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Augusta $AAO.ca Announces Normal Course Issuer Bid For Up To 17,340,061 Common Shares $PHO.ca $DYA.ca $OPS.ca

Posted by AGORACOM-JC at 12:02 PM on Tuesday, November 14th, 2017

 

Augustalarge

  • Intends to commence a normal course issuer bid for up to 17,340,061 common shares,
  • Representing up to 10% of the Company’s public float
  • Purchases will be by way of open market purchases through the facilities of the TSX Venture Exchange
  • Company will pay the market price of the Shares at the time of acquisition

Toronto, Ontario–(November 14, 2017) – Augusta Industries Inc. (TSXV: AAO) (the “Company”) would like to announce its intention to commence a normal course issuer bid (“NCIB”) for up to 17,340,061 common shares (“Shares”), representing up to 10% of the Company’s public float.

Purchases will be by way of open market purchases through the facilities of the TSX Venture Exchange (the “Exchange”) and the Company will pay the market price of the Shares at the time of acquisition. The Company will conduct the NCIB through TD Securities. All Shares purchased by the Company will be subsequently cancelled.

The Company has received approval from the Exchange to commence its NCIB on November 20, 2017. The bid will end on November 19, 2018 or earlier if the number of Shares sought in the NCIB has been obtained. The Company reserves the right to terminate the bid earlier if it determines such action to be appropriate. Although the Company intends to purchase Shares under its NCIB, there can be no assurance that any such purchases will be completed.

The Company believes that the purchase of the Shares will increase the proportionate interest of, and be advantageous to, all remaining security holders. The normal course purchases will also afford an increased degree of liquidity in the market.

About the Corporation

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

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

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

Corporation Contact:

Allen Lone, President and C.E.O.
Tel: 905.275.8111, Ext. 226
Email: [email protected]

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This press release contains forward-looking statements based on assumptions, uncertainties and management’s best estimates of future events. Actual results may differ materially from those currently anticipated. Investors are cautioned that such forward-looking statements involve risks and uncertainties. Important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements are detailed from time to time in the Company‘s periodic reports filed with the Ontario Securities Commission and other regulatory authorities. The Company has no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

betterU Education Corporation $BTRU.ca Provides Stock Halt Update

Posted by AGORACOM-JC at 11:21 AM on Tuesday, November 14th, 2017

Betteru large

  • Provides update in regards to the extended stock halt
  • Corporation is expecting that the halt to the stock will be lifting shortly and that the business will continue forward as normal

OTTAWA, Nov. 14, 2017 – betterU Education Corp. (TSX-V:BTRU) (FRANKFURT:5OGA), (the “Corporation” or “betterU”), would like to provide an update in regards to the extended stock halt from trading of betterU.

On October 19th, 2018 at the request of the Corporation, management of betterU contacted the Investment Industry Regulatory Organization of Canada (IIROC) and the TSXV with details of a pending press release. Due to the significantly material nature of the proposed financing, the Corporation decided to ensure that all governing bodies should be involved in the understanding of the deal prior to any detailed market disclosures. As the binding letter of Intent was considered material, it was determined by the board that it needed to be announced, subject to additional validations.

Over the last three weeks, the Corporation’s leadership has been working with the TSXV in outlining the nature of the deal, how the opportunity came about, providing details for who the participants involved are, validation of fund capacity of the investor and what the required disclosures of the business and the announcement for the market should include. Currently the Corporation is completing final validation. These efforts made are for the best interest of the market and the Corporation’s shareholders. It is part of our responsibility to ensure validation for any such significant material news that can affect positively or negatively in the market.

The Corporation is expecting that the halt to the stock will be lifting shortly and that the business will continue forward as normal.

About betterU

betterU, a global education marketplace, aims to provide access to quality education from around the world to foster growth and opportunity to those who want to better their lives. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated education-to-employment ecosystem. betterU’s offerings can be categorized into several broad functions: to compliment school programs with flexible KG-12 programs preparing children for next stage of education, to provide access to global educational opportunities from leading educators, to foster an exceptional educational environment by providing befitting skills that lead to a better career, to bridge the gap between one’s existing education and prospective job requirement by training them and lastly, to connect the end user to various job opportunities.

www.betterU.ca and www.betterU.in

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. Certain statements in this release are forward-looking statements, which include completion of the proposed Investment, the anticipated use of the proceeds of the Investment, the development and expansion of betterU’s operations, and other matters. There can be no assurance that the Investment will be completed as proposed or at all. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, which contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, the development of competitive technologies, the marketplace acceptance of betterU’s products, and other factors, many of which are beyond the control of betterU. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, betterU disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, betterU undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above. Further information on betterU’s public filings, including their most recent audited consolidated financial statements, are available at www.sedar.com.

For further information, please visit  http://www.betteru.ca/investor-overview/

Investor contact:

Investor Relations
1-613-695-4100 Ext. 233
Email: [email protected]

Namaste $N.ca Expands Brazilian Market and Acquires Leading Vaporizer Retailer $ATT.ca $ABCN.ca $ACG.ca $ACB

Posted by AGORACOM-JC at 9:30 AM on Tuesday, November 14th, 2017

Nlogo

  • Acquired the domain and customer database of Brazil’s largest vaporizer retailer, vaptvupt.lojaintegrada.com.br
  • Acquisition of VapeBr is accretive in nature and is expected to add over CAD $1M in additional annual revenue to Namaste’s current revenue stream

VANCOUVER, British Columbia, Nov. 14, 2017 – Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N) (FRANKFURT:M5BQ) (OTCMKTS:NXTTF) is pleased to announce that it has acquired the domain and customer database of Brazil’s largest vaporizer retailer, vaptvupt.lojaintegrada.com.br (“VapeBr”), in consideration of signing an exclusive services agreement for fulfillment (the “Agreement”) for Namaste’s Brazilian operations.  The acquisition of VapeBr is accretive in nature and is expected to add over CAD $1M in additional annual revenue to Namaste’s current revenue stream.

Under the terms of the Agreement, Namaste has acquired the VapeBr domain and will therefore inherit all future associated revenue.

VapeBr management has agreed to provide the following under the Agreement:

  • Inventory management
  • Order processing
  • Local support
  • Warranty/Return Processing

As a result of this transaction, Namaste plans to greatly expand the VapeBr product offering, as it sees very strong growth potential in the Brazilian market. The acquisition of the VapeBr e-commerce platform is not only expected to have an immediate impact on Namaste’s revenue, but it is also expected to add over 10,000 additional customers to Namaste’s growing global database of medical cannabis users. Through the integration of VapeBr onto Namaste’s proven e-commerce platform, Namaste is confident it can substantially grow this already impressive customer base. This Agreement further validates Namaste’s ability to consolidate industry competitors and expand its operations abroad.

Additionally, Namaste is pleased to announce that the NamasteMD smartphone app has been submitted to the Apple Store, is awaiting approval, and is expected to soon be available on both IOS and Android devices. NamasteMD is a revolutionary telemedicine application which has been designed to connect patients with doctors and nurse practitioners, in an attempt to facilitate a seamless process for obtaining medical documents under Canada’s Access to Cannabis for Medical Purposes Regulations (“ACMPR”) program. This state of the art application incorporates facial recognition algorithms, and is the first of its kind to feature exclusive age and identity verification technology. Namaste plans on utilizing this technology on the NamasteMD platform to distribute medicinal cannabis through its wholly owned subsidiary, Cannmart Inc.

Management Commentary

Sean Dollinger, President and CEO of Namaste comments:  “I am extremely proud of our team for building an e-commerce platform that is being actively solicited by our direct competitors to work collaboratively. Based on this agreement, we expect further opportunities to present themselves for Namaste to work with companies looking to divest their businesses, and believe such arrangements are a win-win situation for all parties involved. We are extremely excited that our efforts are not only being noticed but rewarded with arrangements as such. Namaste welcomes these opportunities and anticipates these trends to continue as Namaste steals market share on a global scale. This transaction further confirms the value we have created with regards to the products and services we provide, and our ability to leverage our database moving forward.

As our e-commerce platform evolves, we are confident our decision to implement cutting edge age and identity verification technology ahead of our competition will be instrumental in allowing us to become industry leaders. We believe these innovative initiatives not only demonstrate our commitment to the industry, but also provide an ideal solution to ensure the safe and responsible distribution of recreational cannabis on both a provincial and federal level.”

About Namaste Technologies Inc.
Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through e-commerce sites in 26 countries and with 5 distribution hubs located around the world. Namaste has majority market share in Europe and Australia, with operations in the UK, US, Canada and Germany and has opened new supply channels into emerging markets including Brazil, Mexico and Chile. Namaste, through its acquisition of Cannmart Inc., a Canadian based late-stage applicant for a medical cannabis distribution license (under the ACMPR Program) is pursuing a new revenue vertical in online retail of medical cannabis in the Canadian market. Namaste intends to leverage its existing database of Canadian medical cannabis consumers, along with its expertise in e-commerce to create an online marketplace for medical cannabis patients, offering a larger variety of product and a better user experience.

On behalf of the Board of Directors

“Sean Dollinger”
Chief Executive Officer
+1 (786) 389 9771
Email: [email protected]

Further information on the Company and its products can be accessed through the links below:
www.namastetechnologies.com
www.namastevaporizers.com
www.namastevaporizers.co.uk
www.everyonedoesit.com
www.everyonedoesit.co.uk

FORWARD LOOKING INFORMATION This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, Namaste assumes no responsibility to update or revise forward looking information to reflect new events or circumstances unless required by law. 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 press 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 press 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 nor approved the contents of this press release.

FEATURE: Legendary Financier, Sheldon Inwentash, Sets His Focus On #Blockchain Themed Technologies and Tells Investors “Stay Tuned” #ThreeD $IDK.ca $HIVE.ca $CODE.ca

Posted by AGORACOM-JC at 12:29 PM on Monday, November 13th, 2017

Threed capital

IDK:CSE

ThreeD Capital (IDK:CSE) recently issued a Press Release Announcing It Had Revised It’s Investment Verticals, With A Hard Focus On Blockchain Themed Technologies.  Many of you don’t know ThreeD Capital – Just Yet – but you do know it’s Founder, Chairman and CEO, Sheldon Inwentash.  If you don’t, then you’re about to make your discovery of the year.

 

In short, when Sheldon Inwentash speaks, listeners stand to make a lot of money.  A lot.  He spoke today about why he’s set his sights on the Blockchain.  His most powerful words were his final two … “Stay Tuned”.

FEATURE: American Creek $AMK.ca JV Drill Program is Well on Its Way to Defining a Gold Resource $TUD.ca $SA $SEA.ca #Seabridge

Posted by AGORACOM-JC at 11:58 AM on Monday, November 13th, 2017

AMK: TSX-V, OTCBB: ACKRF

RECENT HIGHLIGHTS

  • Encountered numerous high grade gold/silver intercepts in preliminary drilling at the new HC zone at the Treaty Creek Project Read More
  • Additional gold discovery of 5.1m of 9.57 g/t gold from 249.35m to 254.45m Read More
  • Discovered a New Gold Zone at Treaty Creek: 110 M of 0.909 g/t Gold, Upper 316 M of Hole Yet to Be Assayed
  • Specimens from the Electrum property average 27,092 gm/tonne silver and 248 gm/tonne gold. Read More
  • Completed the previously announced Magnetotelluric survey and has commenced drilling Read More
  • Hole CB-16-03 returned 0.526 g/t gold over 629.7 meters
  • Included within this wide 629.7 meter interval is 338 meters of 0.70 g/t gold
  • Also included 54 meters (from 88 to 142 meters) of 1.117 g/t gold and 122 meters of 0.965 g/t gold
  • Reports that drill program is well on its way to defining a Gold Resource

View Presentation

PyroGenesis $PYR.ca Additive to Reveal Completion of Powder Performance Characterization Results by Independent Parties at FormNext $HPQ.ca $DDD $SSYS $PRLB

Posted by AGORACOM-JC at 8:43 AM on Monday, November 13th, 2017

Pyr header 1

  • Powder performance characterization program, for Titanium (Ti64 ELI) powders, by independent parties, has been completed,
  • Will be revealed at FormNext this week in Frankfurt, Germany
  • FormNext is the leading trade fair for the Additive Manufacturing industry.

MONTREAL, Nov. 13, 2017 — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V:PYR) (OTCQB:PYRNF), a high-tech company (the “Company” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma waste-to-energy systems and plasma torch products, announces today that its powder performance characterization program (the “Program”), for Titanium (Ti64 ELI) powders, by independent parties, has been completed, and will be revealed at FormNext this week in Frankfurt, Germany. FormNext is the leading trade fair for the Additive Manufacturing (“AM”) industry.

The Program consisted of:

i) Powder Analysis: an analysis of the properties of PyroGenesis’ titanium (Ti64) powders in comparison to a well-known titanium powder supplier, and

ii) Performance Testing: testing the performance of these powders on one of the most widely installed metal 3D printers1, using the manufacturer’s settings, and generating a Material Data Sheet (“MDS”) which, management believes, compares favorably to those available in the marketplace.

The powder analysis was performed by an independent laboratory, who analyzed common powder properties such as sphericity, density and purity, using a cutting-edge digital imaging technique. During this process, PyroGenesis’ titanium powders were scanned using a Nikon XT H 225 X-ray m-CT system. The volume was then reconstructed with a voxel size of 1.1 µm3 and analyzed with the Dragonfly V3 powder analysis routine. The aspect ratio, equivalent diameter, volume and porosity of the powder were evaluated.

“We consider a perfect powder to be highly spherical, fully dense, and pure,” said Mr. Pierre Carabin, Chief Technology Officer of PyroGenesis. “Our powders were sent to an independent lab for analysis, and when tested, reflected a high level of sphericity, little-to-no porosity, with exceptional purity. These combined results make, in my opinion, our powder exceptional in the market.”

The second part of the Program, which was performed by an independent university research team, consisted of testing PyroGenesis’ powders on one of the most widely installed Selective Laser Melting (SLM) type printers, to produce test parts, collect performance parameters, and generate a MDS specific to PyroGenesis’ titanium powders. The results were found to compare favorably with those presently available in the marketplace.

__________
1 Wholer’s Report 2016

Printer OEMs characterize powders on their printers to provide a MDS which highlights the expected performance of a specific part produced, using a specific powder, on a chosen setting. Typically, printer OEMs provide predefined parameter settings for each material with the goal of optimizing a specific aspect of the print job (for example, one setting may optimize quality while another typically optimizes productivity, i.e. faster build rate).

PyroGenesis worked with the university research team to generate a PyroGenesis’ MDS which outlines the performance parameters of PyroGenesis’ titanium powders on an EOS M 280 400W printer, at the manufacturer’s standard settings, to optimize quality. The results produced equivalent, or better, results than those widely accepted.

PyroGenesis is currently in the process of determining, and generating, two (2) additional performance MDS for the same printer, but now focusing on productivity, i.e. build rate. The first (1st) data sheet will be generated using the manufacturer’s standard settings for productivity, while the second (2nd) will be generated at a setting optimized to take advantage of the specific characteristics of PyroGenesis’ powders.

“Given the data received to date, we expect that the build rate will be significantly higher, for the same quality than that currently available,” said Mr. Pierre Carabin. “These results are excepted within the next four (4) months.”

“The economic value of a printer lies in the build rate. The more parts you can print without losing quality implies significant value to the user,” said Mr. P Peter Pascali, President and CEO of PyroGenesis. “By making available a competitively priced powder, which could increase build rates, will significantly impact the economics of the printer to an end user.”

PyroGenesis will be presenting the results announced today at the upcoming FormNext show in Frankfurt, Germany (Nov 14-17, 2017) in Hall 3.0, Booth G33, wherein the Company will reveal both i) the powder characterization test results and related 3D animated images, as well as ii) the MDS for -53/+20 µm Ti64 grade ELI powders.

About PyroGenesis Canada Inc.

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

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s ongoing filings with the securities regulatory authorities, which filings can be found at www.sedar.com, or at www.otcmarkets.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

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

SOURCE PyroGenesis Canada Inc.

For further information: Rodayna Kafal, VP, Investor Relations and Communications, Phone: (514) 937-0002, E-mail: [email protected] or [email protected]

AUGUSTA INDUSTRIES (AAO:TSXV) LOCK-UP AGREEMENT IS A WINNING STRATEGY $PHO.ca $DYA.ca $OPS.ca

Posted by AGORACOM at 9:20 PM on Thursday, November 9th, 2017

AUGUSTA INDUSTRIES (AAO:TSXV) LOCK-UP AGREEMENT IS A WINNING STRATEGY

On September 29, 2016, Major Shareholders and Directors of dynaCERT announced a Lock-Up of more than 55,000,000 shares for 180 days, representing ~ 23% of the Company’s shares.  The purpose of the Lock-Up was stated as follows:

“Given the significant progress that has been achieved in recent months, we felt a Voluntary Lock-Up Agreement would demonstrate to shareholders and potential investors the commitment and confidence that management, directors and certain major shareholders have in the future of dynaCERT.”

The Company proceeded to make significant progress and its stock achieved the following performance over the next 12 months.

 

 

Augusta Industries Announces Lock-Up Agreement

On November 9th, Augusta Industries announced a Lock-Up Agreement for Directors and Officers holding 83.4 Million shares, representing 32% of the Company’s outstanding share amount.  One major term of the Agreement is the agreement to vote the shares in support of the Augusta Spin-Off of Fox-Tek Canada Inc.

Allen Lone, President and CEO of Augusta stated:

“The company continues to work with its advisers to ensure the success of the proposed spinoff of Fox-Tek and to ensure that it is done it a manner that is beneficial to its shareholders”

In both scenarios, management and major shareholders agreed to act in unison for the long-term benefit of each respective company and its shareholders.  Though a Lock-Up on it’s own does not create the kind of share price appreciation experienced by dynaCERT, both the underlying fundamental strengths and the shareholder unison can’t be denied as harbingers of a bright future.

HIGHLIGHTS:

  • Augusta revenues for 2016 / $4.6M
  • Augusta market cap is ~ $10,000,000 as of November 9, 2017
  • The proposed Spin-Off of FOX-TEK is expected to return up to $25,000,000 of stock to existing shareholders of Augusta.
  • Though terms of the Spin-Off are yet to be finalized, the proposed $2.5:$1 benefit to shareholders is now one step closer with the announcement of the Lock-Up Agreement.

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

 

FEATURE: Tartisan Resources $TTC.ca To Acquire Canadian Arrow Mines $CRO.ca

Posted by AGORACOM-JC at 4:26 PM on Thursday, November 9th, 2017

 

  • Tartisan will acquire all of the issued and outstanding common shares of Canadian Arrow Mines Limited by way of a court-approved plan of arrangement
  • Tartisan would issue to Canadian Arrow Mines Limited shareholders one common share of Tartisan for every 17.5 common shares of Canadian Arrow

Other Investment Highlights

  • 100% stake in the Don Pancho Zn-Pb-Ag project located in the Central Peru Polymetallic Belt with US$1.5M spent including 2,020m of diamond drilling and untested targets
  • 20% equity interest in Eloro Resources Ltd. which owns a 100% stake in the drill ready La Victoria Au-Ag project located in a gold belt that includes Pierina and Lagunas Norte
  • 100% stake in the Ichuña Cu-Ag Project located in a reemerging mining camp with exploration upside on an untested geophysical anomaly
  • Properties well located in an established mining country with high geological potential (only 1.34% of the country registers mining activity)

Feature: Augusta Industries $AAO.ca Advances FOX-TEK spin out with Lock Up Agreement

Posted by AGORACOM-JC at 2:08 PM on Thursday, November 9th, 2017

 

    • Directors and Officers of the Company are directing their Shares in support of the spin-off of FOX-TEK
    • Combined they control an aggregate of 83,454,264 common shares
    • Augusta aiming to deliver $25M in additional shareholder value
    • New Venture to be named Sensor Technologies

Toronto, Ontario–(Newsfile Corp. – November 9, 2017) – Further to its press release of September 28, 2017, Augusta Industries Inc. (TSXV: AAO) (the “Company”) would like to announce that the directors and officers of the Company, holding an aggregate of 83,454,264 common shares (the “Shares”) in the capital of the Company, have entered into a lock-up agreement where they have agreed to vote the Shares in support of the spin-off of FOX-TEK Canada Inc.

“The Company continues to work with its advisors to ensure the success of the proposed spin-off of FOX-TEK and to ensure that it is done it a manner that is beneficial to its shareholders,” said Allen Lone, President and Chief Executive Officer of the Company. “The Company is very appreciative of the achievements so far prior to the Annual shareholders general meeting, which will be announced in short order.”

About the Corporation

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

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

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

Corporation contact:

Allen Lone, President and C.E.O.
Tel: 905.275.8111, Ext. 226
Email: [email protected]

Compound in #cannabis could ease #asthma #CBD #MMJ $MCOA $TBP.ca

Posted by AGORACOM-JC at 12:58 PM on Thursday, November 9th, 2017

 

Hebrew University Prof. Raphael Mechoulam, known as the “father” of the medical cannabis industry, will lead a team investigating the benefits of non-psychoactive cannabis components for treating asthma and other respiratory conditions.

In 1964, Mechoulam, was the first scientist to successfully isolate the THC component in cannabis. He was then a young researcher at Israel’s Weizmann Institute of Science.

Of the 140 cannabinoid molecules in the cannabis plant, the two main components are THC (the psychoactive component) and CBD, which has anti-inflammatory properties. CBD is the focus of much of Israel’s burgeoning medical cannabis research on diabetes, heart disease, autism, fracture healing and inflammatory bowel disease.

Mechoulam will conduct studies on CBD and asthma together with Prof. Francesca Levi-Schaffer at the Hebrew University’s recently established Multidisciplinary Center on Cannabis Research. The research has been commissioned by CIITECH, a UK-Israeli biotech startup headed by Clifton Flack, who cofounded iCAN-Israel Cannabis. The latter is beginning clinical testing on a cannabis formulation for insomnia.

Allergic diseases including asthma, allergic rhinitis, atopic dermatitis and food allergies affect approximately 20 percent of the global population.

Mechoulam’s asthma research aim is to identify “a possible inhibitory effect of a derivative of cannabidiol (CBD) on allergic airway inflammation.”—More…

Source: http://canadafreepress.com/article/compound-in-cannabis-could-ease-asthma