Author: News Direct

–News Direct–

Dubai, UAE, June 26, 2023 (500NewsWire) Clinq.Gold, a company that offers a 100% gold-backed stablecoin $CGT, will take part at the European Crypto Conference BLOCKCHANCE 23 on June 28-30. They will introduce their project and game allowing for winning physical gold, to Web3 and crypto enthusiasts.

About BLOCKCHANCE 23

BLOCKCHANCE 23 will take place in Congress Center, Hamburg on June 28-30. 300+ leading experts in blockchain and prominent crypto entrepreneurs will cover such topics as the future of Web3 and digital assets, metaverse prospects, as well as up-to-date tech solutions for the crypto industry. The event will host 7,500+ speakers and 150+ exhibitors in total.

Clinq.Golds agenda at the conference

Being a sponsor of the event, Clinq.Gold will welcome all comers at Booth G20 located in Congress Center, Hamburg, and offer to take part in the activities mentioned below.

Besides, the CEO and Founder of the project, Nick Patel, will give his speeches on Forest and Terra Stages on June 28:

12:45 13:00 CET Keynote Speech STABLECOINS WITH ASSET-BACKED GOLD

17:15 18:00 CET Panel Discussion THE BITCOIN VS. GOLD DEBATE

All the participants will have a chance to ask questions to Nick, who founded Bank of Bullion and has 25 years of experience in Global Financial Markets. Nick has worked in 20+ countries to finance IPO's and Start Ups. He has extensive knowledge of working within all aspects of the financial sector, with specialisation in trading gold and other precious metals.

What activities to expect from Clinq.Gold?

• Catching Clinqer to win $CGT

Clinqer is Clinq.Gold's newly launched game, based on the concept of a treasure hunt. Players can earn $CGT tokens by catching Clinqer. If they win, they collect all $CGT that Clinqer is carrying. After winning, players can change the location and keep playing for more rewards.

At the conference Clinq.Gold will offer a unique opportunity to exchange $CGT tokens for physical gold (the tokens can usually be exchanged for a stablecoin or fiat only).

• Physical Gold Giveaway

The Clinq.Gold team will give away 15 bullions of physical gold.

How to win?

1. Follow Clinq.Gold socials (mentioned below).

2. Share a pic with Clinq.Gold booth tagging Clinq.Gold and using the #goldstablecoin hashtag.

3. Register on Clinq.Gold website and provide your ID in the stand form.

The results will be announced on June 30 at 12:00 CET at the booth.

Later on, gold can be exchanged for a stablecoin and traded on CEX.

How to participate in BLOCKCHANCE 23 and win gold from Clinq.Gold?

All visitors of BLOCKCHANCE 23 will have a chance to join Clinq.Gold and take part in the activities offered. Tickets to the conference are already on sale on the official website.

Apart from that, Clinq.Gold offers an opportunity to win 10 networking and 10 virtual tickets.

What is the difference between the tickets and how to win one?

Networking tickets allow the participants to visit exhibitions and the AI.SUMMIT event, as well as provide access to the conference & event app, most side events, Networking night & Afterglow party.

Virtual tickets give attendees an opportunity to participate in live streams of the conference and virtual exhibition, with networking tables and virtual meetups being included.

To win a ticket a person should be part of BLOCKCHAIN 23 and Clinq.Golds communities on the corresponding socials. The giveaways with all the details are to be announced there.

About Clinq.Gold

Clinq.Gold provides a disruptive solution to the inflationary financial system. By offering a 100% gold-backed stablecoin $CGT, Clinq.Gold challenges existing stablecoin operators with a transparent, reliable and trustworthy option.

Clinq.Gold has Bank of Bullion as a procurement partner. Incorporated in 2016, it is one of the major suppliers of gold in the UAE and international markets.

The initial and main market for now is the African continent. Clinq.Gold aims to provide African countries with independence from the US dollar, faster and efficient payments for import / export markets, as well as eliminate inflation and deflation of the fiat currency.

Take a deep dive into Clinq.Gold:

Twitter: https://twitter.com/ClinqGold

Telegram: https://t.me/ClinqCoinGold

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

Contact Details

Clinq.Gold

contact@clinq.gold

Company Website

https://clinq.gold/

View source version on newsdirect.com: https://newsdirect.com/news/clinq-gold-heads-to-blockchance-23-conference-to-introduce-their-new-gold-winning-game-382862555

500NewsWire

COMTEX_436002672/2655/2023-06-26T09:13:05

–News Direct–

The founders of Tribe WOD, a prominent cross-training and fitness equipment manufacturer, have filed a lawsuit against brand aggregators Factory 14 and Razor Group, citing deceit, fraud, breach of contract, unfair and deceptive trade practices, and unjust enrichment, among other offenses.

The lawsuit, filed in Massachusetts Superior Court, alleges that the defendants, Factory 14 and Razor Group, failed to fulfill promises made during the acquisition of Tribe WOD. Alleged breaches of the agreement include failure to make earn-out payments as well as failing to provide access to business records all outlined in the acquisition contract.

Originating from a humble Massachusetts garage, Tribe WOD founders Alexandre Vitet and Jared Bane built their company into a $2.5 million enterprise before selling it to Factory 14, which later resold it to Razor Group. Despite promises of global expansion, enhanced marketing, access to industry experts, and potential earn-out payments, the plaintiffs argue that the defendants neglected their commitments, substantially harming the company and disregarding U.S. laws and business practices.

Tribe WOD, which launched in 2019, swiftly grew to over $2.5 million in sales in just a few months, establishing strong sales channels via Amazon, Shopify, and various online platforms. This success attracted several potential buyers, with Factory 14 standing out due to its promise of multiple payments tied to Tribe WOD's annual earnings through earn-outs.

The lawsuit contends that shortly after the acquisition, Factory 14 sold the assets of Tribe WOD to Razor Group, bypassing an anti-assignment provision in the original agreement. It is alleged that Factory 14 knowingly withheld information regarding this potential transaction from the plaintiffs. According to the lawsuit, Vitet and Bane had doubled revenue year-over-year and had expected to, at a minimum, match that. The lawsuit states that based on the promises made during the courtship and due diligence phase, there were immediate red flags after signing the acquisition agreement, and the situation quickly spiraled downward.

Moreover, the complaint asserts that both Factory 14 and Razor Group systematically dismantled Tribe WOD, dismissing in-house creative content specialists and neglecting basic operational necessities. According to the lawsuit, Factory 14 and Razor Group failed to comply with federal and state tax, wage, and import laws and otherwise mismanaged the business financially. The lawsuit also states that the defendants had no U.S. bank account or credit card and were unable to obtain either and thus were unable to pay any of the companys bills. The lawsuit alleges that the failure to pay basic bills led to lost revenue and the ability to serve existing customers or expand to new markets.

The plaintiffs claim that their consulting agreements were prematurely terminated and allege that income from Tribe WOD was siphoned off to other businesses. The lawsuit alleges that Factory 14 and Razor Group essentially turned a thriving brand built by the founders with a rabid customer following into an Amazon seller with no identity, and loaded with unnecessary fees.

The lawsuit seeks compensatory and multiple damages and injunctive relief, compelling the defendants to provide accurate and complete financial data.

Interestingly, Razor Group faces a similar lawsuit in Texas, as it is being sued by the founders of Kettlebell Kings in a case with similar allegations. On its website, Razor Group states that it is trusted by leading investors Blackrock, Victory Park Capital, and Fortress among others.

The Tribe WOD lawsuit was filed in Massachusetts Superior Court by Garage Sweat, LLC f/k/a Tribe Wod, LLC, Jared Bane, and Alexandre Vitet against Factory 14 UK Acquisition IV, Ltd., Razor Group GMBH, and Razor Group USA, LLC. This case has been accepted into and will be litigated in the Business Litigation Session, a business-focused sub-department of the Massachusetts Superior Court sited in Boston, Suffolk County, Massachusetts.

The lawsuit can be downloaded here and at LawsuitPressRelease.com.

-end-

Source: Garage Sweat, LLC f/k/a Tribe WOD, LLC

Contact Details

LawsuitPressRelease.com

John P. David

+1 888-859-6637

john@LawsuitPressRelease.com

View source version on newsdirect.com: https://newsdirect.com/news/tribe-wod-founders-sue-factory-14-and-razor-group-alleging-fraud-and-breach-of-contract-126920211

Tribe WOD

COMTEX_436007511/2655/2023-06-26T11:01:31

–News Direct–

Metal Energy Corp CEO James Sykes joined Proactive's Steve Darling to share news the company has added to its portfolio with the acquisition of a lithium project in Northwestern Ontario called SourceRock.

The project aligns with Metal Energy's focus on exploring materials for electric vehicles. Sykes told Proactive this project is prospective for lithium and quite large covering 913 square kilometres. The project has numerous geological reasons supporting the high potential for lithium brines within the Sibley sedimentary basin of the Thunder Bay-Nipigon area. The land package also has some comparisons with Chile's Salar de Atacama.

SourceRock covers the deepest parts of the basin with sedimentary thickness ranging from 500 m to 1,000 m, enhancing lithium brine prospectivity. Sykes also told Proactive the company has exploration permits issued for preliminary target area of the original project and some proof of concept drilling is expected later this year.

Contact Details

Proactive Canada

+1 604-688-8158

na-editorial@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/metal-energy-adds-new-project-as-company-set-to-begin-hunt-for-lithium-at-sourcerock-478783380

Metal Energy Corp.

COMTEX_436022700/2655/2023-06-26T16:56:18

–News Direct–

Erdene Resource Development CEO Peter Akerley joins Natalie Stoberman from the Proactive studios to share highlights from the company's 2023 Letter to Shareholders.

Akerley says the letter highlights recent milestones from entering a strategic alliance to bring the Bayan Khundii gold project to production, while continuing to see exploration success in its Khundii Minerals District in southwestern Mongolia.

Akerley also says the company is focused on its long-term vision of unlocking a high-grade mining district in Mongolia while also developing near-term catalysts including drill results, feasibility updates, and the start of construction in 2024.

Contact Details

Proactive Investors

+1 604-688-8158

na-editorial@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/erdene-resource-development-ceo-shares-key-takeaways-from-shareholder-letter-304911215

Erdene Resource Development Corp

COMTEX_436020865/2655/2023-06-26T15:50:36

–News Direct–

Immunic Therapeutics Chief Scientific Officer Hella Kohlhof joins Natalie Stoberman from the Proactive newsroom to share the recently released mode of action, molecular target, preclinical data for its IMU-856 asset that targets restoration of intestinal barrier function and bowel wall architecture.

Immunic is a biotechnology company developing a clinical pipeline of orally administered, small molecule therapies for chronic inflammatory and autoimmune diseases. The company's lead development program, vidofludimus calcium (IMU-838), currently in phase 3 clinical trials for the treatment of multiple sclerosis, has shown therapeutic activity in phase 2 clinical trials in patients suffering from relapsing-remitting multiple sclerosis and moderate-to-severe ulcerative colitis.

IMU-856 is targeted to restore intestinal barrier function and regenerate bowel epithelium, which would be applicable in numerous gastrointestinal diseases, such as celiac disease, where it is currently in preparations for a phase 2 clinical trial.

Contact Details

Proactive United States

+1 347-449-0879

action@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/immunic-therapeutics-shares-imu-856-mode-of-action-and-target-for-gastrointestinal-diseases-772546470

Immunic Inc

COMTEX_436020705/2655/2023-06-26T15:44:28

–News Direct–

A video accompanying this announcement is available at: https://youtu.be/cyDh_POE9fg

Media tour conducted by The U.S. Chamber of Commerce to discuss the LIBERTY Campaign (Legal Immigration and Border Enforcement Reform This Year) to secure our borders and fix our nations broken immigration system.

There might as well be a giant Help Wanted! sign over the United States. The economy has bounced back from the pandemic lows, but companies have been struggling to meet their workforce needs to keep up with the surge in demand for everything from household products to cars. At the same time, the crisis level situation on our southern border is not abating, as the U.S. Border Patrol has seen 133,000 more border crossings through April of this fiscal year than during the same period of time in last years record-shattering totals.

The U.S. currently has approximately 10.1 million job openings, while there are 6 million people unemployed and looking for work. The worker shortfall has also emerged as a key factor driving persistent inflation and higher interest rates. Securing our borders and modernizing our immigration system can help us confront these challenges.

Many people wonder given the seriousness of these issues and the polarization in Congress if any real progress can be achieved on border security and immigration reform? The U.S. Chamber of Commerce believes not only that it can be done, but that it must be done. The immigration challenges we face today didnt arrive at our doorstep overnight; theyve been around for decades and have only grown in size and severity due to many years of congressional inaction.

The U.S. Chamber of Commerce is leading the LIBERTY Campaign (Legal Immigration and Border Enforcement Reform This Year) with over 430 national, state, and local business associations. The campaign launched with a letter calling upon Congress to address the crisis at our border and the critical workforce shortage before the years end.

Many experts believe that expanding legal immigration to the U.S. would help spawn economic output by driving much needed labor force growth at a time when Americas population growth is stagnating.

A nationwide media tour was conducted on June 20^th featuring Neil Bradley from the U.S. Chamber of Commerce, discussing why Congress cannot afford to wait any longer to secure our borders and modernize our broken immigration system.

Topics that Neil Bradley from the U.S. Chamber of Commerce discussed included:

• How serious our border and legal immigration problems are.
• What the consequences will be if Congress foregoes fixing the problems on our borders and within our legal immigration system.
• How a modern, pro-growth immigration system will help address the chronic workforce issues plaguing many American employers today and other economic problems were suffering from.
• Why the Chamber launched the LIBERTY Campaign with over 430 other associations.

Contact Details

YourUpdateTV

+1 212-736-2727

yourupdatetv@gmail.com

View source version on newsdirect.com: https://newsdirect.com/news/american-businesses-want-secure-borders-and-a-modernized-immigration-system-to-help-address-worker-shortages-503419914

YourUpdateTV

COMTEX_436019062/2655/2023-06-26T15:00:27

–News Direct–

This weekend, City University of Seattle marked its 50th anniversary with a commencement speech from Seattle Mayor and school alumnus Bruce Harrell, who earned a Master of Arts degree in Organizational Leadership in 1994. The commencement theme expanding college access to a wider base of students was based on the universitys mission to give non-traditional students a pathway to college.

"The Northwest has millions of people with some training or college credit and no degree," said Randy C. Frisch, CityU President. "CityU helps students complete a degree or acquire new training certificates, with innovative and flexible programs, tailored to provide our students with direct pathways into cutting-edge, lucrative careers."

CityU partners with employers like Amazon and Boeing to help employees complete degrees and get accreditations to help them advance in their careers. CityU students can pursue training and degrees, with career pathways into many local, national and international partner companies.

For 50 years, CityU has helped working adults and non-traditional college students reach their full potential and take advantage of the many exciting professional opportunities Seattle has to offer, said Mayor Bruce Harrell, City of Seattle. With their flexible, career-relevant programs, global partnerships, and passionate faculty, CityU prepared me to be a bold leader with the knowledge, skills, and attitude to positively impact the Seattle community. Im excited to celebrate the accomplishments of the CityU Class of 2023 and see how they flourish in their future careers.

The university has made a lasting impact on Seattle and beyond. Graduates include Mayor Bruce Harrell; Connie Thompson, KOMO TV; Monique Jeanne Morrow, World Economic Forum (former); John Batiste, Chief of the Washington State Patrol; Tonita Webb, president and CEO of Verity Credit Union; and many others.

You already know a CityU graduate but may not realize it, said Frisch. At our 50th commencement we are celebrating the CityU graduates who have earned their degrees and are working to achieve incredible accomplishments in their work, in their community, and in their lives.

About City University of Seattle:

City University of Seattle has been relentlessly reimagining higher education in the Pacific Northwest and around the world since 1973. CityU is a private, nonprofit university dedicated to serving working adults and transfer students. The university is recognized as a Top 10 educator of adults nationwide and is ranked as a Best Online Bachelors Program 2022 and as a Best Online Bachelors Program for Veterans 2022 by U.S. News & World Report. Accredited by the Northwest Commission on Colleges and Universities through the doctoral level, CityU offers more than 65 online, onsite and performance-based programs. CityU is headquartered in downtown Seattle, Washington, and has multiple sites throughout Western Washington, Canada and abroad. For more information, visit https://www.CityU.edu.

Contact Details

Forrest Carman

+1 206-859-3118

forrestc@owenmedia.com

Company Website

https://www.cityu.edu/50th/

View source version on newsdirect.com: https://newsdirect.com/news/city-university-of-seattle-celebrates-50th-anniversary-seattle-mayor-and-alumnus-bruce-harrell-is-commencement-speaker-847112069

CityU

COMTEX_436015329/2655/2023-06-26T13:59:04

–News Direct–

QYOU Media Inc. (TSXV:QYOU OTCQB:QYOUF) a company operating in India and the United States producing and distributing content created by social media stars and digital content creators, has announced that Indian digital leader and strategist, Raj Mishra, has been added as a Nominee to join the Board of Directors of QYOU Media at the companys shareholder meeting slated for July 17th, 2023.

Contact Details

Doug Barker

+1 437-992-4814

shareholder@qyoutv.com

Company Website

https://www.qyoumedia.com

View original content to download multimedia: https://newsdirect.com/news/qyou-media-nominates-india-digital-leader-raj-mishra-to-its-board-of-directors-744987990

QYOU Media

COMTEX_436014778/2655/2023-06-26T13:48:50

–News Direct–

Brightstar Resources Ltd (ASX:BTR) managing director Alex Rovira joins Proactives Elisha Newell after the company established a 1-million-ounce gold inventory over its Laverton and Menzies gold projects in WA. More than 11,000 metres of infill and extensional drilling fed into a resource update for the Cork Tree Well property, increasing contained gold by 20% to just over 300,000 ounces. Theres no sign of slowing down; Rovira says a production restart at Menzies, further drilling and an imminent scoping study will generate plenty of news in coming months.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/brightstar-resources-celebrates-growing-gold-inventory-at-menzies-and-laverton-822198439

Brightstar Resources Ltd

COMTEX_436010685/2655/2023-06-26T12:29:45

–News Direct–

TRON DAO is pleased to announce that Arkham, the leading blockchain intelligence platform, has launched support for the TRON blockchain.

Arkham deanonymize blockchains by showing users the people and companies behind cryptocurrency transactions. Arkhams support for the TRON blockchain will enable traders and researchers to track the entities on TRON using Arkhams AI-powered analytics engine.

TRON is the worlds leading blockchain by number of daily active addresses. It averages over 2 million daily this month, which surpasses both Ethereum and Bitcoin. It is the 2nd largest blockchain by total value locked. The TRON-Arkham partnership thus represents a major step forward in Arkhams coverage of global blockchain activity.

This partnership aligns perfectly with our values, offering our millions of users the ability to dive deeper into the blockchain than ever before, says a spokesperson of TRON DAO. Arkham's cutting-edge analytics engine will bring a new level of understanding to the TRON blockchain, allowing traders and researchers to map out the entities within our network. Together with Arkham, we aim to revolutionize the way people view and interact with the blockchain.

Miguel Morel, Founder and CEO of Arkham, also added, Were delighted to have TRON as a partner, as we launch support for their blockchain on Arkham. Theyve achieved a significance which few other blockchains have, particularly in the Asian market, where Arkham is deeply committed to growing our presence.

About TRON DAO

TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of June 2023, it has over 168.8 million total user accounts on the blockchain, more than 5.97 billion total transactions, and over $12.49 billion in total value locked (TVL), as reported on TRONSCAN.

In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the governments endorsement to issue Dominica Coin (DMC), a blockchain-based fan token to help promote Dominicas global fanfare, seven existing TRON-based tokens – TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.

TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum

About Arkham

Arkham is deanonymizing the blockchain. With backing from the founders of Palantir and OpenAI, Arkham is building a crypto intelligence platform that shows users the people and companies behind blockchain activity and addresses, along with advanced data and analytics about their behavior. To deanonymize blockchain users and match them to identities, Arkham uses Ultra, a proprietary AI-powered address matching engine. For more information, visit

Contact Details

Hayward Wong

press@tron.network

Company Website

https://arkhamintelligence.com

View source version on newsdirect.com: https://newsdirect.com/news/arkham-partners-with-tron-launches-support-for-tron-blockchain-511990127

Chainwire

COMTEX_436009492/2655/2023-06-26T12:18:25