American Battery Metals Corporation which is in the process of changing its name to American Battery Technology Company today announced the close of a $1,250,000 equity investment from Just Business, a San Francisco based impact investment firmLed by partners, David Batstone, Mark Wexler and William Riggs, Just Business is committed to building profitable companies that positively impact the world. The firm is …
American Battery Metals Corporation (OTCQB:ABML) (the “Company”), which is in the process of changing its name to American Battery Technology Company (ABTC), today announced the close of a $1,250,000 equity investment from Just Business, a San Francisco based impact investment firm
Led by partners, David Batstone, Mark Wexler and William Riggs, Just Business is committed to building profitable companies that positively impact the world. The firm is focusing its’ most recent fund, the People | Planet Fund, on technology platforms that will support that clean energy transition and provide the building blocks to power the future of society, from electric vehicles and grid storage applications to consumer electronics and power tools.
“We are excited to invest in a company that supports ethical and environmentally sustainable sourcing of critical materials for everything from our cars to our electronics,” said Wexler. “American Battery’s focus on recycling, extraction, and exploration uses the best technology available and we look forward to working with them as they scale their vision of a circular economy that connects people, planet and profit.”
American Battery Technology Company is uniquely positioned to supply battery metals through its three divisions: lithium-ion battery recycling, extraction technology, and primary resources. The Company recently announced the groundbreaking of its lithium-ion battery recycling facility in Fernley, NV and issued a recent Shareholder Letter October 2020 outlining achievements of the past year. The Company is focused on its lithium-ion battery recycling, its proprietary extraction technology, and resource production projects in Nevada, to become a substantial domestic supplier of battery metals to the rapidly growing electric vehicle and battery storage markets.
For more information, please visit: www.americanbatterytechnology.com
American Battery Metals Corporation (www.batterymetals.com) (OTCQB:ABML) is an American-owned lithium-ion battery recycling technology and advanced extraction company with extensive mineral resources in Nevada. The company is focused on its lithium-ion battery recycling and resource production projects in Nevada, with the goal of becoming a substantial domestic supplier of battery metals to the rapidly growing electric vehicle and battery storage markets.
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including those with respect to the expected project economics for Western Nevada Basin (Railroad Valley), including estimates of life of mine, average production, cash costs, AISC, initial CAPEX, sustaining CAPEX, pre-tax IRR, pre-tax NPV, net cash flows and recovery rates, the impact of self-mining versus contract mining, the timing to obtain necessary permits, the submission of the project for final investment approval and the timing of initial gold production after investment approval and full financing, metallurgy and processing expectations, the mineral resource estimate, expectations regarding the ability to expand the mineral resource through future drilling, ongoing work to be conducted at the Western Nevada Basin (Railroad Valley), and the potential results of such efforts, the potential commissioning of a Pre-Feasibility study and the effects on timing of the project, are “forward-looking statements.” Although the Company’s management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company’s future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, interpretations or reinterpretations of geologic information, unfavorable exploration results, inability to obtain permits required for future exploration, development or production, general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices, final investment approval and the ability to obtain necessary financing on acceptable terms or at all. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company’s filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the year ended September 30, 2019. The Company assumes no obligation to update any of the information contained or referenced in this press release.
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WENDEL: Tsebo's shareholders transfer their shares to the investment arms of its senior lenders in a consensual transaction – GlobeNewswire
Tsebo’s shareholders transfer their shares to the investment arms of its senior lenders in a consensual transaction
Wendel invested in Tsebo in 2017 and contributed further capital to the company in 2019 to strengthen its balance sheet.
The transaction will also result in the settlement of a guarantee granted in 2017 in connection with the investment by B-BBEE partners in Tsebo. The transfer of the controlling shareholding to a South African consortium of financial investors and management ensures that Tsebo’s balance sheet is strengthened, it’s strong B-BBEE credentials are preserved and the business is well-positioned to grow into the future.
Wendel’s financial statements and Net Asset Value as of June 30, 2020 already reflect these transactions.
The transactions are subject to finalization of the legal documentation and to South African Reserve Bank approval and should be closed in the coming months.
Wendel is one of Europe’s leading listed investment firms. The Group invests in Europe, North America and Africa in companies which are leaders in their field, such as Bureau Veritas, Cromology, Stahl, IHS, Constantia Flexibles and Crisis Prevention Institute. Wendel plays an active role as a controlling or significant shareholder in these companies. We implement long-term development strategies, which involve boosting growth and margins of companies so as to enhance their leading market positions.
Wendel is listed on Eurolist by Euronext Paris.
Standard & Poor’s ratings: Long-term: BBB, stable outlook – Short-term: A-2 since January 25, 2019
Moody’s ratings: Long-term: Baa2, stable outlook – Short-term: P-2 since September 5, 2018
Wendel is the Founding Sponsor of Centre Pompidou-Metz. In recognition of its long-term patronage of the arts, Wendel received the distinction of “Grand Mécène de la Culture” in 2012.
For more information: wendelgroup.com
Follow us on Twitter @WendelGroup
2020 Investor Day / Presentation of NAV as of September 30, 2020, and Q3 2020 trading update (publication post-market release on 11/03/2020).
2020 Full Year Results – Publication of NAV as of December 31, 2020 (pre-market release).
Q1 2021 Trading update – Publication of NAV as of March 31, 2021 (pre-market release).
Annual General Meeting
H1 2021 results – Publication of NAV as of June 30, 2021, and condensed Half-Year consolidated financial statements (pre-market release).
Q3 2021 Trading update – Publication of NAV as of September 30, 2021 (pre-market release).
2021 Investor Day – Meeting to take place in the morning
Manulife Investment Management named to PRI Leaders' Group 2020 in recognition of 'Cutting Edge' Responsible Investment Practices – Canada NewsWire
Releases annual Sustainable and Responsible Investing Report outlining ESG initiatives across investment teams
C$ unless otherwise stated
TSX/NYSE/PSE: MFC SEHK: 945
TORONTO and BOSTON, Oct. 19, 2020 /CNW/ – As sustainable investing continues to drive interest across the globe, Manulife Investment Management announced it was recently recognized in the Principles for Responsible Investment’s PRI Leaders’ Group 2020, a 10-year initiative honoring signatories at the cutting edge of responsible investment. This year, 36 signatories, including Manulife Investment Management, were recognized for demonstrating responsible investment excellence in climate reporting throughout their organization and portfolios.
“We are grateful to the PRI for recognizing our efforts in integrating climate data and analysis into our portfolios and pleased to detail our extensive sustainability initiatives across our investment teams in our Sustainable and Responsible Investing Report,” said Paul Lorentz, President and CEO, Manulife Investment Management. “Sustainability is a natural fit for our organization, given our traditional focus on risk management and investment research, and our history of sustainably operating real assets such as timber and farmland. Today, we offer a number of ways for investors to align their investments with their values, and our commitment to ESG investing deepens every year.”
Manulife Investment Management showcases its ongoing commitment to ESG analysis, research, and integration with its second annual Sustainable and Responsible Investing Report. Released today, the report covers activities in both public and private markets in sustainable asset management and showcases a holistic view of Manulife Investment Management’s sustainability-focused research capabilities, engagement activities, and asset ownership practices. The document also demonstrates concrete steps taken at the firm throughout 2019 to integrate sustainability considerations into investment decision-making. The Sustainable and Responsible Investing Report outlines Manulife Investment Management’s key areas of sustainability focus and metrics of success. Focus areas include strong governance, ESG integration, active and responsible ownership, and global collaboration across numerous platforms for broader industry effectiveness.
Highlights from private markets in 2019, pertaining to real estate, private equity and infrastructure, included formalizing a robust governance structure for its sustainable investing program, actively participating in industry associations such as Leading Harvest Sustainable Farmland Management Standard and improving Real Estate GRESB scores, earning a “Green Star” ranking in six submissions. In public markets, Manulife Investment Management advanced ESG integration and active engagement across its equity and fixed-income capabilities. As a result, Manulife Investment Management won the 2019 SDG Canadian Leadership Awards for large enterprise – Canada’s premier award for organizations and businesses doing exceptional work to integrate and advance the 17 Sustainable and Development Goals of the United Nations Global Compact.
“We’re proud of the progress we’ve made driving our sustainable and responsible investing at Manulife Investment Management as we strive to lead the industry in ESG integration practices,” said Christopher P. Conkey, CFA, global head of public markets, Manulife Investment Management. “For investors, focusing on sustainability is more important now than it has ever been; the world is running up against the limits of natural capital, which increases social and economic risks in virtually every corner of the capital markets. Sustainability and resilience are central to our clients’ objectives, to the broader set of stakeholders with whom we work, and to the communities whose lives are touched by our capital allocation decisions.”
“Responsible stewardship of our clients’ capital resides at the core of our business and culture,” added Stephen J. Blewitt, global head of private markets, Manulife Investment Management. “As sustainable investing continues to migrate from the margins of our industry to its mainstream, investor demand drives that shift. By doing the right things for the right reasons, we also aspire to be a partner of choice for clients who recognize that ESG considerations are often tied to economic ones.”
Inaugural TCFD report
As part of its 2019 Sustainable and Responsible Investing report, Manulife Investment Management included its inaugural TCFD report—which follows the voluntary disclosure framework developed by the Financial Stability Board’s Taskforce for Climate-related Financial Disclosure (TCFD). The framework sets out how businesses should disclose climate-related financial risks and opportunities within the context of their existing disclosure requirements. For Manulife Investment Management, this report offers details on the firm’s approach to climate-related sustainability governance, risk management, strategy for managing climate-related risks and opportunities, and the metrics used to manage and monitor alignment with climate-related goals.
Top Scores on PRI Assessment
Also contained in the 2019 report is Manulife Investment Management’s recently announced Principles for Responsible Investment (PRI) assessment results and rationale. Scores for 2019 included:
- A+ for strategy and governance
- A+ for equity integration
- A+ for SSA fixed-income integration (sovereign, supranational, and agency debt)
- A for real estate
- A for equity active ownership
- A for fixed income (corporate financial, corporate non-financial, and securitized)
- B for infrastructure (this asset class was submitted for the first time)
- B for private equity (this asset class was submitted for the first time)
Click here for more information about the Manulife Investment Management 2019 Sustainable and Responsible Investing Report.
About Manulife Investment Management
Manulife Investment Management is the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in Toronto, our leading capabilities in public and private markets are strengthened by an investment footprint that spans 17 countries and territories. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We’re committed to investing responsibly across our businesses. We develop innovative global frameworks for sustainable investing, collaboratively engage with companies in our securities portfolios, and maintain a high standard of stewardship where we own and operate assets, and we believe in supporting financial well-being through our workplace retirement plans. Today, plan sponsors around the world rely on our retirement plan administration and investment expertise to help their employees plan for, save for, and live a better retirement.
As of June 30, 2020, Manulife Investment Management had CAD$900 billion (US$660 billion) in assets under management and administration. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.
SOURCE Manulife Investment Management
For further information: Media Contacts: Giovana Chichito, Manulife Investment Management Canada, 647-702-4707, [email protected]; Elizabeth Bartlett, Manulife Investment Management US and Europe, 857-210-2286, [email protected]; Carl Wong, Manulife Investment Management Asia, 852 2510 3180, [email protected]
City of Mississauga Applauds Roche Canada Jobs Investment in Life Sciences Industry
“At a time when Canada and the world are looking to the life sciences sector to lead in testing, treatment and post-pandemic economic recovery, I am proud that Roche Canada has decided to grow and expand their business here in Mississauga,” said Mayor Bonnie Crombie. “Roche is a global pioneer in pharmaceuticals and diagnostics. Not only will this investment support jobs and attract talent, but it also reinforces Mississauga’s position as a global, internationally recognized leader in life sciences. Our local economy has greatly benefitted from our thriving life sciences sector, a place where researchers can not only make medical breakthroughs but where products can be commercialized and brought to market.”
Roche is the world’s largest biotech company, with truly differentiated medicines in oncology, immunology, infectious diseases, ophthalmology and diseases of the central nervous system.
“Mississauga was selected for this investment based on a strong competitive business environment, exceptional talent pool, and a government committed to fostering growth in the sector,” says Ronnie Miller, President and CEO of Roche Pharmaceuticals, Canada. “We applaud the hard work done by the Government of Ontario and the Premier’s Office to foster a business environment that can compete internationally to attract investment opportunities, and Roche’s commitment to add up to 500 specialized positions is a direct result of these positive changes. Without the support of all three levels of government, the Mississauga Board of Trade, Life Sciences Ontario, and Invest in Canada, who are all active advocates for a thriving sector, this investment would not have been possible.”
Mississauga is the second largest Life Sciences Sector in Canada by employment, with more than 470 companies employing over 25,000 people.
“Mississauga is the first Canadian municipality to have a five year Life Sciences Cluster Strategy and Action Plan that focuses on establishing Mississauga as the premier Canadian destination for the commercialization of life sciences products, technologies and services,” said Bonnie Brown, Director of Economic Development. “Our commitment to growing Mississauga’s Life Sciences cluster has been instrumental in helping us achieve our economic goals and attracting new investment.”
Roche Canada states the investment will create new and exciting employment opportunities, in particular for recent graduates of Ontario’s strong science, technology, engineering and math academic institutions who will have the opportunity to impact the development of Roche’s medicines from early stages through to patient use around the world.
For more information about Mississauga’s Life Sciences Cluster, visit thefutureisunlimited.ca.
SOURCE City of Mississauga
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