33.5 C
Vientiane
Sunday, August 3, 2025
spot_img
Home Blog Page 2392

Hong Kong’s top-ranked innovative companies announced at Corporate Innovation Index Awards Presentation and Forum 2022

WeLab Bank, HSBC and Hang Seng Bank named three top-ranking corporations

HONG KONG SAR – Media OutReach – 23 November 2022 – The Corporate Innovation Index (CII) Awards Presentation Ceremony and Forum 2022 was held today at Cheng Yu Tung Building in the Chinese University of Hong Kong (CUHK) to honour the top-ranked innovative corporations and SMEs in 2022.

CUHK-CII-PR-Photo-Ceremony.jpg

Guests of Honour Commissioner for Innovation and Technology Ms. Rebecca Pun Ting-ting (2nd from left) and Legislative Council Member (Technology and Innovation Constituency) the Hon Duncan Chiu (2nd from right) officiated at the CII Awards 2022 Ceremony together with CUHK Vice-Chancellor and President Professor Rocky S. Tuan (3rd from left) and CUHK Business School’s Dean Professor Zhou Lin (3rd from right), APIB’s Executive Director Professor Cheung Waiman (1st from left) and Mr. Patrick Lee, HKGCC’s Smart City Working Group Convener (1st from right).

Commissioner for Innovation and Technology Ms. Rebecca Pun Ting-ting and Legislative Council Member (Technology and Innovation Constituency) the Hon Duncan Chiu were invited as guests of honour to officiate and present awards at the ceremony, together with CUHK Vice-Chancellor and President Professor Rocky S. Tuan and CUHK Business School’s Dean Professor Zhou Lin.

CUHK-CII-PR-Photo-CII-20.JPG

Representatives from the top 20 CII Constituent Companies awarded the CII Awards 2022 Certificates.

In response to the Hong Kong government’s mission to develop Hong Kong into an innovation hub, the Asia-Pacific Institute of Business (APIB), the executive education arm of CUHK Business School, launched CII in April 2021, with The Hong Kong General Chamber of Commerce (HKGCC) as a strategic partner. The project is initiated by APIB’s Executive Director Professor Cheung Waiman and is funded by the Innovation and Technology Commission (ITC) of the Hong Kong government under the General Support Programme (GSP).

With the aim of energising Hong Kong’s economy with innovation in the digital age, CII is designed to provide an innovation management and assessment tool that helps promote innovation culture, enhance innovation capabilities and recognise achievements in technology adoption among large corporations and SMEs in Hong Kong.

It recruited more than 200 companies to undertake the CII 2022 survey questionnaire, which examined their innovation performance during 2021. The companies come from a wide range of industries, including retail, trading and logistics, manufacturing, tourism and hospitality, business and professional services, financial services and fintech, property, construction and proptech, information, technology and communication, healthcare and biotech.

Speaking at the awards presentation ceremony, Professor Rocky S. Tuan said, “Innovation, sustainability, and social responsibility are at the heart of CUHK’s vision and mission. We seek to become an agent of positive change in knowledge, attitudes and practices in relation to innovative and sustainable development of Hong Kong and elsewhere, and we believe that there is plenty of room and opportunities for the University to collaborate with the industry and the Government. Today, we are thrilled to unveil the inaugural ‘Hong Kong Corporate Innovation Index’ to celebrate the achievements of the top-ranked companies, as well as to inform policymakers on the current trends of innovation in the Hong Kong corporate landscape for the advancement of the innovation and technology ecosystem in Hong Kong.”

Congratulating APIB on its successful inaugural CII, Ms Rebecca Pun said, “Innovation and technology (I&T) provides key impetus for Hong Kong’s high‑quality economic development. We will further enhance the I&T ecosystem and re‑industrialisation. Particularly, we will introduce a new funding scheme, namely, the ‘Research, Academic and Industry Sectors One-plus Scheme’, ‘RAISe+ Scheme’ in short, in the coming year to provide funding on a matching basis for research teams in universities which have good potential to become I&T start-ups, so as to encourage more collaboration among industry, academic and research sectors to drive the ‘1 to N’ transformation of outstanding R&D results and the tech industry development.”

The Hon Duncan Chiu added, “I would like to express my heartiest congratulations on the success of the Corporate Innovation Index Awards Presentation Ceremony and Forum 2022. This event provided those aspiring to drive innovation and transformation with a unique exchange experience where creativity is encouraged, expertise in application of technology is cultivated, and enterprises’ attainment of excellence and innovation is recognised.”

Professor Zhou Lin remarked, “By introducing the first-of-its-kind corporate innovation index in Hong Kong, we hope to extend our culture of innovation to the wider community and create a network of cross-sector experts in business innovation.”

Top 20 CII Constituent Companies and 25 Star Award SMEs in 2022 were honoured at the ceremony. WeLab Bank, HSBC and Hang Seng Bank were awarded the top three innovative corporations for achieving the highest scores in the CII 2022 survey. [For the CII 2022 top-ranked constituent companies and star award SMEs, please refer to appendix 2.]

The forum was divided into two sessions, one for corporations and the other SMEs, Lessons Learnt from Making Innovative Enterprises and SMEs Achieving Innovation Key Success Factors and Overcoming Challenges in Hong Kong. CUHK Business School’s Associate Professor of Practice in Management Professor Toa Charm and Associate Professor of Practice in Entrepreneurship Professor Dominic Chan, CUHK’s Faculty of Engineering Professor of Practice in Financial Technology Professor CK Chan, and HKGCC’s Smart City Working Group Convener Mr Patrick Lee jointly moderated the forum. When addressing at the Forum, Mr Patrick Lee said, “We have embarked on an important journey to identify the success factors of innovation for companies big and small.”

CII online assessment tools, guidebooks and a series of seminars and workshops are now available to help companies rev up their innovation practice. Meanwhile, CII has launched its 2023 Survey; recruitment of participants is already in progress. For details, please visit: https://exed.bschool.cuhk.edu.hk/join-cii/

APPENDIX

Corporate Innovation Index 2022 Ranking

Corporate Innovation Index 2021-2022 CII Constituent Companies:
• WeLab Bank (1st)
• The Hongkong and Shanghai Banking Corporation Limited (2nd)
• Hang Seng Bank (3rd)
• Amazon Web Services Hong Kong Limited (4th)
• YOOV Internet Technology (HK) Limited (5th)
• Prenetics Global Limited (6th)
• Tricor Hong Kong (7th)
• Esquel Group (8th)
• Arup (9th)
• Midland Holdings (10th)

(Companies ranked 11-20, in alphabetical order)
• China State Construction Engineering (Hong Kong) Limited
• FUJIFILM Business Innovation Hong Kong Limited
• Gammon Construction Limited
• Hong Kong Air Cargo Terminals Limited
• Hutchison Telecommunications Hong Kong Holdings Limited
• Lalamove
• MTR Corporation
• New World Development Company Limited
• SenseTime Group Limited
• The Hongkong Electric Co., Ltd.

APPENDIX

CII 2022 SME Star Ranking:

Three-Star Award SMEs: (7) – in alphabetical order
• Asia Top Loyalty Limited
• beNovelty Limited
• BioMed Technology Holdings Limited
• Carbon World Limited
• Provista Technology Limited
• RaSpect Intelligence Inspection Limited
• ShipAny Limited

Two-Star Award SMEs: (6) – in alphabetical order
• Frutodor Limited
• iASPEC Technologies Limited
• Koln 3D Technology (Medical) Limited
• Royal Learning Group Limited
• Venture Global Limited
• Wizpresso Limited

One-Star Award SMEs: (12) – in alphabetical order
• Animae Technologies Limited
• Digital Oasis Limited
• Eco Enrich Company Limited
• Foresee Information Technology Co. Limited
• Hai Kang Life Corporation Limited
• Hong Kong Virtual Asset Exchange
• Oriental Machine Tool Co. Ltd
• Rice Robotics Limited
• SyZyGy Limited
• TESS Asia Limited
• ubiZense Limited
• Wessen Group Limited

Hashtag: #CUHKBusinessSchool

About Corporate Innovation Index

In response to the Hong Kong government’s call to develop Hong Kong into the innovation hub of the region, APIB of CUHK Business School has established conceptual framework of corporate innovation for Hong Kong in the digital age, developing a set of measurement matrices called the Corporate Innovation Index (CII). It will recruit hundreds of large corporations and SMEs to participate in the CII ranking annually. CII aims to promote awareness and the importance of innovation among Hong Kong corporations in the fast-changing, digital age; recognise top-ranked innovative companies and help participating companies to benchmark against and learn from industry leaders; strengthen the innovation capabilities of Hong Kong corporations and business leaders through education and training; and inform policymakers on the state of and current trends in corporate innovation in Hong Kong to facilitate the formulation of public policies that advance the sustainability, competitiveness and reputation of Hong Kong companies locally and internationally. CII is funded by the Innovation and Technology Commission (ITC) of the HKSAR, under the General Support Scheme (GSP).

For more details, please visit:

About CUHK Business School

CUHK Business School comprises two schools – Accountancy, and Hotel and Tourism Management – and four departments: Decision Sciences and Managerial Economics, Finance, Management, and Marketing. Established in Hong Kong in 1963, it was the first business school to offer BBA, MBA and Executive MBA programmes in Asia. Today, CUHK Business School offers 10 undergraduate programmes and 20 graduate programmes, including MBA, EMBA, MAcc, MSc, MPhil, DBA and PhD. The school currently has more than 4,600 undergraduate and postgraduate students from more than 20 countries and regions.

In the Financial Times Executive MBA Ranking 2022, CUHK’s EMBA was ranked 24th in the world. In Financial Times Global MBA Ranking 2022, CUHK’s MBA was ranked 50th. CUHK Business School has the largest number of business alumni (more than 40,000) among universities and business schools in Hong Kong – many of whom are business leaders.

Henderson Land Achieves Double Platinum Certification on WiredScore and SmartScore for Its Flagship Commercial Project, The Henderson

HONG KONG SAR – Media OutReach – 23 November 2022 – Henderson Land Development Company Limited (“Henderson Land” or “the Group”) (Stock code: 12), has been awarded Double Platinum Certification for technology in real estate for The Henderson, the Group’s highly anticipated flagship commercial landmark at Murray Road, Central. The project has secured both WiredScore and SmartScore Platinum certifications in recognition of its outstanding digital connectivity and advanced smart technology.

Caption
Henderson Land Development Company Limited has been awarded Double Platinum Certification for technology in real estate for The Henderson

The Henderson is among the first commercial projects in Hong Kong to have obtained such certifications, which is a reflection of the Group’s unwavering dedication to providing first-class digital connectivity and exceptional smart building standards. The Henderson has been designed and engineered to provide the best workplace experience for its tenants at the heart of Hong Kong’s vibrant central business district. As the epitome of the Group’s mission to set world-class standards of sustainability and innovation, The Henderson is now on par with global landmarks such as the Shard in London and the Empire State Building in New York which has also received these prestigious Platinum certifications.

Rated against the pioneering architectural projects around the world based on the WiredScore Certification system (including resilience, tenant experience, mobile, choice of providers and future readiness), The Henderson has been awarded the highest Platinum certification for its high resiliency level on telecommunication services with TGT’s Glass-in-Gas technology, high-speed ring connection backbone and unique triple lead-in design. The smart and human-centered design features of The Henderson also earned the highest level of recognition in the SmartScore Certification system, which measures the technological capabilities of a building and its ability to provide its users with an exceptional experience.

The Henderson is highly sought-after by businesses that share the Group’s vision of embracing forward-thinking design and technology to enhance sustainability and workplace quality. With its state-of-the-art innovative and sustainable design, The Henderson is well positioned to provide the most comfortable environment with world-class facilities. A dedicated tenant platform, Integrated Tenant Experience Analytic Platform (ITEAP), has been established to ensure tenant-centric smart building experiences, in which its defined data schema and optimized analysis models enable near real-time interaction between building operators, tenants and the assets. The insightful analytics on user behaviour provides a basis to deliver tailored services and adaptive customer experiences for tenants to enjoy. This data will be visualised as a dashboard so that senior management can monitor The Henderson‘s ESG performance and also respond in real time to property operations.

To ensure close attention to the health and wellbeing of the tenants, Internet of Things (IoT) sensors are installed throughout The Henderson to enable seamless monitoring of the building environment so that optimal performance in indoor climate and air quality can be maintained. The extensive use of fault-predicting artificial intelligence and smart designs are all rooted in the commitment of The Henderson to provide the best support for flourishing businesses around the clock, fulfilling the needs of globalised business trends throughout the day in a resilient and stable manner. A multi-purpose, intelligent tenant mobile app harnessed with the power of artificial and emotional intelligence, as well as multi-language support, will also enable thoughtful user experiences to enrich the lives of the tenants.

Commenting on the accreditations, Kristine Li, Senior Deputy General Manager of Portfolio Leasing Department of Henderson Land, said, “We are thrilled to achieve both WiredScore and SmartScore Platinum for The Henderson, which are further recognition of our leadership in designing smart buildings and setting the standards of modern-day property development. In addition to our industry-first Landlord-Individual-Tenant (LIT) ESG Partnership Programme, these honours are an endorsement of the Group’s unstinting commitment to reshape the current landscape in the property sector and to champion industry-leading sustainable practices in Hong Kong.”

She continued, “The Henderson is the embodiment of our ambitions to build a future workplace that allows great ideas and smart business to flourish from within. Apart from international business leaders such as Christie’s and Carlyle who have already cast a vote of confidence by becoming The Henderson’s tenants, we welcome like-minded business pioneers and leaders in their respective industries to embark on a shared journey towards a sustainable future with us at The Henderson.”

Prior to these latest WiredScore and SmartScore Platinum certifications, The Henderson had already received numerous awards and accolades, including the Grand Award (New Buildings Category: Projects Under Construction and/or Design – Commercial) at Green Building Award 2021, as well as Platinum Pre-certification in both WELL Building Standard (WELL) and Leadership in Energy and Environmental Design (LEED).

Hashtag: #HendersonLand

About The Henderson

The Henderson is set to become a world-class architectural landmark of Hong Kong, “an icon amongst icons”. Located at Murray Road, Central, this new 465,000-square-foot super Grade-A office tower will be a showcase for health, resilience, smart technology and sustainability.

Designed by world-renowned Zaha Hadid Architects and equipped with a state-of-the-art, innovative and sustainable design, The Henderson echoes the organic beauty of the natural world, reinterpreting the structural forms and layering of a Bauhinia bud about to blossom.

With its high-tensile steel structure, The Henderson will cater for exceptionally wide, light-filled column- free open offices in its typical plans, which offer flexibility and an unseen level of collaboration for its tenants. The Henderson, which is expected to be completed in 2023, has already received numerous awards and accolades, including the Grand Award (New Buildings Category: Projects Under Construction and/or Design – Commercial) at Green Building Award 2021, Platinum Pre-certification in both WELL Building Standard (WELL) and Leadership in Energy and Environmental Design (LEED).

About Henderson Land Group

Founded in 1976 and listed in Hong Kong since 1981, Henderson Land Development Company Limited (Stock code: 12) is a leading property group with a focus on Hong Kong and mainland China. Henderson Land is carrying on its legacy into the future, curating a property portfolio that grows from strength to strength and encompasses award-winning landmark projects such as the International Finance Centre complex and The Henderson.

In addition to its core business in property development and property investment, the Group also holds strategic investments in two listed subsidiaries (namely, Henderson Investment Limited and Miramar Hotel and Investment Company, Limited) and two listed associates (namely, The Hong Kong and China Gas Company Limited, which in turn has equity stakes in a listed subsidiary, Towngas Smart Energy Company Limited, and Hong Kong Ferry (Holdings) Company Limited).

Henderson Land has a long-term commitment to sustainability and is a pioneer in green building and sustainable practices which harness innovation and technology to create new, smarter living. The Group is a strong advocate of social responsibility and invests in a broad range of community causes and initiatives. For more information, please visit www.hld.com.

Laos Sends Message of Condolence to Indonesia

Prime Minister Phankham Viphavanh

Prime Minister Phankham Viphavanh has sent a message of condolence to Indonesian President Joko Widodo after an earthquake hit Indonesia’s main island of Java on Monday claiming hundreds of lives.

Two Lao-Americans Get Elected as Mayors in the United States

Xaykham Khamsyvoravong and Sheng Thao were selected as mayors of Newport and Oakland respectively.
Xaykham “Xay” Khamsyvoravong was unanimously chosen as mayor of Newport, Rhode Island and Oakland City Council Member Sheng Thao emerged as the mayor of the Californian city this month.

Li-FT to Acquire the Yellowknife Lithium Project, a Portfolio of 14 Significant Spodumene Pegmatites

Vancouver, British Columbia – Newsfile Corp. – 23 November 2022 – Li-FT Power Ltd. (CSE: LIFT) (FSE: WS0) (“Li-FT” or the “Company“) is pleased to announce that it has entered into an amalgamation agreement dated November 22, 2022 (the “Amalgamation Agreement“) with 1361516 B.C. Ltd. (the “Target), a private company holding a 100% interest in the Yellowknife Lithium Project (the “Project” or the “Properties“), whereby the Company will acquire all of the issued and outstanding shares of the Target (the “Transaction“).

The Yellowknife Lithium Project is comprised of mineral leases that cover the majority of the lithium pegmatites that make up the Yellowknife Pegmatite Province (“YPP“). The YPP has been noted to be one of the largest lithium resources in the Western world (Page, 1987 – Equinox Resources). Numerous spodumene-bearing pegmatites with strike lengths up to 1,800 meters and widths up to 40 meters outcrop in a spectacular fashion within the Project and are plainly visible from satellite imagery (Figures 2, 3, & 4). A list of pegmatites and their dimensions is detailed below in Table 1. The YPP also benefits from excellent existing infrastructure, including roads, rail and a skilled labour force that could support the development of this project.

Francis MacDonald, CEO of Li-FT, comments, “The Yellowknife Lithium Project is a tremendous opportunity to consolidate numerous lithium pegmatites that have the potential to be one of the largest hard rock lithium resources in North America. The Project was held privately for 35 years without having any exploration work completed at a time when lithium was not an exciting commodity. We look forward to completing an aggressive drill program to delineate the subsurface extent of the abundant lithium mineralization we see at surface.”

Transaction Highlights

  • Portfolio of lithium pegmatites which could produce the largest hard rock lithium resource in North America. The Yellowknife Project contains 14 different lithium pegmatite systems, most of which are visible in satellite imagery. Historic channel sampling has produced average grades from 1.10 – 1.59% Li2O over widths of 7 to 40 meters. Strike extents of pegmatites visible on surface are 100 to 1,800 meters (see Figure 2).
  • Transformative acquisition leading to resource development drilling. The Company plans to initiate an aggressive drill program once necessary permits are received to advance the Yellowknife Project towards a maiden resource estimate.
  • Advantageous location near railway. Railway access at the town of Hay River, located on the southern side of Great Slave Lake, can be utilized for shipping spodumene concentrate. Spodumene concentrate could be moved by barge from Yellowknife to the rail head or by all-weather road.
  • Road accessible. The Fi, Ki, and Hi minerals leases are located within 60 kilometers of the city of Yellowknife and are accessible from the asphalt-surfaced Ingram Trail, then by 10 kilometers along the Thompson-Lundmark mine access road. The BIG lease is located approximately 30 kilometres to the east of Yellowknife along the Ingram Trail, then five kilometers to the south along winter access trails.
  • $11,700,000 in cash. As of October 31, 2022, the Target had $11,700,000 in cash and cash equivalents.

Cannot view this image? Visit: https://laotiantimes-com.laocdn.com/2022/11/145404_7133c933a40f7b9f_002.jpg

Figure 1 – Locations of the 14 lithium pegmatites within the Yellowknife Project which is located to the east of the city of Yellowknife, capital of the Northwest Territories.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8766/145404_7133c933a40f7b9f_002full.jpg

Cannot view this image? Visit: https://laotiantimes-com.laocdn.com/2022/11/145404_7133c933a40f7b9f_003.jpg

Figure 2 – Yellowknife lithium pegmatite outlines (all at the same scale). Pegmatite outlines are interpreted from satellite imagery, historic geologic mapping, and current geologic mapping completed in September, 2022.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8766/145404_7133c933a40f7b9f_003full.jpg

Project History

Lithium mineralization hosted in spodumene-bearing pegmatites of the Yellowknife Pegmatite Province (YPP) was first discovered in the 1940’s and intermittently explored through to the 1980’s. Canadian Superior Exploration Limited (CSEL), the exploration arm of Superior Oil, completed systematic mapping, spodumene crystal counts, blasting-trenching, channel sampling and diamond drilling in the area from 1975 to 1979. CSEL estimated an overall resource potential for the YPP of 49 million tons at an average grade of 1.40% Li2O1 (calculated to a vertical depth of 152m) of which 75% is located within the Yellowknife Project (Lasmanis, 1978). This estimate was not prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) and was prepared prior to the current CIM Definition Standards for Mineral Resources and Mineral Reserves. Further, a qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves; and the Company is not treating the historical estimate as current mineral resources or mineral reserves. Additional confirmation drilling will be necessary to achieve a resource estimate which will be compliant with the requirements of NI 43-101.The historical estimate should not be relied upon and there can be no assurance that any of historical resources, in whole or in part, will ever become economically viable.

Superior Oil was acquired by Mobil in 1984 which led to the divestment of the CSEL mineral properties and the claims holding the largest lithium pegmatites were transferred to a private company owned by the Target. In 1985, the private company entered into an option agreement with Equinox Resources Ltd. who collected bulk samples in 1987 for initial metallurgical testing. The results from initial metallurgical testing were positive and Equinox recommended a full feasibility study. Equinox was later acquired by Hecla Mining Company and the YPP lithium deposits reverted back to the private company. Since 1987, very little exploration work was completed on any of the pegmatites.

Cali Lease – Little Nahanni Pegmatite Field

In addition to the Yellowknife Project, the Target holds the Cali lease located in the Little Nahanni Pegmatite Field in the MacKenzie mountains in Northwest Territories near the Yukon border. The Little Nahanni Pegmatite Field has been noted to have greater than 275 complex rare element pegmatites over an area of 13 by 2.5 kilometers. CSEL also held the Cali pegmatite in the 1970’s which subsequently was acquired during the portfolio acquisition in 1983.

The Cali pegmatite was mapped by CSEL in 1977 and was described as outcropping over a 500 meter strike length, having a 300 meter outcropping vertical extent, and having up to 100 meter width. Panels of metasedimentary country rock occur within the spodumene-bearing pegmatite which has been described to have 60 meters of pegmatite dyke material. Float mapping suggests that the lithium-bearing dyke could be up to 1,200 meters in strike length.

Cannot view this image? Visit: https://laotiantimes-com.laocdn.com/2022/11/145404_7133c933a40f7b9f_004.jpg

Figure 3 – Fi Main dyke view from a helicopter. Looking southwest.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8766/145404_7133c933a40f7b9f_004full.jpg

Transaction Details

The Transaction is an arm’s length transaction and will not result in a ‘fundamental change’, as such term is defined under the policies of the CSE, to the Company’s business. Under the terms of the Amalgamation Agreement, the Transaction will be completed by way of a three-cornered amalgamation under the Business Corporations Act (British Columbia), whereby, among other things:

  1. 1386798 B.C. Ltd. (“Subco“), a subsidiary of the Company created for the purposes of completing the Transaction, will amalgamate with and into the Target, with the amalgamated entity (“Amalco“) becoming a wholly owned subsidiary of the Company, and;
  2. each outstanding share of the Target (a “Target Share“) will be exchanged for 0.60 of a common shares of Li-FT (a “Li-FT Share“).

It is anticipated that 18 million Li-FT Shares, at a deemed price of $8.59 per share, will be issued pursuant to the Transaction based on the current capital structure of the Target. The Target is widely held with no control persons and no new insiders will be created in the Company as a result of the Transaction.

No finder’s fees are payable in connection with the Transaction. The Transaction is not expected to require the approval of the Company’s shareholders but will require the approval of the shareholders of the Target.

The Transaction is subject to a number of terms and conditions, including, but not limited to, receipt of third party consents of historical vendors, the approval of the shareholders of the Target, and the approval of the CSE and other applicable regulatory authorities.

Cannot view this image? Visit: https://laotiantimes-com.laocdn.com/2022/11/145404_7133c933a40f7b9f_005.jpg

Figure 4 – Historic channel sampling completed by Canadian Superior Exploration Ltd. in 1975 over the Fi Main and Fi Southwest deposits (NWT Assessment Report 080282).

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8766/145404_7133c933a40f7b9f_005full.jpg

Table 1 – List of lithium pegmatites and their dimensions within the Yellowknife Project mineral leases.

Li Pegmatite Length (m) Average Width (m) Mapped Surface Area (m2) Channel Sample Average Grade (Li2O %) Notes
Fi Main 1800 15 36,500 1.10 Linear dyke which branches into multiple sections for approximately 900m. Southern half not systemically channel sampled
Fi Southwest 900 20 24,000 1.30 Linear dyke which varies in width from 5 to 37m
Ki 600 12 8,700 1.40 Grade estimate based on detailed spodumene crystal counts averaging 20-25%
Hi (Shorty) 400 25 17,000 1.07 Linear dyke that is up to 40m wide
Big East 900 20 17,500 1.45 Pegmatite dyke swarm over 150m width; 20m average width of dykes within 150m corridor
Big West 1000 20 20,000 1.53 Pegmatite dyke swarm over 150m width; 20m average width of dykes within 150m corridor
Nite 900 7 8,700 1.46 Linear dyke ranging from 4 to 10m in width; average of 9m
Thor 600 300 26,000 1.59 Complex dyke swarm; visible surface area of spodumene pegmatites is ~25,000 m2
VO 9,000 1.48 Dyke swarm of seven individual dykes over an area of a 1,300m x 500m area
Bet 100 6 550 2.00 Historic tantalum mine, spodumene crystals up to 2m in length
Bin 125 12 1,300 1.75 Spodumene crystal percentages estimated to be >25% over the dyke
Hid 200 6 650 1.56 Discontinuous dyke; two 5 kg channel samples averaged 1.56% Li2O
Lens 100 12 1,200 1.97 Sub-vertically dipping dyke, spodumene crystals up to 50cm long
Mut 80 5 500 2.20 Spodumene crystals up to 30cm long; crystal counts between 25-35% spodumene
Grades and dimensions taken from the Northwest Territories Showing database (https://app.nwtgeoscience.ca/Searching/ShowingsSearch.aspx), as well has historic geologic maps produced by Canadian Superior Exploration during the 1970’s exploration campaign which are available in NWT assessment reports.

Information about the Target

The Target is a private company incorporated under the laws of the Province of British Columbia holding a 100% interest in and to the 14 mineral leases comprising the Project, located in the Northwest Territories. The Project is subject to a 2% net profits royalty and an overriding 2% gross production royalty (the “GORR”). The GORR shall also apply to all after acquired mineral interests of the leaseholder in the Northwest Territories, subject to adjustment as set forth in the agreement evidencing the GORR.

Qualified Person

Don Cummings, P.Geo (OGQ # 2183), independent consultant to Li-FT Power Ltd., Qualified Person under NI 43- 101 on standards of disclosure for mineral projects, has reviewed and approved the technical content of this release.

References

Yellowknife Lithium Pegmatite District

  • Lasmanis, R., (1978), Lithium Resources in the Yellowknife Area, Northwest Territories, Canada. Energy, Vol. 3 pp. 399-407.

Northwest Territories mineral exploration assessment reports can be found at: https://app.nwtgeoscience.ca/Searching/ReferenceSearch.aspx

Fi Main – Fi Southwest

  • NWT Assessment Report 080282 (1975) – Report on a Geological Survey of the Fi 2-7, 9-14 Minerals Claims, Yellowknife Area, NWT. Murray Morrison, Canadian Superior Exploration Ltd.
  • NWT Assessment Report 080958 (1979) – Report on the 1979 Trenching Program Performed on the Fi 2-7, 9-15 Mineral Claims, Yellowknife Area, NWT. Murray Morrison, Canadian Superior Exploration Ltd.
  • NWT Assessment Report 082495 (1987) – Report on a Bulk Sampling Program and Metallurgical Testing on the Fi and Ki Lithium Pegmatite Properties. Jay W. Page, Equinox Resources Ltd.

Ki

  • NWT Assessment Report 080274 (1975) – Report on a Geological Survey of the Ki 1-5 Minerals Claims, Yellowknife Area, NWT. Murray Morrison, Canadian Superior Exploration Ltd.
  • NWT Assessment Report 080834 (1978) – A Report on the 1978 Drilling Programme Performed on the Ki 1-5 Minerals Claims, Yellowknife Area, NWT. Murray Morrison, Canadian Superior Exploration Ltd.

Thor

  • NWT Assessment Report 080478 (1975) – Report on a Geological Survey of the Thor 1-13 Minerals Claims, Yellowknife Area, NWT. Murray Morrison, Canadian Superior Exploration Ltd.
  • NWT Assessment Report 080831 (1978) – A Report on the 1978 Drilling Programme Performed on the Thor 1-14 Minerals Claims, Yellowknife Area, NWT. Murray Morrison, Canadian Superior Exploration Ltd.

Hi

  • NWT Assessment Report 082128 (1986) – Sampling Report on the Shorty Claim Pegmatite Dyke, Hidden Lake Area, District of Mackenize, NWT. Mark Senkiw, Continental Pacific Resources Inc.
  • NWT Assessment Report 062264 (1987) – Sampling Report on the Shorty 1 Claim Pegmatite Dyke, Hidden Lake Area, District of Mackenize, NWT. Mark Senkiw, Continental Pacific Resources Inc.
  • NWT Assessment Report 082540 (1988) – A Summary of Geological and Diamond Drill Programs Completed on the Lithium-Bearing Shorty 1 Pegmatite Dyke. Douglas Bryan, Continental Pacific Resources Inc.

Big East – Big West

  • NWT Assessment Report 080273 (1975) – Report on a Geological Survey of the Big 1-13 Minerals Claims, Yellowknife Area, NWT. Murray Morrison, Canadian Superior Exploration Ltd.
  • NWT Assessment Report 080957 (1979) – A Report the 1979 Trenching Program Performed on the Big 1-13 Minerals Claims, Yellowknife Area, NWT. Murray Morrison, Canadian Superior Exploration Ltd.
  • NWT Assessment Report 082348 (1955) – Diamond Drill Report – Little Hidden Property, General Lithium Corporation.

Nite

  • NWT Assessment Report 080290 (1975) – Report on a Geological Survey of the Nite 1-3 and 5-7 Mineral Claims, Yellowknife Area, NWT. Murray Morrison, Canadian Superior Exploration Ltd.
  • NWT Assessment Report 080831 (1978) – A Report on the 1978 Drilling Programme Performed on the Nite 1-7 Mineral Claims, Yellowknife Area, NWT. Murray Morrison, Canadian Superior Exploration Ltd.

VO

  • NWT Assessment Report 080283 (1975) – Report on a Geological Survey of the VO 1-9 Mineral Claims, Yellowknife Area, NWT. Murray Morrison, Canadian Superior Exploration Ltd.
  • NWT Assessment Report 080833 (1978) – A Report on the 1978 Drilling Programme Performed on the VO 1-9 Mineral Claims, Yellowknife Area, NWT. Murray Morrison, Canadian Superior Exploration Ltd.

Cali

  • NWT Assessment Report 080685 (1977) – Preliminary Geological Survey of the Cali 1-9, 1 Mineral Claims, Cantung Area, District of Nahanni, NWT. Roy V. Beavon, Canadian Superior Exploration Ltd.

Cautionary Statement Regarding Forward-Looking Information

Certain statements included in this press release constitute forward-looking information or statements (collectively, “forward-looking statements”), including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, “may”, “should” and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward-looking statements including, among other things, that the Company intends to complete an aggressive drill program in respect of the Project and that the Project could produce the largest hard rock lithium resource in North America. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors.

Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include, among other things, the possibility that the Company is unable to obtain the necessary permits to complete its proposed drill program, that the results of the drill program may be less favorable than anticipated, the continued availability of capital and financing, and general economic, market or business conditions, including the effects of COVID-19. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements.

Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

______________________________
1Resource potential estimate is not NI 43-101 compliant. Tonnage estimate was made by projecting geologic contacts down to 500 feet (152 meters). Several of the pegmatites have been drilled down to this depth and have similar widths and grades as outcrops on surface. Estimates of grade were made by averaging channel sample results taken on surface.

About Li-FT

Li-FT is a mineral exploration company engaged in the acquisition, exploration, and development of mineral properties, specifically lithium pegmatite projects located in Canada. The Company currently controls 228,237 hectares of ground at its Rupert, Pontax, and Moyenne Projects which are prospective for hard rock lithium deposits.

Step into the Glow Stage with POND’S’ new campaign on Shopee and stand a chance to win a limited edition NFT

Shopee’s first-ever NFT giveaway will feature a first-of-its-kind digital collectible designed by artist Rifqi Ardiansyah for POND’S

JAKARTA, INDONESIA / MANILA, PHILIPPINES – Media OutReach – 23 November 2022 – Leading global skincare brand POND’S is partnering with Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, to launch the fun and interactive #PondsGlowStage. Happening on 23 -25 November in Indonesia and on 28 November in Philippines, #PondsGlowStage takes Shopee users’ online shopping experience to the next level through interactive games, exclusive promotions and discounts on much-loved POND’S products and, for the first-time ever, limited edition Non-Fungible Tokens (NFTs).

#PondsGlowStage exclusive NFT
Consumers will be clamouring to get their hands on the limited-edition artwork exclusive to Shopee, which is also the e-commerce platform’s first foray into giving out NFTs as gifts with purchase. The #PondsGlowStage NFT is an exclusive, first-of-its-kind digital collectible designed by artist Rifqi Ardiansyah. Fans will have a chance to redeem this exclusive NFT when they purchase POND’S products during the promotions. The NFT will give them access to exclusive benefits such as being the first to receive alerts on POND’S latest product releases and best value deals in the future.

Redeeming the #PondsGlowStage NFT on OurSong
Lucky fans can redeem their NFTs in a few simple steps: First they register on OurSong, a global NFT platform co-founded by R&B star John Legend. Once logged in, they simply need to input their redemption code, which will be issued to them via Shopee Chat, before they claim their exclusive NFT via OurSong’s Collection Page.

Play to Win with POND’S Glow Stage Game
During this special event, consumers can play the interactive POND’S Glow Stage Catch Game and earn points to redeem special giveaways. Players just need to tap and hold the shopping basket to catch as many of the falling POND’S products and elements they can within the time limit – all while avoiding harmful skin spots.

Glow Like Wendy
It’s easy to glow like Wendy with POND’S Bright Triple Glow Serum, one of POND’S best-selling products. Backed by the science and skincare expertise of the POND’S Institute, POND’S Bright Triple Glow Serum is powered by Glutaboost-C Technology, Niacinamide, and Hyaluronic Acid that fades dark spots for bright, spot-less skin.

“We are always seeking out the most innovative and engaging experiences for our consumers,” said Jopa Malantic, Global Brand Director, POND’S. “As such we are thrilled to partner with Shopee once again – this time to offer the #PondsGlowStage, featuring the e-commerce platform’s first ever NFT Gift with Purchase. In addition to providing the chance to win a limited edition NFT, #PondsGlowStage offers a fantastic interactive experience for our fans to engage with the brand and learn more about how our decades of science-backed expertise can help resolve their skin issues.”

Pavan Challa, Director, Regional Brand Partnerships at Shopee said, “We are happy to deepen our long-standing partnership with POND’S through this new campaign, which is Shopee’s first collaboration with a brand for an NFT giveaway. Shopee continues to develop and explore new ways to engage and excite our users, and help our brand partners deepen their engagement with shoppers. As we continue to grow the beauty category on Shopee Mall, we look forward to working closely with brands such as POND’S to bring more innovative and exciting experiences to shoppers.”

The #PondsGlowStage Campaign will run on Shopee from 23-25 November in Indonesia, and 28 November in Philippines only. For more information, please visit http://bit.ly/pondsglowstage2022.

About POND’S

POND’S is a skin care brand that debuted in the U.S. in 1846. For over a century, the brand has transformed the beauty industry with iconic products like POND’S Cold Cream as well as pioneering skin care technologies like Vanishing Cream. The brand has always been about helping women look and feel beautiful with products that have been the beauty secret of women for generations.

Today, POND’S is one of the biggest global brands in the beauty industry, known for skin care favourites like POND’S Bright Beauty and POND’S Age Miracle. Backed by leading edge skin science of the POND’S Institute, their products go far beyond moisturizing – giving amazing holistic and youthful glow to skin.

About Shopee
Shopee is the leading e-commerce platform in Southeast Asia & Taiwan. Shopee promotes an inclusive and sustainable digital ecosystem by enabling businesses to digitalise and grow their online presence, helping more people access and benefit from digital services, and uplifting local communities.

Shopee offers an easy, secure, and engaging experience that is enjoyed by millions of people daily. Shopee is also a key contributor to the region’s digital economy with a firm commitment to helping homegrown brands and entrepreneurs succeed in e-commerce.

Shopee is part of Sea Limited (NYSE: SE), a leading global consumer internet company. Sea’s mission is to better the lives of consumers and small businesses with technology through its three core businesses: Shopee, Garena and SeaMoney.

About Shopee Mall
Shopee Mall is the region’s leading online mall offering one-stop access to a wide range of international and local brands and retailers. Shoppers can enjoy three guarantees delivered by Shopee Mall — 100% authentic products, free returns and free shipping. With always-on deals, entertainment and a robust loyalty programme, Shopee Mall offers an unparalleled online shopping experience and best value all year round.

About Rifqi Ardiansyah
Rifqi Ardiansyah (Rifqi) is a freelance motion designer, 2D animator and 3D artist based in Indonesia. He has the ability to create realistic looking characters and loves to mix 2D Illustrations within a 3D environment.

Rifqi has had the opportunity to work together with some brands including SAMSUNG, LENOVO, HUION, OTSUKA, SONY MUSIC Japan, etc. He also worked on the live visuals for BRING ME THE HORIZON as a part of their tour in 2019 & also for EXCISION in 2020.

Youth Physical Activity Report Cards Reveal Lack of Physical Activity Among Youth in Asia

Sun Life partners with Active Healthy Kids Global Alliance (AHKGA) to sponsor the Youth Physical Activity Report Cards program across Asia.

HONG KONG SAR – Media OutReach – 23 November 2022 – The Active Healthy Kids Global Alliance (AHKGA) released Youth Physical Activity Report Cards sponsored by Sun Life for five Asian markets including Hong Kong, Indonesia, Malaysia, the Philippines and Vietnam. The report cards show that the overall physical activity levels of children and adolescents in these markets is far from satisfactory, raising an alarm for stakeholders to work together to improve the physical activity levels of children and youth in the post-pandemic era.

Sun Life has partnered with the AHKGA to support the Youth Physical Activity Report Cards, which are an evidence-based synthesis of children’s and adolescents’ behavior toward physical activity. By using a series of indicators related to individual behaviors, settings, strategies and other factors, the report cards provide insights and recommendations for improving the physical health of young people in Asia and around the world.

The report cards published in 2022 as part of AKHGA’s Global Matrix 4.0, provide a first opportunity to assess child and youth physical activity in a post-pandemic era.

  • In terms of overall physical activity, Hong Kong and Malaysia attained a grade D- while Indonesia, the Philippines and Vietnam received a grade F, which means fewer than 20% of children ages 6 to 17 are achieving at least an average of 60 minutes per day of moderate to vigorous physical activity (MVPA) across the week. That is a recommendation from the World Health Organization (WHO) on how much physical activity is needed for the good health of young people.[1]
  • Children’s increasingly sedentary behavior is concerning in both mature and fast-developing economies such as Hong Kong (grade D) and Vietnam (grade C-). More than half of youth spend more than 2 hours of recreational screen time per day in these two markets. The grades for sedentary behavior in Hong Kong have steadily deteriorated in the last six years (2016: C; 2018: C-; 2022: D), reflecting the negative impact of digital media use trends on the physical health of children.
  • Less than half of children in Indonesia, Malaysia, the Philippines, and Vietnam use active transportation, such as walking or cycling, to go to school, the park, the mall or other places.

Urgent need to increase physical activity and decrease sedentary behavior

Physical inactivity has been recognized as a risk factor for major non-communicable diseases (NCDs). For children and adolescents, regular physical activity participation is beneficial for physical fitness, cardiometabolic health, bone health, and psycho-cognitive outcomes.[2]

The report cards indicate that there is an urgent need to increase physical activity levels among young people in Asia to support their physical and mental development. In addition, home-based learning, closure of sport facilities and reduction of sports activities due to the pandemic has worsened the situation. It has been widely reported that children and adolescents have become more physically inactive and spent more time in sedentary screen use since the pandemic was announced.

“The Active Health Kids Global Alliance is excited to be working with Sun Life to promote the physical activity of children and youth in Asia and around the world,” said AHKGA President Dr. Mark Tremblay, who is also a Professor of Pediatrics at the University of Ottawa in Canada. “Our shared commitment to disease prevention is particularly important and timely in the wake of unintended collateral harm to active living behaviors resulting from COVID-19 restrictions.”

“Through sponsoring Active Healthy Kids Report Cards by AHKGA, we hope to contribute to AHKGA’s overall ambition to encourage children’s healthy lifestyles through thought leadership, capacity building, advocacy, and awareness,” said Dr Steven Ho, Medical Director of the Global Medical Team at Sun Life. “The effort is part of Sun Life’s Purpose to help people live healthier lives.”


[2] AHKGA Youth Physical Activity Report Cards – Hong Kong Report Card on Physical Activity for Children and Adolescents

Hashtag: #SunLife

The issuer is solely responsible for the content of this announcement.

About Sun Life

Sun Life is a leading international financial services organization providing asset management, wealth, insurance, and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia, and Bermuda. As of September 30, 2022, Sun Life had total assets under management of $1.27 trillion. For more information, please visit .

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.

Note to editors: All figures in Canadian dollars

About AHKGA

AHKGA is a registered not-for-profit organization made up of researchers, health professionals, and stakeholders who work together to advance physical activity in children and youth around the world. AHKGA’s vision is a world of active healthy kids. AHKGA’s mission is to power the global movement to get kids moving through thought leadership, knowledge translation and mobilization, capacity building, and advocacy. The dominant effort of the AHKGA to date has been its Global Matrix initiative. For further information please visit the AHKGA website at .

85 Percent of Tourists Traveled to Luang Prabang by Train This Year

Main Street in Luang Prabang, Laos | Photo credit: EXO Travel

The majority of tourists travel to Luang Prabang using the Laos-China Railway as opposed to other means of transport, according to a new report.