Edmonton

FCL's Edmonton distribution centre employees ratify new agreement

Monday, July 26, 2021 - 5:00pm

SASKATOON, SK, July 26, 2021 /CNW/ - Federated Co-operatives Limited (FCL) reached a new four-year agreement with employees at our Edmonton distribution centre.

Key Points: 
  • SASKATOON, SK, July 26, 2021 /CNW/ - Federated Co-operatives Limited (FCL) reached a new four-year agreement with employees at our Edmonton distribution centre.
  • Current employees at the top of their pay scale will receive a one per cent wage increase in each year of the new agreement.
  • The agreement includes improvements to benefits for all employees, expanded use of part-time employees and increased scheduling flexibility.
  • The new agreement covers more than 170 employees at the Edmonton distribution centre.

Benchmark Announces Issuance of Share Purchase Warrants to First Nations Under Exploration Cooperation Agreement

Thursday, July 22, 2021 - 9:05pm

John Williamson, CEO, commented, "The Warrants awarded to the partner First Nations are a significant step to advancing the Project with First Nations' ownership and support.

Key Points: 
  • John Williamson, CEO, commented, "The Warrants awarded to the partner First Nations are a significant step to advancing the Project with First Nations' ownership and support.
  • Chief Pierre from Tsay Keh Dene nation stated, "The call warrants to be issued by Benchmark to the Tse Keh Nay First Nations is further proof that Benchmark values its relationship with the Tse Keh Nay First Nations" said Chief Pierre.
  • The Warrants were issued pursuant to an exemptive relief order issued by the Alberta Securities Commission ("ASC") on behalf of the ASC and the B.C.
  • Benchmark is managed by proven resource sector professionals, who have a track record of advancing exploration projects from grassroots scenarios through to production.

Titan Logix Corp. Reports Fiscal 2021 Q3 Financial Results

Wednesday, July 21, 2021 - 9:30pm

Gross profit for the third quarter of fiscal 2021 increased by $175,987 to $558,164 or 52% of revenue compared to $382,177 or 49% of revenue in the comparative prior period.

Key Points: 
  • Gross profit for the third quarter of fiscal 2021 increased by $175,987 to $558,164 or 52% of revenue compared to $382,177 or 49% of revenue in the comparative prior period.
  • During the fiscal quarter the Company continued with its participation in the Canada Emergency Wage Subsidy Program ("CEWS").
  • The Company realized $161,900 of subsidies in the fiscal quarter and $345,747 in the nine month period, partially offsetting compensation expenses.
  • Total expenses in the third quarter of fiscal 2021 were $698,233 as compared with $962,612 in the comparative prior period.

Radient Technologies Inc. Provides Corporate Update After Appointment of New Chief Executive Officer Harry Kaura

Wednesday, July 21, 2021 - 12:30pm

Company has Undertaken Significant Corporate Turnaround with Strategy Focused on Several Key Revenue-Generating Activities

Key Points: 
  • Mr. Kaura is an entrepreneur with 30+ years of experience founding and leading various manufacturing businesses.
  • Harry has developed over $100M+ in the Edmonton real estate market, with a deep-seated connection to the community in Edmonton.
  • In addition, Mr. Kaura is one of the longest standing and significant shareholders of Radient, and has continued to invest in the business to support its turnaround and planned growth trajectory.
  • Radient does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

TrustBIX Inc. Announces New Vice President of Technology Development

Wednesday, July 21, 2021 - 1:00pm

Edmonton, Alberta--(Newsfile Corp. - July 21, 2021) - TrustBIX Inc. (TSXV: TBIX) ("TrustBIX" or the "Company") is pleased to announce the appointment of Dr. Mike Kennedy as Vice President of Technology Development starting July 12, 2021.

Key Points: 
  • Edmonton, Alberta--(Newsfile Corp. - July 21, 2021) - TrustBIX Inc. (TSXV: TBIX) ("TrustBIX" or the "Company") is pleased to announce the appointment of Dr. Mike Kennedy as Vice President of Technology Development starting July 12, 2021.
  • Dr. Kennedy will be responsible for overseeing all aspects of the technology and digital solutions deployed across TrustBIX.
  • Mike founded the consultancy, Green Analytics Corp., in 2010 and launched several successful business ventures, BuildSense and Birch Natural Assets.
  • Extensive R&D has allowed TrustBIX to create a new blockchain-derived technology to complement its mature and proven traceability systems.

International Security and Cyber Risk Expert to Address Inventures 2021 Conference

Thursday, July 22, 2021 - 4:44pm

CALGARY, Alberta, July 22, 2021 (GLOBE NEWSWIRE) -- Isaac Ben-Israel, an international expert on artificial intelligence and cybersecurity, will be a featured keynote at Inventures 2021 in Calgary, September 22-24.

Key Points: 
  • CALGARY, Alberta, July 22, 2021 (GLOBE NEWSWIRE) -- Isaac Ben-Israel, an international expert on artificial intelligence and cybersecurity, will be a featured keynote at Inventures 2021 in Calgary, September 22-24.
  • A pioneer in the field of cybersecurity, Professor Ben-Israel has spearheaded his countrys leading role in next-gen technology and national security.
  • In 2010 he was appointed by the Israeli Prime Minister to head a task force on national cyber strategy and policy and establish the National Cyber Bureau.
  • Launched in 2018, Inventures is gaining global interest as the place to discover new technologies, talent, capital, customers and markets.

GoodMorning.com CEO, Sam Prochazka, Named an EY Entrepreneur Of The Year® 2021 Winner

Wednesday, July 21, 2021 - 2:18pm

Edmonton, Alberta, July 21, 2021 (GLOBE NEWSWIRE) -- Ernst & Young LLP (Canada) announced that Sam Prochazka, CEO and Founder of GoodMorning.com , Canadas largest independent online mattress retailer, is a regional winner in the EY Entrepreneur of the Year 2021 Prairies Program.

Key Points: 
  • Edmonton, Alberta, July 21, 2021 (GLOBE NEWSWIRE) -- Ernst & Young LLP (Canada) announced that Sam Prochazka, CEO and Founder of GoodMorning.com , Canadas largest independent online mattress retailer, is a regional winner in the EY Entrepreneur of the Year 2021 Prairies Program.
  • I am humbled to be recognized by EY in their Entrepreneur of the Year 2021 program alongside so many other successful Canadian entrepreneurs, says Prochazka.
  • EY Entrepreneur Of The Year is the worlds most prestigious business awards program, now operating in more than 145 cities in over 60 countries.
  • The overall Canadian winner will go on to compete with national winners from across the globe for the title of EY World Entrepreneur Of The Year in June 2022.

Mineworx Completes Fabrication of 100L Pilot Plant

Wednesday, July 21, 2021 - 10:30am

EDMONTON, Alberta, July 21, 2021 (GLOBE NEWSWIRE) -- Mineworx Technologies Ltd., (the "Company" or "Mineworx") (TSXV: MWX) (OTCQB: MWXRF) (FSE: YRS WKN: A2DSW3) announces that the Company has completed the fabrication stage of the 100-liter catalytic converter pilot plant.

Key Points: 
  • EDMONTON, Alberta, July 21, 2021 (GLOBE NEWSWIRE) -- Mineworx Technologies Ltd., (the "Company" or "Mineworx") (TSXV: MWX) (OTCQB: MWXRF) (FSE: YRS WKN: A2DSW3) announces that the Company has completed the fabrication stage of the 100-liter catalytic converter pilot plant.
  • The components arrived at the Mineworx site at the end of June and the Mineworx team subsequently completed fabrication of the pilot plant.
  • The Mineworx team managed to further enhance the layout and functionality of the pilot plant.
  • The pilot plant design enables the plant to be flexible with respect to any changes in the chemical process utilized.

Devin Vandenberg Announces Acquisition of Common Shares of Carbeeza Inc.

Wednesday, July 21, 2021 - 12:53am

CALGARY, Alberta, July 20, 2021 (GLOBE NEWSWIRE) -- Devin Vandenberg (“Vandenberg”) today announced that he has filed an early warning report (the "Early Warning Report") under National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the closing of the previously announced reverse takeover (the “Transaction”) whereby Carbeeza Inc. (the “Company” or “Carbeeza”) (TSXV: AUTO) (formerly, HIT Technologies Inc.) acquired all shares of Carbeeza Ltd. (“Old Carbeeza”) in exchange for common shares of the Company.

Key Points: 
  • The Transaction was completed pursuant to the terms of an amalgamation agreement dated May 30, 2021, pursuant to which 49,245,000 common shares in the capital of the Company ("Common Shares") and 9,791,350 common share purchase warrants were issued to former shareholders of Old Carbeeza at a deemed price of $0.40 per Common Share.
  • As a result of the Transaction, Vandenberg acquired beneficial ownership and control over 10,537,830 Common Shares.
  • The Common Shares were issued in exchange for the securities of Old Carbeeza held by Vandenberg prior to completion of the Transaction.
  • As a result of the Transaction, Vandenberg has ownership and control over approximately 16.5% of the Common Shares on a non-diluted basis.

Sandro Torrieri Announces Acquisition of Common Shares of Carbeeza Inc.

Wednesday, July 21, 2021 - 12:52am

CALGARY, Alberta, July 20, 2021 (GLOBE NEWSWIRE) -- Sandro Torrieri (“Torrieri”) today announced that he has filed an early warning report (the "Early Warning Report") under National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the closing of the previously announced reverse takeover (the “Transaction”) whereby Carbeeza Inc. (the “Company” or “Carbeeza”) (TSXV: AUTO) (formerly, HIT Technologies Inc.) acquired all shares of Carbeeza Ltd. (“Old Carbeeza”) in exchange for common shares of the Company.

Key Points: 
  • The Transaction was completed pursuant to the terms of an amalgamation agreement dated May 30, 2021, pursuant to which 49,245,000 common shares in the capital of the Company ("Common Shares") and 9,791,350 common share purchase warrants were issued to former shareholders of Old Carbeeza at a deemed price of $0.40 per Common Share.
  • As a result of the Transaction, Torrieri acquired beneficial ownership and control over 10,537,830 Common Shares.
  • The Common Shares were issued in exchange for the securities of Old Carbeeza held by Torrieri prior to completion of the Transaction.
  • As a result of the Transaction, Torrieri has ownership and control over approximately 16.5% of the Common Shares on a non-diluted basis.