2021 Kyrgyz government system referendum

Viasat Completes Sale of Link 16 Tactical Data Links Business to L3Harris Technologies for $1.96 Billion

Retrieved on: 
Tuesday, January 3, 2023
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CARLSBAD, Calif., Jan. 3, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, completed the sale of its Link 16 Tactical Data Links (TDL) business to L3Harris Technologies (NYSE: LHX) for approximately $1.96 billion in cash.

Key Points: 
  • CARLSBAD, Calif., Jan. 3, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, completed the sale of its Link 16 Tactical Data Links (TDL) business to L3Harris Technologies (NYSE: LHX) for approximately $1.96 billion in cash.
  • The net proceeds to Viasat are expected to be approximately $1.8 billion after estimated taxes, fees and other expenses.
  • We greatly appreciate their contribution to Viasat," said Mark Dankberg, CEO and Chairman, Viasat.
  • "Completing the sale of the Link 16 TDL business to L3Harris supports our transition towards a greater focus on global satellite services.

Viasat to Sell Its Link 16 Tactical Data Links Business to L3Harris Technologies for $1.96 Billion

Retrieved on: 
Monday, October 3, 2022
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CARLSBAD, Calif., Oct. 3, 2022  /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced it has entered into a definitive agreement to sell its Link 16 Tactical Data Links (TDL) business to L3Harris Technologies for $1.96 billion, subject to customary transaction adjustments in accordance with the agreement. The sale is expected to result in cash proceeds to Viasat of approximately $1.8 billion net after estimated taxes, fees, and other expenses.

Key Points: 
  • Viasat's Link 16 Tactical Data Link business is part of its Government Systems segment.
  • The sale of the business includes the Multifunctional Information Distribution System (MIDS) platforms and associated next-generation Link 16 terminals and handheld radios, as well as the Link 16 to space business.
  • The Link 16 Tactical Data Links business has been an important contributor to Viasat's growth and earnings and the transaction recognizes the value created by our outstanding team.
  • L3Harris has been a long-time Link 16 strategic partner and has a portfolio that will benefit significantly from these capabilities.

Centerra Gold Shareholders Approve Plan of Arrangement With Kyrgyzaltyn and the Kyrgyz Republic

Retrieved on: 
Monday, July 25, 2022
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Centerra also announced that it has been granted an additional extension by the Toronto Stock Exchange to hold its annual meeting of shareholders no later than September 30, 2022.

Key Points: 
  • Centerra also announced that it has been granted an additional extension by the Toronto Stock Exchange to hold its annual meeting of shareholders no later than September 30, 2022.
  • Centerra will provide further details regarding its annual meeting in the coming weeks.
  • Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Turkey, and other markets worldwide.
  • Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the kst Mine in Turkey.

Centerra Gold to hold Special Meeting on Proposed Plan of Arrangement with Kyrgyzaltyn and the Kyrgyz Republic

Retrieved on: 
Thursday, June 16, 2022
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Centerra shareholders are urged to read and consider the information that will be contained in the Circular in its entirety prior to voting at the Meeting.

Key Points: 
  • Centerra shareholders are urged to read and consider the information that will be contained in the Circular in its entirety prior to voting at the Meeting.
  • Special Meeting on July 25, 2022
    The Meeting will be held virtually on July 25, 2022, at 11:00 a.m. (Toronto time) at https://web.lumiagm.com/422352408.
  • Centerra has fixed the close of business on June 27, 2022 as the record date for determining Centerra shareholders entitled to receive notice of and to vote at the Meeting.
  • The Centerra Board of Directors recommends that Centerra shareholders vote in favour of the Arrangement Resolution at the Meeting.

Centerra Gold Announces Agreement With Kyrgyzaltyn and the Government of the Kyrgyz Republic

Retrieved on: 
Monday, April 4, 2022
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TORONTO, April 04, 2022 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announced today that it has entered into a global arrangement agreement (the “Agreement”) with Kyrgyzaltyn JSC (“Kyrgyzaltyn”) and the Government of the Kyrgyz Republic (the “Government”) to effect a clean separation of the parties, including through the disposition of Centerra’s ownership of the Kumtor Mine and investment in the Kyrgyz Republic, the elimination of Kyrgyzaltyn’s involvement and interest in the Company, and the resolution of their disputes. Centerra understands that the Agreement has been approved by the Government of the Kyrgyz Republic, including both the Kyrgyz Parliament and the Cabinet of Ministers.

Key Points: 
  • Centerra understands that the Agreement has been approved by the Government of the Kyrgyz Republic, including both the Kyrgyz Parliament and the Cabinet of Ministers.
  • The Kyrgyz Republic and Kyrgyzaltyn assuming all responsibility for the Kumtor Mine, including all reclamation obligations.
  • The resignation from Centerras Board of Directors of Kyrgyzaltyns two nominees and the termination of the shareholders agreement between, among others, Centerra and Kyrgyzaltyn.
  • While the Company still owns the Kumtor Mine in the Kyrgyz Republic, it is currently no longer under the Companys control.

Centerra Gold Provides Update on Negotiations with the Kyrgyz Government

Retrieved on: 
Monday, March 28, 2022
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TORONTO, March 28, 2022 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra or the Company) (TSX: CG) (NYSE: CGAU) issued the following statement today:

Key Points: 
  • TORONTO, March 28, 2022 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra or the Company) (TSX: CG) (NYSE: CGAU) issued the following statement today:
    Centerra Gold Inc. notes that the Cabinet of Ministers of the Kyrgyz Republic has approved a decision by the Kyrgyz Government to conclude an agreement with Centerra related to Centerras Kumtor Mine, as reported by Kyrgyz news media.
  • Negotiations with representatives of the Kyrgyz Government and Kyrgyzaltyn JSC continue with a view to finalizing a transaction that Centerra expects will include the principal terms outlined in the Companys press release dated January 3, 2022.
  • These forward-looking statements relate to, among other things: any negotiations or transaction between Centerra, Kyrgyzaltyn JSC and the Kyrgyz Republic, authorizations of the Kyrgyz Republic related to any such transaction, and the potential terms and conditions of any such transaction.
  • Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Turkey, and other markets worldwide.

Centerra Gold Confirms Negotiations with the Kyrgyz Government

Retrieved on: 
Monday, January 3, 2022
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TORONTO, Jan. 03, 2022 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra or the Company) (TSX: CG) (NYSE: CGAU) today confirmed that it is engaged in negotiations with representatives of the Kyrgyz Republic to resolve their disputes related to Centerras Kumtor Mine and the seizure of control of the mine by the Kyrgyz government in May 2021.

Key Points: 
  • TORONTO, Jan. 03, 2022 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra or the Company) (TSX: CG) (NYSE: CGAU) today confirmed that it is engaged in negotiations with representatives of the Kyrgyz Republic to resolve their disputes related to Centerras Kumtor Mine and the seizure of control of the mine by the Kyrgyz government in May 2021.
  • Further to statements in the Kyrgyz media regarding the potential negotiated transfer of the Kumtor Mine to the Kyrgyz Republic, Centerra expects that the framework for any resolution would involve the following principal terms:
    Centerra receiving the approximately 26.1% in Centerra common shares held by Kyrgyzaltyn JSC (an instrumentality of the Kyrgyz Republic).
  • The Kyrgyz Republic receiving, and assuming all responsibility for, the Companys two Kyrgyz subsidiaries and the Kumtor Mine.
  • Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold properties in North America, Turkey and other markets worldwide.

Centerra Gold Seeks Urgent Relief in International Arbitration to Prevent the Kyrgyz Republic from Destroying the Integrity, Value and Long-Term Viability of the Kumtor Mine

Retrieved on: 
Monday, September 27, 2021
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Through this application, Centerra seeks to prevent the Kyrgyz Republic and Kyrgyzaltyn JSC from causing irreparable damage to the mine, destroying its integrity, value and long-term viability.

Key Points: 
  • Through this application, Centerra seeks to prevent the Kyrgyz Republic and Kyrgyzaltyn JSC from causing irreparable damage to the mine, destroying its integrity, value and long-term viability.
  • The Kyrgyz government-appointed external management has publicly stated that it plans to reconfigure the Kumtor Mine from an open pit to an underground mine.
  • Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold properties in North America, Asia and other markets worldwide.
  • The Company owns the Kumtor Mine in the Kyrgyz Republic, which is currently not under the Companys control.