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FEATURE: betterU Education $BTRU.ca – The Only Education Marketplace In #India Serving 1.3 Billion Potential Customers #edtech

Posted by AGORACOM-JC at 4:56 PM on Thursday, March 22nd, 2018

CONNECTING GLOBAL EDUCATION WITH THE INDIAN MARKETPLACE

betterU Education Signs Definitive Agreement and Provides Update on $100 Million Investment

  • On February 1st, 2018 Treasure Union Limited and the Corporation executed a definitive agreement
  • Definitive Agreement solidifies the terms and conditions required to complete the final details for the US$100M equity investment in betterU
  • US$3.00 per common share

HIGHLIGHTS

  • The ONLY Global Education Marketplace Serving India
  • Launched full-scale mass marketing print campaign through Hindustan Times, Hindustan and The Mint last week across India (Check it out)
  • Signed Definitive Agreement With Swift e-Learning Services to Launch e-Template Marketplace to Support India’s Content Development Requirements
  • Launching Education Blockchain Ecosystem Project Read More
  • Executes on Definitive Agreement With One of India’s Largest Media Conglomerates (HT Overseas Pte. Ltd.) for a $10 Million Media Investment (completed first tranche of $1.25M) Read More
  • betterU Partners With Adobe to Deliver Leading Digital Experience Programs in India
  • Executed MOU with the Telecom Sector Skill Council to jointly support both organizations’ efforts towards the skilling of millions of professionals across India’s Telecom sector Read More
  • Capitalizing On Mobile Payments Structure Others Unable To Provide
  • Unique Ability To Collect From 200 Different Payment Methods in India
  • BetterU Receives 20 – 50% Of All Revenues Generated

BREAKING: TSX Venture Exchange #TSXV chooses PyroGenesis $PYR.ca to be included in the Exclusive TSX Venture 50®

Posted by AGORACOM-JC at 11:37 AM on Thursday, March 22nd, 2018

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  • Ranked by the TSX Venture Exchange as one of the strongest companies on the TSXV
  • Chosen to be included in the exclusive TSX Venture 50® group of companies
  • One of the top 10 cleantech companies on the exchange

MONTREAL, March 22, 2018 — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V:PYR), (the “Company”, the “Corporation” or “PyroGenesis”) a Company that designs, develops and manufactures plasma waste-to-energy systems and plasma torch systems, is pleased to announce today that it has been ranked by the TSX Venture Exchange as one of the strongest companies on the TSXV and has been chosen to be included in the exclusive TSX Venture 50® group of companies as one of the top 10 cleantech companies on the exchange.

The TSX Venture 50® is the annual ranking by the TMX Group of the top 50 companies on the TSX Venture Exchange.  The Companies on the list are chosen by assigning equal weighting to share price appreciation, trading volume, market capitalization growth and analyst coverage. The Companies on the TSX Venture 50® list have had impressive growth in the previous year, offered strong returns to shareholders and are actively traded in the market.

“Being considered one of Canada’s elite TSX Venture Exchange companies, by such a highly regarded authority, is indeed an honor, and this is now the second time we have been recognized as such,” said P. Peter Pascali, President and CEO of PyroGenesis. “It is extremely challenging to introduce game changing technology into the marketplace, and not just in one vertical, but in several, while at the same time engaging investors and the investment community in such a way that these unique achievements are properly understood.  This recognition, in the highly competitive environment that is the TSX Venture Exchange, underscores the success we have been having in both commercializing our technology and communicating our progress to the investment community.”

“Our cleantech vertical is arguably our oldest and best-known vertical of them all,” said Mr. Pierre Carabin, Chief Technology Officer of PyroGenesis. “We have clearly established ourselves as a leader in plasma based clean tech solutions for the US Department of Defense, by being in the design of the Next Gen of the Gerald R. Ford Class supercarriers. Our DROSRITE™ technology, which is not only environmentally friendly, but allows for higher aluminum recovery from dross, is also a significant contributor to this vertical. Of greatest interest is that this vertical is now providing the springboard from which we are launching our powder production strategy. This powder production vertical has tremendous growth potential and PyroGenesis’ plasma atomization technology has been shown to be the gold standard for the production of high purity, reactive, metal powders for the Additive Manufacturing Industry.”

About PyroGenesis Canada Inc.

PyroGenesis Canada Inc. is the world leader in the design, development, manufacture and commercialization of advanced plasma processes. We provide engineering and manufacturing expertise, cutting-edge contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, advanced materials (including 3D printing), oil & gas, and environmental industries. With a team of experienced engineers, scientists and technicians working out of our Montreal office and our 3,800 m2 manufacturing facility, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. Our core competencies allow PyroGenesis to lead the way in providing innovative plasma torches, plasma waste processes, high-temperature metallurgical processes, and engineering services to the global marketplace. Our operations are ISO 9001:2008 certified, and have been since 1997. PyroGenesis is a publicly-traded Canadian Corporation on the TSX Venture Exchange (Ticker Symbol: PYR) and on the OTCQB Marketplace. For more information, please visit www.pyrogenesis.com

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward- looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Corporation’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Corporation with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Corporation’s ongoing filings with the securities regulatory authorities, which filings can be found at www.sedar.com, or at www.otcmarkets.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Corporation undertakes no obligation to publicly update or revise any forward- looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

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

SOURCE PyroGenesis Canada Inc.

For further information please contact: Rodayna Kafal, VP, Investor Relations and Strategic Business Development, Phone: (514) 937-0002, E-mail: [email protected]

RELATED LINKS: http://www.pyrogenesis.com/

Namaste $N.ca $NXTTF Announces Non-Binding Terms Sheet With Australian-Based Medical Cannabis Company PharmaCann Pty Ltd $ACB.ca $HIP.ca $WEED.ca $CMED.ca

Posted by AGORACOM-JC at 8:39 AM on Thursday, March 22nd, 2018

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  • Signed a non-binding Terms Sheet with PharmaCann Pty Ltd.
  • Namaste will participate in an investment to purchase a 10% equity position in PharmaCann
  • PharmaCann currently operates with existing licenses to import, export and wholesale medical cannabis issued by the Australian Government Department of Health

VANCOUVER, British Columbia, March 22, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N)(FRANKFURT:M5BQ)(OTCMKTS:NXTTF) is pleased to announce that it has signed a non-binding Terms Sheet (the “Terms Sheet”) with PharmaCann Pty Ltd. (“PharmaCann”), whereby Namaste will participate in an investment to purchase a 10% equity position in PharmaCann. PharmaCann currently operates with existing licenses to import, export and wholesale medical cannabis issued by the Australian Government Department of Health. Namaste’s investment in PharmaCann will be used by PharmaCann to proceed with its application to further secure a cultivation license. The Australian market represents a major component of Namaste’s current revenue, which is derived in hardware sales, and remains a primary focus of Namaste’s strategic initiatives as it looks to target the Australian medical cannabis industry. Namaste believes PharmaCann’s import, export and wholesale licenses bring immediate value to the Company and believes that  PharmaCann has the ability to obtain a cultivation license which will further enhance Namaste’s ability to penetrate global markets. In addition to Namaste’s strategic investment in PharmaCann, the Terms Sheet outlines additional business ventures between both parties as outlined below.

 

Key Terms:

  • Namaste will provide a cash investment for 10% equity in PharmaCann.
  • Namaste will purchase 250kg annually of medical cannabis for export to Canada under the Company’s wholly owned subsidiary Cannmart Inc. (“Cannmart”) for the next three years, subject to approval by Health Canada.
  • Namaste will assist PharmaCann with implementation of a global distribution strategy.
  • Namaste will provide non-exclusive access to its database of Australian consumers.
  • PharmaCann will leverage its import, export and wholesale licenses to support Namaste in international markets.
  • PharmaCann will grant up to 10% of its useable space to develop genetic strains of medical cannabis with Namaste.
  • PharmaCann will perform clinical trials with the use of Namaste’s hardware and client-base, in accordance with Australian state and federal laws.
  • Closing of the proposed agreement will be contingent upon negotiating and execution of definitive documentation and approval of the terms of the agreement by each party’s respective directors.

Namaste remains committed to focusing on opportunities and collaborations with PharmaCann in the Australian market, as it represents an important part of the Company’s growth strategy moving forward. As the Canadian market progresses closer towards full legalization, Namaste is of the opinion that additional markets, such as Australia, will provide Namaste with a more diverse market presence by allowing the Company to continue leveraging its global database of cannabis users. This strategy represents an opportunity for Namaste to expand its global ecommerce platform into other progressive markets, as it looks to replicate the success it has achieved in the Canadian market.

Management Commentary

Victor Caprio, Managing Director and CEO of PharmaCann comments: “PharmaCann is excited to be working with Namaste to strengthen our respective positions in the Australian and International Markets. With Namaste’s strategic investment in PharmaCann, we strongly believe that our current foothold in the Australian Market will be amplified exponentially and will provide us with further opportunities to increase our market offerings, whilst allowing for further growth in this exciting and ever-evolving industry. Additionally, our teams look forward to continuing our close working relationship together to ensure that our shared values and overall objectives are maintained, both now and into the future.”

Sean Dollinger, President and CEO of Namaste comments: “We are very pleased to announce this non-binding Terms Sheet with PharmaCann. This is something we have been working on for several months and having received our Canadian ACMPR license, we plan on executing our strategy to launch a similar platform in regional markets where Namaste maintains large market presence. There are a multitude of synergistic relationships with PharmaCann not only from cultivation but in leveraging PharmaCann’s import, export and wholesale licenses to expand on our global operations. We are very excited at the incredible opportunities that exist globally, as other countries look to capitalize on the rapidly growing cannabis industry.”

About PharmaCann

PharmaCann Pty Ltd is an Australian Company that was formed by a group of entrepreneurs, whom shared the same belief that medicinal cannabis can be a beneficial and viable treatment option for patients with multiple and varying conditions throughout Australia and the world. PharmaCann formed its Biotechnology and Nutraceutical Company with a team of public health and medical experts dedicated and committed to supplying an alternative to traditional medications with the use of cannabinoids. Our Medical and Allied Health Network works diligently to ensure that Patients have adequate access to alternative treatment options, whilst working closely with our State and Federal Regulatory Agencies to ensure that adequate access is maintained.

About Namaste Technologies Inc.

Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through 24 e-commerce sites in 20 countries and with distribution hubs located around the world. Namaste has majority market share in Europe and Australia, with operations in the UK, Canada and Germany and has opened new supply channels into emerging markets including Brazil, Mexico and Chile. Namaste, through its acquisition of Cannmart Inc., is pursuing a new revenue vertical in online retail of medical cannabis in the Canadian market. Namaste intends to leverage its existing database of Canadian cannabis consumers, along with its expertise in e-commerce to create an online marketplace for medical cannabis patients, offering a larger variety of product and a better user experience.

On behalf of the Board of Directors

“Sean Dollinger”
Chief Executive Officer
Direct: +1 (786) 389 9771
Email: [email protected]

PharmaCann Pty Ltd
“Victor Caprio”
Managing Director & CEO
Email: [email protected]

 

Further information on the Company and its products can be accessed through the links below:

 

NamasteTechnologies.com
NamasteMD.com
NamasteVapes.ca
Everyonedoesit.ca
Pharmacann.com.au

 

FORWARD LOOKING INFORMATION This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, Namaste assumes no responsibility to update or revise forward looking information to reflect new events or circumstances unless required by law. 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 press 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 press 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 press release.

Explor Acquires Hoyle Township Exploration Property

Posted by AGORACOM-JC at 6:09 PM on Wednesday, March 21st, 2018

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  • Announced the acquisition of eight mining claims situated in the Hoyle Township, in the Porcupine Mining Division, District of Cochrane,  Province of Ontario for a total of 1036.4 hectares
  • Claims are located in Hoyle Township, north of Bell Creek, Owl Creek and Hoyle Pond gold Mines

ROUYN-NORANDA, Quebec, March 21, 2018 – Explor Resources Inc. (“Explor” or “the Corporation”) (TSX-V:EXS) (OTCQB:EXSFF) (FSE:E1H1) (BE:E1H1) is pleased to announce the acquisition of eight (8) mining claims (64 claim units) situated in the Hoyle Township, in the Porcupine Mining Division, District of Cochrane,  Province of Ontario for a total of 1036.4 hectares. These claims are located in Hoyle Township, north of Bell Creek, Owl Creek and Hoyle Pond gold Mines. Highway 101, south of the property, provides excellent access to the property and to the city of Timmins. These claims were acquired because of results obtained by Tahoe Resources and Goldcorp in their exploration programs in Hoyle Township.

Explor will pay CDN $1,000 and issue 3,000,000 common shares to acquire a 100% interest in the property. This acquisition is subject to the approval of the TSX Venture Exchange.

With this acquisition, Explor’s strengthens its position as a gold exploration company in the Timmins Mining Camp. Gold mineralization was first discovered in Hoyle Township on the Bell Creek Mine property between 1980 and 1982 by a joint venture between Rosario Resources Canada Ltd. (“Rosario”) and Dupont of Canada Exploration Limited (“Dupont”) as shown on the attached plan. The Bell Creek Property was subsequently acquired by Canamax Resources (“Canamax”).  Canamax explored and developed the Bell Creek Mine between 1986 and 1991. Falconbridge Gold Corporation (“Falconbridge”) acquired and operated Bell Creek Mine from 1991 to 1992, followed by Kinross Gold Corporation (“Kinross”) until mine closed in 1994. In 2007, Lake Shore Gold Corp. (“Lake Shore”) entered into an agreement with Porcupine Joint Venture (“PJV”) to acquire the Bell Creek Mine and Mill Complex.  Tahoe Canada is its current owner having acquired Lake Shore. The current measured and indicated resource of the Bell Creek mine is: Measured and indicated 4,685,999 tonnes at 4.72 g/t Au and inferred 6,080,000 tonnes at 4.62 g/t. Au.1

The Owl Creek Mine was discovered by Inco Limited (“Inco”) in 1973 approximately 3.2 km from the Kidd Creek Concentrator and Smelter Complex. Drilling and geological surveying which were undertaken, resulted in a number of gold assays that averaged 0.22 ounces of gold (Au) per ton. The Owl Creek Mine was placed on hold for the next few years before an optioning agreement was made in 1980 between Texas Gulf Canada Limited (“Texas Gulf”) and Inco to explore the gold property. A joint venture was established to conduct underground exploration and bulk sampling on a 60%-40% basis. Diamond drilling that was completed along a strike of 400 feet indicated an average grade of 0.22 ounces of gold (Au) per ton in 5 holes over an average width of 10 feet. Gold assays that were pick up from drilling also ranged from 0.15 ounces of gold over 15 feet to 0.27 ounces of gold over 9 feet. An Open Pit was established and Texas Gulf reported that about 200,000 tonnes of ore were mined which an average of 5 g/t gold, or 0.145 ounces of gold (Au) per ton. The Owl Creek mine was later acquired by Falconbridge in 1986 when it acquired Texas Gulf.  Of note, hole # H13-34 returned an average assay of 0.18 ounces of gold per ton over 173.9 feet. In addition to this, it also included a 78.7 ft interval averaging 0.32 ounces of gold per ton (Au). Other reports stated that the Owl Creek West Project is commonly known to be opened along strike, and both up dip, and down dip. The Owl Creek mine was subsequently acquired by Goldcorp.

The Hoyle Pond Mine located to the east of the Owl Creek mine was discovered in 1969 and produces free milling gold with a grade of up to 17.8 g/t by gravity and flotation. The gold ore is found in 2 to 3 quartz carbonate veins steeply dipping to the north east. In a press release dated July 26, 2017, Goldcorp stated that “at Hoyle Pond, 4,666m of core drilling was completed to further test the down plunge mineralization of the S veins. Drilling results showed some grade variability, but an overall extensive high grade ore plunge. Extending the ore plunge across the diabase dyke to the east was a goal of the exploration team for the second quarter. The two deepest intersections on the S1 vein at 1,860 m  level returned intercepts of 72.2 g/t over 1.5m and 40.3 g/t over 1.7m (true width).  Both intercepts revealed brecciated, multigenerational quartz veins with visible gold concentrated along the footwall contact.  More typical intercepts would range closer to 20.9 g/t over 1.2m, with varying widths of up to 4m (true width)”.

Chris Dupont P.Eng is the qualified person responsible for the information contained in this release.

Explor Resources Inc. is a publicly listed company trading on the TSX Venture (EXS), on the OTCQB (EXSFF) and on the Frankfurt and Berlin Stock Exchanges (E1H1).

This Press Release was prepared by Explor. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the Policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

About Explor Resources Inc.
Explor Resources Inc. is a Canadian-based natural resources company with mineral holdings in Ontario, Québec, Saskatchewan and New Brunswick. Explor is currently focused on exploration in the Abitibi Greenstone Belt. The belt is found in both provinces of Ontario and Québec with approximately 33% in Ontario and 67% in Québec. The Belt has produced in excess of 180,000,000 ounces of gold and 450,000,000 tonnes of cu-zn ore over the last 100 years. The Corporation was continued under the laws of Alberta in 1986 and has had its main office in Québec since 2006.

Explor Resources Flagship project is the Timmins Porcupine West (TPW) Project located in the Porcupine mining camp, in the Province of Ontario. The TPW mineral resource (Press Release dated August 27, 2013) includes the following:

Open Pit Mineral Resources at a 0.30 g/t Au cut-off grade are as follows:     Indicated: 213,000 oz (4,283,000 tonnes at 1.55 g/t Au) Inferred:  77,000 oz (1,140,000 tonnes at 2.09 g/t Au)     Underground Mineral Resources at a 1.70 g/t Au cut-off grade are as follows:   Indicated: 396,000 oz (4,420,000 tonnes at 2.79 g/t Au) Inferred: 393,000 oz (5,185,000 tonnes at 2.36 g/t Au)This document may contain forward-looking statements relating to Explor’s operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Explor’s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filling. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Explor disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

For further information please contact:            

Christian Dupont, President     Tel: 888-997-4630 or 819-797-4630     Fax: 819-797-1870     Website: www.explorresources.com     Email: [email protected]    1 Based on a NI 43-101 technical report entitled “Ni 43-101 Technical Report, Updated Mineral Reserve Estimate for Bell Creek Mine, Hoyle Township, Timmins, Ontario ” prepared in March 2015 by Eric Kallio, P. Geo., and Nastasha Vaz, P. Eng. and filed on SEDAR.

To view the map associated with this release, please visit the following link:

http://resource.globenewswire.com/Resource/Download/3700ff26-e218-42f9-9cb4-69eae3a05dfe

Tartisan Resources Corp. $TTC.ca to Change Name to Tartisan Nickel Corp. $TN.ca

Posted by AGORACOM-JC at 10:43 AM on Wednesday, March 21st, 2018

Tartisan logo copy

Kenbridge Deposit Highlights:

  • Hosting measured and indicated resources of 7.139 million tonnes of 0.62% nickel, 0.33% copper, and 0.016% cobalt; and inferred resources of 118,000 tonnes of 1.38% nickel, 0.88% copper, and 0.003% cobalt
  • In total a contained nickel resource of 97.8 million pounds and 47 million pounds of copper

Toronto, Ontario – Tartisan Resources Corp. (CSE: TTC, FSE: 8TA) (“Tartisan”, or the “Company”) is pleased to announce that the previously announced change of name of the Company will be effective as of the opening of trading on Friday, March 23, 2018 under the symbol “TN”.

ABOUT TARTISAN RESOURCES CORP.

Tartisan’s assets include the Kenbridge Deposit hosting measured and indicated resources of 7.139 million tonnes of 0.62% nickel, 0.33% copper, and 0.016% cobalt; and inferred resources of 118,000 tonnes of 1.38% nickel, 0.88% copper, and 0.003% cobalt. In total a contained nickel resource of 97.8 million pounds and 47 million pounds of copper. The Kenbridge Deposit is equipped with a 623m shaft and has never been mined. Mineralization is open at depth and along strike. Tartisan has engaged MineMap Pty. Ltd. of Midland, Western Australia, as consulting engineer for the project to provide an updated block model and future plans for further development.

Tartisan also owns the Alexo-Kelex Nickel project near Timmins, Ontario, a former nickel producer.

In Peru, Tartisan owns a 100% stake in the Don Pancho Zinc-Lead-Silver Project in Peru just 9 km from Trevali’s Santander mine and owns a 100% stake in the Ichuna Copper-Silver Project, contiguous to Buenaventura’s San Gabriel property. Tartisan also owns a significant equity stake (6 million shares and 3 million warrants at 40 cents) in Eloro Resources Ltd, which is exploring the low-sulphidation epithermal La Victoria Gold/Silver Project in Ancash, Peru.

Tartisan Resources Corp. common shares are listed on the Canadian Securities Exchange (CSE: TTC, FSE 8TA). Currently, there are 96,083,550 shares outstanding (107,417,594 fully diluted). Tartisan Resources Corp. is a member of the CSE Composite Index.

For further information, please contact Mr. D. Mark Appleby, President & CEO and a Director of the Company, at 416-804-0280 ([email protected]). Additional information about Tartisan can be found at the Company’s website at www.tartisanresources.com or on SEDAR at www.sedar.com.

Jim Steel MBA P.Geo. is the Qualified Person under NI 43-101 and has read and approved the technical content of this News Release.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

Namaste $N.ca Announces Medical Cannabis Supply Agreement With Leading Jamaican Producer Marigold $ACB.ca $HIP.ca $WEED.ca $CMED.ca

Posted by AGORACOM-JC at 10:13 AM on Tuesday, March 20th, 2018

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  • Announced that it has signed a Medical Cannabis Supply Agreement with Marigold Projects Jamaica 
  • Marigold will supply Cannmart with high quality Jamaican produced medical cannabis, to be imported by Cannmart from Jamaica and offered in the Company’s online marketplace, subject to approval by Health Canada and the Cannabis Licencing Authority

VANCOUVER, British Columbia, March 20, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N) (FRANKFURT:M5BQ) (OTCMKTS:NXTTF) is pleased to announce that it has signed a Medical Cannabis Supply Agreement (the “Supply Agreement”) with Marigold Projects Jamaica Ltd. (“Marigold”) under its wholly owned subsidiary, Cannmart Inc. (“Cannmart”), whereby Marigold will supply Cannmart with high quality Jamaican produced medical cannabis, to be imported by Cannmart from Jamaica and offered in the Company’s online marketplace, subject to approval by Health Canada and the Cannabis Licencing Authority. This Supply Agreement further supports Namaste’s vision of creating a diverse platform for medical patients to access high quality cannabis, sourced from both domestic and international producers.

Key Terms of the Supply Agreement:

  • Cannmart will submit purchase orders to Marigold for medical cannabis.
  • Cannmart will import medical cannabis from Marigold, subject to approval by Health Canada.
  • Cannmart will be compliant with Marigold’s branding and pricing strategy.
  • Cannmart will be responsible for shipping and importation costs of the product.
  • Marigold will provide Cannmart with lab test reports for each purchase in advance and in accordance with Cannmart’s requirements under Canadian regulations.
  • Packaging of products will bear the Marigold brand logo.

The Supply Agreement with Marigold exemplifies a major component of Namaste’s strategy in providing Canadian patients with access to high-quality imported medical cannabis. Marigold’s strong management team and extensive experience in cultivation will add significant value to Cannmart’s product offering. The Company anticipates strong demand for imported medical cannabis products and looks forward to further developing a relationship with Marigold and its management team.

Management Commentary

Clifford Starke, Chairman of Marigold comments: “Sean and his team have created a leading global web platform in the cannabis accessories industry. Now with an ACMPR production license in hand and the release of the NamasteMD app, we expect Namaste to further disrupt the cannabis industry using their innovative approach to product marketing. As Marigold enters its growth phase, weeks away from first commercial harvest, we look forward to becoming a trusted supplier of premium medicinal cannabis products to Namaste’s customer base. We are thrilled to work with Namaste and look forward to further developing this strategic partnership in step with the legalization of medical cannabis worldwide.”

Sean Dollinger, President and CEO of Namaste comments: “We are very pleased to announce this Supply Agreement with Marigold as we look to expand our product offering through Cannmart. The importation of medical cannabis will serve as a strong niche for Namaste in the Canadian marketplace. We believe this strategy will help set Namaste apart from its competitors.  Although Cannmart’s patients will have access to some of the highest quality medical cannabis sourced from domestic licensed producers, we feel that there is major value in providing our patients with premium quality imported products as well. We thank Marigold’s management team for working with us to prepare the Supply Agreement and we anticipate a long-term mutually beneficial relationship with them. Having recently received our ACMPR medical cannabis production license for Cannmart, we’re looking forward to exploring new opportunities in this exciting industry.”

About Marigold

Marigold is a vertically integrated cannabis company located in Jamaica with over 70 acres in the Sunshine City and the famous Blue Mountains. Led by a High Times Hall of Fame breeder and 19-time Cannabis cup winner, current operations include 10-acres of outdoor production with the first commercial harvest underway. Marigold is rapidly building out its product suite utilizing top technology hydroponic greenhouses and nurturing specialized strains unique to Jamaica’s climate as well as developing the tourist and local market via dispensaries and herb shops. With one of the only research and development licenses in the country and an exclusive partnership with the University of West Indies, Marigold intends to leverage its low cost, scalable cultivation operations along with world-class portfolio of strains and cultivation expertise to provide markets across the world with a high volume of premium, cost effective cannabis products.

About Namaste Technologies Inc.

Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through 24 e-commerce sites in 20 countries and with distribution hubs located around the world. Namaste has majority market share in Europe and Australia, with operations in the UK, Canada and Germany and has opened new supply channels into emerging markets including Brazil, Mexico and Chile. Namaste, through its acquisition of Cannmart Inc., is pursuing a new revenue vertical in online retail of medical cannabis in the Canadian market. Namaste intends to leverage its existing database of Canadian cannabis consumers, along with its expertise in e-commerce to create an online marketplace for medical cannabis patients, offering a larger variety of product and a better user experience.

On behalf of the Board of Directors

“Sean Dollinger”
Chief Executive Officer
Direct: +1 (786) 389 9771
Email: [email protected]

Further information on the Company and its products can be accessed through the links below:

NamasteTechnologies.com
NamasteMD.com
NamasteVapes.ca
Everyonedoesit.ca

FORWARD LOOKING INFORMATION This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, Namaste assumes no responsibility to update or revise forward looking information to reflect new events or circumstances unless required by law. 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 press 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 press 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 press release.

 

St-Georges $SX SX.ca $SXOOF Retains Gravitas Securities Inc. as Strategic Financial Advisors #ZeU

Posted by AGORACOM-JC at 9:02 AM on Tuesday, March 20th, 2018

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  • Retained services of Gravitas Securities Inc. to act as financial advisors to St-Georges and its related entities
  • Gravitas will be tasked with assisting ZeU Crypto Networks Inc.
  • Currently in the process of acquiring all the intellectual properties of Tiande, a developer of permission-based blockchain protocol with BigData connectivity

Montreal / March 20, 2018 – St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to announce that it has retained the services of Gravitas Securities Inc. to act as financial advisors to St-Georges and its related entities.

Gravitas will be tasked with assisting ZeU Crypto Networks Inc., St-Georges wholly-owned subsidiary, which is currently in the process of acquiring all the intellectual properties of Tiande, a developer of permission-based blockchain protocol with BigData connectivity. Gravitas will provide a number of services to ZeU including providing capital markets intelligence & guidance, financial & operational analysis of the company, and recommendations on capital requirements and strategic business decisions.

“With its contingent of Sino-Canadian personnel able to review our technology and business legal documentation in mandarin and the positive approach of the firm toward disruptive blockchain technologies, Gravitas is an excellent match for us. Their involvement should help us accelerate our financing effort with other securities firms and institutional investors. We also welcome their expertise to assist us for any corporate actions that might be undertaken in the coming months by the company” commented ZeU President Frank Dumas.

About Gravitas

Gravitas Securities is a leading wealth management and capital markets firm comprised of tactical individuals known for their sophisticated sector expertise, commitment to excellence, and a global platform committed to integration and innovation. Gravitas provides a wide range of investment services for retail and corporate clients globally with offices in Toronto and Vancouver, and is represented in the United States through its FINRA representative, Gravitas Capital International, in New York.

Gravitas Securities Inc. is a member of IIROC and CIPF.

ZeU Crypto Networks welcomes Lord Razzall as a director of the corporation

ZeU is pleased to welcome Lord Edward Timothy Razzall on its board of directors. Lord Razzall is a member of the British Parliament’ House of Lords and a Commander of the British Empire (CBE). Baron Razzall has been co-chair of the Liberal Democrat Parliamentary Committee on Business, Innovation and Science. He has over 35 years’ corporate finance experience and has developed a reputation for his expertise in multinational and cross border transactions. He was until recently the Liberal Democrat spokesman on Trade and industry and he’s now the Lords spokesman for manufacturing. He is currently Co-Chair of the Liberal Democrat Parliamentary Party Committee on Business, Innovation and Skills. Lord Razzall studied at Oxford University and qualified as a solicitor in 1969. ZeU expect to leverage Tim’s experience and interest in regulations, governance, monetary policies, intellectual property and corporate finance to its advantage.

ON BEHALF OF THE BOARD OF DIRECTORS

“Frank Dumas”

FRANK DUMAS, PRESIDENT & CEO

About St-Georges

St-Georges is developing new technologies to solve the some of the most common environmental problems in the mining industry.

The Company controls directly or indirectly, through rights of first refusal, all of the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & for industrial minerals on Quebec’s North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi region. Headquartered in Montreal, St-Georges’ stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1.

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

Tetra Bio-Pharma $TBP.ca Added to Leading #Cannabis ETF: Horizons Marijuana Life Sciences Index $HMMJ.ca

Posted by AGORACOM-JC at 8:23 AM on Tuesday, March 20th, 2018

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  • Announced that it has been added to the Horizons Marijuana Life Sciences Index (HMMJ) managed by Horizons ETFs Management (Canada) Inc.
  • HMMJ was the first and is the world’s largest ETF offering direct exposure to North American-listed securities that are involved with marijuana bioengineering and production

OTTAWA, ONTARIO–(March 20, 2018) – Tetra Bio-Pharma Inc. (“Tetra” or the “Company“) (TSX VENTURE:TBP)(OTCQB:TBPMF), a global leader in cannabinoid-based drug development and discovery, is pleased to announce that it has been added to the Horizons Marijuana Life Sciences Index (HMMJ) managed by Horizons ETFs Management (Canada) Inc.

HMMJ was the first and is the world’s largest ETF offering direct exposure to North American-listed securities that are involved with marijuana bioengineering and production. The HMMJ portfolio recently expanded to include ten new constituents, including Tetra.

“This is a very positive sign for our shareholders,” says Bernard Fortier, CEO of Tetra. “Having Horizons trusting us after completing a $11.5 million bought deal and in the process of a $ 4.5 million private placement is a strong message of confidence. Our clinical approach and pipe-line of products are unique and being added to this index reinforces the credibility of our approach to the financial community.”

HMMJ is an index (or passively managed) ETF, which seeks to replicate, to the extent possible, the performance of the North American Marijuana Index (the “Index”), net of expenses. The Index is designed to provide exposure to the performance of a basket of North American publicly listed life sciences companies with significant business activities in the marijuana industry. The Index selects from a current universe of companies that have operations that may include one or more of biopharmaceuticals, medical manufacturing, distribution, bio-products and other ancillary businesses related to the marijuana industry.

More info on: https://www.horizonsetfs.com/news/Press-Release/Horizons-ETFs-Completes-Rebalance-of-its-Marijuana

About Tetra Bio-Pharma:

Tetra Bio-Pharma (TSX VENTURE:TBP)(OTCQB:TBPMF) is a biopharmaceutical leader in cannabinoid-based drug discovery and clinical development. Tetra is focusing on three core business pillars: clinical research, pharmaceutical promotion and retail commercialization of cannabinoid-based products.

More information at: www.tetrabiopharma.com

Source: Tetra Bio-Pharma

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.

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 Corporation 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 Corporation’s ability to control or predict, that may cause the actual results of the Corporation 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 failure to obtain sufficient financing to execute the Corporation’s business plan; the success of the Rx Princeps product offering and inhalation device; guidance on expected sales volumes associated with the Rx Princeps product offering and inhalation device; competition; regulation and anticipated and unanticipated costs and delays, and other risks disclosed in the Corporation’s public disclosure record on file with the relevant securities regulatory authorities. Although the Corporation has attempted to identify important factors that could cause actual results or events to differ materially from those described in forward-looking statements, there may be other factors that cause results or events not to be as anticipated, estimated or intended. Readers should not place undue reliance on forward-looking statements. The forward-looking statements included in this news release are made as of the date of this news release and the Corporation does not undertake an obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities legislation.

Tetra Bio-Pharma Inc.
Dr. Anne-Sophie Courtois, DVM
Vice President, Marketing & Communications
(438) 899-7575

For investors information, please contact:
[email protected]
(438) 504-5784

Esports Entertainment Group $GMBL Announces The Launch Of VIE.GG, The World’s Safest, Most Secure and Transparent #Esports #Wagering Platform $ATVI $TTWO $GAME $EPY.ca

Posted by AGORACOM-JC at 8:12 AM on Tuesday, March 20th, 2018

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  • Announced the launch of VIE  (https://vie.gg)
  • World’s safest, most secure and transparent esports wagering platform
  • bet exchange model provides for player versus player betting (PVP) with the house taking a small percentage of each wager
  • PVP model means a VIE player always wins and the Company removes all risk, creating a win-win for players and the Company

ST. MARY’S, ANTIGUA, March 20, 2018 — Esports Entertainment Group, Inc. (OTCQB:GMBL) (or the “Company”), a licensed online gambling company with a specific focus on esports wagering and 18+ gaming, is pleased to announce the launch of VIE  (https://vie.gg)  the world’s safest, most secure and transparent esports wagering platform.

VIE offers bet exchange style wagering on esports events in a licensed, regulated and secured platform to the global esports audience, excluding jurisdictions such as the USA that prohibit online gambling. The bet exchange model provides for player versus player betting (PVP) with the house taking a small percentage of each wager, as opposed to a sports book model that pits the player versus the house. Our PVP model means a VIE player always wins and the Company removes all risk, creating a win-win for our players and the Company.

The launch of VIE follows months of extensive, final financial compliance with applicable regulators, financial institutions and payment processors, as well as, beta testing that provided the Company with valuable feedback from esports enthusiasts around the world. VIE features wagering on the following esports games:

    • Counter-Strike: Global Offensive (CSGO)
    • Dota 2
    • Call of Duty
    • Hearthstone
    • StarCraft II

LAUNCH ROLL-OUT INCLUDES OVER 60 AFFILIATE STREAMERS AND WORLD LEADING SUPER AFFILIATE

A core element of the Company’s customer acquisition strategy is an affiliate program powered by Income Access, which won eGaming Review’s B2B Award for ‘Affiliate Software’ four years in a row. Income Access has been fully integrated into VIE to manage our affiliate program, which has received attention far beyond Company expectations to this point.

On September 6, 2017, the Company announced the signing of over 60 affiliate esports streamers at gamescom 2017, representing an audience of esports viewers which collectively generated over 250 million online video views in the preceding 30 days.

Some affiliates have already commenced the onboarding process, with the majority expected to be completed over the next 45 days. At that time, VIE will launch a contest for its affiliates that will feature significant prizes and rewards throughout 2018 to further incentivize registrations.  Moreover, with VIE now officially launched, the Company expects strong continual registrations of new affiliates throughout 2018 and beyond.

Grant Johnson, CEO of Esports Entertainment Group stated “Today marks a major milestone for Esports Entertainment Group, our investors and the entire esports industry.  With esports experiencing rapid global growth and set to hit mainstream sports in 2018 with the launch of initiatives such as NBA 2K later this year, esports fans have told us loud and clear that they want a licensed, secure and transparent wagering platform to augment their experience.  We are thrilled to launch and deliver VIE to them at this great time for esports.”
During the rollout, the Company expects to announce significant new features, including the addition of multiple languages such as Spanish and Russian next month and further additional languages until all the major languages of global esports enthusiasts are serviced.

This press release is available on our Online Investor Relations Community for shareholders and potential shareholders to ask questions, receive answers and collaborate with management in a fully moderated forum at https://agoracom.com/ir/EsportsEntertainmentGroup

About Esports Entertainment Group

Esports Entertainment Group Inc. is a licensed online gambling company with a specific focus on esports wagering and 18+ gaming. Initially, Esports Entertainment intends to offer bet exchange style wagering on esports events in a licensed, regulated and secured platform to the global esports audience, excluding the US and EU. In addition, Esports Entertainment intends to offer users from around the world the ability to participate in multi-player mobile and PC video game tournaments for cash prizes. Esports Entertainment is led by a team of industry professionals and technical experts from the online gambling and the video game industries, and esports. The Company holds licenses to conduct online gambling and 18+ gaming on a global basis, excluding the US and EU, in Curacao, Kingdom of the Netherlands and the Kahnawake Gaming Commission in Canada. The Company maintains offices in Antigua and  Poland. Esports Entertainment common stock is listed on the OTCQB under the symbol GMBL.  For more information visit www.esportsentertainmentgroup.com
.
FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Corporate Finance Inquiries
Stephen Cotugno
Vice President, Corporate Development
[email protected]
201-220-5745

Investor Relations Inquiries
AGORACOM 
[email protected]
http://agoracom.com/ir/eSportsEntertainmentGroup

 

$GR.ca Great Atlantic Completed Final Payment on Its 100% owned Keymet Precious – Base Metal Property, Bathurst, New Brunswick

Posted by AGORACOM at 8:00 AM on Tuesday, March 20th, 2018

  • Final option payment for its Keymet Precious – Base Metal Property, located near Bathurst, northeast New Brunswick
  • Seven vein occurrences with lead, zinc and +/- copper, silver and gold are reported in this region of the property
  • The Keymet Property is approximately 4 km north of the historic Nigadoo River Mine of which copper, lead, zinc and silver production from polymetallic veins occurred during the 1960s – 1970s.

Vancouver, British Columbia (FSCwire)GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has made the final option payment for its Keymet Precious – Base Metal Property, located near Bathurst, northeast New Brunswick. The property is reported to host numerous base metal – precious metal bearing veins including the historic Keymet Mine. The Company recently intersected mineralized veins northwest of the historic Keymet Mine including an intersection of 18.80% Zn, 3.55% Cu, 1.16 % Pb and 576 grams / tonne (g/t) Ag over 1.27 meters core length in a newly discovered vein and 3.54% Zn, 0.92% Cu and 115 g/t Ag over 12.05 meter core length plus 0.64 g/t Au over 19.96 meter core length in a newly discovered gold bearing zone (News Releases of December 20, 2017 and March 2, 2018). The Keymet Property is approximately 4 km north of the historic Nigadoo River Mine of which copper, lead, zinc and silver production from polymetallic veins occurred during the 1960s – 1970s.

To view the graphic in its original size, please click here

 

The Company’s focus since acquiring the Keymet Property has been the northwest region of the property. At least seven vein occurrences with lead, zinc and +/- copper, silver and gold are reported in this region of the property in addition to the polymetallic veins reported at the historic Keymet Mine (source: New Brunswick Dept. of Energy and Resource Development Mineral Occurrence Database). The Keymet Mine operated during the mid-1950s, producing copper, lead, zinc and silver.  Production at this mine was terminated due to a fire at the site.

Great Atlantic has explored two of these vein occurrences, the Elmtree 12 and Elmtree Silver Mine veins and adjacent areas, northwest of the historic Keymet Mine. A 20 meter deep shaft is reported at the Elmtree Silver Mine vein. A Qualified Person has located this shaft for Great Atlantic. Great Atlantic has intersected copper, lead, zinc and silver bearing veins at both the Elmtree 12 and Elmtree Silver Mine vein occurrences during 2015 and 2017 diamond drilling programs (9 total holes) with more significant results at the Elmtree 12 vein occurrence. Trenching at the Elmtree 12 vein occurrence also exposed such polymetallic veins. Gold mineralization was also locally intersected in host meta-sedimentary rocks in the general area of the Elmtree 12 vein occurrence. Highlights of this work included (as reported in News Releases of October 29, 2015, February 23, 2016, December 20, 2017 and March 2, 2018):

  • Ky-15-3 (Elmtree 12): 16.68% Zn, 1.11% Cu & 152 g/t Ag over 1.80 meter core length.
  • Ky-15-4 (Elmtree 12):  8.68% Zn, 0.29% Cu & 44.8 g/t Ag over 4.28 meter core length.
  • Ky-17-5 (Elmtree 12): 13.65% Zn, 1.20% Cu, 0.45% Pb & 166 g/t Ag over 0.80 meter core length.
  • Ky-17-6 (Elmtree 12): 3.54% Zn, 0.92% Cu, 0.28% Pb & 115.6 g/t Ag over 12.05 meter core length & 0.64 g/t Au over 19.96 meter core length (newly discovered gold bearing zone).
  • Ky-17-8: 18.80% Zn, 3.55% Cu, 1.16% Pb & 576 g/t Au over 1.27 meter core length (newly discovered polymetallic vein southwest of Elmtree 12 vein system).
  • 1.11 g/t Au over 4.9 meters in trench channel samples (vertically above drill hole Ky-17-8).

 

Polymetallic vein in Ky-15-4 (8.68% Zn, 0.29% Cu & 44.8 g/t Ag over 4.28 meter core length)

To view the graphic in its original size, please click here

 

Polymetallic Vein in Ky-17-6 (3.54% Zn, 0.92% Cu, 0.28% Pb & 115.6 g/t Ag over 12.05 meter core length)

To view the graphic in its original size, please click here

 

Polymetallic Vein material in Ky-17-8 (18.80% Zn, 3.55% Cu, 1.16% Pb & 576 g/t Ag over 1.27 meter core length (new discovery in 2017)

To view the graphic in its original size, please click here

 

To view the graphic in its original size, please click here

 

 

Copper, Zinc & Silver bearing vein in 2015 Trench (Elmtree 12 Vein System)

To view the graphic in its original size, please click here

 

A Qualified Person has verified this 2015 and 2017 exploration data for Great Atlantic. The Qualified Person managed the 2015 and 2017 exploration programs for Great Atlantic at the Keymet Property. True thickness of these intersections is unknown at this time.

Diamond drilling to date by the Company has been shallow with all but one hole less than 100 meter vertical depth and one hole to approximately 170 meter vertical depth. Planned 2018 diamond drilling will test both the Elmtree 12 vein system and newly discovered vein in Ky-17-8 along strike and at depth. -Drilling is also planned to test the continuation of the newly discovered gold zone intersected in hole Ky-17-6.

Arsenopyrite bearing metasediment boulder samples collected by Company prospectors in 2011 approximately 1.5 km northwest of the historic Keymet Mine were reported to return up to 51 g/t Au (News Release of March 2, 2012). A Qualified Person has not verified this sample data. This is the general area of the Elmtree 12 vein occurrence.

Additional gold occurrences are reported within the Keymet Property as per the New Brunswick Dept. of Energy and Resource Development Mineral Occurrence Database.  Two of these gold occurrences are reported in the east region of the Keymet Property.  Another gold occurrence, referred to as the Alcida East occurrence, is reported in the west region of the property. Historic samples from the Alcida East occurrence are reported up to 4.3 g/t Au. Two additional gold occurrences are reported near the west boundary of the property, possibly being west of the Keymet Property. A Qualified Person has not verified any of these gold occurrences. The Company’s focus to data has been the northwest area of the property, northwest of the historic Keymet Mine

Significant precious metal – base metals deposits are reported within 4 km of the Keymet Property. The Elmtree gold deposits are located within 3 km west-southwest of the Keymet Property. A historic mineral resource estimate for the Elmtree gold deposits was reported in 2011 with 294,000 ounces of gold in the indicated + inferred categories reported (0.5 g/t Au cutoff) (source: Murahwi, et al., effective date March 4, 2011 for Micon International Limited, CNRP Mining Inc. and Gorilla Resources Corp.).

The historic Nigadoo River Mine is located approximately 4 km south of the Keymet Property. Polymetallic massive sulfide veins were mined at the Nigadoo River Mine during the 1960s and 1970s with copper, lead, zinc and silver being produced. The N.B Dept. of Energy and Resource Development Mineral Occurrence Database reports shaft depth and production totals at this historic mine. Production during 1967 – 1971 is reported as 1.126 million tonnes at 2.2% Pb, 2.1% Zn, 0.24% Cu and 92.57 g/t Ag. Production during 1973 – 1977 (after a 2 year closure) is reported to be 0.733 million tonnes (only partial metal grades reported). The shaft is reported to at least 470 meter depth.

Readers are warned that mineralization at the Elmtree gold deposits and historic Nigadoo Brook Mine is not necessarily indicative of mineralization on the Keymet Property.

Access to the Keymet Property is excellent with paved roads transecting the property, including a provincial highway. The property covers an area of approximately 3,400 hectares.

 

Historic Keymet Mine (1950s)

To view the graphic in its original size, please click here

 

Readers are warned that historical records referred to in this News Release have been examined but not verified by a Qualified Person. Further work is required to verify that historical records referred to in this News Release are accurate.

David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and VP Exploration for Great Atlantic, is responsible for the technical information contained in this News Release.

About Great Atlantic Resources Corp.: Great Atlantic Resources Corp. is a Canadian exploration company focused on the discovery and development of mineral assets in the resource-rich and sovereign risk-free realm of Atlantic Canada, one of the number one mining regions of the world. Great Atlantic is currently surging forward building the company utilizing a Project Generation model, with a special focus on the most critical elements on the planet that are prominent in Atlantic Canada, Antimony, Tungsten and Gold.

On Behalf of the board of directors

“Christopher R Anderson”

Mr. Christopher R Anderson  “ Always be positive, strive for solutions, and never give up ”

President CEO Director

604-488-3900 – Dir