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American Creek Resources Closes Financing $AMK.ca

Posted by AGORACOM-JC at 4:22 PM on Tuesday, August 30th, 2016

  • Announced that it has closed the second and final tranche of the private placement  previously announced on July 14, 2016. Proceeds of $51,000 were raised in the second tranche through the sale of 127,500 Units
  • Each $0.40 Unit consisted of three flow-through common shares and one non flow-through common share of the Corporation along with four non-transferrable warrants 

CARDSTON, ALBERTA–(Aug. 30, 2016) - American Creek Resources Ltd. (TSX VENTURE:AMK) (“the Corporation”) today announced that it has closed the second and final tranche of the private placement (“the Offering”) previously announced on July 14, 2016. Proceeds of $51,000 were raised in the second tranche through the sale of 127,500 Units.

Each $0.40 Unit consisted of three flow-through common shares (“FT Share”) and one non flow-through common share (“Common Share”) of the Corporation along with four non-transferrable warrants (a “Warrant”). Each Warrant may be exercised for one additional non flow-through common share for a period of 12 months from the closing date of the Offering at a price of $0.15.

Flow-through proceeds will be used for exploration on the Corporation’s Gold Hill, Electrum and other properties. Non flow-through proceeds will be used for general operating and the settling of current debt.

The securities issued in this financing are subject to a statutory four month hold period. This private placement closing is subject to approval by the TSX Venture Exchange.

As previously announced, American Creek recently entered into joint venture agreements with Tudor Gold Corp. (“Tudor”) on its Electrum and Treaty Creek projects located in the Golden Triangle of BC.

An exploration program consisting of trenching and diamond drilling is currently underway at the Electrum property. An extensive magnetotelluric survey has recently been completed at Treaty Creek and raw data collected in the survey is currently being compiled for analysis. A Treaty Creek diamond drilling program is now in progress. Tudor is the operator of both projects.

A field program is also currently underway on the Corporation’s Gold Hill project located east of Cranbrook, BC in the historic gold rush Wild Horse River watershed.

American Creek Resources Ltd. is a Canadian junior mineral exploration company focused on the acquisition, exploration and development of mineral deposits within the Province of British Columbia, Canada.

Information relating to the Corporation is available on its website at www.americancreek.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.

Kelvin Burton
403 752-4040
info@americancreek.com
www.americancreek.com

Mining Minute Episode 30 “Why Frank Thinks RoF Will Be Developed” $KWG.ca

Posted by AGORACOM-JC at 12:42 PM on Tuesday, August 30th, 2016

Kwglarge

In Episode 30 of the Mining Minute, KWG Resources CEO Frank Smeenk answers the question of why he feels the Ring of Fire will be developed.

Omani bank appointed Omagine Phase 1 financial advisor $OMAG.us

Posted by AGORACOM-JC at 9:04 AM on Tuesday, August 30th, 2016

  • Omani bank has been hired as a financial advisor and lender for phase one of the multi-billion dollar Omagine project, which is scheduled to begin in 2017
  • Bank will deliver a term-sheet specifying debt financing and advisory services on or before September 4, to execute phase one of the project

Omani bank appointed Omagine Phase 1 financial advisor

August 29, 2016 | 9:44 PM

by Times News Service

Located in Seeb, the Omagine project features seven pearl-shaped buildings, which will host hotels, offices, residences and entertainment venues, on one million square metres of land.

Sharelines

Omani bank appointed Omagine Phase 1 financial advisor

#Omani bank appointed #Omagine Phase 1 financial #advisor

Muscat: An Omani bank has been hired as a financial advisor and lender for phase one of the multi-billion dollar Omagine project, which is scheduled to begin in 2017.

The bank will deliver a term-sheet specifying debt financing and advisory services on or before September 4, to execute phase one of the project.

A term-sheet is a bullet point document outlining the material terms and conditions of a business agreement.

When asked whether Omagine will agree to the term sheet of the Omani bank, Omagine Chairman Frank J. Drohan said he will not be able to say until he sees it. “We are working on that process now,” he told the Times of Oman.

Located in Seeb, the project features seven pearl-shaped buildings, which will host hotels, offices, residences and entertainment venues, on one million square metres of land.

Phase one of the project is valued at approximately $220 million and will have one hotel, 250 residences and one pearl, said U.S.-based Omagine Inc. in its quarterly report filed with the U.S. Securities and Exchange Commission.

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

The project is expected to create more than 1,000 jobs for nationals when it is completed in seven years.

“During the July 19 to August 18, 2016 period, shareholders of Omagine LLC met several times, both separately and together, with the senior management of the Omani Bank and the Omani bank has agreed in principle to be the LLC’s financial adviser and to provide debt financing required for LLC to design, develop and construct phase one valued at approximately $220 million,” the company said in the report.

http://timesofoman.com/article/91378/Oman/Tourism/Omani-bank-appointed-Omagine-Phase-1-financial-advisor

St-Georges Lithium Initiatives Update $SX.ca

Posted by AGORACOM-JC at 2:52 PM on Monday, August 29th, 2016

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  • Updating shareholders on the recent developments in regards to the acquisition of Le Royal Lithium project and the agreement with Platypus Resources (ASX:PLP)
  • Recent developments concerning the commercial terms of the proposed joint-venture and the L-Max(R) lithium extraction technology license that is part of the agreement

Montreal, Quebec / August 29, 2016 – St-Georges Platinum and Base Metals Ltd. (CSE:SX) (OTC:SXOOF) (FSE:85G1) is pleased to update its shareholders on the recent developments in regards to the acquisition of Le Royal Lithium project and the agreement with Platypus Resources (ASX:PLP) concerning the commercial terms of the proposed joint-venture and the L-Max(R) lithium extraction technology license that is part of the agreement.

Le Royal Lithium Project Update

The Company has recently agreed to commercial terms with Platypus Resources (ASX:PLP) in regards to the joint-venture proposed on Le Royal Lithium project. (Please refer to St-Georges Press Release dated August 4, 2016). The agreement establishes St-Georges’ initial ownership option at 30% against payments of 3 million shares over 3 years and CAD $450,000 worth of qualified exploration work on the project. Spending an additional CAD $450,000 on the project and delivering a NI 43-101 report will also enable St-Georges to bring its total ownership of the project to 50%.

Due diligence results

St-Georges expects to receive the initial draft version of the technical report on Le Royal Lithium project in early September. This report will constitute the last step of the due diligence effort conducted jointly with PLP on the project.

The licenced L-Max(R) Technology

The agreement also established a framework for the usage of the L-Max(R) technology owned by Platypus through its fully own subsidiary Lepidico Pty Ltd. St-Georges’ management was asked by some of its shareholders and many stakeholders to release more details on this particular aspect of the agreement.

L-Max(R) is a proprietary process developed to extract and recover battery-grade lithium carbonate and potassium sulfate fertilizer from Li-rich micas. Micas include lepidolite, zinnwaldite and Li-containing muscovite.

Unlike other lithium extraction processes, the L-Max(R) process does not require significant amounts of land for evaporation ponds, or costly pyrometallurigical processing routes in order to extract and recover the valuable lithium. The hydrometallurgical L-Max(R) process involves direct atmospheric leaching of lithium mica and purification with subsequent lithium carbonate precipitation. It differs considerably from the traditional processing of spodumene, which requires high temperature decrepitation and sulfate roasting prior to lithium recovery. This novel process is simpler and is expected to have lower energy requirements than existing lithium recovery processes. The processing of lithium micas also results in the production of potassium and rare metals containing by-products, which could significantly offset the operating costs of lithium carbonate productionThe metallurgical test work has demonstrated the viability of producing battery-grade lithium carbonate (99.5% purity) and potassium containing fertilizer from the Li-mica feed material.

The hydrometallurgical L-Max(R) process involves direct atmospheric leaching of lithium mica impurity with subsequent lithium carbonate precipitation. It differs considerably from the traditional processing of spodumene, which requires high temperature decrepitation and sulfate roasting prior to lithium recovery. This novel process is simpler and is expected to have lower energy requirements than existing lithium recovery processes. The processing of lithium micas also results in the production of potassium and rare metals containing by-products, which could significantly offset the operating costs of lithium carbonate production. The metallurgical test work has demonstrated the viability of producing battery-grade lithium carbonate (99.5% purity) and potassium containing fertilizer from the Li-mica feed material.

The L-Max(R) process uses mainstream industrial chemicals namely, sulfuric acid and lime/limestone. These are cheap and readily available chemicals that are the cornerstone of large-scale chemical processing. L-Max(R) does not use expensive, specialized reagents that may be difficult to obtain, expensive to procure, or complex in operation. The use of cheap, readily available reagents does not necessitate their recovery or recycling, thus further reducing the costs of the process.

The process has been extensively tested in a series of batch laboratory tests using ore from Lithium Australia (ASX:LIT) and European Metals Holdings (ASX:EMH). The flotation of lithium mica from the pegmatite ore is a useful upgrade step and was successful, achieving high lithium recovery. Leaching of the lithium micas has achieved very high dissolution rates in relatively short leaching times.


Click Image To View Full SizeFigure 1. L-Max(R) Technology Flow Chart

The results of metallurgical test work demonstrated the viability of producing battery-grade lithium carbonate and potassium containing fertilizer from the mica material. (Figure 1)

Figure 1. L-Max(R) Technology Flow Chart

For more information about the L-Max(R) Lithium extraction technology please visit Platypus Resources/Lepidico web site at www.platypusminerals.com.au

Enrico Di Cesare, director of St-Georges and responsible for the Research & Development efforts in Canada, commented: “St-Georges is excited by the potential of this technology. Not only does it bring promise to our own mineral prospects but has the potential to unlock other resources around the world that have long been overlooked. We are excited by the potential this technology brings in producing two highly sought after products of lithium carbonate and potassium sulfate(…) St-Georges has focused on finding resources that are sought after and combining with technology, intending to be a low cost producer and greener through the production of salable by-products.(…) The St-Georges management team is looking forward to building a team around the exploitation of the resources and completing the work with this new technology and raw materials.”

“The relationship with Platypus enables us to growth exponentially the amount of targets we can now entertain in the reclamation business, the revival of old mineral projects, tailings and/or alternative mineral sources around the world. (…) We believe that we will be in a position to test the compatibility of our own research with this technology and approach future potential clients as complementary technological providers (…) all this while developing a showcase potential alternative lithium source in the middle of a known lithium mining camp,” said Frank Dumas, president and CEO of St-Georges.

Quarterly Financial Reports

St-Georges published its quarterly financial statements today. The documents are now available on SEDAR (www.sedar.com). For the six months ended June 30, 2016 and 2015, the Company had no revenues. The Company incurred net losses for the period of $92,271 (2015 – $121,944). The decrease in the loss is primarily due to a reduction of subcontractor costs to $34,046 (2015 – $60,224) due to lower charges from the new CFO. At June 30, 2016, the Company had a working capital deficit of $272,950 (December 31, 2015 – $285,025).

On May 9, 2016, the Company completed a private placement for total subscriptions of $145,000 for 7,250,000 units priced at $0.02 per unit. Each unit consists of one common share and one non-transferrable 28-month warrant entitling the purchaser to acquire one common share and one additional warrant at an exercise price of $0.04. The second warrant has an exercise price of $0.06 and expires 28 months from the initial issue date. Common shares of the units subscribed by insiders are restricted for 24 months.

As at June 30, 2016, the Company had 49,839,045 common shares outstanding, and at the current date has 50,339,045 common shares outstanding.

ON BEHALF OF THE BOARD OF DIRECTORS

“Enrico Di Cesare”

ENRICO DI CESARE, DIRECTOR

About St-Georges

St-Georges is developing new technologies to solve the biggest environmental problems in the mining industry. If these new technologies are successful, they should improve the financial bottom line of current mining producers. The potential success of these technologies would also involve upgrading certain current known metal resources to economic status while addressing the environmental and social acceptability issues.

The Company also explores for Nickel on the Julie Nickel Project on Quebec’s North Shore.

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

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

FEATURE: GrowPros (GCI:CSE) Natural Pharmaceuticals Derived From Cannabis and Other Medicinal Plants $GCI.ca

Posted by AGORACOM-JC at 12:08 PM on Monday, August 29th, 2016

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Natural Pharmaceuticals Derived From Cannabis and Other Medicinal Plants

Comprised Of Two Divisions

Pharmaceutical Division – PhytoPain Pharma

  • A new subsidiary created June 2, 2016. 80% Ownership
  • Mission is the development and commercialization of botanical based pharmaceuticals
  • A clinical stage drug development company engaged in the development of medication to alleviate symptoms related to: Pain,
    Insomni, anxiety disorder, in patients suffering from Cancer and othe, chronic and terminal diseases

Dr Guy Chamberland, Chief Scientific Officer and Regulatory Affairs

  • Professor of herbal medicine and clinical research at the École d’Enseignement Supérieur de Naturopathie du Québec.
  • 22 years’ experience in the pharmaceutical and natural product industries includes successful development of intellectual property for several botanical drug products

WHY DOCTORS NEED PHARMA MARIJUANA SOLUTIONS

  • A Physician’s decision to prescribe a new drug or even a natural health product has to be based on Evidence-Based Medicine > A legal, ethical requirement
  • Currently, no body of evidence exists to not support the prescription or recommendation of medical marijuana in any medical condition, including terminal cancer
  • The GrowPros pharmaceutical product development plan would provide the data necessary for physicians to prescribe or recommend our products

PRODUCT PIPELINE

Insomnia Management For Patients With Chronic Pain

  • Licensed a hypnotic drug from Mondias Naturals Inc
  • Management of Insomnia in patients with chronic pain
  • Currently in late stage Phase III clinical testing

PhytoPain To Produce A Combination Product

  • Proprietary combination expected to reach Phase I clinical testing in 2017
  • Will be ready for market in 2017 due to combination with Mondias Naturals product

Pain Management – Inhalation Cannabis Drug Product

  • A prescription drug for management of uncontrolled pain in cancer patients
  • Health Canada will provide guidance during Phase I clinical trial
  • Commencing December 2016. Anticipating 3-5 year product development

A recent discussion with the Quebec College of Physicians confirms that pharmaceutical development of a medical marijuana for inhalation would be well received by the medical community.

OPERATIONS OVERVIEW – MMPR

MMPR Division – Collaboration Agreement

  • March 18, 2016 – Signed agreement with Delta 9 Bio-Tech, a “Licensed Producer”
  • Delta 9 will submit to Health Canada an Amendment to collaborate on GrowPros previous application for facility in Southern Quebec; Amendment submission anticipated by June 30, 2106, Health Canada response anticipated August 30, 2016
  • Key Benefits of Delta 9 Collaboration: Significant process clarity, High probability of success eliminates spec construction risk, Single customer through option to acquire all dried marijuana product for 2 years
  • Key strategic benefit to GrowPros; Controlled production, quality and supply for Pharma Division, Value of license, Wholesale seller vs. retail seller

Nevada Energy Metals Lithium Exploration Program Underway at Black Rock Desert, Nevada $BFF.ca

Posted by AGORACOM-JC at 8:41 AM on Monday, August 29th, 2016

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  • Surface sampling program designed to test for lithium values in playa evaporates has been initiated at the Company’s 100% owned Black Rock Desert Project
  • Geochemical sample points are being arranged on a grid pattern of 11 lines spaced 400 meters apart with stations every 200 meters along the lines

August 29, 2016 / Nevada Energy Metals Inc. “the Company” (TSX-V: BFF; OTCQB: SSMLF; Frankfurt: A2AFBV) is pleased to announce that a surface sampling program designed to test for lithium values in playa evaporates has been initiated at the Company’s 100% owned Black Rock Desert Project. Geochemical sample points are being arranged on a grid pattern of 11 lines spaced 400 meters apart with stations every 200 meters along the lines. It is expected that 170 sample points will be measured. Results should be available in approximately 3 weeks.

The Black Rock Desert Lithium Project consists of 128 placer claims, (2,560 acres/ 1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada. The nearest population center is the town of Gerlach, which lies 177 kilometers north of Reno.

The western arm of the Black Rock Desert covers an area of about 2,000 square kilometers and contains 5 of the 30 currently listed Known Geothermal Resource Areas in Nevada. The property covers an area of playa underlain by a moderately deep basin interpreted from gravity and seismic surveys indicating a maximum thickness of valley-fill deposits of about 1,200 m/ 3,600 ft. A high salt content prevents any significant vegetation from growing on the playa surface. Locally, the basin is being fed in part by boiling springs and siliceous sinter containing strongly anomalous Lithium values (up to 3.5 ppm) that flank the property on the west side. (U.S. GEOLOGICAL SURVEY Open-File Report 81-918.) While these lithium values are well below those of producing lithium bines, they do represent a significant source of metal available for evaporative concentration within the playa basin.

The company plans to carry out additional exploration programs this fall to determine the potential for an economic lithium brine deposit. Future exploration will consist of shallow auger sampling followed by a high resolution geophysical program to define potential drill targets.

Nevada Energy Metals has acquired a 100% interest in the property, free of royalty payments.

Qualified Person: The technical content of this news release has been reviewed and approved by Alan Morris CPG, Elko, Nevada

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

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

On Behalf of the Board of Directors:

Rick Wilson, President & CEO

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

Disclaimer for Forward-Looking Information:

The information discussed in this press release may include “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933 (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”). All statements, other than statements of historical facts, included herein concerning, among other things, planned capital expenditures, future cash flows and borrowings, pursuit of potential acquisition opportunities, our financial position, business strategy and other plans and objectives for future operations, are forward looking statements. These forward looking statements are identified by their use of terms and phrases such as “may,” “expect,” “estimate,” “project,” “plan,” “believe,” “intend,” “achievable,” “anticipate,” “will,” “continue,” “potential,” “should,” “could,” and similar terms and phrases. Although we believe that the expectations reflected in these forward looking statements are reasonable, they do involve certain assumptions, risks and uncertainties and are not (and should not be considered to be) guarantees of future performance. It is important that each person reviewing this release understand the significant risks attendant to the operations of the Company. Nevada Energy Metals Inc. disclaims any obligation to update any forward-looking statement made herein.

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

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

ONTARIO AND NEW BRUNSWICK PROPERTIES CURRENTLY UNDER EXPLORATION

Timmins Porcupine West (TPW) (4300 ha)

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

Chester Copper & VMS Project (3500ha)

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


Kidd Creek Project (2466 ha)

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

QUEBEC PROPERTIES CURRENTLY UNDER EXPLORATION

East Bay (3203 ha):

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

Nelligan (1198 ha):

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

Launay (2250 ha):

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

12 Month Stock Chart

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

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

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

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

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

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

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

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

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

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

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

Forward-looking statements

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

Contact Information

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

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

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

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

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

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

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

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

Socio-Economic Benefits:

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

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

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

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

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

Other Potential Opportunities:

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

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

About KWG:

KWG has a 30% interest in the Big Daddy chromite deposit and the right to earn 80% of the Black Horse chromite where resources are being defined. KWG also owns 100% of CCC which has staked claims and conducted a surveying and soil testing program, originally for the engineering and construction of a railroad to the Ring of Fire from Aroland, Ontario. KWG subsequently acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. KWG subsidiary Muketi Metallurgical LP is prosecuting two chromite-refining patent applications in Canada, China, India, Indonesia, Japan, Kazakhstan, South Africa, South Korea, Turkey, and USA. The filings have been receipted in each of those jurisdictions.

Shares issued and outstanding: 961,320,281

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

VGambling Inc. Partners With Income Access $GMBL.us

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

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

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

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

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

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

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

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

About Income Access

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

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

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

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

About VGambling Inc.

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

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