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Minesto presents today at Aktiedagen i Stockholm

GOTHENBURG, Sweden, Sept. 16, 2026 /PRNewswire/ — Minesto’s CEO Dr Martin Edlund presents today at Aktiedagen i Stockholm by Aktiespararna, 15 September 2026

The event is livestreamed, and Minesto will be presenting at 18.30 CEST: 

Aktiespararna

Contact

Cecilia Sernhage, Chief Communications Officer
+46 735 23 71 58
ir@minesto.com 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/minesto-ab/r/minesto-presents-today-at-aktiedagen-i-stockholm,c4396487

Customize Trail Lights With the New Wolfbox NomadPixel 5, the World’s First Programmable Off-Road Pixel Lighting System

The 17,700-lumen lighting system combines long-range trail illumination with app-controlled pixel text, graphics and animations

DALLAS, Sept. 16, 2026 /PRNewswire/ — Wolfbox, a leader in off-road dash cams and automotive electronics, introduces the new NomadPixel 5, the world’s first programmable off-road pixel lighting system that brings customizable pixel displays to high-performance trail lights for SUVs and pickup trucks. Designed for off-road and overlanding enthusiasts, the system enables drivers to create text, graphics and animated content from their phones and display it outdoors with 8,850 raw lumens of illumination per light.

Wolfbox NomadPixel 5 pixel lighting system
Wolfbox NomadPixel 5 pixel lighting system

From September 15 to September 29, the NomadPixel 5 is available for presale from the Wolfbox website at an early-bird price of US$499 with the code NPLIGHT100. The official launch follows on September 30, when the system will be offered at its regular retail price of US$639.

Off-road lights have traditionally served only one purpose: visibility. With fixed beams, drivers have little opportunity to change how the lights look or what they display. NomadPixel 5 takes this familiar piece of trail equipment in a new direction. Each of the NomadPixel 5’s two five-inch lights doubles as a programmable display, giving drivers a way to illuminate the road ahead, personalize their vehicles and share visible messages with others in their group, lighting up every moment of their trip.

The lights are controlled via the Wolfbox mobile app and can be configured independently. Users can choose from preset graphics, type their own text or draw an original design one pixel at a time. Messages and graphics can remain static, scroll across the display or flicker. Three animation speeds and four brightness settings (40%, 60%, 80% and 100%) provide further control over how the content appears.

The customization feature can be used in plenty of ways beyond the trail itself. Drivers might display a vehicle or club name at an off-road gathering, create graphics for a competition or celebration, or add a personal touch to an overlanding campsite. The content can be changed for each trip or occasion, without replacing the lights or installing a separate display.

In remote areas, the pixel displays can also serve as another form of visible communication. A driver who becomes separated from a group or gets stuck outside reliable mobile coverage can display “HELP” or “SOS” messages to attract attention from other off-roaders at a distance.

Beyond creative functions, NomadPixel 5 is a capable trail lighting system. Its two lights each produce 8,850 raw lumens, and the driving beam reaches 1 lux at 275 meters. Output levels can be adjusted to suit nighttime trails, campsites or group-driving conditions.

The NomadPixel 5 is also built for the weather and terrain that come with off-road travel. The lights carry an IP69K rating and use waterproof breather valves to protect against water, mud, dust and severe weather. They can operate in temperatures ranging from −40°F to 149°F (−40°C to 65°C).

ADC12 powder-coated die-cast aluminum housings, UV-coated polycarbonate panels and U-shaped stainless-steel mounting brackets add another layer of durability. The design has undergone 136 hours of salt-spray testing, while the LEDs have an estimated operating life of approximately 50,000 hours. Wolfbox backs NomadPixel 5 with a five-year warranty.

The system is designed for broad use across a wide range of off-road SUVs and pickup trucks, subject to individual mounting configurations. Amber and clear lens covers are included, allowing drivers to adapt the lights to changing conditions and preferences.

About Wolfbox

Founded in 2019, Wolfbox is a leading brand in automotive electronics that specializes in advanced smart mirrors and dash cams, as well as other auto accessories such as jump starters, tire inflators and deflators, 2-in-1 starters and compressors, and more. Wolfbox has served over 800,000 drivers in 89 countries, and continues to innovate and revolutionize the auto accessories market with high-tech automotive gadgets and electronics for tech-savvy consumers and outdoor activity enthusiasts.

For more information, visit wolfbox.com and gears.wolfbox.com.

November 20-21 “Galaxy Stars of Gastronomy” Presents Michelin-starred Mastery: 12 Chefs | 24 Glittering Stars

As the Macau Grand Prix weekend revs up, on 20 and 21 November, Galaxy Macau gathers a standout line-up of 15 of Asia’s most awarded chefs and mixologists for the anticipated return of its eponymous dining festival – early bird tickets on sale now


MACAU SAR – Media OutReach Newswire – 15 September 2026 – On 20 & 21 November, Galaxy Macau elevates its gastronomic offering with the standout eponymous edition of Galaxy Stars of Gastronomy 2026. The fourth presentation of Galaxy Macau’s large-scale immersive outdoor culinary event will showcase an elite line-up of 12 of the region’s most sought-after culinary masters, deliveringa cumulative 24 Michelin stars. In addition, featuring three prominent mixologists, including this year’s Asia’s 50 Best Bar’s champions. Galaxy Stars of Gastronomy cements its place as Asia’s leading dining destination, and home to some of the region’s most awarded restaurants, chefs and culinary experiences, all under one roof., under one roof.

Galaxy Stars of Gastronomy 2026, the next chapter of Macau's and Galaxy Macau's immersive elite dining festival, will be held from 20 to 21 November for three consecutive sessions, celebrating the best in culinary artistry presented by a constellation of award-winning Michelin-starred chefs and mixologists.
Galaxy Stars of Gastronomy 2026, the next chapter of Macau’s and Galaxy Macau’s immersive elite dining festival, will be held from 20 to 21 November for three consecutive sessions, celebrating the best in culinary artistry presented by a constellation of award-winning Michelin-starred chefs and mixologists.

The city’s most elevated sensory gastronomy festival takes place across three sittings from Friday 20 November, to Saturday 21 November, spanning two dazzling nights and one thrilling day-time session. Following the standout success of the festival’s first three years at Galaxy Macau, this cornerstone event during Macau Grand Prix weekend has cemented the city’s undisputed status as a UNESCO City of Gastronomy and the home of Formula 3 racing on the global stage.

Galaxy Stars of Gastronomy celebrates the elemental exchange of cultures, craftsmanship and creativity through a series of extraordinary dining experiences curated exclusively for Galaxy Macau. Tickets from MOP1,988 per person (min. 2 persons) are now on sale at www.galaxymacau.com with an incredible 20% early bird discount offer which includes a complimentary free-flow wine package, on or before 4 October, while tickets last.

Drawing inspiration from the nourishing philosophy of the Five Elements, Galaxy Stars of Gastronomy 2026 invites Asia’s top chefs to interpret Metal, Wood, Water, Fire and Earth through their own creative culinary lens. Set against a vibrant al fresco backdrop of live performances at the Cabana, guests will be immersed in a celebration of flavour, creativity and craftsmanship led by Asia’s foremost culinary masters.

An All-Star Line-up of Culinary Visionaries

Working in small groups, 12 talented masters will showcase their distinct culinary philosophies through diverse ingredients and techniques, transforming nature’s bounty into dishes inspired by the Five Elements. Guests will enjoy an up-close and personal opportunity to engage with Asia’s leading celebrity chefs, as each dish is meticulously prepared in front of them.

Asia's most sought-after Michelin-starred chefs united at Galaxy Stars of Gastronomy 2026 include (from left): *Chef Eom Taejin *Chef Hiroyasu Kawate *Chef Jimmy Lim *Chef Vianney Massot *Chef Julien Royer *Chef Darren Teoh
Asia’s most sought-after Michelin-starred chefs united at Galaxy Stars of Gastronomy 2026 include (from left): *Chef Eom Taejin *Chef Hiroyasu Kawate *Chef Jimmy Lim *Chef Vianney Massot *Chef Julien Royer *Chef Darren Teoh

Gathered at Galaxy Macau will be a standout, award-winning team of Asia’s elite culinary talents, representing the pinnacle of excellence region-wide:

  • Chef Julien Royer: Three-Michelin-Starred Odette, Singapore
  • Chef Jimmy Lim: Three-Michelin-Starred JL Studio, Taichung
  • Chef Darren Teoh: Two-Michelin-Starred Dewakan, Kuala Lumpur
  • Chef Hiroyasu Kawate: Two-Michelin-Starred Florilège, Tokyo
  • Chef Vianney Massot​: Two-Michelin-Starred BLACKSWAN, Beijing
  • Chef Eom Taejun: One-Michelin-Starred Solbam, Seoul
Galaxy Macau and StarWorld Hotel's elite team of highly-acclaimed chefs include (from left): *Chef Umberto Bombana *Chef Chan Chek Keong *Chef Vicky ChengChef Masaaki Miyakawa *Chef Xu Jingye *Chef Yam Lok Hin
Galaxy Macau and StarWorld Hotel’s elite team of highly-acclaimed chefs include (from left): *Chef Umberto Bombana *Chef Chan Chek Keong *Chef Vicky ChengChef Masaaki Miyakawa *Chef Xu Jingye *Chef Yam Lok Hin

Galaxy Macau and StarWorld Hotel’s elite culinary team is set to include:

  • Chef Masaaki Miyakawa, Three-Michelin-Starred Sushi Miyakawa & One-Michelin-Starred Sushi Kissho by Miyakawa
  • Chef Umberto Bombana: Three-Michelin-Starred 8½ Otto e Mezzo BOMBANAHong Kong& One-Michelin-Starred 8½ Otto e Mezzo BOMBANA Macau
  • Chef Xu Jingye: Two-Michelin-Starred 102 House, Shanghai & House of Origin at Galaxy Macau
  • Chef Vicky Cheng: One-Michelin-Starred VEA Hong Kong, and Estuary by Vicky Cheng
  • Chef Chan Chek Keong: Two-Michelin-Starred Feng Wei Ju at StarWorld Hotel
  • Chef Yam Lok Hin, Assistant Vice President and Chef Creator – Pastry and Bakery, Galaxy Macau, StarWorld Hotel and Broadway Macau

Exceptional Pairings Beyond the Plate

Building on Galaxy Macau’s reputation as a bars innovator, the event brings together some of Asia’s most respected names in cutting-edge mixology.

Asia's leading mixology innovators (from left): *Nokoy Mak *Andrew Ho *Shelley Tai
Asia’s leading mixology innovators (from left): *Nokoy Mak *Andrew Ho *Shelley Tai

Leading the line-up is Andrew Ho of Guangzhou’s Hope & Sesame, recognised as “Asia’s Best Bar” this year by Asia’s 50 Best Bars; alongside Shelley Tai, founder-mixologist of Hong Kong’s celebrated Mius, ranked No. 36 on this year’s list and recipient of the “Altos Bartenders’ Bartender Award” at Asia’s 50 Best Bars 2026. Representing Galaxy Macau is award-winning mixology innovator Nokoy Mak, Bar Manager at Long Bar, Raffles at Galaxy Macau and “Tatler Best 20 Bars 2026” in Macau.

Together, they will present an innovative collection of cocktails and non-alcoholic creations designed to complement the event’s culinary offerings with thrilling pairings.

A Culinary Journey Inspired by the Five Elements

With the elite assembly of 15 of Asia-Pacific’s most celebrated culinary and mixology masters, Galaxy Stars of Gastronomy 2026 presents a unique exchange of knowledge and skills. Guided by the Five Elements, each chef curates with their own distinctive approach, creating an immersive dining experience that reflects the diversity and dynamism of the region’s gastronomic landscape.

Each element embodies a distinctive flavour expression: Wood celebrates freshness and vitality; Metal highlights precision and purity; Water explores depth, texture and umami; Fire showcases transformation through grilling, roasting and seasoning; while Earth brings richness and grounding through nutty, root-driven and comforting flavours.

From 20-21 November, 2026, Galaxy Macau cements its place one of Asia’s most compelling dining destinations, offering a wide array of pristine dining options from Michelin-starred restaurants and celebrated chefs to acclaimed local delicacies. Galaxy Stars of Gastronomy 2026 further reinforces this constellation of inspirational dining, offering guests a thrilling one-stop experience of Asia’s most acclaimed culinary artists – all within one destination, for one weekend only.

At Galaxy Stars of Gastronomy 2026, guests will be sampling refined culinary creations by a line-up of star-studded chefs and award-winning mixologists, elevated by an immersive al-fresco atmosphere.
At Galaxy Stars of Gastronomy 2026, guests will be sampling refined culinary creations by a line-up of star-studded chefs and award-winning mixologists, elevated by an immersive al-fresco atmosphere.

For more information about Galaxy Macau and Galaxy Stars of Gastronomy 2026, please visit www.galaxymacau.com.

Galaxy Stars of Gastronomy 2026

Date 20 November 2026 (Friday) | 18:30 – 22:30

21 November 2026 (Saturday) | 12:00 – 15:00 / 18:30 – 22:30

Venue Cabana – 2/F, Galaxy Macau
Price Early Bird Discount:

Tickets purchased on or before 4 October enjoy 20% off and complimentary wine package

Credit Card Privilege:

Tickets purchased with designated HSBC HK Credit Cards on or before 4 October enjoy 20% off and complimentary wine package

Tickets purchased with ICBC Visa Cards (issued in Macau) on or before 19 November enjoy 20% off, complimentary wine package, and exclusive dining gift certificates up to MOP1,800

Table Experience for 2 pax – MOP3,976 (Early Bird: MOP3,181)

Table Experience for 4 pax – MOP7,952 (Early Bird: MOP6,362)

Table Experience for 6 pax – MOP11,928 (Early Bird: MOP9,542)

Inclusive of:

  • Admission and seating on the pool deck*
  • Elemental signature delicacies prepared by acclaimed award-winning chefs
  • Choice of 3 welcome cocktails or mocktails per person, prepared by award-winning mixologists
  • Inclusive of a 10% service charge

*Seating will be assigned on site

Cabana VIP Experience for 8

8 pax – MOP18,888 (Early Bird: MOP 15,110)

Inclusive of:

  • Exclusive use of a private Cabana on the pool deck
  • Elemental signature delicacies prepared by acclaimed award-winning chefs
  • Choice of 3 welcome cocktails or mocktails per person, prepared by award-winning mixologists
  • Inclusive of a 10% service charge
Ticketing www.galaxyticketing.com

Bulk Purchase Offer
20-50 tickets 15% discount on tickets & wine package
51-100 tickets 20% discount on tickets & wine package
From 101 tickets 25% discount on tickets & wine package
*Bulk ticketing offers are exempt from the Early-bird Discount

Hashtag: #GalaxyMacau

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

GALAXY MACAU INTEGRATED RESORT

Galaxy Macau, world-class luxury integrated resort, delivers the “Most Spectacular Entertainment and Leisure Destination in the World”. Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meter of unique entertainment and leisure attractions that are unlike anything else in Macau. Nine award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau, Andaz Macau, and Capella at Galaxy Macau. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575 metres, the largest Skytop Wave Pool with waves up to 1.5-metre high and 150-metre pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz- Carlton Spa, Macau help guests relax and rejuvenate.

As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies; Galaxy Promenade is the hottest shopping destination featuring the latest in fashion and curated experiences in Macau. Spanning over 100,000-square-meter, luxury flagship stores, lifestyle boutiques and our selection of labels are among the more than 200 world-renowned brands for a world-class shopping journey; Galaxy Cinemas, immersive thrills and luxurious comfort go hand in hand at Galaxy Cinemas. All 10 theatres are equipped with the latest audio-visual technology; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai’s golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavours & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavours at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events. Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff.

Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world- class event venue featuring 40,000-square-meter of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau.

For more details, please visit and .

UME LIFE Introduces Its Proprietary LLM-Powered AI Super-Agent Platform

The six-in-one ecosystem connects AI Social, AI Search, AI Content, AI Feed, AI Game and AI Payment

SINGAPORE, Sept. 15, 2026 /PRNewswire/ — UME LIFE has introduced its vision for a proprietary LLM-powered AI Super-Agent Platform designed to connect communication, search, content, personalized information, entertainment and transactions within one integrated consumer ecosystem.

As people increasingly use separate applications to search for information, communicate, consume content, play games and complete transactions, UME LIFE aims to reduce unnecessary switching between services. Its platform is structured around six connected modules: AI Social, AI Search, AI Content, AI Feed, AI Game and AI Payment.

Built around a proprietary, life-scenario-focused multimodal large language model, UME LIFE is designed to understand user intent, organize relevant information and coordinate actions across everyday scenarios. Rather than functioning only as a question-and-answer tool, the AI Super-Agent is intended to help users move from identifying a need to taking an appropriate next step.

The six modules serve different roles within the UME LIFE ecosystem:

  • AI Social supports AI-assisted communication and relationship management.
  • AI Search focuses on intent understanding, information filtering and actionable results.
  • AI Content provides real-time information and concise AI-generated summaries.
  • AI Feed supports personalized content discovery and simplified content sharing.
  • AI Game combines intelligent companionship, game discovery and player guidance.
  • AI Payment is designed to support user-authorized transactions within relevant service journeys.

Headquartered in Singapore, UME LIFE also has research and development operations in Shenzhen, China and an office in Hong Kong SAR. The company’s team brings experience across artificial intelligence, consumer internet services, gaming, financial technology and international operations.

For more information, visit https://www.ume.life/.

About UME LIFE

UME LIFE is a Singapore-headquartered technology company developing a proprietary LLM-powered AI Super-Agent Platform. Its six-in-one ecosystem comprises AI Social, AI Search, AI Content, AI Feed, AI Game and AI Payment.

Media Contact
UME LIFE
Email: Contact@ume.life
Website: https://www.ume.life/

Surge Announces 99.95% Battery-Grade Lithium Carbonate from Nevada North

Demonstrates a Complete Ore-to-Battery-Grade Flowsheet Ahead of Prefeasibility Study

West Vancouver, British Columbia – Newsfile Corp. – September 15, 2026 – Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (the “Company” or “Surge“) is pleased to announce that Nevada North Lithium, LLC (“NNL“), the joint venture formed by Surge and Evolution Mining Limited, refined lithium carbonate produced from NNL ore to a battery-grade product reported at 99.95% Li2CO3.

Kemetco Research Inc. (“Kemetco”) produced a crude lithium carbonate assaying 99% Li2CO3 directly from the NNLP Master Composite through beneficiation, sulfuric acid leaching, solution purification and carbonate precipitation, as part of the metallurgical program supporting the Project’s prefeasibility study (“PFS”). A portion of that carbonate was then refined by Chemshift Technologies Inc. of Calgary, Alberta, to a battery-grade product reported at 99.95% Li2CO3. Together the two programs demonstrate a continuous flowsheet from run-of-mine ore to a refined battery-grade product using conventional unit operations, reducing technical risk as the Project advances toward completion of the PFS.

Highlights

  • Battery-grade product achieved. Crude lithium carbonate produced from Nevada North clays was refined to a product reported at 99.95% Li2CO3.
  • Complete flowsheet demonstrated. Kemetco produced a 99% Li2CO3 product directly from the NNLP Master Composite through beneficiation, leaching, impurity removal and carbonate precipitation. The subsequent refining step on the same material demonstrated that battery-grade material can be produced from Project clays using conventional unit operations.
  • Strong lithium extraction. Sulfuric acid leaching of beneficiated Project material achieved lithium extractions exceeding 93% at an acid addition of 475 kg/t of beneficiated feed, increasing to approximately 98% at a higher acid addition. Leach kinetics were rapid, with leaching complete within one hour of reaching the 90°C target temperature.
  • Effective beneficiation. Mild attrition followed by screening recovered 98.9% of the lithium into the fine (-20 µm) fraction while rejecting approximately 75% of the acid-consuming carbonate, confirming the material’s amenability to beneficiation ahead of the leach circuit.

Mr. Greg Reimer, President, Chief Executive Officer and Director of Surge, commented, “Producing battery-grade lithium carbonate from Nevada North ore is a significant step for the Project. We have now demonstrated the full chain – from sedimentary clay in the ground, through a conventional leach and purification circuit, to a refined product that meets battery-grade specifications. That outcome supports the flowsheet our engineers have been developing through the prefeasibility study. Our focus now turns to pilot-scale work, where we will test recovery, consistency, reagent consumption and energy performance under continuous operating conditions.”

The Company also announces it has entered into a marketing services agreement dated September 14, 2026 (the “Agreement”) with Outside The Box Capital Inc. (“OTBC”), an Ontario-based marketing firm with an office at 2202 Green Orchard Place, Oakville, Ontario. OTBC will assist the Company with marketing strategy, social-media engagement, the distribution of Company-approved information through online platforms and the production of influencer, question-and-answer and corporate-highlight videos. The engagement commenced on September 14, 2026 and has a term of 12 months, divided into two six-month periods. Either party may terminate the Agreement during the initial six-month period upon 30 days’ notice, and if the Agreement is not terminated in the initial six-month period, then the Agreement will continue for the subsequent six-month period. The Company will pay OTBC US$250,000 plus applicable taxes for each six-month period (aggregate cash payments of US$500,000 for the full 12-month term of the Agreement), with the payments funded from the Company’s working capital. Subject to the approval of the TSX Venture Exchange and the Company’s equity incentive plan, The Company has also granted OTBC 700,000 stock options, each exercisable at C$1.02 per common share for a period of 5 years. The options will vest in equal quarterly instalments over 12 months in accordance with applicable TSX Venture Exchange requirements, and any unvested options will be cancelled if the Agreement is terminated for any reason. OTBC is owned and controlled by Jason Coles, is arm’s length to the Company and, together with its principals, does not currently own any securities of the Company other than the options described above and has no other present right or intention to acquire an interest in the Company. The Agreement remains subject to the approval of the TSX Venture Exchange.

The Company wishes to correct its news releases dated July 8, 2026, and September 10, 2026, which stated that stock options were granted to certain directors, officers and consultants of the Company. The options were granted solely to consultants of the Company, and no options were granted to any directors or officers. All other terms of the option grants and the previous news releases remain unchanged.

Qualified Person as Defined Under National Instrument 43-101

Alan J. Morris, MSc, CPG of Spring Creek, Nevada, Geological Advisor to the Company, and a Qualified Person as defined under National Instrument 43-101, has reviewed and approved the technical aspects of this news release. Mr. Morris has relied on the reports and data provided by Kemetco and Chemshift with respect to the metallurgical and analytical results disclosed.

About Surge Battery Metals Inc.
Surge Battery Metals Inc., a mineral exploration company at the forefront of securing the supply of domestic lithium through its active engagement in the Nevada North Lithium Project. The project focuses on exploring clean, high-grade lithium energy metals in Nevada, USA, a crucial element for powering electric vehicles. With a primary listing on the TSX Venture Exchange and the OTCQX Market in the US, Surge Battery Metals Inc. is strategically positioned as a key player in advancing lithium exploration.

About Evolution Mining Limited
Evolution Mining is a leading, globally relevant gold miner. Evolution operates six mines, comprising five wholly-owned mines – Cowal in New South Wales, Ernest Henry and Mt Rawdon in Queensland, Mungari in Western Australia, and Red Lake in Ontario, Canada, and an 80% share in Northparkes in New South Wales.

About Nevada North Lithium, LLC
Nevada North Lithium, LLC, jointly owned by Surge Battery Metals Inc (67.5%) and Evolution Mining Limited (32.5%), owns the Nevada North Lithium Project southeast of Jackpot, Nevada about 73 km north-northeast of Wells, Elko County. The first four rounds of drilling at the project identified a strongly mineralized zone of lithium bearing clays occupying a strike length of more than 4,700 meters and a known width of greater than 2,000 meters. The Project’s updated Mineral Resource Estimate, filed June 30, 2026, reports a pit-constrained Measured & Indicated Resource containing an estimated 10.51 Mt of Lithium Carbonate Equivalent (LCE) grading 3,007 ppm Li at a 1,250-ppm cutoff. As disclosed in the Company’s Preliminary Economic Assessment dated May 19, 2025 (PEA), which is preliminary in nature and includes Inferred Resources considered too speculative geologically to have economic considerations applied that would enable them to be categorized as Mineral Reserves, the Nevada North Lithium Project reported an after-tax NPV8% US $9.17 Billion and after-tax IRR of 22.8% at $24,000/t LCE and an OPEX of US $5,243/t LCE.

On behalf of the Board of Directors
“Greg Reimer”

Greg Reimer,
Director, President & CEO

Contact Information
Email: info@surgebatterymetals.com
Phone: 604-662-8184
Website: surgebatterymetals.com

Keep up-to-date with Surge Battery Metals: Twitter, Facebook, LinkedIn, Instagram, and YouTube.

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.

Forward-Looking Statements
This document may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan” or “planned”, “possible”, “potential”, “forecast”, “intend”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities including lithium, the accuracy of mineral or resource exploration activity, reserves or resources, the accuracy of cash flow forecasts, projected capital and operating costs, metal processing recoveries, metallurgical test results and their applicability at pilot, demonstration or commercial scale, mine life, production rates, regulatory or government requirements or approvals including approvals of title and mining rights or licenses and environmental, local community or indigenous community approvals, the reliability of third party information, continued access to mineral properties or infrastructure or water, changes in laws, rules and regulations including in the United States, Nevada or California or any other jurisdiction which may impact upon the Company or its properties or the commercial exploitation of those properties, currency risks including the exchange rate of USD$ for Cdn$ or other currencies, fluctuations in the market for lithium related products, changes in exploration costs and government royalties, export policies or taxes in the United States or any other jurisdiction, and other factors or information.

Forward-looking statements in this news release also include statements regarding the characterization of the lithium carbonate product as battery grade and its suitability for customer qualification, the ability to reproduce the metallurgical results described herein at larger scale, the timing, scope and results of the planned pilot-scale program, the timing and outcome of the prefeasibility study, and the development of the Project generally. Metallurgical test results described in this news release were obtained at bench and small scale on limited sample quantities and may not be representative of results achievable at pilot, demonstration or commercial scale. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, environmental (including endangered species, habitat preservation and water-related risks) and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules, and regulations.

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

CLP Power Hosts AESIEAP CEO Conference 2026 in Hong Kong

Regional Energy Leaders Gather to Drive Collaboration for a Sustainable Energy Future

HONG KONG, Sept. 15, 2026 /PRNewswire/ — CLP Power Hong Kong Limited (CLP Power) hosted the Association of the Electricity Supply Industry of East Asia and the Western Pacific (AESIEAP) CEO Conference 2026 in Hong Kong from 14 – 16 September, bringing together over 200 leaders from the power and energy sector, government officials, policymakers, technology companies, research institutions and industry partners from across the region. The three-day Conference featured plenary sessions, roundtable discussions, business matching sessions and technical visits.

The Secretary for Environment and Ecology Mr Tse Chin-wan (sixth left) delivers welcome remarks at the welcome reception of the AESIEAP CEO Conference on 14 September, and officiates at the toasting ceremony together with AESIEAP President and CLP Power Managing Director Mr Joseph Law (sixth right), as well as AESIEAP Council Members.
The Secretary for Environment and Ecology Mr Tse Chin-wan (sixth left) delivers welcome remarks at the welcome reception of the AESIEAP CEO Conference on 14 September, and officiates at the toasting ceremony together with AESIEAP President and CLP Power Managing Director Mr Joseph Law (sixth right), as well as AESIEAP Council Members.

Under the theme “Transforming Energy with Intelligence”, the Conference provided a platform to discuss how the industry can respond to rising electricity demand, climate challenges and increasingly complex power systems, while strengthening energy system resilience, accelerating smart energy development and advancing a reliable, affordable and low-carbon energy future.

As CLP Power assumes the AESIEAP presidency for the 2026–2027 term, it aims to accelerate the Asia-Pacific region’s energy transition through four priorities: fostering high-level multilateral dialogue, promoting technology and knowledge sharing, advancing regional decarbonisation, and unlocking new opportunities for business collaboration.

The Financial Secretary of the Hong Kong Special Administrative Region, the Honourable Paul Chan Mo-po (third right), AESIEAP President and CLP Power Managing Director Mr Joseph Law (third left), the Director of Division of Department of Economic and Financial Affairs I of the Liaison Office of the Central People’s Government (LOCPG) in the Hong Kong Special Administrative Region Ms Yu Jin (second left), CLP Holdings Chief Executive Officer Mr T.K. Chiang (second right), AESIEAP Immediate Past President and Group CEO of SP Group Mr Stanley Huang (first left) and AESIEAP Vice President (Delegate) and Executive Vice President of Transmission for Sumatera, Java, Madura, and Bali of PT PLN (Persero) Mr Tejo Wihardiyono (first right) officiate at the kick-off ceremony of AESIEAP CEO Conference 2026 on 15 September.
The Financial Secretary of the Hong Kong Special Administrative Region, the Honourable Paul Chan Mo-po (third right), AESIEAP President and CLP Power Managing Director Mr Joseph Law (third left), the Director of Division of Department of Economic and Financial Affairs I of the Liaison Office of the Central People’s Government (LOCPG) in the Hong Kong Special Administrative Region Ms Yu Jin (second left), CLP Holdings Chief Executive Officer Mr T.K. Chiang (second right), AESIEAP Immediate Past President and Group CEO of SP Group Mr Stanley Huang (first left) and AESIEAP Vice President (Delegate) and Executive Vice President of Transmission for Sumatera, Java, Madura, and Bali of PT PLN (Persero) Mr Tejo Wihardiyono (first right) officiate at the kick-off ceremony of AESIEAP CEO Conference 2026 on 15 September.

(From left) Mr Nicholas Ho Lik-chi, Commissioner for Belt and Road, Belt and Road Office, Commerce and Economic Development Bureau; Mr Poon Kwok-ying, Director of Electrical and Mechanical Services; Hon Judy Chan Ka-pui, Legislative Council Member; AESIEAP Immediate Past President and Group CEO of SP Group Mr Stanley Huang; the Director of Division of Department of Economic and Financial Affairs I of the Liaison Office of the Central People’s Government (LOCPG) in the Hong Kong Special Administrative Region Ms Yu Jin; AESIEAP President and CLP Power Managing Director Mr Joseph Law; the Financial Secretary of the Hong Kong Special Administrative Region, the Honourable Paul Chan Mo-po; CLP Holdings Chief Executive Officer Mr T.K. Chiang; Executive Vice President of Transmission for Sumatera, Java, Madura, and Bali of PT PLN (Persero) Mr Tejo Wihardiyono; Hon Chan Siu-hung, Legislative Council Member; and Hon Jonathan Stuart Lamport, Legislative Council Member took a group photo at AESIEAP CEO Conference 2026.
(From left) Mr Nicholas Ho Lik-chi, Commissioner for Belt and Road, Belt and Road Office, Commerce and Economic Development Bureau; Mr Poon Kwok-ying, Director of Electrical and Mechanical Services; Hon Judy Chan Ka-pui, Legislative Council Member; AESIEAP Immediate Past President and Group CEO of SP Group Mr Stanley Huang; the Director of Division of Department of Economic and Financial Affairs I of the Liaison Office of the Central People’s Government (LOCPG) in the Hong Kong Special Administrative Region Ms Yu Jin; AESIEAP President and CLP Power Managing Director Mr Joseph Law; the Financial Secretary of the Hong Kong Special Administrative Region, the Honourable Paul Chan Mo-po; CLP Holdings Chief Executive Officer Mr T.K. Chiang; Executive Vice President of Transmission for Sumatera, Java, Madura, and Bali of PT PLN (Persero) Mr Tejo Wihardiyono; Hon Chan Siu-hung, Legislative Council Member; and Hon Jonathan Stuart Lamport, Legislative Council Member took a group photo at AESIEAP CEO Conference 2026.

AESIEAP President and CLP Power Managing Director Mr Joseph Law said, “The next phase of the energy transition will not be delivered by infrastructure alone, nor by technology alone. It will require intelligence in the technologies we deploy, the grids we operate, the decarbonisation choices we make and the partnerships that carry innovation from pilot projects to system-wide impact. Through the AESIEAP CEO Conference 2026, we hope to work with our regional partners to build a more resilient energy future, power a new era of smart energy and shape an open and collaborative energy ecosystem, translating regional collaboration into progress at the speed and scale required.”

AESIEAP President and CLP Power Managing Director Mr Joseph Law says CLP Power hopes to work with regional partners to build a more resilient energy future, power a new era of smart energy and shape an open and collaborative energy ecosystem through the AESIEAP CEO Conference 2026.
AESIEAP President and CLP Power Managing Director Mr Joseph Law says CLP Power hopes to work with regional partners to build a more resilient energy future, power a new era of smart energy and shape an open and collaborative energy ecosystem through the AESIEAP CEO Conference 2026.

The Financial Secretary of the Hong Kong Special Administrative Region, the Honourable Paul Chan Mo-po, officiated at the conference as the Guest of Honour. He said, “over the next two to three decades, Asia will play an increasingly important role in global development. As our economies expand, electrification gathers pace and AI becomes more widely used, our energy needs will continue to grow. Hong Kong is determined to play our part as the ‘super connector’ and ‘super value-adder’ by deepening collaboration across borders and sectors, making green standards work better across markets, and strengthening regional energy co-operation. Together, we can provide the power our economies need and build a cleaner, more secure future for the generations to follow.”

CLP Holdings Chief Executive Officer Mr T.K. Chiang remarked, “This year’s AESIEAP CEO Conference comes at an important time for the power industry. As the energy transition is entering a more demanding phase, intelligence must be more than an aspiration. It must become an operating capability: the way we plan, invest, manage our systems and serve our customers. This is where intelligence becomes indispensable – bringing these together for a cleaner, more resilient and more sustainable future.”

World Energy Council Chair, Asia and Sembcorp Industries Group President & CEO Mr Wong Kim Yin highlighted in his keynote speech that, “Intelligence is not only changing how energy is consumed. It is also changing where demand is growing, how we operate energy systems, and what infrastructure will be required. Our task is to harness intelligence to operate better, and to build the reliable power capacity digital growth requires.”

Established in 1975, AESIEAP is a non-governmental organisation dedicated to promoting exchanges and cooperation in the Asia-Pacific power industry. Its members come from countries and regions including China, Indonesia, Korea, Malaysia, the Philippines, Singapore and Thailand. As a founding member of AESIEAP, CLP has long been committed to driving knowledge sharing and regional collaboration across the Association. Hong Kong hosted AESIEAP events in 1975, 1977 and 1991, and this year marks the fourth time the city has welcomed the Association’s flagship gathering. Building on the momentum of the CEO Conference 2026, Hong Kong will host another major AESIEAP event, the Conference of the Electric Power Supply Industry (CEPSI) 2027, next year, providing a broader platform for the region’s energy community to deepen exchanges and collaboration.

LINDBLAD EXPEDITIONS HOLDINGS, INC. EXPANDS PORTFOLIO WITH THE ACQUISITION OF WHITE DESERT ANTARCTICA AND ECHO CHARLIE TO CREATE A LEADING FORCE IN EXPERIENTIAL TRAVEL

This acquisition unlocks an extraordinary new era of exploration across air, land and sea

NEW YORK, Sept. 15, 2026 /PRNewswire/ — Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND), a global adventure travel company offering immersive, educational expeditions to over 100 destinations across all seven continents, today announced it has acquired a majority ownership of White Desert, the pioneering luxury Antarctic company and Echo Charlie, a new aviation travel brand providing specialized access to unique destinations worldwide.

Established in 2005 by record-breaking polar explorer, Patrick Woodhead, White Desert flies clients into the remote interior of Antarctica, blending logistical precision with a level of comfort previously unheard of on the ice. Billed as the ultimate bucket-list adventure, their itineraries include a journey to the Geographic South Pole and a visit to an Emperor penguin colony of over 20,000 birds.

“While this is the largest transaction in the history of the company, it is much more than a business deal—it is a powerful partnership between two businesses that have spent decades pushing the boundaries of what experiential travel can be,” said Natalya Leahy, Chief Executive Officer of Lindblad Expeditions Holdings, Inc.

This strategic acquisition marks the beginning of an exciting new chapter in Antarctic travel. Leveraging their shared expertise, Lindblad Expeditions and White Desert see significant opportunities to expand White Desert’s extraordinary offering—with the development of camps and guest experiences and bolstering their logistical capabilities.

“Having spent the last 20 years pioneering tourism in the interior, we are privileged to join forces with people who did exactly the same thing, only 40 years earlier on the coastline of Antarctica. With a shared ethos for small-scale, responsible travel, we are thrilled for what lies ahead,” said Patrick Woodhead, Founder and Chairman of White Desert.

Through their global platform and expertise, Lindblad Expeditions will also support the development and growth of a brand-new offering – Echo Charlie. Inspired by the golden age of aviation aboard a fully restored DC-3 (an aircraft that can land on remote airstrips without the hassle of commercial airports), this new offering fuses real life adventure with the seamless connection of highly diverse landscapes.

“Taking our aviation expertise beyond Antarctica, Echo Charlie’s collection of itineraries explores the far reaches of the globe, from Colombia to Patagonia, the Faroe Islands to Greenland. This is genuine adventure, made safe and accessible—the only question is where we go next,” said Woodhead.  

“Echo Charlie delivers on what most of us only read about in childhood stories—flying to hidden places, uncovering the secrets of ancient cultures, and experiencing the breathtakingly diverse landscapes,” said Leahy. “By combining Patrick’s aviation expertise with our global platform and deep shared spirit of innovation, we are about to enter a new chapter entirely—more awe-inspiring experiences to more guests in more places on this planet.”

Patrick Woodhead will serve as Chairman of White Desert and CEO of Echo Charlie, while also joining Lindblad Expeditions as Strategic Innovation Advisor. His expertise in aviation and exploration will help inform future innovation, responsible growth and new guest experiences across the Lindblad portfolio.

Like other companies that have joined the Lindblad family, White Desert and Echo Charlie will continue to operate as a stand-alone offering, preserving their founder-led vision and distinctive culture, while benefiting from the reach, capabilities and resources of Lindblad Expeditions.

“Over the last decade, our ambition has been to build a global platform of exceptional experiential travel brands, fueled by expertise, passion and innovation, and led by iconic founders,” said Mark Ein, Co-Chair of the Board. “The acquisition of White Desert and Echo Charlie now adds an extraordinary set of pinnacle journeys to our guests”.

Transaction Details
Lindblad Expeditions acquired a majority stake of 60% in White Desert and Echo Charlie for an aggregate cash purchase price of approximately $61 million, plus approximately $6 million for cash on the balance sheet and subject to customary true-up adjustments for working capital, cash and indebtedness. This investment advances Lindblad Expeditions’ strategy of building a diversified portfolio of differentiated adventure travel experiences. Baird served as exclusive financial advisor to White Desert and Echo Charlie in the transaction.

Updated Guidance
Lindblad Expeditions also raises its full-year 2026 revenue, net yield, and Adjusted EBITDA guidance to reflect the acquisitions of White Desert and Echo Charlie, as well as continued strong performance across the business.

“Our updated guidance reflects both an exciting new chapter for our company with the addition of White Desert and Echo Charlie to our global platform of experiential travel brands and, importantly, the continued strong momentum of our underlying business as well as the strength of our business model,” said Natalya Leahy, Chief Executive Officer of Lindblad Expeditions.

The Company’s current expectations for the full year 2026 are as follows:

  • Tour revenues of $850 – $880 million
  • Net Yield per Available Guest Night of 5.5% – 6.5%
  • Adjusted EBITDA of $140 – $148 million

Reconciliation of 2026 Adjusted EBITDA Guidance

(In millions)

Full Year 2026

Income before income taxes

$

4

to

$

27

Depreciation and amortization

76

to

71

Interest expense, net

43

to

41

Stock-based compensation

11

to

8

Other

6

to

1

Adjusted EBITDA

$

140

to

$

148

A reconciliation of net income to Adjusted EBITDA is not provided because the Company cannot estimate or predict with reasonable certainty certain discrete tax items, which could significantly impact that financial measure.

About Lindblad Expeditions Holdings, Inc.
Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND; the “Company”) is a leader in global expedition travel, offering immersive, educational journeys that span all seven continents through its eight pioneering brands. Driven by a passion for the planet and the belief that there is always more to be discovered, the Company leads travelers to the farthest reaches of the world with an expansive portfolio of air, land and sea-based expeditions. In collaboration with National Geographic, Lindblad Expeditions operates and sells the National Geographic-Lindblad Expeditions co-brand, which offers ship-based voyages that allow guests to explore remote destinations alongside scientists and naturalists, and with state-of-the-art exploration tools. In addition to its renowned modern expedition cruises, the Company’s award-winning land-based brands—Natural Habitat Adventures, Off the Beaten Path, DuVine Cycling + Adventure Co., Classic Journeys, Wineland-Thomson Adventures, White Desert and Echo Charlie—provide extraordinary wildlife, cultural, and adventure-focused experiences. Together, these brands connect travelers with some of the planet’s most inspiring natural and cultural landscapes, fostering a deep appreciation for the world. To learn more about Lindblad Expeditions Holdings, Inc., its growing portfolio of brands, and the Company’s commitment to responsible exploration, visit investors.expeditions.com

About White Desert
White Desert was founded in 2005 by record-breaking polar explorer Patrick Woodhead to make the interior of Antarctica accessible to guests from around the world. Today, the company employs over 150 staff representing 18 different nationalities and continues to lead the industry in aviation, safety, and sustainable luxury travel. For more information, visit white-desert.com

About Echo Charlie
Echo Charlie runs luxury adventure journeys aboard a fully-refurbished vintage DC-3, carrying 12 guests at a time into some of the world’s least-reached regions. Its journeys connect remote landscapes and cultures in a single arc, pairing real adventure with laidback comfort. It offers rare access, the assurance of safety, and moments of genuine awe that restore a sense of wonder at the world. For more information, visit echo-charlie.com

Non-GAAP Financial Measures
The Company uses a variety of operational and financial metrics, including non-GAAP financial measures such as Adjusted EBITDA, Occupancy, Net Yields and Net Cruise Costs, to enable it to analyze its performance and financial condition. The Company utilizes these financial measures to manage its business on a day-to-day basis and believes that they are the most relevant measures of performance. Some of these measures are commonly used in the cruise and tourism industry to evaluate performance. The Company believes these non-GAAP measures provide expanded insight to assess revenue and cost performance, in addition to the standard GAAP-based financial measures. There are no specific rules or regulations for determining non-GAAP measures, and as such, they may not be comparable to measures used by other companies within the industry.

The presentation of non-GAAP financial information should not be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. The definitions of non-GAAP financial measures along with a reconciliation of non-GAAP financial information to GAAP are included in the supplemental financial schedules.

Forward Looking Statements
Certain matters discussed in this press release are “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, the Company’s expectations regarding the expected benefits of the transaction with White Desert and Echo Charlie and the Company’s updated financial guidance and may also generally be identified as such because the context of such statements will include words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would” or words of similar import. Similarly, statements that describe the Company’s financial guidance or future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties that could cause results to differ materially from those expected. It is not possible to predict or identify all such risks. There may be additional risks that we consider immaterial or which are unknown. These factors include, but are not limited to, the following: (i) adverse general economic and/or geopolitical factors that negatively impact the ability or desire of people to travel; (ii) loss of business due to competition; (iii) unscheduled disruptions in our business due to travel restrictions, weather events, mechanical failures, crew or guest illness such as gastrointestinal, pandemics, geopolitical issues or other events; (iv) increases in fuel prices, changes in fuel consumed and availability of fuel supply in the geographies in which we operate or in general; (v) the loss of key employees, our inability to recruit or retain qualified shoreside and shipboard employees and increased labor costs; (vi) the impact of delays or cost overruns with respect to anticipated or unanticipated drydock, maintenance, modifications or other required construction related to any of our vessels; (vii) management of our growth and our ability to execute our planned growth, including our ability to successfully integrate any future acquisitions; (viii) our ability to maintain our relationships with National Geographic and/or World Wildlife Fund; (ix) compliance with new and existing laws and regulations, including environmental regulations and travel advisories and restrictions; (x) our substantial indebtedness and our ability to remain in compliance with the financial and/or operating covenants in such arrangements; (xi) the impact of material litigation, enforcement actions, claims, fines or penalties on our business; (xii) the impact of severe or unusual weather conditions, including climate change, on our business; (xiii) adverse publicity regarding the travel and cruise industry in general, the safety of travel, or passenger and crew illnesses such as gastrointestinal illness or other health issues; (xiv) the result of future financing efforts; and (xv) those risks described in the Company’s filings with the SEC. Stockholders, 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. The forward-looking statements made herein are made only as of the date of this press release, and the Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. More detailed information about factors that may affect the Company’s performance may be found in its filings with the SEC, which are available at http://www.sec.gov or at http://www.expeditions.com in the Investor Relations section of the Company’s website.

51Talk Online Education Group Announces Second Quarter 2026 Results

SINGAPORE, Sept. 15, 2026 /PRNewswire/ — 51Talk Online Education Group (“51Talk” or the “Company”) (NYSE American: COE), a global online education platform with core expertise in English education, announced its unaudited results for the second quarter ended June 30, 2026.

Second Quarter 2026 Financial and Operating Highlights

  • Gross billings[1] for the second quarter of 2026 were US$39.3 million, a 38.1% growth from US$28.5 million for the second quarter of 2025.
  • Net revenues were US$32.4 million for the second quarter of 2026, a 58.8% increase from US$20.4 million for the second quarter of 2025.
  • The number of active students with attended lesson consumption was approximately 138,100 in the second quarter of 2026, representing a 51.3% increase from approximately 91,300 for the second quarter of 2025.
  • Operating cash inflow for the second quarter of 2026 was US$4.9 million.

Key Financial and Operating Data

For the three months ended

Jun. 30,

Jun. 30,

Period-to-Period

2025

2026

Change

Net Revenues (in US$ millions)

20.4

32.4

58.8 %

Gross Margin

74.5 %

73.9 %

-0.6ppt

Gross Billings (in US$ millions)

28.5

39.3

38.1 %

Active students with attended lesson consumption[2] (in thousands)

91.3

138.1

51.3 %

“Gross billings for the second quarter reached US$39.3 million, once again exceeding the high end of our guidance announced in June 2026 and representing growth of 38.1% year-over-year. Demand across our key markets remains robust. We generated US$4.9 million of net operating cash inflow during the quarter,” stated Jack Jiajia Huang, Founder, Chairman, and Chief Executive Officer of 51Talk.

“On July 1, we launched our next-generation learning product, Global Communicator, built with our strategic partner Oxford University Press. The world students learn in, the characters they meet, and the lessons themselves are all generated end-to-end by our AI-powered content production platform. The same platform will power new regions, new languages, and new subjects — it is the foundation for what we build next.

“Our priority for the remainder of 2026 is to sustain healthy growth by building on last year’s success. Following an exceptionally strong third quarter of 2025, we are investing more efficiently in the third quarter of 2026, moving us toward profitability and long-term shareholder value,” Jack Jiajia Huang concluded.

Second Quarter 2026 Financial Results

Net Revenues and Gross Margin

Net revenues for the second quarter of 2026 were US$32.4 million, representing a 58.8% increase from US$20.4 million for the same quarter last year. The number of active students with attended lesson consumption was approximately 138,100 in the second quarter of 2026, representing a 51.3% increase from approximately 91,300 for the same quarter last year.

Cost of revenues for the second quarter of 2026 was US$8.5 million, representing a 62.5% increase from US$5.2 million for the same quarter last year. The increase was primarily due to the increase in total service fees paid to teachers, mainly resulting from an increased number of paid lessons, as well as higher payment processing fees associated with the expansion of payment channels.

Gross profit for the second quarter of 2026 was US$23.9 million, representing a 57.5% increase from US$15.2 million for the same quarter last year.

Gross margin for the second quarter of 2026 was 73.9%, compared with 74.5% for the same quarter last year.

Operating Expenses

Total operating expenses for the second quarter of 2026 were US$26.0 million, representing a 41.8% increase from US$18.4 million for the same quarter last year. The increase was mainly due to the increase in sales and marketing expenses.

Sales and marketing expenses for the second quarter of 2026 were US$19.3 million, representing a 48.8% increase from US$13.0 million for the same quarter last year. The increase was primarily attributable to higher sales personnel costs driven by headcount growth in the sales and marketing team, as well as increased marketing and branding expenses from intensified promotional activities. Excluding share-based compensation expenses, non-GAAP sales and marketing expenses for the second quarter of 2026 were US$19.2 million, representing a 49.2% increase from US$12.9 million for the same quarter last year.

Product development expenses for the second quarter of 2026 were US$2.4 million, compared with  US$1.2 million for the same quarter last year. Excluding share-based compensation expenses, non-GAAP product development expenses for the second quarter of 2026 were US$2.4 million, compared with US$1.2 million for the same quarter last year.

General and administrative expenses for the second quarter of 2026 were US$4.3 million, representing a 3.5% increase from US$4.1 million for the same quarter last year. Excluding share-based compensation expenses, non-GAAP general and administrative expenses for the second quarter of 2026 were US$3.94 million, representing a 1.1% increase from US$3.90 million for the same quarter last year.

Loss from Operations

Operating loss for the second quarter of 2026 was US$2.1 million, compared with operating loss of US$3.2 million for the same quarter last year.

Non-GAAP operating loss for the second quarter of 2026 was US$1.6 million, compared with non-GAAP operating loss of US$2.8 million for the same quarter last year.

Net Loss Attributable to the Company’s Ordinary Shareholders

Net loss attributable to the Company’s ordinary shareholders for the second quarter of 2026 was US$3.1 million, compared with net loss of US$3.5 million for the same quarter last year.

Excluding share-based compensation expenses of US$0.5 million, non-GAAP net loss attributable to the Company’s ordinary shareholders for the second quarter of 2026 was US$2.6 million, compared with non-GAAP net loss of US$3.1 million for the same quarter last year.

Basic and diluted net loss per share attributable to ordinary shareholders for the second quarter of 2026 was US$0.01, compared with basic and diluted net loss per share of US$0.01 for the same quarter last year.

Excluding share-based compensation expenses of US$0.5 million, non-GAAP basic and diluted net loss per share attributable to ordinary shareholders for the second quarter of 2026 was US$0.01, compared with non-GAAP basic and diluted net loss per share attributable to ordinary shareholders of US$0.01 for the same quarter last year.

Basic and diluted net loss per American depositary share (“ADS”) attributable to ordinary shareholders for the second quarter of 2026 was US$0.51, compared with basic and diluted net loss per ADS of US$0.59 for the same quarter last year. Each ADS represents 60 Class A ordinary shares.

Excluding share-based compensation expenses of US$0.5 million, non-GAAP basic and diluted net loss per ADS attributable to ordinary shareholders for the second quarter of 2026 was US$0.43, compared with non-GAAP basic and diluted net loss per ADS attributable to ordinary shareholders of US$0.53 for the same quarter last year.

Balance Sheet

As of June 30, 2026, the Company had total cash, cash equivalents and time deposits of US$40.1 million, compared with US$39.0 million as of December 31, 2025.

The Company had advances from students[3] of US$86.7 million as of June 30, 2026, compared with US$76.6 million as of December 31, 2025.

Outlook

For the third quarter of 2026, the Company currently expects net gross billings to be between US$41.0 million and US$43.0 million, which would represent a sequential increase of 4.3% to 9.4% and an increase of approximately 1.3% to 6.3% from the same quarter in 2025.

The above outlook is based on current market conditions and reflects the Company’s current and preliminary estimates of market and operating conditions and customer demand, which are all subject to change.

[1] Gross billings for a specific period, which is one of the Company’s key operating data, is defined as the total amount of cash received and receivable from third party payment platforms for the sale of course packages and services in such period, net of the total amount of refunds in such period. The gross billings data included herein was from the Company’s business system and converted with quarterly corresponding exchange rate, which may lead to differences with bank records.

[2] An “active student with attended lesson consumption” for a given period refers to a student who attended at least one paid lesson, excluding those students who only attended paid live broadcasting lessons or trial lessons.

[3] “Advances from students” is defined as the amount of obligation to transfer goods or service to students or business partners for which consideration has been received from students in advance. The deposits from students are also presented in the total amount of “advances from students.”

Conference Call

The Company’s management will host an earnings conference call at 8:00 AM U.S. Eastern Time on September 15, 2026 (8:00 PM Singapore/Hong Kong time on September 15, 2026).

Dial-in details for the earnings conference call are as follows:

United States (toll free):

1-888-346-8982

International:

1-412-902-4272

Mainland China (toll free):

4001-201203

Hong Kong (toll free):

800-905945

Web phone

click here

Participants should dial-in at least 5 minutes before the scheduled start time and ask to be connected to the call for “51Talk Online Education Group.”

Additionally, a live and archived webcast of the conference call will be available on the Company’s investor relations website at http://ir.51talk.com.

A replay of the conference call will be accessible until September 22, 2026, by dialing the following telephone numbers:

United States (toll free):     

1-855-669-9658

International:

1-412-317-0088

Replay Access Code:

2434410

About 51Talk Online Education Group

51Talk Online Education Group (NYSE American: COE) is a global online education platform with core expertise in English education. The Company’s mission is to make quality education accessible and affordable. The Company’s online and mobile education platforms enable students to take live interactive English lessons on demand. The Company connects its students with highly qualified teachers using a shared economy approach, and employs student and teacher feedback and data analytics to deliver a personalized learning experience to its students.

Use of Non-GAAP Financial Measures

In evaluating its business, 51Talk considers and uses the following measures defined as non-GAAP financial measures by the SEC as supplemental metrics to review and assess its operating performance: non-GAAP sales and marketing expenses, non-GAAP product development expenses, non-GAAP general and administrative expenses, non-GAAP operating expenses, non-GAAP operating income/(loss), non-GAAP net income/(loss), non-GAAP net income/(loss) attributable to ordinary shareholders, and non-GAAP net income/(loss) attributable to ordinary shareholders per share and per ADS. To present each of these non-GAAP measures, the Company excludes share-based compensation expenses. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. For more information on these non-GAAP financial measures, please see the table captioned “Reconciliations of non-GAAP measures to the most comparable GAAP measures” set forth at the end of this press release.

51Talk believes that these non-GAAP financial measures provide meaningful supplemental information regarding its performance by excluding share-based compensation expenses that may not be indicative of its operating performance from a cash perspective. 51Talk believes that both management and investors benefit from these non-GAAP financial measures in assessing its performance and when planning and forecasting future periods. These non-GAAP financial measures also facilitate management’s internal comparisons to 51Talk’s historical performance. 51Talk computes its non-GAAP financial measures using the same consistent method from quarter to quarter and from period to period. 51Talk believes these non-GAAP financial measures are useful to investors in allowing for greater transparency with respect to supplemental information used by management in its financial and operational decision-making. A limitation of using non-GAAP measures is that these non-GAAP measures exclude share-based compensation expenses that have been and will continue to be for the foreseeable future a significant recurring expense in 51Talk’s business. Management compensates for these limitations by providing specific information regarding the GAAP amounts excluded from each non-GAAP measure. The accompanying table at the end of this press release provides more details on the reconciliations between GAAP financial measures that are most directly comparable to non-GAAP financial measures.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will”, “expects”, “anticipates”, “aims”, “future”, “intends”, “plans”, “believes”, “estimates”, “likely to” and similar statements. Among other things, 51Talk’s quotations from management in this announcement, as well as 51Talk’s strategic and operational plans, contain forward-looking statements. 51Talk may also make written or oral forward-looking statements in its periodic reports to the Securities and Exchange Commission (“SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about 51Talk’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: 51Talk’s goals and strategies; 51Talk’s expectations regarding demand for and market acceptance of its brand and platform; 51Talk’s ability to retain and increase its student enrollment; 51Talk’s ability to offer new courses; 51Talk’s ability to engage, train and retain new teachers; 51Talk’s future business development, results of operations and financial condition; 51Talk’s ability to maintain and improve infrastructure necessary to operate its education platform; competition in the online education industry in its international markets; the expected growth of, and trends in, the markets for 51Talk’s course offerings in its international markets; relevant government policies and regulations relating to 51Talk’s corporate structure, business and industry; general economic and business condition in the Philippines, its international markets and elsewhere; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in 51Talk’s filings with the SEC. All information provided in this press release is as of the date of this press release, and 51Talk does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

 

 

51TALK ONLINE EDUCATION GROUP

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands)

 As of

Dec. 31,

Jun. 30,

2025

2026

US$

US$

ASSETS

Current assets

Cash and cash equivalents

38,869

39,978

Time deposits

93

93

Prepaid expenses and other current assets

21,435

24,452

Total current assets

60,397

64,523

Non-current assets

Property and equipment, net

1,998

1,959

Intangible assets, net

68

62

Right-of-use assets

3,211

2,660

Deferred tax assets

77

74

Other non-current assets

341

349

Total non-current assets

5,695

5,104

Total assets

66,092

69,627

LIABILITIES AND SHAREHOLDERS’ DEFICITS

Current liabilities

Advances from students

76,569

86,703

Accrued expenses and other current liabilities

12,464

12,517

Amounts due to related parties

3,333

2,052

Lease liabilities

1,764

1,619

Taxes payable

1,226

1,795

Total current liabilities

95,356

104,686

Non-current liabilities

Lease liabilities

1,177

916

Other non-current liabilities

360

379

Deferred tax liabilities

452

459

Total non-current liabilities

1,989

1,754

Total liabilities

97,345

106,440

Total shareholders’ deficits

(31,357)

(36,942)

Noncontrolling interests

104

129

Total deficits

(31,253)

(36,813)

Total liabilities and shareholders’ deficits

66,092

69,627

 

 

 

51TALK ONLINE EDUCATION GROUP

UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

(In thousands except for number of shares and per share data)

For the three months ended

For the six months ended

Jun. 30,

Mar. 31,

Jun. 30,

Jun. 30,

Jun. 30,

2025

2026

2026

2025

2026

US$

US$

US$

US$

US$

Net revenues

20,398

31,188

32,382

38,645

63,570

Cost of revenues

(5,205)

(8,214)

(8,456)

(9,435)

(16,670)

Gross profit

15,193

22,974

23,926

29,210

46,900

Operating expenses

Sales and marketing expenses

(12,973)

(17,857)

(19,303)

(24,202)

(37,160)

Product development expenses

(1,242)

(1,934)

(2,442)

(2,288)

(4,376)

General and administrative expenses

(4,137)

(4,605)

(4,283)

(7,381)

(8,888)

Total operating expenses

(18,352)

(24,396)

(26,028)

(33,871)

(50,424)

Loss from operations

(3,159)

(1,422)

(2,102)

(4,661)

(3,524)

Interest income

58

134

138

78

272

Other expenses, net

(227)

(547)

(514)

(286)

(1,061)

Loss before income tax expenses

(3,328)

(1,835)

(2,478)

(4,869)

(4,313)

Income tax expenses

(169)

(489)

(584)

(326)

(1,073)

Net loss

(3,497)

(2,324)

(3,062)

(5,195)

(5,386)

Net loss attributable to noncontrolling interests

(13)

(6)

(4)

(32)

(10)

Net loss attributable to the Company’s ordinary shareholders

(3,484)

(2,318)

(3,058)

(5,163)

(5,376)

Weighted average number of ordinary shares used in

computing basic and diluted loss per share

353,922,077

359,982,394

362,215,106

352,764,153

361,093,168

 

 

 

51TALK ONLINE EDUCATION GROUP

UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

(In thousands except for number of shares and per share data)

For the three months ended

For the six months ended

Jun. 30,

Mar. 31,

Jun. 30,

Jun. 30,

Jun. 30,

2025

2026

2026

2025

2026

US$

US$

US$

US$

US$

Net loss per share attributable to ordinary shareholders

Basic and diluted

(0.01)

(0.01)

(0.01)

(0.01)

(0.01)

Net loss per ADS attributable to ordinary shareholders

Basic and diluted

(0.59)

(0.39)

(0.51)

(0.88)

(0.89)

Share-based compensation expenses are included in the operating expenses as follows:          

Sales and marketing expenses

(94)

(99)

(83)

(142)

(182)

Product development expenses

(14)

(49)

(66)

(27)

(115)

General and administrative expenses

(237)

(381)

(342)

(455)

(723)

 

 

 

51TALK ONLINE EDUCATION GROUP

Reconciliation of Non-GAAP Measures to the Most Comparable GAAP Measures

(In thousands except for number of shares and per share data)

For the three months ended

For the six months ended

Jun. 30,

Mar. 31,

Jun. 30,

Jun. 30,

Jun. 30,

2025

2026

2026

2025

2026

US$

US$

US$

US$

US$

Sales and marketing expenses

(12,973)

(17,857)

(19,303)

(24,202)

(37,160)

Less: Share-based compensation expenses

(94)

(99)

(83)

(142)

(182)

Non-GAAP sales and marketing expenses

(12,879)

(17,758)

(19,220)

(24,060)

(36,978)

Product development expenses

(1,242)

(1,934)

(2,442)

(2,288)

(4,376)

Less: Share-based compensation expenses

(14)

(49)

(66)

(27)

(115)

Non-GAAP product development expenses

(1,228)

(1,885)

(2,376)

(2,261)

(4,261)

General and administrative expenses

(4,137)

(4,605)

(4,283)

(7,381)

(8,888)

Less: Share-based compensation expenses

(237)

(381)

(342)

(455)

(723)

Non-GAAP general and administrative expenses

(3,900)

(4,224)

(3,941)

(6,926)

(8,165)

Operating expenses

(18,352)

(24,396)

(26,028)

(33,871)

(50,424)

Less: Share-based compensation expenses

(345)

(529)

(491)

(624)

(1,020)

Non-GAAP operating expenses

(18,007)

(23,867)

(25,537)

(33,247)

(49,404)

Loss from operations

(3,159)

(1,422)

(2,102)

(4,661)

(3,524)

Less: Share-based compensation expenses

(345)

(529)

(491)

(624)

(1,020)

Non-GAAP loss from operations

(2,814)

(893)

(1,611)

(4,037)

(2,504)

 

 

 

51TALK ONLINE EDUCATION GROUP

Reconciliation of Non-GAAP Measures to the Most Comparable GAAP Measures

(In thousands except for number of shares and per share data)

For the three months ended

For the six months ended

Jun. 30,

Mar. 31,

Jun. 30,

Jun. 30,

Jun. 30,

2025

2026

2026

2025

2026

US$

US$

US$

US$

US$

Income tax expenses

(169)

(489)

(584)

(326)

(1,073)

Less: Tax impact of Share-based compensation expenses

–

–

–

–

–

Non-GAAP income tax expenses

(169)

(489)

(584)

(326)

(1,073)

Net loss attributable to the Company’s ordinary shareholders

(3,484)

(2,318)

(3,058)

(5,163)

(5,376)

Less: Share-based compensation expenses

(345)

(529)

(491)

(624)

(1,020)

Non-GAAP net loss attributable to the Company’s ordinary
shareholders

(3,139)

(1,789)

(2,567)

(4,539)

(4,356)

Weighted average number of ordinary shares used in

computing basic and diluted loss per share

353,922,077

359,982,394

362,215,106

352,764,153

361,093,168

Non-GAAP net loss per share attributable to ordinary shareholders

Basic and diluted

(0.01)

(0.00)

(0.01)

(0.01)

(0.01)

Non-GAAP net loss per ADS attributable to ordinary shareholders

Basic and diluted

(0.53)

(0.30)

(0.43)

(0.77)

(0.72)

*The previously reported unaudited quarterly financial information for the relevant periods was restated in the fourth quarter of 2025 to reflect certain immaterial adjustments, primarily related to the refinement of expense recognition cutoffs during the year-end financial reporting process.