Press Releases

NuScale Power Corporation announced today that the Project Management Committee for the Carbon Free Power Project reaffirmed its commitment to NuScale’s industry-leading small modular reactor technology by approving a new Budget and Plan of Finance and an update to the Development Cost Reimbursement Agreement. This key milestone was reached with the receipt and acceptance of the CFPP’s Class 3 Project Cost Estimate, which further refines the anticipated total cost of the project.

Perma-Pipe International Holdings, Inc.has entered into a joint venture with Gulf Insulation Group in The Kingdom of Saudi Arabia to provide pre-insulated piping systems, piping fabrication, internal and external fusion bonded epoxy, three-layer coating services and leak detection systems for customers in the Kingdom of Saudi Arabia, Kuwait and Bahrain. This joint venture will be positioned to participate in Saudi Vision 2030, a strategic framework to diversify the Saudi Arabian economy throu

Delos Capital and The Silverfern Group nnounced today that they have partnered with the management team of Le Sueur Incorporated to complete the acquisition of the Company. Ironwood Capital and Genesis Park provided debt and equity investments in support of the transaction.LSI, based in Le Sueur, MN, is a leading supplier of complex and pressure-tight aluminum castings and plastic injection molding components. LSI specializes in utilizing permanent mold, sand casting, die casting, plastic inj

Boston Metal, a global metals technology solutions company, will deploy its molten oxide electrolysis platform technology to recover high-value metals from mining waste in Brazil.Boston Metal do Brasil, a wholly owned subsidiary, opened in August and construction is underway on facilities in the municipality of Coronel Xavier Chaves near São João del Rei, Minas Gerais. Boston Metal’s patented MOE technology uses electricity to selectively extract valuable metals

Greenland Resources Inc., following its press release dated December 12, 2022, is pleased to announce the submission of the Social Impact Assessment (the “SIA”) for the Malmbjerg Molybdenum Project in east Greenland (the “Project”). The independent SIA conducted by WSP Danmark A/S (“WSP”) analyzes and assigns a rating on the potential positive and negative socio-economic impacts of the Project and is a critical cornerstone in the exploitation permit process

Cactus, Inc., announced today that it has entered into a definitive agreement (the “Agreement”) to acquire FlexSteel Technologies Holdings, Inc. and its affiliates through a merger with its holding company, HighRidge Resources, Inc. (“FlexSteel”) and Atlas Merger Sub, LLC, a newly formed subsidiary of Cactus, Inc. FlexSteel is a market-leading manufacturer of spoolable pipe technologies primarily purchased by customers during the production phases of a well’s lif

Cactus, Inc. announced today that it has entered into a definitive agreement  to acquire FlexSteel Technologies Holdings, Inc. and its affiliates through a merger with its holding company, HighRidge Resources, Inc.and Atlas Merger Sub, LLC, a newly formed subsidiary of Cactus, Inc. FlexSteel is a market-leading manufacturer of spoolable pipe technologies primarily purchased by customers during the production phases of a well’s lifecycle. Scott Bender, President and CEO of

Fortune Minerals Limited (www.fortuneminerals.com) is pleased to announce that it has secured an additional extension to the option to purchase the JFSL Field Services ULC  brownfield site in Lamont County, Alberta. Fortune plans to construct a hydrometallurgical refinery at this site for its vertically integrated NICO cobalt-gold-bismuth-copper critical minerals project. The JFSL facility is a former steel fabrication plant located on 76.78 acres of lands in Alberta’s Industrial H

Equillium, Inc. and Metacrine, Inc. today announced the mutual termination of their previously announced definitive merger agreement.“Equillium first set out to acquire Metacrine in an all-stock transaction in early 2022, with the intent of adding cash runway in a very difficult financing market,” said Bruce Steel, chief executive officer of Equillium. “However, our recent strategic partnership with Ono Pharmaceutical is expected to extend our cash runway into 2025, and poss

Fortune Minerals Limited  is pleased to announce that it has secured an additional extension to the option to purchase the JFSL Field Services ULC brownfield site in Lamont County, Alberta. Fortune plans to construct a hydrometallurgical refinery at this site for its vertically integrated NICO cobalt-gold-bismuth-copper critical minerals project. The JFSL facility is a former steel fabrication plant located on 76.78 acres of lands in Alberta’s Industrial Heartland