Mobi724 Global Solutions Inc. (MOS:CSE) gets research coverage on WallStreetResearch.org
WallStreet Research Initiates Corporate Profile Update On Mobi724 Global Solutions, Inc. (MOS:CSE)
– Momentum Public Relations –
Research Coverage: Mobi724 Global Solutions
Mobi724GlobalSolutions.com (MOS:CSE), is a leader in the Fintech industry based in Montreal (Canada) and offers a unique and fully integrated suite of Payment & Digital Marketing solutions.
Wall Street Research initiated coverage of Mobi724 and wrote an initial ‘Corporate Profile’ to help US investors understand the opportunity. The major highlight for investors to take note of is that conservatively it was concluded that Mobi724’s valuation should be approximately $23million. Currently it is sitting between $5 and 6 million. Mobi724 is undervalued although it had strong revenue growth of 707{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} over past year and raised over $2.5million in capital over the last 9 months. The FinTech investing space is estimated to be worth over $20billion and is growing rapidly. With the additional visibility in the US and investors understanding the quickly rising valuation, Mobi724 represents exceptional upside potential.
View the The Wall Street Research:
Mobi724 Global Solutions, Inc. has recently registered with the SEC to be listed on the OTCQB – View Here
This initiative to list on the OTCQB was taken because of a visible increase in demand from the US investment market. As CEO Marcel Vienneau stated:
“Following interest from US investors, brokers and investment bankers, the company has decided to proceed with co listing application of the company on the OTCQB venture markets. We are optimistic that this initiative will give our company more visibility in a market where the Fintech sector is thriving. We want to leverage the additional visibility that this platform will give us in the small cap audience across the border. This is an important part of our 2017 strategy to get more visibility of our company to this target audience. We believe that this could bring more efficiencies to our stock trading as well. I am doing a multi city investor road show in the USA this week to kick off this initiative”
About WallStreetResearch.org
WallStreet Research™ (WSR) is a top ranked independent research firm with a history spanning over three decades. WSR provides the global investment community with independent analyst research reports, corporate profiles and newsletters of selected quality emerging growth companies.
With the #1 ranking on Google, Yahoo and Bing search engines, WallStreet Research effectively initiates coverage on emerging companies that offer remarkable gain potential. This has resulted in WSR achieving one of the best track records in the small cap investment market place. Our distribution is extensive and global, far outpacing our competitors, due to our long history, superior brand name, extensive proprietary database, our #1 search engine rankings, and strong capital position.
About Mobi724 Global Solutions
MOBI724 Global Solutions Inc. (CSE:MOS), a leader in the Fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of Payment & Digital Marketing solutions.
We are innovating in our market with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. We pioneered in adding intelligence to all types of transactions benefiting banks, retailers and cardholders. We succeed in leveraging all available user and purchasing data to increase transaction volumes and spend.
MOBI724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. Our easy-to-adapt gateway Switch is designed for easy integration with all payment protocols in our target markets.
Within the same solution suite we combined our Card Linked Offers solution, and provided financial institutions´ payment card portfolios and retailers the ability to add offers and/or coupons which can be redeemed directly at the Point of Sale, in a seamless user experience for all the parties in the eco-system.
MOBI724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale (POS).
The Corporation provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to ANY mobile device and allow its redemption at ANY point of sales.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
MOBI724’s PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
For more information on its products and on MOBI724 Global Solutions, visit www.mobi724globalsolutions.com.
- Published in Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home, Technology, Uncategorized
Namaste Brings PAX 3 to Domestic and International Market
Namaste Brings PAX 3 to Domestic and International Market
– Momentum Public Relations –
Press Release: December 05, 2016
Namaste Technologies Inc. (“Namaste” or “Company”) (CSE:N) (CSE:N.CN) (FRANKFURT:M5BQ) is pleased to announce, alongside PAX Labs, Inc. (“PAX”), the commercialization of the PAX 3 vaporizer, the latest version of PAX’s award winning premium vaporizer that has sold over one million units to date. As the leading e-commerce company in the vaporizers and accessories industry, Namaste will assume an active role in bringing the PAX 3 to market in North America and over 20 countries internationally. The commercialization of the PAX 3 coincides with the upcoming holiday season. It is anticipated the product will be one of Namaste’s best selling during this period and going forward. Namaste will distribute promotional materials on the PAX 3 to its customer list of approximately 250 thousand individuals and will provide full customer support for the product.
The product can be purchased on Namaste’s sites at www.namastevapes.ca/products/pax-3-vaporizer or www.namastevaporizers.com/collections/pax.
Sean Dollinger, President and CEO of Namaste, comments: “As Namaste grows, we are continually building our relationships with best-in-class manufactutuers within the industry. Our expanded relationship with PAX, the manufactutuer of the best selling and one of the most innovioative vaporizers in the world, is teastimant to our increased industry profile. We look forward to further expanding our relationship with PAX and making the PAX 3 a great success for both our companies.”
PAX 3
Representing a milestone evolution for PAX’s flagship product, PAX 3 is a dual-use vaporizer for loose-leaf and concentrate materials. PAX 3 offers rapid selection between three different, easily changed ovens: a full-size oven, a half-pack oven and a new concentrate oven. PAX 3’s new heating system provides double the power of PAX 2, delivering a smooth, consistent vapor in as little as 15 seconds, with instant subsequent vapor delivery. Also, new to PAX 3, haptic feedback indicates when vapor is ready, when the device enters standby mode, and when it’s turned off. This third generation device retains distinctive features of the category defining PAX devices, including an internal accelerometer for energy and material saving features, intuitive gestural control, proprietary lip sensing technology for further flavor optimization, and a full color LED interface to indicate temperature, battery life and more.
PAX 3 is compatible with the PAX Vapor app, enabling consumers to further customize their device. Additional app features available for PAX 3 include dynamic modes: predesigned vapor experiences for distinct occasions that optimize temperature settings, vapor production and LED brightness. PAX 3 is designed with a mirror polished anodized aluminum shell and comes in Black, Gold, Silver and limited edition Rose Gold.
PAX 3 is meticulously engineered with the highest quality materials and components and comes with a 10 year warranty with ongoing customer support and service.
About PAX Labs
PAX Labs is making smoking obsolete. Founded in 2007 by two Stanford graduates, the company is a leader in portable heat-not-burn, vaporization technology. Headquartered in San Francisco, PAX Labs has revolutionized the smoking industry by offering new, heat-non-burn experiences under the PAX and JUUL brands. With technology innovation and product design at the forefront, PAX Labs has sold over one million PAX devices in the loose-leaf vaporizer category and JUUL is the number two selling U.S.-based independent e-cigarette. Drawing on the successful business and technology design of JUUL, PAX Era, a seamless extract pod system for extracts, was introduced in September 2016. PAX and JUUL have received standout reviews from leading media and were both winners of the 2016 iF DESIGN AWARD.
About Namaste Technologies Inc.
Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has 26 ecommerce 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
Further information on the Company and its products can be accessed through the link below:
- Published in Namaste Technologies, News Home, Technology
Mobi724 Global Solutions Inc. (CSE:MOS) files application for OTCQB joint listing
Mobi724 Global Solutions Inc. (CSE:MOS) files application for OTCQB joint listing in New York
– Momentum Public Relations –
Press Release: December 5, 2016
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (CSE:MOS)(CSE:MOS.CN), a Fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing, has filed its application to jointly list the company on the OTCQB venture markets platform.
“Following interest from US investors, brokers and investment bankers, the company has decided to proceed with co listing application of the company on the OTCQB venture markets. We are optimistic that this initiative will give our company more visibility in a market where the Fintech sector is thriving. We want to leverage the additional visibility that this platform will give us in the small cap audience across the border. This is an important part of our 2017 strategy to get more visibility of our company to this target audience. We believe that this could bring more efficiencies to our stock trading as well. I am doing a multi city investor road show in the USA this week to kick off this initiative” says Marcel Vienneau – CEO.
About OTC Markets Group
Empowering the Intelligent Investor
OTC Markets Group’s financial markets provide investors with the information necessary to intelligently analyze, value and trade 10,000 U.S. and global securities through the broker of their choice.
To create clarity in the investment process, we organize these securities into three tiered markets – OTCQX, OTCQB and Pink – based on the quality and quantity of information the companies make available.
Our markets empower companies to provide the levels of transparency necessary to create more efficient markets. Together with our SEC regulated Alternative Trading System, OTC Link® ATS, the combined transparency and transactional efficiency creates a compelling trading experience for investors.
OTC Markets Group provides services in three areas essential to creating better informed and more efficient financial marketplaces: Issuer Services, Trading Services, and Market Data Services.
OTC Markets Group (OTCQX: OTCM) is a public company traded on OTCQX under the symbol OTCM.
Please see our Investor Relations section for more information on OTC Markets Group.
About Mobi724 Global Solutions
MOBI724 Global Solutions Inc. (CSE:MOS), a leader in the Fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of Payment & Digital Marketing solutions.
We are innovating in our market with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. We pioneered in adding intelligence to all types of transactions benefiting banks, retailers and cardholders. We succeed in leveraging all available user and purchasing data to increase transaction volumes and spend.
MOBI724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. Our easy-to-adapt gateway Switch is designed for easy integration with all payment protocols in our target markets.
Within the same solution suite we combined our Card Linked Offers solution, and provided financial institutions´ payment card portfolios and retailers the ability to add offers and/or coupons which can be redeemed directly at the Point of Sale, in a seamless user experience for all the parties in the eco-system.
MOBI724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale (POS).
The Corporation provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to ANY mobile device and allow its redemption at ANY point of sales.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
MOBI724’s PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
For more information on its products and on MOBI724 Global Solutions, visit www.mobi724globalsolutions.com.
- Published in Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home, Technology
IWS Interview on Bloomberg TV
IWS Interview on Bloomberg TV
– Momentum Public Relations –
Press Release: December 2, 2016
International Wastewater Systems Inc. (“IWS” or the “Company”) (CSE:IWS)(CSE:IWS.CN)(CNSX:IWS)(FRANKFURT:IWI)(OTC PINK:INTWF) is pleased to announce that IWS Founder and CEO Mr. Lynn Mueller will be interviewed on Bloomberg TV Canada (“Bloomberg”) on December 6th, 2016.
The interview with Mr. Mueller will be featured on the Bloomberg North show, for a special edition of the program focusing on innovative clean technology companies that are reshaping the way we live our lives. The show is hosted by Bloomberg contributor Anthony Lacavera who is the founder of Globalive Capital and a regular Bloomberg commentator on innovation, technology and investing.
The interview will focus on IWS’s innovative sewage heat recovery systems and the Company’s rapid growth from a Canadian-based business to a world leader with operations and clients across the globe.
The show will air on Bloomberg TV Canada at 6.00pm EST on Tuesday December 6th, 2016. Bloomberg TV Canada reaches nearly 7 million Canadian households, and through its partners can reach up to 350 million+ households and businesses worldwide.
ON BEHALF OF THE BOARD
Lynn Mueller, Chairman and Chief Executive Officer
About International Wastewater Systems Inc.
International Wastewater Systems Inc. is a world leader in thermal 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. IWS is publicly traded in Canada (CSE:IWS), the United States (OTC PINK:INTWF) and Germany (FRANKFURT:IWI).
- Published in Blog, Green Technology, International Wastewater Systems, News Home, Technology
Namaste (N:CSE) Establishes Channel on Peeks Social Commerce Platform
Namaste Establishes Channel on Peeks Social Commerce Platform
– Momentum Public Relations –
Press Release: December 1, 2016
Namaste Technologies Inc. (“Namaste”) (CSE:N)(CSE:N.CN)(FRANKFURT:M5BQ) is pleased to announce that it has entered an agreement with Keek Inc., the online social commerce company that is monetizing Peeks, an e-commerce enabled platform that allows users to livestream personal interactive e-commerce enabled mobile broadcasts. Namaste has established a channel on the peeks platform and will received exposure to Peek’s global user base of over 75 million registered users in approximately 100 countries.
Pursuant to the terms of the agreement, Peeks shall offer Namaste a premium position within its upcoming discovery channel that will cater towards multiple media partners, user generated content and highlighted e-commerce partners who will be able to monetize their live and archived videos. One of the upcoming discovery channel categories will focus on legalized cannabis and will feature Namaste as a premier e-commerce partner within that channel. Furthermore, Peeks will enlist social influencers that will participate in promoting the purchase of products through the Peeks Offer-Box technology. By simply tapping their screen, viewers inside Peeks can purchase influencer endorsed products provided by Namaste.
Management Commentary
Sean Dollinger, President and CEO of Namaste, comments: “We are very pleased to launch on the Peeks platform. We see significant opportunity to generate revenue through this application and plan to work with multiple high-profile influencers to affectively convert Peek’s 75 million registered users into exponential sales growth.”
About Keek Inc.
Keek’s core business is the developing of an online social video platform for both web and mobile with an emphasis on mobile which allows users to upload and share personal videos of themselves or events surrounding them, their self-expression. Keek has developed a global video social network, enabled over the Internet and on mobile devices around the world. Since inception, Keek’s community has grown to over 75 million registered users across 6 global regions including North America, South America, Europe, Middle East, Asia/Oceania, and Africa. Keek has also began an integration of Peeks livestreaming technology. Peeks is described as an e-commerce enabled platform that allows users to livestream personal interactive e-commerce enabled mobile broadcasts.
About Namaste Technologies Inc.
Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has 26 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
Further information on the company and its products can be accessed through the link below:
- Published in Namaste Technologies, News Home
IWS Announces Private Placement Financing
IWS Announces Private Placement Financing
– Momentum Public Relations –
Press Release: December 1, 2016
International Wastewater Systems Inc. (the “Company”) (CSE:IWS)(FRANKFURT:IWI)(OTC PINK:INTWF) is pleased to announce a private placement of common shares for gross proceeds of up to $4,050,000 at a price of $0.30 per share (the “Placement”).
The Placement will be offered in two tranches. The first tranche consists of a non-brokered private placement of up 5,000,000 shares at a price of $0.30 per share for gross proceeds of up to $1,500,000 (“Non-Brokered Tranche”). The second tranche consists of a brokered private placement of up to 8,500,000 shares at a price of $0.30 for gross proceeds of up to $2,550,000 (“Brokered Tranche”). Investor warrants will not be issued in the Placement.
The Company has engaged Haywood Securities Inc. (“Haywood”) to lead the Brokered Tranche on a best efforts basis. A cash commission equal to 7.5{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the gross proceeds of the Brokered Tranche, and broker’s warrants equal to 7.5{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the number of shares placed under the Brokered Tranche will be payable to Haywood, along with a work fee of $15,000. The Company will grant Haywood an option, exercisable in whole or in part to sell up to an additional 15{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the proposed Brokered Tranche. Fees will also be payable in connection with the Non-Brokered Tranche.
All securities distributed pursuant to the Placement will be subject to a statutory hold period of four months and a day from the date of issuance. The Placement will not be offered in the United States. Closing of the Placement is subject to receipt of all necessary regulatory approvals.
The Company intends to use proceeds from the Placement to fulfill its pipeline of projects in Canada, the United States, Scotland, England, Australia and China, and for general corporate purposes.
ON BEHALF OF THE BOARD
Lynn Mueller, Chairman and Chief Executive Officer
About International Wastewater Systems Inc.
International Wastewater Systems Inc. is a world leader in thermal 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. IWS is publicly traded in Canada (CSE:IWS), the United States (OTC PINK:INTWF) and Germany (FRANKFURT:IWI).
- Published in International Wastewater Systems, News Home
Canamex (CSQ:TSXV) Provides Update on Financing and Drilling
Canamex (CSQ:TSXV) Provides Update on Financing and Drilling
– Momentum Public Relations –
Press Release: November 30, 2016
Canamex Resources Corp. (“Canamex” or the “Company”) (TSX-V: CSQ) (OTCQX: CNMXF) (FSE: CX6) would like to provide shareholders and investors with the following update on its private placements and fall drilling campaign.
Financing Update
As announced in its October 25, 2016 news release, Canamex closed the first tranche of two private placements for gross proceeds of $4,955,350. Canamex intends to close a second tranche of these two private placements shortly in the month of December, on the same terms as previously announced in its October 17 and October 25, 2016 news releases, for a maximum amount of $1,244,650 so that the total raised in both tranches of the private placements will be a maximum of $6,200,000. All figures in this news release are in Canadian dollars unless otherwise specified.
On October 25, 2016, Canamex issued a principal amount of $4,239,000 of secured convertible debentures (“Debentures”), maturing on October 25, 2019. The Company intends to close a second tranche for a maximum principal amount of $961,000 of Debentures (“Debenture Offering”) so that the maximum amount raised in both tranches of this private placement of Debentures will be $5,200,000. The terms of the Debenture Offering are outlined below.
The Debentures to be issued in the second tranche of the Debenture Offering will mature in three years after closing of the Debenture Offering (“Debenture Maturity Date”). From and after the date of issue of the Debentures until the Debenture Maturity Date, the Debentures will be convertible into common shares of Canamex (“Shares”) at the option of the holder at a conversion price of $0.16 per Share (the “Conversion Price”), being 6,250 shares per $1,000 principal amount of Debentures.
Interest on the Debentures shall be paid annually in arrears, at an annual interest rate of 7{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}. The Company will have the option, in its sole discretion, to pay the interest in Shares of the Company, subject to acceptance by the TSX-V. In the event Canamex opts to pay the interest in Shares instead of cash, the interest rate shall increase to 10{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} per annum in respect of such interest payment in Shares.
In the event that the Company has not entered into a definitive joint venture agreement in respect of the Bruner Gold Property (“JV Agreement”) on or before the date that is six months after the closing date of the Debenture Offering, the interest rate on the Debentures will thereafter be increased by 1{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} and will be subsequently increased by an additional 1{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} immediately following the end of each six month period during the term of the Debentures if at such time the JV Agreement has not been entered into.
In addition, the holders of the Debentures will receive 6,250 warrants (“Warrants”) per $1,000 principal amount of Debentures. The Warrants will have a strike price of $0.20 and expire on the Debenture Maturity Date.
On a date that is 24 months after closing of the Debenture Offering, the Debenture holders may request that the Company repay the Debentures within 20 business days (“Put Feature”). The Debenture holders will only be allowed to utilize the Put Feature on one specific date.
After 24 months from closing of the Debenture Offering, if the Shares of Canamex trade at or above $0.64 on a 30-day VWAP (volume-weighted average price) basis on the TSX-V, then the Company can force the conversion of the Debentures by giving the Debenture holders 10 days’ notice.
The Debentures shall have a first ranking security over the Company’s interest in its joint venture with Provex Resources Inc. (“Provex”) in respect of the Bruner Gold Property. While Canamex and Provex are in a joint venture at present, a formal joint venture agreement between the parties has yet to be completed.
Proceeds of the Debenture Offering will be used for permitting, drilling and metallurgy at the Company’s Bruner Gold Property in Nye County, Nevada, and for general working capital.
The Company may pay to qualified parties, and subject to the requirements of applicable securities laws, finders’ fees of up to 2{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} in cash and 375 Warrants per $1,000 principal amount of Debentures.
On October 25, 2016, Canamex also closed the first tranche of a non-brokered private placement for gross proceeds of $716,350. The Company issued a total of 4,477,188 units of the Company (“Units”) at a price of $0.16 per Unit. Each Unit is comprised of one (1) common share and one (1) transferable share purchase warrant (“Unit Warrant”). Each Unit Warrant entitles the holder to purchase one (1) additional common share (the “Unit Warrant Share”) at a price of $0.20 per Unit Warrant share for five (5) years from the date of issuance of the Unit Warrant.
The Company intends to close a second tranche of Unit financing (“Unit Offering”) for maximum gross proceeds of $283,650 through the issuance of a maximum of 1,772,812 Units. The total amount raised in both tranches of the Unit Offering would be a maximum of $1,000,000, representing 6,250,000 Units.
The Company may pay to qualified parties, and subject to the requirements of applicable securities laws, finders’ fees of up to 7{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} in cash and/or 7{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} in Warrants.
In addition, in accordance with an agreement the Company has with Hecla Canada Ltd. (refer to CSQ News Release dated November 19, 2012), Hecla holds a pre-emptive right so long as it holds more than 10{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of Canamex’s outstanding shares (on an undiluted basis). In this regard, Hecla has the right (but not the obligation) to participate in equity offerings of Canamex in order to maintain Hecla’s pro-rata equity interest in Canamex.
The proceeds from the Unit Offering will be used for permitting, drilling and metallurgy at the Company’s Bruner Gold Property in Nye County, Nevada, and for general working capital.
With respect to both the Debenture Offering and the Unit Offering, under applicable Canadian securities law the securities and underlying securities to be issued will be subject to a hold period of four months and a day from the date of issuance of the securities, and will be subject to such further restrictions on resale as may apply under applicable foreign securities laws.
Drilling Update
As a follow up to its news release of November 8, 2016, Canamex is pleased to inform shareholders and investors that drilling was completed on November 16, 2016 on the Bruner Gold Property in Nye County, Nevada. A total of 23 reverse circulation (“RC”) holes, representing a total of 1,850 metres (6,060 feet), were drilled into the Paymaster resource area and 3 RC groundwater test holes, representing a total of 450 metres (1,500 feet), were drilled in the proposed leach pad and pond area. None of the groundwater test holes his groundwater within 150 metres (500 feet). This is good news for the Company as this will negate the need for groundwater monitoring wells for development. Assays from all holes are expected by the end of December 2016.
Greg Hahn, President and COO and a Certified Professional Geologist (#7122) is the Qualified Person under NI43-101 responsible for preparing and reviewing the technical data contained in this press release
For more info on Canamex Resources, go to: www.canamex.us
- Published in Canamex Resources Corp., Mining, News Home
Mobi724 Global Solutions Inc. (MOS:CSE) Q3 financial release – revenues increase by 707
Mobi724 Global Solutions Inc. (CSE:MOS) Q3 financial release – revenues increase by 707{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} and net loss decrease by 13{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} over 9 months
– Momentum Public Relations –
Press Release: November 30, 2016
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (CSE:MOS) (CSE:MOS.CN), a Fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing, has filed its Q3 financial results for quarter ending on September 30 2016.
Nine-Month Year-to-Date 2016 Highlights
- Revenue grew 707{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} to $1.924M in 2016 from $272K in 2015
- Net operating loss decreased by 13{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} to $1.885M from $2.160M in 2015
Nine-month period | ||||
2016 | 2015 | |||
$ | $ | |||
Revenues | 1 924 243 | 271 505 | ||
Total operating expenses | 3 808 859 | 2 432 043 | ||
Operating income (loss) | (1 884 616 | ) | (2 160 538) | |
Net financial expenses (income) | 771 074 | (78 780) | ||
Net income (loss) before income taxes | (2 655 690 | ) | (2 081 758) | |
Income tax expense (recovery) | 5 554 | 5 327 | ||
Recovery of deferred tax | (101 940 | ) | (101 940) | |
(96 386 | ) | (96 613) | ||
Net income (loss) | (2 559 304 | ) | (1 985 145) | |
Earnings (loss) per share (Note 12) | ||||
Basic and diluted | (0,03 | ) | (0,04) | |
Weighted average number of outstanding common shares (Note 12) | ||||
Basic and Diluted | 100 739 716 | 55 458 265 |
“These results reconfirms that our value creation strategy is gaining momentum. Our progress in our sales pipeline is such that we believe that 2017 will be a banner year for the company. We are about embarking on a USA and Canadian road shows to the investment communities so that they can better understand and appreciate our growth trajectory. We are expanding our talent pool and new key team members will be announced soon. The management and the board have focused on setting the stage for solid value creation in the coming year” says Marcel Vienneau – CEO.
About Mobi724 Global Solutions
MOBI724 Global Solutions Inc. (CSE:MOS), a leader in the Fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of Payment & Digital Marketing solutions.
We are innovating in our market with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. We pioneered in adding intelligence to all types of transactions benefiting banks, retailers and cardholders. We succeed in leveraging all available user and purchasing data to increase transaction volumes and spend.
MOBI724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. Our easy-to-adapt gateway Switch is designed for easy integration with all payment protocols in our target markets.
Within the same solution suite we combined our Card Linked Offers solution, and provided financial institutions´ payment card portfolios and retailers the ability to add offers and/or coupons which can be redeemed directly at the Point of Sale, in a seamless user experience for all the parties in the eco-system.
MOBI724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale (POS).
The Corporation provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to ANY mobile device and allow its redemption at ANY point of sales.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
MOBI724’s PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
- Published in Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home, Technology
Namaste (N:CSE) Approved to Distribute Through eBay
Namaste Approved to Distribute Through eBay
– Momentum Public Relations –
Press Release: November 29, 2016
Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N)(CSE:N.CN)(FRANKFURT:M5BQ) is pleased to announce that it has been approved to distribute its products through eBay Inc. (“eBay”), a global commerce leader that connects millions of buyers and sellers around the world. As one of a select number of companies in the vaporizers and accessories industry to be permitted to distribute through eBay’s marketplace, Namaste will list its products under the recently launched vaporizers and e-cigarettes category.
Namaste will be required to keep sufficient product inventory on hand in the anticipation of increased demand through eBay’s marketplace and ensure adherence to all applicable category policies.
Management Commentary
Sean Dollinger, President and CEO of Namaste, comments: “We are very pleased to be one of a select few companies in our industry to be permitted to distribute our products through eBay. As a household name, we are also pleased to see the launch of a new product category from eBay to specifically address the growing demand for our products. We anticipate being able to significantly increase sales through the eBay marketplace.”
About eBay Inc.
eBay Inc. is a global commerce leader that includes Marketplace, StubHub and Classifieds platforms. Collectively, the platforms connect millions of buyers and sellers around the world. The technologies and services that power these platforms are designed to enable sellers worldwide to organize and offer their inventory for sale and buyers to find and buy it virtually anytime and anywhere. The Marketplace platforms include the online marketplace located at www.ebay.com, its localized counterparts and the eBay mobile apps; which are among the world’s largest and most vibrant marketplaces for discovering great value and unique selection.
About Namaste Technologies Inc.
Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has 26 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
Further information on the company and its products can be accessed through the link below:
- Published in Namaste Technologies, News Home
Sage Gold (SGX:tsxv) Receives $4.39M First Tranche of Gold Prepayment Facility
Sage Receives First Tranche of the Gold Prepayment Facility
– Momentum Public Relations –
Press Release: November 28, 2016
Sage Gold Inc. (the “Corporation” or “Sage”) (TSX VENTURE:SGX) is pleased to announce that it has received the first tranche of C$4.39 million under its C$9.65 million gold prepayment facility with Cartesian Royalty Holdings Pte. Ltd. (“CRH”) entered into on November 17, 2016. The first tranche will fund capital expenditures at Clavos and retire the Corporation’s secured debt.
The equity investment and gold prepayment facility provided by CRH secures a full funding package to bring Clavos back into production. Since September 29th 2016, Sage has completed the following transactions and begun the process of restarting the Clavos project:
- Purchased the 40{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} minority interest in Clavos from Kirkland Lake Gold Inc. for C$1.0 million. Sage now owns 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of Clavos
- Received a Change in Project Status for Clavos and is now permitted for production
- Completed a C$1.85 million equity placement with CRH
- Signed a binding toll milling agreement with Primero Mining Corp.’s Stock Mill
- Executed a C$9.65 million Gold Prepayment Agreement with CRH and received the first tranche of C$4.39 million
- Retired the secured debt
Nigel Lees, President and CEO stated, “We are looking forward to dewatering and rehabilitating the underground workings at Clavos which will allow the Corporation to begin to define the stope blocks and provide underground drill stations to test the down plunge extensions of the existing zones. The change of project status allows Sage to produce up to 700 tonnes a day.”
The prepayment facility of C$9.65 million is part of an overall financing package of C$11.5 million as announced on September 30, 2016 between Sage and Cartesian Royalty Holdings Pte. Ltd. (“CRH”).
Sage currently plans to complete a reserve estimate and a prefeasibility study regarding the Clavos project. In the event that a production decision is made that is not based on a feasibility study of mineral reserves demonstrating economic and technical viability prepared in accordance with National Instrument 43-101, readers are cautioned that there is increased uncertainty and higher risk of economic and technical failure associated with such production decisions.
About CRH
CRH Mezzanine and CRH Funding are wholly-owned subsidiaries of Cartesian Royalty Holdings Pte. Ltd. (“CRH”). CRH offers innovative financing structures with the goal of creating long-term growth and value in world-class gold projects around the globe. CRH is an affiliate of Cartesian Capital Group, LLC, a global private equity firm with proven expertise in assisting closely-held companies develop into global market leaders. Cartesian Capital Group manages more than US$2.4 billion in capital and has offices in New York, Sao Paulo, Shanghai, Warsaw, and Bermuda.
About Sage Gold Inc.
The Corporation 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 100 {92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} owned Clavos Gold property in Timmins and the 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} owned Onaman copper, gold, silver 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.