Press Release
ACCESS Newswire Announces the Sale of its Compliance Business to Equiniti Trust Company, LLC
Transaction Highlights the Strategic Transformation of the Company to a Pure Communications SaaS Subscription Model Transaction creates a focus on the higher growth communications subscription business. $12.5 million total cash consideration, subject to certain post-closing adjustments, with $12 million paid at closing and $500,000 held back for twelve months. $12 million proceeds will be used to immediately pay down debt. The asset sale includes the transfer of the entire compliance team of 11 employees and associated client contracts, intellectual property and other related assets. Refined business model expected to deliver enhanced EBITDA margins. Includes transition services agreement for up to six months to assist Equiniti with the integration of the compliance business. Read More
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LLMWare Announces Collaboration to Unlock Enterprise-Ready AI Capabilities on Snapdragon X Series Processors
LLMWare.ai announces a collaboration with Qualcomm Technologies, Inc. in which LLMWare.ai will deliver a new innovation providing a comprehensive out-of-the box solution to run, create and deploy AI workflows locally on devices powered by Snapdragon® X Series processors. Read More
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Aspire Biopharma Holdings, Inc., to Launch the Next Generation of Pre-Workout Performance Supplement
New product expected to set a new standard for potency and performance in the estimated $20 billon pre-workout market Desert Stream Inc., a well-established nutritional and supplement manufacturer of caffeine-based products, engaged for sourcing of ingredients, lab studies, regulatory compliance, and quality control. Single dose pre-workout supplement expected to be available in specialty retailers of nutritional products in 2025 Read More
Press Release
IBC Advanced Alloys Reports Financial Results For Quarter Ended December 2024
Highlights of the Six Months Ended December 31, 2024 (Unless otherwise noted, all financial amounts in this news release are expressed in U.S. dollars) IBC is reporting the performance of "continuing operations" at its Copper Alloy division, "discontinued operations" at its Massachusetts facility, and a combination of continued and discontinued operations.1 Copper Alloys division (continuing operations) sales of $7.1 million in the six-month period ended December 31, 2024, compared to sales of $12 million in the comparable prior-year period. $3.2 million of the relative decline was primarily driven by two large, non-recurring orders in the comparable period of fiscal year 2024, with the balance due to softer market demand. The Company's Engineered Materials ("EM") division, where operations ceased and all contracts were completed before June 30, 2024, recorded no sales. Copper Alloys division's fiscal year to date ("YTD") operating loss1 of $654,000 compared to operating income of $438,000 in the comparable prior-year period. The Copper Alloys division's YTD gross profit declined by 44.4% year-over-year ("Y/Y") while gross margin softened by 4%. IBC reported a consolidated YTD net loss of $2.6 million ($0.02 per share). The Company will host a live investor webcast to discuss these results on Monday, March 3 at 10 a.m. Eastern. Read More
Press Release
Cerrado Gold Updated Metallurgical Testwork Supports Ability to Produce 67% High Purity, Direct Reduction Iron (“DRI”) Grade Concentrates at Its Mont Sorcier Iron Ore Project in Quebec
Metallurgical test work on Master Composite reaffirms production of DRI grade iron concentrate with combined Silica and Alumina below 2.5%; DRI grade concentrate demand to grow at a CAGR of over 9.0% p.a. for the next decade according to industry forecasts Enhanced economic magnetite iron recovery of 83%; Variability test work of the primary domains has commenced; Additional test work focused on equipment sizing is now ongoing ; Feasibility study targeted for Q1 2026 (All numbers reported in US dollars) Read More
Press Release
Nano One Annonce La Clôture De L’entente De Vente Et De Reprise en Location De Son Immeuble Et De Sa Propriété À Candiac
Faits saillants: Produit net estimé de 15,7 M$ CA provenant de la vente du terrain et du bâtiment à Candiac, au Québec. Renforce la trésorerie et permet de mettre à profit le financement gouvernemental annoncé en 2024. Soutient l'expansion de la capacité de production à Candiac à plus de 1000 tpa de cathodes LFP. Assure la continuité opérationnelle et la stabilité à long terme. Read More
Press Release
Nano One Announces Closing of Agreement to Sell and Lease Back Its Candiac Building and Property
Highlights: C$15.7 million in estimated net proceeds from sale of land and building in Candiac, Quebec. Strengthened balance sheet leverages government funding announced in 2024. Supports capacity expansion at Candiac to over 1000tpa of LFP cathode production. Ensures operational continuity and long-term stability. Read More
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CORRECTION FROM SOURCE: AI to Transform Independent and Assisted Living With Addison Virtual Caregiver
The Competitive Edge in AI-Powered Senior Living Correction: The "About..." Section needed to be updated to reflect both Electronic Caregiver and Addison Care. As well as some grammar/spelling corrections. Read More
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