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FEATURE: Star Navigation $SNA.ca Real-Time Flight Tracking and Monitoring Technology For Commercial Airlines and Operators / Defense Aerospace

Posted by AGORACOM-JC at 10:22 AM on Wednesday, March 28th, 2018

Why Star Navigation Systems?

STAR-A.D.S.®

  • Real-time worldwide tracking and monitoring systems
    • Clients include: Commercial airlines, Regional and Business aircraft operators

STAR-M.M.I.™

  • Flat Panel and LCD Displays, and Control Units for aerospace and defense operators worldwide
    • Clients include: Lockheed Martin, CAE , Northrop Grumman Italy

Products

STAR-A.D.S.®

  • On-board real-time monitoring and data analysis system that provides a “virtual window into an aircraft”
  • As cost-effective air to ground communication system that automatically and securely transmits flight data and incident alerts.
  • Continuously monitors selected avionics systems on the aircraft from power-on to power-off, instantly analyzes the data, and transmits selected data and any incident alerts, via satellite to the operator.
  • Acts as an early warning system, detecting the earliest signs of potential problems
  • Performs these functions in “real-time” providing essential safety monitoring to the benefit of passengers, aircraft personnel, and ground crew
  • Applications include: Commercial Airlines, Helicopters, Business Aircraft, Assist Search and Rescue by providing last transmitted location
  • Future applications: Emergency Medical Services (airborne and ground vehicles), Land vehicles

STAR-M.M.I.™

  • STAR developed a wide range of AMLCD flat panel display sizes, with LED Backlights, resolutions and orientations to meet a variety of demanding engineering and environmental challenges.
  • STAR M.M.I.™ capabilities allow to provide customized answers to specific needs for retrofit of man-machine interface on existing fixed-wing or rotary aircraft, as well as military land vehicles. When there is a need to design, manufacture, test display or control units to be inserted in a legacy vehicle or when there is an obsolescence management problem requesting the replacement of old displays, STAR M.M.I.™Â  is ideally positioned to offer a competitive solution.
  • STAR M.M.I.™Â  Displays and control units can be found on multiple platforms retrofitted  worldwide such as the P3C, Mirage fighters, Hawk trainers, various helicopters (Puma , Lynx…) or simulators
  • STAR has entered long term agreement (up to 2021) for repairs and maintenance support with customers such as  Lockheed Martin

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Namaste $N.ca $NXTTF Announces Appointment of Laurens Feenstra, Branden Spikes and Don Nickless to Board of Directors $ACB.ca $HIP.ca $WEED.ca $CMED.ca

Posted by AGORACOM-JC at 9:59 AM on Wednesday, March 28th, 2018

Nlogo

  • Nominees and proposed board members have served in critical roles at Google, SpaceX and Seagram’s International
  • Bringing an intangible amount of value in helping advance the Company’s technology through innovation
  • Having individuals of this pedigree join Namaste at this point in the business cycle provides immediate legitimacy to the company and will help expedite Namaste’s plans to continue on the path of revolutionizing the cannabis industry

VANCOUVER, British Columbia, March 28, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N) (FRANKFURT:M5BQ) (OTCMKTS:NXTTF) is pleased to announce that following the company’s Annual General Meeting of shareholders (“AGM”), which was held at the law offices of Gowling WLG (Canada) LLP on Tuesday, March 27, 2018, the Company has appointed Branden Spikes, Laurens Feenstra and Donald William Nickless (the “Board Appointees”) for positions on Namaste’s 2018 board of directors. The Board Appointees mark a pivotal milestone for Namaste in solidifying the board and supporting the Company’s future growth within the cannabis industry. The Nominees and proposed board members have served in critical roles at Google, SpaceX and Seagram’s International, and bring an intangible amount of value in helping advance the Company’s technology through innovation.

Namaste has been very selective in the appointment in these directors, as it looks to expand on its already impressive list of products and services. Each appointee brings an incredible amount of expertise in their respective discipline, and Namaste believes their experience will help further differentiate Namaste within the cannabis market, as an innovator in the space. Having individuals of this pedigree join Namaste at this point in the business cycle provides immediate legitimacy to the company and will help expedite Namaste’s plans to continue on the path of revolutionizing the cannabis industry.

The Nominees’ bios and experience are outlined below:

Laurens Feenstra – Laurens Feenstra is currently Product Manager at Waymo, formerly known as Google’s self-driving car project. Prior to Waymo, he worked on some of Google’s most well-known products such as Search, Chromebooks, and Android. As a strategy consultant at McKinsey & Company, he has helped large media, banking and government clients become data analytics-driven companies. Mr. Feenstra holds degrees in Human-Computer Interaction and Artificial Intelligence from University of Groningen in the Netherlands, and was a visiting researcher on “Intelligent Tutoring Systems” at Carnegie Mellon University. When not working on the latest technology, he organizes small electronic music festivals and runs a Burning Man camp.

Branden Spikes – Branden Spikes, considered as “Elon Musk’s most trusted lieutenant” by Venture Beat, worked side by side with Musk for over 15 years and helped pioneer ground breaking technologies at SpaceX, Tesla, and PayPal. He was the CIO of SpaceX for ten years and was instrumental in setting up the information systems at Tesla Motors during its formative years after having served as Director of IT at PayPal. Spikes then founded Spikes Security in 2012, with a mission to solve the most pressing cybersecurity challenge, browser malware and served as its CEO until it merged with Aurionpro in 2017. Mr. Spikes is an investor, advisor and a technology evangelist.

Donald William Nickless – Mr. Nickless graduated from Macdonald College of McGill University with a BSc in Agriculture. Mr. Nickless then worked for thirty plus years working for the Seagram Company Limited, beginning as a front-line supervisor in manufacturing, progressing through various Department Head positions to the manager of the Company’s largest Canadian plant. Subsequent, Mr. Nickless held various positions that culminated in the appointment to Executive Vice President of Manufacturing, Seagram Americas with responsibility for Manufacturing Operations in the US, Canada, and South America. Mr. Nickless is now retired and living in Vermont as a “Gentleman Farmer”.

In connection with these nominations, Peter Simeon and Philip van den Berg have stepped down from the Company’s board of directors.

We would also like to thank Peter Simeon and Philip van den Berg for serving on the Board.  Peter will continue to serve as legal counsel and corporate secretary to the Company and Philip will continue to serve as Chief Financial Officer.

Management Commentary

Sean Dollinger, President and CEO of Namaste comments, “I’ve always believed that successful companies are the direct by-product of building exceptional teams. The appointment of Branden Spikes, Laurens Feenstra and Donald William are a testament to that belief, and I am extremely excited to have them join our team. These Nominees further strengthen our corporate structure as we continue to build the foundation of our company, as we look to create a unique identity in the cannabis space through innovation.  To date, Namaste has demonstrated its commitment to innovation through the adoption and implementation of many one-of-a-kind initiatives, and we fully intend on taking that philosophy to the next level with the addition of these highly experienced and well respected individuals.  As the cannabis market continues to evolve at a rapid pace, we are of the opinion that Namaste must continue to come up with inventive ways to appeal to cannabis patients on a global scale.   We believe collectively that these individuals  will help facilitate future growth opportunities  and help set Namaste apart  from others looking to capitalize on this exciting industry.”

About Namaste Technologies Inc.

Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through 24 e-commerce sites in 20 countries and with distribution hubs located around the world. Namaste has majority market share in Europe and Australia, with operations in the UK, Canada and Germany and has opened new supply channels into emerging markets including Brazil, Mexico and Chile. Namaste, through its acquisition of Cannmart Inc., is pursuing a new revenue vertical in online retail of medical cannabis in the Canadian market. Namaste intends to leverage its existing database of Canadian cannabis consumers, along with its expertise in e-commerce to create an online marketplace for medical cannabis patients, offering a larger variety of product and a better user experience.

On behalf of the Board of Directors

“Sean Dollinger”
Chief Executive Officer
Direct: +1 (786) 389 9771
Email: [email protected]

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

NamasteTechnologies.com
NamasteMD.com
NamasteVapes.ca
Everyonedoesit.ca

FORWARD LOOKING INFORMATION This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, Namaste assumes no responsibility to update or revise forward looking information to reflect new events or circumstances unless required by law. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com. This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The CSE has neither reviewed nor approved the contents of this press release.

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$GGX.ca GGX Gold’s Newly Discovered Everest Vein First Three Drill Holes Completed Greenwood BC $NNA.ca, $GZD.ca

Posted by AGORACOM at 9:00 AM on Wednesday, March 28th, 2018

 

  • Completed the first three diamond drill holes on the Newly Discovered Everest Vein
  • DD EVE18-2 – intersected a 19.15 meter mineralized zone that includes a 5.3 meter strongly silicified zone with a total of 1.62 meter  of quartz intercepts.

Vancouver, British Columbia (FSCwire) – GGX Gold Corp. (GGX: TSX.v), (GGXXF: OTCQB), (the “Company” or “GGX”) is pleased to announce it has completed the first three diamond drill holes on the Newly Discovered Everest Vein.   The company is simultaneously continuing to drill the COD Vein with a second Diamond Drill. The COD Vein is approximately 600 meter’s North of the Everest Vein and 100 Meter’s East. updates will be released shortly.

 

To view the graphic in its original size, please click here

 

The current diamond drilling program on the Everest Vein which was first discovered by Company prospectors during the 2017 work program. Chip samples collected in 2017 across the approximate 0.4 meter wide vein exposure returned up to 52.8 g/t gold and 377 g/t silver while a grab sample of a quartz vein boulder broken off the outcrop by the excavator returned 81.8 g/t gold and 630 g/t silver (News Release of August 21, 2017). The drill program is designed to test the vein at depth. The reported intercepts are reported as core length.

 

To view the graphic in its original size, please click here

 

DD EVE18-1 – intersected an 11.35-meter-wide strongly mineralized and silicified zone.

 

DD EVE18-2 – intersected a 19.15 meter mineralized zone that includes a 5.3 meter strongly silicified zone with a total of 1.62 meter  of quartz intercepts.

 

DD EVE18-3 – intersected a 2.76 meter wide mineralized and silicified zone that includes 1.2 meter of quartz veining.

 

To view the graphic in its original size, please click here

 

To view the graphic in its original size, please click here

 

The core is currently being split and securely packaged for shipment to ALS laboratories in Vancouver, BC. There the core will be analyzed for gold by Fire Assay and for 48 multi element Four Acid and ICP-MS. Quality control (QC) samples are being inserted at regular intervals.

 

David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and consultant for GGX, is responsible for the technical information contained in this News Release.

 

To view the Original News release with pictures please go to the website or contact the company.

 

On Behalf of the Board of Directors,

Barry Brown, Director

 

604-488-3900

[email protected]

 

Investor Relations:                Mr. Jack Singh, 604-720-6598   [email protected]

 

“ We don’t have to do this, we get to do this ” 

The Crew  

 

Forward Looking Information

 

 

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FEATURE: PyroGenesis $PYR.ca Proven Plasma Torch Processes for US military, 3D Powders for Aircraft Engines and Solar Grade Silicon Metal for Solar Industry

Posted by AGORACOM-JC at 3:50 PM on Tuesday, March 27th, 2018

 

PYR: TSX-V

TSX Venture Exchange chooses PyroGenesis to be included in the Exclusive TSX Venture 50®

WHY PYROGENESIS?

  • Q3-2017 Cash Flow Positive on EBITDA (Modified) Basis;
  • Revenues Increase by 7%;
  • Positive Gross Margin of 57%;
  • Current Backlog $7.41MM
  • Traditional lines of business are poised to contribute significantly to bottom line
  • Over $13.5MM in contracts signed
  • Clients include: U.S Air Force, U.S NAVY, Canada Natural Resources
  • Nominated to the shortlist for “Materials Company of the Year” at the 3D Printing Industry Awards 2018.

LINES OF BUSINESS

Powder Production:

  • Received certification for the production of metal powders under a quality management system which complies with the requirements of ISO 9001:2008
  • Certification is an amendment to the Company’s existing ISO certification
  • Pertains specifically to metal powder production
  • Was received under the auspices of a major independent risk and standards company; SAI Global.
  • During the ramp-up, the following were also achieved:
    • Six NDA’s signed with distributors and 3D printer manufacturers
    • Three NDAs being negotiated with multinational aircraft engine manufacturers, at their request
    • Exclusive distributorship under negotiation in Asia
    • Received six sample orders for metal powder, of which five have been delivered to date
    • Adjusted process for other metal powders (i.e. Inconel)
    • Developed new, potentially game changing, intellectual property; Patent applications progressing as expected

DROSRITE™: – System is a salt-free, cost-effective, sustainable process for maximizing metal recovery from dross, a waste generated in the metallurgical industry. The patented process avoids costly loss of metal while reducing a smelter’s carbon footprint and energy consumption, providing an impressive return on investment.

Market potential for PyroGenesis’ DROSRITE™ system, from Aluminium dross alone, exceeds $400MM.

  • Furnace System proven out at a North American customer’s Mexican facility
  • Soon thereafter, a successful demonstration of the DROSRITE™ System in the Middle East took place
  • Unsolicited request to exclusively market the process in the region was received and is currently being discussed
  • Received a purchase order in the amount of US$ 800,000 for the sale of a second DROSRITE™ Furnace System to a North American automobile parts manufacturer
  • Expected to have at least 3 orders placed and delivered

HPQ:

Contracts totalling $8,260,000 signed with HPQ Silicon Resources

  • Announced Commencement of Advanced Second Phase Lab Scale Testing with HPQ Totalling CAN$170,000 which has been Received
  • The start of this new metallurgical testing program using the Gen 2 PUREVAP™ represents major de-risking of the Pilot Plant program as the Gen 2 PUREVAP™ will:
    • Allow for specific process design improvements and modifications derived from Gen 1 PUREVAP™ test work to be implemented and perfected;
    • Produce larger Silicon Metal (Si) samples to test improvements to the purification process;
    • Allow an intermediate step in scaling up to the Pilot Plant, thereby mitigating the scaling up risk;
    • Allow for the following milestones to be reached sooner than originally planned:
      • Producing larger Si samples for testing by potential purchasers;
      • Allow HPQ and PyroGenesis to test the electrical parameters of the High Purity Si;
      • Produce enough material to send samples to solar industry participants; and
      • Provide data to demonstrate the economics of PUREVAP™ technology.
  • HPQ Silicon Resources signed a development agreement with Apollon Solar, a solar silicon specialist.

Chemical Warfare Destruction System:

Tests supported the Defense Advanced Research Projects Agency (DARPA) Agnostic Compact Demilitarization of Chemical Agents (ACDC) program

  • Successfully completed long-duration performance tests using the Company’s tactical Plasma Arc Chemical Warfare Agents Destruction System (“PACWADS”) using surrogate chemical warfare agent material
  • Far exceeded minimum requirements with over 99.9999% destruction efficiency.
  • PACWADS is now scheduled to go through final testing using real chemical warfare agents by the US Military).

Other Contracts:

  • Other contracts being discussed (such as a third order for a PAWDS for a New US Aircraft Carrier which is expected to be ordered in 2018 with an estimated value of approximately $6MM; SPARC system sales, amongst others)

Clients Include:

12 Month Stock Chart:

 

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Marijuana Company $MCOA of America Engages Eddy Pham & Company to Launch Comprehensive Hempsmart(TM) CBD Retail Marketing Campaign $AERO $CBDS $CGRW $APH.ca $GBLX

Posted by AGORACOM-JC at 10:23 AM on Tuesday, March 27th, 2018

15233 mcoa

  • Engaged Eddy Pham & Company (EPCO) to provide retail marketing and advertising services for its hempSMART™ branded products
  • CEO Donald Steinberg, stated, “MCOA is honored to have EPCO on as a marketing partner for our hempSMART product line. The impressive marketing strategy that EPCO will be implementing with our products will help secure hempSMART as one of the leading hemp-based cannabinoid companies in North America.”

Escondido, California–(March 27, 2018) – MARIJUANA COMPANY OF AMERICA INC. (OTC Pink: MCOA) (“MCOA” or the “Company“), an innovative hemp and cannabis company, is pleased to announce that it has engaged Eddy Pham & Company (EPCO) to provide retail marketing and advertising services for its hempSMART™ branded products.

Eddy Pham & Company is a direct to consumer full-service marketing company that will provide MCOA‘s hempSMART product line with a fully integrated, multi-channel transactional marketing campaign focused on digital advertising, infographics, content marketing, customer incentives and acquisition, a broad social media presence as well as search engine marketing and optimization that includes comprehensive research and analytics. EPCO will also be providing outsourced customer service and fulfillment services for hempSMART orders made through their campaign.

Since 1993, EPCO’s CEO, Mr. Eddy Pham has had a long and successful career managing transactional marketing campaigns. Mr. Pham has been involved in the product development, manufacturing, distribution, and campaign marketing of a number of the well-known product lines on the market. With the experience gathered from managing the manufacturing for over 160 products, EPCO is poised to help the hempSMART family of products be successful from building brand equity to overall increased sales. EPCO will utilize its partnerships within the transactional industries to help bring hempSMART to consumers who are looking for all natural, hemp-derived, full spectrum CBD and other future cannabinoid (CBC, CBG, CBN) based proprietary formulated products that are in development.

CEO Donald Steinberg, stated, “MCOA is honored to have EPCO on as a marketing partner for our hempSMART product line. The impressive marketing strategy that EPCO will be implementing with our products will help secure hempSMART as one of the leading hemp-based cannabinoid companies in North America.”

Eddy Pham states, “In over two decades of product development and transactional marketing, I can say that hempSMART produces quality products that truly work. I personally have not been this excited in a long time to work on a product line that can truly bring relief to its users.”

About Our hempSMART Products Containing CBD
The United States Food and Drug Administration (FDA) has not recognized CBD as a safe and effective drug for any indication. Our products containing CBD derived from industrial hemp are not marketed or sold based upon claims that their use is safe and effective treatment for any medical condition as drugs or dietary supplements subject to the FDA’s jurisdiction.

About Eddy Pham & Company
Eddy Pham & Company is a direct to consumer full service company that focuses on transactional marketing, product development, distribution, and operational campaign management. EPCO has branded and launched over 160 recognized and successful brands over the last 25 years. The company offers a collection of end to end services spanning various media verticals focusing on revenue enhancement.

About Marijuana Company of America, Inc.
MCOA is a corporation which participates in: (1) product research and development of legal hemp-based consumer products under the brand name “hempSMART™”, that targets general health and well-being; (2) an affiliate marketing program to promote and sell its legal hemp-based consumer products containing CBD; (3) leasing of real property to separate business entities engaged in the growth and sale of cannabis in those states and jurisdictions where cannabis has been legalized and properly regulated for medicinal and recreations use; and, (4) the expansion of its business into ancillary areas of the legalized cannabis and hemp industry, as the legalized markets and opportunities in this segment mature and develop.

Forward Looking Statements

This news release contains “forward-looking statements” which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “anticipate”, “seek”, intend”, “believe”, “estimate”, “expect”, “project”, “plan”, or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-12G, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.

For more information, please visit the Company’s websites at:

MarijuanaCompanyofAmerica.com
hempSMART.com
NetworkNewsWires/MCOA

Corporate Communications Contact:

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]

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Monarques Gold $MQR.ca reports new high-grade #gold results from its 2017 drilling program at the Beaufor Mine $MUX.ca $SII.ca

Posted by AGORACOM-JC at 9:28 AM on Tuesday, March 27th, 2018

MONTREAL, March 27, 2018

  • Exploration drilling intersected new veins subparallel to Zone Q, including:
    • 32.28 g/t Au over 2.10 metres, including 62.40 g/t Au over 1.10 metres
    • 7.55 g/t Au over 4.00 metres, including 20.80 g/t Au over 1.00 metre
  • Definition drilling continued to intersect high-grade gold zones, including:
    • 13.41 g/t Au over 4.75 metres, including 89.85 g/t Au over 0.50 metres
    • 17.34 g/t Au over 3.30 metres, including 59.00 g/t Au over 0.80 metres
    • 10.11 g/t Au over 2.50 metres, including 27.40 g/t Au over 0.55 metres
    • 8.82 g/t Au over 2.50 metres, including 25.95 g/t Au over 0.60 metres
  • A 30,000-metre drilling program has been under way at the Beaufor Mine since the beginning of 2018 to increase the resources and extend the mine life. 

MONTREAL, March 27, 2018  – MONARQUES GOLD CORPORATION (“Monarques” or the “Corporation”) (TSX.V:MQR) (OTCMKTS:MRQRF) (FRANKFURT:MR7) is pleased to report new results that mark the end of its 2017 drilling program at the Beaufor Mine. The results are from a total of 7,157 metres of drilling in 52 holes, including 5 exploration holes (2,651 metres) and 47 definition drill holes (4,506 metres). The holes were drilled in multiple areas of the mine, including zone Q, QH2 and 32 and the 350H, 1700 and Granodiorite East projects (see composite schematic section).

Results of exploration drilling:

Zone Q
Zone Q is the main zone currently in production at the Beaufor Mine. Two holes were drilled in the eastern part of the zone, outside the known reserve and resource envelope, to test for structural continuity and the presence of mineralized veins in the hangingwall and footwall. Holes 142-89 and 142-95 (see section 1690E) were drilled to a final depth of 654 and 460 metres, respectively. Both holes intersected Zone Q, as well as mineralized veins in the footwall of the zone (QF veins).

The QF veins returned the following significant results:

  • Hole 142-89 intersected 7.55 g/t Au over 4.00 metres, including 20.80 g/t Au over 1.00 metre, as well as 11.75 g/t Au over 2.00 metres and 24.25 g/t Au over 1.00 metre.
  • Hole 142-95 intersected 32.28 g/t Au over 2.10 metres, including 62.40 g/t Au over 1.10 metres, and 13.74 g/t Au over 2.70 metres, including 36.55 g/t Au over 0.90 metres.

The characteristics of the QF veins are similar to those of the typical known veins at the Beaufor Mine, which are quartz-tourmaline veins with disseminated pyrite associated with diorite dykes.

“The strategy of testing the east and depth extensions of Zone Q with exploration holes has paid off, as we were able to identify a good gold potential in the Zone Q footwall,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarques. “Based on the results obtained to date, we think that we’ll be able to increase the mineral resource in this area.  We will do more in-depth follow-up on the QF veins as part of the 2018 drilling program already under way.”

1700 and Granodiorite East projects
Three other exploration holes (142-74, 150-63b and 156-13) were drilled in the 1700 and Granodiorite East project areas, for a total of 1,537 metres. The 1700 project returned the best result, with 26.70 g/t Au over 0.50 metres in Hole 156-13 associated with a quartz vein containing 30% pyrite. Additional drilling is needed for a better understanding of the geometry of the veins in this area, as little is currently known about their extensions.

Results of definition drilling:

Zone Q
Six holes were drilled for a total of 1,504 metres. Hole 150-64 tested the eastern part of Zone Q and the remaining five holes were drilled in the western part of the zone. All the holes intersected Zone Q, and some also intersected QH veins less than 100 metres into the Zone Q hangingwall.

The best intersections for Zone Q were:

  • Hole 101-100 intersected 13.41 g/t Au over 4.75 metres, including 89.85 g/t Au over 0.50 metres.
  • Hole 101-183 intersected 18.75 g/t Au over 0.50 metres.

The best results for the QH veins, intersected in the Zone Q hangingwall, were:

  • Hole 150-64 intersected 22.40 g/t Au over 0.70 metres and 58.90 g/t Au over 0.60 metres.
  • Hole 101-100 intersected 46.95 g/t Au over 0.65 metres.
  • Hole 101-104 intersected 16.63 g/t Au over 0.70 metres.

The correlation between the QH and QF veins, located at various distances apart in the Zone Q hangingwall and footwall, is not yet well understood or defined, and additional drilling is needed to better understand their geometry.

Zone QH2

Twenty-two infill holes were drilled on a 12.5 m by 12.5 m spacing from the 193 sublevel in Zone Q, for a total of 1,286 metres of drilling. The holes confirmed the continuity of the zone over a distance of approximately 120 metres along strike and approximately 50 metres vertically.

The best results for Zone QH2 were:

  • Hole 146-37 intersected 17.34 g/t Au over 3.30 metres, including 59.00 g/t Au over 0.80 metres.
  • Hole 142-90 intersected 10.11 g/t Au over 2.50 metres, including 27.40 g/t Au over 0.55 metres.
  • Hole 142-80 intersected 11.25 g/t Au over 0.75 metres.

Zone QH2 is a QH-type vein located in the eastern part of Zone Q. It dips an average 30 to 35 degrees to the south (compared to 45 degrees for Zone Q) and sits an average of about 30 metres into the Zone Q hangingwall. The drilled area is accessible from the 193 sublevel of Zone Q and a drift is currently being driven towards the zone. Additional drilling is planned in an adjacent area to confirm the vein extensions to the east and at depth along the structure.

Zone 32
Three holes were drilled for a total of 266 metres of drilling. The holes tested an open area to the west of an old stope mined from level 13 of the mine. Zone 32 was intersected in two of the three holes.

The best results for Zone 32 were:

  • Hole 108-156 intersected 8.82 g/t Au over 2.50 metres, including 25.95 g/t Au over 0.60 metres.

The drilling confirmed the continuity of Zone 32 on the west side of a late, low-displacement fault. More drilling is planned to characterize an untested area approximately 25 m by 40 m to the west of the three completed holes.

350H project
Sixteen infill holes totalling 1,450 metres were drilled over a distance of about 100 metres along strike and 50 metres vertically.

The best results for veins 350H, H1 and H2 were:

  • Hole 48-07 intersected 60.65 g/t Au over 0.60 metres.
  • Hole 48-09 intersected 10.73 g/t Au over 0.50 metres.
  • Hole 48-10 intersected 8.20 g/t Au over 2.05 metres.
  • Hole 48-13 intersected 11.21 g/t Au over 0.50 metres.
  • Hole 48-14 intersected 10.25 g/t Au over 0.65 metres.
  • Hole 51-06 intersected 26.14 g/t Au over 1.15 metres.

The 350H project is located in the area of the mine’s external ramp. Veins 350H, 350H1 and 350H2 are stacked structures spaced some 10 m to 20 m apart in the direction perpendicular to their dip (30-35 degrees). The best continuity identified by drilling is associated with vein 350H1.

Quality control and qualified person
Sampling normally consists of sawing the core into two equal halves along its main axis and shipping one of the halves to Val-d’Or for assaying at the ALS Geochemistry laboratory, which is fully accredited under ISO 17025. The samples are crushed, pulverized and assayed by fire assay with atomic absorption finish. Results exceeding 10.0 g/t are re-assayed using gravimetric finish. Certified standards and blanks are inserted into the sampling stream for quality control purposes.

The technical and scientific content of this press release has been reviewed and approved by Petr Pelz, P.Geo., the Corporation’s qualified person under National Instrument 43‑101.

ABOUT MONARQUES GOLD CORPORATION

Monarques Gold Corp (TSX.V:MQR) is an emerging gold producer focused on pursuing growth through its large portfolio of high-quality projects in the Abitibi mining camp in Quebec, Canada. The Corporation currently owns close to 300 km² of gold properties (see map), including the Beaufor Mine, the Croinor Gold (see video), Wasamac, McKenzie Break and Swanson advanced projects, and the Camflo and Beacon mills, as well as six promising exploration projects. It also offers custom milling services out of its 1,600 tonne-per-day Camflo mill. Monarques enjoys a strong financial position and has more than 150 skilled employees who oversee its operating, development and exploration activities.

Forward-Looking Statements

The forward-looking statements in this press release involve known and unknown risks, uncertainties and other factors that may cause Monarques’ actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. 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 press release.

Holes that returned grades below 1 g/t Au are not shown in the table.

  • Zone Q project: Holes 120-182 and 120-183.
  • Zone QH2 project: Holes 142-78, 142-79, 182-82, 142-83, 142-84, 142-87a, 142-91, 142-92, 142-93, 142-94 and 146-38.
  • Zone 32 project: Holes 109-116 and 108-155a.
  • 350H project: Holes 51-01, 51-02, 51-03, 51-04, 51-10, 48-11 and 48-12.

SOURCE Monarques Gold Corporation

View original content with multimedia: http://www.newswire.ca/en/releases/archive/March2018/27/c3903.html

Jean-Marc Lacoste, President and Chief Executive Officer, 1-888-994-4465, [email protected], www.monarquesgold.com; Elisabeth Tremblay, Senior Geologist – Communications Specialist, 1-888-994-4465, [email protected], www.monarquesgold.comCopyright CNW Group 2018

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#Marijuana stocks just got less risky, GMP Securities says $N.ca $NXTTF.ca $TBP.ca $ACB.ca $HIP.ca $WEED.ca $CMED.ca

Posted by AGORACOM-JC at 12:41 PM on Monday, March 26th, 2018

  • Recent developments on the political and regulatory end are likely to add stability to the emerging market, says Martin Landry, analyst with GMP Securities
  • Canada is poised to be an global leader in the cannabis space
  • This past Thursday saw Canada’s Senate voting on its second reading of Bill C-45, the so-called Cannabis Act which would legalize the recreational use of marijuana
  • bill passed 44 to 29

March 25, 2018 By Jayson MacLean

Canada’s still-developing cannabis sector has seen its share of fortunes won and lost over the past year, with stock prices skyrocketing in a matter of weeks over December and January, only to pull back considerably in the time since.

But recent developments on the political and regulatory end are likely to add stability to the emerging market, says Martin Landry, analyst with GMP Securities, who says Canada is poised to be an global leader in the cannabis space.

This past Thursday saw Canada’s Senate voting on its second reading of Bill C-45, the so-called Cannabis Act which would legalize the recreational use of marijuana. Although the vote was predicted to be tight, as some senators in favour of the legislation were out of Ottawa on committee work and Conservative senators promising to vote en masse against, the bill nevertheless passed 44 to 29.

That bodes well for the bill, says Landry, who projects a late summer/early fall opening up of the rec cannabis market.

“[The Senate vote] provides a positive read-through in our view for the potential outcome of the final third reading vote, as the majority of the Independent Senators Group appear to be aligned with the Liberals,” Landry said in a note to clients on Friday. “In a 3rd reading scenario where all Liberals and Conservatives vote for and against Bill C-45 respectively, this would suggest ~73 per cent of independents (versus 95 per cent at second reading) would need to vote in favour for Bill C-45 to become law.”

As well, this past week Health Canada released its fourth quarter 2017 data on medical marijuana use, finding that patient registrations were up 14 per cent on the quarter to 269,502, while total volume of medical cannabis grew around 10 percent on the quarter and around 34 per cent year-over-year, the best growth rate over the past three quarters, says Landry.

Also coming from Health Canada were summary results from public consultations on the new cannabis regulations, held during a 60-day period starting this past November. The consultations drew in approximately 4,000 responses, covering all aspects of the proposed regulations including licensing and permits, security clearance and cannabis tracking, product packaging and labelling and the medical use of cannabis.

Some notable results include strong support from respondents for a quick roll-out on regulations regarding cannabis edibles along with majority support for the government’s plans concerning licensing and product labelling and plain packaging.

Landry says that going forward the report should feed into guidance and regulations for industry participants. On the issue of product labelling, the analyst says that Health Canada’s push for plain packaging could make it “difficult for licensed producers to differentiate their brands on the basis of packaging, however advertising rules are not expected to be more restrictive than those for tobacco,” Landry says.

In all, Landry sees the ramped up medical market and the maturing regulatory landscape to be a win for Canadian companies, who now have a head start over the competition when it comes to the industrial production of cannabis within a tightly regulated environment.

Landry says that having LPs required to deliver secure and stable production has “led Canadian licensed producers to build pharmaceutical grade production facilities, develop solid cultivation know-how and create a large bank of genetics,” he says. “Combined with well capitalized balance sheets, we believe that Canadian LPs are well positioned to become global leaders in the cannabis sector.”

Source: https://www.cantechletter.com/2018/03/marijuana-stocks-just-got-less-risky-gmp-securities-says/

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$GLI.ca Glacier Lake Completes Phase 1 Drill Program at Silver Vista $IVN.ca

Posted by AGORACOM at 10:10 AM on Monday, March 26th, 2018

  • Initial drill program focused on the “MR” area, a clastic sediment-hosted, fine-grained, disseminated copper-silver zone
  • Seven (7) holes, totaling 1,273 metres were completed
  • 2 deeper holes (average depth 282.4 meters) drilled southeast to northwest
  • 5 shallower holes with an average depth (142.0 meters) drilled northwest to southeast

 

VANCOUVER, British Columbia, March 26, 2018 (GLOBE NEWSWIRE) — Glacier Lake Resources Inc. (TSX-V:GLI) (“Glacier” or the “Company”) has completed the Phase 1 diamond drill program on its Silver Vista property near Smithers, British Columbia. This initial drill program was focused on the main “MR” showing, a clastic sediment-hosted, fine-grained, disseminated copper-silver zone. The core for Hole SV18-01 has been sent to the ALS Minerals laboratory in North Vancouver, B.C. with results to be released once received and reviewed.

Seven (7) holes, totaling 1,273 metres were completed. Glacier’s program represents the first drilling on the Silver Vista property since the 1991-1992 Equity Silver Mines Ltd. (a division of Placer Dome Inc., now Barrick Gold Corp.) program of 14 holes, totaling 1,252.5 metres.  The 2018 program comprised two deeper holes (average depth 282.4 meters) drilled southeast to northwest and five shallower holes (average depth (142.0 meters) drilled northwest to southeast, testing mineralization in the historic Equity drill holes, and/or soil and rock Ag and Cu surface geochemistry from the 2011 to 2013 Amarc Resources Ltd., surface programs.

The drilling indicates a moderate, north to northwest dip to the sedimentary units. Visible mineralization is not obvious, so Glacier employed a portable XRF unit to aid in identification of mineralized zones to assist in drilling of subsequent holes. Elevated levels of silver, copper and zinc were noted in multiple horizons within the drill holes.  Glacier Lake cautions investors the XRF readings were used only to direct subsequent drilling and only analyses from the North Vancouver ALS Minerals laboratory will be reported and relied on by the Company.

Upon receipt and review of the assay data from the 2018 drill program, Company geologists will plan and budget a surface program to start after spring break-up. While the main “MR” road-cut showing is the most advanced target, Amarc 2011 to 2013 soil geochemistry outlined an area of anomalous Ag and Cu approximately 1.5 kilometres by 2.0 kilometres around the MR prospect area. This area had multiple Ag and Cu soil geochemical anomalies also defined.

Further details can be found in the 43-101 report on the property located under the Company’s SEDAR profile.

Quality assurance/quality control

The entire length of core for each of the 7 drill holes are currently being sawn and sampled at continuous 1.0 metre intervals, with occasional shorter or longer intervals based on apparent wall rock and mineralization contact. Supervision, organization and splitting of drilling core samples are undertaken by personnel from geological consultant Mammoth Geological Ltd. Half of the core will be securely shipped to the laboratory for analysis and the other half retained in a secure storage location. Certified reference standards and blanks will be placed in the sample stream of each drill hole alternating at every 25th interval. Samples were packed into rice bags, zap-strapped and securely stored until they were turned over to the local trucking company for transport to the ALS Minerals Laboratory in North Vancouver, B.C.

All core samples will be analyzed utilizing ALS’s MEICP-61 procedure, a four-acid digestion of a one-gram sample with an ICP finish. Samples with over limit copper or silver values will receive an ME-OG62 analysis, a four-acid digestion of a 0.5-gram sample with ICP-AES finish.

A routine quality assurance/quality control (QA/QC) procedure is adopted to monitor the analytical quality at the lab. Certified reference materials (CRMs), pulp duplicates and blanks are inserted into each lab batch of samples. QA/QC data at the lab are attached to the assay certificates for each batch of samples.

Further details can be found in the recently completed 43-101 report on the property located under the Company’s SEDAR profile.

The Company also wishes to clarify the finders’ fees which were paid in connection with completion of its private placement of units announced on March 19, 2018.  In connection with closing of the placement, the Company paid cash commissions of $31,807.20, issued 258,920 common share purchase warrants (each, a “Warrant”), and 259,200 finders’ options (each, a “Finders’ Option”).  Each “Warrant” entitles the holder to acquire a common share of the Company at a price of $0.10 for a period of twenty-four months, subject to accelerated expiry in the event the closing price of the Company’s common shares on the TSX Venture Exchange is $0.25 or higher for ten consecutive trading days.  Each “Finders’ Option” entitles the holder to acquire a unit of the Company consisting of one common share and one Warrant, at a price of $0.06 for a period of twenty-four months.

All Warrants and Finders’ Options issued in connection with the placement are subject to a four-month-and-one-day statutory hold period.

Subject to approval from the TSX Venture Exchange, the Company will grant 500,000 incentive stock options to certain directors, officers and consultants of the Company. The options vest immediately and are exercisable at a price of $0.09 per share for a period of 5 years. The options are granted pursuant to the Company’s Stock Option Plan and will be subject to applicable regulatory hold periods.

The technical content of this news release has been reviewed and approved by R. Tim Henneberry, P.Geo., a member of the Glacier Lake Advisory Board and a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

For additional information please feel free to contact:

Saf Dhillon
President/CEO
Glacier Lake Resources Inc.
Tel: 866-687-7059
Dir: 604-688-2922
[email protected]

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#Esports Monday Morning Briefing, 26/03/2018 $GMBL $ATVI $TTWO $GAME $EPY.ca

Posted by AGORACOM-JC at 9:04 AM on Monday, March 26th, 2018

Modern Times Group will split off its esports/gaming portfolio into a new company, while the German Olympic Committee remains firm against esports recognition.

Missed any of the biggest esports business news last week? The TEO Monday Morning Briefing recaps the top headlines from the last seven days!

MTG to Split Into Two Listed Entities

Modern Times Group (MTG ), the Swedish media firm that acquired a majority stake in ESL in 2015, and the entirety of DreamHack  that same year, has announced it will split off into two separately listed companies. This follows on from a failed $2.5B takeover bid from Danish telecommunications TDC to acquire MTG’s Nordic TV businesses, which will be part of a separate entity listed on Nasdaq Stockholm.

While we won’t feel the esports impact of this for some time, the idea of MTG becoming a full-on digital company with an emphasis on esports and gaming is fairly significant.

Facebook and Amazon Compete for Esports Crowd with New Developer Tools

As part of last week’s Game Developer Conference (GDC), Facebook and Amazon have both announced new tools for video game developers, both with potential esports applications.

For Facebook, it’s a software development kit that allows games to be streamed directly to Facebook Live, a feature tested with the Paladins Premier League. Meanwhile Amazon will allow game makers to add tournaments and leagues directly to games, and even ship prize deliveries through the e-commerce giant.

Tennis Joins Virtual Sports Space with French Open Esports Tournament

Let’s list all the popular sports that are trying to make it in esports: basketball, hockey, European football, American football…anything missing? Well now the French Tennis Federation wants to host a competition around the unreleased game Tennis World Tour, with a final to be held at the French Open.

Perhaps the most noteworthy part of this news is that the series will be backed by the competition’s main sponsor, BNP Paribas.

Sponsorship/Partnership Round-Up

In partnership news, DreamHack is not only extending its 10-year relationship with Twitch with a new multi-year deal, but in Spain the company is also partnering with recruitment company Page Personnel to introduce career development opportunities at events, starting with DreamHack Valencia and DreamHack Sevilla.

Elsewhere, performance drink eNgage enters the Chinese market with a sponsorship deal with LGD Gaming, and eSports.com becomes the newest jersey sponsor for Astralis in a deal—sources close to it say—is worth $2M over three years.

German Olympic Committee Opposes Coalition Esports Agreement

Finally, when the new German coalition government formed, it pledged to support esports as an organized sport in the country. It’s one of the most significant movements of its kind in Europe, but it also faces a lot of hurdles, namely the German Olympic Committee, who last week called the attempt to integrate esports into Germany’s organized sports as the work of “specialist politicians” in the digital sector. We’ll update you further as the story progresses.

Source: https://esportsobserver.com/teo-monday-briefing-march-23-2018/

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Namaste $N.ca $NXTTF Announces Signing of a Medical Cannabis Product Acquisition Agreement With Colombian Licensed Producer Clever Leaves $ACB.ca $HIP.ca $WEED.ca $CMED.ca

Posted by AGORACOM-JC at 8:38 AM on Monday, March 26th, 2018

Nlogo

  • Announced that it has signed a medical cannabis Product Acquisition Agreement under the Company’s wholly owned subsidiary, Cannmart Inc. with Clever Leaves
  • Supply Agreement represents further progress in Namaste securing medical cannabis supply agreements with global partners
  • Namaste, subject to approval by Health Canada, will continue to pursue importation of high-quality medical cannabis, sourced from internationally licensed producers

VANCOUVER, British Columbia, March 26, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N) (FRA:M5BQ) (OTCMKTS:NXTTF) is pleased to announce that it has signed a medical cannabis Product Acquisition Agreement (the “Supply Agreement”) under the Company’s wholly owned subsidiary, Cannmart Inc. (“Cannmart”), with Clever Leaves (Ecomedics S.A.S.), a vertically integrated,  licensed producer of medical cannabis in Colombia, with the assistance of Clever Leaves’ financial sponsor, Northern Swan Holdings, Inc. (“Northern Swan”). Clever Leaves has recently broken ground on a 15+ hectare Good Agricultural Collection Practices (“GACP”) compliant cultivation facility and Good Manufacturing Practices (“GMP”) Level-2 Extraction facility, leveraging high-grade technology and practices from the international pharmaceutical and cannabis industries. By 2019, development of a second Colombian cultivation site will significantly expand its cultivation capacity to meet the growing demand from domestic and international patients. This Supply Agreement represents further progress in Namaste securing medical cannabis supply agreements with global partners. Namaste, subject to approval by Health Canada, will continue to pursue importation of high-quality medical cannabis, sourced from internationally licensed producers.

Key Terms of the Supply Agreement:

  • Cannmart will submit purchase orders to Clever Leaves for medical cannabis.
  • Cannmart will import medical cannabis from Clever Leaves, subject to approval by Health Canada.
  • Cannmart will be compliant with Clever Leaves’ branding and pricing strategy.
  • Cannmart will be responsible for shipping and importation costs of the product.
  • Clever Leaves will provide Cannmart with lab test reports for each purchase in advance and in accordance with Cannmart’s requirements under Canadian regulations.
  • The packaging of products will bear the Clever Leaves brand logo.

The Supply Agreement with Clever Leaves further supports Namaste’s strategy of providing its Canadian patients with access to high-quality imported medical cannabis. The Company believes Clever Leaves’ production expertise and quality control methods will meet the highest standard of requirements necessary for importation into the Canadian market. Namaste will continue to cultivate international relationships under the guidelines set forth by Health Canada, in an attempt to position Cannmart as one of the most diverse global e-commerce platforms.

Management Commentary

Andrés Fajardo, Chairman of Clever Leaves comments; “We are thrilled to enter into a partnership with Namaste and to help carry out Colombia’s vision of becoming a leading supplier of medicinal cannabis to the world.  We believe this agreement is a validation of the professionalism of our operation, and by forging long-term win-win partnerships with best in class groups around the world, such as Namaste, we are sure to achieve this and more.”

Sean Dollinger, President and CEO of Namaste comments; “We’re very pleased to be announcing this Supply Agreement with Clever Leaves. In addition to sourcing cannabis products from domestic producers, our goal is to offer Canadian patients with the most diverse offering of medical cannabis products from high quality international cultivators. The Clever Leaves management team has proven themselves as experts in the cultivation of medical cannabis, and we are extremely excited at the potential of offering our patients access to a variety of products, which we believe will greatly benefit our patients. We remain focused on implementing this strategy, and we look forward to the launch of Cannmart. We further anticipate the signing of additional supply agreements and partnerships with industry-leading licensed producers, and we feel confident in the direction we are headed. It has been extremely rewarding to see the willingness of top producers and industry leaders to collaborate with Namaste in a joint effort to revolutionize the cannabis industry. Namaste’s management team looks forward to moving forward and working with Clever Leaves team to bring value to its patients.”

About Clever Leaves

Clever Leaves is a vertically-integrated licensed producer of medical cannabis.  Located in Colombia, Clever Leaves has broken ground on an industrial Good Agricultural Collection Practices (“GACP”) compliant cultivation facility and Good Manufacturing Practices (“GMP”) Level-2 Extraction facility, capable of producing up to 15,000,000 ml of cannabis oil per year.  By leveraging the highest-grade technology and practices from the international pharmaceutical and cannabis industries, Clever Leaves is positioned to lead the production of low-cost, high grade medical cannabis extracts for global exportation. For more information, visit en.cleverleaves.com

About Northern Swan

Northern Swan is a New York-based investment firm focused on early and late-stage investments in the legal cannabis industry. Northern Swan delivers a comprehensive solution for financing and advising licensed cannabis operators globally. Northern Swan’s investment professionals have collectively invested in excess of $3 billion of capital at Blackstone, KKR, and Och-Ziff.  For more information, visit www.northernswan.com

About Namaste Technologies Inc.

Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through 24 e-commerce sites in 20 countries and with distribution hubs located around the world. Namaste has majority market share in Europe and Australia, with operations in the UK, Canada and Germany and has opened new supply channels into emerging markets including Brazil, Mexico and Chile. Namaste, through its acquisition of Cannmart Inc., is pursuing a new revenue vertical in online retail of medical cannabis in the Canadian market. Namaste intends to leverage its existing database of Canadian medical cannabis consumers, along with its expertise in e-commerce to create an online marketplace for medical cannabis patients, offering a larger variety of product and a better user experience.

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

namastetechnologies.com

namastevapes.ca

everyonedoesit.ca

namastevaporizers.co.uk

everyonedoesit.co.uk

australianvaporizers.com.au

Contacts
Namaste
On behalf of the Board of Directors
“Sean Dollinger”
Chief Executive Officer
Direct: +1 (786) 389 9771
Email: [email protected]

Clever Leaves
Andrés Fajardo
Chairman
Email: [email protected]

Northern Swan
Kyle Detwiler
Chief Executive Officer
Direct: +1 (646) 880 4382
Email: [email protected]

Forward Looking Information

This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, Namaste assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents, which can be found under the Company’s profile on www.sedar.com. This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward looking statements are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. The Canadian Securities Exchange has neither reviewed nor approved the contents of this press release.

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