Trade Issues – Business Times Oman http://www.businesstimesoman.com Wed, 20 Sep 2023 11:59:46 +0000 en-US hourly 1 https://wordpress.org/?v=5.3.2 Acino significantly expands presence and capabilities in Latin America through acquisition of M8 Pharmaceuticals http://www.businesstimesoman.com/acino-significantly-expands-presence-and-capabilities-in-latin-america-through-acquisition-of-m8-pharmaceuticals/ http://www.businesstimesoman.com/acino-significantly-expands-presence-and-capabilities-in-latin-america-through-acquisition-of-m8-pharmaceuticals/#respond Wed, 20 Sep 2023 11:59:46 +0000 http://www.businesstimesoman.com/?p=309134 Zurich, Switzerland, Sept. 20, 2023 (GLOBE NEWSWIRE) — Acino, a Swiss pharmaceutical company headquartered in Zurich, today announced that it has entered into an agreement to acquire M8 Pharmaceuticals (M8), a fast–growing specialty biopharmaceutical company, headquartered in Mexico City and focused on licensing, marketing, and distributing innovative and established medicines in Mexico and Brazil.

Through this acquisition, Acino will enter the two largest pharmaceutical markets in Latin America, significantly expanding its geographic footprint and strengthening its position in the region, providing a more powerful and comprehensive offering for healthcare professionals and patients. The acquisition will complement Acino's existing Latin American division, which is based in Panama and operates across eight countries in Central America, the Caribbean, and Ecuador, delivering high–quality medicines to improve people's health in this key region.

M8, a Montreux Growth Partners portfolio company, has a highly successful record of signing exclusive licensing agreements with large pharmaceutical and biotech companies for the rights to market and commercialize products in Latin America. M8 brings a portfolio of well–known proven brands and innovative products, a best–in–class deal–making platform and an outstanding reputation among its partners. Moreover, it has built a large pipeline across a broad range of key therapeutic areas, including CNS, cardiometabolism, respiratory, gastroenterology, oncology and hematology, and rare diseases.

Andrew Bird, Interim CEO at Acino commented: "This is a transformative deal for Acino, significantly expanding our presence in Latin America and delivering against our overall strategy and stated intention to increase patient's access to high–quality pharmaceuticals and diversify our footprint in key high–growth markets. We see M8 and Acino as highly complementary offerings, and we are confident that we can use this acquisition as a catalyst to further increase value and accelerate growth for Acino in this key region."

Joel Barlan, CEO at M8 commented: "This agreement will provide M8 with considerable additional resources, expertise, and access to a much wider geographic footprint, which will further accelerate our growth. We look forward to leveraging the skills and capabilities of both teams to grow the combined business and continue to bring proven and innovative treatments to patients and caregivers throughout Latin America and other emerging markets."

Dan Turner, Managing Director at Montreux Growth Partners commented: "We could not be more pleased with what M8 has achieved during our ownership. We first invested in the early stages of its development. We were able to bring on board a world–class management team, who have focused the company on patient critical therapeutic areas, with a product portfolio that now includes over 30 leading brands from major pharmaceutical companies around the world. The company has delivered tremendous growth and profitability, while also doing much good for the lives of patients. Acino is the perfect acquirer to continue that history of success".

The transaction is subject to customary closing conditions, including antitrust clearance, and is expected to be completed by the end of 2023. Banco J.P. Morgan S.A. is acting as exclusive financial advisor, Goodwin LLP as exclusive legal advisor, and PWC as exclusive accounting and tax advisor to Acino. Stifel, Cooley LLP and Credit Suisse, a UBS Group Company acted as advisors to M8.

–ENDS–

About Acino

Acino is a Swiss pharmaceutical company headquartered in Zurich with a clear focus on selected markets in the Middle East, Africa, Ukraine, the CIS Region, and Latin America. Acino is part of ADQ, an Abu Dhabi based investment and holding company. We deliver quality pharmaceuticals to promote affordable healthcare in these emerging markets and leverage our high–quality pharmaceutical manufacturing capabilities and network to supply leading companies through contract manufacturing and out–licensing.

About M8 Pharmaceuticals

M8 is a specialty biopharmaceutical company focused on licensing, marketing and distributing innovative and established therapeutics in Latin America: Brazil and Mexico. We aim to become the preferred pharmaceutical partner for the licensing of high–value innovative and proven therapies across our main therapeutic areas CNS, respiratory, cardiometabolic, immunology, gastroenterology, onco–hematology, and rare diseases. Our mission is to provide the people of Latin America with access to the proven and innovative medicines they need to transform their lives.

About Montreux Growth Partners

Founded in 1993, Montreux Growth Partners has a long history of investing growth capital into category–leading companies that are advancing healthcare and financial technology. It focuses on commercial stage companies which have highly differentiated products, technologies, and services. It is an active and collaborative investor, working closely with the management teams at its portfolio companies.

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Lifezone Metals Announces Publication of H1 2023 Financial Results and Shareholder Letter http://www.businesstimesoman.com/lifezone-metals-announces-publication-of-h1-2023-financial-results-and-shareholder-letter/ http://www.businesstimesoman.com/lifezone-metals-announces-publication-of-h1-2023-financial-results-and-shareholder-letter/#respond Wed, 20 Sep 2023 10:05:00 +0000 http://www.businesstimesoman.com/?p=309131 New York (United States), Sept. 20, 2023 (GLOBE NEWSWIRE) — Lifezone Metals Limited ("Lifezone Metals" or the "Company") (NYSE: LZM), a modern metals company creating value across the battery metals supply chain from mine to metals production and recycling, announced today that it has published the Company's first half 2023 financial results in a Form 6–K and an accompanying Shareholder Letter.

Highlights to–date in 2023, as expanded upon in detail in the Shareholder Letter, include:

  • Lifezone Metals' public listing on the New York Stock Exchange (NYSE) as LZM, creating the first pure–play NYSE publicly traded nickel resource and cleaner technology company
  • Completion of a second investment by BHP of $50 million, enabling continued progress at the Kabanga Nickel ("Kabanga") project site in North–west Tanzania and on key study areas
  • Progress on Kabanga DFS and resource definition activities, building on years of studies and 621 kilometres of historical resource drilling, and further defining the Kabanga resource as the Company works towards an updated S–K 1300
  • Updated Kabanga metallurgical test work results, which indicate Kabanga nickel concentrate is amenable to processing using Lifezone Metals' Hydromet Technology, and is integral to the Kabanga–Kahama nickel refinery flow sheet
  • Headway on Kabanga site operations, early works and site access, with simultaneous critical path activities including expanded camp and internal roads upgrades enabling drilling and land surveys
  • Key achievements in the areas of Kabanga external affairs, sustainability and permitting, with a comprehensive program in place comprised of an operating team of 100+ actively focused on community engagement, environment, Corporate Social Responsibility (CSR) and social performance
  • Acquisition of Simulus Laboratories, expanding capabilities for Lifezone Metals' growth strategy beyond Kabanga
  • Formal commencement of off–take marketing of Kabanga nickel cathode, creating an off–take monetization opportunity for the nickel, copper and cobalt production from Kabanga given the interest in these products from original equipment manufacturers
  • Evolved Hydromet opportunities beyond Kabanga, entering into a Memorandum of Understanding (MoU) with a global platinum group metals (PGM) customer for a commercial scale PGM recycling facility

Keith Liddell, Founder & Chair of Lifezone Metals, said: "We are excited to share our first ever Shareholder Letter. As we are new to the public market, our first instalment of this communication will both introduce Lifezone Metals to those who are new to our story and present a detailed overview on what we believe are the key accomplishments for our Company so far in 2023."

The documents can be accessed via the links below:

If you would like to sign up for Lifezone Metals news alerts, please register here.

About Lifezone Metals

Lifezone Metals (NYSE: LZM) is a modern metals company creating value across the battery metals supply chain from resource to metals production and recycling. Our mission is to provide commercial access to proprietary technology and cleaner metals production through a scalable platform underpinned by our tailored Hydromet Technology. This technology has the potential to be a cleaner and lower cost alternative to smelting, allowing us to responsibly and cost–effectively provide cleaner metals.

By pairing the Kabanga Nickel project in Tanzania, which we believe is one of the largest and highest–grade undeveloped nickel sulphide deposits in the world, with our proprietary Hydromet Technology, we will work to unlock the value of a key new source of supply to global battery metals markets. We have a long–standing partnership with BHP on the Kabanga Nickel project, with BHP having invested USD100 million, as we work to empower Tanzania to achieve full value creation in–country and become the next premier source of nickel.

www.lifezonemetals.com

Forward–Looking Statements

Certain statements made herein are not historical facts but may be considered "forward–looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), Section 21E of the Securities Exchange Act of 1934, as amended and the "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995. Forward–looking statements generally are accompanied by words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "predict," "potential," "seem," "seek," "future," "outlook" or the negatives of these terms or variations of them or similar terminology or expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward–looking statements include, but are not limited to, statements regarding future events, the business combination between GoGreen Investments Corporation ("GoGreen") and Lifezone Holdings Limited ("LHL") that formed Lifezone Metals, the estimated or anticipated future results of Lifezone Metals, future opportunities for Lifezone Metals, including the efficacy of Lifezone Metals' hydromet technology ("Hydromet Technology") and the development of, and processing of mineral resources at, the Kabanga Project, and other statements that are not historical facts.

These statements are based on the current expectations of Lifezone Metals' management and are not predictions of actual performance. These forward–looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on, by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Lifezone Metals. These statements are subject to a number of risks and uncertainties regarding Lifezone Metals' business, and actual results may differ materially. These risks and uncertainties include, but are not limited to: general economic, political and business conditions, including but not limited to the economic and operational disruptions and other effects of the COVID–19 pandemic; the outcome of any legal proceedings that may be instituted against the Lifezone Metals in connection with the business combination; failure to realize the anticipated benefits of the business combination, including difficulty in integrating the businesses of LHL and GoGreen; the risks related to the rollout of Lifezone Metals' business, the efficacy of the Hydromet Technology, and the timing of expected business milestones; Lifezone Metals' development of, and processing of mineral resources at, the Kabanga Project; the effects of competition on Lifezone Metals' business; the ability of Lifezone Metals to execute its growth strategy, manage growth profitably and retain its key employees; the ability of Lifezone Metals to maintain the listing of its securities on a U.S. national securities exchange; costs related to the business combination; and other risks that will be detailed from time to time in filings with the U.S. Securities and Exchange Commission (the "SEC"). The foregoing list of risk factors is not exhaustive. There may be additional risks that Lifezone Metals presently does not know or that Lifezone Metals currently believes are immaterial that could also cause actual results to differ from those contained in forward–looking statements. In addition, forward–looking statements provide Lifezone Metals' expectations, plans or forecasts of future events and views as of the date of this communication. Lifezone Metals anticipates that subsequent events and developments will cause Lifezone Metals' assessments to change. However, while Lifezone Metals may elect to update these forward–looking statements in the future, Lifezone Metals specifically disclaims any obligation to do so. These forward–looking statements should not be relied upon as representing Lifezone Metals' assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward–looking statements. Nothing herein should be regarded as a representation by any person that the forward–looking statements set forth herein will be achieved or that any of the contemplated results in such forward–looking statements will be achieved. You should not place undue reliance on forward–looking statements in this communication, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein.

Certain statements made herein include references to "clean" or "green" metals, methods of production of such metals, energy or the future in general. Such references relate to environmental benefits such as lower green–house gas ("GHG") emissions and energy consumption involved in the production of metals using the Hydromet Technology relative to the use of traditional methods of production and the use of metals such as nickel in the batteries used in electric vehicles. While studies by third parties (commissioned by Lifezone Metals) have shown that the Hydromet Technology, under certain conditions, results in lower GHG emissions and lower consumption of electricity compared to smelting with respect to refining platinum group metals, no active refinery currently licenses Lifezone Metals' Hydromet Technology. Accordingly, Lifezone Metals' Hydromet Technology and the resultant metals may not achieve the environmental benefits to the extent Lifezone Metals expects or at all. Any overstatement of the environmental benefits in this regard may have adverse implications for Lifezone Metals and its stakeholders.


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FURA Gems Appoints Mazars SA and Initiates the Process for Responsible Jewellery Council (RJC) Registration http://www.businesstimesoman.com/fura-gems-appoints-mazars-sa-and-initiates-the-process-for-responsible-jewellery-council-rjc-registration/ http://www.businesstimesoman.com/fura-gems-appoints-mazars-sa-and-initiates-the-process-for-responsible-jewellery-council-rjc-registration/#respond Wed, 11 Jan 2023 03:00:00 +0000 http://www.businesstimesoman.com/?p=307222

DUBAI, United Arab Emirates, Jan. 11, 2023 (GLOBE NEWSWIRE) — FURA Gems announced today it had initiated the certification process with the RJC, demonstrating its commitment to responsible business practices. The project will be headed by Mazars Switzerland, which will accompany FURA Gems and all its operating mining locations in Colombia for emeralds, Mozambique for rubies, and Australia for sapphire through the process of RJC preparation. FURA has already registered its Australian location with RJC, and FURA will now look to expand the certification for the group and all its operating sites. With Mazar's support, FURA will target to complete the certification process on or before December 31, 2023, for all its operating locations.

The certification with RJC is part of the ambitious ESG strategy deployed by FURA since its foundation in 2017. Earlier last year, FURA announced the partnership with Gbelin to provide traceability for all its stones through the Provenance Proof Blockchain. RJC Certification marks an additional important step towards achieving FURA's ambitious ESG goals.

“This is a strong statement from our side, as we launch certification of all our mines producing emeralds, rubies and sapphires,” says Dev Shetty, Founder & CEO of FURA Gems. “The certification process will enable us to formalize our commitment since our foundation: to provide the jewellery market with traceable, sustainably sourced colour gemstones. To achieve this, we have identified Mazars as the ideal partner to conduct the process throughout our production sites and at the headquarters level. Mazars offers the ideal combination of regional expertise and global perspective, enabling us to conduct the project with the greatest level of competencies & professionalism.”

Franck Paucod, Partner at Mazars, explains, “We are thrilled to accompany FURA Gems through the demanding process of RJC COP Certification. Conducting the project for the three (3) mines simultaneously shows FURA's commitment to responsible mining. We are confident that with our experiences in the gems and jewellery sector, we will be able to support FURA with its commitment to building the solid framework to achieve the RJC certification."

ABOUT FURA GEMS

FURA Gems Inc. is a coloured gemstone mining and marketing company established in 2017. Headquartered in Dubai, United Arab Emirates, FURA has over 1,200 employees across continents. It is the first pioneering, creative and ethical enterprise to cover the entire spectrum of coloured gemstones. It operates three mining subsidiaries in Colombia, Mozambique, and Australia that mines emeralds, rubies, and sapphires. FURA also initiated its exploration program in Madagascar for sapphire mining. It is the fastest–growing coloured gemstone mining company to ensure the stability and traceability of ethically mined coloured gemstones from rough to retail.

ABOUT MAZARS

Mazars is an internationally integrated partnership, specialising in audit, accountancy, advisory, tax and legal services. Operating in over 90 countries and territories around the world, Mazars draws on the expertise of more than 44,000 professionals to assist clients of all sizes at every stage in their development.

Mazars Switzerland is specialised in the watch & jewellery industry. Mazars can either accompany clients throughout the RJC Code of Practice COP certification preparation and registration which is the case for FURA Gems or perform audits for the certification of companies in conformity of the RJC COP.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/80695a84–8e96–48d7–a21d–6548f0e035e7


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Acino acquires selected Aspen brands in South Africa http://www.businesstimesoman.com/acino-acquires-selected-aspen-brands-in-south-africa/ http://www.businesstimesoman.com/acino-acquires-selected-aspen-brands-in-south-africa/#respond Fri, 22 Oct 2021 06:17:48 +0000 http://www.businesstimesoman.com/?p=306748 Zurich, Oct. 22, 2021 (GLOBE NEWSWIRE) — ZURICH, Switzerland, 22 October 2021 – Acino and Aspen Pharmacare Holdings Limited and its subsidiaries (collectively, "Aspen") have signed an agreement for Acino to acquire six South African prescription medicines for over 105 million (R1.8 billion).

The acquired medicines are used for the treatment of gastroenterology, erectile dysfunction and cardiovascular diseases. The acquisition will further strengthen Acino's footprint in South Africa by expanding their offering in these important therapeutic segments.

The transaction includes the Trustan , Altosec , Zuvamor , Ciavor , Grantryl and Aspen Granisetron brands. To secure uninterrupted patient access to these medicines, the parties have also signed a manufacturing and supply agreement in terms of which Aspen will supply the Aspen manufactured products to Acino for a period of seven years.

This partnership is a compelling affirmation of Acino's long–term strategy and purpose to increase people's access to affordable healthcare in the areas where they need them most. This acquisition comes on the heels of a series of other strategic investments, including the acquisition of a women's health portfolio in Russia earlier this year and Takeda's primary care portfolio in 2020.

"This agreement will fortify Acino's presence in South Africa and enable us to expand our diverse portfolio of high–quality, innovative treatments that help improve people's lives", said Steffen Saltofte, CEO of Acino. "Acino is committed to growing its footprint across our core emerging markets to deliver the best value to our patients, customers, suppliers and shareholders."

John Norman, Regional Director English–Speaking Africa at Acino said, "I am very pleased to sign this agreement with Aspen. We work hard to make a meaningful contribution to the South African economy by providing best–in–class products and service to our patients and healthcare practitioners, as well as creating employment opportunities. This further aligns with our commitment to transformation and retaining our BBBEE Level 1 certification. With this acquisition, Acino will enhance the value of these brands through our in–depth expertise and experience in the market."

Aspen's Group Chief Executive, Stephen Saad, said, "This transaction forms part of Aspen's communicated strategy to refine its product portfolio in South Africa. The acquisition of these trusted brands in South Africa represents excellent scaling and commercial opportunities for Acino as it expands its footprint in South Africa by adding these products to its existing product portfolio."

The transaction is subject to customary closing conditions, including regulatory approvals. It is anticipated that the transaction will complete by 31 December 2021.

–ENDS–

About Acino

Acino is a Swiss pharmaceutical company headquartered in Zurich with a clear focus on selected markets in the Middle East, Africa, Russia, the CIS Region, and Latin America. The company is backed by Nordic Capital and Avista Capital Partners. We deliver quality pharmaceuticals to promote affordable healthcare in these emerging markets, and leverage our high–quality pharmaceutical manufacturing capabilities and network to supply leading companies through contract manufacturing and out–licensing. For more information, visit www.acino.swiss. Acino has attained Level 1 BBBEE status in South Africa in 2020 and 2021. For more information: www.acino.swiss

About Aspen

Headquartered in Durban, South Africa, Aspen is a leading global specialty and branded multinational pharmaceutical company in both emerging and developed markets.

Aspen improves the health of patients in more than 150 countries through its high quality, affordable and effective healthcare solutions. The Group's key business segments are manufacturing and commercial pharmaceuticals comprising regional brands and sterile focus brands that include anaesthetics and thrombosis products.

Aspen employs approximately 9,100 people and has 70 established business operations in over 50 countries. The Group operates 23 manufacturing facilities across 15 sites and holds international manufacturing approvals from some of the most stringent global regulatory agencies. Its manufacturing capabilities are scalable to demand and cover a wide variety of product–types including steriles, oral solid dose, liquids, semi–solids, biologicals and active pharmaceutical ingredients. For more information visit www.aspenpharma.com

For more details, please contact:

Acino

Media Relations
Larisa Bernstein
Head of Corporate Communications

Acino International AG

larisa.bernstein@acino.swiss

Aspen

Media Relations
Shauneen Beukes
Aspen Group Communications Manager

sbeukes@aspenpharma.com

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Jet Protocol Lists on AscendEX http://www.businesstimesoman.com/jet-protocol-lists-on-ascendex/ http://www.businesstimesoman.com/jet-protocol-lists-on-ascendex/#respond Fri, 08 Oct 2021 14:20:06 +0000 http://www.businesstimesoman.com/?p=306834 Singapore, Oct. 08, 2021 (GLOBE NEWSWIRE) — AscendEX is thrilled to announce the listing of the Jet Protocol token (JET) under the trading pair JET/USDT on Oct. 14 at 1 p.m. UTC. To celebrate the listing of JET, AscendEX will host two separate auctions that will take place simultaneously on October 13 between 1 p.m. and 2 p.m. UTC.

Jet Protocol will be launched as an open–source, non–custodial, borrowing and lending protocol on the Solana Blockchain. It engineers new possibilities for capital efficiency, performance, and scalability. Jet allows users to participate in lending pools where they deposit supported tokens to receive interest, or "yield" over time, as a participation incentive. Those deposits remain in a pool used for issuing loans to other users for as long as the assets remain delegated.

Jet believes that borrowing and lending protocols are integral to the DeFi ecosystem. The decision to build on Solana was based on its unmatched transaction speed and low fees. The Solana integration will allow Jet to contribute and grow on–chain DeFi lending. The project anticipates a gradual integration of broader interest and more efficient trading. In addition to lending, Jet will introduce interest rate products and secondary markets on Serum, facilitating ongoing, community–driven, lending product research and development. Through these methods, Jet makes it easy for users to earn interest with their JET tokens.

Jet is planning to launch with a dedicated governance system that leverages their founding team's unique and extensive experience in protocol governance. This governance–oriented approach aims to work with the community to set a clear precedent toward how the Protocol will operate. Jet will innovate on tested governance models from existing protocols while focusing on community ownership and engagement. The most important aspect of this approach is to build an inclusive community to research, design, and implement useful lending products. So, the token holders will have a say in the future of the platform. This focus on community is core to Jet's mission of bringing DeFi protocols into the mainstream.

Prior to a successful mainnet launch this week, Jet recently completed a follow–on funding round that included AscendEX among other partners bringing in a total of $6.8mm to the project. This latest fundraise has highlighted the strong support for Jet from a variety of stakeholders including AscendEX.

About AscendEX
AscendEX is a global cryptocurrency financial platform with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 200 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions.

AscendEX has emerged as a leading platform by ROI on its "initial exchange offerings" by supporting some of the industry's most innovative projects from the DeFi ecosystem such as Thorchain, xDai Stake, and Serum. AscendEX users receive exclusive access to token airdrops and the ability to purchase tokens at the earliest possible stage. To learn more about how AscendEX is leveraging best practices from both Wall Street and the cryptocurrency ecosystem to bring the best altcoins to its users, please visit www.AscendEX.com.

For more information and updates, please visit:
Website: https://ascendex.com
Twitter: https://twitter.com/AscendEX_Global
Telegram: https://t.me/AscendEXEnglish
Medium: https://medium.com/ascendex

About Jet Protocol
Jet Protocol will launch as an open–source, non–custodial borrowing and lending Protocol on the Solana Blockchain. Jet re–engineers what's possible in terms of capital efficiency, performance, and scalability on Solana. The Protocol allows users to participate in lending protocols where they deposit supported tokens to the platform and then receive interest on their deposits to incentivize participation.

For more information and updates, please visit:
Website: https://Jetprotocol.io
Twitter: https://twitter.com/JetProtocol
Telegram: https://t.me/jetprotocol
Discord: https://discord.gg/BsF3cEbdV9

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INTERNATIONAL NON-PROFIT OCEANIC GLOBAL LAUNCHES THE BLUE STANDARD TO ESTABLISH UNIVERSAL ACCOUNTABILITY FOR SUSTAINABLE BUSINESS LEADERSHIP http://www.businesstimesoman.com/international-non-profit-oceanic-global-launches-the-blue-standard-to-establish-universal-accountability-for-sustainable-business-leadership/ http://www.businesstimesoman.com/international-non-profit-oceanic-global-launches-the-blue-standard-to-establish-universal-accountability-for-sustainable-business-leadership/#respond Tue, 05 Oct 2021 11:30:00 +0000 http://www.businesstimesoman.com/?p=306247 New York, NY, Oct. 05, 2021 (GLOBE NEWSWIRE) — NEW YORK, NY – On Thursday, October 5th, the international non–profit Oceanic Global launched the Blue Standard (Blue) a first–of–its–kind cross–industry standard that empowers industries and businesses of all sizes to achieve measurable impact that protects our blue planet. Emissions, toxins, and plastics are all consequences of human–made industry that are devastating the Earth. And with 70% of the planet covered by the ocean (which regulates our climate, absorbs our carbon, and produces more than half of the oxygen we breathe) marine ecosystems are bearing the brunt of our actions. While there are several existing standards built on the notion of "going green," Oceanic Global's is the first–of–its–kind that looks at the impacts of industry on the ocean and humanity's interconnectivity to it, and empowers businesses of all sizes with actions that protect & restore the blue.

The Blue Standard was developed together with Oceanic Global's Scientific Advisory Board and trained experts in both WELL and LEED building rating systems, as a timely response to the impending threat of Climate Change and the increasing demand for transparent industry action. According to a 2021 study by Deloitte surveying over 10,000 individuals in over 6 different countries, more than 58% of respondents wanted organizations to adopt more environmental practices, and 42% reported have changed consumption habits themselves because of their stance on the environment. In turn, Blue features two core offerings: a 3–star sustainability verification system for Business Operations and Product and Packing Seals that verify plastic–free consumer goods. An evolution of Oceanic Global's long standing industry solutions program (formerly known as The Oceanic Standard), Blue has verified the sustainability achievements of 400+ across 26 counties to–date ranging from Bulleit distillery in Tennessee, House of Yes and Salesforce in New York, to the Mandarin Oriental in Bangkok, Citi Tower in Hong Kong, Habitas in Tulum, Mexico and all 19 Sandals Resorts International properties in the Caribbean. Leading sustainable brands including: Plaine Products, Raw Elements, Ball Aluminum Cups, are also amongst the inaugural brands set to be awarded with Blue's new Product and Packaging Seals.

Recognizing the opportunity and potential for businesses to meet both business demand and environmental need, the Blue Standard has also created custom programs for industries including: hospitality, music, events, office spaces, professional sports, consumer packaged goods, and more. These specified offerings work together to further the environmental efforts within their respective fields while also establishing universal accountability and cohesive benchmarks for sustainable business leadership across industry. Oceanic Global believes that impact should be accessible and open–source, and so the Blue Standard additionally offers a suite of services including: free educational guides, step–by–step auditing and consultation, and buying deals with a network of 300+ vetted vendors, that make it both easy and cost–effective for businesses to transition away from single–use plastics and otherwise environmentally detrimental products and processes. In turn, due it's comprehensive & solution–driven structure, the framework of the Blue Standard has been leveraged by international governments including those of: New York City, New York State, the United States, Barbados, Spain, and more, to help shape over 7 policies to–date.

"With businesses of all sizes increasingly adopting sustainable practices, we recognized both the need and the potential to create universal accountability for these efforts and for how they're communicated to consumers. Our hope is that through empowering comprehensive commitments to sustainability and lasting systems change, The Blue Standard will work to create a new balance between industries and the natural world that sustains them." – Lea d'Auriol, Founder of Oceanic Global

"The health of our ocean is at a tipping point as is that of our collective well–being. Blue works to empower tangible action at all levels. We developed Blue to inspire the people and communities that make up businesses and industries to take continued action for our blue planet, and to maximize the positive impact we can all create in our immediate spheres and beyond." – Cassia Patel, Program Director, Oceanic Global

Oceanic Global will celebrate the official launch of the Blue Standard via a free & open–to–the–public virtual event taking place on Thursday, October 7th live–streamed at both Noon EDT and Midnight EDT to accommodate varying time zones. The event will delve deeper into Blue's offering and feature environmental and industry thought leaders alike including: John Warner (Senior Vice President, Chemistry & Distinguished Research Fellow at Zymergen Corporation), Sandra Noonan (Chief Sustainability Officer, Just Salad), and Eduardo Castillo (Co–Founder & Creative Director, HABITAS; DJ) and more. To learn more and register to attend visit bluestandard.com.

ABOUT OCEANIC GLOBAL

Founded in 2017 by Lea d'Auriol, Oceanic Global (OG) inspires us to care deeply for the ocean and provides solutions to protect it. The international non–profit sheds light on humanity's essential relationship to the ocean and empowers individuals, communities, and industries to create positive change. Oceanic Global creates educational experiences, consults on sustainable operations, and engages local communities to generate measurable impact for our collective wellbeing. Oceanic Global has international hubs & volunteer bases in New York, London, Los Angeles, Barcelona, Tulum, and Hong Kong, and has additionally been the official non–profit and production partner to United Nations World Oceans Day since 2019. #CareDeeply | www.oceanic.global

ABOUT THE BLUE STANDARD

Launched in 2021 as an evolution of Oceanic Global's long standing industry solution program (formerly known as the Oceanic Standard) The Blue Standard (Blue) combats greenwashing, establishes universal accountability for sustainable business leadership, and empowers industries and businesses of all sizes to achieve measurable impact that protects our blue planet. Developed together with Oceanic Global's Scientific Advisory Board and trained experts in both WELL and LEED building rating systems, Blue features two core offerings: a 3–star sustainability verification system for Business Operations and Product and Packing Seals that verify plastic–free consumer goods. The Blue Standard offers specialized programs and consultation for industries including: hospitality, music, events, office spaces, professional sports, consumer packaged goods, and more, as well as free educational resources, step–by–step auditing and consultation support, and buying deals with a network of over 300+ vetted vendors to help businesses eliminate single–use plastics and operate sustainably. Blue has verified the sustainability achievements of over 400+ businesses across 26 countries to date, as well as helped over 7 environmental policies worldwide. www.bluestandard.com

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PolkaFoundry to List on AscendEX http://www.businesstimesoman.com/polkafoundry-to-list-on-ascendex/ http://www.businesstimesoman.com/polkafoundry-to-list-on-ascendex/#respond Tue, 10 Aug 2021 01:23:58 +0000 http://www.businesstimesoman.com/?p=306658 Singapore, Aug. 09, 2021 (GLOBE NEWSWIRE) — AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the listing of PolkaFoundry token (PKF) under the pair USDT/PKF on Aug 10 at 1 p.m. UTC.

PolkaFoundry is a platform for building borderless and frictionless DeFi and NFT dapps on Polkadot. PolkaFoundry aims to be the most convenient platform for developers to build DeFi and NFT dapps, providing a platform for making dapps easily accessible to mainstream end–users. PolkaFoundry will achieve this by utilizing Polkadot's interoperability and scalability and integrating various DeFi–friendly services onto the platform. In addition, PolkaFoundry focuses heavily on ensuring the UX and features of their dApps are simple to use, promoting mainstream adoption.

The native token PKF has several utilities, including payment for services and transaction fees in the PolkaFoundry ecosystem and payments for PolkaFoundry's partners' services. In addition, PKF is used for staking and governance so users can earn shares of block rewards and participate in the on–chain governance process to earn additional rewards for voting on proposals.

PolkaFundry believes that the most significant barrier to blockchain adoption is the complexity of the UX on most platforms and dApps. The average person has difficulty engaging with crypto projects because many projects did not design their UX's for mainstream users. Concepts like wallets, private keys, coins, exchanges, etc. require education and can confuse new users leaving many dApps with a small active user base. Polkafoundry has spent years researching dapp UX's and has used their research to develop the UX built into PolkaFoundry to enable novice users and professionals to access and use the platform easily.

Polkadot promises a fast–growing ecosystem that offers security, scalability, and interoperability, so PolkaFoundry decided to build its platform on it. To enable dapps to port from Ethereum, PolkaFoundry is EMV–compatible. PolkaFoundry's foundational goal is to bring the benefits of blockchain to the masses by making its products and services accessible to people outside the crypto community.

About AscendEX

AscendEX (formerly BitMax) is a global cryptocurrency financial platform with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 150 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions.

AscendEX has emerged as a leading platform by ROI on its "initial exchange offerings" by supporting some of the industry's most innovative projects from the DeFi ecosystem such as Thorchain, xDai Stake, and Serum. AscendEX users receive exclusive access to token airdrops and the ability to purchase tokens at the earliest possible stage. To learn more about how AscendEX is leveraging best practices from both Wall Street and the cryptocurrency ecosystem to bring the best altcoins to its users, please visit www.AscendEX.com.

For more information and updates, please visit:

Website: https://ascendex.com

Twitter: https://twitter.com/AscendEX_Global

Telegram: https://t.me/AscendEXEnglish

Medium: https://medium.com/ascendex

About Polkafoundry

PolkaFoundry is a platform for building borderless and frictionless DeFi and NFT dapps on Polkadot. PolkaFoundry aims to be the most convenient platform for developers to build DeFi and NFT dapps providing a platform for them to make dapps that are easily accessible to end–users.

For more information and updates, please visit:

Website: https://polkafoundry.com/

Twitter: https://twitter.com/PolkaFoundry

Telegram: https://t.me/PolkaFoundry

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