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Month: September 2024

Clean Motion Announces Strategic Partnership with Luxury Carts Group in Saudi Arabia

Clean Motion is pleased to announce a new partnership with Luxury Carts Group in Saudi Arabia, focused on bringing sustainable urban transportation solutions to the Middle East. This collaboration combines Clean Motion’s innovative electric vehicles with Luxury Carts’ experience in eco-friendly transportation and after-sales services, laying the groundwork for expanding the sales of Clean Motion’s vehicles in the region. Jonsered, Sweden – 2024-09-19 Clean Motion AB, the Swedish e-mobility company behind the innovative solar-powered vehicle EVIG, is excited to announce a strategic partnership with Luxury Carts Group, a premier distributor of electric vehicle solutions in the Middle East. This collaboration aims to deliver advanced, sustainable urban transportation and enhancing after-sales service and support across the region. By partnering...

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Syntiant to Acquire Knowles’ Consumer MEMS Microphone Division

$150 Million Transaction to Bolster Adoption of Edge AI, Offering Complete Turnkey Solutions Integrating Sensors, Processors and Software IRVINE, Calif., Sept. 19, 2024 (GLOBE NEWSWIRE) — Syntiant Corp., the recognized leader in low power edge AI deployments, today announced it has signed a definitive agreement to acquire certain assets of Knowles Corporation’s (NYSE: KN) Consumer MEMS Microphones (CMM) business. Knowles’ CMM division is an industry-leading manufacturer and supplier of high performance SiSionic™ micro-electro-mechanical systems (MEMS) microphones that are essential for voice and audio applications in smartphones, smart speakers and wearables, among other market segments, including autos and household appliances. The acquisition will enable Syntiant to offer customers a complete turnkey solution for always-on...

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Nicholas Wealth Announces Increased Distribution Rate on $FIAX

NEW YORK, Sept. 19, 2024 (GLOBE NEWSWIRE) — Nicholas Wealth, a leading provider of actively managed income ETFs, just announced increased monthly distributions to 8.04% on the Nicholas Fixed Income Alternative ETF (FIAX). Distribution as of 9/18/2024ETF Ticker Distribution per Share Distribution Rate 30-Day SEC Yield Ex-Date Record Date Payment DateFIAX $ 0.1321 8.04 % 3.43 % 9/16/2024 9/17/2024 9/18/2024Inception date: 11/30/2022Click here to view standardized performance for FIAX. The performance data quoted above represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than...

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Signing Day Sports Signs Binding Term Sheet to Acquire Majority Equity Interest in High Growth Sports Gaming Technology Company Swifty Global

Acquisition Expected to Mark New Growth Strategy SCOTTSDALE, AZ, Sept. 19, 2024 (GLOBE NEWSWIRE) — Signing Day Sports, Inc. (“Signing Day Sports” or the “Company”) (NYSE American: SGN), the developer of the Signing Day Sports app and platform to aid high school athletes in the recruitment process, today announced the signing of a binding term sheet to acquire 95-99% of the issued and outstanding shares of Dear Cashmere Group Holding Company, doing business as Swifty Global (“Swifty”), a global sports and casino technologies company, and that this acquisition is expected to be the first transaction of its newly initiated growth strategy to buy and build companies in the sports and casino technology industry and other synergistic companies.  The transaction is structured as an all equity deal meaning that Signing Day Sports will...

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Niobium-Titanium Alloy Demonstrates Its Strong Market Potential in the Fabrication of Fuel Cells

MONTRÉAL, Sept. 19, 2024 (GLOBE NEWSWIRE) — NioBay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY) (OTCQB: NBYCF) is proud to announce the first results of the work it is involved in with the Université du Québec à Trois-Rivières (UQTR) and the University of Waterloo on the valorization of critical and strategic metals encountered in NioBay’s projects. WorkMetallic bipolar plates are crucial for the development of compact and lightweight proton exchange membrane fuel cell sacks; however, most of them encounter durability and conductivity challenges in the fuel cell environment. In this study, Nb-Ti alloy/Pt coatings are deposited on SS316L plates to enhance corrosion resistance, surface wettability, electrical and thermal conductivity, with reduced interfacial contact resistance. The work was directed by Professors Samaneh...

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noco-noco Inc Announces 2025 Business Restart Plan to Drive Strategic Growth

“Ushering in a New Era of Energy-Efficient Infrastructure with Cutting-Edge Battery Technology” Singapore and Tokyo, Sept. 19, 2024 (GLOBE NEWSWIRE) — September 19, 2024, Singapore and Tokyo – noco-noco Inc. releases a letter to shareholders announcing a business restart plan to drive growth. September 19, 2024 Dear Shareholders, Since our public listing in 2023, we have encountered numerous challenges, notably a declining stock price. I do not believe the trading price of our stock even closely resembles the Company’s actual value. It is evident that, regardless of meeting significant corporate milestones in various technological renovations, stock traders continue to place downward pressure on the stock, causing the price to fall. While the declining stock price has created significant setbacks in securing fresh financing,...

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ZRG Acquires Bravanti, a Firm Specializing in Developing Leaders

NEW YORK and CHICAGO, Sept. 19, 2024 (GLOBE NEWSWIRE) — ZRG, a fast-growing global talent advisory firm, today announced the acquisition of Bravanti, a Chicago-based advisory firm specializing in services including executive coaching, executive team coaching, developing leaders, and outplacement/career transition services. This strategic move aims to establish ZRG’s presence in this niche by adding a firm that specializes in helping executives lead and accomplish goals in today’s pressure packed world. With this acquisition, ZRG significantly enhances its leadership development services brand by adding an experienced worldwide team of leadership coaches and consultants, who serve corporate clients, PE firms and corporate boards The acquisition comes on the heels of ZRG’s completing the acquisition of Linked4HR Solutions’...

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Hut 8 and BITMAIN Expand Innovation Partnership with Launch of Next-Generation BITMAIN Miner

U3S21EXPH to be first ASIC miner mass-commercialized by BITMAIN with direct liquid-to-chip cooling within U form factor Hut 8 plans to deploy model in Q2 2025 through ~15 EH/s hosting deployment with potential transition to self-mining through purchase option MIAMI, Sept. 19, 2024 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, today announced the expansion of its partnership with BITMAIN Technologies Ltd. (“BITMAIN”), the world’s largest manufacturer of digital currency mining servers, with the launch of the U3S21EXPH, a next-generation ASIC miner. Hut 8 plans to deploy the model in Q2 2025 through a ~15 exahash per second (“EH/s”) hosting agreement leveraging custom...

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Hut 8 and BITMAIN Expand Innovation Partnership with Launch of Next-Generation BITMAIN Miner

U3S21EXPH to be first ASIC miner mass-commercialized by BITMAIN with direct liquid-to-chip cooling within U form factor Hut 8 plans to deploy model in Q2 2025 through ~15 EH/s hosting deployment with potential transition to self-mining through purchase option  Miami, FL, Sept. 19, 2024 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, today announced the expansion of its partnership with BITMAIN Technologies Ltd. (“BITMAIN”), the world’s largest manufacturer of digital currency mining servers, with the launch of the U3S21EXPH, a next-generation ASIC miner. Hut 8 plans to deploy the model in Q2 2025 through a ~15 exahash per second (“EH/s”) hosting agreement leveraging custom...

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West Red Lake Gold Starts Test Mining and Bulk Sample Program at Madsen Mine

VANCOUVER, British Columbia, Sept. 19, 2024 (GLOBE NEWSWIRE) — West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to report that a test mining and bulk sample program (the “Program”) is now underway at the Madsen Mine, adding a key derisking component to the efforts being made to prepare the mine for a targeted restart in 2025. “Data and experience are invaluable in mining,” said Shane Williams, President and CEO of West Red Lake Gold. “Test mining will provide data on how best to mine at Madsen, bulk samples will allow us to compare modeled and actual mine resources, and the process will give our team another layer of operational experience. As we continue to push towards restarting the Madsen Mine in 2025, I am very excited this program is underway.” Overall Approach Test...

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