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Redx Pharma achieves milestone with dosing of first participant in Phase 1 clinical trial for RXC008

Redx Pharma PLC

Redx Pharma PLC (AIM:REDX) CEO Lisa Anson discusses the enrollment of the first participant in its RXC008 Phase 1 clinical trial in an interview with Proactive's Stephen Gunnion. RXC008 is a 'first-in-class' ROCK inhibitor, designed to be gut-restricted, targeting fibrostenotic Crohn's disease. This oral molecule inhibits ROCK1 and ROCK2, aiming to avoid systemic side effects like hypertension, and providing targeted action in the gut. This development marks a significant step from laboratory to patient-focused clinical development. Anson highlighted the unmet need for Crohn's disease treatment, particularly for patients with fibrostenotic complications, where currently no drug treatments are available, leaving surgery as the only option. The next steps for the RXC008 programme include escalating doses in healthy volunteers, with plans to move into patient trials towards the end of the year. Additionally, Anson mentioned Redx Pharma's broader portfolio, noting that RXC008 is the sixth molecule from Redx to enter clinical trials, showcasing the company's drug discovery prowess. Other key developments include the Phase 2 trials of RXC007 for lung fibrosis and RXC004 for cancer, both expected to report data this year. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

March 08, 2024 05:46 AM Eastern Standard Time

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News Release

4 Top Stocks For The AI Revolution

SKYX, MBLY, SOUN, NVDA

This year will be a pivotal year for the future of AI, as researchers and enterprises seek to establish how this evolutionary leap in technology can be most practically integrated into our everyday lives. With the growing popularity of consumer generative AI programs like Google’s Bard and OpenAI’s ChatGPT, the generative AI market is poised to explode, growing to $1.3 trillion over the next 10 years from a market size of just $40 billion in 2022, according to a new report by Bloomberg Intelligence (BI). For investors looking for unconventional opportunities in AI with the potential for long-term growth, one company that stands out is SKYX Platforms Corp. (NASDAQ:SKYX). The company is on an ambitious mission to make homes and buildings smart, advanced, and safe as the new standard by leveraging its proprietary patented platform technologies for smart home and electrical installations, including its new game-changing all-in-one smart home platform technology. SKYX’s smart home game-changing technologies have won seven CES awards (Consumer Electronic Shoe) in the past 12 months. SKYX’s disruptive high-end all-in-one smart platform enables new and existing homes or buildings to become smart instantly, while significantly simplifying, saving time-cost and lives. This is possible for the first time in history thanks to the firm's patented technology called Sky Plug-Smart, which is designed for “plug and play” installation of weight-bearing electronics such as light fixtures, ceiling fans, and other electrical products. The plug fits into SKYX’s ceiling receptacle, called the SKYreceptacle, which provides a novel way for home and building owners to wire electrical outlets. While it is not Nvidia’s new AI chips, this is revolutionary, and its unique location on the ceiling will maximize the performance of AI chips among other smart home integrated products and software. Base on its safety aspects for first time in 120 years, the definition of the electrical receptacle was changed in the NEC Code Book to include the Sky Ceiling Receptacle, and this could perhaps be the most significant addition to the NEC Code in the past 40 years. To put that in better context, consider this: Safety is a major area of concern when it comes to electrical and smart home installation, and existing data shows that the wiring of light fixtures and ceiling fans results in millions of hazardous annual installations. In fact, research conducted from 2015 to 2019 by the National Fire Protection Association (NFPA) showed that lighting products accounted for 430 civilian deaths per year, not including shocks and electrocutions, fires, and ladder falls. The sky receptacle creates a new electrical ceiling safety standard that limits potential exposure to wires by cutting down on 80% of the time needed to touch wires during the first installation and completely eliminating the need to touch outlet electrical wires after the first installation. It also saves approximately 90% of the time on a ladder. ANSI / NEMA (American National Standardization Institute / National Electrical Manufacturing Association), whose recent vote to approve Sky’s Ceiling Receptacle Specifications further reaffirms the product’s potential to become a major disruption to the electrical installation industry. Additionally, the American Institute of Architects (AIA) voted to include SKYX in their annual mandatory continuing education systems course for 94,000 architect members as part of annual license renewal training. With all these professional bodies giving SKYX a nod of approval, it’s easy to see why its proprietary technology could become the new standard for home and building electrical installation and also instrumental in helping the company make inroads in AI. The SkyPlug and Receptacle are the foundations that create a platform for all fixture types and integration possibilities. Think smoke and carbon monoxide detectors, premium smart speakers, color-changing room ambiance and night lights, emergency internet, house intercom features, and more. All these products can then be linked to the SkyHome application that works with both iPhones and Android phones to control features and specifications of connected devices, such as scheduling and eco/energy-saving mode. It also integrates with AI home assistants Siri, Alexa, Google Home, Samsung SmartThings, Cortana, and more. Parks Associates research shows that in the US, internet households now own an average of 16 connected devices, an increase from 13 connected devices in 2021, and SKYX is well positioned to benefit from this trend. With this massive opportunity spanning every room, recent figures put the TAM at $500 billion in the US alone. This explains why GE Technology Development, Inc. ("GE") recently signed a five-year renewal global licensing master service agreement to license certain SKYX advanced and smart technologies in the U.S. and worldwide. Mobileye Global Inc. (NASDAQ:MBLY) offers best-in-class technology for advanced driver-assistance systems (ADAS) and is like the Nvidia of the automotive industry. The company controls nearly 70% of the world's advanced driver assistance system (ADAS) market, making it attract considerable attention from AI investors. Its systems use cameras, sensors, and Mobileye's own EyeQ computer vision chips to add assisted parking, single-lane cruising, and other semi-autonomous features to cars. The newest "SuperVision" version of its system supports hands-free navigation capabilities and the future development of fully autonomous vehicles. Mobileye recently released the 4Q23 results with a number of interesting highlights. The results were mostly in line with prior guidance, as the top line grew 13% from the prior year to $637 million, which was at the high end of its preliminary revenue guidance, while total adjusted operating income came in at $247 million, or 38.8% margins, which was also at the high end of its preliminary guidance of $241 million–$247 million. Unsurprisingly, SuperVision volumes in 4Q23 came in at 38,000 units, up from 29,000 in 3Q23, but what perhaps stood out the most was that Mobileye managed to significantly diversify its revenues from predominantly Chinese and electric vehicle customers to a wide range of OEMs in terms of geography. SoundHound AI (NASDAQ:SOUN) initially targeted music recognition before leveraging its capabilities to expand into adjacent verticals. The company now believes that AI-driven customer service will be essential for every business in the future and that voice will be the primary means of interacting with devices. To better illustrate this opportunity, a recent report revealed that Klarna’s AI assistant was reportedly able to handle two-thirds of customer queries in its first month, the equivalent of 700 full-time agents, with preliminary estimates indicating that this could lead to a $40 million cost savings in 2024. Taking the recent popularity of voice assistants with conversational abilities into consideration, the company’s December acquisition of SYNQ3, a leading voice AI solutions provider in the restaurant industry, ties well with SoundHound’s long-term AI strategy and should further drive revenue growth. Major companies in the restaurant and automotive industries have already shown increasing interest in SoundHound's artificial intelligence (AI) powered voice technology. In fact, the company reported revenue growth of 80% year over year in Q4 23, an acceleration over the previous quarter's 19% growth rate, while it posted a gross margin of 77% in the period, up from 71% in the prior-year period. Despite the recent pullback in SoundHound’s stock, the company's share price is still up roughly 183% in 2024 following soaring demand for the company's AI voice solutions, in addition to the news that AI chip leader Nvidia made a small investment in the company. Nvidia (NASDAQ:NVDA) is the leading maker of chips that power one of the most important aspects in the field of AI, which is deep learning. To effectively do this, speed is crucial, and that's where Nvidia's chips come in. The company's graphics processing units (GPUs) are the fastest on the market by far, making them the preferred choice for the world's major technology companies that are building AI models. For example, earlier this month, Meta CEO Mark Zuckerberg told The Verge that Meta was building a huge stockpile of GPUs, with the company aiming to amass a total of 600,000 chips by the end of the year. Elon Musk said that Tesla would spend more than $500 million on Nvidia AI chips alone in 2024, and while that obviously looks like a large sum of money, it is only equivalent to a $10,000 H100 system from Nvidia. Thanks to this unbelievable GPU demand, Nvidia's growth has been phenomenal. The company grew its revenue by an incredible 265% in Q4 to $22.1 billion, with Data Center revenue soaring 409% to $18.4 billion. Late last month, Nvidia became the fifth publicly traded company to ever surpass $2 trillion in valuation, just nine months after it became the ninth to ever break $1 trillion. CapitalGainsReport (CGR) is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. CapitalGainsReport (CGR) is owned by RazorPitch Inc. and has been retained by SKYX Platforms Corp. to assist in the production and distribution of content related to SKYX. 'CGR' is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by CapitalGainsReport/RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. CGR/RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details CapitalGainsReport Mark McKelvie +1 585-301-7700 markrmckelvie@gmail.com

March 08, 2024 05:00 AM Eastern Standard Time

Simplifying and Elevating GraphQL to New Heights: Grafbase’s Strategic Leap in Enterprise Adoption

PlatoData

~ Grafbase is leading the GraphQL revolution by providing a modern developer experience for building and deploying high-performance APIs. ~ With the advent of Federated Graphs, Grafbase allows composing multiple, independently deployed GraphQL APIs into a single endpoint. ~ The platform sets new standards in the GraphQL ecosystem with TypeScript SDK, Edge Caching, advanced security, real-time analytics, and more. New York, March 7, 2024 - ( PlatoData via 500NewsWire) -- According to a report by Gartner, the adoption of GraphQL has been on an increasing trend, from less than 10% in 2021 to over 50% by 2025. Demand for GraphQL has been growing exponentially and yet its implementation in enterprise settings has been marred by complexity and time consumption. Recognizing these challenges, Grafbase emerges as a beacon of innovation, offering a comprehensive solution that streamlines and simplifies the GraphQL API development process. Grafbase is strategically positioned at the forefront of this technological evolution by providing a modern developer experience to build and deploy high-performance GraphQL APIs. Furthermore, the advanced platform supports the composition and connection of data sources across microservices using GraphQL Federation. Recently, the San Francisco-based tech startup introduced Federated Graphs, a significant enhancement that allows composing multiple, independently deployed GraphQL APIs into a single endpoint. Grafbase empowers not just individual developers but entire enterprises by enabling them to leverage GraphQL technology more effectively. At the heart of Grafbase's offering is its TypeScript SDK, a tool designed to resonate with modern developers' needs. TypeScript, known for its scalability and developer-friendly syntax, makes Grafbase an ideal platform for building robust and efficient applications. "GraphQL adoption is on the rise, but building and deploying GraphQL APIs remains complex and time-consuming," says Fredrik Björk, Founder & CEO of Grafbase. " Grafbase addresses this by offering a modern developer experience, simplifying GraphQL development, and accelerating market readiness for companies eager to adopt GraphQL." The recent introduction of GraphQL Operation Analytics at Grafbase is a testament to the company's commitment to innovation. This feature provides users with real-time insights into their GraphQL operations, enhancing understanding and efficiency. Grafbase distinguishes itself in the market with features designed for high performance and efficiency. Its Edge Deployment capability ensures operations are executed with minimal latency, enhancing user experience. Additionally, the GraphQL Edge Caching feature boosts global application performance. The platform is at the forefront of innovation, introducing next-generation Connectors. These Connectors, designed for seamless integration with microservices, databases, and third-party APIs into GraphQL APIs, are setting new benchmarks in the industry. Choosing Grafbase is not just about meeting current needs; it's about investing in a technology that remains relevant and beneficial in the long term. Grafbase's capability to convert REST APIs to GraphQL APIs, along with advanced security standards, makes it a forward-looking option for companies preparing for the future. As the digital landscape rapidly evolves, Grafbase is poised to lead the GraphQL revolution, providing innovative solutions that not only keep pace with change but drive it. About Grafbase: Grafbase is a powerful data platform designed specifically for developers. It offers cutting-edge tools and features that make it easier and faster to deploy GraphQL APIs. Grafbase aims to streamline the entire development process, enabling developers to focus on building robust and scalable applications. Whether you're a developer or an enterprise, Grafbase is a platform for anyone looking to create high-performance backends quickly and efficiently. URL: https://grafbase.com/ HQ Address: 3039 Octavia Street, San Francisco, CA 94123 Contact Details Grafbase fredrik@grafbase.com

March 07, 2024 04:55 PM Eastern Standard Time

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Copper Property CTL Pass Through Trust Issues Monthly Reporting Package for February 2024

Copper Property CTL Pass Through Trust

Copper Property CTL Pass Through Trust (“the Trust”) has filed a Form 8-K containing its monthly report for the period ended February 29, 2024. An aggregate total distribution of $7.72 million or $0.102873 per trust certificate will be paid on March 11, 2024, to certificateholders of record as of March 8, 2024. Additional information, including the Trust’s Monthly and Quarterly Reports, as well as other filings with the Securities and Exchange Commission (“SEC”) can be accessed via the Trust’s website at www.ctltrust.net. About Copper Property CTL Pass Through Trust Copper Property CTL Pass Through Trust (the “Trust”) was established to acquire 160 retail properties and 6 warehouse distribution centers (the “Properties”) from J.C. Penney as part of its Chapter 11 plan of reorganization. The Trust’s operations consist solely of owning, leasing and selling the Properties. The Trust’s objective is to sell the Properties to third-party purchasers as promptly as practicable. The Trustee of the trust is GLAS Trust Company LLC. The Trust is externally managed by an affiliate of Hilco Real Estate LLC. The Trust is intended to be treated, for tax purposes, as a liquidating trust within the meaning of United States Treasury Regulation Section 301.7701-4(d). For more information, please visit https://www.ctltrust.net/. Forward Looking Statement This news release contains certain “forward-looking statements”. All statements other than statements of historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “our vision,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other variations thereof or comparable terminology and include, but are not limited to, the Trust’s expectations or beliefs concerning future events and stock price performance. The Trust has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Trust believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. These factors, including those discussed in the Trust’s Registration Statement on Form 10 filed with the Securities and Exchange Commission (the “SEC”), may cause its actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. For a further list and description of such risks and uncertainties, please refer to the Trust’s filings with the SEC that are available at www.sec.gov. The Trust cautions you that the list of important factors included in the Trust’s SEC filings may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this news release may not in fact occur. The Trust undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Contact Details Jessica Cummins - Investor Relations +1 847-313-4755 jcummins@hilcoglobal.com Company Website https://ctltrust.net/about/default.aspx

March 07, 2024 04:46 PM Eastern Standard Time

Rabbis Blast Anti-Defamation League CEO Greenblatt for ‘Slanderous’ Attacks

NLPC

The Coalition for Jewish Values (CJV), an organization of 2,500 rabbis, has joined the chorus of complaints about Jonathan Greenblatt, the CEO of the Anti-Defamation League (ADL). Even as antisemitism flares around the globe and Israel faces unprecedented threats, Greenblatt has been trashing American conservatives, using ADL’s good name to promote his domestic partisan goals. “The ADL appears as concerned with a target’s politics as whether he or she is actually hateful—much less antisemitic,” said Rabbi Avrohom Gordimer, Chairman of the CJV Rabbinic Circle. Greenblatt’s latest assault was on the Conservative Political Action Conference (CPAC), recently held in Washington, D.C. CJV criticized his “slanderous” attacks on what took place at the event, which Greenblatt likened to the rants of Nation of Islam’s Louis Farrakhan. By all accounts, CPAC was a strongly pro-Israel event. As the CJV pointed out, NLPC got a taste of the ADL’s bias in November, despite our long history of fighting antisemitism: In November the ADL issued a statement implying that two policy organizations, the National Center for Public Policy Research and the National Legal and Policy Center, employed “conspiracy theories or conspiratorial language… that could be interpreted as an antisemitic dog whistle.” Both of these organizations are robust fighters for Israel and against antisemitism. This smear of NLPC was in the form of a posting on the ADL website on November 21 titled “Conspiracy Theories, Some With Antisemitic Roots, Crop Up in 2023 Shareholder Proposals.” ADL cited as evidence that NLPC and our ally, the National Center for Public Policy Research, are critical of “globalism” and “globalist organizations” like the World Economic Forum. The ADL gave a clue that it knew its own attack was groundless when it also included this disclaimer: At this time, there is no evidence to suggest that either organization’s agents espouse overt antisemitism, or that these proposals were filed with antisemitic intentions. Elle Krasne-Cohen in a recent opinion piece distributed by the Jewish News Service, also has come to NLPC’s defense. She wrote: More recently, the ADL smeared two mainstream policy organizations—the National Center for Public Policy Research (NCPPR) and the National Legal and Policy Center (NLPC)—accusing them without evidence of antisemitism. We are grateful that our contributions to fighting antisemitism are being recognized. In case Greenblatt or anyone else is still confused, here is our track record: Ben & Jerry’s- When the Unilever subsidiary Ben and Jerry’s announced in 2021 that it would end ice cream sales in “Occupied Palestinian Territory,” NLPC swung into action, launching the StopBenandJerrys.org website. In September 2021, NLPC filed a Complaint with the Internal Revenue Service (IRS) against Anuradha Mittal, the anti-Israel chair of the Ben & Jerry’s board of directors. A few weeks later, she was named 2021 “Antisemite of the Year” by the website StopAntisemitism.org. Mittal appeared to have violated laws governing self-dealing by acting as a trustee of the Ben & Jerry’s Foundation while approving donations to her personal nonprofit where she is executive director taking a full-time salary. Also, the president of Ben & Jerry’s charitable foundation, Jeff Furman, steered more than $100,000 of its funds to his own nonprofit organization. In the wake of the October 7 Hamas attack, Flaherty wrote an op-ed titled, “Unilever, Ice Cream and Antisemitism.” Unilever Divestment- NLPC was a proponent of Unilever divestment efforts in New York, New Jersey, North Carolina and Virginia. From the September 16, 2021, New York Times: “We are doing this because somebody has to hold the independent board of Ben & Jerry’s accountable for their anti-Semitic use of their platform and company resources,” said Tom Anderson, a director of the National Legal and Policy Center. NLPC collaborated with activist investor Michael Asher in support of Unilever divestment by New York State and New York City. In Virginia, Flaherty met with State Attorney General Jason Miyares and urged him to seek divestment of state funds from Unilever. In North Carolina, NLPC asked Treasurer Dale Folwell to divest Unilever holdings from public pension funds. Black Lives Matter & Patrisse Cullors- As a result of original NLPC research, Black Lives Matter Global Network Foundation co-founder Patrisse Cullors was forced to resign from the group in 2021. NLPC’s allegations, detailed in a Complaint to the IRS, related to her purchase of four pieces of real estate, and apparent self-dealing and inurnment. NLPC has also emphasized Cullors’ 2015 call at Harvard Law School for individuals to “step up boldly and courageously to end the imperialist project that’s called Israel.” NLPC was early in reporting about Black Lives Matter’s (BLM) links to anti-Israel groups. In 2016, Carl Horowitz, then a member of the NLPC staff, wrote a website post titled “Black Lives Matter Activists Join Anti-Israel Boycott.” Following October 7, NLPC asked Visa, Inc. to remove its BLM endorsement from its website and condemn Hamas and antisemitism. We had raised the BLM issue earlier in the year at the company’s shareholders’ meeting. NLPC had also raised the issue of Coca-Cola’s support for BLM at the company’s annual meeting. ADL’s Omar Resolution- NLPC has been a persistent critic of Reps. Alexandria Ocasio-Cortez, Ilhan Omar, and Rashida Talib. While we have cited financial irregularities in a Federal Election Commission complaint against Ocasio-Cortez and a House Ethics Committee complaint against Omar, NLPC has also criticized hostility to Jews by these members. In 2019, NLPC endorsed and publicized the ADL-initiated House resolution condemning Omar. See this op-ed titled “Antisemitism and Islamophobia: No Moral Equivalence” by Horowitz. Foreign Funding of U.S. Higher Education- The recent spate of on-campus antisemitic incidents has shed light on the issue of foreign financial support for American colleges and universities, an issue that NLPC has investigated and publicized for several years. See this column by Charles Gasparino that extensively quotes NLPC Counsel Paul Kamenar. Al Sharpton- Whereas the present leadership of the ADL has sought to erase Sharpton’s past, NLPC will not forget his incitements in the 1991 Crown Heights riots, in which a Jew was murdered, nor will we forgive his dangerous statements, such as “If the Jews want to get it on, tell them to pin their yarmulkes back and come over to my house.” Sharpton was fined $285,000 in 2005 by the Federal Election Commission as a result of an NLPC Complaint for running an “off the books” presidential campaign. For several years, NLPC raised the issue of support for Sharpton’s National Action Network (NAN) at the shareholders’ meetings of American corporations, including PepsiCo, Anheuser-Busch and Colgate-Palmolive. Unlike the ADL, NLPC has never used the fight against antisemitism as a partisan weapon. In 2010, NLPC objected to the sponsorship of Sharpton’s National Action Network annual meeting by the Republican National Committee (RNC) and the participation of then-RNC Chairman Michael Steele. In 2009, NLPC asked former House Speaker Newt Gingrich to end his partnership with Sharpton in a campaign for “education reform.” That same year, NLPC criticized then-President George W. Bush for praising Sharpton. Jesse Jackson- In 2005, the New York Stock Exchange ended its financial support for Jackson’s Citizenship Education Fund, in response to a demand by NLPC that cited Jackson’s 1984 “hymie” and “Hymietown” comments, as well as financial improprieties involving the Fund. And if none of this is good enough for Greenblatt, it should be noted that NLPC has many Jewish supporters, including prominent individuals and former government officials, several of whom serve on the boards of local and national Jewish organizations. From 2001 to the time of his death in 2019, Edward M. Ackerman of Dallas was a key advisor and major donor to NLPC. His legacy is carried on today by NLPC and the Ackerman Center for Holocaust Studies at the University of Texas at Dallas. The ADL itself has partnered with the Ackerman Center. Founded in 1991, the National Legal and Policy Center promotes ethics in public life through research, investigation, education and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

March 07, 2024 04:19 PM Eastern Standard Time

Astral Resources delivers best gold assays to date at Feysville

Astral Resources NL

Astral Resources NL (ASX:AAR) managing director Marc Ducler sits down with Jonathan Jackson in the Proactive studio to highlight recent assays from its Feysville Gold Project, 14 kilometres south of Kalgoorlie, Western Australia. Ducler talks through the latest gold intersections from the project's Kamperman prospect. The initial four holes in a recent 19-hole reverse circulation drilling program have demonstrated significant gold mineralisation. The standout result from hole FRC267 showcased the most substantial high-grade gold intersection at Kamperman to date, reporting 35 metres at 3.81 g/t from 86 metres. These findings not only affirm Astral Resources' confidence in Kamperman's potential but also hint at its capability to serve as a high-grade satellite ore source for the Mandilla Gold Project. Ducler expressed satisfaction with the consistent quality of mineralisation across the length of the mineralised zone, underscoring the prospect's potential. With results from 15 more RC holes anticipated, he hinted that the best outcomes may be yet to come. “These latest RC results from the first four holes of a 19-hole drill program have further reinforced the potential scale and grade of the recently discovered Kamperman Prospect at Feysville," Ducler said. "To have returned the widest, highest-grade intersection seen at Kamperman to date with such consistent gold mineralisation down the length of the reported mineralised zone, was especially pleasing." Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

March 07, 2024 03:30 PM Eastern Standard Time

Botala Energy addresses Botswana’s gas supply/demand issues

BOTALA ENERGY LTD

Botala Energy Ltd (ASX:BTE) energy development manager Dr Steve Lennon joins Proactive’s Jonathan Jackson to share his extensive expertise on the pressing gas supply and demand challenges facing Botswana. With a distinguished career in energy management, Lennon brings a wealth of knowledge and leadership experience to the table, emphasising the critical role Botala Energy plays in addressing these issues. Botswana's gas market is at a pivotal point, grappling with the growing energy needs of its economy and the complexities of securing sustainable gas supplies. Dr Lennon outlines the intricate dynamics of the local gas market and elaborates on Botala Energy's strategic position in this landscape. Dr Lennon highlights how Botala Energy is poised to contribute significantly to meeting Botswana's increasing energy requirements. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

March 07, 2024 03:15 PM Eastern Standard Time

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Kevel Secures Series C Funding and Names Puja Rios as President/COO, Expanding its C-Suite team

Kevel

Kevel, the API led ad serving company, is announcing it has raised $23M in Series C funding. This round of funding was led by Series B investor Fulcrum Equity Partners with investment from Godwin Capital Group, Iberis Capital, Dunnhumby Ventures, as well as continued participation from Commerce Ventures. The new funding allows Kevel to deepen its retail media focus and drive advanced product innovation to retailers and marketplaces offering on-site retail media ad products. “What makes retailers different from traditional publishers is that they have unique 1st party data and closed loop attribution,” stated James Avery, CEO, Kevel. “Kevel’s flexible API tools enable retailers to build differentiated retail media platforms leveraging their unique attributes to provide advertisers with innovative, cutting edge decisioning, ad formats, targeting, and site performance, all while keeping their data safe and secure at scale.” In order to effectively expand further into the retail media market and continue to serve its retailers, Kevel is announcing the expansion of its senior leadership team with the addition of former Frame.io Chief Revenue Officer Puja Rios joining the company as President / COO. Her strategic appointment comes at a critical time for the business as it looks to capitalize on the retail media momentum, with ad spend expected to increase 10.4% to $141.7 billion in 2024. With over 25 years of experience in the software industry, Rios has a proven track record of scaling revenue, building high-performance teams and delivering stellar results. Rios focus will centralize around the next phase of growth for Kevel, expanding the company’s client base further into the retail media sector. “ Kevel’s success and innovation in the retail media market reflects its relentless pursuit of pushing boundaries to deliver a solution that not only meets but exceeds the expectations of its customers,” commented Rios. “I am proud to join a company where innovation knows no bounds and where we are redefining what's possible in the ever-evolving landscape of retail media.” This heightened focus on retail media comes at a pivotal time for the billion dollar retail advertising industry as it enters the age of differentiation. Retailers and marketplaces are striving to capture advertiser demand for inventory, flexibility and maximum ROI by offering the best mix of data targeting, ad formats and measurement while balancing the preservation of their brand, data assets and shopper experience. Avery continued, “We see a large shift in the retail media landscape as brands focus on doubling down on the retail media networks that are delivering value, and cutting back from the retail media networks that are commoditized. This is pushing retailers to invest in moving from off the shelf solutions to building high-end, differentiated retail media networks. Adding Puja to our team is going to enable us to scale with more retailers and help them in their quest to earn their spot on the media plans of the largest brands in the world." For more information about Kevel, please visit www.kevel.com About Kevel Kevel powers innovative, flexible ad tech infrastructure APIs that fuel its ad serving solutions. It’s unique offering empowers multi-brand retailers to launch differentiated retail media networks that improve the shopper experience while maintaining total control of their first-party data. Kevel believes that every digital retailer should have the capability to scale their own distinct ad platform, just like big tech players like Amazon. Customers like Edmunds, Klarna, Delivery Hero, Leroy Merlin, Slickdeals, and other leading retailers and marketplaces all launched their own retail media network with Kevel. The company has garnered numerous accolades, most recently earning recognition as one of the leading 100 innovative tech start-ups driving the future of brand-to-consumer in 2023 and awarded the MarTech Breakthrough Award for best overall ad tech company in 2022. Learn more at www.kevel.com Contact Details Kevel Jennifer Choo +1 973-343-8819 jchoo@kevel.com

March 07, 2024 02:43 PM Eastern Standard Time

New Edition of Retirement Management Journal Published by Investments & Wealth Institute

Investments & Wealth Institute

The latest edition of the Retirement Management Journal — a distinguished, double-blind peer-reviewed journal devoted to retirement and retirement-income planning has been published by the Investments & Wealth Institute (Volume 12, Number 1, 2023). Award-winning financial journalist and retirement management expert Robert Powell, CFP®, RMA®, continues his role as long-time editor-in-chief, overseeing the contributions of a distinguished set of industry luminaries and academic experts. Available via annual online or print subscriptions, the Retirement Management Journal helps sophisticated advisors gain new insights and advanced strategies to help their clients navigate the complexities of the modern retirement landscape. “This issue of the Retirement Management Journal is characteristically rich in its offerings of scholarly articles, book reviews, and expert discussions,” said Mr. Powell. “Additionally, as part of our Visionaries Series, we are also delighted to showcase two exclusive, deep-dive interviews with a set of legends in the field of retirement planning: Annamaria Lusardi and J. Mark Iwry.” Ms. Lusardi is one of the most cited authors in contemporary financial literacy and founder of the Global Financial Literacy Excellence Center. In this interview, she recounts major milestones in her career, including her lasting contributions to the highly influential and widely respected Health and Retirement Study. Along the way, she reflects on the importance of promoting and embedding financial literacy into all aspects of our societies. Ms. Lusardi discusses ideas such as automatically enrolling people into pensions, adding measures of a citizen’s financial literacy to nationally collected statistics, and ensuring that all employers offer financial education in the workplace. Meanwhile, Mr. Iwry has been referred to as “one of the most constructive public servants in the United States.” His pedigree and professional accomplishments in affecting retirement plan law and policy include serving as senior advisor to the Secretary of the Treasury for national retirement policy, advising on and helping develop the SECURE and SECURE 2.0 Acts, and testifying to Congress 27 times both as a government official and as a private-sector expert. In his interview, Mr. Iwry provides readers with a fascinating, detailed history of his efforts to help Americans achieve financial and retirement security — even as the long-standing era of direct benefit pension plans waned in favor of defined contribution approaches. Another paper of note is “Optimal Spending and Portfolio Rules to Protect Desired Spending in Retirement.” Written by Professor Massimiliano De Santis, Ph.D., this paper proposes a novel retirement spending and investing strategy for retirees who wish to maintain, and potentially increase, spending power over time — while minimizing the risk of spending declines. De Santis’ strategy is multifaceted, including a spending rule that adjusts withdrawals based on portfolio performance, an asset allocation strategy that becomes more aggressive with higher excess wealth, and a consistent integration of spending and asset allocation adjustments. The inside front cover of this edition of the Retirement Management Journal introduces readers to the Chicago Booth RMA® Capstone experience, a new offering for retirement management professionals interested in earning the Retirement Management Advisor® certification from Investments & Wealth Institute. “As always, the contributions of the peer reviewers, the editorial advisory board, and particularly Debbie Nochlin, the Investments & Wealth Institute’s editorial director, have been integral to this edition of the Retirement Management Journal. Nochlin’s leadership and vision have been instrumental in bringing together all these valuable resources for professionals in retirement planning.” About the Retirement Management Journal The Retirement Management Journal is an annual academic publication of the Investments & Wealth Institute. The double-blind peer-reviewed publication is focused on retirement and retirement-income planning research and commentary. The target audience includes retirement and financial planning practitioners, policy experts, product designers, and academic researchers conducting studies related to retirement. The journal aims to advance knowledge and provide insights to help advisors develop strategies for their clients' successful transition into retirement and is designed in part to contribute to the body of knowledge in the Investment & Wealth Institute’s Retirement Management Advisor® certification program. A distinguished editorial advisory board consisting of academic scholars, industry practitioners, and policy experts reviews all submissions. The commentary provided by the authors who appear in the Retirement Management Journal does not necessarily represent the opinions of the Investments & Wealth Institute board of directors, staff, members, or the editorial advisory board of the publication. About the Investments & Wealth Institute Founded in 1985, the Investments & Wealth Institute is the premier professional association, education provider, and standards body for financial advisors. Through its award-winning events, publications, courses, and acclaimed certifications — Certified Investment Management Analyst® (CIMA®), Certified Private Wealth Advisor® (CPWA®), and Retirement Management Advisor® (RMA®) — the Institute delivers Ivy league-quality, highly practical education to more than 20,000 practitioners annually in over 40 countries. Members of the Institute include the industry's most successful investment consultants, advanced financial planners, and private wealth managers who embrace excellence and ethics in applying a broad set of knowledge and skills in their daily work with clients. Contact Details Investments & Wealth Institute Allison Edmondson +1 303-850-3207 aedmondson@i-w.org Company Website https://investmentsandwealth.org

March 07, 2024 02:04 PM Eastern Standard Time

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