Agoracom Blog Home

Posts Tagged ‘$TSXV’

Enertopia Provides Canadian Medical Marihuana Update

Posted by AGORACOM-JC at 11:00 AM on Friday, June 12th, 2015

  • Signed a binding LOI to sell its wholly owned sub Thor Pharma Corp along with the MMPR application number 10MMPR0610
  • Burlington MMPR license application will continue in the application process under new ownership
  • Joint Venture could receive up to $1,500,000 in milestone payments upon the Burlington facility becoming licensed under the MMPR program

VANCOUVER, BC / June 12 2015 – Enertopia Corporation (ENRT-OTCBB) (TOP-CSE) (the “Company” or “Enertopia”) announces updates with respect to the Burlington and The Green Canvas Joint Ventures.

Enertopia has signed a binding LOI to sell its wholly owned sub Thor Pharma Corp along with the MMPR application number 10MMPR0610. The Burlington MMPR license application will continue in the application process under new ownership. The Joint Venture could receive up to $1,500,000 in milestone payments upon the Burlington facility becoming licensed under the MMPR program. These monies would be split approximately 50% with Lexaria Corp. Subsequent with this deal the Burlington Joint Venture between Enertopia and Lexaria which was entered into on May 27, 2014 has been terminated due to the pending sale of the project. The Enertopia and Lexaria Master Joint Venture Agreement entered into on March 5, 2014 is still in good standing as both companies continue to look at synergistic opportunities to increase shareholder value.

After thorough examination of the Medical Marihuana industry in Canada and current participants within the sector, it is apparent that raising capital to push projects forward is not currently in the best interests of the Company. Therefore, the Company and The Green Canvas have mutually agreed to terminate their Joint Venture and 6,400,000 shares of Enertopia held in escrow with respect to The Green Canvas Joint Venture will be returned back to corporate treasury and cancelled.

Enertopia is and will continue to be an advocate for medical cannabis for patients and applauds the landmark Supreme Court of Canada ruling on June 11, 2015. This ruling upheld the rights of legal MMAR and MMPR medical cannabis patients in Canada. The unanimous ruling allows valid legal medical patients to choose how they want to administer medical cannabis by the method that is best suited to their medical condition and body absorption. This is looks to be a very positive development for the Canadian medical marihuana sector going forward, as the Federal Government will have to modify or implement a program for the administration of other forms of medical cannabis consumption.

Enertopia will continue to look for opportunities in the MMJ and other sectors that offer the best return for all stakeholders with the least amount of dilution to the Company. The Company looks forward to utilizing its learned knowledge in the MMJ sector and will continue on its path of becoming a licensed producer.

“The Company has completed two milestones in building a stable foundation with its ownership of 1,000,000 shares in Lexaria Corp which has just filed PCT for patent pending bio technologies and the potential of approximately $750,000 in future payments from the Burlington application,” Stated President Robert McAllister

The Company looks forward to providing information via social media, website and press releases as news and events become known over the coming weeks.

About Enertopia

We are a company with the mission to empower people with a better way of living through healthy lifestyle choices in helping you live your life your way. Our core values of honesty, integrity, and commitment help to define our corporate practices and demonstrate our dedication in helping individuals whether they are encountering health issues based on age, diet or have suffered a traumatic physical, mental or an emotional event.

Enertopia’s shares are quoted in Canada with symbol TOP and in the United States with symbol ENRT. For additional information, please visit www.enertopia.com or call Robert McAllister, the President: (250) 765-6412

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, potential and financing of its medical marihuana projects, evaluation and sale of sexual creams and other items, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions that are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements., foreign exchange and other financial markets; changes of the interest rates on borrowings; hedging activities; changes in commodity prices; changes in the investments and exploration expenditure levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Enertopia Corporation operates. The User should refer to the risk disclosures set out in the periodic reports and other disclosure documents filed by Enertopia Corporation from time to time with regulatory authorities. There is no assurance that the Company will receive any milestone payments from the sale of Thor Pharma and the Burlington MMPR application, or that the 1,000,000 shares of Lexaria Corp will have any meaningful impact on the Company or the Company will be able to obtain future financings or a license under the MMPR program.

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

Medical marijuana includes cookies, brownies, oils and tea rules Supreme Court

Posted by AGORACOM-JC at 11:33 AM on Thursday, June 11th, 2015

The Supreme Court of Canada has ruled that limiting medical consumption to dried marijuana infringes on liberty protections under the Charter of Rights.Cannabis-infused peanut butter cookies are displayed for sale at a Weeds Glass and Gifts medical marijuana dispensary in downtown Vancouver, B.C.

DARRYL DYCK / THE CANADIAN PRESS

Cannabis-infused peanut butter cookies are displayed for sale at a Weeds Glass and Gifts medical marijuana dispensary in downtown Vancouver, B.C.

By: The Canadian Press, Published on Thu Jun 11 2015

OTTAWA—The Supreme Court of Canada says medical marijuana can include products other than dried pot, such as cannabis-infused cookies brownies, oils and tea.

The court has rejected an appeal by the federal government of a lower court ruling that medical marijuana users have a right to a range of products containing the drug.

In a 7-0 decision, the court ruled that limiting medical consumption to dried marijuana infringes on liberty protections under the Charter of Rights.

Current federal regulations stipulate that authorized users of physician-prescribed cannabis can only consume dried marijuana.

The case stems from the arrest in 2009 of Owen Smith, former head baker for the Cannabis Buyers Club of Canada, who was charged after police found more than 200 pot cookies and cannabis-infused olive oil and grapeseed oil in his Victoria apartment.

AGORACOM Welcomes DuSolo Fertilizers (TSX-V:DSF) Capitalizing on Brazil’s Growing Demand for Fertilizer

Posted by AGORACOM-JC at 5:25 PM on Wednesday, June 10th, 2015

BY BEING A DOMESTIC FERTILIZER PRODUCER, DUSOLO IS ABLE TO OFFER A PREMIUM PRODUCT AT A SIGNIFICANTLY LOWER COST

  • Entered into a two-year, 60,000 tonne sales contract (30,000 tonnes per year) for its 15% P2O5 Direct Application Natural Fertilizer product with a local Brazilian fertilizer distributor
  • Over the term of the Contract, the Buyer has agreed to pay BRL230 per tonne for total proceeds of BRL13,800,000 or approximately C$5,500,000


  • Assets host at surface, high-grade phosphate mineralization, which allows for a simple mining and processing method
  • Direct Application Natural Fertilizer (DANF) product is in high demand in the region
  • No additional transportation or logistics costs are added to our DANF product prices

BRAZIL IS ONE OF THE WORLD’S FASTEST GROWING AGRICULTURAL ECONOMIES

  • World’s largest exporter of sugar, coffee and orange juice and the second largest in soybean exports
  • Domestic fertilizer supply does not meet current demands
  • Brazil currently imports more than 50% of phosphate fertilizers from it uses overseas
  • Significant transportation and logistic-related costs are added to imported fertilizers

MANY NEAR TERM CATALYSTS EXPECTED

  • Entering into additional DANF product sales contracts

  • Doubling capacity at  processing facility to 160,000 tonnes per year
  • Updating the National Instrument 43-101 Resource Estimate to include results from the 2015 drill campaign – Recent drill results confirm presence of additional high-grade phosphate mineralization beyond areas identified in initial resource estimate
  • Third Party Economic Evaluation of Operations Planned for 2015
  • Cash flow from operations

PHOSPHATE IS BECOMING AN IMPORTANT COMMODITY


  • The growing global population is creating an ever-increasing demand for food

  • Agricultural production requires the use of fertilizers from three essential minerals Nitrogen (N), Phosphorus (P) and Potassium (K) or (“NPK”)
  • Demand for phosphate-based fertilizers is rising, while existing global phosphate reserves are declining
  • It’s estimated that “peak phosphorus” production will occur by 2030
  • Brazil’s has a substantial shortage of domestically produced phosphate fertilizers; as a result the government considers it to be a strategic commodity

ADVANTAGES OF OPERATING IN THE CERRADO REGION

  • The Cerrado region is home to the largest arable land mass in the world – Majority of future increases in global food production is expected to come from this region

  • The tropical rains in the Cerrado wash away nutrients, leaving the soil poor for farming and needing to be fertilized frequently
  • Cerrado is land locked, therefore making fertilizer imports very expensive
  • Within a 500 km radius of DuSolo’s processing facility:
    • 1.2 million tonnes of phosrock is being consumed every year
    • 585 farms and agricultural centres exist
    • DANF consumption is growing at a compound annual growth rate f 6%
    • No domestic production

V-Love Available Between the Sheets Sales Update

Posted by AGORACOM-JC at 8:41 AM on Wednesday, June 10th, 2015

  • Interest in V-Love has remained high resulting in sales of over 150 units which has exceeded expectations
  • Announcing in the coming weeks additional retailers and online listings where V-LoveTM will be available for purchase

VANCOUVER, BC / June 10, 2015 – Enertopia Corporation (ENRT-OTCBB) (TOP-CSE) (the “Company” or “Enertopia“) is pleased to announce a V-LoveTM sales update in its initial month of being available to the retail market for purchase.

Interest in V-Love has remained high resulting in sales of over 150 units which has exceeded our expectations.

V-LoveTM product sales have consisted of both a retail presence and the Company’s attendance at various health and wellness conferences and events. “We are very pleased with our initial sales and are committed to empowering individuals with a better way of living through healthy lifestyle choices,” stated President Robert McAllister.

We will be announcing in the coming weeks additional retailers and online listings where V-LoveTM will be available for purchase.

V-LoveTM is a sexual desire gel and personal lubricant for women that may help to increase desire and reduce discomfort during intercourse.

About Enertopia

Enertopia’s shares are quoted in Canada with symbol TOP and in the United States with symbol ENRT. For additional information, please visit www.enertopia.com or call Robert McAllister, the President: (250) 765-6412

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, potential and financing of its medical marihuana projects, evaluation and sale of sexual creams and other items, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions that are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements., foreign exchange and other financial markets; changes of the interest rates on borrowings; hedging activities; changes in commodity prices; changes in the investments and exploration expenditure levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Enertopia Corporation operates. The User should refer to the risk disclosures set out in the periodic reports and other disclosure documents filed by Enertopia Corporation from time to time with regulatory authorities. There is no assurance that V-Love TM will have any meaningful impact on the Company or the Company will be able to obtain future financings.

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

CLIENT FEATURE: Newnote (NEU: CSE) Canada’s Only Publicly Traded Bitcoin Company

Posted by AGORACOM-JC at 2:22 PM on Tuesday, June 9th, 2015

Why Newnote Financial?

  • Pioneering innovative crypto-currency related software products and services geared at this growing global market
  • Positioned as a leader in delivering opportunities for companies and businesses wishing to participate in the Bitcoin economy while continuing to create value for our shareholders and stakeholders
  • Developing its own philanthropic crypto-currency, opened a datacenter for Bitcoin mining, secured over 100 terahashes for its cloud hashing services

Recent Highlights

  • Acquired BitVisits.com, a Paid-To-Surf advertising platform enabling web surfers to obtain Bitcoin by visiting advertisers web sites.
  • Announced live public beta launch of proprietary crypto-currency exchange, Puretrade. Puretrade enables users to trade Bitcoin, as well as other crypto-currency coin-pairings such as Bitcoin for Litecoin and vice-versa
  • Announced it has purchased an equity position in the crypto-currency payment processor Coinpayments Inc.
  • Entered into Strategic Partnership with Net-Cents to Enable Clients to Instantly Convert Crypto Currency to Fiat and Transfer Funds
  • Announced it has been retained by Silver Phoenix Resources Inc. (CSE: SP) to develop the worlds first Net Smelter Return (NSR) backed crypto-currency
  • Successfully development and launch of the first open-source gold-backed alternative crypto-currency, commissioned by Anthem Vault Inc. Anthem Vault is a leading technological innovator in the bullion markets and precious metals dealer offering fractional investment in one-kilo gold bars and COMEX-approved 1,000 oz. silver bars

Dedicated bitcoin mining Colocation Data Center

  • Secure underground Canadian facility is designed to handle the need for power and cooling for even the most powerful mining equipment.
  • Facility runs on 100% renewable energy, and has world-class security and energy infrastructure.
  • Miners can host their energy intensive mining equipment, which company will install in our facility, and they can remotely manage and mine Bitcoin or various altcoins of their choosing.

Growing network of ABM machines will allow people to conveniently buy bitcoin using their local fiat currency

Company ABM is quick and flexible. Some key advantages:

  • Fiat to Bitcoin in fifteen seconds
  • Accepts notes from over 200 countries
  • Supports leading exchanges, wallets and price feeds
  • Coded and audited by network security experts
  • Intuitive and simple user interface

Physical security is a priority, and the ABM has an internal steel vault that can be securely bolted to wall, stand, or countertop.

Charity Coin

  • Bringomg a new source of revenue for global charities.
  • When CryptoAid generates a coin, part of the currency will go to the miner and part goes to a pool of charities chosen by the CryptoAid community.

12 Month Chart

Garibaldi adds Golden Bear claims to Grizzly

Posted by AGORACOM-JC at 4:59 PM on Friday, June 5th, 2015

  • Announced the acquisition of the Golden Bear claims comprising 14 sq. km adjacent to the southern border of the Company’s B.C. flagship Grizzly Project in the Sheslay district.
  • Claims feature significant historic copper-gold showings including a massive sulphide bearing vein discovered by Chevron Minerals and North American Metals

TSXV: GGI
OTC: GGIFF 
Frankfurt: RQM

VANCOUVER, June 5, 2015 Garibaldi Resources Corp. (TSX.V: GGI) (the “Company” or “Garibaldi”) is pleased to announce the acquisition of the Golden Bear claims comprising 14 sq. km adjacent to the southern border of the Company’s B.C. flagship Grizzly Project in the Sheslay district.

These claims feature significant historic copper-gold showings including a massive sulphide bearing vein discovered by Chevron Minerals and North American Metals during construction of the Golden Bear mine road in 1988 (the road extends across the claims).

Garibaldi President and CEO Steve Regoci commented: “We’ve made this acquisition based on our growing understanding of the scale of the Grizzly system, not only west to east but north to south. What’s intriguing about the Golden Bear claims is the historic high-grade Wolverine gold showing, the extensive gold and copper-in-soil anomalies, and the fact that this promising area has never been drill-tested. These claims are very complementary to our ongoing exploration program at the Grizzly and they’ve been acquired at an opportunistic time in the market cycle.”

Under the terms of the arms-length agreement (dated May 11, 2015) for the Golden Bear claims, which expands the Grizzly to 286 sq. km, Garibaldi will issue 150,000 shares in exchange for a 100% interest subject only to a 2% NSR in favor of the vendor, half of which Garibaldi can buy back for $1 million CDN.

About Garibaldi

Garibaldi Resources Corp. is an active Canadian-based junior exploration company focused on creating shareholder value through discoveries and strategic development of its assets in some of the most prolific mining regions in Mexico and British Columbia.

We seek safe harbor.

GARIBALDI RESOURCES CORP.

Per: “Steve Regoci”

Steve Regoci, President

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or the accuracy of this release.

SOURCE Garibaldi Resources Corp.

GARIBALDI RESOURCES CORP., 1150 – 409 Granville Street, Vancouver, BC V6C 1T2, Telephone: (604) 488-8851 Web Site: GaribaldiResources.comCopyright CNW Group 2015

KWG Acquires Ring of Fire Claims From MacDonald Mines

Posted by AGORACOM-JC at 2:08 PM on Friday, June 5th, 2015

  • Agreed to acquire the 5-claim Hornby Property from MacDonald Mines Exploration Ltd. for 4 million treasury shares of KWG
  • vendor will retain a 2% NSR, half of which may be purchased by KWG for $1 million at any time prior to production from the property

TORONTO, ONTARIO–(June 5, 2015) – KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) has agreed to acquire the 5-claim Hornby Property from MacDonald Mines Exploration Ltd. for 4 million treasury shares of KWG. The vendor will retain a 2% NSR, half of which may be purchased by KWG for $1 million at any time prior to production from the property. KWG will also have the first right to buy the balance of the NSR at any time the holder proposes to sell it.

The Hornby Property claims constitute an extensive holding adjoining the southerly boundary of the Big Daddy Joint Venture property immediately to the north and would effectively double the surface area available for possible future mining operations at the Big Daddy deposit and the adjoining Black Thor deposit. The property is also adjacent to the Koper Lake property to the west that contains the Black Horse chromite deposit. The westernmost claim is underlain by the Ring of Fire Intrusion, the host rock of all the chromite deposits, and as such represents an important unexplored gap. The property carries banked assessment credits exceeding $390,000 which will provide almost 10 years of tenure. To view an updated claims map showing chromite deposit ownership in the Ring of Fire, click on the following link:www.kwgresources.com/_resources/maps/Chromite_Deposit_Ownership_Ring_of_Fire_Ontario.pdf.

About KWG:

KWG has a 30% interest in the Big Daddy chromite deposit and the right to earn 80% of the Black Horse chromite where resources are being defined. KWG also owns 100% of Canada Chrome Corporation which has staked claims and conducted a $15 million surveying and soil testing program, originally for the engineering and construction of a railroad to the Ring of Fire from Aroland, Ontario. KWG subsequently acquired patent interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. The company has determined that the reduction method can be employed to metalize finely ground chromite which may be recovered from slurry delivered to Aroland in an underground pipeline constructed within the Canada Chrome claims.

Shares issued and outstanding: 813,526,118

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

NEAH Power Systems to Provide Energy Solutions For Global Security and Defense

Posted by AGORACOM-JC at 7:40 AM on Friday, June 5th, 2015

  • Enters into Teaming Agreement for Global Business Development and System Integration, and Negotiations Related to Product Distribution and Sales with Clear Path Technologies, Inc.
  • Main focus of business development effort undertaken with the Teaming Agreement is to jointly pursue security and defense business with the U.S. Department of Defense, U.S. Department of Homeland Security and U.S. Department of Energy, as well as with foreign government counterparts within regions where Clear Path has established strong relationships, including the Middle East, Africa and Asia Pacific Region

BOTHELL, Wash., June 5, 2015  NEAH Power Systems, Inc. (OTCBB: NPWZ) (OTC: NPWZ) (the “Company”) and Clear Path Technologies (‘Clear Path’) announced today that they have entered into a Teaming Agreement for business development and system integration, and a Memorandum of Understanding (MOU) for the distribution, resale, and support of the Company’s products, including its Formira HODTM (Hydrogen On Demand) fuel cell to the growing global security and defense market.

The main focus of business development effort undertaken with the Teaming Agreement is to jointly pursue security and defense business with the U.S. Department of Defense, U.S. Department of Homeland Security and U.S. Department of Energy, as well as with foreign government counterparts within regions where Clear Path has established strong relationships, including the Middle East, Africa and Asia Pacific Region. Under the Teaming Agreement, Clear Path has also agreed to support NEAH Power with expert systems integration, engineering, technical and operational support.

The MOU entered into by NEAH Power and Clear Path provides the framework and terms by which a Distribution and Reseller Agreement will be executed. Said agreement will include definitive terms related to the distribution, sales, marketing and support of NEAH Power’s products in select regions and is expected to provide NEAH Power with expansive distribution and sales channels and high-level access to governmental agencies and commercial end users.

“We are excited to team with Clear Path to develop and support new commercial opportunities in the U.S. Government and in geographical regions in which we are not currently actively engaged,” said Dr. Chris D’Couto, President and CEO of Neah Power Systems, Inc. “With their expert management, strong commercial presence, unique system integration capabilities, and valuable geographical footprint, I am confident that together we will build relationships and the distribution and sales infrastructure that will establish a global market for NEAH Power’s products.”

As part of this collaboration, Clear Path has already identified substantial demand for NEAH Power’s product offerings for remote power applications in homeland defense projects through theMiddle East, Asia-Pacific and East Africa, and humanitarian efforts such as refugee camps and natural disaster response. Clear Path will work with NEAH Power to deliver a robust, reliable fuel cell system that will tolerate the conditions that systems experience in forward positions located in challenging environmental conditions, such that security and defense customers can unconditionally connect communications equipment, shelters, and control and surveillance electronics to NEAH Power’s systems.

“Based on feedback from some of the most experienced specialist and system engineers, we see NEAH’s Formira HODTM as an ideal, cost-effective, logistically viable solution for providing dependable remote power,” stated Roger Spillmann, President and CEO of Clear Path Technologies, Inc. “I believe NEAH’s fuel cell technology provides the most energy dense solution to power advanced, mission-critical sensor platforms that employs a safe liquid fuel which is readily available and can be easily transported, with less frequency. This makes it an optimal energy source to provide highly-dependable, portable, power in remote off-grid areas, notwithstanding addressing the power requirements of other military and commercial applications”

“In military applications, for example, the Formira HODTM will have a very significant impact and not only improve force protection by powering advanced sensors and equipment otherwise unavailable for lack of sufficient power, but also address the high expense, and control the risk of supply chain failure, that comes with frequent transporting of fuel to forward positions,” added Roger Spillmann. “For this reason alone, we believe the Formira HODTM system will result in more successful missions and prove invaluable to our customers.”

About Neah Power Systems, Inc

Neah Power Systems, Inc. is an innovator and supplier of cutting-edge power solutions for the military, transportation and portable electronics industries. Neah Power’s long-lasting, efficient, and safe solutions include patented and patent pending PowerChip®, Formira® and the BuzzBar Suite® of products. Most recently, Neah Power Systems was a 2012 ZINO Green Finalist, 2010 WTIA Finalist, and 2010 Best of What’s New Popular Science Award. For more information visitwww.neahpower.com.

About Clear Path Technologies, Inc.

Clear Path Technologies is a leader in advanced detection and identification sensors, and manufacturers of portable and robot-borne detectors incorporating its Atometry technology, which allow for non-invasive, non-destructive confirmatory detection of threat materials and other illicit substances. Clear Path’s Security Solutions Group provides customers with comprehensive security consulting, system design, training and support services. CPT Security Solutions comprises industry leading security and defense consultants, engineers and technologists. Clear Path’s team includes experts in military, commercial, and industrial solutions, with each security consultant having 20+ years of global experience in system design and systems integration. For more information visit http://www.clear-path-tech.com/

Forward Looking Statements

Certain of the statements contained herein may be, within the meaning of the federal securities laws, “forward-looking statements,” which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, and the Company does not undertake any responsibility to update any of these statements in the future. Please read Neah Power System’s Form 10-K for the fiscal year ended September 30, 2014 and its Quarterly Reports on Form 10-Q filed with the SEC during fiscal 2015 for a discussion of such risks, uncertainties and other factors.

For more information please contact the Company at 
David Schmidt, CFO
[email protected] 
+1-425-424-3324 ext. 110

Newnote Financial Message from the President

Posted by AGORACOM-JC at 9:07 AM on Thursday, June 4th, 2015

PayIvy.com Acquisition Highlights:

  • Over 20,000 merchants selling digital products online
  • 5000+ new merchants per month
  • Processing over $300,000 a month in transactions
  • Financially self-sustaining and profitable
  • Closest competitor is Fiverr.Com which has raised $50 million to date

Vancouver, British Columbia (FSCwire) Newnote Financial Corp. (the “Company”), (CSE: NEU; OTCQB: NWWTF; FSE: 1W4) President and CEO Paul Dickson reports: I am pleased to provide this brief update as we work to improve shareholder satisfaction from one of Canada’s only publicly traded companies engaged in the development and support of services related to crypto-currencies.

Over the past few months we have added key individuals to the executive team and retained top senior developers to bring our new and existing services to fruition. We have acquired PayIvy.com and Cointrader.net, both of which have positioned Newnote to be the beneficiary of significant financial gain and profitability.

In light of the recent billion dollar Shopify.com IPO, our very own 100% owned merchant store builder PayIvy.com went virtually unnoticed when acquired by Newnote in May. We are confident that PayIvy will be a major contender within the merchant services space due to the compelling statistics noted below.

PayIvy.com Acquisition Highlights:

  • Over 20,000 merchants selling digital products online
  • 5000+ new merchants per month
  • Processing over $300,000 a month in transactions
  • Financially self-sustaining and profitable
  • Closest competitor is Fiverr.Com which has raised $50 million to date
  • Hockey stick growth in past 2 months
  • Additional monetization methods coming soon

The Cointrader.net acquisition has presented us with many opportunities as we continue its development. We have been very pleased with its growth and have a strategy in place to grow revenue substantially by year end. Recently announced partnership with Rebit.ph enables users to send funds from Canada to countries such as the Philippines, South Africa, Mexico, and Kenya among others.

Cointrader.net Acquisition Highlights:

  • One of Canada’s Leading Bitcoin Exchanges
  • $18.9 million exchanged in 2014
  • Over $500,000 in revenue for 2014
  • 11,000 active users in Canada
  • 1,000 new users per month
  • 100% insured deposits
  • 1,000 POS and ATMs connected
  • Instant Bank Transfers via Interac Online
  • Remittance services to 10 countries
  • Integrations with Vogogo, Taype International, Coinpayments and Interac Online

In October of 2014, Newnote acquired a 20% equity position in Coinpayments.com, the world’s 3rd largest crypto-currency payment processor. At that time, Coinpayments had 7500 merchants and no fiat conversion. Over the past 8 months Coinpayments has continued to grow and evolve and has more than doubled its merchants. Coinpayments remains a privately held company and no independent valuation has been released at this time.

With Cointrader.net, PayIvy.com, and Coinpayments.com under our umbrella, Newnote’s developers are working to integrate our services into a complete eco-system where any individual can open a store in minutes on PayIvy.com; accept 50+ different crypto-currencies through Coinpayments.com, automatically convert those crypto-currencies into fiat and deposit them directly into their bank account through Cointrader.net. With Cointrader’s advanced API and brokerage solution, existing currency exchangers can offer USD/BTC and CAD/BTC currency conversion with additional currency pairs coming soon. These incredibly powerful tools will enable people from all corners of the world to participate in the digital currency revolution and we’re very excited to be a part of it.

In an effort to reduce advertising costs for promoting Newnote services, the Company acquired BitVisits.com in April 2015. BitVisits is a Paid-to-Surf advertising platform that allows its users to earn Bitcoin for viewing websites. At the time of purchase, BitVisits had 12,000 active web surfers generating thousands of page views per day. Today, BitVisits has over 20,000 web surfers — adding over 6000 new users in two months. BitVisits generates revenue from advertisers and accounts for up to 40% of referral traffic on Newnote services.

During the past year, Newnote has made several achievements within this emerging sector and has stayed focused on the task at hand; namely, we are creating and identifying great products and services while increasing shareholder value and having a positive impact on the digital finance sector as a whole.

Newnote Financial Highlights:

  • Distributed thousands of custom cold storage Bitcoin wallets
  • Designed and launched the world’s first gold backed crypto-currency

IndependenceCoin for client AnthemVault

  • Acquired one of the leading Bitcoin exchanges in Canada, Cointrader.net
  • Acquired a leading merchant services asset, PayIvy.com
  • Acquired an equity position in top crypto payment processor, Coinpayments.com
  • Acquired CoinExchange Bitcoin Trading App for Android devices
  • Acquired Advertising platform BitVisits.com
  • Secured an expert executive and development team
  • Positioned itself to be profitable in 2016 and going forward

Newnote intends to stay the course by continuing to create, innovate and pursue our vision of providing leading edge services, within our specialized space, while offering investors exposure to what may certainly be the most significant change in finance in the past 100 year’s.

About Newnote Financial Corp.

Newnote Financial Corp. is pioneering innovative crypto-currency and Bitcoin related software products and services geared at the growing business segment of this bourgeoning market. The Company owns and operates the Cointrader.net Bitcoin Exchange, PayIvy.com Online Store Builder, CoinExchange Android App, BitVisits.com Paid-to-Surf Advertising Platform, Bitcoin ATM Machines in London, Tokyo and Vancouver in addition to several other crypto-currency related assets. Newnote has positioned itself to be a leading contender in delivering opportunities to startup businesses world-wide and continues to create new opportunities for its clients and its shareholders. Newnote has a clear vision on the direction in which this new and unique business is headed and is continually adjusting and adopting new business practices in both technology and the policies & procedures required by banks and securities regulators.

Newnote Financial Contact Information

Paul Dickson

President, CEO & Director

Newnote Financial Corp.

CSE: NEU; OTCQB: NWWTF; FSE: 1W4

Suite 709-700 West Pender Street

Vancouver, BC V6C 1G8

Phone: 604-229-0480

Fax: 604-685-3833

web: www.newnote.com – www.cointrader.net – www.payivy.com

Cautionary note: This report may contain forward-looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Unless otherwise stated, any and all resource or reserve estimates are historical in nature, and should not be relied upon. By their nature, forward-looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as “reserves” unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.

To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/newnote06042015_2.pdf

Source: Newnote Financial Corp. (CSE:NEU, OTC Pink:NWWTF)http://www.newnote.com/

DuSolo Secures Multi-Year DANF Sales Contract for Proceeds Totaling C$5.5M

Posted by AGORACOM-JC at 8:17 AM on Thursday, June 4th, 2015

  • Entered into a two-year, 60,000 tonne sales contract (30,000 tonnes per year for its 15% P2O5 Direct Application Natural Fertilizer (“DANF”) product with a local Brazilian fertilizer distributor 
  • Over the term of the Contract, the Buyer has agreed to pay BRL230 per tonne for total proceeds of BRL13,800,000 or approximately C$5,500,000 (all figures as per the June 3, 2015 exchange rate).

VANCOUVER, BRITISH COLUMBIA–(June 4, 2015) – DuSolo Fertilizers Inc., (TSX VENTURE:DSF)(OTC PINK:ELGSF)(FRANKFURT:E6R) (“DuSolo” or “the Company”) is pleased to announce that it has entered into a two-year, 60,000 tonne sales contract (30,000 tonnes per year) (the “Contract”) for its 15% P2O5 Direct Application Natural Fertilizer (“DANF”) product with a local Brazilian fertilizer distributor (the “Buyer”). Over the term of the Contract, the Buyer has agreed to pay BRL230 per tonne for total proceeds of BRL13,800,000 or approximately C$5,500,000 (all figures as per the June 3, 2015 exchange rate).

“We are happy to be entering into yet another significant sales contract for this planting season,” said Eran Friedlander, President and CEO of DuSolo. “Being the sole local supplier of DANF in the region, our product is in demand as it offers local farmers a high quality fertilizer at competitive prices. We are currently in negotiations with a number of local agri-businesses for our DANF product and expect to announce more sales contracts in the coming weeks.”

The Buyer has made an advance payment of BRL115,000 or approximately C$45,600 for immediate delivery of 500 tonnes of DANF product. The Buyer has further committed to pay BRL575,000 or approximately C$228,500 for an additional 2,500 tonnes of DANF product, to be delivered by July 1, 2015.

This year the Company has secured the following sales contracts: 40,000 tonnes for approximately C$4,400,000 (announced January 12, 2015), 10,000 tonnes for approximately C$1,300,000 (announced April 7, 2015) and 1,100 tonnes for approximately C$102,000(announced April 21, 2015). In total, DuSolo has sales contracts in place for 81,100 tonnes of DANF product totaling approximately C$8,500,000 for the 2015 planting season, and an additional 30,000 tonnes for the 2016 planting season.

ABOUT DUSOLO

DuSolo Fertilizers Inc. is focused on developing a fully integrated process to produce phosphate based fertilizers within the Cerrado region of Brazil as part of a nationwide effort, incentivized by the government, to increase supply of domestically sourced fertilizers and achieve agricultural self sufficiency.

The Company’s shares are publicly traded on the TSX Venture Exchange under the symbol DSF, on the OTC Pink Sheets under the symbol ELGSF and on Frankfurt Stock Exchange under the symbol E6R.

On behalf of the Board of Directors

DuSolo Fertilizers Inc.

Eran Friedlander, President and CEO

Forward-looking statements

Certain information contained in this press release constitutes “forward-looking information”, within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur”, “be achieved” or “has the potential to”. Forward-looking statements contained in this press release may include statements regarding the future operating or financial performance of DuSolo which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: market conditions and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedar.com. The forward-looking statements included in this press release are made as of the date of this press release and DuSolo disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

Disclosure

The Company is not basing its decision to begin production of DANF on a feasibility study of mineral reserves demonstrating economic and technical viability. Without a technical report demonstrating economic and technical viability, there is increased uncertainty as to whether DuSolo will be able to economically produce DANF products and as to whether DuSolo will be confronted with any unforeseen technical impediments. Similarly, the Company has not completed a preliminary economic assessment before making production and project expansion decisions.

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

DuSolo Fertilizers Inc.
Eran Friedlander
President and CEO
(604) 272-7157
[email protected]
www.DuSolo.com