TORONTO, Sept. 23, 2026 (GLOBE NEWSWIRE) — Osisko Gold Group Inc. (NYSE: OGG, TSXV: OGG) (“Osisko Gold” or the “Company“) announces the pricing of its offering (the “Offering“) of US$600 million aggregate principal amount of 9.250% senior secured notes due 2031 (the “Notes“) to refinance its existing senior secured project loan facility with funds advised by Appian Capital Advisory Limited (the “Appian Credit Facility“) and advance the construction of the Cariboo Gold Project in British Columbia, Canada (the “Cariboo Gold Project“), at an issue price of 100.0%. The Offering is expected to close on September 30, 2026, subject to customary closing conditions. The Offering was upsized from the previously announced offering size of US$500 million aggregate principal amount of Notes.

The Notes will pay interest semi-annually in arrears on April 1 and October 1 of each year, commencing on April 1, 2027, and will mature on October 1, 2031. The Notes will be fully and unconditionally guaranteed by certain of the Company’s subsidiaries, which, at closing, is expected to consist of Barkerville Gold Mines Ltd., the Company’s subsidiary relating to the Cariboo Gold Project, and will be secured by a first priority lien on the Company’s and each guarantor’s property, including equity interests owned by the Company and each guarantor in their respective subsidiaries, the interest reserve account and disbursement account, as described herein, and personal and real property, subject to certain exceptions.

Osisko Gold intends to use the aggregate net proceeds from the Offering, after deducting the initial purchasers’ discounts and commissions and estimated offering expenses, to

  • repay all amounts outstanding, and terminate all commitments, under the Appian Credit Facility with approximately US$120.9 million of the net proceeds from this offering;
  • fund a segregated interest reserve account in an amount equal to the first five interest payments on the Notes; and
  • fund, with the remaining net proceeds, a segregated disbursement account with funds to be used to advance the Cariboo Gold Project.

The Notes were offered and will be sold only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the United States Securities Act of 1933, as amended (the “Securities Act“), and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act. The Notes were offered and will be sold in Canada on a private placement basis pursuant to applicable Canadian prospectus exemptions.

The offer and sale of the Notes have not been and will not be registered under the Securities Act or any state securities laws and the Notes may not be offered or sold in the United States or to U.S. persons absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall there be any offer or sale of the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful.


ABOUT OSISKO GOLD GROUP INC.

Osisko Gold Group Inc. is a continental North American gold development company focused on past producing mining camps with district-scale potential. The Company’s objective is to become an intermediate gold producer through the development of its flagship, fully permitted, 100%-owned Cariboo Gold Project, located within the Company’s broader Cariboo regional land package in central British Columbia, Canada, which hosts numerous prospective exploration targets and provides opportunities for future discoveries. Its Cariboo project pipeline is complemented by the Tintic Project, located in the historic East Tintic mining district in Utah, U.S.A., a brownfield property with significant exploration potential, extensive historical mining data, and access to established infrastructure. Osisko Gold is focused on developing long-life mining assets in mining-friendly jurisdictions while maintaining a disciplined approach to capital allocation, development risk management, and mineral inventory growth.

 
     
Sean Roosen
Philip Rabenok
 
Chairman and CEO Vice President, Investor Relations  
Email: sroosen@osiskogold.ca Email: prabenok@osiskogold.ca  
Tel: +1 (514) 940-0685 Tel: +1 (437) 423-3644  
     

CAUTION REGARDING FORWARD-LOOKING STATEMENTS

This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, as amended) (collectively, “forward-looking statements”). Such forward-looking statements, by their nature, require Osisko Gold to make certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these forward-looking statements. Such forward-looking statements are not guarantees of performance and are identified with words such as “may”, “will”, “would”, “could”, “expect”, “believe”, “plan”, “anticipate”, “intend”, “estimate”, “potential”, “propose”, “project”, “outlook”, “foresee”, “continue”, “objective”, “strategy”, variants of these words or the negative or comparable terminology, as well as terms usually used in the future and the conditional. Information contained in forward-looking statements is based upon certain material assumptions that were applied in drawing a conclusion or making a forecast or projection, including statements pertaining to: the terms of the Notes; the completion and timing of the proposed Offering; the Company’s ability to satisfy the conditions to closing of the Offering; the anticipated use of proceeds from the Offering; the ability to develop the Cariboo Gold Project and its status as being fully permitted; the Company’s objective of becoming an intermediate gold producer; and the exploration potential and potential for future discoveries (if any) of its properties; and the intention to terminate the Appian Credit Facility.

Osisko Gold considers its assumptions to be reasonable based on information currently available but cautions the reader that their assumptions regarding future events, many of which are beyond the control of Osisko Gold, may ultimately prove to be incorrect since they are subject to risks and uncertainties that affect Osisko Gold and its business. Such risks and uncertainties include, but are not limited to: the risk that the conditions to closing of the Offering are not satisfied and that the Offering is not completed; the absence of further work stoppages or suspensions at the Cariboo Gold Project; risks associated with the development and construction of the Cariboo Gold Project; risks relating to third-party approvals, including the issuance of permits by governments, favourable regulatory conditions and approvals, capital market conditions and the Company’s ability to access capital on terms acceptable to the Company for the contemplated exploration and development at the Company’s properties; the absence of unforeseen ground conditions or other geological challenges; the ability to continue current operations and exploration; regulatory framework and presence of laws and regulations that may impose restrictions on mining; errors in management’s geological modelling; the timing and ability of the Company to obtain and maintain required approvals and permits; the results of exploration activities; the availability of necessary equipment, supplies and infrastructure; risks relating to exploration, development and mining activities; the global economic climate; fluctuations in metal and commodity prices; fluctuations in the currency markets; dilution; environmental risks; and community, non-governmental and governmental actions and the impact of stakeholder actions. Readers are urged to consult the disclosure provided under the heading “Risk Factors” in the Company’s annual information form for the year ended December 31, 2025 as well as those risks and factors disclosed in the Company’s most recent financial statements and management’s discussion and analysis and other public filings filed under Osisko Gold’s issuer profile on SEDAR+ (www.sedarplus.ca) and on the SEC’s EDGAR website (www.sec.gov), for further information regarding the risks and other factors facing the Company, its business and operations. Although the Company believes the expectations conveyed by the forward-looking statements are reasonable based on information available as of the date hereof, no assurances can be given as to future results, levels of activity and achievements. The Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by law. Forward-looking statements are not guarantees of performance and there can be no assurance that these forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Readers are cautioned that the foregoing list of assumptions, risks and uncertainties is not exhaustive. The forward-looking statements contained herein are made as of the date of this news release and, except as required by applicable law, the Company undertakes no obligation to update publicly or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the 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 news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Experienced, Transformative Leader Tapped as Angi Transitions from Turnaround to Growth

DENVER, Sept. 22, 2026 (GLOBE NEWSWIRE) — Angi (NASDAQ: ANGI), a leading digital home services marketplace, today announced the appointment of Michael Steib as Chief Executive Officer, succeeding Jeff Kip. As CEO, Mr. Steib will remain a member of Angi’s board and lead Angi’s executive team, overseeing strategy and daily management of the company. As Mr. Steib assumes the CEO role, Joey Levin will transition from his role as Executive Chairman of the Board to Chairman. All changes are effective immediately.

Mr. Steib has extensive executive experience building category-leading digital products and durable business models at publicly traded companies, most recently as president and CEO of TEGNA (NYSE: TGNA), which was acquired by Nexstar Media Group at a substantial premium in March 2026. His track record of success for revitalizing brands and generating shareholder value extends across tech, commerce, and media, and he brings a focus on running extremely efficient and high velocity teams.  

“Mike is bringing enormous energy and spot-on experience to Angi. His palpable excitement for the brand and the product will be quickly apparent to Angi’s customers, and the opportunities Mike sees in our current AI landscape are invigorating,” said Joey Levin. “I expect Mike to continue his tremendous record of delivering meaningful incremental value for shareholders, several times over.” 

Prior to being president and CEO of TEGNA, Mr. Steib was CEO of Artsy, the leading online marketplace for buying and selling art globally. Previously, he was CEO of XO Group Inc., parent company of The Knot, where the company’s stock tripled under his leadership before it merged with WeddingWire Inc. At Artsy and XO Group, Mr. Steib was able to build industry-leading digital products and grow revenue and profitability metrics.

“Angi has an important mission, helping homeowners when they need it and delivering business to hard-working professionals,” said Michael Steib. “We’re going to use the revolutionary power of AI to make our products better for both, and we’re going to move with urgency. I see real opportunities for upsides in profitability in the near-term and I look forward to working with this team to build a bright future for Angi.”

Mr. Kip will serve as advisor to the company for six months to ensure a smooth transition. Mr. Levin expressed the Board’s appreciation for Mr. Kip’s leadership as CEO. “Jeff assumed leadership of Angi during a complex and challenging time across the shifting economic and digital landscapes. He played a pivotal role integrating multiple product and technology platforms globally, expanding margins and spurring growth. The Board thanks Jeff for his insight, unwavering dedication and foundational service to our company across multiple key roles and we wish him every success with all of his future endeavors,” Mr. Levin said.

About Angi Inc.
Angi (NASDAQ: ANGI) helps homeowners get home projects done well and helps home service professionals grow their businesses. Founded in 1995, Angi connects homeowners with skilled local professionals, from plumbers and electricians to remodelers and landscapers, and provides tools for researching costs, planning projects and hiring with confidence. Homeowners have turned to Angi, and our vast network of skilled home pros, for help with more than 300 million projects.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. The use of words such as “anticipates,” “estimates,” “expects,” “plans,” “intends,” “will,” “may”, “could” and “believes,” among similar expressions, generally identify forward-looking statements. These forward-looking statements include, among others, statements relating to the leadership transition, our ability to successfully manage the leadership transition, our future business, financial condition, results of operations and financial performance, our business prospects and strategy, trends in the home services industry and other similar matters. These forward-looking statements are based on the expectations and assumptions of our management about future events as of the date of this communication, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict.

Actual results could differ materially from those contained in these forward-looking statements for a variety of reasons, including, among others: (i) the continued migration of the home services market online, (ii) our ability to market our various products and services in a successful and cost-effective manner, (iii) the continued display of links to websites offering our products and services in a prominent manner in search results, (iv) our ability to expand our pre-priced offerings while balancing the overall mix of service requests and directory services on Angi platforms, (v) our ability to establish and maintain relationships with quality and trustworthy Pros, (vi) our continued ability to develop and monetize versions of our products and services for mobile and other digital devices, (vii) our ability to access, share and use personal data about consumers, (viii) our continued ability to communicate with consumers and Pros via e-mail (or other sufficient means), (ix) our ability to continue to generate leads for Pros given changing requirements applicable to certain communications with consumers, (x) any challenge to the contractor classification or employment status of our Pros, (xi) our ability to compete, (xii) adverse economic events or trends (particularly those that impact consumer confidence and spending behavior), (xiii) our ability to maintain and/or enhance our various brands, (xiv) our ability to protect our systems, technology and infrastructure from cyberattacks and to protect personal and confidential user information (including credit card information), as well as the impact of cyberattacks experienced by third parties, (xv) the occurrence of data security breaches and/or fraud, (xvi) increased liabilities and costs related to the processing, storage, use and disclosure of personal and confidential user information, (xvii) the integrity, quality, efficiency and scalability of our systems, technology and infrastructures (and those of third parties with whom we do business), (xviii) changes in key personnel, (xix) our development and use of AI and machine learning technologies and the related legal and regulatory developments, (xx) various risks related to our relationship with IAC following the spin-off, (xxi) our ability to generate sufficient cash to service our indebtedness, (xxii) the impact of our current and future indebtedness on our ability to obtain additional financing and pursue other business opportunities and (xxiii) certain risks related to ownership of our Class A common stock.

Certain of these and other risks and uncertainties are discussed in Angi Inc.’s filings with the Securities and Exchange Commission (the “SEC”), including the most recent Annual Report on Form 10-K filed with the SEC on February 20, 2026, and subsequent reports that Angi Inc. files with the SEC. Other unknown or unpredictable factors that could also adversely affect Angi Inc.’s business, financial condition, and results of operations may arise from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those expressed in any forward-looking statements we may make. Except as required by law, we undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this communication.

CONTACT: Contact Information
Angi Corporate Communications
Jennifer Myers
(303) 963-8352

Angi Investor Relations
Sophia Nam, Julie Hoarau
(720) 282-1958

CALGARY, Alberta, Sept. 22, 2026 (GLOBE NEWSWIRE) — Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG), announced today the preliminary results of its substantial issuer bid (the “SIB”), pursuant to which CMG offered to purchase for cancellation a number of its common shares (“Shares”) for an aggregate purchase price not to exceed C$20 million at a purchase price of not less than C$4.00 and not more than C$4.50 per Share. The SIB expired at 5:00 p.m. (Eastern time) on Monday, September 21, 2026.

Preliminary Results of SIB

In accordance with the terms and conditions of the SIB and based on the Company’s preliminary calculations, CMG expects to take up and pay for approximately 4,444,444 Shares at a price of C$4.50 per Share under the SIB (the “Purchase Price”), representing an aggregate purchase price of approximately C$20 million and approximately 5.7% of the total number of CMG’s issued and outstanding Shares before giving effect to the SIB and on a non-diluted basis.

Based on the preliminary calculations of Olympia Trust Company (the “Depositary”) as depositary for the SIB, approximately 4,657,844 Shares were tendered to the SIB pursuant to auction tenders and purchase price tenders, of which it is anticipated that 3,933,678 Shares (approximately 84%) will be taken up and purchased. In addition, approximately 8,966,715 Shares were tendered pursuant to proportionate tenders, of which it is anticipated that approximately 510,766 Shares will be taken up and purchased.

None of CMG’s directors or executive officers participated in the SIB. EdgePoint Investment Group Inc., which held approximately 30.8% of the Shares before giving effect to the SIB, did not tender any Shares to the SIB.

Since the SIB was oversubscribed, shareholders who made auction tenders at or below the Purchase Price and shareholders who made, or were deemed to have made, purchase price tenders will have the number of Shares purchased prorated following the determination of the final results of the SIB (other than “odd lot” tenders, which are not subject to proration). CMG currently expects that shareholders who made auction tenders at or below the Purchase Price and purchase price tenders will have approximately 84% of their successfully tendered Shares purchased by CMG.

Shareholders who made valid proportionate tenders will have such number of Shares purchased by CMG as would permit such shareholders to maintain their same Share ownership percentage as existed prior to completion of the SIB (subject to rounding to avoid the purchase of fractional Shares).

After giving effect to the SIB, CMG expects to have approximately 73.6 million Shares issued and outstanding.

The number of Shares expected to be purchased, the proration factor, the Purchase Price and the aggregate purchase price referred to above are preliminary and remain subject to verification by the Depositary. Upon take up and payment of the Shares purchased, CMG will release the final results, including the final proration factor. Payment for the Shares accepted for purchase will be made in accordance with the terms of the Offer and applicable law.

The full details of the SIB are described in the offer to purchase and issuer bid circular dated August 14, 2026, as well as the related letter of transmittal and notice of guaranteed delivery, copies of which were filed and are available under our profile on SEDAR+ at www.sedarplus.ca. CMG has engaged National Bank Financial Inc. to act as the financial advisor and dealer manager (the “Dealer Manager”) for the SIB. Any questions or requests for information regarding the SIB may be directed to the Depositary, at 1-833-684-1546 (Toll Free – North America), (587) 774-2340 or corporateactions@olympiatrust.com, or to the Dealer Manager, at 1-416-524-9514.

This press release is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell Shares.

Forward-Looking Information

Certain information in this press release may constitute “forward-looking information” within the meaning of applicable securities legislation. All information contained in this press release, other than statements of current and historical fact, is forward-looking information, including statements regarding the Company’s expectations with respect to the SIB, the total number of Shares to be taken up and paid for in connection with the SIB, the total number of proportionate tender shares to be taken up, the proration factor, the Purchase Price, the aggregate purchase price for all Shares taken up, the number of Shares expected to be issued and outstanding after completion of the SIB, and other statements that are not historical facts (collectively, “forward-looking information”). Generally, forward-looking information can be identified by use of words such as “may”, “will”, “expect”, “believe”, “anticipate”, “estimate”, “intend”, “plan”, “would”, “could”, “should”, “continue”, “goal”, “objective”, “remain” and other similar terminology.

Forward-looking information is not, and cannot be, a guarantee of future results or events. Forward-looking information is necessarily based on a number of opinions, estimates, and assumptions that the Company considered appropriate and reasonable as of the date such statements are made. Although the forward-looking information contained herein is based upon what the Company believes are reasonable assumptions, actual results may vary from the forward-looking information contained herein. Certain assumptions made in preparing the forward-looking information contained herein include, without limitation, that all reported tenders were validly made and the absence of changes to applicable laws, regulations or policies affecting issuer bids. Inherent in the forward-looking information are known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements, or industry results, to differ materially from any results, performance or achievements expressed or implied by such forward-looking information. Details of these risks are described in the Company’s annual publicly filed documents, including the Annual Information Form for the year ended March 31, 2026 (which are available on the Company’s profile on SEDAR+ at www.sedarplus.ca).

Investors should not place undue reliance on forward-looking information as a prediction of actual results. The forward-looking information reflects management’s current expectations and beliefs regarding future events and operating performance and is based on information currently available to management. Although we have attempted to identify important factors that could cause actual results to differ materially from the forward-looking information contained herein, there are other factors that could cause results not to be as anticipated, estimated or intended. The forward-looking information contained herein is current as of the date of this press release and, except as required under applicable law, we do not undertake to update or revise it to reflect new events or circumstances. Additionally, we undertake no obligation to comment on analyses, expectations or statements made by third parties in respect of CMG, our financial or operating results, or our securities.

About CMG

CMG (TSX: CMG) is a global software and consulting company that combines science and technology with deep industry expertise to solve complex subsurface and surface challenges for the energy industry around the world. CMG is headquartered in Calgary, AB, with offices globally. For more information, visit www.cmgl.ca.

CONTACT: For investor inquiries, please contact:

Kim MacEachern
Director, Investor Relations
cmg-investors@cmgl.ca.

For media inquiries, please contact: marketing@cmgl.ca.

JIANGYIN, China, Sept. 22, 2026 (GLOBE NEWSWIRE) — Li Bang International Corporation Inc. (“Li Bang International”) and its subsidiaries (collectively, the “Company,” “we,” “us,” “our company,” or “Li Bang”) (Nasdaq: LBGJ), a company engaged in designing, developing, producing, and selling stainless steel commercial kitchen equipment in China, today announced the results of the Company’s September 2026 Extraordinary General Meeting (the “Meeting”), as adjourned and reconvened, held at 9:30 a.m. U.S. Eastern Time on September 22, 2026. All proposals submitted for shareholder approval at the Meeting have been approved. The shareholders have duly adopted the following resolutions:

      (1)  An ordinary resolution to increase the authorized share capital of the Company from: USD $35,000 divided into 15,750,000 Class A ordinary shares with par value of USD $0.002 each share and 1,750,000 Class B ordinary shares with par value of USD $0.002 each share, to: USD $7,000,000 divided into 3,150,000,000 Class A ordinary shares with par value of USD 0.002 each share and 350,000,000 Class B ordinary shares with par value of USD $0.002 each share, by increasing the number of authorized Class A ordinary shares by 3,134,250,000, and the number of authorized Class B ordinary shares by 348,250,000 (the “Share Capital Increase”).

     (2) A special resolution, subject to and immediately following the Share Capital Increase being effected and further subject to compliance with all further applicable requirements prescribed by sections 14, 14A and 14B of the Companies Act (Revised) of the Cayman Islands (the “Companies Act”), to approve the reduction of the par value of each authorized ordinary share of the Company (including all authorized, issued and outstanding Class A ordinary shares and Class B ordinary shares) from USD $0.002 to USD $0.00001 and to authorize the board of directors of the Company (the “Board”) to take all actions necessary or advisable to effect such change (the “Share Capital Reorganization”), specifically through the following steps:

Share Capital Reduction

                    a. the par value of each issued and outstanding class A ordinary share of USD $0.002 par value each and class B ordinary share of USD $0.002 par value each in the share capital of the Company be reduced to USD $0.00001 by cancelling USD $0.00199 of the paid-up capital on each of the issued and outstanding class A ordinary shares of USD $0.002 par value each and class B ordinary shares of USD $0.002 par value each (the “Share Capital Reduction”);

                     b. following the Share Capital Reduction, the amount deemed to be paid up on each issued and outstanding share of the Company shall be USD $0.00001;

                   c. the credit arising from the Share Capital Reduction be transferred to a distributable reserve account of the Company which may be utilized by the Company as the Board may deem fit and as permitted under the Companies Act, the Company’s memorandum and articles of association, and all relevant applicable laws, including, without limitation, eliminating or setting off any accumulated losses of the Company (if any) from time to time;

Share Capital Subdivision

                        d. immediately following the Share Capital Reduction:

  1. each authorized but unissued class A ordinary share of USD $0.002 par value each be subdivided into 200 class A ordinary shares of USD $0.00001 par value each; and
  2. each authorized but unissued class B ordinary share of USD $0.002 par value each be subdivided into 200 Class B ordinary shares of USD $0.00001 par value each (collectively, the “Subdivision”);

Share Capital Cancellation

                        e. immediately following the Subdivision, the authorized share capital of the Company be altered by the cancellation of such number of unissued class A ordinary shares of USD $0.00001 par value each and unissued class B ordinary shares of USD $0.00001 par value each that will result in the Company having authorized share capital of USD $35,000 divided into 3,150,000,000 class A ordinary shares of par value of USD $0.00001 each and 350,000,000 class B ordinary shares of par value of USD $0.00001 each (the “Cancellation”); and

Authorized Share Capital Confirmation

                        f. immediately following the Share Capital Reduction, the Subdivision and Cancellation, the authorized share capital of the Company shall be USD $35,000 divided into 3,150,000,000 class A ordinary shares of par value of USD $0.00001 each and 350,000,000 class B ordinary shares of par value of USD $0.00001 each.

      (3) Special resolutions, subject to and immediately following the Share Capital Increase and the Share Capital Reorganization being effected, to approve the adoption by the Company of an amended and restated memorandum of association (the “New MA”), substantially in the form set forth in Exhibit A in the Explanatory Statement of the Meeting, in substitution for, and to the entire exclusion of, the Company’s currently effective amended and restated memorandum of association adopted by a special resolution passed on April 30 2026, to reflect the Share Capital Increase and the Share Capital Reorganization.

      (4)  A special resolution, subject to approval of the New MA and immediately following the completion of the filings of the New MA and further subject to all necessary governmental and regulatory consents, to approve:

  1. the deregistration of the Company as an exempted company under the laws of the Cayman Islands and the continuation of the Company into the British Virgin Islands (“BVI”) as a BVI business company under the laws of BVI (the “Migration”); and
  2. the adoption, conditional upon and with immediate effect from the Migration, of a memorandum and articles of association compliant with the laws of the BVI, substantially in the form attached as Exhibit B in the Explanatory Statement of the Meeting (the “BVI MAA”), in substitution and replacement in their entirety of the Company’s then existing amended and restated memorandum and articles of association.

      (5)  An ordinary resolution, subject to approval of Proposal 4 (the Migration proposal), to approve the authorization of the Board and any director or officer and of the Company to take all actions, execute all documents and make all filings as they may deem necessary or desirable to effect the Migration, including without limitation, signing (i) the voluntary declaration for and on behalf of the Company (which shall also be sworn by a Director) including a statement of the Company’s assets and liabilities as required by the Companies Act ; (ii) as the Company has no secured creditors, an undertaking that the Company has no secured creditors; (iii) a notice of the Company’s proposed registered office address in BVI, each in connection with the Company’s application to the Registrar of Companies of the Cayman Islands for the Migration, and the authorization of the Company’s registered office service providers to notify the Registrar of Companies of the Cayman Islands of the passing of the relevant special resolutions in accordance with the Companies Act.

      (6) An ordinary resolution to approve to adjourn the Meeting to a later date or dates or sine die, if necessary, to permit further solicitation and vote of proxies if, at the time of the Meeting, the Meeting becomes inquorate or there are not sufficient votes for, or otherwise in connection with, the approval of the foregoing proposals.

The approved proposals will take effect in such sequence and subject to such conditions reviewed at the Meeting and described in the Notice and Explanatory Statement of the Meeting, including any required governmental and regulatory consents and filings.

The Meeting was held originally on September 21 at 9:30 a.m. U.S. Eastern Time, and was adjourned due to the absence of a quorum and in accordance with the adjourned-meeting provisions of Article 17.7 of the Company’s currently effective amended and restated memorandum and articles of association adopted pursuant to special resolutions of the Company passed on April 30, 2026. The ordinary shares represented in person or by proxy at this adjourned Meeting, although still less than one-third (1/3) of the outstanding ordinary shares, constituted a quorum in accordance with Article 17.7 as permitted under applicable Cayman Islands law. In this respect, the Company elected to follow home country practice in the Cayman Islands in lieu of satisfying the quorum-related requirements of Nasdaq’s Listing Rule 5620(c).

About Li Bang International Corporation Inc.

Li Bang International Corporation Inc. specializes in the development, production, and sale of stainless-steel commercial kitchen equipment under its own “Li Bang” brand in China. In addition to its product offerings, the Company provides comprehensive services from early-stage design of commercial kitchen appliances to equipment installation and after-sales maintenance. Committed to innovation and high-quality, the Company uses modern production facilities and mature procedures and strives to become a first-class commercial kitchen appliance manufacturer in China. The Company’s long-term vision is to establish itself as a household name, synonymous with the products it manufactures. For more information, please visit the company’s website at https://ir.libangco.cn.

Forward Looking Statements

Certain statements in this announcement constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may”, “could”, “will”, “should”, “would”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, “project” or “continue” or the negative of these terms or other comparable terminology. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to carefully review other factors that may affect its future performance or results in the Company’s public filings with the U.S. Securities and Exchange Commission.

CONTACTS
Li Bang International Corporation Inc.
Investor Relations Department
Email: guanli@libangco.cn

WFS Investor Relations
Email: services@wfsir.com
Phone: +1 628 283 9214

SHANGHAI, Sept. 22, 2026 (GLOBE NEWSWIRE) — FREELANDER today highlighted the intelligent technology and all-terrain capability of FREELANDER 8 ahead of its Global Brand Launch at Emirates Palace Mandarin Oriental in Abu Dhabi on 29 September. As the British Premium Intelligent All-Terrain Brand prepares to introduce FREELANDER 8 to international audiences, the brand is showcasing how its technologies respond to different driving demands, from desert and gravel environments to paved roads and everyday urban mobility.

At the core of FREELANDER 8’s all-terrain performance is the Intelligent All-Terrain System (i-ATS). Featuring nine modes, the system enables the vehicle to adapt to changing surfaces and driving conditions, extending intelligent control from everyday roads to more demanding terrain.

Static Shot of FREELANDER 8

Working alongside i-ATS, the virtual central differential lock and rear electronic limited-slip differential (e-LSD) enhance stability and traction management on challenging surfaces. Across previous product validations, FREELANDER 8 has been tested in scenarios including deserts, gravel roads, rocky terrain, steep climbs, water crossings and paved roads. Together with i-ATS, the virtual central differential lock and rear e-LSD support the vehicle’s adaptability as surfaces and driving conditions change in diverse global environments.

Beyond all-terrain driving, intelligent technology also extends to the everyday challenges of urban mobility. Super Intelligent Valet Parking (SIVP), offered in selected markets, is designed to support users across a wide range of parking scenarios, from tight urban spaces and complex surroundings to challenging weather conditions. Remote parking and vehicle summon allow users to manage parking tasks through a mobile application, while functions such as space searching and obstacle avoidance further simplify the process. Together, these features bring the principles of Smart Confidence into everyday use.

FREELANDER 8 Conquering the Desert

From desert terrain to urban parking, FREELANDER 8 leverages advanced technology to meet diverse demands of modern mobility. Its Intelligent All-Terrain System (i-ATS) adapts to shifting driving conditions, while SIVP delivers greater convenience for daily journeys. Blending British Craftsmanship, Smart Confidence and All-Terrain Freedom, FREELANDER 8 embodies Beyond the Legend — pairing all-terrain versatility with technology engineered for the real-world needs of Freedom Seekers.

About FREELANDER

FREELANDER is a British Premium Intelligent All-Terrain brand jointly developed by Chery and Jaguar Land Rover. JLR leads the design and premium DNA, while Chery brings advanced technology and global top-tier supply chain capabilities. The brand is supported by a strong global foundation, including over 5,000 employees, five strategic hubs, and fully integrated capabilities spanning design, R&D, manufacturing, and global operations.

Vincent CHEN
freelander.international@mychery.com
https://www.cheryinternational.com/

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/11768927-292d-4cb1-8ffa-f830a280aec5
https://www.globenewswire.com/NewsRoom/AttachmentNg/08917d9f-01b2-4f03-926a-6dbd3f3d06c0

DENVER, Sept. 22, 2026 (GLOBE NEWSWIRE) — InnovAge Holding Corp. (“InnovAge” or the “Company”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail, predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), today announced the pricing of an underwritten public offering of 10,000,000 shares of its common stock by investment funds affiliated with Apax Partners and Welsh, Carson, Anderson & Stowe (together, the “Selling Stockholders”) at a price to the public of $9.25 per share. The offering is expected to close on September 24, 2026, subject to the satisfaction of customary closing conditions. The Selling Stockholders have also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of InnovAge’s common stock from the Selling Stockholders at the public offering price, less underwriting discounts and commissions.

InnovAge is not selling any shares of common stock in this offering and will not receive any proceeds from the sale of shares by the Selling Stockholders, but will bear the costs associated with the sale of such shares, other than any underwriting discounts and commissions.

Barclays, Goldman Sachs & Co. LLC and Wells Fargo Securities are acting as lead book-running managers and representatives of the underwriters for the proposed offering. UBS Investment Bank, William Blair and KeyBanc Capital Markets are acting as book-running managers for the proposed offering. Academy Securities and Ramirez & Co., Inc. are acting as co-managers for the proposed offering.

The Registration Statement on Form S-3 relating to these securities has been filed with the Securities and Exchange Commission (the “SEC”) and declared effective. The offering will be made only by means of a prospectus and an accompanying prospectus supplement. Before investing, prospective investors should read the prospectus, any accompanying prospectus supplement and the documents incorporated by reference therein for more complete information. A copy of the prospectus and any prospectus supplement relating to this offering may be obtained, when available, by visiting the SEC’s website at www.sec.gov. Alternatively, copies of the prospectus and prospectus supplement relating to the offering may be obtained if you request it by contacting: Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 1-888-603-5847, or by email at barclaysprospectus@broadridge.com; Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at 866-471-2526, or by email at prospectus-ny@ny.email.gs.com; or Wells Fargo Securities, 90 South 7th Street, 5th Floor, Minneapolis, MN 55402, at 800-645-3751 (option #5), or email a request to WFScustomerservice@wellsfargo.com.

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 offer or sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

About InnovAge

InnovAge is an industry leader in providing comprehensive healthcare programs to frail, predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE). With a mission of enabling older adults to age independently in their own homes for as long as safely possible, InnovAge’s patient-centered care model is designed to improve the quality of care participants receive while reducing over-utilization of high-cost care settings. InnovAge believes its PACE healthcare model is one in which all constituencies — participants, their families, providers and government payors — “win.” As of June 30, 2026, InnovAge served approximately 8,230 participants across 20 centers in six states.

Forward-Looking Statements – Safe Harbor

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements, including statements related to the offering and expected settlement date and about our beliefs and expectations, are based on InnovAge’s management’s beliefs, as well as assumptions made by, and information currently available to, them. Forward-looking statements can be identified by words such as: “anticipate,” “continue,” “intend,” “forward,” “focus,” “plan,” “believe,” “project,” “estimate,” “expect,” “may,” “should,” “will” and other words and terms of similar meaning that do not relate strictly to historical or current facts. Because forward-looking statements are based on expectations as to future events and are not statements of fact, actual results may differ materially from those projected. Important factors that could cause actual results to differ materially from those indicated in the forward-looking statements related to the offering include risks and uncertainties related to the satisfaction of customary closing conditions; and other risk factors identified in our SEC reports, including, our most recent Annual Report on Form 10-K and any subsequent Quarterly Report on Form 10-Q or Current Report on Form 8-K, in each case, as filed with the SEC.

The forward-looking statements in this press release are made by the Company as of the date hereof and are based on information currently available to us. Except as required by law, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, whether as a result of new information, future developments or otherwise.

Investor Contact:
Ryan Kubota
RKubota@InnovAge.com

Media Contact:
press@InnovAge.com

This press release was published by a CLEAR® Verified individual.

PERTH, Australia, Sept. 22, 2026 (GLOBE NEWSWIRE) — FireFly Metals Ltd (ASX,TSX: FFM) (FireFly or the Company) is pleased to announce the release of the Technical Report required by Canadian National Instrument NI43-101 in respect of the Preliminary Economic Assessment and Mineral Resource Estimate (Technical Report) announced by the Company on 25 August 2026.

The filed Technical Report contains immaterial updates to capital expenditure for the expansion case scenario which do not impact the overall calculation of net present value (NPV) of the Green Bay Ming Mine Copper-Gold Project.

The Technical Report can be accessed on SEDAR+ at www.sedarplus.ca or on the Company’s website at https://fireflymetals.com.au/technical-reports/

This announcement has been authorised by the Board of Directors.

Contact information:

Steve Parsons
Managing Director
FireFly Metals Ltd
+61 8 9220 9030
Jessie Liu-Ernsting
Chief Development Officer
FireFly Metals Ltd
+1 416 572 2028
Paul Armstrong
Media Contact
Read Corporate
+61 8 9388 1474
     

ABOUT FIREFLY METALS LTD

FireFly Metals Ltd (ASX, TSX: FFM) is an emerging copper-gold company focused on growing the high-grade Green Bay Copper-Gold Project in Newfoundland, Canada. The project is advancing towards development, with a Preliminary Economic Assessment showing the potential for a high-grade, low-cost and long-life operation with a pathway to produce 100kt of copper per annum.

The Green Bay Copper-Gold Project is underpinned by 60.2Mt of Measured and Indicated Mineral Resources at 2.43% for 1,464Kt copper equivalent (CuEq) and 23.5Mt of Inferred Mineral Resources at 2.51% for 592Kt CuEq, prepared and disclosed in accordance with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code (2012 Edition)) and Canadian National Instrument 43-101 – Standards of Disclosure for Mineral Projects (NI 43-101).

The Company has a clear strategy to continue growing the Green Bay Copper-Gold Project through resource expansion, new discoveries and advancement towards development.

Further information regarding FireFly Metals Ltd is available on the ASX platform (ASX: FFM), the Company’s website www.fireflymetals.com.au or SEDAR+ www.sedarplus.ca.

COMPLIANCE STATEMENTS

The Green Bay Copper-Gold Project comprises the Ming Deposit and the Little Deer Deposit.

Mineral Resource Estimate – Green Bay Copper-Gold Project

The combined Mineral Resource Estimate for the Green Bay Copper-Gold Project referred to in this announcement and set out in Appendix A was first reported in the Company’s ASX announcement dated 25 August 2026, titled ‘Green Bay Copper-Gold Project, Canada Preliminary Economic Assessment and Mineral Resource Update.’

Mineral Resource Estimate – Little Deer

The Mineral Resource Estimate for Little Deer referred to in this announcement was first reported in the Company’s ASX announcement dated 29 October 2024, titled ‘Resource Increases 42% to 1.2Mt of contained metal at 2% Copper Eq.’

Metal equivalents for Mineral Resource Estimates

Metal equivalents for the combined Green Bay Copper-Gold Project Mineral Resource Estimate have been calculated at a copper price of US$10,626/t, gold price of US$3,587/oz and silver price of US$50.22/oz.   Metal equivalents for the Little Deer Mineral Resource Estimate have been calculated at a copper price of US$8,750/t, gold price of US$2,500/oz and silver price of US$25/oz. Individual Mineral Resource grades for the metals are set out in Appendix A of this announcement.

Metallurgical factors have been applied to the metal equivalent calculation. Copper recovery used was 95%. Historical production at the Ming Mine has a documented copper recovery of ~96%. Precious metal (gold and silver) metallurgical recovery was assumed at 85% based on historical recoveries achieved at the Ming Mine in addition to historical metallurgical test work to increase precious metal recoveries.

In the opinion of the Company, all elements included in the metal equivalent calculation have a reasonable potential to be recovered and sold on the basis of current market conditions, metallurgical test work, the Company’s operational experience and, where relevant, historical performance achieved at the Green Bay project whilst in operation.

Copper equivalent for the Green Bay Copper-Gold Project was calculated based on the formula:

CuEq(%) = Cu(%) + (Au(g/t) x 0.97106) + (Ag(g/t) x 0.01360).

Copper equivalent at Little Deer was calculated based on the formula:

CuEq(%) = Cu(%) + (Au(g/t) x 0.82190) + (Ag(g/t) x 0.00822).

Original Announcements

FireFly confirms that it is not aware of any new information or data that materially affects the information included in the original announcements referred to or cross-referenced in this announcement and that, in the case of Mineral Resource Estimates, all material assumptions and technical parameters underpinning the Mineral Resource Estimates in the original announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Persons’ and Qualified Persons’ findings are presented have not been materially modified from the original market announcements.

Scientific and Technical Information

Mr Juan Gutierrez, BSc, Geology (Masters), Geostatistics (Postgraduate Diploma), Group Chief Geologist at FireFly, and a Qualified Person as defined by NI 43-101, has reviewed and approved the scientific and technical disclosure contained in this announcement.

FORWARD-LOOKING INFORMATION

This announcement may contain certain forward-looking statements and projections, including statements regarding FireFly’s plans, forecasts and projections with respect to its mineral properties and programs. Forward-looking statements may be identified by the use of words such as ‘may’, ‘might’, ‘could’, ‘would’, ‘will’, ‘expect’, ‘intend’, ‘believe’, ‘forecast’, ‘milestone’, ‘objective’, ‘predict’, ‘plan’, ‘scheduled’, ‘estimate’, ‘anticipate’, ‘continue’, or other similar words and may include, without limitation, statements regarding plans, strategies and objectives.

Although the forward-looking statements contained in this announcement reflect management’s current beliefs based upon information currently available to management and based upon what management believes to be reasonable assumptions, such forward-looking statements and projections are estimates only and should not be relied upon. They are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company, which may include changes in commodity prices, foreign exchange fluctuations, economic, social and political conditions, and changes to applicable regulation, and those risks outlined in the Company’s public disclosures.

The forward-looking statements and projections are inherently uncertain and may therefore differ materially from results ultimately achieved. For example, there can be no assurance that FireFly will be able to confirm the presence of Mineral Resources or Ore Reserves, that FireFly’s plans for development of its mineral properties will proceed, that any mineralisation will prove to be economic, or that a mine will be successfully developed on any of FireFly’s mineral properties. The performance of FireFly may be influenced by a number of factors which are outside of the control of the Company, its directors, officers, employees and contractors. The Company does not make any representations and provides no warranties concerning the accuracy of any forward-looking statements or projections, and disclaims any obligation to update or revise any forward-looking statements or projections based on new information, future events or circumstances or otherwise, except to the extent required by applicable laws.

APPENDIX A

Green Bay Copper-Gold Project Mineral Resources

Ming Deposit Mineral Resource Estimate

MING
DEPOSIT
TONNES COPPER GOLD SILVER CuEq
(Mt) Grade Metal Grade Metal Grade Metal Grade
  (%) (‘000 t) (g/t) (‘000 oz) (g/t) (‘000 oz) (%)
Measured 3.5 1.5 52 0.2 20 1.3 147 1.7
Indicated 53.8 1.9 1,041 0.5 878 4.5 7,707 2.5
TOTAL M&I 57.3 1.9 1,093 0.5 899 4.3 7,853 2.4
Inferred 17.3 2.0 344 0.7 404 6.3 3,522 2.8
           
LITTLE DEER TONNES COPPER GOLD SILVER CuEq
(Mt) Grade Metal Grade Metal Grade Metal Grade
  (%) (‘000 t) (g/t) (‘000 oz) (g/t) (‘000 oz) (%)
Measured – – – – – – – –
Indicated 2.9 2.1 62 0.1 9 3.4 320 2.3
TOTAL M&I 2.9 2.1 62 0.1 9 3.4 320 2.3
Inferred 6.2 1.8 110 0.1 10 2.2 430 1.8
           
GREEN BAY
TOTAL
TONNES COPPER GOLD SILVER CuEq
(Mt) Grade Metal Grade Metal Grade Metal Grade
  (%) (‘000 t) (g/t) (‘000 oz) (g/t) (‘000 oz) (%)
Measured 3.5 1.5 52 0.2 20 1.3 147 1.7
Indicated 56.7 1.9 1,103 0.5 887 4.4 8,027 2.5
TOTAL M&I 60.2 1.9 1,155 0.5 908 4.2 8,173 2.4
Inferred 23.5 1.9 454 0.6 414 5.2 3,952 2.5
                 
  1. FireFly Metals Ltd Mineral Resource Estimates for the Green Bay Copper-Gold Project, incorporating the Ming Deposit and Little Deer Complex, are prepared and reported in accordance with the JORC Code (2012 Edition) and NI 43-101. “M&I” means Measured and Indicated.   
  2. Mineral Resources have been reported at a 1.0% copper cut-off grade.
  3. Metal equivalents for the combined Green Bay Copper-Gold Project Mineral Resource Estimate have been calculated using the CIBC long term mean commodity prices as at 1 July 2026: copper price of US$10,626/t, gold price of US$3,587/oz and silver price of US$50.22/oz. Metal equivalents for the Little Deer Mineral Resource Estimate have been calculated at a copper price of US$8,750/t, gold price of US$2,500/oz and silver price of US$25/oz.   
  4. Metallurgical recoveries have been set at 95% for copper and 85% for both gold and silver. These assumptions are made on the basis of historical production at the Ming Mine and additional metallurgical test work.
  5. Copper equivalent for the Green Bay Copper-Gold Project was calculated based on the formula: CuEq(%) = Cu(%) + (Au(g/t) x 0.97106) + (Ag(g/t) x 0.01360). Copper equivalent at Little Deer was calculated based on the formula: CuEq(%) = Cu(%) + (Au(g/t) x 0.82190) + (Ag(g/t) x 0.00822).
  6. Totals may vary due to rounding. For further details refer to the ASX announcement dated 25 August 2026, titled ‘Green Bay Copper-Gold Project, Canada Preliminary Economic Assessment and Mineral Resource Update’.

Grid Edge Device Helps Utilities Improve Advanced Grid Reliability, Advanced Outage Awareness and Integration of Distributed Energy Resources

  • Itron has launched the Riva S and Itron Riva T IEC electricity meters in the Asia Pacific region, bringing advanced metrology, high-frequency sampling and intelligence to the grid edge.
  • These grid edge devices enable utilities to build the foundation to improve low-voltage network visibility and grid flexibility today.
  • Utilities can gain greater awareness of emerging faults, transformer loading, outages and DER impacts, helping improve reliability and resilience.
  • Designed leveraging open standards and modular communications to enable multi-vendor interoperability.
  • Backward compatibility with earlier generations of Itron solutions, which preserves prior investments to help utilities de-risk grid modernization.

LIBERTY LAKE, Wash., Sept. 22, 2026 (GLOBE NEWSWIRE) — Itron, Inc. (NASDAQ: ITRI), the intelligent infrastructure provider for modern energy and water management, announced the availability of its grid edge portfolio, including Itron Riva S and Itron Riva T IEC electricity meters, for utilities in the Asia-Pacific (APAC) region. As the first Itron Gen6 network platform devices available in APAC, this launch marks a significant milestone in Itron’s expansion of Grid Edge Intelligence in the region.

The Itron Riva meters provide utilities with a practical starting point to improve visibility across the low-voltage network today and respond to the growing impact of distributed energy resources (DERs) with advanced intelligence over time. The launch builds on Itron’s more than 25-year presence in Australia, including its operations in Adelaide supporting utilities across the region.

Utilities across APAC face growing challenges from increasing behind-the-meter energy resources, accelerating electrification and changing low-voltage network conditions. For example, Australia is one of the world’s leading distributed energy markets, with approximately one in three homes equipped with rooftop solar. As DER adoption continues to grow, utilities need greater insight into low-voltage network performance, including available hosting capacity and emerging constraints that can affect reliability, voltage management and customer exports.

The Itron Riva meters serve as both grid sensors and DER control points, providing utilities with real-time visibility into grid conditions. This enhanced visibility enables earlier identification of emerging network faults and constraints, proactive management of growing DERs across the low-voltage network, and the ability to optimize operational and capital budget allocation.

By extending sensing and intelligence to the grid edge, the Itron Riva meters allow utilities to begin with advanced metering and localized grid awareness, then seamlessly expand to distributed intelligence (DI) applications as operational needs evolve, improving grid reliability, resilience and efficiency.

The Itron Riva meters extend visibility beyond energy consumption data, helping utilities detect voltage fluctuations, transformer loading issues, emerging faults and other network conditions through high-frequency sensing and edge computing capabilities.

Built on open DLMS/COSEM standards and designed to meet International Electrotechnical Commission (IEC) requirements, the meters help utilities modernize their infrastructure and maintain flexibility to integrate with existing and future technologies.

Key capabilities of the meters include:

  • Grid edge intelligence: Combines high-frequency sampling, analytics and edge computing in a single device.
  • Distributed intelligence-ready architecture: Modular DI NIC architecture decouples communications and edge processing from the meter, supporting vendor choice and deployment flexibility.
  • Distribution grid awareness: Supports detection of voltage conditions, transformer loading, emerging faults, outages and other grid events.
  • Remote operations capabilities: Supports functions such as remote disconnect, load control and automated event management, with utility-configurable options to align with operational and business requirements.
  • Open standards interoperability: Built on DLMS/COSEM standards to support integration across utility systems, devices and technologies.
  • Intelligent connectivity architecture: Built for Itron’s Gen6 network platform, the communications foundation supporting a growing ecosystem of grid edge devices and applications.
  • Cybersecurity by design: Incorporates secure firmware and platform design principles to help protect critical metering and grid operations.

“Utilities across APAC are operating and managing networks that look vastly different from what they did even a decade ago,” said John Marcolini, senior vice president of Networked Solutions at Itron. “As DER adoption accelerates and bi-directional power flows introduce new complexity, the role of the meter is evolving into an intelligent grid asset capable of providing greater visibility into conditions across the low-voltage network. The launch of the Itron Riva meters as the first Gen6 device in APAC is an important step in helping utilities translate awareness into action, today. It introduces an interoperable and modular architecture designed to help utilities preserve technology choice and expand value over time.”

“Modernization is most effective when utilities can take a phased approach without disrupting current business operations,” said Fraser Young, vice president of sales, Asia-Pacific at Itron. “With a standards-based design and distributed intelligence-ready architecture, the Itron Riva meter gives utilities a practical, lower-risk starting point for modernization. Leveraging existing AMI networks and a centralized head-end system that supports interoperability, utilities can deploy Riva meters and other distributed intelligence-enabled devices in phases, protecting existing investments while supporting a more open, interoperable utility ecosystem.”

The Itron Riva IEC electricity meter in APAC builds on Itron’s proven distributed intelligence and metering expertise worldwide. The company has shipped more than 18 million distributed intelligence-enabled meters and licensed more than 27 million distributed intelligence applications.

Availability

Initially available in Australia, New Zealand and Singapore, the Itron Riva IEC electricity meter is expected to expand to additional countries in Asia-Pacific, helping utilities modernize grid operations and respond to growing network complexity across the region. To learn more, see the Itron Riva electricity meter brochure and video as well as the Itron Riva S spec sheet and Itron Riva T spec sheet.

About Itron

Itron is transforming how the world manages energy, water and city services. Our trusted intelligent infrastructure solutions help utilities and cities improve efficiency, build resilience and deliver safe, reliable and affordable service. With edge intelligence, we connect people, data insights and devices so communities can better manage the essential resources they rely on to live and thrive. Join us as we create a more resourceful world: www.itron.com.

Itron®, Itron Logo, Riva, and Gen are trademarks of Itron, Inc in the United States and other countries and regions. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.

For additional information, contact:

Itron, Inc.

Alison Mallahan
Senior Manager, Corporate Communications
509-891-3802
PR@Itron.com

Paul Vincent
Vice President, Investor Relations
512-560-1172
Investors@itron.com

Itron, Inc.

Authorized Preferred Shares also reduced from 1.1 billion to 250 million as Frequency aligns its equity structure with its managed intelligence products and long-term capital strategy

Chicago, IL, Sept. 22, 2026 (GLOBE NEWSWIRE) — Frequency Holdings Inc. (OTC: FRQN), a technology-focused holding company building and acquiring assets across cybersecurity, managed intelligence, digital infrastructure and media, today announced a substantial reduction in the Company’s authorized share structure. Frequency has reduced its authorized common shares from 5.4 billion shares to 250 million shares and its authorized preferred shares from 1.1 billion shares to 250 million shares.

The change significantly reduces the amount of equity the Company is authorized to issue while preserving sufficient flexibility to pursue strategic acquisitions, growth capital and other transactions that management believes can create long-term value.

“Frequency is making the capital structure fit the company we are building,” said Rick Jordan, CEO of Frequency Holdings. “We do not need billions of authorized shares sitting above this company. We want enough flexibility to execute, acquire, and bring in the right capital when it makes sense, without carrying an unnecessarily large number over our heads.”

Frequency intends to continue evaluating its capitalization as the business continues to grow and to pursue financing structures based on the needs and economics of individual opportunities.

Frequency’s model combines cybersecurity-first IT infrastructure with AI systems designed to automate work, improve business processes and help small and mid-sized companies operate with greater intelligence. The Company believes this creates a larger opportunity than traditional managed IT alone. Rather than simply managing computers, networks and software, Frequency is building toward a model where its operating companies can also identify business workflows, introduce intelligent automation, secure the systems involved and manage those systems over time.

“We are building for the next phase of Frequency now,” Jordan said. “That requires capital. It requires revenue. It requires room to make moves. Reducing the authorized shares is one more piece of putting that structure where we believe it belongs, and signalling to the market and shareholders that we’re ready to hit the gas.”

Additional corporate and operating updates are expected as Frequency continues advancing its managed intelligence commercialization strategy and evaluating acquisition and strategic capital opportunities.

About Frequency Holdings Inc.

Frequency Holdings Inc. (OTC: FRQN) is a technology-focused holding company building and acquiring assets across cybersecurity, managed intelligence, digital infrastructure and media.

Through its wholly owned subsidiary ReachOut Digital Intelligence, the Company provides cybersecurity-first IT and AI solutions to small and mid-sized businesses. Frequency is developing managed intelligence offerings designed to automate business processes with AI while maintaining strong cybersecurity, compliance and governance controls.

The Company’s broader strategy combines recurring operating revenue, strategic acquisitions, AI commercialization and media distribution to build a portfolio of scalable technology assets.

Forward-Looking Statements

This press release contains forward-looking statements concerning Frequency Holdings Inc.’s strategy, future financing activities, acquisitions, managed intelligence commercialization, artificial intelligence initiatives, capital structure, strategic partnerships and other future business activities. Forward-looking statements are based on management’s current expectations and assumptions and involve risks and uncertainties that may cause actual results to differ materially from those expressed or implied. The Company cannot guarantee the completion of any acquisition, financing, commercialization milestone or other strategic initiative discussed herein. Frequency Holdings Inc. undertakes no obligation to publicly update or revise forward-looking statements except as required by applicable law.

Press Inquiries

Public Relations
pr [at] frequencyhold.com
3122888008
https://frequencyhold.com/

Expands Subsea Infrastructure Capabilities to Strengthen Connectivity Between Asia Pacific and North America

AUSTIN, Texas, Sept. 22, 2026 (GLOBE NEWSWIRE) — Digital Realty (NYSE: DLR), the world’s largest cloud- and carrier-neutral data center platform, today announced plans to develop a new cable landing station (CLS) at its LAX12 data center in Los Angeles in partnership with Assured Communications, a specialist in subsea infrastructure design and delivery. The new subsea infrastructure deployment is expected to further strengthen connectivity across Digital Realty’s Los Angeles footprint by enabling closer integration between subsea and terrestrial networks.

The new CLS is designed to provide subsea cable operators with a turnkey solution for landing and powering their systems while providing access to the robust connectivity available in the Los Angeles market through interconnection with terrestrial networks. By bringing together cable landing infrastructure, connectivity and colocation within Digital Realty’s broader platform, the CLS is expected to enable subsea customers to access a broad range of networks, cloud providers, and carriers available across Digital Realty’s Los Angeles campus.

“This development reflects our continued focus on expanding Digital Realty’s role in supporting global connectivity,” said Andy Power, President and Chief Executive Officer of Digital Realty. “By bringing together subsea landing infrastructure with our existing interconnection and data center platform, we are strengthening the intercontinental connectivity available across our Los Angeles campus and providing our customers with a more seamless and scalable environment for connecting across regions.”

“Assured Communications is supporting the design, engineering and construction of the project, drawing on its experience in subsea cable systems and landing infrastructure development. Projects like this are reshaping how global infrastructure is deployed and connected. We’re excited to help bring a new subsea cable landing station to Los Angeles to further strengthen connectivity between Asia Pacific and North America,” said Joel Ogren, Founder and Chief Executive Officer of Assured Communications.

The project is currently in development and is expected to begin supporting cables in 2028. Once complete, the CLS is expected to provide critical infrastructure to support subsea cables landing in Los Angeles, giving carriers, cloud providers, and content platforms additional routes and greater flexibility to connect between Asia Pacific and North America.

____________________________________________________________________________________
About Digital Realty
Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL®, the company’s global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx®) solution methodology for powering innovation, from cloud and digital transformation to emerging technologies like artificial intelligence (AI), and efficiently managing Data Gravity challenges. Digital Realty gives its customers access to the connected data communities that matter to them with a global data center footprint of 300+ facilities in 55+ metros across 30+ countries on six continents. To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and X.

For Additional Information

Media Contacts
Helen Bleasdale
Digital Realty
hcbleasdale@digitalrealty.com

Investor Relations
Jordan Sadler / Jim Huseby
Digital Realty
+1 (737) 281-0101
InvestorRelations@digitalrealty.com

Safe Harbor Statement
This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related the company’s development plans, subsea infrastructure and expected benefits, the company’s partnership with Assured Communications, growth in digital transformation and demand, company strategy and customer demand. For a list and description of risks and uncertainties, please see the company’s reports and other filings with the U.S. Securities and Exchange Commission. 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.

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.