Equus

Equus Subsidiary Morgan E&P Provides Update on Reserves

Retrieved on: 
Wednesday, February 14, 2024

HOUSTON, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Equus Total Return, Inc. (NYSE: EQS) ("Equus") today announced that its wholly-owned subsidiary Morgan E&P, LLC ("Morgan"), has received from Cawley, Gillespie & Associates, Inc. (“CG&A”) an updated reserve estimate as of January 1, 2024.

Key Points: 
  • HOUSTON, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Equus Total Return, Inc. (NYSE: EQS) ("Equus") today announced that its wholly-owned subsidiary Morgan E&P, LLC ("Morgan"), has received from Cawley, Gillespie & Associates, Inc. (“CG&A”) an updated reserve estimate as of January 1, 2024.
  • Morgan engaged the petroleum engineering firm of CG&A to review and provide an updated reserve analysis of this asset using the December 29, 2023 NYMEX strip pricing.
  • Using a discount rate of 10% (PV10 Valuation) the values of proved, probable, and possible reserves associated with the project are $31,986,856, $13,898,074, and $62,025,104, respectively.
  • Neither CG&A nor Morgan can guarantee any amounts that may be recoverable from these properties.

LiquidStack to Showcase Immersion-Ready Servers from Equus Compute Solutions at GITEX Global in Dubai

Retrieved on: 
Tuesday, October 10, 2023

BOSTON, Oct. 10, 2023 (GLOBE NEWSWIRE) -- LiquidStack , a global leader in liquid immersion cooling for data centers, today announced a joint demonstration featuring LiquidStack’s two-phase immersion cooling DataTank™ and Equus Compute Solutions (Equus) immersion-ready servers .

Key Points: 
  • BOSTON, Oct. 10, 2023 (GLOBE NEWSWIRE) -- LiquidStack , a global leader in liquid immersion cooling for data centers, today announced a joint demonstration featuring LiquidStack’s two-phase immersion cooling DataTank™ and Equus Compute Solutions (Equus) immersion-ready servers .
  • The multi-day exhibition will take place at GITEX GLOBAL, the world’s largest technology and startup event in the Middle East.
  • This permanent showcase, starting in Q4 2023, will feature fully integrated immersion-ready servers with industry-leading performance and sustainability ratings.
  • Those who are unavailable to attend GITEX GLOBAL can request a liquid cooling demo by contacting LiquidStack at https://liquidstack.com/contact-us .

Equus Subsidiary, Morgan E&P, Acquires 4,747 Net Acres in the Bakken

Retrieved on: 
Monday, May 22, 2023

Pursuant to the PSA, Morgan has acquired 4,747.52 net acres, in the Bakken/Three Forks formation in the Williston Basin of North Dakota.

Key Points: 
  • Pursuant to the PSA, Morgan has acquired 4,747.52 net acres, in the Bakken/Three Forks formation in the Williston Basin of North Dakota.
  • Morgan will receive an average net revenue interest (“NRI”) of 80% in the production of any wells drilled.
  • As additional net acreage and working interests are acquired, the resulting number of net drilling locations and associated reserves is expected to increase accordingly.
  • Morgan engaged Nichols Energy Services to assist with land due diligence and Earth Systems, LLC for environmental and regulatory due diligence.

Equus Software Wins MoveCenter's 2023 Technology Supplier of the Year Award

Retrieved on: 
Thursday, April 27, 2023

DENVER, April 27, 2023 /PRNewswire/ -- Equus Software (Equus), a leader in workforce mobility solutions, today announced it's the recipient of MoveCenter's 2023 Technology Supplier of the Year Award for its flagship global mobility management solution AssignmentPro , which enables companies to track and manage employees working domestically and internationally.

Key Points: 
  • DENVER, April 27, 2023 /PRNewswire/ -- Equus Software (Equus), a leader in workforce mobility solutions, today announced it's the recipient of MoveCenter's 2023 Technology Supplier of the Year Award for its flagship global mobility management solution AssignmentPro , which enables companies to track and manage employees working domestically and internationally.
  • "The Technology Supplier of the Year award is a testament to the hard work of the Equus team and steadfast relationships with our clients and partners like MoveCenter," Equus President Tyler Reynolds said.
  • MoveCenter , a global full-service talent mobility provider, began the Supplier Awards Program in 2017 to recognize companies in the top tier of their given industry.
  • Recipients are chosen based on their ability to deliver on high-performance standards necessary to remain competitive in the global economy.

Equus Software and Vialto Partners Launch New Strategic Agreement to Drive Global Mobility Transformation

Retrieved on: 
Tuesday, April 11, 2023

DENVER, April 11, 2023 /PRNewswire/ -- Equus Software, the market-leader in global workforce mobility technology, and Vialto Partners, the leading independent provider of services supporting cross-border employee mobility, today announced a strategic alliance around technology and services for the delivery of all assignment and mobility types to the global workforce mobility industry.

Key Points: 
  • DENVER, April 11, 2023 /PRNewswire/ -- Equus Software, the market-leader in global workforce mobility technology, and Vialto Partners, the leading independent provider of services supporting cross-border employee mobility, today announced a strategic alliance around technology and services for the delivery of all assignment and mobility types to the global workforce mobility industry.
  • The agreement will provide companies worldwide with agile, innovative solutions that drive value for talent mobility programs.
  • The combination of Equus' technology for workforce mobility and Vialto's global service capabilities will create better reporting, transparency and thought leadership, while unlocking end-to-end productivity gains for employees and program managers.
  • "Vialto has established itself as the frontrunner in the global mobility space, and we seek alliances with only the most innovative companies that will drive value for the organizations we serve," said Leo Palazzuoli, Chief Clients & Markets Officer, Vialto Partners.

Equus Software Releases 2022 Global Mobility Technology Landscape Survey Results in Partnership with Global Mobility Executive

Retrieved on: 
Tuesday, January 31, 2023

DENVER, Jan. 31, 2023 /PRNewswire/ -- Global workforce management technology provider, Equus Software (Equus), and Global Mobility Executive (GME), London-based global mobility research, services and events company, today announced the release of its 2022 Evolving Global Mobility Landscape Report, detailing how the global mobility industry has evolved since 2020 and revealing key findings on how the new dynamic global workforce has elevated mobility's role to that of a strategic partner in business.

Key Points: 
  • DENVER, Jan. 31, 2023 /PRNewswire/ -- Global workforce management technology provider, Equus Software (Equus), and Global Mobility Executive (GME), London-based global mobility research, services and events company, today announced the release of its 2022 Evolving Global Mobility Landscape Report , detailing how the global mobility industry has evolved since 2020 and revealing key findings on how the new dynamic global workforce has elevated mobility's role to that of a strategic partner in business.
  • "This year's survey results confirm that global mobility is adopting a changed mindset.
  • In 2020, Equus and GME conducted the first survey on technology in global mobility titled, "The Future of Global Mobility – The Digital Journey," and this year's report is a follow up to understand the extent to which the pandemic and other political, socio and economical forces are influencing the digital transformation of global mobility.
  • The full Evolving Global Mobility Landscape report can be viewed here: https://www.equusoft.com/EvolvingGlobalMobilityLandscape
    For more information about Equus, visit equusoft.com.

Equus Shareholders Grant Authorization to Withdraw BDC Election

Retrieved on: 
Thursday, November 3, 2022

In connection with this authorization, the Company has filed an Information Statement on Schedule 14C, dated November 3, 2022.

Key Points: 
  • In connection with this authorization, the Company has filed an Information Statement on Schedule 14C, dated November 3, 2022.
  • These evaluations have included consideration of potential strategic transactions to maximize value to shareholders as an operating company not subject to the 1940 Act.
  • The authorization granted by the Companys shareholders allows the Board to withdraw the Companys BDC authorization on or prior to February 28, 2023 as part of a potential strategic transformation of Equus into an operating company.
  • Although Equus has been authorized to withdraw and terminate the Companys BDC election under the 1940 Act, it will not submit any such withdrawal unless and until Equus has entered into a definitive agreement to acquire an operating company.

AlphaLogix announces market release of AlphaFlo® canine allograft

Retrieved on: 
Thursday, March 31, 2022

PHOENIX, March 31, 2022 /PRNewswire/ -- Equus Innovations, a manufacturer of advanced, next-generation veterinary regenerative products, in partnership with AlphaLogix, LLC (Argyle, Texas) announced today successful market release of a new canine allograft, AlphaFlo.

Key Points: 
  • PHOENIX, March 31, 2022 /PRNewswire/ -- Equus Innovations, a manufacturer of advanced, next-generation veterinary regenerative products, in partnership with AlphaLogix, LLC (Argyle, Texas) announced today successful market release of a new canine allograft, AlphaFlo.
  • AlphaFlo is a liquid, acellular, canine amniotic tissue allograft comprised of amnion, intended to supplement and protect tissues.
  • Grant D. Senner, MD, DABRM and Equus Innovations' Chief Executive Officer stated, "The release of AlphaFlo by AlphaLogix is another exciting regenerative solution for veterinary patients.
  • AlphaLogix, LLC is a leading provider of next-generation canine veterinary products, including AlphaFlo.

Mandalay Resources Corporation Completes Sale of Cerro Bayo Mine to Equus Mining

Retrieved on: 
Thursday, December 2, 2021

Pursuant to the transaction, Equus Mining Limited (Equus) acquired the Cerro Bayo mine, including its mining properties, resources and mine infrastructure as well as a 1,500 tonnes per day processing plant, in exchange for 587,502,438 ordinary shares in the capital of Equus.

Key Points: 
  • Pursuant to the transaction, Equus Mining Limited (Equus) acquired the Cerro Bayo mine, including its mining properties, resources and mine infrastructure as well as a 1,500 tonnes per day processing plant, in exchange for 587,502,438 ordinary shares in the capital of Equus.
  • In addition, Equus will appoint Ryan Austerberry, Mandalays Costerfield mine General Manager, to the Board of Equus as a non-executive director representing Mandalay.
  • Dominic Duffy, President and CEO of Mandalay, commented:
    Mandalay is pleased to have successfully completed the sale of the Cerro Bayo mine to Equus.
  • They are well positioned to move Cerro Bayo forward and we look towards mutually benefiting from the mines future developments.

Boeing Awards Solace Power Significant New Contract to Develop Wireless Power Solution

Retrieved on: 
Thursday, August 19, 2021

Solace Power celebrates 6th Contract To-Date with Boeing; Represents the Largest Contract in Company History

Key Points: 
  • Solace Power celebrates 6th Contract To-Date with Boeing; Represents the Largest Contract in Company History
    MOUNT PEARL, NL, Aug. 19, 2021 /PRNewswire/ - Solace Power Inc. ("Solace Power" or the "Company"), a world leader in high performance wireless power technology, is proud to announce a significant new contract with its customer Boeing.
  • Known for its dynamic wireless power platform, Equus, the Company will enable new capabilities for Boeing by providing reliable, truly decoupled power and data solutions.
  • "This is an exceptionally exciting time in the history of Solace Power," said Neil Chaulk, CEO of the Company.
  • A supplier to Boeing since 2015, Solace was recognized in 2018 with a Silver Boeing Performance Excellence Award for distinguished performance.