Alliance Mining Receives Drill Permit for its 100% Owned Packsack Gold Property in Bissett Gold Camp, Manitoba
Momentum Public Relations
Press Release: February 23 2018
Alliance Mining Corp. (TSXV: ALM) has received a drill permit for its upcoming drill program on its Packsack gold property. Alliance has an option to acquire 100% of the Red Rice Lake gold property, located in the centre of Bissett gold camp in Manitoba, Canada.
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The Red Rice Lake gold property claims are located within the Archean Rice Lake greenstone belt in southeastern Manitoba. This belt forms part of the Uchi sub province that includes the Red Lake and Pickle Crow belts in Northwestern Ontario.
The Packsack property hosts several gold-bearing veins within a conjugate fracture set adjacent to the Red Rice shear zone. The structural control on veining at the Packsack property is similar to that at the True North Mine, 4 km northeast, operated by Klondex Mines Ltd.
Previous exploration on the Packsack property has been focused on the Big Dome Vein, with a shaft to 525 feet (160 metres) and 2,867 feet (874 metres) of drifting and crosscutting on 4 levels down to 500 feet (152 metres), all completed between 1936 and 1940.
Christopher Anderson, President and CEO, stated: “We are looking forward to receiving drill results from this promising gold property. This property has never been explored below the shaft that was sunk in the 1930’s.”
The company is anticipating its drill program will commence in the near future and will be releasing a more comprehensive description of drill targets and locations shortly.
Alliance is also pleased to announce that it has retained consulting geologist William C. Hood, P.Geo to supervise the Packsack drilling program and to assist with expanding Alliance’s involvement in the Bissett gold camp. Mr. Hood has four decades of mineral exploration experience and has supervised multiple drill and exploration programs in the Bissett gold camp.
Alliance is actively seeking to expand its presence in the Bissett Gold camp through future property acquisitions and/or potential joint venture exploration partnerships with neighbouring companies.
For more information, please visit the company’s website www.alliancemining.com, contact Christopher R. Anderson, President and CEO, at 604-488-3900 or email ir@alliancemining.com.
- Published in Alliance Mining
Tetra Bio-Pharma Announces the Completion of GrowPros Transaction
Momentum Public Relations
Press Release: February 22, 2018
Tetra Bio-Pharma Inc. (“Tetra” or the “Company”) (TSX-V:TBP) (OTCQB:TBPMF), a global leader in cannabinoid-based drug development and discovery, is pleased to announce the completion of the sale of its shares of GrowPros MMP Inc. (“GrowPros”) to North Bud Farms Inc. (the “Purchaser” or “North Bud”) as previously announced in Tetra’s December 21st, 2017 press release.
Transaction Details
As previously disclosed, Tetra will receive total proceeds in the amount of $350,000, including an initial $175,000 that was paid in December 2017, as well as 15,000,000 common shares of the Purchaser, representing approximately 41% of the Purchaser’s currently issued and outstanding share capital. It remains Tetra’s intention to have such shares be transferred to its shareholders as a dividend in kind on a pro-rata basis, concurrently with the proposed initial public offering of the Purchaser and listing of the shares of the Purchaser on a recognized Canadian stock exchange. The transaction is structured as a sale with a resolutory condition whereby, in the event that the initial public offering of the Purchaser is not completed prior to June 30, 2018 (or such other date as may be agreed upon by the Corporation and the Purchaser), the sale of the shares of GrowPros will be deemed to have never occurred and title to the shares of GrowPros will revert back to Tetra, and in turn GrowPros would then remain a wholly-owned subsidiary of Tetra.
As part of the transaction, North Bud has agreed to advance GrowPros’ late stage ACMPR application (submitted in November 2014) through the application process with Health Canada. In addition, the Purchaser intends to begin the phase 1 build out of a 50,000-square foot GMP grade indoor production facility in late Q1 2018. The facility is located on 130 acres of agricultural land in Venosta, Quebec (40 min north of Ottawa). The Purchaser believes that the property can be developed into a total of 1.5 million square feet of production space. The parties intend to enter into an agreement shortly so that Tetra will be granted access to future licenced cannabis production by GrowPros, securing another source of pharmaceutical GMP quality cannabis.
The cash proceeds will be used to further strengthen Tetra’s balance sheet and, most importantly, allow the Company to focus its activities on drug development and clinical trials of its pharmaceutical business. Tetra expects this transaction to generate long-term shareholder value by ensuring another supply of cannabis with pharmaceutical GMP quality for the pipeline of products under development.
Management Statement
“This is an important transaction for Tetra and our shareholders. Not only have we monetized an asset that brings immediate cash into the business but we also have an equity stake in North Bud that we intend to distribute to our shareholders. Of course, long term, securing an additional steady supply of dried cannabis is hugely beneficial for our pharmaceutical development programs. Finally, I am very excited that North Bud will be pushing forward the ACMPR application with Health Canada. This is a great day for all parties involved!” Says Bernard Fortier, CEO of Tetra.
About North Bud Farms:
North Bud is a partially owned subsidiary of North Bud Capital Holdings Ltd. North Bud intends to apply for a listing on a recognized Canadian stock exchange in Q2 2018. North Bud, in addition to its newly-acquired ownership of GrowPros, will be focused on GMP standardized pharma grade cannabis production as well as food grade cannabinoid infused inputs for both the international pharmaceutical market and the pending consumer goods and consumables segment of the recreational cannabis market.
About Tetra Bio-Pharma:
Tetra Bio-Pharma (TSX-V: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
For further information, please contact Tetra Bio-Pharma Inc.
Dr. Anne-Sophie Courtois, DVM
Vice President, Marketing & Communications
anne-sophie.courtois@tetrabiopharma.com
1 (438) 899-7575
- Published in Tetra Bio Pharma
Alliance Mining Receives Drill Permit for Packsack Gold Property, Bissett Gold Camp, Manitoba
Momentum Public Relations
Press Release: February 22 2018
Alliance Mining Corp. (TSX-v: ALM) (“Alliance” or the
“Company”) has received a drill permit for its upcoming drill program on its Packsack gold
property (part of the company’s Red Rice Lake gold property in Manitoba’s Bissett gold camp).
The Packsack property hosts several gold-bearing veins within a conjugate fracture set adjacent
to the Red Rice shear zone. Previous exploration on the Packsack property has been focused on
the Big Dome Vein, with a shaft to 525 ft (160 m) and 2867 ft (874 m) of drifting and
crosscutting on 4 levels down to 500 ft (152 m), all completed between 1936 and 1940. The
structural control on veining at the Packsack property is similar to that at the True North Mine, 4
km northeast, operated by Klondex Mines Ltd.
Taken February 20 2018 – Marking Proposed Packsack Drill hole #1
“We are looking forward to receiving drill results from this promising gold property’ said
Christopher Anderson, President of Alliance Mining Corp. “This property has never been
explored below the shaft that was sunk in the 1930’s.”
Alliance is anticipating its drill program will commence in the near future. The company will be
releasing a more comprehensive description of drill targets and locations shortly.
Alliance is also pleased to announce that it has retained consulting geologist William C. Hood,
P.Geo to supervise the Packsack drilling program and to assist with expanding Alliance’s
involvement in the Bissett gold camp. Mr. Hood has four decades of mineral exploration
experience and has supervised multiple drill and exploration programs in the Bissett gold camp.
Alliance Mining has an option to acquire 100 per cent of the Red Rice Lake property located in
the centre of the Bissett gold camp in Manitoba. The property is located close to the town of
Bissett, Man., and just four kilometres south from Klondex Mines' producing True North gold
mine. The Red Rice Lake gold property claims are located within the Archean Rice Lake
greenstone belt in southeastern Manitoba. This belt forms part of the Uchi sub province that
includes the Red Lake and Pickle Crow belts in Northwestern Ontario.
Alliance is actively seeking to expand its presence in the Bissett Gold camp through future
property acquisitions and/or potential joint venture exploration partnerships with neighbouring
companies. At present Alliance is actively working with its Manitoba based geological team to
prepare for its upcoming exploration program. Further information is available on Alliance’s
website at www.alliancemining.com.
William C. Hood, P.Geo, a qualified person as defined by National Instrument 43-101, is
responsible for the technical information contained in this news release.
ON BEHALF OF THE BOARD
“Christopher R. Anderson”
President, CEO and Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Alliance Mining Corp.
(604) 488-3900
- Published in Alliance Mining
New Molecules in Cannabis Discovered That Stimulate the Immune System to Destroy Tumor Cells
Momentum Public Relations
Blog: February 21, 2018
Medical Cannabis Going From Strength to Strength with New
Discovery by Pascal BioSciences
Scientific Proof of Efficacy Just Around the Corner as Canadian
Companies lead the Way
Global Cancer Drug Market expected to hit US$161. Billion in
2021
On February 21, 2018 the news broke that Vancouver-based Pascal
Biosciences, (TSXV: PAS) had identified molecules in cannabis
that stimulate the immune system to destroy tumor cells. It is the
first time that cannabinoids have been shown to activate an
immune system response.
The discovery is important because it works hand in hand with the
leading new class of cancer fighting agents known as checkpoint
inhibitors that activate the immune system to destroy cancer cells.
Using cannabinoids to enhance the recognition of cancer cells may
very well prove to enhance the efficacy of checkpoint inhibitors.
Checkpoint inhibitors are recently approved therapies that activate
the immune system to kill cancer cells. The three which are
currently on the market, Opdivo, Keytruda and Yervoy had over
US$ 6 billion in sales during 2017. Research is ongoing to develop
drugs that enhance checkpoint inhibitors. Pascal is the first to do
so.
Cannabinoids are the chemical compounds in the cannabis plant
with medical properties. More than a 100 different cannabinoid
compounds have been identified. While medical cannabis has been
available in Canada and the United States for some time its
availability and use has been based on anecdotal evidence.
Canada may very well become an international leader in medical
cannabis drug development. Tetra Bio-Pharma, (TSXV: TBP), for
instance is now conducting phase three clinical trials to prove the
safety and efficacy of a cannabinoid-based chronic and cancer pain
treatment, PPP001.
Zion Market Research predicted in 2016 that the global market for
cancer drugs would reach US$161.30 Billion by the end of 2021.
Because there has not yet been any scientific evidence that
cannabinoid-based drugs are effective or safe cannabinoid-based
treatments are in limbo. Once their safety and efficacy have been
proved they will be eligible to receive Health Canada, and in the
United States, FDA approval. This in turn will give them a Drug
Identification Number, (DIN), which in turn will allow them to be
prescribed by physicians and make them eligible for insurance
coverage.
Thanks to its phase three clinical trial to prove the safety and
efficacy of its smokable cancer and chronic pain treatment,
PPP001, it looks as if Tetra Bio-Pharma will be the first
biopharmaceutical to do so. Tetra also has a deep pipeline of
cannabinoid-based treatments for ailments such as PTSD,
anorexia, nausea and ocular pain. Tetra expects PPP001 to be on
the market as early as 2019 or at the latest during 2020.
Pascal has not yet started clinical trials.
- Published in Blog
Relevium Commences Trading on OTCQB
Momentum Public Relations
Press Release: February 20 2018
Relevium Technologies Inc. (TSX VENTURE:RLV)(OTCQB:RLLVF)(FRANKFURT:6BX) (the “Company” or “Relevium”), is pleased to announce that it has commenced trading on the OTCQB under the symbol RLLVF
Aurelio Useche, President and CEO of Relevium stated: “We have been focused on an industry and technologies that, from our analytics resonate very well in the U.S. market as that is the point of origin and a major market for e-commerce.” Mr. Useche continued: “Relevium is in the business of marketing products and brands. Our stock, our corporate vision is no different. Our core operational efforts have and will remain in the U.S. and it is only natural that we leverage that exposure with an OTCQB listing.”
The OTCQB Venture Market is for early-stage and developing U.S. and international companies. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual company verification and management certification process. The OTCQB quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.
Relevium Technologies will continue to trade and report on the TSX Venture Exchange under its existing symbol RLV.
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 release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, assumptions or expectations of future performance, including the timing and completion of the proposed acquisitions, are forward-looking statements and contain forward-looking information. Generally, forward- looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including the assumptions that the Company will obtain stock exchange approval of the Offering, the proposed acquisition will occur as anticipated, that the Company will raise sufficient funds, and that the Company will obtain all requisite approvals of the acquisition. These forward- looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, the risk that the proposed acquisitions may not occur as planned; the timing and receipt of requisite approvals and failure to raise sufficient funds under the Offering. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward- looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
On Behalf of the Board of Directors
RELEVIUM TECHNOLOGIES INC.
Aurelio Useche, President and CEO
For more information about this press release:
Relevium Technologies Inc.
+1.888.528.8687
investors@releviumcorp.com
www.releviumtechnologies.com
- Published in Relevium Technologies
Alliance Mining Initial Payment to Tiberius Gold Corp.
Momentum Public Relations
Press Release: February 20
Alliance Mining Corp. (TSX-v: ALM) (“Alliance” or the “Company”) is pleased to announce it has made the first payment of $250,000.00 by issuing 5 million common shares of its capital to Tiberius Gold Corp. in connection with the option agreement between Alliance Mining Corp. and Tiberius Gold Corp. Alliance may acquire 100 per cent of Tiberius’s property located in the centre of the Bissett gold mine camp in Manitoba. Under the agreement, Alliance may earn in a 100-per-cent interest in the property by making certain staged cash payments and/or share payments of common shares in the capital of Alliance to Tiberius over a four-year period equal to a total of $1.25-million as follows: (i) $250,000 in cash and/or common shares on or before 90 days of the TSX Venture Exchange’s approval of the transaction; (ii) $250,000 in cash and/or common shares on or before the first anniversary of the approval date; (iii) $250,000 in cash and/or common shares on or before the second anniversary of the approval date; $250,000 in cash and/or common shares on or before the third anniversary of the approval date; and $250,000 in cash and/or common shares on or before the fourth anniversary of the approval date.
The 5 million shares paid to Tiberius Gold Corp. are subject to a 4 month statutory hold period in accordance with applicable securities laws.
Alliance is actively seeking to expand its presence in the Bissett Gold camp through future property acquisitions and/or potential joint venture exploration partnerships with neighbouring companies. At present Alliance is actively working with its Manitoba based geological team to prepare for its upcoming exploration program.
Alliance Mining has an option to acquire 100 per cent of the Red Rice Lake property located in the centre of the Bissett gold camp in Manitoba. The property is located close to the town of Bissett, Man., and just four kilometres south of Klondex Mines’ producing True North gold mine.
The Red Rice Lake gold property claims are located within the Archean Rice Lake greenstone belt in southeastern Manitoba. This belt forms part of the Uchi sub province that includes the Red Lake and Pickle Crow belts in Northwestern Ontario.
ON BEHALF OF THE BOARD
Al Beaton PEng
Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Alliance Mining Corp.
(604) 488-3900
Investor Relations:
Antony Claydon: 604-445-5421
E-mail: ir@alliancemining.com
This press release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.
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.
Alliance Mining Corp.
888 Dunsmuir Street – Suite 888, Vancouver, B.C., V6C 3K4
To view the associated document to this release, please click on the following link:
public://news_release_pdf/AllianceMining02202018.pdf
To view the original release, please click here
Source: Alliance Mining Corp. (TSX Venture:ALM)
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- Published in Alliance Mining
Arctic Star Announces New Kimberlite Discovery in Finland
Momentum Public Relations
Press Release: February 20, 2018
Arctic Star Exploration Corp. (TSXV: ADD) (OTCQB: ASDZF) (FSE: 82A1) (WKN: A2DFY5) (“Arctic” or the “Company”) is pleased to announce a new kimberlite discovery as part of its ongoing diamond exploration program on its 100% owned Timantti Diamond Project in Finland (the “Project”). The kimberlite is near surface under very thin glacial overburden which was discovered in four separate 1 metre deep excavator pits all containing kimberlite. Roy Spencer, Country Manager, has named this new kimberlite discovery “Grey Wolf”. The new discovery is immediately being followed up with diamond drilling.
Arctic Star has collected a sample of approximately 150kg with an excavator for analysis, to establish whether this kimberlite body is diamondiferous. The Company is conducting two separate tests, one for diamonds using caustic fusion and a second separate test for kimberlite indicator minerals and mineral chemistry. The discovery is the result of a series of excavator pits in the same area of the Wolf kimberlites following up on the results of the on-going ground geophysical surveys.
Geophysical surveys on the Project are on-going and have located multiple new kimberlite drill targets which will be followed up with the excavator and or diamond drilling. The current drill program has just commenced, and the Company will continue to release material findings as the ongoing campaign progresses. A drill is immediately being mobilized to the new Grey Wolf discovery.
The Qualified Person for this news release is Roy Spencer, Fellow AUSIMM, a Geologist of over thirty years’ experience in diamonds.
About Arctic Star
The Company owns 100% of the recently acquired Timantti Diamond Project including a 243 Ha Exploration Permit and a 95,700 Ha Exploration Reservation near the township of Kuusamo, in Finland. The project is located approximately 450km SW of the operating Grib Diamond Mine in Russia. Arctic is commencing its exploration in Finland on the Timantti Project, where two diamondiferous kimberlites may represent the first finds in a large kimberlite field. The Company also controls diamond exploration properties in Nunavut (Stein), the NWT (Diagras and Redemption) and a rare metals project in BC (Cap).
Arctic Star has a highly experienced diamond exploration team previously responsible for several world class diamond discoveries.
ON BEHALF OF THE BOARD OF DIRECTORS OF ARCTIC STAR EXPLORATION CORP.
Scott Eldridge, President & CEO
+1 (604) 722-5381
scott@arcticstar.ca
Patrick Power, Executive Chairman
+1 (604) 218-8772
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: Certain statements in this press release are forward-looking statements within the meaning of applicable securities laws. Forward-looking statements in this press release include that the Timantti Project transaction is a pre-eminent opportunity.
- Published in Arctic Star Exploration
Osisko Gold Royalties Ltd. buys 25.3M Corex Gold shares
Momentum Public Relations
Press Release: February 16, 2018
Pursuant to National Instrument 62-103, The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, Alamos Gold Inc. is issuing this news release, having sold 25.3 million common shares of Corex Gold Corp., representing approximately 16.12 per cent of the outstanding shares of Corex by way of a private share purchase and sale agreement with Osisko Gold Royalties Ltd., at a price of 13 cents per common share for gross proceeds of $3,289,000. Following the transaction, Alamos will hold no shares in Corex.
The early warning report, as required under National Instrument 62-103, contains additional information with respect to the foregoing matters and will be filed by the company on Corex’s SEDAR profile.
Alamos carried out the transaction for investment purposes.
About Alamos Gold Inc.
Alamos is a Canadian-based intermediate gold producer with diversified production from four operating mines in North America. This includes the Young-Davidson and Island gold mines in Northern Ontario, Canada, and the Mulatos and El Chanate mines in Sonora state, Mexico. Additionally, the company has a significant portfolio of development-stage projects in Canada, Mexico, Turkey and the United States.
- Published in Corex Gold
Sun Life Signals the Start of Mass Medical Cannabis Market
Momentum Public Relations
Blog: February 16 2018
Sun Life Signals the Start of Mass Medical Cannabis Market
Aphria Becomes SAQ Recreational Marijuana Supplier
Tetra Bio-Pharma Receives Approval for Phase Three Medical Cannabis Cancer Chronic Pain Treatment
As the countdown to marijuana legalization accelerates the acceptance of medical cannabis has become more common. A defining moment has taken place with the decision by the Sun Life Assurance Company of Canada to include medical cannabis in group benefit health plans. It is the first Canadian insurance company to do so.
According to the Globe And Mail, employers will have the option of including medical cannabis coverage under an extended group health care benefit plan, starting on March 1, 2018.
As any Canadian knows Sun Life is a huge company. Its benefit plan serves 22,000 companies and covers more than five million employees and dependents.
In the Globe And Mail Story by Clare O’Hara, the senior vice-president of group benefits at Sun Life, Doug Jones, is reported to have said that the company decided to include medical cannabis coverage in its group benefit health plans because the companies it offered coverage to were asking about cannabis coverage on an increasing basis.
Employers will now have the choice about whether to include medical cannabis coverage and up to what level. Under the new system, coverage will be available from $1,500 to $6,000. So far coverage is going to be extended to five severe conditions including chronic cancer pain, nausea associated with chemotherapy and palliative care.
Eight Capital has predicted the international medical cannabis market at C$180 Billion within 10-15 Years.
Sun Life obviously sees medical cannabis coverage as a valuable commodity either in terms of customer retention or customer acquisition.
A significant factor in all of this is that Sun Life is offering coverage without the benefit of a DIN number. DIN stands for drug identification number. A DIN number is awarded to a drug that has successfully gone through clinical testing and been approved by Health Canada in Canada or the Food and Drug Administration in the United States.
Once a drug has a DIN number it can be legally prescribed by doctors and covered under insurance plans. While Canada has been allowing the sale of medical marijuana through licensed growers nobody yet has actually proved that medical marijuana works.
That is about to change. Montreal-based Tetra Bio-Pharma, (TSXV: TBP) (OTCQB: TBPMF) has just received Health Canada approval for the phase 3 clinical trial of a smokable dried cannabis prescription drug. The drug, now known as PPP001, targets chronic pain, as well as pain associated with advanced cancer.
The clinical testing is designed to prove the safety and efficacy of medical cannabis and specifically of PPP001. Tetra Bio-Pharma CEO Bernard Fortier describes it like this: “It will be a landmark trial. It will be a landmark approval. It will be the first smokable cannabis drug that will be approved, as a legitimate drug, to be prescribed by physicians.”
Tetra has a strong development pipeline featuring drugs that treat chronic pain, nausea, insomnia, PTSD, and eye ailments. As CEO Bernard Fortier says, “We are not a one molecule company.”
In late 2017 Tetra launched its first product, the trademarked Rx Princeps, a unique blend of dried medical marijuana used in its ongoing clinical trials for PPP001, a chronic pain treatment for terminal cancer patients. Rx Princeps is available for registered medical marijuana users in Canada through Tetra’s partner and licensed medical cannabis producer Aphria Inc.
Aphria, (TSXV: APH) (USOTC:APHQF) has recently been snapping up other licensed growers in the industry and is Canada’s lowest cost cannabis producer. It has also just signed a deal to become one of the six licensed growers chosen to provide marijuana to Quebec’s Societe des alcohols du Quebec (SAQ), the provincial liquor agency chosen to also distribute marijuana when legalization comes into effect. Aphria will be providing up to 12,000 Kgs of marijuana to Quebec annually.
With six different growers all offering different types of marijuana it would seem fair that Quebec is going to treat marijuana much as it does wine by providing a wide variety of product. Marijuana has come a long way but it still offers an investment opportunity in either producers or drug development companies like Tetra that may not come again.
- Published in Blog, Medical Marijuana, News Home, Tetra Bio Pharma
Defiance Silver appoints Hawley interim president, CEO
Momentum Public Relations
Press Release: February 15 2018
Defiance Silver Corp. has appointed Peter Hawley as interim president and chief executive officer. Mr. Hawley is currently the chairman of the board, and an integral part of the Defiance team with over 36 years of geological and mining experience spanning grassroots exploration through to development and production.
Mr. Hawley, BSc, BEng, PGeo, has worked extensively with a large number of intermediate and senior mining companies including Teck, Noranda, Placer Dome and Barrick Gold. Mr. Hawley was also the founder and chairman of Scorpio Mining Corp. from 1998 to December, 2014, when Scorpio combined with U.S. Gold and Silver Inc. to form Americas Silver Corp., where he still remains a director. Mr. Hawley has a record of raising significant funds for private and public companies along with structuring mergers and acquisitions.
“I look forward to continue working with Defiance’s team in advancing the San Acacio deposit to become the next premier wide-vein, high-grade silver deposit in Zacatecas, Mexico,” commented Mr. Hawley. “The San Acacio project has only scratched the surface, hence, our focus is to develop additional planned exploration programs to extend the zones of mineralization at depth and along strike, and target several new zones that have seen limited modern exploration.”
In connection with the appointment, Defiance also announces that it has granted incentive stock options to purchase up to an aggregate of 135,000 shares exercisable for five years at a price of 35 cents per share to Mr. Hawley.
Defiance Silver 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 record of exploring and developing seven 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.
- Published in Defiance Silver