VANCOUVER and TORONTO, Sept. 15, 2020 /CNW/ – Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced that the Company has been recognized by the Toronto Stock Exchange for its strong 3-year share price performance and named once again to the TSX30 in the second consecutive year. The TSX30 program recognizes the top 30 performers on the Toronto Stock Exchange over the period July 2017 to June 2020, based on share price appreciation.
Over the period July 1st, 2017 to June 30th, 2020, the price of BLDP shares on TSX rose 459% to C$20.89, the 2nd-largest appreciation among all listed companies. Furthermore, BLDP shares are up 83% year-to-date in 2020 at yesterday’s market close.
“We are especially proud to present the 2020 TSX30, an important means of showcasing some exciting issuer success stories across our market,” said Loui Anastasopoulos, President, Capital Formation, TMX Group. “In a year fraught with challenges for so many businesses, the crucial role publicly-listed companies play in the Canadian economy is even more amplified. These companies serve as engines of growth; creating jobs, generating returns and creating value for investors. On behalf of all of us at TSX, I’d like to congratulate the 2020 TSX30 winners for their achievements and we look forward to serving their evolving needs through each stage of their future growth.”
Randy MacEwen, Ballard President and CEO noted, “We are delighted that Ballard’s share price performance has resulted in our inclusion in the TSX30 program for a second year. Over this past year, global recognition of the importance of zero-emission mobility has resulted in a range of new public policy mandates and exciting industry activities, adding to our confidence in the continued growth of our company. Ballard continues to lead the fuel cell industry in zero-emission products to power buses, commercial trucks, trains, ships, cars and other transport applications.”
The TSX30 program considers all companies that have been listed on the Toronto Stock Exchange for at least 3-years, with a closing dividend-adjusted share price of at least C$0.50 and a market capitalization of at least C$75 million as at June 30th, 2017. Of the 546 companies that met these criteria, the 30 companies with greatest share price appreciation over the period from July 1st, 2017 to June 30th, 2020 have been named to this year’s TSX30 program.
About Ballard Power Systems
Ballard Power Systems’ (NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet. Ballard zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, passenger cars, forklift trucks and UAVs. To learn more about Ballard, please visit www.ballard.com.
This release contains forward-looking statements concerning anticipated growth and market positioning. These forward-looking statements reflect Ballard’s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any such forward-looking statements are based on Ballard’s assumptions relating to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand.
These statements involve risks and uncertainties that may cause Ballard’s actual results to be materially different, including general economic and regulatory changes, detrimental reliance on third parties, successfully achieving our business plans and achieving and sustaining profitability. For a detailed discussion of these and other risk factors that could affect Ballard’s future performance, please refer to Ballard’s most recent Annual Information Form. Readers should not place undue reliance on Ballard’s forward-looking statements and Ballard assumes no obligation to update or release any revisions to these forward-looking statements, other than as required under applicable legislation.
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities. The Ballard Common Shares have not been registered under the United States Securities Act of 1933, as amended, or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
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SOURCE Ballard Power Systems Inc.
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Homes destroyed after winds push California fire into desert
JUNIPER HILLS, Calif. (AP) — Homes were destroyed Friday by an unrelenting wildfire that reached a Mojave Desert community and was still growing on several fronts after burning for nearly two weeks in mountains northeast of Los Angeles.
Officials were investigating the death of a firefighter on the lines of another Southern California wildfire that erupted earlier this month from a smoke-generating pyrotechnic device used by a couple to reveal their baby’s gender.
The death occurred Thursday in San Bernardino National Forest as crews battled the El Dorado Fire about 75 miles (120 kilometers) east of LA, the U.S. Forest Service said in a statement.
In northern Los Angeles County, the Bobcat Fire burned semi-rural desert properties when it was pushed by gusts into the community of Juniper Hills after churning all the way across the San Gabriel Mountains.
Crews protected homes and chased spot fires sparked by embers blown across neighborhoods by erratic winds. Surrounding areas were under evacuation orders and residents of ranches scrambled to get horses and other animals out.
“We’ve got a very active firefight on the north end of this fire and we’re bringing in more strike teams. We’ll be in this firefight for some time,” LA County Fire Captain David Dantic said Friday evening. The blaze was also expanding on the eastern and western edges, officials said.
Wyatt Stephenson helped his friend evacuate his home at the top of Juniper Hills.
“We were waiting for the fire to come over the ridge. When it finally came over, we got him out of there,” Stephenson said. “We found out later that his house burned. The fire just burned everything.”
It wasn’t immediately clear how many homes were burned in the area about 50 miles (80 kilometers) northeast of downtown LA. No injuries were reported.
On the south side of the blaze, firefighters continued to protect Mount Wilson, which overlooks greater Los Angeles and has a historic observatory founded more than a century ago and numerous broadcast antennas serving Southern California.
The fire that started Sept. 6, has now churned through more than 112 square miles (290 square kilometers) — doubling in size over the last week. It was 15% contained.
The name of the firefighter killed in the nearby El Dorado Fire was being withheld until family members are notified.
“Our deepest sympathies are with the family, friends and fellow firefighters during this time,” Forest Service spokesperson Zach Behrens said in the statement.
No other information was released about the firefighter, the agency the firefighter worked for, or the circumstances of the death. The body was escorted down the mountain in a procession of first-responder vehicles.
A statement from the California Department of Forestry and Fire Protection, or Cal Fire, said it was the 26th death involving wildfires besieging the state.
A new blaze sparked by a vehicle that caught fire was growing in wilderness outside Palm Springs.
To the north, a fire burning for nearly a month in Sequoia National Forest roared to life again Friday and prompted evacuation orders for the central California mountain communities of Silver City and Mineral King.
More than 7,900 wildfires have burned more than 5,300 square miles (13,727 square kilometers) in California this year, including many since a mid-August barrage of dry lightning ignited parched vegetation.
The El Dorado Fire has burned more than 33 square miles (85.4 square kilometers) and was 65% contained, with 10 buildings destroyed and six damaged.
Cal Fire said earlier this month that the El Dorado Fire was ignited Sept. 5 when a couple, their young children and someone there to record video staged the baby gender reveal at El Dorado Ranch Park at the foot of the San Bernardino Mountains.
The device was set off in a field and quickly ignited dry grass. The couple frantically tried to use bottled water to extinguish the flames and called 911.
Authorities have not released the identities of the couple, who could face criminal charges and be held liable for the cost of fighting the fire.
Associated Press writer John Antczak in Los Angeles contributed to this report.
James Caan Says There’s No ‘Elf 2’ Because Will Ferrell and Jon Favreau ‘Didn’t Get Along’
James Caan says there wont be a sequel to the hit Christmas fantasy-comedy “Elf” because headliner Will Ferrell and director Jon Favreau “didn’t get along.”
“”We were gonna do it and I thought, ‘Oh my god, I finally got a franchise movie, I could make some money, let my kids do what the hell they want to do.’ And the director and Will didn’t get along very well,” Caan told Cleveland’s 92.3 The Fan’s Bull & Fox show on Friday. “So, Will wanted to do it, he didn’t want the director, and he had it in his contract, it was one of those things.”
The Will Ferrell holiday movie, first released in 2003, centered on Buddy (Ferrell), a human who was adopted and raised by Santa’s elves. Buddy learns about this and heads to New York City to meet his biological father (Cann) while also spreading Christmas cheer in a world of cynics in the process. “Elf” also starred Zooey Deschanel, Mary Steenburgen, Daniel Tay, Bob Newhart and Ed Asner.
Related: 5 things you didn’t know about ‘Elf’
Also Read: Jon Favreau Wants ‘The Mandalorian’ Season 2 to Be Like ‘Game of Thrones’
Made on a budget of just $33 million, the film was a box office hit and grossed $220.4 million in world wide box office. “Elf” is considered one of the greatest Christmas movies and in 2017, Fandango users rated “Elf” the best Christmas film of the 21st century.
Representatives for Ferrell did not immediately respond to a request for comment from TheWrap. Favreau’s representative didn’t immediately have a comment.
Read original story James Caan Says There’s No ‘Elf 2’ Because Will Ferrell and Jon Favreau ‘Didn’t Get Along’ At TheWrap
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