Category: Business

NEW YORK CITY, NY / ACCESS Newswire / June 26, 2025 / AstraBit has integrated a portfolio optimization engine grounded in Markowitz’s Modern Portfolio Theory (MPT) and Post-Modern Portfolio Theory (PMPT), enabling users to apply institutional-grade allocation models to digital asset trading strategies. This feature provides information on systematic portfolio construction, based on features that include, but are not limited to, expected return, volatility, downside deviation, CAPM, and inter-strategy correlation, helping users better understand risk and potentially achieve more efficient risk-adjusted outcomes in their digital asset investing

The integration of this framework brings quantitative asset allocation methods, long used by institutional and other sophisticated money managers, into the realm of algorithmic trading for digital assets. Through AstraBit, users can analyze their manual trading and automated algorithmic trading to better allocate capital across their total portfolio, using objective, model-driven weightings derived from historical data, as well as deep statistical and mathematical concepts.

“AstraBit’s implementation of MPT can help our members move beyond equal weighting or subjective allocation,” said Nicholas Bentivoglio, CEO and Co-Founder at AstraBit. “AstraBit Portfolio aims to provide a risk-adjusted structure for users, working closely with their licensed financial professional, to allocate across diverse strategies and assets, based on actual performance relationships rather than intuition or static rules.”

Institutional Theory, Adapted for Crypto

Modern Portfolio Theory, developed by economist Harry Markowitz, is a foundational principle in traditional finance for optimizing asset allocation. The theory provides a method for identifying the most efficient portfolio by balancing the expected return of each asset against its contribution to overall portfolio risk. AstraBit has adapted this model to evaluate digital assets and algorithmic trading strategies in the crypto market, treating each as a return-generating asset class.

The optimization engine calculates many components including, but not limited to expected return, variance, and covariance between assets, strategies, and even market indexes like the S&P 500 and the Astra100 Index. Based on this data, it calculates the capital weights that will result in things like the highest Sharpe or Sortino ratio, the lowest overall volatility, lowest downside deviation, etc., or a custom risk profile defined by the user. This approach can help users reduce overexposure to individual strategies and assets and introduces a quantitative discipline to bot portfolio construction.

Built for Practical Execution

The engine’s functionality is designed to integrate directly with AstraBit’s existing products and services. Users can select from strategies available on the platform, define constraints, and allow the engine to generate model-based allocations. These weightings can be implemented directly through the user’s connected exchange accounts.

Key features include:

• Portfolio optimization based on historical return and risk metrics

• Correlation analysis across automated and manual trading strategies

• Automated allocation and rebalancing recommendations

• Compatibility with both centralized and decentralized exchanges

Unlike conventional applications of MPT that assume static asset classes, AstraBit’s model incorporates variables specific to crypto trading. This includes the effect of exchange fees, slippage, bot behavior under different market regimes, and liquidity limitations across trading venues.

Enhancing Strategy Transparency and User Control

The availability of a quantitative allocation engine introduces an added layer of transparency for AstraBit users. Instead of allocating capital equally or based on perceived performance, traders can now make informed decisions grounded in statistical relationships between strategies. This is especially relevant in volatile or uncertain markets, where correlation clustering can lead to unintended concentration risks.

The tool benefits both discretionary and automated traders, including users of AstraBit’s copy trading system and those building portfolios from the marketplace of available bots.

In addition to automated strategies, AstraBit enables comprehensive analysis of manual trades executed through connected exchanges. By integrating manual and algorithmic trading data into a single analytics view, users gain a holistic understanding of their entire portfolio performance. This unified perspective allows users to collaborate more effectively with licensed financial advisors to determine optimal strategy and asset allocations that align with their personal risk tolerance and return expectations.

Future Development

AstraBit is actively enhancing the optimization engine with additional layers of analytics, including forward-looking volatility modeling and integration of macroeconomic signals. There are also plans to support portfolio models that incorporate staking and yield-generating DeFi positions, broadening the use case beyond trading alone.

The Markowitz Strategy Engine is currently live and accessible via AstraBit’s Portfolio Management interface.

About AstraBit

AstraBit is a U.S.-based, veteran-owned platform for automated crypto trading, DeFi staking, and portfolio management. It enables users to trade smarter using no-code bots, real-time analytics, multi-exchange connectivity, and a marketplace of expert strategies. AstraBit serves beginners, professionals, and institutions by delivering tools that prioritize transparency, control, and informed decision-making.

DISCLOSURE: AstraBit Portfolio and the Astra100X Index are informational tools designed to help users analyze digital asset portfolios and staking activity. They do not provide financial, investment, or tax advice, and outputs such as return estimates, volatility, or optimal allocations are hypothetical and not guaranteed. These tools rely on historical data and assumptions that may not reflect future market conditions. Past performance is not indicative of future results. All decisions related to trading, staking, and portfolio settings are the sole responsibility of the user. Digital assets are highly speculative and may involve significant risk of loss. Users should consult a licensed financial and tax advisor before making any investment decisions. AstraBit makes no guarantees of profit or performance.

Media Contact:
Cam Paulding
Chief Marketing Officer, AstraBit
marketing@astrabit.io

SOURCE: AstraBit

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Webcast and conference call to be held on Monday, June 30th at 4:30 pm ET, dial in information below

NEWARK, CA / ACCESS Newswire / June 26, 2025 / Protagonist Therapeutics, Inc. (“Protagonist” or the “Company”) today announced that the company will host a conference call and webcast to announce its oral obesity development candidate and to share in vitro and pre-clinical proof-of-concept study results.

Conference Call and Webcast Details
The dial-in numbers for Protagonist’s investor update on Monday, June 30th at 4:30 pm ET are:

US-based Investors: 1-877-407-0752
International Investors: 1-201-389-0912
Conference Call ID: 13754335

The webcast link for the event can be found here: https://viavid.webcasts.com/starthere.jsp?ei=1724439&tp_key=584cdd1e86

A replay of the presentation will be available on the Company’s Investor Relations Events and Presentations webpage following the event.

About Protagonist
Protagonist Therapeutics is a discovery through late-stage development biopharmaceutical company. Two novel peptides derived from Protagonist’s proprietary discovery platform are currently in advanced Phase 3 clinical development, with New Drug Application submissions to the FDA potentially in 2025. Icotrokinra (formerly, JNJ-2113) is a first-in-class investigational targeted oral peptide that selectively blocks the Interleukin-23 receptor (“IL-23R”) which is licensed to J&J Innovative Medicines (“JNJ”), formerly Janssen Biotech, Inc. Following icotrokinra’s joint discovery by Protagonist and JNJ scientists pursuant to the companies’ IL-23R collaboration, Protagonist was primarily responsible for development of icotrokinra through Phase 1, with JNJ assuming responsibility for development in Phase 2 and beyond. Rusfertide, a mimetic of the natural hormone hepcidin, is currently in Phase 3 development for the rare blood disorder polycythemia vera (PV). Rusfertide is being co-developed and will be co-commercialized with Takeda Pharmaceuticals pursuant to a worldwide collaboration and license agreement entered in 2024 under which the Company remains primarily responsible for development through NDA filing. The Company also has a number of pre-clinical stage oral drug discovery programs addressing clinically and commercially validated targets, including IL-17 oral peptide antagonist PN-881, oral hepcidin program, and oral obesity program.

More information on Protagonist, its pipeline drug candidates and clinical studies can be found on the Company’s website at https://www.protagonist-inc.com/.

Investor Relations Contact
Corey Davis, Ph.D.
LifeSci Advisors
+1 212 915 2577
cdavis@lifesciadvisors.com

Media Contact
Virginia Amann, Founder/CEO
ENTENTE Network of Companies
+1 833 500 0061 ext 1
virginiaamann@ententeinc.com

SOURCE: Protagonist Therapeutics

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Company’s B Impact score climbed 19.9 points, while its 2024 initiatives cut carbon footprint 17.1%, shifted 23% of electricity to renewables, and deepened career-building programs for East African talent

SAN FRANCISCO, CA / ACCESS Newswire / June 26, 2025 / Sama, the leader in purpose-built, responsible enterprise AI with agile data labeling for model training and performance evaluation, today announced its successful recertification as a Certified B Corporation™, marking a significant milestone in the company’s commitment to balancing profit with purpose. The recertification comes alongside the release of Sama’s 2024 Annual Impact Report, which details the company’s progress across key environmental, social, and governance (ESG) initiatives.

Sama received an overall B Impact score of 118.4 from B Corp, up from 98.5 at initial certification in 2020. The new score affirms Sama’s progress across governance, workforce development, community impact and environmental stewardship, exceeding the 80-point threshold required for B Corp status and more than doubling the median score of ordinary businesses. Full results of Sama’s score can be found here.

B Corp companies are pioneers in establishing a fair, inclusive and regenerative economy, measured according to stringent criteria by B Lab across operations, including governance, community involvement, environmental impact and more.

“We are thrilled to recertify as B Corp, which offers independent proof that responsible AI can, and must, deliver measurable benefits to both people and planet,” said Wendy Gonzalez, CEO of Sama. “Raising our score nearly 20 points reflects the thousands of decisions our teams made in recent years to embed ethics, transparency and sustainability deep into our business model.”

Sama’s recently published 2024 Impact Report details a year of accelerated stakeholder value that included:

• 17.1% reduction in absolute carbon emissions from the 2023 baseline, advancing the company’s Science Based Targets initiative (SBTi) validated targets.

• 23% of global electricity sourced from renewables, supported by partnerships with San Francisco’s CleanSF program and Kenya’s Malindi Solar Farm.

• New professional development and mentorship programs linking senior leaders with emerging talent in Kenya and Uganda, alongside the continuation of the Sama Scholarship Program for degree completion and launching key training programs to advance AI skills for digital workers.

• A successful Give Work Challenge, which included issuing new grants to high-potential social enterprises in East Africa through the Leila Janah Foundation.

Sama was recently recognized as one of the top three Inspiring Workplaces in 2025 across the Middle East and Africa, one of only two tech companies and the sole data-annotation provider on the list. The company was also recognized by Newsweek on its Greatest Workplaces for Women and Greatest Workplaces for Inclusion & Diversity lists.

About B Lab Africa
B Lab Africa is transforming the economy to benefit all people, communities, and the planet. A leader in economic systems change, our global network creates standards, policies, and tools for business, and we certify companies-known as B Corps-who are leading the way. To date, our global community includes over 9,500 B Corps in 104 countries and 160 industries, and over 6,100 companies in Africa manage their impact with the B Impact Assessment and the SDG Action Manager. https://b-labafrica.net/

About Sama
Sama is a global leader in data annotation solutions for computer vision, generative AI and large language models. Our solutions minimize the risk of model failure and lower the total cost of ownership through an enterprise ready ML-powered platform and SamaIQ™, actionable data insights uncovered by proprietary algorithms and a highly skilled on-staff team of over 5,000 data experts. 40% of FAANG companies and other major Fortune 50 enterprises, including GM, Ford and Microsoft, trust Sama to help deliver industry-leading ML models.

Driven by a mission to expand opportunities for underserved individuals through the digital economy, Sama is a certified B-Corp and has impacted more than 69,000 people since 2008. An MIT-led Randomized Controlled Trial has validated that Sama’s training and employment programs generated meaningful employment- and income-related outcomes. For more information, visit www.sama.com.

Sama Media Contact:
press@samasource.org

SOURCE: Sama

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Backed by 42CAP and Dreamcraft Ventures, Waypoint AI is helping fast-growing software companies reclaim 15% of engineering capacity spent on customer-reported escalations.

SILICON VALLEY, CA / ACCESS Newswire / June 26, 2025 / Waypoint AI, the AI customer support engineer that triages, investigates and resolves product defects, is announcing a $3.1 million pre-seed round led by 42CAP and Dreamcraft Ventures, with participation from Berkeley SkyDeck Fund and Lumiere AI Ventures.

Founded in 2024 by Tomas Polivka, Steve Boogar and Liam Boogar-Azoulay, Waypoint AI has developed its AI Customer Support Engineer to supercharge escalation management, the most expensive cross-department challenge facing software organizations. Waypoint AI automates intake, triage and escalation report generation for customer support teams; assists with investigation and resolution for engineers; and generates detailed timelines and postmortems for incident commanders.

“As organizations scale, software maintenance eats an increasing portion of engineering resources. Intelligent escalation automation is a strategic lever for leaders to unlock critical support and engineering capacity while improving CSAT” said Steve Boogar, CEO of Waypoint AI.

Enterprise software leaders including Kpler and Clickhouse have seen their mean time to resolution (MTTR) cut in half in a matter of weeks, recapturing engineering capacity lost to reactively triaging issues. Waypoint AI embeds in clients’ existing support, engineering and chat systems to proactively engage on new escalations.

“Our philosophy is to back exceptional, product-driven founders with global ambition” said Thomas Wilke, General Partner at 42CAP. “The Waypoint AI team embodies this spirit. They are not just data-driven; they are using AI to fundamentally reshape how software companies operate by tackling one of their most expensive cross-departmental challenges. Their commitment to building a category-defining, intelligent automation platform is exactly what we look for, and we are thrilled to partner with them on their journey.”

The newly added funds enable Waypoint AI to rapidly grow its Prague-based engineering office as they continue to scale the platform to meet customer demand.

About Waypoint AI

Waypoint AI is a Silicon Valley startup founded in 2024 to automate software maintenance so engineers can focus on development. Their flagship product generates deflection and escalation remediation paths leveraging large language models (LLMs) and their proprietary Escalation Graph which stitches together tribal knowledge buried in documentation, chat threads, support and engineering tickets comments, commit notes and internal tools.

To learn more, visit mywaypoint.ai

About 42CAP

42CAP invests in early-stage technology companies across Europe with global ambition. The team behind 42CAP consists of seasoned entrepreneurs who have transitioned into investors. With Hybris and eCircle, they previously built two of Europe’s largest B2B software companies, culminating in $1.6b cash exits to SAP and Teradata, respectively. The 42CAP credo “Peers amongst Entrepreneurs” is reflected in our investment approach, with which we support B2B data- and technology-driven business models, product-focused founders and sustainable venture development.

About Dreamcraft Ventures

Dreamcraft Ventures is a Danish venture capital firm investing in early-stage companies. Dreamcraft invests in pre-seed and seed stage Digital Entertainment and B2B SaaS companies in the Nordics and Europe and supports them in achieving the next rounds of funding. Dreamcraft has raised two funds and its portfolio companies include Baller League, AirHelp, Kvantify, MannyAI and GRID.

Media contact

Songue PR for Berkeley SkyDeck
skydeck@songuepr.com

SOURCE: Berkeley SkyDeck

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MAKKAH, SAUDI ARABIA, SA / ACCESS Newswire / June 26, 2025 / The General Authority for the Care of the Two Holy Mosques, represented by the King Abdulaziz Complex for the Holy Kaaba Kiswa, presided over the occasion of the replacing of the Kiswa on the first day of the month of Muharram (Hijri). This took place within an integrated operational system that reflects the Kingdom of Saudi Arabia’s willingness and dedication to serving the Two Holy Mosques-continuing a legacy of over 100 years of care in producing the Kiswa for the Ancient House.

The occasion was conducted with meticulous organisation. As the previous Kiswa was carefully prepared for removal, the new Kiswa was raised and securely fastened to all sides of the Kaaba. Additionally, the door curtain embroidered with golden embellishments, lantern-shaped pieces, the belt, and samadiyah pieces were affixed-a scene embodying high craftsmanship and precision.

The King Abdulaziz Complex for the Holy Kaaba Kiswa is the sole specialist entity responsible for the production of the Kiswa. The production stages are carried out within the complex through a precise production process that begins with the purification of water designated for dyeing, followed by automated weaving, printing, embroidery, and assembly. It concludes with quality assurance measures undertaken by 154 skilled Saudi specialists and technicians.

During the production of the Kiswa-which weighs up to 1,415 kilograms-high-quality raw materials are utilised, including 825 kilograms of black-dyed natural silk and 410 kilograms of cotton. The Kiswa is embroidered with 120 kilograms of gold thread and 60 kilograms of silver thread. Additionally, it features 54 gold-coated pieces, comprising the belt, Quranic verses, the door curtain, lantern-shaped pieces, and embellishments surrounding the Mizab and corners.

The Kiswa is adorned with 68 Quranic verses from 11 surahs, while the door curtain contains 763 words from the Quran. It is secured using 100 precisely positioned ropes, evenly distributed across all four sides of the Noble Kaaba.

The Kiswa stands over 14 metres tall and is made up of five main parts-four of which cover each side of the Kaaba, while the fifth forms the door curtain, embroidered with Quranic verses in gold and silver threads, crafted using precise techniques and profound expertise.

The occasion of replacing the Kiswa represents a continuation of the legacy established by the Kingdom of Saudi Arabia since the time of its founder, King Abdulaziz bin Abdulrahman Al Saud-may Allah have mercy upon him. It reaffirms the continuation of this blessed legacy under the direct care of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and his Deputy, His Royal Highness Crown Prince Muhammad bin Salman bin Abdulaziz-may Allah preserve them both. This initiative aligns with the national vision that emphasises excellence in the services provided to the visitors of the Sacred House of Allah.

Source: https://alharamain.gov.sa/public/?page=home_en

About the Authority:
An independent body overseeing the Grand Mosque and the Prophet’s Mosque.

Contact:
(+966) 8254241 – (+966) 0148233610
Unified Contact Centre: 1966

Contact Information

The General Authority for the Care of the Two Holy Mosques
Makkah
(+966) 0148233610

SOURCE: The General Authority for the Care of The Two Holy Mosques

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AUSTIN, TX / ACCESS Newswire / June 25, 2025 / In 2025, your logo doesn’t represent the brand. Your face does.

Consumers scroll past polished campaigns. Investors are starting to ignore flashy decks. What is stopping the scroll? What makes people pay attention, what’s actually driving real connection and a 7-figure ROI? The answer is a real person with a genuine story.

That’s not a theory. That’s what JJ Carter, Founder of Gldn PR, a disruptive and results-driven Public Relations firm, has built his company on. And it’s exactly what he recently unpacked in an exclusive interview with Stephen Skeel and Michael Ayjian, the Emmy®-winning founders of 7 Wonders Cinema, a video agency known for crafting the kind of brand stories that don’t just sell, they stick.

The Rise of the Founder-First Brand
What 7 Wonders and GLDN PR are both seeing is this: attention is no longer earned through production value alone. It’s earned through proximity and personality. The founder is now the funnel, responsible for driving narrative, building credibility, and commanding media presence in ways traditional branding can’t replicate.

“The stories that perform best, get shared most, and actually move people to action are always led by the founder,” says Michael Ayjian. “People are drawn to purpose. They want to hear from the person behind the product.”

This idea isn’t limited to big names or bold personalities. It’s playing out across industries from luxury goods to software, e-commerce to private equity. When founders step forward, audiences listen. When they stay hidden, brands struggle to connect.

The reason?

In a saturated, skeptical market, authenticity isn’t just appreciated, it’s required. And the most authentic thing any company can offer is the story of the person who is behind it all.

Why Founder-Led Storytelling Wins
The shift toward founder-led branding isn’t just a trend, it’s a measurable advantage. A 2024 Forbes analysis of startup marketing found that founder-led marketing builds stronger brand loyalty and deeper customer trust compared to traditional campaigns.

Long-form interviews, behind-the-scenes storytelling, and founder-led campaigns are outperforming polished ads across nearly every vertical. This approach is gaining traction not just in startups, but across VC-backed companies, DTC brands, and even legacy industries.

From Cold DMs to Billionaire Backyards
Perhaps the clearest example of this strategy in action came from an unexpected moment that has since become an industry case study.

Without any introduction, JJ Carter sent a cold DM to a billionaire real estate mogul, Jarek Tadla. No warm lead. No pitch deck. Just a strong brand presence and message that communicated credibility before a word was even exchanged.

What followed was a private, one-on-one meeting in Tadla’s own backyard where conversation flowed from media to mission, and a new network began to form.

From just a single encounter:
– The 7 Wonders founders were invited to appear on Tadla’s podcast
– Neelish Alwani of Timepiece Trading joined as a guest shortly after
– And just weeks later, Tadla appeared on “School of Hard Knocks” with James Dumoulin, a viral media platform amassing millions of views

All from one cold DM.

No paid sponsorships. No PR spend. Just personal authority leveraged at the right moment.

Why It Worked
This wasn’t luck. It was architecture.

In a media environment where attention is currency, Carter understood one thing: people don’t just respond to strategy. They respond to a story. That DM didn’t work because it was perfectly crafted. It worked because the personal brand behind it carried real weight. The credibility was already there. The trust was already built before the first message was ever sent.

The downstream results weren’t a fluke either. Tadla’s feature on School of Hard Knocks went on to reach millions of views across social media, generating buzz not only for his story but for the ecosystem of founders, creators, and brands that surrounded it. Visibility, relationships, and virality. All driven by proximity to one founder’s personal platform.

The New Playbook for 2025
What Carter and 7 Wonders are showing the industry isn’t a gimmick. It’s a shift.

In 2025, your founder story isn’t a side asset, it’s your engine to grow. Consumers want to buy from people they understand. Investors want to back people they believe in. And the media wants to amplify people who stand for something.

The brands getting outsized returns today aren’t always the ones with the biggest budgets, they’re the ones with the boldest people.

And while founder-led storytelling might sound like a buzzword, the results speak volumes:

– Higher engagement across content formats
– More inbound opportunities
– Faster & warmer trust from customers, partners, and talent
– And in some cases, access that money simply can’t buy

Final Thoughts
Whether you’re leading a billion-dollar company or building your first brand from scratch, the truth is the same:

“Your logo might represent your company. But your face is what makes people believe in it.” – Stephen Skeel with 7 Wonders.

The era of faceless marketing is over. The era of founder-led brands is here.

And for those willing to step forward, show up, and share the story behind the business?

The room is already waiting for you.

JJ Carter
jj@gldnagency.com
737 747-7625
Austin, Texas

SOURCE: JJ Carter

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• All matters presented for shareholder approval were overwhelmingly approved

TORONTO, ON / ACCESS Newswire / June 25, 2025 / Cerrado Gold Inc. (TSXV:CERT)(OTCQX:CRDOF) (“Cerrado” or the “Company”) is pleased to announce that at its Annual and Special Meeting of Shareholders (“Meeting”) held earlier today all matters presented to shareholders were overwhelmingly approved. Details of the voting results are set out below.

Meeting Voting Results

A total of 30,873,502 common shares were voted at the Meeting, representing 23.26% of the votes attached to all outstanding common shares of the Company. All matters presented for shareholder approval at the Meeting were duly authorized and approved as follows.

Election of Directors

The shareholders elected each of the nominees listed in the Company’s Management Proxy Circular. Details of the voting results are as follows:

Name	Votes For	%	Votes Withheld	%
Mark Brennan	23,263,662	98.874	264,857	1.126
Maria Virginia Anzola	23,249,796	98.815	278,723	1.185
Robert Campbell	23,267,162	98.889	261,357	1.111
Christopher Jones	23,263,662	98.874	264,857	1.126
Kurt Menchen	23,267,162	98.889	261,357	1.111
Rui Santos	23,267,162	98.889	261,357	1.111
Robert Sellars	23,265,496	98.882	263,023	1.118

Appointment of Auditor

McGovern Hurley LLP was appointed auditor of the Corporation and the directors of the Corporation were authorized to fix the auditor’s remuneration. Details of the voting results are as follows:

	Total Votes	% of Votes Cast
Votes in Favour	30,613,132	99.157
Votes Withheld	260,370	0.843

Amended and Restated Omnibus Incentive Plan

The resolution to approve the Amended and Restated Omnibus Incentive Plan of the Corporation was approved by disinterested shareholders. Details of the voting results are as follows:

	Total Votes	% of Votes Cast
Votes in Favour	12,238,058	96.396
Votes Against	453,229	3.570

About Cerrado

Cerrado Gold is a Toronto-based gold production, development, and exploration company. The Company is the 100% owner of the producing Minera Don Nicolás and Las Calandrias mine in Santa Cruz province, Argentina. In Portugal, the Company holds an 80% interest in the highly prospective Lagoa Salgada VMS project through its position in Redcorp – Empreendimentos Mineiros, Lda. In Canada, Cerrado Gold is developing its 100% owned Mont Sorcier Iron project located outside of Chibougamou, Quebec.

In Argentina, Cerrado is maximizing asset value at its Minera Don Nicolas (“MDN”) operation through continued operational optimization and is growing production through its operations at the Las Calandrias heap leach project. An extensive campaign of exploration is ongoing to further unlock potential resources in our highly prospective land package in the heart of the Deseado Masiff.

In Portugal, Cerrado is focused on the development and exploration of the highly prospective Lagoa Salgada VMS project located on the prolific Iberian Pyrite Belt in Portugal. The Lagoa Salgada project is a high-grade polymetallic project, demonstrating a typical mineralization endowment of zinc, copper, lead, tin, silver, and gold. Extensive exploration upside potential lies both near deposit and at prospective step-out targets across the large 7,209-hectare property concession. Located just 80km from Lisbon and surrounded by exceptional infrastructure, Lagoa Salgada offers a low-cost entry to a significant development and exploration opportunity, already showing its mineable scale and cashflow generation potential.

In Canada, Cerrado holds a 100% interest in the Mont Sorcier high purity high grade DRI Iron Ore project, which has the potential to produce a premium iron ore concentrate over a long mine life at low operating costs and low capital intensity. Furthermore, its high grade and high purity product facilitates the migration of steel producers from blast furnaces to electric arc furnaces, contributing to the decarbonization of the industry and the achievement of sustainable development goals.

For more information about Cerrado please visit our website at: www.cerradogold.com.

Mark Brennan
CEO and Chairman

Mike McAllister
Vice President, Investor Relations
Tel: +1-647-805-5662
mmcallister@cerradogold.com

Disclaimer

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE: Cerrado Gold Inc.

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VANCOUVER, BC AND BREDA, THE NETHERLANDS / ACCESS Newswire / June 25, 2025 / Organto Foods Inc. (TSX-V:OGO)(OTC PINK:OGOFF)(FSE:OGF) (“Organto” or “the Company”) today announced the results of its annual general meeting of shareholders (the “Meeting”), which was held earlier today.

65,975,601 common shares representing approximately 57.9% of eligible outstanding shares were voted at the Meeting, with all matters receiving in excess of 99% support.

At the Meeting, shareholders received the financial statements for the years ended December 31, 2024 and 2023, together with the auditor’s report thereon. In addition, Shareholders elected five directors: Steve Bromley, Peter Damouni, Peter Gianulis, Alejandro Maldonado and Joe Riz.

The shareholders also approved the appointment of Dale Matheson Carr-Hilton Labonte LLP, Chartered Professional Accountants, as Organto’s independent auditor for the ensuing year, and approved the Company’s Share Option and Restricted Share Unit Plans for continuation until the Company’s next Annual General Meeting.

ON BEHALF OF THE BOARD,

Steve Bromley
Chair and Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

For more information contact:

Investor Relations
info@organto.com
John Rathwell, Senior Vice President, Corporate Development and Investor Relations
647 629 0018

ABOUT ORGANTO

Organto is an integrated provider of branded, private label and distributed organic and non-GMO fruit and vegetable products using a strategic asset-light business model to serve a growing socially responsible and health-conscious consumer around the globe. Organto’s business model is rooted in its commitment to sustainable business practices focused on environmental responsibility and a commitment to the communities where it operates, its people and its shareholders.

SOURCE: Organto Foods, Inc.

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