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CLIENT FEATURE: (GGI: TSX-V) Recently Reported 10.4 g/t Au over 8.5 m near-surface

Posted by AGORACOM-JC at 12:40 PM on Monday, May 5th, 2014

WHY GARIBALDI RESOURCES CORP?

  • $3.2 million in working capital as per latest financials (Oct 31)
  • Attractive share structure
  • no warrants, no major financings since 2009
  • Drilling in progress – strong news flow from Mexico and B.C.

LEADERSHIP. MOVING FORWARD. BUILDING VALUE.

  • Synergistic mix of business, market & geological expertise
  • Drilling underway at La Patilla Gold Property (high-grade targets) plus multiple drill-ready targets at 3 district-scale projects in Mexico
  • Largest landholder (262km2) among juniors in Sheslay Cu – Au porphyry discovery area at top of B.C’s Golden Triangle

GARIBALDI APPROACH AND ADVANTAGE IN MEXICO

 

Through the strength of its geological team and the use of cutting- edge technology and proprietary data, Garibaldi has built a foundation for lasting success in Mexico:

  • GGI continues to accurately pinpoint the most prospective targets for potential new discoveries in large, district-scale land packages
  • Project value is being cost-effectively unlocked
  • Financial strength is being built (i.e., sale of Temoris option, current Tonichi pilot coal program generating royalty income)

La Patilla Project

  • First-ever diamond drilling at the La Patilla gold property in Sinaloa state has returned highly encouraging gold values near-surface, including an interval grading 10.4 grams per tonne gold over 8.5
  • Five of six holes drilled to test the La Patilla vein system intersected broad zones of mineralization along 75 metres of strike length to depths of approximately 50 metres

NORTHWEST B.C. – DOMINANT LANDHOLDER IN EMERGING SHESLAY CAMP


  • Successful exploration methods developed in Mexico are now being adopted to rapidly advance the company’s 100%-owned Grizzly Property
  • Multiple targets are being identified over 15 km from Grizzly West to Grizzly Central
  • GGI is the largest landholder among juniors in this highly prospective, under-exploited new Cu-Au porphyry discovery area in prolific Stikine Arch

12 Month Stock Chart

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Industrial Hemp and Medical Marijuana Industry Gather for GreenRush Financial Conference in Vancouver

Posted by AGORACOM-JC at 10:58 AM on Monday, May 5th, 2014

Next Gen Subsidiary Announces First of Global Series of Industry, Finance and Investment Conferences

VANCOUVER,B.C., May 5, 2014 (GLOBE NEWSWIRE) — A hundred and fifty years ago, Harry Barr’s (President and CEO of Next Gen Metals) (CSE:N) (OTC Pink:NXTTF), ancestors began farming in the Ottawa Valley. As far back as pre WWII, the family farm was producing hemp, which in those days was used primarily for rope for the War Act.

At 23, a young Harry Barr graduated from the University of Guelph in Agribusiness and began a career that forged him into a global mining executive and financier. Barr notes that since 1985, every exploration company he has started is still in business today and managed from Vancouver.

Now, Barr’s company has seized the opportunity to incubate and mentor those legal marijuana and hemp companies that have the technical savvy, but require the business acumen that any new or expanding industry needs; be it fundraising, complex negotiation skills, capital markets expertise, public company administration or IPO’s.

Those tenets will take shape in a big way on May 7th, when Next Gen’s 100 percent-owned subsidiary, GreenRush Financial Conferences launches in Vancouver at the Convention Centre East and the Pan Pacific Hotel with the first of a series of global Medical Marijuana and Industrial Hemp conferences, bringing together stakeholders, investors, companies and the legal community. Simply put, these conferences intend to be the premier purveyor of investment education and finance for the Medical Marijuana, Industrial Hemp and Alternative Medicine industries.

“I applaud Mr. Barr for being a pioneer and recognizing the lack of Marijuana expositions in Canada that focus on finance,” stated Mike Withrow, President and CEO of Abattis Bioceuticals Corp (OTC PINK:ATTBF). “We now have a forum to tell the world about our Grow Dry Extract Refine and Sciences model coined GDERS.”

“The Medical Marijuana business is slowly recapitalizing the junior mining industry in Canada,” stated Harry Barr, CEO of Next Gen. “But more than that, it is quickly bringing together the legal and industry forces necessary to give a complex, highly regulated market the visibility and transparency that investors require.”

Barr’s quote that the Medical Marijuana Industry is recapitalizing junior mining is a result of the fact that Canadian Securities Laws have allowed for thousands of Venture Capital companies to be formed. Given the mining downturn of the last three years, many of these entrepreneurs with proven fund raising and capital market abilities are now taking their shareholders into this new multibillion-dollar industry.

As well as discussing direct investment opportunities, the GreenRush Conferences will focus on the latest Medical Marijuana research, legal issues and give an overview of the industrial hemp market and the role of Alternative Medicines.

There is little chance that growth in this space will retreat anytime soon. The majority of support for the legalization exceeds 50% in Boomers and hits 65% for Millennials. From 1969 to 2013, legalization of marijuana supporters grew from 12% to 52%. Those wanting it to remain illegal dropped from 84% to 45% in the same period.

Barr was an early adopter who, using mining parlance, staked his claim in the Medical Marijuana space well before most others. Unlike some juniors, from Day One, his approach was not knee-jerk opportunism, but a well thought out business strategy utilizing decades of business acumen to add consistent shareholder value.

Management of Next Gen (as well as other entrepreneurs) is very good at raising capital. The Company intends to extend its brand to this industry and is actively seeking and reviewing new business plans. It intends to be a leader in the space and the go-to Company for legal marijuana and industrial hemp investments.

Barr is also the driving force of the International Metals Group (IMG), a brain bank of project acquisition, exploration and development professionals, including dedicated CEOs, geologists, engineers, corporate finance and investor relations experts, corporate managers, public company administrators, and regulatory and government affairs specialists.

To date, IMG companies (past and present) have completed over 300 option/joint venture agreements with major, mid-tier and junior companies and raised over $250,000,000 to advance their projects throughout 9 countries.

Barr could well be right in his assumptions, being a fixture on the mining scene for 29 years. As CEO, Chairman and Director of Pacific North West Capital Corp, he is also Chairman and CEO of El Nino Ventures, President of Next Gen Minerals (CSE:N) (OTC Pink: NXTTF) and Chairman of Southern Sun Minerals. Pacific North West Capital Corp is a controlling shareholder of Next Gen (22%), approximately 10% of El Nino Ventures and has a modest but important stake in Southern Sun Minerals.

Barr is not abandoning his mining roots and projects. In Ontario, Barr’s Pacific Northwest Capital made a grass roots discovery on its River Valley Platinum Group metal property, which is now a multi-million ounce deposit. The Group’s mining team is working hard to joint venture this advanced stage project with a company capable of financing this project to production.

As well, in Bathurst, New Brunswick, Mr. Barr’s El Nino Venture’s has two option agreements with Glencore Canada and Brazil’s second largest mining company Votorantim. Earlier this year El Nino won a five-year international arbitration on its D.R.C. copper discovery freeing up this project for continued development.

The GreenRush Financial Conference Exhibitor Space opens at 7:00 am; the opening talk is at 8:00am and concludes at 6:pm on May 7th at the Vancouver Convention Centre East and Ballrooms A/B/C/ in the Pan Pacific Hotel. The final hour hosts a discussion entitled; “The Great Debate: Legalization versus Prohibition,” followed by drinks and informal networking and discussion.

As well as an impressive lineup of speakers, there is an exhibitor hall with representatives from the Medical Marijuana community, investment dealers, financial professionals, media and the legal profession. Investors, media and other interested individuals can register through the conference site at www.greenrushfinancialconferences.com.

Of the more than two-dozen speakers are Bruce Linton from Tweed Marijuana (TSX-V:TWD), Harry Barr from Next Gen Metals, Chris Bunka from Lexaria Corp (OTCQB:LXRP), Craig Goodwin of Naturally Splendid (TSX-V:NSP), John Conroy of Conroy & Company and Daniel L. Kiselbach from Deloitte.

While the Medical Marijuana market represents a unique investment opportunity, it is important for investors to arm themselves with the facts in this complex, burgeoning market. Highly regulated, the companies that do the stringent due diligence necessary and develop the most growth-oriented alliances and partnerships will undoubtedly be the names that rise to the top as the space matures and garners increasing investor interest.                                                                                                                             

Legal Disclaimer/Disclosure: A fee has been paid for the production and distribution of this Report. This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. No information in this article should be construed as individualized investment advice. A licensed financial advisor should be consulted prior to making any investment decision. Financial Press makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of the author’s only and are subject to change without notice. Financial Press assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this article and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Furthermore, we assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information, provided within this article.

Also, please note that republishing of this article in its entirety is permitted as long as attribution and a back link to FinancialPress.com are provided. Thank you.

CONTACT: 650 - 555 West 12th Avenue, City Square, West Tower
         Vancouver, B.C. V5Z 3X7 Canada
         Telephone: 604.685.1870 Facsimile: 604.685.8045
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Stocks Gateway
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Lexaria Appoints Former Chief of Police as Security Consultant

Posted by AGORACOM-JC at 8:20 AM on Monday, May 5th, 2014

Kelowna, British Columbia–(May 5, 2014) – Lexaria Corp. (OTCQB: LXRP) (CSE: LXX) (the “Company” or “Lexaria”) is pleased to announce the appointment of the Security Consultant for the new Ontario production facility.

The former Chief of Police of the Hamilton Police Service has become Security Advisor to the Lexaria/Enertopia joint venture. Mr. Brian Mullan will provide advice to the Board of Directors and to management on the safe production, storage, and shipment of controlled substances; as well as provide and manage security protocols and procedures consistent with the needs of a medical marijuana facility and its staff.

Brian was a career police officer who retired as the Chief of Hamilton Police Service in December 2009 after having been a member for over 35 years He is the President of Bmullan and Associates. Brian has received the Police Exemplary Service Medal and he has been appointed as a Member of the Order of Merit for Police. Brian has a Bachelors Degree in Business Administration. He is a graduate of the F.B.I. Academy in Quantico Virginia and the F.B.I’s prestigious National Executive Institute. Brian has also attended the University of Toronto’s Rotman School of Business, Mohawk College and Bay Area Leadership Program and has been active in his community.

“The Lexaria/Enertopia joint venture team has sufficient expertise and ability to operate our planned world-class production facility,” said Chris Bunka, CEO of Lexaria. “I personally welcome Mr. Mullan and all the other experts who have recently joined us, and applaud their shared vision in coming together to build one of the largest and most secure regulated marijuana production facilities in the world.”

Mr. Mullan is eligible to receive up to 275,000 restricted common shares of stock over time in his role as a Lexaria consultant, depending on certain specified performance thresholds being reached.

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 or any member of the management team or consultant will provide any benefit to Lexaria.

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

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Enertopia Announces Former Chief of Police as Security Consultant

Posted by AGORACOM-JC at 8:00 AM on Monday, May 5th, 2014

Vancouver, BC—Enertopia Corporation (ENRT) on the OTCBB and (TOP) on the CSE (the “Company” or “Enertopia”) is pleased to announce additional member to the Company and for the new Ontario marihuana production facility.

The former Chief of Police of the Hamilton Police Service has become Security Advisor to the Enertopia/Lexaria joint venture. Mr. Brian Mullan will provide advice to the Board of Directors and to management on the safe production, storage, and shipment of controlled substances; as well as provide and manage security protocols and procedures consistent with the needs of a medical marijuana facility and its staff.

Brian was a career police officer who retired as the Chief of Hamilton Police Service in December 2009 after having been a member for over 35 years.  He is the President of Bmullan and Associates.  Brian has received the Police Exemplary Service Medal and he has been appointed as a Member of the Order of Merit for Police.  Brian has a Bachelors Degree in Business Administration.  He is a graduate of the F.B.I. Academy in Quantico Virginia and the F.B.I’s prestigious National Executive Institute.  Brian has also attended the University of Toronto’s Rotman School of Business, Mohawk College and Bay Area Leadership Program, and he has been active in his community.

“I welcome Mr. Mullan to our joint venture team that we continue to assemble with the expertise and ability to operate our planned top tier production facility, that is focused on building one of the largest and most secure regulated marijuana production facilities in Canada” said Robert McAllister, President CEO of Enertopia

Mr. Mullan is eligible to receive up to 225,000 restricted common shares of stock, over time in his respective role as Security Consultant, depending on certain specified performance thresholds being reached.

 

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

About Enertopia

Enertopia’s shares are quoted in Canada with symbol TOP in the United States with symbol ENRT. For additional information on this press release, please visit www.enertopia.com or call Clark Kent at 1.647.519.2646 or President Robert McAllister at 250.765.6412

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

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

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Canada’s First Medical Marijuana, Industrial Hemp and Alternative Medicine Investment Conference – May 7th in Vancouver

Posted by AGORACOM-JC at 11:43 AM on Friday, May 2nd, 2014

GreenRush Financial Conferences is a wholly owned subsidiary of Next Gen (PubCo, CSE: N, OTC Pink: NXTTF, FSE: M5BN). GreenRush’s vision is to be the premier purveyor of 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.

Interview  Article   Article  Interview  Video Video

Speaker and Exhibitor Lineup – May 7th Vancouver Conference

VancouverGreenRush Financial Conference
May 7, 2014 7:00 a.m. – 5:00 p.m.
Vancouver Convention Centre East, Ballrooms A/B/C

 CLICK HERE TO REGISTER

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Garibaldi Signs Option to Buy Two B.C. Cu-Au Properties

Posted by AGORACOM-JC at 4:43 PM on Thursday, May 1st, 2014

GARIBALDI EXPANDS NORTHWEST B.C. PRESENCE

Recognizing the extraordinary mineral wealth potential and dynamic pace of development in northwest British Columbia, Garibaldi Resources Corp. has acquired two highly prospective copper-gold porphyry properties within the Stikine arch to complement its flagship Grizzly project in the prolific Sheslay Valley district.

“The rapid progress at Sheslay, combined with mining and infrastructure developments regionally, accelerated our plans to target and capture more exceptional ground within the Stikine Arch at the bottom of the market cycle,” stated Steve Regoci, President and CEO of Garibaldi. “This gives our shareholders a very strategic leveraged opportunity for the future while we focus immediately and vigorously on unlocking the value of the Grizzly.”

“Garibaldi’s early bird strategy of selectively acquiring exciting key prospects exhibiting particular mineralogical features has consistently paid dividends for our shareholders,” Regoci continued. “This is evidenced by the acquisition and sale of the Temoris project in Mexico, plus the acquisition, expansion and accelerating exploration of our dominant land position, the largest of any junior, within the copper-gold porphyry rich Sheslay Valley corridor. The addition of Red Lion and Mount Saint Mary to the Garibaldi property portfolio emphasizes our confidence in a vibrant and exciting future for mining in this part of the province.”

Red Lion

The Red Lion prospect, comprising 35 sq. km, is located 60 km south of AuRico Gold’s Kemess mine and adjoins the Kiska Metals’ Kliyul Cu-Au porphyry project under option to Teck Resources Ltd. The Red Lion shows extremely strong Cu-Au stream sediment geochemistry in both Government Regional Geochemical Survey responses and follow-up proprietary surveys. Access and infrastructure at Red Lion are excellent with the powerline to the Kemess South mine only three km away.

Mount Sister Mary (MSM)

The MSM prospect, comprising 58 sq. km, is located approximately 50 km northeast of Imperial Metals’ Red Chris mine and is underlain by similar Triassic and Jurassic volcanic and plutonic rocks. Government Regional Geochemical Survey responses confirm prior assessment work in which at least eight Cu-Ag-Au showings have been documented on the property.

Option Terms

Both the Red Lion and the MSM properties were acquired from one vendor by way of a 4-year option agreement to purchase a 100% interest on the following terms: $18,500 CDN and 75,000 shares within 10 days of TSX Venture approval. Garibaldi will issue 150,000 common shares in each of the first three years of the option and 500,000 shares in the fourth year. The vendor retains a 2% NSR, half of which Garibaldi may purchase at any time for $2,000,000 CDN.

Shares Issued For Hat East and Hat East 2 Claims – Sheslay Valley

Garibaldi has issued the vendor 100,000 common shares of the Company pursuant to a property purchase agreement dated January 27, 2014, between the Company and an arms-length party for the Hat East and Hat East 2 claims comprising 1,653 hectares (see Garibaldi news release January 31, 2014). The shares are subject to applicable hold periods and may not be traded until July 10, 2014.

Corporate Fact Sheet

To view the updated Fact Sheet for Garibaldi Resources, please visit the following URL: http://www.garibaldiresources.com/i/pdf/GGI-FactSheet-April2014.pdf

Qualified Person

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

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Xylitol Canada Announces Record Breaking Revenues of $6.5M for Year Ended December 2013

Posted by AGORACOM-JC at 9:24 AM on Thursday, May 1st, 2014

Xylitol Canada Inc.: Financial Results for the Year Ended December 31, 2013

Company announces that it has released its financial statements and management’s discussion and analysis for the fiscal year ending December 31, 2013. Highlights of the results include:

  • For the twelve months ended December 31, 2013, sales increased by 87% to $6,508,998, compared to $3,473,053 for the twelve months ended December 31, 2012.
  • For the three months ended December 31, 2013, sales increased by 194% to $2,555,526, compared to $868,134 for the three months ended December 31, 2012;
  • For the twelve months ended December 31, 2013, gross profit increased by 43% to $1,548,337, compared to $1,081,418 for the twelve months ended December 31, 2012;
  • Company reports its first quarter in Company history with over $2,000,000 in revenue
  • Company exceeded $1,000,000 in a single month for the first time in Company history
  • Inventory as of December 31st totaled $2,563,411 including $514,000 of goods in transit
  • Gross profit margins for the year were 24%

“We are very pleased to announce over $6,500,000 in revenue up from $3,500,000 last year. Our team has continued to work very hard on customer acquisition and expansion. It can take months, even years, to gain entry to large retail accounts, but thankfully these time commitments have paid off for our team and we are now shipping to some of the largest retailers in North American on a weekly basis. The market conditions continue to be very favorable as people increasingly seek to avoid sugar, high fructose corn syrup, and artificial sweeteners. While we are proud of our accomplishments, our strong team has continued to execute and we expect 2014 to be another year of growth in the Company’s sales,” commented Andrew Reid, CEO of Xylitol Canada.

The Company’s annual consolidated financial statements and related management’s discussion and analysis for the year ended December 31, 2013 can be found under the Company’s profile on SEDAR at www.sedar.com.

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 a 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.

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.

Contact Information

Xylitol Canada Inc.
1-866-995-9952
[email protected]

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Virtutone Announces $11.5 Million in Revenues for the Month of April

Posted by AGORACOM-JC at 9:21 AM on Thursday, May 1st, 2014

Sherwood Park, Alberta / May1st, 2014 / Virtutone Networks Inc. (“Virtutone” or the “Company”) (TSX Venture: VFX.V) is pleased to announce that the Company has generated over $11.5 million in revenue for the month of April.

“Our team has delivered once again another record month with solid margins, we are back to our aggressive growth” said Jason Allen, Chief Executive Officer of Virtutone. “We have seen several record breaking revenue days in the month of April, which resulted in our largest month ever.”

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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Lexaria Appoints Assistant Plant Manager – Announces Conference Participation

Posted by AGORACOM-JC at 1:49 PM on Wednesday, April 30th, 2014

Kelowna, BC /Lexaria Corp. (LXRP-OTCQB) (LXX-CSE) (the “Company” or “Lexaria“) is pleased to announce the appointment of the new Assistant Operations Manager for its new Ontario marijuana production facility, and to further announce two conferences where the public will have an opportunity to meet Lexaria management.

Joining the Lexaria/Enertopia joint venture team is Mr. Chris Hornung as Assistant Operations Manager. Chris has been vice-president of Kenex Manufacturing Co. in Brampton, Ont., since 1999. During this time he has co-founded and grown several successful new divisions. As well, Mr Hornung is a partner in and is responsible for several different real estate holding companies in Vaughan and Brampton, Ont.

Lexaria also announces that it is a corporate participant at the May 7 Green Rush Conference in Vancouver, BC, where CEO Chris Bunka will be speaking. Lexaria will present its new industry/investor presentation which will also be available soon at our website.

As well, Lexaria is a participant at booth #209 at the upcoming May 12-15 MoneyShow in Las Vegas, NV, where speakers include Steve Forbes, Raplh Acampora, James Stack and more. Shareholders and all interested parties are encouraged to meet with Lexaria management at either of these public events to learn more about the medical marijuana industry and how Lexaria is participating within it.

Mr Hornung is eligible to receive up to 577,500 restricted common shares of stock over time in his role as Lexaria consultant, depending on certain specified performance thresholds being reached.

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 or any member of the management team or consultant will provide any benefit to Lexaria.

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

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KWG Resources Inc.: Divisional Court Permits 30-Minute Intervention by AGO/MNDM in Cliffs’ Appeal of Mining Commissioner Decision

Posted by AGORACOM-JC at 4:11 PM on Tuesday, April 29th, 2014

TORONTO, ONTARIO–(April 29, 2014) – KWG Resources Inc. (TSX VENTURE:KWG) (“KWG”) advises that an Order has been made by the Divisional Court of the Superior Court of Justice of Ontario following argument yesterday of the application of the Attorney General of Ontario, for leave to intervene on behalf of the Minister of Northern Development and Mines in an appeal to be heard by the Court in mid-June.

The scheduled hearing results from a Cliffs Natural Resources Inc. subsidiary (“Cliffs”) having appealed a decision of the Mining and Lands Commissioner of Ontario rendered on September 10, 2013. In that decision, the tribunal dismissed Cliffs’ application for an order to dispense with the consent of KWG so that an easement might be granted to Cliffs to build a road over the mining claims staked and assessed by KWG subsidiary Canada Chrome Corporation.

Divisional Court Justice Thomas Lederer ordered that the Attorney General, on behalf of the Minister of Northern Development and Mines, should be granted leave to address the Divisional Court panel to be convened to hear the Cliffs appeal provided the representations are concluded within a half-hour.

About KWG: KWG has a 30% interest in the Big Daddy chromite deposit and the right to earn 80% of the Black Horse chromite where resources are being defined. KWG also owns 100% of Canada Chrome Corporation which has staked claims and conducted a $15 million surveying and soil testing program for the engineering and construction of a railroad to the Ring of Fire from Exton, Ontario.

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.

KWG Resources Inc.
Bruce Hodgman
Vice-President
416-642-3575 Ext103
[email protected]

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