Latest news with #GLC
Time of India
a day ago
- Business
- Time of India
Want Amaravati to be the next Davos, says CM at CII meet
Vijayawada: Chief minister N Chandrababu Naidu on Friday urged industrialists to support the building of a global leadership centre (GLC) in Amaravati, which he said would become the destination for global investors and industrialists instead of Davos in future. Addressing the CII conference in New Delhi, Naidu said they have been going to Davos to network, exchange ideas, and meet people. "Instead, I want to make Amaravati the new global centre. All leaders should come to Amaravati and India to cultivate leadership. We want to promote more leaders to lead and provide services to the global community, and for that, we need a global leadership centre to achieve the goal. I request you all to support the setting up of GLC in Amaravati to produce the leaders of tomorrow," he said. He invited industry captains to become partners in the historic journey of construction of greenfield capital city Amaravati. "We are aiming for more than 15% annual growth, reaching a $2.4 trillion economy with a per capita income of $42,000 by 2047 — making Andhra Pradesh one of India's most prosperous and inclusive states," he added. The CM said empowering the youth is central to his vision. "When I was jailed unjustly, tech professionals in 80 countries protested. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Espalhe a sua marca para milhares de pessoas Balinhas Personalizadas Solicite orçamento Undo Don't just seek jobs, become entrepreneurs. Our global leadership centre will create a cascading effect of change-makers and global citizens. We have launched the national academy of construction and started India's first equipment bank. The first phase of Amaravati will be completed in three years, including an international airport and world-class infrastructure," Naidu said. He said they have been working with Bill & Melinda Gates Foundation in Kuppam to integrate AI into healthcare and establish real-time medical monitoring. "Nearly 35% of AP's GSDP is agro-based. We are promoting aqua zones, horticulture, agri-processing, and global brands like Araku coffee. The state govt is developing 175 industrial parks in 175 constituencies, backed by cluster-based skilling and tourism infrastructure to create 50,000 hotel rooms in five years. CII is collaborating with us to scale up skilling efforts. We offer proof of concept. Through viability gap funding, new models, and proactive hand-holding, we will ensure that entrepreneurs succeed, even in challenging conditions. Public policy matters deeply," he concluded.
Cision Canada
4 days ago
- Business
- Cision Canada
Grounded Lithium Reports First Quarter 2025 Financial and Operating Results
CALGARY, AB, May 27, 2025 /CNW/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. (" GLC" or the " Company") announces our financial and operating results for the three-month period ended March 31, 2025. Selected financial and operational information is set out below and should be read in conjunction with the Company's March 31, 2025 financial statements and the related management's discussion and analysis, which are available for review at or the Company's website at First Quarter 2025 Financial and Operational Highlights The Company, together with its strategic partner Denison Mines Corp. (" Denison"), completed a field drill program at the Kindersley Lithium Project's (" KLP") original 4-15-33-23W3 well, successfully re-entering and extending the well achieving several defined objectives. Further, as part of the pre-feasibility study (" PFS") preparation, the Company and Denison commenced extensive metallurgical testing and a depletion modeling exercise. These efforts provide a deliberate, planned and methodical approach to further refine the commercial confidence level in the pending independently authored PFS by Stantec Inc. planned for completion mid 2025. Financial Results (CAD$, except per share amounts and common shares outstanding) Three Months Ended March 31, 2025 2024 FINANCIAL RESULTS Net comprehensive income (loss) 30,392 (507,607) Per share - basic and diluted - (0.01) Cash flow from (used in) operating activities 43,063 (411,756) Per share - basic and diluted - (0.01) Funds flow from (used in) operations 60,186 (467,640) Per share - basic and diluted - (0.01) Capital expenditures Capital expenditures (dispositions) - (800,000) Liquidity Working capital surplus 175,083 303,222 Common shares outstanding Weighted average - basic and diluted 78,371,294 77,126,290 Outstanding, end of period 79,660,227 78,279,227 About Grounded Lithium Corp. GLC is a publicly traded lithium brine exploration and development company that controls approximately 1.0 million metric tonnes of Measured & Indicated lithium carbonate equivalent mineral resource and approximately 3.2 million metric tonnes of Inferred lithium carbonate equivalent resource over our focused land holdings in Southwest Saskatchewan as per the Company's updated PEA. The updated PEA, titled " NI 43-101 Technical Report: Preliminary Economic Assessment Kindersley Lithium Project – Phase 1 Update" dated November 7, 2023 and effective as of June 30, 2023, reports a Phase 1 NPV 8 after-tax of US$1.0 billion with an after-tax IRR of 48.5%. GLC's multi-faceted business model involves the consolidation, delineation, exploitation and ultimately development of our opportunity base to fulfill our vision to build a best-in-class, environmentally responsible, Canadian lithium producer supporting the global energy transition shift. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on Qualified Person Scientific and technical information contained in this press release has been prepared under the supervision of Doug Ashton, Alexey Romanov, P. Geo., Meghan Klein, P. Eng., Dean Quirk, Jeffrey Weiss, Chad Hitchings., P.L. Eng., and Michael Munteanu, each of whom is a qualified person within the meaning of NI 43-101. Forward-Looking Statements This press release may contain forward-looking statements and forward-looking information within the meaning of applicable Canadian securities laws. The opinions, forecasts, projections and statements about future events of results, are forward looking information, forward-looking statements or financial outlooks (collectively, " forward-looking statements") under the meaning of applicable Canadian securities laws. These statements are made as of the date of this press release and the fact that this press release remains available does not constitute a representation by GLC that the Company believes these forward-looking statements continue to be true as of any subsequent date. Although GLC believes that the assumptions underlying, and expectations reflected in, these forward-looking statements are reasonable, it can give no assurance that these assumptions and expectations will prove to be correct. Such statements include, but are not limited to, statements regarding the internal rates of return and net present values of the KLP, activities funded by Denison to drive the KLP value and GLC's vision of becoming a best-in-class, environmentally responsible, Canadian lithium producer supporting the global energy transition. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are: GLC's expectation that our operations will be in Western Canada, unexpected problems can arise due to technical difficulties and operational difficulties which impact the production, transport or sale of our products; geographic and weather conditions can impact production; the risk that current global economic and credit conditions may impact commodity prices and consumption more than GLC currently predicts; the failure to obtain financing on reasonable terms; volatility in the trading price of the common shares of the Company; the risk that unexpected delays and difficulties in developing currently owned properties may occur; the failure of drilling to result in commercial projects; unexpected delays due to the limited availability of drilling equipment and personnel; and the other risk factors detailed from time to time in GLC's periodic reports. GLC's forward-looking statements are expressly qualified in their entirety by this cautionary statement. SOURCE Grounded Lithium Corp.
The Star
7 days ago
- Politics
- The Star
‘No nepotism involved'
United front: Anwar (middle, front) standing with newly elected party office bearers as they sing the party's anthem during PKR national congress in Johor Baru. — THOMAS YONG/The Star JOHOR BARU: Datuk Seri Anwar Ibrahim has described claims of nepotism following his daughter's successful outing at PKR's recent party polls as unfair to him and the party. The Prime Minister and PKR president said Nurul Izzah's election as deputy president reflects the wishes of the party grassroots. 'Back (in 1998) when I was hours away from being arrested by the police to be thrown in jail, I had no choice but to choose (Datuk Seri Wan) Azizah (Wan Ismail) to replace me. 'She did not even know how long she had to shoulder that responsibility. But there were no claims of nepotism then,' he said during his winding-up address at the PKR national congress. 'But why is there an issue now? Yes, I chose Wan Azizah out of desperation but Nurul Izzah was elected (as deputy president) by party members.' Nurul Izzah won the deputy president race with 9,803 votes, over the incumbent, Economy Minister Datuk Seri Rafizi Ramli, who received 3,866 votes. The Prime Minister also made special mention of Wan Azizah, noting her contributions to the party. 'I better thank her before everyone else or else she will say I forgot about her,' he quipped, to which the audience applauded. Now that the party polls have ended, Anwar said it is time for healing. He said continued efforts must be made to reform the party, which represents all races in the country. Expressing his confidence in the new line-up, he reminded PKR leaders to not forget their roots and remain committed to reform and not just chase after positions or material. He said it was important to carry out an 'idealism polishing' from time to time to uphold the party's integrity, adding that internal reforms should cover selection, discipline, values and evaluation of office bearers for various government and GLC positions. Although Rafizi and former vice-president Nik Nazmi Nik Ahmad were not present on the second day of the congress, Anwar paid tribute and said their sacrifices cannot be forgotten. On the party elections, he said the results reflected delegates' rejection of the 'cai' method (preferred candidates' line-up). As for the upcoming Sabah state election, Anwar, who is also Pakatan Harapan chairman, assured the party that he will obtain a reasonable number of seats to contest. He said a special meeting will be held on May 29 to discuss seat allocations for the upcoming polls. 'I have discussed the matter with Barisan Nasional and Umno chairman Datuk Seri Ahmad Zahid Hamidi and Gabungan Rakyat Sabah chairman Datuk Seri Hajiji Noor on working together. 'After the Asean summit ends, the special meeting will be held and I give my assurance that PKR and Pakatan will get a reasonable number of seats,' he added.
India.com
24-05-2025
- Entertainment
- India.com
Inside photos of Rishabh Pant's home, star India cricketer lives a king size life, his net worth is Rs 1000000000
In this collection of pictures we shall take a look at Rishabh Pant's luxurious house. Star India cricketer lives a king size life. Let's dive in. Rishabh Pant owns a simple residence in Uttam Nagar, Delhi, valued at approximately Rs 2 crore. His living area features a red-upholstered sofa and also includes a display cabinet showcasing his trophies. Rishabh Pant's residence showcases a contemporary aesthetic with sleek, understated interiors and chic furnishings. The space blends sophistication with practicality, offering a cozy and welcoming atmosphere. Rishabh Pant's dining area features elegant cream-colored walls that complement the wooden dining table topped with glass. His living space also includes beautifully crafted wooden partitions that enhance the overall decor. Rishabh Pant's bedroom showcases a sleek, modern design with a monochromatic theme. The space features refined geometric accents in shades of royal blue, giving it a stylish and sophisticated look. Rishabh Pant owns an impressive collection of luxury vehicles, including the Ford Mustang, Audi A8, and both GLC and GLE models from Mercedes-Benz. Interestingly, the Mercedes-Benz GLC was his first car purchase, which he made in 2017. Indian cricket sensation Rishabh Pant is estimated to have a net worth of around Rs 100 crore. His earning is from various sources such as professional cricket, the Indian Premier League (IPL), and endorsements with brands. He is one of the highest-paid individuals in the country's cricketing fraternity.
The Star
24-05-2025
- Politics
- The Star
Anwar calls for PKR unity after party elections
JOHOR BARU: Now that the party elections are over, it is a time for healing, says PKR president Datuk Seri Anwar Ibrahim. He acknowledged that at times some members had gone overboard, which was not good for the party. "However, we need to be united and continue to reform this party as we represent all races in the country," he said during his winding-up speech at the National PKR Congress here. Anwar, who expressed confidence in the new line-up, reminded PKR leaders not to forget their roots and to remain committed to reform rather than just chasing positions or material gains. He emphasised the importance of carrying out an "idealism polishing" periodically to ensure the party's integrity. "Even iron needs to be taken out and oiled from time to time to prevent rust if left too long in water," he said, adding that internal reforms should cover selection, discipline, behaviour, values, and evaluation of office bearers for various government and GLC positions. Although former president Datuk Seri Rafizi Ramli and former vice-president Nik Nazmi Nik Ahmad were not present on the second day of the congress, Anwar paid tribute to them, stating that their sacrifices cannot be forgotten. More to come Follow us on our official WhatsApp channel for breaking news alerts and key updates!
