TSXV – BEN.H

VANCOUVER, BC, Sept. 27, 2024 /CNW/ – (TSXV: BEN.H) (the “Company”) is pleased to announce, further to the Company’s news release dated September 3, 2024, that it has entered into a definitive agreement dated September 27, 2024 (the “Agreement”), to acquire a 100% interest in the El Quevar project (the “Transaction”). The El Quevar project is located in Salta province, Argentina, a renowned mining region and is owned by Silex Argentina S.A., a wholly owned subsidiary of Golden Minerals Company (“Golden”), a publicly listed company. The Company will complete the acquisition through the purchase of 100% of the issued and outstanding shares of Silex Argentina S.A. for total consideration of USD$3,500,000 in cash. In connection with the Transaction, and further to the Company’s news release dated September 20, 2024, the Company has completed a concurrent non-brokered private placement for gross proceeds of $15,270,230. A second deposit of USD$500,000 has been paid to Golden today.

Closing of the Transaction is subject to a number of conditions including receipt of all required corporate, regulatory and third party consents, including TSX Venture Exchange approval, and satisfaction of other customary closing conditions. There can be no assurance that the Transaction will be completed as proposed or at all. 

On behalf of BUTTE ENERGY INC.

“Geir Liland”
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 release.

Certain statements and information herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to: the proposed acquisition of the El Quevar project.

Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These risk factors include, but are not limited to: the acquisition of the El Quevar project may not be completed as currently anticipated, or at all; exploration and development of the El Quevar project may not result in any commercially successful outcome for the Company; the conditions to acquire the El Quevar project may not be met as currently contemplated, or at all; risks associated with the business of the Company; business and economic conditions in the mining industry generally; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting mining concessions); and other risk factors as detailed from time to time.

The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

(1) Source: El Quevar Mineral Resource Estimate. Golden Minerals Company, filed on SEDAR+, February 26, 2018. Butte Energy intends on filing a current NI 43-101 technical report compliant resource estimate prior to or in conjunction with the closing of the Transaction.

SOURCE Butte Energy Inc.

SHANGHAI, Sept. 27, 2024 /PRNewswire/ — 111, Inc. (“111” or the “Company”) (NASDAQ: YI), a leading tech-enabled healthcare platform company committed to reshaping the value chain of healthcare industry by digitally empowering the upstream and downstream in China, today announced it has received a notification letter dated September 26, 2024 (the “Notice”) from the staff of the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), indicating that for the last 30 consecutive business days, the closing bid price of the Company’s American depositary shares (the “ADSs”) was below the minimum bid price of US$1.00 per share requirement set forth in Nasdaq Listing Rule 5450(a)(1). The Notice has no current effect on the listing or trading of the Company’s ADSs on Nasdaq.

Pursuant to the Nasdaq Listing Rules 5810(c)(3)(A), the Company is provided with a compliance period of 180 calendar days, or until March 24, 2025, to regain compliance under the Nasdaq Listing Rules. If at any time during the 180-day compliance period, the closing bid price of the Company’s ADSs is US$1.00 per share or higher for a minimum of ten consecutive business days, Nasdaq will provide the Company written confirmation of compliance and the matter will be closed. In the event the Company does not regain compliance by March 24, 2025, subject to the determination by the staff of Nasdaq, the Company may be eligible for an additional 180-day compliance period.

The Company’s business operations are not affected by the Nasdaq notification letter. The Company intends to monitor the closing bid price of its ADSs between now and March 24, 2025 and will take all reasonable measures in order to regain compliance with the Nasdaq minimum bid price requirement.

Forward-Looking Statements

This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “target,” “confident” and similar statements. 111 may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Such statements are based upon management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control. Forward-looking statements involve inherent risks, uncertainties and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, uncertainties as to the Company’s ability comply with extensive and evolving regulatory requirements, its ability to compete effectively in the evolving PRC general health and wellness market, its ability to manage the growth of its business and expansion plans, its ability to achieve or maintain profitability in the future, its ability to control the risks associated with its pharmaceutical retail and wholesale businesses, and the Company’s ability to meet the standards necessary to maintain listing of its ADSs on the Nasdaq Global Market, including its ability to cure any non-compliance with Nasdaq’s continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and 111 does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

About 111, Inc.

111, Inc. (NASDAQ: YI) (“111” or the “Company”) is a leading tech-enabled healthcare platform company committed to reshaping the value chain of healthcare industry by digitally empowering the upstream and downstream in China. The Company provides consumers with better access to pharmaceutical products and healthcare services directly through its online retail pharmacy, 1 Pharmacy, and indirectly through its offline virtual pharmacy network. The Company also offers online healthcare services through its internet hospital, 1 Clinic, which provides consumers with cost-effective and convenient online consultation, electronic prescription service, and patient management service. In addition, the Company’s online platform, 1 Medicine, serves as a one-stop shop for pharmacies to source a vast selection of pharmaceutical products. With the largest virtual pharmacy network in China, 111 enables offline pharmacies to better serve their customers with cloud-based services. 111 also provides an omni-channel drug commercialization platform to its strategic partners, which includes services such as digital marketing, patient education, data analytics, and pricing monitoring.

For more information on 111, please visit: http://ir.111.com.cn/. 

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SOURCE 111, Inc.

Rebel Wilson, Hiroshi Fujiwara Confirmed to Attend

Critically Acclaimed MAISON YOSHIKI PARIS Show at Milan Fashion Week Has Garnered 10M Views on YouTube

Paris Event Follows YOSHIKI’s Performance Honoring Miky Lee, Vice Chairwoman of CJ Group, at Global Citizen Awards in NY

LOS ANGELES, Sept. 27, 2024 /PRNewswire/ — Anticipation continues to mount for the debut of MAISON YOSHIKI PARIS at Paris Fashion Week, where global superstar YOSHIKI will present his latest ready-to-wear collection on September 30 at Palais de Chaillot. YOSHIKI has already solidified his reputation for pushing boundaries with his genderless style and breathtaking presentations. Celebrities including actress Rebel Wilson and streetwear legend Hiroshi Fujiwara are confirmed to attend.

YOSHIKI stunned the worlds of fashion and rock music after he debuted MAISON YOSHIKI PARIS at Milan Fashion Week earlier this year. The debut received overwhelming attention from major fashion media around the world including Vogue who said, “At MAISON YOSHIKI, modern tailoring and hard-edge details make perfect harmony.” FAB UK called it “cutting-edge”, and Rain Magazine dubbed the collection “a new era in fashion” and “a beacon of innovation and elegance.”

The video of the dramatic runway show in Milan is still garnering attention and has been viewed over 10 million times on YouTube.

VIDEO: MAISON YOSHIKI PARIS at Milan Fashion Week 24/25 (Full Show)
https://youtu.be/gVBknbEPi3Y

YOSHIKI’s upcoming Paris Fashion Week show is the latest event in his whirlwind schedule, including a series of sold-out dinner shows in Japan last month and recording sessions in his L.A. studio for several upcoming releases, like the highly anticipated international theme song to celebrate Hello Kitty’s 50th anniversary.

Earlier this week, YOSHIKI was also invited to perform at the Atlantic Council’s Global Citizen Awards in NY, as a special guest of honoree Miky Lee, Vice Chairwoman of CJ Group, who is credited with playing a significant role in elevating the international influence of Korean culture including serving as the Executive Producer of the Academy Award winning film Parasite and Academy-Award nominated film Past Lives. YOSHIKI gave a solo piano performance of his chart-topping X JAPAN song “Endless Rain” to an audience of the world’s top industry and government leaders, including co-founder of DreamWorks SKG Jeffrey Katzenberg and Pachinko author Min Jin Lee.

The prestigious event, which was held during the 2024 United Nations General Assembly, will be broadcast starting Thursday, October 3, at 9:00am ET at https://www.atlanticcouncil.org/global-citizen-awards/

ABOUT YOSHIKI

YOSHIKI is a composer, classically trained pianist, rock drummer, and the leader of the rock group X Japan. YOSHIKI was named “one of the most influential musicians and composers in Japanese history” by Consequence and is described by Billboard as “a musical innovator”.

In addition to MAISON YOSHIKI PARIS, the multi-faceted creator has introduced a new collection of crystal stemware in collaboration with French crystal maker Baccarat. YOSHIKI’s collaboration with Baccarat began in 2021 when he was selected as one of the designers to commemorate Baccarat’s 180th anniversary in 2021.This project also stems from YOSHIKI’s creation of Y by YOSHIKI wine with the Mondavi family in Napa, California, and the establishment of YOSHIKI’s own premiere Champagne brand with renowned French house POMMERY.

YOSHIKI launched Yoshikimono in 2009 as a fusion of tradition and innovation. Yoshikimono was chosen to be displayed at the prestigious V&A Museum in London and at the Musée du Quai Branly – Jacques Chirac in Paris alongside works from other prominent fashion designers Alexander McQueen, Yves Saint Laurent, Jean-Paul Gaultier, and John Galliano. YOSHIKIMONO has headlined Tokyo Fashion Week multiple times since 2015, and he is the first Japanese male talent to be featured on the cover of Vogue Japan.

In 2023, YOSHIKI’s directorial debut feature film YOSHIKI: Under the Sky premiered in New York, Tokyo, London, and Los Angeles, followed by showings in over 130 theaters in the U.S., Europe, and Japan.

MAISON YOSHIKI PARIS
Official Website: https://www.maisonyoshikiparis.com/
Instagram: https://www.instagram.com/maisonyoshiki/

YOSHIKI
Official Website: https://www.yoshiki.net/
Instagram: https://www.instagram.com/yoshikiofficial/
YouTube: https://www.youtube.com/yoshiki

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SOURCE YOSHIKI