Agoracom Blog

AGORACOM Launches Small Cap Marijuana Stocks Gateway For Investor Research

Posted by AGORACOM at 10:32 AM on Monday, March 17th, 2014

Good morning to you all.  As the Small Cap Medical Marijuana Stocks race enters its infancy “PotCom” … but sets to become the single fastest growing industry since DotCom, AGORACOM will once again establish itself as the starting point for investor research and moderated discussion.

We’ve already started the process by announcing the engagement of 3 leading small cap medical marijuana clients:

We’re now building on that foundation by launching the AGORACOM Small Cap Marijuana Stocks Gateway.  This is the research starting point for small cap marijuana stocks investors to begin their research.  We feel it is important to help investors given the fact that we have already seen – and expect to see many more – “pretenders” enter the space by simply issuing a press release with “medical marijuana” in it for no other reason than to get a quick bump in their share price.

Our gateway will only include real small cap medical marijuana companies that are truly engaged in the business and have taken active steps towards it.  In addition, the gateway goes beyond being a simple list by actively updating itself with relevant content from the industry.

Within a few weeks, this initiative will grow even further with a bigger presence and even greater content but – in the meantime – we believe this is a great starting point to discover real small cap marijuana stocks.

Click below to start your research and be sure to come back often!

Small Cap Marijuana Gateway

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

Posted in AGORACOM News And Events, Enertopia Corp., Lexaria Corp., Medical Marijuana Stocks, Next Gen | Comments Off on AGORACOM Launches Small Cap Marijuana Stocks Gateway For Investor Research

Enertopia Announces Corporate Update – Receiving Requests on a Daily Basis From Current Producers

Posted by AGORACOM-JC at 8:13 AM on Monday, March 17th, 2014

Vancouver, BC / TNW-ACCESSWIRE / March 17, 2014 / Enertopia Corporation (ENRT) on the OTCBB and (TOP) on the CSE (the “Company” or “Enertopia”) is pleased to announce the following corporate update.

Enertopia announces 1,548,000 warrants have been exercised for net proceeds to the Company of $289,475.00 USD, this amount is in addition to those previously announced.

The Company is currently receiving requests on a daily basis from current producers who are in the process of transitioning from the old system to the new Health Canada system for the licensed producer (LP) status. Talks are ongoing and are at various stages of due diligence at this time.

“These are exciting times for Enertopia with exceptional opportunities for our company in the Medical Marihuana Business sectors in Canada and the United States.” stated President / CEO Robert McAllister

Some of the issued shares will be subject to a hold period in Canada of four months and one day, or for any resale into the USA under Rule 144, six months and one day. Proceeds of the warrants exercised will be used for general working capital and for corporate opportunities.

The securities referred to herein will not be or have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

About Enertopia

Enertopia’s shares are quoted in Canada with symbol TOP in the United States with symbol ENRT. For additional information, please visit www.enertopia.com or call Dale Paruk, President, Coal Harbor Communications Ltd. at 1.604.662.4505

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, evaluation of clean energy projects, Oil & Gas Projects, Medical Marihuana Projects for participation and/or financing, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions that are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements., foreign exchange and other financial markets; changes of the interest rates on borrowings; hedging activities; changes in commodity prices; changes in the investments and exploration expenditure levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Enertopia Corporation operates. The User should refer to the risk disclosures set out in the periodic reports and other disclosure documents filed by Enertopia Corporation from time to time with regulatory authorities. There is no assurance that the Company will be successful in completing any anticipated financing and or its joint Venture partners will receive their Health Canada license under the new regulations or any technology will result in future sales.

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

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

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Why Are Companies Acquiring Property All Around Garibaldi Resources? “Potential New World Class Mining Camp”

Posted by AGORACOM at 10:05 AM on Friday, March 14th, 2014

AGORACOM Sponsor – Garibaldi Resources – is the dominant landholder in the emerging Sheslay Camp in Northwest British Columbia.  The company believes this is a highly prospective, under-exploited new Cu-Au porphyry discovery area.

It looks like others are starting to believe it too.  Here is an excerpt from a recent press release by another unnamed company:

it has acquired 1,889 hectares of claims contiguous to the entire northern border of Prosper Gold Corp.’s Sheslay Cu-Au Porphyry Project located in northwestern British Columbia. The central and northern parts of Prosper’s Sheslay project include three Cu-Au porphyry targets – the advanced Star, the North Star and the East Star, each located within approximately one kilometer of each other. The claims are also contiguous with the northwestern corner of Garibaldi Resources Corp.’s Grizzly Property as well as the northern boundary of Doubleview Capital Corp.’s Hat Property.

The Company now holds prospective claims in the Sheslay Valley, …. a potential new world class mining camp.

“XXX is extremely pleased to have acquired these very strategic claims in the most exciting new exploration area of British Columbia where drilling discoveries have recently been announced on two separate properties.“

Garibaldi Resources (GGI:TSXV) is not only the dominant land holder in Sheslay Valley, it also has more than $3,000,000 in working capital AND hasn’t raised $1 over the last 5 years thanks to a very strategic asset sale that filled its coffers.

Find out everything you need to know about Garibaldi Resources in 90 seconds.

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Financing abounds for medical marijuana startups

Posted by AGORACOM-JC at 9:15 AM on Friday, March 14th, 2014

Financing abounds for medical marijuana startups

All of the medical marijuana producers approved by Health Canada or in the approval process say they’d been approached with multiple financing offers.

MICHEL COMTE / AFP/GETTY IMAGES

Tweed Inc. workers tend to medical marijuana plants at a new commercial operation set up inside a former Hershey’s chocolate factory in Smiths Falls, Ontario, an hour’s drive from Canada’s capital Ottawa, on February 4, 2014. AFP PHOTO/MICHEL COMTE

By: Business reporter, Published on Thu Mar 13 2014

Canada’s new medical marijuana industry is set to make history on the Toronto Stock Exchange.

Tweed Inc., among the first ten companies licensed by the federal government to produce and distribute pot, is in the final stages of approval for a listing on the TSX Venture Exchange.

The firm has a ticker secured — TWD — chosen because fertilizer manufacturer Potash Corp. has long held the ticker POT, joked chairman Bruce Linton.

If it is granted the listing it will become the country’s first public medical marijuana company with an opening share price just below $1, he said.

With over $10 million in private financing, Tweed is housed in the old Hershey’s plant in Smiths Falls and on track to produce 25 different strains of medical marijuana ranging in price from $5 to $12 a gram.

The company hopes to capture a healthy slice of the $1.3-billion medical marijuana industry Health Canada forecasts by 2024. And that’s worth the scrutiny and paperwork of an IPO, said Linton.

“We thought it was an important step to give another level of credibility to what we’re doing as a differentiator in terms of professionalism,” he explained.

Under Canada’s new Marihuana for Medical Purposes Regulations (MMPR), which roll out completely April 1, the government appoints and oversees producers. The old guidelines allowed users to grow their own medical marijuana or purchase it from the government.

The cost for staff and facilities to meet Health Canada’s requirements is substantial, say licensees.

“To build up a capacity to produce large quantities, and test the product, and have a quality, secure operation, that requires significant dollars,” said Bedrocan Canada CEO Marc Wayne.

“You’re moving out of the kind of handmade grow ops in days gone by. This is a much more sophisticated industry.”

Fortunately, startup money abounds. All the approved or pending producers the Star spoke with said they’d been approached with multiple offers by financiers.

Venture capitalist Kevin O’Leary may yet be among them. In a recent CNBC appearance, the investor of Dragon’s Den fame raved about the burgeoning U.S. industry where $14 million (U.S.) of recreational pot was sold in Colorado in January.

“For me as an investor, this is like getting an opportunity to get into alcohol after prohibition just ended,” he said on Squawk Box. “This is going to be a massive multi-billion dollar business, regulated and taxed by the government…. I really like the margins in this business – it is phenomenal,” he said.

However, with these changes only happening at the state level —Washington is next to allow recreational pot — O’Leary fears running afoul of territorial rules.

“If I were to invest in two deals I’ve been looking at in Colorado right now I could run into jurisdictional problems as an investor in another state where it’s illegal,” he said.

The Montreal native needs to look closer to home.

“Since we became licensed, I’ve received quite a number of calls, both from individuals and from bankers wanting to talk to me about financing or investing or even going public,” said Neil Closner, MedReleaf CEO.

“This is an extremely exciting, interesting time for bankers in Canada, because there really isn’t a huge healthcare entrepreneurial base in this country; mostly because the government controls healthcare.”

MedReleaf doesn’t have designs on the TSX though.

“Being a public company has its pros, but it involves a lot of work in terms of public reporting and news releases and regulations,” said Closner. “We’d rather focus on growing and treating our patients.”

Mark Gobuty, CEO of The Peace Naturals Project, has a similar outlook: “We think there’s going to be a significant evolution for this industry. We need to be nimble and responsive, both to our clients and to the regulator, and we need to be privately held, with a low amount of shareholders, for really important decisions.”

One publicly-traded Canadian company has their sights on ancillary industries rather than growers or producers.

“There are just a lot of companies rushing into that space,” said Harry Barr, CEO of Vancouver-based Next Gen Metals Inc. “Part of my fear is that there’s a limited amount of patients. I see us financing the companies that do the lights, the fertilizer, the seed, the sophisticated equipment that would go in there. To use a mining analogy, I want to sell them the picks and shovels.”

The long time mining executive, who is diversifying into medical marijuana and industrial hemp to buoy a mining slump, said Next Gen is currently reviewing 45 proposals.

Source: http://www.thestar.com/business/2014/03/13/financing_abounds_for_medical_marijuana_startups.html

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

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Enertopia Announces Corporate Update

Posted by AGORACOM-JC at 8:12 AM on Friday, March 14th, 2014

Vancouver, BC / TNW-ACCESSWIRE / March 14, 2014 / Enertopia Corporation (ENRT) on the OTCBB and (TOP) on the CSE (the “Company” or “Enertopia”) is pleased to announce the following corporate update.

Enertopia has engaged The Money Channel for National Radio, Television and Internet market communications campaign. Steve Crowley has been at the forefront of financial news since 1982.

“These are exciting times for Enertopia with exceptional opportunities for our company in the Medical Marihuana Business sector. Steve Crowley has proven to be a leader in getting the word out on new opportunities, and we are happy to have engaged The Money Channel for their services.” stated President / CEO Robert McAllister

Enertopia has paid a onetime fee of $21,735.00 for this six month Radio, TV and Internet media contract. Further information can be found at www.moneychannel.tv

Enertopia is also pleased to announce 815,310 warrants have been exercised for net proceeds to the Company of $163,062. The president exercised 200,000 of the above warrants and one director exercised 50,000 options for $7,500 net proceeds to the Company. All dollar amounts are in US dollars.

The Wisplite LOI announced on February 10th has expired and will not proceed, due to Enertopia’s focus solely on the MMJ sector at this time.

Any issued shares will be subject to a hold period in Canada of four months and one day, or for any resale into the USA under Rule 144, six months and one day. Proceeds of the Private Placement will be used for general working capital and for corporate opportunities. The Private Placement will be subject to normal regulatory approvals.

The securities referred to herein will not be or have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

About Enertopia

Enertopia’s shares are quoted in Canada with symbol TOP in the United States with symbol ENRT. For additional information, please visit www.enertopia.com or call Dale Paruk, President, Coal Harbor Communications Ltd. at 1.604.662.4505

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, evaluation of clean energy projects, Oil & Gas Projects, Medical Marihuana Projects for participation and/or financing, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions that are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements., foreign exchange and other financial markets; changes of the interest rates on borrowings; hedging activities; changes in commodity prices; changes in the investments and exploration expenditure levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Enertopia Corporation operates. The User should refer to the risk disclosures set out in the periodic reports and other disclosure documents filed by Enertopia Corporation from time to time with regulatory authorities. There is no assurance that the Company will be successful in completing any anticipated financing and or its joint Venture partners will receive their Health Canada license under the new regulations or any technology will result in future sales.

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

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

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Garibaldi broadens mineralized corridor at Grizzly, prepares to accelerate 2014 exploration plans

Posted by AGORACOM-JC at 6:05 PM on Thursday, March 13th, 2014

Garibaldi broadens mineralized corridor at Grizzly, prepares to accelerate 2014 exploration plans

TSXV: GGI, OTC: GGIFF, Frankfurt: RQM

VANCOUVER, March 13, 2014 – Garibaldi Resources Corp. (TSXV: GGI) (the “Company” or “Garibaldi”) is pleased to report that recent reconnaissance work carried out over western portions of its Grizzly Property in the Sheslay Valley, northwest British Columbia, has identified a new zone of porphyry copper mineralization 3 km south of its Grizzly West porphyry target and 3 km west-southwest of Prosper Gold Corp.’s Pyrrhotite Creek prospect in an area referred to as West Kaketsa. Garibaldi is the largest landholder among juniors in the Sheslay district and controls approximately 26,200 hectares in claims. The results of this program suggests potential to significantly broaden a NW/SE trending corridor of porphyry targets that extends for over 30 km through the Sheslay Valley from the western end of the Grizzly Property through Grizzly Central to the recently announced Grizzly East expansion claims.

Given highly encouraging results in the western and central parts of the Grizzly Property, Garibaldi is accelerating its 2014 plans at the Grizzly by launching an aggressive Phase 1 exploration program to include detailed mapping, geochemistry, IP surveys and drilling. The initial stages of this work will commence in the next few weeks and the results will determine the scale of a planned Phase 2 program. Garibaldi is in a strong working capital position and is looking forward to advancing the Grizzly Project concurrently with its assets in Mexico.

“The importance of the discoveries recently announced by Prosper Gold and Doubleview Capital Corp., located approximately 10 km apart on properties within the Sheslay corridor, is the scale of mineralization over such wide distances. Confirmation of another significant porphyry target area several km south of Grizzly West underscores the world class potential of this growing mineralized Cu-Au porphyry corridor in the Sheslay Valley,” explained Steve Regoci, Garibaldi President and CEO. “Garibaldi has captured more than 50% of this very prospective corridor with multiple targets already identified from Grizzly West to Grizzly Central through geophysical and geochemical surveys. We’re very excited about advancing the Grizzly to a first-ever drilling stage.”

West Kaketsa Mineralization Similar To Grizzly West, Pyrrhotite Creek

The extent of the newly discovered mineralized area at West Kaketsa is yet to be determined but it’s located approximately 1 km north of the historic West Kaketsa prospect (B.C. Minfile # 104J-024) and appears to be related to a fault that extends at least 3 km to Pyrrhotite Creek on the eastern flank of Mount Kaketsa. Garibaldi’s upcoming program at the Grizzly Property includes plans to further define this new zone with IP surveys and identify potential drill targets.

Petrographic analysis of mineralization from both the West Kaketsa and Grizzly West prospects has confirmed that both areas exhibit classic porphyry-style copper-gold mineralization including hydraulic brecciation, disseminated chalcopyrite and intense alteration within a hydrothermal environment. Garibaldi’s reconnaissance work identified the new mineralized zone while following up on an encouraging airborne magnetic and radiometric survey completed last fall over western portions of the Grizzly Property.

The airborne survey confirmed that West Kaketsa, like Grizzly West, is in a region of strong magnetic activity and structure, the latter indicating faults and fractures in the intrusive bodies favorable for mineralizing fluids along the contact zones of the Mount Kaketsa monzonite granodiorite stock. Historic technical reports describe porphyry mineralization at West Kaketsa as being similar to mineralization observed at Pyrrhotite Creek. Prosper Gold has reported that Pyrrhotite Creek is a large mineralized zone with multiple porphyry targets located 3 km southwest of the Star porphyries in the SW corner of its Sheslay Property adjoining the Grizzly.

Grizzly West

Last fall’s airborne survey shows that Grizzly West is on the periphery of a large magnetic anomaly, in a similar setting to targets on the adjoining Sheslay Property. A soil geochemical survey has defined several strong copper anomalies open in multiple directions at Grizzly West with the grid covering an area approximately 1.5 km x 1.5 km. Fieldwork at this target has confirmed historical reports (Corona Resources) of mineralization with reported grades ranging from 0.20% Cu to 6.7% Cu in rock chip samples.

Maps – West Kaketsa & Grizzly West

Maps showing location, sampling areas and full results from recent work completed at West Kaketsa and Grizzly West are available on the Garibaldi web site at www.GaribaldiResources.com.

To view a 2.5-minute video on the Grizzly Property and the Sheslay Valley, please visit the following URL: http://www.garibaldiresources.com/s/Media.asp#video1

Qualified Person

Carl von Einsiedel, P.Geo., a non-independent geological consultant and a Qualified Person as defined by NI-43-101 has reviewed this release and approved the content thereof.

We seek safe harbor.

GARIBALDI RESOURCES CORP.

Per: “Steve Regoci”
Steve Regoci, President

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or the accuracy of this release.

SOURCE Garibaldi Resources Corp.

GARIBALDI RESOURCES CORP.
1150 – 409 Granville Street
Vancouver, BC V6C 1T2
Telephone: (604) 488-8851 Website: www.GaribaldiResources.com

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AGORACOM Small Cap Stock TV – March 13, 2014

Posted by AGORACOM-JC at 12:32 PM on Thursday, March 13th, 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 March 13th and we’ve found 4 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:
Next Gen Metals (N.C),

Corvus Gold (KOR.T),

Nexgen Energy (NXE.V),

True Gold Mining (TGM.V)

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Weed 2: Cannabis Madness: Dr. Sanjay Gupta Reports

Posted by AGORACOM-JC at 12:21 PM on Thursday, March 13th, 2014
Weed 2: Cannabis Madness: Dr. Sanjay Gupta Reports, premiered Tuesday, March 11th, looks at U.S. federal laws that consider marijuana a drug with no medicinal value and serious scientists who say they’re wrong. It is the politics of pot – the politicians vs. the patients.

Legal in 20 states plus the District of Columbia, limited access to medicinal marijuana has caused significant battles between legislators and qualified patients seeking this type of treatment. Vivian Wilson, a 2-year-old girl suffering from chronic seizures, is one of those patients. Wilson made headlines in 2013 when her father confronted New Jersey Governor Chris Christie pleading “please don’t let my daughter die” and imploring him to legalize medical marijuana in the state.

In the one-hour documentary, Gupta gets exclusive access to the journey of Vivian’s family who, along with many patients, are willing to do anything to get medical marijuana and face many legal challenges along the way. He meets with dozens of families dubbed “medical marijuana refugees” who have moved to Colorado, where pot is legal, to get medical marijuana for their sick children. Gupta also examines disparities in the U.S. government’s research into the benefits of medical marijuana and reports on groundbreaking discoveries in other countries. Gupta’s investigation takes him around the world looking for answers, including a rare inside look at a pharmaceutical company in the United Kingdom that is the only one in the world turning pot into a prescription drug.

Source: Cnn.com

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

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Next Gen appoints Michael Hektoen to help head its Medical Marijuana/Industrial Hemp Business Development Team

Posted by AGORACOM-JC at 9:20 AM on Thursday, March 13th, 2014
  • Next Gen’s Vision: To be a leading provider of venture capital, management expertise, education and a facilitator for this explosive new industry
  • Next Gen plans to consolidate certain sectors of this fragmented industry
  • To that end:
  • The Company’s business model continues to generate new business plans and project submittals 24/7
  • Management is currently reviewing over 45 business plans and proposals
  • Next Gen’s Management is currently finalizing its Industry Advisory Board

Vancouver, British Columbia / TNW-ACCESSWIRE / March 13, 2014 / Next Gen Metals Inc. (“Next Gen”, “The Company”) (CSE: N, OTC Pink: NXTTF, FSE: M5BN) is pleased to announce that Mr. Michael Hektoen has been added to Next Gen’s Medical Marijuana and Industrial Hemp business development team. With years of business development experience, Michael will help create long-term shareholder value for the company by providing guidance and expertise in areas directly related to Next Gen’s business model (see the company’s press release dated February 26, 2014).

Mr. Barr, President and CEO stated that “A growing proportion of the medical community believe that Medical Marijuana and, more specifically cannabinoids, have the potential to help patients who are suffering from a variety of ailments and illnesses. In addition, Industrial Hemp is an emerging industry in Canada and hemp is one of the strongest natural fibers known to man. Hemp has a wide range of applications including medicine. Both sectors show the potential for exponential growth.”

Mr. Barr further stated that “On behalf of the board of directors and management of Next Gen, I am pleased to have Mr. Hektoen join the Next Gen Team. We are confident his diversified skills set and business experience will add to our existing and growing team of professionals dedicated to this explosive new industry.”

About Michael Hektoen

Mr. Hektoen is dual citizen of the United States and Canada and was the Founder, President and CEO of a fully listed NASDAQ traded company in the entertainment-media industry. He has advised privately owned and publicly traded companies in areas such as due diligence, joint ventures, business development, marketing, social networking, branding and corporate finance.

Mr. Hektoen was retained by the Canadian Aboriginal Housing Management Association to provide guidance for the first World Indigenous Housing Conference held in Vancouver, BC Canada in 2012. He also organized the attendance of leading Tribal, Government, and Business leaders from the US and Canada for the Global Arc Boston Conference attended by Global Pension, Endowment and Hedge Fund leaders. The subject of the session was ‘Meeting the Investment Needs of the Native American Nations’.

He is celebrating his 38th year in the music-entertainment industry as a music producer, artist manager and Owner – CEO of the world famous NYC based Media Sound Studios where Barbra Streisand, Guns and Roses, Luther Vandross, Ray Charles, Rolling Stones, Aretha Franklin, Madonna, Frank Sinatra, Aerosmith, Tina Turner, Whitney Houston, Billy Joel, John Hammond Sr. and Mariah Carey among others recorded and was the co-owner of TWM Management who provided career management services to acts such as Kool & The Gang and The Manhattans. His efforts helped artists generate over 100 gold and platinum records.

About Next Gen

Next Gen is a diversified Canadian public company which is focused on investing in the Medical Marijuana and Industrial Hemp business sector. Recent regulatory/legal changes in North America have provided an opportunity for the company to enter into this emerging multi-billion dollar industry. Next Gen’s vision is to be a leading provider of venture capital, management expertise, education and a facilitator for this explosive new industry.

Next Gen plans to provide financing for both private/publicly listed Medical Marijuana and Industrial Hemp companies in exchange for an equitable interest in their business and/or a royalty on sales. Next Gen also 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 is currently reviewing and soliciting new business proposals in various segments of the industry including: health, food, agri-business, legal grow-ops, research & technology, client generation, education, public awareness, specialty clinics and ancillary business opportunities. For further information, visit our website at www.nextgenmetalsinc.com. On another matter, the Company will issue a total of 100,000 stock options to two consultants at $0.21 per share.

For further information contact Investor Relations:

Tel: +1 604 685 1870 Toll Free 1.800.667.1870 Fax: +1 604 685 8045
Email: [email protected] or visit http://www.nextgenmetalsinc.com
650-555 West 12th Avenue, City Square,

West Tower, Vancouver, B.C., Canada, V5Z 3X7

On behalf of the Board of Directors

“Harry Barr”

Harry Barr

President & CEO

FORWARD LOOKING INFORMATION

This News Release contains forward-looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements.

Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com.

This News Release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

The CSE has neither reviewed or approved the contents of this News Release.

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

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Lomiko Metals Inc. Closes Financings for Gross Proceeds of $5,520,800

Posted by AGORACOM-JC at 9:09 AM on Thursday, March 13th, 2014

VANCOUVER, BRITISH COLUMBIA and TORONTO, ONTARIO–(March 13, 2014) – LOMIKO METALS INC. (TSX VENTURE:LMR) (the “Company” or “Lomiko”) is pleased to announce that it has successfully completed its previously announced public offering (the “Public Offering”) in connection with the short form prospectus of the Company dated March 6, 2014 (the “Prospectus”).

Under the Public Offering, 26,584,180 units of the Company (the “Units”) were sold at a price of $ 0.11 per Unit and 4,627,000 units of the Company (the “Flow-Through Units”) were sold at a price of $0.13 per Flow-Through Unit.

Each Unit consists of one common share of the Company (each, a “Common Share”) and one-half of one common share purchase warrant (each whole warrant being a “Unit Warrant”). Each Flow-Through Unit consists of one Common Share to be issued on a “flow-through” basis within the meaning of the Income Tax Act (Canada) (each a “Flow-Through Share”) and one-half of one common share purchase warrant (each whole warrant being a “Flow-Through Unit Warrant”).

Each Unit Warrant entitles the holder thereof to purchase one common share of the Company (the “Unit Warrant Shares”) at a price of $0.15 per Unit Warrant Share at at any time before the date that is 18 months following the closing date of the Public Offering. Each Flow-Through Unit Warrant entitles the holder thereof to purchase one common share of the Company (the “Flow-Through Unit Warrant Shares”) at a price of $0.20 per Flow-Through Unit Warrant Share at at any time before the date that is 18 months following the closing date of the Public Offering.

In consideration for services rendered in connection with the Public Offering, the Company has paid a cash commission equal to 8% of the gross proceeds received from the sale of the Units and the Flow-Through Units and the Company granted 1,872,671 compensation options, with each compensation option being exercisable to purchase one common share of the Company for a period of 18 months following the closing date of the Public Offering, at a price of $0.11 per common share. Total commission and fees related to the Units and the Flow-Through Units under the Prospectus were $381,780.83.

An overallotment provision granted under the Prospectus was not utilized and is now extinguished.

The Company is also pleased to announce the closing of its previously announced concurrent non-brokered offering by issuing 15,346,231 flow-through units (the “Private Placement Units”) for additional gross proceeds of $1,995,010.03 (the “Private Placement”). The securities underlying the Private Placement Units were issued on the same terms as the securities underlying the Flow-Through Units that were issued under the Public Offering. In connection with the Private Placement, the Company paid a finder’s fee of 8% in cash and issued 920,774 compensation options, with each compensation option being exercisable to purchase one common share of the Company for a period of 18 months following the closing date of the Private Placement, at a price of $0.13 per common share. Total commission and fees related to Private Placement Units were $194,600.80.

The net proceeds from the Public Offering of $3,143,988.97 and the Private Placement of $1,800,409.23 will be used by Lomiko primarily in connection with the exploration program on the Quatre-Milles East and West mineral properties (Quebec), for business development and for working capital and general corporate purposes. In particular, the proceeds of the flow-through shares under the Public Offering and the Private Placement will be used by the Company to incur eligible Canadian Exploration Expenses as defined by the Income Tax Act (Canada).

The Units, the Flow-Through Units and the Private Placement Units have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the “1933 Act”), and may not be offered, sold or delivered, directly or indirectly, within the United States, or to or for the account or benefit of U.S. persons unless the Units, the Flow-Through Units and the Private Placement Units are registered under the 1933 Act or pursuant to an applicable exemption from the registration requirements of the 1933 Act. This press release does not constitute an offer to sell, nor it is a solicitation of an offer of securities, nor shall there be any sale of securities in any state of the United States in which such offer, solicitation or sale would be unlawful.

On Behalf of the Board OF LOMIKO METALS INC.

A. Paul Gill, CEO & Director, Lomiko Metals Inc.

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

Lomiko Metals Inc.
(778) 228-1170
(604) 583-1932
[email protected]
www.lomiko.com

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