Private

Sify reports Consolidated Financial Results for Q3 FY 2023-24

Retrieved on: 
Thursday, January 18, 2024
Cloud, Private, Silicon, Cloud computing, Data, Corporate venture capital, Research, City, State, Insurance, Venture capital, NBFC, USD, Sify, SAARC, Data center, Multinational corporation, SDWAN, Recovery as a service, Infrastructure as a service

Sify provides services via 974 fiber nodes across the country, a 15% increase respectively over same quarter last year.

Key Points: 
  • Sify provides services via 974 fiber nodes across the country, a 15% increase respectively over same quarter last year.
  • This quarter, Sify invested USD 0.15 Million in start-ups in the Silicon Valley area as part of our Corporate Venture Capital initiative.
  • Among the most prominent new contracts during the quarter were the following:
    One of India’s largest private banks signed up for colocation services.
  • A global financial and technology company is migrating colocation services from a competitor to Sify’s Data Center.

Terra Balcanica Drills 499 g/t AgEq Over 3.8 m At Cumavici Ridge in Bosnia and Herzegovina and Closes Private Placement Financing

Retrieved on: 
Wednesday, January 17, 2024
Private, Gold, HBR, Digestion, Potassium chlorate, GPS, ICP-AES, PQ3, Silver, Acquisition, Offering, HNO3, Regulation, ISO/IEC, National instrument, News, ALS, Terra

VANCOUVER, British Columbia, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce additional assay results from the 2023 Phase II drill campaign confirming continuation of the high-grade Cumavici Ridge polymetallic mineralization within its flagship Viogor-Zanik project in Bosnia and Herzegovina. The Company further announces closing of the final tranche of its non-brokered private placement financing (the “Offering”) of shares (the ”Shares”) for total gross proceeds of $212,200.

Key Points: 
  • Further drilling efforts at Cumavici Ridge will aim to connect the shallow high-grade interval reported in this release to the 531 g/t AgEq over 0.75 m and 355 g/t AgEq over 1.10 m reported over 600 m to the northwest (see Company news release dated 5th November 2023).
  • The system remains untested and open to the southwest down-dip which will also be targeted in 2024 drilling.
  • Drillhole section through step out drill fence located 42 m SE of the 2022 discovery holes at Cumavici Ridge.
  • Terra will use the net proceeds of the Offering for working capital and to finance the acquisition of a strategic mineral exploration licence in Bosnia and Herzegovina.

ProStar Announces Convertible Debenture Financing and Warrant Repricing

Retrieved on: 
Wednesday, January 17, 2024
Private, Finance Secretary (India), Conversion, Indian stock exchange, Debt, Offering, Minority, TSX Venture Exchange, Multilateral, Exercise, Security (finance)

GRAND JUNCTION, Colo., Jan. 17, 2024 (GLOBE NEWSWIRE) -- ProStar Holdings Inc. (“ProStar®” or the “the Company”) (TSXV: MAPS) ( OTCQB: MAPPF ) a world leader in Precision Mapping Solutions®, is pleased to announce that the Company intends to complete a non-brokered private placement of convertible debentures of the Company (each, a “Convertible Debenture”) in the principal amount of up to US$3,000,000 (the “Offering”).

Key Points: 
  • Each Convertible Debenture will bear interest at a rate of 10% per annum, calculated and compounding annually, and mature four (4) years following the date of issuance (the “Maturity Date”).
  • The principal amount of each Convertible Debenture (the “Principal Amount”) will be convertible into units of the Company (each a “Unit”) at a conversion price of C$0.30 per Unit (the “Conversion Price”) at the option of the holder of a Convertible Debenture (“Debenture Holder”) at any time prior to the Maturity Date.
  • Each Unit will be comprised of one common share of the Company (a “Common Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”).
  • Each full Warrant will entitle the holder thereof to purchase one common share of the Company (a “Warrant Share”) at a price of C$0.30 per Common Share for a period of twelve (12) months from the date of issuance thereof (the “Warrant Expiry Date”).

Terra Balcanica Drills 499 g/t AgEq Over 3.8 m At Cumavici Ridge in Bosnia and Herzegovina and Closes Private Placement Financing

Retrieved on: 
Wednesday, January 17, 2024
Private, Gold, HBR, Digestion, Potassium chlorate, GPS, ICP-AES, PQ3, Silver, Acquisition, Offering, HNO3, Regulation, ISO/IEC, National instrument, News, ALS, Terra

Vancouver, British Columbia, Jan. 17, 2024 (GLOBE NEWSWIRE) --  Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce additional assay results from the 2023 Phase II drill campaign confirming continuation of the high-grade Cumavici Ridge polymetallic mineralization within its flagship Viogor-Zanik project in Bosnia and Herzegovina. The Company further announces closing of the final tranche of its non-brokered private placement financing (the “Offering”) of shares (the ”Shares”) for total gross proceeds of $212,200.

Key Points: 
  • Further drilling efforts at Cumavici Ridge will aim to connect the shallow high-grade interval reported in this release to the 531 g/t AgEq over 0.75 m and 355 g/t AgEq over 1.10 m reported over 600 m to the northwest (see Company news release dated 5th November 2023).
  • The system remains untested and open to the southwest down-dip which will also be targeted in 2024 drilling.
  • Drillhole section through step out drill fence located 42 m SE of the 2022 discovery holes at Cumavici Ridge.
  • Terra will use the net proceeds of the Offering for working capital and to finance the acquisition of a strategic mineral exploration licence in Bosnia and Herzegovina.

PGIM, UNCF Study Finds Private HBCU Endowments Need Investment Support

Retrieved on: 
Monday, January 29, 2024
Professional Services, Education, Finance, Asset Management, Continuing, University, Private, Student, UNCF, Research, Multimedia, Partnership, Faculty, Prudential, Ecosystem, Prudential Financial, Head, Risk management, Human, Social mobility, PGIM, PRU, Black, HBCU, Growth, Management

View the full release here: https://www.businesswire.com/news/home/20240129943412/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240129943412/en/
    “ Investing in Change: A Call to Action for Strengthening Private HBCU Endowments ,” details the perspectives of endowment professionals from nearly one-third of all private HBCUs gathered through a comprehensive online survey.
  • Many private HBCUs (44%) are interested in pooling their endowments, which could provide shared resources and improved investment insights.
  • The PGIM and UNCF study is part of Prudential’s broader HBCU strategy to support HBCU leadership, faculty and students, aimed at increasing access and exposure to the financial services and investment management industries.
  • “This study and PGIM’s ongoing partnership with the HBCU community are an extension of our responsibility to support the next generation of investment leaders, so they can be competitive and thrive in our industry.”

JM Search Names New Class of Partners & Announces Executive Leadership Promotions Amidst Continued Growth

Retrieved on: 
Thursday, January 25, 2024
Professional Services, Business, Finance, Private, GE Aviation, CISO, AA, CFO, Software as a service, CIO, Novelis, Consumer, Digital, Newell Brands, K-12, Aviation, Searching, CHRO, Corporate title, Marketing, Growth

JM Search , the leading retained executive search firm for private equity, and other growth-oriented private and public organizations, announces key promotions across the firm.

Key Points: 
  • JM Search , the leading retained executive search firm for private equity, and other growth-oriented private and public organizations, announces key promotions across the firm.
  • These promotions will empower this collective group to play a significant role in supporting the firm and its clients during the next phase of growth.
  • Andy Siravo was promoted to partner to support the firm’s dedicated team of search experts focused on placing CFO & Financial Executives .
  • Prior to joining JM Search, Bruce led Global Talent Acquisition for several large companies including GE Aviation, Newell Brands, and Novelis.

Future Technologies announces Several Multi-Million Dollar Private 5G Awards in the Manufacturing Industry

Retrieved on: 
Wednesday, January 24, 2024
Other Manufacturing, Mobile, Wireless, Technology, 5G, Telecommunications, Manufacturing, Networks, Internet, Electronic Design Automation, Data Management, Private, Network, Intel, PLC, Living lab, Partnership, Nokia, Foot, Federal, Rockwell Automation, Robotics, CNC, Ecosystem, Fortune 1000, Communication, Networking hardware, Georgia-Pacific, Tablet, Fortune 500, Wi-Fi, Computer vision, Automation, Federation, AMR, Growth, Mobile phone

Future Technologies Venture, LLC (“Future Technologies”) announces multiple multi-million-dollar Private 5G contracts for various Fortune 100, Fortune 500 and Fortune 1000 manufacturer clients in the U.S. market.

Key Points: 
  • Future Technologies Venture, LLC (“Future Technologies”) announces multiple multi-million-dollar Private 5G contracts for various Fortune 100, Fortune 500 and Fortune 1000 manufacturer clients in the U.S. market.
  • “Future Technologies has been doing private cellular networks since 2010 and is very well positioned based on our experience to help these clients transform their networks for advanced use cases, coverage applications and network convergence of IT and OT.” said Peter Cappiello, CEO, Future Technologies.
  • On January 30th, Future Technologies will be hosting an A3 Automate webinar focused on industrial automation and the optimization of enterprise workforce through Private 5G.
  • Alternatively, you can Request a Virtual Tour of Future Technologies’ Intel sponsored Private 5G Living Lab.

Delos Expands Advisory Board With Appointment of Human-Centric Workplace Design Expert Kay Sargent

Retrieved on: 
Tuesday, January 23, 2024
Interior Design, Health, Fitness & Nutrition, Commercial Building & Real Estate, Construction & Property, General Health, Building Systems, Private, House, COVID-19, Knowledge, Science, Courage, Society, Workplace, Real estate, Louisiana House of Representatives, Interior, Representative, Management

Delos, a leader in science-backed solutions for healthier indoor spaces, announced today the appointment of Kay Sargent to its advisory board.

Key Points: 
  • Delos, a leader in science-backed solutions for healthier indoor spaces, announced today the appointment of Kay Sargent to its advisory board.
  • The Covid-19 pandemic and resulting fundamental shifts in office use ushered in a new workplace era, and as a result, an opportunity to support more holistic design approaches.
  • “Kay’s wealth of experience and knowledge of workplace design will help Delos fulfill its mission to advance health and wellness through science-based solutions that improve indoor environments.”
    Kay Sargent is an award-winning designer and an innovator in workplace design and strategy.
  • What designers have always done well, the art of design, is being enhanced with the emerging science of design,” said Kay Sargent.

 ISG to Publish Reports Assessing Providers of Software Defined Network Solutions and Services

Retrieved on: 
Wednesday, January 17, 2024
Software, Carriers and Services, Mobile, Wireless, Networks, Internet, Professional Services, Data Management, IOT (Internet of Things), Technology, 5G, Security, Consulting, Private, Research, URL, ISG, Consultant, CX, Aircraft, MPLS, Internet of things, Sales

The study results will be published in a comprehensive series of ISG Provider Lens™ reports, called Network – Software Defined Solutions and Services, scheduled to be released in June 2024.

Key Points: 
  • The study results will be published in a comprehensive series of ISG Provider Lens™ reports, called Network – Software Defined Solutions and Services, scheduled to be released in June 2024.
  • Four geographically focused reports will cover providers with offerings including managed software-defined wide area network (SD-WAN) services, SDN transformation services (consulting and implementation), edge technologies and services (including private 5G) and SASE.
  • SDN Transformation Services (Consulting and Implementation), assessing providers of services associated with delivering SDN and SD-WAN solutions to enterprises, from initial consulting to service delivery and rollout.
  • SASE (Secure Access Service Edge) Solutions and Services, assessing providers of SASE solutions offered to enterprises as overarching integrated networks and security solutions from the enterprise core to the edge.

Swimlane Sets New SecOps Paradigm with Hero AI and the World's First Ultra-Simple Automation Builder

Retrieved on: 
Wednesday, January 17, 2024
Data Management, Security, Technology, Software, Networks, Artificial Intelligence, Internet, Private, TAG, Collection, Multimedia, Intelligence, ChatBot, OpenAI, AI, Workflow, Automation, SOC, Human, Pressure, Telemetry, Organization, Logic, LLM, ROI

Swimlane, automation for the entire security organization, today announced its new Turbine innovations, Canvas and Hero Artificial Intelligence (AI).

Key Points: 
  • Swimlane, automation for the entire security organization, today announced its new Turbine innovations, Canvas and Hero Artificial Intelligence (AI).
  • “There is no such thing as ‘good enough’ automation when it comes to effective security operations,” said James Brear, CEO of Swimlane .
  • “Swimlane places humans at the heart of automation,” said Cody Cornell, co-founder and Chief Strategy Officer of Swimlane.
  • Hero AI , Swimlane’s collection of AI-enabled innovations, enhances the automation solutions available for the Swimlane Turbine platform.