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Namaste $N.ca Provides Corporate Update on #Cannmart and Namaste MD #MMJ #Marijuana

Posted by AGORACOM-JC at 8:19 AM on Thursday, November 16th, 2017

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  • Provides an update on progress with its wholly owned subsidiary, Cannmart Inc.
  • Updated Access to Cannabis for Medical Purposes Regulations application has been submitted to Health Canada, the CannMart facility is now under construction
  • Company expects a six to eight-week time-frame for completion, pending any delays

VANCOUVER, British Columbia, Nov. 16, 2017 — Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N)(FRANKFURT:M5BQ)(OTCMKTS:NXTTF) is pleased to provide an update on progress with its wholly owned subsidiary, Cannmart Inc. (“CannMart”). Management is excited to announce that the updated Access to Cannabis for Medical Purposes Regulations (“ACMPR”) application has been submitted to Health Canada, the CannMart facility is now under construction and the Company expects a six to eight-week time-frame for completion, pending any delays. Namaste’s design goals for the CannMart facility will facilitate the seamless distribution of a wide variety of medicinal cannabis products, which have been sourced both domestically and internationally. Namaste believes that once construction is complete, this state of the art facility will serve as the backbone in servicing Namaste’s impressive and growing database of Canadian medical cannabis consumers.

Further to Namaste’s press release dated November 14, 2017, the application for NamasteMD, the Company’s innovative telemedicine smart-phone app, has been submitted to both the Apple Store and Google for approval, and will available on both IOS and Android devices once approval is received. Additionally, Namaste is pleased to announce that it has engaged multiple doctors and nurse practitioners who will be trained to provide consultations on the NamasteMD app and issue medical documents to Namaste’s patients. NamasteMD has been designed to provide a simple process for patients to connect with a doctor or nurse practitioner through a virtual consultation from the comfort of their home or office. NamasteMD incorporates proprietary identity and age verification technology that will provide high confidence verification for all patients.  Patients who complete their consultation and receive a medical document through NamasteMD may then connect to CannMart’s online portal where they can purchase a wide range of medicinal cannabis products. By utilizing Namaste’s innovative technology of machine-learning algorithms and integrating CannMart on the NamasteMD platform, Namaste strongly believes that it will soon become Canada’s leading online retailer for medicinal cannabis.

Management Commentary

Sean Dollinger, President and CEO of Namaste comments: “These are extremely exciting times for Namaste as we move forward and implement many new and innovative initiatives. We are very excited about the progress of both CannMart and NamasteMD and believe the next few months will be transformational for the Company. I would like to thank all shareholders for their continued support and in helping Namaste reach these important milestones.”

About Namaste Technologies Inc.

Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through e-commerce sites in 26 countries and with 5 distribution hubs located around the world. Namaste has majority market share in Europe and Australia, with operations in the UK, US, Canada and Germany and has opened new supply channels into emerging markets including Brazil, Mexico and Chile. Namaste, through its acquisition of Cannmart Inc., a Canadian based late-stage applicant for a medical cannabis distribution license (under the ACMPR Program) is pursuing a new revenue vertical in online retail of medical cannabis in the Canadian market. Namaste intends to leverage its existing database of Canadian medical cannabis consumers, along with its expertise in e-commerce to create an online marketplace for medical cannabis patients, offering a larger variety of product and a better user experience.

On behalf of the Board of Directors
“Sean Dollinger”
Chief Executive Officer
+1 (786) 389 9771
Email: Sean@NamasteTechnologies.com

Further information on the Company and its products can be accessed through the links below:

www.namastetechnologies.com

www.namastevaporizers.com

www.namastevaporizers.co.uk

www.everyonedoesit.com

www.everyonedoesit.co.uk

FORWARD LOOKING INFORMATION This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, Namaste assumes no responsibility to update or revise forward looking information to reflect new events or circumstances unless required by law. 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 press 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 press 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 press release.

INTERVIEW: Namaste $N.ca Discusses Acquisition of Brazil’s LARGEST #Vaporizer Retailer (AT NO COST) $AERO $CBDS $CGRW $APH.ca $GBLX

Posted by AGORACOM-JC at 7:59 AM on Wednesday, November 15th, 2017

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AGORACOM Founder, George Tsiolis, sat down with Namaste CEO, Sean Dollinger, to produce the most powerful Namaste interview yet.  This is a must watch for anyone invested in the Cannabis / Medical Marijuana space.  The Topics include:

  1. The Company’s latest Brazil acquisition. Adding 10,000 customers, $1M Revenues AT NO COST … and projecting to generate $350,000 in Net Income BEFORE growing top line revenues.
  2. NamasteMD, the pending iPhone App (and Android) that seamlessly connects patients, their medical records, doctors and facial recognition technology to access Medical Marijuana.
  3. Becoming the Amazon of the Vapes & Cannabis Industries.
  4. Doubling Growth every year for the next several years.

There is no other way to say it. Namaste Technologies is the e-commerce powerhouse of this industry … and we know what the technology leader can do to non-tech industry encumbents. Think Amazon, Uber, Airbnb and more.

WATCH

Namaste $N.ca Expands Brazilian Market and Acquires Leading Vaporizer Retailer $ATT.ca $ABCN.ca $ACG.ca $ACB

Posted by AGORACOM-JC at 9:30 AM on Tuesday, November 14th, 2017

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  • Acquired the domain and customer database of Brazil’s largest vaporizer retailer, vaptvupt.lojaintegrada.com.br
  • Acquisition of VapeBr is accretive in nature and is expected to add over CAD $1M in additional annual revenue to Namaste’s current revenue stream

VANCOUVER, British Columbia, Nov. 14, 2017 – Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N) (FRANKFURT:M5BQ) (OTCMKTS:NXTTF) is pleased to announce that it has acquired the domain and customer database of Brazil’s largest vaporizer retailer, vaptvupt.lojaintegrada.com.br (“VapeBr”), in consideration of signing an exclusive services agreement for fulfillment (the “Agreement”) for Namaste’s Brazilian operations.  The acquisition of VapeBr is accretive in nature and is expected to add over CAD $1M in additional annual revenue to Namaste’s current revenue stream.

Under the terms of the Agreement, Namaste has acquired the VapeBr domain and will therefore inherit all future associated revenue.

VapeBr management has agreed to provide the following under the Agreement:

  • Inventory management
  • Order processing
  • Local support
  • Warranty/Return Processing

As a result of this transaction, Namaste plans to greatly expand the VapeBr product offering, as it sees very strong growth potential in the Brazilian market. The acquisition of the VapeBr e-commerce platform is not only expected to have an immediate impact on Namaste’s revenue, but it is also expected to add over 10,000 additional customers to Namaste’s growing global database of medical cannabis users. Through the integration of VapeBr onto Namaste’s proven e-commerce platform, Namaste is confident it can substantially grow this already impressive customer base. This Agreement further validates Namaste’s ability to consolidate industry competitors and expand its operations abroad.

Additionally, Namaste is pleased to announce that the NamasteMD smartphone app has been submitted to the Apple Store, is awaiting approval, and is expected to soon be available on both IOS and Android devices. NamasteMD is a revolutionary telemedicine application which has been designed to connect patients with doctors and nurse practitioners, in an attempt to facilitate a seamless process for obtaining medical documents under Canada’s Access to Cannabis for Medical Purposes Regulations (“ACMPR”) program. This state of the art application incorporates facial recognition algorithms, and is the first of its kind to feature exclusive age and identity verification technology. Namaste plans on utilizing this technology on the NamasteMD platform to distribute medicinal cannabis through its wholly owned subsidiary, Cannmart Inc.

Management Commentary

Sean Dollinger, President and CEO of Namaste comments:  “I am extremely proud of our team for building an e-commerce platform that is being actively solicited by our direct competitors to work collaboratively. Based on this agreement, we expect further opportunities to present themselves for Namaste to work with companies looking to divest their businesses, and believe such arrangements are a win-win situation for all parties involved. We are extremely excited that our efforts are not only being noticed but rewarded with arrangements as such. Namaste welcomes these opportunities and anticipates these trends to continue as Namaste steals market share on a global scale. This transaction further confirms the value we have created with regards to the products and services we provide, and our ability to leverage our database moving forward.

As our e-commerce platform evolves, we are confident our decision to implement cutting edge age and identity verification technology ahead of our competition will be instrumental in allowing us to become industry leaders. We believe these innovative initiatives not only demonstrate our commitment to the industry, but also provide an ideal solution to ensure the safe and responsible distribution of recreational cannabis on both a provincial and federal level.”

About Namaste Technologies Inc.
Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through e-commerce sites in 26 countries and with 5 distribution hubs located around the world. Namaste has majority market share in Europe and Australia, with operations in the UK, US, Canada and Germany and has opened new supply channels into emerging markets including Brazil, Mexico and Chile. Namaste, through its acquisition of Cannmart Inc., a Canadian based late-stage applicant for a medical cannabis distribution license (under the ACMPR Program) is pursuing a new revenue vertical in online retail of medical cannabis in the Canadian market. Namaste intends to leverage its existing database of Canadian medical cannabis consumers, along with its expertise in e-commerce to create an online marketplace for medical cannabis patients, offering a larger variety of product and a better user experience.

On behalf of the Board of Directors

“Sean Dollinger”
Chief Executive Officer
+1 (786) 389 9771
Email: Sean@NamasteTechnologies.com

Further information on the Company and its products can be accessed through the links below:
www.namastetechnologies.com
www.namastevaporizers.com
www.namastevaporizers.co.uk
www.everyonedoesit.com
www.everyonedoesit.co.uk

FORWARD LOOKING INFORMATION This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, Namaste assumes no responsibility to update or revise forward looking information to reflect new events or circumstances unless required by law. 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 press 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 press 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 press release.

Namaste $N.ca Announces October 2017 Sales of $1.3M and Provides Corporate Update $ATT.ca $ABCN.ca $ACG.ca $ACB

Posted by AGORACOM-JC at 8:00 AM on Wednesday, November 8th, 2017

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  • October 2017 sales as reported by the Company were C$1,313,653
  • Representing a 1% month-on-month increase and a 174% year-on-year increase in comparison with September 2017 and October 2016, respectively

VANCOUVER, British Columbia, Nov. 08, 2017 — Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N) (FRANKFURT:M5BQ) (OTCMKTS:NXTTF) is pleased to announce October 2017 unaudited sales as reported by the Company (including shipping revenues after discounts and refunds) were C$1,313,653 representing a 1% month-on-month increase and a 174% year-on-year increase in comparison with September 2017 and October 2016, respectively. The Company is also pleased to announce that it has submitted an amendment to its application with Health Canada for its wholly owned subsidiary Cannmart Inc. (“CannMart”) to include the sale of medical cannabis oils.

The table below displays a breakdown of Namaste’s revenue by sales channel.

While Namaste continues to see strong revenue leading in to the holiday season, the Company has also made substantial progress with CannMart, having now submitted an amendment on its application to include a license for the sale of cannabis oils under the Canadian Access to Cannabis for Medical Purposes Regulations (“ACMPR”) program. Construction of the CannMart facility will commence in late November, 2017 and the Company estimates a 6-8 week turnaround time for completion.

Namaste’s Canadian business represents approximately 5.5% of the Company’s total revenue and includes a consumer database of over 11,000 people with an average of 30,000 site visits per month. Namaste plans to leverage its data through CannMart to become Canada’s premiere online retailer for medical cannabis. The Company intends to pursue similar opportunities in other territories in which the Company maintains a large market share of cannabis users. Further to the Company’s joint press release dated November 7, 2017, Namaste has seen positive results in terms of vaporizer sales in a medical cannabis platform. These results further validate the Company’s intention of creating and leveraging a globally diversified database of cannabis users.

Management Commentary
Sean Dollinger, President and CEO of Namaste, comments: “We are very pleased not only to announce strong sales figures for October 2017, but also to provide these important updates on CannMart. The amended application to include the sale of cannabis oils is a crucial part of our plan to become Canada’s leading online retailer for medical cannabis products. As Namaste is already the largest global retailer of vaporizers products and accessories, we truly understand the need for patients to have access to a variety of consumption devices for dried flower as well as oils and we believe that medical patients should be offered a larger variety of product sourced from multiple licensed producers. We are very much looking forward to receiving our distribution license and have high expectations for this as a new revenue vertical for the Company.”

About Namaste Technologies Inc.
Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through e-commerce sites in 26 countries and with 5 distribution hubs located around the world. Namaste has majority market share in Europe and Australia, with operations in the UK, US, Canada and Germany and has opened new supply channels into emerging markets including Brazil, Mexico and Chile. Namaste, through its acquisition of Cannmart Inc., a Canadian based late-stage applicant for a medical cannabis distribution license (under the ACMPR Program) is pursuing a new revenue vertical in online retail of medical cannabis in the Canadian market. Namaste intends to leverage its existing database of Canadian medical cannabis consumers, along with its expertise in e-commerce to create an online marketplace for medical cannabis patients, offering a larger variety of product and a better user experience.

On behalf of the Board of Directors

“Sean Dollinger”
Chief Executive Officer
+1 (786) 389 9771
Email: Sean@NamasteTechnologies.com

Further information on the Company and its products can be accessed through the links below:
www.namastetechnologies.com
www.namastevaporizers.com
www.namastevaporizers.co.uk
www.everyonedoesit.com
www.everyonedoesit.co.uk

FORWARD LOOKING INFORMATION This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, Namaste assumes no responsibility to update or revise forward looking information to reflect new events or circumstances unless required by law. 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 press 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 press 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 press release.

Invested in Aurora Cannabis $ACB.ca ? Check out today’s news. Namaste $N.ca to commence Vape sales through Aurora website #vapes #vaping

Posted by AGORACOM-JC at 12:51 PM on Tuesday, November 7th, 2017

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N:CSE

  • World’s Largest E-Commerce B2C Vaporizer Company
  • September ’17 Sales of C$1.2m Representing a 132% Year-On Increase
  • Revenue for AUG 31 2018 expected $24.9 million
  • Owns 26 e-commerce stores in 20 countries
  • Distribution centers in North America, South America, Europe and Asia Pacific
  • Aggressively expanding into manufacturing and wholesaling
  • Product acquisition agreement announced with Aphria Inc.
  • Announced Start of Vaporizer Sales through Aurora Website

Namaste Announces $N.ca Joint Venture Agreement With Leading #Israeli Vaporizer Retailer #Vapes #Vaping

Posted by AGORACOM-JC at 11:51 AM on Thursday, November 2nd, 2017

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  • Announced signing of a Joint Venture Agreement with one of Israel’s premier online vaporizer retailers, Vaporiza.co.il
  • Agreement will bring Vaporiza.co.il and NamasteVapesIsrael.com together under Namaste management to increase revenue and gain greater exposure in the Israeli market

VANCOUVER, British Columbia, Nov. 02, 2017 – Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N) (FRANKFURT:M5BQ) (OCTMKTS:NXTTF) is pleased to announce signing of a Joint Venture Agreement (the “Agreement”) with one of Israel’s premier online vaporizer retailers, Vaporiza.co.il (“Vaporiza”). The Agreement will bring Vaporiza.co.il and NamasteVapesIsrael.com together under Namaste management to increase revenue and gain greater exposure in the Israeli market. Through the Agreement, Namaste benefits from new customer acquisitions and plans to explore new opportunities for export of medical cannabis products from Israel to Namaste’s wholly owned subsidiary Cannmart Inc. (“CannMart”).

This Agreement represents a strategic decision for Namaste to expand its consumer base in Israel while growing the Company’s database of users. Vaporiza is one of Israel’s leading vaporizer e-commerce sites with a strong management team focused on marketing and business development. Vaporiza will provide value to Namaste through expansion of local channels and will provide services as per the Agreement. General terms of the Agreement are as follows:

  • Namaste will take ownership and management of the Vaporiza.co.il domain
  • Namaste will provide inventory for Vaporiza.co.il and NamasteVapesIsrael.com
  • Namaste will collect revenue from both sites and net profits to be disbursed equally
  • Namaste will provide an integration for Vaporiza.co.il to access Namaste’s inventory management system that will provide Vaporiza with access to a larger offering of products
  • Vaporiza will provide order fulfilment, marketing and warranty processing locally
  • Vaporiza will provide all sales and customer service support locally for both sites

The Israeli market is at the forefront of innovation in the cannabis industry. Namaste expects to see rapid growth in the market and this Agreement being accretive in nature, will bring value to Namaste with new revenue and customer acquisitions, along with a broader exposure to the Israeli market. Namaste will continue to explore opportunities in the Israeli market including supply agreements for medical cannabis, in relation to its wholly owned subsidiary CannMart, and in implementing NamasteMD.com in the Israeli market to focus on acquiring medical patients in Israel.

Management Commentary

Sean Dollinger, President and CEO of Namaste comments: “We are very pleased to be partnering with Vaporiza as it has an established business with a strong reputation locally. We feel that we can bring value to Vaporiza through inventory and logistics support while at the same time gaining in Israeli market share. Israel is a high priority for us. We see a lot of potential in growth through retail sales channels in working with Vaporiza. Its management team is dedicated to our joint growth in revenues and exposure in the Israeli market. We also plan on pursuing further partnerships with Israeli medical cannabis producers that could provide supply for CannMart in Canada.”

About Namaste Technologies Inc.

Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through e-commerce sites in 26 countries and with 5 distribution hubs located around the world. Namaste has majority market share in Europe and Australia, with operations in the UK, US, Canada and Germany and has opened new supply channels into emerging markets including Brazil, Mexico and Chile. Namaste, through its acquisition of Cannmart Inc., a Canadian based late-stage applicant for a medical cannabis distribution license (under the Access to Cannabis for Medical Purposes Regulations) is pursuing a new revenue vertical in online retail of medical cannabis in the Canadian market. Namaste intends to leverage its existing database of Canadian medical cannabis consumers, along with its expertise in e-commerce to create an online marketplace for medical cannabis patients, offering a larger variety of product and a better user experience.

On behalf of the Board of Directors

“Sean Dollinger”
Chief Executive Officer
Direct: +1 (786) 389 9771
Email: info@namastevapes.com

Further information on the Company and its products can be accessed through the links below:
www.namastetechnologies.com
www.namastevaporizers.com
www.namastevaporizers.co.uk
www.everyonedoesit.com
www.everyonedoesit.co.uk

FORWARD LOOKING INFORMATION This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, Namaste assumes no responsibility to update or revise forward looking information to reflect new events or circumstances unless required by law. 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 press 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 press 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 press release.

T3 Becomes 2nd New Footwall #Discovery and Drilling Continues to Intersect #PGM from the Pine Zone at the River Valley Platinum Group Metals Project $NAM.ca #Platinum #Palladium

Posted by AGORACOM-JC at 9:36 AM on Tuesday, October 31st, 2017

New age large

  • Drilling continues to encounter PGM mineralization in the Pine Zone of the River Valley PGM Deposit
  • Borehole PL-17-06 intersects 22m of 1.51.g/t Pd+Pt+Au, including 10m at 2.58 g/t, and 3m of 3.95 g/t.
  • T3 becomes 2nd footwall discovery with T4 to T9 earmarked for future footwall exploration (Figure 2)
  • Updated NI 43-101 to commence upon the announcement of final assays
  • River Valley is the Largest Undeveloped Primary PGM resource in Canada, with 3.9Moz PdEq in Measured Plus Indicated including an additional 1.2Moz PdEq in Inferred.

October 31st, 2017 Vancouver, Canada – New Age Metals Inc. (TSX.V: NAM; OTCQB: PAWEF; FSE: P7J.F) is pleased to announce the second batch of drill hole results from the 2017 drilling campaign. Drilling was focused on the T3 Zone and Pine Zone as a follow up of the 2015 and 2016 drilling at the River Valley PGM Deposit. The drill program is now complete and the company is waiting for the last batch of assays.

Harry Barry, Chairman/CEO states. “The purpose of the 2017 summer/fall exploration program was to focus on the footwall mineralization and recent IP geophysical targets from the Pine Zone to T3 (figure 1). The footwall mineralization is a new model as opposed to the historical contact mineralization model where the bulk of the resource had been identified, giving us further confidence that the project can be developed into an open pit mining operation”.

T3 Target Becomes 2nd Footwall Discovery

To date, 4 holes have been drilled in the T3 area which is approximately 1000m South from the top of the Pine Zone discovery. All 4 holes in the T3 area hit significant mineralization with borehole T3-17-04 (News Release September 20th, 2017) resulted in 28m of 2.45 g/t Pd+Pt+Au at 4m below surface, including 3m of 7.12 g/t. Within the same hole, mineralization was also intersected at 24m below surface with an additional 6m of 4.06 g/t Pd+Pt+Au, and at 37m below surface with another zone of 4m at 3.30 g/t.

Upon completion of this program, further holes will be delineated for additional drilling on the T3 discovery as the results are reviewed. The new exploration model of footwall mineralization has yet to be tested further south of T3, between T3 and T9 (figure 1), and these targets equate to a small portion of the 16km of strike length of the main zone. Drilling of the T3 continues to show PGM (Pd+Pt+Au) mineralization in the footwall of the main River Valley PGM Deposit and therefore increasing the amount of known PGM mineralization in this new area.

Pine Zone

The Pine Zone was the first of numerous newly discovered PGM zones within the district-scale River Valley PGM Project. The Pine Zone is located east of the main River Valley Deposit in an area previously not known for mineralization. The 2016 drill program (figure 2) confirmed the higher-grade, near-surface PGM discovery made in the 2015 drill program (figure 2) and highlighted the continuity of the PGM mineralization into the footwall. The Pine Zone remains open along strike and at depth.

Figure 1: Drill Hole Distribution Map

 


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Table 1: Drill Results from Banshee and Pine Zone

(3E = Au+Pt+Pd, N.S.A. = no significant assays)


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Figure 2: T3 Zone and Pine Zone Drill Map


Click Image To View Full Size

Assay Procedures and QAQC

The drilling was undertaken by Jacob & Samuel Drilling Ltd. of Sudbury, Ontario under the supervision of a NAM geologist. The drill core samples were sent to the SGS Canada Inc. Laboratory in Lakefield, Ontario for sample preparation and assay analyses. The preparation involved crushing of 3kg of each sample to 90% passing 2mm, and then pulverizing 0.5kg to 85% passing 75um. Palladium, Platinum and Gold were assayed by fire assay with ICP-AES finish (GE-FAI313). Copper, Nickel and 32 additional metals were assayed by two acid digestion and ICP-OES finish (GE-ICP14B). Blanks and blind certified standard samples were submitted at regular intervals for assay with the core samples as part of NAM’s quality control program.

Future Activity

WSP Canada (News Release: Sept 7th, 2017) will be conducting the updated resource calculation and model for the River Valley PGM Deposit. This will incorporate the new findings and interpretations. The company plans to initialize a Preliminary Economic Assessment (PEA) Report in the future with WSP Canada. In-house recommendations will be compiled to delineate future work upon completion of the 2017 field program with future work on Pine Zone, T3, and new un-explored footwall targets.

To date an approximate 140,659m (461,480ft) in 628 holes have been conducted by the company and its past major joint venture partners to test the PGM mineralization of the River Valley PGM Deposit. Several 43-101 compliant resource estimates have previously been generated for the deposit through the development phases. The River Valley Deposit present resource, with approximately 3.9 PdEq ounces in Measured Plus Indicated mineral resources and near-surface mineralization covers over 16km of continuous strike length.

The Company will continue to update investors as the drill results are received.

ABOUT NAM’S PGM DIVISION

NAM’s flagship project is its 100% owned River Valley PGM Project (NAM Website – River Valley Project) in the Sudbury Mining District of Northern Ontario (100 km east of Sudbury, Ontario). Presently the River Valley Project is Canada’s largest primary undeveloped PGM deposit with Measured + Indicated resources of 91 million tonnes @ 0.58 g/t Palladium, 0.22 g/t Platinum, 0.04 g/t Gold, at a cut-off grade of 0.8 g/t PdEq for 2,463,000 ounces PGM plus Gold. This equates to 3,942,910 PdEq ounces. The River Valley PGM-Copper-Nickel Sulphide mineralized zones remains open to expansion. The company has recently completed a drill program on the Pine and T3 Zones.

In 2016, the Company acquired the River Valley extension property from Mustang Minerals which added approximately 4 kilometres to the project’s mineralized strike length to the southern portion of the intrusion.

ABOUT NAM’S LITHIUM DIVISION

The Company has five pegmatite hosted Lithium Projects in the Winnipeg River Pegmatite Field, located in SE Manitoba. Three of the projects are drill ready. This Pegmatite Field hosts the world class Tanco Pegmatite that has been mined for Tantalum, Cesium and Spodumene (one of the primary Lithium ore minerals) in varying capacities, since 1969. NAM’s Lithium Projects are strategically situated in this prolific Pegmatite Field. Presently, NAM is the largest mineral claim holder in the Winnipeg River Pegmatite Field and is seeking JV partners to further develop the company’s Li division.

 

QUALIFIED PERSON

 

The contents contained herein that relate to Exploration Results or Mineral Resources is based on information compiled, reviewed or prepared by Carey Galeschuk, a consulting geoscientist for New Age Metals. Mr. Galeschuk is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content of this news release.

 

On behalf of the Board of Directors

 

“Harry Barr”

 

Harry G. Barr

 

Chairman and 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 adequacy or accuracy of this release.

 

Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.

FEATURE: Did you know Namaste $N.ca owns 26 e-commerce #Vaporizer stores in 20 countries

Posted by AGORACOM-JC at 3:30 PM on Tuesday, October 24th, 2017

N:CSE

  • World’s Largest E-Commerce B2C Vaporizer Company
  • September ’17 Sales of C$1.2m Representing a 132% Year-On Increase
  • Revenue for AUG 31 2018 expected $24.9 million
  • Owns 26 e-commerce stores in 20 countries
  • Distribution centers in North America, South America, Europe and Asia Pacific
  • Aggressively expanding into manufacturing and wholesaling
  • Product acquisition agreement announced with Aphria Inc.

Namaste $N.ca Announces September Sales of C$1.2m Representing a 132% Year-On Increase #Vapes #Vaping #MMJ

Posted by AGORACOM-JC at 7:36 AM on Tuesday, October 10th, 2017

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  • September 2017 unaudited sales as reported by the Company (including shipping revenues and after discounts and refunds) were C$1,198,765
  • Representing a 132% year-on-year growth in sales

VANCOUVER, British Columbia, Oct. 10, 2017 — Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N) (FRANKFURT:M5BQ) (OTCMKTS:NXTTF) is pleased to announce September 2017 unaudited sales as reported by the Company (including shipping revenues and after discounts and refunds) were C$1,198,765, representing a 132% year-on-year growth in sales.

The table below displays a breakdown of Namaste’s revenue by sales channel.

Revenues – September 2017 (C$)
Namaste 475,053
EDIT 170,582
Australian Vaporizers 431,108
Green Vapes 12,095
Distribution Goods 148,623
Dropshipping 12,095
Channels 46,192
Total revenues      1,295,748

 

The table below outlines gross sales of Namaste’s major sites and includes site traffic, conversion rates, total number of orders per site and average online basket price.

Selected operating data e-Commerce September 2017 in C$
  traffic conversion
orders basket price
 gross
revenues

Namaste 109,409 2.29% 2,505 $ 207 $ 518,138
Australian Vaporizers 40,705 5.30% 2,158 $ 219 $ 473,606
EDIT 209,822 1.30% 2,736 $ 70 $ 192,418
GreenVapes 3,685 1.74% 64 $ 228 $ 14,603
Total  363,621 2.05%  7,463 $ 161 $ 1,198,765

 

Namaste continues to produce strong revenue during a typically slow period for e-commerce sales. Through implementation of new site platforms and machine learning algorithms, Namaste is focused on increasing organically driven revenue across its platform and expects to see significant growth in monthly revenues while entering into the busiest season of the year for e-commerce.

Management Commentary

Sean Dollinger, President and CEO of Namaste comments: “We’re quite pleased to see such strong revenue numbers for September this year and incredible year-on-year growth. As we enter into busy season, we expect to see a dramatic increase in sales leading up to the holidays. We are also very pleased to be making progress with our Cannmart facility and are focused on working with Mr. David Hyde and Eurofins Experchem Laboratories Inc. as well as Health Canada to continue with our plan to launch our medical cannabis sales platform early in the new year.”

About Namaste Technologies Inc.

Namaste Technologies Inc. (“Namaste”) is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through e-commerce sites in 26 countries and with 5 distribution hubs located around the world. Namaste has majority market share in Europe and Australia, with operations in the UK, US, Canada and Germany and has opened new supply channels into emerging markets including Brazil, Mexico and Chile. Namaste, through its acquisition of Cannmart Inc., a Canadian based late-stage applicant for a medical cannabis distribution license (under the ACMPR Program) is pursuing a new revenue vertical in online retail of medical cannabis in the Canadian market. Namaste intends to leverage its existing database of Canadian medical cannabis consumers, along with its expertise in e-commerce to create an online marketplace for medical cannabis patients, offering a larger variety of product and a better user experience.

On behalf of the Board of Directors

“Sean Dollinger”
Chief Executive Officer
Direct: +1 (786) 389 9771
Email: info@namastevapes.com

 

Further information on the Company and its products can be accessed through the links below:

 

www.namastetechnologies.com

 

www.namastevaporizers.com

 

www.namastevaporizers.co.uk

 

www.everyonedoesit.com

 

www.everyonedoesit.co.uk

 

FORWARD LOOKING INFORMATION This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, Namaste assumes no responsibility to update or revise forward looking information to reflect new events or circumstances unless required by law. 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 press 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 press 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 press release.

Are you an investor in Aurora Cannabis $ACB.ca ? Check out recent news regarding supply agreement with Namaste $N.ca #Vapes #Vaping

Posted by AGORACOM-JC at 10:40 AM on Tuesday, October 3rd, 2017

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  • World’s Largest E-Commerce B2C Vaporizer Company
  • Record Monthly Sales in August of C$1.43M
  • Revenue for AUG 31 2018 expected $24.9 million
  • Owns 26 e-commerce stores in 20 countries
  • Distribution centers in North America, South America, Europe and Asia Pacific
  • Aggressively expanding into manufacturing and wholesaling
  • Product acquisition agreement announced with Aphria Inc.