Latest news with #ALE
Cision Canada
23-07-2025
- Business
- Cision Canada
Argentina Lithium Enters into Amendment to Previously Executed Paso de Sico Option Agreement
VANCOUVER, BC, July 23, 2025 /CNW/ - Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTCQB: LILIF), ("Argentina Lithium" or the"Company") is pleased to announce that it has entered into an amendment to a previously announced option agreement (the " Amendment"). The Amendment modifies the payment schedule and establishes the value of shares the Company is obligated to issue pursuant to the exercise of the option under the option agreement. On September 20, 2022, Argentina Litio Y Energia S.A., a wholly owned subsidiary of the Company (" ALE"), entered into an option agreement (the " Paso de Sico Option Agreement") with nine individual optionors (the " Paso de Sico Optionors" and, together with ALE, the " Paso de Sico Parties"). The Paso de Sico Option Agreement contains an option for ALE to acquire a 100% interest in four contiguous mine concessions totaling 791.3 hectares at the Salar de Rincon from the Paso de Sico Optionors (the " Paso de Sico Option"). To exercise the Paso de Sico Option, ALE must make cash payments to the Paso de Sico Optionors totaling US$1,500,000 paid over three years. On March 25, 2025, the Paso de Sico Parties entered into a second addendum to the Paso de Sico Agreement (the " Second Addendum") amending the due date of the fifth and final cash payment of US$418,000 from March 31, 2025 to September 30, 2025 in exchange for ALE agreeing to pay the Paso de Sico Optionors an additional US$41,800 extension fee (the " Extension Fee"). Subject to the approval of the TSX-V and pursuant to the terms of the Amendment, the Company intends to pay the Extension Fee by issuing an aggregate of 995,954 shares of the Company to the Paso de Sico Optionors at a price of $0.06 per share using the Bank of Canada exchange rate of 1.4296 (USD/CAD) as at March 25, 2025, being the date of the Second Addendum. About Argentina Lithium Argentina Lithium & Energy Corp is focused on acquiring high quality lithium projects in Argentina and advancing them towards production in order to meet the growing global demand from the battery sector. The Company's strategic investment by Peugeot Citroen Argentina S.A., a subsidiary of Stellantis N.V., one of the world's leading automakers, places Argentina Lithium in a unique position to explore, develop and advance its four key projects covering over 70,000 hectares in the Lithium Triangle of Argentina. Management has a long history of success in the resource sector of Argentina and has assembled some of the most prospective lithium properties in the world renowned "Lithium Triangle". The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993. ON BEHALF OF THE BOARD "Nikolaos Cacos" _______________________________ Nikolaos Cacos, President, CEO and Director For further information, please contact: Corporate Communications Tel: 1-604-687-1828 Toll-Free: 1-800-901-0058 Email: [email protected] Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains certain statements and information that may be considered "forward-looking statements" and "forward-looking information" within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements and forward-looking information can be identified by the use of forward-looking terminology such as "plans", "targets", "expects" or "does not expect", "is expected", "an opportunity exists", "is positioned", "estimates", "intends", "assumes", "anticipates" or "does not anticipate" or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "will" or "will be taken", "occur" or "be achieved" and other similar expressions. In addition, statements in this news release that are not historical facts are forward looking statements, including, without limitation, the Company's expectation that it will meet the requirements of the TSX Venture Exchange necessary to issue shares pursuant to the Amelia Option Agreement and the Paso de Sico Option Agreement and the Company's business strategy, plans and outlooks. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include: the risk that the necessary regulatory approvals will not be obtained, including the approval of the Exchange; risks associated with the business of the Company; business and economic conditions in the mining industry generally; and other risk factors as detailed from time to time in the Company's continuous disclosure documents filed with Canadian securities regulators. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
Techday NZ
23-06-2025
- Business
- Techday NZ
Alcatel-Lucent Enterprise adds PROFINET to boost IT-OT unity
Alcatel-Lucent Enterprise has launched PROFINET protocol support as part of its latest AOS 8.10R3 software update for industrial networks. PROFINET is recognised as a widely adopted industrial protocol, enabling real-time and deterministic communication between components such as sensors, controllers, and central systems within factories and critical infrastructure. The protocol is a key enabler in sectors such as factory automation, transportation, energy, and utilities, where low latency and high reliability are essential. The introduction of PROFINET support allows native operation over industrial Ethernet, eliminating the need for external gateways. According to the company, this reduces the complexity often seen in managing hybrid IT and operational technology (OT) networks. Customers are expected to benefit from a unified and converged infrastructure, with centralised policy enforcement and management via the OmniVista platform. The new capabilities also offer high availability, which is necessary for always-on, mission-critical operations. Furthermore, the update facilitates a smoother progression to Industry 4.0, allowing for simultaneous support of both industrial and enterprise protocols within the same network infrastructure. IT-OT convergence Alcatel-Lucent Enterprise has described this update as being in line with its ongoing vision for IT-OT convergence, aiming to deliver an architecture—supported by OmniFabric—that reliably and securely links people, applications, objects, and business processes. "With PROFINET support now available on the OmniSwitch 6465 Industrial Ethernet Switch, ALE enables industrial networks to benefit from enterprise-class switches with centralized management, advanced segmentation, security and real-time visibility," Henrique Amaro, Business Line Manager Network - Transportation, Energy & Utilities at Alcatel-Lucent Enterprise, stated. The company stated that the addition of PROFINET into its industrial switch range is intended to strengthen its position in serving industrial and critical infrastructure sectors. Such sectors include smart manufacturing, automated railways, intelligent energy grids, and urban mobility systems, all of which are increasingly looking to combine IT and OT assets for enhanced operational efficiency. Sector needs The announcement highlights a broader trend among industrial operators towards greater integration of IT and OT. The new software aims to provide ALE customers with the ability to manage complex, mixed environments through a single management interface, enabling adherence to both enterprise and operational requirements. Customers should be able to implement policy controls centrally, ensuring compliance and improving both oversight and standardisation across different systems and processes. In sectors where downtime or data loss can lead to significant disruptions, the high-availability features of the AOS 8.10R3 update are expected to be particularly relevant. Positioning for modernization By bringing PROFINET support to its portfolio and aligning with industry standards, Alcatel-Lucent Enterprise continues its emphasis on providing secure networking and communication solutions to organisations that are pursuing greater digitalisation and operational efficiency in demanding environments. All ALE solutions are designed with built-in security, minimal environmental impact, and full compliance with national data sovereignty regulations and international industry standards for data protection. Guided by its three core pillars—environmental sustainability, social responsibility, and corporate governance—ALE delivers technology that benefits the environment, people, and businesses alike. With over a century of innovation, ALE has earned the trust of more than one million customers globally. Headquartered in France and supported by a network of 3,400 business partners, the company combines worldwide reach with strong local presence.
Techday NZ
17-06-2025
- Business
- Techday NZ
Alcatel-Lucent Enterprise & Versa boost secure network access
Alcatel-Lucent Enterprise has expanded its partnership with Versa to enhance cybersecurity solutions for enterprise customers with Zero Trust Network Access capabilities. The new phase of collaboration will see Alcatel-Lucent Enterprise (ALE) offer an extended range of Versa's solutions, including Secure SD-WAN and Zero Trust Network Access (ZTNA), to complement ALE's existing LAN and WLAN network access control offerings. This expanded approach is aimed at addressing a wider spectrum of secure connectivity needs for contemporary enterprises. Versa, which provides AI-powered security solutions and is active globally in Secure Access Service Edge (SASE) technologies, brings its full SASE capabilities and in particular Secure SD-WAN, to ALE's portfolio. By integrating these technologies, ALE aims to deliver support for organisations with complex and diverse networking environments. According to the companies, customers will benefit from greater flexibility in deployment models, improved scalability, and enhanced management features for network security and operations. Expanded scope The partnership is intended to address the needs of organisations operating at scale, including those managing multiple sites or distributed workforces. The integration of Versa's technologies with ALE's secure networking enables enterprises to adopt a unified approach to secure connectivity across different locations and network edges. Stephan Robineau, Executive Vice President of the Network Business Division at Alcatel-Lucent Enterprise, commented on the development: "We are thrilled to strengthen our collaboration with Versa, a recognized leader in SASE and SD-WAN technologies. Versa's innovative solutions align seamlessly with our commitment to provide high-performance and resilient networks, simplifying network operations and enhancing secure connectivity for enterprises and multi-site organizations. This partnership allows us to expand our portfolio and provide secure solutions that adapt to the evolving demands of modern enterprises." With the rapid evolution of IT landscapes and increased adoption of hybrid cloud and on-premises solutions, organisations have become more reliant on robust security and simpler network management. ALE's collaboration with Versa, a company recognised for self-protecting and AI-powered network solutions, is aimed at helping enterprises address these complexities and security requirements. Universal secure access Martin Mackay, Chief Revenue Officer at Versa, also provided his perspective: "Alcatel-Lucent Enterprise continues to be a leader in delivering transformational networking solutions to its customers in the cloud, on-premises, or as a hybrid model. As a SASE solutions leader, Versa is excited to work more closely with ALE to extend Zero Trust security to every edge for secure anywhere, anytime access for all users and devices, regardless of their location." The enhanced partnership will allow ALE to expand its support across cloud-based, on-premises, and hybrid deployment models, with particular attention to Zero Trust principles. Both companies emphasise the ability to cater to the growing demand for secure, scalable, and manageable network infrastructures, especially as remote and flexible work models become increasingly common. Focus areas ALE continues to focus on offering secure networking solutions that are compliant with national and international data protection requirements. The company's approach is structured around three pillars: Environment Sustainability, Social Responsibility, and Corporate Governance. Through these, ALE aims to develop technology solutions with minimal environmental impact and high compliance standards. Both ALE and Versa intend for their continued collaboration to provide value to customers in industries requiring robust security and reliable network performance. Follow us on: Share on:
Business Standard
27-05-2025
- Business
- Business Standard
Movate and Alcatel-Lucent Enterprise Forge Strategic Partnership to Accelerate AI-Powered Digital Transformation
PRNewswire London [UK], May 27: Movate, a global leader in digital technology and customer experience services, today announced a strategic partnership with Alcatel-Lucent Enterprise, a leading provider of secure networking and communication solutions enabling organizations and industries to accelerate their operational efficiencies and competitiveness. As ALE's chosen AI transformation partner, Movate will support the company's next phase of AI-led digital transformation, delivering innovative, high-impact experiences for ALE's global customer and partner ecosystem. At the forefront of this strategic partnership is the development of a next-generation GenAI platform, designed with scalability and security at its core. It will feature advanced analytics, unified data governance, and a modular architecture with continuous learning loops to drive intelligent automation and deliver measurable business impact for customers. By blending Movate's deep AI and digital experience expertise with ALE's robust technology portfolio, the partnership will accelerate innovation cycles and enable a more agile, experience-centric service model for ALE's customers. The alliance will also empower all of ALE's business units by equipping them with AI-powered tools and service frameworks, enabling faster go-to-market strategies and enhancing service delivery capabilities. "We are happy to deepen our long-standing collaboration with Alcatel-Lucent Enterprise as we embark on this transformative AI journey together," said Sunil Mittal, CEO at Movate. "By leveraging our combined expertise, we are well-positioned to co-innovate AI-driven solutions that enhance digital experiences, streamline operations, and drive sustainable growth across ALE's global ecosystem. This partnership underscores our ongoing commitment to innovation and service excellence." "This new chapter in our AI journey with Movate marks not only a leap in innovation but is testament to what's possible when two forward-thinking teams come together," said Rasheed Mohamad, Global Revenue and Operations Officer at Alcatel-Lucent Enterprise. "We're excited to shape the future -- smarter, faster, and efficiently. Together, we are unlocking new possibilities to transform digital experiences and deliver long-term value for our customers worldwide." Amardeep Juneja, Europe Head, Movate, said, "This partnership unites Movate's cutting-edge AI and digital innovation expertise with ALE's powerful networking and cloud infrastructure. Together, we're redefining digital experiences -- delivering intelligent, secure, and future-ready solutions that drive meaningful, long-term value for customers and partners globally." Joseph Peterle, Chief Procurement Officer at Alcatel-Lucent Enterprise, said , "We are happy to expand our partnership with Movate to develop new AI-driven solutions. This technology will further boost ALE's operational efficiency and set up the foundations for other new solutions to remain a leading company in the Enterprise Telecom market, delivering high-impact and high-quality experiences to our customers and partners." About Movate Movate is a digital technology and customer experience services company committed to disrupting the industry with boundless agility, human-centered innovation, and relentless focus on driving client outcomes. It helps ambitious, growth-oriented companies across industries stay ahead of the curve by leveraging its diverse talent of over 12,000 full-time Movators across 21 global locations and a gig network of thousands of technology experts across 60 countries, speaking over 100 languages. Movate has emerged as one of the most awarded and analyst-accredited companies in its revenue range. To know more, visit Follow Movate on LinkedIn, Facebook and Twitter. About Alcatel-Lucent Enterprise Alcatel-Lucent Enterprise provides secure networking and communication solutions which enable organizations and industries to accelerate their operational efficiencies and competitiveness. In the Cloud. On Premises. Hybrid. All solutions have built-in security, limited environmental impact and are fully compliant with data protection requirements of organizations and individuals at a national sovereignty and international industry level. Alcatel-Lucent Enterprise focuses on three pillars: Environment Sustainability, Social Responsibility, and Corporate Governance, providing technology solutions for the good of the environment, people, and business. Over 100 years of innovation have made the company a trusted advisor to more than a million customers across the world. With headquarters in France and 3,400 business partners worldwide, Alcatel-Lucent Enterprise achieves an effective global reach with a local focus. For more information, visit Photo: Photo: Photo: Photo: Logo: Logo:
Business Upturn
27-05-2025
- Business
- Business Upturn
Movate and Alcatel-Lucent Enterprise Forge Strategic Partnership to Accelerate AI-Powered Digital Transformation
LONDON , May 27, 2025 /PRNewswire/ — Movate, a global leader in digital technology and customer experience services, today announced a strategic partnership with Alcatel-Lucent Enterprise, a leading provider of secure networking and communication solutions enabling organizations and industries to accelerate their operational efficiencies and competitiveness. As ALE's chosen AI transformation partner, Movate will support the company's next phase of AI-led digital transformation, delivering innovative, high-impact experiences for ALE's global customer and partner ecosystem. At the forefront of this strategic partnership is the development of a next-generation GenAI platform, designed with scalability and security at its core. It will feature advanced analytics, unified data governance, and a modular architecture with continuous learning loops to drive intelligent automation and deliver measurable business impact for customers. By blending Movate's deep AI and digital experience expertise with ALE's robust technology portfolio, the partnership will accelerate innovation cycles and enable a more agile, experience-centric service model for ALE's customers. The alliance will also empower all of ALE's business units by equipping them with AI-powered tools and service frameworks, enabling faster go-to-market strategies and enhancing service delivery capabilities. 'We are happy to deepen our long-standing collaboration with Alcatel-Lucent Enterprise as we embark on this transformative AI journey together,' said Sunil Mittal , CEO at Movate. 'By leveraging our combined expertise, we are well-positioned to co-innovate AI-driven solutions that enhance digital experiences, streamline operations, and drive sustainable growth across ALE's global ecosystem. This partnership underscores our ongoing commitment to innovation and service excellence.' 'This new chapter in our AI journey with Movate marks not only a leap in innovation but is testament to what's possible when two forward-thinking teams come together,' said Rasheed Mohamad , Global Revenue and Operations Officer at Alcatel-Lucent Enterprise. 'We're excited to shape the future — smarter, faster, and efficiently. Together, we are unlocking new possibilities to transform digital experiences and deliver long-term value for our customers worldwide.' Amardeep Juneja , Europe Head, Movate, said, 'This partnership unites Movate's cutting-edge AI and digital innovation expertise with ALE's powerful networking and cloud infrastructure. Together, we're redefining digital experiences — delivering intelligent, secure, and future-ready solutions that drive meaningful, long-term value for customers and partners globally.' Joseph Peterle , Chief Procurement Officer at Alcatel-Lucent Enterprise, said, 'We are happy to expand our partnership with Movate to develop new AI-driven solutions. This technology will further boost ALE's operational efficiency and set up the foundations for other new solutions to remain a leading company in the Enterprise Telecom market, delivering high-impact and high-quality experiences to our customers and partners.' About Movate Movate is a digital technology and customer experience services company committed to disrupting the industry with boundless agility, human-centered innovation, and relentless focus on driving client outcomes. It helps ambitious, growth-oriented companies across industries stay ahead of the curve by leveraging its diverse talent of over 12,000 full-time Movators across 21 global locations and a gig network of thousands of technology experts across 60 countries, speaking over 100 languages. Movate has emerged as one of the most awarded and analyst-accredited companies in its revenue range. To know more, visit Follow Movate on LinkedIn, Facebook and Twitter. About Alcatel-Lucent Enterprise Alcatel-Lucent Enterprise provides secure networking and communication solutions which enable organizations and industries to accelerate their operational efficiencies and competitiveness. In the Cloud. On Premises. Hybrid. All solutions have built-in security, limited environmental impact and are fully compliant with data protection requirements of organizations and individuals at a national sovereignty and international industry level. Alcatel-Lucent Enterprise focuses on three pillars: Environment Sustainability, Social Responsibility, and Corporate Governance, providing technology solutions for the good of the environment, people, and business. Over 100 years of innovation have made the company a trusted advisor to more than a million customers across the world. With headquarters in France and 3,400 business partners worldwide, Alcatel-Lucent Enterprise achieves an effective global reach with a local focus. For more information, visit Photo: Logo:
