HKIRA 9th IR Awards 2023 now open for nomination

HONG KONG, Feb 7, 2023 – (ACN Newswire) – Hong Kong Investor Relations Association (HKIRA) is pleased to announce that public nomination is now open for the HKIRA 9th IR Awards 2023 (the 'Awards'). This will be the ninth consecutive year of the Awards at which remarkable practices of good IR and corporate governance are recognized among Hong Kong listed companies.


Mr Vincent Ching, Managing Director, Head of Intermediaries Business (Asia Pacific) of Value Partners Group, Professor Louis Cheng, Dr. S H Ho Professor of Banking and Finance and the Director of Research Centre for ESG, The Hang Seng University of Hong Kong, Chairman of the Judging Panel, Dr Eva Chan, Founding Chairman of HKIRA and Mr Kevin Leung, Investor Relations Director & Company Secretary of China Resources Beer (Holdings) Company Limited (From left to right).


Dr Eva Chan, Founding Chairman of HKIRA, said, "Entering the post-COVID era, it is time for IR professionals to look deeper into how best to improve communications with different stakeholders. COVID has certainly brought about changes to the industry, with increasing focus on ESG, health-consciousness and wellness overall, as well as more effective use of technology in communications between relevant parties. We are glad to see the IR community adapting well to such changes in the market and we look forward to recognizing more listed companies with best practices at this year's Awards."

Last year, 167 award entries were received from listed companies, over 790 eligible voters and over 290 voting institutions participated in the voting. 48 winners from various categories were recognized at the Awards. Among the winners, China Resources Beer (Holdings) Company Limited (stock code: 00291), Yue Yuen Industrial (Holdings) Limited (stock code: 00551), and Sa Sa International Holdings Limited (stock code: 00178) were awarded Overall Best IR Company by company size – Large Cap, Mid Cap, and Small Cap – respectively.

The HKIRA 9th IR Awards 2023 is once again honoured to have Professor Louis Cheng, Dr. S H Ho Professor of Banking and Finance and the Director of Research Centre for ESG at, The Hang Seng University of Hong Kong, as the Chairman of the Judging Panel. Being an advocate and a researcher of best practice of IR, Professor Cheng has in recent years been promoting the idea of integrating ESG into investors' decisions. ESG-related awards have been added to the HKIRA IR Award categories since 2020. In addition, Professor Cheng has been working with HKIRA to continuously fine-tune the ESG award criteria to better reflect the latest development of ESG requirement in Hong Kong and Asia in order to recognize companies deserving such a recognition.

Public nomination for the HKIRA 9th IR Awards 2023 is now open to Hong Kong-listed companies. Nominated individuals and companies will be placed on the online voting list upon confirmation of their participation. The investment community, including buy-side and sell-side analysts, and fund managers, are eligible to vote. Nominees with the highest votes (weighted) in each award category will be shortlisted and then undergo a final assessment by the judging panel. Finally, the Most Progress in IR, the Overall Best IR Company Awards and the Grand ESG Award will be selected by the judging panel. Facilitating a fair and balanced evaluation, the judging panel comprises academics, representatives from professional associations and the investment community.

The HKIRA 9th IR Awards 2023 scheme has a total of 15 award categories honouring best IR practices of individuals and companies. Among these awards, 12 categories are open for nomination and voting, while the other 3 awards are selected by the judging panel. The award winners are to be announced at a ceremony to be held in Hong Kong in June 2023. For more information, please visit www.hkira.com/awards.

Strategic Public Relations Group is once again proud to be the Official Public Relations Partner and the Diamond Sponsor for the HKIRA IR Awards this year. Please find key dates relating to the Awards with its categories and criteria for selection listed in the Appendix.

About HKIRA
Hong Kong Investor Relations Association (HKIRA) is a non-profit professional association comprising investor relations practitioners and corporate officers responsible for communication between corporate management and the investment community. HKIRA advocates the setting of international standards in IR education, advances the best IR practices and meets the professional development needs of those interested in pursuing the investor relations profession.

HKIRA is dedicated to advancing the practice of IR as well as the professional competency and status of its members. To date, HKIRA has over 1,200 members most of whom are working for companies primarily listed on the Stock Exchange of Hong Kong. About 64% of the Hang Seng Index Constituent Stock companies are currently members of HKIRA. HKIRA's members are from a wide spectrum of professions including IR, finance, accounting, company secretarial to corporate investment and hold positions at different corporate levels, including top executives responsible for IR and management of listed companies. For more information about HKIRA details, please visit our website http://www.hkira.com.

About the IR Awards
The HKIRA Investor Relations Awards (the "IR Awards") is an annual campaign that aims to encourage, recognize and reward the excellence in investor relations practices by individuals and companies listed in Hong Kong Stock Exchange. Since the launch in 2015, each year the Awards seeks out and highlights the incredible achievements of individuals and companies with high standards in investor relations through their role modelling to the investment community.

The Awards ceremony, consisting of a conference in the morning and presentation in the afternoon, is a spectacular gathering of IR specialists and industry professionals that applauds and publicizes the year's achievements in investor relations. For details of the Awards and online nominations, please visit http://www.hkira.com/awards.

Key Dates
Nomination period: 7 February to 13 March
Online voting period: 21 March to 27 April
Judging Panel Meeting: May 2023
Award Presentation: June 2023

Award Categories / Recognition / Selection Method
Best IR Company / Company's Achievements / Open for nomination and online voting
Best IR Team / Company's Achievements / Open for nomination and online voting
Best ESG (E) / Company's Achievements / Open for nomination and online voting
Best ESG (S) / Company's Achievements / Open for nomination and online voting
Best ESG (G) / Company's Achievements / Open for nomination and online voting
Best Investor Meeting / Company's Achievements / Open for nomination and online voting
Best Investor Presentation Material / Company's Achievements / Open for nomination and online voting
Best Annual Report / Company's Achievements / Open for nomination and online voting
Best IR Company for an IPO* / Company's Achievements / Open for nomination and online voting
Best IR by Chairman/CEO / Individual's Achievements / Open for nomination and online voting
Best IR by CFO / Individual's Achievements / Open for nomination and online voting
Best IRO (Investor Relations Officer) / Individual's Achievements / Open for nomination and online voting
Most Progress in IR / Demonstration of the most progress in IR in the above areas during 2022 / Selected by Judging Panel
Overall Best IR Company Awards / Outstanding and all-round excellence in the above areas / Selected by Judging Panel
Grand ESG Award / Overall excellence in all the three areas across ESG / Selected by Judging Panel

* Companies which were listed on the Stock Exchange of Hong Kong in 2021 and 2022 are eligible to be nominated for this award.
Remarks: All awards will be further categorised by company market capitalisation into Large Cap, Mid Cap, and Small Cap, except Best IR Company for an IPO and Most Progress in IR Awards.

Judging Panel (Arranged in alphabetical order of last name)
Name / Title / Firms/Organizations
Professor Louis Cheng (Chairman of Judging Panel) / Dr. S H Ho Professor of Banking and Finance,
Director of the Research Centre for ESG, Director of the Research Institute for Business / The Hang Seng University of Hong Kong
Dato' Seri CHEAH Cheng Hye MAoF / Co-Chairman And Co-Chief Investment Officer / Value Partners Group
Mrs Amy Donati / Executive Director and Chief Executive Officer / EDICO Holdings Limited
Ms Ashley Khoo, CFA, CPA / Past President and Board Director / CFA Society Hong Kong
Mr Stephen Law / Council Member / Hong Kong Institute of Certified Public Accountants
Mr Andrew Look / Independent Non-Executive Director / CITIC Resources Holdings Limited
Ms Victoria Mio, CFA, FRM / Head of Equity Research, Asia Pacific / Fidelity International
Dr Maurice Ngai / General Committee and the Chairman of Membership Services of the Sub-Committees / Chamber of Hong Kong Listed Companies


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

SCIB and Bintai Kinden in Strategic Alliance

KUALA LUMPUR, Feb 7, 2023 – (ACN Newswire) – Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that the Company had on 6 February 2023 signed a Memorandum of Understanding (MoU) with Bintai Kinden Corporation Berhad to establish a strategic alliance for exploring of business opportunities, securing of new projects and sharing of profits.


Group Managing Director of SCIB, Encik Rosland bin Othman

Executive Director of SCIB, Mr. Ku Chong Hong

Executive Director of Bintai Kinden, En. Azri Azerai


The MoU is a preliminary step the parties are taking as they explore a working relationship and cooperation to combine skills, expertise, capabilities, experience and collectively bid for projects in Malaysia and to set out the principal terms of the arrangement between the parties.

The JV vehicle to be used is SCIB's wholly-owned subsidiary, SCIB Infraworks Sdn. Bhd in which SCIB will retain a 51% stake in the JV while Bintai Kinden will subscribe to the remaining 49%. Bintai Kinden is a mechanical and electrical ("M&E") engineering services specialist listed on the Main Market of Bursa Malaysia, with unique combination of extensive regional experience and local knowledge.

Group Managing Director of SCIB, Encik Rosland bin Othman said, "We welcome this strategic alliance with Bintai Kinden as both parties can leverage each other's strengths and expertise that add value to any projects we are involved in together. SCIB's manufacturing arm, the leading precast concrete and Industrialised Building System products manufacturer in East Malaysia, is already supporting our construction arm in projects throughout the country."

"Our focus on small-to-mid-sized construction healthcare, educational and utility facilities as well as rural infrastructure projects together with investment in technology such as 3D printing and automation are also strengths that we can leverage on for the future JV projects."

Executive Director of SCIB, Mr. Ku Chong Hong said, "This JV brings together two teams with core expertise and knowledge in construction and engineering that will give an edge to projects undertaken together. We expect to see more infrastructure projects in the pipeline as Malaysia's construction sector gains momentum on the back of economic growth."

Executive Director of Bintai Kinden, En. Azri Azerai said, "We look forward to a fruitful partnership with SCIB as we seek opportunities together across the country. Bintai Kinden's core expertise is M&E services, and as a multi-disciplined building and industrial service engineers and specialists, we work in all the major market sectors, from commercial buildings to industrial complexes. We design, install and commission systems that include the full range of engineering services which we believe can complement the JV."

Bintai Kinden Corporation Berhad: 6998 [BURSA: BKC], http://bintai.com.my/
Sarawak Consolidated Industries Bhd: 9237 [BURSA: SCIB], http://scib.com.my

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

Doubleview Achieves Initial 56% Scandium Recovery in First Metallurgical Test of Hat Deposit Flotation Tailings – Potentially the First Major Source of Scandium in N. America

Vancouver, BC, Feb 7, 2023 – (ACN Newswire) – Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) ("Doubleview") is pleased to announce that its first attempt at recovering scandium in a sequential purification process has recovered 56% (fifty six percent) of scandium in tailings from its Hat Copper, Gold, Cobalt property. Scandium was recovered as a phosphate precipitate by treating flotation tailings extraction solution from metallurgical test work on Hat mineralization. The Hat property is located in the Golden Triangle region of Atlin Mining District, Northern British Columbia.


Cu Rougher 1st flotation stage

Bulk Cu-Co, 2nd Cleaner Flotation Stage

Precipitate


Scandium phosphate is a high value product that currently trades for approximately $35 per 1 gram lot, in comparison to gold which currently trades at approximately $60 per gram.

Earlier scandium extraction test work aimed at the recovery of scandium from Hat deposit flotation tailings demonstrated that it was possible to extract 90% of scandium to solution by employing a sulphate leach at elevated temperatures.

Test work has now moved into the scandium recovery-optimization phase, with sequential purification for the removal of iron and aluminium followed by precipitation of scandium as a phosphate product. Although 56% (fifty six percent) of scandium was recovered to a phosphate precipitate at the first attempt, test work to improve recovery and purity is continuing, including sequential purification, precipitate washing, phosphate purity, and recovery.

President and CEO Farshad Shirvani stated, "The discovery of a deposit with potential deliverables of scandium, cobalt, copper, and gold by Doubleview is a significant achievement for the company, its shareholders, and North America as a whole. Of particular significance is the potential for scandium, as the USA imports 100% of its scandium consumption. This landmark discovery has the potential to expand the use of scandium in a variety of applications, one of which is its ability to enhance the energy capacity, stability, and safety of nickel-metal Hydride (NiMH) batteries commonly used in electric vehicles and consumer electronics."

Mr. Shirvani further stated, "The integration of Scandium into aluminum alloys can lead to a stronger and lighter material than steel, which is essential for the automobile and aerospace industries. As the demand for energy-efficient vehicles continues to grow, the use of scandium aluminium alloy, with high percentages of scandium, provides a solution to the challenge of heavy energy consumption and limited infrastructure capacity. The shift towards ever lighter materials will require adoption by global industry of new techniques and materials."

Mr. Shirvani concluded by highlighting, "The discovery of this deposit has the potential to revolutionize various industries and provides a new opportunity for the use of scandium. This discovery has the potential to create a significant impact on the industry."

Further metallurgical testing for Scandium phosphate optimization and purification continues and updates will be provided as they become available.

Please see the assay table of the reported holes on the Company's website at:
https://www.doubleview.ca/scandium-2022-04-26-news/

Qualified Persons:

EUR ING Andrew Carter B.Sc. CEng. MIMMM, MSAIMM SME of Coffey, Tetra Tech is Doubleview's Qualified Person with respect to the Hat Project Metallurgical Studies as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects and has reviewed and approved the technical contents of this news release. He is independent of Doubleview.

About Doubleview Gold Corp

Doubleview Gold Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange [TSXV: DBG], [OTCQB: DBLVF], [GER: A1W038], [Frankfurt: 1D4]. Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The Company's portfolio of strategic properties provides diversification and mitigates investment risk.

On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer

For further information please contact:
Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO
T: (604) 678-9587
E: corporate@doubleview.ca

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

Palladium One Expands West Pickle High-Grade Nickel Zone to 600 Meters, Tyko Nickel – Copper Project, Canada

TORONTO, ON, Feb 6, 2023 – (ACN Newswire) – Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the "Company" or "Palladium One") is pleased to report the expansion of and additional high-grade drillhole intercepts from the West Pickle Zone massive sulphide discovery on the Tyko Nickel – Copper Project, in Ontario, Canada.

Highlights
– West Pickle mineralized strike length increased to over 600 meters, remains open to the east and west.
– New West Pickle Zone assay results include:
— 3.9% Ni, 2.5% Cu, 0.05% Co, 0.55 g/t Total Precious Metals ("TPM") (Pt+Pd+Au) over 2.0 meters of massive and semi-massive sulphides in hole TK-22-074
— Including 8.1% Ni, 2.8% Cu, 0.11% Co, 1.05 g/t TPM over 0.9 meters
– Property Wide Feeder Dyke / Chonolith geological model
— Successful first test returns wide interval of anomalous nickel, supports exploration thesis that east-west trending interpreted feeder dykes are mineralized (Hole TK22-076, located 2 kilometers West of the West Pickle Zone)
— RJ Zone, 2.7 kilometres east of West Pickle, previously retuned 85.4 meters of ultramafic hosted mineralization with Feeder Dyke / Chonolith breccia textures:
—- 0.5% Ni and 0.2% Cu over 85.4 meters in hole TK-16-002
—- Including 1.0% Ni and 0.2% Cu over 16.2 meters (see press release June 8, 2016)

President and CEO, Derrick Weyrauch commented, "This latest batch of drill results reinforces the high-grade nature of the West Pickle Zone. Visual results from hole TK22-117, the most easterly hole drilled to date on the West Pickle Zone, intersected massive nickel – copper sulphides (Figure 1 and 4) which has extended the zone to over 600 meters in length, and it remains open for further expansion both to the east and west.

"The anomalous nickel values over significant widths in hole TK22-076 is significant as they represent the first assays from the many interpreted Feeder Dyke / Chonolith structure on the 30,000-hectare Tyko Project. This mineralization style reinforces our interpretation that these structures potentially host additional nickel – copper discoveries.

"The 2023 exploration program is focused on ground truthing and drill testing these structures, with the intent of discovering additional wide zones of mineralization, such as the RJ Zone which retuned 85.4 meters of 0.5% Ni and 0.2% Cu (Hole TK16-002).

"The 2022 drill program consisted of 70 holes totaling 13,038 meters, of which 45 holes are pending assay results. The 2023 field season is currently underway, with a high-resolution magnetic survey having been completed. The survey was designed to refine the geometry of the interpreted feeder dykes / chonoliths across the Tyko project's 30-kilometer strike length prior to additional drill testing."

To date a total of 32 holes, totalling 6,766 meters have been drilled in the vicinity of the West Pickle Discovery. At present, West Pickle mineralization has been defined over more than 600 meters of strike length (Figure 3 and 4).

Figure 1. Massive pentlandite-pyrrhotite-chalcopyrite sulphide intersection in hole TK22-117 from 107.2 to 107.8 meters within a 5.5-meter intersection of patchy, disseminated and stringer sulphide from 107.2 to 112.7 meters, assays are pending.
https://images.newsfilecorp.com/files/6502/153679_58ae80896427facf_001full.jpg

Figure 2. Tyko Property map showing various mineralized zones and multi-line VTEM anomalies, background is Calculated Vertical Gradient Magnetics ("CVG").
https://images.newsfilecorp.com/files/6502/153679_58ae80896427facf_002full.jpg

Figure 3. Plan and long section looking north perpendicular to the interpreted chonolith structure linking the West Pickle and RJ zones, showing potential for massive sulphide mineralization beyond the depth detectable by the 2021 VTEM airborne survey.
https://images.newsfilecorp.com/files/6502/153679_58ae80896427facf_003full.jpg

Figure 4. Long section looking south of the West Pickle Zone.
https://images.newsfilecorp.com/files/6502/153679_58ae80896427facf_004full.jpg

Table 1: Assay Results: Select Tyko 2022 Drill Results from the West Pickle Zone
https://www.acnnewswire.com/docs/Multimedia/Low_Table202302061.jpg

Table 2: Drill Hole Locations for assay results from this News Release
https://www.acnnewswire.com/docs/Multimedia/Low_Table202302062.jpg

QA/QC

The drilling program was carried out under the supervision of Neil Pettigrew, M.Sc., P. Geo., Vice President of Exploration, and a Director of the Company.

Drill core samples were split using a rock saw by Company staff, with half retained in the core box and stored onsite at the Tyko exploration camp core yard facility.

Samples were transported in secure bags directly from the logging facility at the onsite exploration camp, to the Activation Laboratories Ltd. ("Actlabs") in Thunder Bay, Ontario. Actlabs, which is ISO 17025 accredited with CAN-P-1579 (Mineral Lab). In addition to ISO 17025 accreditation, Actlabs is accredited/certified to ISO 9001:2015. All samples are crushed to 2 millimeters with a 250-gram split pulverized to 105 microns. Analysis for PGEs is performed using a 30 grams fire assay with an ICP-OES finish and for Ni, Cu, and Co using 0.25 grams by 4 acid digestion with ICP-OES finish. Ni, Cu and Co samples over 1.0 wt% were re-analysed by ore grade methods using 4 acid digestion with ICP-OES finish.

Certified standards, blanks and crushed duplicates are placed in the sample stream at a rate of one QA/QC sample per 10 core samples. Results are analyzed for acceptance within the defined limits of the standard used before being released to the public.

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. The West Pickle Zone occurs on the Pezim II claim block of the larger Tyko Project.

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

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

Palladium One Expands West Pickle High-Grade Nickel Zone to 600 Meters, Tyko Nickel – Copper Project, Canada

Highlights

  • West Pickle mineralized strike length increased to over 600 meters, remains open to the east and west.
  • New West Pickle Zone assay results include:
    • 3.9% Ni, 2.5% Cu, 0.05% Co, 0.55 g/t Total Precious Metals (“TPM”) (Pt+Pd+Au) over 2.0 meters of massive and semi-massive sulphides in hole TK-22-074
    • Including 8.1% Ni, 2.8% Cu, 0.11% Co, 1.05 g/t TPM over 0.9 meters
  • Property Wide Feeder Dyke / Chonolith geological model
    • Successful first test returns wide interval of anomalous nickel, supports exploration thesis that east-west trending interpreted feeder dykes are mineralized (Hole TK22-076, located 2 kilometers West of the West Pickle Zone)
    • RJ Zone, 2.7 kilometres east of West Pickle, previously retuned 85.4 meters of ultramafic hosted mineralization with Feeder Dyke / Chonolith breccia textures:
      • 0.5% Ni and 0.2% Cu over 85.4 meters in hole TK-16-002
      • Including 1.0% Ni and 0.2% Cu over 16.2 meters (see press release June 8, 2016)

Toronto, Ontario, Feb 6, 2023 – (ACN Newswire) – Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the “Company” or “Palladium One“) is pleased to report the expansion of and additional high-grade drillhole intercepts from the West Pickle Zone massive sulphide discovery on the Tyko Nickel – Copper Project, in Ontario, Canada.

President and CEO, Derrick Weyrauch commented, “This latest batch of drill results reinforces the high-grade nature of the West Pickle Zone. Visual results from hole TK22-117, the most easterly hole drilled to date on the West Pickle Zone, intersected massive nickel – copper sulphides (Figure 1 and 4) which has extended the zone to over 600 meters in length, and it remains open for further expansion both to the east and west.

“The anomalous nickel values over significant widths in hole TK22-076 is significant as they represent the first assays from the many interpreted Feeder Dyke / Chonolith structure on the 30,000-hectare Tyko Project. This mineralization style reinforces our interpretation that these structures potentially host additional nickel – copper discoveries.

“The 2023 exploration program is focused on ground truthing and drill testing these structures, with the intent of discovering additional wide zones of mineralization, such as the RJ Zone which retuned 85.4 meters of 0.5% Ni and 0.2% Cu (Hole TK16-002).

“The 2022 drill program consisted of 70 holes totaling 13,038 meters, of which 45 holes are pending assay results. The 2023 field season is currently underway, with a high-resolution magnetic survey having been completed. The survey was designed to refine the geometry of the interpreted feeder dykes / chonoliths across the Tyko project’s 30-kilometer strike length prior to additional drill testing.”

To date a total of 32 holes, totalling 6,766 meters have been drilled in the vicinity of the West Pickle Discovery. At present, West Pickle mineralization has been defined over more than 600 meters of strike length (Figure 3 and 4).

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6502/153679_Figure1Resized.jpg
Figure 1. Massive pentlandite-pyrrhotite-chalcopyrite sulphide intersection in hole TK22-117 from 107.2 to 107.8 meters within a 5.5-meter intersection of patchy, disseminated and stringer sulphide from 107.2 to 112.7 meters, assays are pending.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6502/153679_Figure1.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6502/153679_58ae80896427facf_002.jpg
Figure 2. Tyko Property map showing various mineralized zones and multi-line VTEM anomalies, background is Calculated Vertical Gradient Magnetics (“CVG”).

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6502/153679_58ae80896427facf_002full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6502/153679_58ae80896427facf_003.jpg
Figure 3. Plan and long section looking north perpendicular to the interpreted chonolith structure linking the West Pickle and RJ zones, showing potential for massive sulphide mineralization beyond the depth detectable by the 2021 VTEM airborne survey.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6502/153679_58ae80896427facf_003full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6502/153679_58ae80896427facf_004.jpg
Figure 4. Long section looking south of the West Pickle Zone.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6502/153679_58ae80896427facf_004full.jpg

Table 1: Assay Results: Select Tyko 2022 Drill Results from the West Pickle Zone

Hole From
(m)
To
(m)
Width
(m)
Ni
%
Cu
%
Co
%
TPM g/t
(Pd+Pt+Au)
Pd
g/t
Pt
g/t
Au
g/t
TK22-059 184.0 187.7 3.7 2.33 1.85 0.06 0.45 0.21 0.21 0.03
185.3 187.7 2.4 3.49 2.73 0.09 0.64 0.30 0.30 0.04
185.3 187.0 1.8 4.79 3.67 0.12 0.87 0.41 0.41 0.05
185.3 185.9 0.6 8.21 1.60 0.24 1.62 0.80 0.79 0.03
TK22-060 183.7 196.3 12.6 0.72 0.34 0.02 0.14 0.06 0.06 0.02
184.3 189.0 4.7 1.77 0.63 0.03 0.27 0.12 0.12 0.03
186.6 189.0 2.4 3.18 0.99 0.06 0.39 0.18 0.19 0.02
188.0 188.5 0.5 7.60 1.25 0.12 0.41 0.18 0.20 0.03
TK22-070 164.6 174.7 10.1 2.47 0.99 0.04 0.27 0.14 0.10 0.02
164.6 168.4 3.8 6.42 2.40 0.09 0.64 0.35 0.25 0.04
165.4 167.6 2.3 10.41 3.40 0.14 0.92 0.53 0.34 0.04
165.4 167.1 1.7 12.58 2.49 0.17 0.94 0.60 0.30 0.04
165.4 166.3 0.9 12.90 2.70 0.16 1.05 0.67 0.34 0.04
TK22-072 149.0 153.1 4.1 2.05 0.89 0.04 0.36 0.11 0.22 0.03
150.4 153.1 2.7 3.08 1.18 0.07 0.45 0.14 0.29 0.02
151.7 153.1 1.5 5.33 1.48 0.12 0.67 0.17 0.48 0.02
151.7 152.3 0.7 7.39 2.22 0.16 0.95 0.24 0.69 0.03
TK22-073 137.5 140.1 2.6 7.19 2.01 0.10 0.56 0.32 0.20 0.05
137.5 139.3 1.8 10.32 2.88 0.15 0.80 0.46 0.27 0.07
138.5 139.3 0.8 11.90 0.98 0.16 0.64 0.33 0.26 0.05
TK22-074 148.9 150.8 2.0 3.94 2.50 0.05 0.55 0.36 0.17 0.02
149.9 150.8 0.9 8.14 2.84 0.11 1.05 0.71 0.31 0.03
TK22-075 133.6 137.8 4.2 0.06 0.17 0.00 0.09 0.03 0.04 0.03
133.6 134.5 0.9 0.11 0.25 0.00 0.14 0.04 0.05 0.05
TK22-076 70.6 115.5 46.3 0.08 0.01 0.01 0.01 0.00 0.00 0.00
103.6 114.0 10.4 0.10 0.02 0.01 0.01 0.00 0.00 0.00
TK22-077 214.4 214.9 0.5 0.00 0.16 0.01 0.00 0.00 0.00 0.00

(1) Reported widths are “drilled widths” not true widths.
(2) Italicised grey shaded values up to hole TK22-073 are previously reported (see news release October 4, 2022, November 21, 2022 November 29, 2022, and January 12, 2023)

Table 2: Drill Hole Locations for assay results from this News Release

Hole Azimuth Dip Length NAD83 z16 East NAD83 z16 North Elevation
TK22-074 170 -56 180 601608 5421928 349
TK22-075 120 -45 204 601611 5421924 348
TK22-076 135 -45 210 599503 5421889 354
TK22-077 160 -60 300 601974 5421987 347

QA/QC
The drilling program was carried out under the supervision of Neil Pettigrew, M.Sc., P. Geo., Vice President of Exploration, and a Director of the Company.

Drill core samples were split using a rock saw by Company staff, with half retained in the core box and stored onsite at the Tyko exploration camp core yard facility.

Samples were transported in secure bags directly from the logging facility at the onsite exploration camp, to the Activation Laboratories Ltd. (“Actlabs”) in Thunder Bay, Ontario. Actlabs, which is ISO 17025 accredited with CAN-P-1579 (Mineral Lab). In addition to ISO 17025 accreditation, Actlabs is accredited/certified to ISO 9001:2015. All samples are crushed to 2 millimeters with a 250-gram split pulverized to 105 microns. Analysis for PGEs is performed using a 30 grams fire assay with an ICP-OES finish and for Ni, Cu, and Co using 0.25 grams by 4 acid digestion with ICP-OES finish. Ni, Cu and Co samples over 1.0 wt% were re-analysed by ore grade methods using 4 acid digestion with ICP-OES finish.

Certified standards, blanks and crushed duplicates are placed in the sample stream at a rate of one QA/QC sample per 10 core samples. Results are analyzed for acceptance within the defined limits of the standard used before being released to the public.

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. The West Pickle Zone occurs on the Pezim II claim block of the larger Tyko Project.

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



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

HKTDC: Hong Kong ready for business; Delegation arrives in Riyadh

Riyadh, Saudi Arabia, Feb 6, 2023 – (ACN Newswire) – A delegation of business leaders from the Hong Kong Special Administrative Region (HKSAR), led by the city's Chief Executive Mr John Lee and principal government officials, has arrived in Riyadh to explore collaboration opportunities with the business community of Saudi Arabia.


Dr Sunny Chai, Chairman, Federation of Hong Kong Industries and Chairman, Hong Kong Science & Technology Parks Corporation; Mrs Betty Yuen, Chairman, HKGCC; Mr Darryl Chan, Deputy Chief Executive, Hong Kong Monetary Authority; Dr Peter K N Lam, Chairman, HKTDC; Mr John Lee, HKSAR Chief Executive; Mr Horace Cheung, Deputy Secretary of Justice; Mr Christopher Hui, Secretary for Financial Services and Treasury; Mr Algernon Yau, Secretary for Commerce and Economic Development [L-R]

Several Memoranda of Understanding (MoU) were signed at the Investment Forum yesterday. These include Hong Kong Exchanges and Clearing Limited (HKEX) and Saudi Tadawul Group Holding Company.

The delegation paid a visit to THE LINE Experience exhibition to learn about the innovative urban designs of the futuristic city NEOM.


Over the past two days, the delegation discussed with Saudi government and industry leaders how Hong Kong can facilitate the Kingdom's strategic development via its role as a global financial hub and China's international gateway.

Riyadh is the first of three stops on this week-long mission to the Middle East, organised by the Hong Kong Trade Development Council.

The 30-strong delegation includes senior executives from Hong Kong's financial institutions and regulator as well as major players in innovation and technology (I&T), sustainability and smart city solutions.

At a press conference followed by an investment forum and dinner officiated by the Saudi Minister of Investment H.E. Khalid Al-Falih and attended by some 300 Saudi Arabian guests yesterday, Chief Executive Mr John Lee, said, "Saudi Arabia is a strong economy of the Gulf region and a growing source of foreign direct investment. Driven by Vision 2030, the dynamic blueprint for the future, Saudi Arabia is destined to take its place as an economic powerhouse built on diversity, sustainability, and innovation and technology. Hong Kong has long been the Asia-Pacific region's multi-level bridge for foreign and Mainland Chinese businesses and investors. As our integration with the Mainland continues to deepen, so, too, do the opportunities for Hong Kong – and the economies and companies that work with Hong Kong."

Mr Lee was joined by three officials: Deputy Secretary of Justice Mr Horace Cheung, Secretary for Financial Services and Treasury Mr Christopher Hui and Secretary for Commerce and Economic Development Mr Algernon Yau.

At the investment forum, H.E. Khalid A Alfalih said: "This visit comes on the heels of numerous historic visits between our two countries starting with the visit of President Xi in 2016 following which the ties between the two countries deepened. Through this collaboration we aim at further developing various sectors whether it be asset management, private equity, wealth management – or in fintech, which saw an exponential growth of 79 per cent between 2021 and 2022."

He added:" Saudi Arabia has the largest regulated capital markets in the region, with the largest stock exchange in the MENA region. Due to evolving trends we are also making efforts to strengthen global supply chains and have launched a dedicated global supply chain resilience initiative. This will be a great opportunity for China and Hong Kong-based companies to use the KSA as a platform for adding value to products customised for the Middle East region and beyond."

HKTD Chairman Dr Peter K N Lam said, "Saudi Arabia has an important role to play in the global economy, similar to China. And as a global financial hub, China's international gateway and a commercial hub for the Belt and Road Initiative, Hong Kong can facilitate opportunities to help drive development initiatives around the world. We are pleased to organise a delegation of Hong Kong business leaders to come and discuss collaboration opportunities – not only in our traditional sectors of finance and trade, but also in new areas in tech and innovation, smart city and sustainability solutions. Creating opportunities has been the work of the Hong Kong Trade Development Council for over 55 years, and I am hopeful that we can continue to help Hong Kong businesses play a part in the exciting growth of Saudi Arabia and the regional overall."

Other business leaders from Hong Kong and Saudi Arabia also exchanged views at the investment forum yesterday.

Additionally, at the press conference, Mr Darryl Chan, Chief Executive of the Hong Kong Monetary Authority, the city's financial regulator, as well as Dr Sunny Chai, Chairman of the Hong Kong Science and Technology Parks Corporation and Federation of Hong Kong Industries, and Mrs Betty Yuen, Chairman of the Hong Kong General Chamber of Commerce, represented various sectors in Hong Kong, including finance, technology and smart city and sustainability development as well as business and professional services.

The delegation has met with key enterprises in Riyadh to exchange ideas and learn more about Saudi Arabia's Vision 2030. They visited major institutions, such as the Saudi Stock Exchange and the NEOM exhibition.

As a two-way platform between China and the world and as one of the world's top financial centres, Hong Kong has been supporting businesses and investors worldwide to tap into the vast China and Asia market and has been playing a major role in the global financial system with its unique connectivity to China's market.

As part of China, but operating under an international system, Hong Kong provides special access to and from the mainland in the flow of capital, goods, technology and people, as defined in the country's national 14th Five-Year plan.

Hong Kong is also a commercial hub for the Belt and Road Initiative, a global development plan initiated by China, and part of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) – an area in Southern China earmarked by the Chinese government to become a powerhouse of capital, I&T and cultural exchange driving the country's development.

With its common law system, low tax regime, advanced infrastructure and connectivity and as a its world-renowned global trade and business hub, Hong Kong is well-placed to support businesses from all over the world to invest and grow.

Recently, the HKSAR Chief Executive announced in his Policy Address 2022 a wide array of incentives and measures to attract international strategic enterprises and investments to Hong Kong, particularly in areas such as life sciences, health technology, artificial intelligence and data science, financial technology, advanced manufacturing and new energy technology.

Several Memoranda of Understanding (MoU) were signed at the Investment Forum yesterday. These include:
– Hong Kong Exchanges and Clearing Limited (HKEX) and Saudi Tadawul Group Holding Company
– SenseTime and King Abdullah Financial District (KAFD) (Letter of Intent)
– Hong Kong General Chamber of Commerce (HKGCC) and Riyadh Chamber
– Templewater Ltd, Bravo Transport Services Ltd and Wisdom Motors (Hong Kong) Ltd and Nesma Holding Ltd
– SenseTime and Sela Company (Letter of Intent)
– Hutchison and King Salman Energy Park (SPARK)

This evening, the delegation will travel to Abu Dhabi and then onwards to Dubai, to meet with senior government and business leaders of the United Arab Emirates.

Find out more about Hong Kong:
– Hong Kong: general facts https://tinyurl.com/Asias-world-city
– Hong Kong as a global financial centre https://tinyurl.com/Financial-Centre
– Hong Kong's tech and innovation https://tinyurl.com/Tech-Innovation
– Hong Kong as the commercial hub for the Belt and Road Initiative https://tinyurl.com/Belt-and-Road
– Hong Kong as part of the Guangdong-Hong Kong-Macao Greater Bay Area https://tinyurl.com/Greater-Bay-Area
– Photo Download: https://bit.ly/3JIN4vX

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Media enquiries
Orient Planet Group:
Hassane Ghanem, Tel: +966 598606946, Email: hassane.ghanem@orientplanet.com

HKTDC:
Niveen Faris, Tel: +966 11 4169713, Email: niveen.faris@hktdc.org
Sunny Ng, Tel: +852 2584 4357, Email: sunny.sl.ng@hktdc.org
Sam Ho, Tel: +852 2584 4569, Email: sam.sy.ho@hktdc.org

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

Hylobiz Launches its Business in Indonesia in Partnership with Accurate and Brankas, Empowers M/SMEs with Improved Cashflow and Steady Growth

JAKARTA, Feb 3, 2023 – (ACN Newswire) – The partnership of Hylobiz, a Vayana group company, with Accurate and Brankas would facilitate businesses in Indonesia with connected business software, especially accounting & POS (point of sales) and connected banking services supporting them with faster collections and strong cashflow for steady business growth.

With this, M/SMEs in the Southeast Asia market will see a positive transition. Businesses will be able to digitize invoices and collections overcoming the crippling issues related to cashflow and business growth.

With Accurate, Hylobiz shares a joint vision to enable Accurate's SME customers to achieve Cashflow and Compliance automation and thereby offer Credit (Embedded Trade Finance) through partner FIs, with Accurate ERP continuing as the customers' primary application interface.

"We (Accurate) are very happy to be partnering with Hylobiz. As we enter the modern era, we believe that everything must be efficient, everything needs to be fast. Hopefully accurate as business software especially Accounting Software & POS can be a solution for SMEs customers with a takeline #Bisnisjadimudah on developing their own business," said Yosep Stephen as CEO Accurate.

With Brankas, Hylobiz shares a joint vision to enable business growth for Indonesia's SMEs with cashflow automation by leveraging Open Banking technology.

"Embedded finance is set to have a massive impact on business innovation in the coming years, and we believe the use cases today are only just the beginning. We are excited to see the increasing usage of Brankas APIs by organizations across a variety of industries in Indonesia, and share Hylobiz' vision to drive faster collections for its customers," said Husni Fuad, Country Manager Indonesia, Brankas

Digitization of receivables, collections with payment links, automated payment reminders, automated reconciliations in real-time, and smart tracking of payments are some of the top and most needed features available with connected ERP and connected Banking capability established through the synergy of the trio.

Vishal Gupta, CEO, of Hylobiz, said, "Hylobiz has been addressing the cash collections, payouts, and real-time reconciliation for the businesses across India, UAE and the USA helping 250K businesses for growth on their cashflows. With Accurate and Brankas we aim to serve b2b SMEs in Indonesia better through ZERO process change, for faster invoice collections and embedded finance for their business growth."

About Brankas

Brankas is a leading global open finance technology provider. We provide API-based solutions, data and payments solutions for financial service providers (like banks, lenders and e-wallets) and online businesses. Brankas partners with banks to build and manage their open finance infrastructure, producing APIs for real-time payments, identity and data, new account opening, remittances, and more. With Brankas' secure open banking technology, online businesses, fintech companies and digital banks can use Brankas APIs to create new digital experiences for their users. Headquartered in Singapore.

Visit website: https://www.brankas.com/

About Accurate

Accurate is a business software to help people manage, monitor, and present their business financial reports easily.

Proven by 21 years of consistency and won top brand awards consecutively for 7 years, with outstanding features that will simplify business operational processes such as preparation management processes, recording and presenting more than 200 types of financial reports automatically, tax management and reporting, integration into various applications and other business support software and many more.

Accurate has served hundreds of thousands of businesses in various industries in Indonesia as their trusted Accounting Software and POS, with easily administer, manage, and as an easy financial system known for its features completeness and operational flexibility. This has led to Accurate Is widespread acceptance by trading companies, distribution companies, contractors, and manufacturing companies. Headquartered in Tangerang Selatan, Banten .

Visit website: https://accurate.id/

About Hylobiz, a Vayana group company

Hylobiz is a Fintech serving to simplify the processes in the B2B ecosystem and is currently operational in India, UAE, and the US and is now launching in Indonesia. With its Connected ERP and Connected Banking capabilities, the unified solution simplifies invoice collections and cashflow in the B2B space and simplifies working capital access. Headquartered in Pune, Maharashtra in India.

Visit Websites: https://hylobiz.id/, https://hylo.biz/

Media contacts:

Hylobiz, Perusahaan Vayana Group
Amit Parmar – (WhatsApp) +91 83901 08989
Arkin Dumais – (WhatsApp) + 62 85882567970
Email: amit@vayana.com, arkin@hylobiz.com

Brankas
Bala Subramanian – +65 8157 3627(Whatsapp)
Email: bala.subramanian@brankas.com

Accurate
Cinthya W Putri – +62 81381706036
Evan Mangundap – +62 82112433117
Email: cinthya.widayanti@accurate.id, evan@accurate.id

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

FTX Trading Bankruptcy: Protecting Your Company’s Interests

NEW YORK, NY, Feb 2, 2023 – (ACN Newswire) – Zuber Lawler is representing entities who received investments from Alameda Research and FTX Ventures. Alameda Research and several other FTX-related entities have filed bankruptcy proceedings in Delaware. These multiple filings are all being administered under one matter, In re FTX Trading, USBC Case No. 22-11068.



Most first and second day motions have been heard and either have been granted or are currently pending. Things are moving forward.

On January 18, 2023, FTX debtors moved for an order authorizing and approving procedures for a sale or transfer of what they have termed as "de minimis assets."

FTX debtors define "de minimis assets" as investments and/or interests held by FTX debtors, including Alameda Research, in privately held companies, which (according to FTX debtors) can be easily separated from the debtors' core operations, will not disrupt the core operations, and will generate less value to the estate than other assets. FTX debtors state that the de minimis category includes approximately 185 investments made for $1 million and below, approximately 75 investments made between $1 million and $5 million each and approximately 40 investments made between $5 million and $25 million each.

Notably, FTX debtors state that they are in the process of a "strategic review" of the de minimis assets, including the potential for repurchasing of debtor interests by investees or other investors in these investments.

Although they have not identified these assets specifically, FTX debtors wish to have the court approve an established and expedited procedure for the sale/transfer of these types or category of assets, without the need of moving the court or getting court approval for each sale, but with the oversight of the Official Committee. Put in other words, they wish to get authorization to proceed with these individual sales "off line," and without the need of going through the motion procedure for each specific asset or asset group.

If Alameda Research or any other FTX entity invested in your company, that investment will likely be categorized as a "de minimis asset," subject to this motion, and will now be up for sale through the bankruptcy process. Through that process, you may be asked (compelled) to make public otherwise confidential information in order to facilitate the public auction or sale of those securities or assets. You may also be at risk of a competitor (or other unsuitable purchaser) buying an interest in your company, and in doing so, potentially obtaining other information and management rights. Even without such a sale of assets, you may now have questions around who you may need to provide information and notices to on an on-going basis, as well has who you may need to obtain consent from in order to take actions subject to restrictive covenants in your investment documents. The situation is even more complicated for issuers of SAFTs or other digital assets that may be subject to inconsistent regulation as a security (or not) across various jurisdictions (since the location of the purchaser may impact whether the SAFT/token issuer is subject to US securities law).

Zuber Lawler is in a unique position to provide the described representation. We have represented a large number of clients with operations across the entire scope of distributed ledger technology. Our clients include token issuers (fungible and non-fungible), digital asset platforms and providers of related services, as well as traditional companies (and government entities) who look to understand and enter the digital asset space. A large number of our clients are not domiciled in the United States and we are extremely familiar with the concerns these clients face. In fact several of our existing clients will be part of the ad hoc group. While we cannot make any promise of any particular result, we expect that we will be better positioned to provide the representation described above than any other firm in the United States.

If your company sold investment assets to Alameda Research or FTX Ventures, please reach out to Josh Lawler at Jlawler@zuberlawler.com to set a time for a short video conference to discuss specifics relating to your situation at no charge.

*Attorney Advertisement – Prior Results Do Not Guarantee a Similar Outcome.

For more information, visit https://ZuberLawler.com.

Source: Plato Data Intelligence: https://PlatoAistream.com

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

Drilling at Congress Gold Mine Project Returns as high as 14.9 g/t Gold over 1.5m

Vancouver, BC, Feb 1, 2023 – (ACN Newswire) – Casa Minerals Inc. (TSX: CASA) (OTC Pink: CASXF) (FSE: 0CM) (the "Company" or "Casa") is pleased to announce the assay results of the initial exploration at its Congress Gold Mine Project in Yavapai county, Arizona, USA. Casa's work included compilation of historic data and drilling of ten holes with total length 6,828ft HQ Diameter. Results of the field program exceeded expectations, with all the drill holes intersecting the Niagara and Congress Veins extensions on the property and yielded several noteworthy gold intercepts and long intervals of strong gold enrichment.


Figure 1: Congress Gold Mine Project compilation map

Figure 2: Congress Gold Mine Project – Section 2 – 2'

Figure 3: Congress Gold Mine Project – Section 5 – 5'


The highest gold intercepted in phase one, 2022 drilling campaign:
– CCG-004 14.9 g/t over 1.5 meters, as part of a larger intercept of 3.5 g/t over 10.7 meters
– CCG-004 9.3 g/t over 3 meters.

Three distinct areas of gold potential have been identified, two of which were revealed by previous drilling and one is newly discovered, and named for convenience, Congress z1, z2 and z3, respectively. These results demonstrate significant exploration potential of the property.

The following map illustrates the identified and confirmed Congress z1, z2 and z3:

Figure 1: Congress Gold Mine Project compilation map
https://images.newsfilecorp.com/files/1750/153170_8eed1009d4d8f8cb_001full.jpg

Casa's diamond drilling program tested possible extensions of the formerly-productive Congress and Niagara vein structures and nearby areas. Cores were examined, recorded and sampled with the supervision of personnel from MineMappers, LLC, of Marana, Arizona and Mark Osterberg, ((PhD., P.G., Wisconsin), R.G. (Arizona), RMSME, a qualified registered consulting geologist in the state of Arizona.

Prior to sampling, cores were recorded, photographed and logged for rock types and structures, then halved by sawing: one half was submitted to an independent, ISO 9000 registered commercial analytical laboratory, with initial processing at the lab's Tucson, Arizona, facility and final analysis in Vancouver, Canada. The remaining half-core was retained in a secure storage facility on the property where it is available for further examination. Core handling procedures followed industry-standard QA/QC methods to ensure integrity of analytical data.

Selected gold intercepts are depicted in Table 1:
https://www.acnnewswire.com/docs/Multimedia/Low_Table202302011.jpg

Casa's extensive database of Congress property information is from several sources, including public archives, records of previous operations and Dubois family records. Table 2 is a compilation of some of the significant gold intersections from those records. Data in this news release from earlier sources has not been reviewed or verified by a Qualified Person and should not be relied upon in any evaluation of the Congress Mine.

Selected historic gold intercepts are tabulated in Table 2:
https://www.acnnewswire.com/docs/Multimedia/Low_Table202302012.jpg

Casa's drilling (Figure 1) was directed to southeast parts of the Congress Mine where historic work indicated possible extensions of mined areas and to other areas of potential gold mineralization. Vertical sections Figures 2, and 3 illustrate the location of previous drill holes, mine workings and Casa drill holes.

Figure 2: Congress Gold Mine Project – Section 2 – 2'
https://images.newsfilecorp.com/files/1750/153170_8eed1009d4d8f8cb_002full.jpg

Figure 3: Congress Gold Mine Project – Section 5 – 5'
https://images.newsfilecorp.com/files/1750/153170_8eed1009d4d8f8cb_003full.jpg

(A complete historic mine plan and sections are posted on the company's website at https://www.casaminerals.com/elementor-784/historical-drillings-and-layouts )

The Congress gold mine operated at intervals from 1887 to 1992, with reported production of about 400,000 to 500,000 ounces gold by previous operators included Echo Bay Mines Ltd. and Malartic Hygrade. Casa Minerals Inc. owns ninety percent (90%) interest in the Congress gold mine from 40 feet depth and beyond, subject to a 1.5% Net Smelter Royalty (Arizona, USA). The property comprises 14 patented mining claims with area 260 acres and undivided one hundred percent of the 494.8 acres that Casa acquired by staking. In a small part of the property, Surface rights to depth 40 feet (9 m) in part of the property are held by a third party. Gold mineralization occurs with vein quartz and in areas of strong siliceous alteration in granite.

Qualified Person:

Mr. Erik Ostensoe P.Geo., a director and chief geologist of the Company, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical disclosure in this news release.

About Casa Minerals Inc.

The Company is engaged in the acquisition, exploration and development of mineral properties located in Canada and the USA. Casa owns ninety percent (90%) interest in the Congress gold mine (Arizona, USA). This historic high-grade gold producing mine has not been explored nor been in production since 1992. Additionally, the Company owns a one hundred percent (100%) interest in the polymetallic Pitman and Keaper properties (BC, Canada) and has an option to acquire a seventy-five percent (75%) interest in the Arsenault VMS Property (BC, Canada).

On Behalf of Board of Directors
Farshad Shirvani, M.Sc. Geology
President and CEO

For more information, please contact:
Casa Minerals Inc.
Farshad Shirvani, President & CEO
Phone: (604) 678-9587
Email: contact@casaminerals.com
https://www.casaminerals.com

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

GenTwo Continues Growth Story, New Inflows of Over US$1 Billion

ZURICH, SWITZERLAND, Feb 1, 2023 – (ACN Newswire) – The international securitization specialist GenTwo celebrates its 5th anniversary and looks back on a fast-paced development. In 2022 the number of new products increased by 60% and international business doubled.



The business momentum of GenTwo and its subsidiary GenTwo Digital has progressively picked up since the company was founded 5 years ago in February 2018. The products issued on its platform recorded over USD 1 billion in new inflows, resulting in a surge in assets under services growth to USD 2.5 billion as of today, despite the challenging market environment in 2022.

The number of new products increased by 60% to a total of 900. This impressive growth underpins the ongoing high level of interest in alternative and digital investments among institutional clients around the world and Gen Two's expertise to provide flexible portfolio structuring for investors.

"We were able to broaden our customer base once again in 2022 nationally and are currently servicing clients in over 25 countries. The number of clients grew by almost 50%, even 100% on an international level," says Philippe A. Naegeli,Co-Founder, and CEO.

This success is also based on a solidly developed and diverse workforce with an above-the-industry F/M gender ratio of 35:65, with 21 nationalities, totaling up to 70 employees.

Patrick Loepfe, Founder and Chairman of the Board says, "A 2022 highlight was the extension of the offering for financial intermediaries to retail investors. This move will transform the market for alternative and digital investment products and marks another pioneering achievement for GenTwo."

The main focus of 2023 remains on the continuous improvement and build-out of the service platform and its further digitization and client-centric automation. Additionally, the company pursues its international growth strategy by further internationalizing its customer base, onboarding more financial institutions onto its platform, and growing its ecosystem for investors and innovators.

About GenTwo and GenTwo Digital

Zurich-based innovative securitization specialist GenTwo has invented a new generation of financial products. The company creates securitization platforms for asset managers, banks, family offices and venture capital investors, enabling professional investors to easily invest in bankable and previously non-bankable assets. The focus on off-balance sheet investment products solves the problem of declining margins and growth barriers for many financial market participants. New performance potential emerges through granting access to a theoretically unlimited world of asset classes. Institutional investors can use GenTwo's securitization solution to realize their own product and business innovations, to make any type of assets investable and to help shape new, sustainable markets. Private investors in Switzerland can now also benefit from these innovative products via their financial intermediaries, thereby giving GenTwo the opportunity to open and expand its customer base to retail investors.

About GenTwo Digital

GenTwo Digital is based in Crypto Valley in Zug, Switzerland. The subsidiary of GenTwo enables professional investors around the world, and now also private investors in Switzerland, to securitize all digital assets, including crypto assets, in securities on the traditional financial market via their financial intermediaries.

Web: GenTwo.com

Contact GenTwo
Simone C. Drill
Chief Marketing & Communication Officer
media@gentwo.com
+41 79 207 33 49

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