SVM

Silvercorp Provides OreCorp Offer Update

Retrieved on: 
Friday, March 1, 2024

The Silvercorp Offer is contained in the replacement bidder's statement issued by Silvercorp and dated January 16, 2024 (as supplemented on February 2, 2024) ("Bidder's Statement").

Key Points: 
  • The Silvercorp Offer is contained in the replacement bidder's statement issued by Silvercorp and dated January 16, 2024 (as supplemented on February 2, 2024) ("Bidder's Statement").
  • Silvercorp further notes that, as at the time of this announcement, Perseus Mining Limited ("Perseus") has yet to provide an update on the status of its application to the Fair Competition Commission of Tanzania for an unconditional merger control approval in relation to its off-market takeover bid for all of the ordinary shares in OreCorp ("Perseus Offer").
  • Also, unlike the Silvercorp Offer, Perseus has not agreed to waive all conditions to the Perseus Offer within 3 business days after the 50.1% minimum acceptance condition is satisfied (other than any condition which has been publicly announced being breached or suspected to be breached).
  • Silvercorp encourages all OreCorp shareholders who have not already accepted the Silvercorp Offer to do so without delay.

NEW 2025 KIA K5 MAKES NORTH AMERICAN DEBUT AT CHICAGO AUTO SHOW

Retrieved on: 
Thursday, February 8, 2024

IRVINE, Calif., Feb. 8, 2024 /PRNewswire/ -- Kia America chose the concrete corridors of Chicago to pull the wraps off the refreshed 2025 K5 midsize sedan today at the opening of the Chicago Auto Show. The show played host to the sporty sedan's North American debut, which features a new-for-K5 2.5-liter normally aspirated engine, updated design cues inside and out, drivetrain refinements and numerous tech upgrades across five trim levels: LXS, EX, GT-Line (in front or all-wheel drive) and the hot-blooded turbocharged GT.

Key Points: 
  • The updates for 2025 position the K5 in the sweet spot for those needing room for five but prefer to make a bold statement when it comes to their vehicle."
  • For the 2025 model year, subtle refinements highlight more standard features across the lineup with a focus on the popular EX trim.
  • Digital Key 22, heated steering wheel, and power folding mirrors with integrated LED turn signals are all standard.
  • Already a standout in the midsize sedan segment, the 2025 Kia K5's design enhancements better align with Kia's Opposites United typography.

Helen Cai Joins Silvercorp Board

Retrieved on: 
Wednesday, February 7, 2024

VANCOUVER, BC, Feb. 7, 2024 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) today announced the appointment of Helen Cai to its Board as an independent director.

Key Points: 
  • VANCOUVER, BC, Feb. 7, 2024 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) today announced the appointment of Helen Cai to its Board as an independent director.
  • Ms. Cai is currently an independent director of Barrick Gold Corporation and Largo Inc., and most recently worked as a managing director with China International Capital Corporation until the spring of 2021.
  • Prior to this, Ms. Cai worked as a research analyst with the Goldman Sachs Group covering American mining and technology sectors and was highly ranked by the StarMine analyst ranking service.
  • Silvercorp's CEO and Chair, Dr. Rui Feng stated: "We are very pleased to welcome Ms. Cai to our Board.

Alibaba Cloud Supports the First Winter Youth Olympic Games in Asia to Enhance Efficiency and Engagement

Retrieved on: 
Tuesday, January 30, 2024

As the official cloud services partner of the IOC, Alibaba Cloud continues to foster a more efficient Winter Youth Olympic Games and maximise the engagement for sports fans.

Key Points: 
  • As the official cloud services partner of the IOC, Alibaba Cloud continues to foster a more efficient Winter Youth Olympic Games and maximise the engagement for sports fans.
  • As Asia's first Winter Youth Olympic Games, the Gangwon 2024 Organizing Committee has deployed its major platforms for operations, including the staff management portal and ticketing system, on Alibaba Cloud's scalable and secure cloud infrastructure to optimize efficiency.
  • The digital flame, displayed at a 8.6m*2.5m*2.7m physical "cauldron" stationed at the Olympic Park in Gangwon, is to be lit throughout the Winter Youth Olympic Games.
  • To inspire the young generation in South Korea to unleash their creativity, the Gangwon 2024 Organizing Committee have partnered with Alibaba Cloud to host the "Gangwon 2024 Winter Youth Olympic Games Alibaba Cloud Hackathon".

Kia Canada set to unveil the refreshed 2024 Sorento at the Montreal International Auto Show

Retrieved on: 
Monday, January 15, 2024

TORONTO, Jan. 15, 2024 /CNW/ - The 2024 Kia Sorento will be making its debut at the Montreal International Auto Show with a bold exterior redesign, an up-scaled interior and next-generation technology.

Key Points: 
  • TORONTO, Jan. 15, 2024 /CNW/ - The 2024 Kia Sorento will be making its debut at the Montreal International Auto Show with a bold exterior redesign, an up-scaled interior and next-generation technology.
  • The rear of the 2024 Kia Sorento has been refreshed to incorporate Kia's sophisticated design philosophy.
  • As first seen in Kia's flagship vehicle, the 2024 EV9, the 2024 Sorento features Kia's next-generation, ultramodern Connected Car Navigation Cockpit (ccNC) operating system.
  • The 2024 Kia Sorento is now in production and ready for ordering at dealers across Canada and will be on display at the Montreal International Autoshow Jan 19th – 28th, 2024 for the first time in Canada.

WiMi Developed RPSSC Technology With Multiple Advantages in Hyperspectral Image Processing

Retrieved on: 
Wednesday, January 3, 2024

First, the RPSSC uses principal component analysis (PCA) and LDA algorithms to downscale the original hyperspectral image.

Key Points: 
  • First, the RPSSC uses principal component analysis (PCA) and LDA algorithms to downscale the original hyperspectral image.
  • WiMi's RPSSC technology has multiple technical advantages in realizing the comprehensive utilization of spectral and spatial features of hyperspectral images.
  • RPSSC technology marks an important breakthrough for WiMi in the field of hyperspectral image classification.
  • WiMi's RPSSC technology represents the cutting edge of hyperspectral image classification.

Silvercorp Adds New General Manager for Tanzania Project

Retrieved on: 
Thursday, December 28, 2023

VANCOUVER, BC, Dec. 28, 2023 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) is pleased to announce the hiring of Mr. Kevin Moxham as General Manager of Tanzania Projects effective January 1, 2024.

Key Points: 
  • VANCOUVER, BC, Dec. 28, 2023 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) is pleased to announce the hiring of Mr. Kevin Moxham as General Manager of Tanzania Projects effective January 1, 2024.
  • Reporting to the CEO and the President, Mr. Moxham's main responsibility will be to lead the construction and commissioning of the Nyanzaga Gold Project, along with related infrastructure, in Tanzania, once Silvercorp has assumed effective control of the project.
  • Prior to joining Silvercorp, Mr. Moxham most recently served as Executive General Manager of the Khoemacau Copper Mine in Botswana where he was instrumental in facilitating its sale to MMG Limited for approximately US$2 billion in November 2023.
  • Dr. Rui Feng, Chairman and CEO of Silvercorp, commented, "We are very pleased to welcome Kevin to the Silvercorp team.

MicroAlgo Inc. Announced Bitcoin Trading Prediction Algorithm Based on Machine Learning and Technical Indicators

Retrieved on: 
Tuesday, December 26, 2023

BEIJING, Dec. 26, 2023 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced a Bitcoin trading prediction algorithm based on machine learning and technical indicators.

Key Points: 
  • BEIJING, Dec. 26, 2023 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced a Bitcoin trading prediction algorithm based on machine learning and technical indicators.
  • MicroAlgo Inc.'s Bitcoin trading prediction algorithm based on machine learning and technical indicators utilizes a large amount of market data to train a model to predict the future movement of the Bitcoin price.
  • MicroAlgo Inc.'s Bitcoin trading prediction algorithm based on machine learning and technical indicators plays a crucial role in the construction of the technical foundation with data processing and feature engineering.
  • By incorporating machine learning models, technical indicator analysis, and advanced quantitative trading strategies, a Bitcoin trading prediction algorithm based on machine learning and technical indicators from MicroAlgo Inc. has demonstrated superior performance on historical data.

Pinnacle Precision Boosts Solutions Provider Reputation with Capital Investment

Retrieved on: 
Thursday, December 7, 2023

ANAHEIM, Calif., Dec. 7, 2023 /PRNewswire/ -- Pinnacle Precision, a leading metal solutions provider serving industry-leading medical, aerospace, defense, renewable energy, and communications companies, announces the addition of two high-capacity machining mills and a turning center to answer increased customer demand.

Key Points: 
  • ANAHEIM, Calif., Dec. 7, 2023 /PRNewswire/ -- Pinnacle Precision, a leading metal solutions provider serving industry-leading medical, aerospace, defense, renewable energy, and communications companies, announces the addition of two high-capacity machining mills and a turning center to answer increased customer demand.
  • "We invested in these machines to evolve with the needs of our customers," says Pinnacle Precision General Manager Kevin Beatty.
  • Pinnacle added two DN Solutions SVM 5100L vertical machining centers and a Lynx 2100LY turning center to the center's 73,000-square-foot facility.
  • The injection of these machines enables Pinnacle Precision to ramp up its delivery of parts, components, and total assembly solutions to its customers in various industries.

WiMi Announced an Optimized Classification Based on EEG and fNIRS

Retrieved on: 
Tuesday, November 28, 2023

WiMi's classification optimization based on EEG and fNIRS mainly includes the key steps of data acquisition and pre-processing, signal fusion and feature extraction, feature weighting and optimization, classifier design and training, and result analysis and optimization.

Key Points: 
  • WiMi's classification optimization based on EEG and fNIRS mainly includes the key steps of data acquisition and pre-processing, signal fusion and feature extraction, feature weighting and optimization, classifier design and training, and result analysis and optimization.
  • Key components include:
    Data acquisition and pre-processing: By acquiring and pre-processing EEG and fNIRS signals.
  • Signal fusion and feature extraction: The pre-processed EEG and fNIRS signals are fused and key features are extracted.
  • WiMi's EEG and fNIRS-based classification optimization aims to give full play to the complementary advantages of EEG and fNIRS signals, and improve the classification and recognition accuracy of brain activities through reasonable data processing and analysis methods.