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First Phosphate Closes Third Tranche of Oversubscribed Private Placement

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Advertorial Desk
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THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR
DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Saguenay, Quebec – (Newsfile Corp. – September 22, 2025) – First Phosphate Corp. (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) (“First Phosphate” or the “Company“) is pleased to announce that on, September 19, 2025, it closed the third tranche of its non-brokered private placement financing (the “Offering“), as further described in the Company’s news releases dated August 5, August 25 and September 15, 2025.

In aggregate under the three tranches of the Offering, the Company raised gross proceeds of $11.4 million through the issuance of 13,067,400 Flow-Through Shares for gross proceeds of $6.5 million, and through the issuance of 9,785,000 Hard Dollar Units for gross proceeds of $4.89 million.

Under the third tranche of the Offering, the Company raised a total of $4.7 million through the issuance of 3,168,400 Flow-Through Shares for gross proceeds of $1.58 million and 6,220,000 Hard Dollar Units, comprised of 6,220,000 Common Shares and 3,110,000 Warrants, for gross proceeds of $3.1 million.

Together with this Offering, the Company has raised to date a total of approximately $39.9 million in 9 management-led non-brokered private-placement financings since June 2022 of which approximately $19.6 million has been closed over the last 5 months. The Company is also pleased to have been able to count on the support of numerous long-only private family offices and institutional funds including AlphaNorth Asset Management.

“Thanks to the trust placed in us, First Phosphate is now well-capitalized and remains on track to deliver a completed feasibility study by the end of 2026, mining permits by mid 2027 and an operating igneous phosphate mine supported by existing definitive, bankable offtake agreements by mid 2029,” says CEO, John Passalacqua. “Our timelines are aggressive, and, so they should be: an integrated North American lithium iron phosphate (“LFP”) battery supply chain is a matter of national security to both the United States and Canada.”

The Company paid $35,600 in cash, and issued 151,520 Common Shares and 222,720 Compensation Warrants to finders in connection with the third tranche. In total, in connection with the Offering, the Company paid $96,800 in cash finder’s fees, issued 694,640 Common Shares and advisory shares at a price of $0.50 per common share, and issued 888,240 Compensation Warrants, exercisable at a price of $0.50 per common share of the Company, until December 31, 2025, subject to an Accelerated Expiry Date. All securities issued under the Offering are subject to a four-month and one day statutory hold period in accordance with applicable securities laws. The Company intends to use the proceeds from the Offering as disclosed in the Company’s press release dated August 5, 2025. Capitalized terms used in this news release and not defined herein have the meanings given to them in the Company’s news release dated August 5, 2025. The Company may close a final tranche of the Offering at its discretion on or before September 23, 2025.

The Company is also pleased to announce that it has entered into an advertising and e-marketing contract with NaFinance.com (the “Contractor”) to provide marketing services, including internet and social media engagement. The initial term of the agreement is for 13 months, commencing on September 22, 2025, and may be renewed with mutual written agreement. During the initial term the Contractor will be paid $2,800. The contractor is based at 22 Larksmere Court, Markham, Ontario L3R 3R1, and reachable at (416) 756-9328.

Insider Participation

In connection with the Offering, a company controlled by Larry Zeifman, Chairman of the Board of the Company, and a company controlled by Peter Nicholson, director of the Company, each purchased 280,112 Common Shares.

As related parties of the Company purchased Common Shares, the transactions are considered related party transactions for the purposes of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The participation of the related parties of the Company are exempt from the formal valuation and minority shareholder approval requirements provided under MI 61-101 in accordance with sections 5.5(a) and 5.7(1)(a) of MI 61-101. The Company is relying on an exemption from the formal valuation requirements of MI 61-101 available because the fair market value of the Common Shares purchased by and issued to the related parties does not exceed 25% of the Company’s market capitalization, as determined in accordance with MI 61-101. The Company did not file a material change report related to the transactions more than 21 days before the expected closing of the transactions as required by MI 61-101 but believes that this shorter period is reasonable and necessary in the circumstances as the Company wishes to improve its financial position and to close the Offering in short order for sound business reasons.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals. There can be no assurance that any further securities will be sold under Offering.

About First Phosphate Corp.

First Phosphate (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) is a mineral development company dedicated to producing high-purity phosphate for the LFP battery industry. The Company is committed to sustainable extraction and purification with a low anticipated carbon footprint. Its vertically integrated model connects phosphate mining directly into the supply chains of North American battery producers. First Phosphate’s flagship project, the Bégin-Lamarche Property in Saguenay-Lac-Saint-Jean, Quebec, contains igneous anorthosite rock that yields high-purity phosphate with minimal impurities.

For additional information, please contact:

Bennett Kurtz
Chief Financial Officer
bennett@firstphosphate.com
Tel: +1 (416) 200-0657

Investor Relations: investor@firstphosphate.com
Media Relations: media@firstphosphate.com
Website: www.FirstPhosphate.com

Follow First Phosphate:

Twitter: https://twitter.com/FirstPhosphate
LinkedIn: https://www.linkedin.com/company/first-phosphate

Forward-Looking Information and Cautionary Statements
This news release contains certain statements and information that may be considered “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements and forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “is positioned”, “estimates”, “intends”, “assumes”, “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”, “will” or “will be taken”, “occur” or “be achieved” and other similar expressions. In addition, statements in this news release that are not historical facts are forward-looking statements, including, among other things: the Company’s planned exploration and production activities; the properties and composition of any extracted phosphate; the investment strategy decisions of investors in the Company; the sufficiency of the capitalization of the Company; timelines for the completion of completion of the Company’s feasibility study, receipt of mining permits and an operating igneous phosphate mine; the Company’s plans for vertical integration into North American battery supply chains; and the receipt of all necessary approvals.

These statements and other forward-looking information are based on assumptions and estimates that the Company believes are appropriate and reasonable in the circumstances, which may prove to be incorrect, include, but are not limited to, the various assumptions set forth herein and in the Company’s public disclosure record including the short form base prospectus dated June 5, 2024, a well as, the receipt of all necessary approvals, including the there being no significant disruptions affecting the activities of the Company or inability to access required project inputs; permitting and development of the projects being consistent with the Company’s expectations; the accuracy of the current mineral resource estimates for the Company and results of metallurgical testing; certain price assumptions for P2O5 and Fe2O3; inflation and prices for Company project inputs being approximately consistent with anticipated levels; the Company’s relationship with First Nations and other Indigenous parties remaining consistent with the Company’s expectations; the Company’s relationship with other third party partners and suppliers remaining consistent with the Company’s expectations; and government relations and actions being consistent with Company expectations.

There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. There can be no assurance that any opportunity will be successful, commercially viable, completed on time or on budget, or will generate any meaningful revenues, savings or earnings, as the case may be, for the Company. In addition, the Company will incur costs in pursuing any particular opportunity, which may be significant. These factors and assumptions are not intended to represent a complete list of the factors and assumptions that could affect the Company and, though they should be considered carefully, should be considered in conjunction with the risk factors described in the Company’s other documents filed with the Canadian and United States securities authorities, including without limitation the “Risk Factors” section of the Company’s Management Discussion and Analysis dated January 29, 2025 and Annual Report on 20-F dated July 8, 2024, which are available on SEDAR at www.sedarplus.ca. Although the Company has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in the forward-looking information or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

The issuer is solely responsible for the content of this announcement.

About First Phosphate Corp.

Shenzhen leads digital energy development, the International Digital Energy Expo 2025 has opened

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Advertorial Desk
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SHENZHEN, China, Sept. 22, 2025 /PRNewswire/ — The 2025 International Digital Energy Expo opened Sept. 18 at the Shenzhen Convention and Exhibition Center in Futian District, attracting more than 2,000 enterprises from over 50 countries. Focusing on the deep integration of digital technology and energy, the event has garnered strong interest from international participants, who see it as a window into the future of the energy sector. The exhibition showcased over 300 cutting-edge technologies from the entire energy supply chain, from power generation and grid networks to load management and storage.

Shenzhen leads digital energy development, the International Digital Energy Expo 2025 has opened
Shenzhen leads digital energy development, the International Digital Energy Expo 2025 has opened

A key moment of the opening ceremony was the release of the “2025 Shenzhen Digital Energy White Paper.” This document outlines a strategic implementation path for Shenzhen to establish itself as a global pioneer in digital energy. Its core strategy focuses on six areas: energy production, grid, load, storage, digitalization, and decarbonization.

The plan aims to create three flagship initiatives for the city: a next-generation “Supercharging City 2.0,” an integrated power charging-storage-discharge network, and a cloud-based virtual power plant management platform. The white paper details that these will be achieved by establishing four major centers, cultivating leading industrial companies ranking among the top 100, and developing 10 key solutions.

China has evolved from a “technology follower” to a “rule maker” in the digital energy sector, playing a pivotal role in reshaping global energy governance. This year’s expo, that closed on Sept. 21, featured dedicated zones for international exhibitors and business matchmaking, providing a platform for cooperation and exchange. The event has also attracted official delegations from Arab countries, Hungary, Italy, Portugal, and other countries, who shared their region’s energy transition experiences and investment opportunities.

The exhibition had a dedicated zone for electric heavy-duty trucks, with seven key enterprises, including BYD, Skyworth, Dongfeng, GAC, XCMG, Deepway, and Dawei Hongde, deploying nearly 10 electric heavy-duty trucks, fully demonstrating Shenzhen’s speed as a “Supercharging City 2.0”. BYD’s Haohan Energy Storage system made its global debut, boasting a minimum unit capacity of 14.5 MWh, setting a new world record. Huawei showcased its smart photovoltaic technology, smart charging network, and digital and intelligent power facility solution. CGN exhibited “Hualong One”, its third-generation million-kilowatt pressurized water reactor (PWR) technology. Sunwoda presented the industry’s first large-capacity supercharging cell specifically designed for heavy-duty trucks.

These groundbreaking practices demonstrate Shenzhen’s innovative strength in the digital energy field and provide replicable “Shenzhen solutions” for high-density cities worldwide to achieve their own energy transformation.

Policy Address by Hong Kong SAR’s Chief Executive John Lee: Creating a vibrant cultural, sports and tourism hub with global appeal

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Advertorial Desk
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HONG KONG SAR – Media OutReach Newswire – 22 September 2025 – In his fourth Policy Address (September 17), John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), set out strategies to advance the integrated development of culture, sports and tourism, creating a robust self-reinforcing cycle to generate fresh economic momentum and raise Hong Kong’s global appeal.

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The Government will consolidate Hong Kong’s position as the East-meets-West centre for international cultural exchange. Under the theme of “Tourism is Everywhere” the Government will also enhance the development of tourism products and initiatives with local and international characteristics. “We will actively explore new visitor sources, improve visitor arrival arrangements, enhance immigration experience, and develop the yacht economy,” Mr Lee said.

Strategies include attracting high-end tourists, developing a premium arts trading hub and promoting local cultural and creative industries.

With Hong Kong being among the world’s top three arts trading centres, the Government will step up efforts to build a global premium arts trading hub, attracting more international auction houses, galleries, and professionals to establish a presence in the city.

Measures include developing an arts ecosystem at the Airport City to host arts studios, galleries, and dealers under one roof, supported by large‑scale arts storage and related facilities.

The West Kowloon Cultural District will also take forward the development of the arts trading ecosystem, including initiatives to attract more arts trading enterprises, including galleries, insurance companies, and family offices, and lease space in the Artist Square Towers, scheduled for completion in 2026‑27.

For premium visitors, the Hong Kong Tourism Board (HKTB) will collaborate with the travel trade to offer tailor‑made luxury tours targeted at high‑spending visitors, and work with the industry to offer sophisticated itinerary planning, concierge services, and premium experience.

Speaking at a press conference (September 21), the Secretary for Culture, Sports and Tourism, Rosanna Law, said high-spending visitors are often looking for “private, tailor-made experiences”, including their method of travel, which could be by private jet or yacht. The Government is co-ordinating with the HKTB, the Airport Authority and other operators to ensure seamless facilitation.

“With 1,180 kilometres of shoreline and 263 islands, Hong Kong is well‑positioned to become a yacht hub in Asia,” Mr Lee said. “We will enhance amenities for the yacht industry and promote prime yacht tourism.”

Mr Lee said the Government would provide approximately 600 additional yacht berths at different locations and promote the development of the yacht bay at the Airport City, providing more than 500 additional berths, including berths for superyachts over 80 metres in length. The Government would also promote the systemic development of the Guangdong‑Hong Kong‑Macao individual travel scheme for yachts, and co‑operate with the Guangdong Provincial Government on facilitation measures for the northbound travel of yachts from Hong Kong and southbound travel for yachts from the Mainland.

Regarding Middle East and ASEAN tourism source markets, Mr Lee said: “To further promote Muslim tourism, we will strengthen our strategy of ‘accreditation, education, and promotion’, encouraging the industry to provide more Muslim‑friendly facilities and food options.”

The HKTB launched a funding scheme (September 17) through the end of 2026, by providing a half‑rate certification fee subsidy, capped at HK$5,000 (US$643), for restaurants that have acquired Halal certification.

Miss Law said the number of certified Halal restaurants in the city has almost doubled since early 2024, rising from about 100 to more than 190 by end August this year.

With the opening of the Kai Tak Sports Park (KTSP) in March this year, the Government has announced the enhancement of the positioning of various performance venues.

The KTSP, opened in Hong Kong this March, has rapidly developed into a bridgehead for mega-event economy.
The KTSP, opened in Hong Kong this March, has rapidly developed into a bridgehead for mega-event economy.

“The KTSP plays a pivotal role in promoting sports mega events and developing sports as an industry. We will leverage its strengths to drive ‘sports + mega events’ development,” Mr Lee said, adding that the Government would review the positioning of the Hong Kong Stadium to complement the KTSP and support sports development.

The KTSP will stage several events of the 15th National Games (NG) in November as well as the National Games for Persons with Disabilities and the National Special Olympic Games (NGDSO) in December, to be co-hosted for the first time by Guangdong, Hong Kong and Macao.

“We will spare no effort in staging the competitions to be held in Hong Kong, and work with Guangdong and Macao to make the 15th NG and NGDSO a success,” Mr Lee said. “We have collaborated with the industry to roll out various tourism products related to the Games, and have also arranged for local free television broadcasts to relay the competitions, allowing the public to cheer on the athletes.”

To attract more world‑class players to compete in Hong Kong, the Government has agreed on a multi‑year partnership arrangement with LIV Golf, one of the most important golf tours in the world.

And, with next year being the Year of the Horse in the Chinese zodiac, the Hong Kong Jockey Club will organise celebrations and performances under the equestrian theme to promote horse‑racing tourism.

Mr Lee said the Government would “press ahead with the integrated development of culture, sports and tourism, enabling the people of Hong Kong to live in a community with thriving economy and vibrant culture.”

Hashtag: #hongkong #brandhongkong #policyaddress #culture #sports #tourism





The issuer is solely responsible for the content of this announcement.

BitMine Immersion (BMNR) Announces Pricing of $365.24MM Registered Direct Offering At $70 per share

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Advertorial Desk
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BitMine sells approximately 5.22 million shares at $70.00 per share and approximately 10.4 million warrants with a strike price of $87.50

BitMine common share sale is a 14% premium to the closing price of BitMine Common Stock on September 19, 2025

BitMine remains supported by a premier group of institutional investors including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas “Tom” Lee to support BitMine’s goal of acquiring 5% of ETH

LAS VEGAS, Sept. 22, 2025 /PRNewswire/ — (NYSE AMERICAN: BMNR) BitMine Immersion Technologies (“BitMine” or the “Company”) a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, today announced that it entered into a securities purchase agreement with an institutional investor related to the offer and sale of 5,217,715 shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”) at a price of $70.00 per share, and warrants to purchase up to 10,435,430 shares of Common Stock at an exercise price of $87.50 per share (the “Warrants”) in a registered direct offering transaction (the “offering”). At $70.00 per share, the Common Stock purchase price represents a premium of approximately 14% to the closing price on September 19, 2025. The Warrants will be exercisable upon issuance and expire on March 22, 2027. Prior to and including the date of expiration, the Warrants may be exercised, in whole or in part, in exchange for cash payment of the exercise price.

The Company expects aggregate gross proceeds from the offering of approximately $365.24 million, before deducting the placement agent’s fees and other estimated offering expenses. Potential future aggregate proceeds from the Warrants represent approximately $913 million from cash exercises. This would result in total proceeds of approximately $1.28 billion combining the common offering and the proceeds from a cash exercise of the Warrants.

“BitMine has raised $365.24 million by selling our stock at a 14% premium to Friday’s close. By selling shares at $70 per share, compared to our $61.29 closing price, this is materially accretive to existing shareholders as the primary use of proceeds is to add to our ETH holdings,” said Thomas Lee, Chairman of BitMine.

“In our view, this 14% premium reflects not only strong institutional investor interest in the BitMine story, but also confidence in our execution as a Company,” said Lee. “Institutional investors have told us BitMine remains the only large-cap US stock to give investors direct exposure to ethereum. Our August Chairman’s message resonates with many investors, who see the compelling supercycle for ethereum as Wall Street moves to embrace and build upon this blockchain.”

The Company expects the offering to close on or about September 23, 2025, subject to the satisfaction of customary closing conditions.

Moelis & Company LLC is acting as the sole placement agent for the offering.

Winston & Strawn LLP served as legal counsel to BitMine Immersion Technologies (BMNR).

This offering is being made pursuant to an effective shelf registration statement on Form S-3ASR (File No. 333-288579), which was declared effective by the Securities and Exchange Commission (the “SEC”) on July 9, 2025. The offering is made only by means of a prospectus which is part of the effective registration statement. Before investing, interested parties should read the prospectus supplement and accompanying prospectus and other documents filed with the SEC for information about BitMine and this offering. A prospectus supplement and the accompanying prospectus relating to the registered direct offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov. Additionally, when available, electronic copies of the prospectus supplement and the accompanying prospectus may be obtained, when available, from Moelis & Company LLC, 399 Park Avenue, 5th Floor New York, New York 10022, or by email at prospectus-eq_fi@moelis.com.

About BitMine

BitMine is a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, whether acquired by our Bitcoin mining operations or from the proceeds of capital raising transactions. Company business lines include Bitcoin Mining, synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine’s operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas.

Forward Looking Statements

This press release contains statements that constitute “forward-looking statements.” The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding progress and achievement of the Company’s goals regarding ETH acquisition and staking, the long-term value of Ethereum, continued growth and advancement of the Company’s Ethereum treasury strategy and the applicable benefits to the Company. In evaluating these forward-looking statements, you should consider various factors, including BitMine’s ability to keep pace with new technology and changing market needs; BitMine’s ability to finance its current business, Ethereum treasury operations and proposed future business; the competitive environment of BitMine’s business; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond BitMine’s control, including those set forth in the Risk Factors section of BitMine’s Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on April 3, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of BitMine’s filings with the SEC are available on the SEC’s website at www.sec.gov. BitMine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

 

CHICAGO RIVER SWIM MAKES HISTORIC RETURN AFTER NEARLY A CENTURY

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Advertorial Desk
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Raises $150,000 to support ALS research and youth swim education

CHICAGO, Sept. 22, 2025 /PRNewswire/ — The Chicago River Swim returned on Sunday, September 21, for the first time in 98 years, marking a historic milestone for the city and drawing thousands of swimmers, civic leaders and spectators to the heart of downtown.

First place one-mile winner Olympian Olivia Smoliga
First place one-mile winner Olympian Olivia Smoliga

The event, produced by the nonprofit A Long Swim, celebrated decades of environmental progress while raising $150,000 for ALS research at the Ozdinler Lab of Northwestern’s Feinberg School of Medicine and swim-safety education programs at the Salvation Army Kroc Center.

263 swimmers entered the one- and two-mile courses along the main branch of the river, cheered on by crowds lining the Riverwalk.

Chicago Mayor Brandon Johnson provided opening remarks and said, “The Chicago River Swim is a symbol of Chicago’s resilience and progress. Once too polluted for recreation, the river has been restored as one of our city’s greatest assets. Today shows how far we’ve come in reclaiming our environment for future generations.”

The Mayor was joined onstage by Olympian and USA Swimming Ambassador Natalie Hinds, who highlighted the importance of water safety, access and opportunity for young swimmers.

A Long Swim co-founder Doug McConnell, who lost both his father and sister to ALS, underscored the dual mission of the Swim: “This is more than just a race, it’s a tribute to the river’s revival and a commitment to funding research and education that changes lives.” Since its founding, A Long Swim has raised more than $3 million for ALS research.

The event drew strong support from civic leaders, including Congressman Mike Quigley, Cook County Board President Toni Preckwinkle, Illinois State Senator Mattie Hunter, State Representative Kimberly du Buclet and Alderman Ronnie Mosely, who were in attendance. 

Olympian Olivia Smoliga, a Chicago-area native who earned gold in Rio 2016 and bronze in Tokyo 2020 and is the founder of In Depth Swim Academy, took first in the women’s one-mile race with a time of 22:45. Levy Nathan won the men’s division in 22:22. In the two-mile competition, Becca Mann captured the women’s title in 40:07, while Isaac Eilmes led the men’s field in 40:13. Their achievements highlighted both the athletic rigor of the event and the river’s transformation into safe, swimmable waters.

The Swim highlighted the river’s dramatic transformation into one of Chicago’s greatest civic assets. The Chicago River is now at its cleanest levels on record, supporting more than 80 species of fish and a growing diversity of wildlife. This transformation reflects decades of environmental progress, including: stronger federal and local regulations, advanced wastewater treatment by the Metropolitan Water Reclamation District (MWRD), the Tunnel and Reservoir Plan to reduce overflows, advocacy and cleanups by Friends of the Chicago River and ecological recovery efforts led by the Shedd Aquarium. Together, these partners have helped reclaim the river as a living ecosystem and made it possible for swimmers to safely return for the first time in nearly a century.

Swimmer safety was paramount. The course was safeguarded by more than 100 trained personnel, including lifeguards and observers in kayaks, on support boats and on shore.

Research-based water testing was critical to making the Chicago River Swim possible. The University of Illinois Chicago (UIC), which also conducted daily summer testing of city beaches for the Chicago Park District, led the testing along the course. Over 19 days, UIC regularly collected samples at eight bridges, with every result well within EPA guidelines.

All tests returned in the “green flag” range, confirming suitable conditions for swimmers. To strengthen safeguards, the Swim implemented a layered approach, combining UIC’s testing with oversight by MWRD. More info here. 

“Our partnership with the Chicago River Swim benefited the athletes who participated and our students, whose commitment to water quality helps make Chicago a leader in testing public waterways,” said Abhilasha Shrestha, Research Assistant Professor at the UIC School of Public Health. “It’s rewarding to see science play a meaningful role in providing a safe experience for the swimmers.”

For more information, visit: www.chicagoriverswim.org

Photo Credit: Linda Barrett
Photo Credit: Linda Barrett

 

Photo – https://laotiantimes.com/wp-content/uploads/2025/09/a_long_swim_2.jpg
Photo – https://laotiantimes.com/wp-content/uploads/2025/09/a_long_swim_3.jpg
Logo – https://laotiantimes.com/wp-content/uploads/2025/09/chicago_river_swim_logo.jpg

BitMine Immersion (BMNR) Announces ETH Holdings Exceed 2% of Ethereum Network With ETH Holdings Exceeding 2.4 Million Tokens and Total Crypto and Cash Holdings of $11.4 Billion

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Advertorial Desk
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BitMine now owns greater than 2% of the ETH token supply as it moves towards the ‘Alchemy of 5%’

BitMine Crypto + Cash Holdings + “Moonshots” total $11.4 billion, including 2.416 million ETH Tokens, unencumbered cash of $345 million, and other crypto holdings

BitMine is the 24th most traded stock in the US, trading $3.5 billion per day (5-day avg)

BitMine remains supported by a premier group of institutional investors including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas “Tom” Lee to support BitMine’s goal of acquiring 5% of ETH

LAS VEGAS, Sept. 22, 2025 /PRNewswire/ — (NYSE AMERICAN: BMNR) BitMine Immersion Technologies (“BitMine” or the “Company”) a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, today announced crypto BitMine crypto + cash + “moonshots” holdings totalling $11.4 billion.

As of September 21st at 4:00pm ET, the Company’s crypto holdings are comprised of 2,416,054 ETH at $4,497 per ETH (Bloomberg), 192 Bitcoin (BTC), $175 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and unencumbered cash of $345 million.

BitMine crypto holdings reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc (MSTR), which owns 638,460 BTC valued at $74 billion. BitMine remains the largest ETH treasury in the world. 

“BitMine ETH holdings now exceed 2% of supply as we move towards our ‘Alchemy of 5%’ of ETH supply. We approached holdings of 1% of ETH in early August when BitMine’s equity was $38 (20-moving average) and as we exceed 2%, BitMine’s share price is now over $61,” said Thomas “Tom” Lee of Fundstrat, Chairman of BitMine. “As we mentioned in our August Chairman’s message, the convergence of both Wall Street moving onto the blockchain and AI/ agentic-AI creating a token economy is creating a supercycle for Ethereum. And the power law benefits large holders of ETH, hence, we pursue the ‘alchemy of 5%’ of ETH.”

The GENIUS Act and SEC’s Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold.

“We continue to believe Ethereum is one of the biggest macro trades over the next 10-15 years,” continued Lee. “Wall Street and AI moving onto the blockchain should lead to a greater transformation of today’s financial system. And the majority of this is taking place on Ethereum.”

BitMine is now one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of $3.5 billion (5-day average, as of September 21, 2025), ranking #24 in the US, behind Opendoor Technologies (rank #23) and ahead of Eli Lilly (rank #25) among 5,704 US-listed stocks (statista.com and Fundstrat research).

“At BitMine, we are leading our crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of our stock,” said Lee.

The company recently released a corporate presentation, which can be found here: https://bitminetech.io/investor-relations/

The Chairman’s message can be found here: https://www.bitminetech.io/chairmans-message

To stay informed, please sign up at: https://bitminetech.io/contact-us/

About BitMine
BitMine is a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, whether acquired by our Bitcoin mining operations or from the proceeds of capital raising transactions. Company business lines include Bitcoin Mining, synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine’s operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas.

For additional details, follow on X:
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Forward Looking Statements
This press release contains statements that constitute “forward-looking statements.” The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding progress and achievement of the Company’s goals regarding ETH acquisition and staking, the long-term value of Ethereum, continued growth and advancement of the Company’s Ethereum treasury strategy and the applicable benefits to the Company. In evaluating these forward-looking statements, you should consider various factors, including BitMine’s ability to keep pace with new technology and changing market needs; BitMine’s ability to finance its current business, Ethereum treasury operations and proposed future business; the competitive environment of BitMine’s business; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond BitMine’s control, including those set forth in the Risk Factors section of BitMine’s Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on April 3, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of BitMine’s filings with the SEC are available on the SEC’s website at www.sec.gov. BitMine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Eni and Commonwealth Fusion Systems sign $1 billion+ power purchase agreement, expanding strategic partnership to commercialize fusion energy

By
Advertorial Desk
-
  • Eni, as a CFS strategic investor, signs offtake agreement worth more than $1 billion for clean fusion power from CFS’ first ARC power plant in Chesterfield County, Virginia.
  • The agreement strengthens the strategic partnership between Eni and CFS and their joint effort to commercialize fusion energy, a breakthrough technology with the potential to transform the global energy landscape.
  • Eni has been a CFS shareholder since 2018. The offtake agreement expands the companies’ existing technological collaboration to also include a commercial partnership.

DEVENS, Mass. and SAN DONATO MILANESE, Italy, Sept. 22, 2025 /PRNewswire/ — Eni and Commonwealth Fusion Systems (CFS) today announce a power offtake agreement worth more than $1 billion, expanding a longstanding strategic partnership between the companies to commercialize fusion power.

The power purchase agreement (PPA) concerns Eni’s acquisition of decarbonized power from CFS’s 400 MW ARC fusion power plant in Chesterfield County, Virginia, which is expected to connect to the grid in the early 2030s. Financial terms weren’t disclosed. This is the second offtake agreement that CFS has signed in three months for its first grid-scale fusion power plant.

“The agreement with Eni demonstrates the value of fusion energy on the grid. It is a big vote of confidence to have Eni, who has contributed to our execution since the beginning, buy the power we intend to make in Virginia,” said Bob Mumgaard, Co-founder and CEO of CFS. “Our fusion power attracts diverse customers across the world — from hyperscalers to traditional energy leaders — because of the promise of clean, almost limitless energy.” 

“This strategic collaboration, with a tangible commitment to the purchase of fusion energy, marks a turning point in which fusion becomes a full industrial opportunity,” said Eni CEO Claudio Descalzi. “Eni has been strengthening its collaboration with CFS with its technological know-how since it first invested in the company in 2018. As energy demand grows, Eni supports the development of fusion power as a new energy paradigm capable of producing clean, safe, and virtually inexhaustible energy. This international partnership confirms our commitment to making fusion energy a reality, promoting its industrialization for a more sustainable energy future.”

The PPA follows CFS’ $863 million Series B2 round in which Eni increased its investment in CFS. Eni, which was among the first to invest in CFS in 2018 and believe in fusion, is today a strategic shareholder. In 2023 the two companies signed a Collaboration Framework Agreement to accelerate fusion energy development. The collaboration between the companies includes operational and technological support; project execution through the sharing of methodologies learned from the energy industry; and relationships with stakeholders.

The PPA further validates that CFS is on the most promising path to deliver commercial fusion power in the coming years. The company has demonstrated its capabilities by developing key advances in high-temperature superconducting magnets and sustaining its execution velocity in the construction of the SPARC fusion demonstration machine in Devens, Massachusetts.

Eni, a global tech energy company based in San Donato Milanese, Italy, has been active in the US energy sector since 1968. The company’s operations include oil and natural gas production, renewables and biofuel. Eni also invests in innovative technologies for the energy transition through its Boston-based corporate venture capital division, Eni Next.

About Commonwealth Fusion Systems

Commonwealth Fusion Systems is the world’s largest and leading private fusion company. The company’s marquee fusion project, SPARC, will generate net energy, paving the way for limitless carbon-free energy. The company has raised almost $3 billion in capital since it was founded in 2018.

About Eni

Eni is a global energy tech company operating in 64 Countries, with about 32,500 employees. Originally an oil & gas company, it has evolved into an integrated energy company, playing a key role in ensuring energy security and leading the energy transition. Eni’s goal is to achieve carbon neutrality by 2050 through the decarbonization of its processes and of the products it sells to its customers. In line with this goal, Eni invests in the research and development of technologies that can accelerate the transition to increasingly sustainable energy. Renewable energy sources, bio-refining, carbon capture and storage are only some examples of Eni’s areas of activity and research. In addition, the company is exploring game-changing technologies such as fusion energy – a technology based on the physical processes that power stars and that could generate safe, virtually limitless energy with zero emissions.

Media Contacts

For CFS:
press@cfs.enert 

For Eni:
Press Office: ufficio.stampa@eni.com
Tel. +39.0252031875 – +39.0659822030
Website: www.eni.com                 

                                      

Biotic innovation tackles iron deficiency in women – now recognized across three continents

By
Advertorial Desk
-

STOCKHOLM, Sept. 22, 2025 /PRNewswire/ — A health solution designed to improve iron absorption in women has garnered international acclaim, earning top awards in Europe, North America, and now Asia. This triple recognition in 2025 highlights a growing global awareness of the need for more effective, better-tolerated iron supplementation. 

Developed by biotics solutions company Probi, the concept includes the clinically studied probiotic strain, Lactiplantibacillus plantarum 299v (LP299V®). When combined with iron, LP299V® increases iron absorption and reduces gastrointestinal side effects often linked to conventional supplements. 

 

Women's health by Probi
Women’s health by Probi

 

Iron deficiency is one of the world’s most pressing nutritional challenges, affecting over 30% of women of reproductive age globally. Rather than simply adding more iron, Probi’s patented strain helps the body absorb it more effectively. LP299V® supports iron uptake in two key ways: by keeping iron in its absorbable form and by increasing the body’s expression of iron-converting enzymes. This leads to better absorption from food and supplements. 

“Recognition across three continents in a single year speaks to the urgent, global nature of this issue and to the promise of science-backed, biotic innovations in addressing it,” said Martina Pettersson, Global Marketing Director at Probi.

The latest accolade, the 2025 NutraIngredients-Asia Award for Innovation in Women’s Health, was presented in Bangkok on September 17, following earlier honors in Europe and North America. 

“This innovation has a critical role to play in Asia, where iron deficiency continues to impact millions of women,” said Karen Ong, Head of Asia-Pacific at Probi. “This reinforces how accessible and well-tolerated solutions can make a meaningful difference.” 

LP299V® has been studied for over three decades. Originally known for its digestive benefits, it is now gaining recognition for its unique ability to increase iron absorption and supporting better health outcomes for women globally. 

About Probi

Probi® is a global biotics solutions company, focused on researching, manufacturing, and delivering biotics for supplements and functional food. Founded on science, and together with our customers and research partners, we are striving towards a future in which as many people as possible can take control of their gut microbiome – so that they can live better lives for longer.

Born out of Lund University in Sweden in 1991, Probi has grown to serve over 40 markets worldwide and holds multiple patents globally. Since 2025, Probi has been part of Symrise AG, further strengthening both innovation capabilities and global reach.

 

 

Contact:
Lisa Jalakas 
+46721936322 
lisa.jalakas@probi.com 

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