Latest news with #NorthAmerican-based
Business Wire
08-07-2025
- Business
- Business Wire
Lightshift Energy Secures up to $40 Million Corporate Credit Facility From Aiga Capital Partners to Accelerate Energy Storage Portfolio
ARLINGTON, Va.--(BUSINESS WIRE)--Lightshift Energy, a leading energy storage developer, owner, and operator today announced the financial close of a credit facility for up to $40 million with Aiga Capital Partners ("Aiga'), an institutional investment platform that specializes in innovative financing solutions for North American-based companies developing sustainable infrastructure assets. The facility will serve as a strategic tool to support Lightshift's rapidly growing portfolio by funding interconnection and power purchase agreement ('PPA') security requirements, equipment deposits, and other uses. The expandable credit line comes at a critical time as Lightshift transitions a significant portion of its pipeline into construction during the second half of 2025 and into 2026. 'This financing milestone strengthens our balance sheet and positions Lightshift to execute with speed and certainty as we bring more of our high-impact projects online,' said Rory Jones, Co-Founder and Managing Partner at Lightshift Energy. 'We are pleased to partner with Aiga, whose innovative approach to structured credit supports our mission to advance a more resilient, capable and lower-cost grid.' 'At Aiga, we are committed to delivering creative, scalable financing solutions to best-in-class developers leading the energy transition,' said Angel Fierro, Managing Partner at Aiga Capital Partners. 'Lightshift has demonstrated both the technical expertise and disciplined execution needed to drive the next generation of battery storage deployment, and we are excited to support their ambitious build-out.' With this transaction, Lightshift Energy further establishes itself as a trusted partner to utilities, large-load customers, and communities seeking reliable and flexible clean power solutions. About Lightshift Energy Lightshift Energy is a utility-scale energy storage project developer, owner and operator headquartered in Arlington, Virginia. Founded in 2019, Lightshift is developing a diverse, multi-gigawatt pipeline of energy storage projects, located throughout the U.S. With leading energy storage analytics, application design, finance, and development expertise, Lightshift deploys dynamic, multi-use energy storage projects that maximize value for utilities and other partners, while reinvesting directly into the communities where their projects are located. For more information, please visit About Aiga Capital Partners Aiga is a minority-owned investment platform supporting the energy transition with structured debt and equity solutions for developers of sustainable assets in North America. In an effort to contribute towards net zero emission goals, its strategy targets growth capital deployment opportunities in renewable energy, energy storage and other sustainable infrastructure sectors. To learn more, visit:
Hamilton Spectator
17-06-2025
- Business
- Hamilton Spectator
BUSCANDO UPDATE ON PORTFOLIO EXPANSION, EXPLORATION LAUNCH AND CLOSING THE FIRST TRANCHE OF THE PRIVATE PLACEMENT
Vancouver, BC, June 17, 2025 (GLOBE NEWSWIRE) — Buscando Resources Corp. ('Buscando' or the 'Company') (CSE: BRCO), a North American mineral exploration company focused on critical metals and the rapidly growing sector of natural hydrogen, is pleased to provide a comprehensive corporate update highlighting recent portfolio expansion, ongoing field activities, and key upcoming milestones. The Company also confirms the successful closing of the first tranche of its previously announced non-brokered private placement financing (the 'Private Placement'), as disclosed on April 29, 2025. Recent Highlights: ' We are entering a new phase of Buscando's growth story ,' stated Brad Kitchen, President of Buscando Resources. ' From natural hydrogen to critical metals, the Company is building a forward-facing portfolio aligned with long-term energy and security priorities in North America. Management has built early momentum by acquiring assets and executing early-stage exploration programs and is now focused on execution and creating value through discovery and innovation .' Corporate Update The Company has expanded its asset base through the acquisition of Element One and its two North American-based projects with natural hydrogen and critical mineral potential. Element One is a 100%-owned subsidiary of Buscando and will be the vehicle for expanded research and further acquisitions in the exciting field of natural hydrogen. The newly acquired Union Bay project in Alaska and the Star project in British Columbia collectively span over 4,800 hectares and offer dual potential: exploration for critical minerals - such as copper, nickel, and PGEs - and naturally occurring geologic hydrogen. At the same time, Buscando has completed an early-season exploration program at its Foggy Mountain Project in British Columbia. The Company is currently analyzing results—including advanced magnetics, inversion modelling, and target generation—which will guide upcoming geochemical surveys and potential drilling campaigns aimed at identifying new zones of mineralization in this highly prospective region. This dual-focus strategy positions Buscando uniquely at the intersection of two macro trends: the global race for critical minerals supply and the accelerating interest in clean hydrogen as a next-generation energy solution. With geoscientific collaboration underway—including partnerships with research institutions and access to US and Canadian government-supported natural hydrogen and critical mineral recovery and extraction programs, Buscando aims to validate the presence of hydrogen-hosting systems on its properties. In the coming months, Buscando will: Private Placement Tranche One The Company issued 750,000 units (the 'Units') at CAD$0.20 per Unit for aggregate gross proceeds of CAD$150,000 (the 'Offering'). The Company expects to close the balance of the financing prior to month end. Each Unit is comprised of one common share in the capital of the Company (each a 'Share') and one-half of one common share purchase warrant (each a 'Warrant'). Each full Warrant will entitle the holder to acquire one (1) additional Share (the 'Warrant Shares') at an exercise price of CAD$0.30 per common Share for a period of eighteen (18) months from the closing date, subject to an acceleration clause in the event the trading price of the Shares equals or exceeds CAD$0.45 for a period of ten (10) consecutive trading days. There were no finders' fees paid in relation to tranche one close. Certain Directors and Management of the Company purchased an aggregate of 750,000 Units CAD$150,000 in the private placement. The Company has relied on the exemptions from the valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ('MI 61-101') contained in sections 5.5(b) and 5.7(1)(a) of MI 61-101 in respect of such insider participation. The Company intends to use the proceeds raised from the Offering for the payment of the purchase price pursuant to the Acquisition, review and completion of the phase 1 work program on the Foggy Mountain Property, review and investigation of future potential property acquisitions and for general administrative Company expenses. All securities that are issued pursuant to the Offering are subject to, among other things, a hold period of four months and one day in accordance with applicable Canadian securities laws. Qualified person The scientific and technical information disclosed herein has been reviewed and approved by Jeremy Hanson, PGeo., who is an independent consulting geologist to the company and a qualified person as defined by National Instrument 43-101 — Standards of Disclosure for Mineral Projects. About the Company Buscando Resources Corp. is an exploration company focused on the acquisition, exploration and development of natural resource properties located in Canada. For more information on Buscando please contact the Company (+1 250-877-1394) or visit the website . On behalf of the Board of Directors, BUSCANDO RESOURCES CORP. 'Kyler Hardy' Chief Executive Officer Email: khardy@ This press release contains 'forward-looking information' that is based on the Company's current expectations, estimates, forecasts, and projections. This forward-looking information includes, among other things, statements with respect to the completion of the Company's Offering and exploration and development plans and the closing of the Acquisition, as anticipated or at all. The words 'will', 'anticipated', 'plans' or other similar words and phrases are intended to identify forward-looking information. Forward-looking statements in this news release includes statements related to the Transaction, receipt of all necessary regulatory approvals to the Transaction, satisfaction of the conditions precedent to the Transaction, closing of the Offering, the intended use of proceeds from the Offering, the payment of finders' fees and issuance of securities in connection therewith and related matters. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward looking information. Neither the Canadian Securities Exchange nor its Regulation Services Provider accept responsibility for the adequacy or accuracy of this release.
Yahoo
11-06-2025
- Business
- Yahoo
GraceMed announces appointment of Dan Pawliw as Chief Executive Officer
Dan Pawliw headshot TORONTO, June 11, 2025 (GLOBE NEWSWIRE) -- GraceMed, a leading consolidator in the plastic surgery, dermatology, and medical aesthetics industry, is pleased to announce the appointment of Dan Pawliw as its new Chief Executive Officer. A highly respected leader in clinical healthcare services, Dan brings a proven track record of innovation, growth, and team building. Over the past decade, he played a pivotal role in shaping and expanding Medcan, transforming it into one of Canada's most prominent health and wellness brands. He also co-founded Akira Health, a leading virtual healthcare services platform, which served millions of patients and was later acquired by Telus Health. He previously held roles in investment banking at Goldman Sachs in New York and JP Morgan H&Q in San Francisco. "Dan's leadership philosophy aligns with GraceMed's mission," said Dr. Douglas Grace, Founder and Chief Medical Officer of GraceMed. "His unwavering dedication to excellence in client care, forward-thinking approach to healthcare innovation, and deep appreciation for the incredible team behind it all will be instrumental in guiding GraceMed into its next chapter of growth." GraceMed seamlessly integrates cutting-edge technology with industry-leading procedures and best-in-class medical expertise. The team of highly skilled practitioners is committed to delivering personalized, high-quality care, ensuring exceptional results that help patients both look and feel their best. Dan joins GraceMed at a pivotal moment, as the company continues to evolve and redefine aesthetic, surgical, and functional medicine care across Canada. Dan Pawliw holds an MBA from Northwestern University and a Bachelor of Commerce from Queen's University. About GraceMedGraceMed is a North American-based platform helping more and more patients realize their true self. As a leading consolidator in the plastic surgery, dermatology and medical aesthetics industry, GraceMed partners with leading physicians and medical providers to deliver exceptional patient outcomes and results. For more information, visit Media contact:Dale GagoCommunications and Marketing Business PartnerFengate Asset 326 1473 A photo accompanying this announcement is available at: nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Edinburgh Reporter
05-06-2025
- Business
- Edinburgh Reporter
Birbraer heads new ownership at Fife Flyers
Fife Flyers have new owners. A North American-based group has been installed as the new management team to run Britain's oldest professional ice hockey club. Former Israeli international, 44-year-old, former Cardiff Devils winger, Max Birbraer, is the new president and general manager, and a spokesman said: 'We are here to build something special.' Kazakhstan-born Birbraer, drafted in Round 3 and 67th overall by National Hockey League side, New Jersey Devils, in 2000, has started work with the club which was formed in 1938, and bosses confirm they are in 'advanced discussions' to appoint a new head coach. Several core players from last season have been contacted and the new owners plan to build what they described as 'a competitive and committed roster'. Hockey agent, Gareth Chalmers, who parted company as managing director of Glasgow Clan and the Braehead Arena in February this year after more than a decade with the club, has joined the Kirkcaldy-based combine as chief commercial and operations officer. Season ticket details will be revealed soon and the spokesman said: 'We're excited to grow our partnerships and business operations with his leadership.' Flyers new bosses say the hard work starts now and they welcome all commercial inquiries. Plans are being made to connect directly to fans. They could include meet and greet, question and answer or a town hall-style event, and the new regime said: 'We want to hear what matters most to you (the fans), what needs to improve, and how we can earn your trust moving forward.' Bosses plan to be more transparent and to provide detailed communication regarding club's architecture, vision and intention. And the statement declared: 'To every supporter: this is your team. We're honoured to be at the helm, and we're ready to give it everything we've got.' The group moved in after former directors, Tom Muir and Jack Wishart, confirmed in early February that they were stepping down after nearly three years at the helm and the newcomers expressed their thanks to those 'who carried the torch before us'. They added: 'From this moment forward, our group is fully responsible for the direction, development, and future of the club, and we take that responsibility seriously. 'It is an honour to lead the UK's oldest and most iconic hockey team.' They claim their mission is clear, to restore the pride, energy, and identity of Fife Flyers hockey — both on and off the ice. The statement added: 'This is a people's club. Fife is the beating heart of Scottish hockey, and its supporters are the soul of this organization. Your loyalty, your voice, and your passion will shape everything we do. 'We are here to build something special, a first-class hockey experience that reflects the grit and character of this town. Under this leadership, we will lead with transparency, we will compete with pride, and we will always listen.' Like this: Like Related
Yahoo
03-06-2025
- Entertainment
- Yahoo
Former teen member of L.A. K-pop group sues management, alleging abuse and exploitation
Something about K-pop always captivated Kiera Grace Madder. The 17-year-old singer has been a fan of the synchronized choreography, fashion-forward outfits and unique sound coming out of South Korea for as long as she could remember. So in 2022, when she learned JYP Entertainment, one of the biggest K-pop talent agencies, had plans to make a group with North American-based talent, she jumped at the opportunity. She auditioned for a reality show and earned her place in an all-girl group called VCHA, with five other teens. But last summer, less than a year after officially debuting, the group pulled out of Lollapalooza and nearly went radio silent on social media. In a lawsuit filed last December against JYP USA in L.A. County Superior Court, Madder, who goes by the stage name KG Crown, revealed she had left VCHA and alleged child labor law violations, abuse and exploitation. 'I knew the K-pop system was very hardworking — probably one of the most hardworking systems in the music industry,' Madder told The Times. 'I'm a hard worker, so I was willing to put in any hard work, but I did not know about what can go on behind closed doors.' JYP USA issued a statement on social media when the lawsuit was filed, claiming Madder had made 'unilateral public statements containing false and exaggerated claims.' The agency declined to comment further in response to questions from The Times, citing the 'ongoing legal matter.' Madder, identified as 'K.M.' in the court documents, said she signed her contract with JYP at age 15. Read more: NCT Dream talks about impact of K-pop culture in L.A. and forthcoming 'futuristic' album VCHA began an intense training regimen, traveling between JYP's Seoul headquarters and Los Angeles to rehearse. In L.A., the six girls shared a $2.5-million Beverly Hills mansion, where Madder alleges they were under constant surveillance. According to the lawsuit, staying in the home was 'optional,' but Madder said she felt pressured to live there by the JYP staff. In addition to a live-in staffer who monitored the girls, Madder says video cameras watched and recorded their private conversations. The lawsuit claims the company presented the cameras as a part of the 'house's alarm system' when they were installed. According to Madder's lawsuit, the surveillance system was a 'tool aimed at controlling our eating, movements, and behavior.' JYP allegedly maintained full control over the trainees' schedules, even on days off. In order to leave the home, the group members had to submit their plans ahead of time and get approval, Madder's suit alleges. She says she even had to ask permission to see her mother on the weekends. 'I honestly felt like it was a prison and the house staff was the prison guard,' Madder said. 'I felt like JYP had become my parent, but the strictest parent I ever lived with.' Madder's lawsuit alleges the company 'controlled [her] diet and pressured [her] to eat less.' Their meals were 'restricted to small salads,' she alleged, and their weight was monitored. 'The skinnier you are, the more respected and prettier you're viewed. It's ridiculous,' Madder said. 'At times, in South Korea, they would tell us, 'Lose weight or you're going to regret the way you look on camera.'' In training for performances, JYP allegedly pushed the VCHA girls to their physical limits. In the lawsuit, Madder recalls being denied meal breaks and water during rehearsal, and alleges she was forced to work long days on little sleep. As recounted in the lawsuit, Madder's days would typically begin at 7 a.m. with a few hours of school, followed by rehearsals that started at 10:30 a.m. and went into the late hours of the night. Read more: J-Hope of BTS on his Billboard success and becoming the first solo Korean artist to headline BMO Stadium Madder alleges there were several instances in which she had to continue training after suffering injuries. The lawsuit describes a dance instructor who "singled" Madder out, making her repeat a move more than a hundred times without stopping for a break, which allegedly caused a tendon tear in her shoulder. 'I had tears in my eyes and was very stressed," she recalled. 'It's one of those situations where you don't have to escalate it to the point of abuse.' She was also forced to rehearse despite suffering injuries to her hip and leg, her lawsuit claims. The court filings include photos of her in hospital gowns and receipts for medical treatments, along with images of bruises that she said she sustained during dance training. Screenshots of text messages included in the lawsuit show that Madder described being forced to 'dance thru the pain.' In another text conversation from last May included in the suit, she wrote, 'Honestly I feel like I don't [have] a personality anymore or am my own person. They changed me and I lost all my good.' According to the lawsuit, Madder started to miss school as the stress from training piled up. She says other members of the group developed eating disorders, engaged in self-harm and, in February of last year, one of them attempted suicide. Madder said she has not spoken to fellow VCHA members since her departure from the group in May 2024. Madder accuses JYP of underpaying her and failing to deliver promised royalties and a share of the revenue from the group. The lawsuit alleges she received $500 during weeks in which she worked over 12-hour days, which falls below California's minimum wage. Madder's lawsuit also says she is saddled with more than $500,000 in debt to JYP for 'company expenses.' Read more: Babymonster discusses debut world tour, working with G-Dragon and the success of album 'Drip' She alleges in her lawsuit that she was 'forced to sign contracts while being given only a few minutes to review them,' including ones that were written in Korean, a language Madder doesn't speak. Her mother, Tracey Madder, said in a statement to The Times that filing the lawsuit "was 100 percent KG's decision, which I fully support due to the circumstances she experienced." "I am hopeful for the best possible outcome for all parties involved," she said. The younger Madder said she hasn't been able to work, release music or post on social media since leaving VCHA. When she first got home after leaving the JYP mansion, she says, she felt 'brainwashed' and like she 'would never be able to make it in the music industry again." The next court hearing in her lawsuit is set for June 20. 'I'm praying that the judge can see the light in the situation and let me go,' Madder said. 'I don't want clout. I don't want attention. I want to be free. That's what I want — freedom.' Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week. This story originally appeared in Los Angeles Times.
