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Gold Prices Hold Steady Amidst Burgeoning Manufacturing Activity

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NEW YORK, March 19, 2021 /PRNewswire/ — Gold prices held steady on Thursday, at round USD 1,720 an ounce. Additionally, the Philadelphia Federal Reserve showed growing momentum in the region’s manufacturing sector. The index for current manufacturing activity in the region jumped from a reading of 23.1 in February to 51.8 this month, its highest point in nearly 50 years. Nearly 59% of the firms reported increases in current activity this month (up from 35% last month), while only 7% reported decreases (down from 11%). Currently, traders take into consideration the outlook for economic growth and the low interest rates, which will also have an impact on the precious metal’s price. While positive for the gold market, the increased manufacturing activity is also coming with higher prices, indicating further inflation pressures. Exploits Discovery Corp. (CSE: NFLD) (OTC: RNRRF), McEwen Mining Inc. (NYSE: MUX), Gold Fields Ltd. (NYSE: GFI), Equinox Gold Corp. (NYSE: EQX), IAMGOLD Corporation (NYSE: IAG)

Billionaire investor Mark Mobius, Executive Chairman of Templeton Emerging Markets Group and founder of Mobius Capital Partners, explained to an interview with CNBC that “you’ve got to be in these precious metals, simply because they represent a form of currency… So I believe that those who are looking at gold and silver would be wise to have some of that in their portfolio.” According to the investor, even if bond yields would reach 2%, precious metals are still worth it in the long run. “A 2% rate for the 10-year is not high and I don’t think that will attract many people,” he said. “It’s not very significant.”

Exploits Discovery Corp. (CSE: NFLD) (OTCQB: RNRRF) along with its exploration partner GoldSpot Discoveries Corp. announced breaking news that it, “has defined three high priority drill targets through Goldspot’s proven artificial intelligence (A.I.) machine learning and data analysis technology, which was instrumental in New Found Gold’s discovery of the Keats and Lotto zones.

What we have done:

  • The True Grit Project hosts the GRUB Line, a deep seated gold bearing fluid conduit that crosses the Exploits sub zone and defines mineral pathways similar to the Appleton Fault, the Joe Batts Pond Fault and the Dog Bay Line.
  • In the last six months Exploits has undertaken:
    • A high resolution (100m spacing) airborne VTEM geophysical survey.
    • SGH soil grid analysis
    • Surficial structural mapping and sampling
    • Historic drill data compilation and modeling

Where we are going:

  • Goldspot has identified three high priority exploration targets using proven techniques similar to those used by GoldSpot for New Found Gold’s Keats high grade epizonal gold discovery where they drilled 92.86 g/t Au over 19 metres.
  • The geophysical targets display a structural patterns of primary and secondary faulting, that is reinforced by results of SGH soil anomalies, structural mapping, sampling, and 3D modeling of historic shallow drilling.
  • The True Grit Property is road accessible and fully permitted for drilling in Spring of 2021. It is the first prospect in a series of five drill targets that Exploits is focused on drilling in the spring of 2021.

Michael Collins, president and chief executive officer of Exploits, commented: ‘Exploits exploitation strategy is benefiting our shareholders.  In only 6 months we have defined and filed drill permits on 5 projects. With our first permit at True Grit we have defined 3 new targets. That is based on a synthesis of new and old geological information by some of the best minds and A.I. in the business. We look forward to drilling at True Grit and applying our exploration model to the next 4 projects.’

The companies have identified 3 high priority drilling targets on the True Grit Gold Property. GoldSpot’s data analysis techniques along with Exploits’ historic data compilation, SGH soil survey, and preliminary results from the new high resolution airborne VTEM survey have clearly defined new gold targets for drill testing at True Grit.

The True Grit Project is host to the deep seated GRUB Line fault zone, a known conduit for gold mineralization and gold bearing fluids across the Exploits subzone. The preliminary results have identified a structural pattern of primary and secondary fault structures associated with the GRUB Line, similar to structures Goldspot identified on New Found Gold’s Queensway South project.

Current evidence suggests that historical exploration drilling took place on the fringe of the identified targets and the gold intercepts discovered to date are potentially distal to the main mineralized bodies.

Target 1: 3D geological modeling of the historical drilling at True Grit indicates that veining may have a spatial/geometric association with metasediment rock units, coincident with north-south EM conductors. This target was poorly tested by shallow historic drilling that missed both the EM-sedimentary rock hosted anomaly as well as the SGH/Magnetic anomaly. This suite of features are usually expressed by rocks that have been broken up and subject to fluid flow. This structural preparation gives the host rock a higher capacity to host significant gold mineralization than the adjacent areas of known gold mineralization on the True Grit Project. 

Untested Targets 2 and 3, were identified on a conductive northeast trending EM anomalies along a major fault structure.

Target 2: is a coincident magnetic high and conductive EM anomaly, overlaid by intersecting major north trending and northeast trending faults to the north of known low grade gold mineralization. It is the strongest of the three highlighted EM conductors and has the structural complexity to develop open spaces required for deposition of gold mineralization.

Target 3: is a coincident conductive EM signature and high priority SGH gold soil anomaly. The SGH gold soil anomaly is spatially associated with an interpreted northwest trending fault, defined by magnetic inversion data, and cross cuts the regional scale EM conductor. This interpreted structural network of primary and secondary structures is critical for the generation and emplacement of epizonal, orogenic gold mineralization.

The True Grit property is 100% owned by Exploits Discovery, subject to a 2% royalty with a 1% buy back for $1 million. It is easily accessible, located only two km west of the junction of the Harbour Breton (Route 360) and St. Alban’s highways (Route 361) in the Baie d’ Espoir area of Newfoundland’s Exploits subzone.

*This press release contains information with respect to adjacent or similar mineral properties which the Company has no interest or rights to explore or mine. Readers are cautioned that the Company has no interest in or right to acquire any interest in any such properties on adjacent or similar properties are not indicative of mineral deposits on the Company’s properties.

National Instrument 43-101 disclosure

Ian Herbranson, P.Geo, is Vice-President of Exploration for the company and qualified person as defined by National Instrument 43-101. Mr. Herbranson supervised the preparation of the technical information in this news release.”

For our latest “Buzz on the Street” Show featuring Exploits Discovery Corp. recent corporate news, please head over to: https://www.youtube.com/watch?v=RusxTZjdhtE&ab_channel=FinancialBuzzMedia

McEwen Mining Inc. (NYSE: MUX) reported earlier this year an updated Indicated Resource Estimate of 499,000 contained gold ounces and Probable Reserve Estimate of 302,000 recoverable gold ounces for the Gold Bar Mine in Nevada (“Gold Bar”). See Tables 1-3 for the updated estimates. Gold Bar’s estimated after-tax net present value (NPV) discounted at 8% and using a gold price of USD 1,500/oz is in the range of USD 62 to USD 76 Million; while the upside case at a gold price of USD 1,900/oz is in the range of USD 150 to USD 170 Million. Potential mine life is in the range of 5 to 7 years based on currently estimated reserves. In Q1 2020, the Company reported that a significant reduction in contained ounces at Gold Bar was likely. Since that time significant work, as described below, has been completed to determine the extent of the reduction and mitigate it. To provide perspective on the changes that have occurred at Gold Bar, consider that in 2019, when we started mining, the Reserve estimate was 430,000 gold ounces.

Gold Fields Ltd. (NYSE: GFI) announced on January 22nd that it has formally started construction of the mining infrastructure at its Salares Norte project, in line with the project’s construction schedule announced in February last year. Pre-stripping of the mine and construction of the process plant commenced this month.  Construction of the USD 860 Million project is scheduled to be completed in late 2022, with first gold production in early 2023. Once commissioned, the mine will process two million tons of ore per year for the production of doré gold. Max Combes, Director of the project, says Salares Norte is good news for Chile and the economy of the Atacama Region. “A project like Salares Norte generates a very valuable productive chain in the industry and significant economic opportunities in the region.”

Equinox Gold Corp. (NYSE: EQX) announced on March 1st, that the Company has entered into an agreement with an affiliate of the Orion Mine Finance Group (“Orion”) to acquire 10% from Orion’s current interest in the Hardrock Mine Project (the “Hardrock Project”) for consideration of USD 51 Million plus certain contingent payment obligations (the “Hardrock Transaction”).  Christian Milau, CEO of Equinox Gold, stated: “We are extremely pleased to increase our stake in this world-class Canadian gold deposit located in one of the world’s top mining jurisdictions. Hardrock will be a low-cost, long-life gold mine, bringing more than 240,000 attributable ounces of annual gold production to Equinox Gold when in production, with significant upside potential from near-mine exploration and underground development. We look forward to working with Orion to advance Hardrock to production, bringing long-term benefits to all stakeholders of the Hardrock Project and particularly First Nations and other communities in the Greenstone region of Ontario.”

IAMGOLD Corporation (NYSE: IAG) announced on January 29th, that it entered into a subscription agreement (the “Subscription”) with INV Metals Inc. (“INV”), pursuant to which IAMGOLD indirectly, through a wholly-owned subsidiary, acquired 4,848,287 common shares of INV (the “INV Shares”), from treasury, at a price of CAD 0.45 per INV Share, for gross proceeds totaling CAD 2,181,729.  IAMGOLD acquired the INV Shares pursuant to the Private Placement for investment purposes. Depending on market conditions and other factors, IAMGOLD may, from time to time, further acquire or dispose of INV Shares, or maintain its current shareholdings, as it sees fit.

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Blockchain

Blockchain-based renewable energy marketplaces gain traction in 2021

Blockchain projects focused on optimizing the energy sector are gaining traction as greater emphasis is placed on conservation and efficiency.

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Concerns about energy production, resource consumption and its impact on the environment are one of the dominant topics of debate on the global stage. The intensive energy costs of mining Bitcoin and other proof-of-work cryptocurrencies are also frequently pointed to as a serious downside to the emerging asset class. 

While environmental concerns and the cost to reward debate rages on, there is one group of cryptocurrency projects that has the goal of bringing blockchain technology to the global energy grids as a way to encourage renewable energy generation through a flexible marketplace that connects energy buyers and sellers.

EWT/USDT vs. POWR/USD vs. WPR/USD 1-day chart. Source: TradingView

Three energy-focused projects that have seen triple-digit gains since the beginning of 2021 are Energy Web Token (EWT), Power Ledger (POWR) and WePower (WPR).

EWT/USDT

Energy Web Token (EWT) is the operational token for the Energy Web Chain, an open-source enterprise blockchain designed to support and further application development for the energy sector.

According to the project’s website, the “Energy Web is accelerating a low-carbon, customer-centric electricity system by unleashing the potential of open-source, decentralized, digital technologies.”

The project launched in June of 2019 and has since grown to an extensive network of partners with some globally recognized companies including Volkswagen, Siemens and Hitachi.

Once fully developed and integrated, its virtual machine could help connect the different areas of the energy sector including grid operators, software developers and vendors.

One of the biggest price movers for EWT in 2021 came at the beginning of March when the token was listed on the U.S.-based Kraken cryptocurrency exchange.

EWT/USDT 4-hour chart. Source: TradingView

The subsequent announcement of a partnership with Volkswagon on March 4 and the release of the EasyBat battery compliance app on March 16 further helped provide a boost to the token which went on to establish a new all-time high of $19.85 on March 18.

POWR/USD

The Power Ledger platform was established in May 2016 with the goal of creating an operating system for new energy markets that is capable of trading renewable energy and environmental commodities on a local and global scale.

Based out of Australia, the project aims to utilize blockchain technology to create a system where every electrical resource or power device has a digital identity that is connected to a real-time market that facilitates the transactions between them.

POWR operates on the Ethereum (ETH) network as a peer-to-peer energy exchange platform and it utilizes a two-token system comprised of POWR and Sparkz to “ensure consistency across Power Ledger’s platform,” according to the project’s website.

Sparkz are stable tokens that are used when units of electricity (kWh) are bought and sold on Power Ledger’s platform.

Trading activity for POWR began to pick up at the end of January as discussions about renewable energy began to gain traction in the media.

POWR/USD 4-hour chart. Source: TradingView

The March 3 announcement of Power Ledger’s partnership with India’s largest integrated power company Tata Power-DDL kicked off a price rally which resulted in POWR rallying to $0.504, its highest level since 2018.

WPR/USD

WePower is a blockchain-based green energy trading platform that connects “energy suppliers, corporate buyers and energy producers for easy, direct green energy transactions.”

According to the project’s website, the WePower platform is “the easiest way for companies of any size to buy green energy directly from local producers,” and the platform aims to make “corporate green energy procurement as easy as online shopping.”

WPR is an ERC-20 token that functions as a payment method on the WePower Network. It’s used to standardize and increase the available liquidity in the existing energy investment system and should also help to reduce prices for network participants.

Trading activity and token began to pick up at the beginning of February when the project handed over its “first fully-featured Elemental platform to Mojo Power.

WPR/USD 4-hour chart. Source: TradingView

Following the launch of the Elemental retail marketplace on Feb. 1, the price of WPR surged from a low of $0.011 to a high of $0.05 on March 24 as conversations concerning renewable energy and sustainability in Europe and Australia took place.

Increased global attention on climate and energy production-related issues suggests that this niche slice of the crypto sector is ripe for further gains.

Projects utilizing blockchain technology to optimize global energy marketplaces are well-positioned to increase their market share as distributed ledger technology goes mainstream.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

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A Beginner’s Guide: Hedera Hashgraph Vs. Blockchain

Hedera Hashgraph Vs. Blockchain

Wondering how Hedera Hashgraph differs from Blockchain technology? Well, you have landed on the right page. This article explains what Blockchain and Hedera Hashgrah is and how they differ.  Table of Contents  What is Blockchain Technology? What is Hedera Hashgraph? How It Differs From Blockchain? Concluding Lines What is Blockchain Technology? Before we move on … Read More

The post A Beginner’s Guide: Hedera Hashgraph Vs. Blockchain first appeared on Blockchain Consultants.

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Hedera Hashgraph Vs. Blockchain

Wondering how Hedera Hashgraph differs from Blockchain technology? Well, you have landed on the right page. This article explains what Blockchain and Hedera Hashgrah is and how they differ. 

Table of Contents 

  • What is Blockchain Technology?
  • What is Hedera Hashgraph?
  • How It Differs From Blockchain?
  • Concluding Lines

What is Blockchain Technology?

Before we move on to understand Hashgraph, we just need to get a glimpse of what Blockchain is all about and why it is so hyped? 

So, Blockchain is a peer-to-peer, decentralized distributed ledger technology that maintains the history of transactional data (records) without involving any third-party intermediaries. As the name suggests, in Blockchain, the key concept is the blocks where records are stored safely, and there is no way data can be changed or forged in any way. Its ability to offer complete transparency, immutability, privacy, and security makes it an exceptional technology, but it has some drawbacks too. One of the notable problems that the current Blockchain-based solution is the transfer speed associated with them. Like for instance, Ethereum Blockchain allows 15 transactions per second, whereas Bitcoin allows only 5 transactions per second. Moreover, sometimes, Blockchains can be slow and cumbersome, especially when the user number increases on the network. 

What is Hedera Hashgraph?

Hedera Hashgraph describes itself as the only public decentralized distributed ledger that utilizes the fast, fair, and secure hashgraph consensus mechanism. 

Just like Blockchain, Hashgraph is another DLT devised by Leemon Baird and licensed under the Swirlds Corporation. In fact, it is an improved version of distributed ledger technology that offers security and decentralization by utilizing hashing. Here it is important to note that Hedera is unique and capable of achieving the same result as the most ubiquitous public blockchains, but in terms of energy efficiency, stability and security, it is way better. 

The best part is that, unlike Blockchain, Hedera can process thousands of transactions per second, and thus it doesn’t suffer from the speed difficulty.

Hashgraph lacks a chain of blocks, and to improve its overall efficiency, Hashgraph uses two algorithms, such as Gossip about Gossip and Virtual Voting. 

How It Differs From Blockchain?

Bandwidth and Transaction Speed

Unlike a traditional Blockchain that utilizes Proof-of-work(PoW), which selects a single miner to choose the next block, Hashraph uses gossip-about-gossip and virtual voting as consensus mechanisms. By utilizing these consensus, the hashgraph comes to a consensus on the validity and the consensus timestamp of every transaction. And if the transaction is valid, the state of the ledger will be updated in order to include the transaction with 100% certainty. 

Hashgraph technology is known to provide almost near-perfect efficiency in terms of bandwidth usage and high transaction speed (because transactions can be processed in parallel) compared to the traditional Blockchain. 

Blockchain has a transaction speed of around 100 to 1000 based on protocol implementation like ethereum, hyperledger, etc., whereas Hedera can support 500,000 transactions per second.

Transaction Cost 

When it comes to transactional cost, Hedera Hashgraph outperforms compared to Blockchain. Hedera’s transaction fees are under 1 cent, whereas in Bitcoin, an average transaction fee keeps fluctuating and is around 14.84 (at the time of writing).

Due to its advantages over Blockchain, Blockchain Experts and technocrats believe that Hashgraph could be the next wave of blockchain technology, allowing developers to create apps with high speed, reliability, and security.

 High Computation Power and Electrical Supply

Another advantage of Hedera over Blockchain is that it does not need high computational power and high electrical supply, unlike Blockchain, where mining for the cryptocurrency is power-hungry, involving heavy computer calculations to verify transactions.

Hedera Hashgraph is Fairer 

Hedera proves to be fairer than Blockchain as miners can choose the order of transactions, can delay, or even stop from entering the block if required. But Hedera uses a consensus of timestamps, which prevents people from changing the transaction orders.

Are There Any Drawbacks?

Hashgraph is an innovative technology, but there are some drawbacks. The first and the foremost limitation is its acceptance as it has been deployed in a private and permission-based network and needs to be tested in a public network. Blockchain Experts believe that Hedera Hashgraph’s technology is fascinating, but it is exceptionally intriguing, whose effectiveness can only be realized until it is opened to the public and implemented on a non-permission-based network.

Concluding Lines 

This has brought us to the end of our discussion. Hope you have gained a clear understanding between the Hedera Hash graph and Blockchain technology. 

If the domain of Blockchain interests you, you can get enrolled in Blockchain Council and become a Certified Blockchain Expert. 

To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council

A Beginner’s Guide: Hedera Hashgraph Vs. Blockchain

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Draper Goren Holm adds Tezos startups to its $25M venture fund

The Los Angeles-based venture fund plans to incubate startups building on the Tezos blockchain.

The post Draper Goren Holm adds Tezos startups to its $25M venture fund first appeared on Blockchain Consultants.

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Blockchain venture studio Draper Gorem Holm has announced plans to incubate Tezos-based startups as part of its $25 million venture fund, highlighting its conviction in the smart contract platform.

The venture fund, called Fund 1, was launched in October 2020 as a way to incubate emerging blockchain companies. Fund 1 is set up as a traditional venture capital fund focusing on emerging fintech and blockchain startups.

The inclusion of Tezos-based projects into the fund is hardly surprising given the company’s growing support for the smart contract platform. Draper Goren Holm already backs Tezos Stable Technologies, the team behind the USDtez stablecoin. The company has also invested in Kalamint, a Tezos-based NFT marketplace.

Tim Draper, the company’s special limited partner, described Tezos as the “leading platform for smart contracts and low energy use” due to its reliance on proof-of-stake, or PoS, consensus.

Alon Goren, founding partner of Draper Goren Hold, said:

“We believe the differences in the Tezos blockchain, and how it is governed, are monumental to scaling blockchain verticals for the long-term.”

Tezos was one of the most promising smart contract platforms of late 2019 and early 2020 but has faded from the limelight amid the bull market. At $3.8 billion, XTZ is now ranked 32nd by market capitalization, according to CoinMarketCap.

Draper Goren Holm adds Tezos startups to its $25M venture fund

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Enerkon Solar International (ENKS) Names New Board and Scientific Committee Members and Announces New FARA Filing in support of Commercial Aspirations

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New York, April 1, 2021 – OTC PR WIRE – Enerkon Solar International (OTC PINK: ENKS) Names New Board and Scientific Committee Members and Announces today New FARA Filing in support of Commercial Aspirations in North Africa and other Important Updates regarding the new SARS2-COVID 15 Second “Insta-Test”.

ENKS Chairman Mr. Ballout stated that since the company Nominated a New Scientific Committee and Board Members this week, the company issue the first name selections today which are:

  • Senator Roberto Lario Rodriguez (Ret.) – (El Salvador) Advisory Bord Member for South and Central America
  • Dr Ibrahim El Nattar – (Egypt) Advisory Board Member for Renewable Energy in Africa
  • Dr Mark Schutz – Bioscience – (MD 0- USA), Graphene and Passive Immunity and Medical Advisory Board member
  • Michael Vishmidt (Israel/Ukraine) – Scientific Advisory Board Member for New Technology and Research
  • Dr Vasily Muraveynik, (Ukraine) – New Biomedical Science Advisory Board Member
  • Isaac Ray (Cal. USA) Special Scientific Advisor for Industrial Emission Suppression Technology
  • Nural KARAVELİOĞLU – (Turkey) – Consulting Board Member for Renewable Energy, Hydrogen and Government Relations”
  • Omar Mabruk Ilhayam (UK) – Advisory Board Member on Commerce and Energy for North Africa (Libya – Egypt – Algeria – Morocco – Tunisia) supporting Solar – Hydrogen – Energy Industry new Technology Transfer / Commercialization

Mr. Ballout Commented: “Our Great New Scientific and Regional Advisory Board will enhance Shareholder Value through supporting growth and expansion of ENKS and its Diverse Holdings – CVs and other information will be posted on the company website this week as well as other information on new opportunities and expansion plans.”

ENKS is comprised of 6 (Since the Sale of East Africa Unit to AL Fada Equity Holdings Last week)  -Companies, including corporate wholly or majority owned divisions – Corporate information for each will be posted on the company website for ease of search as some shareholders or investors have mentioned it was difficult to locate some of the data online, causing the possibility for others posting wrong or misleading information online –  therefore the company shall post additional legal documents and status information on line for all to have access”

Mr. Ballout Stated: “The company is proud of its New commercial relationship with companies and government personalities in Libya and Today, we have added an additional Statement of Registration with the US DOJ FARA National Security Division Agency for our work with the new, UNSMIL backed Government of Libya – This in support of our Compliance requirements for disclosure and in furtherance of our commercial aspirations in North Africa, related to Renewable Solar Energy, Hydrogen and other Commercial Interaction with the Region and in pre opposition to any Fake news, state clearly that the company has NO signed contracts with the government yet while we are hopeful that we will in the near future either via commercial entities or PPP structures we have for North Africa”.

“A technical call remains scheduled, with the new ChNPP director regarding the Chernobyl Special Exclusion Zone technical points and contents of this call which will be video recorded will explain better to the general public what Solar,  Co-Generation is (the use of Solar Power (about 500 MW or less to Power Electric Steam Boilers which in turn are planned to supply the pressure needed to drive the 3 Turbine Electric generators on the ChNPP Site whereby each generator has a tolerance of nearly 1 Gigawatt – and further auxiliary power from the solar array will power a 50 and later a 100MW Electrolysis Driven Green Hydrogen Plant to supply buyers of Green Hydrogen. The company, has already received expression of interest letters from German, Green Hydrogen Buyers and we shall post these letter(s) on the company website in coming days as well.”

Additional Support for the Modernization of the Ukraine Metals industry, will entail plans for Titanium Production and mining modernization – and Carbon Anode Sourcing for their Aluminum Industry – including Graphite Electrodes for their  Steel Industry modernization plans in the future (a letter from the Vice Prime minister of Ukraine regarding our cooperation on the Titanium Industry has already been received by the company some weeks ago – expressing appreciation and explaining the many jobs and social benefits of such cooperation to future development in Ukraine.

ENKS will Name a New Auditor Next Week once the File is Opened and Started for our last two years and current year Audit – in addition it is noted that this Auditor shall be retained on a continuous basis for all quarterly and Annual Reports in support of compliance requirements upon our planned up listing – this information will be added to the OTC Disclosures Site Page under Professional Service Providers (Auditor).

NEWS: Regarding the SARS2-COVID 15 Second “Insta-Test” device already produced for clinical trials and approvals (Owned by Graphene Leaders Canada and Distributed by KrowdX who has co sales agreements with the Coviklear International Holdings (UK) Unit Purchased before last week.

Mr. Ballout Stated:“ Great strides have been made in the development of the project supporting the commercialization of the SARS2-COVID Graphene Nanotech Based – 15 second “Insta-Test” – this being owned by GLC Canada and Distributed by KrowdX of Montreal – We are pleased to update that Pre Orders are due in very soon from ENKS /Coviklear partners abroad for the benefit of Krowdx and GLC to fulfill upon and after FDA Approval which is expected very soon (within just weeks as clinical trials of the already produced pre-production device is near completion during the next 10 days or so. – The Market for this device to Governments world wide cannot be understated, as it is the fastest test so far in the world and uses a much superior testing system, which takes only 15 seconds maximum time and uses a novel nanotech graphene biosensor to accomplish the amazing feat so fast, with such accuracy, (estimated at more than 97+ Percent) – Covillear Parent company  – ENKS also is in final talks with DGI in New York, for Financial Support to guarantee order fulfillment – supply chain management and other administrative support where needed, if asked to help, by the Owners and Distributors – This being our expression of confidence, as while we have already spent $5 Million USD to purchase Coviklear in a Debt Equity Swap before last week we are ready to engage much greater amounts of capital from our third party financial resources to support Factoring Order Fulfillment – Purchase order finance and other tools that may support the commercialization world wide for this groundbreaking disruptive Technology. It is noted that this is NOT a PCR test, and it does NOT use Reagents, or any chemicals whatsoever, its is based on electrical impedance using Nano Tech Graphene substrate, to send analysis to the device output at a very fast and high rate of efficacy – being far superior to PCR and similar tests, including all other DNS/RNA Tests – The test is NON-Invasive and safe.”

GLC Medical Inc. – Insta Test Initial Version

GLC Medical Inc. – Insta Test Updated Version

Governments and related PPPs / NGOs and others have expressed serious and immediate interest in ordering this new device which is now a reality, minus only its EUA (Emergency Use Application Green light at the FDA/HC and WHO) and this includes the KrowdX proprietary SES and STS solution for Airports – Sea Ports, Land Borders and other access and entry points between cities states provinces and otherwise to regain control of the Pandemic and free the world´s population again.

These details will be released by the Distributor KrowdX /Covikear, as they mutually agree, in the coming days/Week(s).

“Needless to say, the market value for this new device and technology is absolutely enormous, subject only to the contingencies mentioned above and we are absolutely excited about it all.”

“Stay Tuned for more updates on all of these new developments during the coming days and week(s)”

Lastly:

The Company expect to name an Auditor as previously mentioned above, during late next week if all goes well, in the company cost and – time – to – completion negotiations, going on now.

“Loyal ENKS Shareholders, are the ‘ENKS ARMY’, and the company will always support their best interests working to enhance shareholder value and steady growth.”

The foregoing statements are forward looking statements, and as such, they may or may not reflect the results which could transpire in the future which should be negative or not transpire at all due to circumstances or other reasons and investors, shareholders, or others should not rely on these forward-looking statements to ascertain any value if any of ENKS or to make any investment decisions and to take note that this is not an offer to buy or sell securities or an endorsement of ENKS for investment purposes as all investment carry a risk of loss sometimes a total loss of your investment in Micro cap shares markets or any market and therefore such statements or plans should not be relied upon for any business decisions of any kind – Approval and permissions required by federal regulations may or may not be approved and if not approved may result in the loss of all value and all investments in products requiring such regulatory permissions to market and sell. These statements are made as forward-looking statements for educational purposes only in accordance with the rules and regulations which pertain to the same.

Enerkon Solar International Inc.

www.enerkoninternational.com

info@enerkoninternational.com

New HQ Address in New York at:

Enerkon Solar International Inc

477 Madison Avenue

New York, NY 10022 USA

Tel. +1 (877) 573-7797

Tel. +1 (718) 709-7889

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://otcprwire.com/enerkon-solar-international-enks-names-new-board-and-scientific-committee-members-and-announces-new-fara-filing-in-support-of-commercial-aspirations/

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