SYDNEY, May 29, 2025 (GLOBE NEWSWIRE) -- Brazilian Rare Earths Limited (ASX: BRE / OTCQX: BRELY) (‘BRE’) is pleased to report exploration results at the Sulista Project area, located ~80 km southwest of the Monte Alto project. Phase two exploration has successfully propelled the Sulista Project – confirming a discovery of an ultra-high grade REE-Nb-Sc-Ta-U deposit, discovery of a new district-scale mineralised corridor, and delivering a range of outstanding drill results across multiple priority targets. Su ...

Core Insights - Vivakor, Inc. reported strong financial results for Q1 2025, with significant revenue growth driven by logistics and terminaling operations from newly acquired businesses [3][6] - The company anticipates continued expansion and higher revenue contracts due to its midstream assets and long-term contracts [3][5] Financial Performance - Revenue increased by 133% to $37.3 million compared to $16.0 million in Q1 2024 [5][6] - Gross profit rose by 345% to $4.8 million, resulting in a gross margin of 12.7%, up from 6.7% in the previous year [5][6] - Adjusted EBITDA increased to $2.5 million, reflecting a positive trend in operational performance [5][10] - Net loss for Q1 2025 was $7.5 million, a 300% increase from $1.9 million in Q1 2024, with a net loss per share of ($0.21) [10] Operational Highlights - Transportation logistics revenue was $11.0 million, with an additional $2.5 million from related parties [5] - Terminaling and storage revenue totaled $21.8 million, with $2.0 million from related parties [5] - The company is currently undergoing expansion and plans to contract at higher revenue levels to meet increased demand [3][5]

Core Insights - Safe Harbor Financial has formed a strategic partnership with Bennett Thrasher to enhance financial compliance and advisory services for cannabis businesses in regulated markets [1][2] - The collaboration aims to address financial challenges faced by operators in the cannabis industry, providing essential tools and guidance for growth [2][3] Company Overview - Safe Harbor Financial is a fintech leader that facilitates financial services and credit facilities specifically for the cannabis industry, having facilitated over $25 billion in deposit transactions across more than 41 states [8] - Bennett Thrasher is a prominent accounting and advisory firm with over 45 years of experience, offering a range of services including tax, audit, and advisory [4] Services Offered - The partnership provides a comprehensive suite of financial services tailored for cannabis businesses, including annual audits, tax preparation, ongoing financial advisory, corporate valuations, M&A support, and CFO services [6][7] - These services are designed to improve audit readiness, enhance credibility with stakeholders, and provide strategic financial guidance [7] Industry Context - Operators in the cannabis industry face unique financial challenges, such as navigating the complexities of 280E tax law and limited access to traditional advisory services [3] - The partnership aims to fill a critical gap in financial infrastructure, enabling cannabis businesses to operate with greater efficiency and confidence [2][3]

Core Viewpoint - Vivani Medical, Inc. plans to spin off its subsidiary Cortigent, Inc. into an independent publicly traded company on Nasdaq by the third quarter of 2025, aiming to enhance value for both Vivani and Cortigent stockholders [1][3][6] Company Developments - Cortigent is developing the Orion Visual Cortical Prosthesis System to provide visual perception for the blind and a Stroke Recovery System to aid recovery of arm and hand movement post-stroke [1][8] - The Orion system has received FDA Breakthrough Device designation and completed a six-year Early Feasibility Study with promising results [2][8] - Cortigent's previous product, the Argus II, was the first FDA-authorized artificial vision device, successfully implanted in hundreds of patients [2][8] Strategic Focus - The spin-off will allow Vivani to concentrate on its proprietary NanoPortal drug implant technology, specifically for chronic weight management and type 2 diabetes [1][2][3] - Vivani's lead program includes a six-month subdermal GLP-1 implant for chronic weight management, with additional products in development for type 2 diabetes [9][11] Financial and Operational Structure - The spin-off is expected to provide clearer visibility into the financial and operational structures of both companies, enhancing understanding of their respective strategies and risks [5][10] - The transaction is subject to various conditions, including board approval and SEC and Nasdaq compliance [6] Management and Leadership - Cortigent's CEO, Jonathan Adams, has extensive experience in the biopharmaceutical field and aims to accelerate the development of Cortigent's technologies post-spin-off [2][8]

Core Insights - Fluent, Inc. has announced the formation of its inaugural Board of Advisors to enhance its commerce media solutions and drive growth and innovation [1][10] - The Board will collaborate with Fluent's executive team to inform strategic decisions, improve brand partnerships, and identify new revenue opportunities in the commerce media sector [2][10] Board Composition - The Board of Advisors includes industry veterans with extensive experience in scaling businesses and digital transformation [3] - Notable members include: - Drew Cashmore, former architect of Walmart Connect, who scaled the business beyond $2 billion [4] - Charlie Cole, a two-time turnaround CEO with expertise in digital transformation and ecommerce [5] - Shawna Hausman, who led a 300% increase in revenue at FSA Store, contributing to its acquisition [6] - Jennifer Olsen, who increased market cap by 40% at Caleres and achieved a 100% revenue increase at UNTUCKit [7] - Brian Wong, a founding partner at Ascii Ventures and co-founder of Kiip, known for his innovative marketing strategies [9] Strategic Goals - The formation of the Board is part of Fluent's strategy to leverage industry expertise for market expansion and innovation in commerce media solutions [10] - Fluent has reported triple-digit year-over-year revenue growth in its unaudited Q4 results, indicating strong momentum in the commerce media space [10][12]

Beyfortus public health advantage bolstered by first real-world comparison of infant vs maternal RSV immunization programs Late-breaking data show infant respiratory syncytial virus (RSV) hospitalizations reduced by 69% in Spain following Beyfortus-only immunization targeted to all infants and 26.7% in the UK following RSVpreF-only maternal vaccination Newly presented durability data show Beyfortus sustained efficacy of 83% through six months in babies born before or during the RSV season Paris, May 29, 20 ...

Core Insights - The Arkansas Oil and Gas Commission has approved a 2.5% royalty rate for lithium extraction from brine, marking a significant milestone for lithium development in Arkansas [1][2][3] Company Overview - Standard Lithium is a leading near-commercial lithium development company focused on sustainable lithium-brine properties in the U.S., particularly in Arkansas and Texas [4] - The company aims for commercial-scale lithium production using a Direct Lithium Extraction process [4] - Standard Lithium is partnered with Equinor to advance the South West Arkansas project, which is a greenfield initiative [4][6] Project Details - The Reynolds Unit of the South West Arkansas Project is expected to have a production capacity of 22,500 tonnes per year of battery-quality lithium carbonate, with full commercial production anticipated by 2028 [3] - The total proposed royalty compensation for brine owners, including the brine fee, is approximately 3% based on current lithium prices [2] Industry Context - The approval of the royalty rate establishes a precedent for other lithium development companies operating in Arkansas, potentially encouraging further investment in the sector [1][3]

New video series explores the impact of ADHD on relationships and the role of Qelbree in helping Jay’s ADHD symptom managementROCKVILLE, Md., May 29, 2025 (GLOBE NEWSWIRE) -- Supernus Pharmaceuticals is expanding its partnership with TV personality and sports reporter Jay Glazer in a new content series featuring his wife, Rosie Glazer. The series, which launches its first episode on the All About ADHD YouTube channel in May for Mental Health Awareness Month, offers an intimate look at how ADHD impacts relat ...

The Company invites individual and institutional investors to attend its real-time presentation at the Emerging Growth ConferenceMunich, May 29, 2025 (GLOBE NEWSWIRE) -- The solar technology company Sono Group N.V. (OTCQB: SEVCF) (hereafter referred to as “Sono Group” or “Sono”, parent company to Sono Motors GmbH or “Sono Motors”) today announced that its previously scheduled presentation at the Emerging Growth Conference on May 21, 2025, has been moved to the next event in the series. The Company will now ...

KUALA LUMPUR, Malaysia, May 29, 2025 (GLOBE NEWSWIRE) -- Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a leading provider of customizable software solutions, today announced that it has signed a term sheet for the proposed acquisition of Smart Bridge Technology Limited (“Smart Bridge”), a fast-growing agentic AI software Company. Under the terms of the proposal, Sagtec intends to acquire Smart Bridge at approximately 10 times the price-to-earnings (PE) ratio for consideration of US$17.6 ...