Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Joint Stock Company Kaspi.kz regarding a class action lawsuit due to allegations of misleading statements and undisclosed risks associated with the company's operations during a specific period [1][2]. Group 1: Allegations Against Kaspi.kz - The complaint alleges that Kaspi.kz continued business with Russian entities and provided services to Russian citizens after Russia's invasion of Ukraine, exposing the company to undisclosed sanction risks [1]. - The company is accused of engaging in undisclosed related party transactions [1]. - Certain executives of Kaspi.kz are alleged to have links to reputed criminals, which raises concerns about the integrity of the company's operations [1]. - As a result of these issues, statements made by the defendants regarding Kaspi.kz's business, operations, and prospects are claimed to be materially false and misleading [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as January 19, 2024, to September 19, 2024 [1]. - Shareholders are encouraged to register for the class action by February 18, 2025, to potentially be appointed as lead plaintiffs [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the status of the case [2]. Group 3: About The Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].

Core Points - District Metals Corp. and Boliden Minerals AB have approved a 2025 exploration budget of CDN$3.0 million, representing a 50% increase from the 2024 budget, to be equally allocated between the Tomtebo and Stollberg properties [2][6] - The exploration will include geological mapping, geochemical sampling, historical drill core review, and core drilling, with a planned core drill program of 1,500 to 2,000 meters in three to four drill holes at the Tomtebo Mine [6][8] - The current drilling phase aims to test targets identified from previous drilling, particularly in the Steffenburgs zone, where significant widths of high-grade polymetallic mineralization have been intersected [4][6] Exploration Details - The drilling will focus on the broader Steffenburgs zone and will step out below a previous hole that returned notable mineralization results, including 29.25 meters at 0.95% Cu, 0.67 g/t Au, 1.6% Zn, 0.8% Pb, and 30 g/t Ag [6][8] - Additional targets include the Kvistaberget area, which is supported by a SkyTEM conductive anomaly and historical copper sulphide workings, and the Lövås Mine, which has historical drill holes indicating open mineralization [5][6] - Permitting is currently underway for drilling at the Kvistaberget and Lövås Mine target areas, expected to commence later in 2025 [6][8] Company Background - District Metals Corp. is focused on exploring and developing polymetallic properties in Sweden, particularly the Viken and Tomtebo properties [12][13] - The Tomtebo Property is located in the Bergslagen Mining District, situated between the historic Falun Mine and Boliden's Garpenberg Mine, with a trend of historic polymetallic mines and showings [13]

Company Overview - Oak Hill Advisors (OHA) is a leading global credit-focused alternative asset manager with over 30 years of investment experience, managing approximately $71 billion of capital across various credit strategies as of September 30, 2024 [3][4] - Triumvirate Environmental, founded in 1988, provides sustainable environmental solutions to over 4,000 customers across North America, focusing on life sciences, healthcare, education, and advanced manufacturing [5] - Berkshire Partners is a 100% employee-owned investment firm with a focus on private and public equity, currently investing from its Fund XI, which has approximately $7.8 billion in commitments [6] Financing Details - OHA served as Administrative Agent and Joint Lead Arranger for a private unitranche facility to support Berkshire Partners' acquisition of Triumvirate Environmental, which includes a unitranche term loan, delayed draw term loan, and revolver [1][2] - OHA's financing flexibility and structuring expertise, along with its relationship with Berkshire Partners, enabled a quick diligence process and a tailored financing solution for the acquisition [2] Strategic Insights - Triumvirate has established a niche competitive position within the environmental services industry, and OHA aims to support the company's growth trajectory through effective financing solutions [3]

NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Joint Stock Company Kaspi.kz ("Kaspi.kz" or the "Company") (NASDAQ: KSPI). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.The class action concerns whether Kaspi.kz and certain of it ...

Hanwha Power Systems and Hanwha Ocean cooperate with global energy technology company Baker Hughes. Leading the decarbonization of the hard-to-abate marine transportation sector through fuel-flexible combustion technology. SEOUL, South Korea, Feb. 3, 2025 /PRNewswire/ -- With the goal of completely carbon-free operation of ships, Hanwha Power Systems and Hanwha Ocean (KRX: 042660) signed a Joint Development and Collaboration Agreement with Baker Hughes (NASDAQ: BKR), a global energy technology company, to ...

Core Viewpoint - A class action securities lawsuit has been filed against Joint Stock Company Kaspi.kz, alleging securities fraud that affected investors between January 19, 2024, and September 19, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that the company made false statements and concealed critical information, including continued business with Russian entities post-2022 invasion of Ukraine, which exposed the company to undisclosed sanction risks [3]. - Allegations also include undisclosed related party transactions and connections of certain executives to reputed criminals, leading to materially false and misleading statements about the company's business and prospects [3]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until February 18, 2025, to request appointment as lead plaintiff, with no costs or obligations to participate in the lawsuit [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the U.S. [5].

Joint venture will facilitate customized production and sales of battery swapping vehicles to take advantage of Thailand's booming EV marketSHANGHAI, Jan. 29, 2025 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that it has signed a cooperation agreement with Ezzy Transporter (Thailand) Company Limited ("Ezzy Transporter") to establish Green ...

SAN DIEGO, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Franklin Access (NASDAQ: FKWL) announced today the successful funding of its joint venture to develop 4G/5G modules and AI-powered solutions under the Sigbeat brand. The Sigbeat joint venture will design, market, and certify 4G/5G modules featuring advanced on-device AI capabilities, including enhanced security, image processing, and video streaming functionalities. These modules aim to provide faster response times, stronger privacy safeguards, and reduced relia ...

Core Viewpoint - A class action lawsuit has been filed against Joint Stock Company Kaspi.kz, alleging securities fraud and unlawful business practices [1][2]. Group 1: Lawsuit Details - The lawsuit is based on claims that Kaspi.kz and its officers have engaged in misleading practices regarding their exposure to Russia [2]. - Shareholders who purchased Kaspi.kz securities during the Class Period have until February 18, 2025, to apply as Lead Plaintiff [3]. Group 2: Research Report Findings - Culper Research issued a report claiming that Kaspi.kz has misled U.S. investors about its ties to Russia, particularly ahead of its NASDAQ listing in January 2024 [3]. - The report alleges that Kaspi.kz's growth has been materially supported by relationships with Russian partners, especially following Russia's invasion of Ukraine [3]. - Concerns are raised regarding Kaspi.kz's dealings with sanctioned individuals and the potential risks to its valuation and U.S. listing [3]. Group 3: Market Reaction - Following the release of the report, Kaspi.kz's stock price fell by $22.53 per American Depositary Share, a decline of 18.83%, closing at $97.10 per ADS on December 20, 2024 [3].

Key TakeawaysPresident Trump on Tuesday announced a joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S.The companies said they would commit $100 billion to start, and as much as $500 billion over the next four years toward the initiative, called Stargate. Oracle shares surged Tuesday ahead of the announcement, leaving them up more than 50% over the past 12 months. President Donald Trump on Tuesday announced a joint venture with Oracle (ORCL), OpenAI, and SoftBank to build ...