WEST PALM BEACH, Fla. and PARIS, July 28, 2025 (GLOBE NEWSWIRE) -- AMG, a strategic partner to leading independent investment management firms globally, today announced that it has entered into a definitive agreement to acquire a minority equity interest in Montefiore Investment ("Montefiore"), a leading middle-market private equity firm in France and southern Europe. Under the terms of the transaction, Montefiore's management will retain a substantial majority of the firm's equity, continue to lead the org ...

Core Insights - Precision Global Corporation (PGC) has partnered with CubeSmart to manage four self-storage properties in Texas, highlighting PGC's growth and commitment to operational excellence [1][2] - CubeSmart officially took over management of these properties on July 25, 2025, marking a significant milestone in PGC's expansion in the self-storage sector [2] - The partnership aims to enhance customer experience and operational performance through CubeSmart's proven management model [3][4] Company Overview - Precision Global Corporation is a private equity firm focused on real estate investment and development, particularly in high-growth, income-producing assets like self-storage and RV parks [5] - CubeSmart, founded in 2004, is a publicly traded REIT and a leading operator in the self-storage industry, managing over 1,300 facilities across the U.S. [6]

Core Viewpoint - Baru Gold Corp. is making significant progress in securing a funding agreement of up to $100 million USD with Quantum Metal Thailand Co., LTD for the Sangihe Gold Project, following a successful private placement raising $1 million CAD [1][2][3]. Funding Agreement - Baru and QMT are exclusively negotiating the funding for the Sangihe Gold Project and are not considering third-party offers [2]. - The $1 million CAD raised is a prerequisite for advancing negotiations towards a definitive agreement, ensuring the company is well-capitalized [3]. - The exclusivity period aims to facilitate focused negotiations and expedite the closing of the funding agreement [3]. Due Diligence and Negotiations - Both parties are currently in a due diligence phase, reviewing the terms of the definitive agreement [4]. - The definitive agreement is expected to be executed within 60 days after satisfactory due diligence on the company's financials and operations [5]. Project Development - The proposed funding will support the near-term development, resource expansion, and construction activities for the Sangihe Gold Project [6]. - The company anticipates that finalizing this transaction will secure long-term capital and unlock value for shareholders [6]. Project Overview - The Sangihe Gold Project is located on the Indonesian island of Sangihe, covering approximately 25,000 hectares, with only 10% of the gold-bearing area explored [7]. - The company holds a 70% interest in the Sangihe mineral tenement Contract of Work, with a 30% interest held by other Indonesian corporations [9].

Core Insights - Natural Alternatives International, Inc. (NAI) has extended its partnership with The Juice Plus+ Company through a new multi-year Manufacturing Agreement for Juice Plus+ capsule and powder products sold in over 24 markets globally [1][2] Company Overview - NAI is a leading formulator, manufacturer, and marketer of customized nutritional supplements, providing a comprehensive range of services including scientific research, proprietary ingredients, product formulation, testing, marketing management, packaging design, and regulatory review [2] Partnership Details - The partnership extension reflects a shared commitment to delivering premium nutritional products backed by extensive scientific research, with both companies focused on enhancing the health-promoting properties of Juice Plus+ products [2] - Juice Plus+ CEO expressed satisfaction with the commercial relationship, highlighting NAI's commitment to quality and innovation, indicating that the contract extension will be mutually beneficial [2]

Core Viewpoint - Morien Resources Corp has entered into a strategic partnership with a large U.S.-based regional crushed stone operator to explore long-life crushed stone opportunities in Atlantic Canada [1][3]. Group 1: Strategic Partnership - The partnership aims to leverage Morien's regional expertise and relationships to unlock the potential of high-quality mineral resources in Atlantic Canada for domestic and export infrastructure markets [2][3]. - The collaboration is expected to capitalize on Atlantic Canada's strategic location, deep-water access, and high-quality stone resources to meet rising infrastructure demands in Canada and the eastern U.S. [3]. Group 2: Project Development - A granite project in Nova Scotia has advanced to formal technical and stakeholder engagement, with environmental and permitting groundwork underway [4]. - A limestone project in Newfoundland is progressing through due diligence, including early-stage technical and commercial assessment [4]. Group 3: Financial Terms - Under the strategic partnership agreement, Morien will receive milestone payments upon successful permitting of designated projects and is entitled to a competitive production royalty on future sales [5]. - The partner will reimburse Morien's time and expenses associated with each project, aligning with Morien's focus on disciplined project selection and a partner-driven business model [5]. Group 4: Future Updates - The company expects to provide further updates as milestones are achieved within this new aggregate initiative [6].

Core Viewpoint - Flutter Entertainment has announced the extension of its strategic partnership with Boyd Gaming Corporation to 2038 and the acquisition of Boyd's 5% stake in FanDuel for approximately $1.755 billion, increasing Flutter's ownership in FanDuel to 100% at an implied valuation of around $31 billion [1][2][3]. Group 1: Strategic Partnership and Acquisition - The acquisition involves a payment of approximately $1.755 billion, which includes $1.55 billion for the stake in FanDuel and $205 million for revised commercial terms [2][12]. - The strategic partnership extension with Boyd will lead to significantly reduced market access costs, expected to save Flutter approximately $65 million annually starting July 1, 2025 [2][6][12]. Group 2: Market Position and Financial Impact - FanDuel holds a 43% market share in sports betting and 27% in iGaming in the US, making it the clear market leader [6][12]. - The transaction is anticipated to enhance Flutter's long-term profitability profile and mitigate potential tax increases, with the expected annual savings contributing to a more favorable adjusted EBITDA margin [6][12]. Group 3: Financial Arrangements - Flutter has entered into a bridge credit agreement for a senior secured first lien term loan of $1.75 billion to finance the acquisition [5][7]. - The leverage ratio is expected to increase initially but is projected to decrease due to visible profitable growth opportunities, with a commitment to maintain a medium-term leverage ratio of 2.0-2.5x [3][6].

Core Insights - Mighty Distributing System of America has formed a strategic partnership with Donaldson Company, Inc. to enhance its heavy-duty product offerings, combining Donaldson's filtration expertise with Mighty's inventory management services [1][3] - The heavy-duty parts aftermarket in the U.S. is projected to exceed $92.7 billion in 2025, prompting Mighty to expand its product lineup to cater to the trucking, construction, and agricultural industries [2] - The collaboration aims to provide premium filtration solutions and tailored inventory management to meet the demands of heavy-duty operators, focusing on minimizing downtime and extending equipment life [5] Company Overview - Mighty Distributing System of America, based in Peachtree Corners, GA, specializes in inventory management and distribution services for commercial vehicle operations, with over 60 years of experience [7] - Donaldson Company, founded in 1915, is a global leader in filtration solutions, serving various industries through its three primary segments: Mobile Solutions, Industrial Solutions, and Life Sciences [8] Product and Service Offerings - The partnership will deliver Donaldson's OE-grade filtration technology, which is designed to protect equipment, reduce maintenance costs, and increase uptime in heavy-duty environments [3][4] - Mighty provides high-touch inventory management services, offering weekly or bi-weekly support to reduce surplus stock and ensure necessary products are readily available [4]

Strategic Partnership - Britain and France are renewing their strategic partnership [1] International Relations - The renewed partnership marks a turning point after a difficult period for cross-channel relations between Britain and France [1]

Core Viewpoint - MingZhu Logistics Holdings Limited has announced its acquisition of Shenzhen Mingzhuchun Wine Co., Ltd., aiming to expand into China's liquor distribution sector, leveraging synergies with its existing logistics operations [1][4]. Group 1: Acquisition Details - MingZhu will acquire 100% of Mingzhuchun in exchange for 2,000,000 ordinary shares upon closing of the transaction [2]. - Additional earnout payments of 2,000,000 ordinary shares each will be made if Mingzhuchun achieves a net income of no less than US$1 million for the fiscal years 2025 and 2026 [2]. Group 2: Strategic Alignment - The acquisition aligns with MingZhu's strategic plan to enter the commercial liquor distribution sector in China [4]. - The company is exploring partnerships with established liquor distributors to enhance its distribution network across the country [4]. Group 3: Industry Context - Mingzhuchun specializes in distributing high-quality liquor from Maotai Town, Guizhou, known for its prestigious baijiu production [5]. - Baijiu is the national drink of China, dominating the domestic spirits market and is integral to various social and business occasions [5].

Core Viewpoint - Mustang Energy Corp. has completed initial payments and share issuances under two strategic option agreements with Thunderbird Resources Ltd, marking a significant step in advancing the Cluff Lake and Surprise Creek Projects [1][2]. Cluff Lake Project - The Company has entered into the Cluff Lake Agreement to acquire an 80% interest in mineral tenements around Cluff Lake [2]. - Initial consideration for the Cluff Lake Option included a cash payment of $20,000 and the issuance of 425,531 common shares [3]. - To earn a 60% interest in the Cluff Lake Project, the Company must make an additional cash payment of $50,000 and incur exploration expenditures of $1,000,000 by June 3, 2027 [4]. - For an additional 20% interest, the Company must pay another $50,000 and spend $2,000,000 on exploration by the second anniversary of earning the Stage 1 interest [4]. - Upon earning the Stage 2 interest, Thunderbird will retain a 2% Net Smelter Return royalty on the Cluff Lake Project [5]. Surprise Creek Project - The Company has also entered into the Surprise Creek Agreement to acquire an 80% interest in mineral tenements around Surprise Creek [2]. - Initial consideration for the Surprise Creek Option included a cash payment of $20,000 and the issuance of 425,531 common shares [6]. - To earn a 51% interest in the Surprise Creek Project, the Company must make a cash payment of $50,000 and incur exploration expenditures of $1,000,000 by June 3, 2027 [7]. - For an additional 29% interest, the Company must pay another $50,000 and spend $2,000,000 on exploration by the second anniversary of earning the Stage 1 interest [7]. - Upon earning the Stage 2 interest, Thunderbird will retain a 2% Net Smelter Return royalty on the Surprise Creek Project [8]. Share Issuance and Regulatory Compliance - All shares issued to Thunderbird are subject to a statutory hold period of four months and one day from the closing date [9]. - Share values for future issuances under the Stage 2 interests will be determined by market price at the time of issuance, in accordance with Canadian Securities Exchange policies [4][7]. Company Overview - Mustang Energy Corp. focuses on acquiring and developing high-potential uranium and critical mineral assets, actively exploring properties in Northern Saskatchewan, Canada [10]. - The Company holds 92,211 hectares in the Athabasca Basin, including several projects such as Ford Lake, Cigar Lake East, Roughrider South, Yellowstone, and Dutton [10].