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Day: January 9, 2024

Verisk Estimates Industry Insured Losses for the Noto Peninsula Earthquake to Range from JPY 260 Billion to JPY 480 Billion (USD 1.8 Billion to 3.3 Billion)

BOSTON, Jan. 08, 2024 (GLOBE NEWSWIRE) — The Extreme Event Solutions business unit of Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates that insured losses to properties from the January 1 M7.5 (per the United States Geological Survey) earthquake that struck near the Noto peninsula in Ishikawa prefecture, Japan, will be between JPY 260 billion (USD 1.8 billion) and JPY 480 billion (USD 3.3 billion). Event Summary Per the United States Geological Survey (USGS), the January 1, 2024, M7.5 earthquake on the west coast of Japan occurred due to shallow reverse faulting in the Earth’s crust. Japan is a seismically active region with most earthquakes occurring off the east coast, where the Pacific plate subducts beneath Japan. This earthquake occurred on the west coast of Japan, where crustal deformation...

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Reflex Advanced Materials Corp. Announces Sale of ZigZag Property

VANCOUVER, British Columbia, Jan. 08, 2024 (GLOBE NEWSWIRE) — Reflex Advanced Materials Corp. (CSE:RFLX) (OTCQB:RFLXF) (FSE:HF2) (“Reflex” or the “Company”) is pleased to announce that it has sold a 100% interest in the ZigZag Lake Lithium Property (the “Property”), located near Crescent Lake, Ontario, to Integral Metals Corp. (the “Purchaser”) pursuant to a property purchase agreement dated January 8, 2024 (the “Purchase Agreement”). Pursuant to the Purchase Agreement, the Purchaser has paid $400,000 to the Company and issued 1,000,000 common shares in the capital of the Purchaser (the “Consideration Shares”) in consideration for the Property. In connection with the closing of the Property acquisition by the Purchaser, Reflex exercised its option in respect of the Property in accordance with the mineral property option agreement...

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Oak Valley Community Bank Announces Key Additions to Executive Management Team

OAKDALE, Calif., Jan. 08, 2024 (GLOBE NEWSWIRE) — Oak Valley Community Bank, a wholly owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), today announced key additions to the executive management team following the promotions of Jeff Gall, Executive Vice President, Chief Financial Officer, Kim Booke, Executive Vice President, Chief Risk Officer, and Theresa Roland, Executive Vice President, Chief Human Resources Officer. “We are pleased to announce the expanded responsibilities of these management team members. Their knowledge of the financial landscape and understanding of our business help strengthen the financial health of the communities we serve as we focus on strategic growth and increasing sustainable revenue in our market area,” stated Chris Courtney, CEO. Jeff Gall started working for Oak Valley in 2006. He has played...

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Decentral Life and LikeRE Announce Launch of an AI Virtual Business Assistant for Real Estate Professionals

LikeRE.com is getting an artificial intelligence (AI)-powered upgrade from Decentral Life, Inc. GREENWOOD VILLAGE, COLORADO, Jan. 08, 2024 (GLOBE NEWSWIRE) — Decentral Life, Inc. (OTC: WDLF) announced today the official launch of a Generative AI Virtual Business Assistant, that is developed to help real estate business professionals offload the mundane task they face each day in running their business. “We continue to push the boundaries of what is possible in real estate marketing, sales, and daily operations,” said Decentral Life CEO, Ken Tapp. “We are once again pioneering change in the real estate industry, through our technology license agreement with LikeRE.com. By empowering real estate professionals with our newly launched generative AI tools, we expect to save them countless hours each week by offloading the mundane task...

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