Arch Capital Group Ltd. Announces Pricing of Cash Tender Offers to Purchase Up to a Capped Amount of Certain of Its Subsidiaries’ Debt Securities

Arch Capital Group Ltd. Announces Pricing of Cash Tender Offers to Purchase Up to a Capped Amount of Certain of Its Subsidiaries’ Debt Securities

PEMBROKE, Bermuda–(BUSINESS WIRE)–
Arch Capital Group Ltd. (NASDAQ: ACGL) (“Arch” or the “Company”) today announced the total consideration payable for the previously announced cash tender offers (the “Tender Offers”) by its wholly-owned subsidiaries, (x) Arch Capital Group (U.S.) Inc. (the “2043 Notes Offeror”) of its outstanding 5.144% Senior Notes due 2043 (the “2043 Notes”) and (y) Arch Capital Finance LLC (the “2046 Notes Offeror” and, together with the 2043 Notes Offeror, the “Offerors”) of its outstanding 5.031% Senior Notes due 2046 (the “2046 Notes” and together with the 2043 Notes, collectively, the “Notes” and each a “Series” of Notes), for an aggregate principal amount of up to $417,851,000 (the “Maximum Amount”) in the order of priority shown in the table below. Capitalized terms used in this press release and not defined herein have the meanings given to them in the Offer to Purchase, dated June 2, 2026 (the “Offer to Purchase”).

The table below sets forth, among other things, the aggregate principal amount of the Notes validly tendered and not validly withdrawn as of 5:00 p.m., New York City time, on June 15, 2026 (such date and time, the “Early Tender Deadline”) and expected to be accepted for purchase in each Tender Offer, the approximate proration factor for the Notes and the Total Consideration for the Notes, as calculated by the Dealer Managers at 10:00 a.m., New York City time, June 16, 2026 (such date and time, as the same may be extended, the “Price Determination Date”).

Title of Security

CUSIP / ISIN(1)

Original Issuer

Aggregate Principal Amount Outstanding

Acceptance Priority Level(2)

Reference U.S. Treasury Security

Bloomberg Reference Page(3)

Early Tender Premium(4)

Fixed Spread (bps)(5)

Reference Yield

Principal Amount Tendered at Early Tender Deadline

Principal Amount Expected to be Accepted

Approximate Proration Factor

Total Consideration(5)(6)

5.144% Senior Notes due 2043

 

03938JAA7 / US03938JAA79

 

Arch Capital Group (U.S.) Inc.

 

$500,000,000

 

1

 

5.00% U.S. Treasury due May 15 2046

 

FIT1

 

$50

 

+55 bps

 

4.954%

 

$218,712,000

 

$218,712,000

 

N/A

 

$960.00

5.031% Senior Notes due 2046

 

03939CAB9 / US03939CAB90

 

Arch Capital Finance LLC

 

$450,000,000

 

2

 

5.00% U.S. Treasury due May 15 2046

 

FIT1

 

$50

 

+55 bps

 

4.954%

 

$199,139,000

 

$199,139,000

 

N/A

 

$942.30

________________

(1)

 

No representation is made as to the correctness or accuracy of the CUSIP/ISIN numbers listed in this press release, the Offer to Purchase or printed on the Notes. They are provided solely for convenience.

(2)

 

The Maximum Amount of Notes that may be purchased in the Tender Offers is the aggregate amount of Notes that will not result in the Aggregate Purchase Price for Notes validly tendered and accepted for purchase pursuant to the Tender Offers exceeding the Maximum Amount. The Offerors reserve the right, in their sole discretion, subject to applicable law, to further increase or decrease the Maximum Amount, but there can be no assurance that the Offerors will do so. Notes accepted for purchase on any Settlement Date will be accepted in accordance with their Acceptance Priority Levels set forth herein (with “1” being the highest Acceptance Priority Level and “2” being the lowest Acceptance Priority Level). The Offerors will only accept for purchase Notes up to an aggregate principal amount that will not result in the Aggregate Purchase Price to exceed the Maximum Amount.

(3)

 

The Bloomberg Reference Page is provided for convenience only.

(4)

 

Per $1,000 principal amount of Notes validly tendered prior to or at the Early Tender Deadline and expected to be accepted for purchase.

(5)

 

Includes the Early Tender Premium of $50 per $1,000 principal amount of Notes for each Series (the “Early Tender Premium”) as set forth in the Offer to Purchase, which will be paid in addition to the Total Tender Offer Consideration or Late Tender Offer Consideration, as applicable.

(6)

 

The Total Consideration for the Notes validly tendered prior to or at the Early Tender Deadline and expected to be accepted for purchase is calculated using the Fixed Spread and is inclusive of the Early Tender Premium. The Total Consideration for the Notes does not include the accrued and unpaid interest, which will be payable in addition to the Total Consideration.

The Tender Offers are subject to the satisfaction of certain conditions as set forth in the Offer to Purchase; as of the date hereof, the Financing Condition described in the Offer to Purchase has been satisfied. Subject to applicable law, the Offerors may waive any and all of these conditions or extend, terminate or withdraw the Tender Offers with respect to one or more Series of Notes or further increase or decrease the Maximum Amount, including on or after the Price Determination Date. The Tender Offers are not conditioned upon any minimum amount of Notes being tendered.

Withdrawal rights for the Notes expired on the Early Tender Deadline. The Company expects to make payment on June 18, 2026 (the “Early Settlement Date”) for Notes that were validly tendered prior to or at the Early Tender Deadline and that are accepted for purchase. The Tender Offers are scheduled to expire at 5:00 p.m., New York City time, on July 1, 2026, unless extended or earlier terminated as described in the Offer to Purchase (such time and date, as it may be extended, the “Expiration Date”). Because the Notes validly tendered and not validly withdrawn prior to or at the Early Tender Deadline have an aggregate principal amount that is equal to the Maximum Amount, the Company does not expect to accept for purchase any Notes tendered after the Early Tender Deadline.

The Total Consideration listed in the table above will be paid per $1,000 principal amount of the Notes validly tendered and accepted for purchase pursuant to the Tender Offers on the Early Settlement Date. Only holders of Notes who validly tendered and did not validly withdraw their Notes prior to or at the Early Tender Deadline are eligible to receive the Total Consideration for Notes accepted for purchase. Holders will also receive accrued and unpaid interest on Notes validly tendered and accepted for purchase from the last interest payment date up to, but not including, the Early Settlement Date.

From time to time, the Offerors, the Company or any of their respective affiliates may purchase additional Notes in the open market, in privately negotiated transactions, through tender offers or otherwise, or may redeem Notes pursuant to the terms of the applicable indenture governing a Series of Notes. Any future purchases or redemptions may be on the same terms or on terms that are more or less favorable to Holders of Notes than the terms of the Tender Offers. Any future purchases by the Offerors, the Company or any of their respective affiliates will depend on various factors existing at that time. There can be no assurance as to which, if any, of these alternatives (or combinations thereof) the Offerors, the Company or any of their respective affiliates may choose to pursue in the future. The effect of any of these actions may directly or indirectly affect the price of any Notes that remain outstanding after the consummation or termination of the Tender Offer.

Notwithstanding any other provision of the Tender Offers, the Offerors will not be obligated to accept for purchase, and pay for, validly tendered Notes of any Series pursuant to the Tender Offers if the conditions set forth in the Offer to Purchase have not been satisfied, or waived by the Offeror, with respect to such Series of Notes.

Wells Fargo Securities, LLC and BofA Securities, Inc. are serving as Dealer Managers for the Tender Offers. Global Bondholder Services Corporation is the Tender and Information Agent. Persons with questions regarding the Tender Offers should contact Wells Fargo Securities, LLC at (866) 309-6316 (toll-free) or at (704) 410-4820 (collect) or BofA Securities, Inc. at (888) 292-0070 (toll-free) or at (980) 388-0539 (collect). Questions regarding the tendering of Notes and requests for copies of the Offer to Purchase and related materials should be directed to Global Bondholder Services Corporation at 212-430-3774 (banks and brokers) or 855-654-2015 (toll-free), in writing at 65 Broadway – Suite 404, New York, New York 10066 or by email at [email protected].

This press release is neither an offer to purchase nor a solicitation of an offer to sell the Notes. The Tender Offers are made only by the Offer to Purchase and the information in this press release is qualified by reference to the Offer to Purchase. There is no separate letter of transmittal in connection with the Offer to Purchase. None of the Offerors, Company, their respective board of directors or managers, the Dealer Managers, the Tender and Information Agent or the trustees with respect to any Notes is making any recommendation as to whether holders should tender any Notes in response to the Tender Offers, and none of the Offerors, the Company nor any such other person has authorized any person to make any such recommendation. Holders must make their own decision as to whether to tender any of their Notes, and, if so, the principal amount of Notes to tender.

About Arch Capital Group Ltd.

Arch Capital Group Ltd. (Nasdaq: ACGL) is a publicly listed Bermuda exempted company with approximately $26.9 billion in capital at March 31, 2026. Arch, which is part of the S&P 500 Index, provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries.

Cautionary Note Regarding Forward-Looking Statements

The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. This release or any other written or oral statements made by or on behalf of Arch Capital Group Ltd. and its subsidiaries may include forward-looking statements, which reflect the Company’s current views with respect to future events and financial performance. All statements other than statements of historical fact included in or incorporated by reference in this release are forward-looking statements.

Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe” or “continue” or their negative or variations or similar terminology. Forward-looking statements involve the Company’s current assessment of risks and uncertainties. Actual events and results may differ materially from those expressed or implied in these statements. A non-exclusive list of the important factors that could cause actual results to differ materially from those in such forward-looking statements includes the following: adverse general economic and market conditions; increased competition; pricing and policy term trends; fluctuations in the actions of rating agencies and the Company’s ability to maintain and improve its ratings; investment performance; the loss of key personnel; the adequacy of the Company’s loss reserves, severity and/or frequency of losses, greater than expected loss ratios and adverse development on claim and/or claim expense liabilities; greater frequency or severity of unpredictable natural and man-made catastrophic events, including the effect of contagious diseases on our business; the impact of acts of terrorism and acts of war; changes in regulations and/or tax laws in the United States or elsewhere; statutory or regulatory developments, including as to tax matters and insurance and other regulatory matters; ability to successfully integrate, establish and maintain operating procedures as well as integrate the businesses the Company has acquired or may acquire into the existing operations; changes in accounting principles or policies; material differences between actual and expected assessments for guaranty funds and mandatory pooling arrangements; availability and cost to the Company of reinsurance to manage our gross and net exposures; the failure of others to meet their obligations to the Company; an incident, disruption in operations or other cyber event caused by cyber attacks, the use of artificial intelligence technologies or other technology on the Company’s systems or those of the Company’s business partners and service providers, which could negatively impact the Company’s business and/or expose the Company to litigation; and the other matters set forth under ITEM 1A “Risk Factors”, Item 7 “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and other sections of our 2025 10-K, as well as the other factors set forth in our other documents on file with the SEC, and management’s response to any of the aforementioned factors.

The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with other cautionary statements that are included herein or elsewhere. All subsequent written and oral forward-looking statements attributable to us or persons acting on the Company’s behalf are expressly qualified in their entirety by these cautionary statements. The Company’s forward-looking statements speak only as of the date of this press release or as of the date they are made, and the Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Source: Arch Capital Group Ltd.

arch-corporate

Media Contact: Greg Hare — [email protected]

KEYWORDS: Caribbean United States Bermuda North America

INDUSTRY KEYWORDS: Professional Services Insurance Finance

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A Greenland Critical-Minerals Platform Is Taking Shape — and It Just Pushed Into the Midstream Chokepoint

PR Newswire

Issued on behalf of Greenland Mines Ltd

With its latest investment, a Nasdaq-listed developer is betting that owning the processing and conversion layer — not just the rock in the ground — is where Western critical-materials security will be won.

SAN FRANCISCO, June 16, 2026 /PRNewswire/ — Equity Insider News Commentary — The race to secure critical minerals for the West has, until recently, been told almost entirely as a mining story: who can dig the rare earths, the magnet metals, the battery inputs out of the ground in jurisdictions that are not China. But a more sophisticated understanding is taking hold — that the real chokepoint is rarely the rock itself. It is the midstream: the refining, processing, and conversion capacity that turns raw ore into usable materials. China’s dominance of critical minerals is, above all, a dominance of processing. And so the most strategically interesting companies are increasingly those moving to own not just deposits, but the industrial machinery that gives those deposits value.

Equity Insider

Companies mentioned: Greenland Mines Ltd (Nasdaq: GRML), MP Materials Corp. (NYSE: MP), Critical Metals Corp. (Nasdaq: CRML), Energy Fuels Inc. (NYSE American: UUUU), NioCorp Developments Ltd. (Nasdaq: NB)

That is precisely the shift Greenland Mines Ltd (Nasdaq: GRML) signaled with its latest move. On June 16, 2026, the company announced a strategic share-exchange investment in AnorTech Inc. (TSX Venture: ANOR) (OTCQB: ANORF), a Greenland-focused technology and resource developer advancing sustainable alumina, high-purity alumina, and CO2-free cement from its wholly owned Gronne Bjerg anorthosite project. The deal gives Greenland Mines an initial 9.9% stake, with an option to increase to as much as 19.9%, and — more importantly — extends the company from upstream resource exposure toward the midstream processing segment it sees as the next frontier of value capture in its broader “North Atlantic Critical Metals Corridor” strategy.

The Move Into the Midstream

The logic Greenland Mines articulated is the heart of the story. “This investment expands Greenland Mines beyond upstream resource exposure and moves us closer to the midstream segment of the critical materials value chain, where strategic bottlenecks and value capture increasingly sit,” said Bo Møller Stensgaard, Ph.D., President of Greenland Mines. He framed it as a direct extension of the company’s corridor vision — linking advantaged Greenland resource assets with industrial processing opportunities in allied jurisdictions such as Iceland or North America — “while adding exposure to sustainable alumina and other advanced materials that we believe can become strategically important to Western supply chains.”

The target is differentiated. AnorTech is developing a proprietary process to produce sustainable smelter-grade alumina and high-purity alumina from anorthosite — a process designed to eliminate the bauxite-residue tailings that plague conventional alumina production and instead generate saleable byproducts such as amorphous silica and calcium-based industrial materials. The company filed a U.S. provisional patent covering the process in February 2025, and has extended the platform into adjacent product lines including CO2-free refractory cement, 3D-printable cement, and alumina-based catalysts. To support pilot-plant testing, AnorTech has shipped a bulk sample of crushed Gronne Bjerg anorthosite to Ontario, Canada, and is advancing its alumina and cement R&D programs from that material. Alumina and aluminum, Greenland Mines notes, sit at the center of multiple industrial and security-relevant value chains — chains whose conventional supply remains exposed to concentrated sourcing, logistics risk, and mounting environmental pressure.

There is a notable historical thread connecting the two companies. AnorTech previously owned and operated the Sarfartoq rare earths project — the same Greenland Nd-Pr asset Greenland Mines recently agreed to acquire — and AnorTech President Jim Cambon pointed to that lineage in welcoming the deal, citing his company’s 24 years of Greenland development experience and its “leading-edge alumina technologies.” In other words, this is not a cold transaction between strangers; it deepens a relationship between teams with overlapping Greenland history.

The Platform Behind the Headline

To understand why the AnorTech stake matters, it helps to see the platform Greenland Mines is assembling. The Nasdaq-listed company — which adopted the GRML ticker in March 2026 — now describes itself as spanning two operating divisions: a mining business and a biotech business. The mining division is anchored by the company’s flagship Skaergaard Project in southeast Greenland, one of the largest undeveloped palladium-gold-platinum deposits in the world, with a 2022 NI 43-101 mineral resource (by SLR Consulting) of 25.4 million ounces of palladium-equivalent and 23.5 million ounces of gold-equivalent across the indicated and inferred categories, and additional by-product optionality in vanadium, gallium, iron, and titanium. The company holds an 80% interest in Skaergaard and is preparing a major 2026 field campaign including resource-expansion drilling and a bulk sample for processing-flowsheet development.

Layered onto that precious- and critical-metals foundation is the company’s move into magnet rare earths through its agreement to acquire the Sarfartoq Nd-Pr project in southwest Greenland — neodymium and praseodymium being the workhorse elements of the permanent magnets that drive electric vehicles, wind turbines, and defense systems. Greenland Mines frames the AnorTech investment as the same strategic logic applied again: securing exposure not only to the rock in the ground, but to the processing, conversion, and industrial ecosystem that ultimately determines who captures the value. The throughline is the North Atlantic Critical Metals Corridor — a vision of moving bulk material from southwest Greenland by sea for refining or industrial conversion in Iceland, where the company says it has been advancing industrial site access, brownfield processing optionality, deep-port logistics, and renewable-power partnerships.

Why Greenland, and Why Now

The macro backdrop gives the strategy its urgency. Critical minerals — rare earths above all — have become one of the defining geopolitical flashpoints of the decade, with China controlling the overwhelming majority of global processing capacity and repeatedly demonstrating a willingness to use export controls as leverage. Western governments have responded with stockpiles, funding programs, and a scramble to build mine-to-magnet supply chains outside Chinese control. Greenland, with its extraordinary mineral endowment, tidewater access, and strategic position in the North Atlantic, has moved to the center of that conversation — and a Nasdaq-listed developer assembling advantaged Greenland assets, paired with allied-jurisdiction processing, is positioned squarely in the path of that capital and policy attention.

The Gronne Bjerg project illustrates the appeal. Located roughly 80 kilometers from Nuuk on an open-tidewater fjord and adjacent to strong hydroelectric potential, it offers a rare combination of resource quality, marine access, and low-carbon power optionality — exactly the ingredients a future North Atlantic processing chain would require. Greenland Mines sees the combination of Nuuk-fjord logistics, Greenland resource quality, and Icelandic industrial infrastructure as a potentially powerful foundation for low-carbon alumina and industrial-materials development.

The Western Critical-Minerals Names Investors Are Watching

Greenland Mines sits within a cohort of Western-aligned critical-minerals companies racing to build supply and, increasingly, processing capacity outside China. Looking at a few of the most prominent public names helps frame both the opportunity and the scale of the competition.

MP Materials Corp. (NYSE: MP) is the clearest reference point for the integrated, mine-to-magnet vision Greenland Mines is pursuing. Operating the Mountain Pass mine in California — the only large-scale integrated rare-earth operation in the United States — and a magnet-manufacturing facility in Texas where it began producing NdFeB magnets in late 2025, MP has become the bellwether for Western rare-earth independence, backed by government and commercial partnerships. It exemplifies the upstream-plus-midstream model, at a scale and stage far beyond an early-stage developer, that gives the processing-ownership thesis its credibility.

Critical Metals Corp. (Nasdaq: CRML) is perhaps the most thematically precise comparison, because it too is built around Greenland. The company is advancing the Tanbreez rare-earth project in southern Greenland — one of the largest rare-earth deposits in the world — alongside its Wolfsberg lithium project in Europe. As a fellow Western-aligned developer betting on Greenland’s critical-minerals endowment, Critical Metals offers a direct window into how public markets are valuing the Greenland critical-minerals thesis that Greenland Mines is also pursuing.

Energy Fuels Inc. (NYSE American: UUUU) approaches the theme from the processing side. Best known as a leading U.S. uranium producer, Energy Fuels has built rare-earth and critical-minerals processing capability at its White Mesa mill, advancing toward commercial production of separated rare-earth oxides. It is a useful illustration of the midstream-processing angle Greenland Mines is now reaching toward — a company turning a milling and processing asset into a Western critical-materials conversion hub.

NioCorp Developments Ltd. (Nasdaq: NB) rounds out the group as an advanced-stage U.S. critical-minerals developer. Its Elk Creek project in Nebraska is designed to produce niobium, scandium, and titanium, with rare-earth optionality, positioning it as another Western-aligned answer to concentrated foreign supply. NioCorp illustrates the long, capital-intensive road from a defined critical-minerals resource toward production — the same path Greenland Mines is navigating with its own portfolio. These companies are referenced to illustrate the sector and do not imply any partnership, endorsement, affiliation, or comparable financial performance; they differ widely in size, stage, and commodity mix, and Greenland Mines is among the earlier-stage, pre-production names.

The Risks Behind the Vision

The strategic narrative is compelling, but the risks are substantial and should be weighed carefully. The AnorTech transaction is an initial 9.9% stake — a minority position, with the larger 19.9% exposure contingent on an option — and it remains subject to customary closing conditions, including TSX Venture Exchange acceptance, with closing expected by the end of June. AnorTech’s sustainable-alumina and HPA process is still at the patent-filing and pilot-preparation stage; commercialization of novel processing technology is difficult, capital-intensive, and far from guaranteed. The North Atlantic Critical Metals Corridor, for all its strategic logic, remains a vision under construction rather than operating infrastructure.

Greenland Mines itself is an early-stage, pre-production company. Its flagship Skaergaard resource, however large, has not advanced to a completed feasibility study or production decision, and its Sarfartoq acquisition remains subject to closing, including government approval. The company carries the structural complexity of operating both mining and biotech divisions, depends on continued access to capital to fund its ambitions, and — as it has disclosed — has been working to regain compliance with Nasdaq’s minimum bid-price requirement within an extension period. Greenland project development also faces real logistical, permitting, environmental, and execution challenges given the Arctic operating environment. Investors should weigh the genuine strategic positioning against these meaningful, well-documented risks.

Why the Trajectory Still Matters

For all those caveats, the direction Greenland Mines is moving aligns precisely with where the critical-minerals conversation is heading. The recognition that midstream processing — not just mining — is the true strategic chokepoint is reshaping how governments and investors think about supply-chain security. Companies that can pair advantaged Western-aligned resources with processing and conversion capability, and do so with a credible low-carbon and allied-jurisdiction story, are positioning themselves at the most defensible point in the value chain. Greenland Mines is assembling exactly that combination — precious metals, magnet rare earths, and now industrial critical materials and midstream optionality — under a single Nasdaq-listed platform.

Whether the company can convert that vision into producing assets, operating processing capacity, and durable value will be decided over years, through drilling, feasibility work, pilot plants, permits, and financing. The path is long and the risks are real. But the question Greenland Mines is organizing itself around — not merely who controls the rock, but who controls the processing that gives the rock its value — is exactly the question the West is racing to answer. For investors tracking where critical-minerals security is headed, the company’s push from the mine toward the midstream is a telling marker of the broader shift.

CONTINUED … Learn more about Greenland Mines Ltd at:
https://usanewsgroup.com/grml-landing

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SOURCES:

[1] Greenland Mines Ltd — “Greenland Mines Makes Strategic Investment in AnorTech, Adding Exposure to Sustainable Alumina, High Purity Alumina, and Midstream Critical Minerals Optionality” (PR Newswire, June 16, 2026; primary source for the AnorTech investment, share-exchange terms, Gronne Bjerg, management quotes, corridor strategy):

[2] Greenland Mines Ltd — SEC Form 8-K / investor presentation, “From Resource to Corridor: Developing the Skaergaard PGM-Au-V-Ga-Fe-Ti Project” (May 2026; Skaergaard NI 43-101 resource, ~$68B in-situ value, corridor concept, Bo Møller Stensgaard):
https://www.sec.gov/Archives/edgar/data/0001907223/000121390026056356/ea029073801ex99-1.htm

[3] Greenland Mines Ltd — SEC Form 8-K, Neo North Star (Sarfartoq) merger agreement ($35M; Nd-Pr rare earths; Greenland Rare Earths Corp.):
https://www.sec.gov/Archives/edgar/data/0001907223/000121390026059864/ea0291806-8k_greenland.htm

[4] Greenland Mines Ltd — SEC Form 10-Q (FY2026; name change from Klotho Neurosciences to Greenland Mines, GRML/GRMLW ticker effective March 12, 2026; 80% Skaergaard interest; two divisions):
https://www.sec.gov/Archives/edgar/data/0001907223/000121390026059581/ea0291250-10q_greenland.htm

[5] Investing News Network / CNBC — Western rare-earth and critical-minerals sector coverage (peer context: MP Materials, Critical Metals Corp., Energy Fuels, NioCorp; China processing dominance, U.S. supply-security initiatives):

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Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a digital media distribution and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances.

Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. (“MIQ”). This article is being distributed by Equity Insider on behalf of MIQ. MIQ has been paid a fee for Greenland Mines Ltd advertising and digital media from Creative Direct Marketing Group (“CDMG”). This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this article or email as the basis for any investment decision. MIQ owns shares of Greenland Mines Ltd that it acquired in the open market, and reserves the right to buy and sell shares of Greenland Mines Ltd at any time without any further notice, which could have a negative effect on the price of the stock. There may be 3rd parties who may have shares of Greenland Mines Ltd, and may liquidate their shares which could have a negative effect on the price of the stock. We also expect further compensation as an ongoing digital media effort to increase visibility for the company; no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been reviewed and approved on behalf of Greenland Mines Ltd by CDMG; this is a digital media distribution.

While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our publication is not trustworthy unless verified by their own independent research. Comparisons to other companies referenced in this publication are for contextual and illustrative purposes only and do not imply any partnership, endorsement, affiliation, or comparable financial performance. Forward-looking statements regarding the AnorTech transaction and option, the commercialization of AnorTech’s alumina, HPA, cement and catalyst technologies, pilot-plant activities, the Sarfartoq acquisition, the Skaergaard project, the North Atlantic Critical Metals Corridor, Nasdaq listing compliance, and the Company’s midstream and platform strategy are subject to risks and uncertainties, and actual results may differ materially. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/a-greenland-critical-minerals-platform-is-taking-shape–and-it-just-pushed-into-the-midstream-chokepoint-302802120.html

Republic Bank Expands Online and Mobile Banking Access to Clients Without SSNs or TINs

Republic Bank Expands Online and Mobile Banking Access to Clients Without SSNs or TINs

Empowering More Clients with Secure Digital Banking

LOUISVILLE, Ky.–(BUSINESS WIRE)–
Republic Bank & Trust Company (“Republic” or the “Bank”) has announced that it now offers online and mobile banking access for clients who do not have a Social Security Number (SSN) or Tax Identification Number (TIN), expanding digital banking services to better serve individuals and communities.

As part of a recent core system upgrade, the Bank implemented a new registration process that enables clients without social security numbers or tax identification numbers to securely enroll in and access online and mobile banking. While these clients have long been able to bank in person at one of Republic’s 47 banking centers, this enhancement expands digital access and reinforces the Bank’s commitment to financial inclusion and convenience.

“This update reflects our continued focus on modernizing digital platforms,” said Logan Pichel, President and CEO of Republic Bank. “By expanding our online and mobile banking capabilities, we’re making it easier for more clients to manage their finances securely and conveniently however they want to bank with us.”

By expanding digital access, Republic Bank continues to meet clients where they are and provide secure, user‑friendly financial services that support everyday banking needs. In addition, the Bank is working to translate self‑help resources, educational materials, and key banking documents to better support diverse client needs. Together, these enhancements reinforce Republic Bank’s commitment to serving clients through helpful, convenient, and digitally connected solutions.

About Republic Bank

Republic Bancorp, Inc. (the “Company”) is the parent company of Republic Bank & Trust Company (the “Bank”). The Bank currently has 47 banking centers in communities within five metropolitan statistical areas (“MSAs”) across five states: 22 banking centers located within the Louisville MSA in Louisville, Prospect, Shelbyville, and Shepherdsville in Kentucky, and Floyds Knobs, Jeffersonville, and New Albany in Indiana; six banking centers within the Lexington MSA in Georgetown and Lexington in Kentucky; eight banking centers within the Cincinnati MSA in Cincinnati and West Chester in Ohio, and Bellevue, Covington, Crestview Hills, and Florence in Kentucky; seven banking centers within the Tampa MSA in Largo, New Port Richey, St. Petersburg, Seminole, and Tampa in Florida; and four banking centers within the Nashville MSA in Franklin, Murfreesboro, Nashville and Spring Hill, Tennessee. The Bank offers online banking at www.republicbank.com. The Company is headquartered in Louisville, Kentucky, and as of March 31, 2026, had approximately $7.25 billion in total assets. The Company’s Class A Common Stock is listed under the symbol “RBCAA” on the NASDAQ Global Select Market.

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Vision Marine Technologies Highlights One Year of Nautical Ventures Integration, Operational Discipline and Platform Expansion

PR Newswire

Platform Integration / Operational Execution

One year after acquiring Nautical Ventures, Vision Marine has advanced a broader marine platform combining premium retail distribution, marina operations, service infrastructure, OEM relationships and proprietary electric propulsion capabilities. The Company’s latest disclosed financial and operating information through February 28, 2026, reflects measurable progress in floor-plan reduction, inventory discipline, real estate optimization and platform integration, while the Company continues to address liquidity, profitability and market-related challenges common to the recreational marine industry.

BOISBRIAND, QC and FORT LAUDERDALE, Fla., June 16, 2026 /PRNewswire/ — Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) (“Vision Marine” or the “Company”), a marine technology company and vertically integrated recreational boating platform, today provided an update on the Company’s operational and strategic progress during the first year following its acquisition of Nautical Ventures Group Inc. (“Nautical Ventures”), completed on June 20, 2025.

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Since the acquisition, Vision Marine has focused on disciplined execution across four core priorities: reducing financing exposure, improving liquidity, optimizing inventory and building a scalable marine platform that connects premium retail, marina operations, service infrastructure and Vision Marine’s E-Motion™ high-voltage electric propulsion technology.

Unless otherwise indicated, all financial and operating metrics presented in this release are based on the Company’s publicly disclosed results and operating information up to February 28, 2026.

Execution Since Acquisition

From June 20, 2025, to February 28, 2026, Vision Marine advanced Nautical Ventures from acquisition integration toward a more disciplined operating platform. During this period, Nautical Ventures floor-plan financing was reduced from US$42.0 million at acquisition to US$18.2 million as of February 28, 2026, representing a 57% reduction. Management believes this reduction improved operating flexibility, reduced financing exposure and supported the Company’s broader balance sheet improvement strategy.

Inventory in the Nautical Ventures segment dropped from US$35.1 million at acquisition to US$24.5 million as of February 28, 2026, representing a 30% reduction. This comparison reflects the Company’s continued focus on inventory quality, product mix, working capital discipline and alignment with customer demand across key marine categories.

The Company also advanced real estate and asset optimization initiatives during the period. Vision Marine previously disclosed the monetization of selected North Palm Beach real estate assets, generating US$3.8 million in net proceeds, with proceeds reinvested into operations and floor-plan debt reduction. The Company also previously disclosed that its proceeds receivable related to certain Nautical Ventures real estate was reduced from US$10.4 million as of June 20, 2025, to US$6.6 million following the sale of the two North Palm Beach properties.

Operationally, Vision Marine completed important integration work across management, reporting and operating systems. This included the transition of Nautical Ventures financial reporting from U.S. GAAP to IFRS, alignment of reporting processes, and the integration of Vision Marine products, technology and service initiatives into the Nautical Ventures platform.

Measurable Platform Progress

Between June 20, 2025, and February 28, 2026, the Company’s integration work was focused on capital efficiency, inventory discipline and operating alignment. Key measurable areas include:

  • Floor-plan financing reduction: US$42.0 million to US$18.2 million
     
  • Nautical Ventures Inventory optimization: US$35.1 million to US$24.5 million
  • Real estate proceeds generated: US$3.8 million
     
  • Proceeds receivable reduction: US$10.4 million to US$6.6 million
     
  • Estimated annualized savings from real estate and footprint optimization: approximately US$ 2.8 million
     
  • Nautical Ventures locations: 6 Florida-based locations
     
  • Consolidated inventory and deposits to suppliers as of February 28, 2026: US$32.9 million
     
  • Unencumbered inventory in the Vision Marine segment ready for sale or integration as of February 28, 2026: US$5.7 million

While management believes these initiatives have strengthened the Company’s operating platform, Vision Marine continues to face challenges associated with liquidity management, financing requirements, inventory turnover, integration of acquired operations and broader recreational marine market conditions. The Company continues to implement cost reduction initiatives and operational efficiencies designed to improve long-term financial performance.

Commercial Performance

From June 20, 2025, to February 28, 2026, Nautical Ventures generated gross retail sales of approximately US$42.5 million across 469 total units sold, including 283 boats, 98 outboards and 88 trailers. During the same period, the Company’s electric product division contributed 15 electric boat sales representing approximately US$0.5 million in sales value, while its water toys division generated approximately US$1.5 million in additional sales value.

The Company notes that sales activity occurred during a period of continued integration, inventory optimization and balance sheet restructuring. For the six months ended February 28, 2026, Vision Marine reported consolidated revenue of US$30.2 million, gross profit of US$8.6 million and a net loss before taxes of US$6.2 million. The Company also reported an EBITDA loss of US$4.5 million during the period.

Management believes that while profitability remains a key area of focus, the reduction of floor-plan financing, inventory optimization initiatives and ongoing operating efficiency measures have positioned the Company to continue improving its operating performance.

Nautical Ventures as a Platform for Market Access

Nautical Ventures has become a central part of Vision Marine’s operating strategy. The platform provides premium brand representation, dealership operations, marina access, factory-authorized service, parts and accessories, financing and insurance capabilities, after-sales support and on-water demonstration opportunities.

Management believes this infrastructure gives Vision Marine a practical commercial channel for introducing new products and technologies through established customer relationships and service infrastructure. Rather than operating solely as an electric propulsion developer, Vision Marine now combines proprietary marine technology with retail distribution, service capacity and direct customer engagement through an established Florida marine platform.

This structure is particularly relevant for electric marine adoption, where customer education, product demonstrations, installation expertise, service readiness and dealer support are important to commercialization. Through Nautical Ventures, Vision Marine is building customer access and infrastructure designed to support electric marine technologies where they improve the boating experience, while continuing to serve today’s premium recreational boating market across propulsion types.

A More Complete Marine Platform

Today, Vision Marine’s operating model combines premium boat retail, marina operations, factory-authorized service, parts and accessories, financing and insurance, high-voltage electric marine expertise, electric recreational products, customer support infrastructure, strategic OEM relationships and proprietary electric propulsion technology.

Management believes this integrated structure provides a differentiated foundation across both traditional and electric boating markets. It also gives Vision Marine a direct feedback loop from customers, service teams, marina operations and OEM partners, helping the Company align technology development with real-world boating demand.

CEO Commentary

“The first year following the Nautical Ventures acquisition has been defined by integration, discipline and operational execution,” said Alexandre Mongeon, Chief Executive Officer of Vision Marine. “Our priority has been to build a stronger platform, reduce financing exposure, improve liquidity and create a more direct connection between our technology, our customers and the marine market. While significant work remains to improve profitability and strengthen liquidity, we believe the actions taken during the integration period have created a more disciplined operating foundation for the business.”

Mr. Mongeon continued, “Nautical Ventures gives Vision Marine direct access to premium brands, marina operations, service infrastructure and real-world boating demand. When combined with our E-Motion™ technology, we believe this platform provides a practical foundation to support the next phase of recreational boating.”

“Our focus remains disciplined: capital efficiency, operational execution, customer experience and long-term shareholder value creation. The actions taken since the acquisition have created a stronger foundation for Vision Marine as we continue building across both traditional and electric boating markets.”

Looking Forward

Vision Marine remains focused on strengthening liquidity, optimizing inventory, reducing financing exposure, expanding OEM relationships, growing marina and service operations, advancing E-Motion™ commercialization and building a more scalable platform for long-term growth.

Management believes the progress achieved during the first year following the Nautical Ventures acquisition represents an important step in Vision Marine’s broader strategy to connect technology, retail access, service infrastructure and customer experience into a vertically integrated marine platform.

Capital Markets Update

During the period beginning June 1, 2026, and ending June 15, 2026, the Company issued an aggregate of 3,767,550 common shares pursuant to its at-the-market equity program. Gross proceeds from such sales totalled US$1,485,471, resulting in net proceeds to the Company of US$1,440,907 after payment of aggregate commissions of US$44,464. The Company intends to use the net proceeds from the program for general corporate purposes, including working capital and the execution of its strategic initiatives.

About Vision Marine Technologies Inc.

Vision Marine Technologies Inc. (NASDAQ: VMAR; TSXV: VMAR) is a marine technology company and vertically integrated recreational boating platform delivering premium on-water experiences across electric and internal combustion engine segments. Through its proprietary E-Motion™ high-voltage electric propulsion technology and its Nautical Ventures multi-brand retail, marina and service network, Vision Marine combines marine engineering, direct consumer access, OEM relationships, service infrastructure and customer support capabilities. The Company is focused on building a scalable platform that supports today’s boating market while advancing the adoption of electric marine technologies where they improve the customer experience.

Forward-Looking Statements

Certain statements in this press release constitute forward-looking statements within the meaning of applicable Canadian securities laws and the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the Company’s business strategy, operational execution, integration of Nautical Ventures, balance sheet strengthening, liquidity, inventory optimization, floor-plan financing reduction, asset monetization, OEM relationships, marina and service growth, financing and insurance offerings, customer engagement, E-Motion™ commercialization, electric propulsion adoption, infrastructure development, market opportunities, future growth, long-term shareholder value creation and the Company’s ability to execute its strategic vision.

Forward-looking statements are based on management’s current expectations, assumptions and beliefs and are subject to known and unknown risks and uncertainties that may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, the Company’s ability to continue as a going concern, its ability to achieve and maintain profitability, dependence on floor-plan financing and compliance with financing covenants, risks associated with integration and execution of acquired operations, inventory and liquidity management risks, customer demand for recreational boating and electric marine technologies, general economic and capital market conditions, competition, supply chain disruptions, regulatory developments, tariff and trade policy uncertainties, and other risks described in the Company’s filings with the U.S. Securities and Exchange Commission and Canadian securities regulators available on SEDAR+.

Forward-looking statements speak only as of the date of this press release. Readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements except as required by applicable law.

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.

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SOURCE Vision Marine Technologies, Inc

Duke Energy Foundation grants $77,500 to expand access to civic learning and remembrance across Florida

PR Newswire

ST. PETERSBURG, Fla., June 16, 2026 /PRNewswire/ — As part of the final round of grants through the Duke Energy Foundation’s America250 initiative, $77,500 is being distributed to seven nonprofit organizations across Florida that are working to expand access to civic learning and remembrance. Among other projects, these efforts include a youth civics competition, a reenactment of the Declaration of Independence signing and the revitalization of a memorial honoring the state’s Medal of Honor recipients.

Duke Energy logo

Our view:

“As a proud history major, I know firsthand the value of a well-rounded civics education,” said Melissa Seixas, Duke Energy Florida state president. “The lessons of the past can be used every day, in every field, to help improve our communities and the world around us. I’m immensely grateful for the Duke Energy Foundation’s support of organizations that have each made that important message part of their respective missions.”

High-impact investments:

  • The Dunedin History Museum’sFreedom in Focus: Florida’s Legacy of Liberty exhibit – on display through Nov. 13 – invites visitors to explore the moments, ideas and documents that have shaped the nation and Florida’s constitutional history, including interactive displays, interpretive panels and a guided timeline. The $20,000 grant from the Duke Energy Foundation also enabled the museum to launch a traveling Declaration of Independence signing project that will culminate in a special reenactment event on June 20.
  • With $2,500 from the Duke Energy Foundation, the Duval Preservation Trust will open an immersive exhibit at the historic Duval-Metz House in Floral City to highlight the essential skills – from canoe carving to food gathering – that allowed the Seminole Tribe to adapt, survive and thrive in the Florida wilderness in the 1830s.
  • The Florida Medal of Honor Memorial, leveraging $7,000 from the Duke Energy Foundation, recently beautified the memorial’s .42-acre greenspace to ensure it remains a place of tranquility where members of the public can reflect on the sacrifices made by the state’s 24 Medal of Honor recipients.
  • A $15,000 award from the Duke Energy Foundation is helping the Marion County Board of County Commissioners host a series of events, including a gala, parade and fireworks display, in celebration of America250.
  • The Osceola Chamber Foundation used $8,000 from the Duke Energy Foundation to put on the National Civics Bee, a regional civics competition for 6th, 7th and 8th graders from throughout Central Florida, in April. Three winners received cash prizes and advanced to the Florida state finals on June 30.  
  • To support its 5K Run & Walk in Orlando on Sept. 12, the Duke Energy Foundation granted the Tunnel to Towers Foundation $5,000. The funds will be used to facilitate the race, which pays homage to the firefighters, law enforcement officers and civilians who lost their lives on Sept. 11, 2001.
  • A $20,000 grant from the Duke Energy Foundation to the University of Central Florida Research Foundation is helping sponsor WUCF’s America250 programming, such as community events and original videos and podcasts that tell the story of Florida’s role in the nation’s founding.

Positive response:

  • Mike Borders, Florida Medal of Honor Memorial chairman: “The Florida Medal of Honor Memorial is proud to partner with Duke Energy in our effort to honor Florida’s twenty-four incredible heroes – recipients of the Medal of Honor. The support from Duke Energy has helped us with our ADA compliance, education programs and Florida “native species” gardens. This is a great partnership and we are eternally grateful.”

  • Jennifer Cook, WUCF executive director: “By honoring and elevating the voices that shape our region, we are creating intergenerational initiatives that invite Floridians of all ages to discover our shared history. Duke Energy’s partnership allows WUCF to expand this work across the Sunshine State, giving families access to trusted content and community-based experiences. Together, we will ensure the legacy of America250 resonates with Floridians for generations to come.”

  • Danela Gutierrez, Dunedin History Museum operations manager: “Just as energy has powered our homes and businesses for generations, civic engagement and education power the future of our community. Partnering with Duke Energy on Freedom in Focus: Florida’s Legacy of Liberty for America250 reflects a shared commitment to keeping our community strong by connecting residents to both their history and their role in shaping what comes next.”

  • Beth Kingston, Tunnel to Towers Foundation grant writer: “As we mark 250 years since the signing of the Declaration of Independence and 25 years since 9/11 – a reverent milestone that honors our heroes and the enduring promise to never forget – Tunnel to Towers remains steadfast in its programming that serves those who protect our independence. This is only possible with help from our generous supporters like Duke Energy who share our mission to honor our nation’s heroes and their families.”

  • Vaughn McIntire, Duval Preservation Trust Seminole exhibit project lead: “We are a volunteer-led historical property and therefore dependent upon generous partners like Duke Energy to make our displays open for the public to enjoy and learn about Floral City’s rich history.”

  • John Newstreet, Osceola Chamber president and CEO: “Duke Energy’s support was needed to reach students beyond county lines and expand awareness of the National Civics Bee and the importance of civic engagement as the United States celebrates its 250th birthday. The Osceola Chamber’s tagline is ‘business works better together,’ and Duke Energy’s involvement helped take this event and its impact to the next level.”

  • Carl Zalak III, Marion County Board of County Commissioners chairman: “Duke Energy’s commitment to investing in communities extends far beyond infrastructure and service – it reflects a genuine dedication to education, civic engagement, historical preservation and community enrichment. Their partnership will allow us to create meaningful opportunities for residents to connect with our shared heritage while honoring the ideals that have guided our nation for 250 years.”

Bigger picture:

These grants represent the third round of funds awarded under the Duke Energy Foundation’s America250 initiative, a more than $1 million investment in community‑driven projects throughout the company’s six-state service area to recognize America’s 250th anniversary. In Florida, the awards totaled $150,000, including $22,500 to help strengthen Florida communities and $50,000 to honor and support the state’s veterans.

Duke Energy Foundation 
The Duke Energy Foundation provides nearly $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation is funded by Duke Energy shareholders.

Duke Energy Florida
Duke Energy Florida, a subsidiary of Duke Energy, owns 12,500 megawatts of energy capacity, supplying electricity to 2 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida. 

Duke Energy 
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America’s largest energy holding companies. The company’s electric utilities serve 8.7 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,700 megawatts of energy capacity. Its natural gas utilities serve 1.6 million customers in North Carolina, South Carolina, Ohio and Kentucky.

Duke Energy is executing an energy modernization strategy, keeping customer value at the forefront as it invests in electric grid upgrades and efficient generation resources to strengthen the system and serve growing energy needs.

More information is available at duke-energy.com. Follow Duke Energy on X, LinkedIn, Instagram, TikTok and Facebook for stories about the people and innovations powering its communities.

Contact: Aly Raschid
24-Hour: 800.559.3853
X: @DE_AlyRaschid

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SOURCE Duke Energy

Gildan Activewear Issues Statement Regarding Recent Short Seller Report

MONTREAL, June 16, 2026 (GLOBE NEWSWIRE) — Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) is aware of a report published by a short seller on June 16, 2026. The Company is confident that its current disclosure provides its investors with accurate and comprehensive information regarding Gildan, including with respect to its financial information and governance practices.

The Company reiterates its fiscal 2026 guidance as communicated in its April 30, 2026 press release.

Gildan does not intend to provide any further comment at this time.

Forward-looking statements and information

Certain statements included in this press release constitute “forward-looking statements” and “forward-looking information” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Canadian securities legislation and regulations, and are subject to important risks, uncertainties, and assumptions. These forward-looking statements include, amongst others, information with respect to our fiscal 2026 financial outlook. Forward-looking statements are subject to inherent risks and uncertainties and are based on several assumptions which give rise to the possibility that actual results or events could differ materially from our expectations. These statements are not guarantees of future performance or events, and we caution you against relying on any of these forward-looking statements. We refer you to the Gildan’s public filings with the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission (the “SEC”), as well as the risks described under the “Financial risk management”, “Critical accounting estimates and judgments”, and “Risks and uncertainties” sections of our most recent management’s discussion and analysis for a discussion of the various factors that may affect Gildan’s future results, as well as the “2026 Outlook” section of our April 30, 2026 press release for material assumptions underlying the 2026 financial outlook.

About Gildan

Gildan is a leading manufacturer of everyday basic apparel. The Company’s product offering includes activewear, underwear, socks, and intimates sold to a broad range of customers, including wholesale distributors, screenprinters, embellishers, retailers or e-commerce platforms, as well as global lifestyle brand companies and directly to consumers. Gildan markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan®, Hanes®, Comfort Colors®, American Apparel®, ALLPRO™, GOLDTOE®, Peds®, Bali®, Playtex®, Maidenform®, Bonds®, as well as Champion® which is under an exclusive licensing agreement for the printwear channel in the U.S. and Canada and Polo Ralph Lauren® also under a licensing agreement.

Gildan owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean, North America, and Asia. Gildan integrates industry-leading labour, environmental, and governance practices into its operations and supply chain under a sustainability program that is aligned with its long-term business strategy. More information about Gildan and its sustainability commitments and initiatives can be found at www.gildancorp.com.

Investor inquiries:

Jessy Hayem, CFA
Senior Vice-President, Head of Investor Relations and Global Communications
(514) 744-8511
[email protected]
Media inquiries:

Jonathan Binder
Director, Corporate Communications
(336) 519-6330
[email protected]
   



Are LPRO, HUN, OLN, TBRG Obtaining Fair Deals for their Shareholders?

PR Newswire


Insiders may stand to receive substantial financial benefits not available to ordinary shareholders.


The proposed transactions may contain terms that could limit superior competing offers.


Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

NEW YORK, June 16, 2026 /PRNewswire/ — Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

(PRNewsfoto/Halper Sadeh LLP)


Open Lending Corporation (NASDAQ: LPRO)’s
 sale to ANV Group Holdings Ltd. for $3.15 per share. If you are an Open Lending shareholder, click here to learn more about your rights and options.


Huntsman Corporation (NYSE: HUN)’s
sale to Olin Corporation for 0.5476 shares of Olin for each share of Huntsman. If you are a Huntsman shareholder, click here to learn more about your legal rights and options.


Olin Corporation (NYSE: OLN)’s
 merger with Huntsman Corporation. Upon closing of the proposed transaction, Olin shareholders will own approximately 54.5% of the combined company. If you are an Olin shareholder, click here to learn more about your rights and options.


TruBridge, Inc. (NASDAQ: TBRG)’s
sale to Inventurus Knowledge Solutions, Inc. for $26.25 in cash per share. If you are a TruBridge shareholder, click here to learn more about your rights and options.  

On behalf of shareholders, Halper Sadeh LLC may seek increased consideration, additional disclosures and information, or other relief and benefits.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
One World Trade Center
85th Floor
New York, NY 10007
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com

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SOURCE Halper Sadeh LLP

Locked On Podcast Network Approaches One Billion Listens, Views and Social Engagements

The No. 1 Sports Podcast Network Celebrates a Decade of Growth With 275 Shows Covering Every Major Professional and College Sport Daily

MCLEAN, Va., June 16, 2026 (GLOBE NEWSWIRE) —  TEGNA Inc. (NASDAQ: NXST) announced today that the Locked On Podcast Network is on track to reach one billion listens, views and social engagements by the end of 2026. Today marks the tenth anniversary of Locked On, the number one sports podcast network acquired by TEGNA in 2021.

Built on the idea that every fanbase deserves a daily, dedicated podcast and that hyper-local coverage could draw large audiences, Locked On evolved from a single show in 2016 into a network of 275 daily podcasts covering every NBA, NFL, MLB, and NHL team, and major college sports programs daily. Earning more than 90 million combined listens, views, and social engagements each month, the Locked On Podcast Network produces the most total episodes and has the largest podcast audience of any native sports network.

“Locked On’s founding principle, ‘Your Team. Every Day,’ has remained constant,” said David Locke, president, Locked On Podcast Network. “We fully committed to the idea that sports fans are fans of their team first and have never wavered from that belief. We have proven we can be successful delivering daily team-specific coverage for passionate fans. Across 275 shows and 10 uninterrupted years, that idea has held true.”

In recent years, the podcast network has continued to build momentum with a slate of new initiatives, including Postcasts and Squad Shows, FAST TV channels, programming in partnership with Amazon Fire TV, including Bracket Breakdown and College Football Kickoff, and rapid expansion across social channels which has generated millions of views. In addition, a new, free NBA Draft Guide will debut this week, to immerse fans more fully in the draft.

“Our first decade proved that sports fans want more depth, more insights, and more of the voices that share their deep commitment and loyalty to their teams,” said Carl Weinstein, chief operating officer, Locked On Podcast Network. “The next chapter is about delivering that in new ways. We’re excited to continue growing and engaging fans, wherever they are, with innovative coverage every day.”

About Locked On Podcast Network

Founded in 2016, Locked On produces more than 275 podcasts, providing in-depth coverage of every NBA, NFL, MLB, and NHL team, plus major college sports teams and conferences daily. The number one sports podcast network generates over 90 million listens, views, and social engagements each month. Its podcasts were streamed 515 million times in 2025 across the major podcast audio apps and for video on YouTube and leading OTT platforms.

About TEGNA 
TEGNA Inc. is a wholly owned subsidiary of Nexstar Media Group, Inc. (NASDAQ: NXST), operating independently of Nexstar consistent with the “Hold Separate Order” issued by the United States District Court for the Eastern District of California on April 17, 2026. TEGNA is a multiplatform media company operating 64 local television stations in 51 U.S. markets, and hundreds of websites, mobile and Connected TV (CTV) apps, and Premion, a leading Connected TV and Over-the-Top (OTT) advertising platform.

For media inquiries, contact:

Molly McMahon
Director, Corporate Communications 
703-873-6422
[email protected]



American Water Provides Expertise at 2026 MACRUC Annual Education Conference

PR Newswire

American Water Logo

CAMDEN, N.J., June 16, 2026 /PRNewswire/ — American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., will contribute its expertise to key discussions at the 2026 Mid-Atlantic Conference of Regulatory Utilities Commissioners (MACRUC) Annual Education Conference, taking place June 15 through June 16, 2026, in Columbus, Ohio.

Deb Degillio, SVP, Chief Technology & Innovation Officer, American Water, will speak as part of the panel discussion Navigating AI, focusing on AI’s potential for both business efficiency and customer satisfaction.

“At American Water, our priority is providing safe, clean, reliable, and affordable water and wastewater services to our customers,” said Cheryl Norton, EVP and Chief Operating Officer, American Water. “American Water remains committed to leveraging technologies that enhance customer satisfaction, while building resilient systems and delivering essential services to our customers and communities every day.”

For more information about the 2026 MACRUC Annual Education Conference, visit: http://macruc.org/.

About American Water
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886 and celebrating 140 years in 2026, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to approximately 14 million people with regulated operations in 14 states and on 18 military installations. American Water’s approximately 7,000 talented professionals leverage their significant expertise and the company’s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.

For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.

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SOURCE American Water

Lockheed Martin, GM Defense Collaborate to Strengthen America’s Manufacturing and Defense Industrial Base

PR Newswire

BETHESDA, Md. and DETROIT, June 16, 2026 /PRNewswire/ — Lockheed Martin [NYSE: LMT] and GM Defense today announced a new collaboration to strengthen America’s manufacturing and defense industrial base, facilitated by the U.S. Department of War.

Lockheed Martin and GM Defense

Working under a memorandum of understanding (MOU), Lockheed Martin and GM Defense will explore opportunities to accelerate the delivery of critical capabilities and innovation by combining Lockheed Martin’s defense production expertise with General Motors’ advanced industrial capabilities in high-rate commercial manufacturing and engineering.

The collaboration will focus on three areas: strengthening defense supply chains, advancing manufacturing and design capabilities, and evaluating opportunities to expand production capacity through commercial manufacturing expertise and infrastructure. Initial efforts will include exploring ways to accelerate production readiness and apply proven commercial manufacturing approaches to support defense production requirements.

“America’s security depends not only on developing advanced technologies, but on our ability to produce them quickly, reliably and at scale,” said Frank St. John, chief operating officer, Lockheed Martin. “This collaboration brings together two leaders in American manufacturing and innovation to explore new ways to strengthen the defense industrial base, expand production capacity and accelerate delivery of critical capabilities for the United States and its allies.”

“Working together, GM Defense and Lockheed will further strengthen American manufacturing and national defense by driving greater speed, efficiency, and innovation in the aerospace and defense sectors,” said Steve duMont, president of GM Defense. “Over the coming weeks, we will be working to identify initial projects to pursue together.”

The collaboration reflects growing demand for greater production capacity, supply chain resilience and manufacturing agility across the defense sector. By combining commercial and defense expertise, the companies aim to identify opportunities that can accelerate production timelines while maintaining the quality, performance and reliability standards required for mission-critical systems.

About Lockheed Martin
Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at www.lockheedmartin.com.

About GM Defense LLC
GM Defense delivers integrated vehicles, power, and autonomy and connectivity solutions to global defense, security, and government markets. The exceptional reliability of GM Defense’s technologies results from decades of proven performance and billions of dollars spent in independent research and development by its parent, General Motors, a world leader in global design, engineering, and manufacturing capabilities. For more information, please visit www.gmdefensellc.com.

 

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SOURCE Lockheed Martin