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Lithium Energy sells Solaroz stake for US$63 million

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–News Direct–

Lithium Energy Ltd (ASX:LEL) executive chairman William Johnson sits down with Proactives Jonathan Jackson to discuss the sale of its 90% stake in the Solaroz Lithium Brine Project in Argentina for up to US$63 million (~A$97 million). The binding Share Sale Agreement was made with CNGR Netherlands New Energy Technology B.V., a subsidiary of CNGR Advanced Material Co Ltd. This transaction values Lithium Energy's shares at A$0.865 each, a 79% and 52% premium over its three-month and one-month VWAP, respectively. Johnson notes that this decision followed a strategic review and multiple offers, reflecting significant value creation since the companys IPO in May 2021, when shares were priced at $0.20. The sale aims to eliminate development and funding risks and boost the companys cash reserves, enabling future investments in battery minerals. The board is also considering a potential shareholder distribution following the sales completion. CNGR will pay a US$1.8 million deposit, with the remainder due as follows: US$53.7 million at completion, US$3 million held in escrow for two years, and US$4.5 million in deferred payments contingent on future lithium prices. The transaction includes selling Lithium Energy's shares in Solaroz S.A. and a loan assignment, with completion expected in the fourth quarter of 2024, pending shareholder and regulatory approvals. This sale is part of Lithium Energys broader strategy to realign its investment focus within the battery minerals sector, following the completion of the Solaroz sale and the proposed spin-out and IPO of Axon Graphite Limited.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/lithium-energy-sells-solaroz-stake-for-us-63-million-946377868

LITHIUM ENERGY LIMITED

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Hoang Cong Bus Company Prestigious transportation brand in Northern Vietnam

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Vietnam, 27th Dec 2024 – Hoang Cong Bus Company was officially established in the early 2000s, and has been operating vigorously for 20 years now and is growing stronger and stronger. In the beginning, Hoang Cong Company only had a few passenger cars serving intra-provincial routes.

Thanks to its continuous efforts, Hoang Cong Bus has now expanded its scale of operations, providing many passenger cars running in many provinces and cities nationwide.

Hoang Cong Bus Company is proud of its modern fleet of passenger cars, diverse in types, meeting the travel needs of all customer segments. The bus company has affirmed its position with more than 1,000 employees (drivers, bus assistants, call center operators) and many operating offices across the country. 

Hoang Cong Bus Company hopes to provide its passengers with a classy, ​​professional and reliable transportation service. Therefore, over the past 20 years, the bus company has always regularly updated the latest transportation trends to best meet the smallest needs of customers.

The company provides passenger and cargo transportation services on routes from Hanoi to Quang Ninh, Quang Ninh to Thanh Hoa, Quang Ninh to Lang Son and a number of other routes that are about to launch in the near future. In addition, the company also has car rental services on demand, cargo transportation services along the route to the provinces of Northern Vietnam.

Hoang Cong Bus Company has been and is owning a large number of customers who trust and prioritize using the bus company’s services across the country. Over the past 2 decades, we have always operated with the motto “Safety – Comfort – Punctuality”. Hoang Cong Bus Company has truly continuously improved and perfected its services to make passengers have a satisfying experience.

Contact Information of Hoang Cong Company

Branch 1 in Hanoi: No. 2, Lane 330 Nguyen Trai, Thanh Xuan Trung, Hanoi.

Branch 2 in Hanoi: No. 457 Tran Khat Chan, Thanh Nhan, Hai Ba Trung, Hanoi.

Head office in Quang Ninh: Hoang Cong Rest Stop, Bui Xa Area, Tan An Ward, Quang Yen Town.

Hotline: 19000 392; 0943 111 112; 0961 111 112; 0963 111 112.

Website: https://nhaxehoangcong.com

Fanpage: https://www.facebook.com/hoangcong19000392 

https://www.facebook.com/profile.php?id=100032982743441 

Mail: cuthong90@gmail.com

Google Maps: https://www.google.com/maps?cid=16316896532791102535

Head Office Zip Code: 207500

Media Contact

Organization: Hoang Cong Company

Contact Person: Support Team

Website: https://nhaxehoangcong.com/

Email: Send Email

Country: Vietnam

Release Id: 27122421975

The post Hoang Cong Bus Company Prestigious transportation brand in Northern Vietnam appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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AICryptoFund Launches New AI Predictive Model Platform to Enhance Financial Market Analysis Accuracy

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AICryptoFund has announced the launch of a new AI predictive model platform aimed at providing global investors with more accurate market analysis and investment decision support. The platform combines cutting-edge artificial intelligence technology and powerful big data analytics to offer users personalized investment advice and real-time market predictions. This innovation will provide investors with more efficient and intelligent decision-making tools, helping them make better investment decisions in complex market environments.

The AI predictive model platform by AICryptoFund integrates various machine learning and deep learning algorithms to process large amounts of market data and identify potential market trends. The platform analyzes not only traditional financial market data but also dynamic data from the cryptocurrency market. By automatically analyzing and deeply mining this data, the platform provides users with accurate market predictions, helping investors anticipate market changes and make more rational decisions.

Models submitted by data scientists and AI experts through the platform undergo rigorous testing before being applied to actual trading. All predictive models are back-tested with historical data and validated with real-time data to ensure accuracy and stability. The smart contracts of the platform automatically execute trades based on these predictions, avoiding delays and errors from manual operations. This not only improves trading efficiency but also provides investors with a transparent trading environment.

To enhance the quality and diversity of predictive models, AICryptoFund has adopted a crowdsourcing approach, inviting data scientists and technical experts worldwide to participate in model development. The platform encourages the submission of innovative predictive models, which are rigorously tested through a review mechanism. This mechanism not only enhances model innovation but also ensures effectiveness, continuously improving the predictive capabilities of the platform to adapt to changing market demands.

With the continuous development of AI and blockchain technologies, AICryptoFund will continue to optimize the AI predictive model platform, providing investors with more innovative investment tools. The platform will continuously improve the accuracy and execution efficiency of predictive models, helping global investors achieve better investment returns in complex markets. In the future, AICryptoFund will continue to drive financial technology innovation, assisting global investors in gaining a more advantageous position in the market.

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GasLink Nexus Sets a New Standard in Data Protection: Ensuring Security and Privacy

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As digital transformation accelerates, data security and privacy have become global concerns. This is especially true in the energy sector, where a vast amount of critical business data and user privacy are involved. Ensuring the security and trustworthiness of this data is of paramount importance. GasLink Nexus sets a benchmark for data protection in the natural gas industry through a series of advanced technologies and mechanisms.

Multi-Layered Protection Ensures Data Security

GasLink Nexus utilizes top-tier data encryption technologies, including SSL and SSH protocols, to ensure the security of data during transmission and storage. Every transaction and operation record is encrypted and stored, with access granted only to authorized users. This high level of encryption not only prevents data tampering or leakage but also provides users with a trustworthy trading environment.

Furthermore, the platform introduces stringent identity verification and access control mechanisms. For example, users are required to undergo two-factor authentication (2FA) when logging in or performing critical operations, and access is granted based on permission levels to ensure that only authorized individuals can access specific data. This design significantly reduces the risk of unauthorized access and enhances the overall security of the platform.

Log Auditing and Monitoring Mechanisms

To counter potential security threats, GasLink Nexus has established a comprehensive log auditing and monitoring system. All operations and access behaviors are recorded in real time, and the platform uses intelligent algorithms to analyze and issue alerts for any abnormal activity. If the system detects access attempts from unauthorized IP addresses, it triggers an alert and automatically takes defensive measures. This proactive security management provides users with higher levels of protection.

GasLink Nexus also conducts regular security audits and vulnerability scans to ensure the system remains in optimal security condition. With continually optimized monitoring and protection strategies, the platform can quickly recover and maintain service stability when facing complex threats such as Distributed Denial of Service (DDoS) attacks.

GasLink Nexus Sets a New Benchmark for Data Protection

With its advanced data protection mechanisms, GasLink Nexus successfully provides users with a secure and comprehensive privacy-protected trading platform. From encryption technology and identity verification to log auditing and real-time monitoring, the platform addresses a wide range of security challenges with multi-layered protection measures. GasLink Nexus will continue to explore and implement more advanced technologies to set higher standards for data security and privacy protection in the natural gas industry, offering reliable digital solutions for global users.

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