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ARGAN and REXEL join forces: CO2 emissions in Cestas will decline by a factor of 14
Globenewswire· 2025-07-08 15:45
Core Viewpoint - ARGAN and REXEL have inaugurated a new sustainable heating system at the Cestas logistics center, which will significantly reduce CO2 emissions and improve energy efficiency [2][4][8]. Group 1: Project Overview - The Cestas logistics center, owned by ARGAN, spans 18,000 sq.m and serves B2B clients in the Aquitaine region, storing 25,000 SKUs with D+1 lead times [3]. - The new heating system combines electric heat pumps and green gas, replacing the former gas heating system, and includes a Building Management System for optimized resource use [5][6]. Group 2: Environmental Impact - The new system is expected to reduce the site's energy consumption by a factor of 7 and CO2 emissions by a factor of 14 [8]. - REXEL has reduced its carbon emissions by 30% over three years, aligning with its strategy to decarbonize buildings [9]. Group 3: Strategic Importance - The project exemplifies effective collaboration between ARGAN and REXEL, showcasing innovation and expertise in deploying sustainable solutions [9]. - The installation is designed to be compatible with future hydrogen hybridization, indicating a forward-looking approach to energy solutions [7]. Group 4: Company Profiles - ARGAN specializes in the development and rental of premium warehouses, with a portfolio of 3.7 million sq.m valued at €3.9 billion, generating nearly €205 million in annual rental income [10]. - REXEL is committed to sustainability and has made significant progress in reducing its carbon footprint, reflecting its dedication to environmental responsibility [9][11].
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
TORONTO, June 18, 2025 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to provide the voting results from its 2025 annual general meeting of shareholders in accordance with the policies of the Toronto Stock Exchange. The Company announces that the nominees listed in the management information circular dated May 8, 2025 (the “Circular”) for the 2025 annual general meeting of shareholders of the Company (the “Meeting”) were elected as directors of the Company. Shar ...
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
Data center builders in the US are facing delays. German heat pump customers are waiting twice as long as French customers for installations. UK utilities are struggling to work through a backlog of solar panel customers.These are just some of the growing pains of a rapidly electrifying world. And they all have something in common, a major global shortfall in labor. What kinds of jobs are we talking about here.and and why are they so hard to fill. So in the UK, we spoke to a utility that builds heat pumps a ...