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Author: Marie Jones

  • SCCG Management and Bettorlogic Extend North American Partnership

    SCCG Management and Bettorlogic Extend North American Partnership

    Stephen Crystal, SCCG Founder, announced today that the company has extended its partnership with Bettorlogic, whose technology leverages the customer’s existing sportsbook player data to give sports bettors reasons to place a bet – in retail outlets, push notifications on mobile devices, emails or SMS.

    Said Crystal, “We are excited to see our clients and partners eager to adopt Bettorlogic’s suite of solutions that give operators highly customizable tools they can take direct control of their customer communication and engagement. These mature and robust suites of tools have a 15-year track record of helping operators increase turnover and engage customers by delivering reasons for customers to keep bets in action.”

    – Bettortech leverages customer transactional data, bet preferences, preferred sports, events and frequency of wagering, bet type, staking, odds, territory, win/loss ratios, and more.
    – BetPropensity creates profiles that allow customer call to action messaging to be tailor-made for the bettor.
    – Bettorlogic engages customers across all channels, including mobile, online widgets, retail displays, and push notifications with editorial content, schedules, exciting bet types, relevant bet opportunity related facts, all tailored to keep the player in action.

    About SCCG Management

    SCCG Management is a consultancy that specializes in sports betting, iGaming, sports marketing, affiliate marketing, technology, intellectual property protection, product commercialization, esports, capital formation, M&A, joint ventures, casino management, and governmental and legal affairs for the casino and iGaming industry.

    About Bettorlogic

    Founded by CEO, Andrew Dagnall, in 2004 as StatsOnSport a B2C subscription service providing editorial specifically for bettors and covering football, tennis, cricket, golf, rugby union and F1.

    Rebranded as Bettorlogic in 2009, when Andrew Black co-founder of Betfair became the major shareholder, products were developed and delivered via XML to sportsbooks around the world that created reasons for their customers to have a bet.

    Since then the company has won several awards including EGR Innovation in Sports Betting 2014, CV Magazine 2017 Innovation in Production and was recently listed in the 2018 Silicon Review as one of the Top 50 fastest growing companies.

    Contact:
    Stephen A. Crystal
    SCCG Management
    +1 702-427-9354
    stephen.crystal@sccgmanagement.com
    Website: sccgmanagement.com

    Source: Plato Data Intelligence https://zephyrnet.com/ (bit.ly/3hZ2LBe)

  • Blockpass Goes Live with PASS Rewards Scheme

    After a year of work and development, Blockpass is excited to finally be able to reveal the Blockpass rewards scheme – PASS Rewards, an opportunity open to any and all Blockpass users! Blockpass has been working hard to create rewards and incentives for people to undergo KYC and keep their identities up to date, and the new rewards system does just that.

    Each time a Blockpass user is successfully verified with one of Blockpass’ paying businesses, their balance will be automatically updated with PASS Rewards. Though this scheme is open to all Blockpass users, PASS Club members gain a little extra. PASS Club is Blockpass’ membership programme for active users and is open to any existing users of Blockpass. Extra rewards could include opportunities such as working with businesses in the Blockpass network and will be offered out when a PASS Club member decides to use the services of a business.

    Blockpass is a digital identity verification provider which provides a one-click compliance gateway to financial services and other regulated industries. Through Blockpass, users can create, store, and manage a data-secure digital identity that can be used for an entire ecosystem of services, token purchases and access to regulated industries. For businesses and merchants, Blockpass is a comprehensive KYC & AML SaaS that requires no integration and no setup cost. You can set up a service in minutes, test the service for free and start verifying and on-boarding users.

    “We’ve tailor-made these opportunities to appeal to all of our users,” said Blockpass CEO Adam Vaziri. “It’s been a year in development and we’re proud to have reached a stage where we can release it to the public. For us, it’s not enough to make KYC fast, secure and simple and to give people back control of their own data; we want to reward those who make that step to take custody of their own identity and incentivise them to keep it relevant, up to date and use it.”

    Blockpass has grown significantly in size and use since its inception, both in the number and range of users and organizations it has partnered with, and the scope of its work. Blockpass continues to develop its digital identity protocol with updates and additions to improve the compliance experience. The existential need for DeFi projects to be regulatory compliant and the recent integrations have led to a surge in interest for Blockpass’ On-chain KYC(TM) solution which promises to change the way blockchains enable compliance. Its recent integration with TrustSwap expands Blockpass’ services to a whole new raft of businesses and solutions.

    About Blockpass
    Blockpass, the pioneer of On-chain KYC(TM), is a fast, fully comprehensive KYC & AML screening software-as-a-service for blockchains, Crypto, Defi and other regulated industries. With Blockpass, you get an unmatched set of benefits for any compliance service that includes pay-as-you-go, no setup cost, no integration necessary, free testing, immediate launch and at the lowest cost. Blockpass’ KYC Connect(TM) platform enables businesses to select requirements for customer onboarding that can include ID authentication, face-matching, address checking, AML ongoing monitoring and/or screening of sanctions lists, politically exposed persons (PEP), and adverse media. Through Blockpass, end-users easily create a verified portable identity that they can control and re-use to onboard with any service instantly. By integrating with Chainlink Network – a decentralized oracle solution – in early January, Blockpass introduced the first On-chain KYC(TM) solution that will service many blockchains in the years to come. The Blockpass App is available from the App Store and Google Play.

    For more information and updates, please visit and sign up to the following:
    Promotional video: https://youtu.be/SvO2cw3e-SI
    Website: http://www.blockpass.org
    Email: sales@blockpass.org

  • Leon Fuat Berhad Records Stellar Quarter due to Rising Global Demand, Profit Up 3,297%

    Leon Fuat Berhad Records Stellar Quarter due to Rising Global Demand, Profit Up 3,297%

    – Profit After Tax Increased 3,297% in 1Q 2021
    – Overall Revenue increased by 76.2% in 1Q 2021
    – Improving overall profit margins
    – Positive outlook based on the global rise in steel prices and rising world demand

    Leon Fuat Berhad (Leon Fuat), a manufacturer and trader of steel products, specializing in rolled long and flat products, today announced that the Group recorded a 3,297.0% rise in profit after tax (PAT) to RM36.11 million for the quarter ended 31 March 2021 (1Q 2021) compared to the RM1.06 million registered in the same quarter of the previous financial year.

    Calvin Ooi Shang How, Executive Director of Leon Fuat

    Improved Revenue and Profit Margins

    The gross profit recorded a 296.0% increase to RM53.34 million for 1Q2021 compared to the RM13.47 million in gross profit for the corresponding quarter of the previous financial year due to the 9.4 percentage points rise in gross profit margin for the trading of steel products to 22.2% while gross profit margin for processing and/or manufacturing (collectively referred to as “processing”) of steel products increased by 16.4 percentage points to 26.8%.

    Overall revenue increased by 76.2% to RM211.48 million in 1Q2021 compared to the RM120.04 million in the corresponding quarter of the previous financial year. On a segmental basis, revenue from trading of steel products increased by 87.5% to RM74.29 million for the quarter under review while revenue from the processing of steel products increased by 70.7% to RM137.11 million. The trading segment share of revenue contribution stood at 35.1% in the quarter under review while the processing segment’s share of revenue contribution stood at 64.8%.

    Rising Steel Prices Worldwide Due To Global Demand

    Calvin Ooi Shang How, Executive Director of Leon Fuat said: “We are pleased to be able to achieve such favorable result this quarter. Steel prices have been advancing worldwide since the second half of 2020 on the expectations of an improving global economic outlook. There is a global steel boom underscored by strong demand with prices rising to a multi-year high. Nevertheless, while steel prices show no sign of coming off anytime soon, we are cautious, both for the outlook on prices and the economy as the COVID-19 pandemic shows no sign of abating.”

    “Given the uncertainties surrounding the pandemic, much will continue to depend on how well key economies around the world can recover and the effect this will have on steel demand and prices. Volatile commodity and crude oil prices will continue to have an impact on the ringgit, with these factors affecting the profitability of our steel products given that most of these products are sourced from overseas. We aim to strive for sustainable growth and will continue to monitor steel prices as well as related foreign currencies and will take proactive measures including negotiating forward contracts, prudent inventory management and cost-management to mitigate any negative impact.”

    “We have and will continue to actively address all concerns relating to COVID-19 in regards to our employees and the business operations. This is on top of adhering to all MCO regulations and other standard operating procedures from the National Security Council. The Group has in place emergency response teams (“ERT”) in three of its subsidiaries and is considering a group-wide ERT.”

    Leon Fuat recently completed a private placement exercise where funds raised will be invested into business expansion and purchase of new machineries to meet customer’s orders. As of today, Leon Fuat’s share price closed at RM1.06 with a market capitalization of RM361.46 million.

    Please contact below for more information:
    Hakim Juraimi
    Tel: +60 12-318 5410
    E: h.juraimi@swanconsultancy.biz

  • Digital Practice Summit Asia 2021 coming to you virtually on 16 June 2021

    Digital Practice Summit Asia 2021 coming to you virtually on 16 June 2021

    Technology is at the core of modern finance processes and the speed and ability of businesses to adopt technology has become a differentiating factor towards revenue generation and growth opportunities. The newly launched Digital Practice Summit Asia 2021, set to be taking place on 16 June, LIVE ONLINE, is organised exclusively to help professionals working in accounting, bookkeeping, professional services firms and practices across Asia thrive and succeed in a highly competitive and ever-changing landscape of accounting.

    At this one-day virtual summit, we will see over 40 leading and experienced partners and accountants speak across 25 interactive and engaging live panel discussions and presentations. 2 key channels, Practice Management and Business Advisory will be broadcasting simultaneously, and topics include “What do future-ready accounting firms look like?”, “From bean counters to business advisors: Enriching your service offering”, “Digital trends and opportunities for accounting practices” and “A step by step guide on how to future-proof your practice”. Accounting practitioners can expect to gain new ideas to attain resilience, customer loyalty and advancement for themselves and their accounting practices.

    Featured speakers at Digital Practice Summit Asia 2021 include:
    – Yuit Ang, Managing Director, The Adventus Consultants
    – Kyelie Baxter, Managing Partner, IQ Accountants
    – Lielette Calleja, Director, All That Counts Pty Limited
    – Will Farnell, Founder, Farnell Clarke
    – Paul Gardner, CEO, Fresh Accounting
    – Ingnee Goh, Managing Director, Axora Wealth Pte Ltd
    – Elaine Lim, Director, Agere Accounting & Advisory Pte Ltd
    – Charles Chen, Partner, Charles and Partners
    – Yeong Seng Lim, Managing Partner, Kong, Lim & Partners LLP
    – Michelle Lombard, Co-founder and CFO, Pixie B
    – Lily Hii, Founder, Bookkeeping By Lily
    – Debabrata Pal, Director, Cloud Trust, PwC Singapore
    – Carissa Tan, APAC Marketing Lead, KeyPay
    – Daniel Hustler, Education Manager – Asia, Xero
    – Rebecca Mihalic, Director at BusinessDEPOT Sydney, Head of Accounting (APAC) at Practice Ignition

    “Over the last five years, the accounting industry has become more tech-savvy than we ever anticipated, and at the centre of this is The Cloud. The Cloud has enabled greater efficiencies, accuracy, transparency, time and cost savings than businesses have ever known, giving you more time to focus on strategic planning, business growth and creating greater value for your clients. The Digital Practice Summit Asia is a great place to hear from industry experts about their learnings and insights. We are delighted to be a part of this event. Join us and discover the latest digital trends, and understand how we can help practices across Asia achieve greater success with our expertise,” said Kevin Fitzgerald, Managing Director – Asia at Xero.
    As the Summit’s Title Sponsor, Xero will be joined by a range of its app partners, who will present fully integrated solutions in the Xero Connected App Partners Pavilion. Intuit QuickBooks, Fathom, Keypay, Practice Ignition and other industry leaders will also be showcasing the latest solutions for accountants in practices.

    The one-day free-to-attend summit is expected to garner the attendance of over 700 Partners, Accountants and Bookkeepers from across Asia and beyond.

    Details of the one-day virtual summit are as follows:
    Digital Practice Summit Asia 2021
    16 June 2021 | Virtual
    Free-to-Attend
    https://bit.ly/3oVf5E5

    About Terrapinn

    Terrapinn is an international events media business with 30 years’ experience developing best in class conferences and exhibitions across a wide range of key industry verticals. With our global footprint and offices in London, New York, Singapore, Sydney, Dubai and Johannesburg, we’ve been sparking ideas, innovations and relationships that transform businesses. In Asia we run 17 pan Asian events; Telecoms, Enterprise Technology, Life Sciences, Transportation, Accounting, Logistics, Education and Renewable Energy sectors. In 2020, we ran over 80 virtual events and total attendance across all shows was in excess of 70,000. For more information, please contact:- Lim Jia Le Marketing Executive Terrapinn Pte Ltd Tel: (65) 8133 1705 Email: jiale.lim@terrapinn.com

  • Avance Clinical Releases Industry Survey Results at BIO Korea 2021

    Avance Clinical Releases Industry Survey Results at BIO Korea 2021

    The leading Australian CRO for biotechs and Frost & Sullivan Asia-Pacific CRO Market Leadership Award recipient Avance Clinical shared results of a recent industry survey conducted by the company that found data quality to be the most important criteria for selecting a CRO for Phase ll studies in Australia.

    Results from the survey found 63.64% of respondents selected data quality as the Key operational consideration when planning Phase II, followed by access to patients, then CRO therapeutic area expertise, cost, and access to KOLs.

    Avance Clinical is attending BIO Korea 2021 virtually and is available via the Partnering platform to discuss the benefits of conducting trials in Australia. Avance Clinical has extensive experience in conducting trials in oncology, CNS, cardiovascular, infectious diseases and dermatology.

    Avance Clinical CEO, Yvonne Lungershausen, said South Korea is recognized globally for its thriving biotech sector and the CRO is keen to connect with companies wanting regional alternatives for their clinical development. “As Australia’s CRO for biotechs, we are seeing an increasing number of South Korean biotechs selecting Australia to accelerate their Phase I and II trials,” she said. “The high-quality of our data for FDA and other regulatory authority approvals is a key factor in the decision-making process.”

    The clinical trial environment in Australia supports rapid startup and a rebate of more than 40% on clinical costs as part of the Australian Government’s clinical trial attraction incentive program.

    In addition, Avance Clinical is accredited by the Office of the Gene Technology Regulator (OGTR) so it can manage gene technology trials in Australia.

    This accreditation recognizes that Avance Clinical has the CRO resources and internal processes in place to effectively manage pre-clinical and clinical trials for products involving genetically modified organisms (GMOs).

    Take the Quiz: Test your Knowledge about Australian Clinical Trials here.

    About Avance Clinical

    Avance Clinical, Australia’s CRO for biotechs, has more than 20-years of experience providing excellence in clinical research services for biotech companies from around the globe. Avance Clinical facilitates quality drug development by aligning people, skills, and expertise in the pursuit of drug development for a healthier world. The collective pool of knowledge and experience at Avance Clinical continually grows through the careful selection of experts who also demonstrate passion in their chosen field. Avance Clinical offers high-quality services in an established clinical trial ecosystem, that includes world-class investigators and sites able to access specific patient groups. Visit our website for more information.

    Recent Awards:
    Excellence in Business Award 2021
    Frost & Sullivan Asia-Pacific CRO Market Leadership Award 2020

    Other benefits of working with Avance Clinical include:
    1. The Government R&D grant offers up to 43.5% rebate on clinical trial spend
    2. COVID-19 clinical continuity
    3. Site Initiation Visit (SIV) and Study Start achieved in 5 – 6 weeks
    4. No IND required for clinical trials
    5. Full GMP material is not mandated for Phase I clinical trials
    6. Established clinical trial environment with world-class investigators and sites
    7. Access to sites/Phase I facilities with established healthy subject databases and specific patient populations
    8. Major hospitals with world-class infrastructures and dedicated Clinical Trial Units with a long track-record in FDA compliant research
    9. Seasonal studies: Northern hemisphere sponsors can conduct their studies year-round by taking advantage of Australia’s counter-flu and allergy seasons

    Media Contact:
    media@avancecro.com

  • BAYBANNFA moves to legal review in becoming an NFA Member

    BAYBANNFA has completed its application, and has now moved to legal review in becoming a member of the National Futures Association (NFA; NFA ID: 0527835). The NFA will conduct a background and compliance check to determine that BAYBANNFA meets with the relevant provisions of the CEA, after which it will become an official NFA member.

    The major responsibilities of the NFA are to establish ethical standards for futures and other markets, to protect the interests of traders and investors. NFA ensures its members strictly abide by federal laws and rules set by the CFTC, and strictly supervises member brokers to ensure market integrity for traders and investors. In the 20 years since the establishment of NFA, the trading volume of the US Futures Exchange and foreign exchange market has expanded many times over, while the customer complaint rate has been reduced by 72%.

    BAYBANNFA’s application to become an officially supervised member of the NFA, one of the world’s well-known financial authorities, is taking BAYBANNFA to another level internationally, as well as improving recognition by more global traders. BAYBANNFA has expanded its businesses in many countries, including the United States, the United Kingdom, Australia and Southeast Asia, and has branches in more than 60 regions, providing foreign exchange, cryptocurrency, index and futures diversified portfolio investment plans.

    BAYBANNFA has gained the support of many quarters as it ‘Prioritises the interests of customers’ as its core value. Under the comprehensive supervision of the NFA, with its extensive business plan and determination to explore the global investment wealth code with investors, BAYBANNFA will be recognised by increasing global investors. The financial markets in 2021 can look forward to further achievements from BAYBANNFA in the FinTech industry.

    Media Contact
    Maya, BAYBANNFA
    Email: enquiry@baybankus.com
    Website: https://www.baybankus.com/
    NFA: https://www.nfa.futures.org/BasicNet/basic-profile.aspx?nfaid=5rbvtgr%2FZSQ%3D

  • Global awards honour hktdc.com Sourcing

    Business connections boosted with upgraded platform

    The Hong Kong Trade Development Council’s (HKTDC) hktdc.com Sourcing online trading platform has demonstrated solid performance since being upgraded in October last year to more efficiently connect global buyers and suppliers amid the COVID-19 pandemic.

    The upgraded platform uses machine-learning and image-recognition technologies to enhance business-matching efficiency and provide a more personalised smart-sourcing experience. The enhancement helped boost platform traffic and enquiries, which grew 15% and 26% respectively in the 2020/21 financial year ending March. The platform has also garnered multiple internationally acclaimed awards.

    Hong Kong Trade Development Council (HKTDC) Deputy Executive Director Benjamin Chau (centre) said the HKTDC will continue to upgrade digital services to help local companies tap online marketing opportunities in the pandemic-induced new normal.
    The upgraded hktdc.com Sourcing platform is honoured by 13 international awards.

    Commenting on these achievements, HKTDC Deputy Executive Director Benjamin Chau said COVID-19 had prompted companies around the world to accelerate digitalisation and online sourcing is becoming more popular. “The platform upgrading could not have been better timed. It enabled us to better connect buyers and suppliers just when online trading became all the more important amid pandemic-induced travel restrictions and distancing measures,” he added. “The platform enjoys strong recognition among users and website professionals, and we are pleased to have received 13 prestigious awards in the past few months.”

    The accolades include Best International Business Website, Best Marketing Website, Best Directory or Search Engine Website and Best Small Business Website from the Internet Advertising Competition; Best International Business Website and Best Small Business Website from MobileWebAwards; as well as Redesign/Relaunch Website and Video awards from Astrid Awards and Mercury Excellence Awards. It is the 10th consecutive year the platform has received MobileWebAwards.

    The International Advertising Competition and MobileWebAwards are annual competitions organised by the Web Marketing Association of the United States to honour excellence in relation to websites and mobile apps. The annual Astrid Awards and Mercury Awards are organised by US-based MerComm, Inc., which aims to define the standards of excellence in the communications fields.

    Flexi plan, maxi flan
    With 130,000 suppliers and 2 million buyers in its database, hktdc.com Sourcing creates 24 million business connections a year. An authentication system puts the suppliers in Gold, Silver and Bronze categories based on reputation and activity. Records of their participation at HKTDC events and most recent data update time are also provided, giving buyers useful reference as they seek out the most suitable suppliers. The Third-party Authentication Service, meanwhile, allows suppliers to highlight credibility and product quality, strengthening buyer confidence.

    Mr Chau said suppliers can purchase “boosters”, based on their business needs and promotion strategies, to increase exposure on the hktdc.com Sourcing platform, enhancing their reach to potential business partners. “For users, this service has on average driven a 2.4- fold rise in business enquiries and 29-fold increase in exposure to buyers,” said Mr Chau.

    New buyers, new markets
    Buyers from economies with free trade agreements with Hong Kong, such as Association of Southeast Asian Nations (ASEAN) members, are more active on hktdc.com Sourcing, according to Mr Chau. “Suppliers receive business enquiries mostly from ASEAN and other Asian countries [25%], followed by Europe [18%] and the Americas [17%],” said Mr Chau, adding that the top five enquired categories are gifts, toys & sports supplies; electronics; home products, lights & construction; health, beauty & baby care; and food & beverage.

    Local governments and municipal trade promotion bodies in Mainland China, Italy, Japan and Korea have set up cluster zones on the platform to promote advantageous industries and special products in their respective countries and regions. The Federation of Hong Kong Industries and Hong Kong Exporters Association has also joined the platform to showcase members’ brands and designs.

    Creating opportunities
    Mr Chau said the HKTDC will further enhance its digital marketing services and develop virtual platforms in order to improve the effectiveness of its hybrid physical-online events, create seamless event experiences and enhance its 24/7 online business-matching services. Mr Chau said local companies can leverage the SME Export Marketing Fund – which has expanded its scope to cover such promotion-related work as video/product shooting and editing services – and free online training at the HKTDC’s Digital Academy to accelerate digital transformation and enhance online marketing competitiveness. “We have invited specialists to share secrets of success in a series of Digital Academy online videos and webinars, with topics ranging from digital marketing, e-commerce, content development and surviving in the new normal, helping local SMEs master the basic knowledge and skills needed to start online business,” said Mr Chau.

    He said the HKTDC will continue to organise quarterly online thematic promotions to create opportunities for various sectors. “We received encouraging feedback on the first two promotions of this year, namely ‘Everything for Home’ and ‘Outdoor Living. We will focus on lifestyle and festive products in the second half of 2021.”

    Photo download: https://bit.ly/3bl3xVi

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

    Media enquiries
    HKTDC Communications and Public Affairs Department
    Beatrice Lam, Tel: +852 2584 4049 / +852 9036 0212, Email: beatrice.hy.lam@hktdc.org

  • Showa Denko Announces Change in Effective Date of Company Split (Simplified Absorption-Type Company Split)

    TOKYO, May 26, 2021 – (JCN Newswire) – As stated in “the Announcement of Execution of Master Agreement regarding Series of Transactions to Effect, among other matters, the Succession of the Aluminum Can and Aluminum Rolling Businesses through Company Splits (Simplified Absorption-Type Company Splits), and Result in Certain Consolidated Subsidiary Ceasing to be a Consolidated Subsidiary of Showa Denko K.K.”, dated January 28, 2021, the Company originally planned to succeed the aluminum can business of the Company to Showa Aluminum Can Corp., which is a wholly owned consolidated subsidiary of the Company, effective on June 1, 2021.

    However, the Board of Directors, at a meeting also held today, passed a resolution to change the effective date of the company split. The Company also decided to change the signing date, June 24, 2021, of the succession of the aluminum rolling business to Showa Denko Sakai Aluminum Corp., which is a wholly owned non-consolidated subsidiary of the Company.

    1. Details of the change of date

    Based on the article 6 of the company split agreement (aluminum can business), the effective date of the company split (aluminum can business), after consultation between the Company and the Successor Company, will be changed from June 1, 2021 to June 24, 2021.

    The signing date of the company split agreement of the aluminum rolling business will be changed to June 25, 2021.

    2. Reason for the change

    The administrative procedures for the corporate splits will take more time than expected.

    3. Schedule

    – Date of the decision to approve change in effective date by the Board of Directors (aluminum can business): May 26, 2021
    – Date of the conclusion of agreement on change of effective date (aluminum can business): May 27, 2021 (Expected)
    – Company Split Effective Date (aluminum can business): June 24, 2021 (Expected)
    – Company Split Agreement Execution Date (aluminum rolling business): June 25, 2021 (Expected)
    – Company Split Effective Date (aluminum rolling business): August 2, 2021 (Expected)

    4. Projected impact on financial results

    The change in the effective date of the company split (aluminum can business) is expected to have no significant impact on the Company’s consolidated financial results since the Successor Company is a consolidated subsidiary.

    About Showa Denko K.K.

    Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory/graphite electrodes and fine carbon products. The Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high bright LEDs, and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/.

    Media contact:
    Showa Denko K.K., CSR & Corporate Communication Office, Tel: +81-3-5470-3235

  • Liberty Star Presents New Technical Report on Gold Prospect Red Rock Canyon Tract of the Hay Mountain Project in Cochise County, Arizona, USA

    Liberty Star Presents New Technical Report on Gold Prospect Red Rock Canyon Tract of the Hay Mountain Project in Cochise County, Arizona, USA

    Liberty Star Minerals (Liberty Star or the Company) (OTCPINK:LBSR) is pleased to announce the public release of its latest technical report.

    The Technical Report Red Rock Canyon Gold Property Cochise County, Arizona (RRC Technical Report The Report) was prepared by Broadlands Mineral Advisory Services Ltd., owned and operated by Liberty Star independent director Bernard J. Guarnera, P.ENG., QP, CMA. Mr. Guarnera authored The Report. His findings include that the Red Rock Canyon tract contains “gold at grades that are now considered economic.” (p.1) Further, the compilation of previous drilling results, by others as noted in The Report, (p.30) indicates that 12 of 17 intercepts reported gold at grades above what is considered current cut off grades, 0.022 oz. per ton (0.68 gpt). These historical intercepts range from five (5) to forty-five (45) feet in vertical extent and reveal multiple mineralized zones. Grades in the larger intercepts are reported up to 0.182 ounces per ton (5.66 gpt). Additionally, Liberty Star collected fifteen (15) more rock samples on a recent field visit near and at the locations of past drilling. We expect the new field assays to confirm similar grades in the corresponding outcrops. These assay results are forthcoming and will be and posted on the Liberty Star website.

    While other Liberty Star technical reports have focused on the Company’s Hay Mountain Project porphyry copper potential, here Mr. Guarnera brings his expertise to bear on the recently acquired Red Rock Canyon (RRC) area and its gold potential. In addition to three recent field visits (2020, 2021) Mr. Guarnera investigated previous findings including geochemical studies, geophysical surveys, field notes and drill records. Given surface study results combined with previous drilling information, Mr. Guarnera concludes that new diamond core drilling aimed at expanding the areal extent of economic gold concentrations certainly has merit.

    The Red Rock Canyon tract consists of 6,653 acres of Arizona MEPs and 320 acres of unpatented Federal Lode Mining Claims. The area has been segregated from the larger Hay Mountain Project block after the examination of jasperoid bodies that displayed significant gold values.

    Mr. Guarnera has extensive experience with both porphyry copper and gold deposits and is considered a Qualified Professional/Person. The RRC Technical Report is written to conform to the format required by securities regulatory entities. Primary research sources are also available on the Geoscientific Reports webpage at LBSR.us.

    “Brett I. Gross” Brett I. Gross
    CEO/President
    Liberty Star Minerals

    Follow Liberty Star Minerals on Facebook , LinkedIn & Twitter@LibertyStarLBSR

    Forward Looking Statements Certain information contained in public release may contain “forward-looking statements,” as defined in the U.S. Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended. All statements contained herein that are not historical facts are forward-looking statements that involve risks, uncertainties and other factors which are unforeseeable and beyond the Company’s or management’s control, that could cause actual results, developments and business decisions to differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements may include but not be limited to the business strategies for the Company, assumptions of management, pending or future transactions, future estimated mineral resources or grades, investments, asset valuations, anticipated permits and approvals and other information that may be based on forecasts of future exploration, operational or financial results or estimates of matters not yet determinable. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance using words or phrases like the following may be forward-looking statements: : “estimate”, “intend”, “believe,” “expect,” “anticipate,” “plan,” “potential,” “continue” “may”, “might”, “could”, “would” or similar words or expressions. Important factors that could differ materially from the expectations of the Company and management include, among other things, risks related to unsuccessful exploration results, metals prices, fluctuations in currency prices, international markets, conclusions of economic evaluations and changes in project parameters as plans continue to be refined as well as changes in the availability of funding for mineral exploration and development and general economic conditions.

    Additional information about these factors, risks and uncertainties on which forward-looking statements are based is discussed in the Company’s Annual Report on Form 10-K for the year ended January 31, 2021, as updated from time to time in Company filings with the Securities and Exchange Commission. The Company is not responsible for updating the information contained in this public release beyond the presentation date or published date, or for changes made to this document by wire services or Internet services. Risk factors for the company are set out in the 10-K and other periodic filings made with the SEC on EDGAR (ref. Liberty Star Uranium & Metals, Corp.).

    Regulation S-K 1300 Matters On October 31, 2018, the U.S. Securities and Exchange Commission adopted Subpart 1300 of Regulation S-K (“Regulation SK-1300”) to modernize the property disclosure requirements for mining registrants, and related guidance, under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. All registrants are required to comply with Regulation SK-1300 for fiscal years ending after January 1, 2021. Accordingly, the Company must comply with Regulation SK-1300 for its fiscal year ending January 31, 2021. Regulation SK-1300 uses the Committee for Mineral Reserves International Reporting Standards (“CRIRSCO”) based classification scheme for mineral resources and mineral reserves, that includes definitions for inferred, indicated, and measured mineral resources. Liberty Star is an “Exploration Stage Issuer” as defined in Subpart 1300. It currently has no exploration results, mineral resources or mineral reserves to report, accordingly, no information, opinions or data included in the website or in any public releases includes any information or disclosures regarding exploration results, mineral resources or mineral reserves as defined in Regulation SK-1300. As a result, the Company is not required, at this time, to obtain or provide a Technical Report Summary as defined in Regulation SK-1300. U.S. Investors are cautioned not to rely upon or assume for any purpose that any part of the mineralized real property of the Company in these categories will ever be converted into inferred, indicated, and measured mineral resources or probable or proven mineral reserves within the meaning of Regulation S-K 1300.

    UNLESS OTHERWISE EXPRESSLY STATED ON THE FACE OF ANY SUCH INFORMATION, NOTHING CONTAINED IN THIS PUBLIC RELEASE IS, NOR DOES IT PURPORT TO BE, A TECHNICAL REPORT SUMMARY PREPARED BY A QUALIFIED PERSON PURSUANT TO AND IN ACCORDANCE WITH THE REQUIREMENTS OF SUBPART 1300 OF SECURITIES EXCHANGE COMMISSION REGULATION S-K.

    CONTACT:
    Liberty Star Minerals
    Tracy Myers, Investor Relations
    520-425-1433 – info@lbsr.us

    SOURCE: Liberty Star Uranium & Metals Corp.

  • BitDeer Introduces Cloud Hosting Group Buying Mining Machines

    BitDeer Introduces Cloud Hosting Group Buying Mining Machines

    Allowing retail miners to generate revenue with 1 mining machine

    Among the extremely volatile crypto market, mining has been deemed as one of the most stable investments with a decent yield, regardless of the bull or bear market. However, it is known that investing in a Bitcoin mining farm requires some substantial commitments, including a large amount of equipment, a place with low electric fees, and a venue with good ventilation.

    At the same time, crypto mining machines are becoming increasingly expensive, and almost impossible to purchase during the 2021 bull market whilst the mining chips’ supply limitation. Mining machines’ futures settlement date can be as late as early 2022. Miners need an easier and fairer way to enter the arena, and cloud-hosted mining service comes into play.

    BitDeer, the highly trusted digital assets mining and cloud service platform, offers cloud hosting mining service, allowing retail investors to buy as little as 1 mining machine and start crypto mining. The first-of-its-kind group-buying service gives retail investors the same opportunity of bitcoin returns as a big miner.

    BitDeer’s offer lowers the entry barrier for miners and allows investors to enjoy stable mining income without physically establishing a mining farm. Not only the mining return, but BitDeer also launched a time-limited promotion, rewarding purchasers up to $70 worth of Dogecoin per machine.

    BitDeer has various mining farms, which are fully compliant, namely North American Tennessee mining farm, Washington Pangborn mining farm, and Texas mining farm. These mining farms are legally utilizing the local power grid with zero compliance risk. The power operation of the mining machines is stable, with superb ventilation, and a wide equipment handling aisle and operation space. The overseas mining farms have a friendly policy and a mild climate, which is suitable for mining operations.

    Why Cloud Hosting?
    Cloud Hashrate is a mechanism to mine a cryptocurrency such as bitcoin without having to install and directly run the hardware and related software. Users just need to open an account and remotely participate in the process of cryptocurrency mining for a basic cost, making mining accessible to a wider number of people across the world.

    Differently, rather than a portion of the computing power that mining service platform usually offers, BitDeer also offers mining machine purchases that purchaser can substantially own a mining machine and enjoy the bitcoin reward throughout the machine’s lifetime.

    What are the machines?
    Since it is now impossible to profitably mine Bitcoin with your computer, you will need specialized hardware called ASICs. Bitmain’s mining machines have been dominating the market for years considering its leading chip computing capabilities with advanced hashing rate.

    For example, Antminer S17 is an affordable one which can help miners to cover machine cost sooner than peers. S17 is the type that supports group buying on BitDeer.

    Time-limited promotion – Group buy and get Dogecoin
    In response to the Doge market heat, BitDeer has launched a group buying event, that users can purchase mining machines at a cheaper price. At the same time, buyers can enjoy up to $70 free Doge per machine. More Doge to giveaway if you purchase more machines.

    About BitDeer.com
    BitDeer.com is the world’s leading all-in-one mining and cloud service platform, enabling global users to mine cryptocurrencies in a transparent, reliable, and convenient way. It saves users from the complicated process of purchasing, installing, and hosting mining machines. Individual miners can enjoy the service with just one click.

    For more information, please visit
    Website: https://www.bitdeer.com
    Facebook: https://www.facebook.com/BitDeerplatform
    Twitter: https://twitter.com/BitDeerOfficial
    YouTube: https://www.youtube.com/watch?v=lu95K9N5CM4
    VK: https://vk.com/public174640639

    Media Contact
    contact@bitdeer.com