Company Overview - VivoPower International PLC is transforming into the world's first XRP-focused digital asset enterprise, focusing on the acquisition, management, and long-term holding of XRP digital assets as part of a diversified digital treasury strategy [2] - The company operates globally, with a presence in the United Kingdom, Australia, North America, Europe, the Middle East, and Southeast Asia, and is recognized as an award-winning global sustainable energy solutions B Corporation [3] Business Units - VivoPower has two main business units: Tembo and Caret Digital. Tembo focuses on electric solutions for customized fleet applications and ancillary services such as financing, charging, battery, and microgrids [3] - Caret Digital is dedicated to maximizing the use cases for renewable power, including digital asset mining [3] Recent Developments - VivoPower announced a US$121 million private placement priced at US$6.05 per share, which is above the last market closing price, as part of its new strategic direction [1]

Core Viewpoint - CHAR Technologies Ltd. and The BMI Group are entering a strategic partnership to enhance biocarbon production and have initiated a non-brokered private placement to raise C$2,000,000 for project development [1][3][8] Group 1: Strategic Partnership - The partnership aims to accelerate the commercial biocarbon production timelines at the CHAR Tech Thorold Renewable Energy Facility, targeting completion by Q4 2025 [1][8] - The BMI Group's investment will focus on revitalizing industrial sites and leveraging wood fibre for next-generation applications, indicating a long-term growth opportunity [3][8] - CHAR Tech's CEO emphasized that this collaboration will enhance project delivery and create strong returns for investors, while also opening doors for future projects, particularly in Espanola [3][8] Group 2: Private Placement Details - Bioveld Canada Inc., a subsidiary of The BMI Group, plans to subscribe for 10,000,000 common shares at a price of C$0.20 per share, raising a total of C$2,000,000 [4][8] - The net proceeds from the offering will be utilized for general working capital and ongoing development activities at the CHAR Tech Thorold facility [4][8] - The closing of the offering is anticipated on May 9, 2025, subject to necessary approvals [6][8] Group 3: Future Growth and Development - The BMI Group will also invest in project-level ownership of the CHAR Tech Thorold facility, aiming to generate commercial biocarbon production revenues by Q4 2025 [8] - The partnership includes plans to co-develop a new renewable energy production facility at Bioveld North, strategically located in northern Ontario [8]