Figure 1

Location of Pribrezhniy and other deposit areas of interest. P1 = Pribrezhniy; P2 = Prikounradsky; S1 = South Kounrad, NE1 & NE2 = Pribrezhniy Northeast & Northwest. Shabigon is an exclave located 120km west of the main area.

Figure 2

Geology of Pribrezhniy showing north and south mineralized zones either side of a barren core of monzogranite. Holes highlighted in blue are for geotechnical sampling to support starter open pits, 2023 series holes are shown in red. IG developed oxide ore zone subtypes shown in insets: blanket oxide = BOX (red) and supergene subtypes = SUPER (blue) are shown for each zone.

Figure 3: Mineralised core intercepts from drillhole P98, Eastern Zone

a) Oxide.78.8m depth. Hematite-goethite-jarosite weathering with malachite.40.0m @ 0.39% Cu

Figure 3: Mineralised core intercepts from drillhole P98, Eastern Zone

b) Sulphide. 199.8m depth. Quartz-chalcopyrite-molybdenite veinlet dissemination with sericite alteration.18.0m @ 0.64% Cu

Figure 4: Examples of mineralised veinsets from Eastern Zone

a)P105, 207m depth. B-type quartz-pyrite-chalcopyrite-molybdenite vein in monzodiorite

Figure 4: Examples of mineralised veinsets from Eastern Zone

b) P106, 168m depth. Quartz-chalcopyrite D-type with sericite selvage cutting rejuvenated A-veins with K-feldspar in granodiorite

Image 1

Copper oxide mineralization in weathered granite

Image 2

Drilling at Central Zone, Pribrezhniy

APPENDIX A

SELECTED DRILL RESULTS FROM FINAL HOLES OF RTX’S 2023 DRILLING CAMPAIGN

CHARLESTOWN, Nevis, May 01, 2024 (GLOBE NEWSWIRE) — IG ASIA LLC (“IG Asia” or the “Company”), a private Nevis based company, is pleased to announce it has entered into a conditional agreement with Rio Tinto International Holdings Limited (the “Vendor”) to acquire its 75% ownership interest in the Pribrezhniy porphyry copper deposit (>1Mt contained copper) and five additional underexplored prospect areas located in the most prolific porphyry belt in the Republic of Kazakhstan (the “Project”, Figure 1) (the “Transaction”). On completion of the Transaction, IG Asia will acquire 75% of the Project which has a scoping level engineering analysis performed by Rio Tinto Exploration Kazakhstan.   The remaining 25% of the joint venture is owned by KazGeology, a Kazakhstan state geological resources entity. Ongoing exploration work has demonstrated significant potential for expansion and further discovery.

TRANSACTION HIGHLIGHTS

• Transaction supports IG Asia’s path toward becoming a leading regional copper explorer and developer
  • This asset is a flagship project for IG Asia alongside its TN5 project in Mongolia. TN5 is located between world class Oyu Tolgoi and Kharmagtai deposits of Rio Tinto and Xanadu Mines where the target is a large Tier 1 copper-gold-molybdenum porphyry.
  • The Company is proposing technical work at Pribrezhniy with the objective of further increasing upside in the project through a combination of increased mineral inventory and optimized processing.

• Pribrezhniy is ideally located within an established mining district
  • The Project is located in the most prolific porphyry belt in the Republic of Kazakhstan containing several commercial discoveries such as the Aktogay (2.2Bt @ 0.37% Cu), Taysogan, Sayak and Kounrad deposits.
  • Located at the eastern end of the Kounrad group of copper deposits it boasts excellent mining infrastructure with access to power, water, a dual line railway and smelter in the district.
  • The Project license area covers 832km² of exploration ground with the exploration stage of the license being valid until February 2029 to produce a feasibility study on Pribrezhniy and advance two additional prospects within the license.

• Transaction terms are focused squarely on the path to project and mine development
  • Upon completion of the Transaction, the Company shall pay the Vendor USD 2.23M primarily for reimbursement of exploration work performed in 2023.
  • Additional expenditures of USD 11M to reach a prefeasibility level project by 2029.
  • An additional one-time payment of USD 20M and a NSR royalty are due to the Vendor upon reaching certain nameplate production milestones.

Richard Leveille, former VP Exploration for Freeport McMoran and Director and Chief Copper Consultant for IG Asia commented, ” The Pribrezhniy acquisition represents a unique opportunity for IG Asia to leapfrog from a greenfields explorer to having a scoping-level project near excellent infrastructure in a favorable mining-friendly jurisdiction.

Thomas E. Bowens, founder and Executive Director of IG Asia states, “The acquisition of the Pribrezhniy deposit is a major development for IG Global and our IG Asia subsidiary. In just over two years our team has advanced IG Asia from a green fields exploration company to a multi tiered exploration and development company. The Pribrezhniy acquisition provides IGA with an advanced copper molybdenum porphyry deposit that has undergone a successful scoping study indicating robust economics. This acquisition provides a major step forward for the company and adds substantial value to our current portfolio of copper, gold and lithium brine projects underway in Kazakhstan and Mongolia.   I am very proud of our outstanding IG Asia team. IG Asia is well underway to becoming a major force in the mineral exploration and mining industry in Central Asia.”

Figure 1: Location of Pribrezhniy and other deposit areas of interest. P1 = Pribrezhniy; P2 = Prikounradsky; S1 = South Kounrad, NE1 & NE2 = Pribrezhniy Northeast & Northwest. Shabigon is an exclave located 120km west of the main area.

GEOLOGY

Pribrezhniy represents the eastward end of the Kounrad group of copper deposits. The geology comprises typical A, B and D veins in a porphyry system encompassing breccia zones and alteration hosted by monzogranite, monzogranite porphyry and tonalite (Figure 2). Copper mineralization is associated with a late monzonite porphyry phase, but mineralization is also found in an earlier phase of monzogranite that forms a wide arc (Northern, Southern and Eastern Zones).

An additional intrusive phase of monzogranite was assumed to form a barren core. However, at the end of the final evaluation drilling campaign (over 50,000m of diamond drilling was carried out by Rio Tinto Exploration Kazakhstan between 2018-2023), significant intercepts of mineralised breccia were encountered in the previously untested central ‘barren’ monzogranite in the last few diamond drill holes, including (refer to Table 1 and Appendix A herein):

Table 1: Summary of selected significant intercepts over down-the-hole thicknesses at campaign end.

Figure 2: Geology of Pribrezhniy showing north and south mineralized zones either side of a barren core of monzogranite. Holes highlighted in blue are for geotechnical sampling to support starter open pits, 2023 series holes are shown in red. IG developed oxide ore zone subtypes shown in insets: blanket oxide = BOX (red) and supergene subtypes = SUPER (blue) are shown for each zone.

Figure 3: Mineralised core intercepts from drillhole P98, Eastern Zone

a) Oxide.78.8m depth. Hematite-goethite-jarosite weathering with malachite. 40.0m @ 0.39% Cu

b) Sulphide. 199.8m depth. Quartz-chalcopyrite-molybdenite veinlet dissemination with sericite alteration. 18.0m @ 0.64% Cu

Figure 4: Examples of mineralised veinsets from Eastern Zone

a) P105, 207m depth. B-type quartz-pyrite-chalcopyrite-molybdenite vein in monzodiorite

b) P106, 168m depth. Quartz-chalcopyrite D-type with sericite selvage cutting rejuvenated A-veins with K-feldspar in granodiorite

Robust metallurgical, hydrogeological, geotechnical and environmental studies were carried out between 2018-2020 to advance a scoping level study including an estimate of mineral inventory:

Table 2: Global Geology mineral inventory after 2021-2022

* Cu equivalent is calculated on a price deck of USD9,000/t for copper and USD44,000/t for molybdenum according to the formula: Cu eq. grade = [(Cu price x Cu grade + Mo price x Mo grade)/Cu price x Cu grade] x Cu grade

Prices are based on rounding down the LME daily metal price for 10 April 2024 to Cu = USD4.2/lb and Mo = USD20/lb

Image 1: Copper oxide mineralization in weathered granite

ECONOMICS

IG Asia performed its own optimization and NSR studies to produce a high-level financial analysis based on the following mineral inventory for a stand-alone heap leach operation recovering from oxide and a combined oxide + hypogene operation where cash flow is generated from oxide during construction of the sulphide concentrator. Both bottom-lines for each scenario were positive with profitability indices >1. Silver, in addition, is present in sufficient quantities in the copper concentrate (up to 70ppm in Cu scavenger circuits) to be a credit in a smelter contract and the Company will look to include it in future resource estimates.

Table 3: In-Pit Mineralisation (satisficer shells) 2023

Given the very favourable economic conditions, enhanced by excellent mining infrastructure (access to power, water, dual line railway and smelter in the district), IG embarked on producing a preliminary 3D model of oxide ore subtypes based on extracting acid leachable copper and cyanide leachable copper phase analyses from the Vendor’s comprehensive database:

• AsCu >65% = BOX (will heap leach)
• AsCu 50-64% = OTHER (may heap leach if blended)
• CNCu >35% = SUPER (will heap leach)

To yield an estimation of heap leachable oxide resources. Volumes and tonnages for each mineral category are quoted at 0.1% Cu cut-off grade:

Table 4: IG in-house preliminary estimates of oxide ore subtypes based on drill data up to November 2023.

The estimates represent an order of magnitude assessment, given wide data spacing and lack of rigorous application of mining modifying factors but can be used as an optimistic scenario for an 8–10-year SX/EW operation fed from within the Prebrezhniy deposit area alone.

NEXT STEPS

IG Asia will use the expenditure commitment of USD 9M to February 2029 to carry out the following strategy:

• Oxide Only Project
  • Fully outline and define resources, particularly supergene, eastern extensions and centre within the Pribrezhniy deposit and investigate oxide copper concentrations at the other prospects within the license.
  • Perform heap leach specific testwork on representative ore subtypes.
• Combined Sulphide Project
  • Fully outline newly discovered high-grade breccia from surface –with an aim to define the full extent of the higher-grade breccia ‘sweetener’.
  • Improve sulphide resource definition.
  • Increase level of accuracy in project metrics including water management plan to benefit local users where water is a scarce resource.

• Definition Phase Studies
  Three main study areas to complete are:
  • Comprehensive ESIA including upgraded 3D hydrogeological model integrated with a water management plan.
  • Preliminary oxide Mine Development Project Plan on SXEW operation over 8 yr LoM.
  • Combined oxide + sulphide Pre-Feasibility Study at +/- 30% level of accuracy.

Image 2: Drilling at Central Zone, Pribrezhniy

Qualified Person, Technical Information 

Steve McRobbie, MAusIMM. Vice President Projects of IG Asia LLC, has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration to qualify as a Competent Person as defined in the 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves, and has prepared, validated and approved the technical and scientific content of this news release.

About IG Asia

IG Asia is focused on world class opportunities in the mineral-rich countries of Kazakhstan and Mongolia. On the heels of IG Global Group’s successful exploration and discoveries at IG Copper and IG Tintic, founder Thomas E. Bowens formed IG Asia recognizing the vast mineral discovery potential of Kazakhstan and Mongolia, and the opportunity presented by the modernization of their attractive foreign investment frameworks.  IGG’s exceptional technical team and regional experience is its strategic advantage. For more information: www.igasia.com

About IG Global Group LLC

IGG is a private international holding company focused on the exploration and development of world class mineral deposits. The Company’s activities include mineral exploration, mining operations and mining services. Founded in 2010 by Thomas E. Bowens, a Certified Professional Geologist, with degrees in Economics, Geological Engineering (Magna Cum Laude) and a master’s degree in Geology (the latter two from the Colorado School of Mines).  IGG brings together experienced professionals who are innovators in their fields with selected technical consultants who are well-versed in the latest industry exploration and mine development techniques and technologies. For more information igglobalgroup.com.

APPENDIX A

SELECTED DRILL RESULTS FROM FINAL HOLES OF RTX’S 2023 DRILLING CAMPAIGN (Refer Figure 2 for location on the deposit)

Photos accompanying this announcement are available at

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GlobeNewswire Distribution ID 9109617

The post IG ASIA Acquires Majority Interest in the Pribrezhniy Porphyry Copper Deposit in the Republic of Kazakhstan appeared first on Lebanon News Gazette.

WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Global Cord Blood Corporation (NYSE: CO) (OTC: CORBF) between June 4, 2019 and May 3, 2022, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 24, 2024.

SO WHAT: If you purchased Global Cord securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Global Cord class action, go to https://rosenlegal.com/submit-form/?case_id=20009 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 24, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Global Cord employed a capital allocation strategy designed to reserve funds for Global Cord insiders and related parties rather than for the benefit of Global Cord shareholders; (2) Global Cord’s decisions to reject multiple going private offers and enter into the Transaction, an agreement to acquire Cellenkos Inc. for over $1 billion (including in Global Cord shares) were nothing more than self-serving and conflicted attempts by defendants to divert company funds to corporate insiders and related parties; (3) defendants had fundamentally misrepresented to investors Global Cord’s approach to capital allocation, strategic investments, acquisitions, and related party transactions as a result of the misappropriation by defendant Yuen Kam and his entities of hundreds of millions of dollars from the Company; and (4) as a result, Global Cord’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Global Cord class action, go to https://rosenlegal.com/submit-form/?case_id=20009 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9109410

The post ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Global Cord Blood Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – CO, CORBF appeared first on Lebanon News Gazette.

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Luna Innovations Incorporated (NASDAQ: LUNA) between August 11, 2023 and March 25, 2024, both dates inclusive (the “Class Period”), of the important May 31, 2024 lead plaintiff deadline in the securities class action first filed by the Firm.

SO WHAT: If you purchased Luna Innovations securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Luna Innovations class action, go to https://rosenlegal.com/submit-form/?case_id=23678 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 31, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Luna Innovations’ financial statements from August 10, 2023 to the present included false figures as a result of improper revenue recognition; (2) as a result, Luna Innovations would need to restate its previously filed financial statements from August 10, 2023 to November 14, 2023; (3) Luna Innovations lacked adequate internal controls; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Luna Innovations class action, go to https://rosenlegal.com/submit-form/?case_id=23678 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————–

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40^th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9109393

The post ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Luna Innovations Incorporated Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – LUNA appeared first on Lebanon News Gazette.

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Innoviz Technologies Ltd. (NASDAQ: INVZ, INVZW) between April 21, 2021 and February 28, 2023, both dates inclusive (the “Class Period”), of the important May 14, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Innoviz securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Innoviz class action, go to https://rosenlegal.com/submit-form/?case_id=23435 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 14, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Innoviz had overstated the benefits that Innoviz was likely to derive from its purported contracts, partnerships, and/or collaborations with automotive companies; (2) as a result, Innoviz was unlikely to achieve the level of profitability that defendants had represented to investors; (3) accordingly, Innoviz had overstated its business and/or financial prospects; and (4) as a result, Innoviz’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Innoviz class action, go to https://rosenlegal.com/submit-form/?case_id=23435 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9109353

The post ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Innoviz Technologies Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action – INVZ, INVZW appeared first on Lebanon News Gazette.

WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Lincoln National Corporation (NYSE: LNC) between November 4, 2020 and November 2, 2022, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 24, 2024.

SO WHAT: If you purchased Lincoln National securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Lincoln National class action, go to https://rosenlegal.com/submit-form/?case_id=24462 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 24, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements, as well as failed to disclose material adverse facts about Lincoln National’s business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) Lincoln National was experiencing a decline in its variable universal life insurance business; (2) as a result, the goodwill associated with the life insurance business was overstated; (3) as a result, Lincoln National’s policy lapse assumptions were outdated; (4) as a result, Lincoln National’s reserves were overstated; (5) as a result, Lincoln National’s reported financial results and financial statements were misstated; and (6) as a result of the foregoing, defendants’ positive statements about Lincoln National’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Lincoln National class action, go to https://rosenlegal.com/submit-form/?case_id=24462 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————–

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9109343

The post ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Lincoln National Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – LNC appeared first on Lebanon News Gazette.

SO WHAT: If you purchased iRobot securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the iRobot class action, go to https://rosenlegal.com/submit-form/?case_id=23275 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 7, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) the Merger, Amazon.com, Inc.’s (“Amazon”) acquiring of iRobot, would place Amazon in a sufficiently dominant position in the market for robot vacuum cleaners (“RVCs”) that U.S. and European antitrust regulators were unlikely to approve the Merger; (2) iRobot had conducted inadequate due diligence into the Merger and/or ignored significant risks weighing against the likelihood of regulatory approval; (3) as a result of all the foregoing, iRobot overstated the likelihood for successfully completing the Merger; and (4) as a result, iRobot’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the iRobot class action, go to https://rosenlegal.com/submit-form/?case_id=23275 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9109323

The post IRBT DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages iRobot Corporation Investors With Losses in Excess of $100K to Secure Counsel Before Important May 7 Deadline in Securities Class Action – IRBT appeared first on Lebanon News Gazette.

Founded on transparency and innovation, AlphaX provides a range of trading solutions for cryptocurrency enthusiasts. From spot trading to advanced derivatives, AlphaX equips users with state-of-the-art tools to navigate the dynamic crypto landscape. Moreover, AlphaX introduces innovative features like Trading Airdrop, rewarding users for trading, and Snipe Meme, a wallet tool for easy on-chain asset purchases. With these advancements, AlphaX continues to redefine the cryptocurrency trading experience.

Enzo Fittipaldi, a rising star in the F2 circuit and scion of the renowned Fittipaldi racing dynasty, embodies innovation and excellence. In the fast-paced realm of motorsports, where split-second decisions can determine victory, speed, precision, and strategy are paramount. AlphaX and Enzo Fittipaldi share a common vision of pushing boundaries and embracing challenges to drive success. Through this partnership, AlphaX aims to engage a broader audience by leveraging the global appeal of motorsports to introduce them to the exciting world of cryptocurrency trading.

“We are thrilled to embark on this exhilarating journey with Enzo Fittipaldi,” said AlphaX’s CEO. “This partnership represents a fusion of speed, innovation, and excellence, as we strive to revolutionize the intersection of racing and trading. Together, we are poised to accelerate into the future, setting new standards of performance and pushing the boundaries of what’s possible.”

As AlphaX and Fittipaldi gear up, the world anticipates the thrilling fusion of racing and trading, paving the way for an electrifying future.

AlphaX

AlphaX Exchange is a pioneering cryptocurrency trading platform dedicated to discovering and promoting value-driven cryptocurrencies. With a strong foundation built by industry veterans and a commitment to user security and satisfaction, AlphaX is your gateway to the future of investment. Join us as we continue to explore the frontier of the crypto market, one successful trade at a time.

Media Contact

Douglas Lee

media@alphax.com

The post Revolutionizing Racing and Trading: AlphaX Teams Up with F2 Sensation Enzo Fittipaldi appeared first on Lebanon News Gazette.

Founded on transparency and innovation, AlphaX provides a range of trading solutions for cryptocurrency enthusiasts. From spot trading to advanced derivatives, AlphaX equips users with state-of-the-art tools to navigate the dynamic crypto landscape. Moreover, AlphaX introduces innovative features like Trading Airdrop, rewarding users for trading, and Snipe Meme, a wallet tool for easy on-chain asset purchases. With these advancements, AlphaX continues to redefine the cryptocurrency trading experience.

Enzo Fittipaldi, a rising star in the F2 circuit and scion of the renowned Fittipaldi racing dynasty, embodies innovation and excellence. In the fast-paced realm of motorsports, where split-second decisions can determine victory, speed, precision, and strategy are paramount. AlphaX and Enzo Fittipaldi share a common vision of pushing boundaries and embracing challenges to drive success. Through this partnership, AlphaX aims to engage a broader audience by leveraging the global appeal of motorsports to introduce them to the exciting world of cryptocurrency trading.

“We are thrilled to embark on this exhilarating journey with Enzo Fittipaldi,” said AlphaX’s CEO. “This partnership represents a fusion of speed, innovation, and excellence, as we strive to revolutionize the intersection of racing and trading. Together, we are poised to accelerate into the future, setting new standards of performance and pushing the boundaries of what’s possible.”

As AlphaX and Fittipaldi gear up, the world anticipates the thrilling fusion of racing and trading, paving the way for an electrifying future.

AlphaX

AlphaX Exchange is a pioneering cryptocurrency trading platform dedicated to discovering and promoting value-driven cryptocurrencies. With a strong foundation built by industry veterans and a commitment to user security and satisfaction, AlphaX is your gateway to the future of investment. Join us as we continue to explore the frontier of the crypto market, one successful trade at a time.

Media Contact

Douglas Lee

media@alphax.com

The post Revolutionizing Racing and Trading: AlphaX Teams Up with F2 Sensation Enzo Fittipaldi appeared first on Lebanon News Gazette.

Deal forms one of Brazil’s largest TPM providers.

CLEVELAND, OH, April 30, 2024 (GLOBE NEWSWIRE) — Park Place Technologies, a leading global provider of data center and networking optimization solutions, has acquired Unitech’s third-party maintenance (TPM) business. The acquisition strengthens Park Place’s position as one of Brazil’s largest TPM providers, expanding its reach in the world’s fifth-largest country.

Combined Expertise for Enhanced Customer Service

Unitech, founded in 1989, has a long-standing reputation for serving a diverse client base, including major financial institutions, telecommunication and utility companies. Park Place’s global expertise will greatly amplify Unitech’s established presence in the Brazil market.

“Unitech and Park Place serve clients with the same core values. We both operate with a responsive, client-first approach, and communicate with clarity and transparency. We share customer service strategies, and have a native understanding of the Brazil TPM market,” said Unitech owner Ramon Hasky.

Hasky said Unitech’s long-term partnership with Park Place, “gives us confidence in how our clients will now be served. Park Place is a global company with a strong Latin American presence that offers more scale and an innovative IT lifecycle portfolio. Our customers will benefit from these added Managed Services and Professional Services offerings.”

Park Place, now one of Brazil’s furthest-reaching TPMs, will add nearly 20,000 Unitech assets to its already robust service legacy in Brazil.

“We are taking the hard-earned credibility of Unitech’s 30-plus years and leveraging our passion for client services with Park Place’s global resources,” said Unitech’s CEO, Claudio Miranda. “Unitech’s legacy now has an exciting new chapter; our people and our clients are in good hands with Park Place.”

Unitech will continue to independently operate its Hardware, Software and related Professional Services sales.

“Park Place operates in Brazil primarily in markets with a history of great relevance and positive expectations, particularly in the management, maintenance, and support of mission-critical hardware,” Luiz Fernando Monteiro, IDC Senior Market Analyst, IT Services, Brazil, said. “It is an operation focused on service lines that account for about 19% of the total service market in the country. These are essential services, especially in a world of IT distributed across internal infrastructures, own and third-party Data Centers, public and private clouds, with a demand for very high availability and resilience for the continuity of operations of companies across the entire Brazilian market.”

Roy Illsley, Chief Analyst for Omdia, said Omdia’s research shows that Brazil is a rapidly growing market for the data center business. “In fact, São Paulo accounts for 85% of new Data Center building in the country,” he said. “However, the current Data Center market in Brazil is mostly small sized Data Centers that are distributed between the major cities. Brazil, represents an ideal market for a vendor like Park Place as the growth in data centers will need skills to ensure they can operate efficiently and effectively, and technology vendors with services and solutions are a perfect fit.”

Chris Adams, Park Place Technologies President and CEO, said the company’s history of investing in people and resources globally will continue.

“We are committed to delivering a great experience to all our customers worldwide,” he said. “We will continue to acquire companies like Unitech that bring a talented workforce and unique capabilities driven by an unparalleled customer experience to our international partners.”

A video statement from Unitech is available here.

About Park Place Technologies

Park Place Technologies is a global data center and networking optimization firm. We help more than 21,000 clients optimize data center budgets, productivity, performance, and sustainability so they can think bigger – and act faster. From procurement to decommissioning, our comprehensive portfolio of services and products helps IT teams optimize IT lifecycle management. This frees time and spend so they can focus on transforming their businesses for the future.

Park Place’s industry-leading and award-winning services portfolio includes Park Place Hardware Maintenance, Park Place Professional Services, ParkView Managed Services, Entuity Software and Curvature Hardware sales. For more information, visit www.parkplacetechnologies.com. Park Place is a portfolio company of Charlesbank Capital Partners and GTCR.

Attachment

• Park Place Technologies Headquarters

Michael Miller
Park Place Technologies
8777788707
mmiller@parkplacetech.com

GlobeNewswire Distribution ID 9108141

The post Park Place Technologies Acquires Unitech’s Third Party Maintenance Services appeared first on Lebanon News Gazette.

Deal forms one of Brazil’s largest TPM providers.

CLEVELAND, OH, April 30, 2024 (GLOBE NEWSWIRE) — Park Place Technologies, a leading global provider of data center and networking optimization solutions, has acquired Unitech’s third-party maintenance (TPM) business. The acquisition strengthens Park Place’s position as one of Brazil’s largest TPM providers, expanding its reach in the world’s fifth-largest country.

Combined Expertise for Enhanced Customer Service

Unitech, founded in 1989, has a long-standing reputation for serving a diverse client base, including major financial institutions, telecommunication and utility companies. Park Place’s global expertise will greatly amplify Unitech’s established presence in the Brazil market.

“Unitech and Park Place serve clients with the same core values. We both operate with a responsive, client-first approach, and communicate with clarity and transparency. We share customer service strategies, and have a native understanding of the Brazil TPM market,” said Unitech owner Ramon Hasky.

Hasky said Unitech’s long-term partnership with Park Place, “gives us confidence in how our clients will now be served. Park Place is a global company with a strong Latin American presence that offers more scale and an innovative IT lifecycle portfolio. Our customers will benefit from these added Managed Services and Professional Services offerings.”

Park Place, now one of Brazil’s furthest-reaching TPMs, will add nearly 20,000 Unitech assets to its already robust service legacy in Brazil.

“We are taking the hard-earned credibility of Unitech’s 30-plus years and leveraging our passion for client services with Park Place’s global resources,” said Unitech’s CEO, Claudio Miranda. “Unitech’s legacy now has an exciting new chapter; our people and our clients are in good hands with Park Place.”

Unitech will continue to independently operate its Hardware, Software and related Professional Services sales.

“Park Place operates in Brazil primarily in markets with a history of great relevance and positive expectations, particularly in the management, maintenance, and support of mission-critical hardware,” Luiz Fernando Monteiro, IDC Senior Market Analyst, IT Services, Brazil, said. “It is an operation focused on service lines that account for about 19% of the total service market in the country. These are essential services, especially in a world of IT distributed across internal infrastructures, own and third-party Data Centers, public and private clouds, with a demand for very high availability and resilience for the continuity of operations of companies across the entire Brazilian market.”

Roy Illsley, Chief Analyst for Omdia, said Omdia’s research shows that Brazil is a rapidly growing market for the data center business. “In fact, São Paulo accounts for 85% of new Data Center building in the country,” he said. “However, the current Data Center market in Brazil is mostly small sized Data Centers that are distributed between the major cities. Brazil, represents an ideal market for a vendor like Park Place as the growth in data centers will need skills to ensure they can operate efficiently and effectively, and technology vendors with services and solutions are a perfect fit.”

Chris Adams, Park Place Technologies President and CEO, said the company’s history of investing in people and resources globally will continue.

“We are committed to delivering a great experience to all our customers worldwide,” he said. “We will continue to acquire companies like Unitech that bring a talented workforce and unique capabilities driven by an unparalleled customer experience to our international partners.”

A video statement from Unitech is available here.

About Park Place Technologies

Park Place Technologies is a global data center and networking optimization firm. We help more than 21,000 clients optimize data center budgets, productivity, performance, and sustainability so they can think bigger – and act faster. From procurement to decommissioning, our comprehensive portfolio of services and products helps IT teams optimize IT lifecycle management. This frees time and spend so they can focus on transforming their businesses for the future.

Park Place’s industry-leading and award-winning services portfolio includes Park Place Hardware Maintenance, Park Place Professional Services, ParkView Managed Services, Entuity Software and Curvature Hardware sales. For more information, visit www.parkplacetechnologies.com. Park Place is a portfolio company of Charlesbank Capital Partners and GTCR.

Attachment

• Park Place Technologies Headquarters

Michael Miller
Park Place Technologies
8777788707
mmiller@parkplacetech.com

GlobeNewswire Distribution ID 9108141

The post Park Place Technologies Acquires Unitech’s Third Party Maintenance Services appeared first on Lebanon News Gazette.