Canada’s restaurants need a national working group to bring back 260,000 jobs


As


evolving


restrictions


continue to


stifle


foodservice sales


and


add to


job losses


, Restaurants Canada is


calling for a


national


working group


to


pave the way for the industry’s revival


.

TORONTO, Dec. 08, 2020 (GLOBE NEWSWIRE) — With foodservice businesses continuing to face devastating restrictions, Restaurants Canada is calling for a national working group to lay the groundwork for the industry’s revival in 2021.

“Our members are seeking a new year’s resolution from government, not only to support their survival but our industry’s vital role building back a stronger, more resilient Canada,” said Restaurants Canada President and CEO Todd Barclay. “Restaurants Canada is calling for a national working group to pave the way for the foodservice sector’s revival, building on the commitment in the federal government’s 2020 Fall Economic Statement to provide targeted, sector-specific support to restaurants and other hardest hit businesses.”

Survey reveals
half of
restaurants
at risk of closing
in six months

According to the latest survey from Restaurants Canada:

  • Eight out of 10 restaurants are either losing money or barely scraping by.
    • 65% are continuing to operate at a loss, while 19% are just breaking even.
    • 63% of foodservice businesses that are losing money expect to take at least a year to return to profitability.
  • 48% of single-unit foodservice operators expect to permanently close their establishment within six months if conditions don’t improve, while 56% of multi-unit operators said they expect to close at least one of their locations within the same time period.

Further foodservice job losses recorded for second month in a row

According to the latest Labour Force Survey from Statistics Canada, the foodservice sector lost 72,000 jobs in October and November, after recovering 426,900 jobs from May to September.

This leaves the industry more than 260,000 jobs short of where it was in February. This is still 21% of the restaurant workforce not yet recovered. No other industry continues to face this level of shortfall.

Recommended areas of focus for
a
national
working group

Restaurants Canada recommends setting up a national working group to focus on the following key areas in support of the foodservice sector’s revival:

  • Mechanisms for timely consultation on COVID-19 related aid measures
    , to ensure businesses impacted by significant restrictions are provided sufficient, efficient and effective aid throughout the ongoing economic and public health crisis.
  • Joint communications materials and campaigns to:

    • Reassure Canadians that restaurants provide safe and reliable meal options; and
    • Promote takeout and delivery to show support for struggling entrepreneurs, restaurant staff and local food suppliers.
  • Coordinated action on key issues of concern for foodservice businesses to develop and implement solutions over the short, medium and long term through innovative, multi-stakeholder discussions to ensure restaurant operators are set up for success in the post-pandemic economic environment.

Everyone interested in joining the call for a dedicated working group to help restaurants support Canada’s economic recovery can send a letter to their Member of Parliament at: https://info.restaurantscanada.org/covid19recovery


About the Restaurants Canada survey

Conclusions cited above are based on responses to a Restaurants Canada survey conducted between Nov. 26 and Dec. 4, 2020. Restaurants Canada received a total of
511
completed surveys from foodservice operators across Canada, representing
3
,000 locations (as many respondents belong to multi-unit businesses). Canada’s commercial foodservice industry is made up of 97,500 establishments, including full-service restaurants, quick-service restaurants, caterers and drinking places.


About Restaurants Canada

Restaurants Canada is a national, not-for-profit association advancing the potential of Canada’s diverse and dynamic foodservice industry through member programs, research, advocacy, resources and events. Before the start of the COVID-19 pandemic, Canada’s foodservice sector was a $93 billion industry, directly employing 1.2 million people, providing Canada’s number one source of first jobs and serving 22 million customers across the country every day. The industry has since lost hundreds of thousands of jobs and could lose as much as $
31
billion in sales in 2020 due to the impacts of COVID-19
.

For more information, contact:

Roberto Sarjoo
Director, Marketing and Communications
Restaurants Canada
C: 416-389-7941
[email protected]

Marlee Wasser
Manager, Communications and Stakeholder Relations
Restaurants Canada
T: 416-649-4254
Toll-free: 1-800-387-5649 ext. 4254
[email protected]



All-New PowerGrip GT Extend Line of Synchronous Rubber Belts Reduces Total Cost of Ownership While Providing an Environmentally-Friendly Alternative

Innovative approach to synchronous belt construction delivers improved performance for an expanded range of industrial applications

PR Newswire

DENVER, Dec. 8, 2020 /PRNewswire/ — Gates (NYSE: GTES), a leading global provider of fluid power and power transmission solutions, today unveiled its all-new PowerGrip™ GT™ Extend™ line of industrial synchronous belts, initially available for the Asia-Pacific (APAC) region. Manufactured in region, for region, and engineered with the latest in advanced technology and materials science expertise, Gates PowerGrip GT Extend delivers a better solution for an expanded range of industrial applications.

The new PowerGrip GT Extend lineup is the perfect replacement solution to revitalize existing power transmission drives and is yet another innovative addition to Gates’ industry-leading synchronous belt portfolio. The new materials and construction utilized enable higher power-carrying capacity versus previous HTD (High-Torque Drive) generation belts while delivering larger temperature range capabilities. In addition, PowerGrip GT Extend Belts are manufactured without chlorinated compounds, also offering customers an environmentally friendly solution.

“For over a century, Gates has prided itself on delivering the highest-quality belts in all performance segments, and the launch of the all-new PowerGrip GT Extend Belt affirms our commitment to offering the ideal synchronous belt solutions for our industrial customers,” said Tom Pitstick, CMO and senior vice president of Strategic Planning for Gates. “It also provides customers the perfect complement to Gates’ existing heavy-duty Poly Chain & PowerGrip industrial product lines, enabling further transition away from traditional, high-cost chain drives.”

Utilizing Gates’ renowned innovations in materials science, the PowerGrip GT Extend product is constructed with next-generation ethylene elastomer compounds, allowing for extended application in high and low temperature environments. It features advanced materials including nylon tooth fabric and an industry-leading GT tooth profile to improve power capacity, along with increased chemical resistance.

When compared to a chain drive, the PowerGrip GT Extend solution provides a lighter weight product with zero lubrication or maintenance requirements, resulting in increased uptime and lower total-cost-of-ownership. The belts are also rust-free and safe for use in food-handling and other sensitive manufacturing areas. With reduced environmental risks and improved chemical resistance against common degraders of rubber like alkalis, acids, UV and ozone, PowerGrip GT Extend is the latest in durable, application-specific and environmentally friendly industrial belt solutions offered by Gates.

About Gates
Gates is a global manufacturer of innovative, highly engineered power transmission and fluid power solutions. Gates offers a broad portfolio of products to diverse replacement channel customers and to original equipment (“first-fit”) manufacturers as specified components. Gates participates in many sectors of the industrial and consumer markets. Gates products play essential roles in a diverse range of applications across a wide variety of end markets ranging from harsh and hazardous industries such as agriculture, construction, manufacturing and energy, to everyday consumer applications such as printers, power washers, automatic doors and vacuum cleaners, and virtually every form of transportation. Gates products are sold in 128 countries across four commercial regions: the Americas; Europe, Middle East and Africa; Greater China; and East Asia and India. More about Gates can be found at www.gates.com.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/all-new-powergrip-gt-extend-line-of-synchronous-rubber-belts-reduces-total-cost-of-ownership-while-providing-an-environmentally-friendly-alternative-301188590.html

SOURCE Gates

SHAREHOLDER DEADLINE: Pawar Law Group Announces a Securities Class Action Lawsuit Against Berry Corporation; IMPORTANT DEADLINE – BRY

NEW YORK, Dec. 08, 2020 (GLOBE NEWSWIRE) — Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Berry Corporation (NASDAQ: BRY) (a) pursuant and/or traceable to the Company’s initial public offering conducted on or about July 26, 2018 (the “IPO” or “Offering”); or (b) between July 26, 2018 and November 3, 2020, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Berry Corporation investors under the federal securities laws.

To join the class action, go here or call Vik Pawar, Esq. toll-free at 888-589-9804 or email [email protected] for information on the class action.

According to the lawsuit,  defendants made false and/or misleading statements and/or failed to disclose that: (1) Berry had materially overstated its operational efficiency and stability; (2) Berry’s operational inefficiency and instability would foreseeably necessitate operational improvements that would disrupt the Company’s productivity and increase costs; (3) the foregoing would foreseeably negatively impact the Company’s revenues; and (4) as a result, the Offering Documents and the Company’s public statements were materially false and/or misleading and failed to state information required to be stated therein.

If you wish to serve as lead plaintiff, you must move the Court no later than January 21, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

No class has been certified. Until a class is certified, you are not represented by counsel unless you hire one. You may hire counsel of your choice. You may also do nothing at this time and be an absent member of the class. Your ability to share in any future recovery is not dependent upon being a lead plaintiff.

Pawar Law Group represents investors from around the world. Attorney advertising. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
——————————-

Contact:  
Vik Pawar, Esq.  
Pawar Law Group  
20 Vesey Street, Suite 1410  
New York, NY 10007  
Tel: (917) 261-2277  
Fax: (212) 571-0938  
[email protected]  



Rokmaster Delivers Robust Economics for Revel Ridge: After-Tax NPV(5.0%) of C$423M, 29.5% IRR and 2.6 Years Payback

Canada NewsWire

TSXV: RKR


Frankfurt: 1RR1

OTC Pink:
RKMSF

VANCOUVER, BC, Dec. 8, 2020 /CNW/ – Rokmaster Resources Corp.  (“Rokmaster” or the “Company”) is pleased to announce positive results from the Preliminary Economic Assessment (“PEA”) study prepared in accordance with National Instrument 43-101 by Micon International Limited (“Micon”), supported by Canenco Consulting Corp., Base Metallurgical Laboratories Ltd., Canadian Northern Mining Corp., and Knight Piésold Consulting, for the Revel Ridge polymetallic gold-silver Project (“Revel Ridge” or the “Project”) located in the Revelstoke area of southeastern British Columbia.

The PEA demonstrates the Revel Ridge Project’s potential to become a long life, low cost, robust polymetallic gold-silver mine with strong project economics with a base case gold price of US$1,561/ounce gold. In addition to the PEA, Revel Ridge has significant upside potential to expand current resources through ongoing exploration diamond drilling down dip, up dip, along strike and on other occurrences, with more than 430 samples currently awaiting assay.

Revel Ridge 2020 PEA Highlights (reported in C$, except where noted) include:

  • High-grade underground mine with mill-feed averaging $300/T NSR value (diluted) comprised of the Main Zone with 9.39 MT averaging 4.24 g/t Au, 49.8 g/t Ag, 2.62 % Zn, 1.63 % Pb (diluted) and the Yellow Jacket Zone 0.65 MT averaging 7.47% Zn, 1.90% Pb, 43.0 g/t Ag and 0.06 g/t Au (diluted). Years 1-4 mill-feed will average >$400/T NSR (diluted).
  • After-tax NPV
    5.0% of C$423M and 29.5% IRR at US$1,561/oz Au, US$20.55/oz Ag, US$1.07/lb Zn, and US$0.91/lb Pb.
  • After-tax payback period of 2.6 years discounted at 5.0%.
  • After-tax NPV5.0% CAPEX Ratio of 1.1:1
  • Life of mine (“LOM”) average annual production of 124,000 oz payable AuEq. (89,000 oz Au, 690,000 oz Ag, 37.5 Mlbs Zn, 21.2 Mlbs Pb).
  • LOM all-in sustaining costs (“AISC”) net of Ag-Zn-Pb by-products is US$560/oz payable Au.
  • LOM AISC of US$842/oz payable AuEq. 
  • LOM cash costs net of Ag-Zn-Pb by-products is US$362/oz payable Au.
  • LOM cash costs of US$700/oz payable AuEq. 
  • 2,300 tonne per day (TPD) mill comprising crushing-sorting-grinding-gravity-flotation-POX plant, producing gold/silver doré and saleable zinc and lead concentrates

Notes:

1.

Exchange Rate (US$/C$) of 0.77

2.

Cash costs are inclusive of mining costs, processing costs, and site G&A

3.

AISC includes cash costs plus estimated sustaining capital and closure costs

4.

Payable Gold Equivalent (AuEq) calculated by dividing net sales revenue by $1,556 (i.e., $1,561/oz Au less $5/oz Au refining costs).

Rokmaster’s Chairman, Michael (“Mike”) Cowin stated, “Revel Ridge is a remarkable property that has been worked on since 1912 to unlock its riches. After significant metallurgical, marketing and processing studies, this PEA demonstrates that Revel Ridge has a solid future ahead as a high-grade underground polymetallic gold-silver mine, utilizing conventional mining & processing equipment to produce a combination of saleable concentrates and gold-silver doré. The Project has the potential to produce an average of 124,000 gold-equivalent ounces per year with a diluted mill feed grade of 5.53 grams per tonne gold-equivalent. By selling zinc and lead-silver concentrates to reliable Canadian and offshore smelters and utilizing low risk onsite processing facilities, we are able to keep initial capital costs low and cut marketing risk both short and long term.”

John Mirko, President and CEO of Rokmaster commented “This is a very strong start to a project with significant exploration upside. As a historical exploration site, Revel Ridge benefits from tremendous infrastructure in the nearby area and on-site installed by the previous developers, in addition to its location in a favourable, mine-friendly jurisdiction. Rokmaster’s team has substantial experience with permitting, constructing and operating mines in the Kootenay region and has demonstrable history of supporting community through mine development with low environmental impact.”

PEA Overview

The 2020 Revel Ridge PEA considers an underground mine with on-site treatment of the mined material by conventional milling, gravity and flotation to produce concentrates for sale to third-party smelters, in combination with on-site treatment of refractory gold concentrates to produce gold-silver doré. The mine will comprise an owner-operated, ramp developed, long hole stope underground mine.

The processing capacity of 2,300 tonnes per day will result in a production lifespan of 12 years. An additional 18 months of mine ramp access and development, and construction of the process plant and dry-stack tailings facility is planned prior to the Project becoming fully operational in Year 1. The PEA leverages Revel Ridge’s extensive existing infrastructure, including all-weather access roads, local hydroelectric facilities, 3 km of underground development, permitted waste rock storage facility, full camp facility and proximity to the City of Revelstoke with its skilled labour pool.

The PEA is derived from the Company’s NI 43-101 resource estimate (January 29, 2020), and does not include results from the recently initiated and ongoing 2020 exploration diamond drilling program. The effective date of the PEA is December 8, 2020 and a technical report will be filed on the Company’s website and on SEDAR within 45 days of this disclosure.

Mineral resources that are not mineral reserves do not have demonstrated economic viability. This PEA is preliminary innature and includes inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the results of this PEA will be realized.

Table 1: Revel Ridge 2020 PEA Detailed Parameters and Outputs


Assumptions

Gold Price (US$/oz)

$1,561

Silver Price (US$/oz)

$20.55

Zinc Price (US$/lb)

$1.07

Lead Price (US$/lb)

$0.91

Exchange Rate (US$/C$)

0.77

Royalties

0%


Contained Metals in Mill Feed

Contained Gold Ounces (koz)

1,280

Contained Silver Ounces (koz)

15,934

Contained AuEq Ounces (koz)

1,785


Mining

Mine Life (Years)

12


Main Zone LOM production (MT, diluted)


9.39

Average Diluted Gold Grade (g/T)

4.24

Average Diluted Silver Grade (g/T)

49.8

Average Diluted Zinc Grade %

2.62

Average Diluted Lead Grade %

1.63


Yellow Jacket Zone LOM production (Mt, diluted)


0.65

Average Diluted Gold Grade (g/T)

0.06

Average Diluted Silver Grade (g/T)

43.00

Average Diluted Zinc Grade %

7.47

Average Diluted Lead Grade %

1.90


Processing

Processing Throughput (TPD)

2,300

Total Mill-feed Tonnage (MT)

10,04

Average revenue per tonne treated (C$/T)

300.25

Average Diluted Gold Equivalent Grade (g/T AuEq)

5.53


Production

Gold Recovery

83.5%

Silver Recovery

52.0%

LOM Gold Production (koz)

1,068

LOM Silver Production (koz)

8,282

LOM Zinc Production (Mlbs)

450

LOM Lead Production (Mlbs)

255

LOM Gold Equivalent Production (koz AuEq)

1,490

LOM Average Annual Gold Production (koz)

89

LOM Average Annual Silver Production (koz)

690

LOM Average Annual Gold Equivalent Production (koz)

124


Operating Costs

Mining Cost (C$/T Milled)

$62.42

Processing Cost (C$/T Milled)

$65.07

G&A Cost (C$/T Milled)

$7.59

Total Operating Cost (C$/T Milled)

$135.08


Cash Costs and AISC

LOM Cash Cost (US$/oz Au) Net of Silver-Zinc-Lead By-Products

$362

LOM Cash Cost (US$/oz AuEq) Co-Product

$700

LOM AISC (US$/oz Au) Net of Silver-Zinc-Lead By-Products

$560

LOM AISC (US$/oz AuEq) Co-Product

$842


Capital Expenditures

Pre-Production Capital Expenditures (C$M)

$396

Sustaining Capital Expenditures (C$M)

$274

Reclamation Cost (C$M)

$6.5


Economics

After-Tax NPV (5.0%) (C$M)

$423

After-Tax NPV (7.5%) (C$M)

$345

After-Tax NPV (10.0%) (C$M)

$279

After-Tax IRR(%)

29.5

After-Tax Payback Period, base case discounted at 7.5% (Years)

2.7

After-Tax NPV7.5:CAPEX Ratio

0.9:1

Pre-Tax NPV (5.0%) (C$M)

$689

Pre-Tax NPV (7.5%) (C$M)

$578

Pre-Tax NPV (10.0%) (C$M)

$484

Pre-Tax IRR (%)

39.6

Pre-Tax NPV7.5:CAPEX Ratio

1.5:1

Average Annual After-Tax Free Cash Flow (Year 1-5) (C$M)

$160

LOM After-Tax Free Cash Flow (C$M)

$630

Notes:

1.

Cash costs are inclusive of mining costs, processing costs, and site G&A

2.

AISC includes cash costs plus corporate G&A, sustaining capital and closure costs

3.

Payable Gold Equivalent (AuEq) calculated by dividing net sales revenue by $1,556 (i.e., $1,561/oz Au less $5/oz Au refining costs).

Sensitivities

Base case NPV7.5% remains positive for changes of 25% in revenue drivers (commodity prices, grade, and recovery), capital expenditure or operating costs. After-tax economic sensitivities to commodity prices are presented in Table 2 illustrating the effects of varying gold price as compared to the base-case. Additional Project sensitivities will be presented in the Technical Report.

Table 2: After-Tax NPV and IRR Sensitivities to Commodity Prices


Lower
Case


Base
Case


Higher
Case

Gold Price (US$/oz)

$1,400


$1,561

$1,700

After-Tax NPV (5.0%) (C$M)

307


423

523

After-Tax NPV (7.5%) (C$M)

242


345

433

After-Tax NPV (10.0%) (C$M)

187


279

358

After-Tax IRR (%)

23.6


29.5

34.4

After-Tax Payback discounted at 7.5% (Years)

3.2


2.7

2.4

Average Annual After-Tax Free Cash Flow (Years 1-5) (C$M)

140


160

177

Revel Ridge Mineral Resource Estimate

The Company’s current Mineral Resource Estimate (“MRE”); please refer to the technical report entitled “Updated Technical Report on the Revel Ridge Property (formerly J&L Property), Revelstoke Mining Division, British Columbia, Canada” dated February 25, 2020 with an effective date of January 29, 2020) completed by P&E Mining Consultants forms the basis for this PEA. The MRE does not include drilling results from the Company’s recently initiated and ongoing 2020 exploration diamond drill program.

Table 3:  Mineral Resources reported at CAD 110/t NSR cut-off (effective date: January 29, 2020):


Mineralized


Zone


Classification


Tonnes


(k)


Au


(g/t)


Au


(koz)


Ag


(g/t)


Ag


(koz)


Pb


(%)


Zn


(%)


Au Eq



(g/t)


Au Eq


(koz)


Main Zone

Measured

1,352

6.13

266

62.8

2,730

2.19

4.09

9.14

397

Indicated

2,848

5.33

488

49

4,487

1.72

3.11

7.56

692


Meas & Ind


4,200


5.59


755


53.4


7,216


1.87


3.43


8.07


1,089

Inferred

4,562

4.36

639

61.8

9,064

1.88

2.59

6.55

961


HW Zone


Indicated


298


0.91


9


55.3


530


2.5


5.72


4.70


45

Inferred

38

0.22

0

75

92

3.08

5.44

4.34

5


FW Zone

Inferred

341

3.91

43

25.3

277

0.53

0.48

4.20

46


Yellowjacket Zone


Indicated


771


0.09


2


62.6


1,552


2.6


9.93


NA


NA

Inferred

23

0.11

0

55.4

41

2.65

7.68

NA

NA


1)


Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability.  The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues.


2)


The Inferred Mineral Resource in this estimate has a lower level of confidence than that applied to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of the Inferred Mineral Resource could be upgraded to an Indicated Mineral Resource with continued exploration.


3)


The Mineral Resources in this estimate were calculated using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM Council.


4)


The following parameters were used to derive the NSR block model cut-off values used to define the Mineral Resource:


Dec 31, 2019 US$ two-year trailing avg. metal prices:


– Pb $0.96/lb, Zn $1.24/lb, Au $1,331/oz, Ag $15.95/oz


– Exchange rate of US$0.76 = CDN $1.00


– Process recoveries of Pb 74%, Zn 75%, Au 91%, Ag 80%


– Smelter payables of Pb 95%, Zn 85%, Au 96%, Ag 91%


– Refining charges of Au US$10/oz, Ag US$0.50/oz


– Concentrate freight charges of C$65/t and Smelter treatment charge of US185/t


– Mass pull of 5% and 8% concentrate moisture content.


5)


NSR cut-off of CDN$110 per tonne was derived from $75/t mining, $25/t processing, $10/t G&A.


6)


AuEq= Au g/t + (Ag g/t x 0.011) + (Pb % x 0.422) + (Zn % x 0.455)


7)


Above parameters derived from 2012 PEA and other similar benchmarked projects.

Mining Overview

An underground mining scenario is the basis for this PEA. The owner-operated and leased mining fleet will utilize conventional trackless haulage and long-hole stoping with backfill using process tailings (paste) and waste rock.

The mine designs and scheduling were engineered to provide 840 kt per year of mineralization to the 2,300 TPD process plant. A total of 10.04 Mt of diluted mill feed comprising of Main Zone mineralisation with 9.39 MT averaging 4.24 g/t Au, 49.8 g/t Ag, 2.62 % Zn, 1.63 % Pb (diluted) and Yellow Jacket Zone mineralisation of 0.65 MT averaging 7.47% Zn, 1.90% Pb, 43.0 g/t Ag and 0.06 g/t Au (diluted) is expected to be processed over the LOM. Mill feed will be trucked from underground to the process facility located proximal to the main portal. Waste rock that cannot be accommodated within the mine as backfill will be stored together with dry-stack tailings in a facility constructed adjacent to the process plant. Underground mining dilution has been accounted for in the minimum 2.5 m width of stope shapes, with an additional allowance for overbreak. Total dilution in the Main zone is estimated at 32.1% and in the Yellow Jacket Zone at 38.7%.

Metallurgical Optimizations

To support this PEA, recent metallurgical test work was supervised by Canenco Consulting Corp. and flowsheet developmental test work was undertaken at Base Metallurgical Laboratories Ltd. using samples from the Main Zone, which represent a significant proportion of the mine plan. The 2020 metallurgical program has focused on optimizing sulphide flotation, resulting in similar recoveries but lower mass pulls than was indicated by earlier studies. Overall recoveries to payable product in the PEA are 83.5%, 52.0%, 70.0% and 69.2% for gold, silver, lead and zinc respectively.

Processing Overview

Run-of-mine (ROM) material is crushed and screened before dense media separation (DMS) to remove gangue. The beneficiated material reports to the milling, gravity and flotation circuits where lead and zinc sulphide concentrates are separated and dewatered for sale while the refractory sulphides are collected and treated by pressure oxidation (POX) to facilitate extraction of gold and silver by conventional CIL, electrowinning and smelting to doré bars.

Concentrate Marketing Studies

Multiple marketing assessments have been completed to support this PEA which confirm that Revel Ridge zinc and lead-silver-gold concentrates are readily saleable. At the same time, it became apparent that the economic returns from treating refractory material on site are significantly better, and reduces marketing risk, than those of entering into offtake agreements utilizing Asian smelters and third party POX plants.

Capital Costs

Table 4: Project Capital Cost Estimates (C$M) (totals may differ due to rounding):


Initial


Sustaining


LOM



Total


Mine

Underground Development

$29.18

$104.37

$133.55

Mining Equipment leases

$4.62

$89.38

$94.00

Mine Infrastructure

$0.50

$0.50


Sub-Total Mine


$33.79


$194.25


$228.05


Processing

Crushing, grinding, DMS

$13.19

$13.19

Flotation

$13.13

$13.13

Dewatering, tailings, paste

$7.68

$7.68

POX/CIL/gold room

$104.88

$7.48

$112.36

Installation costs

$47.78

$47.78

Site prep, buildings

14.50

$14.50


Sub-Total Processing


$201.16


$7.48


$208.64


Infrastructure

Power

$19.45

$19.45

TSF, Water Supply & Treatment

$16.14

$63.14

$79.28

Other infrastructure

$5.57

$5.57


Sub-Total Infrastructure


$41.16


$63.14


$104.30


Total Direct


$276.11


$264.87


$540.98


Indirect

$49.53

$49.53


Owner’s Costs

$7.93

$7.93

Total excluding contingency

$333.57

$264.87

$598.44

Project Contingency

$62.39

$8.95

$71.34


Sub-total including contingency


$395.96


$273.82


$669.78

Closure

$6.50

$6.50


Total


$395.96


$280.32


$676.28

Environmental and Permitting Considerations

Revel Ridge represents an existing exploration site with existing permits for mine discharge and waste disposal. The site has been maintained in good standing and environmental monitoring has been ongoing during operations and since the site was last active in 2012. There is a substantial database of environmental information for the site and region spanning almost 37 years. To accommodate the mine design contemplated by the PEA, updated environmental assessment and mine permits will be required. The Company is currently performing an analysis of existing environmental data to identify additional data needs with the intent of carrying out environmental baseline studies to advance the permitting process.

Community Relations

Rokmaster team members have maintained a long-standing historical relationship with several local communities and First Nations during past exploration, development and mining operations in the region since 1986.

Conclusion and Recommendations

The 2020 PEA clearly demonstrates that Revel Ridge has the potential to become a commercially viable project. Additional opportunities and next steps include:

  • Continued exploration and infill drilling for conversion of inferred resources to the measured and indicated categories
  • Potential for expansion and upgrading of the existing underground resources
  • Mine scheduling investigations allowing for further optimization of blending scenarios
  • Supplementary metallurgical optimizations including deposit-wide variability testing
  • Analyses and environmental baseline studies to support expedited permitting
  • Further optimization of water management infrastructure

Qualified Persons

  1. Eugene Puritch, P.Eng., FEC, CET
  2. Fred Brown, P.Geo.
  3. Alfred Hayden, P.Eng.
  4. Jarita Barry, P.Geo.
  5. Richard Routledge, P.Geo.
  6. Nigel Fung. P.Eng.
  7. Richard Gowans, P.Eng.

All Qualified Persons have contributed to their corresponding sections in Interpretation and Recommendations of the Technical Report, and have reviewed and approved the scientific, technical and economic information contained in this news release.

The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting the exploration and development activities on its projects.

About Rokmaster

Rokmaster’s focus is on exploring for base and precious metals, and its flagship asset is its option to earn 100% of the Revel Ridge polymetallic precious metals project situated in the prolific Kootenay Arc.  Please refer to the technical report titled “Updated Technical Report on the Revel Ridge Property (formerly J&L Property), Revelstoke Mining Division, British Columbia, Canada” dated February 25, 2020 with an effective date of January 29, 2020, which the Company has filed on SEDAR.

On behalf of the Board of Directors,

“John Mirko”

John Mirko, President and Chief Executive Officer.

Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Forward-looking Information

This release contains “forward-looking information” within the meaning of applicable Canadian securities legislation, including predictions, projections and forecasts. Forward-looking information includes, but are not limited to, statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such things as the results of the PEA.

Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “planning”, “planned”, “expects” or “looking forward”, “does not expect”, “continues”, “scheduled”, “estimates”, “forecasts”, “intends”, “potential”, “anticipates”, “does not anticipate” or “belief” or describes a “goal” or variation 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.

Forward-looking information is based on a number of material factors and assumptions, including, the result of drilling and exploration activities, that contracted parties provide goods and/or services on the agreed timeframes, that equipment necessary for exploration is available as scheduled and does not incur unforeseen breakdowns, that no labour shortages or delays are incurred, that plant and equipment function as specified, that no unusual geological or technical problems occur, and that laboratory and other related services are available and perform as contracted.

Forward-looking information involves known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, risks related to the fluctuations in metal prices; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfil expectations and realize the perceived potential of the Project; changes in project parameters as plans continue to be refined; risks related to the Armex litigation; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses; the risk of environmental contamination or damage resulting from Rokmaster’s operations and other risks and uncertainties; the failure of contracted parties to perform; labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of exploration, as well as those factors disclosed in the Company’s publicly filed documents.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking 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. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.

SOURCE Rokmaster Resources Corp.

Sirius Group Expands New Excess & Surplus Lines (E&S) Platform

HAMILTON, Bermuda, Dec. 08, 2020 (GLOBE NEWSWIRE) — Sirius International Insurance Group, Ltd. (Nasdaq:SG) (“Sirius Group” or the “Company”) today announced that, effective January 1, 2021, the Group’s new U.S.-based Excess & Surplus Lines (E&S) platform called Sirius Specialty Insurance Company (SSIC) will begin underwriting business produced by the Company’s Environmental Division. Earlier this year, Sirius Group was granted authority to establish the New Hampshire based domestic surplus lines insurer with authority for various lines of business, including Accident & Health and Property and Casualty.

“Sirius launched its Environmental US Specialty Insurance business in 2017 and we continue to look for opportunities to expand our offerings and enter new lines of business in the Specialty Insurance market,” said Dan Wilson, Sirius Group President, U.S. Specialty Insurance. “With the hardening rates in the E&S market, we see a significant opportunity in this space and our new E&S platform enables us to diversify our specialty insurance operations in the US.”

SSIC was capitalized in August 2020 and began issuing certain travel/health insurance policies in September 2020. Sirius Group’s Environmental and Construction Professional team will begin underwriting on behalf of SSIC in January 2021.

“Our broker partners asked us for easier access to the E&S market and, by launching our new U.S. based platform, we have simplified our structure and SSIC is now listed as a domestic insurer with the National Association of Insurance Companies (NAIC) with widespread eligibility throughout the US,” said Doug Stepenosky, Sirius Group Managing Director, Environmental and Construction Professional team. “Sirius Group is committed to offering solutions to meet the needs of our partners and our US E&S platform is another step forward in our strategic plan.”

Sirius Group’s Environmental and Construction Professional team have vast underwriting and insurance-related experience and are able to provide solutions tailored to protect businesses from unique environmental and professional exposures. Employing a customer-focused approach enables the team to provide clients with a full suite of products encompassing fixed facilities, contracting services and professional liability with both primary and excess capability.

About Sirius Group

Sirius Group, with $2.4 billion of total capital and roots dating back to 1945, is a global multi-line (re)insurer headquartered in Bermuda with a unique global branch network, including offices in Stockholm, New York and London. Sirius Group’s success over the years has come from working with honest, capable partners. Sirius Group provides a fully diversified set of tailored risk products to clients in approximately 150 countries, including health and travel products to consumers through its two managing general underwriters, ArmadaCorp Capital, LLC and International Medical Group. Sirius Group has been publicly traded since November 2018. You can learn more by visiting www.siriusgroup.com.

Source: Sirius International Insurance Group, Ltd.

Media
Contact:
Sirius Group
[email protected]



Cisco Announces Three New Webex Devices To Empower the Remote Worker and Enable a Safe Return to Office

PR Newswire

SAN JOSE, Calif., Dec. 8, 2020 /PRNewswire/ —

News Summary: 

  • Webex Desk Camera: perfect for both the home or the office with an industry-first AI feature.
  • Webex Desk Hub: introduces a brand new category that simplifies hotdesking.
  • Webex Desk: packed with intelligent features users want like noise cancellation and virtual backgrounds.

Today at WebexOne, Cisco expanded its line-up of collaboration devices designed to empower the remote worker and enable a safe return to the office. The three new devices joining our intelligent Webex device portfolio are Webex Desk Camera, Webex Desk Hub and Webex Desk. 

“Customers are rethinking their office spaces—many are moving towards hybrid work,” – Jeetu Patel, Cisco.

It’s clear that the future of work will involve a combination of remote and on-site interactions, known as hybrid-work. As the hybrid workplace takes shape, it’s important that you have seamless, smart experiences whether you’re at home or in the office—or somewhere in between. Together with the rest of Cisco’s intelligent portfolio, the new devices announced today provide such experiences.

“Customers are telling us that they are rethinking their office spaces—many are moving towards hybrid work with more people working at home and more hotdesks in the office,” said Jeetu Patel, SVP and GM, Security & Applications, Cisco. “So we are excited to be introducing two new devices, Webex Desk Camera and Webex Desk, that can be used at home or in the office as well as a brand new device called the Webex Desk Hub—a first for the industry—that allows personalized working in a shared space.”

Details:

  • Webex Desk Camera. Packed with the intelligent features you already know from our video portfolio – like facial recognition and occupancy metrics – the Webex Desk Camera is perfect for both the home or the office. And in an industry first that no other USB camera can do, you can now mute and unmute your microphone with a simple gesture—without ever touching your computer. Powered by the Webex platform like the rest of our desk portfolio, IT can manage the Desk Camera at scale so you’ll never miss an update and never be without support. This means that even in an ever-evolving workplace, IT can meet the needs of the workforce – wherever they are.

  • Preview: Webex Desk Hub. With many organizations rethinking and reconfiguring their office space,  getting back to the office may mean less desk space and more hotdesking for employees. With the new Webex Desk Hub, it’s super simple to make any available desk your personal space.  This new category of device is powerful enough to provide amazing quality video meetings and phone calls but also allows you to pair, charge, and connect all the things you’ve come to rely on for productivity and collaboration such as your own camera, headset, display, laptop and mobile. It is wrapped with intelligence to provide a consistent experience that enables you to get stuff done. In addition, Webex Desk Hub lets you reserve a desk using your laptop, badge or cell phone to authenticate your identity. This is not a basic device for hotdesking as you know it; the Webex Desk Hub is truly built for a new way of working. Of course, it’s not only easy to use but also to manage. The Webex Desk Hub gathers real-time environmental data, occupancy, and desk usage to help manage the new office space. Or use it to deploy digital signage with reminders to help enable a safe return. 

  • Preview: Webex Desk. Just like it’s “big sister” the Webex Desk Pro, the Webex Desk allows you to engage your audience by using slides or videos as your backdrop while you present—a feature we call “immersive presenter”. It transforms your experience by enabling you to connect to meetings, co-create and stay productive whether you’re at home or in the office. It is competitively priced for an all-in-one device with intelligent features users want like noise cancellation, virtual backgrounds and facial recognition. Use it as your primary display and connect to any meetings service. With a high-quality camera, microphone and speakers, it is super simple to set up, with no IT or technical knowledge required. You can be up and running in minutes.

Additional Resources

  • Also announced today: the all new Webex with more than 50 new features and the new Webex App Hub with integrations to simplify workflows.
  • Comes on the heels of Cisco announcing an agreement to acquire IMImobile and intent to acquire Slido.

About Cisco 

Cisco (NASDAQ: CSCO) is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your data, transforming your infrastructure, and empowering your teams for a global and inclusive future. Discover more on The Network and follow us on Twitter.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco’s trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.

 

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SOURCE Cisco Systems, Inc.

Chico’s FAS Launches Same-Day Delivery for Last-Minute Holiday Shopping

The Leading Apparel Company Partners with Roadie to Expand Convenient Delivery Options

PR Newswire

FORT MYERS, Fla., Dec. 8, 2020 /PRNewswire/ — Chico’s FAS (NYSE: CHS), a leading omnichannel specialty fashion retailer for women, today announced it is offering same-day delivery from its’ Chico’s, White House Black Market and Soma boutiques across the U.S. The same-day service is now available in 97 percent of the company’s boutiques for last-minute holiday shopping.

Chico’s FAS entered into a new strategic partnership with Roadie, the delivery platform with the nation’s largest local same-day footprint, to offer customers the safety and convenience of shopping online for their favorite intimates, pajamas, apparel, shoes and accessories and the option to request four-hour, same-day delivery at the time their BOPIS and curbside orders are available for pick up. The partnership with Roadie is the latest in a series of investments to accelerate Chico’s FAS digital transformation and enhance its position as a customer-led, digital-first company.  

“Chico’s FAS moved swiftly to provide same day delivery as an additional shipping option for customers, even when holiday shipping deadlines have passed,” said Molly Langenstein, President and Chief Executive Officer, Chico’s FAS. “As a customer-centric company, we are regularly creating opportunities to shop our brands with ease, confidence and convenience, whether customers are shopping for themselves or purchasing gifts for family and friends who may live out of state.”

The company continues grow its digital footprint across each of its brands, which is driven, in part, by its omnichannel investments. Nearly two years ago, Chico’s FAS launched StyleConnectTM, its proprietary digital styling tool to connect customers with her style expert to receive personalized styling advice. This fall, the company expanded its digital footprint by accelerating the launch of MyClosetTM, a personalized shopping feature to augment customers’ closets by coordinating with past purchases. As a result, all three brands are experiencing higher digital conversion rates and increases in digital sales. Partnering with Roadie expands the company’s omnichannel presence by providing an additional shipping option when customers use Chico’s FAS digital channels to shop their favorite styles. 

“This holiday season, shoppers are relying on same-day delivery more than ever to get their gifts in time while staying safe,” said Marc Gorlin, Roadie’s Founder and CEO. “Whether you’re shopping for someone else or you just need a special sweater for your holiday Zoom calls, we’re proud to help Chico’s, White House Black Market and Soma shoppers get whatever they need, right to their doorsteps.”

ABOUT CHICO’S FAS, INC.

Chico’s FAS is a Florida-based fashion company founded in 1983 on Sanibel Island, Fla. The Company reinvented the fashion retail experience by creating fashion communities anchored by service, which puts the customer at the center of everything we do. As one of the leading fashion retailers in North America, Chico’s FAS is a company of three unique brands – Chico’s®, White House Black Market® and Soma® – each thriving in their own white space, founded by women, led by women, providing solutions that millions of women say give them confidence and joy.

Our Company has a passion for fashion, and each day, we provide clothing, shoes and accessories, intimate apparel and expert styling in our brick-and-mortar boutiques, digital online boutiques and through StyleConnectTM, the Company’s proprietary digital styling tool that enables customers to conveniently shop wherever, whenever and however they prefer.

As of October 31, 2020, the Company operated 1,310 stores in the U.S. and sold merchandise through 68 international franchise locations in Mexico and 2 domestic franchise airport locations. The Company’s merchandise is also available at www.chicos.comwww.chicosofftherack.comwww.whbm.comwww.soma.com and www.mytelltale.com as well as through third-party channels.

ABOUT ROADIE
Roadie is the nation’s first “on-the way” crowdsourced delivery platform. Founded in 2014, Roadie works with consumers, small businesses and corporations across virtually every industry to provide a faster, cheaper, more scalable solution for scheduled, same-day and urgent delivery. With over 200,000 verified drivers, Roadie covers 89% of U.S. households — the largest local same-day delivery footprint in the nation.

Roadie is backed by Warren Stephens of Stephens Inc.; The Home Depot; the UPS Strategic Enterprise Fund; Eric Schmidt’s TomorrowVentures; David Bonderman, founder of TPG Capital; Guggenheim Partners’ Executive Chairman Alan Schwartz; Square Co-founder Jim McKelvey; among others. For more information, visit www.roadie.com.

Contact:
Pashen Black
Director, Corporate Public Relations
239-218-3388

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SOURCE Chico’s FAS, Inc.

Cisco Doubles Down on Webex Ecosystem and Accelerates Webex App Hub, Enabling a Seamless Experience Between the Platforms You Love

PR Newswire

SAN JOSE, Calif., Dec. 8, 2020 /PRNewswire/ —

News Summary: 

  • The new Webex App Hub is a premier collaboration app ecosystem that includes prebuilt integrations.
  • These integrations make it easy for users to move seamlessly between their favorite apps and for IT to simplify workloads by adding Webex into existing applications. 
  • Today we announce several key integrations: Box, Dropbox, Miro, MURAL, Salesforce, ServiceNow and Workplace from Facebook; many more coming soon. 

Announced today at WebexOne, the all new Webex is not just a powerful suite of apps, it is also a platform that helps everyone to have a seamless experience as they move between Webex and their other favorite apps. Our platform starts with a powerful programmability and extensibility layer via our open APIs and SDKs.  This lets anyone get the capabilities they need with Webex– across calling, messaging, meetings, devices, intelligence and analytics. 

“Regardless what application someone is using, they should be able to work seamlessly with Webex” – Jeetu Patel, Cisco

To ensure everyone can benefit from this platform, today we announce the new Webex App Hub. Available today, the App Hub is where we make it easy for users to find and use integrations within a Webex messaging space, and soon you’ll be able to experience the same thing in a Webex meeting. Users will be able to easily add and collaborate with third-party applications while in a Webex meeting, then save the work to follow up afterwards. Of course, the App Hub also is great for IT managers who are looking to make native integrations company-wide.

“Our vision with building a strong open ecosystem-based approach for partners is to make sure that regardless of the application someone is using, they can work seamlessly with Webex, where the experience is magical and fully integrated for the user,” said Jeetu Patel, SVP and GM, Security & Applications, Cisco.

Today we announce the following upcoming integrations, and many more will soon follow:

Box: Get the most of your Webex meetings with content stored in Box. Currently, Box and Webex are integrated such that you can easily share and manage Box content when you’re in Webex. We are now taking this integration to the next level so that from within Box, you get embedded access to Webex enabling you to start or schedule a Webex meeting, and share content with a Webex Space – either with an existing Space or a newly created Space – all without leaving Box. All Webex content sharing events are captured in the Box activity feed.


Aaron Levie, CEO, Box:
“As we continue to manage our ‘new normal’, organizations are continuously looking for tools that help employees work more securely and seamlessly from any device, location, and application. We are thrilled to expand our partnership with Cisco to create an even deeper integration between Box and Webex that enables secure work for our joint customers.”

Dropbox: For Dropbox users, the powerful integration coming between Dropbox and Webex will help drive more effective meetings. Click and select a file in Dropbox to share during a Webex meeting. Leverage Dropbox in Webex to easily capture notes, agendas, and follow-up tasks to share with the team or move from chat to a meeting without leaving the UI. Meeting artifacts such as recordings are accessible in Dropbox after the meeting for offline playback.


Drew Houston,

Co-founder and Chief Executive Officer
, Dropbox: “We lose a lot of context when working remotely, and it’s easy for things like meeting notes, action items, comments, and follow-up tasks to get lost in the shuffle of video meetings. We’re excited to team up with Webex to provide an organized, centralized repository to keep teams connected and ensure people never miss a beat, no matter where they’re working from.”

Miro: Harness the power of visual thinking and team collaboration by using Miro within Webex. This integration allows you to embed any Miro board directly inside of your Webex project space for everything from ideation and workshopping to product planning and design without ever leaving your meeting.


Andrey Khusid, Miro CEO and Founder, Miro:
 “Now more than ever, it’s critical for enterprise teams to have swift access to tools that boost engagement and creativity. The seamless integration between Miro and Cisco’s Webex gives meeting participants the collaborative superpowers they need.”

MURAL: Offering an enhanced layer of engagement to video meetings from within Webex, MURAL helps distributed teams share, think, and solve problems together through visual collaboration. The integrated solution will give every team member a voice and makes remote planning, Agile ceremonies, design sprints, brainstorming sessions, and client collaboration more productive and fun. 


Mariano Suarez-Battan, co-founder and CEO of MURAL:
“The world’s largest enterprise companies look to MURAL to help teams collaborate securely and visually so their ideas can be understood, improved, and acted on faster. Combined with Webex video technology, MURAL helps teams activate imagination together, no matter where they are.”

Salesforce:  Bringing Webex and Salesforce together can make sales activities and motions 10x better and help drive quotes to cash. Within Salesforce, your Webex meetings, messages and calls will be associated with Leads and Opportunities.  These custom Webex objects will be delivered through the Salesforce AppExchange.

ServiceNow: Our integration with ServiceNow incident management means Webex actions related to Meetings, Calling and Messaging become “in agent” workflows, eliminating manual repetitive tasks and context switching.

Chirantan “CJ” Desai, Chief Product Officer, ServiceNow: “Organizations are continuing to seek digital tools that enable seamless experiences for their employees and customers in the COVID economy. ServiceNow is pleased to be working with Cisco to provide incident management experiences that will enable more seamless Webex collaboration and communication for users.”

Workplace from Facebook: Workplace and Cisco are coming together to improve employee communications for all organizations, particularly those with frontline employees and distributed teams split between working in-office and from home. Now, joint customers can broadcast Webex video live to Workplace and users will also be able to interact (like, comment, react, ask questions, use polls, etc.) during Webex broadcasts, for real-time engagement. Upcoming product experiences will include being able to use Workplace with Webex hardware, and Workplace live engagement features being brought into the Webex experience. Additionally, we have announced a combined offer: Webex customers who are new to Workplace will receive six months’ access to Workplace Advanced at no cost. Workplace customers who are new to Webex will receive special discounts off Webex software and hardware devices (all offers subject to limitations).


Karandeep Anand, VP, Workplace from Facebook:
“Cisco’s industry-leading video conferencing technology, security, and scalability, coupled with Workplace’s community-building engagement platform for businesses, built on 15+ years of experience connecting people on Facebook, is a powerful combination. In just a single click, companies will be able to use Cisco’s hardware and software to go live and connect directly with others through reactions, comments, and Q&As – turning broadcast experiences into real asynchronous conversations, regardless of where or how people work. Together, we are able to offer the best of breed from both companies that will unlock engagement at levels like never before.”

About Cisco 

Cisco (NASDAQ: CSCO) is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your data, transforming your infrastructure, and empowering your teams for a global and inclusive future. Discover more on The Network and follow us on Twitter.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco’s trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.

 

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SOURCE Cisco Systems, Inc.

Cisco Announces Wave of Webex Innovation to Drive 10x Better Than In-Person Experiences and Much More

PR Newswire

SAN JOSE, Calif., Dec. 8, 2020 /PRNewswire/ —

News Summary: 

  • All new Webex for meetings, messaging and calling announced with a ton of new functionality.
  • Expanded People Insights with new features that deliver highly personalized insights and actionable recommendations to individuals and teams.
  • New Webex Contact Center that delivers powerful new benefits for agents, customers and businesses of all sizes.
  • Also announced today: three brand new devices for workers and the new Webex App Hub with integrations to simplify workflows.
  • Comes on the heels of Cisco announcing an agreement to acquire IMImobile and intent to acquire Slido.

Today, at WebexOne, Cisco announced a wave of Webex innovation to help organizations collaborate seamlessly and transform their employee and customer experiences. Taking place today and tomorrow, WebexOne is Cisco’s premier digital collaboration conference that brings together thought leaders, customers and partners to discuss the future of work.

“We are driven to deliver a Webex experience that is 10x better than in-person.” – Jeetu Patel, Cisco.

Webex has a rich history of helping employees innovate and remain productive wherever they are. Since the pandemic, Webex has not only continued to help businesses thrive, it has also been an integral platform for governments to continue to lead remotely, doctors to meet with patients safely, and educators to teach students at a distance. It’s clear that the future of work will involve a combination of remote and on-site interactions, known as hybrid-work. Cisco has a clear vision of how technology can help customers realize that future today and create a more inclusive world for all.

“Cisco’s purpose is to power an Inclusive Future, and collaboration technology plays a critical role in leveling the playing field so everyone is able to participate in the global economy regardless of geography, language and personality type. This is why we are driven to deliver a Webex experience that is 10x better than in-person—and at the same time make in-person interactions 10x better too,” said Jeetu Patel, SVP and GM, Security & Applications, Cisco. “Webex enables a shift towards hybrid working and less reliance on geography-based hiring, opening the global economy and giving everyone a seat at the table—no matter where the table is. Our team is passionate about delivering this vision which fuels every device we build, every line of code we write, and every feature we create.”

More than 50 innovations announced today fall into three areas: seamless collaboration, smart hybrid work experiences, and intelligent customer experiences, all built on the rock-solid security and privacy synonymous with Cisco.


The All New Webex

The Webex team is laser focused on making sure users have what they need to do exceptional work. The all new Webex available today, provides a single secure place for connecting and getting things done: call, meet and message in one app. New features are being added across all modes, and the app includes our unique, real-time presence capability, so you always know who is available.

New in meetings.
Among the many features being added to Webex, here are some of our favorites:

In the app today

  • Noise cancellation and speech enhancement: No more loud typing or rustling papers interrupting your train of thought. Webex automatically detects and suppresses common noises, so you can concentrate. 
  • Transcriptions and closed captioning: Remove the need for extensive note-taking. Transcripts are searchable, so team members who miss a meeting can quickly catch up.
  • Highlights and action items: Webex Assistant will create these on your verbal command.
  • Enhanced video layouts: Who do you want to see? You can change your video layout with a simple slider control.
  • Webex Huddle:  Quickly call specific team members into a spontaneous meeting with a single click. No scheduling required—a single click and you’re in a quick team huddle to get stuff done.

Coming soon

  • In-meeting gestures:  Like the presentation? Simply give a “thumbs up” with your hand and our AI translates your motion into a thumbs up on the screen for all to see. This is an industry first, coming in CY 2021. 
  • Immersive sharing:  Share your presentation, video or application as a dynamic background with your video overlayed, for a more immersive experience. Coming in CY 2021.
  • Real-time translation: As of February, you will be able to participate in your native language and get localized, real-time transcription of the active speaker, available in 10+ languages. Each meeting attendee can choose the language they want without impacting other users. Languages include: English, Spanish, French, German, Mandarin, Portuguese, Arabic, Russian, Dutch, and Japanese.
  • Save and share meeting artifacts: Meeting artifacts and recordings are instantly saved within your Webex app. View recordings in your Webex task bar or within the content section of 1:1 and group spaces.
  • Really big meetings: Need to host a Webex Events session with up to 25,000 fully participating attendees? You’ll soon be able to do that.  You’ll be able to host even more—up to 100,000—using the new Webex Events native live streaming coming later this month.
  • Meeting templates: Give everyone a chance to speak with round table templates and more. Put time limits on your meetings with quick syncs. 

New
 in messaging.
We’ve added some great new features to help you focus on what matters most.

  • No more looking for key projects and people: With our industry leading AI, Webex is the only messaging app that learns which projects, spaces and people are most important to you and elevates them to the top of your list. Available Q1 CY 2021.
  • No more missed messages: You can manually highlight important messages and tasks with new Webex message pinning and mark as “unread”. Available Q1 CY 2021.
  • No more missed meetings: In February, Webex will automatically share recordings to 1:1 and group spaces specified by you.

New in calling.

  • Webex calling interactive voice response and video on hold:  Video menus simplify call routing while video on hold engages users in new ways. 
  • Easily escalate a phone call to a Webex meeting:  Escalate a 1:1 telephone call into a Webex video meeting and get the full Webex experience with AI features, transcriptions, notes and action items, and recordings.
  • New ways to buy: Customers can now take advantage of new calling plans with PSTN delivered directly from Cisco. This will be available in the US in mid-December, Canada in the first quarter of 2021 and many more countries globally throughout the year.

New in analytics:

Daily interactions are the fabric of effective collaboration. Last year, we introduced People Insights profiles. Now, we’re expanding People Insights with a new suite of features. Powered by the Webex Graph, these new features deliver highly personalized insights and actionable recommendations to individuals and teams.

  • For individuals, People Insights can highlight trends that go beyond your Outlook calendar including when your days typically start and stop, time spent on video calls and more.

  • For teams, you can visualize, in aggregate, team interaction patterns within Webex to ensure your team is building and maintaining the right communication patterns and relationships to be effective. The tool can also inform strategy to ensure more inclusion across a team.


The All New Webex Contact Center

The new Webex Contact Center delivers powerful new benefits for businesses, customers, and agents to drive intelligent customer experiences:

  • Now businesses of all sizes (even with the smallest of contact centers) can have the robustness of a cloud contact center with thousands of agents on day one. 
  • A next-generation microservices architecture enables rapid feature innovation while open APIs allow for easy customization.
  • Customers benefit from a digital-first experience and can now connect their way – whether chat, email, voice and now text and social.
  • New AI-powered voice and chat bots can answer the easy questions and route the tricky ones to contact center agents, with all the related background served up so customers won’t have to repeat themselves.
  • Agents will no longer be blindsided by customer sentiment now that Webex Experience Management is integrated with Webex Contact Center.

Additional Resources:

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CALPORTLAND® COMMISSIONS CNG FUELING HUB AND NEAR-ZERO BULK HAULER FLEET

CalPortland paves the way towards zero emissions at Oro Grande cement plant.

Glendora, CA, Dec. 08, 2020 (GLOBE NEWSWIRE) — CalPortland® Company announces the launch of its Compressed Natural Gas (CNG) powered bulk hauler truck fleet, which will reduce greenhouse gas (GHG) and smog-causing emissions. The company commissioned 24 new “Near-Zero Emission” bulk hauler trucks that will transport cement to customers in Southern California.

CalPortland’s “Near-Zero” vehicles will be fueled with RedeemTM by Clean Energy® at a new private fueling hub located at CalPortland’s Oro Grande cement plant. Developed by OZINGA® Energy, the fueling hub consist of 24 slow-fill stations and one fast-fill station. Redeem, a renewable natural gas vehicle fuel, is derived from biogenic methane that is naturally generated by the decomposition of organic waste at landfills and agricultural waste sources. Utilizing Redeem instead of diesel or gasoline can reduce carbon emissions by at least 70% and up to 300%, depending upon the sources.

 “In 2017 Catalina Pacific, a CalPortland company commissioned 118 new “Near-Zero Emission” concrete mixer trucks, serving the market in the greater Los Angeles area.” says Allen Hamblen, President/CEO of CalPortland. “By adding 24 cement bulk hauler trucks and a fueling center at our Oro Grande cement plant, CalPortland continues to demonstrate our ongoing commitment to achieving zero emissions through environmental stewardship and lowering our carbon footprint within the communities where we operate.”

San Bernardino County First District Supervisor Robert Lovingood added “CalPortland has consistently taken a proactive approach to work toward greater efficiencies in the industry. Their commitment toward emission reduction is another example of their focused efforts. I appreciate Mojave Desert AQMD recognizing the significant value of this project through the awarding of funds. This addition will be a great benefit to our region.”

CalPortland’s CNG bulk hauler fleet is being partly funded with a generous Prop 1B grant from the South Coast Air Quality Management District. Additionally, the fueling station project received grant funds from the Mobile Source Emission Reductions Program (AB 2766) through the Mojave Desert Air Quality Management District.

The bulk hauler fleet consists of 24 Kenworth T680 trucks containing the Cummins Westport ISX12N Near Zero (NZ) natural gas engine. The ISX12N engine is certified to the U.S. Environmental Protection Agency (EPA) and Air Resources Board (ARB) in California for meeting the 0.02 g/bhp-hr optional Low NOx Emissions standards- 90% lower than current emission standards. The Kenworth T680 trucks also feature an aerodynamic body to increase fuel efficiency, coupled with the Momentum 135DGE Fuel System which is designed for 600+ mile range.

CalPortland estimates a savings of nearly 10,000 metric tons of greenhouse gas (GHG) annually by converting 24 diesel trucks to a CNG/RNG powered fleet.

 The U.S. Environmental Protection Agency (EPA) recently presented the 2020 ENERGY STAR® Partner of the Year – Sustained Excellence Award to CalPortland for its continued leadership in protecting our environment through superior energy efficiency achievements. This is the 16th consecutive recognition by U.S. EPA ENERGY STAR for CalPortland, a feat that has never been matched by any other U.S. building materials manufacturing company. CalPortland continues to identify opportunities to expand the use of alternative clean fuels as well as optimize energy efficiency through its Energy Management program.

 

  

About CalPortland

CalPortland Company is a major producer of cement, ready mixed concrete, aggregates, concrete products and asphalt in the western United States and Canada. Founded in 1891 with the principle of providing unsurpassed quality, CalPortland remains a leader in the industry through its commitment to quality, safety, customer service, technical excellence and environmental leadership. The company maintains its headquarters in Glendora, California and operates in the Western U.S. and two Canadian Provinces. For more information about CalPortland Company, visit www.calportland.com.

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Tina McIntyre
CalPortland Company
6266911907
[email protected]