Month: April 2025

BEVERLY HILLS, Calif., April 11, 2025 /PRNewswire/ — Buscar Company (OTC: CGLD), a diversified holding company focused on natural resources and sustainable energy, today announced the acquisition of a 50% stake in Terramer, Inc., a pioneer in hemp-based bioplastics, through a strategic stock swap transaction. This move marks a significant step in Buscar’s diversification strategy, blending its expertise in resource development with cutting-edge green technology to address the global plastic pollution crisis.

Terramer, Inc. is the developer of TERBO-1000, a proprietary hemp-based bioplastic that is 100% biodegradable within 180 days and leaves no microplastic residue. With a 350,000 sq. ft. production facility capable of producing 300 million pounds annually, Terramer is poised to disrupt the $44 billion bioplastics market. The company has already secured $6.8 million in agreed purchase orders and over $80 million in signed letters of intent (LOIs) from the major household brands

Driving Sustainability Through Hemp Innovation
Under this partnership, Buscar and Terramer plan to accelerate the development and commercialization of TERBO-1000, leveraging industrial hemp to produce scalable, compostable plastics for industries including packaging, food service, automotive, and construction. The collaboration aligns with Buscar’s vision of integrating sustainable technologies into its portfolio while capitalizing on the demand for eco-friendly alternatives to petroleum-based plastics.

“Acquiring a significant stake in Terramer represents a transformative milestone for Buscar,” said Alexander Dekhtyar, CEO and Chairman of Buscar Company. “By combining Terramer’s groundbreaking bioplastic technology with our financial and operational strengths, we’re positioned to lead the charge in eliminating microplastic pollution while delivering value to shareholders and the planet.”

A Strategic Stock Swap
The transaction was executed through a stock swap, with Buscar issuing shares to Terramer stakeholders in exchange for a 50% equity position. This structure preserves cash and aligns the interests of both companies toward long-term growth. The deal also enhances Buscar’s holdings (which have been recently bolstered by a 70% surge in gold prices driving the value of its mining assets) by adding Terramer’s innovative IP and revenue-generating potential to its portfolio.

Future Plans and Market Impact
With Buscar’s support, Terramer aims to ramp up production of TERBO-1000 and expand its applications across high-impact sectors. Key initiatives include:

• Scaling production to meet growing demand from B2B clients.
• Enhancing R&D through Terramer’s AI-driven Terramer Designer Space to develop custom formulations.
• Exploring carbon credit monetization opportunities tied to TERBO-1000’s lifecycle emissions reductions.

“Partnering with Buscar accelerates our mission to redefine sustainable materials,” said Paul Leslie Smith, CEO of Terramer, Inc. “Their resources and strategic vision will help us bring TERBO-1000 to a global scale, tackling plastic pollution head-on.”

About Buscar Company
Buscar Company (OTC: CGLD) is a diversified holding company focused on natural resources and sustainable energy. Its subsidiaries include EON Discovery Inc., which manages gold mining claims in California, and now a 50% stake in Terramer, Inc. Buscar is committed to driving growth and innovation through targeted investments in high-growth industries.

About Terramer, Inc.
Terramer, Inc., is a leader in sustainable materials. It delivers TERBO-1000, a hemp-based bioplastic that biodegrades in under 180 days with zero microplastic residue. With a vertically integrated supply chain of 70+ hemp farmers and a robust client pipeline, Terramer is revolutionizing the bioplastics industry.

Forward-Looking Statements
Statements in this release may constitute “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than historical facts are “forward-looking statements.” These statements are based on management’s current expectations and projections about future events and involve risks and uncertainties that may cause actual results to differ materially. Such risks include market acceptance of TERBO-1000, regulatory challenges, production scalability, and general economic conditions. Buscar Company undertakes no obligation to update these statements unless required by law.

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SOURCE Buscar Company

TULIA, Texas, April 11, 2025 /PRNewswire/ — Vesper Energy hosted a ribbon-cutting ceremony on April 10, 2025, to celebrate the commercial operation of its flagship energy project, Hornet Solar, which is now fully operational. The event marks a major milestone not only for Vesper Energy, but also for Texas as a national leader in solar energy production.

Hornet Solar includes over 1.36 million modules and spans more than six square miles in Swisher County, Texas, making it one of the largest solar installations in the country. The project will contribute more than $100 million in new tax revenue to Swisher County and deliver 600 MWac of energy.

“Hornet Solar is a testament to how large-scale energy projects can deliver reliable, domestic power to American homes and businesses,” said Juan Suarez, Co-Chief Executive Officer at Vesper Energy. “This project isn’t just about solar panels—it’s about making energy more affordable while strengthening our nation’s energy security. With Hornet Solar fully operational, we’re helping power a community with domestically generated electricity, ensuring businesses & communities have the energy they need to grow and thrive.”

The event marked this milestone toward energy independence with guided tours of the project, speeches by Vesper executives, and networking. Attendees included:

• Michael Clawson, Swisher County Judge
• Elsa Carrasco, Swisher County Justice of the Peace
• Mike Sims, Swisher County Commissioner (Precinct 2)
• Mark Stover, Executive Director of Texas Solar and Storage Association
• Representatives from buyers of power products (offtakers)
• Vesper employees
• Landowners
• Community members

Vesper Energy began construction on Hornet Solar in the Fall of 2023 and announced that it secured $590 million in financing to further advance the project in January 2024. Since its inception, Hornet Solar has achieved several major milestones, including the installation of its one-millionth solar panel in December 2024 and the installation of its final module in January 2025.

“The scale of Hornet Solar speaks for itself—1.36 million panels, over six square miles, and 600 MW of capacity. But the real impact is what this project delivers to Swisher County: more than $100 million in new tax revenue and meaningful investments in schools, infrastructure, and healthcare,” said Zach Wald, Vice President, EPC.

Hornet Solar is generating significant economic benefits for Swisher County and the surrounding region. The project created over 300 jobs during construction and will contribute new tax revenue to essential public services, including $61 million for the Tulia Independent School District, $25 million for the County, and $12 million for the Swisher Memorial Hospital District.

ABOUT VESPER ENERGY: Vesper Energy provides innovative solutions to today’s complex energy challenges. Headquartered in Irving, Texas, Vesper Energy is comprised of professionals who have collectively delivered more than 10 GW of energy projects globally. Today, Vesper Energy’s development pipeline includes over 55 solar and energy storage assets with a generating capacity of 17 GW—enough to power more than 2 million homes. Working with their customers, communities, and business partners, Vesper Energy develops, owns, and operates energy projects across the United States with the goal of building better energy infrastructure. www.vesperenergy.com/about

CONTACTS:
Eliza Rosenthale, eliza@princetonsc.com, 609-558-3330
Aimee Brooks, aimee@princetonsc.com, 917-881-3849

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SOURCE Vesper Energy

COPENHAGEN, Denmark, April 11, 2025 /PRNewswire/ — Norne Thorning Storage ApS (“Norne”), a Fidelis New Energy, LLC company, has been awarded the Exploration License for the Thorning structure by the Danish Minister of Climate, Energy and Utilities. Norne will soon commence its exploration work program to gather the necessary information about the structure to thoroughly evaluate and confirm its suitability for safe and permanent CO2 storage. If the structure is suitable for storage, this could pave the way for storage before 2030.

Norne will be the operator of the Thorning exploration license working alongside their joint venture partner Nordsøfonden, representing the Danish state. If data acquisition and evaluation confirm that the Thorning geological structure is suitable for safe and permanent storage of CO2, then Norne and Nordsøfonden would then have the exclusive right to apply for a CO2 storage license, which will be subject to the approval of the Danish Energy Agency (“DEA”). In addition to successfully obtaining the CO2 storage license, all relevant environmental permits will be in place and all financial and safety related requirements met before the establishment of any CO2 storage facility.

“The exploration work program has been carefully designed to provide a comprehensive understanding of the deep geological structures and their ability to safely and permanently store CO2. Ross, Norne’s Exclusive Subsurface and Wells Partner and their long experience with the subsoil of Denmark has been instrumental in planning the work program, which includes extensive seismic sensors aerial surveys with minimal environmental impacts, extensive 3D seismic surveys, and exploration and appraisal wells,” said Lars Bo Christiansen, President of Norne Climate Impact.

The award of the Thorning exploration license is a major milestone for Norne. Norne has been sponsored by Fidelis New Energy, LLC since 2021 and was chosen as an EU Project of Common Interest (“PCI”) by the European Commission in 2023. Adding the Thorning structure to Norne will bring Denmark and the EU one step closer towards its decarbonization goals with the potential to offer important hard-to-abate industries an integrated solution to reduce their CO2 emissions.

“We look forward to working alongside the DEA and collaborating with Nordsøfonden to explore the CO2 storage potential of the Danish subsoil, with the hope of establishing Thorning as a safe site for CO2 storage,” said Bengt Järlsjö, Co-Founder and President of Fidelis New Energy. “This license award highlights Denmark’s leadership in decarbonization once again, aiding both Danish and European industries in their pursuit of significant carbon emission reductions. Since 2021, we have engaged actively with the Danish government, local authorities, Port of Aalborg, and industry partners throughout Denmark and Europe. Our vision has consistently centered on promoting effective and safe onshore carbon capture and storage policies, while creating efficient and cost-effective CO2 infrastructure solutions for Denmark and Europe.”

Exploration and potential development of geological storage of CO2 is important for Denmark to achieve its carbon reduction targets for 2030 and beyond. Norne’s long and engaging discussions with Danish and EU industry players that need CO2 storage to decarbonize has enabled a concept where costs and environmental impact of Danish CO2 reductions can be significantly reduced as facilities are utilized by both Danish and EU emitters. Norne enables multiple modes of delivery of CO2 to Thorning. A CO2 receiving terminal at the Port of Aalborg will make it possible to receive CO2 from Danish, Baltic and European CO2 emitters.

About Norne:
Norne, also referred to as the Norne Carbon Storage Hub, consists of CO2 receiving facilities, pipelines, and storage facilities designed for safe and permanent storage of both biogenic CO2 and CO2 from hard- to-abate industries such as cement plants. Norne aims to receive and store CO2 from Danish and European industries that have no alternatives other than carbon capture and storage to reduce their carbon emissions. For more information, visit www.norneccs.com.

About Nordsøfonden:
Nordsøfonden is the Danish State subsurface resource company, tasked with generating value for Danish society by optimising the potential of Denmark’s subsurface assets. Nordsøfonden stands on two pillars: Production of oil and gas, thus helping to assure supplies of energy and raw materials. At the same time, Nordsøfonden is the state participant in all licences for underground carbon storage, where Nordsøfonden works to ensure reduction of emissions to the atmosphere. For more information, visit www.nordsoefonden.dk.

About Fidelis:
Fidelis is an energy infrastructure company driving decarbonization through infrastructure development in low or negative-carbon intensity products and Carbon Capture & Storage. Fidelis employs proprietary technologies to address climate and energy security challenges. Headquartered in Houston, Fidelis also has an office in Copenhagen, Denmark. Learn more at www.fidelisinfra.com

About Ross Energy
Ross Energy is a Danish full-service well management and subsurface company with 30 years of experience. The company delivers successful well engineering and well management projects across Denmark and Northern Europe, including carbon storage. By applying oil & gas expertise to geothermal and CCS projects, Ross Energy helps de-risk and mature sustainable energy solutions. Their end-to-end services—from design to drilling—support safe operations and leveraging broader green transition. Learn more at www.rossenergy.dk.

Media contact: info@norneccs.com

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SOURCE Norne Climate Impact ApS

Unprecedented $20 Million Initiative Aims to Eliminate College Debt, Drive Economic Growth, and Set a New National Model for Student Success

HARTFORD, Conn., April 11, 2025 /PRNewswire/ — The Hartford Foundation for Public Giving today announces the launch of the Greater Futures Scholarship Fund, a pioneering new initiative that provides qualifying Hartford Public School students with up to $100,000 over four years to pursue higher education — without the crushing burden of student debt.

This first-of-its-kind program, developed in partnership with Hartford Promise, marks a bold investment in education, economic mobility, and Greater Hartford’s future as part of the Foundation’s 100th anniversary initiatives.

The scale of the initiative — the number of students it will support, the size of the financial investment, and the breadth of resources provided — is unlike any other program of its kind in the U.S.

With an initial $20 million investment, the Hartford Foundation will award each qualifying member of the Class of 2025 with $20,000 annually, which paired with Hartford Promise’s existing $5,000 annual scholarship award, will provide scholars with up to $25,000 per year — or up to $100,000 over four years.

More than 110 members of the Class of 2025 will receive the scholarship, with plans to expand the program to support as many as 500 students annually.

“Every student deserves the freedom to choose their own future without being held back by financial barriers,” said Jay Williams, President and CEO of the Hartford Foundation. “The Greater Futures Scholarship Fund is more than just tuition assistance — it’s a comprehensive support system that will change lives, strengthen communities, and serve as a national model for education-driven economic transformation.”

A Scholarship Unlike Any Other

In addition to significantly lowering or eliminating student debt for hundreds of future graduates annually, the Greater Futures Scholarship Fund delivers each student up to 10 years of wraparound support through Hartford Promise’s highly successful Reaching Forward, Reaching Back program. Services include:

• One-on-one coaching for academic and career guidance
• Financial assistance for books, laptops, and emergency needs
• Mental health support and wellness resources
• Soft skills training in time management, professionalism, and resume writing
• Career development including internships, mock interviews, and networking opportunities.

With a last-dollar scholarship paired with full wraparound support, the program is designed to empower students to excel in their classwork, graduate from college, and continue to develop as leaders in their communities.

Who Qualifies?

The Greater Futures Scholarship Fund is open to all Hartford Public School students who meet the following criteria:

• Hartford resident enrolled continuously in Hartford Public Schools since 9th grade.
• 93% attendance rate or higher throughout high school.
• 3.0 GPA or higher on a 4.0 scale.

An Investment in Hartford’s Future

The impact of student debt extends far beyond individual graduates — it affects families, communities, and the broader economy.

By significantly reducing or eliminating college debt, the Greater Futures Scholarship Fund will empower graduates to buy homes, start families, invest in businesses, and build wealth — without the constraints of student loans.

The new scholarship will also have tangible benefits for the city of Hartford, providing incentives for families to live in the city, send their children to city schools, and remain actively engaged in their educational journey.

“This program is truly transformative — not just for students, but for the entire city of Hartford,” said Sivan Hines, M.D., president of Hartford Promise. “It incentivizes families to stay in Hartford, strengthens our local workforce, and sets a new precedent for how philanthropy can drive economic growth.”

Join the Movement
As part of its centennial celebration in 2025, the Hartford Foundation has also launched a $10 million fundraising campaign to expand the reach of the Greater Futures Scholarship Fund. Donors and corporate partners are invited to be part of this groundbreaking initiative to ensure that every Hartford student has the freedom to dream, achieve, and succeed.

“This isn’t just about college — it’s about creating generational change that elevates all Hartford residents,” Williams said. “Together, we can break the barriers of college debt, open doors for more employment opportunities, and set a bold new standard for what’s possible when philanthropy, higher education, and policy makers work together.”

For more information on the Greater Futures Scholarship Fund or to learn how you can support this initiative, visit: https://www.hfpg.org/donors/ways-to-give/greater-futures-scholarship-fund

About the Hartford Foundation for Public Giving
The Hartford Foundation for Public Giving is the community foundation for Hartford and 28 surrounding towns. Through partnerships, the Foundation seeks to strengthen communities in Greater Hartford by putting philanthropy in action to dismantle structural racism and achieve equity in social and economic mobility. Made possible by the gifts of generous individuals, families and organizations, the Foundation has awarded grants of more than $1 billion since its founding in 1925. For more information, visit www.hfpg.org or call 860-548-1888.

About Hartford Promise
Since 2012, Hartford Promise has transformed student success with $5,000 annual scholarships and wraparound support. With one of the highest college graduation rates among first-generation and low-income students in the nation, Hartford Promise sets the standard for innovative, student-centered education solutions.

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SOURCE Hartford Foundation for Public Giving