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Green Star Royalties Highlights NativState's Carbon Credit Offtake Agreement with TotalEnergies
Thenewswire· 2025-07-28 11:00
Core Insights - Star Royalties Ltd. through its joint venture Green Star Royalties Ltd. has highlighted NativState LLC's strategic agreement with TotalEnergies for the acquisition of carbon credits from 13 Improved Forest Management projects in the southeastern United States [1][4] - The agreement involves a total of 247,000 acres across four U.S. states and includes over 280 private family forest landowners, promoting sustainable forestry practices and generating certified carbon credits [4] Company Overview - Star Royalties Ltd. is a precious metals and carbon credit royalty and streaming company, aiming to create wealth through accretive transactions that align with both counterparties and shareholders [7] - The company offers investors exposure to precious metals and carbon credit prices through its joint venture, Green Star Royalties Ltd., which has innovated the world's first carbon credit royalties [7] Strategic Developments - The long-duration off-take agreement ensures that all carbon credits generated will be certified by the American Carbon Registry, with TotalEnergies focusing on emission avoidance and reduction credits from 2030 onward [4] - TotalEnergies plans to invest US$100 million annually to build a portfolio capable of generating at least 5 million metric tons of CO2e carbon credits per year by 2030, aligning with its climate roadmap [4]
Five Star Bancorp Announces Second Quarter 2025 Results
GlobeNewswire News Room· 2025-07-23 22:30
Core Insights - Five Star Bancorp reported a net income of $14.5 million for Q2 2025, an increase from $13.1 million in Q1 2025 and $10.8 million in Q2 2024 [1][8][9] Financial Performance - Return on average assets (ROAA) improved to 1.37% in Q2 2025 from 1.30% in Q1 2025 and 1.23% in Q2 2024 [2][12] - Return on average equity (ROAE) increased to 14.17% in Q2 2025 from 13.28% in Q1 2025 and 11.72% in Q2 2024 [2][12] - Pre-tax income rose to $20.1 million in Q2 2025, up from $18.4 million in Q1 2025 and $15.2 million in Q2 2024 [2][12] - Basic and diluted earnings per share were both $0.68 in Q2 2025, compared to $0.62 in Q1 2025 and $0.51 in Q2 2024 [2][12] Loan and Deposit Growth - Total loans held for investment increased by $136.2 million, or 3.76% (15.04% annualized), from Q1 2025 to Q2 2025 [3][7] - Total deposits rose by $158.3 million, or 4.24% (16.94% annualized), during the same period [3][7] - Non-wholesale deposits increased by $191.6 million, or 6.29%, while wholesale deposits decreased by $33.4 million, or 4.84% [6][7] Interest Income and Margin - Net interest income for Q2 2025 was $36.5 million, an increase of $2.5 million, or 7.47%, from Q1 2025 [2][21] - Net interest margin improved to 3.53% in Q2 2025 from 3.45% in Q1 2025 [2][12] Expense Management - Non-interest expense increased by $0.7 million in Q2 2025 compared to Q1 2025, primarily due to higher business travel and promotional expenses [8][9] - The efficiency ratio improved to 41.03% in Q2 2025 from 42.58% in Q1 2025 [10][12] Asset Quality - The ratio of nonperforming loans to loans held for investment increased slightly from 0.05% at the end of Q1 2025 to 0.06% at the end of Q2 2025 [11][27] - The allowance for credit losses was $40.2 million as of June 30, 2025, up from $37.8 million at the end of 2024 [26][28] Market Expansion - The company plans to open a new office in Walnut Creek in Q3 2025, expanding its presence in the San Francisco Bay Area [5][6] - The team in the Bay Area has grown to 34 employees, with deposits totaling $456.9 million as of June 30, 2025 [5][6]
Award-Winning Broadway, Television & Film Star Aaron Lazar Featuring NeuroSense CEO Alon Ben-Noon in a Special Live Podcast on ALS Science, PrimeC's Commercialization Strategies, and Community
Prnewswire· 2025-07-22 12:42
Core Insights - NeuroSense Therapeutics is a late-stage biotechnology company focused on developing treatments for severe neurodegenerative diseases, particularly ALS [12] - The company is set to unveil new insights regarding its investigational therapy PrimeC and its regulatory progress in Canada during a live broadcast event hosted by Aaron Lazar [1][2] Company Overview - NeuroSense Therapeutics is dedicated to discovering and developing therapies for neurodegenerative diseases, including ALS, Alzheimer's, and Parkinson's, which represent significant unmet medical needs [12] - The company employs a strategy of developing combined therapies that target multiple pathways associated with these diseases [12] Product Development - PrimeC, NeuroSense's lead drug candidate, is an extended-release oral formulation combining two FDA-approved drugs, ciprofloxacin and celecoxib, aimed at addressing key mechanisms of ALS [11] - The Phase 2a clinical trial for PrimeC has met safety and efficacy endpoints, showing potential in reducing functional and respiratory deterioration and demonstrating biological activity through significant changes in ALS-related biomarkers [11] Regulatory Milestones - PrimeC has received Orphan Drug Designation from both the U.S. FDA and the European Medicines Agency, indicating its potential to address a rare disease with limited treatment options [11] - The upcoming live event will discuss NeuroSense's regulatory path in Canada and the latest developments regarding its binding term sheet with a pharmaceutical partner [2]
BBB Foods: A Rising Star in the Grocery Sector
The Motley Fool· 2025-07-21 23:00
Group 1 - The article mentions that Anand Chokkavelu, CFA, Rick Munarriz, and Toby Bordelon have no positions in any of the stocks mentioned [1] - The Motley Fool has positions in and recommends Bbb Foods [1] - The Motley Fool has a disclosure policy regarding its investment positions [1]
Vita Coco Debuts “Mascot Love: Where Icons Catch Feelings” — A Tropical Romance Parody Series Starring the Internet's Favorite Brand Mascots
GlobeNewswire News Room· 2025-07-21 16:00
Core Concept - Vita Coco is launching a new parody series titled "Mascot Love: Where Icons Catch Feelings," featuring iconic brand mascots in a beach-themed romantic setting [1][3]. Group 1: Series Overview - The series centers around Coco Man, a charismatic coconut water mascot, who is portrayed as the most eligible bachelor on the beach [2]. - The show includes a variety of mascots engaging in humorous and dramatic interactions, emphasizing body language and non-verbal communication [2]. Group 2: Marketing Strategy - Jane Prior, Chief Marketing Officer at Vita Coco, highlights the series as a cultural engagement strategy that aligns with the brand's mission of providing delicious and healthier beverage options [3]. - "Mascot Love" will premiere on July 30th on TikTok and Instagram, with weekly episodes and behind-the-scenes content [3]. Group 3: Company Background - The Vita Coco Company, co-founded in 2004, focuses on delivering healthy and nutritious products, including its flagship coconut water brand, which is the leading coconut water brand in the U.S. [7]. - The company is recognized as a public benefit corporation and Certified B Corporation, emphasizing its commitment to sustainability and consumer health [7].
High Profit And Low Debt Could Transform Headwater Exploration Into The Next Oil Star
Seeking Alpha· 2025-07-18 23:34
Core Viewpoint - Headwater Exploration is rated as a Strong Buy, with expectations for revenue and earnings growth in the coming years [1]. Company Analysis - The company is positioned to increase its revenues and earnings, indicating a positive outlook for future performance [1]. Analyst Background - The analyst, Daniel Mellado, has a strong background in economics and statistics, with experience in analyzing agricultural commodities and managing trading and data analysis teams [1]. - His expertise includes developing strategies for algorithmic trading across various sectors, including commodities, banking, technology, and pharmaceuticals [1]. Investment Approach - The investment recommendations are based on a thorough analysis of financial statements, regulations, and macroeconomic variables [1].
Star Group, L.P. Declares Quarterly Distribution of 18.50 Cents per Unit
Globenewswire· 2025-07-17 16:00
Company Overview - Star Group, L.P. is a full-service provider specializing in home heating products and services for residential and commercial customers, including heating and air conditioning equipment [2] - The company is recognized as the largest retail distributor of home heating oil in the U.S. based on sales volume, serving customers primarily in the Northeast and Mid-Atlantic regions [2] Financial Information - Star Group declared a quarterly distribution of $0.1850 per common unit for the three months ended June 30, 2025 [1] - The record date for this distribution is July 28, 2025, and the payment date is August 6, 2025 [4]
Star Princess Debuts Bold New Entertainment for a New Era at Sea
Prnewswire· 2025-07-16 18:00
Core Insights - Princess Cruises is launching a new entertainment lineup aboard its Sphere-class ship, Star Princess, set to sail on October 4, 2025, featuring original theatrical productions, immersive concerts, and global performances [1][12] Entertainment Offerings - The ship will host two original theatrical productions: "Meridian," a cinematic spectacle exploring themes of love and fate, and "Illuminate," a circus-themed show that reveals wonder in the unexpected [3][4] - "Viva La Música," a high-energy celebration featuring Latin music, returns with choreography by Liz Imperio, known for her work with major artists [6] - The entertainment extends beyond traditional theater, including vibrant deck soirées, themed events, and a reimagined champagne waterfall experience [7] Unique Venues - The Dome will feature the Princess Cruises Candlelight Concert Series, offering a unique blend of classical music and storytelling in a candlelit setting [8] - The Piazza will serve as a lively hub for performances, including "Princess Jamz," showcasing the talents of the Princess World Orchestra [10] Special Events - The Celestial Champagne Soirée will debut in the Piazza, combining multimedia elements with the iconic Champagne Waterfall, enhancing the onboard experience [11] Ship Specifications - Star Princess is designed to accommodate 4,300 guests and has a gross tonnage of 175,500 tons, built by Fincantieri [12]
Blue Star Announces $2M Non-Brokered Private Placement
Newsfile· 2025-07-11 23:00
Core Viewpoint - Blue Star Gold Corp. plans to raise up to $2,000,000 through a non-brokered private placement, subject to TSX Venture Exchange approval, by issuing flow-through units and regular units at specified prices [1][4]. Group 1: Private Placement Details - The private placement will consist of up to 3,333,333 flow-through units at $0.15 each and up to 10,714,285 units at $0.14 each [1]. - Each flow-through unit includes one common share and one-half of a common share purchase warrant, while each unit consists of one common share and one-half of a common share purchase warrant [2][3]. - The warrants allow the holder to acquire one additional share at a price of $0.20 for one year following the closing date of the private placement [3]. Group 2: Use of Proceeds - Proceeds from the sale of units will be allocated for general working capital, while proceeds from flow-through units will be used for eligible Canadian exploration expenses related to the company's projects in Nunavut [4]. - The company will renounce qualifying expenditures by December 31, 2025, amounting to at least the total gross proceeds raised from the issuance of flow-through units [5]. Group 3: Company Overview - Blue Star Gold Corp. is focused on mineral exploration and development in Nunavut, Canada, with landholdings totaling 300 square kilometers in the High Lake Greenstone Belt [6]. - The company owns the Ulu Gold Project and the Roma Project, with significant high-grade gold resources and numerous exploration targets [6]. - The future deep-water port at Grays Bay is located 40-100 km north of the properties, enhancing logistical advantages for the company's projects [6].
Star Alliance International Corp. Sells its Assets to NoHo, Inc. in Exchange for NoHo, Inc.'s Publicly Traded Stock
Prnewswire· 2025-07-10 13:05
Core Viewpoint - Star Alliance International Corp. has successfully divested its assets to NoHo, Inc. in exchange for shares of NoHo's publicly traded stock, which is seen as a strategic move to enhance shareholder value and facilitate a change of control at NoHo [1][2]. Group 1: Transaction Details - The asset sale will result in STAR shareholders receiving a dividend distribution of NoHo shares, establishing ownership interests in both companies [2]. - Anthony Anish, CEO of STAR, has taken on the CEO role at NoHo, with new board appointments expected to support ongoing and new initiatives [2]. Group 2: Strategic Rationale - STAR faced regulatory and financial challenges in 2024, prompting the decision to divest assets to preserve and grow shareholder value [3]. - The company plans to pursue a 15C-211 filing with FINRA while leveraging its holdings in NoHo [3]. Group 3: Leadership Commentary - Anthony Anish emphasized that transitioning assets to a publicly traded vehicle was the best decision for shareholders, providing access to a more liquid market [4]. - Richard Carey, Chairman of STAR, reiterated the commitment to shareholders, stating that this move offers a pathway to restore trading and build asset value through the NoHo stake [4]. Group 4: Company Background - Star Alliance International Corp., founded in 2014 and incorporated in Nevada, is a diversified holding company focused on long-term shareholder value [5]. - The company aims to maintain transparency, operational sophistication, and value accretion through future diversification [5]. Group 5: Financial Challenges - STAR did not secure funding despite executing documentation for a sizable credit facility and receiving a "no further comment" from the SEC regarding its S-1 filing [9]. - The SEC rejected STAR's 2023 and 2024 audits, leading to a reclassification from OTC Pink to the expert market due to delayed filings [9].