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KULR Lands Initial Battery Testing Order for its SafeCASE Product with Leading US Automaker

Retrieved on: 
Tuesday, March 19, 2024

SAN DIEGO, March 19, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today confirmed its collaboration with a leading U.S. automaker.

Key Points: 
  • SAN DIEGO, March 19, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today confirmed its collaboration with a leading U.S. automaker.
  • This partnership focuses on mitigating thermal runaway risks in EV battery modules through KULR's advanced SafeCASE™ technology.
  • KULR’s CEO, Michael Mo, shared insights on the initiative: "At KULR, we leverage a testing regime as rigorous as that of the KULR ONE project—vital for manned space exploration.
  • This strategic engagement is expected to foster further collaborations, extending KULR's reach into full EV battery transport, logistics, and battery recycling sectors.

MINILUXE ANNOUNCES COMPLETION OF SHARES FOR DEBT SETTLEMENT

Retrieved on: 
Tuesday, March 19, 2024

Boston, MA, March 18, 2024 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) (“MiniLuxe” or the “Company”) is pleased to announce that further to its press release dated February 16, 2024, it has completed its shares for debt transaction, whereby an aggregate of 597,446 Class A subordinate voting shares were issued to Paintbox, LLC and certain arm’s length non-management employees at a price of per share of CAD$0.52, in satisfaction of an aggregate of USD$221,959 previously owing by the Company to the parties. The pricing was based on the closing price of the Company’s Class A subordinate voting shares of CAD$0.65 on February 16, 2024, the date of the Company’s application to the TSXV, discounted by 20% in accordance with TSXV policies. For more information, please see the Company’s press release dated February 16, 2024.

Key Points: 
  • The pricing was based on the closing price of the Company’s Class A subordinate voting shares of CAD$0.65 on February 16, 2024, the date of the Company’s application to the TSXV, discounted by 20% in accordance with TSXV policies.
  • For more information, please see the Company’s press release dated February 16, 2024.
  • All securities issued pursuant to the settlement are subject to a hold period of four months and one day from the date of issuance in accordance with applicable securities legislation.
  • This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release.

RevoluPay Announces Strategic Agreement with SHIFT Financial Services Ltd.

Retrieved on: 
Tuesday, March 19, 2024

Vancouver, BC, March 19, 2024 (GLOBE NEWSWIRE) -- RevoluGROUP Canada Inc. (TSX-V: REVO ), (Frankfurt: IJA2 ), (Munich: A2PU92 ) (the "Company") is pleased to announce that RevoluGROUP, through its wholly owned subsidiary RevoluPAY, has entered into a strategic collaboration with SHIFT Financial Services Ltd. (“SHIFT”).

Key Points: 
  • Vancouver, BC, March 19, 2024 (GLOBE NEWSWIRE) -- RevoluGROUP Canada Inc. (TSX-V: REVO ), (Frankfurt: IJA2 ), (Munich: A2PU92 ) (the "Company") is pleased to announce that RevoluGROUP, through its wholly owned subsidiary RevoluPAY, has entered into a strategic collaboration with SHIFT Financial Services Ltd. (“SHIFT”).
  • "Our collaboration with SHIFT is a testament to our commitment to providing top-tier financial solutions that meet the evolving demands of the global market," commented Alfred Manresa, Director of RevoluGROUP and General Manager of RevoluPAY.
  • The agreement sets forth a detailed operational framework that encompasses intermediary services for processing international transactions streamlined through the RevoluPAY platform.
  • "Mr. Riveros's commitment and financial backing are paramount to accelerating our mission of revolutionizing the financial ecosystem.

Fintech Market Size Projected To Grow To $882 Billion By 2030 as Advanced Technologies & Services Expand

Retrieved on: 
Tuesday, March 19, 2024

These services are typically delivered over the cloud, allowing other companies to integrate and use financial technology capabilities without developing these technologies in-house.

Key Points: 
  • These services are typically delivered over the cloud, allowing other companies to integrate and use financial technology capabilities without developing these technologies in-house.
  • A report from Fortune Business Insights projected that the fintech market size is projected to grow to USD 882.30 billion by 2030, exhibiting a CAGR of 17% during the forecast period (2023-2030).
  • Fortune Business Insights continued: “Moreover, the economic impact of the pandemic led to an increased demand for lending and credit services.
  • North America is leading the fintech market share globally with market value of USD 89.61 billion in 2022.

CNH publishes 2024 Annual General Meeting agenda  

Retrieved on: 
Tuesday, March 19, 2024

CNH Industrial (NYSE: CNHI) announced today that it has published its notice of the 2024 Annual General Meeting of Shareholders (“AGM”) and proxy statement.

Key Points: 
  • CNH Industrial (NYSE: CNHI) announced today that it has published its notice of the 2024 Annual General Meeting of Shareholders (“AGM”) and proxy statement.
  • Shareholders may request a hard copy of these materials, which include CNH Industrial’s audited financial statements, free of charge, through the contacts below.
  • If shareholders approve the proposed cash dividend, the record date for the dividend will be May 13, 2024.
  • For more information and the latest financial and sustainability reports visit: cnh.com
    For news from CNH and its Brands visit: media.cnhindustrial.com

NVIDIA Announces Omniverse Cloud APIs to Power Wave of Industrial Digital Twin Software Tools

Retrieved on: 
Monday, March 18, 2024

SAN JOSE, Calif., March 18, 2024 (GLOBE NEWSWIRE) -- NVIDIA today announced that NVIDIA Omniverse™ Cloud will be available as APIs, extending the reach of the world’s leading platform for creating industrial digital twin applications and workflows across the entire ecosystem of software makers.

Key Points: 
  • SAN JOSE, Calif., March 18, 2024 (GLOBE NEWSWIRE) -- NVIDIA today announced that NVIDIA Omniverse™ Cloud will be available as APIs, extending the reach of the world’s leading platform for creating industrial digital twin applications and workflows across the entire ecosystem of software makers.
  • Some of the world’s largest industrial software makers that are embracing Omniverse Cloud APIs into their software portfolios include: Ansys, Cadence, Dassault Systèmes for its 3DEXCITE brand, Hexagon, Microsoft, Rockwell Automation, Siemens and Trimble.
  • Cadence , a leading computational software provider, is adopting Omniverse Cloud APIs into its Cadence® Reality Digital Twin Platform so enterprises can design, simulate and optimize data centers in a digital twin prior to physical build-out.
  • Industrial-automation and digital transformation company Rockwell Automation will use Omniverse Cloud APIs to power RTX-enabled visualization.

International Cobalt Announces $5.3M Debt Settlement

Retrieved on: 
Monday, March 18, 2024

VANCOUVER, British Columbia, March 18, 2024 (GLOBE NEWSWIRE) -- International Cobalt Corp. (“International Cobalt” or the “Company”) advises that it has entered into a settlement agreement dated February 28, 2024, with Tantalex Lithium Resources Corp. (“Tantalex”) to settle an amount of CDN$5,324,275.30 owed to the Company (the “Settlement Agreement”).

Key Points: 
  • VANCOUVER, British Columbia, March 18, 2024 (GLOBE NEWSWIRE) -- International Cobalt Corp. (“International Cobalt” or the “Company”) advises that it has entered into a settlement agreement dated February 28, 2024, with Tantalex Lithium Resources Corp. (“Tantalex”) to settle an amount of CDN$5,324,275.30 owed to the Company (the “Settlement Agreement”).
  • Each Tantalex Warrant is exercisable by the Company to acquire 50,000,000 Tantalex Shares at a price of $0.10 for a period of thirty (30) months from issuance (the “Debt Settlement”).
  • As a result of the Debt Settlement, the Company became an insider of Tantalex.
  • Forward-looking information includes, but is not limited to, statements with respect to the debt settlement and the completion thereof.

Growing Crypto Market Generated $23 Million USDT for MEXC Users Via Free Airdrops

Retrieved on: 
Monday, March 18, 2024

Amidst the current crypto bull run, MEXC users holding the MX token have been presented with a remarkable opportunity to amplify their profits through free airdrop events.

Key Points: 
  • Amidst the current crypto bull run, MEXC users holding the MX token have been presented with a remarkable opportunity to amplify their profits through free airdrop events.
  • Through strategic partnerships and meticulous planning, MEXC has curated 201 free airdrop events in January and 199 free airdrop events in February.
  • By harnessing the power of airdrops, MEXC has unlocked unprecedented value for its users, catalyzing growth and driving profitability in the crypto market.
  • As the crypto market continues to evolve and thrive, MEXC remains dedicated to empowering its users and shaping the future of finance.

VCI Global Acquires AI-Based Secured Messaging Platform From Cogia GmbH

Retrieved on: 
Monday, March 18, 2024

KUALA LUMPUR, Malaysia, March 18, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, “VCIG”, or the “Company”) today announced it has closed transaction with Cogia GmbH, by successfully acquired Socializer Messenger from Cogia GmbH, a software company based in Germany.

Key Points: 
  • KUALA LUMPUR, Malaysia, March 18, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, “VCIG”, or the “Company”) today announced it has closed transaction with Cogia GmbH, by successfully acquired Socializer Messenger from Cogia GmbH, a software company based in Germany.
  • This highly secure messenger platform is currently serving the government of a NATO founding EU country.
  • The Socializer Messenger represents the ultimate communication solution, integrating revolutionary privacy and security features with advanced AI technology.
  • “We are very excited about today’s announcement that VCI Global has successfully added another innovative product, the Socialized Messenger, to our technology portfolio.

RevoluGroup and eSignus: Bridging the Digital Asset Divide Through Revolutionary Integration of Digital and Fiat Payment Fabrics

Retrieved on: 
Monday, March 18, 2024

This landmark partnership is set to redefine the global payment landscape, merging traditional payment infrastructures with cutting-edge custody solutions for the estimated USD $1.42 trillion digital asset market.

Key Points: 
  • This landmark partnership is set to redefine the global payment landscape, merging traditional payment infrastructures with cutting-edge custody solutions for the estimated USD $1.42 trillion digital asset market.
  • This partnership's heart is integrating with the eSignus platform to provide unprecedented flexibility in payment and fund transfers.
  • This integration facilitates seamless on-ramp/off-ramp for digital asset transactions and significantly enhances RevoluGROUP Global Payment Fabric.
  • A relatively new concept in the financial world, these types of loans allow clients to leverage their digital asset holdings as collateral to secure fiat loans.