Agoracom Blog Home

Posts Tagged ‘small cap stocks’

$AAO.ca Augusta Successfully Completes Proof-of-Concept Contract

Posted by Er at 10:17 AM on Wednesday, January 10th, 2018

  • Successfully completed a proof-of-concept test using the FIBOS Fiber Bragg Grating Technology
  • Contract consisted of FIBOS engineers bonding a number of optical strain sensors to a test jig
  • FOX-TEK$a company, is able to meet new demands and, to be able to provide solutions in new areas—such as the nuclear sector.

“The success of the proof-of-concept test clearly demonstrates the ability of the Corporation to address the continuing changing needs of its clients,” commented Allen Lone, President and CEO of the Corporation. “The Corporation is continuously pursuing opportunities in previously untapped markets and services.”

About the Corporation

Through its wholly owned subsidiaries, Marcon International Inc. (“Marcon”) and Fox-Tek Canada Inc. (“Fox-Tek”), the Corporation provides a variety of services and products to a number of clients.

Marcon is an industrial supply contractor servicing the energy sector and a number of US Government entities. Marcon’s principal business is the sale and distribution of industrial parts and equipment.

Fox-Tek provides world leading solutions to various sectors including the oil and gas industry. With non-intrusive technologies including fiber-optic sensors and electric field mapping systems, Fox-Tek is able to accurately measure changes that could negatively impact our client’s operations.

Corporation contact:

Allen Lone, President and C.E.O.
Tel: 905.275.8111, Ext. 226, email: atlone@fox-tek.com

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.

$GRAT.ca CKR Carbon Announces Name Change to Gratomic Inc. and Appointment of New Directors

Posted by Er at 9:25 AM on Thursday, December 21st, 2017
  • TSX Venture Exchange has approved the change of name of the Company to “Gratomic Inc.
  • Gratomic refers to the one layer thick micro graphite the Company plans to produce to replace carbon black in tires.
  • Effective Friday, December 22, 2017 under the new symbol “GRAT

CKR Carbon Corporation (“CKR” or the “Company”) (TSX VENTURE:CKR)(FRANKFURT:CB81) (WKN:A143MR) is pleased to announce that the TSX Venture Exchange has approved the change of name of the Company from “CKR Carbon Corporation” to “Gratomic Inc.“. The change of name will become effective at the opening of the market on Friday, December 22, 2017 under the new symbol “GRAT“. The CUSIP number assigned to the Company’s shares following the name change is 38900X108. Gratomic refers to the one layer thick aka atomic scale technology or Graphenes/micro graphite the Company plans to produce to replace carbon black in tires.

The Company is also pleased to announce that Mr. Daniel Bloch has been appointed a director of the Company to fill the vacancy created by the resignation of Ian Flint and Mr. Denis Laviolette has joined the Board of Directors. Mr. Flint will continue to act as a technical advisor to the Company and has been appointed to the Company’s Advisory Board. Messrs. Bloch and Laviolette join Sheldon Inwentash, Arno Brand, Luisa Moreno and Bernie Stannus on the Board of Directors of the Company.

Sheldon Inwentash, Executive Chairman and Co-CEO of the Company stated: “I would like to welcome Daniel and Denis to the Board of Directors as we embark upon this new stage in the evolution of the Company. The change of name to Gratomic better reflects the fact that the business of the Company is evolving from exploration, mining and processing of graphite to mining, processing and refining of graphite.”

Daniel Bloch is a member of the Law Society of Upper Canada for 18 years as well as being registered as a Foreign Lawyer with the Israeli Bar Association. Daniel’s practice is global in nature and focuses on domestic and international matters in all areas of corporate finance, mergers and acquisitions, joint ventures, private equity and securities law. Daniel has advised on joint ventures and partnership structures in over 20 countries. Daniel regularly travels to South Africa, Europe and North America, where he has lectured on matters relating to financing structures for international joint ventures and the financing of oil and gas exploration projects. Most recently, he has been involved with the representation of a leading Israeli Pension Fund’s investment in an offshore vehicle, the negotiation of Chinese Sino Foreign Joint Ventures, formation of a Namibian offshore oil exploration company, an Israeli offshore gas exploration company and the financing of a multinational gas exploration company. Daniel’s extensive global energy and negotiation experience enables him to manage complex commercial relationships. In addition to his international commercial practice, Daniel regularly represents and provides general corporate and securities law advice to publicly and privately held entities ranging in size from start up to those with established multi-national operations. He has counselled on transactions in excess of $3 billion in various industry sectors, including natural resources and technology. Daniel has served as a both an officer and director of Canadian and U.S. publicly listed companies and is a member of the Association of International Petroleum Negotiators.

Denis Laviolette brings more than a decade of experience as an exploration geologist and mining professional, having worked on three different continents. During his time in Northern Ontario (Timmins, Kirkland Lake and Red Lake), Norway and Ghana, he took on a diverse array of tasks, including advanced mine operations, start-up mine management, QA/QC, grass roots exploration, and financing and acquisitions.

Denis has also worked as Senior Investment Analyst with Pinetree Capital Ltd. (“Pinetree”) in Toronto and now serves as Vice President of Resource Investments for ThreeD Capital, and Palisade Global. His responsibilities include market/portfolio analysis, appraising and vetting assets on a technical basis, providing valuation estimates, and reviewing corporate financial statements and technical reports.

Denis is currently President of Newfound Gold Corp., President/CEO of Goldspot Discoveries Inc., and a director of Xtra-Gold Resources Corp, Northern Sphere Mining Corp. and Tartisan Resources Corp. He received his B.Sc, Earth Science (Geology) from Brock University.

The appointments of Messrs. Bloch and Laviolette are subject to the approval of the TSX Venture Exchange.

About CKR Carbon Corporation

CKR Carbon Corporation is an advanced materials company focused on mine to market commercialization of graphite products most notably high value graphene based components for a range of mass market products. We are collaborating with a leading European manufacturer of graphenes to use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. The Company is listed on the TSX Venture Exchange under the symbol CKR.

For more information: visit the website at www.ckr-carbon.com.

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

FORWARD LOOKING STATEMENTS:This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).

CKR Carbon Corporation
Arno Brand
Co-CEO
+1 416-561-4095
abrand@ckr-carbon.com
www.ckr-carbon.com

FEATURE: $AAO.ca Xylem’s Premium Takeover of Pure a Benefit to AAO Investors

Posted by Er at 3:17 PM on Monday, December 18th, 2017

 

Companies that develop patented technologies for inspection, monitoring and management of critical infrastructure are being acquired to meet growth demands of larger corporations.

  • Pure has received a 102% premium to market
  • Xylem quick to recognize growth potential and present value of Pure technology & assets
  • Augusta is a peer of Pure and provides similar infrastructure services in Oil Industry

Pure Technologies to be acquired by Xylem

Pure’s business model incorporates four distinct business streams coincident with Augusta

  • Premium technical services including pipeline inspection, leak detection and condition assessment
  • Specialized engineering services in areas related to asset management, primarily in the area of pipeline condition assessment
  • Sales of proprietary monitoring technologies for pipelines
  • Recurring revenue from data analysis, site maintenance, and from technology licensing.

Augusta Industries

FOX-TEK – Focused on the oil & gas sector with non- intrusive pipeline technology ( fiber optic sensors ) that accurately measure changes that could negatively impact clients’ operations.

3 Technologies Integral to Fox-Tek Operations:

  • EFM for Corrosion Monitoring
  • FBG for Cracking Stress Monitoring
  • Leak Detection Monitoring

Marcon International – an industrial supply contractor servicing the energy sector and a number of US Government entities, clients that include government departments and global energy companies

  • US DHS
  • US DOE
  • US Air Force / Navy
  • NASA
  • Qatari Gas

AUGUSTA 2017 HIGHLIGHTS:

  • Augusta revenues for 2016 / $4.6M
  • Augusta market cap is 6.4$ as of December 14th, 2017
  • The proposed Spin-Off of FOX-TEK is expected to return up to $25,000,000 of stock to existing shareholders of Augusta.
  • Though terms of the Spin-Off are yet to be finalized, the proposed $2.5:$1 benefit to shareholders is now one step closer with the announcement of the Lock-Up Agreement & NCIB

 

For more information about Augusta:  watch this interview with Allen Lone on AGORACOM.

$SX.ca St-Georges Announces Kings Of The North Entered Into Option To Acquire Winterhouse Project And Arranged $2,000,000 Debenture Offering

Posted by Er at 12:59 PM on Monday, December 18th, 2017

  • Wholly owned subsidiary entered into an option agreement to acquire a 100% of the Winter House project.
  • On exercise of the Option, KOTN will have 18,000,000 Shares outstanding, of which St-Georges will hold 67%

 

St-Georges Platinum & Base Metals Ltd. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to announce that its wholly owned subsidiary, Kings of the North Corp., entered into an option agreement to acquire a 100% interest in the Winter House project.

King of the North Corp also announces that it has arranged a non-brokered private placement offering (the “Offering”) of unsecured debentures (the “Debentures”) for aggregate maximum gross proceeds of $2,000,000, to be used for working capital and general corporate purposes. The Debentures will have an 18-month maturity date and pay interest at the rate of 10% per annum, calculated quarterly in arrears. Upon the occurrence of a liquidity event in Kings of the North Corp. (a “Liquidity Event”) before the Maturity Date, the Debentures’ aggregate principal amount plus accrued and unpaid interest may be converted at the holder’s option into common shares of Kings of the North Corp. (each a “KOTN Share”) at a deemed conversion price equal to 25% of the liquidity event pricing, subject to a minimum initial issuance of $0.20 per Share and regulatory approval.

Winter House Option

In consideration for the 100% interest in the Property, KOTN will issue an aggregate of 6,000,000 Shares, assume $140,000 in current and on-going exploration expenses and grant a 3.5% net smelter return royalty on the Property.

On exercise of the Option, KOTN will have 18,000,000 Shares outstanding, of which St-Georges will hold 67%.

About the Winter House Project

The Winter House Project consists of 63 map-designated cells covering a surface area of 3,290 hectares (approximately 33 sq. km) and is located approximately 95 kilometres west of the town of Fermont, on the Quebec North Shore.

The Winter House project is part of the Superior geological province and is mainly composed of volcano-sedimentary rock assemblages of the Courcy and Soulard formations in contact with tonalites of the eastern Opatica Subprovince. Winter House is adjacent to the eastern border of Stelmine Canada’s Courcy project, which exposed gold mineralized zones, grading up to 24.8 g/t Au in grab samples (see Stelmine Canada PR dated October 17 of 2017) and up to 167 g/t Au over 0.5 metres in channel samples and up to 4.27 g/t Au over 42 m, including 12.15 g/t Au over 13.5 m in drill samples (Source SIGEOM: GM61872 and GM 62834).

Based on historical work, the Winter House project shows strong electromagnetic anomalies detected by a MAG-AeroTEM (magnetics and electromagnetics) airborne geophysical survey performed in 2008. These anomalies extend over a few kilometres and could represent potential targets for gold. During the summer of 2017, a follow-up reconnaissance program on the ground allowed the vendors to collect a total of 123 bedrock (surface) grab samples on these geophysical anomalies. These samples have been submitted for analyses for gold and a package of multi-elements. The results from these analyses are pending and will be released as soon as all results are received and compiled.

Related Party Transaction

A portion of the Option constitutes a “related party transaction” as set out in Multilateral Instrument 61-101, Protection of Minority Shareholders in Special Transactions (“MI 61-101”), as Francois (Frank) Dumas and Neha Edah Tally, both officers of St-Georges, will be issued under the Option respectively 1,280,000 and 120,000 Shares. The transaction is exempt from the formal valuation and minority shareholder approval requirements under MI 61-101 as neither the fair market value of any securities issued to or the consideration paid by such persons exceeds 25% of the Company’s market capitalization. The Company did not file a material change report more than 21 days before the closing of the Option as it wished to close on an expedited basis for sound business reasons.

Alain Berclaz, P.Geo, a consultant to St-Georges and a Qualified Person under the definition of Canadian National Instrument 43-101, has approved the technical information in this news release.

ON BEHALF OF THE BOARD OF DIRECTORS

“Mark Billings”

MARK BILLINGS, PRESIDENT & CEO OF KINGS OF THE NORTH, CHAIRMAN AND DIRECTOR OF ST-GEORGES PLATINUM LTD.

About St-Georges

St-Georges is developing new technologies to solve the some of the most common environmental problems in the mining industry.

The Company controls directly or indirectly, through rights of first refusal, all of the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & for industrial minerals on Quebec’s North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi region. Headquartered in Montreal, St-Georges’ stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1. For additional information, please visit our website at www.stgeorgesplatinum.com

$EXS.ca Explor Increases Ogden Property $EXN.ca $HBE.ca $OSK.ca

Posted by Er at 4:20 PM on Thursday, December 14th, 2017

  • Claims acquired because of encouraging results obtained in Explor’s past exploration on this property.
  • Ogden property now consists of 23 mining claims  and 7 patented mining claims covering 2,006 hectares
  • Property obtained to pursue depths between 300 & 600 meters

 

Explor Resources Inc. (“Explor” or “the Corporation”) (TSX VENTURE:EXS)(OTCQB:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) is pleased to announce the acquisition of two (2) mining claims (3 units) situated in the Ogden Township, in the Porcupine Mining Division, District of Cochrane, Province of Ontario for a total of 48.56 hectares. These claims are located in Ogden Township contiguous and to the east of the Timmins Porcupine West Gold Property. Highway 101 West is north of the property and provided excellent access to the city of Timmins. The claims were acquired because of encouraging results obtained in Explor’s past exploration on this property.

Explor Resources Inc. will pay CDN $2,000 and issue 100,000 common shares to acquire a 100% interest in the additional Ogden mining claims. The Optionors have retained a 2% NSR in the property. This acquisition is subject to the approval of the TSX Venture Exchange.

With this acquisition, the Ogden property now consists of 23 mining claims (118 mineral claim units) and 7 patented mining claims covering 2,006.56 hectares situated in the Porcupine mining division, district of Cochrane, in the Ogden and Price Townships, Ontario. The Ogden property has been previously explored by Hollinger Mines, Tex-Sol Exploration, Inmet Mining Corporation, Amax Mineral Exploration, Noranda Exploration and Knick Exploration. The majority of the holes drilled by previous operators were less than 100 meters in length. Historically on the Ogden Property, the only hole that hit significant mineralization was a diamond drill hole by Tex-Sol Exploration in 1965 which returned 6.0 g/t Au over 9.1 m at a shallow depth. On the TPW Gold Property significant mineralization was intersected below 300 meters of vertical depth requiring drill holes of 500 to 600 m in length.

The most significant deposits in Timmins are spatially associated with porphyry units that are in proximity to the Porcupine Destor Fault. The deposits appear to be also associated with splay faults that trend off and to the North of the Porcupine Destor fault inside an interpreted splay fault corridor.

Chris Dupont P.Eng is the qualified person responsible for the information contained in this release.

Explor Resources Inc. is a publicly listed company trading on the TSX Venture (EXS), on the OTCQB (EXSFF) and on the Frankfurt and Berlin Stock Exchanges (E1H1).

This Press Release was prepared by Explor. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the Policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

About Explor Resources Inc.

Explor Resources Inc. is a Canadian-based natural resources company with mineral holdings in Ontario, Québec, Saskatchewan and New Brunswick. Explor is currently focused on exploration in the Abitibi Greenstone Belt. The belt is found in both provinces of Ontario and Québec with approximately 33% in Ontario and 67% in Québec. The Belt has produced in excess of 180,000,000 ounces of gold and 450,000,000 tonnes of cu-zn ore over the last 100 years. The Corporation was continued under the laws of Alberta in 1986 and has had its main office in Québec since 2006.

Explor Resources Flagship project is the Timmins Porcupine West (TPW) Project located in the Porcupine mining camp, in the Province of Ontario. The TPW mineral resource (Press Release dated August 27, 2013) includes the following:

Open Pit Mineral Resources at a 0.30 g/t Au cut-off grade are as follows:

  •  Indicated: 213,000 oz (4,283,000 tonnes at 1.55 g/t Au)
  •  Inferred: 77,000 oz (1,140,000 tonnes at 2.09 g/t Au)

Underground Mineral Resources at a 1.70 g/t Au cut-off grade are as follows:

  •  Indicated: 396,000 oz (4,420,000 tonnes at 2.79 g/t Au)
  •  Inferred: 393,000 oz (5,185,000 tonnes at 2.36 g/t Au)

This document may contain forward-looking statements relating to Explor’s operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Explor’s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filling. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Explor disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

Christian Dupont, President
Tel: 888-997-4630 or 819-797-4630
819-797-1870
Website: www.explorresources.com
Email: info@explorresources.com

AMERICAN CREEK REPORTS ON TREATY CREEK – COPPER BELLE HOLE CB-17-24 WHICH INTERSECTED 115.5 M OF 1.31 G/T GOLD INCLUDING 39 M OF 2.38 G/T GOLD $SEA $SA $SKE.ca $TUD.ca $PVG

Posted by Er at 9:01 AM on Thursday, December 14th, 2017

Hublogolarge2 copy

  • Final results for the 2017 exploration season from the GR2/HC zone of the Treaty Creek project.
  • HC extension of the GR2 zone was discovered during the 2017 exploration program and carries high-grade gold, silver and base metal mineralization
  • 115.5m of 1.31 G/T Gold Including 39m of 2.38 G/T Gold

 

American Creek Resources Ltd. has provided information on Tudor Gold’s final results for the 2017 exploration season from the GR2/HC zone of the Treaty Creek project. The Treaty Creek project is situated immediately north of Seabridge Gold’s KSM property and near Pretium’s Valley of the Kings mine, both of which are situated in British Columbia’s Golden Triangle along the Sulphurets and Brucejack fault systems that continue northward into the Treaty Creek property.

The HC extension of the GR2 zone was discovered during the 2017 exploration program and carries high-grade gold, silver and base metal mineralization. The HC drill program augmented the previous drill holes in the zone and consisted of 17 drill holes totalling 5,401 metres in 2017. The program was designed with a maximum of 50-metre stepouts in the mineralized zone to prepare for a preliminary resource estimate.

The GR2/HC zone appears to be a gold-rich volcanic-hosted massive sulphide deposit in which the feeder vein system and the stratabound lenses have been intersected. A later silver (lead-zinc-antimony-copper) vein system was also found reactivating some of the previous structures in the same area where the HC extension is located. These veins are late in the formation and are hosted in the volcaniclastic sequence or in the younger Jurassic Hazelton sequence, crosscutting (and reactivating) previous HC related feeder vein system and HC stratabound lenses. The RR Ag-base metal vein holes are collared 800 metres north of the HC zone, following the same structure.

Thirty-six drill holes have been drilled to date in the GR2/HC, covering an area approximately 400 m along strike and 450 m down dip at 50 m space increments that show consistent geology and which demonstrate the distribution and continuity of the feeder vein system, the stratabound zone and the late silver-base metal vein system. Historical surface sampling carried out by previous operators to both the north and south of the GR2/HC zone indicates that the main mineralized structure potentially extends 3,000 m along strike. The mineralized structure remains open to the north and south beyond the existing drill holes, and down dip.

Significant drill results are summarized in the attached tables (all distance measurements reported in metres).

    
                    HC ZONE                       

Hole         From      To   Interval* Au g/t  Ag g/t

HC-17-09    79.05   81.05          2   12.21        
including   79.05   79.95        0.9    10.5     8.3
including   79.95    80.6       0.65    11.7    15.2
including    80.6   81.05       0.45    16.4    68.5
and         81.05    81.6       0.55   0.399     8.6
and          81.6    82.4        0.8    1.71     5.2
HC-17-11   221.15     230        9.7    4.89        
including   222.7   224.5        1.8   10.27        
including   221.1  222.15       1.05    3.17      11
           222.15   222.7       0.55    0.24     3.7
            222.7   223.1        0.4    9.48     6.3
            223.1   223.5        0.4    9.14     7.2
            223.5     224        0.5    3.48     9.8
              224   224.5        0.5    18.6      11
            224.5     225        0.5    2.96     7.9
              225   225.5        0.5    1.12     6.3
            225.5  226.25       0.75    4.16    19.3
           226.25  227.15        0.9     8.9     9.4
           227.15  227.75        0.6    3.42     5.9
           227.75  229.15        1.4    2.23     6.9
           229.15     230       0.85     1.6     6.2
              230   230.8        0.8    7.27     9.3
            230.8   231.9        1.1   0.518     3.9
            231.9     233        1.1    2.93     8.9
              233   233.9        0.9    1.71     4.7
HC-17-13    306.7   316.1        9.4    4.25        
including   306.7  311.35       4.65    5.81        
including   306.7   307.5        0.8    4.84    12.9
            307.5   308.5          1    6.42    10.9
            308.5   309.5          1    1.34     9.6
            309.5   310.5          1    11.9    19.4
            310.5  311.35       0.85    4.08    10.9
           311.35  312.35          1    1.06    10.8
           312.35  312.95        0.6    1.55    12.3
           312.95  313.45        0.5     3.6       9
           313.45   313.8       0.35    4.58     5.2
            313.8  314.15       0.35   0.882     4.8
           314.15  314.75        0.6    7.65    20.8
           314.75   315.2       0.45    1.59     8.4
            315.2  315.45       0.25   0.184     5.1
           315.45   316.1       0.65    2.91     2.5
HC-17-15    290.7   291.4        0.7    7.86    21.1
and         298.6   300.1        1.5    4.03        
including   298.6   299.1        0.5       3        
            299.1   299.4        0.3    6.58        
            299.4   300.1        0.7    3.68        
HC-17-16    306.9   307.4        0.5    1.28        
and         307.4   308.3        0.9    6.77        
                                                    
                       HC FEEDER VEINS                          

Hole         From      To   Interval* Au g/t  Ag g/t    AuEq** (g/t)

HC-17-10    274.8   275.6        0.8    6.42   5.136               
and         275.6   276.3        0.7    4.05   2.835               
HC-17-11   181.35  182.75        1.4   10.44                  15.96
including  181.35  182.25        0.9    11.8    31.2               
and        182.25  182.75        0.5    7.99     433               
HC-17-17    94.95   95.85        0.9     5.7                       
and         380.6  381.75       1.15    8.17                       
                                                                   
                    HC AG (BASE METAL) VEINS                      

Hole         From      To   Interval* Au g/t   Ag g/t   AuEq** (g/t)

HC-17-08     38.2    38.5        0.3    10.7      151         12.62
and         91.55    91.8       0.25    14.5      530         21.25
and          98.2    98.6        0.4    5.18      6.2              
and         100.1   100.5        0.4   0.529     4730         60.81
HC-17-09     87.8    88.4        0.6    1.14     1190         16.31
and         143.4  146.25       2.85    1.01 1,118.35         15.26
including   143.4  144.05       0.65   0.552     1730         14.69
and        144.05  144.65        0.6   0.082       78          0.65
and        144.65  146.25        1.6    1.54     1260         28.16
HC-17-13      206     207          1    1.27    647.8          9.53
including     206   206.6        0.6     1.2      731         10.52
including   206.6     207        0.4    1.38      523          8.05
and           207  207.55       0.55   0.486     75.8              
and        207.55   208.2       0.65   0.381      247          3.53
and         208.2  208.95       0.75   0.182       79              
and        208.95   209.5       0.55    0.43      314          4.43
and        216.65  218.85       1.65     5.4   123.56          9.42
including  216.65   217.1       0.45    3.33      132          5.01
including   217.1   217.8        0.7    10.5      298         14.30
including   217.8   218.3        0.5   0.746      7.7          0.84
including   218.3  218.85       0.55    4.84     28.1          5.20
HC-17-16      100  100.95       0.95    1.39      157          3.39
and         205.1   205.5        0.4   0.785      425          6.20
and         221.3   221.5        0.2   0.042      300          3.87
and         275.3     276        0.7   0.492      105          1.83
and           276     277          1   0.498      176          2.74
HC-17-17    222.9  223.85       0.95    2.38      122          3.93
and        228.35     229       0.65   0.672     68.3          1.54
and           299   233.6        4.6    1.09   417.51          6.41
including     229  229.45       0.45    0.58      314          4.58
including  229.45   230.3       0.85    1.12      864         12.13
including   230.3  230.85       0.55   0.602      107          1.97
including  230.85   231.2       0.35   0.637      234          3.62
including   231.2  231.65       0.45   0.891     14.8          1.08
including  231.65   232.4       0.75    3.11        3          3.15
including   232.4   233.6        1.2   0.422      746          9.93
                                                                   
          RR AG-BASE METAL VEINS         

Hole      From   To Interval*  Ag g/t

RR-17-03  41.3   42      0.7      119  
and         48 48.8      0.8      544  
and         57 57.6      0.6      206  
and         62   63        1      166  
RR-17-04     6    7        1      399  
and          7    8        1      339  
                                       
* True thickness of all above mineralized 
  intervals still to be determined.


** AuEq calculated assuming Au $1,275 (U.S.)
   per ounce and Ag $16 (U.S.) per oz.

Note that only precious metals were reported on.
    

Darren Blaney, chief executive officer of American Creek, stated: “The discovery of the new HC extension is a very welcome bonus to this year’s Treaty Creek drill program. The GR2/HC system appears to have potential to be very extensive, which would add significant value to the adjoining Copper Belle bulk tonnage gold zone, which was the main focus of this year’s drill program. A large polymetallic zone with high-grade gold and silver would be a most welcome addition to the project.”

Two thousand seventeen drill results from the Copper Belle gold zone at Treaty Creek are still pending and will be reported on once received.

Background on the Treaty Creek project

Tudor conducted a major drill program (approximately 20,000 metres) on the Treaty Creek property this summer with the objective of defining a gold resource on the Copper Belle zone.

The Treaty Creek project is a joint venture between Tudor, Teuton Resources Corp. and American Creek. Tudor is the operator and holds a 60-per-cent interest with both American Creek and Teuton each holding respective 20-per-cent carried interests in the property (fully carried until a production notice is given).

Electrum project road completion

The corporation also reports that Tudor Gold recently completed construction of an access road extension on the Electrum project connecting the existing Granduc haul road to the New Blast/Shiny Cliff high-grade gold and silver zones which are the focus of a planned 10,000-ton bulk sample.

In Tudor’s recent news release, Walter Storm, president and chief executive officer, stated: “We are very pleased to have completed this access road, which will now allow us to proceed with a 10,000-ton bulk sample of this high-grade gold/silver mineralized zone, subject to receipt of permits. A bulk sample in combination with past drill results will further our geological understanding and unlock value of this high-grade mineralized system.”

Background on the Electrum property

The Electrum property is a 60:40 joint venture between Tudor Gold (as operator) and American Creek. It is located between the past-producing Silbak-Premier gold mine and British Columbia’s newest gold mine, Pretium’s Valley of the Kings — recently commissioned at a cost of $1-billion and hosting proven and probable reserves of 8.1 million ounces of gold (see Pretium’s website). Within this rich portion of B.C.’s Golden Triangle are several other past-producing mines as well as numerous new projects undergoing exploration.

About American Creek Resources Ltd.

American Creek holds a strong portfolio of gold and silver properties in British Columbia. The portfolio includes three Golden Triangle gold/silver properties: the Treaty Creek and Electrum joint ventures with Walter Storm/Tudor as well as the recently acquired 100-per-cent-owned past-producing Dunwell mine. Other properties held throughout B.C. include the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side and Glitter King.

 

$PYR.ca PyroGenesis Announces Receipt of New Military Contract for Can$325,000 Bringing Total Orders Received to Over Can$1.8 Million $HPQ.ca $DDD $SSYS $PRLB

Posted by Er at 9:08 AM on Wednesday, December 13th, 2017

  • Additional Contracts of $280,000 expected before year end
  • Approximately Can$1.3MM of receivables is in current backlog.

MONTREAL, Dec. 13, 2017 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V:PYR) (OTCQB:PYRNF), a high-tech corporation (the “Corporation” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma waste-to-energy systems and plasma torch products, announces today that it has received a military contract for US$255,000 (Can$325,000).

The Corporation had previously announced in a press release dated July 17, 2017, that it had received payments totaling US$925,122 (Can$1.2MM) under a separate military contract worth US$978,312 (Can$1.25MM).  This contract is now complete, and all payments have been received.  Since then, the Corporation has received a number of small contracts, relating to its current military business lines, with a total value exceeding US$1.2MM (Can$1.8MM), including the contract announced today. Approximately Can$1.3MM of this amount is in current backlog. The Corporation expects to receive an additional US$218,000 (Can$280,000) of similar contracts before year end. These contracts are expected to be completed by Q1-2018.

“Our traditional business lines, other than non-additive manufacturing, continue to contribute significantly to the bottom line as can be seen from today’s announcement,” said P. Peter Pascali, President and CEO of PyroGenesis. “PyroGenesis is entering 2018 with the expectation that the Corporation’s non-additive manufacturing business lines will generate enough revenues, on their own in 2018, to make PyroGenesis profitable overall. In fact, we expect to achieve these results from DROSRITE™ sales alone, and that is before any contributions from additional military sales, such as a third plasma based waste destruction system for a US Aircraft Carrier which is expected in 2018. All in all, 2017 has proven to be the pivotal year we expected it to be, and 2018 is shaping up to be even better.”

About PyroGenesis Canada Inc.
PyroGenesis Canada Inc. is the world leader in the design, development, manufacture and commercialization of advanced plasma processes. PyroGenesis provides technical and manufacturing expertise, cutting-edge contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (3D printing), oil & gas, and environmental industries. With a team of experienced engineers, scientists and technicians working out of our Montreal office and 3,800 m2 manufacturing facility, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. Its core competencies allow PyroGenesis to lead the way in providing innovative plasma torches, plasma waste processes, high-temperature metallurgical processes, and technical services to the global marketplace. Its operations are ISO 9001:2008 certified, and have been ISO certified since 1997. PyroGenesis is a publicly-traded Canadian corporation on the TSX Venture Exchange (Ticker Symbol: PYR) and on the OTCQB Marketplace (Ticker Symbol: PYRNF). For more information, please visit www.pyrogenesis.com

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 Corporation’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 Corporation with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Corporation’s ongoing filings with the securities regulatory authorities, which filings can be found at www.sedar.com, or at www.otcmarkets.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Corporation 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, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the OTC Markets Group Inc. accepts responsibility for the adequacy or accuracy of this press release.

For further information: Rodayna Kafal, VP, Investor Relations and Communications, Phone: (514) 937-0002, E-mail: ir@pyrogenesis.com or rkafal@pyrogenesis.com

Primary Logo

Namaste $N.ca Announces Signing of Consulting Agreement With O Cannabis We Stand On Guard For Thee Corporation $AERO $CBDS $CGRW $APH.ca $GBLX

Posted by Er at 8:20 AM on Tuesday, December 12th, 2017
  • O Cannabis will provide patient consultation services to Namaste’s wholly owned subsidiary, NamasteMD Inc
  • O Cannabis will also be offering a select range of Namaste’s vaporizer hardware in their online platform.

VANCOUVER, British Columbia, Dec. 12, 2017 (GLOBE NEWSWIRE) — Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N)(OTCQB:NXTTF)(FRANKFURT:M5BQ) is pleased to announce that further to its December 5, 2017 announcement: NAMASTE ANNOUNCES NON-BINDING LETTER OF INTENT WITH O CANNABIS CLINIC FOR MANAGEMENT SERVICES, the Company has signed a Services Agreement (the “Agreement”) with O Cannabis We Stand On Guard For Thee Corporation (“O Cannabis”), whereby O Cannabis will provide patient consultation services to Namaste’s wholly owned subsidiary, NamasteMD Inc. (“NamasteMD”). Pursuant to the Agreement, O Cannabis will provide management services to NamasteMD that will include patient consultations, education, strain recommendations and medical document issuance to qualified patients under the guidance of nurse practitioners. In addition to these services, O Cannabis will also be offering a select range of Namaste’s vaporizer hardware in their online platform.

Terms of the Agreement
Under the terms of the Agreement, O Cannabis’ management team will be responsible for the general operation of NamasteMD’s platform and will provide the following services:

  • Patient Qualification
  • Patient Onboarding
  • Education
  • Recommendations (strains and dosages)
  • Follow-up Care
  • Medical Documents
  • Self-titration Training
  • Maintaining 75% patient retention rates

In return for these services, Namaste will pay O Cannabis as follows:

  • CAD $60 for each patient approval, being a patient consultation resulting in the issuance of a prescription for medical cannabis
  • 50% of the net profit for “platinum” packages, as outlined in the Agreement
  • 5% of the gross revenue collected for patients where medical cannabis is sourced from local licensed producers
  • 10% of the gross revenue collected for patients where medical cannabis is sourced from international licensed producers
  • 15% of the gross revenue collected through the sale of Namaste’s vaporizers and cannabis ancillary products, which O Cannabis will add to its website
  • The issuance of 15,000 common share stock options to the O Cannabis management team

Execution of this Agreement represents a major milestone in the expansion of the NamasteMD platform into medical cannabis sales using the Company’s innovative telemedicine application, and will provide an incredibly efficient platform for patient consultations and medical documentation issuance. NamasteMD customers will have the ability to connect to Namaste’s e-commerce platform through Namaste’s wholly owned subsidiary, Cannmart Inc. (“CannMart”), which will provide patients with an online marketplace for medical cannabis products, including strains sourced from both domestic and international licensed producers. CannMart is a late stage applicant for a “Sales Only License” under the Canadian Access to Cannabis for Medical Purposes Regulations (“ACMPR”) program. Namaste’s goal is to become Canada’s leading medical cannabis online retailer by leveraging its existing consumer base, along with utilizing its advanced expertise in e-commerce. In doing so, Namaste believes it can successfully convert and on-board patients at an accelerated growth rate and offer the best quality of care for its patients. Namaste believes that with its aggressive growth strategy and the implementation of NamasteMD, it will be able to accumulate a minimum of 18,200 patients within the first calendar year of operations. This figure is based on Namaste’s current site traffic of 1,000 unique visitors per day with a 5% conversion rate, which would generate 350 patients per week. Namaste expects each patient acquisition to cost on average $60.00 per patient, based on the terms of the Agreement, which is currently lower than any industry standard for medical patients.

About O Cannabis
O Cannabis offers affordable medical cannabis telemedicine appointments to patients across Canada, allowing timely access to quality medicine in remote and under-serviced regions; from Yukon to Newfoundland and everywhere in between. O Cannabis has built a name for themselves by offering unparalleled patient education and industry leading follow up care. O Cannabis patients report their appreciation for the easy and fun telemedicine experience, O Cannabis’ streamlined approach to medical document issuance and the exceptional care patients receive at each step of their medical cannabis journey.

About NamasteMD
NamasteMD is an innovative application that connects patients with medical practitioners through a secure video conference call and incorporates industry-leading facial recognition technology, including instant age and identity verification using data feeds linked to federal databases.  The O Cannabis management team is a highly trained group of medical professionals that offer industry leading care for their patients. Through the NamasteMD platform, patients will be offered a variety of packages that will include both free and paid options. Once a patient receives a medical document, they will have access to purchase directly from CannMart’s medical cannabis marketplace, once CannMart receives its “Sales Only License”. The Company expects the full launch of NamasteMD, including the app for both Apple and Android platforms, to be in operation and accepting patients as soon as December 15, 2017.

Management Commentary
Morgan Toombs, President and CEO of O Cannabis comments: “We are delighted that Namaste has recognized O Cannabis’ expertise within the medical cannabis industry.  Our forte is offering unparalleled education and follow-up care to medical cannabis patients so they can safely navigate the confusing landscape. Our team is honoured to be able to help Namaste’s patient demographic and bring much needed access to qualified Canadians so they can benefit from medical cannabis as a treatment option. We look forward to providing our exceptional care to Namaste’s patients throughout the course of their medical cannabis journey.”

Sean Dollinger, President and CEO of Namaste comments: “We are very proud to be working with such a professional group of people. O Cannabis’ team is dedicated to offering the best possible service and support for patients. This Agreement represents a major milestone for Namaste in launching what we believe to be the most innovative platform for patient acquisitions that the Canadian medical cannabis market has seen. We are looking forward to working with O Cannabis in revolutionizing the way patients connect with doctors and nurse practitioners and will look to create the fastest growing database of patients in the country. Thanks to O Cannabis and their team as well as Namaste’s management team in bringing this opportunity to life. We are very excited about the future!”

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
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

$GLI.ca Glacier Lake Acquires Silver Star Property $GTT.ca $JAX.ca

Posted by Er at 9:37 AM on Monday, December 4th, 2017

 

  • Signed a definitive agreement to acquire the Silver Star property, 72km S/E of Houston
  • Property represents a strategic acquisition in an emerging exploration area.

 

Glacier Lake Resources Inc. (TSXV:GLI) (“Glacier” or the “Company”) has signed a definitive agreement with an arm’s-length vendor to acquire the Silver Star property, located approximately 72 kilometers southeast of Houston B.C.

Historic exploration work in 2015 discovered a surface mineral showing where a grab sample of malachite and azurite stained siliceous andesite returned a value of 317 grams per tonne silver (g/t) Ag or 9.15 ounces silver per ton and 0.39% copper, with anomalous lead (0.80 % Pb) and zinc (0.08% Zn). The sample was not assayed for gold. Investors are cautioned grab samples are selective samples and are not necessarily representative of the mineralization hosted on the property. Investors should also note Glacier Lake has not verified the data. There is no record of prior or subsequent historic exploration on the Silver Star property.

“The Silver Star property represents a further strategic acquisition in an emerging exploration area of central British Columbia, energized by the exploration success of New Nadina on the Silver Queen property. Acquiring a project with significant silver values in prospective geology in an attractive structural setting with only limited exploration history serves as a focal point for further discoveries” stated Saf Dhillon, Glacier Lake’s president and chief executive officer. “With excellent road access, exploration activities can continue on the property year-round.”

The Silver Star property is underlain by Cretaceous Kasalka group andesitic volcanics and Middle Jurassic Bowser Lake group clastic sediments. A Geological Survey of Canada (GSC) 1992 structural study shows the Silver Star property is located within bounding NW-SE regional fault structures that extend south from the Equity Silver Mine, where historic production of 33.8 million tonnes grading 0.4 per cent copper, 64.9 grams per tonne silver and 0.46 gram per tonne gold was recorded between 1990 and 1994. Glacier Lake has not verified the historic Equity Silver Mine production and further cautions investors the mineralization at Equity Silver is not necessarily indicative of mineralization at Silver Star.

The 1992 GSC structural study indicates the Silver Star property straddles the junction of the western portion of the Cheslatta Caldera Complex, the northern portion of the Quanchus Caldera, and the south-eastern extension of the Buck Creek Caldera (host of the Equity Silver Mine). Glacier Lake feels the interpretation of multiple caldera features with associated silver values at the Silver Star property has similarities with the caldera hosted New Nadina Explorations Silver Queen vein system located 42 kilometres to the northwest.

The newly discovered mineral showing consists of mini-quartz stockworks, brecciation and quartz/ chalcedony alteration. Prospecting in 2015 focused on a highly siliceous gossanous andesite outcrop with azurite/malachite oxidation and possible tetrahedrite. Other samples in the general area reported moderate Fe stained chalcedonic veining with a smoky matrix. A second grab sample in the discovery outcrop area returned 42.7 g/t Ag, 310 parts per million (ppm) Cu. 563 ppm Pb, and 585 ppm Zn.

In consideration for the property, Glacier Lake will issue one million common shares. Completion of the acquisition is subject to the approval of the TSX Venture Exchange. All common shares issued will be subject to a four-month-and-one-day statutory hold period.

The technical content of this news release has been reviewed and approved by R. Tim Henneberry, P.Geo., a member of the Glacier Lake Advisory Board and a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

FOR ADDITIONAL INFORMATION PLEASE CONTACT:

Saf Dhillon
President & CEO
Glacier Lake Resources Inc.
Tel: 866-687-7059
Dir: 604-688-2922
saf@glacierlake.ca

Please visit our Website at: www.glacierlake.ca

FEATURE: $AAO.ca Augusta Industries 3rd Quarter Results: Developments Beyond the Numbers

Posted by Er at 5:22 PM on Thursday, November 30th, 2017

 

Augusta Industries 3rd quarter results announced today include developments that require observation beyond the revenue numbers, Marcon’s backlog of sales revenue of $1.9M notwithstanding.  FOX-TEK’s business developments are the reason why shareholders can confidently look past the numbers contained within the Q3 results and delve into the MD&A, the achievements by Augusta this quarter are impressive when evaluating beyond just the numbers. Augusta is committed to developing its suite of services to cement itself as a company with multiple avenues of revenue generation. Have a read of this small technology company’s achievements and you will come away impressed beyond just the numbers.

Marcon:

  • $1.98 Million in backlog sales
  • Four of the backlog orders are worth $1,723,000
  • The backlogs orders are valued at $680k, $604k, $284k and $155k

Fox-Tek:

  • India – multiple technical proposals & bids on a multiple of different projects, based on many of the companies technologies
  • One oil company requested a bid for2 large EFM
  • LeakDetection Technology: 4 advancements and project list to review
  • DMATPlatform: Successfully negotiated new contracts with several clients
  • Still working closely with The Trans Africa Pipeline project
  • Completed 3 site surveys for long standing client in North America & negotiating a contract with the client to convert of the competitor’s technology to Fox-Tek’s EFM technology.

About the Corporation:

Marcon is an industrial supply contractor servicing the energy sector and a number of US Government entities. Marcon’s principal business is the sale and distribution of industrial parts and equipment (Electrical, mechanical and Instrumentation.) In addition to departments and agencies of the U.S. Government, Marcon’s major clients include Saudi Arabia-Sabic Services (Refining and Petrochemical), Bahrain National Gas Co, Bahrain Petroleum, Qatar Petroleum, Qatar Gas, Qatar Petrochemical, Gulf of Suez Petroleum, Agiba Petroleum and Burullus Gas Co.

Fox Tek develops non-intrusive asset health monitoring sensor systems for the oil and gas market to help operators track the thinning of pipelines and refinery vessels due to corrosion/erosion, strain due to bending/buckling and process pressure and temperature. The Corporation’s FT fiber optic sensor and corrosion monitoring systems allow cost-effective, 24/7 remote monitoring capabilities to improve scheduled maintenance operations, avoid unnecessary shutdowns, and prevent accidents and leaks.

 

For more information about Augusta and the proposed Spin-Off of FOX-TEK, watch this interview with Allen Lone on AGORACOM