PGE

Poxel Announces Cash Runway Extended Through Q2 2025 Based upon Debt Restructuring Agreement and New Equity-linked Financing Facility

Retrieved on: 
Thursday, March 23, 2023
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With these agreements, assuming the full drawdown of the new equity-linked financing facility, the Company has extended its cash runway and expects to fund its operations and capital expenditure requirements through Q2 2025.

Key Points: 
  • With these agreements, assuming the full drawdown of the new equity-linked financing facility, the Company has extended its cash runway and expects to fund its operations and capital expenditure requirements through Q2 2025.
  • Based on the conservative forecast agreed upon by the Company and its lenders, amortization payments would be postponed until Q1 2025.
  • In addition, the agreement with IPF now offers more flexibility under the financial covenants, as detailed in the dedicated section below.
  • According to a schedule based on conservative TWYMEEG revenue projections, the Company expects the debt to be fully repaid in Q2 2029 at the latest.

Benjamin Felton joins Portland General Electric as Chief Operating Officer

Retrieved on: 
Monday, March 20, 2023
NIPSCO, Spring Arbor University, Consumers Energy, Energy supply, Alberta Electric System Operator, DTE, Electricity, Portland General Electric, Business administration, POR, Engineering, PGE, Brotherhood of Electric: Operational Directives, NYSE, NiSource, Safety, Renewable energy, Management, Maintenance

PORTLAND, Ore., March 20, 2023 /PRNewswire/ -- Portland General Electric (PGE) (NYSE:POR) announced the appointment of Benjamin (Ben) Felton as the company's new Chief Operating Officer, effective April 3, 2023. In his role, Felton will lead the utility operations groups, including generation, distribution, engineering, project management, environmental, construction, safety and other operations-focused areas.

Key Points: 
  • PORTLAND, Ore., March 20, 2023 /PRNewswire/ -- Portland General Electric (PGE) (NYSE:POR) announced the appointment of Benjamin (Ben) Felton as the company's new Chief Operating Officer, effective April 3, 2023.
  • In his role, Felton will lead the utility operations groups, including generation, distribution, engineering, project management, environmental, construction, safety and other operations-focused areas.
  • Felton comes to PGE with more than 30 years of energy industry experience with Consumers Energy, NiSource and DTE.
  • Felton holds a degree in Business Management and received a Master of Arts in Business Administration and Management from Spring Arbor University.

Palladium One and MetalCorp Enter into Definitive Agreement for a Business Combination

Retrieved on: 
Monday, March 6, 2023
FSE, Copper, Force, Model Business Corporation Act, TSX Venture Exchange, PGE Polska Grupa Energetyczna, Par value, PGE, MTC, Partnership, Cost-exchange ratio, Nickel, National instrument, Transaction, PDM, Arrangement, National Strategic and Critical Minerals Production Act, National Instrument 43-101, Annual general meeting, Gold, SEDAR, Security (finance), Mining, Cryptocurrency, Palladium

TORONTO, ON, Mar 6, 2023 - (ACN Newswire) - Palladium One Mining Inc. (TSXV: PDM) (FSE: 7N11) (OTCQB: NKORF) ("Palladium One" or "PDM") and MetalCorp Limited (TSXV: MTC) ("MetalCorp" or "MTC") are pleased to announce a definitive agreement (the "Arrangement Agreement") for a business combination to be completed under a plan of arrangement.

Key Points: 
  • TORONTO, ON, Mar 6, 2023 - (ACN Newswire) - Palladium One Mining Inc. (TSXV: PDM) (FSE: 7N11) (OTCQB: NKORF) ("Palladium One" or "PDM") and MetalCorp Limited (TSXV: MTC) ("MetalCorp" or "MTC") are pleased to announce a definitive agreement (the "Arrangement Agreement") for a business combination to be completed under a plan of arrangement.
  • Palladium One has agreed pursuant to the Arrangement Agreement to acquire all of the issued and outstanding shares of MetalCorp by way of a statutory plan of arrangement under the Business Corporations Act (Ontario) (the "Transaction").
  • "We are pleased to be combining MetalCorp's business with Palladium One," commented Donald Sheldon, Chief Executive Officer of MTC.
  • "Like MetalCorp, Palladium One has an excellent suite of properties including gold, PGEs, copper - nickel and a strong cash position.

SILVERFISH SIGNS SHARE PURCHASE AGREEMENT WITH ONE BULLION LTD.

Retrieved on: 
Tuesday, September 12, 2023
Nickel, Subsidiary, PGE, IPCC Fourth Assessment Report, Mineral, Prospectus, National instrument, National Instrument 43-101, PGM, Bushveld, Republic, Property, Thought, CSE, Weather, City, Soil, Financial assistance (share purchase), News, Western world, MFC, Copper, Palladium, Uranium mining, Kalahari Desert, Acquisition, Sales

The project area is adjacent to Rio Tinto Exploration and is surrounded by good infrastructure.

Key Points: 
  • The project area is adjacent to Rio Tinto Exploration and is surrounded by good infrastructure.
  • The projects are located between the cities of Jwaneng and Werda, near the border with the Republic of South Africa.
  • One Bullion is completing the process of transferring the prospecting licenses comprising the Property into the Subsidiary, and it is anticipated that the closing of the Share Purchase Agreement will be completed by April 30, 2023.
  • Historical information contained in this news release derived from previous workers Assessment Reports has not been field verified.

PGE's annual Environmental, Social and Governance (ESG) report highlights progress in 2022

Retrieved on: 
Tuesday, March 7, 2023
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PORTLAND, Ore., March 7, 2023 /PRNewswire/ -- Portland General Electric (PGE) released its 2022 Environmental, Social and Governance (ESG) Report, an annual report that showcases PGE's programs and progress on its path towards a clean energy future that is equitable, sustainable and reliable.

Key Points: 
  • PORTLAND, Ore., March 7, 2023 /PRNewswire/ -- Portland General Electric (PGE) released its 2022 Environmental, Social and Governance (ESG) Report, an annual report that showcases PGE's programs and progress on its path towards a clean energy future that is equitable, sustainable and reliable.
  • This year's report highlights key initiatives and achievements that support the company's commitment to decarbonization and advancing well-being for customers, employees, communities and the environment.
  • "Our responsibilities are significant and we are continuously evolving our ambitions and best practices to advance sustainability and social equity," said Kristen Sheeran, PGE's Director of Sustainability and Resource Planning.
  • "We are firmly committed to a future in which all our customers, employees and communities can thrive."

InnovationForce selected for EPRI Incubatenergy Labs Pitch Day

Retrieved on: 
Tuesday, March 7, 2023
Q&A, Portland General Electric, Workforce, Software as a service, APS, PGE, Labs, IEL, EPRI, PALO, Future, Organization, Incubator, Arizona Public Service, Industrial design, Renewable energy

RALEIGH, N.C. and PALO ALTO, Calif., March 7, 2023 /PRNewswire-PRWeb/ -- InnovationForce, the first SaaS company to accelerate the process of innovating by making team collaboration more visible and measurable, has been selected to participate in Incubatenergy® Labs Pitch Day, a program created by EPRI for startups to engage energy providers in order to build the sustainable energy economy. InnovationForce helps businesses across industries better collaborate to make innovation happen faster by reducing time-to-decision and increasing team collaboration, and is focused on the energy industry as utilities strive to meet 2030 decarbonization mandates.

Key Points: 
  • InnovationForce, the first SaaS company to accelerate the process of innovating by making team collaboration more visible and measurable, has been selected to participate in Incubatenergy® Labs Pitch Day, a program created by EPRI for startups to engage energy providers in order to build the sustainable energy economy.
  • RALEIGH, N.C. and PALO ALTO, Calif., March 7, 2023 /PRNewswire-PRWeb/ -- InnovationForce , the first SaaS company to accelerate the process of innovating by making team collaboration more visible and measurable, has been selected to participate in Incubatenergy® Labs Pitch Day, a program created by EPRI for startups to engage energy providers in order to build the sustainable energy economy.
  • "We're excited to be a part of Incubatenergy 2023 event where the down-select to present was made by utilities.
  • Incubatenergy® Labs is built for startups to engage EPRI and electric power utilities in paid demonstration projects.

InnovationForce Named to Fast Company's Annual List of the World's Most Innovative Companies for 2023, Joining the Ranks of OpenAI, Disney, Tiffany & Co., and more

Retrieved on: 
Thursday, March 2, 2023
Software as a service, Macdonald, NASA, Early stage innovation company, Organization, Portland General Electric, Editorial, MrBeast, ITunes, PGE, Management

RALEIGH, N.C., March 2, 2023 /PRNewswire-PRWeb/ -- InnovationForce, the first SaaS company to accelerate the process of innovating by measuring performance and team collaboration, has been named to Fast Company's prestigious annual list of the World's Most Innovative Companies for 2023.

Key Points: 
  • In addition to the World's 50 Most Innovative Companies, 540 organizations are recognized across 54 sectors and regions.
  • The World's Most Innovative Companies is Fast Company's signature franchise and one of its most highly anticipated editorial efforts of the year.
  • Fast Company will host its third annual Most Innovative Companies Summit on April 19 and 20.
  • Fast Company's Most Innovative Companies issue (March/April 2023) is available online here , as well as in-app form via iTunes, and on newsstands beginning March 14.

Québec Nickel Intersects Greater Than 1.25% Nickel in Fortin Sill Zone Drilling

Retrieved on: 
Wednesday, March 1, 2023
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These results come from exploration drilling completed at the Fortin Sill Zone in late 2022 and suggest the critical metals-rich (Cu-Ni-PGE) zone is open at depth and along strike.

Key Points: 
  • These results come from exploration drilling completed at the Fortin Sill Zone in late 2022 and suggest the critical metals-rich (Cu-Ni-PGE) zone is open at depth and along strike.
  • Plan map showing the locations of selected drill holes completed at the Fortin Sill Zone with Ni + Cu assays (%) in relation to the outline of the Fortin Sill discovery outcrop.
  • Follow-up exploration, expansion and definition drilling are planned for this winter and spring at the Fortin Sill Zone.
  • Hole QDG-22-38 returned anomalous nickel, copper, and PGE values well below and to the southwest, potentially down plunge, of the Fortin Sill Zone.

Vatic Announces Airborne Magnetic Survey Planned at Sisters Mountain Critical Metals Project, New Brunswick

Retrieved on: 
Monday, February 27, 2023
REE, Mitchell, TSX, YRS, Geological Survey and Mineral Exploration of Iran, MRR, National instrument, Semiconductor, QP, Collection, Tin, Geology, Acquisition, Research, Anomaly, Rare-earth element, Platinum, TSX Venture Exchange, Property, National Instrument 43-101, Government, Base metal, Soil, Metal, Molybdenum, Recycling, PGE, Precious metal, Twin Sisters Mountain

This planned program will allow for the collection of high resolution data to produce maps showing the magnetic and electromagnetic properties of the survey area.

Key Points: 
  • This planned program will allow for the collection of high resolution data to produce maps showing the magnetic and electromagnetic properties of the survey area.
  • The Sisters Mountain Property represents an exceptional exploration opportunity based on New Brunswick Geological Survey exploration reconnaissance results.
  • It has been concluded from the reports provided by the New Brunswick Geological Survey that the Sisters Mountain Property is believed to potentially host mineral deposit types: REE (Rare Earth Elements), tin, tungsten, molybdenum, Platinum Group Metals (PGE), and Base Metals.
  • In 2005, the New Brunswick Geological Survey (NBGS) released the results of their survey.

Masdar Makes Strategic Investment in One of the World's Largest Geothermal Players, Growing Clean Energy Portfolio

Retrieved on: 
Friday, February 24, 2023
Ministry of Industry and Advanced Technology (United Arab Emirates), Carbon, Geothermal energy, Government, Tuas Power, ABU, Watt, Paris, Wind, Division of Program Coordination, Planning, and Strategic Initiatives, Nature, COP28, EDF Renewables, Renewable energy, Masdar, Earth, PGE

ABU DHABI, UAE, Feb. 24, 2023 /PRNewswire/ -- Masdar, a global clean energy powerhouse, is entering the geothermal energy sector, through a strategic investment in Pertamina Geothermal Energy (PGE), one of the world's largest geothermal players.

Key Points: 
  • ABU DHABI, UAE, Feb. 24, 2023 /PRNewswire/ -- Masdar, a global clean energy powerhouse, is entering the geothermal energy sector, through a strategic investment in Pertamina Geothermal Energy (PGE), one of the world's largest geothermal players.
  • The investment marks Masdar's entry into geothermal energy, in the second-largest geothermal market in the world.
  • We are especially excited to add geothermal energy to our clean energy portfolio, a clean energy source that can deliver dispatchable power 24 hours a day, which further underscores our position as a global leader in delivering clean energy solutions that help drive the global energy transition."
  • These attributes mean geothermal energy could potentially play a significant role in the clean energy transition, helping nations with a high concentration of geothermal activity to reduce carbon emissions.