Partners with James Haft digital ventures

05.06.19 | Press releases

Oslo, Norway 5 June 2019 – Element ASA (Element, OSE:ELE) today announces that the company has partnered with Palcapital of New York and James Haft for the development of new digital initiatives. Mr. Haft will participate and present at the Element Capital Markets day Thursday 6 June 2019.

"We are happy to welcome James and PALcapital to the Element team, bringing vast experience in creating global opportunities from the digitization of information and commerce. The Board and management have assessed Element existing digital business and see a large and growing universe of opportunities within the digital space. We look forward to work with James to create an integrated strategy to develop new business initiatives for Element, leveraging on digitized information", says Thomas Christensen, Chairman of Element. 

Element has partnered with James Haft and PALcapital for the development of new digital initiatives, based on Element's digital exchange platform for metals and minerals. Haft has over 30 years experience from the international finance and banking industries and has advised over 40 internet, blockchain and venture-backed entities. Haft is the founder of PALcapital (1996) and holds an A.B. from Vassar College and an MBA from Emory University.

Haft will participate and present at the Element Capital Markets Day Thursday 6 June 2019.

About PALcapital:
PALcapital (www.PALcapital.com), founded in1996, is a venture capital and advisory firm focused on the creation of opportunities based upon the application of the digitization of information and distributed ledger technologies. Based in New York City with a global clientele, the company is a founding shareholder of Condo.com, NXTPLabs, and CryptoOracle.

Venue: ProCorp, Dronning Mauds gate 3, Oslo
Date: Thursday 6 june 2019
Time: 09:00 - 11:30

The presentations will be held in Norwegian and English. The presentation material will be made publicly available at 08:00.
For further information, please contact:

Thomas Christensen
Chairman
E-mail: tc@procorp.no

Geir Johansen
CEO
E-mail: gj@elementasa.com

ABOUT ELEMENT | www.elementasa.com
Element is an innovative project investment company within the mineral sector, which continuously strives to create shareholder value at the lowest possible risk. The company has as strategy to identify undervalued projects, closing in on cash flow, where infrastructure and other basic work, if necessary, have in large, been completed. The company's special focus is linked to projects within new, and