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AXMIN Announces Changes in Board of Directors and Management
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/422-tsx-venture/axm/74025-axmin-announces-changes-in-board-of-directors-and-management.html
2020-03-02 06:00 MT - News Release
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2020) - AXMIN Inc. (TSXV: AXM) (the "Company" or "AXM") announces the resignation of its Chief Financial Officer and member of the Board of Directors, Mr. David de Jongh Weill, effective February 28, 2020.
"It has been very satisfying to see how this Company has evolved over the past year. I'm excited to pass on the baton to my successor and will be actively following the progress of the company," says Mr. Weill.
CEO and Chairman of AXMIN, Ms. Lucy Yan, comments, "On behalf of the entire Board of Directors, I would like to thank David for his many contributions to AXMIN over the past years and we wish him all the best in his other ventures."
The Company would also like to announce the appointment of Ms. Terry Wong as a director of the Company, subject to the approval of the TSX Venture Exchange.
Ms. Wong is a Chartered Professional Accountant and a Chartered Business Valuator. She has over 15 years of financial experience working for both private and public companies. She has also worked closely with companies and professionals within the finance, mining, and energy industries. Ms. Wong has advanced knowledge of Canadian GAAP and IFRS regulations.
Ms. Yan comments, "We are pleased to welcome Terry to AXM's Board of Directors. We are confident that Terry's expertise with both the Greater Chinese and Canadian capital and public markets will service AXM well as the company moves forward with its partnership with AU Metals Limited."
The Company would also like to announce the appointment of Ms. Yan as Interim CFO while a suitable replacement is found.
About AXMIN
AXMIN is a Canadian exploration and development company with a strong focus on the African continent. AXMIN continues to closely monitor the political situation at its Passendro Gold Project in the Central African Republic. For more information regarding AXMIN visit our website at www.axmininc.com. Please also follow us on Facebook. https://www.facebook.com/axmininc For additional information, please contact AXMIN Inc.:
Lucy Yan
Chairman and CEO
ceo@axmininc.com
AXMIN Inc.
Investor Relations
ir@axmininc.com
www.axmininc.com
Background of Terry Wong: https://www.linkedin.com/in/terry-wong-cpa-cma-cbv-24715433/
VP of Business Development
Company NameNAI Interactive Ltd.
Dates EmployedMay 2011 – Present
Employment Duration8 yrs 11 mos
LocationVancouver, Canada Area
o Has in-depth experience in a variety of industries, including mining, oil and gas, life science/health care, and technology.
o Provide or assist the strategic development, internal valuation, relevant due diligence and marketing support for start-ups, small and medium enterprises and publicly-listed companies in North America
o Outreach and relationship building for North America companies with parties in the Asia Pacific region that would be suitable for a strategic relationship, partnership, distribution, licensing, offtaking, manufacturing, or joint venture arrangement
o Assist in the formulation of a corporate restructuring plan, serve as interim CFO for listed companies during transition if required
o Coordinate different associates including lawyers, administrators, and auditors in taking projects public on the TSX or TSX-V Exchange
Information regarding NAI Interactive: https://nai500.com/about-us/
www.nai500.com
NAI Interactive Ltd. (NAI), established in 1998, is a leading market intelligence and investor relations service provider for fast growing public companies trading on the North American stock exchanges. Our goal is to serve as a bridge between public companies and Chinese investors, nurturing investor loyalty and form functional networks via our unique platform. Throughout the years, NAI has established itself as the most trusted firm in providing market insights to Chinese investors. We strive to provide a more powerful platform for companies and investors to connect with each other.
The 3 Strengths of NAI500
Extensive Experience in the Business
With 15 years in the IR business, NAI excels in the field of investor relations and market intelligence. Our professional team is specialized in targeting companies and connecting promising opportunities with investors.
Comprehensive Coverage of the Market
NAI hunts for investment opportunities from the perspective of an investor. Our extensive experience in the industry has helped build a vast network and ensures our access to the best market information in quantity and quality.
Precise Positioning
Our expertise in aggregating and distributing information has made us one of the most trusted sources to obtain company updates and analyses that are most important and relevant to investors.
AXMIN Announces Changes in Board of Directors and Management
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/422-tsx-venture/axm/74025-axmin-announces-changes-in-board-of-directors-and-management.html
2020-03-02 06:00 MT - News Release
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2020) - AXMIN Inc. (TSXV: AXM) (the "Company" or "AXM") announces the resignation of its Chief Financial Officer and member of the Board of Directors, Mr. David de Jongh Weill, effective February 28, 2020.
"It has been very satisfying to see how this Company has evolved over the past year. I'm excited to pass on the baton to my successor and will be actively following the progress of the company," says Mr. Weill.
CEO and Chairman of AXMIN, Ms. Lucy Yan, comments, "On behalf of the entire Board of Directors, I would like to thank David for his many contributions to AXMIN over the past years and we wish him all the best in his other ventures."
The Company would also like to announce the appointment of Ms. Terry Wong as a director of the Company, subject to the approval of the TSX Venture Exchange.
Ms. Wong is a Chartered Professional Accountant and a Chartered Business Valuator. She has over 15 years of financial experience working for both private and public companies. She has also worked closely with companies and professionals within the finance, mining, and energy industries. Ms. Wong has advanced knowledge of Canadian GAAP and IFRS regulations.
Ms. Yan comments, "We are pleased to welcome Terry to AXM's Board of Directors. We are confident that Terry's expertise with both the Greater Chinese and Canadian capital and public markets will service AXM well as the company moves forward with its partnership with AU Metals Limited."
The Company would also like to announce the appointment of Ms. Yan as Interim CFO while a suitable replacement is found.
About AXMIN
AXMIN is a Canadian exploration and development company with a strong focus on the African continent. AXMIN continues to closely monitor the political situation at its Passendro Gold Project in the Central African Republic. For more information regarding AXMIN visit our website at www.axmininc.com. Please also follow us on Facebook. https://www.facebook.com/axmininc For additional information, please contact AXMIN Inc.:
Lucy Yan
Chairman and CEO
ceo@axmininc.com
AXMIN Inc.
Investor Relations
ir@axmininc.com
www.axmininc.com
Background of Terry Wong: https://www.linkedin.com/in/terry-wong-cpa-cma-cbv-24715433/
VP of Business Development
Company NameNAI Interactive Ltd.
Dates EmployedMay 2011 – Present
Employment Duration8 yrs 11 mos
LocationVancouver, Canada Area
o Has in-depth experience in a variety of industries, including mining, oil and gas, life science/health care, and technology.
o Provide or assist the strategic development, internal valuation, relevant due diligence and marketing support for start-ups, small and medium enterprises and publicly-listed companies in North America
o Outreach and relationship building for North America companies with parties in the Asia Pacific region that would be suitable for a strategic relationship, partnership, distribution, licensing, offtaking, manufacturing, or joint venture arrangement
o Assist in the formulation of a corporate restructuring plan, serve as interim CFO for listed companies during transition if required
o Coordinate different associates including lawyers, administrators, and auditors in taking projects public on the TSX or TSX-V Exchange
Information regarding NAI Interactive: https://nai500.com/about-us/
www.nai500.com
NAI Interactive Ltd. (NAI), established in 1998, is a leading market intelligence and investor relations service provider for fast growing public companies trading on the North American stock exchanges. Our goal is to serve as a bridge between public companies and Chinese investors, nurturing investor loyalty and form functional networks via our unique platform. Throughout the years, NAI has established itself as the most trusted firm in providing market insights to Chinese investors. We strive to provide a more powerful platform for companies and investors to connect with each other.
The 3 Strengths of NAI500
Extensive Experience in the Business
With 15 years in the IR business, NAI excels in the field of investor relations and market intelligence. Our professional team is specialized in targeting companies and connecting promising opportunities with investors.
Comprehensive Coverage of the Market
NAI hunts for investment opportunities from the perspective of an investor. Our extensive experience in the industry has helped build a vast network and ensures our access to the best market information in quantity and quality.
Precise Positioning
Our expertise in aggregating and distributing information has made us one of the most trusted sources to obtain company updates and analyses that are most important and relevant to investors.
Recent articles about the Central African Republic which shows signs of country security and investment.
This is important for Axmin because it is the only public company with exposure and a proven resource in the C.A.R. The faster things improve the sooner Axmin will be working on it's large gold deposit.
Many of the articles will need to be translated, so make sure your browser translate is on.
Central African Republic: towards the return of the CEMAC commission to Bangui: http://news.abangui.com/h/71087.html?fbclid=IwAR2mEmUnRqd5BEPOxiqyora31FoD4e3hQjtF4BiK8fBCk3M8vSlcAFBpL8I
Russia to push for lifting limits on Central African Republic diamond exports: https://www.reuters.com/article/us-russia-diamonds-centralafrica/russia-to-push-for-lifting-limits-on-central-african-republic-diamond-exports-idUSKBN20J1XI
Article regarding journalists killed in CAR a while ago. Point of article is that is clearly dispels rumours of Russians taking gold from Axmin: https://inforeactor.ru/286695-rossiiskie-zhurnalisty-v-car-stali-zhertvami-interesov-francii-i-ambicii-khodorkovskogo
IMPROVING ACCESS TO BASIC SERVICES IN THE CENTRAL AFRICAN REPUBLIC: https://www.unops.org/news-and-stories/stories/improving-access-to-basic-services-in-the-central-african-republic
Central African Republic: The construction sites of Bangui M'poko International Airport are on track with projects funded by ASECNA: http://news.abangui.com/h/71100.html?fbclid=IwAR3A9ZA_UH9fjllpFKUD-3vA9NnWbXOXMWJUGW9Uju6q2qwMvn3LuqfhSW4Central
1000 NEW ISPS PLEDGE ALLEGIANCE TO THE NATIONAL FLAG: https://minusca.unmissions.org/1000-nouvelles-fsi-font-all%C3%A9geance-au-drapeau-national?fbclid=IwAR2MPhLow4YoIRlz3dzhodidleQjFUJBzifuxmUsm5q5GJdjrsPrL8Cd9Bg
EUTM-RCA: Establishment of a FACA link network: https://corbeaunews-centrafrique.com/eutm-rca-mise-en-place-dun-reseau-de-liaison-faca/
Central African Republic: Government encourages investors to take advantage of opportunities offered by the mining sector: http://news.abangui.com/h/71112.html?fbclid=IwAR0NRWWEjQra4XliGuaJ9HBDGo5vSDQLhDzjYXEC20ju7JC2V83dqDxNhnM
2000 Participants Expected At Bangui Mining Expo: http://www.rfi.fr/fr/afrique/20200228-centrafrique-s%C3%A9mica-limites-d%C3%A9veloppement-exploitation-mini%C3%A8re-
Security Council demands armed groups in Central African Republic cease hostilities: http://www.xinhuanet.com/2020-02/28/c_1125636385.htm
UPC Rebels back UN for peace(main group that affected Ndassima/Bambari/Alindao until last year: http://french.peopledaily.com.cn/Afrique/n3/2020/0229/c96852-9663378.html
Recent articles about the Central African Republic which shows signs of country security and investment.
This is important for Axmin because it is the only public company with exposure and a proven resource in the C.A.R. The faster things improve the sooner Axmin will be working on it's large gold deposit.
Many of the articles will need to be translated, so make sure your browser translate is on.
Central African Republic: towards the return of the CEMAC commission to Bangui: http://news.abangui.com/h/71087.html?fbclid=IwAR2mEmUnRqd5BEPOxiqyora31FoD4e3hQjtF4BiK8fBCk3M8vSlcAFBpL8I
Russia to push for lifting limits on Central African Republic diamond exports: https://www.reuters.com/article/us-russia-diamonds-centralafrica/russia-to-push-for-lifting-limits-on-central-african-republic-diamond-exports-idUSKBN20J1XI
Article regarding journalists killed in CAR a while ago. Point of article is that is clearly dispels rumours of Russians taking gold from Axmin: https://inforeactor.ru/286695-rossiiskie-zhurnalisty-v-car-stali-zhertvami-interesov-francii-i-ambicii-khodorkovskogo
IMPROVING ACCESS TO BASIC SERVICES IN THE CENTRAL AFRICAN REPUBLIC: https://www.unops.org/news-and-stories/stories/improving-access-to-basic-services-in-the-central-african-republic
Central African Republic: The construction sites of Bangui M'poko International Airport are on track with projects funded by ASECNA: http://news.abangui.com/h/71100.html?fbclid=IwAR3A9ZA_UH9fjllpFKUD-3vA9NnWbXOXMWJUGW9Uju6q2qwMvn3LuqfhSW4Central
1000 NEW ISPS PLEDGE ALLEGIANCE TO THE NATIONAL FLAG: https://minusca.unmissions.org/1000-nouvelles-fsi-font-all%C3%A9geance-au-drapeau-national?fbclid=IwAR2MPhLow4YoIRlz3dzhodidleQjFUJBzifuxmUsm5q5GJdjrsPrL8Cd9Bg
EUTM-RCA: Establishment of a FACA link network: https://corbeaunews-centrafrique.com/eutm-rca-mise-en-place-dun-reseau-de-liaison-faca/
Central African Republic: Government encourages investors to take advantage of opportunities offered by the mining sector: http://news.abangui.com/h/71112.html?fbclid=IwAR0NRWWEjQra4XliGuaJ9HBDGo5vSDQLhDzjYXEC20ju7JC2V83dqDxNhnM
2000 Participants Expected At Bangui Mining Expo: http://www.rfi.fr/fr/afrique/20200228-centrafrique-s%C3%A9mica-limites-d%C3%A9veloppement-exploitation-mini%C3%A8re-
Security Council demands armed groups in Central African Republic cease hostilities: http://www.xinhuanet.com/2020-02/28/c_1125636385.htm
UPC Rebels back UN for peace(main group that affected Ndassima/Bambari/Alindao until last year: http://french.peopledaily.com.cn/Afrique/n3/2020/0229/c96852-9663378.html
Looks like the M30 well missed unfortunately, but KUB had $7.5 million USD in cash and this well cost them around $500,000 to do. That means they still have 3 cents a share in cash, no value given on producing assets or additional projects ongoing. A new company presentation came out today and clearly shows they have a lot on the go. So not sure how their first free JV well in September and this recent well destroyed 80% of the company value when they are still up in cash year over year and Ukraine is starting to push a peace effort through.
February 2020 presentation: http://www.cubenergyinc.com/_resources/corporate-presentation.pdf
Recent news:
Cub Energy interest Kub-Gas to abandon M-30 well
2020-02-28 07:52 MT - News Release
Mr. Mikhail Afendikov reports
CUB ENERGY INC. ANNOUNCES UPDATE ON THE M-30 WELL IN EASTERN UKRAINE
Kub-Gas LLC, Cub Energy Inc.'s 35-per-cent-owned subsidiary, which owns and operates the eastern Ukraine licences, has drilled the Makeevskoye-30 well to a total depth of 1,985 metres. Logging was performed on several horizons and was evaluated as having non-commercial gas shows. The well will be abandoned and Kub-Gas is reviewing its options for its next operation.
About Cub Energy Inc.
Cub Energy is an upstream oil and gas company with a proven record of exploration and production cost-efficiency in Ukraine.
We seek Safe Harbor.
© 2020 Canjex Publishing Ltd. All rights reserved.
Looks like the M30 well missed unfortunately, but KUB had $7.5 million USD in cash and this well cost them around $500,000 to do. That means they still have 3 cents a share in cash, no value given on producing assets or additional projects ongoing. A new company presentation came out today and clearly shows they have a lot on the go. So not sure how their first free JV well in September and this recent well destroyed 80% of the company value when they are still up in cash year over year and Ukraine is starting to push a peace effort through.
February 2020 presentation: http://www.cubenergyinc.com/_resources/corporate-presentation.pdf
Recent news:
Cub Energy interest Kub-Gas to abandon M-30 well
2020-02-28 07:52 MT - News Release
Mr. Mikhail Afendikov reports
CUB ENERGY INC. ANNOUNCES UPDATE ON THE M-30 WELL IN EASTERN UKRAINE
Kub-Gas LLC, Cub Energy Inc.'s 35-per-cent-owned subsidiary, which owns and operates the eastern Ukraine licences, has drilled the Makeevskoye-30 well to a total depth of 1,985 metres. Logging was performed on several horizons and was evaluated as having non-commercial gas shows. The well will be abandoned and Kub-Gas is reviewing its options for its next operation.
About Cub Energy Inc.
Cub Energy is an upstream oil and gas company with a proven record of exploration and production cost-efficiency in Ukraine.
We seek Safe Harbor.
© 2020 Canjex Publishing Ltd. All rights reserved.
KFG Operations Update
NATCHEZ, Miss., Feb. 21, 2020
NATCHEZ, Miss., Feb. 21, 2020 /CNW/ -- Robert A. Kadane, President of KFG Resources Ltd. reported today that KFG has learned from Hillcrest Petroleum, the Operator at West Hazel in Saskatchewan, Canada, that the property has been put on electricity which will save $10,000 to $12,000 CDN in operating costs/month. The property is producing 115 BOPD out of 3 wells. A fourth well will be recompleted in a shallower virgin oil reservoir in the near future.
In Wilkinson Co., Miss, the Company's participation in a wildcat well is delayed because of high water in the Mississippi River. The project won't be drillable until after the high water mark in May 2020. KFG is considering it a project to be drilled in the late summer of 2020.
In Adam, County, MS on the Company's Barnum Lease, the #4 well will be recompleted in a shallower zone as soon as weather permits. KFG owns a 22.5% W.I. (16.9% NRI) in that well.
The Company is actively looking for new projects in North Texas.
The Company's common shares are listed on the TSX Venture Exchange, Vancouver, B.C. trading symbol "KFG".
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
SOURCE KFG Resources Ltd.
View original content: http://www.newswire.ca/en/releases/archive/February2020/21/c1263.html
Contact:
Robert A. Kadane, President (940) 500-0807, http://www.kfgresources.com
© 2020 Canjex Publishing Ltd. All rights reserved.
KFG Operations Update
NATCHEZ, Miss., Feb. 21, 2020
NATCHEZ, Miss., Feb. 21, 2020 /CNW/ -- Robert A. Kadane, President of KFG Resources Ltd. reported today that KFG has learned from Hillcrest Petroleum, the Operator at West Hazel in Saskatchewan, Canada, that the property has been put on electricity which will save $10,000 to $12,000 CDN in operating costs/month. The property is producing 115 BOPD out of 3 wells. A fourth well will be recompleted in a shallower virgin oil reservoir in the near future.
In Wilkinson Co., Miss, the Company's participation in a wildcat well is delayed because of high water in the Mississippi River. The project won't be drillable until after the high water mark in May 2020. KFG is considering it a project to be drilled in the late summer of 2020.
In Adam, County, MS on the Company's Barnum Lease, the #4 well will be recompleted in a shallower zone as soon as weather permits. KFG owns a 22.5% W.I. (16.9% NRI) in that well.
The Company is actively looking for new projects in North Texas.
The Company's common shares are listed on the TSX Venture Exchange, Vancouver, B.C. trading symbol "KFG".
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
SOURCE KFG Resources Ltd.
View original content: http://www.newswire.ca/en/releases/archive/February2020/21/c1263.html
Contact:
Robert A. Kadane, President (940) 500-0807, http://www.kfgresources.com
© 2020 Canjex Publishing Ltd. All rights reserved.
Some important things to note today:
1) David Weill the CFO exercised nearly $80,000 worth of options in Axmin Inc. Based on his already outstanding position of 1.7 million shares, he now has more than double that in common shares. To date he has not sold a single share in 9 years of being a director : https://ceo.ca/api/sedi?insider=&symbol=AXM&date=&transaction=&amount=&undefined[company_symbol]=AXM
2) It's been a year since the peace agreement and much of the Central African Republic is under State Authority again, with the exception of the far north. At this point in time, FACA/MINUSCA are finishing this area off and it is my belief that we will see all of the Central African Republic under state authority by the summer time: https://news.un.org/en/story/2020/02/1057731 Axmin's Passendro property is in the center of the country, within the secured zone.
3) Next Thursday, the Bangui Mining Expo will begin. This is the first international promotion of CAR since 2011. This will change the tide of investment sentiment towards the country.
- https://semicacentrafrique.com/ : official site (French)
- article from the CAR government website: http://mines.gouv.cf/actualite/134/point-de-presse-au-ministere-des-mines-et-de-la-geologie
Mon 2/17/2020 - 12:00
Following his participation in Captown in South Africa in the INDABAH Mining forum, The Minister of Mines and Geology, Léopold MBOLI FATRAN held a press point in his cabinet.
According to the Member of the Government, this great forum which brings together all the actors of the mining sector of Africa and the investors of the whole world enabled him to promote SEMICA Central African Republic, the Exhibition of Mines and Petroleum in Central African Republic with the exhibitors. The said Fair will be held under the patronage of the Head of State, HE Professor Faustin Archange TOUADERA, from February 27 to 29 in Bangui.
This forum also allowed several bilateral meetings, the Minister of Mines and Geology met the Canadian Minister of Mineral Resources, during their interview they talked about current affairs concerning the two countries and the strengthening of their bilateral cooperation. met with emissaries from Botswana who confirmed the upcoming arrival of Botswana experts who will be responsible for assessing the Central African mining production system. He also met the South African Minister of Mineral Resources who has renewed the confidence his government has in the mining sector of the Central African Republic, he also promised to intensify the cooperation that already exists between the two countries through an agreement signed two years ago.
4) Gold is currently at $1,620 USD per ounce and Axmin has a proven reserve of 2 million ounces, yet the stock is trading at a yearly low. This would be ideal time to reassess the company, the country it operates in and the asset it carries. Also remember that Axmin owns a large position in Senegal as well.
Some important things to note today:
1) David Weill the CFO exercised nearly $80,000 worth of options in Axmin Inc. Based on his already outstanding position of 1.7 million shares, he now has more than double that in common shares. To date he has not sold a single share in 9 years of being a director : https://ceo.ca/api/sedi?insider=&symbol=AXM&date=&transaction=&amount=&undefined[company_symbol]=AXM
2) It's been a year since the peace agreement and much of the Central African Republic is under State Authority again, with the exception of the far north. At this point in time, FACA/MINUSCA are finishing this area off and it is my belief that we will see all of the Central African Republic under state authority by the summer time: https://news.un.org/en/story/2020/02/1057731 Axmin's Passendro property is in the center of the country, within the secured zone.
3) Next Thursday, the Bangui Mining Expo will begin. This is the first international promotion of CAR since 2011. This will change the tide of investment sentiment towards the country.
- https://semicacentrafrique.com/ : official site (French)
- article from the CAR government website: http://mines.gouv.cf/actualite/134/point-de-presse-au-ministere-des-mines-et-de-la-geologie
Mon 2/17/2020 - 12:00
Following his participation in Captown in South Africa in the INDABAH Mining forum, The Minister of Mines and Geology, Léopold MBOLI FATRAN held a press point in his cabinet.
According to the Member of the Government, this great forum which brings together all the actors of the mining sector of Africa and the investors of the whole world enabled him to promote SEMICA Central African Republic, the Exhibition of Mines and Petroleum in Central African Republic with the exhibitors. The said Fair will be held under the patronage of the Head of State, HE Professor Faustin Archange TOUADERA, from February 27 to 29 in Bangui.
This forum also allowed several bilateral meetings, the Minister of Mines and Geology met the Canadian Minister of Mineral Resources, during their interview they talked about current affairs concerning the two countries and the strengthening of their bilateral cooperation. met with emissaries from Botswana who confirmed the upcoming arrival of Botswana experts who will be responsible for assessing the Central African mining production system. He also met the South African Minister of Mineral Resources who has renewed the confidence his government has in the mining sector of the Central African Republic, he also promised to intensify the cooperation that already exists between the two countries through an agreement signed two years ago.
4) Gold is currently at $1,620 USD per ounce and Axmin has a proven reserve of 2 million ounces, yet the stock is trading at a yearly low. This would be ideal time to reassess the company, the country it operates in and the asset it carries. Also remember that Axmin owns a large position in Senegal as well.
Good video from April of last year explaining Airtest's products and technologies:
OBO WELCOMES NATIONAL DEFENSE FORCES WITH JOY AND HOPE
https://minusca.unmissions.org/obo-accueille-ses-forces-de-d%C3%A9fense-nationale-avec-joie-et-espoir?fbclid=IwAR3p9FveWegDyKMEnpd95E8a4-td6ufA86jlqKsw1QnI-exL64wBY9zozc0
17 Feb 2020 OBO WELCOMES NATIONAL DEFENSE FORCES WITH JOY AND HOPE
SIMPLICE JEAN PRIVAT DEZILA
February 14, 2020. It is 9:50 pm in Obo. As the locals prepared to close their doors to take advantage of the night, a concert of vehicle horns, motorcycles and cries of joy, and of hope, broke the silence of the night.
As a UN Force tank opened the peloton, citizens wondered, " Is this the usual MINUSCA patrol ? Pui appeared in a convoy of 4X4 ??trucks in national colors: it was the arrival by land of the Central African Armed Forces (FACA) in Obo. A detachment which will replace the one deployed a year ago by air, thanks to the support of MINUSCA. An event that confirms the return of state authority to their Haut Mbomou prefecture.
Long subject to rumors of attacks by armed groups, this return by land will restore confidence in the population who no longer believed in it. MINUSCA then organized community awareness sessions to put an end to the false rumors that were circulating.
Since the signing of the Political Peace Agreement a year ago, armed groups have multiplied abuses in Haut Mbomou, in violation of the latter, particularly in Bambouti on October 17, 2019. The permanent presence of the FACA in Obo constitutes a reason for hope of peace and protection for the population who are waiting to see the new elements in action.
OBO WELCOMES NATIONAL DEFENSE FORCES WITH JOY AND HOPE
https://minusca.unmissions.org/obo-accueille-ses-forces-de-d%C3%A9fense-nationale-avec-joie-et-espoir?fbclid=IwAR3p9FveWegDyKMEnpd95E8a4-td6ufA86jlqKsw1QnI-exL64wBY9zozc0
17 Feb 2020 OBO WELCOMES NATIONAL DEFENSE FORCES WITH JOY AND HOPE
SIMPLICE JEAN PRIVAT DEZILA
February 14, 2020. It is 9:50 pm in Obo. As the locals prepared to close their doors to take advantage of the night, a concert of vehicle horns, motorcycles and cries of joy, and of hope, broke the silence of the night.
As a UN Force tank opened the peloton, citizens wondered, " Is this the usual MINUSCA patrol ? Pui appeared in a convoy of 4X4 ??trucks in national colors: it was the arrival by land of the Central African Armed Forces (FACA) in Obo. A detachment which will replace the one deployed a year ago by air, thanks to the support of MINUSCA. An event that confirms the return of state authority to their Haut Mbomou prefecture.
Long subject to rumors of attacks by armed groups, this return by land will restore confidence in the population who no longer believed in it. MINUSCA then organized community awareness sessions to put an end to the false rumors that were circulating.
Since the signing of the Political Peace Agreement a year ago, armed groups have multiplied abuses in Haut Mbomou, in violation of the latter, particularly in Bambouti on October 17, 2019. The permanent presence of the FACA in Obo constitutes a reason for hope of peace and protection for the population who are waiting to see the new elements in action.
CEO keeps buying stock, deal with NFR to close in 3 weeks, should have a nice pop.
ATI Airtest Technologies Inc. Has Trade Show Success in Orlando
2020-02-14 07:00 MT - News Release
Delta, British Columbia--(Newsfile Corp. - February 14, 2020) - Airtest Technologies (TSXV: AAT) has just returned from a very successful 3-day trade show at the AHR Exposition which was based in Orlando, Florida last week. Airtest has exhibited for many years at this trade show which is by far the largest event related to the Air Conditioning, Heating and Refrigeration (HVAC) industry, with some 65,000 attendees.
Airtest displayed the following key products;
Parking garage ventilation control system including our new and improved controller. Energy savings and demand reduction typically are up to 95%.
Our traditional sensor/transmitters for CO2, temperature, humidity and combustible gases.
The recently developed ambient light powered, wireless sensors for CO2, temperature and humidity using the EnOcean wireless protocol. This transmitter is easily integrated into existing building control systems to save energy and better control comfort.
Our wireless dew point sensors to prevent condensation in retail store applications to make fresh air economizers more effective.
Our ability to significantly reduce energy use of rooftop air handlers using a quickly installed wireless CO2 Demand Controlled Ventilation Kit.
We also were able to display two new products that received tremendous interest. The first new product is a unique wireless absolute differential pressure controller that is accurate to ± 2 Pa (+0.008 in WC) that can be used to control make up air in kitchens and accurately control building pressurization. We also presented a product we have been working on for 3 years which is the world's first wireless chiller monitoring system that reports on the real time thermodynamic efficiency of chillers and their components. This system can be installed and reporting chiller performance in less than and hour.
According to President George Graham, "This trade show has set a new record for us in terms of new customers and potential buyers as compared to previous trade shows. There is a lot of follow up work to be done by our sales team, but the opportunity at this time is exceptional."
With the increased demand for Airtest products, it will be necessary to add some additional sales coverage and increase our tech support capability, which will be carried out by management over the next few months.
About ATI: AirTest Technologies is a Green-Tech company specializing in sensors that improve commercial building operating efficiency and at the same time create energy savings. These sensors are all based on technical innovations developed in the last ten years and comprise a growing second wave of energy saving technologies that are positioned to make a significant contribution to the Sustainable Buildings Program. AirTest offers its products to leading-edge building owners, contractors and energy service companies targeting the buildings market. AirTest also provides energy cost reduction solutions to building equipment and controls manufacturers who incorporate AirTest sensor components in their products.
# # #
For further information, please contact:
Mr. George Graham, President & CEO
Phone: (604) 517 3888
Fax : (604) 517 3900
Email: ggraham@airtest.com
Website: www.airtest.com
February 12, 2020 - Psilocybin Mushrooms Gaining Incredible Support Across the U.S. - https://finance.yahoo.com/news/psilocybin-mushrooms-gaining-incredible-support-134500170.html
February 11, 2020 - Move Over, Pot: Psychedelic Companies Are About to Go Public - https://www.bloomberg.com/news/articles/2020-02-11/move-over-pot-psychedelic-companies-are-about-to-go-public
Feb 12, 2020-- Cybin Corp Announces Partnership with the Toronto Centre for Psychedelic Science - https://www.valdostadailytimes.com/news/business/cybin-corp-announces-partnership-with-the-toronto-centre-for-psychedelic/article_50dacc88-c0e7-5d92-9fcc-c22a6ab954ae.html
February 6, 2020 - Psychedelic Clinic Company Field Trip Raises $8.5 Million - https://www.greenmarketreport.com/psychedelic-clinic-company-field-trip-raises-8-5-million/
Video Feb 5, 2020 - Business Strategy For Psychedelic Companies -
The company they are looking to acquire for shares isn't just focused on Coronavirus. They actually have a whole pipeline of projects. This works well with Roadman's growing list of biotechnologies. So between the Psychedelics, Coronavirus, and the several other projects ongoing, I see a lot of opportunity long term here.
http://www.cloverbiopharma.com/index.php?m=content&c=index&a=lists&catid=10
http://cdn.ceo.ca.s3-us-west-2.amazonaws.com/1f48em3-clover%20info.jpg
The company they are looking to acquire for shares isn't just focused on Coronavirus. They actually have a whole pipeline of projects. This works well with Roadman's growing list of biotechnologies. So between the Psychedelics, Coronavirus, and the several other projects ongoing, I see a lot of opportunity long term here.
http://www.cloverbiopharma.com/index.php?m=content&c=index&a=lists&catid=10
http://cdn.ceo.ca.s3-us-west-2.amazonaws.com/1f48em3-clover%20info.jpg
Roadman Investments Signs Letter of Intent with CLOV Biopharma Corp.
2020-02-12 07:01 MT - News Release
February 12, 2020 - TheNewswire - Vancouver , British Columbia - Roadman Investments Corp. (TSXV:LITT) (FWB:1QD) (OTC:RMANF) ("Roadman Investments " or the "Company ") is pleased to announce that it has signed a letter of intent with CLOV Biopharma Corp. ("CBP ") pursuant to which Roadman intends to acquire all of the issued and outstanding common shares of CBP.
The mission of CLOV Biopharma Corp. is to conduct further research and development of cedar leaf oil vapour (" CLOV ") for the purposes of preventing the spread of Coronavirus and other similar potentially pathogenic respiratory viruses, for example, influenza and para-influenza viruses, and respiratory syncytial virus. CBP intends to manufacture or source a diffuser that is functional with cedar oil that may be effective in killing viruses to prevent them from spreading. CBP has an exclusive license for the right to acquire and use cedar leaf oil vapour, including certain know-how, industry knowledge, and experience relating to CLOV for the pharmaceutical, healthcare, and biotechnology industries.
Previous studies by Dr. James Hudson, Ph.D have shown that most of the human respiratory viruses tested so far have been found vulnerable to cedar leaf oil and cedar leaf oil vapour. It is expected that corona viruses will be similarly vulnerable. In general, the respiratory viruses not only can kill susceptible cells and multiply and spread, but they can also induce the production of excessive amounts of inflammatory cytokines, which can result in chronic inflammation of the lungs, as in bronchitis. Previous tests have shown that cedar leaf oil can inhibit this process in a model cell culture system.
Coronavirus
Coronaviruses (CoV) are a large family of viruses that cause respiratory illness ranging from the common cold to more severe diseases such as Middle East Respiratory Syndrome (MERS-CoV) and Severe Acute Respiratory Syndrome (SARS-CoV) . These two viruses were responsible for pandemics. A novel coronavirus (nCoV), recently formally named "COVID-19" by the World Health Organization, is a new strain that has not been previously identified in humans 1 .
Coronaviruses are zoonotic, meaning they are transmitted between animals and people. Detailed investigations found that SARS-CoV was transmitted from civet cats to humans and MERS-CoV from dromedary camels to humans. Other known coronaviruses are circulating in animals that have not yet infected humans.
Dr. James Hudson
Dr. James B. Hudson, Ph.D, Professor Emeritus Department of Pathology & Laboratory Medicine at the University of British Columbia, has completed various publications including "The activity of cedar leaf oil vapor against respiratory viruses" in the Journal of Applied Pharmaceutical Science and "The antimicrobial properties of cedar leaf (Thuja plicata) oil" in the International Journal of Respiratory Public Health. Dr. Hudson will assist CBP with further studies to research the effectiveness of CLOV on the Coronavirus.
Dr. Hudson is considered to be one of the foremost virologists in Canada. His qualifications include a BSc (chemistry/physiology), an MSc (biochemistry), a PhD (molecular biology) a post-doctoral fellowship in molecular virology. In addition, he has received visiting professorships in University of Warwick (UK), 1976-1977, and University of Western Australia (Perth WA) in 1990 and 1992.
Of relevance to Coronavirus, Dr. Hudson conducted a study involving seven (7) respiratory viruses that were tested for infectivity following exposure of dried virus films to certified cedar leaf oil vapor for various periods of time. All were susceptible, although the membrane containing viruses, like CoV, were more vulnerable and were readily killed by short exposures without detrimental effects against the human cells.
Luke Montaine, CEO of Roadman Investments commented, "With the death toll from COVID-19 now surpassing that of the SARS epidemic and having forced approximately 50 million human beings currently into quarantine, the global economic and social impact of this virus is of significant concern. Our aim to expand upon the previous scientific research of Dr. James Hudson in an effort to further validate and, if warranted, potentially commercialize a product that may assist in combating the spread of this and other pathogenic viruses."
Under the terms of the letter of intent, Roadman intends to acquire all of the issued and outstanding common shares of CBP in exchange for 13,000,000 common shares of the Company. Further details regarding the proposed transaction with CBP will be provided in a comprehensive news release, if and when, the parties enter into a definitive agreement.
About Roadman Investments
Roadman Investments is a Canadian Venture Capital and Advisory Firm that strives to actively drive innovation and accelerate growth within its portfolio holdings in order to realize alpha returns for its shareholders. Roadman invests capital into companies that offer breakthrough products, devices, treatments and health supplements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release includes certain statements that constitute "forward-looking information" within the meaning of applicable securities law, including without limitation, completing a transaction with CBP, other statements relating to the financial and business prospects of the Company, and other matters.
Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved), and variations of such words, and similar expressions are not statements of historical fact and may be forward-looking statements. Forward-looking statement are necessarily based upon a number of factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements express or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, anticipated costs and the ability to achieve goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks.
Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, the loss of key directors, employees, advisors or consultants, increase in costs, litigation, failure of counterparties to perform their contractual obligations and fees charged by service providers. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.
1 World Health Organization
Copyright (c) 2020 TheNewswire - All rights reserved.
© 2020 Canjex Publishing Ltd. All rights reserved.
Recent articles regarding Psilocybin endorsement/investment:
Kevin O’Leary, Bruce Linton throw weight behind company exploring potential of psychedelics - https://www.thegrowthop.com/cannabis-news/kevin-oleary-bruce-linton-throw-weight-behind-company-exploring-potential-of-psychedelics
Actress Gwyneth Paltrow Talks Benefits of Psilocybin Mushrooms - https://www.baystreet.ca/stockstowatch/7184/Actress-Gwyneth-Paltrow-Talks-Benefits-of-Psilocybin-Mushrooms
The Magic Mushroom Boom is Just Beginning to Sprout in the U.S. - https://www.baystreet.ca/stockstowatch/7245/The-Magic-Mushroom-Boom-is-Just-Beginning-to-Sprout-in-the-US
Two articles that mention Roadman Investments Corp from 3 and 6 months ago, plus a general education on the psychedelic industry:
https://www.wealthdaily.com/articles/shroom-boom-a-growing-investment-trend-in-psychedelic-medicine/93839
https://microsmallcap.com/microdosing-a-new-wave-investment
Roadman expects to firm up Psychedelic LOI by month-end
2020-02-11 07:05 MT - News Release
Mr. Luke Montaine reports
ROADMAN INVESTMENTS PROVIDES ADDITONAL DETAILS ON DUTCH PSYCHEDELIC CENTER LOI
Roadman Investments Corp. has provided additional details on its recent announcement of its letter of intent with Psychedelic Insights. The company is working toward a definitive partnership agreement, with an expected closing by the end of February, 2020.
The strategic partnership agreement that the companies are planning on entering will create a medical corporation upon legislative changes giving the new joint venture the ability to pursue the opening of a clinic and garnering a first mover advantage. Due to the limited liability, risk management and tax savings of this type of corporation is the best way forward.
One of the important considerations that Roadman and Psychedelic Insights will be focused on is the regulatory and legal aspects of this venture. Currently administering of psychedelic medicines is only permitted under FDA and DEA approved clinical trials. Roadman believes that this should change in the future given that in November 2019 activists filed a ballot measure to legalize psilocybin mushrooms in the state of California.*
The latest version of the California Psilocybin Decriminalization Initiative that has potential to be on the ballot for voters to approve this fall. The initiative aims to advance cognitive liberty and implement a comprehensive, statewide scheme authorizing and regulating the cultivation, processing and distribution of Psilocybin Mushrooms and the chemical compounds contained therein for personal, spiritual, religious, dietary, therapeutic, and medical use. Beyond legalizing retail sales and cultivation, the proposal would also allow for on-site social consumption facilities and for the mushrooms to be sold at farmers' markets.
Roadman's definitive agreement will outline the specific details on the companies plan to form a medical corporation in the state of California upon legalization or medical approval of psilocybin.
About Roadman Investments
Roadman Investments is a Canadian Venture Capital and Advisory Firm that strives to actively drive innovation and accelerate growth within its portfolio holdings in order to realize alpha returns for its shareholders. Roadman invests capital into companies that offer breakthrough products, devices, treatments and health supplements.
We seek Safe Harbor.
© 2020 Canjex Publishing Ltd. All rights reserved.
Roadman to form JV for Calif. psilocybin centre
2020-02-05 17:55 MT - News Release
Mr. Luke Montaine reports
ROADMAN INVESTMENTS COMPLETES LOI WITH LEGAL DUTCH PSILOCYBIN THERAPY CENTER
Roadman Investments Corp. has completed a letter of intent for a transaction with Psychedelic Insights Inc. This transaction will create a joint venture for the state of California and will, upon psilocybin legalization and or medical approval, allow Roadman Investments to open the first psilocybin therapy centre in the United States.
Psychedelic Insights is one of the few organizations in the world that offers legal retreats that utilize psychotropic substances (that is, psilocybin truffles). The company is based in Amsterdam and has a team that consists of experienced professionals utilizing the best practices used in modern science and therapeutic modalities. The company's treatments aim to generate lasting improvements in well-being through moderate-to-high doses of psilocybin truffles and a carefully developed treatment process.
Psychedelic Insights meets all government regulations, and has an experienced team that performs comprehensive medical screenings to ensure client safety and has professional supervision at every single retreat. Truffles in the Netherlands are considered food, and the production, preparation or trading of truffles fall under the Dutch Commodities Act (Warenwet (WW)). The WW provides general rules on public health, product safety, fair trading and adequate information.
Roadman Investments is anticipating that the model and expertise from clinics in the Netherlands can be transferable to other jurisdictions as medical and legal access to psychedelics continues to open up in the coming years. As psychedelic medicines become more normalized and their use grows, Psychedelic Insights' proven results and established protocols will be transferred to the joint venture in the state of California. In June of 2019, Oakland's City Council voted unanimously to decriminalize magic mushrooms, and the City of Santa Cruz followed suit and officially decriminalized the substance in February, 2020. These legislative changes are signalling the first significant steps toward a much wider mainstream acceptance of psychedelic-assisted therapy in America.
Roadman Investments adviser Dr. Randy Scharlach is based in Los Angeles, Calif., and will be leading the company's efforts for this initiative. Dr. Scharlach is one of few medical doctors in the United States that has completed academic certification in clinical use and research using Schedule 1 psychedelic medicines, is a board member of two respective Los Angeles-based neuroscience institutes, and is certified by the Center for Psychedelic Therapy and Research at the California Institute of Integral Studies.
The joint venture structure of the operation is as follows:
Three-year joint venture partnership agreement for the state of California;
Agreed-upon financial investment numbers on non-operating, operating and capex costs;
Mutual extension, material adverse changes, termination and renewal clauses;
Roadman provides all the capital for 51-per-cent ownership of the JV;
Dr. Scharlach leads the implementation and local operations for 9-per-cent ownership of the JV;
Psychedelic Insights provides the treatment protocols, know-how and operates that business for 40-per-cent ownership of the JV.
Chief executive officer and director Luke Montaine stated: "We are truly excited to complete this first step towards establishing a psilocybin therapy centre in California. The experienced team at Psychedelic Insights and the leadership from Dr. Scharlach will provide our company a significant competitive advantage and the ability to be first movers once psilocybin is rescheduled."
About Roadman Investments Corp.
Roadman Investments is a Canadian venture capital and advisory firm that strives to actively drive innovation and accelerate growth within its portfolio holdings in order to realize alpha returns for its shareholders. Roadman invests capital into companies that offer breakthrough products, devices, treatments and health supplements.
We seek Safe Harbor.
© 2020 Canjex Publishing Ltd. All rights reserved.
Roadman investee enters distribution deal with Eurolife
2019-11-05 07:51 MT - News Release
Mr. Luke Montaine reports
ROADMAN INVESTMENTS INVESTEE CHAMPIGNON BRANDS ANNOUNCES MAJOR EUROPEAN DISTRIBUTION AGREEMENT
Roadman Investments Corp. investee Champignon Brands Inc. has entered into a major distribution partnership with Eurolife Brands Inc. Under the terms of the agreement, Eurolife Brands has been granted exclusive preferred distributor status for the jurisdictions of Germany, Switzerland and the United Kingdom, in addition to non-exclusive distribution rights in various other locales globally. Eurolife Brands will integrate Champignon Brands products into its e-commerce platform, along with potential distribution in select bricks-and-mortar retail locations. Eurolife anticipates placing an initial product purchase order in the fourth quarter of 2019 in order to stock inventory to fulfill initial consumer demand.
"The addition of Champignon products to our suite of health-and-wellness-oriented CPG offerings is a natural fit," commented Shawn Moniz, chief executive officer and director of Eurolife. "Informed, educated and health-conscious European consumers demand products that are not only high quality, but are on the cutting edge of their respective industry segments, and we believe that Champignon fits this criteria."
The global functional mushrooms market is expected to gain momentum from growing awareness regarding the health benefits of mushrooms and is projected to grow to $34.3-billion by 2024, with Europe experiencing the fastest growth worldwide.
The Champignon team has been focused on obtaining additional distributor partnerships and has signed up distribution partners in British Columbia, Alberta and Ontario. The company aims to enhance the health and wellness of millions of consumers through organic growing practices, commercial cultivation, research and development, and the distribution of a premium, mushroom-infused suite of products. Champignon is currently working toward a Q4 2019 initial public offering in Canada and is launching several new marketing campaigns to increase on-line sales of its products.
Luke Montaine, chief executive officer and a director of Roadman Investments, commented, "We are thrilled with the progress Champignon is making, and this new partnership and foray into the European marketing is a very positive development."
About Roadman Investments Corp.
Roadman Investments is mandated with realizing alpha returns for its shareholders via the tactical deployment of capital across the resource, agricultural, financial services, technology, and health and wellness verticals.
We seek Safe Harbor.
© 2020 Canjex Publishing Ltd. All rights reserved.
GOVERNMENT AND MINUSCA REITERATE COMMITMENT TO IMPLEMENT PEACE AGREEMENT
https://minusca.unmissions.org/le-gouvernement-et-la-minusca-r%C3%A9it%C3%A8rent-leur-engagement-dans-la-mise-%C5%93uvre-de-l%E2%80%99accord-de-paix?fbclid=IwAR2YA_nHTVIKWzQSQ6Z9Dz9TXyxHa_bUKkuKbuowAald2HtP4hoysGt-TQQ
5 Feb
2020
GOVERNMENT AND MINUSCA REITERATE COMMITMENT TO IMPLEMENT PEACE AGREEMENT
The Central African Government and MINUSCA reaffirmed on Wednesday their commitment to the implementation of the Political Agreement for Peace and Reconciliation in the Central African Republic (APPR-RCA) alongside other partners, while recalling the multiple challenges facing application of this peace tool faces. "I would like to reiterate the determination of the Government to firmly implement the commitments of the State contained in the APPR-RCA", said the Minister of Communication and Media and government spokesperson, Ange Maxime Kazagui, all recalling the need to consolidate the achievements of the Agreement.
For his part, the MINUSCA spokesperson, Vladimir Monteiro, welcomed the “respect of the commitments of the Central African Government and hailed the policy of the outstretched hand of the President of the Republic, marked recently by meetings with various Central African actors” , while paying tribute to all the victims of the violations, especially those committed after February 6, 2019. "MINUSCA will continue to work with the guarantors - the African Union and ECCAS -, the Government and other partners to implement the Agreement and protect the civilian population, "he said.
During the bimonthly joint press conference with MINUSCA, the government spokesperson noted a certain number of achievements due to the Peace Agreement, in particular the return of State authority in certain prefectures, including including the deployment of the FACA and internal security forces, the disarmament and demobilization operation in western CAR which affected 1321 combatants, including 81 women belonging to eight armed groups, as well as advances in laws on the decentralization and the status of former heads of state and parties.
However, he specified that even if the incidents and acts of violence on the populations decreased, "there is still too much", by asking that each one "be consistent with his signature so that the country can go towards peace". The spokesperson also indicated that the meeting at the Presidency of the Republic, on the occasion of the 1 st anniversary of the signing of the Agreement, aims to "take stock of the situation, in the presence of the signatories, of the parties politicians, civil society, the international community and government ”.
The MINUSCA spokesman also cited many advances, before urging all armed groups to honor their commitments and urged all Central Africans to support the Peace Agreement. “If the dividends that are the result of the trust born between the signatory parties have to be recognized, there is no time for self-satisfaction. MINUSCA denounces and condemns the violations recorded as well as the human rights abuses repeated by the armed groups, "he added.
On the 2020-2021 elections, the spokesperson said that in accordance with his mandate as coordinator of electoral assistance, MINUSCA will work with the Central African Government in mobilizing the resources necessary to organize the next elections.
GOVERNMENT AND MINUSCA REITERATE COMMITMENT TO IMPLEMENT PEACE AGREEMENT
https://minusca.unmissions.org/le-gouvernement-et-la-minusca-r%C3%A9it%C3%A8rent-leur-engagement-dans-la-mise-%C5%93uvre-de-l%E2%80%99accord-de-paix?fbclid=IwAR2YA_nHTVIKWzQSQ6Z9Dz9TXyxHa_bUKkuKbuowAald2HtP4hoysGt-TQQ
5 Feb
2020
GOVERNMENT AND MINUSCA REITERATE COMMITMENT TO IMPLEMENT PEACE AGREEMENT
The Central African Government and MINUSCA reaffirmed on Wednesday their commitment to the implementation of the Political Agreement for Peace and Reconciliation in the Central African Republic (APPR-RCA) alongside other partners, while recalling the multiple challenges facing application of this peace tool faces. "I would like to reiterate the determination of the Government to firmly implement the commitments of the State contained in the APPR-RCA", said the Minister of Communication and Media and government spokesperson, Ange Maxime Kazagui, all recalling the need to consolidate the achievements of the Agreement.
For his part, the MINUSCA spokesperson, Vladimir Monteiro, welcomed the “respect of the commitments of the Central African Government and hailed the policy of the outstretched hand of the President of the Republic, marked recently by meetings with various Central African actors” , while paying tribute to all the victims of the violations, especially those committed after February 6, 2019. "MINUSCA will continue to work with the guarantors - the African Union and ECCAS -, the Government and other partners to implement the Agreement and protect the civilian population, "he said.
During the bimonthly joint press conference with MINUSCA, the government spokesperson noted a certain number of achievements due to the Peace Agreement, in particular the return of State authority in certain prefectures, including including the deployment of the FACA and internal security forces, the disarmament and demobilization operation in western CAR which affected 1321 combatants, including 81 women belonging to eight armed groups, as well as advances in laws on the decentralization and the status of former heads of state and parties.
However, he specified that even if the incidents and acts of violence on the populations decreased, "there is still too much", by asking that each one "be consistent with his signature so that the country can go towards peace". The spokesperson also indicated that the meeting at the Presidency of the Republic, on the occasion of the 1 st anniversary of the signing of the Agreement, aims to "take stock of the situation, in the presence of the signatories, of the parties politicians, civil society, the international community and government ”.
The MINUSCA spokesman also cited many advances, before urging all armed groups to honor their commitments and urged all Central Africans to support the Peace Agreement. “If the dividends that are the result of the trust born between the signatory parties have to be recognized, there is no time for self-satisfaction. MINUSCA denounces and condemns the violations recorded as well as the human rights abuses repeated by the armed groups, "he added.
On the 2020-2021 elections, the spokesperson said that in accordance with his mandate as coordinator of electoral assistance, MINUSCA will work with the Central African Government in mobilizing the resources necessary to organize the next elections.
More recent articles on CAR:
Central African Republic Welcomes Russia's Offer To Provide Light Weapons : https://www.urdupoint.com/en/world/central-african-republic-welcomes-russias-of-830281.html
Central African Republic To Send Finance Minister, Foreign Minister To SPIEF : https://www.urdupoint.com/en/business/central-african-republic-to-send-finance-mini-830275.html
New video showing the securing of Alindao which is important for the Bambari axis :
More recent articles on CAR:
Central African Republic Welcomes Russia's Offer To Provide Light Weapons : https://www.urdupoint.com/en/world/central-african-republic-welcomes-russias-of-830281.html
Central African Republic To Send Finance Minister, Foreign Minister To SPIEF : https://www.urdupoint.com/en/business/central-african-republic-to-send-finance-mini-830275.html
New video showing the securing of Alindao which is important for the Bambari axis :
Hillcrest to connect West Hazel ops to Sask. power grid
2020-02-05 08:15 MT - News Release
Mr. Donald Currie reports
HILLCREST ELECTRIFIES WEST HAZEL OIL PRODUCTION OPERATIONS
Further to its recent news release dated Jan. 31, 2020, Hillcrest Petroleum Ltd. has provided an update on its operational improvement initiative to increase operational reliability and reduce operating costs by connecting its West Hazel production operations to the Saskatchewan power grid. The process will significantly reduce operating costs and eliminate greenhouse gas emissions from its current diesel/propane power system.
The Company recently initiated actions with Sask Power to connect its West Hazel oil production operations to Saskatchewan's electricity grid. Connection to the grid involves connecting to nearby main electricity transmission lines and installing necessary electrical equipment to service operational requirements.
This will transition West Hazel production operations from expensive, greenhouse gas emitting, diesel and propane fuels to clean grid electricity, is expected to deliver additional production from increased operational reliability (e.g. reduced downtime) and reduce direct operating expenses by approximately $8,000 per month, representing approximately a 10% operating cost saving.
"Since re-starting production from the West Hazel field early last year, we have gained valuable insight into opportunities to add value by optimizing our operations and implementing environmental best practices," commented Don Currie, CEO of Hillcrest Petroleum. "Electrifying the field is the first of a number of value adding field development activities planned to deliver maximum value from our West Hazel assets."
We seek Safe Harbor.
© 2020 Canjex Publishing Ltd. All rights reserved.
Hillcrest to connect West Hazel ops to Sask. power grid
2020-02-05 08:15 MT - News Release
Mr. Donald Currie reports
HILLCREST ELECTRIFIES WEST HAZEL OIL PRODUCTION OPERATIONS
Further to its recent news release dated Jan. 31, 2020, Hillcrest Petroleum Ltd. has provided an update on its operational improvement initiative to increase operational reliability and reduce operating costs by connecting its West Hazel production operations to the Saskatchewan power grid. The process will significantly reduce operating costs and eliminate greenhouse gas emissions from its current diesel/propane power system.
The Company recently initiated actions with Sask Power to connect its West Hazel oil production operations to Saskatchewan's electricity grid. Connection to the grid involves connecting to nearby main electricity transmission lines and installing necessary electrical equipment to service operational requirements.
This will transition West Hazel production operations from expensive, greenhouse gas emitting, diesel and propane fuels to clean grid electricity, is expected to deliver additional production from increased operational reliability (e.g. reduced downtime) and reduce direct operating expenses by approximately $8,000 per month, representing approximately a 10% operating cost saving.
"Since re-starting production from the West Hazel field early last year, we have gained valuable insight into opportunities to add value by optimizing our operations and implementing environmental best practices," commented Don Currie, CEO of Hillcrest Petroleum. "Electrifying the field is the first of a number of value adding field development activities planned to deliver maximum value from our West Hazel assets."
We seek Safe Harbor.
© 2020 Canjex Publishing Ltd. All rights reserved.
more insider buying:
Recent filings
Filed 2020-02-03 16:30
Tx date 2020-02-03 $CDC
Cadillac Ventures Inc. Brewster, Norman
5 - Senior Officer of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market $600.00
+15,000 vol
$0.04 each 6,627,720
Older filings
Filed 2020-01-30 13:57
Tx date 2020-01-30 $CDC
Cadillac Ventures Inc. Brewster, Norman
5 - Senior Officer of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market $525.00
+15,000 vol
$0.035 each 6,612,720
Filed 2020-01-29 12:33
Tx date 2020-01-29 $CDC
Cadillac Ventures Inc. Brewster, Norman
5 - Senior Officer of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market $525.00
+15,000 vol
$0.035 each 6,597,720
2020-02-03 07:08 MT - News Release
Mr. Nick Demare reports
EAST WEST PROVIDES FURTHER UPDATE ON SALE OF 30% INTEREST IN CHEAL PERMITS
East West Petroleum Corp. has provided this update on the sale of its interest in petroleum exploration permit 54877 and petroleum mining permit 60291, which are subject to joint venture between a wholly owned subsidiary of the company and Cheal Petroleum Ltd., to an arm's-length private New Zealand company, on the terms previously announced in a news release of the company dated June 24, 2019.
At this time there are no contractual issues that are an impediment to closing the transaction, and the company and the purchaser had previously anticipated closing at or about this time.
In a news release dated Nov. 27, 2019, the company announced that because of the change in ownership of Cheal Petroleum as the operator of the joint venture and owner of 70-per-cent interest in the Cheal permits, certain government authorities in New Zealand had issued a notice regarding the financial capacity of the operator that impacted tenure to the Cheal permits. If the concerns are not satisfied, then tenure to the Cheal permits could be revoked. A revocation would impact both the company's 30-per-cent interest and Cheal Petroleum's 70-per-cent interest. The government has communicated no specific issues with the company or the proposed purchaser of the company's 30-per-cent interest in the joint venture. Cheal Petroleum has prepared and submitted a response and fully expects that all issues will be satisfactorily resolved.
Until local regulatory issues are addressed closing of the transaction cannot occur. At this time, it is not known when such concerns will be resolved, or whether they will be resolved, and further it is not known whether the delay could impact the company's agreement with the purchaser in respect of the transaction. As additional information is available, the company will provide further updates.
About East West Petroleum Corp.
East West Petroleum is a TSX Venture Exchange-listed company established in 2010 to invest in international oil and gas opportunities. The company has its primary focus on two key areas: New Zealand, where it has established production and cash flow, and Romania where it is carried to production on an exploration program. In Romania the company has exploration rights in four exploration concessions covering one million acres in the prolific Pannonian Basin of western Romania with Naftna Industrija Srbije (NIS). The company does not own the acres but has exploration rights.
We seek Safe Harbor.
© 2020 Canjex Publishing Ltd. All rights reserved.
2020-02-03 07:08 MT - News Release
Mr. Nick Demare reports
EAST WEST PROVIDES FURTHER UPDATE ON SALE OF 30% INTEREST IN CHEAL PERMITS
East West Petroleum Corp. has provided this update on the sale of its interest in petroleum exploration permit 54877 and petroleum mining permit 60291, which are subject to joint venture between a wholly owned subsidiary of the company and Cheal Petroleum Ltd., to an arm's-length private New Zealand company, on the terms previously announced in a news release of the company dated June 24, 2019.
At this time there are no contractual issues that are an impediment to closing the transaction, and the company and the purchaser had previously anticipated closing at or about this time.
In a news release dated Nov. 27, 2019, the company announced that because of the change in ownership of Cheal Petroleum as the operator of the joint venture and owner of 70-per-cent interest in the Cheal permits, certain government authorities in New Zealand had issued a notice regarding the financial capacity of the operator that impacted tenure to the Cheal permits. If the concerns are not satisfied, then tenure to the Cheal permits could be revoked. A revocation would impact both the company's 30-per-cent interest and Cheal Petroleum's 70-per-cent interest. The government has communicated no specific issues with the company or the proposed purchaser of the company's 30-per-cent interest in the joint venture. Cheal Petroleum has prepared and submitted a response and fully expects that all issues will be satisfactorily resolved.
Until local regulatory issues are addressed closing of the transaction cannot occur. At this time, it is not known when such concerns will be resolved, or whether they will be resolved, and further it is not known whether the delay could impact the company's agreement with the purchaser in respect of the transaction. As additional information is available, the company will provide further updates.
About East West Petroleum Corp.
East West Petroleum is a TSX Venture Exchange-listed company established in 2010 to invest in international oil and gas opportunities. The company has its primary focus on two key areas: New Zealand, where it has established production and cash flow, and Romania where it is carried to production on an exploration program. In Romania the company has exploration rights in four exploration concessions covering one million acres in the prolific Pannonian Basin of western Romania with Naftna Industrija Srbije (NIS). The company does not own the acres but has exploration rights.
We seek Safe Harbor.
© 2020 Canjex Publishing Ltd. All rights reserved.
Accelerating economic recovery in the Central African Republic
https://moderndiplomacy.eu/2020/01/31/accelerating-economic-recovery-in-the-central-african-republic/
Published 3 days ago on January 31, 2020By Newsroom
A conference on “Strengthening capacity building in periods of economic recovery through South-South and triangular cooperation”, has been organized by the government of the Central African Republic, together with the International Organization of La Francophonie (IOF), the United Nations Office for South-South Cooperation (UNOSSC) and the United Nations Industrial Development Organization (UNIDO).
Chaired by the Minister of the Economy, Planning and Cooperation of the Central African Republic, Félix Moloua, the Conference included plenary sessions, sectoral meetings and technical training workshops focusing on youth entrepreneurship and quick-impact initiatives. The event, which mobilized 32 national and international representatives and experts, helped to strengthen the operational capacities of young people and women to implement economic regeneration projects. It also provided an opportunity to explore, along with international partners, trade- and industry-related cooperation models in the fields of agribusiness and of Information and Communication Technology (ICT).
“Through its interventions to strengthen the skills necessary for productive employment, UNIDO helps to establish social cohesion and equity, allowing the development of stable societies and the implementation of the Sustainable Development Goals,” said Tidiane Boye, UNIDO Representative in Côte d’Ivoire.
Manuel Mattiat, Programme Officer in UNIDO’s Region Division for Africa, added that “UNIDO works for Central Africans alongside its partners, such as the IOF, in order to accelerate economic recovery by involving young people in entrepreneurship and through the development of income-generating activities.”
Training sessions provided during the event concluded with 91 young people being certified on entrepreneurship practices and 60 officials and non-governmental organization leaders on quick-impact initiatives. Sectoral meetings focusing on the cotton industry were also held between representatives of Egypt and the Central African Republic.
At the end of the conference, nearly 200 participating Central Africans adopted recommendations to promote employability and entrepreneurship among young people. For example, it was agreed that young people will be trained in the car and motorcycle mobility industries. Young entrepreneurs will also be brought together in a consortium whose financing will be guaranteed by a trust fund supplied by local Central Africans. Also, Central African authorities will aim to ensure that 10 per cent of public procurement and contracts will be allocated to young people and 20 per cent to women.
Representatives of UNIDO and the IOF met with several partners and stakeholders likely to contribute to the implementation of the government’s National Recovery and Peacebuilding Plan of the Central African Republic (RCPCA) with the aim of identifying avenues to further develop and implement the recommendations adopted at the event, including the ones related to the establishment of a consortium of incubators dedicated to the digital economy, agro-industry, financial technology (Fintech) and mobility.
This event was preceded, on 14 December, by a public dialogue which brought together a hundred young people and women from Bangui to look at challenges related to the employability of youth, the country’s economic recovery and the revival of productive sectors.
The participants and organizers expressed their desire to explore possibilities of organizing a second edition of the Bangui Economic Conference in the near future.
Accelerating economic recovery in the Central African Republic
https://moderndiplomacy.eu/2020/01/31/accelerating-economic-recovery-in-the-central-african-republic/
Published 3 days ago on January 31, 2020By Newsroom
A conference on “Strengthening capacity building in periods of economic recovery through South-South and triangular cooperation”, has been organized by the government of the Central African Republic, together with the International Organization of La Francophonie (IOF), the United Nations Office for South-South Cooperation (UNOSSC) and the United Nations Industrial Development Organization (UNIDO).
Chaired by the Minister of the Economy, Planning and Cooperation of the Central African Republic, Félix Moloua, the Conference included plenary sessions, sectoral meetings and technical training workshops focusing on youth entrepreneurship and quick-impact initiatives. The event, which mobilized 32 national and international representatives and experts, helped to strengthen the operational capacities of young people and women to implement economic regeneration projects. It also provided an opportunity to explore, along with international partners, trade- and industry-related cooperation models in the fields of agribusiness and of Information and Communication Technology (ICT).
“Through its interventions to strengthen the skills necessary for productive employment, UNIDO helps to establish social cohesion and equity, allowing the development of stable societies and the implementation of the Sustainable Development Goals,” said Tidiane Boye, UNIDO Representative in Côte d’Ivoire.
Manuel Mattiat, Programme Officer in UNIDO’s Region Division for Africa, added that “UNIDO works for Central Africans alongside its partners, such as the IOF, in order to accelerate economic recovery by involving young people in entrepreneurship and through the development of income-generating activities.”
Training sessions provided during the event concluded with 91 young people being certified on entrepreneurship practices and 60 officials and non-governmental organization leaders on quick-impact initiatives. Sectoral meetings focusing on the cotton industry were also held between representatives of Egypt and the Central African Republic.
At the end of the conference, nearly 200 participating Central Africans adopted recommendations to promote employability and entrepreneurship among young people. For example, it was agreed that young people will be trained in the car and motorcycle mobility industries. Young entrepreneurs will also be brought together in a consortium whose financing will be guaranteed by a trust fund supplied by local Central Africans. Also, Central African authorities will aim to ensure that 10 per cent of public procurement and contracts will be allocated to young people and 20 per cent to women.
Representatives of UNIDO and the IOF met with several partners and stakeholders likely to contribute to the implementation of the government’s National Recovery and Peacebuilding Plan of the Central African Republic (RCPCA) with the aim of identifying avenues to further develop and implement the recommendations adopted at the event, including the ones related to the establishment of a consortium of incubators dedicated to the digital economy, agro-industry, financial technology (Fintech) and mobility.
This event was preceded, on 14 December, by a public dialogue which brought together a hundred young people and women from Bangui to look at challenges related to the employability of youth, the country’s economic recovery and the revival of productive sectors.
The participants and organizers expressed their desire to explore possibilities of organizing a second edition of the Bangui Economic Conference in the near future.
FT: Putin's new Ukraine man lifts hopes of peace progress in Kyiv
10:19, 30 January 2020 WORLD 1577 0 People close to the peace talks said the changes were intended to formalise Mr. Kozak's emergence as Mr. Putin's lead negotiator on Ukraine.
https://www.unian.info/world/10851929-ft-putin-s-new-ukraine-man-lifts-hopes-of-peace-progress-in-kyiv.html
Vladimir Putin's promotion of a crucial figure driving peace talks with Ukraine has been welcomed by Kyiv as a signal of renewed willingness in Moscow to resolve the six-year conflict between the two countries. Dmitry Kozak, a former deputy prime minister, was appointed to a newly created position in the presidential administration last week as part of sweeping changes in the Kremlin that analysts said were designed to lengthen Mr. Putin's rule, according to the Financial Times. The announcement was followed by the reported resignation of Vladislav Surkov, Mr. Putin's chief negotiator on Ukraine.
People close to the peace talks said the changes were intended to formalise Mr. Kozak's emergence as Mr. Putin's lead negotiator on Ukraine. Mr. Kozak oversaw two landmark prisoner exchanges last year that were widely hailed as progress in efforts to bring an end to the conflict between Ukraine and Russia-backed armed forces. The conflict in eastern Ukraine, which started with Russia's annexation of Crimea from Ukraine in 2014, has claimed 14,000 lives.
Mr. Kozak has also helped resurrect four-party peace talks led by France and Germany. The so-called "Normandy four" negotiations resumed last month after years of stalling under Mr. Surkov. "Surkov was playing interference. If he is really gone this is good," said a person close to Ukrainian president Volodymyr Zelensky.
Mr. Kozak will now have to reconcile Ukraine's efforts to reclaim the two Moscow-backed breakaway states on its border with Russia. Mr. Zelensky has refused to grant the regions lasting autonomy – a move seen in Ukraine as giving Russia a veto over Kyiv's pro-western foreign policy – and instead wants to include them in a planned decentralisation reform. "Surkov was [driving] a policy of weakening Ukraine and preventing the signature of future EU and Nato agreements by politically destabilising the territory," a person familiar with the peace talks said. "Now we are more into managing the process on the ground. [?.?.?.] It's a more pragmatic approach. Kozak is a stronger administrator and good on the economy." But other people close to the talks cautioned that Mr. Putin, who has shown no sign of easing pressure on Ukraine, will remain the ultimate decision maker. "Zelensky's guys just associate all the problems with Surkov. They don't get who they're dealing with," the former Kremlin colleague said. "Of course they won't give the territories back. It's a fantasy."
FT: Putin's new Ukraine man lifts hopes of peace progress in Kyiv
10:19, 30 January 2020 WORLD 1577 0 People close to the peace talks said the changes were intended to formalise Mr. Kozak's emergence as Mr. Putin's lead negotiator on Ukraine.
https://www.unian.info/world/10851929-ft-putin-s-new-ukraine-man-lifts-hopes-of-peace-progress-in-kyiv.html
Vladimir Putin's promotion of a crucial figure driving peace talks with Ukraine has been welcomed by Kyiv as a signal of renewed willingness in Moscow to resolve the six-year conflict between the two countries. Dmitry Kozak, a former deputy prime minister, was appointed to a newly created position in the presidential administration last week as part of sweeping changes in the Kremlin that analysts said were designed to lengthen Mr. Putin's rule, according to the Financial Times. The announcement was followed by the reported resignation of Vladislav Surkov, Mr. Putin's chief negotiator on Ukraine.
People close to the peace talks said the changes were intended to formalise Mr. Kozak's emergence as Mr. Putin's lead negotiator on Ukraine. Mr. Kozak oversaw two landmark prisoner exchanges last year that were widely hailed as progress in efforts to bring an end to the conflict between Ukraine and Russia-backed armed forces. The conflict in eastern Ukraine, which started with Russia's annexation of Crimea from Ukraine in 2014, has claimed 14,000 lives.
Mr. Kozak has also helped resurrect four-party peace talks led by France and Germany. The so-called "Normandy four" negotiations resumed last month after years of stalling under Mr. Surkov. "Surkov was playing interference. If he is really gone this is good," said a person close to Ukrainian president Volodymyr Zelensky.
Mr. Kozak will now have to reconcile Ukraine's efforts to reclaim the two Moscow-backed breakaway states on its border with Russia. Mr. Zelensky has refused to grant the regions lasting autonomy – a move seen in Ukraine as giving Russia a veto over Kyiv's pro-western foreign policy – and instead wants to include them in a planned decentralisation reform. "Surkov was [driving] a policy of weakening Ukraine and preventing the signature of future EU and Nato agreements by politically destabilising the territory," a person familiar with the peace talks said. "Now we are more into managing the process on the ground. [?.?.?.] It's a more pragmatic approach. Kozak is a stronger administrator and good on the economy." But other people close to the talks cautioned that Mr. Putin, who has shown no sign of easing pressure on Ukraine, will remain the ultimate decision maker. "Zelensky's guys just associate all the problems with Surkov. They don't get who they're dealing with," the former Kremlin colleague said. "Of course they won't give the territories back. It's a fantasy."
https://www.570news.com/2020/01/31/un-slightly-eases-arms-embargo-on-central-african-republic/
UN slightly eases arms embargo on Central African Republic
CAMEROON, Cameroon — The U.N. Security Council voted Friday to slightly ease the arms embargo against the Central African Republic, with Russia and China abstaining because they wanted a greater easing of the weapons ban to help the government’s forces combat armed groups and protect the population.
The vote on the French-drafted resolution — 13-0 with the two abstentions — followed contentious negotiations in the 15-member council over the extent the arms embargo should be eased. At one point Russia presented a rival draft resolution, diplomats said.
Acting U.S. Deputy Ambassador Cherith Norman Chalet expressed deep concern after the vote that Russia’s ambassador to Central African Republic had publicly stated that council members that disagreed with Moscow’s position opposed peace in the country and were against the interests of its people.
“In fact nothing could be further from the truth,” she said.
While council members differ over the elements of an effective sanctions regime, Chalet said, “all of us are engaged on this matter because we want to see peace and security in the Central African Republic and elevate the interests of the Central African people.”
Central African Republic has faced deadly interreligious and intercommunal fighting since 2013, when predominantly Muslim Seleka rebels seized power in the capital, Bangui. Mostly Christian anti-Balaka militias fought back, resulting in thousands of people killed and hundreds of thousands displaced. The impoverished country saw a period of relative peace in late 2015 and 2016 but violence intensified and spread afterward. In February 2019, the government signed a peace agreement with 14 armed groups.
In response to the peace agreement and progress in reforming its security sector, the Security Council gave a green light last September for the country’s security forces to be supplied with weapons with a calibre of 14.5 mm or less, and ammunition for them, with at least 20 days advance notification and specific requirements including that they not be transferred or sold.
The resolution adopted Friday goes further, allowing the government forces to be supplied with military vehicles and vehicles mounted with weapons with a calibre of 14.5 mm or less, with the same notification procedures.
The previous arms embargo was extended for one year but Friday’s resolution only extends it for six months, until July 31, 2020.
It requests Secretary-General Antonio Guterres, in close consultation with the U.N. peacekeeping mission in the country and the panel of experts monitoring sanctions, to report by June 30 on the government’s progress in implementing benchmarks that could guide a review of the arms embargo. These include security sector reform, the demobilization and reintegration of combatants, and the management of weapons and ammunition.
France’s Deputy Ambassador Anne Gueguen told the council after the vote that “against a security backdrop which is still unstable” it’s important that the council assist Central African authorities toward meeting the benchmarks, which is “a key element for enduring peace and security” in the country.
Niger’s U.N. Ambassador Abdou Abarry, speaking on behalf of the three African council members including South Africa and Tunisia, said the resolution “will pave the way for armed forces to reequip themselves so they can regain control over the entire country and push back the armed groups that continue to threaten peace and security.”
The Central African Republic’s government has called for the lifting of the arms embargo.
Russia’s Deputy Ambassador Dmitry Polyansky and China’s Deputy Ambassador Wu Haitao said the Security Council should have gone further in easing sanctions.
“The arms embargo against the Central African Republic might have been beneficial at the early stages,” Polyansky said. “However, currently it is, de facto, an obstacle to the rearming of the national army and the security forces — the very institutions that bear the primary responsibility for ensuring security and peace of their own citizens. Meanwhile, the spoilers of the peace process have no obstacles when it comes to obtaining arms through trafficking.”
He said Russia intends to review the sanctions in July when the arms embargo must be renewed again “with a view to their easing and ultimately their full lifting.”
Wu said the council should lift sanctions “at an early date,” citing improving security in the country and progress on meeting the benchmarks.
Edith M. Lederer, The Associated Press
https://www.570news.com/2020/01/31/un-slightly-eases-arms-embargo-on-central-african-republic/
UN slightly eases arms embargo on Central African Republic
CAMEROON, Cameroon — The U.N. Security Council voted Friday to slightly ease the arms embargo against the Central African Republic, with Russia and China abstaining because they wanted a greater easing of the weapons ban to help the government’s forces combat armed groups and protect the population.
The vote on the French-drafted resolution — 13-0 with the two abstentions — followed contentious negotiations in the 15-member council over the extent the arms embargo should be eased. At one point Russia presented a rival draft resolution, diplomats said.
Acting U.S. Deputy Ambassador Cherith Norman Chalet expressed deep concern after the vote that Russia’s ambassador to Central African Republic had publicly stated that council members that disagreed with Moscow’s position opposed peace in the country and were against the interests of its people.
“In fact nothing could be further from the truth,” she said.
While council members differ over the elements of an effective sanctions regime, Chalet said, “all of us are engaged on this matter because we want to see peace and security in the Central African Republic and elevate the interests of the Central African people.”
Central African Republic has faced deadly interreligious and intercommunal fighting since 2013, when predominantly Muslim Seleka rebels seized power in the capital, Bangui. Mostly Christian anti-Balaka militias fought back, resulting in thousands of people killed and hundreds of thousands displaced. The impoverished country saw a period of relative peace in late 2015 and 2016 but violence intensified and spread afterward. In February 2019, the government signed a peace agreement with 14 armed groups.
In response to the peace agreement and progress in reforming its security sector, the Security Council gave a green light last September for the country’s security forces to be supplied with weapons with a calibre of 14.5 mm or less, and ammunition for them, with at least 20 days advance notification and specific requirements including that they not be transferred or sold.
The resolution adopted Friday goes further, allowing the government forces to be supplied with military vehicles and vehicles mounted with weapons with a calibre of 14.5 mm or less, with the same notification procedures.
The previous arms embargo was extended for one year but Friday’s resolution only extends it for six months, until July 31, 2020.
It requests Secretary-General Antonio Guterres, in close consultation with the U.N. peacekeeping mission in the country and the panel of experts monitoring sanctions, to report by June 30 on the government’s progress in implementing benchmarks that could guide a review of the arms embargo. These include security sector reform, the demobilization and reintegration of combatants, and the management of weapons and ammunition.
France’s Deputy Ambassador Anne Gueguen told the council after the vote that “against a security backdrop which is still unstable” it’s important that the council assist Central African authorities toward meeting the benchmarks, which is “a key element for enduring peace and security” in the country.
Niger’s U.N. Ambassador Abdou Abarry, speaking on behalf of the three African council members including South Africa and Tunisia, said the resolution “will pave the way for armed forces to reequip themselves so they can regain control over the entire country and push back the armed groups that continue to threaten peace and security.”
The Central African Republic’s government has called for the lifting of the arms embargo.
Russia’s Deputy Ambassador Dmitry Polyansky and China’s Deputy Ambassador Wu Haitao said the Security Council should have gone further in easing sanctions.
“The arms embargo against the Central African Republic might have been beneficial at the early stages,” Polyansky said. “However, currently it is, de facto, an obstacle to the rearming of the national army and the security forces — the very institutions that bear the primary responsibility for ensuring security and peace of their own citizens. Meanwhile, the spoilers of the peace process have no obstacles when it comes to obtaining arms through trafficking.”
He said Russia intends to review the sanctions in July when the arms embargo must be renewed again “with a view to their easing and ultimately their full lifting.”
Wu said the council should lift sanctions “at an early date,” citing improving security in the country and progress on meeting the benchmarks.
Edith M. Lederer, The Associated Press
Update from JV Partner HRH on West Hazel. KFG owns 15% of this project:
Hillcrest completes six months of West Hazel production
2020-01-31 07:27 MT - News Release
Mr. Donald Currie reports
HILLCREST WEST HAZEL PRODUCTION UPDATE
Hillcrest Petroleum Ltd., further to its news release of July 5, 2019, and Sept. 10, 2019, has provided an update on its operations at West Hazel.
The company has noted six full months of production after all four wells were brought back on production at the West Hazel property.
In early July, 2019, total fluid production (oil and water) was over 4,500 barrels per day, with oil cut estimated at 1.5 per cent to 2 per cent of total fluid. In September, the company announced production averaging over 150 barrels of oil per day, with oil cut increasing to between 2.5 per cent and 3 per cent.
Production performance over the past six months indicates consistently strong fluid flow capacity from the wells and reservoirs. Daily production from the field periodically exceeded 200 barrels per day, indicating the latent production potential from the field, as Hillcrest continues to optimize production operations. Oil rates over the last six months averaged 115 barrels per day, despite reducing total fluid production to minimize sand influx in the wells and operational issues in one of the wells.
"We are pleased with how the field has performed well and have gained valuable insight into how best to optimize production from the wells. Heavy oil operations require more attention and care than light oil, particularly with regard to sand produced with the oil, and our field staff have done an excellent job keeping all running even in severe cold temperatures," states Don Currie, chief executive officer of Hillcrest Petroleum. "The production revenue has created a floor for Hillcrest to work from and we continue to work to improve the company balance sheet and shareholder value. The company will continue to issue updates as developments occur."
We seek Safe Harbor.
© 2020 Canjex Publishing Ltd. All rights reserved.