Month: May 2025

MANAGEMENT COMMENTARY PRFoods’ third quarter of the 2024/2025 financial year has come to an end. We can conclude that it has been a challenging period due to market volatility and Estonia’s poor economic climate. However, we have still managed to increase the Group’s profitability and reduce expenses. At this point, we must commend our teams both in Estonia and the United Kingdom, where the goals are clear and the focus is steady in moving towards the set objectives. The approval of PRFoods’ bond restructuring plan has also been finalized, which will allow our production units to better focus on business development going forward. In the third quarter, the Group’s unaudited consolidated revenue was 3.7 million euros, representing a 3% decrease compared to the previous financial year. EBITDA from operating activities improved from...

NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES MONTREAL, May 30, 2025 (GLOBE NEWSWIRE) — Quantum eMotion Corp. (“QeM” or the “Corporation”) (TSX.V: QNC; OTCQB: QNCCF; FSE: 34Q0) is pleased to announce that it has increased the size of its previously announced best efforts brokered private placement due to increased institutional demand for total gross proceeds of C$12,000,000 (the “Offering”), consisting of 8,000,000 units of the Corporation (each a “Unit”) at a price of C$1.50 per Unit (the “Offering Price”), pursuant to the listed issuer financing exemption (the “LIFE Exemption”) under Part 5A of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”). A.G.P. Canada Investments ULC (“Agent“) is acting as the sole bookrunner and agent for the Offering and A.G.P./Alliance...

HONG KONG, May 30, 2025 (GLOBE NEWSWIRE) — VS MEDIA Holdings Limited (Nasdaq: VSME), a leading digital media and social commerce company in the global Creator Economy, today announced the closing of its public offering of 35,296,063 ordinary shares at a public offering price of $0.229 per ordinary share. Gross proceeds were $8,082,800. Net proceeds, after deducting placement agent fees and other offering expenses of $730,619, were $7,352,181. Joseph Gunnar & Co., LLC acted as the sole placement agent in connection with this offering. The securities described above were offered pursuant to a registration statement on Form F-1, as amended (File No. 333-286658) (the “Registration Statement”), which was declared effective by the Securities and Exchange Commission (the “SEC”) on May 6, 2025. The offering was being made only by...

Washington, D.C., May 30, 2025 (GLOBE NEWSWIRE) — Reliability Incorporated OTC PINK (RLBY) Reliability, a trusted leader in workforce solutions and professional services, is proud to announce that its application to join the newly established Over-the-Counter Issuer Directory (OTC-ID) has been officially accepted. The OTC-ID is a groundbreaking initiative that enhances transparency and accessibility for companies operating in the over-the-counter markets. With this inclusion, Reliability gains a vital platform to showcase its performance, corporate governance, and growth potential to a broader base of institutional and individual investors. “Joining OTC-ID marks a strategic milestone for Reliability,” said Nick Tsahalis, CEO of Reliability. “This step not only increases our visibility and credibility in the market, but it also...

HONG KONG, May 30, 2025 (GLOBE NEWSWIRE) — Pitanium Limited (“Pitanium” or the “Company”), a company that retails its proprietary brand focusing on beauty and personal care products, announced today that it priced its initial public offering of 1,750,000 Class A ordinary shares (the “Class A Ordinary Shares”) at $4.00 per Class A Ordinary Share (the “Offering”). Cathay Securities, Inc. acted as the sole underwriter to the Offering (the “Underwriter”). The Company granted the Underwriter a 45-day option to purchase up to 262,500 additional Class A Ordinary Shares, at US$4.00 per Class A Ordinary Share (the “Over-allotment”), less underwriting commissions. The Class A Ordinary Shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on May 30, 2025, under the ticker symbol “PTNM.”...

Energy solutions sought to add capacity to Avista’s portfolio SPOKANE, Wash., May 30, 2025 (GLOBE NEWSWIRE) — Avista, through a request for proposal (RFP), is seeking proposals from bidders to add energy and capacity including distributed energy resources, to meet projected resource needs. In addition, Avista is seeking to add a Demand Response program to its portfolio to assist in addressing peak demand. The all-source RFP seeks resources to meet capacity needs for both Washington and Idaho up to 415 MW for winter and 425 MW for summer. As part of this RFP, Avista may bid repowering and/or self-build resources into the RFP. Avista is utilizing an Independent Evaluator for this RFP. Avista’s 2025 Electric Integrated Resource Plan filed on December 31, 2024, reflects a need for new electric resources to meet growing customer demand...