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VANCOUVER, BC, June 9, 2021 /CNW/ – First Energy Metals Ltd. (CSE: FE) (“First Energy” or the “Company) is pleased to announce that it has entered into an agreement with Globex Mining Enterprises Inc. (“Globex”) (GMX-TSX, GLBXF-OTCQX International, G1MN-Frankfurt) to acquire 100% interest into McNeely Lithium Property located in LaCorne, Landrienne and Figuery Townships, Province of Quebec, Canada. The newly acquired properties consist of 66 mining claims covering a total area of 2,276.49 hectares on map sheets 32C05 and 32D08. These claims are spread out in several claim blocks along the Quebec Lithium Mine horizon. Some of the claims are located adjacent to the Augustus Lithium Property claims where First Energy has been carrying out a drill program since April 2021 and reported drill results in a series of recent news releases. These additional claims bring the total size of the Property to 15,045.62 hectares.There is one historical lithium showing “Martin-McNeely Lithium” in a claim block of the new property where lithium pegmatite outcrop was discovered in 1955. Geologically, these mineralized pegmatite dykes intersect amphibolitized peridotite rocks north of the Preissac-Lacorne Batholith. The dikes are mineralized in spodumene, lepidolite and molybdenite. The mineralization is confined to pegmatite dykes of unknown attitude. The pegmatite in drill hole M3 drilled on Lot 28 of the Township of Landrienne intersected lithium mineralization. Cautionary Statement: Investors are cautioned that the above information is taken from the publicly available sources, specifically from the Quebec Ministry of Energy and Mines (MERN) database. The Company has not been able to independently verify the information contained. The information is not necessarily indicative of the mineralization on the Property, which is the subject of this news release. The Company will need to conduct exploration to confirm historical mineralization reported on the property and there is no guarantee that significant discovery will be made as a result of its exploration efforts. Mr. Gurminder Sangha, CEO of First Energy Metals stated that, “We are very pleased to acquire these claims adjacent to the Augustus and Canadian Lithium prospects on the Property. The new acquisition will give more ground to expand our current drill program to the east, west and south if the mineralization extends in that direction. This acquisition is a result of successful exploration work of First Energy showing excellent lithium mineralization on surface and drill holes.”Transaction Details:

Pursuant to a property purchase agreement between Globex and the Company, First Energy will acquire a 100% interest in the McNeely Lithium Property by making a cash payment of $250,000 and issuing 2,000,000 common shares.  The Sellers will retain a 3.0 % Gross Metal Royalty (“GMR”) on the property.This above noted agreement is with a non-related party and there are no directors, officers or senior management in common. Closing of the Transaction is subject to obtaining all required approvals, including the CSE and including any other regulatory approval.Afzaal Pirzada, P.Geo., who is a consultant of the Company, and a “Qualified Person” for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.About First Energy Metals Limited.First Energy Metals is a Canadian mineral exploration company with a primary focus of acquiring a multicommodity mineral property portfolio. Its goal is to identify, acquire and explore North American mineral prospects in the technology metals, precious metals, and base metal sector.

The company’s strategy is to:Acquire and advance projects through prospecting and early-stage exploration; Source joint venture partners to finance future exploration and project development; Create shareholder value through exploration success.First Energy will continue to add to its multicommodity portfolio through organic acquisitions of new projects and opportunities with the intention of adding value and projects over time.ON BEHALF OF THE BOARD OF FIRST ENERGY METALS LTD.”Gurminder Sangha”Gurminder SanghaPresident & Chief Executive OfficerNeither the Canadian Securities Exchange (CSE) nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release and has neither approved nor disapproved the contents of this news release.

Forward-looking Information  Except for the statements of historical fact, this news release contains “forward-looking information” within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. “Forward-looking information” in this news release includes information about the Company’s proposed Transaction and other forward-looking information includes but is not limited to information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, the Company’s proposed Transaction may not be completed on the terms and timing currently contemplated, or at all; and other risks as more fully set out in the Company’s continuous disclosure filings at www.sedar.com.The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company’s ability to obtain required approvals and close the proposed Transaction. The Company has also assumed that no significant events occur outside of the Company’s normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.SOURCE First Energy Metals Limited

Boring tunnel Los Angeles
Robyn Beck/Pool via REUTERS

NEW YORK, June 9, 2021 /PRNewswire/ — Riskified, the leading fraud prevention solutions provider today announced that they have joined the Shopify Plus Certified App Program to bring the Chargeback Guarantee to Shopify Plus enterprise merchants. The announcement is the next step in the relationship between Riskified and Shopify, having originally partnered in 2012 to help merchants of all sizes increase revenue, reduce costs and improve the customer experience by better identifying legitimate customers.Enterprise merchants relying on Shopify Plus to sell anywhere can see their sales increase and costs lower when they go live with Riskified. Riskified helps merchants know whether to accept or reject an order in real-time. By reviewing every transaction and comparing them to prior orders across its global network of merchants, Riskified can spot fraudsters and recognize their tactics in patterns that individual merchants never could. “Shopify Plus enterprise merchants can face a host of challenges as they scale, ranging from the complexities of cross-border expansion to the continuously changing patterns of fraud, and Riskified is there to help,” saidAaron Pratt, VP of Global Partnerships, Riskified. “Starting today, Shopify Plus merchants have access to the Riskified Chargeback Guarantee which ensures that Shopify Plus merchants never pay for fraud on orders approved by Riskified; Merchants can confidently expand their business knowing that they are providing their customers with the least friction required wherever customers buy online and that liability for fraud has shifted to Riskified.”Riskified currently works with dozens of well-established Shopify merchants, including Gymshark and Steve Madden. The Shopify Plus certification means that Riskified has been carefully vetted for the performance, support, and security that enterprise merchants demand. Shopify Plus merchants can now select Riskified and immediately receive decisions about whether to approve customer orders. Riskified is pre-integrated with Shopify Plus, meaning merchants can enable Riskified’s chargeback-guarantee solution without additional development resources.

“The Shopify Plus Certified App program is designed to meet the advanced requirements of the world’s fastest-growing brands,” said Fatima Yusuf, Director of Partnerships, Shopify. “We’re happy to welcome Riskified to the program, bringing their insight and experience in fraud prevention to the Plus merchant community.”Riskified’s solution can be customized to meet the needs of any Shopify Plus merchant. Merchants can submit whatever orders they choose for review, from specific order segments or geographic regions up to full volume. In addition to fraud prevention, Riskified also offers solutions to prevent account takeover attacks, recover revenue lost to payment failure, and increase authorization rates. Learn more at https://pages.riskified.com/shopify/.About RiskifiedRiskified empowers businesses to realize the full potential of eCommerce by making it safe, accessible, and frictionless. We have built a next-generation platform that allows online merchants to create trusted relationships with their consumers. Leveraging machine learning that benefits from a global merchant network, our platform identifies the individual behind each online interaction, helping merchants—our customers—eliminate risk and uncertainty from their business. We drive higher sales and reduce fraud and other operating costs for our merchants and provide superior consumer experiences. See www.riskified.com View original content to download multimedia:https://www.prnewswire.com/news-releases/riskified-joins-shopify-plus-certified-app-program-to-expand-its-support-of-shopify-merchants-with-increased-revenue-and-reduced-costs-301308395.html

SOURCE Riskified, Inc.

(RTTNews) – Indian shares are seen opening little changed on Wednesday after the World Bank cut its India GDP growth forecast for FY22 to 8.3 percent from 10.1 percent estimated earlier in April.

Mixed global cues may also weigh on sentiment as investors await cues from a key U.S. inflation report and the ECB meeting outcome due this week.

Benchmark indexes Sensex and the Nifty ended a choppy session marginally lower on Tuesday, while the rupee fell by 9 paise to close at 72.89 against the U.S. dollar.

Asian stocks were broadly lower this morning while oil prices rose for a second day after industry data showed U.S. crude oil inventories fell last week.

Oil settled at the highest in more than two years on Tuesday after U.S. Secretary of State Antony Blinken said hundreds of U.S. sanctions on Tehran likely would remain in place even if Iran and the United States return to compliance with the nuclear deal with world powers.

U.S. stocks ended a lackluster session on a flat note overnight as investors weighed worries over inflation and supply chain troubles against signs of a pandemic recovery.

The U.S. trade deficit narrowed in April and job openings soared to a new record high in the month, reinforcing investor optimism around the economic recovery.

European stocks ended slightly higher on Tuesday as investors digested the latest batch of economic data from the euro area and looked ahead to U.S. inflation data, due on Thursday.

The pan European Stoxx 600 edged up 0.1 percent. France’s CAC 40 index inched up 0.1 percent and the U.K.’s FTSE 100 gained 0.3 percent, while the German DAX slipped 0.2 percent after data showed industrial output fell unexpectedly in April.

(RTTNews) – The Indonesia stock market has finished lower in two of three trading days since the end of the six-day winning streak in which it had surged more than 330 points or 6.5 percent. The Jakarta Composite Index now sits just beneath the 6,000-point plateau and it’s expected to remain in that neighborhood again on Wednesday.

The global forecast for the Asian markets offers little guidance on a lack of catalysts. The European and U.S. markets were mixed and little changed and the Asian bourses are expected to open in similar fashion.

The JCI finished sharply lower on Tuesday following losses from the financial shares, resource stocks and cement companies.

For the day, the index skidded 70.57 points or 1.16 percent to finish at 5.999.37 after trading between 5,992.12 and 6,075.89.

Among the actives, Bank Danamon Indonesia tanked 2.13 percent, while Bank CIMB Niaga surrendered 3.09 percent, Bank Central Asia shed 1.53 percent, Bank Mandiri declined 2.04 percent, Bank Rakyat Indonesia was down 1.18 percent, Indosat plunged 4.85 percent, Indocement tumbled 3.25 percent, Semen Indonesia sank 2.16 percent, Indofood Suskes dropped 3.04 percent, United Tractors jumped 1.96 percent, Astra International added 0.48 percent, Astra Agro Lestari retreated 2.74 percent, Aneka Tambang lost 1.26 percent, Vale Indonesia eased 0.22 percent, Timah slid 0.96 percent, Bumi Resources climbed 1.67 percent and Bank Negara Indonesia was unchanged.

The lead from Wall Street is unclear as stocks spent Tuesday’s session bouncing back and forth across the unchanged line, finally settling mixed and little changed.

The Dow fell 30.42 points or 0.09 percent to finish at 34,599.82, while the NASDAQ gained 43.19 points or 0.31 percent to end at 13,924.91 and the S&P 500 rose 0.74 points or 0.02 percent to close at 4,227.26.

Despite optimism about economic growth amid the vaccine rollout, investors were reluctant to build up positions ahead of upcoming inflation data and concerns the Federal Reserve may start discussions on tapering its asset buying program.

Inflation data for May is due out on Thursday and may provide some cues on policy from the Federal Reserve – which is scheduled to meet next week.

Crude oil futures spiked on Tuesday on hopes that demand will continue to rise following reports that the Pfizer and AstraZeneca Covid vaccines are effective against the Covid Delta variant. West Texas Intermediate Crude oil futures for July ended up by $0.82 or 1.2 percent at $70.05 a barrel, the highest settlement since October 2018.

TORONTO, June 8, 2021 /CNW/ – William Smith, Can Endeavour LLC, Endeavour Holdings LLC and Sage Investing LLC  (collectively, the “Smith Group”) announced that, pursuant to the terms of a proposed (but not delivered, originally or as to be reissued) amended and restated promissory note dated January 16, 2020 (the “Note”) from Cansortium Inc. (“Cansortium”) in the principal amount of US$12,933,290.02 that was owing to Can Endeavour LLC, on May 6, 2021 Can Endeavour LLC was permitted by Cansortium to convert the Note into 21,555,483 common shares (“Common Shares”) of Cansortium at a price of US$0.60 per Common Share (the “Conversion”).As a result of the Conversion, the Smith Group’s common share holdings increased by 6.86%.Prior to the Conversion, the Smith Group held 222,222 warrants to purchase additional Common Shares at an exercise price of $0.45 per share, 1,421,538 proportionate voting shares (the “PVS”), representing 19.18% of the then outstanding PVS, and 14,102,608 Common Shares, representing 12.39% of the then outstanding Common Shares. Each PVS carries 10 votes per share and is also convertible into 10 Common Shares.Following the Conversion, the Smith Group holds 222,222 warrants to purchase additional Common Shares, 1,421,538 PVS, representing 26.02% of the current outstanding PVS, and 35,658,091 Common Shares, representing 19.25% of the current outstanding Common Shares. The Common Shares and PVS held by the Smith Group represent approximately 14.87% and 5.93%, respectively, of all voting rights attached to the issued and outstanding voting securities of Cansortium.In addition, pursuant to the terms of a letter agreement dated as of January 15 or 16, 2020, between Endeavour Holdings LLC and certain founding shareholders of Cansortium and to be delivered by Cansortium, the Smith Group is entitled to receive 425,355.30 PVS and 734,962 Common Shares, of which 356,366.20 PVS and 734,962 Common Shares remain owing to the Smith Group (the “Side Letter Entitlement”). The Side Letter Entitlement represents 1.78% of all voting rights attached to the issued and outstanding voting securities of Cansortium.

Upon the exercise of warrants, the conversion of the PVS, the receipt of the Side Letter Entitlement, and together with the Common Shares already held, the Smith Group would hold 54,394,227 Common Shares of Cansortium, representing 27.25% of the outstanding Common Shares and 22.67% of all voting rights attached to the issued and outstanding voting securities of Cansortium.Pursuant to the terms of an agreement between Cansortium, William Smith, Can Endeavour and certain other related companies and entities, dated as of August 13, 2018, as subsequently amended, Can Endeavour has a contractual right to nominate two members to the board of directors of Cansortium, one of which must initially be William Smith. Separately, William Smith and Mark Eckenrode, who was recommended to management of Cansortium by William Smith, have been nominated by the management of Cansortium to be elected as directors of Cansortium at the annual general and special meeting of shareholders to be held on June 30, 2021, as disclosed in the management information circular filed May 26, 2021 and the supplement thereto filed June 4, 2021, both of which are available under Cansortium’s profile on the system for electronic document analysis and retrieval at www.sedar.com.The Smith Group acquired the securities for investment purposes and may, depending on market and other conditions, increase or decrease its beneficial ownership, control or direction over securities of Cansortium through market transactions, private agreements, treasury issuances, exercise of warrants or otherwise.The Smith Group’s address is 155 Middle Plantation Lane, Gulf Breeze, Florida 32561. A copy of the Early Warning Report will appear under the profile of Cansortium on the SEDAR website at www.sedar.com. Cansortium’s head office is located at 82 NE 26th Street, Unit 110, Miami, Florida, 33137.SOURCE The Smith Group

(RTTNews) – The Singapore stock market has alternated between positive and negative finishes through the last seven trading days since the end of the six-day winning streak in which it had jumped almost 75 points or 2.4 percent. The Straits Times Index now rests just above the 3,165-point plateau and now it’s expected to see little movement on Wednesday.

The global forecast for the Asian markets offers little guidance on a lack of catalysts. The European and U.S. markets were mixed and little changed and the Asian bourses are expected to open in similar fashion.

The STI finished modestly lower on Tuesday following losses from the properties and mixed performances from the financials.

For the day, the index shed 8.67 points or 0.27 percent to finish at 3,167.14 after trading between 3,157.32 and 3,181.36. Volume was 2.54 billion shares worth 1.18 billion Singapore dollars. There were 253 decliners and 247 gainers.

Among the actives, Ascendas REIT fell 0.34 percent, while CapitaLand Integrated Commercial Trust lost 0.47 percent, City Developments sank 0.52 percent, Comfort DelGro declined 0.60 percent, Dairy Farm International retreated 0.68 percent, DBS Group skidded 1.02 percent, Keppel Corp tumbled 1.12 percent, Mapletree Logistics Trust advanced 0.50 percent, Oversea-Chinese Banking Corporation eased 0.16 percent, SATS soared 1.00 percent, Singapore Airlines gained 0.41 percent, Singapore Exchange climbed 0.57 percent, Singapore Press Holdings surged 1.69 percent, Thai Beverage spiked 0.74 percent, United Overseas Bank collected 0.15 percent, Wilmar International added 0.42 percent, Yangzijiang Shipbuilding jumped 0.68 percent and Genting Singapore, Jardine Cycle, Jardine Strategic Holdings, Mapletree Commercial Trust, Singapore Technologies Engineering, SembCorp Industries, SingTel and CapitaLand all were unchanged.

The lead from Wall Street is unclear as stocks spent Tuesday’s session bouncing back and forth across the unchanged line, finally settling mixed and little changed.

The Dow fell 30.42 points or 0.09 percent to finish at 34,599.82, while the NASDAQ gained 43.19 points or 0.31 percent to end at 13,924.91 and the S&P 500 rose 0.74 points or 0.02 percent to close at 4,227.26.

Despite optimism about economic growth amid the vaccine rollout, investors were reluctant to build up positions ahead of upcoming inflation data and concerns the Federal Reserve may start discussions on tapering its asset buying program.

Inflation data for May is due out on Thursday and may provide some cues on policy from the Federal Reserve – which is scheduled to meet next week.

Crude oil futures spiked on Tuesday on hopes that demand will continue to rise following reports that the Pfizer and AstraZeneca Covid vaccines are effective against the Covid Delta variant. West Texas Intermediate Crude oil futures for July ended up by $0.82 or 1.2 percent at $70.05 a barrel, the highest settlement since October 2018.

(RTTNews) – After swinging between gains and losses early on in the session, the Canadian stock market recovered and stayed somewhat steady to eventually close modestly higher on Tuesday, led by gains in industrials, real estate and healthcare shares.

The mood was cautious and investors largely stayed reluctant to pick up stocks, choosing to wait for the Bank of Canada’s rate decision on Wednesday and the U.S. inflation data, due a day later.

The benchmark S&P/TSX Composite Index, which scaled a new peak at 20,106.20, ended the session with a gain of 30.62 points or 0.15% at 20,065.92.

Among industrials shares, Air Canada (AC.TO) gained 6.3% and Cae Inc (CAE.TO) climbed 5%, while Tfi International (TFII.TO), Ats Automation (ATA.TO), Snc-Lavalin (SNC.TO), Westport Fuel Systems (WPRT.TO), Ballard Power Systems (BLDP.TO), Gfl International (GFL.TO) and New Flyer Industries (NFI.TO) gained 2 to 4%.

Real estate stocks Real Matters (REAL.TO) and Colliers International Group (CIGI.TO) moved up 6.8% and 3.1%, respectively.

In the healthcare section, Tilray Inc (TLRY.TO) gained nearly 3%, Trillium Therapeutics (TRIL.TO) climbed 2.2%, Chartwell Retirement Residences (CSH.UN.TO) gained 1.8% and Aurora Cannabis (ACB.TO) ended higher by 1.5%.

Data released by Statistics Canada this morning showed Canada posted a trade surplus of C$ 0.59 billion in April compared to an upwardly revised deficit of C$ 1.35 billion in the prior month and against market expectations of a C$ 0.7 billion gap.

Exports from Canada retreated 1% month-over-month to C$ 50.2 billion in April, while imports dropped by 4.7% month-over-month to C$ 49.6 billion in the month.