News Hub | News Direct

All Industries


Article thumbnail News Release

PATHWAY LENDING’S HANK HELTON ELECTED CHAIR OF CDFI COALITION

CDFI Coalition

Hank Helton, EVP and Chief Stakeholder Officer of Pathway Lending, Tennessee’s largest non-depository Community Development Financial Institution headquartered in Nashville, Tenn., was elected Chair of the Board of Directors of the CDFI Coalition during its March 15 th meeting in Washington, DC. The CDFI Coalition, formed in 1992, is the unified national voice of community development financial institutions. This year celebrates the 30 th Anniversary of the passage of the Community Development Financial Institutions Bill which created the CDFI Fund at the US Department of Treasury. “Hank’s leadership and expertise is a true asset to the Coalition, and its work bringing fair access to financial resources for America’s underserved people and communities,” said Coalition spokesperson Bob Rapoza. Helton is a founding member of Pathway Lending, which is celebrating its 25 th anniversary this year. As Chief Stakeholder Officer, Hank leads the cultivation and management of relationships with financial institutions, philanthropy, and local, state, and federal agencies. “It’s a privilege and honor to serve as Chair of the CDFI Coalition, dedicated to advancing access to capital and resources for communities nationwide,” said Helton. “I extend my gratitude to the departing Chair, Ceyl Prinster, President and CEO of the Colorado Enterprise Fund, for her outstanding leadership. I am eager to build upon the progress already achieved to make an even greater impact.” Helton was appointed as the Director of Development and Affordable Housing for Nashville/Davidson County Metropolitan Government from 2001-2007. Under Helton’s direction, the city received national attention for its initiatives and was recognized repeatedly for its creative and innovative approach to community development, particularly in the areas of affordable and downtown housing. Helton also has more than a decade of experience at The Federal Reserve Bank of Atlanta, advising financial institutions on safe, sound, and profitable community investment activities. His work has been recognized in the Harvard University Innovations in American Government Brookings Press publication "Governing by Network: The New Shape of the Public Sector," highlighting his efforts in building collaborations between public, for-profit, and non‐profit organizations. Hank holds a Bachelor of Science degree in Community Planning and Development with a concentration in finance from Georgia State University, Atlanta. He is also certified as a Housing and Economic Development Finance Professional by the National Development Council. About the CDFI Coalition Through its member organizations, the Coalition represents CDFIs working in all 50 states and the District of Columbia. This national network of CDFIs includes community development loan funds, community development banks, community development credit unions, microenterprise lenders, community development corporations and community development venture capital funds. The CDFI Coalition coordinates industry wide initiatives to increase the availability of capital, credit and financial services to low-income communities across the nation. The Coalition recently published a 30 th Anniversary Report to celebrate three decades of success. For more information, visit www.CDFI.org About Pathway Lending Pathway Lending is a Nashville-based Community Development Financial Institution (CDFI) certified by the U.S. Department of the Treasury that propels economic growth in under-resourced communities. Celebrating its 25th anniversary in 2024, Pathway has generated more than $1 billion in economic impact to become a leading community-focused lender in the Southeast. Through its lending and advisory programs, Pathway has financed over 1,500 businesses, delivering more than $525 million in direct lending through its small business, affordable housing, and climate-related loan funds. These efforts have supported more than 30,000 jobs, created 2,400 affordable housing units, and generated $9.8MM in annual energy cost savings. To learn more about the entrepreneurs and communities that Pathway Lending serves, visit PathwayLending.org. Contact Details Greg Wilson +1 571-239-7474 gregwilsonpr@gmail.com

April 08, 2024 12:59 PM Eastern Daylight Time

Article thumbnail News Release

Genflow Biosciences attracts new institutional investors with £715,000 fundraise

Genflow Biosciences PLC

Genflow Biosciences PLC (LSE:GENF, OTCQB:GENFF) CEO Dr Eric Leire tells Proactive's Stephen Gunnion the company has successfully raised £715,000 through a mix of placements and subscriptions for new stock. This fundraising effort was notably supported by company directors, including Leire, and new institutional investors. Leire highlighted the importance of this move as a strategic effort to stabilise and grow the company, especially noting the significance of attracting institutional investment. Historically, Genflow relied on grants and research funding, making this step a notable shift in its funding strategy. Leire also mentioned the company's focus on longevity and healthspan, pointing out the increasing gap between lifespan and healthspan as a major healthcare and economic challenge. Genflow's approach to addressing age-related diseases has started to attract attention from the institutional market, recognizing the potential high upside in the longevity sector. The funds raised are earmarked for continuing clinical trials in their three main programs: progeria, non-alcoholic steatohepatitis (NASH), and sarcopenia, aiming to reduce both financial and scientific risks by diversifying their portfolio. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

April 08, 2024 11:13 AM Eastern Daylight Time

Video
Article thumbnail News Release

Rezolve targets Nasdaq listing as it pioneers AI for commerce and engagement

Rezolve

Rezolve founder and CEO Dan Wagner joins Proactive's Stephen Gunnion with details of the platform specialising in commerce and engagement through innovative use of mobile and desktop technologies. The company has developed a novel way for merchants to connect with consumers, notably through AI-generated watermarks in audio streams that prompt user engagement, and geofencing that triggers location-based interactions. It has been focusing on conversational AI, enabling seamless transactions like booking flights through voice commands. Despite the complexity of interpreting product descriptions, Rezolve has addressed AI challenges like model drift and hallucinations, securing three patents in the process. Wagner highlighted Rezolve's unique position in the AI space, particularly in preventing AI from malfunctioning, a problem noted in technologies developed by giants like OpenAI and Google. Recently, the company has attracted significant investment from Saudi Arabia's sovereign wealth fund, supporting expansion into sectors beyond retail and commerce. Additionally, the company has partnered with Handlerbund in Germany, leveraging Europe's largest online trade association to further distribute its technology. Wagner explained that Rezolve's revenue model revolves around three main products: Brain Commerce, Brain Checkout, and Brain Assistant, each catering to different aspects of digital commerce and corporate knowledge management. A business combination with Armada Acquisition Corp is underway, aiming for a Nasdaq listing, underscoring Rezolve's global ambition and technological prowess. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

April 08, 2024 11:06 AM Eastern Daylight Time

Video
Article thumbnail News Release

Chris Turner Unveils the Transformative Power of Coaching in Hospitality at 1TourismWorld

1BusinessWorld

In a recent enlightening session at 1TourismWorld, Chris Turner, a Certified FocalPoint Hospitality Business and Executive Coach, shared his profound insights on "Enhancing Hospitality Excellence: The Transformative Power of Coaching." With a solid background as an international hospitality business coach affiliated with the elite coaching organization FocalPoint International, Turner brought a wealth of knowledge and experience to the table. The video presentation is now available to be watched: https://1businessworld.com/1tourismworld-library/enhancing-hospitality-excellence-the-transformative-power-of-coaching-chris-turner/ Turner, who is also a member of the Institute of Hospitality and the International Coaching Federation, delved into the significance of coaching in the hospitality sector. He stressed that in today’s rapidly evolving industry landscape, business coaching is not just an add-on but a critical necessity for navigating challenges and unlocking potential growth. Highlighting his areas of expertise, Turner discussed strategic planning, revenue generation, productivity enhancement, and sales management, among others. His approach to business coaching is deeply influenced by FocalPoint Business Coaching's methodologies, which integrate the legendary business trainer Brian Tracy’s techniques with real-world business experience. During his presentation, Turner underscored the myriad challenges the hospitality industry faces, such as staff retention, environmental sustainability, technology adoption, and economic pressures. He illustrated how business coaching could be the keystone in overcoming these hurdles, fostering leadership development, strategic planning, and operational efficiencies. The session illuminated the power of coaching through a case study of a mid-sized hotel that experienced significant improvement in guest satisfaction, employee morale, and financial performance following a coaching intervention. This narrative reinforced the message that targeted coaching can revitalize a hospitality business, paving the way for enhanced service offerings, employee engagement, and profitability. Chris Turner's participation at 1TourismWorld was more than just a presentation; it was a compelling call to action for hospitality leaders to embrace coaching as a means to navigate the complexities of their industry and propel their businesses toward sustainable growth and excellence. His message resonated with the audience, emphasizing that in the face of industry adversities, coaching could be the catalyst for transformative success and innovation in the hospitality world. The video presentation is now available to be watched: https://1businessworld.com/1tourismworld-library/enhancing-hospitality-excellence-the-transformative-power-of-coaching-chris-turner/ Contact Details Media Enquiries +1 212-220-6677 info@1businessworld.com Company Website https://1businessworld.com

April 08, 2024 10:27 AM Eastern Daylight Time

Image
Article thumbnail News Release

Bitget Lists Massa (MAS) to its Platform

Bitget

Bitget, a leading cryptocurrency exchange and Web3 company, is excited to announce the listing of Massa (MAS), a groundbreaking Layer 1 blockchain focused on true decentralization and scalability. Massa Labs presents a refreshing vision of decentralization without compromises. At the core of the Massa blockchain is a multithreaded block graph, a groundbreaking solution to the scaling problem that has plagued many existing blockchains. This innovative approach dramatically improves performance, allowing for seamless scalability even as the network grows. Furthermore, Massa introduces cutting-edge technological innovations to support decentralization. Their autonomous smart contracts feature built-in update mechanisms, ensuring that the network remains flexible and adaptable to the evolving needs of its users. Additionally, on-chain web page storage bypasses traditional centralized web servers, further enhancing the decentralized nature of the platform. One of the most notable aspects of Massa is its community-centric approach to coin distribution. By giving full control to the community and prioritizing safety, Massa ensures that the database remains secure and resilient against external threats. "We're thrilled to add Massa (MAS) to our trading platform," said Gracy Chen, Managing Director of Bitget. "Massa's commitment to true decentralization and scalability aligns perfectly with our mission to provide our users with access to innovative and forward-thinking blockchain projects." Bitget has consistently expanded its market share in both spot and derivatives trading among centralized exchanges. With a focus on providing users with opportunities to invest in popular and valuable projects, the platfrom is now one of the top 10 crypto spot trading platforms with over 700 coins and 800 pairs, including BTC, ETH, SOL and more. Throughout 2023, the platform added over 350 new listings, further diversifying investment options for users. Meanwhile, Bitget Wallet supports over 100 mainnets and 250,000+ tokens. Its on-chain trading function Bitget Swap enables cross-chain trading between nearly 30 mainnets. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet Contact Details Rachel Cheung media@bitget.com Company Website https://www.bitget.com/

April 08, 2024 09:39 AM Eastern Daylight Time

Image
Article thumbnail News Release

Hive Digital Technologies sees uptick in Bitcoin and HODL growth in March moving to 2,287 bitcoins

HIVE Digital Technologies

Hive Digital Technologies Executive Chairman Frank Holmes joined Steve Darling from Proactive to shared its unaudited production figures for Hive Digital Technologies for March 2024, along with updates on the company's Bitcoin holdings and mining operations. Holmes revealed that Hive Digital Technologies had approximately $160 million worth of Bitcoin on its balance sheet at the end of March 2024. The company increased its Bitcoin holdings by 10% during the month, with a HODL position of 2,287 Bitcoin on the balance sheet. In terms of mining capacity, Hive maintained over 4.5 Exahash ("EH/s") of Bitcoin mining capacity, on average, throughout March 2024. The company successfully mined 224 Bitcoin during the month using its state-of-the-art ASIC and GPU mining operations. Holmes highlighted that this achievement translates to an average of 49.7 Bitcoin per Exahash, showcasing the company's operational efficiency. The average hashrate remained consistent at 4.5 EH/s throughout the month, with an 11% increase in the monthly average hashrate compared to previous periods. On a daily basis, Hive averaged a production of 7.2 BTC per day, further demonstrating its robust mining capabilities. Additionally, Holmes emphasized that Hive Digital Technologies continues to lead the blockchain technology sector, focusing on enhancing mining efficiency and expanding its green energy-powered data center facilities across Canada, Sweden, and Iceland. With a strong emphasis on financial stability, growth, and innovation, Hive aims to navigate the volatile crypto market dynamics while ensuring balanced growth and value for its stakeholders. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 08, 2024 07:42 AM Eastern Daylight Time

Video
Article thumbnail News Release

FendX Technologies Innovates Surface Protection with Nanotechnology

FendX Technologies Inc

FendX Technologies CEO Carolyn Myers joined Steve Darling from Proactive to share updates about FendX Technologies, a company pioneering the development of nanotechnology-based products designed to protect high-touch surfaces from contamination. Myers explained that FendX's innovations, licensed from McMaster University nearly four years ago, are focused on creating surfaces to which bacteria, viruses, and organic substances do not adhere, boasting efficacy rates of 95% or higher. These products include a film with an adhesive backing for easy application and a spray offering broader application, both providing 24-hour protection against contaminants. The company is targeting the healthcare sector, particularly hospitals and long-term care facilities, as well as high-traffic areas such as transportation hubs, schools, and malls. The goal is to mitigate the transmission of potentially lethal pathogens in these environments. Following a recent private placement, FendX is gearing up for the commercialization of its REPELWRAP Film and advancing the spray to be commercialized in 2025. Ongoing developments in the product lineup are also underway to further combat surface contamination. Overall, FendX Technologies is focused on leveraging nanotechnology to create innovative solutions for surface protection, aiming to contribute to public health and safety in various sectors. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 08, 2024 07:38 AM Eastern Daylight Time

Video
Article thumbnail News Release

Western Metallica Resources Intensifies Exploration at Luz Maria and Cana Brava 1 targets

Western Metallica Resources Corp.

Western Metallica Resources Vice President of Exploration Giovanni Funaioli joined Steve Darling from Proactive to shared updates regarding the company's exploration activities at the Luz Maria and Cana Brava 1 targets. Funaioli revealed that Western Metallica Resources is currently conducting geophysical and field mapping activities at these projects, building upon previous work that identified strong magnetic anomalies coincident with large alteration footprints characteristic of Andean copper-molybdenum porphyry systems. The company plans to complete approximately 16-line kilometers of pole-dipole Induced Polarization (IP) geophysical surveys in the near term. These surveys aim to identify areas of sulphide-rich mineralization and potential blind intrusions beneath altered Cretaceous sedimentary rocks and recent colluvium. Funaioli emphasized that the acquisition of geophysical data is supported by an in-house geophysicist with extensive experience in exploring for porphyry and intrusion-related systems in the Andes region. This geophysicist is responsible for daily quality control of the data, as well as processing and modeling. Simultaneously, Western Metallica Resources is conducting systematic portable-XRF soil data acquisition to vectorize the distribution of copper (Cu) and molybdenum (Mo) at the surface. This is complemented by pole-dipole IP geophysical data acquisition to identify sulphide-rich and/or resistivity anomalies, indicating potential mineralized bodies beneath sedimentary and recent colluvial covers. The ongoing field programs aim to extend mapping and sampling beyond the main creeks where mineralized intrusive outcrops have been found to date. This is intended to confirm the presence of significant and continuous copper-molybdenum porphyry mineralization with a higher level of geological confidence and across a broader alteration footprint. Western Metallica Resources believes that integrating this large dataset will provide a comprehensive understanding of the prospects' potential, supporting the next phase of scout drilling expected to commence by Q3-2024. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

April 08, 2024 07:33 AM Eastern Daylight Time

Video
Article thumbnail News Release

Global Energy Metals Expands Portfolio with Uranium Addition Through New Strategic Partnership

Global Energy Metals Corp

Global Energy Metals CEO Mitchell Smith joined Steve Darling from Proactive to shared significant developments regarding the company's agreements with Fulcrum Metals Plc and Terra Balcanica Resources Corp. Firstly, Smith announced that Global Energy Metals has terminated its agreement with Fulcrum Metals Plc and has entered into a new deal with Terra Balcanica Resources Corp. This strategic move facilitated a new partnership between Fulcrum and Terra, where Terra intends to acquire a 100% interest in Fulcrum's uranium projects. As part of the termination of the prior agreement with Fulcrum, Global Energy Metals will receive compensation equivalent to C$150,000 in shares in Terra upon the closing of the option agreement between Terra and Fulcrum. Additionally, Global Energy Metals will be granted a 0.5% Net Smelter Returns (NSR) royalty over the Saskatchewan-based project portfolio, which encompasses 596.71 square kilometers of highly prospective ground for uranium discovery. Smith highlighted that the project portfolio targets major NE-SW trending structures along strike from historic uranium mines and projects. This new agreement will bolster Global Energy Metals' existing project, royalty, and equity portfolio to now include uranium, further demonstrating the company's ability to monetize assets for the benefit of shareholders. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 08, 2024 07:28 AM Eastern Daylight Time

Video
1 ... 282283284285286 ... 3750