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Singapore Boosts Semiconductor Sector with $2 Billion Factory by Silicon Box

  • Silicon Box has launched the world’s most advanced semiconductor factory in Singapore, positioning the country as a global leader in high-performance technology
  • The USD 2 billion cutting-edge semiconductor factory is expected to generate over 1000 jobs with upskilling programs to significantly boost the nation’s GDP with the support of the Singapore Economic Development Board (EDB)
  • ESG-conscious, this innovative approach betters current technology by reducing package sizes, improving electrical performance by over 50%, and lowering power consumption by more than 40%

SINGAPORE – Media OutReach – 20 July 2023 – Silicon Box, a Singapore-based cutting-edge semiconductor integration startup, launched its USD 2 billion advanced semiconductor manufacturing foundry to revolutionise the chip manufacturing sector, develop local capabilities, and boost Singapore’s position as a global hub for semiconductor manufacturing. Supported by the Singapore Economic Development Board (EDB), Silicon Box is also looking to upskill and employ up to 1,200 highly skilled people with computer science, engineering, and design backgrounds.

The 73,000 sqm Tampines factory launched today with EDB Chairman, Mr. Png Choon Boon, attending as guest of honor. Mr Png Cheong Boon and the three Silicon Box co-founders Dr. Han Byung Joon, CEO, Dr. Sehat Sutradja, Chairman of the board and Weili Dai.

“This new facility is well poised to solve the unique challenges for chiplet adoption, which is critical to meet market demands of emerging technologies. Our proprietary interconnection technology will not only shorten the design cycle of chips but also lower new device costs, reduce power consumption and enable faster time-to-market for industry partners like artificial intelligence, data centres, and electronic vehicles” explains Dr. Han CEO, Silicon Box

In line with Singapore’s goal to expand its manufacturing sector by 50% by 2030, this will further strengthen its appeal as a preferred destination for AI and semiconductor companies seeking to diversify their manufacturing supply chains amid growing geopolitical tensions. By embracing this new technology, Singapore aims to solidify its position as a global leader in high-performance technology and enhance its attractiveness to industry players.

The establishment of this factory is poised to have a significant impact on Singapore’s semiconductor sector. It is expected to boost the industry’s growth and elevate the country’s standing as a formidable player in the global market. This development will contribute to the nation’s economic expansion and support Singapore’s long-term vision of expanding its manufacturing base.

Developing local talent to be ready for next- gen manufacturing

With the support of the Singapore Economic Development Board (EDB), the factory will create over 1000 technologically advanced jobs while providing upskilling opportunities. This venture focuses on human capital spanning from entry-level to highly skilled engineering roles; the homegrown talent is vested in Silicon Box’s vision as they commit to providing upskilling programs to keep the Singaporean workforce market-ready in disruptive technologies.

This investment will bolster the nation’s GDP and drive workforce development, ensuring Singapore remains at the forefront of technological innovation and manufacturing excellence.

“Singapore is home to a vibrant and sophisticated semiconductor industry, with a strong ecosystem of solution providers and partners. Silicon Box’s decision to set up its first manufacturing and R&D facility in Singapore is a testament to our competitiveness as a critical global node for semiconductors and a vote of confidence in the long-term growth prospects of the sector in Singapore. We will continue strengthening our industry’s competitiveness by developing a stronger talent pipeline, reducing the sector’s carbon footprint, and deepening our semiconductor R&D capabilities” explains Singapore Economic Development Board’s (EDB) Chairman Png Cheong Boon

Next-gen semiconductor technology to accelerate the future of computing and AI

Silicon Box offers design flexibility and exceptional electrical performance at a lower cost and power consumption with its proprietary fabrication method. They have developed the shortest interconnections using sub-5-micron technology, setting a new standard in semiconductor design cycles. This means the industry can efficiently scale chiplet-based solutions across the semiconductor value chain.

Benefits include:

Silicon Box’s one-of-a-kind fabrication method increases design flexibility, providing better electrical performance.

  • Cost-savings without compromising on power as Silicon Box delivers exceptional results at lower cost and power consumption.
  • Benefit from the shortest interconnections, engineered using advanced sub-5-micron technology, ensuring quicker scaling of chiplet-based solutions.
  • Leverage the advantages of chiplets that allow larger systems to be built economically with optimised power consumption and higher performance.
  • Tap into Silicon Box’s partnerships with industry leaders for next-generation chiplet-based solutions, demonstrating their credible expertise and readiness to meet market demands.

The benefits for chip designers result in double computing performance at a fraction of the cost compared to traditional approaches. For graphical processors and high-performance computing chips, costs can be reduced by up to four times. This is a new paradigm in the chip industry, where stakeholders can concentrate on enhancing the performance optimisation of these modular functional units.

ESG and resource efficiency of the factory

  • A reverse osmosis de-ionized (RO-DI) water filtration system that purifies NeWater for manufacturing processes.
  • A fully contained wastewater treatment facility enables 50% of post-manufacturing wastewater to be recycled and reused.
  • Multi-grid voltage systems and solar panels improve transmission lines’ capacity and distribute power consumption more efficiently.
  • Energy-efficient window glass, blinds, and high-quality insulation reduce the energy required for cooling.

Simultaneously, Silicon Box’s integration methods enable high-performance solutions with low power consumption, allowing collaborators to design and build for a more sustainable future.

At its core, this cutting-edge offering is not only for manufacturers but retailers and consumers. The ripple effects extend beyond sheer dollars and cents, the predicted economic surge spans multiple sectors due to the interwoven nature of today’s supply chains. This expansion in Asia marks more than widened industrial horizons; it preludes a shift to innovation-led growth brewing within Singapore’s borders.

Note to Editors
Virtual reality factory tour: https://silicon-box.com/learn-more

Hashtag: #SiliconBox

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

About Silicon Box

Silicon Box is an advanced chiplet interconnection company specialising in cutting-edge semiconductor integration services. Founded in 2021 by Dr. BJ Han, Dr. Sehat Sutardja, and Ms. Weili Dai, the Singapore company is capable of collaborating on everything from initial design to final manufacturing of chiplets through its established relationships with best-in-class partners, has a track record of customer success and proprietary technology. Its state-of-art facility in Singapore provides advanced interconnection capabilities and demonstrates leadership in innovation at this critical epoch of semiconductor manufacturing technology. To learn more about Silicon Box, visit

ROSEN, GLOBALLY RECOGNIZED INVESTOR COUNSEL, Encourages Arrow Financial Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – AROW

New York, New York – Newsfile Corp. – July 19, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Arrow Financial Corporation (NASDAQ: AROW) between March 12, 2022 and May 12, 2023, both dates inclusive (the “Class Period”), of the important August 22, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Arrow securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Arrow class action, go to https://rosenlegal.com/submit-form/?case_id=17331 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 22, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Arrow maintained defective disclosure controls and procedures and internal controls over financial reporting; (2) the foregoing increased the risk that the company could not timely file one or more of its periodic financial reports with the SEC as required by the NASDAQ’s listing requirements; (3) accordingly, Arrow was at an increased risk of being delisted from the NASDAQ; (4) following the disclosure of deficiencies in the Company’s disclosure controls and procedures and internal controls over financial reporting, Arrow downplayed the severity of these issued and the associated risks; and (5) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Arrow class action, go to https://rosenlegal.com/submit-form/?case_id=17331 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

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

LAZR FINAL DEADLINE TUESDAY: ROSEN, A LEADING LAW FIRM, Encourages Luminar Technologies, Inc. Investors to Secure Counsel Before Important July 25 Deadline in Securities Class Action – LAZR

New York, New York – Newsfile Corp. – July 19, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Luminar Technologies, Inc. (NASDAQ: LAZR) between February 28, 2023 and March 17, 2023, both dates inclusive (the “Class Period”), of the important July 25, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Luminar securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Luminar class action, go to https://rosenlegal.com/submit-form/?case_id=14243 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 25, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose, among other things, that: (1) Luminar had misappropriated an image of a competitor’s photonic integrated circuit to market the Company’s own products and capabilities; (2) the foregoing conduct subjected the Company to a heightened risk of, among other things, litigation and/or regulatory enforcement action; (3) all the foregoing, once revealed, was likely to negatively impact Luminar’s business and reputation; and (4) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Luminar class action, go to https://rosenlegal.com/submit-form/?case_id=14243 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

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

ROSEN, TRUSTED AND TOP RANKED INVESTOR COUNSEL, Encourages UP Fintech Holding Limited Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – TIGR

New York, New York – Newsfile Corp. – July 19, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of UP Fintech Holding Limited (NASDAQ: TIGR) between April 29, 2020 and May 16, 2023, both dates inclusive (the “Class Period”), of the important August 21, 2023 lead plaintiff deadline in the securities class action filed by the Firm.

SO WHAT: If you purchased UP Fintech securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the UP Fintech class action, go to https://rosenlegal.com/submit-form/?case_id=16262 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 21, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose, among other things, that: (1) UP Fintech’s business was, quite simply, illegal as it related to operations in China as a result of its failure to obtain the proper licenses; (2) it did not fully disclose to investors that it was engaging in unlawful activity and instead characterized the applicable Chinese laws as ambiguous; (3) the foregoing subjected the Company to a heightened risk of regulatory enforcement; and (4); as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the UP Fintech class action, go to https://rosenlegal.com/submit-form/?case_id=16262 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

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

ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages TriplePoint Venture Growth BDC Corp. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – TPVG

New York, New York – Newsfile Corp. – July 19, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) between March 4, 2020 and May 1, 2023, both dates inclusive (the “Class Period”), of the important August 15, 2023 lead plaintiff deadline.

SO WHAT: If you purchased TriplePoint securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the TriplePoint class action, go to https://rosenlegal.com/submit-form/?case_id=15759 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 15, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose, among other things, that: (1) TriplePoint had overstated the strength of its various portfolio companies and loan book, as well as the viability of its overall investment strategy; (2) the foregoing, once revealed, was likely to have a material negative impact on the Company’s financial position and/or prospects; and (3) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the TriplePoint class action, go to https://rosenlegal.com/submit-form/?case_id=15759 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

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

Pedro Resources Ltd. Signs Collaboration Agreement with Biotechnology Company That Provides Contamination Remediation Services

TORONTO, ONTARIO – Newsfile Corp. – July 19, 2023 – Pedro Resources Ltd. (CSE: VBN) (“Pedro” or the “Company“) announces that it has executed a Collaboration Agreement dated July 13, 2023 (the “CA“) with Fixed Earth Innovations Ltd. (“FEI”). FEI is a private biotechnology company engaged in the business of the development, testing, and deployment of microbes for use in remediation of challenging resource extraction and industrial contaminants in soils and waters and enhancing plant growth in agriculture and ecosystem restoration. The CA follows a letter of intent announced March 20, 2023.

Under the CA, Pedro and FEI agree to collaborate in respect of the development and use of biotechnology for contaminant remediation in resource extraction projects, including mining. In particular, under the CA Pedro and FEI will focus on the development of heat tolerating microbes, metals remediation microbes, tetrachloroethylene (commonly referred to as PERCs or PCEs) and poly and perfluoroalkyl substances (PFAS, commonly referred to as “forever chemicals”).(1)

The CA provides for the licensing of certain intellectual properties, projects, and products to Pedro and, in return, Pedro will make a $200,000 cash payment to FEI, payable over six months. The first payment will be made within twenty-one days following regulatory approval of the CA. The CA also includes provisions for the future acquisition of FEI if warranted.

“Pedro began looking at biotechnology because of the major reclamation issues facing the mining industry. FEI is harnessing the earth’s natural immune system to do what Mother Earth does naturally. The difference is FEI has found ways to dramatically shorten the time frame from decades or centuries to weeks or months,” says Pedro CEO, Brian Stecyk. “We expect that Pedro’s relationship with FEI, and our ability to finance their product development, will enhance FEI’s ability to produce safe, cost effective, and timely solutions to many of the contamination challenges that companies encounter in the development of their projects.”

“We are proud to enter this new relationship with Pedro. The biotechnology we are working on has a positive impact on the environment. As a small company we have limited resources to pursue expansion and continue the ongoing research and development of our biotechnology. This CA is a positive first step for both parties to further develop these technologies,” says Timothy Repas, President of FEI.

Appointment of advisors

The Company further announces that the principals of FEI, Tim Repas, Will McInnes and Dan Lanman will be serving as biotechnology advisors to the board of directors and management of Pedro.

  • Timothy S. Repas, M.Sc., P.Ag.: Timothy brings a diverse background in biotechnology, environmental consulting, and laboratory research. As the Co-Founder and President of FEI, Timothy has been involved in driving innovative solutions in the biotechnology sector. Timothy holds an M.Sc. in Biology from the University of Saskatchewan and a B.Sc. in Biochemistry from Elmira College, New York. Timothy’s contributions to the field are reflected in numerous publications, patents, and presentations, including a Canadian patent for the degradation of hydrocarbons using a filamentous fungus. He also has significant experience in environmental consulting, working as the Contaminated Sites Manager at Roy Northern Environmental Ltd.
  • William McInnes: With a background in project management, certified by PMI (Project Management Institute) in 2019, Will has served as the primary field Project Manager for various projects across Canada, including the remediation of a former landfill on Vancouver Island, a highway road maintenance yard, and an Edmonton pub/parkade. As a founding member of Fixed Earth Innovations Ltd., Oil-Out Ltd, and Dirty Dirt Services Ltd, he possesses a unique knowledge of various technologies and their customization for diverse project requirements. Will recently joined the board of directors of Pedro Resources Ltd.
  • Daniel Patrick Lanman: As a Co-Founder and Executive Vice President of FEI, Dan has been instrumental in overseeing business operations and implementing financial controls, playing a key role in the company’s growth since its establishment. Dan has a diverse range of experience, including serving as a Co-Founder and Director, President, Director of Operations, and Buyer’s Team Lead of FEI.

Private Placement of Convertible Debentures

The Company further announces its intention to complete a non-brokered private placement (the “Offering“) of $725,000 principal amount convertible debentures of the Company (the “Debentures“). The Debentures shall bear interest at a rate of 7.2% per annum. The Debentures will mature on the date that is 36 months from the closing of the Offering (the “Maturity Date“). The Debentures will be convertible into common shares in the capital of the Company at a price of $0.05 per common share, in whole or in part, at the option of the holder at any time prior to the Maturity Date. All securities issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation.

The proceeds from the Offering will be used for general corporate and working capital purposes.

This press release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), or the securities laws of any state of the United States and may not be offered or sold within the United States (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

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

About Pedro Resources Ltd.

Pedro Resources Ltd. is a Canadian exploration company listed on the Canadian Securities Exchange focused on mineral exploration and development.

For further information, contact:
On behalf of the Board
Brian Stecyk
Chief Executive Officer and Director
Tel: 780-953-0111

About Fixed Earth Innovation Inc.

FEI was founded in 2019 and is located in Saskatoon, Saskatchewan. It is focused on the development and commercialization of biotechnology for the remediation, reclamation and restoration of soils, water, and facilities contaminated by chemicals, hydrocarbons or other hazardous materials including tetrachloroethylene (commonly referred to as PERCs or PCEs) and poly and perfluoroalkyl substances (“PFAS”, commonly referred to as “forever chemicals”).(1). FEI has been successful in identifying and applying microbial and other biotechnology solutions in mining, oil & gas site reclamation, forestry recovery, agriculture, and other areas where contaminated sites or low productivity bio-sites required remediation. These biotechnology solutions have resulted from FEI’s in-house research into various global contaminants. FEI uniquely insolates microbes on-site for an improved balance of native organics to address contaminant remediation. FEI combines laboratory research and field trials to create processes for new solutions.

Recent contaminant reclamation and remediation and ecosystem restoration projects undertaken by FEI, include the following:

1) FEI provided site-specific microbes and bioremediation expertise to a year-long PFAS bioremediation demonstration at the Dane County Regional Airport (Madison, Wisconsin) in conjunction with other technology and field solutions providers.

2) FEI isolated and tested area-specific microbes for a First Nation in northeast B.C. for use in enhancing plant growth on seismic line restoration projects. These microbes were deployed with 30,000 trees on field sites in 2022 and monitoring of their benefits is ongoing.

3) FEI has been completing pilots using area-specific microbes and capsule technology to enhance the deployment of native seed on oil & gas restoration sites in B.C. for the past three years. In 2023, a major oil & gas producer committed to full-scale deployments of these technologies on multiple restoration projects.

4) In 2022, FEI isolated and lab-validated microbes for use in assisting plant growth in environments impacted by acid mine drainage. These microbes were deployed in full-scale by an oil & gas producer to offset the ecosystem effects of acid drainage at a former production site in B.C. This site was also used as a pilot site for FEI’s technologies to introduce lichen to sites disturbed by resource extraction.

5) FEI isolated site-specific microbes for use in remediation of PCE at a former industrial facility in Edmonton, Alberta. These microbes were validated in the lab and field tested before full scale deployment in late 2022. Preliminary monitoring of the site by a qualified third-party has demonstrated major reductions in contamination at the site.

For further information on FEI, please access: .

(1) For further information on PFAS, please access:

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

Forward-Looking Information

This news release contains forward‐looking statements and forward‐looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward‐looking statements or information. More particularly and without limitation, this news release contains forward‐looking statements and information relating, the filing of the Company’s financial statements. The forward‐looking statements and information are based on certain key expectations and assumptions made by management of the Company. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward‐looking statements and information since no assurance can be given that they will prove to be correct.

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Hana Korean Language school organises free open language exchange event

SINGAPORE – Media OutReach – 20 July 2023 – Hana Korean, a Korean language school under the Crystal Learning group of language schools in Singapore, is organising a language exchange event on Saturday, 19th August 2023 from 2:30-4:30 pm. Attendance is open to all, student or not, and free of charge.

The language exchange will be held at Hana Korean language school.
This is the address:

20 Kramat Lane #05-05
Singapore 228773

At the event, attendees can engage in practical language use, whether they’re beginners or fluent speakers.

The event will be facilitated by one of Hana’s Korean teachers, and students of all proficiency levels will be in attendance. From new learners who know basic greetings to advanced speakers who can discuss Korean drama at length, everyone will find someone at their level to converse with.

Light Korean refreshments will be served, creating an immersive cultural experience. The event capacity is 50 participants to ensure an engaging and intimate setting. While pre-registration is optional, it is recommended to secure a spot. You can register at https://hanakorean.com.sg/courses/learn-korean-speaking/

Hana Korean’s founder, Candy Lee, emphasises the importance of this in-person event. “Many of our students join live Zoom classes every week, and that works really well. But it brings a fresh dose of energy to connect in person from time to time, and we thought, ‘why not open it up to everyone?'”, she says.

In the near future, Crystal Learning intends to open their doors to the general public for language exchanges on a regular basis. “We believe that language is the bridge that connects cultures. If more people can understand even a little bit of a new language, it will help build a better world”, says Crystal Learning’s co-founder Alex Lim.

Popularity of Korean language in Singapore

Korean is gaining popularity as a third language in Singapore. Crystal Learning, which runs language schools specialising in Asian languages as well as English, notes that Hana Korean, its Korean language school, ranks third in terms of student volume, only behind its Chinese and English language schools.

An obvious reason for the popularity of the Korean language in Singapore is Korean pop culture. Many of Hana Korean’s students share a passion for K-pop and K-drama.

The shared passion for Korean culture means that Korean learners tend to stick together as a group, form friendships and continue learning for longer than is the case with most other languages.

Besides language courses, Singapore has seen a growth in Korea-themed courses pop up focusing on Korean cooking, dance and make-up.

Korean is also a friendly language for beginners. Traditionally, Koreans wrote mostly with classical Chinese characters. The hangul writing method was designed in the 15th century to make the language easy to learn and raise literacy rates among the poor. It’s also relatively easy to learn the fundamentals of spoken Korean and start having conversations.

Learning a new language: Conversation beats grammar

Hana Korean recognises that learning a language is much more than mastering grammar and vocabulary from a book. The most enriching learning experiences come from real-life conversations. To encourage conversation, Hana Korean keeps its classes small, with a maximum of 8 students per group, whether the class takes place in-person or on Zoom.

Hashtag: #korean #language #learning #hanakorean #crystallearning

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

About Hana Korean and Crystal Learning

Crystal Learning is a collection of language schools, each of which focuses on one specific language. Established in 2012 as Yi Mandarin, it has gradually expanded its portfolio of languages to include English Express, IndoSlang, Hana Korean, Taiyo Japanese, Sawadee Thai and Vietnoi Vietnamese.

Lessons take place in small groups with at most 8 participants per session, either in person at its Orchard centre, or in Live Zoom sessions. The goal is always to encourage language learners to speak in the foreign language as quickly as possible and spark a passion for learning more.

For more information, please contact Alex Lim at han@crystal.com.sg or +65 658 98674.

Finture, the Nubank of Indonesia, gaining over a million users, first introduces digital bank and credit card products in Southeast Asia to support Japanese companies in capturing new markets

TOKYO, JAPAN – Media OutReach – 20 July 2023 – Embracing the rapid development of Southeast Asia’s fintech sector, many Japanese companies are investing more in Southeast Asian fintech firms to strategically prepare for expanding their market footprint in the region to develop its growth matrix and synergies of its service line-up. YUP, the credit payment platform created by Singaporean startup Finture, introduces digital banking and credit payment services in Southeast Asia to ride on the digital transformation wave in the region and facilitate Japanese companies’ exploration of new growth markets.

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In Southeast Asian countries with relatively low penetration of financial services, credit cards are often considered a peripheral business by banks. According to statistics, the credit card penetration rate in Indonesia is merely 2.8%, and the country’s total credit card issuance was around 17 million from 2011 to 2015, without notable improvement in credit card adoption. Donny Zhang, Co-founder and CEO of Finture, says, “Traditional Southeast Asian banks lack robust digital risk management and have stringent entry criteria for unsecured retail banking operations, often subjecting customers to rigorous background checks, including employment references and a minimum of 3 to 5 years of work experience. Their deficiencies in serving personal customers present unprecedented opportunities for digital banks.”

Founded in 2021, Finture has emerged as a prominent provider of digital banking and credit payment services in Southeast Asia, earning the reputation of being the “Nubank of Southeast Asia”. Its first product, YUP, has effectively addressed the pain points of local users and quickly become one of the most popular consumer finance APPs in Indonesia. Additionally, the company has already received over $60 million in funding, reflecting the immense growth potential of financial products in Southeast Asia.

With the widespread adoption of smartphones, customers have higher expectations for digitization and personalization. Digital banks, unburdened by physical branches, directly engage with consumers and enable themselves to reach customer segments that traditional banks might not access. Gavin Guo, CFO of Finture, adds, “YUP plans to introduce digital debit card services and savings accounts while continuously expanding into insurance, personal loans, and micro-business loans to fill the market gaps in Southeast Asia. With the aid of technology, digital banks will offer easy, convenient, and affordable financial products to the public.”

Today, digital banks have become a transformative force in the banking industry, favored by customers, financial professionals, and investors. NuBank, the Brazilian digital bank disrupting the traditional banking landscape through innovative fintech products, has rapidly ascended to one of Latin America’s largest companies, attracting investors seeking new frontiers in digital banking. YUP will draw inspiration from these enterprises’ development models and leverage its own growing user base, data models, and risk management capabilities to actively embark on its vertical expansion in Southeast Asia, one of the region’s most promising markets.

Hashtag: #Finture

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

About Finture

Finture is a Singapore-based fintech company that has offices in Shanghai, Singapore, and Jakarta. Established in 2021, Finture operates its digital bank and credit payment business in Southeast Asia. Finture believes everyone is eligible to have the access to easy, convenient, and affordable financial products. Cooperated with local financial institutions and fintech companies, Finture has achieved exponential growth since launching its first product YUP, which now has become one of the most popular consumer finance APPs in Indonesia, and the number of new credit card issuances has already exceeded that of the largest local bank.

Official Website:

About Donny Zhang, Finture’s Co-founder and CEO

Co-founded Finture in 2021, Donny has over 15 years of working experience in Fintech, financial services and investments. Before that, Donny graduated from the University of Sheffield and worked in strategic consulting at Accenture. In 2015, Donny joined 360 Group as a strategic investment manager, focusing on the development of financial technology in markets such as China, Southeast Asia and South America. He has led investment and research on digital banking and startups in multiple global markets, contributing to the growth and fundraising of 360 Group’s financial business, 360DigiTech. His efforts played a crucial role in facilitating the successful listing of the company on the NASDAQ stock exchange (NDAQ: QFIN) in 2018.

After that, Donny was appointed to the role of southeast business CEO of 360DigiTech, expanding business in Jakarta. Recognizing the untapped opportunities in Southeast Asian banking services, he embarked on the founding of Finture, focusing on digital banking as a means to provide consumer financial payment products tailored to the needs of the working class people.