Austral Gold Expanded Drilling Program

Austral Gold Expanded Drilling Program

Austral Gold Limited is pleased to announce the start of a new drilling campaign at the Casposo-Manantiales Project located in the province of San Juan, Argentina. The Company plans to drill approximately 4,000 metres of diamond drilling ("DD") in 16 DD holes. The focus of the drilling program is to follow up on the results achieved in previous drilling campaigns at the Manantiales vein disclosed in the 27 July 2022 and 26 October 2021 media releases. The drilling program plans to define the upside of the northern and southern ore-shoots and explore the potential to the South and North at the protected blocks related to the Vallecito reverse fault. To date, 2,313 metres were drilled in 12 DD holes and total exploration costs were US$1.2 million.

Exploration activities are also ongoing at the Cerro Amarillo Project, including mapping and sampling of trenches in the areas where we previously identified high-gold grades through rock-chip sampling (figure 3). The new drilling program is also expected to include three to four drill holes in the Cerro Amarillo Project to test mineralisation continuity at depth. In addition, following the news release dated 27 July 2022, the last four pending assays from Fabiola and Awada (Cerro Amarillo Project) were received and there are no significant results to report.

Chief Executive Officer, Stabro Kasaneva commented: "We are pleased to commence the next phase of diamond drilling at Casposo-Manantiales. We are doubling the number of metres to be drilled in this phase based on high gold grades of > 10 g/t received in our most recent drilling program. Austral Gold's objective at Casposo-Manantiales is to restart mining operations as we have established infrastructure including a 1,500 tpd crushing circuit agitation leach and Merrill Crowe processing plant, which is currently on care and maintenance."

Technical information in this media release that relates to Exploration Results is based on work supervised, or compiled on behalf of Robert Trzebski, a Director of the Company. Dr. Trzebski, who is a member of the Australasian Institute of Mining and Metallurgy (AusIMM) and qualifies as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves' consents to the inclusion of the technical information that he has reviewed and approved or has been compiled on his behalf.

Austral Gold Limited is a gold and silver explorer and mining producer whose strategy is to expand the life of its cash generating assets in Chile, restart its Casposo-Manantiales mine complex in Argentina and build a portfolio of quality assets in Chile, the USA and Argentina organically through exploration and via acquisitions and strategic partnerships. Austral owns a 100% interest in the Guanaco/Amancaya mines in Chile and the Casposo-Manantiales mine complex (currently on care and maintenance) in Argentina, a non-controlling interest in the Rawhide Mine in Nevada, USA and a non-controlling interest in Ensign Gold which holds the Mercur project in Utah, USA.

In addition, Austral owns an attractive portfolio of exploration projects in the Paleocene Belt in Chile (including those acquired in the 2021 acquisition of Revelo Resources Corp), a noncontrolling interest in Pampa Metals and a 100% interest in the Pingüino project and a 51% interest in the Sierra Blanca project, both in Santa Cruz, Argentina. Austral Gold Limited is listed on the TSX Venture Exchange (TSXV: AGLD) and the Australian Securities Exchange. (ASX: AGD).

Snapplify announces expansion in Australia

Snapplify announces expansion in Australia

Global edtech company Snapplify has officially expanded in Australia, bringing free e-library technology, educational resources, and time-saving teaching tools to the country. This follows the company's expansion across Africa and the UK, where Snapplify has offices.

Attending Melbourne Edtech Week last week, Snapplify CEO Wesley Lynch said: 'Our edtech solutions have been built to address challenges faced by educational institutions – meaning that we have focused on increasing access to top-quality content and resources; ensuring that educational materials can be accessed offline; empowering schools with integrated literacy intervention tools; and perhaps most importantly, saving teachers time so that they can do what they do best: teach.'

Recent research has suggested that Australian teachers' work has not only intensified in recent years, but that they have higher workloads and fewer resources than their global counterparts.

'Snapplify's technology is widely applicable and already being used by thousands of educational institutions (primary to tertiary) across 25+ countries,' notes Lynch.

With increased access to content and teaching resources, over 100 000 teachers are using Snapplify's solutions to promote reading, build 21st-century skills, and save time. 'We know we can make a positive impact to education in Australia and we're excited about building relationships here,' said Lynch.

Snapplify's edtech solutions allow educators and institutions to:

Buy and sell teacher-created resources via Snapplify's Teacha! resource marketplace (TeachaResources.com) for teachers and parents.

Run a free digital library alongside integrated, science-backed literacy and reading-skill development programmes.

Ensure student access on- and off-campus, and enable students to read and learn offline, on any device.

Increase accessibility of learning materials with accessibility features, including text-to-speech, large-print, and dyslexia fonts.

Utilise analytics to spot gaps and inform teaching strategies.

Centralise user management with single sign-on solutions and identity management that support institutions' existing active directory systems.

Make e-learning adoption easier by integrating with their favourite tools: from Google Classroom and Microsoft Teams, to Moodle, Canvas, D2L Brightspace, Blackboard, and hundreds more LMSes.

Established in South Africa in 2012, the company has seen impressive traction in recent years. In 2020, the company acquired Teacha! (www.TeachaResources.com), diversifying Snapplify's fast-growing educational portfolio, and highlighting the edtech company's already established position as a serious contender in the global e-learning market.

Snapplify is a global edtech company specialising in education technology solutions that take the 21st-century campus to the next level. Thousands of educational institutions around the world use Snapplify every day to teach, learn, and access educational content.

Established in 2012, the company has expanded into 25+ territories, with offices in South Africa, Kenya, Nigeria, Europe, the UK, and the US.

Snapplify's has received global recognition for its transformational education solutions. Most recently, Snapplify was an Edtech Awards (2022) finalist, was awarded an EdTech Breakthrough Award for Industry Leadership (2021); was a Bett Award (2020) finalist in the Innovator of the Year category; was shortlisted for the global Reimagine Education E-learning Award (2021) and named the overall winner of the Reimagine Education Africa Region Gold Award (2020 & 2021); and was included on the esteemed HolonIQ EdTech 50 list (2020 & 2021) – honours that are indicative of the company's calibre in tech innovations.

DHL Global Brisbane Airport Investment

DHL Global Brisbane Airport Investment

DHL Global Forwarding, the freight specialist arm of Deutsche Post DHL Group, held a groundbreaking ceremony today for its new 4,880 square meter facility in Brisbane Airport. DHL Global Forwarding is investing 17 million AUD (11 million EUR) over ten years for the new facility, and it houses the largest international cold chain services in Brisbane, to meet the fast-growing demand for perishables. The new facility will also support the growth of general cargo in Queensland, Australia and is set to be ready by early 2023.

George Lawson, Managing Director, DHL Global Forwarding Australia said, "The expansion of our facilities at Brisbane airport reflects the tremendous growth in exports, especially perishable food. Brisbane's economy is predicted to surge by 2031 and with this new facility, we are ready to support our customers growth."

Strategically located at Brisbane airport, the facility offers air side access, the first and only freight forwarder to have such access, and is close to the Port of Brisbane.

The new facility is a five green star rating according to the Green Building Council of Australia, featuring solar panels, reusable batteries to power most of the warehouse operations, rainwater harvesting and EV charging stations. Plans are also in the works to introduce carbon offsetting and insetting for a carbon neutral supply chain for customers.

"A lot of thought went into the design of the new operation. It will assist our customers trade efficiently. It is also a sustainable facility to help our customers achieve a greener supply chain," Lawson added.

The facility is also designed to support employees. Lachlan Elliot, Station Manager - Queensland, DHL Global Forwarding Australia said "We want this new facility to be a great place to work for our people. Interactive screens together with a flexible work space are designed to facilitate virtual and physical collaboration".

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 380,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as "The logistics company for the world".

DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 81 billion euros in 2021. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. Deutsche Post DHL Group aims to achieve zero-emissions logistics by 2050.

Digicel Sale to Telstra with funding from Australian Gov

Digicel Sale to Telstra with funding from Australian Gov

Digicel Group Holdings Limited ("DGHL" or "Digicel") is pleased to announce completion of the sale of Digicel Pacific Limited ("Digicel Pacific" or "DPL"), its wholly owned subsidiary, to a subsidiary of the Australian telecommunications company Telstra Corporation Limited, with funding from the Australian Government, through Export Finance Australia.

The transaction values Digicel Pacific at up to US$ 1.85 billion, inclusive of a three year, US$ 250 million earn-out, equating to approximately 8.3 times DPL's adjusted earnings before interest, tax, depreciation and amortisation of approximately US$ 222 million in the year ended March 31, 2021. A payment of US$ 1.6 billion, before deduction for customary working capital and other adjustments, is payable to DGHL upon closing of the transaction and Digicel expects to achieve the maximum earn out payment of US$ 50 million in respect of the first earn out period which is based on service revenue performance for the year ended March 31, 2022.

Digicel is also pleased to report that the Independent State of Papua New Guinea has agreed to enter into a binding international arbitration process to resolve the disputed one-time PGK 350 million (approximately US$ 99.4 million) exit tax and to waive a further PGK 50 million (approximately US$ 14.2 million) sought in respect of non-payment of the tax to date. As part of this process US$ 99.4 million has been placed in escrow on closing pending the outcome of the arbitration which will take place in Singapore.

Digicel Pacific operates in six markets in the South Pacific including Papua New Guinea, Fiji, Samoa, Vanuatu, Tonga and Nauru. There will be no change to the Digicel brand in the six markets and the current management team will remain with and continue to lead the business, delivering best in class telecommunications services to Digicel Pacific's valued customers through-out the region.

Commenting, Denis O'Brien, Digicel Founder and Chairman, said: "Having established our Pacific operations as a business start-up in 2005, we depart with enormous pride in a team that has made affordable best-in-class communications available to more than 10 million people across six of the most exciting economies in the region. I am deeply grateful to all our colleagues who contributed to this success and in particular, to our 1,700 staff in the Pacific who I know will continue to represent the Digicel brand with pride under new owners Telstra. We wish them every continued success for the future."

Commenting, Oliver Coughlan, Group Chief Executive, said: "Until 2020 I was privileged to serve as CEO of our Digicel Pacific operations over many years and to work with exceptional people at this highly performing, high growth business. They retain our appreciation and friendship. Post this transaction, Digicel is well positioned to support continuing growth in our well-invested networks in our 25 markets in the Caribbean and Central America."