Agoracom Blog

$GR.ca Great Atlantic Drills Keymet Base Metal Project, Newfoundland

Posted by AGORACOM at 9:00 AM on Wednesday, October 18th, 2017

  • Keymet is a past producing Pollymetallic property
  • Hole Ky-17-6 included 50M of arsenopyrite which has traditionally carried gold at Keymet
  • Pollymetallic mines are the most sought after Base Metal projects due to presence of multiple ore types

Vancouver, British Columbia (FSCwire)GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has completed a diamond drilling program at its Keymet Precious – Base Metal Property, located near Bathurst, northeast New Brunswick. The Keymet property hosts multiple gold, silver, zinc, lead and / or copper occurrences and the Keymet deposit, site of the historic Keymet Mine. The drilling program (5 holes totalling 679 meters) was conducted in the northwest region of the property, northwest of the historic Keymet Mine.

 

“We are very encourage at this year’s drill program and are enthusiastically awaiting all the results but particularly interested in the unexpected arsenopyrite within a 50 meter core length interval in hole Ky-17-6, traditionally arsenopyrite has carried Gold on this property.  As well we want to say a special thanks to Don and the guys at Orbit Garant Drilling, excellent job “Says: Christopher R Anderson CEO

 

To view the graphic in its original size, please click here

 

The program tested the continuation of zinc, copper and silver bearing veins and a gold mineralization intersected by Great Atlantic during 2015 diamond drilling and trenching programs. All five holes intersected veins hosting base metal sulfides while three holes also intersected arsenopyrite mineralization. Gold mineralization on the property is associated with arsenopyrite.  The Company is conducting systematic sampling of mineralized drill core from the recent program.

 

Gold bearing boulders (samples up to 51 grams / tonne (g/t) Au) and gold bearing bedrock in trenches and drill core have been discovered by Great Atlantic in the northwest region of the property. Great Atlantic drilled two holes in 2015 at one site in this region (Ky-15-3 and Ky-15-4), approximately 1.4 kilometers of the historic Keymet Mine, in an area referred to as the Elmtree 12 occurrence. Both 2015 holes intersected base metal and silver bearing veins (including 16.68% zinc, 1.11% copper and 152.0 g/t silver over 1.80 metre core length in Ky-15-3 and 8.68% zinc and 44.8 g/t silver Ag over 4.28 metre core length in Ky-15-4). Hole Ky-15-3 also intersected a gold bearing interval (3.28 g/t Au over 2.1 meter core length). The true width of these initial 2015 drill intersections is unknown at this time. The recent drilling tested the continuation of this base metal and precious metal mineralization.

 

To view the graphic in its original size, please click here

 

Each of the 2017 drill holes intersected veins with copper, lead and zinc sulfide mineralization. Arsenopyrite mineralization has been observed in three of these holes. Gold mineralization in boulders and bedrock in this area is associated with arsenopyrite.

 

Holes Ky-17-5, 6, 7 and 9 of the recent program were drilled in the same area as 2015 holes Ky-15-3 and 4. Each of these four holes intersected base metal bearing veins. Company management are interpreting the main veins to be within a steep dipping to vertical vein system to strike approximately north – south, with all Great Atlantic drill intersections to date being within an approximately 70 meter strike length and shallow (above 100 meter vertical depth).  Hole Ky-17-6 intersected local arsenopyrite within an approximate 50 meter core length interval appearing to be east to northeast of the main base metal bearing vein zone.  Holes Ky-17-5 and 7 also intersected local arsenopyrite.

 

To view the graphic in its original size, please click here

 

To view the graphic in its original size, please click here

Veins containing copper, zinc and lead sulfide mineralization in hole Ky-17-07

 

To view the graphic in its original size, please click here

Vein containing copper and zinc sulfide mineralization in hole Ky-17-05.

 

To view the graphic in its original size, please click here

Vein containing zinc and lead sulfide mineralization in hole Ky-17-8

 

Hole Ky-17-8, located approximately 80 meters southwest of holes Ky-17-5, 6 and 7, tested the down-dip extension of a gold bearing zone discovered by the Company in a 2015 trench (channel samples returning 1.1 g/t Au over 4.9 meters). The gold bearing zone in the trench is characterized by minor arsenopyrite in metasediments and increased quartz veining. A fault zone is also exposed in the trench hosting base metal and silver mineralization (2015 grab sample returned 8.99% lead, 1.76% zinc, 0.80% copper and 237 g/t silver). Arsenopyrite is not apparent in Ky-17-8 drill core. However quartz veining was intersected under the trench gold zone. The hole also intersected veins with base metal sulfides approximately vertically under the trench fault zone.

 

Closed-spaced 1980s diamond drill holes (Brunswick Mining and Smelting and Aurtec Inc.) in the area of holes Ky-15-3, 4, Ky-17-5, 6, 7 and 9 intersected near-surface mineralized veins (Elmtree 12 vein occurrence). A 0.88 metre core length interval from a 1981 drill hole was reported to grade 7.72% Cu, 11.36% Zn an 13.6 ounces per ton Ag. A 1.22 metre core length sample from a near-by 1989 drill hole was reported to assay 16.4% Cu, 10.11% Zn and 31.0 ounces per ton Ag. The true width of these intersections is unknown. These drill intersections are within 50 metre vertical depth. Great Atlantic personnel found loose casing in this area during 2015. It is uncertain which historic hole this represents.

 

Access to the property is excellent with paved roads transecting the property, including a provincial highway. The property covers an area of approximately 3,400 hectares.

 

To view the graphic in its original size, please click here

 

Readers are warned that historical records referred to in this News Release have been examined but not verified by a qualified person. Further work is required to verify that historical assays referred to in this News Release are accurate.

 

David Martin, P.Geo., a Qualified Person as defined by NI 43-101, is responsible for the technical information contained in this News Release.

 

About Great Atlantic Resources Corp.: Great Atlantic Resources Corp. is a Canadian exploration company focused on the discovery and development of mineral assets in the resource-rich and sovereign risk-free realm of Atlantic Canada, one of the number one mining regions of the world. Great Atlantic is currently surging forward building the company utilizing a Project Generation model, with a special focus on the most critical elements on the planet that are prominent in Atlantic Canada, Antimony, Tungsten and Gold.

 

 

Tetra Bio-Pharma $TBP.ca Signs Agreement with Partner Aphria $APH.ca to Start Promoting Rx Princeps(TM), its Medical Cannabis Blend, under ACMPR

Posted by AGORACOM-JC at 8:12 AM on Wednesday, October 18th, 2017

Tbp large new

  • Will start promoting a co-developed medical cannabis blend product under Access to Cannabis for Medical Purposes Regulations (ACMPR)
  • Signed a distribution agreement with its trusted partner Aphria to sell Rx Princepsâ„¢, its unique blend of dried medical cannabis used in its PPP0001 clinical trials

OTTAWA, ONTARIO- (Oct. 18, 2017) – Tetra Bio-Pharma Inc. (“Tetra” or the “Company“) (TSX VENTURE:TBP)(OTCQB:TBPMF), a global leader in cannabinoid-based drug development and discovery, today announced that it will start promoting a co-developed medical cannabis blend product under Access to Cannabis for Medical Purposes Regulations (ACMPR). Tetra has signed a distribution agreement with its trusted partner Aphria to sell Rx Princepsâ„¢, its unique blend of dried medical cannabis used in its PPP0001 clinical trials. Production of Rx Princeps has been initiated and will be available to patients in the coming weeks.

Rx Princepsâ„¢ will be a new option for doctors who want to prescribe medical cannabis, while ensuring that their patients will receive a consistent and high-quality product. Aphria grows and produces medical cannabis under a strict quality management program. Tetra chose Aphria as its partner because their production processes were adopted from the highly restricted and regulated pharmaceutical industry, and go above and beyond cannabis industry regulations mandated by Health Canada, thereby complying with the quality standards Tetra wants to bring to the medical community and its patients.

Rx Princepsâ„¢ will be a new therapeutic option not only for the 19% of adults who suffer from chronic pain in Canada, but also for the more than 200,000 patients already registered under the ACMPR program. Based on the most recent ACMPR market data from the Government of Canada, it is estimated that the sales of dried medical cannabis in Canada from April 2017 to March 2018 will be over $188M; Tetra is now prepared to enter this lucrative market.

“Our objective is to position ourselves as the reference for the medical community in the prescription of medical cannabis, and gain our growing share of that market in the years to come. We believe that we are bringing additional value to patients, physicians and other key healthcare professionals involved in treating at-need patients. We are ready to launch our first medical product, and we couldn’t be more pleased to do it with a partner such as Aphria, which has demonstrated their commitment to our vision of offering a medical product of the highest quality. Our team is dedicated to make this part of our business a very successful one, bringing value to our investors in the process. Being able to generate revenue to support our operations is an important step for Tetra Bio-Pharma,” says Bernard Fortier, CEO of Tetra Bio-Pharma.

About Rx Princepsâ„¢:

Rx Princepsâ„¢ is a unique blend of 3 strains of medical cannabis. Its production has been standardized in order to ensure a lot-to-lot consistent composition in its active ingredients (THC and CBD). Rx Princepsâ„¢ is composed of the same medical cannabis blend used to produce PPP001, which has demonstrated its safety in the Phase 1 clinical trial of PPP001.

Rx Princepsâ„¢ will be available across Canada, through Aphria’s customer service, for patients who have a prescription from their physicians.

About Aphria:

Aphria Inc., one of Canada’s lowest cost producers, produces, supplies and sells medical cannabis. Located in Leamington, Ontario, the greenhouse capital of Canada, Aphria is truly powered by sunlight, allowing for the most natural growing conditions available. Aphria is committed to providing pharma-grade medical cannabis, superior patient care while balancing patient economics and returns to shareholders.

About Tetra Bio-Pharma:

Tetra Bio-Pharma (TSX VENTURE:TBP)(OTCQB:TBPMF) is a biopharmaceutical leader in cannabinoid-based drug discovery and clinical development. Tetra is focusing on three core business pillars: clinical research, pharmaceutical promotion and retail commercialization of cannabinoid-based products.

More information at: www.tetrabiopharma.com

Source: Tetra Bio-Pharma

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.

Forward-looking statements

Some statements in this release may contain forward-looking information. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential acquisitions and financings) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company’s ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, the inability of the Company, through its wholly-owned subsidiary, GrowPros MMP Inc., to obtain a licence for the production of medical marijuana; failure to obtain sufficient financing to execute the Company’s business plan; competition; regulation and anticipated and unanticipated costs and delays, and other risks disclosed in the Company’s public disclosure record on file with the relevant securities regulatory authorities. Although the Company has attempted to identify important factors that could cause actual results or events to differ materially from those described in forward-looking statements, there may be other factors that cause results or events not to be as anticipated, estimated or intended. Readers should not place undue reliance on forward-looking statements. The forward-looking statements included in this news release are made as of the date of this news release and the Company does not undertake an obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities legislation.

For further information about Aphria, please contact:
Nina Godard – Edelman
416-455-6324
[email protected]

Vic Neufeld, President & CEO
1-844-427-4742

For further information about Tetra Bio-Pharma
and Rx Princeps(TM), please contact Tetra Bio-Pharma Inc.
Dr. Anne-Sophie Courtois, DVM
Vice President, Marketing & Communications
(514) 360-8040 Ext. 210
[email protected]

#Palladium Price Hits 16-Year High #PGM $NAM.ca

Posted by AGORACOM-JC at 2:47 PM on Tuesday, October 17th, 2017
October 17, 2017  by SchiffGold

A UBS strategist told CNN she’s convinced palladium’s strength is driven by fundamentals.

Like silver, palladium has both industrial and investment value. It is used in cars, electronics, dentistry, and jewelry. Between 1988 and 2002, the Canadian mint produced a palladium Maple Leaf coin.

Commerzbank analysts talked up palladium in a note to its clients.

Palladium is continuing to soar. Not only does demand from the automotive industry appear robust — speculative financial investors are also remaining loyal to palladium.”

Analysts say the surge in the price of palladium is due to strong demand for the metal, coupled with tight supply. About 78% of the demand comes from the auto industry. The metal is used in catalytic converters for gasoline-powered engines. The drive to curb auto emissions and the “demise of the diesel engine” in passenger cars has boosted demand for the metal.

According to analysts at City Index, tight supply is the primary factor driving the price of palladium.

Palladium supply is at its lowest level for 14 years and demand has been outpacing supply since 2011.  There is a strong potential for an ongoing supply deficit in the coming months, which could trigger a further price rise.”

Joni Teves, an analyst at UBS, told the Telegraph there is a currently a major shortfall in palladium production. The market could hit a deficit of 830,000 ounces this year, as miners have cut back production due to unproductive mines and increasing mining costs.

Russia and South Africa lead the world in palladium production.

The palladium market’s downside stems from its heavy reliance on the auto industry. Some analysts say the eventual rise of electric vehicles will impact the demand for metals used in catalytic converters. But electronic car technology still appears a long way from mass consumer acceptance. Their lack of range, the need for frequent charging, and their cost makes electric vehicles less than ideal for the average person.

The palladium market is much more volatile than gold and silver, but it could serve as an excellent diversifier for your precious metals portfolio. Call 1-888-GOLD-160 to talk to one of SchiffGold’s precious metals specialists today to learn more about investing in palladium.

Source: https://schiffgold.com/key-gold-news/palladium-price-hits-16-year-high/

FEATURE: Augusta Industries $AAO.ca Discusses Spin-Out Transaction, Clients of Subsidiaries include: #Enbridge $ENF.ca #Shell $RDS #Chevron $CVX #NASA

Posted by AGORACOM-JC at 1:28 PM on Tuesday, October 17th, 2017

Augustalarge

 

Augusta Industries (AAO:TSXV) is a superstar company that very few people small cap investors have ever heard of. More than just lip service, take a quick look at the client rolls of their 2 subsidiaries. Once you do, you’ll understand why Augusta just announced a spin out transaction that will split the subsidiaries into two companies, making shareholders very happy.

SUBSIDIARIES

1]  FOX-TEK – World leading solutions to various sectors including the oil and gas industry. With non- intrusive technologies including: fiber optic sensors and electric field mapping systems; FOX-TEK is able to accurately measure changes that could negatively impact clients’ operations, the list of which includes the following Tier-1 Energy Companies.

2]  Marcon International – an industrial supply contractor servicing the energy sector and a number of US Government entities. Marcon’s principal business is the sale and distribution of industrial parts and equipment to clients that include government departments and global energy companies.

  • Aiming to deliver $25M in additional shareholder value with its Sensor Technologies spin out announcement on September 28th.
  • At the time of “Spin out”, Augusta will own 50 Million shares of Sensor Tech, and 100% of Marcon International,
  • Transaction unleashing the potential for explosive growth through its multinational relationships and state of the art monitoring technology

Augusta is a burgeoning beast in the Oil & Gas service sector with its multi-faceted approach to creating shareholder value for its shareholders.

WATCH OUR RECENT INTERVIEW

American Creek $AMK.ca Commences Exploration Program on Dunwell #Mine Group of Properties in BC’S Golden Triangle

Posted by AGORACOM-JC at 8:44 AM on Tuesday, October 17th, 2017

Hublogolarge2 copy

  • Exploration program has commenced on Dunwell Mine group of properties
  • Objectives of the program include locating adits and other historic workings and planning hole locations for a Phase 1 drill program

American Creek Resources Ltd. (TSX-V:AMK) (“the Corporation”) is pleased to announce that an exploration program has commenced on the Corporation’s Dunwell Mine group of properties (“Dunwell property”) located in the “Golden Triangle” 7 km northeast of Stewart, BC.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171017005703/en/

Historic Dunwell Mine (Photo: Business Wire)

The objectives of the program include locating adits and other historic workings and planning hole locations for a Phase 1 drill program.

The 1,528 hectare Dunwell property includes the past producing high-grade Dunwell Gold Mine which from 1926-1941 produced 45,657 tonnes averaging 6.63 g/t gold, 223.91 g/t silver, 1.83 % lead, 4.01% zinc and .056% copper.

In addition to the Dunwell Mine, there are in excess of 15 other high-grade gold/silver showings located on the property including the Ben Ali (produced 4,500 tons of 21.6 g/t gold), the Tyee (produced 8.2 tonnes of 124.4 g/t gold with 4,478.8 g/t silver), the George E. (produced 12 tons of 13.0 g/t gold with 3,250.0 g/t silver and 23.3% lead) and several others with past production of high-grade gold, silver and base metals.

The Dunwell property is located in the richest portion of the Portland Canal Fissure Zone between the past producing Silbak-Premier gold mine (8km northwest) and the past producing Porter Idaho silver mine (10km south). IDM’s Red Mountain project (at feasibility stage) is located approximately 11km to the east.

Like the past producing Silbak-Premier and Porter Idaho mines that are now in the process of being put back into production in the near future, the Corporation believes that there is also potential to prove up more high-grade gold and silver reserves at the past producing Dunwell Mine along strike and below the level 4 workings.

Darren Blaney, CEO of American Creek, stated the following: “We are excited to have begun work on the recently acquired and amalgamated Dunwell Mine group. Even at this early stage of field work we have already located several high-grade vein systems both on surface and underground. Planning for upcoming drilling, including fine-tuning drill targets, is already underway.

The four recent strategic property deals and subsequent property amalgamation making up the Dunwell project were the culmination of many years of anticipating being able to acquire this strategic and highly prospective ground. It is satisfying to see it all coming together.”

A summary of the Dunwell Mine project can be viewed here: http://americancreek.com/images/pdf/DUNWELL_MINE_GROUP.pdf

See the Dunwell, Bear River, and Silvershot properties on the website.

The Dunwell Mine group of properties is an amalgamation of four recent strategic acquisitions of adjoining properties. The amalgamated property package represents the first time in many years that these prospective properties will be under single ownership. The project is 100% owned by the Corporation.

About American Creek

American Creek holds a strong portfolio of gold and silver properties in British Columbia. The portfolio includes three “Golden Triangle” gold/silver properties; the Treaty Creek and Electrum joint ventures with Walter Storm/Tudor as well as the recently acquired 100% owned past producing Dunwell Mine group of properties. Other properties held throughout BC include the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King.

For further information please contact Kelvin Burton at: Phone: 403-752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.com

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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20171017005703/en/

American Creek Resources Ltd.
Kelvin Burton, 403-752-4040
[email protected]

 

#Palladium tops $1,000 for first time since 2001 on auto demand #PGM $NAM.ca

Posted by AGORACOM-JC at 4:48 PM on Monday, October 16th, 2017
  • Palladium climbed above $1,000 an ounce for the first time since 2001 on hopes for rising demand from the car industry amid a shortage of supply
  • Prices for the metal, which is used in catalytic converters to curb pollution from mainly gasoline-powered vehicles, jumped as much as 1.9% to $1,010.22 on Monday in the spot market, before trading at $1,006.61 at 9:24am in New York

Singapore/London: Palladium climbed above $1,000 an ounce for the first time since 2001 on hopes for rising demand from the car industry amid a shortage of supply.

Prices for the metal, which is used in catalytic converters to curb pollution from mainly gasoline-powered vehicles, jumped as much as 1.9% to $1,010.22 on Monday in the spot market, before trading at $1,006.61 at 9:24am in New York. Gold for immediate delivery held near a three-week high.

Palladium is one of this year’s best-performing commodities, advancing 48%, more than three times the increase in gold and about 10 times the gain in its sister metal platinum.

“Palladium continues to be driven by the positive momentum created by expectations of a supply deficit amid rising demand,” Ole Hansen, head of commodity strategy at Saxo Bank A/S, said by email. Industrial metals have risen this year as the world economy recovers, and copper burst through $7,000 a metric ton on Monday for the first time since 2014.

Palladium became more expensive than platinum last month for the first time in 16 years. Prices for platinum, used in autocatalysts for diesel engines, have been hit as some European carmakers admitted to cheating emissions tests for such vehicles, curbing consumer demand.

Platinum declined 0.1% to $944.60 an ounce Monday.

Things could get worse. Europe’s diesel-engine market share may fall by half by 2025, potentially removing 300,000 to 600,000 ounces of platinum demand in the next decade, according to Citigroup Inc. The bank sees global surpluses in platinum stretching out to 2020, while the shortfall in palladium is set to widen to more than a million ounces next year before narrowing to 750,000 ounces by 2020.

“Despite the PGM spread inversion since the end of September, we remain favorable to palladium over the short term,” Citigroup analysts including Nell Agate said in a note dated Friday. “However, ever-looming substitution risks prevent an outright bullish view on palladium over the long term.”

Trading activity has also played a role in boosting palladium prices, Simona Gambarini at Capital Economics Ltd in London, said by email. “As such, prices look vulnerable to a correction,” she said.

Spot gold touched the highest intraday since 26 September, gaining as much as 0.2% to $1,306.11 an ounce before a host of US Federal Reserve speakers this week who may provide clues on the outlook for US monetary policy. Silver was little changed at $17.4155 an ounce.

Source: http://www.livemint.com/Money/a3TzHLW6hHkXjXMcMBoPgJ/Palladium-tops-1000-for-first-time-since-2001-on-auto-dema.html

#NBA #Esports investment ‘a long-term play’ that will be ‘around for decades’ $GMBL

Posted by AGORACOM-JC at 11:20 AM on Monday, October 16th, 2017

“This is a massive industry, and we think we have a place in it.

  • Next year, the National Basketball Association will officially enter the world of esports by way of its NBA 2K League
  • Managing director Brendan Donohue has now billed the association’s esports involvement as “a long-term play” that he reckons will span multiple decades.

By Joe Donnelly 4 hours ago

Next year, the National Basketball Association will officially enter the world of esports by way of its NBA 2K League. Managing director Brendan Donohue has now billed the association’s esports involvement as “a long-term play” that he reckons will span multiple decades.

In conversation with Gamesindustry.biz, Donohue suggests the NBA is confident of its place in esports and that the success of the NBA 2K series makes the jump a “logical” step.

“We have great data on NBA fans, and that’s a massive audience,” says Donohue. “We see that NBA fans are more likely to play video games, and actually more likely to engage in esports than fans of other sports. We think there’s a pretty nice marriage here.

“I don’t think you have to be a fan of 2K to enjoy watching. That’s one of our advantages: the NBA 2K game, and basketball more broadly, are globally recognisable. You can watch having never played the 2K game before and understand what’s going on. That gives an advantage with that more casual audience. [Games like League of Legends] are awesome games, but they can be intimidating [to watch] of you’ve never played them.”

Donohue points to the fact League of Legends finals have pulled bigger audiences than the Oscars, and that awareness isn’t something he or his team consider an issue. That said, Donohue also describes revenues as “a secondary goal right now”, and that building scale is their current focus.

He continues: “There’s a significant appetite for the game in the US, but more importantly globally. We have a free version of the game in China that has 34 million registered users. That suggests there’s a global appetite for the game; in fact, I don’t think people understand how big the 2K game is globally.

“This is a long-term play for us. We expect this to be around for decades, so the primary goal is building an audience, doing that in the right way, and creating an environment where our players can be successful. We’re confident the revenues will follow if we do that right.”

The NBA 2K League is set to kick off next year. Gamesindustry.biz’s interview with Donohue in full can be read in this direction.

Source: http://www.pcgamer.com/nba-esports-investment-a-long-term-play-that-will-be-around-for-decades/

Legendary Financier Sheldon Inwentash $IDK.ca Sets His Sites On The #Blockchain #Blockstation

Posted by AGORACOM-JC at 10:50 AM on Monday, October 16th, 2017

“The Company also wishes to announce it has formed an advisor group composed of mainly outside consultants to help with due diligence and deal flow relating to potential Blockchain Investments. “

If Sheldon Inwentash is setting his sites on the Blockchain, then his past accomplishments in the resources space at Pinetree (2 Billion dollar exits, 1 ~ $500M exit) are in danger of being dwarfed over the next 5 years.

ThreeD Capital $IDK.ca Announces Proposed Private Placement

Posted by AGORACOM-JC at 9:37 AM on Monday, October 16th, 2017

Threed capital

  • Proposing to complete a non-brokered private placement
  • To sell up to 10 million units  at a price of $0.10 per Unit, for aggregate gross proceeds of up to $1,000,000

TORONTO, Oct. 16, 2017 — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) announces today that it is proposing to complete a non-brokered private placement to sell up to 10 million units (“Units”) at a price of $0.10 per Unit, for aggregate gross proceeds of up to $1,000,000 (the “Financing”).  Each Unit will consist of one common share of the Company and one common share purchase warrant (a “Warrant”).  Each Warrant will entitle the holder to acquire one additional common share of the Company at an exercise price of $0.15 per share for a period of 36 months following the closing date of the Financing.   Up to 33% of the Financing may be purchased by insiders of ThreeD.

The gross proceeds of the offering will be used for general and administrative expenses and the purchase of investments.  Completion of the offering is subject to regulatory approval, including the approval of the Canadian Securities Exchange.  The common shares and Warrants issued will be subject to a four-month hold period from the date of the closing of the Financing.  The Financing is expected to close by October 31, 2017.

The Company also wishes to announce it has formed an advisor group composed of mainly outside consultants to help with due diligence and deal flow relating to potential Blockchain Investments.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the resource, technology and biotechnology markets.

For further information: Gerry Feldman, CPA, CA Chief Financial Officer and Corporate Secretary [email protected]
telephone: 416 606 7655

HPQ Silicon Resources $HQP.ca Gen 2 PUREVAP(TM) QRR Commences Operation

Posted by AGORACOM-JC at 9:34 AM on Monday, October 16th, 2017

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  • Gen 2 PUREVAPtm Quartz Reduction Reactor (“QRR”) reactor, 1/250 scale model of the planned 200 tonnes per annum (tpa) Pilot Plant (PUREVAPtm Pilot Plant) has completed its installation,
  • Assembly and commissioning phases and that the new testing program will commence this week

MONTREAL, QUEBEC–(Oct. 16, 2017) – HPQ Silicon Resources Inc (“HPQ”) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to advise shareholders that PyroGenesis Canada Inc (PyroGenesis) has informed HPQ that the Gen 2 PUREVAPtm Quartz Reduction Reactor (“QRR”) reactor, 1/250 scale model of the planned 200 tonnes per annum (tpa) Pilot Plant (PUREVAPtm Pilot Plant) has completed its installation, assembly and commissioning phases and that the new testing program will commence this week.

Bernard J. Tourillon, Chairman and CEO of HPQ Silicon stated, “Commencement of the Gen 2 PUREVAPtm QRR is an exciting day for HPQ, PyroGenesis and our shareholders. Building on our Gen 1 PUREVAPtm success to date the Gen 2 PUREVAPtm QRR will allow further refinements to the silicon purification and testing of the numerous process improvements now planned for the Pilot Plant. This will greatly de-risk our project and provide valuable information now as we continue to make the process adjustments needed to produce commercial quantities of Solar Grade Silicon Metal.”

ANTICIPATED TIMELINE FOR TESTING AND KEY MILESTONE MOVING FORWARD

The new Gen 2 Purevapâ„¢ QRR testing program will focus on Process Refinement, Characterization, Metallurgical Testing and testing electrical parameters.

The first tests will be done to establish the new operating parameters of the equipment, using a low purity batch of Roncevaux Quartz as feedstock.

The first key millstones of the program being:

  • Successfully operating the Gen 2 Purevapâ„¢ in a semi-continuous feed mode over multiple test cycles;
  • Successfully tapping the Silicon Metal from the Gen 2 Purevapâ„¢, over multiple test cycles.

This phase of testing, expected to last several weeks is important as it will give us crucial data to commence final design of the PUREVAPtm Pilot Plant to be constructed in 2018.

Once Gen 2 is fully operational, we will switch to High Purity Feedstock, for the next series of tests, focusing on:

  • Testing of the electrical parameters of the High Purity Si;
  • Produce enough material to send samples to Solar industry participants;
  • Provide data to demonstrate the economics of PUREVAPâ„¢ QRR.

UPDATE ON GEN 1 PUREVAPtm SILICON METAL PURITY TESTS

The final comprehensive report and recommendations on the original proof of concept and GEN 1 process characterization, including the complete 94 metallurgical tests conducted, is being finalized by PyroGenesis.

This Press Release Is Available On The Company’s CEO Verified Discussion Forum, A Moderated Social Media Platform That Enables Civilized Discussion and Q&A Between Management and Shareholders.

La version française du communiqué de presse est disponible sur http://www.hpqsilicon.com

About HPQ Silicon

HPQ Silicon Resources Inc is a TSX-V listed resource company planning to become a vertically integrated and diversified Metallurgical Grade and Solar Grade Silicon Metal producer. Our business model is focused on developing a disruptive one step High Purity and Solar Grade Silicon Metal manufacturing process (patent pending). Solar Grade Silicon being the key ingredient required to transforms the sun energy into electricity.

HPQ plans to generate high yield returns and significant free cash flow within a relatively short time line. The process will have a greatly decreased carbon footprint, energy footprint, and will eliminate the use of the toxic chemical reagents and by products now in use by the current solar silicon production technologies, which fundamentally date from designs made in the mid 1900’s.

Disclaimers:

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.

Shares outstanding: 173,003,173

HPQ Silicon Resources Inc.
Bernard J. Tourillon
Chairman and CEO
(514) 907-1011

HPQ Silicon Resources Inc.
Patrick Levasseur
President and COO
(514) 262-9239
www.HPQSilicon.com