PRESS RELEASE published on 01/16/2024 at 22:45, 2 years 4 months ago Loop Industries Announces MOU For US$66 Million of Non-Dilutive Financing from Reed Management, as Part of a Joint Venture for European Infinite Loop(TM) Technology Roll-Out Loop Industries, Inc. has announced a non-binding Memorandum of Understanding with Reed Management for a strategic partnership to commercialize Loop's technology in Europe. The partnership includes a joint venture and financing of €60 million in non-dilutive capital from Reed. The press release details the investment structure and the potential impact of the partnership on Loop's strategic development and shareholder value. Non-dilutive Capital European Market Loop Industries Reed Management Technology Commercialization
PRESS RELEASE published on 01/16/2024 at 22:40, 2 years 4 months ago Loop Industries Reports Third Quarter Fiscal 2024 Results and Provides Updates on Business Developments Loop Industries, Inc. (Nasdaq:LOOP) announced a non-binding Memorandum of Understanding with Reed Management for US$66 million in non-dilutive financing as part of a joint venture to roll out Loop's technology in the European market. The JV aims to commercialize Loop's technology in Europe and will provide funding for the development of projects, including the construction of an Infinite LoopTM plant in Saint-Avold, France. The partnership allows Loop Industries to reduce the funding needs for its equity contributions and receive royalty and engineering fees directly from the planned facilities in Europe. The non-binding MOU is subject to customary due diligence and is expected to close by the end of March 2024. Loop's CEO, Daniel Solomita, expressed excitement about the partnership and the potential for Loop's groundbreaking technology as global brands adapt to increasingly stringent regulatory requirements for plastic recycling. European Market Non-dilutive Financing Loop Industries Reed Management Infinite Loop Technology
PRESS RELEASE published on 01/16/2024 at 22:40, 2 years 4 months ago Carbon Capture & Utilization Pioneer Blue Planet Systems Announces New Strategic Funding to Advance Commercialization of Technology Blue Planet Systems Corporation has announced the completion of new funding and a strategic collaboration with Marathon Petroleum Corporation to advance the commercialization of its Geomimetic® mineralization approach, which sequesters and permanently stores CO2 in synthetic limestone aggregate. The funding and collaboration will support the enhancement of production and technology readiness level of Blue Planet's carbon mineralization facility on the San Francisco Bay. This technology is seen as a critical alternative to traditional carbon capture approaches, as it mimics the low energy chemistry in nature responsible for the formation of limestone. Blue Planet Systems Corporation Carbon Mineralization CO2 Sequestration Marathon Petroleum Corporation CCUS Approach
PRESS RELEASE published on 01/16/2024 at 22:30, 2 years 4 months ago Kingsway Publishes Updated Investor Presentation To Company Website Kingsway Financial Services Inc. has announced the publication of a new investor presentation on its website, offering insights into the company's business, industry, and financials. The presentation can be accessed via the investor relations section of the Company's website. Kingsway is a holding company with subsidiaries in the extended warranty and business services industries, listed on the NYSE under the symbol 'KFS'. For media and company inquiries, contact details are provided in the press release. Kingsway Financial Services Inc. Extended Warranty Industry Business Services Industry NYSE:KFS Investor Presentation
PRESS RELEASE published on 01/16/2024 at 22:15, 2 years 4 months ago Ur-Energy to Present January 31, 2024, at The Microcap Conference in Atlantic City Ur-Energy Inc. is excited to announce that its Chairman and CEO, John Cash, will be participating in The Microcap Conference at Caesar's Atlantic City Hotel and Casino on January 30-31 and February 1, 2024. Mr. Cash will provide an update on production operations at the Lost Creek ISR uranium mine site, the company's sales contract book, and the current uranium market. Attendees are invited to register and join Mr. Cash's presentation at the conference to learn more about the company's activities. Ur-Energy Inc. Microcap Conference Uranium Mining Lost Creek ISR John Cash
PRESS RELEASE published on 01/16/2024 at 22:05, 2 years 4 months ago CORRECTION; From Icon to Actress: Denise Matthews' Life Story to Hit the Big Screen with Nova Yara in the Lead Actress Yara Nova, also known as 'Nova', has been chosen to play the role of Denise 'Vanity' Matthews in an upcoming biopic. Directed by Matthews herself, the film promises an in-depth look into her life, including her tumultuous relationship with musician Prince. Nova's unwavering dedication to the role will bring a powerful and provocative tale to the screen, filled with high profile characters and exciting events. Biopic Prince Yara Nova Denise Vanity Matthews Actress
PRESS RELEASE published on 01/16/2024 at 21:07, 2 years 4 months ago United Association Local 250 Endorses Efren Martinez Efren Martinez, a candidate representing South Los Angeles, has gained a significant endorsement from the United Association Local 250, a prominent union. The endorsement showcases Martinez's dedication to economic growth and well-being. His campaign has also garnered support from numerous elected officials, unions, and organizations. Efren Martinez South Los Angeles United Association Local 250 Endorsement Campaign Support
PRESS RELEASE published on 01/16/2024 at 20:00, 2 years 4 months ago New Testing Facility for The Osmolality Lab Expands Capacity The Osmolality Lab, a global leader in product testing and certifications, is excited to announce the opening of its second testing facility in Kannapolis, North Carolina. This strategic expansion will increase the lab's capacity, enabling it to serve a wider range of clients across diverse industries. The new facility mirrors the advanced capabilities of the company's existing Draper, Utah facility, boasting cutting-edge lab instruments and a team of expert scientists and technicians. This expansion allows The Osmolality Lab to better serve existing clients while opening doors to new partnerships and industries seeking unparalleled expertise in osmolality testing and certification. Osmolality Lab Product Testing Certifications Kannapolis North Carolina
PRESS RELEASE published on 01/16/2024 at 19:15, 2 years 4 months ago Mark Standfield to Help Grow Alto Global as Payments Leader Alto Global, the premier payments provider, has appointed Mark Standfield as Chief Revenue Officer. With 20 years of experience, Standfield will drive international growth and help merchants expand their payment processing capabilities. This hire comes at a time of significant transformation at Alto, with a focus on core values and new services for new markets. Standfield's expertise in transaction processing, card brand regulations, and risk management makes him a valuable addition to the team. He will be attending Affiliate Summit West and ICE at ExCeL London to share Alto's latest developments with merchants. Alto Global Payment Processing Mark Standfield International Growth Merchant Services
PRESS RELEASE published on 01/16/2024 at 19:15, 2 years 4 months ago ECS, Inc. Will Join Coffman Engineers Coffman Engineers, Inc. (Coffman) has announced the expansion of its capabilities in the Pacific Region with the execution of a letter of intent to bring consulting electrical engineering firm ECS, Inc. (ECS) into the Coffman family. The agreement, expected to be finalized in February 2024, will see ECS's two owners and eight staff members joining Coffman. The move aims to ensure continuity in services to clients and provide long-term career opportunities for employees, strengthening the firm's presence in federal, education, transportation, civic, and local government markets. Coffman Engineers Expansion Consulting Electrical Engineering Firm ECS Joins Coffman Pacific Region Capabilities Engineering Consultancy Merger
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