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CONVERSION OF DEBENTURE INTEREST INTO EQUITY AND AMENDMENT OF DEBENTURES

Cision Canada5 days ago
MONTRÉAL, July 2, 2025 /CNW/ - Geekco Technologies Corporation (the " Corporation" or " Geekco") (TSXV: GKO) is pleased to announce that, in accordance with the terms and conditions of the convertible debenture units issued on March 1, 2021 (the " First Tranche Debentures Units 2021"), April 14, 2021 (the " Second Tranche Debenture Units 2021", and collectively with the First Tranche Debenture Units 2021, the " Debentures Units 2021") and March 1, 2023 (the " Debentures Units 2023"), Geekco has agreed, subject to the approval of the TSX Venture Exchange (the " TSXV"), to issue (i) 1,724,133 class A shares (the " Common Shares") as settlement of payments of interest at a rate of 10% per year on an aggregate principal amount of $1,000,000 of the First Tranche Debentures Units 2021 and equal to $100,000; (ii) 500,000 Common Shares as settlement of payments of interest at a rate of 10% per year on an aggregate principal amount of $250,000 of the Second Tranche Debentures Units 2021 and equal to $25,000; and (iii) 1,293,103 Common Shares as settlement of payments of interest at a rate of 15% per year on an aggregate principal amount of $500,000 of the Debentures Units 2023 and equal to $75,000. The Common Shares will be issued at the price of $0.058 per Common Share with respect to the First Tranche Debentures Units 2021 and Debenture Units 2023, which is equal to the volume-weighted average trading price (" VWAP") of the Common Shares on the TSXV for the last 20 days prior to the respective applicable payment date. The Common Shares will be issued at the price of $0.05 per Common Share with respect to the Second Tranche Debentures Units 2021, which equals the closing price on the applicable payment date, as it exceeded the 20-day VWAP. The Common Shares will also be subject to a statutory four-month hold period beginning on the date of issuance.
Extension and Modifications to Outstanding Convertible Debentures
Geekco also announces modifications to the outstanding First Tranche Debentures Units 2021, Second Tranche Debentures Units 2021 and Debenture Units 2023, representing an aggregate principal amount of $1,720,000. The modifications consist of an extension of their respective maturity dates by 24 months from the current maturity date of March 1, 2025, with respect to the First Tranche Debentures Units 2021 and the Debentures Units 2023 (together representing an aggregate principal amount of $1,470,000), and April 14, 2025, for the Second Tranche Debenture Units (representing an aggregate principal amount of $250,000) (the " Current Maturity Date"). During this extended period, (i) the minimum conversion price of the principal amount in Common Shares by the Corporation will be of $0.15 during the first 12 months from the Current Maturity Date and of $0.30 thereafter; (ii) the VWAP of the Common Shares for the last 20 days on the TSXV which triggers the option by the Corporation to accelerate the conversion is of $0.225 during the first 12 months from the Current Maturity Date and of $0.30 thereafter; and (iii) the conversion rate of the principal amount in Common Shares by the debentures units holders will be of 6,666 Common Shares per $1,000 Debenture if converted during the first 12-month period from the issue date and of 3,333 Common Shares thereafter. All other terms of the debenture units remain unchanged, including those of the attached warrants, which have not been extended and have thus expired at maturity, as well as the respective interest rates of 10% for the 2021 Debenture Units and 15% for the 2023 Debenture Units, except that interests for the latter with respect to its third anniversary year and going forward are now payable at the maturity date (uncompounded and not capitalized).
Each Warrant which were attached to the Debenture Units 2021 and the Debenture Units 2023 (now expired) entitled their holders to acquire one Common Share for a period of 24 months at an exercise price equal to (i) $0.75 during the first year ($0.50 for the Debenture Units 2023) and (ii) $1.00 during the second year ($0.75 for the Debenture Units 2023), provided that if the volume weighted trading price of the Common Shares for the last 20 days on the TSXV is equal to, or greater than the applicable exercise price plus 20% per Common Share, then the Corporation may force the holder to exercise the Warrants into Common Shares within 30 days, after which the Warrants shall automatically expire.
These modifications will take effect as of the respective Current Maturity Date of each set of convertible debentures, subject to the approval of the TSXV. For more details on the Debenture Units 2021 and Debenture Units 2023, please refer to the press releases issued by the Corporation on March 1 and April 14, 2021, as well as March 2 and April 13, 2023.
The Debenture Units 2023 indirectly held by Henri Harland, a holder of more than 10% of the outstanding securities of the Corporation, through Gestion Harland Inc., are now convertible into up to a potential of 3,333,333 Common Shares. In addition, 1,293,103 Common Shares were issued to Gestion Harland Inc. in settlement of interest payments on the Debenture Units 2023. As a result, Mr. Harland's shareholding, directly and indirectly, has increased by 0.69% to reach 21.33% on an undiluted basis after closing of the above repricing of the Debentures Units 2023 (has increased by 1.65% to reach 26.30% on a partly diluted basis). Xavier Harland, a holder of more than 10% of the outstanding securities of the Corporation on a partly diluted basis, has received directly 43,103 Common Shares pursuant to the settlement of the interests in shares and his Debenture Units 2021 are now convertible into up to a potential of 166,666 Common Shares. His shareholding, directly and indirectly, decreased by 0.35% to reach 8.77% on an undiluted basis after closing of the settlement of payments of interests and the above repricing of the First Tranche Debentures Units 2021 (decreased by 0.48% to reach 14.30% on a partly diluted basis). The issuances of the Common Shares to those insiders constitute related party transactions, but which are exempt from the requirement to provide a formal valuation and obtain minority approval under Regulation 61-101 respecting Protection of Minority Security Holders in Special Transactions (" Regulation 61-101"), and the board of directors of the Corporation, which includes independent directors in respect of the transactions who are not employees of the Corporation, has unanimously approved the issuances. These transactions are exempt from the formal valuation and minority shareholder approval requirements of Regulation 61-101 as the Corporation is listed on the TSX Venture Exchange and the fair market value of any security issued to, or the consideration paid, does not exceed 25% of the Corporation's market capitalization. Geekco did not file a material change report pertaining to the insiders' interests more than 21 days prior to the closing date, as such insiders' interests were not determined at that time. The board members of the Corporation unanimously reviewed its financial conditions and the state of the financial market and determined that the terms and conditions of the conversion of debenture interest into equity, including the issuance to the related party, were fair and equitable and represented the best strategic option available. In addition, neither the Corporation nor the said related parties have knowledge of any material information concerning the Corporation or its securities that has not been generally disclosed.
ABOUT GEEKCO
Geekco is positioned at the forefront of technological solutions that are evolving the new way of doing marketing while stimulating and energizing the economy of each city and each neighborhood by making consumers and shops interact like never before. Its Tell Me application allows users to discover businesses around them in real time using the interactive map, access exclusive rewards and even find a job. Shops thus increase their traffic and their visibility while recruiting their future employees. All this in the same app.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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CORRECTION - Osisko Development Announces Positive Bulk Tonnage Ore Sorting Results for the Cariboo Gold Project
CORRECTION - Osisko Development Announces Positive Bulk Tonnage Ore Sorting Results for the Cariboo Gold Project

Globe and Mail

time15 minutes ago

  • Globe and Mail

CORRECTION - Osisko Development Announces Positive Bulk Tonnage Ore Sorting Results for the Cariboo Gold Project

In a release issued under the same headline on July 7, 2025, by Osisko Development Corp. (NYSE: ODV, TSXV: ODV), please note that the highlights section and eleventh paragraph have been updated to reflect the correct reference to gold recovery for the 6–10 mm fraction of "92%" instead of "95%". The corrected release follows: HIGHLIGHTS X-ray transmission (XRT) ore sorter testwork of a ~80 tonne sample taken from the Cariboo underground achieved positive results consistent with 2025 FS parameters 42-55% waste rejection with 84-89% gold recovery achieved by sorting mid-size and oversize sample material including 10 – 30 mm and 30 – 70 mm size fractions, respectively Encouraging results from testing the previously unassessed 6–10 mm size fraction, made possible by recent advancements in AI, demonstrated 59% waste rejection and 92% gold recovery, highlighting a potential opportunity for future optimization 2.0-2.1 upgrade ratio consistent with 2025 FS assumption of 1.95 New testwork represents a significantly larger data set, with previous sorting totalling ~5 tonnes and completed largely on material sourced from drill core 76% of the contained gold in the test sample estimated to report to the fines fraction (<10 mm) Flowsheet optimization work, including a variability study to refine assumptions across the deposit, is contemplated to be completed as part of detailed engineering MONTREAL, July 07, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) (" Osisko Development" or the " Company") is pleased to announce positive results from an ore sorting testing program conducted on a bulk tonnage sample of mineralized material extracted from its permitted, 100%-owned Cariboo Gold Project (" Cariboo" or the " Project"), located in central British Columbia (" B.C."), Canada. The testwork results demonstrate gold recoveries, mass pull, and upgrade ratios consistent with the assumptions outlined in the 2025 FS (as defined herein), and were conducted on a significantly larger scale than previous programs. Importantly, positive results on a previously untested smaller 6–10 mm size fraction may represent a meaningful opportunity for flowsheet optimization. Key summary results are presented in Table 1: Table 1: Cariboo Ore Sorting Results Summary vs. 2025 FS Assumptions Particle Size Sample Mass 2025 Ore Sorter Results 2025 FS Assumptions (mm) (tonnes) Mass Pull Gold Recovery Upgrade Ratio Mass Pull Gold Recovery Upgrade Ratio 6–10 8 41 % 92 % 2.23 — not tested — 10–30 61 45 % 89 % 1.96 14-49% 89.1-96.6% 1.95 30–70 10 58 % 84 % 2.06 14-49% 89.1-96.6% 1.95 1. Mass pull is defined as the percentage of total feed material retained for further processing, with waste rejection being the equivalent inverse measure. 2. Upgrade ratio is defined as the concentrate material grade (post-sorting) divided by the feed material grade (pre-sorting). Meaning if feed grade is x g/t Au an upgrade ratio of 2.0 would equate to 2x g/t Au in post-sorting material. The program, carried out by the Saskatchewan Research Council (" SRC") with support from TOMRA Sorting (" TOMRA") at SRC's testing facility in Saskatoon, Saskatchewan, Canada, utilized an x-ray transmission sensor (" XRT") to evaluate ~80 tonnes of split material (representative of a ~400 tonne bulk sample) using a production-scale TOMRA COM 1200 Tertiary XRT machine. The ore sorter pre-concentrate circuit in the 2025 FS is designed to utilize an XRT sensor to separate unmineralized sandstone (waste rock) from the gold-associated sulfide material (metal bearing rock) based on atomic density. Since the XRT scanner detects sulfide material as high-density and waste as low-density, it can selectively divert marginal material away from the next processing stage at a low cost of approximately C$1-2 per tonne while generating a predominantly non-potentially acid generating (" NPAG") waste product. Sample material, extracted from the underground Lowhee Zone, was initially crushed, screened and split to produce several particle size fractions for testing: (i) fines (<10 mm); (ii) mid-size (10–30 mm); and (iii) oversize (30–70 mm). Additional testing was carried out on a 6–10 mm particle size, which was previously unassessed and not part of the 2025 FS. Methodologies and Additional Observations Overview. The completed ore sorter testwork represents one of the largest programs of its kind, using mineralized material taken directly from the underground. The objective was to further optimize and validate ore sorting parameters within the processing flowsheet, and inform areas for additional opportunities. Previous ore sorter testwork used as the basis for the 2025 FS assumptions primarily relied on laboratory and pilot scale work that in aggregate totalled ~5 tonnes of material largely sourced from drill core samples. Methodology. Consistent with the parameters outlined in the 2025 FS and previous testwork, material was tested in separate size-based tranches. Fines particles of 10 mm or smaller bypassed the sorter, while particles between 10–30 mm and 30–70 mm underwent sorter testing. The sorter was set up for each size fraction by changing the ejection modules between runs with different particle sizes. Each sample tranche was tested in a cascade-style test wherein sorter settings were adjusted between passes to evaluate the relationship between mass pull and recovery. The latest software available from TOMRA was used including recent artificial intelligence (AI) developments implemented by TOMRA. This includes Tomra's "Deep Learning" algorithm, an AI function which uses the intensity of the XRT signal to estimate the depth dimension of a particle, improving the prediction in the 3rd dimension. The five settings used to develop the cascade style test were: ultra-high (>50% of area is sulphide), high sulphide (greater than 20% area), medium sulphide (between 10% and 20% area), and low sulphide (between 5% and 10% area). The first pass targeted the most x-ray responsive material, yielding the highest gold grade, but with lower overall recovery. Subsequent passes were conducted until a target mass pull of approximately 50% was achieved. Opportunities & Next Steps. Testing on a subsample of the fines material consisting of 8 tonnes of the 6–10 mm size fraction, enabled by recent advancements in AI software, showed promising results including 92% gold recovery with a 41% mass pull (refer to Table 1). This size fraction was previously untested for ore sorting and may represent a material opportunity for future flowsheet optimization. An estimated 76% of the gold reported to the fines size fraction in the ore sorter testwork sample, which is elevated relative to the 2025 FS assumption of 45% (see Figure 1), but would contribute to higher overall recoveries. Optimization of the fragmentation model is underway as part of detailed engineering, to refine the process flow sheet parameters. A variability study is contemplated as part of detailed engineering to refine sorting assumptions across the deposit. This will include both laboratory scale work and tests on operating sized equipment. Quality Assurance (QA) / Quality Control (QC) The samples were received at SRC and screened into their separate size fractions (6-10 mm, 10-30 mm, and 30-70 mm). Each size fraction was assayed individually to generate a head assay for each of the tranches. During the processing of each tranche through the sorter, sub samples of product and waste were collected using a sample cutter and observed by Osisko Development's integrated owners team metallurgists. The sub-samples were sent to Base Met lab in Kamloops, B.C., Canada for standard 30g fire assay, in duplicate. For any assays with significant difference between the duplicates additional screen metallics fire assay was used. Screen metallics fire assays are conducted on 1,000 g samples. The material is first screened on a 106 mesh screen and all the coarse material is assayed to extinction. The material passing through the screen is fire assayed in triplicate using 30 g samples and an AA finish. ABOUT CARIBOO GOLD PROJECT The Cariboo Gold Project is a permitted, 100%-owned feasibility-stage project located in the historic Wells-Barkerville mining camp of central British Columbia, Canada. Spanning approximately 186,740 hectares, the Company's land package includes 443 mineral titles and covers a ~77-kilometre strike of highly prospective exploration targets extending northwest to southeast. In late 2024, the Project was granted the Mines Act and Environmental Management Act (British Columbia) permits, marking the successful completion of the permitting process for key approvals, solidifying the Project's shovel-ready status. The Cariboo Gold Project hosts probable mineral reserves of 2.07 million ounces of contained Au (17,815 kt grading 3.62 g/t Au); measured mineral resources of 8,000 ounces of contained Au (47 kt grading 5.06 g/t Au); indicated mineral resources of 1.60 million ounces of contained Au (17,332 kt grading 2.88 g/t Au); and inferred mineral resources of 1.86 million ounces of contained Au (18,774 kt grading 3.09 g/t Au). Mineral resources are reported exclusive of mineral reserves. Qualified Persons The scientific and technical information contained in this news release has been reviewed and approved by Tad Crowie, Senior Metallurgist of JDS Energy & Mining Inc. and Victor Gauthier, Manager – Technical Services of Osisko Development, each of whom is considered to be a "qualified person" within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects (" NI 43-101"). Technical Reports Information relating to Cariboo Gold Project and the 2025 feasibility study (" 2025 FS") are supported by the technical report, titled "NI 43-101 Technical Report, Feasibility Study for the Cariboo Gold Project, District of Wells, British Columbia, Canada" and dated June 11, 2025 (with an effective date of April 25, 2025) (the " Technical Report"). The Technical Report is intended to be read as a whole, and sections should not be read or relied upon out of context. Reference should be made to the full text of the Technical Report, including all assumptions, qualifications and limitations therein, which is available electronically on SEDAR+ ( and on EDGAR ( under Osisko Development's issuer profile and on the Company's website at _____________________ End Notes (excluding tables) 1. In this news release the Company uses certain abbreviations, including: million ("m"); thousand ("k"); metric tonne ("t"); troy ounce ("oz"); grams per tonne ("g/t"); gold ("Au"); grams ("g"). ______________________ ABOUT OSISKO DEVELOPMENT CORP. Osisko Development Corp. is a continental North American gold development company focused on past-producing mining camps located in mining friendly jurisdictions with district scale potential. The Company's objective is to become an intermediate gold producer by advancing its flagship permitted 100%-owned Cariboo Gold Project, located in central B.C., Canada. Its project pipeline is complemented by the Tintic Project in the historic East Tintic mining district in Utah, U.S.A., and the San Antonio Gold Project in Sonora, Mexico—brownfield properties with significant exploration potential, extensive historical mining data, access to existing infrastructure and skilled labour. The Company's strategy is to develop attractive, long-life, socially and environmentally responsible mining assets, while minimizing exposure to development risk and growing mineral resources. For further information, visit our website at or contact: Sean Roosen Philip Rabenok Chairman and CEO Vice President, Investor Relations Email: sroosen@ Email: prabenok@ Tel: +1 (514) 940-0685 Tel: +1 (437) 423-3644 CAUTION REGARDING FORWARD LOOKING STATEMENTS Certain statements contained in this news release may be deemed "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation (together, "forward-looking statements"). These forward-looking statements, by their nature, require Osisko Development to make certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these forward-looking statements. Forward-looking statements are not guarantees of performance. Words such as "may", "will", "would", "could", "expect", "believe", "plan", "anticipate", "intend", "estimate", "continue", or the negative or comparable terminology, as well as terms usually used in the future and the conditional, are intended to identify forward-looking statements. Information contained in forward-looking statements is based upon certain material assumptions that were applied in drawing a conclusion or making a forecast or projection, including the assumptions, qualifications and limitations relating to the Cariboo Gold Project being permitted; assumptions, qualifications and parameters underlying the 2025 FS (including, but not limited to, the mineral resources, mineral reserves, production profile, mine design and project economics); the results of the ore sorter testwork as an indicator of quality and consistency with the assumptions underlying the 2025 FS, as well as other considerations that are believed to be appropriate in the circumstances; the ability and timing of the Company to attain future optimizations as a result of the ore sorter testwork (if at all); the significance and impact of ore sorting results on the previously untested 6-10 mm material (if any); the reliability of recent advancements in AI, including to identify potential opportunities for future optimization; the relevance and representativity of the size and quality of the ore sorter testwork; the ability and timing of the Company to complete a variability study and the impact thereof (if any); the ability of the Company to achieve ore sorting as contemplated by the 2025 FS; the ability of ore sorting to achieve operating costs as estimated; the ability of ore sorting to generate a non-potentially acid generating waste product; the potential impact of tariffs and other trade restrictions (if any); management's perceptions of historical trends, current conditions and expected future developments; the utility and significance of historic data, including the significance of the district hosting past producing mines, and any other information herein that is not a historical fact may be "forward looking information". Osisko Development considers its assumptions to be reasonable based on information currently available, but cautions the reader that their assumptions regarding future events, many of which are beyond the control of Osisko Development, may ultimately prove to be incorrect since they are subject to risks and uncertainties that affect Osisko Development and its business. Such risks and uncertainties include, among others, risks relating to third-party approvals, including the issuance of permits by governments, capital market conditions and the Company's ability to access capital on terms acceptable to the Company for the contemplated exploration and development at the Company's properties; the ability to continue current operations and exploration; regulatory framework and presence of laws and regulations that may impose restrictions on mining; errors in management's geological modelling; the timing and ability of the Company to obtain and maintain required approvals and permits; the results of exploration activities; risks relating to exploration, development and mining activities; the global economic climate; fluctuations in metal and commodity prices; fluctuations in the currency markets; dilution; environmental risks; and community, non-governmental and governmental actions and the impact of stakeholder actions. Osisko Development is confident a robust consultation process was followed in relation to its received BC Mines Act and Environmental Management Act permits for the Cariboo Gold Project and continues to actively consult and engage with Indigenous nations and stakeholders. While any party may seek to have the decision related to the BC Mines Act and/or Environmental Management Act permits reviewed by the courts, the Company does not expect that such a review would, were it to occur, impact its ability to proceed with the construction and operation of the Cariboo Gold Project in accordance with the approved BC Mines Act and Environmental Management Act permits. Readers are urged to consult the disclosure provided under the heading "Risk Factors" in the Company's annual information form for the year ended December 31, 2024 as well as the financial statements and MD&A for the year ended December 31, 2024 and quarter ended March 31, 2025, which have been filed on SEDAR+ ( under Osisko Development's issuer profile and on the SEC's EDGAR website ( for further information regarding the risks and other factors facing the Company, its business and operations. Although the Company's believes the expectations conveyed by the forward-looking statements are reasonable based on information available as of the date hereof, no assurances can be given as to future results, levels of activity and achievements. The Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by law. Forward-looking statements are not guarantees of performance and there can be no assurance that these forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Fictiv Receives Frost & Sullivan's 2025 Global Supply Chain for Custom Mechanicals Technology Innovation Leadership Recognition
Fictiv Receives Frost & Sullivan's 2025 Global Supply Chain for Custom Mechanicals Technology Innovation Leadership Recognition

Cision Canada

time43 minutes ago

  • Cision Canada

Fictiv Receives Frost & Sullivan's 2025 Global Supply Chain for Custom Mechanicals Technology Innovation Leadership Recognition

Recognized for its innovative approach to global supply chain orchestration, delivering customer value and enabling sustainable growth potential across the custom mechanicals sector SAN ANTONIO, July 7, 2025 /CNW/ -- Frost & Sullivan is pleased to announce that Fictiv, a global manufacturing and supply chain company, has received the 2025 Global Supply Chain for Custom Mechanicals Technology Innovation Leadership Recognition for its outstanding achievements in technology innovation, digital orchestration, and customer value creation. Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Fictiv excelled in both, demonstrating its ability to align strategic initiatives with customer and market needs while executing with precision, agility, and global consistency. This recognition also highlights Fictiv's consistent leadership in delivering scalable, technology-enabled solutions that strengthen global manufacturing networks and advance supply chain resilience in a dynamic, digitally transforming industry. "A key differentiator for Fictiv is its team of experts across regions with local expertise, supplier oversight, quality assurance, and regional compliance—all in one seamless experience," says Sankara Narayanan, Industry Director at Frost & Sullivan. "Despite the shift towards digitization, the supply chain industry needs to rely on human capital, and Fictiv makes sure to back up its advanced technology with a highly experienced team of experts." Long-Term Growth & Innovation Guided by a long-term growth strategy anchored in digital infrastructure, supply chain optimization, and customer-centric innovation, Fictiv has demonstrated an exceptional ability to adapt and lead in a rapidly evolving landscape. The company's investment in integrated enterprise software, AI-driven automation, and strategic talent deployment has enabled it to scale across complex, globally distributed markets, ensuring fast, flexible, and transparent delivery of custom mechanical parts to enterprise customers. Innovation remains central to Fictiv's approach. Its digital platform orchestrates every aspect of the custom manufacturing supply chain—from design guidance to quoting and material sourcing to quality assurance, BOM support, and global fulfillment. Fictiv empowers innovators to move rapidly from prototyping to full-scale production while enhancing supply chain resilience and agility. This recognition also reflects the transformative impact of Fictiv's integration with the MISUMI Group, creating a unified global solution that represents the future of both custom and standard mechanicals. By combining Fictiv's advanced digital orchestration platform with MISUMI's unmatched catalog of configurable components, 22 manufacturing sites, 20 logistics centers, and 66 sales offices worldwide, the partnership delivers a seamless, single-source experience for sourcing mechanical parts at scale. With joint manufacturing hubs across India, Mexico, China, and the U.S., the combined solution enables faster product development, simplified logistics, and greater supply chain resilience. Together, Fictiv and MISUMI are redefining global supply chains—delivering the precision, speed, and flexibility today's innovators demand. "We're honored by this recognition and believe it's a testament to our commitment to simplify sourcing for our global customers," says Dave Evans, Fictiv Co-Founder and CEO. "It's an honor to work with today's greatest innovators who are building the next satellites, robotics, medical devices, clean energy solutions, and electric vehicles." Commitment to Customers Fictiv's unwavering commitment to customer experience further strengthens its leadership position in the market. The company delivers end-to-end transparency and control through real-time visibility while embedding regional support and engineering expertise at every stage. Its supply chain solutions address manufacturing planning, capacity constraints, and engineering-grade material availability, easing bottlenecks and accelerating time-to-market for complex mechanical components. Frost & Sullivan commends Fictiv for setting a high standard in competitive strategy, execution, and market responsiveness. The company's customer-first culture, enterprise-class program management, and robust innovation are transforming the future of the global supply chain for custom mechanicals—delivering measurable outcomes and enabling customers to scale innovation with confidence. Each year, Frost & Sullivan presents the Global Supply Chain for Custom Mechanicals Technology Innovation Leadership Recognition to a company that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in technology, customer satisfaction, and competitive positioning. It recognizes forward-thinking organizations that are reshaping their industries through innovation and growth excellence. Frost & Sullivan Best Practices Recognitions honor companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry. About Frost & Sullivan For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact: E: [email protected] About Fictiv Fictiv, part of the MISUMI Group, is a global manufacturing and supply chain company that enables organizations to scale globally without the typical barriers of cost, complexity, and risk. By leveraging Fictiv's four global manufacturing centers in India, Mexico, China, and the U.S., companies can access high-quality production, optimize supply chain logistics, and mitigate supply chain risk—ensuring they can move from prototype to full-scale manufacturing with speed and confidence. To date, Fictiv has delivered more than 35 million commercial and prototype parts for early-stage companies and large enterprises alike, helping them innovate faster, free up precious resources, and drive profitable growth.

WestJet announces expanded winter schedule with more sun destinations than ever before Français
WestJet announces expanded winter schedule with more sun destinations than ever before Français

Cision Canada

timean hour ago

  • Cision Canada

WestJet announces expanded winter schedule with more sun destinations than ever before Français

CALGARY, AB, July 7, 2025 /CNW/ - WestJet revealed its 2025/2026 winter schedule, featuring five new destinations. While departures will increase by three per cent year-over-year, capacity will be consistent with last winter, as seats will be removed from former Sunwing/Swoop aircraft, which will be updated to WestJet's standard configuration before the start of winter. This winter, WestJet will operate 305 total routes and serve 62 Latin American, Caribbean, and US sun destinations, delivering more affordable opportunities for Canadians to escape the cold and enjoy sun-filled getaways. With both flight-only options through WestJet, and vacation packages through Sunwing Vacations Group, WestJet leads sun travel from Canada. "Canadians want value while escaping the cold, and WestJet's 2025/2026 winter schedule delivers on both affordability and choice," said John Weatherill, WestJet Group Executive Vice President and Chief Commercial Officer. "By expanding our sun network, strengthening key routes and growing strategically across Canada and internationally, WestJet is coming through for Canadians by connecting them to the destinations they love at prices they can afford. In fact, 71 per cent of WestJet's non-stop services are currently priced lower than they were in 2024." New destinations and routes The schedule adds new destinations Panama City, Panama; Guadalajara, Mexico; Tepic (Nayarit), Mexico; Havana, Cuba; and Managua, Nicaragua. The schedule also marks Mexico City's first winter season of operation since becoming a year-round service. Seat capacity across the Latin America and Caribbean region is scheduled to grow by six per cent, with popular vacation hotspots like Costa Rica, the Dominican Republic and Mexico in focus for new route growth. New routes Peak frequency Start date End date Calgary – Cozumel 1x weekly December 20, 2025 April 11, 2026 Calgary – Puerto Plata 1x weekly December 14, 2025 April 12, 2026 Vancouver – Liberia 1x weekly December 12, 2025 April 24, 2026 Montréal – Samaná 2x weekly December 11, 2025 April 12, 2026 Québec City – Montego Bay 1x weekly December 6, 2025 April 11, 2026 Thunder Bay – Punta Cana 1x weekly December 16, 2025 April 7, 2026 Winnipeg – Liberia 1x weekly December 19, 2025 April 25, 2026 Returning routes for Winter 2025/26 Samaná, Dominican Republic, previously offered only through Sunwing Airlines, will now be offered by WestJet, connecting guests to one of the Caribbean's fastest-growing eco-tourism regions, known for its pristine beaches and natural beauty. WestJet also returns service to four additional routes, while restarting seasonal service to dozens of Canada's favourite winter destinations. Strengthening Asia connectivity In addition to sun expansion, WestJet is continuing its growth in international markets. Service between the airline's global hub in Calgary and Tokyo (Narita) will increase from three to seven flights per week, enabling daily connectivity to Asia and contributing to 18 per cent year-over-year in intercontinental growth. "We're prioritizing flexibility, optionality and value to meet Canadians' demand to visit warm weather destinations. With a peak of over 4,300 weekly departures to 106 destinations planned this winter, there's something for everyone!" added Weatherill. WestJet's full winter 2025/26 schedule is available for booking from July 14, 2025. Additional quotes Panama City (PTY) – Gloria De León Zubieta, Minister of Tourism of Panama. "We are pleased to welcome WestJet's upcoming service between Calgary and Panama City, which represents more than a new route, it is an opportunity for Panama to further connect with a high value market like Canada and continue positioning itself as a strategic hub in the region. This connection supports our national goal of attracting more international visitors, and showcasing Panama as a destination that bridges continents, cultures, and opportunities," stated Gloria De León Zubieta, Minister of Tourism of Panama. "This new direct service from Calgary represents much more than just an air connection: This is the result of years of work in conjunction with WestJet, a strategic airline in the Canadian market and a key player in the international expansion of the Riviera Nayarit. Thanks to the new Riviera Nayarit International Airport and historic levels of investment in the regional infrastructure, we can now offer a modern, efficient gateway that is perfectly connected to Mexico's top destinations such as Sayulita, Tequila, Punta Mita, and San Blas, with travel times shorter than ever before. The region is undergoing an unprecedented transformation: tourism is growing, investment is flowing, and we are laying the foundations for sustainable, inclusive, and high-value development in Nayarit." Tepic/Nayarit (TPQ) – Miguel Ángel Navarro Quintero, Governor of Nayarit "We are pleased to announce the launch of a new direct route between Calgary and the Tepic–Riviera Nayarit International Airport, operated by WestJet. This historic flight marks the first direct connection between Canada and the state of Nayarit, representing a major milestone in the expansion of international tourism to the region. This new route makes it easier for Canadian travelers to explore the rich cultural heritage, stunning natural landscapes, and sunny beaches of the Riviera Nayarit and the entire state. We look forward to welcoming more visitors to experience the warmth, beauty, and vibrant traditions that make Nayarit a truly unique destination." Guadalajara (GDL) – Raúl Revuelta Musalem, CEO of Grupo Aeroportuario del Pacífico "The launch of this new route to Calgary, operated by a renowned airline like WestJet, not only expands travel options but also drives an increase in tourist arrivals to the state of Jalisco. In line with our expansion plans, we continue to create optimal conditions for Guadalajara Airport to position itself as a strategic hub for operations targeting the Canadian market," said Raúl Revuelta Musalem, CEO of Grupo Aeroportuario del Pacífico. Havana (HAV) – Cuban Aviation Corporation "The Cuban Aviation Corporation enthusiastically welcomes the announcement of WestJet's operations to Havana this winter. This new service represents a significant step in strengthening ties between Canada and Cuba, and will facilitate the access of more Canadian visitors to the Cuban capital, contributing to the recovery and revitalization of the national tourism sector. We warmly welcome WestJet and wish it every success in this new era, convinced that its presence will contribute to the sustainable growth of tourism and aviation in Cuba." WestJet Cargo – Amanda Ierfino, Vice-President of Sales & Cargo, WestJet "WestJet's 2025/2026 winter schedule marks a pivotal moment for our growing belly cargo operations," said Amanda Ierfino, WestJet Vice-President, Sales and Cargo. " With expanded capacity and increasing momentum, we expect strong cargo demand across new routes to Guadalajara, Managua, Samaná and Havana. The launch of daily service to Tokyo is particularly exciting, as it presents robust two-way trade potential in high-value sectors such as electronics, automotive components, machinery and premium perishables like seafood and fresh fruit." About WestJet WestJet took to the skies in 1996 with just over 200 employees and three aircraft operating service to five destinations. Since then, WestJet has pioneered low-cost travel in Canada, cutting airfares in half, and increasing the flying population in Canada by more than 50 per cent. Following integration with Sunwing in 2025, more than 14,000 WestJetters support nearly 200 aircraft and connect guests to more than 100 destinations across North America, Central America, the Caribbean, Europe and Asia. As a major Canadian employer that includes WestJet Airlines, Sunwing Vacations Group and WestJet Cargo, the WestJet Group is Canada's leading low-cost airline and largest vacation provider, with a united purpose of providing affordable and accessible air and vacation travel to Canadians. Learn more about WestJet at (also available in French) Follow WestJet on Facebook at Follow WestJet on X at and Follow WestJet on Instagram at Subscribe to WestJet on YouTube at

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