Latest news with #GoldenShield
Daily Tribune
27-05-2025
- Business
- Daily Tribune
MOIC Wins Service Honour
TDT| Manama The Ministry of Industry and Commerce was recognised yesterday for its high-performing Metal Testing Center, which earned a prestigious Golden Shield under the government's flagship service evaluation initiative, 'Taqyeem 5'. The shield was presented by Dr. Shaikha Rana bint Isa bin Duaij Al Khalifa, Director General of the Institute of Public Administration and Vice Chair of the Government Service Centers Evaluation Committee, in the presence of His Excellency Abdulla bin Adel Fakhro, Minister of Industry and Commerce. The Metal Testing Center achieved Gold Category status in the latest round of the 'Taqyeem' programme, which benchmarks public service quality across the Kingdom. The award highlights the centre's progress in raising standards of customer service and operational efficiency. H.E. Fakhro attributed the achievement to the support of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, stating that such backing has been a key driver of systemic improvement across government entities. He also commended the team at the Metal Testing Center for their commitment to innovation and service delivery, calling the unit a 'distinguished model' of government performance. 'This achievement reflects our dedication to performance development and digital upgrading of services,' H.E. Fakhro said, adding that it aligns with the broader goals of public satisfaction and responsiveness.
Yahoo
22-05-2025
- Business
- Yahoo
GOLDEN SHIELD ANNOUNCES $975K PRIVATE PLACEMENT
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, BC, May 22, 2025 /CNW/ - Golden Shield Resources Inc. (CSE: GSRI) (FRA: 4LE0) (the "Company" or "Golden Shield") is pleased to announce that it intends to complete a non-brokered private placement (the "Offering") for total proceeds of up to $975,000, consisting of up to 6,500,000 common shares ("Shares") of the Company at a price of $0.15 per Share. The Company intends to use the net proceeds from the Offering for exploration expenditures at the Company's Marudi Mountain Property, as well as corporate and general working capital purposes. Closing of the Offering is subject to certain customary conditions. The securities to be issued under the Offering will be offered by way of private placement in such provinces or territories of Canada and such other jurisdictions as may be determined by the Company, in each case, pursuant to applicable exemptions from the prospectus requirements under applicable securities laws. Securities issued under the Offering will be subject to a statutory hold period which will expire four months and one day from the date of closing of the Offering. The securities subject to the Offering have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. About Golden Shield Golden Shield Resources controls the 5,457-hectare, Marudi Mountain Property located in the Rupununi District of southwestern Guyana. Forward looking Statements This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, forward-looking information in this press release includes, but is not limited to, statements with respect to the Company's ability to complete the Offering on the terms and on the proposed closing timeline announced or at all and the use of proceeds of the Offering. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information. Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: early stage of Company development; mineral titles; aboriginal claims and consultation; surface rights; operating hazards and risks; speculative nature of mineral exploration; permits and government regulations; environmental and safety regulations and risks; competitive conditions in the mining industry; social and environmental activism; uninsurable risks; infrastructure; property interests; limited operating history; reliance on management; conflict of interest; liability for actions of employees, contractors and consultants; breach of confidentiality; reporting issuer status; no operating revenue; negative operating cash flow; requirement of substantial capital expenditures; additional financing; going concern risk; insurance policies may not be sufficient to cover all claims; claims and legal proceedings; internal control systems; if the Company cannot raise additional equity financing, then it may lose some or all of its property interests; general inflationary pressures; price of Common Shares; volatility of publicly traded securities; dilution; dividends; tax issues; retaining key personnel; privacy, data protection, and information security concerns, and data collection and transfer restrictions and related domestic or foreign regulations; anti-money laundering, anti-terrorism financing, anti-corruption and economic sanctions laws; negative publicity and sharing of information through social media; failure to develop, maintain, and enhance the Company's brand; management of growth; mergers or other strategic transactions involving the Company's competitors or customers; protection of the Company's proprietary rights; infringement of intellectual property; credit risk; acquisition of other companies; negative operating cash flow; requiring additional capital to support growth; judgments or estimates relating to the Company's critical accounting policies; complying with laws and regulations affecting public companies; regulatory requirements; adverse economic and market conditions; changes in technology; natural disasters, public health crises, political crises, or other catastrophic or adverse events; general economic conditions in Canada, the United States and globally; unanticipated operating events; fluctuations in currency rates; geopolitical risks; the availability of capital on acceptable terms; human error; the influence of third party stakeholders; the Company's discretion over the use of proceeds from financings; the Company's inability to maintain the listing of the Common Shares on a stock exchange; certain securities that the Company may issue not being listed on a stock exchange; the Company's compliance with evolving corporate governance and public disclosure regulations; changes in tax laws; and other risks. The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information. Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. SOURCE Golden Shield Resources Inc. View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
22-05-2025
- Business
- Cision Canada
GOLDEN SHIELD ANNOUNCES $975K PRIVATE PLACEMENT
VANCOUVER, BC, May 22, 2025 /CNW/ - Golden Shield Resources Inc. (CSE: GSRI) (FRA: 4LE0) (the " Company" or " Golden Shield") is pleased to announce that it intends to complete a non-brokered private placement (the " Offering") for total proceeds of up to $975,000, consisting of up to 6,500,000 common shares (" Shares") of the Company at a price of $0.15 per Share. The Company intends to use the net proceeds from the Offering for exploration expenditures at the Company's Marudi Mountain Property, as well as corporate and general working capital purposes. Closing of the Offering is subject to certain customary conditions. The securities to be issued under the Offering will be offered by way of private placement in such provinces or territories of Canada and such other jurisdictions as may be determined by the Company, in each case, pursuant to applicable exemptions from the prospectus requirements under applicable securities laws. Securities issued under the Offering will be subject to a statutory hold period which will expire four months and one day from the date of closing of the Offering. The securities subject to the Offering have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. About Golden Shield Golden Shield Resources controls the 5,457-hectare, Marudi Mountain Property located in the Rupununi District of southwestern Guyana. Forward looking Statements This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, forward-looking information in this press release includes, but is not limited to, statements with respect to the Company's ability to complete the Offering on the terms and on the proposed closing timeline announced or at all and the use of proceeds of the Offering. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information. Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: early stage of Company development; mineral titles; aboriginal claims and consultation; surface rights; operating hazards and risks; speculative nature of mineral exploration; permits and government regulations; environmental and safety regulations and risks; competitive conditions in the mining industry; social and environmental activism; uninsurable risks; infrastructure; property interests; limited operating history; reliance on management; conflict of interest; liability for actions of employees, contractors and consultants; breach of confidentiality; reporting issuer status; no operating revenue; negative operating cash flow; requirement of substantial capital expenditures; additional financing; going concern risk; insurance policies may not be sufficient to cover all claims; claims and legal proceedings; internal control systems; if the Company cannot raise additional equity financing, then it may lose some or all of its property interests; general inflationary pressures; price of Common Shares; volatility of publicly traded securities; dilution; dividends; tax issues; retaining key personnel; privacy, data protection, and information security concerns, and data collection and transfer restrictions and related domestic or foreign regulations; anti-money laundering, anti-terrorism financing, anti-corruption and economic sanctions laws; negative publicity and sharing of information through social media; failure to develop, maintain, and enhance the Company's brand; management of growth; mergers or other strategic transactions involving the Company's competitors or customers; protection of the Company's proprietary rights; infringement of intellectual property; credit risk; acquisition of other companies; negative operating cash flow; requiring additional capital to support growth; judgments or estimates relating to the Company's critical accounting policies; complying with laws and regulations affecting public companies; regulatory requirements; adverse economic and market conditions; changes in technology; natural disasters, public health crises, political crises, or other catastrophic or adverse events; general economic conditions in Canada, the United States and globally; unanticipated operating events; fluctuations in currency rates; geopolitical risks; the availability of capital on acceptable terms; human error; the influence of third party stakeholders; the Company's discretion over the use of proceeds from financings; the Company's inability to maintain the listing of the Common Shares on a stock exchange; certain securities that the Company may issue not being listed on a stock exchange; the Company's compliance with evolving corporate governance and public disclosure regulations; changes in tax laws; and other risks. The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.
Tatler Asia
23-04-2025
- Automotive
- Tatler Asia
Long-range electric vehicles are almost here—but how soon can you drive one?
The race for a better battery Above The Changan VIIA concept car features scissor doors and a convertible roof (Photo: Changan) A solid-state battery gets its name from the material that replaces the liquid electrolyte in a typical lithium ion battery. The solid electrolyte is made of either glass, ceramic or metallic material. The removal of the liquid electrolyte allows the battery to be more densely packed. Solid-state batteries can theoretically have an energy density of 400 to 600 Wh/kg. Chinese automobile and EV maker Changan has announced that it will roll out prototype vehicles with solid-state batteries at the end of 2025 to early 2026. Mass production of the solid-state battery will begin by 2027. Changan has said that a solid-state battery with a 400 Wh/kg energy density will enable an EV with up to 1,500 km range on a single full charge. Previously, CATL, the world's largest battery manufacturer, announced that it will make solid-state batteries in small batches by 2027. BYD revealed a similar timeline for its solid-state battery rollout. The future of solid-state battery technology Above The Golden Shield battery developed by Changan (Photo: Changan) To prepare for the development of solid-state batteries, the Chinese government has instituted the China All-Solid-State Battery Collaborative Innovation Platform (CASIP) in 2024. Members include automotive and battery manufacturing companies such as BYD, NIO, EVE Energy, CALB, Gotion and SVOLT. The consortium's goal is to make solid-state battery production competitive while establishing a supply chain by 2030. While the development of solid-state batteries are moving at a rapid clip by industry standards, other car makers have set their timelines that are further along. There are still a lot of technical hurdles to overcome. Toyota has promised to introduce solid-state battery EVs by 2027, with a 2030 target date for mass production. Honda began a test production of solid-state batteries in January this year. Nissan has promised a timeline of early 2029 for its solid-state battery-powered EVs. Hyundai and Kia have pushed back on the launch of solid-state EV batteries by 2030. Above The NIO ET7 electric sedan has a range of 1,050 km thanks to its semi-solid-state battery pack (Photo: NIO) For the short term, Chinese EV makers such as NIO have released a semi-solid-state battery that can be swapped in their EVs. The battery has a 150 kWh capacity, making it the largest capacity battery pack made in China with the highest energy density of 360 Wh/kg. The battery was tested on a NIO ET7 EV sedan, which travelled over 1,044 km on a single charge.
