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  • GA-ASI and AeroVironment Complete First-Ever Air Launch of Switchblade 600 From MQ-9A UAS

    GA-ASI and AeroVironment Complete First-Ever Air Launch of Switchblade 600 From MQ-9A UAS

    Release of Smaller Loitering Munition Further Validates Large UAS as Motherships

    SAN DIEGO, CALIFORNIA / ACCESS Newswire / September 10, 2025 / General Atomics Aeronautical Systems, Inc. (GA-ASI) and AeroVironment (“AV”) (NASDAQ:AVAV) collaborated on the air launch of a Switchblade 600 loitering munition (LM) from a GA-ASI Block 5 MQ-9A unmanned aircraft system (UAS). The flight testing took place from July 22-24 at the U.S. Army Yuma Proving Grounds Test Range. It marked the first time a Switchblade 600 has ever been launched from an unmanned aircraft.

    “This cooperative effort showcased how combining different unmanned technologies could really provide value and effects to the warfighter,” said GA-ASI President David R. Alexander. “By using MQ-9A to carry the Switchblade, the MQ-9A is able to stand off farther from enemy weapons systems and increase the range of the SB600, which will provide greater access and options in contested airspace.”

    After successfully integrating the SB600 with the MQ-9A, the team released two LMs: one with an inert warhead and the other with a high-explosive round. After launch, the team transferred control of the Switchblade from a user in the MQ-9A’s ground control station to a user on the ground nearer the operational area.

    The test further validated GA-ASI’s ability to integrate and operate a variety of airborne launched effects on the battlefield – including both those built by GA-ASI and by partners such as AV – and how their use in conflict provides risk-tolerant options to commanders in contested operations.

    About GA-ASI

    General Atomics Aeronautical Systems, Inc. is the world’s foremost builder of Unmanned Aircraft Systems (UAS). Logging more than 8 million flight hours, the Predator® line of UAS has flown for over 30 years and includes MQ-9A Reaper®, MQ-1C Gray Eagle®, MQ-20 Avenger®, and MQ-9B SkyGuardian®/SeaGuardian®. The company is dedicated to providing long-endurance, multi-mission solutions that deliver persistent situational awareness and rapid strike.

    For more information, visit www.ga-asi.com.

    Avenger, EagleEye, Gray Eagle, Lynx, Predator, Reaper, SeaGuardian, and SkyGuardian are trademarks of General Atomics Aeronautical Systems, Inc., registered in the United States and/or other countries.

    Contact Information

    GA-ASI Media Relations
    asi-mediarelations@ga-asi.com
    (858) 524-8101

    .

    SOURCE: General Atomics Aeronautical Systems, Inc.

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    View the original press release on ACCESS Newswire

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  • USA Cabinet Store Achieves BBB Accreditation as Kitchen and Bath Remodeling Market Soars

    USA Cabinet Store Achieves BBB Accreditation as Kitchen and Bath Remodeling Market Soars

    Reston, Virginia – September 10, 2025 – (PRESS ADVANTAGE) –

    USA Cabinet Store has just announced that it is now accredited by the Better Business Bureau (BBB). This new status aligns with predictions that the kitchen and bathroom remodeling market could hit $413 billion by 2025. Since its start in 2011, USA Cabinet Store has focused on quality and customer satisfaction and has already serviced over 1,000 customers. This accreditation highlights the company’s commitment to maintaining high standards as they continue offering kitchen and bath remodeling services across the country.

    In response to a growing need for home upgrades, especially in Northern Virginia, USA Cabinet Store is taking steps to cater to a changing housing market. Home sales in the area have gone up by 2.5%, and median prices have increased by 7.31%, reaching $729,710 in 2024. USA Cabinet Store is meeting this demand through its network of 16 showrooms spread across several states. These showrooms let customers check out a wide range of design options and get advice from experts.

    Emin Halac, representing USA Cabinet Store, stated, “Our accreditation by the Better Business Bureau reflects USA Cabinet Store’s unwavering commitment to quality and integrity. We are proud to serve over 1,000 satisfied clients and look forward to expanding our reach as market demands grow.”

    The trend toward kitchen remodeling and bathroom renovations is strong, with many homeowners focusing on these upgrades. In Fairfax County, for instance, 83% of homeowners are hiring professionals for bathroom projects, and 29% are focusing on kitchen upgrades. USA Cabinet Store meets these needs with expertise in kitchen transformations, custom design, and modern kitchen layouts. Their comprehensive design services address plumbing and electrical changes, making sure to maximize space and improve clients’ lifestyles. More information on bathroom remodeling services can be found on USA Cabinet Store’s website under their Bathroom Remodeling section.

    USA Cabinet Store offers a wide array of cabinetry options, known for blending practicality with elegant design. Their kitchen cabinets come in various styles and high-quality materials to match any look. In bathrooms, they provide custom-made vanities and integrated storage solutions.

    With years of experience in construction, the company sees project through from design through to completion. Their teams handle each project from the initial idea to the final installation, ensuring a seamless, professional experience for clients. For those interested in exploring kitchen remodeling options further, detailed insights are available on their Kitchen Remodeling service page.

    Reflecting on the company’s achievements, Emin Halac added, “USA Cabinet Store’s growth momentum is a testament to our team’s dedication to quality and customer care. We’re excited to serve more communities with our new showrooms and align ourselves with rising homeowner expectations.”

    The Northern Virginia housing market remains robust, with homes selling in about 27 days, compared to the national average of 35 days. USA Cabinet Store aims to use their expertise in design-to-construction services to help homeowners take advantage of current market trends.

    Moreover, USA Cabinet Store offers an extensive product range. They offer a multitude of cabinet choices, superior materials, and practical designs as part of their kitchen remodeling and bathroom upgrades. They aim for local residents to find high-quality solutions for all their home remodeling needs.

    USA Cabinet Store looks forward to serving even more communities. For more information, visit the USA Cabinet Store website.

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    For more information about USA Cabinet Store, contact the company here:

    USA Cabinet Store
    Emin Halac
    703-350-4080
    chantilly@usacabinetstore.com
    3857 B, Dulles South Court STE B Chantilly, VA 20151

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  • Ginza Diamond Shiraishi Hong Kong Reflects on the Lasting Meaning of 結婚戒指 (Wedding Rings)

    Ginza Diamond Shiraishi Hong Kong Reflects on the Lasting Meaning of 結婚戒指 (Wedding Rings)

    Ginza Diamond Shiraishi, a distinguished Japanese bridal jewelry brand, is placing a renewed focus on the enduring role of the 結婚戒指 (wedding ring) in shaping cultural traditions, personal expressions, and shared commitments. Across societies and throughout history, the wedding ring has remained one of the most widely recognized symbols of unity, and in Hong Kong, where modern lifestyles blend with deep-rooted traditions, its role continues to carry profound significance.

    The exchange of a wedding ring is more than a ceremonial practice; it is a gesture that transcends time and culture. The circular design of the ring, with no beginning and no end, has long been associated with eternity. The diamonds often chosen to accompany these rings represent strength and resilience, qualities that couples aspire to bring into their shared lives. Ginza Diamond Shiraishi underscores that a 結婚戒指 is not only a precious object but also a vessel of meaning, encapsulating promises that are intended to last a lifetime.

    In Hong Kong, wedding customs often blend international influences with longstanding cultural traditions. While Western-style ceremonies have grown in popularity, many couples continue to incorporate Chinese rituals such as the tea ceremony. Within these blended practices, the 結婚戒指 (wedding ring) acts as a unifying element. It is both modern and traditional, private and public—a personal choice that resonates within families and communities. Ginza Diamond Shiraishi Hong Kong acknowledges this layered role, reflecting on how the wedding ring has evolved while retaining its universal significance.

    The choice of a wedding ring is often considered one of the most important decisions in a couple’s wedding journey. Unlike other jewelry, which may be worn occasionally, the 結婚戒指 is designed to be worn daily. Its durability, comfort, and symbolism must harmonize, creating a piece that feels as natural in everyday life as it does during ceremonial moments. Ginza Diamond Shiraishi’s philosophy emphasizes balance—rings that highlight beauty without excess, comfort without compromise, and symbolism without losing individuality.

    Craftsmanship plays a crucial role in the creation of 結婚戒指 (wedding rings). The process begins with the careful selection of diamonds, each assessed for quality, clarity, and compatibility with the design. Ethical sourcing is central, ensuring that diamonds are obtained responsibly and meet conflict-free standards. Skilled artisans then set each stone with precision, considering proportion, alignment, and long-term wearability. The outcome is a ring that embodies artistry while remaining resilient enough to endure through decades of daily life.

    In Hong Kong, couples approach the selection of 結婚戒指 with increasing mindfulness. For many, the process is collaborative, involving both partners in conversations about style, symbolism, and comfort. This reflects a broader cultural shift toward shared decision-making, emphasizing that the wedding ring is not just an accessory but a symbol of unity crafted through mutual understanding. Ginza Diamond Shiraishi recognizes this evolving dynamic and provides couples with insights into both the practical and symbolic elements of ring selection.

    Technology has also transformed how couples in Hong Kong discover and select wedding rings. Many begin their journey online, exploring collections, reading about craftsmanship, and learning about design inspirations before visiting the showroom. Ginza Diamond Shiraishi’s digital resources complement in-person consultations, offering an informed and meaningful experience for couples. This integration of online accessibility with hands-on expertise reflects modern expectations while ensuring the timeless value of the 結婚戒指 remains intact.

    Beyond aesthetics and craftsmanship, the cultural resonance of the wedding ring in Hong Kong is deeply tied to its role in family traditions. Often, wedding rings are passed down as heirlooms, carrying emotional significance that extends across generations. A 結婚戒指 given by parents or grandparents may carry with it decades of memories, transforming the ring into a bridge between past, present, and future. This intergenerational meaning underscores why the wedding ring holds a place of permanence in both personal and cultural narratives.

    Sustainability and ethical practices have also gained prominence in the modern jewelry industry. Couples are increasingly aware of the origins of their diamonds and metals, valuing transparency and responsible sourcing. Ginza Diamond Shiraishi ensures that each 結婚戒指 aligns with these values, reflecting not only beauty but also integrity. For couples in Hong Kong, this alignment between personal commitment and global responsibility resonates deeply, adding another dimension to the significance of their wedding rings.

    While traditions surrounding weddings may continue to evolve, the role of the 結婚戒指 has remained constant: it is the tangible marker of a promise. It connects individuals to each other, families to families, and generations to generations. It signifies devotion, endurance, and trust in a shared future. Ginza Diamond Shiraishi emphasizes that even as cultural contexts change, the symbolism of the wedding ring continues to unite couples in a way that transcends language and geography.

    Public perception also reinforces the significance of the wedding ring. Whether depicted in literature, films, or social narratives, the act of exchanging rings is universally recognized as one of the most powerful gestures of love. In Hong Kong, where global media influences coexist with local customs, the 結婚戒指 continues to be seen as the defining emblem of marriage. Couples celebrate this act both privately and publicly, affirming that the tradition of the ring remains as relevant as ever.

    Looking to the future, Ginza Diamond Shiraishi Hong Kong anticipates that the meaning of the 結婚戒指 will continue to adapt to new cultural and social landscapes while maintaining its core symbolism. With changing preferences in style, greater awareness of ethical sourcing, and deeper engagement in shared decision-making, couples are shaping the future of this tradition while honoring its historical roots.

    For couples embarking on the journey of marriage, the choice of a wedding ring will always stand as one of the most meaningful steps. It is not merely an adornment but a commitment made visible, a promise carried daily, and a connection that endures through time. Ginza Diamond Shiraishi remains dedicated to honoring this legacy in Hong Kong, ensuring that each 結婚戒指 reflects not only artistry but also the profound human values it represents.

    For more information about Ginza Diamond Shiraishi Hong Kong and its collections of 結婚戒指 (wedding rings), please visit https://pressadvantage.com/story/82083-engagement-ring-recognized-as-a-timeless-expression-of-commitment-by-ginza-diamond-shiraishi-hong-ko.

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    For more information about Ginza Diamond Shiraishi Tsim Sha Tsui 銀座白石尖沙咀, contact the company here:

    Ginza Diamond Shiraishi Tsim Sha Tsui 銀座白石尖沙咀
    Mr. Shiraishi
    (852) 2668 0376
    admin@diamond-shiraishi.hk
    L319-L320, The ONE, 100 Nathan Road, Tsim Sha Tsui, Hong Kong

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  • Next Day Cabinets Hosts Training for Wholesale Cabinet Showrooms

    Next Day Cabinets Hosts Training for Wholesale Cabinet Showrooms

    Richmond, Virginia – September 10, 2025 – (PRESS ADVANTAGE) –

    NextDAY Cabinets’ Richmond sales and dealer team completed a comprehensive training program, held at the company’s Chantilly headquarters. The training was led by Sales Manager, Dogan Goksoy, who has over ten years of experience in the kitchen and bath industry. The goal of this initiative is to improve the Richmond team’s ability to assist contractors, dealers, and builders effectively. The training covered critical areas such as product knowledge, customer service, and understanding the regional market.

    During these sessions, the team delved deep into NextDAY Cabinets’ entire product range. They familiarized themselves with American-made lines like Shiloh and Wolf Home Products, as well as options assembled in America, such as Forevermark. The kitchen cabinets sales training also included a variety of wholesale cabinet brands, including Crestwood, Decora, Mantra, Marsh Furniture, Nations Cabinets, Waypoint, and Commercial Projects. This knowledge equips the Richmond team to cater to a wide array of customer needs, addressing different quality and price points.

    Mike Camurcu, CEO of Nextday Cabinets, shares his excitement for the Richmond showroom: “We’re passionate about professional excellence. This training not only enhances our team’s expertise but also deepens our commitment to delivering exceptional service to our wonderful central Virginia customers. Together, we’re creating something special.”

    Improving the customer experience was a key focus during the training. Team members learned the significance of keeping wholesale pricing transparent and ensuring rapid order processing. Customers can expect delivery within 3 to 5 days for in-stock items. The training also highlighted the company’s free professional 3D kitchen design service. These elements are tailored to benefit customers visiting the Richmond showroom at 3985 Deep Rock Rd.

    “By completing this training, our team is now better equipped to provide outstanding service,” continued the CEO. “Whether it’s through design consultations, project coordination, or wholesale cabinets, we’re more prepared than ever to meet our clients’ needs.”

    The training included strategies specific to the central Virginia market, enhancing the team’s ability to serve Richmond, Henrico, Glen Allen, Short Pump, Ashland, and nearby areas. With this deeper understanding of local demands, the Richmond team is ready to provide customized cabinet solutions and wholesale programs.

    Customers will now see better design consultations and swifter project coordination, in line with the company’s commitment to customer-focused services. With KCMA-certified cabinet offerings and a vast array of custom styles, colors, and finishes, the showroom aims to improve each customer interaction.

    NextDAY Cabinets delivers wholesale cabinets to builders and contractors, focusing on both affordability and quality. The company strives to offer comprehensive cabinetry solutions for Richmond and the surrounding areas. With six locations across the region, including the new showroom in Richmond, contractors, dealers and builders can conveniently explore products in person.

    The recent cabinet sales training prepared the dealer and sales team to provide solutions tailored to meet the diverse needs of its clients. For more information, potential customers are encouraged to visit the showroom’s website.

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    For more information about NextDAY Cabinets Richmond Showroom, contact the company here:

    NextDAY Cabinets Richmond Showroom
    Next DAY Cabinets Richmond
    (804) 362-7276
    richmond@nextdaycabinets.com
    3985 Deep Rock Rd Richmond VA, 23233

    The post Next Day Cabinets Hosts Training for Wholesale Cabinet Showrooms appeared first on Local News Hub.

  • WealthRabbit Eliminates Manual Retirement Plan Administration with QuickBooks, ADP, Gusto, and TaxBandits Integrations

    WealthRabbit Eliminates Manual Retirement Plan Administration with QuickBooks, ADP, Gusto, and TaxBandits Integrations

    New capabilities eliminate manual entry, allowing small businesses to automate retirement savings across leading payroll providers.

    ROCK HILL, SC / ACCESS Newswire / September 10, 2025 / Small business owners and their advisors can now offer retirement benefits without the ongoing administrative headache, thanks to new payroll integrations launched by WealthRabbit. The first fully digital retirement platform, purpose-built for financial professionals and small businesses, has connected directly with QuickBooks, ADP, Gusto, and TaxBandits to automate IRA contributions – including SIMPLE, SEP, and Individual IRAs – directly through payroll. This integration provides employers and advisors with a hands-off, error-free retirement plan experience.

    The integration eliminates the need for manual uploads, reduces processing errors, and ensures contributions are processed automatically each pay period. Once rules are set, contributions flow from payroll to WealthRabbit and into employee retirement accounts with zero ongoing administrative effort.

    “We’re solving one of the biggest pain points for small businesses: offering meaningful benefits without adding complexity to their already lean operations,” said Jason Ackerman, CFO & Co-Founder at WealthRabbit. “These integrations save time, reduce errors, and make high-quality retirement benefits accessible for any size business.”

    Key Benefits at a Glance:

    • Automated Payroll Sync: Contributions flow automatically from any payroll provider into WealthRabbit accounts each pay period – no manual intervention required

    • Error-Free Processing: Automated processing minimizes human error and prevents costly delays.

    • IRS Compliance: Ensures timely and accurate contributions that meet regulatory requirements.

    • Efficiency for Lean Teams: Cuts administrative work for small businesses, their accounting partners, and financial advisors.

    The new capabilities address a critical challenge facing small businesses: nearly 40% of private sector workers lack access to employer-sponsored retirement plans, often because administrative complexity makes these benefits too burdensome for smaller employers to manage.

    The new payroll integrations reinforce WealthRabbit’s mission to make retirement planning simple, scalable, and stress-free for business owners and their advisors.

    About WealthRabbit
    WealthRabbit is the first digital retirement platform purpose-built for small businesses and the self-employed. Founded by financial professionals, the platform offers flexible, affordable, tax-optimized plans with a modern user experience for business owners, advisors, and accountants. Learn more at www.wealthrabbit.com.

    Contact
    Jaidyn Brown, WealthRabbit
    jaidyn@spanenterprises.com

    SOURCE: WealthRabbit

    View the original press release on ACCESS Newswire

    The post WealthRabbit Eliminates Manual Retirement Plan Administration with QuickBooks, ADP, Gusto, and TaxBandits Integrations appeared first on Local News Hub.

  • The Network of Academic Corporate Relations Officers (NACRO) Unveils Strategic Blueprint for Transforming Academic Corporate Relations

    The Network of Academic Corporate Relations Officers (NACRO) Unveils Strategic Blueprint for Transforming Academic Corporate Relations

    New landmark white paper outlines key best practices to help academic institutions foster sustainable, high-impact collaborations with industry partners

    LAGRANGE, GA / ACCESS Newswire / September 10, 2025 / Successful corporate relations programs in higher education require a strategic, institution-wide approach that fosters long-term, mutually beneficial partnerships with industry, according to a newly released white paper report by the Network of Academic Corporate Relations Officers (NACRO).

    The report, CORPORATE RELATIONS REIMAGINED: How Academic Institutions Can Build Sustainable Industry Partnerships, outlines the essential elements critical for effective academic-corporate engagement, emphasizing the need for institutional support, campus coordination, integrated research development and career services collaboration.

    By refining these practices, the report asserts that universities can enhance corporate investment, drive research innovation and create meaningful career opportunities for students, ensuring a sustainable and productive relationship between academia and industry.

    NACRO, the premier organization unifying academic corporate relations professionals, has released this new white paper as an updated version of its foundational white paper, The Essential Elements of a Successful Corporate Relations Program, published in 2011. As the landscape of corporate engagement continues to evolve, this new white paper reflects the latest best practices in fostering mutually beneficial relationships between academia and industry.

    “Reimagining academic corporate relations requires more than incremental change – it demands a bold, integrated approach that reflects the complexity and potential of today’s academic-industry landscape,” said Anne Borchert, Principal & Chief Reinvention Officer, AB3 Partners and and former Associate Vice President, Corporate Relations & Strategic Projects with Case Western Reserve University. “This updated framework for an effective, holistic corporate relations program offers institutions a practical yet aspirational guide to building partnerships that are sustainable and transformative for research, talent development and regional impact.”

    In its new white paper, NACRO expands its original framework of five essential elements to include additional critical components necessary for successful corporate relations in higher education. The updated essential elements are:

    • Institutional Support*

    • Campus Coordination*

    • Integrated Research Development*

    • Holistic Corporate Investment*

    • Mutual Benefits*

    • Partnership with Career Services

    • Evaluating Corporate Relations Offices

    (*Denotes elements from the original framework.)

    Corporate partnerships have undergone a significant transformation over the past decade, shifting from traditional philanthropic relationships to strategic, multi-faceted collaborations. NACRO’s new white paper provides insights into how universities can better align with industry priorities, including workforce development, research innovation and long-term investment in academic programs.

    The white paper also addresses some of the key challenges institutions face in managing corporate relations, including:

    • Internal silos that hinder collaboration

    • Lack of clear institutional strategies for corporate engagement

    • The need for better data integration and communication across campus

    By implementing a comprehensive corporate relations strategy, the report asserts universities can increase funding opportunities and enhance student career prospects, drive research innovation and strengthen their regional economic impact.

    “In today’s fast-changing educational environment, higher education institutions must take a meaningfully proactive approach to corporate relations,” said JoonHyung Cho, NACRO Co-President and Assistant Vice President for Research and Innovation with the University of Minnesota. “Our NACRO white paper provides an updated roadmap for universities to build and sustain successful partnerships that benefit both academia, industry and local communities and regions.”

    “Strategic corporate partnerships are no longer optional – they are essential for universities seeking to drive innovation, enhance student success and create lasting economic impact,” says Joseph Huang, NACRO Co-President and Executive Director of Strategic Research Initiatives, Computer Science with Stanford University. “Through thought leadership and best practices shared by NACRO, institutions can foster holistic, mutually beneficial collaborations with industry, unlocking unprecedented opportunities for research, investment and workforce development.”

    NACRO’s updated white paper serves as a valuable resource for university leadership and administrators, corporate relations officers and industry leaders looking to enhance their engagement strategies.

    The full report is available for download here.

    About NACRO:
    NACRO (the Network of Academic Corporate Relations Officers) is the premier organization unifying academic corporate relations professionals. We transform the profession through innovative professional education programs, the dissemination of cutting-edge best practices, impactful networking opportunities, and championing thought leadership in corporate relations. Through its vibrant global community of over 550 professionals from more than 300 institutions, NACRO works to create exceptional career development opportunities for its members. Learn more: www.nacrocon.org

    Media Contact:
    Ken Berlack
    NACRO
    ken.berlack.nacro@gmail.com

    SOURCE: Network of Academic Corporate Relations Officers

    View the original press release on ACCESS Newswire

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  • EON Resources Inc. Announces $45.5 million of Funding Closed with the Simultaneous Settlement of Seller Obligations and Retirement of Senior Debt

    EON Resources Inc. Announces $45.5 million of Funding Closed with the Simultaneous Settlement of Seller Obligations and Retirement of Senior Debt

    HOUSTON, TX / ACCESS Newswire / September 10, 2025 / EON Resources Inc. (NYSE American:EONR) (“EON” or the “Company”) is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company announced the successful closing of total funding of $45.5 million yesterday, September 9, 2025, through a combination of volumetric funding instrument (“VMA”) and a farmout of the Company’s San Andres rights across its leasehold to a subsidiary of Virtus Energy Partners, LLC (“Virtus”).

    $40.5 million of the funding was provided by a private family office that invests directly in upstream energy industry projects.

    The $45.5 million funding components and sources:

    • $20.0 million of the funding was from the private family office in consideration for a 15% perpetual overriding royalty interest in existing leases and wells in the Grayburg Jackson Field (“GJF”).

    • $20.5 million of the funding was from the private family office for a 5% perpetual overriding royalty interest in the San Andres formation in wells to be drilled under the farmout program with Virtus.

    • $5.0 million of the funding was from Virtus in consideration for a farmout of the Company’s rights in the San Andres formation in which Virtus will own a 65% operated working interest and EON retains a 35% non-operated working interest. Virtus and the Company believe as many as 90 horizontal San Andres wells are prospective in the GJF. Based in Frisco Texas, Virtus is a newly formed exploration and production company with an impressive track record in the Permian Basin and many other US Basins. The primary business strategy of Virtus is to create value in under-managed conventional reservoirs by applying modern technology and techniques. Combining Virtus’ skillset with the EON assets is intended to unlock great value for all parties.

    Use of the proceeds:

    • Completion of a $20.5 million cash consideration to the seller of the GJF to the Company (“Seller”) returned to EON the 10% overriding royalty interest on the GJF valued at $13.5 million, retirement of the $20 million Seller note ($15 million principal plus accrued interest), and the issuance of 1.5 million shares of EON Class A common stock in exchange for the return to treasury of the preferred units owed by Seller with a redemption value of $27 million. Additional details are available in the Amended Seller Agreement press release on the EON website.

    • Retired senior debt of approximately $19.3 million. The payoff of the senior debt eliminated a $700,000 per month amortization payment (principal and interest) whereby the Company anticipates a monthly cash flow improvement of $400,000 to $600,000.

    • Funds raised in excess of the cash payment to the Seller, the retirement of the senior debt and any fees and closing costs will be used to pay other obligations and fund field activities including workovers within the GJF commencing in the fourth quarter of 2025.

    “This funding is a total transformation and a major clean-up of our balance sheet by eliminating the senior and Seller debt and putting to rest the complex capital structure from the closing of our original acquisition,” said Mitchell B. Trotter, CFO of EON. “The removal of these complexities and reduction of the monthly payments allows us to focus on our original goal, the enhancement and exploitation of our asset base to grow the Company.”

    “This was a total team effort that almost nobody believed we could do,” said Dante Caravaggio, President and CEO of EON. “We put together the pieces of the puzzle by raising the money with the sale of overriding royalty interests and farming out our San Andres rights to a proven operator with extensive horizontal San Andres development experience. We are grateful to our investors, as well as to our industry and financial consultants, Virtus, Enstream Capital, EA Energy, Roth Capital Partners, Jack Holmes and Jarrett Hasson; all of whom had a hand in achieving this immense success for our shareholders. These transactions netted approximately $40 million in shareholder value.”

    “The unsung heroes are the behind the scene lawyers and accountants,” continued Mr. Caravaggio. “The legal teams sorted out hundreds of pages across dozens of documents. The legal team for Virtus and their sponsor as well as for the family office were excellent to work with. I want to give a special thanks to the EON legal team of David, Matt and Alex.”

    • David M. Smith: David is the General Counsel for EON. He is a licensed attorney in Texas with 40+ years of experience in the legal field of oil and gas exploration and production, manufacturing, purchase and sale agreements, exploration agreements, land and leaseholds, right of ways, pipelines, surface use, joint operating agreements, joint interest agreements, participation agreements and operations as well as transactional and litigation experience in oil and gas, real estate, bankruptcy and commercial industries.

    • Matthew L. Ogurick: Matt is a partner in Pryor Cashman’s Corporate Group, and has been involved in EON’s growth and development from the beginning. Pryor Cashman is a full service award-winning midsize law firm headquartered in New York City with over 200 attorneys across three offices including Miami and Los Angeles. The firm serves a diverse client base that spans around the globe.

    • Alexander Kuiper: Alex is the Managing Partner of the Kuiper Law Firm, PLLC, a full-service practice with recognized expertise in energy, real estate, and business law. Alex, a Board-Certified specialist in Oil, Gas & Mineral Law, who provides strategic guidance to clients navigating complex transactions served as legal counsel in connection with the funding.

    About EON Resources Inc.

    EON is an independent upstream energy company focused on maximizing total returns to its shareholders through the development of onshore oil and natural gas properties in a diversified portfolio of long-life producing oil and natural gas properties and other energy holdings. EON’s approach is to build an energy company through acquisition and through selective development of its properties. Class A Common Stock of EON trades on the NYSE American Stock Exchange under the symbol of “EONR” and the Company’s public warrants trade under the symbol of “EONRWS”. For more information on the Company, please visit the EON website.

    About the Grayburg-Jackson Field Property

    Our Grayburg-Jackson Field (“GJF”) is primarily a waterflood property located on the Northwest Shelf of the Permian Basin in Eddy County, New Mexico. The GJF comprises of 13,700 contiguous leasehold acres with 342 producing wells, 207 injection wells and 1 water source well for a total of 550 wells. Leasehold rights include the Seven Rivers, Queen, Grayburg and San Andres intervals that range from as shallow as 1,500 feet to 4,000 feet in depth. The December 2024 reserve report from our third-party engineer, Haas and Cobb Petroleum Consultants, LLC, estimates proven reserves of approximately 14.0 million barrels of oil and 2.8 billion cubic feet of natural gas. The mapped original-oil-in-place (“OOIP”) is approximately 956 million barrels of oil. Primary production is currently from the Seven Rivers formation. In addition to proven reserves, the Company believes it may access an additional 34 million barrels of oil by adding perforations in the Grayburg and San Andres formations, plus another 40 million barrels from a horizontal drilling program in the San Andres. More information on the property can be located on the Grayburg-Jackson Field page of our website.

    About the South Justis Field Property

    The South Justis Field (“SJF”) is a carbonate reservoir similar to the rest of the Permian, and is located in Lea County, New Mexico approximately 100 miles from the GJF. The SJF is comprised of 5,360 contiguous acres containing 208 total producing and injection wells with well spacing of 50 acres. The producing formations include the Glorietta, Blinebry, Tubb, Drinkard and Fusselman intervals that range from 5,000 feet to 7,000 feet in depth. The original-oil-in-place (“OOIP”) is approximately 207 million barrels of oil. More information on the property can be located on the South Justis Field page of our website.

    Forward-Looking Statements

    This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties that could cause actual results to differ materially from what is expected. Words such as “expects,” “believes,” “anticipates,” “intends,” “estimates,” “seeks,” “may,” “might,” “plan,” “possible,” “should” and variations and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements relate to future events or future results, based on currently available information and reflect the Company’s management’s current beliefs. A number of factors could cause actual events or results to differ materially from the events and results discussed in the forward-looking statements. Important factors – including the availability of funds, the results of financing efforts and the risks relating to our business – that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on EDGAR (see www.edgar-online.com) and with the Securities and Exchange Commission (see www.sec.gov). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except as expressly required by applicable securities law, the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

    Investor Relations

    Michael J. Porter, President

    PORTER, LEVAY & ROSE, INC.

    mike@plrinvest.com

    SOURCE: EON Resources Inc.

    View the original press release on ACCESS Newswire

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  • Pacific Avenue Capital Partners Advances European Strategy with Team Expansion and Dedicated Sidecar Vehicle

    Pacific Avenue Capital Partners Advances European Strategy with Team Expansion and Dedicated Sidecar Vehicle

    PARIS, FR / ACCESS Newswire / September 10, 2025 / Pacific Avenue Capital Partners (“Pacific Avenue”), a global private equity firm specializing in corporate carve-outs and complex transactions, today announced key milestones in its European expansion. Less than a year after opening its Paris office and appointing Xavier Lambert as Head of Europe, the firm has built a high-caliber team with full execution capabilities. It has also expanded its presence across the region and raised a dedicated sidecar vehicle to support investments in new platforms throughout Europe.

    Since Mr. Lambert’s arrival in late 2024, Pacific Avenue has added seven professionals in Europe across M&A, business development, operations, and administration. In addition to its Paris office, the firm now has team members in London and Zurich, enhancing its ability to source and support transactions across the continent. The team’s diverse experience positions the firm to navigate complexity and drive value across a broad range of European opportunities.

    Among the recent additions are three professionals who bring deep functional expertise and strengthen Pacific Avenue’s capabilities in key European markets.

    Damien Faujour joins Pacific Avenue as a Vice President based in Paris, where he focuses on deal sourcing, execution, and portfolio operations. He was previously a Vice President at OpenGate Capital and began his career in restructuring and leveraged finance at Houlihan Lokey.

    Sebastian Reinecke joins Pacific Avenue as a Vice President of Operations based in Zurich. He was previously an Associate Director of Corporate Development, M&A, Strategy & Transformation at Solenis.

    Pierre Chapuis joins Pacific Avenue as a Vice President of Business Development based in London, where he is focused on origination efforts across Europe. He was previously a Vice President at Mimir Invest, where he worked on sourcing complex investment opportunities, with an emphasis on corporate carve-outs.

    Additionally, the team is supported by an Associate, Nicola del Dot, and Analyst, Patrick Clair, focused on M&A, as well as an office manager, Stephanie Cayla. The European team brings a strong set of sourcing, execution, and operational capabilities to Pacific Avenue’s growing European platform.

    “I am proud of the exceptional team we have built in Europe in such a short period of time. With the collective expertise across Europe and North America, alongside the dedicated capital to deploy in Europe, our focus is on being the preferred solution for corporate sellers and management teams across the region, unlocking value, and driving sustainable growth.”

    – Xavier Lambert, Head of Europe, Pacific Avenue Capital Partners

    The firm’s growth in Europe is further underscored by the successful raise of a European sidecar vehicle alongside its recently closed second institutional fund. On August 12, 2025, Pacific Avenue announced the closing of over $1.65 billion in committed capital across Fund II and a European sidecar dedicated to pursuing new platform investment opportunities across the continent.

    “Our expansion in Europe marks a pivotal step in our evolution as a global leader in complex transactions and corporate carve-outs. In under a year, we have built a highly experienced team and laid the groundwork to build a successful franchise in Europe. The strength and depth of our European platform enables us to execute with speed and certainty, reinforcing our position as the go-to partner for corporate carve-outs worldwide.”

    – Chris Sznewajs, Founder and Managing Partner, Pacific Avenue Capital Partners

    With a fully staffed team, growing market presence, and dedicated capital, Pacific Avenue is now firmly positioned to continue to build on its momentum as it executes its strategy of transforming businesses and being a solution provider to sellers globally.

    About Pacific Avenue Capital Partners

    Pacific Avenue Capital Partners is a global private equity firm, headquartered in Los Angeles with an office in Paris, France. The Firm is focused on corporate divestitures and other complex situations in the middle market. Pacific Avenue has extensive M&A and operations experience, allowing the Firm to navigate complex transactions and unlock value through operational improvement, capital investment, and accelerated growth. Pacific Avenue takes a collaborative approach in partnering with strong management teams to drive lasting and strategic change while assisting businesses in reaching their full potential. Pacific Avenue has approximately $3.8 billion of Assets Under Management (AUM) as of August 31, 2025 (based on Q2 2025 valuations presented pro forma for the Fund II and sidecar closings). The members of the Pacific Avenue team have closed over 120 transactions, including over 50 corporate divestitures, across a multitude of industries throughout their combined careers. For more information, please visit www.pacificavenuecapital.com.

    CONTACT:

    Chris Baddon
    Principal
    cbaddon@pacificavenuecapital.com

    SOURCE: Pacific Avenue Capital Partners

    View the original press release on ACCESS Newswire

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  • SMX Creates the Immutable Proof System Where Verification Pays Cash Dividends (NASDAQ:SMX)

    SMX Creates the Immutable Proof System Where Verification Pays Cash Dividends (NASDAQ:SMX)

    NEW YORK, NY / ACCESS Newswire / September 10, 2025 / The history of economic growth is often told through waves of efficiency. The steam engine extracted more work from coal, electrification powered entire industries, and the microchip condensed computation into silicon. Each of these shifts delivered not just incremental improvement but an economy-wide dividend, where productivity gains fueled investment, competitiveness, and prosperity. Today, a new kind of efficiency is emerging, one rooted not in how fast we can consume but in how effectively we can reuse. It is the age of material efficiency, and SMX (NASDAQ:SMX) is uniquely positioned and able to deliver it.

    Material efficiency is more than recycling. It is the ability of countries and companies to recover value from the goods they already use, to prove the authenticity and recycled content of those goods, and to loop them back into the economy with confidence. That capability is not a fringe environmental issue.

    It is becoming a macroeconomic driver that delivers cost savings, supply chain resilience, and investor favor. At a time when resource volatility and geopolitical uncertainty increasingly set the terms of trade, material efficiency represents a productivity revolution as profound as energy or data efficiency.

    Turning Materials Into Data

    SMX promotes this new era by turning materials into data. Its patented molecular markers are embedded directly into plastics, metals, textiles, and natural rubber, giving every item a scannable, tamper-resistant identity tied to a verified digital passport. That link follows goods from origin through use, recycling, and chemical transformation, proving recycled content, authenticity, and chain of custody in real time. The result is enforceable compliance, anti-counterfeiting, and true material efficiency that converts sustainability from promise to measurable value. For companies that adopt it, SMX’s platform creates the most valuable form of proof: proof that their supply chains are both sustainable and secure.

    That promise has now moved from concept to infrastructure. In collaboration with Singapore’s national research powerhouse A*STAR, SMX has enabled the world’s first country-backed plastics passport program. This is not a pilot or a corporate initiative confined to a single product line. It is national policy that embeds molecular markers into plastics at the point of production, creating a verifiable passport that accompanies each material through its entire lifecycle. That is made even more powerful by SMX’s Plastic Cycle Token (PCT), a tradable instrument monetizing verified recycled inputs seamlessly across global markets. With Singapore leading the charge, the world is witnessing how material efficiency can be operationalized at scale, and how a nation can leverage it into a first-mover advantage.

    The dividend is clear. For companies, being able to prove recycled content and chain of custody creates a compliance premium. Instead of treating regulation as a cost, proof becomes a tradable asset that protects brand equity, unlocks market access, and attracts ESG-oriented capital. For countries, the ability to reduce waste, lower import dependency, and strengthen domestic resource loops creates a resilience dividend. Every ton of plastic that is recovered and reused is one less ton imported, taxed, or lost to incineration. For investors, material efficiency signals an entirely new category of value creation, one that echoes the early days of carbon markets but with far more tangible proof and economic impact.

    A Plastics Passport Blueprint

    The Singapore model matters not just for its own borders but for what it represents regionally and globally. ASEAN alone generates a plastics market worth more than S$4.2 billion annually, much of it underserved by current recycling frameworks. By demonstrating a system that works, Singapore is providing a playbook for replication across the region and beyond. The architecture is not another set of voluntary pledges but a verified reporting system underpinned by SMX’s molecular technology. That makes it credible, scalable, and investable.

    Material efficiency is not charity. It is productivity. Just as energy efficiency lowered costs for manufacturers and data efficiency unleashed the digital economy, material efficiency is poised to reshape the competitiveness of companies and countries. Those that can prove what they recover and reuse will enjoy lower costs, stronger supply resilience, and preferential access to capital. Those who cannot will fall behind. That is the nature of dividends: they reward those who position themselves early and compound over time.

    SMX has positioned itself as both the enabler and the architect of this shift. By embedding proof at the molecular level, it is providing the rails on which entire markets can run. Singapore has provided the first national case study of what that looks like in practice. Together, they are demonstrating that material efficiency is not an aspiration but a system that delivers measurable dividends.

    The lesson is simple but profound. Material efficiency is not about doing less. It is about getting more from what we already have. That shift redefines the growth equation for companies, investors, and, yes, nations. Singapore may be the first to prove it, but with SMX’s technology, it will not be the last. Those who understand the dividend will seize the advantage. Those who do not will be left paying the cost.

    References

    • Singapore Statutes Online. Environmental Public Health (Public Cleansing) Regulations – Incineration gate-fee schedule; revised 2024.

    • National Environment Agency (NEA). “New Licensing Regime for General Waste Disposal Facilities.” Technical brief & dialogue-session slides; 2024.

    • Nasdaq.com. “SMX Announces Planned Launch of World’s First Plastic Cycle Token.” Press release; 2024.

    • Yahoo! Finance. “SMX Plastic Cycle Token Is a Functional Market-Driven Solution…” News article; 2024.

    • National Environment Agency (NEA). Mandatory Packaging Reporting portal. Accessed 5 August 2025.

    • Los Angeles Tribune. “Carbon Credits Had Their Day… Now the SMX Plastic Cycle Token…” Feature article; 2025.

    • National Environment Agency (NEA). Refuse Collection Fees for Households. Revised 2024; accessed 5 August 2025.

    • National Environment Agency (NEA). Waste & Recycling Statistics 2014 – 2023. Singapore: NEA; 2024.

    • Shunpoly.com. “How Much Plastic Is Wasted Each Year in Singapore?” Accessed 5 August 2025.

    • National Environment Agency (NEA). Waste-Statistics & Overall Recycling (interactive dashboard). Updated 2024; accessed 5 August 2025.

    About SMX

    As global businesses face new and complex challenges relating to carbon neutrality and meeting new governmental and regional regulations and standards, SMX is able to offer players along the value chain access to its marking, tracking, measuring and digital platform technology to transition more successfully to a low-carbon economy.

    Forward-Looking Statements

    The information in this press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intends,” “may,” “will,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, for example: matters relating to the Company’s fight against abusive and possibly illegal trading tactics against the Company’s stock; successful launch and implementation of SMX’s joint projects with manufacturers and other supply chain participants of gold, steel, rubber and other materials; changes in SMX’s strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; SMX’s ability to develop and launch new products and services, including its planned Plastic Cycle Token; SMX’s ability to successfully and efficiently integrate future expansion plans and opportunities; SMX’s ability to grow its business in a cost-effective manner; SMX’s product development timeline and estimated research and development costs; the implementation, market acceptance and success of SMX’s business model; developments and projections relating to SMX’s competitors and industry; and SMX’s approach and goals with respect to technology. These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing views as of any subsequent date, and no obligation is undertaken to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: the ability to maintain the listing of the Company’s shares on Nasdaq; changes in applicable laws or regulations; any lingering effects of the COVID-19 pandemic on SMX’s business; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; the risk of downturns and the possibility of rapid change in the highly competitive industry in which SMX operates; the risk that SMX and its current and future collaborators are unable to successfully develop and commercialize SMX’s products or services, or experience significant delays in doing so; the risk that the Company may never achieve or sustain profitability; the risk that the Company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the Company experiences difficulties in managing its growth and expanding operations; the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations; the risk that SMX is unable to secure or protect its intellectual property; the possibility that SMX may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described in SMX’s filings from time to time with the Securities and Exchange Commission.

    EMAIL: info@securitymattersltd.com

    SOURCE: SMX (Security Matters) Public Limited

    View the original press release on ACCESS Newswire

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  • Monkey Island LNG Signs Major MOU For LNG Offtake With an International Oil Company (IOC); Advancing $Billions – U.S. Gulf Coast LNG Project

    Monkey Island LNG Signs Major MOU For LNG Offtake With an International Oil Company (IOC); Advancing $Billions – U.S. Gulf Coast LNG Project

    HOUSTON, TX / ACCESS Newswire / September 10, 2025 / Monkey Island LNG (“MILNG”) announced today the execution of a Memorandum of Understanding (MOU) with an investment-grade International Oil Company (IOC) for the offtake of up to 5.20 million tonnes per annum (MTPA) of liquefied natural gas (LNG). MILNG is developing a 26 MTPA LNG export facility in two phases, with Phase 1 targeting 15.6 MTPA across three trains. This offtake agreement represents the output of MILNG’s entire first LNG train in Phase 1.

    While the IOC’s name remains confidential at this stage, the MOU demonstrates a growing commercial demand for MILNG’s TrueCost LNG model featuring a transparent, cost-efficient framework that aligns incentives from gas supplier to LNG buyer.

    “Partnering with a company of this caliber highlights the depth of industry confidence in MILNG’s next-generation development strategy. This agreement is an unprecedented milestone,” said Greg Michaels, CEO of MILNG. “Securing an MOU for up to 5.20 MTPA with an investment-grade counterparty not only validates our commercial model but also provides critical momentum as we move toward regulatory approvals and Final Investment Decision (FID). When converted into a Sales and Purchase Agreement, the total revenue of this deal would likely exceed $35 billion.”

    The MOU reinforces MILNG’s commercial strategy of building long-term, creditworthy offtake partnerships that support financing and development of its 15.6 MTPA Phase 1 of the project. The agreement also aligns with a broader trend of buyers seeking contract transparency and operational reliability in a dynamic global LNG market. MILNG continues to advance commercial and engineering milestones across the project and is in active discussions with additional offtakers for remaining volumes on Phase 1.

    Michaels added, “With regulatory advancements underway, engineering contracts awarded, a long-term supply agreement secured, and now a major offtake agreement, MILNG has positioned itself as a next-generation leader in the global LNG marketplace. With the strong market validation on our differentiated development model, we look forward to playing a key role in the next wave of U.S. LNG exports.”

    Key Highlights

    • Up to 5.20 MTPA of LNG offtake secured

    • Agreement covers output of MILNG’s first liquefaction train

    • Total potential revenues exceeds $35 billion when converted to an SPA

    • Signals strong market demand for MILNG’s TrueCost LNG model

    • Supports progress toward regulatory milestones and FID

    About Monkey Island LNG

    Monkey Island LNG (“MILNG”) is a private company addressing the global energy crisis and growing demand for LNG through the development of critically needed U.S. natural gas infrastructure. Its flagship project, located on Monkey Island in Cameron Parish, Louisiana, sits just 2 miles inland from the Gulf of Mexico near abundant gas supply and features a proven and stable liquefaction technology of COP, an innovative commercial structure, and a low-cost construction plan leveraging an industry-proven EPC contractor McDermott. For more information, go to www.monkeyislandlng.com.

    Press Contacts

    For Monkey Island LNG:

    Greg Michaels, CEO, Monkey Island LNG
    Greg.m@mkyisland.com
    949-636-5900

    Forward-Looking Statement

    This communication contains forward-looking statements within the meaning of applicable securities laws. All statements, other than statements of historical fact, are forward-looking statements and involve risks, uncertainties, and assumptions. These include, without limitation, statements regarding the expected scope, design, and timing of the Monkey Island LNG project; the execution, terms, and timing of definitive agreements; anticipated commercial progress; and other future events or developments.

    Although Monkey Island LNG (“MILNG”) believes the expectations expressed in such forward-looking statements are reasonable, there can be no assurance that they will prove correct. Forward-looking statements are based on current assumptions and are subject to a number of risks and uncertainties, many of which are beyond our control. These risks include, but are not limited to: changes in market conditions, credit and capital markets, and industry norms; failure to successfully execute or complete contracts; changes in project scope, design, or schedules; availability of qualified personnel and resources; contract modifications, cancellations, or disputes; and other factors that could cause actual results to differ materially from those expressed or implied.

    Forward-looking statements speak only as of the date of this communication. MILNG undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date hereof, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements.

    SOURCE: Monkey Island LNG

    View the original press release on ACCESS Newswire

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