Luminus

Jaguar Transportation Inc. Acquired by Luminus Management in Partnership with Lilium Group and Gateway Transport – a Consortium of Prominent Mexican Industrial Interests

Retrieved on: 
Monday, July 17, 2023
Supply Chain Management, Automotive, Professional Services, Other Transport, Trucking, Transport, Other Automotive, Retail, Logistics, Fleet Management, Finance, P.C, Partnership, W Holding Company, General counsel, Light, Aiza, Acquisition, Investment, Growth, Holding company, Gateway, Drug, Creel, Luminus, Antonino Scopelliti

The transaction was completed in partnership with Lilium Group LLC (“Lilium”), a private equity firm focused on transportation and industrial investments, and Gateway Transport Investments LLC (“Gateway”), a consortium of prominent Mexican investors active in the industrial and transportation sectors.

Key Points: 
  • The transaction was completed in partnership with Lilium Group LLC (“Lilium”), a private equity firm focused on transportation and industrial investments, and Gateway Transport Investments LLC (“Gateway”), a consortium of prominent Mexican investors active in the industrial and transportation sectors.
  • Together, Luminus and its partners expect to make substantial investments to expand Jaguar’s service offerings to new and existing customers.
  • Jaguar will remain headquartered in Monterrey, Nuevo Leon, Mexico and the current management team is expected to continue in their present roles.
  • Most notably, Jaguar holds the only active Neutral Foreign Investment Permit which grants a majority US-owned company freedom to operate in the same manner as a Mexican national carrier.

Patriot Battery Metals Announces Board Changes

Retrieved on: 
Thursday, April 14, 2022
Lithium, CSE, Board, Awareness, Millennium, Luminus, FCI, Corvette, Pontax River, Property, GLOBE, Metal, FSE, Ownership, Natural Resources, Company, Morgan Stanley, Amherst College, NWT, JC, Industry, Acquisition, QC

VANCOUVER, British Columbia, April 13, 2022 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the Company or Patriot) (CSE: PMET) (OTCQB: PMETF) (FSE: R9GA) is pleased to announce the appointment of Mr. Jon Christian Evensen as a Director of the Company effective immediately.

Key Points: 
  • VANCOUVER, British Columbia, April 13, 2022 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the Company or Patriot) (CSE: PMET) (OTCQB: PMETF) (FSE: R9GA) is pleased to announce the appointment of Mr. Jon Christian Evensen as a Director of the Company effective immediately.
  • In addition to his time at Luminus, he covered the metals & mining industry while at Millennium and a number of start-up hedge funds.
  • President and Director, Blair Way, states: We are very pleased to welcome JC to the Patriot Battery Metals team.
  • About Patriot Battery Metals Inc.
    Patriot Battery Metals Inc. is a mineral exploration company focused on the acquisition and development of mineral properties containing battery, base, and precious metals.

Distinction Energy Corp. Announces Closing of Strategic Simonette Asset Acquisition

Retrieved on: 
Wednesday, April 28, 2021
Luminus

McDaniel acted as a strategic advisor to Kiwetinohk on the Acquisition.\nIn connection with the closing of the Acquisition, and pursuant to a settlement agreement (the \xe2\x80\x9cSettlement Agreement\xe2\x80\x9d) entered into on February 17, 2021, among Luminus Energy IE Designated Activity Company (\xe2\x80\x9cLuminus Energy\xe2\x80\x9d), 1266580 B.C.

Key Points: 
  • McDaniel acted as a strategic advisor to Kiwetinohk on the Acquisition.\nIn connection with the closing of the Acquisition, and pursuant to a settlement agreement (the \xe2\x80\x9cSettlement Agreement\xe2\x80\x9d) entered into on February 17, 2021, among Luminus Energy IE Designated Activity Company (\xe2\x80\x9cLuminus Energy\xe2\x80\x9d), 1266580 B.C.
  • Ltd. (an affiliate of Luminus Energy) (\xe2\x80\x9cLuminus B.C.\xe2\x80\x9d), Kiwetinohk, the Company and Distinction Energy Partnership (\xe2\x80\x9cDEP\xe2\x80\x9d):\nMessrs.
  • As a corporate board director, Mr. Koach has guided several companies through difficult financial situations including, turn-arounds, workouts and bankruptcies.
  • Distinction is headquartered in Calgary, Alberta.\nFOR FURTHER INFORMATION PLEASE CONTACT:\n2300 - 333 \xe2\x80\x93 7th Avenue S.W.\n'

Distinction Energy Corp. (formerly named Delphi Energy Corp.) announces amendment and exercise of warrants issued to Kiwetinohk Resources Corp. and related amendments to Investor Agreement and Management Services Agreement

Retrieved on: 
Friday, January 15, 2021
Equity securities, Financial economics, Corporate finance, Finance, Money, Stock market, Options, Warrant, Common stock, Share, Luminus

Thereafter, KRC shall be entitled to three (3) Board nominees and Luminus Energy shall be entitled to two (2) Board nominees (subject to meeting certain ownership thresholds).

Key Points: 
  • Thereafter, KRC shall be entitled to three (3) Board nominees and Luminus Energy shall be entitled to two (2) Board nominees (subject to meeting certain ownership thresholds).
  • The Initial Acquired Common Shares and Warrants were acquired for an aggregate purchase price of $22,916,670.
  • Immediately prior to the acquisition of the Additional Acquired Common Shares, KRC owned 1,522,181 Common Shares representing 25% of the issued and outstanding Common Shares (on a non-diluted basis).
  • Distinction continues to outperform key industry players by improving operational efficiencies and growing our dominant Bigstone land position in this world-class play.

Cuvée Systems, Inc.® Breaks Through with IP68 Compact LED Driver and Unique System Level COB + Driver Warranty

Retrieved on: 
Thursday, March 12, 2020
Technology, Hardware, Semiconductor, Consumer electronics, Articles, Luminus, Construction, Warranty, Cob, IP Code, Sustainable building

Cuve Systems announced its second compact driver family, the DR8 Series of IP68 rated LED drivers.

Key Points: 
  • Cuve Systems announced its second compact driver family, the DR8 Series of IP68 rated LED drivers.
  • Available immediately, the DR8 Series waterproof LED Drivers are designed for permanent submersion in water as deep as thirteen feet.
  • In conjunction with the release of the DR8 Series, Cuve and Luminus, a leading COB manufacturer and supplier, are announcing a unique combined 5-Year Warranty that covers both the COB and LED Driver when used together.
  • For more information about Cuve Systems, its DR8 Series Compact Waterproof LED Drivers and the new combined 5-Year Warranty with Luminus, please visit our web site, https://www.luminus.com/resource/warranty-info .

Valaris Appoints Adam Weitzman to Board of Directors

Retrieved on: 
Monday, January 27, 2020
Articles, Companies, Valaris plc, Business, Valaris, Board of directors, Luminus

LONDON, Jan. 27, 2020 /PRNewswire/ -- Valaris plc (NYSE: VAL) ("Valaris" or the "Company") today announced that, as part of the Board's comprehensive refreshment program, it has agreed to appoint Adam Weitzman to its Board of Directors.

Key Points: 
  • LONDON, Jan. 27, 2020 /PRNewswire/ -- Valaris plc (NYSE: VAL) ("Valaris" or the "Company") today announced that, as part of the Board's comprehensive refreshment program, it has agreed to appoint Adam Weitzman to its Board of Directors.
  • With this appointment, the Valaris Board of Directors will be comprised of 12 directors, 11 of whom will stand for re-election at the Company's 2020 Annual General Meeting of Shareholders.
  • Carl G. Trowell, Executive Chairman of the Board of Directors, said, "We welcome Adam to the Board and appreciate Luminus' ongoing support for the Company.
  • Mr. Weitzman said, "Luminus applauds Valaris' recent moves to augment the Board, and we are pleased to have reached a comprehensive agreement with Valaris.

Valaris Comments on Luminus' Intent to Nominate Director Candidates

Retrieved on: 
Wednesday, December 4, 2019
Articles, Business, Fictional characters, Luminus, Corporate law, Fiduciary, Valari, Board of directors, Shareholder value

As our conversations with Luminus progressed, it became clear that Luminus' proposals would significantly harm Valaris' financial profile and destroy shareholder value.

Key Points: 
  • As our conversations with Luminus progressed, it became clear that Luminus' proposals would significantly harm Valaris' financial profile and destroy shareholder value.
  • We have a fiduciary responsibility to all Valaris shareholders, and the Board of Directors will not put the interests of one shareholder above all others.
  • In our discussions with Luminus regarding Board composition, Luminus insisted that the Valaris Board must immediately be refreshed, but only with Luminus' representatives and its hand-picked candidates.
  • Notably, many of the representatives Luminus proposed had skills and qualifications that are not consistent with the needs of Valaris.

EDF Luminus Selects HCL to Drive Digital Transformation Through Cloud Migration

Retrieved on: 
Wednesday, February 20, 2019
Energy, Utilities, Technology, Data management, Software, Economy of India, HCL Technologies, Companies, Luminus, Business, EDF, Électricité de France, HCL

HCL will help EDF Luminus to transform and modernize its IT infrastructure, applications landscape and will migrate its SAP portfolio to a public cloud environment.

Key Points: 
  • HCL will help EDF Luminus to transform and modernize its IT infrastructure, applications landscape and will migrate its SAP portfolio to a public cloud environment.
  • HCL is delighted to have been chosen as EDF Luminus transformation partner, which is another great endorsement of our drive to help clients lay the foundations of a successful digital enterprise, said Sandeep Saxena, EVP UK Ireland, France & Benelux, ITO, HCL Technologies.
  • The transformation roadmap we have laid out for EDF Luminus will enable it to become a true digital enterprise, supported by best-in-class technology and IT services delivery.
  • HCL Technologies (HCL) is a leading global technology company that helps global enterprises reimagine and transform their businesses through Digital technology transformation.