ORLANDO, FLORIDA / ACCESS Newswire / August 19, 2025 / RedChip Companies, an international investor relations, media, and research firm focused on microcap and small-cap companies, will host an exclusive live investor webinar with Lantern Pharma Inc. (NASDAQ:LTRN) on August 26, 2025, at 4:15 p.m. ET.
The webinar will showcase how Lantern is redefining the future of cancer drug discovery and development through its proprietary AI and machine learning platform, RADR®, which analyzes more than 200 billion oncology data points and leverages 200+ advanced ML algorithms to compress early drug development timelines by up to 70% and reduce costs by 80%.
During the webinar, Panna Sharma, CEO of Lantern Pharma, will spotlight the company’s advancing clinical pipeline, including:
LP-300: Phase 2 Harmonic™ trial in never-smokers with NSCLC, a $4B+ global market with urgent unmet need.
LP-184: A Phase 1 “blockbuster potential” therapy for DDR-deficient solid tumors, addressing a $10B+ market.
LP-284: A first-in-class drug candidate for aggressive lymphomas, including mantle cell lymphoma and high-grade B-cell lymphoma, with $3.75-4B market potential.
With 11 FDA designations, an expanding ADC program, collaborations with world-class cancer centers (including Johns Hopkins and MD Anderson), and a growing patent estate of 100+ issued and pending patents, Lantern is emerging as a leading global AI drug discovery company.
A live Q&A session with management will follow the presentation.
Questions can be pre-submitted to LTRN@redchip.com or online during the live event.
About Lantern Pharma
Lantern Pharma (NASDAQ:LTRN) is an AI company transforming the cost, pace, and timeline of oncology drug discovery and development. Our proprietary AI and machine learning (ML) platform, RADR®, leverages over 200 billion oncology-focused data points and a library of 200+ advanced ML algorithms to help solve billion-dollar, real-world problems in oncology drug development. By harnessing the power of AI and with input from world-class scientific advisors and collaborators, we have accelerated the development of our growing pipeline of drug candidates that span multiple cancer indications, including both solid tumors and blood cancers and an antibody-drug conjugate (ADC) program. On average, our newly developed drug programs have been advanced from initial AI insights to first-in-human clinical trials in 2-3 years and at approximately $1.0 – 2.5 million per program.
About RedChip Companies
RedChip Companies, an Inc. 5000 company, is an international investor relations, media, and research firm focused on microcap and small-cap companies. For 33 years, RedChip has delivered concrete, measurable results for its clients. Our newsletter, Small Stocks, Big Money™, is delivered online weekly to 60,000 investors. RedChip has developed the most comprehensive service platform in the industry for microcap and small-cap companies. These services include the following: a worldwide distribution network for its stock research; retail and institutional roadshows in major U.S. cities; outbound marketing to stock brokers, RIAs, institutions, and family offices; a digital media investor relations platform that has generated millions of unique investor views; investor webinars and group calls; a television show, Small Stocks, Big Money™, which airs weekly on Bloomberg US; TV commercials in local and national markets; corporate and product videos; website design; and traditional investor relation services, which include press release writing, development of investor presentations, quarterly conference call script writing, strategic consulting, capital raising, and more. RedChip also offers RedChat™, a proprietary AI-powered chatbot that analyzes SEC filings and corporate disclosures for all Nasdaq and NYSE-listed companies, giving investors instant, on-demand insights.
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SAN BERNARDINO, CA / ACCESS Newswire / August 19, 2025 / Dateline Resources Limited (ASX:DTR)(OTCQB:DTREF) (Dateline or the Company), a North American-focused mining and exploration company, is pleased to announce that the integration of a recently completed 3D magneto-telluric (MT) geophysical survey with detailed gravity data has led to the identification of six new high-priority breccia pipe targets at the 100%-owned Colosseum Gold-Rare Earth Element (REE) Project in California.
These targets exhibit the same coincident geophysical anomalies, gravity (density) lows and resistivity lows, observed in the known gold-bearing breccia pipes at Colosseum, significantly expanding the project’s exploration potential and opportunity to grow the existing Mineral Resource Estimate (MRE).
Highlights
Multiple New Targets: Six newly delineated geophysical anomalies share the same signature, coincident gravity-low and low-resistivity, as the breccia pipes hosting the existing 1.1-million-ounce gold mineral resource. This indicates the potential for new gold-bearing breccia pipe structures outside previously drilled or mined areas.
Proven Target Signature: The two known Colosseum breccia pipes are defined by a confluence of key geophysical markers: gravity (density) low and MT resistivity low anomalies. The six new targets exhibit this identical geophysical signature, reinforcing their prospectivity.
1.4-Million Ounces of Gold: Over 1.4Moz of gold has been defined in the two known breccia pipes to ~250 metres depth, comprising a 1.1Moz JORC 2012-compliant mineral resource and ~344koz historically produced.
Large-Scale Anomalies: Four of the six new anomalies are comparable in scale or larger than those associated with the known breccia pipes that host the current MRE, highlighting exploration upside.
Depth Potential: 3D MT results indicate the known breccia pipe structures extend to at least ~300 metres below prior drilling, suggesting the defined gold system may continue well beyond the existing mineral resource shell.
Next Steps – Geochemistry and Drilling: The parallel 3D inversion using the open-source ModEM software and the final geochemistry results will be incorporated into drill planning, with breccia pipe targets to be systematically tested in parallel with ongoing REE exploration activities.
Dateline’s Managing Director, Stephen Baghdadi, commented:
“The MT survey has correlated strongly with the existing 1.1Moz Mineral Resource Estimate, building on the systematic work of recent months. In June, we re-examined the 2023 gravity data alongside new geochemical results from felsite outcrops, confirming that the breccia pipes sit within gravity lows and that felsite dykes carrying gold-pathfinder elements are also coincident with gravity lows on the western margin of the pits.
“This convergence of geochemistry, gravity and MT resistivity data has given us confidence in six new priority targets within 1.5km of the Colosseum mineral resource, four of which are comparable in size or larger than the signatures of the known pipes that have already yielded over 1.4Moz from just the top 250m. The MT model also shows that the known pipes extend at least another 300m below current drilling, reinforcing our view that Colosseum may represent a much larger mineralized system than previously recognized.
“With two drill rigs already on site, we will commence systematic testing of the new targets from September, drilling the highest-priority anomalies while also extending the known pipes at depth. This dual focus positions us to continue growing the gold endowment at Colosseum while advancing our rare earth exploration in parallel. The integration of multiple datasets has both confirmed the robustness of the existing mineral resource and significantly expanded the scale of the opportunity ahead.”
MT Survey Correlates with Known Gold Mineral Resources
A key measure of the MT survey’s effectiveness for gold exploration at Colosseum is whether the existing gold resources produce a discernible geophysical anomaly. A 3D MT inversion model cross-section through the current Mineral Resource demonstrates a strong correlation between low-resistivity anomalies and the mineralized breccia pipes. The geometry of the known pipes closely aligns with both this MT resistivity response and an associated gravity low (low-density zone) evident in the cross-section, confirming the expected breccia pipe geophysical signature. Importantly, the MT inversion also shows that the known breccia pipes remain open at depth for at least an additional ~300 metres below the deepest historical drilling.
Figure 1: 3D resistivity model overlain with the current MRE block model and proposed pit outlines along cross section D-D’ (refer Figure 2). The low resistivity anomalies (purple) show excellent correlation with the known mineral resources.
Six New Gold Targets Defined Within 1.5km of Existing MRE
In June, the Company announced the results of re-examining the gravity survey data from Colosseum, with a potential cluster of breccia pipes identified. The Company’s geophysical consultants completed the 3D MT inversion and then integrated (layered) the results with the gravity and mapping datasets to produce a revised updated set of gold targets for Colosseum.
Six high priority breccia pipe targets have been identified. Four of the six gold targets have dimensions that are comparable or larger in area than the response to the existing mineral resource. Each of the target areas is described in more detail below.
Figure 2: Depth slice at 200m below topography through the 3D density model (left) and resistivity model (right). The new priority targets are labelled 1 to 6 and the positions of the cross sections are also shown.
In Figure 2, lower density (dark blue) and low resistivity (purple) areas are interpreted to identify alluvial fill, alteration, and brecciation of host lithologies. Higher density (red) and high resistivity (blue-white) areas are interpreted to be Early Proterozoic granites possibly including fenitisation and/or carbonatite.
The black triangles denote the new target areas based on this data. The location designated is at the centre of a more extensive geophysical response suggesting considerable extent to the targets. The data also suggests the known mineralization may extend to the northeast. Black outlines are the pit boundaries and black lines are section locations.
Consistent Signature Validates Exploration Model
This consistency in geophysical response between the known and new targets boosts confidence that the anomalies represent the same style of mineralization as the existing Colosseum breccia pipes. While drilling will ultimately determine the nature of each anomaly, the alignment of the key indicators, gravity/density lows and resistivity lows, means the new targets are considered geologically analogous to the proven orebodies. This association obviously increases the probability of exploration success. The Company is encouraged that its work is translating directly into high-quality targets with strong potential to add to the project’s gold inventory.
Figure 3: Top cross section shows a gravity low anomaly that correlates with the 1.4Moz Au (1.1Moz MRE & 344koz Au produced) within the upper 250m vertically. The bottom cross section shows the resistivity low anomaly from the MT survey. Both sections indicate potential for at least 300m vertically below the mineral resource model.
Breccia Pipes Extend to Greater Depths
The MT resistivity inversion also reveals that the low-resistivity anomalies associated with the North and South breccia pipes persist to at least ~300 metres below the deepest historical drilling and mining (~250 m depth). This finding is particularly significant given the scale of the known Colosseum gold system: roughly 1.4 million ounces of gold have been defined within the upper ~250m of these two breccia pipes.
By demonstrating that the breccia pipes likely continue for hundreds of metres past the extent of current drilling, the geophysical data highlight a substantial opportunity for additional gold mineralization below the defined mineral resource. If the grade profile and breccia architecture persist with depth, even a modest vertical extension of the known pipes could translate into a major increase in contained ounces. This depth potential adds a new dimension of upside at Colosseum, beyond the discovery of the new breccia pipe targets.
New Target Descriptions
Following is a summary of the six newly defined gold targets at Colosseum. Further supporting images are presented in Appendix 1.
Target 1: Approximately 250 m by 250 m in area (800 feet by 800 feet), Target 1 is located west of the South Pit. The target area is characterized by a coincident gravity low and low-resistivity anomaly and the geology in this area is interpreted to be dominated by felsite intrusive rocks.
Targets 2 and 3: Located directly to the east of the North Pit, Targets 2 and 3 cover a combined area of roughly 400 m by 300 m (1,300 feet by 1,000 feet). They appear as distinct gravity low anomalies that occur over a shared zone of extremely low resistivity, possibly indicating the two targets are connected at depth. The MT resistivity response associated with Targets 2 and 3 is the most pronounced (lowest resistivity) recorded in the survey area.
Figure 4: Cross section through Targets 1, 2 and 3 showing the gravity low (blue) anomaly in the upper image and the resistivity low (purple) anomaly in the lower image. The existing MRE is also shown with its corresponding gravity/ MT coincident anomalies.
Target 4: An elongate, northwest-aligned anomaly (~400 m by 300 m) south of the South Pit. Target 4 exhibits a coincident gravity low and low-resistivity signature that is strongest near surface, though its geophysical expression extends to only around ~200 m depth. This could represent a shallower breccia pipe-style target that may be easier to explore and potentially mine.
Target 5: One of the largest target areas, Target 5 spans roughly 500 m by 300 m (1,650 feet by 1,000 feet). It is marked by the most extensive low-resistivity anomaly identified in the survey, continuing to the maximum modelled depth of ~900 m (3,000 feet) vertically. This deep conductive zone is accompanied by a broad gravity low anomaly, reinforcing Target 5 as a compelling drill target with significant vertical extent.
Figure 5: Cross section through Targets 4 and 5, showing distinct low gravity anomalies in the upper image and a large low resistivity anomaly in the lower image.
The extent of the depth extent of Target 5 can be seen in Figure 6, which shows a 3D representation of the anomaly along with the B-B’ section line shown in Figure 2.
Figure 6: 3D view of the resistivity anomalies draped over the topography of the area, with Target 5 shown as a large resistivity anomaly of significant depth extent.
Target 6: The final target is a distinct “bullseye” anomaly about 300 m by 300 m (1,000 feet by 1,000 feet) in size, with a coincident gravity low at surface and an underlying MT anomaly (low resistivity). Both the gravity and resistivity anomalies for Target 6 show excellent continuity to ~700 m (2,300 feet) depth, indicating considerable vertical potential, as can be seen in Figure 7.
Figure 7: Cross section through Target 6, showing distinct gravity low anomaly in the upper image and a large resistivity low anomaly in the lower image.
Next Steps: Drill Program Expansion
Dateline is incorporating the breccia pipe targets into its exploration plans. The upcoming drilling program for Colosseum, which was initially being designed to test high-priority REE anomalies, is now being expanded to also include dedicated gold-focused drillholes. Priority drill targets will include several of the largest new breccia pipe anomalies identified by the MT/gravity integration, as well as depth extension holes into the known pipes to probe the continuation of high-grade mineralization below current workings. A parallel 3D inversion model using the open-source ModEM software is expected in the next two weeks and will also be built into the overall targeting model.
The drill program details (including target prioritization, number of holes, and anticipated depths) are being finalized. By running the gold and rare earth exploration efforts in parallel, the Company aims to unlock the dual potential of the Colosseum Project in a co-ordinated manner. Further updates on commencement of drilling and any additional results (such as pending geochemical analyses) will be provided in due course.
Dateline remains confident that this systematic, data-driven exploration approach will continue to yield positive results and create value at Colosseum.
About Dateline Resources Limited
Dateline Resources Limited (ASX:DTR)(OTCQB:DTREF) is an Australian publicly listed company focused on high-value mining and exploration in North America. Its flagship Colosseum Gold-REE Project in California’s Walker Lane Trend combines a proven gold resource with emerging rare earth potential, positioning Dateline as a leader in critical minerals and precious metals.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of applicable securities laws. These statements relate to future events or performance, including the potential of the Colosseum Project, the benefits of U.S. government support, the company’s plans for future development, and the strategic importance of the project for U.S. critical minerals supply. Forward-looking statements are based on current expectations, estimates, and projections and are subject to risks and uncertainties that could cause actual results to differ materially. These risks include fluctuations in gold and rare earth element prices, changes in regulatory or permitting processes, geological or technical challenges, market conditions affecting capital raising, environmental or social factors, and risks related to securing government funding. Dateline Resources cautions readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The company undertakes no obligation to update or revise these statements, except as required by law.
HOUSTON, TX / ACCESS Newswire / August 19, 2025 / EON Resources Inc. (NYSE American:EONR) (“EON” or the “Company”) is independent upstream energy company with 20,000 leasehold acres comprised of two fields in the Permian Basin in southeast New Mexico. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company reports revenue and earnings for the second quarter of 2025.
Positioned to Retire Senior Debt and Seller Settlement: Favorable funding arrangements expected to close in September creating $40 million in shareholder value.
The Company entered into an agreement (as amended, the “Seller Agreement”) with Pogo Royalty, LLC (“Seller”), which, when closed, will result in: (i) the restructure of the Company’s balance sheet, eliminating approximately $40 million in debt and obligations, and (ii) the purchase of a 10% Overriding Royalty Interest in all of the Company’s oil and gas properties in the Grayburg-Jackson Field. The closing is expected to occur in September 2025 and consideration to Seller is agreed to be $20.5 million in cash and the issuance of 1.5 million shares of the Company’s Class A common stock. The summary of the Agreement with Seller can be found in the Press Release on the Seller Agreement as Amended on the Company’s website.
EON signed an expanded non-binding Letter of Intent (“LOI”) with Enstream Capital Management, LLC (“Enstream”) concerning a volumetric funding arrangement (“VMA”) and revenue sharing for $52.8 million. EON expects to use the funds for the consideration to Seller under the Seller Agreement, as well as for field development and retirement of senior debt. A summary of the Enstream LOI Press Release is available on the Company’s website. We expect to close this transaction in September 2025.
Advancing Horizontal Drilling Program: EON expects to drill up to 90 wells over a three to four year program potentially increasing reserves by up to $100 million in value.
As announced in its Horizontal Drilling Program Press Release, the Company conducted a study for horizontal drilling in the lower intervals of the San Andres formation on the Company’s Grayburg-Jackson Field (“GJF”) which could yield up to 20 million untapped barrels of oil. The study has identified 50 well locations to be drilled over several years, commencing in Q1 of 2026. Each well will cost approximately $3.7 million to drill and is expected to produce 300 to 400 barrels of oil per day (“BOPD”). The Company is actively in discussions with potential drilling partners to share in the working interest ownership, costs and related revenue.
Acquired South Justis Field in June: Adds over 100 BOPD with potential of an additional 250 BOPD over the next year.
On June 20, 2025, EON acquired the South Justis Field (“SJF”) for 1.0 million Class A common shares of the Company without any cash consideration or debt. The Company will have a 94% working interest in the SJF. With the estimated $1.2 million in net annual cash flow, the transaction is expected to be accretive. The SJF comprises 5,360 contiguous acres with 208 combined producing and injection wells with well spacing of 50 acres. The field is located in the Central Basin of the prolific Permian Basin in Lea County, New Mexico. The producing formations include the Glorietta, Blinebry, Tubb, Drinkard and Fusselman intervals, which range from 5,000 feet to 7,000 feet in depth. The original-oil-in-place (“OOIP”) is approximately 207 million barrels of oil. For more details on the acquisition, see the Press Release on the SJF Acquisition, the SJF Investor Call Deck and the SJF Operations Web Page on the Company’s website.
Grayburg-Jackson Field Positioned to Expand Seven Rivers Zone Production: The infrastructure enhancements are nearing completion and three well service rigs are on-site to return idle wells to production and prepare for well recompletions.
Production improvement efforts include: enhanced acid formula treatments on 13 wells has resulted in an increase of 40 BOPD; well servicing work has returned 27 wells to production; and deploying a third well service rig to the field in July to return producing and injection wells to production.
The focus on the GJF over the past year has resulted in infrastructure enhancements nearing completion and stabilizing production. The Company’s engineers have been using technology and science to analyze well logs and prior results in an effort to increase production and identification of the best pay in the Seven Rivers formation. The Company’s team has also rolled out the use of an AI application for our well pumpers to improve efficiencies as described in the AI Implementation Press Release on the Company’s website.
Financial highlights for the quarter ended June 30, 2025:
Revenue
Total revenue for the quarter was $4.6 million. Little changed from Q1 of 2025 and revenue was up approximately $850K from Q4 of 2024.
As discussed in the July 24, 2025 Press Release regarding preliminary results for Q2 of 2025, oil revenue from production was temporarily impacted in Q2 2025. The impact was mitigated by the Company’s hedging position. The Company recovered approximately $290K of cash, as approximately 75% of the oil was hedged at $70.00 per barrel. The non-cash hedge portion had a positive revenue impact of approximately $500K.
Our current oil production is 70%-plus hedged at a price of $70.00 per barrel or greater through the end of CY 2025.
Field results
The Company had income from operations of $1.1 million for the quarter.
The lease operating expenses (“LOE”) dropped to $665K per month for the quarter from the $718K per month for the fiscal year 2024.
Capital expenditure for the second quarter was $730K.
General and administrative (“G&A”) costs
The overall G&A costs were an average of $670K per month for the first six months of 2025; this is down from an average of $865 per month for the fiscal year 2024.
Salaries, fees and related costs for the first two quarters of 2025 are approximately $300K per quarter lower as compared to fiscal 2024.
Professional fees for legal, audit and consulting services for the second quarter of 2025 are $300K lower than the fourth quarter of 2024. These costs are primarily incurred for reporting requirements, financing efforts and certain costs stemming from various trailing legal matters.
Other income and expenses
Interest expense of approximately $1.68 million in Q2 of 2025 is $ approximately 65K lower than Q1 of 2025 due to note conversions; this is on account of our efforts to clean-up the balance sheet and the reduction of the principal balance of the Company’s senior reserve-based loan.
The approximately net $190K of income for non-cash impacts primarily include approximately $332K for the amortization of financing costs, and approximately $207K gain from settling the warrants for the convertible notes.
“During the quarter, we continued to execute on our operational strategy in the Permian Basin while navigating commodity price volatility,” said Dante Caravaggio, President and CEO, EON. “Our focus remains on cost discipline, increasing production levels, and leveraging our hedge positions to manage risk, as well as integrating our acquisition of the South Justis Field.”
“On the Grayburg-Jackson Field, we continued our program in the second quarter to perform larger acid treatment using proprietary chemicals to clean up wellbore damage and increase long-term production” said Jesse Allen, Vice President of Operations, EON. “The result to date is an overall sustained production increase of 40 BOPD from 13 wells. These early results indicate we are undertaking the proper development to enhance our long-term production growth. The Company also contracted a second oil rig in June to help stabilize and increase production, and we expect to continue this program through August 2025 and complete down-hole failure repairs on 41 additional wells.”
“Regarding the recent acquisition of the South Justis Field, when we purchased the field, the production was approximately 108 barrels of oil per day,” Mr. Allen added. “Due to safety concerns we reduced production to 88 barrels of oil per day, but this has been remedied and we are now producing 120 barrels of oil. We have a well service rig at the field to re-activate wells, and we expect production at the South Justis Field to continue to increase.”
August 19, 2025 earnings call information
EON will host a conference call on Tuesday, August 19, 2025, at 2:30 p.m. Eastern Time to review its second quarter 2025 financial results. Dante Caravaggio will chair the call; Mitchell B. Trotter Jesse Allen will also speak with shareholders and answer questions.
To listen to a live broadcast: An audio Webcast of the conference call will be available within two hours of the call on August 19, 2025. To listen to a live broadcast, visit the website at least 15 minutes prior to the scheduled start to register and download and install any necessary software.
Earnings Call deck: The earnings call deck will be posted to the Company’s website prior to the earnings call.
Teleconference Replay Number (Expires September 2, 2025):
Toll Free: 877-481-4010
International: 919-882-2331
Replay Passcode: 52885
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 the United States. EON’s long-term goal is to maximize total shareholder value from a diversified portfolio of long-life oil and natural gas properties built through acquisition and through selective development, production enhancement and other exploitation efforts on its oil and natural gas properties.
EON’s Class A Common Stock trades on the NYSE American Stock Exchange (NYSE American:EONR) and the Company’s public warrants trade on the NYSE American Stock Exchange (NYSE American:EONR WS). For more information on EON, please visit the Company’s website: https://eon-r.com/.
About the Grayburg-Jackson Oil Field Property
LH Operating, LLC (“LHO”), a wholly owned subsidiary of EON, operates its holdings in New Mexico of oil and gas waterflood production comprising 13,700 contiguous leasehold acres, 342 producing wells and 207 injection wells situated on 20 federal and 3 state leases in the Grayburg-Jackson Oil Field. The Grayburg-Jackson Oil Field is located on the Northwest Shelf of the prolific Permian Basin in Eddy County, New Mexico.
Leasehold rights of LHO 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 (“Haas & Cobb” or “Cobb”), reflects LHO to have 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”) in the LHO leasehold is approximately 876 million barrels of oil in the Grayburg and San Andres intervals and 80 million barrels in the Seven Rivers interval for a total OOIP of approximately 956 million barrels of oil.
Our primary production is currently from the Seven Rivers zone. 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 the horizontal drilling program in the San Andres. With proven oil reserves of over 15 million barrels, combined with the potential 74 million additional barrels from the Grayburg and San Andres zones, LHO should produce oil and a revenue stream for more than two decades with a low decline rate.
About the South Justis Field Property
The South Justis Field (“SJF”) is a carbonate reservoir, similar to the rest of the Permian. The SJF was first developed in the 1960’s and had an initial production in the 6,000 BOPD range. The waterflood implemented at a cost of $40 million dollars in the 1990’s by a major oil company had mediocre performance due to poor connectivity between wells, which indicates an opportunity for horizontal infill well drilling. The subsequent owners of the SJF had higher priorities, which led to an increase in idle wells with downhole failures, thus allowing the production to drop dramatically. The Seller acquired the field and has reactivated several wells with good results increasing the production of oil. This indicates that there are a significant number of wells that can be reactivated to increase production on existing wells.
The SJF comprises of 5,360 contiguous acres with 208 combined producing and injection wells with well spacing of 50 acres. The field is located in the Central Basin of the prolific Permian Basin in Lea County, New Mexico located approximately 100 miles from EON’s Grayburg-Jackson Oil Field property. 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.
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
HOUSTON, TX / ACCESS Newswire / August 19, 2025 / EON Resources Inc. (NYSE American:EONR) (“EON” or the “Company”) is independent upstream energy company with 20,000 leasehold acres comprised of two fields in the Permian Basin in southeast New Mexico. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company posted an updated investor deck and the second quarter of 2025 earnings call deck to the Company’s website: https://www.eon-r.com/presentations
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 the United States. EON’s long-term goal is to maximize total shareholder value from a diversified portfolio of long-life oil and natural gas properties built through acquisition and through selective development, production enhancement, and other exploitation efforts on its oil and natural gas properties.
EON’s Class A Common Stock trades on the NYSE American Stock Exchange (NYSE American: EONR) and the Company’s public warrants trade on the NYSE American Stock Exchange (NYSE American: EONR WS). For more information on EON, please visit the Company’s website: https://eon-r.com/
About the Grayburg-Jackson Oil Field Property
LH Operating, LLC (“LHO”), a wholly owned subsidiary of EON, operates its holdings in New Mexico of oil and gas waterflood production comprising 13,700 contiguous leasehold acres, 342 producing wells and 207 injection wells situated on 20 federal and 3 state leases in the Grayburg-Jackson Oil Field. The Grayburg-Jackson Oil Field is located on the Northwest Shelf of the prolific Permian Basin in Eddy County, New Mexico.
Leasehold rights of LHO 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 (“Haas & Cobb” or “Cobb”), reflects LHO to have 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”) in the LHO leasehold is approximately 876 million barrels of oil in the Grayburg and San Andres intervals and 80 million barrels in the Seven Rivers interval for a total OOIP of approximately 956 million barrels of oil.
Our primary production is currently from the Seven Rivers zone. 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 the horizontal drilling program in the San Andres. With proven oil reserves of over 15 million barrels, combined with the potential 74 million additional barrels from the Grayburg and San Andres zones, LHO should produce oil and a revenue stream for more than two decades with a low decline rate.
About the South Justis Field Property
The South Justis Field (“SJF”) is a carbonate reservoir, similar to the rest of the Permian. The SJF was first developed in the 1960’s and had an initial production in the 6,000 BOPD range. The waterflood implemented at a cost of $40 million dollars in the 1990’s by a major oil company had mediocre performance due to poor connectivity between wells, which indicates an opportunity for horizontal infill well drilling. The subsequent owners of the SJF had higher priorities, which led to an increase in idle wells with downhole failures, thus allowing the production to drop dramatically. The Seller acquired the field and has reactivated several wells with good results increasing the production of oil. This indicates that there are a significant number of wells that can be reactivated to increase production on existing wells.
The SJF comprises of 5,360 contiguous acres with 208 combined producing and injection wells with well spacing of 50 acres. The field is located in the Central Basin of the prolific Permian Basin in Lea County, New Mexico located approximately 100 miles from EON’s Grayburg-Jackson Oil Field property. 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.
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
NEW YORK, NY / ACCESS Newswire / August 19, 2025 / D. Boral ARC Acquisition I Corp. (the “Company”) today announced that, commencing August 20, 2025, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and warrants included in the units.
No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The Class A ordinary shares and warrants that are separated will trade on The Nasdaq Global Market under the symbols “BCAR” and “BCARW,” respectively. Those units not separated will continue to trade on The Nasdaq Global Market under the symbol “BCARU.” Holders of units will need to have their brokers contact Odyssey Transfer and Trust Company, the Company’s transfer agent, in order to separate the units into Class A ordinary shares and warrants.
A registration statement on Form S-1 relating to these securities was declared effective by the SEC on July 30, 2025. The offering was made only by means of a prospectus. Copies of the prospectus relating to the offering may be obtained from D. Boral Capital LLC: Attn: 590 Madison Avenue 39th Floor, New York, NY 10022, or by email at dbccapitalmarkets@dboralcapital.com, or by telephone at (212) 970-5150, or from the U.S. Securities and Exchange Commission’s (the “SEC”) website at www.sec.gov.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, 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 D. Boral ARC Acquisition I Corp.
The Company was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an acquisition opportunity in any business, industry, sector or geographical location, the Company intends to identify and acquire a business where the Company believes its management teams’ and affiliates’ expertise will provide a competitive advantage, including the technology, healthcare, and logistics industries.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s search for an initial business combination. No assurance can be given that the Company will ultimately complete a business combination transaction in the sectors it is targeting or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the IPO filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Cortes Law Firm, known for its leadership in probate and estate planning, stands committed to providing top-notch legal services in Oklahoma City. This firm focuses on trusts, wills, and estate administration, making it a key resource for those dealing with the often tricky probate and estate planning processes. Nestled in the heart of Oklahoma City, the firm blends professional expertise with a welcoming approach to all estate-related legal issues.
Led by Stephen L. Cortes, a skilled attorney with over 26 years of experience, the firm offers essential support for those involved in estate planning and probate. Their areas of practice include estate planning, probate law, and trust administration, showcasing their commitment to meeting the needs of Oklahoma families. As highlighted in a recent Cortes Law Firm Press release, the firm has continued to adapt its methods to suit the changing legal environment in the state.
Estate planning at Cortes Law Firm involves preparing legal documents intended to allocate clients’ assets according to their specific wishes. The firm’s dedication to straightforwardness and efficiency seeks to simplify the process, making estate planning accessible for everyone, no matter the size of the estate. Stephen L. Cortes explains, “We customize each estate plan to match the individual’s wishes, providing peace of mind.”
The firm also excels in guiding clients through the Oklahoma probate procedure, helping them tackle the complex legal tasks following a loved one’s passing. The Oklahoma probate can be a maze for many, but the seasoned direction from the firm can alleviate those difficulties. With extensive experience, Cortes Law Firm assists clients with probate court documents and managing executor duties in Oklahoma.
Beyond estate planning and probate services, the firm offers general counsel and help with probate real estate. Stephen L. Cortes continues his tradition of devoted public service, drawing from his time as General Counsel for Governor Henry. He remarks, “Our aim is to defend our clients’ interests and provide thorough, knowledgeable representation through every legal challenge they face.”
Conveniently located off the North Broadway Extension in Oklahoma City, Cortes Law Firm is perfectly positioned to serve clients throughout the city. This central location allows the firm to support residents with estate planning, probate law, and trust management, focusing on personalized service and continual relationship building. At Cortes Law Firm Oklahoma, tailored approaches ensure clients receive the attention and care they need.
Visitors to the firm’s website will find a wealth of resources, including guides on estate planning ideas and probate processes. The site also provides educational videos covering topics like the role of corporate trustees in estate planning and tips for selecting an effective estate planning attorney. By sharing these resources, Cortes Law Firm helps Oklahoma City residents and remains a trusted advisor in these fields.
Cortes Law Firm is noted for its dedication to clear communication and its clients. Each case receives individual attention, ensuring assets are maintained and distributed as the client desires. With reviews averaging 4.9 out of 5, the firm is celebrated for its professionalism, responsiveness, and assistance. Over the years, the firm has handled complex legal issues with expertise and dedication, making it a respected entity in the Oklahoma legal community.
For those in Oklahoma City needing advice on probate or estate planning, contacting Cortes Law Firm at (405) 213-0856 or visiting the firm’s website can provide valuable guidance. By fostering transparency and building client trust, the firm continues to prove itself a reliable and effective legal partner in Oklahoma City.
Cortes Law Firm reasserts its place as a pillar of expertise in estate legal matters, committing wholeheartedly to client interests and the wider Oklahoma City community. Through this dedication, Cortes Law Firm Press works to keep clients informed and engaged with ongoing developments and services.
New York, New York, United States / Storyteller / Aug 18, 2025 / <br><br> <p data-lifid="1757088" >Vesper Holdings ("Vesper"), a privately-held real estate investment firm based in New York City, is pleased to announce its latest student housing acquisition – Gateway Lofts Lansing (“Gateway Lofts”) located pedestrian to Michigan State University. Including this purchase, Vesper has completed twenty student housing transactions totaling over $1 billion over the past 15 months. </p>
<p>Gateway Lofts is a luxury student housing community offering one of the most desirable locations in the Lansing market. Delivered in 2022, this five-story property is located less than a half-mile from Michigan State University, providing direct pedestrian access to campus. </p>
<p>Gateway Lofts features a highly desirable unit mix of studio, one-, and two-bedroom apartments. Each apartment features upscale finishes, including wood-style plank flooring, granite countertops with bar seating, stainless steel appliances, walk-in closets, pendant lighting, and in-unit washers and dryers. Residents enjoy a comprehensive suite of amenities including a resident lounge with billiards, a fully equipped fitness center, conference rooms, package lockers, and bike storage on each floor. In addition to residential units, the property’s footprint includes four ground-floor retail spaces.</p>
<p>“Gateway Lofts is the latest example of our commitment to acquiring high-quality student housing assets in pedestrian-to-campus locations within top-tier university markets,” said Isaac Sitt, Co-Founder and Co-CEO of Vesper Holdings. “We expect to remain extremely active in the coming months, as we look to take advantage of pricing dislocations in this higher interest rate environment,” Sitt added.</p>
<p>Kevin Larimer, Senior Managing Director of Berkadia’s Student Housing team, represented the seller in the transaction. Vesper’s financing of the acquisition was arranged by Aaron Moll, Managing Director & Head of Student Housing Mortgage Banking at Berkadia.</p>
<p>Vesper’s student housing portfolio is the 8<sup>th</sup>-largest in the United States. Vesper’s portfolio, including Gateway Lofts, is managed by Vesper’s subsidiary property management company – CLS Living (“CLS”). CLS currently manages over 33,000 student housing beds across 43 university markets.</p>
<p><strong>About Vesper Holdings</strong></p>
<p>Founded by Elliot J. Tamir and Isaac J. Sitt, Vesper Holdings is a privately held real estate investment firm based in New York City. Vesper Holdings’ diverse portfolio includes student housing, retail, mixed-use, office buildings and parking structures. Vesper Holdings ranks as one of the top 10 largest student housing owners in the United States. Its real estate portfolio consists of 53 properties, including over 25,000 student housing beds. </p>
<p><em>Source: Vesper Holdings</em></p>
<p><em><span style="color:rgb(51, 51, 51);">Douglas Kligman</span></em></p>
<p><em>212-406-4000<br></em></p>
<p><strong><em><a rel="nofollow" href="https://newsroom.submitmypressrelease.com/2025/08/18/vesper-holdings-expands-its-student-housing-portfolio-in-michigan-with-acquisition-of-gateway-lofts-lansing_1757088.html">Source published by Submit Press Release >> Vesper Holdings Expands its Student Housing Portfolio in Michigan with Acquisition of Gateway Lofts Lansing</a></em></strong></p><br><img src="https://im.submitmypressrelease.com/info/1757088" width="1" id="submitPressInfo" height="1" style="width:1px;height:1px;border:0px solid;">
BOCA RATON, FL / ACCESS Newswire / August 18, 2025 / Newsmax Inc. (NYSE:NMAX) (“Newsmax” or the “Company”) today announced that the Company will report financial results for the second quarter ended June 30, 2025 on Tuesday, August 19, 2025, after the U.S. stock market closes.
The earnings press release and supplemental financial information will be made available on the Newsmax Investor Relations website at ir.newsmax.com.
About Newsmax
Newsmax Inc. is listed on the NYSE (NMAX) and operates, through Newsmax Broadcasting LLC, one of the nation’s leading news outlets, the Newsmax channel. The fourth highest-rated network is carried on all major cable TV and satellite providers. Newsmax’s media properties reach more than 40 million Americans regularly through Newsmax TV, the Newsmax App, its popular website Newsmax.com, and publications such as Newsmax Magazine. Through its social media accounts, Newsmax reaches 20 million combined followers. Reuters Institute says Newsmax is one of the top U.S. news brands and Forbes has called Newsmax “a news powerhouse.”
OVO Painting has introduced an upgraded lineup of services, aimed at improving both interior and exterior painting experiences for homes and businesses. By combining efficient methods with top-notch materials, OVO Painting tackles the details of each painting project while maintaining high standards that customers can rely on.
Known for its careful craftsmanship, OVO Painting is refining its services to meet the varied needs of property owners and companies. With this new approach, they’re cutting out common painting headaches by focusing on smooth execution and working closely with clients. The idea is to make the whole process better, from the first consultation all the way through to finishing touches.
Sebastian Thomas, representing OVO Painting, explained, “Our aim in expanding our services is to make the painting process simpler for our clients. At OVO Painting, we prioritize efficiency and quality so clients can achieve the results they want without unnecessary delays or costs.”
In OVO Painting Atlanta GA, the team is central to delivering these top-quality services. The crew is made up of skilled professionals committed to their work, handling projects of all sizes and complexities. Each member is vital in ensuring projects finish on schedule and stay within the planned budget, which underscores the company’s dedication to customer satisfaction. More information about their wide array of services can be found on their website, including steps on how they ensure project success from consultation to completion.
A recent client spoke about her positive experience with OVO Painting Altanta, appreciating the company’s professionalism and focus on excellence. “Working with OVO Painting was straightforward. They arrived on time, communicated well throughout the project, and ensured everything met our satisfaction,” she shared. Her feedback highlights the company’s attention to building strong client relations and effective project management. For further testimonials and a detailed guide to their service offerings, potential clients are encouraged to explore their site online.
OVO Painting provides a wide range of services designed to suit different client needs. Whether it’s a small project like refreshing a single room or a big renovation involving an entire building, each service is tailored to fit the client’s vision. Through careful color consultations and detailed planning, OVO Painting makes sure the final look matches the client’s aesthetic preferences and practical needs.
From the start of a project, OVO Painting professionals work with clients to choose the right colors and materials, making sure these choices not only look good but also last. Their teamwork approach creates an inclusive setting, keeping clients involved and informed every step of the way.
The company aims to make a name for itself in the industry by investing in high-quality paint and the latest technology. This commitment ensures that their finishes are not only attractive but also durable. By using modern painting techniques, OVO Painting boosts the beauty of their work while enhancing its longevity.
OVO Painting Altanta values continuous client feedback to refine and improve their services. By listening to and incorporating client suggestions, the company adapts its processes to meet the changing needs of its customers, maintaining its reputation as a dependable provider in the painting sector. For more insights into their innovative techniques and client-focused strategies, the company offers further resources and contacts through their online platform.
As OVO Painting extends its reach, its commitment to maintaining quality standards remains at the heart of its operations. By building genuine relationships with clients and providing outstanding service, the company aims to create lasting partnerships. Clients looking to future projects can expect the same dedication and expertise from OVO Painting Atlanta GA. Read more about their service philosophy and the areas they serve by visiting them online.
West Coast Tire & Services is rolling out a major expansion of its automotive services. This step is aimed at better serving its growing number of clients with a strong focus on comprehensive car care.
The company is launching services to San Clemente, Ladera Ranch and Rancho Mission Viejo. By expanding their services to these areas, West Coast Tire & Services is showing its dedication to keeping vehicles in good shape and its customers happy. The new service areas include advanced diagnostic testing on all types of vehicles and small trucks, eco-friendly options, and a range of maintenance services that address both regular and complex automotive needs.
“The introduction of these new service areas marks a significant step forward for us,” said Todd, representing West Coast Tire & Services. “We are dedicated to meeting the evolving needs of our customers and enhancing their experience with us.”
In addition to offering more service areas, West Coast Tire & Services is increasing its focus on sustainable practices. They are using eco-friendly materials and methods, which ties into a larger trend in the car care industry towards being environmentally responsible. By doing this, the company hopes to lessen its environmental impact while still providing top-notch services. For more details on their comprehensive repair services and eco-friendly approach, visit West Coast Tire & Services’ website.
A key part of the expansion is improving how customers interact with the company. They plan to make service delivery smoother and offer updated systems so that every customer can easily understand what their vehicles need and the services that are available.
“Our mission is to provide top-notch service while also considering the broader environmental impact,” said Todd. “Through continuous improvement and innovation, we aim to set a benchmark in the industry.”
The company is also investing in training and developing its staff to make sure every team member can provide top-level service. This focus on employee skills highlights West Coast Tire & Services’ commitment to expertise and taking care of their clients. The highly skilled team includes ASE certified technicians, ensuring high-quality service for both foreign and domestic vehicles.
The new service areas are shaped by feedback from customers and industry research, aiming to better meet the needs of a wide variety of clients. Through this thoughtful growth, West Coast Tire & Services is positioning itself as a full-service provider that values quality and sustainability.
Customers will start to notice these changes in the coming months, promising faster service and a better overall experience. These improvements reflect West Coast Tire & Services’ dedication to growing and keeping up with today’s automotive needs.
With these developments, West Coast Tire & Services strengthens its role as a leader in the auto repair in South OC service industry. The new offerings show commitment to both customer satisfaction and environmental responsibility, which the company sees as essential for the future of automotive services.
As West Coast Tire & Services moves forward with these changes, they stay true to their core values of quality, innovation, and sustainability. They are eager to continue serving their community with honesty and commitment. To learn more about their specialized services such as engine rebuilding or suspension repair, explore their full-service maintenance offerings on their official website.
