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Re–Live Pia Wurtzbach’s Crowning Glory With Her Wax Figure in Madame Tussauds Singapore


SINGAPORE – Media OutReach Newswire – 25 March 2024 – Miss Universe 2015 Pia Wurtzbach is making waves in Singapore with the arrival of her wax figure at Madame Tussauds Singapore for a limited time only. The multifaceted queen, who is now also a successful actress, host, and entrepreneur, first made history in 2019 as the first Filipino wax figure to be featured in Madame Tussauds.

MTSG Pia Wurtzbach Wax Figure Launch 1

Since then, Pia has also launched her debut novel, Queen of the Universe, became a TEDx speaker on mental health, and featured Singapore on her TV program, Pia’s Postcards. The course of her career post-Miss Universe has proven to chart a brilliant incline, it’s no wonder that fans are calling for her wax figure to be featured at Madame Tussauds Singapore. Many hope to see Pia’s figure, who wears a replica of the iconic Swarovski-embellished royal blue ball gown by Michael Cinco, which she wore when she passed on the crown in 2016.

Pia herself is thrilled and grateful for the opportunity to reach more people with her wax figure, whom she fondly refers to as P2. “I’ll never forget the first time I saw my wax figure by Madame Tussauds. It was a bit shocking and thrilling at the same time, and the unveiling was the highlight of my life. I’m excited that I get to share another moment with P2 and have fun with my fans, this time in Singapore. I hope they enjoy interacting with my ‘twin’ and getting their own crowning moment.”

Her popularity is testament to how her work has inspired many —a fact acknowledged by Madame Tussauds Singapore. “Pia is an outstanding woman who has made many achievements in life,” shared Elaine Quek, Head of Sales, and Marketing at Madame Tussauds Singapore. “We know there are many Pia fans out there who would like to see the queen up close. We are happy to have her figure at our attraction and hope many would take this opportunity to not only witness the amazing likeness, but also admire the craftsmanship that had a hand in making the figure.”

MTSG Pia Wurtzbach Wax Figure Launch 2

To celebrate this moment with Pia’s fans, Madame Tussauds Singapore partnered with Klook – world leading travel and activities booking platform, Philippine Airlines, and Resorts World Sentosa – Asia’s premium lifestyle destination resort. Fans visiting Singapore can expect to enjoy a host of exciting experiences throughout their journey. Guests can also enjoy a special “Queen” promotion on Klook which includes admission to Madame Tussauds and a copy of Pia’s novel, Queen of the Universe.

Pia’s wax figure is currently available for viewing from 24th March to 1st September at Madame Tussauds Singapore, among many other strong female personalities such as Dua Lipa, Michelle Yeoh, Serena Williams, Audrey Hepburn and more. For more information on our exciting range of interactive experiences, visit madametussauds.com/Singapore.

Madame Tussauds Singapore celebrates her 10th year anniversary this year and is kicking off celebrations with a slew of exciting figure launches, activities, and promotions throughout the year. To stay updated on our upcoming launches, follow Madame Tussauds Singapore on Facebook, @mtssingapore on Instagram, @MTsSingapore on X, and @TussaudsSingapore on YouTube.

Hashtag: #MadameTussaudsSingapore




The issuer is solely responsible for the content of this announcement.

Madame Tussauds Singapore

Located at Imbiah Lookout, Sentosa, Madame Tussauds Singapore opened in October 2014, and features variety of interactive experiences under one roof; from Madame Tussauds Singapore to Images of Singapore, to “Spirit of Singapore” boat ride – the only Madame Tussauds site to have a boat ride, the Marvel Universe 4D Cinema, and lastly the Ultimate Film Star Experience! Featuring 12 incredible zones from glamourous Hollywood actors to your favorite K-pop stars, artists, musicians and sports heroes, the incredible Madame Tussauds Singapore houses over 80 wax figures. The gallery of wonder is so much more than an exciting attraction – where guests will get to experience our immersive and interactive technologies at every corner!

Madame Tussauds Singapore welcomes guests from 10am to 6pm daily (final admission at 5pm). For ticket enquiries, please call (65) 6715 4000 or visit .

About Klook

Klook is Asia’s leading platform for experiences and travel services. We curate quality experiences ranging from attractions, tours to local transport and accommodation all around the world. Founded in 2014, we are here to inspire and enable more moments of joy for travelers anytime, anywhere.

About Resorts World Sentosa

Resorts World Sentosa (RWS), Asia’s premium lifestyle destination resort, is located on Singapore’s resort island of Sentosa. Spanning 49 hectares, RWS is home to world-class attractions including Universal Studios Singapore, S.E.A. Aquarium, Dolphin Island and Adventure Cove Waterpark. Complementing the adventure and adrenaline of its theme parks and attractions are six unique luxury hotels, the premier Resorts World Convention Centre, and a casino. RWS offers award-winning dining experiences and exciting cuisines from around the world helmed by celebrity chefs, establishing itself as a key player in Singapore’s vibrant and diverse dining scene and a leading gourmet destination in Asia for epicureans. The integrated resort also offers world-class entertainment, from star-studded concerts to immersive exhibitions. RWS is the first integrated resort to be inducted into the TTG Travel Hall of Fame in 2023 after being named “Best Integrated Resort” for 10 consecutive years at the TTG Travel Awards, which recognises the best of Asia-Pacific’s travel industry.

Best Mart 360 Announces Results for the 9 Months Ended December 2023

Proposed a final dividend of HK6.0 cents per share


Highlights:

  • Revenue recorded approximately HK$1,930.8 million.
  • Gross profit recorded approximately HK$694.3 million.
  • Operating profit recorded approximately HK$213.6 million.
  • Profit attributable to owners of the Company recorded approximately HK$168.3 million.
  • As at 31 December 2023, the Group operated a total of 167 chain retail stores, including 159 retail stores in Hong Kong, 7 retail stores in Macau and 1 retail store in Mainland China.
  • Basic earnings per share was approximately HK16.8 cents. The Board recommended the payment of final dividend of HK6.0 cents per share.

Financial Highlights:

HK$’000 Nine months
ended 31 Dec 2023
Year ended
31 Mar 2023
Revenue 1,930,831 2,305,907
Gross profit 694,258 817,263
Gross profit margin 36.0% 35.4%
Operating profit 213,644 248,921
Profit attributable to owners of the Company 168,335 200,997
Basic earnings per share (HK cents) 16.8 20.1

HONG KONG SAR – Media OutReach Newswire – 24 March 2024 – Best Mart 360 Holdings Limited (“Best Mart 360” or the “Company”, together with its subsidiaries, the “Group”; stock code: 2360.HK), a leisure food retailer in Hong Kong, announced its results for the nine months ended 31 December 2023 (“the Financial Period under Review”). As the Company changes the financial year end date from 31 March to 31 December, which is different from the length of the previous reporting period, the audited comparative figures may not be fully comparable.

During the Financial Period under Review, the revenue recorded by the Group amounted to approximately HK$1,930,831,000, representing a period-on-period increase of approximately 17.3% as compared with the unaudited revenue of same nine-month period in 2022. During the Financial Period under Review, the Group recorded an approximately 3.4% growth in same store sales performance (for the year ended 31 March 2023: approximately 2.5% growth).

During the Financial Period under Review, gross profit was approximately HK$694,258,000, compared with the gross profit of approximately HK$817,263,000 for the year ended 31 March 2023. The Group’s gross profit margin for the nine months ended 31 December 2023 was approximately 36.0%, representing an increase of 0.6 percentage points compared with 35.4% for the year ended 31 March 2023.

Profit attributable to owners of the Company was approximately HK$168,335,000 (for the year ended 31 March 2023: approximately HK$200,997,000). The Group’s net profit margin was approximately 8.7% for both the nine months ended 31 December 2023 and the year ended 31 March 2023.

During the Financial Period under Review, basic earnings per share was approximately HK16.8 cents (for the year ended 31 March 2023: HK20.1 cents).

BUSINESS REVIEW

19 new retail stores & increase footprint in residential areas

As at 31 December 2023, the Group operated a total of 167 chain retail stores (31 March 2023: 154 stores), including 159 chain retail stores (31 March 2023: 145 stores) in Hong Kong, 7 chain retail stores (31 March 2023: 7 stores) in Macau and 1 chain retail store (31 March 2023: 2 stores) in Mainland China, respectively. During the Financial Period under Review, the Group opened 19 new retail stores, and closed 6 stores upon expiration of their respective lease terms in alignment with the optimisation of the Group’s store opening strategy.

Rental expense (cash basis) for retail stores was approximately HK$183,154,000 for the nine months ended 31 December 2023 (for the year ended 31 March 2023: approximately HK$220,230,000). The ratio of rental expense (cash basis) to sales revenue of retail stores for the nine months ended 31 December 2023 was approximately 9.5%, which was lower than that of approximately 9.6% for the year ended 31 March 2023.

Kept optimising product mix & enhancing the development of private label products

During the Financial Period under Review, the Group continued its global procurement policy and mission by sourcing broad spectrum of products worldwide that meet and satisfy market trend and demand. To better cater to the needs of the local community and the international travellers, the Group further strengthened the supply of basic foodstuffs such as cereals, noodles, canned food, milk, chilled and frozen food, daily necessities and basic grocery products. In addition, the Group continued to strengthen its private label sales in retail stores, including nuts and dried fruits, organic grains, wet tissues, canned food, biscuits and snacks, etc., providing consumers with more diversified choices.

For the nine months ended 31 December 2023, the Group offered a total of 3,724 stock keeping units (“SKUs”) of products (for the year ended 31 March 2023: 3,770 SKUs) from suppliers principally from overseas markets, and brand owners or importers in Hong Kong, with product origins mainly from, among others, Japan, Korea, the United States, Europe, Australia, Vietnam and Thailand, as well as other Asia-Pacific countries. The Group sourced the most popular and trendy food products from these countries or regions to offer a globally-diversified, multi-brand and multi-category selection for every customer.

As at 31 December 2023, the total amount of inventories of the Group amounted to approximately HK$276,691,000 (31 March 2023: approximately HK$244,219,000), representing an increase of approximately 13.3%. The increase in the Group’s total amount of inventories was mainly due to an increase in the number of retail stores and preparation for increased demand during the peak sales season in the coming quarter.

During the Financial Period under Review, the Group continued to actively develop private label products that on one hand allow the Group to capture advantages of pricing and exercise higher level of quality control on its products and on the other hand further uplift its brand awareness and strengthen customers’ loyalty. For the nine months ended 31 December 2023, sales derived from private label products was approximately HK$305,520,000 which accounted for approximately 15.8% of the revenue of the Group for the nine months ended 31 December 2023, as compared to approximately HK$346,352,000 for the year ended 31 March 2023, which accounted for approximately 15.0% of the revenue of the Group for the year ended 31 March 2023, representing an increase of approximately 0.8%. During the Financial Period under Review, the Group has launched an aggregate of 11 private labels, and the products for sale included nuts and dried fruits, organic grains, wet tissues, canned food, biscuits and snacks, etc.

Expanded the customer base & Launched marketing activities timely

In order to further deepen customer stickiness and expand customers’ coverage, the Group used big data analysis and reformulated its marketing strategy to launch a new three-tier membership scheme and a second-generation mobile app in 2020. The new membership scheme helps to elevate brand positioning and market recognition, and the membership rewards have been fully optimised and enhanced, with more member benefits such as multiple items purchase stamp reward, special offers for selected products and access to latest market information. Through diversified marketing strategies, the Group aims to internally strengthen the membership core from within and attract new customers through external expansion, so as to effectively and purposefully foster the ties between members and the Group, thereby driving recurring business from members and promoting sustainable growth of the Group’s business.

During the Financial Period under Review, the number of the Group’s members increased from approximately 2,059,688 as at 31 March 2023 to approximately 2,123,356 as at 31 December 2023, representing an increase of approximately 3%.

The year 2023 marked the 10th anniversary of the Group’s establishment. The Group conducted various marketing and promotional activities during the Financial Period under Review, including the “Super Best Price (超級至優價)” promotional campaign, which provided customers with a series of special offers for selected quality products to express our gratitude for our customers’ support over the years and to enhance customer loyalty. Meanwhile, the Group continued to advertise through television, newspapers, social media platforms and other media, which successfully obtained repeat customers, attracted new customers and greatly promoted the discussions about the Group in the market.

PROSPECTS

In order to enhance business operational profits, the Group will continue to review the regional distribution of its brand stores, adjust its store mix through appropriate expansion policies and appropriate leasing strategies, and look for suitable opportunities to expand the store network of its major retail brands “Best Mart 360° ” and global gourmet store “FoodVille” in Hong Kong and Macau, with a target of achieving a net increase of 15 retail stores each year to satisfy the demand of different customer segments for quality food products with the pattern of dual-brand. The “Best Mart 360° ” brand will focus on serving residential areas, and the Group will continue to optimize the geographical distribution of its stores, review the spatial layout and store expansion opportunities of its existing retail stores, enhance store sales efficiency and provide customers with a more comfortable shopping experience; while “FoodVille” targets large and medium-to-high-end shopping malls in Hong Kong as well as stores with larger area and high customer traffic and density so as to further differentiate the two brands.

The Group introduced China Merchants Hoi Tung Trading Company Limited (“CMHT”) as a substantial shareholder during the Financial Period under Review, providing substantial strategic support to the Group and synergy maximization for the sustainable growth of the Group. The Group will continue to uphold its business mission in offering products with the “Best Quality” and “Best Price” to its customers, adhere to the concept of global sourcing. Through leveraging the extensive cooperation network and resources of CMHT, the Group is committed to explore more upstream suppliers, thus endeavoring to improve its supply chain, optimise its sales categories and maintain its price competitiveness. Furthermore, the Group will proactively source a diversified range of food products worldwide as well as step up the development of its private label products, aiming not only to satisfy market demand for daily necessities but also to provide customers with a broader range of choices.

On the other hand, the Group has entered into a sales and procurement framework agreement with CMHT and will sell products to and purchase products from CMHT and its subsidiaries in FY2024. The Board believes that through CMHT’s robust network of food importers and distributors, the Group will strengthen its procurement and business-to-business (B2B) operations, and provide a more diversified range of imported products and private label products of the Group to customers and other retailers in Hong Kong, online stores and even merchants or enterprises in overseas markets, enriching the Group’s streams of revenue and expanding its potential customer base.

Mr. Hui Chi Kwan, Chief Executive Officer of the Group, said, “Along with the change in the consumption pattern of tourists after pandemic, the retail industry is still facing the unpredictable business enviornment. We will continuously optimize our products mix and retail shop distribution to align with consumer needs so as to make the peaks higher and bring greater returns for the shareholders of the Group.”

Hashtag: #BestMart360

The issuer is solely responsible for the content of this announcement.

About Best Mart 360 Holdings Limited

Best Mart 360 Holdings Limited operates chain retail stores under the brand “Best Mart 360˚”, offering wide selection of imported and pre-packaged leisure foods and other grocery products principally from overseas. It is the Group’s business objective to offer “Best Quality” and “Best Price” products to customers through continuous efforts on global procurement with a mission to provide comfortable shopping environment and pleasurable shopping experience to customers. As at 31 December 2023, the Group operated a total of 167 chain retail stores, spanning all of the 18 districts in Hong Kong and strategic locations with heavy pedestrian flow in Macau and Mainland China. Among the chain retail stores, the global gourmet brand “FoodVille” launched in September 2021 is also included, targeting the medium-to-high-end-market.

Hi Sun Technology (Hi Sun) Product Launch: Financial Technology Innovation, Empowering the Future of Banking


HONG KONG SAR – Media OutReach Newswire – 23 March 2024 – Hi Sun is one of the earliest core banking system suppliers in China with independent intellectual property rights. It has been dedicated to the construction of the banking system for more than 20 years, serving domestic and foreign banks. The Core banking system product IBS Core of Hi Sun servers for customers in more than 50 countries and regions around the world.

On March 16, 2024, Hi Sun held a product launch in Shenzhen, releasing the latest generation of innovative core banking system, IBS V9.0. The R&D of this product lasted for 5 years, with more than 100 developer involved and a total investment of over 70 million. This system complies with the characteristics of domestic and foreign banking businesses, integrates the implementation process of project delivery and application asset preservation, adopts cloud-native design and distributed technology architecture, meets the requirements of the national informatization innovation strategy, and is more in line with the actual needs of domestic banking business systems, reaching the international advanced level.

This product launch fully demonstrates the latest innovation achievements of Hi Sun Technology in the field of Fintech, and Outlines the future of bank it system construction that is more efficient, intelligent and innovative.

During the event, Frank Fong, Vice President of Hi Sun, introduced the product features of IBS V9.0:

– Product Highlights: A scenario-centered innovative banking core system suite, providing solid technical support for business innovation.

– Product Name: IBS (Innovative Banking Suite) V9.0

– Product Features:

  • Domain-based business architecture, adopting the micro-services domain modeling concept to ensure the advancement of the business architecture;
  • Model-based application architecture, adopting the best-practice model-based design concept to support future development with a flexible architecture and process;
  • Integrated technical architecture, adopting an advanced distributed architecture to ensure the efficiency, stability, and scalability of the system;
  • Standardized data architecture, unifying data standards to ensure the effective development and inheritance of the bank’s data assets;
  • Unitized deployment architecture, supporting unitized deployment, and enabling flexible deployment based on the actual business service scope and data volume;
  • Automated operation and maintenance architecture, thoroughly sorting out key indicators in the design of the application system, and combining with automated monitoring tools to achieve automated system operation and maintenance management.

-Technological Innovation: Introducing micro-services architecture and cloud-native design to enhance the flexibility and maintainability of the system.

-Application Scenarios: Suitable for various banking business scenarios, meeting the changing business needs and supporting business innovation.

-Problem-solving: Solve the problems faced by traditional banking systems, such as data processing bottlenecks and slow business responses, and significantly improve the efficiency of bank business processing and customer experience.

IBS V9.0, Hi Sun’s latest core banking product, has accumulated the previous four generations of products and hundreds of bank core implementation and delivery experience. It adopts the best practices of DDD domain driven design and domain modeling methods, decoupling the bank’s core business modules, and a new generation of distributed core business system based on cloud native architecture and micro-service design.

Hi Sun Technology(Hi Sun) Product Launch: Financial Technology Innovation, Empowering the Future of Banking
Hi Sun Technology(Hi Sun) Product Launch: Financial Technology Innovation, Empowering the Future of Banking

Based on years of experience in the construction of bank core systems, in accordance with the requirements of banks for the security, stability and reliability of information systems, Hi Sun has carried out strict functional testing, performance testing and stability testing after completing the adaptation with various products, and the test results have been unanimously recognized by all manufacturers and meet the security requirements of financial regulators.

Currently, the IBS V9.0 system has reached strategic partnerships with many ecological partners. At the infrastructure layer, it has completed technology adaptation and related certification work with domestic mainstream manufacturers, including Alibaba, Huawei, Tencent, ZTE, and others, which has shown superior technical performance pointer data, and also reflects the good compatibility of various partners in the system architecture.

In addition to core banking products, Hi Sun’s innovative products in other Fintech fields were also introduced at the event, including nine cloud migration technologies for core banking system, Smart Payment Platform, AI Application Scenarios in Fintech, and Web 3.0 solutions.

– Nine cloud migration technologies for core banking system: Core bank system supporting tools to help the core banking system to achieve a non-inductive cloud, to ensure the inheritance of banking assets.

– Smart Payment Platform: An enterprise-level payment platform providing the capability to uniformly interface with various external payment channels, such as SWIFT/CHATS/FPS, supporting various message formats including MT messages and automatic conversion of ISO20022 XML messages. Supporting multiple currencies such as RMB, USD, HKD, providing cross-border payment capabilities.

– AI Applications: Mainly integrating major model factories to assist banks in quickly building application scenarios such as regulatory policies and intelligent business training etc.

– Web 3.0: Joining the Hong Kong Web3.0 Institute as the leader of the security compliance group, jointly publishing the “Security Compliance White Paper on Web 3.0,” and launching solutions such as VASM, digital wallets, and smart contracts.

Hashtag: #HiSun

The issuer is solely responsible for the content of this announcement.

Company Profile

Hi Sun Technology was established in 2000, and is committed to Fintech service of customers in the banking, insurance, and non-bank financial fields with products and solutions customized to meet their development requirements. With the in-depth promotion of the national information innovation strategy and the rapid development of Internet technology, The Fintech industry is constantly evolving. As a leading Fintech service provider, Hi Sun always adheres to the independent and controllable product development roadmap, and with a commitment to providing customers with more and higher quality services as its mission. It aims to help customers achieve high-quality digital transformation, and creates high-quality projects as the principle,and strives to better improve the organizational agility, enterprise data capabilities, digital risk control capabilities, and achieve the full digitalization of the acquisition, products, marketing, risk control and other capabilities.

Unveiling the Next Wealth Creation Opportunity in the Bull Market: AlphaX Airdrop – The Key to Fortunes

SYDNEY, AUSTRALIA – Media OutReach Newswire – 23 March 2024 – In the midst of the ongoing bull market surge, investors worldwide are actively seeking the next lucrative opportunity to capitalize on. Enter AlphaX.com, an innovative force in the realm of digital asset trading, poised to unlock unprecedented potential for global users through its revolutionary airdrop event.
AlphaX Exchange
AlphaX Exchange emerges as a formidable presence in the cryptocurrency trading landscape, seamlessly combining excellence with untapped potential. Bolstered by a founding team comprising seasoned blockchain professionals and pioneers in fintech, AlphaX is dedicated to delivering a secure, transparent, and efficient digital asset trading platform to users worldwide, thus opening doors to expanded investment horizons.
AlphaX Research Institute
At the core of AlphaX lies its Research Institute, a team of elite researchers drawn from top financial institutions such as J.P. Morgan and Standard Chartered. Boasting over a decade of experience in both finance and the crypto industry, the research team specializes in identifying market-defining cryptocurrency pairs, striving to unearth potential gems before the broader market, thereby presenting abundant value-adding opportunities for investors through airdrops.
Why Participate in the AlphaX Airdrop
  • Airdropping Potential Gems: Similar to renowned tokens like SOL, SLERF, BOME, PEPE, BONK, WIF, SHIB, and DOGE, AlphaX’s airdrop offers the chance to acquire tokens with significant growth potential.
  • Streamlined Trading Experience: With a user interface design unparalleled in strength, AlphaX provides the simplest digital currency trading experience.
  • CoinMarketCap Certified Exchange: Holding an Australian license, AlphaX ensures compliance and security.
  • Official Partnership with F2 Driver Enzo Fittipaldi: Backed by robust economic strength, AlphaX is the official partner of F2 driver Enzo Fittipaldi.
  • 100% Proof of Reserves: AlphaX guarantees the safety of user assets.
  • No Mandatory KYC: Enjoy hassle-free participation without mandatory KYC requirements.
How to Participate in the Airdrop:
  1. Get Whitelisted: Visit [AlphaX Airdrop] to secure your whitelist qualification.
  2. Complete Registration: Register on the platform.
  3. Deposit Funds: Fund your account.
  4. Engage in Platform Trading: Start trading on the platform to participate in the airdrop.

Hashtag: #airdrop #alphax #crypto #slerf #bome #pepe #bonk #wif #doge #sol





The issuer is solely responsible for the content of this announcement.

AlphaX Cryptocurrency Exchange

Exchange is a pioneering cryptocurrency trading platform dedicated to discovering and promoting value-driven cryptocurrencies. With a strong foundation built by industry veterans and a commitment to user security and satisfaction, AlphaX is your gateway to the future of investment. Join us as we continue to explore the frontier of the crypto market, one successful airdrop at a time.

Hong Kong PropTech Association 41 Awards Unveiled at the PropTech Excellence Awards 2024, Paving the Way for Smart Cities


HONG KONG SAR – Media OutReach Newswire – 22 March 2024 – The inaugural “PropTech Excellence Awards” jointly organized by the Hong Kong PropTech Association (HKPTA) and Hong Kong Cyberport Management Company Limited was successfully held on 21 March 2024 at Cyberport. Distinguished attendees included Ms Winnie HO Wing Yin, JP, the Secretary for Housing of the Hong Kong Special Administrative Region Government and Ms. Lillian CHEONG Man Lei, JP, Under Secretary for Innovation, Technology and Industry of the Hong Kong Special Administrative Region Government, who served as guest of honor and keynote speaker respectively. Nearly 250 leaders and elites from the real estate technology industry participated in the event, celebrating with the award winners.

The “PropTech Excellence Awards” shines a spotlight on the impact of organizations, individuals, and startups in the field of real estate technology, showcasing how technology can be used to improve citizens’ lives, business operations, and sustainable development. The awards cover a diverse range of categories, including design and construction, safety, ESG, property management, sales, and marketing. This edition received over 80 applications, resulting in the selection of 41 awards. The “PropTech Solution of the Year” and “PropTech Startup Solution of the Year,” were respectively awarded to the Hong Yip Service Company Limited and the Ergatian Limited. The “PropTech Leader of the Year” was awarded to Dr. Ir. Conrad Wong, Vice Chairman of Yau Lee Holdings Limited.

Ms. Vivian CHAN, Founding President of HKPTA stated, ” This award celebrates the contributions of companies and individuals in the field of real estate technology, shining a spotlight on them to drive industry development. The awards have received support from government departments and major corporations, and many participants have presented impressive applications. We can truly feel their passion for PropTech and dedication to advancing this field. The achievements of the awardees not only demonstrate their talents and efforts but also showcase the strength and potential of Hong Kong’s real estate technology sector. Today marks not only the award ceremony for the PropTech Excellence Awards but also the third anniversary of the establishment of the Hong Kong PropTech Association. I aspire to continue promoting exchanges between Hong Kong and foreign countries, enabling local real estate technology to thrive, and working together to build an intelligent and sustainable city. ”

Guest of Honour Ms. Winnie HO Wing Yin, JP, Secretary for Housing of the HKSARG, shared in her speech, “PropTech encompasses various aspects, and property management is just a part of it. It is believed that there is great potential for PropTech in Hong Kong, the Greater Bay Area, Southeast Asia, and countries along the Belt and Road. In fact, the Housing Authority has already taken steps in this direction. The 2023 Policy Address mentioned that 10 housing estates would be selected as pilot sites to implement different new technologies and promote smart estate management. If outcomes are satisfactory, this initiative could be extended to a significant number of other housing estates. Ladies and gentlemen, please take note of the potential and business opportunities offered by the Housing Authority. I encourage everyone to continue exploring the realm of PropTech and contribute to creating another business opportunity for Hong Kong, leveraging its innovation and technology potential.”

Ms. Lillian CHEONG Man Lei, JP, Under Secretary for Innovation, Technology and Industry of the HKSARG, said “I believe Hong Kong has the potential to take on a leading role in the field of technology in the Asia-Pacific region. Despite its relatively small size, Hong Kong is a highly developed and densely populated city. If new technologies can be applied here, it will serve as a great demonstration and standardization platform. In the downstream industries of real estate technology, there is a strong need for a platform that connects everyone and showcases technologies, including IoT and generates more innovative ideas. Together, we can drive industry development, harness the advantages of real estate technology, ultimately creating it as one of the new industries. I believe this goal is within our reach.”

The HKPTA believes that the competition will provide participants with invaluable experiences, encouraging dialogues among industry professionals and expediting the progression towards smart and sustainably growing cities in Hong Kong.

Please click here to download the photos:

Photo 1

Ms. Vivian CHAN, Founding President of HKPTA, delivered the welcome speech.

Photo 2

Ms. Winnie HO Wing Yin, JP, Secretary for Housing of the HKSARG, extended her congratulations to all the award winners.

Photo 3

Ms. Lillian CHEONG Man Lei, JP, Under Secretary for Innovation, Technology and Industry of the HKSARG, acknowledged the contributions of the award winners.

Photo 4

Group Photo of Jury and the Guests(from left to right):Ir Sammy YEUNG Sau-Kuen, Assistant Director of Electrical and Mechanical Services Department, Dr. Winnie TANG, MH, JP, Founder and Chairman of Esri China (Hong Kong) Limited, Ir Eric CHAN Sze-Yuen, Chief Public Mission Officer of Hong Kong Cyberport Management Company Limited, Ms. Winnie HO Wing Yin, JP, Secretary for Housing of the HKSARG, Ms. Vivian CHAN, founding president of HKPTA, Ms. Lillian CHEONG Man Lei, JP, Under Secretary for Innovation, Technology and Industry of the HKSARG, Mr. HO Chun Hung, JP, Deputy Director of Buildings. Buildings Department, Ar Prof Ada FUNG, BBS, Chairperson of Hong Kong Chapter of buildingSMART International, and Prof Jack CHENG Chin-Pang, Associate Head and Professor of Department of Civil and Environmental Engineering, The Hong Kong University of Science and Technology.

Photo 5

“PropTech Solution of the Year” and was awarded to Hong Yip Service Company Limited.

Photo 6

“PropTech Startup Solution of the Year” was awarded to Ergatian Limited.

Photo 7

Dr. Ir. Conrad Wong, Vice Chairman of Yau Lee Holdings Limited, was honored to be awarded the “PropTech Leader of the Year.”

PropTech Solution of the Year – Design and Construction
SOCAM Development Limited Diamond (Corporate)
Hilti (Hong Kong) Ltd. Gold (Corporate)
Mattex Asia Development Limited Gold (Corporate)
Ambit Geospatial Solution Limited Silver (Corporate)
Filix Medtech Limited Finalist (Startup)
PropTech Solution of the YearSafety
Electrical and Mechanical Services Department Diamond (Corporate)
SOCAM Development Limited Gold (Corporate)
Ambit Geospatial Solution Limited Silver (Corporate)
Triple Faith Engineering & Supply Limited Silver (Corporate)
Ergatian Limited Diamond (Startup)
Team Concepts Limited Gold (Startup)
AT-Vibe Technology Limited Silver (Startup)
York Joint Design and Construction Co. Ltd. Finalist (Startup)
PropTech Solution of the YearESG in PropTech
Hong Yip Service Company Limited Diamond (Corporate)
Arup Gold (Corporate)
Aurabeat Technology Limited Silver (Corporate)
City Facilities Management (HKG) Limited Silver (Corporate)
Keysen Property Management Services Limited Silver (Corporate)
Carnot Innovations Limited Gold (Startup)
Neuron Operations Limited Gold (Startup)
Full Nature Farms (Hong Kong) Ltd Silver (Startup)
Spare-it Limited. Silver (Startup)
PropTech Solution of the YearProperty Management
Hong Yip Service Company Limited Diamond (Corporate)
Kai Shing Management Services Limited Diamond (Corporate)
Kerry Property Management Services Limited Gold (Corporate)
Propman Technology Limited Diamond (Startup)
Alpha AI Technology Gold (Startup)
PropTech Solution of the YearSales and Marketing
Midland Realty Gold (Corporate)
PropTech Solution of the YearTenant Engagement
Metersquare Limited Finalist (Startup)
PropTech Integration Company of the Year
Electrical and Mechanical Services Department Diamond (Corporate)
Gammon Construction Limited Diamond (Corporate)
Hong Yip Service Company Limited Gold (Corporate)
Jones Lang LaSalle Limited Gold (Corporate)
Jones Lang LaSalle Management Services Ltd. Gold (Corporate)
NTT Com Asia Silver (Corporate)
York Joint Design and Construction Co. Ltd. Silver (Startup)
PropTech Emerging Talent Award
Aura Labs Limited Diamond
Butler Gold
Ir JIANG Hao Silver
The Best PropTech Solution of the Year
Hong Yip Service Company Limited
The Best PropTech Startup Solution of the Year
Ergatian Limited
PropTech Leader of the Year
Dr Ir Conrad Wong, Vice Chairman of Yau Lee Holdings Limited

About PropTech Excellence Awards 2024 https://hkproptechawards.org/

Hashtag: #HongKongPropTechAssociation

The issuer is solely responsible for the content of this announcement.

About HKPTA

The Hong Kong PropTech Association (HKPTA) is an independent organisation representing Hong Kong’s PropTech community. The Association aims to build a collaborative ecosystem of real estate technology stakeholders from property developers and technology companies to investors and startups by creating awareness, employment, education, advocacy, and investment opportunities around PropTech. We are dedicated to fostering communication, innovation driving agenda within the property industry, and encouraging technology-enabled solutions to improve our lives, businesses, cities, and environment.

IGC Completed Acquisition of Deep Neural Computing, To Promote Trading Technology’s R&D and Service Scope’s Transformation


HONG KONG SAR – Media OutReach Newswire – 22 March 2024 – International Genius Company (“IGC” or the “Company”, together with its subsidiaries, the “Group”, stock code: 0033.HK) is pleased to announce that, in relation to the acquisition of the entire issued share capital of Deep Neural Computing Company Limited (“Deep Neural Computing”), all conditions precedent under the Sale and Purchase Agreement were satisfied and the Completion took place on 22 March 2024. Accordingly, 21,000,000 Consideration Shares have been allotted and issued to the Vendor on 22 March 2024. Upon completion, Deep Neural Computing become a wholly-owned subsidiary of the Company.

Subject to (i) the Profit Guarantee or the Early Release Arrangement, and the Management Lock-up Period being fulfilled; and (ii) the allotment and issuance of the remaining Consideration Shares not resulting in the Company failing to meet the minimum public float requirement under the Listing Rules, a maximum of 84,000,000 Consideration Shares will be allotted and issued to the Vendor pursuant to the Sale and Purchase Agreement.

About Deep Neural Computing

Deep Neural Computing is a leading service and application organization specialised in deep neural network, artificial intelligence, distributed computing, and quantitative trading algorithms. It is an approved manager in the BVI, which allows it to act as manager or advisor to investment funds in the BVI. It offers a wide range of services to investment funds, including providing technical support through cutting-edge technology, distributed neural network algorithms, and robust risk control modules.

Consideration

Subject to the possible adjustment to the Consideration as set out in the “Profit Guarantee”, the Consideration of HK$620,520,000 shall be satisfied by (i) cash in the sum of HK$30,000,000 upon Completion; and (ii) the Company to allot and issue 105,000,000 Consideration Shares at the Issue Price of HK$5.624 per Consideration Share to the Vendor (or his nominee(s)) upon Completion.

Profit Guarantee

The Vendor guarantees to the Purchaser that the aggregate actual profit before tax generated by the Deep Neural Computing (the “Actual Profit”) for the three years ending 31 December 2026 shall not be less than HK$270,000,000 in aggregate (the “Profit Guarantee”). In the event the Actual Profit falls below the guaranteed net profit pursuant to the Profit Guarantee, the number of PG-linked Consideration Shares to be released by the Escrow Agent to the Vendor shall be reduced based on the agreed formula.

Benefits

The Group has made progress in seeking breakthroughs in utilising algorithmic trading and artificial intelligence trading technology to asset management and other related financial services business. Leveraging on algorithmic trading and artificial intelligence trading technology of the Company, and the artificial intelligence, distributed computing and quantitative trading algorithms possessed by the Deep Neural Computing, the Group considers the Acquisition may supplement the Company’s securities brokerage and asset management business to provide a comprehensive range of asset management and other related financial service to its customers.

In addition, the Group believes that the acquisition may further improve the income stream and profitability for the Company.

Hashtag: #InternationalGeniusCompany #IGC

The issuer is solely responsible for the content of this announcement.

About International Genius Company

International Genius Company is an artificial intelligence-based financial institution seeking breakthroughs in utilising algorithmic trading and artificial intelligence trading technology to its asset management and other related financial services business. The Group offers services including party product trading, financial services, advancing business, and commodities trading. The Group is committed to being a top-tier financial institution, project investor and asset manager.

Kaisa Prosperity 2023 Revenue from Property Management Services and Community Value-Added Services Up 7.2% and 13.2% y-o-y Management Scale Reached a New Level

Total GFA under Management Up 8.2% to 102.3 million square meters


HONG KONG SAR – Media OutReach Newswire – 22 March 2024 – Kaisa Prosperity Holdings Limited (the “Kaisa Prosperity” or the “Company”, together with its subsidiaries, the “Group”; SEHK stock code: 2168) announced the audited annual results of the Group for the year ended 31 December 2023 (the “Reporting Period”).

As one of the leading urban comprehensive service providers in China, Kaisa Prosperity actively responded to the changes in the market environment, and adhered to the principle of “striving for progress while maintaining stability, giving priority to efficiency”, deepened its service, cultivated its business and conducted in-depth operations, and maintained a good momentum of steady and high-quality development through the dual wheel drive of “Organic growth + Independent expansion”. The Group’s management scale has reached a new level, which had its GFA under management increased 8.2% to 102.3 million square meters and the number of projects under management has increased from 673 to 720, establishing presence in 74 cities in 19 provinces.

For the year ended 31 December 2023, the Group’s revenue grew to approximately RMB1,794.3 million, of which revenue from property management services increased by 7.2% year-on-year to approximately RMB1,338.1 million.

Gross profit for the year ended 31 December 2023 increased by approximately 2.2% to approximately RMB481.3 million from approximately RMB471.1 million for the year ended 31 December 2022.

Cash and cash equivalents increased by approximately 16% from RMB247.3 million to RMB286.8 million, representing a significant improvement in the Company’s operating cash flow. Consolidated gross profit margin improved from 26.4% to 26.8%.

Independent Third-Party Property Business Sustained Strong Growth Momentum

During the Reporting Period, the Group continued to focus on the “Whole portfolio and Whole cycle” (全業態、全周期) high-quality service scenarios, and vertically conducted in-depth research on the scope of its services and horizontally extended their boundaries, continuous enrichment of the property sector. During the period, revenue from property management services continued to increase, mainly attributable to the increase in the total GFA under management resulting from the business expansion through organic growth and independent third-party market development.

The Group further increased the proportion of cooperation on properties developed by independent third-party property developers. During the Reporting Period, the Group managed approximately 60.4 million sq.m. of GFA of properties developed by independent third-party property developers, representing an increase of approximately 3.6% from approximately 58.3 million sq.m. as of 31 December 2022. In addition, the revenue of projects for properties developed by independent-third party developers increased by 16.1% to approximately RMB810.1 million.

The proportion of related parties transaction decreased from 19% to 15%, further reducing the Company’s reliance on related parties and increasing prominence of operational independence.

Construction of 15-minute Convenient Urban Living Circle and Creation of a Second Growth Curve

While foundational services are the fundamentals of property management enterprises, value added services shall be increments of property management enterprises. By expanding and deepening value-added services, creating a “second growth curve” became an inevitable choice for property management enterprises. During the Reporting Period, the Group provides diversified products and services to owners and residents through K Series Living to meet their ever-changing daily needs. Kaisa Prosperity’s Neighborhood Living Circle combines “K Series Living Mall” (小K生活商城) (online) and K Series Living Exhibition Hall (offline) to build a comprehensive, one-stop and high-quality community value-added service ecosystem. For the period ended 31 December 2023, the Group’s revenue generated from community value-added services amounted to approximately RMB176.1 million, representing an increase of 13.2%. In the future, K Series Living Exhibition Hall will continue to be expanding quickly to the communities under the management of Kaisa Prosperity across the country. The Neighborhood Living Circle will gradually promote the improvement and popularization of the neighborhood platform, and contribute to serving the people’s basic livelihood, promoting consumption upgrading, and smoothing the community economic microcirculation.

Smart Solution Business Continues to Upgrade Products and Expand Product Portfolio

Shenzhen Jiake Intelligent Technology Co. Ltd.* (“Jiake Intelligent”) (深圳市佳科智能科技有限公司), a smart solution service provider under the Group continued to develop the intelligent third-party market, and has been included in the qualified supplier database by 389 developers.

In May 2023, Jiake Intelligent was recognized as a national “Specialised and Sophisticated Enterprise”. In November 2023, Jiake Intelligent once again successfully passed the reexamination of “National High-tech Enterprise” after strict evaluation, which demonstrated the recognition of Jiake Intelligent’s innovative ability in science and technology, and was of great significance to enhancing the brand image of Jiake Intelligent.

Jiake Intelligent has further upgraded and expanded its products. The unmanned car park system and its related products helped to achieve cost reduction and efficiency enhancement in property management. Its self-developed high-altitude parabolic intelligent monitoring system has been widely installed in various projects and successfully reduced high throw incidents happened during the operation of these projects, which greatly reduced the human and material resources input for supervision. The intelligent door lock products were further developed and upgraded from their original versions with more diversified functions, and the safety coefficient of the products was greatly enhanced. Using advanced technologies such as cloud computing, Internet of Things, big data and artificial intelligence as well as unattended equipment, it will build a private cloud server for cloud parking and undertake parking lot renovation business, so as to build a smart cloud parking brand of Jiake Intelligent.

Quality Service and Strong Brand Recongnized by the Industry

Through unremitting efforts, the Group was awarded 2023 Top 100 Property Management Companies in China, 2023 China Leading Property Management Companies in terms of Characteristic Services, 2023 China Excellent Property Management Companies in Terms of ESG Development, 2023 China Five-star Property Service Project, 2023 Top 20 Listed Company of Property Management Service, 2023 Top 100 Property Service Companies in China, 2023 Leading Company of China in Property Service Satisfaction, 2023 Leading Companies of China in City Service, 2023 Top 10 Public Property Service Companies in China, 2023 Top 20 City Service Companies in China, 2023 China Property Management Enterprise High-quality Service System – Prosperity FUN, 2023 Excellent Projects of China Property Management – Shenzhen Zhongyang Plaza, 2023 China Top 100 Property Service Enterprises in Brand Value, 2023 Top 30 Property Service South China Brand Enterprises, 2023 Top 100 Property Service Companies in the Guangdong-Hong Kong-Macao Greater Bay Area and 2023 Leading Enterprise in the Property Management Market in the Guangdong-Hong Kong-Macao Greater Bay Area.

Mr. Liao Chuanqiang, Chairman of Kaisa Prosperity, said, “As an industry that derives from the real estate development business, the property management industry has the exclusive characteristics of “Rigid demand + Long cycle” and is also the most frequent contact point for customers. Property management almost penetrates into the entire aftersales market of the real estate industry which is of great development potential. Kaisa Prosperity will continuously take quality services and quality expansion as the anchor to promote the orderly, quality and steady expansion of its management scale, continuously extend and broaden the value-added service chain to create a second growth curve. We will continue to consolidate our fundamentals and sharpen our increments, seize the opportunities and face the difficulties, and spare no effort. Leveraging on the policy of “Swapping Old for New Action Plan” (以舊換新行動方案) of the state, we will launch community rejuvenation activities, actively conduct trial operation of community elderly care business, and promote the elderly-friendly and intelligent transformation of homes to meet the diversified consumption needs of homeowners, so as to achieve all-round and high-quality development with continuous efforts.”

Hashtag: #kaisaproperty

The issuer is solely responsible for the content of this announcement.

About Kaisa Prosperity

Headquartered in Shenzhen, Kaisa Prosperity Holdings Limited was established in 1999. The Company was listed on the mainboard of the Stock Exchange of Hong Kong on 6 December 2018 with stock code: 2168.HK. As one of the leading comprehensive city operation service providers in China, Kaisa Prosperity ‘s businesses cover major economic regions including Greater Bay Area, Yangtze River Delta, Bohai Economic Rim.

As of 31 December 2023, the Group has entered into 19 provinces and 74 cities in China, with a total GFA under management reaching 102.3 million sq.m, serving mid- to high-end properties including commercial properties, office buildings, arenas and stadiums, government buildings, public facilities and industries. The Company is principally engaged in 4 business areas, such as property management service, pre-delivery and consulting service, community value-added service and smart solution services.

Founders Metals Intersects 38.0 Metres of 10.90 g/t Gold at Froyo

Vancouver, British Columbia – Newsfile Corp. – March 22, 2024 – Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) (“Founders” or the “Company”) announces drill core assay results from its fully-funded 2024 drill program at the Antino Gold Project in southeastern Suriname. The Company reports 38.0 metres of 10.90 grams per tonne (g/t) gold (Au) from its furthest northwest Froyo drillhole to date, 24GG04. The interval contains the previously released gold vein photos (March 4th release; Figure 2 below) and is one of Antino’s best gold intercepts at over 410 gram-metres per tonne (gm/t). Due to the abundance of coarse gold, samples have been resubmitted for metallic screening.

Highlights

  • Hole 24GG04 intercepts 38.0 m of 10.90 g/t Au from 149.0 m down hole, with metallic screening results pending (Table 1, Figures 1&2)
  • Results are from Founders’ furthest northwest drilling at the Froyo Gold Zone
  • Gold mineralization remains open toward high-grade historical auger sampling results (Figure 1)

* Intervals are reported at a cut-off grade of 0.3 g/t Au using 5 metres minimum length and 5 metres maximum internal dilution.


Figure 1: Upper Antino plan map centred on the Froyo Gold Zone. Cross-section line A-A’ corresponds to Figure 2.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7574/202777_589341ce54ea8885_001full.jpg

Colin Padget, Founders CEO commented, “Today’s results are some of the best we’ve seen at Antino, and are yet another example of the exceedingly high-grade, near surface gold mineralization at Froyo. Additionally, we have submitted samples for metallic screening to determine gold concentrations using a much larger sample volume. This method can capture coarser gold than fire assay. We expect the result soon.

We are also pleased to report that our primary assay lab in Paramaribo has renewed its commitment of two-to-three-week turnaround times on assays. Though assays have often come back much faster, we recognize that with additional drilling, more surface sampling, targeted multi-element geochemistry, and metallic screening of select drill core, we can more reasonably expect two-to-three-week timelines.”

Figure 2: A-A’ Cross-section through latest Froyo Gold Zone drill results.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7574/202777_589341ce54ea8885_002full.jpg

Table 1: Drilling Results and Highlights. Results shown for ADH071 are historical.

Hole ID From
(m)
To(m) Core Length* (m) Au (g/t)
24GG03 128.00 137.00 9.00 1.58
24GG04 134.00 139.00 5.00 1.8
and 149.00 187.00 38.00 10.9
ADH071 53.50 55.00 1.50 25.01
and 63.50 75.50 12.00 4.99

*Intervals are core length and estimated to represent 85% or more of true width based on current drill data

Figure 3: (left) gold vein in drill core from hole 24GG04. (right) Drill core from hole 24GG04 showing typical textures within mineralized zones at Froyo. Core locally contains up to 35% pyrrhotite and pyrite within a zone of high-intesity shearing.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7574/202777_founders_figure3.png

Figure 4: Antino Gold Project property map.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7574/202777_589341ce54ea8885_005full.jpg

About Founders Metals Inc.

Founders Metals is a Canadian exploration company with properties in North and South America. The Company focuses on acquiring and advancing gold projects in the Guiana Shield. Its flagship asset is the 20,000 ha Antino Gold Project in Suriname, where artisanal surface/alluvial mining has produced over 500,000 gold ounces to date1. Using its diamond drilling equipment, the Company drilled over 10,000 m in 2023 and is fully financed for up to 30,000 m in 2024.

1 2022 Technical Report – Antino Project; Suriname, South America. K. Raffle, BSc, P. Geo & Rock Lefrançois, BSc, P.Geo.

Quality Assurance and Control

Results from samples were analyzed at FILAB Suriname, a Bureau Veritas Certified Laboratory in Paramaribo, Suriname (a commercial certified laboratory under ISO 9001:2015). Samples are crushed to 75% passing 2.35 mm screen, riffle split (700 g) and pulverized to 85% passing 88 µm. Samples were analyzed using a 50 g fire assay (50 g aliquot) with an Atomic Absorption (AA) finish. For samples that return assay values over 10.0 grams per tonne (g/t), another cut was taken from the original pulp and fire assayed with a gravimetric finish. Founders Metals inserts blanks and certified reference standards in the sample sequence for quality control. External QA-QC checks are performed at ALS Global Laboratories (Geochemistry Division) in Vancouver, Canada (an ISO/IEC 17025:2017 accredited facility). A secure chain of custody is maintained in transporting and storing of all samples. Drill intervals with visible gold are assayed using metallic screening. Rock chip samples from outcrop/bedrock are selective by nature and may not be representative of the mineralization hosted on the project.

Qualified Persons
The technical content of this news release has been reviewed and approved by Michael Dufresne, M.Sc., P.Geol., P.Geo., a qualified person as defined by National Instrument 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS,
Per:Colin Padget

Colin Padget
President, Chief Executive Officer, and Director

Founders Metals Contact Information
Dave Burwell, Manager, Investor Relations
Tel: 403 410 7907 | daveb@fdrmetals.com

Nick Stajduhar, Director
Tel: 780 701 3216 | nicks@fdrmetals.com

Cautionary Statement Regarding Forward-Looking Information

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the use of proceeds from the Company’s recently completed financings and the future or prospects of the Company. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect “, “is expected “, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market, and economic risks, uncertainties, and contingencies that may cause actual results, performance, or achievements to be materially different from those expressed or implied by forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, other factors may cause results not to be as anticipated, estimated, or intended. There can be no assurance that such information 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 information. Other factors which could materially affect such forward-looking information are described in the risk factors in the Company’s most recent annual management discussion and analysis. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

All material information on Founders Metals can be found at www.sedarplus.ca.

The issuer is solely responsible for the content of this announcement.