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High-Trend International Group (NASDAQ: HTCO) Welcomes President Trump's Support as Board Member Brian Su Advocates for U.S. Maritime Innovation and Global Leadership
Prnewswire· 2025-06-26 13:00
Core Viewpoint - High-Trend International Group (HTCO) is actively engaged in promoting U.S. maritime innovation and global leadership, with support from President Trump, emphasizing the importance of restoring American shipbuilding capabilities and strategic industries [1][2][3] Company Initiatives - HTCO is focused on sustainable maritime solutions, infrastructure development, and international trade facilitation, positioning itself as a strategic player in reshoring maritime manufacturing and leading technological modernization in ocean freight [4][5] - The company is developing partnerships and pilot projects to introduce advanced clean energy propulsion systems and intelligent logistics platforms across its global network [4] Leadership and Advocacy - Mr. Brian Su, an Independent Director at HTCO, is advocating for the rebuilding of America's shipbuilding capabilities and advancing maritime technology, reflecting the company's commitment to innovation and sustainability [2][3] - The CEO of HTCO, Mr. Shixuan He, highlighted the recognition of Mr. Su's views at the highest level, reinforcing the company's mission to lead the transformation of the ocean shipping industry [4]
Fairfax Welcomes Mr. Amitabh Kant as Senior Advisor
Globenewswire· 2025-06-26 11:45
Group 1 - Fairfax Financial Holdings Limited has appointed Mr. Amitabh Kant as a Senior Advisor, bringing over four decades of public service experience and expertise in economic development and innovation [1][2] - The company anticipates significant opportunities in India as it aims to transition from a $4 trillion economy to a $30+ trillion economy by 2047, particularly through the "Viksit Bharat" initiative [2][3] - Fairfax and its affiliate, Fairfax India, are already invested in critical sectors such as infrastructure, urbanization, financial services, logistics, and mobility, which are essential for India's economic transformation [2][3] Group 2 - Mr. Kant played a pivotal role during India's G20 presidency, focusing on digital public infrastructure, climate finance, and multilateral reform, and has a history of unifying stakeholders for development goals [3] - His leadership in initiatives like the Aspirational Districts Programme and reforms under the Make in India and Startup India campaigns significantly improved India's Ease of Doing Business rankings by 79 places [3] - The company values Mr. Kant's integrity and alignment with its core values, aiming to enhance long-term objectives and deliver lasting value for investors and stakeholders [4]
Diginex Limited Added to S&P Global BMI Index, Marking Key Milestone in the Company’s Development
Globenewswire· 2025-06-26 11:30
Core Insights - Diginex Limited has been included in the S&P Global Broad Market Index (BMI), effective June 22, 2025, marking a significant milestone for the company [1][2][3] Company Overview - Diginex Limited is a leading provider of Sustainability RegTech solutions, focusing on streamlining ESG, climate, and supply chain data collection and reporting [5] - The company utilizes advanced technologies such as blockchain, AI, and machine learning to enhance transparency in corporate regulatory reporting and sustainable finance [5] S&P Global BMI Inclusion - The S&P Global BMI is a comprehensive equity benchmark that includes over 14,000 companies from developed and emerging markets, indicating Diginex's compliance with standards of market capitalization, liquidity, and public float adjustment [2][4] - Inclusion in the S&P Global BMI is expected to enhance Diginex's visibility among institutional investors and broaden its shareholder base, potentially improving trading liquidity and supporting long-term growth [3][2] Product and Service Offerings - Diginex's award-winning diginexESG platform supports 17 global frameworks, including GRI, SASB, and TCFD, providing clients with comprehensive ESG reporting solutions [6] - The platform offers end-to-end support, including materiality assessments, data management, stakeholder engagement, and report generation [6]
OTC Markets Group Welcomes Star Copper Corp. to OTCQX
GlobeNewswire News Room· 2025-06-26 11:00
Core Points - Star Copper Corp. has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market, which signifies a milestone for the company [1][3][4] - The upgrade reflects the company's strategic planning and commitment to fiscal health, compliance, and corporate governance, aiming to increase visibility among U.S. investors [4][5] - Star Copper's flagship project is located in British Columbia's Golden Triangle, focusing on advancing copper-gold exploration with plans for geological mapping, drilling, and environmental studies [5] Company Overview - Star Copper Corp. is a mineral exploration company dedicated to advancing Canadian mining projects, particularly in the copper-gold sector [5] - The company is focused on its Star Project, which has confirmed open mineralization and plans for further exploration and resource estimation [5] - Star Copper aims to support the growing global demand for electrification through sustainable development and value creation [5] Market Context - The OTCQX Market is designed for established companies that meet high financial standards and corporate governance practices, enhancing their visibility and access to U.S. investors [3][6] - OTC Markets Group Inc. operates regulated markets for trading a wide range of U.S. and international securities, providing critical market infrastructure for broker-dealers [6][7]
California Nanotechnologies Announces FY2025 Results
Newsfile· 2025-06-26 11:00
Core Insights - California Nanotechnologies Corp. reported revenues of US$6,224,738 for the fiscal year ending February 28, 2025, marking an 87% increase from the previous year [1] - The company experienced a net loss of US$158,333, a significant decline from a net income of US$381,678 in the prior fiscal year, primarily due to non-cash charges related to share purchase warrants [2] - Adjusted EBITDA for the fiscal year was US$2,558,515, a substantial increase of 121% compared to US$1,157,141 in the previous year [6][12] Financial Performance - Revenues for the fiscal quarter ended February 28, 2025, were US$1,147,522, representing a 17% increase year-over-year [6] - Gross margin for the fiscal year was 74%, an improvement from 70% in the previous year, attributed to operational efficiencies [5][12] - The company reported cash flow from operations of US$2,923,881, a dramatic increase of 2,704% compared to US$104,284 in the prior year [12] Business Strategy and Outlook - The CEO stated that the company is entering a new phase aimed at creating predictable and scalable revenues through recurring commercial orders [4] - The company has made significant investments in personnel and equipment, totaling over US$2 million in FY2025, to support future growth [8] - The company aims to diversify its revenue streams and reduce reliance on a single customer, particularly in light of reduced activity from its green steel customer [9][10] Operational Highlights - The increase in revenue was primarily driven by manufacturing services, which generated US$5,316,068, and Spark Plasma Sintering (SPS) equipment deliveries, contributing US$908,670 [4] - The company has improved its balance sheet by fully repaying borrowings from Omni-Lite Industries Canada Inc., enhancing its financial flexibility [11] - The company anticipates fluctuations in gross margin based on the mix of manufacturing services and equipment sales [5]
Metro Celebrates the MVPs of Summer: Ontario Farmers and Producers
Globenewswire· 2025-06-26 11:00
The Grocer is proud to highlight its commitment to supporting local, by celebrating the true MVPs of the season—Ontario farmers and producers who bring the freshest summer items to our tables.Toronto, June 26, 2025 (GLOBE NEWSWIRE) -- This summer, Metro is celebrating the heart of Ontario’s food scene by shining a spotlight on the true MVPs of the season—local farmers and producers who bring fresh, flavourful ingredients to tables across the province. With record levels of interest in Canadian-grown and pro ...
Quarterra Group Announces Start of Leasing at Artemas Apartments
Prnewswire· 2025-06-26 10:20
Core Insights - Quarterra Group, a subsidiary of Lennar Corporation, has launched leasing for Artemas, a mid-rise apartment community in Everett, Massachusetts, featuring 396 apartment homes and 1,500 square feet of retail space [1][2] Company Overview - Quarterra Group focuses on creating long-term value through the development of high-quality multifamily communities across the United States, leveraging institutional scale and local market expertise [8] - The company is expanding its Emblem portfolio, which includes affordably priced communities designed to meet the needs of modern renters while promoting sustainable housing solutions [9] Project Details - Artemas is designed to reflect the vibrant character of Everett, offering amenities such as a rooftop deck with views of Boston, fitness center, resort-style pool, and various communal spaces [3][6] - The community is strategically located near entertainment options, parks, and retail hubs, enhancing the living experience for residents [3][4] Apartment Features - Residents can choose from studio, one-, and two-bedroom floor plans ranging from 561 to 1,481 square feet, with select units offering additional living spaces and luxury finishes [5] - All apartments are equipped with modern amenities, including stainless steel appliances and quartz countertops, with some featuring balconies and walk-in closets [5] Accessibility and Connectivity - Artemas is conveniently located near public transportation options, including the MBTA Orange Line and bus routes, providing easy access to Downtown Boston and surrounding areas [4]
NIP Group Releases Inaugural Sustainability Report for 2024, Charting New Course for the Digital Entertainment Industry
Globenewswire· 2025-06-26 10:00
Core Insights - NIP Group Inc. has published its inaugural sustainability report, highlighting its commitment to corporate governance, sustainable development, and social value creation in the digital entertainment sector following its IPO in July 2024 [1][2] Group 1: Sustainability Report Highlights - The 2024 sustainability report is the first comprehensive report of its kind in the global esports industry, emphasizing NIP Group's efforts to integrate sustainability into its operations [2] - The report outlines NIP Group's measurable impact across four key pillars: Sound Governance, Diversified Development, People-First, and Esports for Good [3] Group 2: Sound Governance - NIP Group has strengthened corporate governance and compliance, enhancing internal controls and risk management frameworks across its global operations [4] - The company has engaged transparently with stakeholders and joined China's Trust and Integrity Enterprise Alliance, promoting business ethics and accountability [4] Group 3: Diversified Development - NIP Group has expanded its digital entertainment ecosystem, delivering immersive experiences and organizing or co-hosting 100 esports and entertainment events across 255 locations by the end of 2024 [5] - The company entered the game publishing market and formed strategic partnerships, including collaboration with the Abu Dhabi Investment Office [5] Group 4: People-First - NIP Group prioritizes employee well-being and diversity, achieving near gender parity with women comprising 47.8% of its workforce and providing comprehensive training programs [6][7] - The company maintains a 100% return rate from maternity leave and covers all employees with social insurance [6] Group 5: Esports for Good - NIP Group drives positive social impact through youth empowerment programs, environmental stewardship, and charitable initiatives, including disability-inclusive esports training [8] - The company mobilizes fans around sustainability through environmental campaigns and enhances city identities via esports-themed cultural tourism [8]
Beam Global and Platinum Group UAE Sign Joint Venture Agreement Creating Beam Middle East LLC
Globenewswire· 2025-06-26 10:00
SAN DIEGO, June 26, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that it has entered into a joint venture agreement with the Platinum Group LLC, based in the United Arab Emirates (UAE). Chaired by His Royal Highness, Sheikh Mohammed Sultan Bin Khalifa Al-Nahyan, the Platinum Group UAE is recognized for its well-established and trusted relationships ...
RETRANSMISSION: HIVE Achieves FY2025 Total Revenue of $115.3 Million and $56.2 Million Adjusted EBITDA with 1,414 Bitcoin Mined and 3x Growth in AI GPU Revenue
Newsfile· 2025-06-26 10:00
Core Insights - HIVE Digital Technologies Ltd. reported total revenue of $115.3 million for FY2025, with a significant contribution from digital currency mining and high-performance computing (HPC) services [2][5] - The company achieved an adjusted EBITDA of $56.2 million, representing 48.7% of total revenue, despite a net loss of $3.0 million [5][6] - HIVE's digital currency mining revenue decreased by 5.2% year-over-year to $105.2 million, primarily due to the April 2024 Bitcoin halving and increased hash rate difficulty, although offset by a 40% increase in mining hashrate [5][6] Financial Highlights - Total revenue for FY2025 was $115.3 million, with digital currency mining contributing $105.2 million and HPC revenue at $10.1 million, which saw a 3x growth year-over-year [5][7] - The company mined 1,414 Bitcoin during the fiscal year, contributing to its digital asset holdings valued at $181.1 million, including 2,201 Bitcoin [5][6] - Gross operating margins were reported at $25.1 million, or 21.8% of total revenue, while general and administrative expenses increased to $16.6 million due to global expansion efforts [5][6] Management Insights - The company expanded its operational hashrate from 4.5 EH/s to 6.3 EH/s, a 40% increase, and acquired 300 MW of hydro-powered green energy sites in Paraguay [6][7] - HIVE aims to scale its Bitcoin mining business to 25 EH/s by December 31, 2025, and continues to grow its Buzz HPC business [6][7] - The transition from IFRS to US GAAP is expected to enhance comparability with U.S.-listed peers and support growth ambitions in U.S. capital markets [6][7] Q4 FY2025 Highlights - For Q4 FY2025, total revenue was $31.2 million, with digital currency mining revenue at $28.1 million, reflecting a 5.5% sequential increase [7] - The company mined 303 Bitcoin in Q4, a 6% decrease from the previous quarter due to increased hashrate difficulty [7] - Buzz HPC revenue reached a record $3.0 million during the quarter, up 18.5% sequentially, driven by strong demand in high-performance computing markets [7]