VENEZUELA

Gold Reserve Inc. Closes US$15.0M Private Placement

Retrieved on: 
Freitag, Juni 7, 2024

Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) is pleased to announce the closing of its previously announced best efforts private placement of 4,285,715 Class A common shares of the Company (the “Common Shares”) at a price of US$3.50 per Common Share for gross proceeds of approximately US$15,000,000.00 (the “Offering”) with Cantor Fitzgerald Canada Corporation (“CFCC”) as sole agent and bookrunner.

Key Points: 
  • Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) is pleased to announce the closing of its previously announced best efforts private placement of 4,285,715 Class A common shares of the Company (the “Common Shares”) at a price of US$3.50 per Common Share for gross proceeds of approximately US$15,000,000.00 (the “Offering”) with Cantor Fitzgerald Canada Corporation (“CFCC”) as sole agent and bookrunner.
  • In connection with the Offering, the Company has paid CFCC a cash commission totalling approximately US$400,000.
  • Forward-looking statements contained in this press release include, but are not limited to, statements relating to the Offering and the Potential Transaction.
  • All subsequent written and oral forward-looking statements attributable to Gold Reserve or persons acting on its behalf are expressly qualified in their entirety by this notice.

Gold Reserve Announces It Has Engaged Advisors to Arrange for Potential Financing in Connection With Its Previous Announced Potential Bid in Relation to the Sale of the Shares of PDV Holdings, Inc., Under the Delaware Proceedings

Retrieved on: 
Mittwoch, Juni 5, 2024

Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) announced today that it has engaged advisors to arrange for potential debt and equity financing in connection with the Company’s previously announced Potential Bid (as defined below).

Key Points: 
  • Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) announced today that it has engaged advisors to arrange for potential debt and equity financing in connection with the Company’s previously announced Potential Bid (as defined below).
  • This press release is neither an offer to sell nor a solicitation of an offer to buy any securities of the Company.
  • Forward-looking statements contained in this press release include, but are not limited to, statements relating to any potential debt or equity financing, the Potential Transaction and the Potential Bid.
  • This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements.

Press release - Sakharov Prize laureates call on Europeans to vote and defend democracy

Retrieved on: 
Sonntag, Juni 2, 2024

Sakharov Prize laureates call on Europeans to vote and defend democracy

Key Points: 
  • Sakharov Prize laureates call on Europeans to vote and defend democracy
    Sviatlana Tsikhanouskaya, Oleksandra Matviichuk and Lorent Saleh are among the Sakharov laureates calling on citizens to vote in the European elections.
  • In a #UseYourVote campaign video, recent Sakharov Prize laureates and their teams share messages with EU citizens ahead of the 6 - 9 June European elections.
  • Background
    The Sakharov Prize for Freedom of Thought is the highest tribute paid by the European Union to human rights work.
  • Through the prize and its associated network, the EU assists laureates, who are supported and empowered in their efforts to defend their causes.

Gold Reserve Announces Private Placement Including for Purposes of Funding a Potential Transaction in Relation to the Sale of the Shares of PDV Holdings, Inc., Under the Delaware Proceedings

Retrieved on: 
Dienstag, Mai 28, 2024

If exercised in full, the Company would raise up to US$15 million in gross proceeds from the issuance of Common Shares.

Key Points: 
  • If exercised in full, the Company would raise up to US$15 million in gross proceeds from the issuance of Common Shares.
  • Any Common Shares sold to investors outside of Canada will be sold pursuant to OSC Rule 72-503.
  • In connection with the Potential Transaction, ancillary non-equity funding beyond the Share Offering will be required, which the Company is separately pursuing.
  • Forward-looking statements contained in this press release include, but are not limited to, statements relating to the Share Offering and the Potential Transaction.

Iran’s intervention in Sudan’s civil war advances its geopolitical goals − but not without risks

Retrieved on: 
Dienstag, Mai 28, 2024

Similarly, Tehran’s arms shipments to Russia are well known and have prompted complaints and sanctions from the West.

Key Points: 
  • Similarly, Tehran’s arms shipments to Russia are well known and have prompted complaints and sanctions from the West.
  • But Tehran has received little coverage of its military intervention in another deadly conflict: Sudan’s civil war.
  • It follows a similar trajectory as Iran’s involvement in Ethiopia during the Tigray war of 2020-22.

Projecting power

  • Iran has done this to project power, strengthen alliances and influence conflicts in the Middle East and other regions.
  • At the same time, it can prove a lucrative source of income for the Iranian economy, as well as a showcase for the country’s technology.
  • In regards to Sudan, arming the SAF helps both Iran’s wider geopolitical goals and its competition with regional rivals, including Saudi Arabia, the United Arab Emirates and Israel.

Rogue states

  • It exported tractors there and stationed naval vessels at Sudanese ports in the Gulf of Aden and the Red Sea.
  • As a fellow so-called rogue state subjected to U.S. sanctions and embargoes, Sudan provided diplomatic support to Tehran throughout the period.
  • These setbacks resulted from Iran disengaging from Sudan and Africa to concentrate on nuclear diplomacy with the United States and other world powers.
  • They also coincided with growing military, diplomatic and economic assistance from Saudi Arabia and the UAE to Sudan and other states in the Horn of Africa in exchange for joining the Saudi-led coalition against the Iran-backed Houthis in Yemen.

Making inroads in the Horn

  • Tehran aspires to assist al-Burhan and the SAF win the war and take back control of the state.
  • Giving assistance to the SAF also fits a dynamic that predates the war and again relates to Iran’s battle for influence with Saudi Arabia.
  • Outside the military realm, the UAE has a sizable economic edge over Iran as Sudan’s largest export partner and second largest import partner.

Fueling conflict

An International media tour in Maoming, China: The land of lychees, the coastal oil city

Retrieved on: 
Freitag, Mai 24, 2024

Maoming is a coastal city that ingeniously utilizes its unique coastal ecological resources and Danjia culture to create a new model for rural revitalization that integrates fishing, industry, culture, and tourism -- the Danjia Market. This market highlights various cultural themes, such as Madam Xian culture, Li ethnic culture, Danjia culture, and maritime trade culture, showcasing Maoming's traditional "chenshi" (market) culture. The Danjia Market is not only a tourist destination but also a model for integrated industrial development.

Key Points: 
  • MAOMING, China, May 24, 2024 (GLOBE NEWSWIRE) -- On May 21-23, the "Chinese Culture Tour" media delegation, consisting of journalists and photographers from internationally renowned outlets visited Maoming, a coastal city known for its lychees.
  • To gain a deeper understanding of lychee culture, the media delegation visited the ancient lychee orchard in Baiqiao Village which is referred to as a "living museum" of lychees.
  • Outside the China Lychee Exhibition Hall, both domestic and international journalists experienced the intangible cultural heritage of Gaozhou woodcut art.
  • The mine ecological park has taken shape located on the origin spot where the oil stone was dug.

Latin America Data Center Market Landscape Report 2024-2029 Featuring Prominent Vendors - Arista, Broadcom, Cisco, Caterpillar, HPE, Huawei, Dell, IBM, NetApp, Google, Eaton, ABB & Google Among Others - ResearchAndMarkets.com

Retrieved on: 
Freitag, Mai 24, 2024

The market has several participants/vendors active in the Latin America data center market, leading to market growth.

Key Points: 
  • The market has several participants/vendors active in the Latin America data center market, leading to market growth.
  • Brazil led the Latin America data center market in 2023, accounting for over 40% of the market share in investments.
  • What is the estimated market size in terms of area in the Latin America data center market by 2029?
  • How many MW of power capacity is expected to reach the Latin America data center market by 2029?

Ad Agency Motive Hires Two Former 72andSunny Creatives

Retrieved on: 
Dienstag, Mai 7, 2024

DENVER, May 07, 2024 (GLOBE NEWSWIRE) -- Motive , a leading marketing and advertising agency and member of the Project Worldwide network, today announced the hiring of former 72andSunny creatives Francisco Puppio and Gabo Curielcha to lead the agency’s Los Angeles office.

Key Points: 
  • DENVER, May 07, 2024 (GLOBE NEWSWIRE) -- Motive , a leading marketing and advertising agency and member of the Project Worldwide network, today announced the hiring of former 72andSunny creatives Francisco Puppio and Gabo Curielcha to lead the agency’s Los Angeles office.
  • The duo that is affectionately called FraBo have worked together on and off for more than 15 years after meeting at Y&R in Chicago.
  • Fran is a globetrotter from Venezuela who has spent most of his time living and working all over the world.
  • “Their passion, expertise, and fresh perspectives promise to ignite a new wave of innovation at Motive.”

Black & Veatch Delivers Feasibility Study for Andes Energy LNG Terminal

Retrieved on: 
Donnerstag, Mai 9, 2024

Global liquefied natural gas (LNG) infrastructure solutions leader Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, LNG regasification terminal and power plant.

Key Points: 
  • Global liquefied natural gas (LNG) infrastructure solutions leader Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, LNG regasification terminal and power plant.
  • “Black & Veatch’s more than 45 years of experience in developing projects in Latin America and over 100 years of experience in critical infrastructure aligned our team perfectly to assess the Andes Energy Terminal (AET),” said Laszlo von Lazar, president of Black & Veatch’s energy and process industries business.
  • It consists of an LNG terminal for receiving imported LNG, land-based regasification plant, LNG truck loading terminal, power plant and associated gas and electrical transmission infrastructure.
  • The regasification plant in the Pacific coast is an undeniable need, and we are in a privileged position to be able to deliver the solution to this challenge with the Andes Energy Terminal project.”
    Contact Black & Veatch for more information.

Spectacular revival of Marco Polo captivated global audience

Retrieved on: 
Sonntag, Mai 5, 2024

In order to commemorate the 700th anniversary of the passing of the legendary Italian traveler Marco Polo, the show returns with a stellar cast and conductor after its debut in 2018.

Key Points: 
  • In order to commemorate the 700th anniversary of the passing of the legendary Italian traveler Marco Polo, the show returns with a stellar cast and conductor after its debut in 2018.
  • This grand production transported viewers along the historic Silk Road, recounting the legendary adventures of the iconic Italian traveler, Marco Polo, and his companions.
  • From the elaborate costumes to the intricate set design, every aspect of the production captivated the audience, immersing them in the sights and sounds of Marco Polo's journey.
  • "Actually I feel kind of identifying with the show because Marco Polo was a foreigner to China and then the whole love took place in China.