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Kaskade Finance Closes Successful Pre-Seed Round

PlatoData

Dubai, UAE, March 11, 2024 - ( PlatoGaming via 500NewsWire) -- Kaskade finance, a gamified incentivization layer protocol, just announced the closure of its pre-seed funding round from over 40 investors. Nathan Lenga, CEO of Kaskade, tabled the MVP to go live in August, and to continue to build a world-class team that will make certain Kaskade Finance is the premier liquidity incentivization layer for all of DeFi. The oversubscribed seed round had participation from over 40 investors, some of which include Marshland, NxGen.xyz, Artemis Capital, Andromeda Capital, Hercules Ventures, 369 Capital, Crypto Oasis Ventures, as well as influencers, including VirtualBacon, Brian D Evans, CryptoJack and more. Kaskade already has a shortlist of protocols asking to collaborate in order to leverage its incentivization mechanism to bootstrap volume and liquidity; the first of which being Redacted Finance. “We founded Kaskade to flip the incentive model on its head; rather than focusing on bootstrapping liquidity first, we strive to drive additional volume in the ecosystem. Our team fundamentally believes that the industry must incentivize volume, which represents demand, to create sustainable flywheels, given demand inevitably results in supply, liquidity”, - said Nathan Lenga, CEO and co-founder of Kaskade Finance. The first campaign will launch mid-March, in collaboration with Redacted Finance, with up to $30,000 USD in $BTRFLY rewards available for all participants. Not only is there a large rewards pool, but also a gas rebates program that frequent traders can avail themselves of. About Kaskade Finance: Kaskade Finance is the cross-chain liquidity bootstrapping layer for DeFi protocols and networks that leverage volume focused incentives to increase more fees to liquidity pools. Kaskade is creating a new mechanism to incentivize liquidity, first emphasizing on volume, with the understanding that liquidity will subsequently increase. Protocols with live tokens can create campaigns through the Kaskade application, engaging their users to increase trading volume and accordingly liquidity. These protocols will put up rewards in any token to incentivize their users to trade more frequently, with users being able to claim these rewards at the end of the week. Keep up to date on all updates for Kaskade Finance by following their socials. Contact Details Amplifi PR - Bryan Feinberg, CEO +1 551-574-2169

March 11, 2024 05:45 PM Eastern Daylight Time

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Comcast Texas Commits More Than $1M to Shrink Local Digital Divide in 2024

Comcast Texas

HOUSTON, TX (March 12, 2024) – Comcast Texas, the Houston area's largest internet service provider, will commit more than $1 million to shrink the local digital divide this year by supporting digital skills training programs, adding more Wi-Fi connected Lift Zones and providing grants to dozens of organizations that help thousands of people. The investment is part of Comcast’s Project UP – a comprehensive $1 billion initiative to advance digital opportunities across the nation and help build a future of unlimited possibilities. Digital Skills in the Workforce Over 90% of jobs available today require digital skills, yet nearly one-third of U.S. workers lack opportunities to build these skills. In 2024, Comcast Texas will continue to fund programs that teach the tech skills needed to land a job and stay competitive in the changing marketplace. Expanding WiFi-Connected Lift Zones and Programming Lift Zones are spaces in neighborhood community centers that provide free Internet access for students and families. In 2024, Comcast Texas will activate a number of new Lift Zones in the surrounding Houston area. There are 53 Lift Zones that serve southeast Texas students and families. In addition to new Lift Zones, additional programming will be added to locations that focus on skills and workforce development. Connectivity & Adoption Grants Connectivity programs give individuals, families and community partners the right tools and resources to take advantage of the Internet. Adoption programs teach the skills needed to increase competency and confidence in technology to use it proficiently. In 2024, Comcast Texas will provide hundreds of thousands of dollars in grants to fund connectivity and adoption programs. “This investment in our communities will literally change generations of southeast Texas families,” said Jose Espinel, Comcast Texas’ Regional Senior Vice President. “Everyone deserves a chance to participate in the digital economy. You can’t do that without the resources and skills to use the Internet. Our commitment will ensure that people from all backgrounds can connect to the moments that matter most.” Comcast Texas’ 2024 grant funding and other support to local organizations will be announced throughout the year. Additional support will be considered for local organizations that raise awareness about connectivity programs like Internet Essentials, a low-cost, high-speed Internet plan for qualifying households ($9.95/mo for up to 50 Mbps, or $29.95/mo for up to 100 Mbps). Internet Essentials also provides low-cost computers, free WiFi hotspots, and free internet training. About Comcast Corporation: Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. About Project UP: Project UP is Comcast Corporation’s comprehensive initiative to advance digital equity and help build a future of unlimited possibilities. Backed by a $1 billion commitment to reach tens of millions of people, Project UP encompasses the programs and community partnerships across Comcast, NBCUniversal, and Sky that connect people to the Internet, advance economic mobility, and open doors for the next generation of innovators, entrepreneurs, storytellers, and creators. Contact Details Ilona Carson +1 346-624-2074 Ilona_Carson@comcast.com Company Website https://houston.comcast.com/

March 11, 2024 04:15 PM Central Daylight Time

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Team Behind Top Lending Protocol Launches Suilend on Sui

Sui

The Suilend lending protocol is Solend’s first venture outside of the Solana ecosystem underscoring confidence in Sui's technology Suilend, Solend’s first expansion outside the Solana ecosystem, officially launched today on the Sui Network. Solend, which boasts over $200 million in total value locked (TVL) across 170,000+ users with support for 70+ assets, now brings its unparalleled DeFi expertise and experience building industry-leading lending protocols to the Sui ecosystem in a move that adds to the quickly expanding depth of the Sui ecosystem. Discussing the launch, Rooter, the pseudonymous Founder of Solend, said, "Developing on Ethereum and Solana felt like building a cathedral with chisels and hammers. That's not to say you can't build great things — cathedrals are some of the most beautiful human achievements. But we want to build rocket ships, and for that, you need advanced tools like laser cutters and welders. That's what Sui and Move offer with better developer tools." The announcement follows hot on the heels of Bluefin, a burgeoning DEX with daily volumes exceeding $100 million, committing exclusively to Sui over Arbitrum for its V2 development and unveiling its roadmap into 2024. Security is a distinct focus for participants in the DeFi space, and with the launch of Solend on Sui, the protocol is leveraging a network in Sui that has industry-leading security. By launching on Sui, Solend capitalizes on the inherent security features integrated into the Move language, which provides built-in protections for its smart contracts. Additionally, partnerships with leading blockchain security firms, Zellic and Ottersec, entail rigorous audits of projects like Suilend, ensuring adherence to the highest security standards. Suilend will also benefit from Sui’s parallel processing for most transactions. Sui boasts the lowest levels of latency in the industry and facilitates horizontal scaling, achieving a peak throughput of up to 297,000 transactions per second and a time-to-finality of approximately 480 milliseconds. "We are delighted to welcome a protocol with the background of performance and success of Suilend to the Sui ecosystem," said Greg Siourounis, Managing Director of the Sui Foundation. "Sui's blistering transaction speeds, infinite scalability and pervasive efficiency are tailor-made for DeFi projects like Suilend, and we look forward to watching their continued growth and success on Sui." This strategic move comes as Sui recently surpassed the $500 million Total Value Locked (TVL) milestone, firmly establishing itself within the top 10 DeFi ecosystems globally. Over the past month alone, a staggering $310 million in assets has migrated from Ethereum to Sui via Wormhole, eclipsing all other blockchain transfers combined, signaling the growing trust in the ecosystem’s DeFi capabilities. Contact Details Sui Sui Team media@sui.io

March 11, 2024 04:53 PM Eastern Daylight Time

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Accelerate Resources closer to drilling on signing Native Title and Heritage Exploration Agreement

Accelerate Resources Ltd

Accelerate Resources Ltd CEO Luke Meter joins Proactive’s Jonathan Jackson as the company takes another step closer to drilling at Prinsep Lithium Project in the Pilbara region of WA. Accelerate recently signed a key Native Title and Heritage Exploration Agreement with the Ngarluma Aboriginal Corporation. Following this agreement, a heritage survey is set to be conducted, paving the way for an inaugural drilling program. This project is notably positioned 15 kilometres south of Karratha, a key regional hub, and is 35 kilometres west of the Andover Lithium discovery by Azure Minerals. The Prinsep Lithium Project stands out as an advanced, drill-ready venture that showcases the collaborative efforts between Accelerate Resources and the Ngarluma Aboriginal Corporation to ensure respectful and mindful progression in exploration activities within the region. Meter outlines when investors can expect drilling to start, as well as a soil sampling program over the broader Karratha area. “We thank the Ngarluma Aboriginal Corporation for their support and assistance in finalising this agreement," Meter said. "The NTA provides Accelerate with the framework to complete the heritage and ethnographic surveys necessary to responsibly explore and drill the exciting walk-up drill targets at the Prinsep Lithium Project without disturbing areas of cultural significance." Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

March 11, 2024 03:45 PM Eastern Daylight Time

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Revolutionizing Memory Care: Sensay Unveils AI-Powered Digital Replicas for Dementia Support and Beyond

Sensay

Sensay, a pioneering technology company at the intersection of AI and blockchain, today announced the imminent launch of its innovative platform designed to create autonomous lifelike AI Digital Replicas on-chain, marking a significant leap towards digital immortality. Leveraging cutting-edge technology, Sensay offers limitless potential in the digital age, empowering users to retain ownership and monetize their digital twins. A Bold Step for Dementia Patients and Beyond Starting with a focus on dementia patients and their families, Sensay aims to provide immediate social impact by offering lifelike digital replicas for memory preservation and companionship. This groundbreaking approach addresses the urgent needs of over 55 million individuals worldwide affected by dementia, providing comfort and continuity for patients and their loved ones. Sensay has over 25,000 beta users on its platform with more joining every day. Endless Possibilities with Digital Twins Beyond dementia care, Sensay's technology opens up a world of possibilities across various sectors, including education, healthcare, entertainment, and personal development. From preserving personal stories for generations to personalized learning and expert consultancy on demand, the potential applications are limitless. The team aims to revolutionize digital interaction by introducing a digital copy that can engage with gamers around the world 24/7 as a non-playable character (NPC), share skills and expertise with clients in any language, or serve as the ultimate personal assistant. This digital counterpart is designed to handle tasks such as taking introductory calls, booking restaurants, organizing travel, job hunting, and matchmaking, enhancing efficiency and connectivity in various aspects of life. Empowerment Through Tokenization As part of its mission to democratize technology, Sensay introduces the $SNSY token, enabling users to participate in the platform's economy. Token holders will have access to exclusive rewards, early access to developments, and the ability to use tokens within the Sensay ecosystem. The $SNSY token itself will act as a token of exchange between the Sensay Data Marketplace, its decentralized storage, and the autonomous Digital Replicas, therefore enabling users and owners of these Replicas to retain ownership and monetisation of their data. The $SNSY token is on the Ethereum Network, audited by Hacken and Hashlock, with a LayerZero OFT (Omnichain Fungible Token) for ease of deployment to L2s like Arbitrum in the near future. Partnerships and Public Sale Announcement Sensay is proud to announce upcoming partnerships with leading organizations like HypersignID, Fetch AI, Banyan (Filecoin), AIOZ, LayerZero, Solv.Care, HeyGen, ElevenLabs, NowPayments, and SingularityNET. These collaborations will further enhance the platform's capabilities and reach. The public sale of $SNSY tokens is scheduled to start on 19th March, running approximately for three weeks unless sold out sooner. To date, the Sensay project has been bootstrapped by its founders, meaning no VCs, Pre or Private Sales to affect the public sale price. The public sale will be conducted in collaboration with Gempad, Enjinstarter, Poolz Finance and Fjord Foundry. This marks an exciting phase of Sensay's journey, inviting investors and users to be part of a future where digital and physical realities converge. Digital Replication in Safe Hands Dan Thomson, Founder and CEO of Sensay, is at the forefront of the Digital Immortality movement, blending his visionary insights on digital replication with over seven years of experience in Web3 technology. An accomplished author on the subject, Thomson's entrepreneurial journey includes the foundation of multiple startups, showcasing his unwavering commitment to leveraging technology for the greater good. Under his leadership, Sensay embarks on a mission to unlock the limitless potential of humanity globally, harnessing the power of AI and blockchain to create meaningful and lasting legacies. Dan Thomson shares, "At Sensay, we're not just creating technology; we're weaving the fabric of a new digital era where every individual has the power to leave an indelible mark on the world. Our platform is a testament to the boundless possibilities that emerge when we envision our digital futures with empathy, innovation, and a deep commitment to societal impact." Sensay bridges the gap between Web2 and Web3, using decentralized infrastructure to power the next generation of AI Digital Replicas, keeping the power and opportunities of this amazing technology firmly in users' hands. Whilst in Beta, Sensay remains free to use and create replicas. About Sensay Sensay is revolutionizing the way we think about digital identity and legacy in the digital era. By creating on-chain verified autonomous digital replicas, Sensay is not just creating a technological solution; it's crafting a new paradigm for personal presence and legacy in the digital age. For more information, visit https://snsy.ai and engage with us on https://twitter.com/asksensay, https://t.me/asksensay and https://discord.gg/Rwhxny8TbP Contact Sensay: - Website: https://snsy.ai - Email: info@sensay.io - Documentation: https://docs.snsy.ai - Brand And Media Kit: https://docs.snsy.ai/branding-and-media - Social Media: @asksensay Users can try talking to Dan Thomson’s Digital Replica Today: https://sensay.io/replicas/dan Users can join Sensay in embracing the future of digital identity and legacy. Contact Details Sensay Dan Thomson dan@sensay.io

March 11, 2024 03:36 PM Eastern Daylight Time

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Lithium Energy validates exceptional quality of spherical purified graphite

LITHIUM ENERGY LIMITED

Lithium Energy Ltd (ASX:LEL) general manager of projects Graham Fyfe sits down with Proactive’s Jonathan Jackson to discuss noteworthy advancements at Burke Graphite Project in northwest Queensland, with "excellent" battery electrochemical test results. The spherical purified graphite (SPG) produced from this project has undergone extensive electrochemical battery testing overseen by ProGraphite, providing significant validation of its exceptional quality. According to the company, the Burke Graphite's outstanding electrochemical performance positions it as a highly valued battery anode material (BAM) for use in lithium-ion batteries. Lithium-ion battery cells incorporating uncoated spherical purified graphite (SPG), purified to an impressive 99.97% Total Graphitic Carbon (TGC), exhibit notable suitability as anode material for these batteries. Fyfe explains how testing results are the final piece of the 'BAM puzzle' that confirms Burke Graphite as an exceptional material for use in Li-ion batteries. He also touches on how the company is optimising the BAM development pathway and how far pilot plant plans are away from becoming a reality. The company's executive chairman William Johnson said: "The company will now focus on optimising the BAM development pathway and implementing a process to produce marketable quantities of SPG that will be used to secure offtake agreements. This includes continuing its plans to install and operate an SPG Pilot Plant in Queensland. "We are now entering a very exciting phase of the development of our vertically integrated Australian based BAM business." Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

March 11, 2024 03:10 PM Eastern Daylight Time

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zkLink Nova Launches Mainnet, The First ZK Stack-based Aggregated Layer 3 Rollup Built on zkSync

zkLink

In an unprecedented leap forward for the blockchain industry, zkLink is proud to announce the public mainnet launch of zkLink Nova, the industry’s first Aggregated Layer 3 zkEVM rollup network based on zkSync’s ZK Stack & zkLink Nova. zkLink Nova unifies liquidity and assets from Ethereum and Layer 2 rollups onto one interoperable platform, providing developers with a zkEVM-compatible decentralized application (dApp) deployment through the ZK Stack Hyperchain. Being an Aggregated Layer 3 Rollup, zkLink Nova addresses the three major roadblocks that have restricted scaling across the Ethereum ecosystem – liquidity fragmentation across Layer 2 blockchains, complexities associated with multi-chain dApp development, and poor user experience due to the isolation of assets and applications across chains. Layer 2 Ecosystem Collaboration The cornerstone of the zkLink Nova mainnet is its comprehensive integration with leading Layer 2s, including Arbitrum, Linea, Manta, Mantle, and zkSync. zkLink Nova acts as a connective layer between the Layer 2 Rollups, enhancing liquidity and asset transfers across the Ethereum ecosystem. “By leveraging the strengths of zkSync’s ZK Stack & Linea’s ZK Proof-verification capabilities, Nova is stack agnostic and is able to connect to any ZK & OP Layer 2,” said Vince Yang, CEO and co-founder of zkLink. “This represents a major milestone for both zkLink and the wider Ethereum ecosystem as DApps will have access to broader liquidity and more users, potentially unlocking exciting new use cases for their existing L2 assets.” The integration of Layer 2s with zkLink Nova underscores a shared vision for a more unified and efficient blockchain ecosystem. zkLink Nova’s role in pioneering the Aggregated Layer 3 concept is the answer to the Layer 2’s dire need for more interconnection among ecosystems. The general purpose architecture in zkLink Nova’s Aggregated Layer 3 enables developers to easily build, deploy and scale dApps using Solidity smart contracts, saving them time and resources. Securing the Future of Blockchain with ZK Proofs Nova’s Aggregated Layer 3 environment removes bridges and gas fees from the equation, reducing security risks and improving user experience. By utilizing ZK Proofs in its architecture, every transaction on Nova undergoes verification before it is processed, giving the zkLink Nova mainnet Ethereum grade security. “The Nova Aggregated Layer 3 mainnet utilizes Linea as the primary rollup for ZK proof-verification through zkLink’s Nexus settlement layer technology. Being secure, EVM-equivalent and cost effective, Nova leverages Linea’s ZK-Rollup for faster multi-chain state synchronization and hard finality that settles on the Ethereum network,” said Linea Product Lead, Declan Fox. For DApp users, zkLink Nova removes complexity and simplifies asset transfers across Ethereum and Layer 2s while keeping transactions secure. DApp users can directly deposit their assets from Ethereum or any of the integrated Layer 2s into zkLink Nova’s unified platform to transact seamlessly or interact with its ecosystem of dApps, greatly enhancing the user experience for all. The mainnet launch of zkLink Nova is the first of its kind in solving Ethereum’s liquidity fragmentation problem while simplifying multi-chain complexities. By uniting major Ethereum Layer 2s together, zkLink Nova is taking the lead towards advancing blockchain of value, realizing a unified and interoperable rollup ecosystem with greater capital efficiency for all users. About zkLink Dedicated to unifying liquidity and scaling the Ethereum ecosystem, zkLink is pioneering Aggregated Rollup solutions to bridge the ecosystem siloes within the blockchain space. By facilitating a more interconnected, efficient, and accessible digital asset environment, zkLink is driving forward the vision of a unified and decentralized blockchain ecosystem without boundaries. About zkLink Nova zkLink Nova is the pioneering Aggregated Layer 3 Rollup zkEVM network that brings unprecedented liquidity and asset aggregation to Ethereum and its Layer 2 Rollups. Built with ZK Stack and zkLink Nexus, it leverages ZK Proofs to enhance scalability and security. Developers enjoy an open platform for deploying Solidity smart contracts and instantly tapping into integrated networks like Arbitrum and zkSync. Nova simplifies DeFi by presenting a unified ecosystem for users and DApps, promoting a seamless blockchain experience. Links Website, Twitter, Discord, Telegram, Blog, Whitepaper Contact Details zkLink Jake Morakis zklink@mgroupsc.com

March 11, 2024 01:52 PM Eastern Daylight Time

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Imugene progresses onCARlytics solid tumour trial to combination arm

IMUGENE LIMITED

Imugene Ltd (ASX:IMU) CEO Leslie Chong joins Proactive’s Jonathan Jackson in the Proactive studio to discuss how the company has advanced its Phase 1 onCARlytics solid tumour trial to combination arm treatment. The trial, known as OASIS, focuses on adult patients with advanced or metastatic solid tumours, aiming to assess the safety and efficacy of intratumoural (IT) injection and intravenous (IV) infusion, alone or combined with the CD19 targeting drug blinatumomab (Blincyto® by Amgen). The Cohort Review Committee (CRC) has reported no safety issues in the onCARlytics monotherapy lead-in study, prompting the clearance of the first cohort and the initiation of the combination arm. The OASIS trial represents a pioneering approach in solid tumour treatment, combining a CD19-expressing oncolytic virus to prime tumours for attack by CD19-targeting therapeutics. The trial's potential to shift the paradigm in solid tumour treatment is underlined by the promising advancements, with the combination arm set to explore the efficacy of onCARlytics in conjunction with blinatumomab. Imugene's progress in the OASIS trial signals a significant step forward in advancing novel immunotherapies for solid tumour patients. “It’s once again a credit to our team and collaborators to see yet another study progressing positively and on schedule," Chong said. "Completion of this first monotherapy intratumoural cohort where ovarian, breast and melanoma patients were dosed paves the way for us to move into an important combination dosing with Blincyto®, where we’ll be eager to see the greater potential of onCARlytics in targeting and eradicating solid tumours." Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

March 11, 2024 01:30 PM Eastern Daylight Time

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Revolutionizing Gold Mine Financing: Classic Minerals and AuResources Skip the Bank and GoStraight to Retail Investors

STORM Partners

Geneva, Switzerland, 11/3/24 – In a move set to redefine the gold mining and fintech landscapes, Classic Minerals Limited is partnering with Swiss fintech startup AuResources AG in a trailblazing $60 million blockchain-backed funding initiative. This strategic collaboration is designed to accelerate the development of Classic’s high-potential gold projects, notably the Kat Gap project in Western Australia and the expansive Forrestania Gold Project, using technology to bypass traditional commodity trade financing. The initial advancement of US$10 million from AuResources, supported by Black Manta Capital Partners, will bolster Classic’s production capabilities at Kat Gap and foster the development of the Lady Magdalene and Lady Ada deposits. This funding initiative is not only a testament to the viability and the promising future of Classic’s gold projects but also represents an exceptional opportunity for retail investors to partake in the growth of a leading mining entity. This collaboration signals a major advancement in giving junior miners -mining companies that are either still growing their output or still in the exploratory phase - access to the funds they need to build their operation safely and without delay. AuResources has delivered significant savings in the due diligence, certification, fundraising, and loan management processes, enabling an entirely new business model with better accessibility, security, and transparency. Classic’s Kat Gap project, located approximately 170km south of Southern Cross, has demonstrated significant potential, securing a $41m reserve at 2.5g/t and an inferred resource of $120m additional reserves at 2.19g/t within the area. Following a successful trial mining phase in mid-August 2023, the project has started generating revenue, with gold sales reaching approximately $967,000 across the September and December 2023 quarters. The partnership with AuResources aims to leverage this initial success, facilitating the transition to full-scale production and further exploration. Additionally, the acquisition of full control over the 500km^2 Forrestania Gold Project tenements underscores Classic’s commitment to expanding its portfolio and enhancing shareholder value. The Forrestania project, with historical production and substantial inferred and indicated resources, presents further exploration and development potential. “Being able to do this today represents two years of tireless work and the continuous support of our investors. The whole team is proud this is going forward, and we couldn’t have found a better partner than Classic Minerals,” Ian Cooper, the CEO of AuResources, said. The funding structure, supported by gold “tokens” through distributed ledger technology, underscores an innovative financing approach, offering investors security and transparency. This digitalization of gold assets represents a forward-thinking strategy, aligning with the interests of the mining industry and the investment community. John Lester, Chairman of Classic Minerals, expressed his gratitude towards AuResources and Black Manta Capital Partners for their support, stating, “The launching of this round of funding puts Classic firmly on the international scene. We are now poised to deliver unparalleled value to AuResources, Black Manta Capital, and our esteemed shareholders.” This funding agreement signifies a pivotal moment for Classic Minerals, positioning the company as an attractive investment for diversifying into the gold mining sector. With a clear strategy for development and exploration, Classic is set to capitalize on the inherent value of its projects, promising substantial returns for retail investors and stakeholders alike. This groundbreaking partnership between Classic Minerals and AuResources marks a pivotal moment in investment and mining. It redefines traditional investment strategies by leveraging blockchain technology to tokenize gold assets, offering unprecedented access and security to investors. This collaboration accelerates key project developments and signifies a commitment to innovation and shareholder value. This landmark case exemplifies how technology can transform the gold mining sector, heralding a new era of inclusive and transparent investments. About Classic Minerals Limited Classic Minerals Limited (ASX:CLZ) is a Western Australia-based gold exploration company focused on the development of its high-grade gold projects in the Forrestania Gold Belt. With a strong commitment to exploration and development, Classic aims to become a significant gold producer. About AuResources AG AuResources AG is a Swiss-based fintech startup using distributed ledger technology to revolutionize the gold market. Its primary innovation is tokenizing future gold production contracts and turning them into digital assets via its own platform, allowing investors to easily track their portfolio and access new opportunities on its marketplace. AuResources is planning to integrate with the DeFi ecosystem through decentralized exchanges and lending/borrowing platforms, opening up investment opportunities much earlier in the gold supply process than traditional markets allow. About Black Manta Capital Partners Black Manta Capital Partners (BMCP) is a next-generation investment bank focused on digital and tokenized assets, operating a regulated investment platform for issuances in the European capital market. As a full-service provider for all technical, financial, and legal aspects of asset and security tokenization, BMCP also provides traditional investment banking services such as capital market listing, structuring, and placement. BMCP was founded in Luxembourg in 2018 and runs BMCP GmbH in Munich as a licensed and regulated Financial Service Institute. In addition to Munich, BMCP also operates in Vienna, Luxembourg, Cork, and Shanghai. Media Contact: Ian Cooper ian@auresources.io Distributed by STORM Partners. Contact Adrian Bono for interviews and quotes Contact Details STORM Partners. Adrian Bono adrian.bono@storm.partners

March 11, 2024 01:24 PM Eastern Daylight Time

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