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Marijuana Company of America, Inc Announces the Launch of New Website $MCOA.us

Posted by AGORACOM-JC at 8:52 AM on Thursday, May 18th, 2017

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  • Launched its new corporate website; www.marijuanacompanyofamerica.com.
  • Provides shareholders and prospective investors with helpful information to make educated investment decisions. As the Company continues to execute its strategic plans

BONSALL, CA–(May 18, 2017) – MARIJUANA COMPANY OF AMERICA (“MCOA” or “the Company”) (OTC PINK: MCOA), an innovative cannabis and industrial hemp corporation, is pleased to announce the launch of its new corporate website; www.marijuanacompanyofamerica.com.

The new website will provide our shareholders and prospective investors with helpful information to make educated investment decisions. As the Company continues to execute its strategic plans, this new site will be the central hub for information about MCOA and the rapidly emerging cannabis and hemp industry.

Since starting the process to become fully reporting and uplisting to a higher financial exchange, the OTCQB, the Company has been engaging with institutional investors and analyzing meaningful M&A opportunities in the cannabis and industrial hemp marketplaces. This new site will be a useful tool in providing investors with updates on these developments.

MCOA recently engaged Hill and DraKoln Media (“H&D”) to develop the new website and provide marketing and brand management support. MCOA looks forward to capitalizing on H&D’s ability to communicate clearly and concisely with investors and consumers alike. They will develop a strong and lasting presence for the Company’s brands. MCOA will take full advantage of H&D’s ability to reach audiences across a variety of demographics related to our industry and expand our reach into new territory.

“We are very happy to finally be launching our new corporate website. David Hill and the Hill & DraKoln group did a wonderful job on the new site and we look forward to them launching the comprehensive branding and marketing strategy they are developing for the Company,” said Mr. Steinberg, MCOA President & CEO.

SAFE HARBOR STATEMENT
This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, we can give no assurance or guarantee that such expectations and assumptions will prove to have been correct. Forward-looking statements are generally identifiable by the use of words like “may,” “will,” “should,” “could,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” or “project” or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to: adverse economic conditions, competition, adverse federal, state and local government regulation, international governmental regulation, inadequate capital, inability to carry out research, development and commercialization plans, loss or retirement of key executives and other specific risks. To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.

For more information, please visit the Company’s websites at:
MarijuanaCompanyofAmerica.com
hempSMART.com
agoracom.com/ir/MarijuanaCompanyofAmerica

Contact:
Marijuana Company of America, Inc
Investor Relations
1+(888)-777-4362
[email protected]

Tetra Bio-Pharma Files Patent for the Treatment of Cancer and Ocular Disease $TBP.ca

Posted by AGORACOM-JC at 4:17 PM on Wednesday, May 17th, 2017

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  • Submitted a provisional patent application with the U.S. patent and trademark office for a pharmaceutical drug formulation to treat various forms of cancer and ocular disease
  • Global market for cancer drugs has hit US$100 billion in annual sales
  • Could reach US$147 billion by 2018, according to a new report by IMS Institute for Healthcare Informatics

OTTAWA, ONTARIO–(May 17, 2017) – Tetra Bio-Pharma Inc. (“Tetra” or the “Company“) (CSE:TBP)(CSE:TBP.CN)(CNSX:TBP)(OTCQB:GRPOF), today announced that Tetra has submitted a provisional patent application with the U.S. patent and trademark office for a pharmaceutical drug formulation to treat various forms of cancer and ocular disease.

The global market for cancer drugs has hit US$100 billion in annual sales, and could reach US$147 billion by 2018, according to a new report by the IMS Institute for Healthcare Informatics. According to Transparency Market Research, the global ophthalmic drug market is expected to reach US$21.6 billion by 2018 due to high incidence of eye-related disorders amongst geriatrics. The provisional patent aims to protect new pharmaceutical combinations of cannabinoids and terpenoids to inhibit a specific signaling pathway, known as Hedgehog (Hh), and their use to combat human diseases.

“Filing of this provisional patent marks the launch of an innovative and exciting project that could not only impact patients suffering from a variety of human diseases, but also further Tetra’s interests in developing and commercializing novel cannabinoid-based pharmaceutical drugs,” said Dr. Guy Chamberland, Chief Scientific Officer of Tetra. “The rationale forming the basis for this project is well founded and our research team has extensive scientific experience in the Hh field. We look forward to quickly advancing the project through key academic collaborations, with the ultimate goal of developing multiple pharmaceutical treatments.”

Background Information:

Hh signaling is a critical developmental molecular signaling pathway and inappropriate over activation of Hh is causal in several types of human tumors, including medulloblastoma, basal cell carcinoma, rhabdomyosarcoma, and multiple forms of leukemia, as well as liver, stomach, small cell lung, prostate, and breast cancers. Hh signaling also regulates the formation and remodeling of blood vessels, and aberrant blood vessel growth is implicated in several human diseases. The eye is particularly vulnerable to dysfunctional angiogenesis and neovascularization, such as in the case of diabetic retinopathy, age-related macular degeneration, neovascular glaucoma, retinal vein occlusion and retinopathy of prematurity, where inappropriate ocular blood vessel growth often leads to irreversible blindness if left untreated.

Currently, there are few clinically approved treatments for Hh-pathway-dependent cancers and drug resistance remains a major hurdle. As well, current treatment approaches to neovascular and angiogenic ocular disease are insufficiently effective and have significant adverse effects. Thus, there is a large need to develop novel therapies to treat human cancers and ocular disease related to blood vessel growth. Recently, cannabinoids have emerged as novel and potent inhibitors of the Hh signaling pathway and terpenoids have been shown to modulate the effects of cannabinoids through an undefined mechanism. Tetra looks to capitalize on these recent findings by filing a provisional patent for the use of cannabinoids in combination with terpenoids to treat Hh related cancer growth and aberrant blood vessel growth in the eye. Securing a provisional patent and achieving the freedom to operate is an important first step in the realization of this project.

About Tetra-Bio Pharma:

Tetra Bio-Pharma is a multi subsidiary publicly traded company (CSE:TBP)(OTCQB:GRPOF) engaged in the development of Bio Pharmaceuticals and Natural Health Products containing Cannabis and other medicinal plant based elements.

Tetra Bio-Pharma is focused on combining the traditional methods of medicinal cannabis use with the supporting scientific validation and safety data required for inclusion into the existing bio pharma industry by regulators physicians and insurance companies. More information is available about the company at: www.tetrabiopharma.com.

The Canadian Securities Exchange (“CSE”) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.

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.

Tetra Bio-Pharma Inc.
Edward Miller
Vice President, IR & Corporate Communications
(514) 360-8040 Ext. 203
[email protected]

FEATURE: Grizzly (GZD-TSX-V) – More than 9M oz of gold produced or as resources nearby $GZD.ca

Posted by AGORACOM-JC at 11:52 AM on Wednesday, May 17th, 2017

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WHY GRIZZLY DISCOVERIES?

  • World class gold and base metal deposits in British Columbia; and diamonds in Alberta.
  • More than 9 million oz Au produced or as resources in a radius of less than 70KM to Greenwood project
  • Holds, or has an interest in, metallic and industrial mineral permits for potash totalling more than 364,000 acres along the Alberta-Saskatchewan border
  • Four precious-base metal properties in British Columbia totalling over 235,000 acres. Grizzly also currently holds more than 231,000 acres in diamond properties, which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta
  • Portions of Grizzly’s Greenwood Project being explored by Kinross through option agreement

EXPLORATION HIGHLIGHTS

  • Drillholes with up to 31.1% K2O results from assays on recent Grizzly drill program
  • Historic Unity Potash Mine 45 km east of existing GZD lands
  • Agrium Vanscory Potash Mine 200 km east of GZD lands
  • Significant Potash in drill core or indicated by gamma logs at depths ranging from 1,060m to 1,675m
  • Temperatures at those depths range from about 50oC to 75oC. Optimal temperature for solution mining is approximately 75oC.

POTASH DEMAND AND GROWTH

  • According to industry estimates, Canada has Potash resources of 7.3 billion tonnes – roughly 52% of the world’s supply.
  • Currently 11 mines in Saskatchewan produce the majority of Canada’s 35% contribution to the world’s annual production.
  • The arable land per person in the world is declining, and weather patterns are becoming more volatile and extreme, fuelling demand for Potash which increases the yield per acre approximately 40%.

BC PRECIOUS METALS

Greenwood Gold District

Portions of Grizzly’s Greenwood Project being explored by Kinross is 100% owned by Grizzly Discoveries Inc. and includes 131 claims that form a contiguous package totaling approximately 27,346 hectares, representing approximately one third of Grizzly’s land holdings at Greenwood. Under the terms of a September 2015 agreement, KG Exploration (Canada) Inc. can earn a 75% interest on the optioned land pursuant to an Option Agreement with Grizzly on portions of its land holdings in southeastern British Columbia by incurring US$3 million in exploration expenditures over a 5 year period. By the second anniversary of the agreement, 750 metres of diamond drilling must be completed along with US$750,000 in expenditures by September 23, 2017.

 ALBERTA DIAMONDS

  • Following 12 drill holes, 3 new diamond bearing kimberlites were discovered in 2008 at the Buffalo Head Hills property.
  • Grizzly has more than 200,000 acres surrounding Diamondex & Shore Gold in the Buffalo Head Hills.
  • Two kimberlite pipes look very promising and need bulk sampling which is being planned for future dates due to Grizzly’s current potash focus.
  • Land rights are valid for 2 to 5 years based on existing development work done on properties by Grizzly.

Buffalo Head Hills Diamond Property, Alberta
A Renewed Interest in diamonds

Renewed interest in diamond exploration during 2015 and 2016 has prompted re-evaluation of Grizzly’s Buffalo Head Hills Diamond Project in north-central Alberta, which is located approximately 330 kilometres northwest of Edmonton and is easily accessed during summer and winter by a large network of roads and cutlines. Based upon an internal review of all data, the Company has staked additional permits of highly prospective lands for diamond-bearing kimberlites in the Buffalo Head Hills area. Grizzly’s total land position includes 11 permits that encompass approximately 220,000 acres.

Check Out Our Recent Fact Sheet

12 MONTH STOCK CHART

Durango Updates Map of Windfall Lake Properties $DGO.ca

Posted by AGORACOM-JC at 9:16 AM on Wednesday, May 17th, 2017

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  • New map has been created outlining the recent acquisition of properties in the Windfall Lake Gold Camp area
  • New Windfall Properties are comprised of approximately 2,700 hectares and adjoin the limit of Osisko Mining Inc.’s (TSX-OSK) property

Vancouver, BC / May 17, 2017 – Durango Resources Inc. (TSX.V-DGO) (Frankfurt-86A1) (OTC-ATOXF), (the “Company” or “Durango”) announces that further to its news release dated April 18, 2017, a new map has been created outlining the recent acquisition of properties in the Windfall Lake Gold Camp area (the “Windfall East Property” and “Windfall West Property”, and collectively the “New Windfall Properties”).

The New Windfall Properties are comprised of approximately 2,700 hectares and adjoin the limit of Osisko Mining Inc.’s (TSX-OSK) property as seen below.


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The Windfall East Property is approximately five kilometres southeast of Osisko Mining Corporation’s (TSX-OSK) Black Dog Au-Ag-Cu discovery and several kilometres south of BonTerra Resources Inc.’s (TSX.V-BTR) Gladiator Project. Limited exploration has been conducted over the Windfall East Property which totals an area of over 2,000 hectares. A power line is crossing the central portion of the east claim block, and several lakes and rivers are present, which may facilitate access for 2017 exploration work.

The Windfall West Property is an additional block of approximately 675 hectares and is located to the west of Durango’s Trove property and adjoins Beaufield Resources Inc.’s (TSX.V-BFD) western perimeter and is accessible for exploration work via a main logging road from the town of Lebel-sur-Quevillon.

Marcy Kiesman CEO of Durango stated, “Durango is in discussions with consultants and geologists and is reviewing several exploration program options which may be initiated to advance the Windfall Properties. Durango is confident in the prospective gold acquisitions in the Windfall area which are positioned for discovery and looks forward to the exploration year ahead on the Trove and the New Windfall Properties.”

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Mayner’s Fortune and Smith Island limestone properties in northwest British Columbia, the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and the NMX East lithium property near the Whabouchi mine and the Buckshot graphite property near the Miller Mine in Quebec, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario.

For further information on Durango, please refer to its SEDAR profile at www.sedar.com.

Marcy Kiesman, Chief Executive Officer

Telephone: 604.428.2900 or 604.339.2243

Facsimile: 888.266.3983

Email: [email protected]

Website: www.durangoresourcesinc.com

Forward-Looking Statements

This document may contain or refer to forward-looking information based on current expectations, including, but not limited to the exploration of the Trove and the New Windfall Properties, the entering into of any transaction and/or financing with any third parties and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.

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.

Namaste Signs Agreement With Peeks Social to Promote and Sell Vaporizers in Peeks Platform $N.ca

Posted by AGORACOM-JC at 9:12 AM on Wednesday, May 17th, 2017

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  • Signed a marketing agreement with Peeks Social Ltd. (“Peeks”) (TSX VENTURE:PEEK)(OTCQB:KEEKF)
  • To promote Namaste’s product offering as a preferred vendor on its iOS and Android Apps
  • Namaste and Peeks will work with strong social influencers actively involved in the network and supportive of the medical cannabis industry to promote certain brands of products selected by Namaste

VANCOUVER, BRITISH COLUMBIA–(May 17, 2017) –

Namaste Technologies Inc. (“Namaste” or the “Company“) (CSE:N)(CSE:N.CN)(CNSX:N)(FRANKFURT:M5BQ)(OTCQB:NXTTF) is pleased to announce that it has signed a marketing agreement (the “Agreement“) with Peeks Social Ltd. (“Peeks“) (TSX VENTURE:PEEK)(OTCQB:KEEKF) in order to promote Namaste’s product offering as a preferred vendor on its iOS and Android Apps. Namaste and Peeks will work with strong social influencers actively involved in the network and supportive of the medical cannabis industry to promote certain brands of products selected by Namaste. Namaste products will be promoted through these influencers and available for sale on Peeks’ platform. Peeks is a high growth social media platform that appeals to Namaste’s target demographic of consumers.

Agreement Terms

  • Peeks will provide a marketing & sales program through multiple social influencers on Peeks
  • Peeks will include Namaste within featured categories on Peeks
  • Namaste will provide samples to high traffic social influencers in the Peeks platform
  • Namaste will participate in Peeks Offer Box Program
  • Namaste will set up and operate its own Peeks channels
  • Namaste will share the Peeks platform through Namaste’s social media channels
  • Namaste will add the Peeks logo to its website (with call-to-action)
  • Namaste will set up intro videos on the main Namaste Peeks channels

About Peeks

Peeks is a publicly traded company listed on the TSX Venture Exchange under the symbol “PEEK” and on the OTCQB under the symbol “KEEKF”. Its principal activity is the development of social media and social commerce products and services for use by consumers and businesses, with a focus on mobile (iOS and Android) products. The Peeks head office is located at 184 Front Street East, Suite 701, Toronto, Canada, M5A 4N3.

Management Commentary

Sean Dollinger, President and CEO of Namaste comments: “We are very happy to have signed this agreement with Peeks Social. We have seen an overwhelming response from strong social influencers in the platform that are wanting to get involved with promoting Namaste products. We are working closely with the Peeks management and operations team to build out the Namaste channel and scheduling for promotional videos in the platform.”

About Namaste Technologies Inc.

Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has 26 ecommerce retail stores in 20 countries, offers the largest range of brand name vaporizers products on the market and is actively manufacturing and launching multiple unique proprietary products for retail and wholesale distribution. The Company is currently focused on expanding its product offering, acquisitions and strategic partnerships, and entering new markets globally.

On behalf of the Board of Directors,

Sean Dollinger, Chief Executive Officer

Further information on the Company and its products can be accessed through the links below:

www.namastetechnologies.com

www.namastevaporizers.com

www.namastevaporizers.co.uk

www.vaporseller.com

www.everyonedoesit.com

www.everyonedoesit.co.uk

FORWARD LOOKING INFORMATION This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, Namaste assumes no responsibility to update or revise forward looking information to reflect new events or circumstances unless required by law. 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 press 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 press 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 nor approved the contents of this press release.

Namaste Technologies Inc.
Sean Dollinger
Chief Executive Officer
+1 (786) 389 9771
[email protected]

New Age Metals Delineates 3rd Lithium Project To Drill Stage On Its Lithman West Project In Southeast Manitoba $NAM.ca

Posted by AGORACOM-JC at 9:54 AM on Tuesday, May 16th, 2017

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  • Project situated in the Winnipeg River-Cat Lake Pegmatite Field, west of the world-class Tanco Pegmatite
  • Numerous Lithium-bearing minerals known to exist in the region
  • Compilation work of historic assessment work reveals numerous untested rock and soil geochemical anomalies on the Lithman West Project
  • New Age Metals is looking for JV partners for its Lithium division.

 

Vancouver, Canada / May 16, 2017 – New Age Metals (“NAM”, the “Company”) (TSX.V: NAM; Frankfurt: P7J.F; OTCQX: PAWEF) is pleased to provide an exploration update on the Lithman West Project in Southeast Manitoba. The project is held under NAM’s 100% owned subsidiary, Lithium Canada Development Inc.

While compiling the historic geological data for the project areas, several untested geochemical targets were identified. None of the historic work has been verified with a NI-43-101, and therefore is considered non-compliant. The mineral claims were previously held by the Tantalum Mining Corporation of Canada (Tanco), which carried out rock and soil geochemistry in 1977 and between 1999 and 2007. Soil and rock samples were collected at 25 metre intervals on grid-lines 100 metres apart. Most of the historic work focused on the northern portion of the Lithman West Project area, with soil geochemistry completed over most of the project area. Soil samples were analyzed using the Enzyme Leach technique at Activation Laboratory. The lithogeochemistry targets are identified based on enrichment of Lithium, Rubidium and Cesium in host rocks. When pegmatites are emplaced, metasomatic fluids enrich the host country rocks in Lithium, Rubidium and Cesium. The metasomatic enrichment of the host rocks in the case of Lithium can occur up to 100 metres away from the pegmatites, whereas Rubidium and Cesium have smaller metasomatic aureoles. Using the three elements (Li+Rb+Cs) in conjunction and statistically determining background based on rock type, the identification of anomalous and highly anomalous rock types can be used to generate the lithogeochemical targets. This was Tanco’s procedure with regards to lithogeochemistry and all their historical exploration data are available in assessment files at the Manitoba Mines Branch.

All lithogeochemical anomalies (see Figure 1) appear to be oriented East-West, which is the general orientation of other lithium-bearing pegmatites in the Winnipeg River-Cat Lake

Pegmatite Field. Six Li+Rb+Cs lithogeochemical anomalies are recognized from compilation of historical assessment files on the Lithman West Project. Lithogeochemistry has only been carried out on the northern portion of the project area by previous explorers. Four of the lithogeochemical anomaly targets have been defined to be approximately 150 metres to 200 metres long and 25 metres to 50 metres wide. These targets appear not to have been drill tested. The two largest of the lithogeochemical anomalies is the Krista’s Pond Anomaly and Bernes Bay Anomaly (Figure 2). The Krista’s Pond Anomaly is tear-drop shaped and approximately 1200 metres long and 150 metres maximum width. This anomaly has not been drill tested, even though it appears to be a moderate to strong lithogeochemical target. The Bernes Bay anomaly on the project area is approximately 1000 metres long by 1500 metres wide. Previous work indicates that this anomaly extends eastward to the westernmost bay of Bernic Lake. This anomaly was considered to be a high priority target in 1977 and was tested with three shallow drill holes.


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Figure 1: Historic Rock (Li+Rb+Cs) Geochemical Anomalies – Lithman West Project

Seven soil Enzyme Leach anomalies have been defined from compilation of past Tanco exploration work (Figure 2). These anomalies are varying shapes and sizes. Areas where the soil and rock geochemistry overlap or nearly overlap are considered to be the highest priorities for follow-up drilling.


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Figure 2: Historic Soil (Enzyme Leach) Geochemical Anomalies – Lithman West Project

It is recommended that a diamond drill program be carried out in order to drill test the soil and rock geochemical anomalies (Figures 1 and 2). These are drill ready targets based on the historic geological exploration. In addition, it is recommended that follow-up geological work be carried out over the anomalies and that rock lithogeochemistry be completed on the southern portion of the project area.

The Company has five Lithium Pegmatite projects in the Winnipeg River-Cat Lake Pegmatite Field of Southeast Manitoba. This pegmatite field (Figure 3) is host to the world-class Tanco Pegmatite, a highly fractionated Lithium-Cesium-Tantalum (LCT)-type pegmatite, which has been mined at the Tanco Mine for Lithium-bearing minerals (Spodumene), Tantalum, Beryllium, Rubidium and Cesium since 1969. There are no current NI43-101 compliant reports, but academic reports suggest that the Tanco Pegmatite prior to the start of mining was approximately 1520 metres long, 1060 metres wide, and up to ~100 metres thick with a volume of ~21,850,000 m3 and a mass of ~57,430,000 tonnes.Numerous other lithium-bearing pegmatites exist within the pegmatite field.

 


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Figure 3: Approximate Outline of the Winnipeg River-Cat Lake Pegmatite Field

(Lithium Canada claim locations in green and the Tanco Mine Leases in red)

The Company has two other drill ready targets for lithium-bearing pegmatites in the Pegmatite Field (News Release Feb 22nd, 2017). To date, the Company has approximately 6,318 hectares (15,612 acres) of mineral claims, with Lithium Mineral Potential in the Winnipeg River-Cat Lake Pegmatite Field of southeast Manitoba. NAM is the largest mineral claim holder in the Pegmatite Field. As part of Company’s Prospector Generator Model, negotiations are currently ongoing with interested 3rd parties for possible Option/Joint Ventures and other Exploration Initiatives.

ABOUT NAM’S PGM DIVISION

NAM’s flagship project is its 100% owned River Valley PGM Project (PFN Website – River Valley Project) in the Sudbury Mining District of northwest Ontario (60 kilometres due east of Sudbury, Ontario). Presently the River Valley Project has Measured + Indicated Resources of 91 million tonnes @ 0.58 g/t* Palladium, 0.22 g/t Platinum, 0.04 g/t Gold at a cut-off grade of 0.8 g/t for a PdEq of 2,463,000 ounces PGM plus Gold. River Valley PGM-Copper-Nickel sulphide mineralized zones remain open to expansion and is undergoing continued exploration.

QUALIFIED PERSON

The contents contained herein that relates to Exploration Results or Mineral Resources is based on information compiled, reviewed or prepared by Dr. Bill Stone, Principal Consulting Geoscientist for New Age Metals Inc. Dr. Stone is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content.

On behalf of the Board of Directors

“Harry Barr”

Harry G. Barr

Chairman and CEO

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.

Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.

PyroGenesis Provides 2nd Progress Report to HPQ Silicon Resources; 62% Increase in Impurity Removal; 531% Yield Increase $PYR.ca

Posted by AGORACOM-JC at 8:48 AM on Tuesday, May 16th, 2017

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  • Submitted  “Update on the PUREVAPâ„¢ progress report to HPQ Silicon Resources Inc.
  • 62% Increase in Impurity Removal
  • 531% Yield Increase

MONTREAL, QUEBEC–(May 16, 2017) – PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX VENTURE:PYR)(OTCQB:PYRNF), a high-tech company (the “Company” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma waste-to-energy systems and plasma torch products, is pleased to announce today that, further to its press release dated January 26, 2017, it has submitted a progress report to HPQ Silicon Resources Inc. (“HPQ”) entitled “Update on the PUREVAPâ„¢ Process Characterization Testing #2“, which covers the period since the last technical report. The salient points of the report are significant in that they validate the systematic and methodical approach to the lab scale test purification work, and the scaling up of the process to convert quartz into high purity silicon metal.

The report confirms that recent, and ongoing, modifications to the PUREVAPâ„¢ process have resulted in: (i) a 62% improvement in the impurity removal capacity of the system using low purity quartz as feedstock and (ii) a 531% increase in yield of the silicon (Si) produced.

“We are pleased with the progress to date,” said Pierre Carabin, Chief Technology Officer of PyroGenesis. “We have now reached a stage where we can start testing using high purity feedstock which will allow us to validate the impurity removal capacity of the lab scale reactor and ultimately, to further improve the product purity.”

Having successfully secured access to high purity quartz (99.5% SiO2), the next phase will apply high efficiency impurity removal techniques to this higher purity feedstock. The objective of using a higher purity feedstock is to test the ability to reach the 5N (99.999%) benchmark at lab scale, and furthermore, to provide additional data which will help PyroGenesis with the final design of the pilot plant reactor. These tests will commence as soon as the latest process improvements are completed.

“These results demonstrate that the PUREVAPâ„¢ QRR quartz purification process can continue to be successfully improved while using low purity feedstock at the bench scale. This represents yet more important technical milestones being reached in our path toward production of Solar Grade Silicon Metal. At this stage of our development, we continue to pass critical milestones consistently and must continue our ‘iterative’ approach of incrementally increasing size, and purity step by step”, said Bernard Tourillon, Chairman and CEO of HPQ. “Building on our scaling up success to date, the coming months should allow us to continue to make improvements to our scaling up program, while simultaneously testing for the best and greenest pathway to produce 5N (99.999% Si) Solar Grade Silicon Metal at lab scale, prior to start-up of the Pilot plant scheduled for 2018.”

About PyroGenesis Canada Inc.

PyroGenesis Canada Inc. is the world leader in the design, development, manufacture and commercialization of advanced plasma processes. PyroGenesis provides engineering and manufacturing expertise, cutting-edge contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (3D printing), oil & gas, and environmental industries. With a team of experienced engineers, scientists and technicians working out of our Montreal office and our 3,800 m2 manufacturing facility, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. Its core competencies allow PyroGenesis to lead the way in providing innovative plasma torches, plasma waste processes, high-temperature metallurgical processes, and engineering services to the global marketplace. Its operations are ISO 9001:2008 certified, and have been ISO certified since 1997. PyroGenesis is a publicly-traded Canadian company on the TSX Venture Exchange (Ticker Symbol: PYR) and on the OTCQB Marketplace (Ticker Symbol: PYRNF). For more information, please visit www.pyrogenesis.com

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 ongoing filings with the securities regulatory authorities, which filings can be found at www.sedar.com, or at www.otcmarkets.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, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the OTC Markets Group Inc. accepts responsibility for the adequacy or accuracy of this press release.

SOURCE PyroGenesis Canada Inc.

PyroGenesis Canada Inc.
Rodayna Kafal
VP, Investor Relations and Communications
(514) 937-0002
[email protected]
[email protected]

New Scaling Up Milestones; 62% Increase in Impurity Removal Using Low Purity Feedstock; 531% Conversion Yield Increase $HPQ.ca

Posted by AGORACOM-JC at 8:07 AM on Tuesday, May 16th, 2017

Hpq large

  • New Scaling Up Milestones
  • 62% Increase in Impurity Removal Using Low Purity Feedstock
  • 531% Conversion Yield Increase

HPQ Silicon Resources Inc (“HPQ”) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to inform its shareholders that PyroGenesis Canada Inc (“PyroGenesis”) has submitted a new stage report entitled “Update on The PUREVAPtm Process Characterization Testing #2” pertaining to tests completed since our last technical PR (26/01/17). The objectives of test #37 to #74 was increasing Si yield at lab scale by continuously improving process parameter and implementing alternative purification routes while still using low purity feed stock. The salient points of the report are significant in that they validate our systematic and methodical approach to our bench scale test purification work and scaling up our process of converting quartz into high purity silicon metal.

PROCESS IMPROVEMENT SHOWING SIGNIFICANT POTENTIAL TOWARD REACHING HIGHER PURITY

The report confirms that ongoing modifications to the PUREVAP™ QRR process have resulted in a 62% improvement in the impurity removal capacity of the system. This outcome is based on third party laboratory results1, comparing the total average impurities count of 856.6 ppm (99.91%) for the Si produced by test #24 completed prior the modification with the total impurity count result of 328.98 ppm (99.97%) for the Si produced by test #51 completed after, using the same low purity quartz feedstock with total impurity count of 18,900 ppm (98.14 SiO2).

Bernard Tourillon, Chairman and CEO of HPQ-Silicon stated, “These results demonstrate that the PUREVAPtm QRR quartz purification process can continue to be successfully improved while using low purity feedstock at the bench scale. This represents yet more important technical milestones being reached in our path toward production of Solar Grade Silicon Metal. At this stage of our development, we continue to pass critical milestones consistently and must continue our ‘iterative’ approach of incrementally increasing size, and purity step by step”.

Table 1: Removal efficiency of main impurities from Si Sample

Removal efficiency
Element Test#24 Test#51
Al 72.0% 93.9%
Ca 95.5% 98.8%
Fe 98.1% 99.3%
Mg 97.0% 99.9%
Mn 98.5% 99.5%
Na 99.6% 100.0%
K 96.4% 100.0%
Ti -15.0% 79.8%
P 44.7% 53.1%
S 99.9% 100.0%
W 55.6% 100.0%
B 34.0% 44.3%
Average 73.0% 89.1%
1 Analyses completed by Evans Analytical Group, (“EAG” of Liverpool, NY, USA) – using Glow Discharge Mass Spectrometry (“GDMS”)

Results for key impurities from test 51 indicate that the process modification implement are now allowing removal efficiencies of 100% for Na, K, S and W, > 99% for Fe, Mg and Mn, 98.8% for Ca, 93.9% for Al, 79.8 % for Ti (one of the most difficult impurity to remove), 53.1% for P and 44.3% for B.

Final results regarding process improvement using lower quality feedstock in test #54 to #74 will be reported once analysed by third party laboratory. PyroGenesis will submit a technical proposal to HPQ shortly, highlighting the best way to proceed with the final batch, based upon process and test results to date.

TESTING USING FEEDSTOCK WITH 99.5% SiO2 (500 PPM OF IMPURITIES) BECOMES KEY FOCUS

Once the results from samples #54 to #74 are completed, the effort will focus on applying purification techniques to higher purity quartz feedstock. Presently the industry produces standard grade Si (MG-Si 98-99% Si) using as feedstock a quartz with no more then 500 ppm of impurities (99.5% SiO2) and a maximum iron oxide (Fe) content of 0.1-0.15 wt%.

With the exception of the proof of concept phase, all of the tests to date that produced 99.9+% Si were completed using quartz feed stock with a total impurity count of 18,900 ppm (98.14 SiO2) and iron oxide (Fe) content of 0.9 wt%, or 9 times greater than the industry standard for Fe.

Having successfully secured access to high purity Quartz (99.5% SiO2) from both HPQ – owned quartz deposits and from outside suppliers, the next phase will apply the high efficiency impurities removal techniques to the higher purity feedstock. The objective of using the higher purity feedstock is to test the ability to reach the 5N threshold at the bench scale, and provide more data necessary for the final design of the pilot plant. These tests will commence as soon as the latest process improvements announced in our May 4, 2017 PR, are completed on the lab scale PUREVAPâ„¢ QRR.

“We are pleased with the progress to date,” said Pierre Carabin, Chief Technology Officer of PyroGenesis. “We have now reached a stage where we can start testing using high purity feedstock which will allow us to validate the impurity removal capacity of the lab scale reactor and ultimately, to further improve the product purity.”

TESTING CONTINUES TO CONFIRMS BENCH TEST SCALABILITY OF PUREVAPâ„¢ QRR PROCESS

The report confirms that process modifications done to the PUREVAPâ„¢ QRR are responsible for a 531% increase in yield of the Si produced. This is based on the fact that the process modifications has made it possible to produce the same quantity of material as produced by test #32 (PR January 26, 2017) using smaller batch size (55 wt% less) without sacrificing the purity of the final product.

Bernard J. Tourillon, Chairman and CEO of HPQ Silicon stated, “Building on our scaling up success to date, the coming months should allow us to continue to make improvements to our scaling up program, while simultaneously testing for the best and greenest pathway to produce 5N (99.999% Si) Solar Grade Silicon Metal at lab scale, prior to start-up of the Pilot plant scheduled for 2018.”

Pierre Carabin, Eng., M. Eng., has reviewed and approved the technical content of this press release.

About HPQ Silicon

HPQ Silicon Resources Inc is a TSX-V listed junior exploration company planning to become a vertically integrated and diversified High Value Silicon Metal (99.9+% Si), and Solar Grade Silicon Metal (99.999+% Si) producer.

Our business model is focused on developing a disruptive High Purity and Solar Grade Silicon Metal manufacturing process (patent pending) and becoming a vertically – integrated High Value Silicon Metal and Solar Grade Silicon producer that can generate high yield returns and significant free cash flow within a relatively short time line.

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.

To view the image accompanying this press release, please visit the following link: http://www.marketwire.com/library/20170515-test32and51_800.jpg

To view the results from Test # 24, please visit this link: http://media3.marketwire.com/docs/Test_24.pdf

To view the results from Test # 51, please visit this link: http://media3.marketwire.com/docs/Test_51.pdf

Shares outstanding: 168,987,616

Bernard J. Tourillon
Chairman and CEO
(514) 907-1011

Patrick Levasseur
President and COO
(514) 262-9239
www.HPQSilicon.com

Explor to Begin a 3,000m Diamond Drill Program on the Timmins Porcupine West Property $EXS.ca

Posted by AGORACOM-JC at 8:26 AM on Monday, May 15th, 2017

Exs logo

  • To begin  3,000 meter drilling program on the Timmins Porcupine West Property
  • Past completed diamond drilling programs have successfully confirmed the model and the gold bearing mineralized structure for more than 2000 meters of strike length at a vertical depth from 600 to 900 meters
  • Currently open on strike and at depth

ROUYN-NORANDA, QUEBEC–(May 15, 2017) – Explor Resources Inc. (“Explor” or the “Corporation“) (TSX VENTURE:EXS)(OTCQB:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) is pleased to announce the beginning of a 3,000 meter drilling program on the Timmins Porcupine West Property.

The past completed diamond drilling programs have successfully confirmed the model and the gold bearing mineralized structure for more than 2000 meters of strike length at a vertical depth from 600 to 900 meters. It is currently open on strike and at depth. The first five phases of drilling (106,000 meters) were concentrated on the “5” Zones of gold mineralization located within south limb of the geo-syncline.

This phase of diamond drilling will be designed to test and to expand the resource by drilling into the high grade gold mineralization in shear zone 4 and shear zone 5 on the south limb of the eastern portion of the orebody. The results from this new phase of drilling will be integrated into the model and the drill hole locations will be determined to maximize the geological information that will be imputed into the 3-D Gemcom model. The “5” Zones identified through modelling strikes east northeast and dips to the north at 70 to 80 degrees. The drilling has confirmed the association of gold mineralization with Quartz feldspar (QFP) and syenite porphyry, similar to that found at the Tahoe Resources Inc. West Timmins Properties. The 3-D geological model may be viewed on our website: www.explorresources.com.

Chris Dupont, President and Chief Executive Officer of Explor Resources Inc. commented: “With this phase of diamond drilling, we expect to continue to report excellent drill results. We expect the continuity of the mineralization from hole to hole as well as the grade encountered to date to continue as we expand the known resource.” 

The Timmins Porcupine West Gold Property consists of 185 unpatented mining units and 3 patented claims located in the Bristol and Ogden Townships in the Timmins-Porcupine Mining Camp for a total 3,200 hectares. The highway 101 bisects the property and provides access from the city of Timmins located 13 km to the east. The property has been explored since 1927 by numerous ground geophysical surveys and diamond drilling of up to 111 holes. In 1984, Dome Exploration discovered and delineated a gold mineralized zone that was approximately 350 meters long and 45 meters wide and open below 350 meters of vertical depth. Explor also announces that Teck Resources Limited has decided to return the Property to Explor.

The Timmins Porcupine West Project has a structural target model developed by Explor based on the “Hollinger-McIntyre-Coniaurum System”. The Hollinger-McIntyre-Coniaurum (HMC) System has produced a total of over 30 million oz of gold and is spatially associated with the Pearl Lake Porphyry.

Chris Dupont, P.Eng is the qualified person responsible for the information contained in this release.

Explor Resources Inc. is a publicly listed company trading on the TSX Venture (EXS), on the OTCQB (EXSFF) and on the Frankfurt and Berlin Stock Exchanges (E1H1).

This Press Release was prepared by Explor. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the Policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

About Explor Resources Inc.

Explor Resources Inc. is a Canadian-based natural resources company with mineral holdings in Ontario, Québec, Saskatchewan and New Brunswick. Explor is currently focused on exploration in the Abitibi Greenstone Belt. The belt is found in both provinces of Ontario and Québec with approximately 33% in Ontario and 67% in Québec. The Belt has produced in excess of 180,000,000 ounces of gold and 450,000,000 tonnes of cu-zn ore over the last 100 years. The Corporation was continued under the laws of Alberta in 1986 and has had its main office in Québec since 2006.

Explor Resources Flagship project is the Timmins Porcupine West (TPW) Project located in the Porcupine mining camp, in the Province of Ontario. The TPW mineral resource (Press Release dated August 27, 2013) includes the following:

Open Pit Mineral Resources at a 0.30 g/t Au cut-off grade are as follows:
Indicated: 213,000 oz (4,283,000 tonnes at 1.55 g/t Au)
Inferred: 77,000 oz (1,140,000 tonnes at 2.09 g/t Au)
Underground Mineral Resources at a 1.70 g/t Au cut-off grade are as follows:
Indicated: 396,000 oz (4,420,000 tonnes at 2.79 g/t Au)
Inferred: 393,000 oz (5,185,000 tonnes at 2.36 g/t Au)

This document may contain forward-looking statements relating to Explor’s operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Explor’s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filling. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Explor disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

Christian Dupont, President
888-997-4630 or 819-797-4630
819-797-1870
[email protected]
www.explorresources.com

BetterU Education Corp. Announces Private Placement $BTRU.ca

Posted by AGORACOM-JC at 5:03 PM on Friday, May 12th, 2017

  • Announce a non-brokered private placement to raise a minimum of $3,000,000 and maximum of $5,000,000
  • Financing will consist of a minimum of 5,454,600 Units at $0.55 per unit. Each unit consists of a Common share and a 1/2 warrant
  • Each full warrant can be exercised for one year at a price of $0.80

OTTAWA, ONTARIO–(May 12, 2017) – BetterU Education Corp. (TSX VENTURE:BTRU)(FRANKFURT:5OGA) (the “Company” or “betterU”) is pleased to announce a non-brokered private placement to raise a minimum of $3,000,000 and maximum of $5,000,000. The financing will consist of a minimum of 5,454,600 Units at $0.55 per unit. Each unit consists of a Common share and a 1/2 warrant (“Unit”). Each full warrant can be exercised for one year at a price of $0.80.

A finder’s fee of 7.5% in cash and/or 7.5% in warrants may be paid on a portion of the private placement.

The proceeds will be used for working capital purposes including, but not limited to, the expansion of betterU’s contact center and support resources, increase in technology development and support teams, the expansion of betterU’s office infrastructure and technologies as well as the increase in the management team in order to support the ramping up of betterU’s growth opportunities in India.

This financing and all securities proposed to be issued thereunder are subject to the acceptance of the TSX Venture Exchange. All securities issued under the private placement are subject to a four month and one day hold period from date of issuance.

“Industry leaders are focused on bringing together global partners that can help support and service the IT-ITes industry, including the individual training learning needs of the mass market. While betterU has all the right ingredients to support these leaders, it requires support in its infrastructure, team and technologies to meet the growing needs of the country,” says Bradley Loiselle, President and CEO of betterU.

About betterU

betterU, an online education technology company, aims to provide access to quality education from around the world in order to foster growth and opportunity to those who want to better their lives. The Company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated ecosystem. betterU’s offerings can be categorized into four broad functions: to compliment school programs with flexible KG-12 programs preparing children for their next stage of education, to foster an exceptional educational environment by providing befitting skills that lead to a better career, to bridge the gap between one’s existing education and prospective job requirement by training them and lastly, to connect the end user to various job opportunities.

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.

betterU cautions you that statements included in this press release that are not a description of historical facts may be forward-looking statements. Forward-looking statements are only predictions based upon current expectations and involve known and unknown risks and uncertainties. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of release of the relevant information, unless explicitly stated otherwise. Actual results, performance or achievement could differ materially from those expressed in, or implied by, betterU’s forward-looking statements due to the risks and uncertainties inherent in betterU’s business including, without limitation, statements about: the progress and timing of its clinical trials; difficulties or delays in development, testing, obtaining regulatory approval, producing and marketing its products; unexpected adverse side effects or inadequate therapeutic efficacy of its products that could delay or prevent product development or commercialization; the scope and validity of patent protection for its products; competition from other pharmaceutical or biotechnology companies; and its ability to obtain additional financing to support its operations. betterU does not assume any obligation to update any forward-looking statements except as required by law.

For further information, please visit:
http://www.betteru.ca/investor-overview/

Investor contact: Bruce Chick, MBA
VP Corporate & Investor Relations: 1-613-695-4100 Ext. 233
Email: [email protected]