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Danish Government awards Norne Thorning Storage the License to explore the possibility of CO2 storage in Jutland

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COPENHAGEN, Denmark, April 11, 2025 /PRNewswire/ — Norne Thorning Storage ApS (“Norne”), a Fidelis New Energy, LLC company, has been awarded the Exploration License for the Thorning structure by the Danish Minister of Climate, Energy and Utilities. Norne will soon commence its exploration work program to gather the necessary information about the structure to thoroughly evaluate and confirm its suitability for safe and permanent CO2 storage. If the structure is suitable for storage, this could pave the way for storage before 2030.

Norne will be the operator of the Thorning exploration license working alongside their joint venture partner Nordsøfonden, representing the Danish state. If data acquisition and evaluation confirm that the Thorning geological structure is suitable for safe and permanent storage of CO2, then Norne and Nordsøfonden would then have the exclusive right to apply for a CO2 storage license, which will be subject to the approval of the Danish Energy Agency (“DEA”). In addition to successfully obtaining the CO2 storage license, all relevant environmental permits will be in place and all financial and safety related requirements met before the establishment of any CO2 storage facility.

“The exploration work program has been carefully designed to provide a comprehensive understanding of the deep geological structures and their ability to safely and permanently store CO2. Ross, Norne’s Exclusive Subsurface and Wells Partner and their long experience with the subsoil of Denmark has been instrumental in planning the work program, which includes extensive seismic sensors aerial surveys with minimal environmental impacts, extensive 3D seismic surveys, and exploration and appraisal wells,” said Lars Bo Christiansen, President of Norne Climate Impact.

The award of the Thorning exploration license is a major milestone for Norne. Norne has been sponsored by Fidelis New Energy, LLC since 2021 and was chosen as an EU Project of Common Interest (“PCI”) by the European Commission in 2023. Adding the Thorning structure to Norne will bring Denmark and the EU one step closer towards its decarbonization goals with the potential to offer important hard-to-abate industries an integrated solution to reduce their CO2 emissions.

“We look forward to working alongside the DEA and collaborating with Nordsøfonden to explore the CO2 storage potential of the Danish subsoil, with the hope of establishing Thorning as a safe site for CO2 storage,” said Bengt Järlsjö, Co-Founder and President of Fidelis New Energy. “This license award highlights Denmark’s leadership in decarbonization once again, aiding both Danish and European industries in their pursuit of significant carbon emission reductions. Since 2021, we have engaged actively with the Danish government, local authorities, Port of Aalborg, and industry partners throughout Denmark and Europe. Our vision has consistently centered on promoting effective and safe onshore carbon capture and storage policies, while creating efficient and cost-effective CO2 infrastructure solutions for Denmark and Europe.”

Exploration and potential development of geological storage of CO2 is important for Denmark to achieve its carbon reduction targets for 2030 and beyond. Norne’s long and engaging discussions with Danish and EU industry players that need CO2 storage to decarbonize has enabled a concept where costs and environmental impact of Danish CO2 reductions can be significantly reduced as facilities are utilized by both Danish and EU emitters. Norne enables multiple modes of delivery of CO2 to Thorning. A CO2 receiving terminal at the Port of Aalborg will make it possible to receive CO2 from Danish, Baltic and European CO2 emitters.

About Norne:
Norne, also referred to as the Norne Carbon Storage Hub, consists of CO2 receiving facilities, pipelines, and storage facilities designed for safe and permanent storage of both biogenic CO2 and CO2 from hard- to-abate industries such as cement plants. Norne aims to receive and store CO2 from Danish and European industries that have no alternatives other than carbon capture and storage to reduce their carbon emissions. For more information, visit www.norneccs.com.

About Nordsøfonden:
Nordsøfonden is the Danish State subsurface resource company, tasked with generating value for Danish society by optimising the potential of Denmark’s subsurface assets. Nordsøfonden stands on two pillars: Production of oil and gas, thus helping to assure supplies of energy and raw materials. At the same time, Nordsøfonden is the state participant in all licences for underground carbon storage, where Nordsøfonden works to ensure reduction of emissions to the atmosphere. For more information, visit www.nordsoefonden.dk.

About Fidelis:
Fidelis is an energy infrastructure company driving decarbonization through infrastructure development in low or negative-carbon intensity products and Carbon Capture & Storage. Fidelis employs proprietary technologies to address climate and energy security challenges. Headquartered in Houston, Fidelis also has an office in Copenhagen, Denmark. Learn more at www.fidelisinfra.com

About Ross Energy
Ross Energy is a Danish full-service well management and subsurface company with 30 years of experience. The company delivers successful well engineering and well management projects across Denmark and Northern Europe, including carbon storage. By applying oil & gas expertise to geothermal and CCS projects, Ross Energy helps de-risk and mature sustainable energy solutions. Their end-to-end services—from design to drilling—support safe operations and leveraging broader green transition. Learn more at www.rossenergy.dk.

Media contact: info@norneccs.com

 

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SOURCE Norne Climate Impact ApS

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VERNAL CAPITAL ACQUISITION CORP. ANNOUNCES PRICING OF $100 MILLION INITIAL PUBLIC OFFERING

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May 6, 2026

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NEW YORK, May 5, 2026 /PRNewswire/ — Vernal Capital Acquisition Corp. (NYSE: VECA) (“Vernal”) announced the pricing of its initial public offering (the “IPO”) of 10,000,000 units at $10.00 per unit. The units are expected to trade on the New York Stock Exchange (“NYSE”) under “VECAU” beginning May 6, 2026. Each unit consists of one ordinary share and one right to receive one-fourth of one ordinary share upon consummation of an initial business combination. Upon separate trading, the ordinary shares and rights are expected to be listed on NYSE under “VECA” and “VECAR,” respectively.

D. Boral Capital LLC is acting as sole book-running manager of the offering. The underwriters have a 45-day option to purchase up to 1,500,000 additional units to cover any over-allotments. The offering is expected to close on May 7, 2026, subject to customary closing conditions.

A registration statement for these securities was declared effective by the SEC on May 5, 2026. The offering is made only by means of a prospectus. Copies of the prospectus may be obtained, from D. Boral Capital LLC, 590 Madison Ave., 39th Floor, New York, New York 10022, by telephone at (212) 970-5150 or by email at dbccapitalmarkets@dboralcapital.com.

This press release shall not constitute an offer to sell or to buy, nor shall there be any sale where such offer, solicitation or sale would be unlawful prior to registration or qualification under the applicable securities laws.

About Vernal

Vernal is a blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Vernal’s target search will not be limited to a particular industry or geographic region.

Forward-Looking Statements

This press release contains “forward-looking statements,” including statements regarding Vernal’s IPO. These statements are subject to risks and uncertainties that could cause actual results to differ materially. No assurance can be given that the offering will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, beyond Vernal’s control, including those in the Risk Factors section of Vernal’s registration statement filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. Vernal disclaims any obligation to release publicly updates or revisions to any forward-looking statements to reflect any change in Vernal’s expectations, except as required by law.

Contact

Binghan Yi, CFO
binghan@vernal.com
www.vernalspac.com

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SOURCE Vernal Capital Acquisition Corp.

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RIVANNA nominated for MedTech Scale-Up of the Year at MedTech World Awards 2026 | North America

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May 5, 2026

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Nomination places the Charlottesville-based company among growth-stage medtech leaders recognized for commercial momentum in AI-powered clinical decision support; public voting is open through May 8

CHARLOTTESVILLE, Va., May 5, 2026 /PRNewswire/ — RIVANNA®, developer of AI-powered clinical decision-support solutions, today announced that it has been nominated for MedTech Scale-Up of the Year at the MedTech World Awards 2026 | North America. Public voting is open through Friday, May 8, 2026, with category winners to be announced at the inaugural North American Awards Gala on May 11, 2026, at the Hilton West Palm Beach in Florida.

The MedTech Scale-Up of the Year category honors a growth-stage company successfully scaling revenues, partnerships, and adoption across the global medical technology ecosystem. Nominees across the program’s 22 categories were selected through a structured process led by the MedTech World Steering Committee, with category winners determined by a combination of expert evaluation and public voting from the global MedTech community.

“We have built RIVANNA on validation earned from the most rigorous technical buyers in healthcare: competitive federal awards translated into FDA-cleared products, each paired with a commercial program that meets clinicians where they work,” said Will Mauldin, PhD, Co-founder and CEO of RIVANNA. “Being nominated for MedTech Scale-Up of the Year is a meaningful affirmation of that approach and the team executing it.”

Public voting closes Friday, May 8, 2026. Members of the MedTech community are invited to support RIVANNA’s nomination at the official voting page: vote here.

The award nomination follows a year of measurable scaling for RIVANNA:

In October 2025, RIVANNA reported on being named a finalist in MedTech Innovator’s 2025 Early-Stage Grand Prize competition, selected from nearly 1,500 global applicants to represent the top 4% of medtech innovations worldwide.In December 2025, RIVANNA reported on the U.S. Food and Drug Administration’s 510(k) clearance of its Accuro® 3S Needle Guide Kit consumables, building on existing Accuro 3S device clearance.In April 2026, RIVANNA reported on peer-reviewed findings, published in 2025 in the Journal of Emergency Medicine (DOI: 10.1016/j.jemermed.2025.11.011), showing that the Accuro® XV musculoskeletal imaging system enables non-physician operators to acquire diagnostic-quality scans after just one hour of hands-on training.In May 2026, RIVANNA reported on the U.S. Food and Drug Administration’s 510(k) clearance of the Accuro® XV Diagnostic Ultrasound System for musculoskeletal imaging, authorizing commercial use across hospital and clinic settings.The company’s clinical program now spans eight sites nationwide with more than 1,500 patients enrolled.

The 2026 MedTech World Awards | North America, powered by Blue Goat Cyber, will be presented Monday, May 11, 2026, at the inaugural North American Awards Gala at the Hilton West Palm Beach, marking the first time the MedTech World Awards have been hosted in the United States.

About the MedTech Scale-Up of the Year Award
Presented by MedTech World, the MedTech Scale-Up of the Year category recognizes growth-stage medical technology companies demonstrating strong commercial momentum, expanding partnerships, and accelerating real-world adoption. The award is one of 22 categories spanning innovation, clinical excellence, regulatory strategy, investment, and leadership across the global MedTech ecosystem.

About RIVANNA
RIVANNA® is a medical technology company developing clinical decision-support solutions powered by proprietary clinical datasets, AI models, and purpose-built imaging hardware. The company’s platform automates complex anatomical analysis at the point of care, enabling faster, more confident clinical decisions while reducing variability and expanding access to advanced capabilities. The first applications target significant market opportunities in regional anesthesia and fracture care. RIVANNA has built a proven FDA regulatory track record across its Accuro® platform, with device clearances for Accuro® 3S (spinal needle guidance) and Accuro® XV (musculoskeletal imaging), a portfolio of supporting cleared consumables, and AI software modules advancing through regulatory review. The company is backed by 100+ patents and validated through clinical partnerships with leading academic medical centers. RIVANNA is headquartered in Charlottesville, Virginia, and operates an FDA-registered, ISO 13485:2016-certified manufacturing facility. Learn more at rivannamedical.com.

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SOURCE RIVANNA

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D2L Launch Week Highlights Latest Product Releases

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May 5, 2026

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Latest innovations are designed to save time, simplify workflows, and help drive better learning outcomes

TORONTO, May 5, 2026 /PRNewswire/ – D2L, a global leader in learning innovation, hosted its first-ever D2L Launch Week, a four-day virtual webinar series spotlighting the company’s latest product innovations across D2L Brightspace in 2026.

Throughout the week, D2L showcased a range of product releases through live demos and practical customer use cases, highlighting how institutions, school districts and organizations can help to drive engagement and improve learning outcomes. The featured updates include enhancements to D2L Lumi for idea generation, intervention suggestions, quiz creation and summarization; tools to strengthen parent and guardian outreach; and administrative capabilities designed to help large organizations delegate course and configuration management more effectively.

“We’re proud to showcase the ways D2L continues to innovate to help make learning more personalized, efficient, and scalable,” said Christian Pantel, Chief Product Officer at D2L. “From new D2L Lumi features to enhanced communication tools and more flexible distributed administration capabilities, these updates are designed to help our customers save time, improve usability, and deliver better learning experiences at scale.”

Enhancements to D2L Lumi

Among the new capabilities were several updates to D2L’s AI-native tool, D2L Lumi, designed to improve usability, transparency, and alignment across workflows, including:

D2L Lumi Ideas: Generates assignment and discussion ideas directly within Brightspace, making it easier to generate high quality content aligned to learning outcomes.D2L Lumi Insights: Gives educators access to learning intervention suggestions, designed to provide recommended next steps based on learner data.D2L Lumi Quiz: Helps educators generate questions from multiple course content topics and includes a more streamlined question-generation workflow.D2L Lumi Summary: Supports summarization from more content sources, including nested submodules, and can give educators the ability to preview and adjust source text before summarization.

Updates to Parent and Guardian Communications

D2L also introduced new parent and guardian communication enhancements to help K-12 educators strengthen engagement beyond the classroom. Teachers can now send bulk emails to all parents and guardians associated with students in their class. For individual student outreach, teachers can also email parents and guardians of a specific learner, making it easier to share timely updates on student progress and classroom activity.

Manage Distributed Administration at Scale

Distributed Administration gives organizations more flexibility to delegate administrative responsibilities across organization levels. With Distributed Administration, administrators can manage specific areas, enabling them to oversee courses while helping to reduce bottlenecks and free up time.

Learn more about the latest product releases showcased at D2L Launch Week.

About D2L   
D2L is transforming the way the world learns, helping learners achieve more than they dreamed possible. Working closely with customers all over the world, D2L is on a mission to make learning more inspiring, engaging and human. Find out how D2L helps transform lives and delivers outstanding learning outcomes in K-12, higher education and businesses.

D2L Media Contact
PR@D2L.com
X: @D2L
© 2026 D2L Corporation.

The D2L family of companies includes D2L Inc., D2L Corporation, D2L Ltd, D2L Australia Pty Ltd, D2L Europe Ltd, D2L Asia Pte Ltd, D2L India Pvt Ltd, D2L Brasil Soluções de Tecnologia para Educação Ltda and D2L Sistemas de Aprendizaje Innovadores, S. D2 R.L de C.V., and H5P Group AS.

All D2L and H5P marks are owned by the D2L group of companies. Please visit D2L.com/trademarks for a list of D2L marks. All other trademarks are the property of their respective owners.

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SOURCE D2L

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