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Garibaldi broadens mineralized corridor at Grizzly, prepares to accelerate 2014 exploration plans

Posted by AGORACOM-JC at 6:05 PM on Thursday, March 13th, 2014

Garibaldi broadens mineralized corridor at Grizzly, prepares to accelerate 2014 exploration plans

TSXV: GGI, OTC: GGIFF, Frankfurt: RQM

VANCOUVER, March 13, 2014 – Garibaldi Resources Corp. (TSXV: GGI) (the “Company” or “Garibaldi”) is pleased to report that recent reconnaissance work carried out over western portions of its Grizzly Property in the Sheslay Valley, northwest British Columbia, has identified a new zone of porphyry copper mineralization 3 km south of its Grizzly West porphyry target and 3 km west-southwest of Prosper Gold Corp.’s Pyrrhotite Creek prospect in an area referred to as West Kaketsa. Garibaldi is the largest landholder among juniors in the Sheslay district and controls approximately 26,200 hectares in claims. The results of this program suggests potential to significantly broaden a NW/SE trending corridor of porphyry targets that extends for over 30 km through the Sheslay Valley from the western end of the Grizzly Property through Grizzly Central to the recently announced Grizzly East expansion claims.

Given highly encouraging results in the western and central parts of the Grizzly Property, Garibaldi is accelerating its 2014 plans at the Grizzly by launching an aggressive Phase 1 exploration program to include detailed mapping, geochemistry, IP surveys and drilling. The initial stages of this work will commence in the next few weeks and the results will determine the scale of a planned Phase 2 program. Garibaldi is in a strong working capital position and is looking forward to advancing the Grizzly Project concurrently with its assets in Mexico.

“The importance of the discoveries recently announced by Prosper Gold and Doubleview Capital Corp., located approximately 10 km apart on properties within the Sheslay corridor, is the scale of mineralization over such wide distances. Confirmation of another significant porphyry target area several km south of Grizzly West underscores the world class potential of this growing mineralized Cu-Au porphyry corridor in the Sheslay Valley,” explained Steve Regoci, Garibaldi President and CEO. “Garibaldi has captured more than 50% of this very prospective corridor with multiple targets already identified from Grizzly West to Grizzly Central through geophysical and geochemical surveys. We’re very excited about advancing the Grizzly to a first-ever drilling stage.”

West Kaketsa Mineralization Similar To Grizzly West, Pyrrhotite Creek

The extent of the newly discovered mineralized area at West Kaketsa is yet to be determined but it’s located approximately 1 km north of the historic West Kaketsa prospect (B.C. Minfile # 104J-024) and appears to be related to a fault that extends at least 3 km to Pyrrhotite Creek on the eastern flank of Mount Kaketsa. Garibaldi’s upcoming program at the Grizzly Property includes plans to further define this new zone with IP surveys and identify potential drill targets.

Petrographic analysis of mineralization from both the West Kaketsa and Grizzly West prospects has confirmed that both areas exhibit classic porphyry-style copper-gold mineralization including hydraulic brecciation, disseminated chalcopyrite and intense alteration within a hydrothermal environment. Garibaldi’s reconnaissance work identified the new mineralized zone while following up on an encouraging airborne magnetic and radiometric survey completed last fall over western portions of the Grizzly Property.

The airborne survey confirmed that West Kaketsa, like Grizzly West, is in a region of strong magnetic activity and structure, the latter indicating faults and fractures in the intrusive bodies favorable for mineralizing fluids along the contact zones of the Mount Kaketsa monzonite granodiorite stock. Historic technical reports describe porphyry mineralization at West Kaketsa as being similar to mineralization observed at Pyrrhotite Creek. Prosper Gold has reported that Pyrrhotite Creek is a large mineralized zone with multiple porphyry targets located 3 km southwest of the Star porphyries in the SW corner of its Sheslay Property adjoining the Grizzly.

Grizzly West

Last fall’s airborne survey shows that Grizzly West is on the periphery of a large magnetic anomaly, in a similar setting to targets on the adjoining Sheslay Property. A soil geochemical survey has defined several strong copper anomalies open in multiple directions at Grizzly West with the grid covering an area approximately 1.5 km x 1.5 km. Fieldwork at this target has confirmed historical reports (Corona Resources) of mineralization with reported grades ranging from 0.20% Cu to 6.7% Cu in rock chip samples.

Maps – West Kaketsa & Grizzly West

Maps showing location, sampling areas and full results from recent work completed at West Kaketsa and Grizzly West are available on the Garibaldi web site at www.GaribaldiResources.com.

To view a 2.5-minute video on the Grizzly Property and the Sheslay Valley, please visit the following URL: http://www.garibaldiresources.com/s/Media.asp#video1

Qualified Person

Carl von Einsiedel, P.Geo., a non-independent geological consultant and a Qualified Person as defined by NI-43-101 has reviewed this release and approved the content thereof.

We seek safe harbor.

GARIBALDI RESOURCES CORP.

Per: “Steve Regoci”
Steve Regoci, President

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or the accuracy of this release.

SOURCE Garibaldi Resources Corp.

GARIBALDI RESOURCES CORP.
1150 – 409 Granville Street
Vancouver, BC V6C 1T2
Telephone: (604) 488-8851 Website: www.GaribaldiResources.com

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AGORACOM Small Cap Stock TV – March 13, 2014

Posted by AGORACOM-JC at 12:32 PM on Thursday, March 13th, 2014

AGORACOM – The Small Cap Epicenter reports on the day’s best small cap and micro cap press releases.

 

Good afternoon to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s March 13th and we’ve found 4 great press releases to report on. It’s another great day for small-cap and micro-cap financial news.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out Mon – Thurs that strictly reports on the best small cap and micro cap news of the day. You can watch AGORACOM TV right from our home page.

If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:

If you want to subscribe to our Small-Cap RSS Feed or download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:

TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS

Today’s show features:
Next Gen Metals (N.C),

Corvus Gold (KOR.T),

Nexgen Energy (NXE.V),

True Gold Mining (TGM.V)

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Weed 2: Cannabis Madness: Dr. Sanjay Gupta Reports

Posted by AGORACOM-JC at 12:21 PM on Thursday, March 13th, 2014
Weed 2: Cannabis Madness: Dr. Sanjay Gupta Reports, premiered Tuesday, March 11th, looks at U.S. federal laws that consider marijuana a drug with no medicinal value and serious scientists who say they’re wrong. It is the politics of pot – the politicians vs. the patients.

Legal in 20 states plus the District of Columbia, limited access to medicinal marijuana has caused significant battles between legislators and qualified patients seeking this type of treatment. Vivian Wilson, a 2-year-old girl suffering from chronic seizures, is one of those patients. Wilson made headlines in 2013 when her father confronted New Jersey Governor Chris Christie pleading “please don’t let my daughter die” and imploring him to legalize medical marijuana in the state.

In the one-hour documentary, Gupta gets exclusive access to the journey of Vivian’s family who, along with many patients, are willing to do anything to get medical marijuana and face many legal challenges along the way. He meets with dozens of families dubbed “medical marijuana refugees” who have moved to Colorado, where pot is legal, to get medical marijuana for their sick children. Gupta also examines disparities in the U.S. government’s research into the benefits of medical marijuana and reports on groundbreaking discoveries in other countries. Gupta’s investigation takes him around the world looking for answers, including a rare inside look at a pharmaceutical company in the United Kingdom that is the only one in the world turning pot into a prescription drug.

Source: Cnn.com

Start your small cap medical marijuana research in the AGORACOM Small Cap Medical Marijuana Stocks Gateway
http://agoracom.com/portal/Small%20Cap%20Medical%20Marijuana%20Stocks

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Next Gen appoints Michael Hektoen to help head its Medical Marijuana/Industrial Hemp Business Development Team

Posted by AGORACOM-JC at 9:20 AM on Thursday, March 13th, 2014
  • Next Gen’s Vision: To be a leading provider of venture capital, management expertise, education and a facilitator for this explosive new industry
  • Next Gen plans to consolidate certain sectors of this fragmented industry
  • To that end:
  • The Company’s business model continues to generate new business plans and project submittals 24/7
  • Management is currently reviewing over 45 business plans and proposals
  • Next Gen’s Management is currently finalizing its Industry Advisory Board

Vancouver, British Columbia / TNW-ACCESSWIRE / March 13, 2014 / Next Gen Metals Inc. (“Next Gen”, “The Company”) (CSE: N, OTC Pink: NXTTF, FSE: M5BN) is pleased to announce that Mr. Michael Hektoen has been added to Next Gen’s Medical Marijuana and Industrial Hemp business development team. With years of business development experience, Michael will help create long-term shareholder value for the company by providing guidance and expertise in areas directly related to Next Gen’s business model (see the company’s press release dated February 26, 2014).

Mr. Barr, President and CEO stated that “A growing proportion of the medical community believe that Medical Marijuana and, more specifically cannabinoids, have the potential to help patients who are suffering from a variety of ailments and illnesses. In addition, Industrial Hemp is an emerging industry in Canada and hemp is one of the strongest natural fibers known to man. Hemp has a wide range of applications including medicine. Both sectors show the potential for exponential growth.”

Mr. Barr further stated that “On behalf of the board of directors and management of Next Gen, I am pleased to have Mr. Hektoen join the Next Gen Team. We are confident his diversified skills set and business experience will add to our existing and growing team of professionals dedicated to this explosive new industry.”

About Michael Hektoen

Mr. Hektoen is dual citizen of the United States and Canada and was the Founder, President and CEO of a fully listed NASDAQ traded company in the entertainment-media industry. He has advised privately owned and publicly traded companies in areas such as due diligence, joint ventures, business development, marketing, social networking, branding and corporate finance.

Mr. Hektoen was retained by the Canadian Aboriginal Housing Management Association to provide guidance for the first World Indigenous Housing Conference held in Vancouver, BC Canada in 2012. He also organized the attendance of leading Tribal, Government, and Business leaders from the US and Canada for the Global Arc Boston Conference attended by Global Pension, Endowment and Hedge Fund leaders. The subject of the session was ‘Meeting the Investment Needs of the Native American Nations’.

He is celebrating his 38th year in the music-entertainment industry as a music producer, artist manager and Owner – CEO of the world famous NYC based Media Sound Studios where Barbra Streisand, Guns and Roses, Luther Vandross, Ray Charles, Rolling Stones, Aretha Franklin, Madonna, Frank Sinatra, Aerosmith, Tina Turner, Whitney Houston, Billy Joel, John Hammond Sr. and Mariah Carey among others recorded and was the co-owner of TWM Management who provided career management services to acts such as Kool & The Gang and The Manhattans. His efforts helped artists generate over 100 gold and platinum records.

About Next Gen

Next Gen is a diversified Canadian public company which is focused on investing in the Medical Marijuana and Industrial Hemp business sector. Recent regulatory/legal changes in North America have provided an opportunity for the company to enter into this emerging multi-billion dollar industry. Next Gen’s vision is to be a leading provider of venture capital, management expertise, education and a facilitator for this explosive new industry.

Next Gen plans to provide financing for both private/publicly listed Medical Marijuana and Industrial Hemp companies in exchange for an equitable interest in their business and/or a royalty on sales. Next Gen also intends on incubating companies that are technically savvy but require professional assistance in fundraising, complex negotiations, capital markets, public company administration and IPO’s.

Management is currently reviewing and soliciting new business proposals in various segments of the industry including: health, food, agri-business, legal grow-ops, research & technology, client generation, education, public awareness, specialty clinics and ancillary business opportunities. For further information, visit our website at www.nextgenmetalsinc.com. On another matter, the Company will issue a total of 100,000 stock options to two consultants at $0.21 per share.

For further information contact Investor Relations:

Tel: +1 604 685 1870 Toll Free 1.800.667.1870 Fax: +1 604 685 8045
Email: [email protected] or visit http://www.nextgenmetalsinc.com
650-555 West 12th Avenue, City Square,

West Tower, Vancouver, B.C., Canada, V5Z 3X7

On behalf of the Board of Directors

“Harry Barr”

Harry Barr

President & CEO

FORWARD LOOKING INFORMATION

This News Release contains forward-looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements.

Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com.

This News Release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

The CSE has neither reviewed or approved the contents of this News Release.

Start your small cap medical marijuana research in the AGORACOM Small Cap Medical Marijuana Stocks Gateway
http://agoracom.com/portal/Small%20Cap%20Medical%20Marijuana%20Stocks

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Lomiko Metals Inc. Closes Financings for Gross Proceeds of $5,520,800

Posted by AGORACOM-JC at 9:09 AM on Thursday, March 13th, 2014

VANCOUVER, BRITISH COLUMBIA and TORONTO, ONTARIO–(March 13, 2014) – LOMIKO METALS INC. (TSX VENTURE:LMR) (the “Company” or “Lomiko”) is pleased to announce that it has successfully completed its previously announced public offering (the “Public Offering”) in connection with the short form prospectus of the Company dated March 6, 2014 (the “Prospectus”).

Under the Public Offering, 26,584,180 units of the Company (the “Units”) were sold at a price of $ 0.11 per Unit and 4,627,000 units of the Company (the “Flow-Through Units”) were sold at a price of $0.13 per Flow-Through Unit.

Each Unit consists of one common share of the Company (each, a “Common Share”) and one-half of one common share purchase warrant (each whole warrant being a “Unit Warrant”). Each Flow-Through Unit consists of one Common Share to be issued on a “flow-through” basis within the meaning of the Income Tax Act (Canada) (each a “Flow-Through Share”) and one-half of one common share purchase warrant (each whole warrant being a “Flow-Through Unit Warrant”).

Each Unit Warrant entitles the holder thereof to purchase one common share of the Company (the “Unit Warrant Shares”) at a price of $0.15 per Unit Warrant Share at at any time before the date that is 18 months following the closing date of the Public Offering. Each Flow-Through Unit Warrant entitles the holder thereof to purchase one common share of the Company (the “Flow-Through Unit Warrant Shares”) at a price of $0.20 per Flow-Through Unit Warrant Share at at any time before the date that is 18 months following the closing date of the Public Offering.

In consideration for services rendered in connection with the Public Offering, the Company has paid a cash commission equal to 8% of the gross proceeds received from the sale of the Units and the Flow-Through Units and the Company granted 1,872,671 compensation options, with each compensation option being exercisable to purchase one common share of the Company for a period of 18 months following the closing date of the Public Offering, at a price of $0.11 per common share. Total commission and fees related to the Units and the Flow-Through Units under the Prospectus were $381,780.83.

An overallotment provision granted under the Prospectus was not utilized and is now extinguished.

The Company is also pleased to announce the closing of its previously announced concurrent non-brokered offering by issuing 15,346,231 flow-through units (the “Private Placement Units”) for additional gross proceeds of $1,995,010.03 (the “Private Placement”). The securities underlying the Private Placement Units were issued on the same terms as the securities underlying the Flow-Through Units that were issued under the Public Offering. In connection with the Private Placement, the Company paid a finder’s fee of 8% in cash and issued 920,774 compensation options, with each compensation option being exercisable to purchase one common share of the Company for a period of 18 months following the closing date of the Private Placement, at a price of $0.13 per common share. Total commission and fees related to Private Placement Units were $194,600.80.

The net proceeds from the Public Offering of $3,143,988.97 and the Private Placement of $1,800,409.23 will be used by Lomiko primarily in connection with the exploration program on the Quatre-Milles East and West mineral properties (Quebec), for business development and for working capital and general corporate purposes. In particular, the proceeds of the flow-through shares under the Public Offering and the Private Placement will be used by the Company to incur eligible Canadian Exploration Expenses as defined by the Income Tax Act (Canada).

The Units, the Flow-Through Units and the Private Placement Units have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the “1933 Act”), and may not be offered, sold or delivered, directly or indirectly, within the United States, or to or for the account or benefit of U.S. persons unless the Units, the Flow-Through Units and the Private Placement Units are registered under the 1933 Act or pursuant to an applicable exemption from the registration requirements of the 1933 Act. This press release does not constitute an offer to sell, nor it is a solicitation of an offer of securities, nor shall there be any sale of securities in any state of the United States in which such offer, solicitation or sale would be unlawful.

On Behalf of the Board OF LOMIKO METALS INC.

A. Paul Gill, CEO & Director, Lomiko Metals Inc.

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

Lomiko Metals Inc.
(778) 228-1170
(604) 583-1932
[email protected]
www.lomiko.com

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INTERVIEW: Xylitol Canada Speaks About Fast Growing Natural Sweetener Business

Posted by AGORACOM-JC at 5:08 PM on Wednesday, March 12th, 2014

AGORACOM Speaks With Xylitol Canada $XYL:TSXV About Their Fast Growing Natural Sweetener Business.  Revenues YTD Are Up 52% and Costco Is Now A Customer.

Financial Highlights

  • For the nine months ended September 30, 2013, sales increased by 52% to $3,953,472, compared to the nine months ended September 30, 2012;

Marquee Customers Include:

Strong Institutional Ownership

  • Dundee Corp 29%
  • SunOpta BioProcess Inc. 26%

What is Xylitol you ask?

  • Xylitol is a sugar alcohol – and no, that doesn’t mean there’s alcohol in it. It’s also known as a polyol. Sugar alcohols contain fewer calories and fewer carbohydrates than other sweeteners. Replacing sugar with xylitol can be helpful if you’re trying to lose weight or even to help prevent weight gain.

What does xylitol taste like?

  • Xylitol is a white crystalline granule that looks and tastes like sugar. The good news is that it doesn’t have the negative side effects associated with sugar. Xylitol is low-calorie, low-carb, diabetic safe and we think it’s guilt free!

Where does your xylitol come from?

  • Xyla brand xylitol is extracted from North American grown hardwood trees, and it’s delicious. We believe the practices employed in the harvesting and processing of our xylitol are ecologically sustainable. Xylitol is also naturally occurring in many fruits and vegetables. Did you know the human body makes about 15 grams of xylitol per day?

Xylitol Canada, Inc. emerged in 2004 as a reseller and distributor of Xylitol and Xylitol products. Based in Toronto, Ontario, the company continued to grow and develop additional brands under the names Sweet Diabetic Delight and Xylitol Canada. Realizing the market potential for high quality, readily available, and consistently priced Xylitol and Xylitol products, the Company broadened its strategic vision in 2009.

Realizing that the void in the Xylitol market was based on inadequate supply and lack of awareness, the company initiated a 2-tier business expansion plan that sought to solve both of these problems. With the vision of a full scale North American Xylitol production facility as a critical element of this strategy, the Company reached out to the Capital markets and formally went public in April of 2010. With the capital base to aggressively address the marketplace, the company immediately began executing its business plan.

Xylitol In The Media

Daytime Toronto – Rogers TV (Aug 2013) – Julie Reid from Xylitol Canada appears with Mari Loewen from Anna Magazine to make some delicious recipes using North American hardwood derived Xyla xylitol.

Daytime Ottawa – Rogers TV (June 2013) – Xylitol Canada’s Julie Reid and naturopath Helene Huot discuss the benefits of Xyla xylitol and share great summer recipes using Xyla.

Is Sugar Toxic? – 60 Minutes (May 4th, 2013) – Sugar is the most addictive substance on earth. It’s also the most dangerous and toxic substance anyone can consume. Sugar has similar affects on the brain like cocaine. Heart disease, cancer, diabetes type II and many more are linked to processed sugar.

Sugary Drinks Linked To 180,000 Deaths Worldwide – CNN (March 19, 2013) – “One in every 100 deaths from obesity-related diseases is caused by drinking sugary beverages,” says study author Gitanjali Singh, a postdoctoral research fellow at the Harvard School of Public Health.

 

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AGORACOM Small Cap Stock TV – March 12, 2014

Posted by AGORACOM-JC at 11:54 AM on Wednesday, March 12th, 2014

AGORACOM – The Small Cap Epicenter reports on the day’s best small cap and micro cap press releases.

Good afternoon to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s March 12th and we’ve found 8 great press releases to report on. It’s another great day for small-cap and micro-cap financial news.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out Mon – Thurs that strictly reports on the best small cap and micro cap news of the day. You can watch AGORACOM TV right from our home page.

If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:

If you want to subscribe to our Small-Cap RSS Feed or download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:

TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS

Today’s show features:

Lexaria Corp. (LXX.C)

Columbus Gold (CGT.V)

Osisko Mining (OSK.T)

Rubicon Minerals (RMX.T)

Mountain Province Diamonds (MPV.T)

Golden Share Mining (GSH.V)

Pilot Gold (PLG.T)

Nevada Sunrise Gold (NEV.V)

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Robix Goes Beyond The Press Release to Discuss Their Revolutionary Ocean Clean up Technology

Posted by AGORACOM-JC at 9:38 AM on Wednesday, March 12th, 2014

Nathan Hansen, President and CEO and Director of Robix Alternative Fuels goes Beyond The Press Release to discuss the company’s COV Clean Ocean Vessel Technology.

Highly Cost Effective – Clean Ocean Vessel

  • The COV’s rapid recovery rate and large on-board storage result in low per barrel recovery cost.
  • The COV’s simple design minimizes down time for repair and maintenance.
  • A two-man crew can be easily trained and the COV vessel can operate long hours without interruption

Design Versatility

  • COV’S can be scaled to meet various application requirements (sizes range from 10 Ft., 20 Ft., 40 Ft., 80 Ft., 100 Ft. (references to length of vessel
  • A standard 40-foot COV is 40 feet in length, 26 feet in width, and 12 feet in depth
  • The following page has a 3D visual description of a COV

Recent Highlights

  • Creating a new business division, through a subsidiary entity, to enter into the marine industry.
  • Announced that Rick Carson, of Montreal, PQ, has agreed to join Robix as a Strategic Advisor.
  • Announced that it intends to enter into an agreement with Rayco Steel Inc., wherein Rayco shall work on completion of engineering construction drawings for the anticipated construction of the first Clean Ocean Vessel.

Hub On AGORACOM – Corporate Profile – Corporate Website

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AGORACOM Welcomes Lexaria Corp. as Newest Entrant to the Multi Billion Dollar Medical Marijuana Industry

Posted by AGORACOM-JC at 8:59 AM on Wednesday, March 12th, 2014

LXRP: OTCQB, LXX: CSE

Regulated Marijuana Production

  • Joint Venture signed March 5, 2014 with Enertopia Corp (ENRT-US and TOP-Canada). Enertopia is one of Canada’s leading medical marijuana companies with two recent acquisitions recently announced.
  • Enertopia has the capability of putting more than 60,000 sq ft of production space into use in the cultivation of medical marijuana, through its partly owned subsidiaries.
  • Developed a business plan wherein company will try to acquire more than one license to produce marijuana in Canada under the MMPR legislation.
  • Evaluating potential legal grow locations in those jurisdictions in the USA where they are permitted

Gupta: ‘I am doubling down’ on medical marijuana

Dr. Sanjay Gupta, CNN Cheif Medical Correspondent. We have no affiliation with this well known medical expert, but his latest “Doubling Down” on the medical marijuana sector is worthy of your attention. Reasons such as these convince us we are doing the right thing in entering this market.

Medical marijuana and ‘the entourage effect’

We are no longer your Daddy’s Oil Company

Lexaria Corp. has been in business since 2005 and for nine years explored for and developed oil and gas assets in low-risk areas of North America. Lexaria still owns oil production in Mississippi, producing oil from wells at the Belmont Lake oil field. (You can learn about that in our “Oil Operations” section) During the last three full years combined, revenue was a total of about $3,550,000.

But North American society has changed dramatically, and so have we. Our proved management team has always employed sensible risk management controls in an effort to preserve the capital entrusted by shareholders. After all, its YOUR money!

And today, most Americans and most Canadians support some form of medical use of marijuana, in poll after poll.

Likewise, the legal marijuana industry is and will be heavily regulated, and we support that. We’ve already proven our ability to be transparent with our stakeholders and our ability to work within all applicable government regulations. We promise to deliver that transparency and dedication to the legal marijuana industry where these traits are a vital component towards ultimate success.

The medical marijuana business just might be one of the most recession-proof industry sectors there are. There is no boom and bust cycle that is apparent. The average demographic age in North America continues to increase, with over 44 million people in the USA today at the age of 65 or over. Age-related illnesses will continue to grow, and some fraction of these people looking for an alternative to opiate-based painkillers have a real need for pain-relief choices.

Lexaria also has a history of working with joint venture partners, as we’ve demonstrated over the years in Oklahoma,Mississippi, Alberta and Saskatchewan. We’re changing the sector we’re focused on, but we’re not changing our commitment to best practices; to ethical behavior; and to our investors and shareholders.
Oil and Gas Operations

Belmont Lake Oilfield

The Belmont Lake Oil Field is a significant oil discovery for a company our size, and one the Company intends to develop to it to its maximum value. It is within the Frio formation.

Lexaria currently owns 13% – 50% interests in the five existing oil wells in the Belmont Lake oil discovery, which was identified using 3-D Bright Spot technology. At the time of discovery the Company owned only a 20% interest. The Company’s most recent reserve report indicates that eight (8) productive oil wells could be located at Belmont Lake.

This is low-risk development opportunity at Belmont Lake offering superb returns, despite the location in the seasonal floodplain of the Mississippi River which has presented us with challenges. Seasonal flooding of the oil field forced Lexaria and its partners to devise ways to safely and reliably produce oil 12-months per year, even if the surface location was flooded with river water. The Company installed a remote tank farm and separation facility, pipelines, and various mechanical connections. Most important of all, lifting devices were utilized that use compressed natural gas to lift the oil to the surface, allowing our wells to produce at all times.

An important goal for the Company is to unlock the secret of being able to distinguish, in advance of drilling, between Frio Oil targets and Frio Gas targets. We have begun some internal research towards this goal. The Company welcomes any research or information from outside experts towards this goal and invites your contact.

Lexaria has built significant value through our analysis of 3-D seismic covering 130,000 nearby acres. Though we do not currently have an interest in these lands, we have previously generated many drilling targets.

Start your small cap medical marijuana research in the AGORACOM Small Cap Medical Marijuana Stocks Gateway
http://agoracom.com/portal/Small%20Cap%20Medical%20Marijuana%20Stocks

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AGORACOM Small Cap Stock TV – March 11, 2014

Posted by AGORACOM-JC at 11:52 AM on Tuesday, March 11th, 2014

AGORACOM – The Small Cap Epicenter reports on the day’s best small cap and micro cap press releases.

Good afternoon to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s March 11th and we’ve found 3 great press releases to report on. It’s another great day for small-cap and micro-cap financial news.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out Mon – Thurs that strictly reports on the best small cap and micro cap news of the day. You can watch AGORACOM TV right from our home page.

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TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS

Today’s show features:

International Enexco (IEC.V),

Fission Uranium (FCU.V),

Osisko (OSK.T)

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Posted in AGORACOM Allan Barry Reports, AGORACOM Small-Cap TV | Comments Off on AGORACOM Small Cap Stock TV – March 11, 2014

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