Smartcool Systems Inc. (SSCFF)

[Ricepad]

Bitcoin, Blockchain and Cannabis New Focus for Provider of Energy Efficiency Technology

Read more here.

[Ricepad]

Smartcool /Anesco Energy Joint Venture Saves 31% At Sandford Springs Golf Club & Hotel for The Leaderboard Group

Read more at http://www.stockhouse.com/news/press-releases/2018/02/06/smartcool-anesco-energy-joint-venture-saves-31-at-sandford-springs-golf-club#K7CT2XxQp2MOsyJM.99

[Hungry Fish]

$SSCFF Looks Great. Well needed technology for the crypto mining industry

[Ricepad]

Smartcool's proven technologies lowers energy consumption and costs for Cryptocurrency, BlockChain & Cannabis Growers

Read more at http://www.stockhouse.com/news/press-releases/2018/01/31/smartcool-s-proven-technologies-lowers-energy-consumption-and-costs-for#ghqgHRX3rJwH63zP.99

[Ricepad]

Stockhouse message board poster says that there is going to be a reverse split.

This isn't going to be good for investors. I hope Smartcool has a lot of deals and revenue streams coming because we all know what happens in reverse splits. The price will go down and rumor has it, it's going to be a 5-1 reverse split. Sincerely, Paul

[Ricepad]

Smartcool Installs ECO3 at Premier League Football Club Stadium To Provide Energy Savings

The installation at a top UK Premier League Football Club Stadium will provide Energy Reductions and deliver significant Financial and Environmental Benefits.

Good morning,

Ted Konyi, CEO, Smartcool Systems Inc. (TSX: SSC.V OTC: SSCFF) is pleased to announce that the company has successfully completed an installation at one of the UK’s top “Premier League” Football Clubs.

Energy reductions are already being recorded and look certain to exceed the expected targets that have been set by the club management.

Ted Konyi commented, “ This installation carries on the success that our UK team is having with a number of market verticals. Of particular interest on this installation is that Smartcool’s proprietary technology was applied to Mitsubishi Ecodan heat pumps being used to heat the domestic hot water for the stadium. This system is a more efficient method of heating hot water and either a replacement for gas fired boilers or installed on new construction as an alternative to gas fired boilers. It represents an entirely new market opportunity for Smartcool that consumes large electrical energy that can be improved through the deployment of Smartcool technology. The system operates 24/7/365and averages 1mWh per day. Anticipated ROI is 2 year or less.”

Nick Weedon, Smartcool’s National Sales Manager responsible for the account said, “ This installation marks another successful project designed and executed by the Smartcool UK team. The application on the Clubs heat pumps broadens the base of Smartcool installations bringing both financial and environmental benefits. Working with such a prestigious client who recently topped Sky Sports Ultimate Premier League Table was exciting for us all. I look forward to working with the club on other projects in the near future.”
To stay up-to-date with goings on at Smartcool please follow our twitter account @SmartcoolNews.

I have attached the full press release below, If you have any additional question please give me a call.

Regards,



Mike Kordysz
Vice President, Investor Relations

Read more at http://www.stockhouse.com/companies/bullboard#X4aSUBE9cAv7m5w4.99

[Ricepad]

Smartcool Announces Valor Energia, A New Brazilian Distributor

Vancouver, B.C. November 21, 2017, Steven Martin, Smartcool’s Executive VP EMEA, Smartcool Systems Inc. (TSXV: SSC OTC: SSCFF) is pleased to announce the addition of a new distributor for its Energy Efficiency products in Brazil. Located in São Paulo, Valor Energia has successfully developed and managed several major alternative green power projects. From Wind Farms to Solar installations and Hydroelectric projects, Valor Energia, has developed many projects in the energy sector and are now going to be applying their skills to energy efficiency projects.

Click here for full press release.

[capital gain]

No worries.

I do like this company even though the fully diluted count is as high as it is, still the business model seems great with an aggressive focus on growing sales. The CEO has done a great job of streamlining things, so it could be a good turn around play.

What are you thoughts?

[Ricepad]

Thanks for posting the official link. The previous one came out before the official one on their website.

[capital gain]

Good to see that they were successful here. That is a very large customer, that could potentially lead to many more sales.

couldn't get your link to work so posting another one here.

http://www.smartcool.net/news/press-releases/364-smartcool-saves-30-power-consumption-at-a-quick-serve-restaurant-in-jamaica

[capital gain]

Good presentation on their website, this looks like a turn around story which could become a really good play.

If they could get this new customer funding program to generate more sales, I think it could accelerate this stock higher.

Earnings should be out in the next few weeks, will be interesting to see if their sales have grown further.

http://www.smartcool.net/documents/Presentation.pdf

[Ricepad]

Smartcool Saves 30% Power Consumption At A Quick Serve Restaurant in Jamaica.

Vancouver, British Columbia--(Newsfile Corp. - October 17, 2017) - Smartcool Systems Inc. (TSXV: SSC) (OTC Pink: SSCFF) is pleased to announce the results from an initial installation at a Quick Serve Restaurant (QSR) in Kingston, Jamaica. See full article here.

[awusmc2178]

30%

[awusmc2178]

hhmmm, interesting stock, need to do some dd. nice clean unpolluted board. this could be good. if they saved the jamaicans 40%, this company would be huge right now. hhmmmm

[Ricepad]

From Streetwise Reports: Smartcool Hits Perfect Storm for Profits

Smartcool Hits Perfect Storm for Profits

Ron Struthers has written a great article about the technology, the products, and it's financial status.

[Ricepad]

Smartcool forms install network

CANADA: Energy-saving compressor optimisation technology company Smartcool Systems is establishing an installation and servicing network in North America.

Click here for the rest.

[Ricepad]

Smartcool Distributor Installs at McDonald's Chain in Riyadh
Read more at Stockhouse.com.

[Ricepad]

Smartcool's Partnership With LCS Energy Solutions Achieves 30% Energy Savings At Mercedes-Benz Ipswich, Part of The Jardine Motor Group

VANCOUVER, BC--(Marketwired - July 18, 2017) - Ted Konyi, CEO, Smartcool Systems Inc. (TSX VENTURE: SSC) (OTC PINK: SSCFF) is pleased to announce that the company's ECO3 energy solution product has successfully saved in excess of 30% energy at a Mercedes-Benz, Ipswich auto dealer, which is part of the Jardine Motor group.

Jardine Motors is an authorised franchisee for 23 motoring manufacturers, they operate across 70 locations and employ over 3,000 team members, operating under the successful Lancaster trading name.

LCS Energy, having identified a number of heat pumps that would benefit from Smartcool's ECO3 energy reduction product, engaged with the Smartcool engineers who then installed at the Merdeces-Benz site in Ipswich. The Mitsubishi Heat Pumps were connected via an OEM control card without downtime or any negative impact. Device level sub metering was then installed by Smartcool engineers to measure energy consumption, isolating the supply to the Mitsubishi Heat Pumps which enabled LCS Energy the ability to validate results through a fully accessed web portal. Energy data clearly showed continued savings that were in excess of 30%.

Steven Martin, Smartcool's Executive Vice President said, "This installation is the first of many from Smartcool and LCS Energy, a successful partnership that has seen this project designed and executed by the Smartcool's UK team that delivered fantastic results. The Smartcool energy solution will bring both financial and environmental benefits to The Jardine Group."

Ted Konyi stated, "Our UK team did a great job working with LCS Energy and the people at Jardine Motor Group on this project. The results from the installation further proved the efficacy of the Smartcool technology. In particular, the fact that this is a heat pump means that the client will be seeing energy savings year round. We are pleased to assist Jardine Motors in reducing their carbon footprint and look forward to working with them at the balance of their auto dealerships."

James Martin, Business Development Director at LCS Energy commented, "Following the installation of an energy monitoring solution across the Mercedes-Benz dealership, LCS was able to analyse the overall energy consumption on site. This analysis allowed us to present Smartcool as an informed and focused investment to support Jardine Group's global objectives of increasing efficiencies and realising energy reductions to meet their ESOS compliance in the UK. The results have achieved above expectations and following this success a nationwide roll-out is now being considered."

About LCS Energy - Energy Reduction Specialists

At LCS Energy, we support your business with energy efficient solutions, providing you with a sustainable future and reducing your carbon impact on the environment. With over 20 years of contracting experience, a significant number designing, installing and commissioning renewable and energy efficient projects. LCS Energy offers its clients an honest and unbiased view of the latest technologies available to reduce your wastage, your costs and your carbon footprint.

Our in-house specialists via our Energy Management programme can show you when and where you are using your energy but more importantly where you are wasting your energy. LCS Energy will then work with you to reduce your wastage by providing solutions tailored to your business need, whether that be behavioural, energy efficient or renewable energy driven.

About Jardine Motors

Founded in 1969 by Nicholas and Ronald Lancaster, the Jardine Motors Group originated as a family-run dealership in East Anglia. At the outset, the group represented just four motoring marques: Ferrari, Mercedes-Benz, Porsche and Volvo.

Jardine Motors have also acquired a flagship dealership, McLaren London, located in the luxurious area of 1 Hyde Park, Knightsbridge. In 2013, Jardine Motors Group majorly invested in the refurbishment and development of a number of dealerships within the group. These included; Ferrari & Maserati Colchester, Toyota Colchester and Milton Keynes Audi.

The group is committed to maintaining a high standard and share the Jardine Matheson ethos of constant evolution.

Since arriving in the UK, Jardine Motors has continued to expand, adding various dealership locations throughout the country. Jardine Motors is an authorised franchisee for 23 manufacturers, operating at over 70 locations nationwide. They employ over 3,000 team members throughout our locations, operating under the successful Lancaster trading name.

Jardine Matheson was founded in 1832 as a trading company, based predominantly in China. The conglomerate is incorporated in Bermuda and is primarily listed on the London Stock Exchange. The group also includes: Jardine Motors; Jardine Lloyd Thompson; Jardine Pacific; Hong Kong Land; Dairy Farm; Mandarin Oriental; Jardine Cycle and Carriage; and, Astra International. These businesses are leaders in the sectors of: motor vehicles, insurance broking, engineering and construction, retailing, luxury hotels and restaurants, property investment and development and mining and agribusiness.

Jardine Matheson's business ethos has always involved a constant evolution to keep up with the pace of modern times; this can be proved in many of the ways Jardine Matheson's subsidiaries have developed.

About Smartcool

Smartcool Systems Inc. (TSX VENTURE: SSC) provides cutting edge energy efficient and energy cost reduction solutions for businesses around the world. The ECO3 and ESM are Smartcool's unique retrofit technologies that reduce the energy consumption of compressors in air conditioning, refrigeration and heat pump systems by up to 40%, giving customers a return on investment in as little as 12 months.

Legal Notice Regarding Forward Looking Statements

This news release contains "forward looking statements". Forward-looking statements are projections of financial performance or future events. Forward-looking statements can be identified by the use of words such as "expect", "anticipate", "intend", "plan", "believe", "estimate" and words of similar meaning. Forward-looking statements are based on management's current expectations and assumptions and they are subject to risks that may cause actual results to differ materially from those expressed or implied by such forward looking statements. Forward-looking statements in this news release include those concerning the company's belief in the growth opportunities in the Israel. These statements are subject to risks that may cause the actual results to be materially different in future periods from those expressed or implied by such forward looking statements. Risks that may prevent or delay the forward looking statements from coming to fruition as anticipated include the availability of working capital, risks inherent in product development, as well as market factors that may increase costs or time to market. It is our policy not to update forward looking statements except to the extent required under applicable securities laws. Further information on the Company is available at www.sedar.com or at the Company's website, www.smartcool.net.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Contact Information:

For further information

WEB www.smartcool.net and www.smartcooleco3.com EMAIL [e-mail]

Investor inquiries

Mike Kordysz
Vice President, Investor Relations
TEL [phone]
EMAIL [e-mail]

[Ricepad]

Smartcool Systems Inc. Announces Sales Funding Program And Debenture Financing

VANCOUVER, BC--(Marketwired - August 03, 2017) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES

Smartcool Systems Inc. (TSX VENTURE: SSC) is pleased to announce today the initiation of a funded sales program. The program has been designed to provide funding for clients that want to install Smartcool's proprietary energy efficiency products but lack the capital budget to do so.

Nick Weedon, Smartcool's UK National Sales Manager stated, "Having successfully installed in numerous locations in the UK over the last 12 months, we have seen that clients are keen to expand the Smartcool technology across further sites and locations because the Smartcool technology has had a positive effect in driving down energy costs. Because of this, we have decided to implement a funding programme that we expect to allow clients to reap the benefits of the Smartcool technology without experiencing the usual restrictions and unneccesary delays typically associated with large scale capital requirements."

"The appreciable level of interest from several key clients with whom we have discussed our proposed funding program has encouraged us to move it forward. Existing key partners have already started to introduce this to their clients. We believe that reviewing our current sales opportunities can accelerate sales and exceed ambitious company targets for the balance of the year."

We are confident that a funding program should provide the opportunity for many clients to see immediate net cash flow, as we believe that energy savings should be greater than term payments.

In order to fund the new initiative, Smartcool Systems Inc. is announcing today the commencement of a non-brokered private placement (the "Offering") of up to 5,000 units (each a "Unit") at a price of $1,000 per Unit to raise a total of up to $5,000,000. Each Unit to be comprised of one 8% unsecured non-convertible debenture (each, a "Debenture") and 1000 common shares (each, a "Common Share") of the Company.

The Company intends to use the net proceeds from the Offering to finance installations of its proprietary control technologies in the energy efficiency sector as part of its overall growth strategy.

The Debentures will bear interest at a rate of 8% per annum, payable monthly in arrears and is anticipated to mature on December 31, 2020 (the "Maturity Date"). The Debentures will be non-convertible, non-redeemable and non-transferable. The Debentures partially comprising the Units are not and will not be listed on any stock exchange or market. The Common Shares of the Corporation are listed on the TSX Venture Exchange and trade under the symbol "SSC". The Common Shares comprising the Units will be subject to resale restrictions imposed by law, including a regulatory resale restriction for four months and one day from their date of issuance.

The Company has engaged Ascenta Finance Corp. to effect sales of the Units or to find purchasers of the Units. The Corporation has agreed to pay a selling commission or finder's fee to Ascenta of 8% cash and 8% broker warrants of the gross proceeds from the sale of Units to purchasers introduced by Ascenta.

Marshall Farris, President of Ascenta Finance Corp. commented, "The current appetite for financial yield products with investors is very high. By matching investors that are looking for income with companies looking for energy savings, Smartcool will be creating a real win-win scenario. We at Ascenta look forward to assisting the company with this funding program."

Completion of the Offering is subject to the Company closing on a minimum of $200,000 on or prior to September 30th, 2017. The Company intends to make the Offering by way of private placement in Canada but the Units may be offered in other jurisdictions where they can be issued exempt from any prospectus, registration or other similar requirements.

The Offering is subject to certain conditions including, but not limited to, the approval of the TSX Venture Exchange.

The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements. This document shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Smartcool

Smartcool Systems Inc. (TSX VENTURE: SSC) provides cutting edge energy efficient and energy cost reduction solutions for businesses around the world. The ECO3 and ESM are Smartcool's unique retrofit technologies that reduce the energy consumption of compressors in air conditioning, refrigeration and heat pump systems by up to 40%, giving customers a return on investment in as little as 12 months.

About Ascenta

Ascenta Finance Corp. is a private, independent Canadian institutional investment bank headquartered in Vancouver, British Columbia. It is committed to financing and aiding emerging small-cap companies and focus on transactions in the range of $1 million to $25 million.

Ascenta Finance Corp. is registered as an Exempt Market Dealer with the British Columbia, Alberta, Saskatchewan, Manitoba and Ontario Securities Commissions and is a member of the Private Capital Markets Association of Canada and the National Exempt Market Association.

On behalf of Smartcool Systems Inc.
Theodore Konyi, President

Forward-looking statements: Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Forward looking statements in this release include those concerning the size and timing of the Offering and the proposed use of proceeds. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, as well as other factors beyond the Company's control. These forward-looking statements are made as of the date of this news release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information:

Theodore Konyi, President
604.669.1388
[e-mail]

Mike Kordysz
Vice President, Investor Relations
604.904.8632
[e-mail]

For more information about the Offering, please contact:
Ascenta Finance Corp.
Marshall Farris, President
604.637.6373
[e-mail]

[Ricepad]

Smartcool 2nd Quarter Revenues Grow 300% over 1st Quarter

Vancouver, British Columbia--(Newsfile Corp. - August 29, 2017) - Smartcool Systems Inc. (TSXV: SSC) (OTC Pink: SSCFF) ("Smartcool" or the "Company") is pleased to report that it has filed its Second Quarter Management Discussion and Analysis ("MD&A") and unaudited financial statements for the six-month period ended June 30, 2017, on SEDAR.

Sales revenues were $261,784 and $347,741 for the three and six-month periods ended June 30, 2017, respectively. This compares with $26,854 for the three-month period ended June 30, 2016 and $169,351 for the six-month period ended June 30, 2016, representing sales growth of growth of 975% and 205% respectively.

Operating losses were ($211,881) and ($556,083) for the three and six-month periods ended June 30, 2017, respectively. This compares with a loss of ($419,697) for the three-month period ended June 30, 2016 and ($741,008) for the six-month period ended June 30, 2016, representing a reduction of 50% and 25% respectively.

EBITDA (defined below) was ($73,703) and ($279,535) for the three and six-month periods ended June 30, 2017. This compares with ($265,133) for the three-month period ended June 30, 2016 and ($425,533) for the six-month period ended June 30, 2016, an increase of 72% and 34% respectively.

Ted Konyi, Smartcool's Chief Executive Officer, said that he "attributes these results to the initiation of a direct sales model in North America and the addition of five sales agents. The overall demand for energy efficiency as a function of increasing utility rates and continued concern over global climate change is growing steadily and we are seeing this reflected in our efforts to grow Smartcool's sales. Rising utility rates emphasize how Smartcool's suite of products can be financially beneficial by effectively reducing pay back periods and increasing ROI (Return on Investment) for our customers".

About Smartcool

Smartcool Systems Inc. provides cutting edge energy efficient and energy cost reduction solutions for businesses around the world. The ECO3 and ESM are Smartcool's unique retrofit technologies that reduce the energy consumption of compressors in air conditioning, refrigeration and heat pump systems by up to 40%, giving customers a return on investment in as little as 12 months.

Smartcool prepares and releases unaudited quarterly and audited consolidated annual financial results provided in accordance with IFRS. In this earnings release, Smartcool has also disclosed and discussed EBITDA, a non-IFRS financial measure. Smartcool has disclosed this non-IFRS financial measure because management believes it is relevant in evaluating Smartcool's performance. EBITDA (Earnings Before Interest Taxes Depreciation and Amortization) consists of revenue less cost of goods and general and administrative expenses.

For further information
WEB www.smartcool.net and www.smartcooleco3.com EMAIL [e-mail]

Investor inquiries
Mike Kordysz
Vice President, Investor Relations
EL [phone] EMAIL [e-mail]

Forward-looking statements: Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Forward looking statements in this release include those concerning the Company's observation that concern over global climate change is growing steadily and that this growth and rising utility rates will be reflected in Smartcool's sales. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, as well as other factors beyond the Company's control. These forward-looking statements are made as of the date of this news release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

[Ricepad]

Smartcool Systems Inc. Announces Jamaican Partnership and Multiple Jamaican Installations

Vancouver, B.C. August 21, 2017, Smartcool Systems Inc. (TSXV: SSC OTC: SSCFF) is pleased to announce today a joint venture partnership with Alternative Power Sources Limited (“APS”) in Jamaica. The partnership was formed to facilitate the installations of Smartcool technology for commercial customers in Jamaica. APS is the premier supplier of commercial solar panels and related products in Jamaica and has operations in a number of the Caribbean islands. After completing several Smartcool installations, APS became convinced that Smartcool’s technology could have widespread applications in the Caribbean. Frank Lawrence, who joined the Smartcool team earlier this year, originally introduced APS to the product when Frank was acting as a distributor. Frank now heads up Smartcool’s direct sales strategy in the Caribbean.

Damian Lyn, CEO, Alternative Power Sources said, "We have been providing turnkey solar installations in Jamaica and other Caribbean islands for 14 years. With the very high cost of electricity, large commercial customers are looking for alternatives to grid power. These very same clients are also interested in other energy efficiency technologies and Smartcool represents a substantial opportunity to further reduce costs and carbon footprint. We look forward to assisting Smartcool in providing installation services and referrals to our existing client base of satisfied customers."

Frank Lawrence, Smartcool’s Sales Director said, "Working with Damian and his staff at APS has been a pleasure. Initial client introductions have gone very well, making it clear that Damian and his people have developed great relationships. These introductions have led to the completion last week of three installations, including a large food processor and distributor, a major fast food franchise operation and a grocery store. Currently there are 8 accepted proposals for Smartcool installations in Jamaica including a number of multi- location hotels and resorts. With high ambient temperatures and high utility rates, the opportunity for significant monetary savings in Jamaica and the Caribbean is substantial."

About Smartcool
Smartcool Systems Inc. (TSX-V: SSC OTC: SSCFF) provides cutting edge energy efficient and energy cost reduction solutions for businesses around the world. The ECO3 and ESM are Smartcool’s unique retrofit technologies that reduce the energy consumption of compressors in air conditioning, refrigeration and heat pump systems by up to 40%, giving customers a return on investment in as little as 12 months.

About Alternative Power Sources
Alternative Power Sources (Jamaica) Limited (APS) is the leading alternative energy solution company in Jamaica. From as early as 2003, the principals of APS have been engaged in projects utilising renewable energy coupled with engineering designs, energy efficiency consultancy and management, energy audits and implementation of energy efficiency programmes. APS has served over 800 clients in Jamaica and the Bahamas with total installed power just over 6.5 MW. We are committed to learning and collaboration and maintain our association with the Florida Solar Energy Center (FSEC) as one avenue to interact and keep abreast with developing solar technology.

APS is dedicated to providing quality consultation, engineering and initiatives for the development of energy efficient activities as well as the use of wind, solar and hydro energy in Jamaica and the wider Caribbean.
For further information

www.smartcool.net | www.smartcooleco3.com | EMAIL [e-mail]
Investor Inquiries

Mike Kordysz,
Vice President, Investor Relations
TEL [phone] | EMAIL [e-mail]

Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Forward looking statements in this release include those concerning the size and timing of the Offering and the proposed use of proceeds. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, as well as other factors beyond the Company’s control. These forward-looking statements are made as of the date of this news release.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.