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Dixie Gold Inc. Executes Settlement Agreement with Omnia Metals Group Ltd

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(via TheNewswire)

Dixie Gold Inc.

Vancouver, British Columbia – April 2, 2024 – Dixie Gold Inc. (TSX VENTURE: DG)(“Dixie Gold” or the “Corporation”) reports that it has today entered into and executed a settlement agreement dated April 2, 2024 (the “Settlement Agreement“) with Omnia Metals Group Ltd (“Omnia“) as relates to its prior commencement of legal proceedings (the “Litigation“) as plaintiff against Omnia (see news release, Dixie Gold Inc. Initiates Lawsuit Against Omnia Metals Group Ltd., Provides Related Notice to Market Regarding Takeover Transaction, dated March 4, 2024).

Pursuant to the Settlement Agreement, the parties have resolved their differences without admission of liability and provided customary and encompassing mutual releases.

Under the Settlement Agreement, the Corporation received a cash payment, which is expected to exceed its legal expenses related to the Litigation and thereafter modestly attribute to the Corporation’s working capital. Importantly and more materially, the Corporation also received confirmation of clear entitlement to funds previously paid by Omnia to the Corporation.

The Corporation did not make any payments to Omnia under the Settlement Agreement nor otherwise.

Beyond the above, the Corporation views the Litigation as having facilitated important material disclosures related to matters then between the Corporation and Omnia. With that served, the Corporation views the Settlement Agreement as now eliminating the potential for assertions around specific performance should the Corporation otherwise transact on one or more of its assets in the future.

In furtherance of the Settlement Agreement, the parties involved shall execute customary documentation to conclude court matters that rest under Court File No. VLC-S-S-241442.

The Corporation does not plan further dealings with Omnia, views the Litigation as resolved with a positive outcome and does not intend to make further public statements on the settled matter.

About Dixie Gold Inc.

Dixie Gold Inc. (TSXV: DG) is a publicly traded exploration company holding a portfolio of exploration projects in Canada.

For more information, please visit www.dixiegold.ca

Signed,

Ryan Kalt
Chief Executive Officer
Dixie Gold Inc.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Canadian securities laws. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words “anticipate,” “expect,” “suggest,” “plan,” “believe,” “intend,”, “intention” “estimate,” “target,” “project,” “should,” “could,” “would,” “may,” “will,” “forecast” and other similar expressions are intended to identify forward-looking statements. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, including, but not limited to statements related to the Corporation’s business in general and/or matters related to further effectuating the Settlement Agreement and resolving matters of court related to the Litigation.

Without limitation, these statements are “forward-looking” because they are based on our current expectations about the markets we operate in and on various estimates and assumptions. Actual events or results may differ materially from those anticipated in these forward-looking statements if known or unknown risks affect our business and transactions, or if our estimates or assumptions turn out to be inaccurate.

Neither 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.

Contact Info:

Ryan Kalt
Chief Executive Officer
Dixie Gold Inc.

T: 604.687.2038

E.
info@dixiegold.ca
W.
www.dixiegold.ca

Copyright (c) 2024 TheNewswire – All rights reserved.

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Pinnacle Capital Launches $100 Million Web3 Fund to Accelerate Blockchain and AI Innovation

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Dubai, UAE – Pinnacle Capital, a leading family office and investment firm, has announced the establishment of a $100 million Web3 fund, reaffirming its commitment to driving the growth of blockchain and digital asset technologies. The new fund will target innovative projects at the intersection of blockchain and artificial intelligence (AI), positioning Pinnacle Capital at the forefront of the next wave of Web3 development.

 

 

Recent data indicates a resurgence of venture capital interest in the crypto sector, with funding increasing from $550 million in July to $633 million in August. Despite ongoing market challenges, Pinnacle Capital remains confident in the transformative potential of Web3 technologies. As a pioneering VC firm, Pinnacle believes the convergence of AI and blockchain presents a pivotal opportunity to shape the future of digital finance and decentralized economies.

 

Strategic Investments and Industry Partnerships

 

Pinnacle Capital has built a reputation for its diversified investments across energy, real estate, and healthcare. With the launch of the new Web3 fund, the firm is extending its expertise into the digital asset space, securing partnerships with a range of forward-thinking blockchain projects. Key collaborators include Celestia, OORT, Elixir Protocol, Fuel, Layer Zero, TrendX, Counter Fire, Wormhole, and DeAgent.ai, among others. These alliances will help Pinnacle Capital explore and capitalize on cutting-edge innovations across multiple layers of the blockchain ecosystem.

 

“We see the fusion of AI and blockchain as an inflection point that will significantly accelerate the adoption and evolution of digital assets,” said a Pinnacle Capital spokesperson. “Our strategy focuses on identifying protocols with real product-market fit, sustainable business models, and the potential to drive a new era of economic innovation.”

 

A Partnership with the UAE Highness Foundation

 

Leveraging its expertise in traditional investment and hedge fund management, Pinnacle Capital has partnered with the UAE Highness Foundation to establish itself as a strategic gateway for the Abu Dhabi consortium’s exploration of Web3 technology and wealth management. This collaboration underscores Pinnacle Capital’s mission to bridge the gap between traditional finance and the rapidly evolving digital economy.

 

About Pinnacle Capital

 

Pinnacle Capital is a global private investment firm with a diverse portfolio that spans venture capital, hedge funds, quantitative fund-of-funds, and innovation funds. The firm is committed to fostering the growth of emerging technologies, with a particular focus on AI, decentralized infrastructure (DePIN), SocialFi, DeFi, GameFi, and NFTs. Pinnacle Capital partners with best-in-class external investment managers to identify and invest in high-impact opportunities that drive technological progress and economic growth.

 

For more information, visit https://pin.capital or contact us at bp@pin.capital.

 

Media Contact:

bp@pin.capital

Pinnacle Capital

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The Rise of the Meme Supercycle: Murad’s Visionary Thesis on Memecoins

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Cryptocurrencies, known for their volatile nature and rapid shifts in fortune driven by digital trends, are now seeing a new narrative take shape. At the center of this movement is Murad, widely recognized as @muststopmurat across social media.

Once closely associated with Bitcoin maximalism, Murad has now turned his attention to memecoins—often seen as the jokers of the crypto market. He argues that we’re entering a “meme supercycle,” a phase where memecoins will not only surpass traditional cryptocurrencies but also alter investor behavior and market trends. Murad believes memecoins are evolving from mere online jokes into legitimate investment assets with passionate followings, capable of outpacing other cryptocurrencies thanks to their community-driven energy.

Murad highlights that memecoins appeal to people’s desires for belonging, entertainment and shared identity—qualities that many traditional cryptocurrencies lack in their pursuit of technological innovation. He notes that in 2024, 13 of the top 20 performing tokens were memecoins, which he views as supporting his predictions.

From Analyst to Meme: The Birth of “Murad Flanders”

Like many public figures in the internet age, Murad has become a meme himself. “Murad Flanders” (http://muradflanders.io), , which portrays him as a character from The Simpsons, reflects how his ideas have gained traction within online culture. This meme represents more than just humor; it highlights the extent to which his thesis has resonated with people, bridging the gap between serious financial theories and playful internet creativity.

The Cultural Impact and Future Implications

Murad’s thesis extends beyond forecasting market movements; it touches on the changing relationship between culture, economics and digital assets. In his view, memecoins aren’t merely about short-term gains but about building movements—often wrapped in layers of irony and humor. This challenges investors to reconsider traditional measures of value, recognizing emotional and communal investment as real factors in the digital economy.

The rise of memes like “Murad Flanders” points to growing acceptance of his ideas. It shows how financial theories, when mixed with the viral nature of internet culture, can serve as forms of social commentary and foster new communities.

As 2024 progresses, Murad’s predictions and the meme supercycle thesis will face scrutiny. Will memecoins like Dogecoin or Shiba Inu reach the massive $100 billion market cap he hints at, or will the hype fizzle, reminding investors of the speculative risks involved? Regardless of the outcome, Murad has already achieved one thing: he’s prompted the crypto world and beyond to rethink value, community and investment.

Whether or not the meme supercycle plays out as Murad envisions, it has already reshaped discussions around digital currencies. And with “Murad Flanders” as its unexpected mascot, the movement shows once again that in crypto, the lines between reality and online culture are often blurred in ways that are both surprising and entertaining.

Media Contacts:

Website: https://muradflanders.io/ 

Twitter: https://x.com/MuradFlanders 

Telegram: https://t.me/MuradFlanders 

Email: hi@muradflanders.io 

Person Name: Emily Davis

Company name: MuradFlandersTheMeme

SOURCE: Murad Flanders

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“Infertility is surmountable, you will have a child!” – a serial businessman-pedophile guarantees

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Surrogacy is a multifaceted phenomenon. For desperate childless couples – the last hope to become parents, for some enterprising businessmen convicted of pedophilia and fraud – another way to make money quickly. Nothing personal, just business. Let’s follow the history of the intermediary agency Gestlife, well-known in Ukraine and abroad.

What do people suffering from infertility expect, resorting to surrogacy as a last hope to become parents of a baby? Probably, confidence in the appearance of a healthy child, a careful attitude to their experiences, fears, pain from previous failures. But what if the founder of this agency doesn’t care about your worries and concerns? In addition to the surrogacy agency, he has a series of very different businesses: 

  • Eliminalia is an online reputation management agency specialising in removing unwanted information about the dark dealings of powerful people, many of whom have been convicted of serious crimes (its employees even pose as European Union officials to achieve their goals); 
  • Jurisdalia (which changed its name to Legisdalia), a law firm with a wide range of services that promises to protect your rights on the outside and in prison;
  • Subastalia – a company registered for commercial purposes, with an undefined line of business;
  • Wave Music – a production company dedicated to finding talented musicians;
  • Mireia Vidal Brides – a bridal salon;
  • Padres Para Siempre – an organisation involved in adopting orphans from Russia before it was banned by Russian law;
  • Financonsulting, a financial holding company whose financial fraud enriched the businessman and his partner by more than 8 million euros
  • Subrogalia – and finally, the surrogacy agency (now known under the brand names Gestlife and Eurosurrogacy)

As you can see, the level of involvement in the problem of infertility and its overcoming is maximum. In between deleting unwanted information on the Internet, mortgage machinations and selling wedding accessories.

Why so many rebrandings? – potential clients dreaming of a child may ask. The answer is simple: all these companies have a long trail of accusations and lawsuits, ranging from the negligent performance of duties by the surrogacy agency Subrogalia to accusations of sexual harassment of a 17-year-old employee of Wave Music.

But this is not the most important thing that potential parents in need of surrogacy should know. The fact is that the owner of the surrogacy agency Gestlife is Jose Maria Gil Prados (who changed his name to Diego), convicted of abusing a 12-year-old boy and his sister. Later, the victim of the pervert, Didac Jimenez Sanchez, will become a co-owner and, in fact, a front man for a new version of the surrogacy agency Subrogalia in Spain – Gestlife, in Ukraine – Eurosurrogacy, as well as some other companies.

The surrogacy agency Gestlife talks about its clinic Intereco, without, of course, informing potential clients that before it there was the clinic Interfiv, which is under investigation for the same human trafficking, document falsification and illegal adoption.

Currently, the clinic Interfiv, originally created by Gil Prados and Sanchez, is not working: the sign has disappeared from the facade of the building, and in a Google search you can find information that the company is closed forever. Didac Sanchez and Jose Maria Gil Prados are distancing themselves from the agency Gestlife and the new clinic Intereco in every possible way, so that the trail of accusations of fraud and other unsightly stories that follows them does not scare off potential clients. The new owner of the surrogacy agency Gestlife clinic on December 31, 2017 is … the adopted son of Gil Prados, Alan Alexis Hill Prados. Financial flows remained in the family.

Meanwhile, a representative of the Russian branch of the Subrogalia surrogacy agency was sentenced to 4.5 years for human trafficking. Despite the fake clinic owners, the creator’s signature approach to business does not change. Old habits die hard, the series of crimes continues.

Gestlife also continues to deceive intended parents about the terms of its supposedly guaranteed programs. In 2020, an Italian woman, Irene, contacted the agency to become a mother through surrogacy services. After the war in Ukraine began, the agency offered the woman to pay for the surrogate mother to move to Georgia for a safer program, assuring that this step would not affect the legalization of the newborn or the cost of the contract. The assurances turned out to be another lie: the woman had to spend 14,000 euros over the cost of the program (80,000 euros) and hire her own team of lawyers (Gestlife’s lawyers must have been surprised by Georgia’s stricter laws on determining parental rights for children born under surrogacy programs). All this in order to be able to return to Italy with the child. 

Apparently anticipating such cases, Gestlife included in the contract ‘a special clause on confidentiality, respect and non-attack on the image of the client, the company and its employees’, violation of which will result in a fine of 14,000 euros. By going public with her story Irene violated this clause. Making the client guilty of incompetence and making them pay for it – that’s the guarantee from Gestlife.

The parade of lies continues with Gestlife’s claims of representation in all countries where they offer reproductive programs. Albania is particularly interesting in this respect: the direction is actively promoted by the company (the fact that the country has no reliable legal framework for surrogacy is traditionally kept silent). If potential parents need to discuss the course of their program in Albania, the caring agency Gestlife offers to address its office… which is not an office, but the Embassy of Ukraine in Tirana. Apparently, Signors Prados and Sanchez feel it necessary to share your family affairs and reproductive anamnesis with a diplomatic institution. 

And yes, neither José María Gil Prados nor Didac Jiménez Sánchez are reproductive doctors. 

Which means they have no idea what your reproductive prospects are, nor are they capable of selecting treatment tactics based on your reproductive history. All they do is earn their percentage by finding surrogate mothers and sending them to reproductive clinics that still co-operate with them. In other words, they make promises, and the obligation to fulfil them is assigned to third parties on the principle of ‘if it works out – great, if it doesn’t work out – next ones’. By the way, one of the key partners of Eurosurrogacy (the Ukrainian version of Subrogalia) – the reproductive clinic BioTex stopped co-operation after learning about the criminal past of the counterparty. Surprisingly, a check of the counterparty was not conducted before the start of active co-operation.

Thus, to fulfil your dream of having a child (if you are lucky, with someone else’s hands) is promised by a middleman convicted of sexual offences, without the slightest expertise in reproductive medicine, with clinics that continue the tradition of human trafficking established by Subrogalia, lying about the conditions of legalisation of children in Albania and his legal address in this country, deceiving and leaving many people without money and children.

Be careful. Check every word of the person to whom you want to entrust the birth of your child. The lust for profit, a sea of lies and heinous crimes are not what should accompany the birth of children to people who have already suffered from the unjust caprice of their nature.   

In addition to these cases, it is known that the BiotexCom clinic is accused of human trafficking. Because of this, the clinic’s management was changed, but the investigation continues. Another major clinic Feskov Human Reproduction Group was able to prove its innocence in participating in commercial surrogacy in the Czech Republic

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