Mozambique's highest court confirmed Monday the ruling party's victory in a disputed October vote after allegations of rigging triggered weeks of deadly street clashes. Fears are high in the country and abroad that more violence could break out in the southern African nation after the opposition threatened to call an uprising following the decision. The United States called for calm after the Constitutional Court said the ruling Frelimo party presidential candidate Daniel Chapo secured 65 percent of the vote, revising down provisional results from the electoral commission which said he got nearly 71 percent. Chapo's main challenger, exiled opposition leader Venancio Mondlane, received an upward revision to 24.2 percent of the vote. The final results extend Frelimo's half-century grip on power and lines up Chapo to take over from President Filipe Nyusi whose second term ends on January 15. Mondlane has said that the election was rigged in favour of Frelimo and that a separate count shows he won enough votes to take office, which he intends to do. Several international observer missions have also said there were irregularities. In Washington, US State Department spokesman Matthew Miller said there was "a lack of transparency" about the results and urged all parties to "refrain from violence and engage in meaningful collaboration to restore peace and foster unity". In his first speech after being declared winner, Chapo struck a conciliatory tone, promising to reach out to Mondlane, who has been in a self-imposed exile. "For our development we will continue to talk to everyone," said Chapo, a former provincial governor with no experience in national government. Mondlane has been in exile since the assassination of his lawyer on October 19, a killing he blames on security forces, and it was unclear if he intended to return. In address on social media after the court announced the result, the 50-year-old said that he would continue his fight for the "electoral truth". "The Mozambican people demand that we remain firm, that we don't stop our struggle and that we remain united and strong," said Mondlane, who appeals to disenchanted younger voters in a country of 33 million people marked by poverty despite its abundant resources. Before the announcement, he vowed to bring the country to a "new popular uprising at a level never seen before", should the council endorse Frelimo as winner. Maputo was tense ahead of the announcement, with main roads deserted and the metal curtains of stores lowered. Protesters set fire to tyres early in the evening but dispersed after a heavy rainfall. Mozambique has been rocked by unrest since the election commission said that the October 9 vote was won by Chapo. At least 130 people have been killed in two months of violence, most of them opposition demonstrators shot by security forces, according to local NGOs. Cities, mines, borders and ports have been affected by protest action and operations at the main border with South Africa halted, causing its neighbour major losses in exports. The US government on Thursday raised its warning level against travel to Mozambique before the council's announcement. Pope Francis called Sunday for dialogue and goodwill to "prevail over mistrust and discord" in Mozambique. The protests have been the "most dangerous" ever seen in Mozambique, said analyst Borges Nhamirre, continuing despite deaths and arrests, and intensifying with police stations and Frelimo offices torched. "I'm convinced that if Monday the Constitutional Council declares the election as free and fair, which I am 100 percent convinced it will, then the blood is going to flow," Maputo-based political and security risk analyst Johann Smith told AFP. "The whole game changes on Monday," said Smith. "It will be a lot more intense and bloody." Mondlane had awakened resentment against Frelimo, he said, similar to discontent that this year led to the party that governed Botswana since independence being voted out and threatening to do the same in Namibia. "It's almost like the Southern African Spring," Smith said, in a reference to the Arab anti-government protests in North Africa in the early 2010s. bur-ho/br/phzCash position at over $125 Million in just under 7 months as a public company Financing provides cash runway to expedite cutting-edge portable nuclear microreactor technologies, auxiliary businesses, seek complimentary acquisitions and drive growth towards initial revenue generation New York, N.Y., Nov. 27, 2024 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear” or "the Company”) , a leading advanced nuclear energy and technology company focused on developing portable, clean energy solutions, today announced the closing of a private placement with three accredited institutional investors for gross proceeds of approximately $60 million to NANO Nuclear, before deducting offering expenses. In the private placement, NANO Nuclear sold 2,500,002 shares of common stock and five-year warrants to purchase an aggregate of up to an additional 2,500,002 shares of common stock, or 100% warrant coverage, at a combined purchase price of $24.00 for each share and associated warrant. The warrants are exercisable for $26.00 per share. The proceeds from this financing significantly augments NANO Nuclear's cash on hand to over $125 million. With this cash on hand, NANO Nuclear will be able to more readily advance and expedite its cutting-edge microreactors, auxiliary businesses, seek complimentary acquisitions and drive growth towards initial revenue generation. "We are humbled to be supported by a growing number of institutional investors,” said Jay Yu, Founder and Chairman of NANO Nuclear Energy. "We will continue to work extremely hard to establish NANO Nuclear as one of the leaders in the U.S. advanced nuclear energy market. With over $125 Million now in our treasury, we are positioned for rapid growth, to drive stockholder value and to realize our vision of becoming a leading, diversified, and vertically integrated advanced nuclear energy company.” The Benchmark Company, LLC acted as sole placement agent for the transaction. The securities sold in the private placement have not been registered under the Securities Act of 1933, as amended, or state securities laws and may not be offered or sold in the United States absent registration with the SEC or an applicable exemption from such registration requirements. The Company has agreed to file, by January 15, 2025, a registration statement with the SEC covering the resale of the shares of common stock and shares of common stock underlying the warrants issued in the private placement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. About NANO Nuclear Energy, Inc. NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable microreactor technology, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S. Led by a world-class nuclear engineering team, NANO Nuclear's products in technical development are "ZEUS”, a solid core battery reactor, and "ODIN”, a low-pressure coolant reactor , each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors. Advanced Fuel Transportation Inc. (AFT) , a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America. HALEU Energy Fuel Inc. (HEF) , a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear's own microreactors as well as the broader advanced nuclear reactor industry. NANO Nuclear Space Inc. (NNS) , a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear's developing micronuclear reactor technology in space. NNS is focusing on applications such as power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS' initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon's surface. For more corporate information please visit: https://NanoNuclearEnergy.com/ For further information, please contact: Email: [email protected] Business Tel: (212) 634-9206 PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE: NANO Nuclear Energy LINKEDIN NANO Nuclear Energy YOUTUBE NANO Nuclear Energy TWITTER Cautionary Note Regarding Forward Looking Statements This news release and statements of NANO Nuclear's management in connection with this news release or related events contain or may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements (including statements related to the closing, and the anticipated benefits to the Company, of the private placement described herein) related to future events, which may impact our expected future business and financial performance, and often contain words such as "expects", "anticipates", "intends", "plans", "believes", "potential”, "will", "should", "could", "would" or "may" and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management's current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy ("DOE”) or related state nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology, including difficulties with design and testing, cost overruns, regulatory delays and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of government regulation and policies including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings . Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.
COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Dec 23, 2024-- Venu Holding Corporation ("VENU" or “The Company”) (NYSE American: VENU), a leading premium hospitality and live entertainment company built by music fans for music fans, announced today its third quarter 2024 results for the period ended September 30, 2024, the first earnings report since its successful initial public offering (“IPO”) which closed on November 29, 2024. In the third quarter of 2024, VENU brought luxury entertainment to life. VENU executed its business plan with the historic launch of its fan founded and fan owned mission with the opening of its first live, ultra-lux entertainment complex in Colorado Springs, Colorado, Ford Amphitheater. Colorado Ford Dealerships purchased the naming rights for ten years for $13 million, one of the largest amphitheater sponsorships in history. This $70 million state-of-the-art facility hosted its Grand Opening weekend in August 2024 with an energetic, sold-out crowd featuring GRAMMY award winner, Ryan Tedder and his globally recognized band, OneRepublic. Designed to host over 8,000 music fans per show, Ford Amphitheater features 92 custom build luxury fire-pits suites, a unique feature to all VENU owned and planned amphitheaters. Nominated by Pollstar Magazine for 2024 Best New Concert Venue of the Year, Ford Amphitheater welcomed over 96,000 music fans from over 5,500 different zip codes from all 50 states in its limited first season. While only hosting 17 shows in August and September (compared to a typical touring season of up to 60 shows running April to November), the Ford Amphitheater featured internationally renowned performers such as Dierks Bentley, Robert Plant, Lauren Daigle and more. Now entering its first full season in 2025, the Ford Amphitheater is off to a rocking start. With an initial set of shows announced and on sale for the 2025 season, and many more in the pipeline, the Ford Amphitheater is actively booking an exciting lineup through its partnership with AEG Presents Rocky Mountains. VENU is also on schedule to unveil its highly anticipated $35 million dining and entertainment collection in 2025, strategically developed to sit along the east perimeter of Ford Amphitheater. Designed for year-round service, the innovative development will cater to guests during shows and beyond, featuring upscale restaurants and bars, Owners Clubs, and vibrant social and private event spaces. said J.W. Roth, the Company’s Founder, Chairman and Chief Executive Officer. J.W. Roth continued: Monday, December 23, 2024, 4:30 p.m. Eastern Time USA/Canada Toll-Free Dial-In Number: (800) 715-9871 International Toll Dial-In Number: +1 (646) 307-1963 Conference ID: 9521412 Webcast Link: Webcast Replay - available through December 23, 2025, at Venu Holding Corporation ("VENU") (NYSE American: VENU), founded by Colorado Springs entrepreneur J.W. Roth, is a premier hospitality and live music venue developer dedicated to crafting luxury, experience-driven entertainment destinations. VENU’s campuses in Colorado Springs, Colorado, and Gainesville, Georgia, each feature Bourbon Brothers Smokehouse and Tavern, The Hall at Bourbon Brothers, and unique to Colorado Springs, Notes Eatery and the 8,000-seat Ford Amphitheater. Expanding with new Sunset Amphitheaters in Oklahoma and Texas, VENU’s upcoming large-scale venues will host between 12,500 and 20,000 guests, continuing VENU’s vision of redefining the live entertainment experience. VENU has been recognized nationally by , , , , , and for its innovative and disruptive approach to live entertainment. Through strategic partnerships with industry leaders such as AEG Presents and NFL Hall of Famer and Founder of EIGHT Elite Light Lager, Troy Aikman, VENU continues to shape the future of the entertainment landscape. For more information, visit venu.live Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the SEC, not limited to Risk Factors relating to its business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law. $ 35,796,857 $ 20,201,104 226,871 185,746 1,171,226 209,215 1,370,710 - 38,565,664 20,596,065 125,756,511 57,737,763 227,956 277,995 1,446,793 3,685,980 550,000 550,000 50,878 375,904 128,032,138 62,627,642 5,822,922 2,565,460 13,137,911 698,369 316,927 331,457 2,209,107 764,081 8,583,275 - 371,111 230,952 208,510 325,245 30,649,763 4,915,564 1,109,006 3,646,385 6,800,000 1,500,000 14,001,634 11,182,073 383 1,960 - 30,306 35,915 - - - 121,914,521 47,743,085 (41,073,711 ) (17,021,453 ) 80,877,108 30,753,898 (1,500,076 ) (76 ) 79,377,032 30,753,822 34,660,367 31,225,863 $ 2,740,411 $ 2,892,082 $ 8,144,605 $ 6,706,719 2,002,572 961,222 4,663,228 1,838,736 708,992 58,075 759,123 140,120 653,178 712,026 1,901,590 1,530,107 435,841 407,889 1,727,311 634,368 1,152,909 1,188,574 3,358,871 2,572,382 333,192 363,032 975,756 863,850 5,449,396 3,428,774 24,279,184 9,944,662 1,103,720 565,355 2,319,513 1,279,510 (1,162,663 ) (92,252 ) (2,717,849 ) (222,812 ) - - (2,500,000 ) - - - - (11,947 ) 276,452 - 502,962 20,153 35,000 38,610 97,500 109,179 (851,211 ) (53,642 ) (4,617,387 ) (105,427 ) (595,251 ) (33,707 ) (1,560,398 ) (538,133 ) 2024 2023 $ (25,612,656 ) $ (8,244,731 ) 448,150 - 3,927,325 273,380 7,000,000 1,742,974 579,981 - 1,985,568 1,434 268,635 363,149 - (11,678 ) 2,319,513 1,279,510 2,500,000 - (41,125 ) (93,060 ) (962,011 ) 205,157 325,026 (215,904 ) 3,233,914 (1,670,904 ) 12,439,542 54,576 (1,370,710 ) - (14,530 ) (113,865 ) 1,445,026 248,542 (235,641 ) (336,794 ) 5,100,000 - 13,336,007 (6,518,214 ) (61,615,767 ) (19,190,024 ) 74,085 - (61,541,682 ) (19,190,024 ) 29,900,282 10,950,000 (893,082 ) (548,830 ) (232,327 ) (144,431 ) 30,426,503 14,512,268 52 82,600 (100,000 ) - (1,500,000 ) (76 ) 6,200,000 - 63,801,428 24,851,531 15,595,753 (856,707 ) 20,201,104 23,470,734 $ 35,796,857 $ 22,614,027 $ 296,593 $ 234,197 $ - $ 4,402,392 $ 10,000,000 $ - $ 3,000,140 $ - $ 100,000 $ - $ 200,000 $ - $ 3,267,000 $ - $ 471,476 $ - View source version on : For media requests, connect with Chloe Hoeft 719-895-5470 KEYWORD: COLORADO UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: ENTERTAINMENT MUSIC EVENTS/CONCERTS SOURCE: Venu Holding Corporation Copyright Business Wire 2024. PUB: 12/23/2024 04:10 PM/DISC: 12/23/2024 04:10 PMIt’s Monday, December 23, and the Washington Wizards (4-22) and Oklahoma City Thunder (22-5) are all set to square off from Paycom Center in Oklahoma City. The Wizards are currently 1-11 on the road with a point differential of -15, while the Thunder have a 8-2 record in their last ten games at home. We’ve got all the info and analysis you need to know ahead of the game, including the latest info on the how to catch tipoff, odds, recent team performance, player stats, and of course, our predictions, picks & best bets for the game from our modeling tools and staff of experts. Listen to the Rotoworld Basketball Show for the latest fantasy player news, waiver claims, roster advice and more from our experts all season long. Click here or download it wherever you get your podcasts. Game details & how to watch Wizards vs. Thunder live today Date: Monday, December 23, 2024 Time: 8:00 pm EST Site: Paycom Center City: Oklahoma City, OK Never miss a second of the action and stay up to date with all the latest team stats and player news. Check out our day-by-day NBA schedule page , along with detailed matchup pages that update live in-game. Game odds for Wizards vs. Thunder The latest odds as of Monday: Odds: Wizards (+1160), Thunder (-2439) Spread: Thunder -18 Over/Under: 223 points That gives the Wizards an implied team point total of 110.79, and the Thunder 120.15. Want to know which sportsbook is offering the best lines for every game on the NBA calendar? Check out the NBC Sports’ Live Odds tool to get all the latest updated info from DraftKings, FanDuel, BetMGM & more! Expert picks & predictions for Monday’s Wizards vs. Thunder game NBC Sports Bet Best Bet Vaughn Dalzell (@VmoneySports) loves OKC’s defense: Alexandre Sarr Under 13.5 Points + Assists (-120) “Sarr is on a nice scoring stretch of 10 or more points in six straight and nine of the past 10, but that will likely come to an end versus Oklahoma City. The Thunder have the second-ranked defensive net rating in December and will challenge Sarr from three (31.2% allowed in Dec.) after he’s made 42.9% of his triples this month. Sarr averages 4.0 potential assists per game in December, so he’s not much of a threat to set up his teammates either. I like his Under 13.5 P+A and his Under 20.5 PRA as a pivot.” Please bet responsibly. If you or someone you know has a gambling problem, call the National Gambling Helpline at 1-800-522-4700. Our model calculates projections around each moneyline, spread and over/under bet for every game on the NBA calendar based on data points like recent performance, head-to-head player matchups, trends information and projected game totals. Once the model is finished running, we put its projections next to the latest betting lines for the game to arrive at a relative confidence level for each wager. Here are the best bets our model is projecting for today’s Wizards & Thunder game: Moneyline: NBC Sports Bet is staying away from a play on the Moneyline. Spread: NBC Sports Bet is leaning towards a play ATS on the Washington Wizards at -18. Total: NBC Sports Bet is staying away from a play on the Game Total of 223.00. Want even more NBA best bets and predictions from our expert staff & tools? Check out the Expert NBA Predictions page from NBC Sports for money line, spread and over/under picks for every game on today’s calendar! Important stats, trends & insights to know ahead of Wizards vs. Thunder on Monday · The Thunder have won their last 11 games against teams with worse records · 4 of the Wizards’ last 5 road games against the Thunder have gone OVER the Total · The Thunder have covered in 4 of their last 5 games If you’re looking for more key trends and stats around the spread, moneyline and total for every single game on the schedule today, check out our NBA Top Trends tool on NBC Sports! Bet the Edge is your source for all things sports betting. Get all of Jay Croucher and Drew Dinsick’s insight weekdays at 6AM ET right here or wherever you get your favorite podcasts. Follow our experts on socials to keep up with all the latest content from the staff: - Jay Croucher (@croucherJD) - Drew Dinsick (@whale_capper) - Vaughn Dalzell (@VmoneySports) - Brad Thomas (@MrBradThomas)
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COLORADO SPRINGS, Colo. (AP) — Ethan Taylor's 21 points helped Air Force defeat Mercyhurst 82-48 on Sunday night. Taylor added 10 rebounds for the Falcons (2-4). Wesley Celichowski scored 14 points, going 6 of 11 and 2 of 3 from the free-throw line. Luke Kearney had 12 points and shot 4 for 5 from beyond the arc. The Lakers (4-3) were led by Aidan Reichert, who posted 11 points. Jeff Planutis added 10 points for Mercyhurst. Mykolas Ivanauskas also had seven points, six rebounds and three blocks. Air Force took the lead with 15:21 left in the first half and never looked back. The score was 31-24 at halftime, with Taylor racking up nine points. Air Force extended its lead to 45-26 during the second half, fueled by a 14-0 scoring run. Taylor scored a team-high 12 points in the second half as Air Force closed out the win. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .NEW YORK (AP) — The challenge of photographing Christmastime in New York is that there is so much of it. Read this article for free: Already have an account? To continue reading, please subscribe: * NEW YORK (AP) — The challenge of photographing Christmastime in New York is that there is so much of it. Read unlimited articles for free today: Already have an account? NEW YORK (AP) — The challenge of photographing Christmastime in New York is that there is so much of it. The big tree in Rockefeller Center. Ice skating in Central Park. The Rockettes at Radio City Music Hall. All those lavish, holiday-themed department store window displays. This is the iconic New York tourists come to see. Visitors know it well from movies and television. But millions of New Yorkers experience these remarkable sights in a different way. For them, this is home. Those department stores might be where they shop for presents. That famous rink might be where they take their kid to skate after school. Over several weeks, Associated Press photographer Julia Nikhinson found ways to document both the familiar and unfamiliar sides of the holiday season in the city. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. She found storybook images, like neighborhood carolers and an urban garden ablaze with light, while also capturing the city’s weirder side, including a holiday-themed burlesque show, a guy who roams the city impersonating a Christmas tree and an invasion of hard-drinking Santas. And she photographed some of the ways a New York Christmas is different, like carrying a tree home under your arm after work because you don’t own a car. Advertisement AdvertisementEthan Taylor scores 21 as Air Force takes down Mercyhurst 82-48