Latest news with #BrianDalton
Business Wire
23-07-2025
- Business
- Business Wire
Altius Completes Sale of 2/3 of its Silicon Gold 1.5% NSR to Franco-Nevada
ST. JOHN'S, Newfoundland and Labrador--(BUSINESS WIRE)-- Altius Minerals Corporation (TSX: ALS) (OTCQX: ATUSF) Altius Minerals Corporation ('Altius') is pleased to announce that Altius Royalty Corporation ('ARC'), a wholly-owned subsidiary of Altius, has completed the sale of a 1% NSR royalty covering the Silicon and Merlin gold deposit discoveries in Nevada ('1% NSR Silicon Royalty') to a wholly owned subsidiary of Franco-Nevada Corporation ('Franco-Nevada') (TSX & NYSE: FNV) ('The Transaction'), pursuant to a royalty purchase agreement entered into by ARC and Franco-Nevada (the 'Agreement'). ARC will continue to hold a remaining 0.5% NSR royalty interest in Silicon (recently renamed to the Arthur Gold Project by AngloGold Ashanti plc ('AGA') as a long-term component of its diversified portfolio. The purchase price for the 1% NSR Silicon Royalty interest is US$ 275 million (~ C$ 375 million) comprised of US$ 250 million in upfront cash paid at closing and a further payment of US $25 million in cash payable upon the conclusion of an ongoing arbitration process that confirms the area subject to the royalty under final award to be consistent with Altius's interpretation of the partial award of the arbitration tribunal that was issued and reported on earlier this year. The Board of Directors of Altius has received a fairness opinion from Cormark Securities Inc. which opinion concluded that, based upon and subject to the assumptions made, procedures followed, matters considered, limitations and qualifications set out therein, the consideration to be received by ARC pursuant to the Transaction is fair, from a financial point of view, to ARC. Brian Dalton, CEO of Altius commented, 'We are pleased to partner with Franco-Nevada on this royalty, which encompasses AGA's world-class Silicon and Merlin gold deposit discoveries in Nevada, as well as extensive areas of prospective surrounding land. The Transaction crystallizes significant value for shareholders while further demonstrating the ability of Altius's Project Generation business to amplify the return profile of its overall royalty investment portfolio. The decision to retain a third of our Silicon royalty interest also provides continuing growth exposure to this emerging gold district, while confirming the addition of precious metals as a long-term, well-balanced component of our shareholder's diversified royalty portfolio. We now look forward to the ability to explore a wider set of capital allocation and deployment opportunities, facilitated by a considerably strengthened balance sheet and liquidity profile, and to further growing shareholder value.' Anticipated Benefits to Altius Shareholders Capital Allocation Opportunities Cash, after taxes and fees, expected to increase to more than C$ 360 million (assumes up front and further payment proceeds from this Transaction and also from the recent acquisition of Orogen Royalties Inc. by Triple Flag Precious Metals Corp.) Total liquidity increased to more than C$ 540 million (including C$ 116 million available under a revolving credit facility and C$ 62.5 million potentially available under an accordion feature) Creates enhanced flexibility to evaluate external M&A opportunities while limiting equity level dilution of existing assets and the embedded growth potential of our portfolio Improves ability to opportunistically increase per share exposure to existing royalty interests through share repurchases Retained Royalty Exposure Continuing optionality exposure to gold resource growth 1 from current ~16 Moz resource estimate at the Arthur Gold Project, as AGA continues aggressive exploration and delineation drilling programs and the reporting of encouraging results Achieves rebalance of commodity exposures while confirming precious metals and another tier-1 quality royalty as components of Altius's long-term, diversified portfolio. For further information, please see the updated Altius corporate presentation posted to the website at 1 See Expanded Silicon Project Update presentation Financial and Legal Advisors Cormark Securities Inc. is acting as financial advisor to Altius. Stikeman Elliott LLP is acting as legal counsel to Altius and ARC. About Altius Altius's strategy is to create per share growth through a diversified portfolio of royalty assets that relate to long life, high margin operations. This strategy further provides shareholders with exposures that are well aligned with global growth trends including increasing electricity based market share within energy usage, global infrastructure build and refurbishment growth, increased EAF based steelmaking, steadily increasing agricultural fertilizer requirements and the enhanced appetite for financial asset diversification through precious metals ownership. These macro-trends each hold the potential to cause higher demand for many of Altius's commodity exposures including potash, high purity iron ore, renewable energy, base metals, and gold . In addition, Altius runs a successful Project Generation business that originates mineral projects for sale to developers in exchange for royalties and that has a demonstrated track record of driving outsized direct returns from its overall royalty investment portfolio. Altius has 46,315,304 common shares issued and outstanding that are listed on Canada's Toronto Stock Exchange. It is a member of both the S&P/TSX Small Cap and S&P/TSX Global Mining Indices and the S&P/TSX Canadian Dividend Aristocrats Index. Forward Looking Information This news release contains forward-looking information. The statements are based on reasonable assumptions and expectations of management and Altius provides no assurance that actual events will meet management's expectations. The information in this news release about the any anticipated benefits of the transaction to Altius Shareholders, timing and results of the ongoing arbitration process in respect of the Silicon royalty and possibility of ARC being paid contingent consideration of US$25 million following conclusion thereof, and any other information herein that is not a historical fact may be forward looking information. In certain cases, forward-looking information may be identified by such terms as "anticipates", "believes", "could", "estimates", "expects", "may", "shall", "will", or "would". Although Altius believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those projected. Readers should not place undue reliance on forward-looking information. Altius does not undertake to update any forward-looking information contained herein except in accordance with securities regulations.
RTÉ News
27-06-2025
- Business
- RTÉ News
New EU rules on digital accessibility to come into force
New EU rules come into force tomorrow which will require websites, apps and devices to be accessible for people with disabilities and elderly people. If companies fail to comply with the European Accessibility Act they could be hit with fines and even prison sentences for senior staff. Brian Dalton is blind and is a wheelchair user. He is also a senior accessibility test engineer who works with clients to ensure their websites are accessible. Mr Dalton relies on screen reader software to navigate through the internet. "I will read the news headlines on various websites. I will want to book flights for holidays. I will want to book concert tickets. I'll want to do online shopping, just as anybody would," he said. Even with the best software, if the website is not well designed it can pose problems for people with disabilities. "The key is, are headings on websites accessible? Do they have accessible text? Are they structured in a right way?" Mr Dalton said. "Is the text on the link going to tell me exactly where I'm going to be taken to when I click it?" Mr Dalton is welcoming tomorrow's introduction of the European Accessibility Act. "I think it will be amazing, because it's going to harmonise the standard of accessibility across EU member states. "For example, there are guidelines around audio description, which says that pre-recorded video content has to be accompanied by an audio track. "There are also guidelines around the functionality needed for accessibility for keyboard users," he added. At the studios of New Graphic in Dublin, designers work with clients to make their websites more accessible. "The new act means that any kind of digital product, be it a website, an app, or an ATM, needs to be accessible," said Diarmuid Slattery, Director at New Graphic. "And websites should be accessible; you wouldn't build a new leisure centre and not make it accessible. "Right now, I think there is a knowledge gap, businesses don't know enough about accessibility and they need some help," Mr Slattery said. "Businesses need to think about how they write their content, as well as the images and videos they put up. "Videos need transcripts and content needs to be structured in a way that is understandable," he added. Digital Business Ireland (DBI) has expressed concerns about a lack of understanding of the new rules among companies. A recent survey carried out by the group showed that nearly half of Irish businesses were unaware of the requirements. DBI is calling for additional supports for businesses. "We feel that the Government should be looking at grant support," said Caroline Dunlea, Chairperson of Digital Business Ireland. "They could tier that support based on the size of the business. "There is an investment into making a website accessible, ensuring screen readers are there, or the colour contrasts are correct. "All of that has to be funded," Ms Dunlea said. The Competition and Consumer Protection Commission has been designated as one of the lead supervisory authorities in Ireland for the European Accessibility Act. It has produced a set of guidelines for small businesses. Internet users like Brian Dalton say the new rules should not be something to be feared by businesses but rather should be viewed as an opportunity to deliver better websites and a better user experience for all. "For me, independence is the freedom to do what I want to do when I want to do it. "So, if I decide in the middle of the night to sit down and book my holidays or do my online shopping or read the newspaper, I can do it independently of anybody else, because the accessibility requirements will be implemented," he said.
Irish Post
17-06-2025
- Business
- Irish Post
Recognition for volunteers supporting Irish community in Britain
SOME of the hardest working volunteers supporting the Irish community across Britain have been recognised for their efforts. Their contribution to the community was celebrated at Irish in Britain's (IIB) annual Volunteer Awards, which took place at the Irish Cultural Centre, Hammersmith earlier this month. Welcoming those gathered, IIB CEO Brian Dalton said it was 'a day dedicated to celebrating the generosity, heart, and spirit of our incredible volunteers'. 'Volunteering is not simply about giving time - it is about building something greater than ourselves. It is about kinship. And for our community, this sense of kinship runs deep,' he added. Irish in Britain CEO Brian Dalton (Pics: Malcolm McNally Photography) 'Irish people have a long and proud tradition of coming together in times of need – of organising, supporting and creating spaces of care and belonging wherever we have settled,' he explained. Niall Jackson was compere for the evening, which was sponsored by Clover HR. Irish Ambassador to Britain, Martin Fraser attended the ceremony and presented the Outstanding Individual Award, sponsored by Leading Minds, to Lorraine Dance who volunteers weekly at the Irish Cultural Centre. Individual Volunteer Award winner Lorraine Dance who volunteers weekly at the Irish Cultural Centre, Hammersmith (Pics: Malcolm McNally Photography) Sean Kennedy from Moreland Investments, who sponsored the Young Volunteer Award, presented it to joint winners, sisters Alanna and Delsey Witney, from Luton Irish Forum. In a moving acceptance speech, Alanna pledged to dedicate her life to 'advocating and educating people on Irish Traveller and Romany Gypsies,' adding, 'I will try and make a difference'. Delsey and Alanna Witney from the Luton Irish Forum were joint winners of the Young Volunteer Award. They are pictured with Sean Kennedy from Moreland Investments Ltd and Luton Irish Forum CEO Noelette Hanley (Pics: Malcolm McNally Photography) Sean McLaughlin, the Chair of Innisfree Housing Association, which sponsored the Outstanding Trustee Award, announced the winner in that category, as Rachael Loftus, Chairperson of Leeds Irish Health and Homes. Michael Doolin of Clover HR presented the Award for Outstanding Volunteer Group, sponsored by Galway Crystal to The History Research Group, Liverpool Irish Festival. The final award of the night was the David O'Keeffe Special Recognition Award, chosen by the Irish in Britain team in memory of the late General Manager of the Irish Cultural Centre. Brian Dalton presented the award to Tom Scanlon of Luton Irish Forum. Tom Scanlon from the Luton Irish Forum, the David O'Keeffe Special Recognition Award recipient (Pics: Malcolm McNally Photography) 'Tom has spent his career organising for equality and representation in the workplace,' he said. 'Selflessly he has brought these skills to the Irish community sector and in particular in his role as Chair of Luton Irish Forum for the last 12 years, his commitment to the welfare of others is humbling and inspirational.' Brian presented Tom with the piece of glassware specially designed, made and donated by architect and artist Angela Brady and a voucher for a meal at Myrtle restaurant donated by Chef Anna Haugh. Tom Scanlon said it had been a great honour to serve Luton Irish Forum, saying the work was both a 'pleasure and a challenge'. See More: Awards, Community, Irish In Britain, Volunteer
The Journal
27-05-2025
- The Journal
School ordered to pay €9,000 to male student discriminated against for wearing one earring
A SECONDARY SCHOOL student has been awarded €9,000 in compensation after a Workplace Relations Commission (WRC) hearing found that he was the victim of gendered discrimination due to not being allowed to wear one stud earring. The case, which was decided earlier this month, heard that the boy had worn one stud earring to school. This was contrary to the school's Code of Conduct, which stated that one stud earring in each ear were the only piercings allowed, the school's representative argued. The complainant alleged that he was the victim of discrimination on the grounds of gender and sexual orientation. He sought to ground his case under these claims under the Equal Status Act. The boy claimed that he was both directly discriminated against and indirectly, as a girl was more likely to wear an earring in each ear by choice. It was argued that 'what appears a neutral provision is not'. It was further alleged that he was instructed to get a second piercing in his other ear if he wished to wear his current piercing, or else to remove it during school hours or cover the stud with a plaster. Advertisement It was set out in the complainant's submissions that the boy had been subjected to 'public humiliation, left sitting in disgrace outside the Principal's office, removed from his normal classes for long periods… denied the privilege of going down town with his peers during school lunchtime, denied access to a boy's field trip and left to attend a girl's field trip, threatened with after-school detention, had his mother shouted at…', all arising from his lack of cooperation over the issue of the single stud earring. The school rejected his submission and said that any other student, male or female, would have been sanctioned identically. It said that it was not aware of the student's sexual orientation, claiming that the student's case citing harassment as a result was therefore not relevant. The school said that many 'famous men' including footballers and musicians wear stud earrings in both ears. 'There appears to be a suggestion that the requirement to wear two earrings imputes gender fluidity. This allegation is made with absolutely no evidence whatsoever,' the school's submission said. It claimed that the case was simply the student refusing to abide by the Code of Conduct. The WRC Adjudicating Officer Brian Dalton found that the student had been discriminated against on the basis on gender, but not on the basis of sexual orientation. The adjudicating officer ruled that the rule regarding earrings favours females over males. The school was ordered to amend its rule to state that students are permitted to wear only one stud earring in each ear, or one earring in one ear. The school was ordered to pay €9,000 to the student, which is to be held by his mother until he turns 18-years-old. Readers like you are keeping these stories free for everyone... A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation. Learn More Support The Journal
Irish Times
07-05-2025
- Business
- Irish Times
Keelings fruit company fails in bid for private hearing of whistleblower allegations
The Keelings fruit and vegetable group has failed in an attempt to have allegations of whistleblower penalisation and multiple employment rights breaches by a former employee heard entirely behind closed doors. At the Workplace Relations Commission on Wednesday an adjudicator told the firm's representatives that the prospect of 'certain people being named' in connection with the case was not reason enough to justify hearing the matter out of the public eye. Keelings Logistics Solutions had sought a private hearing into claims by the worker, former warehouseman Rudolph Csikos, which were called on Wednesday at the employment tribunal. He has alleged breaches of the Minimum Notice and Terms of Employment Act 1973, the Unfair Dismissals Act 1977, the Organisation of Working Time Act 1997 and the Protected Disclosures Act 2014 against the company. READ MORE At the hearing, adjudicator Brian Dalton noted the application by the company's representative, Emily Maverley of the Irish Business and Employers' Confederation (Ibec), for a hearing 'in private'. 'That's quite unusual, because this case is about the administration of justice,' he said. 'I do have the power to have a hearing in private, but I have to have very good reasons for it,' he said. 'Certain wrongs, certain people being named – that in itself is not a reason,' he added. 'In the administration of justice, the whole process is tested, and ultimately I will make a ruling. You can't make an allegation of defamation in the administration of justice. It's up to me to decide,' he said. He added that the law required 'exceptional' circumstances for a private hearing. Mr Dalton said he was only aware of the basis for the application for a private hearing at a 'high level' and said there was 'no point' discussing the detail any further with a member of the press in the room. 'I'm going to ask the press to leave temporarily,' he said. The matter proceeded for around 25 minutes behind closed doors before Mr Dalton reopened the hearing to the public. 'An application was made for the hearing to be heard in private, and it was turned down,' he said. After a short adjournment, Mr Dalton quoted a section of the Workplace Relations Act, as amended, to the parties. He said the legislation required a hearing 'in public, unless the adjudicating officer… determines that due to the existence of special circumstances, the proceedings or part thereof should be conducted otherwise than in public'. 'In other words, most of this case will be heard in public,' Mr Dalton said. The adjudicator gave May 27th as the date for a further hearing and adjourned the matter shortly after that.
