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Primo Nutraceuticals Inc. $PRMO.ca Signs Letter of Intent with Brujera Elixirs Inc. to Formulate 4 Innovative Adaptogenic Mushroom-Infused Beverage Products

Posted by AGORACOM-JC at 9:41 AM on Thursday, October 1st, 2020
  • Company has decided to continue down that path by announcing that it has entered into a non-binding letter of intent (the “LOI”) with Brujera Elixirs Inc. (“Brujera”) to formulate an exclusive line of 4 “Innovative adaptogenic mushroom-infused” beverage products for the natural health and wellness market.
  • Product development and steps for final formulation will commence immediately upon signing of the definitive agreement with Brujera; which is expected to occur on or before October 30, 2020

VANCOUVER, British Columbia, Oct. 01, 2020 — PRIMO NUTRACEUTICALS INC. (CSE: PRMO) (OTC: BUGVD) (FSE: 8BV) (DEU: 8BV) (MUN: 8BV) (STU: 8BV) (“Primo Nutra” or the “Company”) Further to the Company’s news release dated May 22, 2020 announcing that Primo Nutra received its Natural Product Number (“NPN) from Health Canada, the Company has decided to continue down that path by announcing that it has entered into a non-binding letter of intent (the “LOI”) with Brujera Elixirs Inc. (“Brujera”) to formulate an exclusive line of 4 “Innovative adaptogenic mushroom-infused” beverage products for the natural health and wellness market.

Product development and steps for final formulation will commence immediately upon signing of the definitive agreement with Brujera; which is expected to occur on or before October 30, 2020.

The specific types of functional mushrooms which will be used in formulating Primo Nutra’s exclusive beverages will be: Reishi , Cordyceps, Lion’s Mane and Chaga.

The Company was granted its first NPN ( 80099466) on May 22, 2020 for their lemon hand sanitizer. Primo Nutra will be focused on introducing 8 different natural health products to Canada’s health and wellness market.

About Brujera Elixirs Inc.

Launched by award winning B.C. master mixologist, sommelier and entrepreneur Kelly Ann Woods, Brujera is a house of brands which currently includes Boozewitch (sober-curious mixers) and State B Cannabis Beverage Co.Ms. Woods is an entrepreneur who has founded multiple companies in the CBD, cannabis, alcohol and non-alcohol beverage industry. In the last year, Kelly was named the 2019 RBC Canadian Woman Entrepreneur of the Year Award for Micro -Business Award ( https://www.youtube.com/watch?v=oLi9JSnhJ64 ). Woman of the Year from BC Business in addition to a CANIE Woman Entrepreneur award.

Nicknamed the “Boozewitch,” Quebec-born Kelly attended CEGEP in Montreal with a focus on theatre and worked as a flight attendant for Air Canada before moving to the West Coast. She spent years honing her drinks skills as a sommelier and doing hospitality work, all the while experimenting with beverage formulation. She is actively bringing a cannabis beverage to the US and Canadian markets under the name State B and opening an oceanfront wine bar in Squamish with a team of accomplished women in hospitality.

TERMS OF THE TRANSACTION

The LOI was signed on July 14, 2020. Pursuant to the LOI Primo Nutra and Brujera will seek to enter into a Definitive Consulting Agreement whereby Primo Nutra will create white label mushroom infused drinks for distribution in Canada and international markets while Brujera will create unique exclusive formulations for Primo Nutra’s mushroom-infused energy shot drinks.

Richard Cindric, CEO of Primo Comments:

“Ms. Woods experience in formulating functional CBD, cannabis, and alcoholic beverages is what we are looking for in a white-label partner. We are confident she is the right partner to introduce a mushroom based energy drink to compete with brands like Boost and Ensure. We are in a better position now than a year ago to peruse a line of energy drinks, as it was important to get a NPN number from Health Canada first.”

Kelly Ann Woods, CEO of BRUJERA Comments:

“We are pleased to be aligning ourselves with Primo for this line of adaptogenic mushroom drinks. At a time when immunity and cognitive function are at the forefront of people’s minds, this product is sure to be one in many people’s daily regime.”

The Global Energy Drink Market

According to Allied Market Research, the global energy drinks market size was valued at USD$53B in 2018 and is expected to reach USD$86B by 2026. https://www.alliedmarketresearch.com/energy-drink-market

About Primo Nutraceuticals Inc.

Primo Nutraceuticals Inc. (“Primo” or the “Company”) is dedicated to funding the rapid growth in production, processing, retail and branding of cannabis and non-cannabis natural health products in Canada and the United States. Primo has invested in several brands and is pursuing partnerships with retailers and distribution companies in Canada and the United States. Primo Nutra’s management is in the process of building a corporate road map to further vertically integrate the Company, specifically by way of the “Primo” & “Thrive,” brands and a selection of curated partner brands. Most recently Primo announced that it had received its NPN and it has been issued a Medical Device Establishment License (MDEL) from Health Canada.

On behalf of the Board of Directors

PRIMO NUTRACEUTICALS INC.

“ Andy Jagpal ”

Andy Jagpal
President and Director

For further information, please contact Zoltan, IR Representative at: 604-722-0305, or; [email protected] .

To learn more about what this news means to the shareholders visit:

www.primonutraceuticals.com
www.twitter.com/Prmoinc
www.thrivecbd.com
www.mariannacorp.com
www.dcppe.net
 www.statebelevate.com

FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise. No regulatory authority has approved or disapproved the information contained in this news release.

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VIDEO – Soldier Launched Micro Drones, Electronic Soldier Decoys and a $93,000,000 Pipeline – Meet Brand New Listing KWESST Micro Systems $KWE.ca $WRTC $BYRN.ca $PAT.ca $POWW

Posted by AGORACOM-JC at 9:17 AM on Thursday, October 1st, 2020

If you haven’t heard of KWESST Micro Systems (KWE:TSXV) you’re not alone because the Company just listed for trading a couple of weeks ago – and it is probably the coolest new listing of 2020 if you love high-tech, covert defense systems that we only get to see in Tom Cruise movies.

KWESST is a leader in “soldier systems” which are technologies that increase the capabilities of soldiers,  Let’s be clear right off the start, KWESST doesn’t sell weaponry.  Rather, it sells technologies that make a big difference to the safety and effectiveness of soldiers.  

For example, out in a field of combat, soldiers emit Electro Magnetic (EM) signatures that make them detectable by enemy combatants.  KWESST has a battlefield decoy system that creates multiple false phantom signatures to spoof adversaries.  This picture is worth 1,000 words.  

 We could go on about many other such technologies created by KWESST but this is AGORACOM after all and we want to get down to the business of KWESST, the highlights of which are as follows:

  • A developer of next-generation systems for forces around the world, including those of NATO and its allies
  • A leadership team whose experience spans decades and hundreds of millions of dollars in military and homeland security contracts
  • A sales and distribution network of agents that spans the globe
  • Partnerships with globally recognized OEM’s, including Samsung
  • A sales pipeline that stands at $93,000,000 (not a typo) as of August 2020
  • Already generating revenues in 2020

And last but not least, a secret weapon in its Executive Chairman David Luxton, whose companies under his leadership have generated over $1,000,000,000 (Yes, BILLION).  

The soldier systems market is projected to hit $14.5 Billion by 2023 and, up until  now, small cap investors have never had a company to participate in this lucrative (and SUPER COOL) market.  

Now you do.  Meet KWESST Micro Systems.  Watch this first ever interview with David Luxton himself to learn about where KWESST is going.  

Watch this interview or listen by Podcast on Apple, Google, Spotify or your favourite podcaster.

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VIDEO – 7 Days After Elon Musk and #Tesla Commit To Silicon For Electric Vehicle Batteries, $HPQ.ca Silicon Receives Request For Nano Silicon From Undisclosed Auto Manufacturer $DUK $XEL $NEE $PYR.ca

Posted by AGORACOM-JC at 5:24 PM on Wednesday, September 30th, 2020

HPQ Silicon Resources (HPQ:TSXV) is a Canadian producer of Silicon that is building a line of specialty silicon products needed for electric batteries.

More than just lip service, HPQ has already announced NDA’s with 2 undisclosed companies in the space and has hinted at other NDA’s that are so tight they could not even be announced.

5 YEARS ON THE SILICON ROAD LESS TRAVELED

Over the past 5 years, HPQ has teamed up with 2 world renowned technology partners to manufacture high purity silicon cleaner, cheaper and better than anyone in the world – because you can’t dig it out of the ground like other battery metals such as graphite, cobalt and nickel. Now HPQ is on the verge of sending samples of its industry leading silicon to NDA and other potential partners as early as December.

However, despite providing shareholders with a great return during this period, HPQ’s silicon strategy was still met by scepticism amongst investors who found it easier to understand traditional battery metal stories.

TESLA CHANGED EVERYTHING OVERNIGHT

This all changed 7 days ago on September 23rd 2020, when this headline emerged from Tesla’s “Battery Day”

“Tesla To Revolutionize Use Of Silicon In Batteries: Slash Costs, Increases Range”

With the specific references to Silicon + Cheaper Cost + Longer Range, you would have thought HPQ wrote this headline themselves given the fact this is EXACTLY what they have been telling the world for the last 5 years.  Now, thanks to this headline, HPQ Silicon no longer has to convince everybody that Silicon is the holy grail of batteries …. Elon Musk and Tesla have done it for them in one fell swoop.

7 DAYS LATER, A GLOBAL AUTO MANUFACTURER COMES KNOCKING TO SECURE FIRST POSITION

This quote from CEO Bernard Tourillon says it all:

“To have piqued the interest of a major industrial player so early on, and to the point where they will pay for product before production just to secure a position, speaks volumes about where we are and what we are doing”

And this one from technology partner PyroGenesis Canada drives the point home:

“To receive this type of validation mere weeks after signing a Development Agreement with HPQ Silicon , and mere days after a major Battery Conference, which highlighted the importance of such products, is astounding. We are excited to see HPQ NANO effectively taking pre-orders from giants in the industry who, based on our experience, are not in the habit of wasting their time”

If you are serious about battery metals and electric vehicles entering a paradigm shifting parabolic stage in the next 5 years, then you owe it to yourself to watch this interview with CEO Bernard Tourillon.

Watch this interview or listen by Podcast on Apple, Google, Spotify or your favourite podcaster.

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Posted in AGORACOM Via Satellite, All Recent Posts, Featured, HPQ-Silicon Resources Inc. | Comments Off on VIDEO – 7 Days After Elon Musk and #Tesla Commit To Silicon For Electric Vehicle Batteries, $HPQ.ca Silicon Receives Request For Nano Silicon From Undisclosed Auto Manufacturer $DUK $XEL $NEE $PYR.ca

PK Beans $BEAN.ca Reports Significant Increase in Revenue from Ad Spend; Up 373% from August 2019

Posted by AGORACOM-JC at 9:07 AM on Wednesday, September 30th, 2020
30% Off PK Beans Coupon, Promo Codes
  • Reported significant growth in its online presence this year
  • August 2020 reported a 21% increase in online users and a 247% increase in web conversions; from 249 conversions in August 2019 to 1292 in 2020
  • Company saw a 292% increase in return on ad spend (ROAS) from 7x in August 2019 to 28x in August 2020.
  • These resulted in a 373% increase in revenue from ad spend, up from $25,668 to $121,425 in August 2019 and August 2020 respectively.

Vancouver, British Columbia–(September 30, 2020) – Peekaboo Beans Inc. (CSE: BEAN) (OTC Pink: PBBSF) (“PK Beans” or the “Company”), a responsible and innovative children’s apparel brand, is pleased to report significant growth in its online presence this year. August 2020 reported a 21% increase in online users and a 247% increase in web conversions; from 249 conversions in August 2019 to 1292 in 2020. The Company saw a 292% increase in return on ad spend (ROAS) from 7x in August 2019 to 28x in August 2020. These resulted in a 373% increase in revenue from ad spend, up from $25,668 to $121,425 in August 2019 and August 2020 respectively.

These numbers indicate growth and momentum as PK Beans continues to grow with their omni-channel business strategy. The Company saw a 65% returning customer rate in August 2020, and an increase of 5% for first time customers.

“We are very excited about these numbers,” says CEO, Traci Costa, “In an ever-changing retail environment, these metrics show us that we have a phenomenal product, understand our target market, our strategies are successful, and we continue to maintain strong customer loyalty. It also highlights our spectacular marketing and advertising team, as indicated by these above-industry standard ROAS metrics. This will help us strategize future campaigns as we continue to grow our brand, customer base and future ROAS potential.”

About Peekaboo Beans Inc.

PK Beans is an innovative children’s apparel brand with a focus on environmentally responsible clothes that are intentionally designed to inspire play. Through an omni-channel approach, Peekaboo Beans engages sellers through social platforms, including Instagram and Facebook, as well as online retailers, to maximize revenue and build brand loyalty. The Company works to promote a playful lifestyle for children by designing comfortable clothes that are built to last.

To learn more about PK Beans, visit: www.pkbeans.com

On behalf of the Board of Directors,
Peekaboo Beans Inc.

Ms. Traci Costa, President and CEO
(604) 279-2326

For more information, please contact the Company at:[email protected]
1-604-279-2326

Reader Advisory

This news release may include forward-looking information that is subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward-looking. Although the Company believes the expectations expressed in such forward-looking information are based on reasonable assumptions, such information is not a guarantee of future performance and actual results or developments may differ materially from those contained in forward-looking information. Factors that could cause actual results to differ materially from those in forward-looking information include, but are not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

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

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$HPQ.ca NANO Receives Request for Spherical Nano Silicon Material From Major Automobile Manufacturer; First Pre-Order Expected Soon $DUK $XEL $NEE $PYR.ca

Posted by AGORACOM-JC at 8:12 AM on Wednesday, September 30th, 2020
  • Received a request for Spherical Nano Silicon powders to be produced by the PUREVAP™ Nano Silicon Reactor from a major automobile manufacturer
  • When concluded, will represent the first order for these powders
  • The manufacturer is well aware that HPQ NANO will only fulfill this first order in December 2020 and, as such, this pre-order is simply a way for them to guarantee to be first in queue for this material
  • The automobile manufacture’s name shall remain anonymous for competitive and confidential reasons

MONTREAL, Sept. 30, 2020 — HPQ Silicon Resources Inc. ( “HPQ” or the “Company” ) TSX-V: HPQ ; FWB: UGE ; Other OTC : URAGF ; is pleased to announce today that its 100% owned subsidiary, HPQ Nano Silicon Powders inc (“HPQ NANO”), has received a request for Spherical Nano Silicon powders to be produced by the PUREVAP™ Nano Silicon Reactor (“NSiR ”) from a major automobile manufacturer which, when concluded, will represent the first order for these powders. The manufacturer is well aware that HPQ NANO will only fulfill this first order in December 2020 and, as such, this pre-order is simply a way for them to guarantee to be first in queue for this material. The automobile manufacture’s name shall remain anonymous for competitive and confidential reasons.

“This is indeed significant news. Although we do not expect this initial order to be a big order it does validate our strategic decision to enter this space,” said Bernard Tourillon, President & CEO of HPQ Silicon and HPQ NANO . “To have piqued the interest of a major industrial player so early on, and to the point where they will pay for product before production just to secure a position, speaks volumes about where we are and what we are doing. We are extremely proud as a Company to be at this table at this unique time . However, I must caution investors that although this pre-order signal s interest in our unique products, we are still at the very preliminary stages and there is no guarantee that anything of commercial value will materialize from these efforts. It does however demonstrate the potential for new and exciting advances by HPQ NANO in the silicon battery space.”

“We could not have wished for more so quickly,” said P. Peter Pascali CEO and Chairman of PyroGenesis Canada Inc. “To receive this type of validation mere weeks after signing a Development Agreement with HPQ Silicon , and mere days after a major Battery Conference, which highlighted the importance of such products, is astounding. We are excited to see HPQ NANO effectively taking pre-orders from giants in the industry who, based on our experience, are not in the habit of wasting their time. Once again congratulations to Bernard, his team, and his Board.”

About Silicon

Silicon (Si), also known as silicon metal, is one of today’s strategic materials needed to fulfil the Renewable Energy Revolution (“RER”) and the decarbonization of the economy presently under way. Silicon does not exist in its pure state; it must be extracted from quartz (SiO 2 ), in what has historically been a capital and energy intensive process.

About HPQ Silicon

HPQ Silicon Resources Inc. ( TSX-V: HPQ ) is a Canadian producer of Innovative Silicon Solutions, based in Montreal, building a portfolio of unique high value specialty silicon products needed for the coming RER.

Working with PyroGenesis Canada Inc. (TSX-V: PYR) , a high-tech company that designs, develops, manufactures and commercializes plasma – based processes, HPQ is developing:

  • The PUREVAP™ “Quartz Reduction Reactors” (QRR) , an innovative process (patent pending), which will permit the one step transformation of quartz (SiO 2 ) into high purity silicon (Si) at reduced costs, energy input, and carbon footprint that will propagate its considerable renewable energy potential ;
    °     HPQ believes it will become the lowest cost (Capex and Opex) producer of silicon (Si) and high purity silicon metal (3N – 4N Si);
  • The PUREVAP™ Nano Silicon Reactor (NSiR ) , a new proprietary process that can use different purities of silicon (Si) as feedstock, to make spherical silicon nanopowders and nanowires;
    ° HPQ believes it can also become the lowest cost manufacturer of spherical Si nanopowders and silicon-based composites needed by manufacturers of next-generation lithium-ion batteries ;
    °     During the coming months, spherical Si nanopowders and nanowires silicon-based composite samples requested by industry participants and research institutions’ will be produced using PUREVAP™ SiNR .

HPQ is also working with industry leader Apollon Solar of France to:

  • Use their patented process and develop a capability to produce commercially porous silicon (Si) wafers and porous silicon (Si) powders;
    ° The collaboration will allow HPQ to become the lowest cost producer of porous silicon wafers for all-solid -state batteries and porous silicon powders for Li-ion batteries;
    ° Develop the hydrogen generation potential of Silicon nanopowders for usage with the Gennao™ system;
    ° Commercialize, exclusively in Canada, and non-exclusive in the U.S.A., the Gennao™ H2 system and the chemical powders required for the hydrolysis production of Hydrogen (“H2”).

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.

Disclaimers:

The Corporation’s interest in developing the PUREVAP™ QRR and any projected capital or operating cost savings associated with its development should not be construed as being related to the establishing the economic viability or technical feasibility of any of the Company’s Quartz Projects.

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 security’s 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.

For further information contact

Bernard J. Tourillon, Chairman, President and CEO Tel (514) 907-1011
Patrick Levasseur, Vice-President and COO Tel: (514) 262-9239
http://www.hpqsilicon.com Email: [email protected]

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CLIENT FEATURE: KWESST $KWE.ca A Leader in Defensive Technologies That Increase the Capabilities of Soldiers $WRTC $BYRN.ca $PAT.ca $POWW

Posted by AGORACOM-JC at 4:23 PM on Tuesday, September 29th, 2020

(KWE:TSXV)

WHY KWESST? HERE’S SOME GREAT REASONS

1.   KWESST is a leader in defensive technologies that increase the capabilities of soldiers, including
those of NATO and its allies. 

2.  These technologies make a critical difference to soldier safety and effectiveness. 

3.  The Leadership team experience spans decades and hundreds of millions of dollars in military and homeland security contracts.

4.  KWESST develops next-generation systems for forces around the world, with a particular focus on special forces among NATO countries and their allies.

5.  KWESST partners with globally recognized equipment manufacturers to integrate its systems into their solutions to create high value-add products for global customers.

6.  KWESST provides small cap investors with a rare opportunity to invest in a high-growth, technology driven, global defence company with:

  • Tier-1 Customers
  • Global Customers
  • Proprietary Technologies
  • Diversified Product
  • Globally Renowned Executive Team With Massive Successful Track Records

FULL DISCLOSURE: Kwesst Micro Systems Inc. is an advertising client of AGORA Internet Relations Corp.

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$NAM.ca Announces #Rhodium Assay Program for River Valley in Q4 2020 $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN

Posted by AGORACOM-JC at 8:33 AM on Tuesday, September 29th, 2020
  • Announced its Q4 2020 program for the River Valley Palladium Project near Sudbury, Ontario
  • Primary focus of the program is a Phase 1 of a multi-phase rhodium assay program designed to prove-up the world’s most valuable metal as a payable component of River Valley.
  • Chairman & CEO Harry Barr stated; “We have seen the price of rhodium run from $6,050 an ounce to a high of $13,800 this year and the company plans to investigate the potential economic metal credit that rhodium offers at River Valley
  • We know the project contains rhodium as evidenced by its presence in our latest Mineral Resource Estimate.
  • However, rhodium was not included as a payable metal in our 2019 Preliminary Economic Assessment (PEA), due to insufficient number of assays and limited metallurgical recovery information.”
  • The highest-grade rhodium assay is 0.873 g/t Rh for drill core from the Lismer North Ridge Zone
  • This potential metal credit may be significant at current pricing and our objective is to complete sufficient re-assaying and metallurgy to prove that rhodium could provide up to 5% of the Project’s payable metal package”.

September 29, 2020 –  Rockport, Canada – New Age Metals Inc. (NAM) (TSXV:NAM ) ; ( OTC:NMTLF ) ; ( FSE:P7J) (“NAM” or the “Company”) NAM is pleased to announce its Q4 2020 program for the River Valley Palladium Project near Sudbury, Ontario. The primary focus of the program is a Phase 1 of a multi-phase rhodium assay program designed to prove-up the world’s most valuable metal as a payable component of River Valley. Chairman & CEO Harry Barr stated; “We have seen the price of rhodium run from $6,050 an ounce to a high of $13,800 this year and the company plans to investigate the potential economic metal credit that rhodium offers at River Valley. We know the project contains rhodium as evidenced by its presence in our latest Mineral Resource Estimate. However, rhodium was not included as a payable metal in our 2019 Preliminary Economic Assessment (PEA), due to insufficient number of assays and limited metallurgical recovery information. The Mineral Resource Estimation work completed to date shows over 25,000 ounces of rhodium in the Measured plus Indicated resource classification and an additional 20,000 ounces in the Inferred classification. The highest-grade rhodium assay is 0.873 g/t Rh for drill core from the Lismer North Ridge Zone . The first phase of the rhodium work will focus on the northern area of the Project, where initial production would potentially begin as determined in the 2019 PEA Study. This potential metal credit may be significant at current pricing and our objective is to complete sufficient re-assaying and metallurgy to prove that rhodium could provide up to 5% of the Project’s payable metal package”.

Rhodium Market

Rhodium (Rh), one of the six Platinum Group Metals, is a silver-white metallic element that is highly reflective and strongly resistant to corrosion. Rh’s primary use is in catalytic converters of automobiles, where it reduces the amount of nitrogen oxides (NOx) exhaust gases emitted into the atmosphere. In 2019, almost 90% of rhodium demand was from the auto-catalyst sector . Rh is a very special metal in terms of its performance in converting NOx into harmless gases, and will continue to be the metal of choice for the control of NOx .

Mined supply of Rh in 2019 was over 750,000oz and recycled supply was 315,000oz, resulting in a deficit of approximately 50,000oz. Rh supply is inelastic to demand for various reasons: Rh content in the earth’s crust is extremely rare, and the metal is mined as a by-product of platinum and palladium mining or nickel mining. There is no such thing as a primary Rh mine, and the major producers are all located in South Africa . South Africa produces over 85% of the global Rh supply annually, with majority of this supply being generated by the mining companies listed below (Rh production listed as a percentage of overall mining production):

  • – Sibanye Stillwater (2019 Rh production, 7% overall contributed 22% of revenue) – Anglo Platinum (H12020 Rh production, 7.5% overall contributed 34% of revenue) – Impala Platinum (H12020 Rh production, 6.5% overall contributed 25% of revenue)


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Rhodium Assay Program

Rhodium (Rh), the world’s most valuable metal (US$ 12,000/oz as of September 28, 2020),
is present with palladium and platinum at the River Valley Deposit (Figure 1). However, the amount of existing Rh assays is relatively small and their spatial distribution limited, due to the high cost of assaying. The highest-grade rhodium assay is 0.873 g/t Rh for a core sample from the Lismer North Zone . Rhodium is included in the 2001, 2012, 2018 and 2019 Mineral Resource Estimates. Rhodium grades in the 2019 Mineral Resource Estimate (Table 1) are based on
Rh assay data for 7,471 drill core samples and 2,641 channel samples, for a total of 10,112 assays. Of these, 8,268 core and channel sample Rh assays records are for the Dana North Zone,
1,338 core and channel sample Rh assay records for the Dana South Zone, and 506 core sample assays for the Lismer Zones: there are no Rh assays available in the database for the Pardo, Pine, Banshee, Lismer Ridge, Varley, Azen, and Razor zones . Clearly, the Rh assay data distribution is highly concentrated at Dana North. Furthermore, the rhodium mineral hollingworthite (Rh, Pt, Pd) AsS has been identified during mineralogical and metallurgical testwork studies of drill core from Dana North and Dana South. Although included in the 2019 Mineral Resource Estimate for the River Valley Palladium deposit, Rh was excluded in the 2019 Preliminary Economic Assessment as payable metal in the Net Smelter Return estimates.

In addition, a relatively small amount of additional Rh assay data (337 analyses) are available for core samples analyzed during an academic research project and for surface grab samples (158) assayed during exploration programs. The highest grades were 0.372 g/t Rh for the core and 0.309 g/t Rh for the surface grab samples. However, these data cannot be used directly for Mineral Resource Estimation purposes.

The Rhodium Assay Program for Q4 2020 is to be based on re-assaying available drill core samples for Rh. The drill holes to be sampled will be carefully selected from representative drill cross-sections of priority zones, primarily Pine Zone and possibly Dana South and Lismer North. Samples from mineralized core intervals above the lower cut-off grade and adjacent material are to be submitted to an appropriate laboratory for PGM assay with enhanced detection limits.
In addition to Rh (and palladium platinum and gold), the minor PGM ruthenium (Ru) and iridium (Ir) will also be assayed. The Q4 2020 work will be Phase 1 of a multi-phase program . Pending results and progress, the follow-up phases of work will include more sampling and assaying and mineralogical and metallurgical testwork, in order to ultimately prove-up rhodium as a payable metal for the River Valley Project.


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Figure 1. The mineralized zones and current pit constrained Mineral Resource Estimates of the River Valley Palladium Deposit near Sudbury, Ontario. Source: NAM press release dated August 8, 2019.


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Additional Activities for Q4 2020

Additional activities planned for Q4 regarding River Valley include environmental baseline studies, archaeological assessments, and development of new exploration targets for field validation and testing in 2021. The environmental baseline studies will involve a second round of surface water quality sampling and flow measurement. Exploration targeting will continue to focus on footwall mineralization, though at the Dana South Zone in addition to the Pine Zone-T3 target. The interior of the River Valley Intrusion will also be re-evaluated for the possibility of MT and gravity surveys to aid development of targeting models for contact-type PGM deposits.

About NAM

New Age Metals is a junior mineral exploration and development company focused on the discovery, exploration and development of green metal projects in North America. The Company has two divisions; a Platinum Group Metals division and a Lithium/Rare Element division. The PGM division includes the 100% owned River Valley Project, one of North America’s largest undeveloped Platinum Group Metals Projects, situated 100 km from Sudbury, Ontario as well as the Genesis PGM Project in Alaska. The Lithium division is the largest mineral claim holder in the Winnipeg River Pegmatite Field, where the Company is exploring for hard rock lithium and various rare elements such as tantalum and rubidium. Our philosophy is to be a project generator with the objective of optioning our projects with major and junior mining companies through to production. The Company is actively seeking an option/ joint venture partner for its road-accessible Genesis PGM project in Alaska and for our Lithium division in Manitoba.

About the River Valley Palladium Project

The details of the updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) were announced in the press release dated August 9, 2019 and are described on NAM’s website. The pit constrained Updated Mineral Resource Estimate formed the basis of the PEA . At a cut-off grade of 0.35 g/t PdEq, the Updated Mineral Resource Estimate contains 2.867 Moz PdEq in the Measured plus Indicated classifications and 1.059 Moz PdEq in the Inferred classification. The PEA is a preliminary report, but it demonstrates that there are potentially positive economics for a large-scale mining open pit operation, with 14 years of Palladium production. Refer to the NAM website (www.newagemetals.com) for details.

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If you have not done so already, we encourage you to sign up on our website ( www.newagemetals.com ) to receive our updated news.

Qualified Person

The contents contained herein that relate to Exploration Results or Mineral Resources is based on information compiled, reviewed or prepared by Dr. Bill Stone, P.Geo., a consulting geoscientist for New Age Metals. Dr. Stone is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content of this news release.

On behalf of the Board of Directors

“ Harry Barr”

Harry G. Barr

Chairman and CEO

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.

Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forw ard-looking statements.

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Avicanna $AVCN.ca Enters Agreement to Develop and License #Cannabinoid Tablet Formulations for US Distributor Partner $KHRN.ca $TRUL.ca $VFF.ca

Posted by AGORACOM-JC at 8:00 AM on Tuesday, September 29th, 2020
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  • Entered into an agreement whereby Avicanna will develop certain hemp-derived cannabinoid-based products including sublingual and sustained released tablets intended for the sleep market for a US distributor
  • The agreement showcases Avicanna’s expertise in cannabinoid product development and drug delivery across several delivery mechanisms

TORONTO , Sept 29, 2020 – Avicanna Inc. (” Avicanna ” or the ” Company “) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), a biopharmaceutical company focused on the development, manufacturing and commercialization of organic and sustainable plant-derived cannabinoid-based products, is pleased to announce that it has entered into an agreement (the ” Agreement “) whereby Avicanna will develop certain hemp-derived cannabinoid-based products including sublingual and sustained released tablets intended for the sleep market ( the ” Development Products “) for a US distributor (” USCo “).

Under the Agreement, Avicanna will develop the intellectual property (the ” Development IP “) that forms the basis of the Development Products for a development fee. Based on the Development IP, USCo will manufacture, distribute and market the Development Products and will pay Avicanna an ongoing royalty payment based on the gross revenue of the Development Products. Avicanna will also have the opportunity to supply the cannabinoids for the manufacture of the Development Products.

Aras Azadian , CEO of Avicanna, commented: “We continue to demonstrate our advanced capabilities in formulation development, optimization and drug delivery for the cannabinoid industry which has utilities across CPG, adult use, medical and pharmaceutical applications. We also take pride in being selected by world class partners to provide our technology and intellectual property which in turn provides additional sources of revenue in the form of royalties.”

To the knowledge of the Company, it carries out its operations in compliance with all applicable laws in the jurisdictions in which it operates.

About Avicanna

Avicanna is a diversified and vertically integrated Canadian biopharmaceutical company focused on the research, development, and commercialization of plant-derived cannabinoid-based products for the global consumer, medical, and pharmaceutical market segments.

Avicanna is an established leader in cannabinoid research and development, which it primarily conducts at its R&D headquarters in the Johnson & Johnson Innovation Centre, JLABS @ Toronto, Canada and in collaboration with leading Canadian academic and medical institutions. In addition to its developing pharmaceutical pipeline, Avicanna’s team of experts have developed and commercialized several industry leading product lines, including:

  • Pura H&W™: an advanced and clinically tested line of CBD consumer derma-cosmetic products; and,
  • RHO Phyto™: an advanced line of medical cannabis products containing varying ratios of CBD and THC currently available nation-wide across Canada in partnership with Medical Cannabis by Shoppers™, a subsidiary of Shoppers Drug Mart. RHO Phyto is the first strictly medical formulary of advanced “Cannabis 2.0” products, containing oils, sprays, capsules, creams, and gels, all developed with scientific rigour, manufactured under GMP standards and supported by pre-clinical data.

With ongoing clinical trials on its derma-cosmetic (Pura H&W), medical cannabis (RHO Phyto) and a pipeline of pharmaceutical products, Avicanna’s dedication to researching the important role that cannabinoids play in an increasingly wider scope of products has been at the core of the Company’s vision since its inception. Furthermore, Avicanna’s commitment to education is demonstrated through its annual medical symposium, the Avicanna Academy educational platform, and the My Cannabis Clinic patient program through its subsidiary company.

Avicanna manages its own supply chain including cultivation and extraction through its two majority-owned subsidiaries, Sativa Nativa S.A.S. and Santa Marta Golden Hemp S.A.S., both located in Santa Marta, Colombia. Through these sustainable, economical, and industrial scale subsidiaries, Avicanna cultivates, processes, and commercializes a range of cannabis and hemp cultivars dominant in CBD, CBG, THC, and other cannabinoids for use as active pharmaceutical ingredients. Avicanna’s Avesta Genetica program specializes in the development and optimization of rare cultivars for commercial production along with feminized seeds for global export. In June 2020, Avicanna made history with a shipment of hemp seeds to the United States of America by completing the first ever export of hemp seeds from Colombia.

Stay Connected

For more information about Avicanna, visit www.avicanna.com , call 1-647-243-5283, or contact Setu Purohit , President by email at [email protected] .

Cautionary Note Regarding Forward-Looking Information and Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. Forward-looking information contained in this press release may be identified by the use of words such as, “may”, “would”, “could”, “will”, “likely”, “expect”, “anticipate”, “believe, “intend”, “plan”, “forecast”, “project”, “estimate”, “outlook” and other similar expressions, and includes statements with respect to the ability of Avicanna or USCo to perform under the Agreement, the ability of the Company to develop the Development IP to form the basis of the Development Products, the ability of USCo to manufacture and distribute the Development Products, and the ability of the Company to supply the cannabinoids to be used in the manufacture of the Development Products. Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors relevant in the circumstances, including assumptions in respect of current and future market conditions, the current and future regulatory environment; and the availability of licenses, approvals and permits.

Although the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. Forward-looking information is subject to a variety of risks and uncertainties that could cause actual events or results to differ materially from those projected in the forward-looking information. Such risks and uncertainties include, but are not limited to current and future market conditions, including the market price of the common shares of the Company, the delay or failure to receive regulatory approvals, and the risk factors set out in the Company’s annual information form dated April 15, 2020 , filed with the Canadian securities regulators and available under the Company’s profile on SEDAR at www.sedar.com .

The statements in this press release are made as of the date of this release. The Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

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$ZeU.ca to Acquire Financial Services Provider Prego International Group

Posted by AGORACOM-JC at 11:42 AM on Monday, September 28th, 2020
  • Entered into an arm’s length binding letter of intent with Prego International Group AS
  • A Norway-based global payment solution provider which develops and operates a range of payment services for partners and clients worldwide, and its majority shareholder, to acquire all of Prego’s outstanding securities.
  • ZeU will acquire 100% of the issued and outstanding securities of Prego, though a wholly-owned subsidiary for consideration of $8,125,000 paid as $7,500,000 in the form of unsecured convertible debentures of ZeU Sub, $625,000 through the issuance of 2,500,000 ZeU common shares at a deemed price of $0.25 per share, and the issuance of 7,500,000 non-transferable ZeU Share purchase warrants of ZeU, each entitling the holder to acquire one (1) ZeU Share at a price of $0.60 for a period of 24 months from the closing of the Transaction

Montreal – September 28, 2020 – ZeU Crypto Networks Inc. (CSE:ZEU) (CNSX:ZEU.CN) is pleased to announce that on September 27, 2020, it entered into an arm’s length binding letter of intent with Prego International Group AS, a Norway-based global payment solution provider which develops and operates a range of payment services for partners and clients worldwide, and its majority shareholder, to acquire all of Prego’s outstanding securities.

“(…) A core strategic objective for ZeU is generating recurring revenues with high gross margins”, says Frank Dumas, CEO of ZeU. “(…) We anticipate that this strategic acquisition will deliver the type of operational synergies we are focused on. Prego’s network and already operating licenced platforms should serve as a multiplicator for the deployment of our services. We expect ZeU’s digital wallet to be integrated with all distributed debit and credit cards that will reach subscribers starting in the first part of next year. Meanwhile, we are proposing to acquire a profitable financial service provider that can be leveraged to accelerate the growth of the resulting aggregated entity (…)”.

“ The transaction we are announcing between Prego and ZEU completes the ambition between both parties to synergize strategic opportunities for future payment concepts. Furthermore, by joining forces, we are strengthening our company and our shareholders’ interests in general” commented Ronald Eriksen, Chairman, Prego International Group AS.

Purchase Price

The Agreement provides that ZeU will acquire 100% of the issued and outstanding securities of Prego, though a wholly-owned subsidiary (” ZeU Sub “) for consideration of $8,125,000 paid as $7,500,000 in the form of unsecured convertible debentures (the ” Convertible Debentures “) of ZeU Sub, $625,000 through the issuance of 2,500,000 ZeU common shares (each a ” ZeU Share “) at a deemed price of $0.25 per share, and the issuance of 7,500,000 non-transferable ZeU Share purchase warrants (the ” ZeU Warrants “) of ZeU, each entitling the holder to acquire one (1) ZeU Share at a price of $0.60 for a period of 24 months from the closing of the Transaction (the ” Closing Date “). Other than normal course operational credit, Prego is currently debt-free and has posted a profit in its last 8 quarters.

The principal amount of the Convertible Debentures will bear interest at a rate of 6% per annum from and including their date of issue until the earlier of their date of conversion and the date which is 48 months from the Closing Date (the ” Maturity Date “), and will be redeemable at any time until the Maturity Date.

The principal amount of the Convertible Debentures together with the accrued interests will automatically convert in common shares of ZeU Sub on the earlier of: (i) the Maturity Date; and (ii) a liquidity event, at a conversion price equal to the higher of: (a) $1.00; and (b) the last financing price of ZeU Sub.

The Convertible Debentures holders will also have the option at any time after the Closing Date and prior to the earlier of: (i) the Maturity Date, and (ii) a liquidity event, to convert all of the principal amount together with accrued interest into ZeU Shares at a price equal to the higher of: (a) $1.00; and (b) the 5 days vwap of the ZeU Shares.

The ZeU Shares issued pursuant to the Transaction, and upon any conversion triggered by the Convertible Debentures holders, will be subject to a voluntary resale restriction of 1 year from the Closing Date, or the date of conversion, respectively.

Conditions

The Transaction completion is conditional on several provisions, including completion of a definitive agreement, final due diligence, Prego minority shareholders’ approval and other regulatory review.

Finder’s Fee

A finder’s fee in connection to this transaction may be paid.

ON BEHALF OF THE BOARD OF DIRECTORS

“Frank Dumas”

Frank Dumas
President & CEO

About ZeU

ZeU is a forward-thinking Canadian technology company that has developed a state-of-the-art blockchain protocol, providing the foundation for the next generation of encrypted and distributed networks. Thanks to its high level of sophistication, ZeU’s technology maximizes transparency, security and scalability as well as big data management. ZeU’s strategy is to monetize blockchain transactions in diverse sectors such as payment, gaming, data, and healthcare.

About Prego

Prego International Group AS, currently a private limited company incorporated in Norway, operates as a global payment solution provider operating internationally from its HQ in Oslo, Norway and other key operational hub-offices in Kuala Lumpur, Malaysia; London, UK; and Singapore. Prego develops and operates payment programs through worldwide payment networks as MasterCard and VISA International, built on prepaid payment card programs globally.

Prego operates in the fast-growing global payment market, currently one of the most highly rated sectors within financial technology, driven by NEO challenger banks, global remittance networks, and many other businesses, challenging the traditional banking sector.

Prego has developed Pay2Go(TM), a licensed World-Class payroll payment program with prepaid debit cards, bank account and online mobile banking access designed for underserved users as foreign labor, migrants and refugees. Our programs are distributed through agent networks primarily in South East Asia, the Middle East and the EU and will also be offered in other parts of the world.

Forward-Looking Information

Statements in this press release regarding ZeU’s business which are not historical facts are “forward-looking statements” that involve risks and uncertainties, such as terms and completion of the proposed transaction. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.

Completion of the Transaction is subject to a number of conditions, including but not limited to, execution of a definitive agreement relating to the Transaction, CSE acceptance, and if applicable, disinterested shareholder approval. Where applicable, the Transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the Transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a ZeU should be considered highly speculative.

The CSE has in no way passed upon the merits of the Transaction and has neither approved nor disapproved the contents of this press release.

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Vegaste Technologies Corp. $VEGA.ca to offer #Odacité products in newly launched plant-based cosmetics section of online store $BYND $TSN $CAG $FMCI $VERY $MEAT

Posted by AGORACOM-JC at 8:40 AM on Monday, September 28th, 2020
PlantX | LinkedIn
  • Company’s e-commerce platform www.PlantX.com will begin featuring plant-based cosmetics products from Odacité
  • Odacité came to life when founder, Valérie Grandury, wanted to stop exposing herself to the potentially harmful ingredients found in mainstream health and beauty products, starting with skincare
  • “We are very excited to launch PlantX’s cosmetics section, as we believe it is a massive vertical for a plant-based company,” said Julia Frank , Vegaste’s CEO. “Offering cruelty-free skincare products that are free of toxins and chemicals is very important to us.”

VANCOUVER, BC , Sept. 28, 2020  – Vegaste Technologies Corp. (the ” Company ” or ” Vegaste “) (CSE: VEGA ) (Frankfurt: WNT1), is pleased to announce that the Company’s e-commerce platform www.PlantX.com will begin featuring plant-based cosmetics products from Odacité.

The addition allows PlantX, the digital face of the plant-based community and the one-stop-shop for everything plant-based, to further expand its category verticals, which includes or will soon include plant-based vitamins and supplements from Stay Wyld Organics, pre-made meals from LA-based chef Gregg Drusinsky , groceries like Mid-Day Squares plant-based chocolate bars and Minor Figures oat milk, and the Company’s own PlantX Canadian glacial water.

PlantX’s new cosmetics section https://plantx.com/cosmetics/ will offer consumers plant-based skincare products derived from botanical extracts as opposed to the chemical compounds, toxins and synthetics found in traditional cosmetics. The site’s selection of skincare products will be of natural origin including fragrances and colorants. The Company will launch with plant-based products from Odacité followed by products from Earth Kiss, Clearly Natural and The Honest Company with plans to add many more.

Odacité came to life when founder, Valérie Grandury, wanted to stop exposing herself to the potentially harmful ingredients found in mainstream health and beauty products, starting with skincare. Unwilling to sacrifice performance for the sake of purity, she had the daring to combine the best of two worlds: the research and expertise associated with French skincare with the healthy and green California lifestyle. Odacité hand-selects each ingredient in its products to ensure sustainability, freshness and quality and promises results-driven, GMO-free and cruelty-free skincare products.

“We are very excited to launch PlantX’s cosmetics section, as we believe it is a massive vertical for a plant-based company,” said Julia Frank , Vegaste’s CEO. “Offering cruelty-free skincare products that are free of toxins and chemicals is very important to us.”

“As a skincare company based on clinical phytotherapy and seed-to-skin remedies, we couldn’t be more excited about partnering with PlantX, the digital face of the plant-based community,” said Rheana McKim , Odacité Key Account Executive – North America . “We can’t wait to discover new recipes and restaurants on PlantX.com.”

Since its inception in October 2019 , the Company’s PlantX platform has quickly emerged as an industry leader. As the fledgling plant-based sector continues its explosive growth, the Company will be at the forefront by continually evolving and delivering new ways to expand PlantX. With its forward-looking, cutting edge approach, the Company will continue to secure significant partnerships across North America while exploring innovative ways to expand both its e-commerce capabilities and digital resources to help educate, inspire, and uplift consumers.

The Company website is http://investor.PlantX.com/ .

About Vegaste

As the digital face of the plant-based community, Vegaste’s PlantX platform is the one-stop-shop for everything plant-based. With its fast growing category verticals, the Company will offer customers across North America more than 10,000 plant-based products by the end of September. In addition to offering meal and indoor plant deliveries, Vegaste currently has plans underway to expand its product lines to include cosmetics, vitamins, clothing, and its own water brand — but the business is not limited to an e-commerce platform. Vegaste uses its digital platform to build a community of like-minded consumers and most importantly, provide education. Its successful enterprise is being built and fortified on partnerships with top nutritionists, chefs, and brands. Vegaste eliminates the barriers to entry for anyone interested in living a plant-based lifestyle, and thriving in a longer, healthier, and happier life.

The Company’s lynchpin www.PlantX.com is the digital face of everything plant-based and fueled by the power of education and accessibility. For those who don’t have the time to cook their own healthy plant-based meals, Vegaste offers a wide array of pre-made meals curated by executive chefs and nutritionists. For those looking to learn how to cook their own plant-based meals, Vegaste offers regularly updated weekly recipes. Unlike other plant-based e-commerce companies, Vegaste has a large selection of indoor plants for sale. The site educates consumers on the benefits of a plant-based diet with a specialized blog, connects like-minded individuals with its forum, and provides resources for the best plant-based restaurants, pop-up retailers and products across Canada and the USA .

Forward-Looking Information

This press release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. The forward-looking information contained herein includes statements regarding the products to be available on the Company’s PlantX e-commerce platform and the Company’s business and strategic plans.

By their nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this press release including, without limitation: the Company’s ability to secure additional commercial partnerships for products, the Company’s ability to comply with all applicable governmental regulations including all applicable food safety laws and regulations; impacts to the business and operations of the Company due to the COVID-19 epidemic; the risks inherent in having a limited operating history, the ability of the Company to access capital to meet future financing needs; the Company’s reliance on management and key personnel; competition; changes in consumer trends; foreign currency fluctuations; and general economic, market or business conditions.

Additional risk factors can also be found in the Company’s continuous disclosure documents which have been filed on SEDAR and can be accessed at www.sedar.com . Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

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