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WEBINAR: Garibaldi Resources – $3.2M In Working Capital + Strong News Flow

Posted by AGORACOM-JC at 9:51 AM on Wednesday, June 4th, 2014

WHY GARIBALDI RESOURCES CORP?

  • $3.2 million in working capital as per latest financials (Oct 31)
  • Attractive share structure
  • no warrants, no major financings since 2009
  • Drilling in progress – strong news flow from Mexico and B.C.

 

Hub On AGORACOM / Corporate Profile / Corporate Website

 

 

AGORACOM Small Cap Stock TV – June 3, 2014

Posted by AGORACOM-JC at 1:45 PM on Tuesday, June 3rd, 2014

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

Good afternoon to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s June 3rd and we’ve found 5 great press releases to report on. It’s another great day for small-cap and micro-cap financial news.

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

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

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

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

Today’s show features:
Virtutone Networks (VFX.V),

Nexgen Energy (NXE.V),

Ivanhoe Mines (IVN.T),

Sanatana Resources (STA.V),

Denison Mines (DML.T)

Media Advisory: “The Birth of a New Industry!”

Posted by AGORACOM-JC at 7:53 AM on Tuesday, June 3rd, 2014

TORONTO, June 3, 2014 /CNW/ –

WHAT: A First for Toronto! The Purpose of this Press Conference is to advise the MEDIA about GreenRush Financial Investment Conferences.
WHO: The Press Conference is hosted by Next Gen and its wholly owned subsidiary, GreenRush Financial Conferences, The Canadian Securities Exchange and
Jacob Securities Inc.
WHEN: June 5, 2014, 4:15 P.M.
WHERE: Rideout Room, Third Floor, Toronto Region Board of Trade
First Canada Place, 77 Adelaide Street, Toronto, Ontario
WHY: The Hosts of the Press Conference share a similar vision: specifically they believe in the need to provide a forum for Education, Venture Capital, Investment, Finance, Business to Business Opportunities, as well as to act as facilitators for these emerging industries.

About GreenRush Financial Conferences

Companies seeking financing for their projects (business to business) will utilize the GreenRush Financial Conference as their platform to Educate Institutional Investors, Financial Advisors, Accredited and Retail Investors and the general public about their projects, their companies, and related business plans. The Toronto conference will be held on June 26, 2014 at the Metro Toronto Convention Centre, North Institution Hall. On May 7, 2014, GreenRush completed its inaugural sold out Vancouver conference with over 1200 attendees, 40 exhibitors, and 28 industry speakers from across North America. Media coverage was received from major outlets across Canada and the United States. (Click HERE for further details)

SOURCE Next Gen Metals Inc.

Taylor Duncan-Barr, [email protected], 604 648.1405; Ray Rich, [email protected], 604 648.1401; Rob Cook, [email protected], 1.416.367.7349; Khurram Malick, [email protected], 1.416.866.8314; Website: nextgenmetalsinc.com, greenrushfinancialconferences.com, www.thecse.ca, www.jacobsecurities.comCopyright CNW Group 2014

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

Media Advisory: KWG Resources Launches Social Media Campaign Promoting Its Proposed Ring of Fire Bill to Ontario Election Candidates and Voters

Posted by AGORACOM-JC at 12:33 PM on Monday, June 2nd, 2014

TORONTO, ONTARIO–(June 2, 2014) – KWG Resources Inc. (TSX VENTURE:KWG) (“KWG”) is pleased to announce the launch of a social media campaign this morning to promote its proposed Ring of Fire Bill to Ontario election candidates and voters. The campaign was launched this morning, will run until election day on June 12 and incorporates the following elements:

  • A Search Engine Program Targeting Very Specific and Relevant Terms Pertaining To The Candidates, The Ring of Fire and Northern Ontario.
  • An Online Petition Through The World’s Largest Petition Platform To Unite and Empower The Voices That Support Our Bill.
  • Links To An Online Database Of MPP Candidates By Riding, Containing Their Full Contact Information.
  • Social Media Sharing Tools To Help Supporters Take Our Campaign Viral.

Frank Smeenk, President & CEO Of KWG Resources stated, “The Ring of Fire is an economically and socially transformative project that will benefit every citizen and community of Ontario, especially in the North, as well as all Canadians, for many generations. KWG Resources is happy to take a leadership role that helps end the political gridlock by proposing real and achievable solutions. I encourage all Ring of Fire supporters to participate in this process by having your voices heard and helping spread the message to every corner of this country. Together, we will get the Ring of Fire going.”

Support The KWG Resources Ring of Fire – Northern Ontario Job Creation Plan

WE NEED YOUR VOTE, YOUR VOICE TO HELP MAKE IT HAPPEN

“Without a doubt, the value of the Ring of Fire’s current and future potential mineral discoveries are in the hundreds of billions of dollars and these multi-generational mines will provide enormous wealth and employment opportunities for the surrounding First Nations communities. This is an economically and socially transformative project that will positively impact not only Ontario’s northwestern frontier but the entire country as well.”
Ontario Ring of Fire’s Astonishing World-Class Mineral Potential
Huffington Post, February 18, 2014

THE JOB CREATION PLAN

We Have A Plan To Get The Ring of Fire Going!

After years of political indecision regarding transportation and funding of The Ring of Fire, KWG Resources is taking a pro-active approach by presenting a plan, backed by our own proposed bill, to end the gridlock and start moving the Ring of Fire forward for the benefit of all Northern Ontario communities, the Province and Canada.

HIGHLIGHTS OF OUR PROPOSED BILL

  • Ontario already has a Northern Development Corporation. It is the Ontario Northland Transportation Commission (ONTC).
  • The principal operating asset of the ONTC is the Ontario Northland Railroad (ONR), which has become starved of freight haulage.
  • The discoveries of chromite and nickel in the Ring of Fire could create the potential for much heavy-haulage freight business with which the ONR might become economically viable.
  • The ONTC could be governed by residents of Northern Ontario, raise project financing via capital markets to add to heritage infrastructure facilities desired by northern residents of Ontario whose communities it serves.
  • This would enable the important participation by those communities, many of which are First Nations.
  • This would enable development to be undertaken with the necessary social licence together with the discipline of the capital markets, rather than from the public purse.

WE NEED YOUR VOTE, YOUR VOICE TO HELP MAKE IT HAPPEN

KWG Resources is appealing to three important and distinct groups for their support.

MPP CANDIDATES – KWG Resources invites you, as a 2014 Ontario general electoral candidate, to view the “Northland Development Corporation Act” below and consider passing the proposed bill upon your successful election to the Ontario legislature.

ONTARIO VOTERS – If you are a voter in the upcoming election, especially those in Northern Ontario, reach out to your local candidate ask them to support the “Northland Development Corporation Act” below. Let them know they can count on your vote if they support the proposed Bill.

CANADIANS – Even if you are not a resident of Ontario, we can all agree with the quote above that the development of this economically and socially transformative project will positively impact all Canadians.

TAKE ACTION NOW AND HELP GET THE RING OF FIRE DEVELOPED

1. Call or Email Your Local 2014 Ontario General Election Candidate

2. Sign The KWG Resources Petition For Presentation To The Next Government

3. Get Your Social Networks Involved By Sharing This Page Today

                   

MORE INFORMATION ABOUT OUR PLAN AND PROPOSED BILL

View the Overview Of The Proposed Bill

View the Proposed Bill

View the Proposed Bill PDF

About KWG: KWG has a 30% interest in the Big Daddy chromite deposit and the right to earn 80% of the Black Horse chromite where resources are being defined. KWG has also acquired interests in provisional patents including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. KWG also owns 100% of Canada Chrome Corporation which has staked claims and conducted a $15 million surveying and soil testing program for the engineering and construction of a railroad to the Ring of Fire from Exton, Ontario.

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.

Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

Contact Information

 

KWG Resources Inc.
Bruce Hodgman
Vice-President
416-642-3575 Ext. 103
[email protected]

US House of Representatives Votes to Stop Medical Marijuana Raids

Posted by AGORACOM-JC at 11:23 AM on Monday, June 2nd, 2014
Added by Scott Gaudinier on May 31, 2014.
Saved under Congress, Marijuana, Scott Gaudinier, U.S.
Tags: marijuana

marijuana

Medical marijuana, experiencing a huge spark with a recent outcry of public support across the United States, has now spread to members of Congress, as the U.S. House of Representatives votes to stop federal raids on those who use medical marijuana. Last Thursday evening the House passed an amendment that would prevent the Drug Enforcement Administration (DEA) from pursuing individuals and patients in states where medical use of the drug is legal.

Coming as a pleasant surprise to many citizens across the U.S., the House’s decision reached across party lines, with both Democrats and Republicans showing their support of the amendment with their votes. In a 219 to 189 decision the amendment, led by California Democratic Representative Sam Farr and California Republican Dana Rohrabacher, is the first amendment of its kind to succeed in the House of Representatives.

While the amendment was able to pass mainly due to vast support from Democratic members of the House, there was an observable majority of Republican votes cast in support of the said measure. For this to have happened, the amendment had already been previously backed by a group of co-sponsors from the two opposing parties.

The issue faced in the decision to stop medical marijuana raids was the fact that there was a “routine spending bill” which had been already in place. This allowed for federal tax dollars to be awarded to various government agencies, especially the Justice Department. In turn, the Justice Department has continued its raids of medical marijuana facilities in states across the country where medicinal sales are allowed and adhere to legal terms. However, the new amendment recently passed by the House hopes to prevent federal agencies from continuing these raids henceforth.

Director of Federal Policies at the Marijuana Policy Project Dan Riffle stated that Congress and the overall federal government have begun their shift toward “a more sensible policy” regarding pot, facing strong public pressure. He also made the statement that this vote is historically important after years of the government-initiated “war on drugs” during Ronald Reagan’s years in the White House.

While some critics have made their case that the amendment would only increase the misuse of an “addictive drug” and prevent the DEA from spotting illegal street dealers, House Republican Andy Harris stated in response how other drugs that are addictive have not been advertised as having positive medical benefits.

Unlike marijuana, which many health experts agree has improved patients’ general health, legal substances like nicotine and tobacco cause cancer and have not showed any positive medicinal benefits in any instance. As Harris said, “Nobody writes a prescription and says ‘Smoke a couple of cigarettes and cure your epilepsy.’”

As the U.S. House of Representatives votes to stop medical marijuana raids in the future through the passing of this new amendment, it faces other obstacles as it still needs approval from both the Senate and President Barack Obama. Yet many people across the country, including advocates, patients, doctors, average citizens, and an increasing number of politicians, remain steadfast in their hopes of a nearing reality of both the ultimate decriminalization and legalization of marijuana in the U.S.

By Scott Gaudinier

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

Virtutone Announces Record Revenues of $14.9 Million for the Month of May

Posted by AGORACOM-JC at 9:19 AM on Monday, June 2nd, 2014

Sherwood Park, Alberta / June 2nd , 2014 / Virtutone Networks Inc. (“Virtutone” or the “Company”) (TSX Venture: VFX.V) is pleased to announce that the Company has generated over $14.9 million in revenue for the month of May.

“May was an incredible month for us with a growth of 30% over the month of April” said Jason Allen, Chief Executive Officer of Virtutone. “Our team has done an exceptional job in managing this growth over the past year”

We are please to announce the appointment of William (Bill) Woods, Virtuone’s new Chief Financial Officer. Bill has over 15 year experience in CFO roles with various TSX and TSXV companies, in both the United States and Canada. “We would like to welcome Bill to the team” said Jason Allen, Chief Executive Officer of Virtutone. “We would also like to thank Sergio Valacco, for stepping in while we searched for our long-term CFO that will help take the company to the next level.”

For further information please contact Jason Allen at 780-702-5777.

About Virtutone Networks Inc.

Virtutone Networks Inc. is a technology company based in Sherwood Park and is listed on the TSX Venture Exchange in Canada. The company is a leading supplier of managed telecommunication services, including: Voice over IP services, Fax over IP services, Hosted PBX services, DSL & T1 data circuits, wireless solutions for mobile work forces and SCADA networks, and network management and IT-related products. Additional information can be found on the company’s website at www.virtutone.com.

This document may contain certain forward-looking information or statements (“Forward-looking statements”) as defined under applicable securities legislation that involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks include, without limitation, risks related to: the termination, non-renewal of or default under of any current or new wholesale contracts; changes in the global economy; a failure to negotiate new customer contracts; changes in legislation or the interpretation thereof, particularly in the telecommunications industry. Forward-looking statements are any statements other than statements of historical fact. The use of any “plan” “expect ” “project” “believe” “should” “anticipate” or other similar words or statements that certain events “may” or “will” occur are intended to identify forward-looking statements. In particular, forward-looking statements included in the press release include, without limitation, statements regarding: the impact of the new voice traffic contracts; timing and completion of the transition of new voice traffic; the sustainability of the new revenue stream; increased leverage with suppliers; additional deals currently being worked on and the impact thereof; and negotiations relating to potential new customers. The forward-looking-statements contained herein are based on certain assumptions including, without limitation, assumptions regarding: global economic conditions; changes in laws and regulations; the impact of Virtutone’s new contracts; the market for wholesale telephony services; the maintenance of new and current wholesale contracts; and the ability to add new wholesale clients. Although management believes the expectations reflected in the forward-looking statements contained herein are reasonable, no assurances can be given that any of the events anticipated in forward-looking statements will occur, or, if they do, what benefits Virtutone will derive therefrom. As such readers are cautioned not to place undue reliance on forward-looking statements, which are effective only as of the date of this document or as of the date otherwise specifically indicated herein. Virtutone assumes no obligation to update forward-looking statements, except as required by applicable law. The historical revenue numbers for the new wholesale contracts do not represent estimates of future revenues to be received by the Company. As these contracts do not contain any minimum traffic requirements, revenue generated on such contracts will vary from month to month, and such variations may be material. The Company cannot provide any assurances as to the revenues to be generated by such contracts once the transition is complete.

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

GreenRush Conference is June 26, 2014 at the Metro Toronto Convention Centre North Constitution Hall

Posted by AGORACOM-JC at 3:32 PM on Friday, May 30th, 2014

Harry Barr and his GreenRush Financial Conferences team sold-out the Vancouver Convention Center. The next GreenRush Conference is June 26, 2014 at the Metro Toronto Convention Centre North Constitution Hall.

 

Harry Barr President – CEO GreenRush Financial Conferences

Next Gen’s Vision is to be the Leading Provider of Venture Capital, Organization, Education and Reliable Information for the Medical Marijuana, Industrial Hemp and Alternative Medicine Industries

 

Vancouver BC, Canada (PRWEB) May 12, 2014

GreenRush Financial Conferences (GRFC) feature insightful speakers, government, health and industry specialists, public and private companies, fund managers, bankers, brokers, analysts, and media who share a common interest in the Medical Marijuana, Industrial Hemp and Alternative Medicine sectors.

GRFC Conferences provide a platform / hub to facilitate venture capital investment, education and business to business opportunities across the Medical Marijuana, Industrial Help and Alternative Medicine Industries. The Vancouver conference highlighted investments in health, agri-business, food, legal grow-ops, technology, client generation, education, public awareness, specialty clinics and auxiliary business opportunities to name a few. You can learn more about the speakers and exhibitors buy going to http://www.greenrushfinancialconferences.com.

GreenRush Financial Conferences is a wholly owned subsidiary of Next Gen Metals, Inc. (http://www.nextgenmetalsinc.com/), a diversified public company focused on investments in the Medical Marijuana, Industrial Hemp and Alternative Medicine industries worldwide.

Next Gen is one of the first Canadian public companies to enter this multi-billion dollar green rush whose objective is to invest in a basket of companies in this sector. The Company is currently researching investment opportunities in the Hemp space: health, agri-business, food, legal grow-ops, technology, client generation, education, public awareness, specialty medical devices and ancillary business opportunities.

Next Gen plans to consolidate certain sectors of this fragmented industry

  • Next Gen will provide financing for Medical Marijuana and Industrial Hemp related companies who require capital in exchange for an equitable interest in the business and/or a royalty on sales
  • Next Gen intends on Incubating companies that are technically savvy but require professional assistance in fundraising, complex negotiations, capital markets, public company administration and IPO’s
  • Management’s due diligence and recent regulatory and legal changes in North America have prompted our team to enter into this emerging multi-billion industry
  • The Company plans to abide to government law everywhere it operates

Next Gen is actively reviewing new business proposals in the Medical Marijuana and Industrial Hemp industries. According to Harry Barr;“Next Gen’s Vision is to be the Leading Provider of Venture Capital, Organization, Education and Reliable Information for the Medical Marijuana, Industrial Hemp and Alternative Medicine Industries.”Don’t Forget: Exhibitors – Speakers – People who wish to attend the Conference Contacthttp://www.greenrushfinancialconferences.com. Register Now for the upcoming June 26, 2014 GreenRush Conference at the Metro Toronto Convention Centre North Constitution.

Source: http://www.prweb.com/releases/2014/05/prweb11843277.htm

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

AGORACOM Small Cap Stock TV – May 28, 2014

Posted by AGORACOM-JC at 2:20 PM on Wednesday, May 28th, 2014

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

Good afternoon to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s May 28th and we’ve found 5 great press releases to report on. It’s another great day for small-cap and micro-cap financial news.

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

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

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

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

Today’s show features:

Xylitol Canada (XYL.V),

Dragonwave Inc. (DWI.T),

Midway Gold (MDW.T),

North Arrow Minerals (NAR.V),

Vanstar Mining (VSR.V),

Absolute Software (ABT.T)

InvestmentPitch Media Attending Next Gen’s GreenRush Financial Conference in Toronto, Ontario on June 26, 2014, Covering Medical Marijuana, Industrial Hemp and Alternative Medicines

Posted by AGORACOM-JC at 11:46 AM on Wednesday, May 28th, 2014

Vancouver, British Columbia–(May 28, 2014) – InvestmentPitch Media will be attending the upcoming GreenRush Financial Conference June 26, 2014. The conference will be held at the Metro Toronto Convention Centre North Constitution Hall from 7:30 am to 6:00 pm.

For more details, please watch this video. If this link is not enabled, please visit www.InvestmentPitch.com and enter “GreenRush Conference” in the search box. InvestmentPitch is a media sponsor for this event, and will be available to film presentations and conduct interviews.

If you cannot view the video above, please visit:
http://www.investmentpitch.com/video/0_jednfe2g/InvestmentPitch-Media-would-like-to-invite-you-to-join-us-at-the-upcoming-GreenRush-Financial-Conference

The conference will feature insightful speakers, government officials, health and industry specialists, public and private companies, fund managers, bankers, brokers, analysts, and media who share a common interest in the Medical Marijuana, Industrial Hemp and Alternative Medicine industries.

The conference will provide a platform for venture capital investment, education and business to business opportunities, with exhibitors having a forum to showcase their products, technologies and services.

For more information, to book a booth, or to register for any of the GreenRush Conferences, please visit the conference’s website www.greenrushfinancialconferences.com or email [email protected].

The GreenRush Financial Conferences are 100% owned by Next Gen Metals Inc. (CSE: N), symbol “N” on the Canadian Securities Exchange. For more information about Next Gen, please visit www.NextGenMetalsInc.com, phone 604-685-1870 or email [email protected].

We hope you’ll join us on June 26th at the GreenRush Financial Conference.

InvestmentPitch.com, a multimedia company that provides a combined solution for creating and hosting financial video content, and distributing it across multiple platforms to investors and financial professionals, specializes in producing short three minute videos based on significant news releases and research reports. Please visit InvestmentPitch.com and browse the extensive library of investment videos.

CONTACT:
InvestmentPitch.com
Barry Morgan, CFO
[email protected]

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

Xylitol Canada Inc. Announces Financial Results for First Quarter of 2014 and Appointment of New CFO

Posted by AGORACOM-JC at 9:35 AM on Wednesday, May 28th, 2014

TORONTO, ONTARIO–(May 28, 2014) – Xylitol Canada Inc. (“Xylitol Canada“, or the “Company“) (TSX VENTURE:XYL) today announces that it has released its financial and operating results for the three months ended March 31, 2014. Highlights of the results include:

  • For the three months ended March 31, 2014, sales increased by 97% to $2,170,624, compared to the three months ended March 31, 2013;
  • For the three months ended March 31, 2014, gross profit increased by 33% to $498,665, compared to the three months ended March 31, 2013.

The Company continues to expand its customer base and to achieve significant quarter over quarter revenue growth. The growth is attributed to increased availability in many major grocery chains and Natural grocers throughout North America of the Xylaâ„¢ brand of North American xylitol and Xylaâ„¢ products. The Company continues to raise awareness of its Xylaâ„¢ North American brand of xylitol and Xylaâ„¢ products, which are all sweetened with the highest quality Xylaâ„¢ xylitol. The Company’s products do not use any artificial sweeteners and are all sugar free or no added sugar without forfeiting flavor or taste. The Company also recently launched its North American made xylitol oral care line. The full text of the Company’s unaudited consolidated financial statements for the three months ended March 31, 2014 and related management’s discussion and analysis can be found under its profile at: www.sedar.com.

APPOINTMENT OF NEW CFO

The Board is pleased to announce that Mr. Frank Iadipaolo has been appointed Chief Financial Officer (“CFO”). Mr. Iadipaolo has extensive financial management and corporate development experience gained with small to medium sized enterprises in diverse business sectors. He previously served as Chief Financial Officer for Biosign Technologies Inc., Senior Vice-President, Corporate Finance with a Toronto based boutique investment banking firm and Chief Financial Officer for Telesis North Communications Inc. and Microforum Inc. (both previously listed on the TSX). Mr. Iadipaolo has also acted in a senior advisory role for other private and publicly traded growth companies. He holds an honours degree in Commerce from the University of Windsor and is a member of the Chartered Professional Accountants of Ontario. The Board of Directors wishes to thank Kyle Appleby, who served as CFO since April, 2010, for his efforts during his tenure which included detailed oversight of the financial aspects of the Company. Mr. Appleby’s duties as CFO were completed with professionalism. He will assist in the transition and we wish him well in his future endeavours.

ABOUT XYLITOL CANADA INC.

Xylitol Canada markets xylitol and xylitol based-products and is focused on becoming a major low-cost manufacturer of xylitol and related products, serving the global market from operations in North America. Xylitol Canada’s business strategy is to leverage novel proprietary technology and processes to become North America’s premier manufacturer of low cost, high quality xylitol from readily available environmentally-sustainable biomass. Xylitol is a natural sweetener which is marketed globally including Canada and the United States and is accepted by the American Food and Drug Administration, the World Health Organization and the American Dental Association. Xylitol contains 75% less carbohydrates and 40% less calories than sugar, has a myriad of oral health benefits including the prevention of tooth decay and is safe for diabetics. To date, wider spread use of xylitol has been limited by the lack of a reliable, low cost, high quality supplier.

Neither TSX Venture Exchange Inc. 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.

Contact Information

Xylitol Canada Inc.
Andrew Reid
President and CEO
(416) 288-1019
[email protected]