Agoracom Blog

Progress at Lexaria’s Belmont Lake Oil Field

Posted by AGORACOM-JC at 8:41 AM on Wednesday, August 27th, 2014

Kelowna, BC / ACCESSWIRE / August 27, 2014 / Lexaria Corp. (LXRP-OTCQB) (LXX-CNSX) (the “Company” or “Lexaria”) is pleased to report of new developments at the Belmont Lake oil field in Mississippi.

Well PPF-12-7 was drilled in December 2013 but was never put into production due to seasonal delays. Lexaria is pleased to report that field work is currently underway with the goal of placing this well into production as soon as possible. Unless there are unexpected complications, this new well is expected to be in production and cash-flowing within roughly 30 days.

The PPF-12-7 sidewall core analysis indicated 19-20 feet (true vertical depth) of oil bearing pay. Oil and yellow fluorescence was encountered with recovered oil samples grading as high as 33 API. Permeability was very high across the entire sampled area, ranging from 3,100 millidarcies to as high as 4,750 millidarcies. For comparison, sand has a permeability of approx. 1,000 millidarcies. Lexaria’s technical consultants believe the high permeability could be indicative of a positive flow test.

Work is now underway to finish completion of the well and install production equipment and flow lines. A new production facility is planned as part of the overall 12-7 completion process that is separate from the existing production facility that handles production from the pre-existing four Belmont Lake wells. The new production facility will require shorter flow lines, is topographically higher, and less prone to seasonal high water fluctuations, which together should lead to more efficient and reliable full-year production.

More information, including eventual flow test results, will be released when available. Griffin & Griffin Exploration, LLC is the operator of the well which was drilled in Section 41, Township 2 North – Range 4 West of Wilkinson Country, Mississippi.

Lexaria retains a 42% working interest in the producing 12-1 and 12-3 wells; a 50% working interest in the suspended 12-4 and 12-5 wells; and a 13.3% working interest in the 12-7 well. Lexaria is actively reviewing all possible ways of maximizing value from the Belmont Lake oil field assets.

About Lexaria

Lexaria’s shares are quoted in the USA with symbol LXRP and in Canada with symbol LXX. The company searches for projects that could provide potential above-market returns.

To learn more about Lexaria Corp. visit www.lexariaenergy.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Lexaria Corp.

Chris Bunka
Chairman & CEO
(250) 765-6424

FORWARD-LOOKING STATEMENTS

This release includes forward-looking statements. 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, 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 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. It is impossible to identify all such factors but they include and are not limited to the existence of underground deposits of commercial quantities of oil and gas; cessation or delays in exploration because of mechanical, weather, operating, financial or other problems; capital expenditures that are higher than anticipated; or exploration opportunities being fewer than currently anticipated. There can be no assurance that road or site conditions will be favorable for field work; no assurance that well treatments or workovers will have any effect on oil or gas production; no assurance that oil field interconnections will have any measurable impact on oil or gas production or on field operations, and no assurance that any expected new well(s) will be drilled or have any impact on the Company. There can be no assurance that expected oil and gas production will actually materialize; and thus no assurance that expected revenue will actually occur. There is no assurance the Company will have sufficient funds to drill additional wells, or to complete acquisitions or other business transactions. Such forward looking statements also include estimated cash flows, revenue and current and/or future rates of production of oil and natural gas, which can and will fluctuate for a variety of reasons; oil and gas reserve quantities produced by third parties; and intentions to participate in future exploration drilling. Adverse weather conditions including but not limited to surface flooding can delay operations, impact production, and cause reductions in revenue. The Company may not have sufficient expertise to thoroughly exploit its oil and gas properties. The Company may not have sufficient funding to thoroughly explore, drill or develop its properties. Access to capital, or lack thereof, is a major risk and there is no assurance that the Company will be able to raise required working capital. Current oil and gas production rates may not be sustainable and targeted production rates may not occur. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company’s public announcements and filings. There is no assurance that the completion of the 12-7 well or the new production facility will be successful or lead to any increase in oil production.

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

 

SOURCE: Lexaria Corp.

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

Posted by AGORACOM-JC at 12:03 PM on Tuesday, August 26th, 2014

RZX: CSE

The Corporation is an “industrial products/technology” company, offering to investors a unique opportunity to participate in a leading company in the business of ownership of patents, and their development from commercialization to worldwide expansion through various business arrangements.

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
  • Detailed construction progress report is expected in August 2014, with testing and commissioning of the COV anticipated in Q3 of 2014

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
  • The following page has a 3D visual description of a COV
  • Recently completed the engineering drawings for the Clean Ocean Vessel (COV) and ordered critical components to initiate construction on the COV

Recent Highlights

  • 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.
  • Announced that it intends to enter into an agreement with Rayco Steel Inc., wherein Rayco shall work on completion of engineering construction drawings for the anticipated construction of the first Clean Ocean Vessel.

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

Company Objectives

  • Seeks to establish itself as a leading intellectual property holder to help meet the worlds growing energy needs, while considering the significant requirement to find and use the most effective integrated green energy solutions.
  • Protection of the environment, whether it is on land, sea, or in the air is still a growing global concern and in the 21st century, more than ever, it is imperative that effective products and services be available. Since its incorporation, Robix has sought to expand its capability to package and deliver these critical resources.

 

12 Month Stock Chart

AGORACOM Welcomes Supreme Pharmaceuticals (SL: CSE) Canada’s Newest Entrant to $1.3B Medical Marijuana Industry

Posted by AGORACOM-JC at 10:53 AM on Monday, August 25th, 2014

SL: CSE

Supreme Pharmaceuticals Inc. dedicated to securing multiple producing medical marijuana facilities in Canada and applying for several MMPR commercial production licences.

South Okanagan Producing Facility

About The Facility

The Vendor currently owns its own facility in Okanagan Falls, British Columbia. The Vendor has cost effectively facilitated Personal-use Production License holders production of monthly crops of approximately 16,000 grams/month of medical marihuana in full compliance with all regulatory authorities. In the application for the MMPR, the company has applied for a significantly larger amount for commercial production.

The medical marijuana currently produced by private license holders requires a strictly controlled and augmented growing environment to consistently reach optimal plant characteristics in 90 days. The Vendor has designed and constructed 3 indoor purpose specific greenhouses, each of which are planted monthly, and harvested at 90 days.

Each greenhouse is fully climate controlled, with all key growing elements monitored and computer controlled to ensure consistent production. There are production elements, which require brief manual monitoring and intervention on a daily basis, but all key environmental functions are electronically controlled. The details of the process are highly commercially sensitive and valuable, and will not be disclosed until a full sale transaction is concluded.

The facility has been built to be fully compliant with all relevant building and safety requirements. All electrical, plumbing, security, and related plant and equipment are built to full commercial standards.

The facility has received and replied to the Department of Health Canada on its Marihuana for Medical Purposes Regulations Licence (MMPR) application, who required additional information on:

  • External and internal security measures
  • Updated site survey and aerial photographs
  • Further information on principal and proposed technical employees
  • Details on record keeping and information handling procedures

The Vendor has engaged external consultants and specialists to assist in the application process who have been able to respond and provide the requested documentation in a timely manner. While the Vendor is confident that their prior experience and expertise in the industry and the high commercial standards of the production facility will enable full compliance with Department of Health requirements for a full commercial MMPR license, there is no guarantee a MMPR license will be granted.

Management of Supreme and its operating subsidiary recently met with government officials, including the fire chief, local politicians, and community stakeholders in the township where its Southern Ontario green house facility (Facility 2) is located. The Company does not foresee any concerns in this area as construction progresses such that it may eventually receive final receipt of the MMPR license.

Gupta: ‘I am doubling down’ on medical marijuana


Dr. Sanjay Gupta, CNN Cheif Medical Correspondent. We have no affiliation with this well known medical expert, but his latest “Doubling Down” on the medical marijuana sector is worthy of your attention. Reasons such as these convince us we are doing the right thing in entering this market.

Medical marijuana and ‘the entourage effect’

12 Month Stock Chart

Enertopia Makes Steady Progress as Industry Heats Up

Posted by AGORACOM-JC at 10:33 AM on Monday, August 25th, 2014

WHITEFISH, MT / August 25, 2014 / Canada’s Marihuana for Medical Purposes Regulations (“MMPR”) program has been mired in controversy since the beginning. After switching from the Medical Marihuana Access Regulations (“MMAR”) to the MMPR program in October 1, 2013, Personal Use Production Licenses (“PUPL”) and Designated Person Production Licenses (“DPPL”) were phased out on March 31, 2014.

The transition from the MMAR to the MMPR program was designed to move marijuana production out of homes and into tightly regulated corporations. Unfortunately, these dynamics translated to an immediate increase in costs for many medical marijuana patients, which led to lawsuits against Health Canada to permit home growing until a better plan was established.

In the meantime, Health Canada has approved 13 licensed producers under the MMPR program that have already begun selling product. These sales are likely to accelerate as the new MMPR program picks up steam, with the government projecting about $1.3 billion per year in revenue by 2024, while home growing operations are likely to end in the near-term following the court resolutions.

Industry Heating Up

The large potential market for licensed producers under the MMPR program has led to tremendous investor interest in the space. With four licensed producers undergoing transactions to become publicly traded, including OrganiGram Inc. (TSX-V: OGI), Mettrum Ltd., Bedrocan Canada Inc., and PharmaCan Capital, investors will have the ability to invest directly or indirectly in seven of the 13 licensed producers.

Tweed Marijuana Inc. (TSX-V: TWD) (OTC: TWJMF) was the first publicly traded licensed producer and has already achieved a market capitalization of over $100 million, as of August 2014. Many private licensed producers have also reported rising demand from fund managers and venture capital firms looking for a piece of the action, signaling investor confidence in the MMPR’s ultimate success.

With many of these publicly traded companies already reaching $50 to $100 million valuations, investors may want to take a look at promising aspiring licensed producers that may be trading at a discount. Diversification across several companies that are approved and/or seeking approval may be the best way to reduce risk in a sector that is characterized by its high volatility.

Making Steady Progress

Enertopia Corp. (OTC: ENRT), with a market cap of only $10.6 million, is an aspiring licensed producer under Canada’s MMPR program that sets itself apart from the competition. With extensive experience under the prior MMAR program, the company has experience growing and handling medical marijuana, unlike many other newer applicants, and regulators know they can trust the firm to deliver on its promises.

CannabisFN Executive Interview | Enertopia Corp. (OTCQB: ENRT) from TDM Financial on Vimeo.

The company’s three major projects are all making steady progress. Security upgrades are being installed at the Green Canvas project in Saskatchewan; design upgrades are in the works at the GTA project in Ontario in partnership with Lexaria Corp. (OTC: LXRP); and, the World of Marijuana project is awaiting its Health Canada site visit as the government continues to work through its backlog.

The company is also actively pursuing opportunities to diversify into related areas like oils, edibles, and industrial hemp markets across North America. Management hopes that these efforts to establish multiple revenue streams will reduce risk for investors and ultimately help internally finance its growth. These efforts also set the company apart from many other pure-plays in the space.

Looking Ahead

Canada’s medical marijuana space may have had a rough start, but the MMPR program appears to be picking up steam. As Health Canada’s site visits take place, many companies are also becoming acquisition targets, as evidenced by Tweed’s acquisition of Park Lane Farms following its approval earlier this month. These dynamics could justify even higher valuations for smaller firms in the space.

Enertopia has a key advantage with its MMAR operating history and experienced management team. As it continues to progress towards licensure, investors in the marijuana space may want to take a second look, including those involved with U.S.-based companies like Medical Marijuana Inc. (OTC: MJNA) or Hemp Inc. (OTC: HEMP), given Canada’s more established federal-level programs.

For more information, see the following resources:

- Company Website – http://www.enertopia.com/

- CannabisFN Profile – http://www.cannabisfn.com/mdc/enertopia-corp/

Sign Up For Future Email Updates On Enertopia Corp.

http://www.tdmfinancial.com/emailassets/enrt/enrt_landing.php

Disclaimer: Except for the historical information presented herein, matters discussed in this release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Emerging Growth LLC may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. Emerging Growth LLC may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two. For full disclosure please visit: http://www.cannabisfn.com/legal-disclaimer/

SOURCE: Emerging Growth LLC

Start your small cap medical marijuana research in the AGORACOM Small Cap 
Medical Marijuana Stocks Gateway: 
http://agoracom.com/portal/Small%20Cap%20Medical%20Marijuana%20Stocks

Newnote Financial Corp. receives US Trading Symbol NWWTF, to Commence Trading in the USA

Posted by AGORACOM-JC at 9:11 AM on Monday, August 25th, 2014

Vancouver, British Columbia – Newnote Financial Corp. (the “Company”) (CSE: NEU; FSE: 1W4 ) is pleased to announce shares of the Company have commenced trading on the OTC Pink Sheets under the symbol NWWTF.

Paul Dickson, President and CEO states: “This is the first step towards becoming a fully reporting issuer with the SEC. The Company is fully reporting in Canada and listed on the CSE Stock Exchange as well as the Frankfurt Stock Exchange. We are pleased to work with Merriman Capital Inc., whose hard work and diligence has allowed us to achieve our US trading symbol. We are now seeking to complete an OTCQB listing as a foreign issuer.”

Separately, the Company grants 500,000 warrants at $0.15/warrant to consultants set to expire in 15 months.

About Merriman Capital, Inc.

Merriman Capital, Inc. is an investment banking firm providing equity and options execution services, market making, and differentiated research for high growth companies. The firm also provides capital raising, advisory, and M&A services. Merriman Capital, Inc. is a wholly owned subsidiary of Merriman Holdings, Inc. (OTCQX: MERR) and is the leading investment banking firm for OTCQX companies. For more information, please go to http://www.merrimanco.com/.

Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/.

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. 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.

For further information please contact:

Paul Dickson

President, CEO & Director

Newnote Financial Corp.

Suite 709-700 West Pender Street

Vancouver, BC V6C 1G8

direct: 604-229-0840

fax: 604-685-3833

web: www.newnote.com

 

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.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/NewnoteAug252014.pdf

Garibaldi Resources Corp. Reports High-grade silver and increasing base metal values sampled up to 3 km south of Silver Eagle discovery

Posted by AGORACOM-JC at 8:06 AM on Friday, August 22nd, 2014

TSXV: GGI
OTC: GGIFF
Frankfurt: RQM

VANCOUVER, Aug. 22, 2014  – Garibaldi Resources Corp. (TSX.V: GGI) (the “Company” or “Garibaldi”) is pleased to report that as Phase 2 diamond drilling continues at its Silver Eagle target (Rodadero North Project) in central Sonora State, surface sampling results from mineralized outcrops indicate continued high silver values in addition to a significant increase in base metal content (up to 14.9% lead and 1.8% zinc) 1.5 km to 3 km south of discovery hole SE-14-01.

Phase 1 drilling confirmed a shallow high-grade mineralized system open in all directions at Silver Eagle and apparently widening to the south toward the Reales area (see August 5, 2014 news release). Further work is continuing to determine the relationship between the Silver Eagle and Reales targets.

Steve Regoci, President and CEO of Garibaldi, commented: “The similarities of the silver grades in our sampling from Silver Eagle to the south are extremely encouraging. This also correlates with our hyperspectral ‘hot spot’ signatures that initially identified the contiguous Silver Eagle and Reales targets.

“Importantly, as we track mineralization through Reales, we continue to sample high silver grades while the base metal content appears to increase substantially. To the east and southeast of Silver Eagle, we’re investigating what seems to be predominantly gold-silver mineralization with some very high metal values from sampling as previously announced. The clustering of targets along a 10 kilometer distance at Rodadero North is the focus of an expanded exploration program.”

Assays from a total of 23 rock samples selected 1.5 km to 3 km south of Silver Eagle ranged from 6.5 g/t Ag to 549 g/t Ag, and from 0.15% Pb to 14.9% Pb. Average values from these selected dump, grab and channel samples were 117 g/t Ag and 4.9% Pb.

Highlights from the sampling at Reales are as follows:

Sample No. Target Ag (g/t) Pb (%)
865080 Reales central 549 5.8
865079 Reales central 210 13.1
26149 Reales central 198 4.4
121036 Reales central 110 11.4
121115 Reales central 18.9 14.9
62 Reales south 216 2.3
63 Reales south 336 4.8
64 Reales south 100 3.0

Four of the above samples from Reales central also returned elevated copper values ranging from 0.16% in sample no. 121036 to 0.66% Cu in sample no. 865080. Two samples (26149 and 865080) from Reales central returned zinc grades of 1.8% and 0.49%, respectively.

Sampling will soon be carried out over the northern section of Reales and additional areas throughout the target.

By the nature of the biases of sampling, the above sampling results are not necessarily representative of mineralization at Rodadero North in general or, specifically, within the zones, structures or geological features that were sampled.

Sampling data from other target areas at Rodadero are being compiled and interpreted, and the Company looks forward to releasing additional results in the near future.

Updated Maps

A Rodadero Project map can be viewed by going to the following web site URL:

http://www.garibaldiresources.com/i/maps/Rodadero/GGI-Rodadero-Project-Map.pdf

Quality Assurance & Control

Garibaldi maintains strict QA-QC protocols for all aspects of its exploration programs that include the systematic insertion of blanks and standards into each sample batch. Acme Labs (now part of the Bureau Veritis group that includes BSI Inspectorate) performed assay analyses on core, and ALS Global (formerly ALS Chemex) performed analyses on rock samples. All samples were assayed using certified and industry standard assay techniques for gold and multi-element packages for other elements and for over-limits. Au was analyzed by 30 or 50 gram fire assay with an atomic absorption finish, and other elements were analyzed by multi-element ICP.

Qualified Person

Dr. Craig Gibson, Certified Professional Geologist and a director of Garibaldi, is a non-arms length Qualified Person for the Company’s Mexico projects and the direct manager of the technical programs operated under contract by Prospeccion Y Desarrollo Minero del Norte (ProDeMin). Dr. Gibson has reviewed this news release and approved the content thereof.

About Garibaldi

Garibaldi Resources Corp. is an active Canadian-based junior exploration company focused on creating shareholder value through discoveries and strategic development of its assets in some of the most prolific mining regions in Mexico and British Columbia.

We seek safe harbor.

GARIBALDI RESOURCES CORP.

Per: “Steve Regoci”

Steve Regoci, President

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or the accuracy of this release.

CLIENT FEATURE: DNA Precious Metals (DNAP: OTCQB) Production target fall 2014 with 7+ Year Mine Life In Quebec

Posted by AGORACOM-JC at 5:19 PM on Thursday, August 21st, 2014

DNAP: OTCQB

Focused on near term production of the Montauban tailings mine in the Province of Quebec, Canada with an aggressive search for economic production assets.

Why DNA Precious Metals?

  • Company is 100% unhedged thus positioned to fully benefit from any future rise in precious metals prices
  • Main asset is the Montauban Tailings Mine Property located at Notre-Dame-de-Montauban in one of the world’s most favorable mining jurisdictions; the province of Quebec
  • Focused on the extraction of gold, silver and potentially, the industrial mineral mica (phogopite) from the approximate 2.5 million metric tons of historic mining residues (“residues”) situated in the Montauban area
  • Extraction of the valuable metals from the residues is a low cost process compared to the processing of ore.
  • Economic potential from the processing of the residues is approximately 174 million dollars

Competitive Edge

  • Sole mining company in Canada with its primary focus of bringing a tailings residue site into commercial production. The Company has “first mover advantage” in Quebec, and may expand into exploitation of other tailings sites throughout the province
  • Longer term potential is tailings exploitation nationally and in other jurisdictions.

The Montauban Project

Montauban, a series of advanced exploration claims, is located in the Portneuf County of Quebec, Canada. The project is situated approximately 120 km west of Quebec City and approximately 60 km north of Trois-Rivieres.

The project is accessible by vehicle through route 363 linking Saint-Marc des Carrieres, St- Casimir, Saint-Ubalde and Lac-aux-Sables, then following the route leading to Riviere-a-Pierre which cuts through the property.

Tailings

In July of 2010, 9215-8062 Quebec Inc. began a drilling campaign to evaluate the potential resources in the mining residues identified as “recent tailings” located on claims numbers; 5233236, 5233237, and 1037669. After receiving encouraging results from the initial drill campaign, 9215-8062 Quebec Inc. mandated Mr. Yves Gagnon, Engineer Geologist, to supervise a second drill campaign and to evaluate the Montauban Tailing resources by completing a National Instrument 43-101 compliant resource estimate.

Consequently, in January of 2011 Mr. Yves Gagnon Eng.Geo published the 43-101 Technical Report on the Resource Evaluation of the Montauban Tailings indicating the measured resources below. DNA Precious Metals Inc. is 100% owner of the sixty-five mining claims where the Montauban Tailings are located.

Historical tailings of approximately 2.5 million metric tons from past producers have been identified by multiple independent government reports for the Montauban Property. The tailings from those past producers in the Montauban Property area are;

DNA Crypto Corp.

Company has recently announced that it has formed a wholly owned subsidiary under the laws of the State of Nevada called DNA Crypto Corp. The new subsidiary will seek to identify the best crypto currency mining opportunities in the US and Canada. Initially, DNA Crypto Corp. will focus on mining bitcoins which currently represents the world’s most popular crypto currency. Bitcoin has the biggest liquidity pool of all the crypto currencies with over 12.8 million bitcoins in circulation and with a market capitalization of $8.4 billion US. Well known investors like Marc Andreessen and innovative financial organizations like Second Market are firmly behind bitcoin and the potential for bitcoin to be transformative.

Stock Chart

Quebec Quartz Starts Exploration Program on the Martinville, Malvina and the Montpetit Quarry Silica Properties

Posted by AGORACOM-JC at 2:40 PM on Thursday, August 21st, 2014

Montreal, Quebec / August 21, 2014 / Uragold Bay Resources Inc. (“Uragold”) (TSX Venture: UBR) is pleased to announce that it’s wholly owned subsidiary, Quebec Quartz, has initiated a work program and is starting the evaluation process of its Martinville, Malvina and the Montpetit Quarry Silica properties.

Fieldwork will first start on the Martinville property where a Historical Resource of 1,000,000 tons was declared and where samples of up to 99% SiO2 were found and then continue to the Malvina property where sample as high as 99.74% SiO2 were reported. Historical records indicate that the samples were taken from quartz vein systems described as clear white quartz with limited fracturing. Both properties are located approximately 40 km south east of Sherbrooke in the Eastern Townships of Quebec.

The Montpetit Quarry is located in Hemmingford Quebec, 70 km south of Montreal. Historical records indicate the silica mined in the 1950s from the quarry was used for ferro-silica production. In 1956, 3,000 tons of sandstone quartzite was analyzed and the average result for SiO2 was 99.27% indicating that the silica from this property could be suitable for silicon metal production. The silica is described as originating from very pure quartzite sandstone from the Cairnside geological formation

Source: Resources Naturelles du Quebec, Sigeom 2014, Work Reports GM54343, GM53695, GM03695. A qualified person has not verified the relevance and reliability of the properties outlined above. All information such as resources estimates and grades herewith presented is historical in nature and while relevant, the information was obtained before the implementation of National Instrument 43-101 and as such does not meet National Instrument 43-101 reporting standards. The historical estimate should not be relied upon until the Company can confirm them.

A field crew has been mobilized to complete a review of the local geology, verify the extent and size of the known quartz deposit in addition to investigating the potential for new discoveries that could compliment the already rich portfolio of High Purity Silica (HPS) assets held by the Company. After having mapped the quartz deposits, the field crew will extract approximately 200 kilograms of quartz per property in the more prospective historic high-grade zones for assaying and metallurgical tests.

To fully comply with high purity quartz industry standards, several constant parameters must be met including: 1) Chemistry; 2) Particle shape, size and distribution; 3) Hydroxyl level and; 4) Carbon content. These four characteristics are fundamental for the successful production of high purity quartz to a commercially acceptable product standard. Samples will be sent to an independent lab, silicon metal producers and specialized labs that supply high purity quartz to high tech companies.

Patrick Levasseur, President and COO of Uragold stated, “We are extremely pleased with the field crew’s work on our Drucourt and Roncevaux properties earlier this summer. The same crew will be mobilized for the Martinville, Malvina and the Montpetit Quarry Silica properties with the task of evaluating the HPS properties the Company staked in Q2.” Mr. Levasseur then added, “The Company looks forward to shipping samples to leading Silicon Metal producers and HPS laboratories so that we can evaluate the quality of our material.

About Silica

Quartz is one of the most abundant minerals. It occurs in many different settings throughout the geological record. High Purity Quartz deposits with low impurities are rare. However, only very few deposits are suitable in volume, quality and amenability to tailored refining methods for specialty high purity applications.

High Purity Silica (HPS) and Silicon Metal which is used in large part in the aluminum industry has become one of today’s key strategic minerals with applications in high-tech industries that include semiconductors, LCD displays, fused quartz tubing, microelectronics, solar silicon applications and recently, Silicon Anode Lithium Batteries

About Quebec Quartz

Uragold acquired some of the most prospective historical HPQ deposits with High Purity Silica (+99.5% SiO2) (HPS) values in Quebec during Q2 2014. Quebec Quartz is a 100% own subsidiary of Uragold Bay Resources, a junior exploration company listed on the TSX Venture under the symbol UBR. Quebec Quartz holds a strategic portfolio of high purity silica (+99.5% SiO2) deposits and closed silicon metal mines in Quebec.

About Uragold Bay Resources Inc.

Uragold Bay Resources is a TSX-V listed Gold and High Purity Quartz exploration junior focused on generating free cash flow from mining operations. Our business model is centered on developing mining projects suited for smaller-scale start-up, (Capex < C$10M), that will generate high yield returns (IRR > 50%). Uragold will reach these goals by developing Quebec’s first placer mine in 50 years, the Beauce Placer Project developing and, in partnership with Golden Hope Mines, the Bellechasse-Timmins Gold Deposit.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information contact

Bernard J. Tourillon, Chairman and CEO
Patrick Levasseur, President and COO

Next Gen Engages America’s First Lady of Cannabis Media Personality Cheryl Shuman to Launch Global Cannabis Summit with GreenRush Financial Conference in Seattle, WA on September 23, 2014

Posted by AGORACOM-JC at 1:26 PM on Thursday, August 21st, 2014

- Next Gen and GreenRush Financial Conferences announce historic international partnership with Media Personalities Cheryl Shuman, American’s First Lady of Cannabis to launch historic Cannabis Summit.

- Ms. Shuman brings with 30 years of expertise in the cannabis, celebrity and media industry and has launched over 1700 companies within the cannabis sector.

- First Cannabis entrepreneur to manage an historic $100 million hedge fund to invest in cannabis businesses.

- Her Celebrity driven “Beverly Hills Cannabis Club” Featured on AdWeek’s Magazine Cover for building the most recognized brand and the largest media platform in the cannabis industry beginning with $150,000 in seed capital in 2009 to $6.5 million in revenue in less than 18 months as the face of KUSH MAGAZINE.

- Shuman’s “mommy lobby” is known as the most powerful political force in American politics. As the Executive Director of Moms for Marijuana Shuman has over 500,000 followers and recognized by media as the “secret to legalizing marijuana”.

- Ms. Shuman launched an historic “rebranding” campaign for cannabis generating $537 million in earned media worldwide to date. Shuman brings an elite level of credibility, experience, relationships and exposure to GreenRush, having both worked with and been seen on ABC’s 20/20, Katie Couric Show, CNN, Fox Business News, The View, Good Morning America and many more.

- The conference is being held in Seattle, Washington on September 23, 2014 at the Washington State Convention Centre – Level 600

- GreenRush Financial Conferences is a wholly owned subsidiary of Next Gen (CSE-N, OTC-PK NXTTF, FSE-M5BN) and is aligned to be the Premier Purveyor of Investment Conferences for the Medical Marijuana, Industrial Hemp and Alternative Medicine Industries

 


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Vancouver, British Columbia, Canada / TNW-ACCESSWIRE / August 21, 2014 / Next Gen Metals Inc. (“Next Gen”, the “Company”) (CSE: N, OTC Pink: NXTTF, FSE: M5BN) is pleased to announce that it has engaged Cheryl Shuman of Echelon Cannabis to consult and co-host GreenRush Financial Conference being held in Seattle, Washington on September 23, 2014. Management of Next Gen is delighted to have the opportunity to work with Cheryl, who is commonly referred to as the “Martha Stewart of Marijuana” and who brings decades of experience working with media, celebrities, marketing and health care. She has been instrumental in the cannabis movement since 1996 working as an activist and legal cannabis patient. Since using cannabis therapy, she has survived cancer and injuries from two car crashes.

Her private medical cannabis collective, “The Beverly Hills Cannabis Club” is unlisted and membership is by referral only. Through her personal relationships and connections within Hollywood and the media, Cheryl Shuman has been named as one of the most influential women in the cannabis reform movement by international media.

Harry Barr, CEO, stated that, “We look forward to working with Cheryl Shuman to develop and brand the GreenRush Financial Conference as the best investment conference in this exciting and emerging multi-billion dollar Industry.”

Next Gen is scheduling a multi city conference schedule over the coming months and in association with Echelon is looking forward to continuing to establish its reputation as the premier investment/business conference in the Industry.

Next Gen and Cheryl Shuman would also like to formally invite interested investors, industry participants, stakeholders and exhibitors to the conference being held in Seattle, Washington on September 23, 2014.

If you are interested in being a speaker, exhibitor or sponsor for the GreenRush Financial Conferences, please contact:

Exhibitors/Sponsors

Cheryl Shuman Cheryl@CherylShuman.com 310.779.4797

Ray Rich rayrich@greenrushfinancialconferences.com 604.648.1401

Taylor Barr taylor@greenrushfinancialconferences.com 604.685.1870

Media

Cheryl Shuman Cheryl@CherylShuman.com 310.779.4797

Andrew Brougham abrougham@greenrushfinancialconferences.com 604.648.1414

Website: www.greenrushfinancialconferences.com

 


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About Next Gen

(CSE: N, OTC Pink: NXTTF, FSE: M5BN)
Next Gen is a diversified Canadian public company which focuses on investing in the Medical Marijuana, Industrial Hemp and Alternative Medicine sectors. Recent regulatory/legal changes in North America have provided an opportunity for the company to enter into this emerging multi-billion dollar industry. Next Gen’s vision is to be the leading provider of venture capital, management expertise, education, brokerage and consultancy solutions and a facilitator for these explosive new industries.

Next Gen’s business model generates new industry business proposals and plans on a continuous basis. To that end, Management is currently negotiating with a number of companies who are interested in entering into contractual arrangements to co-venture, co-finance, and option-joint venture on one or more of Next Gen’s large inventory of business opportunities and existing 100% owned companies and projects in these multi-billion dollar industries.

For further information on the company, visit our website at www.NextGenmetalsinc.com.

About Cheryl Shuman

Cheryl Shuman‘s TV reality started at age three with Charles Kuralt. By age 17 she’d been in several television appearances and was offered to host a twice-weekly regular show on WLWT-TV in Cincinnati that led to a segment on ‘PM Magazine.’ At age 23, Cheryl relocated to Los Angeles as the personal optician to the stars and created a new business Starry Eyes. In Hollywood with Starry Eyes, she worked on the biggest films, TV and music properties generating revenues of $22 million within 36 months. This led to her own show on the QVC Network and a mutually rewarding 7-year relationship expanding to include product placement, production and branded entertainment divisions. In 2006 Shuman was diagnosed with cancer, and after years of following failed allopathic medicine treatments, she opted for medical cannabis (raw juice and oils grown on a California farm) as an alternative. Having successfully used medical cannabis, she subsequently founded the Beverly Hills Cannabis Club, became the face of medical cannabis and is most visible woman in the medical marijuana reform movement. Cheryl received the 2013 Activist of the Year award. Together Cheryl and Aimee, her daughter and EVP of Cheryl Shuman, Inc., have reached over 100 million viewers while appearing on such mainstream shows as CNN’s Piers Morgan Live, the Katie Couric Show, The View, ABC’s 20/20, Good Morning America, Fox Business News and many other international media outlets. Cheryl Shuman is represented by agent Mark Itkin with the prestigious William Morris Endeavor Agency in Beverly Hills. For more information visit http://www.cherylshuman.com or, to contact Cheryl Shuman directly, call 310.779.4797.

On behalf of the Board of Directors

“Harry Barr”

Harry Barr

President & CEO

FORWARD LOOKING INFORMATION

This News Release contains forward-looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements.

Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com. This News Release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The CSE has neither reviewed nor approved the contents of this News Release

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Silicon markets set to extend upward trend in September

Posted by AGORACOM-JC at 11:08 AM on Thursday, August 21st, 2014

LONDON (Metal-Pages) 20-August-14. Silicon markets in Europe and the US are expected to trend higher in the coming weeks on firm demand from the chemicals sector, while demand from the aluminium sector is expected to pick up again after the seasonal slowdown, according to industry sources this week.

Moreover, supply tightness on both markets should also buoy prices despite an increase in Chinese exports, which are subject to EU trade duties, and a shortfall in supply from Brazil, South Africa and Australia.

Exports from Brazil are seen falling further in the coming months as stocks are being used to a low level against steep domestic production cuts this year as the country battled a prolonged, widespread drought and an energy shortfall.

There have also been power shortages in South Africa.

EU producers such as Ferroatlantica have made little material available to the spot market so far this year, industry sources said, while Australia’s Simcoa has been forced to shut one of its two silicon metal furnaces for repairs.

Officials at Simcoa could not be reached for comment. Consequently, US and European prices have moved up several cents a pound and about €50 a tonne, respectively this summer. Metal-Pages last assessed prices are some €2,125/tonne and $1.44/lb on average in Europe and the US.

Tighter supply

Brazilian exports are expected to tighten in the coming months as power-restricted production starts to bite after exporters have persistently met customer orders, while also taking advantage of buoyant overseas prices. Brazilian silicon metal exports have jumped more than 5% in the first half of this year, year-on-year, to more than 70,000 tonnes. but although exports increased more than 4% in June, they fell almost 29% from the month before, according to industry data.

Brazilian exporters have also been redirecting material towards Europe as the price differential between European and American domestic prices has narrowed.

Brazilian silicon exports to Europe accounted for almost half of total overseas shipments in June, from below a quarter of the total in January this year, while Brazilian exports to the States fell to below 45%, from two-thirds of total Brazilian silicon exports in the same comparison.

-By Declan Conway in Europe (declan@metal-pages.com)