Privatization

Actively Exploring the Boundaries of Industrial Cooperation, BaiJiaYun and ZhongkeRuijian Signed Strategic Cooperation Agreement

Retrieved on: 
Tuesday, January 30, 2024

With this strategic cooperation, both parties will fully leverage their respective strengths to engage in comprehensive and in-depth technical collaboration and joint industrial development.

Key Points: 
  • With this strategic cooperation, both parties will fully leverage their respective strengths to engage in comprehensive and in-depth technical collaboration and joint industrial development.
  • Large models have not only redefined the boundaries of artificial intelligence but have also spawned unprecedented opportunities for cross-industry technological innovations.
  • The achievement of this strategic cooperation is of significant importance to both BaiJiaYun and ZhongkeRuijian.
  • Looking forward to 2024, BaiJiaYun will continue to adhere to its innovation-driven development philosophy, constantly introducing more high-quality products and services.

CN Announces New Normal Course Issuer Bid for Share Repurchase and 7% Dividend Increase

Retrieved on: 
Tuesday, January 23, 2024

MONTREAL, Jan. 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a 7% increase in the 2024 dividend on the Company's common shares outstanding as well as the repurchase of its shares under a new normal course issuer bid (Bid).

Key Points: 
  • MONTREAL, Jan. 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a 7% increase in the 2024 dividend on the Company's common shares outstanding as well as the repurchase of its shares under a new normal course issuer bid (Bid).
  • “CN has continued to deliver good financial results and free cash flow despite challenging market conditions.
  • TSX rules permit CN to purchase daily, through TSX facilities, a maximum of 263,790 common shares under the Bid.
  • CN's current normal course issuer bid, announced in January 2023 for the purchase of up to 32 million common shares, expires on January 31, 2024.

Milei Takes the Helm in Argentina While Mining Remains in the Background, an Industrial Info News Alert

Retrieved on: 
Monday, January 22, 2024

The energy sector has been one of his priorities since coming to power, although mining operations have been left on the side.

Key Points: 
  • The energy sector has been one of his priorities since coming to power, although mining operations have been left on the side.
  • Milei has moved to end fuel and gas subsidies, halt public investments and reduce the size of the government.
  • Also, the reform measure includes benefits for major projects in Argentina as a way to attract investors to the country, which could benefit the mining sector.
  • Despite these announcements, the mining sector is still on standby, awaiting more signs of what could happen.

Arkhouse Issues Statement on Macy’s, Inc.

Retrieved on: 
Sunday, January 21, 2024

Arkhouse Management Co. LP (together with its affiliates, “Arkhouse”, “we” or “us”), which owns a significant stake in Macy’s, Inc. (“Macy’s” or the “Company”) (NYSE: M), today issued the following statement from Arkhouse Managing Partners Gavriel Kahane and Jonathon Blackwell:

Key Points: 
  • Arkhouse Management Co. LP (together with its affiliates, “Arkhouse”, “we” or “us”), which owns a significant stake in Macy’s, Inc. (“Macy’s” or the “Company”) (NYSE: M), today issued the following statement from Arkhouse Managing Partners Gavriel Kahane and Jonathon Blackwell:
    “In recent weeks, Arkhouse and our partner, Brigade Capital Management, LP, have engaged privately with Macy’s regarding a potential acquisition of the Company.
  • We encourage the Company to respond to us this week, as it indicated, without further delaying substantive discussions.
  • Jefferies Group LLC has provided a highly confident letter supporting our ability to raise the necessary funds for the transaction.
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as legal counsel and Jefferies Group LLC is serving as financial advisor to the buyer group.

Saskatchewan teacher strike: It's about bargaining for the common good

Retrieved on: 
Wednesday, January 17, 2024

Both conservative commentators and the premier have argued the bargaining table is not the place for teachers to negotiate concerns about classroom issues.

Key Points: 
  • Both conservative commentators and the premier have argued the bargaining table is not the place for teachers to negotiate concerns about classroom issues.
  • Although bargaining is sometimes interpreted narrowly as a discussion over wages and benefits it is not, by its nature, limited to that.
  • Bargaining can — and has — acted as a democratic tool to expand public resources to areas beyond workplace compensation.

Bargaining classroom size

  • In Ontario, the Elementary Teachers’ Federation of Ontario has negotiated that the boards and government provide ongoing classroom size data to the union in order to determine future classroom ratios.
  • The court ruled the government’s decision to unilaterally prevent teachers from bargaining classroom size and composition was a violation of their constitutional rights to bargaining collectively.

Cuts to education


The dispute in Saskatchewan did not come out of nowhere. There has been a 10 per cent drop in per-student funding since 2012-2013. In 2017, the Saskatchewan Party government cut funding to public education by $22 million from the previous fiscal year. In the same period, enrolments have risen to record numbers. These issues pushed teachers to a collective bargaining dispute in 2019, but it was interrupted by the COVID-19 pandemic.

Staffing crises

  • Becotte’s comments align with research showing attrition rates have hovered at close to 50 per cent over about the last decade.
  • Squeezed board budgets have meant an increase in fees to some Saskatoon and Regina parents for lunch-time supervision.
  • Numbers have dropped for many educational roles, including for educational assistants, English as an additional language teachers, counsellors, librarians, psychologists and other pathologists.

‘Parents rights’ issues

  • The government said this was an issue of parents’ rights.
  • Yet many others interpreted it as an attack on the ability of teachers to provide necessary support and guidance to kids in a safe and supportive environment.

Bargaining as important tool

  • Trying to prevent teachers from including issues surrounding unmet student needs in bargaining is to effectively leave the public in the dark on the conditions of our schools and render governments largely unaccountable.
  • The most important tool that all unionized workers have at their disposal is their ability to collectively bargain.
  • Many of these campaigns have been waged by teachers’ unions.

Unions driving change

  • CUPW’s success encouraged other unions to take a similar position and today public maternity/paternity leave is a universal public program.
  • Unions and their members have real power when they use the tools available to them to seek real workplace and community change.

Bargaining about trade-offs

  • Prioritizing issues related to what unions identify as key “common good” themes might mean that other issues cannot be highlighted.
  • While salaries and benefits will always be an issue, there is overwhelming teacher support for existing bargaining proposals.


Simon Enoch is a member of the Saskatchewan New Democratic Party Charles Smith does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

SJI Appoints Timothy Lowry as Senior Vice President and General Counsel

Retrieved on: 
Thursday, January 11, 2024

FOLSOM, NJ, January 11, 2024 – SJI announced the appointment of Timothy “Tim” Lowry to senior vice president and general counsel effective January 8.

Key Points: 
  • FOLSOM, NJ, January 11, 2024 – SJI announced the appointment of Timothy “Tim” Lowry to senior vice president and general counsel effective January 8.
  • As general counsel, Lowry will serve as the principal legal officer for SJI and key advisor to the CEO, senior management, and the Board of Directors.
  • He will also be responsible for strategic leadership for the Office of the General Counsel, providing the expertise needed to support SJI’s growing business.
  • “We are thrilled to welcome Tim to SJI,” said SJI President and CEO, Mike Renna.

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

Retrieved on: 
Thursday, January 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.

Alpha Lithium Shareholders Approve the Privatization of Alpha Lithium by Tecpetrol

Retrieved on: 
Friday, December 15, 2023

VANCOUVER, British Columbia, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Alpha Lithium Corporation (NEO: ALLI) (OTC: APHLF) (German WKN: A3CUW1) (“Alpha”) is pleased to announce that, at the special meeting (the “Meeting”) of holders of common shares of Alpha (“Alpha Shareholders”) held earlier today, Alpha Shareholders approved the privatization of Alpha pursuant to the amalgamation (the “Amalgamation”) of Alpha and 1446978 B.C.

Key Points: 
  • VANCOUVER, British Columbia, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Alpha Lithium Corporation (NEO: ALLI) (OTC: APHLF) (German WKN: A3CUW1) (“Alpha”) is pleased to announce that, at the special meeting (the “Meeting”) of holders of common shares of Alpha (“Alpha Shareholders”) held earlier today, Alpha Shareholders approved the privatization of Alpha pursuant to the amalgamation (the “Amalgamation”) of Alpha and 1446978 B.C.
  • The amalgamated company resulting from the Amalgamation will be known as “Alpha Lithium Corporation” (“Amalco”).
  • The Consideration is the same form and same amount of consideration offered to Alpha Shareholders under the Offer.
  • Alpha Shareholders who hold their Alpha Shares through an investment advisor, broker, bank, trust company, custodian, nominee or other intermediary must contact such intermediary for instructions and assistance in exchanging their Alpha Shares for the Consideration.

Number of Ontario hospital emergency closures soars to new record: Health Coalition demands Ford government finally take action

Retrieved on: 
Tuesday, December 5, 2023

Now, the Coalition found that the number of emergency department closures has increased even more.

Key Points: 
  • Now, the Coalition found that the number of emergency department closures has increased even more.
  • The town of Durham in Western Ontario has had at least 51 emergency department closures in 2023 to date.
  • “It is indisputable that these closures are endangering the health of Ontario residents,” warned Natalie Mehra, executive director of the Ontario Health Coalition.
  • The Health Coalition demanded the Ford government take real action to address the crisis.

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

Retrieved on: 
Monday, 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.