Author: Asia PEVC

Focus Graphite Appoints Renowned Battery Executive Dr. Sunho Kang as Strategic Advisor for Cell Technology

Former Apple and Samsung SDI Battery Expert to Guide High-Purity Anode Materials and Dual-Use Next-Generation Cell Platforms.

Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) (“Focus” or the “Company“), a leading developer of high-grade flake graphite deposits and innovator of next-generation lithium-ion battery technology, is pleased to announce the appointment of Dr. Sunho Kang, Ph.D., as Strategic Advisor, Battery Technology & Materials.

This appointment follows the Company’s November 3, 2025 announcement of a conditional $14.1 million in funding from Natural Resources Canada (“NRCan“) under the Global Partnership Initiative (GPI), which supports the development of Canada’s first chemical-free electro-thermal graphite purification demonstration plant. Dr. Kang’s expertise directly aligns with the Company’s plan to commercialize high-purity, battery-grade materials from its Lac Knife and Lac Tetepisca deposits.

Dr. Kang is a globally respected battery-materials scientist and industry executive with 26 years of experience across leading research institutions, national laboratories, and global battery and electric vehicle (EV) manufacturers. His expertise includes lithium-ion cell engineering, silicon-anode development, cathode innovation, dry-electrode manufacturing, and root-cause failure analysis.

A former member of Professor John B. Goodenough’s laboratory at the University of Texas at Austin and a former Staff Scientist at Argonne National Laboratory, Dr. Kang has held senior executive positions at leading global companies including Samsung SDI (Vice President Research and Product Development), Apple (Senior Manager), and Volkswagen Group of America (Senior Vice President, Battery Technology).

In his role at Focus, Dr. Kang will provide expert guidance across lithium-ion battery technologies, including material selection, cell design, and performance optimization as the Company advances its purification and anode-materials strategy. He will advise on the development and testing of battery-grade graphite and silicon composites, contribute to high-energy-density cell research and development for dual-use (defense and civilian) battery-anode applications, and provide direction on establishing and scaling battery-testing infrastructure, including next-generation cell formats. Dr. Kang will also help identify strategic collaborations with industry, academia, and national laboratories; contribute to the Company’s intellectual property (IP) and patent roadmap; drive supplier-ecosystem development and technical due diligence for funding and partnership initiatives; and support the advancement of potential off-take and commercialization pathways.

“At Focus, we are committed to bringing in industry leaders who have delivered at the highest levels,” said Jason Latkowcer, Vice President of Corporate Development. “Dr. Kang’s appointment significantly strengthens our downstream integration strategy and adds deep technical credibility to our purification and battery-materials programs. His experience with cell qualification, supplier ecosystems, and next-generation battery materials enhances our ability to engage with OEMs and defense partners, while helping ensure our battery-testing efforts are efficient, coordinated, and technically rigorous.”

“Focus Graphite’s deposits and chemical-free purification process have strong potential for next-generation anode materials,” said Dr. Kang. “I look forward to helping bridge upstream graphite production with downstream cell-maker specifications and supporting the Company’s patent-pending battery technologies. Strengthening a secure North American graphite supply chain is essential for advanced energy storage, particularly in defense and automotive applications, and I am pleased to contribute to Focus Graphite’s commercialization strategy in these critical markets.”

As part of his engagement, Dr. Kang has been granted 50,000 stock options, exercisable at C$0.60 per share for five (5) years under the Company’s incentive stock option plan, subject to regulatory approval, and may also receive cash compensation for certain advisory services.

About Focus Graphite Advanced Materials Inc.

Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defence, and advanced materials industries.

Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining — we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.

Our commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals — reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.

For more information on Focus Graphite Inc. please visit http://www.focusgraphite.com.

LinkedIn: https://www.linkedin.com/company/focus-graphite/
X: https://x.com/focusgraphite

Investors Contact:

Dean Hanisch
CEO, Focus Graphite Inc.
dhanisch@focusgraphite.com
+1 (613) 612-6060

Jason Latkowcer
VP Corporate Development
jlatkowcer@focusgraphite.com

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could,” “intend,” “expect,” “believe,” “will,” “projected,” “estimated,” and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company’s current beliefs or assumptions as to the outcome and timing of such future events.

In particular, this press release contains forward-looking information regarding, among other things, the anticipated benefits and outcomes of the Global Partnerships Initiative (“GPI”) funding award from Natural Resources Canada (“NRCan”); the design, construction, and commissioning of the Company’s proposed electro-thermal graphite purification demonstration plant; the expected contributions of Dr. Sunho Kang in his role as Strategic Advisor; and the advancement of the Company’s Lac Knife and Lac Tetepisca projects through permitting, pilot testing, and potential future production. Forward-looking information also includes statements concerning the Company’s expectations with respect to its ability to commercialize high-purity anode materials, integrate upstream and downstream operations, establish technical and offtake partnerships, and position both projects as strategic contributors to Quebec’s and North America’s critical-minerals and battery-materials supply chains.

Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company’s public disclosure documents available under its profile on SEDAR+.

The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276767

Doubleview Provides Cobalt Resource Summary for the Hat Polymetallic Deposit in Advance of Updated MRE and PEA

Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038) (FSE: 1D4) (“Doubleview” or the “Company”) is pleased to provide a summary of the cobalt component of its Hat Polymetallic Deposit in northwestern British Columbia, in advance of the upcoming updated Mineral Resource Estimate (“MRE”) and Preliminary Economic Assessment (“PEA”). Based on the Company’s review of publicly available information, the Hat Deposit may contain one of the largest undeveloped cobalt inventories associated with a Canadian mineral deposit.

The Hat Deposit Maiden Mineral Resource Estimate, released July 25, 2024, outlined a large alkalic porphyry type copper-gold-cobalt-scandium resource, within which cobalt occurs as a by-product metal uniformly associated with copper and pyrite mineralization. The cobalt component of the resource is summarized as follows:

  • Indicated: 150 million tonnes containing 28 million pounds (approximately 12,700 tonnes) of cobalt at 0.008% Co
  • Inferred: 477 million tonnes containing 91 million pounds (approximately 41,300 tonnes) of cobalt at 0.009% Co

The Hat Deposit contains one of the more significant undeveloped cobalt-containing mineral resources in Canada. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.

Cobalt is consistently distributed throughout the alkalic porphyry system alongside copper, gold, silver, and scandium. Metallurgical testwork to date indicates that cobalt is efficiently liberated into a clean pyrite concentrate suitable for conventional downstream processing. Additional metallurgical work is ongoing.

Farshad Shirvani, President & CEO, commented: “Copper, gold, and scandium remain the primary value drivers at the Hat Deposit, but the cobalt content represents a meaningful additional component of the project’s critical-minerals profile. As demand for secure and responsibly sourced battery metals continues to rise, the Hat Deposit’s location in a Tier-1 jurisdiction and its unusually large cobalt endowment strengthen the project’s long-term relevance. As we complete the updated MRE and advance our PEA, cobalt will be one of several important contributors evaluated in the broader economic framework.”

Why Cobalt from Hat Matters

Cobalt is designated a critical mineral by Canada, the United States, the European Union, Australia, Japan, and the United Kingdom. It is essential for:

  • High-performance lithium-ion batteries
  • Superalloys used in aerospace and defense
  • Clean-energy technologies including wind, fuel cells, and emerging grid-storage systems

More than 70% of refined cobalt is processed in China, and most mine supply originates from the Democratic Republic of Congo. Western governments and industry groups are seeking secure, ethical, and transparent supply chains. Canada currently produces only minor by-product cobalt amounts. The Hat Deposit has the scale, continuity, and jurisdictional advantages to potentially contribute to future domestic supply should the project advance through the necessary evaluation and development stages.

Qualified Person

Erik Ostensoe, P.Geo., a consulting geologist and Doubleview’s Qualified Person as defined by NI 43-101, has reviewed and approved the technical disclosure in this news release. Mr. Ostensoe is not independent of Doubleview as he is a shareholder of the Company.

About the Hat Polymetallic Deposit

The Hat Deposit is located in northwestern British Columbia and is a large alkalic-porphyry system hosting significant copper, gold, cobalt, and scandium mineralization. The project has been advanced through multiple exploration campaigns, geophysical surveys, metallurgical test programs, and drill programs targeting expanded resource potential. An updated MRE and PEA are underway and expected before the end of 2025.

Open Pit 
Model Hat		Resource CategoryTonnageAverage GradeMetal Content
CuEqCuCoAuAgCuEqCuCoAuAg
Mt%%%g/tg/tmillion lbmillion lbmillion lbthousand ozthousand oz
In PitIndicated1500.4080.2210.0080.190.421,353733289292,045
Inferred4770.3440.1850.0090.150.493,6191,945912,3287,575

Scandium Exploration Target

The Hat Deposit also hosts a previously disclosed exploration target of 300-500 million tonnes averaging approximately 40 ppm (0.004%) Sc₂O₃.

“The scandium resource potential is based on the drill holes on the property drilled for (July 25, 2024) maiden resource estimate for other metal content than scandium. The potential quantity and grade are conceptual in nature, there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource.”

A NI 43-101 Technical Report supporting the 2024 MRE is filed on SEDAR+.

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO

T: (604) 678-9587
E: corporate@doubleview.ca

Forward-Looking Statements

This news release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements relate to expectations, beliefs, projections, and future events and are based on current assumptions as of the date of this news release. Forward-looking statements include, but are not limited to, statements regarding: anticipated timing of the updated Mineral Resource Estimate and Preliminary Economic Assessment; interpretations of the cobalt component of the Hat Deposit; metallurgical results; the potential for future production; and the potential significance of cobalt, scandium, and other metals to the project’s economic considerations.

Forward-looking statements are subject to various risks and uncertainties that may cause actual results to differ materially, including: exploration and development risks; changes in commodity prices; environmental, permitting, and regulatory risks; risks inherent to metallurgical testwork; uncertainties in geological interpretations; and other risks described under the Company’s filings on SEDAR+. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company undertakes no obligation to update forward-looking statements.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276613

OpenAI Joins the Global Anti-Scam Alliance as Foundation Member to Strengthen Global Response Against AI-Enabled Scams

  • New partnership marks a significant step forward in the shared mission to combat AI-enabled fraud and strengthen digital safety worldwide.

As scammers adopt increasingly sophisticated methods powered by artificial intelligence, global coordination and responsible innovation have become essential to protecting consumers. Today, the Global Anti-Scam Alliance (GASA) and OpenAI announce that OpenAI has joined GASA as a Foundation Member, marking a significant step forward in the shared mission to combat AI-enabled fraud and strengthen digital safety worldwide.

OpenAI Joins GASA

OpenAI Joins GASA

OpenAI is an AI research and deployment company whose mission is to ensure AI benefits all of humanity. The company heavily invests in safety and misuse prevention, including efforts to detect and disrupt malicious attempts to use AI systems for scams, phishing, fraud, and other harms. OpenAI also publicly shares lessons from this work to strengthen collective defenses and reinforce its commitment to transparency and responsible deployment.

“The rise of AI enabled scams demands coordinated action across technology, policy, and law enforcement. OpenAI’s efforts to detect and disrupt malicious use of AI systems align closely with our mission. Their decision to join GASA as a Foundation Member sends a strong signal that protecting consumers in the age of AI requires shared intelligence, shared responsibility, and shared purpose,” said Jorij Abraham, Managing Director of GASA.

“Scams are one of the fastest-growing threats people face online, and our tools are increasingly good at spotting them. That’s why OpenAI is joining the Global Anti-Scam Alliance, where we can share insights, strengthen our collective defenses, and help people stay safe. This work fits squarely within our mission to build AI tools that benefit all of humanity,” said Will McCants, Head of Intelligence and Investigations at OpenAI.

By joining GASA as a Foundation Member, OpenAI will contribute to global research, the global advisory board, and cross-sector collaboration focused on reducing the impact of AI-enabled scams. This partnership strengthens the collective effort to build safer digital ecosystems and ensure that innovation is supported by safeguards, accountability, and shared intelligence.

Read the full release here.

Contact Information
Metje van der Meer
Marketing Director
metje.vandermeer@gasa.org

SOURCE: Global Anti-Scam Alliance

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OpenAI Joins GASA

Digital Realty and BW Digital Partner to Support Expansion of Cross-Border Connectivity Between Singapore and Batam

Digital Realty, the largest global provider of cloud-and carrier-neutral data centre, colocation, and interconnection solutions, today announced a partnership with BW Digital to strengthen cross-border DC-to-DC connectivity between Singapore and Indonesia.



(Left to Right: Johnny Sek, Commercial Sales Manager, Digital Realty; Hamid Maani, Chief Sales Officer, BW Digital; Jo Jo Kwong, Director, Strategy & Business Development, Digital Realty; Serene Nah, Managing Director & Head of Asia Pacific, Digital Realty; Govind Choudhary, General Manager, SEA & India, Digital Realty; Virginie Frouin, Chief Business Office, Connectivity, BW Digital; Florent Blot, Chief Business Officer, Datacenter & Value Added Services, BW Digital; Robert Ho, Director, Market Development, Digital Realty)

Under the agreement, the companies will jointly support the rollout of BW Digital’s Nongsa Changi Cable System (NCC), a new submarine system designed to connect Batam in Indonesia with Singapore, also overseeing its integration with Digital Realty’s SIN12 data centre on the Island State.

The undertaking is expected to provide access to vital cloud and connectivity hubs, particularly for enterprises expanding across Southeast Asia, strengthening cross-border connectivity, storage and compute, and supporting Singapore’s accelerating AI and digital transformation demands. This is strengthened by SIN12’s ability to support high-performance workloads at scale, giving enterprises confidence as they expand between Singapore and Batam.

Southeast Asia’s AI-Driven Infrastructure

By landing NCC in SIN12, BW Digital and Digital Realty hope to deliver faster, more reliable, and more sustainable data exchange between Singapore and Batam, which is emerging as a strategic hub for hyperscale and AI infrastructure.

As the first submarine cable to land directly in Nongsa Digital Park, NCC is expected to offer unprecedented resilience to Batam. It is designed to deliver more than 1.6 petabits per second (Pb/s) of new capacity and provide seamless DC-to-DC connectivity with less than 2 milliseconds (ms) latency to Singapore.

The collaboration is designed to integrate submarine cable landing facilities with Digital Realty’s global data centre platform, hoping to enable high-performance subsea connectivity, storage and interconnection within SIN12 and Artificial Intelligence/Machine Learning (AI/ML) computing enablement via PlatformDIGITAL.

Furthermore, BW Digital’s customers may also be able to expand their connectivity ecosystems and scale AI workloads by establishing interconnections directly within SIN12, while reaping cost efficiencies by enabling seamless cross connects to other providers already hosted in the facility.    

BW Digital’s in-progress NDP-1 data centre in Batam will further support Digital Realty’s customers with access to colocation and cloud connectivity options in Singapore+ (or SIJORI, the Singapore-Johor-Riau Growth Triangle), one of the region’s fastest-growing digital hubs.

This ‘AI Factory’ NDP1 data centre, with a capacity of 144MW and liquid cooling capabilities, is designed to feature direct on-ramps to BW Digital’s subsea cable landing station for low-latency and resilient links to regional markets.

At a signing ceremony in Singapore today, Serene Nah, Managing Director and Head of Asia Pacific, Digital Realty, said: “Subsea networks are central to Southeast Asia’s digital economy, and Singapore continues to serve as a critical gateway for regional data exchange. By integrating BW Digital’s Nongsa–Changi system into SIN12, we are working to deliver faster and more resilient connectivity to support customers as they scale next-generation workloads. This collaboration reinforces our commitment to strengthening the interconnection foundation that powers the region’s digital growth”.

Virginie Frouin, chief business officer, BW Digital said: “This partnership represents a major milestone for BW Digital, aligning with our mission to support digital transformation by bridging the gap between submarine cable infrastructure and land-based digital platforms in a way that is efficient, secure, and future-ready.”

“We are hoping to enable AI workloads, provide reliable, secure connectivity between Singapore and Batam, support for rising demand in cross-border data exchange, and ongoing collaboration with Digital Realty to empower customers with greater interconnection flexibility”.

About Digital Realty

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITAL®, the company’s global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx®) solution methodology for powering innovation, from cloud and digital transformation to emerging technologies like artificial intelligence (AI), and efficiently managing Data Gravity challenges. Digital Realty gives its customers access to the connected data communities that matter to them with a global data center footprint of 300+ facilities in 50+ metros across 25+ countries on six continents. To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and X.

About BW Digital

Headquartered in Singapore and part of BW Group, BW Digital develops, builds and operates digital infrastructure in high-potential markets.

Our vision is to create a sustainable digital ecosystem for cloud and AI workloads by combining data centres, connectivity and renewable energy.

Our main assets include the 15,000km Hawaiki submarine cable connecting Australia, New Zealand and the US since 2018, and the BW Digital Campus at Nongsa Digital Park, comprising the 144MW NDP1 data centre, the NCC submarine cable between Singapore and Batam and the Citra Connect terrestrial fibre network.

Media Contacts
David Binning
Brand Comms Bureau (On behalf of BW Digital)
David.binning@bcbureau.com.au

Safe Harbor Statement

This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to the APAC market, development plans in APAC, the company’s strategy, expected growth in digital transformation, and customer demand.  For a list and description of such risks and uncertainties, see the reports and other filings by the company with the U.S. Securities and Exchange Commission.  The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

GEN Announces New Positive Phase 1 Trial Data of the Investigational Drug SUL-238 for Alzheimer’s and Other Neurodegenerative Diseases

Phase 1 results show that SUL-238 is safe, well-tolerated, and demonstrates favorable pharmacokinetics with high CSF penetration in healthy elderly volunteers, supporting its advancement into further clinical development for Alzheimer’s and other neurodegenerative diseases.

GEN Pharmaceuticals (GENIL.IS), Türkiye’s leading specialty pharmaceutical company, has announced new positive results from its Phase 1 clinical trial evaluating the safety, tolerability, and pharmacokinetics (PK) of first-in-class, novel orally administered mitochondria-directed drug candidate SUL-238 in healthy elderly volunteers. The findings were presented at the 18th Clinical Trials on Alzheimer’s Disease (CTAD) in San Diego, CA (United States) today.

SUL-238 was originally discovered by Sulfateq and has since been further developed through a collaborative effort of Sulfateq and GEN as a novel therapeutic in neurodegenerative diseases.

This Phase 1 randomized, double-blind, placebo-controlled study evaluated the safety, tolerability, and pharmacokinetics (PK) after multiple-ascending doses (MAD) of orally administered SUL-238 in healthy elderly men and women (aged ≥40 years). The study included two cohorts with a treatment period of 14 days and a safety follow-up through 14 days after the last dose. 15 healthy adults in each cohort were randomized in a 2:1 ratio to receive SUL-238 or placebo. Total daily dose of SUL-238 was 4000 mg (2000 mg b.i.d., first cohort) or 4500 mg (1500 mg t.i.d., second cohort). SUL-238 demonstrated an excellent safety and tolerability profile after multiple doses in both cohorts, while demonstrating a favourable PK profile and a high cerebrospinal fluid (CSF) penetration, making it a promising candidate for further clinical development in neurodegenerative diseases, including Alzheimer’s and Parkinson’s diseases.

Key Findings:
Safety in both cohorts:

  • No clinically significant changes were observed in physical and neurological exams, vital signs, ECG, and clinical laboratory parameters.
  • AE rates were comparable between participants receiving SUL-238 and placebo.
  • All AEs were of mild intensity or considered not related to SUL-238.

First cohort PK (2000 mg b.i.d.):

  • SUL-238 was rapidly absorbed with a mean time to maximum plasma concentration (Tmax) reached at 1.25(±0.54) and 1.50(±0.53) hours on day 1 and day 14, respectively.
  • Mean terminal elimination half-life (t1/2) was3.50(±1.06) hours on day 14.
  • Mean trough plasma concentration of SUL-238 was 39.23(±24.31) ng/mL and 41.49(±18.20) ng/mL on day 8 and day 14, respectively.

Second cohort PK (1500 mg t.i.d.):

  • SUL-238 was rapidly absorbed, with a mean time to maximum plasma concentration (Tmax) reached at 0.95(±0.16) and 1.00(±0.00) hours on day 1 and day 14, respectively.
  • Mean terminal elimination half-life (t1/2):3.74(±1.84) hours on day 14.
  • Mean trough plasma concentration of SUL-238 was 57.98(±31.08) and 60.63(±64.14) ng/mL on day 8 and day 14, respectively.

Abidin Gülmüş, Chairman of GEN, stated:”We’re greatly motivated by these new positive results of SUL-238 in our Phase 1 trial, which mark a key advance toward addressing Alzheimer’s disease at its biological foundation.”

Nadir Ulu, MD, PhD, Vice President of R&D at GEN, added:”With its excellent safety and PK profile in this Multiple Ascending Dose Phase 1 trial, SUL-238 continues to represent a very strong drug candidate for further clinical development aimed at meeting the critical unmet needs in neurodegenerative diseases, including Alzheimer’s disease.

About SUL-238
SUL-238 is a novel, first-in-class, hibernation-derived small molecule designed to target mitochondria, the ‘powerhouse’ of the cell. SUL-238 supports mitochondrial bioenergetics via complex I/IV activation and enhances mitochondrial function in various preclinical models for neurodegenerative, cardiovascular, and renal diseases, as well as in accelerated aging. SUL-238 exhibits the capability to cross the blood-brain barrier and has undergone extensive safety evaluation in preclinical and clinical Phase 1 studies. GEN licenses SUL-238 from Sulfateq B.V. for neurodegenerative disease applications.

About GEN:
Founded in 1998, GEN is Türkiye’s leading specialty pharmaceutical company, focused on developing innovative therapies across multiple therapeutic areas. Through significant R&D investments and global collaborations, GEN is committed to advancing healthcare worldwide. The company develops and manufactures high-quality, competitive products at its GMP-certified production facility and continues its bold efforts in original drug development via two dedicated R&D centers.

About Sulfateq:
Sulfateq B.V. is an early-stage Dutch biotech company that fosters strategic collaborations with academic and industrial research centres to accelerate the development of innovative new medicines. It has developed a novel class of small molecules, the SUL-compounds, that maintain mitochondrial health.

For more information:
www.genilac.com.tr
www.sulfateqbv.com

Contact Information
Bulutay Güneş
Sr. Head of Corporate Brand
b.gunes@genilac.com

Fatih Gören
Investor Relations Manager
f.goren@genilac.com.

SOURCE: GEN İlaç ve Sağlık Ürünleri A.Ş.

Doubleview Provides Cobalt Resource Summary for the Hat Polymetallic Deposit in Advance of Updated MRE and PEA

Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038) (FSE: 1D4) (“Doubleview” or the “Company”) is pleased to provide a summary of the cobalt component of its Hat Polymetallic Deposit in northwestern British Columbia, in advance of the upcoming updated Mineral Resource Estimate (“MRE”) and Preliminary Economic Assessment (“PEA”). Based on the Company’s review of publicly available information, the Hat Deposit may contain one of the largest undeveloped cobalt inventories associated with a Canadian mineral deposit.

The Hat Deposit Maiden Mineral Resource Estimate, released July 25, 2024, outlined a large alkalic porphyry type copper-gold-cobalt-scandium resource, within which cobalt occurs as a by-product metal uniformly associated with copper and pyrite mineralization. The cobalt component of the resource is summarized as follows:

  • Indicated: 150 million tonnes containing 28 million pounds (approximately 12,700 tonnes) of cobalt at 0.008% Co
  • Inferred: 477 million tonnes containing 91 million pounds (approximately 41,300 tonnes) of cobalt at 0.009% Co

The Hat Deposit contains one of the more significant undeveloped cobalt-containing mineral resources in Canada. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.

Cobalt is consistently distributed throughout the alkalic porphyry system alongside copper, gold, silver, and scandium. Metallurgical testwork to date indicates that cobalt is efficiently liberated into a clean pyrite concentrate suitable for conventional downstream processing. Additional metallurgical work is ongoing.

Farshad Shirvani, President & CEO, commented: “Copper, gold, and scandium remain the primary value drivers at the Hat Deposit, but the cobalt content represents a meaningful additional component of the project’s critical-minerals profile. As demand for secure and responsibly sourced battery metals continues to rise, the Hat Deposit’s location in a Tier-1 jurisdiction and its unusually large cobalt endowment strengthen the project’s long-term relevance. As we complete the updated MRE and advance our PEA, cobalt will be one of several important contributors evaluated in the broader economic framework.”

Why Cobalt from Hat Matters

Cobalt is designated a critical mineral by Canada, the United States, the European Union, Australia, Japan, and the United Kingdom. It is essential for:

  • High-performance lithium-ion batteries
  • Superalloys used in aerospace and defense
  • Clean-energy technologies including wind, fuel cells, and emerging grid-storage systems

More than 70% of refined cobalt is processed in China, and most mine supply originates from the Democratic Republic of Congo. Western governments and industry groups are seeking secure, ethical, and transparent supply chains. Canada currently produces only minor by-product cobalt amounts. The Hat Deposit has the scale, continuity, and jurisdictional advantages to potentially contribute to future domestic supply should the project advance through the necessary evaluation and development stages.

Qualified Person

Erik Ostensoe, P.Geo., a consulting geologist and Doubleview’s Qualified Person as defined by NI 43-101, has reviewed and approved the technical disclosure in this news release. Mr. Ostensoe is not independent of Doubleview as he is a shareholder of the Company.

About the Hat Polymetallic Deposit

The Hat Deposit is located in northwestern British Columbia and is a large alkalic-porphyry system hosting significant copper, gold, cobalt, and scandium mineralization. The project has been advanced through multiple exploration campaigns, geophysical surveys, metallurgical test programs, and drill programs targeting expanded resource potential. An updated MRE and PEA are underway and expected before the end of 2025.

Open Pit 
Model Hat		Resource CategoryTonnageAverage GradeMetal Content
CuEqCuCoAuAgCuEqCuCoAuAg
Mt%%%g/tg/tmillion lbmillion lbmillion lbthousand ozthousand oz
In PitIndicated1500.4080.2210.0080.190.421,353733289292,045
Inferred4770.3440.1850.0090.150.493,6191,945912,3287,575

Scandium Exploration Target

The Hat Deposit also hosts a previously disclosed exploration target of 300-500 million tonnes averaging approximately 40 ppm (0.004%) Sc₂O₃.

“The scandium resource potential is based on the drill holes on the property drilled for (July 25, 2024) maiden resource estimate for other metal content than scandium. The potential quantity and grade are conceptual in nature, there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource.”

A NI 43-101 Technical Report supporting the 2024 MRE is filed on SEDAR+.

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO

T: (604) 678-9587
E: corporate@doubleview.ca

Forward-Looking Statements

This news release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements relate to expectations, beliefs, projections, and future events and are based on current assumptions as of the date of this news release. Forward-looking statements include, but are not limited to, statements regarding: anticipated timing of the updated Mineral Resource Estimate and Preliminary Economic Assessment; interpretations of the cobalt component of the Hat Deposit; metallurgical results; the potential for future production; and the potential significance of cobalt, scandium, and other metals to the project’s economic considerations.

Forward-looking statements are subject to various risks and uncertainties that may cause actual results to differ materially, including: exploration and development risks; changes in commodity prices; environmental, permitting, and regulatory risks; risks inherent to metallurgical testwork; uncertainties in geological interpretations; and other risks described under the Company’s filings on SEDAR+. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company undertakes no obligation to update forward-looking statements.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276613

AdipoLABs Opens New Regional Office, Signs Two MoUs With University of Cyberjaya to Advance Healthcare Innovation

AdipoLABs Co., Ltd. and Red & Blue Co., Ltd. from Korea, together with their Malaysian subsidiary, AdipoLABs Healthcare (M) Sdn Bhd, today officially opened the new AdipoLABs regional office for Asia-Pacific, marking a strategic expansion to strengthen its leadership in non- invasive healthcare and build a robust MedTech ecosystem in Malaysia and across ASEAN.

Picture 1: Top row from left: ⁠Adjunct Prof. Dr. Yoo Seung-Mo, CEO, Red & Blue Co. Ltd; ⁠Dr. Isaac Joseph, Director of AdipoLABs Healthcare (M) Sdn Bhd; and Tan Sri Dato’ Dr. R. Palan, Pro Chancellor, UoC
Second row From left: Adjunct Prof. Han Sung-ho, President & CEO, AdipoLABs Healthcare Korea; Mr. Moses Balagopal, Director, AdipoLABs Healthcare (M) Sdn Bhd and Professor Dr. David Whitford, Vice Chancellor, UoC

As a research and development-focused medical company, its presence is expected to drive knowledge transfer, foster R&D collaboration, provide industry-standard training, and enhance the country’s preventive healthcare capabilities. To commemorate this milestone, the company also signed two Memoranda of Understanding (MoUs) with the University of Cyberjaya (UoC), formalising a partnership to advance healthcare innovation, clinical research, and talent development.

“By uniting our hyperthermia technology with local expertise and academic rigour, we’ll expedite the adoption of advanced solutions and improve patient outcomes worldwide. We envision this collaboration as a blueprint for international healthcare partnerships,” said Mr. Han Sung-ho, CEO of AdipoLABs Co., Ltd.

Picture 2: Left to right – Adjunct Prof. Dr. Yoo Seung-Mo, CEO, Red & Blue Co. Ltd, Adjunct Prof. Han Sung-ho, President & CEO, AdipoLABs Healthcare Korea, Dr. Isaac Joseph, Director of AdipoLABs Healthcare (M) Sdn Bhd, Professor Dr. David Whitford, Vice-Chancellor, University of Cyberjaya, Mr. Moses Balagopal, Director, AdipoLABs Healthcare (M) Sdn Bhd, Tan Sri Dato’ Dr. R. Palan, Pro-Chancellor, University of Cyberjaya.

A cornerstone of the first MoU is a comprehensive internship programme with UoC’s Physiotherapy programmes under the Faculty of Health, offering six-month placements and potential job opportunities to give students invaluable real-world experience. Students from the Faculty of Health will gain hands-on expertise with AdipoLABs’ Pain Bot device, enhancing their skills in pain detection and treatment, while students from the School of Biomedical Engineering will support AdipoLABs’ technical operations, strengthening after-sales service and device maintenance.

As part of the partnership, AdipoLABs will implement a strategic client engagement initiative, where interns may be placed at client facilities to demonstrate device effectiveness and provide on-site support. This initiative highlights the interns’ value, encourages potential permanent employment, and ensures optimal use of the technology. The collaboration also extends to clinical research, with UoC professors and students conducting studies on various AdipoLABs medical devices, generating evidence-based insights to be published in reputable journals and scientifically validating the technologies.

“We’re thrilled to collaborate with the University of Cyberjaya to cultivate local talent and drive Malaysian healthcare innovation. This partnership offers UoC students invaluable hands-on experience with technologies like Pain Bot. It also expands our clinical research, enhancing pain management solutions for patients across Malaysia and ASEAN. We are dedicated to empowering future healthcare leaders,” said Dr. Isaac R. Joseph, Director of AdipoLABs Healthcare (M) Sdn Bhd.

In a parallel effort to advance physiotherapy education, AdipoLABs Malaysia, Red & Blue Co., Ltd., and UoC signed a second MoU focused on knowledge transfer and medical device donation. Under this agreement, AdipoLABs Malaysia will donate a Pain Bot unit to UoC, giving students access to cutting-edge pain detection and treatment technology and enhancing their knowledge and skills in innovative musculoskeletal pain management methods.

AdipoLABs, a Ministry of Health (MOH)-registered medical-device establishment under the Medical Device Authority(MDA), anchors this collaboration with proven regulatory credibility and a strong commitment to quality and innovation. Their certified standing reinforces UoC’s ambition to accelerate evidence-based research and industry-ready healthcare solutions.

“AdipoLABs’ partnership with the University of Cyberjaya is more than a collaboration, it is a direct investment in the next generation of healthcare professionals. With the introduction of advanced rehabilitative technologies, our students gain access to international-standard tools and real-world innovation that will shape their confidence, competence, and future careers,” said Professor Dr. David Whitford, Vice-Chancellor of the University of Cyberjaya.

Further strengthening this collaboration, Professor Dr. Yoo Seung-mo from South Korea, the inventor of the Pain Bot, will serve as an Adjunct Professor at UoC. Dr. Yoo will provide on-site training and ongoing remote mentorship, ensuring students receive the highest level of expertise in utilising the Pain Bot technology and applying advanced pain detection and treatment techniques.

Together, UoC and AdipoLABs are positioned to drive forward Malaysia’s healthcare innovation agenda with greater confidence and impact.

For more information on University of Cyberjaya or AdipoLABs Healthcare (M) Sdn Bhd, kindly visit: University of Cyberjaya – Premier University in Malaysia or adipolabs-msia.com – AdipoLABs Healthcare Malaysia

ABOUT UNIVERSITY OF CYBERJAYA (UOC)

The University of Cyberjaya is a premier institution located in Malaysia’s first smart city, offering a transformative educational experience on a state-of-the-art, eco-friendly campus. The University was recently ranked in the top 1,000 universities in the world under the QSWorld University Rankings and is also currently ranked top 450 under the QS Asia University Rankings 2026.

The University is renowned for its excellence in medicine, teaching, employability, facilities, and social responsibility. Additionally, it holds a Top 601+ ranking in the Times Higher Education Sustainability Impact Rankings, excelling in Top 200 for Good Health and Well-being (SDG 3).

Founded in 2005 with a focus on medicine and pharmacy, the University has expanded to offer over 50 programmes across diverse fields such as medicine, health sciences, nursing, pharmaceutical sciences, psychology, business, and biomedical engineering. With a global community of over 10,000 students and over 13,000 alumni, the University is shaping future leaders who are making significant contributions to various industries. The University’ impact is reflected in its graduates, who have contributed to innovations in healthcare during the COVID-19 pandemic, participated in international humanitarian missions, and made significant advancements across industries such as business and biomedical engineering.

The University is guided by Chancellor Tan Sri Dato’ Seri Dr. Noor Hisham Abdullah, a prominent figure in global healthcare

for World Health Organization (WHO) initiatives and former Director-General of the Malaysian Ministry of Health. Chairman Professor Tan Sri Dato’ Dr. Mohd Amin Jalaludin, former Vice-Chancellor of the University of Malaya, provides strategic governance as Chairman of the Board of Governors. Under the leadership of Vice Chancellor Professor Dr. David Whitford, the University is strengthening its global outlook and academic excellence. The university can be contacted at +603 8313 7000.

About AdipoLABs Co., Ltd.

AdipoLABs Co., Ltd. is a South Korean medical device company specialising in innovative hyperthermia cancer treatment technology. The company is the manufacturer of the Remission 1℃, a high-frequency hyperthermia device used in hospitals worldwide as an adjunct therapy for cancer treatment. With a commitment to research and development, AdipoLABs strives to improve patient outcomes and contribute to a future free from the burden of disease. AdipoLABs has a global presence, with branches in India, China, and Malaysia.

About AdipoLABs Healthcare (M) Sdn Bhd

AdipoLABs Healthcare (M) Sdn Bhd, established in Malaysia in 2018, is a subsidiary of AdipoLABs Co., Ltd. As the sole distributor of AdipoLABs medical devices in Malaysia and authorised representative for sales, marketing, and after-sales service throughout the ASEAN region, the company is committed to bringing innovative, non-invasive medical devices and innovative solutions to the Southeast Asian market. The company works closely with an international team of researchers, doctors, lab technicians, and engineers to provide cutting-edge healthcare technology to the ASEAN market. Dr. Isaac R. Joseph and Mr. Moses Balagopal are the Directors and Co-founders of AdipoLABs Healthcare (M) Sdn Bhd.

About Red & Blue Co., Ltd.

Red & Blue Co., Ltd. is a South Korean company specialising in the development and distribution of advanced medical devices and healthcare solutions. As a key partner of AdipoLABs Co., Ltd., Red & Blue Co., Ltd. is committed to supporting education and training initiatives that promote the effective use of innovative pain detection and pain treatment techniques. Dr. Yoo works closely with healthcare professionals and academic institutions to advance the field of pain management and improve patient outcomes.

Issued by MNAIR PR Consultancy Sdn Bhd on behalf of University of Cyberjaya and AdipoLABs Healthcare (M) Sdn Bhd Contacts for Media Enquiries:

MNAIR PR Consultancy Sdn Bhd Ameera Hani
Associate Director, Public Relations
+6014 2243296
ameera@mnairpr.com

University of Cyberjaya (UoC) Ehya Nadzeri
Communications
Cyberjaya Education Group Berhad
gcmc@cyberjaya.edu.my

GMG Launches Pre-Order Sales for First to Market Multi Language THERMAL-XR(R) Kit with Electric Spray Gun

Graphene Manufacturing Group Ltd. (TSXV: GMG) (“GMG” or the “Company”) is proud to announce the launch of pre-sales for GMG’s THERMAL-XR® spray skit with electric spray gun and prep detergent with manual pump foaming gun, as seen in Figure 1. The product is now available to pre-order in Australia at the following web site address: https://thermal-xr.com/. Kits will be dispatched for delivery before the end of December 2025.

Please see explainer video which shows how the THERMAL-XR® kit can be used:



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https://www.youtube.com/watch?v=agrmEO3MK4M

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Figure 1: GMG THERMAL-XR® Kit with Electric Spray Gun

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8082/276363_gmg.jpg

The product’s instruction manual is shown in 16 languages – English, French, German, Italian, Spanish, Portuguese, Polish, Turkish, Indonesian, Hindi, Vietnamese, Mandarin Chinese, Japanese, Korean, Thai and Arabic. The spray kit will progressively be available for sale around the world as GMG onboards distributors for this product.

The product includes the following:

  • 500 mL THERMAL-XR® ENHANCE,
  • 1000 mL THERMAL-XR® PREP READY TO USE,
  • Electric Spray Gun,
  • Manual Pump Foaming Detergent Gun and
  • Accessories (face mask, gloves, tape and drop cloth).

The kit has been simplified and the graphene coating is now only a 2-step process: PREP (detergent) then ENHANCE (graphene coating).

GMG’s Managing Director and CEO, Craig Nicol, commented: “We are thrilled to bring this product to market for pre-sales – the product has been through intensive product development to reduce the complexity of the THERMAL-XR® spray process and make available for all, whether individuals using in their own homes, businesses or the first step for technicians in a professional setting.”

GMG’s Chairman and Non-Executive Director, Jack Perkowski, commented: “We expect big things from our small pack range, including this kit through distributors globally – congratulations to the GMG team! I know how hard they have worked on this.”

About GMG

GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, ‘tuneable’ and low/no contaminant graphene suitable for use in clean-technology and other applications.

The Company’s present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning (“HVAC-R”) coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.

In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries (“G+AI Batteries”). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries.

GMG’s 4 critical business objectives are:

  1. Produce Graphene and improve/scale cell production processes
  2. Build Revenue from Energy Savings Products
  3. Develop Next-Generation Battery
  4. Develop Supply Chain, Partners & Project Execution Capability

For further information please contact:

  • Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
  • Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the products being available for order or delivery to distributors around the world and the anticipated timing of delivery times for the spray kit.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, that GMG will be able to take orders and deliveries to meet distributor demand around the worldwide. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation, that products may not be available for sales or delivery to meet customers’ expectations.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276363

AcroMeta Announces Strategic Joint Venture to provide AI-Powered Global Trade Operating System

AcroMeta Group Limited (“AcroMeta”, or the “Company”, and together with its subsidiaries, the “Group”) today announced a strategic leap into the future of digital trade by entering into a Binding Indicative Term Sheet (the “Term Sheet”) with a technology partner (the “Partner”) for a proposed joint venture (the “Proposed JV”) on 29 November 2025.

The JV will be undertaken through its subsidiary, AcroMeta Lifestyle Pte. Ltd. (“AcroMeta Lifestyle”), which will be develop and provide an AI-powered global trade operating system.

This initiative marks a fundamental shift from passive online marketplaces to an active, intelligent platform that autonomously sources real-time global procurement opportunities and manages the entire trade execution process, including payment, logistics, and customs.

“This joint venture serves as the strategic launchpad for our AI-powered global trade operating platform. By deploying it first within our own ecosystem, we immediately generate a valuable, operational case study and revenue stream. Once we fine tune its efficacy, we will expand into other business, industrial sectors and countries,” Said Mr. Lawrence Toh, Executive Director.

From E-commerce to AI Trade Execution

The Proposed JV will fund the deployment of the AI-powered global trade operating system. This platform will utilize six specialized AI agent clusters—including Customs Data Intelligence, Social Intent Mining, and Government Tender AI—to continuously scan global data sources for verified purchase signals. Suppliers can pay to unlock these high-intent leads, and the platform offers a managed trade service, handling the complex cross-border execution.

JV Structure and Strategic Benefits

Under the Term Sheet, the paid-up capital of AcroMeta Lifestyle will be increased to S$500,000, with AcroMeta contributing S$200,000 for a 51% majority stake and the Partner contributing S$300,000. This structure enables AcroMeta to scale the venture with reduced capital outlay while retaining strategic control.

The technology Partner will assume the role of the general management, bringing day-to-day operational expertise, while AcroMeta maintains full oversight through board chairmanship and financial controls.

A Platform for Global Expansion

The Proposed JV marks a significant step in AcroMeta’s transformation and positions the Group to participate more meaningfully in global AI-driven markets. The Group aims to build new revenue pillars that complement its existing businesses and support sustainable shareholder value.

This media release is to be read in conjunction with SGXNET announcement released on the same date. Reference: https://tinyurl.com/283ykzm8 

About AcroMeta Group Limited (SGX: 43F)

AcroMeta Group Limited (“AcroMeta” or the “Company”, and together with its subsidiaries, the “Group”), is in the business of facility management services. The Company has been listed on the Catalist board of the Singapore Exchange since 2016. For more information, please visit www.acrometa.com.

Media and Analysts Contact:

AcroMeta Group Limited                                
Mr. Lee Foo Tuck                                          
Tel: +65 6743 1300                                          
Email: footuck.lee@acrometa.com                      

Waterbrooks Consultants Pte Ltd
Mr. Wayne Koo
Tel: +65 6958 8008 / +65 9338 8166
Email: wayne.koo@waterbrooks.com.sg
Email: query@waterbrooks.com.sg

This media release has been reviewed by the Company’s Sponsor, W Capital Markets Pte. Ltd. (the “Sponsor”). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the “Exchange”), and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document. The contact person for the Sponsor is Mr Foo Say Nam, 65 Chulia Street #43-01 OCBC Centre, Singapore 049513, telephone (65) 6513 3536.

HashKey Passes HKEX Hearing: From Asia’s Compliance Pioneer to a Global Institutional Gateway for Digital Assets

HashKey Holdings Limited (referred to as HashKey) formally passed the HKEX hearing to become the leading digital asset company to undergo IPO in the Hong Kong capital market. This is a significant milestone for HashKey’s compliance-focused development from day one but also represents a pioneer for Asia’s digital asset industry entry into the mainstream capital markets.

Amid a global trend towards regulatory maturity and rapid institutional adoption for digital assets, the Hong Kong-based HashKey has grown from a regional compliance-focused exchange into a global gateway between traditional finance and the Web3 ecosystem. The company has also become a valuable bridge connecting financial infrastructures across multiple regions.

I. Building Asia’s Leading Digital Asset Ecosystem with Three Core Pillars
HashKey’s disclosure of its prospectus has three core pillars: transaction facilitation, on-chain services and asset management services. Together, it forms an integrated business ecosystem covering the entire digital asset lifecycle putting the company in a leading position in Asia.

1. Transaction Facilitation: Asia’s Leading Onshore Digital Asset Platform
According to analytics research firm Frost & Sullivan, HashKey holds a market share exceeding 75% in the local Hong Kong market based on 2024 trading volume. This leading position is a testament to the company’s long-term investment in compliance, stringent governance, and institutional-grade security standards. The cohesiveness is crucial in a highly regulated onshore market.

2. On-Chain Services: leading among global competitors
The company leads in Asia and ranks in top eight globally for on-chain businesses such as node operations, staking, and infrastructure support. HashKey  participates in the transaction side of the ecosystem and also engage deeply in the entire on-chain ecosystem.

3. Asset Management: becoming a leading platform in Asia
Leveraging an established trust and risk control system, HashKey’s asset management business maintains steady growth and also creates synergy with its transaction facilitation and on-chain services. It has become a platform with comprehensive capabilities.

II. Compliance Becomes A Decisive Competitive Edge Under Maturing Global Regulatory Frameworks
As regulatory frameworks for digital assets become clearer for governments globally, the “Wild West” era of the industry is long gone. In the current cycle, compliance capability and regulatory adaptation have become the backbone for survival and expansion.

The current trend is for companies to adopt a regulatory-native approach like what HashKey has done to gain market attention and favorability.

The prospectus indicates that HashKey has already obtained 13 licenses and registrations across different jurisdictions and has completed security and internal control certifications under international standards including SOC 1 Type 2, SOC 2 Type 2, ISO27001, and ISO27701. The company’s record of no major security incidents, loss of customer funds, and on-chain slashing reflects the maturity of its governance system and risk framework.

As a leading gateway within Asia’s digital asset domain, HashKey has built a strategic position with solid institutional foundation for the growing integration between global capital, on-chain ecosystems, and traditional finance in the coming decade.

III. Linking the East and West: Asia’s Leading Gateway In Digital Assets Industry Is Shaping It’s Global Role
From a long-term perspective, HashKey’s IPO is a starting point rather than the finish line. In recent years, the company has been actively expanding into offshore markets along with the continuous development of its onshore exchange business. This is a trend as the industry enters a phase of institutionalization.

With growing institutional demand, traditional financial institutions need compliant gateways while on-chain ecosystems need mature infrastructure support.  Capital flows will need to establish new channels of connections between East and West.

HashKey’s multi-jurisdictional license portfolio, mature risk management system, and transparent governance structure allow traditional institutions to enter the Web3 ecosystem within a controlled regulatory framework. HashKey’s capability as an institutional gateway is further amplified with the launch of its CaaS (Crypto-as-a-Service) platform, which makes it a vital bridge connecting on-chain service with real-world finance.

As Asia’s most mature international financial center, Hong Kong has a compatibility advantage because its regulatory system is on par with other leading global financial systems. HashKey’s IPO in Hong Kong will allow the company to simultaneously serve as the gateway for Western institutions entering the Asian digital asset markets and Asian capitals aiming for global allocation. As regional regulations increasingly align, the value of HashKey’s function as a gateway for digital assets in Asia is rapidly amplified.

It is a reflection of the digital asset industry advancing into a new stage led by institutions and infrastructure. In this cycle, transformation is encouraged by institutions capable of connecting traditional finance, on-chain ecosystems, and cross-regional markets. Hence, HashKey has positioned itself precisely to assume this role.