TORONTO, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX) (OTCQX:ABXXF) ("Abaxx" or the "Company"), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, "Abaxx Exchange" and "Abaxx Clearing"), and producer of the SmarterMarkets™ Podcast, today announced its inclusion in the MSCI Canada Small Cap Index, effective as of the close of trading today, November 24, 2025.T ...

TORONTO, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX) (OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, today announced its inclusion in the MSCI Canada Small Cap Index, effective as of the close of trading today, November 24, 2025. ...

Core Insights - The integration between MineHub Technologies Inc. and Abaxx Technologies Inc. aims to facilitate real-time title transfers for in-transit shipments of non-ferrous metals, marking a significant step in their collaboration announced in September [1][2][3] - This initiative is designed to connect physical trade documentation with financial systems, enhancing liquidity and capital efficiency in commodity markets [2][3] Company Overview - MineHub Technologies is a provider of digital supply chain solutions for commodity markets, focusing on improving efficiency, resilience, and sustainability in raw material supply chains [10] - Abaxx Technologies is a financial software and market infrastructure company, aiming to create smarter markets through better tools and technology, particularly in the context of the energy transition [4][5] Technical Integration - The first technical integration of Abaxx's Verifier+ identity application with the MineHub platform has been completed, laying the groundwork for a pilot program [1][2] - This integration is expected to demonstrate how trusted ownership records can enhance collateral efficiency in the metals trade [3] Market Potential - The collaboration is positioned to unlock a USD 50 trillion opportunity by connecting real-world assets to modern collateral and settlement systems [3] - The pilot program will engage prospective market participants to explore commercial use cases and shape the future of digital title transfers in commodity markets [3]

Core Insights - Abaxx Technologies Inc. has reported continued growth and trading activity in its LNG Futures contracts, specifically in the Gulf of Mexico (GOM FOB) and North Pacific-Asia (NPA DAP) markets [1][2][3] Trading Activity - Trading volume for NPA DAP Futures reached 690 lots in the week ending October 17, 2025, while GOM FOB Futures increased to 2,394 lots [2] - Total LNG trading volume rose over 80% from August to September, with ongoing growth in October [2] Total Trading Volume - Since launch, total trading volume across GOM FOB and NPA DAP LNG Futures has reached 14,042 lots, equivalent to approximately 140,420,000 MMBtu or $1.6 billion USD in notional value, representing around 40 LNG cargoes [3] Market Infrastructure - Abaxx's LNG contracts provide regional price signals for terminals that account for over 80% of global LNG import capacity, offering reliable forward curves aligned with actual physical trade flows [3][4] - The contracts are designed to help commercial participants manage regional price exposure and improve price discovery across their LNG supply chains [4] Contract Specifications - All contracts are USD-denominated, 10,000 MMBtu futures, with GOM Futures listed on an FOB basis and NPA and NWE contracts listed on a DAP basis [5] Company Overview - Abaxx Technologies aims to create smarter markets through better tools and technology, addressing challenges such as the energy transition [6][8] - The company is the majority shareholder of Abaxx Singapore Pte. Ltd., which owns Abaxx Exchange and Abaxx Clearing, and operates Abaxx Spot [7]

Core Viewpoint - Abaxx Technologies Inc. has successfully closed a non-brokered private placement financing, raising US$22 million through the issuance of 1,000,000 units at a price of US$22.00 per unit [1][2]. Financing Details - Each unit consists of one common share and one half of a share purchase warrant, with each whole warrant allowing the purchase of an additional share at US$25.00 until April 20, 2028 [2]. - The financing is subject to final approval from Cboe Canada, and all securities issued will be subject to a four-month hold period under Canadian securities laws [4]. Use of Proceeds - The proceeds from the financing are intended for general corporate and working capital purposes, including funding ongoing operations of Abaxx Exchange and Clearing, product listings, pilot programs for Abaxx Private Digital Title technology, and meeting regulatory requirements [3]. Company Overview - Abaxx Technologies is focused on creating Smarter Markets through improved tools and technology, addressing significant societal challenges such as the energy transition [6]. - The company is the majority shareholder of Abaxx Singapore Pte. Ltd., which owns Abaxx Exchange and Abaxx Clearing, and operates Abaxx Spot Pte. Ltd. [7]. Market Infrastructure - Abaxx Exchange provides critical market infrastructure for the transition to a low-carbon economy, offering centrally-cleared, physically-deliverable futures contracts in various commodities [8]. - Abaxx Spot modernizes physical gold trading with a physically-backed gold pool in Singapore, facilitating secure electronic transactions and supporting physical delivery for gold futures contracts [9].

Core Viewpoint - Abaxx Technologies Inc. has announced a non-brokered private placement financing with a strategic investor, aiming to raise CAD$30.7 million through the issuance of 1,000,000 units at USD$22.00 per unit [1][3]. Financing Details - Each unit consists of one common share and one half of a share purchase warrant, with the full warrant allowing the purchase of an additional share at USD$25.00 for thirty months [2]. - The warrants include a call provision for the company to redeem them at USD$0.01 if the share price exceeds USD$30.00 for 20 consecutive trading days [2]. Use of Proceeds - Proceeds from the financing will be allocated for general corporate purposes, including funding operations of Abaxx Exchange and Clearing, product listings, pilot programs for Abaxx Private Digital Title technology, and hiring [3]. Closing Timeline - The financing is expected to close around October 15, 2025, pending formal documentation and regulatory approvals [4]. Strategic Importance - The financing is seen as a pivotal moment for Abaxx, coinciding with increased trading volumes and validation of its technology vision, which is expected to enhance hiring, product expansion, and network onboarding [5]. - The company emphasizes the commercialization of its proprietary Abaxx Digital Title platform, which aims to address the tokenization of over USD$50 trillion in financial assets [5]. Company Overview - Abaxx Technologies focuses on developing financial technologies that enhance market infrastructure, particularly in the context of a low-carbon economy, through its exchange and clearinghouse operations [6][8]. - The company is also involved in modernizing physical gold trading through its Abaxx Spot platform, which supports secure electronic transactions and physical delivery [9].

Company Overview - Abaxx Technologies Inc. is a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., which owns Abaxx Commodity Exchange and Clearinghouse [1][4] - The company aims to build Smarter Markets by providing better tools, benchmarks, and technology to address societal challenges, including the energy transition [3] Shareholder Meeting Results - The annual meeting of shareholders was held virtually on September 11, 2025, with 17,183,123 common shares represented, accounting for 49.96% of the total issued shares [1] - Shareholders voted to set the number of directors at seven, with 99.9% voting in favor [2] - All seven proposed directors were elected, with notable votes in favor for each nominee, such as W. Scott Leckie receiving 99.5% support [2] Financial and Operational Highlights - KPMG LLP was appointed as auditors for the upcoming year, with 99.9% of votes in favor [2] - Abaxx Exchange is focused on providing market infrastructure for a low-carbon economy through futures contracts in LNG, carbon, battery materials, and precious metals [5] - Abaxx Spot modernizes physical gold trading with a physically-backed gold pool in Singapore, facilitating secure electronic transactions and supporting physical delivery for gold futures contracts [6]

Core Viewpoint - Abaxx Technologies Inc. is facilitating cross-border cooperation in the natural gas and energy sectors between China and Singapore, focusing on sustainability and innovation in energy markets [1][2][3]. Group 1: Company Overview - Abaxx Technologies is a financial software and market infrastructure company, and the majority shareholder of Abaxx Singapore Pte Ltd., which owns the Abaxx Commodity Exchange and Clearinghouse [1][6]. - The company aims to build Smarter Markets by providing better tools, benchmarks, and technology to address societal challenges, including the energy transition [5]. Group 2: Delegation and Discussions - A high-level delegation from the China City Gas Association (CCGA) visited Singapore to discuss opportunities for enhancing cooperation in the natural gas and energy sectors [1][2]. - The discussions included key issues related to sustainability and innovation in Asia's energy markets, emphasizing the importance of public-private partnerships [2][3]. Group 3: Energy Market Insights - The program highlighted the growing demand for cleaner energy solutions in Asia, particularly the adoption of carbon-neutral LNG and biogas integration [3][4]. - Abaxx Exchange's CEO noted the complexities of the energy transition and the need for efficient market signals to support sustainable decision-making [4]. Group 4: Strategic Importance of Singapore - Singapore is positioned as Asia's energy trading hub, attracting energy companies globally due to its talent, trade financing, and shipping services [4]. - The CCGA delegation recognized Singapore's strengths in LNG and financial markets as valuable for China's gas sector modernization [4].

Core Points - Abaxx Technologies Inc. will host an investor update call on August 11, 2025, to discuss recent technology pilot initiatives and operational milestones [1][2][3] - The call aims to provide insights into how these initiatives align with Abaxx's commercial strategy and progress in key business areas [2][3] Company Overview - Abaxx Technologies is a financial software and market infrastructure company, and it is the majority shareholder of Abaxx Singapore Pte Ltd., which owns the Abaxx Commodity Exchange and Clearinghouse [1][4] - The company focuses on developing financial technologies that enhance communication, trade, and transaction security [4] Market Infrastructure - Abaxx Exchange provides critical market infrastructure for the transition to a low-carbon economy through centrally-cleared, physically-deliverable futures contracts in various commodities, including LNG, carbon, battery materials, and precious metals [5] - Abaxx Spot modernizes physical gold trading with a physically-backed gold pool in Singapore, enabling secure electronic transactions and efficient OTC transfers [6] Strategic Goals - The company aims to create smarter markets by leveraging better tools, benchmarks, and technology to address significant societal challenges, including the energy transition [3][5]

Core Viewpoint - Abaxx Technologies Inc. has launched its physically-deliverable Gold Singapore Futures, which began active trading on June 12, 2025, providing a new tool for price discovery and hedging in the Asian market [1][3]. Company Overview - Abaxx Technologies is a financial software and market infrastructure company, and the majority shareholder of Abaxx Singapore Pte Ltd., which owns the Abaxx Commodity Exchange and Clearinghouse [1][7]. - The company aims to create Smarter Markets by developing better tools and technology to address significant societal challenges, including the energy transition [6]. Product Details - The Gold Singapore Futures contract is a USD-denominated, kilobar-sized product designed for the regional physical bullion trade, deliverable into approved vaults in Singapore [2][3]. - This contract is tailored for refiners, industrial consumers, banks, and physical traders in Asia, addressing the growing demand for regional price transparency [3][5]. Market Participation - The initial trading sessions of the Gold Singapore Futures saw participation from eight market makers, including firms from Singapore, Hong Kong, London, and Thailand, with expectations for more participants in the future [4]. - KGI Securities Singapore expressed enthusiasm for the new offering, highlighting its relevance to the Asian market and commitment to providing comprehensive solutions in commodities [5]. Trading Specifications - The Abaxx Gold Singapore Futures contract is available for trading 14 hours per day, Monday through Friday, facilitating access for market participants [5].