Concession

Carbon Streaming Announces Further Update on Rimba Raya Project

Retrieved on: 
Donnerstag, Mai 16, 2024

TORONTO, May 15, 2024 (GLOBE NEWSWIRE) -- Carbon Streaming Corporation (Cboe CA: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) today provided an update on the status of the Forest Utilization Business License (the “Concession License”) at the Rimba Raya project.

Key Points: 
  • TORONTO, May 15, 2024 (GLOBE NEWSWIRE) -- Carbon Streaming Corporation (Cboe CA: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) today provided an update on the status of the Forest Utilization Business License (the “Concession License”) at the Rimba Raya project.
  • On April 26, 2024, the Company announced that it was informed of two third-party media reports that claimed that PT Rimba Raya Conservation (“PT Rimba”), the local concession holder for the Rimba Raya project, had its Concession License revoked by the Indonesian Government’s Ministry of Environment and Forestry (the “MOEF”).
  • InfiniteEARTH Limited and its Indonesian subsidiary PT InfiniteEARTH Nusantara, the project proponent of the Rimba Raya project (collectively “InfiniteEARTH”), with whom the Company had previously entered into the carbon credit streaming agreement covering the Rimba Raya project (the “Rimba Raya Stream”), has operated the Rimba Raya project through a series of agreements with PT Rimba, its local partner in Indonesia and the direct legal holder of the concession rights granted by the Indonesian Government pursuant to the Concession License.
  • At the present time, the Company is evaluating all legal avenues to protect its investment in the Rimba Raya project and to strictly enforce its legal and contractual rights under the Rimba Raya Stream.

Carbon Streaming Provides Update on Rimba Raya Project

Retrieved on: 
Freitag, April 26, 2024

TORONTO, April 26, 2024 (GLOBE NEWSWIRE) -- Carbon Streaming Corporation (Cboe CA: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) provides an update on the Rimba Raya Project (“Rimba Raya” or the “Project”).

Key Points: 
  • TORONTO, April 26, 2024 (GLOBE NEWSWIRE) -- Carbon Streaming Corporation (Cboe CA: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) provides an update on the Rimba Raya Project (“Rimba Raya” or the “Project”).
  • Carbon Streaming is actively working with InfiniteEARTH Limited and Infinite-Earth Nusantara (collectively, “InfiniteEARTH”), the Company’s Rimba Raya project proponent and owner of the carbon rights, and local Indonesian counsel to validate the claims made by the third-party media reports.
  • The Company entered into a purchase and sale agreement dated July 30, 2021 (the “Rimba Raya Stream”) with InfiniteEARTH in respect of the Rimba Raya project.
  • The Company will continue to update shareholders in respect of further developments in respect of the Rimba Raya project and the Rimba Raya Stream.

SAMBAZON® Açaí Bowls Continues Growth Trajectory with New Hartsfield-Jackson Atlanta International Airport Location

Retrieved on: 
Dienstag, April 16, 2024

SAMBAZON Açaí Bowls ATL is the brand’s third airport location to open recently, following the company’s Orange County John Wayne location, and foray into the aviation world, with its Charlotte Douglas International Airport space, both opening last year.

Key Points: 
  • SAMBAZON Açaí Bowls ATL is the brand’s third airport location to open recently, following the company’s Orange County John Wayne location, and foray into the aviation world, with its Charlotte Douglas International Airport space, both opening last year.
  • "Hartsfield-Jackson Atlanta International Airport is the most frequented airport in the world, and having a presence there speaks to the love people have for both Açaí bowls and SAMBAZON," said Co-Founder and CEO, Ryan Black.
  • Signature items include SAMBAZON’s Berry Açaí Bowl, Protein Açaí Bowl, Chocolate PB Açaí Bowl, and Coconut Mango Açaí Bowl.
  • SAMBAZON Açaí Bowls’ menu offers a variety of handcrafted Açaí bowls, superfood smoothies, hearty oatmeal bowls, traditional Brazilian cheese bread, and more.

CPKC announces departure of Executive Vice President and Chief Transformation Officer

Retrieved on: 
Mittwoch, März 20, 2024

CALGARY, AB, March 20, 2024 /PRNewswire/ - Today, Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) announced the departure of John Orr, Executive Vice President and Chief Transformation Officer.

Key Points: 
  • CALGARY, AB, March 20, 2024 /PRNewswire/ - Today, Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) announced the departure of John Orr, Executive Vice President and Chief Transformation Officer.
  • "On behalf of the Board of Directors and the CPKC family I would like to thank John for his contributions and impactful leadership," said CPKC President and Chief Executive Officer Keith Creel.
  • Mr. Orr was appointed Executive Vice President and Chief Transformation Officer of CPKC on April 14, 2023.
  • Prior to this role, he served as Executive Vice President Operations for Kansas City Southern from 2021 through 2023.

Sale of Working Interests in Zarghun South and Nareli Block

Retrieved on: 
Donnerstag, Februar 1, 2024

Further, Jura anticipates significant near-term cash calls related to both the Zarghun South and Nareli assets for which funding is not readily available.

Key Points: 
  • Further, Jura anticipates significant near-term cash calls related to both the Zarghun South and Nareli assets for which funding is not readily available.
  • Spud has a 40% Working Interest in the Zarghun South Lease under the November 30, 1994 Bolan Petroleum Concession Agreement.
  • The impact of the Zarghun South Assignment on Jura will be as follows: the current production at Zarghun South is approximately 3 million cubic feet per day (1.2 MMcf/d net to Spud).
  • 3068-9 dated October 13, 2021 (the “Nareli License”) and the Nareli Petroleum Concession Agreement dated October 13, 2021 executed with the GoP (the “Nareli PCA”) as well as a joint operating agreement (the “Nareli JOA”, and together with the Nareli License and the Nareli PCA, the “Nareli Concession Documents”).

Cerro de Pasco Resources receives Green Light on Land Easement Application Process for Quiulacocha Tailings

Retrieved on: 
Donnerstag, Januar 11, 2024

Guy Goulet, CEO of Cerro De Pasco Resources, “Our perseverance and meticulous adherence to process has finally paid off.

Key Points: 
  • Guy Goulet, CEO of Cerro De Pasco Resources, “Our perseverance and meticulous adherence to process has finally paid off.
  • The Easement will enable the Company to perform confirmatory exploration via a 40-hole sonic drilling program.
  • The Quiulacocha Tailings Storage Facility covers approximately 115 hectares and is estimated to hold approximately 75 million tonnes of tailings deposited from the 1920s to 1990s, with tailings deposited in the Quiulacocha Tailings Storage Facility from the early 1920´s to 1992.
  • The Quiulacocha Tailings Storage Facility is comprised of processing residues that came from the Cerro de Pasco open pit and underground mine.

First Quantum Comments on Developments in Panama

Retrieved on: 
Freitag, Dezember 1, 2023

TORONTO, Dec. 01, 2023 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) notes comments made by the President of Panama, Laurentino Cortizo, that on publishing of the Supreme Court of Panama’s ruling of Law 406 as unconstitutional, there will be a transition process for the closure of the Cobre Panama mine. Minera Panamá S.A. (“MPSA”), a subsidiary of First Quantum, is currently seeking additional details in respect of the ruling and its implications. With these developments, the Company is suspending its production guidance for Cobre Panama for the current year.

Key Points: 
  • TORONTO, Dec. 01, 2023 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) notes comments made by the President of Panama, Laurentino Cortizo, that on publishing of the Supreme Court of Panama’s ruling of Law 406 as unconstitutional, there will be a transition process for the closure of the Cobre Panama mine.
  • Minera Panamá S.A. (“MPSA”), a subsidiary of First Quantum, is currently seeking additional details in respect of the ruling and its implications.
  • With these developments, the Company is suspending its production guidance for Cobre Panama for the current year.
  • Further information about Cobre Panama:
    For the past 25 years, MPSA has developed and operated the Cobre Panama mine.

First Quantum Provides Update on Cobre Panama Operations

Retrieved on: 
Montag, November 20, 2023

TORONTO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) today announced that its subsidiary, Minera Panamá S.A. (“MPSA”), has further ramped down operations at Cobre Panama to one remaining ore processing train. Without shipments arriving at the mine’s Punta Rincón port, it expects to run out of supplies for the on-site power plant during the week commencing November 20, 2023.

Key Points: 
  • TORONTO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) today announced that its subsidiary, Minera Panamá S.A. (“MPSA”), has further ramped down operations at Cobre Panama to one remaining ore processing train.
  • The safety and well-being of the Cobre Panama workforce, of which approximately 90% are Panamanian and have been trained and developed by First Quantum, is the Company’s priority.
  • Further information about Cobre Panama:
    For the past 25 years, MPSA has developed and operated the Cobre Panama mine.
  • Cobre Panama has also developed substantial community outreach and environmental mitigation programs, both during the construction phase of the mine and since commercial operations commenced in September 2019.

Cerro de Pasco Resources closes first tranche of $1.8M equity financing, provides update on Land Easement Application Process for Quiulacocha Tailings

Retrieved on: 
Montag, November 20, 2023

MONTRÉAL, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (CSE:CDPR) (OTCPK: GPPRF) (FRA: N8HP) (“CDPR” or the “Company”) has closed a first Tranche of its previously announced non-brokered private placement, for total aggregate gross proceeds of $ 1,772,000 (the "Offering").

Key Points: 
  • Having confirmed AMSAC’s rejection of a voluntary land easement, DGM endorsed the initiation of a Legal (or “Forced”) Easement process.
  • The process recognizes that CDPR owns an irrevocable and indefinite right to explore and exploit the El Metalurgista concession, covering the Quiulacocha Tailings.
  • The Quiulacocha tailings deposit (4,300 masl) covers approximately 115 hectares with tailings deposited in the Quiulacocha Tailings Storage Facility (TSF) from the early 1920´s to 1992.
  • The tailings stored in the TSF, comprised of processing residues, come from the Cerro de Pasco open pit and underground mine.

Redfin Reports More Than One-Third of Home Sellers Are Giving Concessions to Buyers

Retrieved on: 
Dienstag, November 14, 2023

This is according to data submitted by Redfin buyers’ agents across the country, going back through 2020.

Key Points: 
  • This is according to data submitted by Redfin buyers’ agents across the country, going back through 2020.
  • A concession is recorded when an agent reports a seller provided something that helped reduce the buyers’ total cost of purchasing the home.
  • Boston sellers only provided concessions in 11.1% of home sales, the lowest share of the metros in Redfin’s analysis.
  • Sellers there gave concessions to buyers in 63.3% of home sales during the three months ending Oct. 31, up 25.2 percentage points from a year earlier.