News Feed Item
Sirocco and Canada Lithium announce new proposed name for Canada Lithium
|By PR Newswire
|January 21, 2014 07:05 AM EST
TORONTO, Jan. 21, 2014 /CNW Telbec/ - Sirocco Mining Inc. ("Sirocco") (TSX: SIM) and Canada Lithium Corp. ("Canada Lithium") (TSX: CLQ) (U.S. OTC: CLQMF) jointly announce that the new proposed name for Canada Lithium upon
completion of the arrangement transaction between Sirocco and Canada
Lithium (the "Arrangement") will be "RB Energy Inc." (including the French form of such name,
"Énergie RB Inc.").
As set out in the notice of meeting and management information circular
dated December 24, 2013 of Canada Lithium (the "Circular"), at the special meeting of shareholders of Canada Lithium to be held
on January 28, 2014 (the "CLQ Meeting"), such shareholders will be asked to consider and if thought fit
approve, with or without variation, a special resolution authorizing
and approving a name change of Canada Lithium in connection with the
completion of the Arrangement. The Circular indicates that the proposed
name is "Li-On Minerals Inc." Canada Lithium has however determined
that it is in the best interests of Canada Lithium that the proposed
name to be presented to its shareholders at the CLQ Meeting instead be
"RB Energy Inc." (including a French form of such name, "Énergie RB
Inc."). Canada Lithium will not be mailing new forms of proxy or voting
instruction forms and shareholders are advised that a vote for the
special resolution authorizing and approving a name change to "Li-On
Minerals Inc." will be a vote for a name change to "RB Energy Inc."
(including "Énergie RB Inc.").
Further information regarding the Arrangement, including the matters to
be considered at the special meetings of shareholders of Sirocco and
Canada Lithium to be held in connection with the Arrangement, is
contained in the management information circulars dated December 24,
2013 that Sirocco and Canada Lithium have sent to their respective
shareholders in connection with their respective special meetings. Such
management information circulars are also available on SEDAR at www.sedar.com. Sirocco and Canada Lithium shareholders are respectively urged to
carefully read the Sirocco and Canada Lithium management information
circulars as they contain additional important information concerning
The information agent for the Arrangement is Kingsdale Shareholder
Services Inc. ("Kingsdale"). Questions and requests for assistance, including requests for
additional information, may be directed to Kingsdale at 1-866-581-0510
or by email at: [email protected].
Sirocco is a Canadian company which produces iodine from its Aguas
Blancas mine in northern Chile. In addition, Sirocco has exploration
interests in West Africa and is actively assessing other opportunities
in the resource sector. For more information regarding Sirocco, please
refer to Sirocco's public filings available at www.sedar.com and
www.siroccomining.com including, in particular, Sirocco's Management's
Discussion and Analysis for the year ended December 31, 2012, its
Annual Information Form for the year ended December 31, 2012 and its
Management's Discussion and Analysis for the three-month and nine-month
periods ended September 30, 2013.
About Canada Lithium
Canada Lithium holds a 100% interest in the Québec Lithium Project near
Val d'Or, the geographical heart of the Québec mining industry. It has
completed construction and is in the commissioning phase of an open-pit
mine and on-site processing plant with estimated capacity to produce
approximately 20,000 tonnes of battery-grade lithium carbonate
annually. For more information regarding Canada Lithium, please refer
to Canada Lithium's public filings available at www.sedar.com and
www.canadalithium.com including, in particular, Canada Lithium's
Management's Discussion and Analysis for the year ended December 31,
2012, its Annual Information Form for the year ended December 31, 2012
and its Management's Discussion and Analysis for the three-month and
nine-month periods ended September 30, 2013.
Certain information contained in this news release, including any
information relating to the proposed Arrangement and each issuer's
future financial or operating performance may be deemed
"forward-looking". These statements relate to future events or future
performance and reflect each issuer's expectations regarding the
Arrangement, and the future growth, results of operations, business
prospects and opportunities of Sirocco, Canada Lithium and the combined
company. These forward-looking statements also reflect each issuer's
current internal projections, expectations or beliefs and are based on
information currently available to Sirocco or Canada Lithium,
respectively. In some cases forward-looking information can be
identified by terminology such as "may", "will", "should", "expect",
"intend", "plan", "anticipate", "believe", "estimate", "projects",
"potential", "scheduled", "forecast", "budget" or the negative of those
terms or other comparable terminology. Assumptions upon which such
forward looking information regarding completion of the Arrangement and
the related name change of Canada Lithium (the "Name Change") are based include that Sirocco and Canada Lithium will be able to
satisfy the conditions to the Arrangement and the Name Change, that the
required approvals will be obtained from the shareholders of each
issuer, as applicable, that all third party regulatory and governmental
approvals to the Arrangement and the Name Change will be obtained and
all other conditions to completion of the Arrangement and the Name
Change will be satisfied or waived. Although Sirocco and Canada Lithium
believe that the forward-looking information contained in this news
release is based on reasonable assumptions, readers cannot be assured
that actual results will be consistent with such statements.
Accordingly, readers are cautioned against placing undue reliance on
forward-looking information. Sirocco and Canada Lithium expressly
disclaim any intention or obligation to update or revise any
forward-looking information, whether as a result of new information,
events or otherwise, except in accordance with applicable securities
SOURCE Canada Lithium Corp.
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor – all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
Jul. 30, 2016 12:30 AM EDT Reads: 2,327
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics.
In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, discussed using predictive analytics to mon...
Jul. 30, 2016 12:30 AM EDT Reads: 2,128
The IoT is changing the way enterprises conduct business.
In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
Jul. 29, 2016 10:15 PM EDT Reads: 2,067
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
Jul. 29, 2016 10:00 PM EDT Reads: 1,285
"When you think about the data center today, there's constant evolution, The evolution of the data center and the needs of the consumer of technology change, and they change constantly," stated Matt Kalmenson, VP of Sales, Service and Cloud Providers at Veeam Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 29, 2016 09:45 PM EDT Reads: 1,496
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
Jul. 29, 2016 08:00 PM EDT Reads: 2,747
We all know the latest numbers: Gartner, Inc. forecasts that 6.4 billion connected things will be in use worldwide in 2016, up 30 percent from last year, and will reach 20.8 billion by 2020. We're rapidly approaching a data production of 40 zettabytes a day – more than we can every physically store, and exabytes and yottabytes are just around the corner.
For many that’s a good sign, as data has been proven to equal money – IF it’s ingested, integrated, and analyzed fast enough. Without real-ti...
Jul. 29, 2016 07:45 PM EDT Reads: 1,180
Actian Corporation has announced the latest version of the Actian Vector in Hadoop (VectorH) database, generally available at the end of July. VectorH is based on the same query engine that powers Actian Vector, which recently doubled the TPC-H benchmark record for non-clustered systems at the 3000GB scale factor (see tpc.org/3323).
The ability to easily ingest information from different data sources and rapidly develop queries to make better business decisions is becoming increasingly importan...
Jul. 29, 2016 06:15 PM EDT Reads: 958
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Jul. 29, 2016 06:00 PM EDT Reads: 932
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems.
In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it ...
Jul. 29, 2016 05:15 PM EDT Reads: 393
Cloud analytics is dramatically altering business intelligence. Some businesses will capitalize on these promising new technologies and gain key insights that’ll help them gain competitive advantage. And others won’t.
Whether you’re a business leader, an IT manager, or an analyst, we want to help you and the people you need to influence with a free copy of “Cloud Analytics for Dummies,” the essential guide to this explosive new space for business intelligence.
Jul. 29, 2016 05:15 PM EDT Reads: 988
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data.
In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Jul. 29, 2016 04:45 PM EDT Reads: 1,251
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector.
In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
Jul. 29, 2016 04:15 PM EDT Reads: 1,086
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage.
Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
Jul. 29, 2016 04:15 PM EDT Reads: 473
ReadyTalk has expanded the capabilities of the FoxDen collaboration platform announced late last year to include FoxDen Connect, an in-room video collaboration experience that launches with a single touch.
With FoxDen Connect, users can now not only engage in HD video conferencing between iOS and Android mobile devices or Chrome browsers, but also set up in-person meeting rooms for video interactions. A host’s mobile device automatically recognizes the presence of a meeting room via beacon tech...
Jul. 29, 2016 04:15 PM EDT Reads: 430