News Hub | News Direct

All Industries


Article thumbnail News Release

Benchmark International Successfully Facilitated the Transaction Between Satex Plumbing, Inc. and Bleuwave General Contracting, LLC

Benchmark International

Benchmark International is pleased to announce the transaction between Satex Plumbing, Inc. and Bleuwave General Contracting, LLC. The transaction represents a strategic expansion for Bleuwave General Contracting, LLC, as it works to achieve scale through acquisitions and expand into the Texas market. Satex Plumbing, Inc. was founded in 1983. Initially, the company focused on residential projects, but its founder decided to focus on commercial customers after realizing the potential to specialize in commercial projects. With over two decades of commercial project experience, including repairs, remodels, and new construction, Satex began specializing in medical, retail, and restaurant facilities, with ground-up and finish workspaces. Through the years, Satex has prided itself on doing high-quality jobs at a reasonable price. "The Benchmark group was a blessing to me. They kept me in touch throughout the process and helped me complete the deal. I recommend them to anyone interested in selling their business." - Joel Stolarski, Founder of Satex Plumbing, Inc. Based in Arizona, Bleuwave General Contracting, LLC is a powerhouse of commercial, industrial, and retail general contracting expertise. Their team is dedicated to creating strategies that establish lasting value in their working relationships, ensuring their clients' confidence in their capabilities. "Our team at Benchmark International was thrilled to navigate the conversations with our client and walk them through the M&A process. It was even more exciting to witness the bond form between Satex Plumbing, Inc. and Bleuwave General Contracting, LLC. We are optimistic about the success of both parties as they embark on their next chapters." - Jeffrey Garza, Deal Associate, Benchmark International. Americas: Sam Smoot at +1 (813) 898 2350/ Smoot@BenchmarkIntl.com Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com ABOUT BENCHMARK INTERNATIONAL: Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive Privately-held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables. Contact Details Brittney Zoeller +1 813-898-2350 zoeller@benchmarkintl.com Company Website https://www.benchmarkintl.com/

July 02, 2024 05:16 PM Eastern Daylight Time

Image
Article thumbnail News Release

Forte Minerals Corp. Announces Shares for Debt Agreement

Forte Minerals Corp.

Forte Minerals Corp. ( “ Forte ” or the “ Company ” ) ( CSE: CUAU ) ( OTCQB: FOMNF ) ( Frankfurt: 2OA ), announces that it has agreed to settle an aggregate of $56,600 of indebtedness through the issuance of 283,000 common shares ("Common Shares") in the capital of the Company at a price of $0.20 per Common Share (the "Debt Settlement"). This settlement includes $34,000 owed to officers and directors of the Company and $22,600 owed to an arm's length party. The Common Shares issued pursuant to the Debt Settlement will be subject to a hold period of four months and one day from the date of issuance, under applicable securities laws in Canada. Closing of the Debt Settlement is anticipated to take place on or about July 9, 2024 and remains subject to receipt of all necessary corporate and regulatory approvals, including the Canadian Securities Exchange. ABOUT FORTE MINERALS CORP. Forte Minerals Corp., a junior exploration company that has blended assets in partnership with GlobeTrotters Resources Perú S.A.C., has built a robust portfolio of high-quality Cu and Au assets in Perú. The Company aims to generate significant value growth by strategically positioning permitted and drill-ready projects alongside historically discovered copper and gold projects. Notwithstanding its resource discovery and development focus, Forte is deeply committed to community engagement, environmental stewardship, and fulfilling its societal responsibilities. On behalf of FORTE MINERALS CORP. (signed) “ Patrick Elliott” Chief Executive Officer For further information, please contact: Forte Minerals Corp. office: 604-983-8847 info@forteminerals.co m www.forteminerals.com Certain statements included in this press release constitute forward-looking information or statements (collectively, “forward-looking statements”), including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, “may”, “should” and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements. These forward-looking statements and information reflect management's current beliefs and are based on assumptions made by and information currently available to the company with respect to the matter described in this new release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and risks and uncertainties is contained under "Risk Factors and Uncertainties" in the Company's latest management’s discussion and analysis, which is available under the Company's SEDAR+ profile at www.sedarplus.ca, and in other filings that the Company has made and may make with applicable securities authorities in the future.. Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements. Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Contact Details Patrick Elliott, President & CEO +1 604-983-8847 info@forteminerals.com Company Website https://forteminerals.com/

July 02, 2024 01:40 PM Pacific Daylight Time

Article thumbnail News Release

Peru is recognized as South America's Leading Destination at the World Travel Awards

Promperu

Peru rose to the top in the regional edition of the World Travel Awards (WTA) 2024, after being chosen as "South America's Leading Destination". Likewise, for the seventh consecutive year since 2018, the country has been chosen as "South America's Leading Cultural Destination" These awards highlight the country's continuous effort to preserve and share its heritage and cultural diversity with the world. The Historic Sanctuary of Machupicchu, in the Cusco region, has also been chosen for the seventh consecutive year as the "South America's Leading Tourist Attraction". It is worth noting that the Inca site is the first tourism destination to achieve carbon neutral international certification. The country has also won the "South America’s Leading Culinary Destination" award, strengthening its position as the gastronomic epicenter of the region. In 2011, the Organization of American States (OAS) recognized Peruvian cuisine with the "Cultural Heritage of the Americas" award. Since 2009, PROMPERÚ has been working constantly to promote its natural beauty, rich culture and outstanding gastronomy. These four awards consolidate Peru's position as a cultural and culinary reference at the regional level. According to Claricia Tirado, Executive President of PROMPERÚ, Peru strives to set the highest possible bar to raise the standards of excellence in travel and tourism in the region. In December 2023, at the world edition of the World Travel Awards, Peru received three awards: World's Leading Culinary Destination and World's Leading Cultural Destination, while Lima was chosen as the World's Leading Heritage City Destination. The World Travel Awards is a globally recognized brand that has several regional editions, including Africa, Asia, Australasia, the Caribbean and Central America, Europe, the Indian Ocean, the Middle East, North America and South America. Peru Export and Tourism Promotion Board (PROMPERÚ). We are the government agency in charge of the development and implementation of global strategies to position Peru via the promotion of its image, touristic destinations, added value exports and inversions. Contact Details José Carlos Collazos jcollazos@promperu.gob.pe Company Website http://www.promperu.gob.pe

July 02, 2024 01:00 PM Eastern Daylight Time

Article thumbnail News Release

Spring Bird Celebrates Significant Growth and Expands Reach Across the U.S.

Spring Bird

Spring Bird, a leading provider of heavy-duty transit solutions, is proud to announce its remarkable growth and expansion over the past six months. As a company deeply rooted in the Carson family's longstanding legacy in the transit industry, Spring Bird continues to set new standards in quality, customer satisfaction, and innovation. In the last six months, Spring Bird has successfully delivered transit buses for sale or lease to various key locations, including Texas, Chicago, New York, Idaho, Northern California, and an airport in Southern California. This expansion demonstrates our commitment to meeting the diverse needs of transit operators nationwide and highlights the trust and confidence our clients place in our products and services. "Our available fleet has seen significant growth, now boasting over 100 heavy-duty transit buses with fleet likeness. This uniformity not only provides a cohesive appearance for transit systems but also enhances maintenance efficiency, allowing for smoother operations and reduced downtime. Our dedication to quality and reliability ensures that each vehicle in our fleet meets the highest standards of safety and performance," said Elliott Carson, CEO of Spring Bird. This growth has propelled Spring Bird to become the second-largest supplier of certified pre-owned heavy-duty transit vehicles in North America. Our extensive inventory and comprehensive rehabilitation services, including minor repairs, major overhauls, and retrofitting with advanced technology such as low-emission engines and GPS systems, make us the preferred choice for transit operators seeking dependable and cost-effective solutions. "Our recent achievements are a testament to the hard work and dedication of our team and the trust of our clients," Carson added. "We are committed to continuing our legacy of excellence and innovation, providing top-quality transit solutions that meet the evolving needs of our customers." Spring Bird's success is built on a rich history of the Carson family's contributions to the transit industry, dating back to 1943. From the founding of Cross Town Lines to the establishment of Spring Bird by Elliott Carson, the company's journey reflects a deep-seated commitment to quality, customer satisfaction, and industry leadership. As we look to the future, Spring Bird remains focused on expanding our reach, enhancing our services, and delivering exceptional value to our customers. We are excited about the opportunities ahead and look forward to continuing our tradition of excellence in the transit industry. About Spring BirdSpring Bird is a premier provider of transportation solutions specializing in the sale, leasing, and service of heavy-duty transit buses and motor coaches. Drawing from the rich Carson family legacy in the transportation industry, Spring Bird offers an inventory of high-quality buses from leading manufacturers and provides customized rehabilitation services, including minor repairs, major overhauls, and technological retrofitting. Dedicated to safety, innovation, and customer satisfaction, Spring Bird addresses the unique needs of cities, transit agencies, and private operators, ensuring reliable and efficient transportation solutions. Contact Details Media Contact press@springbirdbus.com Company Website https://springbirdbus.com

July 02, 2024 11:17 AM Central Daylight Time

Article thumbnail News Release

Aberdeen Limited Explores Potential Partnership with Ryanair for Strategic Bond Allocation

Aberdeen Limited

Aberdeen Limited, a leading fixed rate bond brokerage firm, is excited to announce the potential for a strategic partnership with Ryanair, Europe’s foremost low-cost airline. This proposed collaboration aims to leverage Aberdeen Limited’s extensive global network and expertise in bond markets to enhance Ryanair’s bond allocation strategies, supporting the airline’s ongoing expansion and financial objectives. Ryanair, amidst its impressive growth trajectory and ambitious plans for fleet enhancement, recognizes the need for a robust bond allocation strategy. Aberdeen Limited, renowned for its market expertise and extensive industry connections, is ideally positioned to assist in this critical initiative. “We are enthusiastic about the possibility of working with Ryanair on this strategic project,” said a spokesperson for Aberdeen Limited. “By leveraging our global contacts and deep understanding of the bond market, we aim to provide Ryanair with exceptional support in their bond allocation efforts. This potential partnership underscores our commitment to delivering tailored financial solutions that align with our clients’ strategic objectives.” Aberdeen Limited anticipates assisting Ryanair in identifying and engaging with potential investors worldwide, ensuring a diversified and optimized bond allocation. The discussions are focused on harnessing Aberdeen’s established relationships with institutional investors, private equity firms, and other key stakeholders in the global financial markets. Ryanair’s CFO expressed optimism about the potential partnership, stating, “Engaging with Aberdeen Limited represents a strategic alignment with our financial growth plans. Their expertise in bond markets and extensive network could be invaluable as we explore this potential collaboration. We are confident that working together could significantly enhance our financial strategy and support our long-term objectives.” As Ryanair experiences robust passenger growth and expansion, this potential partnership with Aberdeen Limited could significantly enhance the airline’s financial flexibility and strength. By utilizing Aberdeen Limited’s expertise, Ryanair aims to secure favorable bond terms, thereby strengthening its financial foundation for future investments. Aberdeen Limited’s comprehensive approach includes detailed market analysis, targeted investor outreach, and strategic advisory services tailored specifically to Ryanair’s needs. If realized, this collaboration is expected to yield significant benefits, reinforcing both companies’ positions within their respective sectors. Looking ahead, Aberdeen Limited and Ryanair are committed to exploring this partnership further to achieve optimal financial outcomes, positioning Ryanair for continued success and expansion in the competitive airline industry. Contact Details Aberdeen Limited Joe Cawley joe.cawley@aberdeen-ltd.com Company Website https://aberdeen-ltd.com/

July 02, 2024 11:48 AM Eastern Daylight Time

Article thumbnail News Release

HTX Ventures Invests in RedStone Oracles to Expand Modular DeFi Infrastructure

HTX Ventures

Singapore / July 2, 2024 – In support of a more efficient and user-friendly DeFi market, HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in RedStone. RedStone is one of the fastest-growing modular oracles in 2024 that delivers diverse, high-frequency data feeds to EVM Layer1, Layer2, Rollup-as-a-Service networks, and beyond, including Starknet, Fuel Network, and TON. RedStone's modular nature enables it to provide data feeds that are unavailable elsewhere, specializing in yield-bearing collateral for lending markets, especially LSTs and LRTs. Its modular pricing engine ensures the highest accuracy and relevance by consistently updating. Moreover, RedStone is chain-agnostic, meaning it can push data to numerous EVM and non-EVM ecosystems, rollups, and various app chains. This makes it an ideal partner for Rollup-as-a-Service providers and Eigenlayer AVSes. Currently, RedStone's Total Value Secured (TVS) has grown to $4 billion, expanded to over 60 chains, and served more than 100 clients such as EtherFi, Pendle, Morpho and Ethena. RedStone recently closed its $15 million Series A round, led by Arrington Capital. The funds will be used to expand the Marketing and Business Development divisions, fueling an extensive Q3/Q4 growth pipeline. RedStone is currently testing Oracle Extractable Value (OEV) implementation, scheduled for trial with customers in the coming months, and preparing for the launch of its native token later this year. "RedStone is introducing an exciting advancement to DeFi with its modular design," said Edward, Managing Partner at HTX Ventures. "DeFi users will benefit from new and precise data feeds, as well as push and pull data services. RedStone's chain-agnostic feature allows it to provide services across various layers. At HTX Ventures, we are thrilled to witness new innovations within the oracle space and are eager to collaborate on building better infrastructure and tools for DeFi." Jakub Wojciechowski, CEO of RedStone Oracles, commented, "This Series A round gives us ample financial runway to broaden our suite of services while bringing reliable real-world data to a host of blockchain-based protocols. Sincere thanks to our investors and community for their fervent support, and believe me when I say - we are just getting started." RedStone is also preparing for the upcoming launch of Season 2 of RedStone Expedition – an interactive community engagement initiative giving participants the chance to accumulate RSG (RedStone Gems) points through a diverse array of activities. Interested parties can sign up here: RedStone Expedition. About RedStone RedStone is a modular oracle delivering diverse, high-frequency data feeds to EVM Layer1, Layer2, Rollup-as-a-Service networks, and beyond, i.e., Starknet, Fuel Network, or TON. By responding to market trends and developer needs, RedStone can support assets not available elsewhere. The modular design allows for data consumption models adjusted to specific use cases, i.e., capital-efficient LSTfi and early support of LRTs. Trusted by Pendle, Morpho, Venus, Ethena, ether.fi & more. About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures presently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most vigorous Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including IVC, Shima, and Animoca. Contact Details EE glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures

July 02, 2024 11:09 AM Eastern Daylight Time

Article thumbnail News Release

Aberdeen Limited Explores Potential Partnership with Ryanair for Strategic Bond Allocation

Ryanair

Aberdeen Limited, a leading fixed rate bond brokerage firm, is excited to announce the potential for a strategic partnership with Ryanair, Europe’s foremost low-cost airline. This proposed collaboration aims to leverage Aberdeen Limited’s extensive global network and expertise in bond markets to enhance Ryanair’s bond allocation strategies, supporting the airline’s ongoing expansion and financial objectives. Ryanair, amidst its impressive growth trajectory and ambitious plans for fleet enhancement, recognizes the need for a robust bond allocation strategy. Aberdeen Limited, renowned for its market expertise and extensive industry connections, is ideally positioned to assist in this critical initiative. “We are enthusiastic about the possibility of working with Ryanair on this strategic project,” said a spokesperson for Aberdeen Limited. “By leveraging our global contacts and deep understanding of the bond market, we aim to provide Ryanair with exceptional support in their bond allocation efforts. This potential partnership underscores our commitment to delivering tailored financial solutions that align with our clients’ strategic objectives.” Aberdeen Limited anticipates assisting Ryanair in identifying and engaging with potential investors worldwide, ensuring a diversified and optimized bond allocation. The discussions are focused on harnessing Aberdeen’s established relationships with institutional investors, private equity firms, and other key stakeholders in the global financial markets. Ryanair’s CFO expressed optimism about the potential partnership, stating, “Engaging with Aberdeen Limited represents a strategic alignment with our financial growth plans. Their expertise in bond markets and extensive network could be invaluable as we explore this potential collaboration. We are confident that working together could significantly enhance our financial strategy and support our long-term objectives.” As Ryanair experiences robust passenger growth and expansion, this potential partnership with Aberdeen Limited could significantly enhance the airline’s financial flexibility and strength. By utilizing Aberdeen Limited’s expertise, Ryanair aims to secure favorable bond terms, thereby strengthening its financial foundation for future investments. Aberdeen Limited’s comprehensive approach includes detailed market analysis, targeted investor outreach, and strategic advisory services tailored specifically to Ryanair’s needs. If realized, this collaboration is expected to yield significant benefits, reinforcing both companies’ positions within their respective sectors. Looking ahead, Aberdeen Limited and Ryanair are committed to exploring this partnership further to achieve optimal financial outcomes, positioning Ryanair for continued success and expansion in the competitive airline industry. Contact Details Aberdeen Limited Joe Cawley joe.cawley@aberdeen-ltd.com Company Website https://aberdeen-ltd.com/

July 02, 2024 10:49 AM Eastern Daylight Time

Article thumbnail News Release

Blockmate Ventures subsidiary Hivello partners with IoTeX: new blockchain integration

Blockmate Ventures Inc

Blockmate Ventures Inc (TSX-V:MATE, OTCQB:MATEF) and Hivello chairman Domenic Carosa joined Proactive's Stephen Gunnion with details of Hivello's new strategic partnership with IoTeX. Carosa explained that Hivello, a DePIN aggregation platform, will integrate the IoTeX blockchain, allowing new DePINs launched on IoTeX to be supported by Hivello. IoTeX, a leading layer one blockchain in the DePIN space with a market cap of $380 million, will promote Hivello to its global user base. "Hivello is already in the process of integrating IoTeX because of the great DePINs on their blockchain," Carosa said, emphasizing the eco-friendly approach of DePIN and likening it to the sharing economy where users can share their computer resources and get paid, contributing to building a decentralized network. Hivello targets consumers with spare desktops and laptops and plans to expand to enterprises. The company aims to create a vibrant and inclusive DePIN ecosystem, offering a sustainable alternative to throwing away unused tech devices. Carosa also mentioned Hivello's recent $2.5 million raise and the ongoing $4.5 million raise at a $30 million pre-money valuation, co-led by Animoca Brands and Blockchain Founders Fund. The funds will be used to build technology infrastructure and acquire customers. For more insights and updates from Blockmate Ventures and Hivello, visit Proactive's YouTube channel. Don’t forget to like the video, subscribe to the channel, and enable notifications for future content. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

July 02, 2024 10:17 AM Eastern Daylight Time

Video
Article thumbnail News Release

Bit Digital expands HPC contract to $275M, CEO Sam Tabar explains

Bit Digital Inc

Bit Digital Inc (NASDAQ:BTBT) CEO Sam Tabar speaks to Proactive's Stephen Gunnion about the contract expansion with an existing high performance computing (HPC) customer, increasing the value to about $275 million. The market has positively responded to this news, significantly boosting the company’s shares last week. Initially deploying 2,048 GPUs in January, the client has now doubled the size of the fleet, representing about $92 million per year, locked in for three years. Tabar detailed that this computational power is essential for clients building large language models (LLMs) and AI applications. Bit Digital offers a customized approach, leveraging Nvidia H100 chips and collaborating with Dell and Supermicro for their deployments. This specialized equipment is hosted in data centers with unique capabilities, located in places like Iceland. Looking ahead, Tabar emphasized the company's growing opportunities in the HPC AI vertical, citing a robust pipeline of clients eager for their services. "We have a very pregnant pipeline of opportunity... it's all been reverse inquiry," he noted. Bit Digital plans to streamline its processes by hiring a head of revenue to manage the increasing demand. Visit Proactive's YouTube channel for more videos. Don't forget to give the video a like, subscribe to the channel, and enable notifications for future content. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

July 02, 2024 10:15 AM Eastern Daylight Time

Video
1 ... 130131132133134 ... 3767