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Lexaria Intends to Complete a $900,000 Financing

Posted by AGORACOM-JC at 9:12 AM on Friday, August 8th, 2014

Kelowna, British Columbia–(August 8, 2014) – Lexaria Corp. (OTCQB: LXRP) (CSE: LXX) (the “Company” or “Lexaria”) reports its intention to complete a non-brokered private placement financing, consisting of 6,000,000 Equity Units at US $0.15 per unit, to raise gross proceeds of up to US $900,000 (the “Private Placement”).

Each equity unit will consist of one common share of the Company and one non-transferable share purchase warrant, each warrant entitling the holder to purchase one additional common share of the Company for a period of eighteen months from the date of issuance, at a purchase price of US$0.25. The Company may accelerate the expiry date of the warrants if the stock price trades above CAD$0.60 for 20 consecutive days at any time after 6 months and one day has elapsed.

Lexaria may pay broker commissions of up to 6.0% in cash and 6% in broker warrants in connection with the Private Placement. Each broker’s warrant will be exercisable into one single common share (a “Warrant Share”) at a price of US$0.25 per Warrant Share for a period of eighteen (18) months following closing of the Offering. Certain directors, officers and insiders of the Company may participate in the Private Placement.

The Company is canceling its earlier announced intention to complete a non-brokered private placement financing, consisting of 17,000,000 Equity Units at US $0.20 per unit, to raise gross proceeds of up to US $3,400,000 (the “Private Placement”) due to market conditions and the increased dilution the larger proposed financing would have caused.

The securities issued will be subject to a hold period in Canada of four months and one day, or for any resales possible into the USA under Rule 144, six months and one day. Proceeds from the equity units will be used for corporate development in the Medical Marijuana business, G&A and general working capital. The Private Placement will be subject to normal regulatory approvals.

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

About Lexaria

Lexaria’s shares are quoted in the USA with symbol LXRP and in Canada with symbol LXX. The company searches for projects that could provide potential above-market returns. To learn more about Lexaria Corp. visit www.lexariaenergy.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Lexaria Corp.
Chris Bunka, CEO: (250) 765-6424
Clark Kent, Media Manager: (647) 519-2646

FORWARD-LOOKING STATEMENTS

This release includes forward-looking statements. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors but they include and are not limited to the existence of underground deposits of commercial quantities of oil and gas; cessation or delays in exploration because of mechanical, weather, operating, financial or other problems; capital expenditures that are higher than anticipated; or exploration opportunities being fewer than currently anticipated. There can be no assurance that road or site conditions will be favorable for field work; no assurance that well treatments or workovers will have any effect on oil or gas production; no assurance that oil field interconnections will have any measurable impact on oil or gas production or on field operations, and no assurance that any expected new well(s) will be drilled or have any impact on the Company. There can be no assurance that expected oil and gas production will actually materialize; and thus no assurance that expected revenue will actually occur. There is no assurance the Company will have sufficient funds to drill additional wells, or to complete acquisitions or other business transactions. Such forward looking statements also include estimated cash flows, revenue and current and/or future rates of production of oil and natural gas, which can and will fluctuate for a variety of reasons; oil and gas reserve quantities produced by third parties; and intentions to participate in future exploration drilling. Adverse weather conditions including but not limited to surface flooding can delay operations, impact production, and cause reductions in revenue. The Company may not have sufficient expertise to thoroughly exploit its oil and gas properties. The Company may not have sufficient funding to thoroughly explore, drill or develop its properties. Access to capital, or lack thereof, is a major risk and there is no assurance that the Company will be able to raise required working capital. Current oil and gas production rates may not be sustainable and targeted production rates may not occur. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company’s public announcements and filings. There is no assurance that the medical marijuana business will provide any benefit to Lexaria and no assurance that the proposed financing of up to $900,000 will be successful.

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

Start your small cap medical marijuana research in the AGORACOM Small Cap 
Medical Marijuana Stocks Gateway: 
http://agoracom.com/portal/Small%20Cap%20Medical%20Marijuana%20Stocks

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Lomiko to Adopt Shareholder Rights Plan at October 30, 2014 AGM

Posted by AGORACOM-JC at 12:04 PM on Thursday, August 7th, 2014

VANCOUVER, BRITISH COLUMBIA–(Aug. 7, 2014) – LOMIKO METALS INC. (TSX VENTURE:LMR)(PINKSHEETS:LMRMF)(FRANKFURT:DH8B) (Europe: ISIN: CA54163Q1028, WKN: A0Q9W7) (the “Company”) announces that its Board of Directors (the “Board”) has approved the adoption of a shareholder rights plan (the “Plan”). The Plan is subject to the approval of the TSX Venture Exchange and shareholder ratification within six months of its adoption. The Corporation will seek shareholder ratification at its annual and special meeting of the shareholders scheduled to be held on October 30, 2014.

Lomiko is not adopting the Plan in response to any specific proposal to acquire control of its outstanding securities. The Plan will be similar to plans adopted by other Canadian companies and ratified by their shareholders. It is not the intention of the Plan to entrench management or prevent a change of control of Lomiko to the detriment of shareholders. The Plan will not apply to takeover bids that meet certain requirements including that the bid be made by way of a takeover bid circular and be left open for at least 60 days so as to ensure that shareholders will have an adequate opportunity to assess the merits of any such bid.

The Plan has been designed to encourage the fair and equal treatment of shareholders in connection with any takeover bid for Lomiko’s outstanding securities, and will provide the board of directors with additional time to assess the advantages and disadvantages of any particular offer, and to seek out alternative proposals in the best interests of all shareholders.

If ratified, the Plan will have an initial term which will expire at Lomiko’s annual general meeting of shareholders to be held in 2017; the Plan may also be reconfirmed and extended at that annual general meeting and at every third annual general meeting thereafter. If ratified as disclosed above, a copy of the new rights plan will be available for viewing on SEDAR and may also be obtained from Lomiko subsequent to its 2014 annual general meeting of shareholders.

Lomiko Metals Inc. Background

Lomiko Metals Inc. is a Canada-based, exploration-stage company. The Company is engaged in the acquisition, exploration and development of resource properties that contain minerals for the new green economy. Its mineral properties include the Quatre Milles Graphite Property and the Vines Lake property which both have had recent major discoveries.

For more information on Lomiko Metals Inc., review the website at www.lomiko.com.

On Behalf of the Board of LOMIKO METALS INC.

A. Paul Gill, Chief Executive Officer

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.

Lomiko Metals Inc.
A. Paul Gill
604-729-5312
[email protected]
www.lomiko.com

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Robix Announces Proposed Unit Private Placement

Posted by AGORACOM-JC at 10:47 AM on Thursday, August 7th, 2014

LETHBRIDGE, ALBERTA–(Aug. 7, 2014) – Robix Alternative Fuels Inc. (“Robix” or the “Corporation”) (CSE:RZX) announced today that it intends to complete a non-brokered private placement offering of units at a price of $0.60 per unit for gross proceeds of up to $800,000. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional common share at a price of $0.80 per share for a period of one years after the closing.

A finder’s fee of up to 10% of the gross proceeds of the offering may be paid on all or any portion of the funds raised pursuant to this offering. In addition, finders will receive finders warrants equal to up to 10% of the number of units issued in connection with the offering. Each finders warrant will entitle the holder to purchase one common share at a price of $0.60 for a period of one year after the closing.

The closing of the offering is expected to occur on or about September 30, 2014, and is subject to regulatory approval. For further details on the offering, please contact the Corporation. All securities issued in connection with the offering will be subject to a hold period of four months from the date of closing. The net proceeds from the offering will be used to finance the Corporation’s continuing capital program and for general working capital purposes.

About Robix:

The Corporation is an “industrial products/technology” company, offering to investors a unique opportunity to participate in a leading company in the business of ownership of patents, and their development from commercialization to worldwide expansion through various business arrangements. Robix owns a Clean Ocean Vessel (“COV”) patent, which is an oil spill recovery vessel design with the capability to recover oil in rough and debris laden sea conditions. Robix has recognized a worldwide market opportunity for effective containment, recovery and disposal equipment, particularly in the oil spill protection industry, and it proposes to develop a business model as a service provider, and/or equipment provider under licensing agreements with other industry participants, wherein Robix will use its COV patented design solution.

No stock exchange or any securities regulatory body has reviewed the contents of this news release.

This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company’s disclosure documents on the SEDAR website at www.sedar.com. The Corporation does not undertake to update any forward-looking information except in accordance with applicable securities laws.

Robix Alternative Fuels Inc.
Nathan Hansen
President & CEO
250-683-8957
[email protected]

Robix Alternative Fuels Inc.
Robin Ray
Chief Financial Officer
403-327-3094
[email protected]
www.robixfuels.com

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Liberty Star Signs Comprehensive New Agreement with Naru Capital a Division of naseba, Extending Successful Partnership to a 4th Term, from July 10 to Dec. 31, 2014

Posted by AGORACOM-JC at 9:50 AM on Wednesday, August 6th, 2014

Meetings in Tucson – Hay Mountain Mid-September and Middle East Planned in October

TUCSON, Ariz.–Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”) (OTCQB: LBSR) is pleased to announce that Liberty Star has once again signed a comprehensive agreement with Naru Capital (“Naru”), a division of naseba.

With the current value of ongoing infrastructure projects in the Middle East estimated at over US$2.62 trillion, the region is currently witnessing significant investments in infrastructure development that drive the demand for metals including copper, aluminum, iron, and nickel among others. Thus investors now seem to be seeking strategic investments in the sector, with the regional material demand forecast set to rise consistently over the next 5-10 years. This will be compounded by the decrees to bring expertise to the region in order to fast track developments of local mining assets as well. Having recognized the potential of Liberty Star and its Board, Naru Capital will be making a major push to get Hay Mountain funded and then fund other projects and targets of Liberty Star.

Naru Capital is a division of naseba group, a French business information company and a deal facilitator focused on the needs and interests of growth market based investors. With on the ground presence in Algiers, Bangalore, Dubai, Monaco, Riyadh, and Shanghai Naru Capital facilitates the introduction of companies raising capital to investors in emerging and growth markets, offering an alternative to traditional avenues to source deal flow. Naru Capital organizes highly-targeted, private capital introduction meetings and investors road shows across a range of growth markets and sectors, introducing each to pre-qualified investment opportunities.

The new agreement is to effectuate financing on a variety of levels for Liberty Star targets and opportunities. This will continue with an additional road show in the locations not yet visited where after extensive preparation and publicity of the opportunity, one on one meetings will be arranged with entities that have the desire and funds to invest in significantly large grass roots or greenfield mineral exploration targets. This will include Hay Mountain. The investment analysts will prioritize the meetings based on investor interest and intent, and will follow up with all the parties to ensure progression from the meetings, which will include potential visits to the southeast Arizona – Tombstone- Bisbee area where the Hay Mountain target is located and to the operating copper mines in the Tucson vicinity that have similar characteristics and are emblematic of the Hay Mountain Project.

Company CEO/Chief Geologist James A. Briscoe will return to the Middle East for a second time in October for highly-targeted, private capital introduction meetings organized by Naru Capital, which makes this the fourth time Naru Capital and Liberty Star have partnered for investors’ acquisition. The road show will include follow up meetings from Briscoe’s June visit to Saudi Arabia, Oman and Turkey which led to the 10 indications of interest, the first step in sending non-disclosure agreements for the Hay Mountain project and offer the Hay Mountain Project/Mine Finders training program to new potential investors.

Naru Capital Managing Director, Fabien Faure said “More than looking at just the financial capabilities of these investors, we also discuss their alternative reasons as to why they would consider an opportunity, before we make any introductions. We have developed trusting relationships with our investors through constant and open dialogue, and mapping their emotional connection to a particular industry, region or opportunity. We also work closely with our investors to establish how a project could benefit them from a strategic point of view, or sometimes how it could benefit them politically.”

Notes Briscoe: “Liberty Star is taking the lead in developing in what we believe will be ‘a major mining project that will be active for decades’. This fact is well known to local investors, but not to international investors. Naru Capital arranged these ‘Investor Road Shows’ of meetings tailored exactly to our requirements, and it has given the opportunity to be introduced in growth markets like India, China and the GCC as a lead in the Hay Mountain project and also discuss the long term Mine Finders training program with an objective of developing a full stream of new mineral discoveries in the Arabian Nubian shield.”

“naseba/ Naru’s approach cuts out a lot of time consuming vetting that I don’t have time to engage in. I am in the midst of the finalization of planning Phase 1 drilling at Hay Mountain and working on required permitting. naseba’s team understands that the Hay Mountain land has been the subject of intense professional geologic, geochemical, and geophysical surveys resulting in profound mutually reinforcing anomalies which indicate the presence of an extremely large porphyry copper/gold multi-metallic system including a very large rare earth element anomaly.”

“Drilling is the next step for the project. The funding we seek is for our innovative, efficient Phase 1 drilling program which will tell us if we have positive drill core indicators of a potentially commercially important ore body rivalling in size and grade several of the other mined ore bodies in the area, ranging from the middle of Arizona, south and east into northern Mexico. naseba has promised to bring us together with potential investors who have the desire to get in on the ground floor of, if we are successful, what I believe will be a major mining project that will be active for decades. Assuming Phase 1 shows positive indications, Phase 2 – lasting 3 years and operating 24/7/365 will continue immediately. Cutting edge equipment and methodology will be used, meeting US-SEC engineering report standards and well as Canadian NI- 43-101 requirements. Registered professionals will supervise all operations, and certified assay laboratories will be used for all metal analysis as the company does on all its projects.”

“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA

CEO/Chief Geologist

Liberty Star Uranium & Metals Corp.

Forward Looking Statements

Statements in this news release that are not historical are forward looking statements. Forward-looking statements in this news release include: that the follow up meetings through naseba and with potential partners could lead to large scale funding of Liberty Star’s Hay Mountain Project; that we may obtain a partner for the Hay Mountain project; anomalies on our property indicate the presence of an extremely large porphyry copper/gold multi-metallic system including a very large rare earth element anomaly; and that we can efficiently drill our property if we had sufficient funding.

Factors which may delay or prevent these forward-looking statements from being realized include: our inability to agree with a potential partner on terms of their participation in the Hay Mountain Project or any project; we may not be able to raise sufficient funds to complete our intended exploration or carry on operations; and possible inability to continue drilling due to weather, logistical problems or hazards even if funds are available. Despite encouraging results, there may be no commercial grades of mineralization on our properties. Readers should refer to the risk disclosures in the Company’s recent 10-K and the Company’s other periodic reports filed from time to time with the Securities and Exchange Commission.

Contacts

Agoracom Investor Relations
[email protected]
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers, 520-425-1433
Investor Relations
[email protected]
Follow Liberty Star Uranium & Metals Corp. on Facebook , LinkedIn & Twitter@LibertyStarLBSR

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Virtutone Announces Record Revenues of $15.8 Million for the Month of July

Posted by AGORACOM-JC at 9:35 AM on Wednesday, August 6th, 2014

Sherwood Park, Alberta / August 6th, 2014 / Virtutone Networks Inc. (“Virtutone” or the “Company”) (TSX Venture: VFX.V) is pleased to announce that the Company has generated over $15.8 million in revenue for the month of July.

“Our revenues have been stable for the past 3 months and now with the new line of credit, we are anticipating another jump in revenues this fall” said Jason Allen, Chief Executive Officer of Virtutone. ” Even without the additional line of credit in place, our team was able to generate another record month”

For further information please contact Jason Allen at 780-702-5777.

About Virtutone Networks Inc.

Virtutone Networks Inc. is a technology company based in Sherwood Park and is listed on the TSX Venture Exchange in Canada. The company is a leading supplier of managed telecommunication services, including: Voice over IP services, Fax over IP services, Hosted PBX services, DSL & T1 data circuits, wireless solutions for mobile work forces and SCADA networks, and network management and IT-related products. Additional information can be found on the company’s website at www.virtutone.com.

This document may contain certain forward-looking information or statements (“Forward-looking statements”) as defined under applicable securities legislation that involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks include, without limitation, risks related to: the termination, non-renewal of or default under of any current or new wholesale contracts; changes in the global economy; a failure to negotiate new customer contracts; changes in legislation or the interpretation thereof, particularly in the telecommunications industry. Forward-looking statements are any statements other than statements of historical fact. The use of any “plan” “expect ” “project” “believe” “should” “anticipate” or other similar words or statements that certain events “may” or “will” occur are intended to identify forward-looking statements. In particular, forward-looking statements included in the press release include, without limitation, statements regarding: the impact of the new voice traffic contracts; timing and completion of the transition of new voice traffic; the sustainability of the new revenue stream; increased leverage with suppliers; additional deals currently being worked on and the impact thereof; and negotiations relating to potential new customers. The forward-looking-statements contained herein are based on certain assumptions including, without limitation, assumptions regarding: global economic conditions; changes in laws and regulations; the impact of Virtutone’s new contracts; the market for wholesale telephony services; the maintenance of new and current wholesale contracts; and the ability to add new wholesale clients. Although management believes the expectations reflected in the forward-looking statements contained herein are reasonable, no assurances can be given that any of the events anticipated in forward-looking statements will occur, or, if they do, what benefits Virtutone will derive therefrom. As such readers are cautioned not to place undue reliance on forward-looking statements, which are effective only as of the date of this document or as of the date otherwise specifically indicated herein. Virtutone assumes no obligation to update forward-looking statements, except as required by applicable law. The historical revenue numbers for the new wholesale contracts do not represent estimates of future revenues to be received by the Company. As these contracts do not contain any minimum traffic requirements, revenue generated on such contracts will vary from month to month, and such variations may be material. The Company cannot provide any assurances as to the revenues to be generated by such contracts once the transition is complete.

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

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Next Gen Provides Corporate Update

Posted by AGORACOM-JC at 8:38 AM on Wednesday, August 6th, 2014

-Since March 2014, NextGen has established two 100% owned Subsidiaries ( GreenRush Financial Conferences and GreenRush Analytical Laboratories) and a new Business Unit (GreenRush Business Brokerage)

-GreenRush Financial Conferences held in Vancouver and Toronto exceeded expectations and continues to establish the GreenRush Financial Conference as the premier investment/business conferences in the Medical Marijuana, Industrial Hemp and Alternative Medicine Industries

-Our third conference will be September 23, 2014, in Seattle, Washington

-GreenRush Analytical Laboratories’ management has been working with financial and technical advisors to formulate, consider and propose strategic options that would be in the best interests of NextGen’s Shareholders

-GreenRush Analytical Laboratories’ management is in the process of assessing and selecting initial locations to establish first laboratory facility and have visited and evaluated different locations.

-GreenRush Business Brokerage, when fully operational, will provide business to business brokerage services, Business and analytical valuations, consulting, confidential marketing and assistance from initial due diligence to completion of the final transaction.

-Next Gen’s Management continues to aggressively identify and acquire new businesses within our Industries

Vancouver, British Columbia, Canada TNW-ACCESSWIRE / August 6 2014 / Next Gen Metals Inc. (“Next Gen”, the “Company”) (CSE: N, OTC Pink: NXTTF, FSE: M5BN) is pleased to announce an update on the rapid development of the Company and its activities.

Since February 26th, 2014 that Next Gen Metals announced its plan to diversify into Medical Marijuana, Industrial Hemp and Alternative Medicine space; the company has established two wholly owned subsidiaries, GreenRush Financial Conferences and GreenRush Analytical Laboratories’. On June 23rd, the company announced a new Business unit, GreenRush Business Brokerage, due to enormous amount of businesses that require capital and management expertise within our chosen industries.

Our company has gone through a tremendous expansion in the last five months and outside of our new businesses, we have also added a number of key technical and financial advisors. The Company’s seasoned advisors with their significant experience in the above industries will further strengthen our new businesses.

Update on GreenRush Financial Conferences:

GreenRush Financial Conferences’ vision is to be the premier purveyor of educational and investment conferences for the Medical Marijuana, Industrial Hemp and Alternative Medicine industries. Each conference will feature insightful speakers, government, health and industry specialists, public and private companies, fund managers, bankers, brokers, analysts, media and retail investors who share a common interest in the Medical Marijuana, Industrial Hemp and Alternative Medicine sectors.

GreenRush Conferences are tailored to institutional, high net worth and retail investors with a focus on education and investment in the Medical Marijuana, Industrial Hemp and Alternative Medicine sectors.

Our first GreenRush Financial Conference held on May 7th, 2014 in Vancouver, British Columbia exceeded our expectations. Over 1,500 fund managers, bankers, brokers, analysts, retail investors, interested industry followers and media attended the conference. Over 40 companies exhibited the conference and 28 expert speakers from across North America presented their companies or visions. The conference was covered by major media outlets across Canada the U.S and Europe.

Our Second GreenRush Financial Conference held in Toronto, Ontario also exceeded expectations with over 1200 attendees, over 37 exhibitors and 31 speakers, continues to establish the GreenRush Financial Conferences as the premier investment/business conference in the Industry.

Next Gen also formally invites interested investors, industry participants, stakeholders and exhibitors to our third GreenRush Financial Conference being held in Seattle, Washington in September 2014. We plan to announce our Fall 2014, Winter/Spring 2015 Program within the next 60 days

Companies seeking financing for their projects (business to business) will utilize the GreenRush Financial Conferences as their platform to educate Institutional Investors, Financial Advisors, Accredited and Retail Investors and the general public about their projects, their companies, potential sales from their product lines and related business plans.

 


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We have now set the stage for future conferences. Our next conferences are slated for the Seattle, Washington-fall 2014 and additional conferences would be held in Calgary, Edmonton, Montreal, other U.S cities and Europe in 2014-2015.

Update on GreenRush Analytical Laboratories:

GreenRush Analytical Laboratories’ management has been working with financial and technical advisors to formulate, consider, and propose strategic options that would be in the best interests of Next Gen’s Shareholders with respect to its wholly owned subsidiary, GAL. As part of this process, meetings have been held with several consultants, government authorities and advisors to identify and consider financing and technical solutions that would work best for Next Gen’s stakeholders. We are also in the process of assessing and selecting initial locations and jurisdictions to establish our laboratories. To that end we have visited and evaluated several different locations in British Columbia and Ontario.

A consult company that specializes in the laboratory setup has also been contracted to help establish GreenRush analytical laboratories

GreenRush Laboratories (GAL) is Next Gen’s fully owned subsidiary providing Analytical Analysis for medical-grade cannabis products. GAL will seek to become a certified Analytical Laboratory under the new Marijuana for Medical Purposes Regulations (MMPR) and will establish analytical laboratories equipped to provide product analysis and micro propagation and other professional services to Licensed Producers, distributers, caregivers and Industrial Hemp farmers. Our goal is to provide analytical testing to the cannabis industry to ensure the health and safety of consumers and to maximize the quality of our client’s products.

GreenRush Business Brokerage:

On June 23rd, Next Gen announced that it has established its wholly owned Business unit, GreenRush Business Brokerage (GBB). GreenRush Business Brokerage (GBB) is a business brokerage and advisory and consultancy business unit of Next Gen (CSE: N, OTC Pink: NXTTF, FSE: M5BN).

The Mission of GreenRush Business Brokerage is to broker our growing business inventory utilizing a standard agreement finder’s fee with businesses that require finance to interested parties who can provide Professional Management, Investment Expertise and Venture Capital for the Medical Marijuana, Industrial Hemp and Alternative Medicine business sectors.

GreenRush Business Brokerage (GBB), when fully operational, will provide business to business brokerage services, Business and analytical valuations, consulting, confidential marketing and assistance from initial due diligence to completion of the final transaction.

At GreenRush Business Brokerage (GBB) we constantly solicit and investigate Business Plans and Proposals for the Medical Marijuana, Industrial Hemp and Alternative medicine industries. Management and our corporate advisors are experts in analyzing trends, developments and policies in the above industries.

Our combined management team has over 300 years of experience in managing public and private companies, negotiating complex deals and raising venture capital. We plan to add this expertise to our GreenRush Business Brokerage unit.

About Next Gen

(CSE: N, OTC Pink: NXTTF, FSE: M5BN)

 

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

Next Gen’s business model generates new industry business proposals and plans on a continuous basis. To that end, Management is currently negotiating with a number of companies who are interested in entering into contractual arrangements to co-venture, co-finance, and option-joint venture on one or more of Next Gen’s large inventory of business opportunities and existing 100% owned companies and projects in these multi-billion dollar industries. For further information on the company, visit our website at www.Next Genmetalsinc.com .

On March 20, 2014 Next Gen Metals announced that it had established its first wholly owned subsidiary, a Conference Division that intends to host Canada’s first conferences focused on business to business opportunities, the investment and education in the Medical Marijuana, Industrial Hemp and Alternative Medicine sectors. GreenRush Financial Conferences’ vision is to be the premier purveyor of investment conferences for the Medical Marijuana, Industrial Hemp and Alternative Medicine industries. After two very successful conferences in Canada, management has selected Seattle Washington for its third conference. Seattle was selected due to recent changes in Washington’s laws (see Company’s last press release for more information on why Seattle and why US conferences).

If you are interested in being a speaker, exhibitor or sponsor for future Financial Conferences please submit your indication of specific interest as soon as possible to the GreenRush Financial Conference team as the available spaces are fill up quickly.

On May 6, 2014 Next Gen announced the establishment of its second wholly owned subsidiary GreenRush Analytical Laboratories Inc. GreenRush Analytical Laboratories Inc. will provide analytical testing to the cannabis industry by delivering customized solutions and accurate analytical results and ensure the health and safety of consumers. GreenRush Analytical Laboratories vision is to become a leading Laboratory company focused on servicing the legalized cannabis industry in North America.

Next Gen’s Management’s intention is to invest in a basket of companies within these growing industries. The company’s business model continues to generate new business plans and project submittals 24/7. In light of Next Gen’s vision, Management is evaluating multiple new business plans and industry related proposals on an ongoing basis. Management continues to receive and review numerous proposals including: alternative medicine, health, food, agri-business, legal grow-ops, science and technology, client generation, education, Brokerage and Consultancy Solutions, Public awareness, specialty clinics and ancillary business opportunities. The directors of Next Gen have given management the directive to identify core business opportunities and then to invest in a basket of companies within these emerging sectors.


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For more information on GreenRush Conferences please visit our website at www.greenrushfinancialconferences.com, email us at info@Next Genmetalsinc.com or contact us by phone at (604) 685-1870.
About GreenRush Financial Conferences


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GreenRush Financial Conferences is a wholly owned subsidiary of Next Gen (Public Company, CSE: N, OTC Pink: NXTTF, FSE: M5BN). GreenRush’s vision is to be the premier purveyor of educational and investment conferences for the Medical Marijuana, Industrial Hemp and Alternative Medicine industries.

The conference will feature insightful speakers, government, health and industry specialists, public and private companies, fund managers, bankers, brokers, analysts, and media who share a common interest in the Medical Marijuana, Industrial Hemp and Alternative Medicine sectors. GreenRush Conferences will be tailored to institutional, high net worth and retail investors with a focus on education and investment in the Medical Marijuana, Industrial Hemp and Alternative Medicine sectors.

We would also like to invite the participants, attendees, keynote speakers, industry and investment experts all to attend to our next conferences which are slated for the Seattle, Washington-Fall 2014 with additional conferences in Calgary, Edmonton, Montreal, other US cities and Europe in 2014-2015.

About GreenRush Analytical Laboratories Inc.:

 

GreenRush Laboratories (GAL) is Next Gen’s fully owned subsidiary providing Analytical Analysis for medical-grade cannabis products.

GAL will seek to become a certified Analytical Laboratory under the new Marijuana for Medical Purposes Regulations (MMPR) and will establish analytical laboratories equipped to provide product analysis and micro propagation and other professional services to Licensed Producers, distributers, caregivers and Industrial Hemp farmers.

Our goal is to provide analytical testing to the cannabis industry to ensure the health and safety of consumers and to maximize the quality of our client’s products.

Initial locations are being finalized in British Colombia and Ontario

For further information on GreenRush Analytical Laboratories Inc. please visit us at http://www.greenrushanalyticallabs.com/

About GreenRush Business Brokerage

 

GreenRush Business Brokerage (GBB) is a business brokerage and advisory and consultancy business unit of Next Gen (CSE: N, OTC Pink: NXTTF, FSE: M5BN), GBB is headquartered in Vancouver, British Columbia with satellite offices in Toronto and Rockport, Ontario, and Maui county, Hawaii, USA. GreenRush Business Brokerage unit serves as an intermediary between buyers and sellers of small to medium-size businesses across the Medical Marijuana, Industrial Hemp and Alternative medicine industries.

For further information on GreenRush Business Brokerage Unit please visit us at www.Next Genmetalsinc.com

On behalf of the Board of Directors

“Harry Barr”

Harry Barr

President & CEO

FORWARD LOOKING INFORMATION

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

Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com. This News Release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The CSE has neither reviewed nor approved the contents of this News Release

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Garibaldi Confirms Discovery of Shallow High-Grade System at Silver Eagle Target

Posted by AGORACOM-JC at 6:30 PM on Tuesday, August 5th, 2014

SECOND STAGE OF DRILLING TO COMMENCE IMMEDIATELY

TSXV: GGI
OTC: GGIFF
Frankfurt: RQM

VANCOUVER, Aug. 5, 2014 – Further to its news releases of May 14, 2014, and June 19, 2014, Garibaldi Resources Corp. (TSX.V: GGI) (the “Company” or “Garibaldi”) is pleased to report that several additional diamond drill holes have confirmed the discovery of a shallow, high-grade mineralized system with apparent open-pit potential at the Company’s Silver Eagle target (Rodadero North Project) in central Sonora State, Mexico. A second stage of drilling is starting immediately with SE-14-07 and will continue through the Mexican rainy season.

Highlights:

  • Drilling along almost 100 meters of strike length has returned significant high-grade silver intersections within 50 meters of surface, and mineralization remains open in all directions;
  • SE-14-03 intersected 1,935 g/t Ag (62.2 oz/t) between 4 and 5 meters’ depth while the most recent hole (SE-14-06) – the farthest step-out from previously reported discovery hole SE-14-01 – has produced the widest mineralized intercept to date;
  • Surface sampling at three target areas immediately southeast and east of Silver Eagle has returned high-grade silver (up to 8,000 g/t Ag) in addition to high-grade gold (up to 52.6 g/t Au) as explained further in this update;
  • As Garibaldi commences a second round of drilling at Silver Eagle, the total number of mineralized target areas within the 45 sq. km Rodadero North Project has increased from eight to 11.

Steve Regoci, Garibaldi President and CEO, commented: “The shallowness of this mineralization at Silver Eagle is striking, and that may have important implications as we continue to advance this target and the overall project. The potential scale of the mineralizing system at Rodadero North is evident by the number of ‘hot spot’ signatures defined by our hyperspectral remote sensing data. Follow-up surface sampling of these silicified zones and the excellent drill results at Silver Eagle suggest the possibility that some of these targets may be the collective surface expression of a very robust system.

“Given these exciting developments at Rodadero North, upcoming second stage drilling at the La Patilla Gold Property – another shallow potential deposit – and of course the Grizzly Cu-Au Porphyry Project that we’re vigorously advancing to the drilling stage, this summer through year-end is shaping up to be the most active and dynamic period in our Company’s history.”

Silver Eagle Drilling

Of particular significance, the mineralized zone at Silver Eagle appears to widen to the south. Similar siliceous bodies are exposed for several hundred meters along a ridge to the south.

SE-14-03, collared 25 meters south of SE-14-01, intersected 11.45 meters of 266 g/t Ag including 1,935 g/t Ag (62.2 oz/t) at a depth between just 4.3 and 5.2 meters.

Meanwhile, SE-14-06, collared approximately 85 meters south of SE-14-01, returned a consistent, well-mineralized 24.4 meter section within 46.5 meters of surface, including 262 g/t Ag (8.4 oz/t) and 4.1% Pb over 4.6 meters.

The geometry of the mineralized zone at Silver Eagle is not yet clear after the limited drilling to date. Mineralization appears to be controlled by a steep tabular structure under the wider silicified zone exposed at the surface, but mineralization could also be controlled by a relatively flat lying zone within the silicified “cap”. These possibilities are not mutually exclusive.

This second phase of drilling is designed to test the expansion of the mineralized zone to the south and at depth to the east, as well as test the base of the silicified zone in other areas.

Silver Eagle features excellent road and water access while power lines also run through the target area.

Significant Assay Results – Phase 1 Drilling (First 6 Holes) at Silver Eagle

Hole From (m) To (m) Width (m) Ag (g/t) Ag (oz/t)
SE-14-01 19.50 26.50 7.00 2,010 65.0
includes 19.50 21.50 2.00 68.7 2.2
and 21.50 22.50 1.00 7,633 245.4
and 22.50 26.50 4.00 1,574 51.6
SE-14-02* 0.00 5.00 5.00 106 3.4
SE-14-02A* 0.00 9.00 9.00 144 4.6
includes 0.00 3.00 3.00 269 8.7
SE-14-02B* 0.00 10.63 10.63 115 3.7
includes 0.00 6.80 6.80 171 5.5
SE-14-03 3.05 14.50 11.45 266 8.6
includes 3.05 4.33 1.28 222.9 7.2
and 4.33 5.20 0.87 1,935 62.2
and 5.20 9.90 9.30 116 3.7
SE-14-04 30.20 36.30 6.10 203 6.5
includes 31.20 32.50 1.30 860 27.7
SE-14-06 22.10 46.50 24.40 87 2.8
includes 27.57 46.50 18.93 104 3.3
includes 35.80 40.40 4.60 262 8.4
Above widths are downhole core lengths (431 meters in total was completed) and true width for the drill intercepts remains to be determined. A cut-off of 20 g/t Ag was used for all intercepts. Grades have been converted from g/metric ton to oz/metric ton; conversion to oz/short ton would result in a slightly lower number.
*Holes SE-14-02 and 2A experienced technical issues and were stopped short; only 2B was completed to the target depth.

All holes contained intersections with elevated levels of lead and zinc ranging from anomalous to as high as 6.1% Pb and 2.1% Zn over 1.3 meters in SE-14-04.

Hole SE-14-05 was drilled to offset mineralization in holes SE-14-01 and SE-14-04 to the north. SE-14-05 was drilled at a different orientation than the other holes and cut a zone of silicification but with low silver values. More work is needed to determine the possible orientation of a mineralized body extending to the north.

Updated Maps

An updated Rodadero Project map can be viewed later today by going to the following web site URL:

http://www.garibaldiresources.com/i/maps/Rodadero/RodaderoProjectMap.pdf

A Silver Eagle map showing locations for drill holes SE-14-01 through SE-14-06, along with the updated Rodadero Project map, will be available later today in the Mexico section under “Rodadero” at GaribaldiResources.com

Surface Sampling Returns High-Grade Silver and Gold Near Silver Eagle

Distinct from the two most northern targets La Guata and Batuc at Rodadero North, a group of eight targets strike to the south, southeast and east of Silver Eagle. This cluster, which includes new targets La Tortuga, Reales and La Estrella, is situated within a 30 sq. km area forming the lower two-thirds of Rodadero North, and exhibits common mineralogical features.

Initial sampling prior to drilling at Silver Eagle consistently returned high-grade silver exclusively (see June 19, 2014 news release), whereas sampling at La Tortuga, Igualama and La Fortuna has encountered both high-grade silver and high-grade gold. Of a total of 218 samples from those areas, 24 returned silver values greater than 200 g/t while 17 returned gold values of 3 g/t or more. Assays ranged from below detection to as high as 8,000 g/t Ag and 52.6 g/t Au from selected vein and dump samples. The average values for all samples were 121 g/t Ag and 0.98 g/t Au, respectively.

Reales, immediately to the south of Silver Eagle (within 1,000 meters), gave very encouraging hyperspectral signatures and shows areas of silicification similar to those seen at Silver Eagle.

Data from Reales and other target areas are being received and interpreted, and the Company looks forward to releasing additional results in the near future. The relationships among all the targets identified so far at Rodadero North are a focus of the ongoing exploration program.

By the nature of the biases of sampling, the above sampling results are not necessarily representative of mineralization at Rodadero North in general or, specifically, within the zones, structures or geological features that were sampled.

Cautionary Note

While Garibaldi is highly encouraged by these initial drill results and other data collected at Silver Eagle and elsewhere at Rodadero to date, there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in any of the targets being delineated as a resource.

Quality Assurance & Control

Garibaldi maintains strict QA-QC protocols for all aspects of its exploration programs that include the systematic insertion of blanks and standards into each sample batch. Acme Labs (now part of the Bureau Veritis group that includes BSI Inspectorate) performed assay analyses on core reported in this release, and ALS Global (formerly ALS Chemex) performed analyses on rock samples. All samples were assayed using certified and industry standard assay techniques for gold and multi-element packages for other elements and for over-limits. Au was analyzed by 30 or 50 gram fire assay with an atomic absorption finish, and other elements were analyzed by multi-element ICP. Samples in excess of 1,500 g/t Ag were analyzed by gravimetric methods.

Qualified Person

Dr. Craig Gibson, Certified Professional Geologist and a director of Garibaldi, is a non-arms length Qualified Person for the Company’s Mexico projects and the direct manager of the technical programs operated under contract by Prospeccion Y Desorrollo Minera del Norte (ProDeMin). Dr. Gibson has reviewed this news release and approved the content thereof.

About Garibaldi

Garibaldi Resources Corp. is an active Canadian-based junior exploration company focused on creating shareholder value through discoveries and strategic development of its assets in some of the most prolific mining regions in Mexico and British Columbia.

We seek safe harbor.

GARIBALDI RESOURCES CORP.

Per: “Steve Regoci”
Steve Regoci, President

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

SOURCE Garibaldi Resources Corp.

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Additional Expressions of Interest in Liberty Star’s Copper-Gold-REEs Hay Mountain Project, Southeast Arizona and Uranium Assets at North Pipes, Arizona

Posted by AGORACOM-JC at 1:24 PM on Tuesday, August 5th, 2014

TUCSON, Ariz.–Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”) (OTCQB: LBSR) is pleased to announce that one international mining entity and three domestic investing groups have expressed interest in continuing due diligence and possible negotiations for financing Phase 1 drilling, on the Company’s Hay Mountain Project in Cochise County, southeast Arizona. Another company has expressed an interest in the North Pipes Project for uranium and other minerals in northern Arizona. In all cases, these are preliminary expressions of interest but these discussions are underway.

Liberty Star’s Hay Mountain Project (13.45 sq. miles) is located 15 miles northwest of the Bisbee Mining District and shares geologic traits with that area as direct similarities. Hay Mountain has direct similarities to other nearby Arizona porphyry copper deposits as well, including the Mission Pima Mine (ASARCO) which was discovered by drilling into a strong magnetic anomaly like the anomaly over the geochemical anomaly at Hay Mountain, the Silver Bell Mine (ASARCO), the Christmas Mine, the nearby Johnson Camp (Nord Resources), the I-10 porphyry copper, and the recently announced Hermosa Project mine south of Tucson (Wildcat Silver). A successful discovery was recently announced using the almost exact procedures (geochem followed by ZTEM and drilling) at the Balboa porphyry copper at the Cobre Panama Project in central Panama.

Hay Mountain Exploration highlights include:

  1. Geochemical anomalies indicative of a covered porphyry copper-gold-silver-moly mineral zone (NR 104)
  2. Geochemical testing indicative of a large (7 to 9 square mile) rare earth elements anomaly (NR 122)
  3. Ten target areas mapped via data provided by ZTEM geophysical/electromagnetic surveys (NR 170)
  4. A technical report recommending a phased drilling program
  5. Budgets and plans call for Phase 1 drilling at a budget of $6.5 million, followed on success of Phase 1 by a Phase 2 drilling program – $59 million of three years duration (24/7/365) to define an economic mineral zone.

Comments Jim Briscoe, Liberty Star’s CEO/Chief Geologist: “We have been very busy working on the follow-up from my Middle East travels (NR 183) and working on permitting. Now I have additional interested parties to talk to. The Hay Mountain Project is ready for drilling once we can obtain full financing for Phase 1 drilling. We haves plans set in place to fully mobilize for our innovative, cost efficient and environmentally sensitive drilling program as soon as we receive sufficient funding. We will also be working aggressively to finalize a draft agreement for the North Pipes uranium program.”

“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.

Forward-Looking Statements

Statements in this news release that are not historical are forward-looking statements. Forward-looking statements in this news release include that the Hay Mountain Project is ready for drilling once we can obtain full financing for phase 1 drilling; that we can fully mobilize for our innovative, cost efficient and environmentally sensitive drilling program as soon as we receive sufficient funding; and that we will also be working aggressively to finalize a draft agreement for the North Pipes uranium program. Factors which may delay or prevent these forward-looking statements from being realized include: the failure of our proposals to be accepted; we may not be able to raise sufficient funds to complete our intended exploration, keep our properties or carry on operations; and an inability to continue development due to weather, logistical problems, labor or equipment problems or hazards even if funds are available. Even if our proposal is accepted, we may not be able to carry out project development as contemplated. Despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures in the Company’s recent 10-K and the Company’s other periodic reports filed from time to time with the Securities and Exchange Commission.

Contacts

Agoracom Investor Relations
[email protected]
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers, 520-425-1433
Investor Relations
[email protected]
Follow Liberty Star Uranium & Metals Corp. on Facebook, LinkedIn & Twitter@LibertyStarLBSR

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Lexaria Announces Corporate Update

Posted by AGORACOM-JC at 8:31 AM on Tuesday, August 5th, 2014

Kelowna, British Columbia–(August 5, 2014) – Lexaria Corp. (OTCQB: LXRP) (CSE: LXX) (the “Company” or “Lexaria”) is announces that it is in the process of making all the cash and stock payments required to secure its lease of the Burlington marijuana production facility to Dec 9, 2014. This includes the issuance of 91,662 restricted common shares to the building owner as Lexaria’s portion of the lease costs.

As earlier announced, the Burlington joint venture with Enertopia Corp has received municipal approval. The Lexaria/Enertopia joint venture is for a building of approx 75,000 sq ft in total potential space available. Additional lease payments will be required after Dec 9, 2014. Progress on the joint venture continues to be made and Lexaria will report new developments soon, as they are finalized.

Separately, the Company has issued 82,031 restricted common shares to Agora Internet Relations Corp, for a quarterly payment as per an agreement originally announced in March, 2014.

Although the share issuances disclosed herein are not large, Lexaria has a policy of informing investors on every occasion when shares are issued, as changes to the Company’s capital structure are material events. It is important that shareholders have the most current information possible, and this is part of Lexaria’s continuous efforts at full transparency. After these shares are issued, Lexaria will have 32,998,357 shares issued and outstanding.

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

About Lexaria

Lexaria’s shares are quoted in the USA with symbol LXRP and in Canada with symbol LXX. The company searches for projects that could provide potential above-market returns.

To learn more about Lexaria Corp. visit www.lexariaenergy.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Lexaria Corp. Chris Bunka, CEO: (250) 765-6424
Clark Kent, Media Inquiries: (647) 519-2646

FORWARD-LOOKING STATEMENTS

This release includes forward-looking statements. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors but they include and are not limited to the existence of underground deposits of commercial quantities of oil and gas; cessation or delays in exploration because of mechanical, weather, operating, financial or other problems; capital expenditures that are higher than anticipated; or exploration opportunities being fewer than currently anticipated. There can be no assurance that road or site conditions will be favorable for field work; no assurance that well treatments or workovers will have any effect on oil or gas production; no assurance that oil field interconnections will have any measurable impact on oil or gas production or on field operations, and no assurance that any expected new well(s) will be drilled or have any impact on the Company. There can be no assurance that expected oil and gas production will actually materialize; and thus no assurance that expected revenue will actually occur. There is no assurance the Company will have sufficient funds to drill additional wells, or to complete acquisitions or other business transactions. Such forward looking statements also include estimated cash flows, revenue and current and/or future rates of production of oil and natural gas, which can and will fluctuate for a variety of reasons; oil and gas reserve quantities produced by third parties; and intentions to participate in future exploration drilling. Adverse weather conditions including but not limited to surface flooding can delay operations, impact production, and cause reductions in revenue. The Company may not have sufficient expertise to thoroughly exploit its oil and gas properties. The Company may not have sufficient funding to thoroughly explore, drill or develop its properties. Access to capital, or lack thereof, is a major risk and there is no assurance that the Company will be able to raise required working capital. Current oil and gas production rates may not be sustainable and targeted production rates may not occur. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company’s public announcements and filings. There is no assurance that the medical marijuana business will provide any benefit to Lexaria, and no assurance that any proposed new facility will be built or proceed, nor that municipal or Health Canada regulatory approvals will be obtained. There is no assurance that any municipality where proposed facilities are located will retain its approval for a medical marijuana production facility. The Company is not currently growing or selling medical marijuana.

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

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Enertopia Provides Corporate Update

Posted by AGORACOM-JC at 8:07 AM on Tuesday, August 5th, 2014

VANCOUVER, BC /August 5, 2014 / Enertopia Corporation (ENRT-OTCBB) (TOP-CSE) (the “Company” or “Enertopia”) announces the following corporate update.

With the recent success of the Burlington municipal approval the Company is pleased to announce it has issued 118,416 shares to 1475714 Ontario Inc. as required under the building lease agreement for its base share of lease costs for the remainder of 2014 under the Lease agreement. The Company and its JV partner Lexaria Corp will have a project update in the coming weeks.

The Company is currently reviewing opportunities in the oil & edibles, and industrial hemp markets across North America, as it looks to broaden its opportunities for multiple streams of revenue.

The Company has also engaged Neil Blake to help out with our Investors Relations outreach.

The Enertopia website has been updated to reflect the company’s growing focus on patient well being as the investment community grows in its understanding of the importance of Medical marijuana and the importance of natural CBD medication, please visit www.enertopia.com

Follow Enertopia:

Twitter: www.twitter.com/EnertopiaCorp

Facebook: www.Facebook.com/EnertopiaCorp

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

About Enertopia

Enertopia’s shares are quoted in Canada with symbol TOP and in the United States with symbol ENRT. For additional information, please visit www.enertopia.com or call

Ken Faulkner, Business and Institutional Development: (250) 765-3630

Clark Kent, Media Inquiries: (647) 519-2646

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

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

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