Austral Gold Announces Updated Guanaco Technical Report ACN Newswire

Austral Gold Announces Updated Guanaco Technical Report

HIGHLIGHTS14-year mine life and US$192.1 million after-tax NPV (10% discount rate): New NI 43-101 Technical Report, prepared by the Company's Qualified Persons, establishing a life-of-mine plan for Guanaco (Chile) from January 2026 to February 2040, built on existing mining and processing infrastructure.Mineral Reserves: Proven and Probable Mineral Reserves of 18.1 Mt grading 0.84 g/t Au and 5.43 g/t Ag, containing approximately 352 Koz Au and 1.493 Moz Ag (estimated at US$2,200/oz Au and US$25/oz Ag).Measured & Indicated Resources: 17.0 Mt grading 0.94 g/t Au and 6.11 g/t Ag containing approximately 511 Koz Au and 3.269 Moz Ag (estimated at US$2,500/oz Au and US$27.5/oz Ag).Inferred Resources: 2.0 Mt grading 1.17 g/t Au and 7.14 g/t Ag, containing approximately 77 Koz Au and 466 Koz Ag.Metallurgical recoveries: Average Life of Mine (LOM) recovery of 72% for gold and 47% for silver. The LOM average is materially influenced by heap-reprocessing material; higher-grade feed achieves higher recoveries.Metal prices (economic analysis): LOM average prices of US$3,135/oz gold and US$42/oz silver, used in the discounted cash-flow (DCF) model and based on the median of independent third-party consensus forecasts. Mineral Resources and Mineral Reserves are estimated at the lower prices noted above.Costs & Capital: All-in Sustaining Cost (AISC) of US$2,114/oz AuEq and Operating Cost (C1) of US$1,978/oz AuEq. LOM capital expenditure of US$13.9 million (US$2.2 million sustaining, US$11.7 million closure and reclamation).*See tables below for assumptions used in the estimates**Only Measured and Indicated mineral resources are used in calculating the NPVSydney, Australia--(ACN Newswire via SeaPRwire.com - July 22, 2026) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (OTCQB: AGLDF) ("Austral" or the "Company"), an established gold producer with two 100% operating mine complexes in Argentina and Chile, is pleased to announce an updated Mineral Reserve and Mineral Resource estimate and a new life-of-mine plan for its Guanaco Mine in the Antofagasta Region of Chile, reported in accordance with Canadian National Instrument 43-101 (CIM Definition Standards), as set out in a new Technical Report entitled "Technical Report on the Guanaco Mine, Antofagasta Region, Chile" with an effective date as of May 31, 2026 and a signature date as of July 21, 2026 (the "2026 Technical Report"). The Mineral Resources and Ore Reserves disclosed in this announcement are also reported in accordance with the JORC Code (2012 Edition) and ASX Listing Rules. The new Technical Report updates and supersedes the Company's 2022 Technical Report announced on 29 March 2022.Chief Executive Officer of Austral Gold, Stabro Kasaneva, commented, "We believe the significance of this Technical Report extends well beyond the updated Mineral Reserve. It supports the view that Guanaco can sustain a multi-year mining operation with an approximate mine plan of 14 years, built on existing infrastructure, a disciplined capital program, and a consistent production profile. What differentiates Austral Gold as a junior producer is that it can extend mine life while leveraging existing, permitted processing facilities and established operating infrastructure, although part of the expanded mine plan remains subject to outstanding permits. We anticipate this positions Austral Gold with a strong platform to generate sustainable value in the future from both Guanaco in Chile and Casposo in Argentina."We believe that one of Guanaco's key competitive advantages is that this approach reduces execution risk and capital intensity compared with a greenfield development, allowing the Company to focus capital on value-generating mining activities rather than on major infrastructure projects."The 2026 Technical Report has been filed concurrently with this announcement on the ASX (www.asx.com) and SEDAR+ (www.sedarplus.ca).The Mineral Resources and Ore Reserves disclosed in this announcement are reported in accordance with the JORC Code (2012 Edition) and ASX Listing Rules.Updated Geological Interpretation and Mineral Resource BasisThe Guanaco Mine comprises the following deposits: Dumbo, Defensa, Perseverancia, Quillota, Inesperada, and three legacy heap-leach pads (Heaps 1, 2, and 3) located on site.The 2026 Technical Report follows a detailed review of the existing data for the Guanaco Mine and a new geological modelling of the deposits, characterising them by their geological features and grade distribution. This work established a robust geological basis for defining the remaining in-situ Mineral Resources. The Mineral Resource estimate is supported by dense 25 × 25 m drill spacing, which defines Indicated Mineral Resources with a reasonable level of geological confidence, consistent with industry best practices and with the requirement for reasonable prospects for eventual economic extraction (RPEEE). Using this Mineral Resource base as the starting point, Mineral Reserves were estimated by applying metal prices, operating and capital costs, and mining and metallurgical parameters that have all been updated since the 2022 Technical Report.Economic Analysis and Life-of-Mine PlanThe 2026 Technical Report presents an updated life-of-mine plan and cash-flow model for Guanaco Mine based on Mineral Reserves. Inferred Mineral Resources have been excluded from economic analysis.In determining the Mineral Reserves, the Qualified Persons have considered and applied the relevant modifying factors, including mining, metallurgical, processing, infrastructure, economic, marketing, legal, environmental, social and governmental considerations.The key outputs are summarised below.MetricResultAfter-tax NPV (10.0% discount rate)US$192.1 MUndiscounted pre-tax free cash flowUS$379.4 MUndiscounted post-tax free cash flowUS$281.6 MAll-in Sustaining Cost (AISC)US$2,114 / oz AuEqAverage operating cost (C1)US$1,978 / oz AuEqAverage operating cost (per tonne)US$41 / t processedTotal Processed Ore (Mt)18.1Mine life~14 yearsAvg. annual recovered gold24,838 ozAvg. annual recovered silver105,262 ozLOM capital expenditureUS$13.9 M- Sustaining capitalUS$2.2 M- Closure & reclamationUS$11.7 MAvg. metallurgical recovery - gold72%Avg. metallurgical recovery - silver47%Gold price assumption (LOM avg.)US$3,135 / ozSilver price assumption (LOM avg.)US$42 / oz Metal Price Assumptions: The life-of-mine economic model applies gold and silver prices based on the median of third-party consensus forecasts obtained from an internationally recognised market data provider. Over the mine life, gold prices range from a maximum of US$4,500/oz to a long-term minimum of US$2,500/oz, and silver prices from a maximum of US$70/oz to a long-term minimum of US$30/oz, equivalent to life-of-mine average prices of approximately US$3,135/oz gold and US$42/oz silver. These planning prices are used solely in the cash-flow model and differ from the lower prices used to estimate Mineral Reserves (US$2,200/oz gold and US$25/oz silver) and Mineral Resources (US$2,500/oz gold and US$27.5/oz silver).Environmental, Permitting and Other Risk Factors: Other than the permitting matter described below, the Company is not aware of any known environmental, permitting, legal, title, taxation, socio-economic, marketing, political, or other factors that could materially affect the Mineral Resource or Mineral Reserve estimates or the potential development of the Guanaco project.Completion of the Environmental Impact Declaration (Declaración de Impacto Ambiental, or "DIA") and associated sectoral permits for the Inesperada and Dumbo areas remains outstanding, with approval currently targeted for Q4 2026 / Q1 2027. Ore from these areas is included in the Proven and Probable Mineral Reserve and in the ~14-year life-of-mine production target: together they account for approximately 5.9 Mt, or about 32% of Reserve tonnes, some 185,000 recoverable ounces of gold (~53% of Reserve gold) and 823,000 recoverable ounces of silver (~55% of Reserve silver). Accordingly, a substantial portion of the Mineral Reserve and of forecast production is contingent on receipt of the DIA and associated permits. The Competent Person / Qualified Person considers there to be a reasonable basis to expect that the required approvals will be obtained; however, there is no certainty that they will be granted within the anticipated timeframe, or at all, and any delay or refusal could materially affect the production schedule and project economics.Comparison with the 2022 Technical ReportThe 2026 Technical Report updates and supersedes the Company's 2022 Technical Report (prepared by SLR and announced on 29 March 2022, effective date 31 December 2021), which covered the broader Guanaco-Amancaya Operation, including the Amancaya underground mine (since depleted). On this basis, the 2026 Technical Report reports an after-tax NPV of US$192.1 million (10% discount rate), compared with US$77 million (6.89%) in the 2022 study, and a life-of-mine of approximately 14 years (Jan 2026-Feb 2040), compared with approximately 12 years (2022-2033). The two studies differ in scope, effective date, metal-price assumptions, discount rate and mining method and, given intervening mining and depletion, together with a comprehensive re-modelling of the Guanaco deposits, are not directly comparable on a like-for-like basis.The 2026 mine plan is based entirely on open-pit extraction (the Dumbo, Defensa, Perseverancia, Quillota and Inesperada pits, scheduled from mid-2028 to 2040) together with the reprocessing of the existing heap-leach pads (2026 to mid-2032). No underground mining is included in the 2026 Mineral Reserve or economic analysis.The updated Technical Report establishes Guanaco as a long-life gold and silver operation which supports a multi-year cash flow from existing infrastructure while maintaining significant exploration upside across the district.Guanaco Processing FacilityTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/690/306181_ebf56089d4711b8a_002full.jpgMineral Resources Statement as of November 30, 2025 Austral Gold Limited - Guanaco Mine CategoryMassGradeOunces ContainedOunces Recoverable (000' t)(g/t Au)(g/t Ag)(g/t AuEq)(g/t Cu)(000's oz Au)(000's oz Ag)(000's oz AuEq)(000's oz Au)(000's oz Ag)(000's oz AuEq)Open-Pit Measured187.9311.748.08197575444Indicated8,9411.128.581.229353222,4663502851,386300M&I8,9581.148.591.239343272,4733542891,390304Inferred2,0331.177.141.2532577466826826271 Heaps Measured-----------Indicated8,0620.713.090.741,627184796193136317139M&I8,0620.713.090.741,627184796193136317139Inferred----------- Total Measured187.9311.748.08394575444Indicated17,0030.936.101.001,2485063,2625424201,703439M&I17,0210.946.111.011,2475113,2695474251,707443Inferred2,0331.177.141.2565977466826826271 Notes:Effective date November 30, 2025. Mineral Resources are inclusive of those Mineral Resources modified to produce the Mineral Reserves.Stationary domains were modelled based on lithological, alteration and structural continuity. Mineral Resources were classified and reported in accordance with CIM Definition Standards and NI 43-101 requirements. Measured Resources were defined using a 3.5 m x 20 m channel grid in both strike and dip directions for ore mineralization.Indicated Resources were defined using a 25 m x 25 m drill grid in both strike and dip directions for ore mineralization.Heaps 1 and 2 were defined using a 50 m x 50 m drill grid in both major and semi-major directions; the minor direction. corresponds to the vertical extension of every single sonic drill hole that was sampled at 1 m length, and Heap 3 resources were defined based on operational history and sampling data.Variable cut-off grades were applied by sector, based on spatial location and physical characteristics of the mineralized material: Dumbo: HL=0.38 g/t AuEq and AL=0.62 g/t AuEq | Defensa: HL=0.355 g/t AuEq and AL=0.6 g/t AuEq Perseverancia: HL=0.38 g/t AuEq and AL=0.62 g/t AuEq | Quillota: HL=0.36 g/t AuEq and AL=0.6 g/t AuEq | Los Nanos: HL=0.39 g/t AuEq and AL=0.62 g/t AuEq | Inesperada: HL=0.41 g/t AuEq and AL=0.64 g/t AuEq | Heap 1: HL=0.37 g/t AuEq and AL=0.64 g/t AuEq | Heap 2: HL=0.34 g/t AuEq and AL=0.6 g/t AuEq | Heap 3: HL=0.439 g/t AuEq and AL=0.6 g/t AuEqThe following bulk densities were applied for tonnage calculations: Open Pits: 2.5 t/m3, Heap 1: 1.765 t/m3, Heap 2: 1.62 t/m3, Heap 3: 1.703 t/m3Mineral Resources were constrained by open-pit optimization, using metal prices of US$2,500 /oz for gold and US$27.5 /oz for silver.AuEq = (g/t) Au + (g/t) Ag / 90.91 [recovery factor 90.91 = US$2,500 /oz for gold / US$27.5 /oz for silver]Ounces contained were not applied to metallurgical recoveries.Ounces recoverable were applied to metallurgical recoveries by deposits. Metallurgical recovery rates were applied by deposit, based on historical and test data. Open Pits: HL: 70% Au and 40% Ag - AL: 91.5% Au and 60% Ag. Heap 1: HL: 54% Au and 30% Ag - AL: 80% Au and 50% Ag. Heap 2: HL: 60% Au and 30% Ag - AL: 85% Au and 50% Ag. Heap 3: HL: 46% Au and 30% Ag - AL: 85% Au and 50% AgTotals may not sum exactly due to rounding.Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.Summary of Mineral Reserves as of May 29, 2026 Heap Leach + AgitationAustral Gold Limited - Guanaco Mine (as at May 29, 2026)CategoryTonnesGradeMetallurgical RecoveryOunces(000 t)(g/t Au)(g/t Ag)(% Au)(% Ag)(000 oz Au)(000 oz Ag)TOTAL OPEN PITProven-------Probable8,1561.138.3888.256.32621,236Subtotal8,1561.138.3888.256.32621,236TOTAL HEAPProven-------Probable9,9830.603.0152.935.990257Subtotal9,9830.603.0152.935.990257TOTAL MINERAL RESERVES18,1390.845.4371.947.23521,493 Notes: 1) Mineral Reserves were estimated using a gold price of US$2,200/oz and a silver price of US$25/oz.2) Variable cut-off grades were applied by sector, based on spatial location and physical characteristics of the mineralized material: Dumbo: 0.44 g/t AuEq, Defensa: 0.40 g/t AuEq, Perseverancia: 0.44 g/t AuEq, Quillota: 0.41 g/t AuEq, Inesperada: 0.46 g/t AuEq, In Heaps 1, 2 and 3, no cut-off grade was used since the average grade of each deposit is considered.3) The following bulk densities were applied for tonnage calculations: In-situ mine material: 2.5 t/m3 In Heaps 1, 2 and 3, the values considered were 1.77 t/m3, 1.62 t/m3 and 1.70 t/m3, respectively4) Totals may not sum exactly due to rounding.Mineral Reserves Statement as of May 29, 2026Austral Gold Limited - Guanaco Mine CategoryTonnesGradeMetallurgical RecoveryOunces (000 t)(g/t Au)(g/t Ag)(% Au)(%Ag)(000 oz Au)(000 oz Ag)Dumbo -Phase 1 Proven-------Probable4,0991.195.3587.2754.78137386Prov + Prob 4,0991.195.3587.2754.78137386Defensa-Phase 1 -- --Proven-------Probable1,0420.9011.0487.4755.4826205Prov + Prob1,0420.9011.0487.4755.4826205Perseverancia- -Phase 1 -- --Proven-------Probable8671.5010.0289.9357.0238159Prov + Prob8671.5010.0289.9357.0238159Perseverancia- -Phase 2 -- --Proven-------Probable1541.1711.3489.5858.02533Prov + Prob1541.1711.3489.5858.02533Perseverancia- -Phase 3 -- --Proven-------Probable1161.375.2688.7453.51510Prov + Prob1161.375.2688.7453.51510Quillota--Phase 1 -- --Proven-------Probable951.073.6087.9652.1736Prov + Prob951.073.6087.9652.1736Inesperada--Phase 1 -- --Proven-------Probable1,7830.9413.2389.6557.6348437Prov + Prob1,7830.9413.2389.6557.6348437Total Open Pit -- --Proven-------Probable8,1561.138.3888.256.32621,236Prov + Prob8,1561.138.3888.256.32621,236Heap 1 Proven-------Probable4,1830.512.7652.030.036111Prov + Prob4,1830.512.7652.030.036111Heap 2 Proven-------Probable2,6210.612.8136.3820.691949Prov + Prob2,6210.612.8136.3820.691949Heap 3 Proven-------Probable3,1790.713.5149.0926.823696Prov + Prob2,6210.612.8136.3820.693696 All Reserves -- --Proven-------Probable18,1390.845.4371.947.23521,493Prov + Prob 18,1390.845.4371.947.23521,493 Notes:1) Mineral Reserves were estimated using a gold price of US$2,200/oz and a silver price of US$25/oz.2) Variable cut-off grades were applied by sector, based on spatial location and physical characteristics of the mineralized material: Dumbo: 0.44 g/t AuEq, Defensa: 0.40 g/t AuEq, Perseverancia: 0.44 g/t AuEq, Quillota: 0.41 g/t AuEq, Inesperada: 0.46 g/t AuEq, In Heaps 1, 2 and 3, no cut-off grade was used since the average grade of each deposit is considered.3) The following bulk densities were applied for tonnage calculations: In-situ mine material: 2.5 t/m3 In Heaps 1, 2 and 3, the values considered were 1.77 t/m3, 1.62 t/m3 and 1.70 t/m3, respectively4) Totals may not sum exactly due to rounding.Technical Content and Qualified Persons The 2026 Technical Report filed concurrently in this announcement was prepared under the supervision of the following persons, each a non-Independent "Qualified Person" as defined by NI 43-101:Marcos Valencia, FAusIMM and Registered Member of the ChMC, Principal Geoscientist of the Company;Guillermo Valdés, Registered Member of the Ch.M.C, Mining Engineer and Technical Services Manager of the Company; andFrancisco Pavez, Registered Member of the Ch.M.C, Metallurgical Civil Engineer and Manager of Metallurgical Processes of the Company,(collectively, the "Qualified Persons").The scientific and technical information contained in this announcement has been extracted from the 2026 Technical Report and has been reviewed and approved by the above Qualified Persons.The 2026 Technical Report supporting the updated Mineral Reserve and Mineral Resource estimates for the Guanaco Operation, prepared in accordance with NI 43-101, has been filed concurrently with this announcement on the ASX and on SEDAR+ (www.sedarplus.ca).Competent Person's Statement For the purposes of Listing Rule 5.22, the Company confirms that the updated Mineral Reserve and Mineral Resource estimates were based on work reviewed or compiled by the Marcos Valencia, Guillermo Valdés and Francisco Pavez, each a non-independent "Qualified Person" as defined by NI 43-101 and a "Competent Person" as defined in the JORC (2012) Code, either as a Member of the Australian Institute of Geoscientists, or members in good standing of Recognised Professional Organisations in Canada and the United States.Each Competent Person is an employee of the Company.Each Competent Person consents to the inclusion in this announcement of the matters based on his information in the form and context in which it appears.Each Competent Person has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activities undertaken to qualify as a Competent Person as defined in the JORC (2012) Code.Data VerificationAll information contained in this announcement is derived from and supported by the 2026 Technical Report. The scientific and technical information included in the 2026 Technical Report, which forms the basis of this news release disclosure, was reviewed by the Qualified Persons who determined that the disclosure is consistent with the guidelines CIM guidelines and complies with the requirements of NI 43-101 for public disclosure.The data verification was carried out by taking the original information, comparing it with what was reported in the 2022 technical report, and also reviewing the procedures that Austral applied during its drilling and quality assurance activities.All information captured and processing procedures and protocols have been developed to detect deviations in the early stages of the process and to apply corrective measures for mitigation and to minimize the source of risk of failures in the information generated and declared as public.A site visit was undertaken by each of the Qualified Persons. However, it was not possible to oversee the drilling procedures and processes for data collection. Each of the Qualified Persons reviewed the protocols and procedures and determined that are in line with industry standards.Analytical laboratories for the project have not been inspected at this stage. A thorough Quality Assurance and Quality Control ("QA/QC") program adhering to internationally accepted standards were completed for Austral drilling over the past phases. Each of the Qualified Persons is satisfied with the methods employed for internal data validation and for the purpose of the mineral resource estimate.Each of the Qualified Persons considers that the sample preparation, security, and analytical procedures adopted for the resource drilling provide an adequate basis for the current mineral resource estimate and that the QAQC program and procedures developed by the Austral geology team and reviewed by each of the Qualified Persons are adequate. The data contained in the drill hole database were generated and collected according to the industrial standards and Austral applied proper programs to keep the security of the data developed by the Austral geology team and reviewed by each of the Qualified Persons.Further InformationFor the purposes of listing Rule 5.9.1, the Company wishes to provide a summary of the material assumptions and outcomes of the Technical Report that was used to upgrade the mineral resources to ore reserves. This information is to be read together with the JORC (2012) Code Table 1 Report.Ore Reserve BasisThe Ore Reserve estimate has been derived from the Guanaco Mineral Resource Estimate dated 30 November 2025. Only Measured and Indicated Mineral Resources were considered for conversion to Ore Reserves. Measured Resources were converted to Proven Ore Reserves and Indicated Resources were converted to Probable Ore Reserves. Inferred Mineral Resources were excluded from the Ore Reserve estimate, mine schedule and economic analysis.Geology and MineralisationGuanaco and Inesperada comprise high-sulphidation epithermal gold-silver deposits located in the Antofagasta Region of northern Chile. Mineralisation is hosted within structurally controlled silica-rich ledge systems associated with advanced argillic alteration and is concentrated within ENE- to E-W-trending structural corridors.Sampling, Drilling and Data QualityThe Mineral Resource and Ore Reserve estimates are supported by extensive drilling and sampling completed since 2004, comprising:697 reverse circulation drill holes for 108,243 m;145 diamond drill holes for 24,206 m; and14 combined RC/DDH drill holes for 6,451 m.Resource estimation is supported by drilling, underground channel sampling and comprehensive QAQC procedures including certified reference materials, blanks, field duplicates, laboratory duplicates and coarse duplicates. Independent reviews by AMEC, SLR and RPA reported no material issues affecting the reliability of the sampling, assay database or geological interpretation.Mineral Resource EstimationMineral Resources were estimated using Ordinary Kriging within geological domains interpreted from drilling, underground development and detailed geological mapping. Resource classification was based primarily on geological continuity, data quality and drill spacing, with Indicated Resources generally requiring a drill spacing of approximately 25 m x 25 m.Resources are constrained within conceptual open pit shells demonstrating reasonable prospects for eventual economic extraction using operating and processing assumptions consistent with the existing Guanaco operation.Mining FactorsThe Ore Reserve is based on conventional truck-and-excavator open pit mining and the reprocessing of existing heap leach pads.Key mining assumptions include:15 m bench heights;10% mining dilution;90% mining recovery;open pit optimisation using sector-specific economic and operating parameters; andcontract mining with mobile equipment supplied by the mining contractor.The Ore Reserve is supported by pit designs and mine schedules developed from detailed engineering studies and economic evaluation.Metallurgical FactorsThe Ore Reserve assumes treatment through the existing Guanaco processing facilities, comprising:heap leach processing with CIC-ADR/Merrill-Crowe recovery; andagitation leach processing with milling, CCD and Merrill-Crowe recovery.These are established commercial-scale operating circuits with substantial operating history. Average life-of-mine recoveries are forecast at approximately:72% gold; and47% silver.Cut-off GradesReserve cut-off grades were derived using sector-specific operating costs and metal price assumptions. Cut-off grades range from:0.40 g/t to 0.46 g/t AuEq for Heap Leach material; and0.68 g/t to 0.72 g/t AuEq for Agitation Leach material.No cut-off grade has been applied to Heap Leach Pads 1, 2 and 3, as the entire inventory is scheduled for reprocessing.InfrastructureThe Ore Reserve benefits from substantial existing infrastructure, including:operating heap leach and agitation leach processing plants;camp and site accommodation;grid power connection with backup generation;water supply supported by existing water rights; andestablished road access from Antofagasta and Taltal.Environmental and PermittingThe operation currently holds the permits required for existing operations. The Ore Reserve incorporates future mining at Inesperada and portions of Dumbo that are subject to completion of environmental approval processes, including the submission and approval of an Environmental Impact Declaration (DIA) and associated sectoral permits. Approval is currently targeted for Q4 2026/Q1 2027.Environmental studies indicate low acid rock drainage potential, and tailings disposal is based on the existing filtered dry-stack tailings storage facility. Expansion of the tailings facility will be required during the mine life.Economic AssumptionsThe Ore Reserve is supported by a life-of-mine economic model using:metal prices as set out under Metal Price Assumptions above;a 10% discount rate; anda 27% Chilean corporate tax rate.The study generated an after-tax NPV (10%) of approximately US$192.1 million and demonstrates positive economic returns over the planned mine life.Classification and ConfidenceThe Competent Persons consider that the Ore Reserve appropriately reflects the level of confidence in the underlying Measured and Indicated Mineral Resources, mining assumptions, metallurgical performance and economic evaluation. No Ore Reserves have been derived from Inferred Mineral Resources.About Austral GoldAustral Gold is a gold and silver mining producer building a portfolio of quality assets in the Americas based on three strategic pillars: production, exploration and equity investments. Austral continues to lay the foundation for its growth strategy by advancing its attractive portfolio of producing and exploration assets. For more information, please visit the Company's website at www.australgold.com.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Release approved by the Company's Chief Executive Officer of Austral Gold, Stabro Kasaneva.For additional information, please contact:David HwangJose Bordogna, CFAJoint Company SecretaryChief Financial Officer and Joint Company SecretaryAustral Gold LimitedAustral Gold Limiteddavid@confidantpartners.comjose.bordogna@australgold.com+61 433 292 290+61 466 892 307 Forward-Looking StatementsStatements in this news release that are not historical facts are forward-looking statements. Forward-looking statements are statements that are not historical, and consist primarily of projections and statements regarding future plans, expectations and developments. Words such as "expects", "intends", "plans", "may", "could", "potential", "should", "anticipates", "likely", "believes" and words of similar expressions are intended to identify forward-looking statements. The forward-looking statement in this news release include, but are not limited to, all projections with respect to the Guanaco Mine including Mineral Reserve and Mineral Resource estimates, all projected and future economic statements with respect to the Guanaco Mine, all projections related to future project advancement, including to production, expected production levels, operational performance, costs, expenses, taxes, financial outcomes and strategic growth, belief that the Company is in a strong position to generate sustainable value, statements that the Company may realize on its opportunities resulting from leveraging existing processing facilities and established operating infrastructure, the belief that such advantages may reduce execution risk and capital expenditures, and the timely receipt of the DIA and associated permits.All of these forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied, including, without limitation, uncertainty of exploration programs, development plans and cost estimates, commodity price fluctuations, political or economic instability and regulatory changes, macro economic fluctuations, currency fluctuations, the state of the capital markets, uncertainty in the measurement of mineral resources and reserves, timely receipt of the DIA and all permits and approvals, and other risks and hazards related to the exploitation and development of mineral properties, as well as the availability of capital. You are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Austral cannot assure you that actual events, performance or results will be consistent with these forward-looking statements, and management's assumptions may prove to be incorrect. Austral's forward-looking statements reflect current expectations regarding future events and operating performance and speak only as of the date hereof and Austral does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable law. For the reasons set forth above, you should not place undue reliance on forward-looking statements. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306181 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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36th Hong Kong Book Fair continues to be a beloved cultural event ACN Newswire

36th Hong Kong Book Fair continues to be a beloved cultural event

HONG KONG, July 21, 2026 - (ACN Newswire via SeaPRwire.com) - Organised by the Hong Kong Trade Development Council (HKTDC), the 36th HKTDC Hong Kong Book Fair, together with the 9th HKTDC Sports and Leisure Expo and 6th HKTDC World of Snacks, concluded successfully today. The three fairs, which ran for seven days, attracted 990,000 visits and brought together more than 770 exhibitors from 30 countries and regions. The Hong Kong Book Fair, alongside the “Cultural July • Joyful Summer Reading,” featured more than 600 vibrant events, both at the fairground and across the city.Under the theme “Reading the World: Cultural Legacy | Joyful Journeys”, this year's Hong Kong Book Fair enabled booklovers from near and far to discover the histories, cultures and human stories of places around the world. Together with the two concurrent fairs, it created strong synergies and delivered a diverse experience for the public. With a single ticket, visitors enjoyed the pleasures of reading, sports and leisure activities, and snacks from around the globe, delivering an unforgettable experience for all.Jenny Koo, HKTDC Deputy Executive Director, said: “Despite heavy rain in the first few days of the Book Fair, our visitors remained enthusiastic about the event. The atmosphere was especially lively on Saturday and Sunday, as people turned out in force to purchase their favourite items, demonstrating that the Book Fair continues to be a beloved cultural event that is captivating the public. Many cultural seminars drew an enthusiastic response, Liu Zhenyun's seminar was a full house. The inaugural ASEAN Literary Festival was also well received, with lively sessions that enabled ASEAN authors to engage directly with readers from different places, highlighting Hong Kong’s role as the East-meets-West centre for international cultural exchange.”She added that, coinciding with the 60th anniversary of the HKTDC, a celebratory activity was held during the fair. Prof Frederick Ma, HKTDC Chairman, took part in a lively “Wan Chai Community Art Creation Workshop” on 16 July, alongside Hong Kong artist Jane Lee (Messy Desk) and over 100 primary and secondary school students. Together, they painted scenes depicting Hong Kong's vibrant economic landscape and jointly created a meaningful piece of art, which will be on display at the eastbound O’Brien Road tram stop in Wan Chai from 2 to 29 October.Survey: Buying new books topping visitors’ agendaThe organiser commissioned a research institute to conduct a survey of visitors’ spendingbudgets and reading habits, interviewing more than 860 respondents. Results showed thataverage spending at the Book Fair this year was HK$923. In addition, more than 90% of exhibitors across the three fairs accepted electronic payments, while 85% of respondents used electronic payment methods during their visit, representing an increase over last year.The primary purpose of attending the Book Fair was purchasing newly released books (45%), followed by enjoying discounted book prices (43%) and experiencing the cultural atmosphere of an international book fair (23%). The findings highlight the Book Fair's dual role as both a destination for readers and a key sales and promotional platform for the publishing industry. Furthermore, 98.2% of respondents indicated their visit had achieved their intended objectives, showing that the Book Fair remains appealing to readers seeking to purchase books. In terms of reading preferences, fiction (46%) ranked first, followed by literature (22%), comics (21%), children's and young adult titles (18%) and supplementary exercises (16%).Book lovers go home laden with finds as booksellers pull out all the stopsThe Book Fair, the cultural event most cherished by book lovers, continued to attract large numbers of local residents and visitors eager to purchase their favourite titles. Visitor Ms Lam, attending the Book Fair for the second year, came prepared with a suitcase and estimated her total spending at around HK$20,000, more than double last year’s amount. Her main objective was to buy books for her children, and she expressed that she would return again next year. Having already spent about HK$13,000 in just half a day, mainly on Chinese and English children’s books, she had also picked up some educational toys and planned to continue shopping for an e-reader. She said the Book Fair’s wide selection of books and cultural products made it easy to compare prices and enjoy discounts.Mr Chan, a regular visitor, did research online and discovered that publishers often offer special discounts during the Book Fair. He therefore decided to wait and buy a children's learning set at the fair. In addition to teaching materials, he bought a range of other books, including literature, history and philosophy, spending over HK$30,000 in total.Cosmos Books Director and Deputy General Manager Alva Au said the Book Fair is the largest annual event bringing together book lovers, authors, and publishers, giving authors the chance to connect with readers in person or to launch new books. Around 40 new titles made their exclusive debut at the fair, the most popular being works by renowned authors, Hong Kong themed publications and history titles. She added that the Book Fair helps her stay attuned to industry trends and market demand, both essential for preparing the coming year’s publishing plans. Visitor traffic remained strong throughout, she noted, with a notable increase over the weekend, as many book lovers came to buy works by their favourite authors. A number of mainland visitors also travelled to Hong Kong specifically to buy Hong Kong editions and books on Hong Kong-related topics.Bangzo Books HK is popular among many book lovers. Its booth has gradually expanded from the Children’s Paradise to the Foreign Language World, featuring the best-selling fiction for young adults. Company owner Abdul hopes to offer readers the best-value English books. Each year, he expands the pavilion and invites renowned authors to the fair for signing sessions with fans. Satisfied with this year’s traffic and sales, he had sold almost 90% of the inventory by the fifth day, with some titles selling out over the weekend. He is considering expanding the booth further and plans to return next year with an even wider selection of titles. Ms Ho, Marketing Department representative and Book Fair coordinator at Classroom Publications, said the fair serves as an important annual exposure platform for the company. She observed that secondary school students mainly purchased the latest Chinese and English mock examination papers, while primary school students favoured reading comprehension exercises. Given the more cautious consumer sentiment this year, the company boosted its giveaways to help drive sales.The fair also facilitated cross-regional business collaboration. Rashid Alkous, Executive Director of the Emirates Publishers Association, a first-time exhibitor from the United Arab Emirates (UAE), said: “One of our key objectives at the fair is to help member publishers secure rights sales and translation partnerships. By the third day, we had concluded agreements with around 15 publishers, and successfully sold the rights to 25 titles. We will also translate traditional Chinese books into Arabic and introduce them to the Middle Eastern market. We plan to return to the Book Fair next year and expand our presence."Bringing together readers from around the world, fostering cultural exchangeThe Book Fair’s Eight Seminar Series were warmly received, bringing readers and authors from different places together for in-person exchange. The newly launched ASEAN Literary Festival was a particular highlight: a session led by Malaysian author Daryl Yeap drew a good number of students and readers. Yeap said the audience showed great curiosity about the topic and noted that the stories of overseas Chinese communities form an important part of world history. Bringing these stories to Hong Kong from a fresh perspective, she said, was particularly meaningful.Registration for a seminar by renowned author Liu Zhenyun reached full capacity twice, attracting more than 1,400 onsite attendees. Ms He, a visitor from Zhuhai, felt fortunate to secure a place and travelled to Hong Kong especially to meet the author. Having attended the Book Fair for several consecutive days, she described its scale as impressive and its selection of books as extensive. She said the crowds reflected Hong Kong’s openness and appreciation for literature. In addition to buying books by Eileen Chang, Su Tong and Leo Ou-fan Lee, she also joined several seminars and hoped to discover unique cultural and creative products.The popular “Cultural and Creative Spaces” also returned this year. Create Hangzhou took part for the first time. Its representative, Mr Zhang, said that aside from Hong Kong readers, visitors from the Chinese Mainland, Taiwan and the United States had shown keen interest in the miniature movable-type printing experience, which helped promote traditional Chinese culture. Another exhibitor, Tsi Ku Chai, reported encouraging results. Assistant General Manager and Administrative Director Brian Lai said: “The overall atmosphere at the fair has been very positive. Dunhuang Inspiration metal puzzles, Tsi Ku Chai cultural products and merchandise designed by local artists have all proved popular. Blind-box products aimed at younger consumers have performed particularly well, and overall sales had recorded steady growth.”Industry leaders explore new opportunities in the AI eraThe Book Fair also served as a key annual platform for industry exchange. The International Publishing Forum and IP Roundtable, both sponsored by the Cultural and Creative Industries Development Agency of the Government of the Hong Kong Special Administrative Region (HKSAR), further reinforced Hong Kong's role as a regional intellectual property trading centre. This year's discussions focused on the developments in publishing and copyright in the age of artificial intelligence. Publishing and copyright experts from seven countries and regions came together to share insights, drawing over 250 industry professionals.Co-organised by the HKTDC and the Hong Kong Publishing Federation, the International Publishing Forum was themed “Reading for All in the Age of AI: Reshaping and Co-evolution”. Representatives from publishers, cultural content platforms and technology and information companies explored how collaboration could create greater impact, how AI could enhance reading efficiency and cultivate critical and in-depth thinking, and how cross-sector cooperation could foster a reading culture. The forum was widely praised for balancing strategic vision with practical insight.Organised by the HKTDC and co-organised by the Hong Kong Reprographic Rights Licensing Society, the IP Roundtable welcomed leading industry figures from Hong Kong, Malaysia, Belgium, Norway, the United Kingdom and the UAE. Under the theme “Copyright in Transition: Reshaping Rights, Challenges & Opportunities in the Age of AI”, participants discussed changes in IP regulations and policies across jurisdictions, their implications for rights holders and licensing strategies, and the opportunities arising from innovation and cross-border collaboration. The session also examined global trends in the IP market and creative industries, with enthusiastic response on the spot, offering participants valuable forward-looking perspectives.Cultural Summer continues through JulyThe HKTDC’s “Cultural July • Joyful Summer Reading”, organised in collaboration with partners including the Intangible Cultural Heritage Office, the Hong Kong Resource Centre for Heritage and Central Market, will run through the end of July. Activities across Hong Kong Island, Kowloon and the New Territories will include cultural tours and public education programmes under the “Mobile Intangible Cultural Heritage” initiative, extending the city’s summer reading and cultural momentum.Sports and Leisure Expo and World of Snacks prove popular tooThis year's Sports and Leisure Expo featured a diverse range of sports, fitness and edutainment experiences designed to encourage healthy lifestyles. The “Multi-sport Playground” presented by the Hong Kong Playground Association drew significant attention, with more than 3,600 visitors taking on challenges such as an 8-metre abseil and the “Fit & Fearless Challenge”, testing both courage and physical fitness. First-time exhibitor My Mini Zoo also proved a hit with families, allowing children to interact up close with animals such as lop rabbits, bullfrogs and corn snakes while learning about the natural world.Meanwhile, the World of Snacks comprised six themed zones showcasing a wide variety of traditional and innovative snacks. Visitors seized the chance to discover international delicacies, party treats and healthier snack options, enjoying a rich and flavourful culinary experience.The HKTDC will continue to organise exhibitions and conferences that create business opportunities and foster industry exchange. Key events in the second half of the year include the Food Expo, Food Expo PRO, Beauty & Wellness Expo, Home Delights Expo and Hong Kong International Tea Fair in August; the Hong Kong Watch & Clock Fair, Salon de TIME and CENTRESTAGE along with the Belt and Road Summit in September; the Hong Kong Electronics Fair (Autumn Edition), Hong Kong International Lighting Fair (Autumn Edition), electronicAsia, Eco Expo Asia and Hong Kong International Outdoor and Tech Light Expo in October; the Hong Kong International Wine & Spirits Fair, Hong Kong International Optical Fair, HKTDC Entrepreneur Day, the Business of IP Asia Forum and DesignInspire in November. Together, these events will help foster international trade cooperation, reinforce Hong Kong's position as an international business hub, and strengthen its role as both a super connector and a super value-adder.Photo download: https://bit.ly/4w82Ju6The Hong Kong Book Fair, Sports and Leisure Expo and World of Snacks concluded successfully today, drawing a combined total of 990,000 visits.Both adults and children were immersed in the joy of the Hong Kong Book Fair.Chinese Mainland Publishers showcased around 20,000 quality publications, with Yunnan serving as this year's featured mainland province. The pavilion presented the province’s rich and diverse ethnic cultures, unique ecological environment, and distinctive cultural and tourism resources, inviting readers to discover Yunnan through literature.The Renowned Writers Seminar Series welcomed distinguished authors from Hong Kong and around the world to share their writing journeys. A highlight was the seminar led by acclaimed author Liu Zhenyun, whose works have been selected among Yazhou Zhoukan’s top 10 Chinese novels, which drew an enthusiastic crowd of more than 1,400 and generated an overwhelming response.The HKTDC inaugurated the ASEAN Literary Festival as part of its English and International Reading Seminar Series, with best-selling author Daryl Yeap leading a seminar and meeting readers at the Book Fair.The International Publishing Forum, themed “Reading for All in the Age of AI: Reshaping and Co-evolution”, explored how artificial intelligence can enhance reading efficiency, foster deeper critical thinking and help build a reading culture in society.The IP Roundtable brought together international intellectual property experts and industry representatives to explore “Copyright in Transition: Reshaping Rights, Challenges & Opportunities in the Age of AI”, examining the impact and opportunities arising from new IP regulations and policy developments around the world.An interactive attraction presented by the Hong Kong Playground Association at the Sports and Leisure Expo proved highly popular, with visitors taking on an 8-metre abseiling challenge that tested both their courage and physical fitness.The six themed zones of World of Snacks offered a diverse array of treats from around the world, drawing crowds of eager shoppersMedia enquiriesHong Kong Book Fair, Hong Kong Sports and Leisure Expo and World of SnacksYuan Tung Financial Relations:Louise Song Tel: (852) 3428 5690Email: lsong@yuantung.com.hkTiffany LeungTel: (852) 3428 2361Email: tleung@yuantung.com.hkHKTDC’s Communications & Public Affairs Department:Noah QiuTel: (852) 2584 4575Email: noah.yl.qiu@hktdc.orgNavin LawTel: (852) 2584 4525Email: navin.cm.law@hktdc.orgJane CheungTel: (852) 2584 4137Email: jane.mh.cheung@hktdc.orgHong Kong Sports and Leisure Expo, World of SnacksHKTDC’s Communications & Public Affairs Department:Stanley SoTel: (852) 2584 4049Email: stanley.hp.so@hktdc.orgHKTDC Media Room: http://mediaroom.hktdc.comAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via trade publications, research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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CANEX to Pay Out Bulk of Dissenting Gold Basin Shareholders in Canex Shares and Updates Helix Litigation ACN Newswire

CANEX to Pay Out Bulk of Dissenting Gold Basin Shareholders in Canex Shares and Updates Helix Litigation

Calgary, Canada, July 22, 2026 - (ACN Newswire via SeaPRwire.com) - CANEX Metals Inc. ("CANEX" or the "Company") and our 100% owned subsidiary Gold Basin Resources Corp. ("Gold Basin") are pleased to announce that the bulk of dissenting Gold Basin shareholders will be paid out in CANEX shares and not cash. We also provide an update on the litigation against Helix Resources Ltd. ("Helix") (HLX) and announce a new civil suit has been filed against former directors and officers, Michael Povey and Charles Straw.Highlights:Bulk of dissenting shareholders of Gold Basin to be paid out in CANEX shares and not cashSettlement of the dissenting Gold Basin shareholders is the final step in completing the 100% acquisition of Gold Basin into CANEXLitigation against Helix Resources has been amended and strengthenedLitigation against Michael Povey and Charles Straw has been initiatedDissenting Shareholders of Gold Basin ResourcesDuring the June 4, 2026, special meeting (the "Meeting") of Gold Basin shareholders, notices of dissent were received from registered Gold Basin shareholders holding 30,387,668 Gold Basin shares. A notice of Intention to Proceed was sent to each dissenting shareholder providing instructions on submitting a written statement along with original share certificates within 30 days to complete the exercise of their dissent rights and require Gold Basin to purchase their common shares. The deadline to submit a written statement and share certificates has now passed and Gold Basin only has received a valid statement and copies of share certificates from the holders of 597,367 Gold Basin shares completing the exercise of their dissent rights.In accordance with Section 244 of the BCBCA, and as outlined in Gold Basins' management information circulated dated May 14, 2026, shareholders of Gold Basin who delivered notices of dissent, but who have not submitted a written statement along with original share certificates to complete the exercise of their dissent rights, ("Delinquent Dissenters") are now deemed to have participated in the Arrangement on the same terms as Gold Basin shareholders who supported the Arrangement. Upon surrender for cancellation of their share certificates or DRS Advices, together with a duly completed Letter of Transmittal and such additional documents and instruments as the Computershare Investor Services Inc. may reasonably require, Delinquent Dissenters will received shares of CANEX at the ratio of 0.592 CANEX share for each Gold Basin share.CANEX will issue up to approximately 17,635,853 shares of CANEX to Delinquent Dissenters and in doing so will complete its obligations under the Plan of Arrangement. After these shares are issued CANEX will have approximately 247.1 million shares outstanding, with Delinquent Dissenters holding roughly 7% of CANEX's shares.Settlement of the dissenting Gold Basin shareholders is the final step in completing the 100% acquisition of Gold Basin into CANEX. With this final piece nearing completion CANEX can now focus its efforts on advancing the fully consolidated district.Litigation UpdateCANEX maintains that the Gold Basin - Helix Farm In Agreement announced by Helix on April 29, 2025, is not valid and has no standing. On October 28, 2025, three shareholders of Gold Basin commenced litigation against Helix related to the Farm-In Agreement. On July 10, 2026, an application was filed in the Supreme Court of British Columbia to amend the original petition to substitute Gold Basin as the Petitioner, in place of the three individual shareholders. In addition, the application seeks to amend the petition with new information obtained after new management took control of Gold Basin. The draft amended petition asserts, among other things, that Helix and former Gold Basin directors proceeded with an agreement in defiance of a court order, without required Canadian regulatory approval, and failed to disclose multiple related party dealings and conflicts of interest between Michael Povey, Charles Straw, Kevin Lynn, Gold Basin, Helix, and Charrua Capital LLC ("Charrua"). The litigation will seek to have the Helix Farm-In agreement set aside and require Helix to pay the costs incurred by Gold Basin in the proceedings.On July 10, 2026, Gold Basin filed a separate notice of civil claim in the Supreme Court of British Columbia against Mr. Povey and Mr. Straw for breach of their fiduciary duties to Gold Basin. The claim alleges multiple undisclosed related party dealings, conflicts of interest, self-dealing, misappropriation of corporate funds, and placing personal interests ahead of those of Gold Basin. As recently as June 2026, in the hearing before Justice Fitzpatrick to approve the Plan of Arrangement, Mr. Straw refused to clarify his interest in Helix and whether he benefitted from the Helix Farm-In Agreement. Although Justice Fitzpatrick did not conclusively make any findings of wrongdoing or misconduct against Mr. Straw, Justice Fitzpatrick noted Mr. Straw's leadership of Gold Basin resulted in the cease trade order and his conduct in relation to the Gold Basin's valuation was intended to "cause mischief". As a further example of Mr. Straw and Mr. Povey's breach of fiduciary duties, on or about August 21, 2024, Gold Basin obtained an unsecured loan from Charrua. At that time Mr. Povey was both an owner of Charrua and a director of Gold Basin, a related party conflict that was not disclosed. Subsequently the Charrua loan was used in a failed attempt to strip assets from Gold Basin. A portion of the proceeds from the Charrua loan were inappropriately paid out to Mr. Straw, a significant portion was inappropriately transferred to a bank account under Mr. Straw's personal control, and some of these funds were subsequently lost or stolen while in Mr. Straw's personal possession. Gold Basin is looking to prove these allegations at trial and seek damages and equitable compensation. In addition, Gold Basin seeks damages for any losses incurred in respect of the Helix Farm-In Agreement.Exploration PlanningThe Company is advancing permitting efforts at both the Gold Basin property in Arizona and the Louise Copper-Gold porphyry property in British Columbia. Further announcements will be made once permits are in hand and exploration activities are scheduled.About CANEX MetalsCANEX Metals (TSXV:CANX) is a Canadian junior exploration company and owns 100% of Gold Basin Resources Corporation. CANEX is advancing the contiguous Gold Range and Gold Basin properties in Mohave County, Arizona. The combined properties contain numerous drill defined gold deposit ranging up to 1.7 kilometres in length and have seen over 950 historic and current drill holes.CANEX is also advancing the Louise Copper-Gold Porphyry project in British Columbia. Louise contains a large historic copper-gold resource with drill ready targets below and lateral to historic mineralization, offering investors copper and gold discovery potential. CANEX is led by an experienced management team which has made three notable porphyry and bulk tonnage discoveries in North America.Dr. Shane Ebert P.Geo., is the Qualified Person for CANEX Metals and has approved the technical disclosure contained in this news release."Shane Ebert"Shane EbertPresident/DirectorFor Further Information Contact:Shane Ebert at 1.250.964.2699 orJean Pierre Jutras at 1.403.233.2636Web: http://www.canexmetals.caNeither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "will", "asserts", "potentially", "plans", "seeks", "advancing" and similar expressions, the final treatment of Delinquent Dissenters, whether Gold Basin will be successful in litigation against Helix, Michael Povey or Charles Straw, and whether an exploration permit application is accepted by the Bureau of Land Management, and advancement of the Gold Basin project and Louise Copper-Gold Porphyry project, are forward-looking information that represents management of CANEX's internal projections, expectations or beliefs concerning, among other things, litigation, future operating results and various components thereof or the economic performance of CANEX. The projections, expectations and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause CANEX's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in CANEX's filings with the Canadian securities authorities, the possibility that legal proceedings may be instituted against CANEX, Gold Basin, and/or others, and risks inherent in the mining industry. Accordingly, holders of CANEX shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. CANEX disclaims any responsibility to update these forward-looking statements, except as required by law.SOURCE: CANEX Metals Inc. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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U.S. Polo Assn. Sponsors the 2026 St. Regis British Open Polo Championship for the Cowdray Gold Cup as Official Apparel Partner ACN Newswire

U.S. Polo Assn. Sponsors the 2026 St. Regis British Open Polo Championship for the Cowdray Gold Cup as Official Apparel Partner

WEST PALM BEACH, FL AND WINDSOR, ENGLAND, July 22, 2026 - (ACN Newswire via SeaPRwire.com) - U.S. Polo Assn.® in partnership with Brand Machine Group (BMG), its partner in the United Kingdom, proudly continued its long-standing support of the British high-goal season as the Official Apparel Partner of the 2026 St. Regis British Open Polo Championship for the Cowdray Gold Cup, held June 23 through July 19 at Cowdray Park Polo Club, known widely as "The Home of British Polo."1) 2026 St. Regis British Open Polo Championship for the Cowdray Gold Cup Winners, Gaston Polo Team, accepting trophy on stage at Cowdray Park Polo Club2) Gaston Polo Team attacking the ball against Dubai Polo Team in the 2026 St. Regis British Open Polo Championship for the Cowdray Gold Cup Final3) The British Ladies Open Championship Finalists, Yaguara and Salty Polo, on stage at Cowdray Park Polo Club4) U.S. Polo Assn.'s Experiential Merchandise Tent spotlighting the brand's campaign, ‘The Polo Shirt: An Icon Born from the Game™‘ at the 2026 St. Regis British Open Polo Championship for the Cowdray Gold CupPhoto Credit: Mark BeaumontThe British Open Polo Championship for the Cowdray Gold Cup Final will be featured on the award-winning series, "Breakaway: Polo in Europe" on TNT, Eurosport, and Global Polo YouTube. Check local listings for airtimes.As one of the most celebrated tournaments in the world, the St. Regis British Open Polo Championship for the Cowdray Gold Cup brought 19 elite teams and many of the sport of polo's most accomplished international players together for nearly a month of high-goal competition. The 22-goal tournament featured standout players, including 10-goalers Poroto Cambiaso and Camilo ‘Jeta' Castagnola, along with a deep field of 9-goal talent such as Adolfo Cambiaso, Facundo Pieres, Fran Elizalde, Tomas Panelo, Hilario Ulloa, Pablo Mac Donough, Juan Martin Nero, Bartolome ‘Barto' Castagnola, and rising star Lorenzo Chavanne (8-goal), to name a few.As part of its multi-year partnership with Cowdray Park Polo Club, U.S. Polo Assn. provided custom co-branded apparel to all on-site staff, presented the MVP Award, and donated to Cowdray's selected charity, Midhurst Palliative Care. Enhancing the final day of the tournament, U.S. Polo Assn. hosted an Experiential Merchandise Tent highlighting the brand's newest global campaign, The Polo Shirt: An Icon Born from the Game™, a photo wall, an inflatable polo shirt, and the brand's signature cocktail, The Divot Stomp, served in a souvenir aluminum cup with a polo mallet stirrer. All branded elements highlighted the U.S. Polo Assn.'s authentic connection to the sport of polo and the evolution of its fashion icon, the polo shirt.St. Regis British Open Polo Championship for the Cowdray Gold Cup Final At-a-Glance:Final Matchup: Gaston Polo Team (Gonzalo Ferrari, Cruz Heguy, Beltran Laulhe, Jean Pal Luksic) vs. Dubai Polo Team (Tariq Albwardy, Bartolome ‘Barto' Castagnola, Antonio Heguy, Santos Merlos)Date: July 19, 2026Location: Cowdray Park Polo ClubFinal Score: 9 (Gaston Polo Team) - 8 (Dubai Polo Team)U.S. Polo Assn. MVP Award: Cruz Heguy (Gaston Polo Team), presented with the U.S. Polo Assn. MVP Weekender Bag by J. Michael Prince (President & CEO, USPA Global) and Boo Jalil (CEO, Brand Machine Group). St. Regis also presented a 2-Night Stay at any Europe St. Regis hotel, given by Gwendoline ChristieBest Playing Pony: Alberts Yarára, played by Bartolome ‘Barto' Castagnola, owned by Dubai Polo Team, and presented by The Honorary Lila PearsonCharity Beneficiary: Midhurst Palliative CareBroadcast: Game featured on "Breakaway: Polo in Europe" on TNT, Eurosport, and Global Polo YouTube. Check local listings for airtimes.Game Highlights: In an unforgettable final, underdog Gaston Polo Team defeated Dubai Polo Team 9-8, leading nearly 80 percent of the match and never allowing the favorites to pull away. Gaston opened with its strongest chukka, taking an early 2-0 lead, while Dubai's Bartolome ‘Barto' Castagnola worked to control the pace alongside Santos Merlos and Antonio Heguy. The Gaston players responded with fast, open, attacking gameplay, breaking up Dubai's rhythm and keeping the closely matched contest within reach throughout. Cruz Heguy finished as the top goal scorer, helping write a new chapter in Cowdray Gold Cup history as the Heguy name returned to the trophy across generations."U.S. Polo Assn. is honored to continue supporting the 2026 St. Regis British Open Polo Championship for the Cowdray Gold Cup as the Official Apparel Partner, one of the most prestigious tournaments in the world," said J. Michael Prince, President and CEO of USPA Global, the company that manages and markets the multi-billion-dollar U.S. Polo Assn. brand. "From world-class athletes and historic grounds to meaningful fan engagement, this tournament represents everything that makes the sport of polo so compelling."This year also marked a significant milestone for the women's tournament, with the British Ladies Open Championship Final held on the same day as the St. Regis British Open Polo Championship for the Cowdray Gold Cup for the first time. The 22-Goal British Ladies Open Championship, played July 6-19, further underscored Cowdray Park Polo Club's role as a global stage for the sport of polo and reflected the sport's distinctive format, where men and women can compete together at the highest levels. U.S. Polo Assn. proudly donated to the Power of Polo charity at the British Ladies Open Championship.British Ladies Open Championship Final At-a-Glance:Final Matchup: Yaguara (Mia Cambiaso, Myla Cambiaso, Milly Hine, Martina Lowe) vs. Salty Polo (Nina Clarkin, Bella Lavinia, Catalina Lavinia, Madison Rochlin)Date: July 19, 2026Location: Cowdray Park Polo ClubFinal Score: 7 (Yaguara) - 6.5 (Salty Polo)Gusbourne MVP Award: Milly Hine (Yaguara)Best Playing Pony: Matuza Cassie, owned and played by Catalina Lavinia (Salty Polo)Charity Beneficiary: Power of Polo"In partnership with U.S. Polo Assn., we are proud to continue building meaningful connections between sport, heritage, and lifestyle while bringing the energy of the St. Regis British Open Polo Championship for the Cowdray Gold Cup to fans and consumers in the U.K. and beyond," said Boo Jalil, CEO of Brand Machine Group, the United Kingdom partner for the U.S. Polo Assn. brand. "This tournament is an exceptional platform to showcase the authenticity of U.S. Polo Assn. and its deep connection to the sport of polo, while also supporting an elevated experience for guests throughout the final day."Cowdray Park Polo Club, set in the heart of the English countryside, is known for hosting some of the most competitive and memorable moments in the sport of polo. The 2026 Final for the 2026 St. Regis British Open Polo Championship for the Cowdray Gold Cup continued that tradition, bringing together global athletes, passionate fans, luxury partners, and a vibrant on-site atmosphere that celebrated both the history and future of the tournament."We are delighted to have U.S. Polo Assn. continue as the Official Apparel Partner of the St. Regis British Open Polo Championship for the Cowdray Gold Cup," said Jonathan Russell, CEO of Cowdray Estate. "Their ongoing support enhances the tournament experience for players, staff, and guests, while helping elevate the global profile of Cowdray Park Polo Club and one of the most important competitions in the sport of polo."About U.S. Polo Assn. and USPA GlobalU.S. Polo Assn. is the official sports brand of the United States Polo Association (USPA), the largest association of polo clubs and polo players in the United States, founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,200 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. The brand sponsors major polo events around the world, including the U.S. Open Polo Championship®, held annually at NPC in The Palm Beaches, the premier polo tournament in the United States. Historic deals with ESPN in the United States, TNT and Eurosport in Europe, Star Sports in India, and BeIn Sports in the Middle East now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has recently been named one of USA Today's Most Trusted Brands and has consistently been named one of the top global sports licensors in the world alongside the NFL, PGA Tour, and Formula 1, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global growth and sport content. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world. For more information, visit uspoloassnglobal.com and follow @uspoloassn.USPA Global is a subsidiary of the United States Polo Association (USPA) and manages the multi-billion-dollar sports brand, U.S. Polo Assn. USPA Global also manages the subsidiary, Global Polo, which is the worldwide leader in polo sport content. To learn more, visit globalpolo.com or Global Polo on YouTube.About Brand Machine Group (BMG)BMG is an international leader in fashion innovation which has established itself as a vertical manufacturer and global licensing specialist with over four decades of industry experience. Partnering with recognized market leaders, BMG manages a seamless and collaborative process of designing, manufacturing, and delivering quality products while championing the DNA of a diverse portfolio of brands, spanning fashion, sports, outdoor, and homeware including adult fashion, kidswear, and accessories.BMG's portfolio of brands includes U.S. Polo Assn., Penfield, New Balance Kids, Duchamp, Jack Wills, Flyers American Born, Lee Kids, Peckham Rye, Wrangler Kids, Juicy Couture, Franklin & Marshall, Elle Junior and Ben Sherman. BMG reaffirms its commitment to upholding sustainable and ethical business practices by ensuring full transparency throughout its global supply chain, aligning with the ETI Base Code.Visit brandmachinegroup.com and follow @brandmachinegroup. For appointments contact, sales@brandmachinegroup.com.For Further Information, Contact:Shannon Stilson - VP, Sports Marketing & MediaPhone +001.561.227.6994 - E-mail: sstilson@uspagl.comStacey Kovalsky - VP, Global PR & CommunicationsPhone +001.561.790.8036 - E-mail: skovalsky@uspagl.comGina Digregorio - Marketing Consultant, Brand Machine GroupPhone: +44 (0) 7741 635 984| E-mail: gina.digregorio@brandmachinegroup.comSOURCE: U.S. Polo Assn. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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SuperX and Mercuria Asia Forge Strategic Partnership to Build Innovative AI Infrastructure Ecosystem ACN Newswire

SuperX and Mercuria Asia Forge Strategic Partnership to Build Innovative AI Infrastructure Ecosystem

SINGAPORE, July 22, 2026 - (ACN Newswire via SeaPRwire.com) - SuperX AI Technology Limited (NASDAQ: SUPX, hereinafter referred to as "SuperX") and Mercuria Asia (hereinafter referred to as "Mercuria"), the Asia Pacific platform of Mercuria Energy Group today announced the establishment of a strategic partnership. As part of this partnership, Mercuria Asia has made a strategic investment in SuperX through a convertible note and warrant subscription agreement. The two parties will draw on their respective strengths in global energy, power optimization, capital deployment, and AI data center technology to pursue in-depth cooperation in global AI infrastructure development, jointly advancing the integration of energy solutions and AI infrastructure.The parties will focus on global AI data center development, optimized allocation of power resources, and innovation in energy management, exploring new models of synergistic development among energy, technology, and capital to deliver efficient, reliable, and sustainable global AI computing infrastructure solutions, providing long-term support for the continued growth of the global AI industry.Dr. Huang Chenhong, Chairman and Chief Executive Officer of SuperX, commented: "This long-term strategic partnership with Mercuria represents a significant milestone in SuperX's global expansion. The core long-term challenge for the AI computing power industry lies in electricity costs and low-carbon compliance pressures. Mercuria's global energy network, asset management expertise, and structured energy solutions precisely address our key gaps. Our collaboration will accelerate the implementation of overseas projects in Indonesia, Japan, Thailand, and other regions, while establishing differentiated advantages in green computing power and continuously enhancing the company's long-term profitability and investment value. Building on this partnership, we will deliver more cost-competitive and sustainable AI factory solutions to customers worldwide."Mr. Jin Han, Board Member of Mercuria Group and Chief Executive Officer of Mercuria Asia, stated: "AI infrastructure is becoming a vital conduit for the integrated development of the global energy system and the digital economy. As AI advances rapidly, global computing power demand continues to surge, placing higher demands on stable, low-cost, and sustainable energy supplies while creating new opportunities in energy management, power trading, and infrastructure investment.Mercuria has long focused on infrastructure investments that enhance global energy efficiency and resource allocation. Investing in AI infrastructure is both an important practice in advancing Mercuria's energy strategy and a key direction in positioning for the future energy ecosystem. Our focus extends beyond computing power itself to the long-term industrial value created by the deep integration of energy and AI."SuperX holds leading advantages in full-stack AI data center technology, global deployment, and operations. Mercuria possesses a worldwide energy network, capabilities in power optimization and price risk management, structured financing expertise, and extensive experience in energy asset investment and operations. The complementary strengths of both parties establish a solid foundation for long-term cooperation.Looking ahead, the two parties will deepen cooperation in energy security, AI data center development, and global computing infrastructure, driving the integration of energy and computing power to build an efficient, reliable, and sustainable global AI infrastructure platform that supports the long-term growth of the global AI industry.Mercuria is committed to creating value across the global energy and commodities value chain. The company continuously invests in innovative companies and technologies, strengthens long-term energy security, and optimizes resource allocation through its global network to meet growing energy demand. This partnership with SuperX marks an important step in extending Mercuria's global energy capabilities into the AI era, and reflects its continued commitment to future infrastructure and long-term growth industries.About SuperX AI Technology Limited (NASDAQ: SUPX)SuperX AI Technology Limited is a provider of AI infrastructure solutions, offering AI data centers a comprehensive portfolio that includes proprietary hardware, advanced software, and end-to-end services. The company's offerings encompass advanced solution design and planning, cost-effective infrastructure product integration, and end-to-end operations and maintenance. Its core products include high-performance AI servers, 800-volt direct current (800VDC) solutions, high-density liquid cooling solutions, as well as AI cloud services and AI agents. Headquartered in Singapore, SuperX serves institutional clients globally, including enterprises, research institutions, and cloud and edge computing deployments. For more information, please visit www.superx.sg.About MercuriaMercuria Asia is the Asia Pacific platform of Mercuria Energy Group, one of the world's largest independent energy and commodities groups. Headquartered in Singapore, Mercuria Asia leads the Group's regional energy trading, investment, and infrastructure activities across Asia Pacific. The Group, founded in Geneva, Switzerland, operates globally across the energy value chain, including crude oil and refined products, natural gas and LNG, power, renewable energy, metals, and carbon markets, and is recognized for its strong focus on risk management, compliance, and operational excellence, and for its investment in energy solutions that support global energy security and the energy transition.Safe Harbor Statement This press release may contain forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The reader is cautioned not to rely on these forward-looking statements. The forward-looking events discussed in this press release, including delivery schedules, production capacity, and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.Follow Our Social Media- Investor Relations: ir@superx.sg- X: @SUPERX_AI_- LinkedIn: SuperX AI- Facebook: SuperX AI Technology Limited Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Z Fin Limited Receives Privatisation Proposal from Controlling Shareholder by Way of Scheme of Arrangement

Key Highlights of the Privatisation Proposal of Z Fin Limited- Cash Cancellation Price of HK$6.60 per Scheme Share, representing a premium of approximately 61.37% over the closing price of HK$4.09 per Share on the Last Trading Day, and a premium of approximately 119.27% over the average closing price of approximately HK$3.01 per Share for the 30 trading days;- The Offeror will not increase the Cancellation Price and does not reserve the right to do so;- If the Scheme is not approved or the Proposal otherwise lapses, the Offeror does not intend to make or pursue any further proposal for the privatisation of the Company within five years;- The Offeror and the Offeror Concert Parties together hold approximately 64.86% of the issued Shares of the Company. The Proposal will involve the cancellation of 154,429,004 Scheme Shares, with the maximum cash consideration payable by the Offeror under the Proposal is approximately HK$1.019 billion;- The Proposal provides the Scheme Shareholders with an immediate opportunity to realise their investments in cash - the trading liquidity of the Shares has remained low for a sustained period, with a average daily trading volume for the 30 trading days up to and including the Last Trading Day representing only approximately 0.05% of the Shares in issue;- The privatisation of the Company is expected to enable the Offeror to make strategic decisions focused on the Company's long-term growth and benefits, free from the pressure of market expectations, share price fluctuations and compliance requirements arising from the Company being a publicly listed company, while reducing the administrative costs and management resources associated with maintaining the Company’s listing status;HONG KONG, July 22, 2026 - (ACN Newswire via SeaPRwire.com) - Z Fin Limited (the "Company", stock code: 1168) and Asia Pacific Promotion Limited (the "Offeror") today jointly announced that, on 9 July 2026 (after trading hours), the Offeror requested the Board to put forward the Proposal to the Scheme Shareholders for the privatisation of the Company by way of a scheme of arrangement under section 99 of the Companies Act, together with the proposed withdrawal of the listing of the Shares on The Stock Exchange of Hong Kong Limited (the "Stock Exchange").Cancellation Price of HK$6.60 per Share, a Premium of Over 60%; the Offeror Will Not Increase the Cancellation PriceSubject to the satisfaction or waiver (where applicable) of the Conditions and the Scheme becoming effective, all Scheme Shares will be cancelled and the Scheme Shareholders will be entitled to receive HK$6.60 in cash for every Scheme Share cancelled. The Offeror will not increase the Cancellation Price and does not reserve the right to do so. As at the Announcement Date, the Company has no declared but unpaid dividends and/or distribution, and/or other return of capital and the Company does not intend to announce, declare and/or pay any dividend, distribution or other return of capital before the Effective Date.The Cancellation Price represents a premium of approximately 61.37% over the closing price of HK$4.09 per Share on the Last Trading Day (9 July 2026), and a premium of approximately 119.27% over the average closing price of approximately HK$3.01 per Share for the 30 trading days. Although a discount of approximately 72.13% to the audited consolidated net asset value attributable to owners of the Company per Share of approximately HK$23.68 as at 31 December 2025, in determining the Cancellation Price, the Offeror has taken into account that the Shares have consistently traded at a substantial discount to the NAV per Share. The Offeror is of the view that the Proposal provides the Scheme Shareholders with an opportunity to monetise their investments at a price materially above the prevailing and historical market prices of the Shares.As at the Announcement Date, the Company has 436,347,212 Shares in issue, of which 154,429,004 Shares will form the Scheme Shares. The Offeror and the Offeror Concert Parties together hold 283,020,958 Shares, representing approximately 64.86% of the issued Shares. On this basis, the maximum cash consideration payable by the Offeror under the Proposal is approximately HK$1,019,231,427. Merdeka, the financial adviser to the Offeror, is satisfied that sufficient financial resources are available to the Offeror to satisfy the maximum amount of cash consideration payable under the Proposal.Reasons for the Privatisation: Low Trading Liquidity, Challenging Market Conditions and Limited Benefits of ListingThe trading liquidity of the Shares has remained low for a sustained period. The average daily trading volume of the Shares for the 30, 90 and 365 trading days up to and including the Last Trading Day were approximately 237,947 Shares, 217,364 Shares and 650,786 Shares per day, representing only approximately 0.05%, 0.05% and 0.15% of the Shares in issue, respectively. The low trading liquidity may make it difficult for the Scheme Shareholders to execute substantial on-market disposals without adversely affecting the price of the Shares. The Offeror is of the view that the Proposal provides the Scheme Shareholders with an immediate opportunity to realise their investments in cash and reallocate the proceeds to alternative investment opportunities.The majority of the Company's revenue has been generated from its property-related businesses in the PRC, in particular its property investment and property management operations. The PRC property market has continued to face challenging and uncertain conditions, affected by, among other things, weak market sentiment, cautious purchaser confidence, pressure on property sales and rental demand, and liquidity constraints within the property sector. In addition, although ZA Bank Limited achieved profitability for the first time in 2025, ZhongAn Technologies International Group Limited, in which the Company holds approximately 43.50% equity interest, remained loss-making on a consolidated basis.Due to the relatively low trading liquidity of the Shares and the sluggish trading price performance, the Company has not conducted any equity fund raising activities since 2021 and has been unable to fully utilise its listing platform as a source of funding for its long-term growth. It is expected that the continued listing of the Shares may not provide any meaningful benefit to the Company in the near future. Following the privatisation, the Offeror will be able to make strategic decisions focused on the Company's long-term growth and benefits, free from the pressure of market expectations, share price fluctuations and compliance requirements arising from the Company being a publicly listed company, while reducing the administrative costs and management resources associated with maintaining the Company's listing status and complying with regulatory requirements.Existing Businesses to Continue after Privatisation; No Further Privatisation Proposal within Five Years if the Scheme is Not ApprovedThe principal business of the Company focuses on financial technology investment and management, financial service sector and asset financing management, and the Company is also engaged in property development, commercial property investment and management, financial products and securities investment. The Offeror intends for the Company to continue carrying on its existing businesses following the implementation of the Proposal, and does not have any plans to make any material changes to the existing business and operation, or the management and employees of the Company (other than those in the ordinary course of business of the Company). The Offeror has confirmed that, if the Scheme is not approved or the Proposal otherwise lapses, it does not intend to make or pursue any further proposal for the privatisation of the Company within five years from the date on which the Scheme is not approved or the Proposal otherwise lapses.The Proposal and the Scheme will only become effective subject to the satisfaction or waiver (where applicable) of a number of Conditions, including the approval of the Scheme at the Court Meeting, the passing by the shareholders at the SGM of a special resolution, and the sanction of the Scheme by the Court. All of the Conditions will have to be fulfilled or waived on or before 31 December 2026 (the "Long Stop Date"). If the Scheme is not approved or the Proposal otherwise lapses, the listing of the Shares on the Stock Exchange will not be withdrawn.An Independent Board Committee, comprising all of the independent non-executive Directors, being Mr. CHEUNG Adrian Jeremy Ka Hing, Mr. TIAN Jin and Mr. XIN Luo Lin, has been established by the Board, to make a recommendation, after taking into account the advice and recommendation from the Independent Financial Adviser. The Scheme Document will be despatched to the Shareholders within 21 days of the Announcement Date. At the request of the Company, trading in the Shares on the Stock Exchange was halted from 9:00 a.m. on 10 July 2026, and an application has been made by the Company to the Stock Exchange for the resumption of trading in the Shares with effect from 22 July 2026.Disclaimer:All capitalised terms used but not otherwise defined in this press release shall have the same meanings as those defined in the joint announcement dated 21 July 2026 (the “Joint Announcement”). This press release should be read in conjunction with the full text of the Joint Announcement, which is available at: https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0721/2026072101177.pdf Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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CMBC Capital (01141.HK): A Vanguard of Value Revaluation, Davis Double Play Opens a New Chapter for Hong Kong-Listed Financial Holding Companies ACN Newswire

CMBC Capital (01141.HK): A Vanguard of Value Revaluation, Davis Double Play Opens a New Chapter for Hong Kong-Listed Financial Holding Companies

HONG KONG, July 22, 2026 - (ACN Newswire via SeaPRwire.com) - Since 2024, after undergoing deep adjustments, the Hong Kong capital market has turned a corner. With the shift in global liquidity expectations and the continued recovery of domestic economic fundamentals, the Chinese financial stock sector is becoming a "value depression" that capital is eagerly chasing. In this sweeping market trend, CMBC Capital (01141.HK), with its unique "banking group" background, highly competitive valuation safety cushion, and dual efforts in investment banking and asset management, has charted a remarkable independent upward trajectory. This is not a random emotional outburst, but an inevitable correction of its long-undervalued intrinsic value.(CMBC Capital joined the Stock Connect program in 2017, with its historical market capitalization peaking at HK$30 billion)I.Clearing the Fog: The Deep Logic Behind This Year’s SurgeFor investors, short-term stock price fluctuations may seem dizzying, but a return to rationality will ultimately dominate long-term trends. Reviewing CMBC Capital’s strong performance since 2025, it is the result of a resonance of "favorable timing, geographical advantage, and human harmony," making its rise highly reasonable and inevitable.First, the warming macro environment provided the "favorable timing." As the Federal Reserve’s rate-hiking cycle nears its end, expectations for a global liquidity inflection point have become clear. The linked exchange rate system pegging the Hong Kong dollar to the US dollar makes the Hong Kong market extremely sensitive to liquidity changes. Lower capital costs directly benefit brokerages and investment banks whose main business is financial services. As an active Chinese-funded financial institution in Hong Kong, CMBC Capital directly benefits from the recovery in market turnover and improved risk appetite. Since the beginning of this year, the average daily turnover of the Hong Kong stock market has significantly expanded, and the increased market trading activity has directly boosted brokerage profits, while also creating a favorable market environment for CMBC Capital’s other financial businesses.Second, the "geographical advantage" of the "China Special Valuation" and the revaluation of Hong Kong financial stocks cannot be ignored. In recent years, regulators have repeatedly emphasized the need to establish a valuation system with Chinese characteristics, calling on investors to pay attention to the intrinsic value of central and state-owned enterprises. As an important capital operation platform of China Minsheng Bank in Hong Kong, CMBC Capital possesses a pure "state-owned" pedigree and strong shareholder backing. Previously, small and medium-sized Hong Kong financial stocks were generally extremely undervalued by the market, with share prices even falling below net asset value. CMBC Capital’s rise is essentially a collective "correction" by the market for such assets that have strong backgrounds but severely mismatched market capitalizations.Finally, the improvement in the company’s own fundamentals constitutes the "human harmony." Facing a complex market environment, CMBC Capital did not passively wait but actively optimized its business structure, reduced high-risk assets, and focused on corporate financing, asset management, and securities trading businesses with long-term growth potential. This strategic determination of "improving quality and efficiency" allowed the company to accumulate substantial energy during the industry downturn, which can quickly transform into performance momentum once the market trend shifts. Therefore, the sharp rise in the stock price since the beginning of this year is the market’s immediate feedback on the success of its strategic adjustments and an advance pricing of its future profitability recovery.II.Backed by a Giant: Strong Shareholder Background and Unique Resource EndowmentsWhen evaluating the investment value of an investment bank or financial holding company, shareholder background is often the key factor that determines the height of its ceiling. In this regard, CMBC Capital possesses a "moat" that is the envy of its peers.As a key financial platform under China Minsheng Bank (full name "China Minsheng Banking Corp., Ltd."), CMBC Capital not only relies on this major Chinese joint-stock commercial bank but is also deeply integrated into Minsheng Bank’s global strategic layout. This unique identity as a "bank-affiliated" securities firm brings CMBC Capital three irreplicable advantages:First, advantages in funding costs and funding channels. The essence of a financial institution is managing risk and capital. In the current market environment, the strength of financing capabilities directly determines a brokerage’s room for survival and pace of development. Leveraging the strong capital strength and excellent credit rating of China Minsheng Bank, CMBC Capital has a natural advantage in securing financial support and reducing financing costs. Whether participating in IPO underwriting, bond issuance, or margin financing business, CMBC Capital can obtain more ample funding "ammunition" at lower costs, thereby seizing opportunities in the fierce market competition.Second, a strong client network and project pipeline. Minsheng Bank has a broad corporate client base, with deep expertise particularly in the private economy and micro and small enterprises. This provides Minsheng Capital with a steady stream of high-quality project pipelines for its investment banking business. In recent years, as demand for Hong Kong IPOs by Chinese companies has recovered and the need for offshore debt restructuring and refinancing among existing enterprises has surged, Minsheng Capital can leverage shareholder connections to reach core clients at the earliest opportunity and secure quality assets. This "internal circulation" business collaboration model significantly reduces its client acquisition costs and increases the success rate of business execution.Third, a rigorous risk control system. Financial markets are ever-changing, and risk management capability is the lifeline of a financial institution. CMBC Capital has inherited the bank-level risk control standards of its shareholder and established a rigorous and prudent comprehensive risk management system. During periods of severe market volatility, this robust risk control culture has enabled the company to effectively avoid major risk exposures and maintain excellent asset quality. For investors, investing in CMBC Capital is not only an investment in its growth potential but also an investment in its safety and certainty.III.Building Earnings Momentum: Multiple Business Segments Thriving, Poised for a Profit SurgeUltimately, share price gains must be backed by earnings. Looking ahead, CMBC Capital’s earnings growth drivers are clearly visible, with each business segment on the cusp of a breakout, providing the most solid foundation for sustained share price appreciation.1.Investment Banking: Capitalizing on the Hong Kong IPO Recovery to Build a New Growth Engine.With the implementation of Hong Kong stock market reforms and growing global capital market interest in China’s competitive industries such as emerging technology, new energy, and biomedicine, the Hong Kong IPO market is entering a new period of vibrancy. CMBC Capital has long been positioned in mezzanine financing, IPO sponsorship, and bond underwriting, accumulating extensive experience. Leveraging project resources from its shareholder background, the company is well-placed to secure more high-profile mandates in this IPO revival wave, potentially achieving leapfrog growth in investment banking revenue.2.Asset Management and Wealth Management: Tapping the Vast Wealth Management Blue Ocean.As the wealth management needs of high-net-worth individuals become increasingly diverse, Hong Kong, as a hub connecting mainland China and global capital markets, enjoys broad prospects in wealth management. CMBC Capital is actively expanding in asset management, generating steady returns for clients through fund launches and investment advisory services. Against the backdrop of declining bank deposit rates, there is strong appetite for high-yield alternatives, and CMBC Capital’s ability to design quality financial products positions its asset management business for explosive growth, thereby contributing stable management fee income.3.Securities Brokerage and Margin Financing: Benefiting from Active Market Trading.Securities brokerage serves as the "ballast" for brokerages. As Hong Kong market sentiment recovers, trading frequency among retail and institutional investors has increased significantly. CMBC Capital has continuously optimized its online trading platform in recent years, enhancing customer experience and steadily expanding its client base. Meanwhile, through margin financing and securities lending, the company can generate stable interest income from idle funds. The more active the market, the greater the earnings elasticity of this segment, providing the company with ample operating cash flow.IV.Valuation Perspective: Still in a Value Trough with Ample Upside PotentialAlthough CMBC Capital’s share price has already performed impressively this year, if we take a longer view and compare it both horizontally and vertically from the perspective of valuation-growth alignment (PEG), we find that its current share price remains in a clear value trough, with substantial room for further appreciation.Vertically, the valuation has yet to fully recover. Compared to historical valuation levels, CMBC Capital’s current price-to-book (PB) and price-to-earnings (PE) ratios are still in the mid-to-low range historically. While the share price has risen, this largely reflects a correction from previously extreme pessimistic expectations. At present, the company’s share price has not fully priced in its future earnings growth prospects. Once the interim or annual results confirm high growth, the valuation center will shift further upward.Horizontally, the cost-effectiveness advantage is significant. Compared to other Chinese brokerages and small financial holding companies listed in Hong Kong, CMBC Capital’s valuation still offers clear cost-effectiveness. In particular, given its unique resource endowment backed by Minsheng Bank and its forward-looking strategic positioning in investment banking transformation, it should command a certain valuation premium. However, the current market valuation has yet to fully reflect its "intrinsic value." This mismatch between valuation and fundamentals presents the best opportunity for smart money to enter.Furthermore, from a technical analysis perspective, CMBC Capital’s recent share price increase has been accompanied by a significant expansion in trading volume, indicating signs of major capital accumulation. With strong share lock-up and an upward channel already established, the momentum for further price advances remains robust against a backdrop of stable or improving fundamentals.V.Conclusion: Seize the Golden Opportunity and Join the Value FeastThe rise of CMBC Capital (01141.HK) this year is the result of a confluence of fundamental, policy, and capital factors, and its upward logic is rock-solid. Looking ahead from the current juncture, what we see is not the end of the rally, but the beginning of a brand-new starting point.Backed by the strong support of Minsheng Bank, the company enjoys three core advantages in capital, projects, and risk control. On the business front, its three engines—investment banking, asset management, and brokerage—are poised for takeoff, with a high degree of certainty in earnings realization. On the valuation front, it remains at historical lows, offering significant margin of safety and catch-up potential. Amid the broader revaluation wave in Hong Kong’s financial sector, CMBC Capital is undoubtedly the most dazzling gem. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Ten-bagger Stock: CMBC Capital (01141.HK) “Growth” Reassessment ACN Newswire

Ten-bagger Stock: CMBC Capital (01141.HK) “Growth” Reassessment

HONG KONG, July 22, 2026 - (ACN Newswire via SeaPRwire.com) - While the market is still indulging in the static discussion of "breaking net" and "undervaluation" of Hong Kong financial stocks, astute capital has long set its sights on the tracks with more dynamic growth potential. The strong upward trend of CMBC Capital (01141.HK)'s stock price since 2025 is by no means a simple oversold rebound, but a profound cognitive revolution: The market is re-examining this company - which has transformed from a traditional local Hong Kong brokerage into a core carrier of the "super connector" linking the Chinese mainland and global capital.If the last round of rally was based on the confirmation of shareholder background and margin of safety, then the subsequent market trend will be the full pricing of CMBC Capital's extremely high performance explosive power under the threefold macro dividends of "cross-border finance", "Greater Bay Area integration" and "enterprise overseas expansion services".I.Strategic Positioning: Deeply Cultivate the Dividends of the Greater Bay Area and Become the Golden Channel for "Connectivity"Unlike ordinary brokerages that "live at the mercy of the weather" by relying on secondary market fluctuations, the core investment logic of CMBC Capital lies in its precise strategic positioning - deeply rooted in the Guangdong-Hong Kong-Macao Greater Bay Area, the most dynamic economic hinterland in the world.Since the beginning of this year, the country has introduced frequent policy support for financial connectivity in the Greater Bay Area, from the expansion of the "Cross-boundary Wealth Management Connect" business to the promotion of the dual-currency stock model in Hong Kong dollars and RMB, all of which indicate that Hong Kong's status as the "bridgehead" for mainland capital going overseas and the "preferred destination" for overseas capital entering China is unshakable. As an important overseas strategic platform of China Minsheng Bank, CMBC Capital is inherently endowed with the historical mission of serving private enterprises going overseas and attracting foreign capital to flow back.This unique strategic position endows CMBC Capital with an extremely strong ability to capture "policy dividends". When a large number of mainland private enterprises are in urgent need of building overseas financing platforms through Hong Kong, or acquiring advanced overseas technologies through mergers, acquisitions and reorganizations, CMBC Capital, with its deep understanding of mainland corporate culture and proficient application of Hong Kong capital rules, has become the most indispensable "intermediary".The rise in its stock price since the beginning of this year is exactly the "awakening" of the market to this strategic value. Investors have begun to realize that CMBC Capital is no longer just a trading code, but a direct beneficiary of the accelerated capital flow in the Greater Bay Area. With the deepening of financial integration in the Greater Bay Area, its value as a cross-border asset management channel will grow exponentially, and this "track dividend" is a long-term growth logic that cannot be obscured by any short-term market fluctuations.II.Differentiated Competition: Serve the Real Economy and Seize the Financing Wave of "New Quality Productivity"In the field of investment banking business, CMBC Capital has blazed a trail of differentiated competition, which is also the endogenous driving force supporting the continuous strengthening of its stock price. Unlike the red-ocean competition of leading brokerages in giant blue-chip stocks, CMBC Capital has astutely set its sights on small and medium-sized hard technology enterprises and new consumer brands representing "new quality productivity".At present, China's economy is in a critical period of transformation and upgrading, and a large number of emerging enterprises with core technologies are in urgent need of the nourishment of the capital market. However, these enterprises are often unable to receive sufficient attention from traditional large financial institutions due to their still small scale and novel business models. Relying on China Minsheng Bank's 20 years of profound accumulation in serving small and medium-sized enterprises, CMBC Capital has established a set of enterprise service systems with rapid response and flexible customization.From assisting specialized, refined, differential, and innovative enterprises to list in Hong Kong, to providing structured financing for enterprises in the transition period, and then to helping domestic enterprises issue overseas green bonds, CMBC Capital's investment banking layout in the emerging economic field has begun to take shape. Since the beginning of this year, it has rich project reserves in the fields of biomedicine, new energy, high-end manufacturing, etc. As these enterprises gradually enter the capital market or complete financing, CMBC Capital will obtain underwriting fees and financial advisor income far exceeding the industry average.This "small but beautiful", "refined and specialized" business model enables CMBC Capital to demonstrate amazing resilience during the shift period of economic growth. The high premium given by the market is precisely based on its huge potential as an "incubator" and "booster" during the outbreak of China's new economic engine. Buying CMBC Capital is essentially buying an option on the rise of China's new economic forces.III.Optimization of Asset Structure: Start with a Light Load, an Efficiency Revolution Empowered by FintechIn addition to the grand narrative, the improvement of operational efficiency at the micro level is also a key driver of the stock price rise. Since the beginning of this year, CMBC Capital has carried out drastic adjustments to its asset structure, resolutely divested inefficient assets, and focused on light-capital businesses with high turnover and high returns.This "slimming and strengthening" strategy has significantly improved the company's return on equity (ROE). Against the backdrop of the sweeping fintech wave, CMBC Capital has not stuck to traditions, but actively embraced digital transformation. By introducing intelligent trading systems, quantitative investment research tools and big data risk control models, it has greatly reduced operating costs and improved the efficiency of transaction matching.This efficiency reform is particularly evident in the wealth management business. Facing the growing affluent class and high-net-worth individuals, CMBC Capital uses digital means to break the physical boundaries of traditional services, and can provide customers with global asset allocation solutions at a lower cost. With the explosive growth of the middle class's wealth management demand, CMBC Capital's assets under management (AUM) are expected to achieve non-linear growth.The market often gives extremely high valuation rewards for "cost reduction and efficiency improvement". The profit space released by CMBC Capital through internal reforms not only thickens earnings per share (EPS), but also sends a signal to the market that the management is proactive, pragmatic and efficient. This marginal improvement of the management is the strongest catalyst for the continuous rise of the stock price, and also proves that the stock price rise this year has solid performance support.IV.Liquidity Inflection Point and Beta Dividend: Small Market Capitalization, Great FlexibilityFrom the technical perspective of market trading, CMBC Capital has typical high Beta attributes, that is, when the market rises, its increase often far exceeds that of the broader market. Since the beginning of this year, as the Federal Reserve's interest rate hike cycle has peaked and global liquidity expectations have reversed, the Hong Kong stock market has welcomed long-lost incremental funds.For institutional funds seeking excess returns, although large bank stocks are stable, they lack flexibility; As a small and medium-sized market capitalization financial holding platform, CMBC Capital has become the best target for funds to pursue "flexibility" in the game. A small amount of capital inflow can leverage a considerable increase in stock price, and this liquidity advantage is particularly obvious in the early stage of the market rally.More importantly, the current Hong Kong stock market is undergoing a style switch from "risk aversion" to "profit seeking". Capital has started to flow from defensive sectors to offensive sectors with growth expectations. CMBC Capital has both the safety of financial stocks and the growth potential of technology stocks, and this rare "dual attribute" has made it a must-have option for capital allocation.We can clearly see that the heavy-volume rise in stock price since the beginning of this year is by no means the result of retail investors following the trend, but the result of smart money snapping up chips at low levels. As market sentiment further accumulates, the spread of the wealth effect will attract more trend-following capital to enter the market, forming a positive feedback loop. For investors, entering the market at this time is exactly the best opportunity to catch this express train.V.Conclusion: To revalue CMBC Capital is to revalue the open future of China's finance.To sum up, if we only regard CMBC Capital as an ordinary Hong Kong stock brokerage, we will miss this magnificent investment opportunity.The sharp rise of CMBC Capital (01141.HK) this year is the market's reconfirmation of its identity as a "cross-border financial platform in the Greater Bay Area", a re-pricing of its investment banking capability of "serving new quality productivity", and a full affirmation of its "asset-light, high-efficiency" operation model.CMBC Capital joined the Stock Connect program in 2017, with its historical market capitalization peaking at HK$30 billion.Looking forward to the future, against the grand background of the steady advancement of RMB internationalization, the accelerated overseas expansion of mainland enterprises, and the continuous consolidation of Hong Kong's status as an international financial center, the value of CMBC Capital as a key node connecting the inside and outside has far from been fully tapped by the market. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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The explosive growth of CMBC Capital (01141.HK)’s sponsorship business defines a new value paradigm ACN Newswire

The explosive growth of CMBC Capital (01141.HK)’s sponsorship business defines a new value paradigm

HONG KONG, July 22, 2026 - (ACN Newswire via SeaPRwire.com) - In the magnificent capital market, trading volume is often the thermometer of the market, while the activity of investment banking business is a barometer for the intrinsic value of listed companies. Since the beginning of this year, CMBC Capital (01141.HK) has delivered an impressive performance in the Hong Kong stock secondary market, and the strong climb of its share price is actually strongly supported by the "explosive growth" development of its primary market investment banking business.As an important window for the Chinese-funded financial institutions in Hong Kong, CMBC Capital has not relied solely on market trends to achieve results this year. Instead, with its keen market insight and professional underwriting capability, it has successively sponsored a number of high-quality enterprises to list on the Hong Kong stock market. This strategic approach of "investment banking taking the lead and empowering the real economy" has not only brought a substantial increase in the company's immediate performance, but also built a huge reserve pool of potential assets.As a former Stock Connect constituent, CMBC Capital once reached a market capitalization peak of HK$30 billion. Benefiting from robust earnings growth, the company may be poised for a ‘Davis Double Play,’ presenting significant potential for valuation reversion.I. A bumper year for investment banking: With sponsorship as the vanguard, making a strong breakthrough through the market fogSince the beginning of this year, CMBC Capital has delivered a remarkable report card in its sponsorship business. This year, the company has frequently appeared in the "sponsor" column of the prospectuses of many well-known enterprises, covering not only popular tracks such as TMT, healthcare and consumption, but also playing a leading role in benchmark projects in some segments fields. Such high-frequency appearances in sponsorship projects are by no means accidental, but the inevitable result of the company's long-term dedication to serving small and medium-sized enterprises and building a full-industry-chain financial service system.Investment banking business is the crown jewel of securities firms. The improvement in the quantity and quality of sponsorship projects directly means a jump in brand premium and tangible growth in revenue. The sponsorship business brings not only high underwriting fee income, but also a package of revenues including placement commissions and financial advisory fees. More importantly, the explosion of such business volume has sent an extremely strong signal to the market: CMBC Capital 's project contracting capability and pricing capability in the primary market have ranked among the top in the industry. It is this hard-core support from fundamentals that forms the most solid foundation for the share price rise since the beginning of this year.II. Deepening of the moat: From "one-off transactions" to "win-win in the ecosystem"The Investors may ask: Can sponsoring the listing of several companies really support the long-term logic of the stock price' The answer is definitely yes. Because the competition of modern investment banks has long gone beyond the game of single transactions, and has evolved into competition of ecosystems.The intensive sponsorship activities of CMBC Capital since this year are actually weaving a high-value enterprise resource network. Every enterprise sponsored and listed by CMBC Capital has become its long-term strategic partner. The needs of these enterprises for refinancing, merger and acquisition, debt restructuring and corporate wealth management after listing will become a recurring source of business for CMBC Capital .This has built an extremely deep moat for CMBC Capital . When an enterprise chooses CMBC Capital at the beginning of its listing, it means that the two sides have established deep trust. In the current Hong Kong stock market, enterprises are increasingly dependent on Chinese-funded investment banks that "understand China and connect the world". Backed by China Minsheng Bank, CMBC Capital is not only familiar with the business models of mainland enterprises, but also proficient in the rules of the international capital market. This "bilingual" advantage makes it highly capable in its sponsorship business.For investors, buying CMBC Capital means not only buying a securities firm, but also an "invisible asset package" composed of dozens or even hundreds of high-quality Hong Kong-listed companies. The growth of these enterprises is deeply tied to the fate of CMBC Capital , forming a community of shared interests where all thrive together. This ecosystem effect has greatly improved the stability and predictability of CMBC Capital 's performance, which is the core logic supporting the upward shift of its valuation center.III. Logic verification: The sponsorship boom confirms "Minsheng speed" and the "iron execution team"The sharp rise in share price since the beginning of this year has, to a large extent, been a strong response to the previous doubts in the market. Previously, the market was often worried that small and medium-sized securities firms had shortcomings in project execution, risk control and efficiency. However, CMBC Capital 's intensive and successful sponsorship track record this year proves that it has an "iron execution team".Against the background of the accelerated pace of hearings at the Hong Kong Stock Exchange and stricter listing review, being able to continuously promote the successful listing hearing and listing of multiple enterprises is in itself a scarce capability. It reflects CMBC Capital 's professional competence in various links such as compliance and risk control, due diligence, roadshow and promotion. Such "Minsheng speed" and "Minsheng efficiency" have won dual recognition from issuers and investors.The improvement of capability has been directly translated into the expansion of market share. In the highly competitive Hong Kong stock investment banking circle, reputation is life. Every successful project is a free advertisement for CMBC Capital 's brand image. Once this positive cycle is formed, subsequent projects will keep coming like a snowball. Share price is a reflection of expectations. The market has keenly captured the trend of CMBC Capital 's "rising reputation" in the investment banking industry, so funds have rushed to buy shares in advance, pushing up the share price, which is a reasonable pricing for its rising industry status.IV. Treasure hunting mode: The overlooked Pre-IPO investment gold mineIn addition to the obvious intermediary fee income, behind CMBC Capital 's intensive sponsorship of enterprise listings, there is also a huge gold mine hidden - cornerstone investment and Pre-IPO investment opportunities.As a sponsor, CMBC Capital often has the opportunity to access high-quality enterprises earlier than ordinary investors, and also has more in-depth information advantages. In many IPO cases this year, CMBC Capital has strategically held some shares with great growth potential either through its affiliated funds or through cornerstone investment.As the share prices of these enterprises have delivered strong results in the secondary market, CMBC Capital 's proprietary investment performance will be significantly boosted. This two-wheel drive model of "investment banking + investment" has greatly amplified the company's earnings elasticity. If sponsorship fees are the certain income that is "money in the bank", then the appreciation of these equity investments is the "higher-than-expected" source of share price growth momentum.Investors tend to overlook this part of the "invisible value". As the sponsored enterprises go public one after another this year, the value of these investment projects will be gradually reflected in the financial reports, becoming a catalyst to trigger the next wave of share price rise. This unique profit model means that CMBC Capital 's valuation logic cannot simply follow the traditional PE/PB model, and it should be given a higher valuation premium based on return on investment (ROI).V. Outlook for the future: Building on the momentum, full potential to become a leading investment bankLooking ahead, CMBC Capital 's investment banking business is still in an upward channel. With the deepening of the reform of the Hong Kong stock market, specialist technology companies and overseas enterprises have strong enthusiasm for listing in Hong Kong, and the market's demand for professional investment banking services is only increasing.Through its excellent performance since the beginning of this year, CMBC Capital has proved that it has the capability to undertake complex projects and serve emerging industries. This has laid a solid foundation for it to undertake larger-scale and higher-quality IPO projects in the future. We have every reason to believe that in the future top 10 IPO list of the Hong Kong stock market, the name of CMBC Capital will no longer be a rare guest, but a frequent one.For secondary market investors, this is undoubtedly the biggest positive. The explosive growth of investment banking business will directly drive the linkage growth of brokerage business (margin financing) and asset management business (institutional client introduction). The synergy effect of the entire business line will be fully activated, and the overall profitability of the company will rise to a new level.Conclusions: Enjoy the harvest moment and grasp the deterministic growthFrom the high growth of sponsorship revenue, to the deep binding of ecosystem resources, and then to the hidden gold mine of investment income, CMBC Capital is showing the market a completely different self - a new generation of Chinese-funded investment bank full of vitality, strong enterprising spirit and deterministic growth.Although the current stock price has risen, compared with the long-term value brought by the explosive growth of its investment banking business, it is still in a "valued at a discount". Investors should not be troubled by short-term fluctuations, but should look beyond the phenomenon to understand the essence, and see the increasingly important role CMBC Capital plays in the tide of Hong Kong stock IPOs. In this big year for investment banks, CMBC Capital is undoubtedly the core asset most worth holding. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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GA-ASI and MBDA Commit to Weapons Collaboration ACN Newswire

GA-ASI and MBDA Commit to Weapons Collaboration

SAN DIEGO, July 21, 2026 - (ACN Newswire via SeaPRwire.com) - General Atomics Aeronautical Systems, Inc. (GA-ASI) and MBDA have announced a commitment to integrate the European missile-maker's SPEAR precision strike weapons onto new aircraft built by the American uncrewed aircraft manufacturer.GA-ASI President David R. Alexander and MBDA UK Managing Director Chris Allam signed a memorandum of understanding that outlined the agreement at the Farnborough International Airshow 2026. The companies will work together to ensure the MQ-9B remotely piloted aircraft and Gambit 6 collaborative combat aircraft (CCA) can carry and use the SPEAR weapons."We've built an excellent business relationship with MBDA as part of the integration of the Brimstone missile onto the UK's Protector," said Mr. Alexander. "So, working with MBDA to enable SPEAR on our broader MQ-9B line, and our Gambit CCA, feels like a very natural extension of our partnership."Protector RG Mk1 is the version of MQ-9B in operation for the UK Royal Air Force."The consolidation of MBDA's relationship with GA-ASI is a testament to the strength of our long history of cooperation, most recently with Brimstone and Protector," said Mr. Allam. "Remotely piloted aircraft and autonomous/collaborative platforms, such as MQ-9B and Gambit, are revolutionizing modern air combat. Integrating the innovative capability of SPEAR multiplies the effect these platforms provide into decisive operational advantage."SPEAR is MBDA's miniature cruise missile, a next-generation air-launched surface attack weapon that provides a low collateral damage precision effect, with a high load out for persistence. SPEAR reaches beyond the horizon to ensure that the launch aircraft remains safely away from hostile air defenses, but with an engagement capability across a broad threat set.GA-ASI's long range, high endurance MQ-9B platform is in operation or on order by close to a dozen nations, including the UK, Germany, Denmark, Belgium, and Poland. The Gambit CCA is an uncrewed combat aircraft optimized for attack roles such as electronic warfare, suppression of enemy air defenses (SEAD), Destruction of Enemy Air Defenses (DEAD) and stand-off precision strike, making it a versatile option for evolving security needs. GA-ASI and MBDA company leaders believe that the combination of these ready aircraft with the latest weapons will yield a highly relevant and quick-to-field new capability for global militaries.About GA-ASIGeneral Atomics Aeronautical Systems, Inc., is the world's foremost builder of Unmanned Aircraft Systems (UAS). Logging more than 9 million flight hours, the Predator® line of UAS has flown for over 30 years and includes MQ-9A Reaper®, MQ-1C Gray Eagle®, MQ-20 Avenger®, and MQ-9B SkyGuardian®/SeaGuardian®. The company is dedicated to providing long-endurance, multi-mission solutions that deliver persistent situational awareness and rapid strike. For more information, visit www.ga-asi.com.Avenger, EagleEye, Gray Eagle, Lynx, Predator, Reaper, SeaGuardian, and SkyGuardian are trademarks of General Atomics Aeronautical Systems, Inc., registered in the United States and/or other countries.About MBDAMBDA is a unique multi-national European group, a global leader in complex weapon systems, playing a key role in the protection of nations. Established in the spirit of international co-operation, MBDA and its 20,000+ employees work together to support the sovereignty of its nations, and allied countries worldwide. As an accelerator of innovation, MBDA is the only European group capable of designing and manufacturing complex weapons to meet all current and future operational requirements of all three of the armed forces (land, sea and air). MBDA is owned by Airbus (37.5%), BAE Systems (37.5%) and Leonardo (25%).For more information, visit www.mbda-systems.comGA-ASI Media RelationsGeneral Atomics Aeronautical Systems, Inc.ASI-MediaRelations@ga-asi.com(858) 524-8101SOURCE: General Atomics Aeronautical Systems, Inc. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Atlas Critical Minerals Intersects High-Grade Graphite; All 20 Drill Holes Confirm Mineralization, with Intercepts up to 33.78 Meters at 7.97% Graphitic Carbon ACN Newswire

Atlas Critical Minerals Intersects High-Grade Graphite; All 20 Drill Holes Confirm Mineralization, with Intercepts up to 33.78 Meters at 7.97% Graphitic Carbon

Belo Horizonte, Brazil, July 21, 2026 - (ACN Newswire via SeaPRwire.com) - Atlas Critical Minerals Corporation (NASDAQ: ATCX) ("Atlas Critical Minerals" or the "Company"), a diversified critical minerals exploration company, today announced strong initial results from the maiden diamond drilling program at its 100%-owned Graphite Project (the "Project") in Minas Gerais, Brazil. Drilling at the first of the Project's three mineral tenements has now been completed, with all 20 drill holes intersecting graphite mineralization – a 100% success rate. Independent laboratory assays, conducted by SGS Geosol, have confirmed multiple wide, high-grade intervals of graphitic carbon ("Cg").Key Highlights100% Graphite Intercept Success:All20 completed drill holes completed (totaling ~2,300 meters) intersected graphite mineralization, confirming continuity both along strike and at depth.Outstanding High-Grade Intercepts:33.78 meters at 7.97% Cg (drill hole MPDDH-0009)22.66 m at 8.27% Cg in (MPDDH-0007)11.00 m at 8.03% Cg (MPDDH-0002)6.00 m at 9.55% Cg and 19.36 m at 6.09% Cg (MPDDH-0006)Extensive Geophysical Trend Identified:Geophysical data indicates a potential 11-kilometer (~6.8-mile) mineralized trend, providing a robust pipeline for ongoing drill targeting.Near-Surface High-Grade Mineralization:Many of the strongest intercepts occur close to surface, suggesting potential for low-cost open-pit mining.Progressing Toward a Maiden Resource Estimate:SGS, a leading independent mineral evaluation company, has been retained to prepare a Maiden Mineral Resource Estimate ("MRE"), expected in Q4 2026.Rapidly Growing Market: The global graphite market is forecast to reach USD 36.4 billion by 2030, growing at a 15.1% CAGR, driven by surging demand for energy storage and electric vehicle. Benchmark Mineral Intelligence estimates that 97 new graphite mines will be needed by 2035 to meet global demand.Drilling Program and Geophysical TargetingAtlas Critical Minerals designed its 2026 diamond drill program based on the results of prior exploration work, including geological mapping, grab sampling, and a ground geophysical survey. The full 2026 program totals approximately 6,000 meters distributed across the Project's three tenements. The Company has now completed 20 drill holes for approximately 2,300 meters at the first tenement, all intersecting graphite mineralization.Prior to drilling, the Company completed 27.5 kilometers of ground geophysical data acquisition. Strong anomalies – characterized by high chargeability and low resistivity, typical of graphite mineralization – were identified along the entire 11-kilometer strike length, confirming substantial exploration potential.The Company's exploration activities at the Project are conducted in accordance with Item 1300 of Regulation S-K ("Regulation S-K 1300"), the U.S. standard for mineral property disclosure. All technical work is supervised by Marc-Antoine Laporte, a recognized critical minerals geologist with SGS Canada Inc. ("SGS") who serves as a Qualified Person for graphite under Regulation S-K 1300. Mr. Laporte authored the Technical Report Summary ("TRS") for the Project, which was last filed with the U.S. Securities and Exchange Commission on November 12, 2025. The TRS includes results from initial metallurgical testwork conducted at a specialized graphite laboratory in the United States, demonstrating that material derived from Project samples achieved both battery-grade and nuclear-grade qualification standards, providing an early and positive indication of the Project's potential to produce high-purity, high-performance graphite materials.Figure 1 – Completed drill hole collars in first tenement and induced-polarization (IP) geophysical anomalies along the interpreted graphite trend.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/6728/305786_dc1a6508c4384a58_002full.jpgHigh-Grade Assay ResultsInitial assays (approximately 940 samples) returned several outstanding results. Highlights include:Hole IDDepth From (m)Depth To (m)Length (m)Assay (%Cg)MPDDH-000923.2257.0033.787.97MPDDH-000726.9139.0012.094.48MPDDH-000755.7578.4122.668.27 Table 1 – Principal high-grade graphite interceptions at first tenement.Figure 2 – Cross-section through the first tenement illustrating graphite interceptions in drill holes MPDDH-0007 and MPDDH-0009.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/6728/305786_dc1a6508c4384a58_003full.jpgNumerous additional wide, high-grade intersections were returned across the first tenement, highlighting the continuity and scale of the mineralized system. Selected results include:Hole IDDepth From (m)Depth To (m)Length (m)Assay (%Cg)MPDDH-000210.5021.5011.008.03MPDDH-000236.5046.5310.036.83MPDDH-000310.0022.4212.424.30MPDDH-000337.0043.606.606.31MPDDH-000422.2538.4516.205.97MPDDH-000443.5558.7015.156.16MPDDH-000521.0035.7514.756.00MPDDH-000552.7064.2011.505.00MPDDH-00068.2417.008.765.31MPDDH-000621.5028.957.457.11MPDDH-000649.5068.8619.366.09MPDDH-000671.0073.852.856.43MPDDH-000681.0087.006.009.55MPDDH-000691.00106.0015.005.50 Table 2 – Additional high-grade graphite interceptions from first tenement.Figure 3 – Geophysical section demonstrating strong correlation between IP anomalies and graphite intersections in drilling.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/6728/305786_dc1a6508c4384a58_004full.jpgGraphite: A Critical MineralGraphite is the dominant anode material in lithium-ion batteries, essential for energy storage systems and electric vehicles. Recognized as a critical mineral by several governments, including the U.S., high-grade natural flake graphite can be upgraded into battery-grade active anode material.Atlas believes the Project's high in-situ grades and favorable flake characteristics, hosted within graphitic schists of the Macaúbas Group (Araçuaí Orogen), position it well to help address the rapidly growing supply gap in the Americas."These are outstanding initial drill results that validate our earlier exploration work," commented Marc Fogassa, Chairman and Chief Executive Officer of Atlas Critical Minerals. "Every one of the first 20 holes intersected graphite - including a nearly 34-meter interval averaging close to 8% graphitic carbon - much of it near surface and favorable for open-pit development. With geophysics outlining an approximately 11-kilometer mineralized trend, two additional contiguous tenements still to be drilled, and SGS engaged to prepare our maiden resource estimate, we are advancing rapidly to unlock what we believe to be one of the most compelling graphite discoveries in the Americas."Site and Core PhotographsFigure 4 – High-grade saprolitic graphite schist core from drill hole MPDDH-0006.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/6728/305786_dc1a6508c4384a58_005full.jpgFigure 5 – High-grade saprolitic graphite schist core from drill hole MPDDH-0018.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/6728/305786_dc1a6508c4384a58_006full.jpgFigure 6 – SGS technical team site visit at the Atlas Critical Minerals Graphite Project.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/6728/305786_dc1a6508c4384a58_007full.jpgNext StepsConclude the Drilling Campaign: Drilling is now advancing through the two additional, contiguous mineral tenements, covering the remaining ~8.5 kilometers of open strike.Resource Estimation: Complete the Maiden Mineral Resource Estimate ("MRE") with SGS Canada by Q4 2026. The Company intends to follow the MRE with a Preliminary Economic Assessment ("PEA") in Q1 2027.Mineralogical Characterization: Complete detailed studies to identify the main mineralogical phases present in the host lithologies.Bench-Scale Metallurgical Testing: Conduct process optimization and flake-size distribution studies to assess product quality and recovery potential.About Atlas Critical Minerals CorporationAtlas Critical Minerals Corporation (NASDAQ: ATCX) is an exploration and development company focused on critical minerals, including rare earths, graphite, and uranium. The Company's focus is to build a diversified global supply chain for the strategic minerals essential for the artificial intelligence revolution, energy transformation, and defense uses. More information is available at www.atlascriticalminerals.com and in the Company's filings with the U.S. Securities and Exchange Commission.Safe Harbor StatementThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based upon the current plans, estimates and projections of Atlas Critical Minerals and its subsidiaries and are subject to inherent risks and uncertainties which could cause actual results to differ from the forward-looking statements. Therefore, you should not place undue reliance on these forward-looking statements.Risks related to the Company and its subsidiaries are discussed in the section entitled "Risk Factors" in the Company's Form 20-F filed with the Securities and Exchange Commission (the "SEC") on February 20, 2026. Please also refer to the Company's other filings with the SEC, all of which are available at www.sec.gov. In addition, any forward-looking statements represent the Company's views only as of today and should not be relied upon as representing its views as of any subsequent date. The Company explicitly disclaims any obligation to update or revise any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.Investor RelationsBrian W. BernierVice President, Investor Relations+1 (833) 661-7900brian.bernier@atlas-cm.com https://www.atlascriticalminerals.com/ @Atlas_Crit_MinTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/305786 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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GMG Executes MOU to Co-Develop Exclusive Graphene Products with Alstom for Rail Industry ACN Newswire

GMG Executes MOU to Co-Develop Exclusive Graphene Products with Alstom for Rail Industry

BRISBANE, AUS, July 21, 2026 - (ACN Newswire via SeaPRwire.com) - Graphene Manufacturing Group Ltd (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce a global exclusive Memorandum of Understanding (MOU) with Alstom (EPA: ALO) for testing and developing graphene products for the rail industry — specifically for Heating, Ventilation, Air Conditioning (HVAC) systems.Craig Nicol, CEO & Managing Director of the Company, commented "We are thrilled to be partnering with Alstom, one of the world's most recognised names in rail and transportation. This global exclusive MOU gives GMG the opportunity to bring our graphene technology into one of the largest and most technically demanding sectors in the world. Rail systems demand the highest standards of performance, durability and efficiency — and we believe graphene is uniquely positioned to deliver meaningful improvements across a range of applications. We look forward to working closely with the Alstom team to develop and commercialise graphene products that will help shape the future of rail."Jack Perkowski, Non-Executive Chairman and Director of the Company, commented: "Securing a global exclusive MOU with Alstom is a landmark moment for GMG. Alstom operates at the very highest level of global transportation infrastructure — serving cities, governments and rail operators across the world with a presence that spans every major market. The fact that a company of Alstom's scale and technical sophistication has chosen to partner exclusively with GMG to evaluate develop and commercialize graphene-based products for the rail industry is a powerful validation of our technology and our team's capabilities. This arrangement has the potential to open a new revenue stream for GMG and reinforces our strategy of targeting large, established industries where graphene's unique properties can deliver measurable, real-world impact."Alstom is a pure rail leader, committed to making rail the backbone of sustainable transportation. The company designs and delivers a complete range of future-ready solutions — from high-speed and regional trains to metros, monorails, trams, turnkey systems, end-to-end services, infrastructure, signalling and digital rail solutions. With 87,800 people in 61 countries, Alstom brings together global expertise and multi-local presence to make every journey smarter, cleaner and more enjoyable. Together with our partners and customers, we realise the power of rail. Listed in France, Alstom generated revenues of €19.2 billion for the fiscal year ending 31 March 2026.About GMG:GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry that is aimed at improving the performance of lithium-ion batteries.GMG's 4 critical business objectives are:Produce Graphene and improve/scale cell production processesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking StatementsThis news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian and U.S. securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "believes" "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, the global exclusive MOU with Alstom for the development of graphene products for the rail industry, graphene's capacity to deliver meaningful improvements across applications, the potential for new revenue streams created by the arrangement with Alstom, GMG's intentions to develop commercial scale-up capabilities, GMG's focus in the energy savings segment, GMG's intentions for the use of graphene lubricant additive on saving liquid fuels, expectations for R&D and commercialisation of G+AI Batteries, GMG's ability to improve the performance of lithium-ion batteries and the Company's four critical business objectives.Such forward-looking statements are based on a number of assumptions of management, including the successful co-development of graphene-based products suitable for rail industry applications and the commercial adoption of such products by Alstom and its customers. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation, that the co-development arrangement with Alstom does not proceed as anticipated or on a timely basis, that graphene products developed under the arrangement do not achieve the expected performance outcomes, and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated November 4, 2025 available for review on the Company's profile at www.sedarplus.ca.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or 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 statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305938 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Grand Opening of Lukfook Jewellery’s New Suria KLCC Shop ACN Newswire

Grand Opening of Lukfook Jewellery’s New Suria KLCC Shop

HONG KONG, July 21, 2026 - (ACN Newswire via SeaPRwire.com) – Luk Fook Holdings (International) Limited (“Lukfook” or the “Group”) (Stock Code: 0590) is pleased to announce that its Lukfook Jewellery shop located in Suria KLCC, a core commercial district in Malaysia, has made its triumphant debut on July 19, showcasing a newly elevated shop design. The grand opening ceremony featured guests of honour including Mr. Edison Choong, Deputy Director and Sustainability Deputy Lead Trade Publication, Strategic Planning Division, Matrade, Professor Jericho Tang Kit Wai, Deputy National President(III), National Consumer Action Council. They were accompanied by Ms. Wong Hau Yeung, Shirley, Executive Director and Chief Operating Officer of Lukfook Group, Mr. Cheung Chi Keung, Darwin, Property Director of the Group, Ms. Wendy Kan, Lukfook Jewellery Malaysia District Manager, and Ms. Angelina Pee, Head of Suria KLCC Lukfook Jewellery shop to unveil the new shop with all distinguished guests.Mr. Wong Wai Sheung, Chairman and Chief Executive Officer of Lukfook Group, said, “Malaysia has always been one of the strategic priorities for Lukfook Group’s overseas expansion. Since entering the Malaysian market in 2016, the Group has established 8 points of sales across core cities and tourism hotspots, such as Kuala Lumpur and Penang. This vibrant market is crucial to our layout in Southeast Asia. Looking ahead, the Group will continue to expand in Malaysia, seizing growth opportunities and further deepening our localised operations to further realise its corporate vision of ‘Brand of Hong Kong, Sparkling the World’.”Suria KLCC is a famous shopping mall in Kuala Lumpur, adjacent to Malaysia’s most iconic landmark, the Petronas Twin Towers. It integrates numerous internationally renowned brands, dining, and entertainment facilities, and is a must-visit destination for both local residents and tourists visiting Malaysia. The Group firmly believes that, leveraging Suria KLCC's premium location and foot traffic advantage, this collaboration will generate strong synergistic effects. While creating a more pleasant and prestigious shopping experience for consumers, it will showcase Lukfook’s exceptional craftsmanship and brand charm to a wider audience.Address: Unit 227-228, 2/F, Suria KLCC, Kuala Lumpur City Centre, 50088 Kuala Lumpur, MalaysiaMs. Wong Hau Yeung, Shirley, Executive Director and Chief Operating Officer of Lukfook Group (3rd left), Mr. Edison Choong, Deputy Director and Sustainability Deputy Lead Trade Publication, Strategic Planning Division, Matrade (2nd left), Professor Jericho Tang Kit Wai, Deputy National President(III), National Consumer Action Council (3rd right), Mr. Cheung Chi Keung, Darwin, Property Director of Lukfook Group (1st left), Ms. Wendy Kan, Lukfook Jewellery Malaysia District Manager (2nd right), Ms. Angelina Pee, Head of Suria KLCC Lukfook Jewellery shop (1st right) officiated the ribbon-cutting ceremonyThe grand opening of the new Suria KLCC shop drew a bustling crowd, creating a vibrant atmosphereAbout Luk Fook Holdings (International) Limited (Stock Code: 0590)The Group, founded by a group of experienced jewellery specialists, is one of the leading jewellery retailers in Hong Kong, China and Chinese Mainland. With the first Lukfook Jewellery shop established in North Point, Hong Kong in 1991, it has always been upholding the service motto of “Exquisite Craftsmanship, Quality Services and Customer Orientation”. In May 1997, the Group was listed on the Main Board of the Stock Exchange of Hong Kong Limited. We principally engage in the sourcing, designing, wholesaling, trademark licensing and retailing of a variety of gold and platinum jewellery and gem-set jewellery products. Through multi-brand strategy to cater to the needs of different customers, the Group’s brands, including Lukfook Jewellery, 3DG Jewellery, Heirloom Fortune, Lukfook Joaillerie, Goldstyle and Love LUKFOOK JEWELLERY, currently have a total of around 2,900 points of sale in 13 countries and regions, crafting the finest jewellery and providing quality services for customers. The Group will continue to identify new business opportunities in the international market and actively pursue further development in China and overseas markets in response to its corporate vision, “Brand of Lukfook, Sparkling the World”.For more information, please visit the official website of Lukfook Group at www.lukfook.com. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Is AI the new colonialism? ACN Newswire

Is AI the new colonialism?

SINGAPORE, July 21, 2026 - (ACN Newswire via SeaPRwire.com) - Artificial Intelligence in the Global South: Power, Policy and Progress, a new book by Singapore-based technologist and AI ethicist Sudhir Tiku was launched today at World Scientific's offices, with H.E. Madiepetsane Charlotte Lobe, High Commissioner of the Republic of South Africa to Singapore, as Guest of Honour, before an audience of diplomats and figures from Singapore's academic and technology sectors.The book poses an uncomfortable question: who is really powering the boom in artificial intelligence, and who is being left out of it? Tiku argues that the systems now remaking the world economy run on data and hidden human labour drawn largely from Asia, Africa and Latin America, even as the regions supplying them sit at the far edge of the value they create. He sets the old colonial extraction of raw materials beside a newer kind: the mining of data, of cheap computing work, and of the “ghost work” that quietly trains and moderates AI systems.The book does not stop at diagnosis. Tiku points to where the balance is already shifting, from local start-ups to home-grown regulation, and argues that the Global South can still claim authorship of its digital future. Drawing on mythology and philosophy as readily as on economics, he closes with a call to build fairer “digital moats” so that the next technological revolution is not simply coded elsewhere.Dr Chi Wai (Rick) Lee, General Manager of World Scientific Publishing, said: “Artificial intelligence presents unprecedented opportunities, but its long-term success depends on ensuring that innovation is inclusive, responsible and accessible to all. This publication makes a valuable contribution to one of the most important global conversations of our time.”“Artificial intelligence should not simply be developed for the Global South — it should be developed with the Global South. This book is an effort to empower businesses, academia and civil society to rethink how AI can empower communities, strengthen digital sovereignty, accelerate sustainable development and ensure that innovation benefits every nation, not just a few. The future of AI will be stronger when every region has a voice in shaping it.”, said Sudhir Tiku, Author of the book.Artificial Intelligence in the Global South is available from World Scientific, as well as on Amazon and other online platforms.About the AuthorSudhir Tiku is a Technical Philosopher and Automation Expert based in Singapore, with more than two decades of experience inside global multinational corporations. A regular TEDx speaker, he addresses international conferences on AI ethics and the Global South. He graduated from REC Kurukshetra with a major in Electronics, holds a Master's in Finance from NMIMS Mumbai and a Master's in Ethics from the Rome Business School, and is an AI Ethics badge holder from the London School of Economics. He is also a climber and a contributing writer, and can be reached on LinkedIn.About World Scientific Publishing Co.World Scientific Publishing is a leading international independent publisher of books and journals for the scholarly, research and professional communities. World Scientific collaborates with prestigious organisations like the Nobel Foundation and US National Academies Press to bring high quality academic and professional content to researchers and academics worldwide. The company publishes about 600 books and over 180 journals in various fields annually. To find out more about World Scientific, please visit www.worldscientific.com. For more information, contact WSPC Communications at communications@wspc.com.Media Contact: Ganesh Somwanshi, Founder – Mett.AI (Event Partner)Tel: +65 9779 1286Email: ganesh@mettai.world Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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GA-ASI Completes Qualification Testing for UK Protector Weapons ACN Newswire

GA-ASI Completes Qualification Testing for UK Protector Weapons

SAN DIEGO, July 20, 2026 - (ACN Newswire via SeaPRwire.com) - General Atomics Aeronautical Systems, Inc. (GA-ASI) has completed weapons testing for the Royal Air Force's (RAF) Protector RG Mk1 Remotely Piloted Aircraft, qualifying both the Paveway IV laser-guided bomb and the Brimstone 3 air-to-surface missile for launch from GA-ASI's MQ-9B aircraft. Testing was completed on June 18 at GA-ASI's facilities in Southern California and marked the first time that GA-ASI has taken the lead role in completing weapons qualification for a customer. The qualification testing was conducted under UK Ministry of Defence approval and met all requirements for certification of the safe carriage and release of weapons."The Royal Air Force is our MQ-9B launch customer and we're here to support them in any way we can," said GA-ASI President David R. Alexander. "Leading the qualification test was a unique experience and we're excited to complete the process so successfully for the RAF."The RAF Protector is based on GA-ASI's MQ-9B SkyGuardian®. The Royal Air Force continues to take delivery of new Protector aircraft at their home at RAF Waddington."The completion of U.S.-based safe-separation weapons testing is a landmark achievement for the Protector RG Mk1. It demonstrates not only the maturity of the platform, but also the ability of the programme to integrate advanced weapons with a cutting-edge, certified remotely piloted air system, delivering benefits to both the UK and our partners," said RAF Programme Director, Group Captain Rob Evans. "Protector will provide operational commanders with persistent intelligence, surveillance and reconnaissance, combined with highly precise strike capability, ensuring that the United Kingdom remains equipped to meet evolving security challenges in an increasingly complex security environment."In 2025, the Protector earned a Military Type Certificate from the UK's Military Aviation Authority, making Protector the first large, unmanned aircraft system to receive that distinction and enabling Protector to have the ability to operate without geographic restrictions, including over populous areas.MQ-9B is the world's most advanced medium altitude, long endurance Uncrewed Aerial System, and includes the SkyGuardian and SeaGuardian® models, as well as the Protector. In addition to the RAF, the MQ-9B is being operated by Belgian Defence, and the Japan Coast Guard, with orders from Canada, Denmark, Poland, Germany, India, Qatar, Taiwan, and the U.S. Air Force in support of the Special Operations Command. MQ-9B has also been featured in various U.S. Navy exercises, including Northern Edge, Integrated Battle Problem, RIMPAC, and Group Sail.About GA-ASIGeneral Atomics Aeronautical Systems, Inc., is the world's foremost builder of Unmanned Aircraft Systems (UAS). Logging more than 9 million flight hours, the Predator® line of UAS has flown for over 30 years and includes MQ-9A Reaper®, MQ-1C Gray Eagle®, MQ-20 Avenger®, and MQ-9B SkyGuardian®/SeaGuardian®. The company is dedicated to providing long-endurance, multi-mission solutions that deliver persistent situational awareness and rapid strike.For more information, visit www.ga-asi.com.Avenger, EagleEye, Gray Eagle, Lynx, Predator, Reaper, SeaGuardian, and SkyGuardian are trademarks of General Atomics Aeronautical Systems, Inc., registered in the United States and/or other countries.CONTACT:GA-ASI Media RelationsGeneral Atomics Aeronautical Systems, Inc.ASI-MediaRelations@ga-asi.com(858) 524-8101SOURCE: General Atomics Aeronautical Systems, Inc. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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HKTDC showcases Hong Kong Tech Pavilion at WAIC 2026 ACN Newswire

HKTDC showcases Hong Kong Tech Pavilion at WAIC 2026

HONG KONG, July 20, 2026 - (ACN Newswire via SeaPRwire.com) – The 2026 World Artificial Intelligence Conference (WAIC) and High-Level Meeting on Global AI Governance, one of the world’s premier events in artificial intelligence (AI), concluded successfully in Shanghai today. The Hong Kong Trade Development Council (HKTDC) participated in the event for the fourth consecutive year, and together with three major innovation and technology (I&T) parks – namely Cyberport, Hong Kong Science and Technology Parks Corporation (HKSTP) and Hong Kong-Shenzhen Innovation and Technology Park Limited (HSITP) – mounted the Hong Kong Tech Pavilion. The pavilion showcased innovative solutions from 18 leading Hong Kong AI enterprises and institutions to global investors and industry players, covering areas including intelligent robotics, smart city technologies, cybersecurity and enterprise intelligence. The pavilion demonstrated Hong Kong’s strengths as an international I&T centre and its unique advantage as an important bridge connecting China with global innovation resources.Silas Chu, HKTDC Associate Executive Director (Technology and Digital Innovation), said: “The HKTDC is committed to fostering the development of Hong Kong’s I&T and start-up ecosystem. Through various platforms, we actively help start-ups enhance their market visibility, expand into the Chinese Mainland and overseas markets, and further promote Hong Kong’s I&T strengths. We continue to facilitate the participation of local I&T enterprises in major international technology exhibitions and industry events, enabling deeper exchange and collaboration between the industry and global corporations, investors, research institutions and business partners. These efforts help the sector stay abreast of developments in AI and other frontier technologies, while exploring new application scenarios and market opportunities. Through our participation in WAIC, we hope to showcase Hong Kong’s vibrant I&T ecosystem to a global audience and help bring more innovative solutions to international markets.”On the first day of the conference, the HKTDC organised the Seminar on Fostering Economic Innovation and Global Collaboration through AI, bringing together representatives from government, research institutions, the financial sector and I&T enterprises to discuss AI industrialisation and real-world applications, governance and standards alignment, financial empowerment and the global expansion of Greater Bay Area AI enterprises. The seminar also explored pathways to accelerate technology commercialisation and foster industry development through regional and international collaboration.Prof Sun Dong, Secretary for Innovation, Technology and Industry of the HKSAR Government, attended the forum and delivered opening remarks. He said: “The Hong Kong SAR Government is pressing ahead with transforming Hong Kong into an international innovation and technology centre, while building a robust, trustworthy, internationalised and sustainable AI ecosystem and proactively integrating into the national AI Plus initiative. Leveraging the unique advantages of ‘One Country, Two Systems’, Hong Kong will continue to deepen collaboration among the government, industry, academia, research and investment sectors, strengthen ties with provinces and municipalities across the Mainland, and harness the power of AI to drive Hong Kong’s development, thereby contributing to AI innovation in our country and the world at large.”Jacky Chung, HKTDC Associate Executive Director (Global Network and Supply Chain) and Director of Chinese Mainland, said, “In his keynote speech at the opening ceremony, President Xi Jinping emphasised the importance of jointly building a fair and equitable global AI governance framework, so that the development of AI becomes a symphony of global collaboration. His remarks provided clear direction for our work going forward. As AI shifts from R&D breakthroughs towards large-scale industrial application, Hong Kong will leverage its unique strengths to contribute to the national 15th Five-Year Plan. The HKTDC will continue to actively support Mainland AI enterprises in expanding into international markets, accelerate the adoption of AI across diverse application scenarios, build international innovation and technology platforms, and foster more cross-border collaboration. The Mainland and Hong Kong can further deepen cooperation in areas such as capital, talent and market development, seizing the window of opportunity presented by AI and driving global collaboration and real-world applications.”The HKTDC also organised a series of business matching and networking activities, including a visit by participating enterprises to a Shanghai-based business incubator on 16 July, the day before the conference, as well as a roundtable and networking dinner with enterprises from Shanghai’s Xuhui District. These activities facilitated business connections between participating Hong Kong enterprises and Chinese Mainland I&T companies, investors and industry representatives, further deepening I&T collaboration between Hong Kong and the Mainland.The HKTDC also organised the My Favourite Start-up Award during the exhibition, inviting visitors and buyers to vote for the enterprise demonstrating the strongest innovation capability and market potential from among the 18 participating start-ups. The award was presented to HSITP start-up AI SEMI Limited. Driven by AI-Empowered semiconductor manufacturing innovation and centered on AI optical proximity correction (AI-OPC), AI SEMI builds a triangular flywheel of “algorithm + data + process” to reshape the lithography technology value chain. The team comprised seasoned experts from both the semiconductor and AI industries, with decades of experience in Fab R&D and commercialisation.The HKTDC has been actively bringing Hong Kong enterprises to major international tech shows. Following CES 2026 in Las Vegas in January, Mobile World Congress (MWC) and 4 Years From Now (4YFN) in Barcelona in March, and Viva Technology in Paris in June, the HKTDC once again organised the Hong Kong Tech Pavilion at WAIC, providing start-ups a platform to showcase their technology solutions and connect with international investors.Since its inception, WAIC has brought together more than 8,100 leading scientists, entrepreneurs, investors and industry leaders from around the world, becoming an important platform for advancing AI innovation, industrial collaboration and global AI governance. Under the theme “AI Partnership for a Brighter Future”, this year’s conference brought together more than 1,100 companies and featured over 3,000 innovative products. The conference was held from 17 to 20 July.List of 18 Start-ups and institutions at the Hong Kong Tech Pavilion: Company NameCategory1AI SEMI LimitedWorkplace & Enterprise Solutions2Oxtak LimitedWorkplace & Enterprise Solutions3JiHu GitLab Technology LimitedWorkplace & Enterprise Solutions4VoiceAI Technologies Hong Kong LimitedWorkplace & Enterprise Solutions5Laiye Technology HK LimitedWorkplace & Enterprise Solutions6FireAlert LimitedWorkplace & Enterprise Solutions7Sengine Technology International Holding LimitedSmart City & Infrastructure8Stellerus Technology LimitedSmart City & Infrastructure9SUTPC Digital Technology (Hong Kong) LimitedSmart City & Infrastructure10MotoNerv LimitedSmart City & Infrastructure11Orion Arm HK LimitedRobotics & Automation12NineRay Technology LimitedRobotics & Automation13Robocore Technology LimitedRobotics & Automation14KNQ Technology LimitedRobotics & Automation15Eaglecloud Technology Company LimitedFinance, Legal & Cybersecurity16221b LimitedFinance, Legal & Cybersecurity17K Ocean Technology Trading LimitedFinance, Legal & Cybersecurity18WiseLaw Digital Technology LimitedFinance, Legal & CybersecurityPhoto download: https://bit.ly/4wTrAlrThe Hong Kong Trade Development Council (HKTDC), together with three major I&T parks, namely Cyberport, Hong Kong Science and Technology Parks Corporation (HKSTP), and Hong Kong-Shenzhen Innovation and Technology Park Limited (HSITP), mounted the Hong Kong Tech Pavilion at the 2026 World Artificial Intelligence Conference (WAIC). Prof Sun Dong, Secretary for Innovation, Technology and Industry of the HKSAR Government, Jacky Chung, HKTDC Associate Executive Director (Global Network and Supply Chain) and Director of Chinese Mainland, Dr Rocky Cheng, CEO of Cyberport, Terry Wong, CEO of HKSTP, Vincent Ma, CEO of HSITP, toured the pavilion together with other guests.The HKTDC organised the Seminar on Fostering Economic Innovation and Global Collaboration through AI on the first day of the conference. Prof Sun Dong, Secretary for Innovation, Technology and Industry of the HKSAR Government, delivered opening remarks.Prof Sun Dong, Secretary for Innovation, Technology and Industry of the HKSAR Government (fifth from left), Zhu Min, Deputy Secretary-General of the Shanghai Municipal People's Government (fifth from right), Jacky Chung, HKTDC Associate Executive Director (Global Network and Supply Chain) and Director of Chinese Mainland (fourth from right); and other distinguished guests posed for a group photo on stage.During the conference, the HKTDC organised a series of business matching sessions, enabling start-ups and investors to engage in in-depth discussions.The HKTDC organised the My Favourite Start-up Award during the exhibition, which was presented to AI SEMI Limited. The photo shows Yoyo Lu, Co-founder of AI SEMI Limited.Media enquiriesFor enquiries, please contact HKTDC’s Communications & Public Affairs Department:Katy WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.orgMedia Room: http://mediaroom.hktdc.comAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on @hktdc and LinkedIn Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Grand Opening of Lukfook Jewellery’s New VivoCity Shop ACN Newswire

Grand Opening of Lukfook Jewellery’s New VivoCity Shop

HONG KONG, July 20, 2026 - (ACN Newswire via SeaPRwire.com) - Luk Fook Holdings (International) Limited (“Lukfook” or the “Group”) (Stock Code: 0590) is pleased to announce the grand opening of Lukfook Jewellery’s Shop at VivoCity on 18 July. The grand opening ceremony featured guests of honour including Ms. Elsa Hung Director of Hong Kong Economic & Trade Office, Ms. Gloria Chan, Director of HKTDC Limited, Singapore Branch, Mr. Ho Nai Chuen, Charles, President of Singapore Jewellers Association. They were accompanied by Ms. Wong Hau Yeung, Shirley, Executive Director and Chief Operating Officer of Lukfook Group, Mr. Cheung Chi Keung, Darwin, Property Director of the Group, Ms. Wendy Kan, Lukfook Jewellery Malaysia District Manager, and Ms. Cassandra Gan, Head of Lukfook Jewellery Singapore shop to unveil the new shop with all distinguished guests.Mr. Wong Wai Sheung, Chairman and Chief Executive Officer of Lukfook Group, said, “Lukfook has always been actively seeking overseas business opportunities. As one of the core economies in Southeast Asia, Singapore holds immense market potential. Through this entry with a brand-new shop image, we hope to create a pleasant and prestigious shopping experience for both locals in Singapore and consumers from all over the world. This allows the public to experience Lukfook Jewellery’s high-quality jewellery and professional services, injecting new fashionable vitality into the local jewellery market. Looking ahead, the Group will continue to allocate resources to overseas expansion and seize market opportunities to further realise its corporate vision of ‘Brand of Hong Kong, Sparkling the World’.”VivoCity is one of Singapore’s largest shopping malls, with a total area of 140,000 square metres. It integrates shopping, entertainment and fashionable living. The mall gathers many internationally renowned brands and is a must-visit destination for both local residents and tourists. The Group firmly believes that, leveraging VivoCity’s premium location, this collaboration will generate a powerful synergy, allowing more overseas consumers to experience the charm and craftsmanship of "Lukfook".Address: Shop 201, Level 1, VivoCity, 1 HarbourFront Walk, SingaporeMs. Wong Hau Yeung, Shirley, Executive Director and Chief Operating Officer of Lukfook Group (centre), Ms. Elsa Hung, Director of Hong Kong Economic & Trade Office (3rd left), Ms. Gloria Chan, Director of HKTDC Limited, Singapore Branch (3rd right), Mr. Ho Nai Chuen, Charles, President of Singapore Jewellers Association (2nd left), Mr. Cheung Chi Keung, Darwin, Property Director of Lukfook Group (2nd right), Ms. Wendy Kan, Lukfook Jewellery Malaysia District Manager (1st left), and Ms. Cassandra Gan, Head of Lukfook Jewellery Singapore shop (1st right), officiated the ribbon-cutting ceremonyThe grand opening of the new VivoCity shop drew a bustling crowd, creating a vibrant atmosphereAbout Luk Fook Holdings (International) Limited (Stock Code: 0590)The Group, founded by a group of experienced jewellery specialists, is one of the leading jewellery retailers in Hong Kong, China and Chinese Mainland. With the first Lukfook Jewellery shop established in North Point, Hong Kong in 1991, it has always been upholding the service motto of “Exquisite Craftsmanship, Quality Services and Customer Orientation”. In May 1997, the Group was listed on the Main Board of the Stock Exchange of Hong Kong Limited. We principally engage in the sourcing, designing, wholesaling, trademark licensing and retailing of a variety of gold and platinum jewellery and gem-set jewellery products. Through multi-brand strategy to cater to the needs of different customers, the Group’s brands, including Lukfook Jewellery, 3DG Jewellery, Heirloom Fortune, Lukfook Joaillerie, Goldstyle, and Love LUKFOOK JEWELLERY, currently have a total of around 2,900 points of sale in 13 countries and regions, crafting the finest jewellery and providing quality services for customers. The Group will continue to identify new business opportunities in the international market and actively pursue further development in China and overseas markets in response to its corporate vision, “Brand of Lukfook, Sparkling the World”.For more information, please visit the official website of Lukfook Group at www.lukfook.com. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Graphene Manufacturing Group to Host Live Fireside Chat on Scaling Production and Expanding Global Markets ACN Newswire

Graphene Manufacturing Group to Host Live Fireside Chat on Scaling Production and Expanding Global Markets

BRISBANE, AUS, July 20, 2026 - (ACN Newswire via SeaPRwire.com) - Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce that Founder, Managing Director and CEO Craig Nicol will participate in a live fireside chat hosted by Cory Fleck of the KE Report. The event will take place on Wednesday, July 22, 2026, at 4:30 p.m. Pacific Time / 7:30 p.m. Eastern Time / 9:30 a.m. Australian Eastern Standard Time (Thursday, July 23, 2026).The discussion will recap GMG's recent operational and commercial developments and provide an outlook on the Company's next stage of growth. This will be a live event, and attendees are encouraged to ask questions throughout the discussion.Register for the live event:https://event.webinarjam.com/gykm4/register/q561qb62Topics expected to be discussed include:First Bulk U.S. Shipment: On June 17, 2026, GMG announced that it had shipped its first-ever bulk order of THERMAL-XR® to its exclusive North American distributor, Nu-Calgon Wholesaler, Inc. The product is marketed and sold as Nu-Calgon CoolWorx® powered by GMG® Graphene.Gen 2.0 Graphene Plant Startup: On July 6, 2026, GMG announced that it had completed construction and started up its Generation 2.0 Graphene Manufacturing Technology Plant on budget and on schedule. The plant is expected to produce up to 10 tonnes of graphene annually once the remaining works are completed and the plant is optimized.Record Sales Orders: On July 7, 2026, GMG announced that it had booked more than A$400,000 in sales orders during June 2026, representing the strongest month for sales orders in the Company's history. The orders reflected customer activity across domestic and international markets and growing demand for THERMAL-XR®.Factory for Graphene Factories: On July 8, 2026, GMG announced that its Board had approved A$1.2 million in capital expenditure for the next stage of detailed design, engineering and long-lead procurement for its proposed Fulcrum Facility. The facility is intended to support the assembly and commissioning of modular graphene production units that can be deployed globally, including potential future production sites in North America.30,000-Hour Testing Milestone: On July 9, 2026, GMG announced that THERMAL-XR® had surpassed 30,000 hours of external salt-spray testing under ASTM B117-19, with certification of no corrosion from an external laboratory in the United States.About GMG:GMG is an Australian-based clean-technology company that develops, manufactures and sells energy-saving and energy-storage solutions, enabled by graphene produced via its in-house production process. GMG uses its proprietary process to decompose natural gas (i.e., methane) into its natural elements — carbon (as graphene), hydrogen, and some residual hydrocarbon gases. This process produces high-quality, low-cost, scalable, tuneable, and low- to no-contaminant graphene suitable for use in clean-technology and other applications.The Company's present focus is to de-risk and develop commercial scale-up capabilities and to secure market applications. In the energy savings segment, GMG has initially focused on a graphene-enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating), which is now being marketed into other applications including electronic heat sinks, industrial process plants, and data centres. GMG has also developed a graphene lubricant additive focused on saving liquid fuels, initially for diesel engines.In the energy storage segment, GMG and the University of Queensland are working collaboratively, with financial support from the Australian Government, to progress R&D and commercialisation of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry aimed at improving the performance of lithium-ion batteries.GMG's 4 critical business objectives are:Produce Graphene and improve/scale cell production processesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305761 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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GA-ASI and KONGSBERG Advance JSM Integration for MQ-9B ACN Newswire

GA-ASI and KONGSBERG Advance JSM Integration for MQ-9B

SAN DIEGO, July 20, 2026 - (ACN Newswire via SeaPRwire.com) - General Atomics Aeronautical Systems, Inc. (GA-ASI) and KONGSBERG Gruppen ASA (KONGSBERG) completed the System Requirements Review (SRR) and Preliminary Design Review (PDR) for the integration of the Joint Strike Missile (JSM) weapon system onto MQ-9B. This design and integration effort is a jointly funded project by both companies aimed at providing long-range strike capability for MQ-9B and its customers. These reviews were successfully completed in Kongsberg, Norway, on June 30.MQ-9B is an industry-leading uncrewed aircraft system (UAS) manufactured by GA-ASI and includes the SkyGuardian® and SeaGuardian® models. KONGSBERG produces the JSM, a best-in-class weapon system for use against high-priority targets."We recognize the value JSM brings to our MQ-9B platform," said Niki Johnson, GA-ASI Vice President, International Capture and Government Affairs. "This integration effort shows how industry can effectively collaborate to integrate new capabilities and make them available quickly to our warfighters."MQ-9B is a long-endurance uncrewed platform that can conduct missions over land and over water. JSM is a fifth-generation stealth air-to-surface missile for use against high-priority targets."Having JSM integrated onto an uncrewed air platform - the MQ-9B - enables a highly capable strike mission set that can be employed in conjunction with or independently of piloted aircraft. This is an operational capability that we're seeing greater interest in across the defence sector," said Jens Gjestvang, Senior Vice President, Missiles and Aerostructures.MQ-9Bs are multi-mission, multi-domain UAS that can operate in all weather conditions. MQ-9B aircraft are being flown by the United Kingdom's Royal Air Force, Belgian Defence, and the Japan Coast Guard. In addition, MQ-9B has been selected by Canada, Denmark, Poland, Germany, Qatar, Taiwan, India, and the U.S. Air Force in support of the Special Operations Command. MQ-9B has also been featured in various U.S. Navy exercises, including Northern Edge, Integrated Battle Problem, RIMPAC, and Group Sail.About KONGSBERGKONGSBERG protects people and critical infrastructure - from deep sea to space. Through innovation, collaboration, and determination, we develop technologies and solutions to serve the defense, security, and surveillance markets. KONGSBERG combines military and civilian expertise to drive rapid innovation for defense, research, and commercial applications. The JSM is a 5th generation strike missile, engineered to evade advanced defence systems. The missile has been selected by Norway, Japan, Australia, the US and Germany.About GA-ASIGeneral Atomics Aeronautical Systems, Inc., is the world's foremost builder of Unmanned Aircraft Systems (UAS). Logging more than 9 million flight hours, the Predator® line of UAS has flown for over 30 years and includes MQ-9A Reaper®, MQ-1C Gray Eagle®, MQ-20 Avenger®, and MQ-9B SkyGuardian®/SeaGuardian®. The company is dedicated to providing long-endurance, multi-mission solutions that deliver persistent situational awareness and rapid strike.For more information, visit www.ga-asi.com.Avenger, EagleEye, Gray Eagle, Lynx, Predator, Reaper, SeaGuardian, and SkyGuardian are trademarks of General Atomics Aeronautical Systems, Inc., registered in the United States and/or other countries.GA-ASI Media RelationsGeneral Atomics Aeronautical Systems, Inc.ASI-MediaRelations@ga-asi.com(858) 524-8101SOURCE: General Atomics Aeronautical Systems, Inc. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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INVEST Fair 2026 Kicks Off, Bringing Malaysia’s Investing, Money and Finance Conversations to Life ACN Newswire

INVEST Fair 2026 Kicks Off, Bringing Malaysia’s Investing, Money and Finance Conversations to Life

Dato’ Fad’l Mohamed, Chief Executive Officer of Bursa Malaysia, officiated the opening of INVEST Fair 2026 as Guest-of-Honour.Two-day event features more than 100 speakers and over 40 exhibitors across more than 70 hours of talks and panel discussions.Programmes cover equities, exchange-traded funds, retirement planning, income investing, artificial intelligence, estate planning and digital wealth solutions. The inaugural Duit Fest expands the event’s focus to practical money management, financial well-being and active living.Interactive activities include the Golden Ball Pit Challenge, Kick & Win Challenge, trading contests, lucky draws, and the two-day Pickleball Bull League.Opening ceremony of INVEST Fair 2026 by AlphaInvest Holdings (holding company of ShareInvestor Malaysia) with Guest-of-Honour, Dato’ Fad’l, CEO of Bursa Malaysia and Ms Stephanie Tan, Director, Group Commercial & Market Coverage of Bursa MalaysiaKUALA LUMPUR, July 20, 2026 - (ACN Newswire via SeaPRwire.com) - INVEST Fair 2026, Malaysia’s largest retail investment event, has officially opened on 18 July 2026 at the Mid Valley Exhibition Centre in Kuala Lumpur, bringing investing, financial education and financial technology together under one roof.Organised by ShareInvestor Malaysia Sdn Bhd, the two-day event was officially opened by Dato’ Fad’l Mohamed, Chief Executive Officer of Bursa Malaysia, who returned as the Guest-of-Honour.In his opening address, Dato’ Fad’l Mohamed said, “While saving helps build financial discipline and security, investing allows Malaysians to put their money to work, grow their wealth over time and work towards their long-term financial goals. It is encouraging to see more Malaysians taking that step, with more than 325,000 new retail CDS accounts opened as at mid-June this year. As participation grows, investors need access to trusted information, practical knowledge and the confidence to navigate the market. Through investor education initiatives and a wider range of investment opportunities, Bursa Malaysia is committed to helping Malaysians invest with confidence while participating in the nation's economic growth.”Themed “Money. Finance. Technology.”, INVEST Fair 2026 spans Halls 1, 2 and 3 of the Mid Valley Exhibition Centre and is expected to welcome approximately 20,000 visitors on 18 and 19 July 2026.This year’s edition features more than 100 industry speakers and over 40 exhibiting organisations across more than 70 hours of talks and panel discussions. The programme covers equities, exchange-traded funds, real estate investment trusts, bonds and sukuk, retirement planning, estate planning, digital investing, financial technology, sustainable investing, AI-related investment opportunities and green finance instruments.Mr Christopher Lee (李锡良), Chief Executive Officer and Director of AlphaInvest Holdings Pte. Ltd., the holding company of ShareInvestor Malaysia, said, “We are pleased to officially open INVEST Fair 2026 and welcome investors, industry professionals and members of the public to our largest edition to date. As financial markets and technology continue to evolve, we aim to give Malaysians trusted information, practical knowledge and direct access to credible experts so they can make better-informed financial decisions at every stage of their journey.”Participating exhibitors include Bursa Malaysia, Affin Hwang Investment Bank, FSMOne, Moomoo, UOB Kay Hian, Gambit, Kenanga, ASNB, KWSP and a wide range of investment banks, fund-management companies, digital investment platforms, insurers, financial advisers, government agencies and investor-education partners.Throughout the two-day event, visitors can participate in fireside chats and panel discussions, engage directly with investment professionals and financial institutions, and explore the latest market trends and investment opportunities.Key programme highlights include panel talks on:Mapping Malaysia’s Investment FutureGeared for Growth: Navigating Leveraged Products in Volatile MarketsCan Anyone Be an Entrepreneur Now? Lowering the Bar with AI, Social Media, and Digital ToolsThis year also marks the debut of Duit Fest, a dedicated segment focused on practical personal finance and everyday money habits. Riding on the excitement surrounding the 2026 World Cup season, the Kick & Win Challenge invites visitors to enjoy games and collect stamps for an opportunity to win exclusive prizes. Visitors can also watch pre-registered participants at the Pickleball Bull League tournaments, taking place on both event days.Selected government agencies, including JPJ, NFCC, Zakat Selangor, LHDN, PTPTN and PDRM, are also participating in the fair to provide information and guidance on public services, taxation, zakat, education financing, scam awareness and consumer protection matters. At the Career Partner Area, participating organisations share information on employment and internship opportunities within the finance, investment and related industries.INVEST Fair 2026 is supported by sponsors from across industry, reflecting the sector’s continued commitment to investor education, financial literacy and greater public access to trusted financial information.Datuk Clifford, Group Chief Executive Officer of Gambit Group, said, “As more Malaysians invest for their futures, holistic wealth planning matters more than ever. At INVEST Fair 2026, Gambit is proud to showcase its Digital Trustee solutions that make estate planning simpler, more accessible and future-ready.”Mr Hanif bin Ghulam Mohammed, Chief Executive Officer of Affin Hwang Investment Bank Berhad, said, “INVEST Fair 2026 showcases opportunities across equities, futures and structured products. Through market expertise, research-driven insights and comprehensive investment solutions, AFFIN HWANG equips investors to capitalise on opportunities in an evolving market landscape.”“INVEST Fair reflects exactly where investing in Malaysia is heading — the meeting point of money, finance and technology. At Moomoo, we believe trust is the foundation of every investment decision, which is why more than 30 million investors worldwide already choose to trade with us. We’re proud to sponsor Invest Fair 2026 and bring that same trusted, professional-grade experience to more Malaysians as they invest with knowledge and confidence,” said Ms Indy Lau, Chief Operating Officer of Moomoo Malaysia.For more information on the event, please visit the official website at: https://investfair.com.my/About AlphaInvest Holdings Pte. Ltd. (www.alphainvestholdings.com)A leading regional financial services, media and technology company, AlphaInvest Holdings Pte Ltd (“AlphaInvest” or the “Group”) was founded in 1999 to empower investors by providing them with trusted products and services for informed investment decision-making. Its core areas of business span investor relations, market data tools and investor education.AlphaInvest Group operates the largest investor relations network in the region, with a customer base of about 700 public listed companies and a reach of over 300,000 people across its platforms. The Group has over 120 employees in four countries (Singapore, Malaysia, Thailand, and Indonesia).The Group has made several strategic investments:- in investor relations/public relations firm, Waterbrooks Consultants Pte Ltd (www.waterbrooks.com.sg)- in Singapore’s leading social media platform for investors, InvestingNote (www.investingnote.com).InvestingNote is the largest and most active social platform for investments in Singapore and Malaysia. It is a community-driven platform designed specifically to help investors and traders to share ideas on stocks, news and insights through social networking and a variety of useful investment tools.ShareInvestor (www.shareinvestor.com) provides online market data tools for multiple markets across its ShareInvestor Station™, ShareInvestor WebPro™ and ShareInvestor Mobile range of products.AlphaInvest’s digital publications include:- Investor-One (www.investor-one.com), a website on investor education, market news, corporate developments, and data analytics;- Inve$t, the e-magazine published weekly in Singapore and Malaysia.AlphaInvest organises financial investment seminars and conferences for investors. Its annual large-scale events INVESTFAIR™(https://investfair.com.my/) in Malaysia and Singapore draws thousands of participants. Other key exhibitions include the largest REIT event ie REITS Symposium (www.reitsymposium.com).Media Contact:Mr Darren ChongHead of Investor PlatformsShareInvestor / Investing NoteEmail: darren.chong@shareinvestor.comMobile/WhatsApp: (+60) 014-944-1639 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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