IWS Featured on Business News Network (BNN)
International Wastewater Systems (IWS:CSE) Featured on Business News Network (BNN)
– Momentum Public Relations –
IWS was selected to be featured in an episode of Business Television (BTV) that will air on Canadian cable television on the Business News Network (BNN) and on U.S. cable television on the Biz Television Network.
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Here’s your early access to the clip now:
http://video.b-tv.com/previews/uKxbtt8o-oN97cVjN
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: INTWF) and Germany (Frankfurt: IWI). For more: www.sewageheatrecovery.com/
- Published in Blog, Green Technology, International Wastewater Systems, News Home, Technology
HealthSpace Announces Two Additional Washington Clients and Grants Incentive Stock Options and Restricted Stock Units
VANCOUVER, BC / TheNewswire / November 24, 2016 – HealthSpace Data Systems Ltd. (the “Company” or “HealthSpace”) is pleased to announce two new clients from the state of Washington. Clallam County Health & Human Services Department as well as Grant County Health District have signed contracts with HealthSpace in which the Company will provide its Environmental Health System for health protection and regulatory enforcement in both of those communities. Clallam County is located on the Olympic Peninsula and the county seat is Port Angeles. Grant County Health District provides services to the residents of Grant County and is headquartered in Moses Lake, WA.
HealthSpace President, Joseph Willmott commented, “we are pleas e to welcome these organizations to our growing client list and we look forward to working with them.”
The Company also announces that it has granted stock options and restricted stock units to directors, officers, employees and consultants of the Company. The stock options granted allow the optionees the ability to purchase a total of 3,550,000 common shares of the company at an exercise price of .08 cents per share for a five-year term expiring November 24, 2021. The restricted stock units granted allow the recipients the ability to purchase a total of 1,200,000 common shares of the Company for a five-year term expiring November 24, 2021 subject to certain milestones of the Company.
About HealthSpace Data Systems Ltd.
HealthSpace is an industry leader providing inspection, information and communication management systems for federal, state, county and municipal governments. Over the last decade the Company has successfully developed both enterprise and mobile internet-based applications currently serving over 300 state and local government organizations across North America. Clients range in size from small county organizations to state-wide systems with over 910 concurrent users, as well as national programs. HealthSpace specializes in the field of developing, installing, and maintaining inspection and regulatory management systems for environmental and public health organizations.
Forward-Looking Statements
This release may contain forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although HealthSpace 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 may differ materially from those in forward looking statements. HealthSpace 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.
For more information please contact:
Ali Hakimzadeh, Chairman
ali@sequoiapartners.ca
604-682-4600
Peter J. Kletas
PJK & Associates Inc.
866-999-6251-Toll Free
Copyright (c) 2016 TheNewswire – All rights reserved.
© 2017 Canjex Publishing Ltd. All rights reserved.
- Published in Bio technology, Health Space, News Home
MOBI724 (MOS:CSE) at the vanguard of payments and coupon revolution
MOBI724 at the Vanguard of Payments and CouponRevolution
Original Posted by ProactiveInvestors
Card-linked technology is transformative for credit card points programs, the firm said
We all know that shopping isn’t what it used to be since the arrival of smartphones and e-commerce.
What you might not be aware of is that the payments, promotions and coupon landscape is also undergoing a seismic shift due to emerging technology.
At the vanguard of this revolution is rapidly growing fintech (financial technology) company MOBI724 Global Solutions Inc. (CSE:MOS), which provides consumer services that weren’t available as recently as two years ago and is participating in an expanding global market that this year has an estimated worth of $10 billion.
Specialising in card payments
The company specialises in card payments and its core business, explained Chief Executive Officer Marcel Vienneau, is its card-linked platform, which when combined with digital marketing represents a new ecosystem allowing banks, merchants and customers to transact more efficiently with each other.
Card-linked technology is transformative for credit card points programs, and in addition enables card users to receive a tailored stream of offers and promotions on their smart devices.
To give a sense of scale, the company’s website says there will be just over 1 billion mobile coupon users by 2019, up from just under 560 million this year.
MOBI724 also offers digital payments solutions.
“This type of technology simply didn’t exist two years ago,” said Vienneau. “We are selling our solutions primarily to card issuers or banks in different countries,” he adds, pointing out that the company has customers in Canada, Asia Pacific and Latin America. In the Canadian market alone it has 400 customers.
“Most banks, anywhere in the world, have points programs where they issue points when you spend with their cards. Most of these cards enable customers to redeem points and get a reward,” he said.
Reinventing the technology
Perhaps the most significant aspect of MOBI724’s technology is that it has reinvented a clumsy, 20-year-old cost and payment structure, and thereby helps banks to make more money from card transactions.
Vienneau offers some examples of how the system worked in the past and how MOBI724’s better approach makes a difference.
A credit card customer has been awarded 25,000 points for using his or her card and can therefore buy a product with a $250 gift card. The card-issuing bank bears the cost of producing a rewards catalogue and the shipping costs of any product bought.
Now, say that a customer goes to an actual store and wants to buy a gift for $400 and include the $250 gift card value as partial payment. The current system is disjointed and the balance can be made up from cash, or another credit card, which might not be linked to the points system. Obviously, the customer doesn’t get the benefit of gaining more points.
MOBI724 simplifies the process by bringing all the strands together. It links the credit card, which issued the points, with the gift card. A customer can make a payment with an app and it both acknowledges that the gift card has been used and applies the balance owing to the credit card that earns points.
Similarly, when someone is in a store MOBI724 can send a coupon based on location or the customer’s profile, then the coupon can be used moments later at the cash register. The system can also send offers directly to a smartphone at any time, regardless of whether the shopper happens to be at a store or not.
In the preceding case of the $400 purchase, the bank charges a percentage of the transaction value when the points are redeemed, and so does MOBI724. The bank also wins by avoiding the necessity of having to pay for catalogues and product shipping.
“This is a new way to transfer a cost structure into a revenue-driven model, and it is seamless for the user and the bank,” said Vienneau.
It also taps into the way people engage with their banks and financial institutions nowadays – namely, instead of going into branches and using ATMs, people are putting “plastic into phones” and want more personalised interaction.
“Banks are losing their branding abilities but this gives them more channel opportunities,” Vienneau explained.
MOBI724 has invested considerably in its “business intelligence” capabilities, which allow it to map out people’s past purchases, social media interests and other distinguishing characteristics so that it can target them with specific coupons and offers.
“We are not just throwing everything at them,” said Vienneau.
The digital marketing aspect of MOBI724’s technology should also be of interest to advertisers, he points out, as it reveals consumer spending habits and other tendencies.
To that end, the company has struck strategic alliances with several agencies to help further grow the business.
Sales projected to reach $2.75mln for 2016
And growing it certainly is. Two years ago,annual revenue at MOBI724 was just over $100,000, and last year came in at $450,000. For 2016, sales are projected to reach $2.75 million.
Vienneau, a tech entrepreneur who became Chief Executive Officer when the group listed on the Canadian Securities Exchange in February 2015, expects to double revenue in 2017, along with crossing the line into positive EBITDA territory around mid-year.
In the next 36 months, the aim is to have $50 million in annual revenue and an expanding sales pipeline.
Vienneau designed the card-linked technology himself, planning the concept on a single sheet of paper four years ago.
The digital coupon market is projected to be worth $50 billion in the next three years and he reckons MOBI724 is well positioned to win a meaningful piece of this.
The group already has a respected backer in the form of institutional investor Fidelity, which has been involved in four rounds of funding, the latest for a $1.5 million convertible debenture.
MOBI724 announced plans to raise $5 million in July, around half of which has already been obtained. The money will be used to drive growth, as the research and development phase is over and the various technology solutions are fully functional.
Significantly, MOBI724 owns all the intellectual property supporting its platform and has a patent pending.
Vienneau reckons that at a market cap of approximately $5 million, or around twice projected 2016 revenue, the share price offers good value to new investors. “The challenge for us is to go out there and tell our story,” he said. “In time, this should lead to the market understanding our huge potential.”
View Original – http://www.proactiveinvestors.com/companies/news/169469/mobi724-at-the-vanguard-of-payments-and-coupon-revolution-169469.html
- Published in Blog, Financial Technology, Mobi724 Global Solutions, Mobile Technology, Technology
Tetra Bio-Pharma (TBP.C) Provides USA Regulatory Update for its Cannabis Inhalation Product
Tetra Bio-Pharma Provides USA Regulatory Update for its Cannabis Inhalation Product PPP001
– Momentum Public Relations –
Press Release: November 23, 2016
PhytoPain Pharma Inc. (“PPP“), a subsidiary of Tetra Bio-Pharma Inc. (“Tetra” or the “Company“) (CSE:TBP) (CSE:TBP.CN) (OTC PINK:GRPOF), is a pharmaceutical company focused on developing and commercializing therapeutic cannabis-based products for the treatment of pain and other medical conditions announces that the development of its smoked marijuana prescription drug is on schedule.
The Company confirmed that, on November 8, 2016, it received a letter from the Office of Combination Products stating that the USA Food and Drug Administration (“FDA“) had completed its review of the request for designation for the marijuana prescription drug and titanium pipe kit. The FDA confirmed that the product is a combination product, and assigned it to the Center for Drug Evaluation and Research (“CDER“) as the lead agency center for premarket review and regulation based on FDA’s determination of the marijuana product’s primary mode of action.
The Company previously announced that it received a pre-IND (Investigational New Drug) acknowledgement and meeting request granted letter from the US FDA. This week, the company is submitting the information package required by FDA for the Type B pre-IND meeting in January 2017 with the Division of Anesthesia, Analgesia, and Addiction Products, Center for Drug Evaluation and Research. According to Dr. G. Chamberland, Chief Science Officer, “As per FDA policies, the pre-IND information package is submitted to obtain guidance from FDA on the product development and marketing requirements for the smoked marijuana prescription drug combination product”. Dr. Chamberland further commented that this regulatory filing is part of PPP’s dedication to the commercialization of marijuana as a prescription controlled drug and the corporation’s plan to seek reimbursement by insurers for patients.
The Company has been working with Algorithme Pharma, an Altasciences company, for the conduct of its Phase I clinical trial in healthy human subjects. PPP is using the services of Algorithme Pharma based on its experience and expertise in the conduct of clinical trials for the pharmaceutical industry. Later this week the project team will be submitting the Phase I clinical protocol, and related documents, to the Institutional Review Board for review. If approved, Algorithme Pharma will subsequently submit the Clinical Trial Application to the Therapeutic Products Directorate of Health Canada for approval. In parallel, Algorithme Pharma will submit an application for exemption under section 56 of the Controlled Drugs and Substances Act for its planned research on healthy subjects.
The Company stated that, subsequent to a request for classification to the Medical Devices Bureau, Health Canada, the PPP001-titanium pipe that will be used in the clinical trial is a Class I medical device. Dr. Chamberland commented: “As a Class I medical device, the PPP001-titanium pipe does not require approval for use in the clinical trial”.
About PPP001-kit product
PPP001-kit product will be sold as two separate products packaged together in a single package and is comprised of the drug PPP001 and the device PPP001-titanium pipe. The drug component and device component will be linked together by the labelling of each component.
The product PPP001-kit, once approved, could be sold in pharmacies containing the prescription controlled drug PPP001, in a blister pack, and the PPP-titanium pipe device that will be used to generate the smoke to deliver the active ingredients by inhalation.
PPP001 drug pellet blisters and a fully assembled PPP-titanium pipe for combustion and inhalation of the generated smoke are required for therapy with PPP001 and are provided in the PPP001-kit.
Each blister of PPP001 drug pellet contains marijuana with a standardized amount of delta-9-tetrahydrocannibinol and cannibidiol. A single PPP001 drug pellet is pushed out of the blister by the patient and inserted into the PPP-titanium pipe.
In Other News:
The Company has received $227,738 in exercised warrants for November 2016.
- Published in Bio technology, News Home, Tetra Bio Pharma
RewardStream Introduces Referral Marketing Solution for Double Your Dating
RewardStream Introduces Referral Marketing Solution for Double Your Dating
New Refer-a-Friend solution extends the reach of dating education tools
– Momentum Public Relations –
Press Release: November 22, 2016
RewardStream Solutions Inc., (“RewardStream” or the “Company”), (TSX VENTURE:REW)(FRANKFURT:JL4L) (WKN Number A2APX1) a world leader in referral marketing solutions for telecommunications, financial services and e-commerce providers announces the launch of the Refer a Friend program for Double Your Dating, a world leader in online education and information products for the dating market.
“Double Your Dating is a powerful and unique service that has delivered online dating education and support for over 10 years,” said Rob Goehring, Chief Executive Officer of RewardStream. “We are very pleased to be working with the Double Your Dating team to leverage the power of referrals to increase the reach of their online educational tools. Dating is a very personal experience, and we strongly believe that referrals will be a powerful way for satisfied customers to share their success with close friends seeking similar solutions.”
Double Your Dating delivers a variety of educational products through their online shopping platform. The RewardStream Spark™ referral marketing platform integrates with their online shopping checkout process to provide a seamless handoff between successful referral and Double Your Dating’s marketing automation system. Spark automates the process of making a referral, providing Double Your Dating customers with many options to recommend their products and service, and rewards customers when their friends shop at Double Your Dating.
“As world leaders in online dating education, we are excited to help our happy customers share our products with their friends and colleagues,” said David DeAngelo, Founder of Double Your Dating. “We are eager to use the power of referrals to reach more customers and continue our mission to make dating easier and more fun.”
RewardStream allows online consumers to easily refer their friends to online stores to browse merchandise and shop. Advocates and their friends can be rewarded for their referrals and all activity is tracked in RewardStream’s high-volume and scalable referral platform. RewardStream offers the largest number of referral options with support for email, Facebook, Twitter, Gmail, text message, WhatsApp, face to face and many other social channels.
Double Your Dating customers can learn more about the Refer a Friend program here.
About Double Your Dating
Double Your Dating helps men have more success with women and dating. Since 2001, David DeAngelo has helped over 10 million men improve their success with women. His programs teach men how to overcome their fear of rejection, successfully meet and attract women, and become the kind of man who can be in a successful relationship with a high quality, beautiful woman. He is the defacto leader for dating advice for men on the Internet.
About RewardStream Solutions Inc.
RewardStream specializes in the execution of automated referral marketing programs that help brands to acquire, engage, and retain their most valuable stakeholders – customers. By utilizing an innovative blend of marketing insight and proprietary technology, RewardStream turns an existing customer base into a powerful new sales channel for all of our clients. RewardStream delivers a scalable, real-time technology platform as the foundation of our client’s referral program. The platform provides customer acquisition programs that deliver new, highly loyal customers at very low cost per acquisition rates. Our award-winning marketing solutions have powered loyalty and referral marketing programs across 39 countries for brands including Boost Mobile, Virgin Mobile, Envision Financial, Koodo Mobile and more. For more information please visit www.rewardstream.com.
- Published in Financial Technology, Mobile Technology, News Home, RewardStream, Technology
Sage Completes Equity Placement; Buys Kirkland’s 40 Clavos Interest
Sage Completes Equity Placement; Buys Kirkland’s 40{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Clavos Interest
– Momentum Public Relations –
Press Release: November 21, 2016
Sage Gold Inc. (the “Corporation”) (TSX VENTURE:SGX) is pleased to announce that it has completed a C$1.85 million equity investment (the “Equity Investment”) by way of a private placement with CRH Mezzanine Pte. Ltd (“CRH Mezzanine”), and has executed a C$9.65 million secured gold prepayment investment (the “Gold Prepayment”) with CRH Funding II Pte. Ltd. (“CRH Funding”). Both CRH Mezzanine and CRH Funding are wholly-owned by Cartesian Royalty Holdings Pte. Ltd. The Equity Investment and Gold Prepayment comprise of the previously announced financing package of C$11.5 million (the “Financing”) provided by Cartesian Royalty Holdings Pte. Ltd. to fund the development and restart of the Corporation’s Clavos project situated in the Timmins mining camp in Ontario, Canada.
Sage’s President and CEO Nigel Lees commented, “We announced the financial package of C$11.5 million with CRH on September 29th. Since then we have completed the following;
-Purchased the 40{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} minority interest in Clavos from Kirkland Lake Gold Inc. for C$1.0 million
-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’s Stock Mill
-Executed a C$9.65 million Gold Prepayment Agreement to retire the current secured debt and finance the Clavos restart
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.”
About the CRH Equity Investment
Under the terms of the Equity Investment, CRH Mezzanine has invested C$1.85 million for (i) 10,700,000 units (the “Units”) of the Corporation at a subscription price of C$0.10 per Unit, and (ii) 7,800,000 special warrants (the “Special Warrants”) of the Corporation at a subscription price of C$0.10 per Special Warrant. Each Unit consists of one common share and one common share purchase warrant, with each warrant exercisable for one common share at a price of C$0.1575 cents for a period of three years. Each Special Warrant entitles CRH Mezzanine to acquire one (1) Unit for no additional consideration. The Equity Investment has been structured such that CRH Mezzanine will not at any time own more than 19.9{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the issued and outstanding common shares of the Corporation. In addition, CRH Mezzanine has the right to acquire its pro rata share of future equity investments completed by Sage as long as it exercises control or direction over 5{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} or more of the issued and outstanding common shares of Sage.
About the Gold Prepayment Agreement
Under the terms of the Gold Prepayment, CRH Funding will provide the Corporation with C$9.65 million payable in three tranches, subject to fulfillment of customary conditions. In consideration, the Corporation will deliver to CRH Funding 15.0{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of gold produced at Clavos commencing on the latter of; (i) the beginning of Commercial Production and (ii) 12 months from the date of payment of the first tranche of the Gold Prepayment, but in all cases no later than December 27, 2017, for a period of 72 months of Commercial Production, subject to a minimum total delivery of 16,100 ounces of gold (“Minimum”) and a maximum of 26,000 ounces of gold (“Maximum”). In the event that the Minimum has not been delivered within 72 months of Commercial Production at Clavos, the delivery obligation will continue until the Minimum has been delivered to CRH Funding. The obligations of the Corporation under the Gold Prepayment are secured against all of the assets of the Corporation, including its interest in the Clavos project.
About the Purchase of the 40{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Clavos Interest
As part of the closing of the Financing, Sage completed the previously announced acquisition of the remaining 40{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} interest in the Clavos project from St Andrew Goldfields Ltd., a wholly-owned subsidiary of Kirkland Lake Gold Inc. The acquisition was completed for C$1.0 million and a 2{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Net Smelter Return Royalty. The C$1.0 million was satisfied from the proceeds raised from the Equity Investment. Sage now owns a 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} interest in the property.
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.
Before giving effect to the Equity Investment, Nigel Lees, President and CEO of the Corporation owned and controlled, directly or indirectly 4,282,881 common shares of the Corporation, representing approximately 10{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the issued and outstanding common shares of the Corporation. After giving effect to the Equity Investment, the number of common shares Mr. Lees beneficially owned, directly or indirectly over which control or discretion is exercised was diluted causing his common share ownership to fall below 10{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the issued and outstanding common shares of the Corporation. This notification of the decrease in Mr. Lees share ownership below the early warning reporting threshold is being issued in accordance with National Instrument 62-103, The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. For the purposes of this disclosure, the address of Mr. Lees is 200 University Avenue, Suite 1301, Toronto, Ontario M5H 3C6. . The early warning report respecting the transaction will be filed on System for Electronic Document Analysis and Review (SEDAR) under Sage’s issuer profile. To obtain a copy of the early warning report filed by Mr. Lees, please contact the Corporation at 416-204-3170 or refer to SEDAR under Sage’s issuer profile.
Shares for Debt
Sage further announces that it intends to complete a debt settlement transaction (the “Debt Settlement”) with certain creditors (“Creditors”), providing for the settlement of approximately $112,263 through the issuance of an aggregate of 935,528 common shares of the Corporation (“Common Shares”) at a deemed issue price of $0.12 per Common Share. The Debt Settlement is subject to regulatory approval. The Corporation expects to complete the Debt Settlement shortly after such approval is obtained.
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.
IWS Announces China Licensing Agreement with Beijing Ruibaoli Thermal Technology Co.
IWS Announces China Licensing Agreement with Beijing Ruibaoli Thermal Technology Co.
– Momentum Public Relations –
Press Releases: November 21, 2016
International Wastewater Systems Inc. (the “Company”) (CSE:IWS)(FRANKFURT:IWI)(OTC PINK:INTWF) is pleased to announce a Memorandum of Understanding with Beijing Ruibaoli Thermal Technology Co., Ltd., (“BRTT”) of Beijing, China whereby IWS will provide BRTT with a non-exclusive license to market and sell IWS’s proprietary thermal heat recovery equipment in China under the SHARC and PIRANHA brands (“China License Agreement“).
BRTT is a leader in the manufacturing and installation of wastewater heat exchange systems in China with a track record of successful projects including the Beijing South Train Station (1.5 million square feet), Beijing Kunlun Hall (1.1 million square feet) and the Shenyang District Energy System (3.5 million square feet). Led by its President, Mr. Qu Yuxiu, BRTT has installed thermal heat recovery projects in 17 Chinese provinces and 20 cities, serving over 50 million square feet of new and retro-fit real estate projects.
The China License Agreement is structured as a licensing fee that BRTT will pay to IWS for each unit sold in China. BRTT estimates sales of 1,000 PIRANHA units in the first year of the China License Agreement. Prior to launching the IWS products in China, BRTT and IWS will work jointly to install SHARC and PIRANHA demonstration projects for BRTT’s clients. The China Licensing Agreement requires BRTT to guarantee the quality of all IWS products manufactured, marketed and sold in China, conforming to IWS’s global quality control standards.
BRTT has developed its own intellectual property for thermal recovery technology, and in addition to the China Licensing Agreement, the two companies will collaborate on the advancement of next generation thermal recovery technology. License fees for other products developed by IWS will be agreed by the companies an individual product basis.
Mr. Qu Yuxiu, BRTT President said: “BRTT is experiencing dramatic growth in the demand for thermal heat recovery projects in China. IWS technology, particularly the PIRANHA, provides a turn-key thermal heat recovery solution that can serve most small and medium sized buildings, significantly expanding the market for these systems.”
Mr. Lynn Mueller, CEO of IWS commented: “We are excited to enter the Chinese market with Beijing Ruibaoli Thermal Technology Co., an industry-leader in the region. Our agreement allows IWS to rely on BRTT’s expertise for the deployment of our technology in China while maintaining control of the standards and quality of our products and earning revenues from all IWS products sold in China.”
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:INTWF) and Germany (Frankfurt: IWI).
- Published in Green Technology, International Wastewater Systems, News Home
Natan Resources Announces Brokered Private Placement of a Minimum of $3,000,000
Kelowna, British Columbia (FSCwire) – Natan Resources Ltd. (“Natan” or the “Company”) (TSX-V:NRL) is pleased to announce that it has retained First Republic Capital Corporation (the “Agent”) to act as agent in connection with a best efforts brokered private placement to raise gross proceeds of a minimum of $3,000,000 (the “Offering”). Pursuant to the Offering, the Company intends to issue: (a) 10,000,000 subscription receipts (the “Subscription Receipts”), at a price of $0.20 per Subscription Receipt, for total gross proceeds of $2,000,000; and (b) 4,000,000 flow-through shares (“FT Shares”), at a price of $0.25 per FT Share, for total gross proceeds of $1,000,000.
Each Subscription Receipt is automatically exchangeable into units (“Units”) of the Company, on the basis of one Unit for each Subscription Receipt, upon the occurrence of certain events, including without limitation, the Company having received all approvals of the TSX Venture Exchange to acquire the Montalembert property from Globex Mining Enterprises Inc.
Each Unit will consist of one common share and one-half of one common share purchase warrant (“Warrant”), with each Warrant being exercisable to acquire one common share of the company at a price of $0.30 for a period of 24 months following the closing date of the Offering.
In connection with the Offering, the Agent will be entitled to a corporate finance fee in an amount equal to 2{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of Subscription Receipts and FT Shares sold and a sales commission of 7{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the aggregate gross proceeds of the Subscription Receipts and FT Shares sold. Additionally, the Company will issue to the Agent corporate finance options (“Compensation Options”) entitling the Agent to purchase a number of common shares equal to 2{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the aggregate number of Subscription Receipts and FT Shares sold and selling compensation warrants entitling the Agent to purchase a number of Common Shares equal to 7{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the aggregate number of Subscription Receipts and FT Shares sold, at an exercise price equal to the Offering price for 24 months following the date of closing the Offering.
Completion of the Offering is subject to receipt of TSX Venture Exchange approval and other requisite approvals. All of the securities issuable in connection with the offering will be subject to a hold period expiring four months and one day after date of issuance.
The proceeds from the sale of flow-through units will be used for Canadian exploration expenses (within the meaning of the Income Tax Act (Canada)) and will be renounced for the current taxation year.
For further information regarding this news release contact:
Steve Roebuck, CEO
Tel: (905) 741-5458 or by email at geostever@hotmail.com
or
Song Lee, Associate, First Republic Capital Corp
Tel: (416) 957-6300 or by email at song@firstrepubliccapital.com
On behalf of the Board of Directors
Natan Resources Ltd.
This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although we believe the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of our management on the date the statements are made. Natan Resources Ltd.. undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change, except as required by law.
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 news release.
The TSX Venture Exchange has in no way passed upon the merits of the proposed transactions and has neither approved nor disapproved the contents of this press release.
THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATED SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Natan11182016.pdf
Source: Natan Resources Ltd. (TSX Venture:NRL)
- Published in Enforcer Gold Corp, Mining, News Home
Natan Resources Announces Option Agreement with Globex Mining Enterprises to Acquire the Montalembert Gold Project
Kelowna, British Columbia (FSCwire) – Natan Resources Ltd. (“Natan” or the “Company”) (TSX-V:NRL) is pleased to announce that it has entered into an Option Agreement (the “Agreement”) with Globex Mining Enterprises Inc. (“Globex”) (TSX: GMX, G1M- Frankfurt, GLBXF-OTCQX International), a company listed on the Toronto Stock Exchange. The Agreement grants Natan the right to acquire a 100 percent interest in the 58 cell, 3,183 hectare Montalembert Gold Property, located approximately 100 kilometres southwest of Chibougamau in the Abitibi mining district of Quebec. The Agreement is subject to acceptance by the TSX Venture Exchange.
Steve Roebuck, President and CEO of Natan comments,
“The Montalembert property is a high-quality gold project that will immediately become the cornerstone asset for Natan Resources. Our recent site visit confirmed the presence of visible gold in multiple locations along the well-exposed parallel vein structures named the Galena vein and Vein No. 2. This is a rare find; an under-explored gold-rich project within 5 kilometres of a paved highway in Quebec. The location has significant logistical advantages as year-round road access to the Project will ensure cost efficiency at the exploration phase. We plan to aggressively explore the project beginning in the spring of 2017.”
The Montalembert Gold Property has historical and recently reported high grade gold visible in outcrop on surface and reported in historical shallow drill holes. Recent stripping completed by Globex has exposed the gold bearing quartz vein systems along with occurrences of coarse native gold. See Globex press releases dated September 9, 2015, November 12, 2015 and October 24, 2016 for information on historical and some more recent exploration on the property.
Terms of the Option
Pursuant to the Agreement, Natan shall have the option to earn an undivided 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} right, title, and interest in the Property (the “Option”), subject to the Gross Metal Royalty, by making aggregate cash payments to Globex of $2,700,000, issuing an aggregate of 8,500,000 common shares and incurring aggregate exploration expenditures of $15,000,000 on the Property as follows:
- Paying $2,700,000 in cash to Globex as follows:
$300,000 on or before December 31, 2016;
$300,000 on or before December 31, 2017;
$600,000 on or before December 31, 2018;
$1,500,000 on or before December 31, 2019;
- Issuing 8,500,000 common shares of Natan to Globex as follows:
1,500,000 common shares on or before the tenth business day after TSX Venture Exchange
acceptance of this Option Agreement but no later than December 31, 2016;
2,000,000 common shares on or before December 31, 2017;
2,000,000 common shares of on or before December 31, 2018;
3,000,000 common shares of on or before December 31, 2019;
- Incurring aggregate exploration expenditures of $15,000,000 on the Property as follows:
$1,000,000 in exploration expenditures to be completed on or before December 31, 2017;
An additional $1,000,000 in exploration expenditures to be completed on or before December 31, 2018;
an additional $4,000,000 in exploration expenditures to be completed on or before December 31, 2019;
an additional $4,000,000 in exploration expenditures to be completed on or before December 31, 2020;
an additional $5,000,000 in exploration expenditures to be completed on or before December 31, 2021;
The cash and share payments to be made by Natan prior to December 31, 2017 and the exploration expenditure to be incurred prior to December 31, 2018, are firm commitments and must be made even in the event that Natan terminates this Option Agreement and chooses not to exercise the Option.
Notwithstanding the foregoing, at any time following the 2nd anniversary of the Effective Date of this Option Agreement, the exploration expenditures may be deferred for up to 12 months (resulting in all subsequent exploration expenditure requirements to be deferred 12 months) in the event that both: (i) the London spot price for Au is less than $1200 US per troy ounce for 30 consecutive days, and (ii) Natan has less than $1 million CDN funds in its treasury. In the event that exploration expenditures are deferred as contemplated hereby, Natan shall be obligated to pay to Globex a penalty of $150,000 in cash and issue to Globex 1,000,000 common shares of Natan within 10 business days of providing notice to Globex of such deferral of exploration expenditures.
Due to the high grade nature of the potential ore from the Property, Globex shall retain a three and one-half percent (3.5{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}) Gross Metal Royalty (GMR) on all recovered metals and minerals produced from the Property, with a six percent (6{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}) GMR on the first 150,000 ounces of each of gold and silver recovered from the Property.
In connection with signing of the Agreement, the Company has entered into a finder’s fee agreement which provides for a fee payable on any transaction completed between the Company and Globex. The payment of the finder’s fee on this transaction is subject to acceptance by the TSX Venture Exchange.
The technical information within this document has been reviewed and approved by Mr. Steve Roebuck, P. Geo. and CEO of Natan Resources. Mr. Roebuck is a qualified person as defined in NI 43-101.
For further information regarding this news release contact:
Steve Roebuck, CEO
Tel: (905) 741-5458 or by email at geostever@hotmail.com
On behalf of the Board of Directors
Natan Resources Ltd.
This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although we believe the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of our management on the date the statements are made. Natan Resources Ltd.. undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change, except as required by law.
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 news release.
The TSX Venture Exchange has in no way passed upon the merits of the proposed transactions and has neither approved nor disapproved the contents of this press release.
THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATED SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/NatanNov172016.pdf
Source: Natan Resources Ltd. (TSX Venture:NRL)
- Published in Enforcer Gold Corp, Mining, News Home
Sage Gold (SGX:tsxv) Signs 7 Year Mill Processing Agreement
Sage Gold (SGX:tsxv) Signs 7 Year Mill Processing Agreement
– Momentum Public Relations –
Press Releases: November 17, 2016
Sage Gold Inc. (the “Corporation”) (TSX VENTURE:SGX) is pleased to announce that it has signed a Toll Milling Agreement with Primero Mining Corp.’s (“Primero”) Black Fox-Stock Mill (“Stock Mill”) in Timmins to process up to 200,000 tonnes per year for a total of 1.1 million tonnes over an estimated 7 year mine life from the Clavos Mine. The Stock Mill is situated approximately 10 kilometers from Clavos and is accessed by a private haul road between the two properties.
Sage will be shipping run of mine material to the Stock Mill commencing July 2017 with the aim of running the first batch through the mill in September 2017. The Stock mill is a 2,500 tonnes per day carbon in leach (CIL) mill which is located in Stock Township and was previously owned by St. Andrew Goldfields (now Kirkland Lake Gold) during the 2005-2007 period when St. Andrews was operating the Clavos mine. The current operating management of the Stock Mill were present at the Stock Mill when +100,000 tonnes of Clavos ore was processed. Therefore, the Stock Mill is an ideal place to process the Clavos material given the proximity to the Clavos property and the familiarity of the mill operators with the Clavos material. Also, the haul road between Clavos and the Stock Mill is owned jointly by Sage (upon completion of the acquisition of the 40{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} interest in Clavos held by Kirkland Lake Gold) and Primero. The haul road is not part of the Provincial highway system and Sage will be able to use larger haul trucks between Clavos and the Stock Mill then would be permitted on the Provincial highways.
Sage has received notification that the Ministry of Northern Development and Mines (MNDM) has changed the status of its Clavos gold project from Inactivity to Mine Production and Development. The change in project status allows Sage to begin the process of mine dewatering, mine rehabilitation and eventually to produce up to a maximum daily tonnage of 700 tonnes/day.
Sage currently plans on completing a reserve estimate and a prefeasibility study for 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 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 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.