Agoracom Blog Home

Posts Tagged ‘#smallcapstocks’

« Older Entries
Newer Entries »

Virtutone Announces New $10 Million USD Line of Credit With a Tier One U.S. Bank

Posted by AGORACOM-JC at 1:07 PM on Monday, July 21st, 2014

Sherwood Park, Alberta / July 21st, 2014 / Virtutone Networks Inc. (“Virtutone” or the “Company”) (TSX Venture: VFX.V) is pleased to announce that it has secured a new $10 million line of credit with a tier one U.S. bank.

The line of credit is a one-year renewable term at a rate of prime plus 1.5% per annum. The facility is based on 85% of good accounts receivable.

“This new facility will significantly increase our revenues and goes a long way to helping us meet and potentially exceed our financial projections for this year,” said Jason Allen, Chief Executive Officer. “It will also substantially lower our cost of capital and therefore help drive profitability. We see a lot of attractive business that, prior to obtaining this line, we were unable to land, so we will have no trouble deploying this capital to the benefit of our shareholders.

“We are pleased to be working with this new bank, which understands our business and is willing to work with us to grow it. Although it took longer than we expected to find the right lending partner, finding this one has made the wait worthwhile.”

With this new line of credit, the Company has declined the previously announced $7.5 million credit facility on November 1st, 2013, as the cost of the capital was very high, and had restrictive terms. The Company required a larger and more long-term partnership providing the Company with more flexibility and a lower cost of capital.

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 wholesale telecommunication services, serving as an intermediary between large carriers and local telephone companies in many countries worldwide. Over the years, Virtutone has built lasting and secure business relationships with a number of key strategic partners.

We pride ourselves in providing unsurpassed service to customers and suppliers worldwide. Our customers choose us for three primary reasons: quality voice services, competitive rates, and superior customer service.

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.

Tags: , , , ,
Posted in Virtutone Networks | Comments Off on Virtutone Announces New $10 Million USD Line of Credit With a Tier One U.S. Bank

Toronto opens first referral-only medical marijuana clinic

Posted by AGORACOM-JC at 11:26 AM on Monday, July 21st, 2014

BLAKE WOLFE | QMI AGENCY

TORONTO – Inside a brand-new medical clinic near the intersection of Yonge St. and Eglinton Ave., a patient walks up to the counter following his appointment.

An employee stands with him, offering advice on the man’s new medication.

“Be sure to grind it well before putting consuming it,” the staffer says. “You want it fluffy like dryer lint. Fluffy is your friend when it comes to vaporizers.”

The patient thanks him for the advice and heads out the door.

It’s a normal exchange at the Cannabinoid Medical Clinic — CMClinic for short — Toronto’s first referral-only medical marijuana clinic.

It was a busy first week for executive director Dr. Danial Schecter and his staff after officially opening the clinic’s doors on July 14 and seeing dozens of the approximately 700 patients on the wait list. Talk of additional clinics in Canada is already taking place, Schecter says.

The clinic opened in the wake of new federal regulations regarding medical marijuana use. The rules, which came into effect on April 1, require that patients procure their stash from an approved supplier with a doctor’s prescription.

Schecter, who learned of marijuana’s medical effects while studying at the University of Montreal, set up the Toronto clinic after successfully using the plant to treat several patients at his former practice near Georgian Bay.

“I had a patient who suffered from anxiety so badly that he literally flapped when he walked into my office,” recalled Schecter, adding that the man self-medicated with alcohol and was afraid to consume marijuana for fear of returning to prison. “I saw his treatment as a success, and when the new regulations were announced, it was an opportunity to help many more people.”

Despite criticism from some doctors and health organizations about the lack of evidence for marijuana’s medical benefits, Schecter said he hopes to change that perception by contributing to the emerging field through his work at the clinic. He explained that in his experience, family doctors fall into three categories:

The 10% who are firmly opposed to the medical use of weed, another 10% who are open to the concept but cautious, and the 80% who are willing to prescribe it as a last resort for patients who have tried everything else.

“This is something that’s talked about for maybe five or 10 minutes in medical school,” Schecter mused. “The research done here will allow us to make a solid contribution to a novel field of medicine. I’m trying to educate the skeptical physicians and help that 80% (willing to prescribe marijuana).”

While other marijuana clinics have recently sprung up in Toronto, Schecter is quick to point out that CMClinic is referral-only and is covered through OHIP, similar to other medical specialists that a patient may be referred to by their family doctor.

Clinic spokesman Bridget Best said the facility operates more as a referral and educational centre for doctors and patients who may need assistance in learning about the various forms that cannabis can take as well as the myriad consumption methods.

Schecter said that as opposed to the typical recreational user who may consume mass quantities of weed due to tolerance of the drug, his patients often manage their pain by using less than a gram per day.

While patients are free to consume marijuana in whichever way they choose, the clinic sells vaporizers (which create marijuana vapour instead of smoke) as opposed to typical head shop fare like glass pipes and bongs.

No marijuana is stored on site, Best said.

Pursuing a medication more often associated with recreational and illicit consumption is often a last resort for most of the clinic’s patients — many of whom hail from various points across the GTA and southern Ontario, while others still have inquired from as far away as Germany and Panama.

Schecter, who said that he tries to avoid prescribing pot to anyone under 25 due to the inconclusive effects of the drug on the growing brain, deals predominantly with patients in “chronic pain,” ranging from those suffering with the lingering effects of accidents and chemotherapy to those requiring palliative care.

Travelling to the clinic from Bowmanville, patient Bob Landry recalled the 2011 traffic accident that left him with lingering pain and headaches. While Landry said that he has successfully used marijuana to treat his condition after traditional prescription drugs proved either ineffective or unthinkable, he sought out the clinic to help with proper dosages.

“I tried normal painkillers first, then my doctor offered me Oxycontin — I refused,” Landry said, explaining that his cousin had died from the controversial drug. “I believe this is the solution. I prefer to acquire it legally and, this way, I know what I’m getting.

“I hope to one day return to my normal activities.”

Source: http://www.sunnewsnetwork.ca/sunnews/canada/archives/2014/07/20140720-162102.html

Tags: , , ,
Posted in Enertopia Corp., Lexaria Corp., Medical Marijuana Stocks, Next Gen | Comments Off on Toronto opens first referral-only medical marijuana clinic

Liberty Star Update: naseba Hosted Middle East Trip to Make Presentations, Hay Mountain/Mine Finders

Posted by AGORACOM-JC at 9:39 AM on Monday, July 21st, 2014

TUCSON, Ariz.–Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”) (OTCQB: LBSR) is pleased to give an update of the recently concluded Middle East roadshow hosted by Naru Capital (“Naru”), a division of naseba. Company CEO/Chief Geologist Jim Briscoe presented Liberty Star’s premiere property Hay Mountain Project (“Hay Mountain”) in conjunction with the Mine Finders training program (NR 177). All ten meetings were successful with requests for additional information including confidentiality/non-disclosure agreements, project details and specific proposals. It is anticipated that from these meetings the Company can proceed to a memorandum of understanding (MOU) and or a letter of intent (LOI) with the final objective, an executed contract funding the Hay Mountain Project with or without the Mine Finders program. Briscoe’s summary of events:

“The roadshow started in Saudi Arabia (SA) Sunday (a work day) June 22 and was complete after visiting senior executives of 10 large organizations in three different countries in five cities and concluded on Friday evening, June 27. The meetings were conducted in Dammam, Riyadh, and Jeddah, Saudi Arabia, Muscat, Sultanate of Oman, and Istanbul, Turkey.

Naru Capital functions as a deal originator for investors in the growth markets with an unbiased approach to sourcing potential investment targets.

They have developed relationships with a network of qualified investors including private investors, sovereign wealth funds, financial institutions, state owned enterprises, educational institutions, natural resource investment companies, private equity firms and capital advisory firms across the growth markets. Their dedicated investor analysts leverage their extensive knowledge and match the needs of the investors with the specifics of the project. Naru’s reach in the liquid emerging markets has led to a database containing over a million contacts with areas of expertise including capital markets, energy, health care, and natural resources (our category).

From their list of investor clients Naru determines what entities are a match for the client’s project. They start with hundreds of potentials and screen them over a period of months. It involves an extensive search for just the right matchup between the client (Liberty Star) and the objectives and financial capability of the investor and includes extensive targeted vetting. Only a few finalists are chosen – in our case 10 entities.

Meetings are arranged between the client (Liberty Star) and the potential investor, the business case is presented in a personal one on one meeting.

After the presentation Naru provides a debrief report and an action plan for Liberty Star with input from the investors.

For each investor met with a positive response, Liberty Star will send a confidentiality, non-compete agreement (CA), a proposed deal, a letter of intent (LOI), a memorandum of understanding (MOU) and then, after an agreement has been hammered out, an executable contract. Of course after the CA has been signed Liberty will disclose all information on the project to the potential funder.

As a result of our presentations, all parties have responded positively and would like further documents and information.

We are currently working on preparation of documents. We are preparing thank you notes, confidentiality/non-disclosure/non-compete agreements, background data, and business plans and proposals for the Hay Mountain Project and the Mine Finders program, and are preparing letters of intent and memoranda of understanding, which we believe will lead to one or more investments in our proposals.”

“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 all our planned drilling program and our planned route to access partners or funding sources. 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 attract any partners or funding sources through the intended routes; 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 exploration due to weather, logistical problems, labor or equipment problems or hazards even if funds are available. Even if we find a partner, we may not be able to reach agreement or carry out the development program 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.

Follow Liberty Star Uranium & Metals Corp. on Facebook , LinkedIn & Twitter @LibertyStarLBSR

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]

Tags: , , , , ,
Posted in Liberty Star Uranium and Metals | Comments Off on Liberty Star Update: naseba Hosted Middle East Trip to Make Presentations, Hay Mountain/Mine Finders

Robix Appoints Former Newfoundland and Labrador Environment Minister Kevin Aylward as Strategic Advisor and Announces Shares for Debt Settlement

Posted by AGORACOM-JC at 7:20 AM on Monday, July 21st, 2014

LETHBRIDGE, ALBERTA–(July 21, 2014) – Robix Alternative Fuels Inc. (“Robix” or the “Corporation”) (CSE:RZX) announced today that it has appointed Kevin Aylward as a strategic advisor to the Corporation. Mr. Aylward has significant experience and expertise in regulatory and environmental affairs, government relations, investor relations and media relations. Having served as Minister of the Environment with the Government of Newfoundland and Labrador under Premier Brian Tobin, Mr. Aylward brings a wealth of contacts and a comprehensive understanding of the environmental issues facing the country, especially as it pertains to coastal regions. During his tenure as Minister of the Environment, the Government of Newfoundland and Labrador cultivated an offshore oil and gas industry that balanced wealth generation for the Province with preservation and protection of the ocean and Newfoundland coast. His experience has enabled him to develop extensive expertise in negotiations/mediation both in the Public and Private Sector. In addition, Mr. Alyward is currently the President and CEO/Director of NWest Energy Corporation, a TSX-V listed company.

“As a successful businessman and advocate for the environment, Kevin is very much aware of the need to balance sustainability with the ever increasing demand for energy,” commented Nathan Hansen, President and CEO. “We are delighted to welcome him as an advisor to Robix and I look forward to working with him in the coming months as we prepare to unveil our first commercial COV unit. I believe Kevin’s guidance and experience will be invaluable to the Company at this stage of our development.”

In addition, Robix intends to settle outstanding indebtedness of $510,000 through the issuance of 680,000 common shares of the Corporation at a deemed price of $0.75 per common share (the “Debt Settlement”). The common shares issued in connection with the Debt Settlement will be subject to a four month hold period.

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 company 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

Tags: , , , ,
Posted in Robix Alternative Fuels | Comments Off on Robix Appoints Former Newfoundland and Labrador Environment Minister Kevin Aylward as Strategic Advisor and Announces Shares for Debt Settlement

Xylitol Canada Inc. Announces Results of Annual General and Special Meeting of Shareholders

Posted by AGORACOM-JC at 3:46 PM on Friday, July 18th, 2014

TORONTO, ONTARIO–(July 18, 2014) – Xylitol Canada Inc. (“Xylitol Canada“, or the “Company“) (TSX VENTURE:XYL) is pleased to announce the successful completion of its annual general and special meeting held on July 17, 2014 (the “Meeting”).

The Company had 31.5% of its issued and outstanding common shares represented at the Meeting either in person or by proxy. At the Meeting, shareholders voted to approve the Company’s stock option plan, which is done annually, and also approved the re-appointment of MNP LLP as auditors of the Company for the ensuing year. In addition, shareholders appointed the following directors to the board of directors of the Company to hold office until the next annual shareholder’s meeting or until a successor is elected: Andrew Reid, Tom Kierans, Roger Daher, and Horst Hueniken.

Xylitol Canada is also pleased to announce an investor relations liaison at its offices in the United States. All investor inquiries can be submitted to Xylitol USA, Inc. at [email protected], toll free at 1-866-948-1999, or directly at 303-991-1999.

ABOUT XYLITOL CANADA INC.

Xylitol Canada markets xylitol and xylitol based-products and is focused on becoming a major low-cost manufacturer of xylitol and related products, serving the global market from operations in North America. Xylitol Canada’s business strategy is to leverage novel proprietary technology and processes to become North America’s premier manufacturer of low cost, high quality xylitol from readily available environmentally-sustainable biomass. Xylitol is an natural sweetener which is marketed globally including Canada and the United States and is accepted by the American Food and Drug Administration, the World Health Organization and the American Dental Association. Xylitol contains 75% less carbohydrates and 40% less calories than sugar, has a myriad of oral health benefits including the prevention of tooth decay and is safe for diabetics. To date, wider spread use of xylitol has been limited by the lack of a reliable, low cost, high quality supplier. Through its product division, Xylitol Canada services customers such as Loblaws, Whole Foods, Costco Wholesale, and other North American retail accounts.

Neither TSX Venture Exchange Inc. 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.

Investor Inquiries
Xylitol USA, Inc.
Toll Free: 1-866-948-1999
Directly: 303-991-1999
[email protected]

Xylitol Canada Inc.
Andrew Reid
President and CEO
(416) 288-1019
[email protected]

Tags: ,
Posted in Xylitol Canada | Comments Off on Xylitol Canada Inc. Announces Results of Annual General and Special Meeting of Shareholders

AGORACOM Welcomes Uragold Bay Resources (UBR: TSX-V) A leader in High Purity Quartz Exploration in Quebec, Also Developing Quebec’s First Placer Gold Mine

Posted by AGORACOM-JC at 10:41 AM on Friday, July 18th, 2014

UBR: TSX-V

Why Uragold Bay Resources?

  • High Purity Silica (HPS) and Silicon Metal which is used in large part in the aluminum industry
  • Has become one of today’s key strategic minerals with applications in high-tech industries that include semiconductors, LCD displays, fused quartz tubing, microelectronics, solar silicon applications and recently, Silicon Anode Lithium Batteries

Uragolds business model focuses on developing low-risk, low-cost gold mining operations while exploring on core properties that hold the potential of discovering world class gold deposits. The Company’s properties are located in Canada in the Appalachian region of the province of Quebec. The properties benefit from extensive historical exploration work and from well-established infrastructure thereby helping to reduce exploration risks.

Developing Quebec’s First Placer Gold Mine

 

 

 

 
Beauce Placer Gold Project is located in the municipality of Saint-Simon-les-Mines in the Beauce region of southern Quebec. The project has all the required environmental permits to start its operations, and is in the final stage for obtaining a 20 year mining lease for a placer gold mining operation. It will be Quebec’s first placer mine in 50 years.

The Company declared inferred resource of 23,000 oz. AU (741,000 m3 @ 0.97 g Au/ m3) on the Rang Chaussegros section. The importance of the nugget effect on the project potential is such that gold recovery could be between 23,000 (741,000 m3 @ 0.97 g Au/ m3) and 140 000 ounces (741,000 m3 @ 5.9 g Au/ m3), as per data derived from the historical mining figures.;

Developing an open pit gold mine in the Beauce

In April 2014, Uragold singed a definitive option agreement with Golden Hope Mines (“GNH”) concerning the advancement of the Bellechasse-Timmins (BT) Gold Deposit into a producing mine.

In August 2012, GNH published a resource estimate of an indicated resource of 313,900 ounces gold (2.9 million tonnes grading 3.36 g/t Au) and an inferred resource of 102,000 ounces gold (2.17 million tonnes grading 1.46 g/t Au) using a cut-off grade of 0.60 g/t. Furthermore, GNH’s many bulk-sampling campaigns revealed extensive areas of surface mineralization averaging approximately 3 g/t Au. Notable were sampled areas averaging up to 10 g/t Au (Trench 09A).

The Beauce Placer property and the Golden Hope Mines’ Bellechasse-Timmins (BT) Gold Deposit (which are both ‘nuggety’ type deposits) are located within Magog Group sediments. It should be noted that the Beauce gold project has a thick till in contrast to the Bellechasse-Timmins (BT) Gold Deposit where most of the till has been eroded away and exposed the outcrops. This suggests that both the Beauce and the Bellechasse/ Timmins deposits are genetically related – the Beauce being a placer deposit derived from an unknown Bellechasse/ Timmins type deposit.

Under the terms of the Option Agreement, Uragold will be responsible for obtaining all required permits, approvals, and documentation associated with going into production, in return for a 30% interest in the property. Uragold will then have 120 days to obtain project financing, which, if successful, will earn it a further 20% interest, giving Uragold a 50% interest in the B-T deposit. The companies will then form a Joint Venture (JV) for the operation of the mine, with Uragold serving as operator. GNH will have a carried interest into production, and will receive a 50% Net Proceeds Royalty (“NPR”) on the gold produced.

  • 38,000 meters drilled, 2010 to 2012
  • Gold Recovery:
    • Gravity separation up to 92%
    • Total gold (gravity + cyanidation) 99%
  • Less than 1% Bellechase-Belt explored
  • Located in the municipality of Saint-Magloire, in the Beauce region of Quebec
  • 1 ½ hour drive south of Quebec City
  • 3 ½ hours from Montreal
  • Accessible year round on all paved roads, close to urban infrastructures

Moe River Gold Property

The Moe River Property is located in the southwestern part of the Quebec Appalachians in the Eastern Townships region of the Province of Quebec.

The gold bearing gravels of the Moe river valley has attracted prospectors since the 1900. Between 1958 and 1962, Tamara Mining Limited worked in the Moe River area, under the direction of G. A. Blair, P.Eng. Blair defined a historical resource based on the volume of gravels in the terraces along the river. He concluded that there were between 45 to 48 million cubic yards of material in all of the terraces containing a total of 400,000 ounces of placer gold.

12 Month Stock Chart

Tags: , , ,
Posted in AGORACOM Clients (New), URagold Bay Resources | Comments Off on AGORACOM Welcomes Uragold Bay Resources (UBR: TSX-V) A leader in High Purity Quartz Exploration in Quebec, Also Developing Quebec’s First Placer Gold Mine

Medical Marijuana on BTV Headlining Abattis, Lexaria, Endexx, & Affinor Growers

Posted by AGORACOM-JC at 2:20 PM on Thursday, July 17th, 2014

Vancouver, British Columbia–(July 17, 2014) – BTV-Business Television goes on location to bring investors expert analyst commentary and stories on emerging companies for their portfolio.

Watch our investment show on TV and online to gain market insight: Full Episode

Please visit:
http://www.b-tv.com/the-btv-show/episodes.html?id=230

On BNN and FOX Business News Network on Sun July 20, 2014 – on National TV, BTV-Business Television showcases the following companies:

Abattis Bioceuticals Corp. (OTCQX: ATTBF) (CSE: ATT) – capitalizing on the growing trend toward marijuana legalization in the US and Canada by supplying and partnering with companies to employ its mass cultivation systems, extraction equipment/technology, and marketing support to licensed growers. Video(http://www.b-tv.com/features/watch-now.html?id=602)

Lexaria Corp. (OTCQB: LXRP) (CSE: LXX) – BTV visits this early adapter that’s already received municipal approval in Ontario for their first medical marijuana production facility. Video (http://www.b-tv.com/features/watch-now.html?id=603)

Endexx Corp. (OTCPINK: EDXC) – supporting the cannabis industry through technology services and compliancy platforms. Video (http://www.b-tv.com/features/watch-now.html?id=604)

Affinor Growers (CSE: AFI) – automating the food production systems in Canada and the US and endeavoring to get into the medical marijuana market. Video (http://www.b-tv.com/features/watch-now.html?id=605)

And commentary from:

Alan Brochstein – Analyst, 420Investor on what to check in cannabis companies: video (http://www.b-tv.com/i/videos/AlanBrochsteinEp297_1.wmv). Cannabis trends: video (http://www.b-tv.com/i/videos/AlanBrochsteinEp297_2.wmv). Technology in marijuana space: video (http://www.b-tv.com/i/videos/AlanBrochsteinEp297_3.wmv). Marijuana stocks: video (http://www.b-tv.com/i/videos/AlanBrochsteinEp297_4.wmv).

Horst Hueniken – President, Dundee Agricultural Corp. on medical marijuana sector: video (http://www.b-tv.com/i/videos/HorstHuenikenEp297_1.wmv). Technology in cannabis space: video (http://www.b-tv.com/i/videos/HorstHuenikenEp297_2.wmv).

BTV, a half-hour weekly business news program, profiles emerging companies across Canada and the USA to bring investors information for their portfolio. With Host Taylor Thoen, BTV features companies at their location, interviews the company’s key executives and features their business.

BTV BROADCAST TIMES:
CANADA: BNN – Sunday, July 20 @ 9:30am & 8:00pm EST
Bell Express Vu – Sunday, Jun 20 @ 9:30am & 8:00pm EST

U.S. National: Fox Business News – Sunday, July 20 @ 5:00pm EST
America One – Saturday, July 19 @ 10am EST
Biz Television Network – Thurs. Jul 24 @ 10:00pm & 1:00am EST and Sun Jul 27 @ 12:30pm, 9:00pm & 12:00am EST

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

Tags: , , ,
Posted in Lexaria Corp. | Comments Off on Medical Marijuana on BTV Headlining Abattis, Lexaria, Endexx, & Affinor Growers

Newnote Retained to Develop Worlds First Net Smelter Return Silver Backed Crypto-Currency

Posted by AGORACOM-JC at 9:06 AM on Thursday, July 17th, 2014

Vancouver, British Columbia – Newnote Financial Corp. (the “Company” or “Newnote”) (CSE: NEU; FSE: 1W4) is pleased to announce it has been retained by Silver Phoenix Resources Inc. (CSE: SP) to develop the worlds first Net Smelter Return (NSR) backed crypto-currency.

Net Smelter Return (NSR) is the net revenue (total revenue minus production costs) that the owner of a mining property receives from the sale of the mine’s metal/non metal products less transportation and refining costs. As a royalty it refers to the fraction of net smelter return that a mine operator is obligated to pay the owner of the royalty agreement. The royalty is paid in variable or fixed payments based on sales revenue received by a mining operator in return for mining output. It is contingent only on the sales price and quantity of product sold.

The new digital currency going by the name of “Silverbits” will be represented by the Net Smelter Return against Silver Phoenix’s River Jordan Property for 5 millions ounces of silver. Silver Phoenix will pre-mine 20,000,000 Silverbits which will be released for sale over 3 to 4 years as funds are needed for exploration and acquisitions. The Silverbits would be redeemable from Silver Phoenix once production started; however, there would be no guarantee the property would go into production.

William Murray, Silver Phoenix President & CEO states: “It is time the mining sector started looking at other alternatives for raising funds. One of which would be to monetize their deposits and bypass the banks. Forced hedging by the banks is an example of how they keep the metal prices down. Crypto-currencies could be one way investors benefit directly.”

Paul Dickson, President and CEO states: “Junior exploration companies are facing difficult times in raising capital to further explore their properties. Silver Phoenix’s forward thinking is an excellent example of how technology and innovation can be utilized in traditional business sectors to improve access to capital.”

As one of the leaders in the crypto-currency sector, Newnote specializes in the custom development of virtual currencies based on the criteria and specific needs of its clients. Newnote can be retained to develop new digital currencies which include a full range of utilities such as Linux, Windows, Mac OSX and Android Wallets and Block Chain ledger for tracking transactions. Newnote offers complete end-to-end consulting, development, deployment and maintenance of the client’s new digital currency as well as a listing on our proprietary trading platform “Puretrade” if requested.

About Silver Phoenix Resources Inc.

Silver Phoenix Resources Inc. is a Project Generator. The company’s goals are to acquire properties of merit in safe jurisdictions that can be improved on and to secure partners with the expertise to develop them to production. Their objective is to retain an interest that could be sold for cash and retain a royalty – resulting in minimized share dilution for shareholders.

About Newnote Financial Corp.

Newnote Financial Corp. is pioneering innovative crypto-currency and Bitcoin related software products and services geared at the growing business segment of this bourgeoning market. Newnote has positioned itself to be a leading contender in delivering opportunities to startup businesses world-wide and continues to create new opportunities for its clients and its shareholders. Newnote has a clear vision on the direction in which this new and unique business is headed and is continually adjusting and adopting new business practices in both technology and the policies & procedures required by banks and securities regulators.

For further information please contact:

Paul Dickson

President, CEO & Director

Newnote Financial Corp.

Suite 709-700 West Pender Street

Vancouver, BC V6C 1G8

direct: 604-229-0480

fax: 604-685-3833

web: www.newnote.com

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of Newnote Financial Corp. The forward-looking information is based on certain key expectations and assumptions made by the company’s management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

The CSE has not reviewed, approved or disapproved the content of this press release.

Tags: , , , , ,
Posted in Newnote Financial Corp. | Comments Off on Newnote Retained to Develop Worlds First Net Smelter Return Silver Backed Crypto-Currency

Lexaria Intends to Complete a $5,100,000 Financing

Posted by AGORACOM-JC at 8:35 AM on Thursday, July 17th, 2014

Kelowna, British Columbia–(July 17, 2014) – Lexaria Corp. (OTCQB: LXRP) (CSE: LXX) (the “Company” or “Lexaria”) reports its intention to complete a non-brokered convertible debenture financing, to raise gross proceeds of up to US $5,100,000. The debenture will have a term with a maturity date that is one year from the offering close.

The convertible debenture will pay 2.5% per annum simple interest, quarterly in arrears. Under certain conditions, the debenture is either refundable or, at the investor’s option may be converted into either a five-year note bearing 11% per annum simple interest or into equity of the Company at the price of US$0.30.

In connection with the convertible debenture, the Company may pay broker commissions of up to 2% cash and 8% in broker warrants exercisable at US$0.50 for a period of 12 months following closing of the Offering. Certain directors, officers and insiders of the Company may participate in the Private Placement.

Any 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 convertible debenture, under certain conditions, are to be used for corporate development in the Medical Marijuana business and G&A. The convertible debenture is 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 $5,100,000 will be successful.

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

NOT FOR DISTRIBUTION TO US WIRE SERVICES. FOR CANADIAN DISTRIBUTION ONLY.

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

Tags: , , ,
Posted in Lexaria Corp., Medical Marijuana Stocks | Comments Off on Lexaria Intends to Complete a $5,100,000 Financing

Newnote’s Revenue Generating Virtual Currency Development Service Creates Gold-Backed Crypto-Currency for Anthem Vault Inc.

Posted by AGORACOM-JC at 9:08 AM on Wednesday, July 16th, 2014

Vancouver, British Columbia – Newnote Financial Corp. (the “Company” or “Newnote”) (CSE: NEU; FSE: 1W4) is pleased to announce the successful development and launch of the first open-source gold-backed alternative crypto-currency, commissioned by Anthem Vault Inc. Anthem Vault is a leading technological innovator in the bullion markets and precious metals dealer offering fractional investment in one-kilo gold bars and COMEX-approved 1,000 oz. silver bars.

As one of the leaders in the crypto-currency sector, Newnote specializes in the custom development of virtual currencies based on the criteria and specific needs of its clients. Newnote can be retained to develop new digital currencies which include a full range of utilities such as Linux, Windows, Mac OSX and Android Wallets and Block Chain ledger for tracking transactions. Newnote offers complete end-to-end consulting, development, deployment and maintenance of the client‘s new digital currency as well as a listing on our proprietary trading platform if requested.

Anthem Vault announced The INNCoin (IndependenceCoin) at FreedomFest 2014, which was held in Las Vegas, Nevada, USA. INNcoin is just the latest example of new technology being deployed in innovative fashion to facilitate easier ownership, storage and transfer of precious metals in commerce. The virtual currency was secretly launched on the 4th of July 2014 by Anthem Vault’s technology team, in conjunction with Newnote Financial Corp. Dubbed the 4th of July Coin, this first Anthem Vault alt-coin is commonly referred to as MGC (Micro Gold Coin).

The MGC is an open source crypto-currency which means any person can download and look at the source code behind the coin, which is similar to Bitcoin. However, the coin has some unique attributes which sets it apart from Bitcoin. For example, there will only be a total of 10 million MGC’s in this series. All coins will be fully mined within one year, meaning all 10 million MGC’s will be in circulation and/or ownership by July of 2015. The entire series of MGC’s are backed by 100 grams of Gold stored at Anthem Vault, providing a base value to all MGC’s from the first moment the coins are “mined”.

An Anthem Vault account is free to create and there is no obligation to make a purchase. Creating an account is currently the only way to obtain an Anthem Vault MGC wallet to hold this new crypto-currency. Each AV wallet also contains mining software to allow even the most novice user the ability to download the wallet and mine / produce MGC’s right from their computer. This experimental currency is being used to demonstrate how gold or any precious metal can back a crypto-currency and become a truly independent commerce solution.

Anthem Hayek Blanchard, Anthem Vault CEO and Founder states: “This coin stands for currency independence and demonstrates the use of crypto-currencies as micro-gold weighted instruments in commerce.”

Paul Dickson, President and CEO of Newnote states: “We are very pleased Anthem Vault Inc. chose Newnote to develop this coin. A gold-backed crypto-currency is an important milestone in the evolution of digital currencies and enabled us to demonstrate our technical ability to create asset backed virtual currencies. We believe this division of our business will significantly contribute to our revenue model moving forward.”

About Newnote Financial Corp.

Newnote Financial Corp. is pioneering innovative crypto-currency and Bitcoin related software products and services geared at the growing business segment of this bourgeoning market. Newnote has positioned itself to be a leading contender in delivering opportunities to startup businesses world-wide and continues to create new opportunities for its clients and its shareholders. Newnote has a clear vision on the direction in which this new and unique business is headed and is continually adjusting and adopting new business practices in both technology and the policies & procedures required by banks and securities regulators.

About Anthem Vault

Anthem Vault is a precious metals dealer offering fractional investment in one-kilo (32.15 oz. .9999 fine) gold bars and COMEX-approved 1,000 oz. (.9990 fine or higher) silver bars. All bars are assayed by globally recognized LBMA-approved refiners.

All metal is vaulted in an independent professional world-class facility in Salt Lake City, UT and is insured against theft and natural disaster by Lloyd’s of London. Anthem Vault is the only U.S.-based company that offers the ability to buy metal by direct deposit (ACH/EFT), wire transfer, and Bitcoin.

Anthem Vault (lead by Anthem Hayek Blanchard, eldest son of James U. Blanchard, III) continues to carry forth a legacy of trust, professionalism and innovation as it leads the global bullion dealer industry in technological innovations, providing for greater liquidity and fungibility. www.anthemvault.com

For further information please contact:

Paul Dickson

President, CEO & Director

Newnote Financial Corp.

Suite 709-700 West Pender Street

Vancouver, BC V6C 1G8

direct: 604-229-0480

fax: 604-685-3833

web: www.newnote.com

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of Newnote Financial Corp. The forward-looking information is based on certain key expectations and assumptions made by the company’s management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

The CSE has not reviewed, approved or disapproved the content of this press release.

Tags: , , , , ,
Posted in Newnote Financial Corp. | Comments Off on Newnote’s Revenue Generating Virtual Currency Development Service Creates Gold-Backed Crypto-Currency for Anthem Vault Inc.

« Older Entries
Newer Entries »