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St-Georges Receives Positive Title Opinion On Zambian Projects

Posted by AGORACOM-JC at 11:25 AM on Monday, June 9th, 2014

Montreal, Quebec / June 9, 2014 / St-Georges Platinum and Base Metals Ltd. (OTCQX: SXOOF) (CSE: SX) (FSE: 85G1) is pleased to report it has received positive title opinion in relation to the mining production and mining exploration licenses it is acquiring in Zambia.

Significance of title verification and title opinion

The title verification and title opinion brings St-Georges closer to the completion of the current on-going due diligence process for acquisition of the Mwininlunga and Shongwa mining projects. Mwininlunga currently produces Copper Concentrate with plans to potentially expand to 20,000 tonnes per month. On Shongwa, the Company expects to initiate work on a NI 43-101 compliant Preliminary Economic Assessment Study later in early 2015.

Mark Billings, St-Georges Chairman and Director, stated: “The title opinion we received from KCK is an important milestone  along with the completion of the analysis of available geological and engineering data which should be on track with the previously announced schedule, it should provide enough comfort to recommend to our shareholders to endorse this acquisition. We received a fair amount of interest for these projects and are pleased with the response from the financial community in relation to the Company’s plan to move forward in Zambia.”

Mandate of KCK & Associates

In the course of the due diligence process, St-Georges hired KCK & Associates as independent legal advisors to establish its Zambian subsidiary and to assist the Company in the process of title and permit verification. KCK & Associates is a law firm established in Lusaka, Zambia that specializes in Corporate and Mining Law. The firm works for an extensive array of clients in the mining sector and with Governmental entities.

About the Zambian Projects

The Mwinilunga Copper-Cobalt-Gold Project. Covering 740 hectares (7.4 km2) , the project is located close to the Angola and DRC borders and is in the vicinity of CopperZone and Vale Inco’s Luamata Joint-Venture Project. Current small scale punctual production of 3,000 tonnes of Copper Concentrate (15%) per month on the mining license will be consolidated under St-Georges’ control at closing of the transaction, and will be managed under a service agreement to be finalized before the end of the due diligence period.

The Shongwa IOCG & Nickel Project. Covers an area of 72,600 hectares (726 Km2) and is located approximately 60 km northwest of the town of Kasempa. There is a current JORC Definitive Feasibility Study (DFS) in place and the Company plans to verify and integrate the historical and JORC information into new NI 43-101 reports, and is currently evaluating the level of work required. The Company further expects to initiate work on a NI 43-101 compliant Preliminary Economic Assessment Study (PEA) later in 2014 or early 2015, conditional to the closing of the acquisition transaction.

Mr. Joel Scodnick, P.Geo. St-Georges’ Vice-President Exploration is a Qualified Person as defined by NI 43-101 and has reviewed and verified the scientific and technical mining disclosure contained in this news release.

ON BEHALF OF THE BOARD OF DIRECTORS

Frank Dumas

Director, President & CEO

About St-Georges

St-Georges is a vertically integrated Platinum-Palladium-Gold, Copper-Cobalt & Nickel Explorer and Developer. Headquartered in Montreal, the Company’s stock is listed on the CSE under the symbol SX, on the OTCQX under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1. For additional information, please visit our website at www.stgeorgesplatinum.com

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

INTERVIEW: Xylitol Canada Goes Beyond The Press Release to Discuss Q1 Revenues of $2.1M

Posted by AGORACOM-JC at 4:19 PM on Friday, June 6th, 2014

XYL: TSX-V, XYLTF: OTC Grey

Xylitol Canada is a fast growing natural sweetener company that manufactures 100%North American derived Xylitol Products. The company’s products and timing are perfect given the movement by various governments and dental associations to ban sugary drinks, transfat and other unhealthy unnatural products.

Financial Highlights

  • 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.
  • For the twelve months ended December 31, 2013, sales increased by 87% to $6,508,998, compared to $3,473,053 for the twelve months ended December 31, 2012.
  • For the three months ended December 31, 2013, sales increased by 194% to $2,555,526, compared to $868,134 for the three months ended December 31, 2012

Marquee Customers Include:

Hub On AGORACOM / Corporate Profile / Watch Interview

Mainstream Media Takes Notice of KWG Social Media Campaign – SIGN OUR PETITION

Posted by AGORACOM-JC at 2:19 PM on Wednesday, June 4th, 2014

Dear KWG Resources Shareholders and Friends,
We are very happy to announce that the social media campaign we launched on Monday to promote our proposed Ring of Fire Bill to Ontario election candidates and voters has already received great media coverage, including the following headlines:

MOMENTUM IS GAINING – BUT WE STILL NEED YOUR HELP!

As of noon EST today, our petition has been signed by 240 supporters. This is a great start but we can do far better given the number of KWG Resources shareholders and friends on our e-mail list that deeply care about the economic benefits of The Ring Of Fire.

SEND QUEEN’S PARK A MESSAGE THAT YOU SUPPORT OUR PLAN TO GET THE RING OF FIRE GOING FOR THE BENEFIT OF ALL OF US!

We need you to get involved right now by signing our petition and then spreading the word through your social networks. We’ve done all the hard work, all you need to do now is give us a few clicks of your mouse.

TAKING ACTION NOW IS AS SIMPLE AS 1 – 2 – 3

Facebook Twitter

 

We appreciate and thank you for your support of our tireless efforts!

Sincerely,
Frank Smeenk & The KWG Resources Team

MORE INFORMATION ABOUT OUR PLAN AND PROPOSED BILL

AGORACOM Small Cap Stock TV – June 4, 2014

Posted by AGORACOM-JC at 2:03 PM on Wednesday, June 4th, 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 4th and we’ve found 3 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:

Transition Metals (XTM.V),

West African Resources (WAF.V),

Pretium Resources (PVG.T)

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: 
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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.