UN Global Compact Marks 15-Year Milestone in Global Anti-Corruption Initiative, Underscoring Integrity as Cornerstone of Sustainable Development
MEXICO CITY, June 26, 2025 /CNW/ -- The United Nations Global Compact commemorated the successful conclusion of its 15-year Anti-Corruption Collective Action (ACCA) initiative at a special two-day event held on 26–27 June. Funded since its inception in 2010 by the Siemens Integrity Initiative, the project commemorated a remarkable journey of promoting business integrity and combating corruption across the globe.
The event brought together a diverse group of more than 100 leaders from business, Government, international organizations, academia and civil society, hosted in collaboration with UN Global Compact Country Networks Mexico and Brazil. Discussions highlighted powerful achievements and valuable insights derived from ACCA initiatives implemented by 13 Global Compact Country Networks.
A cornerstone of the event was the launch of the comprehensive legacy report, 15 Years of Collective Action: Stories of Integrity from the Private Sector. The report captures global impacts through compelling narratives that vividly illustrate how cross-sector collaboration has tangibly transformed business practices, enhanced transparency and fostered ethical leadership worldwide.
Sanda Ojiambo, CEO & Executive Director of the UN Global Compact, stated: "The Anti-Corruption Collective Action initiative has proven that integrity is not just good ethics — it's good business. Corruption erodes trust, weakens institutions and hampers sustainable development. Collective Action has demonstrated its power to align companies, Governments and civil society behind a shared vision of transparency and accountability. As we commemorate these successes, we reaffirm our call for continued collaboration to sustain momentum towards a more equitable and ethical global economy."
Key highlights from the event and legacy report include:
1. Collective Action as a Driver of Sustainable Development: The ACCA initiative underscored the vital role of collaboration in achieving the Sustainable Development Goals, particularly SDG 16 on peace, justice and strong institutions. Participants reiterated how partnerships have multiplied individual efforts, creating lasting improvements in governance and corporate responsibility.
2. Impact through Storytelling: By harnessing the power of storytelling, the legacy report connects audiences to the real-world impacts of anti-corruption efforts. Personal accounts from business executives, community leaders and stakeholders offer insights into how ethical practices have reshaped corporate cultures and communities, making the case for continued global cooperation.
3. Ongoing Commitment to Transparency and Integrity: Recognizing the enduring importance of Collective Action, participants highlighted the need for continued engagement and knowledge sharing. The event also spotlighted resources such as the Uniting against Corruption: A Playbook on Anti-Corruption Collective Action, the ACCA e-learning course and the Doing Business with Integrity course designed to foster transparency and guide future initiatives.
The report features stories organized by key themes, including Engaging the Next Generation of Ethical Leaders, Harnessing Digital Technology for Transparency, and more. Each theme is illustrated with real-world examples of how the project strengthens good governance, builds trust and promotes business integrity in various sectors globally.
The UN Global Compact, as a leading voice in Collective Action, has consistently emphasized the importance of collaboration across sectors to combat corruption and promote integrity. ACCA has catalyzed widespread change and established Collective Action as a vital framework for addressing complex global challenges like corruption. Looking ahead, the UN Global Compact calls on companies worldwide to join forces in scaling up anti-corruption efforts.
Download the 15 Years of Collective Action: Stories of Integrity from the Private Sector to learn more about the progress made since 2010 by the Siemens-backed Anti-Corruption Collective Action (ACCA) project of the UN Global Compact. With stories from 13 different countries across Africa, Asia, Europe and Latin America, the ACCA Legacy Report serves as a testament to how trusted private sector partnerships can transform industries, drive long-term success and protect people.
Notes to Editors
About the UN Global Compact
The ambition of the UN Global Compact is to accelerate and scale the global collective impact of business by upholding the Ten Principles and delivering the SDGs through accountable companies and ecosystems that enable change. With more than 20,000 participating companies, 5 Regional Hubs, 64 Country Networks covering 85 countries and 9 Country Managers establishing Networks in 16 other countries, the UN Global Compact is the world's largest corporate sustainability initiative — one Global Compact uniting business for a better world. For more information, follow @globalcompact on social media and visit our website at unglobalcompact.org.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Cision Canada
22 minutes ago
- Cision Canada
Mining's New Golden Age Driven By Inflation Fears
Issued on behalf of RUA GOLD Inc. VANCOUVER, BC, June 26, 2025 /CNW/ -- Equity Insider News Commentary – This year's bullish run for gold continues to pick up momentum, and it's starting to trickle towards the miners. According to a new report from Reuters, the TSX is currently approaching its own recent record high, as gold mining shares continue to climb. As Iran-Israel tensions escalate, despite the announcement of a supposed cease fire, gold continues to be seen as a safe-haven investment. Gold price bulls continue to shrug off the ceasefire's impact on the precious metal, ahead of the Federal Reserve's Chair Jerome Powell's awaited testimony coming in July. Amid the scramble, investors are seeking out more information on miners, with recent attention turning towards groups such as RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF), Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF), Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF), Fuerte Metals Corp. (TSXV: FMT) (OTCQB: FUEMF), and U.S. Gold Corp. (NASDAQ: USAU). According to Ammar Al-Joundi, CEO of mining major Agnico Eagle Mines, there's only one reason to buy a gold mining stock: if it gives you a better return than just buying gold. As gold flirts with all-time highs and silver rips through multi-year resistance, investors are beginning to rotate into junior miners as the next logical phase of the precious metals bull run. RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF) today announced it had closed a C$13.8 million brokered offering, including the full exercise of an over-allotment option, helping the company to further advance its portfolio of high-grade, district-scale gold and antimony assets in New Zealand. "For the first time, RUA GOLD is fully funded to execute all of our exploration plans over the next 12 to 18 months" said CEO, Robert Eckford. "Since listing the Company last year, we have accelerated both the Reefton Project on the South Island, and Glamorgan Project on the North Island of New Zealand." Prior to the announcement, the company recently reported deeper success at its Auld Creek project, where step-out drilling has extended high-grade mineralization 120 metres below the current inferred resource. Hole ACDDH033 intercepted 2.1 metres at 64 g/t AuEq (5.5 g/t gold and 13.1% antimony), increasing the vertical extent of the system from 160 metres to over 280 metres. Multiple targets remain untested, including a 2.5-kilometre gold-in-soil trend to the northwest of the existing Bonanza and Fraternal shoots. "With the addition of a cornerstone 9.9% investor, we have strengthened our support base, enabling a two-pronged strategy: the continuation of an aggressive drill campaign at the Reefton Project, and the planned commencement of drilling at the Glamorgan Project in Q4 2025," added Eckford. "Both strategies are designed to highlight the exceptional geological potential of New Zealand, supported by a very significant financing." The latest results at Auld Creek continually demonstrate the robustness of the gold–antimony system. Earlier intercepts include 9.0 metres at 5.9 g/t AuEq and 1.25 metres at 48.3 g/t AuEq — with previous drilling returning 12 metres at 12.2 g/t including a 2-metre interval at 54.8 g/t. Only two of four known mineralized shoots are currently modeled. RUA's strategy includes expanding inferred resources along strike and at depth while also evaluating the critical metals component of the system. "This is an exciting development to see high-grade gold-antimony mineralization at Auld Creek that is 120 m deeper than the current resource," said Eckford. "Proving out continuity at depth and growing this resource will be a key focus of drilling in the next quarter, while simultaneously drilling the Cumberland-Gallant deposit 3 km to the south." Three kilometres south of Auld Creek, RUA GOLD is drilling the Gallant prospect inside its Cumberland licence. New hits, such as 1 m @ 26.9 g/t and 1 m @ 16.2 g/t gold, added to earlier assays of 62.2 g/t and a spectacular 1 m @ 1,911 g/t, confirming shallow continuity along the 600 m-long Gallant vein. Gallant is the company's first VRIFY AI–generated target, and step-outs are planned along a two-kilometre structural corridor tied to Cumberland. Antimony's 2025 spot price has jumped past US$50,000/t after China imposed export controls, and New Zealand now classifies the metal as "critical." That backdrop sharpens Auld Creek's gold-plus-antimony appeal: surface samples top 40 % Sb and multiple holes exceed 8 % Sb—grades seldom reported this early by juniors. RUA controls about 95% of the historic Reefton Goldfield, which produced over two million ounces at 9–50 g/t. Its hub-and-spoke plan aims to truck near-surface, high-grade feed to a central mill as new data expand each spoke. North-island flagship Glamorgan spans a four-kilometre gold-arsenic anomaly in the Hauraki belt that hosts the 10 Moz Martha mine. Rock chips grade up to 43 g/t gold, CSAMT surveys outline vein-style resistors, and drill access is in final approval after VRIFY's DORA AI refined targets. With the oversubscribed $13.8M financing complete and a leadership team behind US$11 billion in past mining exits, RUA GOLD is funding multiple near-surface programs through H2 2025, positioning both gold and antimony as twin growth levers. In other industry developments and happenings in the market include: Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) recently announced a high-grade gold discovery at the Maria Geralda target of its Antino Project in Suriname, highlighted by 22.5 m averaging 11.88 g/t gold in drill hole MG003. The hole tested a 500 m × 400 m surface anomaly where 54 % of auger samples topped 0.1 g/t, validating the company's systematic exploration work. "This outstanding start to drilling at Maria Geralda further validates our exploration approach across the 200 km² Antino land package," said Colin Padget, President and CEO of Founders. "The 22.5 m interval grading 11.88 g/t Au represents some of the highest-grade mineralization we've encountered to date. These results demonstrate the substantial discovery potential that exists beyond the property's current established zones. Between this discovery, recent expansions at Upper and Lower Antino, and our ongoing 2025 exploration program, we see significant opportunity to build shareholder value." The zone is open along strike and at depth, with step-out drilling planned in 2025. Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) recently hit 29.6 m averaging 10.7 g/t gold equivalent in drill hole KM-25-181 at the Kay2 Zone of its Kay Mine Project, including 13.6 m at 17.8 g/t AuEq and a peak assay of 35.8 g/t gold. The intercept lies about 90 m below the Kay2 discovery hole and underscores the zone's open depth potential. "The high gold grades in the Kay2 Zone continue to indicate a robust mineralized system at Kay and illustrate additional potential for the Kay2 Zone to add value to the overall deposit," said Duncan Middlemiss, President and CEO of Arizona Metals. "Results from hole 181 will be included in the upcoming mineral resource estimate for the Kay project, which remains on track for release this month." With 135,000 m drilled so far, the company is fully funded to deliver a new mineral resource estimate this month and a PEA in the second half of 2025. Back in May, Fuerte Metals Corp. (TSXV: FMT) (OTCQB: FUEMF) reported drill results from the Los Ingleses vein at its Cristina Project in Chihuahua, headlined by 10.3 g/t AuEq over 2.4 m within a broader 10.5 m zone grading 2.6 g/t AuEq. A second standout hole returned 0.7 g/t AuEq over 95 m that hosts narrower highs of 7.0 g/t AuEq over 1.4 m and 5.6 g/t AuEq over 3.6 m, underscoring open-pit and underground potential. "Almost every hole drilled to date on the Los Ingleses vein system has encountered very wide, lower-grade intercepts with the widest intercept within 50-100 m of surface, making them excellent candidates for open pit mining," said Tim Warman, CEO of Fuerte. "These wider intercepts typically host one or more narrower, high-grade zones that are in a gold rich area and likely continue at depth. Only a fraction of the Los Ingleses vein system has been drill tested for inclusion in a resource level evaluation." With 50 holes now completed (13,755 m), the company is building an updated geologic model ahead of a resource estimate later this year. After reviewing several bids, U.S. Gold Corp. (NASDAQ: USAU) recently chose Micon-Halyard to create a detailed, "bank-ready" plan for its CK Gold Project in southeast Wyoming. The work will sharpen cost estimates and spell out how the ore will be milled and how filtered tailings will be stored—key steps that follow up on February's prefeasibility study. The finished plan, expected late 2025, will give the company the numbers it needs to secure permits, line up financing, and decide when to start construction. CONTACT: Equity Insider [email protected] (604) 265-2873 DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed for media corp, who has been paid a fee for an advertising contract with RUA Gold Inc. (forty five thousand dollars Canadian for a three month contract subject to the terms and conditions of the agreement from the company direct). MIQ has not been paid a fee for RUA Gold Inc. advertising or digital media, but the owner/operators of MIQ also co-owns Media Corp. ("BAY") There may also be 3rd parties who may have shares of RUA Gold Inc. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ/BAY does not own any shares of RUA Gold Inc. but reserve the right to buy and sell, and will buy and sell shares of RUA Gold Inc. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of BAY has been approved by RUA Gold Inc. Technical information relating to RUA GOLD Inc. has been reviewed and approved by Simon Henderson, CP, AUSIMM, a Qualified Person as defined by National Instrument 43-101. Mr. Henderson is Chief Operational Officer of RUA GOLD Inc., and therefore is not independent of the Company; this is a paid advertisement, we currently do not own any shares of RUA Gold Inc. but will likely buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
Cision Canada
23 minutes ago
- Cision Canada
With Gold Near All-Time Highs, Miners Shift into Execution Mode
Issued on behalf of Lake Victoria Gold Ltd. VANCOUVER, BC, June 26, 2025 /CNW/ -- Equity Insider News Commentary – Major banks continue to amplify the gold bulls, with the most recent bullish forecast coming from Bank of America. And instead of pointing towards mounting geopolitical tensions, BoA is pinning its $4,000/oz gold forecast on US debt concerns, not war. Just as gold crossed over $3,400 per ounce again, Commerzbank is another that sees gold's price rising more significantly soon. Several experts in the precious metals space can see gold hitting $4,000 within a year. Analysts are calling for a mining equities breakout, causing several gold stocks to attract more attention, including Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), ESGold Corp. (CSE: ESAU) (OTCQB: SEKZF), Freegold Ventures Limited (TSX: FVL) (OTCQX: FGOVF), Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF), and LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF). State Street Global Advisors maintains that gold remains a smart play, citing its enduring appeal and upside potential. Meanwhile, analysts at Jefferies argue the sector is still mispriced, with many gold stocks trading as if bullion were capped at $2,500 per ounce —despite the metal hovering much higher. Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) is accelerating its push toward potential near-term production with the launch of a 7,750-meter drill program at Area C, the highest-grade zone within its fully permitted Imwelo Gold Project in northwestern Tanzania. Designed to support final mine planning and de-risk initial pit design, the campaign targets both grade control and deeper extensions to help shape what could become the project's first open-pit operation. "We've designed this program to maximize Imwelo's short-term production readiness while extending the upside case," said Marc Cernovitch, President and CEO of Lake Victoria Gold. "The drill data will help us finalize early mine scheduling, validate pit design, and potentially unlock high-grade extensions. With Area C now fully defined as our initial production zone, we're making meaningful progress toward becoming Tanzania's next gold producer." The program includes 3,750 meters of RC drilling on a tightly spaced 10x10 metre grid to define early-stage ore/waste boundaries, supported by another 4,000 meters of strike and depth extension drilling. Intercepts to date from Area C include 6.8 meters at 14.6 g/t gold and 2 meters at 7.5 g/t—results that have positioned it as a compelling starting point within the broader resource footprint. Completion is targeted for Q3 2025, with construction decisions expected to follow based on final engineering and economic evaluations. "We've optimized this program to deliver multiple layers of value—from detailed grade control to geotech validation and deeper exploration," said Seth Dickinson, P. Eng., Chief Operating Officer of Lake Victoria Gold. "The step-out and depth targets are especially compelling given the structural complexity we've seen to the west. The team is focused on accelerating toward a clean construction start with maximum technical confidence." Imwelo is located just 12 kilometers from AngloGold Ashanti's Geita Mine and sits atop the Geita Greenstone Belt, one of Tanzania's most productive gold terrains. The project holds a 10-year mining license and is backed by a 2021 prefeasibility study outlining a scalable, low-capex development plan. With recoveries above 90% and contractor support from Taifa Mining —Tanzania's largest mining services group—the company is now advancing preparations to support a potential construction decision. In parallel, Lake Victoria Gold continues to advance its high-priority Tembo Project, where a 3,000-meter drill program is planned at Ngula 1. This near-surface target has returned past intercepts of 28.57 g/t gold over 3 meters and 17.23 g/t over 4 meters. The current work is focused on confirming toll-milling potential while expanding geological understanding across the broader structural corridor—located adjacent to Barrick's Bulyanhulu Mine. Barrick's Bulyanhulu (Buly) joint venture is quietly building shareholder exposure to potential long-term upside. Barrick and its partner (the Government of Tanzania) have now completed over 21,600 meters of drilling across six non-core licenses acquired from LVG in 2021—having already spent more than US$5.56 million out of a US$9 million commitment. This is all part of Buly's commitment that was made as part of the Asset Purchase Agreement (APA) signed in December 2021, under which Buly acquired six non-core prospecting licenses from LVG. In addition to the US$6M upfront consideration received, LVG retains exposure to future exploration success through contingent payments of up to US$45 million tied to gold discoveries on the Project. To support its near-term pathway, Lake Victoria Gold has signed a non-binding LOI with Nyati Resources for potential toll milling at Nyati's nearby 120-tpd processing plant. A new 500-tpd facility is expected to come online in the months ahead. Third-party firm Nesch Mintech Tanzania has been brought in to assess the plant's performance and technical readiness, and to help outline any modifications needed to support production. Tembo's current 45-hole RC campaign at Ngula 1 is targeting near-surface gold zones with toll-milling potential, building on historical intercepts like 28.57 g/t gold over 3 meters and 17.23 g/t over 4 meters. By focusing on shallow targets first, LVG is aiming to establish early production optionality while advancing structural understanding of a district-scale system. To support its development strategy, LVG has secured a gold prepay agreement with Monetary Metals tied to up to 7,000 ounces of future output, alongside a recent C$3.52 million equity investment from Taifa Group —part of a three-tranche investment set to total C$11.52 million. With field activity ramping up at both projects and financing structures in place, LVG continues to execute on a phased growth model in one of Africa's most prospective gold belts. In other industry developments and happenings in the market include: ESGold Corp. (CSE: ESAU) (OTCQB: SEKZF) has secured $3.3 million in financing to support its transition into near-term gold production at the fully permitted Montauban Project in Quebec. The private placement drew continued support from key insiders and new participation from New York–based hedge funds and family offices. "This financing marks a critical milestone for ESGold," said Paul Mastantuono, CEO of ESGold. "With construction now underway, we are entering the final stages before initiating production. Together with our partners, we are building ESGold into Canada's next producing mining company." With construction underway, the company expects to enter final-stage development in the months ahead. Freegold Ventures Limited (TSX: FVL) (OTCQX: FGOVF) recently achieved gold recoveries over 90% using BIOX®, POX, and Albion Process™ methods as part of its ongoing metallurgical program at the Golden Summit Project in Alaska. These findings are being integrated into a new pre-feasibility study aimed at boosting recoveries beyond the 72% benchmark from the 2024 resource model. The company is also advancing a 30,000-meter drill program designed to upgrade resources and support engineering work. A revised mineral resource estimate is expected in the near term. Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF) has intersected multiple new shear-hosted gold zones as part of its 20,000-meter drill program at the Moss Gold Project in Ontario. Highlights include 17.7 meters of 1.52 g/t Au and 6.85 meters of 3.01 g/t Au from the Superion zone, extending mineralization west of the QES zone. "We believe the definition of these new mineralized zones clearly demonstrates the emerging nature of the deposit as we continue to expand mineralization," said Michael Henrichsen, CEO of Goldshore. "In addition, the higher-than-average resource grades that have been encountered thus far on the northern side of the pit are very encouraging and will be a focus for additional drilling in the future, as we look to define a near surface high-grade zone that could be accretive to the economic performance of the deposit." The company views these discoveries as potentially accretive to the economics of its existing conceptual pit model. LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) is advancing toward restarting operations at its fully permitted 750 tpd Beacon Gold Mill in Val-d'Or, Québec, following over C$20 million in prior refurbishments. "We are grateful to have acquired the fully permitted and refurbished Beacon Gold Mill, which received over C$20 million in upgrades by its previous operator and is located in the midst of numerous gold deposits in the historic Val-d'Or and Rouyn-Noranda mining districts, including our own Swanson Gold Deposit," said Paul Ténière, CEO of LaFleur Minerals. "With gold prices at record highs this is a pivotal year for LaFleur Minerals as we focus on restarting gold production at the Beacon Gold Mill and diamond drilling at the Swanson Gold Project to increase mineral resources." The company is also preparing a 5,000-metre drill program and up to 100,000-tonne bulk sample at its district-scale Swanson Gold Project, which hosts over 185,000 ounces of Indicated and Inferred gold resources. A PEA is underway to evaluate a near-term mining and milling scenario at record gold prices. DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed for media corp, who has been paid a fee for an advertising from a shareholder of the Company (333,333 unrestricted shares). MIQ has not been paid a fee for Lake Victoria Gold Ltd. advertising or digital media, but the owner/operators of MIQ also co-owns Media Corp. ("BAY") There may also be 3rd parties who may have shares of Lake Victoria Gold Ltd. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ/BAY own shares of Lake Victoria Gold Ltd and reserve the right to buy and sell, and will buy and sell shares of Lake Victoria Gold Ltd. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of BAY has been approved by Lake Victoria Gold Ltd. Technical information relating to Lake Victoria Gold Ltd. has been reviewed and approved by David Scott, Pr. Sci. Nat., a Qualified Person as defined by National Instrument 43-101. Mr. Scott is a registered member of the South African Council for Natural Scientific Professions (SACNASP) and is a Director of Lake Victoria Gold Ltd., and therefore is not independent of the Company; this is a paid advertisement, we currently own shares of Lake Victoria Gold Ltd. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
Cision Canada
an hour ago
- Cision Canada
Jim Balsillie donates additional $5 million to Laurier and the Balsillie School to establish Digital Governance Initiative and bolster Canada's productivity
Transformative investment will strengthen Canada's capacity in law, digital sovereignty, trade and technology governance WATERLOO, ON, June 26, 2025 /CNW/ - In an era of escalating digital disruptions threatening national sovereignty and economic resilience, Jim Balsillie, Canadian entrepreneur and philanthropist, is making a $5 million investment in Wilfrid Laurier University and the Balsillie School of International Affairs to launch the urgently needed Digital Governance Initiative. The new Digital Governance Initiative is a bold and comprehensive response to Canada's need to shape policy and increase productivity amid growing threats to sovereignty and security. The initiative features a made-in-Canada legal advisory centre for international trade and technology governance and cutting-edge professional training programs, including a proposed graduate degree with an innovative focus on law, digital sovereignty and global technology governance. The gift follows an earlier $5 million donation from Balsillie to create the Technology Governance program at the Balsillie School. This transformative gift dramatically expands Canada's capacity-building for innovation and productivity economies. "Canada's economic prosperity, national security and human rights depend on whether we shape the rules of the digital economy—or become passive bystanders," said Balsillie. "The changing nature of international trade agreements, particularly around intangible assets like artificial intelligence, data and intellectual property, is complex and technical, and building capacity here is essential." With programs ranging from executive education to specialized graduate studies, the Digital Governance Initiative addresses pressing global technology governance challenges, empowering current and future business and government leaders to strategically navigate complex digital landscapes. The legal advisory centre bridges critical policy gaps, providing guidance to both capitalize on opportunities and counter threats posed by new international digital frameworks. "As geopolitical dynamics and digital disruption reshape the global economy, Canada must lead with innovation-driven governance," said Wilfrid Laurier University's President and Vice-Chancellor, Deborah MacLatchy. "Jim Balsillie's visionary support underscores the power of universities to cultivate agile leaders capable of turning digital risks into national opportunities." The initiative champions a uniquely Canadian approach to assertively protecting the country's digital sovereignty – one that is grounded in democratic inclusivity, accountability, reliability and transparency. "We cannot afford to lag, it's Canada's time to lead and universities have a role to play," said Director of the Balsillie School of International Affairs, Ann Fitz-Gerald. "Innovation without governance leaves us vulnerable; governance without innovation stagnates progress. Jim Balsillie's investment ensures that we are educating current and future leaders to excel at both, safeguarding our nation's future in an increasingly complex digital world." With its first executive programs launching in July, the Digital Governance Initiative will strategically position Canada as an authoritative leader in digital governance.
