Agoracom Blog

FEATURE: Explor Resources (EXS: TSX-V) 609K oz Indicated / 470K oz Inferred Gold $EXS.ca

Posted by AGORACOM-JC at 11:38 AM on Friday, August 26th, 2016

ONTARIO AND NEW BRUNSWICK PROPERTIES CURRENTLY UNDER EXPLORATION

Timmins Porcupine West (TPW) (4300 ha)

  • NI 43-101 Resource: 609,000 oz Indicated
    470,000 oz Inferred Gold
  • 13 km from downtown Timmins
  • Property is 2.5 km, NE of LSG West Timmins Mine
  • Model: Hollinger McIntyre Gold System: 30,000,000 oz. Au
  • Discovery Hole 10-30 : 9.22g/tonne over 11.0 meters
  • Optioned to Teck Resources
  • Teck to spend $12,000,000 to earn 70% interest

Chester Copper & VMS Project (3500ha)

  • Mineral Target: Cu, Pb, Zn, Ag, & Au
  • 70 km SW of Bathurst NB
  • Structural Model Complete
  • 300 m wide x 2000m long mineralized Corridor identified
  • Ramp to ore zone (480 meter long (3m x 4m)
  • Optioned to Brunswick Resources (BRU)
  • Brunswick to spend $500,000 over 3 years
  • Explore to receive $40,000 and 5,000,000 shares of BRU
  • Open pit resource – NI 43-101 Resource: 1,400,000 Indicated t @ 1.38% Cu
    2,089,000 Inferred t @ 1.26 % Cu


Kidd Creek Project (2466 ha)

  • Mineral Target: Cu-Zn Ore
  • Located 1.0 km west of Kidd Creek Mine
  • Kidd Mine yielded 130M tonnes of Cu-Zn Ore since 1960
  • Numerous Geophysical max/min and IP Targets
  • Diamond Drilling winter 2015/2016

QUEBEC PROPERTIES CURRENTLY UNDER EXPLORATION

East Bay (3203 ha):

  • Mineral Target: Gold
  • Lies on Porcupine Destor Fault Zone, on strike with Beattie & Donchester mine
  • Historical channel samples by Lacana Mining in 1982 including: 0.81 oz/ton over 5ft; 0.16 oz/ton over 6 ft; 0.10 oz/ton over 10 ft
  • Wrap around Clifton Star

Nelligan (1198 ha):

  • Mineral Target: Nickel
  • Located in Val d’Or mining district of Quebec
  • Historical grab samples of 10% Ni and 0.6% Cu obtained by INCO
  • Discovered anomalous Nickel, Copper Zones

Launay (2250 ha):

  • Mineral Target: Nickel
  • Mineralized zones contained in mafic volcanic rocks
  • Contiguous to Royal Nickel’s Dumont property (NW end)

12 Month Stock Chart

PhytoPain Pharma Announces Appointments to Its Scientific and Clinical Advisory Board $PPP.ca $GCI.ca

Posted by AGORACOM-JC at 8:45 AM on Friday, August 26th, 2016

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  • Announce the creation of its Scientific and Clinical Advisory Board
  • Board is comprised of experts in clinical research, pain management as well as cancer and neurological product drug development

OTTAWA, ONTARIO–(Aug. 26, 2016) - PhytoPain Pharma Inc. (“PhytoPain Pharma” or “PPP“), a subsidiary of GrowPros Cannabis Ventures Inc. (“GrowPros” or the “Company“) (CSE:GCI), is pleased to announce the creation of its Scientific and Clinical Advisory Board. The board is comprised of experts in clinical research, pain management as well as cancer and neurological product drug development. The Advisory Board will provide strategic guidance on PPP’s clinical development program, clinical trial designs, and pipeline of preclinical and clinical candidates for the treatment of pain, insomnia and other conditions affecting cancer patients. “This team of accomplished scientific and clinical experts will collaborate with us on our goal of bringing these new prescription drug products to patients while addressing the concerns of the medical establishment and regulators,” stated Dr. Chamberland, Chief Scientific Officer and Regulatory Affairs.

The President of the board will report directly to the Board of Directors of GCI. The advisory board is expected to meet before the end of October to review the clinical development plan of PPP’s phase I clinical study of smoked cannabis and the development of future cannabis-based therapeutics. PPP intends on submitting the Clinical Trial Application (CTA) after incorporating the recommendations obtained from its expert advisory panel into the clinical development program. PPP also intends on submitting the clinical protocol to the US Food & Drug Administration (FDA) for review. PPP is developing this prescription drug product for both the Canadian and USA market and intends on obtaining approval from Health Canada and the US FDA.

“We are honored to have these distinguished experts join GCI’s new advisory board,” said Ryan Brown CEO of GCI. “We are enlisting these experts to assist PPP in developing prescription drugs for patients suffering from uncontrolled pain.”

The President of the Advisory Board is Dr. Luc Vachon, Ph.D. Dr. Vachon has more than 25 years of experience in drug development. He has worked in two multinational pharmaceutical organizations, a CRO, and two “biotech” companies. He has held various positions, including Global Product Team Leader, Executive V.-P. of R&D, CEO and president, and has also been teaching in the academia. He is presently active as independent consultant in drug development.

Dr. André Bélanger, MD is a member of the pain clinic at the Hôtel-Dieu de Lévis and at Clinique Médicale Valcartier. He is a recognized medical expert in pain management and provides continuing education on pain management for multiple provincial and national programs.

Dr. Gordon D. Ko MD, CCFP(EM), FCFP, FRCPC www.DrKoPRP.com is a specialist in Physical Medicine and Rehabilitation (Physiatry) with subspecialty in Pain Medicine. He is a former Senior University Associate Professor and current Medical Director, Interventional Physiatry clinics and Adjunct Lecturer at Sunnybrook Health Sciences Centre, University of Toronto and the Canadian Centre for Integrative Medicine (Markham). His expertise with Platelet-rich Plasma (PRP) for Back Pain and Botox injections for Osteoarthritis made headline CTV national news. With over 25 years’ experience in treating Fibromyalgia(FMS) and chronic neuropathic pain (including Cannabinoids, Functional Medicine), he was selected on the Canadian Pain Society committee that developed new guidelines (2012) for FMS management. More recently, he was lead author for a peer-reviewed review paper (J Pain Research 2016) on Medical Cannabis: a Canadian Perspective.

Dr. Pierre Arsenault, Ph.D., M.D., CPI is a family medicine practitioner and pain management expert and is an associate professor of family medicine at Université de Sherbrooke. He has a vast experience in clinical research and is a Clinical Physician Investigator (CPI) at DIEX Research.

The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.

Forward-looking statements

Some statements in this release may contain forward-looking information. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential acquisitions and financings) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company’s ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, the inability of the Company, through its wholly-owned subsidiary, GrowPros MMP Inc., to obtain a license for the production of medical marijuana; failure to obtain sufficient financing to execute the Company’s business plan; competition; regulation and anticipated and unanticipated costs and delays, and other risks disclosed in the Company’s public disclosure record on file with the relevant securities regulatory authorities. Although the Company has attempted to identify important factors that could cause actual results or events to differ materially from those described in forward-looking statements, there may be other factors that cause results or events not to be as anticipated, estimated or intended. Readers should not place undue reliance on forward-looking statements. The forward-looking statements included in this news release are made as of the date of this news release and the Company does not undertake an obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities legislation.

Contact Information

GrowPros Cannabis Ventures Inc.
Ryan Brown
Chief Executive Officer
(613) 421-8402

GrowPros Cannabis Ventures Inc.
André Audet
Executive Chairman
(613) 421-8402

GrowPros Cannabis Ventures Inc.
Dr. Guy Chamberland
Chief Scientific Officer and Regulatory Affairs
(514) 220-9225

KWG Tables Study of East-West Road to Ring of Fire Networking Eabametoong, Neskantaga, Webequie and Marten Falls With Nibinamik, Kingfisher, and Wunnumin Lake Connections Also Feasible $KWG.ca

Posted by AGORACOM-JC at 7:46 AM on Friday, August 26th, 2016

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  • All-weather road study that was previously prepared for it by Green Forest Management Inc.
  • Report estimated that an all-weather gravel road starting in the west at the Northern Ontario Resource Trail Road northeast of Pickle Lake, projecting eastward to the Ring of Fire area over a distance of approximately 305 kilometres, would cost between $83.6 million to $99.9 million.
  • Trunk roads from it to connect the First Nations communities of Eabametoong, Neskantaga, Webequie and Marten Falls would cost between $36.1 million and $73.1 million depending on the route alignments selected.

TORONTO, ONTARIO–(Aug. 26, 2016) - KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) (“KWG”) has posted on its website an all-weather road study that was previously prepared for it by Green Forest Management Inc. The report estimated that an all-weather gravel road starting in the west at the Northern Ontario Resource Trail Road northeast of Pickle Lake, projecting eastward to the Ring of Fire area over a distance of approximately 305 kilometres, would cost between $83.6 million to $99.9 million. Trunk roads from it to connect the First Nations communities of Eabametoong, Neskantaga, Webequie and Marten Falls would cost between $36.1 million and $73.1 million depending on the route alignments selected. The study notes that additional trunk roads to connect Nibinamik, Kingfisher, and Wunnumin Lake are also feasible but required further research for construction budgeting purposes.

“We had this report prepared in 2013 to scope out the most rational options available to supply our railroad construction and address local aspirations,” said KWG President Frank Smeenk. “While we shared it extensively on a confidential basis, it’s very practical approach has not yet found traction, so we thought it timely to make the study public now as we prepare to discuss railroad construction financing options. The road network considered here is a desirable, if not indeed an absolutely necessary first step to opening this area development cornucopia and starting to create quite a few ongoing local jobs throughout the entire region.” The report also noted:

Socio-Economic Benefits:

The potential socio-economic benefits and opportunities resulting from the construction of a west-to-east year round access road are potentially quite significant. Currently, year round access to northern First Nation communities is restricted to air service, which is an expensive transportation alternative for freight and community members. Access by air is supplemented in the winter months by a network of snow and ice roads, which appears to becoming increasingly unreliable as a consequence of warmer winter temperatures; requires extensive planning and coordination of goods transportation; and significant capital in the preparation and operation of the winter road – an investment which literally melts away annually.

The socio-economic benefits and opportunities range from short to long term for First Nations communities in the project area. Specifically short term and direct benefits that can be expected include:

  • Heavy equipment and road construction training and skill development
  • Employment on road construction and maintenance
  • Employment in road construction support sectors, such as equipment parts and service, fuel supply, food and housing and equipment service centres
  • Need for a road network management company, to provide road maintenance and monitoring services

Most short term benefits are the foundation for transferable and lasting benefits to northern First Nation communities. The following longer term socio-economic benefits potentially could be expected from all-weather road access to communities, including:

  • Increased opportunities for local and regional-based employment, particularly associated with mining development at the Ring of Fire through an established road network
  • Transfer of road construction and equipment use skills to mining and other resource management and equipment operation sectors (construction, energy, forestry)
  • Expansion and improvement in health care delivery, including dental, home and long-term care services
  • Increased travel options for health care purposes
  • Improvement and expansion in delivery of government and social services
  • Improved response time for police services
  • Lower cost of living through ground-based delivery of goods and services
  • Lower cost of personal travel
  • Increased ability to access basic services (e.g. food, vehicle repair, clothing) and professional services (e.g. financial, legal, commercial)
  • improvement in the delivery of educational services on First Nation communities (e.g. establish secondary schools thus eliminating need for placement of students out of community)
  • Reduction in airport maintenance costs
  • Development of new remote, resource-based tourism ventures

Other Potential Opportunities:

With the establishment of an all-weather road access in the project area, the potential for future economic development beyond the mining sector is significant. Development opportunities have been scoped under other initiatives elsewhere in Ontario, within First Nation communities taking the lead. These development opportunities, which would foster greater economic independence for First Nation communities, include:

  • Land use management and development, such as the creation of forest management units for the management and use of wood supply
  • Establishment of harvesting operations to supply small scale sawmills to furnish lumber for local housing construction and to the mine developments
  • Construct cogeneration plants with wood biofuel for energy production at the communities, reducing dependence on fossil fuels, and potentially supplying cogeneration facilities at the mines
  • Remote based tourism expansion in the north
  • Growth of industrial, mechanical, transportation, commercial, financial, legal and health services sector

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 CCC which has staked claims and conducted a 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 intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. KWG subsidiary Muketi Metallurgical LP is prosecuting two chromite-refining patent applications in Canada, China, India, Indonesia, Japan, Kazakhstan, South Africa, South Korea, Turkey, and USA. The filings have been receipted in each of those jurisdictions.

Shares issued and outstanding: 961,320,281

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

VGambling Inc. Partners With Income Access $GMBL.us

Posted by AGORACOM-JC at 12:11 PM on Thursday, August 25th, 2016

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  • Announced an agreement with Income Access, a technology and digital marketing company serving the global iGaming industry
  • VGambling will integrate Income Access’ award-winning affiliate management platform and Ad Serving tool to manage the operator’s forthcoming affiliate programme

ST. MARY’S, ANTIGUA–(Aug 25, 2016) – VGambling Inc. (OTCQB: GMBL) (or the “Company”), a licensed next generation online gambling company offering eSports betting, has announced an agreement with Income Access, a technology and digital marketing company serving the global iGaming industry. Under the agreement, VGambling will integrate Income Access’ award-winning affiliate management platform and Ad Serving tool to manage the operator’s forthcoming affiliate programme.

Scheduled to officially launch in Q4 2016, the VGambling brand will allow players to wager online on a wide range of international eSports, or competitive video gaming, tournaments broadcast on Twitch.tv, YouTube, HitBox.tv, Azubu.tv and other online platforms. These professional and amateur eSports tournaments involve leading video games such as Dota 2, League of Legends, Counter-Strike: Global Offensive, World of Tanks, and Candy Crush Saga among many others.

As part of the company’s player acquisition strategy, VGambling will also launch an affiliate programme in Q4 2016. The programme will be powered by Income Access’ affiliate management software, which has won eGaming Review’s B2B Award for ‘Affiliate Software’ for the last four years in a row. The integration includes Income Access’ Ad Serving tool, which will allow VGambling to target their ad campaigns according to players’ geo-location, device, language and a range of other criteria.

“We are excited to be working with Income Access, whose affiliate management software’s reputation is unparalleled in the iGaming industry, and for VGambling to become a licensed partner of the company,” said Grant Johnson, CEO of VGambling. “We are confident that affiliates will be as excited as we are when they discover that we’ll be using the Income Access platform to manage our affiliate programme.”

The integration of the VGambling affiliate programme with the Income Access software is scheduled to be completed within the next eight weeks. Once the integration is complete, the affiliate programme will launch simultaneously.

“eSports betting is a rapidly growing iGaming vertical with huge financial potential, so we’re delighted to partner with VGambling, a pioneering brand in this space,” said Nicky Senyard, founder and CEO of Income Access. “We look forward to developing a long-term relationship with VGambling and supporting the brand’s player acquisition via the affiliate marketing channel.”

About Income Access

Headquartered in Montreal, Canada, and with offices in Vancouver, the UK and Australia, Income Access is a technology and digital marketing agency servicing the global gaming market, including traditional iGaming, social gaming, land-based casinos and online trading (Forex, Binary Options). Through award-winning software and a partnership-centric approach, Income Access delivers comprehensive data and strategic insight on performance marketing campaigns across all acquisition channels. As part of continual software and service innovation, Income Access supplies proprietary Ad Serving technology, mobile tracking and a digital marketing service portfolio including SEO, paid search, social media, web design and content marketing. Income Access is a leading provider of affiliate marketing services, leveraging its affiliate network comprising over 25,000 affiliates across all gaming verticals.

Income Access partners include: Betfred, Gala Interactive, Coral, Sportingbet, Sky Betting & Gaming, PMU, Jackpotjoy, Stan James, Bet Victor, Twin Spires, PKR and Pinnacle. Recent expansion into the US market has seen the addition of New Jersey’s Betfair Casino and The Borgata Hotel Casino and Spa.

Contact Information
Income Access Press Room
+1-514-849-8595
Website: www.incomeaccess.com
Email: inquire@incomeaccess.com

For more information on VGambling’s software partnership with Income Access, please contact VGambling.

About VGambling Inc.

VGambling Inc. is a next generation online gambling company. VGambling intends to offer users from around the world, excluding the United States, the ability to play and wager on multi-player video games and e-Sports events for real money in our licensed and secure environment. VGambling has entered into a Betting Gaming Platform Software Agreement with Swiss Interactive Software GmbH to provide wagering platform software and the Company has an agreement with CAMS, LLC to provide global electronic payment and risk management solutions. VGambling is led by a team of industry and technical experts from the online gambling and video game industries, e-Sports, marketing, legal and financial professionals. The Company maintains offices in St. Mary’s, Antigua and Barbuda. VGambling is currently developing several play money websites and the real money wagering website www.vgambling.bet. VGambling’s common stock is listed on the OTCQB under the symbol GMBL. For more information, please see www.vgambling.net

Contact Information
Grant Johnson
Chief Executive Officer
Tel. +1-905-580-2978
Email: grant@vgambling.net
Website: http://www.vgambling.net

GrowPros Announces Details of Upcoming Annual Shareholder Meeting $GCI.ca

Posted by AGORACOM-JC at 9:17 AM on Thursday, August 25th, 2016

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  • Company will still operate multiple subsidiaries with distinct focuses on Cannabis production (Grow Pros MMP) Consumer product drug development (Phyto Pain Pharma) and natural health product development (Agro-Tek)
  • Company currently has three projects, being its clinical trials, construction of its medical marijuana facility, and development of its natural health products

OTTAWA, ONTARIO–(Aug. 24, 2016) - GrowPros Cannabis Ventures Inc. (“GrowPros” or “the Company”) (CSE:GCI) announces that, at its Annual and Special Meeting of Shareholders, which will be held on September 19th, 2016,

Name Change

In line with its diversification into pharmaceutical development the Company will be requesting approval from its shareholders to change its name to reflect a more accurate depiction of its vision moving forward.

The Company will still operate multiple subsidiaries with distinct focuses on Cannabis production (Grow Pros MMP) Consumer product drug development (Phyto Pain Pharma) and natural health product development (Agro-Tek).

Preparation for the upcoming year

The board and management of GrowPros anticipates an increase in capital requirements as we execute on major milestones not limited to but including construction of our proposed cannabis production facility, beginning stage 1 of clinical trials of PP001 as well as the acquisition of revenue generating assets in the natural health product distribution sector.

The Company currently has three projects, being its clinical trials, construction of its medical marijuana facility, and development of its natural health products, which all require significant funding for further advancement. With this in mind we will be seeking shareholder approval to consolidate its issued and outstanding common shares on the basis of one (1) post-consolidation common share for every three (3) pre-consolidation common shares. This is a proactive measure that would allow us to implement the consolidation congruently with funding of the Company’s three major projects or other potential transactions and acquisitions management identifies moving forward.

The shareholders will be voting on the appointment of three (3) new directors: Mr. André Rancourt, Mr. Robert Brouillette, and Mr. Benoit Chotard who will be replacing Ms. Valerie Lasher, Mr. Koby Smutylo, and Mr. Ryan Brown.

André Rancourt is highly experienced in management, start-up, and commercial strategies for human products. He is also a consultant on several commercial strategy committees including FIA and IRZC. He has tremendous practical experience that provided him with expertise in many fields ranging from metals to the complex area of human and animal natural health products. Over the last ten years, he worked as a consultant to re-organize the operations of companies on behalf of several venture capital investment funds. He has an important network of contacts in the human and animal commercial market in multiple countries. He studied at the Séminaire Sherbrooke from 1969 to1971 and subsequently the University of Sherbrooke (Physical Education). He also successfully completed training in Marketing WarFare. He is often asked by investors to act as a consultant/guide to Presidents of companies.

Robert Brouillette is a lawyer, civil engineer, patent and trade-mark agent. He obtained his engineering degree at the Université de Sherbrooke and his law degree at the Université Laval. He was admitted to the Ordre des ingénieurs du Québec in 1972 and to the Quebec Bar in 1977. He was then appointed trade-mark agent in 1978 and patent agent in 1980. He started his career at Ogilvy Renault in 1977. In 1992, he founded Brouillette Charpentier Fournier (now BCF). In 2005, he founded Brouillette + Partners, a lawyers, patent and trademark agents firm aiming to help builders of innovative companies. Most of his clients are entrepreneurs and a large number of them operate technology companies. He is now recognized in Canada as an expert in the direct selling field. He is also recognized by The Best Lawyers in Canada as an expert in the Information Technology field, and by an expert in the Intellectual Property field. Mr. Brouillette is a former Chairman of the executive committee of the intellectual property national section of the Canadian Bar Association. He was a member of the Board of Directors of Hydro-Québec between 1998 and 2001, Hydro-Québec Capitech and Hydro-Québec Industech between 2001 and 2007. He also serves on the Board of Directors and is an advisor at Simsmart Technologies Inc., Newtrax Technologies, Kinova, Novidev Santé, Intelia, Crowdco and other technology related companies. He is currently chairman of the Board of Directors of Anges Québec and member of the Board of Directors of Capital Anges Québec. He also served as an «angel investor» in over twenty start-ups. His professional path has not only made him an experienced lawyer, but also an entrepreneurship driven and accessible man.

Benoit Chotard has over 20 years of experience in international corporate finance, management, and public market in British Columbia and Québec. Since December 2013, Mr. Chotard is Managing Partner at Capital Force United, a corporate finance advisory corporation that delivers focused advice and transaction expertise, He also was a Partner at Capital Force from January 2011 to November 2013. Since December 2013, Mr. Chotard has also acted as President & CEO, and Director of Orletto Capital Inc., a company listed on the TSX-V. Since 1989, Mr. Chotard is a member of “Ordre des ingénieurs du Québec”. Since January 2011, Mr. Chotard is a financial advisor for public and private corporations. Between October 2009 and December 2010, he was Vice-president Corporate Development for Pakit Inc. a corporation specialized in sustainable cellulose fiber moulding technology to the packaging industry. Between July 2008 and January 2009, he acted as Senior Vice-president Finance Corporate Development and acting as Chief Financial Officer for CANTRONIC Systems (Canada) Inc., a corporation specialized in infrared thermal imaging and thermal imaging and night vision systems. Also, he was Director of Nouveau Monde Mining Enterprises Inc., a mining exploration corporation, from April 2012 to November 2012. During his career, Mr. Chotard spent eight years as Head of the Technology Investment Group of National Bank Financial Inc. Throughout his career he has been a significant contributor in the form of time, knowledge, and capital to many philanthropic organizations including the United Way of Canada. He obtained a bachelor’s degree in Chemical Engineering in 1989 and a Master in Business Administration degree in 1993, both from the University of Sherbrooke.

The Company wishes to thank Ms. Lasher, Mr. Smutylo, and Mr. Brown for their contribution through the years as directors and wishes them well in all their future endeavors.

In Other News

Mr. André Rancourt will be replacing Mr. Ryan Brown as Interim Chief Executive Officer. Mr. Brown will remain President of the Company and sole officer and director of Grow Pros MMP. The subsidiary tasked with obtaining a license to produce cannabis under the MMPR.

Mr. Brown will be focused on adequately capitalising this subsidiary in a manor non dilutive to GCI and will present options to the board at a subsequent board of directors meeting.

Management has allowed the agreement with the acquisition of the assets of Laboratoires Holizen Inc. (“Holizen”) for $450,000, as announced on June 22, 2016, to expire, in order to utilize those resources to pursue opportunities in the United States.

The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.

Forward-looking statements

Some statements in this release may contain forward-looking information. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential acquisitions and financings) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company’s ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, the inability of the Company, through its wholly-owned subsidiary, GrowPros MMP Inc., to obtain a licence for the production of medical marijuana; failure to obtain sufficient financing to execute the Company’s business plan; competition; regulation and anticipated and unanticipated costs and delays, and other risks disclosed in the Company’s public disclosure record on file with the relevant securities regulatory authorities. Although the Company has attempted to identify important factors that could cause actual results or events to differ materially from those described in forward-looking statements, there may be other factors that cause results or events not to be as anticipated, estimated or intended. Readers should not place undue reliance on forward-looking statements. The forward-looking statements included in this news release are made as of the date of this news release and the Company does not undertake an obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities legislation.

Contact Information

  • GrowPros Cannabis Ventures Inc.
    Ryan Brown
    Chief Executive Officer
    (613) 421-8402

Nevada Energy Metals Pays Full Annual BLM Fees For Seven Nevada Lithium Projects $BFF.ca

Posted by AGORACOM-JC at 8:34 AM on Thursday, August 25th, 2016

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August 25, 2016 / Vancouver, British Columbia – Nevada Energy Metals Inc. “the Company”

(TSX-V: BFF) (OTCQB: SSMLF) (Frankfurt: A2AFBV) is pleased to announce that it has paid in full all annual Bureau of Land Management (BLM) maintenance fees for the Company’s seven Lithium projects located in Nevada. The annual maintenance fees, totaling USD $ 212,350 (CAD $274,550), are now paid to Sept 1st 2017.

Nevada Energy Metals’ Seven Nevada Lithium Projects Are Fully Paid Up.:

  • -Dixie Valley Lithium Project – 907 Claims, no royalties, (348 claims optioned to Wildcat Exploration Ltd. (TSX-V:WEL))-BSV Lithium Project – 160 claims (100% owned, no royalties, in Big Smokey Valley)

    -Black Rock Desert Lithium Project- 128 claims (100% owned, no royalties)

    -Clayton Valley Lithium Project – 77 claims, no royalties, (70% optioned-out to American Lithium Corp (TSX-V: Li))

    -Teels Marsh West Lithium Project – 100 claims (100% owned, no royalties)

    -San Emidio Desert Lithium Project – 155 claims (100% owned, no royalties)

    -Alkali Lake Lithium Project – 191 claims in a 60-40 earn in agreement with Dajin Resources Corp (TSX-V:DJI), no royalties.

Rick Wilson, Chief Executive Officer of Nevada Energy Metals, commented: “We are pleased to report that our Project Generator Model has grossed over USD $300,000, as well as a portfolio of marketable securities. These earnings have helped to offset the annual BLM Maintenance Fees as well as a portion of the Company’s general operating costs.”

About Nevada Energy Metals: http://nevadaenergymetals.com/

Nevada Energy Metals Inc. is a well funded, Canadian based, exploration company who’s primary listing is on the TSX Venture Exchange. The Company’s main exploration focus is directed at lithium brine targets located in the mining friendly state of Nevada. The Company has ownership of 77 claims in Clayton Valley, only 250m from Rockwood Lithium, the only brine based lithium producer in North America (70% optioned-out to American Lithium Corp (TSX-V: Li). Nevada Energy Metals has also acquired: 100 claims (Teels Marsh West) covering 2000 acres (809 hectares) at Teels Marsh, Mineral County, Nevada, a prospective lithium exploration project, 100% owned without any royalties; the San Emidio Desert lithium project, consisting of 155 claims (approximately 3,100 acres/1255 hectares) in Washoe County, Nevada; the Alkali Lake Project in Esmeralda county, is a 60% earn in option agreement from Dajin Resources Corp (TSX-V: DJI), where near surface lithium values have been confirmed; the Dixie Valley Project consisting of 907 claims covering 73.6 square kilometers/28.4 square miles (7,363 hectares/18,194 acres) of salt marsh playa. The BSV Lithium Project consists of 160 placer claims, 3,200 acres/1,295 hectares, located in northern Big Smokey Valley. The Black Rock Desert Project consists of 128 placer claims (2,560 acres/ 1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada.

On Behalf of the Board of Directors:

Rick Wilson, President & CEO

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 contents of this release.

Marijuana Company of America Launches HempSmart Brand and Begins Manufacturing Its First Proprietary CBD Brain Health Product $MCOA.us

Posted by AGORACOM-JC at 7:12 AM on Thursday, August 25th, 2016
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  • First HempSmart branded CBD based product called “HempSmart BRAIN,” has entered manufacturing process;
  • Formulated to promote brain health;
  • Combines nootropic benefits with the additional benefits offered by CBD;
  • Shipments expected by September 30, 2016

BONSALL, CA–(Aug 25, 2016) – MARIJUANA COMPANY OF AMERICA (“MCOA” or the “Company”) (OTC PINK: MCOA)

MARIJUANA COMPANY OF AMERICA (“MCOA” or the “Company”) (OTC PINK: MCOA), an innovative cannabis and hemp marketing and distribution company, and its subsidiary (H Smart, Inc.) are pleased to announce the launch of the HempSmart brand and line of products. The first HempSmart branded CBD based product called “HempSmart BRAIN,” formulated to promote brain health, has entered the manufacturing process and is expected to ship by September 30, 2016.

This is a “first-of-a-kind, patent pending” new product that combines nootropic benefits with the additional cognitive enhancing benefits offered by CBD. Our team has developed a unique proprietary product with a water-soluble CBD base to enhance bioavailability that includes supporting ingredients that are proven cognitive enhancers.

With the expected release of the HempSmart BRAIN product next month, our marketing team is gearing up for an upcoming pre-launch. This pre-launch will enable management to access demand prior to the actual ship date and adjust the manufacturing pipeline accordingly.

“Over the years, I have successfully launched several new products into the marketplace. I feel this product line will absolutely surpass any product rollout I have done before. With the team we have in place, I am confident in a strong U.S. rollout, followed up by a global outreach,” said Mr. Steinberg, MCOA President.

The Company will initiate the pre-launch program approximately two weeks prior to the expected ship date of HempSmart’s BRAIN product. The HempSmart Division will utilize the growing Direct Sales industry as the method of product education and sales to consumers. Active participants in the direct sales program at HempSmart will be able to participate in a competitive, transparent and potentially lucrative compensation package in which members are rewarded for their sales and team’s performance.

“After more than 30 years in the Health and Wellness Industry, I can attest that these ultra-pure, all natural products will forever change the paradigm of nutritional supplementation. Backed by solid science, HempSmart technology harnesses the powerful synergy of premium bioavailable ingredients. Pairing the compelling benefits of legal organic hemp with other scientifically validated organic & highly bioavailable botanicals raises the bar in the nutritional supplement world,” said Paula Vetter, a seasoned and highly respected Certified Herbalist that serves as Chair of MCOA’s Medical Advisory Board.

Regarding the new product launch, Justin Davis, M.D., a member of the Company’s Medical Advisory Board stated, “As a physician and an athlete, I believe strongly in the optimization of mind and body. The HempSmart BRAIN product has the some of the most potent and beneficial ingredients to be found in a single formulation, and is my personal choice in my quest to protect and promote my own neural function.”

On behalf of the Board of Directors,

“Donald Steinberg”
Donald Steinberg
President & CEO
888-777-4362
www.MarijuanaCompanyofAmerica.com

About Marijuana Company of America, Inc.

Marijuana Company of America (“MCOA”) is a publicly traded company headquartered in Southern California. MCOA will distribute marijuana and products related to marijuana as well as CBD and hemp, using a variety of marketing approaches to distribute on a global basis.

About HempSmart

The HempSmart brand represents MCOA’s non-THC, hemp derived, product line. All HempSmart products are formulated with a cannabinoid base that is derived from hemp and has less than a .3% THC content.

About Club Harmoneous

Club Harmoneous (The Club) delivers all of the benefits of cannabis to its members harmoneously. The Club provides a wide range of cannabis products to its members, medicinal, adult use or healthy foods, body care and cosmetics. The Club products are top quality and offered to members at competitive prices with the convenience of home delivery.

Through MCOA’s Managed Services, the Company offers Marketing Services designed to increase membership. This is done through an affiliate referral program where members refer new member patients and earn discounts and income from their referrals. The Club Harmoneous Network Affiliate Program breaks down all of the barriers to entry and opens up the industry to individuals who might not find opportunity elsewhere. The Club provides training and a platform for those seeking an opportunity to build their own home based cannabis business. For more information go to: www.Harmoneous.com.

FORWARD-LOOKING DISCLAIMER

This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Marijuana Company of America, Inc. to be materially different from the statements made herein.

LEGAL DISCLOSURE

Marijuana Company of America, Inc. will provide management services that assist legal businesses to cultivate, sell, and distribute hemp and marijuana based products within the legal guidelines of individual states and international markets.

For more information, please visit the company’s website at:

www.MarijuanaCompanyofAmerica.com
www.Harmoneous.com

Donald Steinberg
President & CEO
888-777-4362
www.MarijuanaCompanyofAmerica.com

Phase 1 of Omagine project gets shareholders’ nod $OMAG.us

Posted by AGORACOM-JC at 8:41 AM on Wednesday, August 24th, 2016

Omag

The following news pieces were published in the Muscat Daily and the Oman Observer:

Phase 1 of Omagine project gets shareholders’ nod
Phase 1 of Omagine project gets shareholders’ nod

  • Agreed to move ahead with Phase 1 of the eagerly anticipated development with an investment of around $220 million
  • Phase 1 strategy was firmed up during a series of shareholder meetings held over the course of the past two months.
  • Phase 1 envisages the construction of one hotel, 250 residences and the first of seven so-called ‘Pearl’ structures – 20-metre-diameter buildings located along an open boardwalk that will provide an iconic appeal to the overall Omagine project

By Conrad Prabhu — MUSCAT: August 23: The shareholders of Omagine LLC, which is developing a mixed-use tourism and residential real estate scheme just off Muscat International Airport on the Sea of Oman coast, have agreed to move ahead with Phase 1 of the eagerly anticipated development with an investment of around $220 million. The developer’s US-based holding company, Omagine Inc, said in a quarterly filing to the Securities and Exchange Commission (SEC) that the Phase 1 strategy was firmed up during a series of shareholder meetings held over the course of the past two months.

Phase 1 envisages the construction of one hotel, 250 residences and the first of seven so-called ‘Pearl’ structures – 20-metre-diameter buildings located along an open boardwalk that will provide an iconic appeal to the overall Omagine project. At the same time, the shareholders agreed to appoint a local Omani bank as the company’s financial adviser and lender. The bank in question, which has not been identified, has agreed in principle to be the developer’s financial adviser and to provide the debt financing required for Omagine to design, develop and construct Phase One valued at approximately $220 million.

Additionally, Omagine agreed to take steps to formalise an agreement with Lebanon-based multinational construction firm Consolidated Contractors Company (CCC) as the general contractor for the Omagine project. CCC-Oman and CCC-Panama, wholly owned subsidiaries of Consolidated Contractors International Company (CCIC), have a combined 15 per cent stake in the Omagine project.

The revelations mark an important effort to get construction work started in earnest on the ambitious development. The lavish scheme is due to come up a roughly 1 million sq metre beachfront location, whose area will been augmented by a further 100,000 sq metres thanks to the addition of reclaimed land.

Conceived as an elegant integration of cultural, scientific, heritage, entertainment and residential components, the Omagine project will be distinguished by the presence of seven pearl shaped buildings located along the waterfront. These ‘Pearls’ will serve as backdrops for entertainment and exhibitions.
Other notable features of the ambitious development include an amphitheatre and stage, enclosed harbour and marina, boat slips and docking facilities, canal, three hotels of 5-, 4- and 4-star rating, shopping and retail establishments, and commercial office buildings.

More than 2,000 residences will be constructed and offered for sale in the context of the project’s designation as an Integrated Tourism Complex (ITC).

Initial phases of the Omagine project are planned to be completed by late 2021, according to the filing. New York headquartered Omagine Inc has a 60-per cent shareholding in Omagine LLC, which is also owned by Royal Court Affairs of Oman (25 per cent), and two subsidiaries of Consolidated Contractors International Company SAL (15 per cent).

Source: http://omanobserver.om/phase-1-omagine-project-gets-shareholders-nod/

—————————————————–

August 24, 2016

OMANI BANK LIKELY TO BE FINANCIAL ADVISOR, LENDER FOR PHASE ONE OF OMAGINE PROJECT

An artist’s rendering of the Omagine project (Source: omagine.com)

By Gulam Ali Khan
August 23, 2016
Muscat -

Omagine LLC, which plans to develop a US$2.5bn beachfront tourism and real-estate project in Muscat, is likely to hire an Omani bank as its financial advisor, that would also provide debt financing for phase one of the project.

“During the period between July 19 to August 18 Omagine LLC shareholders met several times both separately and together with the senior management of the Omani bank and as of the date hereof, the Omani bank has agreed in principle to be Omagine LLC’s financial advisor and to provide the debt financing required for the Omagine project to design, develop and construct phase one valued at approximately US$220mn,” US-based Omagine Inc – the majority shareholder in Omagine LLC – said in its quarterly report filed with the US Securities and Exchange Commission on Tuesday.

The company, however, did not disclose the name of the bank.

Omagine Inc said Omagine LLC’s shareholders held two meetings on July 19 and August 18 and reviewed and discussed the present status of the project to take it forward. The meetings recommended that the company hire a local Omani bank as its financial advisor and lender.

The foregoing arrangement with the Omani bank is subject to its final due diligence and the execution of an agreement with Omagine LLC, the company said. But the Omani bank, Omagine Inc said, has indicated to the shareholders that, barring any unknown impediment (of which neither management nor the Omani bank are aware), it will deliver a robust term sheet specifying the debt financing and advisory services to Omagine LLC on or before September 4, 2016.

Plans for phase one of the Omagine project – which is presently budgeted at approximately US$220mn – comprise the design and development of one hotel, 250 residences, and one pearl building and associated enabling works and infrastructure within the site, Omagine Inc said.

It said debt financing for phase one is expected to be supplied by the Omani bank and not be syndicated. The Omani bank may, depending upon future circumstances, be Omagine LLC’s financial advisor for follow-on phases or for the entire project, the company said. “As such the financial advisor will arrange the syndicated bank financing for the numbered sections to be constructed subsequent to phase one.”

Omagine Inc further said that it is presently expected that a definitive agreement between Omagine LLC and the Omani bank with respect to phase one will be executed with the next three weeks, but added, “No assurance, however, can be given that any such agreement will be signed until it is actually signed by the parties.”

Notwithstanding the foregoing likely solution, Omagine Inc added the management of Omagine LLC is continuing discussions with other interested investors and contractors in China, Europe and the US.

Read more: http://www.muscatdaily.com/Archive/Business/Omani-bank-likely-to-be-financial-advisor-lender-for-phase-one-of-Omagine-project-4sl7#ixzz4IFfuBsMf

KWG and China Railway FSDI Ink Strategic Cooperation Agreement – FSDI to Complete Conditional Bankable Feasibility Study $KWG.ca

Posted by AGORACOM-JC at 1:05 PM on Monday, August 22nd, 2016

Kwglarge

  • Entered a Framework Strategic Cooperation Agreement with China Railway First Survey & Design Institute Group Co., Ltd.
  • parties have also executed a Conditional Bankable Feasibility Study Consultation Service Agreement
  • Agreed on the deliverables and timetable for FSDI to complete a Conditional Bankable Feasibility Study on a railroad from the mineral properties in Ontario’s Ring of Fire to a junction with the CN Railroad at Exton, Ontario

TORONTO, ONTARIO–(Aug. 22, 2016) - KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) (“KWG“) announces that it has entered a Framework Strategic Cooperation Agreement with China Railway First Survey & Design Institute Group Co., Ltd. (“FSDI”). Pursuant to the Strategic Cooperation Agreement, the parties have also executed a Conditional Bankable Feasibility Study Consultation Service Agreement (“BFSCS”). Under terms of the BFSCS the parties have agreed on the deliverables and timetable for FSDI to complete a Conditional Bankable Feasibility Study on a railroad from the mineral properties in Ontario’s Ring of Fire to a junction with the CN Railroad at Exton, Ontario.

The Study will include:

  • Traffic volume estimates
  • Corridor Alignment identification
  • Transportation/Operating plan
  • Geological analysis
  • Track design parameters and recommended design
  • Subgrade design parameters and recommended design
  • Bridge and culvert design parameters and recommended design
  • Yard and siding design parameters and recommended design
  • Analytical study of land use evaluation
  • Rolling stock evaluation
  • Water supply and drainage design
  • Telecommunication functional design and specification
  • Signalling system functional design and specification
  • Electrical power supply design and specification
  • Building functional specification and design
  • Construction schedule
  • Detailed CAPEX
  • Financial and economic analysis and financing strategy
  • Environmental Impact assessment and mitigation plan

Plans, Maps, Profiles and Sections to be included also:

  • Recommended Corridors and Preferred Alignment Plan
  • Recommended Corridors and Preferred Alignment Profile
  • Geographical Location Map of Preferred Corridor
  • Locomotive Routing Diagram
  • Geological Map of Project Area
  • Detailed Geological Map
  • Geologic Profile of Preferred Alignment
  • Key Bridge Location Plan
  • Key Bridge Site Plan
  • Comparison Drawing of Bridge Designs
  • Geologic Profile for Key Bridge Sites
  • Junction, Loading and Unloading Yard Layouts
  • Communication Network Map
  • General Layout of Signalling Equipment
  • Sketch of Existing Signalling Equipment at Junction and Rebuilding Plan
  • Power Supply Diagram for entire project
  • Remote Controlled Devices Electrical System Layout
  • Mechanical and Electrical Equipment Monitoring System Layout
  • Linear Construction Schedule Diagram

The BFSCS contemplates that the Conditional Bankable Feasibility Study will be completed by the end of 2016.

Marten Falls and Webequie First Nations Partnership:

As the various studies and plans are completed they will be shared with the Chiefs of the Marten Falls and Webequie First Nations for dissemination within their communities to facilitate consideration of KWG’s proposal to create an equal partnership with them in the integrated mining and transportation operations.

Ring of Fire Area Chromite Resources:

The Conditional Bankable Feasibility Study is not a “feasibility study” as defined by CIM Definition Standards (per NI 43-101 Standards of Disclosure for Mineral Projects) and is not intended to establish the technical and economic feasibility of the chromite projects. The traffic volume and economic studies will take account of the various defined chromite resources documented in the area by all mineral claim owners.

CANARAIL Agency:

KWG has engaged CANARAIL Consultants Inc. to provide the specialized professional services and data that will be required of KWG as the client of FSDI. CANARAIL will provide current materials and services pricing in Canada together with design advice and assistance in complying with local environmental, social and other applicable standards to facilitate and expedite completion of the feasibility study.

Golden Share Agency:

The Agreements were facilitated by Golden Share Mining Corporation (TSX VENTURE:GSH), KWG’s agent in China, which will be issued 500,000 shares of KWG to compensate it for the value of and in lieu of costs incurred since January of this year in the course of the agency.

About FSDI:

Established in 1953, China Railway First Survey & Design Institute Group Co., Ltd. (“FSDI”) holds 26 national Grade-A complex qualification certificates for engineering survey, design, supervision and consultation.

Over the past 60 years since establishment, FSDI has led the design and construction of over 48,000 km of railways represented by western China’s railway network, and undertaken over 5,000 km of high-speed railways which have been in operation or are under construction in China.

FSDI has undertaken rail transit projects in over 30 cities of China, fully covering the whole process or industrial chain of planning, design, consultation, supervision, EPC and general property development of means of transport such as subway, light rail and tramcar. It has also undertaken railway, highway and subway consultation and design projects measuring a total of over 2,000 kilometers in over 40 countries.

FSDI’s complete survey & design technologies have been up to domestic or world advanced standards in fields such as mountain railways, plateau permafrost railways, desert railways, electrified railways, super long tunnels, large railway hubs or marshalling stations, wireless train control, command scheduling systems, and large interchange engineering.

About CANARAIL:

Founded in 1991 and based in Montreal (QC), CANARAIL is a Quebec-based rail consulting and engineering firm that specializes in mining, heavy haul freight, and urban domains. CANARAIL is known for its expertise in feasibility studies, consulting, detailed design, and the supervision of construction of major projects across all components of a railway project: infrastructure, rolling stock, systems, operations, etc. Over the last 25 years, CANARAIL has participated in over 800 projects in Canada, the Middle East, Asia, Africa, North America, Australia, Europe, and Latin America (see: www.canarail.com). Among its accomplishments:

  • Eastern Canada: Feasibility Study for a 330km multi-user mining railway in Northern Quebec (Plan Nord)
  • Western Canada: Refurbishing of the GoldLeaf cars of the Rocky Mountaineer fleet
  • Saudi Arabia: Feasibility study, engineering and supervision of the construction of a new 2400 km rail link: North South Railway
  • Afghanistan: Feasibility study for a new 600 km rail link in the northern part of Afghanistan
  • East Africa: Feasibility study for the improvement of the accessibility of rail services in Rwanda, Burundi and Tanzania
  • Bangladesh: Feasibility study of seven different railway projects to improve the Trans-Asia connectivity

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 CCC which has staked claims and conducted a 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 intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. KWG subsidiary Muketi Metallurgical LP is prosecuting two chromite-refining patent applications in Canada, China, India, Indonesia, Japan, Kazakhstan, South Africa, South Korea, Turkey, and USA. The filings have been receipted in each of those jurisdictions.

Cautionary Note Regarding ForwardLooking Statements: This Press Release contains or refers to “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects”, “is expected”, “budget”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, “occur” or “be achieved”. All information, other than information regarding historical fact that addresses activities, events or developments that KWG believes, expects or anticipates will or may occur in the future is forward-looking information. Forward-looking information contained in this Press Release 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. Should one or more of these risks and uncertainties, such as: the Conditional Bankable Feasibility Study on a railroad from the mineral properties in Ontario’s Ring of Fire to a junction with the CN Railroad at Exton, Ontario not being completed by China Railway First Survey & Design Institute Group Co., Ltd.; the actual results of current exploration programs; risks normally incidental to exploration and development of mineral properties; the uncertainty of mineral resources estimates; uncertainties in the interpretation of drill results; the possibility that future exploration, development or mining results will not be consistent with expectations; the grade and recovery of ore varying from estimates; the general risks associated with the mining industry; adverse changes in commodity prices; currency and interest rate fluctuations; increased competition and general economic and market factors occur, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forwardlooking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forwardlooking statements.

Shares issued and outstanding: 961,320,281

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

KWG Halted, PENDING NEWS $KWG.ca

Posted by AGORACOM-JC at 9:36 AM on Monday, August 22nd, 2016

Kwglarge

TORONTO, Aug. 22, 2016 – The following issues have been halted by IIROC:

Company: KWG Resources Inc.

CSE Symbol: KWG

Reason: Pending News

Halt Time (ET): 9:22 AM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions