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Hive Digital Technologies’ Strategic Alliance with NVIDIA: A Leap Towards Digital Transformation

Press Release
–News Direct– Hive Digital technologies Executive Chairman Frank Holmes joined Steve Darling from Proactive to share details about the company's engagement with NVIDIA, a pivotal player in the GPU market, particularly in Ethereum mining and the broader digital transformation landscape. Holmes highlighted Hive's substantial investments in NVIDIA's powerful GPU chips, initially for mining Ethereum and other cryptocurrencies. However, the company has now pivoted towards building ultra-high-performance computing systems. This strategic shift has elevated Hive to a platinum buyer status of NVIDIA's H100 GPUs, indicating the strong relationship between the two firms. Beyond the commercial relationship, Holmes emphasized the broader impact of NVIDIA's te...

Stanton Chase Expands to Burgeoning Huntsville, Alabama Through Its New Office

Press Release
–News Direct– Stanton Chase proudly announces the inauguration of its newest office in Huntsville, Alabama. Two of the companys leading executives are spearheading the initiative. Al Smith, Jr., is the youngest managing partner in Stanton Chases history and is collaborating with seasoned advisor Daniel Casteel. Casteel is also a managing partner and the Stanton Chase Global Functional Leader for CEO Search and Succession, bringing nearly 25 years of industry experience to the new office. The Huntsville office gives Stanton Chase a boots on the ground presence in Alabamas fastest-growing market. Nicknamed The Rocket City, Huntsvilles population has surged in recent years and has been named the number one best job market in the U.S. Already the largest city in the state and an affordable pl...

Nevada Lithium CEO Discusses Industry Prospects and Bonnie Claire Project Advancements

Press Release
–News Direct– Nevada Lithium CEO Stephen Rentschler joined Steve Darling from Proactive talk about the company's efforts to educate stakeholders about the lithium industry and its operations. Rentschler highlighted his engagements at key industry events, emphasizing the growing interest in lithium despite past price volatility. He discussed the novelty of the lithium industry and the widespread lack of understanding about different types of lithium deposits, such as brines, hard rocks, and sedimentary deposits. Nevada Lithium aims to educate investors about these differences and the supply-demand dynamics crucial for industry growth. Recent drill results from the Bonnie Claire project have revealed high-grade lithium mineralization, indicating significant potential for Nevada Lit...

Itaconix CEO outlines future growth despite short-term revenue setback

Press Release
–News Direct– Itaconix PLC CEO John Shaw joins Proactive's Stephen Gunnion with details of a trading update, released after the company was unable to reach satisfactory commercial terms with one of its major existing merchandising customers in North America for supply in 2024. Shaw highlighted this move as a significant short-term revenue loss but framed it as a positive step towards reducing dependency and fostering a healthier business relationship. He stressed that despite this change, the company remains optimistic about its future, aiming to become a "$100 million company" without operating out of fear. The relationship with the said customer remains amicable, with Shaw sharing personal anecdotes to underline their close ties. Looking forward, Shaw discussed...

Ethereum Could Hit $14K in 2025 As per Standard Chartered, Ali Martinez Predicts Bitcoin Will Reach $72K; KangaMoon Price Surges

Press Release
–News Direct– In recent times, Ethereum (ETH) has been the talk of the town. According to a Standard Chartered prediction, it could reach an impressive $14,000 in 2025. Meanwhile, analyst Ali Martinez foresees Bitcoin (BTC) reaching $72,880. KangaMoon (KANG) is also making headlines as a meme coin in Stage 4 of its presale and analysts predict it will hit $1 in 2024. An Ethereum Price Prediction by Standard Chartered Recently, Ethereum (ETH) has been on the rise. As per CoinMarketCap data, the Ethereum price surged from $2,947 to $3,467 over the last 30 days. In that time, its market cap also rose from $354B to $416B. According to Standard Chartered, the Ethereum ETF approval may push its value to $8,000 in 2024 and $14,000 in 2025. In the next two years, Ethereum is expected to perform ...

Euro Manganese achieves key milestone with environmental permit for Chvaletice Manganese Project

Press Release
–News Direct– Euro Manganese Inc President and CEO Dr Matthew James tells Proactive's Stephen Gunnion that the battery materials company has achieved a key milestone at its Chvaletice Manganese Project after receiving approval for its Environmental and Social Impact Assessment from the Czech Ministry of Environment. James told Proactive the Czech project involves remediating historical mine tailings from a previous pyrite mine, containing significant manganese deposits. The company also owns land directly opposite the tailings area for a processing plant. The Chvaletice Manganese Project is unique for its high-purity manganese, essential for electric vehicle batteries, particularly in NMC (nickel-manganese-cobalt) batteries. James explained that the project's manganese ...

Accesso’s landmark deal with SEVEN marks strategic growth in the Saudi Market

Press Release
–News Direct– Accesso Technology Group PLC (AIM:ACSO, OTC:LOQPF) chief executive Steve Brown joins Proactive's Stephen Gunnion with details of a significant partnership with Saudi Entertainment Ventures (SEVEN). Brown said the collaboration highlights accesso's strategy to grow its global footprint, underlined by its 2023 acquisition of VGS, now rebranded as accesso Horizon. SEVEN, aiming to develop an expansive entertainment ecosystem across Saudi Arabia, plans to introduce over 21 attractions and more than 150 experiences across 14 cities. Horizon will be instrumental in managing admissions and entitlements for this vast project, offering comprehensive ticketing solutions and an overall visitor management system. Brown said the deal represents accesso's most s...

Sonrai Security Launches Industry’s First Cloud Permissions Firewall for AWS, Azure, and Google Cloud

Press Release
–News Direct– Sonrai Security, a leader in cloud security solutions, today unveiled the launch of the industry's first Cloud Permissions Firewall for AWS, Azure, and Google Cloud. This groundbreaking technology revolutionizes cloud access and permissions security, offering a seamless one-click least privilege solution with zero disruption for cloud operations and development teams. Sonrai's Cloud Permissions Firewall transforms the complex landscape of cloud access and permissions security into a streamlined process with just one click. By leveraging sensitive access and permissions intelligence, the Sonrai Cloud Permissions Firewall identifies and determines the necessary access or rights required for running workloads in the cloud. It then instantaneously blocks unnecess...

Oriole Resources outlines 2023 achievements and future exploration plans

Press Release
–News Direct– Oriole Resources PLC (AIM:ORR) CEO Tim Livesey and chief financial officer Bob Smeeton join Proactive's Stephen Gunnion with details of the company's 2023 financial and operational performance. Livesey highlighted successful exploration programs in Cameroon, at the Bibemi and Mbe projects, resulting in an enhanced main resource at Bibemi to 375,000 ounces. The latter part of the year focused on negotiations with external investors, culminating in deals with BCM for 50% ownership and $4 million investment in each of the Bibemi and Mbe licences. Smeeton detailed a 2.4 million operating loss, attributing it to non-cash items and emphasising cash preservation as a primary goal. The company secured project-level funding and a financing deal with Lanstead, provi...

Scrut Automation raises $10M in growth capital from Lightspeed and MassMutual Ventures to accelerate growth in North America

Press Release
–News Direct– GRC platform Scrut Automation announced today that it has raised $10 million in growth capital from existing investors Lightspeed , MassMutual Ventures and Endiya Partners. The Scrut Automation team will use the funding to enhance their platform capabilities, incorporate generative AI use cases to reduce the manual effort for risk and compliance teams and expand to North American and European markets. With this round, the company has now raised $20.5 million in total venture funding since its inception in 2021. Scrut Automation was created to address the unique risk and compliance challenges faced by tech-first mid-market businesses in highly regulated industries. These companies grapple with stringent compliance requirements from regulators and industry bodies, and mountin...