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U.S. Navy Buys $81 Million Lithium-Iron Battery

Posted by AGORACOM-JC at 4:56 PM on Monday, January 5th, 2015

Energy storage technology just got a big boost courtesy of Uncle Sam’s Canoe Club, also known as the U.S. Navy.

The Naval Sea Systems Command awarded an $81 million contract to K2 Energy Solutions, a developer and manufacturer of lithium-iron phosphate battery technology based in Henderson, Nevada, to design an energy storage system capable of powering “a large modular capacitor bank for the electromagnetic railgun.”

The electromagnetic railgun has become one of the largest science and technology projects supported by the Office of Naval Research. The railgun uses electricity rather than gunpowder or rocket motors to hurl hypersonic projectiles over extremely long distances. The railgun can deliver a projectile at speeds greater than Mach 7. A projectile can strike a target located more than 200 nautical miles away from a warship in about six minutes.

The railgun is one of the crown jewels in the Navy’s directed energy program, which also includes several high-risk, high-payoff laser technologies.

Directed energy technologies have critical advantages over traditional guns, bombs and other kinetic weapons, including the ability to attack multiple targets with greater precision. The Navy is not the only branch of the military pursuing directed energy applications.

“Directed Energy Weapons are a critical game-changing technology for the Navy-Marine Corps Team TISI -3.05%,” said James Thomsen, Assistant Secretary of the Navy for Research, Development and Acquisition.

The ability to generate the massive pulse of electricity required by the railgun has been a critical barrier to mass deployment. The battery contract awarded to K2 Energy Solution suggests that this barrier has at least partially been cleared.

Lithium-iron phosphate batteries are one of many types of lithium-ion batteries available in the market today. They are rechargeable and are typically used for high power applications that demand flat discharge rates and stay relatively cool.

K2 Energy Solutions Inc Provider NAVSEA

The contract was awarded in July but the first order was not placed until today. The battery system is expected to be completed by 2016. Per the U.S Department of Defense’s press release announcing the award: “K2 Energy Solutions, Henderson, Nevada, is being awarded a ceiling-priced $81,400,000 firm-fixed price/cost-plus fixed-fee, basic ordering agreement for the fully self-contained battery intermediate energy store system required to power a large modular capacitor bank for the electromagnetic railgun.”

In addition to military applications, K2 Energy Solutions has developed both high energy and high power cell battery technologies for medical, industrial and utility applications. The company was not available to comment.

Read more: http://www.forbes.com/sites/williampentland/2015/01/05/u-s-navy-buys-81-million-lithium-iron-battery/

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Mazorro Announces Results of Meeting, Management Changes, and Effective Date of Name Change and Amalgamation

Posted by AGORACOM-JC at 8:40 AM on Wednesday, December 31st, 2014

OTTAWA, ONTARIO–(Dec. 31, 2014) – Mazorro Resources Inc. (the “Company“) (CSE:MZO) (FRANKFURT:JAM) is pleased to announce that the following matters were approved by the Company’s shareholders at the special meeting of shareholders held on December 29, 2014:

(i) a change of business from mineral resource exploration to the medical marijuana industry upon completion of the Company’s previously announced acquisition of GrowPros MMP Inc. (the “GrowPros Sub“) pursuant to a three-cornered amalgamation between the Company, its wholly-owned subsidiary 9048073 Canada Inc., and the GrowPros Sub (the “Amalgamation“);
(ii) a change of name to “GrowPros Cannabis Ventures Inc.” (the “Name Change“) upon completion of the Amalgamation; and
(iii) an amended fixed share option plan (the “Plan“), which increases the maximum number of common shares reserved for issuance under the Plan to 5,807,048, representing 10% of the number of issued and outstanding common shares of the Company upon completion of the Amalgamation.

The Amalgamation was previously approved by the shareholders of GrowPros Sub at a special meeting of its shareholders held on December 22, 2014.

The Company has now completed the necessary corporate filings and has received certificates of amalgamation and amendment confirming January 1, 2015 as the effective date of the Amalgamation and the Name Change (the “Effective Date“). The Company expects to begin trading on the Canadian Securities Exchange (the “CSE“) under its new name and new trading symbol “GCI” on or about January 5, 2015, subject to the filing of all required documentation with the CSE. The new CUSIP and ISIN numbers for the Company’s common shares will be 39985Y102 and CA39985Y1025.

As of the Effective Date, the issued and outstanding capital of the Company will consist of 58,070,487 common shares, 15,463,000 common share purchase warrants, 501,300 agent compensation options, and 1,225,000 stock options.

The Company is further pleased to confirm, as previously announced, that as of the Effective Date, Mr. Ryan Brown will join the Company’s board of directors and will be appointed as the Company’s new President and CEO and Mr. Sabino Di Paola will be appointed as the Company’s new CFO and Corporate Secretary. Mr. Brown will be replacing Mr. Léo Côté, who will be resigning from the Company’s board of directors, and Messrs. Brown and Di Paola will assume the senior officer roles currently held by Mr. André Audet who will remain on the board of directors as Chairman but will resign as the Company’s Interim President, CEO, and CFO.

The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy

Forward-looking statements

Some statements in this release may contain forward-looking information. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential acquisitions and financings) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company’s ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, the inability of the Company to complete the Amalgamation and Change of Business, failure to obtain sufficient financing, and other risks disclosed in the Company’s public disclosure record on file with the relevant securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made and except as may be required by applicable securities laws. The Company disclaims any intent or obligation to update any forward-looking statement.

Andre Audet
Director
Phone: (613) 241-2332

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St. Georges New Nickel Discovery on the Julie Project in Quebec; Best Results Includes 2.07% Nickel Over 3.62 Meters

Posted by AGORACOM-JC at 11:43 AM on Monday, December 29th, 2014

Baie-Comeau, Quebec / December 29, 2014 / St-Georges Platinum and Base Metals Ltd. (OTCQX: SXOOF) (CNSX: SX) (BSE: 85G1) today confirmed the presence of a significant zone of Nickel-Copper-Cobalt mineralization on its wholly-owned Julie project located on the Quebec North Shore. Initial results received from Agat Laboratories from the latest surface exploration campaign yielded some noticeable nickel grade intervals from channel samples, drill core and blast samples.

A surface area measuring 70 metres by 56 metres referred to as “T1 Zone” is the focus of this news release. All of the initial results provided in the table below are from this zone. The ultramafic intrusive suite that hosts the new discovery can be traced along a magnetic conductor identified in 2011, which runs for approximately 13 kilometres in a WSW to ENE trend. At this point, it appears that the mineralized zone remains open in all directions.

The table below outlines the initial and partial results from a 17.26 metre channel that was taken along the identified magnetic conductor on the T1 Zone at a 45? angle:

From To Interval* Nickel Copper Cobalt
(Metres) (Metres) (Metres) (%) (%) (%)
T1 Channel 1 0 8.49 8.49 1.71 0.271 0.0347
including 0 3.62 3.62 2.07 0.31 0.04

* Reported channel cuts sections are not true widths. An apparent surface width of 15 metres can be calculated, but at this time there is insufficient data with respect to the shape of the mineralization to calculate true orientations in space. The starting point of the channel cut was located at N49? 57.463′ W69? 27.045′ and cut at a 45? angle in relation with the mineralized body.

Results from a portable drill hole are also available. The hole was drilled from surface to the shallow depth of 0.52 metres at a 90? angle and the entire core was assayed. The drill hole was located at N49? 57.467′ W69? 27.046′.

From To Interval* Nickel Copper Cobalt
(Metres) (Metres) (Metres) (%) (%) (%)
T1 Hole #1 0 0.52 0.52 1.70 0.29 0.04

Finally, results from a representative 10.2 kg sample cut from a 81.42 kg blast sample block taken 18.6 metres away to the S-E of the T1-Channel-1’s starting location was also sent to the labs. The location of that sample was at N49? 57.454′ W69? 27.045′

Weight Nickel Copper Cobalt
(Kilogram) (%) (%) (%)
Blast Sample 8749 10.2 1.68 0.301 0.0345

Additional channel and portable drill core samples are expected to be received from Agat Laboratories by the end of January and will be released as they are made available. Maps and diagrams should be available in the coming days on the new company web site.

Quality Control

Mr. Joel Scodnick (P.Geo.), Vice-President Exploration of the Company, is the non-independent qualified person for the technical disclosure contained in this news release. Mr. Scodnick has supervised the work programs on the Julie Project, examined the samples summarized in this release, discussed, reviewed the results with the Company’s geological staff and reviewed the available analytical and quality control results.

Channel cuts samples and drill core samples were transported in sealed bags from Baie-Comeau to a warehouse facility in Montreal. There they have been opened, washed, photographed again, logged, resealed and transported to Agat Laboratories in Dorval, Quebec. Agat Laboratories transported the samples to their analytical facilities in Mississauga, Ontario. Base metal analyses were initially obtained via ICP-AES Aqua Regia and 4 Acid digestion. The two digestion methods show good correlation. Nickel values in excess of 10,000 ppm were reanalyzed using a sodium peroxide fusion followed by ICP-AES finish.
ON BEHALF OF THE BOARD OF DIRECTORS

Mark Billings

Mark Billings, Chairman of the Board and Director

[email protected]

Tel: 514-296-1641

About St-Georges

St-Georges is a PGE & Nickel explorer with projects in the Province of Quebec, Canada. Headquartered in Montreal, the Company’s stock is listed on the CSE under the symbol SX, and it’s shares are traded in the United States under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1. Its flagship project is the Julie Nickel & Copper Project on Quebec’s North Shore near the deep-seaport town of Baie-Comeau. For additional information, please visit our website at www.stgeorgesplatinum.com.

Forward-looking Statement:

This document contains certain forward-looking statements which involve known and unknown risks, delays, and uncertainties not under the corporation’s control which may cause actual results, performance or achievements of the corporation to be materially different from the results, performance or expectation implied by these forward-looking statements.

The Canadian Stock Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

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Uragold Buys Back 3.5% NSR Gold Royalty of the Beauce Placer Gold Project

Posted by AGORACOM-JC at 10:08 AM on Wednesday, December 24th, 2014

Montreal, Quebec / December 24 2014 / Uragold Bay Resources Inc. (“Uragold”) (TSX Venture: UBR) is pleased to announce that that it has purchased the remaining 3.5% net smelter royalty (NSR) over the Rang Chaussegros section of the Beauce Placer Gold property located in the municipality of Saint-Simon-les-Mines in the Beauce region of southern Quebec.

Announced in January 2010 as part of a purchase agreement with a private vendor for the original Beauce Placer project, a 3.5% NSR was payable once Uragold was in production on the Rang Chaussegros section of the project. As a result of series of discussions between involved parties, a new agreement was reached whereby Uragold can purchase the remaining 3.5% NSR for a cash payment of $50,000.

Patrick Levasseur, President and COO of Uragold stated, “The Rang Chaussegros now royalty free, this will greatly enhance the financial dynamics of the project increasing its profile to financiers and other stake holders.”

Uragold is working to secure a non-dilutive financing required to complete a 9,000 cubic meters (m3) of auriferous till pilot-scale operation (Phase 1). The pilot-scale operation is needed to allow the corporation to establish a statistical distribution model for the nugget effect on the gold grade of the buried placer channel. This step is required for the establishment of a higher-level resource category needed to complete the Feasibility Study (“FS”) requirement of Quebec’s the new Mining Act.

As previously mentioned, Quebec’s Ministry of Natural Resources will grant Uragold a “conditional” Mining Lease over the Rang Chaussegros to complete Phase 1 once an Internal Preliminary Economic Assessment (PEA) and an approved Closure Plan is submitted. UBR will be authorized to start full-scale production (Phase 2) once a completed Feasibility Study (“FS”) is submitted.

Private Placement

Uragold is pleased to announce that it has closed a non-brokered private placement, which is comprised of 10,835,000 units (“Unit”) at $0.05 per Unit for gross proceeds of $541,750. Insider participation in this placement accounts for 40% of the total amount subscribed. The net proceeds from the Private Placement will be used to pay for the Royalty purchase, general corporate expenditures and to enhance the Company’s balance sheet.

Each Unit is comprised of one (1) common share and one (1) common share purchase warrant (“Warrant”) of the Company. Each Warrant will entitle the holder thereof to purchase one common share of the capital stock of the Company at an exercise price of $ 0.07 during a period of 36 months from the date of closing of the placement. Each share issued pursuant to the placement will have a mandatory four (4) month holding period from the date of closing of the placement. The placement is subject to standard regulatory approvals.

Mr. Levasseur added, “Weak financial markets in the mining and exploration sectors have made external funding efforts challenging, but with this private placement, insiders are demonstrating their belief that 2015 will be an exciting year for Uragold as we continue to develop Quebec Quartz’s exciting high purity quartz projects while developing two gold mines in the Beauce region of Quebec.”

Other Corporate subject:

Further to the November 5, 2014 Uragold press release an outstanding debt of $14,125 was extinguished by the issuance of 282,500 common shares at a deemed price of $0.05 per share.

About Uragold Bay Resources Inc.

Uragold Bay Resources is a TSX-V listed Gold and High Purity Quartz exploration junior focused on generating free cash flow from mining operations. Our business model is centered on developing mining projects suited for smaller-scale start-up, (Capex < C$10M), that will generate high yield returns (IRR > 50%). Uragold will reach these goals by developing Quebec’s first placer mine in 50 years, the Beauce Placer Project developing and, in partnership with Golden Hope Mines, the Bellechasse-Timmins Gold Deposit.

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 and CEO
Patrick Levasseur, President and COO

Tel: (514) 846-3271

www.uragold.com

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Garibaldi Closes $1,250,000 Financing

Posted by AGORACOM-JC at 5:09 PM on Monday, December 22nd, 2014

VANCOUVER, Dec. 22, 2014  – In preparation for a dynamic exploration season in British Columbia in 2015, Garibaldi Resources Corp. (TSX.V: GGI) (the “Company” or “Garibaldi”) is pleased to announce that it has closed a non-brokered private placement of 5,953,310 flow-through units at $0.21 cents per unit (see details below) for gross total proceeds of $1,250,000 CDN. This strategic financing will be used to further advance the Company’s B.C. properties including the Canadian flagship Grizzly Project in the Sheslay district.

“Exceptional results from Garibaldi’s Rodadero discovery in Sonora State and our La Patilla Gold Project in Sinaloa State already ensures that our shareholders have a great deal of exciting news to look forward to, near-term and throughout 2015, from ongoing exploration in Mexico which is accelerating,” stated President and CEO Steve Regoci. “Additionally, Garibaldi management believes strongly in the significant leveraged opportunity offered shareholders by the Company’s portfolio of B.C. properties led by the Grizzly. We have the means to unlock the value in these excellent prospects during 2015 which will build on our success in Mexico.”

Garibaldi B.C. Projects Overview

Grizzly Project

A comprehensive NI-43-101 Technical Report on the Grizzly Cu-Au Porphyry Project is currently being completed by C.J. Greig & Associates Ltd. following successful 2014 programs that have further refined preliminary drill targets along with identifying new ones over a northwest-trending mineralized corridor that stretches for 30 km. The Company has been granted a multi-year permit for drilling at the Grizzly from the B.C. Ministry of Mines.

Garibaldi has expanded the Grizzly to 272 sq. km through staking to extend the western border of the Grizzly West porphyry by 1 km. Significant drilling discoveries 10 km apart at the Star and Hat porphyries contiguous to Grizzly are strong evidence as to the scale of mineralization in this district. A new drill program recently commenced at the Hat Property as reported by Doubleview Capital Corp. Dec. 12, 2014.

King

Exploration targets at the 1700 hectare King Property, approximately 10 km north-northeast of the past producing high-grade Snip Mine in the Eskay Creek region, range from high-grade gold to high-grade silver-lead-zinc. Recent power and infrastructure projects have significantly improved access to the claim area. Four mineralized zones are considered highly prospective for potential new discoveries on this under-explored property.

Red Lion

The Red Lion Property, 60 km south of AuRico Gold’s Kemess mine in north central B.C., is contiguous to the northern border of Kiska Metals’ Kliyul Cu-Au Porphyry Project under option to Teck Resources Ltd. Kliyul has yielded promising results from drilling including 76 m of 1.16 g/t Au and 0.33% Cu, and 218 m of 0.52 g/t Au and 0.23% Cu.

Garibaldi’s initial land position at Red Lion, characterized by extremely strong Cu-Au stream sediment geochemistry in both RGS and follow-up proprietary surveys, was increased recently to a total of 45 sq. km with additional staking covering a broad, high-tenor Cu-Au soil geochemical anomaly.

Access and infrastructure at Red Lion are excellent with the power line to the Kemess South mine only 3 km away.

MSM

The MSM prospect, comprising 58 sq. km, is located approximately 50 km northeast of Imperial Metals’ Red Chris mine and is underlain by similar Triassic and Jurassic volcanic and plutonic rocks. At least eight Cu-Ag-Au showings have been documented on the property. During this year, Garibaldi compiled all previous exploration data, interpreted satellite imagery lineaments, conducted an airborne magnetic survey and collected stream sediment geochemical samples in preparation for more detailed ground work that will help identify potential drill targets.

Tora Tora

Garibaldi’s Tora Tora Property near Princeton, 25 km north of the producing Copper Mountain mine, is largely overburden covered but features a prominent circular shaped magnetic anomaly which management believes may be the expression of a buried intrusive body. The company is following up on last year’s aeromagnetic survey of this distinct target located 2 km west of Sego Resources’ 2012 discovery hole (DDH-12-21, 100.4 m of 0.95% Cu, 0.55g/t Au and 3.5 g/t Ag).

Black Gold

Garibaldi’s Black Gold claims near Grand Forks, British Columbia, are potentially suitable for extraction of dimension stone quality “black granite”. The Company continues to examine ways to unlock the value of this legacy asset.

Private Placement Details

The flow-through private placement consists of units of the Company’s securities at a price of $0.21 per unit. Each unit contains one flow-through share in the capital of the Company and one-half of a non-transferable share purchase warrant with each full warrant entitling the holder to acquire one additional common share of the Company at a price of $0.30 for a period of 18 months. Secutor Capital Management Corporation acted as exclusive finder in connection with this non-brokered private placement and was paid a cash commission of $87,500 CDN. The units from this private placement are subject to a hold period and may not be traded until April 23, 2015. The proceeds from the private placement will be used for exploration of the Company’s B.C. properties.

Qualified Person

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

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 2014

 

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ViPova(TM) by Lexaria Announces New President

Posted by AGORACOM-JC at 8:00 AM on Monday, December 22nd, 2014

KELOWNA, BC / December 22 , 2015 / Lexaria, Corp. (LXRP) (CSE:LXX) (the “Company”), as part of its broader business transition into the alternative health industry, is pleased to announce it has hired Tom Ihrke as President of its U.S. subsidiary to oversee the rollout and sale of its ViPova(TM) brand, CBD infused teas. Lexaria has also named Tom as Executive Vice President of U.S. Operations of Lexaria Corp.

Tom has been working with Lexaria as a part time consultant over the last eight years. Tom’s extensive experience investing in and advising small companies will prove extremely valuable to Lexaria as it enters the exciting and fast growing alternative health industry. In addition to advising Lexaria with its business strategy and capital market activities Tom will oversee all aspects of the ViPova Brand, including the day to day business, operations, sales and marketing. The company’s goal is to develop internationally recognized lines of healthy food and beverage products, initially focusing on tea and coffee.

“I’m very pleased to welcome Tom to our executive management team. He is a highly skilled and effective manager who is clearly able to take ViPova(TM) to another level, and help us as we expand our brands and offerings in the CBD sector,” said Chris Bunka, CEO of Lexaria Corp.

ViPova(TM) uses only legal CBD oil extracts, grown from legal hemp in locations where it is legal to do so, in ViPova(TM)-branded tea. ViPova(TM) uses its patent-pending process to infuse concentrated amounts of CBD within lipids in its tea, providing more bioactivity and comfort to the body during the absorption process. Only ViPova(TM) has this ground-breaking technology for CBD/lipid infusion.

As well, Lexaria announces it has granted a total of 1,425,000 stock options to a number of executives, directors and consulting employees, all priced at US$0.11. The Company makes note that 850,000 existing options are due to expire on January 20, 2015 unless exercised before then.

All issued shares will be subject to a hold period, for any resale into the USA under Rule 144, of six months and one day. The share issuance is subject to normal regulatory approvals. The securities referred to herein will not be or have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

About Lexaria:
Lexaria’s shares are quoted in the USA with symbol LXRP and in Canada with symbol LXX. The company searches for projects that could provide potential above-market returns.

To learn more about Lexaria Corp. visit www.lexariaenergy.com.

Contact:
Lexaria Corp.
Chris Bunka
Chairman & CEO
(250) 765-6424

Forward-Looking Statement:
This release includes forward-looking statements. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. Access to capital, or lack thereof, is a major risk and there is no assurance that the Company will be able to raise required working capital. Current oil and gas production rates may not be sustainable and targeted production rates may not occur. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company’s public announcements and filings. There is no assurance that the medical marijuana, CBD sector, or alternative health businesses will provide any benefit to Lexaria, or that the Company will experience any growth through participation in these sectors. There is no assurance that existing capital is sufficient for the Company’s needs or that it will need to attempt to raise additional capital. There is no assurance that any cannabinoid-based product will promote, assist, or maintain any beneficial human health conditions whatsoever. No statement herein has been evaluated by the Food and Drug Administration (FDA). ViPova(TM) products are not intended to diagnose, treat, cure or prevent any disease.

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

Source: Lexaria Corp.

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Supreme Appoints John Fowler President & Director

Posted by AGORACOM-JC at 1:47 PM on Friday, December 19th, 2014

VANCOUVER, BRITISH COLUMBIA–(Dec. 19, 2014) – Supreme Pharmaceuticals Inc. (“Supreme” or the “Company”) (OTC PINK:SPRWF)(CSE:SL) is pleased to report that at its annual meeting today John Fowler was elected to the board of directors and appointed as the President of the Company. The Company has also added Dr. Youbin Zheng to its advisory board.

Mr. John Fowler, previously Director of Operations, was elected to the board of directors, and will be assuming the position of President of Supreme. Mr. Fowler began working in the medical marijuana sector over ten years ago. He pursued a career in law to assist medical marijuana patients with legal issues ancilliary to medical marijuana use. Most recently, Mr. Fowler practiced law at a prominent Toronto law firm. Mr. Fowler is committed to providing Canadians access to high-quality, low-cost medical marijuana and working with the medical community to improve physician education and support for medical marijuana.

Dr. Youbin Zheng, PhD, MPhil, MAg, Bag, has been appointed as the newest member of the Company’s advisory board. Mr. Zheng is currently an Associate Professor and Environmental Horticulture Chair, at the University of Guelph. He has many years of experience in horticulture research, especially in vegetable and ornamental plant production in controlled environments (e.g. greenhouses) in Canada, England, Japan and China. Recent research projects include greenroofs, urban agriculture, organic vegetable production in greenhouses, CO2 enrichment and its effects on photosynthesis, respiration, transpiration, nutrient uptake and crop production, irrigation and water treatment for sustainable horticulture, and the development of sustainable plant production systems. Mr. Zheng is a highly distinguished expert in the field of horticulture and will be a key advisor to the Company and its grow operations moving forward.

The Company has agreed to settle certain payment obligations pursuant to a consulting agreement by the issuance of 390,000 common shares of the Company on January 2, 2015.

FORWARD LOOKING INFORMATION

This news release contains forward-looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. This news release includes forward-looking statements with respect to the up grading of the facility, the timing on completion of the MMPR License conditions and the start of production. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this news release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com and such factors as the Company failing to finish the upgrading of the facility and put the same into production in accordance within the terms of the MMPR license. This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995.

Supreme Pharmaceuticals Inc.
Investor Relations
430 – 580 Hornby Street, Vancouver BC, V6C 3B6
604.674.2191
[email protected]
www.supreme.ca

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Robix Announces Construction of 10ft COV

Posted by AGORACOM-JC at 4:07 PM on Thursday, December 18th, 2014

LETHBRIDGE, ALBERTA–(Dec. 18, 2014) – Robix Alternative Fuels, Inc. (“Robix” or the “Corporation”) (CSE:RZX)(FRANKFURT:R0X) announced today that it has commissioned Rayco Steel to build a 10ft patented Clean Ocean Vessel (COV). Based on market analysis Robix has decided to commence construction of a 10ft COV. The 10ft COV is ideally suited to 21st century technology that can allow it to be controlled remotely or unmanned.

“Our market analysis and customer consultation with major companies in the oil and gas business has demonstrated a clear demand for the 10ft COV especially in tailing ponds applications,” commented Nathan Hansen, President and CEO of Robix. “The 10ft COV is simply a scaled down version of the 40ft unit that is currently being built by Rayco. We expect to have the 40ft COV ready for deployment and prove sea worthiness in January. Our goal is to get ahead of the anticipated demand for the 10ft COV model by starting construction now. I am confident in our market analysis and the demand for our unique product.”

About Robix:

The Corporation is an “industrial products/technology” company, offering to investors a unique opportunity to participate in a leading company in the business of ownership of patents, and their development from commercialization to worldwide expansion through various business arrangements. Robix owns a Clean Ocean Vessel (“COV”) patent, which is an oil spill recovery vessel design with the capability to recover oil in rough and debris laden sea conditions. Robix has recognized a worldwide market opportunity for effective containment, recovery and disposal equipment, particularly in the oil spill protection industry, and it proposes to develop a business model as a service provider, and/or equipment provider under licensing agreements with other industry participants, wherein Robix will use its COV patented design solution.

No stock exchange or any securities regulatory body has reviewed the contents of this news release.

This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company’s disclosure documents on the SEDAR website at www.sedar.com. The Corporation does not undertake to update any forward-looking information except in accordance with applicable securities laws.

Robix Alternative Fuels Inc.
Nathan Hansen
President & CEO
250-683-8957
[email protected]

Robix Alternative Fuels Inc.
Robin Ray
Chief Financial Officer
403-327-3094
[email protected]
www.robixfuels.com

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CLIENT FEATURE: Robix (RZX: CSE) Revolutionary Patented Oil Spill Clean Up Technology

Posted by AGORACOM-JC at 2:43 PM on Thursday, December 18th, 2014

RZX: CSE

The Corporation is an “industrial products/technology” company, offering to investors a unique opportunity to participate in a leading company in the business of ownership of patents, and their development from commercialization to worldwide expansion through various business arrangements.

Highly Cost Effective – Clean Ocean Vessel

  • COV’s rapid recovery rate and large on-board storage result in low per barrel recovery cost.
  • COV’s simple design minimizes down time for repair and maintenance.
  • A two-man crew can be easily trained and the COV vessel can operate long hours without interruption
  • Selling COV products in the first half of 2015

Design Versatility

  • COV’S can be scaled to meet various application requirements (sizes range from 10 Ft., 20 Ft., 40 Ft., 80 Ft., 100 Ft. (references to length of vessel
  • A standard 40-foot COV is 40 feet in length, 26 feet in width, and 12 feet in depth
  • Recently completed the engineering drawings for the Clean Ocean Vessel (COV) and ordered critical components to initiate construction on the COV

Featured COV Technology

Recent Highlights

  • Signed an exclusive manufacturing agreement with Rayco Steel Ltd, to manufacture the Clean Ocean Vessel
  • Creating a new business division, through a subsidiary entity, to enter into the marine industry.
  • Announced that Rick Carson, of Montreal, PQ, has agreed to join Robix as a Strategic Advisor.
  • Announced that it intends to enter into an agreement with Rayco Steel Inc., wherein Rayco shall work on completion of engineering construction drawings for the anticipated construction of the first Clean Ocean Vessel.

How the COV compares to the competition:

  • Rates of oil recovered and recovery-throughput efficiencies are noted as “oil rate of recovery” (ORR) and “recovery efficiency” (RE).
  • The water surface lifting force generated by the COV’s patented contra-rotating drums acts in a suction or pumping manner that increases the ORR compared to conventional skimmer systems and the RE of the COV is in the 90-97% range. This is competitive with best in class 21st century technology in terms of ORR and RE.
  • Further improvements to the ORR (in terms of gallons per minute) could easily catapult the COV to “top three” status, by increasing the surface area of the drums through design modifications without impairing the stability of the vessel which is inherent to the COV design.
  • When our competitors’ skimmer systems meet waves above 18 inches, they are forced to suspend service. The COV operates in rough sea conditions (as high as 8 feet waves), significantly out-performing its competitors, and stands in a class of its own.

 

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INTERVIEW: Uragold Discusses Assay Results, Validated as Suitable for Silicon Metal and High Purity Quartz Applications

Posted by AGORACOM-JC at 11:32 AM on Wednesday, December 17th, 2014

UBR: TSX-V

Corrected SiO2 average for the 20 samples assayed is 99.65%, ranging from 99.37% to 99.86%. These results validate the fact that the Quartz material from the Roncevaux Property would make suitable feedstock for Silicon Metal production and applications requiring high purity quartz.

Uragold Bay Resources is a Gold and High Purity Quartz exploration junior focused on generating free cash flow from mining operations. The company’s business model is centered on developing mining projects suited for smaller-scale start-up, (Capex < C$10M), that will generate high yield returns (IRR > 50%).

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