
( MENAFN - GlobeNewsWire - Nasdaq) TORONTO, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Matador Technologies Inc. (“ Matador ” or the“ Company ”) wishes to issue a correction related to its previously announced press release dated December 12, 2024, (the " Release ") in which the Company indicated it is focusing on digitizing real-world assets on the bitcoin blockchain, and strategically deploying Bitcoin into other high potential projects building on top of the Bitcoin network. While Matador believes in the potential of utilizing blockchain for data management, scalability, and to incentivize young buyers to participate in the gold market, it has no definitive plans to adopt digitized assets in its service offerings or build on top of the Bitcoin network at this present time, other than in its proprietary application for the purchase and sale of gold. Matador's focus at the present time remains the development of its proprietary application for the purchase and sale of gold, as disclosed in its filing statement dated November 29, 2024, (the " Filing Statement ") which continues to be on target for launch in early 2025. At current, the Company plans to incorporate blockchain-based data management technologies in the development of its proprietary application in order to enhance transparency and security, and ensure that transaction data is immutable, easily auditable, and decentralized, to protect against tampering and unauthorized access. To the extent that Matador determines to implement other operations related to Bitcoin or other blockchain technologies, such operations will be subject to the TSX Venture Exchange and applicable regulatory approvals. The Release contains statements attributed to Sunny Ray and Deven Soni, and the 'About Matador' section, which are inconsistent with the business description of Matador as disclosed to the TSX Venture Exchange and as outlined in the Filing Statement. While the Company remains excited for future potential prospects associated with the Bitcoin ecosystem, Matador is currently focused solely upon its proprietary application for the purchase and sale of gold. For greater certainty, the following section is to replace the 'About Matador' section in the Release: About Matador Technologies Inc. The Company was incorporated under the ABCA on November 1, 2021, and its registered and head office are located at 40 King St. West, Suite 2400, P.O. Box #215, Toronto, Ontario, M5H 3Y2. The Company aims to democratize the gold buying experience, combining the best of modern technology and time-proven assets, to create an app that will allow users to buy, sell, and store gold 24/7, with the added security and flexibility of an encrypted mobile application. For additional information, please contact: Matador Investor Relations Contact: Sunny Ray E: ...ork P: 647.297.4760 Connect with Matador: Website | Linkedin | Cautionary Statement Regarding Forward-Looking Information 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 RELEASE. This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction. This news release contains certain forward-looking statements, including statements relating to whether or not the Company engages in any future operations related to Bitcoin Ordinals or other blockchain technologies, and other statements that are not historical facts. Wherever possible, words such as“may”,“will”,“should”,“could”,“expect”,“plan”,“intend”,“anticipate”,“believe”,“estimate”,“predict” or“potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof. Forward-looking statements involve significant risk, uncertainties and assumptions, including regulatory approvals and the availability of financing. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law. MENAFN12122024004107003653ID1108988672 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Nonehas come up with an answer to homelessness in Ontario. The premier’s plan won’t put homeless people in houses. It will put them in jails. At the very time this country has decriminalized marijuana use, this province is now criminalizing drug use by homeless people. New legislation that targets homeless encampments, unveiled Thursday by his Progressive Conservative government, renders Ford as the enforcer. If passed into law, it would authorize police dragnets that sweep into parks to clear out the interlopers and throw drug users or repeat offenders into jail for six months with fines of up to $10,000 (leaving the impoverished with a life sentence of indebtedness). Instead of a comprehensive solution to the housing crisis, the premier has contented himself with half-measures. It is a missed opportunity that will only amplify human misery, jamming our jails with people looking for a roof over their head. Governments of the left, centre and right all pay lip service to homelessness without ever solving it. Ford had an opportunity this week to do it differently, by doing something difficult. And finally getting it done. The premier could have surprised his critics by announcing an ambitious, double-barrelled approach — quickly removing tent encampments from public parks, while rapidly finding and funding a place for homeless people to shelter and live. He didn’t get it done. Make no mistake, there’s plenty of blame to go around municipally, provincially and federally for our quintessentially Canadian variety of performative rhetoric and perennial inertia. But by playing tough guy, instead of making the tough but necessary decisions to truly help people on both sides of the divide — the housed and the unhoused — he could make matters worse. Ford could have justified his hard-line tactics by blending tough love with generous support. If he had in the same breath given the province’s swelling ranks of homeless people the gift of a safe place to go, a sanctuary where they would be protected from the cold and safeguarded from crime, the premier could have cast it as a holistic, albeit harsh emergency measure. No such thing. On the same day he announced a crackdown, the premier telegraphed he would let the homeless slip through the cracks. To clear encampments from our parks, there will be plenty of might but not much money to see them off safely. The premier’s plan should have been a massive Marshall Plan, akin to the unprecedented postwar investment to rebuild Europe at a time of widespread destruction and, yes, homelessness. On the eve of an expected election, in the wake of a massive tax rebate giveaway just announced by Ford’s Tories, I thought this government would show the wisdom to spare no expense. How much more new money is the Ford government investing in homelessness? A paltry $75.5 million, spread across a province of 16 million people and 444 municipalities. That is a rounding error in a province whose annual budget exceeds $214 billion — 0.035 per cent, to be precise. The amount is an insult coming from a premier who has just gifted the happily housed people of Ontario with $200 rebate cheques for all, at a cost of more than $2 billion to the treasury, on top of billions of dollars in foregone revenues from rebated gas taxes, license plate fees and road tolls. On enforcement there is egregious overreach, but on funding there is only tight-fisted short-sightedness. The math is undeniable and the misery is inexorable. There are thousands of homeless people across the province — mostly in the big boom towns like Toronto and Ottawa, but also in the smaller suffering cities like London and Windsor — who have nowhere to go. Which is to say, they don’t have homes to go to. Nor do they have shelters to sleep in — there simply isn’t enough emergency capacity. The premier could have surprised us by showing the leadership that others, of the left and right, have lacked. He should have announced a massive, multibillion-dollar campaign to take homeless people off our streets, out of our parks, and off our transit systems — while also giving them a place to stay by bankrolling a massive shelter system on an urgent basis. That could mean putting people anywhere and everywhere necessary — from armouries to tent cities — but temporary measures are better than half measures. And they are unavoidable in a time of unprecedented drug use and unapologetic encampment tactics. Instead of a double-barrelled strategy of humanity and hard-headed decision-making, Ford’s half-measure looks suspiciously like a political wedge being driven between the housed and unhoused. By introducing this plan on the last day of the legislative sitting before the Christmas break — potentially on the eve of a snap winter election campaign — the Tories appear to be pandering to voters with a proposal that will serve as a campaign slogan but never make it into law. This isn’t a crusade against homelessness. It’s a phoney war — a wedge — waged against homeless people by yet another government that lacks the resolve to find and fund solutions.outh Korean President Yoon Suk Yeol said on Wednesday he would lift a surprise martial law declaration he had imposed just hours before, backing down in a standoff with parliament which roundly rejected his attempt to ban political activity and censor the media. In South Korea's biggest political crisis in decades, Yoon shocked the nation and declared martial law on Tuesday night to thwart "anti-state forces" among his domestic political opponents. But outraged lawmakers unanimously rejected the decree. Yonhap news agency said the cabinet had agreed early on Wednesday to scrap the martial law. Protesters outside the National Assembly parliament shouted and clapped. “We won!” they chanted, and one demonstrator banged on a drum. The main opposition Democratic Party called for Yoon, who has been in office since 2022, to resign or face impeachment. “Even if martial law is lifted, he cannot avoid treason charges. It was clearly revealed to the entire nation that President Yoon could no longer run the country normally. He should step down," senior DP member of parliament Park Chan-dae said in a statement. "South Korea as a nation dodged a bullet, but President Yoon may have shot himself in the foot," said Danny Russel, vice president of the Asia Society Policy Institute think tank in the United States. The South Korean won currency came off a more than two-year low against the dollar after Yoon's reversal, while exchange traded funds linked to South Korean stocks similarly cut losses. Yoon's surprise declaration of martial law, which he cast as aimed at his political foes, was voted down by 190 lawmakers in parliament. His own party urged him to lift the decree. Under South Korean law, the president must immediately lift martial law if parliament demands it by a majority vote. The crisis in a country that has been a democracy since the 1980s, and is a US ally and major Asian economy, caused international alarm. After Yoon's announcement of martial law in a TV address, South Korea's military had said activities by parliament and political parties would be banned, and that media and publishers would be under the control of the martial law command. Helmeted troops briefly tried to enter the parliament building. Parliamentary aides were seen trying to push the soldiers back by spraying fire extinguishers. The White House said it was pleased Yoon had backed down. “We are relieved President Yoon has reversed course on his concerning declaration of martial law and respected the... National Assembly’s vote to end it," a White House spokesperson said. Earlier, US Deputy Secretary of State Kurt Campbell said the United States was watching events in South Korea with "grave concern." Some 28,500 US troops are stationed in South Korea to guard against the nuclear-armed North. Yoon did not cite any specific threat from the North, instead focusing on his domestic political opponents. It was the first time since 1980 that martial law has been declared in South Korea. Russel, who was the top US diplomat for East Asia under former President Barack Obama, said South Korea was now looking at the prospect of snap elections. "Political uncertainty and domestic strife in South Korea is not our friend. Political uncertainty and domestic strife in South Korea is North Korea’s friend, however. You can be sure that North Korea is licking its chops," he said. Yoon, a career prosecutor, squeezed out a victory in the tightest presidential election in South Korean history in 2022. He rode a wave of discontent over economic policy, scandals and gender wars, aiming to reshape the political future of Asia's fourth-largest economy. But he has been unpopular, with his support ratings hovering at around 20 percent for months. His People Power Party suffered a landslide defeat at a parliamentary election in April this year, ceding control of the unicameral assembly to opposition parties that captured nearly two-thirds of the seats. There have been more than a dozen instances of martial law being declared since South Korea was established as a republic in 1948. In 1980, a group of military officers led by Chun Doo-hwan forced then-President Choi Kyu-hah to proclaim martial law to crush calls by the opposition, labor and students for the restoration of democratic government.
Trump should let SCOTUS back bans on puberty blockers for gender-confused kidsMichail Antonio had video call with West Ham team before their win over Wolves
As the Boston Red Sox , in the first full month of the MLB offseason, look for options to fill some of their biggest holes before the start of the 2025 season, a new name has been linked to the club. According to MLB Insider Michael Rodriguez, Boston has shown interest in former Oakland Athletics reliever Dany Jimenez. "Dany Jimenez has attracted the attention of several teams in the market, including Atlanta, Boston, and others," Rodriguez wrote on social media (transcribed). "Throughout his career, Jimenez has recorded an ERA of 3.93 playing for the San Francisco and Oakland teams. Currently, he is competing with the team #Licey in the Dominican Republic Winter Baseball League. #DanyJimenez" Jimenez, 30, signed with the Toronto Blue Jays in 2015 and after the 2019 season, he was selected by the San Francisco Giants in the Rule 5 draft. He made his debut with the team the following year. After 2020, the Athletics selected Jimenez in the Rule 5 draft and signed a minor league deal with the club after the 2021 season. Over the last three seasons with Oakland, Jimenez has posted a 3.89 ERA and a 1.272 WHIP in 83 1/3 innings over 84 appearances. Last year was his worst in the majors thus far, as he recorded a 4.91 ERA and a 1.558 WHIP in 25 2/3 innings. Boston needs to revamp their bullpen in the next few months, and the duo of chief baseball officer Craig Breslow and pitching coach Andrew Bailey could target Jimenez as a player who could benefit from working in their system. MORE RED SOX NEWS Latest Juan Soto report is good news for Boston Red Sox projected trade offer for All-Star starter is expensive MLB insider believes Red Sox could acquire TWO top pitchers Red Sox lose LHP on waivers to AL Central clubCity Council steps in to halt any possible demolition of Joe Frazier's gym
APC's RETM Sustainable Packaging Portfolio Expands with Another Designed for Recycle Technology COLUMBUS, Wis. , Dec. 9, 2024 /PRNewswire/ -- American Packaging Corporation (APC), a leader in flexible packaging solutions, announced another expansion of APC's RETM Sustainable Packaging portfolio, with the addition of new high performance, paper-based packaging technologies that are targeted for curbside recyclability, while providing excellent product protection levels that extend shelf life, protect product flavor, and maintain product freshness. In repulping tests conducted by Western Michigan University , over 85% of APC's high performance paper packaging is recovered. This recycle-ready technology is targeted to offer a positive end-of-life alternative for conventional, non-recyclable packaging structures such as Paper/PE/Foil/PE laminate structures and can be used in both heat seal and cold seal packaging formats. APC's high performance paper provides both sustainable and eco-friendly benefits offering greater than 30% reduction in carbon footprint. The technology offers several features and benefits, including PVDC-free, grease and aroma resistant, and high MVTR and OTR barriers. These performance attributes make APC's recycle ready, high performance paper packaging suitable for stand up pouches and flat pouches especially for dry goods such as seasonings, spices, coffee, powdered drinks and drink enhancements, cookies, crackers, cereal bars and baking mixes. APC's new designed for recycle, high performance paper technology was unveiled at Pack Expo Chicago 2024 at APC's Lounge & Learn event. For more information about APC's recycle ready, high performance paper packaging and samples, please contact American Packaging at info@americanpackaging.com or 515-733-1406. About American Packaging Corporation : Founded in 1902, American Packaging Corporation is a recognized leader in the flexible packaging industry. Family-owned, APC distinguishes itself by investing in state-of-the-art facilities and capabilities, delivering packaging innovation, promoting sustainable products and practices, and focusing customer delight. Today, APC operates six Centers of Excellence in the United States and employs approximately 1,300 talented, motivated professionals. For more information, please visit https://americanpackaging.com/ MEDIA CONTACT Teri Meadow , Director of Corporate Marketing American Packaging Corporation E-mail: TMeadow@americanpackaging.com View original content to download multimedia: https://www.prnewswire.com/news-releases/american-packaging-corporation-advances-recycle-ready-high-performance-paper-packaging-302326752.html SOURCE American Packaging CorporationRay Hadley’s emotional moment during last day on air
Joy of Six! Igamane stars as Rangers thrash Killie to ease pressure on boss Clement ahead of AGMTyreek Hill sparks retirement rumors after cryptic social media post
Ongoing Israel-Gaza war: Views from Indian MuslimsExercise solutions for busy people