AB

Nomination Committee's proposal for Board of Directors of AB SKF

Retrieved on: 
Friday, February 10, 2023

GOTHENBURG, Sweden, Feb. 10, 2023 /PRNewswire/ -- SKF's Nomination Committee proposes Beth Ferreira, Therese Friberg, Richard Nilsson and Niko Pakalén as new Board members of AB SKF.

Key Points: 
  • GOTHENBURG, Sweden, Feb. 10, 2023 /PRNewswire/ -- SKF's Nomination Committee proposes Beth Ferreira, Therese Friberg, Richard Nilsson and Niko Pakalén as new Board members of AB SKF.
  • She has previously held several senior positions, including as group president for several different business areas for Illinois Tool Works (ITW).
  • Richard Nilsson is Investment Director at FAM AB and board member of Stora Enso Oyj, IPCO AB, GROPYUS AG and Cinder Invest AB.
  • The Nomination Committee proposes that the Board of Directors shall consist of ten members and no deputy members.

Kathairos Solutions to bring 1,000 methane elimination systems to Alberta in 2023

Retrieved on: 
Thursday, February 9, 2023

The company will bring 1,000 methane elimination systems to Alberta in the year ahead – an unprecedented technology deployment that will eliminate an estimated 141,000 tonnes of CO2e emissions annually.

Key Points: 
  • The company will bring 1,000 methane elimination systems to Alberta in the year ahead – an unprecedented technology deployment that will eliminate an estimated 141,000 tonnes of CO2e emissions annually.
  • The large-scale, 1000-unit deployment of Kathairos' transformative methane elimination systems will commence in March as a focused effort around the Grande Prairie, Fox Creek and Rimbey regions.
  • These areas are home to more than 50,000 well sites currently venting methane in their routine operations – a highly potent greenhouse gas.
  • "We endorse the Kathairos solution as it enables producers to meet methane reduction and elimination regulations now, and into the future as the targets tighten towards net zero."

CP and United Steelworkers Local 1976 reach tentative collective agreement

Retrieved on: 
Thursday, February 9, 2023

CALGARY, AB, Feb. 9, 2023 /PRNewswire/ - Canadian Pacific (TSX: CP) (NYSE: CP) today announced it has reached a tentative collective agreement with the United Steelworkers (USW) Local 1976 covering approximately 550 administrative support and intermodal employees in Canada.

Key Points: 
  • CALGARY, AB, Feb. 9, 2023 /PRNewswire/ - Canadian Pacific (TSX: CP) (NYSE: CP) today announced it has reached a tentative collective agreement with the United Steelworkers (USW) Local 1976 covering approximately 550 administrative support and intermodal employees in Canada.
  • This tentative agreement is a testament to the hard work and commitment of both sides."
  • CP has successfully negotiated three tentative collective agreements with its unions in 2023.
  • Details of the USW tentative collective agreement will not be released publicly until the agreement has been ratified.

BioAro is the first Canadian company to launch comprehensive genetic testing panels for various heart diseases

Retrieved on: 
Thursday, February 9, 2023

Almost 1 in 3 Canadians are touched by heart failure, and over 100,000 new Canadians are diagnosed with heart failure every year.

Key Points: 
  • Almost 1 in 3 Canadians are touched by heart failure, and over 100,000 new Canadians are diagnosed with heart failure every year.
  • February is known as International Heart month in order to raise awareness about the various heart conditions and create ways to help in reducing the mortality rate caused due to heart diseases.
  • BioAro is taking an initiative to launch the genetic testing of targeted panels for heart disease conditions using high-throughput next generation sequencing technique.
  • Heart Failure: Heart failure is a chronic, progressive condition in which your heart muscle can't pump enough blood to meet your body's needs all the time.

NEW DEEP EARTH GEOTHERMAL POWERED CONTROLLED ENVIRONMENT AGRICULTURE PROJECT

Retrieved on: 
Thursday, February 9, 2023

Freshbay is launching a large-scale, deep earth geothermal powered, 19-acre controlled environment agriculture (CEA) facility expected to begin operations in Hinton, Alberta, in January 2024.

Key Points: 
  • Freshbay is launching a large-scale, deep earth geothermal powered, 19-acre controlled environment agriculture (CEA) facility expected to begin operations in Hinton, Alberta, in January 2024.
  • The project will be the first of its kind in North America to harness deep earth geothermal energy to mass produce in remote regions.
  • Vic Reddy, CEO of Freshbay, commented: "This geo-agriculture project is being led by a strong, passionate geothermal energy team with strategic agriculture and tech partners.
  • We are thrilled to launch this large-scale, deep earth geothermal agriculture project, which has the potential to revolutionize indoor farming.

Grounded Lithium Announces Development Plan to Support Upcoming Preliminary Economic Assessment

Retrieved on: 
Wednesday, February 8, 2023

This entire analysis will contribute to the completion of our Preliminary Economic Assessment ("PEA") on phase one of the KLP expected to be completed during Q2 2023.

Key Points: 
  • This entire analysis will contribute to the completion of our Preliminary Economic Assessment ("PEA") on phase one of the KLP expected to be completed during Q2 2023.
  • This proposed development plan is best depicted by the following graphic, which can also be found in our latest corporate presentation on our website.
  • Several factors may impact our timing of the development plan, however the Company anticipates production commencement in the 2026 timeframe.
  • As has been communicated in the past, we plan to deploy direct lithium extraction technology to deliver a very economic project.

ASC finds that Gerald Michael Budzinski breached Alberta securities laws; dismisses allegations of market manipulation

Retrieved on: 
Tuesday, February 7, 2023

CALGARY, AB, Feb. 7, 2023 /CNW/ - The Alberta Securities Commission (ASC) has found that Gerald Michael Budzinski breached the Securities Act (Alberta) by failing to comply with securities law requirements related to insider reporting, early warning disclosure and take-over bids.

Key Points: 
  • CALGARY, AB, Feb. 7, 2023 /CNW/ - The Alberta Securities Commission (ASC) has found that Gerald Michael Budzinski breached the Securities Act (Alberta) by failing to comply with securities law requirements related to insider reporting, early warning disclosure and take-over bids.
  • An ASC panel determined that, from August 2015 to June 2016, Budzinski attained control or direction over a significant number of shares of BCM Resources Corporation (BCM).
  • The ASC panel dismissed allegations that Budzinski engaged in market manipulation.
  • As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.

Gibson Energy Maintains Industry-Leading Safety Performance and Sustainability Leadership Position for 2022

Retrieved on: 
Tuesday, February 7, 2023

CALGARY, AB, Feb. 7, 2023 /PRNewswire/ - Gibson Energy Inc. is pleased to announce another successful year of industry-leading safety performance, achieving top quartile safety performance among North American peers for the second consecutive year.

Key Points: 
  • CALGARY, AB, Feb. 7, 2023 /PRNewswire/ - Gibson Energy Inc. is pleased to announce another successful year of industry-leading safety performance, achieving top quartile safety performance among North American peers for the second consecutive year.
  • "We are proud of our continued industry-leading safety performance and more broadly, another year of exceptional performance against our ESG goals.
  • It is our commitment to play an integral role in the Canadian energy value chain and demonstrate our leadership in the midstream energy space."
  • Gibson reaffirmed its leadership in sustainability through top quartile rankings across key globally recognized ESG rating agencies.

Real Luck Group Announces Continued Growth in 2023

Retrieved on: 
Tuesday, February 7, 2023

CALGARY, AB and Isle of Man, Feb. 7, 2023 /PRNewswire/ - Real Luck Group Ltd .

Key Points: 
  • CALGARY, AB and Isle of Man, Feb. 7, 2023 /PRNewswire/ - Real Luck Group Ltd .
  • (TSX.V: LUCK) (OTCQB: LUKEF) (the "Company") and its subsidiary companies doing business as " Luckbox " (the "Group"), an award-winning provider of licensed, real money esports betting, sports betting and casino games, announces that it's January operating metrics following December's metrics, which exceeded objectives.
  • "This strong month-to-month growth was expected, and is simply a result of the collective experience that our team has acquired from driving growth at prior companies.
  • said Real Luck Group CEO Thomas Rosander.

Alberta Enterprise Corporation invests further into cleantech for an evolving energy industry

Retrieved on: 
Tuesday, February 7, 2023

AEC invests in Evok to accelerate the development of critical energy transition and industrial decarbonization.

Key Points: 
  • AEC invests in Evok to accelerate the development of critical energy transition and industrial decarbonization.
  • Their first fund was established in 2016 as a partnership between Calgary-headquartered energy heavyweights, Suncor and Cenovus, along with BC CEO Cleantech Alliance.
  • "Energy and industrial technology companies make up a substantial part of Alberta's tech sector, and attracting capital to grow those businesses will help to deliver the energy innovation the world needs," commented Kristina Williams, CEO of Alberta Enterprise Corporation.
  • "There's talent here that understands the energy sector, sees new opportunities, and recognizes the path to deploy cleantech at scale."