Agoracom Blog

Tesla launches Powerwall home battery with aim to revolutionize energy consumption

Posted by AGORACOM-JC at 11:55 AM on Friday, May 1st, 2015

Larger version of battery has been tested in pilot program

The Associated Press Posted: May 01, 2015 12:35 AM ET Last Updated: May 01, 2015 9:54 AM ET

Tesla Motors CEO Elon Musk unveils large utility scale home batteries at the Tesla Design Studio in Hawthorne, Calif. on Thursday night.

Tesla Motors CEO Elon Musk unveils large utility scale home batteries at the Tesla Design Studio in Hawthorne, Calif. on Thursday night. (David McNew/AFP/Getty Images)

Tesla CEO Elon Musk is trying to steer his electric car company’s battery technology into homes and businesses as part of an elaborate plan to reshape the power grid with millions of small power plants made of solar panels on roofs and batteries in garages.

Musk announced Tesla’s expansion into the home battery market amid a party atmosphere at the company’s design studio near Los Angeles International Airport. The festive scene attended by a drink-toting crowd of enthusiasts seemed fitting for a flashy billionaire renowned for pursuing far-out projects. For instance, colonizing Mars is one of Musk’s goals at Space X, a rocket maker that he also runs.

Now, he is setting out on another ambitious mission. “Our goal here is to fundamentally change the way the world uses energy,” Musk told reporters gathered in Hawthorne, Calif.

Although Tesla will make the battery called “Powerwall,” it will be sold by a variety of other companies. The list of partners includes SolarCity, a solar installer founded by Musk’s cousins, Lyndon and Peter Rive. Musk is SolarCity’s chairman and largest shareholder.

I don’t believe this product in its first incarnation will be interesting to the average person.- Peter Rive, CTO of Tesla partner SolarCity

As with Tesla’s electric cars, which start around $70,000 US, the battery might be too expensive for most consumers. When it goes on sale, the system will carry a suggested price of $3,000 to $3,500, depending on the desired capacity. That could discourage widespread adoption, especially for a product that may only have limited use.

“I don’t believe this product in its first incarnation will be interesting to the average person,” conceded Peter Rive, SolarCity’s chief technology officer. Rive, though, still expects there to be enough demand to substantially increase the number of batteries in homes.

Hopes to ship internationally next year

Musk is so encouraged by the initial demand that he believes Tesla and other future entrants in the market will be able to sell two billion battery packs around the world — roughly the same number of vehicles already on roads. Although that may sound like a “super crazy” goal, Musk insisted it “is within the power of humanity to do.”

TESLA-MOTORS/BATTERIES

Tesla Energy batteries for businesses and utility companies are pictured providing energy for the Tesla Motors Powerwall Home Battery on Thursday. (Patrick T. Fallon/Reuters)

It will take a long time to get there. Tesla hopes to begin shipping a limited number of Powerwall batteries this summer in the U.S. before expanding internationally next year.

The long-term goal is to reduce the world’s reliance on energy generate from fossil fuels while creating regional networks of home batteries that could be controlled as if they were a power plant. That would give utilities another way to ensure that they can provide power at times of peak demand.

For now, the battery primarily serves as an expensive backup system during blackouts for customers like David Cunningham, an aerospace engineer from Foster City, California. He installed a Tesla battery late last year to pair with his solar panels as part of a pilot program run by the California Public Utilities Commission to test home battery performance.

Can be recharged with solar panels

Although Cunningham’s home has not endured a blackout in the six months that he has had the battery, it’s capable of running critical home appliances like lights and refrigeration and can be recharged by solar panels during the day.

“As long as a person has solar panels, it’s just a natural fit for the two to go together,” Cunningham, 77, said. “I consider it to be a whole power system right here in my home.”

Tesla Battery Power For Homes

In this April 20, 2015 photo, David Cunningham shows a prototype Tesla battery system that powers his Foster City, Calif. home. Cunningham installed the battery late last year to pair with his solar panels as part of a pilot program run by the California Public Utilities Commission. (Jeff Chiu/The Associated Press)

The battery Cunningham got had a whopping sticker price of $18,300, but he took advantage of state incentives that reduced the battery’s price to $7,500.

“The value proposition now is around reliability and backup power more than it is around savings, but over time that may change,” said Shayle Kahn, an analyst at GTM Research.

The batteries are likely to become more useful if, as expected, more utilities and regulators allow power prices to change throughout the day based on market conditions. That way, the software that controls the solar and battery system will allow customers to use their home-generated power — and not expensive grid power — when grid prices spike.

Many commercial customers already buy power this way, and Tesla also announced battery systems designed for them, along with bigger battery packs that utilities can use to manage their grids. Analysts say these utility and commercial markets will probably be more promising for Tesla during the next few years than residential customers.

Several businesses, including Amazon.com and Target, plan to use Tesla’s battery storage system on a limited basis. Southern California Edison is already using Tesla batteries to store energy.

Tesla is building a giant factory in Nevada that will begin churning out batteries in 2017, so Musk needs to begin drumming up customers now. The spotlight may help Musk push policy makers and utilities to consider reshaping regulations so solar and battery storage could be more easily incorporated into the larger electric system, Kahn said.

Tesla’s ambitions already have intrigued homeowners like Mike Thielen, who installed one of the prototype batteries with SolarCity panels on his Redondo Beach, Calif., home last year. Although he hasn’t needed the backup power yet, he has embraced the concept.

“I think it’s brilliant,” he said. “I would consider upgrading to a more powerful home battery if they could figure out a way to get me totally off the grid.”

Source: http://www.cbc.ca/news/business/tesla-launches-powerwall-home-battery-with-aim-to-revolutionize-energy-consumption-1.3056587

Enertopia Provides JV Update on The Green Canvas

Posted by AGORACOM-JC at 8:12 AM on Friday, May 1st, 2015


VANCOUVER, BC / May 1, 2015 - Enertopia Corporation (ENRT-OTCBB) (TOP-CSE) (the “Company” or “Enertopia”) is pleased to announce The Green Canvas Joint Venture Agreement signed on February 28, 2014 has been extended to June 30, 2015 from its original expiry date of February 28, 2015.

Due to uncontrollable delays by changes in the industry sector, both Enertopia and The Green Canvas have agreed to continue in good faith and extend the existing Joint Venture Agreement based on the Canadian Medical Marihuana sector.

“Our core values of honesty, integrity and commitment help to define our corporate practices and demonstrate our dedication in helping individuals whether you are encountering health issues based on age, diet or have suffered a traumatic physical, mental or emotional event, you cannot always control life but we are here to help you take your life back,” Stated President Robert McAllister

About Enertopia

Enertopia’s shares are quoted in Canada with symbol TOP and in the United States with symbol ENRT. For additional information, please visit www.enertopia.com or call Robert McAllister, the President: (250) 765-6412

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, potential and financing of its medical marihuana projects, evaluation and sale of sexual creams and other items, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions that are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements., foreign exchange and other financial markets; changes of the interest rates on borrowings; hedging activities; changes in commodity prices; changes in the investments and exploration expenditure levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Enertopia Corporation operates. The User should refer to the risk disclosures set out in the periodic reports and other disclosure documents filed by Enertopia Corporation from time to time with regulatory authorities. There is no assurance that The Green Canvas JV will be extended, amended or have any meaningful impact on the Company or the Company will be able to obtain future financings or a license under the MMPR program.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release

Xylitol Canada Generates $8.6M in Revenue For 2014, 32% Increase YoY

Posted by AGORACOM-JC at 4:39 PM on Thursday, April 30th, 2015

TORONTO, ONTARIO–(April 30, 2015) - Xylitol Canada Inc. (“Xylitol Canada“, or the “Company“) (TSX VENTURE:XYL) today announces that it has released its financial and operating results for the Fiscal year ending December 31, 2014 in addition to the 4th Quarter results for the period of October 1, 2014 to December 31, 2014.

“We are very pleased to announce over $8,600,000 in revenue up from $6,500,000 last year. Continued new customer acquisition combined with SKU expansion into our existing customer base were both key contributors to our sales growth. While margins were compressed due to the strong US Dollar, we have adjusted pricing where we had this exposure and we are confident our margins will normalize in the coming quarters. The market continues to be very strong for our products due to the heightened concerns over refined sugar and artificial sweeteners. We continue to remain excited about the future for our Company and our premium natural products,” commented Andrew Reid, CEO of Xylitol Canada.

The full text of the Company’s interim consolidated financial statements and related management’s discussion and analysis (“MD&A”) can be found at: www.sedar.com.

About Xylitol Canada Inc.

Xylitol Canada markets xylitol and xylitol based-products and is focused on becoming a major low-cost manufacturer of xylitol and related products, serving the global market from operations in North America. Xylitol Canada’s business strategy is to leverage novel proprietary technology and processes to become North America’s premier manufacturer of low cost, high quality xylitol from readily available environmentally-sustainable biomass. Xylitol is a natural sweetener which is marketed globally including Canada and the United States and is accepted by the American Food and Drug Administration, the World Health Organization and the American Dental Association. Xylitol contains 75% less carbohydrates and 40% less calories than sugar, has a myriad of oral health benefits including the prevention of tooth decay and is safe for diabetics. To date, wider spread use of xylitol has been limited by the lack of a reliable, low cost, high quality supplier. For further information about the Company, please contact 1-866-995-9952, or by email at IR@xylitolusa.com.

Neither TSX Venture Exchange Inc. 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 release.

Contact Information

CLIENT FEATURE: Robix (RZX: CSE) Revolutionary Oil Spill Clean Up Technology

Posted by AGORACOM-JC at 4:20 PM on Thursday, April 30th, 2015

RZX: CSE

Highly Cost Effective, Clean Ocean Vessel

  • The COV’s rapid recovery rate and large on-board storage result in low per barrel recovery cost.
  • The COV’s simple design minimizes down time for repair and maintenance.
  • A two-man crew can be easily trained and the COV vessel can operate long hours without interruption
  • Goal to be selling COV products in the first half of 2015

Design Versatility

  • COV’S can be scaled to meet various application requirements (sizes range from 10 Ft., 20 Ft., 40 Ft., 80 Ft., 100 Ft. (references to length of vessel
  • A standard 40-foot COV is 40 feet in length, 26 feet in width, and 12 feet in depth
  • Recently completed the engineering drawings for the Clean Ocean Vessel (COV) and ordered critical components to initiate construction on the COV

Recent Highlights

  • Signed an exclusive manufacturing agreement with Rayco Steel Ltd, to manufacture the Clean Ocean Vessel
  • Based on market analysis Robix has decided to commence construction of a 10ft COV
  • Creating a new business division, through a subsidiary entity, to enter into the marine industry.
  • Announced that Rick Carson, of Montreal, PQ, has agreed to join Robix as a Strategic Advisor.

How the COV compares to the competition:

  • Rates of oil recovered and recovery-throughput efficiencies are noted as “oil rate of recovery” (ORR) and “recovery efficiency” (RE).
  • The water surface lifting force generated by the COV’s patented contra-rotating drums acts in a suction or pumping manner that increases the ORR compared to conventional skimmer systems and the RE of the COV is in the 90-97% range. This is competitive with best in class 21st century technology in terms of ORR and RE.
  • Further improvements to the ORR (in terms of gallons per minute) could easily catapult the COV to “top three” status, by increasing the surface area of the drums through design modifications without impairing the stability of the vessel which is inherent to the COV design.
  • When our competitors’ skimmer systems meet waves above 18 inches, they are forced to suspend service. The COV operates in rough sea conditions (as high as 8 feet waves), significantly out-performing its competitors, and stands in a class of its own.

Featured COV Technology

 

 

Hub On AGORACOM / Corporate Website

Avalon Announces Public Offering of up to $5 million

Posted by AGORACOM-JC at 9:19 AM on Wednesday, April 29th, 2015

Toronto, Ontario–(April 29, 2015) - Avalon Rare Metals Inc. (TSX and NYSE MKT: AVL)(“Avalon” or the “Company“) is pleased to announce that it has entered into an agency agreement with Secutor Capital Management Corp. (“Secutor“), pursuant to which Secutor will act as agent on a best efforts basis in an offering of units of the Company (the “Units“) and flow-through shares of the Company (the “Flow-Through Shares“) for up to $5 million in gross proceeds (the “Offering“).

The Offering is comprised of up to 7,352,941 Units at a price of $0.34 per Unit, and up to 6,410,256 Flow-Through Shares at a price of $0.39 per Flow-Through Share. Each Unit consists of one common share (a “UnitShare“) and one-half of one non-transferrable common share purchase warrant (each whole warrant, a “Warrant“). Each Warrant entitles the holder to purchase one common share of the Company at a price $0.425 per share, for a period of 18 months following the issuance of the Warrants. Each Flow-Through Share will qualify as a “flow-through share” within the meaning of the Income Tax Act (Canada).

The Company intends to use the gross proceeds from the sale of the Flow-Through Shares for work on three mineral properties: the Nechalacho Rare Earth Elements Project, the East Kemptville Tin-Zinc-Copper-Indium Project and the Separation Rapids Lithium Minerals Project and the net proceeds from the sale of the Units for working capital and general corporate purposes.

The Corporation has granted Secutor an option (exercisable in whole or in part, in Secutor’s sole discretion), for a period of 30 days from closing of the Offering to purchase up to an additional 2,064,479 Units at a price of $0.34 to cover over-allotments, if any, and for market stabilization purposes.

The Offering is expected to close on or before May 12, 2015, subject to customary closing conditions, including the conditional approval of the Toronto Stock Exchange and the NYSE MKT.

The Offering is being made outside of the United States by way of a prospectus supplement dated April 29, 2015 to the Canadian base shelf prospectus dated September 10, 2013. The prospectus supplement relating to the Offering has been filed with the applicable provinces and territories in Canada and is available on SEDAR at www.sedar.com. The prospectus supplement forms part of the shelf registration statement filed with the United States Securities and Exchange Commission (the “SEC“), File No. 333-190771, which was declared effective by the SEC on September 12, 2013, and will be filed with the SEC pursuant to General Instruction II.L. of Form F-10 under the U.S. Securities Act registering for distribution under the U.S. Securities Act the Unit Shares, Warrants and Flow-Through Shares and will be available at the SEC’s websitewww.sec.gov.

This press release shall not constitute an offer to sell or solicitation of an offer to buy these securities, and these securities may not be offered or sold in any jurisdiction in which their offer or sale would be unlawful.

About Avalon Rare Metals Inc.

Avalon Rare Metals Inc. is a mineral development company focused on rare metal deposits in Canada, with three advanced stage projects. Its 100%-owned Nechalacho Deposit, Thor Lake, NWT is exceptional in its large size and enrichment in the scarce “heavy” rare earth elements, key to enabling advances in clean technology and other growing high-tech applications. Avalon is also advancing its Separation Rapids Lithium Minerals Project, Kenora, ON and its East Kemptville Tin-Indium Project, Yarmouth, NS. Social responsibility and environmental stewardship are corporate cornerstones.

For questions and feedback, please e-mail the Company at ir@avalonraremetals.com, or phone Don Bubar, President & CEO at 416-364-4938.

This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements related to how the Companyplans to use the net proceeds from the Offering and the anticipated closing date of the Offering. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as potential, scheduled, anticipates, continues, expects or does not expect, is expected, scheduled, targeted, planned, or believes, or variations of such words and phrases or state that certain actions, events or results may, could, would, might or will be or will not be taken, reached or result, will occur or be achieved. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Avalon to be materially different from those expressed or implied by such forward-looking statements. Forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made. Although Avalon has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Factors that may cause actual results to differ materially from expected results described in forward-looking statements include, but are not limited to market conditions, the need for continued cooperation and performance of the parties to the transaction, as well as those risk factors set out in the Companys current Annual Report,Managements Discussion and Analysis and other disclosure documents available under the Companys profile at www.SEDAR.com. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Such forward-looking statements have been provided for the purpose of assisting investors in understanding the Companys plans and objectives and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking statements. Avalon does not undertake to update any forward-looking statements that are contained herein, except in accordance with applicable securities laws.

Newnote Financial Partners with Bitnik Reload to Integrate Cointrader.net API in ABM Machines

Posted by AGORACOM-JC at 9:07 AM on Wednesday, April 29th, 2015

VANCOUVER, BC / April 29, 2015 / Newnote Financial Corp. (CSE: NEU) (OTCQB: NWWTF) (1W4.F) (the “Company”), is pleased to announce the Company has engaged in a strategic partnership with Bitnik Reload.

Reload is a service that binds your Bitcoin wallet to your Bitcoin exchange account: whenever you spend Bitcoins from your wallet, Reload will use your exchange account to immediately repurchase the same amount of Bitcoins. For example; suppose you bought a cup of coffee for $5 (Ƀ0.015). Reload will buy Ƀ0.015 from a supported exchange market order book automatically for you ensuring your Bitcoin supply doesn’t diminish.

Newnote’s wholly owned Bitcoin Exchange, Cointrader.net, will be joining the Reload network alongside Bitstamp, Bitfinex, BTCChina, BTC-e, BTCTrade, CexIO, Coinbase, Kraken and OkCoin among others.

CEO & President of Newnote, Paul Dickson, reports: “We’re very pleased to be part of the Reload network, Bitnik’s clever technology will certainly gain wider adoption as consumers move to utilize Bitcoin to purchase goods and services on a day-to-day basis.”

CEO of Bitnik Peter Trcek states: “It’s amazing how Reload, in one solution, offers both exchange integration for BTMs and enables users to re-buy Bitcoins automatically after making Bitcoin payments. Volatility is no longer an issue.”

Reload can be accessed at: https://reload.bitnik.eu/

About Newnote Financial Corp.

Newnote Financial Corp. is pioneering innovative crypto-currency and Bitcoin related software products and services geared at the growing business segment of this bourgeoning market. The Company owns and operates the Cointrader.net Bitcoin Exchange and offers Point-of-Sale services to merchants accepting Bitcoin for merchandise. Newnote has positioned itself to be a leading contender in delivering opportunities to startup businesses world-wide and continues to create new opportunities for its clients and its shareholders. Newnote has a clear vision on the direction in which this new and unique business is headed and is continually adjusting and adopting new business practices in both technology and the policies & procedures required by banks and securities regulators.

Newnote Financial Contact Information

Paul Dickson
President, CEO & Director
Newnote Financial Corp.
CSE: NEU; OTCQB: NWWTF; 1W4.F
Suite 709-700 West Pender Street
Vancouver, BC V6C 1G8
Phone: 604-229-0480
Fax: 604-685-3833
web: www.newnote.com
Bitcoin exchange: www.cointrader.net

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of Newnote Financial Corp. The forward-looking information is based on certain key expectations and assumptions made by the company’s management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

The CSE has not reviewed, approved or disapproved the content of this press release.

Enertopia announces newly updated website and educational blog

Posted by AGORACOM-JC at 8:25 AM on Monday, April 27th, 2015

VANCOUVER, BC / April 27 2015 - Enertopia Corporation (ENRT-OTCBB) (TOP-CSE) (the “Company” or “Enertopia”) is pleased to announce the launch of our newly updated corporate website,www.enertopia.com. Some key highlights are: Corporate Overview page, Events page,Your Health page that provides education, products, and V-LoveTM Diaries. Enertopia is focused on providing holistic options to help people potentially regain or improve their quality of lives in such areas as good health, nutrition, physical and emotional wellbeing.

Through our countless meetings with people in pain and other forms of distress we have witnessed firsthand the positive impact holistic healing has and is having on people’s lives.

“We are excited with the newly updated website that will give our community an opportunity to learn through ourV-LoveTM Diaries page and by attending events. Our mission is to empower people through healthy lifestyle choices to live, your life, your way,” stated CEO, Robert McAllister.

In Enertopia’s events calendar, there are engagements where Maureen McGrath, RN, Leading Sexual Health Expert, will be speaking at and/or Enertopia will be participating or hosting. These events will provide Enertopia the platform to be a strong advocate and voice in community outreach for good health, nutrition, physical and emotional wellbeing.

Enertopia is committed to raising awareness and in providing alternative options in the health and wellness sector. The Company’s first productV-LoveTM will be available in Canada very soon. Further details on the Big Launch Date and Launch Party will be announced shortly.

For more information on Enertopia please visit Enertopia.com

About Enertopia

Enertopia’s shares are quoted in Canada with symbol TOP and in the United States with symbol ENRT. For additional information, please visit www.enertopia.com or call Robert McAllister, the President: (250) 765-6412

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, potential and financing of its medical marihuana projects, evaluation and sale of sexual creams and other items, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions that are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements., foreign exchange and other financial markets; changes of the interest rates on borrowings; hedging activities; changes in commodity prices; changes in the investments and exploration expenditure levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Enertopia Corporation operates. The User should refer to the risk disclosures set out in the periodic reports and other disclosure documents filed by Enertopia Corporation from time to time with regulatory authorities. There is no assurance that Maureen McGrath’s outreach or the V-LoveTM sexual gel will have any meaningful impact on the Company or the Company will be able to obtain future financings.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release

KWG Encouraged by Federal Budget; Delisting From TSX Venture Exchange Completed

Posted by AGORACOM-JC at 4:39 PM on Wednesday, April 22nd, 2015

TORONTO, ONTARIO–(April 22, 2015) - KWG Resources Inc. (CSE:KWG)(TSX VENTURE:KWG)(FRANKFURT:KW6)(OTCBB:KWGBF) is extremely encouraged by the Federal Budget tabled by Federal Finance Minister Joe Oliver on April 21st. It was announced that the federal government will dedicate $23 million over five years from Natural Resources Canada to “stimulate the technological innovation needed to separate and develop rare earth elements and chromite”. As previously reported, KWG is developing a new method of refining chromite ore into ferrochrome by means of natural gas. The company has filed an international patent application under the Patent Cooperation Treaty that will provide it with the right to file patent applications in over 140 countries around the world. The new process could enable KWG to become the lowest cost producer of ferrochrome in the world, so securing Canada’s involvement in a significant global commodity marketplace.

KWG President Frank Smeenk stated, “We are pleased that the federal government recognizes the immense economic opportunity this new process provides for Canada, and that they are investing in further chromite refining research.”

KWG also announces that its common shares will be delisted from the TSX Venture Exchange (the “TSXV“) effective at the close of business on Wednesday, April 22, 2015. The common shares of the Company will continue to trade on the Canadian Securities Exchange (CSE) under the symbol “KWG“. The delisting was approved by the Company’s Board of Directors.

As described in KWG‘s Press Releases of March 13, 2015 and March 17, 2015, the delisting became necessary for KWG to satisfy its obligations under the option agreement with Bold Ventures Inc. (“Bold“) (TSX VENTURE:BOL) in respect of the Black Horse claims. KWG’s management and Board determined that it was in the best interests of its shareholders to continue to earn an 80% interest in Bold’s interest in the chromite resources comprising the Black Horse claims and a 20% interest in their non-chromite resources and to husband its cash resources by issuing 35,000,000 shares of KWG rather than making a cash payment of $700,000, especially in light of the difficulty in raising equity in the current markets. As the value of the shares being issued was $0.02 per share (reflecting current market prices), that TSXV policies do not permit listed issuers to issue shares at less than $0.05 each in this type of transaction, and that the TSXV would not grant KWG an exemption from the policy, the KWG Board concluded that it was necessary to delist the Company’s shares from the TSXV to continue its option to earn such interest in the Black Horse claims.

KWG’s common shares have been inter-listed for trading on the Canadian Securities Exchange (“CSE“) and TSXV for a number of years. Recently the CSE market facilities were made available to all of Canada’s discount brokerage trading services. It is anticipated that, following the delisting of KWG’s shares from the TSXV, shareholders, investors and brokers will experience no disruption in their ability to trade such shares through the facilities of the CSE and that trading liquidity will not be adversely affected. In addition, such change in trading markets is not expected to affect KWG’s ability to raise capital. Additionally, KWG shares will continue to be traded on the facilities of the Frankfurt Stock Exchange and on the OTC Market in the USA.

About KWG: KWG has a 30% interest in the Big Daddy chromite deposit and the right to earn 80% of the Black Horse chromite where resources are being defined. KWG also owns 100% of Canada Chrome Corporation which has staked claims and conducted a $15 million surveying and soil testing program, originally for the engineering and construction of a railroad to the Ring of Fire from Aroland, Ontario. KWG subsequently acquired patent interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. The company has determined that the reduction method can be employed to metalize finely ground chromite which may be recovered from slurry delivered to Aroland in an underground pipeline constructed within the Canada Chrome claims.

Neither 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 release.

Forward-Looking Information: This news release contains forward-looking information. All statements, other than statements of historical fact, that address activities, events or developments that KWG believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding payments to be made under the option agreement with Bold, and the voluntary delisting of KWG’s common shares from the TSXV) constitute forward-looking information. This forward-looking information reflects the current expectations or beliefs of KWG based on information currently available to it. Forward-looking information is subject to a number of risks and uncertainties that may cause the actual results of KWG to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on KWG. Factors that could cause actual results or events to differ materially from current expectations include, among other things: the delisting of KWG’s shares from the TSXV adversely affecting trading liquidity, trading prices or the ability of KWG to raise equity capital on favourable terms or at all. Forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, KWG disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. Although KWG believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.

Shares issued and outstanding: 812,983,718

KWG Resources Inc.
Bruce Hodgman
416-642-3575
info@kwgresources.com

INTERVIEW: Urban Barns Foods Inc. (URBF:OTCQB) Revolutionizing Cubic Farming

Posted by AGORACOM-JC at 11:49 AM on Wednesday, April 22nd, 2015

URBF: OTCQB

What is Cubic Farming?

  • A revolution in Controlled Environment Agriculture (CEA)
  • Propriety, patent-pending, looped conveyer growing system
  • Advanced uniform LED technology
  • Automated watering and nutrients
  • Optimal conditions for crops to transition from seeds to maturity through pre-set germination, growing and harvesting phases.

Why Urban Barn Foods?

  • Unknown story due to no previous IR = Great Timing
  • Many Tier-1 Restaurants, Hotels and Executive Chefs
  • 320 square feet = 3 acres of farm production
  • $5M Market Cap = Great Risk/Reward At This Level
  • Watch this video clip to see what production looks like
  • Watch this video clip to see what the Executive Chef at Chateau Frontenac has to say

Hub On AGORACOM / Corporate Profile / Watch Interview!

AGORACOM Small Cap TV “Best Of The Best” – April 21, 2015

Posted by AGORACOM-JC at 3:59 PM on Tuesday, April 21st, 2015

AGORACOM Founder, George Tsiolis and Chief Market Commentator, Allan Barry Go Via Satellite to discuss and debate Allan’s Best picks this week. Companies Included on this week’s show are:

WHY IS JULY 11, 2013 SO IMPORTANT?

Allan and George have already put their viewers well ahead of the game by starting their weekly broadcasts on July 11, 2013 on the thesis that great small-cap companies were so oversold they could not be ignored. One look at the TSX Venture Index proves they hit the nail on the head … but that doesn’t come close to telling the whole story with most of their picks far outperforming an index bloated with zombie companies.

Find out which companies Allan and George like this week by watching the video below!

Want to catch up on previous shows?

Weekly “Best Of The Best” Summarizing The Best Picks From Our Daily Shows. Posted Every Friday Afternoon Watch Here

THIS WEEK’S SHOW SPONSORED BY THE FOLLOWING GREAT SMALL CAP COMPANY: