Renewable Natural Gas

Search documents
Village Farms International Regains NASDAQ Compliance
Globenewswire· 2025-06-09 11:00
Core Viewpoint - Village Farms International has regained compliance with Nasdaq's minimum closing bid price requirement, indicating a positive development for the company's stock listing status [1] Company Overview - Village Farms is a large-scale, vertically-integrated supplier of high-value, plant-based Consumer Packaged Goods, leveraging decades of experience in Controlled Environment Agriculture [2] - The company has established itself as a leading fresh produce supplier in the US and Canada, now focusing on high-growth cannabinoid opportunities internationally [2] Cannabis Operations - In Canada, Pure Sunfarms, a wholly owned subsidiary, is one of the largest cannabis operations globally, with 2.2 million square feet of greenhouse production and recognized as a low-cost producer [3] - Village Farms owns an additional 2.6 million square feet of greenhouse capacity in Canada for future expansion and holds an 80% stake in Rose LifeScience, a leader in cannabis product commercialization [3] International Expansion - The company is targeting legal cannabis opportunities internationally, exporting medical cannabis from its EU GMP certified facility in Canada to markets such as Germany, the UK, Israel, Australia, and New Zealand [4] - In Europe, Leli Holland, a wholly-owned subsidiary, holds one of ten licenses to grow and distribute recreational cannabis within the Dutch Coffee Shop Experiment [4] US Market Strategy - In the US, Balanced Health Botanicals, a wholly owned subsidiary, is a leading CBD and hemp-derived brand, with plans to enter the US THC market leveraging its Texas-based greenhouse assets [5] - The company has 2.2 million square feet of existing greenhouse capacity and 950 acres of owned, unoccupied land for future expansion in the US [5] Clean Energy Initiatives - Village Farms Clean Energy, in partnership with Terreva Renewables, generates renewable natural gas from landfill gas, significantly reducing greenhouse gas emissions in Vancouver [6] - This initiative is equivalent to removing over 100,000 vehicles from the road or powering 51,300 homes for a year [6] Joint Ventures - The company holds a 37.9% equity interest in Vanguard Food LP, a joint venture aimed at creating a premier branded CPG foods company through mergers and acquisitions [7] - Vanguard Food LP plans to acquire additional produce assets and operations with the support of private investment partners [7]
EverGen Infrastructure Corp. Announces Closing of First Tranche of Private Placement and Change of Management
Globenewswire· 2025-05-22 05:21
Core Viewpoint - EverGen Infrastructure Corp. has successfully closed a Private Placement transaction with Ask America, LLC, raising CAD$5,000,000 and undergoing a significant Change of Management [1][2][6]. Private Placement - The first tranche of the Private Placement involved the issuance of 8,333,333 Common Shares at a price of $0.60 per share, resulting in gross proceeds of CAD$5,000,000 [2]. - The Company anticipates additional tranches of the Private Placement, potentially raising up to CAD$7,000,000 in total [2]. - The Common Shares from the Private Placement are subject to a four-month hold period under applicable securities laws [3]. Change of Management - A majority of the executive officers and directors resigned, with a new management team appointed, including Chase Edgelow as CEO and Ron Green as COO [6]. - The new Board of Directors consists of Chase Edgelow, Varun Anand, Blake Almond, and Mischa Zajtmann, and these changes were approved by a majority of shareholders [6]. Shareholder Impact - Following the Private Placement, Ask America holds approximately 37% of the issued and outstanding Common Shares on a non-diluted basis and about 34% on a fully diluted basis [8]. - Prior to the Private Placement, Ask America did not own any securities of the Company [8]. Equity Incentive Grant - The Company granted 1,500,000 stock options, 150,000 deferred share units, and 350,000 restricted share units to certain directors and officers as part of its equity incentive plan [10]. - The stock options have an exercise price of $0.60 per Common Share and a seven-year term, with vesting occurring over three years [10]. Company Overview - EverGen Infrastructure Corp. is a Canadian renewable natural gas infrastructure platform focused on combating climate change and promoting sustainable energy solutions [11]. - The Company is headquartered on the West Coast of Canada and is involved in acquiring, developing, and operating renewable energy projects [11].
Babcock & Wilcox(BW) - 2025 Q1 - Earnings Call Transcript
2025-05-12 22:02
Babcock & Wilcox Enterprises (BW) Q1 2025 Earnings Call May 12, 2025 05:00 PM ET Company Participants Sharyn Brooks - Director - Communications & MarketingKenneth Young - Chair & CEOCameron Frymyer - EVP & CFO Conference Call Participants Aaron Spychalla - Research AnalystRob Brown - Founding Partner & Senior Research Analyst Operator Good afternoon. Thank you for attending the Babcock and Wilcox Enterprises First Quarter twenty twenty five Conference Call. All lines will be muted during the presentation po ...
NOW(DNOW) - 2025 Q1 - Earnings Call Transcript
2025-05-07 14:00
DNOW (DNOW) Q1 2025 Earnings Call May 07, 2025 09:00 AM ET Speaker0 Good morning. My name is Janine, and I will be your conference operator for today. At this time, I would like to welcome everyone to the DN Now First Quarter twenty twenty five Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Mr. Brad Weiss, Vice President of Digital Strategy and Investor Relations, you may begin your confe ...