Agoracom Blog Home

Posts Tagged ‘$TSXV’

Enertopia Announces Former Chief of Police as Security Consultant

Posted by AGORACOM-JC at 8:00 AM on Monday, May 5th, 2014

Vancouver, BC—Enertopia Corporation (ENRT) on the OTCBB and (TOP) on the CSE (the “Company” or “Enertopia”) is pleased to announce additional member to the Company and for the new Ontario marihuana production facility.

The former Chief of Police of the Hamilton Police Service has become Security Advisor to the Enertopia/Lexaria joint venture. Mr. Brian Mullan will provide advice to the Board of Directors and to management on the safe production, storage, and shipment of controlled substances; as well as provide and manage security protocols and procedures consistent with the needs of a medical marijuana facility and its staff.

Brian was a career police officer who retired as the Chief of Hamilton Police Service in December 2009 after having been a member for over 35 years.  He is the President of Bmullan and Associates.  Brian has received the Police Exemplary Service Medal and he has been appointed as a Member of the Order of Merit for Police.  Brian has a Bachelors Degree in Business Administration.  He is a graduate of the F.B.I. Academy in Quantico Virginia and the F.B.I’s prestigious National Executive Institute.  Brian has also attended the University of Toronto’s Rotman School of Business, Mohawk College and Bay Area Leadership Program, and he has been active in his community.

“I welcome Mr. Mullan to our joint venture team that we continue to assemble with the expertise and ability to operate our planned top tier production facility, that is focused on building one of the largest and most secure regulated marijuana production facilities in Canada” said Robert McAllister, President CEO of Enertopia

Mr. Mullan is eligible to receive up to 225,000 restricted common shares of stock, over time in his respective role as Security Consultant, depending on certain specified performance thresholds being reached.

 

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 Enertopia

Enertopia’s shares are quoted in Canada with symbol TOP in the United States with symbol ENRT. For additional information on this press release, please visit www.enertopia.com or call Clark Kent at 1.647.519.2646 or President Robert McAllister at 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, evaluation of clean energy projects, Oil & Gas Projects, Medical Marihuana Projects  for participation and/or financing, 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 be successful in completing any anticipated financing and or its joint Venture partners will receive their Health Canada license under the new regulations or any will future sales will result or any consultant will have a material impact on the Company.

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

 Start your small cap medical marijuana research in the AGORACOM Small Cap Medical Marijuana Stocks Gateway
http://agoracom.com/portal/Small%20Cap%20Medical%20Marijuana%20Stocks

Canada’s First Medical Marijuana, Industrial Hemp and Alternative Medicine Investment Conference – May 7th in Vancouver

Posted by AGORACOM-JC at 11:43 AM on Friday, May 2nd, 2014

GreenRush Financial Conferences is a wholly owned subsidiary of Next Gen (PubCo, CSE: N, OTC Pink: NXTTF, FSE: M5BN). GreenRush’s vision is to be the premier purveyor of investment conferences for the Medical Marijuana, Industrial Hemp and Alternative Medicine industries.

The conference will feature insightful speakers, government, health and industry specialists, public and private companies, fund managers, bankers, brokers, analysts, and media who share a common interest in the Medical Marijuana, Industrial Hemp and Alternative Medicine sectors. GreenRush Conferences will be tailored to institutional, high net worth and retail investors with a focus on education and investment in the Medical Marijuana, Industrial Hemp and Alternative Medicine sectors.

Interview  Article   Article  Interview  Video Video

Speaker and Exhibitor Lineup – May 7th Vancouver Conference

VancouverGreenRush Financial Conference
May 7, 2014 7:00 a.m. – 5:00 p.m.
Vancouver Convention Centre East, Ballrooms A/B/C

 CLICK HERE TO REGISTER

Start your small cap medical marijuana research in the AGORACOM Small Cap Medical Marijuana Stocks Gateway
http://agoracom.com/portal/Small%20Cap%20Medical%20Marijuana%20Stocks

Garibaldi Signs Option to Buy Two B.C. Cu-Au Properties

Posted by AGORACOM-JC at 4:43 PM on Thursday, May 1st, 2014

GARIBALDI EXPANDS NORTHWEST B.C. PRESENCE

Recognizing the extraordinary mineral wealth potential and dynamic pace of development in northwest British Columbia, Garibaldi Resources Corp. has acquired two highly prospective copper-gold porphyry properties within the Stikine arch to complement its flagship Grizzly project in the prolific Sheslay Valley district.

“The rapid progress at Sheslay, combined with mining and infrastructure developments regionally, accelerated our plans to target and capture more exceptional ground within the Stikine Arch at the bottom of the market cycle,” stated Steve Regoci, President and CEO of Garibaldi. “This gives our shareholders a very strategic leveraged opportunity for the future while we focus immediately and vigorously on unlocking the value of the Grizzly.”

Garibaldi’s early bird strategy of selectively acquiring exciting key prospects exhibiting particular mineralogical features has consistently paid dividends for our shareholders,” Regoci continued. “This is evidenced by the acquisition and sale of the Temoris project in Mexico, plus the acquisition, expansion and accelerating exploration of our dominant land position, the largest of any junior, within the copper-gold porphyry rich Sheslay Valley corridor. The addition of Red Lion and Mount Saint Mary to the Garibaldi property portfolio emphasizes our confidence in a vibrant and exciting future for mining in this part of the province.”

Red Lion

The Red Lion prospect, comprising 35 sq. km, is located 60 km south of AuRico Gold’s Kemess mine and adjoins the Kiska Metals’ Kliyul Cu-Au porphyry project under option to Teck Resources Ltd. The Red Lion shows extremely strong Cu-Au stream sediment geochemistry in both Government Regional Geochemical Survey responses and follow-up proprietary surveys. Access and infrastructure at Red Lion are excellent with the powerline to the Kemess South mine only three km away.

Mount Sister Mary (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. Government Regional Geochemical Survey responses confirm prior assessment work in which at least eight Cu-Ag-Au showings have been documented on the property.

Option Terms

Both the Red Lion and the MSM properties were acquired from one vendor by way of a 4-year option agreement to purchase a 100% interest on the following terms: $18,500 CDN and 75,000 shares within 10 days of TSX Venture approval. Garibaldi will issue 150,000 common shares in each of the first three years of the option and 500,000 shares in the fourth year. The vendor retains a 2% NSR, half of which Garibaldi may purchase at any time for $2,000,000 CDN.

Shares Issued For Hat East and Hat East 2 Claims – Sheslay Valley

Garibaldi has issued the vendor 100,000 common shares of the Company pursuant to a property purchase agreement dated January 27, 2014, between the Company and an arms-length party for the Hat East and Hat East 2 claims comprising 1,653 hectares (see Garibaldi news release January 31, 2014). The shares are subject to applicable hold periods and may not be traded until July 10, 2014.

Corporate Fact Sheet

To view the updated Fact Sheet for Garibaldi Resources, please visit the following URL: http://www.garibaldiresources.com/i/pdf/GGI-FactSheet-April2014.pdf

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.

AGORACOM Small Cap Stock TV – May 1, 2014

Posted by AGORACOM-JC at 1:55 PM on Thursday, May 1st, 2014

AGORACOM – The Small Cap Epicenter reports on the day’s best small cap and micro cap press releases.

Good afternoon to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s May 1st and we’ve found 6 great press releases to report on. It’s another great day for small-cap and micro-cap financial news.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out Mon – Thurs that strictly reports on the best small cap and micro cap news of the day. You can watch AGORACOM TV right from our home page.

If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:

If you want to subscribe to our Small-Cap RSS Feed or download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:

TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS

Today’s show features:

Xylitol Canada (XYL.V),

Virtutone Networks (VFX.V),

VMS Ventures (VMS.V),

Midway Gold (MDW.T),

Corvus Gold Inc. (KOR.T),

Paramount Gold and Silver Corp. (PZG.T)

Xylitol Canada Announces Record Breaking Revenues of $6.5M for Year Ended December 2013

Posted by AGORACOM-JC at 9:24 AM on Thursday, May 1st, 2014

Xylitol Canada Inc.: Financial Results for the Year Ended December 31, 2013

Company announces that it has released its financial statements and management’s discussion and analysis for the fiscal year ending December 31, 2013. Highlights of the results include:

  • For the twelve months ended December 31, 2013, sales increased by 87% to $6,508,998, compared to $3,473,053 for the twelve months ended December 31, 2012.
  • For the three months ended December 31, 2013, sales increased by 194% to $2,555,526, compared to $868,134 for the three months ended December 31, 2012;
  • For the twelve months ended December 31, 2013, gross profit increased by 43% to $1,548,337, compared to $1,081,418 for the twelve months ended December 31, 2012;
  • Company reports its first quarter in Company history with over $2,000,000 in revenue
  • Company exceeded $1,000,000 in a single month for the first time in Company history
  • Inventory as of December 31st totaled $2,563,411 including $514,000 of goods in transit
  • Gross profit margins for the year were 24%

“We are very pleased to announce over $6,500,000 in revenue up from $3,500,000 last year. Our team has continued to work very hard on customer acquisition and expansion. It can take months, even years, to gain entry to large retail accounts, but thankfully these time commitments have paid off for our team and we are now shipping to some of the largest retailers in North American on a weekly basis. The market conditions continue to be very favorable as people increasingly seek to avoid sugar, high fructose corn syrup, and artificial sweeteners. While we are proud of our accomplishments, our strong team has continued to execute and we expect 2014 to be another year of growth in the Company’s sales,” commented Andrew Reid, CEO of Xylitol Canada.

The Company’s annual consolidated financial statements and related management’s discussion and analysis for the year ended December 31, 2013 can be found under the Company’s profile on SEDAR at www.sedar.com.

About Xylitol Canada Inc.

Xylitol Canada markets xylitol and xylitol based-products and is focused on becoming a major low-cost manufacturer of xylitol and related products, serving the global market from operations in North America. Xylitol Canada’s business strategy is to leverage novel proprietary technology and processes to become North America’s premier manufacturer of low cost, high quality xylitol from readily available environmentally-sustainable biomass. Xylitol is a natural sweetener which is marketed globally including Canada and the United States and is accepted by the American Food and Drug Administration, the World Health Organization and the American Dental Association. Xylitol contains 75% less carbohydrates and 40% less calories than sugar, has a myriad of oral health benefits including the prevention of tooth decay and is safe for diabetics. To date, wider spread use of xylitol has been limited by the lack of a reliable, low cost, high quality supplier.

Neither TSX Venture Exchange Inc. 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.

Contact Information

Xylitol Canada Inc.
1-866-995-9952
[email protected]

Virtutone Announces $11.5 Million in Revenues for the Month of April

Posted by AGORACOM-JC at 9:21 AM on Thursday, May 1st, 2014

Sherwood Park, Alberta / May1st, 2014 / Virtutone Networks Inc. (“Virtutone” or the “Company”) (TSX Venture: VFX.V) is pleased to announce that the Company has generated over $11.5 million in revenue for the month of April.

“Our team has delivered once again another record month with solid margins, we are back to our aggressive growth” said Jason Allen, Chief Executive Officer of Virtutone. “We have seen several record breaking revenue days in the month of April, which resulted in our largest month ever.”

For further information please contact Jason Allen at 780-702-5777.

About Virtutone Networks Inc.

Virtutone Networks Inc. is a technology company based in Sherwood Park and is listed on the TSX Venture Exchange in Canada. The company is a leading supplier of managed telecommunication services, including: Voice over IP services, Fax over IP services, Hosted PBX services, DSL & T1 data circuits, wireless solutions for mobile work forces and SCADA networks, and network management and IT-related products. Additional information can be found on the company’s website at www.virtutone.com.

This document may contain certain forward-looking information or statements (“Forward-looking statements”) as defined under applicable securities legislation that involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks include, without limitation, risks related to: the termination, non-renewal of or default under of any current or new wholesale contracts; changes in the global economy; a failure to negotiate new customer contracts; changes in legislation or the interpretation thereof, particularly in the telecommunications industry. Forward-looking statements are any statements other than statements of historical fact. The use of any “plan” “expect ” “project” “believe” “should” “anticipate” or other similar words or statements that certain events “may” or “will” occur are intended to identify forward-looking statements. In particular, forward-looking statements included in the press release include, without limitation, statements regarding: the impact of the new voice traffic contracts; timing and completion of the transition of new voice traffic; the sustainability of the new revenue stream; increased leverage with suppliers; additional deals currently being worked on and the impact thereof; and negotiations relating to potential new customers. The forward-looking-statements contained herein are based on certain assumptions including, without limitation, assumptions regarding: global economic conditions; changes in laws and regulations; the impact of Virtutone’s new contracts; the market for wholesale telephony services; the maintenance of new and current wholesale contracts; and the ability to add new wholesale clients. Although management believes the expectations reflected in the forward-looking statements contained herein are reasonable, no assurances can be given that any of the events anticipated in forward-looking statements will occur, or, if they do, what benefits Virtutone will derive therefrom. As such readers are cautioned not to place undue reliance on forward-looking statements, which are effective only as of the date of this document or as of the date otherwise specifically indicated herein. Virtutone assumes no obligation to update forward-looking statements, except as required by applicable law. The historical revenue numbers for the new wholesale contracts do not represent estimates of future revenues to be received by the Company. As these contracts do not contain any minimum traffic requirements, revenue generated on such contracts will vary from month to month, and such variations may be material. The Company cannot provide any assurances as to the revenues to be generated by such contracts once the transition is complete.

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

AGORACOM Small Cap Stock TV – April 30, 2014

Posted by AGORACOM-JC at 3:39 PM on Wednesday, April 30th, 2014

AGORACOM – The Small Cap Epicenter reports on the day’s best small cap and micro cap press releases.

 

Good afternoon to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s April 30th and we’ve found 9 great press releases to report on. It’s another great day for small-cap and micro-cap financial news.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out Mon – Thurs that strictly reports on the best small cap and micro cap news of the day. You can watch AGORACOM TV right from our home page.

If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:

If you want to subscribe to our Small-Cap RSS Feed or download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:

TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS

Today’s show features:

Fortuna Silver Mines (FVI.T),

US Silver & Gold (USA.T),

Levon Resources (LVN.T),

Denison Mines (DML.T),

Balmoral Resources (BAR.T),

Columbus Gold (CGT.V),

Probe Mines (PRB.V),

Klondex Mines (KDX.T),

Kennady Diamonds (KDI.V)

Enertopia Announces Assistant Operations Manager

Posted by AGORACOM-JC at 2:04 PM on Wednesday, April 30th, 2014

Vancouver, BC / April 30, 2014 / Enertopia Corporation (ENRT) on the OTCBB and (TOP) on the CSE (the “Company” or “Enertopia”) is pleased to announce additional members to the Company and for the new Ontario marihuana production facility.

Enertopia announces Mr. Chris Hornung as Assistant Operations Manager. Chris has been vice-president of Kenex Manufacturing Co. in Brampton, Ont., since 1999. During this time he has co-founded and grown several successful new divisions. As well, Mr Hornung is a partner in and is responsible for several different real estate holding companies in Vaughan and Brampton, Ont.

“I look forward to working with Mr. Hornung and our complete joint venture team that we continue to assemble for our planned world-class production facility, our team is focused on building one of the largest and most secure regulated marijuana production facilities in the world” said Robert McAllister, President CEO of Enertopia

Enertopia will be showcasing the company’s MMJ projects at the Las Vegas Money Show May 12th-15th at booth #316 and Enertopia’s President Robert McAllister will be presenting on Wednesday May 14th at 1:30PM to 2:00PM on the Canadian Federal Regulations and individual State Regulations in the MMJ sectors. On Wednesday May 14th at 3:00PM to 3:30PM President Robert McAllister will be presenting specifically on Enertopia’s MMJ projects across Canada.

The company has also received warrant exercises for 200,000 shares for $40,000 dollars net proceeds to the company.

Mr Hornung is eligible to receive up to 472,500 restricted common shares of stock, and of stock over time in his respective role as Assistant Operations Manager, depending on certain specified performance thresholds being reached.

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 Enertopia

Enertopia’s shares are quoted in Canada with symbol TOP in the United States with symbol ENRT. For additional information, please visit www.enertopia.com or call Clark Kent at 1.647.519.2646 or Dale Paruk, President, Coal Harbor Communications Ltd. at 1.604.662.4505

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, evaluation of clean energy projects, Oil & Gas Projects, Medical Marihuana Projects for participation and/or financing, 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 be successful in completing any anticipated financing and or its joint Venture partners will receive their Health Canada license under the new regulations or any will future sales will result or any consultant will have a material impact on the Company.

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

Start your small cap medical marijuana research in the AGORACOM Small Cap Medical Marijuana Stocks Gateway
http://agoracom.com/portal/Small%20Cap%20Medical%20Marijuana%20Stocks

Lexaria Appoints Assistant Plant Manager – Announces Conference Participation

Posted by AGORACOM-JC at 1:49 PM on Wednesday, April 30th, 2014

Kelowna, BC /Lexaria Corp. (LXRP-OTCQB) (LXX-CSE) (the “Company” or “Lexaria“) is pleased to announce the appointment of the new Assistant Operations Manager for its new Ontario marijuana production facility, and to further announce two conferences where the public will have an opportunity to meet Lexaria management.

Joining the Lexaria/Enertopia joint venture team is Mr. Chris Hornung as Assistant Operations Manager. Chris has been vice-president of Kenex Manufacturing Co. in Brampton, Ont., since 1999. During this time he has co-founded and grown several successful new divisions. As well, Mr Hornung is a partner in and is responsible for several different real estate holding companies in Vaughan and Brampton, Ont.

Lexaria also announces that it is a corporate participant at the May 7 Green Rush Conference in Vancouver, BC, where CEO Chris Bunka will be speaking. Lexaria will present its new industry/investor presentation which will also be available soon at our website.

As well, Lexaria is a participant at booth #209 at the upcoming May 12-15 MoneyShow in Las Vegas, NV, where speakers include Steve Forbes, Raplh Acampora, James Stack and more. Shareholders and all interested parties are encouraged to meet with Lexaria management at either of these public events to learn more about the medical marijuana industry and how Lexaria is participating within it.

Mr Hornung is eligible to receive up to 577,500 restricted common shares of stock over time in his role as Lexaria consultant, depending on certain specified performance thresholds being reached.

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.

FOR FURTHER INFORMATION PLEASE CONTACT:

Lexaria Corp.

Chris Bunka, CEO: (250) 765-6424

Clark Kent, Media Manager: (647) 519-2646

FORWARD-LOOKING STATEMENTS

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. It is impossible to identify all such factors but they include and are not limited to the existence of underground deposits of commercial quantities of oil and gas; cessation or delays in exploration because of mechanical, weather, operating, financial or other problems; capital expenditures that are higher than anticipated; or exploration opportunities being fewer than currently anticipated. There can be no assurance that road or site conditions will be favorable for field work; no assurance that well treatments or workovers will have any effect on oil or gas production; no assurance that oil field interconnections will have any measurable impact on oil or gas production or on field operations, and no assurance that any expected new well(s) will be drilled or have any impact on the Company. There can be no assurance that expected oil and gas production will actually materialize; and thus no assurance that expected revenue will actually occur. There is no assurance the Company will have sufficient funds to drill additional wells, or to complete acquisitions or other business transactions. Such forward looking statements also include estimated cash flows, revenue and current and/or future rates of production of oil and natural gas, which can and will fluctuate for a variety of reasons; oil and gas reserve quantities produced by third parties; and intentions to participate in future exploration drilling. Adverse weather conditions including but not limited to surface flooding can delay operations, impact production, and cause reductions in revenue. The Company may not have sufficient expertise to thoroughly exploit its oil and gas properties. The Company may not have sufficient funding to thoroughly explore, drill or develop its properties. 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 business or any member of the management team or consultant will provide any benefit to Lexaria.

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

Start your small cap medical marijuana research in the AGORACOM Small Cap Medical Marijuana Stocks Gateway
http://agoracom.com/portal/Small%20Cap%20Medical%20Marijuana%20Stocks

KWG Resources Inc.: Divisional Court Permits 30-Minute Intervention by AGO/MNDM in Cliffs’ Appeal of Mining Commissioner Decision

Posted by AGORACOM-JC at 4:11 PM on Tuesday, April 29th, 2014

TORONTO, ONTARIO–(April 29, 2014) – KWG Resources Inc. (TSX VENTURE:KWG) (“KWG”) advises that an Order has been made by the Divisional Court of the Superior Court of Justice of Ontario following argument yesterday of the application of the Attorney General of Ontario, for leave to intervene on behalf of the Minister of Northern Development and Mines in an appeal to be heard by the Court in mid-June.

The scheduled hearing results from a Cliffs Natural Resources Inc. subsidiary (“Cliffs”) having appealed a decision of the Mining and Lands Commissioner of Ontario rendered on September 10, 2013. In that decision, the tribunal dismissed Cliffs’ application for an order to dispense with the consent of KWG so that an easement might be granted to Cliffs to build a road over the mining claims staked and assessed by KWG subsidiary Canada Chrome Corporation.

Divisional Court Justice Thomas Lederer ordered that the Attorney General, on behalf of the Minister of Northern Development and Mines, should be granted leave to address the Divisional Court panel to be convened to hear the Cliffs appeal provided the representations are concluded within a half-hour.

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 for the engineering and construction of a railroad to the Ring of Fire from Exton, Ontario.

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

KWG Resources Inc.
Bruce Hodgman
Vice-President
416-642-3575 Ext103
[email protected]