Palladium One Identifies Additional Chonolith / Feeder Dyke Structures, Field Season Initiated on the Tyko Nickel Project, Canada

Highlights

The 2023 field season is under way and crew have been mobilized.
The Q1 2023, 4,430-kilometer high-resolution airborne magnetic survey results have been received and structural interpretation has been completed. With the increased resolution, a significantly more detailed geological model has been prepared resulting in the identification of additional interpreted chonoliths / feeder dykes structures.

Toronto, Ontario, May 16, 2023 – (ACN Newswire) – Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the “Company” or “Palladium One“) is pleased to report the initial results of the 2023 exploration program on the Tyko Nickel – Copper Project, in Ontario, Canada.

President and CEO, Derrick Weyrauch commented, “The impressive resolution of the new airborne magnetic survey has enabled us to better separate the interpreted chonolith / feeder dyke structures from later diabase dykes on the property. This greatly enhances our geological model and refines targeting of high priority structures.

The 2023 field season is now underway with a large field crew performing geological mapping, prospecting and soil sampling along the interpreted chonoliths / feeder dykes, to further refine drill targets for the upcoming drill program.”

The 2023 exploration program is focused on ground truthing and drill testing interpreted chonoliths / feeder dykes on the Tyko Project. In Q1 2023, the Company completed a high-resolution magnetic survey, the results of which are presented in Figures 1 and 2. The 2023 magnetic survey was designed to refine the geometry of the interpreted chonoliths / feeder dykes across Tyko’s 30-kilometer strike length.

Figure 1. Tyko Property map showing the new 4,430-kilometer, 75 meters line spaced high resolution airborne magnetic survey and the various mineralized zones and multi-line Versatile Time Domain Electromagnetic (“VTEM”) anomalies, background is total magnetic intensity reduced to pole (“TMI-RTP”).

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6502/166187_9e1c7d9c8474a9d8_001full.jpg

Figure 2. Zoom in on the 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/6502/166187_9e1c7d9c8474a9d8_002full.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 currently has five known mineralized zones spanning over a 20-kilometer strike length.

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 Metals for Green Transportation. A Canadian mineral exploration and development company, Palladium One is targeting district scale, platinum-group-element (PGE)-copper-nickel 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.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/166187

Palladium One Identifies Additional Chonolith / Feeder Dyke Structures, Field Season Initiated on the Tyko Nickel Project, Canada

TORONTO, ON, May 16, 2023 – (ACN Newswire) – Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the "Company" or "Palladium One") is pleased to report the initial results of the 2023 exploration program on the Tyko Nickel – Copper Project, in Ontario, Canada.

Figure 1. Tyko Property map showing the new 4,430-kilometer, 75 meters line spaced high resolution
airborne magnetic survey and the various mineralized zones and multi-line Versatile Time Domain
Electromagnetic ("VTEM") anomalies, background is total magnetic intensity reduced to pole
("TMI-RTP").

Figure 2. Zoom in on the 2023 priority exploration areas – showing existing drill holes, interpreted
chonoliths / feeder dykes, and proposed work programs. Background is TMI-RTP magnetics.

President and CEO, Derrick Weyrauch commented, "The impressive resolution of the new airborne magnetic survey has enabled us to better separate the interpreted chonolith / feeder dyke structures from later diabase dykes on the property. This greatly enhances our geological model and refines targeting of high priority structures.

The 2023 field season is now underway with a large field crew performing geological mapping, prospecting and soil sampling along the interpreted chonoliths / feeder dykes, to further refine drill targets for the upcoming drill program."

The 2023 exploration program is focused on ground truthing and drill testing interpreted chonoliths / feeder dykes on the Tyko Project. In Q1 2023, the Company completed a high-resolution magnetic survey, the results of which are presented in Figures 1 and 2. The 2023 magnetic survey was designed to refine the geometry of the interpreted chonoliths / feeder dykes across Tyko's 30-kilometer strike length.

Figure 1. Tyko Property map showing the new 4,430-kilometer, 75 meters line spaced high resolution airborne magnetic survey and the various mineralized zones and multi-line Versatile Time Domain Electromagnetic ("VTEM") anomalies, background is total magnetic intensity reduced to pole ("TMI-RTP").
https://images.newsfilecorp.com/files/6502/166187_9e1c7d9c8474a9d8_001full.jpg

Figure 2. Zoom in on the 2023 priority exploration areas – showing existing drill holes, interpreted chonoliths / feeder dykes, and proposed work programs. Background is TMI-RTP magnetics.
https://images.newsfilecorp.com/files/6502/166187_9e1c7d9c8474a9d8_002full.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 currently has five known mineralized zones spanning over a 20-kilometer strike length.

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 Metals for Green Transportation. A Canadian mineral exploration and development company, Palladium One is targeting district scale, platinum-group-element (PGE)-copper-nickel deposits in Canada and Finland. The Lantinen 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/166187

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

transport logistic Southeast Asia bringing the global industry together at the number one logistics hotspot

New branch of the world’s leading trade fair transport logistic

Singapore, May 16, 2023 – (ACN Newswire) – Messe München is hosting the first multimodal logistics trade fair in Singapore, the transport logistic and air cargo Southeast Asia. Running from November 1 to 3, 2023, the event will be the most influential meeting place for logistics, mobility, IT, and supply chain management in Southeast Asia. Singapore, which took the top spot among the 179 countries in the World Bank’s Logistics Performance Index (LPI), is leading the way, but the ASEAN countries as a whole are also gaining importance as strategic logistics hubs both now and in the future. This places transport logistic in a hotspot of the industry.

Dr. Reinhard Pfeiffer, co-CEO of Messe München, Prof. Dr.-Ing. Thomas Wimmer, Chairman of the Board of BVL – Bundesvereinigung Logistik, Stefan Rummel, co-CEO of Messe München, and Michael Wilton, Managing Director of MMI Asia, at the loading of a Singapore Airlines aircraft at Munich Airport.

Markus Heinelt, Director Cargo Development, Munich Airport, Jaisey Yip, Vice President Cargo Business Division, Changi Airport Group, Peter Dressler, Vice President Logistics, Infineon Technologies, and Asok Kumar, EVP Global Air Freight, DB Schenker, discussed with Prof. Dr. Christopher Stoller, President, aircargo club Germany, the growing importance of Southeast Asia for global flows of goods.

From 1 to 3 November 2023, the inaugural edition of the new trade fair transport logistics and air cargo Southeast Asia will gather key players in global supply chains at the Sands Expo and Convention Centre in Singapore.

The LPI ranking gave Singapore the best scores in the quality of logistics services, competence and infrastructure categories. With its favorable geographical and geopolitical location on the Strait of Malacca, the city-state is home to one of the world’s most important transshipment hubs with its port. Handling a good 37 million TEU, Shanghai was the only port that was more successful last year. The Tuas Port, which was opened last year, is currently creating 65 million TEU of additional capacity. The Asia-Pacific region is one of the most important markets for air freight, as well. Overall, ASEAN countries are catching up with China, the largest consumer market and production location. These countries are also considered reliable partners from a strategic geopolitical perspective.

“Singapore has become an important asset in Messe München’s strategic positioning, which for us extends far beyond Southeast Asia,” explain Messe München’s co-CEOs Stefan Rummel and Dr. Reinhard Pfeiffer at a press event prior to transport logistic, which will open its doors on 9 May at the Munich exhibition centre: “The fact is: Germany still belongs to the world’s top group in logistics. This is precisely why the world’s leading logistics trade fair, transport logistic, is held here in Munich for many years – with multiple spin-offs in China, Turkey, South Africa and now Southeast Asia, for example. Singapore is the logistics world champion. Where else, if not here, should the latest addition to the transport logistic cluster be launched?”

Jost Lammers CEO of Munich Airport: “I congratulate Messe München on its decision to establish an offshoot of the transport logistic trade fair in Singapore. Against the background of the agreement on the liberalization of traffic rights between the EU and the ASEAN countries in 2022, the launch comes at exactly the right time and will further boost relations between the two strong economic regions. The Munich Premium Hub is already well connected to Southeast Asia with two daily flights to Singapore and Bangkok, and we are optimistic that more destinations are to come.” Lammers also emphasizes, “One-third of all German airfreight volume to and from Southeast Asia is generated in the ‘powerhouse of southern Germany’ – this offers further growth potential for the Munich hub.”

Asok Kumar, EVP Global Air Freight at DB Schenker, also sees enormous potential: “Southeast Asia is a playing field for new business opportunities in logistics. We are confident that both export growth and consumer demand will bounce back there, also because of the overall upturn of the intra-Asia consumer market. As a logistics player with presence in all Southeast Asian countries, we are prepared to support our customers’ needs for end-to-end supply chain solutions in these complex yet promising markets.”

Peter Dressler, Vice President Logistics, Infineon Technologies AG, confirms the great importance of Southeast Asia for Infineon: “We have sites in Malaysia, Indonesia, Singapore, Thailand and the Philippines. Many production partners are in the Southeast Asian region. Singapore is an important hub for us in logistics, not only because of its location, but also because the focus there is on highly automated and digitized logistics processes. This fits in with our own business as a semiconductor manufacturer, but above all it enables the speed and reliability that our customers and we need.”

Ms Jaisey Yip, Vice President, Cargo Business Division, Changi Airport Group, adds: “Despite economic headwinds, Southeast Asia’s air trades with the rest of the world continued to expand over the past four years. Given the expectation of strong long-term progress with urbanisation and industrialisation, Southeast Asia is primed for growth in manufacturing, trades and logistics. The Changi air cargo hub, being in the heart of Southeast Asia, will have a critical role to play in global supply chains, facilitating the flow of international goods with its well-developed connectivity, cargo infrastructure and capabilities.”

Prof. Christopher Stoller, President of the aircargo club deutschland, who moderated the discussion, also sees positives in the further strengthening of Singapore: “We see Singapore as another important link in the international supply chains that serve Germany as a business location.”

“Singapore is the gateway to the greater Southeast Asia region and the most dynamic and exciting hotspot for transport and logistics right now. Many global companies are already active here, and many more want to come to reap the rewards of the attractive conditions. By offering transport logistic and air cargo Southeast Asia, we are creating a platform for shippers and transport and logistics service providers to develop and expand their business in the region. We are experiencing great interest in our new trade fair across all modes of transport,” remarks Michael Wilton, Managing Director of MMI Asia, Messe München’s regional subsidiary.

Messe München organizes leading global events for the transport, logistics, and air freight industries. transport logistic Southeast Asia is the latest in a series of flagship fairs that include India (Mumbai), China (Shanghai), Turkey (Istanbul), South Africa (Johannesburg), the U.S. (Miami), and the world’s largest logistics event in Munich (Germany).

To learn more, please visit https://transportlogisticsea.com/

About MMI Asia Pte. Ltd

A full subsidiary of Messe München GmbH, MMI Asia established in Singapore in 1992, is now embarking on a significant growth and expansion program, bringing some of Messe München’s world leading brands to the Southeast Asia market. transport logistic and air cargo Southeast Asian editions are organized by MMI Asia Pte Ltd.

transport logistic exhibitions

The international industry network of transport logistic exhibitions consists of ten events. In addition to the leading international trade fair transport logistic in Munich, transport logistic China takes place every two years in China, and the transport logistic China Forum alternates with it every year, both in Shanghai. In Turkey, Messe München and EKO Fair Limited organize the logitrans International Transport Logistics Exhibition in Istanbul every year. Messe München is organizing transport logistic Americas, which will be held every two years in Florida starting in November 2022. From November 2023, transport logistic Southeast Asia will also be held in Singapore for the first time. At all trade fairs, the air cargo sector plays an essential role. As part of transport logistic in Munich, air cargo Europe is the world’s largest air cargo trade fair, while air cargo China is the leading event in Asia. In addition, air cargo India and air cargo Africa are independent trade fairs. Also part of the transport logistic exhibitions is the cooperative transport logistic India @ CTL in Mumbai, India.

Messe München

Messe München is one of the leading exhibition organizers worldwide with more than 50 of its own trade shows for capital goods, consumer goods and new technologies. Every year, a total of over 50,000 exhibitors and around three million visitors take part in more than 200 events at the exhibition center in Munich, at the ICM – Internationales Congress Center München, the Conference Center Nord and the MOC Veranstaltungscenter München as well as abroad. Together with its subsidiary companies, Messe München organizes trade shows in China, India, Brazil, South Africa and Turkey. With a network of associated companies in Europe, Asia, Africa, and South America, and with around 70 representatives abroad for more than 100 countries, Messe München has a truly global presence.

Contacts:

Sabine Wagner
PR Manager
press.shows@messe-muenchen.de

Adam Paulus
Exhibition Director
transport logistic Southeast Asia / air cargo Southeast Asia
adam@mmiasia.com.sg

Janin Detjen
PR-Kontakt
c/o Medienbüro am Reichstag
janin.detjen@mar-berlin.de
+49 302061413032

CPaaS Acceleration Alliance Releases 2023 State of CPaaS Report, Forecasts CPaaS Market Will Grow to USD 100B by 2030

AMSTERDAM, May 16, 2023 – (ACN Newswire) – The CPaaS Acceleration Alliance (CPaaSAA) announced today the release of its 2023 State of CPaaS Report. The report examines key factors propelling the CPaaS industry's growth to USD 100B by 2030. These factors include market trends, new technologies, new sales channels, and new use cases.

State of CPaaS Report 2023 – Key CPaaS use cases and market trends

State of CPaaS Report 2023 – Key CPaaS use cases and market trends
https://cdn.newswire.com/files/x/2a/44/151dfef29c3d74ce44085421c19f.png

This year's report is being distributed freely and was created in partnership with leading industry analysts and vendors. It extends beyond existing technical analyst reports by focusing on commercialization of CPaaS. Executives, product planners, and revenue leaders will find the following information in the report:

– The top enterprise markets driving CPaaS growth
– The top market and CPaaS trends that are creating demand
– The top go-to-market challenges facing CPaaS providers today, and how to overcome them

This report sets the tone for CPaaSAA thought leadership tracks in 2023. These tracks will include live expert panels, blogs, workshops, and podcasts covering:

– Selling to and enabling non-IT buyers & SMEs
– Moving beyond UCaaS and CCaaS with CPaaS
– Leveraging AI and other enabling technologies in communications
– Network API standardization and monetization

CPaaSAA is the global alliance for the CPaaS industry. Vendors, service providers, sales partners, industry experts, and media are working together through CPaaSAA to create mutual success and growth.

"This is an exciting time for CPaaS," says Rob Kurver, founding partner and visionary of CPaaSAA. "The CPaaS market will grow from USD 16B in 2022 to USD 100B in 2030. We feel this is truly the right place and the right time for the industry to come together for mutual success."

Managing partner Kevin Nethercott adds, "The industry response has been tremendous. CPaaSAA has added over 50 members in the last six months. We expect it to grow to over 100 members by the end of 2023. This is a testament to the value CPaaSAA brings to its members through expert panels, marketing relationships, global meetups, and the industry's first CPaaS-focused conference this September 18-20 in Amsterdam."

Finally, this year's report highlights significant opportunity for vendors and service providers to win new business. "CPaaS is the fastest growing segment of the communications industry," says Melissa Fremeijer-Holtz with global market intelligence firm, IDC. "We see growth in every market including Latin and North America, Asia Pacific, the Middle East and Africa. We also see growth across large enterprises, SMEs, and communication service providers."

Visit www.cpaasaa.com/state-of-cpaas to learn more and to download this year's State of CPaaS report for free.

About CPaaS Acceleration Alliance

CPaaS Acceleration Alliance (CPaaSAA) is accelerating growth and adoption of communications platforms. We bring together CPaaS platform and service providers, enablers, technology vendors, sales partners, advisory partners, industry experts and media to collaborate for mutual success and growth, building the strategies, partnerships and best practices that will power the CPaaS industry from $16B in 2022 to $100B+ by 2030.

CPaaSAA members include CPaaS providers, enablers, CCaaS & UCaaS providers, technology vendors, CSPs, investors, media, and analysts such as: Braidio, e& enterprise, EnableX, Radisys, Sippio, 2600Hz, CM.com, Crexendo, GMS, Luware, SpeechLogix, Arthur D Little, BICS, Content Guru, Creo Solutions, Enabld, Evan Kirstel, iotum, Kandy Communications (a Skyvera company), KeyBanc Mosaic, NTT Data, NUSO, Q Advisors, Sinch, STL Partners, Syniverse, TelcoBridges, TelecomsXchange, The Next Cloud, True North Advisory, VodafoneZiggo. For more information, please visit www.cpaasaa.com.

Contact Information
Robert Galop
CMO
robert@cpaasaa.com
(678) 231-7028

SOURCE: CPaaS Acceleration Alliance

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

Up to 10.5% increase in GDP possible in some countries with housing improvements in informal settlements, new Habitat for Humanity and IIED report finds

MANILA, Philippines, May 16, 2023 – (ACN Newswire) – Improving housing at a large scale in slums and other informal settlements can have substantial economic and human development gains, according to a first-of-its kind report released by Habitat for Humanity and its research partner, the International Institute for Environment and Development, or IIED. The report supports the launch of Habitat for Humanity’s five-year campaign, Home Equals, seeking policy changes at the local, national and global levels to increase equitable access to adequate housing in informal settlements.

DHAKA, BANGLADESH – A rainstorm drenches the community in the Duaripara informal settlement in Dhaka as a resident weaves through its alleys. Beginning in July, Dhaka endures three months of rain. Drainage is poor in informal settlements and many homes are not sealed from weather so when it rains water penetrates into the homes. Photo credit: Habitat for Humanity International/ Raymond McCrea Jonesption

DHAKA, BANGLADESH – Beguntila informal settlement in Dhaka. The Beguntila slum began around 1999 and has about 700 homes currently. Photo credit: Habitat for Humanity International/ Raymond McCrea JonesCaption

“The Asia-Pacific region is home to the largest concentration of people experiencing urban poverty, with one third of urban dwellers living in informal settlements or slum-like conditions. The number will only grow bigger and the need for adequate housing more urgent as urbanization continues, driven by internal rural-to-urban migration—particularly of people from poorer backgrounds seeking economic opportunities in cities,” said Luis Noda, vice-president for Asia-Pacific, Habitat for Humanity International.

The report found that gross domestic product and income per capita could increase by as much as 10.5% in some countries. The resulting increase in living standards among residents of informal settlements, taken as a whole, is likely to exceed the cost of improving informal settlements in many countries.

Other startling findings include:

An increase of up to 4% in life expectancy in some countries around the world, adding an average of 2.4 years of life
More than 730,000 preventable deaths could be avoided annually—more than could be saved by eradicating malaria globally
An increase of as much as 28% in the expected years of schooling in some countries

The report used a unique modeling methodology, which combines a review of more than 130 articles and reports with 72 indicators across 102 low- and middle-income countries. The model could not generate projections for specific countries on their own, so the researchers grouped countries into four typologies. Assuming the impacts in a country reflect those of the country type it is most similar to, improving housing in informal settlements in some Asia-Pacific countries could result in:

An increase in GDP of up to 7.25% in countries such as Bangladesh, by as much as 3.3% in countries such as Fiji, and up to 10.5% in countries such as Myanmar
An increase in life expectancy rate of up to 1.7% in countries such as Cambodia and Nepal, and as much as 1.2% in countries such as Thailand
Up to a one-year increase in the mean years of schooling for countries such as India and Indonesia, and 1.35 years in countries such as the Philippines

At the global level, Habitat for Humanity is calling on G7 member states — set to meet this weekend in Hiroshima, Japan — to recognize housing as a critical lever for development progress and commit to addressing housing needs in informal settlements as a way to advance international development priorities in areas such as economic growth, health and education.

Noda added, “The report provides empirical evidence that adequate housing is a powerful catalyst for well-being and sustainability. It makes clear that we must invest intentionally to ensure that residents of informal settlements have access to adequate housing. As Habitat for Humanity launches the Home Equals campaign, we are eager to work hand-in-hand with residents of informal settlements, civil society organizations, local and national governments, and other stakeholders to improve, through policy change, the lives of 15 million people living in informal settlements.”

More than half of Habitat’s network, including 11 entities based in the Asia-Pacific, are working actively on the campaign. Habitat Australia will advocate with the government to adopt policies aimed at addressing the lack of adequate housing for informal settlement dwellers across the region. In Nepal, Habitat will work to integrate policies and guidelines so residents of informal settlements can equitably access land rights through an information campaign, dialogue between the local government and families and the establishment of a land support service center. Habitat Indonesia will help local governments identify funding resources to implement rehabilitation programs for inhabitable housing, to build new houses and explore funding mechanisms between governments and NGOs for housing programming. In Vietnam, Habitat will work with local partners to implement sustainable policy solutions that will enable Vietnamese returnees from Cambodia to have a secure home.

About Habitat for Humanity

Driven by the vision that everyone needs a decent place to live, Habitat for Humanity found its earliest inspirations as a grassroots movement on an interracial community farm in U.S.A. Since its founding in 1976, the housing organization has grown to become a leading global nonprofit working in more than 70 countries. In the Asia-Pacific region since 1983, Habitat for Humanity has supported millions of people to build or improve a place they can call home. Through financial support, volunteering or adding a voice to support affordable housing, everyone can help families achieve the strength, stability and self-reliance they need to build better lives for themselves. To learn more, donate or volunteer, visit habitat.org/asiapacific.

For further information, please contact Ms. Michele Soh, MSoh@habitat.org, +65 9233 1544. Photos, with captions and photographer credits, are available in this folder. The Home Equals campaign video is available to download or to watch on Habitat’s YouTube channel. Video b-roll is available upon request.

Dr. George Lam Officially Joins VSFG as Honorary Chairman

HONG KONG, May 16, 2023 – (ACN Newswire) – To drive the strategic development of innovative financial services, Venture Smart Financial Holdings Limited (hereinafter referred to as "VSFG" or "the Group") officially announced the appointment of Dr. George Lam, BBS, JP ("Dr. Lam") as Honorary Chairman today. Dr. Lam will lead VSFG to integrate traditional wealth management with the future of finance, and fully support and collaborate with the Hong Kong Special Administrative Region (HKSAR) Government in promoting and facilitating Hong Kong family office businesses and developing the virtual assets sector. This is not only to support Hong Kong's development into an International Virtual Assets Centre and Green Finance Hub, but also more importantly, to shore up the leading position of Hong Kong as an international financial centre.

Dr. George Lam, BBS, JP, Honorary Chairman, Venture Smart Financial Holdings Limited

Dr. Lam has been championing digital transformation, financial technologies, innovation and entrepreneurship, sustainable development, green finance and environmental, social and governance (ESG) investments over the years. Dr. Lam had served as Chairman of Hong Kong Cyberport, a part-time member of the Central Policy Unit of the HKSAR Government, a member of the Committee on Innovation, Technology and Re-industrialisation, a member of the Sir Murray MacLehose Trust Fund Investment Advisory Committee, and a non-official member of the Financial Services Development Council New Business Committee. Currently, Dr. Lam is a member of the Governance Committee of the Hong Kong Growth Portfolio of the HKSAR Government, a non-official member of the HKSAR Government Development Bureau Common Spatial Data Advisory Committee, Chair of the United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP) Sustainable Business Network (ESBN), Chair of the ESBN Task force on Sustainable and Inclusive Finance, Vice Chairman of the Pacific Basin Economic Council (PBEC), a member of the Belt and Road and Greater Bay Area Committee of the Hong Kong Trade Development Council, and Chairman of the Technology and Innovation Committee of the Belt and Road General Chamber of Commerce.

Dr. Lam said, "I have accepted the invitation from Mr. Lawrence Chu, Chairman of VSFG, because we share the same vision for the future development of Hong Kong's financial industry. We hope to create synergies to attract more family offices from overseas and the Mainland to set up in Hong Kong while also quickly driving the growth and development of virtual assets and green finance in Hong Kong, in order to help enhance the competitive edge of Hong Kong as an international financial centre." VSFG is the first virtual asset manager in Hong Kong licensed by the Hong Kong Securities and Futures Commission ("SFC"). Far back in 2018, VSFG already initiated a discussion with the SFC on full compliance between traditional and virtual assets to develop innovative financial services. This is in line with Dr. Lam's view on enhancing Hong Kong's unique competitive advantages as an international financial centre and promoting and facilitating financial technologies.

Mr. Lawrence Chu, Chairman of VSFG, also expressed his sincere appreciation to Dr. Lam for joining and supporting VSFG, "As a farsighted visionary, Dr. Lam has always been driving the integration of the new and traditional economies without neglecting the importance of regulations and corporate governance. As we strive to integrate traditional wealth management with the future of finance, we must achieve full compliance first while effectively linking traditional and virtual assets together. It is of utmost importance to put in place sound internal controls. As a solicitor of the High Court of HKSAR (formerly a member of Hong Kong Bar), a Fellow of the Hong Kong Institute of Arbitrators, the Hong Kong Institute of Directors and CMA Australia, and an Honorary Fellow of CPA Australia, Dr. Lam not only provides us with valuable constructive suggestions on laws and regulations and corporate governance, but also delivers strategic advice on the Group's sustainable development policies, lifting our service offerings to the next level in a comprehensive manner."

With his extensive industry experience in corporate governance, strategy consulting, policy advocacy, international cooperation, investment banking, direct investment and asset management, Dr. Lam will provide leadership for VSFG to fully leverage its strengths in participating in the development of Hong Kong as an International Virtual Assets Centre and Green Finance Hub, integrating traditional wealth management with the future of finance, creating new milestones for Hong Kong's financial development going forwards.

About VSFG
Venture Smart Financial Holdings Limited (VSFG) is a global financial services platform headquartered 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.

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

SAVIC Inc. Empowers Qnovate Inc. with SAP S/4HANA Public Cloud for Unleashing Digital Transformation

TAMPA, FLA., May 16, 2023 – (ACN Newswire) – SAVIC Inc., a leading implementation partner, is thrilled to announce the successful implementation of Rise with SAP Public Cloud for Qnovate Inc., a prominent technology solutions provider. This collaboration marks a significant milestone in Qnovate's digital transformation journey, enabling them to compete and excel in today's ever-evolving business landscape.

Qnovate Inc. faced several challenges, including limitations in system scalability, multi-country and multi-company operations, and a lack of robust analytics. Recognizing the need for a comprehensive and agile solution, Qnovate partnered with SAVIC Inc. to leverage the power of Rise with SAP Public Cloud.

With an impressive project duration of just 1.5 months, SAVIC Inc. seamlessly implemented Rise with SAP Public Cloud for Qnovate Inc., delivering exceptional value-driven results. The partnership allowed Qnovate to benefit from the renowned ERP solution provided by SAP and the technical expertise of SAVIC as a trusted implementation partner.

By embracing Rise with SAP Public Cloud, Qnovate Inc. now enjoys a cloud-based and integrated application environment that empowers their workforce and enhances user experience through a superior UI. Real-time analytics and reporting capabilities out of the box have revolutionized their decision-making process, enabling faster and more informed insights.

One of the key advantages of Rise with SAP Public Cloud is its ability to support multi-country, multi-company, and multi-currency operations. This scalability has provided Qnovate with the flexibility to expand their operations globally, facilitating their growth strategy and opening doors to new opportunities.

Moreover, Qnovate Inc. benefits from the seamless upgradations and maintenance provided by SAP, effectively reducing IT costs and complexities. This allows Qnovate to focus on their core business, while SAP ensures their applications are up to date and optimized for peak performance.

Deepak Suri, Assistant General Manager at Qnovate Inc., expressed his satisfaction with the transformation, stating, "To make our cloud-first data strategy possible, we needed the right tool for the job. Rise with SAP Public Cloud brings all our data together and gives us everything we need for our cloud transformation." The success metrics speak for themselves, with Qnovate reporting a remarkable 100 percent improvement in information availability, faster decision-making, and an impressive 50 percent revenue growth due to improved process efficiency.

SAVIC Inc. and Rise with SAP Public Cloud have enabled Qnovate Inc. to embrace a digital-first approach, equipping them with the necessary tools and capabilities to innovate, compete, and thrive in today's business environment. This implementation signifies a significant step forward for Qnovate Inc. and positions them as a leading player in the technology solutions industry.

For more information about SAVIC Inc. and their implementation services, please visit www.savictech.com.

About SAVIC Inc.:

SAVIC Inc. is a trusted implementation partner, specializing in SAP solutions, cloud computing, data management, and analytics. With a team of seasoned professionals and a proven track record, SAVIC helps businesses leverage cutting-edge technologies to drive growth, enhance efficiency, and achieve digital transformation.

For more information, please contact:
Venkat S Nathan
Venkat.s@savictech.com
+1 (518) 605-7895

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

Palladium One Announces Exercise of Anti-Dilution Right by Strategic Shareholder

TORONTO, ON, May 15, 2023 – (ACN Newswire) – Palladium One Mining (TSXV: PDM) (FSE: 7N11) (OTCQB: NKORF) ("Palladium One" or the "Company") is pleased to announce that Glencore plc ("Glencore"), a large shareholder of the Company through its wholly-owned subsidiary, has elected to exercise its pro-rata equity participation rights and has subscribed for 7,439,071 common shares in the capital of the Company (the "Common Shares"). The Common Shares were issued at a price of $0.11 per Common Share for aggregate gross proceeds of $818,297.80 (the "Financing"). Following the Financing, Glencore holds approximately 9.99% of the Company's equity on a partially diluted basis.

Pursuant to the terms of the investor rights agreement entered into between Glencore and the Company (the "Investor Rights Agreement"), Glencore elected to exercise its pre-emptive rights to maintain its ownership interest in the Company in respect of the Company's recently completed acquisition of MetalCorp Limited.

All Common Shares issued under the Financing are subject to a four-month hold period from the closing date. No fees were paid in connection with Glencore's investment.

About Palladium One

Palladium One Mining Inc. (TSXV: PDM) is focused on discovering environmentally and socially conscious Metals for Green Transportation. A Canadian mineral exploration and development company, Palladium One is targeting district scale, platinum-group-element (PGE)-copper-nickel deposits in Canada and Finland. The Lantinen 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. Forward-looking statements contained in this news release include, without limitation, statements with respect to: the expected synergies and benefits of the Financing, the future price of nickel, copper, gold, and cobalt, the estimation of mineral resources, costs and timing of the development of projects and new deposits, success of exploration, currency fluctuations, requirements for additional capital, government regulation of mining operations, and environmental risks. 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.

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/166045

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Loop Industries Announces Signed Letter of Intent With On AG to Secure Volumes From Planned Infinite Loop(TM) Manufacturing Facility in Ulsan, South Korea

MONTREAL, QUEBEC, May 15, 2023 – (ACN Newswire) – Loop Industries, Inc. (Nasdaq:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, and On AG ("On"), a sportswear brand and a subsidiary of On Holding AG, today announced a Letter of Intent ("LOI") has been signed by On to secure volumes of 100% recycled virgin quality Loop(TM) PET resin from the upcoming Asian Infinite Loop(TM) manufacturing facility in Ulsan, South Korea, which Loop is planning with its strategic partner SK Geo Centric. The Ulsan manufacturing facility is anticipated to break ground by end of this year.

The signed LOI follows a two-year period of collaboration between Loop and On, throughout which time a technical due diligence was completed, validating Loop's technology and Loop(TM) PET resin was tested in On's product. This partnership will provide On the ability to produce sustainable footwear and apparel using recycled materials and without the need for polyester fiber created from fossil fuels, which helps to reduce PET waste and the manufacturing footprint for On.

"Circularity is a main pillar in On's sustainability process. We are happy to see that Loop is bringing their technology to commercial scale," said Ilmarin Heitz, Head of Innovation at On. "This marks another huge step towards closing the fiber-to-fiber loop within the textile industry."

"Loop's technology enables fiber to fiber recycling, providing brands like On with a closed-loop solution to their supply chain," said Giovanni Catino, Vice President of Sales and Business Development. "We anticipate that 60% of the feedstock utilized at our planned commercial manufacturing facility in Ulsan to come from polyester fibers which presents a significant opportunity for circularity for this material."

Loop Industries is leading the way in sustainable and circular solutions for PET waste, allowing materials to be infinitely recycled without loss of quality or performance. Loop's breakthrough technology enables low value PET waste to be upcycled into 100% recycled virgin-quality Loop(TM) PET resin which can be used in plastic products and food-grade packaging as well as polyester fiber applications. In addition to low value PET plastic waste, Loop also utilizes polyester fiber waste as feedstock in its process. By upcycling these materials, Loop's technology helps supply brands with sustainable, recycled polyester fabric and offers a closed loop solution to the textile industry. This unique fiber to fiber recycling process is achieved through Loop's patented depolymerization technology.

By leveraging Loop's technology and securing volume at the upcoming Ulsan, South Korea manufacturing facility, On is implementing a bold and sustainable footwear strategy in the industry, taking a giant step forward in circularity. The partnership between Loop Industries and On showcases how brands can transition to a sustainable, environmentally friendly solution where materials can be recycled infinitely.

About On

On was born in the Swiss Alps with one goal: to revolutionize the sensation of running by empowering all to run on clouds. Thirteen years after market launch, On delivers industry-disrupting innovation in premium footwear, apparel, and accessories for high-performance running, outdoor, and all-day activities. Fueled by customer-recommendation, On's award-winning CloudTec(R) innovation, purposeful design and groundbreaking strides in sportswear's circular economy have attracted a fast-growing global fanbase – inspiring humans to explore, discover and dream on. On is present in more than 60 countries globally and engages with a digital community on www.on.com.

About Loop Industries

Loop Industries is a technology company whose mission is to accelerate the world's shift toward sustainable PET plastic and polyester fiber and away from our dependence on fossil fuels. Loop Industries owns patented and proprietary technology that depolymerizes no and low-value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpets and textiles of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). The monomers are filtered, purified and polymerized to create virgin-quality Loop(TM) branded PET resin suitable for use in food-grade packaging and polyester fiber, thus enabling our customers to meet their sustainability objectives. Loop(TM) PET plastic and polyester fiber can be recycled infinitely without degradation of quality, successfully closing the plastic loop. Loop Industries is contributing to the global movement towards a circular economy by reducing plastic waste and recovering waste plastic for a sustainable future.

Common shares of the Company are listed on the NASDAQ Global Market under the symbol "LOOP." For more information, please visit www.loopindustries.com.

Follow Loop on Twitter: @loopindustries, Instagram: loopindustries, Facebook: Loop Industries and LinkedIn: Loop Industries

Forward-Looking Statements

This news release contains "forward-looking statements" as defined in the U.S. Private Securities Litigation Reform Act of 1995. Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "should," "could," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or "continue" the negative of such terms or similar words. These forward-looking statements include, without limitation, statements about Loop's market opportunity, its strategies, ability to improve and expand its capabilities, competition, expected activities and expenditures as Loop pursues its business plan, the adequacy of its available cash resources, regulatory compliance, plans for future growth and future operations, the size of Loop's addressable market, market trends, and the effectiveness of Loop's internal control over financial reporting. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond Loop's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with among other things: (i) commercialization of our technology and products, (ii) our status of relationship with partners, (iii) development and protection of our intellectual property and products, (iv) industry competition, (v) our need for and ability to obtain additional funding relative to our current and future financial commitments, (vi) engineering, contracting, and building our manufacturing facilities, (vii) our ability to scale, manufacture, and sell our products in order to generate revenues, (viii) our proposed business model and our ability to execute thereon, (ix) adverse effects on the Company's business and operations as a result of increased regulatory, media, or financial reporting scrutiny, practices, rumors, or otherwise, (x) disease epidemics and other health-related concerns and crises, which could result in reduced access to capital markets, supply chain disruptions and scrutiny, embargoing of goods produced in affected areas, government-imposed mandatory business closures and any resulting furloughs of our employees, government employment subsidy programs, travel restrictions or the like to prevent the spread of disease, or market or other changes that could result in non-cash impairments of our intangible assets, and property, plant and equipment, (xi) the effect of the continuing worldwide macroeconomic uncertainty and its impacts, including inflation, market volatility and fluctuations in foreign currency exchange and interest rates, (xii) the outcome of any SEC investigations or class action litigation filed against us, (xiii) our ability to hire and/or retain qualified employees and consultants, (xiv) other events or circumstances over which we have little or no control, and (xv) other factors discussed in Loop's subsequent filings with the Securities and Exchange Commission ("SEC"). More detailed information about Loop and the risk factors that may affect the realization of forward-looking statements is set forth in Loop's filings with the SEC. Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov. Loop assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

For More Information:
Investor Relations:
Kevin C. O'Dowd, Vice-President Communications & Investor Relations
Loop Industries, Inc.
+1 617-755-4602
kodowd@loopindustries.com

Media Inquiries:
Andrea Kostiuk, VP Marketing & Communications
Loop Industries, Inc.
+1 (450) 951-8555
akostiuk@loopindustries.com

SOURCE: Loop Industries, Inc.

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

Malaysian Genomics Inks Agreement in Expansion to Bangladesh

PETALING JAYA, Malaysia, May 15, 2023 – (ACN Newswire) – Malaysian Genomics Resource Centre Berhad (Bursa: MGRC, 0155), a leading genomics and biopharmaceutical specialist, today announced a strategic cooperation agreement (SCA) with Toticell Limited for the distribution of the Group's products in Bangladesh.

Sasha Nordin, Chief Executive Officer of Malaysian Genomics

Azri Azerai, Executive Director of Malaysian Genomics

Toticell, which is based in Dhaka, Bangladesh, specialises in regenerative healthcare focusing on treatments for musculoskeletal conditions such as arthritis, sports-related injuries and tendinopathies.

Under the SCA, the parties agree to cooperate in the distribution of Malaysian Genomics' cosmeceutical products, genetic screening tests, CAR T-cell therapy services, and other areas of mutual commercial interests.

Mr. Sasha Nordin, CEO of Malaysian Genomics said, "Bangladesh represents a market with vast opportunities given its population of approximately 165 million people. The country's economy, which is the second-largest in South Asia, is growing rapidly it is identified by Goldman Sachs Inc. as one of the Next Eleven, along with the BRICS economies for potential. Malaysian Genomics is delighted to cooperate with Toticell to bring our products and services to Bangladesh."

Mr. Azri Azerai, Executive Director of Malaysian Genomics, said, "This collaboration with Toticell falls in line with Malaysian Genomics' strategic expansion plan which includes diversifying geographically and globally."

In April, MGRC announced that the Group has made progress in establishing partnerships following the signing of SCAs with several Dubai, United Arab Emirates ("UAE") parties, namely American Spine Center ("ASC"), a Dubai, UAE-based specialist in spinal injury and spine pathology; BALSAM Health Services ("Balsam"), a Dubai, UAE-based healthcare service provider; Wellness by Design FZ LLC ("Wellness by Design"), a Dubai, UAE-based nutrition, obesity and weight loss specialist, and Sharjah, UAE-based IAC International LLC ("IAC"), which is coordinating and developing the partnerships.

MGRC also recently appointed Mr. Aswath Ramakrishnan as its new Independent Non-Executive Director. He is an experienced practising lawyer involved in commercial litigation, shipping and maritime, defamation, corporate and insolvency litigation, asset and debt recovery, intellectual property litigation, arbitration, and cross-border dispute.

Malaysian Genomics Resource Centre Bhd: 0155 [BURSA: MGRC] [RIC: MGRC:KL] [BBG: MGRC:MK], http://www.mgrc.com.my/

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