Arctic Star arranges $1.5-million private placement
Momentum Public Relations
Press Release: October 26, 2017
2017-10-26 12:58 ET – News Release
Mr. Patrick Power reports
ARCTIC STAR ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
Arctic Star Exploration Corp. has arranged a non-brokered private placement of up to 15 million units at a price of 10 cents per unit, for gross proceeds of up to $1.5-million. Each unit will comprise one common share in the capital of the company and one non-transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional share in the capital of the company for a period of 24 months from the closing date at an exercise price of 15 cents.
All securities will be subject to a four-month hold period from the closing date. The private placement is subject to TSX Venture Exchange approval.
Finders’ fees may be paid in accordance with TSX-V policies.
The company intends to use the proceeds from the private placement for exploration on the Foriet diamond property and for general working capital.
We seek Safe Harbor.
© 2017 Canjex Publishing Ltd. All rights reserved.
- Published in Arctic Star Exploration, Mining, News Home
Sirona Biochem Announces Close of Oversubscribed Private Placement
Momentum Public Relations
Press Release: October 26, 2017
VANCOUVER, BC–(Marketwired – October 26, 2017) – Sirona Biochem Corp. (TSX VENTURE: SBM) (FRANKFURT: ZSB)(XETRA: ZSB) (the “Company“) announced today that it has closed an oversubscribed, non-brokered private placement for gross proceeds of $635,000. The private placement consists of 4,233,333 units, (the “Units”) at a price of $0.15 per Unit. Each Unit consists of one common share and one transferable share purchase warrant, each whole warrant exercisable into one additional common share of the Company for a period of 2 years from the date of issue at a price of $0.25 per share.
Dr. Howard Verrico, CEO, has participated in the Private Placement with the purchase of 1,000,000 Units and upon completion, owns 5,951,250 common shares.
All securities issued under the placement are subject to statutory hold periods expiring on February 26, 2018.
Proceeds of the placement will be used for general working capital.
About Sirona Biochem Corp.
Sirona Biochem is a cosmetic ingredient and drug discovery company with a proprietary platform technology. Sirona specializes in stabilizing carbohydrate molecules with the goal of improving efficacy and safety. New compounds are patented for maximum revenue potential.
Sirona’s compounds are licensed to leading companies around the world in return for licensing fees, milestone fees and ongoing royalty payments. Sirona’s laboratory, TFChem, is located in France and is the recipient of multiple French national scientific awards and European Union and French government grants. For more information please visit www.sironabiochem.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Sirona Biochem cautions you that statements included in this press release that are not a description of historical facts may be forward-looking statements. Forward-looking statements are only predictions based upon current expectations and involve known and unknown risks and uncertainties. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of release of the relevant information, unless explicitly stated otherwise. Actual results, performance or achievement could differ materially from those expressed in, or implied by, Sirona Biochem’s forward-looking statements due to the risks and uncertainties inherent in Sirona Biochem’s business including, without limitation, statements about: the progress and timing of its clinical trials; difficulties or delays in development, testing, obtaining regulatory approval, producing and marketing its products; unexpected adverse side effects or inadequate therapeutic efficacy of its products that could delay or prevent product development or commercialization; the scope and validity of patent protection for its products; competition from other pharmaceutical or biotechnology companies; and its ability to obtain additional financing to support its operations. Sirona Biochem does not assume any obligation to update any forward-looking statements except as required by law.
For more information regarding this press release, please contact:
Christopher Hopton
CFO
Sirona Biochem Corp.
Phone: 1.604.282.6064
Email: chopton@sironabiochem.com
- Published in Bio technology, News Home, Sirona Biochem
Equitorial Exploration Acquires Lithium Claims Adjacent to QMC Cat Lake Lithium Project
Momentum Public Relations
Press Release: October 26, 2017
Vancouver, BC, Canada / TheNewswire / October 26, 2017 – Equitorial Exploration Corp. (TSX-V: EXX, Frankfurt: EE1, OTCQB: EQTXF) (“Equitorial” or “Company”) is pleased to report that the Company has been granted an exclusive option to acquire a 100 recorded and beneficial interest in 3 claims (Catail Claims) directly adjacent to the Cat Lake Mineral Project owned by Quantum Minerals Corp.
Catail Claims Summary
- – 3 Claims, 99 hectares- Adjacent to Cat Lake Mineral Project (previously Irgon Lithium Mine)
– Lithium Corp Cat Lake mine situated on south end of Catail claim block
– Irgon Lithium Mine shaft 150 m from south end of Catail claim block
– 48 feet of spodumene bearing quartz drilled in 1948 (Manitoba Assessment File 98073)
– Approximately 150 km northeast of Winnipeg
– Manitoba Provincial Highway 314 in passes through the claim block
– Please click to view a map of the claims: http://equitorialexploration.com/wp-content/uploads/2017/10/2017-10-26-Catail-Claims-fwe8mt.jpg
Cat Lake Mineral Project
QMC Quantum Minerals Corp News Release September 7, 2017 reported:
“Between 1953-1954, the Lithium Corporation of Canada Limited drilled 25 holes into the Irgon Dike and reported a historical resource estimate of 1.2 million tons grading 1.51 Li20 over a strike length of 365 meters and to a depth of 213 meters (Northern Miner, Vol. 41, no.19, Aug. 4, 1955, p.3). This historical resource is documented in a 1956 Assessment Report by Bruce Ballantyne for the Lithium Corporation of Canada Ltd. (Manitoba Assessment Report No. 94932). This historical estimate is believed to be based on reasonable assumptions and the company/QP has no reason to contest the document’s relevance and reliability.”
The property lies within the east-trending Mayville-Cat-Eculid Greenstone Belt (“MCEGB”) located along the northern contact of the Maskwa Lake Batholith. This northern greenstone belt has a similar structural geological setting as the Bird River Greenstone Belt (“BRGB”) which is located along the southern contact of the same batholith, and is parallel to and approximately18km to the south of the MCEGB. The property is located 20km north of the Tanco Mine Property. The BRGB hosts the world-class Tanco rare element-bearing pegmatite dike. The Tanco Mine went into production in 1969 and produced tantalum, cesium and lithium concentrate. It was previously North America’s largest and sole producer of spodumene (Li), tantalite (Ta) and pollucite (Cs).
Option Terms
W.S. Ferreira Ltd. (FERREIRA) hereby grants to Equitorial (OPTIONOR) an exclusive option to acquire a 100 beneficial interest in the Property, free and clear of all encumbrances, liens or royalties. In order to exercise the Option and earn a 100 undivided beneficial interest in and to the Property, OPTIONOR shall:
- – immediately upon execution of this Agreement make a cash payment of CDNS25,000.00 to FERREIRA;- issue to William S. Ferreira within 5 business days from the date of TSX Venture approval, 500,000 non-assessable common shares of its capital
– on or before December 31,2018, make a cash payment of CDN$25,000 to FERREIRA;
– on or before December 31 ,2018, a work commitment of $5,000 to earn 100 interest in the PROPERTY;
A 2 Gross Overriding Royalty, “GOR” as defined in 2.3 shall be granted to FERREIRA. The OPTIONOR shall have the right to purchase a 1 GOR from FERREIRA at any time prior to production for CDNS1,000,000 leaving FERREIRA with a 1 retained GOR.
About Equitorial Exploration Corp
Equitorial is aggressively developing three 100 -owned, high-potential, lithium projects in North America. The Little Nahanni Pegmatite Group (LNPG) is a 43-101 compliant, hard rock, lithium property in the NWT. The Tule and Gerlach Lithium Brine Projects are located in lithium-rich Utah and Nevada within easy reach of the Tesla Gigafactory #1.
All three projects have demonstrated highly encouraging grades and Equitorial intends to actively explore these Lithium opportunities in the coming season.
For more information please visit: http://equitorialexploration.com/
On behalf of the Board of Directors
EQUITORIAL EXPLORATION CORP.
_____________________
Jack Bal, CEO and Director
For further information, please contact Jack Bal at 604-306-5285
FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of Canadian securities laws, including statements regarding the Tule, Gerlach and Little Nahanni Pegmatite Project: statements pertaining to the ability of Equitorial Exploration Corp.(“EXX”); the potential to develop resources and then further develop reserves; the anticipated economic potential of the property; the availability of capital and finance for EXX to execute its strategy going forward. Forward-looking statements are based on estimates and assumptions made by EXX in light of its experience and perception of current and expected future developments, as well as other factors that EXX believes are appropriate in the circumstances. Many factors could cause EXX’s results, performance or achievements to differ materially from those expressed or implied by the forward looking statements, including: discrepancies between actual and estimated results from exploration and development and operating risks, dependence on early exploration stage concessions; uninsurable risks; competition; regulatory restrictions, including environmental regulatory restrictions and liability; currency fluctuations; defective title to mineral claims or property and dependence on key employees. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
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.
Copyright (c) 2017 TheNewswire – All rights reserved.
- Published in Equitorial Exploration, Mining, News Home
Defiance’s Phase 1 Drilling Significantly Expands High Grade Mineralized Envelope at San Acacio
Momentum Public Relations
Press Release: October 25, 2017
Drilling intersects 3 meters grading 404 g/t AgEq within a longer 10 meter intersection grading 204.65 g/t AgEq
Vancouver, British Columbia–(Newsfile Corp. – October 25, 2017) – Defiance Silver Corp. (TSXV: DEF) (OTC: DNCVF) (“Defiance”) is pleased to announce results from the final holes of its Phase 1 drilling program including a 3 meter intersection grading 404 g/t AgEq within a longer 10 meter intersection grading 204.65 g/t AgEq. Defiance commenced its 5000m drill program to test the extension of the San Acacio Deposit at depth. Including the final holes, Phase 1 has extended mineralization up to 230 meters below the current resource.
“We are very pleased with our continued exploration success at San Acacio. The Phase 1 results significantly expanded the mineralized envelope of the San Acacio silver deposit. Mapping and mineralogical studies indicate that the mineralized system hosting the San Acacio deposit is tilted to the southeast. This suggests that drilling along strike could result in the discovery of new mineralized zones containing the full vertical extent of the mineralizing system. Our next step is to prepare for the commencement of an aggressive Phase II drill program targeting new high grade shoots within the 900 meter extension of the Veta Grande vein system to the southeast of the San Acacio deposit,” stated Roy Bonnell, President and CEO of Defiance Silver Corp.
Along the entire Veta Grande vein, which pinches and swells along strike, approximately 200 million ounces of silver was historically produced from high grade shoots in the swells. Defiance’s portion of the Veta Grande vein has produced an estimated 100M ounces from high-grade shoots such as those that host the San Acacio deposit. Over 4.4 km of Defiance’s 5.6 km holdings along the Veta Grande vein have not seen historical production nor been systematically explored. Mapping, sampling and drilling has indicated that pinching and swelling continues along strike, presenting significant potential for the discovery of multiple, new, intact silver shoots.
Drill holes SAD17-13 and SAD17-14 targeted the Esperanza Zone, extending the mineralization to depth below drill hole SAD17-12 which intersected high grade silver over a core length of 27.03 meters of hydrothermal breccia and veins assaying 202.99 g/t AgEq (see News Release dated June 8, 2017). Drill hole SAD17-13 extended the wide zone of mineralization returned in drill hole SAD17-12 with a 10 meter intersection grading 204.65 g/t AgEq. Drill hole SAD17-14 intersected three narrower zones of mineralization before intersecting a fault that displaced the main vein. Drill hole SAD17-15 drilled 100 meters to the southeast on the vein intersected high grade mineralization grading 296.30 g/t AgEq over 3.18 meters. Drill hole SAD17-17, drilled 100 meters farther to the southeast, extended the wide vein intersection of 11.95 meters returned by drill hole SAD15-10 although mineralization was primarily base metals suggesting that it may be in the low grade zone between the silver and the silver-base-metal zones.
With the completion of its Phase 1 drill program, Defiance presents highlights from its recent drilling as part of a complete table of all Phase 1 results (including those previously reported)
Table 1: Phase 1 Drill Results
Hole # | From (m) | To (m) | Length (m) | Ag, g/t | Au, g/t | Cu, {92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} | Pb, {92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} | Zn, {92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} | AgEq,* g/t* |
SAD14-01 | 132.50 | 149.50 | 17.00 | 110.21 | 0.13 | 0.01 | 0.11 | 0.35 | 139.15 |
including | 134.00 | 142.10 | 8.10 | 222.12 | 0.22 | 0.01 | 0.20 | 0.53 | 268.13 |
SAD14-02 | 168.50 | 185.20 | 16.70 | 101.11 | 0.75 | 0.02 | 0.14 | 1.79 | 235.36 |
including | 168.50 | 171.70 | 3.20 | 419.09 | 0.82 | 0.02 | 0.14 | 0.30 | 499.43 |
including | 176.20 | 182.10 | 5.90 | 30.15 | 1.46 | 0.03 | 0.23 | 4.62 | 334.68 |
SAD14-03 | 194.50 | 213.30 | 18.80 | 21.37 | 0.42 | 0.02 | 0.84 | 1.10 | 128.03 |
including | 205.00 | 213.30 | 8.30 | 42.89 | 0.92 | 0.04 | 1.87 | 2.44 | 278.33 |
SAD14-04 | 143.00 | 153.10 | 10.10 | 100.23 | 0.56 | 0.13 | 0.77 | 1.61 | 248.11 |
including | 147.00 | 153.10 | 6.10 | 138.35 | 0.80 | 0.19 | 1.27 | 1.90 | 340.41 |
SAD15-06 | 178.00 | 185.30 | 7.30 | 109.21 | 0.13 | 0.01 | 0.04 | 0.09 | 125.09 |
SAD15-06 | 219.50 | 231.00 | 11.50 | 20.06 | 0.39 | 0.03 | 0.04 | 1.54 | 114.85 |
including | 224.00 | 231.00 | 7.00 | 19.88 | 0.57 | 0.03 | 0.06 | 2.35 | 161.82 |
SAD15-07 | 136.40 | 140.00 | 3.60 | 211.49 | 0.14 | 0.01 | 0.11 | 0.20 | 234.17 |
SAD15-07 | 147.10 | 149.50 | 2.40 | 149.16 | 0.16 | 0.02 | 0.42 | 1.59 | 241.55 |
SAD15-07 | 185.40 | 206.50 | 21.10 | 70.84 | 0.24 | 0.03 | 0.35 | 0.77 | 134.87 |
including | 199.10 | 206.50 | 7.40 | 158.75 | 0.52 | 0.07 | 0.81 | 1.83 | 306.68 |
SAD15-8 | 106.05 | 113.30 | 7.25 | 631.46 | 0.43 | 0.01 | 0.09 | 0.22 | 675.58 |
SAD15-8 | 119.50 | 120.20 | 0.70 | 431.95 | 0.24 | 0.01 | 0.21 | 0.64 | 483.38 |
SAD15-8 | 163.05 | 163.80 | 0.75 | 330.75 | 0.10 | 0.01 | 0.15 | 0.31 | 356.81 |
SAD15-9 | 221.00 | 224.05 | 3.05 | Mine Opening on Veta Chica | |||||
SAD15-9 | 226.15 | 241.80 | 15.65 | 65.22 | 0.02 | 0.01 | 0.01 | 0.04 | 68.99 |
including | 226.15 | 231.00 | 4.85 | 118.32 | 0.02 | 0.07 | 0.01 | 0.04 | 129.64 |
SAD15-9 | 263.70 | 266.75 | 3.05 | 40.38 | 0.09 | 0.01 | 0.15 | 0.52 | 74.55 |
266.75 | 269.80 | 3.05 | Mine Opening on Veta Grande | ||||||
269.80 | 271.35 | 1.55 | 4.90 | 0.04 | 0.01 | 0.15 | 0.51 | 33.43 | |
SAD15-10 | 282.70 | 284.30 | 1.60 | 100.03 | 0.11 | 0.01 | 0.01 | 0.03 | 110.72 |
SAD15-10** | 331.50 | 343.45 | 11.95 | Veta Grande vein | |||||
including | 331.5 | 333.6 | 2.1 | 283.31 | 0.17 | 0.01 | 0.38 | 0.70 | 337.75 |
** | 333.60 | 335.65 | 2.05 | Mine Opening on Veta Grande | |||||
including | 335.65 | 341.15 | 5.5 | 96.65 | 0.26 | 0.03 | 0.61 | 1.34 | 194.32 |
** | 341.15 | 341.85 | 0.7 | Mine Opening on Veta Grande | |||||
including | 341.85 | 343.45 | 1.60 | 19.44 | 0.12 | 0.02 | 0.40 | 1.58 | 106.88 |
SAD15-11 | 283.50 | 285.00 | 1.50 | 136.03 | 0.03 | 0.02 | 0.03 | 0.06 | 143.22 |
SAD 17-12 | 226.2 | 253.65 | 27.03 | 148.21 | 0.29 | 0.02 | 0.13 | 0.67 | 202.99 |
including | 226.2 | 234.20 | 7.58 | 212.91 | 0.05 | 0.01 | 0.06 | 0.26 | 230.03 |
including | 238.0 | 243.00 | 5.00 | 230.69 | 0.51 | 0.04 | 0.43 | 1.68 | 354.97 |
including | 247.6 | 253.65 | 6.05 | 122.07 | 0.74 | 0.01 | 0.09 | 1.04 | 222.59 |
SAD17-13 | 261.00 | 271.00 | 10.00 | 171.22 | 0.08 | 0.01 | 0.27 | 0.42 | 204.65 |
including | 261.00 | 264.00 | 3.00 | 372.21 | 0.10 | 0.01 | 0.16 | 0.45 | 404.03 |
SAD17-14 | 308.07 | 308.67 | 0.60 | 139.53 | 0.40 | 0.00 | 1.84 | 1.09 | 276.74 |
314.12 | 315.00 | 0.88 | 213.84 | 0.30 | 0.00 | 0.01 | 0.00 | 236.21 | |
318.00 | 318.30 | 0.30 | 477.55 | 0.46 | 0.00 | 0.05 | 0.17 | 520.27 | |
SAD17-15 | 209.82 | 213.00 | 3.18 | 285.04 | 0.02 | 0.01 | 0.05 | 0.17 | 296.30 |
SAD17-17 | 439.13 | 440.14 | 1.01 | 33.90 | 0.12 | 0.01 | 0.51 | 3.14 | 187.85 |
*Reported for comparison only, with no assumptions regarding metal recovery or smelter payments. Prices used are Au: $1210.50/ounce, Ag: $16.33/ounce, Cu; $2.80/pound, Pb; $0.83/pound and Zn $0.95/pound. US dollars.
**Grade not calculated because of no data for open mine workings.
***True Widths are approximately 70{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} to 80{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of each intersection.
Corporate Update
Defiance is also pleased to announce that it has successfully renegotiated the option payment for the next twelve months at San Acacio. The property vendors have agreed to split the 2017 milestone payment into four equal payments with the last one due in June 2018.
Defiance has retained Momentum Public Relations Inc. (“Momentum”) to provide investor relations and corporate development services. Momentum is a public and investor relations consulting agency and will assist Defiance in increasing public awareness by managing its corporate communications and marketing activities and facilitating dialogue with its shareholders, finance professionals, analysts and media contacts. The agreement with Momentum is for a term of six months at $5,500 per month and 300,000 stock options at $0.30 exercisable for a period of two years. The agreement is subject to the acceptance of the TSX Venture Exchange.
A Panoramic Video on the San Acacio Deposit is available on our website, or Click Here to visit our Defiance YouTube Channel. Defiance Silver Corp. is a silver explorer and developer advancing the San Acacio Deposit, located in the historic Zacatecas Silver District of central Mexico. Defiance is managed by a team of proven mine developers with a track record of exploring and developing 7 operating mines to date. Defiance’s corporate mandate is to expand San Acacio to become one of Mexico’s premier high grade wide vein silver deposits.
Mr. Bruce Winfield, P.Geo. consultant to Defiance Silver Corp, is a Qualified Person within the meaning of National Instrument 43-101, and has approved the technical information concerning the Defiance’s material mineral properties contained in this press release.
On behalf of Defiance Silver Corp.
“Roy Bonnell“
President and CEO
For more information, please contact: Sunny Pannu — Corporate Development (604) 669 7315 or via email at pannu@defiancesilver.com
2300 – 1177 West Hastings Street
Vancouver, BC V6E 2K3
www.defiancesilver.com
Tel: 604-669-7315
Email: info@defiancesilver.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
- Published in Defiance Silver, Mining, News Home
Relevium Signs LOI to Acquire Nutraceutical Brand
Momentum Public Relations
Press Release: October 25, 2017
MONTREAL, QUEBEC–(Marketwired – Oct. 25, 2017) – Relevium Technologies Inc. (TSX VENTURE:RLV)(FRANKFURT:6BX) (the “Company” or “Relevium”), a publicly traded corporation strategically focused on the acquisition and building of e-retail brands, products and technologies in the health and wellness market, is pleased to announce that it has signed a non-binding Letter Of Intent (the “LOI”) to acquire an American based nutraceutical brand that sells products direct to consumers primarily through the Amazon.com channel in the Vitamins and Dietary Supplements category. The transaction value is currently estimated at US$1.35 million, which shall be subject to adjustment based upon a multiple of earnings before income taxes.
Highlights
- Non-binding LOI for a Nutraceutical brand
- Targeted to close by November 30, 2017
- RLV Executes on guidance issued August 2, 2017
Subject to the positive outcome of a short due diligence period, the negotiation and execution of a mutually satisfactory definitive acquisition agreement and TSX Venture Exchange approval, management estimates that the transaction should close around November 30, 2017. Pursuant to regulatory guidelines, further financial details and related fees regarding the acquisition will be disclosed at the closing of the transaction. The Company does not anticipate the need for outside capital in order to close the transaction as the consideration is expected to consist solely by the issuance of additional equity of the Company which shall be subject to a vesting schedule and associated targets. The Company does not anticipate that a new control person will be created as a result of the proposed transaction.
Once closed, it is intended that the acquired assets will be transferred to Relevium and the operations will be integrated into the current operations being managed by the Company.
Aurelio Useche, President and CEO of Relevium Technologies stated: “We have been diligently looking at accretive assets to add to our portfolio since the acquisition of BioGanix and we are very pleased to execute another line item from our 2017 guidance laid out on August 2, 2017.”
Mr. Useche continued: “Once closed, this transaction will further demonstrate Management’s ability to execute on the M&A strategy and should contribute to top line revenue and EBITDA for Fiscal 2018. Operationally speaking we are ready to continue acquiring, integrating and optimizing brands. The current M&A pipeline remains very healthy and in line with previously stated numbers. We look forward to concluding more transactions on an aggressive schedule.”
About Relevium Technologies
Relevium is a TSXV listed company focused on growth through the acquisition of businesses, products and/or technologies with a focus on e-commerce in the growing health and wellness sector. Relevium Technologies Inc. also holds patented intellectual property for the use of static magnetic fields for application on wearable devices.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflects the Company’s current expectations regarding future events. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control that could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Readers should not place undue reliance on forward- looking statements and forward-looking information and are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
On Behalf of the Board of Directors
RELEVIUM TECHNOLOGIES INC.
Aurelio Useche, President and CEO
RELEVIUM TECHNOLOGIES INC
Relevium Technologies Inc.
Edward Ierfino
Manager, Investor Relations
(514) 562-1374
eierfino@releviumcorp.com
www.releviumtechnologies.com
- Published in News Home, Nutraceutical, Relevium Technologies
Sirona Biochem Announces Financing
Momentum Public Relations
Press Release: October 24, 2017
VANCOUVER, BC–(Marketwired – October 24, 2017) – Sirona Biochem Corp. (TSX VENTURE: SBM) (FRANKFURT: ZSB)(XETRA: ZSB) (the “Company“) announced today that it has arranged a non-brokered private placement for gross proceeds of $535,000. The private placement consists of 3,566,667 units, (the “Units”) at a price of $0.15 per Unit. Each Unit consists of one common share and one transferable share purchase warrant, each whole warrant exercisable into one additional common share of the Company for a period of 2 years from the date of issue at a price of $0.25 per share.
Proceeds of the placement will be used for general working capital.
About Sirona Biochem Corp.
Sirona Biochem is a cosmetic ingredient and drug discovery company with a proprietary platform technology. Sirona specializes in stabilizing carbohydrate molecules with the goal of improving efficacy and safety. New compounds are patented for maximum revenue potential.
Sirona’s compounds are licensed to leading companies around the world in return for licensing fees, milestone fees and ongoing royalty payments. Sirona’s laboratory, TFChem, is located in France and is the recipient of multiple French national scientific awards and European Union and French government grants. For more information please visit www.sironabiochem.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Sirona Biochem cautions you that statements included in this press release that are not a description of historical facts may be forward-looking statements. Forward-looking statements are only predictions based upon current expectations and involve known and unknown risks and uncertainties. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of release of the relevant information, unless explicitly stated otherwise. Actual results, performance or achievement could differ materially from those expressed in, or implied by, Sirona Biochem’s forward-looking statements due to the risks and uncertainties inherent in Sirona Biochem’s business including, without limitation, statements about: the progress and timing of its clinical trials; difficulties or delays in development, testing, obtaining regulatory approval, producing and marketing its products; unexpected adverse side effects or inadequate therapeutic efficacy of its products that could delay or prevent product development or commercialization; the scope and validity of patent protection for its products; competition from other pharmaceutical or biotechnology companies; and its ability to obtain additional financing to support its operations. Sirona Biochem does not assume any obligation to update any forward-looking statements except as required by law.
For more information regarding this press release, please contact:
Christopher Hopton
CFO
Sirona Biochem Corp.
Phone: 1.604.282.6064
Email: chopton@sironabiochem.com
- Published in Bio technology, News Home, Sirona Biochem
Auxico Reports Cuts 3m of 13.07 g/t Au and 28.4 g/t Ag in a Channel Sample on new Gold Discovery
Momentum Public Relations
Press Release: October 24, 2017
MONTREAL, Oct. 24, 2017 (GLOBE NEWSWIRE) — Auxico Resources Canada Inc. (CSE:AUAG.CN) is pleased to provide initial sampling results of a single trench that yielded a 50m wide mineralized section grading 0.85 g/t Au including 3m of 13.07 g/t Au at the Aguamas property. This trench is located about 100 metres southeast of the Aguamas 2 historical mine, which returned samples of 14.87 g/t Au and 192.22 g/t Ag, and 25 metres northwest of the Aguamas 1 historical mine, where recent sampling returned 34.05 g/t Au and 97.78 g/t Ag. Examination of these past workings and exposed rock outcroppings indicated a series of quartz veins at multiple angles within a silicified volcanic breccia. The Aguamas property is located within the Company’s silver/gold property which contains 25 historic producers and occurrences. These gold and silver occurrences outline two regional trends that transect the property, anchored by past producers and field observations by Auxico’s geologists.
Currently, a backhoe is onsite to open a series of four new trenches between the Aguamas 1 & 2 historic mines. The trenches are being cleaned up and prepared for channel sampling. Preliminary observations show the main Aguamas vein in the new trenches as well as flat veins that were not previously observed. The quartz veins appear to be well mineralized and look identical to the samples taken from the first trench that returned high-grade gold values. A diamond drill program is also being planned over the Aguamas area, as well as other priority target areas on the Property. All of the sampling and exploration has been under the supervision of Mr. Joel Scodnick, Qualified Person. Auxico intends to begin exploration and bulk sampling work on the Property, with the aim of getting a better understanding of the grades of silver and gold, as well as the size of the mineralized area along the two structural trends at Zamora.
In addition, the Company announces the grant, pursuant to its 10{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Rolling Stock Options Plan, of options to consultants to purchase a total of 1,100,000 common shares, exercisable in whole or in part, on or before October 22, 2022 at an exercise price of $0.40 per share.
Additional information on Auxico can be found on the Company’s website (www.auxicoresources.com) or on SEDAR (www.sedar.com) under “Auxico Resources Canada Inc.”
Technical information on the Zamora Property can be found in the Company’s Technical Report, dated August 16, 2017 (amended) and written by Joel Scodnick, P.Geo, an independent consultant to the Company.
Qualified Person
This news release was reviewed and approved by Joel Scodnick, P.Geo., an independent consultant to Auxico, in his capacity as a Qualified Person, as defined by National Instrument 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS
« signed »
Mark Billings
President, Auxico Resources Canada Inc.
mb@auxicoresources.com
Cell: +1 514 296 1641
About Auxico Resources Canada Inc.
Auxico Resources Canada Inc. (“Auxico”) in a Canadian company that was founded in 2014 and based in Montreal. Auxico is engaged in the acquisition, exploration and development of mineral properties in Mexico. The Company has a 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} interest in the Zamora Silver-Gold Property in Sinaloa, Mexico. Auxico will continue to identify and potentially acquire additional property interests and conduct exploration and evaluation of these properties to assess their potential.
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.
- Published in Auxico Resources, Mining, News Home
Deep-South Resources Updates Acquisition Of The Inal Property And Updates Its Financing
Momentum Public Relations
Press Release: October 23, 2017
Vancouver, B.C., Canada / TheNewswire / October 23, 2017 – Deep-South Resources Inc. (“Deep-South” or “the Company”) (TSX-V: DSM) announces that its legal and technical consultants have visited the INal project in Mauritania and have completed their due diligence. The Company is awaiting final legal and technical reports concerning the acquisition of 75{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the project. Details of the transaction have been previously disclosed in a press release dated August 23, 2017. The press release be seen on SEDAR or by clicking this link: https://www.deepsouthresources.com/investors/news-releases/deep-south-resources-intends-to-acquire-75-of-the-inal-property-neighboring-the-kinross-tasiast-gold-mine-in-mauritania/.
Concurrently, the Company has obtained the authorization of the TSX Venture Exchange to extend the private placement previously announced on September 6, 2017. The private placement has been extended for 30 days and closing procedure will start shortly.
The terms of the private placement are as follows:
The Company will proceed with a non-brokered private placement for gross proceeds of up to $750,000 (“the Offering”).
The non-brokered private placement will comprise up to 3,409,091 units (the “Units”) of Deep-South, at a subscription price of $0.22 per Unit. Each Unit will consist of one (1) common share and one half (1/2) of one common share purchase warrant (“Warrant”) of Deep-South. Each full Warrant will entitle the holder thereof to purchase one (1) Deep-South common share at an exercise price of $0.30 during a period of thirty-six (36) months from the date of closing of the placement. Each security issued pursuant to the placement has a mandatory four (4) months holding period from the date of closing of the placement.
The private placement is subject to the approval of the TSX Venture Exchange.
About Deep-South Resources Inc.
Deep-South Resources Inc. is a mineral exploration company largely held by Namibian shareholders and Teck Resources Ltd, which holds about 35{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of Deep-South share capital. Deep-South is actively involved in the acquisition, exploration and development of major mineral properties. Deep-South currently holds 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the Haib Copper project in Namibia, one of the largest copper porphyry in Africa. Deep-South’s growth strategy is to focus on the exploration and development of quality assets, in significant mineralized trends, close to infrastructure, in stable countries.
This press release contains certain “forward-looking statements,” as identified in Deep-South’s periodic filings with Canadian Securities Regulators that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. 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.
More information is available by contacting:
Paradox Public Relations at +1-514-341-0408 or Pierre Leveille, President & CEO at: +1-819-340-0140 or at info@deepsouthresources.com.
Copyright (c) 2017 TheNewswire – All rights reserved.
- Published in Deep South Resources Inc., Mining, News Home
Relevium Changes Auditors and Corporate Update
Momentum Public Relations
Press Release: October 20, 2017
MONTREAL, QUEBEC–(Marketwired – Oct. 20, 2017) – Relevium Technologies Inc. (TSX VENTURE:RLV) and (FRANKFURT:6BX) (the “Company” or “Relevium”) announced today that it has changed auditors and appointed Ernst & Young LLP, Chartered Professional Accountants, as the Company’s new auditor (the “Successor Auditor“), replacing Nexia Freedman LLP, Chartered Professional Accountants (the “Former Auditor“). At the request of the Company, the Former Auditor has resigned and the Successor Auditor has been appointed as of the effective date of October 11, 2017.
The Company’s Audit Committee and Board of Directors have approved the resignation of the Former Auditor and the appointment of the Successor Auditor. In accordance with National Instrument 51-102 – Continuous Disclosure Obligations, the notice of change of auditor, together with the letter from the Former Auditor and the letter from Successor Auditor have been reviewed by the Company’s Audit Committee and Board of Directors and are available under the Company’s profile at www.sedar.com. There were no reservations or modified opinions in the Former Auditor’s reports in connection with the financial statements of the Company for the Company’s most recent fiscal year and any subsequent period, and there are no “reportable events”, as defined in the National Instrument 51‐102 ‐ Continuous Disclosure Obligations, between the Company and the Former Auditor.
Aurelio Useche, CEO of Relevium Technologies stated “On behalf of our board of directors and the management team, we thank the team at Nexia Freedman for the services provided to the Company. We look forward to working with Ernst & Young, as the Company grows and executes its business plan.”
The Company also announces that, effective August 18, 2017, David A. Johnson has been appointed Corporate Secretary of the Company. Mr. Johnson is an attorney and a trademark agent and has served as an executive officer, director and audit committee member of various public companies listed on the TSX Venture Exchange and the Canadian Stock Exchange. In consideration for Mr. Johnson’s ongoing services as Corporate Secretary and in order to preserve its cash on hand, the Company has agreed, subject to TSX Venture Exchange approval, to issue common shares of the Company to Mr. Johnson at an amount of $2,500 per month whereby the price calculates the volume weighted average price, or VWAP, for the last five (5) trading days of the month.
Aurelio Useche, CEO of Relevium Technologies stated “We welcome the addition of Mr. Johnson to our team. His years of professional experience in public companies, corporate governance and legal knowledge will be a strategic asset to the Company.”
About Relevium Technologies
Relevium is a TSXV listed company focused on growth through the acquisition of businesses, products and/or technologies with a focus on e-commerce in the growing health and wellness sector. Relevium Technologies Inc. also holds patented intellectual property for the use of static magnetic fields for application on wearable devices.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflects the Company’s current expectations regarding future events. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control that could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Readers should not place undue reliance on forward-looking statements and forward-looking information and are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
On Behalf of the Board of Directors
RELEVIUM TECHNOLOGIES INC.
Aurelio Useche, President and CEO
RELEVIUM TECHNOLOGIES INC
Relevium Technologies Inc.
Edward Ierfino
Manager, Investor Relations
(514) 562-1374
eierfino@releviumcorp.com
www.releviumtechnologies.com
- Published in News Home, Nutraceutical, Relevium Technologies, Technology
Equitorial Exploration and Mag One’s JV Magnesium Project Will Not Require Environmental Evaluation
Momentum Public Relations
Press Release: October 17, 2017
Vancouver, BC, Canada / TheNewswire / October 20, 2017 – Equitorial Exploration Corp. (TSX-V: EXX, Frankfurt: EE1, OTCQB: EQTXF) (“Equitorial” or “Company”) is pleased to report that the Company’s joint venture partner, Mag One Products Inc reported on October 12, 2017 that its commercial high-purity magnesium oxide (MgO) and silica (SiO2) project will not be subject to an environmental evaluation.
50/50 Joint Venture Between Equitorial Exploration and Mag One
On May 19, 2016, Mag One reported, “Equitorial has now earned the exclusive right to joint venture with Mag One on a 50/50 basis to fund the construction of Mag One’s first modular production facility for the extraction of magnesium and related products and the further non-exclusive right to joint venture with the Company to fund further modular production facilities.” The transaction received approval from the Toronto Stock Exchange.
According to an agreement amended March 11, 2016, Equitorial Exploration Corp., by providing $750,000 of Mag One’s private placement will have earned an exclusive right to enter into the first joint venture to finance, on a 50/50 basis, the construction of production facilities that Mag One will use to produce magnesium metal and related products.
Equitorial will also have the right to finance other production facilities on a 50/50 joint venture, on a non-exclusive basis, with Mag One.
Mag One Commercial High Purity Magnesium Oxide and Silica Project
Mag One Products Inc. has received positive feedback on its commercial high-purity magnesium oxide (MgO) and silica (SiO2) project description submitted this past summer to the Quebec Ministry of the Environment (MDDELCC). Specifically, Mag One has learned that the proposed project in southeastern Quebec will not be subject to an environmental evaluation, a process which is often lengthy and costly. As such, the process to obtain a certificate of authorization (CA) for the environmentally friendly commercial 30,000-tonne-per-year high-purity magnesia and 33,000-tonne-per-year silica plant will be simpler, faster and more cost-effective, given that fewer administrative measures are involved.
“The timeline to bringing the environmentally sustainable MgO and SiO2 commercial plant on-line has been shortened greatly with this news,” said Gillian Holcroft, president of Mag One. “We are one step closer to creating high-tech jobs in the region. Our hydrometallurgical piloting facility at the MRC des Sources Mining Innovation Centre (CIMMS) will continue to generate engineering data for the commercial plant, as well as to produce high-purity silica and ultimately high-purity MgO for characterization and for off-take agreements. We are already in contact with potential commercial and product development partners for these materials.”
It is anticipated that the site for the commercial plant will be determined before the end of 2017.
For more information please visit: http://equitorialexploration.com/
On behalf of the Board of Directors
EQUITORIAL EXPLORATION CORP.
_____________________
Jack Bal, CEO and Director
For further information, please contact Jack Bal at 604-306-5285
FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of Canadian securities laws, including statements regarding the Tule, Gerlach and Little Nahanni Pegmatite Project: statements pertaining to the ability of Equitorial Exploration Corp.(“EXX”); the potential to develop resources and then further develop reserves; the anticipated economic potential of the property; the availability of capital and finance for EXX to execute its strategy going forward. Forward-looking statements are based on estimates and assumptions made by EXX in light of its experience and perception of current and expected future developments, as well as other factors that EXX believes are appropriate in the circumstances. Many factors could cause EXX’s results, performance or achievements to differ materially from those expressed or implied by the forward looking statements, including: discrepancies between actual and estimated results from exploration and development and operating risks, dependence on early exploration stage concessions; uninsurable risks; competition; regulatory restrictions, including environmental regulatory restrictions and liability; currency fluctuations; defective title to mineral claims or property and dependence on key employees. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
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.
Copyright (c) 2017 TheNewswire – All rights reserved.
- Published in Equitorial Exploration, Mining, News Home