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CHAR Tech Announces Extension of Term Warrants, RSU and Options Grant
Globenewswire· 2025-06-20 12:00
Group 1 - CHAR Technologies Ltd. has amended up to 2,750,000 common share purchase warrants, extending the expiration date from July 5, 2025, to July 5, 2026, subject to TSX Venture Exchange approval [1] - The exercise price of the warrants is set at $0.70, and the net proceeds from their exercise will be used for general corporate purposes [1] - The amendment constitutes a related party transaction as ArcelorMittal is considered a related party, and the company is relying on exemptions from formal valuation and minority shareholder approval requirements [2] Group 2 - The Board of Directors has approved the grant of 25,000 stock options to a consultant, exercisable at $0.28 per common share, expiring on February 7, 2030 [3] - Additionally, 83,629 Restricted Share Units (RSUs) have been granted to a consultant, which will fully vest after one year [3] - These grants are subject to the company's Amended and Restated Omnibus Long-Term Incentive Plan and require TSX Venture Exchange approval [3] Group 3 - CHAR Technologies utilizes high temperature pyrolysis (HTP) technology to process unmerchantable wood and organic wastes, generating renewable natural gas (RNG) or green hydrogen and solid biocarbon [4] - The HTP technology aligns with the global green energy transition by diverting waste from landfills and producing sustainable clean energy for decarbonizing heavy industry [5]
Euro Sun Mining Inc. Announces 2025 AGM Voting Results
Globenewswire· 2025-06-18 22:00
Core Points - Euro Sun Mining Inc. held its 2025 annual general meeting of shareholders on June 18, 2025, in Toronto, Ontario, and provided voting results in accordance with Toronto Stock Exchange policies [1][2] - The nominees listed in the management information circular dated May 8, 2025, were elected as directors, and shareholders approved the appointment of the Company's auditors [2][3] Election of Directors - The following nominees were elected as directors with the corresponding vote percentages: - Grant Sboros: 98.087% votes for, 1.913% votes against [4] - Neil Said: 95.127% votes for, 4.873% votes against [4] - Deborah Battiston: 95.109% votes for, 4.891% votes against [4] - Martin Schuermann: 95.114% votes for, 4.886% votes against [4] - Carlo Livolsi: 98.690% votes for, 1.310% votes against [4] - Shareholders voted 98.524% in favor of the appointment of the Company's auditors, with 1.476% withholding their vote [4] Company Overview - Euro Sun Mining Inc. is a Toronto Stock Exchange-listed mining company focused on the exploration and development of its 100%-owned Rovina Valley Project in west-central Romania, which contains the second largest copper and gold deposit in Europe [6] - The Rovina Valley Project is expected to generate significant investment and job creation in Hunedoara County and provide critical minerals necessary for Europe's green energy transition [6]
Fathom Nickel Expands the Gochager Lake Property and Announces Delay of Summer Field Exploration
Newsfile· 2025-06-11 11:45
Core Viewpoint - Fathom Nickel Inc. has expanded the Gochager Lake Property by adding 10,519.43 hectares, bringing the total area to 34,409.34 hectares, while the planned summer field exploration has been delayed due to wildfires in Saskatchewan [2][4]. Company Update - Fathom Nickel is hosting a live update webinar for shareholders and stakeholders on June 11, 2025 [2]. - The company has expanded the Gochager Lake Property through direct staking with the Government of Saskatchewan [2]. Property Expansion Details - The expansion includes three contiguous mineral dispositions totaling 10,519.43 hectares [4]. - The Gochager Lake Property now consists of 39 contiguous mineral claims [4]. - The new staking covers known nickel-copper occurrences and gold occurrences, as well as potential extensions of the Borys Lake VMS-style trend [4]. Exploration Plans - The planned field exploration at Gochager Lake has been postponed due to wildfire conditions in the La Ronge area [4]. - Fathom intends to commence the field exploration later in the summer when conditions allow [4]. Geological Insights - The Gochager Lake Property hosts the historic Gochager Lake deposit, with a re-interpretation of a 2008 VTEM™ survey identifying a prospective structural corridor known as the "Gochager Trend" [5]. - The 2008 VTEM™ survey highlights complex conductors along the Gochager Trend [5]. - Fathom's analyses confirm that the mineralization at Mal Lake is analogous to the Gochager Lake deposit [5]. CEO Statement - The CEO of Fathom Nickel emphasized the potential of the Gochager Lake Property, highlighting not only nickel-copper-cobalt but also the importance of gold opportunities in Saskatchewan [6]. - The recent property expansion was motivated by an evolving understanding of the area and the potential for additional magmatic nickel sulphide deposits [6]. Additional Geological Data - The newly staked claims report multiple occurrences of anomalous Ni-Cu-Zn in bedrock and gold up to 2.68 g/t Au associated with shear-hosted quartz veins [7].
A labor shortage is hurting the #AI revolution
Bloomberg Television· 2025-06-09 03:41
Labor Shortages in Electrification - US data center builders are experiencing delays due to labor shortages [1] - German heat pump customers face installation wait times twice as long as French customers [1] - UK utilities are struggling with a backlog of solar panel installations [1] - The electrification industry faces a major global shortfall in labor [1] Skills and Compensation - The required skills for many electrification jobs don't necessarily require a university engineering degree, but rather mechanical skills, plumbing skills, and safe roofing practices [2][3] - Engineering talent has shifted towards the tech industry due to "sexy companies" and higher pay [3] - Electrification companies are facing the challenge of matching tech industry salaries to attract talent [3] Impact and Focus - Labor shortages in the electrification industry are impacting the green energy transition and the AI revolution [4] - Addressing labor shortages is crucial for turning things around in the electrification sector [4]