Fraser Institute News Release: China ranks 135th out of 162 in new Human Freedom Index; Canada ranks 5th
TORONTO, Dec. 10, 2018 (GLOBE NEWSWIRE) — China continues to languish near the bottom of the annual Human Freedom Index released today by the Fraser Institute and a network of international public policy think-tanks.
New Zealand is the freest country in the world, followed by Switzerland (2nd).
China ranks 135th in this year’s index, which uses 79 indicators of personal, civil and economic freedoms to rank 162 countries and jurisdictions worldwide. Hong Kong, once the world’s freest jurisdiction several years running, continues its downward slide and this year ranks 3rd. Australia (4th) and Canada round out the top five.
“China is by far the least-free nation in East Asia, creating concerns for neighbouring jurisdictions as it promotes its model of undemocratic governance internationally,” said Fred McMahon, Dr. Michael A. Walker Research Chair in Economic Freedom at the Fraser Institute and editor of the report.
Meanwhile, Taiwan—which remains under constant military threat from China—nonetheless continues to increase freedom and democracy for its citizens, this year entering the top 10 freest jurisdictions globally, tied with Norway and Finland. Since 2008, Taiwan has moved up from 43rd.
Unfortunately, freedom has declined around the world over the past decade. In fact, of the 142 jurisdictions with data since 2008, 81 have declined in freedom, 58 have increased and three were unchanged.
The United States ranks 17th. Other notable countries include the United Kingdom (8), Germany (13), Japan (31), India (110), Russia (119) and Syria, the least-free country on the index.
Crucially, people in freer countries are more prosperous than those in less-free countries. For example, the average per capita income for the top-quartile countries on the index was US$39,249 compared to US$12,026 for the least-free quartile in 2016, the most recent of available comparable data.
“The evidence is clear—when people are free, they have much greater opportunity to prosper and they lead happier healthier lives,” McMahon said.
The complete index, a joint project of the Fraser Institute, Germany’s Friedrich Naumann Foundation for Freedom and the Cato Institute in the U.S., is available as a free PDF download at www.fraserinstitute.org. It’s prepared by Ian Vasquez of the Cato Institute and Tanja Porčnik of the Visio Institute in Slovenia.
The 10 freest and the least-free countries in the index
| The 10 freest jurisdictions (from top) | The 10 least-free countries |
| 1. New Zealand | 153. Iran |
| 2. Switzerland | 154. Burundi |
| 3. Hong Kong | 155. Algeria |
| 4. Australia | 156. Egypt |
| 5. Canada | 157. Sudan |
| 6. Netherlands | 158. Libya |
| 7. Denmark | 159. Iraq |
| 8. Ireland | 160. Yemen |
| 9. United Kingdom | 161. Venezuela |
| 10. Finland | 162. Syria |
| 10. Norway | |
| 10. Taiwan |
MEDIA CONTACT:
Fred McMahon, Dr. Michael A. Walker Research Chair in Economic Freedom
Fraser Institute
To arrange media interviews or for more information, please contact:
Mark Hasiuk, Senior Communications Specialist, Fraser Institute
(604) 688-0221 Ext. 517
mark.hasiuk@fraserinstitute.
Follow the Fraser Institute on Twitter and Facebook
The Fraser Institute is an independent Canadian public policy research and educational organization with offices in Vancouver, Calgary, Toronto, and Montreal and ties to a global network of think-tanks in 87 countries. Its mission is to improve the quality of life for Canadians, their families and future generations by studying, measuring and broadly communicating the effects of government policies, entrepreneurship and choice on their well-being. To protect the Institute’s independence, it does not accept grants from governments or contracts for research. Visit www.fraserinstitute.org
Osisko Metals Releases Pine Point In-Pit Inferred Resource: 38,400,000 Tonnes Grading 6.58% ZnEq
MONTREAL, Dec. 06, 2018 (GLOBE NEWSWIRE) — Osisko Metals Incorporated (the “Company” or “Osisko Metals”) (TSX-V: OM; FRANKFURT: OB51) is pleased to announce an updated Inferred Mineral Resource Estimate (“MRE”) for its 100% owned Pine Point project, located near Hay River, in the Northwest Territories of Canada. The MRE was prepared by BBA Inc. and incorporates an open pit mining scenario with cut-off values based on estimated long-term metal prices, mining costs, metal recoveries, concentrate transport and smelter costs. A conference call webcast will be held by Osisko Metals management at 11:00 am Eastern time today (see conference call details below).
Highlights:
- The Pine Point in-pit Inferred MRE stands at 38.4 Mt grading 4.58% zinc and 1.85% lead (6.58% ZnEq) containing approximately 3.9 billion pounds of zinc and 1.6 billion pounds of lead.
- The pit constrained resource is based on optimized pit shells using a zinc price of US$1.10/lb and a lead price of US$0.90/lb. The lower cut-off grade varies across the property and ranges between 1.70% ZnEq and 2.00% ZnEq.
- The in-pit Inferred MRE is divided into five geographic zones, each zone composed of individual deposits (see Pine Point Property Map and Table 1). The MRE incorporates 42 new pits and expansions of 2 historical pits.
- Pine Point’s main core (East Mill, Central and North Zones) contains approximately 23.4 Mt grading 6.30% ZnEq or 2.3 billion pounds of zinc and 0.9 billion pounds of lead.
- At the deposit scale the grade and tonnage show little variability at lower cut-off grades (see Table 2). The in-pit MRE is very robust and is relatively insensitive to metal prices.
- Osisko Metals will continue the infill campaign in early 2019 and begin a substantial exploration program in mid-2019 to test the excellent brownfield mineral potential along the entire 65km Pine Point trend. A new MRE is planned for H2 2019 with the aim of converting a significant proportion of current resources to the Indicated category.
Jeff Hussey, President & CEO of Osisko Metals, commented: “This MRE is robust and confirms that Pine Point is one of the most significant undeveloped zinc-lead projects in the base metal sector with 5.5 billion pounds of combined in-pit zinc and lead resources. The shallow mineralization is unique among zinc projects globally and Pine Point still offers excellent exploration potential both at depth and along the project’s 65km strike length.”
“There is a depleted pipeline of zinc resources globally and we believe Pine Point will place Osisko Metals at the forefront of junior base metal exploration and development companies.”
Table 1: Pit-constrained Inferred Mineral Resource Estimate as reported by BBA
| Area | Tonnage | ZnEq | Zn | Pb | Strip Ratio |
| (Mt) | (%) | (%) | (%) | ||
| Central Zone | 4.8 | 7.69 | 5.84 | 1.72 | 11.7 |
| East Mill Zone | 5.5 | 5.16 | 3.76 | 1.30 | 5.7 |
| North Zone | 13.1 | 6.27 | 4.26 | 1.87 | 5.3 |
| West Zone | 6.4 | 10.09 | 6.30 | 3.53 | 14.5 |
| N-204 Zone | 8.6 | 4.74 | 3.61 | 1.02 | 5.4 |
| Total | 38.4 | 6.58 | 4.58 | 1.85 | 7.7 |
Sensitivity to Cut-Off Grades
Variation of cut-off grades does not significantly change the Inferred Mineral Resource with its robust grade and tonnage even at the lower cut-off grades.
Table 2: Cut-Off Grade Sensitivity
| AREA | Cut-Off Grade (%) | Tonnage | Zn | Pb |
| (Mt) | (%) | (%) | ||
| ALL | 10.00 | 5.15 | 10.66 | 5.34 |
| 9.00 | 6.39 | 9.90 | 4.88 | |
| 8.00 | 8.18 | 9.07 | 4.38 | |
| 7.00 | 10.54 | 8.25 | 3.89 | |
| 6.00 | 13.87 | 7.43 | 3.38 | |
| 5.00 | 18.65 | 6.58 | 2.89 | |
| 4.00 | 25.16 | 5.77 | 2.43 | |
| 3.00 | 32.14 | 5.11 | 2.09 | |
| 2.00 | 37.63 | 4.64 | 1.88 | |
| 1.80 | 38.46 | 4.57 | 1.85 | |
| 1.60 | 39.19 | 4.51 | 1.82 | |
| 1.40 | 39.86 | 4.46 | 1.80 | |
| 1.20 | 40.44 | 4.41 | 1.78 | |
| 1.00 | 40.92 | 4.36 | 1.76 |
The Inferred Mineral Resource Estimate is constrained with pit shells that were developed from a pit optimization analysis using the economic and operating parameters presented below:
Table 3: Pit Optimization Parameters
| Parameter | Unit | Input | |
| Mine Site Costs | |||
| Mining Cost – Ore | C$/t mined | 4.00 | |
| Mining Cost – Waste | C$/t mined | 4.00 | |
| Mine Dewatering Cost1 | C$/t mined | 0.88 | |
| Pre-concentration Cost | C$/t ore | 3.50 | |
| Processing Cost2 | C$/t milled | 22.50 | |
| G&A Cost2 | C$/t milled | 33.60 | |
| Recoveries | |||
| Overall Lead3 | % | 87.8 | % |
| Overall Zinc3 | % | 83.1 | % |
| Pre-concentration Mass Pull | % | 37.3 | % |
| Zinc Concentrate Grade | % | 55 | % |
| Lead Concentrate Grade | % | 55 | % |
| Zinc Concentrate Costs | |||
| Transport to Rail | C$/wmt | 27.00 | |
| Transport to Smelter | C$/wmt | 178.00 | |
| Smelter Cost | C$/dmt | 295.00 | |
| Lead Concentrate Costs | |||
| Transport to Rail | C$/wmt | 27.00 | |
| Transport to Smelter | C$/wmt | 221.00 | |
| Smelter Cost | C$/dmt | 262.00 | |
| Metal Prices | |||
| Zinc | US$/lb | 1.10 | |
| Lead | US$/lb | 0.90 | |
| Exchange Rate (CAD:USD) | 1.31 | ||
| 1 Applied to both ore and waste tonnages | |||
| 2 Costs per tonne milled are based on a 37.27% Pre-concentration Mass Pull | |||
| 3 Inclusive of ore sorting test program results | |||
Metallurgy
Overall metallurgical recoveries of 83.1% for zinc and 87.8% for lead were estimated from recent preliminary bench scale flotation tests, including dry pre-concentration ore sorter test work (full program results to be disclosed in Q1 2019) aimed at reducing haulage and grinding costs.
Hydrogeology
The hydrogeological setting of the Pine Point area is very well established following a 24-year mining history that benefited from real time pumping data collected during Cominco’s historical operational period. Osisko Metals understands that the success of the Pine Point project will rely on developing a mining sequence that is coordinated with a dewatering and water management strategy over the life of mine. The Company does not consider water infiltration to be a material matter. Analyses of historical infiltration rates resulted in an estimated maximum cost of C$0.88 per tonne mined, that was included in the pit optimization cost base for all zones except N204 which does not incorporate dewatering cost due to the shallow nature of mineralization.
Ongoing Drill Program
Additional in-fill drilling completed up to the date of this press release and not included in this Inferred MRE consists of 579 drill holes totalling 40,102 metres of drilling. The objective of this ongoing program is to upgrade the Inferred Mineral Resource to the Indicated category by decreasing drill spacing to 30 metres from the current average drill spacing of 40 to 60 metres. The Company expects to drill 900 additional holes totalling approximately 49,000 metres in the remainder of 2018 and in 2019 to meet this objective. The drill database will be further strengthened by incorporating the recent LIDAR topographic survey.
A separate brownfield exploration campaign will investigate high-potential target areas following the analysis of the planned airborne gravity survey that will complement site wide compilation of historical datasets and the recent LIDAR topographic survey.
Infrastructure
The project is located on the south shore of Great Slave Lake in the Northwest Territories, and is accessible directly year-round by an all-weather highway from Hay River, the economic “Hub of the North”, that is located 96 km west of the electrical substation and past concentrator location. Hay River has rail transportation and loadout options as well as other available services. On-site infrastructure consists of approximately 100km of intact haulage roads that link the mineralized zones, as well as the electrical substation located in the middle of the property.
Notes Regarding Mineral Resource Estimate
- The independent qualified person for the 2018 MRE, as defined by NI43 101 guidelines, is Pierre-Luc Richard, P. Geo, of BBA Inc., who has approved the technical information disclosed in this press release. The effective date of the estimate is November 14, 2018.
- These mineral resources are not mineral reserves as they do not have demonstrated economic viability. The quantity and grade of reported Inferred resources in this MRE are uncertain in nature and there has been insufficient exploration to define these Inferred resources as Indicated or Measured, and it is uncertain if further exploration and definition drilling will result in upgrading them to these categories.
- Resources are presented as undiluted and in situ for an open-pit scenario and are considered to have reasonable prospects for economic extraction. The constraining pit shells were developed using pit slopes of 50 degrees.
- The MRE was prepared using GEOVIA GEMS 6.8.2 and is based on 18,542 surface drill holes, of which 6,880 intercepted mineralization, and a total of 31,120 assays. The drill hole database includes Osisko Metals infill drilling of 23,751 metres in 318 drill holes and also incorporates Cominco’s historical drill holes, the use of which was validated by a drill hole collar survey and a partial core resampling program. The cut-off date for drill hole assays was September 12th, 2018.
- The estimate encompasses 243 zinc-lead-bearing zones each defined by individual wireframes with a minimum true thickness of 2.5 m. A value of zero grade was applied in cases of core not assayed.
- High-grade capping was done on the composited assay data and established on a per zone basis for zinc and lead. Capping grades vary from 10 % to 35 % Zn and 5 % to 40 % Pb.
- Density values were calculated based on the formula established and used by Cominco during their operational period between 1964 and 1987. Density values were calculated from the density of dolomite, adjusted by the amount of sphalerite, galena, and marcasite/pyrite as determined by metal assays. A porosity of 5% was assumed. Waste material was assigned the density of porous dolomite.
- Grade model resource estimation was calculated from drill hole data using an Ordinary Kriging interpolation method in a block model using blocks measuring 10 m x 10 m x 5 m (vertical) in size.
- Zinc equivalency percentages are calculated using metal prices, forecasted metal recoveries, concentrate grades, transport costs, smelter payable metals and charges.
- The estimate is reported using a Zn Equivalent (ZnEq) cut-off varying from 1.70% to 2.00%. Variations take into consideration trucking distances from the open pits to the mill and metallurgical parameters for each area. The cut-off grade was calculated using the following parameters (amongst others): zinc price = USD1.10/lb; lead price = USD0.90/lb; CAD:USD exchange rate = 1.31. The cut-off grade will be re-evaluated in light of future prevailing market conditions and costs.
- The MRE presented herein is categorized as an Inferred resource. The Inferred mineral resource category is only defined within the areas where drill spacing is less than 100 m and shows reasonable geological and grade continuity.
- The pit optimization to develop the resource constraining pit shells was done using Hexagon’s MineSight Version 15.10.
- Calculations used metric units (metre, tonne). Metal contents are presented in percent or pounds. Metric tonnages were rounded and any discrepancies in total amounts are due to rounding errors.
- CIM definitions and guidelines for Mineral Resource Estimates have been followed.
- The author is not aware of any known environmental, permitting, legal, title-related, taxation, socio-political or marketing issues, or any other relevant issues not reported in this Technical Report, that could materially affect the Mineral Resource Estimate.
Conference Call Webcast Details
Those wishing to participate in the Q&A session are asked to dial the following toll-free North American number 1-866-688-0896 (International 1-409-217-8780). The MRE Presentation will be viewable by webcast at https://edge.media-server.com/
About Osisko Metals
Osisko Metals is a Canadian exploration and development company creating value in the base metal space with a focus on zinc mineral assets. The Company controls Canada’s two premier zinc mining camps, namely the Pine Point Mining Camp (“PPMC”) located in the Northwest Territories, and the Bathurst Mining Camp (“BMC”), located in northern New Brunswick, where it is focused on drilling and developing the Key Anacon Project. The Company is currently completing 100,000 metres of drilling at both camps. In Québec, the Company owns 42,000 hectares that cover 12 grass-root zinc targets that will be selectively advanced through exploration.
About BBA
BBA has been providing a wide range of consulting engineering services for almost 40 years. Today, engineering, project, geology, environmental and commissioning experts team up to quickly and accurately pinpoint the needs of industrial and institutional clients. The firm’s expertise is recognized in the fields of energy, mining and metals, biofuels and oil and gas and is supported by a team of seasoned experts who design reliable, sustainable and innovative solutions every day. Our services for the mining industry include front-end consulting, NI 43-101 technical reports, environmental studies, geology resource modelling, mine planning, metallurgical process development, tailings facility engineering and multidisciplinary infrastructure and process plant design.
| For further information on Osisko Metals, visit www.osiskometals.com or contact:
|
|
| Jeff Hussey President & CEO Osisko Metals Incorporated (514) 861-4441 Email: info@osiskometals.com www.osiskometals.com |
Christina Lalli Director, Investor Relations Osisko Metals Incorporated (438) 399-8665 Email: clalli@osiskometals.com www.osiskometals.com |
Cautionary Note Regarding Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes, but is not limited to, the use of proceeds of the Offering; the timing and ability of the Corporation, if at all, to obtain final approval of the Offering from the TSX Venture Exchange; an exemption being available under MI 61-101 and Policy 5.9 of the TSX Venture Exchange from the minority shareholder approval and valuation requirements for each related party transaction; objectives, goals or future plans; statements regarding exploration results and exploration plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates; the preliminary nature of metallurgical test results; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; the other risks involved in the mineral exploration and development industry; and those risks set out in the Corporation’s public documents filed on SEDAR at www.sedar.com. Although the Corporation believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Corporation disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
A photo accompanying this announcement is available at http://www.globenewswire.com/
Barefoot Networks เปิดตัว Tofino™ 2 รุ่นถัดไปของเนทเวิร์คสวิตช์ ASICs ตัวแรกของโลกที่สามารถเขียนโปรแกรมด้วย P4 ได้
ASICs อันรวดเร็วปานสายฟ้าแลบ สนับสนุนศูนย์ข้อมูลแบบไฮเปอร์
เมืองซานตาคลารา รัฐแคลิฟอร์เนีย, Dec. 06, 2018 (GLOBE NEWSWIRE) — บริษัท Barefoot Networks ผู้ให้บริการโซลูชั่นระบบเครื
Tofino ASIC 6.5Tb/s แสดงให้เห็นว่าชิปสวิทช์ อันตั้งโปรแกรมด้วย P4 ได้ สามารถเข้ากับพลังงาน ประสิทธิภาพ และค่าใช้จ่ายของอุปกรณ์ฟังก์ชั่
ทำไมตอนนี้ความต้องการเกี่ยวกั
Tofino 2 ให้ผลประโยชน์ต่างๆที่สำคัญแก่
- สวิตช์ ASIC 7nm ตัวแรกของโลก ที่นำข้อดีของการเขียนโปรแกรม P4 ไปใช้กับศูนย์ข้อมูลขนาดใหญ่ที่
ต้องใช้ 400G Ethernet (400GE) โดยส่งมอบ 32x400GE บนชิปตัวเดียว - ส่งพลังงานตามสั่
งและทำการประหยัดด้วยการสนับสนุ นฐานสูงสุดของอุตสาหกรรม ถึง 256×10/25/50GE พอร์ตบนชิปตัวเดียว - เนื่องจาก Tofino 2 ตั้งโปรแกรมเต็มรูปแบบ P4 ได้ เราสามารถใช้งานมันได้หลายวิธี จากสวิตช์ชั้นบนสุ
ดแบบมาตรฐานไปยังเราเตอร์ของผู้ ให้บริการ หรือใช้เป็นอุปกรณ์สวิตช์ตัวหนึ่ งที่มีคุณลักษณะมากมาย มันสามารถรองรับขนาดตารางที่ ยอดเยี่ยมและไม่มีใครเทียบได้ ในการกำหนดเส้นทาง การสร้างอุโมงค์เสมือนเพื่อส่ งข้อมูล และรายการควบคุมการเข้าถึง (ACLs) - สนับสนุน Barefoot SPRINT™- เวอร์ชันปรับปรุงของ In-band Network Telemetry (INT) ของ Barefoot อันเป็นมาตรฐานในอุตสาหกรรม ซึ่งทำให้สามารถมองเห็นการรับส่
งข้อมูลเครือข่ายแบบเรียลไทม์ รายละเอียดแต่ละแพ็คเก็ต และชาญฉลาด ให้ความจริงพื้นฐานเกี่ยวกับกิ จกรรมเครือข่ายทั้งหมด เร่งการค้นหาสาเหตุของการขัดข้ องของเครือข่าย - ใช้ประโยชน์จากระบบนิเวศ P4 ที่กำลังเติบโตทั่วอุตสาหกรรม และได้รับการสนับสนุนจากชิปสวิ
ตช์และชิปคอนโทรลเลอร์เครือข่าย (NIC) จำนวนมาก - สถาปัตยกรรมแบบโมดูลาร์ช่วยให้
สามารถรวม 112G SerDes และซิลิคอนโฟโตนิกส์ได้อย่ างรวดเร็ว
“จนกระทั่ง Tofino มาถึงในปี 2016 เครือข่าย ASICs ไม่ได้เปลี่ยนแปลงมากใน 20 ปี พวกมันต่างใช้ฟีเจอร์ที่เก่าแก่
“สิ่งที่มีประสิทธิภาพในการปฎิ
“Cisco เป็นผู้นำในการสร้างสรรค์นวั
“Alibaba มีความสัมพันธ์ที่ดีกับ Barefoot สวิตช์ซิลิคอนที่ตั้งโปรแกรม P4 ได้รุ่นแรกของพวกเขามี
“ที่ Tencent สิ่งสำคัญกับเครือข่ายของเราคื
“ความสามารถในการกำหนดสิ่งที่ forwarding plane ของสวิตช์สามารถทำได้ค่อนข้างน่
“โครงสร้างพื้นฐานของ UCloud สามารถใช้ประโยชน์
“การใช้เอไอและการเรียนรู้
“การเพิ่มขึ้นของสถาปั
“คาดว่า Ethernet 400Gbps จะกลายเป็นบรรทัดฐานในเครือข่
การเขียนโปรแกรม P4
ด้วยความสามารถในการเขี
Barefoot P4 Studio™ เป็นชุดเครื่องมือการพัฒนาซอฟต์
P4 และตระกูลซิลิกอนสวิตช์ Tofino ที่สามารถเขียนโปรแกรมใน P4 ได้ของ Barefoot ได้ทำให้เกิดการระเบิดแคมเบรี
สภาพพร้อมใช้งาน
ประจุบัน ลูกค้าทั่วโลกสามารถใช้
Barefoot Networks ยินดีที่นำเสนอลูกค้ารายหนึ่
Barefoot Networks จะอยู่ในสถานที่ ONF Connect วันที่ 4-6 ธันวาคม เพื่อแสดงแพลตฟอร์มต่างๆ ของ Barefoot ที่ขับเคลื่อนด้วย Tofino และ Tofino 2 และนำเสนอหัวข้อต่างๆ รวมถึงกรณีการใช้งานสำหรับศูนย์
Barefoot Networks, โลโก้ Foot, Tofino, Tofino 2, Capilano, Deep Insight, SPRINT, P4 Studio และ P4 Insight เป็นเครื่องหมายการค้าของ Barefoot Networks
เกี่ยวกับ Barefoot Networks
Barefoot Networks เปิดตัวในปี 2016 หลังจากใช้เวลาสองปีในการพั
ติดตามเราที่ Twitter: @barefootnetwork
ติดตามเราที่ Facebook: https://www.facebook.com/
ติดตามเราที่ LinkedIn: https://www.linkedin.com/
ติดต่อด้านบรรณาธิการ
Alison Flood
barefoot@10fold.com
415-317-4089
A photo accompanying this announcement is available at http://www.globenewswire.com/
Constellation Brands to Report Third Quarter Fiscal 2019 Financial Results; Host Conference Call January 9, 2019
VICTOR, N.Y., Dec. 05, 2018 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today it will report financial results for its fiscal third quarter ended November 30, 2018, on Wednesday, January 9, 2019, before the open of the U.S. markets. A conference call to discuss the financial results and outlook will be hosted by Chief Executive Officer Rob Sands, President and Chief Operating Officer Bill Newlands and Executive Vice President and Chief Financial Officer David Klein at 10:30 a.m. EST, January 9, 2019.
The conference call can be accessed by dialing +1-877-673-1771 and entering conference identification number 5284499, beginning at 10:20 a.m. EST. A live, listen-only webcast of the conference call will be available on the company’s website, www.cbrands.com, under the Investors/Events & Presentations section. When the call begins, financial information discussed on the conference call, and a reconciliation of reported (GAAP) financial measures with comparable or non-GAAP financial measures, will also be available on the company’s website under Investors and by selecting Reporting. For anyone unable to participate in the conference call, a replay will be available on the company’s website.
About Constellation Brands
Constellation Brands (NYSE: STZ and STZ.B), a Fortune 500® company, is a leading international producer and marketer of beer, wine and spirits with operations in the U.S., Mexico, New Zealand, Italy and Canada. Constellation is the No. 3 beer company in the U.S. with high-end, iconic imported brands such as Corona Extra, Corona Light, Modelo Especial, Modelo Negra and Pacifico. The company’s beer portfolio also includes Ballast Point, one of the most awarded craft brewers in the U.S., and Funky Buddha Brewery. In addition, Constellation is the world leader in premium wine, selling great brands that people love, including Robert Mondavi, Clos du Bois, Kim Crawford, Meiomi, Mark West, Black Box, Ruffino and The Prisoner. The company’s premium spirits brands include SVEDKA Vodka, Casa Noble Tequila and High West Whiskey.
Based in Victor, N.Y., the company believes that industry leadership involves a commitment to brand building, our trade partners, the environment, our investors and to consumers around the world who choose our products when celebrating big moments or enjoying quiet ones. Founded in 1945, Constellation has grown to become a significant player in the beverage alcohol industry with more than 100 brands in its portfolio; about 40 wineries, breweries and distilleries; and approximately 10,000 talented employees. We express our company vision: to elevate life with every glass raised. To learn more, follow us on Twitter @cbrands and visit www.cbrands.com.
| MEDIA CONTACTS | INVESTOR RELATIONS CONTACTS | |
| Mike McGrew 773-251-4934 | Amy Martin 585-678-7141 | Patty Yahn-Urlaub 585-678-7483 | Bob Czudak 585-678-7170 | |
|
|
Tom Conaway 585-678-7503 |
PDF available: http://resource.
VistaJet Launches the First Global Program for Wine in the Air
The leading private aviation company redefines wine in flight with a collection of expert findings, signature and wine club selections, tastings in the sky and curated tours
LONDON, Dec. 05, 2018 (GLOBE NEWSWIRE) — VistaJet, the first and only global business aviation company, announced today the launch of The VistaJet Wine Program, the most expansive and engaging experience of wine, designed to enhance the exploration of the world of wine on its aircraft and at world destinations.
VistaJet Founder and Chairman, Thomas Flohr is an avid collector and investor in wine with a cellar of more than 3,000 bottles and a particular passion for Burgundies. “Enjoying a glass of wine while in flight should be the same as a glass of wine in a restaurant. But nobody has ever managed to offer this on a global scale,” said Flohr. “So, to provide the consistency of service and quality to our Members, we have created the first global program that will ensure our guests enjoy the best possible wine in the sky whilst catering to all their needs when it comes to tasting, collecting, discovering and developing a deeper knowledge of wine – anytime, anywhere.”
Much of the pleasure of savoring wine is in understanding its nuances, yet the effects of altitude, cabin pressure and air quality mean that selecting the right wine for a flight can prove to be difficult. During the development of The VistaJet Wine Program, the company hosted some of the world’s foremost wine experts, including those from Marchesi Antinori, Rothschild (Lafite), Ca’ del Bosco and Artemis Domaines, on several flights to sample, taste and compare a number of different wines from all over the world. By tasting on the ground and in the sky, the experts were able to further understand how taste and smell are the senses most affected by the atmosphere and work together in a pressurized cabin; nasal sensors’ reception of aromas are limited owing to the lower air pressure that comes with a lower humidity; bubbles found in sparkling wines, which contain up to thirty times more aromas than the liquid, tend to stick to the sides of the glass; and that fruit flavors are diminished, while bitterness and spiciness are largely unaffected.
In addition to that of the palate, Oxford University professor Charles Spence noted that the level of background noise on a commercial flight adversely affects a person’s perception of smell and taste. In a business jet however, the comforts of someone’s home environment are more accurately recreated with cabin noise 35 decibels less than commercial, minimizing the inherent psychological impact. Flying at 45,000 feet, VistaJet’s Global 6000 has an equivalent air pressure of only 4,500 feet, making many of the sensory effects of air travel less noticeable.
The learnings from these memorable wine flights, touching down in exclusive vineyards including Clos de Tart and Château Smith Haut Lafitte, proved instrumental in the development of The VistaJet Wine Program.
Elements of The VistaJet Wine Program include:
The Wine in the Sky Questionnaire
VistaJet invited popular oenophiles including Sofia Coppola, Andrea Bocelli, Jeannie Cho Lee and Daniel Boulud, to contribute to The Wine in the Sky Questionnaire, a compendium of considered suggestions for tasting, serving and transporting wine on travels around the world. Published in collaboration with Assouline, the book serves to advise on how to select the most appropriate wines considering the different effects of flying on our senses. The Wine in the Sky Questionnaire will be available for pre-order from December 6th on Assouline.com and in stores mid-December.
Signature Wine List
Sourced from some of the world’s most iconic vineyards and personally handpicked by Thomas Flohr, all VistaJet passengers can enjoy the Signature Wine List with wines that take advantage of the effects of flying to perform best in the sky. The list features great classics such as the elegant, pure and aromatic Ruinart Champagnes; the dense, smooth and ripe Château Pape Clément, Pessac Léognan with its lifted notes of raspberries; and the Gaja, Rossj Bass Chardonnay, presenting a definite character and good acidity with a fresh and lingering finish.
The VistaJet Wine Club
Adding a discovery aspect to the signature offering, The VistaJet Wine Club will allow Members to explore the world of wine with 12 carefully selected wines each year, tasting two new bottles every other month from a range of producers and grapes around the world. To further enhance the experience, VistaJet Cabin Hostesses, trained up to WSET Level 2, can organize a blind tasting to assess the characteristics of grape varieties and record notes on tasting cards.
The full list will be disclosed to VistaJet Program Members throughout the year, with the first selection of wines including the infinitely delicate yet complex 2015 Corton-Charlemagne Grand Cru, Albert Bichot; the 2009 Ca’ del Bosco Cuvée Annamaria Clementi with its tangy acidity and ultrafine perlage; and the full bodied 2013 Solaia, from Marchesi Antinori with tannins of much shape and solidity.
Wine Tours
Through its global coverage, VistaJet provides bespoke access and personal introductions to the world’s best winemakers and wine clubs through the VistaJet Chairman’s Office. With the global Wine Tours, Members can also request round-the-world wine itineraries and personal tours of the finest vineyards and wine regions, as well as access to wine auctions and events with fine wine traders and collectors.
VistaJet’s Wine Tours include a three-day experience hosted by Marchesi Antinori, to enjoy a dinner with the family at Palazzo Antinori, tasting wines from their private collections, before visiting their historical vineyards in Tuscany and Umbria by helicopter and staying in the family estates’ exclusive guest houses.
The World of Wine Concierge
The World of Wine Concierge offers tasting advice both prior to flight and at destination, to help Members discover wines and vineyards in any region they’re visiting. The concierge can also assist with acquiring a historic vintage for a special anniversary, giving personalized recommendations about buying wine en primeur and at auction, as well as help arranging safe transportation of wine around the world. Members can request advice from a global network of local experts in North America, Europe and Asia.
Information
Jennifer Farquhar | VistaJet | T: +44 203 617 3077 | jennifer.farquhar@vistajet.com
About VistaJet
VistaJet is the first and only global aviation company. On its fleet of over 70 silver and red business jets, VistaJet has flown corporations, governments and private clients to 187 countries, covering 96% of the world. Founded in 2004 by Thomas Flohr, the company pioneered an innovative business model where customers have access to an entire fleet whilst paying only for the hours they fly, free of the responsibilities and asset risks linked to aircraft ownership. VistaJet’s signature Program membership offers customers a bespoke subscription of flight hours on its fleet of mid and long-range jets, to fly them anytime, anywhere. Customers can also request Direct one-off flights through the industry’s first end-to-end booking app or a 24/7 global team.
More VistaJet information and news at vistajet.com
Photos accompanying this announcement are available at:
http://www.globenewswire.com/
http://www.globenewswire.com/
http://www.globenewswire.com/
http://www.globenewswire.com/
Successful launch of SVPER’s prototype social networking app
SVPER’s online prototype demonstrates how users are encouraged to convert online connections into real-life relationships
Barcelona, Spain – 4 December 2018: SVPER, the social, instant video-only app for forming new real-life relationships in real time, is pleased to announce the successful launch of its prototype SVPER app. SVPER, the first mobile application rewarding you for meeting new people in the real world, replaces user profiles, pictures and text messages with instant video invitations designed to encourage users to convert online connections into real-life relationships.
The Company has already received excellent feedback for its prototype from the SVPER community and will utilise this market intelligence to further improve the app. Furthermore, SVPER will be continuing its roadshow within Europe and the Middle-East to gain additional venture capital (“VC”) funding to ensure maximum success after the ICO. In order to incorporate the community feedback and allow sufficient time for due diligence checks and commitment of funds from interested parties, the Company has extended the ICO to 31 December 2018.
More information on the SVPER app, visit: www.svper.com.
Enquiries:
Laura Jouve, PR Manager
laura@svper.com
+44 20 7618 9100
About SVPER Ltd.
The SVPER video-only mobile app aims to disrupt the dating and social networking apps industry by encouraging users to meet new people safely in real life. SVPER uses video profiles and blockchain technology to convert online connections into real-life relationships, thereby overcoming the issue of social isolation in a digital age. It offers an instant platform which rewards users for meeting up and enjoying each other’s company in the form of SVPER Tokens.
SVPER’s innovative concept replaces user profiles, pictures and text messages with instant video invitations. Instead of a static photograph and a wordy description, SVPER uses instant video invitations posted by the user and invites others to RSVP. Users can see what people near them are doing (or planning to do), choose the activity they would like to join, and meet them in person straight away.
By integrating blockchain technology, SVPER leverages the advantages of the ERC-721 standard in the Ethereum blockchain to increase the security, trustworthiness and transparency within the app. Through a scoring system, users are assigned a “digital DNA” which is recorded on smart contracts to validate users’ identity, thereby eliminating fake profiles and bots. The blockchain also supports SVP Tokens which can be earned or bought by users and, in turn, used to make purchases through the app.
New peer-review study confirms Bt brinjal reduces pesticides and benefits farmers in Bangladesh
Scientists confirm that the Bacillus thuringiensis (Bt) gene confers near-total protection against the eggplant fruit and shoot borer, thereby protecting one of South Asia’s most economically and culturally important crops from damage. In recent field trials, scientists report that farmers who cultivate Bt brinjal reduce insecticide use and increase their yields. More than 27,000 farmers in Bangladesh cultivate ther four Bt brinjal varieties released for commercial production by the Bangladeshi government in 2013.
DAKA, BANGLADESH, Nov. 21, 2018 (GLOBE NEWSWIRE) — The first replicated field trials comparing genetically modified eggplant varieties with their non-GM counterparts in Bangladesh have confirmed that the Bt gene confers almost total protection against this vital crop’s most damaging pest.
The field trials were carried out in the Bogra district of Bangladesh by a joint Bangladeshi-US team of researchers. The results are published in the Nov. 21 issue of the open-source peer-reviewed scientific journal PLoS One.
Eggplant, known as brinjal in South Asia, is an economically and culturally important crop in the region. Its most severe insect pest is the eggplant fruit and shoot borer (EFSB), which can cause up to 80 percent yield loss in Bangladesh.
“This study confirms with good statistical evidence that Bt brinjal can indeed help reduce the dependence of Bangladeshi farmers on insecticides to protect their brinjal crop,” said Anthony Shelton, entomologist at Cornell University, corresponding author of the PLoS One paper, and principal investigator for the $4.8 million, three-year U.S. Agency for International Development (USAID) grant that supports the Feed the Future South Asia Eggplant Improvement Partnership.
Feed the Future is a partnership of Cornell University, the Bangladesh Agricultural Research Institute (BARI), the University of the Philippines at Los Banos, the Cornell Alliance for Science and USAID. It is working to advance agricultural productivity and sustainability among smallholder farmers.
The latest results, conducted in 2016-17 by the On-Farm Research Division (OFRD) of BARI, confirm that all four Bt brinjal varieties grown currently in Bangladesh are effective in protecting against EFSB. Researchers reported 0-2 percent infestation in Bt brinjal varieties, as compared to 36-45 percent infestation in non-Bt isolines (the same varieties but without the Bt gene).
“EFSB is the major pest of brinjal throughout Bangladesh and cannot be controlled well even with weekly spraying,” said the study’s senior author, Dr. M.Z.H. Prodhan of BARI. “This study clearly demonstrates the excellent control of EFSB these four lines of Bt brinjal provide, even when no sprays are applied. We now have studies underway that will help provide us with information on how to control secondary pests, such as mites and whiteflies, so farmers can maximize their gross returns and minimize their use of insecticides.”
Historically, virtually all brinjal farmers in Bangladesh have relied solely on insecticide sprays to control BFSB, with farmers applying as many as 84 insecticide sprays during the growing season. As an alternative to insecticides, four brinjal varieties carrying the Bt gene were released to farmers in Bangladesh in 2013.
The field trials also confirm that reduced insecticide sprays and increased yields should allow Bangladeshi farmers to earn higher economic margins on the genetically modified Bt brinjal than on conventional varieties, even where sprays are used to control BSFB and other insect pests.
For example, in one of the two annual field trials, all four Bt brinjal varieties showed a positive gross margin, even when no insecticide sprays were applied. In contrast, only two of the non-Bt isolines that were sprayed showed a positive gross margin when sprayed and only one of the unsprayed non-Bt isolines showed a positive gross margin.
“This shows that Bt brinjal can achieve its main aim, which is to improve the livelihoods of smallholder farmers in a developing country while also protecting the environment by reducing insecticide sprays,” Shelton noted.
In agreement with numerous other studies of the ecological impact of the Bt gene in different crops, the tests also indicated that Bt brinjal had no impact on non-target beneficial arthropods, such as lady beetles and spiders.
Four Bt brinjal varieties were approved for release by the Bangladeshi government in October 2013, and first distributed to 20 farmers in 4 districts in January 2014, making Bangladesh a pioneer in the world in allowing the commercial cultivation of a genetically engineered vegetable crop. Adoption has increased dramatically since then with Bt brinjal now grown by more than 27,000 farmers across all districts of Bangladesh.
Attachment
Linda McCandless Cornell University 6072275920 llm3@cornell.edu Tony Shelton Cornell University 3157295932 ams5@cornell.edu
Copyright © 2018 GlobeNewswire, Inc.
The Majority Of The World’s Best Education Systems Are In Asia: The Best Schools Are Future Proofing Their Approach
JAKARTA, Indonesia, Nov. 21, 2018 (GLOBE NEWSWIRE) — The Indonesia Economic Forum hosted a conference today on Connecting Indonesia: A New Five-Year Agenda to discuss key priorities for the nation over the next five years.
Panel speakers including Jaspal Sidhu, Founder & Chairman of SIS Group of Schools, and representatives of the Indonesian Ministry of Education and Culture discussed how to meet the challenges of tomorrow by future proofing education with a focus on STEAM fields: science, technology, engineering, art, and mathematics.
“At SIS we not only have extremely high standards in STEAM, our students are recognised by the Outstanding Cambridge Learner Award for national and world top marks,” states Jaspal Sidhu. “However, we believe that academic discipline should be combined with a modern learning environment that builds character. This is extremely important as we do not know what challenges children will face in the future.”
How can parents prepare children for an uncertain tomorrow when many of the jobs of the future do not even exist today?
According to the World Economic Forum’s Future of Jobs Report 2018 the skills required to perform most jobs in 2022 will have shifted towards more analytical thinking and active learning1.
Skills growing in prominence include technology design but increasing demand for technology is only part of the story. Many of the “human” skills required today will increase in importance in the future2.
The education systems of the 34 democratic nations represented at the Organization for Economic Cooperation and Development (OECD) are evaluated and ranked every few years.
Using the comparative science, reading and mathematics proficiency of 15-year-old students, the OECD’s Programme for International Student Assessment (PISA) rankings are dominated by Asia Pacific education systems3.
The top four places in the OECD PISA rankings go to Singapore, Hong Kong (China), Japan and Macao (China). So how are leading curriculums like that of Singapore adapting to this uncertain future?
The world’s leading schools are future-proofing their programs by re-orienting themselves. Instead of focusing on what to learn and examination rank, they are increasingly focused on teaching students how to be excellent lifelong learners.
In Singapore, for example, children will no longer be ranked by test scores alone. Starting in 2019, exams for primary years 1 and 2 students will be phased out.
“Learning is not a competition,” stated Ong Ye Kung, Singapore’s Education Minister in October, 2018. Singapore’s Ministry of Education (MOE) is planning a series of changes aimed at encouraging individuals to concentrate on their own learning development4.
In the search for the best international school for your children, it is therefore not only important to assess the campus and teachers, but the pedagogy and curriculum used by the school.
“Our vision at SIS Group of Schools is to inspire learners toward greater heights,” states Jaspal Sidhu. “We do this by sparking curiosity and enquiry while developing values and 21st century skills prioritising learners and personalised learning to make a better world.”
For more information on SIS Group of Schools please visit https://www.sisschools.org.
About Singapore Intercultural Schools (Video: https://youtu.
SIS Group of Schools was established in 1995 with its first premises in North Jakarta, Indonesia. Today, SIS Group of Schools supervises seven schools across Indonesia: Singapore Intercultural School Bona Vista (SIS Bona Vista), SIS Pantai Indah Kapuk, SIS Kelapa Gading, SIS Cilegon, SIS Semarang, SIS Palembang, and SIS Medan.
Recognised as a qualified international educational institution through the use of the Singapore Curriculum, one of the best educational systems in the world, the International General School Certificate of Education (IGSCE) and International Baccalaureate (IB) programmes, SIS Group of Schools’ reputation of excellence is well-established.
| SIS Group of Schools CONTACT:
Mr. Indra Kurnia Erwin |
Agency CONTACT:
Ryan McClure |
References
1(2018). The future of jobs report 2018. Cologny/Geneva, Switzerland, 91-93 route de la Capite CH-1223: World Economic Forum.
2Nair, L. (2018, October 5). In the future of work it’s jobs, not people, that will become redundant. Retrieved from: https://www.weforum.org/
3Armstrong, M. (2016, December 7). OECD PISA The top rated countries/regions 2016. Retrieved from: https://www.statista.com/
4Wood, J. (2018, October 13). Children in Singapore will no longer be ranked by exam results. Here’s why. Retrieved from: https://www.weforum.org/
Social Media
Facebook Instagram Twitter LinkedIn
A video accompanying this announcement is available at:
http://www.globenewswire.com/
A photo accompanying this announcement is available at:
http://www.globenewswire.com/
