Fundraising Overview - Southern Energy Corp. intends to conduct an equity fundraise to raise approximately US$6.0 million (approximately £4.8 million / C$8.5 million) at a price of 4.3 pence (C$0.08) per Unit [3][4] - The fundraising consists of a placing of new Units to institutional investors on AIM and a concurrent public offering in Canada [4][5] - Each Unit will consist of one new Common Share and one half of one Common Share purchase Warrant, with the whole Warrant allowing the purchase of one Common Share at an exercise price of 5.3 pence (C$0.10) for 36 months [4][6] Use of Proceeds - The funds will be used to accelerate the completion of three drilled and uncompleted (DUC) wells and fully fund the drilling of two vertical Cotton Valley wells [6][10] - The Company expects to benefit from strengthening U.S. natural gas prices, currently above US$4.40/MMbtu (C$6.40/MMbtu) [6][7] - The accelerated development program is anticipated to add over US$20.0 million in proved developed producing (PDP) NPV10 value [6][10] Production Expectations - The Gwinville DUCs are expected to have initial production (IP30) rates of approximately 5.5 MMcf/d per well, with ultimate recovery of approximately 3.5 Bcfe [6][10] - The Mechanicsburg wells are expected to have IP30 rates of approximately 4.2 MMcf/d plus 75 bbl/d of liquids per well, with ultimate recovery of approximately 3.7 Bcfe [6][10] - Production is expected to reach over 4,000 boepd by year-end 2025, representing approximately 100% growth [10] Financial Metrics - The Gwinville DUCs are expected to have an internal rate of return (IRR) of 86%, while the Mechanicsburg wells are expected to have an IRR of 77% [10] - The net proceeds from the fundraising are expected to fully fund the completion of the Gwinville DUCs at a cost of approximately US$2.5 million per well and the Mechanicsburg wells at a cost of approximately US$3.5 million [10][12] Market Context - The Company is positioned to capitalize on the positive macro environment for the U.S. natural gas market, driven by increasing LNG export capacity and seasonal demand factors [8][10] - Current Henry Hub natural gas pricing is supportive, with averages greater than US$4.80/MMBtu for the balance of 2025 and US$4.40/MMBtu for 2026 [7][8]

March 11 marked as Georgia Linemen Day by Senate Resolution 253ATLANTA, March 11, 2025 /PRNewswire/ -- Georgia Power today joined state lawmakers for a special event at the Georgia State Capitol alongside dozens of lineworkers, representatives from the state's electric membership corporations (EMCs) and municipal electric providers. During the event, Senator John Kennedy read and signed Senate Resolution 253, recognizing March 11, 2025 as Georgia Linemen Day, acknowledging lineworkers for their sacrifices d ...

Core Insights - Mississippi Power has appointed Pedro Cherry as president, with Anthony Wilson remaining as chairman and CEO until summer [1] - Cherry brings 30 years of experience in the energy industry, including nearly 25 years with the Southern Company system [2] - Mississippi Power is celebrating its centennial year and is recognized for its commitment to safety and reliable service [3][6] Company Leadership - Pedro Cherry previously served as president and CEO of Atlanta Gas Light and Chattanooga Gas, which serve approximately 1.8 million customers [2] - He has held significant roles at Georgia Power, overseeing customer service and operations for 2.6 million customers [3][4] - Cherry is noted for his leadership qualities and alignment with the company's values, as stated by Anthony Wilson [4] Community Engagement - Cherry is an active community leader, serving on various boards and as the 2024 chairman of the Georgia Chamber [5] - His educational background includes a bachelor's degree in industrial engineering and an MBA in operations management and finance from Auburn University [5] Company Overview - Mississippi Power, a subsidiary of Southern Company, provides energy to over 192,000 customers in 23 counties in southeast Mississippi [6] - The company has received recognition for top safety performance and outstanding storm response [6]

Toronto, Ontario--(Newsfile Corp. - March 4, 2025) - Michael Hudson, President, Chief Executive Officer and Managing Director, Southern Cross Gold Consolidated Ltd. ("Company") (TSXV: SXGC) and his team, joined Luke Allshorn, Head of Business Development, Australia and SE Asia, Toronto Stock Exchange (TSX), to close the market to celebrate the Company's new listing on TSX Venture Exchange.Cannot view this video? Visit:https://www.youtube.com/watch?v=Bw9k7fZOy4ISouthern Cross Gold Consolidated Ltd. (TSXV: S ...

Southern Company’s (SO) Alabama Power unit is set to revolutionize the state's energy landscape with the development of first-ever utility-scale Battery Energy Storage System (“BESS”). Located on the historic Plant Gorgas site in Walker County, this pioneering facility will significantly boost Alabama's grid reliability and provide an innovative solution for integrating clean energy into the state's power infrastructure.Transforming the Energy Grid With the Gorgas Battery FacilityThe Gorgas Battery Facility ...

150 MW facility to provide reserve power for AlabamiansBIRMINGHAM, Ala., March 3, 2025 /PRNewswire/ -- Alabama Power will develop the state's first utility-scale battery energy storage system (BESS) on the former Plant Gorgas site in Walker County, which reliably powered Alabama for more than a century. The new Gorgas Battery Facility will store up to 150 MW of electricity generated by other Alabama Power resources. 150 MW is equivalent to the capacity needed to power about 9,000 homes. Digital rendering ...

Lavras Gold Corp. Intersects 1.8 g/t Gold over 123 Metres at Butiá Gold Deposit, LDS Project, Southern Brazil & Provides an Exploration UpdateDrilling intersection includes 4.1 g/t gold over 21 meters, including 8.5 g/t gold over 1 metreMarch 03, 2025 8:50 AM EST | Source: Lavras Gold Corp.Toronto, Ontario--(Newsfile Corp. - March 3, 2025) - Lavras Gold Corp. (TSXV: LGC) (OTCQX: LGCFF) ("Lavras Gold" or the "Company") is pleased to release the results from 18 new drill holes testing the Butiá ...

Apex Investigation Reveals 24.98 g/t Au over 10.20 m in Historic Drill Hole E1411 on Its Holdings in Southern British Columbia, CanadaFebruary 28, 2025 6:00 AM EST | Source: Apex Resources Inc.Vancouver, British Columbia--(Newsfile Corp. - February 28, 2025) - Apex Resources Inc. (TSXV: APX) (OTC Pink: SLMLF) ("Apex" or the "Company") is pleased to report the discovery of promising new and priority drill targets on Apex's precious and critical mineral holdings in southern British Columbia, Can ...

GULFPORT, Miss., Feb. 27, 2025 /PRNewswire/ -- Mississippi Power Chairman, President and CEO Anthony Wilson announced today that he will be retiring this summer after a career with Mississippi Power and Southern Company that spanned more than four decades. Mississippi Power Chairman, President and CEO Anthony Wilson announced on Feb. 27 that he will be retiring this summer after a career with Mississippi Power and Southern Company that spanned more than four decades. "I have been very blessed to work i ...

Core Points - Alabama Power's Renew Our Rivers (ROR) program is set to begin its 26th season on March 1, 2025, with 28 cleanup events planned through October 31, aiming to add to the 13.4 million pounds of debris already removed from Alabama waterways [1][2][3] Group 1: Program Overview - The ROR program has successfully engaged nearly 3,400 volunteers last year, who collectively removed about 107 tons of trash, contributing to a total of over 104,000 volunteers since its inception [2] - The program has seen a steady rise in volunteer participation post-pandemic, with increased enthusiasm noted among lake associations and community groups [3][4] Group 2: Volunteer Engagement - Approximately 5,000 ROR T-shirts are expected to be distributed to volunteers this year, indicating strong community involvement [2] - Volunteers are encouraged to stay informed about cleanup schedules through local lake associations, as dates may change due to weather conditions [4] Group 3: Cleanup Schedule - The 2025 cleanup schedule includes various locations such as Valley Creek, Lake Eufaula, and Smith Lake, with specific dates outlined for each event [5][6] Group 4: Company Background - Alabama Power, a subsidiary of Southern Company, provides reliable electricity to 1.5 million customers across Alabama [6]