Summit Group Responds To White Paper Citing Governance Issues In Bangladesh's Power And Energy Sector

Vancouver, BC, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Demesne Resources Ltd. (CSE:DEME) (OTCQB:DEMRF) (“ Demesne ” or the “ Company ”) is pleased to announce that it has completed the third tranche (the “ Third Tranche ”) of its previously announced non-brokered private placement financing (the “ Offering ”). Pursuant to the Third Tranche, the Company issued 1,660,000 common shares of the Company (“ Common Shares ”), at a price of $0.25 per Common Share for gross proceeds of approximately $415,000. The Company plans to complete a subsequent tranche of the Offering, for gross proceeds of up to $424,599 in January 2025. In connection with the Third Tranche, the Company paid finder’s fees to eligible finders consisting of $17,150 in cash and 68,600 Common Share purchase warrants (the “ Finder’s Warrants ”). Each Finder’s Warrant is exercisable to acquire one Common Share of capital of the Company at an exercise price of $0.25 per Common Share for a period of 12-months. Closing of the Offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the Canadian Securities Exchange (the “ CSE ”). The Company will use the net proceeds from the Offering to fund certain payments pursuant to an option agreement in connection with the IMA Mine Project, certain payments pursuant to an option agreement in connection with the Star Project, work program related expenses, marketing expenses, and for general working capital purposes. All securities issued in connection with the Third Tranche are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “ U.S. Securities Act ”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. ABOUT DEMESNE RESOURCES LTD. Demesne Resources Ltd. is a British Columbia based company involved in the acquisition and exploration of magnetite mineral properties. The Company's Star Project consists of five contiguous mineral titles covering an area of approximately 4,615.75 hectares located in the Skeena Mining Division, British Columbia, Canada. The Company has entered into an option agreement pursuant to which it is entitled to earn an undivided 100% interest in the Star Project. Demesne has also entered into an option agreement, pursuant to which it can acquire a 100% interest (subject to a 2% royalty) in and to the IMA Mine Project, a past producing underground tungsten mine situated on 22 patented claims located in East Central, Idaho, United States. Social media links: LinkedIn: https://www.linkedin.com/company/demesneresources/ X: https://x.com/demesneresource Facebook: https://www.facebook.com/DemesneResources Instagram: https://www.instagram.com/demesneresources/ YouTube: https://www.youtube.com/@demesneresources ON BEHALF OF THE BOARD OF DIRECTORS: Murray Nye ‎CEO 1055 West Georgia Street, Suite 1500 Vancouver, BC V6E 0B6 Canada For further information, please contact: Murray Nye, CEO Email: ir@demesneresources.com Phone: +1 (416) 300-7398 CSE:DEME OTCQB:DEMRF The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved the contents of this press release. This press release includes "forward-looking information" that is subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

Drones, planes or UFOs? Americans abuzz over mysterious New Jersey sightingsIn a thrilling matchup between the New York Knicks and the Toronto Raptors, the Knicks narrowly emerged victorious with a final score of 110-108. The game was marked by high intensity, close competition, and a heartbreaking injury to Knicks' forward, Harrison Barnes.

The man, whose identity has been kept confidential, was once a respected employee at a reputable company. However, his insatiable desire for recognition and status led him down a dark path. Fueled by the allure of power and prestige, he hatched a cunning plan to siphon off funds from the company's accounts, thinking that his actions would go undetected.Emily Ratajkowski stuns in plunging black dress after splitting from boyfriend Shaboozey

In the face of unprecedented challenges, bold and decisive action is needed to navigate the turbulent waters ahead. The potential release of public documents outlining new economic policies will offer valuable insights into the government's vision for economic recovery and growth. The stage is set for a new chapter in the ongoing saga of global economic resilience, with all eyes on the developments that may emerge from the recent closed-door meetings and subsequent policy announcements.Dembélé's unwavering stance can be traced back to his decision to reject surgery for a lingering injury, opting instead for a conservative approach to rehabilitation. This move, viewed as a bold and unconventional choice in the world of professional football, has raised eyebrows and drawn both criticism and admiration. Despite pressure from the club to undergo surgery and expedite his recovery, Dembélé has remained steadfast in his refusal, citing his own beliefs and preferences as the driving force behind his decision.

ScaleWings Aircraft and TacAero Announce Strategic Alliance to Support Iconic SW-51 MustangThe football world is often unforgiving, with players facing constant pressure to perform and meet expectations. Sensi's story serves as a stark reminder of the challenges athletes face in maintaining their value and reputation in a competitive industry.Sales rose this year during the holiday shopping season even as Americans wrestled with elevated prices for many groceries and other necessities, according to new data. Holiday sales from the beginning of November through Christmas Eve climbed 3.8%, outpacing the 3.1% increase from a year earlier, according to Mastercard SpendingPulse, which tracks all kinds of payments including cash and debit cards. The last five days of the season accounted for 10% of the spending. This year, retailers were even more under the gun to get shoppers in to buy early and in bulk since there were five fewer days between Thanksgiving and Christmas. Michelle Meyer, chief economist at Mastercard Economics Institute, said the holiday shopping season “revealed a consumer who is willing and able to spend but driven by a search for value” as seen by concentrated online spending during the biggest promotional periods. Sales growth was higher than the 3.2% increase Mastercard SpendingPulse had projected this fall. The data released Thursday excludes the automotive industry and is not adjusted for inflation. Clothing sales rose 3.6%, with most of the growth being fueled by online shopping. Spending on restaurants, and sales of electronics and jewelry also grew. Online sales jumped 6.7% from a year ago and in-person spending rose 2.9%. Consumer spending accounts for nearly 70% of U.S. economic activity and economists carefully monitor how Americans use their money, particularly during the holidays, to gauge how they’re feeling financially. The most recent government data on consumer spending, released on Dec. 17, showed shoppers stepped up activity at retail stores last month. But auto dealer sales drove most of those gains as huge storms created a need for new cars in parts of the southeast slammed by Hurricane Helene in October. Big discounts at many retail chains also attracted shoppers. But the report also hinted at some consumer caution as sales at grocery stores, clothing shops, and restaurants fell. Outside of car dealers and online retailers, sales gains were modest. Retailers felt more pressure this year due to the shorter holiday shopping period, and also from a presidential election that captured the attention of many consumers. Sales of general merchandise slid 9% in the two weeks ended Nov. 9, according to Circana, a market research group. Sales have been rebounding but stores will have to make up for those losses. A broader picture of how Americans are spending their money arrives next month when the National Retail Federation, the nation’s largest retail trade group, releases its combined two-month statistics based on November-December sales figures from the Commerce Department. The group expects that shoppers will have made $979.5 billion to $989 billion worth of purchases in November and December, which would represent a 2.5%-3.5% increase over the same two-month period a year ago. That would be a slower rate than the 3.9% increase from holiday 2023 over holiday 2022 season. Overall, retailers had a decent start to the unofficial kickoff to the holiday shopping period despite lots of discounts that started as early as October. Sales rose this year during the holiday shopping season even Stock indexes drifted to a mixed finish on Wall Street Large fossil fuel companies would have to pay fees to A Nebraska man is getting title to his home back,

As the financial world holds its breath, awaiting news of the next steps in this unfolding drama, one thing remains clear: the path forward will be shaped by the decisions made behind closed doors and the policies that emerge in the days and weeks to come. The world watches and waits, ready to adapt to whatever new economic landscape may lie ahead.Title: Riding the Heat of "I Am a Detective": Blogger Claims to Be "Zhou Kehua's Lover", Lawyer: Illegal! Authenticity Pending Verification

The student herself remained silent on the matter, fueling speculation and mistrust among the villagers. Some questioned her motives for seeking refuge in the village, while others expressed concern for her well-being and urged for a thorough investigation to uncover the truth.

Despite the overall decrease in consumer prices, it is important to consider the impact on different groups within the population. While lower prices may benefit consumers in the short term by increasing their purchasing power, it may also have implications for producers and businesses operating in the food sector. Fluctuating prices can disrupt supply chains, affect profit margins, and lead to changes in production levels, which in turn can have broader economic implications.

Sosuke Aizen, the former captain of the Fifth Division in the Gotei 13, is a master manipulator and one of the most formidable villains in the Bleach universe. With his trademark glasses and calm demeanor, Aizen's intelligence and power are unmatched, making him a captivating and complex character that fans love to hate.

Recently, the Chinese yuan has been on a strong upward trajectory, breaking through the key level of 7.25 against the US dollar. This rapid appreciation of the yuan has caught the attention of financial markets around the world and is seen as a significant development in the currency market.

AP Trending SummaryBrief at 5:52 p.m. ESTEL SEGUNDO, Calif. (AP) — Despite dealing with his share of injuries and learning a new offense, Justin Herbert is on one of the NFL's longest streaks without throwing an interception. Herbert enters the Los Angeles Chargers' game against the Tampa Bay Buccaneers on Sunday having thrown 335 passes without a pick. That's the fifth-longest run in league history. Aaron Rodgers holds the record of 402 for Green Bay in 2018. “It’s one of those things where you go play quarterback and you’re not worried about it. If I throw an interception, it is what it is,” Herbert said. “I’m doing everything I can to take care of the ball and make sure that I’m not putting the team in harm’s way. At the end of the day, you got to be aggressive downfield and you got to take your shots.” Herbert suffered a sprained left ankle and bruised left leg in last Sunday's 19-17 loss at Kansas City . He practiced Thursday after sitting out Wednesday. Herbert — whose last interception came midway through the first quarter on Sept. 15 at Carolina — has also joined Tom Brady as the only players who have not thrown an interception in 11 straight games with a minimum of 15 attempts in each. Brady accomplished the feat with New England in 2010. “It's pretty amazing. I said to him the other day, ‘Thank you for not having us overcome some interceptions.’ It's huge and has kept us in a lot of games,” offensive coordinator Greg Roman said. “You have a smart quarterback that is trying to win the game. He's not trying to win stats and understands the importance of taking care of the football.” Herbert will face a Tampa Bay defense that has only six interceptions, tied for sixth fewest in the league. “He does a great job taking care of the football and understanding the offense," Tampa Bay coach Todd Bowles said. “If it’s not there, he can use his legs; if it’s there, he’s got a cannon of an arm. He can zip it in. He trusts his receivers — they do a good job of mixing it up.” The Chargers (8-5) have dropped two of their past three, but hold the second wild card spot in the AFC. The Bucs (7-6) have won three straight since their Week 11 bye, which gave them a chance to regroup following a stretch in which they lost five of six. All of the victories, which have carried them back to the top of the NFC South, have come against last-place teams (Giants, Panthers, Raiders). Tampa Bay’s Baker Mayfield has already matched a career high with 28 touchdown passes, but he hasn’t done as good a job of protecting the ball as he did a year ago. He’s thrown more interceptions through 13 games (13) than he did in 17 games (10) a year ago. He threw for 295 yards and three TDs during last week’s 28-13 win over Las Vegas , yet also turned the ball over three times to help the Raiders keep it close until the fourth quarter. “We have to understand, especially when we’re in the red zone and we’re in the scoring territory, we can’t turn it over. That’s No. 1,” Bowles said. “You don’t like the turnovers, period. Every now and then they can happen, but we have to do a better job taking care of the football as an offensive staff, period,” Bowles added. “Between the coaches and the players, we need to do a better job of focusing on exactly what we want to get done, how we need to get it done, and make sure we execute it every play. It’s not just on Baker, it’s on everybody.” Los Angeles leads the league in scoring defense, allowing 15.9 points per game. It is also fifth in sacks (39) and three-and-out percentage (24.3%) and seventh in third-down defense. “They’re really gap sound,” Mayfield said. “They don’t get bad eyes down there. Everybody does their part in whatever the play's called. Nobody tries to do too much and then like I said earlier, they fly to the ball. They don’t let you get explosives. Obviously, in the red zone, they’re closing windows pretty quick.” The Bucs are 7-1 in December and January regular-season games dating to last season and 19-5 in those games going back to 2020. The Chargers are the only opponent with a winning record that Tampa Bay will face over the final seven weeks of the season. Tampa Bay's running backs catching the ball out of the backfield. The Bucs are second in the league in receptions by running backs (85), first in receiving yards (726) and tied for the league lead with six touchdowns. Rachaad White is fourth among backs in yards after the catch with 420. He has 41 catches, and Bucky Irving has 36. “They're similar in the sense they can do the same things but different in style. They're both really shifty,” Chargers defensive coordinator Jesse Minter said. “The goal of offense is to get the ball to people in space with angles on blockers. They do a good of that.” AP Sports Writer Fred Goodall in Tampa, Florida, contributed to this report. AP NFL: https://apnews.com/hub/nfl