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More than $1 billion of marijuana sold in Colorado in 2016 $TBP.ca $MCOA.us

Posted by AGORACOM-JC at 4:23 PM on Tuesday, December 13th, 2016
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  • Last year, the marijuana industry created 18,000 full-time jobs and generated $2.39 billion in economic activity in the state.
  • Recreational and medical cannabis shops have sold more than $1 billion of marijuana and related products so far in 2016, already surpassing last year’s total of $996,184,788

(CNN) It’s always 4/20 somewhere — at least in Colorado. The state’s marijuana shops have reached a massive new milestone: $1 billion in legal, regulated sales in the first 10 months of 2016.
Voters legalized marijuana in Colorado back in 2012, but the dispensaries didn’t open until 2014. Last year, the marijuana industry created 18,000 full-time jobs and generated $2.39 billion in economic activity in the state.

And the boom is still growing. According to new data from the state’s Department of Revenue, recreational and medical cannabis shops have sold more than $1 billion of marijuana and related products so far in 2016, already surpassing last year’s total of $996,184,788.

Attorney Christian Sederberg, partner at Vicente Sederberg, played an integral part in Colorado’s Amendment 64, which legalized marijuana in the state. He is estimating that sales of pot will reach $1.3 billion by the end of this year, which could have a total economic impact of over $3 billion.
Designer marijuana boosts THC potency
Designer marijuana boosts THC potency 02:24
“This milestone continues to show that the cannabis industry in Colorado is an engine of growth for the economy, a job creator, and one of the biggest industries in the state,” Sederberg told CNN. “People were consuming cannabis before, but now they are buying it from tax-regulated businesses that are benefiting the economy. This has replaced an underground, illegal market.”
Sederberg says that marijuana has become one of the largest industries in Colorado, and certainly the fastest growing.
“From 2015 to 2016, there has been a 53% increase in retail sales and a 9% increase in medical sales,” he said. “Medical sales are growing at a much slower rate, but recreational sales will continue to grow in the double digits.”

All-time high

Marijuana sales in Colorado hit an all-time high in September 2016, generating $127.8 million, according to The Cannabist, a Colorado-based news site covering the industry. But October’s numbers are still sizable: Shops sold nearly $82.8 million of recreational cannabis and $35 million of medical marijuana.
Colorado has three different taxes on recreational marijuana — a standard 2.9% sales tax, a special 10% sales tax, and a 15% excise tax on wholesale transfers, which go towards schools. The state collected just over $6 million from the excise tax, bringing the yearly total to $49.7 million, The Cannabist tallied.
Of that, the first $40 million will go towards school construction projects, and any additional tax revenue from the excise tax will go directly to the state’s public school fund.
In this past election, California, Massachusetts, Nevada, and Maine all approved legal sales of recreational marijuana. Medical marijuana is now legal in more than half of US states. In total, marijuana sales could expand the national market to $21 billion by 2020. That is up from $5.7 billion last year and an expected $7.9 billion this year.
But in the eyes of the federal government, marijuana is still an illegal substance. The Drug Enforcement Administration classifies marijuana as a Schedule 1 drug, the same as heroin, LSD, and ecstasy.
Source: http://edition.cnn.com/2016/12/13/health/colorado-marijuana-sales-trnd/

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US Solar Market Shatters Records In Q3 $HPQ.ca

Posted by AGORACOM-JC at 4:07 PM on Tuesday, December 13th, 2016

Energy Matters

  • 2 megawatts of solar panels were installed in the USA every hour during the third quarter of this year.
  • Based on a 260W module, that’s around 128 panels a minute; every minute of the day.

The latest  U.S. Solar Market Insight report from GTM Research and the Solar Energy Industry Association (SEIA) states 4,143 megawatts of solar PV was installed during the third quarter of the year – and the pace has picked up even more during this quarter.

Utility scale solar drove the record result in Q3, which was 99% more than Q2 2016 and 191% over Q3 2015.

“With a 90 percent favorability rating and 209,000 plus jobs, the U.S. solar industry has proven that when you combine smart policies with smart 21st century technology, consumers and businesses both benefit,” said  Tom Kimbis, interim president of SEIA.

That job tally may be substantially higher now as the figure appears to have been taken from the Solar Foundation’s National Solar Jobs Census 2015

USA solar PV installations

GTM Research forecasts 14.1 GWdc of new PV installations will be connected by the end of this year 2016, up 88% over 2015.  This will mark the first time the U.S. has eclipsed the 10 GWdc annual mark.

Utility PV is expected to account for over 70% of that new capacity.

While the residential segment was down 19% from Q2 2016, it was up 2% from Q3 2015.

Non-residential PV (which includes commercial solar) performed solidly; up 15% from Q2 2016 and up 37% from Q3 2015.

Between the first and third quarters of this year, solar made up 39% of all new electric generating capacity connected in the USA, ranking behind only natural gas.

Mr. Kimbis said while it may have taken the USA 40 years to hit 1 million solar installations, the nation is expected to reach 2 million within the next two years. It looks like our U.S. friends will eclipse Australia’s impressive ~1.6 million system total quite soon – but to be fair; there’s nearly 14 times more of them than there are of us.

More from the latest U.S. Solar Market Insight  can be viewed here.

Source: http://www.energymatters.com.au/renewable-news/usa-solar-record-5815/

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HPQ Silicon Designates Roncevaux Quartz Deposit As Property Of Merit In Preparation For Gold Spin Out. Announces Equity Financing $HPQ.ca

Posted by AGORACOM-JC at 9:36 AM on Tuesday, December 13th, 2016

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  • Geology surveys identified an estimated 250 metre extension to the main quartz vein deposit
  • Significantly increases its’ potential to supply raw material to HPQ’s planned high purity silicon processing facility once completed

December 13, 2016 / Montreal, Quebec, Canada HPQ Silicon Resources Inc (“HPQ”) (TSX Venture: HPQ) is pleased to inform shareholders that geophysics and geology surveys carried out in the fall of 2016 on the company’s Roncevaux quartz deposit, located in the Gaspe region of Quebec, have been interpreted as having identified an estimated 250 metre extension to the main quartz vein deposit. This significantly increases its’ potential to supply raw material to HPQ’s planned high purity silicon processing facility once completed.

Results from geophysical surveys completed by the INRS are included in a new 43-101 Technical report prepare on the property by Mr. Benoit Violette, P.Geo.

PURPOSE OF NEW RONCEVAUX QUARTZ DEPOSIT 43-101

On March 11, 2016, the company announced its plans to spin out its gold projects and issue a dividend to shareholders. The purpose of the spinout is to segregate the company’s valuable but diverse holdings to unlock even greater value for shareholders.

The preparation and filing of this new 43-101 report are required steps as a result of the Company’s plan to transfer all of its gold assets into a newly formed subsidiary called Beauce Gold Fields Inc, then dividend out 80% of the Capital of the subsidiary to its shareholders.

Before transferring any of its gold assets to the new subsidiary, the Corporation needed to designate the Roncevaux Property as its Property of Merit and file a NI-43-101 Qualification report as required by TSX-Venture HPQ listing requirements.

Bernard Tourillon, Chairman and CEO of HPQ Silicon stated: “As we approach the end of 2016, the entire HPQ team is very happy to have delivered yet another major milestone to shareholders. Not only have we completed the steps necessary to designate Roncevaux as the Company’s new Property of Merit, an absolute requirement of our plan to spin out Beauce, we also managed to increase its potential size. As a result, we are now in a position to shortly deliver on our promise of unlocking great value of our gold and high purity silicon operations for shareholders.

Roncevaux 43-101 Technical Report

The Company has received a 43-101 Technical report on the Roncevaux by Mr. Benoit Violette, P.Geo. Mr. Violette competed a full overview the geology and of all historical and current exploration work. His on site inspection revealed fresh road cuts by Invenergy to access a newly built electrical wind turbine farm project, which exposed a quartz structure another 125 metres NE extension along strike to the main quartz vein deposit.

The Report recommends continuing the evaluation of the potential of the Roncevaux quartz vein to develop it into a significant ore body that could provide high purity quartz feed to the company’s silicon metal processing plant for many years to come. In order to assess this potential, it is recommended two phases of diamond drilling to test the down dip and lateral continuity and quality of the quartz vein system in the vicinity where the vein system has been exposed. Extend prospecting trenches and its lateral extension towards the NE and SW.

Mr. Benoit Violette, P. Geo is the Qualified Person as defined by National Instrument 43-101 that supervised the preparation of the information in this news release.

RESULTS FROM GEOPHYSICAL SURVEYS

Field observations from the company’s recent 43-101 Roncevaux Technical Report, as well as, results from geophysical surveys completed by the INRS, identified extensions along strike for at least 125 meters to the SW and NE beyond the limits of the trenches of the exposed quartz vein outcrop for a total length of 590 meters. Confirming these extensions will form a portion of the diamond drilling planned for 2017, using funds from the recently closed flow through private placement (see press release of October 31, 2016).

This suggests potential to expand upon the historical estimated potential of 400,000 tonnes that was calculated using 360 metres surface length of the Quartz vein outcrop average width (between 3 m and 12m) and assuming a continuation up to 50 M of depth grading at 99.20% SiO2. (GM60610: Barrette, Jean-Paul. 2003. Rapport des travaux d’exploration miniere sur la veine de quartz pur. Projet Silice Roncevaux, Canton Roncevaux, Gaspesie). All information such as resource estimates and grades herewith presented is historical in nature and while relevant, the information was obtained before the implementation of National Instrument 43-101 and as such does not meet National Instrument 43-101 reporting standards. The historical estimate should not be relied upon until the Company can confirm them.

MULTIPLE GEOPHYSICS SURVEYS

A team supervised by Dr. Marc Richer-LaFleche, Ph.D. (Geo) of the Institut National de la Recherche et des Sciences (INRS, Eau Terre Environnement) completed a series of geophysics analysis to characterize the Roncevaux quartz vein deposit. The work identified the presence of a massive quartz vein as well as an anomaly suggesting a 125 metre on strike SW extension. The surveys carried out on the property were optimized to detect the presence of resistive units caused by the presence of massive quartz veins encased in more conductive sedimentary rocks. In addition to the exploration of the quartz on the property, the surveys were intended to improve the understanding of the geology of the property.

Geophysics Work included:

Creating a survey grid network at 50 metre intervals, to complete the following geophysics surveys:

  • -Electromagnetic induction surveys in the frequency domain (Promis-10 and GEM2 surveys)-GSM-19 magnetometric survey carried out in stationary acquisition mode.-Total magnetic field and magnetic gradient data were measured over the entire geophysical survey perimeter.-Three sections of 400m in geo-electric tomographic acquisition mode (Terrameter LS)

New Private Placement

HPQ-Silicon also announces that it is proceeding with a new non-brokered private placement of up to 5,000,000 units (“Unit”) at $0.14 per Unit for gross proceeds of up to $700,000. Insider participation in this placement could account for up to 10% of the total amount subscribed

Net proceeds of the placement will be used for the placement fees; legal expenses; ongoing business development costs related to the development of HPQ – 200 TPY R&D Solar Grade Silicon Metal PUREVAP(TM) Quartz Reduction Reactor Pilot Plant and general corporate expenses. If demand warrants, the size of the placement may be increased by another 2,000,000 units.

Each Unit is comprised of one (1) common share and one (1) common share purchase warrant (“Warrant”) of the Company. Each Warrant will entitle the holder thereof to purchase one common share of the capital stock of the Company at an exercise price of $ 0.25 during a period of 24 months from the date of closing of the placement. Each share issued pursuant to the placement will have a mandatory four (4) month holding period from the date of closing of the placement. The placement is subject to standard regulatory approvals.

Bernard Tourillon, Chairman and CEO of HPQ Silicon stated: “This funding will provide HPQ-Silicon the resources and flexibility to continue the development of the Pilot Plant project with PyroGenesis while simultaneously continuing ongoing discussion with Government based agencies that are demonstrating an interest in the PUREVAP QRR potential.”

The Corporation is agreeable to pay Finder’s Fees, subject to The TSX policies, to introducing agents that participate in the private placement.

About HPQ Silicon

HPQ Silicon Resources Inc is a TSX-V listed junior exploration company planning to become a vertically integrated and diversified High Value Silicon Metal (99.9+% Si), and Solar Grade Silicon Metal (99.9999% Si) producer.

Our business model is focused on developing a disruptive High Purity and Solar Grade Silicon Metal manufacturing process (patent pending) and becoming a vertically – integrated Solar Grade Silicon producer that can generate high yield returns and significant free cash flow within a relatively short time line.

Disclaimers:

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or the securities laws of any state of the United States and may not be offered or sold within the United States or to, or for the account or the benefit of, U.S. persons (as defined in Regulation S un der the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

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 on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.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 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.

For further information contact

Bernard J. Tourillon, Chairman and CEO Tel (514) 907-1011
Patrick Levasseur, President and COO Tel: (514) 262-9239
www.HPQSilicon.com

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Platinum Metal Discovery Confirmed at River Valley Project Near Sudbury, Ontario $PFN.ca

Posted by AGORACOM-JC at 9:10 AM on Tuesday, December 13th, 2016

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  • 2.57 g/t Pd+Pt over 18m, including 4.06 Pd+Pt over 9m from 169m downhole
  • Drilling confirmed discovery at T2 near Dana North
  • 2.5 Moz Platinum Metals in near-surface Measured and Indicated Resources
  • Within 100 road-kms of Sudbury, strong infrastructure and community support
  • 100%-owned Lithium Division with Exploration Projects in Manitoba and Nevada

Vancouver, British Columbia / December 13, 2016 - Pacific North West Capital Corp.(“PFN”) (TSXV: PFN OTCQB: PAWEF FSE: P7J) is very pleased to announce new results from the recently completed drill program on its 100% owned River Valley Platinum Group Metal (PGM) project near Sudbury, Ontario. The drill program successfully expanded mineralization down-dip and along strike of the 2015 intersections at Target T2 (see PFN press release dated March 11, 2016) and corroborated the geological model. The drill results reported herein confirm the discovery of a new PGM mineralized zone at River Valley, hereafter named the Pine Zone (Figure 1).

The Pine Zone drill program consisted of five holes for 1367 metres, of which four intersected significant PGM mineralization. A total of 603 split samples were submitted to SGS Canada Inc. Laboratories for assay analyses. The significant new drill assay results include 2.57 g/t Pd+Pt over 18 metres from 169 metres in hole DN-T2-06, 1.92 g/t Pd+Pt over 20 metres from 202 metres in hole DN-T2-10, and 1.84 g/t Pd+Pt over 17 metres from 217 metres in hole DN-T2-11. These results demonstrate the potential for significant new near-surface mineralized zones at the north end of the River Valley Project. Drill core assay results and hole collar locations and orientations are listed in Tables 1 and 2 below.

Table 1. Assay Results


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Table 2. Collar Locations and Orientations


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Figure 1. Location of the Pine Zone at the north end of the River Valley PGM Project.

PFN Chairman and CEO Harry Barr commented, “The discovery of a new near-surface, high-grade PGM zone in the most accessible part of the project represents a major leap forward in the exploration and development potential of our River Valley Project. The Pine Zone discovery demonstrates the continued success of drill hole targeting based on IP geophysical surveys and 3D geological modelling. The drill results highlight the potential for discovery of similar mineralized zones in other previously overlooked areas at River Valley, and are an additional indication of the camp scale potential in the under explored region east of Sudbury.”

The next steps in PGM exploration of the Pine Zone and other similar priority areas at River Valley include 3D geological modelling of the 2016 drill results, followed by IP surface and borehole geophysical surveys to aid identification of priority targets for drill testing in 2017.

Financial support from the JEAP Program for the 2016 drill program at River Valley is gratefully acknowledged.

SAMPLE ASSAY PROCEDURES & QA/QC

The drilling was completed by Jacob & Samuel Drilling Ltd. of Sudbury, Ontario under the supervision of PFN geologists. The drill core samples were sent to the SGS Canada Inc. Laboratory in Lakefield, Ontario for sample preparation and assay analyses. The preparation involved crushing of 3 kilograms of each sample to 90% passing 2 mm, and then pulverizing 0.5 kilograms to 85% passing 75 um. Palladium, Platinum and Gold were assayed by fire assay with ICP-AES finish (GE-FAI313). Copper, Nickel and 32 additional metals were assayed by two acid digestion and ICP-OES finish (GE-ICP14B). Blanks and blind certified standard samples were submitted at regular intervals for assay with the core samples as part of PFN’s rigorous Quality Assurance/Quality Control program.

About PFN’s Lithium Division

The Company’s Lithium Division will focus on the Discovery, Acquisition, Exploration and Development of Lithium Projects in Canada. In the United States, the Company will use its wholly owned U.S.A subsidiary to Acquire and Develop Projects, in Active Mining Camps, in Nevada, Arizona and California.

Management believes that these New Age Metals, Lithium, PGMs and Rare Earths, have robust macro trends with surging demands and limited supply. Going forward, this New Division will Explore for the Minerals needed to fuel the demand for Energy Storage and other Core 21st Century Technologies.

The Company has a Growing Portfolio of Lithium Projects: The Clayton Valley Forks Li Project, in Nevada, is a recent Lithium Brine Project acquired by the Company. The Company also has several Hard Rock Lithium Projects in Canada: To date the Company has Acquired 5 Hard Rock Lithium Projects, in the Winnipeg River Pegmatite Field, in SE Manitoba. This Pegmatite Field hosts the giant Tanco Pegmatite that has been mined for Tantalum, Cesium and Spodumene (one of the primary Lithium ore minerals) in varying capacities, since 1969. Today, the Tanco Mine is focused on the Mining and Production of Cesium Formate, a drilling fluid for the petroleum industry. PFN’s Li Projects are strategically situated to further Explore this Pegmatite Field. Presently, the Company is the Largest Claim Holder in the Winnipeg River Pegmatite Field.

Lithium and Platinum Group Metal Prices have improved drastically in recent months. Lithium supplies remain in deficit, relative to their demand. Both Metals Groups are used for the expanding worldwide automobile industry (conventional and electric). In the case of PGMs, demand is increasing for Autocatalysts, a key component for reducing toxic emissions, for automotive, gasoline and diesel engines. Regarding Lithium, there is an ever-increasing demand for batteries in cellphones, laptops, electric cars, solar storage, wireless charging and renewable energy products.


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PFN’s 5 New Lithium Projects in Manitoba, Surrounding Tanco Mine


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Company claim blocks in the Clayton Valley area of Nevada

(Above map is a Company-made composite and not intended for redistribution.

The Company accepts no responsibility for the accuracy of these claim blocks, other than the claim block associated with the Clayton Valley Forks Li Project)

Clayton Valley is located in Esmeralda County, Nevada, host to the Albemarle Corporation’s Silver Peak Lithium Mine and Brine processing operations. The mine has been in operation since 1967 and remains the only Brine based Lithium Producer in North America. The new project acquisition in Nevada provides the Company a project, in an area that is well known for its Lithium Carbonate production. Clayton Valley is a centralized location in Nevada, with highway access, power infrastructure, water and local labour.

The company’s new Lithium Brine Project will be approximately 3.5 hours away from Tesla’s Gigafactory, which has a planned annualLithium-ion battery production capacity of 35 gigawatt-hours per year, by 2020. The CV West Li project is located approximately 3 hours north of the Faraday Electric Car Factory to be operated in Las Vegas, Nevada.

Clayton Valley is one of the few locations globally known to contain commercial-grade Lithium-Enriched Brines.

QUALIFIED PERSON

The contents contained herein that relates to Exploration Results or Mineral Resources is based on information compiled, reviewed or prepared by Dr. Bill Stone, Principal Consulting Geoscientist for Pacific Northwest Capital. Dr. Stone is a Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content.

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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Explor closes a third and final tranche of a maximum of $2 million private placement in flow-through shares $EXS.ca

Posted by AGORACOM-JC at 4:21 PM on Friday, December 9th, 2016

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  • Announces the closing of a third tranche of a non-brokered private placement previously announced for a maximum of 23,529,412 flow-through common shares at a price of $0.085 each, for total gross proceeds of up to CDN $2,000,000
  • Third and final tranche of the Private Placement closed today consists in the sale of 1,650,000 shares for an aggregate subscription of $140,250

ROUYN-NORANDA, CANADA–(Dec. 9, 2016) – Explor Resources Inc. (TSX VENTURE:EXS) (OTCQX:EXSFF) (FRANKFURT:E1H1) (BERLIN:E1H1) (“Explor” or the “Corporation“) announces the closing of a third tranche of a non-brokered private placement previously announced for a maximum of 23,529,412 flow-through common shares at a price of $0.085 each, for total gross proceeds of up to CDN $2,000,000 (the “Private Placement“). The third and final tranche of the Private Placement closed today consists in the sale of 1,650,000 shares for an aggregate subscription of $140,250. Following the three closings to the private placement, the Corporation has received a total amount of $1,557,240, representing an aggregate amount of 18,320,470 flow-through shares.

The net proceeds from this third closing of the Private Placement will have to be incurred by the Corporation in exploration expenditures on mining properties located in the provinces of Québec ($120,700) and Ontario ($19,550). No finder’s fees are payable in connection to this last closing.

The securities issued pursuant to the third closing of the Private Placement are subject to a hold period of four months and a day ending April 10, 2017.

The Private Placement is subject to the final approval of the TSX Venture Exchange.

Explor Resources Inc. is a publicly listed company trading on the TSX Venture (EXS), on the OTCQX (EXSFF) and on the Frankfurt and Berlin Stock Exchanges (E1H1).

This press release was prepared by Explor. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the Policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

About Explor Resources Inc.

Explor Resources Inc. is a Canadian-based natural resources company with mineral holdings in Ontario, Québec, Saskatchewan and New Brunswick. Explor is currently focused on exploration in the Abitibi Greenstone Belt. The belt is found in both provinces of Ontario and Québec with approximately 33% in Ontario and 67% in Québec. The Belt has produced in excess of 180,000,000 ounces of gold and 450,000,000 tonnes of cu-zn ore over the last 100 years. The Corporation was continued under the laws of Alberta in 1986 and has had its main office in Québec since 2006.

Explor Resources Inc. Flagship project is the Timmins Porcupine West (TPW) Project located in the Porcupine mining camp, in the Province of Ontario. Teck Resources Ltd. is currently conducting an exploration program as part of an earn-in on the TPW property. The TPW mineral resource (Press Release dated August 27, 2013) includes the following:

Open Pit Mineral Resources at a 0.30 g/t Au cut-off grade are as follows:

  • Indicated: 213,000 oz (4,283,000 tonnes at 1.55 g/t Au)
  • Inferred: 77,000 oz (1,140,000 tonnes at 2.09 g/t Au)

Underground Mineral Resources at a 1.70 g/t Au cut-off grade are as follows:

  • Indicated: 396,000 oz (4,420,000 tonnes at 2.79 g/t Au)
  • Inferred: 393,000 oz (5,185,000 tonnes at 2.36 g/t Au)

This document may contain forward-looking statements relating to Explor’s operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Explor’s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filling. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Explor disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

Christian Dupont, President
888-997-4630 or 819-797-4630
Fax: 819-797-1870
[email protected]
www.explorresources.com

 

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INTERVIEW: Liberty Star Provides Year End Recap and Update with George Tsiolis/ James A. Briscoe $LBSR.us

Posted by AGORACOM-JC at 11:23 AM on Thursday, December 8th, 2016

  • Company controls properties which are located over what management considers some of North America’s richest mineralized regions for copper, gold, silver, molybdenum (moly), and uranium.

Hub On AGORACOM / Corporate Profile / Watch Interview Now!

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Namaste Announces Record Monthly Sales of Over $1.0 Million and 1,308% Increase in Traffic $N.ca

Posted by AGORACOM-JC at 8:15 AM on Thursday, December 8th, 2016

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  • November unaudited sales approximately $1.0 million Canadian
  • Total traffic 596,453
  • Record monthly sales and traffic 

VANCOUVER, BRITISH COLUMBIA–(Dec. 8, 2016) – Namaste Technologies Inc. (“Namaste”) (CSE:N) (CSE:N.CN) (FRANKFURT:M5BQ) is pleased to announce that it has achieved record monthly sales and traffic for the month of November. The total unaudited sales amount for November was approximately $1.0 million Canadian and total traffic was 596,453. These results reflect the acquisition of the VaporSeller and Everyonedoesit domains. The breakdown of the revenue and traffic by domain is set forth below:


Management CommentaryAs reflected by these results, the Namaste Vapes domain generated 35.3% of revenue from 12.0% of total traffic. This disproportionate share of revenue generation is the result of a higher conversion ratio and average purchase amount per order. By applying market leading conversion and upselling techniques to the recently acquired VaporSeller and Everyonedoesit domains, the Company believes it can extract considerable revenue growth from these acquisitions, which underpins the strategic rationale of acquiring these assets. In terms of total traffic, Namaste has increased its total pre-acquisition monthly traffic from 42,353 in July to 596,453 in November, an overall increase of 1,308.3% in monthly traffic. The majority of this traffic has been secured using organic traffic generation techniques as opposed to higher cost pay-per-click advertising.

Sean Dollinger, President and CEO of Namaste, comments: “The results produced in the month of November demonstrate the transactional execution capabilities of Namaste’s management team. As we continue to implement our e-commerce development and acquisition strategies, we see multiple opportunities to further expand our revenue form organic growth and additional consolidation opportunities. In comparison to the spectrum of companies participating in the cannabis cultivation and hardware industry, we believe these results further demonstrate our scale and the value of our business in the context of the current market environment.”

About Namaste Technologies Inc.

Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has 26 e-commerce retail stores in 20 countries, offers the largest range of brand name vaporizers products on the market and is actively manufacturing and launching multiple unique proprietary products for retail and wholesale distribution. The Company is currently focused on expanding its product offering, acquisitions and strategic partnerships, and entering new markets globally.

On behalf of the Board of Directors

Sean Dollinger, Chief Executive Officer

Further information on the company and its products can be accessed through the link below:

www.namastetechnologies.com

www.namastevaporizers.com

www.namastevaporizers.co.uk

www.vaporseller.com

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 several 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.

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

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Durango Completes Follow-Up Visit To Mayner’s Fortune Limestone, BC $DGO.ca

Posted by AGORACOM-JC at 10:06 AM on Tuesday, December 6th, 2016

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  • Geological team has completed a limited mapping and sampling survey at its 100%-owned Mayner’s Fortune limestone project located in British Columbia
  • 320-hectare Mayner’s Fortune property is located 7.5km southwest of Terrace, B.C. and hosts five historically mapped sub-parallel limestone units

Vancouver, BC / TheNewswire / December 6, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces that further to its news of December 1st, 2016, Durango’s geological team has completed a limited mapping and sampling survey at its 100%-owned Mayner’s Fortune limestone project located in British Columbia.

The 320-hectare Mayner’s Fortune property is located 7.5km southwest of Terrace, B.C. and hosts five historically mapped sub-parallel limestone units. Mapping of the eastern portion of the claim block during this most recent survey confirmed the presence of broad limestone beds on the property.

Mapping Results

Limestone Unit #5 was chosen to be the focus of the mapping survey, based on its historically reported thickness and quality as well as accessibility, considering limitations introduced by recent snowfall in the area. The limestone unit was mapped for an extent of 650 metres along strike and up to 140 metres apparent thickness along surface near the centre of the claim. The unit strikes approximately north-south and dips to the east at 55-60 degrees. Porphyry intrusions and narrow mafic dikes were found to cross-cut the unit in a few locations and are estimated to comprise approximately 10-15% of the total strike-length mapped. The unit remains open towards both the north and south, and average/maximum thickness has yet to be confirmed.

The results from this survey compare well with historical mapping which estimated the limestone units to measure at least 1,600 metres along strike, while remaining open at both ends (spanning the entire length of the claim block), and up to 180 metres apparent thickness at the southern end of the claim block.

Outcrop Sampling

26 outcrop samples were taken from the limestone unit and are being submitted to Bureau Veritas located in Vancouver, British Columbia for analysis. Results from the analyses will be reported as they become available.

Updated maps will be available shortly on the Durango Resources website at the following link:

http://www.durangoresourcesinc.com/projects/limestone-bc/

In addition, Marcy Kiesman, CEO of Durango, met with representatives of Kitselas and Kitsumkalum First Nations community in effort to maintain open communication and dialogue and to form potential partnerships. Discussions will remain ongoing as the property development progresses.

The technical contents of this release were approved by Mr. Case Lewis, P.Geo., a Qualified Person as defined by National Instrument 43-101. The property has not yet been the subject of a National Instrument 43-101 report.

About Durango

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

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

Marcy Kiesman, Chief Executive Officer

Telephone: 604.428.2900 or 604.339.2243

Facsimile: 888.266.3983

Email: [email protected]

Website: www.durangoresourcesinc.com

Forward-Looking Statements

This document may contain or refer to forward-looking information based on current expectations, including commencement and completion of future exploration, final approval from governmental entities on the LNG project, Petronas determining whether to proceed with the LNG project and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, including market conditions, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to its prospectus filed on its SEDAR profile at www.sedar.com.

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

– See more at: https://www.thenewswire.com/archives?id=kEjFo22A#sthash.dSktUcO8.dpuf

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Eloro Resources Completes Acquisition of a 100% Interest in the La Victoria Gold/Silver Property $TTV.ca

Posted by AGORACOM-JC at 9:32 AM on Tuesday, December 6th, 2016

Tartisan logo copy

  • Announced the completion of the previously announced acquisition of a 100% interest in the La Victoria Gold/Silver Property (“La Victoria” or the “Property”) by Eloro from Tartisan
  • Eloro’s 100% interest in La Victoria is held by its wholly-owned Peruvian-based subsidiary, Compañia Minera Eloro Peru S.A.C., following the registration of title by the proper authorities in Peru.

Toronto, Ontario  - Eloro Resources Ltd. (TSX-V: ELO; FSE: P2Q) (“Eloro”) and Tartisan Resources Corp. (CSE:TTC) (“Tartisan”) are pleased to announce the completion of the previously announced acquisition of a 100% interest in the La Victoria Gold/Silver Property (“La Victoria” or the “Property”) by Eloro from Tartisan, following release from escrow today. Eloro’s 100% interest in La Victoria is held by its wholly-owned Peruvian-based subsidiary, Compañia Minera Eloro Peru S.A.C., following the registration of title by the proper authorities in Peru.

The acquisition was paid for by Eloro issuing Tartisan 6,000,000 common shares and 3,000,000 common share purchase warrants with limited transferability, and paying Tartisan C$250,000, less adjustments as specified in the La Victoria Purchase and Sale Agreement (the “Agreement”). Eloro owes one further payment of C$100,000, payable or on before July 17, 2017, at which time the San Markito mineral concession will be transferred by Tartisan to Eloro. Pursuant to the terms of the acquisition Eloro granted Tartisan a 2% royalty interest (the “Royalty”) on the Property, half of which can be repurchased by Eloro for C$3 million to reduce the Royalty to 1%.

All securities issued by Eloro pursuant to the Agreement are subject to a statutory 4-month hold period and are subject to a lock-up agreement whereby Tartisan will be restricted from transferring securities of Eloro for a period of 18 months following October 17, 2016, and with limited transferability for a period of four and one half years, all as detailed in the August 5, 2016 and October 17, 2016 new releases.

About Eloro Resources Ltd.
Eloro is an exploration and mine development company which recently acquired a 100% undivided interest in the La Victoria property, located in the prolific North-Central Mineral Belt of Peru. The La Victoria Property covers 45 square kilometres and is within 50 kilometres of several large low-cost producing gold mines, with three producers visible from the Property. Infrastructure in the area is good with access to road, water and electricity and is located at an altitude that ranges from 3,100 m to 4,200 m above sea level. Eloro also holds a portfolio of gold and base-metal properties in northern and western Quebec.

About Tartisan Resources Corp.
Tartisan is a Canadian exploration and development company focused on mineral exploration and development of precious and base metals properties in Canada and Peru.

For further information please contact: Thomas G. Larsen, President and CEO of Eloro or Jorge Estepa, Vice-President of Eloro at (416) 868-9168 or Mark Appleby, CEO of Tartisan Resources at (416) 804-0280.
Information in this news release may contain forward-looking information. Statements containing forward-looking information express, as at the date of this news release, the Corporation’s plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Corporation. There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.
Neither the TSXV, CSE nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

 

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Aphria Makes $1,000,000 Investment in Tetra Bio-Pharma via Private Placement to Fund PhytoPain Pharma Clinical Trials $TBP.ca

Posted by AGORACOM-JC at 9:29 AM on Tuesday, December 6th, 2016

Tbp large

  • Conducting non-brokered private placement with Aphria Inc. (TSX VENTURE:APH)(OTCQB:APHQF) of 5,000,000 units at a price of $0.20 per unit for aggregate gross proceeds of $1,000,000
  • Proceeds of the private placement will be used to initiate clinical trials in PhytoPain Pharma Inc

OTTAWA, ONTARIO–(Dec. 6, 2016) – Tetra Bio-Pharma Inc. (“Tetra Bio” or “the Company”) (CSE:TBP)(CSE:TBP.CN) and (OTC PINK:GRPOF) is conducting a non-brokered private placement with Aphria Inc. (TSX VENTURE:APH)(OTCQB:APHQF) of 5,000,000 units at a price of $0.20 per unit for aggregate gross proceeds of $1,000,000. Each unit will consist of one common share and one non-transferable warrant, with a whole warrant entitling the holder to purchase one common share of the Company at a price of $0.26 per share for a period of 3 years following the closing date. The warrants are subject to an accelerated expiry if the Company’s shares trade above $0.45 for thirty (30) consecutive trading days then the warrants will expire in 30 days if not exercised.

The private placement closed on December 5, 2016.

Completion of the private placement is subject to the receipt of all necessary regulatory approvals, including the approval of the Exchange.

The securities issued pursuant to the private placement will be subject to a four-month hold period from the closing date.

The proceeds of the private placement will be used to initiate clinical trials in PhytoPain Pharma Inc.

“Obtaining an investment from one of Canada’s leading cannabis producers re-enforces the value of the research and development being conducted by the science team at Tetra Bio-Pharma lead by Chief Science Officer, Dr. Guy Chamberland,” commented Ryan Brown, Co-Founder/VP Business Development.

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

Tetra Bio-Pharma Inc.
Andre Rancourt
Chief Executive Officer

Tetra Bio-Pharma Inc.
Ryan Brown
VP Business Development and Communications

Tetra Bio-Pharma Inc.
André Audet
Executive Chairman

[email protected]
(613) 421-8402

 

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