Christina Lake

Cenovus Energy releases 2022 ESG report

Retrieved on: 
Thursday, June 29, 2023
Cenovus Energy, CVE, Marketing, Toronto Stock Exchange, Tree, GHG, Risk, Carbon, EDGAR, NYSE, Biodiversity, Climate change, Analysis, Engineering, Water, Natural gas, SEDAR, Ethanol, Stakeholder engagement, TSX, Methane, ESG, News, CO2, Safety, Legislation, Oil, Renewable energy, Risk management, Christina Lake, Cold Lake

CALGARY, Alberta, June 29, 2023 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) released its 2022 environmental, social and governance (ESG) report today, detailing sustainability performance and progress on its ESG targets.

Key Points: 
  • CALGARY, Alberta, June 29, 2023 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) released its 2022 environmental, social and governance (ESG) report today, detailing sustainability performance and progress on its ESG targets.
  • In 2022, the company continued to make progress on several goals, including reducing absolute methane emissions in upstream operations by 32% from 2021 levels, and 59% between 2019 and 2022.
  • Building on this work, in the first quarter of 2023, Cenovus achieved its target of spending at least $1.2 billion with Indigenous businesses between 2019 and year-end 2025.
  • Cenovus Energy Inc. is an integrated energy company with oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States.

DMG Blockchain Solutions Provides Year in Review, December Mining Results

Retrieved on: 
Friday, January 6, 2023
Petra, Software, Calendar, TSX, Option, FSE, DMG, S19, Public sector, Miner, BTC, Weather, Office of Foreign Assets Control, Carbon, Environment, Immersion, Cryptocurrency, Christina Lake, Boson

VANCOUVER, British Columbia, Jan. 06, 2023 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FSE: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and cryptocurrency technology company, announces December 2022 preliminary mining results: DMG mined 104.6 bitcoin with 0.91 EH/s realized hashrate.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 06, 2023 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FSE: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and cryptocurrency technology company, announces December 2022 preliminary mining results: DMG mined 104.6 bitcoin with 0.91 EH/s realized hashrate.
  • For DMG, calendar 2022 was an important year, as the Company transitioned towards becoming a full-fledged self-miner and is now much better positioned for the long-term.
  • DMG nearly reached its bitcoin mining computational capacity goal of 1 EH/s at the end of calendar 2022.
  • Unlike other miners that have taken on extensive debt and are restructuring, DMG has only added $1M of debt.

Christina Lake Cannabis Provides Operational Update

Retrieved on: 
Wednesday, December 14, 2022
Acquisition, Canadian Securities Exchange, CLB, Genetics, Cannabis, THC, NOR, News, Biomass, Risk, THIS, CLC, Marketing, Christina Lake, CSE, Cannabis Act, Video news release, Growth, Research, Union of Sales and Marketing Professionals, Health Canada, Drug, Renewable energy

VANCOUVER, British Columbia, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Christina Lake Cannabis Corp. (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT:CLB), (the “Company” or “Christina Lake”), a leading producer of high quality extracts and sun grown cannabis, is pleased to provide the following operational update.

Key Points: 
  • VANCOUVER, British Columbia, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Christina Lake Cannabis Corp. (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT:CLB), (the “Company” or “Christina Lake”), a leading producer of high quality extracts and sun grown cannabis, is pleased to provide the following operational update.
  • These improvements are a testament to the strength of our team,” said Christina Lake CEO Mark Aiken.
  • About Christina Lake Cannabis Corp.
    Christina Lake Cannabis is a licensed producer of cannabis under the Cannabis Act.
  • Christina Lake Cannabis also owns a 99-acre plot of land adjoining its principal site.

Christina Lake Cannabis Further Strengthens Board of Directors and Management Team

Retrieved on: 
Monday, December 12, 2022
Aurora, CLB, Aurora Cannabis, Cannabis, Marketing, NOR, News, Risk, EBITDA, THIS, CLC, CSE, Cannabis Act, Video news release, Organization, Growth, Research, Union of Sales and Marketing Professionals, Retirement, Health Canada, Drug, Christina Lake

“As Christina Lake continues to strengthen its position in the market, we are looking forward to the expertise and deep industry knowledge that Jay will bring to the role of Chairman,” said Mark Aiken, CEO of Christina Lake.

Key Points: 
  • “As Christina Lake continues to strengthen its position in the market, we are looking forward to the expertise and deep industry knowledge that Jay will bring to the role of Chairman,” said Mark Aiken, CEO of Christina Lake.
  • Prior to his role at Christina Lake, he held the position of Director of Key Accounts at Aurora Cannabis.
  • About Christina Lake Cannabis Corp.
    Christina Lake Cannabis is a licensed producer of cannabis under the Cannabis Act.
  • Christina Lake Cannabis also owns a 99-acre plot of land adjoining its principal site.

Cenovus announces 2023 budget

Retrieved on: 
Tuesday, December 6, 2022
Acquisition, Terra Nova, Upstream, Methane, Information technology, Minnedosa Ethanol Plant, Carbon, Natural gas, Safety, Maintenance, G&A, Growth, White Rose, MAC, Public expenditure, CO2, Convention (norm), BP, Oil sands, Husky Lloydminster Refinery, Superior, ESG, Policy, Wood River, Renewable energy, Oil, Airline, Risk management, Sunrise, Cold Lake, Christina Lake, Narrow Lake (Alberta), Cenovus Energy, Atlantic Ocean

In 2023 Cenovus anticipates total upstream production of between 800,000 BOE/d and 840,000 BOE/d, including the impact of planned turnarounds, which captures the one at Foster Creek deferred from 2022.

Key Points: 
  • In 2023 Cenovus anticipates total upstream production of between 800,000 BOE/d and 840,000 BOE/d, including the impact of planned turnarounds, which captures the one at Foster Creek deferred from 2022.
  • The 2023 budget and throughput guidance assume the Toledo Refinery acquisition closes and the refinery resumes operations by the end of the first quarter of 2023.
  • The incremental IT expenditures included in 2023 G&A are offset by lower corporate capital for IT in 2023 when compared with 2022.
  • The following table provides details on planned turnaround activities at Cenovus assets in 2023 and anticipated production or throughput impacts.

DMG Blockchain Solutions Announces New Client Access to Bosonic’s Crypto Exchange, $1M Debt Raise, CEO Share Purchases, Upcoming Investor Events

Retrieved on: 
Tuesday, November 22, 2022
Software, COVID-19, Environment, Demand, TSX Venture Exchange, Comment, DMG, News, Virus, Failure, Consultant, Risk management, Bitcoin, Boson, Christina Lake

VANCOUVER, British Columbia, Nov. 22, 2022 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FSE: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and cryptocurrency technology company, announces it has opened access to the Bosonic Network for Terra Pool members. With the Bosonic multi-custodial blockchain-based solution, the only such solution in the market where client assets are held in the client’s own account at a regulated custodian and not an exchange.

Key Points: 
  • Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future.
  • The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect.
  • The forward-looking statements contained in this news release are made as of the date of this news release.
  • Additionally, the Company undertakes no obligation to comment on the expectations of or statements made by third parties in respect of the matters discussed above.

DMG Blockchain Solutions Inc. Provides Q3 2022 and August Mining Results; Company to Present at H.C. Wainwright Global Investment Conference

Retrieved on: 
Thursday, September 8, 2022
Bitcoin, Immersion, Depreciation, Mining, Corporation, Technology, Calendar, Orange Riots, DMG, Risk, FSE, Goal, GLOBE, Miner, Conference, Company, Environment, Mission statement, Review, Income, Video game, Cryptocurrency, Real estate, Christina Lake

VANCOUVER, British Columbia, Sept. 08, 2022 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FSE: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and cryptocurrency technology company provides updates on its third quarter results, monthly bitcoin production, and an upcoming investor conference.

Key Points: 
  • To Present at the 24th Annual H.C. Wainwright Global Investment Conference
    VANCOUVER, British Columbia, Sept. 08, 2022 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FSE: 6AX) (DMG or the Company), a vertically integrated blockchain and cryptocurrency technology company provides updates on its third quarter results, monthly bitcoin production, and an upcoming investor conference.
  • Margins: Gross margin percentage was 66%, down from 73% the prior quarter ended March 31, 2022.
  • In August 2022, DMG mined 69 bitcoin and added 87 PH/s of mining capacity.
  • DMG announces that Sheldon Bennett, Chief Executive Officer and Steven Eliscu, Chief Operating Officer will present a corporate overview at the 24th Annual H.C. Wainwright Global Investment Conference being held on September 12-14, 2022.

Christina Lake Cannabis Nears Completion of its Third Outdoor Grow Season; Provides Cultivation Update

Retrieved on: 
Friday, August 19, 2022
Risk, Observation, Genetic engineering, CEO, GLOBE, Technology, Growth, Season, Geography, Biomass, Learning, CLC, THC, Plant, Research, Method, Attention, THIS, Cannabis Act, Video news release, Company, NOR, Cannabis, Debenture, Health Canada, Convertible, CLB, News, CSE, Genetics, THE, Temperature, Management, Drug, Fungiculture, Security (finance), Christina Lake

The spring season in the Christina Lake region of British Columbia brought cooler than average temperatures, but quickly progressed to becoming a consistently hot and dry summer ideal for growing cannabis in an outdoor environment.

Key Points: 
  • The spring season in the Christina Lake region of British Columbia brought cooler than average temperatures, but quickly progressed to becoming a consistently hot and dry summer ideal for growing cannabis in an outdoor environment.
  • In total, CLC is on track to cultivate a total of 41-core and experimental proprietary strains of cannabis.
  • About Christina Lake Cannabis Corp.
    Christina Lake Cannabis is a licensed producer of cannabis under the Cannabis Act.
  • Christina Lake Cannabis facility consists of a 32-acre property, which includes over 950,000 square feet of outdoor grow space, offices, propagation and drying rooms, research facilities, and a facility dedicated to processing and extraction.

Cenovus Announces 2022 Second-Quarter Financial and Operating Results

Retrieved on: 
Thursday, July 28, 2022
ConocoPhillips, Acquisition, Sale, Investment, Liuhua Subdistrict, Guangzhou, Convention (norm), Oil sands, Steam, Maintenance, Electricity, White Rose Project, Partnership, White Rose, Risk, Risk management, Husky Lloydminster Refinery, Sunrise, Advisory, Downstream, WTI, West Texas Intermediate, Program, Contract, Oil, Renewable energy, Video game, Upstream, Cenovus Energy, Christina Lake

In the second quarter of 2022, Cenovus again delivered strong operating and financial results, driven by the companys continued safe and reliable operating performance and low cost structure, as well as stronger commodity prices.

Key Points: 
  • In the second quarter of 2022, Cenovus again delivered strong operating and financial results, driven by the companys continued safe and reliable operating performance and low cost structure, as well as stronger commodity prices.
  • Total operating margin is the total of Upstream operating margin plus Downstream operating margin.
  • Net debt declined to $7.5 billion as at June 30, 2022, down nearly $900 million from March 31, 2022.
  • The following table provides details on planned turnaround activities at Cenovus assets in 2022 and anticipated production or throughput impacts.

Cenovus announces 2021 fourth-quarter and full-year results

Retrieved on: 
Tuesday, February 8, 2022
Maintenance, Cenovus Energy, Risk management, Public expenditure, Board, Oil sands, Foster Creek, Pourbaix diagram, Sale, Wood River Refinery, Downstream, Advisory, CPP Investment Board, Convention (norm), Husky Lloydminster Refinery, Oil, Video game, Wembley, Christina Lake, Atlantic Ocean, Upstream

2 Comparative figures include Cenovus results prior to the January 1, 2021 closing of the Husky transaction and do not reflect historical data from Husky.

Key Points: 
  • 2 Comparative figures include Cenovus results prior to the January 1, 2021 closing of the Husky transaction and do not reflect historical data from Husky.
  • 4 Prior period results have been restated to conform with the current definition of adjusted funds flow.
  • Cenovus continued to execute its NCIB announced in late 2021, which allows the company to purchase up to 146.5 million of its common shares.
  • In 2021, the company repurchasedapproximately 17 million common shares with another9 million bought back so far in 2022.