Houston Natural Resources Corp (HNRC)

[RevolRekop]

Just in case you're not an educated person, this is the definition.

News
n(y)o?oz/Submit
noun
noun: news
newly received or noteworthy information, especially about recent or important events.
"I've got some good news for you"
a broadcast or published report of news.
plural noun: the news
"he was back in the news again"
synonyms: report, announcement, story, account; More
informal
information not previously known to someone.
"this was hardly news to her"
a person or thing considered interesting enough to be reported in the news.
"Chanel became the hottest news in fashion"

What I think you are referring to is a signed deal in that case you're right, but otherwise this is great news.