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Granite Creek Sells Hydrogen Projects
Granite Creek Sells Hydrogen Projects

Associated Press

time29-04-2025

  • Business
  • Associated Press

Granite Creek Sells Hydrogen Projects

VANCOUVER, BC / ACCESS Newswire / April 29, 2025 / Granite Creek Copper Ltd. (TSX.V:GCX)(OTCPK:GCXXF) ('Granite Creek' or the 'Company') is pleased to announce that the company has entered into a sale and purchase agreement with Buscando Resources Corp. (CSE:BRCO) for the sale of the Company's wholly owned subsidiary, Element One Hydrogen Corp. The sale includes the Union Bay and Star Projects as well as the Element One Hydrogen brand. Granite Creek will receive total consideration of $150,000 CDN for this transaction. The transaction is expected to close within 30 days. The Company will retain the rights to any re-imbursement for work completed on the Star project for 2024 and 2025 through the NRCan funded research project being completed in partnership with Kemetco Research (see news release dated February 24, 2025). The company will also retain the rights to any payments due to the company in connection with the first year of the option agreement the Company entered into with 1508260 B.C. Ltd (see news release dated December 17, 2024) About Granite Creek Copper Granite Creek Copper, a member of the Metallic Group of Companies, is a focused on the exploration and development of critical minerals projects in North America. The Company's projects consist of its flagship 177 square kilometer Carmacks project in the Minto copper district of Canada's Yukon Territory on trend with the formerly operating, high-grade Minto copper-gold mine and the advanced stage LS molybdenum project and the Star copper-nickel-PGM project, both located in central British Columbia. More information about Granite Creek Copper can be viewed on the Company's website at FOR FURTHER INFORMATION PLEASE CONTACT: Timothy Johnson, President & CEO Telephone: 1 (604) 235-1982 Toll Free: 1 (888) 361-3494 E-mail: [email protected] Website: Qualified Person Debbie James has reviewed and approved the technical information pertinent to Ni-Cu-PGM mineralization contained in this news release. Ms. James is a Qualified Person as defined in NI 43-101. Forward-Looking Statements Forward Looking Statements: This news release includes certain statements that may be deemed 'forward-looking statements' or 'forward-looking information'. All statements in this release, other than statements of historical facts including, without limitation, statements regarding expected use of proceeds from the private placement and future plans and objectives of the company are forward-looking statements that involve various risks and uncertainties. Although Granite Creek Copper 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 in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the companies with securities regulators. Readers are cautioned that mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral exploration and development of mines is an inherently risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. For more information on Granite Creek Copper and the risks and challenges of their businesses, investors should review their annual filings that are available at Neither the 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: Granite Creek Copper Ltd. press release

Hampton University air traffic professor weighs in on tragic DC crash
Hampton University air traffic professor weighs in on tragic DC crash

Yahoo

time31-01-2025

  • Politics
  • Yahoo

Hampton University air traffic professor weighs in on tragic DC crash

HAMPTON, Va. (WAVY) —There are no clear answers on why that Black Hawk helicopter and American Airlines Flight 5342 collided Wednesday. The National Transportation Board won't have a preliminary report for at least 30 days, but one Hampton University professor said he expects the role of air traffic controllers to be reviewed closely. Midair collision kills 67 people in the deadliest US air disaster in almost a quarter century A career in air traffic control comes with duties that sometimes result in responding to tragedies like Wednesday's deadly plane crash near Reagan National Airport. 'Our job as the air traffic controller is protect the airspace that the planes are flying in,' said Timothy Johnson, Hampton University assistant professor and AT-CTI program manager. Hampton University has an air traffic controller degree program. Johnson started his career in 2003 and knows it's a fast paced environment. 'Making air traffic hard in general is just dealing with different types of aircrafts, different characteristics that the aircrafts do,' Johnson said. 'Aircrafts fly at different speeds depending on what they are dealing with, with multiple aircrafts and not a lot of airspace, and aircrafts can't stop in midair, right? So they're going to be flying constantly.' Johnson said it is common to see military helicopters training at night near civilian airports, and air traffic controllers are used to communicating to pilots for both aircrafts. President Donald Trump weighed in on the crash at a press conference Thursday morning, with comments on diversity, equity and inclusion and its alleged relation to the event. At the press conference, a reporter asked the president if there's a reason to think diversity had something to do with this crash. President Trump responded in part by saying, 'I have common sense, we want brilliant people doing this.' Johnson said all air traffic controllers are equipped to do the duties they are assigned. 'Becoming an air traffic controller, it's intense training,' Johnson said. Controllers have to do schooling at a certified university like Hampton, and then you have an additional two to four years of training at various facilities before being allowed to work on your own. There have been questions, though, surrounding staffing levels for that tower at DCA during last night's crash. This investigation into the cause of the crash could take many months to conclude. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Victoria's Secret shares sink 10% on CFO transition, narrowed Q4 guidance
Victoria's Secret shares sink 10% on CFO transition, narrowed Q4 guidance

Yahoo

time29-01-2025

  • Business
  • Yahoo

Victoria's Secret shares sink 10% on CFO transition, narrowed Q4 guidance

-- Victoria's Secret&Co (NYSE:VSCO) updated its fourth-quarter forecast on Wednesday and appointed Scott Sekella as the new Chief Financial Officer (CFO) following Timothy Johnson's decision to retire in June 2025. Sekella previously held the CFO position at Joann, a fabric and crafts retailer. This appointment follows the earlier naming of Hillary Super as the new CEO in October. The company's shares plunged nearly 10% after the market opening bell. The move comes amid a turnaround phase for Victoria's Secret. Alongside the leadership change, the company has updated its fourth-quarter guidance, raising the lower end of its net sales, adjusted operating income, and adjusted earnings per share (EPS) expectations. Despite the current macroeconomic headwinds that may affect short-term top-line trends, Jefferies analysts maintain a positive outlook on VSCO's long-term potential. 'While we do not expect a linear recovery, we believe that VSCO's long-term opportunity remains unchanged and that the company is capable of restoring lost sales while recapturing margin,' analysts led by Corey Tarlowe said in a note. As such, the firm's analysts have left their estimates largely unchanged, positioning them at the high end of the company's updated guidance. Since Super's arrival, VSCO has seen positive signs such as increased foot traffic in October and November, a significant boost in social media engagement, and a slight uptick in web traffic in December. 'Looking ahead, we believe that the company is well-positioned to continue witnessing healthy data trends,' Jefferies analysts concluded. Following the guidance update, Victoria's Secret now expects its fourth-quarter adjusted operating income to be between $260 million and $270 million, compared to its previous range of $240 million to $270 million. Analysts surveyed by Bloomberg had estimated $266.5 million. The company projects net sales growth of 3% to 4% and revised its adjusted EPS forecast to $2.20 to $2.30, up from the prior range of $2.00 to $2.30. The consensus estimate stood at $2.27. Related Articles Victoria's Secret shares sink 10% on CFO transition, narrowed Q4 guidance JPM bullish on puts stock in positive catalyst watch on U.S. demand Riot Platforms jumps as hedge fund DE Shaw takes stake Sign in to access your portfolio

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