Latest news with #TGC
Yahoo
2 days ago
- Business
- Yahoo
US Capital Global Facilitates $50MM Financing to Accelerate Charbone Hydrogen's North American Expansion
Global private financial group headquartered in San Francisco advises on construction facility to support Charbone's expansion of modular green hydrogen facilities in North America. About Charbone Hydrogen Corporation, and True Green Capital Management San Francisco, California, USA, June 06, 2025 (GLOBE NEWSWIRE) -- US Capital Global Securities LLC, the SEC-registered broker-dealer division of the global private financial group US Capital Global, is pleased to announce that it has acted as lead advisor and facilitator on a project finance facility of up to $50 million for Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) ('Charbone'). The financing is being provided by a private fund managed by True Green Capital Management LLC ('TGC'). Headquartered in Montreal, Charbone is a rare publicly traded pure-play hydrogen company focused exclusively on the production and distribution of green hydrogen in North America. The company is developing modular production facilities targeting 99.999% purity (Grade 5.0) hydrogen, with all output pre-sold through tier-one offtake agreements. 'We're proud to have served as lead advisor to both Charbone and TGC on this transaction,' said Charles Towle, CEO of US Capital Global Securities. 'Charbone is gaining strong momentum as demand grows for clean hydrogen solutions to decarbonize the energy grid. With key sites in development across North America, we look forward to supporting the company's continued growth. The transaction was led by Lisa Terk, Senior Vice President and a top CleanTech and Renewables banker at our global headquarters.' 'This financing marks an important milestone in executing our long-term growth strategy,' said Benoit Veilleux, CFO of Charbone. 'We are grateful to US Capital Global for their consistent support and expertise throughout this process—from structuring and investor engagement to the successful completion of legal documentation.' Hervé Touati, Managing Director at TGC, added: 'We're pleased to be financing Charbone and look forward to working together on this joint renewable clean energy initiative. We appreciate the diligence and insight of US Capital Global in bringing this opportunity to this stage.' About Charbone Hydrogen Corporation Charbone Hydrogen Corporation is an integrated green hydrogen company developing a North American network of modular production facilities while also leveraging commercial partnerships to distribute hydrogen, helium, and other industrial gases. This dual approach enhances revenue potential, reduces capital intensity, and increases flexibility. Charbone's shares trade on the TSX Venture Exchange (TSXV: CH), OTC Markets (OTCQB: CHHYF), and Frankfurt Stock Exchange (FSE: K47). Learn more at About True Green Capital Management True Green Capital Management LLC ('TGC') is a specialized renewable energy infrastructure fund manager with a focus in distributed power generation in the US and Europe. Since 2011, TGC has financed and managed clean energy assets that generate stable, low-correlated returns. Headquartered in Westport, Connecticut, TGC also maintains an office in London. Learn more at About US Capital Global Founded in 1998, US Capital Global offers a range of advanced financial solutions, including debt, equity, and investment products customized for middle-market enterprises and investors. The firm oversees direct investment funds while delivering comprehensive wealth management and investment banking services, encompassing M&A strategies and capital raising expertise. Among the notable entities within the consortium are US Capital Global Investment Management LLC, US Capital Global Wealth Management LLC, and US Capital Global Securities LLC, an SEC-registered broker-dealer and member of FINRA. To learn more, visit For more information about this transaction, please contact Lisa Terk, Senior Vice President, at or call +1 About Charbone Hydrogen Corporation, and True Green Capital Management CONTACT: Vanessa Guajardo US Capital Global +1 415 889 1010 media@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
US Capital Global Facilitates $50MM Financing to Accelerate Charbone Hydrogen's North American Expansion
Global private financial group headquartered in San Francisco advises on construction facility to support Charbone's expansion of modular green hydrogen facilities in North America. About Charbone Hydrogen Corporation, and True Green Capital Management San Francisco, California, USA, June 06, 2025 (GLOBE NEWSWIRE) -- US Capital Global Securities LLC, the SEC-registered broker-dealer division of the global private financial group US Capital Global, is pleased to announce that it has acted as lead advisor and facilitator on a project finance facility of up to $50 million for Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) ('Charbone'). The financing is being provided by a private fund managed by True Green Capital Management LLC ('TGC'). Headquartered in Montreal, Charbone is a rare publicly traded pure-play hydrogen company focused exclusively on the production and distribution of green hydrogen in North America. The company is developing modular production facilities targeting 99.999% purity (Grade 5.0) hydrogen, with all output pre-sold through tier-one offtake agreements. 'We're proud to have served as lead advisor to both Charbone and TGC on this transaction,' said Charles Towle, CEO of US Capital Global Securities. 'Charbone is gaining strong momentum as demand grows for clean hydrogen solutions to decarbonize the energy grid. With key sites in development across North America, we look forward to supporting the company's continued growth. The transaction was led by Lisa Terk, Senior Vice President and a top CleanTech and Renewables banker at our global headquarters.' 'This financing marks an important milestone in executing our long-term growth strategy,' said Benoit Veilleux, CFO of Charbone. 'We are grateful to US Capital Global for their consistent support and expertise throughout this process—from structuring and investor engagement to the successful completion of legal documentation.' Hervé Touati, Managing Director at TGC, added: 'We're pleased to be financing Charbone and look forward to working together on this joint renewable clean energy initiative. We appreciate the diligence and insight of US Capital Global in bringing this opportunity to this stage.' About Charbone Hydrogen Corporation Charbone Hydrogen Corporation is an integrated green hydrogen company developing a North American network of modular production facilities while also leveraging commercial partnerships to distribute hydrogen, helium, and other industrial gases. This dual approach enhances revenue potential, reduces capital intensity, and increases flexibility. Charbone's shares trade on the TSX Venture Exchange (TSXV: CH), OTC Markets (OTCQB: CHHYF), and Frankfurt Stock Exchange (FSE: K47). Learn more at About True Green Capital Management True Green Capital Management LLC ('TGC') is a specialized renewable energy infrastructure fund manager with a focus in distributed power generation in the US and Europe. Since 2011, TGC has financed and managed clean energy assets that generate stable, low-correlated returns. Headquartered in Westport, Connecticut, TGC also maintains an office in London. Learn more at About US Capital Global Founded in 1998, US Capital Global offers a range of advanced financial solutions, including debt, equity, and investment products customized for middle-market enterprises and investors. The firm oversees direct investment funds while delivering comprehensive wealth management and investment banking services, encompassing M&A strategies and capital raising expertise. Among the notable entities within the consortium are US Capital Global Investment Management LLC, US Capital Global Wealth Management LLC, and US Capital Global Securities LLC, an SEC-registered broker-dealer and member of FINRA. To learn more, visit For more information about this transaction, please contact Lisa Terk, Senior Vice President, at or call +1 About Charbone Hydrogen Corporation, and True Green Capital Management CONTACT: Vanessa Guajardo US Capital Global +1 415 889 1010 media@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Malaysian Reserve
7 days ago
- Business
- Malaysian Reserve
Visby Management Reiterates Superior Offer to LCL Resources
Total Cash Consideration of AUD $15 Million + 1% NSR Visby Urges Shareholders to Reject Tiger Gold Proposal MEDELLIN, Colombia, June 2, 2025 /PRNewswire/ — Visby Management LLC ('Visby'), an international mine operator with operations in Colombia, would like to reiterate its superior, binding offer to acquire the Colombian assets of Los Cerros Limited (ASX: LCL) ('LCL') and is urging LCL shareholders to vote against the proposed transaction with Tiger Gold Corporation ('TGC') at the AGM on June 9, 2025. Visby also encourages shareholders to communicate their support for Visby's proposal at the upcoming LCL public webinar to be held on June 5, 2025. Visby has submitted multiple binding offers to LCL to acquire the company's Colombian assets. In February 2025, Visby presented LCL with a superior offer and encouraged shareholders to vote against the latest TGC offer so that the company could consider it. Subsequently, 84% of shareholders at the February shareholder meeting voted against the TGC offer. Visby has since approached LCL with multiple offers superior to what TGC has offered but the LCL board has consistently refused to engage in discussions or allow shareholders to evaluate Visby's superior offers. Despite a clear message from shareholders in February, the LCL board is again recommending shareholders vote in favor of TGC at the upcoming June 9, 2025 AGM. In hopes of getting support from understandably disgruntled shareholders, LCL scheduled a webinar for June 5, 2025 to presumably persuade shareholders on the TGC sale option. Upon learning of the webinar, Visby requested the opportunity to present its offer to shareholders in this same forum. The LCL board refused Visby's offer. So that shareholders may make the most informed vote at the upcoming AGM, Visby would like to reiterate the following points: The proposed TGC transaction is an option with only AUD $1m upfront, as LCL has stated on multiple occasions, and there is no guarantee TGC will deliver on the second payment due in eight months. Despite an intentional lack of clarity from LCL's board, the TGC option does require shareholder approval. The TGC agreement may be binding, but only as long as shareholders approve it. With these points in mind, Visby would like to reiterate its binding AUD $15 million offer which includes: Upfront payment of AUD $7.5 million (proof of funds available) AUD $7.5 million on first gold pour 1% NSR Visby is an experienced mine operator which has built successful open pit gold mines in Colombia. Any shareholder who would like to discuss Visby's credentials is welcome to contact us at the email below. Given that approval of the TGC option requires shareholder approval, Visby encourages shareholders to vote in their best interest at the upcoming AGM and reject the TCG proposal so that Visby's superior option is considered. ContactPresidentRoy Ostrom IIIVisby Managementinfo@ Photo:
Yahoo
07-05-2025
- Business
- Yahoo
Wichita firm donates $10K to clear seniors' lunch debt for graduation
WICHITA, Kan. (KSNW) — A local hospitality company is helping Wichita seniors cross the graduation stage by erasing their lunch debt. On Tuesday morning, the TGC Group donated $10,000 to Wichita Public Schools Nutrition Services to cover outstanding lunch balances for high school seniors. The contribution ensures that students with unpaid meal accounts are not barred from participating in graduation ceremonies. Kansas State Fair seeking Social Media Ambassadors The check was presented at the district's School Service Center on North Hydraulic. 'We want to help out kids, we want to help children. That's part of our mission at TGC. We heard that some seniors might not be able to walk at graduation if they have a balance on their account. We wanted to do something a little different, a little outside the box,' said Sabrina Esterline, Director of Philanthropy at TGC Group. TGC Group, located in downtown Wichita, develops and manages hotels across 19 states. Committed to supporting children and families in need, the company organizes an annual coat drive, now in its tenth year, providing thousands of jackets to local kids. While this is the first time the company has paid off student meal debt, Esterline said the effort aligns with TGC's broader goal: reducing burdens on children so they can focus on their future. 'Sometimes it's just nice to help out kids in the community,' she said. 'They deserve the chance to graduate without the stress of a lunch bill hanging over them.' For more Kansas news, click here. Keep up with the latest breaking news by downloading our mobile app and signing up for our news email alerts. Sign up for our Storm Track 3 Weather app by clicking here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to KSN-TV.
Arabian Business
25-04-2025
- Entertainment
- Arabian Business
Dubai startup launches AI cloud gaming platform
Dubai-based startup The Game Company (TGC) has launched its AI-powered cloud gaming platform at Dubai AI Week. Built entirely in Dubai, the platform aligns with the Dubai Programme for Gaming 2033—a national strategy to establish the emirate as a global leader in gaming and emerging tech. TGC's platform brings more than 1,300 AAA titles directly from the cloud, making high-performance gaming accessible to anyone, on any device, without the need for costly consoles or downloads. The Game Company in Dubai Built on custom AI architecture, the platform features optimised GPU utilisation for maximum visual performance, predictive forward buffering for ultra-smooth gameplay, and cloud-agnostic integration that ensures seamless, low-latency experiences across devices. Faisal Kazim, Head of Dubai Program for Gaming 2033, said: 'Dubai AI Week is about showcasing innovation that doesn't just imagine the future, but makes it reality. The launch of TGC's cloud gaming platform highlights the power of AI to transform industries, augment human creativity, and unlock new creative economies. 'It's a proud moment to see a product of this calibre launched from Dubai, for the world.' Osman Masud, Founder and CEO of The Game Company, said, 'Gaming is not just entertainment. It is culture, economy, and infrastructure. We have built the foundation for a new generation of gaming and we are proud to launch it here in Dubai. 'Dubai gave us the platform and belief. We are proud to showcase a homegrown product that is setting a new global benchmark.' The platform has already seen strong traction during its alpha phase, with more than 43,000 registrations and 10,000 gamers onboarded. TGC is backed by key partners including Tencent Cloud, BytePlus (TikTok), Immutable and
