Source: Boereport.com Canadian oil producer Whitecap Resources Inc said on Tuesday it has agreed to buy rival TORC Oil & Gas Ltd in an all-stock deal valued at about C$552 million. The collapse in fuel demand due to coronavirus-related lockdowns has hammered energy companies in Canada, the fourth-largest global oil producer, triggering a wave of consolidation and cost-cuts in the sector. Cenovus Energy Inc said in October it had agreed to buy Husky Energy Inc for C$3.8 billion ($2.97 billion) in a deal that would create Canada’s No. 3 oil and gas producer. Under the deal announced on Tuesday, shareholders […]

Source: Librestream Technologies Inc. – Get The Word Out (https://getthewordout.com.au/) Melbourne, Victoria (20 October 2020) – The AVR Lab, a leading supplier of augmented and virtual reality (AVR) technology and services announces their partnership with Librestream Technologies (Librestream) , bringing the Onsight platform to the Australian and New Zealand markets to expand the services available for field-workers, increasing operational efficiency for the rugged environment. COVID-19 has triggered a heightened need to have real time support for remote workers, having access to experts with live video, audio, augmented and IoT data overlays to ensure complex jobs are performed safely and efficiently. […]

SOURCE: Saskatchewan.ca Saskatchewan continues to maintain its high credit rating following the affirmation by Moody’s Investors Service of its Aaa rating for the province. “Moody’s has affirmed Saskatchewan’s triple-A credit rating despite the significant fiscal and economic challenges posed by the global COVID-19 pandemic,” Finance Minister Donna Harpauer said. “With this affirmation, Saskatchewan continues to have the second-highest credit rating among Canadian provinces when all three major rating agencies are considered.” Read the full article here

A Discussion on Saskatchewan from the New Normal to What’s on the Horizon. Source: Industry West Magazine On July 7, 2020, armed with public health guidelines and plenty of hand sanitizer, we gathered business leaders from various sectors across the province to discuss business in Saskatchewan—from the “new normal” to what lies ahead. Led by Wanda Hunchak, Executive Vice President of Westcap Mgt. Ltd., a local investment fund manager that, over the past three decades, has invested more than $1 billion into over 200 Saskatchewan companies through its diverse funds, including Golden Opportunities Fund and the Westcap MBO Private Equity […]

COVID-19 left many seniors feeling lonely and disconnected. On behalf of Westcap, Fund Manager for Golden Opportunities Fund, we would like to share some of the stories and the impact that Sending Virtual Hugs is making as we help to reconnect our public long-term care residents with their families and friends virtually across Saskatchewan.

COVID-19 has left many seniors in long-term care homes feeling lonely and disconnected from their families and friends. To help reconnect our residents to their families, the Saskatchewan Health Authority (SHA) has partnered with Westcap Mgt. Ltd. (Westcap) to help them reconnect virtually. Working closely with the COVID-19 Hospital Fund, a collaboration between St. Paul’s Hospital Foundation, Jim Pattison Children’s Hospital Foundation, Royal University Hospital Foundation and Saskatoon City Hospital Foundation, Westcap has donated $250,000 towards the purchase of over 330 iPads, and the cost of the data plans. The iPads will be distributed to SHA long-term care homes across […]

ROCHESTER, N.Y., Feb. 19, 2020 /PRNewswire/ — Vuzix® Corporation (NASDAQ: VUZI), (“Vuzix” or, the “Company”), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, and Librestream Technologies, a leading provider of augmented reality enterprise solutions, announce the commercial rollout of a customized version of Librestream’s Onsight Connect that was developed exclusively for the Vuzix M400 Smart Glasses. “We are pleased that Vuzix is a featured solution sponsor at the Librestream Innovator Forum this year.  At the forum, our customers will have an opportunity to experience the Onsight AR capabilities hands-free using voice controls on the Vuzix M400 Smart Glasses,” shared Charlie Neagoy, VP […]

DENVER, Feb. 20, 2020 /CNW/ – In a move set to advance store operations and support the company’s aggressive growth, Native Roots, one of the nation’s largest and most successful vertically integrated cannabis operators, has partnered with Cova Software, North America’s leading cannabis retail point of sale (POS) provider. Native Roots has moved all 19 of its Colorado dispensaries and 3 Garden Variety stores in Canada to the Cova retail platform, the only cannabis POS available in both countries. Premier cannabis brand, Native Roots partners with Cova Software to advance store operations and support company’s aggressive growth. 22 stores now supported by retail platform. (CNW Group/Retail Innovation Labs […]

Source: Librestream Technologies Inc. WINNIPEG, Manitoba, Dec. 12, 2019 (GLOBE NEWSWIRE) — Today, Librestream Technologies Inc. and Samsung Electronics America and announced a joint augmented reality (AR) solution designed for industrial workers in manufacturing, transportation and public safety markets. The solution integrates Librestream’s Onsight Augmented Reality Enterprise platform with Samsung’s latest ruggedized tablet, the Samsung Galaxy Tab Active Pro, to deliver a solution that will help improve the safety, efficiency, and productivity of industrial workers around the world. The Librestream AR platform includes remote expert assistance, digital work instructions and content management—as well as its Onsight Cube wearable thermal camera for […]

By BROOK THALGOTT, INDUSTRY WEST MAGAZINE For more than 30 years, Westcap Mgt. Ltd. has been investing in Saskatchewan  companies. As fund manager for Golden Opportunities Fund Inc., the province’s first local venture capital fund, as well as a family of private equity funds, Westcap invests capital where it is needed to maximize value for its shareholders. Recently, yet another well-known Saskatchewan company joined the Westcap family. In January 2020, Westcap announced a $63 million investment into Degelman Industries, a long-standing, family-owned company with deep roots in the province and a major presence in the agriculture and industrial sectors in […]