Category: Press Releases

Lauren Brewer

CALABASAS, Calif., March 10, 2023 (GLOBE NEWSWIRE) — Christine Deloatch and Lauren Brewer, owners and co-founders of PrettySpirits.com, an online spiritual wellness shop, have launched a crowdfunding campaign to open their first retail location in Calabasas, California. The initiative aims to raise $50,000 to cover costs associated with maintaining their storefront. Donations will help the Black, female-owned business with a heartfelt mission to improve the world.

Pretty Spirits has been fulfilling its mission to offer products and services that enhance self-awareness and help customers better manage anxiety, stress, and depression for the last seven years. In 2015, they began by offering services such as psychic readings and reiki healing to help clients break through tough emotional challenges connected to various traumas. As their client base grew, they developed their first oracle deck as a tool for self-discovery. They have since expanded their product line to include hundreds of spiritual and wellness products.

Donations will allow Pretty Spirits to continue to provide mindful products, resources, and services to those who suffer from emotional struggles like anxiety, abandonment and low self-esteem. The campaign goal amount of $50,000 will cover the rent and inventory storage for one year, store furnishings, the POS system, signage, marketing, inventory, and maker materials. Every dollar counts, and the campaign is grateful for any amount given towards meeting its goal.

The new physical location in Calabasas, California, is a suite in Bungalow 21, a first-of-its-kind, family-owned business and wellness center. Pretty Spirits will begin their permanent residency in a modest space on April 16th, 2023. The founders are excited to showcase their mindfully curated products and provide their healing services.

Christine Deloatch and Lauren Brewer are mompreneurs who set out to impact the world significantly. Their mission is to create a safe space for millions seeking the knowledge and tools to align with higher self-worth, greater fulfillment, and inner peace. Donations from caring people like you help Pretty Spirits achieve its mission and improve the world.

To donate to Pretty Spirits’ crowdfunding campaign, visit their donation page: https://prettyspirits.com/pages/donate-to-pretty–spirits.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/eeee80c5-694c-47a6-8a4a-da24f45569a6

https://www.globenewswire.com/NewsRoom/AttachmentNg/70717139-52d6-4381-b00d-badbe1d241d8

https://www.globenewswire.com/NewsRoom/AttachmentNg/122a2744-65bb-4504-ba30-a27590fb4508

For more information, please contact
Joseph Benjamin
+1 323 659 0553
jbenjamin@prophecybrand.com

GlobeNewswire Distribution ID 8786029

• Bechtel will collect and compile the techno-economic studies undertaken by NORI’s partners and contractors required to support its exploitation contract application to the International Seabed Authority
• Data generated by NORI and its partners during the nodule collection system test and monitoring campaign completed in the NORI-D area in December 2022 will form the basis of the techno-economic studies and environmental and social impact assessment that will support NORI’s exploitation contract application

NEW YORK, March 09, 2023 (GLOBE NEWSWIRE) — The Metals Company (Nasdaq: TMC) (the “Company” or “TMC”), an explorer of the world’s largest estimated undeveloped source of critical battery metals today announced that Bechtel Australia Pty Ltd (Bechtel), a global leader in engineering, procurement and construction will collect and compile the techno-economic studies prepared by various consultants required for NORI to lodge its application for an exploitation contract for its NORI-D Project with the International Seabed Authority (ISA).

Well known for producing large-scale civil infrastructure, mining, power and telecommunications projects around the world, Bechtel’s scope of work is to collect and compile technical and economic studies prepared by various consultants that will underpin NORI’s application to the ISA for an exploitation contract, which the Company expects to have ready for submission in the second half of 2023.

NORI’s strategic partner, Allseas, will undertake the offshore nodule collection, lifting and transport operations for Project Zero in the NORI-D Area using a pilot collection system upgraded into an early commercial production system with a planned production capacity of over one million wet tonnes of nodules, based on operational and environmental data collected during the 2022 pilot trials program.

Gerard Barron, Chairman and CEO of The Metals Company, said: “We are excited to have a company with the proven capabilities of Bechtel involved in our NORI-D project. We look forward to working together and drawing on Bechtel’s extensive experience in mining projects so that NORI can deliver a first-of-its kind exploitation contract application to the ISA and ultimately bring this important resource of energy transition metals online in a responsible way.”

Ailie MacAdam, President of Bechtel’s global Mining and Metals business said:  “Bechtel has a long history of developing projects with our customers that are designed to solve the world’s biggest challenges. We need to act with urgency but follow the science to ensure our environmental, social and governance responsibilities are integrated into the project.  Accessing energy transition resources in a responsible way is critical to delivering successful solutions and projects.”

In its recent analysis of the critical mineral provisions of the U.S. Inflation Reduction Act, TMC noted that there is currently insufficient battery metal production to achieve U.S. electric vehicle targets, and that its planned full-scale commercial operations (Project One) could potentially deliver three times more nickel sulphate than was produced in 2021 by Australia and the Republic of Korea – the only two leading producers with which the U.S. holds a Free Trade Agreement.

Since forging a strategic alliance in 2019, NORI and Allseas have been working together to develop and validate a pilot nodule collection system including the production vessel, Hidden Gem, which has been successfully deployed in the Clarion Clipperton Zone of the Pacific Ocean lifting more than 3,000 tonnes of nodules to the surface and providing technical demonstration of the system. Last year NORI and Allseas announced they had signed a non-binding term sheet to upgrade the pilot collection system into a production-ready commercial system.

With their limited impurities, polymetallic nodules could significantly reduce mineral processing waste outputs and TMC has worked with metallurgy process experts Hatch to pioneer a near-zero solid waste nodule processing flowsheet to produce nickel, copper and cobalt feedstocks for battery manufacturers. In addition, TMC’s manganese silicate product – which it estimates will account for almost 30% of future revenues – was demonstrated to have significant advantages over conventional manganese ores as a feedstock for silicomanganese production on both cost and CO₂ footprint, according to a study by leading European research institution SINTEF.

About The Metals Company

The Metals Company is an explorer of lower-impact battery metals from seafloor polymetallic nodules, on a dual mission: (1) supply metals for the clean energy transition with the least possible negative environmental and social impact and (2) accelerate the transition to a circular metal economy. The company through its subsidiaries holds exploration and commercial rights to three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean regulated by the International Seabed Authority and sponsored by the governments of Nauru, Kiribati and the Kingdom of Tonga. More information about The Metals Company is available at www.metals.co.

More info

Media | media@metals.co
Investors | investors@metals.co

About Bechtel

Bechtel is a trusted engineering, construction and project management partner to industry and government. Differentiated by the quality of its people and a relentless drive to deliver the most successful outcomes, Bechtel aligns its capabilities to customers’ objectives to create a lasting positive impact. Since 1898, Bechtel has helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world’s infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place. More information is available at www.bechtel.com.

Forward Looking Statements

Certain statements made in this press release are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. The forward-looking statements contained in this press release include, without limitation, statements that waste streams could be reduced by using deep-sea nodules. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside TMC’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: regulatory uncertainties and the impact of government regulation and political instability on TMC’s resource activities; changes to any of the laws, rules, regulations or policies to which TMC is subject; the impact of extensive and costly environmental requirements on TMC’s operations; environmental liabilities; the impact of polymetallic nodule collection on biodiversity in the CCZ and recovery rates of impacted ecosystems; TMC’s ability to develop minerals in sufficient grade or quantities to justify commercial operations; the lack of development of seafloor polymetallic nodule deposit; uncertainty in the estimates for mineral resource calculations from certain contract areas and for the grade and quality of polymetallic nodule deposits; risks associated with natural hazards; uncertainty with respect to the specialized treatment and processing of polymetallic nodules that TMC may recover; risks associated with collection, development and processing operations; fluctuations in transportation costs; testing and manufacturing of equipment; risks associated with TMC’s limited operating history; the impact of the COVID-19 pandemic; risks associated with TMC’s intellectual property; and other risks and uncertainties, including those in the “Risk Factors” sections, included in the final prospectus and definitive proxy statement, dated and filed with the Securities and Exchange Commission (the “SEC”) on August 12, 2021 relating to the business combination, in TMC’s Annual Report on Form 10-K for the year ended December 31, 2021, filed by TMC with the SEC on March 25, 2022, and in TMC’s other future filings with the SEC. TMC cautions that the foregoing list of factors is not exclusive. TMC cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. TMC does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based except as required by law.

GlobeNewswire Distribution ID 8785591

Source: Eavor Erdwärme Geretsried GmbH

DÜSSELDORF, Germany, March 09, 2023 (GLOBE NEWSWIRE) —  Eavor Technologies Inc. and Eavor Erdwärme Geretsried GmbH (together “Eavor”), the leader in globally scalable geothermal closed-loop technology, has been awarded a €91,6 million grant from the European Innovation Fund (“EIF”), in support of the Eavor-Europe geothermal project already under construction in Bavaria south of Munich near the town of Geretsried, Germany.

The project is the world’s first commercial implementation of an Eavor-Loop, a showpiece of the zero-emissions heat and power production capabilities of next-generation geothermal technology, and a flagship site for the fundamental ability of Eavor-Loop to provide energy security and autonomy, globally.

Construction began in October 2022, with drilling scheduled to commence in July 2023. Two of Europe’s largest drilling rigs are already under a four-year contract with KCA-Deutag. An Organic Rankine Cycle (“ORC”) power plant is being designed and constructed simultaneously with drilling operations in collaboration with Turboden S.p.A., with the first energy production scheduled for Q4, 2024.

John Redfern, President, CEO and Co-Founder at Eavor Technologies Inc., stated: “I’d like to thank the European Commission. We at Eavor are humbled to be included in the EIF program alongside so many prestigious European multinationals. We believe this first commercial Eavor-Loop will open the floodgates to the broad implementation of what is the first truly scalable form of green baseload energy. In this way, we hope to help Europe solve its twin existential threats of Climate Change and lack of Energy Autonomy”.

The project will result in 8,2 MWe and ~44.000 tCO2e GHG emissions avoided per year including anticipated heat offtake and power sales. Eavor estimates that ~20.000 homes will be powered with clean energy harnessed from the Earth and up to 600 person-years of drilling services and powerplant/infrastructure jobs will be created during the construction phase of the project.

Philippe Dumas, Secretary General at the European Geothermal Energy Council, stated: “I’m glad to see the EC Innovation Fund supporting the geothermal project submitted by Eavor GmbH to commercially demonstrate innovative renewable district heating and power supply in Geretsried, Germany. Given the energy, climate and food security crisis as well as the need to meet the tripling of the geothermal target by 2030, this innovative project is of paramount importance: it will increase the security of electricity supply, help decarbonise the district heating sector, reduce greenhouse gas emissions and stimulate technological innovation all of which could also be replicated elsewhere.”

Daniel Mölk, President at Eavor GmbH, stated: “Eavor would like to thank regional stakeholders, the Bavarian/German Governments, the community, and operational partners generally. Eavor, and its project partners, Chubu Electric Power Co., Inc. and Enex Power Germany GmbH, are honoured to be so welcomed and supported by all.”

Project Summary

The Eavor-Loop at Geretsried, Germany will provide clean baseload energy for district heating and power generation. It consists of multiple large underground radiators buried at 4.500 metres. Operating under a natural thermosiphon requiring no pump and no aquifer, clean fresh water will circulate through the radiator carrying the heat to surface.

With no greenhouse gas (GHG) emissions during operation, Eavor-Loop will avoid almost 100% of the emissions compared to the reference scenario. Eavor-Loop is also an environmentally friendly solution: it can be installed virtually anywhere providing the EU with a scalable, secure source of renewable heat and power. An on-site visitor centre will be built and open to the public interested to know more about the technology and the operations of this first-of-kind implementation. – Eavor-Europe Webpage

About the European Innovation Fund (EIF)

With projected revenue of more than €38 billion by 2030 from the EU Emissions Trading System (ETS), the Innovation Fund aims to create the right financial incentives for companies and public authorities to invest in the next generation of low-carbon technologies and give EU companies a first-mover advantage to become global technology leaders. The EIF focuses on highly innovative technologies and big flagship projects within Europe. The European Commission is tasked with overall management and implementation of the fund and has designated the European Climate, Infrastructure and Environment Executive Agency (CINEA) as the implementing body of the fund.

The first call for large-scale projects awarded grants of €1,1 billion to 7 projects in energy-intensive industries, hydrogen, carbon capture, use and storage, and renewable energy.

The projects selected under the €1,8 billion second call for large-scale projects were evaluated by independent experts based on their ability to reduce greenhouse gas emissions compared to traditional technologies and to innovate beyond the state-of-the-art, while being sufficiently mature for deployment. Other selection criteria included the projects’ potential for scalability and cost effectiveness. – Innovation Fund

Reference material: Innovation Fund projects (europa.eu)

About Eavor Technologies Inc.
Eavor (pronounced “Ever”) is a technology-based energy company led by a team dedicated to creating a clean, reliable, and affordable energy future on a global scale. Eavor’s solution (Eavor-Loop) represents the world’s first truly scalable form of clean, dispatchable, and flexible power. Eavor achieves this by mitigating or eliminating many of the issues that have traditionally hindered geothermal energy. Eavor instead circulates a benign working fluid that is completely isolated from the environment in a closed-loop, through a massive subsurface radiator. This radiator simply collects heat from the natural geothermal gradient of the Earth via conduction. info@eavor.com | Eavor.com

About KCA Deutag
With over 130 years of experience, KCA Deutag is a leading drilling, engineering and technology company working onshore and offshore with a focus on safety, quality and operational performance. We operate approximately 81 drilling rigs in 14 countries, either directly or through our affiliates, employing people in Africa, Europe, the Middle East, the Caspian Sea and Canada. KCA Deutag consists of our business units: Land, Offshore and Kenera. Land and Offshore are our operational divisions delivering safe, effective, trouble-free operations across 20 countries. Kenera brings together our design and engineering specialists RDS and land rig and oilfield manufacturer Bentec under one business unit. Kenera was established to expand our offering in both hydrocarbons and energy transition markets, with three dedicated segments covering innovative services, technology and engineering, and manufacturing. For further information on KCA Deutag please visit kcadeutag.com

About Turboden
Turboden S.p.A., Mitsubishi Heavy Industries group company, is an Italian firm and a global leader in the design, manufacture, and maintenance of Organic Rankine Cycle (ORC) systems, highly suitable for distributed generation, that generate electric and thermal power exploiting multiple sources, such as renewables (biomass and geothermal energy), traditional fuels, and waste heat from industrial processes, waste incinerators, engines, or gas turbines. Today Turboden expands its technological solutions with gas expanders and large heat pumps to play a broader role in the decarbonisation of the district heating sector and of energy-intensive industrial processes. turboden.com

Contact Data

Eavor Technologies Inc.	Eavor GmbH
John Redfern	Daniel Mölk
President & CEO	President
John.Redfern@eavor.com	Daniel.Moelk@eavor.com
Tel: +1-650-269-2501	Tel: +49 211 169759-0

Disclaimer: “Funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or CINEA. Neither the European Union nor the granting authority can be held responsible for them.”

GlobeNewswire Distribution ID 8785402

After 7 months of exclusive NFT drops, existing customers will receive a custom collectible to celebrate the iconic supercar manufacturer’s diamond jubilee.

Sant’Agata Bolognese, March 09, 2023 (GLOBE NEWSWIRE) — Automobili Lamborghini has nearly reached the end of “The Epic Road Trip”, an 8-month journey that culminates in a momentous milestone: the legendary brand’s 60th anniversary.

Developed in partnership with INVNT.ATOM  and Web3 Pro, The Epic Road Trip invites owners and enthusiasts to collect the ultimate set of digital memorabilia to unlock utilities and experiences – including the opportunity to be one of the first to preview the latest Lamborghini model before it’s released to the public.

Collectors of “The Epic Road Trip” will also be rewarded with a variety of utilities and experiences, depending on their level of ownership:

• Access to Collectors-only Discord community/channel
• Exclusive mobile and desktop wallpapers
• Centro Stile sketch from Mitja Borkert, Head of Design
• GLB file for Lamborghini consumers to experience in the metaverse
• An intimate VIP tour of the Lamborghini Sant’Agata headquarters
• Exclusive first look at the latest Lamborghini model

As the 60th anniversary approaches, Lamborghini will leverage this opportunity to bring together in celebration both Lamborghini customers and “The Epic Road Trip” asset holders. “Lamborghini’s commitment to innovation extends beyond our super sports cars and into all aspects of our business – specially as we reach younger generations,” says Christian Mastro Marketing Director of Automobili Lamborghini. “The Epic Road Trip is the latest example of our unconventional approach which has powered us for six decades. As we celebrate 60 years of forward looking attitude, we want to reward customers and fans of the past, present, and future for their loyalty — giving them the chance to get further involvement and connection with the Brand.”

Lamborghini will commemorate the milestone with a 60th-anniversary digital collectible. Those visiting Lamborghini dealerships or attending IRL anniversary celebrations can scan a QR code to claim. At the same time, the commemorative collectible will be airdropped to “The Epic Road Trip” collectors who have purchased 2 or more NFTs across Drops 1 through 8.

In addition, all holders of the commemorative NFT will receive token-gated access to an exclusive, AMA-style session with senior Lamborghini executives discussing Lamborghini’s past, present, and future.

The final drop of “The Epic Road Trip” begins March 20th – 23rd, with the last opportunity for collectors to reach the finish line at Lamborghini NFT Marketplace.

While “The Epic Road Trip” will be concluding soon, this is only the beginning of Lamborghini’s Web3 journey as they continue to develop innovative engagement platforms that deepen their relationship with customers and fans which capture the essence of what it means to be a member of the Lamborghini community.

Photos and videos: media.lamborghini.com
Hype Reel of the campaign to date

Media kit (hi-res photos and bios)

Information on Automobili Lamborghini: lamborghini.com

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About Automobili Lamborghini’s “The Epic Road Trip”

Automobili Lamborghini, together with Web3 Pro and INVNT.ATOM, invite fans, collectors, and enthusiasts to be a part of The Epic Road Trip, a series of digital collectibles that unlock utilities, and experiences – including the opportunity to be one of the first to preview a new Lamborghini model. The collection consists of four NFTs released each month for 8 months, across 4 consecutive days, each available to purchase for 24 hours only. All base collectible NFTs will be limited to an edition of 1,963 and the fourth rare NFT will be available in a limited edition of 63 units. At the very end of the campaign, only those who have acquired all the monthly NFTs issued – either the three base NFTs or three base plus the limited edition – will receive a special NFT revealing the next Lamborghini model.

About INVNT.ATOM

INVNT.ATOM, part of [INVNT GROUP] THE GLOBAL BRANDSTORY PROJECT, is an innovation and brand experience agency devoted to helping global brands chart a course, navigate, activate, and create new opportunities at the digital frontier of Web3. Based in Singapore, the collective of strategists, marketers, creators, programmers, matchmakers, and thought leaders, turn strategies into stories and stories into experiences, that engage communities on the global stage. For more information about INVNT.ATOM, visit: www.invntatom.com.

About [INVNT GROUP]

[INVNT GROUP] was established as an evolution of the founding global live brand storytelling agency INVNT. Led by President and CEO, Scott Cullather, [INVNT GROUP], THE GLOBAL BRANDSTORY PROJECT represents a portfolio of disciplines designed to help forward- thinking organizations innovate and impact audiences everywhere. The GROUP consists of modern brand strategy firm, Folk Hero; creative-led culture consultancy, Meaning; production studio & creative agency, HEVĒ; events for colleges and universities, INVNT Higher Ed; digital innovation division, INVNT.ATOM; creative multimedia experience studio, Hypnogram; and the original live brand storytelling agency, INVNT. For more information visit www.invntgroup.com.

About Web3 Pro

Since 2018, Web3 Pro has been a pioneer in developing innovative technologies that enables enterprise brands, creative agencies, marketing agencies, and their clients to harness the power of Web 3.0, community-based marketing. Our platforms, including the NFT PRO white-label marketplace and HUB engagement platform, are designed with the end customer in mind, which enables successful campaigns and strategies that boost important revenue, engagement, and marketing-related key performance metrics. For more information about Web3 Pro, visit: www.web3pro.com.

Attachment

• Lamborghini: The Epic Road Trip

For “The Epic Road Trip” campaign & press inquiries:
Paola Cracknell
pcracknell@invnt.com

For [INVNT GROUP] and INVNT.ATOM press inquiries:
Jhonathan Mendez de Leon
jmendezdeleon@invnt.com

For Web3 Pro press inquiries:
Bekkah Frisch
bekkahf@web3pro.com

GlobeNewswire Distribution ID 8785335