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United Plumbing & Water Heaters: Transforming San Jose's Plumbing Services with Expertise and Innovation

Rev Up Marketers

United Plumbing & Water Heaters, a leading provider of plumbing and water heater services in San Jose, CA, is revolutionizing the local plumbing industry with its commitment to excellence, innovation, and customer satisfaction. This press release outlines the company's mission, services, and the unique value it brings to the residents of San Jose and surrounding areas. About United Plumbing & Water Heaters Founded with the mission to provide top-notch plumbing solutions, United Plumbing & Water Heaters has quickly established itself as a trusted name in the industry. The company offers a comprehensive range of services, including water heater installation and repair, general plumbing, sewer line services, and emergency plumbing. With a team of highly skilled and certified professionals, United Plumbing & Water Heaters is dedicated to delivering reliable, efficient, and cost-effective solutions to meet the diverse needs of its clients. Innovative Services and Solutions United Plumbing & Water Heaters stands out in the crowded plumbing market due to its focus on innovation and technology. The company utilizes advanced tools and techniques to diagnose and address plumbing issues, ensuring that problems are resolved quickly and effectively. Among its innovative offerings are: Tankless Water Heaters: Emphasizing energy efficiency and continuous hot water supply, tankless water heaters are a game-changer for homeowners. United Plumbing & Water Heaters specializes in the installation and maintenance of these systems, helping clients reduce energy costs and improve home comfort. Smart Plumbing Solutions: Integrating smart technology into plumbing systems, the company offers solutions that allow homeowners to monitor and control their water usage, detect leaks early, and prevent potential damage. Eco-Friendly Plumbing: Committed to sustainability, United Plumbing & Water Heaters provides eco-friendly plumbing options, including water-saving fixtures and systems designed to minimize environmental impact. Customer-Centric Approach At the heart of United Plumbing & Water Heaters' success is its unwavering commitment to customer satisfaction. The company believes in building long-term relationships with clients by providing transparent, honest, and personalized services. Key aspects of their customer-centric approach include: 24/7 Emergency Services: Plumbing emergencies can happen at any time. United Plumbing & Water Heaters offers round-the-clock emergency services, ensuring that help is available when needed most. Clear Communication: From the initial consultation to the completion of a project, the company's professionals maintain clear and open communication with clients, keeping them informed about the progress and any necessary adjustments. Upfront Pricing: Transparency in pricing is a core value. Clients receive detailed estimates before any work begins, eliminating surprises and ensuring that they are fully aware of the costs involved. Expert Team and Continuous Training United Plumbing & Water Heaters takes pride in its team of experienced and certified plumbers who are passionate about their work. The company invests in continuous training and professional development to keep its team updated with the latest industry standards and technologies. This commitment to excellence ensures that clients receive the highest quality service and the most effective solutions for their plumbing needs. Community Engagement and Support Beyond providing exceptional plumbing services, United Plumbing & Water Heaters is deeply committed to giving back to the community. The company actively participates in local initiatives, supports charitable organizations, and promotes sustainability efforts within San Jose. This dedication to community engagement underscores the company's belief in making a positive impact beyond its business operations. Contact Information For those in San Jose considering plumbing or water heater services, United Plumbing & Water Heaters offers expert solutions tailored to meet individual needs. Contact them today to schedule a consultation or to learn more about their services. Name: Valeriia Khomenko Email: info@up-waterheaters.com Organization: United Plumbing & Water Heaters Website: https://plumbing-united.com/ About United Plumbing & Water Heaters United Plumbing & Water Heaters is a premier provider of plumbing and water heater services in San Jose, CA. With a focus on innovation, customer satisfaction, and community engagement, the company offers a wide range of solutions designed to meet the diverse needs of its clients. Visit https://plumbing-united.com/ to learn more about their services and to schedule a consultation. Contact Details United Plumbing & Water Heaters Valeriia Khomenko info@up-waterheaters.com Company Website https://plumbing-united.com/

August 01, 2024 05:47 AM Eastern Daylight Time

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SUN.io Launches SUN DAO to Enhance Decentralized Governance and Drive Ecosystem Innovation

SUN

Singapore,July 30, 2024, 12:00 PM - SUN.io, a leading DeFi platform built on the TRON blockchain, is thrilled to announce the launch of SUN DAO. This strategic initiative aims to enhance SUN.io's decentralized governance and community autonomy. By expanding the real-world use cases of the SUN token, SUN DAO will support the development and long-term governance of the SUN.io protocol. At its core, SUN DAO relies on its protocol functions and the SUN token for security. These functions, which include community engagement, incentive measures, self-regulation, and policy management, are governed through on-chain proposals. The SUN token will be integral to this governance process, integrating and digitizing various forms of capital, such as monetary and human resources, and encouraging active participation from community members in governance and proposals. With the introduction of SUN DAO, SUN.io will transition to a fully decentralized governance model, empowering community members to participate actively in the platform's voting and decision-making processes. Industry experts believe that SUN DAO will redefine decentralized governance, setting new benchmarks in the DeFi ecosystem for transparency, fairness, and innovation. Explore New Horizons in Decentralized Governance with SUN DAO SUN DAO leverages innovative incentive mechanisms and a tiered governance structure to establish a future-proof governance model, ensuring the long-term success of the SUN.io protocol. This approach is designed to drive continuous growth and improvement, maintaining the platform's relevance and effectiveness for decades to come. Under the current system, SUN holders can collectively manage the protocol and vote on proposals by converting their tokens into veSUN. Community members with a specified amount of veSUN holdings can submit proposals. For a proposal to be executed, it must receive a minimum number of yes votes and have more yes votes than no votes. This mechanism ensures efficient governance without third-party intervention, allowing the protocol to operate, manage, and develop autonomously according to predefined rules, thereby maximizing efficiency. The SUN token plays a crucial role in this process, digitizing and tokenizing all organizational elements, integrating both monetary and human capital, and significantly enhancing overall efficiency. According to the SUN.io team, the SUN token economy is designed to foster the healthy development and growth of the SUN.io ecosystem in the long term, ultimately benefiting all stakeholders under a robust protocol. SUN.io has introduced economic incentives based on the trust established by SUN DAO, including mutual trust among SUN token holders, the market, liquidity providers, and integrators. These liquidity-based governance approaches aim to sustain active participation in the voting process and expand the pools as the ecosystem grows and attracts more participants. Fostering Innovation on SUN.io to Unlock Diverse veSUN Use Cases The official launch of SUN DAO will significantly expand the use cases of its vote escrow mechanism, veSUN, encouraging greater participation from community users and driving further innovation and development across the SUN.io ecosystem. Users can lock up SUN tokens to receive veSUN, the voting certificate that grants them a voice in platform governance. Those holding a certain amount of veSUN can submit governance proposals to support new markets, add functionalities to the protocol, and more. Other veSUN holders can vote on the proposals while enjoying benefits such as liquidity mining boosts, votes to determine the weights of liquidity pools and 50% of transaction fees in stablecoin pools. Industry experts believe that adopting autonomous governance will revitalize the SUN.io ecosystem. By decentralizing community governance, users gain greater flexibility in resource allocation and can contribute valuable insights for development and improvement. This approach unites community efforts to drive product iteration and fosters a stronger sense of belonging and responsibility among members. By introducing a decentralized, multi-tiered governance framework powered by an incentivized system, SUN DAO motivates community members to propose innovative ideas and solutions, ensuring active participation in the voting process. By attracting new users and investments, SUN DAO fosters growth and innovation within the platform and the broader DeFi sector. As a crucial component of the TRON ecosystem, SUN.io's implementation of the DAO model is set to attract a broader community of users and developers, supporting TRON in maintaining a healthy, self-reinforcing DeFi ecosystem. SUN.io, the pioneering integrated platform on the TRON network, offers a comprehensive suite of decentralized financial services, including stablecoin swaps, liquidity mining, and the conversion of Dominica's authorized digital currency while enabling self-governance. As of July 2024, SUN.io amassed a total value locked (TVL) of $431 million. The establishment of SUN DAO will further solidify its leading role in the DeFi ecosystem by extending premium decentralized financial services globally, fostering sustained innovation and growth in the industry. About SUN DAO SUN DAO is a platform aimed at achieving genuine community autonomy and open collaboration through blockchain technology and smart contracts. As a decentralized autonomous organization (DAO), we provide a fair, transparent, and efficient decision-making framework for community members, enabling everyone to equally participate in project development and governance. About SUN.io SUN.io is the first decentralized autonomous platform on the TRON network that integrates stablecoin and comprehensive token exchange while supporting liquidity mining. It aims to provide optimal trading liquidity and asset returns for the TRON ecosystem. Users can stake SUN to obtain veSUN, allowing them to enjoy multiple platform benefits. Media Contact Karina.Wang marketing@sun.io Contact Details Karina.Wang marketing@sun.io

July 31, 2024 10:29 PM Eastern Daylight Time

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Builders Capital Announces New Lending Division and Significant Headcount Growth

Builders Capital

Builders Capital, the nation’s leading provider of real estate financing to private homebuilders, today announced that it has significantly expanded its loan production operations with the addition of more than 40 new team members. The new lending division will originate loans focused on the local and regional real estate investor markets with loan sizes between $100K-$3MM. The team will be led by Jonathan Andrews, previously COO of Upright (formerly Fund That Flip), and will operate under the trade name Casa Lending, a nod to the division’s dedication to residential real estate and community development. “We are thrilled to welcome over 40 new team members to the Builders Capital family,” said Robert Trent, CEO of Builders Capital. “This team comes with deep expertise in small balance fix and flip and ground up construction with an innovative loan product suite dedicated to a market that Builders Capital has not yet tapped into. This strategic investment puts us in an extremely competitive position to capitalize on our goal of being the top private lender in the nation.” “I am excited to be leading this new initiative for Builders Capital,” said Jonathan Andrews. “This is a market that has historically been underserved by banks and lacked efficient access to capital, which Builders Capital helps to solve. Working closely with local and regional real estate investors over the last decade, I’ve become very familiar with their unique challenges and goals. I'm looking forward to working with Rob and the team at Builders to scale this new opportunity with the highest levels of speed, customer service and execution.” Builders Capital recently announced a $500 million transaction in growth capital with InterVest, which has helped propel the firm’s growth. As of 2024, Builders Capital has surpassed $10 billion in originated loans across the nation. Learn more about the new division Casa Lending at www.casalending.com. About Builders Capital Builders Capital is the nation's largest private construction lender, offering innovative financing solutions to a wide spectrum of developers and homebuilders. Loan products include options for Acquisition, Development, Construction, and Bridge financing, in the form of single-asset loans, portfolio loans, and revolving credit facilities. In addition to financing opportunities, Builders Capital borrowers can leverage national accounts for material purchase discounts, and access cutting-edge technology for project management, accounting, and BIM technology tools. Builders Capital is headquartered in Puyallup, Washington, with an East Coast headquarters in Fort Lauderdale, Florida, and regional sales offices across the country. The management team at Builders Capital brings over 100 years of expertise in residential construction lending, home building, real estate development, and loan servicing. Learn more at: builderscapital.com. Contact Details Builders Capital Kendall Bazan kendall.bazan@builderscapital.com Company Website https://builderscapital.com/

July 31, 2024 11:12 AM Eastern Daylight Time

News Release

Zynex Inc. CEO Thomas Sandgaard Discusses Significant Company Growth and Future Innovations

Zynex Medical

Zynex Inc CEO Thomas Sandgaard joined Steve Darling from Proactive to announce the company's financial and operational results for the second quarter ending June 30, 2024, in an interview with Proactive. The company achieved a remarkable 20% year-over-year increase in orders, marking the ninth consecutive quarter of record-breaking order numbers. Zynex reported an 11% year-over-year increase in second-quarter revenue, totaling $49.9 million, and a 20% increase in year-to-date cash flow from operations, reaching $3.2 million. Sandgaard emphasized the company's ongoing efforts to secure FDA approvals for next-generation devices and expand its product line in pain management. The pain management division saw a significant 20% improvement in orders compared to the previous year, highlighting strong market demand. Looking ahead, Zynex has provided guidance for the third quarter, with revenue expected to reach at least $50.0 million. Zynex's pain management devices are prescribed for various conditions, from post-surgical recovery to general pain management, by a diverse group of medical professionals, including surgeons, general practitioners, and chiropractors..In terms of innovation, Zynex is developing new monitoring devices, including a pulse oximeter based on laser technology for more accurate blood measurements, which could also detect sepsis. This product, along with others in development, positions Zynex to potentially capture significant market share. The company aims to diversify its product portfolio. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

July 31, 2024 09:42 AM Eastern Daylight Time

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Smithsonian’s National Postal Museum to Open Voting by Mail Exhibition

National Postal Museum

Voting by mail did not start during the Covid-19 pandemic. It began in various forms during the Civil War when soldiers could not get home to vote and it picked up steam again during World War II for the same reason. Mail has been and continues to be a method for providing citizens with access to election information and materials. Today, every state has some form of voting by mail. The National Postal Museum’s exhibition “Voting by Mail: Civil War to Covid-19” explores the significant role of voting by mail in America’s democracy. Over time, legislation for both military and civilian voting using the mail has been shaped by events and politics with provisions added, removed and amended. On view Saturday, Aug. 24, through Feb. 23, 2025, “Voting by Mail” invites visitors to explore the changing logistical and political reasons for the various ways mail has been part of the election process, and how it continues to define where, when and how Americans vote in elections. Early methods for absentee voting that used the mail enabled military members to participate in elections when wartime deployments took them away from their polling precincts. The Civil War and World War II caused many states to temporarily establish or expand absentee voting for significant numbers of voters in the military. Allowances for civilians voting absentee grew in the early 20th century and in 1901 Kansas became the first state to permit voting by mail but limited this to railroad employees traveling for work. Since the 1980s, in addition to in-person voting, some jurisdictions, including eight states and the District of Columbia, have instituted all-mail voting with the automatic distribution of ballots to registered voters. The public health emergency of the Covid-19 pandemic brought about temporary procedures, new laws and debates over using the mail for voting. Objects on display focus on the early history of voting by mail in the U.S. and ways the mail is used in modern elections. A Civil War envelope for mailing soldiers’ votes on a tally sheet enabled deployed military service members to participate in the Ohio state election of 1864. World War II absentee voting materials developed for U.S. Armed Forces, including the design of a blank ballot allowed the government to distribute them before specific candidate names became available, thus accommodating weeks-long mailing time for U.S. forces overseas. Examples of modern election mail including an absentee ballot, an envelope for a mail-in ballot, an official election information guide, and notices announcing elections. “We are excited to present the role of mail in U.S. elections for government representatives serving the American public,” said Elliot Gruber, director of the museum. “The history of mail as an official conduit of election information and election voting materials has long been part of our nation’s history.” The exhibition is supported by public and exhibition programming, as well as educational resources for teachers. A special website makes available the stories, themes and historical artifacts presented in the exhibition. About the Smithsonian's National Postal Museum The National Postal Museum is devoted to presenting the colorful and engaging history of the nation's mail service and showcasing one of the largest and most comprehensive collections of stamps and philatelic material in the world. It is located at 2 Massachusetts Ave. N.E., Washington, D.C., across from Union Station. The museum is currently open Friday through Tuesday, 10 a.m. to 5:30 p.m. For more information about the Smithsonian, call (202) 633-1000. Contact Details Smithsonian National Postal Museum Marty Emery +1 202-431-8963 emerym@si.edu Company Website https://postalmuseum.si.edu/

July 31, 2024 09:26 AM Eastern Daylight Time

Benchmark International Successfully Facilitated the Transaction Between International Contract Assembly Group, L.L.C. and AAT USA LLC

Benchmark International

International Contract Assembly Group L.L.C. is a contract manufacturer of metal parts and electronic assemblies based in Nogales, Arizona. The company also offers warehousing and distribution of goods in the business-to-business space and direct to consumers, where all material imports and product exports are provided in-house. ICAG also specializes in providing integrated business solutions, including consulting, digital transformation, and operational optimization to enhance organizational efficiency and growth. Y our Path to a Successful Sale Begins Here. AAT USA LLC, located in Columbus, Ohio, prides itself on utilizing in-house industrial designers and mechanical, electronic, and software engineers to simplify product specifications and provide the most cost-effective solution for its clients. The company specialize in infrastructure, management, quality assurance, design and specification. They continue to offer a 360-degree personal relationship from the initial pre-purchase inquiry to complete ownership. “The Benchmark team wishes both parties a prosperous future. We are excited to watch both parties leverage their strengths within each other and run the next leg of the race.” – Jeffrey Garza, Deal Associate SCHEDULE A CALL Americas: Sam Smoot at +1 (813) 898 2350/ Smoot@BenchmarkIntl.com Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com ABOUT BENCHMARK INTERNATIONAL: Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive Privately-held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables. Contact Details Brittney Zoeller +1 813-898-2350 zoeller@benchmarkintl.com Company Website https://www.benchmarkintl.com/

July 31, 2024 09:20 AM Eastern Daylight Time

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Benchmark International Unveils the 2024 Global Consumer, Food & Retail Industry Report

Benchmark International

Benchmark International is proud to announce the release of its highly anticipated 2024 Global Consumer, Food & Retail Industry Report. This comprehensive report offers an in-depth analysis of the current market trends, key players, and future growth prospects within the consumer, food, and retail sectors. The report highlights significant industry developments, including the increasing demand for sustainable and organic products, the rise of digital transformation, and evolving consumer preferences. It provides valuable insights into market dynamics, mergers and acquisitions, and emerging opportunities, making it an essential resource for industry professionals, investors, and stakeholders. Key topics covered in the report include: Market Overview: A detailed examination of current market conditions and key drivers. Industry Trends: Analysis of significant trends, such as the growth of e-commerce and the focus on health-conscious products. Mergers & Acquisitions: Insights into recent M&A activity and its impact on the industry. Future Outlook: Projections for industry growth and potential challenges. This report demonstrates Benchmark International's commitment to providing high-quality, actionable insights. It is set to become a crucial resource for executives, investors, and professionals in the consumer, food, and retail industry. For more information and to access the full 2024 Global Consumer, Food & Retail Industry Report, please visit https://www.benchmarkintl.com/insights/featured-content/2024-global-consumer-food-retail-industry-report/ ABOUT BENCHMARK INTERNATIONAL: Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive Privately-held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables. Contact Details Brittney Zoeller +1 813-898-2350 zoeller@benchmarkintl.com Company Website https://www.benchmarkintl.com/

July 31, 2024 09:00 AM Eastern Daylight Time

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Syra Health Wins Contract Valued At Nearly $6M To Train Indiana Health Workers

Syra Health

By Kyle Anthony, Benzinga Syra Health Corp. (NASDAQ: SYRA), has been awarded a $5.8 million contract to train professionals who deliver healthcare to Indiana residents at home or in a community-based setting under the purview of the Indiana Family and Social Services Administration (FSSA). Headquartered in Carmel, Indiana, Syra Health was founded in 2020 and is focused on improving healthcare through innovative services and technology solutions. At its core, the company is a healthcare technology company powering better health in challenging areas such as behavioral and mental health, digital health, and population health. Syra Health's offerings are centered on prevention, improved access, and affordable care. In securing this new contract, Syra Health says it will deliver curriculum development, competency assessments, a sophisticated learning management system (LMS), a comprehensive training registry, and a dynamic quality improvement plan, all to fulfill FSSA's vision of "ensuring all home and community support professionals serving any population under a home and community-based settings waiver have the same competencies and training." In speaking about being selected for this new contract, Dr. Deepika Vuppalanchi, CEO of Syra Health, stated, “We are proud to have been selected to implement statewide home and community support professionals training as part of this important program administered by FSSA. In recent months, we have seen a surge in demand for our off-the-shelf training services, and we look forward to providing additional health training services across the country.” Syra Health’s curriculum reflects important gold-standard learning models and over 200 years of experience. It has module-specific learning objectives and interactive activities across the foundational, fundamentals, medication administration, and micro-credentials curricula. These areas, aligned with state-defined core competencies, integrate health equity and cultural competency principles aimed at supporting home and community support professionals of all backgrounds. Syra Health’s training registry will track the utilization of the training materials and will be integrated into the LMS. As such, it will be able to provide a snapshot of workforce capacity and competency at any given moment in time. Effective monitoring and reporting will also be a critical aspect of this project. Syra Health says it will be providing regular comprehensive reports to the FSSA and modifying the process to meet any evolving monitoring or reporting needs. Featured photo by Ani Kolleshi on Unsplash. Syra Health is a healthcare technology company addressing some of healthcare's most significant challenges in areas such as behavioral and mental health, digital health, and population health, by providing innovative services and technology solutions. Syra Health’s products and services are centered on prevention, improved access, and affordable care. Syra Health supplies its solutions to payers, providers, life sciences organizations, academic institutions, and government. For more information, please visit www.syrahealth.com. Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements." These statements include, but are not limited to, statements relating to the expected use of proceeds, the Company’s operations and business strategy and the Company’s expected financial results. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The forward-looking statements contained in this press release are based on management's current expectations and are subject to substantial risks, uncertainty and changes in circumstances. Investors should read the risk factors set forth in our registration statement on Form S-1 and other periodic reports filed with the Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof, and, except as required by federal securities laws, the Company specifically disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Christine Drury +1 463-345-8950 Christined@syrahealth.com Company Website https://www.syrahealth.com/

July 31, 2024 08:55 AM Eastern Daylight Time

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3 Key Moves Uniquely Position Atlas Lithium For Potential Success In Rapidly Expanding Lithium Market

Benzinga

By Mangeet Kaur Bouns, Benzinga As the world pivots towards renewable energy and electric vehicles, the demand for lithium, a crucial component in batteries, is skyrocketing. Atlas Lithium (NASDAQ: ATLX) has emerged as a serious contender in this growing market. Here are three major catalysts that underscore why Atlas Lithium is uniquely poised to capitalize on the lithium surge. Doubling The Size Of Its Lithium Exploration Footprint In Brazil Atlas Lithium has significantly advanced its exploration efforts by more than doubling its lithium exploration portfolio in Brazil to approximately 539 km² (133,000 acres). This expansion includes new claims in the promising Doce River and Mucuri Valley regions that Atlas Lithium says are relatively untapped, yet rich in lithium deposits. The company’s initial exploration in these new areas is centered around Governador Valadares, a city with a population of nearly 280,000. It is well-connected by infrastructure and is near Port Vitoria. This location is advantageous for lithium exploration and future development. James Abson, Atlas Lithium's chief geology officer, highlighted the strategic importance of this expansion, stating, “Our new mineral rights near Governador Valadares provide access to an exciting new lithium frontier in Brazil that has been relatively untapped beyond gemstone mining.” This region is part of the Eastern Brazilian Pegmatite Province (EBPP), known for its lithium-rich pegmatites. While the company's exploration efforts are expanding, its flagship Neves Project remains on track. A modular dense media separation (DMS) plant has successfully completed its trial assembly and is currently undergoing preparations for shipment to Brazil in the third quarter of 2024. Production of high-quality, environmentally sustainable lithium concentrate is expected to begin in the fourth quarter of 2024. Atlas Lithium's aggressive expansion strategy also involves continuous mapping and sampling efforts to better understand the geological formations within its claims. These efforts have already identified numerous spodumene-bearing pegmatites within the newly acquired areas, significantly boosting the potential for the eventual high-grade lithium discovery in those areas. The company's geological team is employing advanced technology, including 3D laser scanning, to precisely map pegmatite dimensions and plan future drill locations efficiently. Securing A $30 Million Strategic Investment From Mitsui In a significant endorsement of its potential, Atlas Lithium has secured a $30 million strategic investment from Mitsui & Co (OTC: MITSF). This investment, made at a 10% premium to the five-day VWAP, provided crucial capital for accelerating the development of Atlas Lithium’s open-pit lithium mine and spodumene concentrating facility, set to commence operations by the fourth quarter of 2024. The offtake agreement with Mitsui encompasses the future purchase of 15,000 tons of lithium concentrate from Phase 1 and up to 60,000 tons per year for five years from Phase 2 of the Neves Project. This partnership not only provides additional financing but also guarantees a steady demand for Atlas Lithium’s environmentally sustainable lithium concentrate. The strong relationship between the two companies, marked by multiple due diligence visits and collaborative efforts, underscores the confidence in Atlas Lithium’s projects and capabilities. “Mitsui’s investment reflects confidence in our team, assets, and business model,” said Marc Fogassa, CEO and chairperson of Atlas Lithium. Mitsui's involvement brings more than just financial backing. The company’s extensive experience and established presence in Brazil provide strategic advantages, including logistical support and access to global markets. This collaboration is expected to enhance Atlas Lithium’s operational capabilities, leveraging Mitsui’s resources and networks to streamline the path to production and market entry. The partnership with Mitsui also opens doors for potential future collaborations and expansions. Mitsui's comprehensive approach to supply chain management and its strategic interest in sustainable resource development aligns well with Atlas Lithium's goals, setting a strong foundation for long-term growth and stability. Appointment Of Renowned Lithium Executive Brian Talbot As COO Atlas Lithium has strengthened its leadership team with the appointment of Brian Talbot as Chief Operating Officer (COO) and a member of the Board of Directors, effective Apr. 1, 2024. Talbot brings over 30 years of experience in the lithium sector, including expertise in DMS plant development and operation. Talbot’s extensive background includes significant roles at major lithium companies, where he has consistently enhanced efficiency, identified commercial opportunities, extended mine life and maximized safety. His leadership at Sigma Lithium Corporation and Galaxy Resources has been instrumental in achieving record production and operational performance. Commenting on his new role, Talbot said, “After visiting and studying in detail Atlas Lithium’s properties, I firmly believe there is a strong alignment between my expertise in expediting hard-rock lithium projects to production and the solid foundation that the company has already built.” Martin Rowley, former Chairman of Allkem and now lead advisor to Atlas Lithium, emphasized Talbot’s impact, stating, “His work ethic, dedication, and creativity underwrote the significant value increase to all Galaxy shareholders.” Talbot’s track record includes spearheading the development of several high-profile lithium projects worldwide. His appointment is expected to bring operational excellence and strategic insight to Atlas Lithium’s ambitious plans. His familiarity with the Brazilian lithium landscape and his technical acumen make him an invaluable asset as the company moves toward production. Additionally, Talbot’s experience in scaling operations and his hands-on approach to project management will be crucial as Atlas Lithium seeks to optimize its production processes and maximize output. His leadership is anticipated to drive efficiencies and foster innovation, ensuring that Atlas Lithium remains at the forefront of the lithium industry. Atlas Lithium's Strategic Position In The Growing Lithium Market The global lithium market, estimated at $31.75 billion in 2023, is projected to grow at a CAGR of 17.7% from 2024 to 2030. The increasing demand for vehicle electrification, renewable energy storage systems, consumer electronics and advancements in battery technology are key drivers of this growth. Government subsidies for electric vehicles (EVs) and rising investments in this sector are expected to further accelerate market expansion. Atlas Lithium’s strategic initiatives—doubling its exploration footprint, securing significant investment from Mitsui and appointing a highly experienced COO—position the company as a serious contender in the lithium space. As the company progresses towards production at its Neves Project and continues to expand its exploration activities, Atlas Lithium is uniquely placed to thrive in the impending lithium boom. The company’s approach to sustainable and environmentally responsible mining further strengthens its market position. By adhering to stringent environmental standards and leveraging cutting-edge technologies, it is poised to meet the growing demand for lithium while minimizing its ecological footprint. This commitment to sustainability is increasingly important to investors and consumers alike, enhancing Atlas Lithium's appeal in the global market. Featured photo by Transly Translation Agency on Unsplash Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

July 31, 2024 08:50 AM Eastern Daylight Time

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