CORRECTION: The Now Corporation (OTC: NWPN) Releases April 2025 Newsletter Showcasing EV Infrastructure Expansion and Vintage Fashion Revival
PASADENA, Calif., April 24, 2025 (GLOBE NEWSWIRE) -- The Now Corporation (OTC: NWPN), a diversified holding company focused on sustainable innovation, is excited to announce the publication of its April 2025 newsletter. The latest edition highlights major advancements in electric vehicle (EV) infrastructure and the continued evolution of its vintage fashion subsidiary.
The Now Corporate April 2025 Newsletter
Major Highlights Include:
EV Charging Project in Carson, CA
Green Rain Energy, a subsidiary of The Now Corporation, has been selected to lead the development of a cutting-edge EV charging site at 23315 Main Street in Carson, California. Located within proximity to the Dignity Health Sports Park—one of the venues for the 2028 Olympic Games—this project aims to support increasing EV demand and regional sustainability efforts.
The Now Corporation (OTC: NWPN) Through Its Subsidiary Green Rain Energy Announces New Details For Its EV Charging Project In Carson, CA
Strategic Collaboration in Rochester, NY
Green Rain Solar Inc. has also partnered with Chronical Electric and Rochester Gas and Electric (RG&E) to bring high-speed EV charging and battery storage solutions to Rochester, New York. This joint effort underscores The Now Corporation's mission to advance clean, accessible energy infrastructure.
The Now Corporation (OTC: NWPN) and Green Rain Solar Inc. Partner with Chronical Electric to Bring High-Speed EV Charging and Battery Storage to Rochester, NY
Reviving American Heritage through M Love Vintage Holdings Inc.
The newsletter also spotlights M Love Vintage Holdings Inc., the company's fashion subsidiary, which is reviving iconic Americana through the timeless styles of Chuck's Vintage. This effort marks a new era for the brand, celebrating its legacy while embracing a modern, luxurious approach to vintage wear.
M Love Vintage Holdings Inc. Embarks on New Era of Luxury Vintage Fashion Under The Now Corporation
About The Now Corporation:
The Now Corporation is committed to acquiring and developing sustainable technologies across industries such as renewable energy, electric mobility, and advanced manufacturing. Through its subsidiaries, including Green Rain Solar Inc. and M Love Vintage Holdings Inc., the company strives to deliver impactful innovation.
Stay updated and read the full newsletter at www.GreenRainEnergy.com
Legal Notice Regarding Forward-Looking Statements
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward- looking in nature and subject to risks and uncertainties. This includes the possibility that the business outlined in this press release may not be concluded due to unforeseen technical, installation, permitting, or other challenges. Such forward-looking statements involve risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of The Now Corporation to differ materially from those expressed herein. Except as required under U.S. federal securities laws, The Now Corporation undertakes no obligation to publicly update any forward-looking statements as a result of new information, future events, or otherwise.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aa807ee3-5e38-4ca7-9ab3-3f1e90715dbe
X: https://x.com/TheNow_Corp
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Winnipeg Free Press
an hour ago
- Winnipeg Free Press
Tariffs costs pushing many Manitoba small businesses to edge: CFIB survey
More than one-third of Manitoba small businesses are at risk of closure over the next year if nothing changes in the United States-Canada trade war, the Canadian Federation of Independent Business is warning. The national organization launched a still-active survey Aug. 8. Preliminary results show, of the 1,721 Canadian respondents, 62 per cent are seeing tariff-related higher expenses. Eighty-five Manitoba businesses had participated by the CFIB's Wednesday release. Twelve per cent said their business couldn't sustain the increased tariff costs past six months. Canada and the U.S. have placed a slew of tariffs on each other's imports. Among them are 25 per cent levies on $59.8 billion worth of U.S. goods entering Canada. The move came in retaliation to American tariffs. 'It's exceptionally hard for small businesses who don't really have the capacity to absorb some of these increased costs,' said Brianna Solberg, CFIB director of legislative affairs for the Prairies and northern Canada. Another 23 per cent of Manitoba respondents said they couldn't sustain business past a year with current tariff increases. Some CFIB members have raised their own prices, Solberg said. 'That makes things really tough … consumer demand is already low,' she added, noting many have delayed expansion plans. Retailers including Milieu Market and Northlore have shifted from American suppliers as product costs rise. Others, like robotics company Eascan Automation, have laid off staff. Layoffs in Canada's manufacturing sector have been 'substantive,' said Ryan Greer, senior vice-president of public affairs and national policy for the Canadian Manufacturers & Exporters. He's counted 40,000 Canadian manufacturing jobs lost since January. Most stem from auto production hubs in Ontario and Quebec, but Manitoba hasn't been immune, he said. Businesses are crippled by U.S. tariffs and by uncertainty leading to less consumer demand. Government programs are available, but they can't fully offset trade done with the United States, Greer relayed. 'This is a real lose-lose proposition,' he said, noting American manufacturers are also seeing declined production. 'We are very hopeful that Canada and the U.S. can reach a good deal.' Ottawa has drawn more than $1 billion in tariff revenue from import duties. The money should be funnelled to impacted small businesses, Solberg argued. Per the CFIB's preliminary findings, almost all Manitoba businesses are affected by the ongoing trade war. Eighteen per cent of the 85 respondents directly export to the United States; 44 per cent import from the country. Most buy from Canadian suppliers who source from the U.S., Solberg relayed. The end of a rule allowing low-cost packages to cross into the U.S. duty-free — called the de minimis exemption — looms on Aug. 29. It could be a 'huge blow' for Manitoba businesses, Solberg said. Twenty per cent of the CFIB's Manitoba respondents said they'd be directly impacted by the de minimis exemption's pause. Another eight per cent reported they'd be indirectly hurt. The online survey is conducted with CFIB members. Since the survey was not conducted with a random sample, no margin of error can be ascribed to the results. Gabrielle PichéReporter Gabrielle Piché reports on business for the Free Press. She interned at the Free Press and worked for its sister outlet, Canstar Community News, before entering the business beat in 2021. Read more about Gabrielle. Every piece of reporting Gabrielle produces is reviewed by an editing team before it is posted online or published in print — part of the Free Press's tradition, since 1872, of producing reliable independent journalism. Read more about Free Press's history and mandate, and learn how our newsroom operates. Our newsroom depends on a growing audience of readers to power our journalism. If you are not a paid reader, please consider becoming a subscriber. Our newsroom depends on its audience of readers to power our journalism. Thank you for your support.
Cision Canada
2 hours ago
- Cision Canada
SOMA GOLD CORP. COMPLETES FINAL TRANCHE OF ITS LIFE OFFERING FOR TOTAL PROCEEDS OF $17.25 MILLION
/NOT FOR DISTRIBUTION TO U.S NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, BC, /CNW/ - Soma Gold Corp. (TSXV: SOMA) (WKN: A2P4DU) (OTC: SMAGF) ("Soma" or the "Company") is pleased to announce it has closed the second and final tranche of its previously announced non-brokered private placement (the "Offering") under the Listed Issuer Financing Exemption ("LIFE Exemption") pursuant to Part 5A of National Instrument 45-106 – Prospectus Exemptions and the further exercise of the greenshoe option. Under the second tranche, the company issued and sold an additional 1,508,260 units (each, a "Unit") at a price of CAD$1.15 per Unit, for aggregate gross proceeds of approximately CAD$1,734,500. In total, the Company has sold and issued an aggregate of 14,997,826 Units for aggregate gross proceeds of approximately CAD$17.25 million over both tranches of the Offering. Each Unit consists of one common share in the capital of the Company (each, a "Common Share") and one-half of one Common Share purchase warrant (each, a "Warrant"). Each Warrant entitles the holder thereof to acquire one additional Common Share at an exercise price of CAD$2.00 per Common Share for a period of 36 months from the date of issuance. The Warrants are subject to an Accelerated Exercise provision that stipulates that if the shares of the Company trade above $3.00 for a period of 30 days, the Warrants will expire 30 days after such date unless exercised earlier. The proceeds from the Offering will support SOMA's ongoing mill expansion efforts, installation of ore sorting infrastructure, accelerated exploration and development of the Nechi mine, and general working capital needs. "We are extremely pleased to have successfully closed this oversubscribed financing. The strong demand we received, including participation from strategic investors, gives us the flexibility to aggressively advance our growth plans while continuing to build long-term value for shareholders," said Geoff Hampson, CEO of Soma Gold Corp. In connection with the second tranche of the Offering, the Company paid an aggregate CAD$104,070 in cash commissions and issued an aggregate 90,496 finder's warrants (the "Finder's Warrants") in connection with the Offering. Each Finder's Warrant entitles the holder to acquire one additional common share at a price of $2.00 for a period of 36 months following the date of issuance. An offering document related to the Offering is available under the Company's profile on SEDAR+ and on Soma's website at The Offering remains subject to the final approval of the TSXV Venture Exchange. The Units issued have not and will not be registered under the U.S. Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption. The securities issued pursuant to the Offering have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. ABOUT SOMA GOLD CORP. Soma Gold Corp. (TSXV: SOMA) is a profitable mining company focused on gold production and exploration. The Company owns over 43 sq. kilometers of mineral concessions following the prolific OTU fault in Antioquia, Colombia and two fully permitted mills located within 25 kilometers of each other, with a combined milling capacity of 675 tpd. The El Bagre Mill operates at 450 TPD and the el Limon mill is slated to restart operations in Q3 2025. Internally generated funds are being used to finance a regional exploration program. With a solid commitment to sustainability and community engagement, Soma Gold Corp. is dedicated to achieving excellence in all aspects of its operations. The Company also owns an exploration property near Tucuma, Para State, Brazil that is currently under option to Ero Copper Corp. On behalf of the Board of Directors "Geoff Hampson" Chief Executive Officer and President Reader Advisory & Forward-Looking Information This news release contains "forward-looking statements" within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and are often, but not always, identified by words such as "anticipate," "believe," "expect," "intend," "plan," "continue," "estimate," "may," "will," "should," "could," or similar expressions and include statements regarding: the closing of the Offering; the receipt of all necessary regulatory approvals, including TSX Venture Exchange approval and the anticipated use of proceeds. Forward-looking statements are based on the Company's current expectations and assumptions, including expectations and assumptions concerning the prevailing market conditions, availability of capital resources, and other factors that management believes are reasonable in the circumstances. However, forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those anticipated in such statements. These risks include, but are not limited to: the failure to receive necessary approvals; use of funds as described; fluctuations in commodity prices and currency exchange rates; exploration, development, and operational risks inherent in the mining industry; risks related to global financial markets and economic conditions; and those risks set out in the Company's public disclosure record available at Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. 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.
Toronto Star
5 hours ago
- Toronto Star
Avante Announces Timing of Fiscal First Quarter Investor Webinar
Investor Webinar scheduled for Wednesday, August 27, 2025, at 11:00 am ET (8:00 am PT) TORONTO, Ontario, Aug. 20, 2025 (GLOBE NEWSWIRE) — Avante Corp Inc. (TSX.V: XX) (OTC: ALXXF) ('Avante' or the 'Company'), a global provider of technology enabled security solutions and services, is pleased to announce that the Company will host an investor webinar to provide a corporate update and discuss the Company's fiscal first quarter results on Wednesday, August 27, 2025, at 11:00 am ET (8:00 am PT). The call will be hosted by: Emmanuel Mounouchos, CEO, Chairman, and Founder of Avante, and Raj Kapoor, CFO of Avante.
