Daily Finance Archives - Page 23 of 40

Society Pass’ (Nasdaq: SOPA) Thoughtful Media Group Launches in Vietnam Market, Revolutionizing the Creator Economy with Integrated Marketing Services

Society Pass Inc (Nasdaq: SOPA), Southeast Asia (SEA)’s next generation, data-driven, loyalty, fintech and e-commerce ecosystem, announces the official launch of its digital advertising platform, Thoughtful Media Group Inc (TMG), in the Vietnamese market.

Founded in 2010, TMG pioneered the use of multi-channel network for content creators in the Asian market. After being acquired by SOPA in July 2022, TMG has transformed into a multi-platform integrated advertising platform connecting content creators and brands.

With headquarters in Bangkok, Thailand, TMG has expanded its ecosystem of integrated advertising services to include Vietnam and Indonesia. Through a network of talented creators across multiple industries, TMG assists brands and merchants to build their businesses from awareness to effective conversion.

Mr. Rokas Sidlauskas, Chief Marketing Officer of SOPA Group, announced the launch of TMG in Vietnam, stating, “After almost one year of being acquired and joining the SOPA ecosystem, TMG has become a vital part of our integrated advertising and digital strategy. As a digital marketing powerhouse, TMG not only provides innovative marketing and branding services, but also helps other ventures in the SOPA ecosystem grow and acquire customers faster. Through strategic partnerships with SOPA’s sister companies in other verticals, TMG generates additional benefits for users, such as our leading lifestyle platform Leflair. By partnering with TMG, Leflair leverages the TMG network of talented creators to review and sell their products across multiple online platforms like Youtube and Tiktok. SOPA is fully committed to the growth of TMG in SEA, and we are excited to see the innovative marketing campaigns that the new TMG after restructuring will bring to the region.”

“Cultivating Vietnam’s vast potential in the digital transformation is at the forefront of TMG’s mission,” said Thao Ngo, Representative of TMG Vietnam. “With our wealth of experience and deep understanding of the local Vietnamese market, TMG Vietnam provides brands and advertisers with top-notch services to maximise the effectiveness of their marketing budgets. By offering strategic advice and premium advertising services, TMG connects brands with consumers more efficiently, enabling them to expand their marketing businesses and tap into the full potential of the region.”

Since joining the SOPA ecosystem, TMG has gained access to greater financial resources and technological capabilities of its parent company. And this access has enabled TMG to expand rapidly into new markets, upgrade its service offerings. Following its corporate restructuring, TMG has become a fully integrated marketing powerhouse with four core businesses: Online Platforms, Premium Brands, Social-selling, and Sports Marketing.

With its unique values of technological innovation, diverse content, and approaches through a network of talented creators, TMG Vietnam attracts bright talents, create and introduce them to the market through strategic content directions and massive online reach. TMG’s premium marketing services help brands interact with consumers more effectively, thereby boosting business performances and bringing the awareness of those companies beyond Vietnam and out to the region.

About Thoughtful Media Group (TMG)

Founded in 2010, Thoughtful Media Group is a leading digital advertising platform in SEA. Through our network of talented creators across multiple industries in Thailand, Vietnam and Indonesia, we help brands maximise marketing budgets and achieve business objectives through some of the most innovative marketing campaigns in the region.

In 2022, Society Pass (Nasdaq: SOPA), the next generation acquisition-focused fintech and e-commerce ecosystem in SEA, acquired Thoughtful Media Group. Since then, TMG has fully evolved into a digital-first and fully integrated advertising powerhouse.

For more information, please visit:
Website at www.thoughtfulmedia.com
LinkedIn at https://www.linkedin.com/company/thoughtful-media-group-inc or
Instagram at https://www.instagram.com/thoughtfulmedia/ or
Facebook at https://www.facebook.com/thoughtfulmediaasia or
Twitter at https://twitter.com/ThoughtfulMedia.

About Society Pass

Founded in 2018 as a data-driven loyalty, fintech and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.

SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its signature Society Pass fintech platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa’s data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 205,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam’s leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a leading online restaurant delivery service based in Vietnam; and Mangan.ph, a leading local restaurant delivery service in Philippines.

For more information on Society Pass, please visit:
Website at https://www.thesocietypass.com or
LinkedIn at https://www.linkedin.com/company/societypass or
Facebook at https://www.facebook.com/thesocietypass or
Twitter at https://twitter.com/society_pass or
Instagram at https://www.instagram.com/societypass/.

Media Contact:
Public Relations Representative
Ms. Ha Nguyen – 0903 988579
hanguyen@sunrisesvn.com

Palladium One Discovers New High-Grade Nickel – Copper Zone 3.5 kms from the Smoke Lake Zone, Tyko Nickel – Copper Project, Canada

Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the “Company” or “Palladium One“) is pleased to report the discovery of a new high-grade nickel – copper zone (“Ember Zone“) which is located 3.5 kilometers southwest of the Smoke Lake Zone (Figure 1) on the Tyko nickel – copper project, in Ontario, Canada (“Tyko Project“).

“The discovery of another high-grade nickel – copper zone at Tyko further supports our thesis that we have a significant new nickel camp on our hands. The Ember Zone exhibits many similarities to the nearby Smoke Lake Zone and other high-grade nickel – copper zones on the Tyko Project. Notably the Ember Zone is adjacent to an extensive interpreted Chonolith, which is on strike with the Cupa Lake VTEM / soil anomalies, suggesting Ember may be part of much larger mineralizing system,” commented Derrick Weyrauch, President and Chief Executive Officer.

The Ember Zone was first identified by a moderate two line VTEM anomaly in 2021 (see the Company’s news release dated October 28, 2021), reconnaissance soil sampling returned weakly anomalous nickel values up to 42 parts per million (“ppm“), and copper values up to 30 ppm (Figure 2). The weak geophysical and soil anomalies of the Ember Zone resulted in it being drill tested during Q4 2022, Its discovery reinforces the notion that any VTEM anomaly and even weak soil anomalies can point to high-grade nickel – copper mineralization on the Tyko Project.

Notably the Ember Zone is located just north of an interpreted lengthy east-west trending Chonolith / Feeder Dyke structure which is on strike with the Cupa Lake VTEM / soil anomaly (Figure 2). Cupa Lake represents a multi-line VTEM anomaly and a strong soil anomaly with values up to 132 ppm nickel and 512 ppm copper. Cupa Lake is a priority drill target which has an outstanding Exploration Permit application.

The geometry of the Ember Zone is not fully delineated, drilling to date was focused on defining the zone at shallow depths as the conductor’s orientation was poorly defined by the airborne VTEM survey. Thus far, the zone appears to form a southwest plunging body toward the interpreted Chonolith / Feeder Dyke structure located to the South (Figure 3). Hole TK22-108 was drilled as a Bore Hole ElectroMagnetic (“BHEM“) geophysical platform but deviated from the interpreted plunge of the zone. A BHEM survey is planned in Q2 2023 to better define the VTEM conductor and search for potential conductors at depth.

The 2022 drill program consisted of 70 holes totaling 13,038 meters, of which 14 holes are pending assay results. The 2023 field season is currently underway, with a high-resolution magnetic survey having been completed. The survey was designed to refine the geometry of the interpreted feeder dykes / chonoliths across the Tyko Project’s 30-kilometer strike length prior to additional drill testing. The 2023 exploration program will continue to focus on these newly identified and interpreted Chonolith / Feeder Dyke structures on the 30,000-hectare Tyko Project (Figure 1).

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Table 1: Assay Results: Tyko 2022 Drill Results from New Ember Zone

Hole	From (m)	To (m)	Width (m)	Ni %	Cu %	Co %	TPM g/t	Pd g/t	Pt g/t	Au g/t
TK22-096	No significant values
TK22-097	54.9	56.3	1.4	0.52	0.26	0.01	0.06	0.02	0.04	0.00
TK22-098	No significant values
TK22-099	Abandoned due to hole deviation
TK22-100	51.3	56.6	5.3	0.71	0.85	0.02	0.09	0.03	0.05	0.00
	53.3	54.8	1.5	2.01	2.85	0.04	0.26	0.11	0.14	0.01
TK22-101	No significant values
TK22-102	54.4	60.4	6.0	0.28	0.15	0.01	0.05	0.01	0.02	0.02
	54.4	57.4	3.0	0.38	0.23	0.01	0.08	0.02	0.03	0.04
TK22-103	43.8	47.6	3.9	0.45	0.26	0.01	0.04	0.02	0.02	0.00
	43.8	45.8	2.1	0.74	0.45	0.02	0.08	0.03	0.04	0.00
TK22-104	32.0	38.9	6.9	1.07	0.28	0.02	0.07	0.03	0.04	0.00
	35.7	37.5	1.9	2.02	0.36	0.04	0.11	0.05	0.06	0.00
TK22-105	No significant values
TK22-106	12.2	20.4	8.2	0.24	0.14	0.01	0.02	0.01	0.01	0.00
	14.2	19.3	5.1	0.30	0.17	0.01	0.02	0.01	0.01	0.00
TK22-107	No significant values
TK22-108	No significant values, drilled as a BHEM geophysical platform

(1) Reported widths are “drilled widths” not true widths.

Table 2: Drill Hole Locations for assay results from this News Release

Hole	Azimuth	Dip	Length	NAD83 z16 East	NAD83 z16 North	Elevation
TK22-096	160	-75	225	625080.7	5419729	376
TK22-097	30	-55	150	625102.4	5419695	372.4
TK22-098	30	-70	126	625093.5	5419670	371.9
TK22-099	35	-45	22	625089.8	5419670	376.8
TK22-100	35	-45	75	625093.5	5419670	371.9
TK22-101	65	-45	84	625090.4	5419660	373.8
TK22-102	0	-45	111	625091.1	5419667	372.9
TK22-103	20	-45	96	625088.4	5419680	372.8
TK22-104	48	-50	63	625090.6	5419674	372.9
TK22-105	350	-70	99	625089.2	5419672	372.7
TK22-106	45	-45	51	625125.9	5419706	373
TK22-107	330	-75	195	625218.8	5419494	370.7
TK22-108	350	-70	300	625024.1	5419609	373.8

QA/QC
The drilling program was carried out under the supervision of Neil Pettigrew, M.Sc., P. Geo., Vice President of Exploration, and a Director of the Company.

Drill core samples were split using a rock saw by Company staff, with half retained in the core box and stored onsite at the Tyko exploration camp core yard facility.

Samples were transported in secure bags directly from the logging facility at the onsite exploration camp, to the Activation Laboratories Ltd. (“Actlabs“) in Thunder Bay, Ontario. Actlabs, which is ISO 17025 accredited with CAN-P-1579 (Mineral Lab). In addition to ISO 17025 accreditation, Actlabs is accredited/certified to ISO 9001:2015. All samples are crushed to 2 millimeters with a 250-gram split pulverized to 105 microns. Analysis for PGEs is performed using a 30 grams fire assay with an ICP-OES finish and for Ni, Cu, and Co using 0.25 grams by 4 acid digestion with ICP-OES finish. Ni, Cu and Co samples over 1.0 wt% were re-analysed by ore grade methods using 4 acid digestion with ICP-OES finish.

Certified standards, blanks and crushed duplicates are placed in the sample stream at a rate of one QA/QC sample per 10 core samples. Results are analyzed for acceptance within the defined limits of the standard used before being released to the public.

About Tyko Nickel – Copper – Cobalt Project
The Tyko Nickel – Copper – Cobalt Project, is located approximately 65 kilometers northeast of Marathon Ontario, Canada. Tyko is a high sulphide tenor, nickel – copper (2:1 ratio) project and currently has six known mineralized zones spanning over a 20 kilometer strike length.

Qualified Person
The technical information in this release has been reviewed and verified by Neil Pettigrew, M.Sc., P. Geo., Vice President of Exploration and a director of the Company and the Qualified Person as defined by National Instrument 43-101.

About Palladium One
Palladium One Mining Inc. (TSXV: PDM) is focused on discovering environmentally and socially conscious metals for green transportation. A Canadian mineral exploration and development company, Palladium One is targeting district scale, platinum-group-element (PGE)-copper-nickel deposits in Canada and Finland. The Läntinen Koillismaa (LK) Project in north-central Finland, is a PGE-copper-nickel project that has existing NI43-101 Mineral Resources, while both the Tyko and Canalask high-grade nickel-copper projects are located in Ontario and the Yukon, Canada, respectively. Follow Palladium One on LinkedIn, Twitter, and at www.palladiumoneinc.com.

ON BEHALF OF THE BOARD
“Derrick Weyrauch”
President & CEO, Director
For further information contact:
Derrick Weyrauch, President & CEO
Email: info@palladiumoneinc.com

Neither the TSX Venture Exchange nor its Market Regulator (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Information set forth in this press release may contain forward-looking statements. Forward-looking statements are statements that relate to future, not past events. In this context, forward-looking statements often address a company’s expected future business and financial performance, and often contain words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, and “intend”, statements that an action or event “may”, “might”, “could”, “should”, or “will” be taken or occur, or other similar expressions. These forward-looking statements include, but are not limited to, statements relating the 2023 exploration program and its focus and results; the pending results of the Company’s previous drilling; the standards of testing; and other statements that are not historical facts. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in palladium and other commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the absence of dividends; competition; dilution; the volatility of our common share price and volume; and tax consequences to Canadian and U.S. Shareholders. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/159861

Ramadan 2023: OYO announces a special scheme to reward travelers in Malaysia

Global hospitality technology company OYO has announced a special scheme to encourage and reward travel during the holy month of Ramadan in Malaysia. As part of OYO’s commitment to supporting travel during this important time, it is offering gold bars to those staying in OYO properties from March 10 to April 20, 2023.

The program called “OYO Promo Ramadan” is designed to encourage individuals and families to travel during the month of Ramadan and experience the unique cultural and spiritual aspects of this time.

Travelers who book their stay with OYO Rooms will be automatically entered into a draw to win gold bars. A gold bar each will be given to the top two guests for booking their stay in OYO properties for 10 nights or more during the contest period.

To avail this discount, guests can download the OYO App, click on the red ‘Nearby’ icon to discover a valid participating hotel and complete the booking after applyign coupon code ‘OYORAMADAN’ and hitting the Book Now button. They can also resolve their queries quickly with OYO’s 24*7 chatbot – Yo! Chat.

Speaking on the special Ramadan scheme, Akshay Rathod, Country Head, OYO Malaysia said “Traveling during Ramadan can also offer a unique perspective on daily life as travelers may have the opportunity to experience a more relaxed pace of life. Many areas in Malaysia come alive with special events and festivals. There are often night markets and bazaars, where you can sample traditional foods and experience the local culture. We hope our Ramadan scheme will encourage guests to embark on a journey that is not only spiritually fulfilling but also potentially rewarding”.

There are more than 500 live and exclusive properties across 100 cities across Malaysia covered under this scheme. Major cities included in the scheme include Kuala Lumpur, Johor Bahru, Kota Kinabalu, Miri, Kuantan, Petaling Jaya, Ipoh and Klang.

OYO is also planning to support Malaysia’s ‘Visit Malaysia 2025’ program with such initiatives. With 2023 already looking to be a bumper year for tourism in Malaysia, the government is now planning for long-term growth. Prime Minister Datuk Seri Anwar Ibrahim recently announced that 2025 will be the next official ‘Visit Malaysia Year’. With tourism back in full swing and international attention returning to Malaysia, the next few years leading up to Visit Malaysia 2025 are expected to open new destinations and experiences.

Accrelist’s subsidiary, Jubilee, to unlock remaining shareholding in its Electronics Business Unit for S$21.4 million

Accrelist Ltd.’s 53.31%-owned subsidiary, Jubilee Industries Holdings Ltd, has entered into a Sales and Purchase Agreement (SPA) with UPC Electronics Pte. Ltd. (the “Purchaser”) for the sale of the Company’s remaining 86% shareholdings in We Components Pte. Ltd. (WEC) (the “Proposed Disposal”).

The Proposed Disposal follows the successful completion of Jubilee’s sale of 14% shareholding interest in WEC (“First Disposal”) as announced on 9 March 2023. The Hong Kong incorporated Purchaser’s main business is the promotion and distribution of products and solutions of semiconductor manufacturers in the People’s Republic of China and overseas. Upon completion of the Proposed Disposal, WEC shall cease to be a subsidiary of Jubilee.

The aggregate consideration of US$15.9 million (approximately S$21.4 million based on the exchange rate of USD 1: SGD 1.3486) for the Proposed Disposal will be satisfied fully in cash. The Proposed Disposal will enable Jubilee to re-strategise its financial and capital resources. Accrelist’s Executive Chairman and Chief Executive Officer, Dr Terence Tea, said, “The Proposed Disposal reflects the EBU’s deep value. To the fullest extent permissible under the laws, Jubilee intends to return the sale proceeds to its shareholders in an effective and cost efficient manner.”

This press release should be read in conjunction with the full text of the announcement: https://links.sgx.com/FileOpen/Accrelist%20-%20Disposal%20Announcement%20220323.ashx?App=Announcement&FileID=750650

About Accrelist Ltd. [ACC:SP]

Accrelist Ltd. (“Accrelist”) seeks to create long-term value for our shareholders and business partners by unlocking and adding value to the companies we invest in. The Group continues to actively pursue new opportunities with a growing focus on medical aesthetics.

The Group’s wholly owned subsidiary corporations include the Accrelist Medical Aesthetics group of companies, branded as A.M Aesthetics, and A.M Skincare Pte. Ltd. (“A.M Skincare”).

A.M Aesthetics operates a chain of registered medical aesthetics clinics in Singapore and Malaysia which use state-of-the-art equipment and clinically proven solutions to deliver a wide range of highly reliable and effective treatments.

A.M Skincare is principally involved in the retail sale of pharmaceutical and medical goods. It develops and distributes its own original design manufacturer clinical skincare products (“ODM”) with support from South Korean dermatologists alongside other non-ODM products.

In addition, Accrelist holds a 53.31% controlling stake in Jubilee Industries Holdings Ltd. (“Jubilee”), a one-stop service provider with two main business segments:
1. Mechanical Business Unit (MBU) which is engaged primarily in precision plastic injection moulding and mould design and fabrication services; and
2. Electronics Business Unit (EBU) which distributes integrated electronic components.

Headquartered in Singapore, Jubilee’s production facilities span across Malaysia and Indonesia. Jubilee’s products are sold to customers in Singapore, Malaysia, Indonesia, Vietnam, India, the People’s Republic of China, the United States and various European countries.

For more information, please visit www.accrelist.com.sg

Issued on behalf of Accrelist Limited
By Waterbrooks Consultants Pte. Ltd.

For media enquiries, please contact:
Wayne Koo
+65 9338 8166
wayne.koo@waterbrooks.com.sg

Elliot Siow
+65 8375 0417
elliot@waterbrooks.com.sg

This Press Release has been reviewed by the Company’s Sponsor, RHT Capital Pte. Ltd. (“Sponsor”), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (“SGX-ST”).

This Press Release has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this Press Release including the correctness of any of the statements or opinions made or reports contained in this Press Release.

The contact person for the Sponsor is:
Name: Mr Mah How Soon, Registered Professional, RHT Capital Pte. Ltd.
Address: 36 Robinson Road, #10-06, City House, Singapore 068877s
sponsor@rhtgoc.com

Jubilee Industries to unlock remaining shareholding in its Electronics Business Unit for S$21.4M

Catalist-listed Jubilee Industries Holdings Ltd has entered into a Sales and Purchase Agreement (SPA) with UPC Electronics Pte. Ltd. (the “Purchaser”) for the sale of the Company’s remaining 86% shareholdings in We Components Pte. Ltd. (WEC), the Group’s EBU (the “Proposed Disposal”).

The Proposed Disposal follows the successful completion of the Company’s sale of 14% shareholding interest in WEC (“First Disposal”) as announced on 9 March 2023. The Hong Kong incorporated Purchaser’s main business is the promotion and distribution of products and solutions of semiconductor manufacturers in the People’s Republic of China and overseas. Upon completion of the Proposed Disposal, WEC shall cease to be a subsidiary of Jubilee.

Jubilee’s Executive Chairman and Chief Executive Officer, Dato’ Terence Tea, said, “The Proposed Disposal reflects the EBU’s deep value. To the fullest extent permissible under the laws, Jubilee intends to return the sale proceeds to shareholders in an effective and cost efficient manner.”

This press release should be read in conjunction with the full text of the announcement: https://links.sgx.com/FileOpen/Jubilee%20-%20Disposal%20Announcement%20220323.ashx?App=Announcement&FileID=750647

About Jubilee Industries Holdings Ltd [JLJ:SP]

Established in 1993 and listed on SGX-Catalist since 10 July 2009, Jubilee Industries Holdings Limited (Jubilee) is a one-stop service provider with two main business segments:
1. Mechanical Business Unit (MBU), which is engaged primarily in precision plastic injection moulding (PPIM) and mould design and fabrication (MDF) services (Mechanical Segment); and
2. Electronics Business Unit (EBU), which distributes integrated electronic components.

Headquartered in Singapore, Jubilee’s production facilities span Malaysia and Indonesia. Jubilee’s products are sold to customers in the United States, the People’s Republic of China, Singapore, India, Indonesia, Malaysia, Vietnam and various European countries. For more information, please visit http://www.jihldgs.com

Issued on behalf of Jubilee Industries Holdings Limited
By Waterbrooks Consultants Pte. Ltd.

For media enquiries, please contact:
Wayne Koo
+65 9338 8166
wayne.koo@waterbrooks.com.sg

Elliot Siow
+65 8375 0417
elliot@waterbrooks.com.sg

This Press Release has been reviewed by the Company’s sponsor, Evolve Capital Advisory Private Limited (“Sponsor”), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (“SGX-ST”).

This Press Release has not been examined by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The details of the contact person for the Sponsor are:
Name :Mr Jerry Chua (Registered Professional, Evolve Capital Advisory Private Limited)
Address :138 Robinson Road, Oxley Tower, #13-02, Singapore 068906
Tel: +65 6241 6626

Casa Minerals Inc. Provides Update on the 2023 Congress Gold Mine Exploration and Drilling Program

Casa Minerals Inc. (TSXV: CASA) (OTC Pink: CASXF) (FSE: 0CM) (the “Company” or “Casa”) is pleased to announce its 2023 exploration plan for its Congress Gold Mine Project. Building on its 2022 program which verified mineral data of the Eastern part of the project, the Company explored additional parts of the historic mine and has developed plans for follow-up and confirmation drilling of the Congress Mine West Zone.

Casa Minerals Inc, plans to drill 20 drill holes with average length 250 metres (820 feet), totaling approximately 5000 metres (16,400 feet) to confirm the historic resource as reported by previous operators/owners.

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The objective is to further explore areas of potentially economic gold mineralization and long intervals of strong gold enrichment that were discovered by drilling in 2022 (reference: News Release, February 1, 2023). All work will be conducted in accordance with Arizona mining laws and regulations and will be supervised by qualified registered consulting geologists. Core samples will be processed by mineral exploration QA/QC and NI 43-101 standard procedures and analysed by ISO 9000 registered independent analytical laboratories.

The following 5 sections provide the drill hole sections and plans of historic data collected by the company subject to confirmation by 2023 drilling program.

Casa, in 2022, commenced drilling to confirm a substantial gold “resource” of 400,000 to 500,000 tons (365,000 to 455,000 tonnes) grading 0.3 opt (9.33 g/t) that were reported in 1989 by Echo Bay Mines, the most recent explorer/operator. Republic Goldfields Inc., dba Malartic Hygrade U.S. Inc., subsequently reported production of 28,500 ounces gold from 125,000 tonnes (i.e. 0.23 opt). Over the course of its history, the Congress gold mine has produced about 400,000 to 500,000 ounces of gold from underground workings and once supported a full ore processing plant, complete with a small frontier-style town. After more than 100 years of intermittent activity, the mine last operated in 1992. The above-quoted numbers cannot be verified and have not been audited by a Qualified Person, and do not conform to current NI 43-101 standards and should not be relied upon in any evaluation of the Congress Gold Mine.

Gold occurs with vein quartz and in strongly silicified granite.

Congress Mine property, located in Yavapai county, central Arizona, comprises 105.2 hectares (260 acres) of patented land and 200.2 hectares (494.8 acres) that were acquired by staking. Casa Minerals Inc. owns a 90% interest in the historic claims from 40 feet depth and beyond and an undivided 100% of the staked ground. A 1.5% Net Smelter Royalty is payable on production from the patented claims and certain surface rights to depth of 12.2 metres (40 feet) are held by a third party.

Other Properties

Casa Minerals Inc. also is preparing exploration programs for its British Columbia properties and updates will announce such as soon as they are available.

Qualified Person:
Mr. Erik Ostensoe P.Geo., a director and chief geologist of the Company, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical disclosure in this news release.

Cautionary Note: All historic data referenced in this news release were obtained from available archives and have not been confirmed or verified by the Company or a Qualified Person. There is no assurance that work by Casa Minerals will result in identification of economically-viable mineral bodies comparable in size and/or grade to those that supported historic mining operations.

About Casa Minerals Inc.

The Company is engaged in the acquisition, exploration and development of mineral properties located in Canada and the USA. Casa owns ninety percent (90%) interest in the Congress gold mine (Arizona, USA) in the patented claims from 40 feet depth and beyond and in addition the Company owns undivided 100% in 25 claims (494.48 acres) of unpatented ground adjacent to the Congress gold mine. This historic high-grade gold producing mine has not been explored nor been in production since 1992. Additionally, the Company owns a one hundred percent (100%) interest in the polymetallic Pitman and Keaper properties (BC, Canada) and has an option to acquire a seventy-five percent (75%) interest in the Arsenault VMS Property (BC, Canada).

On Behalf of Board of Directors
Farshad Shirvani, M.Sc. Geology
President and CEO

For more information, please contact:
Casa Minerals Inc.
Farshad Shirvani, President & CEO
Phone: (604) 678-9587
Email: contact@casaminerals.com
https://www.casaminerals.com

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.

Certain of the statements made and information contained herein may constitute “forward-looking information.” In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/159403

Acrometa to Expand to Thailand through MOU with Waste Management Company on Construction and Operation of Laboratory

ACROMETA Group Limited, an established specialist engineering service provider in the field of controlled environments serving mainly the healthcare, biotechnology, pharmaceutical, research and academia sectors, announced that it has entered into a Memorandum of Understanding (MOU) with a Thailand company whose principal activity is the provision of industrial waste disposal services.

The Thailand company provides non-hazardous waste disposal services. It owns and operates one of Thailand’s largest landfills and requires a laboratory in Thailand (“Laboratory”) for the testing and certification of solid waste and sludge to ensure proper treatment of any hazardous materials.

The MOU states the intention by the parties to jointly discuss and negotiate definitive agreements on:

1. The design and construction of the Laboratory by ACROMETA’s wholly-owned subsidiary Acromec Engineers Pte Ltd
2. The operation of the Laboratory by ACROMETA’s co-working laboratory space operator Life Sciences Incubator Pte Ltd (“LSI”)
3. Opportunities for ACROMETA and/or its subsidiaries to participate as a joint venture partner in the ownership of the Laboratory.

The MOU shall be valid for a period of six months from the date of signing with the option for extension by mutual agreement.

ACROMETA’s Future Economy + Synergy Strategy

On 20 February 2023, ACROMETA announced that it had entered into a binding letter of intent to purchase an additional 40% of the shares of LSI to become the controlling shareholder. On expected completion date, LSI will be a 70% owned subsidiary of ACROMETA.

ACROMETA Chairman Mr Levin Lee Keng Weng had said, “This potentially carves out a new promising mainstream business for us as controlled environment specialist.”

The co-working laboratory space business has strong growth potential as Singapore transforms its economy towards high-value sectors such as Biotech, Agritech, and Foodtech with more and more companies conducting research & development activities. Serving SMEs and start-ups and in particular those in the MedTech, Biotech, Biopharma, FoodTech, and Healthcare sectors, LSI provides flexible co-working laboratory spaces for their research and development. It also has synergy with ACROMETA’s core controlled environments design and construction business.

Chief Executive Officer Mr. Lim Say Chin had added, “Our wholly owned subsidiary Acromec Engineers, with its experience as builders of cutting-edge laboratories will continue to support LSI’s expansion with its controlled environments engineering expertise in Singapore and the region.”

On the MOU with the Thailand company, Mr. Lee said, “A future economy business such as the operation of co-working laboratory space plus its synergy with ACROMETA’s current core controlled environments design and construction has the potential to elevate the Group to a higher growth trajectory. It also opens the door for ACROMETA to scale its business, including expansion overseas.”

In its 20 February 2023 announcement, the Group also mentioned that it was in talks for the proposed development of a co-working laboratory space in Australia, with world-renowned co-working space operator who has in principle agreed, subject to binding agreement, to be one of the anchor tenants.

For a reference on ACROMETA’s controlled environments engineering business, newly-acquired co-working laboratory and its Future Economy + Synergy growth strategy please see: https://www.investor-one.com/editorial/22635-ACROMETA-Future-Economy–Synergy-Higher-Growth-Rate

Reference:
https://links.sgx.com/1.0.0/corporate-announcements/517KQ9GG6NX97RM4/339498d63b4046b7f328cb64347577597f5e686256a6a656d6b8ee4eb6d5126b
https://links.sgx.com/FileOpen/Acrometa%20-%20MOU_210323_Final.ashx?App=Announcement&FileID=750414

About ACROMETA Group Limited (SGX Stock Code: 43F)

ACROMETA (Previously known as ACROMEC Limited) is an established specialist engineering services provider with more than 25 years of experience in the field of controlled environments.

The Group has over the years acquired expertise in the design and construction of facilities requiring controlled environments such as laboratories, medical and sterile facilities and cleanrooms.

ACROMETA’s business is divided into three main business segments: (i) Engineering, procurement, and construction services, specialising in architectural, and mechanical, electrical and process works within controlled environments; (ii) Maintenance and repair services of facilities and equipment of controlled environments and their supporting infrastructure. (iii) Co-Working Laboratory business; currently operates a 6,500 sq feet co- working laboratory space at The German Centre in Singapore serving SMEs and start-ups.

The Group mainly serves the healthcare, biotechnology, pharmaceutical, research and academia, and electronics sectors. ACROMETA counts amongst its customers, hospitals and medical centres, government agencies, research and development companies or agencies, research and development units of multinational corporations, tertiary educational institutions, pharmaceutical companies, semiconductor manufacturing companies, and multinational engineering companies.

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. Jerry Tan
Chief Financial Officer
Tel: +65 6415 0574
Email: jerry.tan@acromec.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

Proud Investor Relations partner: https://www.shareinvestorholdings.com/ and https://www.waterbrooks.com.sg/

This media release has been reviewed by the Company’s sponsor, Evolve Capital Advisory Private Limited (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. Jerry Chua, 138 Robinson Road, #13-02 Oxley Tower, Singapore 068906, jerrychua@evolvecapitalasia.com.

A Reimagined Vision of The Future of Digital Banking

“Our challenges have changed but we still share similarities with ancient banking times, when we were all looking for fast-paced abilities to adapt banking delivery to our lifestyle challenges,” said Noelia Romanillos – Head of Financial Services GTM South Europe & UKI at ServiceNow – at this year’s 2nd Annual Future Banks Summit MENA which took place last week at Swissotel Al Murooj, Dubai, UAE. In a highly digitalized world, we tend to notice an ongoing trend – every aspect of society is going through a technological transformation, especially when we’re looking at banking and finance. Today, both individuals and corporations have the ability – round-the-clock – to look into their financial information, make payments and proposals, and perform a whole host of transactions with the click of a few buttons.

This month, Verve Management hosted its 2nd Annual Future Banks Summit MENA, where attendees explored the path to fintech transformation within the region, eventually making it a global leader in finance. This has much to do with the region embracing advances in technology, to steer the industry toward the direction of delivering efficient products and services to a young demographic in order to meet the expectations of the digital consumer. Concerning untapped potential, the region is well-positioned to become a sizeable territory for effective digital banking innovation, which is what key industry professionals focused on throughout the course of the two-day summit.

This heightened digitalization can, however, be a double-edged sword. Through the course of his keynote discussion on the era of digitalization, Vilmos Lorincz – Managing Director of Data Products at Lloyds Banking Group UK – provided the attendees with insight on rethinking business strategies in order to flourish within the ecosystem. “The compliance level is just the baseline; it’s really important that you protect the data of people, ethically.” He said, emphasizing the importance of data protection. The distinguished use of digitalization within the BFSI sector pushes the requirement for substantial regulations in order to eradicate any negative outcomes on both the workforce and the end consumer.

Through digitalization, the banking sector is viable to both innovation and a rise in entrepreneurship; however, some corporations are still wary about going digital due to the high level of risk involved. “Security and compliance must become part of the culture of organizations to mitigate risk truly,” said Kiran Bafna – Managing Director – APAC, India & Japan at Thomson Reuters – on his views surrounding the steps taken to enable cultural change in a truly modern technological ecosystem. “Only if technological integration is in line with an organization’s vision, true integration can take place,” he added.

Some of the corporations in continual support of the Future Banks Summit MENA this year were our Gold Sponsors – Kissflow, ServiceNow & Enfint; our Silver Sponsor – Confirmation.com; our Bronze Sponsors – eMudhra, Keyless Technologies, Creatio + Banza, & Thought Machine; our Networking Sponsor – Trejhara; and our Associate Sponsor – System Technologies.
All in all, Verve Management was honored to be in the presence of some of the most renowned thought leaders – both internationally and regionally – focused on one goal, which was to explore the MENA region’s financial landscape and the process through which it is driven by innovation and technological advancement.

Verve Management
Isha – Marketing Executive
isha@verve-management.com
Dubai, UAE

Palladium One and MetalCorp Enter into Definitive Agreement for a Business Combination

Palladium One Mining Inc. (TSXV: PDM) (FSE: 7N11) (OTCQB: NKORF) (“Palladium One” or “PDM”) and MetalCorp Limited (TSXV: MTC) (“MetalCorp” or “MTC”) are pleased to announce a definitive agreement (the “Arrangement Agreement“) for a business combination to be completed under a plan of arrangement. Palladium One has agreed pursuant to the Arrangement Agreement to acquire all of the issued and outstanding shares of MetalCorp by way of a statutory plan of arrangement under the Business Corporations Act (Ontario) (the “Transaction“). Pursuant to the Transaction, MetalCorp shareholders (“MTC Shareholders“) will receive, in exchange for each common share in the capital of MetalCorp (a “MTC Share“) held, 0.30 (the “Exchange Ratio“) of a common share in the capital of Palladium One (each whole share, a “PDM Share“). The Exchange Ratio implies a purchase price of C$0.026 per MTC Share, or gross consideration of C$3.3 million. The number of PDM shares to be issued on completion of the Transaction is approximately 38,703,051. Existing shareholders of PDM will hold approximately 88% of PDM immediately following completion of the Transaction, and the former MTC Shareholders will hold approximately 12% immediately following completion of the Transaction.

“This transaction advances our strategy of creating value by responsibly, establishing a partnership with a senior producer and growing a portfolio of critical mineral assets in Canada in support of North American critical mineral supply chains, and it also increases liquidity,” commented Derrick Weyrauch, Chief Executive Officer of PDM.

“We are pleased to be combining MetalCorp’s business with Palladium One,” commented Donald Sheldon, Chief Executive Officer of MTC. “Like MetalCorp, Palladium One has an excellent suite of properties including gold, PGEs, copper – nickel and a strong cash position. Based on the TSXV closing prices of each company on the day the agreement was signed, this transaction reflects a 28% premium for MetalCorp shareholders.”

Transaction Highlights:

PDM will maintain the earn-in agreement in favour of Barrick Gold Inc. (“Barrick”), on MetalCorp’s Hemlo East Project adjacent to Barrick’s producing Hemlo Gold Mine (>21 million ounces mined to date) and located 40 kilometers southwest of PDM’s Tyko Project.
MetalCorp’s assets include two critical mineral projects located in Ontario, a Tier 1 mining jurisdiction (Figure 1):
- North Rock Copper – Nickel Project
  - Road accessible, permitted, exploration stage.
  - A historical resource estimate.
- Big Lake BL-14 Copper – Zinc – Gold – Silver VMS-style Project
  - Road accessible, exploration stage.
MetalCorp’s assets also include a royalty portfolio of five exploration stage mineral projects located in Ontario, the principal royalty being:
- Hemlo Annex Property (Barrick):
  - 2% NSR royalty.
  - 176 hectares between Barrick’s Hemlo gold mine and the Hemlo East Project.
The business combination strengthens the proforma cash position to approximately C$13 million as of December 31, 2022.

Upon completion of the Transaction, Palladium One will benefit from the following:

Three district scale, road accessible massive sulphide, magmatic nickel – copper projects located in Tier 1 mining jurisdictions:

Tyko Nickel – Copper – Cobalt Project (30,000 hectares), Ontario Canada
- Extremely high tenor Massive Sulphides in a new untested Nickel District
CanAlask Nickel – Copper Project (3,400 hectares), Yukon Canada
- Large-scale ultramafic body with multiple high-grade nickel – copper – PGE showings.
KS Nickel – Copper – PGE Project (16,000 hectares), Finland
- Potential for extremely high tenor sulphide: ~ 3 oz per tonne precious metals, ~10% nickel and ~13% copper (based on 100% sulphide using metal tenors of the adjacent LK Project).

LK Platinum-Group-Element (PGE) – Copper – Nickel Project in Finland
- National Instrument 43-101 compliant Mineral Resource Estimate (April 2022)
North Rock Copper – Nickel Project (7,000 hectares), Ontario Canada
- Covers 20 kilometers of the Grassy Portage layered mafic intrusion and hosts four known zones of copper-nickel sulphide mineralization.
Hemlo East Earn-in agreement with Barrick Gold Inc. (“Barrick” or “ABX”)
- Hemlo East Project is adjacent to Barrick’s producing Hemlo Gold Mine (>21 million ounces mined to date)
- Located 40 kilometers southwest of the Tyko Project (see details above).
- Earn-in agreement signed in November 2020.
- On November 26, 2021, MetalCorp announced that Barrick provided a notice of Force Majeure due to permitting delays resulting in Barrick’s inability to meet the performance obligations under the earn-in agreement. Barrick is maintaining the claims in good standing.
C$4.4 million of assessment credits from MetalCorp resulting in no cash servicing requirements for at least ten years on the North Rock Cu-Ni, Big Lake Cu-Au VMS and the Black Bear Au Projects.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6502/157317_b4f6d06d940e39f9_001.jpg

Transaction Details

The Transaction will be subject to the approval of at least 66⅔% of the votes cast by MTC Shareholders, voting as a single class at a special meeting of the MTC Shareholders to be called to consider the Transaction, which is expected to be held near the end of April 2023 (the “Meeting“). In addition to the approval of the MTC Shareholders, the Transaction is also subject to the receipt of certain regulatory and court approvals, including the approvals of the TSX Venture Exchange (“TSXV“), and other closing conditions customary in transactions of this nature.

Pursuant to the Arrangement Agreement, unless otherwise excluded, all outstanding options exercisable into MTC Shares, which remain unexercised at the effective time of the Transaction, will be exchanged for options exercisable into PDM Shares at the Exchange Ratio.

Support for the Transaction

All directors and senior officers of MTC have entered into support and voting agreements with PDM, pursuant to which they have agreed to vote their MTC Shares, representing approximately 40% of the issued and outstanding MTC Shares, in favour of the Transaction. The board of directors of MTC has unanimously approved the Transaction.

Subject to certain conditions, including obtaining the requisite regulatory approvals, the Transaction is expected to close by the end of April 2023.

Further details of the Transaction are set out in the Arrangement Agreement and will be included in a management information circular of MetalCorp to be mailed in connection with the Meeting (the “Circular“). The Arrangement Agreement and Circular will be made available on SEDAR under the issuer profile of each of PDM and MTC at www.sedar.com.

This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities.

Advisors and Counsel
Bennett Jones LLP is acting as Palladium One’s legal advisor. Dickinson Wright LLP is acting as MetalCorp’s legal advisor.

Qualified Person
The technical information in this release has been reviewed and verified by Neil Pettigrew, M.Sc., P. Geo., Vice President of Exploration and a director of Palladium One and a Qualified Person as defined by National Instrument 43-101.

About Palladium One
Palladium One Mining Inc. (TSXV: PDM) is focused on discovering environmentally and socially conscious Metals for Green Transportation. A Canadian mineral exploration and development company, Palladium One is targeting district scale, platinum-group-element (PGE)-copper-nickel deposits in Canada and Finland. The Läntinen Koillismaa (LK) Project in north-central Finland, is a PGE-copper-nickel project that has existing NI43-101 Mineral Resources, while both the Tyko and Canalask high-grade nickel-copper projects are located in Ontario and the Yukon, Canada, respectively. Follow Palladium One on LinkedIn, Twitter, and at www.palladiumoneinc.com.

About MetalCorp
MetalCorp is a mineral exploration company based in Thunder Bay, Ontario, with gold and base metal projects in the Canadian Shield of Northern Ontario, Canada, one of the most prolific mineral districts in the world. To find out more about MetalCorp visit its website at www.metalcorp.ca.

For further information, for Palladium, contact:
Derrick Weyrauch, President & CEO
Email: info@palladiumoneinc.com

For further information, for MetalCorp, contact:
Donald Sheldon, CEO
Email: info@metalcorp.ca

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

This press release is not an offer or a solicitation of an offer of securities for sale in the United States of America. The common shares of Palladium One Mining Inc. have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.

Information set forth in this press release may contain forward-looking statements. Forward-looking statements are statements that relate to future, not past events. In this context, forward-looking statements often address a company’s expected future business and financial performance, and often contain words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, and “intend”, statements that an action or event “may”, “might”, “could”, “should”, or “will” be taken or occur, or other similar expressions. Forward-looking statements contained in this press release include, without limitation, statements with respect to: any information as to the future financial or operating performance of Palladium One and MetalCorp, the completion of the Transaction, the expected synergies and benefits of the Transaction, the “Transaction Highlights”, the future price of nickel, copper, gold, and cobalt, the estimation of mineral resources, costs and timing of the development of projects and new deposits, success of exploration, currency fluctuations, requirements for additional capital, government regulation of mining operations, and environmental risks. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

Such factors include, among others, risks associated with the results of shareholder and regulatory approvals for the Transaction, the integration of MetalCorp with Palladium One, the quality of the title of MetalCorp to its assets and the extent of any known, unknown or contingent liabilities of MetalCorp, the results of the exploration at the Hemlo East or North Rock Copper-Nickel Projects, the accuracy of mineral resource estimates; project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in palladium and other commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the absence of dividends; competition; dilution; the volatility of Palladium One and MetalCorp common share prices and volume; and tax consequences to Canadian and U.S. shareholders. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and neither MetalCorp nor Palladium One undertakes any obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/157317

Doubleview Provides Update on HAT Project 2021 and 2022 Drill Data

Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (“Doubleview”) is pleased to provide additional information regarding outstanding analytical information from its 2021 four drill-hole program that totalled 2,476 meters. Assay results will be released in the near future. Furthermore, analytical results from Doubleview’s 2022 drill program that comprised 8 holes with total length 3,433 metres, are being received from the laboratory and will be released as soon as they have been compiled and verified. To date, Doubleview has drilled 51 holes at the HAT deposit totalling more than 20,750 meters.

The Company’s robust quality assurance – quality control (“QA/QC”) process, which among other things, tracks the chain of custody of drill samples, after many delays, in consultation with the independent assay lab, determined that some of the 2021 samples were lost. Although the entire transfer route from the property to the lab was re-evaluated and double-checked and to ensure that the samples were not simply mislaid or misdirected, the exact cause of the loss was not identified.

When 2022 property work began, missing core intervals were re-sampled by re-sawing the remaining half-cores. The replacement samples thus were quarter cores. The Company may consider re-drilling the drill holes in question at a future date but it has been determined that is not necessary at this point.

Following this serious failure of sample custody, the Company’s QA/QC procedures were thoroughly reviewed and even further strengthened and were in effect during the 2022 drill program.

Quality Assurance & Quality Control

Hat Project drill core handling procedures were developed to ensure the integrity of data. Cores are delivered securely to a central processing facility where, after being photographed, weighed, measured and logged, they are halved by sawing with one half sent for analysis and one-half retained for future reference. Individual sample lengths vary and are based on geologic characteristics as determined by the on-site geologist. The stream of samples sent to the lab includes blank, duplicate and certified reference samples. Samples are bagged individually, weighed and placed in labelled rice bags for transfer to an ISO 17025 and ISO 9001 standards compliant analytical lab. The lab is independent of Doubleview and maintains rigorous internal monitoring procedures to ensure reliability of assay and analytical results.

Samples were analysed for gold by fire assay with atomic absorption finish 48 other elements by four acid digestion with ICP-MS finish.

Doubleview’s 2022 drill program comprised of 8 drill holes totalling 3,433 meters. Analytical results are currently arriving from the laboratory and will be released as soon as they have been compiled and verified.

Qualified Persons:

Erik Ostensoe, P. Geo., a consulting geologist and Doubleview’s Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder of the company.

About Doubleview Gold Corp

Doubleview Gold Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange (TSXV: DBG), (OTCQB: DBLVF), (WKN: A1W038), (FSE: 1D4). Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The Company’s portfolio of strategic properties provides diversification and mitigates investment risk.

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
E: corporate@doubleview.ca

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Doubleview cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Doubleview’s control. Such factors include, among other things: risks and uncertainties relating to Doubleview’s limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Doubleview undertakes no obligation to publicly update or revise forward-looking information.