WHITE RIVER | Jotup

Newport Secures $2 Million Business Development Grant for New DriveSmart Office

Retrieved on:

Friday, March 29, 2024

EDA, Disaster, Commerce, Economy, Nursing

TOMS RIVER, N.J., March 29, 2024 /PRNewswire/ -- The U.S. Department of Commerce announced to award the city of Newport with a $2 million grant to support job creation and business growth.

Key Points:

DriveSmart Auto Care Inc. will be able to offer up to 200 jobs for the community of Newport, AR.
TOMS RIVER, N.J., March 29, 2024 /PRNewswire/ -- The U.S. Department of Commerce announced to award the city of Newport with a $2 million grant to support job creation and business growth.
This grant, presented by the Department's Economic Development Administration (EDA), will support DriveSmart Auto Care Inc. as they are preparing to open a new $5 million call center in Newport.
The new location in Newport, Arkansas marks the expansion as DriveSmart's second office site.

White River Soy Processing Purchases Benson Hill Ingredients

Retrieved on:

Wednesday, February 14, 2024

White River Soy Processing, LLC (White River), a developer and operator of oilseed processing plants in the U.S., announced today that it purchased Benson Hill Ingredients, LLC, which operates an established food grade soybean processing facility in Creston, Iowa, from Benson Hill, Inc.

Key Points:

White River Soy Processing, LLC (White River), a developer and operator of oilseed processing plants in the U.S., announced today that it purchased Benson Hill Ingredients, LLC, which operates an established food grade soybean processing facility in Creston, Iowa, from Benson Hill, Inc.
“We are pleased to add another valuable asset to our growing company,” said Walter Cronin, Co-Founder and President of White River.
“Today’s acquisition displays White River’s commitment to our company’s mission to supply better nutritional outcomes to our customers, as well as meet the growing need for high-quality soy protein products,” said Gordon Glade, Co-Founder of White River.
White River, headquartered in Omaha, Neb., separately purchased Benson Hill’s soybean processing facility located in Seymour, Ind., on Oct. 31, 2023, and announced in December 2023 it had been selected to develop an oilseed processing facility near North Platte, Neb.
The company is supported by agricultural-focused investors, and its team has decades of experience in grain processing, from plant operations to risk management and finance.

RiskOn Announces Planned Transition of Executive Leadership

Retrieved on:

Monday, January 29, 2024

Data Management, Technology, Professional Services, Blockchain, Web3, Software, Artificial Intelligence, Cryptocurrency, Metaverse, Fintech, Finance, Artificial intelligence, CFO, Form S-1, Form, Register, WTRV

“I’d like to thank both Randy and JP for their work with the Company not only during this transition period but throughout their tenure with the Company.

Key Points:

“I’d like to thank both Randy and JP for their work with the Company not only during this transition period but throughout their tenure with the Company.
“RiskOn is building an innovative Artificial Intelligence product and service offering, along with its Metaverse Social gaming platform powered by Meetkai.
Jay Puchir, the Company’s departing CFO, has agreed to transition to a limited scope officer role to help facilitate the validation and transfer of WTRV Shares.
All Distributable Shares will be “restricted securities” as such term is defined in Rule 144 of the Securities Act.

North Platte Chamber & Development Corporation Selects White River Soy Processing to Develop Oilseed Processing Plant

Retrieved on:

Thursday, December 7, 2023

White River Soy Processing, LLC (White River) announced today that it has been selected by the North Platte Chamber & Development Corporation (the Chamber) to develop an oilseed processing plant at the Hershey Rail Park, a 300-acre industrial rail park located eight miles west of North Platte, near Hershey, Nebraska.

Key Points:

White River Soy Processing, LLC (White River) announced today that it has been selected by the North Platte Chamber & Development Corporation (the Chamber) to develop an oilseed processing plant at the Hershey Rail Park, a 300-acre industrial rail park located eight miles west of North Platte, near Hershey, Nebraska.
“The Chamber has invested several months of time and energy, as well as conducting a very extensive feasibility study to land an oilseed crushing plant in our region,” said Gary Person, President & CEO of the Chamber.
“An oilseed processing plant at the Hershey Rail Park is a great opportunity for Nebraska’s soybean farmers and livestock producers,” said Governor Jim Pillen.
“Following the selection of White River for the exclusive development of this project, we are now focused on completing the capital raise,” said Walter Cronin, Co-Founder and President of White River.

White River Energy Corp Engages Truuli Environmental for Carbon Emission Reduction Engagement

Retrieved on:

Wednesday, November 29, 2023

Oil, Gas, Natural Resources, Sustainability, Environment, Environmental, Social and Governance (ESG), Energy, Professional Services, Mining, Minerals, Carbon, Petroleum, White, WTRV

White River Energy Corp (“White River” or “The Company”) (OTCQB: WTRV), a vertically integrated energy company with oil and gas exploration, production, and drilling operations on approximately 34,000 cumulative acres of oil and gas mineral leases in the U.S. Gulf Basin, has engaged Truuli Environmental Inc. (“Truuli”) to utilize Truuli’s decarbonization as a service (“DAAS”) process to reduce the Company’s carbon emissions.

Key Points:

White River Energy Corp (“White River” or “The Company”) (OTCQB: WTRV), a vertically integrated energy company with oil and gas exploration, production, and drilling operations on approximately 34,000 cumulative acres of oil and gas mineral leases in the U.S. Gulf Basin, has engaged Truuli Environmental Inc. (“Truuli”) to utilize Truuli’s decarbonization as a service (“DAAS”) process to reduce the Company’s carbon emissions.
Pursuant to the engagement, Truuli will assess White River’s carbon footprint and its impact on the Company’s core business of oil and gas exploration and production.
Truuli will develop and implement an emissions reduction plan and identify the generation of carbon and other eligible tax credits for White River.
“White River is extremely excited to be working with Truuli on this important strategic engagement for our Company,” stated Randy May, Chief Executive Officer of White River.

Benson Hill Transfers Ownership of its Seymour, Indiana, Crush Facility to White River Soy Processing with $36 Million Asset Purchase Agreement

Retrieved on:

Tuesday, October 31, 2023

View the full release here: https://www.businesswire.com/news/home/20231031719096/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20231031719096/en/
Benson Hill Transfers Ownership of its Seymour, Indiana, Crush Facility to White River Soy Processing (Photo: Business Wire)
The agreement represents the completion of an expected milestone as Benson Hill implements cost and operational improvements as part of its Liquidity Improvement Plan.
“Under our ownership the Seymour team has achieved record-breaking safety and production records, and we are extremely grateful for their efforts.
Benson Hill will honor 2023 and 2024 contracts with its farmer partners who deliver grain to Seymour.
The parties also expect to finalize a grain supply and licensing agreement to continue processing Benson Hill’s proprietary soybeans through the facility.

White River Announces R.P. Bonham to Lead Due Diligence for White River Private Capital

Retrieved on:

Monday, October 23, 2023

Energy, Other Energy, Utilities, Oil, Gas, WTRV, FINRA, CIM, Research, RP, OTCQB, Senior, Delaware statutory trust, White, Charles Schwab Corporation, CIM Group, The Vanguard Group

White River Private Capital Management LLC (“WRPCM”), a wholly owned subsidiary of White River Energy Corp (OTCQB: WTRV) (“White River Energy”), a vertically integrated oil and gas exploration company, announced today that it has appointed R.P.

Key Points:

White River Private Capital Management LLC (“WRPCM”), a wholly owned subsidiary of White River Energy Corp (OTCQB: WTRV) (“White River Energy”), a vertically integrated oil and gas exploration company, announced today that it has appointed R.P.
Bonham as Senior Vice President – Director of Due Diligence.
Mr. Bonham is a seasoned professional who brings with him extensive investment product due diligence experience, including more than 25 years in the financial services and alternative investment industries.
In this position, Mr. Bonham will be responsible for evaluating WRPCM’s investment opportunities and supporting the company’s business development efforts.

White River Energy Corp Announces Launch of White River Private Capital Management

Retrieved on:

Thursday, October 5, 2023

Finance, Oil, Gas, Energy, Professional Services, Other Energy, Partnership, Multimedia, WTRV, OTCQB, Insurance, White, Growth, IDC, CFO, Renewable energy

White River Energy Corp (OTCQB: WTRV) (“White River Energy” or the “Company”), a vertically integrated energy company with oil and gas exploration, production, and drilling operations on approximately 34,000 cumulative acres of oil and gas mineral leases in Louisiana and Mississippi, announced that it has established White River Private Capital Management (“WRPCM”), a wholly owned subsidiary.

Key Points:

White River Energy Corp (OTCQB: WTRV) (“White River Energy” or the “Company”), a vertically integrated energy company with oil and gas exploration, production, and drilling operations on approximately 34,000 cumulative acres of oil and gas mineral leases in Louisiana and Mississippi, announced that it has established White River Private Capital Management (“WRPCM”), a wholly owned subsidiary.
WRPCM’s first investor product is a $50,000,000 IDC limited partnership called White River Energy Partners I LP (“WR Fund I”).
"We are excited to announce the launch of White River Private Capital Management.
Our drive has always been to innovate and adapt, and this new chapter will allow us to further solidify our promise to the market," stated Randy May, Chairman & CEO of White River Energy.

Take a front-row seat on a unique rail journey through northern Ontario’s wilderness in TVO Original documentary TRIPPING Train 185

Retrieved on:

Tuesday, March 14, 2023

Online, Beauty, Heart, Rideau Canal, Franco-Ontarians, Life, TVO, Lake, History, Content, River, Amusement park

Premiering Friday, April 7, 2023, at 7 pm ET on TVO, TVO Today , YouTube and smart TV services, TVO Original TRIPPING Train 185 continues the hugely popular TRIPPING series with a fascinating train journey from Sudbury to White River.

Key Points:

Premiering Friday, April 7, 2023, at 7 pm ET on TVO, TVO Today , YouTube and smart TV services, TVO Original TRIPPING Train 185 continues the hugely popular TRIPPING series with a fascinating train journey from Sudbury to White River.
“The TRIPPING series always delivers memorable experiences that help us all appreciate the abundant beauty and history of Ontario,” says John Ferri, VP of Programming and Content at TVO.
“TRIPPING Train 185 offers an unmatched view of the Canadian Shield and the communities who rely on this railway for fun, adventure and daily life.”
“Train 185 may be the best kept secret in Ontario.
Watch TVO Original TRIPPING Train 185 at 7 pm ET on April 7, 2023, on TVO, TVO Today , YouTube and smart TV services.

White River Energy and BitNile Holdings’ Subsidiary, Ault Energy, Announce Results from Recently Completed Drilling Project in Holmes County, MS

Retrieved on:

Tuesday, December 6, 2022

BitNile Holdings, Inc. (BitNile) (NYSE American: NILE) and White River Energy Corp (White River) (OTCQB: WTRV), today announced that the successful drilling project by Ault Energy, LLC (Ault Energy), a wholly owned subsidiary of BitNile, and White River Operating LLC (WRO), a wholly owned subsidiary of White River, has begun producing at a rate of 78 flowing barrels of oil per day (BOPD).

Key Points:

BitNile Holdings, Inc. (BitNile) (NYSE American: NILE) and White River Energy Corp (White River) (OTCQB: WTRV), today announced that the successful drilling project by Ault Energy, LLC (Ault Energy), a wholly owned subsidiary of BitNile, and White River Operating LLC (WRO), a wholly owned subsidiary of White River, has begun producing at a rate of 78 flowing barrels of oil per day (BOPD).
Additionally, Ault Energy has committed to acquire a thirty-seven and one half (37.5%) working interest in the Peabody AMI 12 A No.
Based on these early indications, WRO believes that this drilling project will result in a commercial oil well and several shallow Frio developmental drilling opportunities.
We are also very encouraged about the initial results being reported on our second drilling project with White River and are looking forward to viewing the well log after the drilling project has been completed.