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Harry Barr Discusses Upcoming Medical Marijuana Conference – May 7, 2014 in Vancouver

Posted by AGORACOM-JC at 3:22 PM on Tuesday, April 29th, 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.

Speaker and Exhibitor Lineup – May 7th Vancouver Conference

Vancouver Convention Centre East
Ballrooms A/B/C in the Pan Pacific Hotel
May 7, 2014 7:30 a.m. – 6:00 p.m.

 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

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Creator of Charlotte’s Web marijuana strain says Canada legislation is archaic

Posted by AGORACOM-JC at 2:18 PM on Tuesday, April 29th, 2014
CTVNews.ca Staff
Published Tuesday, April 29, 2014 11:14AM EDT

The developer of a special strain of marijuana marketed to children hopes to convince Health Canadato allow the product in the country, as some Canadian families head south of the border to receive the drug that’s been shown to significantly reduce seizures.

Colorado cannabis producer Josh Stanley and his brothers developed Charlotte’s Web — a special strain of marijuana oil with very little THC and very high cannabidiol (CBD), the component believed to reduce seizures.

The marijuana extract is designed not to produce a high, but instead fight seizures through its high level of anti-inflammatory properties.

Josh Stanley, the developer of a special strain of marijuana marketed to children, hopes to convince Health Canada to allow the product in the country.

The strain is named in honour of Charlotte Figi, a U.S. girl who was losing a lifelong battle to epilepsy until she began using the marijuana oil.

“When we had met Charlotte, unfortunately, her family had signed a do-not-resuscitate order,” Stanley told CTV’s Canada AM on Tuesday.

Charlotte was diagnosed with Dravet Syndrome, a rare and catastrophic form epilepsy that begins in infancy. Prior to testing the oil she was suffering from about 350 seizures a week.

Doctors had told the Figi family there were few options left for the youngster after the majority of anti-epileptic drugs had failed to work. Neurologists removed Charlotte from the drugs she had been prescribed. She began using the cannabis oil as an end of life comfort measure.

“Immediately after starting this all-natural, organic treatment, she went from 350 seizures to zero,” Stanley said. “And two-and-a-half years later she remains 97- per cent seizure-free.”

The marijuana extract is produced in Colorado, but state law does not allow the shipment or sale of marijuana products out-of-state.

Stanley said this has led to the creation of “medical refugees.” He said a number of families have moved to Colorado from throughout the U.S., and some from Canada, to receive the treatment.

“Kids come there and get the treatment, but then they become prisoners in Colorado,” he said. “They’re not able to leave the state.”

Since that winter of 2012 more than 180 pediatric epilepsy patients have started treatment. Stanley said “thousands” of others are on the waiting list, including some children from Canada.

Health Canada does not permit the sale of cannabis resins, oils, extractions and edible marijuana products. Only dry medical marijuana can be sold to clients.

Stanley described the medical marijuana legislation in Canada as “archaic.”

“Heath Canada seems to want to push kids to smoking, or people to smoking, because extracts are not allowed,” he said.

Stanley said the best way to change health officials’ minds about the marijuana oil is to “show them they have a problem.”

“What we’re talking about here is life or death for many of these children,” he said.

Start your small cap medical marijuana research in the AGORACOM Small Cap Medical Marijuana Stocks Gateway
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KWG Applauds Development Corporation Plan

Posted by AGORACOM-JC at 5:19 PM on Monday, April 28th, 2014

TORONTO, ONTARIO–(April 28, 2014) – KWG Resources Inc. (TSX VENTURE:KWG) (“KWG”) today announced: We are encouraged that Minister Gravelle has indicated: “The approach and priorities with respect to this investment will be established in partnership with First Nations, governments and industry partners through the development corporation.”

KWG is very supportive of the proposed Development Corporation. At the Minister’s request, we have met often with the Deloitte consultants engaged by the Minister, to discuss the many considerations attending the creation and financing of a Development Corporation. Some great Canadian infrastructure projects, such as Pearson International Airport, exemplify what can be achieved when an industry and those served by it are given governance of a public institution subject to the discipline of the financial markets. We feel this model would ideally serve the infrastructure requirements of the Ring of Fire and the many communities directly affected by such developments, whose consultation and participation is paramount.

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.

Shares issued and outstanding: 752,512,273

Contact Information

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

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Medical marijuana gives epileptic child new lease on life

Posted by AGORACOM-JC at 4:26 PM on Monday, April 28th, 2014

AIRDRIE, Alta. ─ Potato chip producers and Grateful Dead fans have always believed, but a desperate mother in Airdrie, Alta., never thought she’d be calling marijuana a miracle.

The cries of “mama, mama” from Sarah Wilkinson’s living room just north of Calgary are all she needs to believe ─ that, and seeing her disabled eight-year-old daughter Mia going from 100 seizures a day to seven in the past eight months.

“Her first seizure was 29 minutes after birth ─ it was absolutely terrifying,” said Wilkinson.

“From there I was thrust into the world of seizure disorders. At first I thought it would resolve itself, and then the doctor sat us down and told us it was terminal.”

Mia was born with Ohtahara syndrome, an extremely rare epilepsy syndrome usually caused by a brain abnormality, and typically fatal within the first two years of life.

Children who survive longer, like Mia, are severely disabled.

Their parents can spend years in a desperate search, for something, anything, to reduce the number and severity of seizures, with the worst ─ called status seizures ─ lasting as long as 22 hours.

Last July, Wilkinson and her husband James had run out of options, and after seeing Mia in hospital ICU, fighting back from yet another brutal seizure and a medically-induced coma, they were ready to give up.

“Her neurologist had looked at me and said there’s nothing else we can do,” said Wilkinson.

“She’d had another status seizure and was in a medically-induced coma and my husband and I said this is it — I looked at him and said ‘I’m not doing this to her anymore, it’s not fair to her.'”

Having gone through dozens of drugs and procedures, Wilkinson said there was nowhere else to go, and to keep bringing Mia back from the brink seemed cruel, even if her life between the awful seizures often seemed happy.

“She laughs and plays with toys and she absolutely adores Lady Gaga,” said Wilkinson.

But worsening seizures and no further pharmaceutical options made the situation hopeless ─ all that was left was marijuana, an herb that has shown promise for other epileptic patients, but none so young.

Wilkinson didn’t really believe in marijuana as medicine ─ “I assumed people who wanted it just wanted to get high” ─ and before Mia’s breakthrough she only counted herself as an advocate for hockey and her two older sons: “I was a militant hockey mom, maybe.”

But with nothing to lose, she asked anyway.

“There was no way a doctor will prescribe medical marijuana for a pediatric patient, but we were ready to sign a ‘no resuscitation’ order and speak with a palliative team,” said Wilkinson.

“So I asked, because it was all that was left. The doctor said, ‘We are at the end of our pharmaceutical rope. Let’s do it.'”

Images of a child smoking bud are far from the truth: the pot is cooked to extract the medicinal agents, then mixed with coconut oil.

Just one day after Mia tasted her first marijuana, there were drastic changes.

“Within 24 hours her seizures stopped,” said Wilkinson. An electroencephalography test showed the herb had somehow calmed her raging brain.

“They said her EEG was comparable to someone with a benign form of epilepsy ─ that’s never happened before.”

The marijuana miracle is still a mystery.

Mia’s doctors want to know which of the roughly 500 compounds in cannabis is working, and why, but that would require an expensive DNA test to even get started — and because she was deemed terminal shortly after birth, public funding for a genetic breakdown has not been available.

“We need to find out why. It won’t change the course of treatment for Mia, but it can for hundreds of other children suffering from intractable seizure disorders,” wrote Wilkinson on a GoFundMe page dedicated to raising cash for that DNA test.

Meanwhile, Mia is happy at home ─ driving her mom nuts.

Unable to speak at all prior to the prescription for pot, Mia now has three words in her vocabulary, including “yes,” “no” and “mama,” plus she’s finally learning to walk.

“She started talking ─ I’m not really liking the ‘no,'” laughs Wilkinson.

“And ‘mama’ is all I hear anymore. I bawled when I first heard it.”

[email protected]

Source: http://www.torontosun.com/2014/04/26/medical-marijuana-gives-epileptic-child-new-lease-on-life

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AGORACOM Small Cap Stock TV – April 28, 2014

Posted by AGORACOM-JC at 1:55 PM on Monday, April 28th, 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 28th and we’ve found 4 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:
Virtutone Networks (VFX.T),

Blackberry (BB.T),

Madalena Energy (MVN.V),

Alacer Gold (ASR.T)

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Virtutone Generates $48.8M in Revenues for the Year Ended Jan 31, 2014

Posted by AGORACOM-JC at 9:35 AM on Monday, April 28th, 2014

 

Sherwood Park, Alberta / April 28th, 2014 / Virtutone Networks Inc. (“Virtutone” or the “Company”) (TSX Venture: VFX.V) today announced its audited financial results for the year ended January 31, 2014.

“We are pleased with the progress we made in 2014, with the sale of our retail division and our focus on wholesale market, which has resulted in tremendous growth in our revenue, gross profit, and income from continuing operations. We are confident that we have the foundation in place to support our continued growth,” said Jason Allen, Virtutone’s CEO.

The Company’s complete Annual Financial Statements, Management Discussion and Analysis, will be filed on SEDAR (www.sedar.com) on April 28, 2014.

Financial Highlights


Click Image To View Full Size

These financial results are presented in conformance with International Financial Reporting Standards (“IFRS”). Certain comparative figures have been restated to conform with the current year’s presentation. The Corporation’s retails division has been presented as loss from discontinued operations. All figures are in Canadian dollars unless otherwise noted. Certain operational measures such as “Adjusted EBITDA” and “Adjusted EBITDA from continuing operations” are not prescribed measures under IFRS. For a description of these measures, see the Operations and Non-IFRS Measures section in Virtutone’s 2014 fiscal year Management Discussion and analysis.

During the year ended January 31, 2014, the Company sold its retail division, and financial results from this division for the years ended January 31, 2014 and 2013 have been classified as discontinued operations. The Company’s exclusive focus on its wholesale division has driven the increased revenue, gross profit and income from continuing operations.

Revenue from continuing operations was $48,823,653 compared to $416,502 in fiscal 2013. Gross profit increased by $1,707,754 to $1,562,478 and income from continuing operations increased by $680,319 to $90,990 over the prior year.

Net loss was slightly higher due mainly due to expenses related to the discontinued retail operations offset by earnings from continuing operations.

Fourth Quarter Highlights

Revenue from continuing operations was $25,125,266 for the three month period ended January 31, 2014.

This revenue was offset by cost of sales in the amount of $24,337,271 and resulted in a gross profit before expenses of $787,995. Total revenue from continuing operations for the three month period ended January 31, 2013 was $106,103 and gross loss before expenses was $39,875. G&A expenses have been allocated on a

percentage basis between the wholesale and retail divisions. A comparison of G&A between the three month periods ending January 31, 2014 and 2013 would therefore not allow for a proper analysis.

Outlook

Virtutone, through its wholesale market focus, is well positioned for growth:

  • The Company’s wholesale division continues to achieve new milestones.

-The Company has tested and installed new software subsequent to year end that optimizes the Company’s voice traffic, resulting in increased margins.

-The Company recently announced the launch of its Short Message Service (SMS) division and expects the division to contribute to revenue and gross profit.

-The Company will seek financing through increases to existing debt facilities and new debt and/or equity financings in order to fund its growing working capital needs. The outcome of the Company’s financing efforts cannot be predicted at this time.

The Company’s annual financial statements, management discussion and analysis, and other disclosures are available on SEDAR.

For further information please contact Sergio Valacco at 780-702-5777.

About Virtutone Networks Inc.

Virtutone Networks Inc. is a technology company based in Sherwood Park, Alberta and is listed on the TSX Venture Exchange in Canada. The company is a leading supplier of wholesale telecommunication services. Additional information can be found on the company’s website at www.virtutone.com.

Forward Looking Information

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.

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GreenRush Financial Conferences Inc. Announces Speaker and Exhibitor Lineup May 7th Vancouver Conference

Posted by AGORACOM-JC at 8:38 AM on Friday, April 25th, 2014

–GreenRush Financial Conferences’ (a wholly owned subsidiary of Next Gen) Vision: To be the Premier Purveyor of Investment conferences for the Medical Marijuana, Industrial Hemp and Alternative Medicine Industries

-The first two Conferences are to be held in Vancouver and Toronto

-Vancouver, British Columbia – Wednesday May 7, 2014 at the Vancouver Convention and Exhibition Centre East, Ballrooms A/B/C in the Pan Pacific Hotel

-Toronto, Ontario – June 2014, Date TBA

-Further conferences are also slated for Canada, the United States and Europe

-The conference will highlight investments in health, agri-business, food, legal grow-ops, technology, client generation, education, public awareness, specialty clinics and auxiliary business opportunities throughout the Medical Marijuana, Industrial Hemp and Alternative Medicine industries.

-The Conference will feature “Industry Experts”, “Investment Experts”, “Corporate Presentations”, “Media Power Hour”, and “The Great Debate Q & A Session”, followed by “A Party with a Purpose!!!”

-For further information and to register as an attendee please visit our website at www.greenrushfinancialconferences.com.

Vancouver, British Columbia, Canada / April 25, 2014 / Next Gen Metals Inc. (“Next Gen”, the “Company”) (CSE: N, OTC Pink: NXTTF, FSE: M5BN) is pleased to announce the initial list of speakers and exhibitors at its inaugural GreenRush Financial Conference to be held in Vancouver, British Columbia on May 7th 2014. GreenRush Financial Conferences objective is to provide a platform/hub to facilitate investment, education and business to business opportunities across the Medical Marijuana, Industrial Hemp and Alternative Medicine sectors.

Harry Barr, President and CEO stated, “The Medical Marijuana, Industrial Hemp and Alternative Medicine industries all have the potential for exponential growth. Recent North American legislation has dramatically changed our industry’s ability to finance existing and new projects. With that in mind GreenRush Financial Conferences will act as a financial hub for these three emerging industries and will facilitate both education and investment across the industries. We look forward to hosting Canada’s first Medical Marijuana, Industrial Hemp and Alternative Medicine Investment conference in Vancouver, BC on May 7th, 2014.”

Please visit www.greenrushfinancialconferences.com
for more information on our speakers and exhibitors.

About GreenRush Financial Conferences

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.

The first conference will held in Vancouver, British Columbia on Wednesday May 7th, 2014 at the Vancouver Convention and Exhibition Centre East, Ballrooms A/B/C in the Pan Pacific Hotel. The second conference will be held in Toronto, Ontario in June 2014 – TBD. Further conferences are also slated for Canada, the United States and Europe.

For more information on GreenRush Conferences please visit our website at

www.greenrushfinancialconferences.com, email us at [email protected] or contact us by phone at (604) 685-1870.

About Next Gen

(CSE: N, OTC Pink: NXTTF, FSE: M5BN)

Next Gen is a diversified Canadian public company which focusses on investing in the Medical Marijuana, Industrial Hemp and Alternative Medicine sectors. Recent regulatory/legal changes in North America have provided an opportunity for the company to enter into this emerging multi-billion dollar industry. Next Gen’s Vision is to be the Leading Provider of Venture Capital for the Medical Marijuana, Industrial Hemp and Alternative Medicine Industries.

Next Gen’s business model generates new business plans and industry related proposals on an ongoing basis. Management continues to receive and review the proposals from various segments of the industry including: alternative medicine, health, food, agri-business, legal grow-ops, technology, client generation, education, public awareness, specialty clinics and ancillary business opportunities. For further information, visit our website at www.nextgenmetalsinc.com.

In light of Next Gen’s vision, Management’s objective is to invest in a basket of companies within this growing industry. The company’s business model continues to generate new business plans and project submittals 24/7.

For further information on GreenRush Financial Conferences please contact us by phone or at [email protected] or [email protected].

For further information and general Investor Relations Inquiries please contact us by phone or email at [email protected].

Tel: +1 604 685 1870 Fax: +1 604 685 8045 Website: http://www.nextgenmetalsinc.com
650-555 West 12th Avenue, City Square, West Tower, Vancouver, B.C., Canada, V5Z 3X7
On behalf of the Board of Directors

“Harry Barr”

Harry Barr

President & CEO

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. 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.

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 harbor provisions of the Private Securities Litigation Reform Act of 1995.

The CSE has neither reviewed nor approved the contents of this News Release.

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Lexaria Announces Managers of Ontario Facility and First Phase Production Plans

Posted by AGORACOM-JC at 8:20 AM on Friday, April 25th, 2014

Kelowna, British Columbia–(April 25, 2014) – Lexaria Corp. (OTCQB: LXRP) (CSE: LXX) (the “Company” or “Lexaria“) is pleased to announce the appointment of its management team for its new Ontario marijuana production facility.

Mr. Don Shaxon has been named Lexaria’s Ontario Operations Manager, having responsibility for Lexaria’s current facility as well as potential future production locations. Don has nearly 20 years experience in the public markets, and has worked in the cannabis industry in the USA for both Cannabis Science Inc and for Endocan Corp; and more recently has joined Enertopia Corp. Don held a Canadian medical marijuana production licence under the recent MMAR program. Don will be intimately involved in production design, layout, and ongoing operations.

“Words cannot describe how truly excited I am to be running the Ontario operations for Enertopia and Lexaria. The healing properties of cannabis are undeniable and it’s a great feeling for me, knowing we’ll be supplying Canadian patients with the quality medicine they rightfully deserve. I’m very much looking forward to solidifying our position as a leader in the emerging medical marijuana industry in Canada.” said Don Shaxon. Mr. Shaxon has been instrumental in assembling the new Ontario team for the Lexaria/Enertopia joint venture project and Lexaria extends its thanks for his important contributions.

Lexaria is also announcing Mr. Jason Springett as Master Grower for the new facility. Jason is currently serving on the Lexaria Advisory Board where he will remain, and he will now add all the responsibilities of Master Grower. Jason has extensive knowledge and experience in the medical marijuana sector having been a licensed grower under existing Health Canada regulations for many years. He has experience with multi-strain growing including THC-free CBD strains; with both organic growing and non-toxic pest control and non organic growing techniques; with yield optimizations strategies such as highly monitored and controlled light, heat, CO2; remote monitoring and controls, and much more.

“Our operations team have the expertise and ambition to build this Ontario marijuana production facility into one of the world’s best, and we will settle for nothing less.” said Chris Bunka, CEO of Lexaria “The Lexaria/Enertopia joint venture is gaining traction and we continue to add talented world-class individuals to our growing team.”

Lexaria also reports that, following a site visit last week, design and engineering of the facility is underway. HVAC, electrical, structural, production optimization and floor design, and plant and process security are just some of the aspects of the project that are now being planned.

The project is being designed as one of Canada’s largest and most advanced marijuana production facilities. Production areas are expected to be completed in either two or three stages, with an initial production area of 20,000 – 25,000 square feet being contemplated at this time. Ultimate production capacity at this location is up to 65,000 square feet on a single floor, or more if a second floor design is utilized in whole or in part.

Each of the managers are eligible to receive up to 577,500 restricted common shares of stock over time in their respective roles as an Advisory Board members, 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 operations team will provide any benefit to Lexaria, nor that a first phase of construction will involve 25,000 square feet or will be completed, or that the Company will be successful in obtaining a Health Canada license under the MMPR program.

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

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Enertopia Appoints Don Shaxon Ontario Operations Manager

Posted by AGORACOM-JC at 8:00 AM on Friday, April 25th, 2014

Vancouver, BC—Enertopia Corporation (ENRT) on the OTCBB and (TOP) on the CSE (the “Company” or “Enertopia”) is pleased to announce the appointment of its first managers for its new Ontario marijuana production facility.

Mr. Don Shaxon has been named Ontario Operations Manager, having responsibility for the current facility location, design, team building, operations and build out. Don has been an early pioneer in the legal cannabis market place since 2006 as a grower under the old MMAR and with his several years of cannabis consulting experience with the top tier of MMJ public stocks in the USA.

“Words cannot describe how truly excited I am to be running the Ontario operations for Enertopia and Lexaria. The healing properties of cannabis are undeniable and it’s a great feeling for me, knowing we’ll be supplying Canadian patients with the quality medicine they rightfully deserve. I’m very much looking forward to solidifying our position as a leader in the emerging medical marijuana industry in Canada.” said Don Shaxon.

Enertopia is also announcing Mr. Jason Springett as Master Grower for the new facility.

“We have identified the talented individuals who have the expertise and ambition to turn the Ontario marijuana production facility into one of the world’s best, and we will settle for nothing less than the top tier in quality for MMJ production facilities.” said Robert McAllister, President / CEO of Enertopia.

Enertopia also reports that, following a site visit last week, design and engineering of the facility is underway. HVAC, electrical, structural, production optimization and floor design, and plant and process security are just some of the aspects of the project that are now being planned.

The project is being designed as one of Canada’s largest and most advanced marijuana production facilities. Production areas are expected to be completed in either two or three stages, with an initial production area of 20,000 square feet being contemplated at this time. Ultimate production capacity at this location could be up to 60,000 square feet on a single floor, or more if a second floor design is utilized in whole or in part.

The consultants are each eligible to receive up to 472,500 restricted common shares of stock over time in their respective roles as an Advisory Board members, depending on certain specified performance thresholds being reached. Enertopia continues to build its team of experts and consultants in all aspects of its business and expects to continue this growth in the near future.

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 advisor 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

 

 

 

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Garibaldi drills 8.5 m of 10.4 g/t Au at La Patilla

Posted by AGORACOM-JC at 6:13 PM on Thursday, April 24th, 2014

GARIBALDI INTERCEPTS 10.4 G/T AU OVER 8.5 METERS NEAR-SURFACE IN FIRST-EVER DIAMOND DRILLING AT LA PATILLA

Garibaldi Resources Corp. has provided a progress update on its exploration activities in Mexico. Of particular note, first-ever diamond drilling at the La Patilla gold property in Sinaloa state has returned highly encouraging gold values near-surface, including an interval grading 10.4 grams per tonne gold over 8.5 metres in LP-14. First-pass metallurgical testing is now under way in advance of a planned follow-up phase 2 drill program as Garibaldi systematically moves this project forward.

La Patilla highlights:

LP-14 intersected 10.4 grams per tonne gold over 8.5 metres within a wider 30-metre interval grading 3.1 grams per tonne gold;
Five of six holes drilled to test the La Patilla vein system intersected broad zones of mineralization along 75 metres of strike length to depths of approximately 50 metres;
Mineralization remains open in all directions, including at depth, and consists of gold-bearing quartz veins and breccia bodies in an epithermal, low-sulphidation system.

Regional highlights:

Garibaldi starts drilling test hole at Rodadero high-grade silver target in northern Sonora state;
First-ever drill program at Iris, adjacent to two operating mines in Chihuahua state, is scheduled to commence after completion of drilling at Rodadero.

Steve Regoci, president and chief executive officer of Garibaldi, commented: “This initial shallow drilling at La Patilla, where artisanal miners have been operating for decades, is an exceptional start for us. Our next step, which we have already commenced, is a preliminary test program for recovery using cyanide to determine the amenability of the mineralization to possible heap leaching. We look forward to the next round of drilling at La Patilla, which will test a potential source at depth for the near-surface mineralization we’ve confirmed in the vein system. Secondary structures/zones will be investigated further as well. Regionally, through the same cost-effective approach that gave us success with the Temoris option, we’re now at an exciting new stage of exploration not only at La Patilla, but with developments in Sonora at Tonichi and initial drilling at both Rodadero and Iris.”

  SHALLOW DRILLING HIGHLIGHTS 
            LA PATILLA VEIN SYSTEM 

Hole         From (m)   To (m)  Length (m) Au (g/t)

LP-14              11       41         30      3.1
includes         32.5       41        8.5     10.4
includes         38.5     39.5          1     82.3
LP-12            34.5     45.3       10.8      1.9
includes         39.2     41.5        2.3      6.8
LP-10               0     31.6       31.6      0.8
LP-03             3.1       42       38.9      0.8
includes         15.7       42       26.3      1.1
LP-02             3.6     17.3       13.7      0.9

Reported widths are believed to closely
approximate true width.
All intervals were calculated using a
0.2-gram-per-tonne-gold cutoff.
Up to 8.5 metres of contiguous samples below
cut-off have been included in the larger
intercepts in LP-14 and LP-03.

The presence of mineralization in the wallrocks of the La Patilla vein system could be favorable for a bulk mining open-pit scenario with a relatively low strip ratio. Results from two shallow exploratory holes adjacent to the La Patilla vein system suggest these areas warrant follow-up work. Hole LP-13 (the Jose vein) returned 5.8 grams per tonne gold over 2.5 metres and 2.1 grams per tonne gold over 1.5 metres from different near-surface depths. Meanwhile, hole LP-04 (collared 75 metres east of LP-14) cut two zones in a stockwork system: 0.4 gram per tonne gold over 10.5 metres and 0.5 gram per tonne gold over 10.7 metres.

Results from the second main target, the Murcielago breccia located to the northeast of the La Patilla vein system, were partly inconclusive due to poor recoveries and the fact that the most important holes to test under the high-grade mineralization in the underground workings were not completed to the target depths because of difficult drilling conditions (the most significant intersection from seven holes was 18.6 metres grading 0.6 gram per tonne gold in LP-01). The prospective Murcielago area will be followed up through reverse circulation drilling.

An updated map for the La Patilla gold property, including locations for all 15 holes totalling 1,245 metres, can be found on the company’s website.

Rodadero and Iris projects

Garibaldi is using its company-owned drill rig for a test hole, currently in progress, at the Rodadero property in Sonora state. Aided by its hyperspectral remote sensing technology, Garibaldi is now focusing on a 6,500-hectare area at Rodadero with high-grade silver targets and the potential for an epithermal gold system. This property has never previously been drilled.

Meanwhile, Garibaldi is preparing to drill a series of first-ever holes at the Iris project strategically located in the heart of a robust mining and exploration camp in Chihuahua state. Agnico Eagle Mines Ltd. and Carlos Slim’s Minera Frisco have operating mines immediately adjacent to Iris.

Tonichi project — Locust target

Garibaldi continues to advance its Locust copper-gold porphyry target that forms part of its Tonichi project in Sonora state. Based on local zonation patterns in the context of classic porphyry models grading outward from a core, attention is now focused on an area just over half a kilometre north of the three most recently completed holes, MAR-13-03, MAR-13-02 and MAR-13-01. To date, Garibaldi has completed 3,000 metres of diamond drilling in 17 widely spaced holes at Locust. A series of breccia bodies have been outlined along an east-west-trending shear zone coincident with a broad envelope of gold and copper mineralization mapped over a five-kilometre trend and one to two kilometres across. MAR-13-03 was designed to test the geological continuity of the hypogene zone intersected in MAR-13-02. MAR-13-03 reached 254 metres, intercepting strong potassic, sericitic and propylitic alteration with narrow zones of anomalous copper and gold mineralization. The wide intercepts of anomalous to low-grade copper-gold mineralization and porphyry-style alteration/mineralization in holes MAR-13-03 and MAR-13-02 are located 800 metres west of MAR-13-01 and over two kilometres west of the original Locust target, providing a significant step-out to the area tested.

Quality assurance and control

Garibaldi maintains strict quality assurance/quality control protocols for all aspects of its exploration programs that include the systematic insertion of blanks and standards into each sample batch. ALS Chemex and Acme Labs (now part of the Bureau Veritis group, which includes BSI Inspectorate) performed assay analyses reported in this release. All samples were assayed using the respective laboratories’ certified and industry standard assay techniques for gold and multielement packages and for overlimits. Gold was analyzed by 30-gram or 50-gram fire assay with an atomic absorption finish, and other elements were analyzed by multielement ICP.

Qualified person

Dr. Craig Gibson, certified professional geologist and a director of Garibaldi, is a non-arm’s-length qualified person for the company’s Mexico projects and the direct manager of the technical programs operated under contract by Prospeccion Y Desarrollo Minero del Norte (ProDeMin). Dr. Gibson has reviewed and approved the contents of this news release.

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