TORONTO, Aug. 20, 2025 – Hydro One Limited, Ontario’s largest electricity transmission and distribution company, today announced that its wholly-owned subsidiary, Hydro One Inc. (together with Hydro One Limited, “Hydro One“), has priced an offering of $1.1 billion of Medium Term Notes (the “Notes“) consisting of $450 million aggregate principal amount of 3.94% Medium Term Notes, Series 61, due 2032 (the “Series 61 Notes“), $300 million aggregate principal amount of 4.30% Medium Term Notes, Series 62, due 2035 (the “Series 62 Notes“) and $350 million aggregate principal amount of 4.95% Medium Term Notes, Series 63, due 2055 (the “Series 63 Notes“). The Series 61 Notes will be issued at a price of $99.988 per $100.00 principal amount, the Series 62 Notes will be issued at a price of $99.928 per $100.00 principal amount, and the Series 63 Notes will be issued at a price of $99.907 per $100.00 principal amount. The net proceeds from the issuance of the Notes will be approximately $1.1 billion. The offering of the Notes is expected to close on August 25, 2025.

The offering of Notes represents the issuance of medium term notes pursuant to Hydro One’s Sustainable Financing Framework dated August 13, 2024 (the “2024 Framework“). Hydro One Inc. intends to allocate an amount equal to the net proceeds from the sale of the Notes to finance and/or refinance, in whole or in part, new and/or existing eligible green projects that meet the eligibility criteria described in the 2024 Framework. Prior to such allocation, the net proceeds from the issuance of the Notes may be initially used, in part or in full, for repayment of indebtedness or investments in bank deposits or other cash equivalents, in each case in accordance with Hydro One’s internal liquidity management policies. Although Hydro One Inc. intends to allocate an amount equal to the net proceeds from the sale of the Notes to eligible green projects under the 2024 Framework, it will not be an event of default under the trust indenture governing the Notes if the company fails to do so.

The Notes are being offered on a best-efforts basis in each of the provinces of Canada through a syndicate of agents. Hydro One Inc. has also appointed Cedar Leaf Capital Inc. as an additional agent in respect of the offering of the Notes. The syndicate of agents for this offering of Notes are BMO Nesbitt Burns Inc., National Bank Financial Inc., TD Securities Inc., CIBC World Markets Inc., Scotia Capital Inc., RBC Dominion Securities Inc., Desjardins Securities Inc., Casgrain & Company Limited, Laurentian Bank Securities Inc. and Cedar Leaf Capital Inc.

The Notes are being offered pursuant to a short form base shelf prospectus of Hydro One Inc. dated February 28, 2024. Hydro One Inc. will be filing pricing supplements to the base shelf prospectus relating to the offering of each series of Notes with the securities regulatory authorities in each of the provinces of Canada. The pricing supplements and accompanying base shelf prospectus contain important detailed information about each series of Notes being offered. Copies of the pricing supplements relating to each series of Notes and the accompanying base shelf prospectus relating to each series of Notes may be obtained over the Internet under Hydro One Inc.’s profile at the Canadian Securities Administrators’ website at www.sedarplus.com. Investors should read the pricing supplements and accompanying base shelf prospectus before making an investment decision.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“) or under any securities laws of any State of the United States, and may not be offered or sold in the United States or to, or for the account or benefit of, a “U.S. person” (as defined in Regulation S under the U.S. Securities Act) absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and all applicable state securities laws. The Notes have not been approved or disapproved by any regulatory authority nor has any such authority passed upon the accuracy or adequacy of the short form base shelf prospectus or the pricing supplements.

Hydro One Limited (TSX: H)

Hydro One Limited, through its wholly-owned subsidiaries, is Ontario’s largest electricity transmission and distribution provider with 1.5 million valued customers, $36.7 billion in assets as at December 31, 2024, and annual revenues in 2024 of $8.5 billion.

Our team of 10,100 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2024, Hydro One invested $3.1 billion in its transmission and distribution networks, and supported the economy through buying $2.9 billion of goods and services.

We are committed to the communities where we live and work through community investment, sustainability and diversity initiatives.  

Hydro One Limited’s common shares are listed on the TSX and certain of Hydro One Inc.’s medium term notes are listed on the NYSE. Additional information can be accessed at www.hydroone.com, www.sedarplus.com or www.sec.gov.

Caution Concerning Forward Looking Statements, Risks and Assumptions:

This news release includes “forward looking information” within the meaning of applicable securities laws. The forward-looking information in this news release includes, without limitation, expectations regarding the timing of the closing of the offering and the anticipated use of an amount equal to the net proceeds of the offering of the Notes towards financing and/or refinancing new or existing eligible green projects under the 2024 Framework. We caution that all forward looking information is inherently subject to change and uncertainty and that actual results may differ materially from those expressed or implied by the forward looking information. A number of risks, uncertainties and other factors could cause actual results and events to differ materially from those expressed or implied in the forward looking information or could cause our current objectives, strategies and intentions to change, and many of these factors are beyond our control and current expectations or knowledge. These statements are not guarantees of future performance or actions and involve assumptions and risks and uncertainties that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed, implied or forecasted in such forward-looking information. Some of the factors that could cause actual results or outcomes to differ materially from the results expressed, implied or forecasted by such forward-looking information, including some of the assumptions used in making such statements, are discussed more fully in Hydro One Limited’s and Hydro One Inc.’s filings with the securities regulatory authorities in Canada, which are available on SEDAR+ at www.sedarplus.com. Hydro One Limited and Hydro One Inc. do not intend, and they disclaim any obligation, to update any forward-looking information, except as required by law.

SOURCE Hydro One Limited

WASHINGTON, Aug. 20, 2025 — The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A) today announced that it has agreed to issue $100 million of Tier 1 capital through the public offering of 6.500% non-cumulative perpetual Series H preferred stock, par value $25.00 per share. The preferred stock offering is expected to close on August 25, 2025, subject to customary closing conditions. Farmer Mac expects to list the new series of preferred stock on the New York Stock Exchange under the symbol “AGM PRH.”

The dividend rate on the new Series H preferred stock will remain at a non-cumulative, fixed rate of 6.500% per year, when, as, and if a dividend is declared by the Board of Directors of Farmer Mac, for so long as the Series H preferred stock remains outstanding. The Series H preferred stock will have no maturity date, but Farmer Mac will have the option to redeem the preferred stock on any dividend payment date on and after October 17, 2030. RBC Capital Markets, LLC served as the Sole Book-Running Manager for this transaction.

The offering is being made pursuant to an exemption from registration under the Securities Act of 1933, as amended, and is being made solely by means of an offering circular. You may obtain a copy of the offering circular by contacting RBC Capital Markets, LLC, Brookfield Place, 200 Vesey Street, 8^th Floor, New York, NY 10281, toll-free: 1-866-375-6829 or email: [email protected].

Forward-Looking Statements

In addition to historical information, this release includes forward-looking statements that reflect management’s current expectations for the preferred stock offering, Farmer Mac’s intended use of the proceeds from the offering and the closing date of the offering. You should pay particular attention to the important risk factors and cautionary statements described tin the “Risk Factors” section of the offering circular that relates to the offering referenced above, as well as the risk factors discussed in Farmer Mac’s Annual Report on Form 10-K for the year ended December 31, 2024, as filed with the SEC, on February 21, 2025, and Farmer Mac’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, as filed with the SEC on August 7, 2025. In light of these potential risks and uncertainties, no undue reliance should be placed on any forward-looking statements expressed in this release. The forward-looking statements contained in this release represent management’s expectations as of the date of this release. Farmer Mac undertakes no obligation to release publicly the results of revisions to any forward-looking statements included in the release to reflect new information or any future events or circumstances, except as the SEC otherwise requires.

About Farmer Mac
Farmer Mac is driven by its mission to increase the accessibility of financing to provide vital liquidity for American agriculture and rural infrastructure. Our secondary market provides liquidity to our nation’s agricultural and infrastructure businesses, supporting a vibrant and strong rural America. We offer a wide range of solutions to help meet financial institutions’ growth, liquidity, risk management, and capital relief needs across diverse markets, including agriculture, agribusiness, broadband infrastructure, power and utilities, and renewable energy. We are uniquely positioned to facilitate competitive access to financing that fuels growth, innovation, and prosperity in America’s rural and agricultural communities. Additional information about Farmer Mac is available on our website at www.farmermac.com.

SOURCE Farmer Mac

NASDAQ:EU
TSXV:EU
www.encoreuranium.com

DALLAS, Aug. 20, 2025 – enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the “Company” or “enCore”), America’s Clean Energy Company, announced today the pricing of $100 million aggregate principal amount of 5.50% Convertible Senior Notes due 2030 (the “Convertible Notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering was upsized from the previously announced offering size of $75 million aggregate principal amount of Convertible Notes. In connection with the offering of the Convertible Notes, enCore granted the initial purchasers of the Convertible Notes a 13-day right to purchase up to an additional $15 million aggregate principal amount of Convertible Notes. The sale of the Convertible Notes is expected to close on August 22, 2025, subject to customary closing conditions.

The Convertible Notes will be senior unsecured obligations of enCore and will bear interest from, and including, August 22, 2025, at an annual rate of 5.50%, payable semi-annually in arrears on February 15 and August 15 of each year, beginning on February 15, 2026. The Convertible Notes will mature on August 15, 2030, unless earlier repurchased, redeemed or converted in accordance with their terms. Before May 15, 2030, holders will have the right to convert their Convertible Notes only upon the occurrence of certain events. At any time from, and including, May 15, 2030, noteholders may convert their notes at any time at their election until the close of business on the second scheduled trading day immediately before the maturity date. enCore will have the right to elect to settle conversions either in cash, common shares or in a combination of cash and common shares. The initial conversion rate is 303.9976 common shares per $1,000 principal amount of notes, which represents an initial conversion price of approximately $3.29 per common share. The initial conversion price represents a premium of 27.5% over the last reported sale price of $2.58 per common share on August 19, 2025 on The Nasdaq Capital Market. The conversion rate and conversion price will be subject to adjustment upon the occurrence of certain events.

The Convertible Notes will be redeemable, in whole or in part, for cash at enCore’s option at any time, and from time to time, on or after August 21, 2028, and on or before the 40th scheduled trading day immediately before the maturity date, enCore may redeem for cash all or any portion of the Convertible Notes, at its option, if the last reported sale price per common share exceeds 130% of the conversion price for a specified period of time. In addition, the Convertible Notes will be redeemable, in whole and not in part, at enCore’s option at any time in connection with certain changes in tax law. The redemption price will be equal to 100% of the principal amount of the Convertible Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date.

Holders of the Convertible Notes will be able to require enCore to repurchase their Convertible Notes following certain corporate transactions that constitute a “fundamental change” at a repurchase price equal to the principal amount of the Convertible Notes to be repurchased, plus accrued and unpaid interest, if any, to, but excluding, the repurchase date. Following certain corporate transactions that constitute a “fundamental change” or if enCore issues a notice of redemption, the Company will, in certain circumstances, increase the conversion rate for a holder that elects to convert its Convertible Notes in connection with such corporate transaction or notice of redemption.

enCore estimates that the net proceeds from the offering will be approximately $95.3 million (or approximately $109.8 million if the initial purchasers exercise their option to purchase additional Convertible Notes in full), after deducting the initial purchasers’ discounts and commissions and estimated offering expenses. The Company intends to use $10.0 million of the net proceeds from the Convertible Notes offering to pay the cost of entering into capped call transactions in connection with the Convertible Notes and approximately $10.6 million of the net proceeds from the Convertible Notes offering to repay amounts outstanding under its loan agreement. enCore intends to use the remainder of the net proceeds from the Convertible Notes offering for general corporate purposes. If the initial purchasers exercise their option to purchase additional Convertible Notes, enCore intends to use a portion of the additional net proceeds to pay the cost of entering into additional capped call transactions and the remainder of net proceeds for general corporate purposes.

The capped call transactions were privately negotiated with certain financial institutions (the “option counterparties”). The capped call transactions will cover, subject to anti-dilution adjustments, the number of common shares initially underlying the Convertible Notes, including any additional Convertible Notes issuable upon exercise of the initial purchasers’ option to purchase additional Convertible Notes.

The cap price of the capped call transactions will initially be $4.52 per share, which represents a premium of 75% over the last reported sale price of enCore’s common shares of $2.58 per share on The Nasdaq Capital Market on August 19, 2025, and is subject to certain adjustments under the terms of the capped call transactions.

The capped call transactions are expected generally to reduce the potential dilution to enCore’s common shares upon any conversion of the Convertible Notes and/or offset any cash payments enCore is required to make in excess of the principal amount of converted Convertible Notes, as the case may be, with such reduction and/or offset subject to a cap.

In connection with establishing their initial hedges of the capped call transactions, the option counterparties or their respective affiliates expect to enter into various derivative transactions with respect to enCore’s common shares and/or purchase common shares concurrently with or shortly after the pricing of the Convertible Notes. This activity could increase (or reduce the size of any decrease in) the market price of the Company’s common shares or the Convertible Notes at that time.

In addition, the option counterparties or their respective affiliates expect to modify their hedge positions by entering into or unwinding various derivatives with respect to enCore’s common shares and/or purchasing or selling enCore’s common shares or other securities following the pricing of the Convertible Notes and prior to the maturity of the Convertible Notes (and are likely to do so during the observation period related to any conversions of the Convertible Notes on or after May 15, 2030, or following early termination of any portion of the capped call transactions in connection with any repurchase, redemption or early conversion of the Convertible Notes). This activity could also cause or avoid an increase or decrease in the market price of enCore’s common shares or the Convertible Notes, which could affect the holders’ ability to convert the Convertible Notes and, to the extent the activity occurs during any observation period related to a conversion of the Convertible Notes, it could affect the amount of cash and/or the number and value of common shares, if any, that holders will receive upon conversion of the Convertible Notes.

The Convertible Notes will be offered only to persons reasonably believed to be “qualified institutional buyers” under Rule 144A of the Securities Act. The Convertible Notes and enCore’s common shares issuable upon conversion of the Convertible Notes, if any, have not been and will not be registered under the Securities Act, or any state securities laws, or qualified by way of a prospectus in any province or territory of Canada. As a result, neither the Convertible Notes nor any common shares issuable upon conversion of the Convertible Notes may be offered or sold in the United States except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws, and may not be offered or sold to persons located or resident in Canada except pursuant to an exemption from the prospectus requirements of applicable Canadian securities laws. This news release is neither an offer to sell nor a solicitation of an offer to buy the Convertible Notes or any common shares issuable upon conversion of the Convertible Notes, nor will there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

All references to dollar amounts contained in this press release are expressed in United States dollars.

About enCore Energy Corp.

enCore Energy Corp., America’s Clean Energy Company, is committed to providing clean, reliable, and affordable fuel for nuclear energy as the only United States uranium company with multiple Central Processing Plants in operation. The enCore team is led by industry experts with extensive knowledge and experience in all aspects of ISR uranium operations and the nuclear fuel cycle. enCore solely utilizes ISR for uranium extraction, a well-known and proven technology co-developed by the leaders at enCore Energy.

Following upon enCore’s demonstrated success in South Texas, future projects in enCore’s planned project pipeline include the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming. The Company holds other assets including non-core assets and proprietary databases. enCore is committed to working with local communities and indigenous governments to create positive impact from corporate developments.

www.encoreuranium.com 

Cautionary Note Regarding Forward Looking Statements

Neither 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.

Any statements contained in this press release that are not based on historical facts, including statements about the offering, the expected closing of the offering, the intended use of proceeds, third parties entering into or unwinding derivative transactions with respect to enCore’s common shares and/or purchasing or selling the Company’s common shares, and the potential impact of the capped call transactions and third parties entering into or unwinding derivative transactions with respect to the Company’s common shares and/or purchasing or selling the Company’s common shares on dilution to enCore’s shareholders or the offset of any cash payments enCore is required to make in excess of the principal amount of converted Convertible Notes, the market price of the Company’s common shares or the Convertible Notes or the initial conversion price of the Convertible Notes, constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and Canadian securities laws that are based on management’s current expectations, assumptions and beliefs. Forward-looking statements can often be identified by such words as “will”, “expects”, “plans”, “believes”, “intends”, “estimates”, “projects”, “continue”, “potential”, and similar expressions or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results “may”, “could”, or “will” be taken. These forward-looking statements are predictions reflecting the best judgment of senior management and reflect our current expectations regarding the offering, the expected closing of the offering, the intended use of proceeds, third parties entering into or unwinding derivative transactions with respect to enCore’s common shares and/or purchasing or selling the Company’s common shares, and the potential impact of the capped call transactions and third parties entering into or unwinding derivative transactions with respect to enCore’s common shares and/or purchasing or selling the Company’s common shares on dilution to enCore’s shareholders or the offset of any cash payments enCore is required to make in excess of the principal amount of converted Convertible Notes, the market price of enCore’s common shares or the Convertible Notes or the initial conversion price of the Convertible Notes. These expectations may or may not be realized. Some of these expectations may be based on beliefs, assumptions or predictions that may prove to be incorrect. In addition, our business and operations involve numerous risks and uncertainties, many of which are beyond our control, which could result in our expectations not being realized or otherwise materially affect our business, financial condition, results of operations, cash flows and liquidity. Such risks and uncertainties include, but are not limited to, the risks related to whether enCore will consummate the offering of the Convertible Notes on the expected terms or at all, the anticipated terms of, and the effects of entering into, the capped call transactions, third parties entering into or unwinding derivative transactions with respect to enCore’s common shares and/or purchasing or selling enCore’s common shares, market and general conditions, and those described in greater detail in our filings with the Securities and Exchange Commission, particularly those described in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Should one or more of these risks materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. The Company assumes no obligation to update the information in this communication, except as required by law. Additional information identifying risks and uncertainties is contained in filings by the Company with the respective securities commissions which are available online at www.sec.gov and www.sedarplus.ca.

Forward-looking statements are provided for the purpose of providing information about the current expectations, beliefs and plans of management. Such statements may not be appropriate for other purposes and readers should not place undue reliance on these forward-looking statements, that speak only as of the date hereof, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

SOURCE enCore Energy Corp.

WORCESTER, Mass., Aug. 19, 2025 — The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has priced a registered offering of $500 million aggregate principal amount of senior, unsecured 5.50% notes due September 1, 2035 (the “Notes”). The company plans to use the net proceeds from the issuance of the Notes to repay its outstanding 7.625% Senior Notes due October 2025, repay or redeem its outstanding 4.500% Senior Notes due April 2026 (collectively, the “Debentures”) and for general corporate purposes. The company anticipates the debt offering will close on or around August 21, 2025, subject to customary closing conditions. Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC are acting as the joint book-running managers for the offering.

Nothing herein shall constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall there be any sale of the Notes in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification under the securities laws of any such state or jurisdiction. The offering is being made pursuant to an effective shelf registration filed with the Securities and Exchange Commission (“SEC”) on August 18, 2025. A prospectus and prospectus supplement related to this offering have been filed with the SEC. This press release does not constitute a notice of redemption with respect to, or any offer to purchase, the Debentures. Any such notice will be given to holders of the Debentures in a manner prescribed in the indenture governing the Debentures.

Copies of the prospectus and related prospectus supplement may be obtained at no cost by visiting the SEC website at http://www.sec.gov. Alternatively, copies or information concerning this offering may be obtained by contacting the joint book-running managers: Goldman Sachs & Co. LLC at +1 (800) 828-3182, J.P. Morgan Securities LLC at +1 (212) 834-4533, or Morgan Stanley & Co. LLC at +1 (866) 718-1649.

About The Hanover

The Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in the United States. The company provides exceptional insurance solutions through a select group of independent agents and brokers. Together with its agent partners, The Hanover offers standard and specialized insurance protection for small and mid-sized businesses, as well as for homes, automobiles, and other personal items.

Forward-Looking Statements

This news release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Those forward-looking statements are subject to various risks and uncertainties and include all statements that are not historical statements of fact and those regarding our intent, belief or expectations with respect to future events and financial performance and the debt offering, including the expected closing of the debt offering and the use of proceeds from the debt offering. The company cautions investors that any such forward-looking statements are not guarantees of future performance, and actual results could differ materially. Investors are directed to consider the risks and uncertainties in the company’s business that may affect future performance and that are discussed in readily available documents, including those risks which are discussed in the company’s annual report and other documents filed by the company with the SEC.

SOURCE The Hanover Insurance Group, Inc.

NASDAQ:EU
TSXV:EU
 www.encoreuranium.com

DALLAS, Aug. 19, 2025 – enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the “Company” or “enCore”), America’s Clean Energy Company, announced today that it intends to offer, subject to market and other conditions, $75 million in aggregate principal amount of convertible senior notes due 2030 (the “Convertible Notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the offering of the Convertible Notes, enCore expects to grant the initial purchasers of the Convertible Notes a 13-day right to purchase up to an additional $11.25 million aggregate principal amount of Convertible Notes.

The Convertible Notes will be senior unsecured obligations of enCore, will bear interest payable semi-annually in arrears and will mature on August 15, 2030, unless earlier repurchased, redeemed or converted in accordance with their terms. Holders will have the right to convert their Convertible Notes in certain circumstances and during specified periods. The Company will settle conversions either in cash, common shares or in a combination of cash and common shares. enCore may redeem for cash all or any portion of the Convertible Notes, at its option, at any time, and from time to time, on or after August 21, 2028, and on or before the 40th scheduled trading day immediately before the maturity date, if the last reported sale price per common share exceeds 130% of the conversion price for a specified period of time. In addition, the Convertible Notes will be redeemable, in whole and not in part, at enCore’s option at any time in connection with certain changes in tax law. The redemption price will be equal to 100% of the principal amount of the Convertible Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. The interest rate, initial conversion rate and other terms of the Convertible Notes will be determined at the time of the pricing of the offering.

enCore intends to use a portion of the net proceeds from the offering of the Convertible Notes to pay the cost of entering into capped call transactions in connection with the Convertible Notes. The Company intends to use the remainder of the net proceeds from the Convertible Notes offering to repay amounts outstanding under its loan agreement and for general corporate purposes. If the initial purchasers exercise their option to purchase additional Convertible Notes, enCore intends to use a portion of the additional net proceeds to pay the cost of entering into additional capped call transactions and the remainder of net proceeds for general corporate purposes.

The capped call transactions would be privately negotiated with certain financial institutions (the “option counterparties”). The capped call transactions are expected to cover, subject to anti-dilution adjustments, the number of common shares initially underlying the Convertible Notes, including any additional Convertible Notes issuable upon exercise of the initial purchasers’ option to purchase additional Convertible Notes.

The capped call transactions are expected generally to reduce the potential dilution to enCore’s common shares upon any conversion of the Convertible Notes and/or offset any cash payments enCore is required to make in excess of the principal amount of converted Convertible Notes, as the case may be, with such reduction and/or offset subject to a cap.

In connection with establishing their initial hedges of the capped call transactions, the option counterparties or their respective affiliates expect to enter into various derivative transactions with respect to enCore’s common shares and/or purchase common shares concurrently with or shortly after the pricing of the Convertible Notes. This activity could increase (or reduce the size of any decrease in) the market price of the Company’s common shares or the Convertible Notes at that time.

In addition, the option counterparties or their respective affiliates expect to modify their hedge positions by entering into or unwinding various derivatives with respect to enCore’s common shares and/or purchasing or selling enCore’s common shares or other securities following the pricing of the Convertible Notes and prior to the maturity of the Convertible Notes (and are likely to do so during the observation period related to any conversions of the Convertible Notes on or after May 15, 2030, or following early termination of any portion of the capped call transactions in connection with any repurchase, redemption or early conversion of the Convertible Notes). This activity could also cause or avoid an increase or decrease in the market price of enCore’s common shares or the Convertible Notes, which could affect the holders’ ability to convert the Convertible Notes and, to the extent the activity occurs during any observation period related to a conversion of the Convertible Notes, it could affect the amount of cash and/or the number and value of common shares, if any, that holders will receive upon conversion of the Convertible Notes.

The Convertible Notes will be offered only to persons reasonably believed to be “qualified institutional buyers” under Rule 144A of the Securities Act. The Convertible Notes and enCore’s common shares issuable upon conversion of the Convertible Notes, if any, have not been and will not be registered under the Securities Act, or any state securities laws, or qualified by way of a prospectus in any province or territory of Canada. As a result, neither the Convertible Notes nor any common shares issuable upon conversion of the Convertible Notes may be offered or sold in the United States except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws, and may not be offered or sold to persons located or resident in Canada except pursuant to an exemption from the prospectus requirements of applicable Canadian securities laws. This news release is neither an offer to sell nor a solicitation of an offer to buy the Convertible Notes or any common shares issuable upon conversion of the Convertible Notes, nor will there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About enCore Energy Corp.

enCore Energy Corp., America’s Clean Energy Company, is committed to providing clean, reliable, and affordable fuel for nuclear energy as the only United States uranium company with multiple Central Processing Plants in operation. The enCore team is led by industry experts with extensive knowledge and experience in all aspects of ISR uranium operations and the nuclear fuel cycle. enCore solely utilizes ISR for uranium extraction, a well-known and proven technology co-developed by the leaders at enCore Energy.

Following upon enCore’s demonstrated success in South Texas, future projects in enCore’s planned project pipeline include the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming. The Company holds other assets including non-core assets and proprietary databases. enCore is committed to working with local communities and indigenous governments to create positive impact from corporate developments.

www.encoreuranium.com 

Cautionary Note Regarding Forward Looking Statements

Neither 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.

Any statements contained in this press release that are not based on historical facts, including statements about the offering, the intended use of proceeds, the terms of the Convertible Notes, the capped call transactions, third parties entering into or unwinding derivative transactions with respect to the Company’s common shares and/or purchasing or selling the Company’s common shares, and the potential impact of the foregoing on dilution to enCore’s shareholders or the offset of any cash payments enCore is required to make in excess of the principal amount of converted Convertible Notes, the market price of the Company’s common shares or the Convertible Notes or the initial conversion price of the Convertible Notes, constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and Canadian securities laws that are based on management’s current expectations, assumptions and beliefs. Forward-looking statements can often be identified by such words as “will”, “expects”, “plans”, “believes”, “intends”, “estimates”, “projects”, “continue”, “potential”, and similar expressions or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results “may”, “could”, or “will” be taken. These forward-looking statements are predictions reflecting the best judgment of senior management and reflect our current expectations regarding the offering, the intended use of proceeds, the terms of the Convertible Notes, the capped call transactions, third parties entering into or unwinding derivative transactions with respect to enCore’s common shares and/or purchasing or selling the Company’s common shares, and the potential impact of the foregoing on dilution to enCore’s shareholders or the offset of any cash payments enCore is required to make in excess of the principal amount of converted Convertible Notes, the market price of enCore’s common shares or the Convertible Notes or the initial conversion price of the Convertible Notes. These expectations may or may not be realized. Some of these expectations may be based on beliefs, assumptions or predictions that may prove to be incorrect. In addition, our business and operations involve numerous risks and uncertainties, many of which are beyond our control, which could result in our expectations not being realized or otherwise materially affect our business, financial condition, results of operations, cash flows and liquidity. Such risks and uncertainties include, but are not limited to, the risks related to whether enCore will consummate the offering of the Convertible Notes on the expected terms or at all, the anticipated terms of, and the effects of entering into, the capped call transactions, third parties entering into or unwinding derivative transactions with respect to enCore’s common shares and/or purchasing or selling enCore’s common shares, market and general conditions, and those described in greater detail in our filings with the Securities and Exchange Commission, particularly those described in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Should one or more of these risks materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. The Company assumes no obligation to update the information in this communication, except as required by law. Additional information identifying risks and uncertainties is contained in filings by the Company with the respective securities commissions which are available online at www.sec.gov and www.sedarplus.ca.

Forward-looking statements are provided for the purpose of providing information about the current expectations, beliefs and plans of management. Such statements may not be appropriate for other purposes and readers should not place undue reliance on these forward-looking statements, that speak only as of the date hereof, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

SOURCE enCore Energy Corp.

The Wyoming Reserve seeks to provide accredited investors with “smart liquidity” and potential opportunity zone tax advantages

CASPER, Wyo., Aug. 19, 2025 — The Wyoming Reserve Opportunity Zone Fund Corporation (“The Wyoming Reserve”) today announced that it is commencing a new offering of up to 10 million shares of its common stock at $11.50 per share for an aggregate offering amount of $115 million, pursuant to Rule 506(c) under Regulation D promulgated under the Securities Act of 1933, as amended (the “Securities Act”). The Wyoming Reserve successfully closed its initial common stock offering in March 2025 after raising approximately $26 million from accredited investors.

“Inflation, geopolitical tensions and economic uncertainty have prompted many sound money investors to turn to gold and other precious metals to help protect their wealth,” said Josh Phair, CEO of The Wyoming Reserve and a precious metals industry veteran. “The Wyoming Reserve seeks to provide investors with an avenue to access alternative asset classes, with the goal of potentially minimizing tax liability typically associated with the physical ownership of gold and silver.”

The core business of The Wyoming Reserve is generating income from the purchase and sale of precious metals, as well as the fee income from vaulting, transportation, fulfillment and metal availability services for commercial and industrial customers in a high-security, precious metals-focused vault facility. Utilizing these strategic drivers of profitability, The Wyoming Reserve aims to provide investors with returns exceeding those of owning physical gold and silver, which have achieved a 14.2% combined compound annual growth rate over the past five years, according to data from the LBMA.

A secure vault facility in the country’s top “sound money” state
The Wyoming Reserve is located in an approximately 70,000-square-foot facility in a designated opportunity zone in Casper. Over the past few years, Wyoming has been ranked first for both business tax climate and as a “sound money” state by The Tax Foundation and the Sound Money Defense League & Money Metals Exchange, respectively.¹ Wyoming also does not impose a tax on silver or gold, has no corporate state income tax, no personal state income tax, inventory tax, franchise tax or occupation tax.

“Smart liquidity” feature may provide investors with tax-efficient cash flow
Under The Wyoming Reserve’s repurchase policy, investors may opt in to a share repurchase program after holding their investment for a year, whereby they may request to have The Wyoming Reserve repurchase up to 1% of their shares monthly (12% annually). For investors that elect to enroll in the “smart liquidity” feature, repurchases will be at the stated quarterly share repurchase value and may qualify to be taxed only on appreciation at long-term capital gains rates. Also available to shareholders is the option for investors to request the repurchase of some or all of their shares at the stated share repurchase value on a quarterly basis, provided they have held their investment for at least one year.

An investors ability to have its shares repurchased is limited to 5% of outstanding shares of The Wyoming Reserve each quarter, on a first-come, first-serve basis. Additionally, any repurchases are subject to contractual obligations or regulatory considerations of The Wyoming Reserve, the terms of its preferred stock, as well as compliance with Wyoming and federal law.

Distinct tax advantages with a “non-real estate” opportunity zone investment
The vault’s location in a qualified opportunity zone (“QOZ”), may allow investors to benefit from federal incentives available for long-term private investment in certain census-designated tracts by allowing tax-free growth on gains from QOZ investments that have been held for a minimum of 10 years.

“Our investors avoid the 28% long-term capital gains collectibles tax that comes with physical ownership of precious metals and have an opportunity to enjoy tax-free growth on any appreciation from their investment in The Wyoming Reserve,” Phair continued. “We believe that the combination of tax advantages, the asset class and our team’s breadth of experience presents a compelling opportunity.”

Additionally, investors who have realized capital gains from the sale of an asset such as stocks, bonds, businesses, real estate and K-1 partnerships, within the past 180 days may invest their capital gains into a qualified opportunity fund (“QOF”) and receive temporary deferral on the tax liabilities from their capital gains, with the length of the deferral depending on when the QOF investment is made.

For additional information and to request offering materials, interested parties, who qualify as “accredited investors,” are encouraged to email [email protected].

About The Wyoming Reserve
The Wyoming Reserve is a high-security, precious metals-focused vault facility. Consisting of a team of individuals whose breadth of experience is only matched by their commitment and purpose to deliver and protect valued assets, The Wyoming Reserve leverages the combined powers of experience, innovation, and determination to meet its goal-based financial objectives. To learn more, visit www.thewyomingreserve.com/ 

Disclaimers; No Offer or Solicitation
This press release is neither an offer to sell nor the solicitation of an offer to buy the Common Stock or any other securities of The Wyoming Reserve, and no offer, solicitation or sale will be made in any jurisdiction in which, or to any persons to whom, such an offer, solicitation or sale is unlawful.

The tax consequences of an investment in The Wyoming Reserve are particularly complex. Prospective investors should consult with their own tax advisors, attorneys or accountants in order to fully understand the federal, state, local and any foreign tax consequences of an investment.

Each Investor will be required to represent to The Wyoming Reserve, and provide documentation to verify such representation, that such Investor is an “accredited investor,” as defined in Rule 501 of Regulation D promulgated under the Securities Act, and has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of an investment in shares of The Wyoming Reserve’s Common Stock.

The Shares will be subject to restrictions on transferability and resale and may not be sold, pledged or otherwise transferred except as permitted under the Securities Act and the securities laws of other applicable jurisdictions. The Shares will not be listed on any U.S. securities exchange or quoted or traded on or in any U.S. over-the-counter or other market. This Offering has not been filed with, or reviewed by, the U.S. Securities and Exchange Commission (“SEC”) or any securities regulatory authority of any state or other jurisdiction, nor has the SEC or any such authority passed upon the accuracy or adequacy of this Offering. Investing in securities of The Wyoming Reserve is speculative, and the offering involves substantial risks and should be considered only by those persons who can afford the risk of loss of their entire investment.  

Cautionary Note Regarding Forward-Looking Statements 
This communication includes “forward-looking statements” as defined under meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include all statements that are not historical statements of fact, and involve risks and uncertainties that could cause actual results of The Wyoming Reserve to differ materially from those expected and projected. In addition, any statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “will,” “would,” or the negative of these terms, or other similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Factors that may cause such differences include, but not limited to, our expectations, hopes, beliefs, intention, or strategies regarding the future our financial or business performance; The Wyoming Reserve’s business plan, strategies or objectives for future operations; The Wyoming Reserve’s estimated use of proceeds from the offering; costs, fees, capitalization and anticipated financial effects of the offering; expectations concerning the timing and completion of the offering; any potential tax benefits, or an investors ability to qualify for any tax benefits; changes in any state or federal tax or regulatory schemes that impact The Wyoming Reserve’s or an investment in The Wyoming Reserve, including rules relating to Opportunity Zones and Qualified Opportunity Funds; and adverse impact of inflationary pressures, including significant increases in costs or securing precious metals, global economic conditions and events related to these conditions, including the ongoing wars in the Ukraine and the Middle East and changes in U.S. trade policy. Any forward-looking statements in this document should be evaluated in light of these important risk factors. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and we assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

Contact:    
Jennifer Franklin
Spotlight Marketing Communications                                         
(949) 427-1385                                                                                              
[email protected]

¹ TaxFoundation.org, State Tax Competitive Index, 2021-2025 and SoundMoneyDefense.org, Sound Money Index, 2023-2025

SOURCE The Wyoming Reserve

BEIJING, Aug. 19, 2025 — Yimutian Inc. (“Yimutian” or the “Company”) (Nasdaq: YMT), a leading agricultural B2B platform in mainland China, today announced the pricing of its initial public offering (the “Offering”) of 5,010,000 American depositary shares (“ADSs”), each representing 25 Class A ordinary shares, at a price of $4.10 per ADS for a total offering size of approximately $20.541 million, assuming the underwriter does not exercise its option to purchase additional ADSs. The Company is offering 4,522,000 ADSs, and the selling shareholders are offering 488,000 ADSs. In addition, the Company has granted the underwriter a 45-day option to purchase up to an aggregate of 678,300 additional ADSs from the Company at the initial public offering price less the underwriting discounts and commissions.

The Company intends to use the net proceeds from the Offering for the enhancement and expansion of its digital agricultural commerce services of its apps, the development of technological infrastructure and product operations in relation to its new business initiatives, the expansion of its agricultural sourcing and trading services and working capital and general corporate purposes.

The ADSs have been approved for listing and are expected to begin trading on Nasdaq Stock Market on August 19, 2025 under the symbol “YMT.” The offering is expected to close on or about August 20, 2025, subject to satisfaction of customary closing conditions.

US Tiger Securities, Inc. acts as the representative of the underwriter.

A registration statement related to these securities has been filed with and declared effective by the United States Securities and Exchange Commission (the “SEC”). This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering is being made only by means of a prospectus, forming a part of the effective registration statement. When available, copies of the final prospectus relating to the offering may be obtained by contacting the following underwriter: US Tiger Securities, Inc., 437 Madison Ave, 27/F, New York, NY 10022, United States of America, or by telephone at +1-646-978-5188, or by emailing [email protected]. 

About Yimutian Inc.

Yimutian Inc., is a leading agricultural B2B platform in mainland China. Over a decade, the company has been dedicated to digitalizing China’s agricultural product supply chain infrastructure to streamline the agricultural product transaction process, and making it efficient, transparent, secure, and convenient.

As of March 31, 2025, Yimutian served over 39 million merchants and hosted approximately 21 million SKUs. In 2024, the company connected over 770,000 sellers and over 6 million buyers, highlighting its robust transaction volume and engagement.

Powered by profound industry expertise and accumulated market insights, Yimutian delivers a full suite of digital services—from search and match to transaction facilitation and settlement. In recent years, Yimutian has ventured into the realm of smart farming and agricultural sourcing and trading, further broadening its commercialization channels and bolstering other business lines.

For more information, please visit ir.ymt.com.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs, plans, 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. In some cases, these forward-looking statements can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

SOURCE Yimutian Inc.

Trading on the Nasdaq Capital Market Expected to Commence on August 19, 2025 Under the Ticker “VELO”

FREMONT, Calif., Aug. 19, 2025 — Velo3D, Inc. (“Velo” or the “Company”), a leading provider of additive manufacturing technologies for mission-critical metal parts, today announced the  pricing of a firm commitment underwritten public offering of 5,833,333 shares of its common stock at $3.00 per share (the “Offering”), before deducting underwriting discounts and commissions and offering expenses, for aggregate gross proceeds of approximately $17.5 million. The Company intends to use the net proceeds from the Offering for working capital, capital expenditures and general corporate purposes. The Company’s common stock is expected to commence trading on the Nasdaq Capital Market (“Nasdaq”) on August 19, 2025 under the ticker symbol “VELO”, subject to continued compliance with Nasdaq rules. 

Lake Street Capital Markets, LLC is acting as the sole book-running manager for the Offering.

In addition, the Company has granted the representative of the underwriters a 30-day option to purchase up to an additional 875,000 shares of its common stock at the public offering price, less underwriting discounts and commissions. All of the shares of common stock to be sold in the Offering will be sold by the Company. The Offering is expected to close on or about August 20, 2025, subject to customary closing conditions.

A Registration Statement on Form S-1, as amended (File No. 333-289337), relating to the shares of common stock to be issued and sold in the Offering was declared effective by the U.S. Securities and Exchange Commission (“SEC”) on August 18, 2025. The Offering is being made only by means of a prospectus that forms a part of such effective registration statement.  When available, copies of the final prospectus may be obtained for free on the SEC’s website at sec.gov or by contacting Lake Street Capital Markets, LLC at 121 South 8^th Street, Suite 1000, Minneapolis, MN 55402, by calling (612) 326-1305, or by emailing [email protected]. Pending the commencement of trading of the Company’s common stock on Nasdaq, trading of the Company’s common stock under the symbol “VLDX” on the OTCQX was suspended at the close of markets on August 18, 2025. Stockholders are not required to take any action as a result of the uplisting to Nasdaq.

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

About Velo3D

Velo3D is a metal 3D printing technology company. 3D printing–also known as additive manufacturing (AM)–has a unique ability to improve the way high-value metal parts are built. However, legacy metal AM has been greatly limited in its capabilities since its invention almost 30 years ago. This has prevented the technology from being used to create the most valuable and impactful parts, restricting its use to specific niches where the limitations were acceptable.

Velo3D has overcome these limitations so engineers can design and print the parts they want. The company’s solution unlocks a wide breadth of design freedom and enables customers in space exploration, aviation, power generation, energy, and semiconductor to innovate the future in their respective industries. Using Velo3D, these customers can now build mission-critical metal parts that were previously impossible to manufacture. The fully integrated solution includes the Flow print preparation software, the Sapphire family of printers, and the Assure quality control system–all of which are powered by Velo3D’s Intelligent Fusion manufacturing process. The company delivered its first Sapphire system in 2018 and has been a strategic partner to innovators such as SpaceX, Honeywell, Honda, Chromalloy, and Lam Research. Velo3D has been named as one of Fast Company’s Most Innovative Companies for 2024. For more information, please visit Velo3D.com, or follow the company on LinkedIn or X.

VELO, VELO3D, SAPPHIRE and INTELLIGENT FUSION, are registered trademarks of Velo3D, Inc.; and WITHOUT COMPROMISE, FLOW and ASSURE are trademarks of Velo3D, Inc. All Rights Reserved © Velo3D, Inc.

Forward-looking Statements

This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements regarding the closing of the Offering, the anticipated use of proceeds from the Offering, and the Nasdaq uplisting, and other statements identified by words such as “expect”, “estimate”, “project”, “budget”, “forecast”, “anticipate”, “intend”, “plan”, “may”, “will”, “could”, “should”, “believes”, “predicts”, “potential”, “continue”, and similar expressions. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Uncertainties and risks may cause our actual results to be materially different than those expressed in or implied by our forward-looking statements. For the Company, this includes satisfaction of the customary closing conditions of the Offering, delays in obtaining Nasdaq or other regulatory approvals, the ability to meet the Nasdaq continued listing requirements, stock price volatility and the impact of general business and economic conditions. More detailed information on these and additional factors that could affect our actual results are described in our filings with the SEC, available at www.sec.gov. All forward-looking statements in this news release speak only as of the date of this press release. We undertake no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE Velo3D, Inc.

Fund expands the firm’s category-leading Equity Premium Income Suite

NEW YORK, Aug. 19, 2025 — J.P. Morgan Asset Management today announced the launch of the JPMorgan Equity and Options ETF (JOYT) on the Cboe BZX Exchange. JOYT represents a strategic expansion of the Firm’s innovative Equity Premium Income Suite, catering to clients seeking total return or already utilizing the JPMorgan Equity Premium Income ETF (JEPI) and the JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).

The fund will integrate dividends, options premium, and capital appreciation in a strategy designed to deliver robust returns with reduced volatility and beta compared to the broad U.S. large-cap market. Unlike traditional income-distributing products, the fund’s options premium will be used to enhance total return.

“JOYT reflects our commitment to providing cutting-edge active ETFs that address the diverse needs of our clients,” said Travis Spence, Global Head of ETFs at J.P. Morgan Asset Management. “This addition offers investors a sophisticated approach to seeking diversified sources of total return beyond market appreciation.”

Led by Hamilton Reiner, manager of JEPI and JEPQ, the portfolio management team brings over 60 years of combined experience. Reiner oversees more than $370 billion as J.P. Morgan Asset Management’s CIO of Core Equity and Head of U.S. Derivatives.

“JOYT supercharges our suite of options-based strategies, standing as a dynamic counterpart to JEPI and JEPQ,” explained Hamilton Reiner. “JOYT is the go-to choice for those who have used or are exploring JEPI and JEPQ but are less income focused and more total return oriented.”

The fund is priced competitively at 35 basis points, consistent with JEPI and JEPQ.

About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of $3.8 trillion (as of 6/30/2025), is a global leader in investment management. J.P. Morgan Asset Management’s clients include institutions, retail investors and high net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity. For more information, visit: www.jpmorgan.com/am.

About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorganChase had $4.6 trillion in assets and $357 billion in stockholders’ equity as of June 30, 2025. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

J.P. Morgan ETFs are distributed by JPMorgan Distribution Services, Inc., which is an affiliate of JPMorgan Chase & Co. Affiliates of JPMorgan Chase & Co. receive fees for providing various services to the funds. JPMorgan Distribution Services, Inc. is a member of FINRA. More information is available at https://am.jpmorgan.com/us/en/asset-management/gim/adv/products/etfs.

There is no guarantee, obligation or assurance that any investors will maintain any specific level of investment in the Fund, and such investors have the ability to withdraw their investment at any point in time like any other shareholder of a mutual fund or ETF.

Investors should carefully consider the investment objectives and risks as well as charges and expenses of an ETF before investing. The summary and full prospectuses contain this and other information about the ETF and should be read carefully before investing. To obtain a prospectus: Call 1-844-4JPM-ETF.

NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE
SOURCE J.P. Morgan Asset Management
Related Links: http://www.jpmorganchase.com

SOURCE J.P. Morgan Asset Management

BETHESDA, Md., Aug. 19, 2025 — Green Minting Technologies, Corp. (“Mint”), announced today the strategic investment commitment of up to $150 Million USD with GEM Digital Limited through a token subscription agreement to develop a state-of-the-art, 600-Megawatt, off-grid, renewable energy, Bitcoin mining and AI datacenter project.  The partnership is set to accelerate Mint’s mission of bringing renewably-powered cloud computing to the masses through its $MINT token, which enables tokenholders to buy compute power by the hash in order to leverage low-cost, renewable energy to power applications like Bitcoin mining on Application-Specific Integrated Circuits (“ASICs”) or training Artificial Intelligence (“AI”) on Graphics Processing Units (“GPUs”).  

As part of the $150 Million USD investment commitment, Mint will be listing its $MINT tokens on a number of the leading centralized exchanges in its Initial Exchange Offering (“IEO”), where it is targeting to raise $400 Million USD.  

“Mint is re-democratizing the Bitcoin mining landscape by fractionalizing the energy and computing infrastructure into $MINT Tokens.  In the beginning, Bitcoin mining was truly distributed across individual users. As Bitcoin mining infrastructure becomes increasingly expensive, individual users can’t compete, particularly at today’s retail energy prices.  Through this partnership with GEM, we can deploy our $MINT Tokens to enable individual users to gain the benefit of renewable, scaled operations – without the upfront costs associated with developing utility-scale energy generation and datacenter infrastructure. Bitcoin mining can now be powered by the masses once again, thanks to the $MINT Token,” said Alex Wey, CEO and co-founder.

As part of the 600-Megawatt project, Mint will dedicate a portion of the infrastructure to developing a Tier III/IV datacenter to host GPUs and power AI tools, alongside its core Bitcoin Mining operations. 

To learn more about $MINT, the project, and about how to participate in this Initial Exchange Offering and its Presale, visit the $MINT website https://www.green-mint.com/.

About GEM Digital Limited
Based in the Bahamas, GEM Digital Limited is an asset investment firm focused on utility tokens. Its parent company, Global Emerging Markets (“GEM”), is a $3.4 Billion alternative investment group with offices in Paris, New York, and the Bahamas, spanning asset classes like Small-Mid Cap Buyouts, Private Investments in Public Equities (PIPEs), and select venture investments.

About Mint 

Green Minting Technologies, Corp. (“Mint”), a Delaware corporation, is a renewable energy developer focused on deploying wind and solar power generation to enable its own on-site, off-grid cloud computing infrastructure that powers applications such as bitcoin mining, AI / ML, and HPC.  By deploying its own energy generation infrastructure off-grid, Mint moves some of the most energy-intensive commercial applications away from the residential grid, while simultaneously developing future-proof, carbon-neutral cloud infrastructure for a sustainable cloud computing future. 

Press Inquiries:

[email protected]

(202) 573-9286

SOURCE Green Mint Technologies, Corp