Press Release FeedGet the RSS feed
Menu

Browse press releases

The newest releases come first, each with its full text here and a link to its original. Try the filters to narrow them down.

8,561 resultsPage 50 of 500, newest first
  1. FinanceOpenWorld (NASDAQ: OPNW) Signs Term Sheet to Finance and Operate a Solar-Powered AI Computing Network Built on Tesla Powerwall BatteriesCompanies: TeslaOpenWorld, Inc. ("OpenWorld" or the "Company") (NASDAQ: OPNW), an innovation company advancing global real-world asset ("RWA") tokenization, today announced that it has entered into a non-binding term sheet with Meridian to establish a tokenized financing program of up to $[1] billion to fund the purchase and deployment of a distributed AI computing network powered by solar energy and Tesla Powerwall battery storage. Under the term sheet, OpenWorld will serve as advisor, structuring agent and services provider for the program, and its OpenWorld Enterprise platform will finance, coordinate and monitor the network. Key Highlights Up to $1 billion in tokenized financing: OpenWorld structures and administers the tokenized financing program on OpenWorld Enterprise. Tesla Powerwall batteries, solar panels and AI computing equipment serve as collateral within the structure. Exclusive Tesla Powerwall inventory: Meridian holds exclusive rights to a reserved inventory of Tesla Powerwall systems that qualified for federal clean-energy tax credits before those credits were discontinued. [The inventory covers more than 160,000 Powerwalls, enough to support approximately 80,000 homes.] Initial deployment of 10,000 homes: [GPU-equipped computers at participating homes, with larger installations at local schools, hospitals and commercial campuses.] AI inference without new data centers: AI providers pay to run trained models on the network with no new centralized data-center sites, no additional grid interconnections and no water-based cooling. The program is intended to supply capacity to one or more leading AI inference providers. Hosts get paid: Homeowners receive monthly hosting payments and lower-cost electricity, with household energy needs taking priority over computing workloads. Commercial hosts receive a share of site revenue and backup power. Timeline: Test installations scheduled to begin in the fourth quarter of 2026; first commercial site targeted for the first quarter of 2027. Builds on the BeyondAI transaction: Follows last week's proposed transaction with BeyondAI, which would transform BeyondAI’s industrial AI intellectual property rights into financeable collateral on OpenWorld’s tokenization platform. Solving the Power Problem in AI Infrastructure Access to power is a growing constraint on AI infrastructure. New data centers face lengthy grid interconnection timelines, local opposition and significant water demands. The planned network of home-hosted, distributed AI inference computing would place GPU-equipped computers at participating homes and larger installations at local schools, hospitals and commercial campuses, each powered by on-site solar generation and Tesla Powerwall storage. AI providers would pay to use this computing capacity for inference, the process of running trained AI models, without requiring new centralized data-center sites, additional grid connections or water-based cooling. Participating homeowners would receive monthly hosting payments and lower-cost electricity, with household energy needs taking priority over computing workloads. Commercial hosts would receive a share of site revenue and backup power. How the Program Works Meridian, a privately held Delaware limited liability company, specializes in optimizing tax credits for Tesla Powerwall systems and holds exclusive rights to a reserved inventory of Powerwall systems that qualified for federal clean-energy tax credits before those credits were discontinued. [The inventory covers more than 160,000 Powerwalls, enough to support installations at approximately 80,000 homes. The program’s initial deployment is planned for 10,000 homes.] Under the term sheet, OpenWorld will serve as advisor, structuring agent and services provider for the financing program. OpenWorld will establish and administer the tokenized financing structure on its OpenWorld Enterprise platform. The financing would support Meridian’s purchase and deployment of Tesla Powerwall batteries and associated AI computing equipment, as well as the purchase by OpenWorld or a subsidiary of solar panels, all of which would serve as collateral within the structure. OpenWorld is also developing an integrated system to power and operate each installation. The OpenWorld Enterprise platform will coordinate computing workloads across the network, monitor equipment performance and provide investors with reporting on the underlying assets. The program is intended to supply computing capacity to one or more leading AI inference providers. Test installations are scheduled to begin in the fourth quarter of 2026, with the first commercial site targeted for the first quarter of 2027. Management Commentary “Access to power is becoming the major constraint on the growth of AI infrastructure,” said Matt Shaw, CEO and Chairman of OpenWorld. “By bringing computing equipment to homes and commercial properties through solar generation and Tesla Powerwall storage, we can build AI capacity closer to the power source instead of waiting years for a grid connection. Our term sheet with Meridian brings together the tokenization, financing and operating capabilities needed to develop this network at scale, and it shows what OpenWorld Enterprise is built to do: turn real-world assets into financeable, on-chain infrastructure.” “Meridian’s rights to a large inventory of tax-qualified Tesla Powerwall systems provide the critical foundation for this program,” said Josh Raffaelli, founder of Meridian and clean energy investor. “OpenWorld will help us finance the equipment and manage the network, turning solar generation and battery storage at participating properties into infrastructure that can serve growing demand for AI computing.” If a transaction is consummated, Mr. Raffaelli is expected to join OpenWorld’s board of directors. Certain officers and directors of OpenWorld hold interests in Meridian; additional information regarding these relationships is included in the Company’s Current Report on Form 8-K. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “expected,” “would,” “will,” “anticipate,” “intend,” “plan” and similar expressions are intended to identify forward-looking statements. These include statements about the proposed engagement, the size, timing and structure of the financing program, the Distributed Inference Program, anticipated offtake arrangements and tax credit treatment. These statements are subject to risks and uncertainties that could cause actual results to differ materially. Those risks include failure to execute definitive agreements, market conditions, regulatory developments affecting tokenized securities, tax law changes and the risks described in OpenWorld’s Annual Report and Quarterly Reports filed with the SEC, including under the heading titled “Risk Factors.” OpenWorld undertakes no obligation to update these statements except as required by law. Tesla and Powerwall are trademarks of Tesla, Inc. Tesla, Inc. is not a party to the term sheet described in this release. No Offer or Solicitation This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. About OpenWorld OpenWorld, Inc. (NASDAQ: OPNW) is a technology-powered digital assets and blockchain innovation company that co-architects and takes principal positions in enterprise blockchain initiatives alongside sovereign governments, institutional partners and major enterprises. Since its founding in 2023, OpenWorld has advised on projects representing over $66 billion in aggregate network value and supported more than 20 companies backed by leading global venture firms, including a16z, Multicoin Capital, Dragonfly and Founders Fund. OpenWorld’s capabilities span real-world asset tokenization, stablecoin infrastructure, capital markets advisory, governance structuring and public markets strategy, with active engagements across the United States, Gulf, Europe, Southeast Asia and Africa. To learn more, visit openworld.dev and follow OpenWorld on X at [@_openworld]. About Meridian Meridian is a privately held Delaware limited liability company that specializes in optimizing federal clean-energy tax credits for Tesla Powerwall systems and holds exclusive rights to a reserved inventory of tax-credit-qualified Powerwall systems. Contacts [email protected] MediaGasthalter & Co.Phone: (212) 257-4170Email: [email protected]
  2. FinanceStartup Funding Makes Headlines. Employee Equity Often Pays the Price.San Francisco, CA Wednesday Oct 14, 2026 @ 9:00 AM Eastern — Startup announcements often highlight valuations, investors, and capital raised, with multi-million dollar rounds capturing headlines. Founders discuss growth plans, and venture capital firms celebrate their latest investments. However, an essential group is frequently overlooked: employees who hold equity in the companies they help build. For thousands of startup employees worldwide, stock options, restricted stock units and other forms of equity compensation represent a significant portion of their potential financial future. While a funding round may appear to signal success, it can also introduce changes that affect the value and ownership percentage associated with employee-held equity. Understanding how these changes occur has become increasingly important as startups rely on equity compensation to attract and retain talent. The Critical Role of Startup Equity Today Over the past decade, equity compensation has transitioned from a niche benefit to a standard feature of employment packages within the technology sector and startup ecosystem. Employees often accept lower salaries in exchange for the opportunity to participate in a company's future growth. For some, equity can become more valuable than years of salary. Stories of employees benefiting from successful IPOs or acquisitions have become part of startup culture. However, the path from receiving equity to realizing value is rarely straightforward. Many employees receive grant documents but have limited understanding of concepts such as dilution, preferred shares, liquidation preferences, secondary transactions or changing valuations. As companies remain private for longer periods, these topics become increasingly relevant. Why Dilution Matters One of the most misunderstood aspects of startup ownership is dilution. When a company raises additional capital, it typically issues new shares to investors. Existing shareholders, including employees, may see their ownership percentage decrease as a result. This does not automatically mean an employee's equity becomes less valuable. A significant post-funding valuation increase can enhance the economic value of a reduced ownership percentage. The challenge is that ownership percentage and company valuation can move in different directions, creating confusion for employees who may not have access to detailed cap table information. Without context, it can be difficult to determine whether a financing event improves or weakens the position of an individual shareholder. Valuation Does Not Guarantee Liquidity Another common misconception is equating valuation with accessible wealth. A startup may announce a valuation of hundreds of millions, or even billions, of dollars. Yet employees often cannot sell their shares immediately. Most private company stock remains subject to restrictions, company policies and limited opportunities for liquidity. As a result, employees can find themselves in a position where they hold equity that appears highly valuable on paper but lacks a clear path to conversion into cash. The distinction between theoretical value and actual liquidity has become increasingly important as private companies delay public listings and remain private for longer periods. Ownership Education Is Becoming Essential As employee equity becomes more prevalent in the startup economy, understanding ownership is evolving into a crucial skill. Employees increasingly seek answers to questions such as: How much of the company do I actually own? How does a new funding round affect my stake? What rights do different share classes carry? How should I interpret startup valuations? What options exist if I want to sell shares before an IPO? These questions are no longer limited to founders and investors. They increasingly affect engineers, product managers, designers, operators and early team members whose compensation includes company equity. A Growing Need for Transparency The startup ecosystem has matured considerably, but information asymmetry remains a persistent challenge. Investors often have access to extensive documentation and specialist advice, while employees may rely on fragmented information gathered from online forums and informal discussions. Increased transparency in ownership structures, funding mechanics, and equity outcomes empowers employees to make informed career and financial decisions. As startup equity continues to become a mainstream form of compensation, understanding what happens behind the headlines may be just as important as the funding announcements themselves. After all, when a company raises capital, the story is not only about investors and valuations. It is also about the employees whose ownership stakes, future opportunities and long-term financial outcomes evolve with every funding round. This article is for informational purposes only and should not be considered financial, investment, legal or tax advice. About PrivateTechShares PrivateTechShares is an independent research platform focused on startup equity, employee ownership and private-company shares across the US and European technology sectors. The platform publishes educational guides, company profiles and practical resources designed to help startup employees, founders, early shareholders and angel investors better understand stock options, dilution, valuations, taxation and secondary share sales. Learn more at privatetechshares.com. Media Contact Company Name: PrivateTechShares Contact Person: Robert Palmer, Spokesperson Email: Email Contact City: London Country: United Kingdom
  3. FinanceDoubleview Reports First 2026 Drill Assays from Hat Project; H109 Returns 541.2 Metres of 0.27% CuEq and H113-H114 Add South-West Extension DataVancouver, BC, Oct 14, 2026 - Doubleview Gold Corp. (TSXV: DBG) (OTCQX: DBLVF) (FSE: 1D4) ("Doubleview" or the "Company") is pleased to announce assay results for drill holes H109, H110, H113 and H114, the first reported assay results from the Company's 2026 drilling campaign at its 100%-owned Hat Polymetallic Deposit in northwestern British Columbia. The Company has completed approximately 7,400 metres of drilling at the Hat Project during 2026 to date, and drilling is ongoing. Drill holes H109 and H110 were drilled from the Hat East area, while drill holes H113 and H114 were drilled from the South-West Extension area. The holes were designed to provide additional geological and assay information in areas where the Company's current block model and mineralization model indicated a need for additional definition. The results reported in this release add data from two separate locations on the Hat Deposit: the east side of the deposit and the south-west extension area. Additional assay results from both areas remain pending and will be announced following receipt, validation and review by the Company's Qualified Person. The Company's geological interpretation remains subject to change as additional drilling and assay data are received and integrated. Drill holes H109, H110, H113 and H114 were not included in the Mineral Resource Estimate with an effective date of February 4, 2026, or in the Preliminary Economic Assessment disclosed by the Company in March 2026. These results will be considered for future geological modelling, resource estimation and engineering studies. No updated mineral resource estimate, pit design, economic analysis or resource classification change has been completed using the results reported in this news release. Highlights First 2026 assay release: H109, H110, H113 and H114 are the first drill holes from the 2026 Hat drilling campaign to be reported by assay. Two target areas reported: H109 and H110 provide additional data from Hat East, while H113 and H114 add data from the South-West Extension area. H109 returned 541.2 metres grading 0.27% CuEq from 60.0 metres, including 128.0 metres grading 0.48% CuEq, 19.0 metres grading 1.36% CuEq and 13.0 metres grading 1.80% CuEq. H110 returned 408.4 metres grading 0.20% CuEq from 38.7 metres, including 111.7 metres grading 0.30% CuEq, 30.0 metres grading 0.78% CuEq, 19.0 metres grading 1.01% CuEq and 6.0 metres grading 1.89% CuEq. H113 returned 417.6 metres grading 0.23% CuEq from 24.8 metres, including 174.4 metres grading 0.31% CuEq, 82.4 metres grading 0.37% CuEq and 7.4 metres grading 1.37% CuEq. H114 returned 567.7 metres grading 0.16% CuEq from 36.3 metres, including 89.3 metres grading 0.41% CuEq and 55.0 metres grading 0.49% CuEq. The holes were designed to fill important data gaps and provide additional drill density for future modelling. No change to current resource categories is implied until an updated MRE is completed and approved by a Qualified Person. Copper equivalent values in this release exclude scandium oxide (Sc2O3), which is reported separately in the assay table. Selected Assay Results Hat East - H109 and H110: H109 returned 541.2 metres grading 0.27% CuEq from 60.0 metres, including 432.0 metres grading 0.30% CuEq, 217.2 metres grading 0.37% CuEq, 128.0 metres grading 0.48% CuEq, 19.0 metres grading 1.36% CuEq and 13.0 metres grading 1.80% CuEq. H110 returned 408.4 metres grading 0.20% CuEq from 38.7 metres, including 111.7 metres grading 0.30% CuEq, 30.0 metres grading 0.78% CuEq, 19.0 metres grading 1.01% CuEq and 6.0 metres grading 1.89% CuEq. All reported intervals are drill core lengths. True widths have not been determined. Complete assay intervals are presented in Table 1. Current MRE and PEA Context References in this news release to the 2026 PEA pit shell or proposed pit outline are provided only for geological context. They do not imply that the new drill holes are included in a mine plan, that mineral reserves have been estimated, or that an updated economic analysis has been completed. Mineral resources are not mineral reserves and do not have demonstrated economic viability. The PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. CEO Comment Farshad Shirvani, President and CEO of Doubleview Gold Corp., commented: "These first 2026 assays are important because they add disciplined follow-up data from two separate parts of the Hat Deposit. H109 and H110 provide additional close-spaced information from Hat East, including a strong interval in H109 beneath the 2026 PEA pit shell, while H113 and H114 add meaningful data from the South-West Extension area. These holes were drilled with a clear purpose: to fill gaps, test continuity and improve the data available for future modelling. While these results do not change the current MRE or PEA on their own, they are important building blocks for future updates. We look forward to reporting additional assays from both areas after they are received, validated and reviewed." Table 1: Summary of H109, H110, H113 and H114 Drill Core Assay Intercepts DDHNoteFrom (m)To (m)Length (m)CuEq (%) excl. Sc2O3Au (g/t)Cu (%)Ag (g/t)Co (g/t)Sc2O3 (g/t) H109 60.0601.2541.20.270.140.130.256225.6 Incl.153.0585.0432.00.300.150.140.226626.1 Incl.153.0187.934.90.800.770.110.294324.1 Incl.384.0601.2217.20.370.130.230.316527.1 Incl.413.0587.0174.00.410.150.250.356725.6 Incl.459.0587.0128.00.480.170.300.436524.1 Incl.467.0585.0118.00.500.180.310.456522.9 Incl.467.0486.019.01.360.460.901.0713620.0 Incl.470.0483.013.01.800.621.201.3815920.7 Incl.560.0585.025.00.580.250.340.606225.4 H110 38.7447.0408.40.200.100.090.125626.9 Incl.38.760.021.40.480.330.150.6311515.6 Incl.335.4447.0111.70.300.110.190.175228.8 Incl.417.0447.030.00.780.300.490.406130.2 Incl.428.0447.019.01.010.390.640.536625.7 Incl.428.0434.06.01.890.751.200.9710025.6 H113 24.8442.4417.60.230.110.120.256036.1 Incl.24.8133.0108.20.220.160.060.155638.1 Incl.268.0442.4174.40.310.100.200.416631.5 Incl.360.0442.482.40.370.140.220.416328.5 Incl.435.0442.47.41.370.490.902.3710021.4 H114 36.3604.0567.70.160.060.080.165726.3 Incl.514.8604.089.30.410.140.260.407322.8 Incl.549.0604.055.00.490.160.320.475822.3 Notes to Table 1 1. Copper Equivalent (CuEq) values exclude scandium oxide (Sc2O3). 2. Reported intervals are drill core lengths. True widths have not been determined. 3. CuEq values are provided for comparative presentation of drill intercepts and do not imply economic viability. Grades for each metal used in the CuEq calculation are shown separately in Table 1. 4. Parameters used to calculate CuEq: gold price US$2,365.09/oz, silver price US$27.43/oz, copper price US$4.17/lb and cobalt price US$14.76/lb. Recoveries used: gold 89.0%, silver 68.0%, copper 84.0% and cobalt 78.0%. 5. CuEq (%) = ([Ag grade in ppm] x 27.43 x 0.68 / 31.1035 + [Au grade in ppm] x 2365.09 x 0.89 / 31.1035 + 0.0001 x [Co grade in ppm] x 14.76 x 0.78 x 22.0462 + 0.0001 x [Cu grade in ppm] x 4.17 x 0.84 x 22.0462) / (4.17 x 22.0462 x 0.84). 6. Reported Sc2O3 grades are shown for information only and no value for scandium oxide is included in CuEq values reported in this release. Figure 1: Plan view showing drill holes H109, H110, H113 and H114 relative to the 2026 proposed pit outline and two reported 2026 assay areas: Hat East and the South-West Extension. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8003/318915_1ca93714f4667a49_001full.jpg Figure 2: North-south section view showing drill holes H109 and H110, nearby close drill holes, and mineralized intervals relative to the 2026 PEA pit shell. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8003/318915_1ca93714f4667a49_002full.jpg Figure 3: East-west section view showing drill holes H109 and H110 and mineralized intervals relative to the 2026 PEA pit shell. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8003/318915_1ca93714f4667a49_003full.jpg Figure 4: South-west section view showing drill holes H113 and H114 and mineralized intervals in the South-West Extension area of the Hat Deposit. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8003/318915_1ca93714f4667a49_004full.jpg Geological Interpretation Hat East - H109 and H110 H109 and H110 were drilled from the same Hat East platform and were planned to test close-spaced mineralization on the east side of the Hat Deposit. The drill holes provide additional assay and geological information in an area where the Company is seeking to improve the continuity, geometry and grade distribution inputs for future block model work. H109 intersected a broad mineralized interval beginning at 60.0 metres and continuing for 541.2 metres. Within this interval, stronger mineralization occurs between 467.0 and 486.0 metres, including 13.0 metres grading 1.80% CuEq. The Company interprets this as further support for mineralization below the 2026 PEA pit shell in the Hat East area. H110 also returned broad mineralization, including 408.4 metres grading 0.20% CuEq from 38.7 metres and higher-grade intervals near the lower portion of the reported intercept, including 19.0 metres grading 1.01% CuEq and 6.0 metres grading 1.89% CuEq. Together, H109 and H110 achieved their intended purpose by adding close-spaced assay information to an important eastern part of the mineralized system. South-West Extension - H113 and H114 H113 and H114 were drilled from the South-West Extension area to add assay information in a part of the Hat Deposit where additional drilling is required to better define mineralization continuity and geometry. The Company interprets these holes as adding mineralization confirmation to the south-west area, while also providing data that may assist future modelling of the overall mineralization envelope. H113 returned 417.6 metres grading 0.23% CuEq from 24.8 metres, including 174.4 metres grading 0.31% CuEq, 82.4 metres grading 0.37% CuEq and 7.4 metres grading 1.37% CuEq. H114 returned 567.7 metres grading 0.16% CuEq from 36.3 metres, including 89.3 metres grading 0.41% CuEq and 55.0 metres grading 0.49% CuEq. These intervals are interpreted by the Company to further support mineralization in the south-west part of the Hat system; however, the final interpretation is subject to change as additional drill holes from this and other locations are received, validated and modelled. The results reported in this release are expected to be incorporated into future geological modelling after completion of standard QA/QC review and Qualified Person verification. Until an updated mineral resource estimate is completed, these results should not be interpreted as changing current mineral resource quantities, mineral resource classifications, pit geometry or project economics. Table 2: Drill Hole Locations and Orientations DDH IDUTM-East (m)UTM-North (m)Elevation (m)Dip (deg)Azimuth (deg)Max Depth (m) H1093484186453987982-69.6227687 H1103484186453987982-69.21273576 H1133473376453725950-67.0230502 H1143473376453725650-87.910605.7 Coordinates are reported in NAD83 / UTM Zone 9N. Quality Assurance and Quality Control Hat Project drill cores are processed at Doubleview's field camp where they are photographed, measured and logged by technical staff and then divided using a diamond-bladed saw. One half is placed in a secure sample bag and forwarded to the independent analytical laboratory. The remaining half core is stored on site where it is available for further examination and sampling. Samples are subject to a chain-of-custody routine as they are shipped from camp to a bonded carrier for delivery to the laboratory. All core samples are prepared and analyzed at AGAT Laboratories in Calgary, an independent ISO 17025 and ISO 9001 certified facility. Samples are dried, crushed to 70% passing 2 mm, split to obtain a 250 g representative portion, and pulverized to 85% passing 75 micrometres. Gold, platinum and palladium are assayed by 30-50 g fire assay with ICP-OES finish. Multi-element analyses are performed by four-acid digestion with ICP-OES/MS, with ore-grade assays applied where required. Selected samples are further analyzed for whole-rock oxides using lithium borate fusion with ICP-OES, and loss on ignition is determined separately. Routine quality assurance protocols include insertion of blanks, duplicates and certified reference materials. Qualified Person Erik Ostensoe, P.Geo., a consulting geologist and Doubleview's Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the technical contents of this news release. Mr. Ostensoe is not independent of Doubleview as he is a shareholder of the Company. About Doubleview Gold Corp. Doubleview Gold Corp. is a mineral resource exploration and development company headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX Venture Exchange (TSXV: DBG), OTCQX (DBLVF) and Frankfurt Stock Exchange (FSE: 1D4). Doubleview focuses on identifying, acquiring and advancing precious and base metal exploration projects, with a strong emphasis on British Columbia and on critical minerals including copper, cobalt and scandium. About the Hat Polymetallic Deposit The Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with copper, gold, cobalt, silver and scandium mineralization. The Company continues to advance the Hat Project through exploration drilling, metallurgical studies, environmental and engineering work, and technical studies required for responsible project advancement. On behalf of the Board of Directors, Farshad Shirvani President & Chief Executive Officer For further information, please contact: Doubleview Gold Corp. Vancouver, BC Farshad Shirvani, President & CEO T: 604.678.9587 E: [email protected] Cautionary Note Regarding Forward-Looking Information Certain statements in this news release constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, statements regarding future drilling, future assay results, geological modelling, potential future mineral resource estimate updates, future engineering studies, potential changes to resource confidence, and the potential significance of the drill results reported in this release. Forward-looking information is based on the Company's current expectations, estimates, forecasts and assumptions, which are subject to risks and uncertainties that may cause actual results or events to differ materially from those expressed or implied by such forward-looking information. These risks include exploration risks, assay and interpretation risks, geological modelling uncertainty, permitting and environmental risks, operational risks, market conditions, commodity prices, financing availability, and other risks associated with mineral exploration and development. Readers are cautioned not to place undue reliance on forward-looking information. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise forward-looking information. NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
  4. FinanceAmid Mounting Global Health Crises, World Health Summit Closes in Berlin with New CommitmentsThe World Health Summit 2026 concluded with new funding commitments, research findings, and initiatives. Under the theme "From Crisis to Resilience: Innovating for Health," the Summit convened more than 4,000 on-site participants from 130 countries and territories, generated over 50,000 livestream views, and featured more than 400 speakers, including 20 ministers and state secretaries, across 76 sessions.
  5. FinanceOpenWorld (NASDAQ: OPNW) Signs Term Sheet to Finance and Operate a Solar-Powered AI Computing Network Built on Tesla Powerwall BatteriesCompanies: TeslaOpenWorld, Inc. ("OpenWorld" or the "Company") (NASDAQ: OPNW), an innovation company advancing global real-world asset ("RWA") tokenization, today announced that it has entered into a non-binding term sheet with Meridian to establish a tokenized financing program of up to $[1] billion to fund the purchase and deployment of a distributed AI computing network powered by solar energy and Tesla Powerwall battery storage. Under the term sheet, OpenWorld will serve as advisor, structuring agent and services provider for the program, and its OpenWorld Enterprise platform will finance, coordinate and monitor the network. Key Highlights Up to $1 billion in tokenized financing: OpenWorld structures and administers the tokenized financing program on OpenWorld Enterprise. Tesla Powerwall batteries, solar panels and AI computing equipment serve as collateral within the structure. Exclusive Tesla Powerwall inventory: Meridian holds exclusive rights to a reserved inventory of Tesla Powerwall systems that qualified for federal clean-energy tax credits before those credits were discontinued. [The inventory covers more than 160,000 Powerwalls, enough to support approximately 80,000 homes.] Initial deployment of 10,000 homes: [GPU-equipped computers at participating homes, with larger installations at local schools, hospitals and commercial campuses.] AI inference without new data centers: AI providers pay to run trained models on the network with no new centralized data-center sites, no additional grid interconnections and no water-based cooling. The program is intended to supply capacity to one or more leading AI inference providers. Hosts get paid: Homeowners receive monthly hosting payments and lower-cost electricity, with household energy needs taking priority over computing workloads. Commercial hosts receive a share of site revenue and backup power. Timeline: Test installations scheduled to begin in the fourth quarter of 2026; first commercial site targeted for the first quarter of 2027. Builds on the BeyondAI transaction: Follows last week's proposed transaction with BeyondAI, which would transform BeyondAI’s industrial AI intellectual property rights into financeable collateral on OpenWorld’s tokenization platform. Solving the Power Problem in AI Infrastructure Access to power is a growing constraint on AI infrastructure. New data centers face lengthy grid interconnection timelines, local opposition and significant water demands. The planned network of home-hosted, distributed AI inference computing would place GPU-equipped computers at participating homes and larger installations at local schools, hospitals and commercial campuses, each powered by on-site solar generation and Tesla Powerwall storage. AI providers would pay to use this computing capacity for inference, the process of running trained AI models, without requiring new centralized data-center sites, additional grid connections or water-based cooling. Participating homeowners would receive monthly hosting payments and lower-cost electricity, with household energy needs taking priority over computing workloads. Commercial hosts would receive a share of site revenue and backup power. How the Program Works Meridian, a privately held Delaware limited liability company, specializes in optimizing tax credits for Tesla Powerwall systems and holds exclusive rights to a reserved inventory of Powerwall systems that qualified for federal clean-energy tax credits before those credits were discontinued. [The inventory covers more than 160,000 Powerwalls, enough to support installations at approximately 80,000 homes. The program’s initial deployment is planned for 10,000 homes.] Under the term sheet, OpenWorld will serve as advisor, structuring agent and services provider for the financing program. OpenWorld will establish and administer the tokenized financing structure on its OpenWorld Enterprise platform. The financing would support Meridian’s purchase and deployment of Tesla Powerwall batteries and associated AI computing equipment, as well as the purchase by OpenWorld or a subsidiary of solar panels, all of which would serve as collateral within the structure. OpenWorld is also developing an integrated system to power and operate each installation. The OpenWorld Enterprise platform will coordinate computing workloads across the network, monitor equipment performance and provide investors with reporting on the underlying assets. The program is intended to supply computing capacity to one or more leading AI inference providers. Test installations are scheduled to begin in the fourth quarter of 2026, with the first commercial site targeted for the first quarter of 2027. Management Commentary “Access to power is becoming the major constraint on the growth of AI infrastructure,” said Matt Shaw, CEO and Chairman of OpenWorld. “By bringing computing equipment to homes and commercial properties through solar generation and Tesla Powerwall storage, we can build AI capacity closer to the power source instead of waiting years for a grid connection. Our term sheet with Meridian brings together the tokenization, financing and operating capabilities needed to develop this network at scale, and it shows what OpenWorld Enterprise is built to do: turn real-world assets into financeable, on-chain infrastructure.” “Meridian’s rights to a large inventory of tax-qualified Tesla Powerwall systems provide the critical foundation for this program,” said Josh Raffaelli, founder of Meridian and clean energy investor. “OpenWorld will help us finance the equipment and manage the network, turning solar generation and battery storage at participating properties into infrastructure that can serve growing demand for AI computing.” If a transaction is consummated, Mr. Raffaelli is expected to join OpenWorld’s board of directors. Certain officers and directors of OpenWorld hold interests in Meridian; additional information regarding these relationships is included in the Company’s Current Report on Form 8-K. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “expected,” “would,” “will,” “anticipate,” “intend,” “plan” and similar expressions are intended to identify forward-looking statements. These include statements about the proposed engagement, the size, timing and structure of the financing program, the Distributed Inference Program, anticipated offtake arrangements and tax credit treatment. These statements are subject to risks and uncertainties that could cause actual results to differ materially. Those risks include failure to execute definitive agreements, market conditions, regulatory developments affecting tokenized securities, tax law changes and the risks described in OpenWorld’s Annual Report and Quarterly Reports filed with the SEC, including under the heading titled “Risk Factors.” OpenWorld undertakes no obligation to update these statements except as required by law. Tesla and Powerwall are trademarks of Tesla, Inc. Tesla, Inc. is not a party to the term sheet described in this release. No Offer or Solicitation This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. About OpenWorld OpenWorld, Inc. (NASDAQ: OPNW) is a technology-powered digital assets and blockchain innovation company that co-architects and takes principal positions in enterprise blockchain initiatives alongside sovereign governments, institutional partners and major enterprises. Since its founding in 2023, OpenWorld has advised on projects representing over $66 billion in aggregate network value and supported more than 20 companies backed by leading global venture firms, including a16z, Multicoin Capital, Dragonfly and Founders Fund. OpenWorld’s capabilities span real-world asset tokenization, stablecoin infrastructure, capital markets advisory, governance structuring and public markets strategy, with active engagements across the United States, Gulf, Europe, Southeast Asia and Africa. To learn more, visit openworld.dev and follow OpenWorld on X at [@_openworld]. About Meridian Meridian is a privately held Delaware limited liability company that specializes in optimizing federal clean-energy tax credits for Tesla Powerwall systems and holds exclusive rights to a reserved inventory of tax-credit-qualified Powerwall systems. Contacts Investors [email protected] Media Gasthalter & Co. Phone: (212) 257-4170 Email: [email protected]
  6. FinanceProgressive Reports September 2026 ResultsThe Progressive Corporation (NYSE:PGR) today reported the following results for the month and quarter ended September 30, 2026:
  7. FinanceLD MicroInuvo to Present at the 20th Annual LD Micro Main EventInuvo (NYSE American: INUV) announced today that it will participate in the 20th Annual LD Micro Main Event, taking place October 19-21, 2026 at the Luxe Sunset Boulevard Hotel in Los Angeles, California. Inuvo is scheduled to present on Tuesday, October 20, 2026 at 9:00 AM PT. CEO Rob Buchner, CFO Derric Ciccone, and CAO Aleesha Parris will represent the company. Presentation DetailsEvent: LD Micro Main...
  8. FinanceKaplan Fox Advises Beta Bionics, Inc. (NASDAQ: BBNX) Investors of a Securities Class Action Deadline on November 3, 2026Kaplan Fox announces a securities class action against Beta Bionics (NASDAQ: BBNX) for investors from July 30, 2025 to Feb. 24, 2026.
  9. FinanceDLocal LimiteddLocal to Report Third Quarter 2026 Financial ResultsDLocal Limited (NASDAQ: DLO, “dLocal” or the “Company”), the leading cross-border payment platform connecting global merchants to emerging markets, intends to release financial results for its third fiscal quarter ended September 30, 2026 on November 12, 2026 after market close.
  10. FinanceSchall, Brown & Schwartz LLPPZZA Investors Have Opportunity to Lead Papa John's International, Inc. Securities Fraud Lawsuit with SBS LawSchall, Brown & Schwartz LLP ("SBS"), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Papa John's International, Inc. ("Papa John's" or "the Company") (NASDAQ: PZZA) for violations of §§10(b) and...
  11. FinanceGenpactGenpact Launches Agentic Accounts Receivable Suite to Optimize Cash Flow and Working CapitalGenpact's latest finance and accounting (F&A) Agentic Solution helps reduce past due receivables and increase touchless cash applications — Genpact (NYSE: G), the Agentic Operations company, today announced the general availability of the Genpact...
  12. FinanceCentury Therapeutics, Inc.Century Therapeutics to Attend 2026 Jefferies Global Healthcare Conference in LondonCentury Therapeutics, Inc. (‘Century’, NASDAQ: IPSC), a biotechnology company developing induced pluripotent stem cell (iPSC)-derived cell therapies for type 1 diabetes (T1D) and other autoimmune diseases, today announced that the company will attend the upcoming 2026 Jefferies Global Healthcare Conference in London on November 18, 2026.