Paul McCartney Tickets at Little Caesars Arena in Detroit, MI Available at Low Prices at Ticket Down

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Detroit, MI (PRUnderground) April 26th, 2017

Ticket Down is a reputable source of authentic presale tickets for Paul McCartney in Detroit, MI at Little Caesars Arena. Sir Paul’s longtime fans in the Detroit, MI metro area can’t wait to see him perform live in concert this October.

He will be performing at the brand new state-of-the-art Little Caesars Arena in conjunction with the 2017 “One on One” Tour. For nearly six decades, Liverpool, England, native Paul McCartney has been wowing fans around the world with his music. As a solo artist and as a key member in The Beatles and Wings McCartney has written or co-written more than 30 songs that have reached the top of the Billboard singles charts in the United States.

The popular performer still enjoys performing live for his fans. McCartney will turn 75 years old in June, 2017 and he will be bringing his highly successful “One on One” Tour to many large cities in the United States during the summer months including Wichita, New York City, Syracuse, Tampa, Miami, Detroit and Newark.

McCartney has received numerous awards and accolades during his career. Among the most prestigious include being inducted into the Rock and Roll Hall of Fame as a solo artist, and being knighted by the queen in England for all his services to the music business. This legendary artist opened up the 2012 Summer Olympics in his native country of England and he sang “Hey Jude” to the packed Olympic Stadium. This is undoubtedly one of his most memorable appearances in his long and storied career. The entire world was watching him on July 27, 2012.

When McCartney first became a known commodity in the music business, it was along with Ringo Star, John Lennon, and George Harrison. That group was The Beatles and they took the world by storm and became one of the most influential groups of all time. McCartney and Lennon didn’t just enjoy performing together on stage, as the duo has long been considered one of the best writing partners in the history of music.

The Beatles single, “Yesterday,” is one of the most coveted songs of all-time and this song, and many others from their catalog together will hopefully be performed at Little Caesars Arena. Some of McCartney’s and the Beatles most beloved songs include: “Maybe I’m Amazed,” “Ticket to Ride,” “I Want to Hold Your Hand,” “Eleanor Rigby,” “A Day in the Life,” “Penny Lane,” “Hey Jude,” and “Strawberry Fields Forever.”

Little Caesars Arena will become the new home of the Detroit Pistons from the National Basketball Association and the Detroit Red Wings from the National Hockey League. It will replace two popular venues in Detroit that those teams call home: The Palace of Auburn Hills and Joe Louis Arena. This venue will likely be filled to capacity when Paul McCartney performs here on October 1, 2017.

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Ticket Down delivers tickets to sold out concerts and events worldwide when no one else can, and they do so at discounted prices. This popular ticket exchange also has authentic Paul McCartney in Detroit, MI at Little Caesars Arena in conjunction with his “One on One Tour.” Concertgoers can select from floor seats, front row seats, VIP seating, loge seats, parking passes and more. TicketDown.com and JP Media, LLC are not responsible for any errors or omissions in this release.

Note: Ticket Down is not associated with any musical artists or venues mentioned in this release. The names that are used in this release are purely for descriptive purposes. We are not affiliated with nor do we endorse any musicians or venues in this release.

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Blumenthal & Himes Introduce Bicameral Legislation to Strengthen Cruise Passenger Safety Laws

Wednesday, April 26, 2017

[WASHINGTON, D.C.] – Today, U.S. Senator Richard Blumenthal (D-CT) and U.S. Representative Jim Himes (D-CT) introduced the Cruise Passenger Protection Act (CPPA) to strengthen passenger safety on cruise ships. The bicameral legislation was led by Blumenthal and U.S. Senator Edward J. Markey (D-MA) in the Senate and U.S. Representatives Doris Matsui (D-CA), Ted Poe (R-TX) and Himes in the House of Representatives.

The CPPA would build on the passenger safety measures signed into law in the 2010 Cruise Vessel Security and Safety Act (CVSSA). The bill strengthens crime reporting and video surveillance requirements, improves medical standards, and holds cruise lines responsible for deaths at sea.

“Many cruise ships are the size of small towns – but with few emergency services and no law enforcement, these vessels are more Wild West than Atlantis,” said Blumenthal. “And when something goes wrong on a cruise ship, a dream vacation can quickly turn into a nightmare. Our legislation will ensure that consumers know the risks associated with cruise ship travel before they buy a ticket; and if their rights are violated, this bill will help ensure that they have a place to seek recourse.”

“Cruise ship safety strikes close to home in Connecticut’s Fourth District,” said Himes. “In 2005, a young man from Greenwich – George Smith IV – went missing while on his honeymoon cruise in the Mediterranean Sea. Since George disappeared, his family has fought tirelessly to improve safety on cruise ships and to protect cruise ship passengers. The fight continues today with the Cruise Passenger Protection Act. This bill bolsters current law with tighter crime reporting, expanded video surveillance equipment and record-keeping requirements, and streamlined tracking and public reporting of alleged crimes on cruise ships. Safety improvements like these will help prevent more avoidable tragedies.”

Blumenthal has introduced the Cruise Passenger Protection Act in the previous two Congresses. Since the legislation was first introduced, he has also led efforts to ensure the public reporting of cruise line crime statistics and results of safety checks. In 2015, Blumenthal successfully amended the Coast Guard Reauthorization Bill to require the Coast Guard issue a report on the implementation of man-overboard technology by cruise lines. Despite its life-saving potential, cruise lines have been slow to implement the technology and secretive about their plans for doing so.

“With serious safety and health incidents continuing to occur on cruise ships every year, we need to put measures in place to protect passengers who need medical services or become victims of crime,” said Markey. “I am proud to join my colleagues in supporting federal legislation that puts in places basic protections for the millions of Americans who take cruises.”

“Standards for victims’ rights should be strong whether on land or at sea,” said Matsui. “The Cruise Vessel Security and Safety Act made important progress in strengthening protections for passengers, but we have much more work to do. This legislation strengthens existing reporting laws and raises consumer protection standards, so families have the peace of mind they deserve when they board a cruise ship. I am grateful to the victims and their families who have come forward and continue to be essential voices in our work to improve cruise safety through legislative reform.”

“When American citizens board a cruise ship, they expect a peaceful escape,” said Poe. “But the reality is that crime does not disappear simply because people are on vacation. Unfortunately, American passengers sometimes go missing or become victims of sexual and physical assault while sailing the high seas. The passage of the 2010 Cruise Vessel Security and Safety Act took the first step in protecting the safety and security of passengers. The Cruise Passenger Protection Act builds upon this important law by implementing stronger requirements to protect victims of crime and to hold their perpetrators accountable.”

Specifically, the CPPA would:

  • Ensure a cruise vessel owner notifies the FBI within four hours of an alleged incident.
  • Ensure that if an alleged incident occurs while the vessel is still in a U.S. port, the FBI is notified before that vessel leaves the port.
  • Require vessel owners to also report an alleged offense to the U.S. Consulate in the next port of call, if the alleged offense is by or against a U.S. national.
  • Clarify that vessels must have video surveillance equipment in all passenger common areas, and other areas, where there is no expectation of privacy.
  • Allow individuals access to video surveillance records for civil action purposes.
  • Mandate that all video records are kept for 30 days after completion of the voyage.
  • Direct the Coast Guard to promulgate final standards within one year detailing requirements for the retention of video surveillance records.
  • Require that the internet website of alleged crimes on cruise ships indicate whether the reported crimes were committed against minors.
  • Direct the Department of Transportation to conduct a study determining the feasibility of having an individual charged with victim support services on board each passenger vessel.
  • Require integration of technology that can both capture images and detect when a passenger has fallen overboard.
  • Create medical standards requiring that a qualified physician and sufficient medical staff to be present and available for passengers, crew members receive basic life support training, automated defibrillators are accessible throughout the ship, and the initial safety briefing includes important emergency medical and safety information.
  • Ensure that should a U.S. passenger die aboard a vessel, his or her next of kin could request the vessel to return the deceased back to the United States.
  • Hold cruise lines responsible for deaths at sea by ensuring families of victims are able to pursue fair compensation. This gives cruise passengers the same rights as airline passengers.

Science-based Public Health, Safety Protections Would Be Devastated By RAA

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Statement by Andrew Rosenberg, Union of Concerned Scientists

WASHINGTON (April 26, 2017)—The Senate has introduced a new version of the “Regulatory Accountability Act”—a bill that would cripple the ability of federal agencies to enforce laws that protect our health and safety, according to the Union of Concerned Scientists.

Below is a statement by Andrew Rosenberg, director of the Center for Science and Democracy at the Union of Concerned Scientists.

“This bill is a weapon aimed right at public health and safety protections. It would make it nearly impossible for agencies to use the best science to make decisions.

“This bill doesn’t support accountability—it removes accountability from the industries subject to regulation. It gives companies more opportunities to interfere with the development of vital safeguards and undermines the role science should play in our policymaking. It fits in perfectly with the short-sighted all-out assault on science-based policies from the Trump administration. If this bill passed, it would leave Americans worse off, especially low-income people, and people of color, who bear the biggest burden from pollution.

“It’s simple. Senators need to stand up for the best interests of their constituents and evidence-based policymaking, and strongly oppose the so-called Regulatory Accountability Act.”

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Tenaris Announces 2017 First Quarter Results

The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standard Board and adopted by the European Union, or IFRS; Additionally, this press release includes non-IFRS alternative performance measures i.e., EBITDA, Net cash / debt and Free Cash Flow; See exhibit I for more details on these alternative performance measures

LUXEMBOURG–(Marketwired – Apr 26, 2017) – Tenaris S.A. (NYSE: TS) (BAE: TS) (BMV: TS) (MILAN: TEN) („Tenaris”) today announced its results for the quarter ended March 31, 2017 in comparison with its results for the quarter ended March 31, 2016.

Summary of 2017 First Quarter Results

(Comparison with fourth and first quarter of 2016, with Conduit operations reclassified as discontinued operations)

                     
    1Q 2017     4Q 2016       1Q 2016  
Net sales ($ million)   1,154     1,046       10 %     1,206       (4 %)
Operating income ($ million)   36     6       519 %     29       23 %
Net income ($ million)   206     24       740 %     28       636 %
Shareholders’ net income ($ million)   205     34       507 %     18       1029 %
Earnings per ADS ($)   0.35     0.06       507 %     0.03       1029 %
Earnings per share ($)   0.17     0.03       507 %     0.02       1029 %
EBITDA* ($ million)   198     172       15 %     191       4 %
EBITDA margin (% of net sales)   17.2 %   16.5 %             15.8 %        
                                     

*EBITDA includes severance charges of $9 million in Q1 2017, $8 million in Q4 2016 and $13 million in Q1 2016. If these charges were not included EBITDA would have been $207 million (18%) in Q1 2017, $180 million (17%) in Q4 2016,and $204 million (17%) in Q1 2016.

Our sales rose 10% quarter on quarter reflecting a strong increase in demand in USA and Canada, partially offset by lower sales in the Middle East and Africa. Our EBITDA continues to recover from the low point reached in the second quarter of last year and our net income benefited from an after tax gain of $92 million from the sale of Republic Conduit and a positive income tax charge.

Net cash provided by operations was $26 million, with an increase in working capital of $105 million reflecting higher inventories and receivables. Capital expenditures amounted to $139 million and our net cash position (cash, other current investments and fixed income investments held to maturity less total borrowings) rose to $1.6 billion, including the $328 million we collected from the sale of Republic Conduit.

Market Background and Outlook

Four months into 2017, the recovery in shale drilling in the USA and Canada has been impressive. With oil and gas prices remaining rangebound ($50-55/bbl, $3.00-3.30/million BTU), however, we expect the pace of the recovery will slow down. In the rest of the world, signs of recovery are more scarce, as oil and gas companies focus on strengthening cash flow and their financial position. In Latin America, drilling activity has been recovering from a very low base and, in Argentina various operators have announced investments in the Vaca Muerta shale play.

We estimate that global demand for OCTG products in 2017 will increase in the range of 35-40% with respect to 2016. The demand increase is concentrated in USA and Canada, where we have been implementing our Rig Direct™ program, reopening our Canadian mills and starting up the heat treatment and threading facilities of our new mill in Bay City, Texas.

Our sales and EBITDA in the second quarter should be in line with those of this first quarter as further increases in sales in the USA are counterbalanced by seasonal effects in Canada and a lower quarterly level of shipments to the Middle East. In the second half of the year, sales should increase driven by higher demand from Rig Direct™ customers in North America and Argentina and line pipe shipments to Eastern Mediterranean offshore gas projects in the fourth quarter. Our EBITDA should also increase with margins improving based on a better absorption of fixed costs. Although pricing conditions are improving, particularly in North America, average revenue per ton will continue to be held back by a changing regional mix and the prices in our Eastern Hemisphere backlog.

Analysis of 2017 First Quarter Results

             
Tubes Sales volume (thousand metric tons) 1Q 2017   4Q 2016   1Q 2016  
Seamless 509   458   11 % 366   39 %
Welded 74   67   10 % 146   (49 %)
Total 583   526   11 % 512   14 %
             
Tubes 1Q 2017   4Q 2016   1Q 2016  
(Net sales – $ million)                    
North America 477   336   42 % 380   25 %
South America 203   212   (4 %) 350   (42 %)
Europe 130   122   7 % 133   (2 %)
Middle East & Africa 230   275   (17 %) 239   (4 %)
Asia Pacific 46   38   20 % 28   61 %
Total net sales ($ million) 1,085   983   10 % 1,130   (4 %)
Operating income ($ million) 31   5   512 % 21   46 %
Operating margin (% of sales) 2.8 % 0.5 %     1.9 %    
                     

Net sales of tubular products and services increased 10% sequentially but declined 4% year on year. In North America sales increased 42% sequentially, reflecting an increase in drilling activity in the United States and Canada. In South America sales declined 4% due to lower demand for OCTG and line pipe in Argentina partially offset by higher shipments of connectors in Brazil and higher OCTG demand in Colombia. In Europe sales increased 7% as demand for mechanical pipe and line pipe for power generation and hydrocarbon processing industry remained stable while higher sales of OCTG in North Sea were partially offset by lower sales elsewhere. In the Middle East and Africa sales declined 17% as shipments for Zohr phase 1 were completed in January and we had a low level of demand in sub-Saharan Africa. In Asia Pacific sales increased 20% due to Rig Direct sales to Chevron in Thailand at full regimen but demand in the rest of the region continues to be low.

Operating income from tubular products and services amounted to $31 million in the first quarter of 2017, compared to $5 million in the previous quarter and $21 million in the first quarter of 2016. The sequential increase is a result of an improvement in the margin; while average selling prices remained stable, we were able to reduce our costs due to a better absorption of fixed costs on higher volumes.

                   
Others   1Q 2017     4Q 2016     1Q 2016  
Net sales ($ million)   68     63     9 %   76     (10 %)
Operating income ($ million)   5     1     675 %   8     (34 %)
Operating income (% of sales)   7.9 %   1.1 %         10.8 %      
                               

Net sales of other products and services increased 9% sequentially but declined 10% year on year. The sequential increase in sales and operating income is due to increased revenues of sucker rods, coiled tubing and excess energy.

Selling, general and administrative expenses, or SG&A, amounted to $294 million, or 25.5% of net sales, in the first quarter of 2017, compared to $280 million, 26.8% in the previous quarter and $279 million, 23.1% in the first quarter of 2016. Sequentially, SG&A declined as a percentage of sales due to a better absorption of fixed costs on higher sales and lower provisions for contingencies.

Financial results amounted to a loss of $4 million in the first quarter of 2017, compared to a gain of $23 million in the previous quarter and a loss of $15 million in the first quarter of 2016, mainly explained by the negative impact from Euro appreciation against the U.S. dollar on Euro denominated intercompany liabilities in subsidiaries with functional currency U.S. dollar. These results are to a large extent offset in equity, in the currency translation adjustment reserve.

Equity in earnings of non-consolidated companies generated a gain of $35 million in the first quarter of 2017, compared to a gain of $15 million in the previous quarter and a gain of $12 million the first quarter of 2016. These results are mainly derived from our equity investment in Ternium (NYSE: TX) and Usiminas (BSP: USIM).

Income tax amounted to a gain of $47 million in the first quarter of 2017, primarily reflecting the effect of the Mexican and Argentine peso revaluation on the tax base used to calculate deferred taxes at our Mexican and Argentine subsidiaries which have the U.S. dollar as their functional currency. This result offsets to a large extent the income tax charge for the same concept that was generated in the previous quarter due to a devaluation of the Mexican and Argentine peso.

Results for discontinued operations amounted to $92 million in the first quarter of 2017, reflecting the after tax result of the sale of Republic Conduit, which was closed in January 2017.

Results attributable to non-controlling interests amounted to zero in the first quarter of 2017, compared to a $9 million loss in the previous quarter and a gain of $10 million attributable to non-controlling interests in the first quarter of 2016. These results are mainly originated at our subsidiray in Japan, NKKTubes and at our pipe coating subsidiary in Nigeria.

Cash Flow and Liquidity

Net cash provided by operations during the first quarter of 2017 was $26 million, compared to $309 million in the first quarter of 2016 and $79 million used in the previous quarter.

Capital expenditures amounted to $139 million for the first quarter of 2017, compared to $158 million in the previous quarter and $230 million in the first quarter of 2016.

At the end of the quarter, our net cash position (cash, other current investments and fixed income investments held to maturity less total borrowings) amounted to $1.6 billion, compared to $1.4 billion at the beginning of the year, as in January 2017 we collected $328 million from the sale of Republic Conduit.

Conference call

Tenaris will hold a conference call to discuss the above reported results, on April 28, 2017, at 10:00 a.m. (Eastern Time). Following a brief summary, the conference call will be opened to questions. To access the conference call dial in +1 877 730 0732 within North America or +1 530 379.4676 Internationally. The access number is ” 9094268″. Please dial in 10 minutes before the scheduled start time. The conference call will be also available by webcast at www.tenaris.com/investors.

A replay of the conference call will be available on our webpage http://ir.tenaris.com/ or by phone from 1.00 pm ET on April 28th, through 11.59 pm on May 6th, 2017. To access the replay by phone, please dial 855 859 2056 or 404 537 3406 and enter passcode „9094268” when prompted.

Some of the statements contained in this press release are „forward-looking statements”. Forward-looking statements are based on management’s current views and assumptions and involve known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied by those statements. These risks include but are not limited to risks arising from uncertainties as to future oil and gas prices and their impact on investment programs by oil and gas companies.

   
Consolidated Condensed Interim Income Statement  
   
(all amounts in thousands of U.S. dollars)   Three-month period ended March 31,  
    2017     2016  
Continuing operations   Unaudited  
Net sales   1,153,860     1,206,350  
Cost of sales   (823,856 )   (897,062 )
Gross profit   330,004     309,288  
Selling, general and administrative expenses   (294,431 )   (278,848 )
Other operating income (expense), net   441     (1,130 )
Operating income   36,014     29,310  
Finance Income   12,927     19,895  
Finance Cost   (5,938 )   (4,304 )
Other financial results   (11,415 )   (30,098 )
Income before equity in earnings of non-consolidated companies and income tax   31,588     14,803  
Equity in earnings of non-consolidated companies   35,200     11,727  
Income before income tax   66,788     26,530  
Income tax   47,245     (6,441 )
Income for continuing operations   114,033     20,089  
             
Discontinued operations            
Result for discontinued operations   91,542     7,861  
Income for the period   205,575     27,950  
             
Attributable to:            
Owners of the parent   205,127     18,161  
Non-controlling interests   448     9,789  
    205,575     27,950  
             
 
Consolidated Condensed Interim Statement of Financial Position
 
(all amounts in thousands of U.S. dollars)   At March 31, 2017   At December 31, 2016
    Unaudited    
ASSETS                
Non-current assets                
  Property, plant and equipment, net   6,048,740       6,001,939    
  Intangible assets, net   1,804,676       1,862,827    
  Investments in non-consolidated companies   598,546       557,031    
  Available for sale assets   21,572       21,572    
  Other investments   317,666       249,719    
  Deferred tax assets   153,277       144,613    
  Receivables, net   201,989   9,146,466   197,003   9,034,704
Current assets                
  Inventories, net   1,673,034       1,563,889    
  Receivables and prepayments, net   173,246       124,715    
  Current tax assets   151,690       140,986    
  Trade receivables, net   1,010,528       954,685    
  Other investments   1,613,665       1,633,142    
  Cash and cash equivalents   427,619   5,049,782   399,737   4,817,154
  Assets of disposal group classified as held for sale             151,417
Total assets       14,196,248       14,003,275
EQUITY                
Capital and reserves attributable to owners of the parent       11,530,615       11,287,417
Non-controlling interests       106,930       125,655
Total equity       11,637,545       11,413,072
LIABILITIES                
Non-current liabilities                
  Borrowings   31,587       31,542    
  Deferred tax liabilities   557,764       550,657    
  Other liabilities   215,272       213,617    
  Provisions   42,280   846,903   63,257   859,073
Current liabilities                
  Borrowings   676,644       808,694    
  Current tax liabilities   102,770       101,197    
  Other liabilities   202,133       183,887    
  Provisions   25,895       22,756    
  Customer advances   62,265       39,668    
  Trade payables   642,093   1,711,800   556,834   1,713,036
  Liabilities of disposal group classified as held for sale             18,094
Total liabilities       2,558,703       2,590,203
Total equity and liabilities       14,196,248       14,003,275
                 
                 
   
Consolidated Condensed Interim Statement of Cash Flows  
   
    Three-month period ended March 31,  
(all amounts in thousands of U.S. dollars)   2017     2016  
Cash flows from operating activities   Unaudited  
             
Income for the period   205,575     27,950  
Adjustments for:            
Depreciation and amortization   162,218     163,155  
Income tax accruals less payments   (92,930 )   (16,171 )
Equity in earnings of non-consolidated companies   (35,200 )   (11,727 )
Interest accruals less payments, net   (8,555 )   (19,399 )
Changes in provisions   (17,838 )   6,798  
Income from the sale of Conduit business   (89,694 )    
Changes in working capital   (104,937 )   102,915  
Other, including currency translation adjustment   7,495     55,626  
Net cash provided by operating activities   26,134     309,147  
             
Cash flows from investing activities            
Capital expenditures   (138,615 )   (230,249 )
Changes in advance to suppliers of property, plant and equipment   3,503     14,258  
Proceeds from disposal of Conduit business   327,631      
Loan to non-consolidated companies   (9,006 )   (10,384 )
Proceeds from disposal of property, plant and equipment and intangible assets   1,962     1,723  
Changes in investments in securities   (48,469 )   129,928  
Net cash provided by (used in) investing activities   137,006     (94,724 )
             
Cash flows from financing activities            
Dividends paid to non-controlling interest in subsidiaries       (4,311 )
Acquisitions of non-controlling interests   (18 )   (366 )
Proceeds from borrowings   624,183     253,471  
Repayments of borrowings   (762,670 )   (220,833 )
Net cash (used in) provided by financing activities   (138,505 )   27,961  
             
Increase in cash and cash equivalents   24,635     242,384  
Movement in cash and cash equivalents            
At the beginning of the period   398,580     286,198  
Effect of exchange rate changes   3,526     2,161  
Increase in cash and cash equivalents   24,635     242,384  
At March 31,   426,741     530,743  
             
    At March 31,  
Cash and cash equivalents   2017     2016  
Cash and bank deposits   427,619     531,762  
Bank overdrafts   (878 )   (1,019 )
    426,741     530,743  
             
             

Exhibit I – Alternative performance measures

EBITDA, Earnings before interest, tax, depreciation and amortization.

EBITDA provides an analysis of the operating results excluding depreciation and amortization and impairments, as they are non-cash variables which can vary substantially from company to company depending on accounting policies and the accounting value of the assets. EBITDA is an approximation to pre-tax operating cash flow and reflects cash generation before working capital variation. EBITDA is widely used by investors when evaluating businesses (multiples valuation), as well as by rating agencies and creditors to evaluate the level of debt, comparing EBITDA with net debt.

EBITDA is calculated in the following manner:

EBITDA = Operating results + Depreciation and amortization + Impairment charges/(reversals).

       
(all amounts in thousands of U.S. dollars)   Three-month period ended March 31,  
    2017   2016  
Operating income   36,014   29,310  
Depreciation and amortization   162,218   163,155  
Depreciation and amortization from discontinued operations   0   (1,362 )
EBITDA   198,232   191,103  
           

Net Cash / (debt)

This is the net balance of cash and cash equivalents, other current investments and fixed income investments held to maturity less total borrowings. It provides a summary of the financial solvency and liquidity of the company. Net cash / (debt) is widely used by investors and rating agencies and creditors to assess the company’s leverage, financial strength, flexibility and risks.

Net cash/debt is calculated in the following manner:

Net cash= Cash and cash equivalents + Other investments (Current) + Fixed income investments held to maturity – Borrowings (Current and Non-current).

       
(all amounts in thousands of U.S. dollars)   At March 31,  
    2017     2016  
Cash and cash equivalents   427,619     531,762  
Other current investments   1,613,665     2,036,183  
Fixed income investments held to maturity   316,003     367,834  
Borrowings – current and non-current   (708,231 )   (999,622 )
Net cash / (debt)   1,649,056     1,936,157  
             

Free Cash Flow

Free cash flow is a measure of financial performance, calculated as operating cash flow less capital expenditures. FCF represents the cash that a company is able to generate after spending the money required to maintain or expand its asset base.

Free cash flow is calculated in the following manner:

Free cash flow = Net cash (used in) provided by operating activities – Capital expenditures.

       
    Three-month period ended March 31,  
    2017     2016  
Net cash provided by operating activities   26,134     309,147  
Capital expenditures   (138,615 )   (230,249 )
Free cash flow   (112,481 )   78,898  
             

Glance Technologies Announces Joint Venture Targeting Mobile Payment App for Chinese Tourists

VANCOUVER, British Columbia, April 26, 2017 /PRNewswire/ — Glance Technologies Inc. (OTCQB:GLNNF) (CSE:GET.CN) (CSE:GET.WT) (FKT:GJT) is pleased to announce it has entered into a letter of intent to create an app that will target International Chinese students visiting and residing in North America with a company that founds and finances businesses targeted to Chinese residents in Canada, with its principal shareholder also the largest shareholder and a director of the newest tier 1 bank in Canada.

The parties plan to incorporate a new company which will purchase a license from Glance Technologies to use the Glance Pay payment system into a new mobile payment platform to cater to the growing population of International Chinese students visiting and residing in Canada.  Glance Technologies will provide development work to the new company and will be a significant owner of it.  The joint venture partner will be responsible for raising sufficient financing for the new venture to create, develop, market and operate the new venture. The new application will be available in Mandarin and English.

Given the exponential growth and integrated adoption of mobile payments in recent years in China and the rise of behemoth mobile payment service giants, such as Alipay, Tenpay, and China Union, it is clear that the ability to pay through mobile applications has become commonplace for Chinese consumers and this is moving beyond China and into spending at overseas destinations, such as Canada and the US.  Alipay, China’s top mobile payment service of over 450 million users worldwide, recently surpassed a record high of a billion transactions, of which 71% of these transactions were conducted on a mobile device.

This growth coupled with the acknowledgment of Canada as a fast-growing tourist destination for Chinese visitors, contributing over $1 billion annually to the Canadian economy, and ranked at the 7th most popular academic destination for Chinese students, opens an entirely new market share for Glance to provide its integrated payment technology via the Glance Pay app at Canadian restaurants, retail stores, and merchant services. Glance is looking to market and provide its innovative payment processing app to an increasing population of international Chinese students living and studying in Canada, so students looking for the same ease and convenience of mobile payments already found China can access a similar payment experience right here in Canada.

The parties have entered into a non-binding letter of intent to undertake the joint venture, and are currently negotiating the terms of a definitive agreement.

Sources:
http://news.gc.ca/web/article-en.do?nid=1119889 
http://cbie.ca/media/facts-and-figures/ 
https://www.techinasia.com/china-alipay-more-spending-2016

About Glance Technologies Inc.
Glance Technologies owns and operates Glance Pay, a streamlined payment system that revolutionizes how smartphone users choose where to dine, order food & drink, settle bills, access digital receipts, earn great rewards, & interact with merchants. Glance is building a valuable network of merchants and consumers, and offers targeted in-app marketing, social media marketing, customer feedback, in-merchant messaging and custom rewards programs. The Glance Pay mobile payment system consists of proprietary technology, which includes user apps available for free downloads in IOS (Apple) and Android formats, a merchant manager apps, large scale technology hosting environment with sophisticated anti-fraud technology and lightning fast payment processing.

For more information about Glance, please go to Glance Technologies’ website

For more information, contact:
Christina Rao
Vice President, Investor Relations
(604) 723-7480 
investors@glancepay.com

SOURCE Glance Technologies Inc.

Grupo Televisa Announces Results for First Quarter 2017

MEXICO CITY, April 26, 2017 /PRNewswire/ — Grupo Televisa, S.A.B. (NYSE: TV; BMV: TLEVISA CPO; „Televisa” or the „Company”), today announced results for the First Quarter 2017. The results have been prepared in accordance with International Financial Reporting Standards („IFRS”).

Highlights

  • Growth in Consolidated Net Sales and Operating Segment Income of 2.0% and 2.4%, respectively
  • Revenue and operating segment income growth in our Cable segment of 6.2% and of 7.8%, respectively
  • Continued discipline in cost and expenses across all our business segments
  • Operating segment income margin in line with last year in spite of peso depreciation
  • Univision royalties reached US$72.6 million during the first-quarter
  • Capital expenditures came down by 34% to US$217.9 million

For a full version of this release, please visit
http://www.televisair.com/en/reports-and-filings/quarterly/2017

About Televisa
Televisa is a leading media company in the Spanish-speaking world, an important cable operator in Mexico and an operator of a leading direct-to-home satellite pay television system in Mexico. Televisa distributes the content it produces through several broadcast channels in Mexico and in over 50 countries through 26 pay-tv brands, and television networks, cable operators and over-the-top or „OTT” services. In the United States, Televisa’s audiovisual content is distributed through Univision Communications Inc. („Univision”) the leading media company serving the Hispanic market. Univision broadcasts Televisa’s audiovisual content through multiple platforms in exchange for a royalty payment. In addition, Televisa has equity and warrants which upon their exercise would represent approximately 36% on a fully-diluted, as-converted basis of the equity capital in Univision Holdings, Inc., the controlling company of Univision. Televisa’s cable business offers integrated services, including video, high-speed data and voice services to residential and commercial customers as well as managed services to domestic and international carriers through five cable Multiple System Operators in Mexico. Televisa owns a majority interest in Sky, a leading direct-to-home satellite pay television system in Mexico, operating also in the Dominican Republic and Central America. Televisa also has interests in magazine publishing and distribution, radio production and broadcasting, professional sports and live entertainment, feature-film production and distribution, and gaming.

Disclaimer
This press release contains forward-looking statements regarding the Company’s results and prospects. Actual results could differ materially from these statements. The forward-looking statements in this press release should be read in conjunction with the factors described in „Item 3. Key Information – Forward-Looking Statements” in the Company’s Annual Report on Form 20-F, which, among others, could cause actual results to differ materially from those contained in forward-looking statements made in this press release and in oral statements made by authorized officers of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations:
Carlos Madrazo / Tel: (52 55) 5261 2445 / cmadrazov@televisa.com.mx
Santiago Casado / Tel: (52 55) 5261 2438 / scasado@televisa.com.mx

Media Relations:
Alejandro Olmos / Tel: (52 55) 5224 6420 / aolmosc@televisa.com.mx
María Eugenia Zurita / Tel: (52 55) 52 24 63 60 / mezurita@televisa.com.mx

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/grupo-televisa-announces-results-for-first-quarter-2017-300446834.html

SOURCE GRUPO TELEVISA S.A.B

Related Links

http://www.televisa.com.mx

SQM Files Its Annual Report On Form 20-F For The Year 2016

SANTIAGO, Chile, April 26, 2017 /PRNewswire/ — Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) announced today that it has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2016, with the U.S. Securities and Exchange Commission (the „SEC”).

SQM’s Form 20-F can be accessed by visiting either the SEC’s website at www.sec.gov or the investor relations section of the Company’s website at www.sqm.com. In addition, shareholders may request a hard copy of the Company’s audited financial statements, free of charge, by contacting the Company’s investor relations team at ir@sqm.com or +562 24252485.

About SQM

SQM is an integrated producer and distributor of specialty plant nutrients, iodine, lithium, potassium-related fertilizers and industrial chemicals.  Its products are based on the development of high quality natural resources that allow the Company to be a leader in costs, supported by a specialized international network with sales in over 110 countries. SQM’s development strategy aims to maintain and strengthen the Company’s position in each of its businesses.

The leadership strategy is based on the Company’s competitive advantages and on the sustainable growth of the different markets in which it participates. SQM’s main competitive advantages in its different businesses include:

  • Low production costs based on vast and high quality natural resources;
  • Know-how and its own technological developments in its various production processes;
  • Logistics infrastructure and high production levels that allow SQM to have low distribution costs;
  • High market share in all its core products;
  • International sales network with offices in 20 countries and sales in over 110 countries;
  • Synergies from the production of multiple products that are obtained from the same two natural resources;
  • Continuous new product development according to the specific needs of its different customers;
  • Conservative and solid financial position.

For further information, contact:

Gerardo Illanes 56-2-24252022 / gerardo.illanes@sqm.com
Kelly O’Brien 56-2-24252074 / kelly.obrien@sqm.com 
Carolyn McKenzie 56-2-24252280 / irina.axenova@sqm.com

For media inquiries, contact:

Carolina García Huidobro / carolina.g.huidobro@sqm.com  
Alvaro Cifuentes / Alvaro.cifuentes@sqm.com 
Tamara Rebolledo / Tamara.rebolledo@sqm.com  (Northern Region)

Cautionary Note Regarding Forward-Looking Statements

This news release contains „forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995.  Forward-looking statements can be identified by words such as: „anticipate,” „plan,” „believe,” „estimate,” „expect,” „strategy,” „should,” „will” and similar references to future periods.  Examples of forward-looking statements include, among others, statements we make concerning the Company’s business outlook, future economic performance, anticipated profitability, revenues, expenses, or other financial items, anticipated cost synergies and product or service line growth.

Forward-looking statements are neither historical facts nor assurances of future performance.  Instead, they are estimates that reflect the best judgment of SQM management based on currently available information.  Because forward-looking statements relate to the future, they involve a number of risks, uncertainties and other factors that are outside of our control and could cause actual results to differ materially from those stated in such statements. Therefore, you should not rely on any of these forward-looking statements.  Readers are referred to the documents filed by SQM with the United States Securities and Exchange Commission, specifically the most recent annual report on Form 20-F, which identifies important risk factors that could cause actual results to differ from those contained in the forward-looking statements. All forward-looking statements are based on information available to SQM on the date hereof and SQM assumes no obligation to update such statements, whether as a result of new information, future developments or otherwise.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/sqm-files-its-annual-report-on-form-20-f-for-the-year-2016-300446838.html

SOURCE SQM

Related Links

http://www.sqm.com

Orocobre/Advantage Lithium to commence drilling at Cauchari

BRISBANE, Australia, April 26, 2017 /PRNewswire/ — Orocobre Limited (ORE:ASX, ORL:TSX) (Orocobre or the Company) is pleased to provide an update from its joint venture (JV) partner Advantage Lithium Corp. (TSXV:AAL) (Advantage Lithium) that Phase One drilling will commence early next week at its flagship lithium property, located in the Cauchari Salar of Jujuy province in NW Argentina. Phase one will be a five hole program and Phase two drilling is planned for later in 2017, comprising a further 12 holes and leading to a scoping study by early 2018.

Advantage Lithium is increasing its interest in the project from the current 50% to 75% through the expenditure of US$5m or by completing a Feasibility Study. Orocobre holds the remaining interest.

The Cauchari project lies approximately 20 kilometres south of Orocobre’s producing Olaroz Lithium facility.

Highlights

  • Phase One drilling: a five hole rotary drill program scheduled to begin during the week commencing 1 May, 2017
  • Phase Two drilling: A follow-up, twelve hole diamond drill program to commence later in 2017
  • Drilling will focus on potential extensions of the existing inferred resource at Cauchari and exploration where no previous drilling has been conducted. A large exploration target1 has been defined with a range of 125 to 1,855 million cubic metres of brine at between 260 and 600mg/l lithium and 2,500 to 5,350mg/l potassium for the lower and upper ranges1 respectively; this represents an in-situ range of contained product of between 0.25 to 5.6mt of lithium carbonate equivalent (LCE) and 0.9 to 19 mt of potash (KCl).

Commenting on the update, Managing Director Richard Seville stated, „We are extremely pleased with this progress update from our JV partner Advantage Lithium and their commitment to fast-tracking exploration and development works at Cauchari.”

Please see the attached release from Advantage Lithium for further details.

For more information please contact:

Richard Seville

Andrew Barber

Managing Director

Investor Relations Manager

T: +61 7 3871 3985

T: +61 7 3871 3985

M:+61 419 916 338

M: +61 418 783 701                          

E: rseville@orocobre.com

E: abarber@orocobre.com

Notes:

  1. An exploration target is not a mineral resource. The potential quantity and grade of the exploration target is conceptual in nature, and there has been insufficient exploration to define a Mineral Resource in the volume where the Exploration Target is outlined. It is uncertain if further exploration drilling will result in the determination of a Mineral Resource in this volume.

About Orocobre Limited

Orocobre Limited is listed on the Australian Securities Exchange and Toronto Stock Exchange (ASX:ORE) (TSX:ORL), and is building a substantial Argentinian-based industrial chemicals and minerals company through the construction and operation of its portfolio of lithium, potash and boron projects and facilities in the Puna region of northern Argentina. The Company has built, in partnership with Toyota Tsusho Corporation and JEMSE, the first large-scale, greenfield brine based lithium project in approximately 20 years at the Salar de Olaroz with planned production of 17,500 tonnes per annum of low-cost lithium carbonate.

The Olaroz Lithium Facility has a low environmental footprint because of the following aspects of the process:

  • The process is designed to have a high processing recovery of lithium. With its low unit costs, the process will result in low cut-off grades, which will maximise resource recovery.
  • The process route is designed with a zero liquid discharge design. All waste products are stored in permanent impoundments (the lined evaporation ponds). At the end of the project life the ponds will be capped and returned to a similar profile following soil placement and planting of original vegetation types.
  • Brine is extracted from wells with minimum impact on freshwater resources outside the salar. Because the lithium is in sedimentary aquifers with relatively low permeability, drawdowns are limited to the salar itself. This is different from halite hosted deposits such as Salar de Atacama, Salar de Hombre Muerto and Salar de Rincon where the halite bodies have very high near surface permeability and the drawdown cones can impact on water resources around the Salar affecting the local environment.
  • Energy used to concentrate the lithium in the brine is solar energy. The carbon footprint is lower than other processes.
  • The technology developed has a very low maximum fresh water consumption of <20 l/s, which is low by industry standards. This fresh water is produced by reverse osmosis from non-potable brackish water.
  • Sales de Jujuy S.A. is also committed to the ten principles of the sustainable development framework as developed by The International Council on Mining and Metals. The company has an active and well-funded „Shared Value” program aimed at the long term development of the local people.

The Company continues to follow the community and shared value policy to successfully work with suppliers and the employment bureau to focus on the hiring of local people from the communities of Olaroz, Huancar, Puesto Sey, Pastos Chicos, Catua, Susques, Jama, El Toro, Coranzulí, San Juan and Abrapampa. The project implementation is through EPCM (Engineering, Procurement and Construction Management) with a high proportion of local involvement through construction and supply contracts and local employment. The community and shared value policy continues to be a key success factor, training local people under the supervision of high quality experienced professionals.

The Company also wholly-owns Borax Argentina, an important regional borate producer.

For further information, please visit www.orocobre.com

Competent Person’s and Qualified Person’s Statement

The technical information in this announcement has been prepared by Murray Brooker of Hydrominex Geoscience. Murray Brooker is a geologist and hydrogeologist and is a Member of the Australian Institute of Geoscientists. Murray has sufficient relevant experience to qualify as a competent person as defined in the 2012 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. He is also a „Qualified Person” as defined by Canadian Securities Administrators’ National Instrument 43-101.  Murray Brooker consents to the inclusion in this announcement of this information in the form and context in which it appears.

Additional information relating to the Company’s Cauchari project is available in the existing technical report entitled „Technical Report – Cauchari Project, Argentina” dated April 30, 2010, which was prepared by John Houston.

Caution Regarding Forward-Looking Information

This report contains „forward-looking information” within the meaning of applicable securities legislation.  Forward-looking information contained in this report may include, but is not limited to, the estimation and realization of resources at the Cauchari project, the viability, recoverability and processing of such resources, potential operating synergies between the Cauchari project and the Olaroz project, and other matters related to the development of the Cauchari project.

Such forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward-looking information, including but not limited to the risk that further funding may be required, but unavailable, for the ongoing development of the Company’s projects; changes in government regulations, policies or legislation; fluctuations or decreases in commodity prices; the possibility that required permits may not be obtained; uncertainty in the estimation or economic viability of mineral resources; general risks associated with the feasibility and development of the Cauchari project; unexpected capital or operating cost increases; uncertainty of meeting anticipated program milestones; as well as those factors disclosed in the Company’s Annual Information Form for the year ended June 30, 2016 filed at www.sedar.com.

The Company believes that the assumptions and expectations reflected in such forward-looking information are reasonable.  Assumptions have been made regarding, among other things:  the Company’s ability to carry on its exploration and development activities, the timely receipt of required approvals, the prices of lithium and potash, the ability of the Company to operate in a safe, efficient and effective manner and the ability of the Company to obtain financing as and when required and on reasonable terms.  Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used.

There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information.  Accordingly, readers should not place undue reliance on forward-looking information.  The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

ADVANTAGE LITHIUM CORP.
#1305 – 1090 West Georgia Street
Vancouver, BC V6E 3V7
Tel: 604.343.3760  Fax: 604-683-1585
www.AdvantageLithium.com
TSX Venture Exchange Symbol:  AAL

Advantage Lithium Mobilizes Rig for Phase 1 Drilling at Cauchari, Argentina

Drilling represents first step in systematic, fast-track exploration and development program

Vancouver, British Columbia, April 26, 2017 – Advantage Lithium Corp. (the „Company” or „Advantage Lithium„) (TSXV: AAL; OTCQX: AVLIF) is pleased to announce that a drill rig will be mobilized later this week to its flagship lithium property located in the Cauchari Salar of Jujuy province in NW Argentina. The first hole of a five-hole, Phase One program is expected to be collared early next week. This marks the Company’s first step in a systematic, fast-track exploration and development work program. Phase Two drilling is planned for later in 2017 and will comprise a further twelve holes leading to a scoping study by early 2018. Advantage Lithium is increasing its interest in the project from the current 50% to 75% through the expenditure of US$5m or completing a Feasibility Study.  Orocobre (ASX:ORE; TSX:ORL) holds the remaining interest.

Cauchari News Highlights

  • Phase One drilling: a five hole rotary drill program scheduled to begin during the week commencing May 1, 2017.
  • Phase Two drilling: A follow-up, twelve hole diamond drill program to commence later in 2017.
  • Drilling will focus on (a) potential extensions of the existing inferred resource at Cauchari and (b) exploration where no previous drilling has been conducted. A large exploration target1 has been defined with a range of 125 to 1,855 million cubic meters of brine at between 260 and 600mg/l lithium and 2,500 to 5,350mg/l potassium for the lower and upper ranges1 respectively; this represents an in situ range of contained product of between 0.25 to 5.6mt of lithium carbonate equivalent (LCE) and 0.9 to 19mt of potash (KCl).

David Sidoo, CEO of Advantage Lithium, commented, „In line with our aggressive development timeline, we are commencing work at our flagship Argentina project of Cauchari, just weeks after completing the transaction with our partner, Orocobre. We will be focusing on expanding the existing resource at the project where a large exploration target has been projected. We have engaged Andina Perforaciones, one of Argentina’s leading drilling contractors, to undertake the initial phase of what will ultimately be a 17 hole program.

Cauchari Project Information

  • Existing Inferred Resource: Host to an inferred resource containing an estimated 230 million cubic metres of brine at ~380 mg/l Li and 3,700 mg/l K. This is equivalent to 470,000 tonnes of lithium carbonate (~88,000 tonnes lithium metal) and 1.62 million tonnes of potash (KCl – equivalent to ~840,000 tonnes of potassium).
  • Near-Surface. This initial resource estimate is based on five shallow diamond drill holes to an average depth of 50-170m and open to depth.
  • Exploration Potential. An exploration target has been defined in the NW blocks of the JV property, in addition to that beneath the original resource estimate in the SE property blocks. The combined exploration target in the Cauchari JV properties both west and east of properties held by Lithium Americas Corp. is defined with a range of 125 to 1,855 million cubic meters of brine at between 260 and 600mg/l lithium and 2,500 to 5,350mg/l potassium for the lower and upper ranges1 for 0.25 to 5.6mt of lithium carbonate equivalent (LCE) for the lower and upper ranges respectively.
  • Close Proximity to Orocobre’s Lithium Facility. Proximity to Orocobre’s Olaroz operation and similarity in brine chemistry provides options for future production alternatives.

Program Details

The initial, Phase 1 drill program scheduled to start next week consists of five rotary drill holes targeting the north-west (NW) and south-east (SE) blocks of the property with a surface area of ~5,500 hectares These will be deep holes to approximately 400m below the salar surface, with the objective of (1) probing for extensions laterally and to depth below the existing inferred mineral resource in the SE sector and (2) opening a new front in the NW sector which the company believes to be prospective for extensions of lithium-bearing brine below the Archibarca alluvial fan.

Later in 2017, a complementary 12-hole diamond drill (DDH) program will be initiated to provide core for aquifer parameter tests and to also install monitoring holes for pump tests on the primary rotary holes. Additional rotary and/or diamond drill holes will be added as justified by initial results as we proceed towards engineering studies.

Specialized packer instrumentation will be used to collect brine samples for analysis under strict QA/QC protocols monitored by a Qualified Person as required by NI43-101 guidelines. In-hole geophysical profiling and geological logging will provide the basis for determining the most promising aquifer zones for packer tests.

Considerable technical and operating skill is required to successfully complete exploration and brine pumping wells in the unconsolidated sedimentary sequences of the salars and to do so at 4,000m above sea level in a rigorous climatic region with sub-zero winter temperatures. The company is therefore most pleased to have signed a contract and to be working with Andina Perforaciones who have multiple years of practical experience in Cauchari and other salars of NW Argentina. Together with the Company’s technical staff and supporting community relations team, the company expects to complete the Phase 1 work program by year-end 2017.

(1) An exploration target is not a mineral resource. The potential quantity and grade of the exploration target is conceptual in nature, and there has been insufficient exploration to define a Mineral Resource in the volume where the Exploration Target is outlined. It is uncertain if further exploration drilling will result in the determination of a Mineral Resource in this volume.

The technical information in this news release has reviewed and approved on behalf of the company by Murray Brooker, MAIG, RPGEO, a „Qualified Person” as defined in NI 43-101.

About Advantage Lithium Corp.

Advantage Lithium Corp. is a resource company specializing in the strategic acquisition, exploration and development of lithium properties and is headquartered in Vancouver, British Columbia. The common shares of the company are listed on the TSX Venture Exchange (TSX-V:AAL), and the company is also traded on the OTCQX Best Market in the U.S. (OTCQX: AVLIF). The company has acquired a 100% interest in five projects in Argentina and up to a 75% interest in a sixth, called Cauchari. Cauchari is located just 20 km south of Orocobre’s flagship Olaroz Lithium Facility. The Company is also earning an interest from Nevada Sunrise Gold Corp., in a portfolio of five lithium brine projects in the Clayton and Lida Valley regions of Nevada, USA, including 70% in Clayton NE.

Further information about the Company can be found at www.advantagelithium.com.

ADVANTAGE LITHIUM CORP.

Per:    David Sidoo                             
          David Sidoo, President 
          Tel:  604.343.3760 | Fax: 604.683.1585
          Email: info@advantagelithium.com

Cautionary Statement:

Certain information contained in this press release constitutes „forward-looking information”, within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as „is expected”,”intends”, or „has the potential to”.  Forward looking statements contained in this press release may include statements regarding the future operating or financial performance of Advantage that involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. The forward-looking statements included in this press release are made as of the date of this press release 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.

Neither 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.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/orocobreadvantage-lithium-to-commence-drilling-at-cauchari-300446841.html

SOURCE Orocobre Limited

Related Links

http://www.orocobre.com

Glass Coating Market Rugged Expansion Foreseen by 2022

New York, NY — (SBWIRE) — 04/26/2017 — Glass coating is done to save energy and to decrease the carbon emissions. The growing demand and sales in the automotive industry is the major reason for the rise in demand for the glass coatings. The glass coatings is of two major types; one is nano coating and the other is liquid glass coating. The nano coating is the non-stick coatings used to reduce the contact of dirt particles with the glass. The major advantage of the nano coating is that they guarantee permanence and longevity. The UV stability facilitates the functionality for long period of time. They also provide excellent abrasion resistance with the substrate. The applications can be divided as industrial and manual. The glass coating provides long lasting durable protection, scratch resistance, water, dirt, ice and snow repellence. They also provide solar protection, corrosion resistance and self-cleaning properties. The major share of the global glass coating market is attributed to the construction and automotive industry. The global glass coating market is projected to grow at a moderate CAGR in the forecast period.

A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/10154

The growth in the sales of vehicles is expected to be the major reason for the rise in demand for glass coating, thereby proving to be a major driver for the glass coating market. The rising construction in the developed countries as well as developing countries is anticipated to be the major demand driving factors for the global glass coating market.

The increasing raw material prices can be a major restraining factor for the global glass coating market. The major players can opt for mergers and acquisitions to increase their footprints in the glass coating market. Moreover, technological advancements coupled with extensive research and development activities can be also create new opportunities for the major players in the glass coating market.

The global glass coating market can also be fragmented on the basis of coating technology as

Nano glass coating
Liquid glass coating
Others

The global glass coating market can be segmented based on the types of coating as

Pyrolytic coatings
Magnetron sputtering coatings
Sol-gel coatings
Other coatings

The global glass coating market can be segmented on the basis on end use applications as

Automotive
Marine
Aviation
Building and construction
Aerospace
Household
Others

The global glass coating market is segmented into seven key regions on the basis of geography as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East and Africa and Japan. Asia Pacific is the largest market in terms of value share in the global glass coating market, owing to the increasing demand, manufacturing and sales in this region. India and China are expected to be the fastest growing countries in the global glass coating market. North America is also one of the major regions in terms of demand in the global glass coating market. Japan and Asia Pacific are expected to grow at fast rates in the upcoming years. Middle East and Africa is also anticipated to be expand at a fast rate in the forecast period.

To view TOC of this report is available upon request @ http://www.persistencemarketresearch.com/toc/10154

Some of the key players identified in the global glass coating market are The 3M Company, Nano-Care Deutschland AG, PPG Industries, Valspar Corporation, Premium Coatings And Chemicals Pvt Ltd, CCM GmbH

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications

The report covers exhaustive analysis on:

Glass Coating Market Segments
Glass Coating Market Dynamics
Historical Actual Market Size, 2012 – 2014
Glass Coating Market Size & Forecast 2015 to 2025
Supply & Demand Value Chain
Glass Coating Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Glass Coating Market Drivers and Restraints

Regional analysis for Glass Coating Market includes

North America
Latin America
Europe
Asia Pacific & Japan
The Middle East and Africa

Report Highlights:

Shifting Industry dynamics
In-depth market segmentation
Historical, current and projected industry size Recent industry trends
Key Competition landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance

About Persistence Market Research
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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Plastic Polymer Market Poised to Expand with Robust Pace by 2016-2024

Sarasota, FL — (SBWIRE) — 04/26/2017 — Zion Market Research, the market research group announced the analysis report titled „Plastic Polymer Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021

Polymer is made from the combination of several monomers, which produce different types of polymers based on their molecular chain. Plastic polymers are chained molecules with high molecular weight. They are synthetic polymers that can be remolded or reshaped owing to their elasticity property. They are also called as organic polymers.

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The global plastic polymer market is segmented based on various types of plastic application such as engineering plastics, commodity plastics, and specialty plastics. On the basis of resin materials, the global market is segmented as thermoplastic and thermosetting polymers. Further, thermoplastic polymers segment is sub-segmented as polyvinyl chloride (PVC), polypropylene (PP), polyethylene (PE), and polystyrene. Of which, polythyene) is of high demand in plastic material segments. However, thermosetting plastics are further sub-segmented based on material as melamine formaldehyde, polyster resin, polyimides, duroplast, and others. On the basis of end-user, the global plastic polymer market is segmented as packaging, transportation, agriculture equipments, textiles, film and sheet, automotive, and toys.

Increasing urbanization, growing income and rising demand from the end-user segments are resulting in high growth of the global market. Utilization of the plastic in food processing industry due to consumer preference and changing food practice to store the food products such as raw meat, fish, and vegetables in consumable state without degrading the nutritional qualities of the food are key factors augmenting the growth of the global plastic polymer market. Application of plastic in road safety and constructional equipment such as helmets, safety goggles, sign boards, and barricades as preventive measures in order to avoid hazardous mishap is also one of the factors driving the global plastic polymer market. Research and development for new innovations and better alternatives respective to plastic polymers is also a vital factor growing the market globally. Moreover, development of plastic types which can be recycled after single-use has boosted growth rate of the plastic polymer market. On the other hand, government taking initiatives to ban un-degradable plastic material that are hazardous to ecosystem may hinder the growth of the plastic polymers in future.

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Asia Pacific is the largest market for plastic polymer market mainly owing to rising constructional projects and automotive industries. North America is expected to grow at a steady pace due to its constant focus on developing sustainable alternatives.

Some of the companies operating in the global market include BASF, SABIC, E. I. du Pont de Nemours and Company, Dow Chemical Company, Lyondell Basell Industries, ExxonMobil Corporation, Formosa Plastic Group, Total SA, Bayer Material Science, Arkema, Celanese Corporation, Chi Mei Corporation, Eastman Chemical Company, and Mitsubishi Chemical Holdings Corporation.

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Plastic Polymer Market: Regional Segment Analysis

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East & Africa