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Uragold Bay Resources Inc. has changed its name to HPQ-Silicon Resources Inc. $HPQ.ca

Posted by AGORACOM-JC at 8:23 AM on Monday, July 25th, 2016

Hpq_large

Uragold Bay Resources Inc. has changed its name to HPQ-Silicon Resources Inc. There is no consolidation of capital.

Effective at the opening on Monday, July 25, 2016, the common shares of HPQ-Silicon will commence trading on the TSX Venture Exchange and the common shares of Uragold Bay will be delisted. The company is classified as a mining support issuer.

Capitalization: unlimited number of common shares with no par value of which 133,956,519 common shares are issued and outstanding

Transfer agent: Computershare Investor Services Inc., Montreal and Toronto

Old symbol: UBR

New symbol: HPQ

New Cusip No.: 40444R100

Uragold Bay Resources Changing Name to HPQ Silicon Resources and Stock Symbol In Preparation For Gold Asset Spin Out $UBR.ca

Posted by AGORACOM-JC at 1:54 PM on Monday, July 11th, 2016

Uragold_new

  • Plans To Issue Dividend To Shareholders Via Spin Out Of Gold Projects
  • Legal name of Corp been changed to HPQ Silicon Resources Inc.
  • Changing its TSX Venture stock symbol to HPQ
  • Upon completion, shareholders of the company will own shares in two exciting companies, each of which will independently focus and advance their respective assets to create even further shareholder value

Montreal, Quebec, Canada / July 11, 2016 – Uragold (TSX Venture: UBR) is pleased to announce that its has received, from Industry Canada, a Certificate of Amendment under the Canada Business Corporations Act confirming the legal name of the Corporation has been changed to HPQ Silicon Resources Inc.

In addition, the Company will be changing its TSX Venture stock symbol to HPQ.

The exact date for the retirement of the old symbol and the start of trading under the symbol HPQ has not yet been finalized by the exchange but is expect shortly. It will be preceded by the issuance of a bulletin by the Exchange announcing the change.

REASON FOR NAME AND STOCK SYMBOL CHANGE

On March 11, 2016, the Company announced “Uragold Plans To Issue Dividend To Shareholders Via Spin Out Of Gold Projects”. The purpose of the spin out was to segregate the company’s valuable but diverse holdings to unlock even greater value for shareholders as follows:

  1. 1.High Purity Quartz & Solar Grade Silicon Metal Process – These assets and operations will remain within HPQ Silicon Resources (formerly “Uragold Bay”).
  2. 2.The Beauce Gold Project – This asset will be spun out into a new publicly listed vehicle, with details to be announced in the very near future. Shareholders of HPQ Silicon Resources (formerly “Uragold Bay”) will receive shares in the new company.

Upon completion, shareholders of the company will own shares in two exciting companies, each of which will independently focus and advance their respective assets to create even further shareholder value.

A NEW CORPORATE IDENTITY

“Our new corporate identity represents another milestone in the Company’s transformation into a vertically integrated and diversified High Value Specialty Materials Company. We will be exclusively focused on becoming a High Purity Quartz Supplier and the Cleanest, Greenest and Lowest Cost Producer of Solar Grade Silicon Metal, thanks to our exclusive worldwide licenses to use PyroGenesis’ PUREVAP(TM) Quartz Vaporization Reactor, (“QVR”),” said Bernard J Tourillon Chairman and CEO. “We plan to reveal a more complete view of the HPQ Silicon brand and an updated website in the comings weeks but wanted to provide advance notice of these changes to our valuable shareholder base.”

About HPQ Silicon

HPQ Silicon Resources Inc (Formally Uragold Bay Resources) is a TSX-V listed junior exploration company planning to become a vertically integrated and diversified High Value Specialty Materials Company. Our Business model is focused on developing unique projects that can generate high yield returns and significant free cash flow within a short time line.

High Value Specialty Materials

In September 2015, PyroGenesis announced that it had filed for a provisional patent for the PUREVAPTM Quartz Vaporization Reactor (QVR) process, which it noted was able to produce silicon, at a lower cost, while generating less CO2 emissions than current processes.

On April 19, 2016, PyroGenesis announced that early test results of the PUREVAPTM QVR process have demonstrated that it can transform high purity quartz into silicon metal. The PUREVAPTM QVR validation program his now in its second stage whereby the operational parameters of the reactor are adjusted in order to achieve the transformation of HPQ Silicon Quartz into Solar Grade Purity Si.

On June 29, 2016, HPQ Silicon announced that first pass analytical process confirms the ability of the PUREVAPTM process to create high purity silicon metal exceeding 99.9% and that samples are to be sent to a specialized laboratory in the United States to determine the precise purity levels of the Silicon Metal.

HPQ Silicon, with its worldwide exclusive usage of PyroGenesis’ PUREVAP(TM) QVR, is endeavouring to become a vertically integrated Silicon Metal (98.5% Si), High Purity Silicon Metal (99.99% Si), Solar Grade Silicon Metal (6N Purity / 99.9999% Si) and/or Higher (9N Purity / 99.9999999% Si) producer.

The PUREVAP(TM) QVR process’s big advantage is its one step direct transformation of Quartz into High Purity Silicon Metal Solar Grade Silicon Metal and/or Higher Purity product, thereby potentially allowing Uragold to manufacture high value material for the same operating cost presently being paid by traditional producers to make Metallurgical Grade Si (98.5% Si) using the traditional arc furnace approach.

The Science Behind PyroGenesis PUREVAP(TM) QVR Process Is Solid:

-Plasma arc based process can and has transformed High Purity Quartz into Mg Si.

-Plasma arc based process can and is being used to purify Mg Si into higher value materials such as Sg Si.

-Finally, refining Mg Si using an electron-beam furnace in a high vacuum-processing environment has proven the concept of the elimination of elements whose vapor pressures are higher than that of silicon.

What is unique and ground breaking is the combination of these three proven processes into one step.

A Green And Clean Company

HPQ Silicon Uragold, with its worldwide exclusive usage of PyroGenesis’ PUREVAP(TM) QVR will also be implementing a process to make Sg Si, which is estimated to generate 14.1 kg CO2 eq/Kg SG Si, versus the 54.0 kg CO2 eq/Kg SG Si of emissions generated by the Siemens process (90% of the present production process). This represents 75% fewer greenhouse gas emissions, which is justified by elimination of the emissions emanating from the use of chemicals, as well as, energy consumption from the additional purification step.

High Purity Quartz Properties

HPQ Silicon is also the largest holder of High Purity Quartz properties in Quebec, with over 3,500 Ha under claims. Despite the abundance of quartz, very few deposits are suitable for high purity applications. High Purity Quartz supplies are tightening, prices are rising, and exponential growth is forecast. Quartz from the Roncevaux property successfully passed rigorous testing protocols of a major silicon metal producer confirming that our material is highly suited for their silicon metal production.

Disclaimers:

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

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

For further information contact

Bernard J. Tourillon, Chairman and CEO Tel (514) 907-1011
Patrick Levasseur, President and COO Tel: (514) 262-9239
www.uragold.com

Or

Carl Desjardins, Paradox Public Relations Inc., Tel (514) 341-0408

Uragold Announces Closing of Over-Subscribed Private Placement Totalling $1,060,340 $UBR.ca

Posted by AGORACOM-JC at 3:24 PM on Wednesday, July 6th, 2016

Uragold_new

  • Completed the two previously announced non-brokered private placements
  • Demand for the hard cash unit’s private placement was such that it exceeded the over-allocation allotments reservation

Montreal, Quebec, Canada / July 6, 2016 – Uragold (TSX Venture: UBR) is pleased to announce that it has completed the two previously announced non-brokered private placements. Demand for the hard cash unit’s private placement was such that it exceeded the over-allocation allotments reservation mention in the May 25, 2016 press release.

Private Placement

The first private placement of hard cash units (“HC Unit”) completed consist in the issuance and sale of an aggregate amount of 6,200,000 units (“Unit”) at $0.14 per Unit for gross proceeds of $868,000.

Each HC Unit are comprised of one (1) common share and one (1) common share purchase warrant (“Warrant”) of the Company. Each Warrant entitle the holder thereof to purchase one common share of the capital stock of the Company at an exercise price of $ 0.25 during a period of 24 months from the date of closing of the placement.

The second placement of Flow Through Shares (“FT Shares”) completed consist in the issuance and sale of an aggregate amount of 1,373,856 FT Shares at $0.14 per Unit for gross proceeds of $192,339.80.

Each share issued pursuant to the placement will have a mandatory four (4) month holding period from the date of closing of the placement. The placement is subject to standard regulatory approvals.

In Connection with the above placements, the Company paid a cash finder’s fee of $62,420 and will issued 356,686 common shares and 89,172 options to EMD Financial Inc. of Montreal Quebec. Each option will give the right to purchase one (1) common share at 14 cents for 24 months.

Bernard Tourillon, Chairman and CEO of Uragold stated, “We are very encourage by the strong demand generated by the Hard Cash private placement, this bodes well for our future development as we transition into our new Corporate Identity, HPQ Silicon Resources Inc.”

The Funds raised will be used for general corporate expenditures and to finance our ongoing development strategy where, in combination with our presents and anticipated PUREVAPTM QVR development programs; we will be starting a field exploration campaign program on our Roncevaux Quartz Property in order to delineate a resource. This is the first step required for the preparation of a Preliminary Economic Assessment (“PEA”) of Roncevaux as the feed material for the PyroGenesis’ PUREVAP(TM) QVR process.

About Uragold

Uragold Bay Resources is a TSX-V listed junior exploration company planning to become a vertically integrated and diversified High Value Specialty Materials Company. Uragold has announced plans to spin out its Beauce Gold Project – the largest placer gold deposit in eastern North America. Our Business model is focused on developing unique projects that can generate high yield returns and significant free cash flow within a short time line.

High Value Specialty Materials

In September 2015, PyroGenesis announced that it had filed for a provisional patent for the PUREVAPTM Quartz Vaporization Reactor (QVR) process, which it noted was able to produce silicon, at a lower cost, while generating less CO2 emissions than current processes.

On April 19, 2016, PyroGenesis announced that early test results of the PUREVAPTM QVR process have demonstrated that it can transform high purity quartz into silicon metal. The PUREVAPTM QVR validation program his now in its second stage whereby the operational parameters of the reactor are adjusted in order to achieve the transformation of Uragold Quartz into Solar Grade Purity Si.

Uragold, with its worldwide exclusive usage of PyroGenesis’ PUREVAP(TM) QVR, is endeavouring to become a vertically integrated Silicon Metal (98.5% Si), High Purity Silicon Metal (99.99% Si), Solar Grade Silicon Metal (6N Purity / 99.9999% Si) and/or Higher (9N Purity / 99.9999999% Si) producer.

The PUREVAP(TM) QVR process’s big advantage is its one step direct transformation of Quartz into High Purity Silicon Metal Solar Grade Silicon Metal and/or Higher Purity product, thereby potentially allowing Uragold to manufacture high value material for the same operating cost presently being paid by traditional producers to make Metallurgical Grade Si (98.5% Si) using the traditional arc furnace approach.

The Science Behind PyroGenesis PUREVAP(TM) QVR Process Is Solid:

-Plasma arc based process can and has transformed High Purity Quartz into Mg Si.

-Plasma arc based process can and is being used to purify Mg Si into higher value materials such as Sg Si.

-Finally, refining Mg Si using an electron-beam furnace in a high vacuum-processing environment has proven the concept of the elimination of elements whose vapor pressures are higher than that of silicon.

What is unique and ground breaking is the combination of these three proven processes into one step.

A Green And Clean Company

Uragold, with its worldwide exclusive usage of PyroGenesis’ PUREVAP(TM) QVR will also be implementing a process to make Sg Si, which is estimated to generate 14.1 kg CO2 eq/Kg SG Si, versus the 54.0 kg CO2 eq/Kg SG Si of emissions generated by the Siemens process (90% of the present production process). This represents 75% fewer greenhouse gas emissions, which is justified by elimination of the emissions emanating from the use of chemicals, as well as, energy consumption from the additional purification step.

High Purity Quartz Properties

Uragold is also the largest holder of High Purity Quartz properties in Quebec, with over 3,500 Ha under claims. Despite the abundance of quartz, very few deposits are suitable for high purity applications. High Purity Quartz supplies are tightening, prices are rising, and exponential growth is forecast. Quartz from the Roncevaux property successfully passed rigorous testing protocols of a major silicon metal producer confirming that our material is highly suited for their silicon metal production.

Disclaimers:

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or the securities laws of any state of the United States and may not be offered or sold within the United States or to, or for the account or the benefit of, U.S. persons (as defined in Regulation S un der the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

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

For further information contact

Bernard J. Tourillon, Chairman and CEO Tel (514) 907-1011
Patrick Levasseur, President and COO Tel: (514) 262-9239
www.uragold.com

Uragold Discusses Production of Pure Silicon Metal Material That Exceeds 1st Lab Threshold $UBR.ca

Posted by AGORACOM-JC at 2:34 PM on Wednesday, June 29th, 2016

Uragold is the largest holder of High Purity Quartz properties in Quebec, Despite the abundance of quartz, very few deposits are suitable for high purity applications.  High Purity Quartz supplies are tightening, prices are rising, and exponential growth is forecast.  Quartz from the Roncevaux property successfully passed rigorous testing protocols of a major silicon metal producer confirming that our material is highly suited for their silicon metal production.

Hub On AGORACOM / Corporate Profile / Watch Interview

Purevap(TM) Produces Pure Silicon Metal Material That Exceeds 1st Lab Threshold; Material Being Sent To 2nd Specialized Lab In United States For Detailed Analysis $UBR.ca

Posted by AGORACOM-JC at 8:10 AM on Wednesday, June 29th, 2016

Uragold_new

  • Analysis confirms production of high purity silicon metal in all tests
  • Extremely low impurity levels exceed lab detection capabilities
  • Results Enter Project into next phase
  • Testing protocol moving forward

MONTREAL, QUEBEC–(June 29, 2016) - Uragold (TSX VENTURE:UBR)(FRANKFURT:UGE)(OTC PINK:URAGD) is pleased to inform its shareholders that INRS – ETE (Institut National de la Recherche Scientifique, Eau Terre Environnement) Laboratory in Quebec City has advised Uragold that the first batch of samples produced by the PUREVAP Quartz Vaporization Reactor (QVR) following restart (May 25, 2016 Press Release) have been analyzed.

ANALYSIS CONFIRMS PRODUCTION OF HIGH PURITY SILICON METAL IN ALL TESTS

Multiple surface readings were completed using a Scanning Electron Microscope (SEM) associated with Energy Dispersive X-ray Spectroscopy (EDX) on samples T6, T7 and T9. The analyses confirm production of High Purity Silicon Metal (Si) by the PUREVAP QVR during all of the tests but the final purity level in ppb (parts per billion) is yet to be determined.

EXTREMELY LOW IMPURITY LEVELS EXCEED LAB DETECTION CAPABILITIES

Of significant interest is the fact that 22 different readings of 100% Si were observed. This can be attributed to the fact the impurity levels of the samples are so low that they were below the impurity detection level of the method utilized by INRS – ETE (1,000 ppm). As such, the method used detected purity levels greater than 99.9% Si and were rounded up to 100%. This first pass analytical process confirms the ability of the PUREVAP process to create high purity silicon metal exceeding 99.9% and the samples will now been sent to a specialized laboratory in the United States to determine the precise purity levels of the Silicon Metal.

“We are encouraged by these results as they confirm our expectations of our PUREVAP™ process,” said Pierre Carabin, Director of Engineering of PyroGenesis. “We are looking forward to receiving the additional tests results from the specialized laboratory in the US. In the meantime, we continue to pursue our testing program.”

Bernard Tourillon, Chairman and CEO of Uragold stated, “These test results represent a significant milestone as one of the key goals of our project has been reached – the establishment of a high purity (99.9+%) baseline for the material produced by the reactor. Reaching our goal of transforming Uragold Quartz into Solar Grade Purity Silicon seems even more attainable.”

RESULTS ENTER PROJECT INTO NEXT PHASE

At the outset, theoretical modeling of the process indicated that transforming Uragold Martinville Raw Quartz into High Purity Silicon Metal was feasible. Today’s results now validate this. Therefore, the program is now moving beyond the metallurgical testing phase into an R&D program strictly focused on improving the PUREVAP QVR beneficiation capability for the express purpose of determining maximum purity and advancing to the pilot plant stage.

TESTING PROTOCOL MOVING FORWARD

The original test protocols called for any material that exceeded the lower limit of detection of the SEM-EDX to be further tested using Laser Ablation Inductively Coupled Plasma Mass Spectrometry (LA-ICP-MS) analysis. The Lab has advised the INRS that it lacked a High Purity Silicon Quality Assurance Standards for LA-ICP-MS analysis in order to validate results. Furthermore, because of contamination risk associated with the Inductively Coupled Plasma Mass Spectrometry testing, it was decided the material should be sent to a specialised laboratory in the US for neutron activation analysis (NAA) testing.

Testing Methodology:

The SEM-EDX analysis were completed at the INRS – ETE laboratory in Quebec City.

The scanning electron micrographs (SEM) USED are Carl Zeiss EVO® 50 smart SEM equipped with a range of imaging detectors, including: an Everhart-Thornley Secondary Electron Detector, for topographic image.

Backscattered electron (BSE) images allow the viewing of images in chemical contrast, depending of the mean atomic number of the specimen. The systems use a 4 Quadrant backscattered electron detector (QBSD).

The elemental analysis of the particles present on the surface is enabled by an energy dispersive X-ray spectrometry (EDS) Microanalysis System (model: Oxford Instruments, INCAx-sight EDS Detectors). This EDS is a Lithium drifted Silicon detector Si (Li). EDS can detect element from Beryllium (z=4) to Uranium (z=92). This detector must be operated at liquid nitrogen temperatures.

  • EDS Resolution: 133 eV.
  • Detection limits: 1,000 ppm

Settings used for the analysis: Accelerating voltage usually used is 20 kV, Working distance: WD: 8.5 mm for EDS analysis, for image in SE.

Sample preparation

  1. The samples were mounted on conventional 12.7 mm diameter aluminum stubs using double sided adhesive carbon discs. The all is clamped in a multi-stub holder.
  2. The samples were coated with a thin layer (20-30 nm) of conductive medium, such as gold, to increase conductivity and thus to minimise sample charge up.

Pierre Carabin, Eng., M. Eng., has reviewed and approved the technical contents of this press release.

About Uragold

Uragold Bay Resources is a TSX-V listed junior exploration company planning to become a vertically integrated and diversified High Value Specialty Materials Company. Uragold has announced plans to spin out its Beauce Gold Project – the largest placer gold deposit in eastern North America. Our Business model is focused on developing unique projects that can generate high yield returns and significant free cash flow within a short time line.

High Value Specialty Materials

In September 2015, PyroGenesis announced that it had filed for a provisional patent for the PUREVAP™ Quartz Vaporization Reactor (QVR) process, which it noted was able to produce silicon, at a lower cost, while generating less CO2 emissions than current processes.

On April 19, 2016, PyroGenesis announced that early test results of the PUREVAP™ QVR process have demonstrated that it can transform high purity quartz into silicon metal. The PUREVAP™ QVR validation program his now in its second stage whereby the operational parameters of the reactor are adjusted in order to achieve the transformation of Uragold Quartz into Solar Grade Purity Si.

Uragold, with its worldwide exclusive usage of PyroGenesis’ PUREVAP™ QVR, is endeavouring to become a vertically integrated Silicon Metal (98.5% Si), High Purity Silicon Metal (99.99% Si), Solar Grade Silicon Metal (6N Purity / 99.9999% Si) and/or Higher (9N Purity / 99.9999999% Si) producer.

The PUREVAP™ QVR process’s big advantage is its one step direct transformation of Quartz into High Purity Silicon Metal Solar Grade Silicon Metal and/or Higher Purity product, thereby potentially allowing Uragold to manufacture high value material for the same operating cost presently being paid by traditional producers to make Metallurgical Grade Si (98.5% Si) using the traditional arc furnace approach.

The Science Behind PyroGenesis PUREVAP™ QVR Process Is Solid:

  • Plasma arc based process can and has transformed High Purity Quartz into Mg Si.
  • Plasma arc based process can and is being used to purify Mg Si into higher value materials such as Sg Si.
  • Finally, refining Mg Si using an electron-beam furnace in a high vacuum-processing environment has proven the concept of the elimination of elements whose vapor pressures are higher than that of silicon.

What is unique and ground breaking is the combination of these three proven processes into one step.

A Green And Clean Company

Uragold, with its worldwide exclusive usage of PyroGenesis’ PUREVAP™ QVR will also be implementing a process to make Sg Si, which is estimated to generate 14.1 kg CO2 eq/Kg SG Si, versus the 54.0 kg CO2 eq/Kg SG Si of emissions generated by the Siemens process (90% of the present production process). This represents 75% fewer greenhouse gas emissions, which is justified by elimination of the emissions emanating from the use of chemicals, as well as, energy consumption from the additional purification step.

High Purity Quartz Properties

Uragold is also the largest holder of High Purity Quartz properties in Quebec, with over 3,500 Ha under claims. Despite the abundance of quartz, very few deposits are suitable for high purity applications. High Purity Quartz supplies are tightening, prices are rising, and exponential growth is forecast. Quartz from the Roncevaux property successfully passed rigorous testing protocols of a major silicon metal producer confirming that our material is highly suited for their silicon metal production.

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

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.

Uragold
Bernard J. Tourillon
Chairman and CEO
(514) 907-1011

Uragold
Patrick Levasseur
President and COO
(514) 262-9239
www.uragold.com

Paradox Public Relations Inc.
Carl Desjardins
(514) 341-0408

Uragold Annual Shareholder meeting results $UBR.ca

Posted by AGORACOM-JC at 8:56 AM on Friday, June 24th, 2016

Uragold_new

June 24, 2016 / Montreal, Quebec, Canada – Uragold (TSX Venture: UBR) is pleased to report that all matters submitted to the shareholders for approval as set out in the Company’s Notice of Meeting and Information Circular, were approved at the Annual General and Special Meeting of the shareholders held on Wednesday June 22, 2016 in Montreal (the “AGM”).

Over 52,599,348 shares representing 42.31% of the 124,318,662 shares issued and outstanding as at the record date were voted.

Bernard Tourillon, Chairman and CEO of Uragold stated, “We extremely pleased with shareholders participation. This bodes very well for the future.”

RESULTS OF THE AGM VOTES

  1. 1.With over 99% of the vote in favor, the following persons were re-elected as directors of the Corporation, to hold office until the next Annual Meeting or until their successors are elected or appointed:
  • -Bernard J. Tourillon;-Patrick Levasseur;

    -Richard Mimeau;

    -Peter H. Smith;

    -Noelle Drapeau;

    -Robert Robitaille.

  1. 2.With 99.5% of the vote in favor, Raymond Chabot Grant Thornton, LLP, chartered accountants, were appointed auditors of the Corporation for the ensuing year.
  2. 3.With 99.4% of the vote in favor, shareholders approved the signature by the Corporation of the letter of intent and financing through convertible debenture private placements with Stone River Capital LLC (Stone River) or other entity defined by Stone River, approving the issuances of convertible debentures and the future issuances of common shares of the Corporation upon conversion thereof and the granting to Stone River or other entity defined by Stone River of an exclusive right to sell our High Purity Quartz, Si, Sg Si and/or Polysilicon in Asia (“Asia Exclusivity”) for a period of 20 years.
  3. 4.With 98.9% of the vote in favor, shareholders approved and authorized the creation of a control person in connection with and resulting from the issuances of convertibles debentures and the conversions thereof;
  4. 5.With 99.5% of the vote in favor, shareholders approved the spin out of the Gold assets by the Corporation into a separate company whereby the Corporation will transfer into a new company (Newco) all its gold assets including all gold properties, all gold claims and all interest or participation therein (gold assets), less the option between the Corporation and Golden Hope mines Inc and will return to its shareholders 80% of the shares and securities received from Newco in payment for all gold assets sold and transferred.
  5. 6.With 99.3% of the vote in favor, shareholders approved amending the articles of the Corporation in order to change the name of the corporation to Silicon Canada Resources Inc. / Les Ressources Silicium du Canada Inc. or such other name that could be acceptable to the Director of Corporate Affairs of Industry Canada and the Directors.

OPTION GRANT

The TSX-Ventures having approved the agreement between Uragold and Paradox Public Relations (Paradox), the Corporation has therefore granted Paradox an option to purchase 500,000 common shares of Uragold. The stock options are exercisable for a period of two years from the date of grant at an exercise price of $0.15 per share. The options vest over a twelve month period in equal amounts at the rate of 25 per cent per quarter.

Furthermore the Corporation has granted 100,000 stock options to an officer of the Corporation. The stock options are exercisable for a period of five years from the date of grant at an exercise price of $0.15 per share.

The options have been granted under and are subject to the terms and conditions of the Company’s Stock Option Plan.

About Uragold

Uragold Bay Resources is a TSX-V listed junior exploration company planning to become a vertically integrated and diversified High Value Specialty Materials Company. Uragold has announced plans to spin out its Beauce Gold Project – the largest placer gold deposit in eastern North America. Our Business model is focused on developing unique projects that can generate high yield returns and significant free cash flow within a short time line.

High Value Specialty Materials

In September 2015, PyroGenesis announced that it had filed for a provisional patent for the PUREVAPTM Quartz Vaporization Reactor (QVR) process, which it noted was able to produce silicon, at a lower cost, while generating less CO2 emissions than current processes.

On April 19, 2016, PyroGenesis announced that early test results of the PUREVAPTM QVR process have demonstrated that it can transform high purity quartz into silicon metal. The PUREVAPTM QVR validation program his now in its second stage whereby the operational parameters of the reactor are adjusted in order to achieve the transformation of Uragold Quartz into Solar Grade Purity Si.

Uragold, with its worldwide exclusive usage of PyroGenesis’ PUREVAP(TM) QVR, is endeavouring to become a vertically integrated Silicon Metal (98.5% Si), High Purity Silicon Metal (99.99% Si), Solar Grade Silicon Metal (6N Purity / 99.9999% Si) and/or Higher (9N Purity / 99.9999999% Si) producer.

The PUREVAP(TM) QVR process’s big advantage is its one step direct transformation of Quartz into High Purity Silicon Metal Solar Grade Silicon Metal and/or Higher Purity product, thereby potentially allowing Uragold to manufacture high value material for the same operating cost presently being paid by traditional producers to make Metallurgical Grade Si (98.5% Si) using the traditional arc furnace approach.

The Science Behind PyroGenesis PUREVAP(TM) QVR Process Is Solid:

  • -Plasma arc based process can and has transformed High Purity Quartz into Mg Si.-Plasma arc based process can and is being used to purify Mg Si into higher value materials such as Sg Si.

    -Finally, refining Mg Si using an electron-beam furnace in a high vacuum-processing environment has proven the concept of the elimination of elements whose vapor pressures are higher than that of silicon.

What is unique and ground breaking is the combination of these three proven processes into one step.

A Green And Clean Company

Uragold, with its worldwide exclusive usage of PyroGenesis’ PUREVAP(TM) QVR will also be implementing a process to make Sg Si, which is estimated to generate 14.1 kg CO2 eq/Kg SG Si, versus the 54.0 kg CO2 eq/Kg SG Si of emissions generated by the Siemens process (90% of the present production process). This represents 75% fewer greenhouse gas emissions, which is justified by elimination of the emissions emanating from the use of chemicals, as well as, energy consumption from the additional purification step.

High Purity Quartz Properties

Uragold is also the largest holder of High Purity Quartz properties in Quebec, with over 3,500 Ha under claims. Despite the abundance of quartz, very few deposits are suitable for high purity applications. High Purity Quartz supplies are tightening, prices are rising, and exponential growth is forecast. Quartz from the Roncevaux property successfully passed rigorous testing protocols of a major silicon metal producer confirming that our material is highly suited for their silicon metal production.

About Our Beauce Gold Project – Preparing To Be Spun Out To Unlock Value

The Beauce Gold Project is a unique, historically prolific gold field located in the municipality of Saint-Simon-les-Mines in the Beauce region of Southern Quebec. Comprising of a block of 37 claims 100% owned by Uragold Bay Resources, the project area hosts a six (6) km long unconsolidated gold bearing sedimentary units (a lower saprolite and an upper brown diamictite) holding the largest placer gold deposit in eastern North America. The gold in saprolite indicates a close proximity to a bedrock source of gold providing significant potential for further exploration discoveries.

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

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

For further information contact

Bernard J. Tourillon, Chairman and CEO Tel (514) 907-1011
Patrick Levasseur, President and COO Tel: (514) 262-9239
www.uragold.com

Or

Carl Desjardins, Paradox Public Relations Inc., Tel (514) 341-0408

Purevap(TM) Dynamic Testing Restarted and First 3 Samples Sent For Independent Analysis $UBR.ca

Posted by AGORACOM-JC at 7:45 AM on Wednesday, May 25th, 2016

Uragold_new

  • PyroGenesis Canada Inc. has advised Uragold that the PUREVAP Quartz Vaporization Reactor  validation program, now in its beneficiation stage, has restarted
  • First batch of three samples have been produced since the restart
  • Bernard Tourillon, Chairman and CEO of Uragold stated, “The quick restart of the testing program demonstrates PyroGenesis ability and commitment to the advancement of our project. We are very satisfied with the milestones reached to date and we wait with anticipation for the next key milestone results.”

MONTREAL, QUEBEC–(May 25, 2016) - Uragold (TSX VENTURE:UBR)(FRANKFURT:UGE)(OTC PINK:URAGD) would like to inform its shareholders that PyroGenesis Canada Inc. (“PyroGenesis”) has advised Uragold that the PUREVAP Quartz Vaporization Reactor (QVR) validation program, now in its beneficiation stage, has restarted and that a first batch of three (3) samples have been produced since the restart.

Bernard Tourillon, Chairman and CEO of Uragold stated, “The quick restart of the testing program demonstrates PyroGenesis ability and commitment to the advancement of our project. We are very satisfied with the milestones reached to date and we wait with anticipation for the next key milestone results.”

ANTICIPATED TIMELINE FOR TESTING AND RESULTS

Having already validated that the PUREVAPQVR process can transform Uragold Quartz into Silicon Metal (Si), (See Uragold Press Release of April 19, 2016), the new material produced by the reactor was delivered to the INRS Laboratory in Quebec City for LA-ICP-MS (Laser Ablation Inductively Coupled Plasma Mass Spectrometry) analysis.

Generally speaking, Uragold anticipates receiving results within two weeks but reminds investors the exact timeline is beyond its control. The goal of these tests is the establishment of a baseline purity of the material produced by the reactor under three (3) different operational conditions and quantifying beneficiation improvements attained to date.

Theoretical modeling of the process indicates that transforming Uragold Raw Quartz into Solar Grade Purity Silicon metals is feasible. Determining the baseline purity of the Si produced by the PUREVAP QVR and quantifying beneficiation success are crucial steps in the validation and the advancement of the program.

Tourillon added, “Reaching our goal of transforming Uragold Quartz into Solar Grade Purity Silicon seems within reach but it will probably require identifying and implementing process improvements and completing additional tests. Having said that, we are very close to reaching the point where the following recent statement made by PyroGenesis CEO, P. Peter Pascali, takes on its importance as we are about to have the information necessary to decide about advancing the project to the pilot stage – ‘We look forward to the final results of our testing program and advancing to the pilot stage with Uragold’.”

UPCOMING AGM – JUNE 22, 2016

Uragold would like to remind shareholders that our AGM will be on June 22, 2016 at 10:00 AM. Shareholders of record as of May 16, 2016 should soon receive their Information circular and proxy documentation. The meeting will be held at the offices of McCarthy Tétrault, 25th floor, 1000 Rue de la Gauchetière W, Montreal, Quebec, in the MTL/QC conference room. We invite all of our shareholders to attend, meet management, vote on agenda items and discuss the company’s milestones, as well as, future plans…

ADDITIONAL FUND RAISING

The Corporation is embarking on an accelerated development strategy where, in combination with it presents and anticipated PUREVAP™ QVR development programs; Uragold will soon be starting a field exploration campaign program on our Roncevaux Quartz Property in order to delineate a resource. This is the first step required for the preparation of a Preliminary Economic Assessment (“PEA”) of Roncevaux as the feed material for the PyroGenesis’ PUREVAP™ QVR process. In order to meet these goals and cover the legal and regulatory cost associated with the gold spin out, the Corporation has chosen to complete the following financing:

Private Placement

Uragold announces that it’s proceeding with a two new non-brokered private placements. The first being for a maximum of 2,700,000 hard cash units (“HC Unit”) at $0.14 per Unit for a gross proceeds of $378,000 and the second being for a maximum of 2,700,000 Flow Through Shares (“FT Shares”) at $0.14 per FT Shares for a gross proceeds of $378,000. Both placements combined represent a total gross amount of $756,000. Insider participation in this placement could accounts up to 5% of the total amount subscribed. The net proceeds from the Private Placement will be used for general corporate expenditures, PUREVAP™ QVR related expenses and exploration activities.

In case of over-subscription of the placement and other certain conditions, Uragold reserve the right to increase the size of the Hard Cash private placement by up to an additional 3,500,000 HC Unit at $0.14 per Unit for an additional gross proceeds of $490,000 and up to an additional 1,500,000 FT Shares at $0.14 per FT Shares for an additional gross proceeds of $210,000.

Each Hard cash Unit will be comprised of one (1) common share and one (1) common share purchase warrant (“Warrant”) of the Company. Each Warrant will entitle the holder thereof to purchase one common share of the capital stock of the Company at an exercise price of $ 0.25 during a period of 24 months from the date of closing of the placement. Each share issued pursuant to the placement will have a mandatory four (4) month holding period from the date of closing of the placement. The placement is subject to standard regulatory approvals. No purchase warrants will be available for the Flow Through Shares placement.

In Connection with the above placement, the Company may end up paying a cash finder’s fee of $42,000 and issued of 240,000 common shares and 60,000 options to EMD Financial Inc. of Montreal Quebec. Each option will give the right to purchase one (1) common share at 14 cents for 24 months. In case of over-subscription, these amounts may increase.

SHARES FOR SERVICES PROGRAM

Further to our press release of April 15 2016, a debt of $ 28,250 was extinguished through the issuance of 370,780 common shares of the Corporation.

About Uragold

Uragold Bay Resources is a TSX-V listed junior exploration company planning to become a vertically integrated and diversified High Value Specialty Materials Company. Uragold has announced plans to spin out its Beauce Gold Project – the largest placer gold deposit in eastern North America. Our Business model is focused on developing unique projects that can generate high yield returns and significant free cash flow within a short time line.

High Value Specialty Materials

In September 2015, PyroGenesis announced that it had filed for a provisional patent for the PUREVAP™ Quartz Vaporization Reactor (QVR) process, which it noted was able to produce silicon, at a lower cost, while generating less CO2 emissions than current processes.

On April 19, 2016, PyroGenesis announced that early test results of the PUREVAP™ QVR process have demonstrated that it can transform high purity quartz into silicon metal. The PUREVAP™ QVR validation program his now in its second stage whereby the operational parameters of the reactor are adjusted in order to achieve the transformation of Uragold Quartz into Solar Grade Purity Si.

Uragold, with its worldwide exclusive usage of PyroGenesis’ PUREVAP™ QVR, is endeavouring to become a vertically integrated Silicon Metal (98.5% Si), High Purity Silicon Metal (99.99% Si), Solar Grade Silicon Metal (6N Purity / 99.9999% Si) and/or Higher (9N Purity / 99.9999999% Si) producer.

The PUREVAP™ QVR process’s big advantage is its one step direct transformation of Quartz into High Purity Silicon Metal Solar Grade Silicon Metal and/or Higher Purity product, thereby potentially allowing Uragold to manufacture high value material for the same operating cost presently being paid by traditional producers to make Metallurgical Grade Si (98.5% Si) using the traditional arc furnace approach.

The Science Behind PyroGenesis PUREVAP™ QVR Process Is Solid:

  • Plasma arc based process can and has transformed High Purity Quartz into Mg Si.
  • Plasma arc based process can and is being used to purify Mg Si into higher value materials such as Sg Si.
  • Finally, refining Mg Si using an electron-beam furnace in a high vacuum-processing environment has proven the concept of the elimination of elements whose vapor pressures are higher than that of silicon.

What is unique and ground breaking is the combination of these three proven processes into one step.

A Green And Clean Company

Uragold, with its worldwide exclusive usage of PyroGenesis’ PUREVAP™ QVR will also be implementing a process to make Sg Si, which is estimated to generate 14.1 kg CO2 eq/Kg SG Si, versus the 54.0 kg CO2 eq/Kg SG Si of emissions generated by the Siemens process (90% of the present production process). This represents 75% fewer greenhouse gas emissions, which is justified by elimination of the emissions emanating from the use of chemicals, as well as, energy consumption from the additional purification step.

High Purity Quartz Properties

Uragold is also the largest holder of High Purity Quartz properties in Quebec, with over 3,500 Ha under claims. Despite the abundance of quartz, very few deposits are suitable for high purity applications. High Purity Quartz supplies are tightening, prices are rising, and exponential growth is forecast. Quartz from the Roncevaux property successfully passed rigorous testing protocols of a major silicon metal producer confirming that our material is highly suited for their silicon metal production.

About Our Beauce Gold Project – Preparing To Be Spun Out To Unlock Value

The Beauce Gold Project is a unique, historically prolific gold field located in the municipality of Saint-Simon-les-Mines in the Beauce region of Southern Quebec. Comprising of a block of 37 claims 100% owned by Uragold Bay Resources, the project area hosts a six (6) km long unconsolidated gold bearing sedimentary units (a lower saprolite and an upper brown diamictite) holding the largest placer gold deposit in eastern North America. The gold in saprolite indicates a close proximity to a bedrock source of gold providing significant potential for further exploration discoveries.

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

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.

Shares outstanding: 124,424,454

Uragold
Bernard J. Tourillon
Chairman and CEO
(514) 907-1011

Uragold
Patrick Levasseur
President and COO
(514) 262-9239
www.uragold.com

Paradox Public Relations Inc.
Carl Desjardins
(514) 341-0408

With Gold And Silver On The Move, These 3 Juniors Are Set To Capitalize $EXS.ca $AMK.ca $UBR.ca

Posted by AGORACOM at 12:08 PM on Friday, April 29th, 2016

Gold and Silver Go Boom. GREAT News For These Juniors!

Exs_logo

EXS: TSX-V, OTCQX:EXSFF

  • 609,000 Ozs Indicated / 470,000 Inferred
  • Teck Resources To Spend $12 MILLION To Earn 70%

View Profile

—————————————

AMK: TSX-V, ACKRF: OTC Pink

  • Included In Seabridge Gold Plan To Take KSM Into Production
  • Recent samples average 27,092 gm/tonne silver and 248 gm/tonne gold
  • Adjacent area host to Over 130M Ozs Gold, 800 million Ozs silver, 20 billion pounds copper

View Profile

—————————————-

Uragold_new

UBR: TSX-V, URAGF: OTC

  • Planned Dividend To Shareholders Via Gold Assets Spin Out
  • Largest Historical Placer Gold Deposit In Eastern North America
  • Past Gold Producer
  • Word Renowned Geophysical Team
  • Core Quartz Conversion To Solar Grade Silicon Metal Received $5,000,000 Funding + 20 Year Offtake Agreement For Asia

View Profile

Start Your Research And Discover Your Next Great Junior Resources Company

Uragold Investors Exercise Over 6.5 Million Warrants and Options Since March 3, Adding $520,000 To Balance Sheet $UBR.ca

Posted by AGORACOM-JC at 9:44 AM on Wednesday, April 27th, 2016

Uragold_new

  • Between March 3 and April 25 2016, $ 519,756 was raised through the exercise of agent options, options, broker warrants and warrants
  • More specifically 6,227,768 warrant, 255,909 agent options, 100,000 options and 61,500 broker warrants were exercised

Montreal, Quebec, Canada / April 27 2016 / – Uragold (TSX Venture: UBR) would like to inform its shareholders that between March 3 and April 25 2016, $ 519,756 was raised through the exercise of agent options, options, broker warrants and warrants. More specifically 6,227,768 warrant, 255,909 agent options, 100,000 options and 61,500 broker warrants were exercised.

Bernard Tourillon, Chairman and CEO of Uragold stated “The raising of $519,756,30 in such a short time frame through different instrument exercises gives Uragold greater financial flexibility to advance both of our major initiatives forward – the imminent spin out of our Beauce Gold Property and of course our Solar Grade Silicon Metal initiative.”

About Uragold

Uragold Bay Resources is a TSX-V listed junior exploration company planning to become a vertically integrated and diversified High Value Specialty Materials Company. Uragold has announced plans to spin out its Beauce Gold Project – the largest placer gold deposit in eastern North America. Our Business model is focused on developing unique projects that can generate high yield returns and significant free cash flow within a short time line.

High Value Specialty Materials

In September 2015, PyroGenesis announced that it had filed for a provisional patent for the PUREVAPTM Quartz Vaporization Reactor (QVR) process, which it noted was able to produce silicon, at a lower cost, while generating less CO2 emissions than current processes.

On April 19, 2016, PyroGenesis announced that early test results of the PUREVAPTM QVR process have demonstrated that it can transform high purity quartz into silicon metal. The PUREVAPTM QVR validation program his now in its second stage whereby the operational parameters of the reactor are adjusted in order to achieve the transformation of Uragold Quartz into Solar Grade Purity Si.

Uragold, with its worldwide exclusive usage of PyroGenesis’ PUREVAP(TM) QVR, is endeavouring to become a vertically integrated Silicon Metal (98.5% Si), High Purity Silicon Metal (99.99% Si), Solar Grade Silicon Metal (6N Purity / 99.9999% Si) and/or Higher (9N Purity / 99.9999999% Si) producer.

The PUREVAP(TM) QVR process’s big advantage is its one step direct transformation of Quartz into High Purity Silicon Metal Solar Grade Silicon Metal and/or Higher Purity product, thereby potentially allowing Uragold to manufacture high value material for the same operating cost presently being paid by traditional producers to make Metallurgical Grade Si (98.5% Si) using the traditional arc furnace approach.

The Science Behind PyroGenesis PUREVAP(TM) QVR Process Is Solid:

  • -Plasma arc based process can and has transformed High Purity Quartz into Mg Si.-Plasma arc based process can and is being used to purify Mg Si into higher value materials such as Sg Si.

    -Finally, refining Mg Si using an electron-beam furnace in a high vacuum-processing environment has proven the concept of the elimination of elements whose vapor pressures are higher than that of silicon.

What is unique and ground breaking is the combination of these three proven processes into one step.

A Green And Clean Company

Uragold, with its worldwide exclusive usage of PyroGenesis’ PUREVAP(TM) QVR will also be implementing a process to make Sg Si, which is estimated to generate 14.1 kg CO2 eq/Kg SG Si, versus the 54.0 kg CO2 eq/Kg SG Si of emissions generated by the Siemens process (90% of the present production process). This represents 75% fewer greenhouse gas emissions, which is justified by elimination of the emissions emanating from the use of chemicals, as well as, energy consumption from the additional purification step.

High Purity Quartz Properties

http://agoracom.com/ir/Uragold is also the largest holder of High Purity Quartz properties in Quebec, with over 3,500 Ha under claims. Despite the abundance of quartz, very few deposits are suitable for high purity applications. High Purity Quartz supplies are tightening, prices are rising, and exponential growth is forecast. Quartz from the Roncevaux property successfully passed rigorous testing protocols of a major silicon metal producer confirming that our material is highly suited for their silicon metal production.

About Our Beauce Gold Project – Preparing To Be Spun Out To Unlock Value

The Beauce Gold Project is a unique, historically prolific gold field located in the municipality of Saint-Simon-les-Mines in the Beauce region of Southern Quebec. Comprising of a block of 37 claims 100% owned by Uragold Bay Resources, the project area hosts a six (6) km long unconsolidated gold bearing sedimentary units (a lower saprolite and an upper brown diamictite) holding the largest placer gold deposit in eastern North America. The gold in saprolite indicates a close proximity to a bedrock source of gold providing significant potential for further exploration discoveries.

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

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

For further information contact

Bernard J. Tourillon, Chairman and CEO Tel (514) 907-1011
Patrick Levasseur, President and COO Tel: (514) 262-9239
www.uragold.com

Or

Carl Desjardins, Paradox Public Relations Inc., Tel (514) 341-0408

CLOSE ALERT … Uragold Closes Up 35% To 5-Year High On Technology Breakthrough Announcement $UBR

Posted by AGORACOM at 7:19 AM on Wednesday, April 20th, 2016

BREAKING NEWS … $UBR UP 35% ON TECHNOLOGY BREAKTHROUGH
Uragold_new

  • Partner Confirms Technology Can Transform High Purity Quartz Into Silicon Metal In One Step
  • “We Look Forward To Advancing To The Pilot Stage Uragold”
  • “The First Step Towards The Company’s Objective To Produce A Silicon Product Of Solar Grade Purity”
  • Uragold Chairman & CEO “Today’s press release from PyroGenesis is another significant step in the dynamic testing process that commenced on March 29…”
  • Shares Up 35% To $0.205 On 2.2M Shares Traded

Hub On AGORACOM / Corporate Profile / Read Release