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Li-Cycle Announces Closing of $15 Million Underwritten Public Offering

TORONTO–(BUSINESS WIRE)–Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, today announced the closing of its previously announced underwritten public offering in the United States (the “Offering”). Gross proceeds to the Company were approximately $15 million before deducting for offering expenses payable by the Company, including underwriting fees and expenses.

The Offering consisted of 5,000,000 units (the “Units”) and 10,000,000 pre-funded units (“Pre-Funded Units”). Each Unit consists of: (i) one common share, without par value, of the Company (“Common Share”), (ii) one Series A Warrant to purchase one Common Share (“Series A Warrant”), and (iii) one Series B Warrant to purchase one Common Share (“Series B Warrant”). Each Pre-Funded Unit consists of: (i) one pre-funded warrant to purchase one Common Share (the “Pre-Funded Warrant” and together with the Series A Warrant and the Series B Warrant, the “Warrants”), (ii) one Series A Warrant, and (iii) one Series B Warrant.

The public offering price per Unit was $1.00 and the public offering price per Pre-Funded Unit was $0.99999, which is equal to the public offering price per Unit minus an exercise price of $0.00001 per Pre-Funded Warrant. The initial exercise price of each Series A Warrant is $1.00 per Common Share. The Series A Warrants will be immediately exercisable and will expire on the eight-month anniversary of the initial date of issuance. The initial exercise price of each Series B Warrant is $1.00 per Common Share. The Series B Warrants will be immediately exercisable and will expire on the five-year anniversary of the initial date of issuance.

In connection with the Offering, the Company has granted Aegis Capital Corp. a 45-day option to purchase additional Common Shares and/or Series A Warrants and/or Series B Warrants representing up to 15% of the total Common Shares and up to 15% of the total Series A Warrants and Series B Warrants sold in the Offering solely to cover over-allotments, if any, at a price of $0.99998 per Common Share, $0.00001 per Series A Warrant, and $0.00001 per Series B Warrant. On January 16, 2025, Aegis Capital Corp. exercised its over-allotment option with respect to 2,250,000 Series A Warrants and 2,250,000 Series B Warrants.

The Offering closed on January 16, 2025. Li-Cycle intends to use the net proceeds from this Offering for working capital and general corporate purposes.

Aegis Capital Corp. acted as the sole book-running manager for the Offering on a firm commitment basis. Freshfields US LLP acted as counsel to the Company. Sichenzia Ross Ference Carmel LLP acted as counsel to Aegis Capital Corp.

The Offering was made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-278010) previously filed with the U.S. Securities and Exchange Commission (“SEC”) and declared effective by the SEC on March 29, 2024. A final prospectus supplement and accompanying prospectus describing the terms of the Offering were filed with the SEC on January 16, 2025 and is available on the SEC’s website at www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus relating to the Offering may be obtained, when available, by contacting Aegis Capital Corp., Attention: Syndicate Department, 1345 Avenue of the Americas, 27th floor, New York, NY 10105, by email at [email protected], or by telephone at +1 (212) 813-1010.

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

Consent and Waiver Agreement with Glencore Canada Corporation

In connection with the Offering, on January 14, 2025, the Company entered into a consent and waiver agreement with Glencore Canada Corporation (“Glencore”), a related party of the Company and the holder of the senior secured convertible note dated as of March 25, 2024 issued by the Company (the “Glencore Senior Secured Convertible Note”), pursuant to which Glencore has, among other things, granted its consent to the issuance by the Company of the Warrants and agreed to waive any default or event of default under the Glencore Senior Secured Convertible Note which may occur as a result of the issuance of the Warrants and the Company’s compliance with certain terms of the Warrants (the “Consent and Waiver Agreement”). In addition, under the agreement, the Company has agreed to amend the Glencore Senior Secured Convertible Note, the First A&R Note and the Second A&R Note (in each case as defined in the Glencore Senior Secured Glencore Note) and the form of warrants attached thereto (collectively, the “Glencore Notes”), to reflect any terms contained in the Warrants that are more favorable to the holders of the Warrants than those contained in the Glencore Notes, to the extent requested by Glencore, within ten business days following the closing of the Offering. Additional information regarding the Consent and Waiver Agreement may be found in a Form 8-K that will be filed with the U.S. Securities and Exchange Commission and in a material change report that will be filed with the Ontario Securities Commission.

Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions

The entering into of the Consent and Waiver Agreement and the matters contemplated thereby (the “Transactions”) are considered “related party transactions” within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”) of the Canadian Securities Administrators. In its consideration and approval of the Transactions, the independent members of the Board of Directors of Li-Cycle determined that the Transactions will be exempt from the formal valuation and minority approval requirements of MI 61-101 on the basis of the “financial hardship” exemptions in Sections 5.5(g) and 5.7(e) of MI 61-101. The Company meets the requirements set out in Sections 5.5(g) and 5.7(e) of MI 61-101 based on the independent members of the Board of Directors of Li-Cycle, acting in good faith, having unanimously determined that Li-Cycle is in serious financial difficulty, that the Transactions are designed to improve Li-Cycle’s financial position, and that the terms of the Transactions are reasonable in the circumstances of Li-Cycle.

About Li-Cycle Holdings Corp.

Li-Cycle (NYSE: LICY) is a leading global lithium-ion battery resource recovery company. Established in 2016, and with major customers and partners around the world, Li-Cycle’s mission is to recover critical battery-grade materials to create a domestic closed-loop battery supply chain for a clean energy future. The Company leverages its innovative, sustainable and patent-protected Spoke & Hub Technologies™ to recycle all different types of lithium-ion batteries. At our Spokes, or pre-processing facilities, we recycle battery manufacturing scrap and end-of-life batteries to produce black mass, a powder-like substance which contains a number of valuable metals, including lithium, nickel and cobalt. At our future Hubs, or post-processing facilities, we plan to process black mass to produce critical battery-grade materials, including lithium carbonate, for the lithium-ion battery supply chain. For more information, visit https://li-cycle.com/.

Forward-Looking Statements

Certain statements contained in this press release may be considered “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the U.S. Securities Act of 1933, as amended, Section 21 of the U.S. Securities Exchange Act of 1934, as amended, and applicable Canadian securities laws. Forward-looking statements may generally be identified by the use of words such as “believe”, “may”, “will”, “continue”, “expect”, “should”, “plan”, “potential”, “future”, or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters, although not all forward-looking statements contain such identifying words. Forward-looking statements in this press release include, but are not limited to, statements about the Company’s intended use of proceeds, and the Company’s agreement to amend the Glencore Notes, to reflect any terms contained in the Warrants that are more favorable to the holders of the Warrants than those contained in the Glencore Notes, to the extent requested by Glencore.

These statements are based on various assumptions, whether or not identified in this press release, including but not limited to assumptions regarding Li-Cycle’s ability to satisfy the drawdown conditions and access funding under a loan facility with the U.S. Department of Energy (the “DOE Loan Facility”); the timing, scope and cost of Li-Cycle’s projects, including paused projects; the processing capacity and production of Li-Cycle’s facilities; Li-Cycle’s ability to source feedstock and manage supply chain risk; Li-Cycle’s ability to increase recycling capacity and efficiency; Li-Cycle’s ability to obtain financing on acceptable terms or at all; the success of Li-Cycle’s cash preservation plan; the outcome of the go-forward strategy of Li-Cycle’s Rochester Hub; Li-Cycle’s ability to retain and hire key personnel and maintain relationships with customers, suppliers and other business partners. There can be no assurance that such estimates or assumptions will prove to be correct and, as a result, actual results or events may differ materially from expectations expressed in or implied by the forward-looking statements.

These forward-looking statements are provided for the purpose of assisting readers in understanding certain key elements of Li-Cycle’s current objectives, goals, targets, strategic priorities, expectations and plans, and in obtaining a better understanding of Li-Cycle’s business and anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes and is not intended to serve as, and must not be relied on, by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability.

Forward-looking statements involve inherent risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Li-Cycle and are not guarantees of future performance. Li-Cycle believes that these risks and uncertainties include, but are not limited to, the following: Li-Cycle’s inability to fund the anticipated costs of, and realize the anticipated benefits from, its Spoke optimization plan; Li-Cycle’s inability to satisfy the drawdown conditions and access funding under the DOE Loan Facility; Li-Cycle’s inability to develop the Rochester Hub as anticipated or at all, and other future projects including its Spoke network expansion projects in a timely manner or on budget or that those projects will not meet expectations with respect to their productivity or the specifications of their end products; risk and uncertainties related to Li-Cycle’s ability to continue as a going concern; Li-Cycle’s insurance may not cover all liabilities and damages; Li-Cycle’s reliance on a limited number of commercial partners to generate revenue; Li-Cycle’s failure to effectively remediate the material weaknesses in its internal control over financial reporting that it has identified or its failure to develop and maintain a proper and effective internal control over financial reporting; and risks of litigation or regulatory proceedings that could materially and adversely impact Li-Cycle’s financial results. These and other risks and uncertainties related to Li-Cycle’s business are described in greater detail in the sections titled “Item 1A. Risk Factors” and “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operation—Key Factors Affecting Li-Cycle’s Performance” in its Annual Report on Form 10-K and the sections titled “Part II. Other Information—Item 1A. Risk Factors” and “Part I. Financial Information—Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operation—Key Factors Affecting Li-Cycle’s Performance” in its Quarterly Reports on Form 10-Q, in each case filed with the SEC and the Ontario Securities Commission in Canada. Because of these risks, uncertainties and assumptions, readers should not place undue reliance on these forward-looking statements. Actual results could differ materially from those contained in any forward-looking statement.

Li-Cycle assumes no obligation to update or revise any forward-looking statements, except as required by applicable laws. These forward-looking statements should not be relied upon as representing Li-Cycle’s assessments as of any date subsequent to the date of this press release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250116633461/en/

Investor Relations & Media

Louie Diaz

Sheldon D’souza

Investor Relations: [email protected]

Media: [email protected]

KEYWORDS: North America Canada

INDUSTRY KEYWORDS: EV/Electric Vehicles Mining/Minerals Alternative Energy Alternative Vehicles/Fuels Batteries General Automotive Energy Technology Automotive Natural Resources Engineering Automotive Manufacturing Manufacturing

MEDIA:

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FDA Authorizes All ZYN Nicotine Pouch Products Currently Marketed by Swedish Match in the U.S.

FDA decision makes ZYN the first authorized nicotine pouch product

Science-based decision affirms that ZYN nicotine pouches are a better alternative for adults who smoke or use other traditional tobacco products

RICHMOND, Va.–(BUSINESS WIRE)–
The U.S. Food and Drug Administration (FDA) today authorized ZYN nicotine pouches making ZYN the first and only authorized nicotine pouch in the United States. The FDA’s authorization of all ZYN nicotine pouches currently marketed by Swedish Match in the U.S. is an important step to protect the public health by providing better alternatives to cigarettes and other traditional tobacco products for adults 21+.

“An estimated 45 million Americans regularly consume nicotine and about 30 million of them smoke, the most harmful form of nicotine consumption,” said Tom Hayes, president of Swedish Match North America, LLC. “The FDA’s decision recognizes the role that ZYN can play in the protection of the public health by helping people switch from cigarettes and other traditional tobacco products.”

The FDA authorized the following products:

• ZYN Cool Mint 3 mg
• ZYN Cool Mint 6 mg
• ZYN Peppermint 3 mg
• ZYN Peppermint 6 mg
• ZYN Spearmint 3 mg
• ZYN Spearmint 6 mg
• ZYN Wintergreen 3 mg
• ZYN Wintergreen 6 mg
• ZYN Citrus 3 mg
• ZYN Citrus 6 mg
• ZYN Coffee 3 mg
• ZYN Coffee 6 mg
• ZYN Cinnamon 3 mg
• ZYN Cinnamon 6 mg
• ZYN Smooth 3 mg
• ZYN Smooth 6 mg
• ZYN Chill 3 mg
• ZYN Chill 6 mg
• ZYN Menthol 3 mg
• ZYN Menthol 6 mg

The FDA’s decision can be found here.

U.S. Marketing Practices Support 21+ Access Only

Swedish Match N.A. LLC is a subsidiary of Philip Morris International Inc. (PMI). PMI’s U.S. affiliates are committed to responsible marketing practices focused on limiting access to adults 21 years of age and older. PMI’s U.S. affiliates do not use social media influencers in the U.S. or people under the age of 35 in marketing materials. They also employ independent age-verification systems like “Double Verify” to direct digital advertising to those over 21, and owned digital platforms are age-gated at the point of access and restricted to current nicotine users of legal age. Swedish Match North America is a Manufacturer Advisory Council member of the We Card Program, a national nonprofit serving retailers of age-restricted products, and a founding board member and investor in TruAge®, a free retail technology that provides stores with a more accurate way of age verification, including the ability to detect fake IDs to ensure 21+ access only.

Philip Morris International: Delivering a Smoke-Free Future

PMI (PMI) (NYSE: PM) is a leading international tobacco company, actively delivering a smoke-free future and evolving its portfolio for the long term to include products outside of the tobacco and nicotine sector. The company’s current product portfolio primarily consists of cigarettes and smoke-free products. Since 2008, PMI has invested over $12.5 billion to develop, scientifically substantiate and commercialize innovative smoke-free products for adults who would otherwise continue to smoke, with the goal of completely ending the sale of cigarettes. This includes the building of world-class scientific assessment capabilities, notably in the areas of pre-clinical systems toxicology, clinical and behavioral research, as well as post-market studies. In 2022, PMI acquired Swedish Match – a leader in oral nicotine delivery – creating a global smoke-free champion led by the companies’ IQOS and ZYN brands. The U.S. Food and Drug Administration has authorized versions of PMI’s IQOS devices and consumables and Swedish Match’s General snus as Modified Risk Tobacco Products. Renewal applications for these IQOS products are pending before the FDA. As of June 30, 2024, PMI’s smoke-free products were available for sale in 90 markets, and PMI estimates that 36.5 million adults around the world use PMI’s smoke-free products. The smoke-free business accounted for approximately 38% of PMI’s total first-nine months 2024 net revenues. With a strong foundation and significant expertise in life sciences, PMI announced in February 2021 its ambition to expand into wellness and healthcare areas and aims to enhance life through the delivery of seamless health experiences. References to “PMI”, “we”, “our” and “us” mean Philip Morris International Inc., including its subsidiaries. For more information, please visit www.pmi.com and www.pmiscience.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250116398631/en/

Corey Henry

T. +1 (202) 679 7296

E. [email protected]

KEYWORDS: Virginia United States North America

INDUSTRY KEYWORDS: Professional Services Retail Health FDA Convenience Store Tobacco Finance

MEDIA:

Posted on January 16, 2025 1:08 pm

Thumzup Announces Appointment of Dr. Joanna Massey to Board of Directors

• Dr. Massey also serves as Lead Independent Director for KULR Technology Group and has served on several public and private company Boards handling M&A transactions, structured financings, initial public offerings and follow-on public offerings
• Previously, Dr. Massey held roles as Head of Communications at Condé Nast Entertainment and as a C-S
  uite
  Corporate Communications executive in numerous public companies, including Lions Gate Entertainment, CBS, Viacom, Discovery and Hasbro

Los Angeles, CA, Jan. 16, 2025 (GLOBE NEWSWIRE) — Thumzup Media Corporation (“Thumzup” or the “Company”) (NASDAQ: TZUP), an emerging leader in social media branding and programmatic marketing solutions, is pleased to announce the appointment of Dr. Joanna Massey to its Board of Directors. Dr. Massey serves as an independent director and Chair of the Nomination and Corporate Governance Committee.

Dr. Massey brings over 25 years of executive experience in communications and media, advising Fortune 500 companies, startups, and non-profits. She has held leadership roles, including Head of Communications at Condé Nast Entertainment and Senior Vice President of Corporate Communications at Lions Gate Entertainment, CBS Corporation, and Viacom, Inc. (now Paramount Global). Her expertise spans global brand reputation management, enterprise risk management, corporate governance, and digital media strategy.

Currently, Dr. Massey serves as a public and private company Board Director in various positions, including Chairman of the Board, Lead Independent Director, Chair of Nominating & Corporate Governance, Chair of Compensation, and a member of several Audit, Pricing and M&A Committees. In addition, Dr. Massey is a management consultant, and has served as Managing Director at Golden Seeds, an early-stage investment firm with over $175 million invested in nearly 250 female-led businesses. She holds an MBA from the University of Southern California and a Ph.D. in psychology from Sofia University, and she has participated in numerous leadership networks, including the National Association of Corporate Directors, Women Corporate Directors, and the Exceptional Women Alliance.

“We are pleased to have Dr. Massey join our Board of Directors. Her expertise across both private and public sectors, along with her significant personal investment in Thumzup, will provide significant value to our shareholders and support our continued growth,” stated Robert Steele, Chief Executive Officer of Thumzup.

The Thumzup app is available for download on the App Store and Google Play.

About Thumzup

^®

Thumzup Media Corporation (Thumzup) is democratizing the multi-billion dollar social media branding and marketing industry. Its flagship product, the Thumzup platform, utilizes a robust programmatic advertiser dashboard coupled with a consumer-facing App to enable individuals to get paid cash for posting about participating advertisers on major social media outlets through the Thumzup App. The easy-to-use dashboard allows advertisers to programmatically customize their campaigns. Cash payments are made to App users/creators through PayPal and other digital payment systems.

Thumzup was featured on CBS Los Angeles and in KTLA.

Legal Disclaimer

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These include, without limitation, statements about its potential growth, impacts on the advertising industry, plans for potential uplisting, and planned expansion. These statements are identified by the use of the words “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “continue,” “predict,” “potential,” “project” and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in our filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

Company Contact

Thumzup Investor Relations
[email protected]
800-403-6150

Media Contact

Jessica Starman
[email protected]

Attachment

• Thumzup Media Corporation

Posted on January 16, 2025 1:03 pm

LG&E announces first major data center electric customer

PR Newswire

LG&E’s new utility partnership with Poe Companies and PowerHouse Data Centers sets stage for Kentucky’s first hyperscale data center campus

LOUISVILLE, Ky.
, Jan. 16, 2025 /PRNewswire/ — Louisville Gas and Electric Company, a subsidiary of PPL Corporation, announced today its first hyperscale data center electric customer.

A joint venture between PowerHouse Data Centers, a leading real estate developer for next-generation hyperscale data centers and division of American Real Estate Partners (AREP), and Poe Companies, a Louisville-based real estate developer with properties in Kentucky and across the U.S., was announced earlier today. The joint venture is developing Kentucky’s cutting-edge 400-megawatt data center campus which will be located in Louisville. The first 130 megawatts will be available in October 2026.

“We are proud to serve Kentucky’s first hyperscale data center campus,” said John R. Crockett, president of LG&E and KU and chief business development officer for PPL Corporation. “This groundbreaking project will be historic for Kentucky and a continuation of new economic development announcements that are happening throughout the Commonwealth. We’re thankful for the Poe Companies and PowerHouse Data Centers teams for their vision and commitment to making this happen in Louisville and applaud the legislature and Governor Beshear for passing the enabling legislation that puts Kentucky on the data center map.”

The joint venture between Poe and PowerHouse combines both companies’ shared expertise, values, and vision for the campus and future development in the region. Poe is a distinguished real estate developer with a deep and proven record in delivering premium properties. Similarly, PowerHouse brings a successful track record of delivering real estate strategy and development across major markets nationwide.

 In 2024, the Kentucky Legislature approved a 50-year tax exemption program for data center projects located within Louisville and Jefferson County. Kentucky and the surrounding area have emerged as a key location for data centers seeking low-latency peering, and due to its location at the crossroads between the Mid-Atlantic markets and the Midwest.

“Louisville offers everything hyperscale users need in the market – immediate and reliable power at very attractive rates, water, connectivity and a business environment that encourages more hyperscale growth in the region,” said Doug Fleit, co-founder and CEO of PowerHouse. “The experience of working with Louisville Gas and Electric, the utility serving the site, has been a model for other utilities in the country to follow as well as a testament to Poe Companies’ relationships in the community and the market.” 

“Poe Companies is honored to partner with PowerHouse Data Centers, a truly world class data center developer, on this transformative project,” said Steve Poe, CEO of Poe Companies. “Our combined expertise and shared vision for innovation continues to position Louisville as a key hub for cutting-edge digital infrastructure.”

Displaying one of its core strengths as a developer, PowerHouse and Poe have secured access to an initial power capacity of 335 megawatts for this campus with near-term expansion up to 402 megawatts. The power supply will be supported by a new LG&E switch station, to be completed in September 2026, and a dedicated on-site substation. The campus will also benefit from access to the Louisville Water Company’s strong infrastructure system and excess capacity with its water treatment system as well as the Ohio River, with an average of 75 billion gallons flowing by Louisville daily, ensuring effective cooling and operational efficiency for high-density computing needs. With all essential zoning in place, the site will begin construction in 2025 with the first building scheduled to be operational by the fourth quarter 2026.

Louisville Gas and Electric Company and Kentucky Utilities Company, part of the PPL Corporation (NYSE: PPL) family of companies, are regulated utilities that serve more than 1.3 million customers and have consistently ranked among the best companies for customer service in the United States. LG&E serves 335,000 natural gas and 436,000 electric customers in Louisville and 16 surrounding counties. KU serves 545,000 customers in 77 Kentucky counties and 28,000 in five counties in Virginia. More information is available at www.lge-ku.com and www.pplweb.com.

For more information:
Contact the LG&E and KU 24/7 media hotline at (502) 627-4999.

View original content to download multimedia:https://www.prnewswire.com/news-releases/lge-announces-first-major-data-center-electric-customer-302353539.html

SOURCE Louisville Gas and Electric and Kentucky Utilities

Posted on January 16, 2025 1:03 pm

Northern and Central California STEM Students Encouraged to Apply for PG&E College Scholarships of Up to $10,000

PR Newswire

PG&E’s Employee Resource/Engineering Groups Also Offer College Scholarships for Combined Total of $600,000 This Year

OAKLAND, Calif.
, Jan. 16, 2025 /PRNewswire/ — The PG&E Corporation Foundation (PG&E Foundation) is inviting applicants for its annual Better Together STEM Scholarship Program for students pursuing Science, Technology, Engineering and Math (STEM) disciplines.

The PG&E Foundation will provide $350,000 in total funding for 60 scholarships in the amounts of $10,000, $5,000 and $2,500 awards for eligible students.

Better Together STEM Scholarships are designed to give the next generation of Californians an opportunity to learn and succeed in higher education and support students who have made an impact in their community or who have overcome personal challenges.

“For more than a decade, The PG&E Corporation Foundation has had the honor of helping students pursue careers as scientists, engineers and innovators powering California’s clean energy progress and future. It is our privilege to play a part in helping these young people grow and succeed in their academic and professional endeavors,” said Carla Peterman, PG&E Corporation Executive Vice President, Corporate Affairs and Chief Sustainability Officer, and Chair of the Board of The Foundation.

The Better Together STEM Scholarship program has evolved over the years to help lessen the financial burden of attending college for more students and their families.

In 2023, The PG&E Foundation added a new $5,000 scholarship that expanded the program to 20 additional students — up from 40 to 60 student recipients. In 2022, responding to a trend in applications from students admitted to Historically Black Colleges and Universities (HBCUs), eligibility expanded to students planning to attend HBCUs anywhere in the United States, in addition to California colleges and universities.

Since 2012, the Better Together STEM Scholarship Program has awarded $7.45 million to accomplished students based on a combined demonstration of community leadership, personal triumph, financial need and academic achievement. See videos of prior STEM Scholarship recipients.

Deadline and criteria 

Interested applicants can learn more and apply 

here

. Deadline to apply is March 14, 2025. Scholarships will be awarded by August.

Scholarships will be awarded based on academic achievement, demonstrated participation and leadership in school and community activities, and financial need. Students must pursue qualifying degrees in STEM disciplines include engineering, computer science/information systems, cybersecurity, environmental sciences, math and physics.

Applications are open to:

• High school seniors or graduates
• Students who have received a GED certification
• Current undergraduate students
• Non-traditional students or military veterans returning to school or pursuing their first undergraduate degree
• Applicants must live or be a dependent of a resident in PG&E’s service area in Northern and Central California; plan to enroll in full-time undergraduate study for the entire 2025-2026 academic year; and be seeking their first undergraduate degree at an accredited four-year institution in California or HBCU.

PG&E Employee Resource Group scholarships

In addition to the Better Together STEM Scholarship Program, PG&E’s 11 employee resource groups (ERGs) and two engineering networking groups (ENGs) award scholarships to help offset the cost of higher education. The funds are raised entirely through coworker donations, coworker fundraising events and the company’s coworker giving program. Since 1989, more than $6 million in ERG/ENG scholarships have been received by thousands of recipients. Apply here.

About The PG&E Corporation Foundation
The PG&E Corporation Foundation is an independent 501(c)(3) nonprofit organization, separate from PG&E and sponsored by PG&E Corporation.

 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/northern-and-central-california-stem-students-encouraged-to-apply-for-pge-college-scholarships-of-up-to-10-000–302352935.html

SOURCE PG&E Corporation

Posted on January 16, 2025 1:00 pm

Ovintiv to Host its 2024 Fourth Quarter and Year-End Results Conference Call and Webcast on February 27, 2025

PR Newswire

DENVER
, Jan. 16, 2025 /PRNewswire/ – Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its 2024 fourth quarter and year-end results conference call at 9:00 a.m. MT, on Thursday February 27, 2025. The Company plans to release its financial and operating results after market close, Wednesday February 26, 2025. In addition to the release, supplemental slides and financial statements will be available on the Company’s website, located at www.ovintiv.com.

To join the conference call without operator assistance, you may register and enter your phone number at https://emportal.ink/3W9vdna to receive an instant automated call back.

You can also dial direct to be entered to the call by an Operator. Please dial 888-510-2154 (toll-free in North America) or 437-900-0527 (international) approximately 15 minutes prior to the call.

The live audio webcast of the event, including slides, also will be available on Ovintiv’s website, under Investors/Presentations and Events, and will be archived for approximately 90 days.

Further information on Ovintiv Inc. is available at www.ovintiv.com, or by contacting: 

Investor contact: (888) 525-0304

[email protected]

Media contact: (403) 645-2252 

View original content to download multimedia:https://www.prnewswire.com/news-releases/ovintiv-to-host-its-2024-fourth-quarter-and-year-end-results-conference-call-and-webcast-on-february-27-2025-302353540.html

SOURCE Ovintiv Inc.