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Mota Ventures $MOTA.ca Announces European Expansion Through Joint Venture Agreement with Franchise Cannabis $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $HIP.ca $WMD.ca $CGRW

Posted by AGORACOM at 8:21 AM on Wednesday, July 22nd, 2020

Mota Ventures Corp. (CSE:MOTA)(FSE:1WZ)(OTC PINK:PEMTF) (the “Company” or “Mota Ventures“) is pleased to announce it has entered into a binding agreement (the “Transaction Agreement“) dated July 21, 2020, with Franchise Cannabis Corp. (“Franchise“) to form a joint venture in Europe (“European JV“) to sell and market Franchise-manufactured CBD, hemp and cosmetic products in the European Union, Switzerland, Norway and the United Kingdom (the “JV Territory“). Sales of the custom manufactured products will be sold online utilizing the Company’s eCommerce infrastructure.

Franchise is a leading European-focused cannabis and pharmaceutical distribution company based in Germany with two Good Distribution Practices (GDP) certified distribution facilities, exporting to over 18 countries and currently serving a network of over 1,500 pharmacies within Germany for medical cannabis sales.

“We are very excited to expand our eCommerce opportunities in Europe, as this has long been one of our strategic goals. Having a strong partner like Franchise to ensure consumers are provided with quality products is critical to success in the European market. Franchise is well positioned in Europe and has an established operating history in the cannabis industry. We believe this strategic joint venture will accelerate the expansion of our health and wellness platform in Europe.” stated Ryan Hoggan, CEO of Mota Ventures.

Pursuant to the Transaction Agreement, Franchise has agreed to make a $500,000 equity investment into the Company through a private placement subscription of $0.28 per unit (“Units“). Each Unit will consist of one (1) common share of Mota Ventures (each, a “Share“) and one (1) Share purchase warrant (each, a “Warrant“), with each Warrant entitling the holder to purchase one additional Share (each, a “Warrant Share“) at a price of $0.38 per Warrant Share for a period of twenty-four (24) months from their date of issue. Mota Ventures will then make a $360,000 equity investment into the European JV, which will be used to develop the business operations of the European JV, including the initial funds to launch the Franchise products in Europe using the Company’s eCommerce expertise. The private placement Shares will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws.

The parties’ respective ownership interests in the European JV will be 50/50. Franchise will manage procurement and fulfillment of customer orders from its European manufacturing facilities. Mota Ventures will provide marketing and eCommerce operations infrastructure in the JV Territory. The parties will determine the appropriate products to launch sales and marketing initiatives and will provide further details in the coming weeks. The establishment of the European JV is subject to Franchise making the $500,000 investment in Mota Ventures and Mota purchasing a 50% interest in the European JV for $360,000.

“Ryan and his team are extremely smart and hard-working. They are unbelievable at launching new product lines into the market, and given our European presence and market knowledge, the Franchise and Mota Venture teams complement one another well. I have been a director and strategic shareholder of another eCommerce focused cannabis business that reached a billion-dollar market capitalization and I can attest that the Mota team is at a whole different level. We’re very excited to launch into Europe and we expect the joint venture to be a great success.” stated Clifford Starke, CEO of Franchise.

As Clifford Starke is a director of the Company, he abstained from voting on the resolutions approving the Transaction Agreement and declared his interests in Franchise to the board.

About Mota Ventures Corp.

Mota Ventures is an established natural health products and eCommerce technology company focusing on the CBD and psychedelic medicine sectors. The Company has a strong presence in both North America and Europe. In the United States, Mota Ventures offers a CBD hemp-oil product line derived from hemp grown and formulated in the US through its Nature’s Exclusive brand. Within Europe, the Company’s Verrian operations are currently conducting clinical studies utilizing proprietary products for the treatment of opiate addiction. The highly skilled Verrian team also manages Mota Ventures’ 110,000 square foot manufacturing facility in Radebeul, Germany. In addition, Mota Ventures’ Sativida brand of award winning 100% organic CBD oils and cosmetics are sold throughout Spain, Portugal, Austria, Germany, France, and the United Kingdom. The Company is also seeking to acquire additional revenue-producing natural health product brands and operations in both Europe and North America with the goal of establishing an international distribution network utilizing its eCommerce technology platform.

About Franchise Cannabis Corp.

Franchise is a leading cannabis company in Europe, holding the first import and distribution license in Germany, Europe’s largest market, and is one of the largest exporters of prescription pharmaceutical products in the European Union delivering to over 18 countries. Franchise has cultivation operations globally and the company’s genetics division has won 18 Cannabis Cups and is a pioneer in product development.

ON BEHALF OF THE BOARD OF DIRECTORS

MOTA VENTURES CORP.
Ryan Hoggan

Chief Executive Officer

For further information, readers are encouraged to contact Joel Shacker, President at +604.423.4733 or by email at [email protected] or www.motaventuresco.com

For more information on Franchise, please visit the company website at: www.franchisecannabis.com or email the company at [email protected]

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Gold Prices Supported by Negative and Near-Zero Bond Yields SPONSOR Durango Resources $DGO.ca $BTR.ca $OSK.ca $SII.ca $TLG.ca

Posted by AGORACOM at 4:44 PM on Tuesday, July 21st, 2020
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Durango owns 100% interest in the Trove claims, in the Windfall Lake area between Val d’Or and Chibougamau, Quebec., which are surrounded by Osisko Mining Inc. The property is compelling due to the coincidence of gold found in tills, coinciding with magnetic highs, several Induced Polarization anomalies and two faults crosscutting the property. Durango is undergoing a final review process for the proposed 3,000m drill program in 2020. Click Here For More Info

Global investors seeking a perceived safe haven piled into gold-backed ETFs in 2019, making it the best year on record for gold holdings. Assets under management (AUM) in gold bullion ETFs expanded 37 percent from the previous year, adding $19.2 billion, or 400 tonnes, according to the World Gold Council (WGC). During the fourth quarter, total holdings hit a jaw-dropping 2,900 tonnes, the equivalent of 102 million ounces, which is the most on record.

Physical gold, meanwhile, had its best year since 2010, climbing as much as 18.31 percent. The yellow metal’s role as an exceptional store of value shined brightly in the second half of 2019 when the pool of negative-yielding debt around the world began to skyrocket, eventually topping out at around $17 trillion in August.

As of January 2020, it’s estimated that about 30 percent of all investment-grade sovereign government bonds and 15 percent of corporate bonds traded with a negative yield. This means that investors who buy and hold them until maturity are guaranteed to make a loss.

The 30 percent referenced above only includes nominal rates. When adjusted for inflation, some 90 percent of government debt has a negative yield right now, according to WGC estimates.

“And the low rate environment is unlikely to change any time soon,” writes WGC analysts in their “Outlook 2020” report, released January 15. “Many central banks—the highest number since the global financial crisis—are cutting rates, expanding or implementing quantitative (or quasi-quantitative) easing and, in some instances, doing both.”

Lower for Longer

Some economists use the term “Japanification” to describe the process of being permanently stuck in an environment of low inflation and even lower rates, which leaves policymakers with few options to jolt the economy.

Last year, the Federal Reserve, European Central Bank (ECB) and Bank of Japan (BoJ)—which represent a collective 45 percent of world gross domestic product (GDP)—all either cut lending rates or kept them steady at below 0 percent. Japanese officials hinted that they might trim rates further, while President Donald Trump publically pressured Fed Chair Jerome Powell to implement a low-interest policy that’s more in line with other economies.

The U.S. is “one recession away from joining Europe and Japan in the monetary black hole of zero rates and no prospect of escape,” comments Larry Summers, former director of the National Economic Council (NEC).

This isn’t a phenomenon seen just in developed economies. Emerging markets are in rate-cutting mode as well. In November, there were as many as eight net rate cuts among a group of 37 developing economies, according to Refinitiv. November, in fact, marked the 10th straight month of net cuts, the longest easing cycle for emerging market central banks since 2013.

Turkey’s is the most recent central bank to lower rates, from 12 percent to 11.25 percent on January 15, pushing its benchmark rate below 0 percent for the first time, when adjusted for inflation.

Interest in Gold as an Investment Has Increased

For these reasons and more, interest in gold as an investment has surged, if internet search results are any indication. According to Google Trends data, search queries for the key phrase “gold investment” reached their most extreme level in the past five years. In the chart below, the left axis represents search interest relative to the highest point for the given time period. On January 12, the “gold investment” search term had a reading of 100, indicating that interest in the topic was very recently at its highest point for the five-year timeframe. 

So How Can You Participate?

Besides buying physical gold—in bars, coins or jewelry—investors can get exposure through futures contracts or by buying individual gold mining stocks, mutual funds or ETFs. Our favorite strategy to use is the U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU). The ETF, which launched in June 2017, ended the year up a phenomenal 54.2 percent, beating the price of gold bullion (up 18.3 percent) as well as gold mining companies (up 41.6 percent).

GOAU managed to deliver such impressive results because, number one, it’s quant-based and highly selective of the companies it invests in. Unlike many other gold ETFs, which are market cap-weighted, GOAU aims to select only the most profitable, undervalued and high-momentum mining stocks. It’s also rebalanced and reconstituted at the start of every quarter.

What really makes all the difference is that approximately 30 percent of the ETF is invested in the top three royalty and streaming companies—Franco-Nevada, Wheaton Precious Metals and Royal Gold. Fellow streamers Osisko Gold Royalties and Sandstorm Gold represent a further 8 percent of GOAU, as of January.

We believe these firms are the “smart money” of the metals and mining industry. Royalty and streaming companies can help investors manage many common risks associated with traditional producers. Because they’re not directly responsible for building and maintaining mines and other costly infrastructure, huge operating expenses can be avoided. They also hold highly diversified portfolios of mines and other assets, which helps mitigate concentration risk in the event that one of the properties stops producing. As a result, royalty companies have enjoyed a much lower breakeven cost than traditional miners.

SOURCE: https://www.usglobaletfs.com/insights/gold-prices-supported-by-negative-and-near-zero-bond-yields/

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Wall Street Is Throwing Billions at Once-Shunned Gold Miners SPONSOR: Affinity Metals $AFF.ca $MKR.ca $SII.ca $TUD.ca $GTT.ca $AMK.ca $OSK.ca $RKR.ca

Posted by AGORACOM at 1:02 PM on Tuesday, July 21st, 2020
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Affinity is focused on the acquisition, exploration and development of strategic metal deposits within North America. In addition to the West Timmins Gold project, Affinity is advancing the Regal Project in the northern end of the prolific Kootenay Arch. Regal hosts two major geophysical anomalies as well as three past producing mines. Recent drill results included a new silver discovery with an 11.10 meter interval of 143.29 g/t silver which included a 0.55 meter interval of 2,612.0 g/t silver

(Bloomberg) — A year ago, you couldn’t get Wall Street to touch most gold miners’ stocks. Today, it’s throwing billions at the industry.

Precious-metals miners once seen as too leveraged and high-risk for the typical investor raised $2.4 billion in secondary equity offerings during the second quarter, data compiled by Bloomberg show. That’s the most since 2013 and seven times more than the funds they raised a year earlier.

With the Covid-19 crisis threatening economies worldwide and gold prices soaring on the heels of monetary and stimulus programs, precious-metals companies have become the darlings of the investment community. The sector, which once largely drew the attention of specialist funds, is now attracting a broad base of investors.

“All of a sudden we’re seeing real interest from generalists,” said Bryan Slusarchuk, chief executive officer of Fosterville South Exploration Ltd., whose company plans to dig for gold in Australia. “If this continues, it could just be the start of an incredible bull market for gold equities.”

The market for gold miners has been dominated by the top two giants, Newmont Corp. and Barrick Gold Corp., with investors shying away from many of the others. That’s either because balance sheets had too much leverage or companies had too few mines and projects to spread out the risk. Many also remember the writedowns that followed the gold price slump of 2013.

Junior Miners

But junior miners are now starting to benefit. Take the case of American Pacific Mining Corp., an exploration and gold-mining firm with market capitalization of less than $20 million. The company raised $3 million in the second quarter, six times more than it had initially planned. Interest was so big that it had to turn away offers for more, said CEO Warwick Smith.

“The big boys play first, and then that money trickles down to the smaller companies, exploration companies,” he said.

The reasons that boosted the appeal of gold miners are the very same pushing investors away from companies digging for metals like copper or lithium, which are more dependent on economic growth. Base and industrial metals firms raised just $34 million in the second quarter, data compiled by Bloomberg showed. Thats a 40% decrease from the same period a year earlier.

Battery metals projects are also struggling to lure investors.

Clean TeQ Holdings Ltd.’s Sunrise nickel-cobalt-scandium project in Australia is a prime example. The company said in mid-June it wasn’t able to commit to a final investment decision on the $1.5 billion project as the pandemic presented “challenges for funding.”

“Bankers don’t like risks,” said Andrew Bowering, a director at American Lithium Corp., which has an exploration project in Nevada. “That means you need to strike a long-term offtake agreement so they have guaranteed production from the mine, and right now you’ve got no big buyers.”

Gold Allure

The allure of gold companies comes even as the coronavirus makes mining harder, with a higher risk of infections in tight, closed spaces. Barrick last week said it continued to benefit from strong prices even as the pandemic shuts down mines.

Investment in the sector is also coming in the form of mergers and acquisitions. Deals heated up in the second quarter, with 12 transactions valued at $2.86 billion being announced, according to Bank of America. That’s nearly double the first three months of the year.

“With mines being closed and things tightening up, the C-suite are all in the boardroom, and they’re talking to other companies about M&A,” said Smith of American Pacific. “They’re talking to their bankers, they are reaching out to have these conversations, and deals are getting done.”

Source:https://www.bnnbloomberg.ca/wall-street-is-throwing-billions-at-once-shunned-gold-miners-1.1468213

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You’re Invited To The 3rd Annual Avicanna $AVCN.ca Symposium On July 21st – REGISTER NOW! $GWPH $CRDL.ca $PCLO.ca

Posted by AGORACOM-JC at 5:14 PM on Monday, July 20th, 2020
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(TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN)

Avicanna is a Canadian vertically-integrated biopharmaceutical company developing and commercializing various cannabinoid-based products for the global market place

REGISTER NOW!

WHY AVICANNA?

When we say vertically integrated, we mean it.  Avicanna has 4 fully operating divisions to address the entire market for Cannabis products.  As a Cannabis investor, why limit yourself to a Company with just one specialty, when Avicanna offers you exposure to the entire vertical.

CONSUMER RETAIL – COSMETICS

  • The Only Known CBD Cosmetics Backed By Clinical Trials
  • Full Line Of High End CBD Based Skin Care Products
  • Already Commercializing In Colombia
  • Global Distribution In H2 2020 In United States, Europe and Canada
    • Canadian Distribution Through Shoppers Drug Mart

MEDICAL MARIJUANA

  • Medical Cannabis 2.0 – Superior Products To Products Currently On The Market
    • Evidence Backed Medical Cannabis So Doctors Can Prescribe With Confidence
  • Launch Across Canada Immanent
  • Exclusive Distribution Through Online Store Of Shoppers Drug Mart
  • Global Distribution Through US, U.K, Australia, Colombia and Canada In H2 2020

     PHARMACEUTICALS

  • A Full Pipeline Of Pharmaceuticals In Various Stages Of Trials To Address Dermatology, Psychiatry, Neurology, Pain and Oncology
  • 3 Products Already As Far As PHASE 2

   CULTIVATION

  • 500,000 Sq Ft Of Low Cost and USDA certified Organic Cannabis Cultivation In Colombia
  • First Ever Export Of Feminized Hemp Seeds From Colombia (To United States). 7,000,000 Seeds For $380,000
  • Additional 75,000,000 Seeds Available For Export In Several Pending Transactions 

Click below to register

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CLIENT FEATURE: American Creek – Eric Sprott Sees The Big Picture $AMK.ca $TUD.ca $SII.ca $GTT.ca $AFF.ca $SEA.ca $SA $PVG.ca $AOT.ca $ESK.ca

Posted by AGORACOM at 11:39 AM on Monday, July 20th, 2020

Eric Sprott Sees The Big Picture

As many of you know, Eric Sprott (single largest external investor in Treaty Creek) has a broadcast every Friday morning called the Eric’s Weekly Wrap Up.  We sent you the whole episode last week.
 
This week we’re just sending you a one minute clip of Eric talking about the big picture.  Take a listen by clicking on the image below:
 

The “other big deposit” on Treaty Creek that Eric is referring to is the Perfect Structural Storm. Find out more by clicking here.

American Creek’s Treaty Creek Property

The Sulphurets Hydrothermal System

More Information About The Treaty Creek Project Can Be Found Here

Treaty Creek JV Partnership

The Treaty Creek Project is a Joint Venture with Tudor Gold owning 3/5th and acting as operator. American Creek and Teuton Resources each have a 1/5th interest in the project. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have “free rides”.

Treaty Creek Background

The Treaty Creek Project lies in the same hydrothermal system as Pretium’s Brucejack mine and Seabridge’s KSM deposits with far better logistics.

We believe that the Goldstorm deposit at Treaty Creek is quickly becoming one of most significant assets in the gold industry and will be highly sought after. 

About American Creek

American Creek is a Canadian junior mineral exploration company with a strong portfolio of gold and silver properties in British Columbia. Three of those properties are located in the prolific “Golden Triangle”; the Treaty Creek and Electrum joint venture projects with Tudor Gold/Walter Storm as well as the 100% owned past producing Dunwell Mine.

  • For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at: www.americancreek.com

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St-Georges Eco-Mining Corp. $SX $SX.ca $SXOOF Provides Lithium Processing Technology Update

Posted by AGORACOM-JC at 3:21 PM on Sunday, July 19th, 2020
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  • provide additional information regarding the contracted pilot plant facilities of Carrefour innovation sur les materiaux de la MRC des Sources or “CIMMS” initially disclosed in a press release on July 10, 2020
  • The Company is also providing an update on its research and development process that is now fully reactivated following a slower development period in the last quarter

Montreal, July 19, 2020 –  St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to provide additional information regarding the contracted pilot plant facilities of Carrefour innovation sur les materiaux de la MRC des Sources or “CIMMS” initially disclosed in a press release on July 10, 2020. The Company is also providing an update on its research and development process that is now fully reactivated following a slower development period in the last quarter.

The pilot plant operations

The pilot plant being contracted is a “state of the art” newly-built facility owned and operated by CIMMS.

The agreement has an 18-month duration and can be extended. It marks the beginning of a new phase of testing in the development of the Company’s lithium processing technology.

CIMMS-contracted infrastructures and resources allow St-Georges Metallurgy to scale up instantly without the lag time usually experienced when research teams integrate new members and train on new equipment. CIMMS also contributes immediately to the Company’s bank of resources and expertise by making available experienced and highly respected lithium metallurgy researchers. The CIMMS-led team consists of:

Yu-Mei Han, Ph.D. Metallurgy, who is the technical director and was the process engineer during the start up of the Quebec lithium mine. She is very experienced in lithium pilot plant design and conception.

Denys Pinard, Chemist with nearly 40 years’ experience in hydrometallurgy. Denys was the 4th person hired by Quebec Lithium, where he participated in the start up of their commercial plant. His expertise revolves around lithium extraction processes, spodumene decrepitation, sulfidation, lixiviation, purification, and carbonation.

Jonathan Viens, Operation supervisor of the CIMMS, Jonathan has experience in characterization and optimization of spodumene acidulation processes. He has worked on the realization of different projects, specifically on optimizing lithium recovery.

Sylvain Couture, Eng. Director of CIMMS, Sylvain accumulates decades of experience in industrial equipment conception. Over the years, he contributed to various R&D initiatives focusing on industrial reject alternative usage and was involved in the start up of various industrial plants.

Enrico Di Cesare, St-Georges Metallurgy’s President, commented: “(…)With the extent of the partners and the laboratories we now have integrated with our research initiatives, we have the flexibility and scalability to fulfill all our research needs (…) the infrastructure and experience that is available and the elimination of team integration and equipment learning curves should reduce the lag time between design and conception and real-life industrial testing significantly. (…) The current approach allows development and innovation in parallel or allows multiple technical teams to work in conjunction to achieve innovation or solutions as required. (…) The elimination of fixed costs, building and commissioning, and the level of control we now have on our development and testing costs allow us to take chances on concepts that would have been put aside before. We will continue to focus on Key Performance Indicators but have some flexibility to try outside the box thinking and more freedom to innovate (…)”

For pictures and description of the CIMMS facilities, please scroll down to the end of this press release

Lithium Processing Technology Advancements

Shareholders and stakeholders alike should remember that the Company was able to concentrate mechanically the lithium found in the clay in the material obtained from Nevada Lithium projects. Air classification resulted in the elimination of 55% of the gangue material with no lithium loss resulting in an increase of approximately 2.2 times the lithium content in the resulting material (See Press Release “Independent Review of Phase One Lithium in Clay R&D Completed”, July 24, 2019).

Additional concentration with Nitric and Citric acid allowed for the elimination of up to 96% of the material without loss of lithium. The resulting 4% having 99.9% of the lithium still present in the solution and being equivalent to a 25-fold increase of lithium concentration in the resulting solution.


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Fig. 1 St-Georges’ Hydrometallurgical Lithium Extraction Process Phases

Larger scale tests now take in account the moisture content of the material, often up to 17% moisture, that the clay sediment carries and which results in almost the same percentage of acid loss that cannot be recycled in the process and also, currently, of some lithium loss up to the same 17% when the leach solution is filtered.

A conceptual scenario using 44 tonnes of feeding material from a blend of lithium-in-clay type projects would result in 24 tonnes being discarded and 20 tonnes being sent to an acid bath of 180 tonnes of a proprietary mix of acid dominated by nitric acid.

In the tests conducted during Phase I and previously disclosed, the Company metallurgists were able to leach within less than an hour, over 99.9% of the lithium into solution, at atmospheric pressure and ambient temperature.

However, the lithium needs to be recuperated, and the Phase I report initially underlined a significant challenge for the process at the time. Fine materials like clays can retain much of the acid and lithium in filter cake losses. That can represent retention of humidity that is higher than other concentrates, up to 17% compared to a maximum of up to 8% in traditional lithium concentrates obtained from spodumene hosted in hard rock material. The Company’s R&D efforts are now focused on further concentration and the reduction of acid losses in the residues.

This phenomenon seems to be universal to all lithium-in-clay projects across the industry and is not a specific situation. It impacts the recuperation grade and cannot be overlooked. Optimizing the purification steps and minimizing chemical losses will continue to be the priority along with minimizing energy requirements. The intent is also to be able to show value-added by-products such as fertilizer and start working with the industry to optimize chemistry to meet clients’ needs and improve value.

This led to an interesting discovery by the metallurgical team. A new approach was introduced in the conception of the Phase II processing technology applied to this type of material. The Company is now ready to conduct scaling tests with a proprietary adaptation of resin balls that will allow the recuperation of the lithium in the leach solution without filtration. The Company believes that this will significantly reduce the loss due to the moisture content. Tests need to be conducted on a large scale to test the potential recuperation improvements as well as the loss of acid that would remain in the acid leach containers and be recycled to process more material. It is important to note that the lithium loss due to moisture in the filtration press ends up in the mining residue without creating important challenges. However, the acid rejected constitutes a more important issue as it needs to be neutralized, increasing infrastructure, neutralization material, and workforce costs that, even if it is not estimated yet, are guaranteed to be significant. The ability to scale the solution recently discovered is then paramount and constitutes an important and positive development.


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ON BEHALF OF THE BOARD OF DIRECTORS

“Vilhjalmur T. Vilhjalmsson”

VILHJALMUR THOR VILHJALMSSON


President & CEO

About Carrefour d’innovation sur les materiaux de la MRC des Sources (CIMMS)

CIMMS is a publicly funded research and development corporation located in Asbestos, Quebec. It is supported by numerous local and regional organizations, along with the provincial and federal governments. CIMMS develops and carries out technological innovation projects specifically related to the industrial, mining/metallurgy and innovative materials sectors.

About St-Georges Metallurgy Corp.

Created to manage all metallurgical research and development, joint ventures and partnerships, and hold all mineral processing technology intellectual property and patents. The Corporation is a wholly-owned subsidiary of St-Georges Eco-Mining Corp.

About St-Georges Eco-Mining Corp.

St-Georges is developing new technologies to solve some of the most common environmental problems in the mining industry. The Company controls all the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & the Manicouagan Palladium Project on Quebec’s North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi region. Headquartered in Montreal, St-Georges’ stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1

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.

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Lomiko Metals $LMR.ca Engages Kenmar Securities to Raise $40m Cdn for Acquisition and Development of Critical Metals Projects $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 6:23 PM on Friday, July 17th, 2020

Vancouver, B.C., July 17, 2020 (GLOBE NEWSWIRE) — Lomiko Metals Inc. (TSX-V: LMR, OTC: LMRMF, FSE: DH8C)(Lomiko or the “Company”) announces that it has engaged Kenmar Securities, LLC of New York (“The Advisor”) to raise $ 40 million Cdn for acquisition and development of critical metals projects. Kenmar Securities, LLC, is a Delaware limited liability corporation and SEC-registered securities broker-dealer and FINRA member.

The Advisor will assist the Company in analyzing its business, operations, properties, financial condition and prospects, prepare suitable marketing materials, contact any potential partner companies, assist and advise the Company with respect to the financial form and structure of any potential transaction.

“This year is the start of the Electric Vehicle Revolution.  Lomiko would like to become part of the Battery Material supply chain” stated Mr. A. Paul Gill, CEO.

The Company agrees that, should the Company, or any affiliate of the Company, consummate any Transaction with a Referral pursuant to this Advisory Agreement, from the Effective Date through a period lasting until the twenty-four (24) month anniversary of the cancellation or termination of the Advisory Agreement, the Company shall pay to the Advisor, or cause the Advisor to be paid, at the funding of such Transaction, a success fee (the “Success Fee”) equivalent to five percent (5.0%) of the gross proceeds raised from the Transaction, which is equivalent to the total amount received or to be (and actually) received by the Company, from one or more Referrals. The Advisor cannot be certain that any amount of financing will be made available by its Referrals.

The payment of fees under any transaction is subject regulatory approval.

For more information on Lomiko Metals, review the website at www.lomiko.com, contact A. Paul Gill at 604-729-5312 or email: [email protected].

On Behalf of the Board,

“A. Paul Gill”

Chief Executive Officer 

We seek safe harbor. 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

Attachment

A. Paul Gill
Lomiko Metals Inc. (TSX-V: LMR)
6047295312
[email protected]

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Posted in All Recent Posts, Lomiko Metals | Comments Off on Lomiko Metals $LMR.ca Engages Kenmar Securities to Raise $40m Cdn for Acquisition and Development of Critical Metals Projects $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Empower Clinics $CBDT.ca Announces Closing of Private Placement Increased Demand for COVID-19 Testing and Are on Pace for Record July Patient Visits $WEED.ca $CGC $ACB $APH $CRON.ca $OGI.ca

Posted by AGORACOM-JC at 1:29 PM on Thursday, July 16th, 2020
  • Closes private placement of $720,866.00 to support the Company growth plan
  • Continues to meet increased demand for COVID-19 testing in Arizona clinics, along with supporting record patient demand in July 2020

VANCOUVER, BC / July 16, 2020 / EMPOWER CLINICS INC. (CSE:CBDT)(Frankfurt:8EC)(OTCQB:EPWCF) (“Empower” or the “Company“), a life sciences company, is pleased to announce the closing of its non-brokered private placement of an aggregate of 14,417,334 units of the Company (each, a “Unit“) at a price of $0.05 per Unit for gross proceeds of $720,866.00 (the “Offering“).

The proceeds of the Offering are expected to be used by the Company for general working capital and corporate purposes and to support the launch if it’s previously announced psychedelics division Dosed Wellness Ltd. www.dosedwellness.com

The Company also continues to see strong demand for COVID-19 testing supported by an expansion to five-day per week testing schedule in Phoenix, AZ clinics. In addition, Sun Valley Health has added ten (10) new hires and (4) internal management promotions in the past 30 days to manage the increased volumes of patients, that are anticipated to reach record levels in July 2020.

“Our clinic team continue to provide exemplary support and care for patients, in a safe and compassionate manner,” said Steven McAuley, Chairman & CEO. “Successfully accessing the capital markets to support growth allows the Company to advance its ongoing plan of providing diversified health & wellness services and positioning us to become a long-term market leader.”

Each Unit is comprised of one Share and one Warrant, with each Warrant exercisable into one Warrant Share at an exercise price of $0.12 per Warrant Share for a period of two years following the Closing.

The Units, and the underlying Shares, Warrants and Warrant Shares (collectively, the “Securities“), are subject to restrictions on resale under applicable Canadian securities laws for a period of four months and one day from the closing of the Offerings. None of the Securities have been or will be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities, in any jurisdiction in which such offer, solicitation or sale would require registration or otherwise be unlawful.

ABOUT EMPOWER

Empower is a vertically integrated health & wellness company with a network of corporate and franchised health & wellness clinics in the U.S. The Company is focused on helping patients improve and protect their health, through innovative physician recommended treatment options. The Company has launched Dosed Wellness Ltd. to connect its significant data, to the potential of the efficacy of alternative treatment options related to hemp-derived cannabidiol (CBD) therapies, psilocybin and other psychedelic plant-based treatment options.

ON BEHALF OF THE BOARD OF DIRECTORS:

Steven McAuley
Chief Executive Officer

Investors: Dustin Klein
Director
dustin@svmmjcc,com
720-352-1398

Investors: Steven McAuley
CEO
[email protected]
604-789-2146

For French inquiries: Remy Scalabrini, Maricom Inc., E: [email protected], T: (888) 585-MARI

DISCLAIMER FOR FORWARD-LOOKING STATEMENTS

This news release contains certain “forward-looking statements” or “forward-looking information” (collectively “forward looking statements”) within the meaning of applicable Canadian securities laws. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Forward-looking statements can frequently be identified by words such as “plans”, “continues”, “expects”, “projects”, “intends”, “believes”, “anticipates”, “estimates”, “may”, “will”, “potential”, “proposed” and other similar words, or information that certain events or conditions “may” or “will” occur. Forward-looking statements in this news release include statements regarding; the Company’s intention to open a hemp-based CBD extraction facility, the expected benefits to the Company and its shareholders as a result of the proposed acquisitions and partnerships; the effectiveness of the extraction technology; the expected benefits for Empower’s patient base and customers; the benefits of CBD based products; the effect of the approval of the Farm Bill; the growth of the Company’s patient list and that the Company will be positioned to be a market-leading service provider for complex patient requirements in 2019 and beyond. Such statements are only projections, are based on assumptions known to management at this time, and are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements, including; that the Company may not open a hemp-based CBD extraction facility; that legislative changes may have an adverse effect on the Company’s business and product development; that the Company may not be able to obtain adequate financing to pursue its business plan; general business, economic, competitive, political and social uncertainties; failure to obtain any necessary approvals in connection with the proposed acquisitions and partnerships; and other factors beyond the Company’s control. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are cautioned not to place undue reliance on the forward-looking statements in this release, which are qualified in their entirety by these cautionary statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements in this release, whether as a result of new information, future events or otherwise, except as expressly required by applicable laws.

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Posted in All Recent Posts, Empower Clinics Inc., Featured | Comments Off on Empower Clinics $CBDT.ca Announces Closing of Private Placement Increased Demand for COVID-19 Testing and Are on Pace for Record July Patient Visits $WEED.ca $CGC $ACB $APH $CRON.ca $OGI.ca

New Age Metals $NAM.ca Initiates Environmental Baseline Program at River Valley as part of Phase 2 Program $NAM.ca $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN

Posted by AGORACOM-JC at 8:56 AM on Thursday, July 16th, 2020
  • The Company is initiating a Phase 2 program as part of its 2020 exploration and development program at its 100% owned River Valley Palladium Project.
  • Phase 2 will include further drilling in the northern area of the project, in addition to the initiation of environmental baseline studies. Pending results from the drill program, downhole induced polarization surveys may be conducted.
  • A Phase 3 program is designed and would occur in Q4 2020, pending the results of Phase 2.
  • Story Environmental of Haileybury, Ontario was engaged to initiate environmental baseline programs on the project which includes surface water quality programs, hydrological data collection, fish community and fish habitat studies and an archaeological assessment at the River Valley Palladium Project.
  • The Company announced positive results from its Phase 1 exploration program on June 2, 2020. The Phase 1 program consisted of an 8-hole, 1,600 m drill program and it successfully extended the pine zone mineralization up-dip to the north and along strike to the east, confirmed a linkage between the Pine Zone and the Dana North Zone and confirmed block model palladium mineralization continuity within the northern area of the project.
  • July 13, 2020 palladium spot price is US$1,945/oz. Continued disruptions in both the supply and demand factors directly related to palladium have contributed to sustained price levels well above the 2-year trailing average price used in the 2019 River Valley Palladium project PEA (US$1,200/oz)
  • The River Valley Palladium Project is one of North America’s largest undeveloped primary palladium projects, located 100 km northeast of Sudbury, Ontario

July 16, 2020 –  Rockport, Canada – New Age Metals Inc. (TSXV:NAM); (OTC:NMTLF); (FSE:P7J). NAM is pleased to announce as part of its Phase 2 2020 exploration and development program at the Company’s 100% owned River Valley Palladium Project, that Story Environmental (“Story”) has been engaged to conduct environmental baseline work beginning in the third week of July.

Harry Barr, Chairman & CEO stated, “We are happy to be working with Story Environmental on this critical work program at River Valley. As a development asset, we are looking forward to continuing to de-risk River Valley by adding to our existing environmental studies and completing our 2019 Preliminary Economic Assessment recommendations in advance of a Prefeasibility study.”

The environmental baseline studies are planned to commence in the third week of July. Adequate consideration at the start is necessary to ensure that such programs are rigorously defined and that the appropriate data are collected and aligned to support future permitting efforts. This year’s data collection will include: collecting and analysing two rounds of surface water samples in both low- and high-flow conditions, conducting flow measurements at two local sites, and conducting a fish community and habitat survey. The baseline program data collection may continue into Q4 2020, depending on progress and field conditions.

Further to the environmental baseline program, a Stage 1 Archaeological Assessment within the River Valley Project area will be completed as part of the Company’s Phase 2 program.

The Phase 2 exploration and development program will also include a drill program, in which two vertical holes totalling 750 metres are planned and will be completed by a single diamond drill rig. Drilling is scheduled to commence in the third week of July and should be completed within about two weeks. The drilling will test for presence of the favourable Breccia Unit of the River Valley Intrusion (or feeder magma conduit), fault and fold structures, and palladium mineralization, either an along strike continuation of the Pine Zone or a new zone (Figure 1). Assay results should be available from the laboratory by the end of August. Pending results, the two Phase 2 holes and other holes nearby may be surveyed by downhole IP techniques for off-hole anomalies that could represent palladium mineralization. This Phase 2 drill program is the second phase of a three phase 5,000 metre drill program proposed for 2020.


Click Image To View Full Size

Figure 1. Pseudo-section view looking roughly southwest along strike of target towards the Pine Zone palladium mineralization. Two Phase 2 drill hole locations (PZ-20-07p and PZ-20-08p) shown in red. The objective of these two holes is to test for the presence of the following three geological features: 1) the favourable host Breccia Unit; 2) palladium mineralization (i.e., the IP chargeability target); and 3) the Boundary Shear Zone.

About the River Valley Palladium Project

The details of the updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) were announced in the press release dated August 9, 2019 and are described on NAM’s website. The pit constrained Updated Mineral Resource Estimate formed the basis of the PEA. At a cut-off grade of 0.35 g/t PdEq, the Updated Mineral Resource Estimate contains 2.9 Moz PdEq in the Measured plus Indicated classifications and 1.1 Moz PdEq in the Inferred classification. The PEA is a preliminary report, but it demonstrates that there are potentially positive economics for a large-scale mining open pit operation, with 14 years of Palladium production. Refer to the NAM website (www.newagemetals.com) for details.

About NAM

New Age Metals is a junior mineral exploration and development company focused on the discovery, exploration and development of green metal projects in North America.
The Company has two divisions; a Platinum Group Metals division and a Lithium/Rare Element division. The PGM division includes the 100% owned River Valley Project, one of North America’s largest undeveloped Platinum Group Metals Projects, situated 100 km from Sudbury, Ontario and the Genesis PGM Project in Alaska. The Lithium division is the largest mineral claim holder in the Winnipeg River Pegmatite Field where the Company is exploring for hard rock lithium and various rare elements such as tantalum and rubidium. Our philosophy is to be a project generator with the objective of optioning our projects with major and junior mining companies through to production. New Age Metals is a junior resource company on the TSX Venture Exchange, trading symbol NAM, OTCQB: NMTLF; FSE: P7J with 138,854,511 shares issued to date.

Investors are invited to visit the New Age Metals website where they can review the company and its corporate activities. Any questions or comments can be directed to [email protected] or Harry Barr at [email protected] or Cody Hunt at [email protected] or call our field office at 613 659 2773.

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Qualified Person

The contents contained herein that relate to Exploration Results or Mineral Resources is based on information compiled, reviewed or prepared by Bill Stone, P.Geo., a consulting geoscientist for New Age Metals. Dr. Stone is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content of this news release.

On behalf of the Board of Directors

“Harry Barr”

Harry G. Barr

Chairman and 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 adequacy or accuracy of this release.

Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.

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Gratomic $GRAT.ca Appoints Armando Farhate as Chief Operations Officer and Head of Graphite Marketing and Sales $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ $NMI.ca

Posted by AGORACOM at 10:49 AM on Wednesday, July 15th, 2020
Grat square logo image light
  • Mr. Farhate will oversee all operations for the Aukam Graphite Mine
  • Prior experience in the planning, engineering, project management, marketing and sales areas of the graphite mining industry

TORONTO, ON / ACCESSWIRE / July 15, 2020 / Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT)(FRANKFURT:CB81)(WKN:A143MR) officially welcomes Armando Farhate aboard as Chief Operations Officer and Head of Graphite Marketing and Sales. Mr. Farhate was previously appointed as Head of the Advisory Board. Due to his extensive and successful experience in the graphite mining industry, Gratomic is thrilled to have him onboard in his new role with the Company.

Mr. Farhate will oversee all operations for the Aukam Graphite Mine in Namibia, Africa. This includes the completion of the final 10% of construction required to take the processing plant into the full commissioning phase. He will also be responsible for the management of graphite product sales and marketing, leading to the procurement of purchase contracts and the vertical integration required for the creation and sale of end-user products. Mr. Farhate’s appointment as Chief Operations Officer is subject to TSX Venture Exchange approval

Mr. Farhate’s prior experience in the planning, engineering, project management, marketing and sales areas of the graphite mining industry make him the ideal candidate to fill this role. In past projects, he was responsible for quality management, environmental management, and implementing strategic and tactical planning. In addition to operations and graphite marketing and sales, Mr. Farhate will oversee the quality management of the Aukam Graphite Mine and he will coordinate important decisions regarding processing.

Some notable accomplishments in Mr. Farhate’s experience include Natural Graphite Operations/Product Director with Imreys Graphite and Carbon and COO at National de Graphite Ltda. Some of Mr. Farhate’s responsibilities at Imreys included acting as Operations Director, directly responsible for the mining and processing units in Lac-Des-Îles, QC, and Terrebonne, QC, Canada, with 60 employees and annual sales revenue of $ 18 MM CDN. Farhate obtained 15% of OEE improvement and reduction to zero of lost time accidents. He carried out technical visits and operational due-diligences in projects of new industrial units in several countries, including a project that resulted in a joint venture in Namibia, with assets of US$ 40MM and Imreys holding a 51% share of the joint venture.

While at Imreys, Farhate was also responsible for ensuring that the product offering was adequate to the needs of the target markets, which included the preparation and development of business cases aimed at launching new product lines and new production processes; the definition of sales price policies, and the development of Marketing and Sales plans for new industrial units. He was in charge of the long-term strategy for Natural Graphite, including the definition of new production locations and sourcing strategies.

During his time at National de Grafite Ltda., Armando Farhate was responsible for the direct management of Geology, Mine Planning, Mining, Processing, Industrial Engineering, R&D, Quality System, Environment, and Sales & Marketing. He performed high level contacts with federal and state regulatory public organizations in Brazil, as well as with municipalities and state congressmen, regarding mining permitting and environment licensing processes.

Mr. Farhate coordinated new mine opening processes, including the obtaining of mining permissions and environment licenses. He coordinated, together with specialized consultants, mineral assets evaluation processes and implemented control tools generating integrated information about output, efficiency, cost and inventory levels of three different plants and more than 20 product lines, optimizing production planning and order fulfillment and obtaining OEE improvements up to $1.25 MM/yr. CDN at the three industrial units held by NDG.

He led new product and process development, including the negotiation of partnerships with public and private universities in Brazil and abroad with emphasis on the obtaining of graphite oxide and graphene from natural crystalline graphite, and on the development of process technology for lithium-ion battery anode. He conducted, in partnership with HR and Controlling, a restructuring process on administrative and supporting areas, including upper management, with saving of $300,000/yr CDN.

Mr. Farhate’s experience and expertise will undoubtedly be of great value to the Company.

About Gratomic Inc.

Gratomic is a materials company focused on mine to market commercialization of graphite products and components for a range of mass market products. The Company currently holds two off-take purchase agreements for graphite product sourced from the Aukam facility. One agreement is with TODAQ and the other is with Phu Sumika. The Company is listed on the TSX Venture Exchange under the symbol GRAT.

For more information: visit the website at www.gratomic.ca or contact:

Arno Brand at [email protected] or 416 561-4095

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