Nokia 10G Speed Milestone

  • TDS expands fiber network in new areas and introduces 10Gb/s capabilities
  • Nokia reached a milestone of 100 million fiber broadband lines shipped to broadband providers around the world  

          
2 February 2021

Dallas, Texas – Nokia today announced that it has reached 100 million fiber broadband shipments. This marks another milestone for Nokia in the North America fiber market after achieving world firsts for large GPON deployments, Gigabit cities and 10 Gigabit rollouts. Nokia has commemorated this latest milestone by awarding a golden Optical Network Terminal (ONT) to TDS Telecommunications LLC, the recipient of the 100 millionth unit.

TDS is expanding its fiber broadband network to new areas and introducing 10Gb/s capabilities to meet the growing broadband demand for residential and business customers. TDS is deploying Nokia’s Lightspan FX access node and state-of-the-art multi-PON solution based on Nokia’s Quillion chipset. This enables TDS to efficiently boost the capacity to 10Gb/s when and where needed. The solution is also ready for future evolution, being 25Gb/s ready and enabling smooth transition to virtualized access-network control and management.  

Massively Investing

North American broadband operators and network providers are massively investing in fiber across the country. As the U.S. enters the new phase of broadband deployments fueled by the Rural Digital Opportunity Fund (RDOF), Nokia will continue to help broadband providers to deliver ultrafast broadband services to everyone.

Nokia is powering the advanced fiber broadband networks in North America, partnering with citynets, regional operators, utilities, major service providers and other broadband providers. Seven out of every 10 fiber homes in the U.S. are served with Nokia solutions. Nokia’s unique combination of global experience, in-house innovation and chip development, and a broad set of fiber, fixed wireless and Wi-Fi solutions is helping providers accelerate gigabit broadband connectivity across the U.S.

Ken Paker, Senior Vice President – Information and Network Technologies and CTO for TDS, said: “Fiber access is at the core of our broadband strategy to bring faster broadband to hundreds of rural and suburban communities nationwide. Fast broadband enhances our lives now more than ever. Our network has grown and evolved with demand; our latest GPON and XGS-PON deployments give us the ability to offer enterprise services and multi-gigabit residential services. We are delighted to receive the golden ONT from Nokia as a symbol of their 100 millionth ONT shipped.” 

Sandra Motley, President of Fixed Networks Division at Nokia, said: “Broadband networks have been essential for keeping societies and economies running during the global pandemic and that increased the urgency to accelerate fiber deployments everywhere. Nokia is a leading provider for fiber access technologies, and we are proud to help North American operators and broadband providers to build the next-generation fiber access networks. Our 100 millionth fiber home shipment is an important milestone for us because each one represents a broadband connection with the potential to truly enhance lives. It’s a privilege to be helping TDS and other operators and utilities across the U.S. accelerate rural fiber broadband connectivity.”

Resources:

About Nokia

We create the critical networks and technologies to bring together the world’s intelligence, across businesses, cities, supply chains and societies.

With our commitment to innovation and technology leadership, driven by the award-winning Nokia Bell Labs, we deliver networks at the limits of science across mobile, infrastructure, cloud, and enabling technologies.

Adhering to the highest standards of integrity and security, we help build the capabilities we need for a more productive, sustainable and inclusive world.

For our latest updates, please visit us online www.nokia.com and follow us on Twitter @nokia and NokiaNAM.

About TDS Telecommunciations LLC

TDS Telecommunications LLC (TDS Metrocom/TDS) is one of the fastest growing technology companies in the United States. The company is building and deploying future-forward, fiber optic networks to deliver up to 1 Gigabit internet speeds to homes and up to 10 Gigabit internet speeds to businesses. The technology also powers innovative TV entertainment, feature-rich phone plans, and VoIP solutions. Visit tdsfiber.com to learn more.

TDS employs nearly 3,100 people nationwide and is a subsidiary of Telephone and Data Systems, Inc. (TDS Inc.), a Fortune 1000®?company [NYSE: TDS]. Founded in 1969, TDS Inc. companies collectively employ 9,400 people and have approximately six million connections nationwide through business units: U.S. Cellular, TDS Telecom, TDS Metrocom, OneNeck IT Solutions LLC, and TDS Broadband Service. TDS Inc. has been named to several Forbes lists, including America’s Best Employers for Diversity, Best Large Employers, and Best Employers for Women. Visit?tdsinc.com or tdstelecom.com for more information.

Media Inquiries:

Nokia
Communications
Phone: +358 10 448 4900
Email: press.services@nokia.com

Related

Nokia’s C-Band ready for Build-out in U.S.

Nokia Partners With StarHub in Singapore

Article source: https://metroactive.org/wordpress/2021/02/09/nokia-10g-speed-milestone/

Arena Minerals Announces Financing Led by Chinese Global Lithium Producer

ARENA MINERALS ANNOUNCES $2.8M FINANCING LED BY LEADING LITHIUM PRODUCER GANFENG LITHIUM CO. AND DIVESTS GOLD ASSET TO ASTRA EXPLORATION LTD.

GlobeNewswire FEB 04, 2021 07:30 AM EST

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, Feb. 04, 2021 (GLOBE NEWSWIRE) — Arena Minerals Inc. (“Arena” or the “Company”) (TSX-V: AN) announces that it is undertaking a non-brokered private placement of units of the Company (the “Units”) at a price of $0.05 per Unit for gross proceeds of $2,800,000 (the “Offering”). Each Unit shall consist of one common share of the Company (a “Common Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder to acquire one Common Share of the Company at $0.15 for a period of 36 months from the date of issuance. This price represents a 43% premium to the last trading price of Arena.

GFL International Co., Ltd, a wholly owned subsidiary of Ganfeng Lithium Co. (“Ganfeng”; 1772.HK; OTCQX: GNENF), an established global lithium carbonate producer, will acquire 39,525,596 Units for gross proceeds of $1,976,280 pursuant to the terms of the offering. Ganfeng is one of the world’s leading lithium manufacturers and is listed on the Shenzhen Stock Exchange and on the Hong Kong Stock Exchange (Ticker 1772.HK) since 2018 when it raised US$ 440 million in an IPO. Ganfeng is a top three lithium compound producer, and the largest producer of lithium metal globally. Ganfeng has a strong presence in Argentina, including a 51% ownership in Minera Exar whom operates the Cauchari Lithium project in Jujuy province.

The proceeds from the Offering will be used by Arena to develop its Antofalla lithium brine property in the puna region of Argentina, for potential acquisitions, and for general corporate purposes. Arena’s Antofalla properties comprise a total of 6,000 hectares covering a portion of the Antofalla salar located in Catamarca, Argentina. The properties are immediately south and adjacent to Albemarle Corporation’s similarly names Antofalla project.

Mr. Eduardo Morales, Executive Chairman of Arena, commented: “We are thrilled to have Ganfeng Lithium, one of the world’s largest and most successful companies in the battery materials sector, participate in the Offering and join us as a major investor and strategic partner. The proceeds of the Offering will assist Arena in developing the Antofalla project as well evaluating further acquisitions in Argentina, where Arena’s team has world class expertise and competitive advantages. Our objective is to ultimately own and operate several high-quality assets and supply lithium chloride to a centralized chemical plant. We are convinced this is the future of the brine lithium industry, allowing assets to be developed without incurring excessive capital costs while reducing the technical risk of having to build and operate a chemical plant.” Mr. Morales is the former President of Rockwood Litio Ltda (Chile), where he oversaw the development of the world’s premier lithium brine asset in the Salar the Atacama, Chile. Rockwood was sold in 2014 for USD 6.2 Billion.

Under its subscription agreement with Arena, and provided it holds at least 7.5% of Arena’s common shares, Ganfeng has been granted the right (i) to participate in future Arena financings to maintain its percentage ownership interest in Arena; (ii) to acquire up to 35% interest in any asset acquisition completed by Arena; and iii) a Right of First Offer on off-take agreements on a per project basis. Ganfeng has also been granted the right to appoint a nominee to the Arena board of directors as long as it holds at least 10% of Arena’s common shares.

This summary is qualified in its entirety by reference to the full text of the Agreement, a copy of which will be filed by Arena on SEDAR ( www.sedar.com ). The Offering is subject to the approval of the TSX Venture Exchange.

Pampa Paciencia Sale to Astra Exploration Inc.

The Company also announces the sale of its Pampa Paciencia epithermal gold property, located in the Atacama region of northern Chile, to Astra Exploration Ltd (“Astra”), a private mineral exploration company.

Pursuant to the Agreement, Arena’s wholly owned subsidiary, Arena Minerals Chile SpA, will transfer to a newly incorporated Chilean subsidiary of Arena (“AM Newco”) all of the shares it owns in Sociedad Contractual Minera Paciencia (the “JV Company”), representing 80% of the outstanding shares of the JV Company. The JV Company holds 100% of the Paciencia Property, one of the two Chilean properties in which Arena holds an interest. Astra will then purchase all of the shares of AM Newco in consideration for the issuance to Arena of shares representing 40% of Astra’s issued and outstanding shares after Astra completes a proposed financing to raise a minimum of $600,000, which financing is to close prior to the sale to Astra of AM Newco.

Under the Agreement, until the earlier of an Astra Going Public Transaction (which includes the listing of Arena’s shares on the TSX Venture Exchange or other recognized Canadian or U.S. stock exchange) and a change of control of Arena, Arena has the right to participate in future financings of Astra to maintain its percentage shareholding in Astra while it holds 5% to 25% of Astra’s outstanding shares, and has the right to nominate a director to the Astra board as long as it maintains at least a 5% shareholding in Astra. Prior to the earlier of completion by Astra of a Going Public Transaction and 12 months from closing, Arena may not sell its Astra shares without Astra’s consent, and provided it holds at least 5% of Astra’s shares, following completion of an Astra Going Public Transaction, Arena must provide Astra with an opportunity to identify purchasers for any Astra shares that it proposes to sell before it may sell them to third parties. Arena has also agreed to vote all Astra shares it holds in favour of Astra management’s proposals at any meeting of the shareholders of Astra held within 24 months of closing.

About Arena Minerals Inc.

Arena owns the Antofalla lithium brine project in Argentina, consisting of four claims covering a total of 6,000 hectares of the central portion of Salar de Antofalla, located immediately south of Albemarle Corporation’s Antofalla project. Arena has developed a proprietary brine processing technology using brine type reagents derived from the Antofalla project with the objective of producing more competitive battery grade lithium products.

Arena also owns 80 percent of the Atacama Copper property, consisting of two projects covering approximately 7,000 hectares within the Antofagasta region of Chile. The projects are at low altitudes, within producing mining camps in infrastructure-rich areas, located in the heart of Chile’s premier copper mining district.

The technical and scientific aspects of this news release have been reviewed and approved by Mr. William Randall, P.Geo, who is a qualified person pursuant to NI 43-101. As the President CEO of the Company, Mr. Randall is not considered independent.

To view our website, please visit www.arenaminerals.com. In addition to featuring information regarding the Company, its management, and projects, the site also contains the latest corporate news, a long form text explaining the unique business model of the Company (under the tab “the Company Explained”) and an email registration allowing subscribers to receive news and updates directly.

For more information, contact William Randall, President and CEO, at +1-416-818-8711 or Simon Marcotte, Vice-President Corporate Development, at +1-647-801-7273 or smarcotte@arenaminerals.com.

On behalf of the Board of Directors of: Arena Minerals Inc.

William Randall, President and CEO

Cautionary Note Regarding Accuracy and Forward-Looking Information

This news release may contain forward-looking information within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements, projections and estimates relating to the future development of any of the Company’s properties, the anticipating timing with respect to private placement financings, the ability of the Company to complete private placement financings, results of the exploration program, future financial or operating performance of the Company, its subsidiaries and its projects, the development of and the anticipated timing with respect to the Atacama project in Chile, the Antofalla, Hombre Muerto or Pocitos Projects in Argentina , and the Company’s ability to obtain financing. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. The statements made herein are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of the Company’s interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. Estimates underlying the results set out in this news release arise from work conducted by the previous owners and the Company. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; other risks of the mining industry and the risks described in the annual information form of the Company. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Arena Minerals does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

DISCLOSURE

The author owns shares in this company. The company at present or in the past has not sponsored or done business with MetroActive.

Article source: https://metroactive.org/wordpress/2021/02/08/arena-minerals-announces-financing-led-by-chinese-global-lithium-producer/

CI Financial Doubles U.S. Presence and Plans to Grow Faster

CI Financial (TSX: CIX) is Canada’s second largest fund management company. It has aggressively acquired U.S. companies over the last year to double its presence and become one of the largest operators in the United States. In its aggressively expanding into the U.S., it may just be setting itself up as an acquisition target by a larger institution.

In the last week the stock price signlificantly increased from $16.14 on Feb 1st to a high of $18.13 on Feb 5 (more than 12% increase), indicating increasing interest by investors.

Kurt MacAlpine, chief executive officer at CI Financial, appeared on BNN Bloomberg to discuss the firm’s 14th U.S. acquisition of Segall Bryant Hamill. MacAlpine mentioned that the firm’s strategy to expand south of the border remains a top priority. See the Bloomberg Video.

Mergers and Acquisitions

CI Financial has a long history of growth through acqusition as can be seen by its track record.

Source: Wikipedia

Potential Acquisition Target

With a market captialization of $3.75 billion and with an attractive Price to Earnings (P/E) ratio of 7.54 and dividend yield of 4.05%, this company would be a great acquisition for a financial institution wanting to capture a significant market share in the U.S. market.

If another firm decides to acquire CI Financial, the stock price will be impressive. Meanwhile, investors are getting a good dividend on the stock.

Disclosure

The author, principals of MetroActive and MetroActive members hold shares in CI Financial and some members may also be employed by CI Financial or provide services to CI Financial. As of the publishing of this post CI Financial is not a sponsor, member or client of MetroActive.

Related Posts

Article source: https://metroactive.org/wordpress/2021/02/08/ci-financial-doubles-u-s-presence-and-plans-to-grow-faster/

Nokia partners with StarHub for standalone 5G for Singapore

Nokia and StarHub partner to expedite standalone 5G services for Singapore customers

  • Nokia and StarHub to jointly deploy a cloud-native 5G core network that will power device connectivity at scale and usher in game-changing mobility solutions
  • Collaboration will enable StarHub to introduce new digital services and encourage industry adoption of advanced IoT solutions

2 February 2021 

Espoo, Finland – Six months after launching Singapore’s first non-standalone 5G services for consumers and enterprises, longstanding partners, StarHub and Nokia have teamed up again to deploy a new cloud-native 5G core network to manage 5G standalone (SA) bandwidth demand that has been projected to grow rapidly and tremendously.

The 5G SA network rollout is well underway and spans core, radio, software, security and professional services with a 5G SA data service launch for StarHub’s customers expected in later this year.

This 5G SA upgrade will enable StarHub to run 5G technology independent of existing 4G network technology. With 5G SA technology, StarHub can simultaneously connect a vast number of devices and offer game-changing mobility solutions that thrive on ultra-high speed, low-latency, secure campus networking capabilities for the benefit of consumers, businesses and government agencies in Singapore.

With StarHub 5G services delivered via SA architecture using the 3.5GHz spectrum, customers can enjoy new digital services such as AR for entertainment, education and healthcare, and the industry will have the opportunity to deliver the promised massive Internet of Things, allowing interconnection of many devices and applications for a smarter society. In turn, businesses can use 5G enhanced mobile broadband service to enable e-sports and augmented reality/virtual reality live feeds anywhere. StarHub can create several secure mobile campus networks for localised functions through network slicing capability. The operator can also leverage mobile edge computing services to host AI-based solutions such as facial recognition services and to deploy advanced IoT solutions.

Playing an active role as a forerunner in Singapore’s 5G space, StarHub partnered with Nokia to deploy a 5G SA trial network at IMDA’s 5G testing facility Living Lab@PIXEL in one-north, which is dedicated to helping industry players develop new 5G solutions and develop technical capabilities. StarHub is also working with industry players, including Nanyang Polytechnic and National University of Singapore to explore innovative 5G solutions that can enhance higher education experiences, address industry needs and test use cases. StarHub and Malaysia’s U Mobile have successfully completed a multi-party roaming video conference call over 5G SA technology. More extensive 5G solution trials, including emergency sea rescue operations are in progress.

Chong Siew Loong, Chief Technology Officer, StarHub, said: “We are seeing strong demand for 5G phones and good take-up of our Mobile+ and Biz+ 5G capable plans launched last August – encouraging signs of the market’s appetite for 5G services, which are going mainstream in terms of deployment and adoption this year. Nokia fueled an important transition for our networks, bringing us into the 5G era, enabling new use cases and services, such as network slicing. Together we are committed to supporting the government’s national strategic Smart Nation initiatives, to drive growth and competitiveness globally, and nationwide 5G is a crucial step as Singapore strives for economic and technological growth.”

Daniel Jaeger, Head of South East Asia Market Unit at Nokia, said: “The Singapore market is highly competitive, with end users demanding new, innovative 5G services. Leveraging our market-leading 5G solutions, Nokia is proud and committed to continue working with StarHub to bring advance 5G services that will deliver a consistent and enhanced user experience, as well as new revenue opportunities for its enterprise customers.”

Resources

About Nokia

We create the critical networks and technologies to bring together the world’s intelligence, across businesses, cities, supply chains and societies.

With our commitment to innovation and technology leadership, driven by the award-winning Nokia Bell Labs, we deliver networks at the limits of science across mobile, infrastructure, cloud, and enabling technologies.

Adhering to the highest standards of integrity and security, we help build the capabilities we need for a more productive, sustainable and inclusive world.

For our latest updates, please visit us online www.nokia.com and follow us on Twitter @nokia.

About StarHub

StarHub is a leading homegrown Singapore company that delivers world-class communications, entertainment and digital solutions. With our extensive fiber and wireless infrastructure and global partnerships, we bring to people, homes and enterprises quality mobile and fixed services, a broad suite of premium content, and a diverse range of communications solutions. We develop and deliver to corporate and government clients solutions incorporating artificial intelligence, cyber security, data analytics, Internet of Things and robotics. We are committed to conducting our business in a sustainable and environmentally responsible manner. Launched in 2000 and listed on the Singapore Exchange mainboard since 2004, StarHub is a component stock of the SGX Sustainability Leaders Index and the SGX Sustainability Leaders Enhanced Index. For more information, visit www.starhub.com.

Media Inquiries

Nokia

APAC Media Relations

Cordia So

Phone: +852 9747 5873

E-mail: cordia.so@nokia.com

Article source: https://metroactive.org/wordpress/2021/02/05/nokia-partners-with-starhub-for-standalone-5g-for-singapore/

Nokia’s C-Band ready for 5G build-out in U.S.

Nokia’s comprehensive C-Band portfolio ready for 5G build-out in U.S.

  • Nokia’s complete C-Band solutions portfolio available for indoor and outdoor coverage  
  • Nokia C-Band solutions work across both 5G non-standalone and standalone networks; utilize latest AirScale infrastructure
  • C-Band spectrum is a key resource for capacity and coverage capabilities of 5G networks

26 January 2021

Espoo, Finland – Nokia today announced that its enhanced C-Band portfolio will be available from Q1 2021 to support mobile operators’ 5G network deployments, following the conclusion of the recent spectrum auction in the U.S. Nokia’s comprehensive C-Band portfolio, which covers both indoor and outdoor deployment needs, includes massive MIMO antenna solutions, hybrid antennas that combine both passive and active radio platforms into a single, modular unit, macro remote radio heads and small cell solutions to cover all connectivity and deployment requirements.

C-Band spectrum, between 3.4 GHz and 4.2 GHz, is a crucial resource for operators to offer the best mix of 5G network capacity and coverage to subscribers. In the U.S. 280 MHz of spectrum, between 3.7 GHz and 3.98 GHz, has been allocated of use by 5G services.

Nokia’s C-Band solution builds on its previous capabilities in readiness for rollouts across the U.S. by introducing a wide variety of network solutions that support both 5G non-standalone (NSA) and standalone (SA) networks, classic to full cloud implementations, including support for Open RAN solutions. This deployment flexibility is an important capability as the industry moves towards standalone architecture. The solution leverages Nokia’s latest AirScale radio access solutions for C-Band.

The U.S. Federal Communications Commission (FCC) recently completed its C-Band spectrum auction, which received significant interest from mobile operators. The C-Band offers huge capacity scaling and connectivity supporting the increased demand for mobile network capacity. The auctioned spectrum will be cleared for use for 5G services during 2021 and 2022. It is anticipated that the rollout of C-Band networks will start in the coming months in the initial 100 MHz, with the remaining 180 MHz expected to be cleared and released the year after, in 2023.

Last year, Nokia was the first vendor to complete a 5G trial in C-Band spectrum in the U.S. using its commercial 5G AirScale portfolio. The C-Band is already the pioneer mid-band in many countries around the world for 5G services.

Tommi Uitto, President, Mobile Networks, Nokia, stated: “Now that the U.S. has completed its C-Band spectrum auction, the carriers are turning their attention towards capitalizing on their new spectrum assets and rolling out new 5G services. Nokia has a comprehensive range of solutions ready-to-go that cover all customer requirements and scenarios. We look forward to working with our customers to deploy these solutions and help deliver incredible 5G experiences to businesses and consumers across the country.”   

Resources

About Nokia
We create the critical networks and technologies to bring together the world’s intelligence, across businesses, cities, supply chains and societies.

With our commitment to innovation and technology leadership, driven by the award-winning Nokia Bell Labs, we deliver networks at the limits of science across mobile, infrastructure, cloud, and enabling technologies.

Adhering to the highest standards of integrity and security, we help build the capabilities we need for a more productive, sustainable and inclusive world.

For our latest updates, please visit us online www.nokia.com and follow us on Twitter @nokia and @NokiaNAM.

Media Inquiries:
Nokia
Communications
Phone: +358 10 448 4900
Email: press.services@nokia.com

Article source: https://metroactive.org/wordpress/2021/02/01/nokias-c-band-ready-for-5g-build-out-in-u-s/

CI Financial Acquires Chicago-based Segall Bryant & Hamill, a Leading Institutional Asset Manager with US$23 Billion in Assets

Acquisition continues ambitious cross-border growth initiative and will boost CI’s total assets to C$261 billion

TORONTO and CHICAGO (January 25, 2021) – CI Financial Corp. (“CI”) (TSX: CIX; NYSE: CIXX), a diversified global asset and wealth management company, and Segall Bryant Hamill, LLC (“SBH”) today announced an agreement under which CI will acquire SBH, a leading high-net-worth-focused registered investment advisor and multi-office institutional investment management firm headquartered in Chicago.

The addition of SBH, once completed, is expected to double CI’s total U.S.-based assets to US$46.1 billion1 and demonstrates the firm’s commitment to continued cross-border growth and unwavering belief in the importance of financial advice, planning and investment management.

SBH is both a registered investment advisor (“RIA”) and an institutional asset manager. On a stand-alone basis, SBH’s US$6.0 billion2 wealth management platform is CI’s largest U.S. acquisition to date by asset size. CI is also excited to build on the strong momentum of SBH’s institutional platform, which offers a broad array of both traditional and alternative investment strategies.

“Acquiring Segall Bryant Hamill is a major step forward as we continue our U.S. expansion,” said Kurt MacAlpine, CI Chief Executive Officer. “SBH has built an incredible business and formed a committed team that embodies the characteristics we look for in our acquisitions. SBH has also displayed a proven ability to adapt to changing market dynamics to deliver a consistently superior level of client service and investment performance through deep fundamental research. I am pleased to announce that the SBH team will remain intact and be a key driver of CI’s growth in the U.S.”

With US$23.1 billion2,3 in assets on its platform and 122 employees, SBH serves a broad array of wealth management, intermediary and institutional clients from offices in Chicago, Denver, Philadelphia, St. Louis and Naples, Florida. Since its founding in 1994, SBH has specialized in providing strong risk-adjusted returns across multiple asset classes to deliver clients customized portfolio solutions and an exceptional client experience.

“The interests of our clients have been at the center of every strategic decision we have made since the firm’s founding over 25 years ago,” said Philip Hildebrandt, Chief Executive Officer of SBH. “Our clients will benefit from the synergies that result when like-minded organizations leverage their talents and resources to enhance the client experience. CI is a strong strategic partner for SBH, providing the capital resources of a large, global investment firm while allowing us to retain our client-centric approach. We are excited to become part of the growing CI family of companies.”

With this acquisition, CI has established a significant presence in U.S. wealth management, both in asset size and geographic reach. It marks CI’s 14th U.S. acquisition (including acquisitions by CI-affiliated RIAs) since January 2020. Following the completion of the SBH transaction, CI’s total North American wealth management assets are expected to be approximately US$82 billion (C$104 billion) and total assets are expected to reach approximately US$205 billion (C$261 billion).1

Cambridge International Partners served as the exclusive financial advisor to SBH. This transaction is expected to close in the second quarter of 2021, subject to regulatory, stock exchange and other customary closing conditions. Financial terms of this transaction were not disclosed.

About Segall Bryant Hamill

Segall Bryant Hamill, LLC is an independent investment firm headquartered in Chicago, with offices in Denver, Philadelphia, St. Louis, and Naples, Florida. The firm was established in 1994 and had over US$23 billion3 in assets under management/assets under advisement as at December 31, 2020. SBH offers a range of investment strategies and customized solutions for institutional, advisor and wealth management clients, including domestic, international and global equity, fixed income and alternatives.

About CI Financial

CI Financial Corp. is an independent company offering global asset management and wealth management advisory services. CI managed and advised on approximately C$231 billion (US$182 billion) in client assets as at December 31, 2020. CI’s primary asset management businesses are CI Global Asset Management (CI Investments Inc.) and GSFM Pty Ltd., and it operates in Canadian wealth management through Assante Wealth Management (Canada) Ltd., CI Private Counsel LP, Aligned Capital Partners Inc., CI Direct Investing (WealthBar Financial Services Inc.), and CI Investment Services Inc.

CI’s U.S. wealth management businesses consist of Balasa Dinverno Foltz LLC, Bowling Portfolio Management LLC, The Cabana Group, LLC, Congress Wealth Management, LLC, Doyle Wealth Management, LLC, One Capital Management, LLC, The Roosevelt Investment Group, LLC, RGT Wealth Advisors, LLC, Stavis Cohen Private Wealth, LLC and Surevest LLC.

CI is listed on the Toronto Stock Exchange under CIX and on the New York Stock Exchange under CIXX.

1 Based on reported assets for SBH and CI as at December 31, 2020.

2 As at December 31, 2020.

3 Model UMA ­assets of approximately US$209 million are included in the AUA portion of the AUM/AUA total.

This press release contains forward-looking statements concerning anticipated future events, results, circumstances, performance or expectations with respect to CI Financial Corp. (“CI”) and its products and services, including its business operations, strategy and financial performance and condition. Forward-looking statements are typically identified by words such as “believe”, “expect”, “foresee”, “forecast”, “anticipate”, “intend”, “estimate”, “goal”, “plan” and “project” and similar references to future periods, or conditional verbs such as “will”, “may”, “should”, “could” or “would”. These statements are not historical facts but instead represent management beliefs regarding future events, many of which by their nature are inherently uncertain and beyond management’s control. Although management believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements involve risks and uncertainties. The material factors and assumptions applied in reaching the conclusions contained in these forward-looking statements include that the acquisition of SBH will be completed and its asset levels will remain stable, the investment fund industry will remain stable and that interest rates will remain relatively stable. Factors that could cause actual results to differ materially from expectations include, among other things, general economic and market conditions, including interest and foreign exchange rates, global financial markets, changes in government regulations or in tax laws, industry competition, technological developments and other factors described or discussed in CI’s disclosure materials filed with applicable securities regulatory authorities from time to time. The foregoing list is not exhaustive and the reader is cautioned to consider these and other factors carefully and not to place undue reliance on forward-looking statements. Other than as specifically required by applicable law, CI undertakes no obligation to update or alter any forward-looking statement after the date on which it is made, whether to reflect new information, future events or otherwise.

Contacts:

Investor Relations

Jason Weyeneth, CFA

Vice-President, Investor Relations Strategy

416-681-8779

jweyeneth@ci.com

Media Relations

United States

Trevor-Davis, Gregory FCA for CI Financial

610-415-1145

cifinancial@gregoryfca.com

Canada

Murray Oxby

Vice-President, Corporate Communications

416-681-3254

moxby@ci.com

Article source: https://metroactive.org/wordpress/2021/01/26/ci-financial-acquires-chicago-based-segall-bryant-hamill-a-leading-institutional-asset-manager-with-us23-billion-in-assets/

Drone Deliver Canada Update On COVID-19 Vaccine Delivery Projects

Drone Delivery Canada Corp. (TSXV: FLT) (OTC: TAKOF) (Frankfurt: A2AMGZ or ABB.F) (the “Company” or “DDC”) is pleased to provide an update on its healthcare related activities.

On January 20th, 2021 the Company presented at the Canadian Institute of Traffic and Transportation (CITT) webinar panel titled “Logistics of a COVID-19 Vaccine for Canada”, alongside esteemed government and logistics industry panelists. DDC was the only drone delivery company on the panel and presented the benefits of drone delivery for pandemic response to remote First Nations communities, especially as related to vaccines.

The Company is in discussions with various Federal and Provincial Government agencies and Canadian logistics providers and is hopeful to commercially participate with its advanced, patented drone delivery as the vaccine distribution plans start to roll out across Canada, and potentially internationally.

The company’s Beausoleil First Nation and Georgina Island First Nation pandemic-related projects were previously announced June 4(th), 2020 and July 30(th), 2020, respectively. They continue to be fully operational as expected with multiple flights daily. The proven Sparrow drone used in both projects is capable of delivering medical supplies, PPE, test kits and vaccines.

The Company has previously successfully demonstrated the ability to transport temperature-controlled medical supplies (University of Saskatchewan project in 2020) and blood tests (Moose Cree First Nation pilot project in 2018) and is confident in its ability to effectively repeat this going forward.

“The healthcare industry is a market where we see significant potential future opportunity because it is a perfect fit for what our system does best – access to remote locations, time-critical deliveries, and limiting person-to-person contact. Since our cargo goes inside the drone, and we use a patented depot-to-depot DroneSpot(TM) network configuration, this results in a safe and secure solution, addressing unique needs for high-value and high-risk cargo, as is typical in healthcare, especially for vaccines,” said Michael Zahra, President CEO of DDC.

About Drone Delivery Canada Corp.Drone Delivery Canada Corp. is a drone technology company focused on the design, development, and implementation of its proprietary logistics software platform, using drones. The Company’s platform will be used as a Software as a Service (SaaS) model for government and corporate organizations globally.

Drone Delivery Canada Corp. is a publicly listed company trading on the TSX.V Exchange under the symbol FLT, on the U.S. OTC Q B market under the symbol TAKOF and on the Frankfurt exchange in Germany under the symbol A2AMGZ or ABB.F .

Read more about the Company at: www.DroneDeliveryCanada.com or on DDC’s social media:

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Notice Regarding Forward Looking Information

Certain information set forth in this news release may contain forward-looking information that involves substantial known and unknown risks and uncertainties. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions, and dependence upon regulatory approvals (both in Canada and internationally). Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward looking information. The parties undertake no obligation to update forward-looking information except as otherwise may be required by applicable securities law.

SOURCE Drone Delivery Canada

View original content: http://www.newswire.ca/en/releases/archive/January2021/20/c4231.html

SOURCE: Drone Delivery Canada

Article source: https://metroactive.org/wordpress/2021/01/21/drone-deliver-canada-update-on-covid-19-vaccine-delivery-projects/

Success Habits – Mastermind Alliance

First of all, you have to define success for yourself. Where do you want success? What aspect of your life? Once you have a goal in mind, then apply the success habits that will take you to your success.

This will be a series as there are many success habits that can be applied. You see we already have habits and many of them are not really good habits. The way it works is that the bad habit needs to be replaced by a good habit.

So, let’s address mastermind alliance as a success habit. I have studied successful entrepreneurs and they all had certain characteristics in common.  Having a mastermind alliance is a really good practice to have whether your goal is business or personal. For instance, having two people working towards losing weight together, forms a mastermind.

Scientific studies and practice have proven that people that work together in perfect harmony on the common goal, achieve more than one person on their own. So, it is important to choose the right partners you need to be successful to achieve your goal(s). Cooperation and a powerful set of combined skills are a key factor for achieving success. It’s the method others use to brainstorm new ideas, create solutions to nagging problems, hold the space for your success and find the solutions to elusive secrets.

Napoleon Hill said as soon as two or more are gathered, there is another invisible force available that helps with obtaining your goals. The following is what he suggested.

A) Ally yourself with a group of as many people as you may need for the creation and carrying out of your plan or plans for the accumulation of money–making use of the “Master Mind” principle.

B) Before forming your “Master Mind” alliance, decide what advantages and benefits you may offer the individual members of your group, in return for their cooperation. No one will work indefinitely without some form of compensation.

C) Arrange to meet with the member(s) of your “Master Mind” group at least twice week and more often if possible, until you have jointly perfected the necessary plan or plans for the accumulation of money or whatever goals you are working on.

D) Maintain perfect harmony between yourself and every member of your “Master Mind” group. If you fail to carry out this instruction to the letter you may expect to meet with failure. The “Master Mind” principle cannot obtain where perfect harmony does not prevail.

One program I have been involved with that assists in creating structure and eliciting new habits is The Master Key Experience. Also using the “Master Mind” principle for accountability, I have been successful with staying on track with my current goals. So, it really comes down to replacing old habits that aren’t working with new ones that are going to take you where you want to go.

If you can manage to turn masterminding into a regular habit, you are more likely to achieve the success you are looking for. If you need help with this, be sure to reach out.

Lead your day.

Charlene Day

Article source: https://metroactive.org/wordpress/2021/01/17/success-habits-mastermind-alliance/

Free Webinar: How To Succeed in Uncertain Times with Warren Coughlin

MetroActive is sponsoring “How To Succeed in Uncertain Times” scheduled for Tuesday, January 12, 2021 at 7:00 P.M. EST via zoom.

This is a free webinar from one of MetroActive’s core members, Warren Coughlin, a leading business coach and co-facilitated by Baldo Minaudo Managing Director of Venturemind Corporation. Warren is leading his clients to prosper during these times, while other companies are going out of business. Baldo has worked as a management consultant and investment banker helping small, medium and large multi-nationals deal with growth challenges and opportunities.

In the webinar, you’ll be shown how to stop reacting and start acting with control to do only what will drive your growth, impact and profitability. In addition, you’ll be able to claim a free 90 Day Planning Template when you register. This grat tool will help you visualize and guide your team to focus on what matters the most.

Warren has developed his own sophisticated tool to assist you with your business growth. He provides this tool as part of his training which is subsidized by the government.

This free one-hour webinar will give you useful insight into how to prosper during these times and beyond. If you’re stuck, lost, confused, or just don’t have a plan to take advantage of the opportunities arising out of these interesting times, then you will benefit from this session.

Space is limited so register at https://bit.ly/3ptGRY6

Article source: https://metroactive.org/wordpress/2021/01/10/free-webinar-how-to-succeed-in-uncertain-times-with-warren-coughlin/

How To Succeed In Uncertain Times

This is a free webinar from one of MetroActive’s core members, Warren Coughlin, a leading business coach. Warren is leading his clients to prosper during these times, while other companies are going out of business.

Warren has developed his own sophisticated tool to assist you with your business growth. He provides this tool as part of his training which is subsidized by the government.

This free one-hour webinar will give you useful insight into how to prosper during these times and beyond. If you’re stuck, lost, confused, or just don’t have a plan to take advantage of the opportunities arising out of these interesting times, then you will benefit from this session.

Space is limited so register now by going to https://bit.ly/3ptGRY6


Article source: https://metroactive.org/wordpress/2020/11/23/how-to-succeed-in-uncertain-times/