KUALA LUMPUR, Nov. 26, 2025 (GLOBE NEWSWIRE) -- CBL International Limited (NASDAQ: BANL) (the “Company” or “CBL”), the listing vehicle of the Banle Group (“Banle” or “the Group”), is proud to announce that it has been awarded the “CGMA Excellent Sustainability Award” at the prestigious CGMA Annual Awards 2025. The award was presented at a gala ceremony held on November 26, 2025, in Shanghai. The CGMA Annual Awards are highly respected in the industry, recognizing excellence and innovation in management acco ...

Core Viewpoint - South Star Battery Metals Corp. has successfully closed the third and final tranche of its non-brokered private placement, raising a total of C$6,672,000 (approximately US$4,800,000) through the Unit Offering, which will support exploration and development activities [2][5]. Group 1: Unit Offering Details - The third tranche involved the issuance of 22,744,253 units at a price of C$0.15 per unit, generating gross proceeds of C$3,411,638 (approximately US$2,454,416) [2][5]. - Each unit consists of one common share and one common share purchase warrant, with warrants allowing the purchase of additional shares at C$0.20 for five years [3]. - The total gross proceeds from all tranches of the Unit Offering will be allocated for exploration, development, general administrative expenses, and working capital [4]. Group 2: Shareholder Approval and Insider Participation - Shareholders approved all matters at the Annual General and Special Meeting, including the creation of a new control person, Tiago Sampaio Cunha, who purchased an additional 12,342,087 units in the third tranche [6][8]. - Following the third tranche closing, Mr. Tiago Cunha's funds control 25,455,552 shares, representing 23.92% of the company's issued shares [6]. Group 3: Financial and Operational Highlights - The company paid finder's fees totaling C$258,995 (approximately US$186,328) in cash and issued 1,987,722 shares as part of the Unit Offering [7]. - The Santa Cruz Graphite Project in Brazil is the first new graphite production in the Americas since 1996, with successful pilot-plant testing showing high recovery rates and quality [10]. - The BamaStar Project in Alabama has demonstrated strong economic results with a pre-tax NPV of US$2.4 billion and an IRR of 35% [11].

Core Insights - The Xtrackers MSCI Emerging Markets Climate Selection ETF (EMCS) has reached a 52-week high, increasing by 48.3% from its 52-week low of $24.18 per share [1] Group 1: Fund Overview - EMCS provides exposure to companies with high Environmental, Social, and Governance (ESG) performance compared to their sector peers [2] - The fund charges an annual fee of 15 basis points [2] Group 2: Performance Drivers - The rise in EMCS's performance is attributed to favorable government policies, declining costs of renewable technologies, increased corporate investments, and technological innovations that enhance efficiency and lower installation costs [3] - Current U.S. administrative policy changes are negatively impacting the clean energy sector, leading to increased investments in the renewable sector of emerging markets [3] Group 3: Future Outlook - EMCS is expected to maintain strong performance in the near term, indicated by a positive weighted alpha of 34.71, suggesting potential for further gains [4]

Core Viewpoint - South Star Battery Metals Corp. has successfully closed the first tranche of its non-brokered private placement, raising gross proceeds of C$828,227 (approximately US$595,847) by issuing 5,521,512 units at a price of C$0.15 per unit [1][3]. Group 1: Unit Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at C$0.20 for five years, subject to acceleration conditions [2]. - The securities from the first tranche are subject to a statutory hold period of four months and one day, and the net proceeds will be allocated for exploration, development, and working capital [3]. - The company plans to close additional tranches of the Unit Offering, pending necessary approvals [4]. Group 2: Changes in Financing Strategy - The company has decided to cancel a previously announced Note Offering of convertible notes for gross proceeds of up to C$2.085 million, redirecting those funds to purchase units in the Unit Offering instead [5]. - This change has increased the total size of the Unit Offering to up to C$6,255,000 (US$4.5 million) [5]. Group 3: Insider Participation - Funds controlled by Mr. Tiago Cunha purchased 1,557,912 units in the first tranche, giving him control of 19.9% of the company's shares [6]. - The company intends to hold a shareholder meeting to seek approval for Mr. Cunha to become a control person, which would allow for the purchase of an additional 12,342,088 units [6]. - Insiders collectively purchased 2,007,912 units in the first tranche, qualifying as a related party transaction under MI 61-101, with the company relying on exemptions from formal valuation and minority shareholder approval [7]. Group 4: Company Overview - South Star Battery Metals Corp. is focused on developing battery metals projects in the Americas, with its Santa Cruz Graphite Project in Brazil being the first to enter production [11]. - The Santa Cruz project has shown promising results, with successful pilot-plant testing indicating high-quality graphite concentrate [11]. - The BamaStar Project in Alabama is also in development, with strong economic assessments indicating a pre-tax NPV of US$2.4 billion and an IRR of 35% [12].

Investor Presentation August 2025 Disclaimer This presentation contains certain statements that may be deemed to be "forward-looking statements" within the meaning of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, that address activities, events or developments that the Company expects, projects, believes or anticipates will or may occur in the future, including, without limitation, the outlook for fleet utilization and shipping rates, general industry condit ...

Core Insights - Intesa Sanpaolo is committed to supporting Ukraine's reconstruction through blended finance, ESG principles, and long-term investment [2][3] - The bank operates in Ukraine through its subsidiary Pravex Bank, making it the only Italian banking group with a presence in the country [3] Group Commitment and Strategy - Intesa Sanpaolo adopts a prudent approach in the current geopolitical landscape, avoiding excessive risk while preparing to support reconstruction projects when conditions permit [3] - The Group collaborates with supranational institutions like the EBRD and EIB to contribute to development projects aimed at rebuilding Ukraine [3] Economic Revitalization - Rebuilding Ukraine's economy necessitates both private capital and support from supranational financial institutions, with Intesa Sanpaolo playing a crucial role in blended finance mechanisms [3] - The Group emphasizes stability and local development, focusing on long-term investments in regions where sustainable growth is possible [3] Inclusive Growth and ESG Alignment - Intesa Sanpaolo promotes inclusive growth, financial education, and ESG-aligned financing in all its operational regions, including Ukraine [3] - The bank aims to support not only economic reconstruction but also the long-term sustainable development of local communities in Ukraine [3] Green Financing Initiatives - As a leader in the transition to a low-carbon economy, Intesa Sanpaolo offers dedicated green credit lines and a growing portfolio of sustainable products, which can aid in Ukraine's future rebuilding efforts [3]

Core Viewpoint - TeraWulf Inc. has announced the acquisition of Beowulf Electricity & Data LLC, which aims to simplify its corporate structure and enhance operational efficiency through vertical integration and resource consolidation [1][2][3]. Transaction Overview - The total consideration for the acquisition is approximately $52.4 million, comprising $3 million in cash and 5 million shares of TeraWulf common stock [2]. - The agreement includes contingent cash payments of up to $19 million and additional common stock worth up to $13 million, contingent on achieving key milestones [2]. - Following the acquisition, 94 employees from Beowulf E&D have transitioned to TeraWulf, and an existing services agreement with Beowulf E&D has been terminated [2]. Strategic Rationale - The acquisition consolidates operations under a unified structure, enhancing transparency, governance, and strategic flexibility for long-term growth [3]. - The transaction was approved by an independent committee of the Board of Directors, ensuring fairness and compliance [3]. - The integration of Beowulf E&D's expertise in power generation supports TeraWulf's growth strategy, particularly in high-power compute operations [6]. Company Overview - TeraWulf develops and operates sustainable data center infrastructure in the U.S., primarily for bitcoin mining and high-performance computing (HPC) workloads [4]. - The company generates revenue mainly through bitcoin mining, utilizing predominantly zero-carbon energy sources [4]. - TeraWulf is committed to environmental, social, and governance (ESG) principles, aiming for industry-leading economics in its operations [4]. Strengthened Vertical Integration - The acquisition enhances TeraWulf's access to capital markets by simplifying its corporate structure, improving transparency for debt investors [6]. - The elimination of a related-party structure broadens engagement with institutional investors, who may have been previously constrained by such disclosures [6].

Business Highlights - Danaos has a charter backlog of $3.7 billion through 2033 with world leading liner companies[7] - The company has secured multi-year chartering agreements for all fifteen newbuilding vessels[7] - Strong operating days contract coverage of 99% for 2025 and 85% for 2026 limits downside risk and provides solid contracted income base[7] - Danaos met the IMO 2030 carbon intensity targets 11 years ahead of requirements in 2019 and continues to meet the target with a 51.4% reduction in CO2 emissions per ton miles for year 2024[7] - Net Debt / Adjusted EBITDA ratio of 0.42x as of March 31, 2025[7] - During April and May 2025, the company purchased 2,060,399 shares of common stock of '' SBLK'' in the open market for $27.8 million and currently owns 6,130,613 shares of common stock of "SBLK"[7] Financial Performance (Q1 2025) - Operating Revenues were $253.3 million for the three months ended March 31, 2025[9] - Adjusted EBITDA was $171.7 million for the three months ended March 31, 2025[9] - Adjusted Net Income was $113.4 million for the three months ended March 31, 2025[9] - Time Charter Equivalent was $36,565 per day for container vessels and $10,513 per day for dry bulk vessels for the three months ended March 31, 2025[9]