NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, Jan. 17, 2025 (GLOBE NEWSWIRE) — Bigstack Opportunities I Inc. (“Bigstack”) (TSXV: STAK.P) is pleased to provide an update with respect to its proposed qualifying transaction with Reeflex Coil Solutions Inc. (“Reeflex”), as previously disclosed in its press release dated November 4, 2024, pursuant to which Bigstack and Reeflex intend to complete a business combination which will constitute a reverse take-over of Bigstack (the “Business Combination”) and will include Reeflex’s acquisition of all of the issued and outstanding securities of Coil Solutions Inc. (“Coil”) (the “Acquisition” and together with the Business Combination, the “Transaction”). Bigstack, Reeflex and Coil continue to cooperate pursuant to the previously...

HMAX is Hitachi Rail’s digital asset management platformHMAX is Hitachi Rail’s digital asset management platformHitachi Rail agrees to acquire cutting-edge digital rail monitoring business Omnicom from international infrastructure group, Balfour Beatty Strategic acquisition of Omnicom complements the recent launch of Hitachi Rail’s HMAX digital asset management suite, which optimizes railway operations and maintenance Omnicom’s digital monitoring and data analytics supports customers processing trillions of bytes of images per day, optimizing their trackside maintenance.LONDON, Jan. 17, 2025 (GLOBE NEWSWIRE) — Hitachi Rail has agreed to acquire the cutting-edge digital rail monitoring business Omnicom from Balfour Beatty. The acquisition marks a key strategic pillar for Hitachi Rail’s new digital asset management business,...

180 Degree Capital’s track record of investing in public markets and its deep network of relationships are expected to help fuel expansion of Mount Logan’s bespoke private credit solutions into publicly traded companies Strong pro forma balance sheet post transaction that will support investment into what the parties believe is a highly actionable pipeline of organic and inorganic growth opportunities across both asset management and insurance solutions businesses Ted Goldthorpe will be CEO of the combined company, which will operate as Mount Logan Capital Inc. The combined business is expected to pay quarterly dividends, subject to board approval Support secured from approximately 23% of Mount Logan and 20% of 180 Degree Capital shareholders through voting agreements with additional indicative support from certain other shareholders Mount...

CHICAGO and CONRAD, Iowa, Jan. 16, 2025 (GLOBE NEWSWIRE) — Granite Creek Capital Partners, L.L.C., a private investment firm based in Chicago, today announced the acquisition of Ritchie Industries, Inc. (“Ritchie” or the “Company”), a leading manufacturer of automated livestock watering products. Ritchie offers a complete line of livestock watering products for the beef, dairy, equine and other livestock markets. Over its 100-plus year history, Ritchie has built the preeminent brand in the waterer industry with products synonymous with innovation, quality, and reliability. The waterers are manufactured in Conrad, Iowa, continuing the legacy of the Company’s founder, Thomas Ritchie, who patented the first automatic float-controlled livestock watering device in 1921. “Ritchie has a storied history and has built an unmatched reputation...

Company expands its portfolio to offer multi-family, net-zero energy ready homes to help developers improve profitability RALEIGH, N.C., Jan. 16, 2025 (GLOBE NEWSWIRE) — Vantem, a trusted partner helping developers increase profitability by reducing project and financing costs with energy-efficient factory-built structures, today announced its acquisition of Clio, South Carolina-based Arris Manufacturing, a leader in off-site multi-family residential manufacturing. The acquisition is part of Vantem’s nationwide growth strategy to establish 20 plants in the U.S. through both new facilities and the acquisition of highly qualified modular factories. This strategic acquisition broadens Vantem’s manufacturing capabilities to include multi-family structures and increases capacity to meet strong demand for the company’s energy-efficient...

PITTSBURGH, Jan. 16, 2025 (GLOBE NEWSWIRE) — Carmell Corporation (Nasdaq: CTCX), a bio-aesthetics company focused on skin and hair health (“Carmell”, the “Company”, “we”, “our”, or “us”), today announced the closing of the previously announced acquisition of the skin and hair care business of Elevai Skincare, Inc. (“Elevai”), a leader in physician dispensed exosome skin and hair care products, pursuant to a definitive purchase agreement with PMGC Holdings Inc. (formerly Elevai Labs Inc.) (“PMGC”) and Elevai, its wholly owned subsidiary (the “Acquisition”). At the closing of the Acquisition (the “Closing”), the purchase consideration consisted of the following:Approximately $1.1 million of Carmell common stock at a price of $0.8488 per share as follows:1,149,226 shares of Carmell common stock at Closing, plus; 117,814 shares...

VANCOUVER, British Columbia, Jan. 16, 2025 (GLOBE NEWSWIRE) — FIREWEED METALS CORP. (“Fireweed” or the “Company”) (TSXV: FWZ; OTCQX: FWEDF) is pleased to announce the acquisition of the Harvest claims from Strategic Metals Limited (“Strategic Metals”). These claims are fully enclosed within the boundaries of Fireweed’s Macpass Project, further consolidating the Company’s position in the District. HighlightsAcquisition of 42 Harvest Claims, encompassing an area of approximately 8.77 km2. Claims situated on the northern side of the Macpass property (see Map 1) in a belt of known barite-zinc-lead-silver showings. Exploration potential includes significant zinc-in-soil anomalies and stratigraphic units prospective for high-grade massive sulphide mineralization.CEO Statement Peter Hemstead, Interim President...

VANCOUVER, British Columbia, Jan. 16, 2025 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces today that it has completed the acquisition of Weddle Survey Inc., a land survey engineering company which will form the base of its Northwest US Drone as a Service (DaaS) operations. Weddle Surveying is an established land survey engineering firm located near Portland, Oregon with over 200 customers. ZenaDrone teams are currently onsite to onboard and convert Weddle operations into using drones for land surveys. In addition to land surveys, it is anticipated that the combined entity will develop drone solutions for other applications including...

SINGAPORE, Jan. 16, 2025 (GLOBE NEWSWIRE) — BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, announced today that it has signed a letter of intent to acquire a majority stake in a 51-megawatt (MW) Bitcoin mining facility in the State of Oklahoma, United States. Strategically located in an unpopulated area, the facility has completed construction of its power and mining infrastructure. It boasts a reliable power supply of 51 MW from the grid at a competitive average cost of approximately 3 cents per kilowatt-hour. Operating air-cooled Bitcoin miners, the facility has consistently delivered high levels of hashrate efficiency. The transaction, expected to close in the first half of 2025 if consummated, is structured as a majority equity acquisition. The...

Armstrong International – EMEA has acquired HygroTemp, a Netherlands-based leader in humidity control solutions HERSTAL, Belgium, Jan. 16, 2025 (GLOBE NEWSWIRE) — Armstrong International – Europe/Middle East/Africa (EMEA), the continental entity of the global thermal energy solutions provider Armstrong International, has acquired HygroTemp, a Netherlands-based leader in humidity control solutions. HygroTemp has worked closely with Armstrong – EMEA’s Humidification Group in the Netherlands since 2007. Together they promote key technologies like the EvaPack™, a hygienic and controlled evaporation solution manufactured by Armstrong EMEA’s subsidiary, Devatec, located in Normandy (France).HygroTemp’s former owner and managing director, Rolf Bosscher, will support Armstrong’s European Humidification team in further developing...