Day: July 30, 2024

Probe Gold intersects 14.9 g/t Au over 6.8 metres (Cut) in expansion drilling at the Monique deposit, Novador Project, Quebec

Highlights: New multiple high-grade gold intercepts within and surrounding the Monique conceptual pit. Monique Gold system is identified over 2,500 metres of length, 1,000 metres of width and 700 metres of depth. Expansion drilling within and under the Monique conceptual pit intersected significant intervals of mineralization grading up to 14.9 g/t Au over 6.8 metres (Cut) or 30.3 g/t Au over 6.8 metres (Uncut), including 255 g/t Au over 0.8 metre; 9.9 g/t Au over 12.0 metres, including 99.2 g/t Au over 1.0 metre and 2.7 g/t Au over 23.7 metres. Infill drilling continues to confirm gold zones inside and just under the conceptual pit, yielding up to 4.8 g/t Au over 17.1 metres, including 44.7 g/t Au over 1.0 metre and 1.0 g/t Au over 53.0 metres. A 10,000-metre drill program and prospecting activities testing new exploration targets is...

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MiddleGround Capital Completes Acquisition of Majority Ownership Stake in Helix

MiddleGround’s Europe team completes Mobility Thesis investment in UK-based designer and manufacturer of high-performance electric motors and inverters LEXINGTON, Ky. and AMSTERDAM, July 30, 2024 (GLOBE NEWSWIRE) — MiddleGround Capital (“MiddleGround”), an operationally-focused private equity firm that makes control investments in North American and European headquartered middle market B2B industrial and specialty distribution companies, today announced it has acquired a majority ownership stake in Integral Powertrain Ltd. (“Helix” or the “Company”), a leading designer and manufacturer of high-performance electric motors, high-voltage inverters, and integrated electric drive units for a variety of rapidly-growing applications in the Mobility sector. The Company’s founding shareholders will remain minority owners and partners of...

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ZOOZ Power success of four ultra-fast EV charging sites that utilizes the ZOOZTER-100 product in Germany results in a new purchase order received by ZOOZ for a fifth site

ZOOZ Power’s innovative flywheel based kinetic booster power management solution that enables ultra-fast multi-ports EV charging are now live at four sites in Germany, with a fifth coming soon. Using stored kinetic energy from its flywheels and its energy management software, ZOOZ Power supplements the grid power, maximizing charging infrastructure utilization. The ZOOZTER-100 products have been successfully operational at 2 sites in Herrenberg, operated by Charge Point Operator Mer for over a year. Two new installations in Reiskirchen and Weiterstadt, operated by CPO Parkstrom recently went live as well. Based on the success of the 4 existing sites, an order for a fifth ZOOZTER-100 was received by ZOOZ. These deployments highlight ZOOZ Power’s capability to enable ultra-fast, multi-port EV charging and enhance site revenue for...

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Victoria Gold: Update on HLF Incident Management

WHITEHORSE, Yukon, July 30, 2024 (GLOBE NEWSWIRE) — Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) provides an update on the management of the heap leach facility (“HLF”) incident that occurred at the Eagle Gold Mine on June 24, 2024 (see Company news releases dated June 24, 2024, July 4, 2024, and July 12, 2024). Safety Victoria’s focus continues to be on the safety of its employees and mitigation of harm to the environment. As previously reported, the Company has and will continue to liaise with the Government of Yukon, the First Nation of Nacho Nyak Dun (“FNNND”), the Village of Mayo, the Yukon Workers’ Safety and Compensation Board and other regulatory authorities. Each activity occurring on site where workers could potentially be exposed to risks related to the HLF incident undergoes a rigorous Job Hazard Analysis...

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Tri Pointe Homes Introduces its First Altis 55+ Lifestyle Brand Community on the East Coast

Altis at Serenity by Tri Pointe Homes Offers 55+ Residents a Premium Lifestyle Community Conveniently Located Near Wake-Harnett County Border Tri Pointe Homes expands its 55+ lifestyle brand to the East Coast Altis at Serenity will offer residents unparalleled access to premium lifestyle amenities in a community created to foster social connections and active lifestyles. RALEIGH, N.C., July 30, 2024 (GLOBE NEWSWIRE) — Tri Pointe Homes® (NYSE:TPH), one of the largest homebuilders in the U.S., together with its Raleigh division, today announced the development of Altis, its first 55+ lifestyle brand community on the East Coast. Located within Greenfield Communities’ 550-acre Serenity development in rapidly growing Northwest Harnett County just outside Fuquay-Varina, Altis at Serenity is expected to add an additional 425...

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Transom Capital-backed Scantron Acquires C-Net Systems

Strategic Acquisition Broadens Midwest Market Presence, Reinforcing Leadership in Cybersecurity and Managed Services LOS ANGELES, July 30, 2024 (GLOBE NEWSWIRE) — Secur-Serv, a division of Transom Capital Group-backed Scantron Corporation (www.secur-serv.com) and a market-leading managed services provider, announced it has completed its acquisition of C-Net Systems (www.cnetsys.com), a managed service provider based in Michigan. This acquisition marks continued advancement in expanding Secur-Serv’s service offerings and market presence, particularly in the Midwest. “The acquisition of C-Net Systems is a testament to Secur-Serv’s ongoing growth and strategic vision,” stated Steve Kim, Principal at Transom. “We are proud to support Secur-Serv as it continues to expand and deliver outstanding IT solutions nationwide. This move...

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Raytech Holding Reports Financial Results for Fiscal Year Ended March 31, 2024

HONG KONG, July 30, 2024 (GLOBE NEWSWIRE) — Raytech Holding Limited (the “Company” or “RAY”), a Hong Kong-headquartered company specializing in design, sourcing and wholesale of personal care electrical appliances for international brand owners, today announced its financial results for the fiscal year ended March 31, 2024. CHING Tim Hoi, CEO and Chairman of the Company, commented, “The Company delivered a robust financial performance in the fiscal year ended March 31, 2024, with revenue increased by a substantial 47.1% to reach HKD67.0 million (US$8.6 million), up from HKD45.5 million in the prior year. This exceptional revenue growth was primarily driven by a significant increase in sales of our hair styling, trimmer product series, as well as new tooling revenue generated from manufacturing a variety of tools, molds, and assembly...

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Microchip Technology Introduces a New Core in the dsPIC® Digital Signal Controller Family to Enhance Precision and Execution of Real-Time Control

dsPIC33A DSCs feature a 32-bit architecture with a double-precision floating-point unit and DSP engine for faster computation in time-critical applications CHANDLER, Ariz., July 30, 2024 (GLOBE NEWSWIRE) — As embedded systems become more complex and the need for enhanced performance increases, Microchip Technology (Nasdaq: MCHP) has launched its dsPIC33A Core family of Digital Signal Controllers (DSCs). The ability for engineers to create sophisticated, computationally intensive embedded control algorithms is crucial for achieving superior operational efficiency in motor control, power supply, charging and sensing systems. Built around a 32-bit Central Processing Unit (CPU) architecture with a 200 MHz operating speed, the dsPIC33A family’s advanced core includes a Double-Precision Floating-Point Unit (DP FPU) and DSP instructions...

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Aurora Mobile Presents at the 2024 Asia Tech x Singapore Exhibition

SHENZHEN, China, July 30, 2024 (GLOBE NEWSWIRE) — Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, recently presented at the 2024 Asia Tech x Singapore exhibition, where Mr. Weidong Luo, Chairman and Chief Executive Officer of Aurora Mobile, had extensive discussions with numerous global industry leaders and potential customers over the course of three days. During the exhibition, Mr. Luo was interviewed by an online business magazine. The following is a summary of the interview. Interviewer: When did your company decide to expand overseas, and what region did you start from? Mr. Weidong Luo: We launched our overseas messaging service platform, EngageLab, at the end of 2022. Initially, we started our...

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Bango partners with Nord Security to enhance Digital Vending Machine® offerings for telcos

CAMBRIDGE, United Kingdom, July 30, 2024 (GLOBE NEWSWIRE) — Bango (AIM: BGO) is pleased to announce the addition of Nord Security’s subscription products to the Digital Vending Machine® (DVM™). This will enable telcos to seamlessly bundle, add-on or Super Bundle Nord Security’s top-tier security subscriptions – NordPass and NordVPN – providing their customers with enhanced online peace of mind. NordVPN offers users a secure and unrestricted internet experience, shielding them from intrusive tracking and censorship, securing Wi-Fi connections, scanning downloads for malware, blocking trackers and ads, among other privacy and cybersecurity features. Additionally, users can protect their passwords and passkeys with NordPass, a secure password manager. Nord Security is set to expand its reach via telco channels,...

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