Net sales were $31 million, with gross margin2 reaching 44.3% for a gross profit of $14 million for this quarterNet income of $0.1 million, adjusted EBITDA margin1 of 8.6% and adjusted EBITDA1 of $3 million for the quarterCash flows provided by operating activities of $1 million and adjusted free cash flow1 was $0.2 million for the quarter Cash balance and marketable securities at $17 million, with Bitcoin Exchange-Traded Fund (BTC) at $3.2 million at quarter-end on initial investment of $3.0 million Launch ...

Core Insights - Cavitation Technologies, Inc. is expanding its proprietary Cavitation Non-Thermal Plasma™ system into the immersion cooling Bitcoin mining sector, addressing the growing need for clean and stable fluid systems in digital infrastructure [1][4] Industry Overview - The Bitcoin mining sector is experiencing a silent infrastructure crisis, as it relies heavily on stable, clean fluids for the operation of mining rigs and data centers [2] - Immersion cooling technology is becoming increasingly popular, projected to reach a market size of $51.8 billion, as it improves thermal efficiency and performance compared to traditional air-cooled systems [5] Challenges in the Sector - Immersion cooling has introduced new challenges, including degraded dielectric fluids, VOC contamination, hardware corrosion, and toxic fluid disposal issues, which are hidden costs of the mining boom [3][10] - The degradation of dielectric fluids can lead to overheating and reduced equipment lifespan, while VOC buildup can cause corrosion and hardware failures [10] Company Solution - The Cavitation Non-Thermal Plasma™ system offers a chemical-free, scalable solution to these challenges by regenerating fluids, eliminating contaminants, and maintaining operational efficiency [3][6] - Key features of the system include: - **Dielectric Fluid Regeneration**: Extends fluid life and maintains thermal performance without full replacement [6] - **Surface Decontamination**: Prevents corrosion and reduces electrostatic buildup on internal components [7] - **Chemical-Free Operation**: Reduces maintenance complexity and long-term wear on systems [7] - **On-Site Waste Fluid Treatment**: Supports ESG compliance and reduces logistics costs by treating used cooling fluids on-site [8] Strategic Expansion - The system is currently operating at 25 GPM and is scalable to higher flow rates, marking a strategic move for the company into the broader industrial fluid systems market supporting digital infrastructure [9][12] - The company is engaging with partners in the crypto-mining and data center sectors to initiate pilot deployments of the technology [9]

NEW YORK, July 22, 2025 (GLOBE NEWSWIRE) -- Clear Secure, Inc. (NYSE: YOU), the secure identity platform, today announced that it will report financial results for the second quarter ending June 30, 2025 at approximately 6:00 a.m. ET on Tuesday, August, 5, 2025. At 8:00 a.m. ET, results will be discussed via live webcast and teleconference. Investors and analysts can access the live teleconference call by dialing toll-free 877-407-3089 for U.S. participants and +1 215-268-9854 for international participants ...

GOUVERNEUR, New York and VANCOUVER, British Columbia, July 22, 2025 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX: TI; OTCQB: TIMCF) (“Titan” or the “Company”) is pleased to announce that its wholly owned subsidiary, Empire State Mines, LLC (“ESM”), has entered into a definitive credit agreement (the “EXIM Facility”) with the Export-Import Bank of the United States (“EXIM”). The EXIM Facility provides funding of up to US$15.8 million towards critical capital development supporting current operations and ...

New $1.5B facility will support continued growth and provide greater scale and flexibility BURLINGTON, Mass., July 22, 2025 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that it has entered into a Fifth Amended and Restated Credit Agreement (the “Amended Credit Agreement”), which, among other things, increased the company’s revolving credit facility from $900 million to $1.5 billion and extended the ma ...

Core Viewpoint - Osisko Metals has announced significant new drilling results from the Gaspé Copper Project, highlighting the potential for resource expansion with the longest continuous intercept to date of 853 meters averaging 0.20% Cu, 1.43 g/t Ag, and 0.02% Mo (0.30% CuEq) [1][2]. Summary by Relevant Sections New Drill Results - Drill hole 30-1082 reported 853.5 meters of continuous mineralization, including a lower intercept of 424.0 meters averaging 0.21% Cu, 1.33 g/t Ag, and 0.026% Mo, extending mineralization to a vertical depth of 1140 meters [11][12]. - Drill hole 30-1089 intersected 645.0 meters averaging 0.28% Cu, 1.46 g/t Ag, and 0.023% Mo, with a lower intercept of 396.7 meters averaging 0.30% Cu, 1.34 g/t Ag, and 0.023% Mo, extending to a depth of 965 meters [15][16]. - Drill hole 30-1083 showed 427.5 meters averaging 0.26% Cu, 1.54 g/t Ag, with a lower intercept of 328.0 meters averaging 0.24% Cu, 1.43 g/t Ag, extending to a depth of 900 meters [12][13]. Mineral Resource Potential - The current drill program aims to convert the November 2024 Mineral Resource Estimate (MRE) to Measured and Indicated categories and test for deeper and lateral expansions [21][22]. - The Gaspé Copper Project hosts Indicated Mineral Resources of 824 million tonnes averaging 0.34% CuEq and Inferred Mineral Resources of 670 million tonnes averaging 0.38% CuEq [30][31]. Geological Context - Mineralization at the Gaspé Copper Project occurs as disseminations and stockworks of chalcopyrite with pyrite or pyrrhotite, with at least five recognized mineralizing events [19]. - The drilling is focused on defining open-pit resources within the Copper Mountain stockwork mineralization, with significant resource increases noted in the Inferred category [20][31].

HONG KONG, July 22, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider, today announced that it has significantly increased its holdings of BNB to 120,000.00, representing a total value of approximately US$90 million. This move marks significant progress and a major milestone in the Company’s full-scale upgrade of its BNB strategic reserve plan. In recent days, Nano Labs has continued to expand its BNB hold ...

Core Viewpoint - Liberty Gold Corp. has appointed four experienced mining professionals to enhance its technical and project development team, aiming to advance the Black Pine Oxide Gold Project in Idaho through feasibility-level engineering and permitting [1][11]. New Appointments - Tyler Cole has been appointed as Vice President of Project Development, bringing 20 years of experience in mining and construction, with expertise in gold heap leach operations [2][4]. - Richard Zaggle joins as Senior Director of Mining and Metallurgy, with 13 years of experience in mine development and heap leach optimization [5][6]. - Owen Nicholls is appointed as Director of Technical Services, contributing 18 years of experience in exploration and resource development [7][8]. - Charles Mumford has been appointed as Senior Environmental and Permitting Specialist, with over 10 years of experience in managing permitting processes and regulatory compliance [9][10]. Strategic Priorities and Next Steps - The newly expanded development team will focus on key milestones over the next 18-24 months, including advancing feasibility-level engineering and mine planning, with a targeted completion of the feasibility study in 2026 [12][14]. - The team will also complete ongoing metallurgical test work and process design optimization to support permitting and capital cost estimates [14]. - Environmental baseline studies and permitting documentation will be progressed to maintain permitting momentum [14]. - Integrated development schedules and operational readiness frameworks will be established to support a future construction decision [14]. - Stakeholder engagement will be enhanced to strengthen Liberty Gold's position as a disciplined, technically credible developer [14].

EHGO launches a suite of scenario-specific AI solutions designed to address critical needs in enterprise environments eShallgo, inc. Photo eShallgo, inc. Photo New York, July 22, 2025 (GLOBE NEWSWIRE) -- SHANGHAI, July 22, 2025 — Eshallgo Inc. (“Eshallgo” or the “Company”) (Nasdaq: EHGO), a leading provider of integrated office solutions in China, today announced the official launch of its new business initiative focused on enterprise-level artificial intelligence (AI). The Company is leveraging its exte ...

Group 1 - Hepsor AS and EfTEN Special Opportunities Fund's joint venture, Hepsor SOF OÜ, acquired properties at Narva mnt 150 and 150a for EUR 6.3 million, generating a profit of EUR 2.8 million for Hepsor, with EUR 1.4 million realized in Q3 2025 [1] - The acquisition is part of a larger cooperation project in Lasnamäe, Tallinn, which includes the construction of approximately 300 homes and some commercial premises, with the first construction stage set to begin in 2026 [2] - Hepsor has completed the Paevälja courtyard houses project in the same area, building 100 new homes, and plans to construct around 500 new homes and 4,200 m² of commercial space in the broader development area [3] Group 2 - Recent approvals for detailed plans in December 2024 and May 2025 will enable Hepsor to build an additional 400 homes in the development area [4] - The Lasnamäe district is one of the most densely populated residential areas in Estonia, with low development competition, making the project strategically important for Hepsor [5] - The partnership with EfTEN is expected to enhance the quality of life in Lasnamäe and strengthen Hepsor's capital structure, leveraging EfTEN's experience in property investment [6]