Affinor Growers Provides Greenhouse Project and Market Update
Affinor Growers Inc. (“Affinor” or the “Company”) (CSE: AFI) (OTCQB: RSSFF) is pleased to provide a market update on the new Abbotsford 15,000 square foot leased greenhouse building as per news release dated January 22, 2021.
On Dec. 1, 2020, new management was installed, and has been focused on the completion of our first commercial automated vertical farm showcase. Purchase orders have been issued for all construction and electrical work, including parts and labor needed for completion. The company has also applied for a BC Hydro 600V 400A power upgrade to the building to work with our electrical contractor Premium Electric. Once BC Hydro completes the power upgrade, Affinor Growers will be able to set a planting and launch date for production of strawberries and romaine lettuce. Shortly thereafter, the company plans to submit an application to Health Canada for a micro-cultivation license including cannabis evidence package. This is expected to be completed sometime this summer pending suppliers having any possible Covid 19 issues causing any delays.
Affinor Growers has also decided to utilize part of the current greenhouse structure to facilitate our automated craft cannabis program, instead of building out a new greenhouse. This will not only save time, but also saves roughly $500,000 in capital expenditures.
Affinor Growers is also looking to launch new composting technology for soil remediation, and looking at alternative energy solutions to achieve a goal of sustainability and profitability, while creating a high-quality product grown in remediated soil, sun and water.
Affinor Growers intends to own all land and facilities as they expand across Canada after this showcase is up and running. The company also plans to license its patented technology, automation turnkey process and QA processes globally. Affinor Growers will also be launching its newly designed Website very soon as new developments occur. Join the VIP list online at the website listed below.
Nick Brusatore, CEO: “I would like to thank the shareholders of Affinor Growers for their continued support as our new management is focused on getting this facility up and running as fast as possible and launching this very high-profile, state of the art, automated vertical farming technology and processes to the world stage.”
About Affinor
Affinor is a publicly traded company listed on the CSE under the symbol “AFI” and on the OTCQB under the symbol “RSSFF”. Affinor is focused on developing vertical farming technologies and using those technologies to grow fruits, vegetables, and cannabis in a sustainable manner.
To learn more about Affinor, visit: https://www.affinorgrowers.com/en
On behalf of the Board of Directors,
Affinor Growers Inc.
Nick Brusatore
Director /CEO
nick@affinorgrowers.com
- Published in Affinor Growers, News Home
Canada Silver Closes Flow-Through Private Placement
Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC: CCWOF) (Frankfurt: 4T9B) (the “Company” or “Canada Silver Cobalt”) announces that the Company has closed a non-brokered private placement by way of issuing 2,021,276 flow-through units (“FT Units”) at a price of $0.47 per FT Unit raising gross proceeds of $950,000.
Each FT Unit is comprised of one flow-through common share of the Company and one half of one share purchase warrant. Each whole warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of $0.58 per share, for a period of two years from closing, subject to TSX Venture Exchange (“Exchange”) approval.
The Company has paid Finder fees in the amount of $66,500 and issued 141,490 finder warrants in connection with the FT private placement. The finder’s warrants are on the same terms as the financing warrants. The finder fees are subject to Exchange approval.
All securities issued in connection with the private placement will be subject to a four–month and a day hold period expiring on August 8, 2021 in accordance with applicable Canadian Securities Laws.
About Canada Silver Cobalt Works Inc. www.canadasilvercobaltworks.com
Canada Silver Cobalt Works released the first-ever resource in the Gowganda Camp and greater Cobalt Camp in May 2020. A total of 7.56 million ounces of silver in Inferred resources comprising very high-grade silver (8,582 grams per tonne un-cut or 250.2 oz/ton) in 27,400 tonnes of material from two sections (1A and 1B) of the Robinson Zone beginning at a vertical depth of approximately 400 meters were identified. The discovery remains open in all directions (1A and 1B are approximately 800 meters east of the Capitol Mine workings) (mineral resources that are not mineral reserves do not have demonstrated economic viability) (refer to Canada Silver Cobalt Works Press Release May 28, 2020. Report reference: Rachidi, M. 2020, NI 43-101 Technical Report Mineral Resource Estimate for Castle East, Robinson Zone, Ontario, Canada, with an effective date of May 28, 2020 and a signature date of July 13, 2020.
Canada Silver Cobalt’s flagship Castle Mine and 78 sq. km Castle Property features strong exploration upside for silver, cobalt, nickel, gold, and copper in the prolific past-producing Gowganda high-grade Silver District of Northern Ontario. With underground access at Castle, a pilot plant to produce cobalt-rich gravity concentrates on site, a processing facility (TTL Laboratories) in the town of Cobalt, and a proprietary hydrometallurgical process known as Re-2Ox for the creation of technical grade cobalt sulphate as well as nickel-manganese-cobalt (NMC) formulations, Canada Silver Cobalt is strategically positioned to become a Canadian leader in the silver-cobalt space.
“Frank J. Basa”
Frank J. Basa, P. Eng.
Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
SOURCE Canada Silver Cobalt Works Inc.
View original content: http://www.newswire.ca/en/releases/archive/April2021/07/c5528.html
Contact:
Frank J. Basa, P.Eng., Chief Executive Officer, 416-625-2342
- Published in Canada Cobalt Works, Mining, News Home
Canbud Establishes R&D Partnership with Brock University for Climate Smart Sustainable Natural Fungi BioFertilizer
Canbud Distribution Corporation (CSE: CBDX) (FSE: CD0) (“Canbud” or the “Corporation“) is pleased to announce it has enteredinto a research partnership with Brock University for the potential application of fungi as a Climate Smart Sustainable Natural Fungi BioFertilizer for crop cultivation, inclusive of hemp plants. The project was recently launchedafter the Brock research team obtained the required license from Health Canada.
Canbud continues to develop its science based competitive advantages as part of the Corporation’s strategy, positioning itself as a first mover and soon to become leader in sustainable development. Canbud has formed a partnership with Brock University biologist Dr. Michael Bidochka and his research team to investigate the effects of endophytic fungi on hemp plants. The Corporation aimsto develop a game-changing Climate Smart Sustainable Natural Fungi BioFertilizer for crops cultivation which could reduce and replace chemical fertilizer,likewise applicable to hemp plants, therefore supporting sustainable global hemp and food production.
In a ground-breaking study conducted in 2012, Professor Bidochka and his team found that certain fungi, which feast upon over 200 different kinds of soil-borne insects, exhibit the ability to transfer nitrogen from the dead bugs into plants through the plant’s root system. This breakthrough discovery led Professor Bidochka and his team of researchers to take this application a step further. A subsequent study in 2017 found that plants transfer carbohydrates back into the fungus, supplying the fungus with much-needed energy, making the fungus-plant relationship truly symbiotic and self-sustaining.
Head researcher Professor Katie Field, from the University of Leeds’ School of Biology and Global Food and Environment Institute, said: “Fungi could be a valuable new tool to help ensure future food security in the face of the climate and ecological crises.” (https://www.leeds.ac.uk/news/article/4487/fungi_could_reduce_reliance_on_fertilisers).
According to the report published by Global Market Insights Inc., the global fertilizer market size was estimated at $196.97 billion in 2019, anticipated to reach $200 billion by 2026, registering a CAGR of 3.2% from 2020 to 2026.
Robert Tjandra, President and Chief Operating Officer at Canbud, is impressed with Dr. Bidochka team’s fungi research and excited by the possibility that the concept could be applied to hemp plants, commenting, “It’s important to see if there are biological or organic solutions to certain problems such as chemical fertilizer and pest control. We’re trying to be more sustainable by using biological rather than chemical solutions, which will give us a competitive advantage, and further positions the Corporation as an ESG company.” As Environmental, Social & Governance (ESG) evolves into a strategic business imperative and operational focus for Canbud, the Corporation continues to look for and develop revenue generating game changing solutions spinning out from its core businesses.
About Canbud Distribution Corporation
Canbud Distribution Corporation is a science and technology health and wellness company that encompasses plant based, psychedelic pharmaceutical and non-psychedelic nutraceutical, and hemp cannabinoids (CBD) verticals.
www.canbudcorp.com
https://www.instagram.com/canbudcorp/?hl=en
https://twitter.com/canbudcorp
https://www.linkedin.com/company/canbud-distribution-corp/?viewAsMember=true
https://www.instagram.com/empathyplantco/?hl=en
For further information, please contact:
ir@canbudcorp.com
or
Robert Tjandra, President and COO
Tel: 1 416 847 7312
- Published in Canbud Distribution, News Home
Northern Lights Assays 30.6 g/t Gold Surface Sample at Secret Pass Gold Project in Arizona
Northern Lights Resources Corp. (“Northern Lights” or the “Company”) (CSE:NLR)(OTCQB:NLRCF) is pleased to announce the results from a stream sampling program at Secret Pass Gold Project in Mohave County, Arizona.
Northern Lights completed a property-wide stream sampling program comprising 196 stream sediment and 196 panned concentrate samples. With reference to Figures 1 and 2, the anomalous assays define 3 areas centred on the Fiery Squid, Tin Cup, and Lion’s Paw prospects. In total, 35 samples returned assay gold grades above 0.2 g/t, including assays of 30.6 g/t and 6.7 g/t collected downstream from the Tentacles and Fiery Squid prospects. Drilling is planned to commence immediately at Tentacles and Fiery Squid.
CEO Jason Bahnsen, commented “The sampling results highlight the excellent gold potential at the Secret Pass Project. Assay results are strongly anomalous, with individual panned concentrate samples with gold grades of up to 30.6 g/t. We are preparing the drill access roads at Fiery Squid and the Tentacles prospects with the drilling contractor currently mobilizing equipment to the project site.”
As illustrated on Figures 1 and 2, the sample assays define three anomalous areas which exhibit a good correlation between stream sediment and panned concentrate assays. Anomaly A displays a close association with the Frisco Mine Fault and can be traced along a northwest trend for approximately 2,000 meters. The area is underlain by strongly altered andesite volcanics and includes the Tin Cup and FM gold prospects. Anomaly B is located downstream from an area of intense sericite-quartz-FeOx alteration and is associated with a rhyolitic dyke swarm intruding andesite volcanics. The anomalous area measures 700 x 800 meters and includes The Fiery Squid and Tentacles prospects. Anomaly C covers an area of extensive shafts and adits and includes Lion’s Paw, Travertine Gulch, Fluorspar Ridge, and Second Shaft prospects. The underlying geology and alteration is similar to the Fiery Squid and Tentacles prospects and comprises an area of 600 x 700 meters.
All samples were collected by Mr. Paul Q. Warren (CPG, QP), who maintained the chain of custody until delivery of the samples to ALS Laboratory in Tuscon, Arizona (“ALS”) and MS Analytical Laboratories in Vancouver, Canada (“MSA”). ALS and MSA are accredited to the ISO 9001 standard for gold assays, and all analytical methods include quality control materials at set frequencies with established data acceptance criteria.
Quality Control and Quality Assurance (QA/QC) measures for this sampling program were internally implemented by MS Laboratories and included blanks, duplicates, and OREAS standards 24b, 601.
The 196 pan concentrate samples were prepared by pulverizing 250-gram samples to 85% passing <75 um. The 196 stream sediment samples sieved 200 um. Analysis for gold, platinum, and palladium was completed using a 30-gram fire assay fusion with ICP-ES finish (FAS 111) with a lower limit of 2 parts per billion for gold and an upper limit of 10,000 ppb. Samples with gold assays greater than 10,000 ppb are reanalyzed using a 50-gram fire assay fusion with a gravimetric finish. All samples also were analyzed using a 36-multi elemental geochemical package (AQ300). Sample splits of 0.5 g were leached in hot Aqua Regia and analyzed by ICP-ES with analytical results reported in ppm and ppb levels.
The scientific and technical data contained in this news release was reviewed and approved by Gary Artmont (Fellow Member AUSIMM #312718), Head of Geology and qualified person to Northern Lights Resources, who is responsible for ensuring that the geologic information provided in this news release is accurate and who acts as a “qualified person” under National Instrument 43-101 Standards of Disclosure for Mineral Projects.
For further information, please contact:
Albert Timcke, Executive Chairman and President
Email: rtimcke@northernlightsresources.com
Tel: +1 604 608 6163
Jason Bahnsen, Chief Executive Officer
Email: Jason@northernlightsresources.com
Tel: +1 604 608 6163
Shawn Balaghi, Investor Relations
Email: shawn@northernlightsresources.com
Tel: +1 604 773 0242
About Northern Lights Resources Corp.
Northern Lights Resources Corp is a growth-oriented exploration and development company that is advancing two projects: The 100% owned Secret Pass Gold Project located in Arizona; and the Medicine Springs silver-zinc-lead Project located in Elko County, Nevada, where Northern Lights, in joint venture with Reyna Silver are earning 100% ownership.
Northern Lights Resources trades under the ticker of “NLR” on the CSE. This and other Northern Lights Resources news releases can be viewed at www.sedar.com and www.northernlightsresources.com.
Figure 1 -Secret Pass Pan Concentrate Samples Results
View Larger Image Here
Figure 2 -Secret Pass Stream Sediment Sample Results
View Larger Image Here
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the terms and conditions of the proposed private placement; use of funds, the business, and operations of the Company after the proposed closing of the Offering. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to general business, economic, competitive, political, and social uncertainties; delay or failure to receive board, shareholder, or regulatory approvals; and the uncertainties surrounding the mineral exploration industry. 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. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
SOURCE: Northern Lights Resources Corp.
View source version on accesswire.com:
https://www.accesswire.com/639051/Northern-Lights-Assays-306-gt-Gold-Surface-Sample-at-Secret-Pass-Gold-Project-in-Arizona
- Published in Mining, News Home, Northern Lights Resources
Granada Gold Announces Appointment of New CFO
Granada Gold Mine Inc. (TSXV: GGM) (the “Company” or “Granada”) is pleased to announce that Mr. Ryan Webster has been appointed as Chief Financial Officer of the Company effective today, replacing the Company’s interim CFO, Mr. Robert Guanzon.
Mr. Webster brings over 15 years’ experience as a finance professional in the mining industry. Formerly Mr. Webster served as a consultant providing corporate finance services to a variety of clients, including contract CFO services to Blue Thunder Mining Inc. During his time at Blue Thunder he led the company through a qualifying transaction for public listing on the TSX Venture Exchange. Prior to his time as a consultant, Mr. Webster held the role of VP, Finance at Dominion Diamond Corporation (formerly Harry Winston Diamond Corporation and Aber Diamond Corporation) where he led and executed over CDN$2 billion in corporate M&A transactions including the purchase of BHP Billiton’s diamond business in 2013 for US$500 million and the sale of Dominion Diamond Corporation to the Washington Companies in 2017 for US$1.2 billion. He also helped raise over $1 billion in corporate credit facilities. Mr. Webster holds is a Chartered Professional Accountant (CMA) and Chartered Financial Analyst.
The Company thanks Mr. Guanzon for his contributions during the Company’s transition and wishes him well in his future endeavors.
About Granada Gold Mine Inc.
Granada Gold Mine Inc. continues to develop the Granada Gold Property near Rouyn-Noranda, Quebec. Approximately 120,000 meters of drilling has been completed to date on the property, focused mainly on the extended LONG Bars zone which trends 2 kilometers east-west over a potential 5.5 kilometers of mineralized structure. The highly prolific Cadillac Break, the source of more than 75 million plus ounces of gold production in the past century, cuts through the north part of the Granada property, but is not necessarily indicative of mineralization hosted on the company’s property.
The Granada Shear Zone and the South Shear Zone contain, based on historical detailed mapping as well as from current and historical drilling, up to twenty-two mineralized structures trending east-west over five and a half kilometers. Three of these structures were mined historically from two shafts and two open pits. Historical underground grades were 8 to 10 grams per tonne gold from two shafts down to 236 m and 498 m with open pit grades from 5 to 3.5 grams per tonne gold.
The Company is in possession of all mining permits required to commence the initial mining phase, known as the “Rolling Start”, which allows the company to mine up to 550 tonnes per day. Additional information is available at www.granadagoldmine.com.
“Frank J. Basa”
Frank J. Basa P. Eng.
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
SOURCE Granada Gold Mine Inc.
View original content: http://www.newswire.ca/en/releases/archive/April2021/01/c0215.html
Contact:
Frank J. Basa, P. Eng., President and CEO at 1-819-797-4144 or Wayne Cheveldayoff, Corporate Communications, at 416-710-2410 or waynecheveldayoff@gmail.com
- Published in Granada Gold Mine, Mining, News Home
Canada Silver Announces Appointment of New CFO
Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTCQB: CCWOF) (Frankfurt: 4T9B) (the “Company” or “Canada Silver Cobalt”) is pleased to announce that Mr. Ryan Webster has been appointed as Chief Financial Officer of the Company effective today, replacing the Company’s interim CFO, Mr. Robert Guanzon.
Mr. Webster brings over 15 years’ experience as a finance professional in the mining industry. Formerly Mr. Webster served as a consultant providing corporate finance services to a variety of clients, including contract CFO services to Blue Thunder Mining Inc. During his time at Blue Thunder he led the company through a qualifying transaction for public listing on the TSX Venture Exchange. Prior to his time as a consultant, Mr. Webster held the role of VP, Finance at Dominion Diamond Corporation (formerly Harry Winston Diamond Corporation and Aber Diamond Corporation) where he led and executed over CDN$2 billion in corporate M&A transactions including the purchase of BHP Billiton’s diamond business in 2013 for US$500 million and the sale of Dominion Diamond Corporation to the Washington Companies in 2017 for US$1.2 billion. He also helped raise over $1 billion in corporate credit facilities. Mr. Webster holds is a Chartered Professional Accountant (CMA) and Chartered Financial Analyst.
The Company thanks Mr. Guanzon for his contributions during the Company’s transition and wishes him well in his future endeavors.
About Canada Silver Cobalt Works Inc. www.canadasilvercobaltworks.com
Canada Silver Cobalt Works released the first-ever resource in the Gowganda Camp and greater Cobalt Camp in May 2020. A total of 7.56 million ounces of silver in Inferred resources comprising very high-grade silver (8,582 grams per tonne un-cut or 250.2 oz/ton) in 27,400 tonnes of material from two sections (1A and 1B) of the Robinson Zone beginning at a vertical depth of approximately 400 meters were identified. The discovery remains open in all directions (1A and 1B are approximately 800 meters east of the Capitol Mine workings) (mineral resources that are not mineral reserves do not have demonstrated economic viability) (refer to Canada Silver Cobalt Works Press Release May 28, 2020. Report reference: Rachidi, M. 2020, NI 43-101 Technical Report Mineral Resource Estimate for Castle East, Robinson Zone, Ontario, Canada, with an effective date of May 28, 2020 and a signature date of July 13, 2020.
Canada Silver Cobalt’s flagship Castle Mine and 78 sq. km Castle Property features strong exploration upside for silver, cobalt, nickel, gold, and copper in the prolific past-producing Gowganda high-grade Silver District of Northern Ontario. With underground access at Castle, a pilot plant to produce cobalt-rich gravity concentrates on site, a processing facility (TTL Laboratories) in the town of Cobalt, and a proprietary hydrometallurgical process known as Re-2Ox for the creation of technical grade cobalt sulphate as well as nickel-manganese-cobalt (NMC) formulations, Canada Silver Cobalt is strategically positioned to become a Canadian leader in the silver-cobalt space.
“Frank J. Basa”
Frank J. Basa, P. Eng.
Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
SOURCE Canada Silver Cobalt Works Inc.
View original content: http://www.newswire.ca/en/releases/archive/April2021/01/c7242.html
Contact:
Frank J. Basa, P.Eng., Chief Executive Officer, 416-625-2342
- Published in Canada Cobalt Works, Mining, News Home
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