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April 15th 2019: Russia to Send Soldiers to Central African Republic as Part of U.N. Force: Decree
https://www.nytimes.com/reuters/2019/04/15/world/europe/15reuters-africa-russia.html
MOSCOW — Russia will send up to 30 military personnel to Central African Republic as part of a U.N mission to help stabilize the country, according to a decree signed by President Vladimir Putin on Monday.
The decree said the Russian contingent would include military observers, staff officers and military communications specialists.
Moscow has already sent military equipment to CAR and Russian instructors are on the ground helping train the country's armed forces.
(Reporting by Polina Devitt; Editing by Andrew Osborn)
April 15th 2019: Russia to Send Soldiers to Central African Republic as Part of U.N. Force: Decree
https://www.nytimes.com/reuters/2019/04/15/world/europe/15reuters-africa-russia.html
MOSCOW — Russia will send up to 30 military personnel to Central African Republic as part of a U.N mission to help stabilize the country, according to a decree signed by President Vladimir Putin on Monday.
The decree said the Russian contingent would include military observers, staff officers and military communications specialists.
Moscow has already sent military equipment to CAR and Russian instructors are on the ground helping train the country's armed forces.
(Reporting by Polina Devitt; Editing by Andrew Osborn)
Canaf Investments registers South African subsidiaries
2019-04-15 10:50 MT - News Release
Mr. Christopher Way reports
CANAF ANNOUNCES NEW SOUTH AFRICAN SUBSIDIARIES
Canaf Investments Inc. has registered new South African subsidiaries as part of its growth and diversification strategy.
Canaf has registered a new wholly owned South African subsidiary, Canaf Investments Pty. Ltd., which wholly owns Canaf Estate Holdings Pty. Ltd.
The new subsidiaries have been registered as part of the corporation's strategy plans, with the intention of creating a diverse corporation focused on sustainable and long-term growth sectors within South Africa. Canaf Investments Pty. will be used to act as a holding company for new South African investment companies.
CEH will be used to invest in properties primarily within the suburbs of the old Johannesburg CBD; an area that is currently benefiting from significant investment and regeneration projects. The corporation sees investment in real estate in these suburban areas as an opportunity to acquire properties that should experience significant capital growth, whilst yielding healthy rental returns. Examples of major projects close to CEH's target area include Jewel City, Maboneng and Victoria Yards, and one of the major funds to invest in the area is Divercity, http://divercity.co.za.
The vision for CEH is to acquire, redevelop and hold properties targeting the student and affordable housing market, with the goal to purchase enough critical mass to uplift the entire area, thereby growing the capital value of the properties in the area.
The Corporation can also confirm the acquisition of CEH's first investment of approximately $150,000, which is expected to yield a 20-per-cent return when fully occupied. Funding is sourced organically through existing cash reserves and local lenders. Canaf plans to develop further opportunities using similar sources of capital.
About Canaf Investments Inc.
Canaf is a public company listed on the TSX Venture Exchange. Canaf's registered office is in Vancouver, B.C., Canada, with subsidiary offices in the United Kingdom and South Africa. Canaf owns 100 per cent of Quantum Screening and Crushing Pty. Ltd., a South African-based company that owns 70 per cent of Southern Coal.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.
African Development Bank approves strategy for Central Africa – “crucial for the economic integration of the region”
https://africandailyvoice.com/en/2019/04/15/african-development-bank-approves-strategy-central-africa-crucial-economic-integration-region/
2019-04-15 Central African Republic, POLITICS
Johannesburg, South Africa (ADV) – The Board of the African Development Bank (AfDB) on Monday approved the Central Africa Regional Integration Strategy Paper 2019 – 2025, adopting the Bank’s multinational operations in Central Africa over the indicated period, African Daily Voice has learnt.
According to a statement issued by AfDB, the Central Africa Regional Integration Strategy Paper (RISP) for 2019 – 2025 builds on the lessons learned from the implementation of previous regional development initiatives. It also lists the Bank’s plans to accelerate intra-regional trade, inclusive economic growth and structural transformation of the Central African region.
“It will guide the Bank’s regional operations in seven member countries of the Economic Community of Central African States (ECCAS), namely Cameroon, Chad, Congo, Equatorial Guinea, Gabon, Democratic Republic of Congo (DRC), and the Central African Republic – a combined population of some 130 million people,” reads a statement Chawki Chahed, Chief Communications Officer, Communication & External Relations Department, African Development Bank.
“The cooperation, integration and economic development goals of the 2019 – 2025 Central Africa regional strategy will be achieved from the basis of two pillars: the first strengthens regional infrastructure (focusing on electricity networks, transport and ICT), while the second supports reforms for intra-regional trade development and cross-border investments and builds the institutional capacity of regional organizations, especially ECCAS and the Economic and Monetary Community of Central Africa (CEMAC).”
Ousmane Dore, Director-General of the Bank’s Central Africa Regional Development and Business Delivery Office said in 2018, the GDP growth rate in Central Africa doubled to 2.2 % from 1.1% in 2017, but remained below the sub-Saharan average of 3.5%.
“The region’s growth was driven primarily by global commodity prices, principally oil. Other countries within the ECCAS region continued to grapple with the vicious circle of instability and fragility, weak human and institutional capacity, and infrastructure deficits in the transport, energy and ICT sectors.
“Central Africa has significant oil resources, deposits of precious metals and minerals, huge transboundary water resources, and the continent’s greatest hydropower potential. Implementation of the Central Africa integration strategy will encourage regional and national authorities to ensure that cross-border programs and initiatives are embedded into public resource planning and administration,” said Dore.
The bank further stated that implementation of the Central Africa RISP will require investments amounting to US$ 4.421 billion, corresponding to 30 regional operations over the seven-year period. About 88% of the planned funding would be devoted to strengthening regional infrastructure. The infrastructure and institutional capacity-building components of the plan will also support the resilience of the countries in the region. Specific operations will also strengthen resilience to food insecurity, enable the socio-economic reintegration of vulnerable groups, and conserve ecosystems in the Congo Basin.
“The African Development Bank’s ongoing support for Central Africa is crucial for the successful economic integration of the countries in the region. The new Regional Integration Strategy Paper continues this tradition of supportive interventions in critical economic sectors. Ultimately, it will be a huge boost to intra-regional trade and a much needed structural transformation of the policy and business environment,” said Moono Mupotola, the Bank’s Director of Regional Development and Regional Integration.
The RISP is in conformity with the Bank’s new Regional Integration Strategy Framework (RISF) which was approved in March 2018, and the Ten-Year Strategy of the African Development Bank Group (2013-2022). It also aligns with the regional priorities from ECCAS and CEMAC and the Bank’s High 5priorities
African Development Bank approves strategy for Central Africa – “crucial for the economic integration of the region”
https://africandailyvoice.com/en/2019/04/15/african-development-bank-approves-strategy-central-africa-crucial-economic-integration-region/
2019-04-15 Central African Republic, POLITICS
Johannesburg, South Africa (ADV) – The Board of the African Development Bank (AfDB) on Monday approved the Central Africa Regional Integration Strategy Paper 2019 – 2025, adopting the Bank’s multinational operations in Central Africa over the indicated period, African Daily Voice has learnt.
According to a statement issued by AfDB, the Central Africa Regional Integration Strategy Paper (RISP) for 2019 – 2025 builds on the lessons learned from the implementation of previous regional development initiatives. It also lists the Bank’s plans to accelerate intra-regional trade, inclusive economic growth and structural transformation of the Central African region.
“It will guide the Bank’s regional operations in seven member countries of the Economic Community of Central African States (ECCAS), namely Cameroon, Chad, Congo, Equatorial Guinea, Gabon, Democratic Republic of Congo (DRC), and the Central African Republic – a combined population of some 130 million people,” reads a statement Chawki Chahed, Chief Communications Officer, Communication & External Relations Department, African Development Bank.
“The cooperation, integration and economic development goals of the 2019 – 2025 Central Africa regional strategy will be achieved from the basis of two pillars: the first strengthens regional infrastructure (focusing on electricity networks, transport and ICT), while the second supports reforms for intra-regional trade development and cross-border investments and builds the institutional capacity of regional organizations, especially ECCAS and the Economic and Monetary Community of Central Africa (CEMAC).”
Ousmane Dore, Director-General of the Bank’s Central Africa Regional Development and Business Delivery Office said in 2018, the GDP growth rate in Central Africa doubled to 2.2 % from 1.1% in 2017, but remained below the sub-Saharan average of 3.5%.
“The region’s growth was driven primarily by global commodity prices, principally oil. Other countries within the ECCAS region continued to grapple with the vicious circle of instability and fragility, weak human and institutional capacity, and infrastructure deficits in the transport, energy and ICT sectors.
“Central Africa has significant oil resources, deposits of precious metals and minerals, huge transboundary water resources, and the continent’s greatest hydropower potential. Implementation of the Central Africa integration strategy will encourage regional and national authorities to ensure that cross-border programs and initiatives are embedded into public resource planning and administration,” said Dore.
The bank further stated that implementation of the Central Africa RISP will require investments amounting to US$ 4.421 billion, corresponding to 30 regional operations over the seven-year period. About 88% of the planned funding would be devoted to strengthening regional infrastructure. The infrastructure and institutional capacity-building components of the plan will also support the resilience of the countries in the region. Specific operations will also strengthen resilience to food insecurity, enable the socio-economic reintegration of vulnerable groups, and conserve ecosystems in the Congo Basin.
“The African Development Bank’s ongoing support for Central Africa is crucial for the successful economic integration of the countries in the region. The new Regional Integration Strategy Paper continues this tradition of supportive interventions in critical economic sectors. Ultimately, it will be a huge boost to intra-regional trade and a much needed structural transformation of the policy and business environment,” said Moono Mupotola, the Bank’s Director of Regional Development and Regional Integration.
The RISP is in conformity with the Bank’s new Regional Integration Strategy Framework (RISF) which was approved in March 2018, and the Ten-Year Strategy of the African Development Bank Group (2013-2022). It also aligns with the regional priorities from ECCAS and CEMAC and the Bank’s High 5priorities
Central African Republic: $ 45 Million from World Bank for Solar Field Construction
https://africandailyvoice.com/2019/04/10/centrafrique-45-millions-dollars-banque-mondiale-construction-champ-solaire/
Bangui, Central African Republic (CAR) - The Central African government and the World Bank signed a $ 45 million multilateral agreement in Washington on April 9 for the construction of a solar field near the capital Bangui.
The Central African government represented by the Ministers of Economy, Planning and Cooperation, Félix Moloua and that of Finance and Budget Henri-Marie Dondra, sealed this agreement in a context where it places the energy issue at the center. of his concerns for this year 2019.
According to the government, with this project, the Central African Republic wants to increase energy capacity by 25 megawatts in order to boost the economy, in line with Pillar 3 of the National Recovery and Peacebuilding Plan (RCPCA). The start of work is scheduled for August 2019.
With a rate of access to electricity that is 4% against an African average of 16%, the Central African government intends to raise this level with several projects. The extension works of the Boali 2 plant have just been launched thanks to the financial support of the African Development Bank for an amount of 23 billion FCFA to have 10 megawat more.
Central African energy will also benefit this year from another 10 megawat that will come from the installation of a thermal power plant with financing from the Saudi fund. This project includes a public lighting component for 14 avenues in the city of Bangui. The executory phase of the work is also planned for the second semester, the contract being already awarded.
"We will continue with the support of our partners to invest heavily in energy infrastructure, very important for our development," said the head of state Faustin Archange Touadera on March 30 on the occasion of his year 3 in power.
Several affluent investors, the Central African Republic after the signing of the peace agreement and Khartoum, is made possible thanks to the support of the Russian Federation, which further strengthens its cooperation with this country friends long abused by the Western powers.
Central African Republic: $ 45 Million from World Bank for Solar Field Construction
https://africandailyvoice.com/2019/04/10/centrafrique-45-millions-dollars-banque-mondiale-construction-champ-solaire/
Bangui, Central African Republic (CAR) - The Central African government and the World Bank signed a $ 45 million multilateral agreement in Washington on April 9 for the construction of a solar field near the capital Bangui.
The Central African government represented by the Ministers of Economy, Planning and Cooperation, Félix Moloua and that of Finance and Budget Henri-Marie Dondra, sealed this agreement in a context where it places the energy issue at the center. of his concerns for this year 2019.
According to the government, with this project, the Central African Republic wants to increase energy capacity by 25 megawatts in order to boost the economy, in line with Pillar 3 of the National Recovery and Peacebuilding Plan (RCPCA). The start of work is scheduled for August 2019.
With a rate of access to electricity that is 4% against an African average of 16%, the Central African government intends to raise this level with several projects. The extension works of the Boali 2 plant have just been launched thanks to the financial support of the African Development Bank for an amount of 23 billion FCFA to have 10 megawat more.
Central African energy will also benefit this year from another 10 megawat that will come from the installation of a thermal power plant with financing from the Saudi fund. This project includes a public lighting component for 14 avenues in the city of Bangui. The executory phase of the work is also planned for the second semester, the contract being already awarded.
"We will continue with the support of our partners to invest heavily in energy infrastructure, very important for our development," said the head of state Faustin Archange Touadera on March 30 on the occasion of his year 3 in power.
Several affluent investors, the Central African Republic after the signing of the peace agreement and Khartoum, is made possible thanks to the support of the Russian Federation, which further strengthens its cooperation with this country friends long abused by the Western powers.
Molori plans to roll back shares 1 for 4
2019-04-12 15:31 MT - News Release
Mr. Joel Dumaresq reports
MOLORI ENERGY ANNOUNCES PROPOSED SHARE CONSOLIDATION
Molori Energy Inc. will seek TSX Venture Exchange approval to consolidate all of its issued and outstanding shares on the basis of four old common shares being consolidated into one new common share. In accordance with current TSXV policies, shareholder approval will not be required for the proposed Share Consolidation. The proposed Share Consolidation has been approved by the Company's board of directors.
The proposed Share Consolidation would result in the number of issued and outstanding Common Shares being reduced from the current outstanding of 39,980,498 Common Shares to 9,995,124 Common Shares.
The Company does not intend to change its name or its current trading symbol in connection with the proposed Share Consolidation.
Management of the Company believes that the proposed Share Consolidation will better position the Company to raise the funds it requires to finance ongoing business activities.
The effective date of the Share Consolidation will be disclosed in a subsequent news release. Notwithstanding the foregoing, the board of directors may, at its discretion, determine not to effect the Share Consolidation.
About Molori
Molori Energy Inc. is an oil and gas production company with current operations in the Texas Panhandle West Field. The focus of the Company's exploration and development arm is the underdeveloped Red Cave formation, where Molori has engaged in a broad drilling program to assess and develop its acreage. Molori's business model is to deliver sustainable growth in shareholder value by focusing on exploiting its existing reserves, commercializing and developing discoveries and pursuing selective acquisitions. Molori's operating team, based in Borger, Texas have extensive experience in the oil and gas industry in the Texas Panhandle. The Company believes that the area represents a significant hydrocarbon basin in a well-developed region.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.
US Department of State: Secretary Pompeo’s Meeting With Central African Republic President Faustin Archange Touadera
https://www.stl.news/us-department-of-state-secretary-pompeos-meeting-with-central-african-republic-president-faustin-archange-touadera/272830/
04/11/2019Marty SmithNo Comments
WASHINGTON (STL.News) – The US Department of State release the following:
The below is attributable to Spokesperson Morgan Ortagus:?
Secretary Michael R. Pompeo met today with Central African Republic (CAR) President Faustin Archange Touadera in Washington, D.C. The Secretary affirmed U.S.-CAR relations and underscored strong support for President Touadera’s efforts to bring lasting stability and security to the Central African people by implementing the recently signed peace agreement. The two leaders exchanged views on a variety of key issues, including institutionalizing democratic reforms, creating a more inclusive and transparent business environment to revitalize the CAR economy, and ensuring justice for victims of war crimes. President Touadera also expressed his commitment to building an inclusive government and fighting impunity.
US Department of State: Secretary Pompeo’s Meeting With Central African Republic President Faustin Archange Touadera
https://www.stl.news/us-department-of-state-secretary-pompeos-meeting-with-central-african-republic-president-faustin-archange-touadera/272830/
04/11/2019Marty SmithNo Comments
WASHINGTON (STL.News) – The US Department of State release the following:
The below is attributable to Spokesperson Morgan Ortagus:?
Secretary Michael R. Pompeo met today with Central African Republic (CAR) President Faustin Archange Touadera in Washington, D.C. The Secretary affirmed U.S.-CAR relations and underscored strong support for President Touadera’s efforts to bring lasting stability and security to the Central African people by implementing the recently signed peace agreement. The two leaders exchanged views on a variety of key issues, including institutionalizing democratic reforms, creating a more inclusive and transparent business environment to revitalize the CAR economy, and ensuring justice for victims of war crimes. President Touadera also expressed his commitment to building an inclusive government and fighting impunity.
Central African Republic: Six armed groups sign peace agreement in Bria
Note: This is an important agreement due to the fact that Bria is a few hours away from Ndassima and directly on the same access road.
https://reliefweb.int/report/central-african-republic/central-african-republic-six-armed-groups-sign-peace-agreement-bria
Six armed groups (the UPC, MPC, RPRC, MLCJ, Anti-Balaka (Mokom faction) and the FPRC)* signed an important peace agreement Tuesday 9 April in Bria, in the Central African Republic (CAR), which is expected to put an end to more than six years of violent conflict in the eastern region of Haute-Kotto.
The Accord is the result of talks convened by the Centre for Humanitarian Dialogue (HD) between the groups from 1-9 April 2019 in Bria. It also marks the culmination of months of intensive local mediation efforts led by HD to bring an end to violence across the Haute-Kotto region. Repeated attacks by the groups in the area since 2013 have led to the loss of many lives, widespread destruction of property and the displacement of thousands of people. The violence has also increased the divide between the Christian and Muslim communities which has been instrumentalised by the armed groups.
The Bria Agreement builds on the Accord for Peace and Reconciliation in the CAR (APPR), which was signed on 6 February 2019 between the Government and fourteen armed groups, including the six Bria Agreement signatories.
Under the terms of the Bria Accord, the parties have committed to:
Putting an end to violence;
Ensuring peace and security throughout the region;
Resolving grievances peacefully;
Refusing the instrumentalisation of differences based on politics, ethnicity or religion ;
Ensuring the safe return of refugees and internally displaced persons; and,
Guaranteeing the free movement of persons, goods and services, and humanitarian personnel. The follow-up committee set up under the APPR will be in charge of monitoring implementation of the Bria Accord.
“This Agreement represents an important step in strengthening the APPR and turning Central African people’s hope for peace and reconciliation into reality.” said Freddy Nkurikiye, HD’s Special Representative for Central and West Africa.
HD has been working in support of peace in the CAR since 2007, assisting both the country’s National Political Dialogue and community-based mediation efforts. HD played a key role in the 2008 Inclusive Political Dialogue, the 2015 Bangui Forum, the 2016 electoral process and more recently, the 2019 APPR process. The organisation has also been involved in the facilitation of local agreements such as the 2017 Bouar Agreement between the 3R and anti-Balakas armed groups which enabled the stabilization of parts of the Nana Mambéré province.
HD would like to thank the parties, the United Nations Multi-dimensional, integrated and stabilization Mission (MINUSCA) as well as the local administrative, traditional and religious leaders for their support to the mediation process which led to the Bria Agreement.
The organisation would also like to express its gratitude to the European Union for its financial support which has enabled HD to support peace efforts in CAR since 2014.
END
For any further enquiries, please contact HD’s Special Representative for West and Central Africa, Mr Freddy Nkurikiye, by phone on +41 79 388 35 31, or by email: nkurikiye@hdcentre.org
For further information about HD, please send an email to: pr@hdcentre.org
*UPC: Unité Pour la paix en Centrafrique; MPC: Mouvement Patriotique pour la Centrafrique; RPRC: Rassemblement Patriotique pour le Renouveau de la Centrafrique; MLCJ: Mouvement des Libérateurs Centrafricains pour la Justice; FPRC: Front Populaire pour la Renaissance de la Centrafrique
Central African Republic: Six armed groups sign peace agreement in Bria
Note: This is an important agreement due to the fact that Bria is a few hours away from Ndassima and directly on the same access road.
https://reliefweb.int/report/central-african-republic/central-african-republic-six-armed-groups-sign-peace-agreement-bria
Six armed groups (the UPC, MPC, RPRC, MLCJ, Anti-Balaka (Mokom faction) and the FPRC)* signed an important peace agreement Tuesday 9 April in Bria, in the Central African Republic (CAR), which is expected to put an end to more than six years of violent conflict in the eastern region of Haute-Kotto.
The Accord is the result of talks convened by the Centre for Humanitarian Dialogue (HD) between the groups from 1-9 April 2019 in Bria. It also marks the culmination of months of intensive local mediation efforts led by HD to bring an end to violence across the Haute-Kotto region. Repeated attacks by the groups in the area since 2013 have led to the loss of many lives, widespread destruction of property and the displacement of thousands of people. The violence has also increased the divide between the Christian and Muslim communities which has been instrumentalised by the armed groups.
The Bria Agreement builds on the Accord for Peace and Reconciliation in the CAR (APPR), which was signed on 6 February 2019 between the Government and fourteen armed groups, including the six Bria Agreement signatories.
Under the terms of the Bria Accord, the parties have committed to:
Putting an end to violence;
Ensuring peace and security throughout the region;
Resolving grievances peacefully;
Refusing the instrumentalisation of differences based on politics, ethnicity or religion ;
Ensuring the safe return of refugees and internally displaced persons; and,
Guaranteeing the free movement of persons, goods and services, and humanitarian personnel. The follow-up committee set up under the APPR will be in charge of monitoring implementation of the Bria Accord.
“This Agreement represents an important step in strengthening the APPR and turning Central African people’s hope for peace and reconciliation into reality.” said Freddy Nkurikiye, HD’s Special Representative for Central and West Africa.
HD has been working in support of peace in the CAR since 2007, assisting both the country’s National Political Dialogue and community-based mediation efforts. HD played a key role in the 2008 Inclusive Political Dialogue, the 2015 Bangui Forum, the 2016 electoral process and more recently, the 2019 APPR process. The organisation has also been involved in the facilitation of local agreements such as the 2017 Bouar Agreement between the 3R and anti-Balakas armed groups which enabled the stabilization of parts of the Nana Mambéré province.
HD would like to thank the parties, the United Nations Multi-dimensional, integrated and stabilization Mission (MINUSCA) as well as the local administrative, traditional and religious leaders for their support to the mediation process which led to the Bria Agreement.
The organisation would also like to express its gratitude to the European Union for its financial support which has enabled HD to support peace efforts in CAR since 2014.
END
For any further enquiries, please contact HD’s Special Representative for West and Central Africa, Mr Freddy Nkurikiye, by phone on +41 79 388 35 31, or by email: nkurikiye@hdcentre.org
For further information about HD, please send an email to: pr@hdcentre.org
*UPC: Unité Pour la paix en Centrafrique; MPC: Mouvement Patriotique pour la Centrafrique; RPRC: Rassemblement Patriotique pour le Renouveau de la Centrafrique; MLCJ: Mouvement des Libérateurs Centrafricains pour la Justice; FPRC: Front Populaire pour la Renaissance de la Centrafrique
Spectra Inc. Reports Redemption of Preferred Shares
For Immediate Release – April 11, 2019
Toronto, Ontario – Spectra Inc. (SSA: TSX VENTURE) reports redemption of 100
Preferred Shares on March 31, 2019
Due to the strong results in 2018 and solid cash position at the end of the first quarter of
2019, the Corporation was able to redeem 100 Preferred Shares for $100,000 on March
31, 2019. This was three months ahead of the required redemption date of June 30,
2019.
With the 400 shares redeemed previously in 2017 and 2018 for $400,000, we will have
now redeemed $500,000 of the original balance of $750,000, leaving a remaining 250
shares with a value of $250,000 still outstanding. 125 of these shares are due for
redemption on December 31, 2019 and the final balance of 125 shares is due for
redemption on June 30, 2020.
Spectra Inc., through its subsidiary, Spectra Products Inc., is the Toronto-based North
American designer, manufacturer and distributor of Brake SafeÒ, the visual brake stroke
indicating system, Brake InspectorÒ, the company’s electronic in-cab air brake diagnostic
system and the Termin-8RÒ line of anti-corrosion and extreme pressure lubricants.
Spectra Products Inc. distributes Zafety Lug LockÒ, a lug nut retainer that uses the
resistance between wheel nuts to minimize their ability to rotate and loosen, reducing the
risk of wheel damage or wheel loss and Hub Alert™, an innovative heat sensing label that
provides an alert for overheating wheel ends, reducing the risk of bearing failure and
corresponding maintenance and repair costs.
Except for the historical information contained herein, this news release contains forward
looking statements that involve risks and uncertainties, including the impact of
competitive products and pricing and general economic conditions as they affect the
Corporation’s customers. Actual results and developments may therefore differ
materially from those described in this release.
On behalf of the Board of Directors,
Glen Campbell, Chairman, Spectra Inc.
Investor Relations: 1-800-308-5255
E-Mail: info@spectrainc.ca
Website: www.spectrainc.ca
____________________________________________________
Spectra Inc. Reports Appointment of a New Director for its
subsidiary, Spectra Products Inc.
For Immediate Release – April 11, 2019
Toronto, Ontario – Spectra Inc. (SSA: TSX VENTURE) reports that Mr. Mark Donatelli,
elected to the Board of Directors of Spectra Products Inc., a subsidiary of Spectra Inc. on
January 7, 2019 has resigned from that Board.
Mr. Andrew Malion a Director of Spectra Inc. and President of both Spectra Inc. and
Spectra Products Inc. and previously a Director of Spectra Products Inc. has been
appointed to fill the vacancy on the Board of Spectra Products Inc. created by Mr.
Donatelli’s resignation.
Spectra Inc., through its subsidiary, Spectra Products Inc., is the Toronto-based North
American designer, manufacturer and distributor of Brake SafeÒ, the visual brake stroke
indicating system, Brake InspectorÒ, the company’s electronic in-cab air brake diagnostic
system and the Termin-8RÒ line of anti-corrosion and extreme pressure lubricants.
Spectra Products Inc. distributes Zafety Lug LockÒ, a lug nut retainer that uses the
resistance between wheel nuts to minimize their ability to rotate and loosen, reducing the
risk of wheel damage or wheel loss and Hub Alert™, an innovative heat sensing label that
provides an alert for overheating wheel ends, reducing the risk of bearing failure and
corresponding maintenance and repair costs.
Except for the historical information contained herein, this news release contains forward
looking statements that involve risks and uncertainties, including the impact of
competitive products and pricing and general economic conditions as they affect the
Corporation’s customers. Actual results and developments may therefore differ
materially from those described in this release.
On behalf of the Board of Directors,
Glen Campbell, Chairman, Spectra Inc.
Investor Relations: 1-800-308-5255
E-Mail: info@spectrainc.ca
Website: www.spectrainc.ca
New CAR Articles: UN Embargo Lifting Criteria, Integration Of Rebels, & New Mining Job
UN Embargo Lifting Details: https://reliefweb.int/report/central-african-republic/security-council-announces-benchmarks-guide-decision-potential
Un Tells CAR To Integrate Rebels: https://www.france24.com/en/20190409-un-tells-c-africa-reintegrate-rebels
New Mining Application For Work In CAR: https://www.worldwide-rs.com/job/open-pit-mine-electrical-coordinator-jobid-j20102
New CAR Articles: UN Embargo Lifting Criteria, Integration Of Rebels, & New Mining Job
UN Embargo Lifting Details: https://reliefweb.int/report/central-african-republic/security-council-announces-benchmarks-guide-decision-potential
Un Tells CAR To Integrate Rebels: https://www.france24.com/en/20190409-un-tells-c-africa-reintegrate-rebels
New Mining Application For Work In CAR: https://www.worldwide-rs.com/job/open-pit-mine-electrical-coordinator-jobid-j20102
Axmin appoints Jiang as CEO of Somio, Aurafrique
2019-04-10 05:55 MT - News Release
Ms. Lucy Yan reports
AXMIN INC ANNOUNCES NEW SENIOR MANAGEMENT APPOINTMENTS
Axmin Inc. has appointed Lifei Jiang as chief executive officer of Somio Toungou SA and chief executive officer of Aurafrique SARL in Central African Republic and Jean Qian as board secretary and chief executive officer assistant of Axmin.
Mr. Lifei Jiang benefits form over fifteen years of senior operational experience in Africa in the investment, construction and mining industries. He has served as project manager, vice general manager and general manager for the Chinese states owned enterprises China Geo-Engineering Corporation (CGC) and CGCOC Group Company Limited in several African countries where he was directly responsible for project management, bidding, financial controls, team building, and market development.
Mr. Jiang is extremely familiar with local traditions and cultures, different applicable mining laws and effective operational procedures for delivering mining operations in Africa. For AXMIN, Mr. Jiang will be managing the in-country operations of the Company.
Mr. Qian benefits from experience in senior administration of Chinese companies working with international counterparties to manage projects within and outside of China. He has been responsible for coordination and international communication in large events, as well as corporate news releases and translations.
AXMIN's Chairman and CEO Lucy Yan sated:
AXMIN is very pleased to appoint Mr. Jiang and Mr. Qian to assist the company with our in-country operations and international co-ordination. We believe these key staff additions will assist the Company as we fully restart our operations in the Central African Republic in the near future. We are very excited to see the improving security developments in the region around our mining asset and will provide a further update in this regard.
About AXMIN
AXMIN is a Canadian exploration and development company with a strong focus on the African continent. AXMIN continues to closely monitor the security situation at its Passendro Gold Project in the Central African Republic. For more information regarding AXMIN visit our website at www.axmininc.com. Please follow us on Facebook https://www.facebook.com/axmininc
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.
Axmin appoints Jiang as CEO of Somio, Aurafrique
2019-04-10 05:55 MT - News Release
Ms. Lucy Yan reports
AXMIN INC ANNOUNCES NEW SENIOR MANAGEMENT APPOINTMENTS
Axmin Inc. has appointed Lifei Jiang as chief executive officer of Somio Toungou SA and chief executive officer of Aurafrique SARL in Central African Republic and Jean Qian as board secretary and chief executive officer assistant of Axmin.
Mr. Lifei Jiang benefits form over fifteen years of senior operational experience in Africa in the investment, construction and mining industries. He has served as project manager, vice general manager and general manager for the Chinese states owned enterprises China Geo-Engineering Corporation (CGC) and CGCOC Group Company Limited in several African countries where he was directly responsible for project management, bidding, financial controls, team building, and market development.
Mr. Jiang is extremely familiar with local traditions and cultures, different applicable mining laws and effective operational procedures for delivering mining operations in Africa. For AXMIN, Mr. Jiang will be managing the in-country operations of the Company.
Mr. Qian benefits from experience in senior administration of Chinese companies working with international counterparties to manage projects within and outside of China. He has been responsible for coordination and international communication in large events, as well as corporate news releases and translations.
AXMIN's Chairman and CEO Lucy Yan sated:
AXMIN is very pleased to appoint Mr. Jiang and Mr. Qian to assist the company with our in-country operations and international co-ordination. We believe these key staff additions will assist the Company as we fully restart our operations in the Central African Republic in the near future. We are very excited to see the improving security developments in the region around our mining asset and will provide a further update in this regard.
About AXMIN
AXMIN is a Canadian exploration and development company with a strong focus on the African continent. AXMIN continues to closely monitor the security situation at its Passendro Gold Project in the Central African Republic. For more information regarding AXMIN visit our website at www.axmininc.com. Please follow us on Facebook https://www.facebook.com/axmininc
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.
Security Council Announces Benchmarks to Guide Decision on Potential Lifting of Arms Embargo against Central African Republic
9 APRIL 2019
https://www.un.org/press/en/2019/sc13769.doc.htm
Presidential Statement Expresses Readiness to Review Ban, Sets Terms for Removal
The Security Council expressed today its readiness to review the arms embargo it imposed on the Central African Republic, announcing a set of benchmarks to guide its decision as to whether it will suspend or progressively lift that restriction later this year.
Issuing presidential statement S/PRST/2019/3, Christoph Heusgen (Germany), President for April, recalled the Council’s intention to establish, by 30 April, “clear and well-identified key benchmarks” to measure progress in reforming the security sector, on advancing the disarmament, demobilization, reintegration and rehabilitation process, and on managing weapons and ammunition.
More specifically, the benchmarks would require the Government of the Central African Republic to implement the National Programme for Disarmament, Demobilization, Reintegration and Repatriation, in particular the socioeconomic reintegration of former members of armed groups and the integration of vetted former members into all uniformed services; and to draft a planning document detailing its needs in terms of weapons and facilities for the storage of ammunition.
Other benchmarks would require the Government to finalize a protocol on the registration and management of armaments intended for the national defence and security forces, covering small arms, light weapons and ammunition; to operationalize a national commission to combat the proliferation of small arms and light weapons; and to establish a protocol on the collection and destruction — or transfer to the armed forces and internal security forces — of unregistered or illicitly held weapons and ammunition seized by the authorities.
The presidential statement reiterated the Council’s request that the Secretary-General conduct an assessment, no later than 31 July, of progress made on the benchmarks, in close consultation with the United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA), United Nations Mine Action Service and the Panel of Experts on the Central African Republic. The Council further recalled its intention to review, by 30 September, the arms embargo in light of that assessment.
It also reiterated the Council’s request that the Central African Republic authorities report to the Committee established pursuant to resolution 2127 (2013), by 30 June, on progress relating to security sector reform; on the disarmament, demobilization, reintegration and rehabilitation process; and on the management of weapons and ammunition. Meanwhile, the Council acknowledged the urgent need of the Central African Republic authorities to train and equip their national defence and security forces.
The Council welcomed the consensus reached by the signatories to the Political Agreement for Peace and Reconciliation, signed in Bangui on 6 February between the Government of the Central African Republic and 14 non-State armed groups. It welcomed also the engagement of the African Union, Economic Community of Central African States (ECCAS) and the United Nations. Urging stakeholders to implement the peace agreement “in good faith and without delay”, the Council called upon neighbouring countries, regional organizations and all international partners to support its implementation and coordinate their actions with the aim of bringing lasting peace and stability to the country.
Security Council Announces Benchmarks to Guide Decision on Potential Lifting of Arms Embargo against Central African Republic
9 APRIL 2019
https://www.un.org/press/en/2019/sc13769.doc.htm
Presidential Statement Expresses Readiness to Review Ban, Sets Terms for Removal
The Security Council expressed today its readiness to review the arms embargo it imposed on the Central African Republic, announcing a set of benchmarks to guide its decision as to whether it will suspend or progressively lift that restriction later this year.
Issuing presidential statement S/PRST/2019/3, Christoph Heusgen (Germany), President for April, recalled the Council’s intention to establish, by 30 April, “clear and well-identified key benchmarks” to measure progress in reforming the security sector, on advancing the disarmament, demobilization, reintegration and rehabilitation process, and on managing weapons and ammunition.
More specifically, the benchmarks would require the Government of the Central African Republic to implement the National Programme for Disarmament, Demobilization, Reintegration and Repatriation, in particular the socioeconomic reintegration of former members of armed groups and the integration of vetted former members into all uniformed services; and to draft a planning document detailing its needs in terms of weapons and facilities for the storage of ammunition.
Other benchmarks would require the Government to finalize a protocol on the registration and management of armaments intended for the national defence and security forces, covering small arms, light weapons and ammunition; to operationalize a national commission to combat the proliferation of small arms and light weapons; and to establish a protocol on the collection and destruction — or transfer to the armed forces and internal security forces — of unregistered or illicitly held weapons and ammunition seized by the authorities.
The presidential statement reiterated the Council’s request that the Secretary-General conduct an assessment, no later than 31 July, of progress made on the benchmarks, in close consultation with the United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA), United Nations Mine Action Service and the Panel of Experts on the Central African Republic. The Council further recalled its intention to review, by 30 September, the arms embargo in light of that assessment.
It also reiterated the Council’s request that the Central African Republic authorities report to the Committee established pursuant to resolution 2127 (2013), by 30 June, on progress relating to security sector reform; on the disarmament, demobilization, reintegration and rehabilitation process; and on the management of weapons and ammunition. Meanwhile, the Council acknowledged the urgent need of the Central African Republic authorities to train and equip their national defence and security forces.
The Council welcomed the consensus reached by the signatories to the Political Agreement for Peace and Reconciliation, signed in Bangui on 6 February between the Government of the Central African Republic and 14 non-State armed groups. It welcomed also the engagement of the African Union, Economic Community of Central African States (ECCAS) and the United Nations. Urging stakeholders to implement the peace agreement “in good faith and without delay”, the Council called upon neighbouring countries, regional organizations and all international partners to support its implementation and coordinate their actions with the aim of bringing lasting peace and stability to the country.
KFG April 2019 Company Presentation: http://kfgresources.com/wp-content/uploads/2019/04/KFG-Resources-Ltd.-April-2019-Company-Presentation.pdf
CAR President Promotes Diamond Leases & New Bangui Electric Project Funded By A Chinese Company
Although these articles are not pertaining to AXM, they are both very positive and show that the country is open for business. Getting support from Chinese companies reflects good on other ones in CAR like Axmin which are majority owned and controlled by Chinese investors/directors.
March 21st 2019 - China Electric Project In Bangui - http://en.ceec.net.cn/art/2019/3/21/art_138_1858149.html
April 2nd 2019 - CAR Invites DeBeers & Alrosa To Mine Diamonds - https://www.diamonds.net/news/NewsItem.aspx?ArticleID=63546
CAR President Promotes Diamond Leases & New Bangui Electric Project Funded By A Chinese Company
Although these articles are not pertaining to AXM, they are both very positive and show that the country is open for business. Getting support from Chinese companies reflects good on other ones in CAR like Axmin which are majority owned and controlled by Chinese investors/directors.
March 21st 2019 - China Electric Project In Bangui - http://en.ceec.net.cn/art/2019/3/21/art_138_1858149.html
April 2nd 2019 - CAR Invites DeBeers & Alrosa To Mine Diamonds - https://www.diamonds.net/news/NewsItem.aspx?ArticleID=63546
AXM Technical Analysis - Bullish Buy Signal
http://www.stockta.com/cgi-bin/analysis.pl?symb=AXM.C&cobrand=&mode=stock
Symbol Last Trade Date Change Open High Low Volume
AXM.C 0.49 Mar-29-2019 0.01 0.5 0.51 0.475 117,208
Note: Canadian symbols now end in .c i.e SYMB.C
Analysis Overall Short Intermediate Long
Bullish (0.36) Neutral (0.12) Very Bullish (0.50) Bullish (0.46)
Support/Resistance
Type Value Conf.
resist. 0.64 2
resist. 0.54 4
supp 0.48 11
supp 0.40 3
supp 0.34 2
supp 0.27 32
supp 0.24 2
supp 0.22 8
supp 0.16 4
Chart Indicators
Ind. short Inter Long
EMA Bu VBu VBu
MACD N VBu VBu
RSI Bu
TDD Bu
Fibs Be VBu VBu
Highs Be N Be
Lows VBu N N
Trends N N N
Stoch. Bu
VBu=Very Bullish, Bu=Bullish
N=Neutral
Be=Bearish, VBe=Very Bearish
Printer friendly charts
Date=Mar-29-2019 Open=0.5 High=0.51 Low=0.475 Close=0.49 Volume=117208
image: http://www.stockta.com/cgi-bin/candle.pl?cobrand=&symb=AXM.C&size=analysis&support=0.16,4,0.22,8,0.24,2,0.27,32,0.34,2,0.40,3,0.48,11,0.54,4,0.64,2&trend=
Recent CandleStick Analysis
Bullish
Date Candle
Mar-28-2019 Inverted Hammer
Mar-27-2019 Bearish Harami
Mar-26-2019 Homing Pigeon
Open Gaps
Direction Date range
up Feb-25-2019 0.4 to 0.48
up Feb-13-2019 0.255 to 0.26
down Mar-28-2019 0.49 to 0.48
Read more at http://www.stockta.com/cgi-bin/analysis.pl?symb=AXM.C&cobrand=&mode=stock#0uYjQeeLx1uMW9FR.99
AXM Technical Analysis - Bullish Buy Signal
http://www.stockta.com/cgi-bin/analysis.pl?symb=AXM.C&cobrand=&mode=stock
Symbol Last Trade Date Change Open High Low Volume
AXM.C 0.49 Mar-29-2019 0.01 0.5 0.51 0.475 117,208
Note: Canadian symbols now end in .c i.e SYMB.C
Analysis Overall Short Intermediate Long
Bullish (0.36) Neutral (0.12) Very Bullish (0.50) Bullish (0.46)
Support/Resistance
Type Value Conf.
resist. 0.64 2
resist. 0.54 4
supp 0.48 11
supp 0.40 3
supp 0.34 2
supp 0.27 32
supp 0.24 2
supp 0.22 8
supp 0.16 4
Chart Indicators
Ind. short Inter Long
EMA Bu VBu VBu
MACD N VBu VBu
RSI Bu
TDD Bu
Fibs Be VBu VBu
Highs Be N Be
Lows VBu N N
Trends N N N
Stoch. Bu
VBu=Very Bullish, Bu=Bullish
N=Neutral
Be=Bearish, VBe=Very Bearish
Printer friendly charts
Date=Mar-29-2019 Open=0.5 High=0.51 Low=0.475 Close=0.49 Volume=117208
image: http://www.stockta.com/cgi-bin/candle.pl?cobrand=&symb=AXM.C&size=analysis&support=0.16,4,0.22,8,0.24,2,0.27,32,0.34,2,0.40,3,0.48,11,0.54,4,0.64,2&trend=
Recent CandleStick Analysis
Bullish
Date Candle
Mar-28-2019 Inverted Hammer
Mar-27-2019 Bearish Harami
Mar-26-2019 Homing Pigeon
Open Gaps
Direction Date range
up Feb-25-2019 0.4 to 0.48
up Feb-13-2019 0.255 to 0.26
down Mar-28-2019 0.49 to 0.48
Read more at http://www.stockta.com/cgi-bin/analysis.pl?symb=AXM.C&cobrand=&mode=stock#0uYjQeeLx1uMW9FR.99
A Conversation with Central African Republic President Touadéra
https://www.usip.org/events/conversation-central-african-republic-president-touadera
A Conversation with Central African Republic President Touadéra
Prospects for Peace in the Central African Republic
The Central African Republic (CAR) has recently taken a significant step toward peace after years of violence and instability. In February, negotiations convened under the auspices of the African Union led to a peace agreement between the CAR government and leaders of armed groups. Now President Faustin-Archange Touadéra must lead the implementation of the agreement to resolve the many complex issues that have driven violence in the country. Join the U.S. Institute of Peace on April 9 to hear President Touadéra discuss his priorities and vision for building peace in CAR.
Since gaining independence from France in 1960, CAR has experienced chronic instability and outbreaks of violent conflict. The most recent crisis began in late 2012 when a coalition of armed groups banded together to seize control of the country, ushering in an unprecedented level of violence that culminated in a bloody coup d'état. While a transitional government was able to hold the country’s first peaceful, democratic election in 2016, ongoing violence and instability threaten to erode this progress. In 2018, intensifying clashes and deepening divisions led to a record 1.1 million people displaced by the conflict and made CAR one of the deadliest countries in the world for aid workers.
The CAR government, in partnership with the international community, is working to address the longstanding grievances driving the conflict and the profound insecurity affecting many of the country’s citizens. Early this year, the African Union led peace negotiations between the government and armed groups in Khartoum, Sudan, the eighth attempt at a peace deal. With support from a wide range of stakeholders, the dialogue produced a new peace deal outlining steps to reduce conflict and build peace.
Take part in the conversation on Twitter with #TouaderaUSIP.
Panelists
His Excellency Faustin-Archange Touadéra
President, Central African Republic
Nancy Lindborg, moderator
President, U.S. Institute of Peace
Ambassador Lucy Tamlyn, opening remarks
U.S. Ambassador, Central African Republic
A Conversation with Central African Republic President Touadéra
https://www.usip.org/events/conversation-central-african-republic-president-touadera
A Conversation with Central African Republic President Touadéra
Prospects for Peace in the Central African Republic
The Central African Republic (CAR) has recently taken a significant step toward peace after years of violence and instability. In February, negotiations convened under the auspices of the African Union led to a peace agreement between the CAR government and leaders of armed groups. Now President Faustin-Archange Touadéra must lead the implementation of the agreement to resolve the many complex issues that have driven violence in the country. Join the U.S. Institute of Peace on April 9 to hear President Touadéra discuss his priorities and vision for building peace in CAR.
Since gaining independence from France in 1960, CAR has experienced chronic instability and outbreaks of violent conflict. The most recent crisis began in late 2012 when a coalition of armed groups banded together to seize control of the country, ushering in an unprecedented level of violence that culminated in a bloody coup d'état. While a transitional government was able to hold the country’s first peaceful, democratic election in 2016, ongoing violence and instability threaten to erode this progress. In 2018, intensifying clashes and deepening divisions led to a record 1.1 million people displaced by the conflict and made CAR one of the deadliest countries in the world for aid workers.
The CAR government, in partnership with the international community, is working to address the longstanding grievances driving the conflict and the profound insecurity affecting many of the country’s citizens. Early this year, the African Union led peace negotiations between the government and armed groups in Khartoum, Sudan, the eighth attempt at a peace deal. With support from a wide range of stakeholders, the dialogue produced a new peace deal outlining steps to reduce conflict and build peace.
Take part in the conversation on Twitter with #TouaderaUSIP.
Panelists
His Excellency Faustin-Archange Touadéra
President, Central African Republic
Nancy Lindborg, moderator
President, U.S. Institute of Peace
Ambassador Lucy Tamlyn, opening remarks
U.S. Ambassador, Central African Republic
Farmers, herders find common ground in Central African Republic
https://www.malaymail.com/news/life/2019/03/27/farmers-herders-find-common-ground-in-central-african-republic/1736918
BAMBARI (Central African Republic), March 27 — At the market in Awatche in the middle of the Central African Republic, fresh sides of beef hang in the sun, tempting village folk after a rare agreement in an age-old dispute.
“Since November 2018, the Fulani have come back to us here,” says Felicien Katiako, chief of the nearby village of Govobanda.
The cattle breeders, who maintain a semi-nomadic lifestyle, had fled their village homes in the region in 2014 for fear of attack by farming communities as violence swept across the country.
While the mistrust that divides settled farmers from migrating folk is a potential source of bloodshed in much of Africa, people of the Awatche region have forged peace.
“We eat beef each week with the Fulani and they can have some cassava,” said Gervais Koyobogui, a chief of the villages along the road linking Bambari, the main town of the region, with Kouango.
Clashes between rival communities remain frequent in the CAR, frequently triggered by cattle rustling or the trampling of crops in the fields.
In Awatche, one steer is worth 500,000 francs (about RM3,506), a fortune for poor country people in one of the world’s least developed nations.
Armed groups are greedy for livestock when cattle represent such a substantial financial gain.
‘Bloody reprisals’
Killings arising from the seasonal migration of herds spiked after a 2013 coup by a mainly Muslim rebel alliance, the Seleka.
The group’s forces from the north were driven out of the southern capital Bangui in about 10 months, but by then the “anti-Balaka (machete)” fighters had emerged to fight the Seleka in various parts of the CAR.
Some of the Fulani took up arms to carry out brutal reprisals over cattle-rustling and “taxes” imposed by the anti-Balaka and by armed groups that formed when the Seleka was officially dissolved.
“The presence of young (Fulani) in ex-Seleka ranks... led to confusion and provoked a cycle of bloody reprisals,” researchers Florent Ankogui-Mpoko and Thierry Vircoulon wrote in a March 2018 report on livestock migration in the country.
The village of Awatche was attacked three times in 2014 and 2015 by rebel forces who originated with the Seleka.
For fear of reprisals by the ethnic Banda farmers, Fulani families from the villages took refuge on territory controlled by ex-Seleka forces, but they did not find the security they hoped for.
“I came back to Awatche three months ago, because out there we suffered too much. I lost a lot of my family and cattle as well,” Mohammad told AFP.
With watchful eyes framed by his turban, he said he lost 280 animals, either stolen or taken by armed groups claiming their tax.
“Every month the Seleka took two or three head of cattle from me,” said Joden, another herder who came back to the village four months ago.
Men like them are returning gradually, encouraged by family initiatives and mediation sessions organised by the authorities.
Mediation, compensation
“We protect the village against thieves, the anti-Balaka and the UPC (Union for Peace in the Central African Republic),” said Simplice, a lanky member of Awatche’s self-defence group.
The village has sorted out a way to settle disputes arising from the destruction of fields by cattle.
“We bring the two sides together in the field, we make a survey, and now we go to the chief to find out how much compensation should be paid,” said mediator Philippe.
The conflict “made the village so very weak,” he said, adding: “It’s only with peace that development will come.”
Problems caused by migratory grazing and cattle thefts remain the norm in most of the rest of the CAR, where the peaceable balance struck in these villages has not taken hold.
In January, more than 13 people were killed at Zaoro Sangou in the west by Fulanis seeking revenge for the murder of stock-breeders a few days earlier.
The bloodshed provoked further reprisals against Muslims in nearby Carnot, who were assaulted, had their shops pillaged and saw a mosque razed to the ground. — AFP
Farmers, herders find common ground in Central African Republic
https://www.malaymail.com/news/life/2019/03/27/farmers-herders-find-common-ground-in-central-african-republic/1736918
BAMBARI (Central African Republic), March 27 — At the market in Awatche in the middle of the Central African Republic, fresh sides of beef hang in the sun, tempting village folk after a rare agreement in an age-old dispute.
“Since November 2018, the Fulani have come back to us here,” says Felicien Katiako, chief of the nearby village of Govobanda.
The cattle breeders, who maintain a semi-nomadic lifestyle, had fled their village homes in the region in 2014 for fear of attack by farming communities as violence swept across the country.
While the mistrust that divides settled farmers from migrating folk is a potential source of bloodshed in much of Africa, people of the Awatche region have forged peace.
“We eat beef each week with the Fulani and they can have some cassava,” said Gervais Koyobogui, a chief of the villages along the road linking Bambari, the main town of the region, with Kouango.
Clashes between rival communities remain frequent in the CAR, frequently triggered by cattle rustling or the trampling of crops in the fields.
In Awatche, one steer is worth 500,000 francs (about RM3,506), a fortune for poor country people in one of the world’s least developed nations.
Armed groups are greedy for livestock when cattle represent such a substantial financial gain.
‘Bloody reprisals’
Killings arising from the seasonal migration of herds spiked after a 2013 coup by a mainly Muslim rebel alliance, the Seleka.
The group’s forces from the north were driven out of the southern capital Bangui in about 10 months, but by then the “anti-Balaka (machete)” fighters had emerged to fight the Seleka in various parts of the CAR.
Some of the Fulani took up arms to carry out brutal reprisals over cattle-rustling and “taxes” imposed by the anti-Balaka and by armed groups that formed when the Seleka was officially dissolved.
“The presence of young (Fulani) in ex-Seleka ranks... led to confusion and provoked a cycle of bloody reprisals,” researchers Florent Ankogui-Mpoko and Thierry Vircoulon wrote in a March 2018 report on livestock migration in the country.
The village of Awatche was attacked three times in 2014 and 2015 by rebel forces who originated with the Seleka.
For fear of reprisals by the ethnic Banda farmers, Fulani families from the villages took refuge on territory controlled by ex-Seleka forces, but they did not find the security they hoped for.
“I came back to Awatche three months ago, because out there we suffered too much. I lost a lot of my family and cattle as well,” Mohammad told AFP.
With watchful eyes framed by his turban, he said he lost 280 animals, either stolen or taken by armed groups claiming their tax.
“Every month the Seleka took two or three head of cattle from me,” said Joden, another herder who came back to the village four months ago.
Men like them are returning gradually, encouraged by family initiatives and mediation sessions organised by the authorities.
Mediation, compensation
“We protect the village against thieves, the anti-Balaka and the UPC (Union for Peace in the Central African Republic),” said Simplice, a lanky member of Awatche’s self-defence group.
The village has sorted out a way to settle disputes arising from the destruction of fields by cattle.
“We bring the two sides together in the field, we make a survey, and now we go to the chief to find out how much compensation should be paid,” said mediator Philippe.
The conflict “made the village so very weak,” he said, adding: “It’s only with peace that development will come.”
Problems caused by migratory grazing and cattle thefts remain the norm in most of the rest of the CAR, where the peaceable balance struck in these villages has not taken hold.
In January, more than 13 people were killed at Zaoro Sangou in the west by Fulanis seeking revenge for the murder of stock-breeders a few days earlier.
The bloodshed provoked further reprisals against Muslims in nearby Carnot, who were assaulted, had their shops pillaged and saw a mosque razed to the ground. — AFP
Canaf Investments Inc. Q1 2019 Results. Financials + MD&A
Ending January 31st 2019. All information can be found at www.sedar.com
TSXV Symbol: CAF - OCTBB Symbol: CAFZF
Price: $0.09
Common Shares: 47,426,195
Insider Holdings: 12,304,085 or 26% - Majority Owned By CEO & Family
Warrants/Options: 0
Financials (All In US Dollars)
ASSETS (Jan 31 2019)
Cash: $591,414
Trade Receivables: $1,521,001
Sales Tax Receivable: $463
Inventories: $622,443
Prepaid Expenses: $22,965
Property & Equipment: $870,984
Interest Bearing Borrowings: $1,287,458
Intangible: $1
Total Assets: $4,916,729
LIABILITIES
Trade Payables: $745,700
Sales Tax Payable: $37,844
Income Tax Payable: $84,206
Total Liabilities: $867,750
Asset/Debt Ratio: 5.67:1
Q1 2019 Performance
Sales: $2,419,633
Gross Profit: $329,519
Net Income: $187,367
Foreign Currency Gain: $401,214
Total Net Income For Q1: $588,581
2017 Net Income(after currency exchange & taxes): $439,664 USD
2018 Net Income(after currency exchange & taxes): $298,144 USD
2019 Q1 Net Income (after currency exchange & taxes): $588,581 USD
Total Net Income Added In 11 Quarters: $1,326,389 or $1,750,833 based on 1.32 exchange
MD&A Highlights
Whilst the Corporation reports another profitable and financially positive quarter, the board can confirm that it is actively looking for new opportunities that will offer long-term growth potential and stability of sales for shareholders, be it related to its existing anthracite calcining operation in South Africa or another new, and unrelated, sector.
With zero long-term debt, a strong balance sheet, and a cash flow positive business in South Africa, the Corporation believes it is in a good position to do so.
Sales for the first quarter of 2019 were low compared to the previous quarter in 2018 at $2,419,633 (2018: $3,273,213), a 26% decline, however gross profits grew to $329,519, compared with $248,562 in the same quarter in 2018, a 33% increase. Net income for the quarter remained static at $187,367 (2018: $187,126), but increased from $108,996 the previous quarter. Despite sales reducing during the quarter, gross profit margin increased due to discounted feed material being purchased during the period as well as savings made through acquisition of machinery, which subsequently reduced rental costs for the Corporation. The Corporation expects profit margins to reduce next quarter, and remain squeezed throughout the rest of the year, as Southern Coal continues to manage increased input costs.
The Corporation expects revenues to be reduced in comparison to the year ended October 31, 2018, mostly due to global pressure on the steel and manganese markets, which subsequently filters back to demand for Southern Coal’s product. During Q1 2019, the Corporation is pleased to confirm that a trial load of its calcined product was delivered to a new potential, and significant, customer. The Corporation hopes to finalise a second trial during Q2 and Q3, and should this convert to an ongoing supply, the Corporation feels that there is potential to return to the revenue levels of the year ended October 31, 2018.
During Q1 2019, Southern Coal made its final payment for the 14 million Rand loan from ABSA bank, which was drawn down in February 2015. Repayment of this loan now releases Southern Coal from monthly installments of approximately 392,000 Rand (approx. C$37,000 or US$28,000). As of January 2019, the Corporation has zero long-term liabilities.
As part of Southern Coal’s B-BBEE transformation program, Amandla Amakhulu (Pty) Ltd, (“AAM”), a 100% black, privately owned, and ringfenced, company incorporated in South Africa, acquired 30% of the issued shares of Southern Coal, from Canaf’s wholly owned subsidiary, Quantum, for the value of 18 million Rand. The financial effective date for the transaction is 01 August 2018.
Quantum in return received cumulative, redeemable preference shares in AAM in the amount of the purchase price. These preference shares shall provide preferential dividends, until redeemed by AAM. These dividends will be secured by an irrevocable direction from AAM to Southern Coal to pay Quantum such dividends from any distribution to AAM. Dividends were declared during the first quarter of $135,441.52
Expenses for the quarter were $119,276 (2018: $167,892) a reduction of $48,616, 41%, although not separately reported in Q1 of 2018 there are a significant amount of increased costs in relation to BBEEE compared to Q1 ofthis financial year.
Canaf Investments earns $187,367 (U.S.) in Q1
2019-03-26 09:53 MT - News Release
An anonymous director reports
CANAF ANNOUNCES FINANCIAL RESULTS FOR Q1 2019
Canaf Investments Inc. has released results of its financial statements, and management discussion and analysis for the three-month period ended Jan. 31, 2019.
Revenue for the quarter was recorded at $2,419,633 (U.S.) with a net income of $187,367 (U.S.) or $249,521 (Canadian) (2018 -- $187,126 (U.S.)) and an adjusted earnings before interest, taxes, depreciation and amortization of $319,241 (U.S.) (2018: $176,680 (U.S.)).
The corporation expects sales to remain as similar levels throughout the rest of the year, whilst it continues to explore opportunities to invest in new projects.
For more details and discussion on the results, the financial statements and management discussion and analysis can be viewed on SEDAR or the company's website.
About Canaf Investments Inc.
Canaf is a public company listed on the TSX Venture Exchange. Canaf's head office is in Vancouver, Canada, with subsidiary offices in the United Kingdom and South Africa. Canaf owns 100 per cent of Quantum Screening and Crushing, a South African-based company that owns 70 per cent of Southern Coal.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.
Three rebel chiefs named 'advisers' to Central African government
https://www.dailymail.co.uk/wires/afp/article-6848763/Three-rebel-chiefs-named-advisers-Central-African-government.html
By AFP
PUBLISHED: 14:32 EDT, 25 March 2019 | UPDATED: 14:32 EDT, 25 March 2019
Three top rebel chiefs have been named "special military advisers" to the Central African Republic government, the presidency said Monday as the volatile country sought to honour a February peace deal.
The three will be charged with setting up special joint units under the peace accord reached in the Sudanese capital Khartoum, the eighth since mainly Muslim rebels overthrew president Francois Bozize, a Christian, in 2013.
The accord, signed in Bangui on February 6, brought together President Faustin-Archange Touadera and the leaders of 14 armed groups who control some 80 percent of the country's territory.
The three rebel chiefs were named as Ali Darassa, head of Unity for Peace in Central Africa (UPC), Mahamat Alkatim, head of the Patriotic Movement for Central Africa (MPC), and Bi Sidi Souleymane, head of the 3R group (Return, Reclamation, Reconciliation).
They will help assure security alongside the national army.
Other rebel officials were also given roles including Adama Chaibou of the MPC, tasked with relations with the Arab world.
The announcement in early March of a new government in Bangui after the Khartoum accord sparked a wave of protest by armed groups demanding more ministerial positions.
The African Union set up a follow-up meeting to shore up the peace deal that resulted in a new agreement to form an inclusive government.
Three rebel chiefs named 'advisers' to Central African government
https://www.dailymail.co.uk/wires/afp/article-6848763/Three-rebel-chiefs-named-advisers-Central-African-government.html
By AFP
PUBLISHED: 14:32 EDT, 25 March 2019 | UPDATED: 14:32 EDT, 25 March 2019
Three top rebel chiefs have been named "special military advisers" to the Central African Republic government, the presidency said Monday as the volatile country sought to honour a February peace deal.
The three will be charged with setting up special joint units under the peace accord reached in the Sudanese capital Khartoum, the eighth since mainly Muslim rebels overthrew president Francois Bozize, a Christian, in 2013.
The accord, signed in Bangui on February 6, brought together President Faustin-Archange Touadera and the leaders of 14 armed groups who control some 80 percent of the country's territory.
The three rebel chiefs were named as Ali Darassa, head of Unity for Peace in Central Africa (UPC), Mahamat Alkatim, head of the Patriotic Movement for Central Africa (MPC), and Bi Sidi Souleymane, head of the 3R group (Return, Reclamation, Reconciliation).
They will help assure security alongside the national army.
Other rebel officials were also given roles including Adama Chaibou of the MPC, tasked with relations with the Arab world.
The announcement in early March of a new government in Bangui after the Khartoum accord sparked a wave of protest by armed groups demanding more ministerial positions.
The African Union set up a follow-up meeting to shore up the peace deal that resulted in a new agreement to form an inclusive government.
Hillcrest produces 150 bpd of oil at West Hazel
2019-03-21 11:06 MT - News Release
Mr. Donald Currie reports
HILLCREST OIL PRODUCTION CLIMBS
Hillcrest Petroleum Ltd.'s upgraded West Hazel production facility is in operation, as previously announced, and production started from two wells on Jan. 13, 2019, and Jan. 15, 2019, respectively. Initial fluid production rates from both wells were as expected. Production from a third well was brought on-line in early March when weather conditions softened after an extreme record-breaking cold snap.
Production over the last five days from the three wells has averaged 150 barrels per day which meets the lower production estimates the company published in its previous releases, although those estimates considered production from all four wells. Hillcrest is encouraged by the early results, which are meeting or exceeding previous estimates. The company is focused on efforts to maximize the production from the current wells and is further upgrading the potential of the injector well, which in turn, if successful, could result in higher production numbers from the current three wells. A normalized sustained production rate is expected to take another three weeks to four weeks and will be released when achieved.
Hillcrest will move to work on and start production from the fourth well once current efforts have been completed, results reviewed and a rig is available.
As previously announced, under the terms of its joint venture agreement on the West Hazel property, the company will provide 100 per cent of reactivation costs to return the field to production to earn a 75-per-cent working interest, reverting to 50 per cent after recovery of reactivation costs.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.
Hillcrest produces 150 bpd of oil at West Hazel
2019-03-21 11:06 MT - News Release
Mr. Donald Currie reports
HILLCREST OIL PRODUCTION CLIMBS
Hillcrest Petroleum Ltd.'s upgraded West Hazel production facility is in operation, as previously announced, and production started from two wells on Jan. 13, 2019, and Jan. 15, 2019, respectively. Initial fluid production rates from both wells were as expected. Production from a third well was brought on-line in early March when weather conditions softened after an extreme record-breaking cold snap.
Production over the last five days from the three wells has averaged 150 barrels per day which meets the lower production estimates the company published in its previous releases, although those estimates considered production from all four wells. Hillcrest is encouraged by the early results, which are meeting or exceeding previous estimates. The company is focused on efforts to maximize the production from the current wells and is further upgrading the potential of the injector well, which in turn, if successful, could result in higher production numbers from the current three wells. A normalized sustained production rate is expected to take another three weeks to four weeks and will be released when achieved.
Hillcrest will move to work on and start production from the fourth well once current efforts have been completed, results reviewed and a rig is available.
As previously announced, under the terms of its joint venture agreement on the West Hazel property, the company will provide 100 per cent of reactivation costs to return the field to production to earn a 75-per-cent working interest, reverting to 50 per cent after recovery of reactivation costs.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.
Hillcrest produces 150 bpd of oil at West Hazel
2019-03-21 11:06 MT - News Release
Mr. Donald Currie reports
HILLCREST OIL PRODUCTION CLIMBS
Hillcrest Petroleum Ltd.'s upgraded West Hazel production facility is in operation, as previously announced, and production started from two wells on Jan. 13, 2019, and Jan. 15, 2019, respectively. Initial fluid production rates from both wells were as expected. Production from a third well was brought on-line in early March when weather conditions softened after an extreme record-breaking cold snap.
Production over the last five days from the three wells has averaged 150 barrels per day which meets the lower production estimates the company published in its previous releases, although those estimates considered production from all four wells. Hillcrest is encouraged by the early results, which are meeting or exceeding previous estimates. The company is focused on efforts to maximize the production from the current wells and is further upgrading the potential of the injector well, which in turn, if successful, could result in higher production numbers from the current three wells. A normalized sustained production rate is expected to take another three weeks to four weeks and will be released when achieved.
Hillcrest will move to work on and start production from the fourth well once current efforts have been completed, results reviewed and a rig is available.
As previously announced, under the terms of its joint venture agreement on the West Hazel property, the company will provide 100 per cent of reactivation costs to return the field to production to earn a 75-per-cent working interest, reverting to 50 per cent after recovery of reactivation costs.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.
New CAR Cabinet & UPC Congratulate Government
Note: UPC are the main rebel group around Ndassima/Bambari where Axmin operates
https://www.reuters.com/article/us-centralafrica-peace/central-african-republic-opens-cabinet-to-more-armed-groups-to-bolster-peace-idUSKCN1R32IR
WORLD NEWSMARCH 22, 2019 / 1:45 PM / UPDATED 21 HOURS AGO
Central African Republic opens cabinet to more armed groups to bolster peace
Crispin Dembassa-Kette
3 MIN READ
BANGUI (Reuters) - Central African Republic has included more rebel officials in an expanded cabinet, the president announced on Friday, in a bid to shore up peace efforts after several armed groups said they were not sufficiently represented following a deal last month.
Central African Republic reached an agreement with 14 armed groups in February, aimed at bringing stability to a country rocked by violence since 2013 when mainly Muslim Selaka rebels ousted the then President Francois Bozize, prompting reprisals from mostly Christian militia.
The diamond and gold-producing country has been ravaged by years of conflict that had shown little sign of abating until now.
President Faustin-Archange Touadera announced on Friday a new cabinet list of 39 members, in which all 14 armed groups were represented. Only 10 groups were represented in the previously announced list, which had 34 members.
The peace deal, signed in Sudan’s capital Khartoum, faced its first major setback a month after it was ratified, when several armed groups withdrew representatives from the new cabinet and demanded a more inclusive reshuffle.
The president’s announcement came two days after reconciliation talks arranged by the African Union in Ethiopia’s capital Addis Ababa.
The 14 rebel groups had said last week that they had not been sufficiently consulted over the original cabinet list.
In the new line-up, the major Selaka groups FPRC and UPC have three and two representatives, respectively.
“The UPC congratulates itself and congratulates Prime Minister Firmin Ngrebada for forming a government that now respects the Khartoum accord. We call on all ministers to get to work without delay to bring peace back to this country,” UPC political coordinator Hassan Bouba told Reuters via telephone.
Christian anti-balaka militia did not immediately respond to a request for comment.
Thousands of people have died because of the unrest and a fifth of the country’s 4.5 million population have fled their homes. The United Nations deployed a peacekeeping mission in 2014.
But prospects for a lasting peace remain uncertain, as agreements in 2014, 2015 and 2017 all broke down.
New CAR Cabinet & UPC Congratulate Government
Note: UPC are the main rebel group around Ndassima/Bambari where Axmin operates
https://www.reuters.com/article/us-centralafrica-peace/central-african-republic-opens-cabinet-to-more-armed-groups-to-bolster-peace-idUSKCN1R32IR
WORLD NEWSMARCH 22, 2019 / 1:45 PM / UPDATED 21 HOURS AGO
Central African Republic opens cabinet to more armed groups to bolster peace
Crispin Dembassa-Kette
3 MIN READ
BANGUI (Reuters) - Central African Republic has included more rebel officials in an expanded cabinet, the president announced on Friday, in a bid to shore up peace efforts after several armed groups said they were not sufficiently represented following a deal last month.
Central African Republic reached an agreement with 14 armed groups in February, aimed at bringing stability to a country rocked by violence since 2013 when mainly Muslim Selaka rebels ousted the then President Francois Bozize, prompting reprisals from mostly Christian militia.
The diamond and gold-producing country has been ravaged by years of conflict that had shown little sign of abating until now.
President Faustin-Archange Touadera announced on Friday a new cabinet list of 39 members, in which all 14 armed groups were represented. Only 10 groups were represented in the previously announced list, which had 34 members.
The peace deal, signed in Sudan’s capital Khartoum, faced its first major setback a month after it was ratified, when several armed groups withdrew representatives from the new cabinet and demanded a more inclusive reshuffle.
The president’s announcement came two days after reconciliation talks arranged by the African Union in Ethiopia’s capital Addis Ababa.
The 14 rebel groups had said last week that they had not been sufficiently consulted over the original cabinet list.
In the new line-up, the major Selaka groups FPRC and UPC have three and two representatives, respectively.
“The UPC congratulates itself and congratulates Prime Minister Firmin Ngrebada for forming a government that now respects the Khartoum accord. We call on all ministers to get to work without delay to bring peace back to this country,” UPC political coordinator Hassan Bouba told Reuters via telephone.
Christian anti-balaka militia did not immediately respond to a request for comment.
Thousands of people have died because of the unrest and a fifth of the country’s 4.5 million population have fled their homes. The United Nations deployed a peacekeeping mission in 2014.
But prospects for a lasting peace remain uncertain, as agreements in 2014, 2015 and 2017 all broke down.
CENTRAL AFRICAN REPUBLIC REACHES DEAL ON NEW GOVT: AFRICAN UNION
https://www.justiceinfo.net/en/live-feed/40657-central-african-republic-reaches-deal-on-new-govt-african-union.html?fbclid=IwAR3wDgUPXgSHTdyruU2SSCXEDLlQLMKiJzoz9W24OcMcf9e9vtZlgCJUev4
The government of the Central African Republic and armed groups that had joined it in a peace deal have reached an agreement to form an "inclusive government," the African Union said Wednesday.
"The Central African authorities and the 14 armed groups (that) signed the peace accord negotiated in early February in Khartoum agreed to an 'inclusive government' in Addis Ababa," the AU said.
The deal is the eighth attempt to bring peace to the conflict-wracked, impoverished state since 2012.
Signed in the CAR capital Bangui on February 6 after negotiations in Sudan, it brings together the CAR government and 14 armed groups who control most of the country.
The agreement called for a series of confidence-building measures, such as establishing joint patrols and the creation of a truth and justice commission within 90 days.
CENTRAL AFRICAN REPUBLIC REACHES DEAL ON NEW GOVT: AFRICAN UNION
https://www.justiceinfo.net/en/live-feed/40657-central-african-republic-reaches-deal-on-new-govt-african-union.html?fbclid=IwAR3wDgUPXgSHTdyruU2SSCXEDLlQLMKiJzoz9W24OcMcf9e9vtZlgCJUev4
The government of the Central African Republic and armed groups that had joined it in a peace deal have reached an agreement to form an "inclusive government," the African Union said Wednesday.
"The Central African authorities and the 14 armed groups (that) signed the peace accord negotiated in early February in Khartoum agreed to an 'inclusive government' in Addis Ababa," the AU said.
The deal is the eighth attempt to bring peace to the conflict-wracked, impoverished state since 2012.
Signed in the CAR capital Bangui on February 6 after negotiations in Sudan, it brings together the CAR government and 14 armed groups who control most of the country.
The agreement called for a series of confidence-building measures, such as establishing joint patrols and the creation of a truth and justice commission within 90 days.