Newspatrolling.com News cum Content Syndication Portal Online Fri, 16 May 2025 01:39:09 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 STLLR Gold Delivers Updated Mineral Resource Estimate and PEA Demonstrating US$1.0 Billion After-Tax NPV5% for the Large-Scale Tower Gold Project in Ontario, Canada /stllr-gold-delivers-updated-mineral-resource-estimate-and-pea-demonstrating-us1-0-billion-after-tax-npv5-for-the-large-scale-tower-gold-project-in-ontario-canada/ Fri, 16 May 2025 01:39:08 +0000 /stllr-gold-delivers-updated-mineral-resource-estimate-and-pea-demonstrating-us1-0-billion-after-tax-npv5-for-the-large-scale-tower-gold-project-in-ontario-canada/ Average annual gold production of 273,000 ounces for 19-years, including peak average annual production of 316,000 ounces over the first five years, and a maximum annual production of 325,000 ounces in Year 15. 5.2 million ounces of gold production over the 19 years of conceptual mine life (“CML”). Base Case After-Tax NPV5% of C$1.36 billion …

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Average annual gold production of 273,000 ounces for 19-years, including peak average annual production of 316,000 ounces over the first five years, and a maximum annual production of 325,000 ounces in Year 15.

5.2 million ounces of gold production over the 19 years of conceptual mine life (“CML”).

Base Case After-Tax NPV5% of C$1.36 billion (US$1.01 billion) and IRR of 13.4% at US$2,500/oz gold.

Spot Price After-Tax NPV5% of C$3.30 billion (US$2.46 billion) and IRR of 24.0% at US$3,200/oz gold.

2025 MRE (as defined herein): 4.0 million ounces from 140.4 Mt grading 0.89 g/t Au in the Indicated category and 7.0 million ounces from 200.3 Mt grading 1.08 g/t Au in the Inferred category.

2025 PEA (as defined herein) is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the 2025 PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

Toronto, Ontario–(Newsfile Corp. – May 15, 2025) –
STLLR Gold Inc.
(TSX: STLR) (OTCQX: STLRF) (FSE: O9D) (“STLLR” or the “Company“) announces the summary results of the updated Mineral Resource Estimate (“2025 MRE“) and updated Preliminary Economic Assessment (“2025 PEA“) for its 100%-owned Tower Gold Project (“Tower” or the “Project“) located in the prolific Timmins Mining Camp in Ontario, Canada. The 2025 MRE was prepared by InnovExplo (a member of Norda Stelo) and the 2025 PEA was compiled by G Mining Services (“GMS“).

Table 1: 2025 PEA1 Economics*

Potential Economics Gold Price Assumption
US$2,500/oz

Base Case
US$3,200/oz

Spot
Pre-tax internal rate of return (“IRR“)(%) 16.1% 28.6%
After-tax IRR 13.4% 24.0%
Pre-tax net present value at 5% discount rate (“NPV5%“)(C$M) C$2,118 C$4,961
After-tax NPV5% (C$M) C$1,355 C$3,298
CML after-tax free cash flow (“FCF“)(C$M)2 C$3,438 C$6,739
FX rate assumption (USD/CAD) 1.34 1.34
After-tax NPV5%/Initial Capex ratio 0.7x 1.8x
After-tax Payback period (years) 5.8 2.9

*Figures may vary slightly due to rounding

Table 2: 2025 PEA1: Conceptual Mine Plan Summary*

Metrics CML Total Per Unit
Conceptual Mine Plan
CML 19 years
2025 MRE conversion to conceptual mine plan 52%
Total mineralized material (million tonnes “Mt“) 176.9 Mt 9.5 Mtpa3/26,030 tpd3
OP material during ramp-up 1.4 Mt
OP 148.8 Mt 7.8Mtpa3/21,370 tpd3
UG 26.6 Mt 1.7Mtpa3/4,660 tpd3
Total OP waste rock mined (Mt) 652.7 Mt
Total OP overburden tonnes (“OVB“) mined (Mt) 288.3 Mt
Total OP waste (waste rock + OVB) 940.9 Mt
Strip ratio, excluding OVB 4.3
Strip ratio, including OVB 6.3
Average mill gold head grade (“g/t Au“) 0.99 g/t Au
CML OP production 0.75 g/t Au
CML UG Production 2.35 g/t Au
Average mill recovery rate (%) 92.7%
Total potential payable gold production,

excluding pre-production (thousand ounces “Koz“)
5,191 Koz 273 Koz/year
Pre-production gold recovered, OP ramp-up 43 Koz
OP production

UG Production
3,326 Koz

1,868 Koz
175 Koz/year

98 Koz/year
Capex and Opex
Initial Capex (with contingency) (C$ millions “M“) C$1,873 M
Pre-production revenue (C$M) C$144.6 M
Sustaining Capex4 (excluding Closure/Salvage) C$1,723 M C$91 M/year
Total Cash Costs5 C$8,901 M C$1,715/oz (US$1,280/oz)
All-In Sustaining Cost (“AISC“)6 C$10,700 M C$2,059/oz (US$1,537/oz)
All-In Costs (“AIC“)6 C$12,575 M C$2,403/oz (US$1,793/oz)

*Figures may vary slightly due to rounding

STLLR President and CEO Keyvan Salehi, P.Eng. commented: “Tower is one of Canada’s largest undeveloped gold projects, with size and scale matched only by a few Canadian gold projects. The 2025 PEA showcases the potential to produce 273,000 ounces of gold annually over 19 years, with peak production of 325,000 ounces. We believe the 2025 PEA delivers compelling economics with defensible capital and operating cost estimates. We designed the conceptual mine plan to maximize the output, which we believe is the best path to advance the Project and deliver long-term value. Furthermore, it is also our view that the geological environment hosting the Project continues along strike and at depth with solid upside potential for exploration. We believe this mine plan represents a strong foundation for a project with meaningful potential to grow in size, scale, and conceptual mine life.”

“The 2025 MRE and 2025 PEA represent major advancements for Tower. We rebuilt the geological model from first principles, integrating detailed structural and lithological data to better represent the gold mineralization. Our disciplined approach has strengthened the 2025 MRE, increasing confidence and credibility, while laying the groundwork for more targeted and efficient future drilling. The Tower deposits remain open at depth and along strike to the west and east, with strong potential for expansion. In tandem, the mine plan was also developed using a comprehensive, bottom-up approach grounded in first principles, delivering a technically robust and executable strategy. Opportunities to grow the known mineralization, optimize the mine plan, and enhance project economics will continue to be pursued aggressively. Pre-Feasibility Study work is underway, with completion targeted for 2027. In parallel, we are advancing permitting efforts to potentially bring Tower to shovel-ready status by 2029. We believe Tower is one of a select group of large-scale gold projects in Ontario with a clear path to development in the foreseeable future.”

Construction and Development Plan

Located 100 km east of Timmins, Ontario, along Highway 101, the Project benefits from proximity to existing regional infrastructure, including paved highways, power distribution, and local supply chains. Its proximity to Timmins, Kirkland Lake, and Matheson, provides access to a skilled and experienced labour pool.

The construction plan focuses initially on the development of the OP deposits, supported by the installation of key surface infrastructure, including a processing plant, tailings management facility (“TMF“), and other essential site services. The construction phase will be executed under an Integrated Project Management Team (“IPMT“) model over a 30-month period. Pre-production activities will begin in month 24, with first gold production expected during the subsequent 6-month commissioning and ramp-up phase.

Stripping of overburden will commence at month 7, and OP mining operations will transition to a primarily owner-operated model upon the start of commercial production. Note that certain functions, such as explosives delivery to the hole, will remain under the responsibility of specialized contractors or suppliers.

During the construction period, approximately 58 Mt of OVB will be removed to access mineralized material, with an additional 230 Mt of OVB scheduled for removal over the CML. Upon completion of mill construction, approximately 1.4 Mt of OP mineralized material is expected to be processed during the commissioning period, yielding an estimated 43,181 ounces of pre-production gold.

UG development will begin after the 30-month construction phase and the commencement of commercial production. UG development will focus on lateral development, including the establishment of multiple ramp systems from surface, and the staged acquisition of mobile mining equipment. Over the CML, approximately 191,033 metres (“m“) of lateral development is planned, providing access to 5 mining zones within the UG deposit.

Conceptual Mine Plan

The Project’s 19-year conceptual mine plan contemplates the OP and UG mining of mineralized material from two primary areas:
Golden Highway (western extent) and
Garrison (eastern extent).

OP Mining: The OP mine plan is based on conventional drill, blast, load, and haul methods utilizing double benching of 10-metre benches. The Windjammer deposits (South, Central, and North), located within the Golden Highway Area, contain the majority of the OP mineralization. A total of seven (7) pits with up to three (3) phases each are planned over the CML to sequence mineralized material and manage strip ratios at Golden Highway and Garrison.

OP production is designed for a throughput of approximately 22,000 tpd, or 7.8 Mtpa, at an average head grade of 0.75 g/t Au. The average strip ratio is estimated at 4.3:1 (excluding OVB) and 6.3:1 (including OVB).

The 2025 MRE and 2025 PEA reflect increased estimates for waste rock and OVB relative to the 2022 PEA[7]. These changes are primarily attributable to:

MRE

A reconstructed geological model, developed from first principles, which integrates updated structural and lithological data for improved representation of mineralization geometry.

New geological data from the infill drilling programs has been incorporated in the latest domaining, which more confidently models the mineralized vein domains. This refinement has led to reduced mineralized material and increased classification of surrounding material as waste.

PEA

The adoption of an engineered first-principles pit design, inclusive of ramp placement and minimum mining width constraints, which has decreased overall slope angles and increased waste volumes.

Revised geotechnical parameters, resulting in shallower overburden slopes and, consequently, larger overburden volumes.



UG Mining:
The UG mine plan employs a mechanized long-hole stoping method, accessed through multiple surface portals and ramp systems. Stopes will be mined in a bottom-up sequence, drilled and blasted, and then backfilled with either cemented rock fill or uncemented rockfill, depending on geotechnical and operational requirements.

Planned stope dimensions average 25.0 m (height) 脳 20.0 m (length) 脳 11.5 m (width), with an estimated average stope tonnage of 14,490 tonnes (inclusive of dilution and mining losses). UG operations are expected to contribute approximately 4,760 tpd (1.7 Mtpa) to the mine plan, supported by a consistent cycle of stopes in development, active mining, and backfill phases throughout the CML.

Potential Production: With a 92.7% mill recovery (see “Processing” section), the project is expected to produce 5.2 Moz of payable gold over the CML, averaging 273,000 ounces annually for 19 years (see Tables 2 and 3 and Figure 1 for more details on the conceptual mine plan)

Table 3: 2025 PEA – Conceptual Mine Plan

OP UG Total
Material Waste Rock OVB Grade

Milled
Contained Gold Material Grade

Milled
Contained

Gold
Contained

Gold
Recovery Payable Gold
Year (Kt) (Kt) (Kt) (g/t Au) (Koz) (Kt) (g/t Au) (Koz) (Koz) (%) (Koz)
-2 27,828
-1 1,437 12,060 30,060 1.08 50 50 86.6% 43
1 9,225 32,184 28,117 1.05 312 1 1.89 0.08 312 91.5% 285
2 9,056 25,865 29,900 0.76 223 364 2.43 29 251 92.5% 232
3 8,016 31,925 30,005 0.91 233 1,480 2.43 115 349 88.9% 310
4 7,752 30,588 29,831 0.83 207 1,745 2.34 131 339 93.4% 316
5 7,770 46,683 12,535 0.64 160 1,739 2.00 112 271 92.9% 252
6 7,755 34,664 25,007 0.66 164 1,756 2.22 125 289 92.8% 269
7 7,741 59,511 2,748 0.78 193 1,732 2.16 120 314 92.8% 291
8 7,821 61,921 258 0.74 187 1,711 2.27 125 311 92.8% 288
9 7,647 61,842 0.65 161 1,641 2.29 121 281 92.9% 262
10 7,787 49,256 0.59 147 1,719 2.37 131 278 93.0% 258
11 7,680 37,168 0.65 161 1,767 2.30 131 291 92.6% 270
12 7,787 27,898 4,212 0.60 150 1,724 2.30 127 277 92.9% 257
13 7,791 19,156 16,673 0.65 163 1,700 2.59 142 305 93.4% 285
14 7,744 13,870 23,304 0.67 167 1,763 2.72 154 322 93.4% 300
15 7,739 30,128 6,743 0.86 213 1,722 2.46 136 349 93.1% 325
16 7,699 26,037 1,961 0.83 205 1,629 2.59 136 341 93.5% 318
17 7,657 15,970 15,345 0.72 178 1,562 2.34 118 296 92.9% 275
18 8,188 26,949 3,728 0.74 195 887 2.06 59 253 93.4% 237
19 5,922 8,993 0.89 170 170 95.0% 161
Total 150,211 652,667 288,254 0.75 3,638 26,643 2.35 2,011 5,649 92.70% 5,234

* Figures may vary slightly due to rounding

Processing

The 2025 PEA contemplates processing mineralized material through a conventional milling, gravity concentration, and leaching circuit. The processing plant is planned to be located in the Golden Highway Area, strategically positioned near the center of gravity of the CML tonnage to optimize haulage efficiency across the project. The processing plant includes a primary crusher, semi-autogenous grinding (“SAG“) mill including pebble crushing, gravity recovery circuit integrated with intensive leach reactor, two ball mills, followed by a Leach-CIP Carousel (“CIL“) recovery process, Carbon desorption and regeneration, electrowinning circuit, gold room, and cyanide destruction.

The processing plant is designed to operate at up to 26,030 tpd, equivalent to approximately 9.5 Mtpa. Average gold recovery is estimated at 92.7%.

Other Site Infrastructure

The 2025 PEA includes the phased construction of a conventional TMF, located in the Garrison Area (near Buffonta) of Tower. The TMF is designed to accommodate all CML tailings generated by the processing facility. In addition to the processing plant and TMF, major site infrastructure will include:

A truck shop and supporting maintenance buildings

Site-wide haul roads

A high-voltage transmission line

A 400-person camp

An effluent water treatment plant

Surface water management ponds

Site admin buildings, mine dry, assay lab, as well as other pertinent infrastructure

This infrastructure layout has been optimized to support phased development and long-term operational efficiency. See Figure 2 for the proposed Tower site infrastructure layout.

Capex and Opex

Please refer to Tables 4 and 5 for the capex and opex summaries, respectively. Initial capex and sustaining capex assume the full upfront purchase of equipment without the use of lease financing.

Table 4 – Summary of the 2025 PEA Capex*

Capex item Initial

(C$M)
Sustaining

(C$M)
Total

(C$M)
Infrastructure $123 $12 $135
Power & Electrical $214 $214
Water Management, TMF & Earthworks $135 $108 $243
Surface Operations $29 $29
Open Pit Mining $355 $769 $1,124
UG Mining $834 $834
Processing (including the mill) $265 $265
General Services (Owner’s Costs) $85 $85
Pre-Production, Start-Up, & Commissioning $187 $187
Total Directs: $1,393 $1,723 $3,115
Total Indirects $235 $235
Closure Cost & Monitoring Costs $77 $77
Salvage Value ($44) ($44)
Contingency $246 $246
Total Capex $1,873 $1,756 $3,628
Less: Pre-Prod. Credit net of TC/RC & Royalties ($144) ($144)
Total Capex Net of Pre-Prod. $1,729 $1,756 $3,485

*Figures may vary slightly due to rounding

Table 5 – Summary of the 2025 PEA Opex*

Opex Item CML (C$M) Unit (C$/t) Unit (per oz)
Total Mining (OP+UG) C$5,935 $33.84/t milled C$1,143 (US$853)
OP mining (less capex) C$3,603 $20.54/t milled
UG mining C$2,333 $13.30/t milled
Processing (incl. power) C$2,086 $11.89/t milled C$402 (US$300)
G&A C$786 $4.48/t milled C$151 (US$113)
Total operating cost C$8,807 $50.21/t milled C$ 1,697 (US$1,266)
Refining and transport C$35 C$7
1.5% royalties (Garrison) C$59 C$11
Total Cash Costs5 C$8,901 C$50.74/t C$1,715 (US$1,280)
Total AISC6 C$10,700 C$2,059 (US$1,537)
Total AIC6 C$12,575 C$2,403 (US$1,793)

* Figures may vary slightly due to rounding

#AIC includes pre-production costs, tonnes, and ounces

Figure 1: Annual Potential Production, Cost and FCF Profile



To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/4852/252346_1d89f24db4ba7994_001full.jpg

Taxes, Royalties, and Other Production Taxes

Corporate taxable income for operations in Ontario are subject to a combined (federal and provincial) income tax rate of 26.5%. Tower would qualify for the Ontario manufacturing and processing tax credit. Furthermore, the Ontario Mining Regulations require the payment of Ontario Mining Tax (“OMT“) levied at a rate of 10.0% on taxable profits, in excess of C$500,000, which is incorporated into the financial model. OMT is deductible in calculating taxable income for corporate purposes. In the Garrison Area of Tower, the properties contain an average net smelter royalty (“NSR“) of 1.5%.

Economics

Using a base case gold price of US$2,500 per ounce and a USD:CAD exchange rate of 1.34, the Tower Gold Project is estimated to generate an after-tax NPV5% of US$1.0 billion and an after-tax IRR of 13.4%. Sensitivity tables (see Table 8) have been prepared to illustrate the impact of key variables on project economics, including fluctuations in gold price, capital and operating costs, and discount rate.

Permitting

The 2025 PEA provides the basis for the project notice and project description that will kick off the Provincial and Federal permitting process for Tower, including the Federal Impact Assessment (“IA“) and associated environmental studies. STLLR will continue to engage with local Indigenous communities and municipalities as we advance to the next stage of our Tower project.

Tower 2025 MRE8

The 2025 MRE incorporates over 516,770 m of drilling from 1,848 holes and was independently prepared by InnovExplo (a member of Norda Stelo Inc.) in accordance with National Instrument 43-101 –
Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators (“NI 43-101“) and follows current CIM Definition Standards (2014) and CIM MRMR Best Practice Guidelines (2019). For more details, see Tables 6 and 7 for the summary and breakdown by deposit, respectively.

The 2025 MRE is comprised of 9 deposits in two areas (see Figures 4 and 5 for OP and UG block model diagrams):

Golden Highway Area: 55 Zone, Westaway, Southwest, Windjammer South, Windjammer Central, and Windjammer North9.

Garrison Area: 903, Jonpol and, Garrcon.

The 2025 MRE has an effective date of May 2, 2025 and supports the 2025 PEA.

Table 6: 2025 MRE Summary8* (Effective date of May 2, 2025). Please review “Notes to Accompany the 2025 MRE” for additional information.

Potential

mining method
Indicated Mineral Resource Inferred Mineral Resource
Tonnes

(Kt)
Grade

(g/t Au)
Contained Gold

(oz Au)
Tonnes

(Kt)
Grade

(g/t Au)
Contained Gold (oz Au)
OP 135,230 0.84 3,656,400 157,837 0.81 4,133,600
UG 5,194 2.07 345,800 42,456 2.07 2,827,100
Total (OP+UG) 140,424 0.89 4,002,200 200,293 1.08 6,960,700

*Numbers may not add up due to rounding

There is no certainty that the 2025 MRE will be converted to Proven and Probable Mineral Reserve categories or will be realized in the future. Mineral Resource estimates that are not Mineral Reserves do not have demonstrated economic viability. The 2025 MRE may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant risks, uncertainties and other factors, as more particularly described in the Cautionary Statements at the end of this news release.

Notes to Accompany the 2025 MRE

These mineral resources are not mineral reserves as they do not have demonstrated economic viability. The 2025 MRE follows current CIM Definition Standards (2014) and CIM MRMR Best Practice Guidelines (2019). The results are presented undiluted and are considered to have reasonable prospects for eventual economic extraction (“RPEEE“).

The independent and qualified persons for the 2025 MRE on the Golden Highway Area, as defined by NI 43-101, are Martin Perron, P.Eng., Olivier Vadnais-Leblanc, P.Geo. and Simon Boudreau, P.Eng. (InnovExplo), and the effective date of the estimate is May 2, 2025. The independent and qualified persons for the 2025 MRE on the Garrison Area, as defined by NI 43-101, are Martin Perron, P.Eng. and Chafana Hamed Sako, P.Geo., (InnovExplo) and the effective date of the estimate is May 2, 2025.

The estimation encompasses one thousand three hundred four (1,304) wireframes using Leapfrog Geo and interpolated using Surpac on the Golden Highway Area and three hundred forty-five (345) wireframes using Leapfrog Geo and interpolated using Leapfrog Edge on the Garrison Area.

1.0-m composites were calculated within the mineralized zones using the grade of the adjacent material when assayed or a value of 0.0005 when not assayed. High-grade capping on assays (supported by statistical analysis) was set between 15.0 and 25.0 g/t Au for Golden Highway assays and between 20.0 and 80.0 g/t Au for the Garrison assays.

The estimate was completed using an octree sub-block model from Leapfrog Geo for both areas, with a parent block size of 5m x 5m x 5m (X,Y,Z) and a minimum sub-block size of 1.25m x 1.25m x 1.25m (X,Y,Z) for Golden Highway block model and a parent block size of 2.5m x 2.5m x 2.5m (X,Y,Z) and a minimum sub-block size of 1.25m x 1.25m x 1.25m (X,Y,Z) for Garrison block model.

Grade interpolation was obtained by inverse distance squared (ID2) interpolation method using hard boundaries.

Density values of 2.71 was assigned for sediment hosted mineralized zones and 2.82 g/cm3 was assigned for volcanic rocks hosted mineralized zones for Golden Highway Area. Density values result of the “NI 43-101 Report & Preliminary Economic Assessment of the Tower Gold Project”10 of November 29, 2022, by Tommaso et al., 2018 have been used for Garrison.

The Golden Highway Mineral resources were classified as Indicated and Inferred. Indicated resources were defined for blocks if three composites from different drill hole were located inside an ellipsoid of a radius of 50 m, centred on one of those composites and Inferred resources were defined for blocks if two composites from different drill holes were located inside an ellipsoid of a radius of 100 m, centred on one of those composites.

The Garrison Mineral resources were classified as Indicated and Inferred. The Indicated resources were defined for blocks if the three closest holes to the block had an average distance of less than 27.5 m for Garrcon and less than 32.5 m for 903 and Jonpol (based on half the variogram range), and if the block was estimated using pass 1 or pass 2. The inferred resources were defined for blocks if the three closest holes to the block had an average distance of less than 55 m for Garrcon and less than 65 m for 903 and Jonpol (based on the full variogram range), and if the block was estimated using pass 1, pass 2, or pass 3.

The 2025 MRE is locally pit constrained. The out-pit resources meet the RPEEE requirement by applying constraining volumes to all blocks (combined bulk and selective underground long-hole and cut & fill extraction scenarios) using Deswik Mineable Shape Optimizer (DSO).

The RPEEE requirement is satisfied by having cut-off grades based on reasonable parameters for the potential OP and UG extraction scenarios, minimum widths, and constraining volumes. The estimate is presented for potential UG scenarios (realized in Deswik) over a minimum width of 2 m for blocks 25 m high by 20 m or 10 m long for the long-hole method at a cut-off grade of 1.3 g/t Au for the Golden Highway sediment hosted mineralized zones, 1.9 g/t Au for the Golden Highway volcanic rock hosted mineralized zones, 1.29 g/t Au for 903 mineralized zones, 1.22 g/t Au for Garrcon mineralized zones, 1.27 g/t Au for Jonpol no-refractory mineralized zones and 2.09 g/t Au for Jonpol refractory mineralized zones and over a minimum width of 3.5 m for blocks 4.0 m high by 20 m long for the cut-and-fill method at a cut-off grade of 1.35 g/t Au for the Golden Highway sediment hosted mineralized zones and 1.95 g/t Au for the Golden Highway volcanic rock hosted mineralized zones. Cut-off grades reflect the currently defined geometry and dip of the mineralized envelopes. The potential OP component of the 2025 MRE is locally constrained by an optimized surface in GEOVIA Whittle鈩 for Golden Highway and software for Garrison using a rounded cut-off grade of 0.30 g/t Au. The surface cut-off grade was calculated using the following parameters: mining cost = CA$3.00/t; mining overburden cost = CA$2.50/t; processing & transport cost = CA$19.00/t; G&A cost = CA$3.50/t; selling costs = CA$5.00/t; payable gold = 99.95%; gold price = US$1,950/oz; USD/CAD exchange rate = 1.33; overburden slope angle = 25掳; bedrock slope angle = 50掳; and mill recovery = 92.5% for zone 55 / Westaway, 93.3% for Southwest, 94.1% for Windjammer South, 92.2% for Windjammer Central, 89.4% for Windjammer North, (0.993- (0.0828* [Au Head g/t] ^0.4854) / [Au Head g/t])% for Garrcon, 96,11% for 903, 56.20% for Jonpol Refractory and 92.54% for Jonpol Non-Refractory. The UG cut-off grade was calculated using the following parameters for the long hole method: mining cost = CA$74.13/t; processing & transport cost = CA$19.00/t; G&A cost = CA$7.95/t; selling costs = CA$5.00/t; payable gold = 99.95%; gold price = US$1,950/oz; USD/CAD exchange rate = 1.33 and mill recovery = 92.5% for zone 55 / Westaway, 93.3% for Southwest, 94.1% for Windjammer South, 92.2% for Windjammer Central and 89.4% for Windjammer North. The UG cut-off grade was calculated using the following parameters for the cut and fill method: mining cost = CA$120.43/t; processing & transport cost = CA$19.00/t; G&A cost = CA$7.95/t; selling costs = CA$5.00/t; payable gold = 99.95%; gold price = US$1,950/oz; USD/CAD exchange rate = 1.33 and mill recovery = 92.5% for zone 55 / Westaway, 93.3% for Southwest, 94.1% for Windjammer South, 92.2% for Windjammer Central and 89.4% for Windjammer North.

Cut-off grades should be re-evaluated considering future prevailing market conditions (metal prices, exchange rates, mining costs etc.).

The number of metric tonnes was rounded to the nearest thousand, following the recommendations in NI 43-101. The metal contents are presented in troy ounces (tonnes x grade / 31.10348) rounded to the nearest hundred. Any discrepancies in the totals are due to rounding effects.

The qualified persons are not aware of any known environmental, permitting, legal, title-related, taxation, socio-political, or marketing issues or any other relevant issue not reported in the Technical Report that could materially affect the 2025 MRE.



Table 7: 2025 MRE
8 Summary – By Deposit and Mining Method

Indicated Mineral Resource Inferred Mineral Resource
Deposit Mining Method Tonnes

(Kt)
Grade

(g/t Au)
Contained Gold (oz Au) Tonnes

(Kt)
Grade

(g/t Au)
Contained Gold (oz Au)
Golden Highway Area
55 Zone OP 4,294 1.32 182,200 1,640 1.61 84,900
UG 108 1.68 5,800 245 1.77 13,900
Westaway OP 3,958 1.95 248,200 10,416 1.27 425,300
UG 1,169 1.94 73,100 8,702 2.01 562,300
Southwest OP 13,140 0.92 388,700 20,640 0.88 583,900
UG 1,717 2.09 115,300 20,030 2.06 1,327,300
Windjammer South OP 43,459 0.74 1,033,900 23,170 0.72 536,300
UG 80 1.57 4,100 4,220 1.77 240,100
Windjammer Central OP 37,771 0.57 692,200 74,555 0.66 1,582,000
UG 49 1.41 2,200 504 1.53 24,800
Windjammer North9 OP 1,703 1.28 70,100 8,648 0.93 258,600
UG 700 2.03 45,600 2,854 1.90 174,600
Garrison Area
903 OP 14,836 1.08 514,300 12,848 1.09 450,900
UG 348 1.82 20,300 1,741 2.15 120,500
Jonpol OP 1,818 1.20 69,900 1,131 1.01 36,700
UG 344 2.80 31,000 1,350 2.16 94,000
Garrcon OP 14,251 1.00 456,900 4,789 1.14 175,000
UG 679 2.22 48,400 2,810 2.98 269,600
Tower Total
2025 MRE OP 135,230 0.84 3,656,400 157,837 0.81 4,133,600
UG 5,194 2.07 345,800 42,456 2.07 2,827,100
Total 140,424 0.89 4,002,200 200,293 1.08 6,960,700

Over the past 12 months, STLLR has relogged core, rebuilt the geological model with enhanced structural and lithological interpretations, and updated mineral resource blocks using a first-principles approach. These efforts improve confidence in the resource and advance the Tower project toward higher-confidence economic studies. Key updates in the 2025 MRE compared to the 2022 MRE7 include:

Enhanced Geological Model: The 2025 MRE benefits from additional drilling and a comprehensive interpretation of structural and lithological controls on mineralization, which the company believes increases confidence in the resource and the model’s predictability. Advancing beyond the grade-shell approach used in 2022, the enhanced model entailed relogging historical drill core to refine the model and redefining the domaining by vein sets of similar types (laminated, quartz breccia, and stockwork) and by geological controls. The enhanced geological model resulted in the 1) slight decrease in OP grades and 2) reduction in tonnes in OP tonnes at the Southwest Deposit, Westaway Deposit, and 55 Zone Deposit. See Figure 3 for the comparison between 2022 MRE7 and 2025 MRE mineralized vein domaining.

Grade Interpolation Methodology: STLLR adopted the inverse distance squared (“ID2“) method for grade interpolation. Supported by the characteristics of the enhanced geological model, ID2 better honours the grade distribution of the deposits and is a single consistent approach across the project compared to methods used in 2022.

Excluded Data: As part of a rigorous verification process, approximately 35,000 assays from the Jonpol Deposit (Garrison Area) were excluded due to unverifiable historical drill hole certificates. This reduced the mineralized volume and resources in the area. STLLR plans to target these zones in future drilling to potentially expand the 2025 MRE.

Additional Infill Drilling: Since the 2022 MRE, approximately 120 km of infill drilling at Tower has converted some Inferred resources to the Indicated category. However, targeting was based on the previous geological model, limiting the effectiveness of the infill drill program to convert resources to higher confidence categories.

UG Cut-Off Grade: Lower cut-off grades for UG mineralization variable by deposit were applied that increased the mineralized envelope, increasing the overall volume of UG mineralization which enabled the extensive use of bulk mining methods and an overall higher potential production profile.



OP and UG Reasonable Prospect:
In establishing a reasonable prospect for economic extraction, constraints were applied that include an optimized surface pit shell for open pit resources and minable shapes for the underground portion. For the underground component, Deswik Stope Optimizer (DSO) was used to generate stope shapes, incorporating minimum mining widths and other operational parameters to reflect realistic extraction potential. Please refer to “Notes to Accompany the 2025 MRE” for more information on the parameters and assumptions.

Next Steps

STLLR management is focused on advancing the Tower to shovel-ready status. The Company estimates the following next steps and milestones for Tower:

Exploration:

Drill in areas at Jonpol and Garrcon where unvalidated data was removed from the 2025 MRE.

Develop an infill drilling program to potentially update existing Inferred Mineral Resources to the Indicated and Measured categories.

Pre-Feasibility Study (“PFS”) Work:

Additional geotechnical studies to optimize mine design

Complete ongoing PFS-level metallurgical program

Deliver PFS in 24 months. STLLR has already commenced PFS study work.

Complete environmental baseline work and submit IA in 30 months. The company plans to submit a project notice and project description and commence baseline environmental studies.

Deliver Feasibility Study (“FS”) in 36-48 months.



Technical Report and Qualified Persons


A Technical Report prepared in accordance with NI 43-101 in support of the 2025 MRE and 2025 PEA1 (“2025 Technical Report“) will be filed on SEDAR+ (www.sedarplus.ca) within 45 days. Readers are encouraged to read the 2025 Technical Report in its entirety, including all qualifications, assumptions and exclusions that relate to the 2025 MRE and 2025 PEA. The 2025 Technical Report is intended to be read as a whole, and sections should not be read or relied upon out of context.

Scientific and technical information related to the 2025 MRE and 2025 PEA contained in this news release has been reviewed and verified by:

Martin Perron, P. Eng., InnovExplo, 2025 MRE

Olivier Vadnais-Leblanc, InnovExplo, P. Geo., 2025 MRE

Chafana Hamed Sako, InnovExplo, P. Geo., 2025 MRE

Simon Boudreau, P.Eng., InnovExplo, 2025 MRE

Mahamadou Traore P.Eng., G Mining Services, Process, 2025 PEA

Nicolas Vanier-Larriv茅e, ing., G Mining Services, Infrastructure, 2025 PEA

Alexandre Dorval, P. Eng., G Mining Services, OP Mining, 2025 PEA

Carl Michaud, ing., G Mining Services, UG Mining, 2025 PEA

Hind Zniber El Mouhabbis, ing., G Mining Services, Economic analysis, 2025 PEA

Darlene Nelson, P.Eng., WSP, Rock Geomechanics, 2025 PEA

Karel Van Zyl, M.Eng., P.Eng., WSP, Soils Geotechnical, 2025 PEA

Simon Gautrey MSc, MBA, P. Geo., WSP, Hydrogeology, 2025 PEA,

David Maarse, P.Eng., WSP, Hydrology, 2025 PEA

Steve Sibbick MSc. P. Geo., WSP, Closure, 2025 PEA

Dan Russell, P.Geo., WSP, Environment, 2025 PEA

These persons have the ability and authority to verify the authenticity and validity of this data and are independent from the Company.

John McBride, MSc., P.Geo., VP Exploration, and James Gagne, P.Eng., MBA, VP Projects & Technical Services of STLLR, are “Qualified Persons” as defined by NI 43-101 for this Project, have reviewed and approved of the scientific and technical disclosure contained in this news release.

Table 8: 2025 PEA Economics – Sensitivities

Variance After-Tax Results
NPV0%

(C$M)
NPV5% (C$M) IRR (%) Payback (yrs)
Metal Price Sensitivities
70% -$248 -$931 0.0% 19.0
80% $1,080 -$86 4.4% 14.4
90% $2,259 $650 9.2% 8.3
0% $3,438 $1,355 13.4% 5.8
110% $4,617 $2,051 17.4% 4.0
120% $5,796 $2,744 21.1% 3.3
130% $6,975 $3,436 24.7% 2.8
Initial Capital Cost Sensitivities
70% $3,817 $1,745 19.7% 3.5
80% $3,691 $1,616 17.1% 4.0
90% $3,564 $1,486 15.1% 4.7
0% $3,438 $1,355 13.4% 5.8
110% $3,311 $1,222 12.0% 6.5
120% $3,185 $1,088 10.8% 7.0
130% $3,059 $952 9.8% 7.6
Operating Cost Sensitivities
70% $5,197 $2,384 18.8% 3.8
80% $4,608 $2,040 17.1% 4.1
90% $4,022 $1,697 15.3% 4.7
0% $3,438 $1,355 13.4% 5.8
110% $2,856 $1,014 11.5% 6.8
120% $2,277 $672 9.4% 8.2
130% $1,700 $327 7.2% 11.7

Figure 2: Tower: Proposed Site Infrastructure

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/4852/252346_1d89f24db4ba7994_002full.jpg

Figure 3 – Comparison Between 2022 MRE7 vs. 2025 MRE8 Geological Modelling – Mineralized Domains, Plan View

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/4852/252346_1d89f24db4ba7994_003full.jpg

Figure 4: 2025 MRE – OP Mineral Resource Block Model – Isometric View

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/4852/252346_1d89f24db4ba7994_004full.jpg

Figure 5: 2025 MRE – OP & UG Mineral Resource Block Model – Longitudinal Section Looking Northwest

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/4852/252346_1d89f24db4ba7994_005full.jpg

About STLLR Gold

STLLR Gold Inc. (TSX: STLR) (OTCQX: STLRF) (FSE: O9D) is a Canadian gold development company actively advancing two cornerstone gold projects in Canada: The Tower Gold Project in the Timmins Mining Camp in Ontario and the Colomac Gold Project located north of Yellowknife, Northwest Territories. Each of these two projects has the potential for a long-life and large-scale operation and are surrounded by exploration land with favourable upside potential. STLLR’s experienced management team, with a track record of successfully advancing projects and operating mines, is working towards rapidly advancing these projects.

Contact Us

STLLR Gold Investor Relations

+1 (416) 863-2105 |
investors@stllrgold.com |
www.STLLRgold.com

Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the potential timing of the 2025 Technical Report filing, the 2025 PEA and 2025 MRE, the timing of the potential advancement of Tower towards PFS and FS within 24-48 months, the completion of the environmental baseline work and submission of an IA in 30 months, the infill and expansion of the known mineralization at the Project, the planned drilling metres, the capex requirements, the funding of activities in 2025 and beyond, IRR, NPV, AISC, AIC, the future price of gold, cash flow, payback period, LOM and other future financial or operating performance of STLLR and STLLR’s mineral properties and project portfolios, the advancement of the Project towards ‘shovel-ready’ status, long-life and large-scale potential of the Project and exploration upside of the land packages. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “accelerate”, “add” or “additional”, “advancing”, “anticipates” or “does not anticipate”, “appears”, “believes”, “can be”, “conceptual”, “confidence”, “continue”, “convert” or “conversion”, “deliver”, “demonstrating”, “estimates”, “encouraging”, “expand” or “expanding” or “expansion”, “expect” or “expectations”, “fast-track”, “forecasts”, “forward”, “goal”, “improves”, “increase”, “intends”, “justification”, “leading”, “plans”, “potential” or “potentially”, “pro-forma”, “promise”, “prospective”, “prioritize”, “reflects”, “re-rating”, “robust”, “scheduled”, “stronger”, “suggesting” or “suggests”, “support”, “updating”, “upside”, “will be” or “will consider”, “work towards”, 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 information is based on the opinions and estimates of management at the date the information is made, and is based on a number of assumptions and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of STLLR to be materially different from those expressed or implied by such forward-looking information, including risks associated with required regulatory approvals, the exploration, development and mining such as economic factors as they effect exploration, future commodity prices, changes in foreign exchange and interest rates, global inflationary pressures, actual results of current exploration activities, government regulation, political or economic developments, the ongoing wars and their effect on supply chains, tariffs, environmental risks, pandemic risks, permitting timelines, capex, operating or technical difficulties in connection with development activities, employee relations, the speculative nature of gold exploration and development, including the risks of diminishing quantities of grades of reserves, contests over title to properties, and changes in project parameters as plans continue to be refined as well as those risk factors discussed in the Company’s Annual Information Form for the year ended December 31, 2024, available on www.sedarplus.ca. Although STLLR has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that 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 information. Accordingly, readers should not place undue reliance on forward-looking information. STLLR does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Cautionary Statement regarding Mineral Resource Estimates

Until mineral deposits are actually mined and processed, Mineral Resources must be considered as estimates only. Mineral Resource estimates that are not Mineral Reserves and have not demonstrated economic viability. The estimation of Mineral Resources is inherently uncertain, involves subjective judgement about many relevant factors and may be materially affected by, among other things, environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant risks, uncertainties, contingencies and other factors described in the Company’s public disclosure available on SEDAR+ at www.sedarplus.ca. The quantity and grade of reported “Inferred” Mineral Resource estimates are uncertain in nature and there has been insufficient exploration to define “Inferred” Mineral Resource estimates as an “Indicated” or “Measured” Mineral Resource and it is uncertain if further exploration will result in upgrading “Inferred” Mineral Resource estimates to an “Indicated” or “Measured” Mineral Resource category. The accuracy of any Mineral Resource estimates is a function of the quantity and quality of available data, and of the assumptions made and judgments used in engineering and geological interpretation, which may prove to be unreliable and depend, to a certain extent, upon the analysis of drilling results and statistical inferences that may ultimately prove to be inaccurate. Mineral Resource estimates may have to be re-estimated based on, among other things: (i) fluctuations in mineral prices; (ii) results of drilling, and development; (iii) results of future test mining and other testing; (iv) metallurgical testing and other studies; (v) results of geological and structural modeling including block model design; (vi) proposed mining operations, including dilution; (vii) the evaluation of future mine plans subsequent to the date of any estimates; and (viii) the possible failure to receive required permits, licenses and other approvals. It cannot be assumed that all or any part of a “Inferred” or “Indicated” Mineral Resource estimate will ever be upgraded to a higher category. The Mineral Resource estimates disclosed in this news release were reported using Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards for Mineral Resources and Mineral Reserves (the “CIM Standards“) in accordance with NI 43-101.

Cautionary Statement regarding the 2025 PEA

The reader is advised that the 2025 PEA summarized in this news release is only a conceptual study of the potential viability of the Tower’s 2025 MRE, and the economic and technical viability of the Project and its estimated mineral resources has not been demonstrated. The 2025 PEA is preliminary in nature and provides only an initial, high-level review of the Project’s potential and design options; there is no certainty that the 2025 PEA will be realized. The 2025 PEA conceptual mine plan and economic model include numerous assumptions and mineral resource estimates including Inferred mineral resource estimates. Inferred mineral resource estimates are considered to be too speculative geologically to have any economic considerations applied to such estimates. There is no guarantee that Inferred mineral resource estimates will be converted to Indicated or Measured mineral resources, or that Indicated or Measured resources can be converted to mineral reserves. Mineral resources that are not mineral reserves do not have demonstrated economic viability, and as such there is no guarantee the Project economics described herein will be achieved. Mineral resource estimates may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant risks, uncertainties and other factors, as more particularly described herein.

Cautionary Statement to U.S. Readers

This news release uses the terms “Mineral Resource”, “Indicated Mineral Resource” and “Inferred Mineral Resource” as defined in the CIM Standards in accordance with NI 43-101. While these terms are recognized and required by the Canadian Securities Administrators in accordance with Canadian securities laws, they may not be recognized by the United States Securities and Exchange Commission.

The Mineral Resource estimates and related information in this news release may not be comparable to similar information made public by U.S. companies subject to the reporting and disclosure requirements under the United States federal securities laws and the rules and regulations thereunder.

1 Please review the “Cautionary Statement regarding the 2025 PEA” at the end of this news release.

2 Free Cash Flow is a non-IFRS financial measure. Undiscounted and net of Initial and Sustaining Capital Expenditures (“Capex“), and Operating Costs (“Opex“). The Company does not currently have operations and therefore does not have historical equivalent measures to compare to and cannot perform a reconciliation of this non-IFRS financial performance measure.

3 Million tonnes per annum (“Mtpa“) and tonnes per day (“tpd“)

4 Sustaining Capital is a non-IFRS financial measure. The Company does not currently have operations and therefore does not have historical equivalent measures to compare to and cannot perform a reconciliation of this non-IFRS financial performance measure.

5 Total Cash Cost is a non-IFRS financial measure. Total cash costs per ounce are operating costs, composed of mining (UG & OP), processing, water treatment and tailings, mine site G&A, royalty costs, refining and transport, divided by payable gold ounces. The Company does not currently have operations and therefore does not have historical equivalent measures to compare to and cannot perform a reconciliation of this non-IFRS financial performance measure.

6 AISC and AIC are non-IFRS financial measures. AlSC includes cash costs plus sustaining capex and closure. AIC includes AISC plus initial capex. The Company does not currently have operations and therefore does not have historical equivalent measures to compare to and cannot perform a reconciliation of these Non-IFRS financial performance measures.

7 For more information on the Tower 2022 Mineral Resource Estimate (“2022 MRE“) and Preliminary Economic Assessment (“2022 PEA“) effective as of September 7, 2022, please refer to the NI 43-101 technical report titled “NI 43-101 Report & Preliminary Economic Assessment of the Tower Gold Project Northeastern Ontario, Canada”.
The 2022 MRE and 2022 PEA are not current and should not be relied upon, they have been superseded by the 2025 MRE and 2025 PEA respectively.

8 Please review the “Cautionary Statement regarding Mineral Resource Estimates” at the end of the news release.

9 Previously named “Discovery Deposit”

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

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Thai Engineering Student’s Journey at CUHK Exemplifies Excellence in Global Healthcare Innovation /thai-engineering-students-journey-at-cuhk-exemplifies-excellence-in-global-healthcare-innovation/ Thu, 15 May 2025 22:39:08 +0000 /thai-engineering-students-journey-at-cuhk-exemplifies-excellence-in-global-healthcare-innovation/ HONG KONG SAR – Media OutReach Newswire – 14 May 2025 – The Chinese University of Hong Kong (CUHK) continues to attract international talent in specialised fields, as demonstrated by the journey of Jarinyagon CHANTAWANNAKUL, a final-year Biomedical Engineering student from Thailand. Her story highlights CUHK’s growing reputation as a premier destination for healthcare technology …

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HONG KONG SAR –
Media OutReach Newswire – 14 May 2025 – The Chinese University of Hong Kong (CUHK) continues to attract international talent in specialised fields, as demonstrated by the journey of Jarinyagon CHANTAWANNAKUL, a final-year Biomedical Engineering student from Thailand. Her story highlights CUHK’s growing reputation as a premier destination for healthcare technology education in Asia.

CUHK Vice-Chancellor’s Scholarship awardee Jarinyagon CHANTAWANNAKUL (right) from Thailand receives recognition at the University’s Scholarship Presentation Ceremony 2021/22, exemplifying CUHK’s commitment to nurturing international talents. The significant scholarship recognises her outstanding academic achievements and potential contributions to healthcare innovation.

Choosing Excellence in Healthcare Innovation

Jarinyagon selected CUHK after recognising Hong Kong as one of Asia’s few locations offering specialised Biomedical Engineering programmes. The university’s comprehensive infrastructure, including dedicated libraries, laboratories, and teaching hospitals, along with its unique college system and generous hostel policy, proved decisive factors in her choice. Her academic excellence was recognised with the prestigious Vice-Chancellor’s Scholarship, ensuring her financial stability throughout her studies.

Academic Achievement and Research Excellence

Her academic journey has been marked by notable achievements, including the Charles K. Kao Scholarship, which supported her research exchange at Stanford University’s Department of Otolaryngology. Most recently, she secured funding from the Hong Kong Science and Technology Parks Corporation’s (HKSTP) Ideation programme to develop her final year project into a commercial product.

Biomedical Engineering student Jarinyagon CHANTAWANNAKUL gains hands-on research experience during her summer internship at Stanford University's Department of Otolaryngology, School of Medicine.

Biomedical Engineering student Jarinyagon CHANTAWANNAKUL gains hands-on research experience during her summer internship at Stanford University’s Department of Otolaryngology, School of Medicine.

Mentorship and Faculty Support

At CUHK, Jarinyagon has benefited from close mentorship by distinguished faculty members. Professor Scott Wu Yuan has served as her project supervisor, career mentor, and life adviser, while Professor Liting Duan’s guidance as academic adviser has helped ensure her continued success throughout the programme.

Global Exposure and Professional Development

Beyond classroom learning, Jarinyagon’s professional experience includes valuable internships at both Stanford University and a Hong Kong biotech company. Her first full-time paid position as an R&D intern in Hong Kong’s biotech sector provided crucial insights into industry operations and workplace dynamics in one of Asia’s primary business hubs.

Future Impact in Healthcare Innovation

Looking ahead, Jarinyagon aims to leverage her CUHK education to make meaningful contributions to healthcare through innovation. Her involvement with HKSTP’s Ideation programme exemplifies how CUHK prepares students to transform academic projects into practical healthcare solutions.

For Thai Students Considering CUHK

For prospective Thai students, Jarinyagon emphasises CUHK’s strong global reputation and generous scholarship opportunities as key attractions. The university’s diverse cultural environment provides invaluable opportunities for international students to expand their global perspectives while pursuing world-class education.

Hashtag: #CUHK

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

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Infinity Galaxy Analyzes Trump海角直播 Tariff Earthquake In the Global Bitumen Market /infinity-galaxy-analyzes-trumps-tariff-earthquake-in-the-global-bitumen-market/ Thu, 15 May 2025 21:09:09 +0000 /infinity-galaxy-analyzes-trumps-tariff-earthquake-in-the-global-bitumen-market/ DUBAI, UAE – Media OutReach Newswire – 15 May 2025 – A 24% crash in Brent crude prices, a 13% drop in Asian bitumen costs, and a 30% surge in Vietnam’s demand鈥攕ince Donald Trump’s sweeping trade tariffs took effect on April 2, 2025, the global bitumen market has been thrust into unprecedented volatility. Infinity Galaxy, …

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DUBAI, UAE –
Media OutReach Newswire – 15 May 2025 – A 24% crash in Brent crude prices, a 13% drop in Asian bitumen costs, and a 30% surge in Vietnam’s demand鈥攕ince Donald Trump’s sweeping trade tariffs took effect on April 2, 2025, the global bitumen market has been thrust into unprecedented volatility. Infinity Galaxy, a UAE-based leader in bitumen market analysis and supply, provides critical insights into how these shifts are reshaping opportunities for suppliers and buyers across Asia and Africa.

Crude Collapse Reshapes Asia’s Bitumen Trade

Amid fears of a global recession, Brent crude oil prices dropped from around $79 to $60 per barrel from February to mid-April 2025, a decrease greater than 24%.

Simultaneously, the Singapore HSFO 180cst, the main index for Asian bitumen pricing, fell from $450/t to $390/t, down 13%. As a result, the bulk bitumen prices in Singapore dropped from around $450/t to below $400/t.

In South Korea, bitumen prices decreased from about $425/t to $395/t.

Southeast Asia experienced major changes. Vietnam boosted its bitumen consumption by up to 30% due to large-scale infrastructure and road projects. Bitumen consumption in Vietnam is expected to exceed 1.2 million tons in 2025.

In contrast, China and India saw weaker demand. In China, the yuan’s depreciation, construction slowdown, and the onset of a trade war with the US reduced domestic consumption. Also, reports mentioned China exporting bitumen to neighboring countries, further contributing to price declines across East Asia.

Tariffs Opened Africa’s Gates

The shutdown of South Africa’s “Natref refinery” brought domestic production to zero, making the country fully dependent on imports.

As a result, bitumen imports from the Middle East to South Africa surged by more than 25% during March and April 2025.

Europe’s Prices Light Dip Amid Global Shocks

Europe saw a milder decline in bitumen prices. Mediterranean bitumen prices fluctuated between $410/t and $450/t. European buyers experienced only minor changes, with most bulk deals closing at a $10 to $15 discount compared to prices before Trump’s tariff announcement.

Global Bitumen Market’s Shifts

Clear changes emerged in export routes. South Korea’s bitumen exports to Vietnam increased by about 20% in recent months, while Singapore’s market share in Vietnam declined from around 55% last year to below 45%.

On the demand side, African and Asian buyers benefited from increased supply options. Consequently, offered prices at some East African ports dropped by up to 10%, and payment terms became more favorable.

As these conditions persist, the global bitumen market is expected to undergo further volatility and adjustments throughout 2025.

https://infinitygalaxy.org/
https://www.linkedin.com/company/infinitygalaxyco/
https://x.com/InfinityGalaxyT
https://www.facebook.com/InfinityGalaxyCo
https://www.instagram.com/infinitygalaxyco/
https://www.youtube.com/@InfinityGalaxyCo

Hashtag: #business #energy #commidity

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




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Disney海角直播 Stitch Makes a Splash with Exclusive Seaside-Inspired Collection at OH!SOME /disneys-stitch-makes-a-splash-with-exclusive-seaside-inspired-collection-at-ohsome/ Thu, 15 May 2025 19:39:10 +0000 /disneys-stitch-makes-a-splash-with-exclusive-seaside-inspired-collection-at-ohsome/ KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 15 May 2025 – Shoppers at OH!SOME’s Grand Kota Bintang location in Bekasi are being greeted by an exciting and unexpected sight this month: Disney’s mischievous Stitch perched atop the storefront, flashing his signature playful grin. This eye-catching display celebrates the global launch of OH!SOME’s exclusive Stitch …

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KUALA LUMPUR, MALAYSIA –
Media OutReach Newswire – 15 May 2025 – Shoppers at
OH!SOME’s Grand Kota Bintang location in Bekasi are being greeted by an exciting and unexpected sight this month: Disney’s mischievous Stitch perched atop the storefront, flashing his signature playful grin. This eye-catching display celebrates the global launch of OH!SOME’s exclusive Stitch Beach Collection 鈥 a first-of-its-kind collaboration that comes just ahead of Disney’s highly anticipated live-action
Lilo & Stitch release.

This limited-edition collection reimagines Stitch’s universe with refreshing seaside-inspired designs, perfect for summer adventures. Featuring a mix of statement pieces and practical accessories, the collection effortlessly captures the essence of beachside relaxation. From whimsical straw shoulder bags and vibrant bento boxes to plush beach towels and flip-flops, these items are must-haves for every Stitch fan planning a sunny getaway.

“We’re thrilled to bring this exclusive collection to our customers,” shared an OH!SOME representative. “At OH!SOME, we’re all about spreading joy and creating meaningful moments. Whether through our products or interactive events, we aim to be a destination for happy memories.”

Collection Highlights

The Stitch Seaside-Inspired Collection offers a wide range of thoughtful designs, blending functionality with the playful charm of Disney’s beloved character. Standout items include:

Acrylic quicksand blocks featuring Stitch and Angel in beach-themed scenes.

Surfing Stitch charms that add a fun touch to accessories.

Adorable plush toys showcasing Stitch in jellyfish, crab, and anglerfish hats.

Practical essentials like straw shoulder bags, bento boxes, beach towels, and flip-flops designed for style and functionality.

The collection also extends beyond beach essentials to include versatile, everyday items infused with summer vibes 鈥 such as hair accessories, neck pillows, handheld fans, scented candles, and portable chargers. These products bring a touch of holiday spirit into daily routines.

OH!SOME’s Rapid Expansion

Since debuting in Malaysia in September 2024, OH!SOME has quickly become a favorite destination for fun and unique merchandise and has quickly expanded across Kuala Lumpur, Johor, Perak, and other regions, with its sights now set on entering the Singapore market later this month.

Hashtag: #OHSOME

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

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Enabling Mindful Spending: DeCard by DCS and Visa Offers Secure, Frictionless, Real-World Utility 鈥 Micro Credit Card Fueled by Fiat or Digital Assets /enabling-mindful-spending-decard-by-dcs-and-visa-offers-secure-frictionless-real-world-utility-micro-credit-card-fueled-by-fiat-or-digital-assets/ Thu, 15 May 2025 18:09:10 +0000 /enabling-mindful-spending-decard-by-dcs-and-visa-offers-secure-frictionless-real-world-utility-micro-credit-card-fueled-by-fiat-or-digital-assets/ SINGAPORE – Media OutReach Newswire – 15 May 2025 – DCS Card Centre, a leading transformative financial institution that pioneered cashless payments as Diners Club Singapore, and Visa (NYSE: V), a global leader in digital payments, have jointly launched DeCard Visa card 鈥 a regulated micro credit card with a flexible and high limit, allowing …

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SINGAPORE –
Media OutReach Newswire – 15 May 2025 –
DCS Card Centre, a leading transformative financial institution that pioneered cashless payments as Diners Club Singapore, and
Visa (NYSE: V), a global leader in digital payments, have jointly launched
DeCard Visa card 鈥 a regulated micro credit card with a flexible and high limit, allowing users to top up via fiat or, alternatively, with digital assets. Designed to empower individuals to spend only what they already own, without taking on unnecessary financial risk, DeCard Visa card is a next-generation card that delivers flexibility, control, and transparency across both traditional and digital funding sources, all within a seamless and secure experience.

DCS and Visa launch DeCard Visa card 鈥 a micro credit card that supports both fiat and digital asset top-ups.

From left: George Jiang, Chief Product Officer, DCS; Dr. Cyrus Tong, Chief Compliance Officer, DCS; Lionel Lee, MD, Consumer Cards, DCS; Nischint Sanghavi, Head of Digital Currencies, Visa Asia Pacific; Adeline Kim, Visa Country Manager, Singapore & Brunei; Cheng Haoran, Chief Operating Officer, DCS; Elsa Qiu, Chief Commercial Officer, DCS; Dayna Leng, Chief Marketing Officer, DCS; Kerri Teo, Visa, Head of Sellers & Fintechs, Singapore & Brunei.

Meeting the Demands of Digital Growth and Informed Spending

In 2024,
26% of Singapore residents owned digital assets 鈥 up from 24.4% the year before 鈥 with over half having used them for payments and 67% planning to increase usage. At the same time, contactless credit, debit, and prepaid cards remain the
most preferred payment method among Singaporeans at 34%, with the
prepaid segment projected to reach over US$13 billion by 2028 鈥 reflecting a strong consumer shift toward accessible, controlled spending options.

DeCard addresses both trends by offering a spend-what-you-have-model that helps users unlock their fiat or digital assets for everyday use without the burden of overspending. It provides an accessible and frictionless way for users to tap into existing value 鈥 without promoting new digital asset adoption.

Unlike traditional credit or debit cards, DeCard Visa card operates on a top-up model, where users fund the card through SGD transfers, with the option of using digital assets for those already active in the Web3 community.

DeCard Visa card allows these Web3 users to seamlessly convert USDT and USDC into fiat currency for local and global spending through MAS-licensed Digital Payment Token (DPT) service providers. These partners handle all token-to-fiat conversions in full alignment with Singapore’s Payment Services Act for digital assets. Leveraging on Visa’s extensive merchant network, DeCard holders can spend digital assets at
over 150 million merchant locations worldwide. The process ensures secure, transparent transactions while adhering to local licensing standards and the MAS’ guidelines on responsible innovation, operating within Singapore’s financial framework.

With over 50 years of banking heritage, DCS is a MAS-regulated card issuer under the Banking Act and the pioneer of cashless payments in Singapore as Diners Club Singapore. DCS adheres to stringent banking standards and ensures bank-grade security, applying the same regulatory-first commitment when bridging Web2 and Web3 ecosystems 鈥 prioritising governance while enabling evolving digital behavior. The DeCard Visa card is part of DCS’s broader strategy to drive secure, transparent efficiency and real-world digital utility for both traditional and Web3-aligned users.

“At DCS, we believe users should have more clarity and control over their spending 鈥 not less,” said
Elsa Qiu, Chief Commercial Officer at DCS Card Centre. “By enabling top-ups through fiat or digital assets, we’re allowing both mainstream and Web3-savvy users to manage their money on their own terms 鈥 all within Singapore’s trusted regulatory framework. Our partnership with Visa strengthens this commitment by combining global acceptance with secure, compliant innovation.”

“We are proud to partner with DCS to launch a credit card in Singapore, that bridges traditional finance with digital assets. This innovation enables consumers to convert their stablecoins to fiat for their transactions, allowing seamless payments at any Visa-accepting merchant worldwide. This card programme represents a significant step towards an integrated financial ecosystem where stablecoins can be used for everyday commerce, giving consumers more options in how they access and use their digital assets, while maintaining the security and convenience that Visa can provide,” said
Nischint Sanghavi, Head of Digital Currencies 鈥 Asia Pacific.

Key highlights of DeCard Visa card include

Real-World Ready Funding Options

Top-up via SGD transfers or select digital assets (via licensed partners)

High flexible spending and top-up limit



Cost Effective Digital Asset Management

Competitive single conversion cost from digital assets to SGD, eliminating additional FX fees for local spending

Over 50% savings on FX transaction fees compared to typical industry rates*

No annual fees

ATM withdrawal fee capped at SGD5 or 1% (whichever is lower)

Cash withdrawals are available at ATMs worldwide (except Singapore)



Digital Wallet Ready

Compatible with Google Pay and Apple Pay



Safe and Trusted

Issued by DCS, a MAS-regulated financial institution under the Banking Act

*The calculation is based on a foreign transaction fee rate of 3.25%, which applies to the majority of credit cards in Singapore.

https://www.moneysmart.sg/credit-cards/overseas-spending

The DeCard Visa card is foundational to reshaping and modernizing the incumbent payments landscape, starting with Singapore and a vision to scale internationally. Through this card product, DCS is committed to providing secure, flexible, and future-ready payment solutions, paving the way to bridge traditional finance and digital assets with everyday spending globally.

For more information about DeCard, visit:
https://thedecard.com/dcscc/en.

https://dcscc.com/
https://www.linkedin.com/company/dcscc/
https://x.com/TheDeCard
https://www.facebook.com/dcscards
https://www.instagram.com/dcscardcentre/

Hashtag: #DCS #decard #web3 #digitalasset #defi #tradfi #web2 #digitallifestyle #digitalpayments #crypto #fiat

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




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Automakers focus on R&D and design investment as China’s electric vehicle exports increase /automakers-focus-on-rd-and-design-investment-as-chinas-electric-vehicle-exports-increase/ Thu, 15 May 2025 16:39:10 +0000 /automakers-focus-on-rd-and-design-investment-as-chinas-electric-vehicle-exports-increase/ GUANGZHOU, CHINA – Media OutReach Newswire – 15 May 2025 – The market size of new energy vehicles in China is expanding, and automakers are constantly carrying out innovative reforms. In the first four months of 2025, China’s automobile production and sales both surpassed 10 million units for the first time, according to data released …

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GUANGZHOU, CHINA –
Media OutReach Newswire – 15 May 2025 – The market size of new energy vehicles in China is expanding, and automakers are constantly carrying out innovative reforms.

In the first four months of 2025, China’s automobile production and sales both surpassed 10 million units for the first time, according to data released by the China Association of Automobile Manufacturers (CAAM).

A report from the Passenger Car Market Joint Branch of the China Automobile Dealers Association pointed out that in April, China’s export volume of new energy passenger vehicles reached 189,000 units, increasing by 44.2 percent year-on-year and 31.6 percent month-on-month, accounting for 44.6 percent of the total passenger vehicle exports, up by 14 percentage points compared with the same period last year.

Under this trend, Chinese automakers, such as GAC Group, have increased their investment in research and development, especially by constantly innovating in the field of design to meet the needs of young consumers.

Chen Ping-chun, an exterior designer of GAC, introduced that in the current electric vehicle industry chain, automotive designers play the role of “magicians,” aiming to turn an attractive pattern into a product. Besides retaining creativity, it also needs to comply with the norms of the automotive industry.

Chen Ping-chun introduced that the vehicle appearance he made at that time was the first new energy vehicle with gull-wing doors among the self-owned brands of Chinese automakers. Due to its fashionable body lines, it received a lot of praise.

Chen Ping-chun was born in Taiwan and later went to work in Guangdong Province. He said that while living on the Chinese mainland, he found that the most common vehicles he saw on the roads were new energy vehicles. In terms of autonomous driving, some Chinese automakers represented by GAC have already taken the leading position internationally, said Chen.

Hashtag: #ChinaNewsService

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

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Hong Kong and Kuwait: Partnering for Success /hong-kong-and-kuwait-partnering-for-success/ Thu, 15 May 2025 15:09:09 +0000 /hong-kong-and-kuwait-partnering-for-success/ HONG KONG SAR – Media OutReach Newswire – 15 May 2025 – A delegation of more than 50 business leaders from Hong Kong and Mainland China, led by Chief Executive of the Hong Kong Special Administrative Region (HKSAR) John Lee, concluded a fruitful visit to Kuwait yesterday (May 14), reaching a raft of bilateral accords …

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HONG KONG SAR –
Media OutReach Newswire – 15 May 2025 – A delegation of more than 50 business leaders from Hong Kong and Mainland China, led by Chief Executive of the Hong Kong Special Administrative Region (HKSAR) John Lee, concluded a fruitful visit to Kuwait yesterday (May 14), reaching a raft of bilateral accords and paving the way for closer links between Hong Kong and Middle East.

“We are here to better understand the opportunities of Kuwaiti business and investment. To explore how Hong Kong, Mainland China and Kuwait, working together, can create long-term mutual opportunities,” Mr Lee told nearly 300 local business leaders attending a luncheon themed “Partnering for Success 鈥 Hong Kong as a ‘Super Connector’ and ‘Super Value-Adder'”.

At the luncheon, government departments, enterprises, and organisations from Hong Kong, Mainland China, and Kuwait exchanged and announced 24 memoranda of understanding (MOUs) and co-operation agreements, covering areas such as economy and trade, investment, financial services, technology, legal co-operation, cargo clearance and flow, aviation, post-secondary education and sports. These include a new MOU signed between the Airport Authority Hong Kong and Kuwait Airways, aimed at enhancing aviation connectivity between the two regions.

HKSAR’s Chief Executive John Lee (third left) witnesses exchange of agreements reached between government departments, enterprises, and institutions from Hong Kong, Mainland China and Kuwait.

Mr Lee further announced that, from today (May 15) the United Arab Emirates will grant Hong Kong 30-day visa-free access, while Oman will extend its visa-free period from 10 to 14 days.

Hong Kong is exploring closer ties with the Gulf Cooperation Council (GCC), which includes Kuwait currently holding presidency. Mr Lee said the country wields significant influence in the region’s development.

“Hong Kong’s trade with the GCC last year reached nearly US$20 billion, up 53 per cent over the past four years. And that robust growth is underpinned by our mutual will to advance trade ties,” Mr Lee said. “Indeed, our burgeoning trade and investment co-operation, I believe, could well add momentum to the possibility of a free trade agreement between Hong Kong and the GCC.”

Earlier, (May 13) Mr Lee met with the Amir of the State of Kuwait, His Highness Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, Crown Prince His Highness Sheikh Sabah Al-Khaled Al-Hamad Al-Mubarak Al-Sabah, and Acting Prime Minister His Excellency Sheikh Fahad Yousuf Saud Al-Sabah, to exchange views on strengthening co-operation between Hong Kong and Kuwait including areas such as finance, trade, and innovation and technology.

Mr Lee (left) meets Amir of the State of Kuwait His Highness Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah (right).

Mr Lee (left) meets Amir of the State of Kuwait His Highness Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah (right).

Mr Lee highlighted that Hong Kong enjoys the advantage of connecting China with the world under the “one country, two systems” principle. He welcomed the Kuwaiti Government and enterprises to utilise Hong Kong’s role as a “super connector” and “super value-adder” to explore new opportunities under the Belt and Road Initiative for mutual benefit.

The Chief Executive led delegation members on several company visits in Kuwait. These included Bukhamseen Group Holding Company, where he introduced Hong Kong’s development opportunities and its highly internationalised and market-oriented business environment with its pool of professional services talent.

Mr Lee and the delegation also visited Zain Group, a major mobile telecommunications company, to learn about its business in innovative technologies and digital communications, and exchange views on topics such as drones, AI, and smart city development.

Mr Lee (second right) visits the Sheikh Abdullah Al Salem Cultural Centre in Kuwait.

Mr Lee (second right) visits the Sheikh Abdullah Al Salem Cultural Centre in Kuwait.

On the cultural front, Mr Lee toured the Sheikh Abdullah Al Salem Cultural Centre to learn about Kuwait’s arts and culture projects and developments. He noted that both Hong Kong and Kuwait place importance on arts and culture development, and he said he looks forward to further deepening connections and co-operation in cultural exchanges between the two places.

https://www.brandhk.gov.hk/
https://www.linkedin.com/company/brand-hong-kong/
https://x.com/Brand_HK/
https://www.facebook.com/brandhk.isd
https://www.instagram.com/brandhongkong

Hashtag: #hongkong #brandhongkong #asiasworldcity #collaboration #partnering #Kuwait #beltandroad

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




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Captiva Verde Welcomes Simon Lester to the Advisory Board /captiva-verde-welcomes-simon-lester-to-the-advisory-board/ Thu, 15 May 2025 13:39:08 +0000 /captiva-verde-welcomes-simon-lester-to-the-advisory-board/ Vancouver, British Columbia – Newsfile Corp. – May 15, 2025 – Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF) (“Captiva Verde”), a public company listed on the Canadian Securities Exchange under the trading symbol PWR and further listed on the US OTC Market under the trading symbol CPIVF announces that Simon Lester has joined …

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Vancouver, British Columbia –
Newsfile Corp. – May 15, 2025 – Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF) (“Captiva Verde”), a public company listed on the Canadian Securities Exchange under the trading symbol
PWR and further listed on the US OTC Market under the trading symbol
CPIVF announces that Simon Lester has joined our Advisory Board to provide guidance on our creation of the world’s only pure virgin water bottling platform making only absolute pure water created by the Genesis Systems’ patented suite of commercial scale atmospheric water making devices and technology.

The global bottled water business is expected to soar to USD $500 Billion by 2030. Over one-third of all packaged beverages consumed were water. Alcoholic beverages were second. In 2024, bottled water worldwide generated USD $364 Billion.

Simon Lester has over 30 years of beverage and consumer product experience in Canada, the US, UK & Europe. He has built his career around identifying innovative beverage and food concepts and successfully finding their markets and scaling the businesses.

Simon was co-founder, President & CEO of the ESKA bottled water business in Canada, one of Canada’s leading bottled water brands, establishing a unique purity position for the brand based on its glacially formed aquifer in Quebec. ESKA went from a start-up to being sold across in thousands of retail outlets including Costco, Walmart and Amazon in the USA and Canada. Eska is a top ten bottled water company. Captiva Verde, through use of the Genesis water technology, will target the entire US and Canada, as well as hotels and government agencies across North America.

In the 1990’s, Simon started and built Cott Corporation (now Refresco)’s premium private label beverage business in the UK & Europe, where be established significant market share in the soda business and built joint ventures in Europe with the Virgin Group and with Cadbury Schweppes.

In the early 2000’s, Simon acquired a novel carbohydrate technology from Leeds University in the UK and built a specialist sports beverage company, Galactogen Products, which provided endurance athletes with superior energy and hydration properties. This business was successfully exited with a sale to Cadbury Schweppes PLC.

Currently co-founder and CEO of Canada’s privately held Radically Good Food Company, which is a specialist consumer products business that has established a unique position as an ultra-clean “free-from” organic chocolate brand, which supplies many successful snack brands with pure chocolate. In this role, Simon pioneered the development of a chocolate brand for a leading social media figure, which has become a breakthrough chocolate brand in the US and internationally.

Simon’s early experience was with Cadbury Schweppes in the UK and USA, as well serving a term in the consulting business with Monitor Group (now Monitor Deloitte). Simon has an MBA from INSEAD in France and an MA from Oxford University.

Jeff Ciachurski, CEO of Captiva Verde, says: “We are honoured to have corporate leaders such as Simon Lester guide our journey into true pure virgin water sales that provides economic opportunities wherever possible. Our leadership will help solve the impending global water crisis where governments and private citizens are pushing back on using precious water tables and native waterways for bottled water production. There is a sacred uniqueness of creating pure virgin drinking water from the atmosphere that is not only 100% sustainable and pure, but, in addition, does not require any exploitation of the precious remaining ground water tables.” MDC will assist with sales in Canada.

About Matnaggewinu Development Corp (MDC)

Matnaggewinu Development Corp (MDC) is a Mi’kmaq-led development corporation that focuses on advancing economic opportunities, fostering self-sufficiency, and supporting Mi’kmaq communities through initiatives in affordable housing, health and wellness, pure drinking water, aerospace, defense, and sustainable infrastructure development. Founded by Nowlen Augustine, MDC is dedicated to creating long-term, sustainable economic growth for indigenous communities. MDC is 49% owned by Captiva Verde.

About Captiva Verde Wellness Corp.

Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF) is a publicly traded company listed on the Canadian Securities Exchange and the US OTC Market. The company focuses on sustainable housing, health, and wellness initiatives in Indigenous communities and is expanding into aerospace, defense, and space systems. Captiva Verde partners with organizations like MDC to promote economic reconciliation and self-sufficiency.

On Behalf of the Board of Directors

“Jeff Ciachurski”

Jeffrey Ciachurski

Chief Executive Officer and Director

Cell: (949) 903-5906

E-mail:
westernwind@shaw.ca

Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This news release includes “forward-looking statements” and “forward-looking information” within the meaning of Canadian securities laws and United States securities laws (together, “forward-looking statements”). All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements with respect to the expansion of Captiva’s health and wellness platform.

Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, “potential”, “target”, “budget”, “propose” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions and includes the negatives thereof.

Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which the Company operates, are inherently subject to significant operational, economic, and competitive uncertainties, risks and contingencies. These include assumptions regarding, among other things: general business and economic conditions. There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include those described under the heading “Risks and Uncertainties” in the Company’s most recently filed MD&A (a copy of which is available under the Company’s SEDAR+ profile at
www.sedarplus.ca). The Company does not undertake to update or revise any forward-looking statements, except in accordance with applicable law.

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

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Zeagoo Europe海角直播 Mother海角直播 Day Campaign Enters Final Days 鈥 Celebrate Confidence with Fashion /zeagoo-europes-mothers-day-campaign-enters-final-days-celebrate-confidence-with-fashion/ Thu, 15 May 2025 12:09:11 +0000 /zeagoo-europes-mothers-day-campaign-enters-final-days-celebrate-confidence-with-fashion/ BERLIN, GERMANY – Media OutReach Newswire – 15 May 2025 – Zeagoo Europe海角直播 Mother海角直播 Day campaign, themed 鈥淯nwrap Confidence 鈥 A Present to You,鈥 is now in its final stretch, running through May 20. This campaign encourages mothers to take the occasion as a moment for themselves鈥攏ot just to receive gifts, but to choose one …

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BERLIN, GERMANY –
Media OutReach Newswire – 15 May 2025 – Zeagoo Europe海角直播 Mother海角直播 Day campaign, themed 鈥淯nwrap Confidence 鈥 A Present to You,鈥 is now in its final stretch, running through May 20. This campaign encourages mothers to take the occasion as a moment for themselves鈥攏ot just to receive gifts, but to choose one for their own well-being. Rather than focusing on traditional celebrations, Zeagoo highlights the importance of self-confidence and everyday self-respect.

This year海角直播 campaign speaks directly to the heart of what Mother海角直播 Day represents鈥攇ratitude, strength, and care鈥攏ot just for others, but for oneself. In a world where mothers are often expected to give endlessly, Zeagoo shifts the narrative. The message is simple: 鈥淭hank you, Mom. Now it海角直播 your turn.鈥

Fashion Meets Empowerment



For this year海角直播 Mother海角直播 Day campaign, Zeagoo has selected a collection of versatile, summer-ready wardrobe staples designed to balance style, comfort, and affordability. The curated range includes dresses, blouses, and tops鈥攁ll available at discounted prices during Mother海角直播 Day promotion.

For casual outings, travel, or warm-weather days, the Zeagoo Summer Dress Women’s Round Neck T-Shirt Dress and the Zeagoo Women’s Elegant V-Neck Summer Dress offer breathable fabrics, flattering cuts, and thoughtful details like pockets and ruffle sleeves鈥攊deal for comfort and style in one.

For versatile everyday wear, the Zeagoo Women’s Summer V-Neck T-Shirt Blouse and the Zeagoo Women’s Batwing Chiffon Blouse provide lightweight coverage and relaxed silhouettes, making them suitable for both work and weekend settings.

For layering or effortless street style, the Zeagoo Women’s Basic Long Sleeve Y2K Crop Top and the Zeagoo Women’s Summer Spaghetti Strap Tank Top deliver flexible fits in soft, breathable materials鈥攑erfect for mixing into both casual and trend-focused looks.

These pieces are designed not just to dress well, but to support women in feeling confident and comfortable wherever the day takes them.

This campaign repositions the idea of gifting not as a gesture of thanks to mothers as passive recipients, but recognizes their multifaceted identities. It honors mothers not only in their caregiving roles, but also as individuals with their own ambitions, styles, and needs. By offering versatile, comfortable, and confidently designed clothing, the campaign supports mothers in reclaiming space for themselves. The true gift is not the product itself, but the affirmation of their whole selves.

Hashtag: #Zeagoo

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

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The Whole World is Dancing to “Chicken Banana” /the-whole-world-is-dancing-to-chicken-banana/ Thu, 15 May 2025 10:39:12 +0000 /the-whole-world-is-dancing-to-chicken-banana/ BERLIN, GERMANY – Newsaktuell – 15 May 2025 – What do a chicken, a banana, and billions of views have in common? Chicken Banana 鈥 the viral hit from Swedish duo Maads and Bruno (Crazy Music Channel) 鈥 has exploded online to become one of 2025’s biggest TikTok trends. Listen to the song here The …

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BERLIN, GERMANY – Newsaktuell – 15 May 2025 – What do a chicken, a banana, and billions of views have in common? Chicken Banana 鈥 the viral hit from Swedish duo Maads and Bruno (Crazy Music Channel) 鈥 has exploded online to become one of 2025’s biggest TikTok trends.

Listen to the song here

The numbers are staggering: 10 billion views globally across all major platforms, with 2 billion views on TikTok, 6.5 billion on YouTube Shorts, and 1.9 million TikTok creations. The official video has topped 34 million views, with streams nearing 300,000 per day. Chicken Banana isn’t just a song 鈥 it’s a cultural moment.

It’s simple, silly, and catchy choreography has sparked a global dance movement. From
kids and
families to
farmers and
grandparents, the trend has crossed age and cultural lines. Celebrities like
@ginjiro_koyama and
@ciizezphr, plus celeb families like
@carlosferiag and
@lafamiliagomes, have all joined the wave.

Mainstream media has picked it up too, with features on Germany’s
贵谤眉丑蝉迟眉肠办蝉蹿别谤苍蝉别丑别苍,
Dancing with the Stars Austria, and even in
German Schlager pop. The trend’s universality and low barrier to entry have helped it thrive everywhere.

Plenty of companies haven’t missed out – everyone from entertainment groups to video game franchises and even
supermarkets have jumped on the Chicken Banana trend, putting their own creative spin on it.

So why is it so irresistible? A bouncy electro-house beat, a modulated bassline, and a looping male voice chanting “Chicken Banana” with an Indian flair 鈥 it’s hypnotic and absurd in the best way.

To truly understand TikTok, you need to know
Chicken Banana. And once you do, you’ll suddenly understand a whole lot more.

– Video is available at
AP 鈥

Download & Stream: https://crazymusicchannel.lnk.to/ChickenBanana

TikTok:
https://www.tiktok.com/music/Chicken-Banana-7465696476092042006

SOCIALS:

YouTube: https://www.youtube.com/channel/UCY27hxWP4QRIvTnJvrfGJoA

Instagram:
https://www.instagram.com/crazymusicchannel/

TikTok: https://www.tiktok.com/@crazymusicchannel

SoundCloud: https://soundcloud.com/crazymusicchannel

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




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