Day: March 19, 2025
LONDON and NEW YORK, March 19, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that funds managed by Apollo affiliates (the “Apollo funds”) have agreed to acquire a majority stake in OEG Energy Group (“OEG” or the “Company”), a leading offshore energy solutions business, from funds managed by the Power Opportunities strategy of Oaktree Capital Management, LP (“Oaktree”) and other investors. The transaction implies a headline valuation of more than $1 billion for OEG, and Oaktree and others will retain a minority equity interest in the Company.
OEG is a scaled provider of core services across the offshore energy ecosystem, delivering development and operations solutions to oil & gas (O&G) and wind end markets for more than 50 years. The Company owns and operates one of the world’s largest fleets of cargo carrying...
Aircore Drilling to Commence at Balla Balla
Written by Customer Service on . Posted in Public Companies.
HIGHLIGHTS
•
Aircore drilling to test priority targets expected to commence in late-March, weather dependent, at the Balla Balla Gold Project.
•
Drilling is planned to target zones of structural complexity and splay faults proximal to the Sholl Shear Zone, under generally shallow cover.
•
The Sholl Shear Zone is a fertile, long lived, crustal-scale feature which trends over 200 km in the northern Pilbara.
•
Geological interpretation has identified folded and offset mafic and ultramafic stratigraphy in complex zones around splays off the Sholl Shear Zone.
•
Several prospects are delineated for drill testing including Ramquarry, Cockerell, Babbage and Beaufort.
•
Mapping and sampling campaigns completed at the Tibooburra and John Bull Gold Projects in NSW.
PERTH, Wash., March 19, 2025 (GLOBE...
ECN Capital Announces Closing of C$75 Million Offering of 6.50% Convertible Senior Unsecured Debentures
Written by Customer Service on . Posted in Public Companies.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.
TORONTO, March 19, 2025 (GLOBE NEWSWIRE) — ECN Capital Corp. (TSX: ECN) (“ECN Capital”) today announced that it has closed the previously announced offering (the “Offering”) of C$75 million aggregate principal amount of convertible senior unsecured debentures due April 30, 2030 (the “Debentures”). The Offering was conducted by a syndicate of underwriters co-led by CIBC Capital Markets, National Bank Financial Markets, BMO Capital Markets and RBC Capital Markets, and including Raymond James Ltd., TD Securities Inc., Canaccord Genuity Corp. and Cormark Securities Inc. (collectively, the “Underwriters”). ECN Capital has also granted the Underwriters an option to purchase up to an additional C$11.25 million aggregate principal amount of Debentures,...
Sonnet BioTherapeutics Receives Notice of Allowance for U.S. Patent Covering Composition of Matter of Specific Amino Acid Substitutions of its IL-18 Binding Protein Resistant Variant Protein
Written by Customer Service on . Posted in Public Companies.
Company advancing development of its modified version of Interleukin-18 (IL-18Binding Protein Resistant or IL-18BPR) that exhibits wild-type binding to the IL-18 receptor (IL-18Rc), coupled with undetectable binding to the inhibitory IL-18 Binding Protein (IL-18BP) thus making IL-18BPR more effective in vitro
Sonnet’s variant human IL-18BPR is a key cytokine which comprises substitutions at the following amino acid positions: Y1, M51, M60, S105 and D110, relative to human wildtype IL-18
Patent opens up potential licensing opportunities for rights to IL-18BPR independent of Sonnet’s FHAB platform patent estate
Management releases “What This Means” segment discussing the allowed patent; Access here
PRINCETON, N.J., March 19, 2025 (GLOBE NEWSWIRE) — Sonnet BioTherapeutics Holdings, Inc. (the “Company” or “Sonnet”) (NASDAQ: SONN),...
Australian Oilseeds Sees Surging Demand for its Canola Oil from China
Written by Customer Service on . Posted in Public Companies.
COOTAMUNDRA, Australia, March 19, 2025 (GLOBE NEWSWIRE) — Australian Oilseeds Holdings Limited, a Cayman Islands exempted company (the “Company”) (NASDAQ: COOT) today announced that it is seeing surging demand for its canola oil products from China in response to the ongoing trade war between China and Canada.
“Our high-quality oils are well positioned for growth in China and the partnership with Shanghai Maiwei Trading Co., which we announced in January 2025, provides a strong foundation to capitalize on the recent surge in demand for our canola oil,” said Gary Seaton, Chief Executive Officer. “We have received numerous inquiries from both private and state-owned enterprises and anticipate entering into several long-term supply agreements with Chinese companies over the next 12 months.”
According to the United States Trade Representative...
Newly awarded public tender: Establishment and operation of an external hosting environment for Brugerklubben SBSYS
Written by Customer Service on . Posted in Public Companies.
Press release
Newly awarded public tender: Establishment and operation of an external hosting environment for Brugerklubben SBSYS
Aalborg, 19 March 2025 – Contain by Netic, a Trifork subsidiary, has recently been awarded a public tender for the establishment and operation of an external hosting environment for Brugerklubben SBSYS. Brugerklubben SBSYS is a Danish association of 41 municipalities and 2 regions that oversees the development of the Electronic Document and Records Management Systems (EDRMS), SBSYS, and SBSIP, which in total support the daily workflow for more than 50,000 users.
Contain by Netic has been selected to establish and operate an external operating environment that will facilitate the operation of SBSYS and SBSIP for all members. The project involves migrating key components from Hetzner in Germany to Contain...
Xometry Becomes One Of The First Companies To Achieve Cybersecurity Maturity Model Certification (CMMC Level 2) For Meeting Rigorous Cybersecurity Standards
Written by Customer Service on . Posted in Public Companies.
CMMC Level 2 Compliance Reflects Xometry’s Adherence To Cybersecurity And Information Security Standards For The Aerospace And Defense Industries
CMMC Compliance Ensures Companies Doing Business With U.S. Department of Defense Have The Appropriate Measures In Place To Protect Controlled Unclassified InformationNORTH BETHESDA, Md., March 19, 2025 (GLOBE NEWSWIRE) — Xometry (NASDAQ: XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced it has become one of the first companies in any industry to achieve Cybersecurity Maturity Model Certification (CMMC Level 2), for adherence to rigorous cybersecurity and information security standards for the aerospace and defense industries as set forth by the U.S. Department of Defense.
The recently finalized CMMC framework...
Birchtech Announces $5.0 Million Share Repurchase Program
Written by Customer Service on . Posted in Public Companies.
Initial Program Puts in Place Mechanism Enabling Deployment of Proceeds from IP Defense to Repurchase Common Stock
CORSICANA, Texas, March 19, 2025 (GLOBE NEWSWIRE) — Birchtech Corp. (TSX: BCHT) (OTCQB: BCHT) (“Birchtech” or the “Company”), a leader in specialty activated carbon technologies for sustainable air and water treatment, today announced its Board of Directors has authorized a share repurchase program, under which the Company may purchase up to $5.0 million of shares of its common stock.
“This initial share repurchase authorization reflects the confidence in our strategy and the long-term potential we see in Birchtech common stock,” said Richard MacPherson, CEO of Birchtech Corp. “The program reflects the strong cash flow generation expected from IP wins and licensing agreements in the months...
Coalesce Expands Data Platform With CastorDoc Acquisition and Introduces Catalog
Written by Customer Service on . Posted in Mergers And Acquisitions.
The acquisition unites best-in-class data transformation with AI-driven governance, bridging the gap between data teams and business stakeholders
SAN FRANCISCO, March 19, 2025 (GLOBE NEWSWIRE) — Coalesce, the data transformation company, has acquired CastorDoc, the AI-powered data catalog company. With the acquisition, CastorDoc is now Coalesce Catalog, an intuitive, AI-driven metadata management solution for modern data teams. While the name has changed, the product remains the same—continuing to deliver industry-leading data governance and discovery as part of the Coalesce product suite.
This acquisition expands Coalesce’s data transformation platform with dynamic metadata management and AI-assisted discoverability features. The integration provides immediate benefits for all data consumers by offering full visibility into data...
Transom Capital-Backed HALO Dream Inc. Completes Acquisition of Baby Merlin
Written by Customer Service on . Posted in Mergers And Acquisitions.
LOS ANGELES and NEW YORK, March 19, 2025 (GLOBE NEWSWIRE) — HALO Dream Inc. (“HALO” or the “Company”), a portfolio company of Transom Capital Group (“Transom”), is pleased to announce the acquisition of Baby Merlin, an iconic designer and manufacturer of baby sleepwear products known for its patented “Magic Sleepsuit,” a category-leading swaddle product used for sleep transitioning that is both trusted by parents and beloved by babies.
This acquisition is HALO’s second in the last 12 months, following its May 2024 acquisition of BreathableBaby, demonstrating the Company’s commitment to growing its family of best-in-class infant accessories and apparel.
“The Magic Sleepsuit and Baby Merlin are synonymous with better, longer, safer sleep for babies and parents,” said Walter Lehneis, CEO at HALO. “We are thrilled to welcome Baby Merlin...