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Month: June 2025

Complexity stops investors opening SMSFs: moomoo launches one-stop service for them

Michael McCarthyMoomoo Australia and New Zealand chief executive officer Michael McCarthyMoomoo Australia and New Zealand chief executive officer Michael McCarthy. SYDNEY, June 19, 2025 (GLOBE NEWSWIRE) — Investors want to open self-managed super funds, to invest in cryptocurrency, and make use of artificial intelligence, found investment platform moomoo Australia and New Zealand in its recent survey of share investors. But a key finding was that the complexity and cost of opening a SMSF is stopping those interested in opening a fund from doing so. SMSF complexity holds investors back Moomoo aims to simplify the complex setup of SMSFs, which is why 24% of interested Australians say they haven’t opened a fund. At the same time, moomoo and its partners offer a transparent range of fees to reassure the 21% of people that...

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Ascot Announces Results of Annual General Meeting Held June 18, 2025

VANCOUVER, British Columbia, June 18, 2025 (GLOBE NEWSWIRE) — Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) reports that at its annual general meeting (the “AGM“) held on June 18, 2025, Ascot’s Shareholders approved by majority: to set the number of directors at six (6), to elect all six directors standing for election; to re-appoint PricewaterhouseCoopers LLP as the Company’s auditor; and the philosophy and design of the Company’s executive compensation. Detailed results of the votes held by ballot at the AGM are set out below:  Total Votes Cast For Total Votes CastAgainst %For %AgainstNumber of Directors 669,702,396 248,142,848 72.96 27.04Nominee Total Votes Cast For Total VotesWithheld %For %WithheldStephen Altmann 914,787,147 3,058,097 99.67 0.33William Bennett 667,932,279 249,912,965 72.77 27.23James...

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Malibu Boats Announces Continued Partnership with General Motors, Naming Chevrolet as The Official Vehicle Brand of Malibu Boats

Exclusive partnership unites two industry leaders to continue innovating and powering the future of boating experiences with enhanced performance and cutting-edge technology.Chevrolet Named Official Vehicle of Malibu BoatsPower meets performance. The 2025 Chevrolet Suburban High Country launches the Malibu Wakesetter 23 LSV—the best-selling towboat of all time—highlighting the official partnership between Chevrolet and Malibu Boats to deliver next-level adventures on land and water.LOUDON, Tenn., June 18, 2025 (GLOBE NEWSWIRE) — Malibu Boats, the world’s best-selling wakeboat brand, is thrilled to announce the continuation of its long-standing partnership with General Motors, naming Chevrolet as the Official Vehicle Brand of Malibu Boats. This partnership reinforces Malibu Boats’ commitment to excellence and innovation,...

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Willis launches Zest Insurance, a digital revolution for Australian SMEs

MELBOURNE, Australia, June 18, 2025 (GLOBE NEWSWIRE) — Willis, a WTW business (NASDAQ: WTW), today launches Zest Insurance, a cutting-edge digital insurance platform tailored specifically for small and medium enterprises (SMEs) in Australia. Zest Insurance represents a bold step forward in the digital transformation of SME insurance. It offers a seamless, fast and intuitive online experience backed by expert broker support. Designed to meet the evolving needs of modern business owners, Zest Insurance empowers SMEs to purchase, manage and renew their insurance policies entirely online. James Baum, Head of Pacific, WTW says: “The launch of Zest Insurance comes at a pivotal time for the Australian SME market. With 97% of businesses having 20 or fewer employees, the platform is poised to serve a vast and growing segment of the market....

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Mustang Energy Corp. Receives Exploration Permit for the Spur Project, Saskatchewan

VANCOUVER, British Columbia, June 18, 2025 (GLOBE NEWSWIRE) — Mustang Energy Corp. (CSE: MEC, OTC:MECPF, FRA:92T) (the “Company” or “Mustang”) is pleased to announce it has received exploration permits from the Saskatchewan Government, allowing for ground-based exploration activities at the Spur Project (the “Project”) south of the Athabasca Basin, Saskatchewan. The permit includes Crown Land Work Authorization, Aquatic Habitat Protection Permit, Forest Product Permit and Temporary Work Camp Permit. This authorizes Mustang to carry out mineral exploration activities such as trail construction, line-cutting, ground geophysical surveys, and diamond drilling. The approved permits are valid until April 30, 2028. As part of the permit conditions, the Company will continue to engage with local communities to address any ongoing concerns...

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Pacific Urban Investors Expands Portland Metro Portfolio with 304-Unit Acquisition

PALO ALTO, Calif., June 18, 2025 (GLOBE NEWSWIRE) — Multifamily owner-operator and investment manager Pacific Urban Investors has acquired Meadow Creek, now renamed Ansley Murrayhill, a 304-unit apartment community in Tigard, Oregon. The acquisition of Meadow Creek brings Pacific’s Portland metro portfolio to 2,610 units across 10 properties. Meadow Creek is a two-story, garden style community with 608 parking spaces. Located in the Murrayhill neighborhood of Washington County, the property’s location offers short commutes to the largest and highest paying jobs in the MSA, including Nike and Intel, along with immediate access to substantial retail offerings. Built in 1985, the community has been maintained well but received only minimal aesthetic upgrades over time. As such, the opportunity exists to improve the curb appeal, unit...

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Reliance Global Group Announces Up To $6.75 Million Private Placement Priced At-The-Market Under Nasdaq Rules

$2.5 million upfront with up to an additional $4.25 million of potential aggregate gross proceeds upon the exercise in full of short-term warrants LAKEWOOD, NJ, June 18, 2025 (GLOBE NEWSWIRE) — Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance,” “we,” “us,” “our” or the “Company”), today announced that it has entered into definitive agreements for the issuance and sale of an aggregate of 1,488,096 shares of its common stock (or pre-funded warrants in lieu thereof) and short-term warrants to purchase up to an aggregate of 2,976,192 shares of common stock at a purchase price of $1.68 per share (or per pre-funded warrant in lieu thereof) and accompanying short-term warrants in a private placement priced at-the-market under Nasdaq rules. The short-term warrants will be exercisable immediately upon issuance at an exercise price...

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Tenaris provides information pursuant to Luxembourg Transparency Law

LUXEMBOURG, June 18, 2025 (GLOBE NEWSWIRE) — Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”, or the “Company”) announced today that the Company’s controlling shareholder, San Faustin S.A. (“San Faustin”), has notified the Company that, as a result of Tenaris’s open market repurchases of own shares under its share buyback program publicly announced on May 27, 2025, San Faustin has passively crossed a voting rights threshold triggering a notice requirement under the Luxembourg Transparency Law. On the date hereof, San Faustin informed the Company that, following repurchases of shares by Tenaris in the period from June 9 to June 13, 2025 (disclosed by Tenaris on June 13, 2025, in accordance with the EU Market Abuse Regulation), the 713,605,187 shares of the Company that San Faustin owns represent 66.82% of the Company’s...

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Prime Drink Group Announces Launch of Rights Offering

MONTREAL, June 18, 2025 (GLOBE NEWSWIRE) — Prime Drink Group Corp. (CSE: PRME) (“Prime” or the “Company”) announces that it is undertaking a rights offering (the “Rights Offering”). The Company will be offering a maximum of 353,409,888 rights (the “Rights”) to holders (the “Shareholders”) of its common shares (the “Shares”) as at the close of business on the record date of June 25, 2025 (the “Record Date”) on the basis of one (1) Right for each one (1) Share held. Each one (1) Right will entitle the holder to subscribe for one Share (each, a “Rights Share”) at the subscription price of $0.0825 per Rights Share. The Company anticipates that the minimum aggregate gross proceeds to be raised pursuant to the Rights Offering will be $3,000,000, through the issuance of a minimum of 36,363,636 Rights Shares. Pricing of the Rights Offering...

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