Latest news with #Ananth
Cision Canada
24-07-2025
- Business
- Cision Canada
SIMPLY SOLVENTLESS ANNOUNCES APPOINTMENT OF ANANTH KRISHNAN TO THE POSITION OF CHIEF FINANCIAL OFFICER
CALGARY, AB, /CNW/ - Simply Solventless Concentrates Ltd. (TSXV: HASH) (" SSC") is pleased to announce that Mr. Ananth Krishnan has been appointed to the position of Chief Financial Officer of SSC, effective August 25, 2025. Ananth brings to SSC over twenty years of experience in investment banking, investment management, financial planning & management, investor relations, strategy, corporate development, commercial negotiations, and cannabis operations. Prior to joining SSC, Ananth served as Vice President, Strategy & Corporate Development with Aurora Cannabis Inc. (" Aurora"). During his six years with Aurora, Ananth led Aurora's capital raising efforts, executed numerous M&A transactions, and played a pivotal role in the company's rapid growth, international expansion, and capital structure management. Ananth was part of a core Aurora leadership team that planned and executed on a strategic business transformation that saw Aurora emerge as the global leader in medical cannabis, with a strong balance sheet, and industry leading EBITDA and free cash flow generation. Ananth began his career in investment banking at Canadian bank-owned dealers where he gained valuable capital markets and transaction experience. Since leaving investment banking, Ananth has held progressively senior finance positions in portfolio management and private equity, where he sourced, evaluated, and executed value focused acquisition opportunities across a variety of industries. Ananth is a Chartered Financial Analyst and holds a Bachelor of Commerce degree from the University of Calgary. Jeff Swainson, President & CEO of SSC, stated: "Ananth is a respected leader with deep and meaningful experience, and we are honoured that he made the decision to join SSC. We are executing a transformational business plan, having expanded revenue from $7.0 million in 2023 to nearly $50.0 million annualized in Q1 2025, and we believe that we are positioned to become a true leader in the cannabis industry through continued operational execution and industry consolidation. Successfully executing on this mandate requires exceptionally talented leaders, and Ananth's unique experience, combined with his exceptional reputation and talent, will contribute greatly to executing on this plan. Ananth is a believer in SSC, and we believe that he will play a significant role in building SSC, and in creating meaningful value for our shareholders. From our entire team, welcome aboard, Ananth!". In conjunction with his appointment, Ananth has been granted a total of 1,250,000 stock options of SSC at an exercise price of $.29 per share. The options expire after five years and vest 1/3 on the date of grant, 1/3 on the first anniversary of the grant, and 1/3 on the second anniversary of the grant. The appointment of Ananth and the option grant remains subject to the final approval of the TSXV. About Simply Solventless Concentrates Ltd. SSC is a public company incorporated under the Business Corporations Act (Alberta). SSC's mission is to provide pure, potent, terpene-rich ready to consume cannabis products to discerning cannabis consumers. For more information regarding SSC, please see Notice on Forward Looking Information This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable securities laws. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "will", "estimates", "believes", "intends", "expects", "projected", "approximately" and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this press release contains forward looking statements concerning SSC's expected results for Q1 2025, continued organic revenue growth, the continued synergies expected from integrating CannMart Inc., ANC, and Humble into SSC's operations, capitalizing on SSC's business plan and SSC's expected growth, results of operations and performance. SSC cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of SSC, including expectations and assumptions concerning SSC, the timing and market acceptance of products, competition in SSC's markets, SSC's reliance on customers, fluctuations in interest rates, SSC's ability to maintain good relations with its customers, employees and other stakeholders, changes in law or regulations, SSC's ability to protect its intellectual property, as well as other risks and uncertainties, including those described in SSC's filings available on SEDAR+ at The reader is cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of SSC. The reader is cautioned not to place undue reliance on any forward-looking statements. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release are made as of the date of this press release, and SSC does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law. Future Oriented Financial Information This press release contains future-oriented financial information and financial outlook information (collectively, "FOFI") about gross revenue, adjusted EBITDA and NNI of SSC, which are subject to the same assumptions, risk factors, limitations and qualifications as set forth in the above paragraphs. FOFI contained in this document was approved by management as of the date of this document and was provided for the purpose of providing further information about SSC's future business operations. SSC and its management believe that FOFI has been prepared on a reasonable basis, reflecting management's best estimates and judgments, and represent, to the best of management's knowledge and opinion, SSC's expected course of action. However, because this information is highly subjective, it should not be relied on as necessarily indicative of future results. SSC disclaims any intention or obligation to update or revise any FOFI contained in this document, whether as a result of new information, future events or otherwise, unless required pursuant to applicable law. Readers are cautioned that the FOFI contained in this document should not be used for purposes other than for which it is disclosed herein. Differences in the timing of capital expenditures or revenues and variances in production estimates can have a significant impact on the key performance measures included in SSC's guidance. SSC's actual results may differ materially from these estimates. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction. Neither 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. SOURCE Simply Solventless Concentrates Ltd.
Otago Daily Times
03-07-2025
- Business
- Otago Daily Times
Woman with $70k student loan debt too afraid to return
By Bella Craig of RNZ A former IRD prosecutor is calling for changes to the student loan system so that Kiwis living overseas aren't put off coming home because they're worried about being arrested at the border. In April, interest rates for overseas borrowers were lifted from 3.9 percent to 4.9 percent and the late payment interest rate for all borrowers to 8.9 percent. Tax barrister Dave Ananth said this was putting people off returning to New Zealand at a time we should be encouraging skilled people to come home. A pilot who's been living in Australia for over 10 years has racked up a whopping $170,000 in student loan debt, most of it being interest. After completing his training in 2014 he struggled to find work in Aotearoa, so he headed across the ditch, where he worked as a commercial pilot for six years. When the Covid-19 pandemic hit and overseas travel all but ground to a halt, he was forced to take a low-paying job in a storage warehouse meaning he struggled to meet his loan payments. The pilot, whom Checkpoint has agreed not to name, has since resumed flying for a regional carrier, but worried about an uncertain job market and whether he'd ever pay off his loan. "This loan becomes an ongoing - it becomes a burden and it's not the fact the size of it. There's just no pathway forward as it currently stands." Checkpoint's also spoken to a woman who was unable to come home to see her sick mother as she was scared she'd be arrested at the border. When she moved to the United States 20 years ago, her student loan debt was around $15,000. That had ballooned to close to $70,000. "When they told me how much penalty fees that I had and that was 10 years ago when I first found out about the penalty fees and that was more than my initial student loan and interest combined, I just was deflated." She received emails from IRD threatening legal action if she didn't pay, but she said she couldn't afford it. "You may think, 'oh no, I'm just going to go to a different country and make all my money there'. "But at some point, in time, when you're older, you're going to want to go back to your roots and see family and friends. I just screwed that up for myself. "Just don't get yourself in this situation like so many of us have where you can't even go home and see family when they're ill. "I've been petrified something's going to happen to my mum and she's going to pass away and I'm not even going to be able to go there." After getting legal help from Ananth, IRD agreed to wipe the penalty fees so she now need only pay the original $15,000 loan and interest. Ananth, who's a tax barrister with the law firm Stace Hammond, agreed there should be penalties for failure to pay but said these should be looked at on a case-by-case basis. "A lot of them are telling me I've not heard from IRD for the last 10 years, but IRD's perspective is it's your obligation, you should contact. "[It's] that sort of 'Who should contact? I'm away, you haven't rung me, there was no emails', that sort of thing. I think both sides need to come to the table." He also wanted better communication between IRD and the student debtor. "There should be a bit of leeway to say, 'Hey, okay you come in, but come back and talk to us and see whether a hardship application can be made, whether you can pay a few $100 for a start and then we can see how you go'." "For a lot of them because the loan has been taken, 15, 20 years ago they've got their head buried in the sand, they don't want to deal with it. So, it creates a lot of anxiety, creates mental stress for a lot of people." In the year to March, there were about 80,000 overseas-based student loan borrowers with overdue repayments - that's an increase of 10 percent on the year before. In total they owed $2.3 billion. Ananth said many people had found the grass wasn't greener overseas. "Everyone doesn't go overseas straight away and then lands in this cushy, $200,000, $300,000 job." He said people working in healthcare, technology, and engineering should be prioritised to help plug gaps in the job market here. Inland Revenue said between January 23 and February 7 this year they had emailed 3502 borrowers with overdue repayments telling them they're being monitored, and that enforcement may be taken against them. That could include being arrested at the New Zealand border. But it said border arrests were a last resort, and it would work with people before taking legal action. One borrower in default had been arrested in the past year. IRD said it could consider remission of late payment interest, but on a case-by-case basis. It said borrowers often did not update their contact details when overseas making it harder for the department to contact them. The student loan base interest rate was increased by one percent in the 2024 Budget and was intended to partially cover the loss in value of the scheme due to recent high inflation. IRD did not set the student loan interest or late payment interest rates. "Student loan interest that has been correctly charged on overseas based borrowers student loan accounts cannot be written off under current legislation, nor can Inland Revenue accept any agreement that voids a borrower's liability to repay this. "We always encourage student loan borrowers to contact us directly to discuss their situation. There is no need to engage the services of a lawyer."
Hans India
22-06-2025
- Hans India
10-year-old boy electrocuted; BBMP officials booked
Bengaluru: An FIR has been registered against Bruhat Bengaluru Mahanagara Palike (BBMP) and the Bangalore Electricity Supply Company Limited (BESCOM) officials in connection with the death of a 10-year-old boy due to electrocution in K R Puram area here, police said on Saturday. The incident occurred on June 15 when Ananth, a native of Nepal, while playing with a broom on the third-floor of his rented accommodation, came into contact with a high-tension wire, they said. According to the police, the boy was alone at home in Swatantra Nagar when the incident occurred. His mother, a house help was at work at that time. Following the incident, neighbours who heard the boy's screams rushed him to KR Puram government hospital and later he was shifted to the burns ward at Victoria Hospital for advanced treatment. He succumbed to injuries on Friday during the course of treatment, a senior police officer said. Based on the victim's mother's complaint, we have registered a case against the building owner, BBMP and BESCOM officials under section 106 (causing death by negligence) of the Bharatiya Nyaya Sanhita Act, he added.
New Indian Express
04-06-2025
- Entertainment
- New Indian Express
Ananth Subramaniam: Tamils have a culture of acceptance
The idea behind Pride Month lies in rebellion. The first Pride march was held in June 1970, one year after the Stonewall Riots in New York. For filmmaker Ananth Subramaniam, who believes telling the stories of the underdogs is important, the recognition for his recent film, Bleat! (Kattu! in Tamil), was a shot in the arm. The film won the Queer Palm at the 2025 Cannes Film Festival. 'My interest in cinema is passed down from my parents,' says Ananth, who studied architecture for his undergraduate studies in Malaysia. It was in Malaysia that he had the opportunity to make documentaries, albeit in an amateurish manner. Shifting his focus to short films proved to be a better decision. Liar Land, one of his short films, received a special mention in the Locarno Film Festival. His other short film, The House of Brick and Stone, premiered at the Fantasia Festival, which was held in Montreal, Canada. Ananth considers Bleat! as a personal test, especially since he moved out of his comfort zone. 'I was previously making films in Malay. So I wanted to see if making a film in Tamil would work for me,' says Ananth. In Bleat!, an old couple realise that their ceremonial goat, which they thought was a male, is actually pregnant. Talking about the queer elements in Bleat!, Ananth says, 'There is a rigid demeanour to the couple. They represent the conservative ideals you find in parents, with the goat representing a queer child. Queerness comes with finding your identity. It is about the freedom to be who you want to be. Beyond a person's sexual preferences, it is about a queer person's feelings and their quest to find their place in the world. So even though we are confronted with the woes of the couple in Bleat!, the film is about the community around the couple and its reaction to the change in the gender of the goat.'
Hype Malaysia
26-05-2025
- Entertainment
- Hype Malaysia
Malaysian Short Film 'Bleat!' Wins Queer Palm Award At Cannes Film Festival 2025
Earlier in April, the Malaysian-Tamil short film 'Bleat! (கத்து!)' made history as the first Malaysian short film to compete in the Critics' Week section at the Cannes Film Festival. A month later, the project achieved another milestone after it won the Queer Palm Award. 'Bleat!' is a Malaysian-French-Filipino comedic drama short film directed and written by Malaysian filmmaker Ananth Subramaniam. The movie tells the story of an elderly Malaysian-Tamil couple who discovers their male goat is pregnant. As the goat was raised for a ceremonial slaughter, the couple faces the dilemma of proceeding with the ritual or risking divine consequences. On 24th May 2025, the 2025 Cannes Film Festival closed out and awarded the winning movies of the year. 'Bleat!' won the Queer Palm award under the short film category, making history as the first Malaysian short film to win the award. The Queer Palm is an independently sponsored prize for selected LGBT-relevant films in the Cannes Film Festival. The award recognises films for their treatment of LGBT themes. Upon winning the award, Director Ananth Subramaniam shared a touching speech with the crowd. He said, ' There are some in the older generation who are so oblivious to change. Even when the change hits them right in the face, they feel the need to ignore it. But tonight, in this space, among you, I feel the opposite. I feel seen. I feel our stories are being heard, our truths acknowledged, and our joys celebrated.' Ananth's speech continues, 'Bleat! was born out of defiance, but it grew in tenderness. It's a film about the voice that breaks the silence, even when it trembles. About bodies that don't conform but still dance. About queerness not just as identity, but as resistance and reinvention.' Ending his speech, he said, 'To the Queer Palm jury — thank you for holding space for films that don't ask for permission. And to the older generation, may you someday listen, not to correct, but to understand.' The comments were filled with congratulations from local and international movie buffs. We would also like to congratulate Ananth and the 'Bleat!' team for their historic win. May this be the first award of many to come! Check out the official trailer for 'Bleat!' below: Sources: China Press, Instagram (1)(2)
