HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE:NRG) today announced that its Board of Directors declared a quarterly dividend on the Company’s common stock of $0.325 per share, or $1.30 per share on an annualized basis. The dividend is payable on August 16, 2021 to stockholders of record as of August 2, 2021.

About NRG

At NRG, we’re bringing the power of energy to people and organizations by putting customers at the center of everything we do. We generate electricity and provide energy solutions and natural gas to millions of customers through our diverse portfolio of retail brands. A Fortune 500 company, operating in the United States and Canada, NRG delivers innovative solutions while advocating for competitive energy markets and customer choice, working towards a sustainable energy future. More information is available at www.nrg.com. Connect with NRG on Facebook, LinkedIn and follow us on Twitter @nrgenergy.

Safe Harbor

This communication contains forward-looking statements that may state NRG’s or its management’s intentions, beliefs, expectations or predictions for the future. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, and typically can be identified by the use of words such as “will,” “expect,” “estimate,” “anticipate,” “forecast,” “plan,” “believe” and similar terms. Although NRG believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially. Factors that could cause actual results to differ materially from those contemplated above include, among others, risks and uncertainties related to the capital markets generally.

Investors:
Kevin L. Cole, CFA
609.524.4526
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Media:
Candice Adams
609.524.5428
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AKRON, Ohio--(BUSINESS WIRE)--$BW #decarbonization--Babcock & Wilcox ("B&W") (NYSE: BW), a leading innovator in technologies to combat climate change, is providing its BrightGen™ technology to customers seeking a powerful hydrogen combustion solution for utility and industrial applications where efficient, zero-carbon dioxide (CO₂)-emissions energy generation is a goal. B&W's BrightGen hydrogen combustion solution is currently in operation at multiple refineries and industrial facilities around the world.

B&W’s highly reliable utility, industrial and FM package boilers can be manufactured or retrofitted with BrightGen technology to safely burn hydrogen for virtually any need, including power, heating and steam generation, and for industrial applications such as refineries and petrochemical facilities.

“Our BrightGen hydrogen combustion system is helping customers reduce their greenhouse gas footprints and produce clean energy today,” said Kenneth Young, B&W Chairman and Chief Executive Officer. “There’s no time to waste in the battle against climate change, and B&W’s ClimateBright™ suite of decarbonization technologies can help win that battle and protect our environment for future generations.”

B&W’s ClimateBright™ suite of technologies can capture CO₂ and includes the ability to produce hydrogen. These technologies have application for a wide range of industries including energy production, biomass energy, waste-to-energy, food manufacturing, steel, cement, oil and gas, pharmaceutical, petrochemical, carbon black, and pulp and paper.

B&W’s ClimateBright™ solutions include:

• BrightLoop™ technology to produce hydrogen, steam or syngas from a variety of fuels or feedstocks while isolating CO₂ for capture or other industrial purposes
• SolveBright™ regenerable solvent technology for carbon capture processes
• OxyBright™ combustion process ideal for CO₂ isolation and sequestration applications
• BrightGen™ hydrogen combustion technology

ClimateBright technologies work with a vast array of feedstock, including natural gas, biomass, petroleum coke, coal, municipal solid waste and syngas for both new and retrofit applications

About Babcock & Wilcox

Headquartered in Akron, Ohio, Babcock & Wilcox is a global leader in energy and environmental technologies and services for the power and industrial markets. Follow us on LinkedIn and learn more at www.babcock.com.

Forward-Looking Statements

B&W cautions that this release contains forward-looking statements, including, without limitation, statements relating to B&W’s BrightGen technology and ClimateBright suite of technologies, as well as associated potential commercial opportunities. These forward-looking statements are based on management’s current expectations and involve a number of risks and uncertainties. For a more complete discussion of these risk factors, see our filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K. If one or more of these risks or other risks materialize, actual results may vary materially from those expressed. We caution readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and we undertake no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.

Investor Contact:
Megan Wilson
Vice President, Corporate Development & Investor Relations
Babcock & Wilcox
704.625.4944 | This email address is being protected from spambots. You need JavaScript enabled to view it.

Media Contact:
Ryan Cornell
Public Relations
Babcock & Wilcox
330.860.1345 | This email address is being protected from spambots. You need JavaScript enabled to view it.

HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a second-quarter 2021 cash distribution of $0.875 per common unit, or $3.50 per unit on an annualized basis. The quarterly distribution is payable Aug. 13, 2021, to unitholders of record as of July 30, 2021.

About Phillips 66 Partners

Headquartered in Houston, Phillips 66 Partners is a growth-oriented master limited partnership formed by Phillips 66 to own, operate, develop and acquire primarily fee-based crude oil, refined petroleum products and natural gas liquids pipelines, terminals and other midstream assets. For more information, visit www.phillips66partners.com.

^{TAX CONSIDERATIONS}

^{This release is intended to be a qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that 100% of Phillips 66 Partners LP’s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of Phillips 66 Partners LP’s distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate. Nominees, and not Phillips 66 Partners LP, are treated as the withholding agents responsible for withholding on the distributions received by them on behalf of foreign investors.}

Jeff Dietert (investors)
832-765-2297
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Shannon Holy (investors)
832-765-2297
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Thaddeus Herrick (media)
855-841-2368
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Tortoise Energy Infrastructure Corp. (NYSE: TYG)

Tortoise Midstream Energy Fund, Inc. (NYSE: NTG)

Tortoise Pipeline & Energy Fund, Inc. (NYSE: TTP)

Tortoise Energy Independence Fund, Inc. (NYSE: NDP)

Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ)

Ecofin Sustainable and Social Impact Term Fund (NYSE: TEAF)

LEAWOOD, KS--(BUSINESS WIRE)--TortoiseEcofin today announced the appointment of Courtney Gengler, CPA as Principal Financial Officer and Treasurer for its closed-end funds effective July 14, 2021. This change will allow Brad Adams, recently serving in this role, to focus entirely on his responsibilities as CEO for the closed-end funds and pass the primary responsibility for financial filings and the related books and records to Ms. Gengler.

About TortoiseEcofin

TortoiseEcofin focuses on essential assets – those assets and services that are indispensable to the economy and society. We strive to make a positive impact on clients and communities by investing in energy infrastructure and the transition to cleaner energy and by providing capital for social impact projects focused on education and senior living. TortoiseEcofin brings together strong legacies from Tortoise, with expertise investing across the energy value chain for more than 20 years, and from Ecofin, which unites ecology and finance and has roots back to the early 1990s. For additional information, please visit www.TortoiseEcofin.com.

Tortoise Capital Advisors, L.L.C. (also dba TCA Advisors) (“TCA”) is the Adviser to Tortoise Energy Infrastructure Corp., Tortoise Midstream Energy Fund, Inc., Tortoise Pipeline & Energy Fund, Inc., Tortoise Energy Independence Fund, Inc., Tortoise Power and Energy Infrastructure Fund, Inc. and Tortoise Essential Assets Income Term Fund. Ecofin Advisors Limited is a sub-adviser to Ecofin Sustainable and Social Impact Term Fund.

For additional information on these funds, please visit cef.tortoiseecofin.com.

Safe harbor statement

This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains certain statements that may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, included herein are "forward-looking statements." Although the funds and TCA believe that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the fund’s reports that are filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required by law, the funds and TCA do not assume a duty to update this forward-looking statement.

For more information contact Maggie Zastrow at (913) 981-1020 or This email address is being protected from spambots. You need JavaScript enabled to view it..

HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE:NRG) plans to report Second Quarter 2021 financial results on Thursday, August 5, 2021. Management will present the results during a conference call and webcast at 9:00 a.m. Eastern.

A live webcast of the conference call, including presentation materials, can be accessed through NRG’s website at http://www.nrg.com and clicking on “Presentations & Webcasts” in the “Investors” section found at the top of the home page. The webcast will be archived on the site for those unable to listen in real time.

About NRG

At NRG, we’re bringing the power of energy to people and organizations by putting customers at the center of everything we do. We generate electricity and provide energy solutions and natural gas to millions of customers through our diverse portfolio of retail brands. A Fortune 500 company, operating in the United States and Canada, NRG delivers innovative solutions while advocating for competitive energy markets and customer choice, working towards a sustainable energy future. More information is available at www.nrg.com. Connect with NRG on Facebook, LinkedIn and follow us on Twitter @nrgenergy.

Investors:
Kevin L. Cole, CFA
609.524.4526
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Media:
Candice Adams
609.524.5428
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LOS ANGELES--(BUSINESS WIRE)--AECOM (NYSE:ACM), the world’s trusted infrastructure consulting firm, today announced that it intends to release its third quarter fiscal 2021 financial results the after market close on Monday, August 9, 2021. The Company will host a conference call and webcast with analysts and investors on August 10, 2021 at noon Eastern Time, during which management will present the Company's third quarter fiscal 2021 financial results, and discuss trends across its business and markets.

The live webcast and replay of the event will be available online at https://investors.aecom.com. The site will also host the associated presentation slides containing additional financial and operating information on the day of the respective events.

The conference call can be accessed directly by dialing 833-231-8276 (U.S. or Canada) or 647-253-8791 (international) and entering passcode 5229668.

About AECOM

AECOM is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical expertise and innovation, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $13.2 billion in fiscal year 2020. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.

Investor Contact:
Will Gabrielski
Senior Vice President, Finance, Treasurer
213.593.8208
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Media Contact:
Brendan Ranson-Walsh
Vice President, Global Communications & Corporate Responsibility
213.996.2367
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NEW YORK--(BUSINESS WIRE)--Falcon Minerals Corporation (“Falcon” or the “Company”) (NASDAQ: FLMN, FLMNW) today announced that the Company will host an earnings conference call for the second quarter 2021 on Thursday, August 5, 2021 at 9:00 am ET. Falcon intends to release its financial results for the second quarter 2021 following the market close on Wednesday, August 4, 2021.

Falcon management invites investors and interested parties to listen to the conference call to discuss second quarter 2021 results on Thursday, August 5, 2021 at 9:00 am ET. Participants for the conference call should dial (888) 567-1602 (International: (862) 298-0702). A replay of the Falcon earnings call will be available starting at 2:00 pm ET on August 5, 2021. Investors and interested parties can listen to the replay on www.falconminerals.com in the Events page of the Investor Relations section or call (888) 539-4649 (International: (754) 333-7735). At the system prompt, dial your replay code (155510#); playback will automatically begin.

About Falcon Minerals

Falcon Minerals Corporation (NASDAQ: FLMN, FLMNW) is a C-Corporation formed to own and acquire high growth oil-weighted minerals rights. Falcon owns mineral, royalty, and over-riding royalty interests covering approximately 256,000 gross unit acres in the Eagle Ford Shale and Austin Chalk in Karnes, DeWitt and Gonzales Counties in Texas. The Company also owns approximately 80,000 gross unit acres in the Marcellus Shale across Pennsylvania, Ohio and West Virginia. For more information, visit our website at www.falconminerals.com.

Falcon Minerals Contact:
Matthew B. Ockwood
Chief Financial Officer
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• Net income of $0.26 per diluted share
• Cash flow from operating activities of $409 million and free cash flow of $265 million

HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) announced today net income of $227 million, or $0.26 per diluted share, for the second quarter of 2021. This compares to net income for the first quarter of 2021 of $170 million, or $0.19 per diluted share. Halliburton's total revenue for the second quarter of 2021 was $3.7 billion, compared to revenue of $3.5 billion in the first quarter of 2021. Operating income was $434 million in the second quarter of 2021 compared to operating income of $370 million in the first quarter of 2021.

“Our second quarter performance demonstrates that our strategy is working well and Halliburton’s strategic priorities are driving value in this transition year. Total company revenue increased 7% sequentially, as both North America and international markets continued to improve, and operating income grew 17% with solid margin performance in both divisions,” commented Jeff Miller, Chairman, President and CEO.

“Halliburton’s Completion and Production division margin reached three-year highs, while our Drilling and Evaluation division margin outperformed expectations, setting both divisions up for robust margin growth this year.

“Our solid free cash flow generation further demonstrates the effectiveness of our strategy to strengthen the cash flow profile of our business.

“The positive activity momentum we see in North America and international markets today, combined with our expectations for future customer demand, gives us conviction for an unfolding multi-year upcycle.

“Halliburton’s value proposition, unique exposure to both international and North America markets, and differentiated technologies across an integrated services portfolio solidify our sustainable competitive advantage, and deliver strong free cash flow and industry-leading returns,” concluded Miller.

Operating Segments

Completion and Production

Completion and Production revenue in the second quarter of 2021 was $2 billion, an increase of $178 million, or 10%, when compared to the first quarter of 2021, while operating income was $317 million, an increase of $65 million, or 26%. These results were driven by increased activity across multiple product service lines in North America land, higher cementing activity in the Eastern Hemisphere and Latin America, increased completion tools sales in the Middle East, the North Sea, and Latin America, as well as higher well intervention services in Saudi Arabia and Algeria. Partially offsetting these improvements was lower stimulation activity in Latin America.

Drilling and Evaluation

Drilling and Evaluation revenue in the second quarter of 2021 was $1.7 billion, an increase of $78 million, or 5%, when compared to the first quarter of 2021, while operating income was $175 million, an increase of $4 million, or 2%. These results were due to improved drilling-related services and wireline activity across all regions, along with increased testing services in the Eastern Hemisphere. Partially offsetting these increases were reduced software sales globally.

Geographic Regions

North America

North America revenue in the second quarter of 2021 was $1.6 billion, a 12% increase when compared to the first quarter of 2021. This increase was primarily driven by higher pressure pumping services, drilling-related services, and wireline activity in North America land, as well as higher well construction activity in the Gulf of Mexico. Partially offsetting these increases were reduced software sales across the region.

International

International revenue in the second quarter of 2021 was $2.1 billion, a 4% increase when compared to the first quarter of 2021. This improvement was primarily driven by higher well construction activity, completion tools sales, and well intervention services across all regions. Partially offsetting these increases were lower software sales across all regions and decreased stimulation activity in Latin America.

Latin America revenue in the second quarter of 2021 was $534 million, flat sequentially. Increased activity in multiple product service lines in Mexico, higher fluid services in Brazil, as well as additional completion tools sales in Guyana, were offset by reduced stimulation activity in Argentina, Mexico, and Brazil, lower software sales across the region, and decreased project management activity in Mexico and Ecuador.

Europe/Africa/CIS revenue in the second quarter of 2021 was $679 million, a 7% increase sequentially, resulting from increased activity across multiple product service lines in Russia, Norway, Algeria, and Ghana. These increases were partially offset by lower software sales across the region and lower activity in Nigeria.

Middle East/Asia revenue in the second quarter of 2021 was $925 million, a 5% increase sequentially, resulting from improved activity in multiple product service lines in Saudi Arabia, higher well intervention services across the region, increased drilling-related services in Oman, higher completion tools sales in Kuwait, higher well construction activity in Australia, and increased pipeline services in China. These improvements were partially offset by lower software sales across the region, lower project management activity in India, and lower activity in Bangladesh.

Selective Technology & Highlights

• Halliburton announced StrataXaminer™, a new wireline logging service that helps operators acquire more accurate well data to better evaluate production potential. Obtaining high resolution images in oil or synthetic-based fluid systems has been an industry challenge for decades. StrataXaminer delivers high-resolution images of the reservoir structure to identify bedding, fracture patterns, fault zones, and potential flow barriers with increased accuracy.

• Halliburton and TGS-NOPEC Geophysical ASA announced a collaboration to bring advanced seismic imaging to fiber optic sensing. The alliance will provide operators with advanced insight to determine their reservoir potential for oil and gas production or carbon storage. The Halliburton FiberVSP™ and Odassea™ distributed acoustic sensing solutions will now incorporate TGS’s seismic imaging workflows that process the entire seismic wavefield to generate high-resolution reservoir images.

• Halliburton was awarded a contract from Kuwait Oil Company (KOC), a world leader in digital transformation, to expand KOC’s digital transformation journey by implementing solutions to maximize operational efficiency and increase production. The scope applies to all Kuwait fields including West Kuwait, South and East Kuwait, and Heavy Oil, complementing a recently awarded contract for similar services in North Kuwait.

• Halliburton Labs announced four new companies that join four companies already participating in its collaborative environment to advance and scale cleaner, affordable energy. Alumina Energy, Ionada, Parasanti, and SurgePower Materials receive access to a broad range of industrial capabilities, technical expertise, and mentorship to scale their businesses.

• Halliburton announced it will redeem, with cash on hand, the remaining $500 million outstanding principal amount of its 3.25% Senior Notes due 2021 on August 15, 2021.

• Halliburton was awarded a contract from Petronas for a well construction program involving six wells in offshore East Malaysia. Halliburton will deliver these wells in collaboration with Sapura Drilling using its state-of-the-art Halliburton 4.0 digital platform. Deployed digital technologies will include the complete suite of Digital Well Program^®, Digital Well Operations, and Digital Well Automation - all DecisionSpace^® 365 cloud applications. The scope of work also includes key digital technologies from Sperry Drilling, Cementing, Drill Bits, Baroid, and Completions product lines. The campaign is the first integrated project of its kind in Malaysia, combining rig services with all aspects of planning, operations, and automation.

• Halliburton was awarded a contract from Ecopetrol to collaborate on their digital transformation strategy for drilling and completions, including the digitalization of the well delivery process. This enables Ecopetrol to optimize their planning, design, and well execution end-to-end and accelerate value creation across the asset lifecycle.

• Halliburton announced that it won a contract to provide Production Chemicals and Associated Services for a large IOC in Oman. Under the seven-year contract, Halliburton will supply a full suite of customized products along with specialized services to support the in-field chemical treatments.

• TechnipFMC and Halliburton announced they received an OTC Spotlight on New Technology Award^® (SONT) for their Odassea™ Subsea Fiber Optic Solution, an advanced downhole fiber optic sensing system. ExxonMobil selected the solution for its Payara development project in Guyana. The award followed completion of front-end engineering and design studies and qualifications. The Odassea service integrates hardware and digital systems to strengthen capabilities in subsea reservoir monitoring and production optimization. Halliburton provides the fiber optic sensing technology and analysis for reservoir diagnostics. TechnipFMC provides the optical connectivity from the topside to the completions.

• Halliburton announced an expansion of its digital collaboration with Aker BP, a Norwegian oil and gas exploration and production company, by deploying digital twins to automate work processes and accelerate decision-making. Aker BP is using Digital Well Program^®, a DecisionSpace^® 365 cloud application, that turns well planning and design into a live process where field development scenarios are continuously updated and compared to a digital twin to deliver safe, cost-effective, and productive wells.

• Halliburton signed a contract with Petrofac, an international service provider to the energy industry, to adopt Digital Well Program^®, a DecisionSpace^® 365 cloud application, to automate drilling, completions, and engineering processes. The three-year contract enables Petrofac to incorporate artificial intelligence, machine learning, and data science to optimize its well engineering service offering.

About Halliburton

Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With more than 40,000 employees, representing 130 nationalities in more than 70 countries, the company helps its customers maximize value throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the asset. Visit the Company’s website at www.halliburton.com. Connect with Halliburton on Facebook, Twitter, LinkedIn, Instagram and YouTube.

Forward-looking Statements

The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company's control, which could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the impact of COVID-19 and any variants, the related economic repercussions and resulting negative impact on demand for oil and gas, operational challenges relating to COVID-19 and efforts to mitigate the spread of the virus, including logistical challenges, protecting the health and well-being of our employees, remote work arrangements, performance of contracts and supply chain disruptions; the ability of the OPEC+ countries to agree on and comply with supply limitations; the continuation or suspension of our stock repurchase program, the amount, the timing, and the trading prices of Halliburton common stock, and the availability and alternative uses of cash; changes in the demand for or price of oil and/or natural gas; potential catastrophic events related to our operations, and related indemnification and insurance matters; protection of intellectual property rights and against cyber-attacks; compliance with environmental laws; changes in government regulations and regulatory requirements, particularly those related to oil and natural gas exploration, radioactive sources, explosives, chemicals, hydraulic fracturing services, and climate-related initiatives; compliance with laws related to income taxes and assumptions regarding the generation of future taxable income; risks of international operations, including risks relating to unsettled political conditions, war, the effects of terrorism, foreign exchange rates and controls, international trade and regulatory controls and sanctions, and doing business with national oil companies; weather-related issues, including the effects of hurricanes and tropical storms; changes in capital spending by customers, delays or failures by customers to make payments owed to us, and the resulting impact on our liquidity; execution of long-term, fixed-price contracts; structural changes and infrastructure issues in the oil and natural gas industry; maintaining a highly skilled workforce; availability and cost of raw materials; agreement with respect to and completion of potential dispositions, acquisitions and integration and success of acquired businesses and operations of joint ventures. Halliburton's Form 10-K for the year ended December 31, 2020, Form 10-Q for the quarter ended March 31, 2021, recent Current Reports on Form 8-K and other Securities and Exchange Commission filings discuss some of the important risk factors identified that may affect Halliburton's business, results of operations, and financial condition. Halliburton undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

Conference Call Details

Halliburton Company (NYSE: HAL) will host a conference call on Tuesday, July 20, 2021, to discuss its second quarter 2021 financial results. The call will begin at 8:00 AM Central Time (9:00 AM Eastern Time).

Please visit the website to listen to the call via live webcast. You may also participate in the call by dialing (844) 358-9181 within North America or +1 (478) 219-0188 outside of North America. A passcode is not required. Attendees should log in to the webcast or dial in approximately 15 minutes prior to the start of the call.

A replay of the conference call will be available on Halliburton’s website until July 27, 2021. Also, a replay may be accessed by telephone at (855) 859-2056 within North America or +1 (404) 537-3406 outside of North America, using the passcode 9429544.

For Investors:
Abu Zeya
Halliburton, Investor Relations
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281-871-2688

For News Media:
Emily Mir
Halliburton, External Affairs
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281-871-2601

ELGIN, Ill.--(BUSINESS WIRE)--Heritage-Crystal Clean, Inc. (Nasdaq:HCCI) plans to release its financial results for the second quarter of 2021, which ended June 19, 2021, after the market close on Wednesday, July 28, 2021.

The company will host a conference call on Thursday, July 29, 2021 at 9:30 AM Central Time, during which management will give a presentation focusing on the Company's operations and financial results.

Interested parties can listen to the audio webcast available through our company website, http://crystal-clean.com/investor-relations/, and can participate on the call by dialing (833) 772-0398. After dialing the number, you will be required to provide the following passcode before being joined to the conference call: 6091366.

About Heritage-Crystal Clean, Inc.

Heritage-Crystal Clean, Inc. provides parts cleaning, used oil re-refining, and hazardous and non-hazardous waste services primarily to small and mid-sized customers in the vehicle maintenance sector as well as manufacturers and other industrial businesses. Our service programs include parts cleaning, containerized waste management, used oil collection, wastewater and vacuum, waste antifreeze collection and recycling, and field services. These services help our customers manage their used chemicals and liquid and solid wastes, while also helping to minimize their regulatory burdens. Our customers include businesses involved in vehicle maintenance operations, such as car dealerships, automotive repair shops, and trucking firms, as well as small-to-medium sized manufacturers, such as metal product fabricators and printers, and other industrial businesses. Through our used oil re-refining program, we recycle used oil into high quality lubricating base oil, and we are a supplier to firms that produce and market finished lubricants. Through our antifreeze program we recycle spent antifreeze and produce and market a full line of virgin-quality antifreeze products. Heritage-Crystal Clean, Inc. is headquartered in Elgin, Illinois.

Heritage-Crystal Clean, Inc.
Mark DeVita, Chief Financial Officer (847) 836-5670
http://www.crystal-clean.com

ELKHART, Ind.--(BUSINESS WIRE)--LCI Industries (NYSE: LCII), through its wholly-owned subsidiary, Lippert Components, Inc. (“Lippert^TM”) which supplies a broad array of highly engineered components for the leading original equipment manufacturers ("OEMs") in the recreation and transportation product markets, and the related aftermarkets of those industries, will release its second-quarter 2021 financial results before the market opens on Tuesday, August 3, 2021.

LCI Industries will also host a conference call on Tuesday, August 3, 2021, at 8:30 a.m. ET to discuss the results and other business matters. The call will conclude with a question-and-answer session with participation limited to institutional investors and analysts.

The conference call may be accessed by dialing (877) 668-4883 for participants in the U.S./Canada or (825) 312-2360 for participants outside the U.S./Canada using the required conference ID 8367487. Due to the high volume of companies reporting earnings at this time, please be prepared for hold times of up to 15 minutes when dialing in to the call. Individual investors, retail brokers, and the media are invited to listen to a live webcast of the call on the LCI Industries website at www.investors.lci1.com.

A replay of the conference call will be available for two weeks by dialing (800) 585-8367 for participants in the U.S./Canada or (416) 621-4642 for participants outside the U.S./Canada and referencing access code 8367487. A replay of the webcast will be available on the Company’s website immediately following the conclusion of the call.

Participating in the conference call will be:

• Jason Lippert, CEO
• Brian Hall, CFO

About LCI Industries

LCI Industries, through its wholly-owned subsidiary, Lippert, supplies, domestically and internationally, a broad array of highly engineered components for the leading OEMs in the recreation and transportation product markets, consisting primarily of recreational vehicles and adjacent industries, including buses; trailers used to haul boats, livestock, equipment, and other cargo; trucks; boats; trains; manufactured homes; and modular housing. The Company also supplies engineered components to the related aftermarkets of these industries, primarily by selling to retail dealers, wholesale distributors, and service centers. Lippert's products include steel chassis and related components; axles and suspension solutions; slide-out mechanisms and solutions; thermoformed bath, kitchen, and other products; vinyl, aluminum, and frameless windows; manual, electric, and hydraulic stabilizer and leveling systems; entry, luggage, patio, and ramp doors; furniture and mattresses; electric and manual entry steps; awnings and awning accessories; towing products; truck accessories; electronic components; and other accessories. Additional information about Lippert and its products can be found at www.lci1.com.

Brian Hall, CFO, (574) 535-1125, This email address is being protected from spambots. You need JavaScript enabled to view it.

• India’s leading renewable energy company will use the platform to manage its utility-scale solar, wind and hybrid energy projects more efficiently
• Inclusive, data-driven platform approach will enable users to track the progress of multiple complex projects, quickly act on insights and ensure best-in-class delivery
• ReNew Power can support its commitments to lead India’s transition, away from fossil fuels, and meet the country’s growing energy needs in a sustainable way

VELIZY-VILLACOUBLAY, France--(BUSINESS WIRE)--#3DEXPERIENCE--Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today announced that ReNew Power, India’s leading renewable energy company, has chosen the 3DEXPERIENCE platform to manage its solar, wind and hybrid engineering, procurement and construction projects. ReNew Power will be able to quickly act on insights and ensure best-in-class project delivery to support the use of cleaner and smarter energy in India.

ReNew Power will use the “Capital Facilities Information Excellence” industry solution experience based on the 3DEXPERIENCE platform for digital project management. In a collaborative virtual environment providing a single source of the latest project data, stakeholders can track, execute and manage the progress of multiple projects at the same time on a single platform. Using powerful analytics capabilities related to costs, schedule, quality, health and safety, stakeholders can proactively manage risks and opportunities, through this platform.

As India explores ways to meet the rising energy needs of more than one billion people through clean sources of energy while reducing its carbon emissions, ReNew Power is committed to lead the country’s transition away from fossil fuels and meet this demand sustainably.

“We were looking for a secure, scalable solution to manage the performance of projects and further our ambition to deliver sustainable solutions that can reduce India’s carbon footprint,” said Balram Mehta, COO, ReNew Power. “Dassault Systèmes’ 3DEXPERIENCE platform is expected to provide us with centralized project execution and monitoring data, personalized dashboards, progress graphs, timely insights and intuitive reports to improve our productivity.”

“Faced with global competition and a growing focus on sustainability, companies looking to innovate faster or diversify their portfolios into new business areas need a new approach to develop, plan, build, operate and decommission projects differently,” said Thomas Grand, Vice President, Energy & Materials Industry, Dassault Systèmes. “Dassault Systèmes supports its renewable energy customers in their sustainable development. The 3DEXPERIENCE platform offers an inclusive, data-driven approach that enables real-time collaboration, improves execution and accelerates innovation. Companies like ReNew Power can deliver complex projects with transparency, accuracy and timeliness.”

Social media:

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For more information:

Dassault Systèmes’ industry solution experiences for the Energy & Materials industry: https://ifwe.3ds.com/energy-materials

Dassault Systèmes’ 3DEXPERIENCE platform, 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions: http://www.3ds.com

About Dassault Systèmes

Dassault Systèmes, the 3DEXPERIENCE Company, is a catalyst for human progress. We provide business and people with collaborative 3D virtual environments to imagine sustainable innovations. By creating virtual twin experiences of the real world with our 3DEXPERIENCE platform and applications, our customers push the boundaries of innovation, learning and production. Dassault Systèmes brings value to more than 290,000 customers of all sizes, in all industries, in more than 140 countries. For more information, visit www.3ds.com

3DEXPERIENCE, the Compass icon, the 3DS logo, CATIA, BIOVIA, GEOVIA, SOLIDWORKS, 3DVIA, ENOVIA, NETVIBES, MEDIDATA, CENTRIC PLM, 3DEXCITE, SIMULIA, DELMIA, and IFWE are commercial trademarks or registered trademarks of Dassault Systèmes, a French “société européenne” (Versailles Commercial Register # B 322 306 440), or its subsidiaries in the United States and/or other countries.

Corporate / France
Arnaud MALHERBE
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Suzanne MORAN
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Virginie BLINDENBERG
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Grace MU
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Transaction supports H&E’s transformation to a pure-play equipment rental company

Will promote H&E’s strategic focus on geographic expansion and fleet investment

H&E to host conference call to discuss transaction

BATON ROUGE, La.--(BUSINESS WIRE)--$HEES--H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”) today announced that it has entered into a definitive agreement to sell its crane business to a wholly-owned subsidiary of The Manitowoc Company, Inc. (NYSE: MTW), a leading global manufacturer of cranes and lifting solutions, for $130 million in cash. The transaction is expected to close during the fourth quarter of 2021, subject to customary closing conditions, including regulatory approval under the Hart-Scott-Rodino Act.

“This transaction marks an important step in H&E Equipment’s transition to a pure-play equipment rental company,” said Brad Barber, H&E’s Chief Executive Officer. “We expect our continued migration to higher margin rentals will promote our strategic focus on geographic expansion and fleet investment, drive outsized revenue and profitability growth, and enable us to take full advantage of opportunities created by favorable industry and macro trends.”

“H&E has a long history and excellent reputation for serving the lifting industry, and we look forward to welcoming the H&E crane team to Manitowoc,” commented Aaron H. Ravenscroft, President and Chief Executive Officer of The Manitowoc Company, Inc. As a result of the transaction, H&E will fully exit the crane distribution business.

This divestiture, which was unanimously approved by H&E’s Board of Directors, is expected to increase, and further stabilize the Company’s EBITDA margin as it intensifies its focus on the higher margin equipment rental business.

H&E’s equipment rental business has shown consistent growth, with a compound annual growth rate of 11 percent in the five years leading up to 2020. This rapid growth has seen the rental portion of H&E’s business expand from 32 percent of revenues 10 years ago to 51 percent in 2020. The overall demand for equipment rentals has continued to expand and has proven to be more stable and resilient to market disruptions than the distribution business.

Possible uses of proceeds from the transaction include, but are not necessarily limited to, further expansion of new facilities, investment in the rental fleet, and the delivery of a differentiated customer experience through enhanced technology capabilities. In addition, the proceeds will fortify the Company’s strong cash position while supporting strategic growth initiatives and ongoing dividends.

Conference Call

H&E Equipment Services will host a conference call and live webcast on July 20, 2021, commencing at 11:00am (Eastern Time), to discuss the announced transaction. Interested parties can participate in the call by dialing 1-844-887-9400, or by visiting the “Investor Relations” section of the Company’s website at www.he-equipment.com. A replay of the call will become available after 1:00 p.m. (Eastern Time) on July 20, 2021 and can be accessed by dialing 1-877-344-7529 and entering the conference code 10158870. The call will remain active until August 3, 2021. A replay of the webcast will remain active on the Company’s website for 30 days.

About H&E Equipment Services

The Company is one of the largest integrated equipment services companies in the United States with 105 full-service facilities throughout the West Coast, Intermountain, Southwest, Gulf Coast, Mid-Atlantic and Southeast regions of the United States. The Company is focused on heavy construction and industrial equipment and rents, sells, and provides parts and service support for four core categories of specialized equipment: (1) hi-lift or aerial platform equipment; (2) cranes; (3) earthmoving equipment; and (4) material handling equipment. By providing equipment rental, sales, and on-site parts, repair, and maintenance functions under one roof, the Company is a one-stop provider for its customers' varied equipment needs. This full service approach provides the Company with multiple points of customer contact, enabling it to maintain a high quality rental fleet, as well as an effective distribution channel for fleet disposal and provides cross-selling opportunities among its new and used equipment sales, rentals, parts sales, and service operations.

About The Manitowoc Company, Inc.

The Manitowoc Company, Inc. was founded in 1902 and has over a 118-year tradition of providing high-quality, customer-focused products and support services to its markets. Manitowoc is one of the world’s leading providers of engineered lifting solutions. Manitowoc, through its wholly-owned subsidiaries, designs, manufactures, markets, and supports comprehensive product lines of mobile hydraulic cranes, tower cranes, lattice-boom crawler cranes and boom trucks under the Grove, Manitowoc, National Crane, Potain and Shuttlelift brand names.

Forward-Looking Statements

Certain statements contained herein are “forward-looking statements” within the meaning of the federal securities laws. Statements that are not historical facts, including statements about our beliefs and expectations are forward-looking statements. Statements containing the words “may”, “could”, “would”, “should”, “believe”, “expect”, “anticipate”, “plan”, “estimate”, “target”, “project”, “intend” and similar expressions constitute forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, which could cause actual results to differ materially from those contained in any forward-looking statement. Such factors include, but are not limited to, failure to obtain, delays in obtaining, or adverse conditions contained in, any required regulatory or other approvals, including antitrust approvals; failure to consummate or a delay in consummating the transaction for other reasons, and other factors discussed in our public filings, including the risk factors included in the Company’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Investors, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the Securities and Exchange Commission, we are under no obligation to publicly update or revise any forward-looking statements after the date hereof.

Leslie S. Magee
Chief Financial Officer
225-298-5261
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Jeffrey L. Chastain
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DUBLIN--(BUSINESS WIRE)--The "Shipbuilding & Ship Parts Market Research Report by Type (Container, Passenger, and Vessel), by End User (Defense and Logistics Companies) - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Shipbuilding & Ship Parts Market size was estimated at USD 2,456.65 Million in 2020 and expected to reach USD 2,809.96 Million in 2021, at a Compound Annual Growth Rate (CAGR) 14.72% to reach USD 5,599.95 Million by 2026.

In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered the forecast period.

Cumulative Impact of COVID-19:

COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. This ongoing research amplifies this research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward.

The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Shipbuilding & Ship Parts Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others.

Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Company Usability Profiles:

The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Shipbuilding & Ship Parts Market, including

• China Shipbuilding Industry Corporation
• China State Shipbuilding Corporation
• Daewoo Shipbuilding & Marine Engineering Co., Ltd..
• Hanjin Heavy Industry Co. Ltd.
• Hyundai Heavy Industries Co., Ltd..
• Mitsubishi Heavy Industries Ltd.
• Mitsubishi Heavy Industries, Ltd
• Samsung Heavy Industries
• Samsung Heavy Industries Co., Ltd..
• STX Offshore & Shipbuilding
• Sumitomo Heavy Industries, Ltd.
• United Shipbuilding Corporation
• Yangzijiang Shipbuilding Ltd.

Key Topics Covered:

1. Preface

2. Research Methodology

3. Executive Summary

3.1. Introduction

3.2. Market Outlook

3.3. Type Outlook

3.4. End User Outlook

3.5. Geography Outlook

3.6. Competitor Outlook

4. Market Overview

4.1. Introduction

4.2. Cumulative Impact of COVID-19

5. Market Insights

5.1. Market Dynamics

5.1.1. Drivers

5.1.1.1. Globalization of business

5.1.1.2. Increasing sea route trade activities among countries

5.1.1.3. Rising spending on renovation and repairing of ships

5.1.1.4. Financial assistance from the government

5.1.2. Restraints

5.1.2.1. Environmental concerns related to shipbuilding

5.1.3. Opportunities

5.1.3.1. Increasing naval budgets

5.1.3.2. Advanced technology and digital transformation for shipbuilding

5.1.4. Challenges

5.1.4.1. Economic fluctuations in market

5.2. Porters Five Forces Analysis

6. Shipbuilding & Ship Parts Market, by Type

6.1. Introduction

6.2. Container

6.3. Passenger

6.4. Vessel

7. Shipbuilding & Ship Parts Market, by End User

7.1. Introduction

7.2. Defense

7.3. Logistics Companies

8. Americas Shipbuilding & Ship Parts Market

9. Asia-Pacific Shipbuilding & Ship Parts Market

10. Europe, Middle East & Africa Shipbuilding & Ship Parts Market

11. Competitive Landscape

11.1. FPNV Positioning Matrix

11.1.1. Quadrants

11.1.2. Business Strategy

11.1.3. Product Satisfaction

11.2. Market Ranking Analysis

11.3. Market Share Analysis, By Key Player

11.4. Competitive Scenario

11.4.1. Merger & Acquisition

11.4.2. Agreement, Collaboration, & Partnership

11.4.3. New Product Launch & Enhancement

11.4.4. Investment & Funding

11.4.5. Award, Recognition, & Expansion

12. Company Usability Profiles

For more information about this report visit https://www.researchandmarkets.com/r/r1lxiw

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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BUFFALO, N.Y.--(BUSINESS WIRE)--Gibraltar Industries, Inc. (Nasdaq: ROCK), a leading manufacturer and provider of products and services for the renewable energy, residential, agtech and infrastructure markets, announced today that it expects to release its second quarter 2021 financial results at approximately 7:30 a.m. ET on Tuesday, August 3, 2021. It also expects to discuss the results on a conference call that will be webcast live that same day starting at 9:00 a.m. ET. Hosting the call will be Chief Executive Officer William Bosway and Chief Financial Officer Timothy Murphy.

Those who wish to listen to the conference call should visit the Investors section of the Company’s website at www.gibraltar1.com. The call also may be accessed by dialing (877) 407-3088 or (201) 389-0927. For interested individuals unable to join the live conference call, a webcast replay will be available on the Company’s website for one year.

About Gibraltar

Gibraltar Industries is a leading manufacturer and provider of products and services for the renewable energy, residential, agtech and infrastructure markets. With a three-pillar strategy focused on business systems, portfolio management, and organization and talent development, Gibraltar’s mission is to create compounding and sustainable value with strong leadership positions in higher growth, profitable end markets. Gibraltar serves customers primarily throughout North America. Comprehensive information about Gibraltar can be found on its website at www.gibraltar1.com.

Timothy Murphy
Chief Financial Officer
(716) 826-6500 ext. 3277
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LHA Investor Relations
Carolyn Capaccio/Jody Burfening
(212) 838-3777
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The unique demand and complexities of city delivery has led to an increased focus on the development of smaller and nimbler vehicles

BOULDER, Colo.--(BUSINESS WIRE)--#AV--A new report from Guidehouse Insights analyzes the potential for low speed automated delivery vehicles (ADVs) and evaluates how the market for these services will likely evolve through 2030. The report also examines key drivers for future demand, challenges that the market will likely face, and leading players in the market.

The demand for urban delivery has seen strong growth that is expected to continue into the foreseeable future. Several factors have contributed to this, including overall economic growth, evolving consumer trends, continued growth of e-commerce, and the rising popularity of food and grocery deliveries. According to a new report from Guidehouse Insights, global deliveries by low speed ADVs are projected to grow from less than 7 million deliveries in 2021 to more than 51 billion by 2030, representing a compound annual growth rate (CAGR) of 170%.

“Low speed ADVs have attracted the interest of major online retailers such as Amazon and Alibaba as a unique solution to the increasing need for short, on-demand deliveries,” says Sagie Evbenata, senior research analyst with Guidehouse Insights. “Furthermore, as lightweight zero emissions vehicles, low speed ADVs can provide significant environmental benefits.”

With the increase in urbanization, the challenges faced by urban deliveries are numerous, including the high density of drop-offs required, heavy congestion, parking and unloading difficulties, narrow streets, restricted access, and stricter vehicle regulations. The unique demand and complexities of city delivery has led to an increased focus on the development of smaller and nimbler electric vehicles (EVs) and ADVs. These vehicles are ideal for efficiently traversing narrow and busy city streets and need to cover only small daily distances and carry relatively small payloads. Furthermore, they do not need to be capable of high speeds because they are primarily confined to city streets and sidewalks.

The report, Low Speed Automated Delivery Vehicles, analyzes the potential for low speed ADVs and evaluates how the market for these services will likely evolve. This report examines key drivers for future demand, challenges that the market will likely face, and leading players in the market. Global market forecasts through 2030 are included for the number of delivery trips completed by ADVs, distance traveled by the delivery vehicles, annual deployments of low speed ADVs, and revenue generated by these vehicles in delivery services. An executive summary of the report is available for free download on the Guidehouse Insights website.

About Guidehouse Insights

Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today’s rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.

About Guidehouse

Guidehouse is a leading global provider of consulting services to the public and commercial markets with broad capabilities in management, technology, and risk consulting. We help clients address their toughest challenges and navigate significant regulatory pressures with a focus on transformational change, business resiliency, and technology-driven innovation. Across a range of advisory, consulting, outsourcing, and digital services, we create scalable, innovative solutions that prepare our clients for future growth and success. The company has more than 10,000 professionals in over 50 locations globally. Guidehouse is a Veritas Capital portfolio company, led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues driving national and global economies. For more information, please visit: www.guidehouse.com.

* The information contained in this press release concerning the report, Low Speed Automated Delivery Vehicles, is a summary and reflects the current expectations of Guidehouse Insights based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.

Lindsay Funicello-Paul
+1.781.270.8456
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Collaboration accelerates the path to hybrid electric commercial air travel

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc., a company accelerating the adoption of electric regional air travel, today announced an exclusive relationship with Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, supporting Surf Air Mobility’s development of electrified Cessna Grand Caravan aircraft, beginning with a hybrid electric Cessna Grand Caravan aircraft, targeted to be available in 2024. Surf Air Mobility has agreed to purchase up to 150 Cessna Grand Caravan EX single-engine turboprops, with an initial fleet order of 100 aircraft and an option for 50 more. The aircraft will be upgraded to Surf Air Mobility’s proprietary hybrid electric powertrain technology as a 9-seat variant of the iconic single-engine turboprop.

Through this exclusive agreement, Surf Air Mobility plans to make electrified aircraft broadly available to new and existing operators, and bring the benefits of lower cost, lower emission air travel to customers sooner than the rest of the aviation manufacturing industry and at scale. Through an agreement to engage in joint marketing and sales efforts, Textron Aviation will use its expertise and deep customer relationships to help accelerate adoption of the electrified Cessna Grand Caravan for all types of Cessna Grand Caravan missions, including passenger and cargo applications.

“We know from our experience that people are looking for faster, affordable, and cleaner regional travel and we are building the ecosystem to accelerate the industry’s adoption of hybrid electric flight. We believe significantly reducing the emission from this category of aircraft will be the biggest step we can take toward de-carbonization in this decade,” said Sudhin Shahani, Co-founder, Chairman and CEO, Surf Air Mobility.

Surf Air Mobility’s vision is to utilize the hybrid electric Cessna Grand Caravan aircraft across its own network, connecting more airports with short-haul direct service and building a regional mass transport platform to sustainably connect communities across the U.S.

“Hybrid electric propulsion technology, deployed at scale for environmental and commercial benefits, is an important part of the future of travel,” said Ron Draper, President & CEO, Textron Aviation. “This relationship with Surf Air Mobility leverages the unique performance capabilities of the Cessna Grand Caravan in both passenger and cargo operations, and continues to demonstrate the aircraft’s adaptability for innovative missions and configurations.”

Planned benefits of the new series hybrid architecture include:

• Reduce direct operating costs by approximately 25% and carbon emissions by approximately 25%.
• Provide similar performance as the current turbine engine Cessna Grand Caravan EX when operated in the same ways across cargo, passenger and special mission applications.
• With no charging stations expected to be required, the aircraft should be immediately operable at more than 5,000 public use airports across the U.S.
• Reduce the environmental impact of flying and pave the way for future generations of even more sustainable aircraft.
• Enhance the ability for a new point-to-point route network that makes direct flights more affordable and accessible for more people in more places.

New and existing Cessna Grand Caravan EX owners and operators are expected to have the ability to upgrade to the hybrid powertrain, converting them into hybrid electric aircraft.

Surf Air Mobility’s hybrid electric system for the Cessna Grand Caravan is anticipated to be available as early as 2024, and is intended to expand Surf Air Mobility’s regional flight network, connecting more airports with short haul direct service across the U.S.

The transactions between Surf Air Mobility and Textron Aviation are subject to certain closing conditions, including the receipt of financing by Surf Air Mobility.

For more information on the exclusive relationship with Textron Aviation, visit https://media.txtav.com

About Surf Air Mobility
Surf Air Mobility is a Los Angeles-based electric aviation and air travel company reinventing flying through the power of electrification. We are building the regional air infrastructure to sustainably connect the world’s communities. The company has flown the world’s largest hybrid electric aircraft, and intends to bring electrified aircraft to market at scale in order to substantially reduce the cost and environmental impact of flying. With a management team of experts with deep experience across aviation, electrification, and consumer technology, Surf Air Mobility is the parent company of Surf Air, Blackbird, and has entered into a definitive agreement to buy Ampaire. For more information, visit: https://surfairmobility.com.

About Textron Aviation
We inspire the journey of flight. For more than 90 years, Textron Aviation Inc., a Textron Inc. company, has empowered our collective talent across the Beechcraft, Cessna and Hawker brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, and high-performance pistons, to special mission, military trainer and defense products, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable and flexible flight.

For more information, visit www.txtav.com | www.defense.txtav.com | www.scorpionjet.com.

About Textron Inc.
Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation + Training. For more information, visit: www.textron.com

Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and none of Surf Air Mobility Inc., Textron Inc. or Textron Aviation Inc. undertake any obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, inability to meet expected development timelines or realize the anticipated benefits of the new propulsion system (including operational and environmental benefits), challenges of producing new products at scale, changes in applicable laws or regulations, the possibility that we may be adversely affected by other economic, business, regulatory and/or competitive factors, changes in aircraft delivery schedules, cancellations or deferrals of orders, production delays or certification of any propulsion system.

Media Contacts:

Textron Aviation
Sarah White
+1.316.517.1499
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txtav.com

Surf Air Mobility
Analisa Schelle
510-292-5410
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surfairmobility.com

Facility will produce low-cost fuel while dramatically limiting emissions

REYNOLDS, Ind.--(BUSINESS WIRE)--#RNG--OPAL Fuels LLC, the market leader in developing and marketing renewable natural gas (RNG) fuel, today announced an investment in Bio Town Biogas, one of the most environmentally-friendly RNG production facilities in the country. The centerpiece of the project will be a large-scale dairy digester that will produce about 1,000 MMBTUs of fuel per day. Critically, this fuel will be cheaper than diesel and have one of the lowest carbon intensity scores in the industry.

“This project makes it abundantly clear that RNG can save the planet while saving companies money,” said Jon Maurer, Co-CEO of OPAL Fuels LLC. “RNG is a true win-win, as it also supplies a valuable revenue stream for farmers. We are particularly proud to be working with several Indiana beef cattle and dairy farms to achieve the scale to make this project even more impactful. These are farms that have the foresight to understand how being a key RNG supplier would be valuable to their bottom line. The OPAL Fuels team is in the RNG business to lower emissions, lower fuel costs, and help farmers. This project is a major step towards us fulfilling our mission.”

The project will provide the equivalent of 28.5 million gallons of fuel per year with net zero emissions to OPAL Fuels fleet customers – enough fuel to allow roughly 2,400 heavy-duty trucks to achieve carbon neutral emissions in their operations. All told, this project will keep over 43,000 tons of CO2e emissions out of the atmosphere each year, while helping trucking companies save about $5.8 million per year in fuel costs compared to diesel.

The scale of this project empowers the RNG it produces to achieve an ultra-low carbon intensity score. The project achieves such scale by not only converting biogas to electricity from cattle manure at the project’s host site, but by also trucking in manure from local dairy farms to convert to RNG. OPAL Fuels then distributes the fuel through its network of over 140 service stations, which together operate as TruStar Energy.

Dairy farms interested in working with OPAL Fuels LLC should reach out to This email address is being protected from spambots. You need JavaScript enabled to view it..

About OPAL Fuels LLC

OPAL Fuels LLC, a Fortistar portfolio company, is an emerging leader in the production and distribution of renewable natural gas (RNG), a proven low carbon fuel with a decades-long track record of results that has the power to rapidly decarbonize the transportation industry. OPAL captures harmful methane emissions at the source and recycles the trapped energy into a commercially viable, low-cost alternative to diesel fuel. As a vertically integrated producer and distributor of RNG for heavy-duty truck fleets for over 20 years, OPAL delivers best-in-class, complete renewable solutions to customers and production partners. To learn more about OPAL and how it is leading the effort to decarbonize North America's transportation industry, please visit www.opalfuels.com.

Lily Thieneman
502-468-8801
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The acquisition is expected to strengthen ChargePoint’s industry leadership and accelerate pace of electrification across Europe

AMSTERDAM & CAMPBELL, Calif.--(BUSINESS WIRE)--#Bethechange--ChargePoint Holdings, Inc. (NYSE:CHPT), a leading electric vehicle (EV) charging network operating in North America and Europe, today announced it has signed a definitive agreement to acquire has·to·be, an e-mobility provider with a leading European charging software platform. This transaction comes as Europe is among the fastest-growing markets for EV sales worldwide. Under the terms of the agreement, ChargePoint will acquire has·to·be for a total purchase price of approximately €250 million, subject to adjustments, to be paid in cash and stock. The transaction is expected to close in 2021, subject to the satisfaction of regulatory approvals and other customary closing conditions.

Pasquale Romano, President and CEO of ChargePoint, said, “As an established leader in North America, our continued investment in Europe is critical to our stated growth strategy. We’re excited to announce our agreement to acquire has·to·be, a leader in its own right with a talented team, an impressive base of customers committed to e-mobility and robust technology. Our combined assets should position us to accelerate our leadership as electrification continues to take hold across continents.”

The has·to·be team, customers and technology will be part of ChargePoint’s operations. Founded in 2013, has·to·be today has 125 employees in Austria and Germany, as well as approximately 40,000 networked ports and over 250,000 networked ports through open roaming agreements. ChargePoint will be positioned to benefit from has·to·be’s strong European market share, especially in Germany, Austria and Switzerland. has·to·be boasts over 1,000 customers in a variety of sectors, from automotive and fleet to oil and gas and energy, from leading brands such as Aral, Audi, GP Joule, Ionity and Porsche. The expansive has·to·be software platform effectively addresses the complexity and fragmentation of today’s European charging landscape and is compatible with widely deployed European charging stations and e-mobility services.

Martin Klässner, co-founder and CEO of has·to·be, said, “Over the past eight years, our talented team has helped lead e-mobility in Europe and attracted a large base of leading brands as customers who rely on our charging software platform every day to meet their technical requirements. Together with the resources of ChargePoint, we will continue in this spirit and achieve even greater scale as the market continues to expand.”

Volkswagen is an investor and a key stakeholder in has·to·be. Elke Temme, Head of Volkswagen Charging & Energy, said, “Our longstanding commitment to e-mobility includes an early investment in has·to·be. We believe ChargePoint and has·to·be together have great potential to drive the adoption of e-mobility.”

About ChargePoint

ChargePoint is creating a new fueling network to move people and goods on electricity. Since 2007, ChargePoint has been committed to making it easy for businesses and drivers to go electric with one of the largest EV charging networks and a comprehensive portfolio of charging solutions available today. ChargePoint’s cloud subscription platform and software-defined charging hardware are designed to include options for every charging scenario from home and multifamily to workplace, parking, hospitality, retail and transport fleets of all types. Today, one ChargePoint account provides access to hundreds-of-thousands of places to charge in North America and Europe. To date, more than 92 million charging sessions have been delivered, with drivers plugging into the ChargePoint network every two seconds or less. For more information, visit the ChargePoint pressroom, the ChargePoint Investor Relations site, or contact ChargePoint’s This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it. press offices or This email address is being protected from spambots. You need JavaScript enabled to view it..

About has·to·be

has·to·be paves the way for sustainable mobility. With its comprehensive EV charging solution platform and innovative services, has·to·be provides the platform companies require to enjoy success in the field of EV charging: from the scalable operation of charging infrastructure to the end-to-end management of worldwide mobility solutions. has·to·be gmbh is headquartered in the federal province of Salzburg and has offices in Munich and Vienna.

Forward-Looking Statements

This press release contains forward-looking statements that involve risks, uncertainties, and assumptions including statements regarding intention to acquire has·to·be, our continued investment in, expectations for growth, and expanded charging network in Europe, strength of our European operations and customer service capabilities after the transaction is closed, expectations regarding the timing of when the acquisition will be completed, the expected benefits of the acquisition of has·to·be to us, our leadership and market position, and our customers, and the expected impact of the acquisition on our offerings. There are a significant number of factors that could cause actual results to differ materially from the statements made in this press release, including: developments and changes in the general market; the continuing impact of COVID-19, including in our business and those of our customers and suppliers; political, economic, and business conditions; our limited operating history as a public company; our ability as an organization to successfully integrate has·to·be and acquire and integrate other companies, products or technologies in a successful manner; our dependence on widespread acceptance and adoption of EVs and increased installation of charging stations; our current dependence on sales of charging stations for most of our revenues; overall demand for EV charging and the potential for reduced demand for EVs if governmental rebates, tax credits and other financial incentives are reduced, modified or eliminated or governmental mandates to increase the use of EVs or decrease the use of vehicles powered by fossil fuels, either directly or indirectly through mandated limits on carbon emissions, are reduced, modified or eliminated; supply chain interruptions; our ability to expand in Europe; the need to attract additional fleet operators as customers; potential adverse effects on our revenue and gross margins if customers increasingly claim clean energy credits and, as a result, they are no longer available to be claimed by us; the effects of competition; risks related to our dependence on our intellectual property; and the risk that our technology could have undetected defects or errors. Additional risks and uncertainties that could affect our financial results are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our quarterly report on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”) on June 11, 2021, which is available on our website at investors.chargepoint.com and on the SEC's website at www.sec.gov. Additional information will also be set forth in other filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by applicable law.

CHPT-IR

European Press
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North American Press
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Investor Relations
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TORONTO--(BUSINESS WIRE)--$LGO #VRFB--Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) is pleased to announce that Largo Clean Energy Corp. (“LCE”) has entered into its first VCHARGE± vanadium redox flow battery (“VRFB”) system sales contract with Enel Green Power España (“EGPE”). Under the contract, LCE is obligated to deliver a 5 hour 6.1 MWh VCHARGE± system for a project in Spain with expected commissioning in Q4 2022, subject to receipt of notice to proceed from EGPE within the next 180 days.

Paulo Misk, President and Chief Executive Officer of Largo, stated: “We are excited to have been selected by Enel Green Power España as the preferred energy storage solution partner on this project. Integrating Largo’s leading high purity vanadium production with the disruptive capabilities of our VCHARGE± system, including superior performance, long life, optimal cost structure and proven durability, should position Largo as an emerging leader in the VRFB industry.” He continued: “The world is in need of clean and safe long-duration energy storage and we believe our VCHARGE± system can be a significant part of this solution going forward. We look forward to the successful deployment of this system.”

Ian Robertson, Chair of the Clean Energy Committee of the Board of Directors of Largo, added: “We are enthused that this sales contract with a world-class customer represents commercial validation of the LCE energy storage system and are confident that the technical and commercial competitiveness of the LCE proposition will continue to be proven through future sales.”

About Largo Resources

Largo Resources is an industry preferred, vertically integrated vanadium company. It services multiple vanadium market applications through the supply of its unrivaled VPURE™ and VPURE+™ products, from one of the world’s highest-grade vanadium deposits at the Company’s Maracás Menchen Mine located in Brazil. Largo is also focused on the advancement of renewable energy storage solutions through its world-class VCHARGE± vanadium redox flow battery technology. The Company's common shares are listed on the Toronto Stock Exchange and on the Nasdaq Stock Market under the symbol "LGO".

For more information on Largo and VPURE™, please visit www.largoresources.com and www.largoVPURE.com.

For additional information on Largo Clean Energy, please visit www.largocleanenergy.com.

Forward-looking Information:

This press release contains forward-looking information under Canadian securities legislation, ("forward-looking statements"). Forward‐looking information in this press release includes, but is not limited to, statements with respect to our ability to market and sell our VCHARGE± battery system on specification and at a competitive price, the production, delivery and sale to Enel Green Power of a VCHARGE+ battery system, the design of that system, expected transaction value, future VCHARGE+ battery system sales, and the growth of the long-duration energy storage market. Forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". All information contained in this news release, other than statements of current and historical fact, is forward looking information. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Largo or Largo Clean Energy to be materially different from those expressed or implied by such forward-looking statements, including but not limited to the failure to satisfy conditions in the agreement with Enel, termination of the agreement, and those risks described in the annual information form of Largo and in its public documents filed on www.sedar.com and www.sec.gov from time to time. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Although management of Largo has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such 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 forward-looking statements. Largo does not undertake to update any forward-looking statements, except in accordance with applicable securities laws. Readers should also review the risks and uncertainties sections of Largo's annual and interim MD&As which also apply.

Trademarks are owned by Largo Resources Ltd.

For further information, please contact:

Sales Enquiries:
Paul Vollant
VP of Commerical
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Tel: +1 571 491 7827 (Americas)
Tel: +353 1536 3094 (EMEA/APAC)

Investor Relations:
Alex Guthrie
Senior Manager, External Relations
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Tel: +1 416‐861‐9797

Ongoing drilling at Moosehead; field work at Fleur de Lys and Benton-Sokoman JV projects; visible gold found at Grey River

ST. JOHN’S, Newfoundland and Labrador--(BUSINESS WIRE)--#benton--Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) is pleased to provide the following exploration update on its 100%-owned projects as well as Joint Venture Projects with Benton Resources Inc. (TSXV: BEX) in Newfoundland.

Highlights:

• Moosehead: close to 20,000 m completed with two drill rigs; third drill rig expected in 2-3 weeks for the barge-based program; testing Footwall Splay/ Eastern Trend, South Pond and the new 75 Zone.
• Fleur de Lys: ongoing till sampling program; multiple samples submitted for gold grain and heavy mineral analysis with initial results expected in 2-3 weeks.
• Grey River JV: sampling in the vicinity of the historical 225 g/t Au sample site resulted in the identification of visible gold in a portion of the mineralized zone; samples submitted for assays; high-resolution airborne geophysical survey to begin shortly.
• Golden Hope JV: initial reconnaissance mission completed; rock samples, stream sediment and C-horizon till samples submitted for assays; in the process of completing high-resolution airborne geophysical survey.
• Kepenkeck JV: completed a high-resolution airborne geophysical survey; a prospecting program has begun; a detailed soil sampling program to commence shortly; first assay results from sampling deemed very encouraging.

Moosehead Project

Phase 6 drilling program is ongoing at Moosehead with two rigs. While there has been a delay in getting a third drill rig on-site due to the current shortage of the drill crew experienced by Sokoman’s preferred drilling contractor who knows the property area well, Sokoman has recently been advised that the third rig is expected to join the program in 2-3 weeks. The third rig will now be designated for the barge-based program which is awaiting final approval from the Department of Environment. The Company is looking at adding a fourth drill rig as soon as possible and will keep investors posted on the progress made in that regard.

Once the third rig is on site, Sokoman plans to be alternating the initial two drills in order to test regional targets that could easily lead to other discoveries in addition to extending currently known zones.

Just under 20,000 m of the proposed 50,000 m Phase 6 program has been completed and multiple strong intersections have been reported from this phase including the holes summarized as follows:

MH-21-115 (Footwall Splay – Eastern Trend) - 4.60 m @ 47.20 g/t Au; and 8.10 m @ 68.25 g/t Au

MH-21-163 (Footwall Splay – Eastern Trend) - 18.90 m @ 13.09 g/t Au

MH-21-141 (South Pond Zone 1) - 4.20 m @ 64.00 g/t Au

MH-21-123 (South Pond Zone 1) - 5.00 m @ 26.87 g/t Au

*Reported lengths are core lengths and are believed to be 70% to 85% of true thickness

The barge program could entail as much as 5,000 to 10,000 m, depending on success and depths, to target the Footwall Splay and as much of the Eastern Trend that can be accessed.

Drilling will continue at the South Pond target as well as on the nearby 75 Zone, which is an open-ended mineralized block lying 100 m northeast of the South Pond target, approximately halfway to the Eastern Trend, and which delivered MH-19-75 (5.80 m of 6.93 g/t Au, including a VG bearing vein grading 32.99 g/t Au over 0.80 m) and remains open. The 75 Zone drilling will help determine whether it is linked to any known zone or is a new splay. Currently a four-to-six-hole program is focused on this area. Once completed, the drill will be assigned to test some of the high-priority geochemical and geophysical targets elsewhere on the property while awaiting assays.

Fleur de Lys Project

The property-scale till sampling program is approximately 40% complete with 357 samples submitted for gold grain and heavy mineral analysis at Overburden Drilling Management (ODM) in Ottawa. The sample collection is being supervised by ODM utilizing contract crews. Results from the early sampling are expected in the next 2-3 weeks. Prospecting has been ongoing concurrent with the till sampling, and approximately 40 rock samples have been submitted for assay, many with disseminated pyrite and chalcopyrite, minerals linked to several gold-enriched deposits in the UK, including the six-million-ounce Curraghinalt deposit in Northern Ireland, with which the Fleur de Lys project shares many characteristics.

Grey River Sokoman/ Benton JV Project

Airborne geophysical surveying totalling 1,099 line-kilometres is about to begin at the 324-claim (8,100 hectares – 81 sq km) Grey River JV in southern Newfoundland and will consist of a Heliborne High-Resolution Magnetic and Matrix Digital VLF-EM Survey flown by Terraquest Ltd. The results of the survey will help define structural targets that may be associated with the gold mineralization at Grey River. The property is targeting high-grade gold mineralization similar to that currently being mined at Pogo, Alaska with published reserves of 6.9 million ounces at 9.4 g/t Au (Northern Star Resources website March 31, 2021), as well as other styles of gold mineralization including shear zone and intrusion-related gold.

Management of Sokoman and Benton have visited the Grey River and the Golden Hope properties to establish priorities and to engage in sampling as many areas of known mineralization. The visit to Grey River was extremely successful in that sampling in the vicinity of the historical 225 g/t Au sample site resulted in the identification of visible gold in a portion of the mineralized zone. In addition, prospecting in the immediate area identified several other mineralized horizons that did not appear to be previously sampled. Assays are pending from a suite of samples collected from several locations on the property. The historical “Quartz Zone” reported by previous workers is impressive and extends for several kilometres in an east west direction (photos can be viewed on Sokoman’s website under the Grey River Project tab) and is up to 200-300 metres in width locally. Multiple gold showings are known along most of its length ranging from 100-200 ppb Au to 225 g/t Au, but no drilling has been carried out at any of the known gold occurrences. The companies have applied for drilling permits which will target these zones.

Golden Hope Sokoman/ Benton JV Project

Exploration has also commenced on the 3,176-claim (79,400 hectares – 794 sq km) Golden Hope Property in southwestern Newfoundland, including a 5,709-line-kilometre Heliborne High-Resolution Aeromagnetic & Matrix Digital VLF-EM Survey being flown by Terraquest Ltd. The survey will help provide an overall structural picture of the property and identify extensions of known gold-bearing structures as well as any previously unrecognized structures on the property. An initial reconnaissance mission at Golden Hope was completed earlier this month by management of Sokoman and Benton in order to get a firsthand look at the ground and to obtain samples in as many areas as possible (photos can be viewed on Sokoman’s website under the Golden Hope Project tab). Mineralization observed included multiple occurrences of structurally controlled quartz veins with variable amounts of pyrite, as well as a previously unknown zone of locally significant arsenopyrite and pyrite (as stringers and veinlets comprising up to 10% of rock volume), that was noted to be several dozen metres in thickness and of unknown strike length. Overall, approximately 50 rock samples as well as seven stream sediment and four C-horizon till samples were collected and submitted for assaying/processing.

Kepenkeck Sokoman/ Benton Resources JV Project

The Company has been informed by Joint Venture partner Benton that a Heliborne High-Resolution Aeromagnetic & Matrix Digital VLF-EM Survey totaling 1,984 line-kilometres has been flown by Terraquest Ltd. A prospecting program has begun, and a detailed soil sampling program will commence shortly. The Kepenkeck property lies in east-central Newfoundland, along trend from Canstar Resources’ Golden Baie project and immediately east of New Found Gold’s Queensway project. The target is high grade and quartz veining, hosted in graphitic shales similar to that of the New Found Gold property.

The companies have received the first assay results from 24 samples submitted. Gold grading from >5 ppb to 5,340 ppb have been obtained from localized float and outcrops. The companies are very encouraged by these early results, and follow-up has been planned to further these discoveries.

About the Flagship Moosehead Gold Project

The 100%-owned Moosehead Gold Project is located along the Trans-Canada Highway in north central Newfoundland, on the same structural trend as the advanced Valentine Lake Project (Marathon Gold), and adjacent to New Found Gold’s Queensway Project. Both the Moosehead and Queensway projects are targeting high-grade, turbidite-hosted, Fosterville-type gold mineralization. At least five zones of significant gold bearing mineralization have been identified to date at Moosehead and multiple high-priority targets independent of the known zones remain to be tested. The Company has completed approximately 20,000 m of a current 50,000 m drill program at Moosehead.

QP

This news release has been reviewed and approved by Timothy Froude, P. Geo., a "Qualified Person" under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

COVID-19 Protocols

To ensure a working environment that protects the health and safety of the staff and contractors, Sokoman is operating under federally and provincially mandated and recommended guidelines during the current COVID-19 alert level.

Analytical Techniques / QA/QC

All core samples submitted for assay were saw cut by Sokoman personnel with one half submitted for assay and one half retained for reference. Samples were delivered in sealed bags directly to the lab by Sokoman Minerals personnel. Samples, including duplicates, blanks and standards, were submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. Eastern Analytical is an accredited assay lab that conforms to requirements of ISO/IEC 17025. Samples with possible visible gold were submitted for total pulp metallics and gravimetric finish. All other samples were analyzed by standard fire assay methods. Total pulp metallic analysis includes: the whole sample is crushed to -10 mesh; then pulverized to 95% -150 mesh; the total sample is weighed and screened 150 mesh; the +150 mesh fraction is fire assayed for Au, and a 30 g subsample of the -150 mesh fraction is fire assayed for Au; with a calculated weighted average of total Au in the sample reported as well. One blank and one industry approved standard for every twenty samples submitted, is included in the sample stream. In addition, random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company with gold projects in Newfoundland & Labrador, Canada. The Company's primary focus is its portfolio of gold projects including the 100%-owned, high-grade, Fosterville-style Moosehead Project, and the Crippleback Lake (optioned to Trans Canada Gold Corp.), and East Alder (optioned to Canterra Minerals Corporation) Projects, all of which lie along the Central Newfoundland Gold Belt, as well as the 100%-owned, district-scale Fleur de Lys project in northwestern Newfoundland, which is targeting Dalradian-type gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company also recently entered into a strategic alliance with Benton Resources Inc. through three large scale joint venture properties including Grey River, Golden Hope and Kepenkeck in Newfoundland.

Sokoman now controls independently, and through the Benton Alliance, over 150,000 hectares (>6,000 claims – 1500 sq. km), making it one of the largest landholders in Newfoundland, Canada’s newest and rapidly emerging gold districts. The Company also retains an interest in an early-stage antimony/gold project (Startrek) in Newfoundland, optioned to White Metal Resources Inc., and in Labrador, the Company has a 100% interest in the Iron Horse (Fe) project which has Direct Shipping Ore (DSO) potential.

Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property.

The Company would like to thank the Government of Newfoundland and Labrador for financial support of the Moosehead Project through the Junior Exploration Assistance Program.

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

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward- looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

Timothy Froude, P. Geo., President & CEO
709-765-1726
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Cathy Hume, Director, Investor Relations
416-868-1079 x251
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Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals