Namaste Announces Commercialization of Grizzly Guru Vaporizer
Namaste Announces Commercialization of Grizzly Guru Vaporizer
– Momentum Public Relations –
Press Release: May 30, 2016
Namaste Technologies Inc. (CSE:N)(OTC PINK:NXTTF)(FRANKFURT:M5BQ) reports the launching of the Gurutm vaporizer, a handheld portable vaporizer that provides a seamless solution for vaporizing dry herbs, concentrates and liquids. The Gurutm will be manufactured by Grizzly Originals, the wholly owned manufacturing division of the Company. The Gurutm will be distributed through the Company’s sales divisions including NamasteVapes for e-commerce retail sales and its recently established wholesale division will manage sales to physical retail outlets.
The value enhancing attributes of the Gurutm include:
- Unique modular design with attachments that convert between a ceramic chamber for dry herbs and atomizer tanks for concentrates and liquids
- Works with all forms of herbal consumables
- Highly attractive and competitive pricing
- Glass and ceramic vapor paths
- Fully digital temperature control
- Lithium-ion extended life battery
- Full compatibility with accessories
To view Figure 1 (Fig 1.0 The Gurutm & Applications), click on the following link: http://media3.marketwire.com/docs/may{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}2030{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}20figure{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}201.jpg
The Gurutm has been designed to address significant gaps in the market. This product is the first fully effective and easily operable device for the vaporization of all types of dry herbs, concentrates, and liquids. The Gurutm will be produced at a cost that provides attractive gross margins for the Company as well as wholesale distributors, brick-and-mortar retail locations and e-commerce companies.
Management Commentary
Mr. Sean Dollinger, CEO of Namaste, comments: “The commercialization of the Gurutm demonstrates the vision of management to design, develop and commercialize products that address unserved market needs and generate strong gross margins. This aligns with the integration of our business model that allows Namaste immediate access to global sales channels. I am proud to say that the introduction of the Gurutm to the market represents a significant step towards the realization of our vision. I would also like to thank our product development team led by my long-time business partner and Co-founder of Namaste, Kory Zelickson, for their commitment to excellence and market leading innovation.”
To view Figure 1 (Fig 2.0 The Gurutm & Attachments), click on the following link: http://media3.marketwire.com/docs/may{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}2030{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}20figure{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}202.jpg
About Namaste Technologies Inc.
Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has over 30 e-commerce retail stores in 20 countries, offers the largest range of brand name vaporizers products on the market and is actively manufacturing and launching multiple unique proprietary products for retail and wholesale distribution. The Company is currently focused on expanding its product offering, acquisitions and strategic partnerships, and entering new markets globally.
On behalf of the Board of Directors
Sean Dollinger, Chief Executive Officer
Learn more by clicking here: www.namastetechnologies.com
- Published in Life Sciences, Namaste Technologies, News Home
Sage Gold Inc. Updates Private Placement
Sage Gold Inc. Updates Private Placement
– Momentum Public Relations –
Press Release: May 26, 2016
Sage Gold Inc. (TSX VENTURE:SGX) is pleased to announce that, further to its press release dated May 11, 2016, it plans to close the second and final tranche of its non-brokered private placement (the “Offering“). The Company will be issuing up to 5,000,000 Units at a price of $0.05 per Unit for gross proceeds of up to $250,000. Each unit will consist of one common share of the Corporation (a “Common Share”) plus one half (1/2) Common Share purchase warrant (a “Warrant”). Each full Warrant entitles its holder to purchase one Common Share (a “Warrant Share”) at an exercise price of $0.10 for a period of 24 months following the Closing Date, whereupon the Warrants will expire. The Offering remains subject to final TSX Venture Exchange approval.
The securities issued pursuant to the Offering will be subject to a four (4) month and one (1) day statutory hold period. In connection with the Offering, a finder’s fee of up to 8{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} will be paid in cash to certain eligible finders. The Corporation intends to use the net proceeds from the Offering for general working capital purposes.
If the Corporation’s shares trade at or above $0.20 per share for 20 consecutive trading days, the Corporation may, at any time after the expiry of the statutory hold period, accelerate the expiration of the Warrants upon not less than 30 days written notice by the Corporation, and thereafter repurchase any unexercised Warrants at $0.001 per underlying common share.
About Sage Gold
The Company is a mineral exploration and development company which has primary interests in near-term production and exploration properties in Ontario. Its main properties are the Clavos Gold property in Timmins and the 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} polymetallic owned Lynx property and other exploration properties in the Beardmore-Geraldton Gold Camp. Technical reports and information relating to the properties can be obtained from the System for Electronic Document Analysis and Retrieval (SEDAR) website at www.sedar.com and www.sagegoldinc.com.
Fairmont Announces Rome Lithium Property Option
Fairmont Announces Rome Lithium Property Option and Online Marketing and Awareness Program
– Momentum Public Relations –
Fairmont Resources Inc. (TSX VENTURE:FMR) (“Fairmont”) announces that, subject to TSX Venture Exchange approval, it has negotiated an option agreement with a Quebec prospector (the “Optionor”) to acquire a 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} interest in the Rome Lithium property, near Val d’Or, Quebec (the “Property”). Accordingly, Fairmont (the “Optionee”) will issue to the Optionor 500,000 shares upon TSX approval and paid the Optionor $25,000 upon a future successful financing.
In order to exercise the balance of the option, Fairmont will be required to (i) issue 500,000 shares on or before the 6 month anniversary of the TSX Venture approval date; (ii) issue 500,000 shares on or before the 12 month anniversary of the TSX Venture approval date; and (iii) incur $150,000 of exploration expenditures within 36 months, $50,000 within the first 12 months after the TSX approval date. The Property will be subject to a 2{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Production Royalty per tonne. The Optionee may purchase one half of the Production Royalty (1{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}) for one million dollars (Canadian) at any time.
The Rome Lithium property is located approximately 60 km north of Val d’Or Quebec.
The property is contiguous to the north and south of RB Energy’s Quebec Lithium Mine with a published measured and indicated resources (at a 0.60{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Li2O cutoff) of 41,556,000 tonnes at 1.09{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Li2O, and an inferred resource of (at a 0.60{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Li20 cutoff) of 17,766,000 million tonnes at 1.10{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Li2O (RB Energy Press Release of October 11, 2012).
The property is also contiguous to Jourdan Resources Vallee Lithium property that drilled more than 4000m of core in 2011 and intersected more 100 pegmatite and aplite dikes. Jourdan Resources intersected values of up to 1.187{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Li2O over 5.50m (Jourdan Resources Press Release of October 24, 2012).
This option is subject to TSX Venture Exchange approval.
Fairmont Launches AGORACOM Online Marketing and Awareness Program
Fairmont is also pleased to announce that it is implementing an online marketing and awareness program through AGORACOM.
The Company will receive significant exposure through millions of content brand insertions on the AGORACOM network and extensive search engine marketing over the next 12 months. In addition, exclusive sponsorships of invaluable digital properties such as AGORACOM TV, the AGORACOM home page and the AGORACOM Twitter account will serve to significantly raise the brand awareness of the Company among small cap investors.
Fairmont’s President and CEO Michael Dehn stated, “AGORACOM Has proven to be a leader in the online marketing space. We are delighted to have retained their services to expand our online presence.”
Shares for Services Program
Fairmont intends to issue shares for services to AGORACOM in exchange for the online advertising, marketing and branding services (“Advertising Services”). Pursuant to the terms of the agreement, the company will be issuing:
- $10,000 + HST Shares For Services April 30, 2016 for prior preparation of program
- $10,000 + HST Shares For Advertising Services at end of Third Month July 15, 2016
- $10,000 + HST Shares For Advertising Services at end of Sixth Month October 15, 2016
- $10,000 + HST Shares For Advertising Services at end of Ninth Month January 15, 2017
- $8,800 + HST Shares For Advertising Services at end of Twelfth Month April 15, 2017
The number of shares to be issued at the end of each period will be determined by using the closing price of the Shares of Fairmont on the TSX Venture Exchange on the first trading day following each period for which the Advertising Services were provided by AGORACOM.
The agreement/arrangement is subject to TSX Venture Exchange approval.
The term of the Agreement is for 12 months effective immediately. Fairmont will issue a press release after the issuance of shares under the terms of the agreement.
About AGORACOM
AGORACOM is the pioneer of online investor relations, online conferences and online branding services to North American small and mid-cap public companies, with more than 250 companies served. More than just lip service, AGORACOM is the home of more than 808K investors that visited 5.6 million times and read 52.4 million pages of information every year (Average 2008 – 2015).
AGORACOM traffic ranks within the top 0.5{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of all websites around the world. These traffic results are independently tracked and verified by Google analytics. AGORACOM traffic can be attributed to its strategy of maintaining the cleanest, moderated small-cap discussion as a result of implementing the first ever Investor Controlled Stock Discussion Forums.
AGORACOM Founder, George Tsiolis, publishes the leading blog on small to mid-cap investor relations. His 50 Small-Cap CEO Lessons are a must read for CEO’s looking to increase their education and knowledge about online investor relations.
About Fairmont
Fairmont Resources Inc. is a rapidly growing industrial mineral and dimensional stone company trading on the Toronto Venture Exchange symbol FMR.
Fairmont’s Quebec properties cover numerous occurrences of high-grade titaniferous magnetite with vanadium, with the Buttercup property having a permit to quarry dense aggregate. Where these occurrences have been tested they have display exceptional uniformity with respect to grade. Fairmont also controls three quartz/quartzite properties, with the Forestville property having independent end user testing confirming the suitability of quartzite from Forestville for Ferro Silicon production. Fairmont is also in the process of acquiring the assets of Granitos de Badajoz (GRABASA) in Spain which includes 23 quarries and a 40,000 square metre granite finishing facility that has produced finished granite installed across Europe.
- Published in Fairmont Resources, Mining, News Home
Equitas Resources Corp. Begins Drilling and Trenching at the Cajueiro Gold Project
Equitas Resources Corp. Begins Drilling and Trenching at the Cajueiro Gold Project
– Momentum Public Relation – May 26th, 2016
Equitas Resources Corp. (“Equitas” or the “Company”) (TSXV: EQT) (US: EQTRF) (Frankfurt: T6UN) is pleased to announce that drilling has commenced on the Baldo Zone (“Baldo”) of its 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}-owned Cajueiro Gold Project (“Cajueiro”) in Central Brazil.
To view the graphic in its original size, please click here
The exploration program is the first phase of an extensive 2016 work schedule at Cajueiro and is focused on defining additional gold resource in the near-surface saprolite oxide domain along a highly prospective mineralized structural corridor. The program has been designed to increase resources at Cajuiero and provide further information to support open pit development.
Exploration Program Outline
The exploration program will consist of 20 HQ diamond drill holes totaling 1600m and 700m of trenching, targeted on a 650m strike length of mineralized corridor at the Baldo Zone. The trenching program initiated on May 11. Layne Do Brasil Sondagens Ltda. has been awarded the drilling contract. Two track-mounted rigs, a CS-1000\10 and CS-1500, commenced operations on May 20, and drilling and trenching is expected to be completed within a month.
Potential for Resource Upgrade
The Baldo zone currently hosts an Inferred Resource of 309,000 tonnes grading 3.029 g/t Au (Gustavson, 2016) in the oxidized saprolite. Previous exploration results reveal strong potential for resource upgrade in this target domain.
The 2016 exploration program has been designed to follow on previously reported sampling results which include grades of 5.77 g/t Au (RR1BDO, Figure 2) and 87.2 g/t Au (RCF1BDO, Figure 2) achieved from two 1-tonne composite surface samples of oxidized saprolite along the targeted corridor. The single drill hole completed to date on this structure targeted the extreme southwestern end, and intersected a core interval in the sulphide bedrock grading 1.48 g/t Au over 29.85m (DDH-055, Figure 2). In general the oxidized saprolite component of the mineralization contains significant enrichment in gold grades compared to the bedrock sulphide domain.
Surface sampling spread across the Baldo zone has returned significant gold values. Thirty four grab samples of saprolite returned values ranging between 0.01 g/t Au to 118.47 g/t Au, with 20 samples returning values > 0.5 g/t Au, and an average for the thirty four samples of 14.67 g/t Au. Additionally, a 100 kg sample of saprolite taken from the southern Baldo target area for metallurgical testing yielded a head grade of 8.9 g/t Au (Met Test, Figure 2).
Results to date at Baldo underscore the potential for delineation of significant high-value material amenable to open-pit mining methods. The oxidized saprolite can be extracted without the necessity for drilling and blasting, potentially resulting in very low-cost mining operations.
Results of previous work are summarised in Figure 2 below:
To view the graphic in its original size, please click here
The drilling and trenching program plan, designed to evaluate a 650m strike length of the mineralized structural corridor, is outlined in Figure 3 below:
To view the graphic in its original size, please click here
Cajueiro Project
Cajueiro Project is located in Central Brazil within Mato Grosso and Para states. The project encompasses 39,053 hectares and is located 95 kilometers north of the city of Alta Floresta.
The NI 43-101 Technical Report on Resources (Gustavson, 2016) for Cajueiro documents an Indicated Mineral Resource of 8.636 million tonnes containing 214,100 ounces of gold at 0.771 g/t (sulphide bedrock domain); an Inferred Mineral Resource of 9.526 million tonnes containing 203,500 ounces of gold at 0.664 g/t (sulphide bedrock domain), and an Inferred Mineral Resource of 1.374 million tonnes containing 78,400 ounces of gold at 1.775 g/t (oxide saprolite domain).
NI 43-101 Disclosure
Everett Makela, P. Geo., VP Exploration for Equitas Resources Corp., a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the technical information in this news release.
- Published in Equitas Resources, Mining, News Home
Puma Begins Drilling Operations at Turgeon Cu-Zn VMS Project in New Brunswick, Canada
Puma Begins Drilling Operations at Turgeon Cu-Zn VMS Project in New Brunswick, Canada
– Momentum Public Relations –
Press Release: May 25, 2016
Puma Exploration (TSX VENTURE:PUM)(SSE:PUMA) is pleased to announce the beginning of the drilling program (2,000 meters) design to test the first priority targets defined from the recent ground geophysical survey (IP) carried out on the Turgeon Cu-Zn VMS project in northern New Brunswick.
The survey revealed five (5) first priority untested target anomalies along the favourable horizon and also on new zones never tested. One of those represents a potential major VMS anomaly of a size of 350 meters by 350 meters, open at depth and along strike, located on the extension of the main Dragon hydrothermal alteration zone.
The Dragon Zone was discovered in late-2013, approximately 200 meters south of the main Powerline and Zinc Zones. Drillhole FT13-13 intersected 4 meters of massive sulphides grading 1.01{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Cu and 0.78{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Zn (press release 29\04\2014). The autumn 2014 drill program included a massive sulphide intercept grading 5.66{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Zn, 0.38{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Cu and 2.3 g/t Ag over 6.8 metres starting downhole at 219.1 meters and including 10.05{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Zn and 0.23{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Cu over 2.7 metres in Drillhole FT14-05 (press release 25/02/2015). The surface expression of the Dragon zone is 300 meters long by 75 meters wide within the favorable corridor that extends for at least 2km along strike in each direction from the Dragon zone.
“We are very excited to launch our drilling program at Turgeon. With the targets defined by the OreVision IP survey which identified major untested targets in the favorable horizon, added to the other anomalies defined by the Magnetic, EM and Geochemistry surveys pointing out in the same area.” Notes Marcel Robillard, President of Puma Exploration.
2016 Summer Exploration Program and Corporate Strategy
Puma will maintain his focus in the prolific Bathurst Mining Camp of New Brunswick, Canada. The Bathurst Mining Camp, famous for its Giant Brunswick 12# Mine, host significant resources that are near surface and within close proximity to all infrastructure’s needed for mines development within established Canadian mining jurisdictions. With the recent acquisition of the Red Brook, high grade zinc property, Puma is strengthening his high quality base metal projects in his portfolio. Both, Turgeon (Zn-Cu) and Red Brook (Zn) properties will get the most field exploration effort during the summer program. In this manner, Puma drops the option agreement on the Pabineau and Benjamin Projects to concentrate effort core business properties.
Red Brook (Zn Skarn)
Red Brook was acquired from a local prospector’s following his recent discovery of high grade Zinc Massive Sulphide outcrop grading up to 13{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Zn, 0.23{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Cu and 2.5g/t Ag. The initial excavated, 40 meters by 15 meters area, also contains a Gold and Copper zone grading up-to 1.3 g/t Au and 0.53{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Cu (see News 19/01/2016). The mineralization is open in all directions. Currently, the planned work will consist of compiling previous work to define additional trenching and diamond drilling targets. The compilation is done and the field work will start after the drilling program at Turgeon.
Ann’s Creek (Ag-Au-Zn-Pb lenses)
The Property consists of a 15 km long by 1.5 km wide Rocky Brook mineralized corridor adjacent and spatially related with the large 4 km diameter Nicholas-Denys porphyry intrusion. The Rocky Brook Corridor is a major mineralized structure which contains the main silver-gold-lead-zinc lenses centered on the Rocky-Brook-Millstream fault which is interpreted to have played a major role in the enrichment of the mineralized lenses. These mineralized lenses, namely Haché, Shaft, Henry, Henry East, Half Mile and Pine Tree are spread over a distance of 6 kilometers and have received very little advanced exploration work exception of the Haché Lens. 3D modelling focusing on the high grade portions of the Haché lens containing at least 300 g/t Ag (10 oz/t) is done and Puma is currently evaluating different scenario’s to develop and benefit from this outcropping high grade Ag-Au-Zn-Pb Haché lens.
Beresford Copper (Cu-Mo Porphyry)
The Beresford Copper Project consists of three genetically and spatially related plays: the large 4 km diameter Nicholas-Denys porphyry intrusion, the adjacent 10 km long Main Fault zone including the skarn horizon and, about 1 km to the southeast, the parallel 10 km long Rocky Brook mineralized Ag-Pb-Zn fault corridor. In 2014, continuous molybdenum, copper and silver mineralization and alteration were intersected over 486.4 meters representing the first discovery of a significant Mo-Cu Porphyry system in New Brunswick. Also, pervasive breccia and stockwork mineralization typically associated with large porphyry systems were drilled.
Ten (10) first priority IP targets remain to be drilled. Holes FND14-01 and FND14-02 are located on the northwestern boundary of the 4km diameter ND granodiorite intrusion at the terminus of a NW-SE trending 1km wide by 5 km long fairway defined by drillholes, mineralized trenches and prominent Induced Polarization (“IP”) and magnetic anomalies. The mineralized Beresford copper-iron skarn zone occurs at the opposite, southeastern terminus of the fairway. Puma is currently looking strategic partnership to explore and develop the Nicholas-Denys Porphyry system.
About Puma Exploration
Puma Exploration is a Canadian mineral exploration company with advanced precious and base metals projects in Canada. The Company’s major assets are the Nicholas-Denys Project and the Turgeon Copper Project in New Brunswick and the Little Stull Lake Gold Project in Manitoba. Puma is focusing now its exploration efforts in New Brunswick, Canada.
Puma would also like to announce its new Mobile App is now available on Android and Apple smartphone’s. You can download the App by searching for Puma Exploration.
Learn more by clicking here: www.pumaexploration.com
- Published in Mining, News Home, Puma Exploration
IWS Featured on CNN Money
International Wastewater Systems (IWS:CSE) Featured on CNN Money
– Momentum Public Relations –
CNN Money, the world’s largest business news site, recently interviewed Lynn Mueller, CEO of International Wastewater Systems Inc.
The feature interview highlights key components of International Wastewater’s proprietary technology and outlines how the company’s solutions are being installed in a variety of locations around the world.
“We quickly went from being a local, small company to a worldwide operation. We’ve seen markets around the world demanding the product,” Mueller said, adding that his company has an additional $80 million worth of projects in the works.
The link below features the full article on CNN Money by reporter Jacqueline Wattles.
Mr. Mueller believes that the most pressing global challenge of our generation is the need for everyone on the planet to reduce the energy wastage and minimize carbon output. IWS has responded to the need by developing easy to use technology that recovers heat from waste water.
IWS has been able to form alliances with some of the world’s leading water companies as a result of the quality of its products and ease of the application of its technology. The company has recently updated its pipeline of projects, including the upcoming installation of a SHARC wastewater heat recovery system at a facility operated by the Australian Wool Testing Authority in Melbourne, Australia.
IWS continues to work in close collaboration with some of the world’s major water utility companies in North America and Europe, many of whom are interested in supporting the deployment of IWS technology across their waste water infrastructure. The goal is to contribute to the international carbon reduction program enshrined at the 2015 United Nations Convention on Climate Change in Paris (COP21).
Commenting on the technology, Alex Mortlock, Strategic Planning Manager-Wastewater Infrastructure for Severn Trent (a FTSE 100 Company with wastewater operations in the UK and internationally) said: “having been introduced to SHARC technology during the second half of 2015, we are keen to explore the opportunity that IWS could create for us through their SHARC and PIRANHA technologies. We are currently reviewing the suitability of SHARC for use on one of our own buildings and will be investigating further opportunities to utilize the sewage flow contained in our 91,000 kilometers of sewers.”
Despite its success so far, IWS still faces the challenge of converting the established thinking of combustion based heating engineers. However, with the support of a number of UK and EU water companies, the company is being asked to respond to inquiries from single building adopters as well as developers looking to include low carbon district heating solutions into their project plans.
The UK’s first sewage to heat operation at Borders College in Galashiels, Scotland is an excellent example of how water resources can be harnessed and maximized. The IWS technology was launched in December 2015 and has enabled IWS to showcase the credentials of the SHARC technology. It functions using a 1 km underground heat distribution network, retrofitted to older building stock, and demonstrates how the system can link into town sewer facilities, significantly increasing the market opportunity to heat buildings with limited water consumption.
Scottish Water Horizons has indicated that it is very pleased with the results so far and is looking forward to ongoing environmental and heating cost benefits.
Alan Scott, Finance Director of Scottish Water, says; “this initiative builds on our work to use Scotland’s water resources to help generate renewable energy, through the likes of hydro power schemes, helping to reduce costs and build an increasingly sustainable Scotland.”
IWS is working to capitalize on the many global opportunities that are available by building the strategic relationships necessary for the future success of its solutions.
- Published in Blog, Business, Green Technology, International Wastewater Systems, News Home, Technology
Fairmont holder Eickmeier now holds 11.18 of shares
Early Warning Report Issued Pursuant to National Instrument 62-103 in Respect of the Acquisition of Securities of Fairmont Resources Inc.
– Momentum Public Relations – May 20th, 2016
Douglas Eickmeier, a shareholder of Fairmont Resources Inc. (TSX VENTURE:FMR) (the “Company”), announces that he owns, directly and indirectly, 2,537,500 common shares of the Company, representing 11.18{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the issued and outstanding common shares of the Company.
From April 25, 2016 to May 6, 2016, Mr. Eickmeier acquired, directly and indirectly, a total of 382,000 common shares of the Company at a total cost of $30,815.00 through on-market purchases on the TSX Venture Exchange. Immediately prior to the completion of the transactions, Mr. Eickmeier owned 2,255,500 common shares of the Company, representing 9.94{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the issued and outstanding common shares of the Company. Immediately after completion of the transactions, Mr. Eickmeier owned 2,537,500 common shares of the Company, representing 11.18{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the issued and outstanding common shares of the Company.
The acquisition by Mr. Eickmeier of the common shares of the Company was made for investment purposes. Mr. Eickmeier may increase or reduce its investment in the Company according to market conditions or other relevant factors.
For further information and to obtain a copy of the early warning report filed under applicable Canadian securities laws, please see the Company’s profile on the SEDAR website www.sedar.com.
- Published in Fairmont Resources, News Home
Relevium Technologies Signs LOI to Acquire a Controlling Interest in a Montreal-Based Distribution Company
Relevium Technologies Signs LOI to Acquire a Controlling Interest in a Montreal-Based Distributuon Company
– Momentum Public Relations –
Press Release: May 19, 2016
Relevium Technologies Inc. (TSX VENTURE:RLV)(FRANKFURT:6BX) is pleased to announce it has executed a letter of intent to acquire a controlling interest and progressively 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of a Montreal-based B2B distribution and D2C E-retail company that specializes on high quality exclusive performance products and technologies for North America.
The acquisition target is a growing distribution and D2C company with an existing revenue base of over $500,000.00 CAD through a narrow and focused number of products, which are expected to grow organically at a rate of 50{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} per year. The acquisition target is currently in the process of negotiating the expansion of its product offering and is anticipating introducing several new SKUs, all of which are expected to translate into significant increase in market reach and revenues. The proposed transaction, the details of which will be disclosed upon execution of a definite agreement, is expected to become Relevium’s main distribution and E-retail capability for new technologies and exclusive products for North America by leveraging its experienced team and established relationships with specialty stores and major retail chains across the US and Canada.
In addition to the current performance products sold by the acquisition target, Relevium also plans to utilize and leverage the new partnership to develop a new platform for launching, distributing and retailing connected sports performance products, specialized nutritional supplements, innovative pain management devices and recovery products, all in line with the Company’s overall strategy. The addition of the new products and technologies as well as the addition of E-retail capabilities are estimated to materially increase revenues and as well as branding strength of the Company.
Leena Lakdawala, CEO of Relevium Technologies stated: “As part of our growth strategy, this partnership is expected to provide Relevium access to an established and growing network of performance and wellness retailers both in Canada and the US. The proposed target counts with an experienced team who truly understands the role of relationship and trust-based selling, both of which represent the basis for a successful distribution, retail and D2C strategy”
The transaction is expected to close within the next 30 days and is subject to customary due diligence, market compliance and financing.
About Relevium Technologies Inc.
Relevium is a TSXV listed company (TSX VENTURE:RLV) focused on growth through the acquisition of businesses, products and/or technologies within the scope of the expanding health and wellness sector, specifically under three important verticals: Pain Relief, Recovery andPerformance. Relevium currently holds patented intellectual property for application of static magnetic fields on direct-to-consumer devices, which aid in decreasing pain, improving recovery time and enhancing overall physical performance.
On Behalf of the Board of Directors
RELEVIUM TECHNOLOGIES INC.
“Leena Lakdawala”
CEO and Director
Learn more by clicking here: www.releviumtechnologies.com
- Published in Bio technology, Life Sciences, News Home, Nutraceutical, Relevium Technologies
IWS Announces Collaboration With the City of Fier, Albania
IWS Announces Collaboration With the City of Fier, Albania
– Momentum Public Relations – May 18th, 2016
International Wastewater Systems Inc. (“IWS” or the “Company”) (CSE:IWS) (FRANKFURT:IWI) is pleased to announce its collaboration with the city of Fier, Albania (“Fier”). IWS and Fier have agreed to collaborate on a strategic plan to develop District Energy Networks utilizing IWS’s SHARC wastewater heat exchange system along with the integration of sewage treatment capabilities. The collaboration is a result of recent meetings in Albania between IWS CEO Mr. Lynn Mueller and The Honorable Mr. Armando Subashi, Mayor of Fier.
The district of Fier is located in south east Albania, home to approximately 200,000 people of which 100,000 live in the city of Fier. Fier is the centre of the oil & gas and chemical industries in Albania, a region that includes the nearby Patos-Marinza oilfield, the largest on shore oilfield in Europe which is operated by Canadian company Bankers Petroleum Ltd.
Albania’s dependence on hydropower generation and its vulnerability to weather patterns make energy supply and distribution a key challenge for the country. The early adoption of renewable energy technologies has been promoted via funding from IFC (International Finance Corporation, a member of the World Bank) and EBRD (European Bank for Reconstruction and Development). The EBRD and IFC programs seek to develop the market for renewable energy in Albania as a means to diversify the energy supply, develop green industries and support the country’s path towards the European Union.
Albania’s energy sector is currently suffering annual losses estimated at EUR160-200 million (World Bank estimates) creating an urgent need for energy efficiency improvements. The city of Fier and IWS seek to implement energy efficient technologies that serve the region’s energy needs, while creating a new industry centred in Fier that serves as a catalyst for economic and technological advancement for the entire region.
IWS intends to install District Energy Networks around the city that include treatment plants capable of treating 30 million litres of sewage per day. IWS technology will recycle the waste heat to provide a green, low cost heating and cooling supply for the city of Fier. Currently this sewage flows untreated through the local river system and into the sea.
IWS is partnering with the City of Fier to transform the city into a world leading example for sustainable energy infrastructure that generates green, low cost energy while providing ongoing social and economic benefits to the historic city of Fier. Lynn Mueller, CEO of IWS commented: “We are committed to developing long term, skilled jobs and programs to aid social change that will place Fier amongst the leading sustainable cities in the world. The City of Fier will serve as an example to cities worldwide that seek to create lasting environmental, social and economic benefits for its citizens through the adoption of energy efficient infrastructure”.
ON BEHALF OF THE BOARD
Lynn Mueller, Chairman and Chief Executive Officer
About International Wastewater Systems Inc.
International Wastewater Systems Inc. (CSE:IWS) (FRANKFURT:IWI) is a world leader in wastewater heat recovery. IWS systems recycle thermal energy from wastewater, generating the most energy efficient and economical systems for heating, cooling & hot water for commercial, residential and industrial buildings.
- Published in Green Technology, International Wastewater Systems, News Home, Technology
InMed (IN:CSE) Updates Progress of its Epidermolysis Bullosa Program
InMed Updates Progress of its Epidermolysis Bullosa Program
– Momentum Public Relations – May 18th, 2016
InMed Pharmaceuticals Inc. (“InMed”) (CSE: IN; OTCQB: IMLFF), a biopharmaceutical company specializing in the research and development of novel, cannabinoid-based therapies is pleased to provide an update on the progress of INM-750, its lead product in development for epidermolysis bullosa (EB), a serious and severe genetically inherited skin disorder.
INM-750 is a topical formulation of phytocannabinoids that has been specifically designed to: (i) modify the underlying cause of the disease in patients with epidermolysis bullosa simplex (EBS, the most common form of the disease), and (ii) to treat the major symptoms of the disease in all patients with EB.
InMed is now pleased to report that INM-750 has demonstrated positive pain relieving effects in animal models. Dr. Sazzad Hossain, Chief Scientific Officer of InMed, stated, “I am very excited with these results as pain is a serious complication in EB and this animal data shows that INM-750 reduces both acute and chronic pain. Significant data has been previously generated and reported to demonstrate the diverse properties of INM-750 in wound healing, skin regeneration, anti-inflammation and its antibacterial effects. Together with pain, these disease hallmarks are key therapeutic targets for the effective treatment of EB as well as several other dermatological conditions.”
A summary of the pre-clinical results on INM-750, a non-THC cannabinoid based composition, is available on InMed’s website under the Investors and the Pipeline sections.
About Epidermolysis bullosa simplex (EBS)
Epidermolysis bullosa simplex (EBS) is one of the major forms of epidermolysis bullosa (EB), a group of genetic conditions that cause the skin to be very fragile and to blister easily. It is a result of a defect in anchoring between the epidermis and the dermis, resulting in severe skin fragility that can range from mild to lethal. There is no cure or approved treatments for EB. Wound care, pain management and preventative bandaging are currently the only options available.
About InMed
InMed is a preclinical stage biopharmaceutical company that specializes in developing novel therapies through the research and development into the pharmacology of cannabinoids combined with innovative drug delivery systems. InMed’s proprietary platform technology, product pipeline and accelerated development pathway are the fundamental value drivers of the company. For more information, visit www.inmedpharma.com.
- Published in InMed Pharmaceuticals, News Home