Agoracom Blog Home

Posts Tagged ‘#smallcapstocks’

Canadian Arrow Mines $CRO.ca Limited Receives Final Court Approval for Plan of Arrangement with Tartisan Resources Corp.$TTC.ca

Posted by AGORACOM-JC at 3:46 PM on Thursday, January 25th, 2018

Tartisan logo copy

  • Received final approval from the Ontario Superior Court of Justice to complete the Plan of Arrangement
  • As announced on October 20, 2017 Tartisan has entered into an agreement with Canadian Arrow to acquire all of the issued and outstanding common shares of Canadian Arrow conditional on the receipt of the requisite approval of not less than 66 2/3% of Canadian Arrow shareholders and 50% of Canadian Arrow disinterested shareholders

Toronto, Ontario – Tartisan Resources Corp. (CSE: TTC, FSE:8TA) – (“Tartisan”) announces that Canadian Arrow Mines Limited has received final approval from the Ontario Superior Court of Justice (Commercial List) (the “Court”) to complete the Plan of Arrangement (the “Arrangement”) in accordance with the Business Corporations Act (Ontario) with Tartisan Resources Corp (CSE: TTC, FSE:8TA) – (“Tartisan”). As announced on October 20, 2017 Tartisan has entered into an agreement with Canadian Arrow to acquire all of the issued and outstanding common shares of Canadian Arrow conditional on the receipt of the requisite approval of not less than 66 2/3% of Canadian Arrow shareholders and 50% of Canadian Arrow disinterested shareholders.  Such approvals were obtained at the annual and special meeting of shareholders of Canadian Arrow (“Meeting”) on January 19, 2018.

All other conditions of the Arrangement have been satisfied or waived and the Arrangement is to become effective on January 25, 2018, following which time the common shares of Canadian Arrow will be delisted from the TSX Venture Exchange and the common shares exchanged on or about January 30, 2018.

Pursuant to the terms of the Agreement, Tartisan will issue to Canadian Arrow shareholders one common share of Tartisan for every 17.5 common shares of Canadian Arrow, resulting in the issuance of approximately 8,000,000 common shares of Tartisan. Additionally, Tartisan has set aside 4,056,707 common shares of Tartisan to settle Canadian Arrow debt pursuant to debt conversion agreements with various Canadian Arrow creditors.

None of the securities to be issued pursuant to the Arrangement Agreement have been or will be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and any securities issued in the Arrangement are anticipated to be issued in reliance upon available exemptions from such registration requirements pursuant to Section 3(a)(10) of the U.S. Securities Act and applicable exemptions under state securities laws. This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities.

For more information on the matters voted on at the Meeting and for details of the Arrangement, please see Canadian Arrow’s management information circular dated December 15, 2017, which has been filed on Canadian Arrow’s profile on SEDAR at www.sedar.com.

About Tartisan Resources Corp.

Tartisan Resources Corp. is a Canadian mineral exploration and development company focused on project generation of precious and base metal properties. Tartisan owns a 100% stake in the Don Pancho Zinc-Lead-Silver Project just 9 km from Trevali’s Santander Mine and owns a 100% stake in the Ichuna Copper-Silver Project contiguous to Buenaventura’s San Gabriel Property. Tartisan Resources portfolio also includes an equity stake (6 million shares and 3 million warrants @ 40 cents) in Eloro Resources Ltd. (TSX.V:ELO). With the Arrangement complete, Tartisan additionally operates in north-western Ontario, near the towns of Kenora and Dryden. The company’s main asset is the Kenbridge Nickel Project, a nickel-copper sulphide deposit containing over 98 million lbs of nickel in Measured & Indicated Resources.  The deposit is equipped with a 620m shaft and has never been mined. Tartisan Resources Corp. common shares are listed on the Canadian Securities Exchange and is a Member of the CSE Composite Index (CSE:TTC). After the Arrangement there are currently 79,732,443 shares outstanding (93,085,827 fully diluted).

For further information, please contact Mr. Mark Appleby, CEO and a Director of Tartisan, at ([email protected]). Additional information about Tartisan can be found at the company’s website at www.tartisanresources.com or on SEDAR at www.sedar.com.

Forward Looking Information

Certain information contained in this news release constitutes forward looking information. All information other than information of historical fact is forward looking information. The use of any of the words “intend”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “would”, “believe”, “predict” and “potential” and similar expressions are intended to identify forward looking information. This information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward looking information. No assurance can be given that this information will prove to be correct and such forward looking information included in this news release should not be unduly relied upon.

Readers are cautioned that the foregoing list of risks, uncertainties and assumptions are not exhaustive.

The forward looking information included in this news release is expressly qualified by this cautionary statement and is made as of the date of this news release. Neither Canadian Arrow nor Tartisan undertake any obligation to publicly update or revise any forward looking information except as required by applicable securities laws.

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

To view the associated document to this release, please click on the following link:
public://news_release_pdf/Tartisan01252018.pdf

Developments And Adoption Of #Blockchain In The U.S. Federal Government $SX $SX.ca $SXOOF $IDK.ca #Blockstation $HIVE.ca $CODE.ca $BLOC.ca

Posted by AGORACOM-JC at 11:30 AM on Thursday, January 25th, 2018

Steve Delahunty , Forbes Councils

  • Technology of blockchain has many applications to secure transactions and activities outside of the financial sector, including in healthcare and other industries.
  • U.S. federal government has interest in the application of blockchain for various purposes

With the rise of Bitcoin, one of the underlying supportive technologies that makes it possible has gained more awareness — blockchain. The technology of blockchain has many applications to secure transactions and activities outside of the financial sector, including in healthcare and other industries. The U.S. federal government has interest in the application of blockchain for various purposes.

What Is Blockchain?

Blockchain is a distributed “chain” of validated transactions secured through cryptographic hashing. Each block added is stored with timestamp and transaction data along with a cryptographic hash pointer to the previous block. Various open-source and commercial options for blockchain technology exist. The best-known example of the use of blockchain is for securing and recording of Bitcoin transactions. For another example, an organization can use blockchain to analyze whether a mobile device is valid for use inside its corporate systems using various internal identifiers for the device. Another way to think of blockchain is as a trusted ledger of transactions.

Adoption Of Blockchain By The U.S. Federal Government

While the U.S. government was late to embrace cloud computing due to challenges with deciphering the model, lack of suitable procurement options and slow adoption, it appears to be engaging actively with the potential use of blockchain technology. The appeal of blockchain may center on the decentralized nature of the technology along with interoperability and reduced cost outcomes.

 

In one of the first contract awards for blockchain technology implementation for the U.S. government, the Department of Homeland Security awarded a blockchain contract to “Prove Integrity of Captured Data From Border Devices.”

The Food & Drug Administration issued a “sources sought” notice late in 2017 for an application of blockchain. According to the notice, this was for real-time application for portable interactive devices (RAPID) “to enable [the] exchange of patient-level data within the United States Critical Illness and Injury Trails Group network.” The FDA requirements noted that “Implementation of the blockchain connection between FDA RAPID and USCIITG/Discovery network is being created in order to exchange influenza patient data at clinical sites administered by USCIITG.”

The U.S. Department of Defense Transportation Command also showed a recent interest in blockchain centered on an innovative use of distributed ledger capabilities. Its interest also included extensibility, monitoring and scalability of the technology across extended domains. An example potential application included security and surety of logistics and transportation transactions.

Source: https://www.forbes.com/sites/forbestechcouncil/2018/01/25/developments-and-adoption-of-blockchain-in-the-u-s-federal-government/#753d93de3d99

$HPQ.ca Beauce #Gold Field Project Granted 100% Access to Private Properties on Strong Local Support

Posted by AGORACOM-JC at 9:34 AM on Thursday, January 25th, 2018

Hpq large

  • Company has successfully completed its first social acceptability campaign in the municipality of St-Simon-Les-Mines in the Beauce region of Quebec
  • As per Article 65 of Quebec’s new mining law
    • HPQ required written permission from 24 individual private property owners, representing 32 different real estate lots, before being allowed access to their property to complete last year’s geophysics exploration program
  • HPQ launched and executed a successful awareness program in the area, obtaining the required written permission from all the private property owners.

MONTREAL, QUEBEC–(Jan. 25, 2018) – HPQ Silicon Resources Inc (“HPQ”) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to inform shareholders that the company has successfully completed its first social acceptability campaign in the municipality of St-Simon-Les-Mines in the Beauce region of Quebec.

HIGH SOCIAL ACCEPTABILITY: 100% ACCESS TO PRIVATE PROPERTY GRANTED

As per Article 65 of Quebec’s new mining law, HPQ required written permission from 24 individual private property owners, representing 32 different real estate lots, before being allowed access to their property to complete last year’s geophysics exploration program and plan further mineral exploration work on the claims held by HPQ subsidiary, Beauce Gold Field Inc.

HPQ launched and executed a successful awareness program in the area, obtaining the required written permission from all the private property owners.

Bernard J. Tourillon, Chairman and CEO of HPQ Silicon stated, “Uptaining 100% access is a testament to the social acceptability of the project and represents another milestone in the advancement of the Beauce Gold Field Inc spin out. Without social acceptability, completing the Spin out could have been compromised. Patrick Levasseur and his team did an incredible job presenting the potential benefits of the project to the local community.”

SUCCESSFUL TOWN HALL MEETING

In addition to one-on-one meetings with the 24 property owners, HPQ held a town hall meeting in Saint Simon-Les Mine on November 16, 2017. Over 70 local residents attended the “Chalet des Loisirs” to listen to HPQ President, Patrick Levasseur, speak for nearly three hours about the Company’s Beauce Gold Field project, answering questions and fully addressing peoples concerns.

A photo accompanying this announcement is available at http://www.marketwire.com/library/20180125-891_Fig.jpg

Geologist Marc Richer-Laflèche and Louis-François Rinfret of the ¨Institut National de Recherches Scientifiques” (INRS) were also present to answer questions from attendees.

Mr. Levasseur’s presentation covered the town’s rich historical heritage as the site of Canada’s first gold rush and that, over one hundred years ago, it was the site of major placer gold mining activity. He explained that the company’s exploration main goal was locating the bedrock gold source of the historical placer gold deposits.

HPQ would like to take this opportunity to thank the Mayor of St-Simon-les-Mines, Mr. Martin St-Laurent, the town General Manager Mrs. Caroline Poulin and all the town’s people that came to out meeting. HPQ encourages all residents with further questions to contact Mr. Levasseur.

Patrick Levasseur of HPQ Silicon stated, “Its wonderful that the people of St-Simon-les-Mine share our enthusiasm for gold. We are grateful for their support and we are committed to include the community as we advance towards our goal of discovering a gold deposit”

About Beauce Gold Fields

Beauce Gold Fields Inc (BGF) is a wholly owned subsidiary of HPQ Silicon. HPQ is in the process of “Spinning Out” Beauce Gold Fields into a new publicly trading junior gold company which will apply for listing soon.

The Beauce Gold Fields project is a unique, historically prolific gold property located in the municipality of Saint-Simon-les-Mines in the Beauce region of Southern Quebec. Comprising of a block of 152 claims 100% owned by HPQ, the project area hosts a six kilometer long unconsolidated gold-bearing sedimentary unit (a lower saprolite and an upper brown diamictite). The gold in saprolite indicates a close proximity to a bedrock source of gold, providing possible further exploration discoveries. The property was also hosts numerous historical gold mines that were active from 1860s to the 1960s.

A Beauce Gold Fields presentation is available. It can be downloaded via link below
http://www.hpqsilicon.com/wp-content/uploads/2017/07/BGF-Presentation-V-Jul-2017.pdf

This News Release is available on the company’s CEO Verified Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.

About HPQ Silicon

HPQ Silicon Resources Inc. is a TSX-V listed resource company planning to become a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic conversion.

HPQ goal is to develop, in collaboration with industry leaders that are experts in their fields of interest, the innovative metallurgical PUREVAP™ “Quartz Reduction Reactors (QRR)” process (patent pending), which will permit production of the highest efficiency SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule for 2018.

Disclaimers:

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

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

Shares outstanding: 191,979,173

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

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

Namaste $N.ca $NXTTF Announces Supply Agreement With Supreme $FIRE.ca to Purchase 1000 kg of Premium Medical Cannabis $ACB.ca $HIP.ca $WEED.ca $CMED.ca

Posted by AGORACOM-JC at 8:15 AM on Thursday, January 25th, 2018

Nlogo

  • Announced that its wholly-owned subsidiary, Cannmart, has committed to purchase 1000 kilograms of premium quality medial cannabis from 7ACRES in 2018
  • Agreement represents a significant milestone for Namaste, as its first commitment to a volume purchase of medical cannabis

VANCOUVER, British Columbia, Jan. 25, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N)(FRA:M5BQ)(OTCMKTS:NXTTF) is pleased to announce that its wholly-owned subsidiary, Cannmart, Inc. (“Cannmart”) and 8528934 Canada Ltd. (“7ACRES”), a wholly-owned subsidiary of The Supreme Cannabis Company, Inc. (“Supreme”) (TSXV:FIRE), have signed a Definitive Supply Agreement (the “Agreement”) whereby Namaste, through its wholly-owned subsidiary, Cannmart, has committed to purchase 1000 kilograms of premium quality medial cannabis from 7ACRES in 2018, commencing on the date that Cannmart becomes a “Licensed Producer” under the Access to Cannabis for Medical Purposes Regulations (the “ACMPR”). This Agreement represents a significant milestone for Namaste, as its first commitment to a volume purchase of medical cannabis. Namaste believes that Supreme’s business plan of scaled production of branded, premium cannabis flower aligns itself well with Namaste’s goal of positioning Cannmart as Canada’s largest online retail e-commerce platform for medical cannabis.

Select Terms of the AGREEMENT

Cannmart has agreed to purchase a minimum of 1000 kilograms of medical cannabis in the 2018 calendar year, starting from the date whereby Cannmart becomes a “Licensed Producer” as defined in the ACMPR.
7ACRES has agreed to supply Cannmart with premium medical cannabis at a price of $6,000 per kilogram.
Should Cannmart fail to purchase a minimum of 1000 kilograms of medical cannabis within the 2018 calendar year, Cannmart will be deemed to have purchased, and will pay for, the full 1000 kilograms at the price of $6,000 per kilogram; provided that if 7ACRES cannot supply to Cannmart the amount requested in any given month, then the amount owing shall be reduced by the amount they failed to supply in such month.
Cannmart has agreed to display 7ACRES’ trade-mark on all packaging of the 7ACRES product.

Supreme is focused on producing high quality cannabis through a commitment to carefully curated genetics, quality focused cultivation practices and a post-harvest process that includes a 14-day whole plant drying process and hand finishing of each flower. Namaste anticipates Supreme becoming a key partner in ensuring a strong supply chain for premium medical cannabis flower and looks forward to a long-term, mutually beneficial relationship. Namaste believes this Agreement significantly strengthens its position, and further validates the role the Cannmart facility will soon play in the Canadian cannabis market once the “sales-only” license is received.

Management Commentary
John Fowler, CEO of Supreme comments: “As a cultivation focused Licensed Producer we rely on strong retail partners to provide us access to consumers and favourable brand positioning. We are impressed by the platform being built by Namaste to date, and their innovative strategy to position Cannmart as a “sales-only” entity is a natural fit with our 7ACRES business model. The team at Namaste and Cannmart understand the value of premium cannabis flower and we look forward to taking part in the launch of Cannmart as one of Canada’s first “sales only” Licensed Producers.”

Sean Dollinger, President and CEO of Namaste comments: “We are very pleased to announce this Agreement with Supreme and to make a purchase commitment, which we feel brings significant value in securing supply for premium quality medical cannabis for Cannmart. Namaste feels confident that Supreme’s business strategy as a wholesale producer will lend itself well as Namaste focuses its efforts on the retail component in the medical cannabis industry. We look forward to working with Supreme and their management team and anticipate a long-term relationship that will be beneficial for both companies over the next several years.”

About Supreme
Supreme is a Canadian publicly traded company committed to becoming a leading cultivator and distributor of sun grown cannabis through its wholly-owned subsidiary 7ACRES. 7ACRES is a federally licensed producer of medical cannabis pursuant to the ACMPR operating inside a 342,000 sq. ft. Hybrid Greenhouse facility. The Hybrid Greenhouse combines the best technology of indoor production with the efficiencies and sustainability of a greenhouse, in a single large-format production footprint. Please visit www.supreme.ca and www.7acres.com for more information.

About Namaste Technologies Inc.
Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through e-commerce sites in 26 countries and with 5 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., a Canadian based late-stage applicant for a medical cannabis distribution license (under the ACMPR Program) 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.

Forward Looking Information
Certain statements made in this press release may constitute forward-looking information under applicable securities laws. These statements are based on Namaste’s 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 Namaste 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 no assurance can be given 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 Namaste’s disclosure documents which can be found under Namaste’s profile on 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.

On behalf of the Board of Directors

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

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

Agreement.namastetechnologies.com
Agreement.namastevaporizers.co.uk
Agreement.everyonedoesit.co.uk
Agreement.australianvaporizers.com.au

Dr. Wei-Tek Tsai Presents At Paul Benwell & Associates Monthly Investor Cocktail Event

Posted by AGORACOM-JC at 7:16 PM on Wednesday, January 24th, 2018

Paul Benwell & Associates hosts a monthly investor cocktail providing publicly listed companies an opportunity to present their story to members of the Montreal professional investment community. The audience is made up predominately of retail brokers, investment advisers, accredited investors, professional traders but may include analysts, investment bankers, and fund managers. Dr. Wei-Tek Tsai provided a summary presentation and then answered questions from the audience.

Dr. Wei-Tek Tsai received his S.B. in Computer Science and Engineering from Massachusetts Institute of Technology (MIT) at Cambridge, MA in 1979, M.S. and Ph.D. in Computer Science from University of California at Berkeley in 1982 and 1985. He joined Arizona State University, Tempe, Arizona in 2000 as a full professor of Computer Science and Engineering in the School of Computing, Informatics, and Decision Systems Engineering. He became an Emeritus Professor in December 2014.

He has authored more than 500 papers in software engineering, service-oriented computing, cloud computing, and blockchains. He travels widely and has held various professorships in Asia and Europe.

Please find enclosed a recording of his presentation.

Aurora $ACB.ca finally wins CanniMed $CMED.ca in Canada’s biggest marijuana deal yet $TBP.ca $N.ca $MCOA

Posted by AGORACOM-JC at 12:10 PM on Wednesday, January 24th, 2018

  • Aurora Cannabis Inc. has struck a friendly deal valued at $1.1 billion to buy rival licensed producer CanniMed Therapeutics Inc
  • The deal, which will be Canada’s largest in the marijuana sector, also means CanniMed will abandon its plans to acquire Newstrike Resources Ltd., whose shareholders had already voted in favour of a takeover by CanniMed

EDMONTON — Aurora Cannabis Inc. has struck a friendly deal valued at $1.1 billion to buy rival licensed producer CanniMed Therapeutics Inc., bringing an end to a lengthy hostile takeover battle between the marijuana companies.

The deal, which will be Canada’s largest in the marijuana sector, also means CanniMed will abandon its plans to acquire Newstrike Resources Ltd., whose shareholders had already voted in favour of a takeover by CanniMed.

CanniMed will pay a $9.5-million break fee to Newstrike as a result of its decision.

Shares in CanniMed were up 16 per cent by midmorning after shooting up 22 per cent directly after the news. Aurora was up half a per cent. Newstrike trading was halted but the stock fell 20 per cent when trading resumed.

“We are very pleased to have come to terms with CanniMed on this powerful strategic combination that will establish a best-in-class cannabis company with operations across Canada and around the world,” Aurora chief executive Terry Booth said.

“Market recognition of Aurora’s continued performance and strategy execution since we first announced our intention to acquire CanniMed allows us to share that benefit directly with CanniMed shareholders by increasing the offer price, as well as by offering a cash component.”

CanniMed had argued that Aurora’s earlier all-stock offer valued at up to $24 per share for the company was too low, given the wild swings in marijuana stocks.

The two appeared to have reached a truce last week, agreeing to talks after a very public and litigious war of words.

Aurora’s new offer includes a cash component. Under the agreement announced Wednesday, CanniMed shareholders will receive 3.4 Aurora shares or a combination of cash and shares for each CanniMed share they hold.

Based on an implied Aurora share price of $12.65 and the 3.40 exchange ratio, the companies said the new offer would equate to $43 per share.

However, Aurora shares closed at $14.79 on the Toronto Stock Exchange on Tuesday making the offer worth about $50.29. CanniMed shares closed at $37.51.

The total amount of cash available under the deal is capped at $140 million. Assuming maximum cash elections, each CanniMed shareholder would receive $5.70 in cash and 2.9493 Aurora shares.

CanniMed chief executive Brent Zettl said the deal was a testament to the team at CanniMed.

“This transaction clearly confirms that the company has been highly successful in becoming a preeminent global leader in the medical cannabis industry,” Zettl said.

The new offer and the transaction are subject to customary closing conditions, including Competition Act approval.

Source: http://business.financialpost.com/commodities/agriculture/newsalert-aurora-cannabis-to-buy-cannimed-therapeutics-in-deal-valued-at-1-1b

Peeks Social $PEEK.ca Launches AdShare Program in OfferBox $BCOV $AVID

Posted by AGORACOM-JC at 7:29 AM on Wednesday, January 24th, 2018

Peeks large

  • Continuous evolution of the Peeks Social platform the OfferBox advertising revenue share integration is now complete and has been deployed to both the Android and iOS Peeks Social apps.  
  • OfferBox allows users to create actionable incentives that can be distributed to viewers of livestreams and archived videos

TORONTO, Ontario, Jan. 24, 2018 — Peeks Social Ltd. (TSXV:PEEK) (OTCQB:PKSLF) (“Peeks Social” or “the Company”) is pleased to report that as part of the continuous evolution of the Peeks Social platform the OfferBox advertising revenue share (“AdShare Program”) integration is now complete and has been deployed to both the Android and iOS Peeks Social apps.

The OfferBox allows users to create actionable incentives that can be distributed to viewers of livestreams and archived videos.  All users have the ability to connect products or services from their own e-commerce websites or those of their affiliate sponsoring brands. The Peeks Social platform monetizes these Cost-Per-Action (CPA) campaigns by charging a percentage of the gross sales price of items sold through the OfferBox.  This monetization strategy also provides for Cost-Per-Impression (CPI) based revenue that is split between the streamer and the Peeks Social platform.

The AdShare Program was purpose built to facilitate the sale of all ad units available for sale on broadcast television and on digital platforms.  Specifically, the AdShare Program facilitates the sale of product placement ads, CPI ads, CPA ads, onscreen overlays and affiliate marketing programs.

The AdShare Program interacts with the OfferBox so that ads can result in direct sales. The AdShare Program allows advertisers to target advertisements based on a wide variety of viewer demographics including location, age, gender and individual tastes.

Olay, Roses Only, TV Online Store, Yves Rocher, zChocolat, Betty’s Attic, AMC Networks: Shudder and Sundance Channel, Eye Buy Direct, Cooking Light Diet, Xcoser, BookVIP, Chicnico, SpaFinder, SwimSpot and Matel TM are among 40 brands that are now available as sponsors to streamers on the Peeks Social platform. Upon starting a livestream Peeks Social streamers will be able to select brands to promote through the OfferBox on their streams.  Streamers will then be able to earn on a CPA or CPI basis.

“Peeks Social enables everyday streamers to instantly start monetizing their audience base.  A streamer’s ability to select from globally recognized brands and to begin promotions right away democratizes digital ad revenue earning capability.  The vision for a social commerce vertical that Peeks Social set out to create now exists in that anyone can now become a brand ambassador by picking up a mobile device and going live on Peeks Social.  The overwhelmingly positive response we’ve had from both brands and streamers is that this new medium for promotion will empower people and drive a convergence of social media and digital marketing,” states Mark Itwaru, CEO of the Company. “We will continue to deploy new offers, brands and promotions to the OfferBox on a regular basis.”

For further information, please contact:

Peeks Social Ltd.

Mark Itwaru
Chairman & Chief Executive Officer
647-992-7727
[email protected]

David Vinokurov
Investor Relations
416-716-9281
[email protected]

American Creek $AMK.ca reports on Treaty Creek Drilling up to 337.5m of 0.76 g/t #Gold, Including 124.5 m of 0.98 g/t Gold $SEA $SA $SKE.ca $TUD.ca $PVG

Posted by AGORACOM-JC at 9:09 AM on Tuesday, January 23rd, 2018

Hublogolarge2 copy

  • Intersected various mineralized zones
  • Most significant was 337.5m of continuous mineralization grading 0.76 g/t gold from 2 to 339.5m depth,
  • Including a higher grade intercept of 124.5m grading 0.98 g/t gold from 53.0 to 177.5m

January 23, 2018                                                                                                                    TSX-V: AMK

Cardston, AB – American Creek Resources Ltd (TSX-V: AMK) (the “Corporation”) is pleased to report on an additional three holes from JV partner Tudor Gold’s (“Tudor”) 2017 drill program on the Copper Belle zone at the Treaty Creek Project located in the Golden Triangle of northwestern British Columbia.

CB-17-27, a step-out hole drilled on the Copper Belle zone, intersected various mineralized zones where the most significant was 337.5m of continuous mineralization grading 0.76 g/t gold from 2 to 339.5m depth, including a higher grade intercept of 124.5m grading 0.98 g/t gold from 53.0 to 177.5m.  Hole CB-17-27 was a 602m hole that was collared adjacent to the west side of the Treaty glacier where ice ablation (glacier melt-back) has exposed new opportunities for exploration access. Hole CB-17-27 is 81m southeast of CB-16-03 that graded 1.11 g/t Au for 58m from 88 to 146m; and 0.97 g/t Au for 122m from 304 to 426m. Hole CB-16-03 was drilled uphill at a higher elevation.  For locations of the other holes in this News Release please see the map.

Drill results for holes CB-17-27, CB-17-28 and CB-17-30 are summarized in the table below:

Walter Storm, President and CEO, stated: “As we analyze Treaty Creek from an overview perspective we find a very compelling image:   Our discoveries, as expected, are closely related to the now-famous “Red Line” (Triassic/Jurassic contact), as predicted in the seminal research report by British Columbia government geologists Kyba and Nelson.  The Sulphurets Fault (coincident with the Red Line), weaves its way for over 20 kms from the southern end where the Kerr, Kerr Deep and Valley of the Kings deposits are located, winding its way northward through the Sulphurets, Mitchell, Snowfields, Iron Cap and Iron Cap Deep discoveries before crossing into Treaty Creek and up to the Copper Belle and GR2 zones.  As observed in the Kyba/Nelson research report, major discoveries lie generally within 2 kms of the Red Line and that is the case with all these deposits.  Tudor has a 3 km unexplored gap between the Copper Belle discovery and the Seabridge Gold’s Iron Cap deposit, in which our MagnetoTelluric Geophysics survey identifies strong anomalous targets that have not yet been drilled.  Results from Tudor Gold’s drilling in 2017 show that in the Copper Bell zone, gold mineralization is expanding northward and eastward with improving grades, increasing copper and silver credits, not to mention other promising areas within the zone like Hole CB-17-26 which returned 149.1m of 1.78 g/t gold.”

“This prolific hdyrothermal system which hosts the many gold deposits of Seabridge Gold and Pretium Resources, as well as the nascent gold mineralization currently being drilled on Tudor Gold’s Treaty Creek property, is known as one of the seven largest hydrothermal systems in the world for hosting porphyry-type mineral deposits of gold and copper-gold (Alldrick).  Moreover, Seabridge Gold’s KSM property is currently recognized as hosting the world’s largest undeveloped reserves of copper and gold.  In close proximity to these reserves are Pretium Resources’ very large, porphyry gold Snowfields deposit and its high-grade, Valley of the Kings gold mine, the latter recently having entered into commercial production.  This is an excellent area in which to be looking for another “elephant” and early indications are that mineralization continues onto the Treaty property, right past an arbitrary line called a ‘claim boundary’.”

Darren Blaney, President and CEO of American Creek stated: “At this very preliminary stage of exploration, we have already located significant zones of higher grade gold within the Copper Belle system. Including wide intersections of higher grade close to surface. Those higher grade sections add great promise as to the potential of the project going forward. Further, the MT Survey suggests that this deposit is open in all directions, including towards Seabridge’s Iron Cap discovery located several kilometers to the south.”

“Of major significance is the fact that both the Copper Belle and GR2 are situated on the northern side of the mountains and glacier…the same mountains and glacier that has forced Seabridge Gold to propose an expensive twin tunnel system in order to tunnel under the glacier to access their KSM project gold located to the south. Being advantageously located on the northern side, the Copper Belle and GR2 do not require tunnels for access and are in fact located closer to critical infrastructure…and with much improved logistics.”

The Copper Belle 2017 resource delineation drill program comprised 27 holes to depths below 700m (an estimated 13,722m) and step-outs of 50m where topography permitted.  Results from drill hole CB-17-29 at Copper Belle are still pending. Drill holes were targeted oblique to the northwesterly plunge of the main mineralized zone. A block of delineated mineralization will form the basis for a preliminary resource estimate. All drill holes were down hole surveyed at 25m stations using a Reflex Multi-shot device.

Tudor’s 2016 Magnetotelluric Geophysical Survey program (MT Survey) was effectively utilized as a guide for the drill program. The MT Survey suggests that the mineralization continues to the southwest, toward the Iron Cap deposit of Seabridge Gold Inc. The MT Survey also suggests that the mineralized zone continues in all directions. Tudor’s 2017 drill program was located five kilometers north of the Iron Cap deposit and Tudor intends to step out to the south in its 2018 program to see if it can determine a relationship between the two areas.

Drill location map:  http://orders.newsfilecorp.com/files/4494/32192_a1516623095073_39.jpg

The Qualified Person for the Treaty Creek results in this new release is James McCrea, P.Geo. for the purposes of National Instrument 43-101. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

Background on the Treaty Creek Project

The Treaty Creek Project is situated immediately north of Seabridge Gold’s KSM property and near Pretium’s Valley of the Kings Mine, both of which are located in BC’s Golden Triangle along the Sulphurets and Brucejack fault systems that continue northward into the Treaty Creek property.

Tudor conducted a major drill program (approximately 20,000 metres) on the Treaty Creek property this past summer. The objective of the drill program was to define a gold resource on the Copper Belle zone and to determine the future potential of the high grade gold/silver/zinc GR2 zone located in a separate area adjacent to the Copper Belle.

The Treaty Creek Project is a joint venture between Tudor, Teuton Resources Corp., and American Creek. Tudor is the operator and holds a 60% interest with both American Creek and Teuton each holding respective 20% carried interests in the property (fully carried until a production notice is given).

A summary of the Treaty Creek Project can be viewed here:

http://www.americancreek.com/images/pdf/Treaty_Creek_Joint_Venture_Project.pdf

About American Creek

American Creek holds a strong portfolio of gold and silver properties in British Columbia. The portfolio includes three gold/silver properties in the heart of the Golden Triangle; the Treaty Creek and Electrum joint ventures with Walter Storm/Tudor, as well as the recently acquired 100% owned past producing Dunwell Mine. Other properties held throughout BC include the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.com

Cautionary Statements regarding Forward-Looking Information

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Corporation’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization and geological merits of the Treaty Creek Project and other future plans, objectives or expectations of the Corporation are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on a number of material factors and assumptions. Important factors that could cause actual results to differ materially from the Corporation’s expectations include actual exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the Corporation with securities regulators. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements.

 

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

 

Namaste $N.ca $NXTTF Receives Health Canada Confirmation of Readiness $AERO $CBDS $CGRW $APH.ca $GBLX

Posted by AGORACOM-JC at 8:38 AM on Monday, January 22nd, 2018

Primary Logo

  • Health Canada’s Office of Medical Cannabis has provided the Company with a Confirmation of Readiness for a license under Canada’s Access to Cannabis for Medical Purposes Regulations
  • For  license under Canada’s Access to Cannabis for Medical Purposes Regulations for the Company’s wholly owned subsidiary, Cannmart Inc.

VANCOUVER, British Columbia, Jan. 22, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N) (FRA:M5BQ) (OTCMKTS:NXTTF) is pleased to announce that Health Canada’s Office of Medical Cannabis has provided the Company with a Confirmation of Readiness (“COR”) for a license under Canada’s Access to Cannabis for Medical Purposes Regulations (“ACMPR”) for the Company’s wholly owned subsidiary, Cannmart Inc. (“Cannmart”). Cannmart is a late-stage applicant under the ACMPR for a medical cannabis “sales-only” license. Namaste plans to leverage its growing site traffic and existing consumer databases along with the Company’s revolutionary patient acquisition tool, NamasteMD.com, to become Canada’s leading e-commerce retailer for medical cannabis products.

Further to receiving the COR and as construction of the Cannmart facility nears completion, the Company is now focused on providing all additional information as required by Health Canada in order to have the “sales-only” license issued.

Once Cannmart’s ACMPR “sales-only” license is issued, the Company will focus on sourcing medical cannabis from a large variety of domestic and international producers in order to offer the largest variety of strains to its patients. Namaste’s goal is to create a simplified user experience to assist patients with a smooth onboarding process and access to the highest quality products available on the market.

Management Commentary

Sean Dollinger, President and CEO of Namaste comments: “We are beyond excited to receive this amazing news. After all of the hard work and dedication from our management team as well as our consultants, we believe we are finally poised to execute on our strategy to become the most comprehensive online marketplace for medical cannabis in Canada. Once the sales license is issued, we will focus on sourcing high-quality products from local ACMPR licensed producers with a specific focus on craft cannabis brands as we bring great value and exposure for all producers, big and small.

This is a monumental day for the Company and I’m very proud of our team and I would also like to take this opportunity to thank all of our peers in the cannabis industry who saw value in both the products and services we are able to provide and decided to work collaboratively with Namaste for the betterment of all Canadian cannabis patients. While this is an important step in our journey, we believe this is only the beginning of a transformational year for Namaste and its shareholders.”

About Namaste Technologies Inc.
Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through e-commerce sites in 26 countries and with 5 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., a Canadian based late-stage applicant for a medical cannabis distribution license (under the ACMPR Program) 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.

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. The Company 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 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.

On behalf of the Board of Directors

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

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

Agreement.namastetechnologies.com
Agreement.namastevaporizers.co.uk
Agreement.everyonedoesit.co.uk
Agreement.australianvaporizers.com.au

 

INTERVIEW: St-Georges $SX.ca $SX $SXOOF Shareholder Q & A – Sunday January 21, 2018

Posted by AGORACOM-JC at 7:53 PM on Sunday, January 21st, 2018