Category: Partners

NEW YORK CITY, NY / ACCESS Newswire / May 22, 2025 / Luminar Technologies (NASDAQ:LAZR), a leading global automotive technology company, today announced it has entered into a definitive agreement with YA II PN, Ltd., an investment fund managed by Yorkville Advisors Global, and another accredited investor to issue up to $200 million of convertible preferred stock to the investors in registered direct offerings over an 18-month period.

“Today’s transaction provides us with additional financial flexibility and further strengthens our balance sheet,” said Tom Fennimore, Chief Financial Officer of Luminar. “We’ve made substantial progress in extending our liquidity runway with our restructuring efforts, and the additional capital available to us under this facility provides us with another tool to realize our long-term value.”

Under the terms of the agreement, Luminar has issued $35 million in stated value of convertible preferred stock to the investors at initial closing, and may subsequently issue additional tranches of convertible preferred stock to the investors in amounts of up to $35 million not more than every 60 days (or 90 days if the prior tranche was more than $25 million), at a purchase price equal to 96% of the stated value of the convertible preferred stock. Issuances are subject to specified closing conditions, including certain conditions based on the trading price and volume of the company’s shares of common stock and the company’s continued compliance with the terms of the preferred stock. Luminar has no obligation to issue additional convertible preferred stock to the investors at any time after the initial closing. The proceeds from the initial $35 million issuance are expected to be used for general corporate purposes and debt retirement.

The terms, rights, obligations, and preferences of the convertible preferred stock, including voluntary conversion and redemption provisions, as well as beneficial ownership and voting restrictions and share cap limitations, were set forth in a certificate of designations filed with the Delaware Secretary of State prior to the initial closing. The convertible preferred stock will be convertible, at the holder’s option at any time, subject to certain exceptions as will be set forth in the certificate of designations, into shares of the company’s Class A common stock. The convertible preferred stock will rank junior to the company’s existing first and second lien senior secured and any unsecured debt. Under the terms of the certificate of designations for the convertible preferred stock, the company will be subject to covenants substantially consistent with those in the company’s senior secured debt, among other provisions.

D. Boral Capital LLC acted as the exclusive placement agent for the placement of the convertible preferred stock.

Additional details regarding the transaction were made available in a Form 8-K to be filed with the U.S. Securities and Exchange Commission.

This press release shall not constitute an offer to sell, or the solicitation of an offer to buy any of the securities described herein, 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 registration or qualification under the securities laws of any such state or jurisdiction.

About Luminar

Luminar is a global automotive technology company ushering in a new era of vehicle safety and autonomy. For the past decade, Luminar has built an advanced hardware and software/AI platform to enable its various partners, ranging from Volvo Cars and Mercedes-Benz to NVIDIA and Mobileye, to develop and deploy the world’s most advanced passenger vehicles. Following the launch of the Volvo EX90 as the first global production vehicle to standardize its technology, Luminar is poised to lead the industry in enabling next-generation safety and autonomous capabilities for global production vehicles. For more information, please visit www.luminartech.com.

About D. Boral Capital

D. Boral Capital LLC is a premier, relationship-driven global investment bank headquartered in New York. The firm is dedicated to delivering exceptional strategic advisory and tailored financial solutions to middle-market and emerging growth companies. With a proven track record, D. Boral Capital provides expert guidance to clients across diverse sectors worldwide, leveraging access to capital from key markets, including the United States, Asia, Europe, the Middle East, and Latin America.

A recognized leader on Wall Street, D. Boral Capital has successfully aggregated approximately $30 billion in capital since its inception in 2020, executing ~350 transactions across a broad range of investment banking products.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “aims,” “believe,” “may,” “will,” “estimate,” “set,” “continue,” “towards,” “anticipate,” “intend,” “expect,” “should,” “would,” “forward,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward-looking statements are based on expectations and assumptions by the Company management and involve a number of risks, uncertainties, and other factors that could cause actual results to differ materially from those stated, including but not limited to whether the Company will consummate the financing on the expected terms or at all, which could differ or change based upon market conditions or for other reasons. More information on these risks and other potential factors that could affect the Company’s business is included in the Company’s periodic filings with the SEC, including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s reports on Form 10-K and Form 10-Q, including the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 and subsequent reports filed with the SEC. The Company assumes no obligation to update any forward-looking statements, which speak only as of the date they are made.

For more information, please contact:

D. Boral Capital LLC
Email: info@dboralcapital.com
Telephone: +1 (212) 970-5150

SOURCE: D. Boral Capital

View the original press release on ACCESS Newswire

TORONTO, ON / ACCESS Newswire / May 22, 2025 / Cerrado Gold Inc. (TSX.V:CERT)(OTCQX:CRDOF)(FRA:BAI0) (“Cerrado” or the “Company“) announces that it will file its first quarter 2025 financial results on May 29, 2025, before the market opens. Financial results will be posted on SEDAR+ (www.sedarplus.com) under Cerrado’s issuer profile and on the Company website at www.cerradogold.com.

Conference Call Details

Cerrado Management will also host a conference call on May 29, 2025, at 11:00 AM ET to discuss the Q1 Financial and Operational results as well as the outlook for the Company. The accompanying presentation for the call can be found on the investor page on Cerrado Gold’s website at cerradogold.com. Call details are as follows:

Pre-Registration for Conference Call

Participants can preregister for the conference by navigating to:

https://dpregister.com/sreg/10200183/ff3862e66f

Participants will receive dial-in numbers to connect directly upon registration completion.

Those without internet access or unable to pre-register may dial in by calling:

PARTICIPANT DIAL IN (TOLL FREE): 1-833-752-3576

PARTICIPANT INTERNATIONAL DIAL IN: 1-647-846-8340

About Cerrado

Cerrado Gold is a Toronto-based gold production, development, and exploration company. The Company is the 100% owner of the producing Minera Don Nicolás and Las Calandrias mine in Santa Cruz province, Argentina. In Portugal, the Company holds an 80% interest in the highly prospective Lagoa Salgada VMS project through its position in Redcorp – Empreendimentos Mineiros, Lda. In Canada, Cerrado Gold is developing its 100% owned Mont Sorcier Iron project located outside of Chibougamou, Quebec.

In Argentina, Cerrado is maximizing asset value at its Minera Don Nicolas operation through continued operational optimization and is growing production through its operations at the Las Calandrias heap leach project. An extensive campaign of exploration is ongoing to further unlock potential resources in our highly prospective land package in the heart of the Deseado Masiff.

In Portugal, Cerrado focused on the exploration and development of the highly prospective Lagoa Salgada VMS project located on the prolific Iberian Pyrite Belt in Portugal. The Lagoa Salgada project is a high-grade polymetallic project, demonstrating a typical mineralization endowment of zinc, copper, lead, tin, silver, and gold. Extensive exploration upside potential lies both near deposit and at prospective step-out targets across the large 7,209-hectare property concession. Located just 80km from Lisbon and surrounded by exceptional infrastructure, Lagoa Salgada offers a low-cost entry to a significant exploration and development opportunity, already showing its mineable scale and cashflow generation potential.

In Canada, Cerrado holds a 100% interest in the Mont Sorcier Iron project, which has the potential to produce a premium iron ore concentrate over a long mine life at low operating costs and low capital intensity. Furthermore, its high grade and high purity product facilitates the migration of steel producers from blast furnaces to electric arc furnaces, contributing to the decarbonization of the industry and the achievement of sustainable development goals.

For more information about Cerrado please visit our website at: www.cerradogold.com.

Mark Brennan
CEO and Chairman

Mike McAllister
Vice President, Investor Relations
Tel: +1-647-805-5662
mmcallister@cerradogold.com

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE: Cerrado Gold Inc.

View the original press release on ACCESS Newswire

Askeladden Capital Shares Plan to Maximize Shareholder Value, Including Specific Operational Improvements Based on Extensive Primary Research

Transdigm’s May 2025 Acquisition of Public Aerospace Component Company Servotronics At 274% Premium Highlights Potential to Unlock Value at AstroNova Through Comprehensive Evaluation of Strategic Alternatives

CEO Greg Woods and Lead Independent Director Richard Warzala Were Colleagues In the 1990s; Long-Standing Relationships May Compromise Board Independence

AstroNova Has Suffered Severe and Persistent Shareholder Value Destruction Under Five Long-Tenured Board Members; Recent Statements Demonstrate Lack of Commitment to Shareholder Value

FORT WORTH, TX / ACCESS Newswire / May 22, 2025 / Askeladden Capital Management LLC

To AstroNova Shareholders,

I write to you as the portfolio manager of Askeladden Capital (collectively, “we”), which on behalf of our clients is the largest shareholder of AstroNova, owning approximately 9.2% of the shares. We recently filed our definitive proxy statement for the upcoming annual shareholder meeting scheduled for July 9th. You will soon receive these materials by mail and electronically through your broker.

The company callously suggests that you “disregard and discard” Askeladden’s GOLD proxy card.¹ We make no such recommendation about the company’s card.

Instead, we encourage you to make your own decision about who has the better plan, motivation, and capability to deliver value for all long-suffering shareholders of AstroNova. We encourage you to compare AstroNova’s recent financial results and long-term track record of shareholder value destruction with Askeladden’s rigorous analysis, including the plan we present below. We encourage you to speak to AstroNova’s management and Board as well as the Askeladden nominees, and ask each of us detailed, candid questions. In fact, on June 12^th at 11 AM ET, we plan to host a virtual town hall meeting for AstroNova shareholders to interact directly with our nominees. More details will follow, but for now, please save the date.

If and when elected, we will work tirelessly to maximize the value of your investment. We will solicit and incorporate your feedback about how to improve AstroNova. We do not have a monopoly on good ideas, and sincerely look forward to hearing yours.

This letter has two sections:

1. Askeladden’s plan to maximize value at AstroNova, including a clear explanation of the research backing the plan, and how our nominees’ specific and relevant expertise is critical to executing this plan. A very comparable transaction from earlier this week, Servotronics, highlights the potential value at AstroNova with better leadership.

2. Analysis of the shareholder value destruction that has occurred under the tenure of current directors Mr. Quain, Mr. Woods, Mr. Warzala, Ms. Schlaeppi, and Mr. Michas, with emphasis on longstanding relationships among certain of these Board members that calls into question their independence and objectivity. We also address some of the recent misleading claims made by these Board members, providing shareholders with important context, from the company’s own disclosures, that the company omitted.

SECTION 1: ASKELADDEN’S PLAN TO MAXIMIZE VALUE AT ASTRONOVA

1.1 Background to the Plan

AstroNova’s recent letter to shareholders falsely states “[Mr. Patel] has failed to provide concrete or additive ideas to unlock value for AstroNova.”² In fact, Askeladden has engaged with AstroNova on numerous occasions since 2023, seeking to understand the root causes of performance challenges and suggest responses.

In March, when we began to express our concerns and suggestions more forcefully, the company eventually simply stopped responding to our emails rather than attempting to engage with us. We then reluctantly began this proxy contest. The company’s proxy statement discloses that it has already spent $200,000 of shareholder money and anticipates a total expenditure of $1,000,000.³ Not once did the company even attempt to avoid such expenditure by addressing our concerns privately, even though we repeatedly requested them to do so. The company’s own proxy materials disclose that on March 21, 2025, when I submitted the nomination packet at company headquarters, “Mr. Patel requested to have a cup of coffee with [Chief Financial Officer] Mr. DeByle, and Mr. DeByle declined.” ⁴ Therefore, we humbly submit that a more accurate version of this statement might read: “AstroNova has failed to engage with Askeladden’s concrete and additive ideas to unlock value.”

Before publicly presenting a detailed plan, we took the time to conduct thorough due diligence of AstroNova’s operations and competitive position – something we believe is the fiduciary duty of a public-company Board, and something we believe the incumbent Board failed to do prior to consummating the MTEX acquisition. AstroNova recorded a $13.4 million impairment charge on MTEX less than a year after purchasing it for $18.7 million in cash and assuming certain MTEX debt, and discontinued 70% of the company’s product portfolio.⁵

Askeladden has researched AstroNova since 2016 and continuously been a 5% shareholder since 2020. Recently, we have developed an even deeper and broader understanding of AstroNova’s business by speaking to fifteen individuals with directly relevant expertise. We sought to understand the root causes of AstroNova’s challenges, as well as industry best practices.

These interviews have been extremely informative. For example, CEO Greg Woods frequently touts the “AstroNova Operating System” in conference calls and presentations, including referencing it during the most recent quarterly call in April 2025 as the path to fixing MTEX and driving strong returns on investment.⁶ Yet a former AstroNova employee who worked for the company for over four years, who managed a key integration project and was subsequently hired into Director / VP of Operations positions at two other companies, stated, verbatim:

“I don’t remember the AstroNova Operating System per se, which means that it didn’t stick out significantly to me in my career. I’m not going to say it was nothing, but it certainly wasn’t memorable.” ⁷

Other individuals whom we interviewed had backgrounds including, but not limited to:

• Managers at printhead technology providers such as Memjet and Epson who directly interacted with AstroNova (one also directly interacted with MTEX);

• C-level executives and key leaders at industrial printing peers such as Domino and Markem-Imaje, who oversaw significant growth or transformation of those businesses;

• A former sales representative and former sales executive at AstroNova, and a current customer whom they served;

• The principal of a private equity firm which thoroughly evaluated MTEX as a potential investment, as well as a former MTEX employee directly reporting to MTEX CEO Eloi Ferreira at the time of AstroNova’s acquisition

In the coming weeks, we will publish more comprehensive analysis of AstroNova’s performance and the best path forward based on these expert insights, with direct excerpts from transcribed interviews available to subscribers of platforms such as Tegus and In Practise.

Our research leads us to believe that AstroNova lacks a culture of accountability, has a dated business strategy in need of significant modernization, is overly reliant on its plan to utilize MTEX’s technology, and is missing key opportunities to better reach and serve its customers.

Our plan will leverage our nominees’ specific and relevant expertise to address the various issues that have arisen repeatedly in our research. We aim to move AstroNova’s strategy closer to best practices successfully utilized by peers. Unlike AstroNova’s existing management and Board, who seem resistant to feedback, we will remain data-driven, nimble, and open to new ideas.

Below is our three-part framework.

An important caveat: We are seeking five out of the six board seats up for election this year. Thus, if only one or two of the Askeladden nominees should be elected, there can be no guarantee that those directors would be able to implement the actions that Askeladden believes are necessary to unlock shareholder value. Whatever the outcome, each of the Askeladden nominees would, in elected, act as a fiduciary for shareholders and seek to work with other members of the Board to evaluate all opportunities to enhance shareholder value.

1.2: First 60 Days: Implement Culture of Accountability, Upgrade Executive Talent, and Improve Margins and Cash Conversion

Given AstroNova’s margin degradation since FY2024, limited availability under its revolving credit facility,⁸ and the volatile macroeconomic environment, our immediate priority during the first 60 days will be driving rapid improvement in gross and EBITDA margins as well as cash conversion, to maximize free cash flow generation. We will also seek to upgrade talent throughout the organization wherever needed, promoting or hiring individuals with a demonstrated history of excellence in rapidly meeting or exceeding targets.

We will implement an incentives-driven culture of accountability to drive operating results and shareholder value. Immediate priorities will include but not be limited to the following:

• Directors will meet with AstroNova’s lender to understand its concerns and discuss plans to pay down debt and create headroom on our line of credit;

• Shorten the cash cycle and reduce working capital by negotiating substantially better payables and receivables terms with vendors and customers and reduce inventory levels.

• Develop and implement a 26-week cashflow forecast to micromanage costs and preserve working capital.

• Directors will meet with large customers and suppliers to understand their concerns

• A/B test price increases, aiming to determine price elasticity and maximize margin dollars as well as return on capital employed;

• Assess and reprioritize marketing expenditures. This will start with calculation of cost per lead generated, conversion rate, return on advertising spend (ROAS), lifetime value to customer acquisition cost (LTV/CAC), and other relevant metrics to evaluate the effectiveness of sales and marketing expenditures. Based on this analysis, we will rebalance marketing expenditures, reducing spending on trade shows and reallocating those funds to search engine optimization (SEO), search engine advertising (SEA), and other forms of digital marketing, shifting spending to channels with the highest quantifiable ROI.

• Thoroughly review all major cost categories, reduce and defer non-essential expenditures such as travel and executive perks,

• Institute stricter controls including requiring CEO or CFO approval for all consulting, and related expenses;

• Audit customer and product-level profitability to determine and administer minimal contribution standards for margins and returns on capital employed

• Streamline the sales organization, institute processes to avoid competing against channel partners / distributors, and allocate sales resources to the highest-value activities, shifting low-value activities to other channels such as e-commerce.

1.3: Next 100 Days: Identify Highest-ROI Improvement Opportunities

AstroNova faces many challenges after years of mismanagement. While the company certainly needs some disruption to improve its results, it’s impractical and unwise to immediately and simultaneously address all potential issues we may identify. AstroNova is a small company, and we don’t want to unnecessarily stress the organization’s capacity for change.

Furthermore, some potential initiatives, such as consolidation of the manufacturing footprint, would take time and require investment.

Therefore, we will emphasize “low hanging fruit” – quick wins with limited up-front investment. We seek to maximize cash generation or margin improvement in the short term, without overwhelming the organization’s capacity to manage change or disrupting other initiatives.

Once the company is generating more substantial cash flows and has reduced its indebtedness, we will work to address the remaining issues and focus on longer-term strategic initiatives.

We will review:

• Product lines and market positioning – in which product categories and customer segments do we have a right to win, and do so profitably? Evaluate all aspects of the business through the lens of return on invested capital (ROIC) and focus investment in ROIC-maximizing areas, prioritizing returns and profitability over absolute size.

• Go-to-market strategy: conduct a deeper and more thorough segmentation and re-evaluation of the go-to-market strategy, including the appropriate methods (direct, channel, e-commerce) and sales team organization and compensation for each product line and customer type. Consider hiring a specific executive with relevant prior experience to manage and build the company’s global channel strategy.

• Customer strategy: center the organization around the customer to maximize the lifetime value of the installed base; deepen customer relationships and aim to become a trusted partner rather than just a supplier. Recognizing that labels are a small component of customers’ costs but a critical part that can prevent shipments and revenue recognition, aim to provide a superlative quality and reliability experience and compete on value and service rather than price. Implement “Voice of Customer” strategies, particularly for new product introductions, and institute and incentivize against key health metrics such as Net Promoter Score and customer retention (measured in both units and dollars).

• Analyze operating footprint: analyze make-vs-buy decisions for components that are currently (or could possibly be) vertically integrated using existing manufacturing capacity, and conversely any components that could be outsourced to reliable supply partners. Evaluate facilities and determine which products can most profitably be produced where.

• Evaluate production equipment, particularly in areas such as electronics and printed circuit boards, to determine areas where modest capital investments might drive tangible improvements in operating costs and product quality.

• Identify opportunities to monetize owned real estate, including working with the lender to determine their views on a sale-leaseback of the Chicago and West Warwick properties to reduce debt.

• Evaluate integration plans at MTEX and determine the best path forward for maximizing the value of that asset.

1.4: Ongoing: evaluate strategic alternatives and, when appropriate, execute on risk-adjusted value-maximizing opportunities

Based on our research and analysis, we think that AstroNova’s current corporate structure is inefficient. A portion of AstroNova’s unallocated corporate overhead attributable to public-company costs would be significantly reduced or eliminated in a transaction with a private purchaser or a larger public company. Furthermore, we think the Aerospace and Product Identification businesses have negligible overlap in customers and at best limited overlap in underlying technology. Both segments are individually much smaller than many of their peers. Many aerospace and printing companies have substantially larger revenues and thus a greater ability to leverage technology and marketing spend over a broader customer base.

Given AstroNova’s low liquidity and current depressed market valuation, we think a transaction or series of transactions resulting in the sale or merger of the company may represent the most efficient way to maximize shareholder value. After years of shareholder value destruction, fiduciary duty demands that the Board – whether the incumbents or our nominees – thoroughly investigate strategic alternatives. We will prioritize developing and implementing a viable standalone business strategy as a public company, and pursue whichever path maximizes shareholder value. It is critical for the company to at least be aware of the private-market value for the business as a whole, and its individual segments, and weigh that against its valuation in the public markets to determine the appropriate path forward. (For the latter scenario, tax considerations would factor into our assessment of the value-maximizing strategy).

We note Servotronics (SVT), a global designer and manufacturer of servo controls and other components for aerospace and defense applications, announced a merger with large aerospace manufacturer Transdigm (TDG) for $110 million in cash on May 19, 2025. That price is almost identical to AstroNova’s entire enterprise value as of May 20, 2025.^9,10 This all-cash transaction represents a 274% premium to Servotronics’ share price at the prior close. For the fiscal year 2024, Servotronics generated $44.9 million in revenue with only $8.2 million in gross profit and less than $1 million in Adjusted EBITDA.¹¹

Meanwhile, for its FY2025 ended a month later, AstroNova’s Test and Measurement segment (subsequently renamed Aerospace) generated a slightly higher $48.9 million in revenues with a much higher $11.1 million in segment operating profit. It seems reasonable to assume that a buyer evaluating these two businesses side by side would assign a higher valuation to AstroNova Aerospace given its modestly higher revenues and substantially higher profits. In other words (and apart from any tax considerations), that would imply that if AstroNova Aerospace was sold at a similar value, AstroNova could pay off all its debt and return cash to shareholders equivalent to roughly the current share price. Shareholders would then still own the entire Product Identification segment, with slightly over $100 million in annual revenues generated each of the past three fiscal years, which is clearly worth substantially more than the zero or even negative value implied if Servotronics’ valuation is applied to AstroNova Aerospace.¹²

While the Servotronics transaction is merely one data point, it demonstrates the potential value if AstroNova focuses on rapid improvements and evaluates strategic alternatives, rather than doubling down on a strategy promoted by the value-destroying incumbent CEO and Board.

1.5: Our Directors Have Specific and Relevant Experience To Execute the Plan

Shawn Kravetz. Mr. Kravetz has relevant experience as a change agent under similar circumstances. He joined the Board of Nevada Gold & Casinos, Inc. as a large shareholder frustrated by performance, including a recent acquisition. He served from 2016 until Nevada Gold was sold in 2019, including Chairman of the Corporate Governance and Nominating Committee. Mr. Kravetz was recently nominated for election to the Board of publicly-traded Spruce Power Holding Corporation by the company’s Nominating and Governance Committee.¹³

Jeff Sands. As Mr. Sands discusses in his book, “Corporate Turnaround Artistry: Fix Any Business in 100 Days,” he has successfully used techniques included in our plan to restore profitability at numerous businesses, including some merely weeks away from lender-forced liquidation. He has won the Turnaround Management Association “Turnaround of the Year” award three times. Mr. Sands has successfully worked with businesses such as a $100M supplier of aerospace components to Boeing (~2x the size of AstroNova’s Aerospace segment), as well as complex and capital-intensive businesses such as steel and pharmaceuticals. Given AstroNova’s significant recent decline in profitability and elevated inventory balances, Mr. Sands’ experience in driving rapid cash flow improvement is extremely relevant.

Ryan Oviatt. Mr. Oviatt has extensive experience – as CFO, CEO, and Board Member of Profire – of managing an industrial products business for margin and cash flow in the highly cyclical energy market. AstroNova’s relatively more advantaged capital-light business model, with substantial recurring revenues driven by a large installed base, provide a solid foundation to build on. Mr. Oviatt managed a team that used techniques such as automation of manual processes and key administrative functions, customer outreach, and performance-based incentive compensation programs designed to instill a sense of ownership throughout the company.

Boyd Roberts. Mr. Roberts was the youngest member of the executive team at Franklin Covey (FC) and has integrated and substantially grown an acquired division, with ownership of full P&Ls and high employee net promoter scores. Mr. Roberts has extensive experience with Franklin Covey’s customer-focused recurring-revenue business model. Mr. Roberts is fluent in Portuguese. His linguistic and cultural strengths uniquely qualify him to address the challenging MTEX acquisition, which we believe has suffered due to a cultural mismatch between the labor force at its facility in Porto in northern Portugal, and AstroNova’s American business culture.¹⁴

Samir Patel. As AstroNova’s largest shareholder, who has researched the business since 2016, I am deeply familiar with the company’s ongoing (flawed) strategy, contrary to the company’s misleading assertion that the company will be damaged by a new Board “unacquainted with recent decision-making.” ¹⁵ I will ensure that AstroNova’s operational and capital allocation decisions consistently maximize shareholder value.

1.6: Strategic Alternatives Qualifications

Our nominees, are, collectively, extremely qualified to evaluate whether AstroNova can generate more shareholder value through a standalone strategy, or through the sale of the company in whole or part. They have participated in the consummation of successful transactions.

• Mr. Sands has been involved in the sale of numerous private companies.

• As CEO and Board Member at public company Profire Energy, Mr. Oviatt helped lead the acquisition of two small private companies and the successful sale of Profire to a strategic public-company buyer, CECO Environmental. After multiple rounds of negotiation, Profire successfully achieved a final offer price 27.5% higher than CECO’s original offer, and an all-cash deal rather than the original offer of 75% cash and 25% stock. This final offer represented a 60.3% premium to Profire’s volume-weighted average share price over the 30 days prior to the Board approving the merger.¹⁶

• Mr. Kravetz was involved in the sale of Nevada Gold & Casino to a strategic buyer, Maverick Casinos.¹⁷

• Mr. Roberts has extensive experience with mergers and acquisitions from deal sourcing and negotiating through integration in his various roles at Franklin Covey, including Vice President of Corporate Development.

SECTION 2: THE CASE FOR CHANGE: WHY ASTRONOVA’S EXISTING BOARD SIMPLY ISN’T GOOD ENOUGH

2.1: Track Record of Poor Performance

We believe that AstroNova’s recent shareholder letter demonstrates that the existing Board is not serious about addressing shareholder value. To start, their letter claims that the election of new directors “presents a significant danger of damaging… employees’ morale.”¹⁸ That statement is difficult to take seriously when on March 20, 2025, the company announced “the reduction of approximately 10% of the Company’s global workforce, primarily in the PI [Product Identification] segment.” Poor management and governance has necessitated downsizing – hardly a boon for employee morale. A more profitable and growing AstroNova would benefit employees as well as shareholders by providing opportunities for bonuses and career growth.

The Company’s most recent shareholder letter, similarly, states that “our stock price has recovered from its low of $6.15 during the global pandemic, to its recent price of $9.00.” It is misleading and disingenuous for the Board and executives to compare today’s price to the depths reached during the pandemic – when travel, and life as we know it, was shut down on a global basis. In our view, focusing on the pandemic-low stock price, while ignoring a decade-plus track record of shareholder value destruction, highlights incumbents’ callous attitude towards owners.

We think much more relevant comparison points are:

1. AstroNova’s total shareholder return under the tenure of CEO Greg Woods and each of the other directors serving prior to 2025;

2. Shareholder returns since the disastrous MTEX acquisition in May 2024.

We further think it is important to compare AstroNova’s performance to relevant peers. Given AstroNova’s two distinct segments (Aerospace and Product Identification) and the absence of direct publicly-traded competitors, identifying an exact like-for-like peer group is challenging. As benchmarks for comparison, we have selected:

• the iShares Micro-Cap ETF (IWC) and iShares Small-Cap ETF (IWM) to reflect AstroNova’s market capitalization,

• the iShares US Aerospace & Defense ETF (ITA) to reflect AstroNova’s Aerospace segment,

• two U.S. companies offering industrial and label printing solutions (Brady Corporation, BRC and Zebra Technologies, ZBRA) to reflect AstroNova’s Product Identification segment.¹⁹ (We note that AstroNova’s Chief Technology Officer, Michael Natalizia, joined AstroNova in 1986, but worked as a Senior Engineer for Zebra Technologies from 2000 – 2005. We have identified two other AstroNova employees whose LinkedIn profiles cite prior roles at Brady Corporation or Zebra Technologies.^20,21)

None of these benchmarks is individually perfect. However, they collectively demonstrate that companies of similar size, producing similar products, or serving similar end markets, have delivered substantially greater returns over relevant time periods. We believe AstroNova’s incumbent Board is touting their resumes and their previous accomplishments elsewhere because their track record of total shareholder return at AstroNova is horrific.

Measured through the record date for the annual meeting (May 15, 2025), AstroNova’s total shareholder return (TSR) has severely underperformed each of these peers since each of the following milestones:

1. Mitch Quain joins Board – August 24, 2011

2. Greg Woods becomes CEO – February 1, 2014

3. Richard Warzala joins Board – December 6, 2017

4. Yvonne Schlaeppi joins Board – April 3, 2018

5. Alexis P. Michas joins Board – June 17, 2022

6. MTEX Acquisition announced – May 9, 2024

	TSR Since Mitchell Quain joins Board (August 24, 2011)	TSR since Greg Woods Named CEO (February 1, 2014)	TSR since Richard Warzala Joins Board (December 6, 2017)	TSR since Yvonne Schlaeppi Joins Board (April 3, 2018)	TSR since Alexis Michas Joins Board (June 17, 2022)	TSR Since AstroNova Announces MTEX (May 9, 2024)
AstroNova (ALOT)	40.1%	-28.3%	-37.0%	-43.5%	-24.1%	-51.1%
iShares Micro-Cap ETF (IWC)	228.8%	81.6%	37.8%	35.8%	18.2%	1.8%
iShares Small-Cap ETF (IWM)	264.2%	115.3%	52.5%	51.6%	31.0%	2.3%
iShares US Aerospace & Defense ETF (ITA)	629.0%	266.4%	101.7%	86.4%	86.5%	27.1%
Brady Corporation (BRC)	294.0%	254.6%	125.1%	132.7%	82.8%	26.1%
Zebra Technologies (ZBRA)	772.6%	442.80%	183.3%	113.4%	3.4%	-5.7%
Peer Median Performance	294.0%	254.6%	101.7%	86.4%	31.0%	2.3%
ALOT Underperformance vs. Peer Median	-253.9%	-282.9%	-138.7%	-129.9%	-55.1%	-53.3%
ALOT Underperformance vs. Worst Peer	-188.7%	-109.9%	-74.8%	-79.3%	-27.6%	-45.3%

This analysis demonstrates that AstroNova has dramatically underperformed its peers during the tenure of CEO Greg Woods and each of the directors who have enabled him.²² Excluding Mr. Michas and Mr. Nevin, the other four directors have had tenures of 7 to 14 years – and what have they accomplished for shareholders during this time? No matter when they joined the board, AstroNova’s share price today shows that the Company has substantially underperformed the worst-performing peer, let alone the median or the best-performing peer. ALOT has a negative absolute return under the tenure of Mr. Woods, Mr. Warzala, Ms. Schlaeppi, and Mr. Michas.

2.2 Long-Standing Relationships May Compromise Board Independence and Objectivity

We think an intertwined web of long-term relationships among four of the five longer-serving Board members may explain their reluctance to hold Mr. Woods accountable:

• Mitchell Quain has been a director since 2011 and was thus part of the Board that appointed Mr. Woods CEO.

• Lead Independent Director Richard Warzala and Mr. Woods both worked at Buffalo, NY based American Precision Industries (API) in the mid to late 1990s, through its subsequent acquisition by Danaher. Mr. Woods’ final role was President, API Controls while Mr. Warzala’s was President, API Motion.^23,24

• From 2015 – 2017, Alexis P. Michas served on the Board of Allied Motion Technologies (the former name of Allient, Inc), where according to AstroNova’s proxy statement, Mr. Warzala has served as CEO since 2009 and Chairman since 2014.²⁵

AstroNova has been at the bottom of the selected benchmarks during the tenure of each of these directors. Shareholders have suffered for long enough. The time for substantial Board refreshment is now.

2.3 Lack of Organic Growth

The company’s own recent words demonstrate its lack of commitment to shareholder value. The company trumpets its growth in revenues and operating income but omits important facts, thereby misleading shareholders:

“The strategic repositioning of our Company in the last eleven years has translated into a much-improved financial profile. Since fiscal 2014, AstroNova has delivered a 7.5% compound annual growth rate (“CAGR”) in revenue. While operating income was a loss of $8.6 million in fiscal 2025, adjusted operating income¹ over the eleven-year period grew at a 12.2% CAGR.”²⁶

FY2014 is a particularly favorable starting point: GAAP operating income nearly halved from $2.9 million in FY2013 to $1.5 million in FY2014.²⁷ The company sold its medical division, Grass Technologies, on January 31, 2013, for $18.6 million in cash, depressing operating income the following year.²⁸

Further, its Form 10-K for FY2024 notes “at the end of fiscal 2014, we had approximately $27 million of cash, cash equivalents and investments held for sale.” The balance sheet listed no debt and only $11.4 million in total liabilities, primarily comprised of working capital items such as accounts payable, accrued compensation, and other accrued expenses. Additionally, the company discloses that it spent $6.7 million to purchase the ruggedized printer product line from Miltope on January 22, 2014 – so this acquisition contributed virtually nothing to FY2014 results given it was only owned for a week, but would have benefited FY2015 results.

11 years later, for FY2025, AstroNova reports $5.1 million of cash and equivalents²⁹, with $46.6 million of total indebtedness, and $69.8 million of total liabilities. In other words, AstroNova today has over $41 million in net debt, whereas it had over $27 million in net cash when Mr. Woods became CEO, along with nearly $7 million spent on an acquisition merely a week prior. That balance sheet swing of approximately $75 million is essentially equivalent to AstroNova’s entire market capitalization today. We further note that according to Form 10-K disclosures over the past 11 years, AstroNova has spent roughly $92 million on acquisitions since the start of January 2014.³⁰

	Date	Purchase Price (Millions)	Notes
Miltope	January 22, 2014	$6.7
RITEC	June 18, 2015	$7.4
TrojanLabel	February 1, 2017	$9.1
Honeywell	September 28, 2017	$29.6	$14.6 million in up-front cash, $15.0 million in minimum royalty obligations, and additional excess royalty obligations – we are only including the minimum obligations and the cash payment
Astro Machine	August 4, 2022	$17.0
MTEX	May 9, 2024	$22.1	$18.7 million cash purchase price and $3.4 million of MTEX debt assumed.
Total		$91.9

What did the company get in return for spending this shareholder capital? While the company does not always disclose financials for individual transactions, the company disclosed that it purchased Astro-Machine for $17.1 million in cash in August 2022; the business generated $22 million in revenue with “mid-teens” operating margins – implying over $3 million in operating income or a purchase value of less than 6x operating income.³¹

If AstroNova had spent the remaining $75 million at double the valuation paid for Astro-Machine, the company would have been able to add over $6 million of operating income, in addition to the $3 million delivered by Astro-Machine, for a total of $9+ million in additional operating income.

Yet the company’s own table discloses that non-GAAP operating income grew from $1.86 million as of FY2014 to $6.6 million in FY2025.³² Total operating income is thus less than what the company should have been able to acquire for $92 million. Operating income has grown less than $5 million in 11 years, compared to the over $9 million that they should have generated by deploying over $90 million in shareholder capital, to say nothing of organic growth they should have generated along the way.

Even if we exclude the ongoing MTEX losses, this suggests that AstroNova has not generated organic growth or profitability improvement from the many acquisitions it has consummated, and in fact has likely seen deteriorating results in the businesses that it has purchased.

So Mr. Woods has indeed grown revenues and income by spending the cash he inherited, then borrowing more – but he has not created shareholder value in the process. Most recently, the disastrous MTEX acquisition – which added significant debt while reducing earnings and cash flow due to ongoing losses at MTEX – resulted in breached debt covenants, forcing AstroNova to seek a waiver and deferred debt payment schedule from the lender, which was subsequently granted.³³ AstroNova’s letter to shareholders fails to mention this precarious financial situation.

2.4 Guidance for FY 2026 Still Below FY2024 Actual Results

Meanwhile, although the company is pointing to its expected growth in FY2026, it neglects to mention that it still expects to be behind where it was in FY2024, even with the costly addition of MTEX.

In FY2025, excluding MTEX (i.e., organically), revenue declined to $147.1 million from $148.1 million in FY2024, and operating income declined to $8.2 million from $8.8 million in FY2024.³⁴Including MTEX but excluding the associated goodwill impairment of $13.4 million less than a year(!) after purchase, AstroNova’s revenue increased from $148.1 million in FY2024 to $151.3 million in FY2025, but operating income decreased from $8.8 million in FY2024 to $4.8 million in FY2025, with MTEX losing over $3 million even without the goodwill impairment.

The company boasts of its guidance of $160 to $165 million in revenue with 8.5% to 9.5% Adjusted EBITDA margins, but even if the company achieves the high end of this guidance, it would only generate $15.7 million in Adjusted EBITDA. For FY 2024, it had $17.6 million of Adjusted EBITDA excluding restructuring and retrofit-related items.³⁵ So despite the costly MTEX acquisition, FY2026 results – even at the high end of guidance – would still fall below FY2024 results.

2.5 MTEX Strategy Faces Many Pitfalls

Finally, the company’s strategy to fix the ailing Product Identification segment appears primarily based on the roll-out of new MTEX technology. We have multiple reasons to believe this is an unsound approach. First, it is worth asking: if this technology is so revolutionary, why has MTEX been unable to sell it profitably so far as part of AstroNova, and why was it necessary to discontinue 70% of the MTEX product portfolio and write off 70% of the purchase price less than a year after consummation of the acquisition?³⁶

We believe MTEX was an immature business for which AstroNova vastly overpaid, with newly-developed products which may have reliability issues. A former Senior Vice President at Memjet – who worked closely with both AstroNova and MTEX – observed the following (note that “Trojan” refers to AstroNova’s TrojanLabel product line, specifically the T2-C):

The purchase price paid by AstroNova for MTEX, I compare that with the solidity of the Astro Machine business, which was a similar order of magnitude purchase price […] when I compare that to MTEX and the fact that the business was significantly less mature, the fact that one minute, MTEX is making an ATOM, Trojan two Compact competitor, then moves into an overprinter, then starts selling UV cabinets for clothing during COVID, to then switch back to trying to extend into more expensive, higher markets in terms of the packaging segment, it seemed like a very rich price, given that less maturity and with a very fluid product portfolio. […]

Just one last thing to mention about MTEX. I think there was also a lot of disquiet in the marketplace in terms of their ability, that they grew very fast and then to support products. There were a number of situations where I heard from OEMs and resellers who would struggle to get post-sales support when there were issues with the technology.

When it’s one or two, that can be very much a customer-specific scenario. When you get a little bit more of a regular point of feedback around that, then it raises some more questions. I think I’ve read some online comments about the support experience. I think that was another area that was questionable for me around their potential ability.³⁷

We note that AstroNova is no stranger to quality issues, with ink quality issues that were not resolved until the end of FY2024 after originally surfacing at the end of FY2022³⁸, despite assurances that it would be a short term fix.³⁹ We question why AstroNova’s Board agreed to pay such a robust price for MTEX – a price they had to write down by 70% relative to cash outlay less than a year later – despite MTEX’s history and seemingly foreseeable potential issues. What kind of due diligence did the Board conduct prior to this acquisition? If they missed these issues, what might they still be missing about the technology upon which AstroNova’s future products apparently rely?

Second, even if AstroNova can work through these reliability concerns, the company’s claim that it is at an “inflection point… positioned to drive meaningful growth and profitability”⁴⁰ needs additional context. The Company’s own earnings presentation discloses that the company’s Product Identification segment has an installed base of 10,000+ printers with 82% recurring revenue, and only 18% of FY25 revenue attributable to hardware / the sales of new printers.⁴¹

While exact lifespans vary depending on the model, maintenance, and usage, we believe inkjet printers and label printers have a lifespan of 3 – 7 years, with well-maintained models potentially lasting longer.⁴² AstroNova’s large installed base and recurring revenue base is clearly one of the company’s greatest strengths, but it also means that a new technology rollout cannot be accomplished quickly. Even if this new technology proves to be reliable and achieves product-market fit – as of yet unproven – and even if it benefits margins – also as-of-yet unproven, given that MTEX has reported substantial operating losses even excluding its goodwill impairment – it could be 2030 or beyond before the existing installed base is fully replaced by this new technology. We believe that a more balanced focus including other levers to improve performance would be much more advantageous.

Conclusion

Under the 11-year tenure of CEO Greg Woods and the tenure of each of the four Board members nominated prior to 2025, AstroNova shareholders have suffered substantial value destruction, including a loss of almost 50% of the value of their investment over the year following the MTEX acquisition.

The incumbent Board has stood idly by. The current CEO and Board fail to take advantage of AstroNova’s inherently attractive qualities, such as its large base of recurring revenue. AstroNova needs more talented management, a better strategy aligned with industry best practices, and a stronger governance framework focused on accountability to results and shareholder returns. Finally, the company’s Board owes shareholders a comprehensive strategic alternatives process, to determine whether a transaction, or series of transactions, would provide a superior risk-adjusted outcome for shareholders relative to remaining public.

Our slate of nominees has the skills, experience, and motivation to effectively address each of these challenges. We look forward to rolling up our sleeves and working to maximize the value of your investment.

I encourage all shareholders, large or small, to reach out to me directly if they wish to share their perspectives on AstroNova and discuss how our nominees can set the company on a path to a brighter future. I have committed to not accepting any cash or stock compensation for serving as a director (only customary reimbursement of expenses.) My sole motivation is the restoration of shareholder value on behalf of my clients and all long-suffering AstroNova shareholders.

I look forward to speaking with you individually and earning your vote. As a reminder, on June 12^th at 11 AM ET, we plan to host a virtual town hall meeting for AstroNova shareholders to interact directly with our nominees. More details will follow, but please save the date.

This filing, and future filings, will also be made available to shareholders after dissemination on EDGAR via our website: https://www.askeladdencapital.com/astronova/

These documents will also be available at no cost at www.sec.gov.

Sincerely,

Samir Patel
samir@askeladdencapital.com
(682) 553-8302

Samir Patel, Askeladden Capital Management LLC, Jeff Sands, Shawn Kravetz, Ryan Oviatt and Boyd Roberts (collectively the “Participants”) filed a definitive proxy statement and accompanying proxy card with the SEC on May 20, 2025, as amended on May 21, 2025, to be used in soliciting proxies in connection with the 2025 annual meeting of shareholders (the “Annual Meeting”) of AstroNova, Inc. (the “Company”). All shareholders of the Company are advised to read the Proxy Statement and other documents related to the solicitation of proxies, each in connection with the Annual Meeting, by the Participants, as they contain important information, including additional information related to the Participants, including a description of their direct or indirect interests by security holdings or otherwise. The Proxy Statement and an accompanying GOLD proxy card will be furnished to some or all of the Company’s stockholders and is, along with other relevant documents, available at no charge on the SEC website at http://www.sec.gov, or by contacting Samir Patel at 1452 Hughes Road, Suite 200 #582, Grapevine, TX, 76051.

---

¹⁷Maverick Casinos Announces Sales/Merger Agreement with Nevada Gold. September 2018.
https://www.maverickgaming.com/uncategorized/maverick-casinos-announces-sales-merger-agreement-with-nevada-gold/

View the original press release on ACCESS Newswire

Guide leverages Stream Hatchet’s influencer analytic and management capabilities to help creators understand campaigns and tactics to reach 
live streaming audiences

The report highlights opportunities to capitalize on the estimated $32.6 billion global market in 2025 for influencer marketing

View the report: Expert Influencer Marketing Tips – Free Download

FRISCO, TEXAS / ACCESS Newswire / May 22, 2025 / Stream Hatchet, the leading provider of data analytics for live streaming, influencer and gaming ecosystems and wholly-owned subsidiary of GameSquare Holdings (NASDAQ:GAME), (“GameSquare”, or the “Company”), has released an influencer marketing guide to help creators reach and track live streaming audiences.

The report leverages the combined expertise of Stream Hatchet and Sideqik, another GameSquare subsidiary, which recently launched influencer marketing campaign management tools as part of their integrated solutions.

Influencer marketing has surged in popularity. According to Influencer Marketing Hub the global influencer marketing market has grown from $1.4 billion in 2014 to a projected $32.6 billion in 2025. More than 80% of marketers view influencer marketing as a highly effective strategy, with 64% of brands planning to run influencer campaigns in 2025. Among the various influencer types, streamers represent an emerging category, offering exciting opportunities for innovative campaign strategies. In 2024, viewers consumed over 32.5 billion hours of livestreamed content across all platforms.

With deep expertise in analyzing, managing, and executing live streaming campaigns, Stream Hatchet and Sideqik bring valuable insights to brands and creators. The newly released guide highlights the rising importance of influencer marketing, offers a step-by-step roadmap for campaign execution, and includes real-world case studies. Special attention is given to the unique opportunities in live streaming, showcasing how cutting-edge activations are changing the way brands engage with new players, buyers, and consumers.

“GameSquare’s Stream Hatchet and Sideqik business units have created a powerful end-to-end influencer marketing solution,” said Justin Kenna, CEO of GameSquare. “They are well-positioned to help brands and video game publishers succeed in the rapidly expanding live streaming marketplace.”

Access to the report is available at Expert Influencer Marketing Tips – Free Download

For more information on Stream Hatchet and insight into the esports and streaming markets, please visit their website at www.streamhatchet.com.

About GameSquare Holdings, Inc.

GameSquare’s (NASDAQ: GAME) mission is to revolutionize the way brands and game publishers connect with hard-to-reach Gen Z, Gen Alpha, and Millennial audiences. Our next generation media, entertainment, and technology capabilities drive compelling outcomes for creators and maximize our brand partners’ return on investment. Through our purpose-built platform, we provide award winning marketing and creative services, offer leading data and analytics solutions, and amplify awareness through FaZe Clan Esports, one of the most prominent and influential gaming organizations in the world. With one of the largest gaming media networks in North America, as verified by Comscore, we are reshaping the landscape of digital media and immersive entertainment. GameSquare’s largest investors are Dallas Cowboys owner Jerry Jones and the Goff family.

To learn more, visit www.gamesquare.com.

About Stream Hatchet

Stream Hatchet delivers real-time, actionable insights into the gaming and live-streaming ecosystem across 16 platforms. From performance benchmarking to campaign ROI and influencer intelligence, Stream Hatchet empowers game publishers, brands, agencies, and tournament organizers with the industry’s most granular data and reporting tools.

For more information visit www.streamhatchet.com.

Forward-Looking Information

This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: the Company’s and FaZe Media Inc.’s future performance, revenue, growth and profitability; and the Company’s and FaZe Media’s ability to execute their business plans. These forward-looking statements are provided only to provide information currently available to us and are not intended to serve as and must not be relied on by any investor as, a guarantee, assurance or definitive statement of fact or probability. Forward-looking statements are necessarily based upon a number of estimates and assumptions which include, but are not limited to: the Company’s and FaZe Media’s ability to grow their business and being able to execute on their business plans, the Company being able to complete and successfully integrate acquisitions, the Company being able to recognize and capitalize on opportunities and the Company continuing to attract qualified personnel to supports its development requirements. These assumptions, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the Company’s ability to achieve its objectives, the Company successfully executing its growth strategy, the ability of the Company to obtain future financings or complete offerings on acceptable terms, failure to leverage the Company’s portfolio across entertainment and media platforms, dependence on the Company’s key personnel and general business, economic, competitive, political and social uncertainties. These risk factors are not intended to represent a complete list of the factors that could affect the Company which are discussed in the Company’s most recent MD&A. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. GameSquare assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

Corporate Contact

Lou Schwartz, President
Phone: (216) 464-6400
Email: ir@gamesquare.com

Investor Relations

Andrew Berger
Phone: (216) 464-6400
Email: ir@gamesquare.com

Media Relations

Chelsey Northern / The Untold
Phone: (254) 855-4028
Email: pr@gamesquare.com

SOURCE: GameSquare Holdings, Inc.

View the original press release on ACCESS Newswire

NEW YORK CITY, NEW YORK / ACCESS Newswire / May 22, 2025 / AstraBit has officially launched its Elite Trader Program, a system built to bring trust, accountability, and verified performance to the world of crypto copy trading.

From a simple, single interface, experienced traders can now trade across multiple integrated centralized and decentralized exchanges simultaneously, monetizing their expertise in the digital asset space. Followers can subscribe and automatically mirror those trades through the integrated exchange of their choice.

AstraBit is offering a new model prioritizing efficiency, fairness, transparency, and structure, because we believe innovation should not be lawless. The Elite Trader Program gives vetted, approved, and experienced traders the ability to share and monetize their trades, and allows subscribers to potentially benefit from their knowledge and experience.

“Our goal is to make crypto investment and copy trading accessible and accountable,” said Cam Paulding, CMO of AstraBit. “With AstraBit approved Elite Traders, subscribers aren’t blindly copying ‘finfluencers’ with potential ulterior motives. Subscribers can invest collaboratively with vetted, verified traders who have past track records of success.”

Elite Traders must complete a rigorous application process and provide a verifiable trading history that will be analyzed by AstraBit’s portfolio system and evaluated by our team of licensed professionals. AstraBit’s goal is to ensure risk/return parameters are aligned with various investor objectives. Once approved, Elite Traders receive access to a personal admin dashboard where they can build, manage, and offer their services to subscribers.

Members benefit from AstraBit’s curated marketplace of experienced traders and strategists. Every Elite Trader will undergo thorough review, to help give subscribers confidence that they’re collaborating with serious traders, not anonymous accounts with no accountability.

“Elite Trader reflects what AstraBit stands for: transparency, credibility, and giving our members the tools to help them make more informed decisions,” said Nicholas Bentivoglio, CEO and Co-Founder of AstraBit. “It’s time for this space to mature and be accountable.”

AstraBit is designed to give members and their financial professionals the tools and confidence to engage with the crypto space in a secure and structured way designed to bring integrity and opportunity to everyone.

The AstraBit Elite Trader Program is now accepting applications. To learn more or apply, visit https://elite.astrabit.io.

Disclaimer:
Crypto trading involves significant risk and may result in the loss of your capital. Past performance does not guarantee future results. AstraBit does not make any representations or warranties regarding expected returns or outcomes from the use of its platform or copy trading features. Users should conduct their own research and consider consulting with a licensed financial professional before making trading decisions or using any AstraBit product or service. Any return data provided by AstraBit is for informational processing only, and has not been audited by an independent third party.

About AstraBit:
AstraBit is a US-based, veteran owned and operated automated crypto trading, staking and portfolio management platform that connects to both centralized and decentralized exchanges. Built for investors and traders of all experience levels, AstraBit offers a unified system for bots, analytics, copy trading and more. AstraBit’s core mission is focused on transparency, integrity, and accountability, because we believe innovation should not be lawless.

Press Contact:
Cam Paulding
Chief Marketing Officer, AstraBit
Email: marketing@astrabit.io
Website: https://astrabit.io

SOURCE: AstraBit

View the original press release on ACCESS Newswire

VANCOUVER, BC / ACCESS Newswire / May 22, 2025 / 1933 Industries Inc. (the “Company” or “1933 Industries”) (CSE:TGIF)(OTC PINK:TGIFF), a Nevada-focused cannabis cultivator and producer, is pleased to announce that the Membership Interest Purchase Agreement (the “MIPA”) entered into by its wholly owned subsidiary, FN Pharmaceuticals, and Mr. Caleb Zobrist (the “Seller”) to acquire his nine percent (9%) of the issued and outstanding membership interests of Alternative Medicine Association LC (“AMA”) has been amended (refer to news release dated April 8, 2024).

Under the amended terms of the MIPA, the purchase price (the “Purchase Price”) for the Membership is a total of USD$50,00, payable to the Seller USD$25,000 in cash and USD$25,000 through the issuance of shares of common stock of 1933 Industries (the “Shares”). The final number of Shares to be issued to the Seller is 5,503,450 as determined via the 10 day VWAP price of the Shares on November 27, 2024, being the date the transactions contemplated by the MIPA (the “Transaction”) were approved by the Nevada Cannabis Compliance Board.

The Shares are subject to a hold period in Canada expiring on October 1, 2025. Additional restrictions will apply pursuant to the Securities Act of 1933, as amended.

The parties have set the closing date for the Transaction as May 30, 2025. With the completion of the MIPA, FN Pharmaceuticals owns 100% of the membership interest in AMA, the Company’s cultivation and production subsidiary.

As Mr. Zobrist was a senior officer of the Company at the time the MIPA was entered into, he is a “related party” to the Company within the meaning of Multilateral Instrument 61-101- Protection of Minority Security Holders in Special Transactions (“MI 61-101”). As such, the transaction constitutes a “related party transaction” within the meaning of MI 61-101.

The Company intends to rely on exemptions from formal valuation and the minority shareholder approval requirements of MI 61-101 found in sections 5.5(a) and 5.7(1)(a) of MI 61-101 as the fair market value of the transaction does not constitute more than the 25% of the Company’s market capitalization.

About 1933 Industries Inc.

1933 Industries is a Nevada-based licensed wholesale producer, focused on the cultivation and extraction of a large portfolio of cannabis consumer products in a variety of formats under its flagship brands, Alternative Medicine Association (AMA) and Level X. Its product offerings are cultivated at the Company’s 68,000 sq. ft. indoor facility and marketed directly to retail dispensaries. AMA branded flower, infused pre-rolls, and in-house boutique concentrates consistently rank as the top products sold in Nevada. For more information, please visit www.1933industries.com

For further information please contact:
Alexia Helgason, VP, Investor Relations
604-728-4407
alexia@1933industries.com

Brian Farrell, Chairman and CEO
brian@1933industries.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Notice regarding Forward Looking Statements: This news release contains forward-looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this news release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents, which can be found under the Company’s profile on www.sedar.com. 1933 Industries undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE: 1933 Industries Inc.

View the original press release on ACCESS Newswire

NEW YORK, NY / ACCESS Newswire / May 22, 2025 / VIPRE Security Group (VIPRE), a leading global provider of cybersecurity solutions and a Ziff Davis company, today announced the strategic acquisition of Forensic and Compliance Systems (FCS), including its established Cryoserver and Solar Archive brands. This acquisition significantly enhances VIPRE’s email security portfolio, reinforcing its commitment to delivering comprehensive data protection and compliance solutions for businesses and Managed Service Providers (MSPs) globally.

Based in the UK and Dublin, FCS brings a strong legacy in integrated email archiving solutions since its founding in 2006. Its two key brands are:

• Cryoserver: A robust and user-friendly email archiving solution, available both on-premise and in the cloud, serving a diverse customer base across Europe and North America. Known for its strong security and comprehensive features, Cryoserver ensures secure storage and easy retrieval of email communications critical for compliance, eDiscovery, and business continuity.

• Solar Archive: A globally recognized white-label, cloud-based email archiving solution specifically designed for MSPs and Original Equipment Manufacturers (OEMs). Solar Archive offers a scalable, efficient, and low-maintenance platform, empowering partners to deliver premier archiving services under their own brand.

This strategic acquisition significantly deepens VIPRE’s suite of cyber security and compliance offerings, leveraging FCS’s proven technology. The acquisition also presents a significant opportunity to expand VIPRE’s MSP network by introducing its portfolio of email and endpoint security, and security training solutions to FCS’s partner ecosystem. Looking ahead, VIPRE is committed to accelerating the product roadmaps for Cryoserver and Solar Archive, making strategic investments in their continued growth. This will lead to a more compelling offering for customers and partners, significantly strengthening our overall value proposition.

“This acquisition marks a significant milestone in our mission to provide the most comprehensive and secure email archiving solutions available,” stated Usman Choudhary, General Manager of VIPRE Security Group. “By uniting Cryoserver’s direct-to-market strength with Solar Archive’s innovative partner-centric platform, VIPRE is uniquely positioned to address the evolving compliance, security, and operational demands of organizations and MSPs worldwide.”

About VIPRE Security Group

VIPRE Security Group, part of Ziff Davis, Inc., is a leading provider of internet security solutions purpose-built to protect businesses, solution providers, and home users from costly and malicious cyber threats. With more than 25 years of industry expertise, VIPRE is one of the world’s largest threat intelligence clouds, delivering exceptional protection against today’s most aggressive online threats. Its award-winning software portfolio includes next-generation antivirus endpoint cloud solutions, advanced email security products, along with threat intelligence for real-time malware analysis, and security awareness training for compliance and risk management. VIPRE solutions deliver easy-to-use, comprehensive layered defense through cloud-based and server security, with mobile interfaces that enable instant threat response.

The group operates under various brands, including VIPRE®, StrongVPN®, IPVanish®, Inspired eLearning®, Livedrive®, and SugarSync®. www.VIPRE.com.

CONTACT:

Scott Rupp
+19414487566

SOURCE: VIPRE Security Group

View the original press release on ACCESS Newswire

A new Field Operations & Retail Channel Engagement activation team has launched in Las Vegas to onboard 200 new stores and establish a scalable model for nationwide expansion.

LAS VEGAS, NV / ACCESS Newswire / May 22, 2025 / GPO Plus, Inc. (OTCQB:GPOX), an AI-powered distributor revolutionizing product delivery to gas stations and convenience stores through its innovative, tech-driven Direct Store Delivery (DSD) model, today announced the deployment of its Field Operations & Retail Channel Engagement sales team (“G-FORCE”) in Las Vegas to drive new retail account growth and deepen market penetration.

G-FORCE is a field-based sales team designed to open new accounts, accelerate product placement, collect data at the store level, and increase revenue. The initial goal is to activate 200 new retail locations across the Las Vegas metropolitan area.

This hands-on activation initiative is part of a larger, coordinated growth strategy now being executed following a strong Q3, where GPOX reported a 30% reduction in operating expenses and a significant increase in gross margins from 15% to 28%. With operations streamlined and margins improving, the company is entering a new expansion phase, and a field activation team is a key growth lever within that framework.

“The field activation team is a critical component of our national rollout strategy,” said Brett H. Pojunis, CEO of GPO Plus, Inc. “This program allows us to scale efficiently, connect directly with high-value retail partners, and apply what we learn to expand rapidly into new markets. Combined with our call center, digital ordering portal, and improved logistics, this strategy gives us a clear edge to open new markets and execute our billion-dollar vision.“

This initiative is designed as a repeatable and scalable model. By deploying trained field teams in densely populated urban markets, GPOX bypasses traditional distribution bottlenecks and establishes direct relationships with independent retailers. The G-Force teams handle store onboarding, product education, merchandising, and order placement-closing the loop between sales strategy and in-store execution. Once the Las Vegas operation reaches maturity, GPOX plans to replicate this model in additional key markets as part of a structured national rollout.

The Las Vegas activation also complements GPOX’s recently launched call center and DISTRO+ Wholesale Portal, both designed to increase velocity and reach across sales channels. Together, these initiatives significantly expand GPOX’s total addressable market (TAM) and provide the scalable infrastructure needed to drive national growth.

To learn more, visit GPOPlus.com.

Connect with us on social media to view live video updates, content, and general information about GPOX: https://gpoplus.com/social.

About GPOPlus+ (GPOX)
GPOX is an AI-powered Distributor revolutionizing the future of distribution to gas stations and convenience stores with its innovative technology-driven Direct Store Delivery (DSD) model. Our goal is clear and ambitious: “to build the largest nationwide DSD distribution company servicing gas stations, convenience stores, and beyond.” Our technology-driven AI network, featuring strategically placed Regional Hubs and Mini Hubs, is designed to optimize efficiency and maximize reach. Central to our operations is our in-house AI technology platform, PRISM+. Designed to streamline the distribution process, PRISM+ supports efficient delivery, inventory management, data analytics, and overall operational excellence, enabling us to reliably and effectively meet the dynamic needs of our partners. Our mission is to consolidate the fragmented market segment managed by numerous regional vendors. Our dedication to excellence is evident in our product selection process, where we align offerings with consumer demand and partner with top-tier vendors and brands, ensuring our portfolio remains diverse and highly profitable.

For more information, please visit www.GPOPlus.com.

Information about Forward-Looking Statements
This press release contains “forward-looking statements” that include statements regarding expected financial performance and growth information relating to future events. Forward-looking statements include statements with respect to beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond the control of the Company and its officers and managers, and which may cause actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by which, that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in, or suggested by, the forward-looking statements. Important factors that could cause these differences include, but are not limited to; inability to gain or maintain licenses, reliance on unaudited statements, the Company’s need for additional funding, governmental regulation of the cannabis industry, the impact of competitive products and pricing, the demand for the Company’s products, and other risks that are detailed from time-to-time in the Company’s filings with the United States Securities and Exchange Commission. All statements other than statements of historical fact are statements that could be forward-looking statements. You can typically identify these forward-looking statements through use of words such as “may,” “will,” “can” “anticipate,” “assume,” “should,” “indicate,” “would,” “believe,” “contemplate,” “expect,” “seek,” “estimate,” “continue,” “plan,” “point to,” “project,” “predict,” “could,” “intend,” “target,” “potential,” and other similar words and expressions of the future. The Company expresses its expectations, beliefs and projections in good faith and believes that its expectations reflected in these forward-looking statements are based on reasonable assumptions. However, there is no assurance that these expectations, beliefs and projections will prove to have been correct. Such statements reflect the current views of the Company with respect to its operations and future events, and are subject to certain risks, uncertainties and assumptions relating to its proposed operations, including the risk factors set forth herein. Should one or more of these risks or uncertainties materialize or should the underlying assumptions prove incorrect, the Company’s actual results may vary significantly from those intended, anticipated, believed, estimated, expected or planned. In light of these risks, uncertainties and assumptions, any favorable forward-looking events discussed herein might not be realized and occur. The Company has no obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. For a more detailed description of the risk factors and uncertainties affecting GPO Plus, Inc. GPOX, please refer to the Company’s recent Securities and Exchange Commission filings, which are available at www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Company Contacts:
GPOX Shareholder Success Team:
Brett H. Pojunis, CEO
Email: ir@gpoplus.com
Shareholder’s Line: 855.935.GPOX (4769)

SOURCE: GPO Plus, Inc.

View the original press release on ACCESS Newswire

Dateline Resources Limited (ASX:DTR)(OTC PINK:DTREF) has updated its Scoping Study for the 100% owned Colosseum Gold Project, increasing the gold price assumption from $2,200/oz in the October 2024 Project Definition Study (PDS) to $2,900/oz for the Bankable Feasibility Study (BFS), reflecting recent gold price performance averaging $3,000/oz in 2025 and a long-term consensus forecast. With all other production assumptions unchanged, this results in a 32% increase in sales revenue, a 208% increase in net revenue before tax, a 134% increase in NPV to US$550 million from US$235 million (6.5% discount), and a 96% increase in before-tax internal rate of return (IRR) to 61% from 31%. These outcomes, at a Scoping Study level of confidence, highlight the project’s robust potential as it advances into the BFS.

Table 1: Colosseum Gold Mine Scoping Study – Estimates of Inputs and Outcomes

Note: The following table should be read in conjunction with the cautionary statement below

*** The results presented in Table 1 are estimates only, based on an estimated level of accuracy of +/- 35%, as per the Cautionary Statement below**

Cautionary Statement

The Project Definition Study was undertaken to assess the viability of developing the Colosseum Gold Project by constructing an open cut mine ± underground mine and processing facility to produce gold doré.

It is a preliminary technical and economic study of the potential viability of the Colosseum Project. It is based on technical and economic assessments that are not sufficient to support the estimation of Ore Reserves. Further exploration and evaluation work and appropriate studies are required before Dateline will be in a position to estimate any Ore Reserves or to provide any assurance of an economic development case.

The Study is based on the material assumptions highlighted in the announcement “Colosseum Scoping Study Delivers Positive Outcomes,” 23 October 2024. While the Company considers all the material assumptions to be based on reasonable grounds, there is no certainty that they will prove to be correct or that the range of outcomes indicated by the Study will be achieved.

There is a low level of geological confidence associated with Inferred Mineral Resources, and there is no certainty that further exploration work will result in the determination of Indicated or Measured Mineral Resources or that the production target itself will be realized.

The Study is based on the June 2024 Mineral Resource Estimate, is based on low-level technical and economic assessments, and is insufficient to support the estimation of Ore Reserves or to provide assurance of an economic development case at this stage, or to provide certainty that the conclusions of the Study will be realized.

The Study has been completed to a level of accuracy of +/-35% in line with industry standard accuracy for this stage of development. The Company has reasonable grounds for disclosing a Production Target, given that in the first five years of production, 89% of the mill feed is scheduled from the Measured and Indicated Resource category, which exceeds the economic payback period for the Project by 1.75 years.

Approximately 55% of the Life of Mine Production Target is in the Measured Mineral Resource category, 26% is in the Indicated Mineral Resource category, and 19% is in the Inferred Mineral Resource category. There is a lower level of geological confidence associated with Inferred Mineral Resources, and while the Company considers all the material assumptions in this Study to be based on reasonable grounds, there is no certainty that they will prove to be correct or that the range of outcomes indicated will be achieved.

The Mineral Resources underpinning the production target in the Study have been prepared by a Competent Person in accordance with the requirements of the Australasian Code for Reporting of Exploration Results, Mineral Resources, and Ore Reserves (JORC Code (2012)). The Competent Person’s Statement is found in the Mineral Resources section of the Study. For full details of the Mineral Resource Estimate, please refer to Dateline’s ASX Announcement dated 6 June 2024.

Dateline confirms that it is not aware of any new information or data that materially affects the information included in that release. All material assumptions and technical parameters underpinning the estimates in that Announcement continue to apply and have not materially changed.

Note that unless otherwise stated, all currency in this Announcement is US dollars.

About Dateline Resources Limited

Dateline Resources Limited (ASX: DTR) is an Australian publicly listed company focused on mining and exploration in North America. The Company owns 100% of the Colosseum Gold-REE Project in California.

The Colosseum Gold Mine is located in the Walker Lane Trend in East San Bernardino County, California. On 6 June 2024, the Company announced to the ASX that the Colosseum Gold Mine has a JORC-2012 compliant Mineral Resource estimate of 27.1Mt @ 1.26g/t Au for 1.1Moz. Of the total Mineral Resource, 455koz @ 1.47g/t Au (41%) are classified as Measured, 281koz @1.21g/t Au (26%) as Indicated, and 364koz @ 1.10g/t Au (33%) as Inferred.

The Colosseum is located less than 10km north of the Mountain Rare Earth mine. Work has commenced on identifying the source of the mantle-derived rocks that are associated with carbonatites and are located at Colosseum.

Scoping Study Authors & Competent Person Statements

This Scoping Study is as defined in Clause 38 of the JORC Code 2012. It refers to the Mineral Resource Estimate announced by Dateline Resources Limited (DTR) on 6 June 2024, but the Production Targets presented do not constitute Ore Reserves as defined in the JORC Code 2012.

Apart from the Mineral Resource Estimate, the PDS was completely compiled by Australian Mine Design and Development Pty Ltd (AMDAD) with information supplied by Dateline, generated by AMDAD, or publicly sourced.

The principal author of the report and supervisor of the work conducted by AMDAD is Mr. John Wyche BE(Min Hon) BComm FAusIMM CP. Mr. Wyche is a Fellow of the Australasian Institute of Mining and Metallurgy. He has 37 years of relevant experience in hard rock gold mining.

Mr. Wyche does not hold shares or any other form of equity in Dateline Resources Limited.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of applicable securities laws. These statements relate to future events or future performance and include, but are not limited to, statements regarding the potential of the Colosseum Project, the expected benefits of the OTCQB listing, the company’s plans for future development, and the strategic importance of the project for U.S. critical minerals supply. Forward-looking statements are based on the company’s current expectations, estimates, and projections, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements. These risks and uncertainties include, but are not limited to: fluctuations in the prices of gold and rare earth elements; changes in regulatory requirements or permitting processes; geological or technical challenges in exploration and development; market conditions affecting the company’s ability to raise capital; environmental or social factors impacting operations; risks associated with the OTCQB listing process or trading on a new market; environmental and permitting risks associated with operating in a national preserve; uncertainty regarding the delineation of a mineable rare earth elements resource; risks related to the company’s ability to secure necessary funding for project development; and potential changes in government policies or priorities affecting the critical minerals sector. The company cautions readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company does not undertake any obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

Contact Information:

Stephen Baghdadi
Managing Director
+61 2 9375 2353
info@datelineresources.com.au

Andrew Rowell
White Noise Communications
+61 400 466 226
andrew@whitenoisecomms.com

SOURCE: Dateline Resources Limited

View the original press release on ACCESS Newswire

Expanding to Serve More Customers Across the Denver Metro Area

LAKEWOOD, CO / ACCESS Newswire / May 22, 2025 / Midwest Plumbing Co. LLC, a trusted name in residential and commercial plumbing services, is proud to announce the grand opening of its second office in Lakewood, Colorado. This exciting expansion marks another milestone in the company’s mission to provide high-quality plumbing solutions with a customer-first approach across the Denver metro area.

Founded in 2021 by James Stanley, a seasoned industry professional with over a decade of hands-on plumbing experience, Midwest Plumbing has quickly become known for its fast response times, skilled technicians, and exceptional customer care. Headquartered in Westminster, Colorado, the company was built on James’s deep-rooted commitment to the local community and his vision of creating a plumbing company driven by integrity and expertise.

“Opening a second location in Lakewood allows us to better serve customers on the west side of Denver with faster, more convenient service,” said Stanley. “Our team is passionate about doing the job right the first time, and we’re excited to bring that same level of quality to even more homes and businesses.”

Local Plumbing Experts in Lakewood, CO
Midwest Plumbing’s Lakewood office will offer the same same-day plumbing services that have earned the company a stellar reputation in Westminster and surrounding areas. Services include:

• Faucet and Fixture Repairs – From leaky faucets to malfunctioning toilets, our licensed plumbers can restore or replace plumbing fixtures quickly and affordably.

• Leaking Pipe Detection and Repair – Whether hidden behind walls or beneath foundations, our expert technicians can locate and fix plumbing leaks before they become major issues.

• Gas Line Services – Safe, code-compliant gas line installation and repair for home appliances, water heaters, and more.

• Water Heater Installation & Repair – Full-service support for electric and gas water heaters, including replacements and energy-efficient upgrades.

• Garbage Disposal Services – We install and repair garbage disposals with the horsepower to handle your kitchen’s needs.

• Water Filtration System Installation – Enjoy cleaner, better-tasting water with point-of-use or whole-home filtration systems tailored to your property.

Midwest Plumbing takes pride in its team of meticulously vetted technicians who are not only licensed and insured, but also share the company’s strong values of honesty, reliability, and professionalism.

Why Choose Midwest Plumbing?
With an emphasis on customer satisfaction, Midwest Plumbing stands apart through personalized service and attention to detail. Whether you’re dealing with an emergency leak, planning a plumbing remodel, or simply looking for a reliable local plumber in Lakewood, CO, Midwest Plumbing is now just around the corner.

“Our goal has always been to treat our customers like neighbors – because they are,” added Stanley. “With this expansion, we’re doubling down on our promise to provide fast, friendly, and effective plumbing service throughout Colorado.”

For more information or to schedule a service call, visit Midwest Plumbing’s Lakewood service page or call (720) 648-0613.

ABOUT MIDWEST PLUMBING CO.
Founded in 2021, Midwest Plumbing Co. LLC is a locally owned plumbing company headquartered in Westminster, Colorado. Led by James Stanley, the company specializes in residential and commercial plumbing services, including same-day service for leak repair, gas line installation, water heater service, and more. With a commitment to quality craftsmanship and outstanding customer care, Midwest Plumbing continues to grow as a trusted partner for homeowners and businesses across the Front Range. For more information visit: https://midwestplumbingco.com/

SOURCE: Midwest Plumbing Co.

View the original press release on ACCESS Newswire