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Omagine Completes Land Rights Registration Procedures; Average Value is $718,614,000

Posted by AGORACOM-JC at 3:13 PM on Thursday, July 9th, 2015

Omag

  • Announced that its 60% owned subsidiary, Omagine LLC, has signed and registered with the Government of Oman, a Usufruct Agreement which legally perfects Omagine’s ownership of the development rights over 245 acres of beachfront land
  • Average Value is $718,614,000

To establish the value of its Usufruct Rights Omagine contracted with three separate real-estate valuation firms, each of which is well known in Oman and Dubai and all of which have recognizable worldwide brands in the real-estate valuation business. Omagine is consulting with its IFRS accounting consultant, PriceWaterhouseCoopers LLP, and will soon determine, in conjunction with its auditors (Deloitte & Touche (M.E.) & Co. LLC) the correct method to properly record the $718,614,000 average value of its Usufruct Rights in its financial statements.

 

The shareholders of Omagine are:

i. Royal Court Affairs which owns 25%, and,

ii. Two subsidiaries of Consolidated Contractors International Company, SAL (“CCC”), which collectively own 15%, and

iii. Omagine, Inc. which owns 60%.

 

About Royal Court Affairs.

Royal Court Affairs is an Omani organization representing the interests of His Majesty, Sultan Qaboos bin Said, the ruler of Oman.

About Consolidated Contractors.

Consolidated Contractors International Company, SAL is a multi-national construction and engineering company with over $5 billion of annual revenue, 130,000 employees worldwide and operating subsidiaries in, among other places, every country in the Middle East and North Africa (the “MENA Region”).

About Omagine, Inc

Omagine, Inc. is a publicly traded U.S. company (Stock Symbol: OMAG) with 17,386,111 common shares presently outstanding. The Company is focused on real-estate, entertainment and hospitality opportunities in the MENA Region and on the design and development of unique tourism destinations that are thematically imbued with culturally aware, historically faithful, and scientifically accurate entertainment experiences. Governments in the MENA Region are seeking to diversify their economies and create employment for their citizens via the development of tourism destination projects. It is the Company’s opinion that this governmental strategic vision combined with the enormous financial resources in the MENA Region will continue to present superb development opportunities.

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V-Love(tm) Available for Canada wide Distribution through Amazon

Posted by AGORACOM-JC at 8:47 AM on Tuesday, July 7th, 2015

Top_large_logo_copy

  • Signed with Amazon.ca to sell V-LoveTM across Canada
  • Company’s first shipment to the Amazon.ca main distribution facility in Mississauga, Ontario has been received and V-LoveTM is ready for online consumer purchase throughout Canada

VANCOUVER, BC / July 7, 2015 – Enertopia Corporation (ENRT-OTCBB) (TOP-CSE) (the “Company” or “Enertopia”) is pleased to announce it has signed with Amazon.ca to sell V-LoveTM across Canada.

The Company’s first shipment to the Amazon.ca main distribution facility in Mississauga, Ontario has been received and V-LoveTM is ready for online consumer purchase throughout Canada. One can simply go to amazon.ca and enter vlove in the search field to locate and purchase V-LoveTM

V-LoveTM is pH balanced specifically for women and provides lubrication and a moisturizing feeling to sooth vaginal dryness.


Click Image To View Full Size

“We are very pleased to now have two major channels for online distribution in Canada as we move forward with our consumer outreach programs,” stated President Robert McAllister.

About Enertopia

The Company’s mission is to empower people with a better way of living through healthy lifestyle choices in helping you live your life your way. Our core values of honesty, integrity, and commitment help to define our corporate practices and demonstrate our dedication in helping individuals whether they are encountering health issues based on age, diet or have suffered a traumatic physical, mental or an emotional event.

Enertopia’s shares are quoted in Canada with symbol TOP and in the United States with symbol ENRT. For additional information, please visit www.enertopia.com or call Robert McAllister, the President: (250) 765-6412

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, potential and financing of its medical marihuana projects, evaluation and sale of sexual creams and other items, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions that are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements., foreign exchange and other financial markets; changes of the interest rates on borrowings; hedging activities; changes in commodity prices; changes in the investments and exploration expenditure levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Enertopia Corporation operates. The User should refer to the risk disclosures set out in the periodic reports and other disclosure documents filed by Enertopia Corporation from time to time with regulatory authorities. There is no assurance that V-Love TM will have any meaningful impact on the Company or the Company will be able to obtain future financings.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release

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East Kemptville tin mine could resume production in a few years

Posted by AGORACOM-JC at 12:28 PM on Monday, July 6th, 2015

 Logo3

  • Company granted a special licence by the province in March of this year for the East Kemptville Mine formerly owned by Rio Algom.
  • If all goes as planned, the mine could resume operation within 3 to 4 years

By Yvonne Colbert, CBC News Posted: Jul 06, 2015 6:00 AM AT Last Updated: Jul 06, 2015 6:00 AM AT

Avalon Rare Metals Inc. plans to invest $1.3 million into preliminary work to determine the feasibility of re-starting the East Kemptville Mine.Avalon Rare Metals Inc. plans to invest $1.3 million into preliminary work to determine the feasibility of re-starting the East Kemptville Mine. (Adrian Wyld/Canadian Press)

 

A Canadian mining company and politicians in southwest Nova Scotia are hoping an idle tin mine in the area will help the economy rebound.

Toronto-based Avalon Rare Metals Inc. was granted a special licence by the province in March of this year for the East Kemptville Mine formerly owned by Rio Algom.

Avalon plans to invest $1.3 million into preliminary work to determine the feasibility of re-starting the mine.

The site is located about 45 kilometres northeast of Yarmouth.

Rio Algom closed the mine in 1992 because of falling tin prices, but Avalon president and CEO Don Bubar says a lot has changed since then, including a recovery in the price of tin and potentially higher prices in the future.

“There’s [also] lots of new demand for tin from its new application in the use of lead-free solders and electronics,” says Bubar.

He says the mine also contains the rare metal indium which was not previously mined at the site. Mining it could make the mine even more viable.

“In the past it had limited commercial use, but now it’s got growing application in electronics, is in demand,” said Bubar.

He expects a dozen people to be employed at the remote site this summer, the majority of them Nova Scotians.

If the project moves forward, he said as many as 200 people could be employed there.

“We know that part of the province suffers from high unemployment,” he said. “There’s a good skilled labour force there that would love the opportunity to work in an operation like that close to home, so we think we can fill most of our employment needs in Nova Scotia,” said Bubar.

An economic boon for the area

All of this is music to the ears of politicians in the nearby town of Shelburne. Mayor Karen Harris-Matattall says the prospect of that many jobs is exciting in an area that has been struggling.

“Like most rural communities, we’re losing people because they need employment and it’s a struggle to get employment in rural Nova Scotia, so this may well be something that’s going to work out very well and be very positive for this community,” she said.

The mayor said the town is also hoping to convince the company to use the port of Shelburne to ship its product.

Bubar says if all goes as planned, it will be three or four years before the mine is operating.

Source: http://www.cbc.ca/news/canada/nova-scotia/east-kemptville-tin-mine-could-resume-production-in-a-few-years-1.3137873

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Omagine In the News – Multiple Press Pieces

Posted by AGORACOM-JC at 12:49 PM on Tuesday, June 30th, 2015

http://the-mea.co.uk/news/omagine-sign-25bn-mixed-use-project-deal-july-1

http://www.gulfconstructiononline.com/stories/source/?url=/IND_285244.html

http://www.topix.com/world/oman/2015/06/1506309TH42P

http://kuwaitnris.com/agreement-on-omagine-project-to-be-signed-tomorrow/

http://timberexec.co.uk/agreement-on-omagine-project-to-be-signed-tomorrow/

http://ttnonline.com/ArticleTA/285245

http://mideaster.com/news/Agreement+on+Omagine+Project+to+be+signed+tomorrow

http://pmgulf.com/content/agreement-on-omagine-project-to-be-signed-tomorrow-construction-week-online/

http://morocco.shafaqna.com/EN/MA/200078

http://www.omanbulletin.com/story-z7174849

http://www.constructionweekonline.com/article-34235-agreement-on-omagine-project-to-be-signed-tomorrow/

http://www.arabianindustry.com/construction/news/2015/jun/30/agreement-on-omagine-project-to-be-signed-tomorrow-5083286/#.VZKi_vlVhHw

https://www.venturesonsite.com/news/key-usufruct-agreement-on-the-us-2-5-bn-omagine-project-to-be-inked-on-july-1st/

Regards,

AGORACOM

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CLIENT FEATURE: Urban Barns (URBF: OTCQB) Capitalizing on Evolution of Cubic Farming

Posted by AGORACOM-JC at 5:36 PM on Monday, June 29th, 2015

 

 

 

 

 

What is Cubic Farming?

  • A revolution in Controlled Environment Agriculture (CEA)
  • Propriety, patent-pending, looped conveyer growing system
  • Advanced uniform LED technology
  • Automated watering and nutrients
  • Optimal conditions for crops to transition from seeds to maturity through pre-set germination, growing and harvesting phases.

Why Urban Barns Foods?

  • Unknown story due to no previous IR = best opportunity to get in
  • Tier-1 Customers = Commercial Acceptance
  • 320 square feet = 3 acres of farm production
  • Watch this video clip to see what production looks like
  • Watch this video clip to see what the Executive Chef at Chateau Frontenac has to say

Marquee Customers Include:

Strong Institutional Ownership, 39% Owned By:

Modern Agriculture Needs Green Innovation

The Cubic Farming Advantage

  • 100% controlled environment
  • Growing 365 days a year
  • No pesticides, herbicides or fungicides
  • No GMOs
  • Minimal water requirements
  • Superior nutritional values
  • Longer shelf life
  • Consistency

Consumers Demand Clean Food

  • Globally, the BFY (BETTER FOR YOU) food category is projected to grow by 25% to over $199.8 billion in 2015.
  • GMOs, a major concern for North American consumers
  • 72% of consumers say it is important to avoid GMOs when they shop
  • 40% of consumers say they look for non-GMO claims on food
  • Natural & clean foods are increasingly mainstream
  • Not only for higher income, most educated privileged segment. It is becoming a social movement.

Urban Barns Is the Solution


12 Month Stock Chart

 

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INTERVIEW: DuSolo Fertilizers (TSX-V:DSF) Capitalizing on Brazil’s Growing Demand for Fertilizer

Posted by AGORACOM-JC at 12:07 PM on Thursday, June 25th, 2015

  • Direct Application Natural Fertilizer (DANF) product is in demand in the region
  • Flagship asset, the Bomfim Project, is 100% owned and located in one of the world’s fastest growing agrarian regions
  • Bomfim Processing Plant operating at full capacity
  • On track to produce at least ~100,000 tonnes of DANF in 2015
  • Sales contracts in place for 2015 planting season: 81,100 tonnes for ~C$8.5 million
  • Starting to generate revenue

MANY NEAR TERM CATALYSTS EXPECTED

  • Entering into additional DANF product sales contracts
  • Doubling capacity at our processing facility to 160,000 tonnes per year
  • Updating the National Instrument 43-101 Resource Estimate to include results from the 2015 drill campaign – Recent drill results confirm presence of additional high-grade phosphate mineralization beyond areas identified in initial resource estimate
  • Third Party Economic Evaluation of Operations Planned for 2015
  • Strong Financial Backing

Hub On AGORACOM / Corporate Website / Read Release

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Enertopia signed with London Drugs: V-Love ™ to be in stores soon

Posted by AGORACOM-JC at 8:34 AM on Monday, June 22nd, 2015

  • Announced it has signed with London Drugs Ltd. to sell V-LoveTM in all their 79 stores across Western Canada.
  • Soon to be available to the consumer in all London Drug Stores across Western Canada.
  • first shipment to the London Drugs main distribution facility in Richmond, BC has been received

VANCOUVER, BC / TheNewswire / June 22 2015 – Enertopia Corporation (ENRT-OTCBB) (TOP-CSE) (the “Company” or “Enertopia”) is pleased to announce it has signed with London Drugs Ltd. to sell V-LoveTM in all their 79 stores across Western Canada.

V-LoveTM will soon be available to the consumer in all London Drug Stores across Western Canada. Our first shipment to the London Drugs main distribution facility in Richmond, BC has been received.

V-LoveTM will also be available at Londondrugs.com online store for shipping across Canada.


Click Image To View Full Size

“We are very pleased to be working with London Drugs, a respected community leader and name synonymous with consumer products,” stated President Robert McAllister.

About London Drugs

Founded in 1945, B.C.-based London Drugs has 79 stores in more than 35 major markets throughout British Columbia, Alberta, Saskatchewan and Manitoba, including its online store www.londondrugs.com, London Drugs offers consumers a range of products from digital cameras and cosmetics to computers and televisions. Renowned for its creative approach to retailing, the company employs more than 7,500 people with pharmacy and health care services being the heart of its business. Committed to innovation and superior customer service, London Drugs has established itself as a reputable and caring company and continues to position itself for future growth and development.

About Enertopia

We are a company with the mission to empower people with a better way of living through healthy lifestyle choices in helping you live your life your way. Our core values of honesty, integrity, and commitment help to define our corporate practices and demonstrate our dedication in helping individuals whether they are encountering health issues based on age, diet or have suffered a traumatic physical, mental or emotional event.

Enertopia’s shares are quoted in Canada with symbol TOP and in the United States with symbol ENRT. For additional information, please visit www.enertopia.com or call Robert McAllister, the President: (250) 765-6412

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, potential and financing of its medical marihuana projects, evaluation and sale of sexual creams and other items, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions that are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements., foreign exchange and other financial markets; changes of the interest rates on borrowings; hedging activities; changes in commodity prices; changes in the investments and exploration expenditure levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Enertopia Corporation operates. The User should refer to the risk disclosures set out in the periodic reports and other disclosure documents filed by Enertopia Corporation from time to time with regulatory authorities. There is no assurance that V-Love TM will have any meaningful impact on the Company or the Company will be able to obtain future financings.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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Metals Company CEO Hopeful Tin Mine Could Once Again Make NS Tin Capital Of North America

Posted by AGORACOM-JC at 3:24 PM on Thursday, June 18th, 2015

 

Metals Company CEO Hopeful Tin Mine Could Once Again Make NS Tin Capital Of North America.

A Toronto-based company has begun a $1.3 million work project at the site of the former East Kemptville tin mine in Yarmouth County.

And the CEO of Avalon Rare Metals tells CJLS, that if the demand and the price for tin remain stable, there could be 200 full-time jobs at the site once it’s into full production.

The work by Avalon Rare Metals Inc. involves 2,000 metres of diamond drilling, metallurgical process test work and preliminary environmental studies.

Don Bubar, President and CEO tells CJLS, that this summer’s East Kemptville Tin-Indium Project will move the company one step closer to realizing its goal of re-establishing Nova Scotia as the Tin Capital of North America.

In 1992 Rio Algom closed its tin mine in East Kemptville after demand and prices for the metal plummeted after the international cartel that controlled the product folded.

But Bubar says the whole supply and demand picture has changed since then.

Audio Player

Bubar tells CJLS that once the operation is in full production, he expects a similar operation as was the case in the mid-80’s.

Audio Player

Bubar cautions there is still a lot of work to be done before the mine is at full capacity.

Approximately twelve people will be employed at the site during this summer’s project.

Source: http://cjls.com/metals-company-ceo-hopeful-tin-mine-could-once-again-make-ns-tin-capital/

 

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Mining company testing for possible lucrative future in East Kemptville

Posted by AGORACOM-JC at 3:13 PM on Thursday, June 18th, 2015

 

YARMOUTH – Avalon Rare Metals Inc. is proceeding with a $1.3 million work program on an East Kemptville tin-indium project. At least 12-13 positions will be created, of which Avalon expects to fill seven with locally based people.

The Rio Algom tin mine formerly operated in the area from the mid-1980s to 1992, employing 200 people in Yarmouth and Shelburne counties. It closed after tin prices dropped to levels reaching well below $3 (US) per pound. Tin is now selling for double that price.

Don Bubar, Avalon Rare Metals president and CEO, says a new mine could generate 200 jobs if findings warrant production.

The exploratory work will involve 2,000 metres of diamond drilling, metallurgical process test work and preliminary environmental studies.

The work will generate the data required to complete a preliminary economic assessment by November.

Drilling is scheduled to commence in early July and be completed in September with initial results expected in late August.

The drilling program will increase confidence in mineral resources in two zones on the property, collect fresh sample material for bench-scale metallurgical process testwork and test two exploration targets (Duck Pond and South Grid) where there are encouraging results from historical drilling.

It is anticipated that advances in process technology achieved since the 1980s will result in improved recoveries and also confirm the presence of significant indium in the zinc concentrate.

Feasibility study work is expected to begin in early 2016.

Bubar says he is delighted with the significant progress made on the East Kemptville project over the past year.

“This summer’s work program will allow us to complete a preliminary economic assessment by the end of 2015 and move us one step closer to realizing our goal of re-establishing Nova Scotia as the Tin Capital of North America,” he said.

In March 2015, Avalon was granted a new special licence by the Province of Nova Scotia covering the whole East Kemptville mine area and encompassing all the known tin deposits. The licence has a three year term expiring Jan. 31, 2018, renewable for two additional terms of one year each and requires the company to spend $5,250,000, over three years including $750,000 in the first year.

Discussions continue towards reaching an agreement to transition the property to Avalon. The parties expect to conclude an agreement later in 2015.

In addition to East Kemtpville, Avalon Rare Metals has projects underway in Separation Rapids near Kenora, Ontario and Nechalacho, Thor Lake, NWT.

Source: http://www.thevanguard.ca/News/Local/2015-06-18/article-4186926/Mining-company-testing-for-possible-lucrative-future-in-East-Kemptville/1

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Newnote Financial Offers Bitcoin-to-Fiat Conversion to Coinpayments.com

Posted by AGORACOM-JC at 9:24 AM on Wednesday, June 17th, 2015

VANCOUVER, June 17, 2015 – Newnote Financial Corp. (the “Company”), (CSE: NEU; OTCQB: NWWTF; FSE: 1W4) is pleased to announce Canadian fiat settlement is now available to over 13,000 Coinpayments.com merchants via the Company’s 100% owned Cointrader.net Bitcoin Exchange.

For the past few months, we have been working with the team at Coinpayments Inc. of which Newnote holds a 20% equity position, to deliver this latest integration which offers merchants using Coinpayments.com as a payment processor to automatically sell their Bitcoin balances on Cointrader.net and settle via e-transfer or direct ACH transfer to their bank account. Merchants can accept 55 different crypto-currencies using one of the 25 popular shopping cart plugins Coinpayments offers. In addition, Coinpayments has enabled merchants to instantly exchange one coin for another via Shapeshift.io, an API platform that provides instant Bitcoin and Altcoin conversion. US Dollar settlement will be available in the near future.

President and CEO of Coinpayments Inc. Alex Alexandrov states: “We love crypto but recognize that purchasing Bitcoin can be often a challenge, so we are looking to make it super easy. Very soon you will be able to simply buy Bitcoin online via Interac Online Checkout on our site via our partnership with Bluzelle.com. The team is very excited to bring more people into the crypto world by breaking down barriers and allowing them to participate.”

About Coinpayments Inc.

Coinpayments Inc. operates from Vancouver Canada and is the third largest payment processor and the only company accepting 55 crypto-currencies. Coinpayments Inc. has over 13,000 merchants in 146 countries worldwide. The small team of crypto enthusiasts pride themselves by outperforming the large funded competitive players. They have a vision and goal of making crypto broadly accessible to the both consumers & merchants through smart integrations with great companies in the digital money eco-system.

About Newnote Financial Corp.

Newnote Financial Corp. is pioneering innovative crypto-currency and Bitcoin related software products and services geared at the growing business segment of this bourgeoning market. The Company owns and operates the Cointrader.net Bitcoin Exchange, PayIvy.com Online Store Builder, CoinExchange Android App, BitVisits.com Paid-to-Surf Advertising Platform, Bitcoin ATM Machines in London, Tokyo and Vancouver in addition to several other crypto-currency related assets. Newnote has positioned itself to be a leading contender in delivering opportunities to startup businesses world-wide and continues to create new opportunities for its clients and its shareholders. Newnote has a clear vision on the direction in which this new and unique business is headed and is continually adjusting and adopting new business practices in both technology and the policies & procedures required by banks and securities regulators.

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of Newnote Financial Corp. The forward-looking information is based on certain key expectations and assumptions made by the company’s management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

The CSE has not reviewed, approved or disapproved the content of this press release.

SOURCE Newnote Financial Corp.

Newnote Financial Contact Information: Paul Dickson, President, CEO & Director, Newnote Financial Corp., CSE: NEU; OTCQB: NWWTF; FSE: 1W4, Suite 709-700 West Pender Street, Vancouver, BC V6C 1G8, Phone: 604-229-0480, Fax: 604-685-3833, Web: www.newnote.com, Bitcoin exchange: www.cointrader.net, Online store builder: www.PayIvy.comCopyright CNW Group 2015

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