OCTO, new FinOps solution from Alphaus, to help businesses maximize ROI on their cloud usage

KUALA LUMPUR, May 24, 2023 – (ACN Newswire) – Alphaus Inc. (https://alphaus.cloud/en/), the market leader in cloud financial management (CFM) solutions in Japan with a growing regional presence in Southeast Asia, is extending its suite of SaaS solutions to cater to SMEs and large enterprises running on cloud infrastructure.

Having successfully delivered huge cost savings to companies in Japan and Southeast Asia through its proven solutions for managed service providers (MSP), the company is now globally introducing OCTO, a SaaS-based FinOps platform for any business that uses cloud infrastructure for its operations. Beyond cost savings, OCTO enables finance, FinOps and DevOps teams to work together effectively to achieve the best outcomes for the business. Moreover, OCTO integrates effectively with a multitude of third-party solutions, acting as the connecting hub that brings them all together. This seamless integration enhances user experience, solidifying OCTO as an essential tool for end-users.

Companies interested in minimizing wasted cloud spend, saving costs and maximizing their ROI are now invited to sign up for the waitlist to experience the many benefits of OCTO.

OCTO enables cost aggregation by account, service, or tags with centralized account management for AWS, Azure, and Google Cloud Platform (GCP). Smart visualization through project-specific dashboards provides a clear view and understanding of all cloud costs. With advanced tag management, OCTO then intelligently distributes project costs and allocates credits and savings through its optimization capabilities. It helps businesses with a comprehensive cost optimization cycle covering numerous daily operations and enabling auto-pilot cost optimization, together with detailed metrics for gauging success of plans and actions.

"Due to the growing complexity of cloud technologies, most businesses find it a significant challenge to track cloud usage and associated costs across the organization. This lack of clear visibility and understanding of cloud costs negates the potential benefits and savings for companies by using the cloud," said Hajime Hirose, CEO of Alphaus. "We aim to solve this problem at scale with a versatile, comprehensive, and user-centric solution like OCTO, and help any business- whether it is a SME or a large-enterprise- to fully realize the benefits of using the cloud. Beyond understanding cloud spend, we want to empower businesses to seamlessly manage and optimize that spend with appropriate allocation, generate savings, and make a tangible impact on their bottom line."

Don't miss out on the opportunity to save on cloud costs and maximize your ROI. Sign up for the waitlist today and be among the first to experience the many benefits of OCTO. Visit: https://lp.alphaus.cloud/

About Alphaus Inc.

Alphaus (https://alphaus.cloud/en/), a VC-backed tech start-up on a mission to simplify cloud computing for everyone, specializes in Cloud Financial Management (CFM) solutions. The company enables cloud services partners and other businesses to understand, manage and optimize complicated cloud spend, billings and resource allocation for maximizing ROI on their investments in the cloud. Alphaus provides a suite of Software-as-a-Service (SaaS) solutions for multi-cloud management supporting AWS, Microsoft Azure, and Google Cloud.

Founded in 2015, Alphaus Inc. is backed by reputed investors like DNX Ventures, NTT DoCoMo Ventures, Mitsubishi UFJ Capital, Archetype Ventures, Accord Ventures, and 500 Global. The company's roster of clients includes NTT Data, Nomura Research Institute (NRI), and ISI-Dentsu. Headquartered in Japan, Alphaus has a rapidly growing Global Delivery Centre and Regional Headquarter in Kuala Lumpur Malaysia to support its rapid expansion in the Asia Pacific and Oceania regions.

Media Contact:
Hajime Hirose, CEO
Tel: +81.70.3173.7354
E-mail: Hajime.hirose@alphaus.cloud

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

SNS to Collaborate on Penang’s Digital Library Programme

PENANG, Malaysia, May 23, 2023 – (ACN Newswire) – SNS Network (M) Sdn Bhd, a subsidiary of SNS Network Technology Berhad (Bursa: SNS, 0259), a leading provider of ICT systems and solutions, is pleased to announce a collaboration with Persatuan Kebajikan 88 Kapten Pulau Pinang (88 Captains) under the "5G Digital Library Programme" to equip schools in Penang with wireless 5G broadband connectivity.

Ko Yun Hung, Managing Director of SNS

YB Dato' Seri Dr. Ooi Eng Hock, Chairman of Penang 88 Captains

Yang Amat Berhormat Tuan Chow Kon Yeow, Penang Chief Minister; Irene Cheong Lai Keng,
Branch Manager of SNS; Yang Berhormat Prof. Dr. P.Ramasamy a/l Palanisamy,
Penang Deputy Chief Minister II [L-R]

As part of the collaboration, SNS will sponsor 264 units of JOI Classmate 10 totaling RM342,936 to 88 select schools in Penang as part of a pilot project enabling students to have better access to their school's Digital Library anytime and anywhere through provided high-speed, uninterrupted 5G broadband. Each of these school will receive a Content Access Server that can keep thousands of e-books, a modem with 5G broadband, and three units of laptops.

88 Captains is also aiming to expand the programme to all schools in the state and SNS is prepared to fully support its efforts in developing a thriving talent ecosystem in Penang. SNS believes that broadband speed is vital in today's education system while a Digital Library is important as a platform to house all the digital content for students and encourage collaboration among teachers through the Intel-based Content Access Server.

Managing Director of SNS, Ko Yun Hung said, "As a technology provider, our JOI(R) devices add value to education across the spectrum that makes the education journey more engaging, dynamic, richer, and fulfilling. We are always committed in driving positive changes in education transformation and we believe this initiative will be an effective educational foundation that will revolutionize the digital learning environment."

Chairman of Penang 88 Captains, YB Dato' Seri Dr. Ooi Eng Hock said, "Collaborations like these are the next logical step and comes on the heels of our previous cooperation with local universities to secure funding for deserving students in the state. The current 5G programme is a synthesis of the collective efforts of the respective bodies in bringing education in the state to the forefront of Industry 4.0. We are honoured to coordinate these efforts to fast-track 5G broadband connectivity in Penang's schools, and we appreciate top technology leaders such as Intel and YTL, collaborating with Penang Science Cluster, to create new and improved learning opportunities to accelerate digital transformation in education."

For more information on SNS Network and its offerings, please visit: https://www.sns.com.my/

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

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

Leon Fuat Shareholders Approve Dividend for FY2022

SHAH ALAM, Malaysia, May 23, 2023 – (ACN Newswire) – Leon Fuat Berhad, a manufacturer and trader of steel products specialising in rolled long and flat steel, would like to announce that shareholders have approved all resolutions at the Group's 16th AGM today.

Calvin Ooi Shang How, Executive Director of Leon Fuat

Shareholders approved a resolution to pay out a final single tier dividend of 1.5 sen per share for the financial year ended 31 December 2022 ("FY2022").

Resolutions to re-elect Mr. Ooi Seng Khong, Mr. Ooi Kong Tiong and Mr. Ng Kok Teong as directors were also approved as were resolutions to retain Mr. Chan Kee Loin, Mr. Tan Did Heng and Mr. Tan Sack Sen as independent directors.

Baker Tilly Monteiro Heng PLT was also re-appointed as the Group's auditors for FY2023, with shareholders also authorising the directors to fix its remuneration.

Calvin Ooi Shang How, Executive Director of Leon Fuat said, "We had a smooth physical AGM and would like to thank all who made this shareholders' meeting a success. The Group is cautiously optimistic of the outlook for FY2023 and will continue to seek opportunities to diversify products and services as well as the customer base to ensure earnings sustainability. We also will continue to monitor steel prices as well as related foreign currencies and take proactive measures such as through negotiating forward contracts and prudent inventory management to mitigate the risks to the business."

"We would like to thank our shareholders who attended our physical AGM which allows us to have an effective engagement and who have been with us through thick and thin. The Group appreciates their trust and confidence and will continue to work to create value despite the challenging macroeconomic outlook. We view positively the recent announcement of Malaysia's better-than-expected 5.6% year-on-year economic growth as this is a good indicator of the country's economic strength that we would want to leverage on."

Leon Fuat Berhad: [BURSA: LEFU] , https://www.leonfuat.com.my/

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

Kazakhstan-Singapore Business Forum: ONERHT leads investment in Kazakhstan gold mining company

Astana, Kazakhstan, May 22, 2023 – (ACN Newswire) – RHT AlDigi Financial Holdings Pte. Ltd. (RHTAFH) and Biryuk Altyn LLP have signed a Memorandum of Understanding (MOU) to invest in and commercialise Biryuk's gold mine, with support from the ONERHT ecosystem.

RHT Strategic Advisory Director Ms Tan Mae Ling, RHTAFH Chairman Mr Tan Chong Huat, RHTLaw Asia
LLP Managing Partner Mr Azman Jaafar, Ordabasy Group Chairman Mr Dinmukhamed Baizhanov,
Mining Division Director Yerzhan Ishmukhamedov, RHTAFH Director Mr Jayaprakash Jagateesan,
Biryuk Director Mr Khassanov Ruslan, and RHT DigiCapital Managing Director Dr Pang Ti Wee. [L-R]

RHTAFH is a member of ONERHT, a Singapore-based multidisciplinary professional and specialist services group while Biryuk owns a 56sqkm gold mine, located 600km from Kazakhstan's capital, Astana. The mine holds probable reserves of 50-100 tons of gold with a potential value of US$1 billion.

Under the MOU, RHTAFH-affiliate RHT Strategic Advisory Pte. Ltd. will invest in Biryuk, bringing ONERHT's full suite of professional and specialist services to further support Biryuk as it begins to commercialise the mine.

Through ONERHT, Biryuk will have access to deep expertise and experienced advisors, with support from full service law firm RHTLaw Asia LLP, Monetary Authority of Singapore (MAS) regulated registered fund management company RHT DigiCapital Pte. Ltd., Recognised Market Operator licence holder SDAX Exchange Pte. Ltd., and Capital Markets Services licence holder RHT Capital Pte. Ltd.

RHTAFH Director Mr Jayaprakash Jagateesan said, "ONERHT brings deep expertise across legal compliance, fund management, digital assets and capital markets to support the needs of Kazakh businesses, including mineral, oil and gas (MOG) companies leveraging Singapore as a hub to engage South-east Asia and explore potential areas for cooperation."

Biryuk Director Mr Khassanov Ruslan said, "Our partnership with ONERHT will enable us to tap Singapore's expertise while accelerating the commercialisation of our mine. The MOU is also a significant milestone in economic cooperation between Kazakhstan and Singapore."

The signing ceremony took place at the Kazakhstan-Singapore Business Forum held in Astana.

About ONERHT

ONERHT is an integrated multidisciplinary platform of professional and specialist services. Since 2011, RHTLaw Asia's founding team has developed a second engine of growth through ONERHT, an independent ecosystem of professional and specialist services, and networks, complementing RHTLaw's full service legal offerings. For more details, please visit https://www.aldigi.co and www.onerht.com

RHT AlDigi Financial Holdings Pte Ltd is an investment holding company incorporated in Singapore and the vendor of AlDigi Holdings Pte Ltd in the ongoing reverse takeover.

For media queries, please contact:
Elliot Siow / elliot.siow@rhtgoc.com / +65 8375 0417

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

Artroniq Shareholders Approve Private Placement to Raise up to RM36.8 Million

KUALA LUMPUR, May 19, 2023 – (ACN Newswire) – Leading global information and communications technology (ICT) provider Artroniq Berhad is pleased to announce that shareholders have approved all resolutions at the Company's EGM today.

Marcus Chin Choon Wei, Chief Financial Officer of Artroniq Berhad

Shareholders approved a private placement of up to 65,659,400 placement shares, representing 20.0% of the Company's total number of issued shares, to raise gross proceeds of up to RM36.8 million for the diversification into the manufacturing of electric bicycles (e-bikes), general working capital and estimated expenses for the proposal.

Shareholders also approved the proposal to diversify into the e-bikes business as part of the Company's strategy to diversify its income stream.

A bonus issue of up to 196,978,202 new warrants on the basis of one warrant for every two existing ordinary shares in the Company was also approved to reward shareholders for their support by enabling them to participate in its convertible securities as well as to provide them with an opportunity to increase their equity participation should they exercise the warrants.

In the event that all the warrants are exercised at the exercise price of RM0.60 each, the Company will raise gross proceeds of RM118 million to be used for working capital requirements, including payments to suppliers and trade creditors, staff costs, directors' remuneration and statutory contributions, overhead expenditures and, compliance expenses.

Marcus Chin Choon Wei, Chief Financial Officer of Artroniq, said, "I would like to thank all our shareholders who participated in the EGM to shape the future of the Company. We also want to thank them for their trust in the board of directors and management in guiding the business to greater success."

"The e-bikes business not only adds an additional income stream, but it also enhances our earnings with a contribution of 25% or more in net profit besides resulting in the diversion of 25% or more of the Company's net assets. The ICT products business comprising provision of point-of-sale (POS) solutions and distribution of POS hardware, peripherals and related services will remain as the Company seek to leverage on opportunities in technology trends."

Earlier this year, Artroniq's wholly owned subsidiary, Artroniq iTech Sdn Bhd, was awarded a RM100.0 million, two-year contract by Beno Inc. to assemble the Reevo series of e-bikes totalling 7,000 units that is expected to be completed on or before 30 September 2023.

As of 19 May 2023, Artroniq's share price is at RM0.80sen with a market capitalisation of RM262.6 million.

Artroniq Bhd: 0038 [BURSA: ARTRONIQ] [RIC: ARTR.KL] [BBG: ARTRONIQ:MK], https://www.artroniq.com/

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

First Bitcoin NFT Marketplace to Use RGB Smart Contracts, DIBA Launches on Mainnet

MIAMI, FL, May 19, 2023 – (ACN Newswire) – DIBA, the first Bitcoin NFT marketplace leveraging RGB smart contracts, launches on mainnet. The launch includes BitMask, a one-of-a-kind, Bitcoin-only wallet that can hold music and art unique digital assets (UDAs), and Carbonado, hosted on high availability storage and cloud services provided by Hut 8, one of North America's largest innovation-focused digital asset miners and high performance computing provider.

Backed by notable bitcoin investors Tim Draper of Draper Associates, Bill Tai of ACTAI Unicorn Fund, Yasmeen Drummond of NIMA Capital, and Erez Kalir of Martial Eagle Fund, DIBA aims to bring Bitcoin utility to the masses through enabling the exchange of UDAs on the most decentralized, censorship-resistant network.

Gideon Nweze, Founder & CEO of DIBA, said, "It's our view that Bitcoin is the only network that is positioned to become the foundation for the next world economy given its decentralized, censorship-resistant, Proof-of-Work design. Bitcoin is designed to be built in layers and this one reason is why we're very excited to announce the launch of DIBA, which enables the exchange of Unique Digital Assets for the first time on Bitcoin. This marks a major milestone in the transition of the internet onto Bitcoin."

Tim Draper, American Venture Capital & Bitcoin Investor, said, "The bull case for Bitcoin assets is in the ballpark of $10bn market cap over the next couple of years. What Gideon and the team at DIBA have built is a testament to the potential NFTs on Bitcoin hold in capturing the creative and sovereign spirit of this next generation. I am excited about DIBA's launch and look forward to their future growth."

Josh Rayner, VP of High Performance Computing at Hut 8, shared, "We are bullish on Bitcoin and the potential of Layer 1 and 2 protocols, and are proud to support DIBA's Bitcoin NFT platform with high availability storage and cloud services on our HPC infrastructure, as part of that evolution."

The DIBA marketplace uses RGB, a Smart Contract Protocol on Bitcoin that enables encrypted transactions, and the Lightning Network to offer free NFT mints, sovereign and private assets, as well as deterministic unhackable smart contracts.

To learn more about DIBA, visit DIBA.io and follow them on Twitter @trydiba.

For media inquiries, please contact Phil LeRoy at (310) 260-7901 or phil(at)melrosepr(dot)com.

About DIBA

DIBA Global builds decentralized application Infrastructure on Bitcoin and the Lightning network. As the first marketplace on Bitcoin using RGB Smart Contract Protocol and Lightning Network to exchange Unique Digital Assets (UDAs), commonly referred to as NFTs, DIBA Marketplace is focused on accelerating art & entertainment utility on Bitcoin. DIBA's mission is to help millions of people own, use and exchange non-custodial digital assets that are censorship resistant while catalyzing access, equity, and fairness. Visit DIBA at www.DIBA.io.

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

Media Savvy Awards adds Best Sustainability Communications category

SINGAPORE / KUALA LUMPUR, May 16, 2023 – (ACN Newswire) – Hong Bao Media has added a Best Sustainability Communications category to its annual Media Savvy Awards, which recognise Singaporean and Malaysian business leaders for excellent traditional – and new media skills.

The Awards have been convened for six consecutive years to celebrate great homegrown orators and media performers, and to encourage other local business leaders to follow their example. This year's Hong Bao Media Savvy Awards are again supported by the Asia-Pacific Association of Communications Directors (APACD) and Public Relations and Communications Association (PRCA), as well as new supporter, ACN Newswire.

This year's judges are:

– Keith Morrison, Director of Marketing & Communications at Black & Veatch and President, Asia-Pacific Association of Communications Directors
– Asiya Bakht, CEO & Founder of Beets Public Relations
– Ramya Chandrasekaran, Chief Communications Officer, QI Group
– Rimmi Harindran, Senior Director, Corporate Affairs, AMEA, Kellogg Asia Pacific
– Shruti Gupta, Former Chief of Marketing Communication, Cashify.in
– David Venn, Global Director, Communications, World Scout Bureau
– Lina Marican, Regional Managing Director, Mutant Communications

The new category this year, Best Sustainability Communications, is in addition to the existing criteria Best Broadcast Interview, Best Online Interview and Best Hybrid Presentation.

Keith Morrison, President of APACD, said: "Today's dynamic and diffuse media landscapes demand that leaders connect with authority, empathy and authenticity with their customers, employees, regulators, investor and other key stakeholders. Failure to be great communicators and media savvy, which these awards recognise, risks the reputation of their organisations and misses out on opportunities to influence and attract success."

Lina Marican, Regional Managing Director, Mutant Communications said: "With the rise of social media consumption, CEOs and leaders must increasingly connect with audiences on these new platforms. Often, this means having a direct dialogue with consumers and journalists who frequently use social media to break and share news. When it comes to sustainability communications, there is an additional layer of scrutiny as leaders need to be genuine and transparently articulate what their company is doing to cut through greenwashing claims and scepticism.

"Overall, leaders have to be intentional and genuine about not only landing key messages but doing it effectively on new and emerging platforms where people are spending their time."

Media Savvy Award convenor Mark Laudi said: "We have added the Best Sustainability Communications category this year, in recognition of the many corporate spokespeople who talk about their organisations ESG initiatives without greenwashing.

"Greenwashing is just another word for exaggerating sustainability action, embellishing the truth or even spreading half-truths and untruths. Spokespeople who tell the unvarnished truth, focus on materiality and provide evidence for their sustainability initiatives stand a good chance of winning this award."

This is in addition to the previous criteria of Best Broadcast Interview, for interviews first carried on traditional radio and television stations, and "Best Online Interview", for interviews posted on the websites and channels of online-only and traditional print publications.

Nominations officially open Monday, July 3 and can be made for free at www.mediasavvyawards.com by Friday, September 15, 2023.

Multimedia: Videos available at https://vimeo.com/showcase/10369525

For further information:
Mark Laudi
Convenor, Hong Bao Media Savvy Awards
Tel: +65 9017 3534, Email: mark.laudi@hongbaomedia.com

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

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

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

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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

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