Sunday, December 5, 2021
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Tag: Enterprise IT

Centerra Gold announces settlement with Kyrgyz government

Centerra Gold Inc announces that the Company and its Kyrgyz subsidiaries (Kumtor Gold Company and Kumtor Operating Company have entered into a comprehensive settlement agreement with the Government of the Kyrgyz Republic. Full and final reciprocal releases and resolution of all existing arbitral and environmental claims, disputes, proceedings and court orders, and releases of the Company and its Kyrgyz subsidiaries from future claims covering the same subject matter as the existing environmental claims arising from approved mine activities. The termination of the Kyrgyz Republic court order which, among other things, restricted KGC's ability to transfer cash to Centerra. KGC is in the process of transferring the cash balance that is over and above its ordinary working capital requirements to Centerra and the Company expects that to occur by September 15, 2017. An acknowledgement that there will be no restrictions on the ability of KGC to distribute funds to Centerra in the future. All restrictions are lifted on the free movement of KGC's employees. No admission on the part of Centerra or its Kyrgyz subsidiaries of: (i) any environmental wrongdoing, (ii) any non-compliance with Kyrgyz law or the Kumtor Project Agreements or (iii) any pre-existing obligation to make additional environmental or Reclamation...

Tetra Bio-Pharma enters into agreement with Dr. Louis-Philippe de Lorimier

Tetra Bio-Pharma announced that it has added international expert Dr. Louis-Philippe de Lorimier, a board certified veterinary oncologist, to its clinical advisory board for the veterinary market. "We are leveraging our current R&D work in humans to accelerate the development of the first cannabinoid-based drug for pets in the cancer-associated supportive therapy market, including pain," said states Dr. Guy Chamberland, Chief Scientific Officer (CSO) of Tetra. "This market is underserved and patients and their owner are waiting for alternatives that are safer, more tolerable and more efficacious. We believe that our collaboration with Dr. de Lorimier will bring significant contributions to the launch of the first Health Canada approved drug for pets using cannabinoid-based active ingredients," he added. Once approved, the trial will be run at private veterinary clinics across Canada, which treats tens of thousands of animals every year. Cancer is the leading cause of death in pets, affecting 50% of dogs above age 8, and 40% of cats above 10 years of age. Tetra is developing cannabis-based products for the treatment of acute and chronic conditions that affect domestic animals, including cats, dogs and horses. The company is going to use its pharmaceutical formulation and drug development expertise to bring...

Morien announces the commencement of Washplant at Donkin Coal Mine

Morien Resources Corp announced that it has received notice from Kameron Collieries ULC, the owner/operator of the Donkin Coal Mine in Cape Breton, Nova Scotia, that its coal handling, preparation and processing plant is now operational. The capacity of the washplant is sufficient to process the permitted production at Donkin. Processed Donkin coal product can be sold either as a low ash, high-energy thermal coal and/or as a high quality metallurgical coal. Kameron has indicated that it expects the washed coal quality of Donkin to be a high fluidity, high volatile metallurgical coal, with 3.0% ash, approximately 1.65% sulphur, 13,500+ BTU/lb, 0.88% RO, +25,000 ddpm fluidity, and 120-150 dilation. Kameron is targeting production of approximately 350,000 to 450,000 tonnes in 2017, 1.2 to 1.8 million tonnes in 2018, and 2.6 to 2.75 million tonnes of saleable coal in 2019 (production volumes are subject to change based on numerous market and non-market factors). Current coal production is being stockpiled on site, and trucked and stockpiled at the Provincial Energy Ventures port in Sydney, Cape Breton where it awaits export. * The Donkin Coal Technical Report, dated November 2012, found on Morien's SEDAR profile, supports the above technical disclosures. The Technical Report presents the...

Player’s Network, Inc. to launche WeedTV.com Sept 22

Player's Network announced the official launch of WeedTV.com through a live broadcast on September 22nd through September 25th. Production will take place at a private estate/resort with one of the largest private pools in the country that will be used as a backdrop for filming original content to launch the new Marijuana Lifestyle Destination for the marijuana industry. WeedTV will be known as the "go-to" source for information, entertainment, video content, products and services for people who are in the marijuana lifestyle; both medical and recreational. Highlighting the launch will be approximately 6 hours of live broadcast per day, giving viewers a glimpse behind the scenes of the filming of original television series. Some of these series include WeedTV's search for on camera talent to host many of its shows, including its "SmokesModel" search, and the crowning of Miss Weed TV 2018 after a swimsuit and fashion show competition; its first "Top Budmaster Competition", The Weed Bowl, Cooking shows, "Blunt Talk", and much more, including the first live broadcast of a marijuana-themed wedding. Mark Bradley, PNTV CEO stated, "I am excited about this launch, packed with original programming concepts, industry experts and social media influencers. It will truly be the biggest media...

Greenstone acquires additional shares of Heron Resources

Greenstone Resources affiliate and nominee, Greenstone Management acting in its capacity as general partner of Greenstone HRR Holdings II L.P. has acquired an aggregate of 398,496,241 additional common shares of Heron Resources Limited at a price per common share of Cdn$0.07, for aggregate gross proceeds of US$21,200,000 (approximately Cdn$27,895,000). The Greenstone Subscription forms part of a larger equity financing by Heron, as disclosed by Heron in its press release of September 7, 2017. The Greenstone Subscription occurred in two separate tranches that completed simultaneously. In connection with the Greenstone Subscription, Greenstone acquired an aggregate of 398,496,241 common shares of Heron. As such and including the 54,131,658 common shares owned by Greenstone and Greenstone HRR Holdings LP, a joint actor of Greenstone prior to the Greenstone Subscription, Greenstone and the Joint Actor currently have ownership of and control over a total of 452,627,899 common shares of the issuer, representing approximately 18.7% of the total issued and outstanding common shares of the issuer, representing an increase of 7% to the 11.7% ownership interest of common shares of the issuer owned by Greenstone and the Joint Actor prior to completion of the Greenstone Subscription. Greenstone is a private equity fund specialising in the mining and metals sector....

CVS to help trainer track more detail via Enhanced ID Card

With Credential Verification Service's new enhancement, supervisors and trainers can now track even more details about each employee's credentials. CVS provides photo ID cards printed with a QR code. When the QR code is scanned with a smartphone or tablet, the employee's training records are displayed. Now, available information includes the trainer or issuing authority and other items of note, such as license number and type of training. When the credential is displayed on a phone, tablet or computer screen, it's highlighted if more details are available. A tap on the screen pulls up the added information. Basic information includes credential name, date attained and expiration date. Credential Verification Service is used in safety-crucial industries such as construction, healthcare, energy and transportation. It helps employers make sure only qualified workers are assigned potentially hazardous jobs. Besides ID cards, CVS is also available via a silicone wristband.

Blockchain Expert Alex Tapscott to deliver Keynote Adress at the Extraordinary Future Conference

Alex Tapscott, co-founder of Toronto's Blockchain Research Institute and founder of NextBlock Global, a company dedicated to investing in the digital asset space will be keynoting a the Extraordinary Future Conference on September 20th at the Vancouver Convention Centre. Tapscott recently closed an oversubscribed $20 Million financing for NextBlock Global. The firm will be using the funds to buy cryptocurrencies and invest in startups built using blockchain technology. "We are delighted with the outcome of this financing and we are ready to lead in this fast changing and disruptive marketplace," said Alex Tapscott. Blockchain technology will be a substantial focus at the Extraordinary Future Conference. Alex Tapscott will be joined by Harry Pokrandt, CEO of Hive Blockchain, Guy Halford-Thompson, CEO of BTL Group and Marc Van Derr Chijs, Founder of First Block Capital on a blockchain panel discussion moderated by Blake Corbett of PI Financial. The Extraordinary Future Conference will be showcasing Canadian technology companies spanning blockchain technology, virtual and augmented reality, health technology, the future of energy and more.  

HUAWEI CONNECT 2017: Cloud-and-Network synergy creates growth opportunities for carriers

'ROADS to New Growth' summit at HUAWEI CONNECT 2017 highlighted the latest progress by telecom carriers in finding new growth areas in the industry.
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Toronto Drone Film Festival Ready to Take off, to showcase best in aerial cinematography

As the Second Annual Big Drone Show fast approaches, there is still time to submit your film for the inaugural Toronto Drone Film Festival

Adam Lundin replaces Wojtek Wodzicki as President and CEO at Filo Mining

Filo Mining Corporation announces that Wojtek Wodzicki will be stepping down as Filo's President and CEO to focus on his activities as President and CEO of NGEx and will be succeeded by Adam I. Lundin, effective September 11, 2017. Lundin has also been appointed to Filo's Board of Directors. Wodzicki will continue to serve as a Director of Filo and lead advisor to the technical team. Adam Lundin's, industry expertise, and market understanding will build on the success the Company has achieved. Adam is focused on the future and helping the Company achieve its long-term strategic goals. He brings a recognized legacy and years of international finance and capital markets experience to Filo, complementing the Company's strong technical team. He is well placed to lead Filo Mining through the next phase of its growth into a significant copper, gold, and silver company. "This is the perfect time for Adam to become Filo Mining's next Chief Executive Officer," commented Lukas H. Lundin, Chairman. "He knows the business well, having started his career at a number of mining companies around the globe before moving into finance where he specialized in institutional equity sales, ultimately becoming co-lead of Pareto Securities highly-successful London office. We...
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