Toronto, May 30, 2025 (GLOBE NEWSWIRE) —

Frumzi has announced the implementation and integration of major improvements and upgrades to their platform, as part of their major plan for competing efficiently with the best online casinos in Ontario for 2025 and beyond.

Frumzi has recognized the fast growth of the online gambling industry in Ontario, which has attracted new operators to work in the province, and hence, the competition has level up and the brand has used this as an opportunity to upgrade their platform and launch their plan for becoming one of the best online casinos for Ontario residents.

According to iGaming Ontario:“… In terms of revenue, monthly total in Ontario hit $280 million, a year-on-year rise of 19.2%. This was, however, 5.7% behind January. Breaking this down, online casino game revenue amounted to $214 million, up 30.5% from the previous year and 76% of total monthly revenue”. 

To learn more about the new bonuses and promotions available at Frumzi, Ontario residents over 18 years old can visit the official website.

Frumzi has revealed the list of major improvements and upgrades they have rolled out in Ontario as part of their growth plan:

• New games and online gambling experiences
• New bonuses and promotions for Ontario residents
• New payment processors and technology integration
• Enhanced responsible gambling measures and technology
• Enhanced mobile gambling capabilities

Frumzi has highlighted the introduction of the new welcome bonus which rewards new players with 100% extra on the first deposit plus 200 free spins and a secret bonus worth $300, weekly cashback, weekly free spins and access to over 8,000 new online slots, online and live games.

Major Upgrades to the Catalogue of Real Money Games

Based on their registered player feedback and internal insights, Frumzi learned that their customer base demanded new real money games, and this is why the brand decided to establish new deals and partnerships with global iGaming providers, in order to successfully expand their catalogue of games.

Frumzi has set up deals with prestigious providers such as Evolution, Playtech, Microgaming, Habanero, NetEnt, Play’N Go, Yggdrasil, Red Tiger and Jumpman, in order to add new titles to the most popular online gambling categories in Ontario:

• Online Slots
• Online Roulette
• Online Blackjack
• Online Poker
• Live Dealer Games
• Instant Games
• Lotto Games
• Bingo Games

Frumzi has added approximately 4,000 new games to their catalogue, placing a heavy focus on online slots, as they are the most popular online real money games in Ontario.

To discover Frumzi’s new catalogue of real money games in Ontario, visit the official website

Frumzi Introduces New Bonuses and Offers to Compete Efficiently with the Current Best Online Gambling Sites in Ontario

One of the main measures introduced by Frumzi was to release new promotions and bonuses, in order to compete efficiently with the top operators in the province.

The brand has released a new set of promotions and bonuses for Ontario residents, focusing on free spins, deposit-based rewards, cashback and free cash prizes, as well as low wagering requirements and fast payouts.

Frumzi Casino believes in the effectiveness of offering enhanced bonuses and offers, as the brand reassures it is a key measure for increasing customer retention rate, which is one of the most important metrics in the iGaming industry.

New users can claim a welcome package that includes a 100% match on their first deposit, along with 200 free spins for select slot games and an additional surprise bonus to be revealed upon account activation.

To encourage continued play, Frumzi also provides a series of weekly incentives. These include a reload bonus offering 50 free spins on slot games, as well as a 50% deposit match available each week.

For players who frequent the live casino section, a dedicated cashback offer has been launched to support those who prefer real-time gaming experiences. A similar cashback feature is available for slot players, providing a percentage of losses returned on a weekly basis.

All promotional offers are subject to Frumzi’s responsible gaming policies and terms of use.

To learn more about Frumzi’s new bonuses, visit the official online casino website.

Frumzi Introduces New Payments Technology and Providers for Faster Payouts

As part of its ongoing improvements to the user experience in Ontario, Frumzi has introduced new payment technologies and partnered with a wider range of financial service providers to speed up deposits and withdrawals.

Players can now benefit from faster transactions and greater flexibility through a variety of trusted options, including FunID, Visa, MasterCard, and NeoSurf. Additional methods such as Paysafecard, Skrill, Neteller, and eVoucher offer secure alternatives for users who prefer prepaid or digital wallets.

Frumzi has also expanded support for JetonBank and MiFINITY, enhancing accessibility for players who value both speed and convenience.

These upgrades are aimed at streamlining the overall banking experience while maintaining the highest standards of security and compliance within the Ontario market, allowing players to enjoy the benefits of instant deposits and fast payouts.

In addition, Frumzi has also increased the limits for deposits and withdrawals, as it is one of the brand’s goals for 2025 to make the online casino more inclusive, catering to new players, casual players and high rollers.

Frumzi Launches a New Mobile Website for Ontario Residents

Frumzi has launched a fully redesigned mobile website for players in Ontario, developed using advanced HTML5 technology to ensure full compatibility across all modern smartphones and tablets.

The new mobile site features a fully responsive design that adapts seamlessly to different screen sizes and resolutions, providing a consistent, intuitive experience available on iOS and Android.

Optimized for both Wi-Fi and mobile data connections, the platform delivers fast loading times and stable performance, allowing all players to play online and live games without interruptions. To accomplish this goal, Frumzi has also made use of key technologies such as CDNs and brand new servers.

Touch-responsive controls, low-latency streaming, and improved loading contribute to a fluid user experience that mirrors desktop quality. Whether using an entry-level smartphone or a high-end device, players across Ontario can now access a smoother, faster mobile casino experience tailored to modern digital expectations thanks to the recent mobile upgrades introduced by Frumzi Casino.

Frumzi Rolls Out Comprehensive Measures and Solutions for Promoting Responsible Gambling

According to Statistics Canada“…In 2018, Statistics Canada estimated that 1.1 per cent of Ontarians experienced problem gambling. However, a recent study, still awaiting peer review, by some of this article’s authors found that rate closer to nine per cent just before the launch of iGO. In a December 2024 report, Mental Health Research Canada reported it at 11 per cent in Ontario.”

Being aware of the delicate situation of problem gambling in Ontario, Frumzi Casino has rolled out and integrated key solutions and measures to detect and prevent this issue, and provide the necessary solutions and assistance players might need.

As part of its commitment to responsible gambling in Ontario, Frumzi offers a range of player protection tools designed to promote safer online gaming habits. Users can set daily, weekly, or monthly deposit limits to manage spending, as well as loss and wagering limits to stay in control of their betting activity.

To support time awareness, players receive session reminders and regular reality checks during gameplay. Frumzi also provides self-exclusion options, allowing individuals to take temporary or permanent breaks from the platform when needed.

Additionally, players have access to local support resources, including links to Ontario-based gambling help organisations and helplines. For added transparency, users can review detailed account activity reports that track deposits, withdrawals, and playing history in real time.

About Frumzi Casino

Frumzi Casino is a licensed and regulated online gambling operator with presence in over 30 countries, which entered the Ontario market in early 2025. The online casino features over 8,000 games, new bonuses and modern tools and solutions for responsible gaming, with the goal of becoming one of the best online casinos in Ontario.

Disclaimer & Affiliate Disclosure

This news article is for informational purposes only and does not constitute legal, financial, or gambling advice. All content herein reflects the opinions of the original source and is presented “as is” without warranty of any kind, whether expressed or implied. Every effort has been made to ensure the accuracy of the information provided at the time of publication. However, no guarantees are made regarding its completeness, reliability, timeliness, or accuracy. In the event of typographical errors, outdated references, or inaccuracies, neither the publisher nor any affiliated syndication partners shall be held responsible.

Readers are advised to verify any gambling-related promotions, offers, or claims directly with the official website of the online casino mentioned. Participation in online gambling is subject to local laws and regulations, and users must ensure they meet the legal age and jurisdictional requirements before engaging in any online betting activity.

This article may contain references to or descriptions of bonuses and promotional offers that are subject to change without notice. Terms and conditions apply to all offers, and these should be reviewed in full on the official platform before participation.

This publication may include affiliate links. If a reader clicks on a link and makes a purchase or signs up for an offer, a commission may be earned at no additional cost to the user. This helps support the distribution of such news content and does not influence the editorial integrity of the information presented.

Neither the publisher nor its distribution partners accept any liability for losses, damages, or claims resulting from use of this content or reliance on any information contained within. The inclusion of third-party services, platforms, or quotes does not imply endorsement. Readers engage at their own discretion and are encouraged to consult appropriate professional advisors if uncertain about any gambling activity or associated risks.

For questions related to this press release, please contact the issuing organization directly through the contact information provided.

The post Online Casino Ontario 2025: Frumzi Casino Competes For Best Spot appeared first on Crypto Insider.

VANCOUVER, BC, May 30, 2025 (GLOBE NEWSWIRE) — New Wave Holdings Corp. (the “Company” or “New Wave”) (CSE: NWAI, FWB: 0XM0, OTCPK: TRMNF) announces, further to its news release of May 20 and May 29, 2025, that the Company has closed the previously announced non-brokered private placement under the Listed Issuer Financing Exemption (as defined herein) of 7,000,000 units of the Company (the “Units”) at $0.055 per Unit for gross proceeds of $385,000 (the “LIFE Offering”).

Each Unit consists of one common share in the capital of the Company (a “Share”) and one transferrable common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one additional Share on or after August 13, 2025 at a price of $0.07 on or before May 30, 2027. The Company intends to use the proceeds for future portfolio investments, supporting current investments and for general working capital.

The LIFE Offering was completed pursuant to the listed issuer financing exemption (the “Listed Issuer Financing Exemption“) under Part 5A of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106“). The securities issued under the LIFE Offering are not subject to a hold period in accordance with applicable Canadian securities laws.

There is a first amended and restated offering document dated May 28, 2025 related to this LIFE Offering (the “Amended and Restated Offering Document”) that can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at http://newwavecorp.com.

The securities issued pursuant to the LIFE Offering have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

ABOUT NEW WAVE HOLDINGS CORP.

New Wave Holdings Corp. (CSE: NWAI, FWB: 0XM0, OTCPK: TRMNF) is an investment issuer that has been focused on supporting innovative and fast-growing companies within the esports, Artificial Intelligence, Blockchain, and Web3 sectors.

Investors interested in connecting with New Wave Holdings can learn more about the Company by contacting Geoff Balderson, Chief Financial Officer.

For further information please contact: Geoff Balderson, Chief Financial Officer, New Wave Holdings Corp., (604) 602-0001

ON BEHALF OF THE BOARD of DIRECTORS

Anthony Zelen
‎Director

The CSE does not accept responsibility for the adequacy or accuracy of this release.

The post NEW WAVE ANNOUNCES Closing of Non-Brokered Private Placement of Units appeared first on Crypto Insider.

NEW YORK, May 29, 2025 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of NET Power Inc. (NYSE: NPWR, NPWR.WS) between June 9, 2023 and March 7, 2025, both dates inclusive (the “Class Period”), of the important June 17, 2025 lead plaintiff deadline.

SO WHAT: If you purchased NET Power securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the NET Power class action, go to https://rosenlegal.com/submit-form/?case_id=38515 call Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 17, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) NET Power was unlikely to complete Project Permian (NET Power’s efforts to develop its first utility-scale plant) on schedule, and the project was likely to be significantly more expensive than defendants had represented, because of, inter alia, supply chain issues and numerous site- and region-specific challenges; (2) accordingly, defendants’ projections regarding the time and capital needed to complete Project Permian were unrealistic; (3) the increased time and capital needed to complete Project Permian were likely to have a significant negative impact on NET Power’s business and financial results; and (4) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

To join the NET Power class action, go to https://rosenlegal.com/submit-form/?case_id=38515 or call Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

The post ROSEN, LEADING TRIAL ATTORNEYS, Encourages NET Power Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – NPWR, NPWR.WS appeared first on Crypto Insider.

NEW YORK, May 29, 2025 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Digimarc Corporation (NASDAQ: DMRC) between May 3, 2024 and February 26, 2025, both dates inclusive (the “Class Period”), of the important July 8, 2025 lead plaintiff deadline.

SO WHAT: If you purchased Digimarc securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Digimarc class action, go to https://rosenlegal.com/submit-form/?case_id=36577 or call Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 8, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) a large commercial partner would not renew a large contract on the same terms; (2) as a result, Digimarc would renegotiate the large commercial contract; (3) as a result of the foregoing, Digimarc’s subscription revenue and annual recurring revenue would be adversely affected; and (4) as a result of the foregoing, defendants’ positive statements about Digimarc’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Digimarc class action, go to https://rosenlegal.com/submit-form/?case_id=36577 or call Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        case@rosenlegal.com
        www.rosenlegal.com

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SANTA MONICA, Calif., May 28, 2025 (GLOBE NEWSWIRE) — Super League Enterprise, Inc. (NASDAQ: SLE) (the “Company”), a leader in redefining how brands connect with consumers through the power of playable media, today announced that it has commenced a public offering to offer and sell securities (the “Offering”).

The Company intends to use the net proceeds from this offering for general corporate and working capital needs, and the repayment of a portion of the Company’s indebtedness. The Company’s Common Stock is trading on the Nasdaq Capital Market under the symbol “SLE”. The Offering is subject to market conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering.

Aegis Capital Corp. is acting as the sole book-running manager for the offering on a firm commitment basis.

The offering is being made pursuant to an effective shelf registration statement on Form S-3 (No. 333-283812) previously filed with the U.S. Securities and Exchange Commission (SEC) and declared effective by the SEC on December 20, 2024. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC’s website located at www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, when available, by contacting Aegis Capital Corp., Attention: Syndicate Department, 1345 Avenue of the Americas, 27th floor, New York, NY 10105, by email at syndicate@aegiscap.com, or by telephone at +1 (212) 813-1010.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Super League Enterprise, Inc.

Super League (Nasdaq: SLE) is redefining how brands connect with consumers through the power of playable media. The Company provides global brands with ads, content, and experiences that are not only seen – they’re played, felt, and remembered – within mobile games and the world’s largest immersive gaming platforms. Powered by proprietary technology, an award-winning development studio, and a vast network of native creators, Super League is a one-of-a-kind partner for brands looking to stand out in culture, spark loyalty, and drive meaningful impact. In a world where attention is earned, Super League makes brands relevant – by making them playable. For more information, visit superleague.com.

Forward-Looking Statements

The foregoing material may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company’s product development and business prospects, and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue” or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward- looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. These risks and uncertainties include, without limitation, risks and uncertainties related to whether or not the Company will be able to raise capital through the sale of its securities; the final terms of the proposed Offering; market conditions; satisfaction of customary closing conditions related to the Offering; the Company’s ability to maintain adequate liquidity and financing sources; various risks related to the Company’s business operations; and other risks and uncertainties, including those described within the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024. There can be no assurance that the Company will be able to complete the Offering on the anticipated terms, or at all. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the security laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

Shannon Devine/ Mark Schwalenberg MZ North America
Main: 203-741-8811
SLE@mzgroup.us

The post Super League Enterprise, Inc. Announces Launch of Proposed Public Offering appeared first on Crypto Insider.

NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) — The law firm of Kirby McInerney LLP reminds investors that the firm is investigating potential claims against Cleveland-Cliffs Inc. (“Cleveland-Cliffs” or the “Company”) (NYSE:CLF). The firm’s ongoing investigation concerns whether Cleveland-Cliffs and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.

[Click here to learn more about the investigation]

On May 7, 2025, Cleveland-Cliffs issued a press release reporting its financial results for the first quarter of 2025. Among other items, Cleveland-Cliffs reported a larger than expected adjusted loss and an 11% year-over-year revenue decline to $4.63 billion. The Company also announced plans to fully or partially idle six steel plants. Cleveland-Cliffs’ Chief Executive Officer attributed the operational changes to negative effects from underperforming non-core assets and the lagging effect of lower index prices in late 2024 and early 2025 and said that the Company is repositioning its portfolio away from non-core markets, including rail, high-carbon sheet, and specialty plate products, and toward the automotive industry. On this news, the price of Cleveland-Cliffs shares declined by $1.34 per share, from $8.49 per share on May 7, 2025, to close at $7.15 on May 8, 2025.

If you purchased or otherwise acquired Cleveland-Cliffs securities, have information, or would like to learn more about this investigation, contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below to discuss your rights or interests with respect to these matters without any cost to you.

[CONTACT FORM]

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts
Kirby McInerney LLP
Thomas W. Elrod, Esq.
212-699-1180
https://www.kmllp.com
investigations@kmllp.com

The post Kirby McInerney LLP is Investigating Potential Shareholder Claims Against Cleveland-Cliff Inc. (CLF) appeared first on Crypto Insider.

Highlights:

• Continued evaluation of multiple metal processing technologies to produce market-ready battery-grade nickel and cobalt compounds, copper and PGE metals from a low-cost, low-carbon footprint mine for the Ferguson Lake Ni-Cu-Co PGE Project located in southeast Nunavut, Canada.
• Commenced follow-up extensive bio-metallurgical programs from initial bio-leaching tests indicating metal extraction of 97.86-98.5% nickel and 96.9-97.7% cobalt, with the goal of achieving similarly high recoveries of copper and PGE metals.
• Enhanced engagement with local governments, Indigenous communities, investors, and potential partners to support the future development of the Ferguson Lake Project

TORONTO, May 27, 2025 (GLOBE NEWSWIRE) — Canadian North Resources Inc. (“Canadian North” or the “Company”) (TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to report its operational and financial results for the first quarter ended March 31, 2025.

Dr. Kaihui Yang, President and CEO of the Company, commented: “In the first quarter, we commenced more extensive bio-leaching tests for the Ferguson Lake Project. These new tests are based on the exceptional results of the bio-leaching amenability tests completed in 2024, which indicate that both the massive sulphides and the rougher sulphide tail are amenable to bio-leaching with very high extraction rates for nickel (97.8-98.9%) and cobalt (96.0-97.7%) plus encouraging initial extractions of Cu of 73.6 -75.4% from massive sulphides. We believe that the Cu extraction rate can be significantly improved, and the PGE metals can be recovered with additional testing.”

“We are expanding the bio-leaching tests to develop a mineral processing flowsheet for the high recovery of nickel, cobalt, copper and PGE. When proven, this flowsheet can simplify mineral processing, bypassing smelting and metal refining, and it will substantially reduce the capital expenditures needed for mine development, energy consumption, and operating cost for production. We believe that bio-leach extraction is a promising technology for developing a low-cost, low-carbon footprint mine at the Ferguson Lake Project.”

“Following the communities engagements programs in 2024 in southeast Nunavut, we have increased the communications with local communities, local governments and investors for the potential mine development of the Ferguson Lake Project.”

Quarter 1 of 2025 Highlights:

• The Company engaged in the following activities in the first quarter:
  • On February 20, 2025, the Company provided an update on its Normal Course Issuer Bid (“NCIB”) that was announced on April 5, 2024. Since December 5, 2024, the Company has repurchased a total of 162,500 Common Shares at an average price of $0.97 per share under the NCIB. The Company believes that the current market price does not fully represent the intrinsic value of CNRI’s Common Shares. The completion of this initial phase underscores the Management’s commitment to returning value to shareholders while optimizing the Company’s capital structure.
  • On March 3, 2025, the Company announced to start new metallurgical tests using the low-carbon footprint bio-leaching technologies. Based on the exceptional initial results that indicated 96-98% extraction rates of nickel and cobalt, the Company moved forward to expanding the bio-leaching test program to recover copper and PGM in addition to nickel and cobalt.
  • In early March, the Company participated in the PDAC 2025 Annual Conference with a booth to display recent drill cores from the Ferguson Lake project and new metallurgical tests. The team met with investors and potential partners with updated mineral resources and the results of new metallurgical tests using the low-carbon footprint, bio-leaching technology for the Ferguson Lake project.

Subsequent Events:

• In April and May, the Company’s team attended the Nunavut Mining Symposium and communicated with local governments and communities for the potential development of the Ferguson Lake Project. The Company also transported the exploration and construction materials from Baker Lake to the camp, in preparation for the upcoming summer work programs. The Management has increased communications with shareholders, investors and potential strategic partners for the further development of the Company and its Ferguson Lake Project.

• On April 15, 2025, the Company filed its operational and financial results for the fiscal year 2024. During the year, it also publicly disclosed an updated NI 43-101 Mineral Resource Estimate for the Ferguson Lake Project, confirming it as one of the largest and highest-grade copper-nickel-cobalt-PGE deposits in North America. In addition, the Company initiated bio-leaching tests, which achieved 96–98% extraction rates for nickel and cobalt, supporting the potential use of this technology in developing a low-carbon, environmentally sustainable mining operation at Ferguson Lake.

• On April 16, 2025, the Company filed with the TSX Venture Exchange (“TSXV”) an update on its Normal Course Issuer Bid (“NCIB”) that was announced on April 5, 2024. During the past year (from April 5, 2024, to April 4, 2025), the Company has repurchased a total of 202,300 Common Shares at an average price of $0.98 per share under the NCIB. The completion of this repurchase underscores the Management’s commitment to returning value to shareholders while optimizing the Company’s capital structure.

• On April 24, 2025, the Company announced that it has filed with the TSX Venture Exchange (“TSXV”) a Notice of Intention to Make a Normal Course Issuer Bid which is proposed to commence on April 28, 2025 and terminate on April 27, 2026 or the earlier of the date all shares which are subject to the Normal Course Issuer Bid are purchased. The Company believes that the current market price does not fully represent the intrinsic value of CNRI’s Common Shares.

For the quarter ended March 31, 2025, The Company ended the quarter with cash and cash equivalents of $771,839 and reported a net profit and comprehensive profit of $46,394 or $0.00 per share.

For the quarter end Financial Statement and Management’s Discussion and Analysis, please see the Company website at www.cnresources.com or on SEDAR.

Qualified Person:

Dr. Trevor Boyd, P.Geo. and Technical Advisor for Canadian North Resources, a qualified person as defined by Canadian National Instrument 43-101 standards, has reviewed the technical content of this news release and has approved its dissemination.

About Canadian North Resources Inc.

Canadian North Resources Inc. is an exploration and development company focusing on the critical metals for the clean-energy, electric vehicles, battery and high-tech industries. The company is advancing its 100% owned Ferguson Lake nickel, copper, cobalt, palladium, and platinum project in the Kivalliq Region of Nunavut, Canada.

The Ferguson Lake mining property contains a substantial National Instrument 43-101 compliant Mineral Resource Estimate announced on March 19 2024, which include Indicated Mineral Resources of 66.1 million tonnes (Mt) containing 1,093 million pounds (Mlb) copper at 0.75%, 678Mlb nickel at 0.47%, 79.3Mlb cobalt at 0.05%, 2.34 million ounces (Moz) palladium at 1.10gpt and 0.419Moz platinum at 0.19gpt;  and Inferred Mineral Resources of 25.9Mt  containing 558Mlb copper at 0.98%, 333Mlb nickel at 0.58%, 39.6Mlb cobalt at 0.07%, 1.192Moz palladium at 1.43gpt and 0.205Moz platinum at 0.25gpt. In particular, 80% of the Indicated Mineral Resources is Open Pit with 52.7Mt at 0.65% copper, 0.43% nickel, 0.05% cobalt, 0.97gpt palladium and 0.17gpt platinum, which provides a solid Mineral Resource base for the initial development of a potential large mine. The Mineral Resource model indicates significant potential for resource expansion along strike and at depth over the 15 km long mineralized belt and a number of undefined mineralization zones and prospective areas. (Refer to “Independent Technical Report on the Mineral Resource Estimate for the Ferguson Lake Project, Nunavut, Canada (“the Technical Report”)”, prepared by SRK Consulting and Ronacher McKenzie Geoscience Inc., effective March 19, 2024, filed by the Company to SEDAR at http://www.sedarplus.ca on May 3, 2024. The Technical Report has also been posted on the Company’s website at www.cnresources.com.)

Further information please visit the website at www.cnresources.com,

or contact:

Dr. Kaihui Yang, President and CEO
Phone: 905-696-8288 (Canada)
1-888-688-8809 (Toll-Free)
Email: info@cnresources.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this news release, including statements which may contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, or similar expressions, and statements related to matters which are not historical facts, are forward-looking information within the meaning of applicable securities laws. Such forward-looking statements, which reflect management’s expectations regarding the Company’s future growth, results of operations, performance, business prospects and opportunities, are based on certain factors and assumptions and involve known and unknown risks and uncertainties which may cause the actual results, performance, or achievements to be materially different from future results, performance, or achievements expressed or implied by such forward-looking statements.

These factors should be considered carefully, and readers should not place undue reliance on the Company’s forward-looking statements. The Company believes that the expectations reflected in the forward-looking statements contained in this news release and the documents incorporated by reference herein are reasonable, but no assurance can be given that these expectations will prove to be correct. In addition, although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. The Company undertakes no obligation to release publicly any future revisions to forward-looking statements to reflect events or circumstances after the date of this news or to reflect the occurrence of unanticipated events, except as expressly required by law.

The post Canadian North Resources Inc. Reports Operational and Financial Results for the First Quarter Ended March 31, 2025 appeared first on Crypto Insider.

HOUSTON, May 27, 2025 (GLOBE NEWSWIRE) — Freight Technologies, Inc. (Nasdaq: FRGT; “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions, today announced it has entered into an Amendment and Exchange Agreement (the “Exchange Agreement”) with one of its accredited investors, under the Securities Purchase Agreement, dated April 29, 2025, (the “Facility”). Net proceeds from the $20 million Facility are designated for the purchase of OFFICIAL TRUMP coins. Under the terms of the Exchange Agreement, the investor will exchange certain previously issued senior convertible notes for Series A4 preferred shares (the “New Preferred Shares”) of the Company.

Concurrently, the accredited investor is converting $1.5 million of previously issued senior convertible notes into 387,305 New Preferred Shares. The New Preferred Shares are convertible, in whole or in part, into ordinary shares of the Company with no par value per share (the “Ordinary Shares”) in accordance with the terms of the Amended and Restated Memorandum and Articles of Association. The Company is required to reserve a sufficient number of Ordinary Shares to permit the conversion of the New Preferred Shares.

The Exchange Agreement provides that the aggregate number of Ordinary Shares issued upon conversion of New Preferred Shares shall not exceed 19.9% of the outstanding Ordinary Shares as of the date of the Exchange Agreement, unless and until stockholder approval is obtained in accordance with the rules and regulations of the Nasdaq Capital Market.

The foregoing description does not purport to be complete and is qualified in its entirety by reference to the full text of the Company’s current report on Form 8-K dated May 27, 2025, announcing the execution of the Agreement.

About Freight Technologies Inc. 

Freight Technologies (Nasdaq: FRGT) (“Fr8Tech”) is a technology company offering a diverse portfolio of proprietary platform solutions powered by AI and machine learning to optimize and automate the supply chain process. Focused on addressing the distinct challenges within the supply chain ecosystem, the Company’s portfolio of solutions includes the Fr8App platform for seamless Over-the-Road (OTR) B2B cross-border shipping across the USMCA region; Fr8Now, a specialized service for less-than-truckload (LTL) shipping; Fr8Fleet, a dedicated capacity service for enterprise clients in Mexico; Waavely, a digital platform for efficient ocean freight booking and management of container shipments between North America and ports worldwide and Fleet Rocket a nimble, scalable and cost-effective Transportation Management System (TMS) for brokers, shippers, and other logistics operator Together, each product is interconnected within a unified platform to connect carriers and shippers and significantly improve matching and operation efficiency via innovative technologies such as live pricing and real-time tracking, digital freight marketplace, brokerage support, transportation management, fleet management, and committed capacity solutions. The company is headquartered in Houston, Texas. For more information, please visit fr8technologies.com.

Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Fr8Tech’s and Fr8App Inc.’s actual results may differ from their expectations, estimates and projections and, consequently, readers should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements.

These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside Fr8Tech’s and Fr8App Inc.’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the inability to obtain or maintain the listing of Fr8Tech’s ordinary shares on Nasdaq; (2) changes in applicable laws or regulations; (3) the possibility that Fr8Tech or Fr8App Inc. may be adversely affected by other economic, business and/or competitive factors; (4) risks relating to the uncertainty of the projected financial information with respect to Fr8App Inc.; (5) risks related to the organic and inorganic growth of Fr8App Inc.’s business and the timing of expected business milestones; and (6) other risks and uncertainties identified, including those under “Risk Factors,” to be filed in Fr8Tech other filings with the Securities Exchange Commission.

Fr8Tech cautions that the foregoing list of factors is not exclusive. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Fr8Tech and Fr8App Inc. caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Fr8Tech and Fr8App Inc. do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based.

The post Freight Technologies Exchanges Senior Convertible Notes for Series A4 Preferred Shares under the $20 Million Facility appeared first on Crypto Insider.

Toronto, May 26, 2025 (GLOBE NEWSWIRE) — Faircourt Asset Management Inc., as Manager of the Faircourt Fund (CBOE:FGX), is pleased to announce the monthly distribution payable on the Shares of the below listed Fund.

Faircourt Asset Management Inc. is the Investment Advisor for Faircourt Gold Income Corp.  

This press release is not for distribution in the United States or over United States wire services.

For further information on the Faircourt Funds, please visit www.faircourtassetmgt.com or
please contact 1-800-831-0304.

You will usually pay brokerage fees to your dealer if you purchase or sell Shares of the Fund on the CBOE Canada Exchange or other alternative Canadian trading system (an “exchange”). If the Shares are purchased or sold on an exchange, investors may pay more than the current net asset value when buying Shares of the Fund and may receive less than the current net asset value when selling them.

There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in the public filings available at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

The post Faircourt Asset Management Inc. Announces May Distribution appeared first on Crypto Insider.

Miami, FL, May 26, 2025 (GLOBE NEWSWIRE) —
The cryptocurrency market enters a new cycle: opportunities and risks coexist
In May 2025, the cryptocurrency market ushered in a new round of bull market. The price of Bitcoin has repeatedly exceeded the $100,000 mark, and mainstream currencies such as Ethereum (ETH), Solana (SOL), and XRP have also risen, attracting a large number of investors and institutional funds to enter the market. However, the market fluctuates violently, with frequent short-term ups and downs, and ordinary investors often find it difficult to accurately grasp the buying and selling nodes.

In this context, more and more people are beginning to pay attention to more stable and lower-risk ways of participation – such as cloud mining. Compared with short-term trading, cloud mining does not require users to have market judgment ability or technical background. Just choose the right contract to enjoy stable daily crypto asset returns.

BlockchainCloudMining: Subverting the traditional cloud mining experience
BlockchainCloudMining is a cloud mining platform that focuses on efficiency, transparency and security, and is committed to allowing global users to easily have a passive income source of cryptocurrencies such as Bitcoin.

Core advantages:
Newbie bonus: Register and get $12, and you can experience the fun of mining immediately without investment.

Multi-currency support: Supports payment and withdrawal of mainstream currencies such as BTC, ETH, USDC, LTC, XRP, etc., which is flexible and convenient.

Global service: The platform supports multi-language and global user access, with stable service and timely response.

Smart contract operation: The platform allocates global mining machine resources through an intelligent management system to ensure maximum efficiency.

Transparent income, no hidden fees: All income can be checked in real time, there is no maintenance fee, no technical service fee, and truly “what you see is what you get”.

Get daily returns in a volatile market: income examples
In the current situation of intensified volatility in the crypto market, some of the potential mining contracts provided by BlockchainCloudMining have become the new favorites of investors potential as follows

These income models are realized through the platform’s intelligent allocation and real-time mining operations, and are not affected by short-term market price fluctuations. They are more suitable for users who want to achieve steady growth of assets.

Why is cloud mining a “safe haven” to deal with market risks?
When the price of the currency rises, cloud mining locks in high computing power and obtains more output; when the market falls, the platform contract can still provide a fixed daily yield, thereby effectively avoiding the losses caused by personal trading decisions.

In addition, compared with traditional mining machine investment, BlockchainCloudMining saves the complicated processes of procurement, maintenance, hosting, electricity, etc., greatly lowering the threshold, and truly achieving “letting ordinary users also have a digital mine of their own”.

Seize the bull market dividend, starting today
2025 is considered to be the starting point of Bitcoin’s next ten-year golden cycle. Factors such as the halving effect, global inflation pressure, and institutional entry are driving the market upward. For those who want to seize the growth dividend of crypto assets but are unwilling to take high risks, cloud mining is undoubtedly a smarter choice.

Through the BlockchainCloudMining platform, you do not need any technical background, no need to buy mining machines, no need to pay attention to K-lines and charts, just choose contracts and wait for income, you can easily achieve asset growth.

Conclusion: Embrace the future of Bitcoin with technology

We are in the midst of a global digital asset revolution. At this stage, it is crucial to choose a reliable platform to cooperate. BlockchainCloudMining empowers global users with technology and opens a new door to Bitcoin income for ordinary people.

Whether you are a novice trying a small amount or a professional investor seeking high returns, BlockchainCloudMining will be your ideal choice for a steady entry into the field of crypto wealth.

For more information, visit: BlockchainCloudMining.com. Or contact the company by email: info@blockchaincloudmining.com

Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

The post BlockchainCloudMining: How to earn substantial and stable returns in the turbulent cryptocurrency market appeared first on Crypto Insider.