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Durango Engages Theberge to Oversee Nemaska Whabouchi Area Claims $DGO.ca

Posted by AGORACOM-JC at 9:52 AM on Thursday, June 23rd, 2016

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  • Recently engaged Mr. Donald Theberge, P.Eng., M.B.A to develop and supervise a work program for its Nemaska Whabouchi area properties

Vancouver, BC / June 23, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces that Durango has recently engaged Mr. Donald Theberge, P.Eng., M.B.A to develop and supervise a work program for its Nemaska Whabouchi area properties.

On May 5, 2016, Durango reported the identification of pegmatites were discovered on Durango’ s property which is tied to Nemaska Lithium’s (TSX.V-NMX) proposed Whabouchi Lithium Mine. This pegmatite discovery was made by the analysis of the 43-101 Abigail Property report written for Tucana Lithium Corp. in 2011 by Donald Theberge, P.Eng. Mr. Theberge is now currently compiling information on Durango’s ground adjacent to and near the proposed Whabouchi Lithium Mine in Quebec for Durango.

Marcy Kiesman, CEO of Durango, comments, “In effort to position for discovery, Durango is extremely pleased to have Donald Theberge, P.Eng. lead the exploration program due to his extensive knowledge of the geology in the area and his past work experience with Nemaska Lithium. I firmly believe that having Mr. Theberge lead our exploration team is a significant advantage and a strategic step for Durango.”

Further to the news dated June 22, 2016, announcing a financing of up to 5 million units, part of the units comprising the financing will be distributed pursuant to British Columbia Instrument 45-536. There is no material fact or material change about the Company that has not been generally disclosed.

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Mayner’s Fortune and Smith Island limestone properties in northwest British Columbia, the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and certain lithium properties near the Whabouchi mine, the Buckshot graphite property near the Miller Mine in Quebec, the Dianna Lake silver project in northern Saskatchewan, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario, as well as three sets of claims in the Labrador nickel corridor.

For further information on Durango, please refer to its SEDAR profile at www.sedar.com.

Marcy Kiesman, Chief Executive Officer

Telephone: 604.428.2900 or 604.339.2243

Facsimile: 888.266.3983

Email: [email protected]

Website: www.durangoresourcesinc.com

Forward-Looking Statements

This document may contain or refer to forward-looking information based on current expectations, including, but not limited to the purchase, development, financing, commencement and completion of future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.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.

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American Creek Reports That Tudor Gold Corp. has Commenced Drilling on the Electrum Property $AMK.ca

Posted by AGORACOM-JC at 5:14 PM on Wednesday, June 22nd, 2016

  • JV partner, Tudor Gold Corp. commenced exploration program on Electrum Property in the “Golden Triangle”
  • Electrum Project (includes historic East Gold Mine) is  approx. 25km south of Pretivm’s Brucejack Gold Mine

CARDSTON, ALBERTA–(June 22, 2016) – American Creek Resources Ltd. (TSX VENTURE:AMK) (“American Creek”) is pleased to report that its JV partner, Tudor Gold Corp. (TSX VENTURE:TUD) (“Tudor”) has commenced the 2016 exploration program on the Electrum Property in the “Golden Triangle” area of NW British Columbia 45km north of Stewart.

American Creek and Tudor recently entered into a joint venture agreement with Tudor holding a 60% interest and American Creek holding a 40% interest in the project. Tudor is the operator.

Past work on the property resulted in the discovery of extremely high grade gold, silver and electrum veins on surface and at depth (see American Creek website for details).

The Electrum Project (includes historic East Gold Mine) is located approximately 25km south of Pretivm’s Brucejack Gold Mine, near past operating mines including the Riverside, Scotty Gold, Granduc, Big Missouri and Silbak-Premier. The Electrum is road accessible and is only 45km from world class concentrate shipping port facilities located in Stewart. Also, a new power line running up the valley beside the Electrum property is now being constructed by Pretivm Resources.

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
[email protected]
www.americancreek.com

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Fairmont Resources Discusses Chinese Asset Purchase of Former Lithium Producer rb Energy Adjacent to Rome Lithium Property $FMR.ca

Posted by AGORACOM-JC at 2:24 PM on Wednesday, June 22nd, 2016

  • Chinese State Enterprise Makes Major Lithium Acquisition
  • 41.5 Million Tonnes Lithium Oxide Measured & Indicated
  • Chinese To Invest ~ $200 Million To Put Into Production
  • Contiguous To Fairmont Lithium Property Acquired May 26

Hub On AGORACOM / Corporate Profile / Watch Interview

 

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Fairmont Encouraged by Chinese Asset Purchase of Former Lithium Producer rb Energy Adjacent to Rome Lithium Property $FMR.ca

Posted by AGORACOM-JC at 10:10 AM on Wednesday, June 22nd, 2016

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Fairmont Encouraged by Chinese Asset Purchase of Former Lithium Producer rb Energy Adjacent to Rome Lithium Property

  • Jilin Jien already active in Quebec, following the 2010 acquisition of Canadian Royalties
  • Rome Lithium Property acquired by Fairmont Resources less than a month ago
  • Historical underground and open pit lithium mine on property adjacent to Rome Lithium Property

Vancouver, BC – Fairmont Resources Inc. (FMR: TSX-V) (“Fairmont”) is encouraged by the Court Approval yesterday of the Asset Purchase Agreement of RB Energy Inc. by Jilin Jien Nickel Industry Co. (“Jilin”).

RB Energy, who once claimed its Quebec mine would produce “the highest-quality lithium carbonate in the world”, was forced to halt operations in October 2014 after failing to complete a much needed financing. Subsequent attempts to raise financing proved to be very difficult due to market conditions at the time for Canadian resource companies. Specifically, Investment Quebec and/or KSV Advisory held discussions with 26 parties regarding the potential sale of RB Energy.

Jilin acquired the Quebec Lithium Mine for an undisclosed amount but it is estimated that approximately $150 – $200 Million in additional capital will be required to take the Lithium project to its production stage.

Michael Dehn, President and CEO Of Fairmont Resources, stated the following regarding the significance of this deal for both the Lithium industry and Fairmont’s Rome Lithium Property “Fairmont is very encouraged by the acquisition of the past producing Quebec Lithium Mine and Mill by Jilin Jien Nickel, as it provides third party validation of Fairmont’s decision last month to option of the Rome Lithium Property, which borders the property acquired by Jilin Jien. Rome added shareholder value at the time of its option and we believe this acquisition of the bordering property will add further near and long term value”.

PROXIMITY OF RB ENERGY MINE TO FAIRMONT’S ROME LITHIUM PROPERTY

The Rome Lithium property is located approximately 60 km north of Val d’Or Quebec. The property is contiguous to the north and south of RB Energy’s Quebec Lithium Mine with a published measured and indicated resources (at a 0.60% Li2O cutoff) of 41,556,000 tonnes at 1.09% Li2O, and an inferred resource of (at a 0.60% Li20 cutoff) of 17,766,000 million tonnes at 1.10% Li2O (RB Energy Press Release of October 11, 2012).

The property is also contiguous to Jourdan Resources Vallee Lithium property that drilled more than 4000m of core in 2011 and intersected more 100 pegmatite and aplite dikes. Jourdan Resources intersected values of up to 1.187% Li2O over 5.50m (Jourdan Resources Press Release of October 24, 2012).

For additional information on the Rome Lithium Property, please see the press release dated May 26, 2016 on Fairmont Resources website, or via the link: http://fairmontresources.ca/uploads/270.pdf

A map and photos of the Rome Lithium Property can be found here: http://fairmontresources.ca/pdf/Rome%20Lithium%20Property.pdf

Detailed documentation on the RB Energy transaction are available at:

http://www.rb-e.com/s/Home.asp

http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00007891

http://goo.gl/RE8s31 : First Report of the Receiver dated June 13, 2016

http://goo.gl/2ljb7h : Approval Assignment and Vesting Order dated June 21, 2016

About Fairmont

Fairmont Resources Inc. is a rapidly growing industrial mineral and dimensional stone company trading on the Toronto Venture Exchange symbol FMR.

Fairmont’s Quebec properties cover numerous occurrences of high-grade titaniferous magnetite with vanadium, with the Buttercup property having a permit to quarry dense aggregate. Where these occurrences have been tested they have display exceptional uniformity with respect to grade. Fairmont also controls three quartz/quartzite properties, with the Forestville property having independent end user testing confirming the suitability of quartzite from Forestville for Ferro Silicon production. Fairmont is also in the process of acquiring the assets of Granitos de Badajoz (GRABASA) in Spain which includes 23 quarries and a 40,000 square metre granite finishing facility that has produced finished granite installed across Europe.

For more information please contact

Michael A. Dehn

President and CEO, Fairmont Resources Inc.

Tel:647-477-2382

[email protected]

www.fairmontresources.ca

Doren Quinton,

President QIS Capital

Tel:250-377-1182

[email protected]

www.smallcaps.ca

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Fairmont cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Fairmont’s control. Such factors include, among other things: risks and uncertainties relating to Fairmont’s exploration program of its mineral properties and Fairmont’s limited operating history. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Fairmont undertakes no obligation to publicly update or revise forward-looking information. Except as required under applicable securities legislation, Fairmont undertakes no obligation to publicly update or revise forward-looking information.

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.

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GrowPros Announces the Acquisition of Laboratoires Holizen Inc. and a $600,000 Non-Brokered Private Placement $GCI.ca

Posted by AGORACOM-JC at 8:40 AM on Wednesday, June 22nd, 2016

Growpros_hub_large

  • Announced the acquisition of the assets of Laboratoires Holizen Inc.
  • Assets will be part of the Company’s new wholly-owned subsidiary Agro-Tek Inc. and will form a new division of GrowPros’ that specializes in the distribution of Natural Health Products and cosmetics
  • Transaction will provide the Company with an established product line and allow GrowPros to rapidly commercialize and distribute new NHPs and cosmetics through Holizen’s strong distribution network

OTTAWA, ONTARIO–(June 22, 2016) – GrowPros Cannabis Ventures Inc. (“GrowPros” or the “Company“) (CSE:GCI) is pleased to announce the acquisition of the assets of Laboratoires Holizen Inc. (“Holizen“) for $450,000. The acquisition will be funded by the $600,000 private placement (see below). These assets will be part of the Company’s new wholly-owned subsidiary Agro-Tek Inc. and will form a new division of GrowPros’ that specializes in the distribution of Natural Health Products (“NHP“) and cosmetics. The transaction will provide the Company with an established product line and allow GrowPros to rapidly commercialize and distribute new NHPs and cosmetics through Holizen’s strong distribution network.

Acquisition Terms:

GrowPros will be required to make a payment of $325,000 on signing the agreement, $50,000 on the 12 month anniversary of the agreement, $50,000 on the 24 month anniversary of the agreement and a final payment of $25,000 on the 36 month anniversary of the agreement. The Agro-Tek team has already commenced applications with different government institutions to access investment funds for developing a strategic growth plan for the sale and distribution of Holizen products to the rest of Canada and the United States in the next year.

Asset Highlight

GrowPros has acquired Holizen’s existing customer base, inventory and natural product registration numbers.

The acquisition of Holizen’s assets by GrowPros will not change Holizen’s daily activities. The current President of Holizen, Mrs. Francine St-Sauveur, and all of the company’s employees and consultants will be retained by GrowPros. Mrs. St-Sauveur will assume the role and responsibility of the Chief Operating Officer of Agro-Tek. In her new role, Mrs. St-Sauveur will be responsible for day-to-day operations and client relations including the company’s network of retail stores. Mr. André Rancourt was appointed as Chief Executive Officer of Agro-Tek and will take over the management of all of its divisions and partnerships. “The Board of Directors and I are delighted that Mr. Rancourt has agreed to accept this responsibility,” said André Audet, Chairman. “He is someone with tremendous experience in the NHP retail market, his unquestioned work ethic, and integrity will prove to be of great value to the growth of the Company”. Mr. Rancourt has worked in the food and NHP market for over 20 years and has established an extensive network of contacts. André will be responsible for the overall commercial strategy of Agro-Tek, licencing of innovative technologies, and future acquisitions to expand the Company’s product lines and distribution capabilities. Holizen products are currently distributed in over 200 Natural health stores in Quebec. The company plans to launch an aggressive expansion to try and grow its market share of the 11.3 Billion dollar FFNHP (functional foods and Natural Health Products) market Place *stats Canada.

Holizen was created in 2002 and has been producing and distributing high quality NHP and cosmetic products. In addition to its NHP line, Mrs. St-Sauveur created alliances with several highly reputable European laboratories to offer Egyptian spagyria products, certified organic skincare products, and a line of silicon-based supplements and gels. “Holizen owes its fame to the absolute quality and efficiency of its products, a long and established network of clients, and the dedication of its employees to serve clients with respect and promptness,” stated Mrs. St-Sauveur. “The acquisition by GrowPros will allow the company to rapidly expand the distribution of its product lines across all of North America and continue to offer its clients innovative, effective, and high quality NHP and cosmetic products.”

Summary

The acquisition and recent creation of the multiple subsidiaries will provide GrowPros with a diversified portfolio of companies operating in independent yet related fields. PhytoPain Pharma Inc. will focus on pharmaceutical development, Agro-Tek will focus on retail product distribution and Grow Pros MMP will focus on cultivation and production of medicinal plants including Cannabis for which the company requires an approval under the Marijuana for Medical Purposes Regulation (“MMPR“).

“This platform should allow GrowPros to evolve into a fully integrated Pharmaceutical and Natural Health product development, production, and distribution company. This strategy provides multiple revenue streams across various industry segments and sub segments and insulates the company from the uncertainty that results from solely focusing on an MMPR application,” stated Ryan Brown, GrowPros CEO.

Financial Terms:

The Company also announces a non-brokered private placement of 12,000,000 units at a price of $0.05 per unit for aggregate gross proceeds of up to $600,000. Each unit will consist of one common share and one non-transferable warrant, with a whole warrant entitling the holder to purchase one common share at a price of $0.07 for a period of 12 months following the closing date.

In connection with the private placement, the Company may pay a cash finder’s fee equal to 8% of the gross proceeds raised and may issue non-transferable finder’s warrants equal to 8% of the number of common shares issued under the private placement. Each finder’s warrant will entitle the holder to purchase one common share of the Company at a price of $0.07 per share for a period of 12 months following the closing of the private placement.

The securities issued pursuant to the private placement will be subject to a four-month hold period from the closing date. The Company may pay a commission in connection with the private placement, subject to compliance with the policies of the Exchange. Completion of the private placement and the payment of any commissions remain subject to the receipt of all necessary regulatory approvals, including the approval of the Exchange.

The proceeds of the private placement will be used to fund the acquisition of the assets of Holizen as well as general working capital.

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

Forward-looking statements

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

Contact Information

  • GrowPros Cannabis Ventures Inc.
    Ryan Brown
    Chief Executive Officer
    (613) 421-8402GrowPros Cannabis Ventures Inc.
    Andre Audet
    Executive Chairman
    (613) 421-8402GrowPros Cannabis Ventures Inc.
    Dr. Guy Chamberland
    Chief Scientific Officer and Regulatory Affairs
    (514) 220-9225

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AGORACOM Welcomes GrowPros Cannabis Ventures (GCI: CSE) Developing Natural Pharmaceuticals Derived From Cannabis and Other Medicinal Plants $GCI.ca

Posted by AGORACOM-JC at 4:58 PM on Monday, June 20th, 2016

Growpros_hub_large

GCI:CSE

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, Insomnia, anxiety disorder, in patients suffering from Cancer and other, 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

Hub On AGORACOM / Corporate Profile / Read Release

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CLIENT FEATURE: Nevada Energy Metals (BFF: TSX-V) Powering Our Green Future $BFF.ca

Posted by AGORACOM-JC at 5:04 PM on Friday, June 17th, 2016

TSX-V: BFF, (OTC Pink: SSMLF)

Why Lithium?

  • Major companies such as Sony and Panasonic got behind lithium as an anchor material in a possible successor to the lead-acid battery paradigm.
  • Although it took decades, lithium-based batteries are now the industry standard.
  • Lithium has limited supply and increasing demand.
  • Lithium seems untouched by economic downturns.
  • Lithium prices increased by about 20% in 2014 and by a larger percentage in 2015 when gas, coal and natural gas were down 50%
  • Climate change has lead to the frenzied search for green energy solution
  • Because of its high reactivity, lithium does not occur as a pure element in nature but is contained within minerals in a range of hard rock types or in brine solutions (elements contained in salty water) in salt lakes, “salars.” Lithium’s primary driver for growth is:

Batteries and grid-scale energy storage:

  • Most important use of lithium is in rechargeable lithium-ion batteries for electric vehicles, grid-scale energy storage, phones, laptops, cameras, gaming consoles and hundreds of other electronic devices.
  • Lithium-ion batteries are increasingly used for bikes, power tools, forklifts, cranes and other industrial equipment. In essence, lithium powers modern technology.

Benchmark Mineral Intelligence estimates that the

“EV market will grow five-fold between 2015 and 2020 while the market for stationary storage will increase 8-fold.”

We have already seen Tesla increase the land holding of their $5 billion under-construction lithium-ion battery factory and Faraday Future strike a deal to build a $1 billion electric car plant.

Nevada Energy Metals Acquires 100% Ownership in Clayton Valley BFF-1 Lithium Project

  • Announced acquisition of 60 claims in Clayton Valley, Esmeralda County, Nevada
  • 250 meters from Albemarle Corporation’s Silver Peak lithium mine and brine processing operations
  • Also the location of Pure Energy Minerals’ 816,000 metric tonnes Lithium Carbonate Equivalent (LCE) Inferred Resource
  • 3.5 hours away from Tesla’s Gigafactory, which has a planned annual lithium-ion battery production capacity of 35 gigawatt-hours per year by 2020
  • Aannounced that it has agreed to grant 1074654 Nevada Ltd an Option to acquire a seventy (70%) percent interest in the BFF-1 Clayton Valley Property

Nevada Energy Metals Expans Lithium Exploration Potential at San Emidio

Company has increased the exploration potential of the San Emidio property by adding 69 additional claims to its land position. The property now includes 155 claims (approximately 3,100 acres/1255 hectares) in the San Emidio Desert, Washoe County, Nevada, 95 km northeast of Reno.

Importantly, historical results by previous operators exploring the playa for lithium reported lithium value in sediments up to 312 ppm and up to 80 ppm lithium in brine from a depth of 1.5 meters.

Company acquired 160 placer claims, with an area of 3,200 acres/1,295 hectares, located in northern Big Smokey Valley, Township 13N., Range 43E, Nye County, Nevada.

BSV Property:

Big Smokey Valley is situated in central Nevada. It begins at a point 12 miles east of the town of Austin and extends approximately 100 miles in a southwesterly direction to reach a southern terminus near Clayton Valley to the west of Tonopah. Hydrologically and topographically the valley is divided into northern and southern sections by a physiographic high near the mining community of Round Mountain. The northern section, where the claims area is located contains three geothermal resources; the Darrough, the McLeod and the Spencer hot springs.

Projects

  • Acquired, by staking, 100 placer claims covering 2000 acres (809 hectares) at Teels Marsh, Nevada.
  • Property, called Teels Marsh West is highly prospective for Lithium brines and is located approximately 48 miles northwest of Clayton Valley and the Rockwood Lithium Mine, North America’s only producing brine based Lithium mine supporting lithium production since 1967.
  • Access to Teels Marsh is via dirt road, west of Highway 95 and northwest of Highway 360.
  • Completed an orientation survey
  • Collected twenty-seven shallow auger sediment samples
  • Lithium values ranged from 8.9 to 104.5 ppm. The two best results (93.2 and 104.5) were obtained downstream of thermal springs on the western part of the property

Teels Marsh West is a highly prospective Lithium exploration project, 100% owned without any royalties, located on the western part of a large evaporation pond, or playa (also known as a salar). Structural analysis reveals that Teels Marsh is bounded by faults and is tectonically active. Tectonic activities supply additional local permeability that could be provided by the faults that bound the graben and sub-basins.

  • Located 12 km (7.5 miles) northeast of Albemarle Corporation’s (formerly Rockwood Lithium),Silver Peaksolar evaporation ponds. Silver Peak is the only producing brine-based lithium facility in North America.
  • 60-40 earn-in joint venture with Dajin Resources Corp.
  • In addition to its proximity to Silver Peak, the property is 20 km (12.5 miles) east-northeast of Pure Energy Minerals’ Clayton Valley exploration project.
  • Preliminary data from ongoing exploration activities on the property, suggest that Alkali Lake could be situated on one of the most prospective areas in the entire basin.
  • Lithium assay results from sediment sampling carried out on the Alkali Lake property confirmed the presence of near-surface lithium at grades ranging from 73 ppm to 382 ppm.

  • Early stage exploration property, located in the northern foothills of the Alaska Range, which contains VMS (volcanogenic massive sulfide) mineralization.
  • Property is located in the east portion of the Bonnifield Mining District, central Alaska, approximately 60 mi (96 km) south of Fairbanks, Alaska (Figure 1).
  • Property consists of 36 quarter-section State of Alaska mining claims (Galleon 1-36; Appendix 1) held by Anglo Alaska Gold Corporation (AAGC). Rock Star Resources Inc (RSRI) holds the rights to a 100% earn-in interest under an agreement with AAGC to pay for exploration and make required payments.
  • Access to the Property currently is only by helicopter, or by trail from a nearby airstrip, however, strong potential exists for future development of a road connecting the Property with an existing mine road system to the west.
  • The claims are subject to a 3% Net Production Royalty to the State of Alaska beginning 3.5 years after mine start-up. All claims comprising the Galleon Property are in good standing at the time of this writing.

Energy metal markets are booming

The age of electrification across the transportation sector, the solar panel revolution, and Tesla’s battery gigafactory are igniting a battle for the cheapest battery. That will transform lithium into a boom-time mineral and the hottest commodity on the energy investor’s radar. It has been easy to take lithium for granted. This wonder mineral is the backbone of our everyday lives, popping up in everything from the glass in our windows to our mountains of electronics.

And while investors have long appreciated the steady rise in demand for this preferred mineral, the number of new applications continues to multiply. Smart phones, tablets, laptops, and other consumer electronics demand more lithium. But the largest driver for future lithium use will be in electric vehicles and home batteries for solar panels. That has lithium on the verge a boom for which supply can no longer be taken for granted.

 

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Capping it all off: After Equity Crowdfunding

Posted by AGORACOM-JC at 10:56 AM on Friday, June 17th, 2016

Every entrepreneur today is thinking of ways to manage their company from a sales and accounting perspective. Of equal importance is corporate recordkeeping, an aspect of business management that’s often overlooked – to a company’s detriment.

One of the crucial corporate records that needs more attention is the capitalization table, or cap table as it’s frequently called. Microsoft Excel has been the leading platform for cap table management for years. However, it’s becoming increasingly evident that old solutions like these are unable to match the pace of modern entrepreneurs and their recordkeeping needs.

What is a cap table?

Simply put, a cap table is a breakdown of a company’s equity ownership among shareholders. It reflects the percentage of equity ownership for founders and investors, as well as changes to equity value and dilution over time.

That’s just the simplified version. A cap table is much more than a list of transactions; it includes legal documents, sales, stock issuances, transfers, debt-to-equity conversions, and many other data. Sometimes, the term is applied broadly, and used to describe all records pertaining to company stakeholders: in other words, a lot of vital information.

How should the contemporary company track all of this crucial data?

How to manage a cap table in the Twenty-First Century

 

As a CFO I’m often responsible for the cap table management of the companies I work with. As a custodian I have a responsibility to make sure the information contained in the cap table is up-to-date, secure, and accessible to relevant parties.

Now, there’s a great tool that not only manages my cap table but also connects me to all the important documents in my company minute book. This tool offers an efficient management system that helps me keep track of all company shareholders in one secure environment. As my company grows, it saves me time and money that I would have wasted filling out paperwork, making hard copies, and sending digital files through unsafe email servers.

KoreConX is a FREE corporate management tool designed to facilitate the process of raising equity capital by bridging the communication gap between businesses and shareholders in a secure and transparent way. With KoreConX, I can release the contents of my cap table to shareholders looking to access their private holdings from investments. I can grant them access to relevant company reports and other information as needed.

The Four Cs

At the heart of it all, a cap table should be clear, comprehensive, current, and compliant. Clear to all those who need it for reference; comprehensive in its contents; current as of the latest development; legally compliant.

The great thing about KoreConX is that it is an all-in-one solution that ensures my cap table checks all the four Cs.

Clear: I can keep everyone on the same page without compromising the integrity of my records. With KoreConX, I can share as little or as much as I like, preventing staff from being bombarded with information not directly relevant to them and restricting access to confidential documents.

Comprehensive: Without a storage limit, I can store all my detailed information with KoreConX and work with collaborators in a secure digital environment.

Current: I can update the cap table virtually without having to make photocopies of the latest version, or without having to send everyone a revised spreadsheet through a risky email system.

Compliant: By law, members of the company’s Board of Directors must be able to access the minute book. KoreConX allows all members of the board to see the contents of the minute book. It also offers integrated tools to schedule meetings and assign tasks. The platform also saves time and money by reducing excess legal fees by taking a proactive approach to record management.

KoreConX is truly a tool for the modern entrepreneur. As companies of all sizes evolve and adapt to the pace of business today, our recordkeeping and information-sharing technologies should always be one step ahead.

Posted in All Recent Posts, Crowdfunding, KoreConX | Comments Off on Capping it all off: After Equity Crowdfunding

VGambling Announces Engagement of Monarch Bay Securities as Exclusive Placement $GMBL.us

Posted by AGORACOM-JC at 8:35 AM on Friday, June 17th, 2016

Vgabmlinglarge_copy

  • Announced that the Company has recently engaged California based Monarch Bay Securities, LLC as the Company’s exclusive placement agent for one or more offerings of the Company’s securities
  • “We are very pleased to have engaged Monarch Bay Securities as the Company’s exclusive placement agent. Monarch Bay Securities has a long history of assisting public companies raise additional growth capital,” said Grant Johnson, Chief Executive Officer of VGambling Inc.

ST. MARY’S, ANTIGUA / June 17, 2016 / VGambling Inc. (OTCQB: GMBL or the “Company”), a licensed next generation online gambling company focused on the emerging eSports sector, is pleased to announce that the Company has recently engaged California based Monarch Bay Securities, LLC as the Company’s exclusive placement agent for one or more offerings of the Company’s securities.

“We are very pleased to have engaged Monarch Bay Securities as the Company’s exclusive placement agent. Monarch Bay Securities has a long history of assisting public companies raise additional growth capital,” said Grant Johnson, Chief Executive Officer of VGambling Inc.

“Monarch Bay Securities is excited to work with VGambling Inc. as it establishes itself as a leader in the fast growing eSports gambling sector,” stated Keith Moore, Chief Executive Officer of Monarch Bay Securities.

About Monarch Bay Securities, LLC

Monarch Bay Securities, LLC, member FINRA/SIPC, was established in 2006 to assist lower middle market private and public companies in all areas of capital markets formation. Over the years, Monarch Bay has continued to expand its services and professionals, becoming a one stop middle market investment bank. Monarch Bay provides a full array of corporate finance, third party research, and sales and trading, to a diversified client base that includes fast-growing companies, companies facing financial or other challenges, financial institutions, and high net worth clients.With headquarters in El Segundo, California and offices in the San Francisco and New York, Monarch Bay’s size allows it to move quickly and provide a broad spectrum of sophisticated financial advice and services not usually seen at most smaller firms. Monarch Bay’s mission is to create opportunity through an application of proven innovation and entrepreneurial focus. For more information please see www.mbsecurities.com.

About VGambling Inc.

VGambling Inc. is a next generation online gambling company licensed in Canada. VGambling intends to offer users from around the world 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 recently been issued a Client Provider Authorization Permit to conduct real money interactive gaming on a global basis from bases in Canada and Antigua by the Kahnawake Gaming Commission. VGambling has entered into a Betting Gaming Platform Software Agreement with Swiss Interactive Software GmbH to provide wagering platform software. VGambling is led by a team of industry and technical experts from the Internet gambling and video game industries, e-Sports, marketing, legal and financial professionals. VGambling maintains offices in St. Mary’s, Antigua and Barbuda. VGambling is currently developing several play for free websites and the real money wagering website www.vgambling.net. VGambling’s common stock is listed on the OTCQB under the symbol GMBL. For more information please see www.vgambling.net.

Contact:

Keith Moore
Chief Executive Officer of Monarch Bay Securities LLC
1-949-373-7281 or [email protected]

Grant Johnson
Chief Executive Officer of VGambling Inc.
1-905-580-2978 or [email protected]

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Posted in VGambling Inc. | Comments Off on VGambling Announces Engagement of Monarch Bay Securities as Exclusive Placement $GMBL.us

CLIENT FEATURE: American Creek (AMK: TSX-V) Treaty Creek Included In Seabridge Gold Plan To Take KSM Into Production $AMK.ca

Posted by AGORACOM-JC at 12:33 PM on Thursday, June 16th, 2016

AMK: TSX-V, ACKRF: OTC Pink

WHY AMERICAN CREEK RESOURCES?

  • Mineralization in the Treaty Creek claims area lies within the same broad hydrothermal system that generated the several deposits on the Seabridge Gold KSM and the Pretivm Brucejack properties that lie immediately southwest of the Treaty Creek claims
  • 20% fully carried interest
  • So far over 130 million ounces of gold, 800 million ounces of silver and 20 billion pounds of copper (all categories included), representing one of the greatest concentrations of metal value on the planet, have been delineated within the geological system shared by KSM, Brucejack, and Treaty Creek.

RECENT HIGHLIGHTS

  • Closed two separate joint venture agreements with Tudor Gold Corp. (TSX VENTURE:TUD) (Read Release)
  • Specimens from the structure averages 27,092 gm/tonne silver and 248 gm/tonne gold
  • Results from outcrop specimens of high grade material collected on its Electrum property from the Shiny Cliff vein on the North Face Showing Read More
  • TSX Venture Exchange approved the Amended and Restated Purchase Agreement regarding the Treaty Creek NSR that was previously announced April 13, 2016. Read Our Recent Blog

Exceptional Properties

Electrum Gold-Silver Property, British Columbia – 100% owned

The Electrum property has a rich history with some of the highest grade hand-mined ore mined in North America combined with excellent logistics. The property is located directly between two high-grad vein gold/silver mines; the past producing Silbak Premier mine and Pretiums high-grade Brucejack mine (production in 2017).All three lie within the Iskut mineral district (a particularly prolific part of the Canadian Cordillera) with numerous geological similarities between them.

The Electrum Property holds significant potential to attract mining companies when considering its high-grade nature combined with the exceptional logistics in place.

  • Located in the prolific Golden Triangle of northwestern British Columbia, an area encompassing mineral rich belts that host more than 43 past producing mines including Eskay Creek, Silbak Premier, Granduc and Big Missouri.It is a hotbed of activity with one new mine having come online in 2015 (Imperial Mines Red Chris) and another scheduled for 2017 (Pretium Brucejack) and at least three more world-class mining projects headed toward production.
  • Located in a particularly rich valley with 4 past producing commercial mines and a 5th in the adjacent valley.
  • Includes the historic East Gold Mine that had intermittent small-scale production of approximately 46 tonnes of ore with grades averaging 1,661 grams of gold per tonne and 2,596 grams of silver per tone (roughly 50oz gold with 75oz silver).
  • Mineralization is believed to be very similar to the silver-gold-base metal veins responsible for the precious metal mineralization found in the Silbak Premier Mine and the Big Missouri mines (located in same extended valley).
  • Pretiums Brucejack Summary Report (for exploration) compares itself geologically to the Silbak Premier mine as well.
  • Exceptional gold and silver assays including 440 g/t gold with 400 g/t silver over 0.52m, with numerous silver intervals of 583g/t, 501 g/t, 420 g/t, 384 g/t in core, and surface samples of 80.96 g/t gold with 80,818 g/t silver, 694 g/t gold with 550 g/t silver, 54.77 g/t gold with 14,903 g/t silver, 615 g/t gold with 616 g/t silver.
  • A very successful program was run in 2015 wherein:
    • A new approach focusing on high-grade was employed very successfully
    • A new zone of gold / silver mineralization was discovered
    • A better understanding of the property geology was obtained
    • Surface samples from the structure averages 27,092 gm/tonne silver and 248 gm/tonne gold



  • The program proved the Electrum Property has multiple high-grade gold-silver epithermal breccia vein systems and gave us a better understating of their sequencing.
  • Excellent logistics including road access, power located 2 km away and a bulk tonnage shipping port and supportive mining town located just40 km away in a mining friendly jurisdiction.

The high-grade ELECTRUM PROPERTY recently had a program run on it. CLICK HERE for the Electrum presentation and HERE for the 2015 drill program presentation. The highly mineralized gossans on the Electrum are shown in the image at the top of this page.

2015 Drill Program Presentation

Treaty Creek Gold-Copper Property, British Columbia – 51% Joint Venture

Treaty Creek Property


Treaty Creek is located in British Columbia’s prolific Golden Triangle; one of the richest areas of mineralization in the world with one new mine having come online in 2015 (Imperial Mines Red Chris) and another scheduled for 2017 (Pretium Brucejack) and at least three more world-class mining projects headed toward production.

Mineralization in the Treaty Creek claims area lies within the same broad hydrothermal system that generated the several deposits on the Seabridge Gold KSM and the Pretivm Brucejack properties that lie immediately southwest of the Treaty Creek claims. So far over 130 million ounces of gold, 800 million ounces of silver and 20 billion pounds of copper (all categories included), representing one of the greatest concentrations of metal value on the planet, have been delineated within the geological system shared by KSM, Brucejack, and Treaty Creek.

Seabridge Gold’s KSM is the world’s largest undeveloped gold/silver project by reserves while Pretium’s Brucejack is the highest grading undeveloped large-scale gold project in the world.KSM has just past the environmental and permitting stage while the Brucejack is in construction phase.
Treaty Creek is part of the same large hydrothermal system as it’s neighbours, hosts the same bedrock geology as its neighbours, the same magneto-telluric (MT) anomalies that proved to be large deposits on the neighbours claims, the same major fault system (Sulphurets) that is responsible for KSM’s deposits, and initial exploration and drilling show similar results to initial drilling on KSM.

The Treaty Creek property is in a strategic location as it’s included in Seabridge’s plan for the KSM to go into production. Seabridge has proposed twin tunnels that would take the KSM ore through American Creek’s Treaty Creek property to a processing plant and tailings pond.

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Posted in AGORACOM Client Feature, All Recent Posts, American Creek Resources Ltd. | Comments Off on CLIENT FEATURE: American Creek (AMK: TSX-V) Treaty Creek Included In Seabridge Gold Plan To Take KSM Into Production $AMK.ca

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