PayPal, Prismo Metals, Rheinmetall – Strategic Decisions for the Future

PayPal launches new business segment, "PayPal Ads," in the US using transaction data

The online payment service PayPal has announced the launch of a new advertising network in the US. The Company aims to offer advertisers access to transaction data from its approximately 429 million active user accounts. Starting immediately, brands and agencies can place ads on PayPal platforms such as PayPal itself, the Venmo payment service, and the discount tool Honey. Next year, the network is to be expanded to include the websites of over 30 million merchants that use PayPal as a payment method.

Senior Vice President Mark Grether heads the new PayPal Ads division. He previously managed Uber's advertising business. Grether sees a major advantage in the fact that PayPal can offer campaigns across platforms, whereas advertisers often had to negotiate with each retailer separately in the past.

Experts estimate that this year, as much as one in seven advertising dollars in the US will flow into retail media. In addition to the broad reach, PayPal also wants to offer advertisers insights into market shares and competitive comparisons. The payment company plans to expand to video advertising, self-service tools, and other markets, such as the UK and Germany, by 2025.

The opening of this new business segment is another strategic move by the new CEO, Alex Chriss, who aims to make PayPal more agile. In the last six months, the PayPal share price rose by 19.7%. The stock is currently trading at EUR 73.46.

Prismo Metals sees share price rise and starts drilling program

The share of copper and precious metals explorer Prismo Metals has risen 31.71% in the last 30 days because demand for copper is booming. E-mobility is a key driver, as many e-vehicles require copper. Renewable energies such as wind and solar plants are additionally increasing demand. Digitization and 5G expansion also require large quantities of the metal. The growth-stage exploration company is led by experienced mining professionals. The Company has already achieved promising results from initial exploration activities. Prismo Metals' focus is on the acquisition, exploration and development of precious and base metal projects in Mexico and the United States with the goal of generating value for shareholders.

The explorer has now commenced new drilling at its Palos Verdes project in Mexico. In partnership with Vizsla Silver Corp, a promising silver deposit is to be explored. The first drill hole is already in progress. The project is already showing good drill results with 102 g/t Au and 3,100 g/t Ag over 0.5 m. This project is one of three projects under the responsibility of Prismo Metals.**

Other projects of the Canadian company are:

• The Hot Breccia project in Arizona offers a large copper prospect in an established mining area.
• The Los Pavitos project in the Orogen Gold Belt promises multi-million-ounce potential, with initial drilling already returning 10.2 g/t Au over 6.65 m.

Prismo Metals keeps its overhead costs low by not paying any fixed salaries. The share structure is compact, with only 54.1 million shares outstanding, resulting in a market capitalization of CAD 13.56 million (as of October 10, 2024).

As a strategic investor, Vizsla Silver holds a 9.4% stake in the Company. This ownership structure reinforces Prismo Metals' strategy of balancing experienced explorers and financial experts to optimally position the Company for future growth.

CEO Alain Lambert will be available to answer questions from interested investors live at the 12th International Investment Forum. To register for the digital event free of charge, please click here. Investors can find the program here.

Rheinmetall secures major order for autonomous vehicles from the US Army

Rheinmetall subsidiary American Rheinmetall Vehicles has been awarded a significant contract as part of the US Army's S-MET program. The Company will develop eight prototypes of an unmanned ground vehicle (UGV) and deliver them as early as 2025.

The S-MET (Small Multipurpose Equipment Transport) vehicle platform is an unmanned ground vehicle (UGV) that will be used for the following missions:

• Transport of supplies: The vehicle can transport supplies such as ammunition, food, water and other essential equipment.
• Transport of equipment: It can also carry heavier military equipment such as weapons, communication devices, or medical supplies.
• Operation in rugged terrain: The vehicle is specially designed to move in rough terrain such as mountains, forests, or sand.

In cooperation with the US partner Textron Systems, Rheinmetall brings its extensive experience with autonomous vehicles, particularly from the Mission Master family.** The S-MET solution combines advanced autonomous technologies with proven US Army components, optimizing both cost and reliability.

Textron Systems brings over 30 years of unmanned aerial system expertise to the program, including lessons learned from its Robotic Combat Vehicle (RCV) programs. A common operator interface for both the RCV and S-MET also promises reduced training requirements. After delivery, the vehicles will be tested against a competing product. James Schirmer, Senior VP at American Rheinmetall Vehicles, emphasizes the technological excellence and cost-effectiveness of the platform. If the tests are successful, follow-up orders and possibly series production beckon. The partnership with Textron and the use of established components could offer decisive advantages here.

PayPal is launching its new advertising network, PayPal Ads, in the US. The Company aims to offer advertisers access to transaction data from its approximately 429 million active user accounts. The new business segment can strengthen PayPal's competitive position in retail media. The project is headed by Mark Grether, who previously held a similar position at Uber. Prismo Metals has seen its share price rise 31.71% in the last 30 days. The Company is beginning new drilling at the Palos Verdes project in Mexico in partnership with Vizsla Silver, which, among other things, owns shares in the Company. Exploration activities and the increasing demand for copper could further increase the Company's growth potential. CEO Alain Lambert will be available to answer investors' questions in a live Q&A session on October 15 as part of the "International Investment Forum" digital conference. This is the 12th year of the renowned event. Register here. Rheinmetall has received an order for autonomous vehicles from the US Army. The Company is to develop and deliver eight prototypes of an unmanned ground vehicle (UGV) by 2025 as part of the S-MET program.