Day: January 15, 2025

Designed to Process 1 Million Tons of Shingle Waste and Produce 2,000 Barrels of Oil Daily WOODS CROSS, Utah, Jan. 15, 2025 (GLOBE NEWSWIRE) — Sky Quarry Inc. (NASDAQ: SKYQ) (“Sky Quarry” or “the Company”), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, today announced the successful completion of its 2024 capital expenditure program for PR Spring. This milestone advances Sky Quarry toward completing and commissioning its cornerstone facility, which will play a pivotal role in its waste-to-energy mission while driving future growth. Capable of processing up to 1 million tons of asphalt shingle waste annually, PR Spring has a designed capacity to produce up to 2,000 barrels of oil per day. The facility will extract oil from both waste asphalt...

NEW YORK, Jan. 15, 2025 (GLOBE NEWSWIRE) — XWELL, Inc. (Nasdaq: XWEL) (“XWELL” or the “Company”), an authority in wellness solutions for people on the go, today announced the closing of its private placement offering of $4 million of the Company’s newly designated Series G Convertible Preferred Stock. The Company also issued to the investors in the private placement Series A warrants and Series B warrants exercisable for the Company’s common stock. The gross proceeds of the private placement were approximately $4.0 million, before deducting other offering expenses payable by the Company. XWELL intends to use the net proceeds of this private placement for working capital and general corporate purposes as part of the strategy outlined in the shareholder letter dated December 5, 2024. “This funding will empower...

New Fund will provide eligible Canadian investors with the opportunity to invest in New Holland Capital’s institutional quality absolute return multi-manager strategy TORONTO, Jan. 15, 2025 (GLOBE NEWSWIRE) — AGF Capital Partners, AGF Management Limited’s multi-boutique alternatives business with Affiliate Managers across both private assets and alternative strategies, today announced the launch of the AGF NHC Tactical Alpha Fund (“The Fund”). The Fund is an absolute return-oriented strategy that aims to generate attractive risk-adjusted returns across market regimes while maintaining low beta to traditional asset classes. Managed by AGF Investments Inc., the Fund will invest substantially all of its assets in the New Holland Tactical Alpha Offshore Fund Ltd., a Cayman Islands exempted company, which in turn will invest substantially...

LONG BEACH, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) — California Resources Corporation (NYSE: CRC) plans to release its fourth quarter and full year 2024 financial results on Monday, March 3rd before market hours. The Company will hold a conference call to discuss these financial results on Monday, March 3rd at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). We encourage participants to pre-register for the conference call using the following link: https://dpregister.com/sreg/10194600/fe015c8aa0. Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after the call start time. To participate in CRC’s conference call, either dial (877) 328-5505 (International callers please dial...

SAN DIEGO, Jan. 15, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisors Larry Forlenza, CRPC®, and Carl Hanks, CRPC®, have joined LPL Financial’s broker-dealer, RIA and custodial platforms. They reported serving approximately $430 million in advisory, brokerage and retirement plan assets* and join LPL from Raymond James Financial Services. Based in Morristown, N.J., Hanks and Forlenza have reunited with Morristown Wealth Management, which includes fellow advisors Don Giovanello and Gian Paolella, who joined LPL in October. With nearly 30 years in financial services, Forlenza offers in-depth experiences to help families and professionals address each of their financial objectives. He takes a comprehensive approach to asset management and business planning, and as a Chartered Retirement Planning Counselor,...

EMERYVILLE, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) — Metagenomi, Inc. (Nasdaq: MGX), a precision genetic medicines company committed to developing curative therapeutics for patients using its proprietary gene editing toolbox, today announced that Eric Bjerkholt, MBA, CFO of Mirum Pharmaceuticals, Inc., will join Metagenomi’s Board of Directors, serving on Metagenomi’s Audit and Compensation committees, effective January 27, 2025. “We are excited to welcome Eric to our Board of Directors,” said Brian C. Thomas, PhD, CEO and founder of Metagenomi. “His tremendous track record in the pharmaceutical industry as well as his experience in business development and capital formation will be an invaluable asset to Metagenomi as we continue to advance potentially curative treatment options for patients suffering from devastating disease.” “I...

As SKYX Continues to Grow its Market Penetration, it is Expected to Supply Developer Jeremiah Baron Companies Products to a Total of 1000 Mixed-Use Residential and Commercial Units    The Products that are Expected to be Supplied to the Mixed-Use Project will include Ceiling Outlet Receptacles, Smart Plug & Play Platform Products including Lighting, Ceiling Fans, Recessed Lights, EXIT Signs, Emergency Lights, Down Lights, and Indoor and Outdoor Wall Lights MIAMI, Jan. 15, 2025 (GLOBE NEWSWIRE) — SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the “Company” or “SKYX”), a highly disruptive smart platform technology company with more than 97 issued and pending patents globally and over 60 lighting and home décor websites, announces that it will start supplying its products to developer...

SAN JOSE, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) — (NYSE: CWT)—The California Public Utilities Commission (CPUC) has granted the request of California Water Service (Cal Water) and three other utilities to postpone their Cost of Capital applications from May 1, 2025 to May 1, 2026. The decision effectively maintains the current 10.27% return on equity (ROE) and 4.23% cost of debt for Cal Water, with a capital structure of 53.40% common equity and 46.60% long-term debt, and an authorized rate of return of 7.46%. The CPUC also reauthorized the Water Cost of Capital Mechanism (WCCM). Among other provisions, the WCCM automatically adjusts the rate of return when the Moody’s Utilities Bond Index fluctuates between Cost of Capital applications. The ROE will remain 10.27% through Dec. 31, 2026, unless the WCCM is triggered when next measured...

KUALA LUMPUR, Malaysia, Jan. 15, 2025 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) (“VCI Global,” or the “Company”), is proud to announce its exclusive distributorship of Secure Encryption Storage Limited (“SES”) for Data Security Solutions (“SES Solutions”) in Malaysia. Powered by AI, SES Solutions provide advanced features such as real-time threat detection, virus defense, data encryption, and multi-channel backup. Trusted by over 300 clients, including Fortune 500 companies and government agencies, SES is a leading choice for safeguarding enterprise data and combating cyber threats. According to Check Point Research, the urgency of addressing cybersecurity risks is highlighted by a 30% year-over-year increase in global cyberattacks, with organizations facing an average of 1,636 cyberattacks per week. In response to the...