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Defense Metals Advances Baseline Environmental, Completes Meteorological Station Install and LiDaR Survey at Wicheeda REE Property

PR Newswire

VANCOUVER, BC, Nov. 18, 2020 /PRNewswire/ – Defense Metals Corp. (“Defense Metals“) (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce that as part of its ongoing baseline environmental monitoring program (see Defense Metals News Release dated  July 8, 2020) it has recently completed meteorological station installation, stream flow monitoring, and a property-wide high resolution airborne LiDaR (Light Detection and Ranging) survey at its 1,708 hectare (4,220 acre) Wicheeda Rare Earth Element (REE) Property (“Wicheeda“) located close to existing infrastructure near Prince George, British Columbia (BC).

Craig Taylor, CEO of Defense Metals, stated:

“Defense Metals continues to advance the Wicheeda REE Project through completion of its highly successful 2020 updated mineral resource estimate, 26 tonne flotation pilot plant, and long-term baseline environmental mentoring programs. In addition, completion of high-resolution airborne LiDaR surveys allow for enhanced planning of critical project infrastructure as we look forward to the potential development of the Wicheeda REE Project. The Fortress Value Acquisition Corp.’s US$1.4 billion merger with MP Materials/Mountain Pass and listing on the NYSE has further added awareness to the REE industry and we anticipate that this sector will continue to attract the attention of investors, governments, and consumers all around the world.”

The Wicheeda project has indicated mineral resources of 4,890,000 tonnes averaging 3.02% LREO (Light Rare Earth Elements) and inferred mineral resources of 12,100,000 tonnes averaging 2.90% LREO1. Flotation pilot-plant processing of a 26-tonne bulk sample of Wicheeda REE material yielded a mineralconcentrate averaging 7.4% NdPr oxide (neodymium-praseodymium) critical magnet metals2.

_________________________________


1 Technical Report on the Wicheeda Property, British Columbia, effective June 27, 2020 and prepared by APEX Geoscience Ltd. (Steven J. Nicholls, B.A. Sc., MAIG and Kristopher J. Raffle, B.Sc., P.Geo) is available under Defense Metals Corp.’s profile on SEDAR (www.sedar.com)


2 See Defense Metals News Release date September 23, 2020

Hydologica Environmental Consulting Inc. and Swiftwater Consulting Ltd. of Vancouver, BC were commissioned to complete an assessment of regional climate data to support baseline monitoring activities and meteorological station installation at the Wicheeda REE Project. The regulatory requirement is for a minimum of two years of project-specific baseline data collection. As the Wicheeda REE Project advances, these data are analyzed along with regional climate data to characterize the project area and provide inputs to design and permitting. The Wicheeda site meteorological station install allows for continuous real-time telemetry monitored data collection including; precipitation, barometric pressure, solar radiation snow depth, wind speed and direction parameters.

Defense Metals retained subsequently Eagle Mapping Ltd. of Port Coquitlam, BC to collect LiDAR and color aerial photography over the Wicheeda REE Project. The LiDAR will be collected at a minimum density of 8 points-per-square-metre. Expected absolute accuracies of the LiDAR data will be less than +/- 15cm in the vertical and +/- 30cm in the horizontal. The color photography will be triangulated and orthorectified to the LiDAR bare earth model to produce an orthophoto mosaic with a 13 cm pixel resolution. 

In addition to real-time climate monitoring and LiDaR survey, EDI Environmental Dynamics Inc. of Prince George, BC has completed hydrometric station installs within the Wicheeda REE Project. Hydrometric stations area designed to collect stream flow data in accordance with BC hydrometric standards for Grade A provincial standards in support of potential future project applications including: major mine permit applications proceeding through the BC Environmental Assessment Act, or regional mine permit applications via the Mines Act.

About the Wicheeda REE Property

The 1,708 hectare Wicheeda REE Property, located approximately 80 km northeast of the city of Prince George, British Columbia, is readily accessible by all-weather gravel roads and is nearby to infrastructure, including power transmission lines, the CN railway and major highways.

Geologically, the property is situated in the Foreland Belt and within the Rocky Mountain Trench, a major continental geologic feature. The Foreland Belt contains part of a large alkaline igneous province, stretching from the Canadian Cordillera to the southwestern United States, which includes several carbonatite and alkaline intrusive complexes hosting the Aley (niobium), Rock Canyon (REE), and Wicheeda (REE) deposits.

Qualified Person

The scientific and technical information contained in this news release as it relates to the Wicheeda REE Property has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a director of Defense Metals and a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosurefor Mineral Projects. Mr. Raffle verified the data disclosed which includes a review of the analytical and test data underlying the information and opinions contained therein.  

About
Defense Metals Corp.

Defense Metals Corp. is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of “GREEN” energy technologies, such as, high strength alloys and rare earth magnets. Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

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.

Forward Looking Information

This news release includes certain statements that constitute “forward-looking information or statements” within the meaning of applicable securities law, including without limitation, Defense Metals plans for its properties/projects, the advancement and development of the Wicheeda REE Project, increase in awareness of the REE industry, other statements relating to the technical, financial and business prospects of Defense Metals and its properties, and other matters.

Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or “intends”, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved), and variations of such words, and similar expressions are not statements of historical fact and may be forward-looking statements. Forward-looking statement are necessarily based upon a number of factors that, if untrue, could cause the actual results, performances or achievements of Defense Metals to be materially different from future results, performances or achievements express or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which Defense Metals will operate in the future, including the price of metals and elements, anticipated costs and the ability to achieve goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, and that third party contractors, equipment and supplies and governmental and other approvals required to conduct Defense Metals planned exploration activities will be available on reasonable terms and in a timely manner. While such estimates and assumptions are considered reasonable by the management of Defense Metals, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks.

Forward-looking statements are subject to a variety of risks and uncertainties, which could cause actual events, level of activity, performance or results to differ materially from those reflected in the forward-looking statements, including, without limitation: (i) risks related to rare earth elements, and other commodity price fluctuations; (ii) risks and uncertainties relating to the interpretation of exploration results; (iii) risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses; (iv) that resource exploration and development is a speculative business; (v) that Defense Metals may lose or abandon its property interests or may fail to receive necessary licences and permits;  (vi) that environmental laws and regulations may become more onerous;  (vii) that Defense Metals may not be able to raise additional funds when necessary; (viii) the possibility that future exploration, development or mining results will not be consistent with Defense Metals expectations; (ix) exploration and development risks, including risks related to accidents, equipment breakdowns, labour disputes or other unanticipated difficulties with or interruptions in exploration and development; * competition; (xi) the potential for delays in exploration or development activities or the completion of geologic reports or studies; (xii) the uncertainty of profitability based upon Defense Metals history of losses; (xiii) risks related to environmental regulation and liability; (xiv) risks associated with failure to maintain community acceptance, agreements and permissions (generally referred to as “social licence”), including local First Nations; (xv) risks relating to obtaining and maintaining all necessary government permits, approvals and authorizations relating to the continued exploration and development of Defense Metals projects; (xvi) risks related to the outcome of legal actions; (xvii) political and regulatory risks associated with mining and exploration; (xix) risks related to current global financial conditions; and (xx) other risks and uncertainties related to Defense Metals prospects, properties and business strategy. These risks, as well as others, could cause actual results and events to vary significantly.

Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, the loss of key directors, employees, advisors or consultants, adverse weather conditions, increase in costs, equipment failures, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, failure to maintain community acceptance (including First Nations), decrease in the price of rare earth elements, litigation, failure of counterparties to perform their contractual obligations and fees charged by service providers. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and Defense Metals 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 expressly required by applicable securities legislation.

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SOURCE Defense Metals Corp.

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Amazon and Global Optimism Welcome Henkel and Signify to The Climate Pledge

Amazon and Global Optimism Welcome Henkel and Signify to The Climate Pledge

Henkel is taking real, science-based, high-impact actions, including deploying renewable energy, investing in sustainable buildings, and mobilizing supply chains to tackle climate change

Signify, which already achieved carbon neutrality earlier this year, is joining The Climate Pledge to collaborate with other signatories and share best practices

The Climate Pledge, a commitment co-founded by Amazon and Global Optimism, calls on signatories to take urgent action to meet the Paris Agreement 10 years early

SEATTLE–(BUSINESS WIRE)–
Today, Amazon (NASDAQ: AMZN) and Global Optimism announced that Henkel has joined The Climate Pledge, a commitment to be net-zero carbon by 2040—a decade ahead of the Paris Agreement’s goal of 2050. Signify, which already achieved carbon neutrality earlier this year, is also joining The Climate Pledge to collaborate with other signatories and share best practices.

Signatories to The Climate Pledge agree to:

  • Measure and report greenhouse gas emissions on a regular basis;
  • Implement decarbonization strategies in line with the Paris Agreement through real business changes and innovations, including efficiency improvements, renewable energy, materials reductions, and other carbon emission elimination strategies;
  • Neutralize any remaining emissions with additional, quantifiable, real, permanent, and socially-beneficial offsets to achieve net-zero annual carbon emissions by 2040.

“By signing The Climate Pledge, companies around the world are taking collective action to protect our planet from the catastrophic impacts of climate change,” said Jeff Bezos, Amazon founder and CEO. “We welcome Henkel as they join us in our commitment to be net-zero carbon by 2040, a decade ahead of the Paris Agreement. We are also excited for Signify, which achieved carbon neutrality earlier this year, to join The Climate Pledge with the goal of collaborating with other signatories and sharing best practices. These companies are demonstrating important leadership as they help us accelerate the transition to a low-carbon economy and protect the planet for future generations.”

Henkel’s commitment to leadership in sustainability has been embedded in its corporate culture for decades. The company has been working closely with Amazon to promote sustainable innovation—for example, to enhance customer experience through new and sustainable packaging. Henkel’s long-term goal is to become climate-positive by 2040. In the near term, the company plans to reduce the carbon footprint of its production by 65% by 2025 and 75% by 2030. By 2030, 100% of the electricity Henkel uses to power its operations will come from renewable sources. And by 2040, Henkel aims to have converted all remaining fossil fuels used in production to climate-neutral alternatives and supply surplus carbon-neutral energy to third parties. In addition, Henkel wants to leverage its brands and technologies to help customers, consumers, and suppliers save 100 million tons of CO2 in a ten-year period from 2016 to 2025.

“Climate change is a global challenge, which requires our collective action. At Henkel, we want to make a positive contribution to protecting the climate. Based on our achievements to date and in line with our ambitions for the coming years, we are pleased to join and support The Climate Pledge,” said Henkel CEO Carsten Knobel. “Together with Amazon, Global Optimism, and the other signatories, we are committed to drive tangible progress and jointly take action to limit global warming.”

Signify, the world leader in lighting, is another new member of The Climate Pledge. At the United Nations Climate Change Conference (COP 21), in Paris, in December 2015, Signify committed to achieve carbon neutral operations in 2020. Last September, it announced that it had reached this milestone and plans to double its positive impact on the environment and society by 2025. Signify will join The Climate Pledge to share its experience, and to help and encourage other signatories to advance their own carbon reduction programs.

“We are pleased to join The Climate Pledge community as it mobilizes companies to meet the goals of the Paris Agreement 10 years early,” said Harry Verhaar, Signify Head of Global Public and Government Affairs. “We are committed to sharing best practices with other companies from our own journey to carbon neutrality in 2020, and to ramp up our positive impact on the environment and society.”

“The Paris Agreement set out a unifying roadmap for all countries, all companies, and all people to address the climate crisis by taking actions to ensure we do not exceed 1.5C in global warming,” said Christiana Figueres, the UN’s former climate change chief, now founding partner of Global Optimism. “By joining The Climate Pledge, these companies are demonstrating both their ambitions for the future and for recovery now. Their actions and investments are creating sorely needed jobs, spurring innovation, regenerating the natural environment, and helping their consumers to buy more sustainable products. The growing collective of companies joining The Climate Pledge, acting in accordance with science, is cause for optimism.”

Last year, Amazon and Global Optimism co-founded The Climate Pledge, a commitment to reach the Paris Agreement 10 years early and be net-zero carbon by 2040. Amazon was the first signatory and thirteen organizations have now signed The Climate Pledge including: Amazon, Best Buy, Henkel, Infosys, McKinstry, Mercedes-Benz, Oak View Group, Real Betis, Reckitt Benckiser, Schneider Electric, Siemens, Signify, and Verizon—sending an important signal that there will be rapid growth in demand for products and services that help reduce carbon emissions.

About Henkel

Henkel operates globally with a well-balanced and diversified portfolio. The company holds leading positions with its three business units in both industrial and consumer businesses thanks to strong brands, innovations and technologies. Henkel Adhesive Technologies is the global leader in the adhesives market – across all industry segments worldwide. In its Laundry & Home Care and Beauty Care businesses, Henkel holds leading positions in many markets and categories around the world. Founded in 1876, Henkel looks back on more than 140 years of success. In 2019, Henkel reported sales of more than 20 billion euros and adjusted operating profit of more than 3.2 billion euros. Henkel employs more than 52,000 people globally – a passionate and highly diverse team, united by a strong company culture, a common purpose to create sustainable value, and shared values. As a recognized leader in sustainability, Henkel holds top positions in many international indices and rankings. Henkel’s preferred shares are listed in the German stock index DAX. For more information, please visit www.henkel.com.

About Signify

Signify (Euronext: LIGHT) is the world leader in lighting for professionals and consumers and lighting for the Internet of Things. Our Philips products, Interact connected lighting systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces. With 2019 sales of EUR 6.2 billion, we have approximately 37,000 employees and are present in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We achieved carbon neutrality in 2020 and have been named Industry Leader in the Dow Jones Sustainability Index for three years in a row. News from Signify is located at the Newsroom, Twitter, LinkedIn and Instagram. Information for investors can be found on the Investor Relations page.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.

Amazon.com, Inc.

Media Hotline

[email protected]

www.amazon.com/pr

KEYWORDS: Europe United States North America Washington

INDUSTRY KEYWORDS: Other Retail Online Retail Technology Specialty Other Policy Issues Retail Alternative Energy Internet Public Policy/Government Environment Energy

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Logitech G Unveils Its Lightest Wireless Esports Gaming Mouse Yet

Logitech G Unveils Its Lightest Wireless Esports Gaming Mouse Yet

Designed with and for esports pros, Logitech G PRO X Superlight Features Pro-Grade LIGHTSPEED Wireless, Ultra-Precise HERO 25K Sensor and a Pure Performance Design Under 63 grams

LAUSANNE, Switzerland & NEWARK, Calif.–(BUSINESS WIRE)–
Logitech G, a brand of Logitech (SIX: LOGN) (NASDAQ: LOGI) and leading innovator of gaming technologies and gear, today unveiled its lightest wireless esports gaming mouse yet, the Logitech G PRO X SUPERLIGHT. Complete with LIGHTSPEED wireless technology, the HERO 25K sensor, and a highly refined mechanical design, the PRO X SUPERLIGHT is quickly becoming the new standard reference for the world’s elite esports professionals.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201118005266/en/

Logitech G Launches the PRO X SUPERLIGHT - the World's Lightest Wireless Esports Gaming Mouse (Photo: Business Wire)

Logitech G Launches the PRO X SUPERLIGHT – the World’s Lightest Wireless Esports Gaming Mouse (Photo: Business Wire)

“Having good aim is a must, especially when playing CS:GO,” said Oleksandr Kostyliev, better known as s1mple, a professional Counter-Strike: Global Offensive player for Natus Vincere (NAVI). “The Logitech G PRO X SUPERLIGHT allows playing at my peak, with zero limitations, zero compromise and most importantly, zero misses!”

The new PRO X SUPERLIGHT joins an impressive lineup of PRO Series gear, which has earned a reputation for unrivaled quality and performance amongst the world’s leading esports professionals. The PRO X SUPERLIGHT was field tested and played a key role in helping ASTRALIS win the Season 12 ESL PRO League Final, and G2 Esports win the 2020 League of Legends European Championship.

“I’m always looking for a way to boost my abilities,” said Benita Novshadian, also known as bENITA, a professional Valorant player for CLG. “The newest PRO X SUPERLIGHT Gaming mouse is light and accurate, allowing me to focus just on the game and the task at hand. There’s absolutely nothing holding me back!”

To meet the demands of competitive gaming, the new PRO X SUPERLIGHT was designed to remove all obstacles to winning by being Logitech G’s lightest, fastest PRO Wireless mouse yet. Meticulously redesigned and engineered to reduce weight while enhancing performance, the new PRO X SUPERLIGHT is less than 63 grams and nearly 25% lighter than the standard PRO Wireless.

In addition, the PRO X SUPERLIGHT features a more responsive 2.4 GHz LIGHTSPEED wireless for untethered play and up to 70 hours of battery life. The new mouse has large, zero-additive PTFE feet, for a low-friction experience that delivers unrivaled precision, speed and maneuverability.

The PRO X SUPERLIGHT comes equipped with Logitech G’s HERO 25K sensor at 25,600 DPI, the industry’s first sub-micron level mouse sensor that can accurately track movement at the sub-micron level — approximately 1/50th the thickness of a human hair — without compromising on accuracy. The sensor does this without the use of smoothing and without spurious motion or parasitic counts.

The HERO 25K sensor utilizes a smart power management system to continuously adjust frame rates based on the movement of the mouse to minimize power consumption. Even at high DPI, HERO is 10X more power efficient than previous Logitech G sensors.

“With the PRO X SUPERLIGHT we pushed the boundaries of what’s possible when you combine advanced technologies like LIGHTSPEED and HERO 25K with innovative super lightweight design,” said Chris Pate, portfolio manager for Logitech G PRO Series. “Tested and validated by Pro athletes around the world, The PRO X SUPERLIGHT is the answer for gamers who are looking for the pinnacle of performance.”

Pricing and Availability

Starting December 3rd, the Logitech G PRO X SUPERLIGHT will be available at Logitechg.com for $149.99 USD in both black and white.

About Logitech G

Logitech G, a brand of Logitech International, is the global leader in PC and console gaming gear. Logitech G provides gamers of all levels with industry-leading keyboards, mice, headsets, mousepads and simulation products such as wheels and flight sticks – made possible through innovative design, advanced technologies and a deep passion for gaming. Founded in 1981, and headquartered in Lausanne, Switzerland, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Find Logitech G at logitechG.com, the company blog or @LogitechG.

Logitech and other Logitech marks are trademarks or registered trademarks of Logitech Europe S.A and/or its affiliates in the U.S. and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s website at logitech.com.

(LOGIIR)

Derek Perez

Global Communications, Logitech Gaming

[email protected] | 408-391-6454

KEYWORDS: California Europe Switzerland United States North America

INDUSTRY KEYWORDS: Technology Electronic Games Entertainment Consumer Electronics

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Logitech G Launches the PRO X SUPERLIGHT – the World’s Lightest Wireless Esports Gaming Mouse (Photo: Business Wire)
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Weidai Regains Compliance after Receipt of NYSE Non-compliance Letter Regarding ADS Trading Price on October 20, 2020

PR Newswire

HANGZHOU, China, Nov. 18, 2020 /PRNewswire/ — Weidai Ltd. (the “Company” or “Weidai”) (NYSE: WEI), a leading auto-backed financing solution provider in China, today announced that it has regained compliance after it received a letter from the New York Stock Exchange (the “NYSE”) dated October 20, 2020, notifying Weidai that it was below compliance standards due to the trading price of Weidai’s American depositary shares (the “ADSs”).

On October 20, 2020, the Company received a NYSE letter notifying that Weidai had fallen below the NYSE’s price criteria for continued listing standard of a minimum ADS price of $1.00 over a consecutive 30 trading-day period. Pursuant to NYSE rule 802.01C, the company must bring its share price and average share price back above $1.00 by six months following receipt of the notification. The company can regain compliance at any time during the six-month cure period if on the last trading day of any calendar month during the cure period the company has a closing share price of at least $1.00 and an average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading day of that month.

On November 2, 2020, the Company received a confirmation from the NYSE that it had regained compliance with continued listing standards after the average closing price for its ADSs for the consecutive 30-trading-day period ended October 30, 2020 exceeded $1.00.

About Weidai Ltd.

Weidai Ltd. is a pioneer and leading auto-backed financing solution provider in China supported by sophisticated and effective risk management system and technology. The Company transforms used automobiles, a type of “non-standard” collateral, into investable assets, to provide accessible credit for China’s small and micro enterprises, and connects the borrowers with institutional funding partners through its platform.

For more information, please visit http://weidai.investorroom.com/.

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “target,” “confident” and similar statements. Weidai may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Weidai’s beliefs and expectations, are forward-looking statements. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited the following: Weidai’s goal and strategies; Weidai’s expansion plans; Weidai’s future business development, financial condition and results of operations; Weidai’s expectations regarding demand for, and market acceptance of, its solutions and services; Weidai’s expectations regarding keeping and strengthening its relationships with borrowers, investors and financial institutions and other platform participants; general economic and business conditions; Weidai’s assumptions underlying or related to any of the foregoing regulations and governmental policies relating to the online consumer finance industry in China; and Weidai’s ability to meet the standards necessary to maintain listing of its ADSs on the NYSE, including its ability to cure any non-compliance with the NYSE’s continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Weidai does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

For investor and media inquiries, please contact:

In China:
Christensen
Mr. Rene Vanguestaine
Tel: +86-10-5900-1548
E-mail: [email protected]   

In US:
Christensen
Ms. Linda Bergkamp
Tel: +1-480-614-3004
E-mail: [email protected]

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SOURCE Weidai Ltd.

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Nouveau Monde Drives Traceability for Critical Battery Materials, in Conjunction With Global Battery Alliance

  • Nouveau Monde has been selected as the pilot project to implement traceability of minerals for the mining and battery materials industries in Québec, Canada
  • This project is affiliated with the Global Battery Alliance and its “Battery Passport”, which members include Audi, BMW, Google, Groupe Renault, Honda Motors, LG Chem, Microsoft, Mitsubishi Corp., Saft, SK Innovation, Umicore, Volkswagen, and Volvo
  • The desire for traceability is a firm trend amongst consumers and will provide Nouveau Monde’s customers with a guarantee of transparency, sustainability, ethical and environmentally friendly sourcing
  • Nouveau Monde believes this first mover advantage is a unique differentiator vis-à-vis its peers
  • Nouveau Monde is developing the only fully integrated source of green battery anode material in the Western World, ensuring best-of-class ESG standards across its entire value chain

MONTREAL, Nov. 18, 2020 (GLOBE NEWSWIRE) — Québec Minister of Energy and Natural Resources Jonatan Julien kicked off yesterday the pilot project on battery materials traceability for which Nouveau Monde Graphite (“Nouveau Monde” or “the Company”) (TSXV: NOU; OTCQX: NMGRF; Frankfurt: NM9) has been selected as the sole and strategic battery material partner. Having an integrated business model, from mining operations to manufacturing of carbon-neutral anode battery materials, the Company is ideally positioned to drive the implementation of the Global Battery Alliance’s (“GBA”) Battery Passeport principles guaranteeing the traceability and sustainability of strategic minerals.

Through this pioneering project led by Propulsion Québec and building on the unique expertise of OPTEL Group and the International Reference Center for Life Cycle of Products, Services and Systems (CIRAIG), traceability will be established by mapping and documenting Nouveau Monde’s graphite supply chain from mining to refining with detailed data on chemistry, environmental, social & governance (“ESG”) factors, greenhouse gas (“GHG”) footprint, logistics, etc. Artificial intelligence and mass data management will make it possible to follow materials through the various stages of processing and custody to guarantee its origin, ESG compliance and distinct properties. Work on battery identity and selection of reporting criteria will be coordinated with GBA to inform global standards on sustainable and transparent battery production.

Founded by the World Economic Forum, GBA is actively working to develop a circular and responsible battery value chain as one of the main drivers for achieving the 2°C objective of the Paris Accord in the transportation and energy sectors. Membership includes key manufacturers, regulators, and NGOs such as Audi, BMW Group, Google, Groupe Renault, Honda Motors, the International Energy Agency, LG Chem, Microsoft, Mitsubishi Corp., Propulsion Québec, Saft, SK Innovation, the United Nations Environment Programme, Umicore, Volkswagen, Volvo Group.

“The mineral traceability project in the battery sector is an initiative that fits perfectly with our vision for the development of strategic and critical minerals (“SCM”) in Québec. Consumers are increasingly concerned about the origin of the products they purchase. A reliable traceability program becomes a pledge of our responsibility in the valorization of SCMs and a strategic advantage to be even more competitive. These are essential ingredients to ensure a sustainable energy and technology transition” said Jonatan Julien, Minister of Energy and Natural Resources and Minister Responsible for the Côte-Nord Region.

Eric Desaulniers, President and Chief Executive Officer at Nouveau Monde, commented: “The production of graphite-based materials with a carbon-neutral footprint is already central to Nouveau Monde’s business strategy to drive sustainability across the EV and energy storage value chain. Now, with our roadmap to traceability and battery identity, we are positioning ourselves as the western leaders thanks to turnkey solutions for manufacturers.”

Nouveau Monde’s Chairman Arne H. Frandsen continued: “Traceability and block-chain accountability are key for the end-consumers as well as the battery producers. We are proud that Nouveau Monde continues to spearhead the effort to be the responsible and sustainable supplier-of-choice to the global battery and renewable energy industries”.

Traceability for increased sustainability
and access to strategic markets

The Battery Passport is set to become the dominant norm attesting to the environmental and social compliance of a battery throughout its value chain. By contributing to the definition of global parameters for materials traceability, Nouveau Monde gets a headstart in tailoring its transformation chain, technologies and reporting mechanisms to meet the expectations of today’s marketplace.

Graphite underpins all lithium-ion batteries that supply both electric vehicles and renewable energy storage systems. “By 2030, batteries could enable 30% of the required reductions in carbon emissions in the transport and power sectors, provide 600 million people with access to electricity, as well as create 10 million safe and sustainable jobs around the world. To realise this potential, the battery value chain will have to expand by 19 times over the next decade” (source: GBA, 2020).

In recent years companies such as Tesla and Volkswagen have adopted responsible sourcing policies and auditing systems, a clear sign that pressure for sustainable production is increasing from shareholders, consumers, governments as well as environmental and social advocacy groups. Correspondingly, the European Commission is set to table new regulations to ensure that batteries manufactured or imported into Europe meet the highest ESG standards.

Nouveau Monde’s traceability program will therefore strengthen its competitive advantage and facilitate commercialization in strategic markets, in some cases with a premium for its advanced materials, and also contribute to strategically positioning Québec and Canada as a prime destination for building a green battery value chain.

This GBA-affiliated project brings together resources and expertise from the Government of Québec, the Government of Canada, Investissement Québec, CIRAIG, OPTEL Group, and Propulsion Québec.

A
bout
Nouveau Monde

Nouveau Monde will be a key operator in the sustainable energy revolution. The Company is developing the only fully integrated source of green battery anode material in the Western World. Targeting full-scale commercial operations by early 2023, the Company will provide advanced carbon-neutral graphite-based material solutions to the growing lithium-ion and fuel cell markets. With low-cost operations and the highest of ESG standards, Nouveau Monde will become a strategic supplier to the world’s leading battery and auto manufacturers, ensuring robust and reliable advanced material, while guaranteeing supply chain traceability.

Media  Investors 
   
Julie Paquet 
Director, Communications 
Nouveau Monde
450-757-8905 #140 
[email protected]  		 Christina Lalli 
Director, Investor Relations 
Nouveau Monde
438-399-8665 
[email protected]  

Subscribe to our news feed:  
http://nouveaumonde.ca/en/support-nmg/ 


Cautionary Note Regarding Forward-Looking Information
 
All statements, other than statements of historical fact, contained in this press release including, but not limited to (i) the positive impact of the foregoing on project economics, and (ii)generally, or the “About Nouveau Monde Graphite” paragraph which essentially describe the Corporation’s outlook and objectives, constitute “forward-looking information” or “forward-looking statements” within the meaning of certain securities laws, and are based on expectations, estimates and projections as of the time of this press release. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Corporation as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect.  
Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management’s expectations and plans relating to the future. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law.


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.


Further information regarding Corporation is available in the SEDAR database (www.sedar.com) and on the Corporation’s website at: 

www.NouveauMonde.ca
 



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Alfa Laval launches marine system for reduction of greenhouse gases

PR Newswire

LUND, Sweden, Nov. 18, 2020 /PRNewswire/ —  Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has launched a new marine environmental system, Alfa Laval PureCool. The system, in combination with WinGD’s iCER technology, can reduce methane slip from ships’ gas engines which, if released in the atmosphere, has a higher global warming potential than CO2. The new PureCool system is the latest addition to Alfa Laval’s extensive marine environmental product portfolio. 

The International Maritime Organization (IMO) has the target of cutting vessel-related greenhouse gas emissions by at least 50 percent by 2050. As the marine industry works towards a future based on non-fossil fuels, Liquid Natural Gas (LNG) is expected to be one of the transition fuels towards decarbonization.

The new Alfa Laval PureCool system, in combination with WinGD’s iCER technology (as mentioned in a press release on June 25, 2020) targets an unaddressed emission source: methane slip, which is the small percentage of unburned methane that escapes through the engine when LNG is used as fuel. Although combusted LNG releases less CO2 than other fossil fuels, the methane has a higher global warming potential than CO2, which makes the unburned fraction a concern. No regulations currently exist for methane slip, but the issue should be addressed if the marine industry is to reach a 50 percent reduction in marine greenhouse gas emissions by 2050.

“As LNG is an important bridge fuel in the transition to a zero-carbon future we need to mitigate the  negative environmental consequences  of this fuel as far  as possible,” says Sameer Kalra, President of the Marine Division. “Our new Alfa Laval PureCool system not only helps in the reduction of methane slip but also enables fuel savings which makes it a good solution for both our customers and the environment.”

Alfa Laval PureCool is the latest addition to the company’s PureThinking concept introduced more than 15 years ago which. It includes, among several products, key systems like Alfa Laval PureBallast and PureSOx, which enable shipowners to comply with marine regulations.

Did you know that… according to DNV GL, the shipping industry’s fuel mix in 2050 is expected to have switched from being almost entirely oil dominated, to a mix of low- and/or zero-carbon fuels (60 percent) and natural gas (30 percent)? 

This is Alfa Laval 

Alfa Laval is active in the areas of Energy, Marine, and Food & Water, offering its expertise, products, and service to a wide range of industries in some 100 countries. The company is committed to optimizing processes, creating responsible growth, and driving progress – always going the extra mile to support customers in achieving their business goals and sustainability targets.

Alfa Laval’s innovative technologies are dedicated to purifying, refining, and reusing materials, promoting more responsible use of natural resources. They contribute to improved energy efficiency and heat recovery, better water treatment, and reduced emissions. Thereby, Alfa Laval is not only accelerating success for its customers, but also for people and the planet. Making the world better, every day. It’s all about Advancing better™.

Alfa Laval has 17,500 employees. Annual sales in 2019 were SEK 46.5 billion (approx. EUR 4.4 billion). The company is listed on Nasdaq OMX.

www.alfalaval.com

For more information please contact:

Johan Lundin

Head of Investor Relations
Alfa Laval
Tel: +46 46 36 65 10
Mobile: +46 730 46 30 90

Eva Schiller

PR Manager
Alfa Laval
Tel: + 46 46 36 71 01
Mobile: +46 709 38 71 01

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/alfa-laval/r/alfa-laval-launches-marine-system-for-reduction-of-greenhouse-gases,c3239112

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SOURCE Alfa Laval

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New book details the fascinating journey of one of Australia’s most significant and forthright conservation trailblazers

‘A Vanishing Kind: A Memoir of Dr John Wamsley in Conversations’ released

ADELAIDE, Australia, Nov. 18, 2020 (GLOBE NEWSWIRE) — John Wamsley and Stephen L Davey announce the release their first joint publication titled “A Vanishing Kind” (published by Balboa Press AU). This memoir, told in conversations, narrates the story of a brilliant mathematics professor who became notorious for wearing a cat-skin hat and who went on to become the father of wildlife conservation in Australia.

 

Wildlife conservation in Australia owes much to the ideas of Wamsley, a controversial mathematics professor whose attention-grabbing actions made him at once famous and widely vilified. He overcame childhood disadvantage and trauma to create first a private sanctuary called Warrawong, then Earth Sanctuaries Limited, the world’s first publicly listed company devoted solely to wildlife conservation. His company fell from a great height, but its influence has been enormous. This book tells the story of that enterprise and the man who founded it.

 

“The world’s environment and democratic systems are under more pressure than ever before,” the author states, on the relevance of the book in today’s society. “While the entire world grapples with climate change, it is important to realise that climate is only part of the battle. This book is a must-read for anyone interested in biodiversity or the failures of democratic systems.”

 

David Higgs MBE, MSc, Director of The Environmental Press Agency says in his review of the book:

“Such a book has been needed for a very long time. It should be on the essential reading list of any student of the environment or conservation. Wamsley’s controversial, radical, pragmatic approach revolutionised conservation in Australia.”

 

The book is available for purchase at https://www.balboapress.com/en-au/bookstore/bookdetails/819115-a-vanishing-kind.

 

“A Vanishing Kind: A Memoir of Dr John Wamsley in Conversations”

By John Wamsley and Stephen L Davey

Softcover | 6 x 9in | 226 pages | ISBN 9781504322928

E-Book | 226 pages | ISBN 9781504322959

Available at Amazon and Barnes & Noble

 

About the Author

John Wamsley has a doctorate in mathematics and is recognized for his work in wildlife conservation, with specific regard to the use of feral-proof fencing. He was only the second person in the world to successfully breed platypus in captivity. He founded the Earth Sanctuaries Foundation, which is known today as FAME (Foundation for Australia’s Most Endangered and was inducted into Birds New Zealand Hall of Fame. In 2003, he was named Australia’s Environmentalist of the Year, and in 2016, was named Australian Geographic Conservation Hero. Wamsley has published two books on the environment and now in his ninth decade, his latest book is about his life. Anything he receives from the sale of this book will be spent saving biodiversity. Visit www.johnwamsley.com for more details about the author and his works.

 

Stephen L Davey is a retired horticulturalist and writer who has worked alongside Wamsley for many years. He has compiled this memoir using taped conversations and archival material.

Balboa Press Australia is a division of Hay House, Inc., a leading provider in publishing products that specialise in self-help and the mind, body and spirit genre. Through an alliance with the worldwide self-publishing leader Author Solutions, LLC, authors benefit from the leadership of Hay House Publishing and the speed-to-market advantages of the Author Solutions self-publishing model. For more information or to start publishing today, visit balboapress.com.au/ or call 1-800-844-925.

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Marketing Services
Balboa Press AU
1-800-844-925
[email protected]

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New book shares one woman’s experiences, insights and perspectives gleaned from navigating a genetically driven breast cancer diagnosis

Debuting author Penny Casselman announces the publication of ‘How To Get A Free Boob Job’

SHAKER HEIGHTS, Ohio, Nov. 18, 2020 (GLOBE NEWSWIRE) — Penny Casselman marks her publishing debut with the release of “How To Get A Free Boob Job” (published by Balboa Press). With sprinkles of humor, this memoir shares her adventure of navigating breast cancer after receiving the diagnosis on her 45th birthday.

 

“Days after receiving my cancer diagnosis, the CaringBridge updates began to flow,” the author recounts. “I wrote them out of necessity, but everyone around me saw it differently — I was becoming an author. While receiving high praise from friends and family for my informative yet lively updates, I also began to understand the impact I was having when interacting with other cancer patients — lifting their spirits and providing hope. I knew writing my story would offer insight for those facing a diagnosis like mine and offer hope and perspective to those looking in from the outside.”

 

Written with openness and conversational tone, “How To Get A Free Boob Job” brings readers along Casselman’s journey and gives them a peek under her shirt of what it is like to navigate the wild unknown of a genetically driven breast cancer diagnosis. Her story aims to remind everyone that change is a constant aspect of life and that learning to embrace it helps them to see life with happiness and excitement.

 

Regardless of one’s affiliation with cancer, readers walk away with nuggets of insight, sparks of inspiration, new perspectives, and heaping scoops of gratitude as they read the book. To purchase a copy, visit https://www.balboapress.com/en/bookstore/bookdetails/790364-how-to-get-a-free-boob-job.

 

“How To Get A Free Boob Job”

By Penny Casselman

Hardcover | 5.5 x 8.5in | 284 pages | ISBN 9781982254735

Softcover | 5.5 x 8.5in | 284 pages | ISBN 9781982254711

E-Book | 284 pages | ISBN 9781982254728

Available at Amazon and Barnes & Noble

 

About the Author

Penny Casselman is a certified professional coach and former corporate ladder climber who spent more than 20 years working for Fortune 500 companies and start-up ventures. Today, she is passionate about her message of empowerment — through one-on-one coaching, an online course and blog posts —because she realizes it should not take a life-changing event to dream, build and live a life you love. Casselman has been featured on NattyGal.com and the Cleveland Plain Dealer. She enjoys discussing topics related to cultivating confidence, navigating a crisis and personal productivity. Casselman lives in a 100-year-old Tudor home in Ohio, where she pursues her passions for DIY projects, vegetarian cooking, and craft cocktails. Connect with her: PennyCasselman.com

Balboa Press, a division of Hay House, Inc. – a leading provider in publishing products that specialize in self-help and the mind, body, and spirit genres. Through an alliance with the worldwide self-publishing leader Author Solutions, LLC, authors benefit from the leadership of Hay House Publishing and the speed-to-market advantages of the self-publishing model. For more information, visit balboapress.com. To start publishing your book with Balboa Press, call 844-682-1282 today.

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Marketing Services
Balboa Press
844-682-1282
[email protected]

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New self-help offers a guide to transform from a life of fear to a life of love

Patti Henry, MEd, LPC, announces the release of ‘Two Lifetimes: From Fear to Love’

HOUSTON, Nov. 18, 2020 (GLOBE NEWSWIRE) — It is possible for each person to live two lifetimes on this planet: the first is full of fear, pain and suffering; the second is full of love, joy and peace. In her latest publication, “Two Lifetimes: From Fear to Love” (published by Balboa Press), Patti Henry, MEd, LPC, shares helpful insights to guide readers in the shift from the first lifetime into the second.

 

“Today’s society is hurting. We are busy, disconnected, lonely, and starving to belong at a deeper level than a text message,” the author observes. This brilliant book touches that depth, that longing to be loved, and shows the reader how to heal and be more fully alive.

 

“Two Lifetimes: From Fear to Love” is all about moving out of being run by the wounded emotional child self to being run by the authentic empowered adult self. It is about learning to conquer one’s fears — whatever they may be — and finding the pathway to a better life where love, joy and peace reside.

 

The book is available for purchase at https://www.balboapress.com/en/bookstore/bookdetails/813960-two-lifetimes.

 

“Two Lifetimes: From Fear to Love”

By Patti Henry, MEd, LPC

Hardcover | 5.5 x 8.5in | 298 pages | ISBN 9781982257149

Softcover | 5.5 x 8.5in | 298 pages | ISBN 9781982257132

E-Book | 298 pages | ISBN 9781982257156

Available at Amazon and Barnes & Noble

 

About the Author

Patti Henry, MEd, LPC, is a psychotherapist who has been in private practice for over 32 years. She began her practice working in women’s programs hoping to empower women. When she did couples’ sessions with them, however, she noticed how desperately men needed healing, too. Henry believes the world cannot heal without healing men. She has spent her lifetime working toward that end.

Balboa Press, a division of Hay House, Inc. – a leading provider in publishing products that specialize in self-help and the mind, body, and spirit genres. Through an alliance with the worldwide self-publishing leader Author Solutions, LLC, authors benefit from the leadership of Hay House Publishing and the speed-to-market advantages of the self-publishing model. For more information, visit balboapress.com. To start publishing your book with Balboa Press, call 844-682-1282 today.

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Marketing Services
Balboa Press
844-682-1282
[email protected]

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Shin-Etsu Chemical Has Developed a Molding Silicone Rubber That Realizes Lighter Weight for Rubber-Molded Products

Shin-Etsu Chemical Has Developed a Molding Silicone Rubber That Realizes Lighter Weight for Rubber-Molded Products

TOKYO–(BUSINESS WIRE)–
Shin-Etsu Chemical Co., Ltd. (Head Office: Tokyo, President, Yasuhiko Saito) has now developed a new low-density type of molding silicone rubber that realizes lighter-weight rubber molded products. Shin-Etsu is the first company in the industry to have developed this type of molding silicone rubber using LIMS (Liquid Injection Molding System) materials.

Demand for lighter-weight rubber molded products is growing in many industrial fields such as automobiles and transportation vehicles like airplanes, as well as in other diverse fields such as wearable devices, and with the development of lighter weight products, further expansion of silicone rubber applications are expected.

So far, in order to make lighter-weight silicone rubber, a foaming agent was added to millable-type silicone rubber and molded into a sponge-like form. However, our new product does not require the adding of a foaming agent. Furthermore, because it can be molded using our advanced LIMS, it can meet the demand from molding-makers for superior quality and improvements in productivity.

This new product is available in two types: a low-density/high strength type *1 and a very low-density type *2. Both can make continuous automatic molding possible through the use of an injection molding machine, and therefore can efficiently produce high-quality rubber molded products, resulting in realizing not only improvements in productivity but also energy saving as well.

Shin-Etsu Chemical has a silicone rubber molding technical center. This Shin-Etsu Molding Technical Laboratory, which is located in Higashimatsuyama City, Saitama Prefecture, Japan, is carrying out demonstrations of molding using our new products, and at the same time, we are working on molding technology improvements as well as enhancing technical services to our customers.

Silicone rubber combines many superior characteristics such as excellent heat resistance, cold resistance, weatherability and stable electrical insulation properties, all of which are not found in ordinary organic rubber. For this reason, it is used in a wide range of applications such as in automobiles, electric-electronics equipment, OA equipment, home appliances and products for daily use.

Taking advantage of Shin-Etsu Chemical’s superior product quality and technological strengths as well as our system for detailed response to our customers’ requests, going forward Shin-Etsu will continue to strive to meet the needs of the diversifying market.

*1 Low-density/high strength type: Compared to conventional silicone rubber molding products, this new type of product realizes about a 20-30% reduction in weight.

*2 Very low-density type: Compared to conventional silicone rubber molding products, this new type of product realizes about a 50-60% reduction in weight.

For inquires about this matter, please contact:

Shin-Etsu Chemical Co., Ltd.

Public Relations Dept.

Tetsuya Koishikawa

Tel: 03-3246-5091, or from outside Japan: 81-3-3246-5091

Fax: 03-3246-5096, or from outside Japan: 81-3-3246-5096

e-mail: [email protected]

www.shinetsu.co.jp

KEYWORDS: Europe Japan Asia Pacific

INDUSTRY KEYWORDS: Chemicals/Plastics Technology Other Technology Manufacturing Other Science Science

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