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TRADE DATA!!! $MCOA.us +278% in Just 6 Trading Days

Posted by AGORACOM-JC at 4:53 PM on Thursday, November 3rd, 2016

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MCOA: OTC

Marijuana Could Be The Big Winner On November 8th

  • Pot on the ballot in nine states, the big winner in next Tuesday’s election could be America’s legal cannabis industry.
  • By 2020, legal market sales are expected to surpass $22 billion.
  • For states struggling with budget shortfalls, that extra revenue would be clearly welcome.

MCOA Hub on AGORACOM / Corporate Profile / Watch Video

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Marijuana Could Be The Big Winner On November 8th $MCOA.us

Posted by AGORACOM-JC at 12:33 PM on Thursday, November 3rd, 2016

  • Pot on the ballot in nine states, the big winner in next Tuesday’s election could be America’s legal cannabis industry.
  • By 2020, legal market sales are expected to surpass $22 billion.
  • For states struggling with budget shortfalls, that extra revenue would be clearly welcome.

MCOA Hub on AGORACOM / Corporate Profile / Watch Video

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Posted in All Recent Posts, Marijuana Company of America, Medical Marijuana Stocks | Comments Off on Marijuana Could Be The Big Winner On November 8th $MCOA.us

Pacific North West Capital Corp. adds Additional Claims River Valley PGM Project, near Sudbury, Ontario $PFN.ca

Posted by AGORACOM-JC at 9:10 AM on Thursday, November 3rd, 2016

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  • PFN Adds a 2nd Round of Staked Claims, at their River Valley Project
  • These Newly Acquired Claims Expand Coverage of Internal and Footwall Targets
  • PFN’s Total Landholding at River Valley Now Increased to 104.5 km2 or 10,454 ha
  • PFN’s River Valley Project consists of a Primary Platinum Metal Deposit of 2.5 Moz Platinum Metals, in Near-Surface Measured and Indicated Resources
  • The Project is within 100 road-kms of Sudbury and its Excellent Infrastructure and Support
  • Fall Drill Program Underway
  • New 100%-owned Li Division, with 5 Hard Rock Pegmatite Projects, in Manitoba and Lithium Brine Projects, in Nevada – Fall Surface Programs Underway

Vancouver, British Columbia / November 3, 2016 – Pacific North West Capital Corp. (“PFN” the “Company”) (TSXV: PFN; OTCQB: PAWEF; FSE: P7J) is pleased to announce staking of 14 New, Unpatented Mining Claims, adjacent to its River Valley PGM Project (RVP) and north of its Recently Expanded River Valley Extension Project (Figure 1). The River Valley Platinum Metal Group (PGM) Deposit, on RVP, has been targeted by many drill campaigns, since 2000, which have returned High Grade Assays, at Shallow Depths and led to several large mineral resource estimates and positive metallurgical studies (for details see PFN websitewww.PFNCapital.com). Collectively, the Newly Expanded RVP, plus the Recently Acquired and Expanded River Valley Extension Project (see:Press Release October 5th, 2016) now comprise a total landholding of 10,454 ha. This large landholding gives PFN a Strategic Land Position and district scale PGM potential, near Sudbury, home to one of the World’s Largest Nickel-Copper-PGM Mining and Metallurgical Complexes.

The Expanded RVP overlies more of the interior of the River Valley Intrusion, in addition to the basal contact area. PGM Exploration has focused on the basal contact, hosted main mineralized trend and a very large, near-surface mineral resource has been delineated. However, the internal portion of the River Valley Intrusion, has not been systematically explored, despite the presence of high-grade PGM grab samples, mineralization in sporadic drilling, and geophysical anomalies. Approximately $10M in assessment credits can be applied to the claims, within the RVP property, allowing PFN to Focus Exploration on the Highest Priority Targets. Exploration is Underway and a Drill Program began in early October; results will be released in the Coming Weeks and Months.


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Figure 1: Geological map showing the location of PFN’s newly expanded River Valley and River Valley Extension Projects, within 100 road-kms of Sudbury (Ontario). Note that the River Valley PGM deposit extends for a strike length of 16 km, is up to 200 metres wide and is open at depth.

About PFN’s Platinum Group Metals Division

River Valley is Canada’s Largest Undeveloped Primary PGM Deposit.

Achievements to date and Future Plans, for River Valley, are outlined below as follows:

  1. 1.PFN currently has 100% ownership in the River Valley Project, subject to a 3% NSR, with Options to Buy Down
  2. 2.Completed Exploration and Development Programs, on the River Valley Property:

Include more than 600 holes drilled, since year 2000, and several Mineral Resource Estimates and Metallurgical Studies

  1. 3.Results for the current (2012) Mineral Resource Estimate are below
  2. 4.2015 Drill Program confirms New High Grade T2 Discovery
  3. 5.Exploration and Development Plans outlined for 2016
  4. 6.Ongoing Strategic Partner Search for River Valley Project
  5. 7.Results for the current Mineral Resource Estimate are summarized below:

– Prepared by Tetra Tech (Wardrop)

– High Confidence: Measured plus Indicated = 72% of total

– Reported on PdEq basis: Pd=40% & Pt=20% of the Payable Metals

– Pd to Pt ratio = 2.5:1; Cu to Ni ratio = 3:1

– High Grade Potential: particularly in the north part of the River Valley Deposit

Resources under Evaluation for Development Potential as Open Pit Mining Operation


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  1. 8.Results for the 2015 Discovery Drill Program on the T2 Target are as follows:

-Drill hole intercepts much higher than the average grade, of current Mineral Resource Estimate

-Possible New Mineralized Zone at the north end of the River Valley Deposit

-Show potential to take the River Valley PGM Project in a New Direction

-More drilling required and field crews have completed ground-proofing targets, to better plan Fall and Winter Drill Programs

  1. 9. Exploration and Development Plans for 2016:

-Mineral Prospecting and Geological Mapping on surface: In Progress

-Drill Programs targeted to add more, higher grade: Drilling Started October 2016

-Geological Interpretation and 2D/3D Modelling of all Drill and Surface Results

-Ongoing Strategic Partner Search for River Valley


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About PFN’s Lithium Division

The Company’s Lithium Division will focus on the Discovery, Acquisition, Exploration and Development of Lithium Projects in Canada. In the United States, the Company will use its wholly owned U.S.A subsidiary to Acquire and Develop Projects, in Active Mining Camps, in Nevada, Arizona and California.

Management believes that these New Age Metals, Lithium, PGMs and Rare Earths, have robust macro trends with surging demands and limited supply. Going forward, this New Division will Explore for the Minerals needed to fuel the demand for Energy Storage and other Core 21st Century Technologies.

The Company has a Growing Portfolio of Lithium Projects: The Clayton Valley Forks Li Project, in Nevada, is a recent Lithium Brine Project, Acquired by the Company (see PFN News Releases: April 25th, 2016 and May 9th, 2016). The Company also has several Hard Rock Lithium Projects in Canada: To date the Company has Acquired 5 Hard Rock Lithium Projects, in the Winnipeg River Pegmatite Field, in SE Manitoba(see PFN News Releases: April 21st, 2016;May24th, 2016; June 15th, 2016; July 5th, 2016 and July 21st, 2016). This Pegmatite Field hosts the Giant Tanco Pegmatite Mine that has been mined for Tantalum, Cesium and Spodumene (one of the Primary Lithium Ore Minerals) in varying capacities, since 1969. Today, the Tanco Mine is focused on the Mining and Production of Cesium Formate, a drilling fluid for the petroleum industry. PFN’s Li Projects are strategically situated to Further Explore this Pegmatite Field.Presently, the Company is the Largest Claim Holder in the Winnipeg River Pegmatite Field.

Lithium and Platinum Group Metal Prices have improved drastically, in recent months. Lithium supplies remain in deficit, relative to their demand. Both Metals Groups are used for the expanding worldwide automobile industry (conventional and electric). In the case of PGM’s, demand is increasing for Autocatalysts, a key component for reducing toxic emissions, for automotive, gasoline and diesel engines. Regarding Lithium, there is an ever increasing demand for batteries in cellphones, laptops, electric cars, solar storage, wireless charging and renewable energy products.


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Figure 3: PFN’s 5 New Lithium Projects in Manitoba, Surrounding Tanco Mine

Figure 4: Company Claim Blocks in the Clayton Valley area of Nevada

(Figure 4 is a Company-made composite and not intended for redistribution.

The Company accepts no responsibility for the accuracy of these claim blocks, other than the claim block associated with the Clayton Valley Forks Li Project)

Clayton Valley is located in Esmeralda County, Nevada, host to the Albemarle Corporation’s Silver Peak Lithium Mine and Brine Processing Operations. The mine has been in operation since 1967 and remains the only Brine-Based Lithium Producer in North America. The New Project Acquisition, in Nevada, provides the Company a Project, in an area that is well known for its Lithium Carbonate Production. Clayton Valley is a Centralized Location in Nevada, with Highway Access, Power Infrastructure, Water and Local Labor.

The company’s new Lithium Brine Project will be approximately 3.5 hours away from Tesla’s Gigafactory, which has a planned annual Lithium-ion battery production capacity of 35 gigawatt-hours per year, by 2020. The CV West Li Project is located approximately 3 hours north of the Faraday Electric Car Factory, to be operated in Las Vegas, Nevada.

Clayton Valley is one of the few locations globally, known to contain Commercial-Grade Lithium-Enriched Brines.

QUALIFIED PERSON

The contents contained herein, which relate to Exploration Results or Mineral Resources, is based on information compiled, reviewed or prepared by Dr. Bill Stone, Principal Consulting Geoscientist, for Pacific North West Capital. Dr. Stone is a 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.

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Posted in Pacific North West Capital | Comments Off on Pacific North West Capital Corp. adds Additional Claims River Valley PGM Project, near Sudbury, Ontario $PFN.ca

Namaste Expands Product Portfolio in Advance of US Elections $N.ca

Posted by AGORACOM-JC at 9:02 AM on Thursday, November 3rd, 2016

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  • Company has secured new agreements with manufacturers of indoor growing equipment
  • Product lines will be added to Namaste’s e-commerce portals and complement the Company’s existing portfolio of vaporizers, pipes, papers and other accessories
  • New product portfolio also represents a further monetization of Namaste’s customer list of approximately 250 thousand names

VANCOUVER, BRITISH COLUMBIA–(Nov. 3, 2016) – Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N)(FRANKFURT:M5BQ) is pleased to announce that the Company has secured new agreements with manufacturers of indoor growing equipment. These product lines will be added to Namaste’s e-commerce portals and complement the Company’s existing portfolio of vaporizers, pipes, papers and other accessories. This new product portfolio also represents a further monetization of Namaste’s customer list of approximately 250 thousand names.

US Elections

Currently, cannabis is legal for medical use in 25 states and recreational use in four states. Next week, the US will have three states voting on the legalization of medical use (Florida, Arkansas, and North Dakota) and five states voting on the legalization of recreational use of cannabis (California, Massachusetts, Arizona, Nevada, and Maine). Should all five states vote in favor of recreational marijuana, the US could have upwards of 75 million people living in states where the recreational consumption of cannabis will be legal. This represents approximately 23% of the total US population and is anticipated to advance the potential for legalization in additional states. In the US, support for the legalization of cannabis reached an all-time high of 57% in favor. Namaste’s product portfolio is ideally positioned to capitalize on these potential developments in the US.

Agreement Details

Namaste has entered into agreements with Gorilla Grow Tent Inc., SuperCloset Inc. and Kind LED Grow Lights, all leading manufacturers of the most advanced growing equipment available on the market. Namaste will initially market each of the manufacturers’ products in the US and Canada, and will receive wholesale rates on product sales. It is anticipated after the initial launch, Namaste will launch each of these brands into the twenty international markets Nasmaste currently serves.

Management Commentary

Sean Dollinger, President and CEO of Namaste, comments: “The markets for our current and new products are expanding considerably. With the acquisition of VaporSeller and URT1, we have given ourselves a substantial position in the US market which now represents 74% of our customer base. We view the upcoming election in the US as a key catalyst for our company and will continue to focus our efforts on expanding our brands in the US, which is the largest market for our products globally.”

About Gorilla Grow Tent Inc.

Gorilla Grow Tents are professionally designed grow tents that are ideal for experts and perfect for beginners and set the standard for quality and durability. Each grow tent is built with stable reinforced materials and are the strongest and safest materials available. Gorilla Grow tents have no plastic and feature a proprietary diamond reflection technology for best yield. Gorilla Grow Tents also feature a patent pending adjustable height extension kit that gives you the ability to increase your growing height from 7′ to 8′ or even 9′ tall.

About SuperCloset Inc.

Founded by Kip Anderson in 2002, SuperCloset, also known as SuperPonics, is accredited by the Better Business Bureau and maintains a perfect A+ rating, surpassing any other company in the hydroponics industry. SuperCloset is known as the leading manufacturer of Automated Superponics Systems and Grow Boxes in the world. Based in beautiful San Francisco, California, the company is in the perfect environment for combining innovative and imaginative ideologies with progressive methods of harvesting local, sustainable and organic products.

About Kind LED Grow Lights

Kind LED Grow Lights are the industry leader in indoor LED grow lights. Kind LED consulted with hundreds of professional hydroponic and soil growers to rigorously research and develop their cutting edge LED indoor grow light technology that has since revolutionized the indoor growing industry. Kind LED is widely considered the best indoor LED grow light on the market today. Kind LED Grow Lights are comprised of high powered 5 and/or 3 Watt Light Emitting Diodes featuring a proprietary intensified 12 band spectrum, including infrared and UV diodes designed for both vegetative and flowering stages of growth.

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 5 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
Direct: +1 (786) 389 9771
[email protected]
www.namastetechnologies.com

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Posted in Namaste Technologies Inc. | Comments Off on Namaste Expands Product Portfolio in Advance of US Elections $N.ca

Tetra Bio-Pharma Enters Into Medical Cannabis Supply Agreement With ACMPR Licensed Producer Aphria Inc. $TBP.ca

Posted by AGORACOM-JC at 8:36 AM on Thursday, November 3rd, 2016

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  • Signed a Supply Agreement with Access to Cannabis for Medical Purpose Regulations (“ACMPR”) licensed producer Aphria Inc.
  • For the supply of dried medical cannabis as an Active Pharmaceutical Ingredient (API) for PPP’s inhalation cannabis product PPP001

OTTAWA, ONTARIO–(Nov. 3, 2016) – Tetra Bio-Pharma Inc. (“TetraBio” or the “Company“) (CSE:TBP) through its subsidiary, PhytoPain Pharma Inc. (“PPP“), is pleased to announce that it has signed a Supply Agreement with Access to Cannabis for Medical Purpose Regulations (“ACMPR“) licensed producer Aphria Inc. (“Aphria“) (TSX VENTURE:APH)(OTCQB:APHQF) for the supply of dried medical cannabis as an Active Pharmaceutical Ingredient (API) for PPP’s inhalation cannabis product PPP001. PPP001 is a medical marijuana product that the company is developing as a prescription controlled drug for inhalation using a fully assembled titanium pipe.

Aphria is a Licensed Producer under the Access to Cannabis for Medical Purposes Regulations.Under this supply agreement with Aphria, PPP shall pursue the development of a prescription controlled inhalation drug product of medical marijuana and seek marketing approval across the world either directly or indirectly through partnerships or licensing agreements. Aphria will be the exclusive supplier of this API to PPP for the development and commercialisation of PP001.

PPP is granted an exclusive, non-transferrable, royalty free, licence to use the API in the development of PPP001. The agreement defines a purchase price during the clinical development and a volume rebate once a target volume is reached.

Both Canadian and USA prescription drug regulations impose rigorous quality systems for the manufacturing of both the API and finished drug product. These requirements include conformance to pharmaceutical Good Manufacturing Practice regulations (“GMP“) as well as demonstrating the ability of the manufacturer to ensure lot-to-lot consistency in the quality and safety of the prescription drug.

Dr. Guy Chamberland, M.Sc., Ph.D., Chief Scientific Officer and Regulatory Affairs, PhytoPain Pharma Inc., commented, “We are very pleased and excited to be working with Aphria in the development of PPP001. Developing prescription botanical based pharmaceuticals requires a high quality GMP system and well-established product specifications to ensure consistent efficacy and ultimately protect the safety of patients. Based on our assessment of Aphria, we are confident that their high quality GMP medical cannabis production facility and impressive quality assurance team will meet or exceed the expectations of both the Canadian and USA prescription drug authorities.”

“With this agreement in place, PPP is now in a solid position to submit its Clinical Trial Application (CTA) for its planned Phase I trial in healthy volunteers. The company is also on track for submitting its Pre-IND Information Package for its upcoming meeting the US FDA,” stated Dr. Chamberland.

“Aphria is excited and proud to be an integral part of advancing the scientific research being led by Dr. Chamberland and the team at Tetra Bio-Pharma. Using our proprietary and high quality medical cannabis blend supported by high calibre research is exactly what professional healthcare practitioners require to gain the confidence to prescribe medical cannabis as a pharmaceutical,” said Vic Neufeld, Chief Executive Officer, Aphria Inc.

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

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

Forward-looking statements

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

Tetra Bio-Pharma Inc.
André Rancourt
Chief Executive Officer

Tetra Bio-Pharma Inc.
Ryan Brown
VP Business Development and Communications

Tetra Bio-Pharma Inc.
André Audet
Executive Chairman
(613) 421-8402

Aphria Inc.
Vic Neufeld
1-844-427-4742

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Posted in Medical Marijuana Stocks, Tetra Bio-Pharma Inc., Tetra Brio-Pharma Inc. | Comments Off on Tetra Bio-Pharma Enters Into Medical Cannabis Supply Agreement With ACMPR Licensed Producer Aphria Inc. $TBP.ca

Tetra Bio-Pharma Announces Outcome of its Meeting with its Scientific and Clinical Advisory Board $TBP.ca

Posted by AGORACOM-JC at 1:20 PM on Wednesday, November 2nd, 2016

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  • Held its Scientific and Clinical Advisory Board (“CAB”) meeting on October 29th
  • CAB reviewed the development program of PPP’s inhalation cannabis product PPP001
  • Medical marijuana product that the company is developing as a prescription controlled drug for inhalation using a fully assembled titanium pipe

OTTAWA, ONTARIO–(Nov. 2, 2016) – Tetra Bio-Pharma Inc. (“TetraBio” or the “Company“) (CSE:TBP) through its subsidiary, PhytoPain Pharma Inc. (“PPP“), is pleased to announce that it held its Scientific and Clinical Advisory Board (“CAB“) meeting on October 29th. The CAB reviewed the development program of PPP’s inhalation cannabis product PPP001. PPP001 is a medical marijuana product that the company is developing as a prescription controlled drug for inhalation using a fully assembled titanium pipe.

The Board, which is comprised of experts in clinical research, pain management as well as cancer, and neurological product drug development (ref: news release August 26, 2016), met to review and discuss the development program to date, the study design of the Phase I trial and the overall clinical development plan of PPP001. This included the exclusion and inclusion criteria of the proposed Phase I trial, the Phase 1a and 1b dosing scheme, and the pharmacokinetic and pharmacodynamic assessments. The CAB also examined the clinical rationale for the selection of the delta-9-tetrahydrocannibinol (THC) and Cannabidiol (CBD) dose levels for use in PPP001.

The CAB also reviewed the salient elements of future PPP’s Phase II and III clinical trials for the development of PPP001 in various medical conditions, including the use of medical marijuana as a second or third line therapy for cancer and HIV patients with uncontrolled pain. The CAB reports directly to the Board of Directors of the Company and will be submitting a report on the outcome of the CAB meeting in the near future.

Currently, there is only limited safety or efficacy information, if any, derived from well-controlled clinical trials available to physicians to adequately assess the benefits and risks of prescribing medical marijuana. Dr. Luc Vachon, President of the CAB commented: ²the members of the CAB are very pleased and excited to be participating in a full pharmaceutical approach on the development of medical marijuana as a prescription drug. The members expressed that the clinical development plan used by PPP – supported by a formal regulatory path – will help generate the type of clinical information required by physicians.²

“This team of scientific and clinical experts provided us with excellent guidance on the development program. We are pleased to recommend to the Board of Directors that PPP is ready to submit the Clinical Trial Application (CTA) for the conduct of its Phase I trial in healthy human volunteers,” stated Dr. Chamberland, Chief Scientific Officer and Regulatory Affairs.

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.
André Rancourt
Chief Executive Officer
(613) 421-8402

Tetra Bio-Pharma Inc.
Ryan Brown
VP Business Development and Communications
(613) 421-8402

Tetra Bio-Pharma Inc.
André Audet
Executive Chairman
(613) 421-8402

 

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Posted in Medical Marijuana Stocks, Tetra Bio-Pharma Inc., Tetra Brio-Pharma Inc. | Comments Off on Tetra Bio-Pharma Announces Outcome of its Meeting with its Scientific and Clinical Advisory Board $TBP.ca

HPQ Achieves Major Milestone With PureVap QRR By Using Significantly Sub-Standard Feed Material To Produce High Purity Silicon Metal (99.9%+) $HPQ.ca

Posted by AGORACOM-JC at 8:13 AM on Wednesday, November 2nd, 2016

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  • Capable of using SiO2 feed material that does not even meet the minimal industry specification to make Ferrosilicon2 and produce Silicon Metal (Si) of greater purity than what can be achieved by traditional processes used to make Metallurgical Grade Silicon Metal (98.5% to 99.5% Si)3 today
  • “Being capable of using low purity feedstock and achieving these results represents another major milestone reached on our road to transform HPQ Silicon Quartz (SiO2) into high Purity Silicon Metal (Si),” said P. Peter Pascali, President and CEO of PyroGenesis,

MONTREAL, QUEBEC–(Nov. 2, 2016) – HPQ Silicon Resources Inc (“HPQ”) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGD) is pleased to inform its shareholders that it has received from PyroGenesis Canada Inc (“PyroGenesis”) a stage report1 pertaining to Silicon Metal recently produced by the PUREVAPâ„¢ QRR.

The analysis demonstrates that the PUREVAPâ„¢ QRR is capable of using SiO2 feed material that does not even meet the minimal industry specification to make Ferrosilicon2 and produce Silicon Metal (Si) of greater purity than what can be achieved by traditional processes used to make Metallurgical Grade Silicon Metal (98.5% to 99.5% Si)3 today.

“To say that we are excited with reaching this major milestone so early in the testing process is an understatement. We have always believed that we would eventually attain this critical goal, but reaching it now, using the first generation setup of the lab-scale PUREVAPâ„¢ QRR has again exceeded our expectations. This further validates our belief that a one step direct transformation of Quartz into High Purity Silicon Metal will be a disruptive process that could eventually impact the entire Silicon Metal industry,” said Bernard Tourillon, Chairman and CEO of HPQ Silicon.

“Being capable of using low purity feedstock and achieving these results represents another major milestone reached on our road to transform HPQ Silicon Quartz (SiO2) into high Purity Silicon Metal (Si),” said P. Peter Pascali, President and CEO of PyroGenesis, “and each one of the milestones reached increases the probability that the PUREVAPâ„¢ QRR One Step process will eventually become the Gold Standard process for the production of High Purity Silicon Metal.”

TEST KEY PARAMETERS

PyroGenesis’ process characterization program4 was started to fulfill the following key objectives: 1) studying the PUREVAPâ„¢ process thoroughly; 2) collect data for the design of the pilot scale unit; and 3) implement the pathway to higher purity, up to Solar Grade Silicon Metal “SGSi”.

Since it is typically easier to measure and discriminate differences in impurity levels at high concentration than at trace levels, it was decided that the best technical procedure was to use sub-standard grade quartz2 with relatively high levels of impurities to conduct the first portion of the process characterization tests.

1 PyroGenesis Technical Memo: “TM-2016-762, – PureVap Process Characterization -Update on the SEM-EDS-WDS analyses conducted at the CM2”.
2 http://www.sidex.ca/wp-content/uploads/2015/02/Exploring-for-Silica-in-Quebec.pdf
3 http://pyrometallurgy.co.za/Pyro2011/Papers/083-Xakalashe.pdf
4 HPQ Silicon PR Dated September 1, 2016

As a result, during this phase of testing, lower purity quartz was used as feedstock compared to the approximately 99.99 SiO25 material used during phase 1 test, in order to obtain better resolution on impurity removal happening in the PUREVAPâ„¢ QRR process.

Table 1- General specifications for different uses of silica and Quartz data from Lot #a16-07056

Min. SiO2 Max. Al2O3 Max. Fe2O3 Max. TiO2
(wt%) (wt%) (wt%) (wt%)
Silicon:
– Metal 99.5 0.2 0.1 0.006
– Chemical 99.8 0.1 0.05 0.005
Ferrosilicon 98.7 0.6 0.3 0.05
http://www.sidex.ca/wp-content/uploads/2015/02/Exploring-for-Silica-in-Quebec.pdf
Quartz lot #A16-07056 SiO2 Al2O3 Fe2O3 TiO2
Martinville 97.57 0.51 0.34 0.018
Actlabs, located in Ancaster, Ontario, ICP-AES analysis

The feedstock for the experiment was a 5:1 (weight basis) mixture of Quartz lot #A16-07056 from Martinville and activated carbon #5566 provided by Asbury Carbon. Impurity levels in the resulting mixture were relatively high, with Al, Ca and Fe around 2,000 ppm, especially considering that Fe is an element that is hard to remove.

Table 2 – Impurity levels for the Quartz, the Carbon and the resulting Mixture

Material Quartz Carbon Mixture
#ID A16-07056 5566 5:1 m/m
Units (ppm) (ppm) (ppm)
Al 2699 337 2305
Ca 1858 2848 2023
Fe 2378 39 1988
Mg 965 131 826
Mn 124 2 104
Na 297 184 278
K 249 229 246
Ti 108 2 90
P 44 215 72
S 100 204 117
W 1 0 1
B 4 3 4
5 March 3, 2016 Press Release

The Quartz and the Carbon were both analyzed using a combination of ICP-AES and ICP-MS by third-party laboratories. The impurity concentrations of the mixtures are obtained using a weighted average of the ones of the reagents in respect to their mass ratio (5:1).

RESULTS

Given this approach, the silicon metal produced in the second phase of testing was not expected the reach the 98.5% Si standard purity level for Metallurgical Grade Silicon Metal (MG Si), as it is generally accepted that when making Silicon Metal using traditional process, feedstock purity is crucial as it has a direct effect on the final product purity.

However, this is definitely not the case with the PUREVAPâ„¢ QRR process, as overall impurity removal efficiency of 92 % on average was reached and Si with a mean purity of 99.936 %6 was produced.

As shown in Table 3 the comparison in impurity contents between the feedstock mixture and the silicon metal product were tabulated. Really notable are the results for Fe and Ti, which are impurities that are challenging to eliminate using traditional methods.

Table 3 – Comparison of the impurity levels in the feedstock versus in the Silicon product

Material Feedstock Silicon Diff
Mixture product
Units (ppm) (ppm) (%)
Al 2305 70 -97 %
Ca 2023 10 -100 %
Fe 1988 210 -89 %
Mg 826 30 -96 %
Mn 104 70 -32 %
Na 278 0 -100 %
K 246 50 -80 %
Ti 90 30 -67 %
P 72 40 -45 %
S 117 10 -91 %
W 1 120 14300 %
B 4 0 -100 %
Total 8054 640 92 %

All the impurities were massively removed except for tungsten. Also it is noteworthy that the contents of Boron (B), and Phosphorus (P) were greatly reduced in this round of testing. As previously reported, these are important elements that negatively impact on silicon metal.

6 Analyzed using Wavelength-Dispersive Spectroscopy (WDS), which can provide quantitative analyses of precise spots with a detection threshold of approximately 10 ppm (weight basis). Detection limit of the process implies that 0 reading is fact a < 10 ppm

“We are extremely pleased with the progress to date,” said Pierre Carabin, CTO of PyroGenesis. “Particularly, when one considers today’s results in light of our press release dated September 29, 2016, wherein we announced, amongst other things, that the PUREVAPâ„¢ process can remove one of the toughest impurities on the road to solar grade silicon, namely boron, from the final material produced. It seems that we are truly on to something unique.”

As shown in Table 4, from the 5 different locations analyzed on the sample, all of them were of a purity of 3N+ (99.9+ %) with a mean purity of 99.936 %4. The main contaminants were iron (Fe) and tungsten (W) with 0.021 % and 0.012 % respectively in average.

Interestingly, the concentrations were below the detection limits for 2 locations out of 5 for iron and 3 out 5 for the tungsten. It has been observed that Tungsten was measured in relatively high concentration in two locations out of five. It is too early to say if this is due to concentration during the process or if it is due to a contamination. These two avenues will be further investigated shortly.

Table 4- Elementary concentration in % of the sample at 5 locations4

Location 1 Location 2 Location 3 Location 4 Location 5 Average
Elements
(%) (%) (%) (%) (%) (%)
W 0.039 0.000 0.022 0.000 0.000 0.012
Fe 0.000 0.020 0.000 0.044 0.043 0.021
Mn 0.000 0.009 0.010 0.014 0.000 0.007
Ti 0.003 0.000 0.000 0.004 0.007 0.003
Ca 0.000 0.002 0.001 0.002 0.000 0.001
K 0.005 0.004 0.006 0.003 0.009 0.005
S 0.004 0.000 0.000 0.000 0.000 0.001
P 0.001 0.000 0.004 0.011 0.002 0.004
Si 99.931 99.955 99.953 99.906 99.936 99.936
Al 0.013 0.006 0.004 0.010 0.002 0.007
Mg 0.004 0.004 0.000 0.005 0.001 0.003
Na 0.000 0.000 0.000 0.000 0.000 0.000
C 0.000 0.000 0.000 0.000 0.000 0.000
B 0.000 0.000 0.000 0.000 0.000 0.000

FURTHER INFORMATION ON THE TEST

During phase 1 – Proof of concept test, the produced silicon was only collected at the surface of the graphite electrode. Now, during phase 2, not only is silicon produced at the surface of the electrode, but is also produced in bulk at the bottom of the crucible. The current analyses were conducted on the bulk produced at the bottom of the crucible.

The lab testing is still ongoing and the project is still on schedule for a mid-January 2017 completion. By the end of the Process Characterization phase, PyroGenesis expect to have conducted between 40 and 50 laboratory scale experiments. The data collected during the

Process Characterization phase will be used for the Pilot Scale design, which is also currently underway.

Testing Methodology:

Scanning electron microscopy (SEM), Energy Dispersive X-ray Spectroscopy (EDS), and Wavelength-Dispersive X-Ray Spectroscopy (WDS) analysis were completed at the Centre de Caractérisation Microscopique des Matériaux (CM2), located at the École Polytechnique de Montréal.

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 (99.9999% Si) producer.

Our business model is focused on developing a disruptive High Purity and Solar Grade Silicon Metal manufacturing process (patent pending) that can generate high yield returns and significant free cash flow within a 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.

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

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

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Durango Completes Sampling Program On Its Limestone Properties $DGO.ca

Posted by AGORACOM-JC at 9:02 AM on Tuesday, November 1st, 2016

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  • Completed site visits to its wholly owned limestone properties located on the northwest coast of British Columbia
  • Total of twenty-four samples were taken on the properties and submitted for assay

Vancouver, BC / November 1, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) reports that further to its news release of October 25, 2016, it has completed site visits to its wholly owned limestone properties located on the northwest coast of British Columbia.

A small exploration crew evaluated the site logistics and completed a small sampling program on the Smith Island and Mayner’s Fortune properties. The crew accessed the Mayner’s Fortune property by helicopter and nearby logging roads and and accessed the Smith Island property by helicopter. A total of twenty-four samples were taken on the properties and submitted for assay. The results will be provided as they become available.

Marcy Kiesman, CEO comments: “Durango originally obtained the limestone properties in northwestern BC to coincide with the potential LNG facilities which will require limestone for cement and aggregate. However, depending on the grade and quality of limestone, it has many other uses, including as a livestock feed additive and an additive to breads, cereals, toothpaste, papers, plastics, glass, paint, tiles, medicines and cosmetics. We look forward to advancing this compelling opportunity to bring value to our shareholders.”

The past producing Smith Island claims are located 6km southwest of Lelu Island, the proposed site of a pending $36 billion LNG facility that recently received conditional approval of the federal government. The Mayner’s Fortune claims are located approximately 7.5km southwest of Terrace, B.C., along the CN rail line between Terrace and Kitimat, B.C., where the proposed Royal Dutch Shell Consortium $40 billion LNG facility awaits a final investment decision.

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 certain lithium properties near the Whabouchi project, the Buckshot graphite property near the Miller Mine in Quebec, the Dianna Lake silver project in northern Saskatchewan, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario, as well as three sets of claims in the Labrador nickel corridor.

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 commencement and completion of the LNG projects, obtaining final government, industry and other approvals of such projects, future exploration or project development programs on the limestone properties 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.

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HPQ-Silicon Announces Closing of a $1,250,000 FT Private Placement $HPQ.ca

Posted by AGORACOM-JC at 4:04 PM on Monday, October 31st, 2016

Hpq_large

  • Closed a non-brokered flow through private placement
  • Placement of Flow Through Units completed consists in the issuance and sale of an aggregate amount of 5,681,818 FT Unit at $0.22 per Unit for gross proceeds of $1,249,999.96

Montreal, Quebec, Canada / October 31, 2016 – HPQ Silicon Resources Inc (“HPQ”) (TSX Venture: HPQ) is pleased to inform its shareholders that it has closed a non-brokered flow through private placement.

Private Placement

The placement of Flow Through Units (“FT Unit”) completed consists in the issuance and sale of an aggregate amount of 5,681,818 FT Unit at $0.22 per Unit for gross proceeds of $1,249,999.96.

Each FT Unit are comprised of one (1) common share and a half (1/2) common share purchase warrant (“Warrant”) of the Company. Each Warrant entitle the holder thereof to purchase one common share of the capital stock of the Company at an exercise price of $ 0.30 during a period of 24 months from the date of closing of the placement.

Each share issued pursuant to the placement will have a mandatory four (4) month holding period from the date of closing of the placement. The placement is subject to standard regulatory approvals.

In Connection with the above placements, the Company paid a cash finder’s fee of $87,500 to Secutor Capital Management Corporation of Toronto, Ontario.

“We are very encourage by the fact that we are now being offered these size financing at a substantial premium (37.5% from last Friday closed of $0.16),” said Bernard Tourillon, Chairman and CEO of HPQ-Silicon. “Of further interest is the fact that the original offer received was for a $2,500,000 financing and that amount closed was lower to $1,250,000 at the sole request of HPQ Silicon”.

The Funds raised will be used to finance our exploration budget on our Roncevaux property by the end of December 2017. In this regard we will be filing soon a new NI 43-101 compliant technical report on the Roncevaux properties regarding our work plan for the delineation of a Quartz resource on the property.

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 (99.9999% Si) producer.

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

High Purity Quartz Properties

HPQ Silicon is the largest holder of High Purity Quartz properties in Quebec, with over 3,500 Ha under claims. Despite the abundance of quartz, very few deposits are suitable for high purity applications. High Purity Quartz supplies are tightening, prices are rising, and exponential growth is forecast. Quartz from the Roncevaux property successfully passed rigorous testing protocols of a major silicon metal producer confirming that our material is highly suited for their silicon metal production.

Disclaimers:

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or the securities laws of any state of the United States and may not be offered or sold within the United States or to, or for the account or the benefit of, U.S. persons (as defined in Regulation S un der the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

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.

For further information contact

Bernard J. Tourillon, Chairman and CEO Tel (514) 907-1011
Patrick Levasseur, President and COO Tel: (514) 262-9239
www.HPQSilicon.com

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Durango Accepting Bids to Drill NMX East in Quebec $DGO.ca

Posted by AGORACOM-JC at 1:40 PM on Monday, October 31st, 2016

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  • Accepting bids to drill the recently discovered lithium bearing pegmatites on its wholly owned NMX East ground adjacent to Nemaska Lithium (TSX-NMX) near Nemaska, Quebec
  • Earlier today, Nemaska Lithium announced an agreement to supply 8,000 metric tons of lithium carbonate per year beginning in mid-2018 to FMC Corporation (NYSE-FMC).

Vancouver, BC / October 31, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) reports that further to its news release of September 21, 2016, it is accepting bids to drill the recently discovered lithium bearing pegmatites on its wholly owned NMX East ground adjacent to Nemaska Lithium (TSX-NMX) near Nemaska, Quebec.

Earlier today, Nemaska Lithium announced an agreement to supply 8,000 metric tons of lithium carbonate per year beginning in mid-2018 to FMC Corporation (NYSE-FMC).

Durango’s property borders Nemaska Lithium, and the lithium bearing pegmatites Durango discovered on a simple reconnaissance exploration program are within a few kilometres of Nemaska’s Whabouchi deposit. It is anticipated that at least four exploratory drill holes will be completed to test the extent of the pegmatites and the grades below the weathered surface.


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Marcy Kiesman, CEO comments: “With the Paris Climate Agreement taking effect November 4, 2016, Durango believes there will be unprecedented growth in carbon free energy sources including electric vehicle growth. Electric vehicles use a majority of lithium ion batteries as their power source so it stands to reason that lithium demand will continue to rise.”

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 certain lithium properties near the Whabouchi project, the Buckshot graphite property near the Miller Mine in Quebec, the Dianna Lake silver project in northern Saskatchewan, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario, as well as three sets of claims in the Labrador nickel corridor.

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 commencement and completion of future exploration or project development programs 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 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.

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