Founded in 1911, SNC-Lavalin Group Inc., a Montreal-based company, provides EPC and EPCM services in a variety of industry sectors, including mining and metallurgy, oil and gas, environment and water, infrastructure and clean power. In many cases, SNC-Lavalin combines these services with financing and operations and maintenance. Wikipedia.
News Article | April 17, 2017
MONTREAL, QUEBEC--(Marketwired - April 11, 2017) - Nouveau Monde Graphite Inc. (TSX VENTURE:NOU)(OTCQB:NMGRF)(FRANKFURT:NM9) ("Nouveau Monde") is pleased to announce that it has launched a prefeasibility study (or "PFS") on its wholly owned Tony claim block, part of its Matawinie graphite Property. Met-Chem Canada Inc., a wholly owned subsidiary of the multi-disciplinary global DRA engineering group, has been contracted to produce and coordinate the PFS. Other engineering firms including SNC-Lavalin Group Inc, and Journeaux Assoc., a division of Lab Journeaux Inc., will be involved in certain aspects of the PFS. The PFS will focus on the West Zone deposit where a Mineral Resource Estimate was recently updated to 32.9 Mt grading 4.50 % graphitic carbon (or "Cg") in the indicated category and 0.2 Mt grading 4.84 % Cg in the Inferred Category (see press release dated March 2, 2017). The PFS is scheduled to be completed in September of 2017. "We are eager to increase the confidence around the economic model to develop our graphite property in Quebec, Canada," commented Eric Desaulniers, President and CEO of Nouveau Monde. "Since we completed our PEA we have done extensive work to further define and increase our resource estimate. Equally important, we have added key management with critical real world graphite mine operation experience. One such individual is our CFO Charles-Olivier Tarte. Charles was previously the Natural Graphite Financial Controller for Imerys Graphite & Carbon, overseeing the financial management of the Lac-des-Îles (QC) natural graphite mine, the Terrebonne (QC) second transformation plant & the Westlake (OH) Americas sales office. Charles will lead Nouveau Monde's efforts on the PFS and work closely with our consultants to ensure his knowledge of operating graphite mines in Quebec is reflected in our PFS. I am keen to publish the results of our PFS in September." In addition, Nouveau Monde is pleased to announce the results of a metallurgy optimization program, which provides an updated and simplified process flowsheet. These improvements to the flow sheet will be reflected in the upcoming PFS. Highlights of the optimization program include an overall recovery rate of 97.4 % at a combined concentrate grade of 97.3 % total carbon ("Ct") during locked cycle tests while improving upon previous flake size distribution. It is important to note that locked cycle tests simulate a commercial operation as opposed to previous open circuit tests, performed for the Preliminary Economic Assessment ("PEA"), which provides a gross estimate of concentrate parameters. Flake size distribution is a critical and key advantage of Nouveau Monde as it allows the company to pursue multiple industrial markets for graphite (including steel making) as well as the ever growing lithium ion battery market. Moreover, variability flotation tests confirmed the homogeneity of the mineralization within the West Zone deposit and obtained a low standard deviation of the concentrate grade of 1% Ct. The recovery rate from the 2017 optimization program was obtained from a Master Composite consisting of 125 core subsamples from the West Zone deposit. This Master Composite underwent locked cycled tests to simulate closed circuit operation. Samples were chosen based on a graphite grade histogram of the West Zone in order to provide a representative sample and also took into account the spatial distribution of the sub-samples to represent the entire West Zone. The Master Composite sample returned a head grade of 4.42% Ct. Flake size distribution from the locked cycle tests is detailed in Table 1 below and compared to the previous tests performed in 2016 which were used as input data for the PEA (see press release dated June 22, 2016). It should be noted that a reduced concentrate grade target of 96% Ct was established for the 2017 metallurgical program based on the results of a marketing study. As a result, the optimization program delivered a simplified flowsheet with lower CAPEX and OPEX and reduced flake degradation while still maintaining a combined concentrate grade of 97.3% Ct. Table 1. Mass and Grade Distribution of Graphite Concentrate from the West Zone Variability tests were also performed as part of the 2017 optimization program. They confirmed the homogeneity of the mineralization within the West Zone deposit. The West Zone deposit was divided longitudinally in four equal portions which were then separated vertically using the top 75 m and bottom 75 m of the deposit. A total of 362 core subsamples were chosen to represent these eight (8) portions of the deposit. The resulting eight (8) Variability Composite samples (composed of approximately 45 subsamples each) were subjected to the same flowsheet and conditions to analyse concentrate purity and flake size variations within the deposit. Note that the test conditions did not reflect the final optimized flowsheet and conditions that were chosen for the locked cycle test. Results from the variability tests are available in Table 2. Table 2. Flake Size Distribution and Results of Variability Samples from the West Zone1 Éric Desaulniers, President and CEO of Nouveau Monde stated "The excellent flake size distribution and purity of our graphite concentrate should reflect very positively on the pricing of our product and allow us to pursue multiple markets, diversifying our product portfolio and customer base. Furthermore, these competitive characteristics make it ideal for value-added product manufacturing which can command higher premiums for graphite. The impressive recovery rates from our recent locked cycle tests as well as the remarkable homogeneity of the mineralization speak highly about the quality of our deposit." In 2015, Nouveau Monde discovered a graphite deposit on its Tony claim block, part of its fully owned Matawinie graphite Property. This discovery resulted in the publishing of a Preliminary Economic Assessment, completed according to NI 43-101 guidelines, in June of 2016. This study demonstrated strong economics with a planned production of 50,000 tpy of high purity flake graphite over a period of 25.7 years which is expected to provide a solid operational margin and relatively low capital expenditures (see press release dated June 22, 2016). The Mineral Resource Estimate has since been updated, the current resource stands at 32.9 Mt grading 4.50% Cg for the Indicated Category and 0.2 Mt grading 4.84 % Cg in the Inferred Category (see Press Release dated March 2, 2017). The project is located in the Saint-Michel-des-Saints area, some 120 km north of Montreal, Quebec, Canada. It has direct access to all needed infrastructure, labour as well as green and affordable hydroelectricity. Nouveau Monde is developing its project with the highest corporate social responsibility standards while targeting a low environmental footprint (targeting a net zero carbon emission operation). The technical information presented in this news release was prepared by Oliver Peters, MSc, P.Eng, MBA, Consulting Metallurgist for SGS and Principal Metallurgist of Metpro Management Inc., an independent Qualified Person as defined by NI 43-101. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those anticipated by such statements. Nouveau Monde will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Nouveau Monde.
News Article | April 18, 2017
VANCOUVER, BC / ACCESSWIRE / April 18, 2017 / Cornerstone Metals Inc. (TSXV: CCC) ("Cornerstone" or the "Company") announces the appointment of Michael Mracek, P.Eng., to its Advisory Board, effective immediately. Mr. Mracek is a professional mining engineer registered in the provinces of Ontario and British Columbia. A graduate of the University of Saskatchewan in 1970, he spent his summers working underground at Eldorado, United Keno Hill, and Placer's Craigmont sublevel caving operation. He moved to Thompson, Manitoba in 1970, where he spent 10 years with Inco, learning his craft from the bottom up. In the 1980's, he moved on to Dickenson, Amok Cluff Mining, and Terra Mines, becoming a Chief Engineer, Mine Superintendent, and finally, Mine Manager. In 1990, he moved to Timmins, where he spent 5 years for Royal Oak as General Manager at several mines including: Pamour, Hope Brook, and Colomac. Commencing in 1996, spent 11 years overseas where he worked in Ghana, Armenia, and Tanzania for Ashanti Goldfields, Sterlite Gold, and Barrick Gold in various capacities, including VP and General Manager. He returned to Canada as Chief Operating Officer for Tournigan Gold before returning to Ghana as VP and General Manager of Golden Star's Wassa operation. Since 2011, he has provided consulting services through Mracek Consulting, working for major consulting firms, including SRK and SNC-Lavalin, advising on various studies, including feasibility studies. The Company is pleased to have Mr. Mracek join the group. Over the past 6 months, the Company has taken significant steps to strengthen its Boards of Directors and Advisors with the addition of experienced, highly regarded professionals in their respective fields of expertise. Collectively, the Company now has the advantage of a deep and broad skill set ranging from financing, to mineral exploration, to mine development, construction and operations, including mining and processing - a unique attribute compared to many of its peers. Cornerstone's objective is to advance exploration/development stage copper and precious metals properties to production in the Americas. The Company's Management and Board Core Competence is in exploration, permitting, development, construction, and operation of mining projects. Cornerstone owns 100% (subject to 1.5% NSR) of the West Jerome property, near Jerome, Arizona, on the west side of Freeport McMoRan patented lands. The property, in a Volcanogenic Massive Sulfide camp, is a high-grade, massive sulfide target located 2.4 km south of the past-producing United Verde (32 million tons grading 4.4% copper, 1.5 oz/t silver and 0.04 oz/t gold). The West Jerome property has attractive untested drill targets. On Behalf Of Cornerstone Metals Inc. For further information, please contact: Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
News Article | April 17, 2017
De moyennes et grandes entreprises, telles que le Groupe ALDO, Bill Gosling Outsourcing, Hootsuite et la Financière Sun Life, continuent de choisir Workday pour rehausser la valeur de leurs activités avec Workday TORONTO, ON--(Marketwired - Apr 13, 2017) - Workday, Inc. ( : WDAY), un des chefs de file en applications Cloud pour les ressources humaines et la gestion financière, a annoncé aujourd'hui qu'elle poursuit sa lancée relativement à ses activités auprès de moyennes et grandes entreprises clientes à l'échelle du Canada. Des organisations, telles qu'AGF Management Limited, le Groupe ALDO, BDO, Bill Gosling Outsourcing, Hootsuite, SNC-Lavalin, SOTI, la Financière Sun Life et d'autres grandes marques dominantes, ont choisi Workday pour stimuler la croissance de leurs activités. « Des entreprises de toutes tailles et provenant de tous les secteurs d'activité migrent vers l'infonuagique qui leur offre la souplesse nécessaire pour s'adapter aux changements dynamiques du marché et évoluer avec eux, affirme Chano Fernandez, premier vice-président, Activités mondiales, chez Workday. Grâce à Workday, les organisations disposent d'un système qui offre le type d'information financière et liée au personnel nécessaire pour fonctionner dans un monde des affaires complexe, concurrentiel, où tout va très vite. » Le nombre croissant des clients de Workday au Canada comprend maintenant : Grâce à Workday, nos clients sont en mesure : Réactions « Il est de plus en plus important que nous fassions preuve de souplesse en affaires alors que nous continuons à préparer l'avenir. Workday nous aide à offrir une information financière et en matière de ressources humaines qui non seulement assure une cohérence au sein de l'entreprise, mais qui permet également de prendre plus rapidement des décisions éclairées, affirme Joseph Fanutti, chef de la direction financière, Bill Gosling Outsourcing. Le système unifié de Workday a eu un impact important sur notre fonctionnement, à tel point qu'il contribue à l'évolution de notre stratégie en termes de croissance, de développement et de nouvelles occasions, et ce, tant pour nos clients que pour nos employés. » « Chez Sun Life, nous cherchons à responsabiliser nos employés de manière à ce qu'ils puissent s'épanouir dans leur carrière et se concentrer sur ce qui compte le plus, soit aider nos clients à atteindre la sécurité financière à toutes les étapes de leur vie et à vivre plus sainement, explique Carrie Blair, vice-présidente générale, première directrice des ressources humaines et de communications, Financière Sun Life. Grâce au système de ressources humaines de Workday, nous pouvons mobiliser nos employés dans le monde entier dans le cadre de nos programmes et de nos initiatives, offrir des données en temps réel pour faciliter des prises de décision plus rapides et développer les talents les plus remarquables de manière à réaliser notre ambition de devenir l'une des meilleures compagnie d'assurance et l'un des meilleurs gestionnaires d'actifs au monde. » A propos de Workday Workday est un chef de fil en matière de solutions Cloud pour la gestion des ressources humaines et la gestion financière. Fondée en 2005, la société Workday propose des applications de gestion du capital humain, de gestion financière et d'analyse conçues pour les plus grandes organisations, établissements d'enseignements et organismes gouvernementaux dans le monde. Des entreprises de taille moyenne à celles qui se retrouvent aux classement Fortune 50 ont choisi Workday. Déclarations prospectives Ce communiqué de presse contient des déclarations prospectives, notamment, nos attentes concernant les performances et avantages des offres de Workday. Des termes tels que « croyons », « peut-être », « sera », « anticiper », « s'attendre » et d'autres expressions similaires sont utilisés pour désigner des déclarations prospectives. Ces déclarations comportent des hypothèses, des risques et des incertitudes. Si les risques se vérifient ou si les hypothèses s'avèrent incorrectes, les résultats de Workday pourraient différer considérablement de ceux suggérés par nos déclarations prospectives. Les risques incluent, sans s'y limiter, ceux décrits dans nos déclarations à la commission Securities and Exchange Commission (SEC), dont le formulaire 10-K pour l'année fiscale se terminant le 31 janvier 2017 et les futurs rapports que nous pourrions présenter, le cas échéant, à la SEC, qui pourraient entraîner des résultats différents des projections actuelles. Workday se dégage de toute obligation et intention de mettre à jour les déclarations prospectives après la date de publication. Les services, fonctionnalités ou fonctions non commercialisés qui apparaissent dans ce document, notre site Web, d'autres communiqués de presse ou déclarations officielles Workday et qui ne sont pas encore offerte sur le marché sont sujets à modification à la discrétion de Workday et peuvent être livrés à une date différente de la date prévue ou ne pas être livrés du tout. Les clients qui achètent des services de Workday, Inc. doivent faire leur choix parmi les services, fonctionnalités et fonctions actuellement offertes. © 2017. Workday, Inc. Tous droits réservés. Workday et le logo Workday sont des marques déposées de Workday, Inc.
News Article | May 3, 2017
This is a series around POWER, a Motherboard 360/VR documentary about nuclear energy. Follow along here. As Chinese Premier Li Keqiang stood alongside Justin Trudeau at Parliament's centre block in September, a quiet confidence was growing in Canada's nuclear industry. The Prime Minister and the Chinese leader were overseeing a signing ceremony between the China National Nuclear Corporation (CNNC) and Canadian engineering giant, SNC-Lavalin, which owns CANDU technology. The agreement will see two next-generation CANDU nuclear reactors installed about 100 kilometres southwest of Shanghai, and could transform nuclear power. Canada's nuclear industry is on the upswing, partly because of a global push to cut greenhouse gas emissions. The deal with CNNC is part of that. Teams here are developing advanced nuclear technologies that will ideally help wean us off fossil fuels, which is one reason many environmentalists are starting to embrace nuclear. Watch more from Motherboard: Going Nuclear If all goes according to plan, the CANDU reactors slated for the Qinshan nuclear site will be powered by what the industry calls advanced fuels: reprocessed uranium recycled from conventional reactors, and later, the radioactive element thorium, said Justin Hannah, Director of Marketing, Strategy and External Relations for SNC's CANDU division. Only a handful of sites in Europe and Japan are able to reprocess uranium today, and there is no standard on how to reuse it as a fuel, so it's not widely used. Even so, it has the potential to reduce stockpiles of radioactive waste and make countries that use it less dependent on uranium imports. CANDUs could start using thorium, with China's backing, putting the world closer to what proponents call the thorium dream Thorium has its own advantages when compared to uranium: it's about three times more abundant and can provide just as much power, plus it's far less useful for making nuclear weapons, mainly because its fuel cycle doesn't produce plutonium. But thorium is notoriously difficult to mine. Using it as a fuel is also complex, so reactor designs and supply chains aren't readily available. The fact that CANDUs could start using thorium, with China's backing, may put the world closer to what proponents call the thorium dream of safer, cleaner and more abundant nuclear power. China currently has 36 nuclear reactors in operation, another 21 under construction, and wants to double its nuclear power generation by 2021. Most of the existing reactors are conventional pressurized water reactors that run on enriched uranium, but the country is moving aggressively towards advanced reactor designs that can make use of the spent uranium from their current reactors, and the growing stockpiles of thorium that are a byproduct of mining for rare earth elements, a market that China dominates. China has a growing appetite for carbon-free energy, and the government has declared war on pollution from coal-fired power plants, so nuclear makes sense. But Canada's technology could also be of strategic value. "They have the thorium, they have the spent uranium," said Hannah. This country stands to benefit from the agreement with China, too. If we get this joint venture right, "Canada's nuclear industry could be seen as world leaders," said Jerry Hopwood, President of the University Network of Excellence in Nuclear Engineering, a partnership between 12 Canadian universities, government, and Canada's nuclear industry. The new Chinese-Canadian commercial entity is expected to be registered in China by mid-2017, with pre-construction work beginning in 2019 and 2026 targeted for the first AFCR to be operational, said Hannah. Thorium could be in use in the 2030s. As for whether Canada could one day switch to thorium, we've got large, high-quality uranium reserves, so any move to bring a thorium-powered AFCR here will depend on both politics and economics. "There's no strong economic driver for it," argued John Luxat, a nuclear safety expert at McMaster University. "The utilities don't want to switch over, but it's nice to know that we could." After what Hopwood called a lull in Canada's industry in the early 2000s, he believes recent investments and the push for carbon-free power show there's a resurgence in nuclear. The industry got a boost in 2016 from Ontario's support for the refurbishment of the Darlington nuclear plant, and the 2015 plan to extend the life of Bruce Power's nuclear reactors—each project projected to cost about $13 billion. Apart from that, SNC may be building another CANDU reactor in Argentina. Canadian nuclear startups are also chasing new technologies. Terrestrial Energy has plans to build a commercially-viable molten salt reactor (MSR) by the 2020s. Read More: The Plan to Build a Million-Year Nuclear Waste Dump on the Great Lakes Since the concept was first developed at the Oak Ridge National Laboratory in the 1960s, it's been touted as a safer alternative. Terrestrial's small, modular design is targeted at remote communities and providing carbon-free power directly to heavy industrial installations. The nuclear fuel used in an MSR is liquid, so it can't melt down, and it's chemically bound to the molten salt coolant. That means a loss of coolant, like the one that happened at the Fukushima nuclear plant in 2011, isn't possible, said Canon Bryan, Terrestrial's co-founder. Watch more from Motherboard: The Thorium Dream The molten fuel is highly corrosive, so MSRs still need further development to be proven safe. But the company has garnered nearly $30 million in investment, among other undisclosed grants, and Terrestrial's application to the US government for a $1 billion loan guarantee through its US subsidiary is advancing well, said Bryan. While Terrestrial's MSR design could potentially use thorium fuel in the future, the goal of becoming commercially viable as soon as possible means that the company will be sticking with uranium for now, since it's well-understood by the industry. "The conversation is changing," said Jerry Hopwood. "The fact that Canada is serious about dealing with climate change [has] put nuclear in a good position." 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News Article | February 23, 2017
This press release is issued pursuant to Multilateral Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an early warning report dated February 23, 2017 TORONTO, ONTARIO--(Marketwired - Feb. 23, 2017) - Concerned shareholders (the "Concerned Shareholders") of Beaufield Resources Inc. ("Beaufield") (TSX VENTURE:BFD), led by Jim Deluce ("Mr. Deluce") and Shanghai Huaxin Group (Hong Kong) Limited ("SHG"), announced today four independent director nominees that the Concerned Shareholders intend to propose for election to the board of directors of Beaufield at the company's annual general meeting of shareholders currently scheduled to be held on Monday, February 27, 2017 (at 11:00 a.m. (Montreal time) at the offices of Lavery, de Billy, 1 Place Ville Marie, 40th Floor, Montreal, Quebec, H3B 4M4) (the "Meeting"). The Concerned Shareholders, which currently exercise control or direction over an aggregate of 21,250,000 common shares in the capital of Beaufield ("Common Shares") (representing approximately 11% of the 193,065,519 outstanding shares), believe that the current board of directors and management have underachieved in making strategic decisions that maximize shareholder value and are consistent with the best interests of Beaufield. The Concerned Shareholders are confident about the merit, quality and value potential of Beaufield's mineral exploration assets, but are frustrated with the limited progress that has been made in the long-term in respect of Beaufield's projects under the leadership of Jens E. Hansen, who has been the President and Chief Executive Officer of Beaufield, as well as a director, for over 20 years. The Concerned Shareholders acknowledge that some limited progressive activities have occurred with Beaufield in recent months; however, these activities are too little and too late to satiate the appetite for progress with Beaufield and its mineral resource properties. In addition, the Concerned Shareholders are concerned that any financing conducted by Beaufield in the near future, as evidenced by the recently-completed bought-deal financing priced at $0.10 per non flow-through share and $0.15 per flow-through share for aggregate gross proceeds of $6 million, would or will be highly dilutive and at a material discount to the current share price, to the detriment of all shareholders. The Concerned Shareholders are disappointed that the recently completed highly dilutive financing gave Osisko Mining Inc. a near-controlling position in Beaufield at a discounted price. The Concerned Shareholders are hopeful that, following the Meeting, a reconstituted board of directors comprised of the Concerned Shareholders' nominees will create a special committee with a focus of thoroughly canvassing and evaluating strategic alternatives (including potential joint ventures and/or change of control transactions) that are in the best interests of Beaufield and its shareholders. At the Meeting, shareholders will be asked to vote on, among other things, the election of directors. The Concerned Shareholders are proposing a new slate of fully-independent nominees to the board of directors of Beaufield that will bring a fresh perspective and a decisive plan for capitalizing on value-creating opportunities for Beaufield and its shareholders. The Concerned Shareholders' replacement director nominees are Bernard Deluce, Wesley C. Hanson, Zhuang MiaoZhong and Ronald W. Stewart, each of whom is highly-qualified and well-known in the business community. Their backgrounds and relevant qualifications are set forth below under the heading "Relevant Qualifications of the Concerned Shareholders' Director Nominees". Mr. Bernard Deluce, also known as Bernie, has been involved in the aviation industry for 30 years and has held mining interests mostly in the Northern Ontario and Northern Quebec area for 20 years. Previously, he has represented his family interests in Holmer Gold Mines Limited in 2004 as a board member until such company was taken over by Lake Shore Gold Corp. in December of 2004. Bernie is very familiar with Beaufield as he has served as an independent director of the Company since February 2016. Mr. Hanson is a graduate of Mount Allison University (1982) and has practiced his profession continuously since graduation. His early career focused on exploration for gold and base metal deposits throughout northern Canada. This eventually led to senior management positions at various gold development projects and producing gold mines throughout North America. Mr. Hanson joined SNC-Lavalin Engineers and Constructors in 1998 where he participated in numerous technical studies evaluating development projects globally. Mr. Hanson has served in senior management positions with several Canadian mining and exploration companies, including Kinross, Western Goldfields (Newgold) and Noront where he served as President and Chief Executive Officer for three years. Mr. Zhuang MiaoZhong has over fifteen years of experience in the energy industry. His previous experience includes working in state-owned enterprises, overseas corporations and large-scale enterprises, and he has extensive knowledge within these fields. Since 2007, he has been at CEFC China Energy Company Limited, which is a private collective enterprise with energy and financial services as its core business, seeking to expand international economic cooperation in the energy sector and establish a well-organized international investment bank and an investment group. CEFC China Energy Company Limited was ranked 229th with its revenue of USD$41.845 billion in the latest Fortune Global 500 in 2016. Mr. Zhuang MiaoZhong is currently the executive director of SHG, the executive director of the Council of the China Energy Fund Committee and is a General Manager of CEFC Hong Kong International Holdings Co., Limited. He holds a bachelor's degree from Xiamen University. Mr. Stewart is a mining professional with over 30 years of international experience in exploration, project development, operations and the capital markets. In December 2016, Mr. Stewart was appointed President and CEO of Eros Resources Corp., a junior resource exploration company focused on the acquisition, exploration and development of resource projects in the Americas. Prior to that, Mr. Stewart spent eight years in the capital markets industry as a top ranked equity analyst and investment banker: From December 2015 to November 2016, Managing Director, Mining Research at Dundee Capital Markets; from July 2014 to November 2015, Managing Director, Mining Equity Research at Macquarie Capital Markets (Canada) Ltd.; from January 2013 to June 2014, Managing Director, Investment Banking at Clarus Securities Inc.; and from September 2008 to December 2012, Senior Mining Analyst at Dundee Capital Markets. He also served as President and CEO of Verena Minerals Ltd. which later was renamed Belo Sun Mining. Prior to that, he worked as Executive Vice President of Exploration for Kinross Gold Corp. for over five years following a sixteen year career with Placer Dome Inc. On the date hereof, the Concerned Shareholders entered into a voting support agreement (the "Voting Agreement"), whereby the Concerned Shareholders agreed to vote their Common Shares (being an aggregate of 21,250,000 Common Shares, representing approximately 11% of the issued and outstanding Common Shares) in favour of the aforementioned director nominees of Mr. Deluce. The Concerned Shareholders believe in the significant potential of Beaufield. In order to maximize this potential, however, the leadership of Beaufield must, among other things: be more ambitious with its goals and vision for the company; and demonstrate a greater willingness to solicit, procure, consider and explore all proposals and corporate opportunities, with a view towards advancing Beaufield's projects and maximizing shareholder returns. Mr. Deluce previously acquired the 3,350,000 Common Shares that he currently holds through various transactions on the secondary market. This press release does not constitute a solicitation of proxies, and is being issued in accordance with the "early warning" requirements under applicable Canadian securities laws. Each of the Concerned Shareholders may, and reserves the right to, acquire or dispose of securities of Beaufield as circumstances warrant; and is carefully considering all legal options and remedies available to it as a shareholder of Beaufield. The above-referenced early warning report relating to this press release has been filed on System for Electronic Document Analysis and Review (SEDAR) at www.sedar.com under Beaufield's issuer profile.
News Article | February 27, 2017
Survalent, a leading provider of advanced distribution management systems (ADMS), today announced the addition of three executives, Serge Savchenko as chief revenue officer, Ian MacCuaig as vice president of customer success, and Marianne Kupina as vice president of marketing. “As we scale the company on the strength of ADMS adoption worldwide, we focused on assembling the best industry talent to spearhead our efforts,” commented Steve Mueller, president and chief executive officer at Survalent. “Serge, Ian and Marianne bring an incredible level of experience and expertise that will help drive the next phase of growth at Survalent. You can expect to see significant advancements in our business development, strategic partnering, customer on-boarding and market visibility.” Serge Savchenko As chief revenue officer, Serge Savchenko will lead a cross-functional team to drive the company’s top line growth initiatives globally, streamline the go-to-market strategy and secure key partnerships. Mr. Savchenko has more than 30 years of know-how in attaining appreciable revenue growth for technology companies. He was most recently vice president of worldwide sales for OpenText’s Portfolio Business Unit, where he built and managed a highly efficient and productive sales organization for the company’s enterprise software solutions. During his tenure, he drove top-line revenue growth while maintaining profitability, secured exceptional operational performance, and maintained industry-leading customer satisfaction levels. Prior to joining OpenText in 2007, Mr. Savchenko held progressive sales leadership positions at a number of high-tech firms, which included Dell, Wyse Technology and Datamirror. He holds a BS in computer science from York University. Ian MacCuaig Ian MacCuaig leads the newly formed customer success team with a primary focus on ensuring that every Survalent customer is generating value from the company’s software solutions and services. A 30-year industry veteran, Mr. MacCuaig has held leadership roles in customer services, project management and project delivery at numerous high profile firms including GE Digital Energy, SNC-Lavalin, and CAE Electronics. He has a successful track record in managing large, complex projects and has worked with some of the world’s largest electric utilities including Hydro-Quebec, ENERGEX, Powerlink Queensland, AVANGRID, National Grid, Pacific Gas and Electric, and Taiwan Power. He graduated from Concordia University with an honours bachelor of computer science and is a certified Project Management Professional (PMP) and a Certified Information System Security Professional (CISSP). Marianne Kupina As vice president of marketing, Marianne Kupina will be responsible for the global strategy and execution of all aspects of the marketing function. In this role, she will focus on growing the Survalent brand and developing programs to engage the company’s existing customer base and boost customer acquisition. Ms. Kupina joins Survalent with over 25 years of progressive B2B technology marketing experience. Previously, she was the head of marketing at Esri Canada where she developed and executed go-to-market strategies and multi-channel programs that helped drive sales growth. Prior to Esri Canada, Ms. Kupina held senior marketing roles at Constellation Energy, Syndesis and Algorithmics. She holds an honours bachelor of business administration degree with a major in marketing from Wilfrid Laurier University. About Survalent Survalent is the most trusted provider of advanced distribution management systems (ADMS) for electric, transit, gas and water/wastewater utilities across the globe. Over 500 utilities in 30 countries rely on the SurvalentONE platform to effectively operate, monitor, analyze, restore, and optimize operations. By supporting critical utility operations with a fully integrated solution, our customers have significantly improved operational efficiencies, customer satisfaction and network reliability. Our unwavering commitment to excellence and to our customers has been the key to our success for over 50 years. To learn more, visit us at survalent.com. Follow us on Twitter and LinkedIn.
News Article | February 15, 2017
Rogue Resources Inc. (TSX VENTURE: RRS) ("Rogue" or the "Company") is pleased to announce that Julie Ward has been appointed to the Rogue Board of Directors pending exchange approval. Ms. Ward is a Professional Engineer who has spent most of her career at Hatch, developing and advising on projects in the mining and metals industry. After business school, she joined Bain and Company as a strategy consultant, and is currently a Director at Canadian Shield Capital, a private equity investment and advisory firm partnered with Hatch. Ms. Ward is fully bilingual in French and English. The Company is also pleased to announce the formation of a new Rogue Advisory Group, and welcomes three initial members, who have joined the Rogue team to support management in advancing the Silicon Ridge Project (the "Project" or "Silicon Ridge") located approximately 42 km north of Baie St. Paul, Québec. Mark Isto, VP Operations at Royal Gold Inc. is a Mining Engineer with over 30 years international experience in mine management and project development, including as COO of First Nickel and EVP-Projects at Kinross Gold. Nirvan Nuckchedee, VP Business Development at SNC-Lavalin is a Professional Engineer and helps clients develop and structure projects at the firm's Mining and Metallurgy business. Mr. Nuckchedee has deep project experience in multiple sectors and is fully bilingual in French and English. Magnús Árni Skúlason, is Managing Director of Reykjavik Economics ehf, a strategic consulting firm based in Iceland. Mr. Skúlason is an economist and commercial expert, with extensive board experience. He received an MBA from Cambridge. "I am very excited for Julie to join our Board and to launch such an experienced Advisory Group, allowing the Company to benefit from the group's depth of mining, project and commercial knowledge. I have known each of these people for many years and have informally drawn from them all for counsel," said Sean Samson, President and CEO of Rogue Resources, "formalizing their involvement allows them to continue to contribute their invaluable expertise and experience, for the benefit of our shareholders, and is another step forward for the Company, as we move towards production." Rogue management are in Québec City and the Charlevoix Region this week, for meetings with the Ministère de l'Énergie et des Ressources naturelles (the "MERN", Ministry for Energy and Natural Resources), the Ministère des Forêts, de la Faune et des Parcs (the "MFFP", Ministry for Forestry, Wildlife and Parks) and the Ministère du Développement durable, de l'Environnement et de la Lutte contre les changements climatiques (the "MDDELCC", Ministry for Sustainable Development, Environment and Climate Change), the MRC (Regional County Municipality) de Charlevoix, the Nation Huronne-Wendat, various contract miners and other local stakeholders. The Company is in the final stages of developing its 2017 Plan, which it intends to announce in the near future. The Company also announces that it has granted an aggregate of 120,000 stock options to the new Director and the members of the Advisory Group, in accordance with the Company's shareholder approved Equity Incentive Plan. The stock options are exercisable at a price of $0.60 per share, expire in seven years, and vest over a period of one year, with one half of the options vesting immediately, and one half vesting at the end of the first anniversary of the date of grant. About Rogue Resources Inc. Rogue is a mining company focused on generating positive cash flow. Not tied to any metal, it looks at rock value and good grade deposits that can withstand all stages of the metal price cycle. The current focus is Quebec's Silicon Ridge Project. For more information visit www.rogueresources.ca. Qualified Person The Silicon Ridge Project is under the direct supervision of Paul Davis, P Geo., and Vice-President, Technical of the Company, a Qualified Persons ("QP") as defined by National Instrument 43-101, has approved the scientific and technical content of this release. On Behalf of Rogue Resources Inc. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Cautionary Note Regarding Forward-Looking Statements: Certain disclosures in this release constitute forward-looking statements, including timing of completion of exploration work. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company, including that the Company is able to obtain any government or other regulatory approvals, that the Company is able to procure personnel, equipment and supplies required for its exploration and development activities in sufficient quantities and on a timely basis and that actual results are consistent with management's expectations. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among others, those matters identified in its continuous disclosure filings, including its most recently filed MD&A. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
News Article | March 1, 2017
Gates, Bezos, Khosla, Bloomberg, Branson, Doerr, Plattner and the other billionaire investors in the $1 billion Breakthrough Energy Coalition have hired folks with actual energy backgrounds. David Danielson is now managing director for science and Eric Toone is executive managing director and science lead -- the first employees on the Breakthrough Energy Ventures science team. Danielson was most recently a Precourt Energy Scholar at Stanford. Before that, he served as the Assistant Secretary for Energy Efficiency and Renewable Energy. He was the first program director hired by the DOE's Advanced Research Projects Agency-Energy (ARPA-E), which focuses on high-risk clean energy technologies. Toone was most recently the leader of the Innovation and Entrepreneurship Initiative at Duke University. In 2009, he was a founding member of ARPA-E, where he led the electrofuels program. On the relatively rare topic of investors focused on energy and sustainability: Sam Youneszadeh, regional GM with SunEdison, is now chief development officer at ForeFront Power. As we've reported, SunEdison's commercial and industrial solar development team has been reincarnated as ForeFront Power. Earlier this month, the Japanese industrial and energy giant Mitsui & Co. acquired the remainder of SunEdison's commercial business for $15 million. The acquisition included 50 employees -- down from 300 at SunEdison's peak -- focused on building and financing projects. Kevin Christy, previously with SunEdison and Axio Power, is now COO for North America at project developer Lightsource Renewable Energy. GlassPoint Solar, a supplier of solar for the oil and gas industry, announced that Tunde Deru, previously with LINN Energy, joined the firm as director of sales for the Americas, and Jeffrey Kennedy, most recently with SunPower, joined as senior director of project finance. Co-founder and CEO of GlassPoint Rod MacGregor has left the CEO role but remains on the board. David Miles, formerly with Ideematec Deutschland GmbH, is now senior director of project development at Hannah Solar, a solar developer and EPC in the Southeast U.S. John Megna, previously with SMA Solar Technology, is now sales director of grid-scale energy storage at LG Chem Power. According to Greenbiz, ExxonMobil CEO Darren Woods "has signaled his backing for the Paris Agreement and called for a carbon tax to reduce U.S. emissions." Woods replaced Rex Tillerson, who is now the U.S. Secretary of State. Woods also cited the necessity of "managing the risks of climate change." Northern Power Systems added Kevin Kopczynski to the board of directors. When First Solar acquired Enki Technology for its anti-reflection coatings late last year, Enki's CEO, Kopczynski, joined First Solar as a senior director. Previously, Kopczynski was a partner at RockPort Capital Partners. Northern Power Systems manufactures wind turbines with permanent magnet direct drive technology. Enertech Search Partners, an executive search firm with a dedicated cleantech practice, is the sponsor of the GTM jobs column. Among its many active searches, Enertech is looking for a Regional Account Executive. The client brings electric vehicle (EV) charging to more people and places than ever before. They operate the world's largest and most open EV charging network and also design, build and support the technology that powers it. The client is seeking a Regional Account Executive in Colorado with value-based/solution sales experience and a natural knack for hunting and closing large enterprise transactions. SaaS experience is highly desired, as well as exceptional pipeline management. Survalent, a provider of advanced distribution management systems (ADMS) to utilities worldwide, announced three new executives: Serge Savchenko, most recently with OpenText, joins as chief revenue officer; Ian MacCuaig, with past leadership roles at GE Digital Energy, SNC-Lavalin, and CAE Electronics, joins as VP of customer success; and Marianne Kupina, previously head of marketing at Esri Canada, joins as VP of marketing. IOTAS, looking to supply a smart home system for the apartment rental market, named Tim Enwall, previously head of strategy at Nest and former CEO of Revolv to its board. Revolv, acquired by Nest, had developed a smart hub aimed at homeowners. Soumya Sastry was promoted to principal, short-term electric supply/energy policy & procurement at PG&E. Electric-bus builder Proterra named Matt Horton as chief commercial officer. Prior to joining Proterra, Horton was the CEO of Propel Fuels. Proterra has sold more than 380 vehicles to 36 different municipal, university, and commercial transit agencies throughout North America. According to the company, by 2030, every single transit bus sold in the U.S. will run on electricity. (Here's the recent Energy Gang podcast interview with Proterra CEO Ryan Popple.) Hannah Masterjohn was promoted to VP of policy and regulatory affairs at Clean Energy Collective. In 2014, First Solar made its entry into the U.S. residential solar market by becoming the single largest investor in Clean Energy Collective's community solar business with the purchase of a 28 percent ownership interest for $21.8 million. CEC builds and sells community solar projects to residential and small business customers on behalf of utilities. In 2012, CEC won $13 million in equity financing from the New Energy Capital Cleantech Infrastructure Fund, Black Coral Capital and other investors.
Darabi Z.,SNC - Lavalin |
Ferdowsi M.,Missouri University of Science and Technology
IEEE Transactions on Industrial Informatics | Year: 2014
This paper describes the development of a discrete-event simulation framework that emulates the interactions between the power grid and plug-in hybrid electric vehicles (PHEVs) and examines whether the capacity of the existing power system can meet the PHEV load demand. The probability distribution functions for the arrival time and energy demand of each vehicle are extracted from real-world statistical transportation data. The power grid's limited generation and transmission capacities are considered to be the major constraints. Therefore, vehicles may have to wait to receive any charge. The proposed simulation framework is justified and described in some detail in applying it to two real cases in the United States to determine certain regions' grid potential to support PHEVs. Both Level-1 and -2 charging are considered. © 2005-2012 IEEE.
News Article | February 15, 2017
Rogue Resources Inc. (TSX VENTURE: RRS) ("Rogue" or the "Company") is pleased to outline the major events anticipated for 2017, as the Company drives forward towards a development decision on its Silicon Ridge Project (the "Project" or "Silicon Ridge") located approximately 42 km north of Baie-Saint- Paul, Québec. "2017 will be a crucial year for Rogue, as we advance Silicon Ridge toward a development decision and in the event of a positive development decision, subsequent production," stated Sean Samson, President & CEO. "We are very excited about the potential impact of the ongoing optimization on an already appealing Project and the Q2 PEA should have some very interesting results. Our permitting process is already underway and we are busy with commercial negotiations on multiple fronts which will remain our focus through the first half of the year. If successful, we believe Silicon Ridge can be a straightforward, profitable producer, for many years." Working closely with SNC-Lavalin, Rogue continues to optimize and improve on the business case for the Silicon Ridge Project. In addition to the overburden reduction previously announced in Q4, 2016, Rogue is working with SNC-Lavalin to update the wireframes and block model, from which the Company plans to develop an updated resource for the Project. Based on that resource, SNC-Lavalin will develop an optimized Mine Plan and Capex Plan, including analysis of a Direct-Ship Option ("DSO") which the Company believes will reduce the Project Capex as compared to the September 2016 PEA. The optimized Mine Plan and Capex Plan will be included into an updated, optimized PEA being authored by SNC-Lavalin with an anticipated completion in Q2. "We believe that completing an updated study with SNC-Lavalin will allow Rogue to show investors an enhanced business case for the Project and present an even more compelling investment opportunity," stated Sean Samson, President & CEO. "This was not our original strategy, but realizing now that there are significant optimizations, an updated, optimized PEA will better reflect the value of the project." With the assistance of SNC-Lavalin, the Company has begun the permitting process to receive the necessary permits, certificates and authorizations from the various Québec ministries, authorities and municipalities to initiate development and production activities in the coming months. The permitting and authorization process for the Silicon Ridge Project will consist mainly of three separate ministries awarding permits, authorizations and certificates, including: As outlined in the 2017 Plan, Rogue and SNC-Lavalin understand this process will culminate with the CofA, expected in the summer. The Company will continue to advance and finalize the various negotiations that are underway to prepare Silicon Ridge for production. These include discussions with: "The first half of 2017 will be busy running multiple commercial negotiations timed to be completed in conjunction with the permitting, in the summer months," said Sean Samson, President and CEO of Rogue Resources. "This will keep us on-track for a development decision in Q3." Rogue is a mining company focused on generating positive cash flow. Not tied to any metal, it looks at rock value and good grade deposits that can withstand all stages of the metal price cycle. The current focus is Québec's Silicon Ridge Project. For more information visit www.rogueresources.ca. The Silicon Ridge Project is under the direct supervision of Paul Davis, P Geo., and Vice-President, Technical of the Company, a Qualified Persons ("QP") as defined by National Instrument 43-101, has approved the scientific and technical content of this release. On Behalf of Rogue Resources Inc. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Cautionary Note Regarding Forward-Looking Statements: Certain disclosures in this release constitute forward-looking statements, including timing of completion of exploration work. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company, including availability of capital at terms acceptable to the Company, factors related to a development decision, that the Company is able to obtain any government or other regulatory approvals (including the permits referred to herein) that the Company is able to procure personnel, equipment and supplies required for its exploration and development activities in sufficient quantities and on a timely basis and that actual results are consistent with management's expectations, the timing and result of the third party negotiations referred to herein, the results of the Company's optimization efforts, the conclusions of an optimized PEA and ultimately whether or not production is achieved. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among others, those matters identified in its continuous disclosure filings, including its most recently filed MD&A. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.