Delta Data Center Solution Day „Bringing Your Data Center into the IoT Era“ Starts from March

Delta, a global provider of power and thermal management solutions, announced today that it will kick off its Solution Day World Tour in March under the theme of “Bringing Your Data Center into the IoT Era”. The purpose of this event is to share Delta’s insights and global success stories with key data center partners in this area. Starting from March, 2019, Delta will host its Data Center Solution Day in major cities in EMEA, Asia, and North America.

According to Gartner the research company, there will be 20 billion connected devices by 2020, up from only 8.4 billion devices in 2017. The rapid digital transformation known as the Internet of Things (IoT) is bringing huge volumes of data and massive data traffic, which further challenges IT infrastructure for real-time and always-on connectivity and services. Since data centers are the backbone of IT operations, how to build a reliable and efficient data center has become the focus of most companies’ IT strategies.

“The future is now. As industries prepare for the IoT, our job is to help our partners build reliable and future-proof data centers to counter their foreseeable IT challenges, while also maintaining lower TCO. We stand behind our partners to ensure they can leverage the latest technologies such as IoT and 5G technology into business profits,” said Dr. Charles Tsai, CTO of Information & Communication Technology Infrastructure Solutions Business Group (ICTBG) at Delta Electronics.

According to the latest survey of CIOs, the 3R challenges of Reliability, Resiliency, and ROI are causing them the most concern. Delta will provide an in-depth analysis of how each challenge affects data center industries, and equip our partners with unique insights and relevant success stories that will help them overcome these challenges step-by-step. Power capacity and system resiliency are two key considerations for data center builders and owners, which affect whether they decide their data centers will be on-premise, prefabricated or even colocations. With Delta’s broad industry experience, we are able to help our partners identify their business goals and requirements, and deliver optimized data center solutions.

Would you like to see how Delta’s data center infrastructure total solutions can bring real-world success? We invite you to join our Data Center Solution Day, where all VIP guests will enjoy exclusive access to our data center expertise, including market trends, solution capabilities, and global success stories. Don’t miss out on this opportunity to meet with our data center experts.

More information about Delta Data Center Solution Day: https://www.deltapowersolutions.com/…

 

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Geschäftsjahr 2018: B. Braun steigert Umsatz und investiert über 1,2 Mrd. Euro

Die B. Braun Melsungen AG hat das Geschäftsjahr 2018 mit einem Gesamtumsatz von 6.908 Millionen Euro (Vorjahr: 6.789 Millionen Euro) abgeschlossen. Der Umsatz stieg gegenüber dem Vorjahr um 1,8 Prozent (währungsbereinigt +5,3 Prozent). Das EBITDA lag mit 952,5 Millionen Euro 3,3 Prozent unter dem Vorjahr.

“Im Geschäftsjahr 2018 konnten wir den Umsatz abermals steigern und lagen mit 5,3 Prozent zu konstanten Wechselkursen im angestrebten Zielkorridor von 5 bis 7 Prozent. Wir sind organisch weiter gewachsen und verzeichnen insgesamt einen zufriedenstellenden Geschäftsverlauf“, sagte der Vorstandsvorsitzende Prof. Heinz-Walter Große während der Bilanzpressekonferenz am Freitag, dem 22. März. „Unser Ergebnis ist hinter den Erwartungen zurück geblieben“, betonte Große. Grund dafür waren Währungskursveränderungen, die das Ergebnis mit mehr als 100 Millionen Euro belasteten. Zudem gab es zusätzliche Kostenbelastungen aus der Inbetriebnahme neuer Fertigungen und steigender regulatorischer Anforderungen. Große präsentierte die Kennzahlen des Geschäftsjahres 2018 gemeinsam mit Anna Maria Braun, Vorstand für die Region Asien-Pazifik und designierte Vorstandsvorsitzende, sowie Finanzvorstand Dr. Annette Beller.

Die B. Braun-Sparten: Weiter dynamisches Wachstum bei B. Braun Avitum und Aesculap
Alle vier Sparten des B. Braun-Konzerns trugen zum Umsatzwachstum bei. Hospital Care und OPM wuchsen moderat, ein besonders dynamischer Geschäftsverlauf war bei den Sparten Aesculap und B. Braun Avitum zu verzeichnen.

Die größte Sparte Hospital Care behauptete sich im schwierigen Umfeld und steigerte den Umsatz auf 3.131 Millionen Euro. Dies entspricht einem Plus von 0,5 Prozent zum Vorjahr (4,7 Prozent zu konstanten Wechselkursen). Sehr gut entwickelten sich Russland, die Tschechische Republik, die Slowakei, die Niederlande, Großbritannien sowie das Direktgeschäft im Nahen und Mittleren Osten. Ein starkes Wachstum wurde in den Bereichen „Compounding“ zur Herstellung von kundenspezifischen Lösungen für die klinische Ernährung sowie automatische Infusionspumpen erzielt. Auch der Absatz von Produkten aus dem Bereich der Regionalanästhesie wurde gesteigert. Zahlreiche Launches neuer Produkte unterstützten das Wachstum: zum Beispiel konnte mit der Weiterentwicklung eines neuen Infusionspumpensystems, der Compact Plus, ein flexibles und vernetzbares System an den Markt gebracht werden. Es zeichnet sich besonders durch seine intuitive Bedienbarkeit, hohe Robustheit und farbkodierte Medikamentendatenbank aus, die eine sichere Anwendung ermöglichen und gleichzeitig ökonomischen Zielen gerecht werden. Als Portfolioergänzung führte die Sparte zudem Ibuprofen-Präparate als „Ready-to-use“-Produkt sowie Viant, ein neues parenterales Multivitaminpräparat, im Markt ein.

Die Sparte Aesculap erwirtschaftete im Berichtsjahr einen Umsatz von 1.824 Millionen Euro (Vorjahr: 1.786 Millionen Euro) und lag somit 2,1 Prozent über dem Vorjahr (zu konstanten Wechselkursen 5,3 Prozent). Die wesentlichen Wachstumstreiber waren China, Deutschland, Russland, Spanien, USA und Polen. Zusätzliche Wachstumsimpulse kamen vor allem aus Argentinien, Australien, Vietnam, Mexiko und der Türkei. Sehr erfreulich entwickelte sich das Produktgeschäft in den Bereichen Angioplastie, Endoskopie, Nahtmaterial, High Speed Power Systems sowie Access Ports. Hierzu trugen auch Produktneuheiten wie Ennovate bei, ein Pedikelschrauben-System, das in der Wirbelsäulenchirurgie eingesetzt wird oder das Highspeed Motorensystem für die Neuro-und Wirbelsäulenchirurgie, ELAN 4. Zudem ist die Ausweitung des Angebotes im Rahmen von Dienstleistungen und digitalen Produkten zu erwähnen, die den strategischen Ansatz der Systempartnerschaft vorantreiben.

Die Sparte Out Patient Market (OPM) erreichte einen Umsatz von 841 Millionen Euro (Vorjahr: 828 Millionen Euro) und erzielte damit eine Steigerung von 1,6 Prozent gegenüber dem Vorjahr (zu konstanten Wechselkursen 4,3 Prozent). Ein starkes Umsatzwachstum konnte in den USA erzielt werden, aber aufgrund der Kursentwicklung des US-Dollars fällt die Steigerung in Euro deutlich geringer aus. Wachstumstreiber waren zudem China, Großbritannien und die Tschechische Republik. In Deutschland entwickelte sich der in 2017 erworbene Fachhändler und Dienstleister B. Braun prolabor sehr gut.

Die Sparte konzentrierte sich auf die kontinuierliche Weiterentwicklung der Produktbereiche Urologie, Stomaversorgung, Händedesinfektion und Wundversorgung. So konnte im Berichtsjahr die verbesserte

Version des Einmalkatheters ActreenR Hi-Lite zur Marktreife gebracht werden, der diskret transportierbar ist und verbesserte Anwendungsmerkmale aufweist.

Der Umsatz der Sparte B. Braun Avitum steigerte sich im Berichtsjahr um 4,9 Prozent (zu konstanten Wechselkursen 8,4 Prozent) auf 1.082 Millionen Euro (Vorjahr: 1.031 Millionen Euro).

Der Betrieb von weltweit 400 Dialysezentren, in denen nahezu 32.000 Patienten versorgt werden, entwickelte sich positiv, vor allem durch Akquisitionen in Portugal, Australien, Neuseeland sowie durch Erweiterung des Kliniknetzes in Russland, der Tschechischen Republik und der Schweiz.

Im Produktgeschäft erreichte die Sparte eine gute Umsatzentwicklung bei Verbrauchsprodukten und Dialysemaschinen. 2018 stand vor allem die Steigerung der Behandlungsqualität und Effizienz im Bereich der extrakorporalen Blutbehandlung im Mittelpunkt. Dabei lag der Fokus auf der  Erweiterung der Funktionalitäten des Akutsystems Omni sowie auf dem neuen Hämodialysesystem Dialog IQ. Diese zeichnen sich durch zahlreiche Optimierungen im Bedien- und Patientenkomfort sowie der konsequenten Umsetzung wirtschaftlicher und medizinischer Ansprüche aus. Im Bereich Serviceprovider konnte B. Braun Avitum für Deutschland ein innovatives Konzept für die Hämodialysebehandlung von chronischen Patienten im eigenen häuslichen Umfeld einführen. Dieses Konzept wird durch eine Cloud-basierte Lösung unterstützt, die alle datenschutzrechtlichen Anforderungen erfüllt.

Die Entwicklung in den Regionen
In Deutschland konnte trotz eines sehr wettbewerbsintensiven Umfelds eine erfreuliche Umsatzsteigerung um 2,5 Prozent auf 1.163 Millionen Euro erzielt werden.

Europa (ohne Deutschland) erreichte zu konstanten Wechselkursen eine sehr gute Umsatzsteigerung von 7,1 Prozent auf 2.274 Millionen Euro, entsprechend einem Wachstum in Euro von 4,5 Prozent. Stark zeigten sich die Märkte Russland, Tschechische Republik, Slowakei, Polen, Niederlande, Belgien, Großbritannien sowie die Schweiz.

Die Region Asien-Pazifik erwies sich in lokalen Währungen zum Teil stark und erhöhte die Umsätze um 4,4 Prozent. In Euro lag das Wachstum bei 0,4 Prozent, wodurch der Umsatz auf 1.241 Millionen Euro anstieg. Wachstumstreiber waren China, die Philippinen und Vietnam.

Nordamerika erzielte in US-Dollar mit 5,4 Prozent eine gute Entwicklung im Umsatz, was in Euro einem Plus von 0,8 Prozent entspricht.

In Lateinamerika wurde die gute Entwicklung von +9,2 Prozent in den Märkten signifikant durch Abwertungen der lokalen Währungen insbesondere in Argentinien und Brasilien beeinträchtigt. In Euro musste daher ein Rückgang im Umsatz um 5,1 Prozent gegenüber dem Vorjahr verzeichnet werden; es wurden 417 Millionen Euro erreicht.

Die Region Afrika und Naher Osten zeigte einen Umsatz von 217 Millionen Euro und blieb in lokalen Währungen mit +0,8 Prozent auf dem Niveau des Vorjahres. Währungskursveränderungen reduzierten den Umsatz jedoch um ein Prozent gegenüber dem Vorjahr.

Investitionen und Ausgaben für Forschung und Entwicklung weiter auf hohem Niveau
2018 investierte der Konzern erneut über eine Milliarde Euro. Nach 1.285 Millionen Euro im Jahr 2017 flossen 2018 1.240 Millionen Euro vor allem in die Erweiterung von Produktionskapazitäten sowie in die Entwicklung neuer Produkte und Verfahren. Zusätzlich sicherten gezielte Akquisitionen Zugang zu Technologien und Märkten in strategisch wichtigen Geschäftsfeldern.

Die Sparte Hospital Care erweiterte ihre globalen Kapazitäten für großvolumige Infusionslösungen in Spanien, Indonesien, Rumänien und Argentinien sowie in den USA, hier unter anderem am neuen Standort Daytona Beach, Florida. In Kenia wurde ein Hersteller von Infusionslösungen erworben.

In Penang, Malaysia, wurden 2018 mehrere neue Fertigungen offiziell eröffnet. Schwerpunkte bilden die Produktionen für Einmalartikel und Lösungen für die Infusionstherapie sowie für chirurgische Instrumente. Am Standort Penang wurden in den letzten neun Jahren rund 700 Millionen Euro investiert. Dieser ist mit rund 7.700 Beschäftigten einer der größten Standorte des B. Braun-Konzerns.

Die Sparte Aesculap setzte die Automatisierung der Fertigung im Bereich Closure Technologies fort und stärkte den Ansatz eines ganzheitlichen Therapieansatzes in der Herz-Thorax-Chirurgie über gezielte Akquisitionen.

Auch die Sparte OPM investierte in Penang in die Fertigung von Penkanülen. In Frankreich wurde mit der Realisierung eines Masterplans für den Ausbau von Produktionskapazitäten sowie der Erneuerung der Sterilisation begonnen und in den USA die Entwicklung einer ambulatorischen Pumpe fortgeführt.

Die Sparte B. Braun Avitum eröffnete im Berichtsjahr in Wilsdruff bei Dresden Europas modernste Fabrik für Dialysefilter. Mit Investitionen von rund 100 Millionen Euro wurden hier 140 Arbeitsplätze geschaffen. Im Providergeschäft, dem Betrieb von Dialysezentren, konnten weitere Marktanteile gewonnen werden. Hier lagen die Schwerpunkte im Ausbau bestehender Dialysezentren, dem Bau neuer Zentren sowie der Übernahme von Zentren in verschiedenen Ländern.

Fast 64.000 Mitarbeiter weltweit
Zum 31. Dezember 2018 beschäftigte der B. Braun-Konzern 63.751 Mitarbeiter. Das sind 3,5 Prozent mehr als im Vorjahr (61.583 Beschäftigte).

In Deutschland erhöhte sich die Zahl der Beschäftigten um 2,9 Prozent auf 15.860 (Vorjahr: 15.415). Neben einem weiteren Aufbau von Produktionskapazitäten und der Inbetriebnahme des B. Braun Avitum-Standorts Wilsdruff für die Dialysefilter-Produktion wirkte sich hier die Akquisition und Gründung von Dialysezentren und Vertriebsgesellschaften aus.

Die Qualifizierung über vielfältige Angebote der Berufsausbildung hat für B. Braun auch im Hinblick auf den demografischen Wandel einen hohen Stellenwert. In Deutschland sind zurzeit 801 junge Menschen in Ausbildung. 229 Auszubildende beendeten 2018 erfolgreich ihre Ausbildung und erhielten ein Übernahmeangebot. 94 Auszubildende absolvierten zusätzlich zur dualen Ausbildung ein Studium an einer Berufsakademie oder Hochschule. An den Standorten in Brasilien, Malaysia, Vietnam und der Schweiz absolvieren derzeit 233 junge Menschen eine Ausbildung, 119 schlossen diese in 2018 ab.

Ausblick
„Für das Geschäftsjahr 2019 erwarten wir, dass der Konzern auf der Umsatz- und Ergebnisseite wachsen wird“, machte Anna Maria Braun in ihrem Statement deutlich. Das Umsatzwachstum werde sich bei konstanten Wechselkursen zwischen fünf und sieben Prozent bewegen. „Es ist unser klares Ziel, die Entwicklung auf der Ergebnisseite voranzutreiben und mit dem Engagement aller Mitarbeiter gemeinsam zu wachsen“, so Braun. Durch Innovationsgeist, den Ausbau und die Entwicklung neuer Märkten sowie die kontinuierliche Digitalisierung des Portfolios und interner Prozesse, werde es auch zukünftig gelingen, die lang­fristige Wettbewerbsfähigkeit des Konzerns zu sichern.

Informationen zu B. Braun finden Sie unter www.bbraun.de
Den aktuellen Geschäftsbericht finden Sie unter www.bbraun.de/gb2018

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Moving fast: concurrent design with Valispace at AIRBUS

Valispace has been selected by Airbus, to provide a collaborative engineering software for their technology roadmapping activities.

Valispace is a browser-based collaborative engineering software, in which engineers create the product they are designing. All values and formulas of the different disciplines are connected, so that changes in one engineering discipline directly ripple through to the complete design. It allows for an agile and cost-saving hardware engineering process along the complete product lifecycle. Valispace is easy to integrate into an engineering workflow thank to interfaces with Word, Excel, MATLAB and other tools.

At Airbus, Valispace is used to make data-driven decisions about which technology and research to invest in. Different technologies from a portfolio are linked to each other, highlighting future synergies and opportunities. Technology evolutions are predicted, compared and evaluated, and products are mapped to this roadmap. As a result, evidence based R&D funding decisions can be made and market observation and technical follow-up can be performed in real-time with minimum effort.

“Concurrent engineering software such as Valispace is key to ensure that engineering teams understand and manage all interdependencies within multidisciplinary studies of complex hardware products”, explains Marco Witzmann, co-founder and CEO of Valispace. “We are very happy to have been selected by Airbus for their technology roadmapping activities and are confident that with our software they will be able to manage the planning for the upcoming decades of the Airbus technology portfolio. The key advantage we provide is the increased efficiency and speed with which technical and strategic teams operate. With our software, technology trade-offs, impact analysis and prototypical comparisons of hardware designs take days instead of months.”

Valispace is a browser-based software that enables engineers to collaboratively design better complex hardware products. To learn more, visit www.valispace.com

To learn more about evidence-based Technology Roadmapping, read our blog-entry.

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ISRA is looking ahead with focus on growth

ISRA VISION AG (ISIN: DE 0005488100) – the TecDAX company for industrial image processing (machine vision) and one of the world’s leading suppliers of surface inspection solutions for web materials and of 3D machine vision applications held its ordinary Annual General Meeting on Tuesday (March 19th, 2019) in Darmstadt. For the financial year 2017/2018, the company once again had a profitable year with a growth of seven percent as well as a record profit; the company thus took a decisive step toward the medium-term revenue target of 200+, summarized CEO Enis Ersü in front of almost 400 shareholders present at the Darmstadtium congress center. "With the focus on innovations that will launch on the market during the year, we are clearly geared toward further growth.”

The look to the future created a positive mood at the Annual General Meeting among the shareholders who, due to the innovative advancement of technologies for the industrial automation, emphasized ISRA’s future sustainability: through the expansion of the product portfolio with INDUSTRIE 4.0 architecture, embedded systems, as well as software-based Production Analytics tools for detailed analyses of production and quality data, new potential arises for the Darmstadt-based technology group. In the future, the expanded business focus on Smart Factory Automation for the establishment of high-end automation technologies for the optimization of discrete manufacturing processes will also substantially contribute to the revenue.  For the current financial year, the company is striving for a clear, double-digit growth – not least due to acquisitions, some of which are at an advanced stage.

The shareholders, who also benefit from the positive development of the company, resolved to distribute a dividend of EUR 0.15 per share by a large majority. Thus, the Annual General Meeting followed the suggestion of the Executive Board and Supervisory Board and approved the increase in dividends by 27 percent for the financial year 2017/2018. Furthermore, Dr. Hans-Peter Sollinger, former Executive Board Member of Voith AG, has been elected to the Supervisory Board. The Annual General Meeting additionally discharged the Members of the Executive Board and the Supervisory Board for the financial year 2017/2018.

The detailed voting results for the individual agenda items are published under www.isravision.com/….

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Bluestone Closes Upsized $22 Million Bought Deal Financing

Bluestone Resources Inc. (TSXV:BSR | OTCQB:BBSRF) ("Bluestone" or the "Company" – https://www.commodity-tv.net/c/search_adv/?v=298837) is pleased to announce that that it has closed its previously announced increased bought deal financing (the “Offering”). The Offering was comprised of 12,800,000 units of the Company (the “Units”) at C$1.25 per Unit as well as an over-allotment of 5,141,321 Units for total gross proceeds of C$22,426,651.

Each Unit consisted of one common share of the Company (each, a “Share”) and one-half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each Warrant entitles the holder to acquire one Share for 24 months from the closing of the Offering at a price of C$1.65.

The Units issued pursuant to the Offering are subject to a statutory hold period in Canada expiring on July 20, 2019.

The Company plans to use the net proceeds from the Offering towards advancing the Company’s Cerro Blanco Gold project and for general corporate purposes.

The Offering was made through a syndicate of underwriters led by Cormark Securities Inc. and included Haywood Securities Inc., Canaccord Genuity Corp., GMP Securities L.P., Macquarie Capital Markets Canada Ltd., National Bank Financial Inc., and PI Financial Corp. (collectively, the “Underwriters”). The Corporation paid to the Underwriters a cash commission equal to 6.0% of the aggregate gross proceeds of the Offering and a reduced a cash commission of 3.0% on Units sold to certain insiders of the Company (collectively, the “Underwriting Fee”). The Company paid no Underwriting Fee to the Underwriters on orders from certain retail groups designated by the Company.

Insiders of the Company purchased an aggregate of 6,164,221 Units pursuant to the Offering. Zebra Holdings and Investments S.à.r.l (“Zebra”), CD Capital Natural Resources Fund III LP (“CD”) and Lorito Holdings S.à.r.l (“Lorito” and together with Zebra and CD, the “Significant Shareholders”), held 23.70%, 16.71% and 12.53%, respectively, of the issued and outstanding common shares in the capital of the Company, on a non-diluted basis, prior to the closing of the Offering. Pursuant to the Offering, Zebra subscribed for 2,845,262 Shares, CD subscribed for 1,320,000 Shares and Lorito subscribed for 1,503,959 Shares. Following completion of the Offering, Zebra, CD and Lorito hold 17,976,262, 11,986,333 and 9,501,959 Shares, respectively, representing 21.98%, 14.65% and 11.62%, respectively, of the issued and outstanding Shares. The Company has relied on the exemptions from the valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”) contained in sections 5.5(b) and 5.7(a) of MI 61-101 in respect of such insider participation. The Company did not file a material change report 21 days prior to closing of the Offering as the participation of insiders of the Company in the Offering had not been confirmed at that time.

This news release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the Unites States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements.

About Bluestone Resources

Bluestone Resources is a mineral exploration and development company that is focused on advancing its 100%-owned Cerro Blanco Gold and Mita Geothermal projects located in Guatemala. A Feasibility Study on Cerro Blanco returned robust economics with a quick pay back. The average annual production is projected to be 146,000 ounces per year over the first three years of production with all-in sustaining costs of $579/oz (as defined per World Gold Council guidelines, less corporate general and administration costs). The Company trades under the symbol “BSR” on the TSX Venture Exchange and “BBSRF” on the OTCQB.

On Behalf of Bluestone Resources Inc.

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.

Forward Looking Statements

This press release contains “forward-looking information” within the meaning of Canadian securities legislation and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”).  All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including, without limitation: the use of proceeds of the Offering and estimates of the average annual projected production are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of the Company based on information currently available to Bluestone and often use words such as “expects”, “plans”, “anticipates”, “estimates”, “intends”, “may” or variations thereof or the negative of any of these terms.

All forward-looking statements are made based on the Company’s current beliefs as well as various assumptions made by them and information currently available to them.  Generally, these assumptions include, among others: the ability of Bluestone to carry on exploration and development activities; the price of gold, silver and other metals; there being no material variations in the current tax and regulatory environment; the exchange rates among the Canadian dollar, Guatemalan quetzal and the United States dollar remaining consistent with current levels; the presence of and continuity of metals at the Cerro Blanco Project at estimated grades; the availability of personnel, machinery and equipment at estimated prices and within estimated delivery times; metals sales prices and exchange rates assumed; appropriate discount rates applied to the cash flows in economic analyses; tax rates and royalty rates applicable to the proposed mining operation; the availability of acceptable financing; anticipated mining losses and dilution; success in realizing proposed operations; anticipated timelines for community consultations and the impact of those consultations on the regulatory approval process.

Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, Bluestone. Factors that could cause actual results or events to differ materially from current expectations include, among other things: risks relating to variations in the mineral content within the mineral identified as mineral resources from that predicted; risks and uncertainties related to expected production rates, timing and amount of production and total costs of production; risks and uncertainties related to ability to obtain or maintain necessary licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining development activities; risks and uncertainties related to the accuracy of mineral resource estimates and estimates of future production, future cash flow, total costs of production and diminishing quantities or grades of mineral resources; risks associated with geopolitical uncertainty and political and economic instability in Guatemala; risks and uncertainties related to interruptions in production; the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations; uncertain political and economic environments and relationships with local communities; variations in rates of recovery and extraction; developments in world metals markets; risks related to fluctuations in currency exchange rates; as well as those factors discussed under “Risk Factors” in the Company’s Amended and Restated Annual Information Form, a copy of which has been filed on the Company’s profile on SEDAR at www.sedar.com.

Any forward-looking statement speaks only as of the date on which it was made, and except as may be required by applicable securities laws, Bluestone disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although Bluestone believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to their inherent uncertainty.  There can be no assurance that forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.

Non-IFRS Financial Performance Measures

The Company has included certain non-International Financial Reporting Standards (“IFRS”) measures in this new release. The Company believes that these measures, in addition to measures prepared in accordance with IFRS, provide investors an improved ability to evaluate the underlying performance of the Company and to compare it to information reported by other companies. The non-IFRS measures are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. These measures do not have any standardized meaning prescribed under IFRS, and therefore may not be comparable to similar measures presented by other issuers.

All-in sustaining costs

The Company believes that all-in sustaining costs (“AISC”) more fully defines the total costs associated with producing gold.

The Company calculates AISC as the sum of refining costs, third party royalties, site operating costs, sustaining capital costs and closure capital costs all divided by the gold ounces sold to arrive at a per ounce amount. Other companies may calculate this measure differently as a result of differences in underlying principles and policies applied. Differences may also arise due to a different definition of sustaining versus non-sustaining capital.

AISC reconciliation

ASIC is calculated based on the definitions published by the World Gold Council (“WGC”) (a market development organization for the gold industry comprised of and funded by 18 gold mining companies from around the world). The WGC is not a regulatory organization.

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

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Infinity secures 75% Ownership of San Jose Lithium Project

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HIGHLIGHTS

  • Infinity increases ownership from 50% to 75% of the San Jose Lithium Project
  • Infinity and the Project are now well positioned to attract strategic investment
  • Movement from lithium carbonate to lithium hydroxide pathway has driven renegotiation of the JV – positive outcome optimally aligns project and partners
  • Local JV partner to receive reimbursement for previous expenditure and for transfer payments (this totals €1 million in staged payments until mid-2020)
  • Local JV partner retains preferred contractor rights ensuring alignment of goals and focus on project development

Infinity Lithium Corporation Limited (ASX:INF) (‘Infinity’, or ‘the Company’) http://www.commodity-tv.net/c/search_adv/?v=298809 is pleased to advise it has successfully completed a renegotiation of the San Jose Lithium Project (‘San Jose, or ‘the Project’) Joint Venture (‘JV’) agreement with local partner Valoriza Mineria S.A. (‘Valoriza Mineria’) resulting in the immediate acquisition of a further 25% in the JV entity Tecnolgia Extremena Del Lito S.L. (‘TEL’).

Infinity’s CEO and Managing Director, Ryan Parkin commented “Infinity is delighted to announce the progression of project ownership to 75% as we enter a period of increasing engagement of potential strategic partners and move towards the delivery of the San Jose Lithium Project pre-feasibility study.  European lithium-ion battery supply chain developments have recently accelerated. The ability to continue to align our goals to work collaboratively with our JV partners in progressing commercial discussions with key European and other industry participants provides immediate value to the Project. The resulting acceleration in project ownership reflects the alignment of the Project towards lithium hydroxide opportunities and the relevance of that product in one of the world’s largest electric vehicle markets”.

Commercial Terms:

As previously announced, under the original JV agreement (ASX announcement 14 June 2016) with Valoriza Mineria, Infinity was able to earn-in to a 75% interest through the delivery of a feasibility study on lithium carbonate production with an agreed budget of €2.5 million.  Valoriza Mineria was the preferred contractor for all works within the feasibility study and had completed some work including land access, public relations, and environmental base line studies.  The revised JV agreement terms now enables Infinity to assume 75% interest in the Project with the immediate payment of €250,000 and additional ongoing payment commitments totalling €750,000 payable within 14 months or by 13 May 2020.

The key commercial terms of the renegotiated JV agreement are contained in the Appendices of this announcement.

Strategic Importance of San Jose in the European LIB Supply Chain:

As the Company has advised, the lithium market is increasingly demanding lithium hydroxide to supply the growing lithium-ion battery (‘LIB’) industry.  San Jose is extremely well placed geographically to satisfy increasing European demand for battery grade lithium hydroxide and address increasingly important supply chain sustainability and carbon emission requirements.  Additionally, it benefits via its potential ability to deliver lithium hydroxide or other lithium battery chemicals directly from hard rock lithium resources without having to go through an intermediate lithium carbonate production stage.

The fully integrated San Jose Lithium Project, located in the Extremadura region of Spain, retains increasing strategic importance in the context of burgeoning lithium-ion battery investment in the European Union (‘EU’) and the United Kingdom (‘UK’).  The recently attended European Battery Association EBA250 conference in Brussels (ASX announcement 1 February 2019) noted the significant focus on raw materials and chemical processing capabilities in Europe, and the significant gap in the availability of lithium chemicals within Europe in its current environment. 

Maros Sefcovic (Vice President of the European Commission) recently noted that mines are opening or re-opening and that the EC “have also identified a gap linked to Europe’s refining capabilities for lithium.  We clearly have to cover this gap… because the demand for processed refined lithium will be quite big in Europe, so it makes sense to have lithium refining capacities here…. It’s only logical that we should have the whole value chain in Europe”.

The EC, through Mr Sefcovic, continue to progress addressing this key component essential for the European EV industry and the importance to consider both regularity and financial assistance “We are ready to discuss not only the regulatory aspects of course but also financial assistance – be it under the Important Projects of Common European Interest (IPCEI) or under Public Private Partnerships with the European Investment Bank (EIB).”

A further consideration is the increasing importance of the environmental sustainability of supply and the carbon footprint of all aspects of the supply chain in the production of European EV (ASX announcement 12 March 2019).  San Jose is not only ideally located within the EU and thus logical advantages in the carbon footprint in terms of transportation and freight, it further benefits from the availability of key reagents in the industrial production process that are readily available within Spain.

APPENDIX 1: KEY COMMERCIAL TERMS

  • Immediate transfer of 25% interest whereby €250,000 is paid upon execution of the amended JV agreement, resulting in the immediate transfer of shares in TEL to Infinity’s wholly owned Spanish subsidiary Extremadura Mining S.A.
  • Ongoing additional staged payment commitments totalling €750,000 payable within 14 months or by 13 May 2020. Therefore, the total payment amounts payable in consideration of 25% project interest in TEL through the immediate and subsequent staged payments amounts to €1,000,000.
  • Infinity retains the right to forgo subsequent staged payments, revert to 50% project interest and earn-in to 75% through the delivery of a lithium chemicals feasibility study. The delivery of the feasibility study would be required within 18 months of Infinity’s election and notification provided to Valoriza Mineria to forgo subsequent staged payments.  Infinity retains the right to extend the delivery of the feasibility study for a further 12 months through payment of €100,000 in the event that the feasibility study was not delivered within the initial 18 month period.
  • The Agreement contains a mechanism in which project ownership can be increased to 100% by either a Put or Call Option held between parties. The Option has an exercise value of €10 million and lapses upon project development. The Put Option is only valid upon the Decision to Mine and the majority is payable from project sales revenue.
  • Valoriza Mineria to continue as preferred contractor through their globally recognised civil engineering and construction entities, continue to provide services in environmental, hydrological, social and in-country liaison.

APPENDIX 2: OWNERSHIP INTEREST IN TEL RETAINED BY SPANISH ENTITIES – STRONG ONGOING PARTNERSHIP BETWEEN EXTREMADURA MINING & VALORIZA MINERIA

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Wicheeda Deposit 30 Tonne Bulk Sample Returns 4.81% Light Rare Earth Oxide Head Grade

Defense Metals Corp. (“Defense Metals” or the “Company”) (TSX-V: DEFN/ DFMTF: OTCQB / 35D: FSE) is pleased to announce that SGS Canada Inc. (“SGS”) has provided initial composite head assay results for the 30 tonne bulk sample collected from its Wicheeda Property.

Select head assay results for the 30 tonne bulk sample include 1.77% lanthanum-oxide, 2.34% cerium-oxide, 0.52% neodymium-oxide, and 0.18% praseodymium-oxide which the Company considers significant, for a total of 4.81% LREO (light rare-earth oxide) (see Figure 1 below).

The results confirm, in conjunction with previous metallurgical head grades returned from smaller drill core samples, the presence of significant praseodymium values.  Praseodymium values are only available for 4 of the 14 previous diamond drill holes that define the Wicheeda deposit. The Company considers the results to significant to the advancement of the Wicheeda Property given recent indicative LREE oxide prices and their potential impact on Wicheeda, which has been historically viewed as a cerium-lanthanum-neodymium deposit (see Table 1 below).

Max Sali, CEO and Director of Defense Metals commented “We look forward to building on these positive initial results, which will form the basis from which to gauge the success of subsequent test phases including bench-scale flotation optimization and hydrometallurgical testing, which are preparatory to initiation of larger scale pilot plant testing on the full 30 tonne sample.”

The Company is confident that completion of laboratory and pilot plant metallurgical test programs on the bulk sample will significantly advance the understanding and development of the Wicheeda rare earth element deposit through larger scale pilot plant scale validation of process metallurgy, generation of design quality data for engineering, and the production of REE product samples for potential offtake partners.

Important Rare Earth Element Industrial and Technology Uses

Neodymium/ praseodymium is used to create high-power Neodymium-iron-boron (NdFeB) magnets. These magnets are a key technology in the Defense, Clean Energy, Consumer Electronics and Electric Vehicle sectors.

Common uses of neodymium-iron-boron (NdFeB) magnets include computer hard disk drives, wind turbine generators, speakers/headphones, MRI scanners, cordless tool motors, motors in hybrid and electric vehicles, in addition to aerospace and military applications.

Neodymium is among a mix of rare earth elements found in the nickel metal hydride (NiMH) batteries of a range of plug-in electric and hybrid vehicles, including GM’s EV1, Honda EV Plus, the Ford Ranger EV and the Toyota Prius.

The anode of a NiMH cell is most commonly a mix of lanthanum, cerium, neodymium and praseodymium.

The only significant non-Chinese REE supplier is Australia’s Lynas Corp., which processes its REEs in Malaysia. North America has one mine, which ships its rare earths to China for processing.

About SGS Canada Inc.

By incorporating an integrated approach, SGS delivers testing and expertise throughout the entire mining life cycle. With a network of over 450 commercial, multi-purpose and on-site laboratories globally, SGS is uniquely positioned to provide fit-for-purpose solutions and testing capabilities from early exploration to end-product certification and closure to the mining industry.  SGS’ services encompass the skills of qualified geologists and mining professionals to provide accurate and timely mineral evaluation and consulting services in a wide range of commodities including precious and base metals, rare earth element minerals, uranium and naturally occurring radioactive material, industrial minerals, iron ore and hydrocarbons.

About The Wicheeda Property

The Wicheeda Property located approximately 80 km northwest of the city of Prince George, British Columbia, is readily accessible by all-weather gravel roads and is close to major infrastructure including nearby working power transmission lines, railway and major highways. Geologically, the property is situated in the Foreland Belt and within the Rocky Mountain Trench, a major continental geologic feature.  The Foreland belt contains part of a large alkaline igneous province stretching from the Canadian Cordillera to the southwestern United States and hosts several carbonatite and alkaline complexes among which are the Aley (niobium), Rock Canyon (REE), and Wicheeda (REE) alkaline complexes that contain the highest concentrations of Rare Earth Elements minerals.

The Wicheeda Property is underlain by Kechika Group metasedimentary rocks that are intruded by a southeast-trending carbonatite. The Wicheeda carbonatite is a deformed plug or sill approximately 250 metres in diameter that hosts significant REE mineralization. The intrusion comprises a ferroan dolomite carbonatite core, which passes gradationally outward into calcite carbonatite. The REE mineralization is hosted by the dolomite carbonatite.

Methodology and QA/QC

The 30 tonne Wicheeda deposit bulk sample was trucked to SGS’ Lakefield, ON facility.  Upon receipt at SGS the sample was inventoried (i.e. bag counts and gross weights), then placed in a containment area on a clean concrete pad. The entire sample was jaw crushed to nominal 1 inch, and homogenized/blended via backhoe. A 400 kg sample representative sample was then selected and further homogenized by tumbling and crushed to ½ inch. Half of the 400 kg sample was retained for future testing. The primary 200 kg sample was then crushed to 6 mesh (3.36 mm), homogenized and split into 10 kg charges.  Two of the 10 kg charges were combined and split into 2 kg charges, from one of which 150 g was pulverized to 80% passing 75 micron. Major element, and lanthanum and neodymium oxides, and loss on ignition (LOI) were determined by whole rock analysis, via lithium-borate fusion of a 0.5 gram sample analyzed via wavelength dispersion X-ray fluorescence (WD-XRF). The remaining rare earth elements were determined via 0.5 gram sodium-peroxide fusion multi-element ICP-MS.

The SGS analysis included a quality assurance / quality control (QA/QC) program including the insertion of rare earth element standard and blank samples. Defense Metals detected no significant QA/QC issues during review of the data. SGS Minerals Lakefield is an ISO/IEC 17025 and ISO9001:2015 accredited. SGS is independent of Defense Metals Corp.

Qualified Person

The scientific and technical information contained in this news release as it relates to the Wicheeda Property has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration company focused on the acquisition, exploration and development of minerals, metals and elements commonly used in the protection of our nation and other nations abroad. Defense Metals Corp. trades under “DEFN” on the TSX Venture Exchange. The Company owns (i) a 100% interest in prospective uranium claims in the Athabasca Basin, Saskatchewan totalling approximately 9,362.65 hectares; (ii) has an option to acquire 100% of the Wicheeda Rare Earth Element Project located in Prince George, British Columbia; and (iii) has an option to acquire 100% of the Lac Burge gold property located approximately 215 km northeast of Val d’Or, Quebec.

Contact Information – For more information, please contact:

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

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 news release.

Forward Looking Information

This news release includes certain statements that constitute “forward-looking information” within the meaning of applicable securities law, including without limitation, the Company’s plans for its properties/projects, plans for bench-scale flotation optimization and hydrometallurgical testing, which are preparatory to initiation of larger scale pilot plant testing on the full 30 tonne sample, other statements relating to the technical, financial and business prospects of the Company, and other matters.

Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or “intends”, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved), and variations of such words, and similar expressions are not statements of historical fact and may be forward-looking statements. Forward-looking statement are necessarily based upon a number of factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements express or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, anticipated costs and the ability to achieve goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, and that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company’s planned exploration activities will be available on reasonable terms and in a timely manner. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks.

Forward-looking statements are subject to a variety of risks and uncertainties, which could cause actual events, level of activity, performance or results to differ materially from those reflected in the forward-looking statements, including, without limitation: (i) risks related to gold, copper, uranium, rare earth elements, and other commodity price fluctuations; (ii) risks and uncertainties relating to the interpretation of exploration results; (iii) risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses; (iv) that resource exploration and development is a speculative business; (v) that the Company may lose or abandon its property interests or may fail to receive necessary licences and permits;  (vi) that environmental laws and regulations may become more onerous;  (vii) that the Company may not be able to raise additional funds when necessary; (viii) the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations; (ix) exploration and development risks, including risks related to accidents, equipment breakdowns, labour disputes or other unanticipated difficulties with or interruptions in exploration and development; (x) competition; (xi) the potential for delays in exploration or development activities or the completion of geologic reports or studies; (xii) the uncertainty of profitability based upon the Company’s history of losses; (xiii) risks related to environmental regulation and liability; (xiv) risks associated with failure to maintain community acceptance, agreements and permissions (generally referred to as “social licence”), including local First Nations; (xv) risks relating to obtaining and maintaining all necessary government permits, approvals and authorizations relating to the continued exploration and development of the Company’s projects; (xvi) risks related to the outcome of legal actions; (xvii) political and regulatory risks associated with mining and exploration; (xix) risks related to current global financial conditions; and (xx) other risks and uncertainties related to the Company’s prospects, properties and business strategy. These risks, as well as others, could cause actual results and events to vary significantly.

Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, the loss of key directors, employees, advisors or consultants, adverse weather conditions, increase in costs, equipment failures, litigation, failure of counterparties to perform their contractual obligations and fees charged by service providers. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

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DEUTZ AG: DEUTZ with record growth in 2018

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– Revenue target comfortably exceeded, sharp increase in profitability
– Strong order book ensures good capacity utilization
– Further growth and further increase in profitability expected in 2019 

"2018 was a very successful year for DEUTZ," says Dr Frank Hiller, Chairman of the Board of Management of DEUTZ AG. "We comfortably exceeded our revenue target and registered a sharp increase in profitability. Our E-DEUTZ strategy is already bearing fruit and is an important step on our path to becoming a leading global manufacturer of innovative drive systems. And our new three-pillar growth strategy for China means that we are now also strengthening our position in the world’s biggest engine market. For 2019, we expect a further increase in revenue and a further improvement in profitability towards our medium-term target of an EBIT margin before exceptional items of 7 to 8 per cent."

Double-digit growth in new orders and revenue

In 2018, the DEUTZ Group received orders worth EUR1,952.6 million, which was an improvement of 25.4 per cent compared with the prior-year figure of EUR1,556.5 million. All off-highway application segments as well as the service business registered increases. Orders on hand totalled EUR438.9 million as at 31 December 2018, a rise of 62.0 per cent compared with the figure of EUR270.9 million at the end of 2017. DEUTZ generated revenue of EUR1,778.8 million in 2018, which was 20.3 per cent higher than the figure of EUR1,479.1 million achieved in 2017. DEUTZ therefore comfortably exceeded the forecast, published in its 2017 annual report and reiterated in July 2018, of a marked rise in revenue to more than EUR1.6 billion.

Substantial increase in operating profit

Operating profit (EBIT before exceptional items) more than doubled in 2018, going up by EUR42.3 million to reach EUR82.0 million (2017: EUR39.7 million). This was mainly because of the higher volume of business and the resulting economies of scale as well as positive effects from the efficiency program. It was achieved in spite of several weeks of strike action at a supplier. Most of the negative effects resulting from this disruption, which occurred in the third quarter of 2018, were compensated for by reconfiguring production plans and initiating catch-up measures. DEUTZ also withdrew from the DEUTZ Dalian joint venture last year. The negative impact on earnings attributable to the joint venture in the first half of 2018 was slightly outweighed, as had been anticipated, by the proceeds generated from the sale of the shares in the fourth quarter of 2018. The EBIT margin before exceptional items improved from 2.7 per cent in 2017 to 4.6 per cent last year. At the start of the year, DEUTZ had expected a moderate increase in the EBIT margin before exceptional items. The improvement of 1.9 percentage points in the EBIT margin more than exceeded this initial forecast as well as the more specific forecast made in July 2018 of an EBIT margin of at least 4.5 per cent.

Prior-year result inflated by positive effects from exceptional items

Net income fell by EUR48.6 million to EUR69.9 million in 2018. This resulted in earnings per share of EUR0.58 (2017: EUR0.98). When adjusted for exceptional items recorded in the prior year, which mainly related to the sale of property and totalled EUR85.5 million after taxes, net income rose by EUR36.9 million. Adjusted earnings per share thus improved from EUR0.27 in the prior year to EUR0.58 last year.

Segment: DEUTZ Compact Engines

– Significant increase in new orders 
– Double-digit revenue growth in the main application segments: Material Handling up by 41.9 per cent, Construction Equipment up by 25.8 per cent, Agricultural Machinery up by 12.9 per cent 
– Substantial improvement in the EBIT margin before exceptional items to 4.3 per cent (up by 270 basis points) due to economies of scale and efficiency gains

DEUTZ Customised Solutions segment

– Very good performance in Q4 2018 due to the high level of orders on hand
– Service revenue advances by 10.1 per cent in 2018
– EBIT margin before exceptional items rises to 12.1 per cent (up by 220 basis points) on the back of an improved product mix and efficiency gains

Consistent dividend 

As in the prior year, the Board of Management and Supervisory Board of DEUTZ AG propose using EUR18.1 million of the accumulated income to pay a dividend of EUR0.15 per share. The dividend per share is therefore at the same level as in 2017. However, it has been funded exclusively from the operational business, whereas last year the intention of the dividend was to allow the shareholders to benefit from the completed property transactions. DEUTZ is aiming to maintain a dividend ratio of around 30 per cent of net income over a number of years.

Positive outlook for 2019

This year, DEUTZ’s engine business will benefit from persistently strong demand from customers. The start of 2019 has been characterised by a high level of orders on hand, which bodes very well for business in the first half of the year in particular.

For 2019 as a whole, DEUTZ expects revenue to increase to more than EUR1.8 billion. The EBIT margin (before exceptional items) is also forecast to improve to at least 5.0 per cent. This increase is likely to result mainly from the anticipated growth in revenue, but also from the various initiatives aimed at continuously increasing efficiency. The ongoing expansion of the service business will also help to improve overall profitability relative to 2018. DEUTZ is therefore expecting to take a further step towards its medium-term target (for 2022) of an EBIT margin before exceptional items of 7 to 8 per cent. The payment of the final instalment of the purchase consideration from the disposal of the Cologne-Deutz site could result in an exceptional item that would increase earnings by around EUR50 million in 2019.

Forward-looking statements

This release may contain forward-looking statements based on current assumptions and forecasts made by DEUTZ management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation or development of the company and the estimates given here. These factors include those discussed in DEUTZ’s public reports which are available at www.deutz.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

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Revival Gold amends brokered private placement

NOT FOR DISTRIBUION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the "Company" – http://www.commodity-tv.net/c/search_adv/?v=298437), a growth-focused gold exploration and development company, announces amended terms to the brokered private placement disclosed in a press release dated February 12, 2019.

Paradigm Capital Inc. and Medalist Capital Ltd. will act as co-lead agents on behalf of a syndicate of agents including PI Financial Corp. and Beacon Securities Limited to complete a brokered private placement of 7,000,000 units (each a “Unit”) at a price of C$0.72 per Unit for gross proceeds of C$5 million (the “Amended Private Placement”).  Each Unit will consist of one common share of the Company (a “Common Share”) and one-half of one common share purchase warrant (each whole warrant a “Warrant”).  Each Warrant will entitle the holder to acquire one Common Share for C$0.90 for a period of 3 years following the close of the offering.

The Amended Private Placement is expected to close on March 28, 2019 and is subject to regulatory approval.  All securities issued pursuant to the Amended Private Placement will have a hold period of four months and one day.

The Company intends to use the net proceeds from the Amended Private Placement to fund on-going exploration and development at the Company’s core Beartrack and Arnett Gold projects and for general corporate purposes.

The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any U.S. state security laws, and may not be offered or sold in the United States without registration under the U.S. Securities Act and all applicable state securities laws or compliance with requirements of an applicable exemption therefrom.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Revival Gold Inc.

Revival Gold Inc. is a growth-focused gold exploration and development company. The Company has the right to acquire a 100% interest in Meridian Beartrack Co., owner of the former producing Beartrack Gold Project located in Lemhi County, Idaho. Revival Gold also owns rights to a 100% interest in the neighbouring Arnett Gold Project. 

In addition to its interests in Beartrack and Arnett, the Company is pursuing other gold exploration and development opportunities and holds a 51% interest in the Diamond Mountain Phosphate Project located in Uintah County, Utah.

Revival Gold has approximately 42 million shares outstanding.  Additional disclosure of the Company’s financial statements, technical reports, material change reports, news releases and other information can be obtained at www.revival-gold.com or on SEDAR at www.sedar.com.

For further information, please visit www.revival-gold.com or contact:

Adam Rochacewich, VP and Chief Financial Officer
Andrea Totino, Investor Relations Manager            
Telephone: (416) 366-4100  
Email: info@revival-gold.com

In Europe:
Swiss Resource Capital AG
Jochen Staiger
info@resource-capital.ch  
www.resource-capital.ch

Cautionary Statement

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 news release.

This News Release includes certain "forward-looking statements" which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements, completion of the Private Placement, use of proceeds of the offering, receipt of all regulatory approvals and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to the inability to complete the Private Placement on the terms as announced or at all, failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital, operating and reclamation costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

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SFC Energy: Simark Controls signs sales cooperation agreement for EFOY Pro Hybrid Fuel Cell Solutions with Vector for South Western U.S.

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– Vector Controls and Automation Group will market SFC’s EFOY Pro Hybrid Fuel Cell Solutions to customers in Texas, Kansas, Oklahoma and New Mexico.
– With the partnership SFC gains direct sales access to the U.S. upstream oil & gas, water and waste water markets.

Simark Controls Ltd., a subsidiary of SFC Energy, a leading provider of hybrid power solutions to the stationary and mobile power generation markets, has signed an agreement with Vector Controls and Automation Group, LaPorte, TX (Houston, TX area) USA. In the framework of the cooperation, Vector will market SFC`s EFOY Pro Hybrid Fuel Cell Solutions to customers in Texas, Kansas, Oklahoma and New Mexico, USA. The cooperation expands SFC’s territorial range from Canada further into the South of the United States. Effective February 2019, Vector has started to market SFC’s EFOY Pro Hybrid Fuel Cell Solutions to their customers in the oil & gas, water and waste water industries.

SFC’s EFOY Pro Hybrid Fuel Cell Solutions are turnkey off-grid power solutions customized to power industrial applications away from the grid, reliably and autonomously, over long periods of time and even in severe weather conditions. The EFOY Pro Hybrid Fuel Cell Solution combines SFC Energy’s EFOY Pro fuel cells, solar modules, batteries, power management, fuel cartridges and – if required – customer equipment in weatherproof cabinets, boxes or on trailers. Power and performance can be flexibly adapted to meet the application’s specific off-grid requirements.

Hybrid EFOY Pro fuel cell / solar module configurations are becoming even more popular in industrial off-grid scenarios: In good weather the solar module will power the application. In bad weather or scenarios where Solar is not reliable, the fuel cell will automatically start operation and bridge the power gap to ensure uninterrupted system operation. The system is fully redundant: Even if solar is damaged or stolen, the fuel cell is sized to provide full power to the load.

“We are excited to include SFC’s EFOY Pro Hybrid Fuel Cell Solutions into our portfolio of instrumentation and automation solutions for the oil & gas, water and waste water industries”, says Larry Sims, VP of Sales of Vector Controls and Automation Group. “More and more devices must operate reliably away from the grid, 24/7. Bringing reliable off-grid power and power redundancy to these systems used to be a major challenge for our customers. Now, with SFC’s EFOY Pro Hybrid Fuel Cell Solutions, customers can be sure that their devices will operate in any situation, they save logistics effort and costly trips to the sites for battery exchanges or maintenance. We see a great potential for SFC’s solutions in our markets.”

“We are very happy that Vector, a well-established supplier of advanced instrumentation and automation solutions, is bringing the EFOY Pro Hybrid Fuel Cell Solutions to their customers in the South of the U.S.”, says Martin Curtis, Managing Director of Simark Controls and President Oil & Gas of SFC Energy. “This partnership further expands the market coverage of the successful EFOY Pro fuel cells in the U.S. Because of the many advantages they bring to off-grid applications, our EFOY Pro Hybrid Fuel Cell Solutions are replacing more and more battery, TEG or solar stand alone power systems in Canada and the U.S.”

Power generation in the EFOY Pro fuel cell is environmentally friendly, the fuel comes in convenient EFOY fuel cartridges and features a very high energy density, enabling extremely long system autonomy. EFOY Pro fuel cells can be remote controlled and are fully maintenance free.

Additional information on SFC Energy’s off-grid power portfolio for oil & gas, clean energy & mobility, industry and defense & security at www.sfc.com. Additional information on Simark Controls at www.simarkcontrols.com. Additional information on Vector Controls and Automation Group at vectorcag.com.

About Simark Controls Ltd.

Simark Controls Ltd.www.simark.com, a company of SFC Energy AG, is a service oriented, value added sales company specializing in custom integrated and manufactured solutions of high quality instrumentation, automation, energy and power products. Simark provides instrumentation & measurement systems, power components & drives, security & surveillance equipment for the oil & gas industry and mining, forestry & community supply markets. Simark is headquartered in Calgary, Alberta, with sales offices in Edmonton and Grande Prairie, Alberta, Saskatoon, Saskatchewan, Vancouver, British Columbia and Montreal, Quebec.

About Vector Controls and Automation Group

Vector Controls & Automation Group is a leading systems integration organization representing some of the top manufacturing brands in the industry. We have experienced application specialists in our Instrumentation, Automation, Analytical Solutions, Valve and Valve Automation and Technical Services divisions to support all process applications, controls & automation, and service needs. With Regional Support Centers and professionals located throughout Texas, New Mexico, Oklahoma, Arkansas, Kansas, and Missouri, Vector strives to achieve and provide the highest level of customer service along with the industry’s top technical professionals.

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