LOS ANGELES, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Playboy, Inc. (Nasdaq: PLBY) (the “Company” or “Playboy”), one of the most recognizable and iconic brands in the world, announced today that it has prevailed in its arbitration against its terminated licensee, New Handong Investment (Guangdong) Co., Ltd. (“New Handong”), and has been awarded damages of approximately $81 million, including accrued interest. As previously described in further detail in the Company’s periodic reports, including in the Company’s Q ...

In separate cat and birch allergen-challenge trials, single doses of allergen-specific antibody blockers significantly reduced allergy symptoms compared to placebo Data from these trials will support further Phase 3 development TARRYTOWN, N.Y., Sept. 08, 2025 (GLOBE NEWSWIRE) -- Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) today announced results evaluating its first-in-class investigational allergen-blocking antibodies in allergen-challenge Phase 3 trials in adults with moderate-to-severe cat or birch a ...

Core Viewpoint - A permanent exhibition honoring the Flying Tigers, American volunteer pilots who fought alongside Chinese forces during World War II, has opened in Liuzhou, Guangxi Zhuang Autonomous Region, China [1]. Group 1: Exhibition Details - The exhibition is housed in the Liuzhou Military Museum and features over 1,000 artifacts, including flight suits, arm patches, letters, and diaries, many donated by individuals from both China and the United States [3]. - The exhibition will be open to the public free of charge and consists of five themed sections that present the stories of American pilots fighting alongside Chinese soldiers and civilians during the war [7]. Group 2: Historical Context - Liuzhou served as a key transportation hub and military stronghold during World War II, where the Flying Tigers were stationed in 1942 and conducted missions against Japanese invaders [4]. - The opening ceremony highlighted the historical friendship and mutual sacrifice between the peoples of China and the United States during WWII, emphasizing the significance of this relationship as a testament to solidarity [5][6].

Core Insights - Parsons Corporation has opened a new facility in Redstone Gateway, enhancing its commitment to national security and the defense community in Huntsville [1][2] - The facility spans 27,000 square feet, with 21,000 square feet dedicated to high-bay space for advanced programs, and aims to improve collaboration with government and industry partners [2][3] - This investment aligns with the missions of Redstone Arsenal and the U.S. Department of Defense, emphasizing Parsons' role in delivering next-generation solutions in space and missile defense [3] Company Overview - The new facility is strategically located near Redstone Arsenal, allowing for seamless integration with ongoing defense programs and rapid development cycles [2][3] - Parsons aims to enhance its ability to deliver agile, mission-ready solutions to support the warfighter and national security priorities [2] - The expansion reflects Parsons' ongoing investment in technology, infrastructure, and personnel to meet evolving mission needs in the defense sector [3]

Company Overview - EQV Ventures Acquisition Corp. is a special purpose acquisition company that has entered into a business combination agreement with Presidio Investment Holdings, LLC to form Presidio Production Company [1][3] - Presidio Petroleum LLC, the operator of mature oil and gas wells, focuses on optimizing existing production and generating sustainable cash flow from low-decline, producing assets [5] Business Combination Details - The proposed business combination will result in a US-domiciled, dividend-yield driven C Corp named "Presidio Production Company," with shares expected to be listed on the NYSE under the ticker "FTW" [3] - The transaction values Presidio Production at a pro forma enterprise value of approximately $660 million, which represents a discount to the combined proved developed PV-10 value [4] Market Context - The entry of Presidio Production into the public markets occurs during a transition in the energy sector, moving from a capital-intensive shale era to a focus on disciplined returns [4] - Presidio Production's business model is characterized by zero reliance on future drilling, minimal capital investment, and substantial free cash flow, distinguishing it from traditional operators [4]

Core Insights - IREN Limited has appointed Anthony Lewis as Chief Financial Officer, who previously served as Chief Capital Officer and will continue to oversee capital markets strategy and financing activities in his new role [1][2] - Lewis succeeds Belinda Nucifora, who contributed significantly during her 3.5 years as CFO, enhancing systems, controls, and transitioning to U.S. GAAP reporting [2] Company Overview - IREN is a leading developer and operator of next-generation data centers, focusing on Bitcoin, AI, and renewable energy [3] - The company operates large-scale, grid-connected facilities in renewable-rich regions across the U.S. and Canada, utilizing 100% renewable energy [3] Operational Highlights - IREN has secured 2,910 MW of grid-connected power across over 2,000 acres in the U.S. and Canada, with a multi-gigawatt development pipeline [4] - The company operates 810 MW of data centers supporting Bitcoin mining, AI cloud services, and AI data centers [4] - IREN is one of the world's largest and lowest-cost Bitcoin producers, with an installed self-mining capacity of 50 EH/s [4] - The AI cloud services segment delivers high-performance cloud computing to AI customers using next-generation NVIDIA GPUs [4]

Core Insights - IREN Limited reported a decline in Bitcoin mining performance for August 2025, with a decrease in average operating hashrate and Bitcoin mined compared to July 2025 [4][10] - The company is expanding its AI Cloud services, securing NVIDIA Preferred Partner status and planning significant GPU deployments [5][10] - Despite challenges, IREN generated substantial hardware profits in August, indicating resilience in its operations [8][10] Bitcoin Mining Performance - Average operating hashrate decreased to 44.0 EH/s from 45.4 EH/s [4] - Bitcoin mined fell to 668 BTC from 728 BTC [4] - Revenue per Bitcoin mined slightly decreased to $114,816 from $114,891 [4] - Net electricity cost per Bitcoin mined increased to ($38,791) from ($32,266) [4] - Total revenue from Bitcoin mining was $76.7 million, down from $83.6 million [4] - Hardware profit decreased to $50.8 million with a profit margin of 66%, down from $60.1 million and 72% respectively [4][25] AI Cloud Services Expansion - AI Cloud revenue increased to $2.4 million from $2.3 million [4] - The company is expanding its GPU capacity to 10.9k NVIDIA GPUs, primarily Blackwell models, with a potential annualized revenue target of $200-250 million by December 2025 [5][10] - Non-dilutive GPU financing of approximately $200 million has been secured to support this expansion [10] Management Commentary - Management highlighted accelerating demand for AI Cloud services and ongoing construction of a new liquid-cooled data center at Prince George [7][8] - The company reported generating $53 million in hardware profit in August despite seasonal curtailment and rising electricity prices [8] Financial Metrics - Total hardware profit for August was $53.2 million, down from $62.4 million in July [25] - Average daily hardware profits exceeded $1.6 million in August, despite elevated electricity costs [10] - Current Bitcoin mining capacity of 50 EH/s is projected to generate over $1 billion in annualized revenue [10]

Core Insights - Goliath Resources Limited has reported significant high-grade gold assay results from its 2025 drill program at the Surebet Discovery, indicating a strong potential for further resource expansion [5][6][8] - The drilling campaign aims to complete up to 60,000 meters with 9 rigs actively drilling, focusing on expanding the known mineralized zones and testing for a magmatic gold source [7][18] - The Surebet Discovery has demonstrated a 100% hit rate for substantial quartz-sulphide mineralization in drill holes, with 90% of the holes containing visible gold [6][18] Drilling Results - Drill hole GD-25-328 intersected 18.58 g/t Au over 5.00 meters, including 30.95 g/t Au over 3 meters, showcasing the high-grade nature of the mineralization [5][9] - Other notable drill results include GD-25-355 with 5.72 g/t Au over 12.20 meters and GD-25-345 with two mineralized intervals of 5.09 g/t Au over 9.00 meters and 4.22 g/t Au over 6.03 meters [10][12][14] - The overall drilling results indicate multiple occurrences of visible gold within substantial quartz veins, enhancing the discovery's potential [9][14] Geological Context - The Surebet Discovery features three distinct rock packages: quartz-sulphide breccias, Eocene-aged Reduced Intrusive Related Gold (RIRG) dykes, and calc-silicate altered breccia, all containing substantial visible gold [18][21] - The mineralization footprint extends over 1.8 km, larger than half the size of Central Park, and remains open in all directions, indicating significant untapped potential [8][27] - The geological setting is located in the Golden Triangle of British Columbia, an area known for hosting some of Canada's richest gold mines [20][26] Project Management and Future Plans - The company is on track to complete its drilling campaign within the planned timeline, with a focus on systematic drilling to expand the geometry of the Surebet Discovery [7][8] - The project management team has been praised for their efficiency and safety in executing the drilling program, with ongoing logging and sample shipping planned after drilling completion [8][21] - Goliath Resources anticipates a steady flow of assay results throughout the remainder of 2025 and into 2026, reflecting the ongoing exploration success [8][18]

VANCOUVER, British Columbia, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) ("Liberty Gold" or the “Company”), is pleased to announce that it has entered into a subscription agreement (the “Subscription”) with Centerra Gold Inc. (“Centerra”), whereby Centerra will acquire 9.9% of the issued and outstanding common shares of the Company (the “Common Shares”). Jon Gilligan, CEO of Liberty Gold, commented: “We are thrilled to welcome Centerra as a strategic investor in Liberty Go ...

Appoints President Rita Adiani as CEO in latest move towards becoming US’s first fully integrated natural flake graphite producer in 70 yearsGOUVERNEUR, N.Y., Sept. 08, 2025 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI, OTCQB: TIMCF), (“Titan” or the “Company”) which produces zinc concentrate at its 100%-owned Empire State Mine and is also an emerging natural flake graphite producer, today announced plans to pursue a listing on the NYSE American as part of its U.S. growth strategy. Additionally, the ...