“Antonio“) and AZ125 Mineracao Ltda (the “Company“) to acquire up to a 70% interest in the PCH Project (the “Transaction“) located in the Tocantins Structural Province of the Brasília Fold Belt, Goiás State, Brazil (the “Property“).

“Appia has taken a significant step in cementing itself among the upper tier of critical mineral explorers with today’s announcement,” stated Stephen Burega, President. “Brazil is emerging as a significant source of rare earths contained in ionic clays, and Appia’s PCH project will further enhance this potential. The known rare earth element distribution at PCH should lead to favourable economics for processing; is easily on par with other ionic clay projects outside of Asia; and it contains relatively high levels of the magnetic REEs. Early-stage review of the rare element distribution indicates a high potential ‘basket price’ which is a positive indicator to advance the project. Once additional analysis is completed, a more detailed summary of known results will be shared with the market.”

Pursuant to the terms of the Definitive Agreement, the Property will be held by the Company, Appia will hold a 70% interest in the Company, subject to completing the option obligations referred to below, and Antonio will hold a 30% interest in the Company. The initial 500,000 shares (the “Initial Shares“) to be issued to Beko will be issued when certain administrative steps have been completed in Brazil to perfect the 70% interest of Appia in the Company (the “Perfection of the Transaction“). A further announcement will be made when the Initial Shares are to be issued.

Upon Perfection of the Transaction, Appia can maintain its 70% interest in the Company by issuing an aggregate of a further 2.0 million common shares of Appia to Beko and spending US$10 million on the Property over a period of five (5) years (the “Option Period“) after which Appia will have earned a 60% interest in the Company. If Appia earns its 60% interest, it will then be obligated, within 90 days of earning its 60% interest, to issue a further US$1,250,000 of common shares of Appia to Beko to earn a further 10% interest in the Company. The number of shares to be issued to earn the further 10% shall be that number of common shares of Appia equal to the number arrived at by dividing US$1,250,000 by the greater of the average closing price of the common shares as quoted on the Canadian Securities Exchange (the “CSE“) for the 30 trading days immediately preceding the announcement by Appia of its intention to earn the additional 10% interest and the discounted market price of the common shares of Appia based on the last closing price immediately preceding the announcement.

Appia will acquire incremental vested interests in the Company upon completion of specific expenditure requirements pursuant to the terms of the Definitive Agreement. Once Appia issues at least a further 500,000 common shares to Beko and spends at least US$1 million on the Property (at which time it will have earned a 10% interest in the Company) (the “Initial Obligation“), Beko will be granted a 1% net smelter returns royalty (the “1% NSR“) in the Property. Appia will have a right of first refusal to acquire the 1% NSR.

Once Appia has earned its 70% interest in the Company, Appia and Antonio will enter into a joint venture with respect to the further exploration and development of the Property (the “Joint Venture“) with Appia holding a 70% interest and Antonio holding a 30% interest in the Company. The Joint Venture will be governed by the terms of a Quotaholders Agreement to be signed by Appia and Antonio as part of the Perfection of the Transaction. The Quotaholders Agreement will act as a unanimous shareholders agreement and a joint venture agreement with respect to the further exploration and development of the Property. Upon the formation of the Joint Venture, Antonio will have 90 days within which to elect to either (a) participate in the Joint Venture and contribute his pro rata share of expenditures or be diluted; (b) sell all of his 30% interest in the Company, subject to a right of first refusal in favour of Appia; or (c) elect to have Appia fund its pro rata share of expenditures pursuant to the Joint Venture subject to the right of Appia to be reimbursed for 150% of the expenditures made by Appia on behalf of Antonio before any proceeds are paid to Antonio.

If a party is required to make a contribution pursuant to the Joint Venture and that party does not make its pro rata contribution to development expenditures, that party’s interest in the Company will be diluted pro rata based upon that party’s deemed and actual contributions to the Joint Venture relative to the total deemed and actual contributions to the Joint Venture by both parties. A party whose interest is diluted to 10% or less shall immediately be converted to a 1% net smelter returns royalty (“1% Dilution NSR“) with the remaining party’s interest converted to a 100% interest in the Company subject to payment of the 1% Dilution NSR. The remaining party will have a right of first refusal to purchase the 1% Dilution NSR.

Should Appia fail to make some or all of the expenditures required in any year, Beko will notify APPIA in writing of such failure, after which Appia will have 30 days to make the required expenditure. Failure to make the expenditure within the 30 days will result in Appia’s earned interest being reduced pro rata in proportion to the amount of money actually expended by Appia in such year. Appia shall have the right to make additional expenditures in a subsequent year to earn the balance of the interest it would have earned had it made the entire expenditure in the previous year. If Appia fails to expend an aggregate of US$10 million and issue an aggregate of 2,000,000 common shares of Appia to Beko within the Option Period, Appia may, at any time during the Option Period after completing the Initial Obligation, notify Beko that it does not intend to provide any further funding for the Property (the “Cease Funding Notice“). Upon delivery of the Cease Funding Notice to Beko, Appia shall have earned the applicable interest in the Company (the “Earned Interest“) and shall transfer to Antonio that number of quotas of the Company equal to 70% minus the Earned Interest. Thereafter, Appia shall hold the Earned Interest in the Company and Antonio shall hold 100% minus the Earned Interest in the Company. Upon delivery of the Cease Funding Notice and the adjustment in the interests of Appia and Antonio in the Company, the parties shall use their commercially reasonable efforts to determine how to proceed with their respective interests in the Company.

Background on the PCH Project

The Cachoeirinha Project (PCH Project) is located within the Tocantins Structural Province in the Brasília Fold Belt, more specifically, the Arenópolis Magmatic Arc. The PCH Project is 17,551.07 ha. in size and located within the Goiás State of Brazil. It is classified as an alkaline intrusive rock occurrence with highly anomalous REE and niobium mineralization. This mineralization is related to alkaline lithologies of the Fazenda Buriti Plutonic Complex and the hydrothermal and surface alteration products of this complex by supergene enrichment in a tropical climate. The positive results of the recent geochemical exploration work carried out to date indicates the potential for REEs and Niobium within lateritic ionic adsorption clays.

The technical content in this news release was reviewed and approved by Mr. Don Hains, P.Geo, Consulting Geologist, and a Qualified Person as defined by National Instrument 43-101.

About Appia Rare Earths & Uranium Corp (Appia)

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company is currently focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston, and Eastside properties. The Company holds the surface rights to exploration for 113,837.15 hectares (281,297.72 acres) in Saskatchewan. The Company also has a 100% interest in 12,545 hectares (31,000 acres), with rare earth element and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario.

Appia has 130.5 million common shares outstanding, 143.5 million shares fully diluted.

Cautionary Note Regarding Forward-Looking Statements: This News Release contains forward-looking statements which are typically preceded by, followed by or including the words “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans” or similar expressions. Forward-looking statements are not a guarantee of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward- looking statements and shareholders are cautioned not to put undue reliance on such statements.

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

For further information, please contact:

Tom Drivas, CEO and Director: (cell) 416-876-3957, (fax) 416-218-9772 or (email) tdrivas@appiareu.com

Stephen Burega, President: (cell) 647-515-3734 or (email) sburega@appiareu.com

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/169378

Appia Signs Definitive Agreement to Acquire up to a 70% Interest in Ionic Clay Project, Brazil

TORONTO, ON, Jun 9, 2023 – (ACN Newswire) – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (FSE: A0I0.F) (FSE: A0I.MU) (FSE: A0I.BE) (the "Company" or "Appia") is pleased to announce that, further to its press releases of March 7, 2023 and May 30, 2023, the Company has signed a Definitive Agreement (the "Definitive Agreement") with 3S LTDA ("3S"), Beko Invest Ltd. ("Beko"), Antonio Vitor Junior ("Antonio") and AZ125 Mineracao Ltda (the "Company") to acquire up to a 70% interest in the PCH Project (the "Transaction") located in the Tocantins Structural Province of the Brasilia Fold Belt, Goias State, Brazil (the "Property").

"Appia has taken a significant step in cementing itself among the upper tier of critical mineral explorers with today's announcement," stated Stephen Burega, President. "Brazil is emerging as a significant source of rare earths contained in ionic clays, and Appia's PCH project will further enhance this potential. The known rare earth element distribution at PCH should lead to favourable economics for processing; is easily on par with other ionic clay projects outside of Asia; and it contains relatively high levels of the magnetic REEs. Early-stage review of the rare element distribution indicates a high potential 'basket price' which is a positive indicator to advance the project. Once additional analysis is completed, a more detailed summary of known results will be shared with the market."

Pursuant to the terms of the Definitive Agreement, the Property will be held by the Company, Appia will hold a 70% interest in the Company, subject to completing the option obligations referred to below, and Antonio will hold a 30% interest in the Company. The initial 500,000 shares (the "Initial Shares") to be issued to Beko will be issued when certain administrative steps have been completed in Brazil to perfect the 70% interest of Appia in the Company (the "Perfection of the Transaction"). A further announcement will be made when the Initial Shares are to be issued.

Upon Perfection of the Transaction, Appia can maintain its 70% interest in the Company by issuing an aggregate of a further 2.0 million common shares of Appia to Beko and spending US$10 million on the Property over a period of five (5) years (the "Option Period") after which Appia will have earned a 60% interest in the Company. If Appia earns its 60% interest, it will then be obligated, within 90 days of earning its 60% interest, to issue a further US$1,250,000 of common shares of Appia to Beko to earn a further 10% interest in the Company. The number of shares to be issued to earn the further 10% shall be that number of common shares of Appia equal to the number arrived at by dividing US$1,250,000 by the greater of the average closing price of the common shares as quoted on the Canadian Securities Exchange (the "CSE") for the 30 trading days immediately preceding the announcement by Appia of its intention to earn the additional 10% interest and the discounted market price of the common shares of Appia based on the last closing price immediately preceding the announcement.

Appia will acquire incremental vested interests in the Company upon completion of specific expenditure requirements pursuant to the terms of the Definitive Agreement. Once Appia issues at least a further 500,000 common shares to Beko and spends at least US$1 million on the Property (at which time it will have earned a 10% interest in the Company) (the "Initial Obligation"), Beko will be granted a 1% net smelter returns royalty (the "1% NSR") in the Property. Appia will have a right of first refusal to acquire the 1% NSR.

Once Appia has earned its 70% interest in the Company, Appia and Antonio will enter into a joint venture with respect to the further exploration and development of the Property (the "Joint Venture") with Appia holding a 70% interest and Antonio holding a 30% interest in the Company. The Joint Venture will be governed by the terms of a Quotaholders Agreement to be signed by Appia and Antonio as part of the Perfection of the Transaction. The Quotaholders Agreement will act as a unanimous shareholders agreement and a joint venture agreement with respect to the further exploration and development of the Property. Upon the formation of the Joint Venture, Antonio will have 90 days within which to elect to either (a) participate in the Joint Venture and contribute his pro rata share of expenditures or be diluted; (b) sell all of his 30% interest in the Company, subject to a right of first refusal in favour of Appia; or (c) elect to have Appia fund its pro rata share of expenditures pursuant to the Joint Venture subject to the right of Appia to be reimbursed for 150% of the expenditures made by Appia on behalf of Antonio before any proceeds are paid to Antonio.

If a party is required to make a contribution pursuant to the Joint Venture and that party does not make its pro rata contribution to development expenditures, that party's interest in the Company will be diluted pro rata based upon that party's deemed and actual contributions to the Joint Venture relative to the total deemed and actual contributions to the Joint Venture by both parties. A party whose interest is diluted to 10% or less shall immediately be converted to a 1% net smelter returns royalty ("1% Dilution NSR") with the remaining party's interest converted to a 100% interest in the Company subject to payment of the 1% Dilution NSR. The remaining party will have a right of first refusal to purchase the 1% Dilution NSR.

Should Appia fail to make some or all of the expenditures required in any year, Beko will notify APPIA in writing of such failure, after which Appia will have 30 days to make the required expenditure. Failure to make the expenditure within the 30 days will result in Appia's earned interest being reduced pro rata in proportion to the amount of money actually expended by Appia in such year. Appia shall have the right to make additional expenditures in a subsequent year to earn the balance of the interest it would have earned had it made the entire expenditure in the previous year. If Appia fails to expend an aggregate of US$10 million and issue an aggregate of 2,000,000 common shares of Appia to Beko within the Option Period, Appia may, at any time during the Option Period after completing the Initial Obligation, notify Beko that it does not intend to provide any further funding for the Property (the "Cease Funding Notice"). Upon delivery of the Cease Funding Notice to Beko, Appia shall have earned the applicable interest in the Company (the "Earned Interest") and shall transfer to Antonio that number of quotas of the Company equal to 70% minus the Earned Interest. Thereafter, Appia shall hold the Earned Interest in the Company and Antonio shall hold 100% minus the Earned Interest in the Company. Upon delivery of the Cease Funding Notice and the adjustment in the interests of Appia and Antonio in the Company, the parties shall use their commercially reasonable efforts to determine how to proceed with their respective interests in the Company.

Background on the PCH Project

The Cachoeirinha Project (PCH Project) is located within the Tocantins Structural Province in the Brasilia Fold Belt, more specifically, the Arenopolis Magmatic Arc. The PCH Project is 17,551.07 ha. in size and located within the Goias State of Brazil. It is classified as an alkaline intrusive rock occurrence with highly anomalous REE and niobium mineralization. This mineralization is related to alkaline lithologies of the Fazenda Buriti Plutonic Complex and the hydrothermal and surface alteration products of this complex by supergene enrichment in a tropical climate. The positive results of the recent geochemical exploration work carried out to date indicates the potential for REEs and Niobium within lateritic ionic adsorption clays.

The technical content in this news release was reviewed and approved by Mr. Don Hains, P.Geo, Consulting Geologist, and a Qualified Person as defined by National Instrument 43-101.

About Appia Rare Earths & Uranium Corp (Appia)

Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company is currently focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston, and Eastside properties. The Company holds the surface rights to exploration for 113,837.15 hectares (281,297.72 acres) in Saskatchewan. The Company also has a 100% interest in 12,545 hectares (31,000 acres), with rare earth element and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario.

Appia has 130.5 million common shares outstanding, 143.5 million shares fully diluted.

Cautionary Note Regarding Forward-Looking Statements: This News Release contains forward-looking statements which are typically preceded by, followed by or including the words "believes", "expects", "anticipates", "estimates", "intends", "plans" or similar expressions. Forward-looking statements are not a guarantee of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward- looking statements and shareholders are cautioned not to put undue reliance on such statements.

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

For further information, please contact:
Tom Drivas, CEO and Director: (cell) 416-876-3957, (fax) 416-218-9772 or (email) tdrivas@appiareu.com
Stephen Burega, President: (cell) 647-515-3734 or (email) sburega@appiareu.com

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