Author: sHq_LoGiNz
VANCOUVER, BC, June 26, 2025 /PRNewswire/ — GreenPower Motor Company Inc. (Nasdaq: GP) (TSXV: GPV) (“GreenPower” and the “Company”), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, announces the fourth tranche of its previously announced secured term loan offering for an aggregate principal amount of U.S. $200,000 (collectively, the “Loans“). Please refer to the Company’s news release dated May 13, 2025 for more details regarding the term loan offering.
The Company anticipates closing the fourth tranche of U.S. $200,000 from companies associated with the CEO and a Director of the Company (together, the “Lenders“). Management anticipates that the Company will allocate the net proceeds from the Loans towards production costs, supplier payments, payroll and working capital.
As an inducement for the Loans, the Company will issue non-transferable share purchase warrants (each, a “Loan Bonus Warrant“) to one of the Lenders, with the number of Loan Bonus Warrants to be determined by the principal amount of the applicable Loan divided by the Market Price (as such term is defined in the Policies of the TSX Venture Exchange) (the “Market Price“). Each Loan Bonus Warrant will entitle the holder to purchase one common share of the Company (each, a “Share“) at an exercise price equal to the Market Price of the Shares on the closing date for a period of twenty-four (24) months. In addition, one of the Lenders will be issued Shares (each a “Loan Bonus Share“), with the number of Loan Bonus Shares to be determined by taking 20% of principal amount of the applicable Loans divided by the Market Price.
The Lenders are each considered to be a “related party” within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101“) and each of the Loans and issuance of Loan Bonus Warrants and Loan Bonus Shares, as applicable, is considered to be a “related party transaction” within the meaning of MI 61-101 but each is exempt from the formal valuation requirement and minority approval requirements of MI 61-101 by virtue of the exemptions contained in section 5.5(a) and 5.7(a) as the fair market value, in each case, of the Loans, the Loan Bonus Warrants and the Loan Bonus Shares, as applicable, is not more than 25% of the Company’s market capitalization.
All securities issued in connection with the Loans will be subject to a statutory hold period of four months plus a day from the closing of the Initial Loan in accordance with applicable securities legislation.
For further information contact:
Fraser Atkinson, CEO
(604) 220-8048
Brendan Riley, President
(510) 910-3377
Michael Sieffert, CFO
(604) 563-4144
About GreenPower Motor Company Inc.
GreenPower designs, builds and distributes a full suite of high-floor and low-floor all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo van and a cab and chassis. GreenPower employs a clean-sheet design to manufacture all-electric vehicles that are purpose built to be battery powered with zero emissions while integrating global suppliers for key components. This OEM platform allows GreenPower to meet the specifications of various operators while providing standard parts for ease of maintenance and accessibility for warranty requirements. GreenPower was founded in Vancouver, Canada with primary operational facilities in southern California. Listed on the Toronto exchange since November 2015, GreenPower completed its U.S. IPO and NASDAQ listing in August 2020. For further information go to www.greenpowermotor.com
Forward-Looking Statements
This news release includes certain “forward-looking statements” under applicable Canadian securities legislation that are not historical facts. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. These statements generally can be identified by the use of forward-looking words such as “upon”, “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements in this news release include, but are not limited to, statements with respect to the expectations of management regarding the use of proceeds of the Loan. Although the Company believes that and the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including that the proceeds of the Loan may not be used as stated in this news release, and those additional risks set out in the Company’s public documents filed on SEDAR+ at www.sedarplus.ca and with the United States Securities and Exchange Commission filed on EDGAR at www.sec.gov. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, 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 release. ©2025 GreenPower Motor Company Inc. All rights reserved.
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SOURCE GreenPower Motor Company
Income qualified customers can now join other residential and business customers in participating in Michigan’s renewable energy future
JACKSON, Mich., June 26, 2025 /PRNewswire/ — Consumers Energy today announced major progress in its milestone commitment to expanding customer renewable energy options to more Michiganders. Michigan’s largest energy provider launched “Green Giving” earlier this year. The one-of-a-kind program allows everyone to contribute to our sustainable energy future.
“Green Giving” saves income qualified customers money and provides access to the financial and environmental benefits from renewable energy projects with the help of community sponsored dollars. It means that regardless of income or location, customers can count on Consumers Energy and each other to be part of our energy future.
“Green Giving is a game-changer! We’re thrilled to empower our most vulnerable customers with access to sustainable energy products which will enable cost savings. Together, we’re making Michigan’s energy future brighter for everyone,” said Lauren Snyder, Consumers Energy’s senior vice president, chief customer and growth officer.
Here’s how it works:
- The company utilizes sponsored dollars from those wanting to help fund low-income customer subscriptions tied to our projects.
- Consumers Energy, alongside our community-based organization agency partners, enrolls eligible customers to subscribe to renewable resources.
- Those resources then generate clean electricity, which is sold back into the grid.
- Then, the value we receive from renewable energy sales, gets passed along to those customers enrolled in “Green Giving” through a direct line-item credit on their bills of $10–$20/month.
Whether you’re a homeowner or a renter, anyone with an income of 200% or lower of the federal poverty level Consumers Energy is working to get you enrolled in programs that will help you reduce your energy use, save money, and protect the planet.
Consumers Energy so far has enrolled over 2,828 customers in the program through its My Personalized Offerings tool and automatic enrollment for eligible customers. Of those enrollments, nearly 12% are in environmental justice communities, which are those communities identified as most in need. Consumers Energy is working to expand eligibility for the program in the future to serve even more Michiganders.
Based on enrollments to date, 7,739 MWh of clean energy will be generated for the program, which, based on EPA calculations is equal to:
- 320,132,988 smartphones charged
- 1,590 tons of waste recycled instead of landfilled
- 4,515 acres of U.S forests in one year
- 506,443 gallons of gasoline consumed
For those interested in participating or to see what other offerings they may be eligible for, customers can visit consumersenergy.com/myoffer.
Consumers Energy is Michigan’s largest energy provider, providing natural gas and/or electricity to 6.8 million of the state’s 10 million residents in all 68 Lower Peninsula counties.
For more information about Consumers Energy, go to ConsumersEnergy.com.
Check out Consumers Energy on Social Media
Facebook: https://www.facebook.com/consumersenergymichigan
Twitter: https://twitter.com/consumersenergy
LinkedIn: https://linkedin.com/company/consumersenergy
Instagram: https://www.instagram.com/consumersenergy
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SOURCE Consumers Energy
Volunteers at CNH’s India Technology Center are coaching students experiencing poverty to boost their confidence, professional skills and employability.
In India, as in much of the world, the promise of education is profound. It is often regarded as a bridge to new possibilities, helping individuals rise above social and economic barriers. But the relationship between education and social mobility is complex. Students who are facing economic hardship often struggle at university.
The engineers at CNH’s India Technology Center (ITC), one of the largest R&D centers in the Company’s global network, wanted to make a difference to the academic and life outcomes of such students. In 2023, they launched Project Margdarshan (“guidance” in Hindi), a mentorship program for engineering students who are facing economic hardship. Now in its third edition, the program involves nine hours of one-to-one mentoring over the course of a year. The goal is to build the self-confidence of mentees, with coaching sessions devoted to developing communication and presentation skills, polishing CVs and conducting mock job interviews. Forty students and forty ITC volunteers took part during the 2023-24 academic year, and 45 mentees are taking part during 2024-25. The selection of mentees for the 2025-26 academic year is under way.
Read the full story here.
RESTON, Va., June 26, 2025 /3BL/ – CACI International Inc (NYSE: CACI) announced today that its President and Chief Executive Officer, John Mengucci, was named Public Company Executive of the Year by the Association of Corporate Growth (ACG) National Capital chapter. Mengucci was recognized as an industry leader and the chief architect of CACI’s unrivaled market-aligned business strategy designed to propel the company’s growth, and drive both innovation and differentiation. The recognition was awarded at a gala on June 5, 2025, in McLean, Virginia, and is based on his career achievements and growth results in calendar year 2024.
“I am deeply humbled to receive this prestigious industry recognition,” said Mengucci. “This award is a direct result of our vision to transform CACI into a mission-focused, expertise and technology company—one that invests ahead of our customers’ needs and embeds an outcome-based mindset into everything we do for the federal government.”
Under Mengucci’s leadership, CACI achieved calendar year 2024 results of $8.1 billion in revenues, and double-digit revenue growth of more than 14% at year end. The company also delivered strong profitability and drove excellent shareholder value.
“I am extremely proud of our differentiation path, which has led us to success while remaining true to our core values of character, innovation, and excellence in all we do. While our legacy spans more than 63 years, we are just getting started. Our extraordinary workforce of 25,000 resilient and dedicated employees will continue to push boundaries, solve complex challenges, and deliver unparalleled mission outcomes for our customers for years to come,” said Mengucci.
This year’s ACG awards recognized companies based in the Washington D.C. region for excellence and outstanding achievements in calendar year 2024. The Corporate Growth Awards annually honor companies and deals that have built corporate value through mergers and acquisitions, strategic partnerships, organic growth, and capital financing.
About CACI
At CACI International Inc (NYSE: CACI), our 25,000 talented and dynamic employees are ever vigilant in delivering distinctive expertise and differentiated technology to meet our customers’ greatest challenges in national security. We are a company of good character, relentless innovation, and long-standing excellence. Our culture drives our success and earns us recognition as a Fortune World’s Most Admired Company. CACI is a member of the Fortune 500™ list of largest companies, the Russell 1000 Index, and the S&P MidCap 400 Index. For more information, visit us at www.caci.com.
There are statements made herein which do not address historical facts, and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the risk factors set forth in CACI’s Annual Report on Form 10-K for the fiscal year ended June 30, 2024, and other such filings that CACI makes with the Securities and Exchange Commission from time to time. Any forward-looking statements should not be unduly relied upon and only speak as of the date hereof.
# # #
Corporate Communications and Media:
Lorraine Corcoran
Executive Vice President, Corporate Communications
(703) 434-4165, lorraine.corcoran@caci.com
At Covia, we’re dedicated to delivering innovative, sustainable solutions that support our customers and community. This year, Covia proudly celebrates the 125th anniversary of a facility that has stood the test of time and continues to set the standard in kaolin clay mining through its legacy of excellence, innovation, and commitment to people.
A Rich History Rooted in Georgia
Situated just south of Augusta, Hephzibah lies along Georgia’s fall line. This geological boundary is notable because it was a prehistoric shoreline that fell between the mountains and the ocean. Because of the ancient beachfront, the region holds the special distinction of being the only place where kaolin clay can be found in the U.S.
This geographic advantage is why mining companies flocked to the area, with Covia’s Hephzibah plant starting operation in 1900. According to Senior Plant Manager Adam Beatty, historical records documenting the site’s early clay processing activity have been handed down over time. These days, the kaolin clay mined at the Hephzibah plant is commonly used for both fiberglass and ceramic products ranging from insulation to bathroom sinks.
Precision Clay Mining with Purpose
At Hephzibah, kaolin is extracted using open-pit strip mining that requires some expertise. Kaolin clay is made up of three distinct layers – known as the form, sperse, and bond – that is found 80 or more feet below surface level. Excavators dig down and have to carefully navigate these layers to efficiently and effectively mine this material.
“You can’t just put any excavator operators out there and expect them to do what we need them to do,” Adam said. “As the excavator operator is digging, they can feel the difference between the layers. The sperse is in short supply, so we make sure that we mine it appropriately to conserve as much of it as we can.”
The different layers of clay are then blended to achieve the right chemical makeup for a product. The mix is dried from its natural 20% moisture content to less than 1% and milled into a baby-powder-like consistency. While many clay mining operations use similar equipment and processes, Hephzibah’s team emphasizes upfront chemistry testing, meticulous blending, and process control to deliver exceptional product consistency.
Mining at Hephzibah isn’t just about extraction – it’s also about stewardship. The team continually reclaims mined areas to help restore the land after they’re done working on it.
“Last year we reclaimed two areas with a total of about 30 acres, and we’ve got a couple of areas this year that we’re budgeted for,” Adam explained. “We try to be good stewards of the land and the environment.”
Safety That Starts at Home
In addition to their dedication to product consistency and environmental stewardship, the Hephzibah team highlights the plant’s outstanding safety record as a particular point of pride. In 2024, the plant celebrated 20 years without a lost-time incident, an achievement that has continued into 2025.
According to Adam, the plant’s history of safety success extends beyond policies and procedures. Veteran employees mentor newer team members, ensuring that experience and care are passed down. Monthly safety meetings are also used to do more than just cover compliance and PPE requirements. Instead, these gatherings are designed to create personal connections to safety.
“We translate everything we do to make safety meetings relevant to people’s lives at home,” Adam explains. “What safety first means to them is to be able to go home to their families, and we want to create a culture that helps them stay safe both here and when they’re not at work.”
A Legacy of Local Support
After 125 years in business, the Hephzibah plant is more than just another facility. It’s an active part of the community, with team members who have lived and worked in the region for a long time. That personal connection inspires a deep commitment to supporting the local community, such as donating equipment and resources to help out in the aftermath of Hurricane Helene in 2024.
“We don’t just work here,” Beatty added. “We live here, too. And that means giving back in every way we can.”
Since 1900, Covia’s Hephzibah plant has been a cornerstone of innovation, quality, and community in Georgia’s mineral landscape. Here’s to the generations of team members who built this legacy – and to the future we continue to shape together.