LIMASSOL, Cyprus, Aug. 05, 2025 (GLOBE NEWSWIRE) — GDEV Inc. (Nasdaq: GDEV), a global gaming and entertainment company, today announced the acquisition of Light Hour Games, a privately held mobile studio based in Cyprus. Light Hour Games is a full-stack studio that builds and markets mobile casual games using AI-first workflows — enabling rapid iteration without compromising high-quality execution. Founded by industry veterans Konstantin Mitrofanov and Ilya Nikitin, the studio operates as a 15-person team with deep expertise across game development, art, and live operations. The acquisition represents a strategic partnership that will grant the Light Hour Games studio the opportunity for continued creative freedom and long-term upside through a share in the future success of its games, while securing the necessary funding for its...

VANCOUVER, British Columbia, Aug. 05, 2025 (GLOBE NEWSWIRE) — Entrée Resources Ltd. (TSX:ETG; OTCQB:ERLFF – the “Company” or “Entrée”) provides an update regarding efforts to transfer the Shivee Tolgoi and Javkhlant mining licenses (the “JV Licenses”) in Mongolia to the Company’s joint venture partner Oyu Tolgoi LLC (“OTLLC”), and other corporate matters. Stephen Scott, the Company’s President and CEO, commented, “Given the critical nature of the transfer of the JV Licenses to OTLLC, the Company wanted to provide an update to shareholders on this and other ongoing issues, including State participation in Entrée’s interest in the area of the JV Licenses. We are encouraged by the Government of Mongolia’s commitment to improving the business environment for foreign investors, as evidenced by the Prime Minister’s recent statements...

Founders Dan Marsh and Scott Maurice Join UPSTACK as Partners NEW YORK, Aug. 05, 2025 (GLOBE NEWSWIRE) — UPSTACK, the leading full-service technology brokerage, today announced the acquisition of Avail Partners LLC, a Seattle-based technology consulting firm that helps midmarket organizations strategically optimize their IT investments. As part of the acquisition, Avail’s Founders and Managing Partners, Dan Marsh and Scott Maurice, will join UPSTACK as Partners. The Avail team will also join the company, expanding UPSTACK’s presence and capabilities in the Pacific Northwest and across key verticals, including manufacturing, healthcare and professional services. Founded in 2012, Avail earned a reputation for delivering transformative results by engaging directly with C-suite executives, such as CFOs, CTOs and CMOs, to...

Summit Wealth Strategies to operate under Arax Advisory Partners NEW YORK, Aug. 05, 2025 (GLOBE NEWSWIRE) — Arax Investment Partners (“Arax”), a premier wealth and asset management platform company backed by RedBird Capital Partners (“RedBird”), today announced that it has acquired Summit Wealth Strategies (“Summit”), a boutique registered investment advisor (“RIA”) headquartered in Chesterfield, MO with $1 billion in assets under management (“AUM”). Financial terms of the transaction were not disclosed. This deal continues the expansion of Arax’s differentiated wealth management and advisory platform, reinforcing the firm’s presence in the Midwest through a strategic partnership with another leading RIA. Summit has built a reputation for delivering deeply personalized, multigenerational financial planning to individuals, families...

VANCOUVER, British Columbia, Aug. 05, 2025 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a business technology solution provider specializing in AI-powered drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, today announced the closing of its seventh Drone as a Service acquisition. Morgan Surveying, Inc. is a Greensboro, North Carolina-based land surveying firm with an established reputation for serving customers in Guilford County and surrounding areas for over 30 years. This marks the first completed acquisition in North Carolina, expanding the DaaS business presence in the Southeast region along with five recent Florida-based acquisitions. It also enhances the company’s ability to sell to both government and commercial customers. “By bringing Morgan Surveying...

NEW YORK, Aug. 05, 2025 (GLOBE NEWSWIRE) — StoneX Group Inc. (NASDAQ: SNEX), a global financial services firm connecting clients to the markets across asset classes and geographies, today announced the successful completion of its acquisition of The Benchmark Company, LLC (“Benchmark”), a leading provider of investment banking, equity research, and institutional sales and trading services. The transaction, originally announced on March 11, 2025, adds a complementary suite of capabilities to StoneX’s existing offerings, enhancing its capital markets offering and establishing a deeper presence in Investment Banking and Equity Research. Strategic Fit and Integration Plans Benchmark brings a seasoned investment banking team, as well as professionals across institutional sales, trading, and equity research. The firm is recognized for...

Transformative acquisition will approximately double the size of the company with no dilution to shareholders OMAHA, NE, Aug. 05, 2025 (GLOBE NEWSWIRE) — FitLife Brands, Inc. (“FitLife,” or the “Company”) (Nasdaq: FTLF), a provider of innovative and proprietary nutritional supplements and wellness products, announced that it has entered into definitive documentation and received requisite approvals to acquire substantially all of the assets of Irwin Naturals and its related affiliates (“Irwin”) under Section 363 of the US Bankruptcy Code (the “Transaction”). Highlights of the Transaction, which is expected to close on or about August 8, 2025, are as follows:The Transaction will approximately double the size of the Company, with consolidated revenue for the combined business anticipated to be in excess of $120 million for the...

CALGARY, Alberta, Aug. 05, 2025 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) announced that its indirect wholly owned subsidiaries, Gran Tierra Energy Ecuador 1 GmbH and Gran Tierra Energy Ecuador 2 GmbH, have entered into definitive agreements to acquire all of GeoPark Ecuador S.A.’s and Frontera Energy Colombia Corp Sucursal Ecuador’s (the “Sellers”) interests in the Perico and Espejo Blocks (the “Blocks”) and their associated Consortiums (the “Consortiums”). The aggregate purchase price for the Blocks and Consortiums is US$15.55 million, subject to customary working capital adjustments as of the effective date of January 1, 2025. The agreement includes an additional contingent consideration of $1.5 million, payable upon the Perico Block achieving cumulative...

PERTH, Australia and TORONTO, Aug. 05, 2025 (GLOBE NEWSWIRE) — Alkane Resources Limited (ASX: ALK) (“Alkane”) and Mandalay Resources Corporation (“Mandalay”) (TSX: MND, OTCQB: MNDJF) are pleased to announce the successful closing of their merger. The transaction was effected by way of a statutory plan of arrangement under the Business Corporations Act (British Columbia) (the “Arrangement”), whereby Alkane acquired all of the issued and outstanding common shares of Mandalay (the “Mandalay Shares”). Under the terms of the Arrangement, Mandalay shareholders are entitled to receive 7.875 fully paid ordinary shares of Alkane (the “Alkane Shares”) for each Mandalay Share held. The combined company will continue operating as “Alkane Resources Limited” and will remain listed on the ASX and headquartered in Perth. The Toronto Stock Exchange...

BOSTON, Aug. 04, 2025 (GLOBE NEWSWIRE) — Cabot Corporation (NYSE: CBT) announced that it has entered into a definitive agreement to acquire Mexico Carbon Manufacturing S.A. de C.V. (MXCB) from Bridgestone Corporation. The reinforcing carbons manufacturing facility was commissioned in 2005 and is located in close proximity to Cabot’s current reinforcing carbons facility in Altamira, Mexico, which has operated successfully since 1990. Furthermore, it underscores Bridgestone’s confidence in Cabot as a trusted partner with a proven track record of delivering high-quality, reliable supply. Under the terms of the acquisition, Cabot will strengthen its longstanding partnership with Bridgestone through the long-term supply of reinforcing carbon products from MXCB for Bridgestone. In addition, the facility also has the capability to manufacture...