Registration is open for Project Finance & Project Financial Modelling Online Masterclass ACN Newswire

Registration is open for Project Finance & Project Financial Modelling Online Masterclass

Singapore, Feb 15, 2023 - (ACN Newswire via SEAPRWire.com) - Infocus International Group, a global business intelligence provider of strategic information and professional services, has launched the Project Finance & Project Financial Modelling online masterclass and it will be commencing live on 9th May 2023. Today's project finance (PF) transactions require a higher level of expertise not only in programming more sophisticated and flexible financial models, but also in incorporating the latest risk mitigation and credit enhancement instruments. While higher standards of Environmental, Social, and Governance (ESG) impact management are being demanded of all major capital projects worldwide, more options and models for ESG mitigation, insurance, guarantee products, and financing instruments are now available. This online course covers both the latest PF strategies, risk mitigation instruments, as well as financial modelling best practices. The objective of this course is to provide participants with an enhanced understanding of the practical & documentation requirements of all interested parties to today's PF transaction. This programme provides participants with proven PF analytical strategies and transaction structuring techniques which will enable participants to quantitatively assess risks, resolve constraints, and reach project financial closure. This programme is also designed to enhance the check lists and benchmark metrics by which participants can reduce losses and which will be viewed favourably by both management and the regulatory community.A past participant from Asian Development Bank shared that, "The course had a good balance of both the quantitative and qualitative factors to be considered in project finance modelling. The instructor is experienced yet approachable.""It is a very good program for both beginners in Project Finance and as a refresher for practitioners alike," said a past participant from PE Power.Benefits of Attending- Limited-recourse project financing models & transaction management- Project finance documentation management, risk analysis models & Environmental, Social & Governance (ESG) mitigation options- Sources of PPP financing: financial products, guarantee instruments, credit enhancements & bankability techniques- Designing financial models part 1: Financial model design requirements & work plan management- Designing financial models part 2 & 3: Programming financial statements and interpreting international accounting standards- Designing financial models part 4: Project finance model stress-testing simulation analyses, and modelling for credit enhancements- Summary group exercise: Evaluating a financial model for PF risk allocation, transaction closure and post-transaction economic regulation & tariff adjustmentWant to learn more?Simply email esther@infocusevent.com or call +65 6325 0210 to obtain your FREE COPY of the event brochure. For more information, please visit www.infocusinternational.com/projectfinance-online.About Infocus International GroupInfocus International is a global business intelligence provider of strategic information and professional services for diverse business communities. We recognise clients' needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights. For more information: www.infocusinternational.com Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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SCIB Terminates Indonesian Project ACN Newswire

SCIB Terminates Indonesian Project

KUCHING, MALAYSIA, Feb 14, 2023 - (ACN Newswire via SEAPRWire.com) - Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that the Company's wholly-owned subsidiary, SCIB International (Labuan) Ltd. (SCIBILL), has issued a notice of termination to PT Cipta Multi Sarana (PTCMS) for the proposed engineering, procurement, construction and commissioning (EPCC) project involving earthworks for the Prabumulih-Muara Enim tolled road located in Sumatera, Indonesia valued at RM55.59 million.Group MD and CEO of SCIB, Encik Rosland bin OthmanSCIBILL, which accepted a letter of award for the EPCC project on 18 August 2020 from PTCMS, has decided to take the necessary measures to protect its interests following the lack of progress in the project arising from uncertainties related to the COVID-19 pandemic and in view of the initiatives being taken to review and update SCIB's order book records.SCIBILL and PTCMS have mutually agreed to terminate the contract and unconditionally release and indefinitely discharge both parties from all claims, liens and obligations of every nature arising out of or in connection with the performance of the works and all amendments thereto, provided that the parties' obligations under a settlement agreement are fulfilled.Group Managing Director of SCIB, Encik Rosland bin Othman said, "The termination is in the best interests of the Company as there has been no progress on the project. On the part of PTCMS, it has acknowledged that there are no penalties or liquidated ascertained damages on SCIBILL."Sarawak Consolidated Industries Bhd: 9237 [BURSA: SCIB], http://scib.com.my Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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Infocus International Brings Back Renewable Energy Project Finance & Financial Modelling Masterclass ACN Newswire

Infocus International Brings Back Renewable Energy Project Finance & Financial Modelling Masterclass

Singapore, Feb 10, 2023 - (ACN Newswire via SEAPRWire.com) - Infocus International Group is bringing back the Renewable Energy Project Finance & Financial Modelling online masterclass and it will be commencing live on the 7th March 2023. The objective of this course is to provide participants with an enhanced understanding of the financial modelling and key documentation requirements of all interested parties to today's RE PF transactions. This programme provides you with proven PF modelling techniques and transaction management techniques which will enable you to quantitatively assess risks, resolve constraints, and reach project financial closure. The practical models for wind, solar, hydro, biomass, and geothermal PF models will be demonstrated through a series of real case examples of projects and transactions from Southeast Asia, South Asia, the Middle East, Europe, and North America.A past participant from Ib Vogt shared that, "The trainer has in-depth knowledge in the subject. This discussion is very good especially most participants are seasoned players with the industry."Another past participant from Electricity Generating Authority of Thailand mentioned that, "This course is not only recommended to the ones with experience in this field, but also for people with no or less experience. Everyone will definitely gain knowledge and be able to apply it during the course."Benefits of Attending:- Identify key requirements of limited-recourse Project Finance for Renewable Energy transactions, Power Purchase Agreements (PPAs) & PF documentation management- Review solar, wind, hydro, biomass & geothermal PF financial model design requirements, presentation & formatting standards- Program financial statements, cash flows, profit & loss statements and managing international accounting standards for RE PF transactions- Project RE PF balance sheets, SPV reserve accounts, PF refinancing, and conducting sensitivity analyses- Oversee the design and review of RE PF financial models based upon your own company's risk profile and corporate goals- Apply clear investment incentives and renewable energy credit (REC), feed-in-tariffs (FIT), and credit enhancements for bankable private investments in RE generation- Manage and oversee successful renewable power project finance transactionsJoin us now to know more about the techniques & models for bankable green energy transactions of solar, wind, hydro, biomass & geothermal power investments in today's competitive energy markets. Want to learn more?Simply email to esther@infocusevent.com or call +65 6325 0210 to obtain your FREE COPY of event brochure. For more information, please visit www.infocusinternational.com/renewable-project-finance About Infocus International GroupInfocus International is a global business intelligence provider of strategic information and professional services for diverse business communities. We recognises clients' needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights. For more information: www.infocusinternational.com Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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Drilling at Congress Gold Mine Project Returns as high as 14.9 g/t Gold over 1.5m ACN Newswire

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 via SEAPRWire.com) - 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 mapFigure 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 maphttps://images.newsfilecorp.com/files/1750/153170_8eed1009d4d8f8cb_001full.jpgCasa'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.jpgCasa'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.jpgCasa'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.jpgFigure 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 DirectorsFarshad Shirvani, M.Sc. GeologyPresident and CEOFor more information, please contact:Casa Minerals Inc.Farshad Shirvani, President & CEOPhone: (604) 678-9587Email: contact@casaminerals.comhttps://www.casaminerals.com Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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SCIB Enforces Rights to Withdraw from Project ACN Newswire

SCIB Enforces Rights to Withdraw from Project

KUCHING, MALAYSIA, Jan 27, 2023 - (ACN Newswire via SEAPRWire.com) - Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that the Company has issued a letter of withdrawal to Kencana Healthcare Sdn. Bhd. (KHSB) for the proposed engineering, procurement, construction and commissioning (EPCC) contracts involving a specialist hospital project located in Johor Bahru.Group MD and CEO of SCIB, Encik Rosland bin OthmanSCIB had accepted a letter of award from KHSB dated 13 August 2021 for EPCC contracts involving the capital equipment procurement as well as the leasing concession for the procurement, supply, installation, testing and commissioning of medical equipment. SCIB and KHSB have mutually agreed to the Company withdrawing from the project.As part of the withdrawal from the project, KHSB will reimburse under a settlement agreement, the commitment fee amounting to RM1.65 million that SCIB had paid out in two tranches. The withdrawal from the contracts will not have any material effect on the gearing, earnings per share and net assets of the Company for the financial year ending 30 June 2023.Group Managing Director of SCIB, Encik Rosland bin Othman said, "The Company is enforcing its rights under the contracts and taking the necessary measures to protect SCIB's interests in mitigating the risks arising from the long delay or non-movement of project progress due to the uncertainties and inability to secure the necessary operator for the project. Additionally, this decision was made due to reviewing and updating our order book records to reflect the current situation."Sarawak Consolidated Industries Bhd: 9237 [BURSA: SCIB], http://scib.com.my Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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Lion One Secures US$37 Million Financing Facility from Nebari ACN Newswire

Lion One Secures US$37 Million Financing Facility from Nebari

North Vancouver, BC, Jan 20, 2023 - (ACN Newswire via SEAPRWire.com) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to announce that it has entered into a facility agreement with Nebari Gold Fund 1, LP, Nebari Natural Resources Credit Fund I, LP and Nebari Natural Resources Credit Fund II, LP (each as Lender and collectively, "Nebari"), with Nebari Collateral Agent, LLC as collateral agent and certain Lion One subsidiaries as guarantors, for a Financing Facility of up to US$37M (the "Financing Facility"). Proceeds from the Financing Facility will accelerate project construction and development at the Company's 100% owned and fully permitted high-grade Tuvatu Alkaline Gold Project in Fiji. Lion One expects first production to be achieved by December 2023.Financing Facility (All figures in USD): The Financing Facility consists of a US$35 million senior secured first lien term loan (the "Loan Facility") and a US$2 million (CAD$2.7 million) equity investment ("the Equity Investment") in common shares of Lion One.Loan Facility: The total amount of the Loan Facility will be funded in up to three tranches, with US$23M to be funded at Closing (Tranche 1), and an additional US$12M available at Lion One's option in up to two further tranches (Tranches 2 and 3) within 18 months of closing. Interest on Tranche 1 is 8% (plus three-month SOFR), and amortization is on the Maturity Date 42 months from the Closing Date, with no closing fees payable. Tranches 2 and 3 funding is subsequent to an 8% original issue discount and interest is 10% plus SOFR, with progressive amortization over 42 months from the Tranche 2 funding date, with closing fees equal to 2% of the amounts funded.Warrants: On the Closing Date, the Lender will be issued 15,333,087 non-transferable purchase warrants in the Company (the "Warrants"), with each Warrant exercisable into common shares of Lion One at a price of CAD$1.49 for a period of 48 months from issuance. The warrants will be subject to an accelerator provision whereby the Borrower may accelerate the expiry date of up to 25% of the initial warrants in the event that the volume weighted average trading price of the common shares of the Company exceeds 100% over the strike price for a period of twenty consecutive days. Lion One has the option to accelerate the expiry of further 25% portions of the warrants at four-month intervals, up to a maximum of 75% of the warrants issued.Royalty Payment: Following the first month in which the Tuvatu Project produces at least 2,000 ounces of gold, the Company shall pay to the Lender a royalty equal to 0.5% of the Net Smelter Returns on the first 400,000 ounces (equivalent to 2,000 ounces) of gold produced and sold from the Tuvatu Project.Equity Investment: Concurrently with the Loan Facility, Nebari has entered into a subscription agreement to purchase 3,125,348 common shares of Lion One at a price of CAD$0.86 per share, representing an aggregate equity investment of US$2M (CAD$2.7M).The Company's right to drawdown Tranche 1 of the Loan Facility is subject to satisfaction of customary conditions precedent, including approval of the TSX Venture Exchange ("TSX-V"), though these conditions precedent are expected to be satisfied in short order. Issuance of the Warrants and completion of the placement is also subject to TSX-V approval.Lion One Chairman and CEO Walter Berukoff commented, "We are extremely pleased to have secured Nebari as a financial partner and major shareholder in the development and future success of Tuvatu. They are a vastly experienced group, are aligned with our key values and stakeholders, and have delivered a creative solution to bring the Tuvatu project to completion and enhance shareholder value tremendously."Andre Krol, Managing Partner with Nebari, commented: "We are extremely excited to partner with Lion One as a shareholder and lender as they complete construction of the Tuvatu Gold Project. The experience, professionalism and community engagement of their Fijian team was impressive and we look forward to first gold production later this year and further exploration success."About TuvatuThe Tuvatu Alkaline Gold Project is located on the island of Viti Levu in Fiji. The January 2018 mineral resource for Tuvatu as disclosed in the technical report "Technical Report and Preliminary Economic Assessment for the Tuvatu Gold Project, Republic of Fiji", dated September 25, 2020, and prepared by Mining Associates Pty Ltd of Brisbane Qld, comprises 1,007,000 tonnes indicated at 8.50 g/t Au (274,600 oz. Au) and 1,325,000 tonnes inferred at 9.0 g/t Au (384,000 oz. Au) at a cut-off grade of 3.0 g/t Au. The technical report is available on the Lion One website at www.liononemetals.com and on the SEDAR website at www.sedar.com.About NebariNebari is a US-based investment manager specializing in privately offered pooled investment vehicles including Nebari Gold Fund 1, LP, Nebari Natural Resources Credit Fund I, LP and Nebari Natural Resources Credit Fund II, LP which are funding the Financing Facility to Lion One. The Nebari leadership team has deep experience with leading global mining companies and financial institutions and is known for partnering with motivated and capable management teams focused on achieving clear plan targets.About Lion One Metals LimitedLion One's flagship asset is 100% owned, fully permitted high grade Tuvatu Alkaline Gold Project, located on the island of Viti Levu in Fiji. Lion One envisions a low-cost high-grade underground gold mining operation at Tuvatu coupled with exciting exploration upside inside its tenements covering the entire Navilawa Caldera, an underexplored yet highly prospective 7km diameter alkaline gold system. Lion One's CEO Walter Berukoff leads an experienced team of explorers and mine builders and has owned or operated over 20 mines in 7 countries. As the founder and former CEO of Miramar Mines, Northern Orion, and La Mancha Resources, Walter is credited with building over $3 billion of value for shareholders.On behalf of the Board of Directors of Lion OneMetals Limited"Walter Berukoff", Chairman and CEOContact Investor RelationsToll Free (North America) Tel: 1-855-805-1250Email: info@liononemetals.comWebsite: www.liononemetals.com Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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Green Power Energy’s 20 MW Taungdaw Gwin Build-Own-Operate Solar Plant Commissioned in Myanmar ACN Newswire

Green Power Energy’s 20 MW Taungdaw Gwin Build-Own-Operate Solar Plant Commissioned in Myanmar

Mandalay, Myanmar, Dec 30, 2022 - (ACN Newswire via SEAPRWire.com) - Myanmar's latest solar energy plant, the 20 megawatt (MW) build-own-operate (BOO) Taungdaw Gwin project, has been officially opened, adding a new chapter to the country's sustainability and electrification efforts, its developer announced today. The 20-megawatt Taungdaw Gwin mega-scale solar PV project will contribute to Myanmar's sustainability and electrification efforts. [Image: GPE]The project was developed by Green Power Energy Company Limited (GPE), a subsidiary of Gold Energy Company Limited (GE), a leading renewable energy developer in Myanmar.Taungdaw Gwin is the second mega-scale solar project to be completed by the GE group. Clean Power Energy Limited, another GE subsidiary, completed the 30 MW Thapyay Wa project in Mandalay district in December 2021.With the official opening of the Taungdaw Gwin project, GE's solar energy capacity stands at 50 MW. GE also operates the 120 MW Thaukyegat (2) Hydropower Project (TYG), commissioned in 2013.Located on an 80.9-hectare site southeast of Kyaukse, Myit Thar Township, the Taungdaw Gwin project utilizes a solar tracking system so as to maximize photovoltaic (PV) energy captured by 45,980 solar panels. The project is expected to generate 25.1 MW of direct current or 22.9 MW of alternating current per year. The Taungdaw Gwin project began transmission to the National Grid on 17 November 2022. The energy output is directly linked to the Taungdaw Gwin substation and is connected to the national grid via a 69.6 km 33-kV transmission line built by GPE.In line with its commitment to give back to the community, the GPE team conducted an in-depth Environmental and Social Impact Assessment before construction. This enabled an understanding of the impact on nearby communities and the environment and helped to facilitate construction in a responsible and sustainable manner.Through engaging with local community leaders to understand the needs of the residents surrounding Taungdaw Gwin, the GPE team constructed and installed two overpasses measuring 20.1 metres long by 4.5 metres wide. These and other efforts have improved socio-economic benefits to the community in this otherwise harsh area which had faced challenges of accessibility during the development phase of this important project.U Zaw Win, Managing Director of GPE, said: "We are proud of the successful completion of the Taungdaw Gwin solar facility. We look forward to a sustainable energy source for the future of Myanmar. "As a partner in nation-building, GPE is deeply committed to infrastructure development and sustainability in Myanmar. This and other renewable energy projects we are involved in will increase the contribution of renewable energy to the national grid while advancing the country's national electrification goals."About Green Power Energy (GPE)Green Power Energy Company Limited (GPE), a subsidiary of Gold Energy Company Limited (GE), is a renewable energy developer. GPE completed the Taungdaw Gwin solar PV facility, which was officially opened in December 2022. Despite the challenges of the pandemic, GPE completed the project earlier than scheduled. The solar energy is connected to the Taungdaw Gwin substation, part of the national grid, via a 69.6 km 33-kV transmission line built by GPE. As GPE continues to build upon its track record and execution capabilities, it remains committed to contributing to Myanmar's clean energy sector in the coming years. Visit https://gpenergymm.com/. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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UREEQA partners i-Create to validate new NFT collection Joe Ravioli ACN Newswire

UREEQA partners i-Create to validate new NFT collection Joe Ravioli

ONTARIO, CA, Dec 10, 2022 - (ACN Newswire via SEAPRWire.com) - The founders of i-Create LLC are excited to announce the launch of their NFT project Joe Ravioli. This innovative and unique NFT collection tells a creative and fun story for buyers of any age. With the entire collection being validated by UREEQA, buyers will receive a cool piece of digital art, commercial rights, monetization opportunities, IRL (in real life) merchandising opportunities and more, while also supporting a philanthropic cause to fight hunger in America. "Joe Ravioli has been such an exciting project for us to develop, as 3rd generation Italian brothers with a love of mob related movies and Italian food and cooking, and having always focused on unique art, pun-filled humor and fun thrown into our character IP projects. Joe Ravioli started positioning itself with licensed IRL items, a strong new metaverse animation collaboration, POD commerce integration, and a non-profit organization we hold dear. Now was the time where we wanted to create a brand in and of its own, where everyone from partnered collaborations to NFT holders and collectors will enjoy its long-term plan for growth, and of course it's amazing utilities," said John Campanella, CEO, Engineer and Co-Founder of i-Create LLC."When we were searching for the perfect launch partner, one that understands copyright validation along with an amazingly talented team, UREEQA opened our eyes wide, and we realized we had the best long-term NFT collaboration for this project, and continued IP projects into the future," says Steve Campanella, President, Artist & Co-Founder of i-Create LLC.As veterans in the NFT space Steve and John have experienced firsthand the pain and cost of having their intellectual property ripped off without their permission. So, for the Joe Ravioli drop they wanted to ensure that both themselves and their buyers were better protected before releasing their work. This is where the UREEQA partnership was formed to validate the authorship, ownership, and originality of the entire collection. Buyers can purchase these NFTs and confirm via the collection's provenance page that the work in fact authentic. "From our initial conversations with John and Steve we learned about their unfortunate experience, having their previous IP stolen and monetized without their approval. After pouring heart and soul into the project, then hearing about their struggle to fight the theft, this is unfortunately all too common and exactly why we created UREEQA," said Shannon Powell, CMO and co-founder of UREEQA.Being Italian, food is something that has always been near and dear to Steve and John's hearts. That's why they wanted to use the drop of this NFT collection to give back, and felt Move For Hunger would be the perfect fit. "We are thrilled for the launch of Joe Ravioli, and our partnership with i-Create. This is our organization's first time working with an NFT launch, and we are excited that this creative campaign will help raise awareness about hunger and food waste across the nation," said Adam Lowy, Founder & Executive Director, Move For Hunger.Outside of supporting a great cause, holders of Joe Ravioli NFTs have access to partnerships that give them monetization opportunities out of the gate with teelaunch. "teelaunch is very excited to be partnering with i-Create's Joe Ravioli NFT project launch," said Christopher Hamze, President and Founding Partner at teelaunch. "teelaunch will be the POD (Print on Demand) delivery partner, making it accessible for NFT holders who have been granted commercial rights to sell on physical POD products after collecting and utilizing their NFTs from either or both The CHEESIEST imPASTA 10K and The Meatball Gang - Joe Goes Underground 10K. We are looking forward to a long-lasting collaboration."You want IRL (in real life) merchandise of your Joe Ravioli NFT? John and Steve already have you covered there too as they've partnered with Ata-Boy and Decalcomania to bring the characters to life in everything from buttons, to stickers and wall decals."We are very excited about the launch of Joe Ravioli from the talented i-Create group. Joe Ravioli introduces us to the world of humorous Italian characters, with licenses including Ata-Boy and Decalcomania. We are excited to have this product launch with the NFT," says Joy Tashjian, President of Joy Tashjian Marketing Group, working with i-Create to build creative and unique license products.After creating all the Joe Ravioli characters, Steve really felt they needed to take the project one step further and bring the characters to life. So he enlisted the help of Jennifer Hotai, CEO & Founder at Plover Animation."Plover Animation is sizzling with anticipation to bring the Joe Ravioli NFT collection to life! This is a highly anticipated project for us, as we will have access to the many digital art ingredients of this culinary-themed creation provided by i-Create LLC. We will be cooking (virtually, of course!) up several animated NFTs per week, so be on the lookout soon for those tasty drops," says Jennifer.Get ready for the Cheesiest NFT drop ever ! JoeRavioliNFT ... 12/19/2022http://joeravioli.io/ ; http://discord.gg/joeraviolinft ; https://twitter.com/joeraviolinft ; http://instagram.com/joeraviolinft/ ; http://facebook.com/joeraviolinft About UREEQAThe UREEQA platform strives to protect creators' work, their rights and their revenue by harnessing the power of blockchain technology. Building a robust and compelling Package of Proof for source creative work, UREEQA mints only Validated NFTs to represent creative rights. This helps keep buyers safe by giving them confidence that the work they are purchasing was minted by the smart contract approved by the creator of the work and is therefore authentic.UREEQA provides value and opportunities for its creators, validators and token holders via URQA, the token at the heart of the UREEQA ecosystem. Established in Canada in 2020, UREEQA is modernizing the inefficient and bureaucratic systems currently in place for copyright protection. For more information on UREEQA and upcoming announcements, please visit our website, join our Telegram channel and Discord server, and follow us on Twitter, Instagram and LinkedIn.- Website: https://www.ureeqa.com/- Discord: https://discord.com/channels/756566642418384906/824682437417369654- Instagram: https://www.instagram.com/ureeqa_inc/- LinkedIn: https://www.linkedin.com/company/ureeqainc/- Telegram: https://t.me/UREEQA- Twitter: https://twitter.com/UREEQA_IncDisclaimer:Statements in this article, including any statements relating to UREEQA's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in technology development and commercialization. As a result, actual results may vary materially from those described in the forward-looking statements. Do your own research! Copyright 2022 ACN Newswire. All rights reserved. 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MOU between playNomm and Superchief for a collaboration in South Korea SeaPRwire

MOU between playNomm and Superchief for a collaboration in South Korea

Seoul, Korea, December 07, 2022 – (SEAPRWire) – NFT marketplace 2.0 playNomm and Superchief Gallery NFT signed a Memorandum of Understanding (MOU) to hold a collaboration project in South Korea. Source: Superchief gallery The NFT marketplace 2.0 playNomm, the first platform of LeisureMetaverse project, is based on its self-developed LeisureMetaverse blockchain mainnet. Unlike other open NFT marketplaces, NFTs on playNomm not only has its artistic value but also its unique decentralized tokenomics based on an Act To Earn(A2E) model. This is why playNomm is the new game changer NFT marketplace 2.0. On October 3rd, playNomm had an early-bird sale of its first NFT project, BPS (Block People Soul), which was sold out in 2 minutes. Superchief Gallery is an independent artist-run gallery founded in 2012 by Edward Zipco & Bill Dunleavy in Brooklyn, NY. Superchief has a history of supporting underground artists from disparate scenes & collectives, enabling them to participate on the global stage. In 2016, Superchief opened their first digital art gallery focused entirely on digital-native artists. This was done to establish digital artwork as a legitimate voice in the art scene and discourse. In March 2021, Superchief Gallery NFT officially opened the world’s first physical IRL NFT gallery in New York. Superchief Gallery NFT hosted and art directed the first physical events for many NFT industry giants such as OpenSea, Makersplace, Foundation, and Quantum. As a pioneer in NFT industry, Superchief Gallery NFT will continue to push the boundaries of art in the world of Web3. Through this MOU, playNomm and Superchief will collaborate on an exciting project in promoting the sale of art NFTs of Superchief gallery artist, using the playNomm NFT marketplace, and IRL event in South Korea. “It is a great opportunity to introduce Superchief gallery’s high-level artists to the Korean market, which has recently grown to be very significant. Starting from this exciting project, playNomm plans to become the upmost global NFT HUB. We are very excited for this opportunity with the prominent NFT gallery, Superchief” said playNomm. Social Links Twitter: https://twitter.com/playNomm Medium: https://medium.com/@playNomm Discord: https://discord.com/invite/playNomm Telegram: https://t.me/playNomm Media Contact Brand: playNomm Inc. Contact: Media team Email: sspark@playnomm.com Website: https://m.playnomm.com SOURCE: playNomm Inc. The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
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Austral Gold Begins Drilling at Jaguelito in Argentina ACN Newswire

Austral Gold Begins Drilling at Jaguelito in Argentina

SYDNEY, AU, Dec 2, 2022 - (ACN Newswire via SEAPRWire.com) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) ("Austral") is pleased to announce that it started its first drilling program on 30 November 2022 at the Jaguelito project located in the El Indio Belt, San Juan - Argentina, close to the Veladero mine and the Alturas project.Figure 1The drilling program is pursuant to the option agreement (the "Agreement") with Mexplort Perforaciones Mineras SA ("Mexplort") announced on 11 February 2022 whereby Austral may acquire a 50% interest in the Jaguelito project by performing the following work commitments within the next four years:- US$2 million in exploration expenditures, including drilling a minimum of 5,000 meters on Jaguelito (the "First Stage") by 10 August 2024, two years after the Agreement was approved by the Instituto Provincial de Exploraciones y Explotaciones Mineras de la Provincia de San Juan IPEEM.- US$2 million in exploration expenditures on Jaguelito within two years after completing the First Stage (the "Second Stage").Austral Gold's Chief Executive Officer, Stabro Kasaneva said: "As part of our strategic alliance with Mexplort, we are pleased to announce the start of our first phase of drilling at the Jaguelito project. Jaguelito is an advanced exploration project with a long history in the province of San Juan. Based on mineralisation of silver and gold intercepted in previous drilling campaigns, Jaguelito appears to have the same affected volcanic units that host a large zone of alteration having the same age as other large high sulphidation projects in the area."DRILLING PROGRAM OVERVIEW:Austral plans to complete the First Stage of approximately 5,000m of diamond drilling (DDH) in 15 to 20 holes at Jaguelito Norte and Jaguelito Sur.- At Jaguelito Norte, five drilling targets have been identified and in this stage at least three targets are expected to be tested with 3,500 meters of DDH drilling. The program intends to prioritise the Capote - Alcatraz sector under a new concept of gold ore control related to northwest direction and to drill the La Cuna maar-diatreme complex, which we recently identified as the main or major control of the hydrothermal system in the area. The third target corresponds to the satellite body of the Guanaco Breccia.- At Jaguelito Sur, preliminary work has identified five structures related to phreatomagmatic activity that may control the alteration and possibly mineralisation in that sector. Progress is being made in the delineation process and our objective is to define drilling targets to be tested with 1,500 meters of drilling.Casposo-Manantiales Project located in the province of San Juan, ArgentinaWe are finalising our second drilling campaign in 2022 as announced on 19 September 2022 and anticipate receiving and announcing assay results soon.About the Jaguelito ProjectThe Jaguelito project is an advanced exploration stage project located in located in one of the main districts of precious metals worldwide; the El Indio - Pascua Lama district in the Province of San Juan, Argentina. Its deposits, of the high sulfidation epithermal type of Miocene age, include mines in production, construction and exploration.The Jaguelito project covers an area of 11,000 approximately hectares, and over 150 holes (~30,000m) were drilled by previous owners (Minera Penoles, Minera IRL) between 1996 and 2009. It is located approximately 225 kilometers northwest of the city of San Juan in Valle del Cura, Iglesias Department, San Juan Province, Argentina. Its central coordinates are 29 46' 20" West Latitude, 69 38' 15 South Longitude and a variable altitude between 3,600 and 4,300 meters above sea level. Jaguelito is a high sulfidation epithermal deposit related to a Miocene volcanism hosted in basement of Permo-Triassic age. Its mineralisation is related to a hydrothermal system controlled by northeast-southwest oriented faults and hosted in porous-permeable volcaniclastic units. These rocks allowed the circulation of precursor acidic hydrothermal fluids that strongly altered the rocks through which they circulated, generating a secondary porosity or vuggy silica, in the alteration cores. The high porosity product of the alteration served as a conduit for the posthumous hydrothermal fluids responsible for the mineralization of gold and silver.About Austral Gold LimitedAustral Gold Limited is a gold and silver explorer and mining producer whose strategy is to expand the life of its cash generating assets in Chile, restart its Casposo-Manantiales mine complex in Argentina and build a portfolio of quality assets in Chile, the USA and Argentina organically through exploration and via acquisitions and strategic partnerships. Austral owns a 100% interest in the Guanaco/Amancaya mines in Chile and the Casposo-Manantiales mine complex (currently on care and maintenance) in Argentina, a non-controlling interest in the Rawhide Mine in Nevada, USA and a non-controlling interest in Ensign Gold which holds the Mercur project in Utah, USA.In addition, Austral owns an attractive portfolio of exploration projects in the Paleocene Belt in Chile (including those acquired in the 2021 acquisition of Revelo Resources Corp), a noncontrolling interest in Pampa Metals and a 51% interest in the Sierra Blanca project in Santa Cruz, Argentina. Austral Gold Limited is listed on the TSX Venture Exchange (TSXV: AGLD) and the Australian Securities Exchange. (ASX: AGD). For more information, please consult Austral's website at www.australgold.com.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Release approved by the Chief Executive Officer of Austral Gold, Stabro Kasaneva.For additional information please contact:Jose BordognaChief Financial OfficerAustral Gold LimitedJose.bordogna@australgold.com+61 466 892 307Ben JarvisDirectorAustral Gold Limitedinfo@australgold.com+61 413 150 448Forward Looking StatementsStatements in this news release that are not historical facts are forward-looking statements. Forward-looking statements are statements that are not historical, and consist primarily of projections - statements regarding future plans, expectations and developments. Words such as "expects", "intends", "plans", "may", "could", "potential", "should", "anticipates", "likely", "believes" and words of similar import tend to identify forward-looking statements. Forward-looking statements in this news release include Austral's plans to complete the First Stage of approximately 5,000m of diamond drilling (DDH) in 15 to 20 holes at Jaguelito Norte and Jaguelito Sur and that we are finalising our second drilling campaign in 2022 at the Casposo-Manantiales Project the as announced on 19 September 2022 and anticipate receiving and announcing assay results soon.All of these forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied, including, without limitation, business integration risks; uncertainty of production, uncertainty of exploration programs, development plans and cost estimates, commodity price fluctuations; political or economic instability and regulatory changes; currency fluctuations, the state of the capital markets especially in light of the effects of the novel coronavirus,, uncertainty in the measurement of mineral reserves and resource estimates, Austral's ability to attract and retain qualified personnel and management, potential labour unrest, reclamation and closure requirements for mineral properties; unpredictable risks and hazards related to the development and operation of a mine or mineral property that are beyond the Company's control, the availability of capital to fund all of the Company's projects, and other risks and uncertainties identified under the heading "Risk Factors" in the Company's continuous disclosure documents filed on the ASX and on SEDAR. You are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Austral cannot assure you that actual events, performance or results will be consistent with these forward-looking statements, and management's assumptions may prove to be incorrect. Austral's forward-looking statements reflect current expectations regarding future events and operating performance and speak only as of the date hereof and Austral does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable law. For the reasons set forth above, you should not place undue reliance on forward-looking statements. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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SEA Solar & Energy Storage Market is Ready to Take Off ACN Newswire

SEA Solar & Energy Storage Market is Ready to Take Off

BANGKOK, Nov 29, 2022 - (ACN Newswire via SEAPRWire.com) - SEA's 2025 target to have 35% of total power capacity from renewable energy sources is expected to be supported by the strong solar and Energy Storage sector growth. How exactly should the quota availability be matched?Energy Box is organizing Solar Energy Storage Future SEA 2022 scheduled on December 6, 2022. The congress will invite the ASEAN government, local power companies, leading companies with the most development experience, qualifications and investment intentions in SEA, and 600+ professionals to share SEA's solar and Energy Storage project development strategies, and jointly analyze the future development of solar and Energy Storage markets. Including cutting-edge trends in its new energy market.Event details:Place: Bangkok, ThailandEvent access: www.energy-box.com/congress-sea-2022Honored Speakers (confirmed/inviting)1. Ruth P Briones,Chairman and CEO at Greenergy Solutions Inc.2. Teerasak Ne, Project Manager at EDL Gen Solar Laos3. Akarin Suwannarat,Special Assistant to CEO / EVP at Energy Absolute PCL (EA)4. Davide Pacheco,CEO Asia Pacific and Board Member at Amarenco5. Daniel Gaefke, APAC Director at BayWa r.e.6. Vincent Bakker, Chief Financial Officer at Entoria Energy7. Jack Kneeland, Partner at Vector Energy Advisory8. Michiel Prompers, Managing Partner at Green Horizon Capital Partners9. Franck Constant,CEO at Constant Energy10. Rassa Herabat , Head of Asset Management and RE Project Manager, Investment Department at Prime Road Power11. Sophie Horak,Team Lead Business Development & Sales bei meteocontrol12. Bancha Yathip, Assistant Project Director ที่ Gunkul Engineering Public Company Limited 13. Joseph Tomkiewicz, Partner , Co-Chair Energy Industry at Tilleke & Gibbins14. Chinnawat Pama,Solar Power Team Lead | Renewable Energy Consultant at Mott MacDonald15. Jerin Raj,Director-South East Asia at Black & Veatch16. Khomson Khenyotha,Country Head - Thailand, TotalEnergie Distributed Generation Asia at TotalEnergies17. Pasamon Pechrasuwan Principal Consultant & Associate Fellow at Frost & Sullivan Asia-Pacific18. Dzung Khoa Nguyen , Managing Director at INPOS Co., Ltd.19. Ibrahim Kocagoz, Engineering Solutions Director at PCS Thailand20. Assco. Prof. Dr. Wirachai Roynarin,Founder and Exclusive Committee at Thailand Renewable Energy for Community Association(TRECA)About Energy BoxEnergy Box is one of the largest vertical international media companies, dedicated to renewable energy(solar, wind, energy storage, green hydrogen). Business: Pan Europe, Africa & Middle Eats, LATAM and Asia. Currently we have had 40+ events , sales consulting, projects development, financing, meetings, interviews and peer to peer services.- Daily Emailings: 100,000+ - Social Media Blasts: 2 million impressions( Globally)Energy Box Linedin: www.linkedin.com/company/energyboxexpo/mycompany/?viewAsMember=true Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Consortium of Japan partners successfully promote domestic production and cost reduction for 5G core technology, the basis for next-generation communication standards JCN Newswire

Consortium of Japan partners successfully promote domestic production and cost reduction for 5G core technology, the basis for next-generation communication standards

TOKYO, Nov 24, 2022 - (JCN Newswire via SEAPRWire.com) - The University of Tokyo, Internet Initiative Japan (IIJ), APRESIA, and Fujitsu Limited have successfully developed Open Source Software for the Private 5G/6G Mobile System, realizing a domestically produced, low-cost 5G core network (5GC), the core technology of the 5G mobile network. The initiative was conducted by the partners as part of NEDO's Research and Development Project of the Enhanced Infrastructures for Post-5G Information and Communication Systems Feasibility Study (Contracted).Figure 1: Image of the Newly Developed 5GCFigure 2: Image of Private 5G System Commercialized by APRESIA and FujitsuFigure 3: Image of Multiple Private 5G Systems Promoted by IIJ5GC software plays a central role in controlling cell phone networks, but the need for domestic production and cost reduction represents ongoing challenges to making related technologies, like private 5G, a reality. With the development of this new technology, IIJ, APRESIA, and Fujitsu developed a practical version of 5GC based on Open Source Software with commercial-level functionality, performance, and stability based on Open Source Software. The University of Tokyo contributed a user plane function (UPF) that handles more advanced data transfer and route selection by combining 5GC with previously known properties and have applied for a new patent.The partners anticipate that the eventual, real-world deployment of this technology will allow users to introduce private 5G systems at lower cost for use in practical settings, leading to the wider adoption of private 5G in various industries. Combining multiple private 5G networks and 5G services provided by major telecommunications carriers will ultimately make it possible to deliver more versatile communication environments than individual private 5G networks alone.1. Overview5G cell phone networks are beginning to be used not only as a means of communication, as is the case for phones and smartphones, but also in critical infrastructure systems that support society, such as payments and logistics. Although the technology that makes up mobile networks is based on a common global standard, most of the communications equipment used in actual mobile networks is manufactured by vendors outside of Japan, which also hold many of the patents for intellectual property for related technologies. This represents a possible risk to market competition and economic security, making it an important priority for Japanese companies and researchers to proactively develop products and technologies in anticipation of post-5G and next-generation communication standards that are expected to emerge after 2025. Going forward, it is hoped that industry-academia-government collaboration will lead to the development of practical-level communication devices and the resolution of issues.Against this backdrop, in Japan, NEDO has conducted its "Research and Development Project of the Enhanced Infrastructures for Post-5G Information and Communication Systems (1) /Feasibility Study (Contracted)" surrounding the theme of "Open-source software development for Local5G/6G mobile systems." The initiative, which lasted two years from October 2020 to October 2022, resulted in the successful development of core technology by the partners for 5G mobile network technology that can be domestically produced at low cost.2. Key outcomes of this projectDevelopment of 5G Core network (2)Unlike 5GC for major telecommunications carriers, which is designed to manage tens of millions of lines, the 5GC developed through this project is a compact implementation that can efficiently manage several to several thousand lines. Development based on Open Source Software (3) has also decreased the burden of intellectual property costs. This makes it suitable for environments where many small-scale 5G systems, such as private 5G, are to be built. Because it is implemented as software that runs on Commercial Off-The-Shelf (COTS), 5GC can also be cloud-based for maximum utilization.Open and closed strategies The 5GC developed in this project is based on free5GC, which is being developed by engineers around the world as Open Source Software. In general, Open Source Software is superior in terms of transparency because all source code is publicly available, so it is possible to check for the inclusion of programs with malicious intentions. On the other hand, some Open Source Software lack the necessary functions for commercial use, and there are technical issues such as insufficient verification of performance and stability.In this project, based on the knowledge of IIJ, which operates commercial networks, the partners added functions to free5GC, improved its performance, and verified its stability using technology from APRESIA and Fujitsu, which develop many commercial network products, and raised its quality to a level where it can be used as a commercial product. The ability for Japanese companies to provide highly practical 5GC with transparency is also important from the perspective of economic security.This project newly defines the open and closed strategy, establishing collaborative areas in which the results of development are returned to society (open) and competitive areas that are occupied (closed) to maintain an advantageous position in the market environment. As an outcome belonging to the collaborative area, the free5GC improvement areas implemented within the project are being fed back to the free5GC development team, and the outcomes are available worldwide. In this manner, the presence of Japanese companies in an open development environment is significant not only in the post-5G era, but also in taking the initiative for next-generation communication standards. For results in the competitive area, the partners applied for patents for the university's latest findings to help raise the level of Japan's industrial competitiveness, acquire intellectual property to compete in the global marketplace, and contribute to the revitalization of the economy. They are also paving the way for business models that transfer technology from universities to venture companies.3. Future plansAPRESIA and Fujitsu will continuously release solutions for private 5G networks that combine the 5GC technology developed through this project and 5G base stations and terminal equipment manufactured by each company. IIJ will also promote the development of communication services that can use multiple private 5G networks using 5GC developed through this project and public 5G networks provided by IIJ as a mobile virtual network operator (MVNO) through roaming. Furthermore, the University of Tokyo plans to supply the results of this development to an integrated private 5G system of a university-launched venture company.Going forward, the University of Tokyo will work together with companies to further promote industry-academic collaborations around the research of solutions and services that utilize the 5GC technology developed in this project, as well as conduct R&D on open base station equipment (NR: New Radio) that operates on the public cloud to accelerate efforts to further advance cloud-native 5G cell phone network technologies.(1) Research and Development Project of the Enhanced Infrastructures for Post-5G Information and Communication Systems :Project name: Research and Development Project of the Enhanced Infrastructures for Post-5G Information and Communication Systems Project period: From FY2019 Project summary: www.nedo.go.jp/activities/ZZJP_100172.html (in Japanease)(2) 5G core network:Post-5G core networks will require advanced technologies related to virtualization and computational resource management in order to efficiently process huge amounts of traffic with the least possible power consumption and at the lowest possible cost, while meeting the requirements of diverse services. Moreover, in order to meet the demand for low latency and high reliability, we may see a significant shift from processing in single huge data centers to cloud-based core networks that utilize multiple geographically dispersed computing resources in the future.(3) Open Source Software:The source code is open to the public and can be used, modified, and redistributed for either commercial or non-commercial use, and is actively being adopted by companies for commercial products and services, especially for general-purpose libraries.About FujitsuFujitsu's purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$32 billion) for the fiscal year ended March 31, 2022 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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MetaOctagon’s MOTG Token Will Be Listed on the Gate.io Exchange SeaPRwire

MetaOctagon’s MOTG Token Will Be Listed on the Gate.io Exchange

Seoul, Korea, November 22, 2022 – (SEAPRWire) – MetaOctagon, which is developing a global complex cultural space and metaverse project based on “Club Octagon”, announces that its own token, MOTG, will be listed on Gate.io, a global cryptocurrency exchange, on November 22. Gate.io is a global Top 15 blockchain asset exchange established in 2013, with about 12 million members from 130 countries trading more than 1,500 cryptocurrencies in about 2,500 coin markets worldwide. MetaOctagon is a Web 3.0-based metaverse project that aims to recreate “Club Octagon”, which has created a global cultural space more than just a dance club and to expand MetaOctagon’s worldview and MOTG ecosystem. Metagonz is an NFT project of virtual human DJ and 3D metaverse avatar, developed and released to expand the MetaOctagon ecosystem. MOTG token is used in Gotcha Box, Item Shop, and METAPLAYER X : Moblie Dapp, which are released from the MetaOctagon worldview, including Metagonz NFT minting. If users hold Metagonz NFT, you can get lifetime free pass benefits from Metagonz affiliated clubs in Korea, including Seoul, Busan, and Daegu. In addition, tickets of Large-scale music festivals in Korea and membership discount tickets will be provided. MetaOctagon project official said, “We will do our best to activate MOTG tokens in the frozen coin market along with MOTG’s listing on Gate.io, and we will not only build token economies through MOTG tokens but also provide new services to users with NFT content that strengthen user-compensated processes.” Social Links Twitter: https://twitter.com/MetaOctagon Discord: https://discord.com/invite/metaoctagon Medium: https://medium.com/metaoctagon Instagram: https://www.instagram.com/metaoctagon_official/ YouTube: https://www.youtube.com/c/metaoctagon Media Contact Brand: MetaOctagon Contact: Media team Website: https://metaoctagon.io/ SOURCE: MetaOctagon The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
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Grand Ming Group Holdings Limited Announces Interim Results for the Six Months Ended 30 September 2022 ACN Newswire

Grand Ming Group Holdings Limited Announces Interim Results for the Six Months Ended 30 September 2022

HONG KONG, Nov 12, 2022 - (ACN Newswire via SEAPRWire.com) - Grand Ming Group Holdings Limited (the "Company" and together with its subsidiaries, the "Group", stock code: 1271.HK) today announces its interim results for the six months ended 30 September 2022 ("FH 2022/23").Highlights-- Revenue amounted to HK$4.92 billion, an increase of 7.4 times from the last corresponding period.-- Profit for the period was HK$1.41 billion, representing a year-on-year increase of 19.4 times.-- Declared payment of an interim dividend of 6.0 HK cents per share.-- Stay positive toward lucrative business of owning and operating data centres via expanding portfolio of developing two new centres in near future.-- Seize opportunity to increase land reserve for property development in Hong Kong.-- Continue to execute the plan for property development in Nanning, Guangxi Province, China.The Group's consolidated revenue increased by 7.4 times from HK$586.1 million for the six months ended 30 September 2021 ("FH 2021/22") to HK$4,920.1 million for FH 2022/23. The Group recorded a net profit for FH 2022/23 was HK$1,410.2 million, representing an increase of 19.4 times when compared to that of HK$69.2 million for FH 2021/22. Earnings per share was 99.3 HK cents (2021: 4.9 HK cents). The Group's underlying profit for FH 2022/23, excluding the change in fair value of investment properties, amounted to HK$1,414.3 million, representing an increase of 47.4 times as compared to an underlying profit of HK$29.2 million for FH 2021/22. Underlying earnings per share was 99.6 HK cents (2021: 2.1 HK cents). The significant increase in the Group's consolidated revenue and net profit in FH 2022/23 was primarily attributable to the handover of the pre-sold units of the residential project namely The Grand Marine to buyers during FH 2022/23.The Board declares to pay an interim dividend of 6.0 HK cents (2021: 4.0 HK cents) per share, payable on 15 December 2022 to shareholders whose names appear on the Company's register of members on 2 December 2022.The Group's first residential property development project "The Grand Marine" at Tsing Yi, the New Territories consisted of two residential towers with 776 residential units, together with car parks and clubhouse facilities. It provides a saleable area of approximately 345,000 square feet. The property's pre-sale which began in November 2019 received applauding sentiment and over 92% of the residential units had been pre-sold. The certificate of compliance for The Grand Marine was obtained in March 2022. Handover of the pre-sold units to buyers subsequently commenced in April 2022, with revenue of HK$4.77 billion recognised during FH 2022/23.The data centre leasing business was in good shape maintaining a healthy growth. Revenue derived from this segment increased by 23.9% to HK$113.9 million in FH 2022/23, primarily driven by the increased utilisation of data centre spaces by existing and new customers. The Group on the other hand executes the plan to expand the data centre network by developing the two greenfield sites at No.3 On Kiu Street and No.8 On Chuen Street in Fanling, the New Territories into two new high-tier data centres with an estimated gross floor area of approximately 185,000 square feet in aggregate. The development is targeted to be delivered in mid-2025 and mid-2026 respectively.In FH 2022/23, revenue derived from the construction business decreased by 90.2% to HK$29.7 million, which recorded a significant drop due to substantial decrease in revenue recognized during the period under review from the completed construction project at Kai Tak.The Group's another development project in its heatmap, located at No. 41, 43 and 45 Pau Chung Street in To Kwa Wan, Kowloon is now named "The Grands". The site is being redeveloped into a 25-storey residential tower with 76 units and clubhouse facilities over two levels of shops covering a total gross floor area of approximately 31,000 square feet. The topping-out of the superstructure works had been completed and the interior fitting-out works are currently in progress. Preparation works for the pre-sale are also commenced. The project is scheduled to be completed in the first half of 2023.For the site at No.1 Luen Fat Street, Fanling, the New Territories, the Group plans to develop into a residential-cum-retail complex with a total gross floor area of approximately 36,000 square feet. The land exchange application to convert the use of land is under processing. Foundation works has started, and the development is scheduled to be completed in mid-2025. Upon completion of the redevelopment of the site, the completed properties will be sold to generate revenue for the Group.The Group's luxury residential project, CRISTALLO, at No. 279 Prince Edward Road West, Kowloon was well sold. As of September 2022, 15 units out of the total 18 units had been sold.The Group expands into Mainland China via acquiring its first land parcel through government public auction which is located at Guangxi-ASEAN Economic and Technological Development Zone, Wuming District, Nanning City, Guangxi Province with a site area of approximately 574,000 square feet in July 2021. It is planned to develop the land into a luxury residential project under the theme of leisure and healthy lifestyle, comprising high-rise apartment units, villas, retail shops and a wellness centre. Target customers will be the elderly and retirees and their families. The estimated gross floor area of the proposed development is approximately 1,100,000 square feet. Site investigation had substantially been completed. Application for building plan approval is under preparation.Mr. Chan Hung Ming, Chairman and Executive Director of Grand Ming Group Holdings concluded, "I am pleased to share that we have made a strong growth and achieved a record-high revenue and net profit from our right strategy of making the Group to be a property developer, despite the challenging global environment with persistent pandemic impact, interest rate hike and high inflation. Demand for our both development property and data centre portfolio remain resilient, and our brand is well oriented to capture growth opportunities. In the midst of uncertain economic outlook, we remain cautiously optimistic on the short term and confident on the long-term prospects of the local residential property market. We will keep on identifying and securing opportunities to increase land bank on the backdrop of our sound financial position. We also commit to providing comprehensive and reliable services to our data centre customers. Apart from upgrading the existing iTech Tower 1 & 2, the two new data centres in Fanling are designed and to be equipped to accommodate customers with high power requirement. Our new strategic direction of developing property in Mainland China will continue to leverage our distinctive operating capabilities and seasoned experience to seize the attractive growth opportunities."About Grand Ming Group Holdings Limited (Stock code: 1271.HK)The Group is principally engaged in the business of building construction, property leasing and property development. As a local wholesale co-location provider of high-tier data centres, the Group is one of the dedicated service providers in Hong Kong which owns and uses the entire building for leasing to customers for data centre use. Its clientele includes multinational data centre operator, telecommunications company and financial institutions. The Group operates two high-tier data centre buildings, namely iTech Tower 1 and iTech Tower 2. It also acquired two pieces of land in Fanling, the New Territories for developing into two high-tier data centres. Furthermore, the Group launches a residential development project namely "The Grand Marine" at No.18 Sai Shan Road, Tsing Yi, as well as a luxury residential project, Cristallo, at No.279 Prince Edward Road West, Kowloon. A new residential-cum-retail development project namely "The Grands", which is located at No. 41, 43 and 45 Pau Chung Street, To Kwa Wan, Kowloon with a total gross floor area of approximately 31,000 square feet, is well underway and scheduled to be completed in mid-2023. Besides, a site located at No.1 Luen Fat Street, Fanling, New Territories, is planned to develop into a residential-cum-commercial project with total gross floor area of approximately 36,000 square feet and target completion at mid-2025. In Mainland China the Group owns a piece of land at Guangxi-ASEAN Economic and Technological Development Zone, Wuming District, Nanning City, Guangxi Province for development into a luxury residential project comprising high-rise apartments, villas, retail shops and wellness centre with an estimated gross floor area of approximately 1,100,000 square feet.Media Contacts:Angel YeungJovian Communications LtdEmail: news@joviancomm.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Web3 Project xSPECTAR Merges with Combat Kanga SeaPRwire

Web3 Project xSPECTAR Merges with Combat Kanga

New York, NY, November 11, 2022 – (SEAPRWire) – Revolutionary NFT and Metaverse platform xSPECTAR is proud to announce its merger with Combat Kanga. Teams from both projects expect the merger to enhance their technical strengths, services, and marketing networks. The merger promises to be a tremendous boon for both projects that complement and enhance each other in unique ways. Together, xSPECTAR and Combat Kanga expect to dominate the XRP Ledger (XRPL) blockchain network and become a powerhouse in the world of Web3, gaming, development and entertainment. Key targets of the merger will combine networking opportunities, technical strengths, an NFT marketplace, cross-chain capabilities, software developments, and ways to expand retail Web3 usership. These projects are now taking advantage of the XLS-20d standard that allows NFT projects to include essential aspects to their tokenomics such as minting and trading tokens. Essentially, the standard enables NFTs on the up-and-coming XRPL network, the decentralized, scalable, and sustainable public blockchain that has been built from the ground up by the community supporting Ripple. Another thing that makes XRPL unique is its use of tokens. These tokens can represent currencies, assets, data, and many more. This opens up a whole world of transferability possibilities for businesses and consumers. CEO of xSPECTAR, Dirk Schepens together with the CEO of Combat Kanga and CTO of xSPECTAR, Neil Cadman are the main driving forces behind the burgeoning success of these projects. xSPECTAR is attempting to change the world of NFTs. The pre-mint phase of its NFT avatars called Agents is currently underway, but nearly sold out. Agents can be used by users as avatars in xSPECTAR’s Metaverse called xSPECTARverse. Both the NFTs and xSPECTARverse were designed with Unreal Engine 5, making it one of the most advanced entrants to the industry. Combat Kanga is a card game project that uses NFTs as its game pieces. The fiat-based game has crypto capabilities that help bridge the Web2 and Web3 world using NFTs. About xSPECTAR xSPECTAR is a revolutionary Web3 project utilising an Unreal Engine 5-powered Metaverse on the XRP Ledger (XRPL) blockchain network. xSPECTAR NFTs, metaverse, and any related products and services on xSPECTARverse metaverse platform are designed to be visually stunning and serve users to the greatest extent possible. For more information about xSPECTAR, go to http://www.xspectar.com/. To join the xSPECTAR Discord group, go to https://discord.gg/xspectar. Also be sure to follow xSPECTAR on Twitter https://twitter.com/xspectar. Media Contact Brand: xSPECTAR Contact: Media team Email: vincent@xspectar.com Website: https://www.xspectar.com/ SOURCE: xSPECTAR The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
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Huatai Securities Attends the 14th Meeting of the Conference of the Contracting Parties to the Ramsar Convention on Wetlands (COP14) ACN Newswire

Huatai Securities Attends the 14th Meeting of the Conference of the Contracting Parties to the Ramsar Convention on Wetlands (COP14)

WUHAN, CHINA, Nov 9, 2022 - (ACN Newswire via SEAPRWire.com) - On November 8, The Yangtze River Conservation Forum, an important side event of the 14th Meeting of the Conference of the Contracting Parties to the Ramsar Convention on Wetlands (COP14), was held in Wuhan. The forum shared iconic cases of Yangtze River conservation, including the protection of the Yangtze River finless porpoise and the ten-year fishing ban in the river, showcased China's conservation achievements in the three decades since the country joined the Ramsar Convention on Wetlands, and introduced China's experiences in wetland and river conservation to the world. The team of "Yixin Huatai - One Yangtze River", an environmental protection project ("the Project") of Huatai Securities Co., Ltd. (stock code: 6886.HK; "the Company"), was invited to the forum and demonstrated their efforts in Yangtze River protection with project partners from Fudan University and Nanjing Hongshan Forest Zoo.In 2018, Huatai Securities launched the "Yixin Huatai - One Yangtze River" project, and began its strategic cooperation with the government, NGOs and universities to protect the biodiversity of the Yangtze River basin. In 2022, the Company established the Huatai Foundation and initiated the "One Yangtze River" Conservation Fund, aiming to provide more professional and sustainable support for biodiversity protection within the region.The Yangtze River wetland is one of the most biodiverse regions in the world. Over the past four years, the Project has covered wetlands in the Yangtze River basin and the estuary of the Yangtze River, carrying out various ecological protection activities including biodiversity surveys, monitoring and patrolling, community co-management, habitat improvement and public education.Community conservation guards the habitats of the Yangtze RiverThe source region of the Yangtze River is located in the hinterland of the Tibetan Plateau and is dotted with diverse ecosystems such as forests, alpine rock falls, alpine grasslands and wetlands. Despite its severe climate, the region nurtures abundant and unique species, including the black-necked crane, the only crane in the world that inhabits the plateau.As an indicator species of highland wetland ecosystems and a flagship species for conservation initiatives, the black-necked crane has attracted great attention. Since 2018, through the support of the Project, the environmental NGO Shan Shui Conservation Center ("Shan Shui") has offered training and education to over 200 local herdsmen so that they can participate in data monitoring and sample collection for the protection of local species including black-necked cranes. Between 2018 and 2022, a total of 307 black-necked crane surveys were conducted, with 66,627 individuals recorded; the highest number of black-necked cranes observed in a single survey has increased year-on-year to 687, affirming the importance of the Jiatang grassland as a migratory resting place for black-necked cranes as well as a distributing area for their subadults. In 2019, the local government, Shan Shui and Huatai Securities jointly established the community protection area in Chengduojiatang grassland, encouraging local herdsmen to protect the ecological environment of the Yangtze River source region in accordance with the customs and regulations of the community. The community protection area initiative has been an effective step in building a community-oriented wetland protection model.At present, the community protection area supported by the Project in the Yangtze River source region has reached 4,000 sq km, covering a variety of plateau ecosystems including wetlands. In addition to continuously improving the solutions for ecological protection and balanced community development, the initiative also supports research institutes such as Peking University to carry out research and conduct species monitoring through a monitoring network of more than 400 infrared cameras to gather data related to domestic ecological conditions such as climate change, and the coexistence of snow leopards and leopards. Among them, the breeding site and infant-rearing behavior of desert cats were recorded for the first time in Jiatang grassland, which attracted the attention of many academic and mass media including Nature, the world's leading multidisciplinary science journal.Unite the collective power of citizens to provide rare species a home in the cityCompared with the Yangtze River source region, the middle and lower reaches of the river are densely populated and economically developed, and the intensive human activities overshadow the rare and endangered species that coexist alongside humans in these reaches of the river. In 2019, Huatai Securities cooperated with World Widelife Fund (WWF) and One Planet Foundation (OPF) to launch the "One Yangtze River Wildlife Conservation Microfund" ("the Fund") species protection project, and a number of conservation organizations and professional teams, including the Wuhan Bird Watching Society ("the Society"), received funding to carry out biodiversity conservation work on the ground in the middle and lower reaches of the river. The Wuhan Bird Watching Society, as one of the funded groups, urged the authorities to include the wintering grounds of black storks in Tianxingzhou, Hongshan District, into the protection scope of important habitats for wild birds, and set up a volunteer service team for bird protection in Tianxingzhou. The Society also aims to assist relevant government departments to eliminate threats and lead the public to participate in the protection of breeding grounds of the Baer's pochard to help increase the population and the protection of black storks during winter to aid their survival rates.Similar changes are taking place in Shanghai. Wang Fang, a researcher in the School of Life Sciences at Fudan University, led a team funded by the Fund to study the response of urban animals to human activities and to participate in the protection and management of urban biodiversity in megacities. Within three years, it has attracted more than 200 citizen volunteers to establish a folk raccoon dog survey team, and a Shanghai urban biodiversity database. The number of related science articles has exceeded 30 million, and several papers have been noted and cited by Nature and Science, amongst others.Cultivating youth power for Yangtze River protectionThe Yangtze River finless porpoise is the only remaining freshwater cetacean mammal in the Yangtze River. Due to the impact of human activities such as illegal fishing, increased shipping, disorderly sand mining, poor water quality and noise pollution, its population has dropped from more than 2,700 in the 1990s to about 1,000 today, and the species is now critically endangered.The "One Yangtze River Wildlife Conservation Microfund" not only offers financial aid, but also provides technical and project planning support. It is hoped that when filling the protection gaps of some threatened species, the Fund can also promote the growth of diverse local protection forces such as scientific research institutions, primary management units, university associations, and local NGOs. With the support of the Fund, the students of the Environmental Protection Association of Jiangsu University of Science and Technology ("the Association") led 14 high schools from seven provinces to join the Yangtze River Finless Porpoise Science Group, trained more than 500 college student volunteer lecturers, and carried out finless porpoise protection and public education activities nationwide. The Association also developed an online finless porpoise communication mini program, which has exceeded three million visits in the past three years. In April 2022, Zhenjiang Jingkou District Finless Dolphin Protection Association was officially established, and its key members came from Jiangsu University of Science and Technology Environmental Protection Association.In September this year, Huatai Securities supported the Huatai Foundation and He Yi Institute to launch "Trickle Up - A Yangtze River Student Environmental Protection Activity Funding Program" ("the Program"). The first phase of the Program provides small grants and expert guidance to 25 college student teams, guiding them to carry out environmental protection actions more scientifically and rationally, contributing to the environmental protection industry as well as effectively improving their comprehensive capabilities.Guiding capital for good and conservationUnder the advocacy of the Project, Huatai Securities launched the "Huatai Yixin Series" pooled asset management plan to provide financing services for green industries and donate a certain percentage of the management fees collected to environmental protection public welfare organizations to support the conservation actions in the "One Yangtze River" project area. In 2021, through cooperation with the Society of Entrepreneurs and Ecology Conservation (SEE), the pilot project of ecological restoration and sustainable fishery in Jiangsu Binhai Wetland was carried out to provide safer resting places and wintering sites for migrating birds.The Project takes ESG (environmental, social and governance) as a link, actively promotes dialogue and cooperation between protection organizations and the capital market, and guides capital for good. In December 2020, Huatai Securities joined hands with the China Environmental Protection Foundation, Shan Shui and other institutions to hold the "One Yangtze River" Sustainable Development Forum to discuss the relationship between ESG investment and ecological protection. Representatives from the Shanghai Stock Exchange, MSCI, the asset management industry and listed companies, together with the Chinese Academy of Sciences, Peking University, IUCN (International Union for Conservation of Nature) and other institutions, promote the in-depth link between ESG rating, investment and biodiversity conservation, and help capital to be good. In September 2021, the Project was selected as the "Global Special Recommendation Case" of the NGO Forum at the 15th meeting of the Conference of the Parties to the United Nations Convention on Biological Diversity (CBD COP15).From the source of the Yangtze River, through its middle and lower reaches to the mouth of the river, the "One Yangtze River" project will continue to promote the harmonious coexistence of humans and nature and drive more conservation efforts like a constant trickle of water into this mighty river. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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The EU-funded TRICK Project Will Use Quadrans Blockchain Technology for Product Traceability SeaPRwire

The EU-funded TRICK Project Will Use Quadrans Blockchain Technology for Product Traceability

New York, NY, October 06, 2022 – (SEAPRWire) – The Quadrans Foundation, as part of the TRICK Consortium, will provide the blockchain technology infrastructure for the new platform’s design and will use Truebit to achieve TRICK’s development goals. TRICK Project (product data traceability information management by blockchains interoperability and open circular service marketplace) was funded by the European Union’s Horizon 2020 research and innovation programme (GA 958352) with € EUR 8 million in contributions and the aim of creating a blockchain-based, standardised platform to enable textile and food companies to collect product-secured data. The project started in May 2021 with a duration of 42 months and is supported by a consortium of 32 partners from 8 EU countries and 3 extra EU-eligible countries, coordinated by Fratelli Piacenza S.pA. Italian top brand in luxury fabric manufacturing and the participation of public institutions such as ENEA, the Italian National Agency for New Technologies, Energy and Sustainable Economic Development and ADM, the Italian Customs and Monopolies Agency. Within the TRICK Consortium there is the Quadrans Foundation, a non-profit organisation under Swiss law that conducts research and development of the Quadrans blockchain: an open-source, public, decentralised smart-contract-based blockchain with a specific focus on the needs of industry, complex supply chains, and IoT devices. For its unique characteristics, the Quadrans blockchain has been chosen to be a central technology for the TRICK infrastructure and the Quadrans Team, together with UBITECH, is committed to leading the “Design and Implementation of Blockchain Integration and Interoperability” (Work Package 3 Tasks 3.3). As Quadrans works together with the TRICK Consortium, the main goal of the partnership is to create a safe, secure, and reliable blockchain-based platform that will help standardise the services for the textile and food industry across Europe. The project aims at the development of a complete, SME-affordable and standardised platform for data collection, secured by blockchain technology, to enable enterprises to collect product-secured data, combined with a marketplace including the needed services and the data generated, open to third parties’ certified solutions and business models. As many businesses are concerned with data privacy and confidentiality, the TRICK Project will use Quadrans blockchain technology and smart contracts to ensure all information is protected and secured. Additionally, access to data will vary across levels, with information available only to those with specific permissions. TRICK’s Development Progress TRICK Project blockchain-based data collection platform has now reached a crucial design phase. Quadrans made progress with the activities for the integration and interoperability by utilizing Truebit, an additional blockchain enhancement that enables Smart Contracts to securely perform complex computations in standard programming languages, at reduced gas costs on Quadrans blockchain. Thanks to Truebit integration the infrastructure design and implementation for interoperability can achieve: A cross-chain transaction involving consensus mechanism and smart contracts;Data authenticity, integrity, and provenance to be verified on-chain and cross-chain. The official documentation relating to the Work Package (WP3) Tasks 3.3 is being processed and will be delivered to the European Commission by mid-October. This document will present the methods of using Truebit for the resolution of all the tasks of WP3- 3.3 and will be submitted to the EU which will approve it within 60 days. About TRICK Project TRICK focuses on affordability as many small businesses run into financial issues when it comes to making the change to complex technologies (e.g. blockchain) and expects to close this gap by offering its information systems management platform and supporting supply chain standardisation across the European textile and food market. TRICK plans to use its experience, along with collaboration and cooperation from various academic partners, government agencies, and institutions to provide a blockchain-based model to the textile and food industry. Overall, the intention is to provide a much-needed improvement on the already existing process, which is lacking in many areas: counterfeiting of products and greenwashing techniques are amongst the widely reported. Lastly, TRICK expects to drive awareness around its implementation by providing a strategic roadmap to key stakeholders. Doing so will establish legal standards, processes, and methodologies necessary to lend credibility to these guidelines. What will happen next? In December this year, all TRICK members will demonstrate the platform’s developments to the European Union, during which the Quadrans Team will present the use of Truebit in detail. Once the document has been delivered and validated by the EU, it will then be published on the TRICK-Project website, in the official project documentation, under “Deliverables“. Social Links of TRICK Project LinkedIn: https://www.linkedin.com/company/trickproject/ Instagram: https://www.instagram.com/trick_project/ Social Links of Quadrans Twitter: https://twitter.com/quadrans Telegram: http://t.me/quadrans Discord: https://discord.gg/KTp8J2X2q6 GitHub: https://github.com/quadrans/ Medium: https://medium.com/quadrans Media Contact Brand: Quadrans Contact: Media team Email: fondazione@quadrans.io Website: https://quadrans.io/ SOURCE: Quadrans The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
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EU-funded TRICK Project Will Use Quadrans Blockchain Technology for Product Traceability

New York, NY, October 05, 2022 - (SEAPRWire) - The Quadrans Foundation, as part of the TRICK Consortium, will provide the blockchain technology infrastructure for the new platform's design and will use Truebit to achieve TRICK's development goals. TRICK Project (product data traceability information management by blockchains interoperability and open circular service marketplace) was funded by the European Union's Horizon 2020 research and innovation programme (GA 958352) with € EUR 8 million in contributions and the aim of creating a blockchain-based, standardised platform to enable textile and food companies to collect product-secured data. The project started in May 2021 with a duration of 42 months and is supported by a consortium of 32 partners from 8 EU countries and 3 extra EU-eligible countries, coordinated by Fratelli Piacenza S.pA. Italian top brand in luxury fabric manufacturing and the participation of public institutions such as ENEA, the Italian National Agency for New Technologies, Energy and Sustainable Economic Development and ADM, the Italian Customs and Monopolies Agency. Within the TRICK Consortium there is the Quadrans Foundation, a non-profit organisation under Swiss law that conducts research and development of the Quadrans blockchain: an open-source, public, decentralised smart-contract-based blockchain with a specific focus on the needs of industry, complex supply chains, and IoT devices. For its unique characteristics, the Quadrans blockchain has been chosen to be a central technology for the TRICK infrastructure and the Quadrans Team, together with UBITECH, is committed to leading the "Design and Implementation of Blockchain Integration and Interoperability" (Work Package 3 Tasks 3.3). As Quadrans works together with the TRICK Consortium, the main goal of the partnership is to create a safe, secure, and reliable blockchain-based platform that will help standardise the services for the textile and food industry across Europe. The project aims at the development of a complete, SME-affordable and standardised platform for data collection, secured by blockchain technology, to enable enterprises to collect product-secured data, combined with a marketplace including the needed services and the data generated, open to third parties' certified solutions and business models. As many businesses are concerned with data privacy and confidentiality, the TRICK Project will use Quadrans blockchain technology and smart contracts to ensure all information is protected and secured. Additionally, access to data will vary across levels, with information available only to those with specific permissions. TRICK's Development Progress TRICK Project blockchain-based data collection platform has now reached a crucial design phase. Quadrans made progress with the activities for the integration and interoperability by utilizing Truebit, an additional blockchain enhancement that enables Smart Contracts to securely perform complex computations in standard programming languages, at reduced gas costs on Quadrans blockchain. Thanks to Truebit integration the infrastructure design and implementation for interoperability can achieve: A cross-chain transaction involving consensus mechanism and smart contracts; Data authenticity, integrity, and provenance to be verified on-chain and cross-chain. The official documentation relating to the Work Package (WP3) Tasks 3.3 is being processed and will be delivered to the European Commission by mid-October. This document will present the methods of using Truebit for the resolution of all the tasks of WP3- 3.3 and will be submitted to the EU which will approve it within 60 days. About TRICK Project TRICK focuses on affordability as many small businesses run into financial issues when it comes to making the change to complex technologies (e.g. blockchain) and expects to close this gap by offering its information systems management platform and supporting supply chain standardisation across the European textile and food market. TRICK plans to use its experience, along with collaboration and cooperation from various academic partners, government agencies, and institutions to provide a blockchain-based model to the textile and food industry. Overall, the intention is to provide a much-needed improvement on the already existing process, which is lacking in many areas: counterfeiting of products and greenwashing techniques are amongst the widely reported. Lastly, TRICK expects to drive awareness around its implementation by providing a strategic roadmap to key stakeholders. Doing so will establish legal standards, processes, and methodologies necessary to lend credibility to these guidelines. What will happen next? In December this year, all TRICK members will demonstrate the platform's developments to the European Union, during which the Quadrans Team will present the use of Truebit in detail. Once the document has been delivered and validated by the EU, it will then be published on the TRICK-Project website, in the official project documentation, under "Deliverables". Social Links of TRICK Project LinkedIn: https://www.linkedin.com/company/trickproject/ Instagram: https://www.instagram.com/trick_project/ Social Links of Quadrans Twitter: https://twitter.com/quadrans Telegram: http://t.me/quadrans Discord: https://discord.gg/KTp8J2X2q6 GitHub: https://github.com/quadrans/ Medium: https://medium.com/quadrans Media Contact Brand: Quadrans Contact: Media team Email: fondazione@quadrans.io Website: https://quadrans.io/ SOURCE: Quadrans The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
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Magic Club NFT Announces the Launching of the Latest Landing Page SeaPRwire

Magic Club NFT Announces the Launching of the Latest Landing Page

The Magic Club NFT project, which focuses on actual usage of their governance token, opens a website landing page. Seoul, Korea, September 16, 2022 – (SEAPRWire) – Magic Club, NFT project promoted by the Adam Gallery Foundation in Singapore, said they opened a landing page ( magicclub.io ) on September 15 ahead of the launch of three key projects: “Magic Club NFT Marketplace”, “Magic Club NFT” and “Magic Shoes(M2E)”. Despite the Crypto Winter, the outlook for the blockchain market is still optimistic. According to the Bloomberg report, one-third of NFTs are useless and the other one-third are sold at low cost, so more than half of them eventually fail. However, at the same time, projects like Moonbirds got $280 million in transactions in just two days, surpassing a total of $477 million, showing that projects with great utility are sure to succeed. In the end, when valuable NFTs are linked with tokens with many usages, the future of the project will be bright despite the crypto winter and the bear market. Adam Gallery’s main project, Magic Club, has a philosophy that “the usage of tokens is the core of the project.” Magic Club’s representative said, “It is a key proposition of the Magic Club team that we should be able to present practical benefits by connecting to the real economy,” adding, “We expect to realize our philosophy and get closer to customers through this landing page opening.” The main move that Magic Club will present is to attract projects with solid usage and revenue models such as Play to Earn (P2E) and Move to Earn (M2E). For this purpose, Magic Club has built a strong reward system with the ecosystem of ‘Magic Club NFT Marketplace’, ‘Magic Club Universal NFT Project’, and ‘Magic Shoes (M2E). First of all, “Magic Club NFT Marketplace” is an open exchange where anyone can freely and conveniently trade NFT projects, and users’ contributions to the ecosystem are measured as points and paid with MCT tokens every week. In the trading activity pool, both buyers and sellers can receive points proportional to the transaction amount based on the conclusion of the transaction, and in the social activity pool, they can receive points that can exchange tokens only with reference activities. The MCT token, which is the core of the reward system, is a general-purpose token that connects all projects of the Magic Club, which allows users to pay freely at the Magic Club NFT Marketplace. Since it can be connected to the partner company’s projects, the actual usage will be endless, and the connection with the Play to Earn (P2E) and Move to Earn (M2E) revenue models is also planned. Transparency and reliability through the progress of DAO resolutions using MCT by users in the ecosystem were not missed. In addition, MCT tokens will not be issued additionally after initial issuance, but will drive the value of tokens by adjusting the supply through a burning mechanism approved by the DAO. Magic Club NFT is a unique NFT of Magic Club and consists of four dokkaebi gods. It has the meaning of encompassing all ages. In addition, the character’s own work is highly praised as a work made with high-quality illustrations. The four characters are in line with the philosophy of the MAGIC CLUB project, which says that community users who fail to invest in cryptocurrency will be given wealth and honor through Magic Club NFT. Lastly, ‘Magic Shoes (M2E)’ is a project that combines global values that value environmental protection. Instead of using fumes-producing vehicles, you can purchase MAGIC SHOES NFTs and make money while protecting the environment through GPS-based activities. It can be applied not only to walking, running, but also to hiking and biking. Magic Club plans to update the service that can be checked in their own language from anywhere in the world based on the access IP soon, and plans to conduct NFT minting in October. Details will be posted on Discord. ( https://discord.gg/8BWsjJCTTX ) Social Links Facebook: https://www.facebook.com/Magic-Club-105759395603782 Twitter: https://twitter.com/magic_club_io Linkedin: https://www.linkedin.com/in/magicclub-io-01182a24a Instagram: https://www.instagram.com/magic_club_io/ Medium: https://medium.com/@Magic_Club Telegram: https://t.me/magicclub_io Discord: https://discord.gg/8BWsjJCTTX Media Contact Brand: ADAMGALLERY PTE. LTD. Contact: Johnny Lee, Marketing Team Assistant Manager E-Mail: info@magicclub.io Website: https://www.magicclub.io/ SOURCE: ADAMGALLERY PTE. LTD. The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)
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Comprehensive Power Purchase Agreement Online Workshop is Now Open for Registration ACN Newswire

Comprehensive Power Purchase Agreement Online Workshop is Now Open for Registration

Singapore, Sep 12, 2022 - (ACN Newswire via SEAPRWire.com) - Infocus International Group, a global business intelligence provider of strategic information and professional services, has set the new dates for Power Purchase Agreement (PPA) online workshop and commenced live on 30th August 2022 and 16th January 2023. There are many moving pieces affecting the future of electric power development in emerging markets. Unlike the past Independent Power Project models, which featured standardised take-or-pay contracts - today's market demands more innovative incentives to ensure better availability, better performance, as well as more attractive and sustainable mixtures of fuel sources. Economies throughout developing countries urgently need to master the key tools, models, and lessons learned for transforming and strengthening today's electricity sector. These include the latest models in negotiating PPAs, in designing and managing new competitive power markets, as well as attracting the right mix of renewable energy sources.Throughout the five sessions, it provides attendees clear explanations of the new models of PPAs risk allocation, of designing and managing competitive power markets, attracting private investments in renewable energy, through a series of real case examples of contracts and markets. Case Studies will include real examples from Africa, Middle East, Asia, Europe and North America. Furthermore, cases stimulate independent thinking and discussion among participants.Past participant from Energy Commission Malaysia shared, "The course on PPA has really broadened my understanding of how a bankable PPA should be. It covers all aspects of it.""The course was an eye-opener for me as it clarified for me the parties & responsibilities as much," said past participants of Enel Green Power.Book your seat now and discover valuable lessons to be learned from the European experience.Course Sessions1. Utility and corporate renewable PPA structures2. PPA risk assessment and valuation3. PPA pricing4. PPA contracts and risk mitigation5. Financing and PPA negotiationsBenefits of Attending:- Learn about all the essentials of corporate renewable PPAs- Perform a policy and risk analysis of PPA contracts- Learn theory and practice of pricing and tariff design- Run a risk assessment- Evaluate different risks and mitigate these risks under the PPA- Lead successful power project finance transactions- Negotiate fair and sustainable PPAsWant to learn more?Simply email emilia[at]infocusevent.com or call +65 6325 0210 to obtain your FREE COPY of the event brochure. For more information, please visit www.infocusinternational.com/ppa-onlineAbout Infocus International GroupInfocus International is a global business intelligence provider of strategic information and professional services for diverse business communities.Infocus International recognises clients' needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights.Emilia MokTel: +65 6325 0210Email: emilia[at]infocusevent.comWebsite: www.infocusinternational.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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