Category: Accesswire

Digi Power X Provides Clarification on US Data Centers Transaction
This news release constitutes a “designated news release” for the purposes of the Company’s amended and restated prospectus supplement dated November 18, 2025, to its short form base shelf prospectus dated May 15, 2025.

MIAMI, FL / ACCESS Newswire / March 16, 2026 / Digi Power X Inc. (“Digi Power X” or the “Company”) (Nasdaq:DGXX)(Cboe Canada:DGX) provides an update on its news release of March 13, 2026, regarding the launch of the next phase of development of US Data Centers, Inc. (“USDC”). This news release is intended to clarify USDC’s corporate structure for shareholders, partners and other stakeholders of the Company. USDC’s business is limited to the manufacturing and distribution of the ARMS system, a turnkey modular AI data center system. USDC does not own or operate Digi Power X data center sites and does not participate in site-level revenue. All revenue generated from Digi Power X-owned properties belongs 100% to Digi Power X. Digi Power X currently holds a 55% majority equity stake in USDC.

USDC at a Glance

US Data Centers, Inc. is an equipment manufacturing and distribution company focused exclusively on the ARMS – a turnkey modular AI data center system marketed to enterprises, utilities and developers with powered land. USDC does not own or operate any data center sites. Digi Power X currently holds a majority equity stake in USDC, while the co-founding management team, including Hans Vestberg, former Chief Executive Officer of Verizon Communications, holds approximately 35% in founder equity. Seed institutional investors hold the remaining equity.

Complete Separation of Assets and Revenue

Digi Power X confirms the following:
- All ARMS pods deployed at Digi Power X-owned sites, all GPUs within those sites and all related revenues – including colocation, managed services and contracted deployments – belong 100% to Digi Power X. USDC has no claim on any pod, GPU or site revenue.
- All Digi Power X assets, including its data center facilities, infrastructure, ARMS pods, GPUs, technology and proprietary systems, remain solely owned by Digi Power X.
- All pipeline contracts and strategic agreements in development remain entirely with Digi Power X.
- USDC’s role is limited to the manufacturing and distribution of ARMS equipment. Upon sale to Digi Power X and deployment of ARMS pods at a Digi Power X site, the pods and all GPUs within them become the exclusive property of Digi Power X. USDC retains no ownership interest, profit participation or contractual claim on any Digi Power X pod, GPU, site, asset, revenue or business opportunity.
- Any future equipment Digi Power X purchases from USDC will be at cost.
Introducing US Data Centers Inc.: A New Revenue Opportunity

The formation of USDC as an independent subsidiary was not a reactive measure. It was announced in February 2025 as a deliberate long-term strategy – to build USDC as a dedicated, standalone AI infrastructure platform. USDC serves enterprises, utilities and developers with powered land who need a fast, scalable path to AI compute infrastructure. USDC’s business is selling the equipment – not owning or operating any sites itself.

USDC will commercialize the ARMS modular data center system, a turnkey modular AI data center system that can convert a powered site into an operational AI data center in a fraction of the time required by conventional construction. USDC will manufacture and sell the ARMS system, while its customers will own and operate their own sites. All revenues from Digi Power X-owned deployments of its own ARMS systems belong exclusively to Digi Power X.

“Digi Power X is not sharing its business – it is expanding it. Every asset, every pod, every GPU and every dollar of revenue at our sites belongs entirely to Digi Power X.

USDC is a separate engine built to capture a separate market. We own 55% of that engine, and it costs our shareholders nothing, with only upside for Digi Power X.“

– Michel Amar, Chairman & CEO, Digi Power X Inc.

Digi Power X Continues to Execute on its Core Mission

Digi Power X remains focused on its core business: developing, owning and operating data center facilities and delivering enterprise colocation and AI/GPU infrastructure services.

USDC is not a change to Digi Power X’s strategy. Rather it is an expansion into an adjacent market through a new product line supported by a dedicated team and separate capitalization path.

Investor & Analyst Clarification: Transaction Structure Q&A

Digi Power X addresses below the most commonly raised questions by investors and analysts about USDC’s formation and structure.

1. Why is USDC being developed as an independent company rather than an internal division of Digi Power X?

Establishing USDC as a standalone entity was a deliberate choice designed to maximize value for Digi Power X shareholders. The rationale rests on five pillars:

Dedicated Capitalization Without Parent Dilution

USDC can raise institutional capital at the subsidiary level without Digi Power X issuing additional shares. If USDC were an internal division, funding AI hardware growth would likely require parent-level equity financings.

Focus and Execution: Keeping Manufacturing Separate

Building a scaled manufacturing and distribution organization requires distinct capabilities – supplier qualification, inventory management, QA/QC, logistics, warranty support and a specialized sales channel – that differ from developing and operating AI data center sites. Housing this function in USDC allows Digi Power X to remain capital- and execution-focused on site development and contracted GPU deployments, while USDC scales the ARMS product line with dedicated governance and a separate balance sheet. Importantly, Digi Power X purchases ARMS systems at cost and owns ARMS systems deployed at its sites, and USDC retains no ownership interest or participation in Digi Power X site-level revenue.

Enterprise and Government Contracting Requirements

Large enterprises, hyperscalers and U.S. federal agencies often require procurement through a dedicated standalone legal entity. USDC operates with its own legal identity, balance sheet and governance, supporting the institutional procurement relationships central to its revenue model.

Talent Attraction Through Meaningful Co-Founder Equity

Hans Vestberg alone – as former CEO of one of the world’s largest telecommunications companies – represents a relationship asset that could not be purchased at any price.

Preserved Optionality for an Independent Liquidity Event

As an independent entity, USDC maintains the flexibility to pursue an IPO or strategic transaction in the future. Digi Power X’s equity stake would be valued at market pricing in any such event, creating potential liquidity optionality for Digi Power X shareholders.

2. Will the transaction impact Digi Power X’s revenues?

This is an important question for Digi Power X shareholders and the Company welcomes the opportunity to provide further clarification.

USDC’s Business is Completely Separate from that of Digi Power X

The formation of USDC as a standalone business will not impact the current revenue stream of Digi Power X. All revenues generated directly by Digi Power X remain the exclusive revenues of the Company, and USDC has no claim over any of them. USDC is strictly an additive, separate venture and any revenue generated by USDC through the manufacturing and distribution of AI infrastructure equipment is revenue that would otherwise not be generated by Digi Power X. Through the formation of USDC as a standalone venture, Digi Power X will receive the benefit of additional revenue from manufacturing and distribution of ARMS systems through its equity position in USDC.

Digi Power X Financial Position and Near-Term Milestones

For full context, Digi Power X provides the following financial summary as of the date of this news release:
- $80 million in cash and cash equivalents. Digi Power X holds a strong liquidity position in cash, Bitcoin, Ethereum and cash deposits (based on Bitcoin and Ethereum prices as of March 16, 2026 per CoinMarketCap), with zero debt outstanding.
- $15 million in capital expenditures year to date, fully funded from existing cash with no external financings in fiscal 2026.
- Zero share dilution from equity financings of Digi Power X in fiscal 2026. The Company has not issued any new shares in connection with an equity financing in the current fiscal year to date, emphasizing the Company’s focus on minimizing shareholder dilution.
- Fully owned sites. The Company owns all 4 of its sites, including its combined cycle power plant, with a total of approximately 400MW of secured power capacity across its sites.
- ARMS200 Deployment. The Company’s ARMS200 system in Alabama is currently in its commissioning phase, with go-live targeted for late March 2026 and first revenues currently expected in April 2026.
Summary

Digi Power X is establishing USDC as an independent subsidiary to unlock dedicated capitalization, enterprise contracting capability, world-class co-founder talent and long-term liquidity optionality. All Digi Power X assets, revenue streams and planned initiatives remain exclusively owned by Digi Power X. USDC is an independent, additive venture with no claim on existing or planned Digi Power X revenue or assets.

About Digi Power X

Digi Power X is an energy-efficient digital infrastructure company focused on the development of next-generation data centers and energy solutions designed to power the future of high-performance computing.

About US Data Centers, Inc.

US Data Centers, Inc. is an equipment manufacturing and distribution company. Its sole product is the ARMS system, a turnkey modular AI data center system designed to convert powered land into operational AI compute infrastructure rapidly and at scale.

For further information, please contact:
Michel Amar, Chief Executive Officer
Digi Power X Inc.
www.digipowerx.com
Investor Relations: T: 888-474-9222 | Email: IR@digihostpower.com

Cautionary Statement

Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Cboe Canada does not accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

Except for the statements of historical fact, this news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. Forward-looking information in this news release includes statements regarding goals, expectations and targets for the business of USDC. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “goals,’ “projects,” “contemplates,” “believes,” “estimates,” “forecasts,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions. The forward-looking information is subject to a variety of known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: delivery of equipment and implementation of systems may not occur on the timelines anticipated by the Company or at all; future capital needs and uncertainty regarding USDC’s ability to raise additional capital; reduction in the Company’s economic interest in USDC resulting from expected further equity issuances by USDC; the Company’s lack of voting control over USDC; revenue may not earned by USDC on the timelines anticipated, or at all; the ability of USDC to attract target customers; costs associated with the development, manufacturing and deployment of AI infrastructure; global demand for AI computing infrastructure; further improvements to profitability and efficiency may not be realized; and other related risks, some of which are more fully set out in the Annual Information Form of the Company and other documents disclosed under the Company’s filings at www.sedarplus.ca and www.SEC.gov/EDGAR. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainties therein. The Company undertakes no obligation to revise or update any forward-looking information other than as required by applicable law.

SOURCE: Digi Power X Inc.

View the original press release on ACCESS Newswire
March 16, 2026
Eskay Continues to Build its EXPLORATION TEAM for the 2026 Season

TORONTO, ON / ACCESS Newswire / March 16, 2026 / Eskay Mining Corp. (“Eskay” or the “Company”) (TSXV:ESK)(OTC PINK:ESKYF)(Frankfurt:KN7)(WKN:A0YDPM) is pleased to announce the addition of three industry-wide renowned experts to the Eskay Team.

Mr. Ken Konkin has agreed to become a Technical Advisor to the Eskay Exploration Team. He will be joined by Steve Cook, P. Geo. and Todd Ballantyne, P. Geo. as consultants to the Company.

Mr. Konkin, P. Geo., was instrumental in the discovery of Eskay’s neighbouring Valley of the Kings 8-million-ounce gold deposit now owned by Newmont. He has over 40 years of geological experience throughout North and South America as well as Russia. Mr. Konkin worked for Silver Standard for 19 years and managed advanced exploration programs at Manantial Espejo (Argentina), San Luis and Berenguela (Peru) as well as Snowfields (Canada) in the Golden Triangle, BC. Ken is a co-recipient of the prestigious H.H. ‘Spud’ Huestis Award for ‘excellence in prospecting and mineral exploration in B.C. and/or Yukon’.

Currently, Mr. Konkin is the Senior Vice President, Exploration for Tudor Gold Corp. At Treaty Creek, within the heart of the Golden Triangle, Ken also led the exploration team to the discovery of one of the worlds’ largest gold-copper deposits in the past 30 years. He is also the President and CEO of Goldstorm Metals Corp, a spin-off from Tudor Gold. Goldstorm Metals Corp is the 100% owner of the adjacent property on trend south of Seabridge Gold’s KSM Project and Newmont’s Brucejack Mine.

Mr. Konkin graduated from the University of British Columbia with a Bachelor of Science degree in geology. He is a Professional Geologist in mineral exploration registered with the Association of Professional Engineers and Geoscientists of British Columbia.

Mac Balkam, President & C.E.O. of Eskay explained “Having Ken on the team at this important stage of exploration at the Vermillion – TM trend, will be a game changer.”

Clinton Smyth, Chief Geologist for Eskay further commented “I am very excited to work closely with Ken, a world-class geologist, on Eskay’s world-class property. Leveraging on Ken’s deep knowledge of our area will be invaluable to Eskay.” He went on to say “Importantly, Steve Cook and Todd Ballantyne, two additional experts from the field of geochemistry and geophysics have joined our team”.

Steve Cook, P. Geo., will provide his deep geochemistry expertise to the Eskay team as a consultant. Steve was formally Chief Geochemist at Teck Resources and previous to that held technical roles at Anglo America Exploration Canada and the British Columbia Geological Survey. Mr. Cook holds a M.Sc. from the University of British Columbia. Todd Ballantyne, P. Geo, and a consulting geophysicist with 38 years of global experience will also join as a consultant. Todd holds a B.Sc. in Geophysics from the University of British Columbia and he will work alongside Tom Weis, P. Geo., company director and previous Chief Geophysicist at Newmont Mining (worldwide) to capitalise on the abundance of geophysics data that has been collected property-wide over the past thirty years.

Qualified Person

Clinton Smyth, P. Geo., Chief Geologist for the Company, a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical contents of this news release.

About Eskay Mining Corp:

Eskay Mining Corp (TSX-V:ESK) is a TSX Venture Exchange listed company, headquartered in Toronto, Ontario. Eskay is an exploration company focused on the exploration and development of precious and base metals along the Eskay rift in a highly prolific region of northwest British Columbia known as the “Golden Triangle,” 70km northwest of Stewart, BC. The Company currently holds mineral tenures in this area comprised of 177 claims (52,600 hectares).

All material information on the Company may be found on its website at www.eskaymining.com and on SEDAR+ at www.sedarplus.com.

For further information, please contact:

Mac Balkam
President & Chief Executive Officer
T: 416 907 4020
E: Mac@eskaymining.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

SOURCE: Eskay Mining Corp.

View the original press release on ACCESS Newswire

March 16, 2026
Jeff Krieger of TMG The Mortgage Group Recognized with Consumer Choice Award for Mortgage Broker in London and Greater Region

LONDON, ON / ACCESS Newswire / March 16, 2026 / Jeff Krieger of TMG The Mortgage Group, OMAC Division, has been named the 2026 Consumer Choice Award winner in the category of Mortgage Broker for the London and Greater Region. The recognition reflects his longstanding commitment to trusted advice, personalized service, and tailored financing solutions for homebuyers and homeowners.

The Consumer Choice Award is based on independent market research and identifies businesses that are top-ranked by consumers in their category. For Jeff, the 2026 honour highlights three decades of experience serving clients in London and helping them navigate one of life’s most important financial decisions.

Jeff is part of TMG The Mortgage Group, an award-winning national Canadian mortgage company established in 1990. With hundreds of accredited mortgage professionals from coast to coast, TMG has helped thousands of Canadians secure competitive financing solutions through its extensive network of nationwide lending partners.

As a mortgage agent with 30 years of industry experience in London, he combines national resources with local insight. His approach centres on understanding each client’s financial goals, whether purchasing a first home, upgrading to a new property, investing in real estate, or refinancing an existing mortgage. By evaluating a wide range of lending options, he works to secure solutions that align with both immediate needs and long-term financial plans.

Clients value his transparent communication and commitment to providing clear guidance throughout the mortgage process. From pre-approval to closing, he prioritizes education and informed decision-making, ensuring clients feel confident in their choices. His experience allows him to anticipate challenges, identify opportunities, and structure financing in a way that supports stability and growth.

“Receiving the Consumer Choice Award is a tremendous honour,” said Jeff. “I am grateful to the clients who have trusted me over the years and to the community that continues to support my work. My goal has always been to provide honest advice and secure the right mortgage solution for each individual situation.”

The 2026 Consumer Choice Award underscores Jeff’s reputation as a trusted Mortgage Broker in the London and Greater Region. Backed by the strength and reach of TMG The Mortgage Group, he continues to deliver personalized service supported by a broad network of lending partners across Canada.

About Jeff Krieger, TMG The Mortgage Group
Jeff Krieger is a mortgage agent with TMG The Mortgage Group, OMAC Division, serving the London and Greater Region. With 30 years of industry experience, he provides personalized mortgage solutions for home purchases, refinancing, and investment properties. As part of TMG, a national Canadian mortgage company established in 1990, Jeff Krieger offers clients access to a wide network of lending partners while delivering trusted local expertise and dedicated service. For more information, visit www.jeffkrieger.ca .

About Consumer Choice Award
Consumer Choice Award has been recognizing and promoting business excellence in North America since 1987. Its rigorous selection process ensures that only the most outstanding service providers in each category earn this prestigious recognition. Visit www.ccaward.com to learn more.

Contact Information
Sumi Saleh
Communications Manager
ssaleh@ccaward.com

SOURCE: Consumer Choice Award

View the original press release on ACCESS Newswire

March 16, 2026
Levi’s 4 Floors Receives 2026 Consumer Choice Award for Excellence in Carpet & Flooring Retail

COLUMBUS, OH / ACCESS Newswire / March 16, 2026 / Levi’s 4 Floors has been named the 2026 Consumer Choice Award winner in the Carpet & Flooring Retailer category for Columbus. This recognition reflects the company’s longstanding commitment to quality products, professional installation, and a customer-first approach that has defined its reputation in Central Ohio for nearly four decades.

Established in 1986, Levi’s 4 Floors has grown into one of the region’s most trusted flooring destinations. Serving homeowners, builders, and businesses throughout the Columbus area, the company offers an extensive selection of carpet, hardwood, luxury vinyl, laminate, tile, and area rugs. Each product line is carefully curated to provide durability, style, and value across a wide range of design preferences and budgets.

“Winning the 2026 Consumer Choice Award in the Carpet & Flooring Retailer category is an incredible honour for us,” said the Levi’s 4 Floors team. “For nearly 40 years, we have built our business on honesty, integrity, and respect. This recognition reinforces our commitment to delivering an exceptional flooring experience from start to finish.”

Levi’s 4 Floors distinguishes itself through a comprehensive, service-driven process. From the initial showroom consultation to in-home measurements and final installation, customers are guided by knowledgeable flooring specialists who prioritize clarity and attention to detail. The company’s experienced installation crews ensure that every project is completed to exacting standards, combining craftsmanship with efficiency to minimize disruption to homeowners.

In addition to residential projects, Levi’s 4 Floors supports commercial clients with flooring solutions tailored to performance requirements and aesthetic goals. By understanding the functional demands of high-traffic spaces and business environments, the team provides recommendations that balance durability with visual appeal.

The company’s showroom serves as a design resource for the community, allowing customers to explore a wide variety of textures, finishes, and materials in one convenient location. Whether updating a single room or undertaking a full-home renovation, clients benefit from personalized guidance that simplifies the decision-making process.

Levi’s 4 Floors’ longevity in the Columbus market reflects more than product expertise. It speaks to the relationships built with generations of homeowners who value transparency, reliable timelines, and professional results. By maintaining strong partnerships with leading manufacturers and investing in ongoing team training, the company continues to adapt to evolving design trends and technological advancements in flooring.

About Levi’s 4 Floors
Founded in 1986, Levi’s 4 Floors is a leading carpet and flooring retailer serving Columbus and Central Ohio. Built on a foundation of honesty, integrity, and respect, the company offers a wide selection of carpet, hardwood, luxury vinyl, laminate, tile, and more, supported by professional installation and dedicated customer service. Levi’s 4 Floors is committed to delivering quality flooring solutions and an exceptional client experience on every project.

About Consumer Choice Award
Consumer Choice Award has been recognizing and promoting business excellence in North America since 1987. Its rigorous selection process ensures that only the most outstanding service providers in each category earn this prestigious recognition. Visit www.ccaward.com to learn more.

Contact Information
Sumi Saleh
Communications Manager
ssaleh@ccaward.com

SOURCE: Consumer Choice Award

View the original press release on ACCESS Newswire

March 16, 2026
Gemstone Window Cleaning Receives 2026 Consumer Choice Award in Hamilton

HAMILTON, ON / ACCESS Newswire / March 16, 2026 / Gemstone Window Cleaning has been named a 2026 Consumer Choice Award recipient in the Window Cleaning category, recognizing its consistent delivery of professional exterior cleaning services across the Greater Hamilton Area.

For eight years, Gemstone Window Cleaning has provided residential and commercial clients with dependable window, gutter, and screen cleaning services. The company’s work focuses on maintaining the appearance and condition of properties through careful, methodical service rather than short-term fixes.

Gemstone Window Cleaning operates with a fully insured and professionally trained team that uses modern equipment and proven techniques to achieve clear, streak-free results. Each service is completed with attention to detail and efficiency, allowing clients to maintain clean, polished properties without disruption to their daily routines.

The company’s services are designed to support both homeowners and businesses looking for reliable exterior maintenance. By combining skilled methods with updated tools, Gemstone Window Cleaning delivers consistent outcomes that contribute to long-term property care.

Customer experience plays a central role in the company’s approach. Clear communication, punctual service, and respect for client spaces are treated as essential parts of every job. This steady, professional model has helped Gemstone Window Cleaning build lasting relationships throughout the Hamilton region.

“This recognition reflects the work our team puts into every property we service,” said the team at Gemstone Window Cleaning. “Our goal has always been to provide reliable, high-quality cleaning that saves our clients time and keeps their spaces looking well cared for.”

Consumer Choice Award acknowledges businesses that maintain strong standards and community trust within their field. For Gemstone Window Cleaning, the recognition aligns with years of consistent service and a focus on quality results.

As the company continues its work across Hamilton, Gemstone Window Cleaning remains committed to delivering dependable exterior cleaning services supported by training, modern equipment, and professional care.

About Gemstone Window Cleaning
Gemstone Window Cleaning provides window, gutter, and screen cleaning services to residential and commercial properties across the Greater Hamilton Area. With eight years of experience, the company is fully insured and staffed by professionally trained technicians who use modern equipment to deliver reliable, streak-free results. To learn more, visit www.gemstonewindowcleaning.com.

About Consumer Choice Award
Consumer Choice Award has been recognizing and promoting business excellence in North America since 1987. Its rigorous selection process ensures that only the most outstanding service providers in each category earn this prestigious recognition. Visit www.ccaward.com to learn more.

Contact Information
Sumi Saleh
Communications Manager
ssaleh@ccaward.com

SOURCE: Consumer Choice Award

View the original press release on ACCESS Newswire

March 16, 2026
Ideal Siding Recognized as 2026 Hamilton Consumer Choice Award Winner in Siding

HAMILTON, ON / ACCESS Newswire / March 16, 2026 / Ideal Siding has been recognized as Hamilton’s 2026 Consumer Choice Award winner in the Siding category. This distinction reflects the company’s strong reputation for quality craftsmanship, dependable service, and exceptional customer satisfaction in exterior home renovations.

Serving homeowners across Hamilton and the surrounding region, Ideal Siding is known for delivering high-performance exterior solutions that enhance curb appeal while protecting homes against Ontario’s changing climate. From the initial consultation to project completion, the team focuses on precision, transparency, and a seamless customer experience.

“At Ideal Siding, we believe your home’s exterior should be as enduring as the memories you make inside it,” said the Ideal Siding Hamilton team. “Being named the 2026 Consumer Choice Award winner in Siding is an honour that speaks to the trust our clients place in us and the pride our team takes in every project.”

Ideal Siding specializes in comprehensive exterior transformations, offering professional installation of vinyl siding, fibre cement siding, engineered wood siding, soffit and fascia, eavestrough systems, and related exterior upgrades. Each project is tailored to the homeowner’s style preferences, functional needs, and long-term investment goals. By combining premium materials with skilled workmanship, the company ensures results that are both visually striking and built to last.

Hamilton’s diverse housing landscape requires a thoughtful and customized approach. Whether working on a historic home or a modern build, Ideal Siding carefully evaluates structural considerations, insulation performance, and design cohesion. The result is an exterior renovation that improves durability, energy efficiency, and overall property value.

The Consumer Choice Award is determined through independent consumer research that evaluates reputation, service quality, and overall client satisfaction. Being selected as the 2026 winner in the Siding category highlights Ideal Siding’s consistent dedication to excellence and its strong standing within the Hamilton community.

Beyond technical expertise, Ideal Siding prioritizes clear communication and professionalism. Clients can expect detailed project planning, accurate timelines, transparent pricing, and a respectful work environment that minimizes disruption. This client-first philosophy has played a key role in building long-term relationships and repeat business throughout the region.

As Ideal Siding continues to grow, the Hamilton team remains focused on maintaining the high standards that earned this recognition. Ongoing training, quality control, and a commitment to innovation ensure that homeowners receive modern solutions backed by proven installation practices.

About Ideal Siding
Ideal Siding is a dedicated exterior renovation franchise specializing in high-quality siding installation and complete exterior transformations. With a passion for excellence and a personalized approach, the company helps homeowners enhance curb appeal while safeguarding their investment. Through expert workmanship, premium materials, and attentive customer service, Ideal Siding delivers durable, visually appealing solutions designed to stand the test of time. Learn more at www.idealsiding.com.

About Consumer Choice Award
Consumer Choice Award has been recognizing and promoting business excellence in North America since 1987. Its rigorous selection process ensures that only the most outstanding service providers in each category earn this prestigious recognition. Visit www.ccaward.com to learn more.

Contact Information
Sumi Saleh
Communications Manager
ssaleh@ccaward.com

SOURCE: Consumer Choice Award

View the original press release on ACCESS Newswire

March 16, 2026
SMX Technology Secures Global Energy Supply Chains, Protecting Oil and Gas Investments

NEW YORK CITY, NY / ACCESS Newswire / March 16, 2026 / In global energy markets, prices swing, geopolitics shifts, and supply routes can change overnight. In an industry defined by volatility, verification has become one of the most valuable assets. SMX (Security Matters) PLC (NASDAQ:SMX)(NASDAQ:SMXWW) delivers that verification through its advanced traceability technology, enabling crude oil, refined fuels, and petrochemical products to carry a verifiable identity as they move through global supply chains-helping protect the massive investments that power the world’s energy economy while providing stakeholders with answers and solutions in real time.

Thanks to SMX’s traceability technology, the benefits extend across the entire energy ecosystem. Oil and gas producers can safeguard the integrity and value of their products. Shippers and commodity traders gain verification that materials remain authentic as they move through global transport networks. Refiners and fuel retailers can confirm the origin and authenticity of the inputs entering their operations. Governments and regulators gain stronger tools for sanctions enforcement, compliance monitoring, and supply-chain transparency. Financial markets and investors benefit from greater confidence in the authenticity and movement of the energy assets underlying global trading and investment activity.

Each year, trillions of dollars’ worth of petroleum commodities move through pipelines, tankers, storage terminals, refineries, and international trading hubs. These vast supply chains span multiple jurisdictions and involve numerous intermediaries. Along the way, materials may be blended, substituted, diluted, mislabeled, or rerouted-creating financial, regulatory, and reputational risks for companies operating within the system.

SMX’s platform addresses this challenge by embedding microscopic, invisible markers directly into physical commodities. Once applied, these markers allow oil, fuel, and petrochemical materials to carry a persistent signature that can be detected and authenticated throughout production, transportation, storage, blending, and final delivery.

Unlike traditional documentation-based tracking systems, SMX’s technology links verification directly to the material itself. The commodity becomes its own proof of identity.

By connecting a material’s signature to SMX’s secure digital verification infrastructure, companies can establish an auditable record confirming where commodities originated and how they moved through the supply network. This physical-to-digital identity framework strengthens transparency across global energy markets while helping safeguard the value of energy assets and the investments behind them.

Energy infrastructure represents some of the largest capital investments in the global economy. Ensuring that materials moving through pipelines, refineries, storage facilities, and trading networks are authentic is increasingly essential to protecting both operational systems and financial investments.

SMX’s markers integrate seamlessly into existing industrial processes without altering the composition or performance of the commodity itself. They can be introduced during production or refining and verified later using proprietary detection systems.

In a global energy system where markets react instantly and geopolitical events can disrupt supply overnight, SMX provides something increasingly essential: verification embedded directly within the materials powering the world economy-delivering real-time answers and actionable intelligence for the stakeholders responsible for producing, transporting, regulating, and investing in energy.

Contact: Jeremy Murphy / jeremy@360bespoke.com

SOURCE: SMX (Security Matters) Public Limited

View the original press release on ACCESS Newswire

March 16, 2026
GEN Receives Ethical Approval to Launch Phase II Clinical Trial for SUL-238 Targeting Mitochondrial Dysfunction in Patients with Parkinson’s Disease

GEN announces approval in the Netherlands to initiate patient enrollment in April 2026 for the Phase II Proof of Concept trial of its novel drug candidate SUL-238, Targeting Mitochondrial Dysfunction in Patients with Parkinson’s Disease.

ANKARA, TR / ACCESS Newswire / March 16, 2026 / GEN Pharmaceuticals (GENIL.IS), Türkiye’s leading specialty pharmaceutical company, announced today that it has received approval in the Netherlands from the BEBO Foundation for the Assessment of Ethics of Biomedical Research (Stichting Beoordeling Ethiek Biomedisch Onderzoek) to proceed with Phase II Proof of Concept Trial for SUL-238 Targeting Mitochondrial Dysfunction in Patients with Parkinson’s Disease. With this approval, GEN can now proceed to activate the clinical site in Groningen, the Netherlands. Patient enrollment is planned to start in April 2026.

Details of the Phase II trial, entitled “A Phase 2, Randomized, Double-blind, Placebo-Controlled, Single-Center Study to Assess the effects of SUL-238 on High Energy Phosphates with Magnetic Resonance Spectroscopy (³¹P-MRS) in patients with Early, untreated Parkinson’s Disease (“SHEPHERD” STUDY)” can be viewed at clinicaltrials.gov.

Abidin Gülmüş, Chairman of GEN, stated:
“Following the ethical approval, we look forward to starting patient enrollment in the Netherlands.This Phase 2 trial will be another key milestone toward addressing neurodegenerative diseases at its biological foundation.”

About Parkinson’s Disease
Parkinson’s Disease (PD) is the most common neurodegenerative movement disorder affecting up to 2% of those aged above 60 years. The disease follows a progressive course, and there are still no proven strategies for slowing the progression of PD. Mitochondrial dysfunction and oxidative damage are implicated in the pathophysiology of neurodegenerative disorders, including PD and Alzheimer’s disease. Since mitochondria are highly multifunctional organelles, their integrity is essential for neuronal function and survival.

About SUL-238
SUL-238 is a novel, first-in-class, hibernation-inspired small molecule designed to target mitochondria, the ‘powerhouse’ of the cell. SUL-238 supports mitochondrial bioenergetics via complex I/IV activation and enhances mitochondrial function in various preclinical models for neurodegenerative, cardiovascular, and renal diseases, and also in accelerated aging. SUL-238 exhibits a favourable pharmacokinetic profile and a high cerebrospinal fluid penetration, and has undergone extensive safety evaluation in preclinical and clinical Phase 1 studies. GEN licenses SUL-238 from Sulfateq B.V. for neurodegenerative disease applications.

About GEN:
Founded in 1998, GEN is Türkiye’s leading specialty pharmaceutical company, focused on developing innovative therapies across multiple therapeutic areas. Through significant R&D investments and global collaborations, GEN is committed to advancing healthcare worldwide. The company develops and manufactures high-quality, competitive products at its GMP-certified production facility and continues its bold efforts in original drug development via two dedicated R&D centers.

About Sulfateq:
Sulfateq B.V. is a Dutch biotech company in Groningen (the Netherlands) that fosters strategic collaborations with academic and industrial research centres to accelerate the development of innovative new medicines. It has developed a novel class of small-molecule SUL compounds that maintain mitochondrial health.

For more information:
www.genilac.com.tr
www.sulfateqbv.com

Press Contacts:
Bulutay GÜNEŞ, Sr. Head of Corporate Brand
b.gunes@genilac.com
Fatih GÖREN, Investor Relations Manager
f.goren@genilac.com
Kees van der Graaf, Chief Executive Officer
info@sulfateqbv.com

SOURCE: GEN Ilac ve Saglik Urunleri A.S.

View the original press release on ACCESS Newswire

March 16, 2026
From Vacant Storefronts to New Homes: How Canada’s Dying Malls Are Becoming the Answer to the Housing Crisis

TORONTO, ON / ACCESS Newswire / March 15, 2026 / Across Canada, a quiet transformation is reshaping the commercial real estate landscape – and potentially unlocking one of the country’s most creative solutions to its chronic housing shortage. Empty department stores, struggling suburban malls, and vast underutilized parking lots are becoming the raw material for mixed-use communities, purpose-built rentals, and affordable housing projects. For Ladan Hosseinzadeh Sadeghi, President & CEO of Sky Property Group Inc., this shift represents not just a smart investment thesis, but a necessary evolution in how Canadians think about urban land.

“We have spent decades building out in every direction, and now we are sitting on enormous tracts of underutilized commercial land in the most desirable, serviced parts of our cities,” says Hosseinzadeh Sadeghi. “Adaptive reuse isn’t a workaround – it is one of the most pragmatic and responsible paths forward for housing supply in Canada.”

A National Opportunity Built on Vacant Square Footage

The numbers are striking. Canada lost hundreds of department stores and anchor tenants over the past decade, accelerated by the seismic shift toward e-commerce and further disrupted by the COVID-19 pandemic. Retail vacancy rates in many suburban markets remain elevated, and industry analysts estimate that millions of square feet of formerly productive commercial space sits dormant or dramatically underperforming from coast to coast.

Malls once anchored by Sears, Target, and Hudson’s Bay are now half-empty monuments to a retail era that has passed. But these properties carry something extremely valuable: they sit on large, fully serviced lots with existing road access, utilities, transit proximity, and zoning designations that can often be amended to allow higher-density residential or mixed-use development.

“When I look at a struggling suburban mall, I see fully serviced land in an established neighbourhood,” says Hosseinzadeh Sadeghi. “That is incredibly rare in any major Canadian city today. The infrastructure is already there – water, sewer, roads, power. The community is already there. What’s missing is vision and political will to rezone and redevelop.”

The Economics of Conversion

Adaptive reuse – converting existing structures or redeveloping underutilized commercial sites – is gaining traction with developers, municipal planners, and institutional investors alike. Unlike office-to-residential conversion, which often faces structural and mechanical challenges, large-format retail and surface parking lots offer relatively flexible canvases for reinvention.

The economics vary widely. Some conversions involve gutting and retrofitting existing mall structures into residential lofts, co-living spaces, or community hubs. Others involve full demolition of aging retail boxes to unlock the land beneath for purpose-built mid-rise or high-rise residential towers. In both cases, the savings on land servicing and site preparation can be significant compared to greenfield development.

Cities such as Calgary, Edmonton, and Ottawa have already seen adaptive reuse projects emerge from former big-box retail sites. Calgary’s “City Centres” policy actively encourages the conversion of underperforming strip malls and regional malls into dense, walkable, mixed-income communities – and the city’s Housing Accelerator Fund commitments have reinforced this direction.

“What Calgary has shown is that when the political framework is aligned – when municipalities are willing to rezone quickly and incentivize adaptive reuse – the private sector responds,” says Hosseinzadeh Sadeghi. “The federal Housing Accelerator Fund was a step in the right direction. We need more of that alignment between all levels of government.”

Zoning Reform as the Unlocking Mechanism

The single greatest barrier to retail-to-residential conversion is often not structural or financial – it is zoning. Commercial land has traditionally been designated for commercial use, and rezoning it to allow residential development requires political engagement, community consultation, and navigating complex municipal approval processes.

Hosseinzadeh Sadeghi is an advocate for streamlining this pathway. “We cannot afford, as a country, to leave viable development sites locked in outdated zoning categories while families are living in substandard housing or paying half their income in rent,” she says. “Every abandoned parking lot next to a subway station is a policy failure. It doesn’t have to be.”

Several provinces are moving in this direction. Ontario’s recent legislative updates around major transit station areas, and British Columbia’s sweeping upzoning legislation, signal a growing recognition that commercial-to-residential conversions must be enabled at scale. Hosseinzadeh Sadeghi believes the next frontier is proactive, municipality-wide commercial land audits – systematic reviews of underperforming retail zones to identify sites ready for residential intensification.

Mixed-Use as the Gold Standard

The most successful adaptive reuse projects don’t simply trade one use for another – they layer them. A former mall site might become a community with ground-floor retail, grocery, and services; mid-floors of purpose-built rental apartments; upper floors of market condominiums; a central green space or community park; and integrated childcare or healthcare facilities.

“Mixed-use is not a buzzword – it is what communities actually need,” says Hosseinzadeh Sadeghi. “When we design for a single use, we create fragile environments. When we design for 24-hour life – where people can live, shop, work, and socialize within walking distance – we create resilience. And we create value.”

Sky Property Group’s approach to intensification projects emphasizes this layered model, recognizing that economic viability and community benefit are not mutually exclusive goals.

Sustainability and the Carbon Case

Beyond the housing rationale, adaptive reuse carries a powerful environmental argument. New construction generates significant embodied carbon – the emissions locked into building materials from extraction, manufacturing, and transportation. Reusing existing structures, or redeveloping previously disturbed land rather than greenfield sites, dramatically reduces a project’s embodied carbon footprint.

“From a sustainability standpoint, the most environmentally responsible building is often the one that already exists,” says Hosseinzadeh Sadeghi. “When we can reuse, retrofit, or redevelop on already-disturbed land, we are making a climate decision as much as a housing decision.”

Canada’s green building sector is increasingly incorporating lifecycle carbon analysis into project assessments, and adaptive reuse scores well on these metrics – a factor that is becoming increasingly important to institutional investors with ESG mandates.

A Call for Coordinated Action

Hosseinzadeh Sadeghi is direct about what is needed to unlock Canada’s adaptive reuse potential at scale: coordination. Between federal housing policy and municipal zoning. Between developers and community groups. Between public financing tools and private capital.

“The sites exist. The demand exists. The capital exists,” she says. “What we need is alignment – and the courage to move quickly. Canada’s housing crisis is not waiting for a perfect plan. We have to act with the tools we have, on the land we have, right now.”

For Ladan Hosseinzadeh Sadeghi and Sky Property Group Inc., the opportunity embedded in Canada’s struggling retail landscape is not a last resort – it is a first priority.

About Sky Property Group Inc.

Sky Property Group Inc. is a Canadian real estate development company focused on land assembly, high-density residential development, and urban intensification across the Greater Toronto Area and other major Canadian markets. Led by President & CEO Ladan Hosseinzadeh Sadeghi, the company is committed to innovative, community-centred development that addresses Canada’s housing supply challenges.

Media Contact:
Ladan Hosseinzadeh Sadeghi
ladanhosseinzadehsadeghi@gmail.com

SOURCE: Sky Property Group Inc.

View the original press release on ACCESS Newswire

March 15, 2026
Building for Tomorrow: How Canadian Real Estate Must Adapt to a Changing Climate

TORONTO, ON / ACCESS Newswire / March 15, 2026 / Canada is facing a new reality. Flooding in the Fraser Valley. Record-breaking ice storms across Southern Ontario. Wildfire smoke choking Prairie cities. Coastal erosion eroding neighbourhoods in Atlantic Canada. The evidence is no longer abstract – extreme weather events are arriving faster, hitting harder, and costing more than anything Canadian cities were built to withstand. For the real estate development industry, the question is no longer whether climate risk matters. It is how quickly the sector can adapt before the next disaster rewrites the ledger.

Canadian cities are integrating green infrastructure to combat climate change.

Ladan Hosseinzadeh Sadeghi, President & CEO of Sky Property Group Inc., has been at the forefront of this conversation in Canada’s development community. For her, climate resilience is not a niche concern for environmental advocates – it is a fundamental pillar of sound real estate strategy.

“The developers who will succeed in the next twenty years are the ones treating climate risk like any other underwriting factor,” says Hosseinzadeh Sadeghi. “If you’re not modelling flood plains, heat island effects, and extreme weather risk into your pro formas today, you’re building on assumptions that no longer hold.”

The Cost of Inaction Is Already Here

The financial stakes are becoming undeniable. According to the Insurance Bureau of Canada, insured catastrophic losses exceeded $8 billion in 2024 – one of the costliest years on record for the industry. Insurers are beginning to withdraw coverage from flood-prone and wildfire-adjacent zones, and mortgage lenders are growing increasingly cautious about properties in high-risk areas.

For the real estate sector, this insurance retreat has immediate implications. Properties that cannot be insured cannot be financed. Properties that cannot be financed cannot be sold. The feedback loop is brutally efficient, and developers who have not stress-tested their portfolios against this new reality are carrying risks they may not even be able to quantify.

“We’ve seen whole streets in Ontario and British Columbia where property values have softened materially because insurers are pricing in flood risk that wasn’t part of the calculus five years ago,” notes Hosseinzadeh Sadeghi. “That’s not a future problem. It’s a present one.”

Extreme weather events are increasing the financial risk profile of Canadian real estate.

What Adaptive Development Actually Looks Like

Climate-resilient building is not a single intervention – it is a design philosophy that must be woven into every stage of the development process, from site selection to engineering to long-term asset management.

At the site selection stage, developers and investors are increasingly consulting updated floodplain maps, Natural Resources Canada’s climate risk data layers, and municipal stormwater infrastructure assessments before acquiring land. The days of relying solely on historical data are over; the question now is what a given site will look like in 2050, not 2005.

At the engineering and construction stage, climate-adaptive design encompasses a wide range of interventions: elevated building pads and flood barriers in low-lying areas; green roofs and permeable paving to manage stormwater runoff; passive cooling systems and reflective materials to combat urban heat islands; and backup power systems designed to keep buildings operational during grid disruptions triggered by extreme weather.

“Good climate-resilient design is often invisible to the end user,” says Hosseinzadeh Sadeghi. “People notice when a building is comfortable and dry. They don’t necessarily see the permeable paving or the retention pond that made that possible. That’s by design. Our job as developers is to solve the problem before it becomes someone’s crisis.”

The Policy Dimension: Canada’s Regulatory Landscape Is Shifting

Government at every level is beginning to respond. The federal government’s recent investments through the National Adaptation Strategy and the Climate-Resilient Buildings and Core Public Infrastructure Initiative signal a policy direction that will increasingly shape the development sector. New building codes are being drafted with climate considerations embedded, and municipalities from Calgary to Halifax are updating their zoning bylaws to restrict development in high-risk flood zones and mandate resilience features in new construction.

“When the federal government publishes a national adaptation strategy, it’s telling the development industry where the regulatory floor is moving,” says Hosseinzadeh Sadeghi. “The smart money doesn’t wait for the floor to arrive – it builds to where the standard will be and gains a five-year head start on the competition.”

Ladan Hosseinzadeh Sadeghi, President & CEO of Sky Property Group Inc., champions climate-adaptive development

The Investment Opportunity

For investors and institutional capital, climate resilience is rapidly becoming a performance criterion rather than a social preference. ESG-aligned funds, pension capital, and major real estate investment trusts are now conducting climate risk assessments on potential acquisitions, and the market is beginning to price the gap between resilient and non-resilient assets.

This presents an explicit opportunity for developers who are willing to invest in climate-adaptive design today. The premium commanded by green-certified, resilience-rated buildings is growing – and as extreme weather events continue to make headlines, the discount applied to properties deemed high-risk will deepen.

“There’s a bifurcation happening in Canadian real estate,” observes Hosseinzadeh Sadeghi. “On one side, you’ll have buildings that are built for the climate we’re actually entering – well-insulated, flood-resistant, energy-independent, insurable. On the other side, you’ll have legacy stock that becomes increasingly difficult and expensive to maintain, finance, and sell. The gap between those two categories is going to widen dramatically over the next decade.”

Climate-resilient building design is becoming a competitive advantage in Canadian real estate.

Building for the Long Arc

Canada’s real estate sector has always been shaped by its geography – the vast distances, the brutal winters, the spectacular but demanding landscape. What is changing now is the pace and intensity of that relationship. The climate is not slowly drifting; it is accelerating, and the built environment must accelerate its response.

For Ladan Hosseinzadeh Sadeghi and Sky Property Group Inc., this means making climate resilience a non-negotiable design standard on every project – not as an add-on or a marketing statement, but as a foundational commitment to the communities these buildings will serve for generations.

“We don’t build for the next five years,” she says. “We build for the next fifty. If you hold that frame, climate resilience isn’t a luxury. It’s the only responsible way to develop.”

About Sky Property Group Inc.
Sky Property Group Inc. is a Toronto-based real estate development and investment company with expertise in land assembly, mixed-use development, and urban intensification. Under the leadership of President & CEO Ladan Hosseinzadeh Sadeghi, the company is committed to building sustainable, community-centred projects that reflect the values and long-term needs of Canadian cities.

Media Contact:
Ladan Hosseinzadeh Sadeghi
ladanhosseinzadehsadeghi@gmail.com

SOURCE: Sky Property Group Inc.

View the original press release on ACCESS Newswire

March 15, 2026