Image via Wikipedia1. Ballard Selected by U.S. FTA to Power Four Buses under the National Fuel Cell Bus Program2. Ballard to work with 4 system integrators on reduced-cost bus configurations
Thursday, December 30, 2010
Ballard Power selected for U.S. hydrogen bus program.
Image via Wikipedia1. Ballard Selected by U.S. FTA to Power Four Buses under the National Fuel Cell Bus Program2. Ballard to work with 4 system integrators on reduced-cost bus configurations
Tuesday, December 28, 2010
Carbon Sciences breakthrough "gas to liquids" technology - Turning CO2 into gasoline!
License for Dry Reforming of Methane Technology Eliminates Major Development Hurdle for Company
Tuesday, December 21, 2010
United States invests in Electric Vehicle future!
Image via WikipediaUnited States Department of Energy Boosts 2011 Electric Vehicle Manufacturing and Infrastructure Market With $184 Million Grant
TD Bank Financial Group to acquire Chrysler Financial - Canadian Banks flex muscle!
TD Bank Financial Group
News Releases
- TD to gain North American organic growth platform
- Transaction gives TD access to top talent, systems and technology
- Transaction allows TD to expand in large market with significant potential upside
Monday, December 20, 2010
Canadian Banks, "Strongest Banks in the World" Expand Global Presence
Image via WikipediaSOURCE: The Bedford Report
Dec 20, 2010 08:46 ET
NEW YORK, NY--(Marketwire - December 20, 2010) - Considered the "strongest banks in the world" in a report from the Bank for International Settlements, Canadian banks have been going on a spending spree this year.Friday, December 17, 2010
Bulk Coal carrier wins Lloyds award.
SOURCE: Safe Bulkers, Inc.
Dec 17, 2010 09:00 ET
Safe Bulkers, Inc. Awarded "The Best Dry Cargo Company for the Year 2010" at the 7th Annual Lloyds List Greek Shipping Awards
Based on nominations from the wider shipping community that are assessed by a distinguished panel of industry judges, the Lloyds List Greek Shipping Awards highlight some of the year's top performers and finest moments in the industry. Since 2004, the Annual Lloyd's List Greek Shipping Awards have been recognizing the best in the dynamic Greek shipping industry.
In his introductory speech, Nigel Lowry, the Lloyds List Greek Correspondent, remarked that judges noticed not only the successful financial performance of the Company in the New York Stock Exchange, but also its consistent concentration on new quality vessels especially in the Panamax segment, the Company's competitive strength and its ability to take advantage of growth opportunities.
Polys Hajioannou, Chief Executive Officer of the Company, commented, "We are very proud to have received this award recognizing our performance and our consistent efforts to grow the Company through selective high quality newbuild acquisitions and to enhance shareholder value for the long term."
About Safe Bulkers, Inc.
The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world's largest users of marine drybulk transportation services. The Company's common stock is listed on the NYSE, where it trades under the symbol "SB." The Company's current fleet consists of 16 drybulk vessels, all built post-2003, and the Company has contracted to acquire eight additional drybulk newbuild vessels to be delivered at various times through 2013.
Forward-Looking Statement
This press release contains forward-looking statements (as defined in Section 27A of the Securities Exchange Act of 1933, as amended, and in the Section 21E of the Securities Act of 1934, as amended) concerning future events, the Company's growth strategy and measures to implement such strategy, including expected vessel acquisitions and entering into further time charters. Words such as "expects," "intends," "plans," "believes," "anticipates," "hopes," "estimates" and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the demand for drybulk vessels, competitive factors in the market in which the Company operates, risks associated with operations outside the United States and other factors listed from time to time in the Company's filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
For further information please contact:
Company Contact:
Dr. Loukas Barmparis
President
Safe Bulkers, Inc.
30-32 Karamanli Avenue
Voula 16673
Athens, Greece
Tel.: +30 (210) 899-4980
Fax: +30 (210) 895-4159
E-Mail: directors@safebulkers.com
Investor Relations / Media Contact:
Ramnique Grewal
Vice President
Capital Link, Inc.
230 Park Avenue, Suite 1536
New York, N.Y. 10169
Tel.: (212) 661-7566
Fax: (212) 661-7526
E-Mail: safebulkers@capitallink.com
Company Contact:
Dr. Loukas Barmparis
President
Safe Bulkers, Inc.
30-32 Karamanli Avenue
Voula 16673
Athens, Greece
Tel.: +30 (210) 899-4980
Fax: +30 (210) 895-4159
E-Mail: directors@safebulkers.com
Investor Relations / Media Contact:
Ramnique Grewal
Vice President
Capital Link, Inc.
230 Park Avenue, Suite 1536
New York, N.Y. 10169
Tel.: (212) 661-7566
Fax: (212) 661-7526
E-Mail: safebulkers@capitallink.com
Thursday, December 16, 2010
European Union downplays divisions leading up to meeting. Spanish credit downgrade hinted.
Reuters
7:49 AM, E.T. | December 16, 2010
7:49 AM, E.T. | December 16, 2010
German Chancellor Angela Merkel said she had settled a dispute with Jean-Claude Juncker, the chairman of the Eurogroup of countries, over the idea of issuing euro area bonds, but differences still looked likely to arise at the summit.
"Jean-Claude Juncker and I had a long telephone conversation and cleared up the issue a while ago," Merkel said in an interview with Germany's Bild newspaper published on Thursday. "With so much at stake, the emotions sometimes get involved."
Juncker, who is a strong advocate of issuing so-called E-bonds, which Merkel says are unnecessary and would dent Germany's credit standing, also said the disagreement was resolved, but has hinted he could raise the proposal anyway.
He said he regretted "dissonances in public" which had given financial markets more cause for concern, and said he was focused on trying to achieve unity ahead of the two-day summit, as well as getting Spain and Portugal to improve their finances.
"They would do well... to present in detail structural reforms to be introduced beyond the plans of consolidation already announced," he told Corriere della Sera.
DOWNGRADE THREAT
Ratings agency Moody's warned Spain on Wednesday that its debt could be downgraded, saying it was worried about its high debt funding needs, indebted banks and regional finances, although it did not expect Madrid to have to follow Greece and Ireland in seeking an EU bailout.
Spain's Treasury paid just slightly less than expected for long-term bonds on Thursday in a key test of investors' appetite for euro zone peripheral debt and a day after Moody's said it may cut the country's rating.
Portugal on Wednesday announced extra measures to cut red tape and bolster structurally slow growth, in a move to convince EU officials and financial markets it is doing enough to stave off the pressure to seek EU financial aid.
EU leaders will gather at 1500 GMT on Thursday for the end-of-year summit, having spent most of 2010 desperately trying to stem a contagion that has consumed Greece and Ireland and now threatens Portugal, Spain and others.
Apart from agreeing to make a small change to the EU's treaty to set up a permanent system for handling financial crises after 2013, they are not expected to take other concrete decisions, inaction that could be interpreted as weakness and exploited by financial markets unconvinced by the euro zone.
Throughout 2010, EU leaders have struggled to show unity and clear communication in handling the crisis, either putting forward half-formed or contradictory proposals, or not agreeing quickly enough on the right course of action.
Repeated statements of unity at half-a-dozen summits have sometimes not been backed up by action, leaving markets skeptical and piling more pressure on the euro and debt yields.
TREATY CHANGES, ECB CAPITAL
As well as approving the change to the EU treaty, demanded by Germany and backed by France over the opposition of several other member states, EU leaders are expected to discuss how they can improve the current temporary financial safety net -- a 750 billion euro ($1 trillion US) joint EU/IMF loan facility.
One possibility is to increase the size of the fund, while another would involve making it more flexible in terms of the loans it can make, including the possibility of credit lines.
Belgian Finance Minister Didier Reynders said the EU's portion, 440 billion euros, could potentially be doubled to fend off the threat of renewed market pressure on Portugal and Spain, and Spain has also backed the idea of a larger fund.While that may be discussed, EU sources indicate that they do not expect a concrete decision on enlarging the fund. The European Central Bank holds the second day of a regular, non-rate setting meeting on Thursday, when it is expected to agree to ask euro zone member states for more capital, a move to lower its risk profile as it helps tackle the crisis.
That issue may also be discussed among EU leaders on Thursday, when they will be joined by ECB President Jean-Claude Trichet. The ECB has come under pressure to step up its bond-buying program to help those countries struggling to fund themselves in volatile and punitive market conditions.
As well as fears about the debt situation in Portugal and Spain, which has approximately 275 billion euros of sovereign and bank debt expiring in 2011, there are increasing worries about other euro zone member states, including Belgium.
Underlining concerns about the euro zone economy and the strength of its recovery, the dominant services sector expanded at a much slower pace than expected in December, although the manufacturing sector is growing faster than forecast, figures released on Thursday showed. Switzerland, one of the euro zone's largest trading partners, kept interest rates on hold on Thursday, partly a reflection of the euro-area's difficulties, which have offset strong Swiss economic growth this year.
Wednesday, December 15, 2010
Western Lithium to Purchase Royalties and Mineral Property Titles From Western Uranium
| Western Lithium USA Corporation TSX VENTURE: WLC PINK SHEETS: WLCDF  | Western Uranium Corporation TSX VENTURE: WUC PINK SHEETS: WURNF  |
Dec 15, 2010 09:20 ET
RENO, NEVADA--(Marketwire - Dec. 15, 2010) - Western Lithium USA Corporation ("Western Lithium" or "WLC") (TSX VENTURE:WLC)(PINKSHEETS:WLCDF) and Western Uranium Corporation ("Western Uranium" or "WUC") (TSX VENTURE:WUC)(PINKSHEETS:WURNF) have reached an agreement in principle for the purchase, by WLC, of Western Energy Development Corporation ("WEDC"), a wholly-owned subsidiary of WUC that holds royalties and titles for substantially all of the Kings Valley mineral property holdings in Nevada. The parties have agreed that WLC will pay to WUC Cdn$6.85 million in WLC shares as consideration for the transfer of WEDC.
The transaction is designed to transfer all of the lithium properties out of WUC's portfolio, and represents the culmination of a spin-out process that started when WLC was initially formed as a subsidiary of WUC. WUC will now be able to focus more fully on growth through acquisitions and mergers, investments, and exploration globally and with more of a diversified commodities approach.
As a result of this transaction, the existing lease and royalty arrangements between the two companies on the King's Valley property, including a Net Smelter Return of 1.5% and Net Profits Royalty of 3.5% on any lithium project that WLC developed, are eliminated. WLC gains full control of the Kings Valley property claims, excluding the Albisu gold exploration target noted below and a proposed royalty to be granted to Cameco Global Exploration II Ltd. ("Cameco") solely in respect of uranium as described below, thereby improving the corporate structure for WLC to develop its Stage I lithium deposit. The agreement also eliminates the need for continuing future lease payments by WLC of US$4 million.
Details of the Transaction
Western Lithium is developing the Kings Valley, Nevada lithium deposit into potentially one of the world's largest(1) strategic, scalable and reliable sources of high quality lithium carbonate. The Company is positioning itself as a major U.S.-based supplier to support the rising global demand for lithium carbonate that is expected from the increased use of hybrid/electric vehicles.
Western Uranium Corporation is a mineral exploration company with properties in Argentina, Nevada, and New Mexico and an earn-in agreement with Renaissance Gold Inc. (formerly AuEx Ventures, Inc.) for the Baza gold-copper project in Spain. The Company has its head office in Vancouver, Canada; its executive management team is based in Reno, Nevada.
(1) Western Lithium has completed National Instrument 43-101 resource estimates on two portions of the property, one of which is envisioned for the initial stage of mine development. These resources cover part of the mineralization from a historical estimate of 11 million tonnes of lithium carbonate equivalent (LCE) prepared by Chevron Resources Corp. in the 1980s that encompasses all of the King's Valley lithium lens deposits identified to date, and ranks in size behind deposits in Bolivia (47 million tonnes LCE), Chile (37 million tonnes LCE), North Carolina (14 million tonnes LCE) and the DRC (12 million tonnes LCE). Source: R. Keith Evans, 2010; Roskill Information Services Ltd., 2009; and company disclosures. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources under National Instrument 43-101, the Company is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon.
Forward Looking Statements
Certain of the statements made and information contained herein is "forward-looking information" within the meaning of the Ontario Securities Act, including the completion of definitive agreements governing the transaction noted above and settling of all other outstanding conditions for completion of the transaction. Forward-looking information is subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking information, including obtaining regulatory approval, the relevant parties settling all terms and conditions for applicable definitive agreements and other risks and uncertainties, including those described in each management discussion and analysis. Forward-looking information is in addition based on various assumptions including, without limitation, the expectations and beliefs of management. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the forward-looking information. Accordingly, readers are advised not to place undue reliance on forward-looking information. The companies do not have a policy of updating forward looking information, except to the extent required by applicable securities laws.
The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release. 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 press release.The transaction is designed to transfer all of the lithium properties out of WUC's portfolio, and represents the culmination of a spin-out process that started when WLC was initially formed as a subsidiary of WUC. WUC will now be able to focus more fully on growth through acquisitions and mergers, investments, and exploration globally and with more of a diversified commodities approach.
As a result of this transaction, the existing lease and royalty arrangements between the two companies on the King's Valley property, including a Net Smelter Return of 1.5% and Net Profits Royalty of 3.5% on any lithium project that WLC developed, are eliminated. WLC gains full control of the Kings Valley property claims, excluding the Albisu gold exploration target noted below and a proposed royalty to be granted to Cameco Global Exploration II Ltd. ("Cameco") solely in respect of uranium as described below, thereby improving the corporate structure for WLC to develop its Stage I lithium deposit. The agreement also eliminates the need for continuing future lease payments by WLC of US$4 million.
Details of the Transaction
- WLC will purchase 100% of the issued and outstanding shares of WEDC, thereby acquiring all of WUC's direct and indirect interest in the Kings Valley mineral property, including mineral titles, leases, data and royalties. The Albisu gold property, located at the northern end of the Kings Valley property, and the Treeline Uranium exploration project, located in New Mexico, both of which are currently held by WEDC, will be transferred out of WEDC before completion of the transaction.
- The purchase price will be Cdn$6.85 million, to be paid through the issue by WLC of 5,855,000 WLC common shares at a deemed price of Cdn$1.17.
- WUC's Strategic Alliance with Cameco, related to the exploration and development of uranium properties, will be concluded as a related part of the transaction with WLC, for consideration of Cdn$2.5 million to be paid by WUC to Cameco and the grant to Cameco of a 20% gross overriding royalty over the Kings Valley mineral property solely in respect of uranium.
- As part of the transaction, WUC has agreed to dispose, in due course, of its common shares in the capital of WLC following completion of the transaction in one or more block trades or off-market transactions until it is no longer an insider (ie. holds less than 10% of outstanding shares), and until it completes such disposition to refrain from voting against management nominees to the WLC board of directors and to vote in favour of any arm's length third party change of control transaction proposed by WLC's management.
Western Lithium is developing the Kings Valley, Nevada lithium deposit into potentially one of the world's largest(1) strategic, scalable and reliable sources of high quality lithium carbonate. The Company is positioning itself as a major U.S.-based supplier to support the rising global demand for lithium carbonate that is expected from the increased use of hybrid/electric vehicles.
Western Uranium Corporation is a mineral exploration company with properties in Argentina, Nevada, and New Mexico and an earn-in agreement with Renaissance Gold Inc. (formerly AuEx Ventures, Inc.) for the Baza gold-copper project in Spain. The Company has its head office in Vancouver, Canada; its executive management team is based in Reno, Nevada.
(1) Western Lithium has completed National Instrument 43-101 resource estimates on two portions of the property, one of which is envisioned for the initial stage of mine development. These resources cover part of the mineralization from a historical estimate of 11 million tonnes of lithium carbonate equivalent (LCE) prepared by Chevron Resources Corp. in the 1980s that encompasses all of the King's Valley lithium lens deposits identified to date, and ranks in size behind deposits in Bolivia (47 million tonnes LCE), Chile (37 million tonnes LCE), North Carolina (14 million tonnes LCE) and the DRC (12 million tonnes LCE). Source: R. Keith Evans, 2010; Roskill Information Services Ltd., 2009; and company disclosures. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources under National Instrument 43-101, the Company is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon.
Forward Looking Statements
Certain of the statements made and information contained herein is "forward-looking information" within the meaning of the Ontario Securities Act, including the completion of definitive agreements governing the transaction noted above and settling of all other outstanding conditions for completion of the transaction. Forward-looking information is subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking information, including obtaining regulatory approval, the relevant parties settling all terms and conditions for applicable definitive agreements and other risks and uncertainties, including those described in each management discussion and analysis. Forward-looking information is in addition based on various assumptions including, without limitation, the expectations and beliefs of management. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the forward-looking information. Accordingly, readers are advised not to place undue reliance on forward-looking information. The companies do not have a policy of updating forward looking information, except to the extent required by applicable securities laws.
For more information, please contact
Western Lithium USA Corporation
Cindy Burnett
Vice President, Investor Relations
+1-604-331-9842
info@westernlithium.com
www.westernlithium.com
or
Western Uranium Corporation
Pamela Klessig
Chief Executive Officer
+1-775-827-3311
info@westernuranium.com
www.westernuraniumcorp.com
Tuesday, December 14, 2010
United States Federal Reserve confirms sluggish recovery!
Image via WikipediaDecember 14, 2010Federal Reserve Open Market Committee News Release:
Information received since the Federal Open Market Committee met in November confirms that the economic recovery is continuing, though at a rate that has been insufficient to bring down unemployment. Household spending is increasing at a moderate pace, but remains constrained by high unemployment, modest income growth, lower housing wealth, and tight credit. Business spending on equipment and software is rising, though less rapidly than earlier in the year, while investment in nonresidential structures continues to be weak. Employers remain reluctant to add to payrolls. The housing sector continues to be depressed. Longer-term inflation expectations have remained stable, but measures of underlying inflation have continued to trend downward.
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. Currently, the unemployment rate is elevated, and measures of underlying inflation are somewhat low, relative to levels that the Committee judges to be consistent, over the longer run, with its dual mandate. Although the Committee anticipates a gradual return to higher levels of resource utilization in a context of price stability, progress toward its objectives has been disappointingly slow.
To promote a stronger pace of economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate, the Committee decided today to continue expanding its holdings of securities as announced in November. The Committee will maintain its existing policy of reinvesting principal payments from its securities holdings. In addition, the Committee intends to purchase $600 billion of longer-term Treasury securities by the end of the second quarter of 2011, a pace of about $75 billion per month. The Committee will regularly review the pace of its securities purchases and the overall size of the asset-purchase program in light of incoming information and will adjust the program as needed to best foster maximum employment and price stability.
The Committee will maintain the target range for the federal funds rate at 0 to 1/4 percent and continues to anticipate that economic conditions, including low rates of resource utilization, subdued inflation trends, and stable inflation expectations, are likely to warrant exceptionally low levels for the federal funds rate for an extended period.
The Committee will continue to monitor the economic outlook and financial developments and will employ its policy tools as necessary to support the economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate.
Voting for the FOMC monetary policy action were: Ben S. Bernanke, Chairman; William C. Dudley, Vice Chairman; James Bullard; Elizabeth A. Duke; Sandra Pianalto; Sarah Bloom Raskin; Eric S. Rosengren; Daniel K. Tarullo; Kevin M. Warsh; and Janet L. Yellen.
Voting against the policy was Thomas M. Hoenig. In light of the improving economy, Mr. Hoenig was concerned that a continued high level of monetary accommodation would increase the risks of future economic and financial imbalances and, over time, would cause an increase in long-term inflation expectations that could destabilize the economy.
Monday, December 13, 2010
BlackBerry App World Now Accepting Apps for BlackBerry PlayBook
Image by DavePeckens via FlickrDevelopers can now submit apps and become eligible for a free BlackBerry PlayBook
WATERLOO, ONTARIO--(Marketwire - Dec. 7, 2010) - Research In Motion (RIM) (NASDAQ:RIMM)(TSX:RIM) today opened the BlackBerry App World™ vendor portal to begin accepting BlackBerry® PlayBook™ apps from developers. In addition, RIM outlined how developers can become eligible to get a free BlackBerry PlayBook if their app is submitted and approved for distribution on BlackBerry App World prior to the launch of BlackBerry PlayBook in North America*.
"Interest and momentum behind the BlackBerry PlayBook continues to build and we are thrilled with the positive response from both the developer community and our customers. With its groundbreaking performance and robust support for industry standard development tools, the BlackBerry PlayBook provides an exceptional platform that appeals to a wide range of mobile app developers, including Adobe® AIR® and Flash® developers, HTML web developers, corporate developers and application hobbyists," said Tyler Lessard, VP Global Alliances & Developer Relations at Research In Motion. "We are very pleased to be working with developers in advance of the product launch and the opening of BlackBerry App World to accept BlackBerry PlayBook apps is an important next step."
BlackBerry PlayBook App Development
RIM also recently released an update to the Beta version of the BlackBerry Tablet OS SDK for Adobe AIR. The update now supports Flash Builder 4.5 (Burrito/Flex Mobile) with plug-ins that work with either Flash Builder 4.0 or the pre-release version of Flash Builder Burrito. Support for Flash Builder Burrito adds drag and drop capabilities, making it even easier and faster for developers to build applications for the BlackBerry PlayBook. The latest Beta of the SDK also supports Windows in 64-bit and includes a simulator for Linux.
What Developers Are Saying
"Developing for the PlayBook has been a pleasurable experience. The APIs are straightforward and optimized for the device and the environment is cross-platform," said Jerome Carty, President, JCX Systems, Inc. "The thing that impresses me the most is the potential for the hardware. The gestures for the PlayBook make the device feel as though you have unlimited surface area since they extend beyond the screen to the bezel. This will make for a fun and unique experience for developers and end-users."
"The BlackBerry PlayBook has some stellar hardware specs which will support Adobe AIR quite well," said Randy Troppman, Founder, RunningMap. "I recompiled several of my AIR apps with the BlackBerry Tablet OS AIR SDK and they worked the first time. Unmodified. Piece of cake. Now I just need to take advantage of the BlackBerry PlayBook's touch screen to take these apps to the next level."
"Model Metrics is thrilled to be working to deliver scalable enterprise applications on the BlackBerry PlayBook," said John Barnes, CTO, Model Metrics, Inc. "The ease of development and deployment sets a new bar for the tablet market and Model Metrics is looking forward to offering the 2GO platform for the BlackBerry PlayBook."
See more examples and comments at http://devblog.blackberry.com/2010/10/blackberry-playbook-apps/.
Free BlackBerry PlayBook Offer
Registered developers who submit a qualifying BlackBerry PlayBook app that is accepted into BlackBerry App World prior to the initial product launch in North America will receive a free BlackBerry PlayBook, subject to certain terms and conditions. Although developers are encouraged to submit multiple apps, there is a limit of one free BlackBerry PlayBook per registered developer in BlackBerry App World. For additional information on the offer, including the Terms and Conditions, visit www.blackberry.com/developers/blackberryplaybookoffer.
Useful Links
About Research In Motion
Research In Motion (RIM), a global leader in wireless innovation, revolutionized the mobile industry with the introduction of the BlackBerry® solution in 1999. Today, BlackBerry products and services are used by millions of customers around the world to stay connected to the people and content that matter most throughout their day. Founded in 1984 and based in Waterloo, Ontario, RIM operates offices in North America, Europe, Asia Pacific and Latin America. RIM is listed on the NASDAQ Stock Market (NASDAQ:RIMM) and the Toronto Stock Exchange (TSX:RIM). For more information, visit www.rim.com or www.blackberry.com.
Forward-looking statements in this news release are made pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used herein, words such as "expect", "anticipate", "estimate", "may", "will", "should", "intend," "believe", and similar expressions, are intended to identify forward-looking statements. Forward-looking statements are based on estimates and assumptions made by RIM in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that RIM believes are appropriate in the circumstances. Many factors could cause RIM's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including those described in the "Risk Factors" section of RIM's Annual Information Form, which is included in its Annual Report on Form 40-F (copies of which filings may be obtained at www.sedar.com or www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on RIM's forward-looking statements. RIM has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
The BlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited. RIM, Research In Motion and BlackBerry are registered with the U.S. Patent and Trademark Office and may be pending or registered in other countries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. RIM assumes no obligations or liability and makes no representation, warranty, endorsement or guarantee in relation to any aspect of any third party products or services.
For more information, please contact"Interest and momentum behind the BlackBerry PlayBook continues to build and we are thrilled with the positive response from both the developer community and our customers. With its groundbreaking performance and robust support for industry standard development tools, the BlackBerry PlayBook provides an exceptional platform that appeals to a wide range of mobile app developers, including Adobe® AIR® and Flash® developers, HTML web developers, corporate developers and application hobbyists," said Tyler Lessard, VP Global Alliances & Developer Relations at Research In Motion. "We are very pleased to be working with developers in advance of the product launch and the opening of BlackBerry App World to accept BlackBerry PlayBook apps is an important next step."
BlackBerry PlayBook App Development
RIM also recently released an update to the Beta version of the BlackBerry Tablet OS SDK for Adobe AIR. The update now supports Flash Builder 4.5 (Burrito/Flex Mobile) with plug-ins that work with either Flash Builder 4.0 or the pre-release version of Flash Builder Burrito. Support for Flash Builder Burrito adds drag and drop capabilities, making it even easier and faster for developers to build applications for the BlackBerry PlayBook. The latest Beta of the SDK also supports Windows in 64-bit and includes a simulator for Linux.
What Developers Are Saying
"Developing for the PlayBook has been a pleasurable experience. The APIs are straightforward and optimized for the device and the environment is cross-platform," said Jerome Carty, President, JCX Systems, Inc. "The thing that impresses me the most is the potential for the hardware. The gestures for the PlayBook make the device feel as though you have unlimited surface area since they extend beyond the screen to the bezel. This will make for a fun and unique experience for developers and end-users."
"The BlackBerry PlayBook has some stellar hardware specs which will support Adobe AIR quite well," said Randy Troppman, Founder, RunningMap. "I recompiled several of my AIR apps with the BlackBerry Tablet OS AIR SDK and they worked the first time. Unmodified. Piece of cake. Now I just need to take advantage of the BlackBerry PlayBook's touch screen to take these apps to the next level."
"Model Metrics is thrilled to be working to deliver scalable enterprise applications on the BlackBerry PlayBook," said John Barnes, CTO, Model Metrics, Inc. "The ease of development and deployment sets a new bar for the tablet market and Model Metrics is looking forward to offering the 2GO platform for the BlackBerry PlayBook."
See more examples and comments at http://devblog.blackberry.com/2010/10/blackberry-playbook-apps/.
Free BlackBerry PlayBook Offer
Registered developers who submit a qualifying BlackBerry PlayBook app that is accepted into BlackBerry App World prior to the initial product launch in North America will receive a free BlackBerry PlayBook, subject to certain terms and conditions. Although developers are encouraged to submit multiple apps, there is a limit of one free BlackBerry PlayBook per registered developer in BlackBerry App World. For additional information on the offer, including the Terms and Conditions, visit www.blackberry.com/developers/blackberryplaybookoffer.
Useful Links
- BlackBerry Tablet OS Development (http://www.blackberry.com/developers/tabletos)
- Getting Started Guide for Windows and Mac
- Development Guide
- Developer Tools for Windows, Mac OS X, and Linux
- BlackBerry Tablet OS Webcast Series
- Get Building for the BlackBerry PlayBook (http://webcast.streamlogics.com/audience/index.asp?eventid=23141115?IID=DEVWEB1101)
- My First App for the BlackBerry PlayBook (http://webcast.streamlogics.com/audience/index.asp?eventid=35207765?IID=DEVCAST21109)
- Device Integration for apps on the BlackBerry PlayBook (http://webcast.streamlogics.com/audience/index.asp?eventid=13758486?IID=DEVWEBC31117)
- User Interface Guidelines (http://webcast.streamlogics.com/audience/index.asp?eventid=15766542)
- Coming Soon! BlackBerry App World submissions (check http://devblog.blackberry.com for details in the next few days)
- Adobe Tablet OS Development Page (http://labs.adobe.com/technologies/flash/blackberrytabos/)
- BlackBerry Developer Blog (http://devblog.blackberry.com)
- Twitter (www.twitter.com/blackberrydev @BlackBerryDev)
- BlackBerry Support Forums (http://supportforums.blackberry.com/t5/Tablet-OS-SDK-for-Adobe-AIR/bd-p/tablet)
About Research In Motion
Research In Motion (RIM), a global leader in wireless innovation, revolutionized the mobile industry with the introduction of the BlackBerry® solution in 1999. Today, BlackBerry products and services are used by millions of customers around the world to stay connected to the people and content that matter most throughout their day. Founded in 1984 and based in Waterloo, Ontario, RIM operates offices in North America, Europe, Asia Pacific and Latin America. RIM is listed on the NASDAQ Stock Market (NASDAQ:RIMM) and the Toronto Stock Exchange (TSX:RIM). For more information, visit www.rim.com or www.blackberry.com.
Forward-looking statements in this news release are made pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used herein, words such as "expect", "anticipate", "estimate", "may", "will", "should", "intend," "believe", and similar expressions, are intended to identify forward-looking statements. Forward-looking statements are based on estimates and assumptions made by RIM in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that RIM believes are appropriate in the circumstances. Many factors could cause RIM's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including those described in the "Risk Factors" section of RIM's Annual Information Form, which is included in its Annual Report on Form 40-F (copies of which filings may be obtained at www.sedar.com or www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on RIM's forward-looking statements. RIM has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
The BlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited. RIM, Research In Motion and BlackBerry are registered with the U.S. Patent and Trademark Office and may be pending or registered in other countries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. RIM assumes no obligations or liability and makes no representation, warranty, endorsement or guarantee in relation to any aspect of any third party products or services.
Media Contact:
Brodeur Partners (PR Agency for RIM)
Marisa Conway
212-336-7509
mconway@brodeur.com
or
Investor Contact:
RIM Investor Relations
519-888-7465
investor_relations@rim.com
Thursday, December 9, 2010
Plantronics Simplifies Conference Calls With New Instant Meeting App for BlackBerry and Android Phones
Image by chrissatchwell via FlickrDec 09, 2010 11:00 ET
One-Touch Conference Call Connections for Today's Mobile Workforce
Simplified Communications for the Distributed Workforce.
The notion of an office has transformed from four walls, a desk and a computer, to something much more fluid, mobile and familiar. No matter the location -- home office, airport or the sideline of a soccer game -- today's distributed workforce requires instant access to information from a host of devices, be it a smart phone, tablet computer or notebook. According to a recent international study from Plantronics, more than 90 percent of enterprise employees stated that they spend at least some time working outside of the office. No matter where these workers are, 83 percent are expected to be present in meetings either online or via conference calls "frequently" or "all the time."
The Plantronics InstantMeeting™ app eliminates the frustration and time lost when trying to dial-in to a conference call, a cumbersome process that requires entering a myriad of numbers, ID codes and passwords, and # and * signs. The mobile app allows today's mobile professional the most convenient way to dial into a conference call from their Android or BlackBerry phone. The app automatically syncs conference dial-in numbers from leading providers, requiring no advanced setup of access codes and calendars. With one touch the application removes the worry of having to remember a moderator ID number, eliminates the frustration of miss-dialing a conference line and joining a call five minutes late. If a user gets disconnected from a conference call (e.g., poor reception), they can reenter the meeting with one touch.
"In spite of the proliferation of communications tools such as IM, SMS and email, modern professionals spend an increasing amount of time in meetings, specifically conference calls. InstantMeeting enables quick, intuitive conference call access so mobile professionals can focus on the task at hand: communication and collaboration," said Gunjan Bhow, vice president and general manager of New Ventures at Plantronics. "Our ultimate goal is to enable people to communicate with one another naturally and with minimal barriers, regardless of the devices, platforms and tools being used. InstantMeeting saves time and frankly, a bit of sanity, so people can conduct business more efficiently and get on with the rest of their day."
Pricing and Availability
The Plantronics InstantMeeting app is available today in the Android Marketplace, BlackBerry App World and online at InstantMeeting. The trial version provides 20 free initiations to conference calls. Users who download the free trial app through http://www.plantronics.com/instantmeeting on December 9, 2010 will receive 1,000 free initiations to conference calls. A premium version of InstantMeeting is available in the Android Marketplace and BlackBerry App World for $2.99 with unlimited calls. Instant Meeting will be available for the Apple iPhone®, Microsoft® Office and Skype® and in early 2011.
For a demo of how the application works, please visit the http://www.plantronics.com/instantmeeting
About Plantronics
Plantronics is a world leader in personal audio communications for professionals and consumers. From unified communication solutions to Bluetooth headsets, Plantronics delivers unparalleled audio experiences and quality that reflect our nearly 50 years of innovation and customer commitment. Plantronics is used by every company in the Fortune 100 and is the headset of choice for air traffic control, 911 dispatch and the New York Stock Exchange. For more information, please visit www.plantronics.com or call (800) 544-4660.
Plantronics and Plantronics InstantMeeting are trademarks or registered trademarks of Plantronics, Inc. All other trademarks are the property of the respective owners.
Contacts:
Karen Auby
Plantronics, Inc.
831-458-7814
karen.auby@plantronics.com
Michael Moeschler
Voce Communications for Plantronics, Inc.
408-738-8784
mmoeschler@vocecomm.com
Click here to see all recent news from this coKaren Auby
Plantronics, Inc.
831-458-7814
karen.auby@plantronics.com
Michael Moeschler
Voce Communications for Plantronics, Inc.
408-738-8784
mmoeschler@vocecomm.com
Monday, December 6, 2010
Rodinia Lithium Inc. Intersects 204 Metres Grading 536 mg/L Lithium at Salar de Diablillos
4 hours ago by Marketwire
Rodinia Lithium Inc. ("Rodinia" or the "Company") (TSX VENTURE: RM)(OTCQX: RDNAF), is pleased to report that it continues to intersect high-grade lithium and potash in its reverse circulation drilling exploration program on its Salar de Diablillos lithium-brine project in Salta, Argentina ("Diablillos" or the "Salar"). The Company has commissioned a second drill which is already operational on the property as a result of the successful exploration program and to ensure timely delivery of an initial resource estimate.
William Randall, President and CEO of Rodinia, commented "we continue to intersect high quality lithium brines in the southern portion of the Salar. Hole D-RC-11 is remarkable in that we have intersected 204 metres of high grade mineralized brines in a single aquifer composed almost exclusively of sand and gravel. These conditions are extremely favourable, especially in an area we did not have high expectations for. The drills have now moved to the northern portion of the Salar where the higher grade brines are expected, based on the auger drill results."
Results from the latest four drill holes are summarized in Table 1. All the holes reported in this press release were drilled in the southern lower grade portion of the Salar as determined by the surface auger drilling. The reverse circulation drill holes were drilled vertically to ensure proper representation of the stratigraphic column. As in the previous drill holes, the distribution of lithium concentrations over the hole are remarkably even, suggesting that the entire stratigraphic column below the near surface clays represents a single aquifer, composed primarily of sands and gravels. The clay content in all holes drilled to date has been low to negligible. Holes D-RC-10 and D-RC-11 both may have encountered basement rocks towards the bottom of the hole where schistose material was detected in the cuttings. The depths at which the basement is thought to have been encountered are substantially greater than those predicted by the gravity survey, increasing the potential value of the basin.
The Project is supervised by Ray Spanjers, Rodinia's Manager of Exploration. Mr. Spanjers is considered a qualified person, as defined by National Instrument 43-101, and has reviewed and approved the scientific and technical information in this release. According to the Company's sampling protocol, sample size is to exceed 500 millilitres and be stored in clean, secure containers for transportation. The prepared samples are then forwarded to the ALS Laboratory Group, Environmental Division, in Fort Collins, Co (USA) for analysis. A rigorous QA/QC program is implemented consisting of regular insertion of standards and blanks to ensure laboratory integrity.
--------------------------------------------------------------------------------------------------------
About Rodinia Lithium Inc.:
Rodinia Lithium Inc. is a Canadian mineral exploration company with a primary focus on lithium exploration and development in North and South America. The Company is positioned to capitalize on the expected increase in demand for lithium carbonate that is projected to result from the anticipated paradigm shift to mass adoption and use of key lithium applications like lithium-ion batteries as well as glass ceramics, greases, pharmaceuticals etc.
Rodinia is currently exploring its Clayton Valley project in Nevada, USA, which surrounds the only lithium-brine producer in North America, and its Salar de Diablillos project in Salta, Argentina.
Please visit the Company's web site at www.rodinialithium.com or write us at info@rodinialithium.com. Follow us on Twitter: http://twitter.com/RodiniaLithium.
Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding the impact of the drill program at the Diablillos property and results of such drill program; the potential of the Diablillos property; the anticipated timetable with respect to the an initial resource estimate; the potential results and timetable for further exploration with respect to the Clayton Valley project and the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
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.
Market leader boosts production 24% - expects 100% in 2011
William Randall, President and CEO of Rodinia, commented "we continue to intersect high quality lithium brines in the southern portion of the Salar. Hole D-RC-11 is remarkable in that we have intersected 204 metres of high grade mineralized brines in a single aquifer composed almost exclusively of sand and gravel. These conditions are extremely favourable, especially in an area we did not have high expectations for. The drills have now moved to the northern portion of the Salar where the higher grade brines are expected, based on the auger drill results."
Results from the latest four drill holes are summarized in Table 1. All the holes reported in this press release were drilled in the southern lower grade portion of the Salar as determined by the surface auger drilling. The reverse circulation drill holes were drilled vertically to ensure proper representation of the stratigraphic column. As in the previous drill holes, the distribution of lithium concentrations over the hole are remarkably even, suggesting that the entire stratigraphic column below the near surface clays represents a single aquifer, composed primarily of sands and gravels. The clay content in all holes drilled to date has been low to negligible. Holes D-RC-10 and D-RC-11 both may have encountered basement rocks towards the bottom of the hole where schistose material was detected in the cuttings. The depths at which the basement is thought to have been encountered are substantially greater than those predicted by the gravity survey, increasing the potential value of the basin.
-----------------------------------------------------------------------
-----
From Interval Li K B
Drill Hole (m) To (m) (m) (mg/l) (mg/l) (mg/l) Mg:Li SO4:Li
----------------------------------------------------------------------------
D-RC-08 Artesian brine
@ 70.5 260 2200 550 3.50 14.23
----------------------------------------------------------------------------
zone open at depth
----------------------------------------------------------------------------
D-RC-09 24 60 36 521 6063 556 3.64 14.96
----------------------------------------------------------------------------
zone open at depth
----------------------------------------------------------------------------
D-RC-10 brine @ 36m 560 7100 480 4.29 8.39
----------------------------------------------------------------------------
D-RC-11 60 264 204 536 5638 741 3.48 12.09
----------------------------------------------------------------------------
Asampling procedure was enforced by management to ensure sample integrity during the drill program. Where possible, brine and sediments samples were air lifted, and water restricted to the upper part of the hole before the water table was intercepted. Once brine bearing horizons were intercepted, drilling was halted and the drilling pipe lifted 2 feet or more to allow the total flushing of the internal pipe by means of air pressure for approximately ten minutes or until the brine appeared reasonably clean of sediment. After sufficient air lifting of the brine, a sample was collected in 500 ml sample bottles that had been washed three times with the brine. Liquid was also collected in five gallon buckets and the time of filling of the bucket recorded, in order to aid in quantifying the formational flow.The Project is supervised by Ray Spanjers, Rodinia's Manager of Exploration. Mr. Spanjers is considered a qualified person, as defined by National Instrument 43-101, and has reviewed and approved the scientific and technical information in this release. According to the Company's sampling protocol, sample size is to exceed 500 millilitres and be stored in clean, secure containers for transportation. The prepared samples are then forwarded to the ALS Laboratory Group, Environmental Division, in Fort Collins, Co (USA) for analysis. A rigorous QA/QC program is implemented consisting of regular insertion of standards and blanks to ensure laboratory integrity.
--------------------------------------------------------------------------------------------------------
About Rodinia Lithium Inc.:
Rodinia Lithium Inc. is a Canadian mineral exploration company with a primary focus on lithium exploration and development in North and South America. The Company is positioned to capitalize on the expected increase in demand for lithium carbonate that is projected to result from the anticipated paradigm shift to mass adoption and use of key lithium applications like lithium-ion batteries as well as glass ceramics, greases, pharmaceuticals etc.
Rodinia is currently exploring its Clayton Valley project in Nevada, USA, which surrounds the only lithium-brine producer in North America, and its Salar de Diablillos project in Salta, Argentina.
Please visit the Company's web site at www.rodinialithium.com or write us at info@rodinialithium.com. Follow us on Twitter: http://twitter.com/RodiniaLithium.
Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding the impact of the drill program at the Diablillos property and results of such drill program; the potential of the Diablillos property; the anticipated timetable with respect to the an initial resource estimate; the potential results and timetable for further exploration with respect to the Clayton Valley project and the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
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.
Contacts: Investor Cubed Inc. Neil Simon +1 (647) 258-3311 Rodinia Lithium Inc. Aaron Wolfe Vice-President, Corporate Development +1 (416) 309-2696 www.rodinialithium.comSOURCE: Rodinia Lithium Inc.
http://www.rodinialithium.com
Related Articles:
Rodinia: next prize in Lithium's M&A activity? An expert opinion on Lithium productionMarket leader boosts production 24% - expects 100% in 2011
Thursday, December 2, 2010
TALISON LITHIUM EXPANDS GREENBUSHES LITHIUM OPERATIONS AHEAD OF SCHEDULE!
Commissioning of the Stage 1 expansion at the Greenbushes Lithium Operations has commenced ahead of schedule and the plant is already producing at design capacity
Design of the Stage 2 expansion is being revised to allow for further increases in capacity above the original design
Board approval received to order long lead items for the Stage 2 expansion
Talison included in the Solactive Global Lithium Index
Results of annual general meeting of shareholders
------------------------------------------------------------------------------------------------------
Perth, Western Australia, December 2, 2010 – Talison Lithium Limited (“Talison”) (TSX:TLH) announces the early commissioning of the Stage 1 expansion at the Greenbushes Lithium Operations and an update on the Stage 2 expansion.
Peter Robinson, Chairman, said “We are very pleased that commissioning of the Stage 1 expansion of production capacity at the Greenbushes Lithium Operations has commenced ahead of schedule, and that continued strong demand for Talison’s chemical-grade lithium concentrate has necessitated a revision of the design of the Stage 2 expansion”.
Expansion of the Greenbushes Lithium Operations
Commissioning of the Stage 1 expansion of the chemical-grade plant at the Greenbushes Lithium Operations has commenced ahead of schedule, and production is already at the increased design capacity (an increase of approximately 7,500 tonnes of lithium carbonate equivalent).
Talison is also continuing to plan the Stage 2 expansion of the chemical-grade plant and in response to continued strong demand for lithium concentrate, the original design of the expansion (that planned to increase total production capacity of the Greenbushes Lithium Operations to approximately 62,000 tonnes of lithium carbonate equivalent), is being revised to allow for further increases in production capacity.
Solactive Global Lithium Index
Following its listing on the TSX in September, Talison has recently been included in the Solactive Global Lithium Index. This Index is used by Global X Lithium, the world’s first lithium based Exchange Traded Fund, to track performance of the largest and most liquid lithium mining, refining and battery producing companies in the world.
Annual general meeting of shareholders
Talison is pleased to advise its annual general meeting of shareholders was held today with all the resolutions put to the meeting passed on a show of hands. Talison received the following proxy votes in relation to the resolutions:-
Re-appointment of KPMG as the Auditor of the Company
50,102,490
12,454
Re-election of Mr. Peter Oliver as a Director of the Company
50,119,197
3,558
Re-election of Mr. Peter Robinson as a Director of the Company
50,102,490
12,454
Re-election of Mr. Ronnie Beevor as a Director of the Company
50,111,386
3,558
Re-election of Mr. Mason Hills as a Director of the Company
50,102,490
12,454
Re-election of Mr. Mark Smith as a Director of the Company
50,111,386
3,558
Re-election of Mr. David Shaw as a Director of the Company
50,102,490
12,454
Re-election of Mr. Frank Wheatley as a Director of the Company
50,102,490
12,454
About Talison
Talison is the leading global producer of lithium. Talison mines and processes the lithium bearing mineral spodumene at the Greenbushes Lithium Operations in Western Australia. In addition, Talison explores for lithium at the Salares 7 lithium project made up of seven salars located in Chile. Talison also has an extensive, well established global customer network and a leading position in the growing Chinese market.
For further information please contact:
Todd Hilditch
Investor Relations Director
Phone: 604 443 3831
Email: Todd.Hilditch@talisonlithium.com
Talison Lithium Limited
Level 4, 37 St Georges Terrace
Perth, Western Australia 6000
Web site: www.talisonlithium.com
____________________________________________________________________________
Cautionary Note Regarding Forward-Looking Statements
This release contains “forward-looking statements” which reflect the current expectations of Talison. When used in this release the words “will”, “anticipate”, “intend”, “believe” and similar expressions are intended to identify forward-looking statements. These statements reflect Talison’s management’s current beliefs with respect to future events and are based on information currently available to management. Forward-looking statements involve significant
known and unknown risks, uncertainties, factors and assumptions. Accordingly, readers should not place undue reliance on forward-looking statements. Many factors could cause actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. Should assumptions underlying the forward-looking statements prove incorrect, actual results, performance or achievements could vary materially from those expressed or implied by the forward-looking statements contained in this release.
The forward-looking statements contained in this release are expressly qualified in their entirety by this cautionary statement. Although the forward-looking statements contained in this release are based upon what Talison believes to be reasonable assumptions, Talison cannot assure investors that actual results, performance or achievements will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this release and Talison does not assume any obligation to update or revise them to reflect new events or circumstances.
Previous articles:
Lithium producers prospering as price, and demand, increases globally.
*TSX listing helps Lithium Giant increase output - Financial Post*
The next prize in the Lithium Boom could be.....
Largest supplier of lithium into China, goes public
China charges into Electric Vehicle market
Rodina Lithium to present alongside major auto and battery makers at U.S. conference
Lithium, gold and REEs in one penny stock
Lithium demand will increase four fold by 2017
New Nano Battery will have many uses
Wednesday, December 1, 2010
Junior and Mid Tier Rare and Minor Metals Companies December Quarter 2010
Dec 01, 2010 06:00 ET
Resource Capital Research Report:
Key Points
- Rare and minor metals (RMM) company share prices have climbed in the past three months (+56%), outperforming the ASX S&P 300 Metals and Mining Index (+12%), due to potential future metal shortages and price rises. Some recent gains were fueled by market speculation rather than fundamentals.
- The current market driver is China's policy of squeezing export quotas and raising tariffs, especially for the rare earth elements (REE).
- As we stated in 3Q10, demand for the RMM should increase in the next 4-5 years, which could benefit current and near-term producers, or exploration and development companies with projects that can be fast-tracked.
The report covers TSX/V listed companies: Avalon Rare Metals Inc, Rodinia Lithium Inc. Tnr Gold Corp. and ASX listed companies: Alkane Exploration Limited, Arafura Resources Limited, Globe Metals & Mining Limited, Greenland Minerals & Energy Limited, Gippsland Limited, Gunson Resources Limited, Galaxy Resources Limited, Icon Resources Limited, King Island Scheelite Limited.
RCR also publishes quarterly reviews of the Iron Ore, Uranium, Gold and Copper sectors. To access the free summary of the Rare and Minor Metals Report or to purchase the 56 page Subscribers report, go to www.rcresearch.com.au/reports.
The outlook for rare and minor metals
The past three months have seen considerable share price gains for some rare and minor metals (RMM) equities, as investors become aware of the potential for future supply shortages and consequent high metal prices. Speculation has cooled in the past month, but companies that have quality projects should retain some of their recent gains while prices remain above their pre-2H10 levels.
The main market driver is China, which is reforming its RMM sectors, by raising tariffs, reducing export quotas, and encouraging consolidation and vertical integration of production. China's stated aims are to increase domestic value-adding and use of the RMM, conserve resources, and improve industry monitoring and efficiency. China's actions could boost global RMM production.
Some examples of commodities with a stable to strong outlook for the next several years:
- Lithium: Increasing intensity of use is expected to require additional supply beyond 2014.
- Niobium: Industry forecasts are for FeNb consumption growth of ~15% per annum to 2014.
- Rare earth elements (REE): Forecasts are for 20-30% CAGR in prices to 2015. Export prices (China) up 510% year-on-year.
- Tantalum: A supply shortfall is expected to hand a competitive advantage to companies that provide a long-term supply of ethically produced tantalum.
- Tungsten: Supply shortages are indicated from 2013.
- Zircon/zirconium: A lack of greenfields projects could create supply shortages and boost prices in the near to medium term (1-3 yrs).
Equity performances
Globally, RMM stocks have outperformed most exchange-based indices in the past 12 months. Share price performances have been studied, for 336 exchange-listed companies with one or more RMM projects (in six commodity groups: lithium, REE, tungsten, zirconium, niobium, tantalum). The unweighted average performance over 1 month (to November 17) was +11%, compared to 1% for Australia's ASX S&P300 Metals and Mining Index, and 0.1% for the ASX All Ords. Twelve-month performance was +56% (S&P300 MM, 12%). The average RMM company share price is 33% below its 12-month high and 155% above a 12-month low.
Analyst's Comment
"The past twelve months have overall been very strong for rare and minor metals markets," says RCR analyst Trent Allen. "The basket of stocks we looked at had an average share price increase of 56% over that period, beating most share market indices. This frenetic activity has raised the profile of rare and minor metals, which could help with future investment and project finance."
"As is so often the case with commodities, the force driving the market is Chinese policy. It's always difficult to be certain of China's intentions, so cuts in metal export quotas and talk of limiting production created a lot of uncertainty in 2010. This was compounded by China's willingness to use its dominant market position to gain political leverage, as shown by mention of the rare earth elements in recent trade and territorial disputes with Japan and the US.
"RCR recently attended the Sixth International Rare Earths Conference, organized by Roskill and Metal Events in Hong Kong, to try to gain a clearer picture of China's position on the RMM. It is apparently seeking to conserve mineral resources and add value to them in China, while simultaneously regulating its mining and metals industries to combat problems such as overcapacity, environmental damage and smuggling of high-value metals.
"This realization among investors, together with assurances from China about continue supply (again, focused on the REE), has taken some of the speculative heat out of RMM equities in the past month or so. RMM prices are unlikely to fall across the board for the foreseeable future, so long as fundamental market drivers remain in place, and companies with solid projects should on average retain the majority of their recent share price gains in the near to medium term.
"There should be opportunities for investors to profit from high-quality new RMM discoveries or from significant advances at existing projects, especially in terms of mineral processing and project funding."
About Resource Capital Research
Resource Capital Research ("RCR") (www.rcresearch.com.au) was founded in 2004 and is based in Sydney. RCR provides investors with in-depth reports on current investment opportunities in the mining sector both in Australia and globally. The focus is on small and mid cap resource companies, within the iron ore, uranium, gold, copper and rare/minor metals sectors, ranging from exploration stage, through development and production. John Wilson, the principal of the firm and analyst, has over ten years' experience analysing mining companies in Sydney and on Wall Street including for major investment banks. Dr. Trent Allen, Rare and Minor Metals Analyst, joined RCR in 2006. Trent has extensive experience as a mine geologist, academic and journalist.
The report is available at www.rcresearch.com.au. The next Rare and Minor Metals Company Review will be of the March Quarter, 2011.
For further information please contact:
Trent Allen
Rare and Minor Metals Analyst
(+61 (0) 438 873 682)
John Wilson
Managing Director
Resource Capital Research,
Phone: (+61- 2) 9252 9405
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