retired
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The release of drill results must be kept very securely as positive reports will blast the share price much higher.
my comments "
Your absolutely right! Must have security over the assay results- assuming they are as positive as last reported assays. I am a firm believer that "visuals" are NOT reliable. the ASSAY reports tell the real story. premature tales of visuals tend to come from drill crews and can get people reporting results that cannot be reliable.
If the assays confirm what the bonanza report infdicates we will have a great summer!!
" ("GLM" or the "Company")(OTCQB:GOLXF) is pleased to announce that a Phase 2 diamond drill program has started on its keystone Jewel Ridge project, near Eureka, Nevada. The drill contractor is Big Sky Exploration, LLC, based in Bozeman, Montana, and supervision and support are supplied by a team of consulting and Company geologists and technicians. The proposed drill program of 20,000 feet (6,100 meters) will be augmented with a second rig later in the summer. The initial drill holes will be directed at the Carbonate Replacement Deposit ("CRD") bonanza mineralization intersected in hole JR-20-12DD which returned from 15.21 meters to 18.44 meters returned 3.23 meters averaging 57.16 g/t Au, 452.0 g/t Ag, 7.23 % Pb, and 11.99% Zn (see PRD dated Feb 23, 2021).
Subsequent targets will include the Hamburg Zone where drilling last year returned a wide zone of mineralization in holes JR-20-02 from 123.44 to 181.36 meters, over 57.91 meter in width (drill width) averaging 0.44 g/t Au and 3.0 g/t Ag, with a higher-grade portion from 152.40 to 169.16 meters, over 16.76 meters averaging 0.94 g/t Au and 6.6 g/t Ag.
Also, at the Hamburg Zone a CRD intercept drilled in a 2012 program has never been followed up by diamond drilling. Reverse circulation ("RC") JR-12-06, from 15.2 to 18.2 meters, over 3.0 meters returned 1.1 g/t Au, 601.0 g/t Ag, 8.8 % Pb, and 4.7 % Zn.
"We are excited to have the drills turning again on our Jewel Ridge property and are looking forward to testing the bonanza mineralization we intersected last fall." stated CEO Mike England.
Qualified person
Golden Lake Exploration's disclosure of a technical or scientific nature in this news release has been reviewed and approved by Garry Clark, P.Geo., who serves as a qualified person under the definition of National Instrument 43-101.
About the Jewel Ridge Property
The Jewel Ridge property is located on the south end of Nevada's prolific Battle Mountain - Eureka trend, along strike and contiguous to Barrick Gold's Archimedes/Ruby Hill gold mine to the north and Timberline Resources' advanced-stage Lookout Mountain project to the south."
Further revenue-producing products added to RHT portfolio. Seems to promise a significant additional revenue stream. This is the best way to justify a higher-priced share goal.
" (“Reliq” or the “Company”), a rapidly growing global telemedicine company that develops innovative Virtual Care solutions for the multi-billion dollar Healthcare market, today announced that it has four new Skilled Nursing Facility clients in the Southern United States, and is expanding its Care Management team in response to significant demand for the Company’s Care Management Services.
“We are very pleased to be working with these four new Skilled Nursing Facilities and expect to begin onboarding their patients next month,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “Skilled Nursing Facilities (SNFs) were among the hardest hit by the global pandemic, but thanks to the successful vaccine rollout in the US they are now able to resume operations and focus on offering new, proactive healthcare options to their patients. Using our iUGO Care platform, SNFs can provide discharged patients with Transitional Care Management, Remote Patient Monitoring, Annual Wellness Visits and other services aimed at preventing readmissions and proactively managing chronic conditions to improve health outcomes. These services create new, high margin revenue streams for Skilled Nursing Facilities while also improving patient satisfaction, and help SNFs avoid significant financial penalties assessed by Medicare and Medicaid for preventable readmissions. The average revenue for Reliq for these clients is $50 USD per patient per month.”
The Company also announced that it is expanding its Care Management Team in response to rapidly growing demand for its Care Management Services. “During the pandemic we have had all of our Care Managers working from their own homes, and that has been very successful,” said Dr. Crossley. “This is very good news for Reliq in terms of scaling up our Care Management Services as it means that we can hire Care Managers in any US State, and will not be limited by a finite pool of qualified personnel in a single area. We’re excited to see the increasing demand for Care Management, our premium product which generates an average revenue of $100 USD per patient per month.”
Reliq Health
Reliq Health Technologies is a rapidly growing global telemedicine company that specializes in developing innovative Virtual Care solutions for the multi-billion dollar Healthcare market. Reliq’s powerful iUGO Care platform supports care coordination and community-based virtual healthcare. iUGO Care allows complex patients to receive high quality care at home, improving health outcomes, enhancing quality of life for patients and families and reducing the cost of care delivery. iUGO Care provides real-time access to remote patient monitoring data, allowing for timely interventions by the care team to prevent costly hospital readmissions and ER visits."
I think Neo is the Canadian version of NASDAQ
" ("Kontrol Technologies" or "Kontrol" or "Company") a leader in smart buildings and cities through IoT, Cloud and SaaS technology, is pleased to announce that it has received final approval to list its common shares on the NEO Exchange (the "NEO") and intends to voluntarily delist its common shares from the Canadian Securities Exchange (the "CSE"). To ensure continued and seamless trading for the Company's shareholders, the Company's common shares are expected to be delisted from the CSE at the close of trading on May 5, 2021 and listed for trading on the NEO under the trading symbol "KNR" at the open of trading on May 6, 2021. The transition is not expected to impact current investors ability to trade shares of Kontrol.
Kontrol Technologies Corp. (CNW Group/Kontrol Technologies Corp.)
"Following a strategic review of a senior Canadian uplisting we selected the NEO Exchange as our preferred platform," says Paul Ghezzi, CEO of Kontrol Technologies. "The NEO shares our passion for technology and innovation and provides a transparent platform for all investors. We are looking forward to increased exposure and visibility as well as access to a larger pool of institutional investors, both in Canada and the U.S."
Normal Course Issuer Bid
The Normal Course Issuer Bid (NCIB) undertaken on the CSE that was announced on March 24, 2021, shall terminate, effective upon the Company's delisting from the CSE. The Company intends to implement a new NCIB program, to be announced at a later date, once the Company is listed on the NEO.
Annual Information Form
As part of its listing on the NEO the Company will file its Annual Information Form on SEDAR prior to May 6, 2021.'
Finally, management announces the first major acquisition in their planned business development of FRMA.In good time, more areas will be announced. The successful build-out of these projects will determine the success of FRMA.
" (OTC PINK:FRMA) is pleased to announce that it has entered into an Agreement to acquire a 51% interest in the existing shares of Innovative Product Solutions Inc (IPS), a Colorado based product marketing and development company based on a typical 30 day Due Diligence period,
Sebastien Dufort stated; "We are extremely excited to complete this transaction, which gives Firma Holdings control of IPS, a global management company. IPS has the resources to manage every aspect of the process necessary to prepare new innovative products for launch and sales expansion in the retail market place, while reaching the consumer, and building prominent retailers product categories incrementally. Additionally, Firma Holdings, IPS, and Firma's shareholders may have opportunities to participate in equity offerings in IPS clients at an early stage."
IPS is led by President and CEO, Paul Luna, who has managed teams in product development including the full roll out to consumers. IPS has a seasoned team of professionals with a long history of successful product launches.
PROOF Ice Cream - An artisan ice cream company in Columbia, South Carolina, Proof is changing the way people think about dessert. PROOF uses patented formulas and production techniques and is handcrafted daily using top-shelf liquor as a key ingredient to create a savory end-product with an unmatched creamy consistency.
STRÄVA Coffee - Is a high end CBD coffee manufacturer based in Colorado. STRÄVA is a belief, a commitment, and a promise; it signifies 7 attributes of purpose, quality and transparency that we embrace and ensure are delivered in every product that bears the STRÄVA mark. https://www.stravacraftcoffee.com
Country Smooth - Is a premium American Whiskey that was born out of a love for country music and the American lifestyle. A smooth, approachable, modern spirit created to broaden the appeal of an American classic to a modern audience of women and men, whiskey lovers and novices alike. http://countrysmooth.com
A summary of agreement terms is as follows;
At the signing of this agreement, Firma Holdings will issue 30,000,000 shares of restricted common stock to the shareholders of IPS in exchange for 51% of the IPS shareholders pro-rata share interests in IPS.
If the operations of IPS do not generate, during the period ending one year after the Closing, but prior to the second anniversary of the Closing, more than $1,000,000 of gross revenue with EBITDA of at least $250,000, then the shareholders of IPS will return to Firma 7,500,000 shares of common stock
Firma expects this to be the first of a number of acquisitions in accordance with Firma Holding's new corporate directives, Firma Holdings Corp. is an organized and engaged in the business of fostering early-stage companies through the different developmental phases. The intent is to acquire an interest in a company that already has the potential to succeed on its own; use Firma Holding's resources to further assist the acquisition target to grow and develop; and at the appropriate time, distribute the shares to our shareholders.
Drilling begins today on the very promising Nevada site.
their webpage links a video of the area. A must-see for investors
I will commend management for properly handling today's news regarding Beach's report of decreased oil projections.
It's not a major imminent problem with oil prices rising but has to adjust the life of the production.
Reserve Update
Beach report that a review of 2P reserves across the Western Flank oil and gas fields, including the Bauer oil field on ex-PEL 91, was undertaken following recent declines in oil production. This review has resulted in a net downgrade to 2P reserves across their Western Flank assets. (Note: Western Flank includes the Company's GOR licences ex-PEL's 91,106,107 and PRL 26, as well as ex-PEL's 92,104 and 111, over which the Company does not have a GOR).
With respect to the GOR licences;
oil reserves in the Bauer oil field in ex-PEL 91 have been downgraded by 6.0 MMboe
oil reserves in four other fields in ex-PEL 91 have been downgraded by 8.2 MMboe
reserves in ex-PEL 106 gas fields have been downgraded by 7.2 MMboe
Production Update
Beach have not provided a specific production update for the GOR licences. However, Beach forecast FY21 production of 8.6MMboe for the Western Flank assets. Beach estimate that FY22 Western Flank oil production is expected to be 4.0-5.0 MMbbls below their previous estimates.
The Company will update shareholders as soon as it is in receipt of any specific production forecasts for the GOR licences.
Drilling Update
Drilling of the FY21 wells was completed in March 2021 and they are being progressively connected and completed on pump. This activity will continue into Beach's FY22.
The FY22 drilling program will focus on;
infill drilling within existing oil fields
exploration of Namur targets
exploration of over 100 targets and leads already identified and prioritized
Guidance
Beach updated their FY21 Guidance with their Half Year results on February 15th, 2021, and this was summarized in a Company News Release dated February 17th, 2021. Beach report that since the FY21 Half Year Results, additional production data from Bauer oil wells drilled throughout the FY21 drilling campaign confirmed production decline. In addition, Beach report that recent results from oil wells drilled outside of the Bauer oil field, including the Balgowan, Chiton, Hanson and Kalladeina fields have "come in at the low end of expectation".
Beach report that as a result of continuing variability to the business, which include adjustments because of the Covid-19 pandemic, and reductions in Western Flank oil and gas production, it has withdrawn, and will no longer provide, a five-year outlook in its current form.
"Obviously we are pleased with the recent increase in the oil price and this should offset the effects on the GOR of a possible decrease in production for the current quarter, but the downgrading of reserves is disappointing for the long term." stated Ian Rozier, President and CEO of the Company.
Because of the time-zone difference, disclosure of information contained in this news release and as provided by Beach was available in Australia on Thursday April 29, 2021 after market hours in Canada. Because of the uncertainty in being able to disseminate this news release in a timely manner on Friday April 30, 2021 the Company took advice from its legal counsel and asked for trading in the Company's shares to be halted pending dissemination such that shareholders and potential investors unaware of the Beach ASX announcement made late on Thursday April 29, 2021 PST, would not be disadvantaged.
Well ASKED and ANSWERED certainly was followed as I reported yesterday! Properly RHT Investor relations response to my inquiry re-employ changes was " I am impressed.
they have assured me that there has not been any change in the members of their executive staff. If there was, an announcement would be announced to the public."I was NOT given information that had NOT been revealed publically! Exactly as it should be.
(“Reliq” or the “Company”), a rapidly growing global telemedicine company that develops innovative Virtual Care solutions for the multi-billion dollar Healthcare market, today announced that it has adopted the FHIR (Fast Healthcare Interoperability Resources) standard for its iUGO Care platform to meet the needs of large-scale enterprise clients such as managed care plans and other payers, who must comply with new CMS regulations for interoperability.
“Incorporating the FHIR standard into our platform allows Reliq to offer current and prospective clients cutting edge interoperability capabilities,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “In December 2020 the US Centers for Medicare and Medicaid Services (CMS) introduced the CMS Interoperability and Prior Authorization Proposed Rule, which would require CMS-regulated payers to adopt the FHIR standard. FHIR is essentially a standardized framework for healthcare data exchange which CMS has adopted in order to improve communication between diverse healthcare information systems, and to streamline Prior Authorization processes to ensure in advance that patients are eligible (and providers will therefore be reimbursed) for any services to be provided. This proposed rule builds on the existing CMS Interoperability and Patient Access Final Rule, which will be enforced by CMS as of July 1, 2021. Under these new interoperability standards, Medicare Advantage (MA) plans, Medicaid and Children's Health Insurance Program (CHIP) managed plans, State Medicaid and Qualified Health Plans (QHP) are required to use the FHIR standard to enable seamless data exchange between providers, payers and patients. Our new patient portal leverages the FHIR standard to provide patients on the iUGO Care platform with secure, seamless access to their healthcare data in accordance with the new regulations. Implementing FHIR significantly expands the Company’s total addressable market, allowing Reliq to work directly with large-scale enterprise clients such as managed care plans, private insurers and other payers as well as healthcare providers.”
The Company also announced that it has hired Dave McKay in the newly created position of Chief Technology & Innovation Officer. Mr. McKay has over 30 years of experience in Software Development and brings significant expertise in healthcare technology, cybersecurity, privacy and product innovation to Reliq. His experience in developing enterprise-level solutions for the healthcare market will be invaluable to the Company as it executes on its strategy to rapidly scale its business over the remainder of 2021 and beyond. The Company would also like to announce that it has eliminated the positions of Chief Technology Officer and Chief Innovation Officer, previously held by Rob Prouse and Bassma Ghali, respectively, and wishes to thank both Mr. Prouse and Dr. Ghali for their contributions to date. Mr. McKay will assume the responsibilities previously associated with these two roles.
Reliq Health
Reliq Health Technologies is a rapidly growing global telemedicine company that specializes in developing innovative Virtual Care solutions for the multi-billion dollar Healthcare market. Reliq’s powerful iUGO Care platform supports care coordination and community-based virtual healthcare. iUGO Care allows complex patients to receive high quality care at home, improving health outcomes, enhancing quality of life for patients and families and reducing the cost of care delivery. iUGO Care provides real-time access to remote patient monitoring data, allowing for timely interventions by the care team to prevent costly hospital readmissions and ER visits. Reliq Health Technologies trades on the TSX Venture under the symbol RHT, on the OTC as RQHTF and on the WKN as A2AJTB.
I have done significant DD with Investors' aid of RHT over the years. I should state I am a long-time investor in RHT from decades ago. The days of $3-4.00 share price. I haven't called them for years but when I did today, I was called back within 20 minutes as the gentleman remembered my past participation. I am impressed.
they have assured me that there has not been any change in the members of their executive staff. If there was, an announcement would be announced to the public.
They say the next financial statement will be positive but the following financial statement will be much more significant. I believe the company President has already stated that in interviews.
Mistakes have been made by management but I believe the RHT system is superior in delivering health aid to the patients professionally and economically.Shareholders will be rewarded by management's success!
Unfortunately,Shorters have been successful and continue to attempt to protect their positions
Question their claims and motives.
Finally, some news re drilling resuits. Some encouraging areas noted.
" Infinite Ore Corp. (the "Company") (TSXV:ILI)(OTCQB:ARXRF) is pleased to announce results from a VTEM Plus geophysical survey completed this past winter on the western portion of its Eastern Vision project located in Red Lake, Ontario. Results from the VTEM survey are summarized in the two geophysical contour maps shown below (Figures 1 and 2). The magnetic map highlights several contrasting bands of high and low values some of them marking the contact horizon were Volcanic Massive Sulphide (VMS) mineralization occurred, whereas the electromagnetic contour map singles out most of the small conductive VMS bodies and indicate new potential conductive anomalous zones that warrant follow-up investigation. Such areas include a large anomaly located in the North West of the Confederation North property as well as a very large anomaly on the eastern portion of the Confederation South property. In addition, the Company reports that its drilling program is nearing completion and is awaiting results. Drilling to date on the Confederation North property has intercepted some areas of massive sulphide mineralization as well as a significant mineralized fault zone.
J.C.St-Amour, President of Infinite Ore commented, "The VTEM survey has given us some interesting targets for follow-up. We have flown a high-resolution mag survey over the large anomaly on Confederation North and are awaiting results. We are planning a ground prospecting program over the very large anomaly on Confederation South, an area that has seen little exploration, to better understand its source. In addition, there are a number of smaller anomalies that are prospective for VMS style mineralization that deserves additional exploration work."
Major expansion of production capacity of the plant promises great increase in product. Revenue should show a significant increase.\"
"("PLAN" or the "Company"), is pleased to announce it has expanded its comminution plant's toll processing capacity by a factor of eight times with the addition of a larger ball mill.
Progressive Planet Solutions Logo (CNW Group/Progressive Planet Solutions)
Comminution is the reduction of solid materials from one average particle size to a smaller average particle size, by crushing, grinding, cutting, vibrating, or other processes.
On August 14, 2020, PLAN announced that it had completed the design and construction of its comminution plant. The plant was built to enable easy disassembly and has functional capability to size-reduce rocks from 6 inches down to 5 microns. For reference, one inch is equivalent to 25,400 microns.
In January 2021, PLAN ordered a larger ball mill (approximately 8 times the processing volume) to enable it to process more material per hour. This mill was received on March 26, 2021 and has now been commissioned.
PLAN has ordered additional equipment to further automate the processing capability of the comminution plant and further improve processing capacity. This equipment is expected to be received and fully operational in May 2021.
Since mid March 2021, PLAN has received over $250,000 in purchase orders for rock powders from its existing customers and has also received requests for quotes from multiple new potential customers.
Due to the increased demand for our services, PLAN has hired and trained staff and commenced running a full second shift effective April 12, 2021 at the comminution plant.
"We are excited that we could get our new mill manufactured in Canada and to be creating employment, especially when so many businesses are struggling during these unprecedented times. PLAN creates specialized rock powders supplying our B2B customers who then sell the product throughout North America and Europe," stated Ian Grant, Manager of Business Development.
PLAN is searching for a permanent facility to house its growing comminution business.
"Should one be wondering what the grinding of soft rock powders has to do with the company's work on developing new technologies for the cement industry, the answer lies in our vision for the future" stated CEO Steve Harpur.
"The current plant provides the company with an opportunity to generate fast revenues from an existing business, but the facility is also going to serve as a testing centre for the development of PozGlass™ SCM.
We believe the demand for pozzolan based cement powders will accelerate as fly ash is no longer generated from combusting coal. We are also seeing tremendous demand to toll process minerals as farmers switch away from chemical fertilizers to natural fertilizers. The purchase orders we received in the last month greatly exceed the tonnage of material processed since we opened our comminution plant last August and we are using the same equipment we use to process natural pozzolans and pulverized post-consumer glass" stated Harpur.
ABOUT PROGRESSIVE PLANET
Progressive Planet is an emerging leader in supplying solutions for a livable planet by developing low carbon, pozzolan-based, cementing products which replace equivalent amounts of Portland Cement and fly ash in concrete. The production of Portland Cement is the second largest global generator of CO2 emissions.
Progressive Planet operates its flagship Z1 Natural Pozzolan Quarry in Cache Creek, British Columbia and is earning a 100% interest in the Z2 Natural Pozzolan Property near Falkland, BC and earning a 100% interest in the Heffley Creek Metals and Natural Pozzolan Property. All three properties are within a one-hour drive of Kamloops, BC, an industrial hub with rail access to Canadian and US markets."
First week in May starts drilling on the major project for GLM. Verification of major find will make this company!
"(CSE:GLM) ("GLM" or the "Company")(GOLXF:OTCQB) is pleased to announce it has engaged Big Sky Exploration, LLC, based in Bozeman, Montana, for the upcoming core drill program at its Jewel Ridge project, Nevada.
Negotiations are underway with a second drill to join the program in Q2 of 2021.
"We are very pleased to have secured Big Sky for our upcoming program at Jewel Ridge set to commence the first week of May. Our objectives will be to follow up on last season's core drilling success and to begin testing numerous other targets also defined." stated CEO Mike England.
Golden Lake will embark on a 20,000-foot core drilling campaign to follow up and begin delineating the size extent of drill hole JR-20-DD12 which intersected from surface an intercept of 24.54 meters returning 9.16 grams gold per tonne (g/t Au), 65.8 grams silver per tonne (g/t Ag), 1.03 percentage lead (% Pb), and 1.90 percentage zinc (% Zn)including a higher "bonanza" grade portion from 15.21 meters to 18.44 meters returned 3.23 meters averaging 57.16 g/t Au, 452.0 g/t Ag, 7.23 % Pb, and 11.99% Zn (see PRD dated Feb 23, 2021). Surface sampling of the South Eureka target area returned very similar mineralization averaging 3.43 Au, 196.3 g/t Ag, 8.8% Zn and 0.88% Pb (see Company PR dated Feb 1, 2021) and will also be a focus of the upcoming diamond drill program. This sample area is located approximately 125 meters from the collar of hole JR-20-DD12, and on-trend, and interpreted as the south-west extension of the Northeast Eureka Zone.
The Company further announces it has set 100,000 options at $0.45 to a Director of the Company.
About the Jewel Ridge Property
The Jewel Ridge property is located on the south end of Nevada's prolific Battle Mountain - Eureka trend, along strike and contiguous to Barrick Gold's Archimedes/Ruby Hill gold mine to the north and Timberline Resources' advanced-stage Lookout Mountain project to the south.
MANAGEMENT ANNOUNCE START OF FURTHER EXPLORATION OF JACKPOT LITHIUM HOLDING, PRIOR TO DRILLING LOCATION SELECTION.
March 24, 2021 / Infinite Ore Corp. (the "Company") (TSXV:ILI)(OTCQB:ARXRF) is pleased to announce that it has commenced a magnetic survey on the Jackpot Lithium project. Novatem Airborne Geophysics is on site and flying the survey this week with results expected in the coming weeks. The goal of the survey is to identify structures on the property that would assist in locating high priority lithium targets for future drilling in order to add to the existing historical resources. The property contains known pegmatite showings, including two that contain historical resources of 2 million tons at 1.09% Li2O and 750,000 tons at 1.38% Li2O*. In addition, Infinite is pleased to be attending the Mines and Money Online Connect conference this week. The company will be meeting with various institutional and private investors.
J.C. St-Amour, President of Infinite Ore commented, "This high-resolution mag survey, flying at a 25m line spacing, is expected to assist us in identifying additional pegmatite dikes, focusing our exploration efforts on high priority targets within our large land package. This survey will provide valuable data that adds immediate value to the property and is money well spent in advance of additional exploration."
The Company's 100% owned Jackpot project is located in close proximity to the Georgia Lake lithium deposit, for which Rock Tech Lithium Inc. recently announced its intent to develop a lithium sulphate production facility located in Thunder Bay, Ontario.
THIS ARTICLE TELLS US ALL RE GLM POTENTIAL
Stockhouse Editorial recently reached out to CEO, President & Director Michael B. England – a resource industry veteran who has been directly involved with structuring and financing public companies in various roles for over 25 years – to update shareholders and investors specifically on the Company’s Jewel Ridge property, their unique strategy and business model, and all things Golden Lake Exploration.
SH: Mike, to start off with, and for our audience that may be discovering your company for the first time, can you please give us a little background history about yourself and a brief overview of Golden Lake Exploration’s operations?
ME: I have been involved in the venture capital markets since the 1980’s and have raised in excess of 90 million dollars for junior mining projects around the world.
Golden Lake has 2 main focus areas – the flagship project being the Jewel Ridge project in Nevada and in Canada we have the Copperview project located near Princeton, BC and adjoins Kodiak Coppers MPD project.
SH: Can you give us some details and updates on your two recent high-grade discoveries on the Northeast and South Eureka Targets areas at Jewel Ridge? The drill results look phenomenal!
ME: Our big discovery hole (3.23 metres averaging 57.16 g/t Au, 452.0 g/t Ag, 7.23 per cent Pb and 11.99 per cent Zn) came from a very consistent zone we have been following. While the zone is mainly Carlin style mineralization this hit is a Carbonate Replacement Deposit (CRD) style of mineralization. This is a very exciting discovery for anywhere in the world let alone Nevada!
SH: You acquired the Jewel Ridge Property in November 2019, noting strategic "Carlin-Type" targets in the prolific Battle Mountain-Eureka Trend. Can you walk us through the project to date?
ME: We are still in the early stages with this project. Alongside various geophysical and geochemical programs we have undertaken in the last year we have also been drilling on some of the patented grounds. At this time we are permitting unpatented grounds as we prepare to pursue a much bigger drill program starting in May of this year.
SH: You’ve also just announced a private placement with gross proceeds of $5.4 million with a fully committed lead order from billionaire mining investment guru Eric Sprott. This must bring a ton of ‘street cred’ to the project, correct?
ME: Yes indeed. With a lead order from Eric Sprott, the announced $5.4 million became slightly over $10 million and we could have raised more!
SH: What are some of the significant advantages Jewel Ridge’s deposit offers over others in the region?
ME: Extensive roadworks, proximity to other mines, a healthy database of historic holes yet with many untouched areas which have shown great results at surface. Nevada generally is known for low-cost operations to produce gold and with our Jewel Ridge project is offering just the right combination of oxidized mineralization and excellent grade at very shallow depths so far.
A major addition to the FRMA holdings is MONOCHROME
FRMA’s Board of Directors has established a plan of operations that includes Monochrome’s ongoing business operations, together with the operations of certain potential acquisitions it can demonstrate under contract, being
a work in process.
MONOCHROME
The Company understands that the existing consumer products market is driven by health concerns and aided by expanding product awareness. By combining the two under a single business model, Monochrome can expect to meet market demand by introducing a multitude of new products along with its current Personal Protective Equipment (PPE) and Sanitizer business. Moreover, by Monochrome’s exploitation of its products, it expects to attract partners for other products in the consumer and industrial channels that will expand as Monochrome’s product development increases.
Monochrome's Board of Directors believes that by utilizing the company's traditional and contemporary delivery methods (through its partners, such as beverage and food distributors), will best serve its development. Additionally, Monochrome’s use of non-traditional distribution and delivery channels (such as brokers who will drive business in health care, universities, and health awareness markets) will be equally effective.
THERE MAY BE AT LEAST TWO OTHER CANDIDATES BEING CONSIDERED BUT NOT ANNOUNCED
I FEEL THAT THE MARKET HAS NOT REALIZED THE SIGNIFICANT
CHANGE THAT THE NEW MANAGEMENT HAS BROUGHT TO FRMA. Under President Stebastein Dufort building on 2 successful companies he has incorporated under the FRMA label , plus a recent addition of MONOCHROME a significant revenue stream is developing..
“The company has been working diligently with existing “FRMA Legal and Accounting professionals, updating the financials, restructuring debt and adhering to the new OTC Markets requirements. The Company has created two new branches of business enterprise with each of the branches having their own unique technology for a sustainable future. They include Firma Advanced Carbon Materials, Inc. and Firma Renewables Corp. Each branch is already in negotiations with well-established partners in their respective field of sustainable energies. Management has designed a new logo and has setup a new website which is currently set to launch on March 9, 2021.”
The promised financial statement has unfortunately run into the Mexico disease and delayed the ability to complete that statement. Hopefully the statement will be released with proper disclaimers in the near future.
First the company’s website is now available but the link is changed firnaholdingscop.com
From that site “FRMA is an emerging growth company under the JOBS Act of 2012 and, as a diversified holding company, will focus on emerging and middle market international investment opportunities through its subsidiaries. FRMA and its subsidiaries are in the process of acquiring interests, joint ventures, and licensing agreements along with diligently researching creating a Special Purpose Acquisition Company in the Renewable Energy space including advanced carbon materials.”
More to come
PR TODAY GIVES UPDATE ON THE COMPANY AND ANNOUNCES NEXT DIVIDEND PAYMENT FOR JUNE. ALL GOOD NEWS.
" Newport Exploration Ltd ("Newport" or "the Company") is pleased to announce the payment of its first quarterly cash dividend ("the Dividend") in 2021 of $0.01/share to its shareholders of record at the close of business on February 25th, 2021. As previously disclosed, the Company proposes to continue with the payment of quarterly dividend distributions, with the next payment scheduled for June, 2021
Annual Dividend and 2021 Share Price Performance
The $0.01/share dividend paid on September 10th, 2020, the $0.03/share dividend paid on December 11th, 2020 and the first quarterly dividend payment in 2021 of $0.01/share dividend paid on March 12th, 2021, along with the dividend to be paid in June, 2021, will be recorded in the Financial Year ended July 31, 2021. The Company's ability to return cash to shareholders is attributed to the recurring free cash flow generated by its 2.5% Gross Overriding Royalty ("GOR") from licences in the Cooper Basin, Australia, operated by Beach Energy Ltd ("Beach").
Since 2015 the Company has paid an average Annual Yield of 21%. With Beach's exploration success, reported oil reserves and low production costs, Management is confident that shareholders of the Company should continue to be rewarded with dividend continuity.
Investors are cautioned that historical results are no guarantee of future performance.
Management Strategy
As reported in a Company News Release dated February 10th, 2021, Management's dividend strategy has enabled the Company to retain a margin of safety to maintain dividend distributions despite the sector downturn in 2020, with the option of increasing the quarterly dividend at any time, as it did in December, 2020 with the tripling of the scheduled quarterly dividend amount.
Guidance
The Company has an advantageous business model with a 2.5% GOR over permits in the Cooper Basin, Australia, with strong technical fundamentals and excellent operators in Beach and Santos Ltd ("Santos"). Beach is Australia's largest onshore oil producer with a core focus on oil exploration and development activities in the Cooper Basin. Newport has built in exposure to significant potential growth at zero risk to shareholders as there is no time limit or expiry date on the GOR assets, and no cost to the Company to retain or operate them.
As reported in a Company News Release dated January 28th, 2021, Beach continue to achieve extraordinary exploration success (particularly in oil fields on ex-PEL 91). Accordingly, Management is confident that shareholders of the Company should continue to be rewarded with dividend continuity.
Beach updated their FY21 guidance with their half year results on February 15th, 2021, and these were summarized in a Company News Release dated February 17th, 2021.
The deficit between supply and demand that had reached 2.3 million barrels a day in the fourth quarter of 2020, and the large projected draws in 2021 and 2022 are positive for oil prices. The recent increase in the price of Brent oil is encouraging. Also, as noted in previous Company news releases, shareholders are reminded that Beach's oil products command a premium price to the Brent oil price.
"The supply and demand dynamic as indicated by the declines in US oil inventories, along with a global economic recovery from the Covid pandemic all play out in the form of higher oil prices, as is happening, and this should be reflected in our royalty payments, and in turn, the dividends paid to shareholders.", stated Ian Rozier, President and CEO of Newport.
Newport has no control over operating decisions made by Beach. Accordingly, this prevents the Company from commenting on Beach's current financial status and/or operating plans going forward. The Company recommends that shareholders and potential investors access material information relevant to the Company as released independently by Beach and Santos in order to keep current during exploration, development and potential production of all the licences subject to the Company's GOR. Beach's results and performance are also subject to regular research reports by J.P. Morgan (Asia Pacific Equity Research) and by RBC Capital Markets.
About Newport
Newport holds a 2.5% GOR on several oil and gas licences and permits in the Cooper Basin in Australia. These licences and permits are currently being operated and explored by Beach and Santos both major Australian oil and gas producers.
The Company receives its GOR from Beach which is not a reporting issuer in Canada, therefore Newport is not able to confirm if the disclosure satisfies the requirements of NI 51-101 - Standards of Disclosure for Oil and Gas Activities, or other requirements of Canadian securities legislation.
The Company currently has 105,579,874 common shares issued and outstanding, and after this dividend to shareholders has approximately $6.1 million in the Treasury (comprised of cash, cash equivalents and short-term investments), and no debt.
Pegasus Resources Inc. (TSX-V: PEGA; Frankfurt – OQS2, OTC/Pink Sheet symbol SLTFF) (the “Company” or “Pegasus”) is pleased to announce that Infinite Ore Corp. (“Infinite”) has commenced a 2,500 meter drill program on the Confederation North property (formally known as Dixie 17-20) within their Eastern Vision Project.
IHUB SHOULD LIST THIS UNDER PEGA.V
TO ME, THE NEWS OF THIS AGREEMENT SHOULD START A VERY
SIGNIFICANT GAIN IN SHARE PRICE FOR MANY MONTHS TO COME . BETWEEN THE TWO MAIN PROJECTS PRODUCING ASSAYS AFTER ASSAYS WILL NATURALLY DRIVE SHARE GROWTH WITH EXPLORATION UPDATES!
NATURALLY, I AM ASSUMING POSITIVE DRI LLING RESULTS WILL BE PRODUCED. THATT IS THE DRIVER OF SUCCESS. BUT THE PRESENCE OF NEWCREST, A PROVEN WORLD LEADER IN MINING DEVELOPMENT, MUST BE ENCOURAGING TO INVESTORS.
I ENVISION MULTIPLE DOLLAR INCREASES IN VALUATION OF DHR IN DAYS, MONTHS AND YEARS.
HOPE I AM RIGHT!
OUT OF THE BLUE A VERY INTERESTING NEW PROJECT SIGNED WITH A MAJOR GOLD COMPANY TO DEVELOP ANOTHER PROJECT IN NEVADA.
" (the "Company" or "Discovery Harbour") is pleased to announce it has entered into an option and earn-in agreement ("the Agreement") with Newcrest Resources, Inc., a wholly owned subsidiary of Newcrest Mining Limited ("Newcrest") on the Fortuity 89 property in Nevada.
Discovery Harbour holds the early stage epithermal gold Fortuity 89 property, which covers close to 34 square kilometres and is located approximately four kilometres west of Discovery Harbour's Caldera property. Fortuity 89 is characterized by limited outcrop in a large gravel covered plain. The limited outcrop is strongly altered and other indications are consistent with the area being high in a potentially gold bearing epithermal system.
The basic terms of the Agreement for Newcrest to earn an interest are:
Phase Expenditures
(US$) Interest Earned by Newcrest (%) Total Time for Each Stage
Initial $ 1,500,000 Nil 12 months
I $10,000,000 51 Up to 24 months
II $20,000,000 65 Up to 24 months
III Completion of Positive Preliminary Economic Assessment in accordance with NI 43-101 (based on minimum of 1M oz gold) 75 Up to 24 months
Notes:
The initial US$1,500,000 is a minimum commitment ("Minimum Commitment"); Phases I, II and III are at Newcrest's election to proceed. Should Newcrest elect to continue to Phase I, it shall also pay to Discovery Harbour US$250,000. Newcrest can withdraw from the Agreement any time after meeting the Minimum Commitment.
The cumulative expenditure through to the end of Phase II is US$31,500,000. Any excess expenditures from a previous phase will be applied to the subsequent phase.
Newcrest may extend the Phase III period by 12 months by paying Discovery Harbour US$500,000.
At the end of Stage III, if Newcrest earns a 75% interest it then must acquire Discovery Harbour's 25% interest at a fair value based upon parameters using standard industry valuation methods.
If Newcrest earns a 65% interest in Phase II, but elects to not proceed to completion of Phase III, the respective participating interests in the joint venture will revert to Discovery Harbour owning 51% and Newcrest owning 49%.
Discovery Harbour will retain a 2% Net Smelter Return ("NSR") royalty in a designated area of the joint venture area, that Newcrest has the right to buy down 0.5% at fair value after completion of Phase III.
During the option and earn-in period, Newcrest will reimburse Discovery Harbour for advance royalty payments that Discovery Harbour must pay under the Option to Purchase Agreement for its Caldera and Fortuity 89 properties.
Mark Fields, the Company's President and CEO, states, "We are very pleased to have Newcrest as a partner on Fortuity 89 to advance this promising area in a timely manner. I am particularly pleased to welcome Newcrest given their well recognized global expertise in epithermal gold deposits. I believe they will effectively mobilize the necessary resources to advance Fortuity 89 from its current early exploration stage compared to our Caldera property."
Mark Fields continued, "Discovery Harbour will continue to focus its efforts on the drill targets we have developed at Caldera. The Fortuity 89 agreement with Newcrest further validates Discovery Harbour's view that this area and Caldera host promising low sulphidation epithermal gold targets. As previously announced (see Discovery Harbour news release, January 7, 2021) it is currently expected that the necessary drill permits will be in place for a summer drill program on a series of well-defined prospective targets on Caldera."
Mark Fields, P.Geo., is the Qualified Person for Discovery Harbour as defined in NI 43-101 and has reviewed and approved the technical contents of this news releas
About Discovery Harbour
Discovery Harbour is focused on sourcing, exploring and developing mineral properties in mining-friendly jurisdictions. Its current primary focus is to undertake a drill program on Caldera, a low sulphidation epithermal gold project in Nevada. Additionally, Discovery Harbour has an agreement with Newcrest Resources, Inc on its Fortuity 89 property in Nevada.
About Newcrest
Newcrest Mining Limited (ASX, TSX, PNGX: NCM) is one of the world's largest gold mining companies. Its purpose is to create a brighter future for people through safe and responsible mining. Newcrest owns and operates a portfolio of predominantly low cost, long life mines and a strong pipeline of brownfield and greenfield exploration projects - predominantly in the Asia-Pacific and North and South America."
FINALLY MANAGEMENT GIVES AN IMPORTANT UPDATRE OF THE COMPANY'S PLANS. IT CERTAINLY EXPLAINS THE GROWTH IN THE SHARE PRICE THAT HAS RECENTLY OCCURRED.
FURTHER UPDATES FROM THE PROMISED WEB SITE UPGRADE SHOULD GIVE SHAREHOLDERS EVEN MORE DETAILS OF THE PROJECTS MANAGEMENT IS DEVELOPING.
"Firma Holdings Corp. (OTC PINK:FRMA) is pleased to announce a corporate update addressing status of Financials and the formation of two new subsidiaries.
The company has been working diligently with existing FRMA Legal and Accounting professionals, updating the financials, restructuring debt and adhering to the new OTC Markets requirements. The Company has created two new branches of business enterprise with each of the branches having their own unique technology for a sustainable future. They include Firma Advanced Carbon Materials, Inc. and Firma Renewables Corp. Each branch is already in negotiations with well-established partners in their respective field of sustainable energies.
Management has designed a new logo and has setup a new website which is currently set to launch on March 9, 2021.
ABOUT FIRMA ADVANCED CARBON MATERIALS, INC.
Advanced Carbon Materials have excellent thermal stability and mechanical property such as tensile strength more than ordinary materials. Graphene, carbon fibers, carbon foams structural graphite, and nanotubes are majorly used in advanced carbon materials as engineering materials for infrastructure projects. Metallurgical coal, also known as met coal, coking coal, or steelmaking coal, is a vital ingredient for making steel, iron alloy, carbon and other metals used in everything from buildings, tools, trains, planes, and automobiles, to cookwares, cutlery, surgical tools and implants. Firma is focused on partnering with an well-established company currently working on several projects, each working toward the goal of creating a sustainable future.
ABOUT FIRMA RENEWABLES CORP.
Renewable resources include biomass energy (such as ethanol), hydropower, geothermal power, wind energy, and solar energy. Firma renewables is focused on partnering with a minority-owned solar panel manufacturer, as well as several of the largest national developers of utility-scale projects.
FRMA's Plan of Operations.
FRMA is an emerging growth company under the JOBS Act of 2012 and, as a diversified holding company, will focus on emerging and middle market international investment opportunities through its subsidiaries. FRMA and its subsidiaries are in the process of acquiring interests, joint ventures, and licensing agreements along with diligently researching creating a Special Purpose Acquisition Company in the Renewable Energy space including advanced carbon materials."
COOL MANAGEMENT OBVIOUSLY HAS PLANS TO BUILD A COMPANY THAT
WILL BECOME REVENUE POSITIVE IN MUCH EARLIER TIME FRAME THAT ONE WOULD NORMALLYEXPECT. WE BETTER TAKE A
CLOSER LOOK OF THE POTENTIAL AND TIMEFRAME.
"COOL (the "Company") is pleased to announce that its wholly owned subsidiary Vocan Biotechnologies Inc. has entered into a term sheet with Vocan Brazil Biotechnologies Inc. ("Vocan Brazil") for the licensing of its proprietary technology. Vocan Brazil is owned by Brazilian entrepreneur Mr. Marcelo Galvo, an arm's length party.
The Company has licensed its proprietary technology to make, use and sell biosynthetic psilocybin and all commercial products derived from such technology within the exclusive territory of Brazil. Vocan Brazil is a fully funded pharmaceutical company that intends to begin clinical trials with biosynthetic psilocybin once Core One Labs has filed its patent. The trials will be the first stage in bringing a psilocybin drug to market. Brazil has one of the most progressive set of laws on psychedelics, as they have been historically used as part of their culture.
Mr. Galvo is the former CEO of Canopy Growth Brazil, and founder of OnixCann, a Brazilian health tech company. OnixCann has a full range of operations and has partnerships to develop products, conduct clinical trials and register medical cannabis and pharmaceuticals in Brazil. OnixCann has a joint venture with Australian multinational MGC Pharma and is currently conducting a Phase 3 clinical study in Brazil for a drug to combat COVID-19 and will be conducting two (2) cannabis-based Phase 3 clinical trials in 2022. OnixCann aims to help Brazil keep pace with the global development trend by offering reliable information to healthcare professionals, providing patients with access to healthcare and healthcare professionals , high quality medications, and improving the overall quality of life of patients.
"Licensing Core One's technology, to be used for production and clinical trials in Brazil is a major step for us." Said Marcelo Galvo, CEO of Vocan Brazil. "I believe that Core One's technology is going to provide us with a competitive advantage in the psychedelics space, and this partnership gives them access to an untapped South American market."
Brazil operates one of the largest universal health care systems in the world, providing free services to over 210 million people.[1] In Latin America, Brazil's population has the highest rates of disability caused by depression at 9.3% and anxiety at 7.5%.[2] Additionally Brazil has a large, diverse, and rapidly growing population with high treatment-nave with shortened clinical trial approval times giving the company a first mover advantage. This will allow the company to establish itself early, while collecting important information from clinical trials. The revenue received from the royalties on the sales Vocan Brazil makes, provides an additional revenue stream for Core One Labs, without having to take on additional costs.
The licensing arrangement will have a term of 60 months, subject to an automatic extension for a term of a further 60 months if royalty payments are $1 million or more during the initial term. A licensing fee of $250,000 is payable annually upon the market launch of any associated product or products relating to the licensed technology. $250,000 shall be deposited for the first year of expenses, made in quarterly installments of $62,500. $250,000 is to be deposited at the beginning of the second year and each year onward, of which all such deposited Licensing Fees shall be credited to the first year of royalty payments. 12.5% of net profits received from the sale of licensed products in the first year, 10% of net profits from the sale of licensed products in the second year, and 7% of net profits received from the sale of licensed products in the third year.
The proposed transaction is subject to various conditions, including negotiation of definitive documentation and approval from the Boards of Directors of Vocan Biotechnologies Inc. and Vocan Brazil.
"We are extremely excited about partnering with an established pharmaceutical company, that will be funding the development of products using Vocan's proprietary technology. Mr. Galvo's track record as an accomplished biotech entrepreneur positions Vocan Brazil to be a leader in the psychedelic space in Brazil. Mr. Galvo's commitment to this project demonstrates his confidence in Dr. Hancock's ability to execute on producing biosynthesized psilocybin in a way that revolutionizes the psychedelic industry." stated Joel Shacker CEO of the Company."
and the monies keep coming in!!
Royalies from Australia continue to flow to the treasury of NWX so dividends to shareholders are properly funded.
"("Newport" or "the Company") is pleased to report the receipt of its after tax 2.5% Gross Overriding Royalty ("GOR") payment from Beach Energy Ltd. ("Beach") for the November 2020-January 2021 quarter. Gross royalty income for the quarter was AUD$2,568,598. The AUD$1,798,019 payment received by Newport is net of 30% Australian withholding taxes (AUD$770,57
Newport has approximately CDN$7.1 million in its Treasury, comprised of cash, cash equivalents and short-term investments, with no debt. As announced on February 10th, 2021, Newport's first quarterly dividend payment date for 2021 is March 12th, 2021. After the dividend payment, the Company will have approximately CDN$6 million in its Treasury.
The Company has a strong balance sheet and management is confident in its ability to maintain regular quarterly dividend payments as committed to in the News Release dated December 10th, 2019.
Newport's Dividend Performance, Annual Yields and Earnings Per Share since 2015 were documented in a Company News Release dated November 12th, 2020. Investors are cautioned that historical results are no guarantee of future performance.
Management Strategy
The Company's management Strategy was summarized in a Company News Release dated February 10th, 2021.
Newport proposes to maintain regular dividend payments to shareholders with the option of increasing quarterly payments at any time.
Guidance
Up-to-date Guidance for shareholders was reported in a Company News Release dated February 17th, 2021.
With the success of the drilling programs conducted by Beach over which the Company holds its 2.5% GOR, Beach's low cost of oil production and the projected Life of Assets of over 15 years (as reported in a Company News Release dated February 17th, 2021), the Company anticipates continuity of production, associated royalty revenues and dividends.
Newport has no control over operating decisions made by Beach. Accordingly, this prevents the Company from commenting on Beach's operating plans going forward. The Company recommends that shareholders and potential investors access material information relevant to the Company as released independently by Beach and Santos Ltd ("Santos") in order to keep current during exploration, development and potential production of all the licences subject to the Company's GOR. Beach's results and performance are also subject to regular research reports by J.P. Morgan (Asia Pacific Equity Research) and by RBC Capital Markets.
"Brent Oil recently hitting a 13-month high marks the oil markets rebound since the Covid pandemic destroyed demand for most of 2020. As the global economy recovers oil demand is expected to continue to increase, and along with Beach's plans to bring eight producers online and to drill six more horizontal wells, this is all very positive for Newport and its shareholders.", stated Ian Rozier, president and CEO of Newport.
About Newport
Newport holds a 2.5% GOR on several oil and gas licences and permits in the Cooper Basin in Australia. These permits are currently being operated and explored by Beach and Santos, both major Australian oil and gas producers. The Company receives its GOR from Beach which is not a reporting issuer in Canada, therefore Newport is not able to confirm if the disclosure satisfies the requirements of NI 51-101 - Standards of Disclosure for Oil and Gas Activities, or other requirements of Canadian securities legislation.
The Company currently has 105,579,874 common shares issued and outstanding.
Surprised there haven't been more posting as the buying grows. We may actually have a company that has possible future. Some buyers seem to think so. Ah, the good old days.
DID SOME DD OVER THE WEEKEND AND FOUND AN INTERESTING
FACT RE THE COMING ASSAY EXPECTED IN A FEW WEEKS . I BELIEVE, BASED ON A PR OF NOVEMBER 2020 WHICH DISCUSSED THE PLANS OF DRILLING IN NEVADA, THAT THE COMING ZONE OF THE ASSAY IS NOT THE SAME AS THE RECENTLY ANNOUNCED MAJOR GOLD FIND ZONE
IT MAY BE, AS THE ZONE WAS MENTIONED AS HAVING SIMILAR INDICATIONS AS THE "FIND" ZONE, BUT IF SIMILAR GRADES ARE DUPLICATED IT WOULD HAVE EVEN A GREATER IMPRESSION OF THE VALUE OF THE WHOLE PROJECT!
ALL FINGERS CROSSED.
EXPANSION OF FOOTPRINT OF RHT CONTINUES. ANOTHER REVENUE SOURCE DEVELOPED.
" (“Reliq” or the “Company”), a rapidly growing global telemedicine company that develops innovative Virtual Care solutions for the multi-billion dollar Healthcare market, today announced that it has signed a new contract with a US Nephrology practice to use Reliq’s proprietary iUGO Care platform to monitor Chronic Kidney Disease (CKD) patients.
“It is a testament to the flexibility of our platform that it can be used to manage so many different complex chronic conditions,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “We are pleased to be working with our newest client, a Nephrology Practice in Texas, to monitor Chronic Kidney Disease patients and help improve their health outcomes. Over 36 Million Americans have CKD and the majority of these patients also have either diabetes and/or hypertension, the two primary risk factors for developing Chronic Kidney Disease. Using our highly scalable iUGO Care platform, Nephrologists can help monitor medication compliance and manage patients’ co-morbidities like diabetes and high blood pressure, helping to reduce or prevent further damage to the kidneys that could lead to End Stage Renal Disease (ESRD) and the need for costly and disruptive interventions like dialysis or a kidney transplant. We will begin onboarding patients next week, and expect to have at least 5,000 kidney disease patients on the platform by the end of this calendar year, at an average revenue of $65 USD/patient/month.”"
MANAGEMENT MOVING QUICKLY TO OBTAIN FUNDING FOR DEVELOPMENT OF THEIR APPARENT MAJOR FIND ANNOUNCED YESTERDAY.
"
[/Golden Lake Exploration Inc. has arranged a non-brokered private placement of up to 12 million units at a price of 45 cents per unit for aggregate gross proceeds of $5.4-million. Each unit will comprise one common share and one-half of one transferable share purchase warrant of the company. Each whole warrant will entitle the subscriber to purchase one warrant share for a 24-month period after the closing date at an exercise price of 60 cents per share. Net proceeds of the financing will be used to advance the corporation's Jewel Ridge gold property near Eureka, Nev., and for general working capital purposes.
Shares issued pursuant to the financing will be subject to a four-month hold period according to applicable securities laws of Canada.
Finders' fees may be payable on the private placement, subject to the policies of the Canadian Securities Exchangeb]"
WE HAVE A WINNER!!
"Golden Lake Exploration Inc. has discovered a high-grade (gold-silver-lead-zinc) mineralized oxide zone in diamond drill hole JR-20-DD12, completed in November, 2020, on the Northeast Eureka target on the company's keystone Jewel Ridge gold property located near the town of Eureka, Nev. From surface an intercept of 24.54 meters was intersected returning 9.16 grams gold per tonne (g/t Au), 65.8 grams silver per tonne (g/t Ag), 1.03 percentage lead (% Pb), and 1.90 percentage zinc (% Zn). This intercept is hosted in Hamburg Dolomite and comprises both Carlin-type and CRD -type ("Carbonate Replacement Deposits") oxide mineralization.
A higher "bonanza" grade portion from 15.21 meters to 18.44 meters returned 3.23 meters averaging 57.16 g/t Au, 452.0 g/t Ag, 7.23 % Pb, and 11.99% Zn. This "bonanza" intercept is interpreted by the Company geologists as similar to the historic Ruby Hill mines and can be described as an oxidized carbonate-hosted, structurally and lithologically controlled gold-silver (with associated lead-zinc) mineralization. The Jewel Ridge property hosts over a dozen past producing mines and prospects over a 4-kilometer strike on the Dunderberg-Windfall Belt, most worked in the late 1800's for gold, silver and lead, from shallow oxide deposits.
Recently announced surface sampling of the South Eureka target area returned very similar mineralization averaging 3.43 Au, 196.3 g/t Ag, 8.8% Zn and 0.88% Pb (see Company PR dated Feb 1, 2021) and will become a focus of an upcoming diamond drill program. This sample area is located approximately 125 meters from the collar of hole JR-20-DD12, and on-trend, and interpreted as the south-west extension of the Northeast Eureka Zone.
"Given our successful efforts to date we anticipated positive results, but this hole has definitely exceeded our highest expectations. We are excited to aggressively continue our work program to define and expand the targets identified in 2020 by drilling, rock and soil geochemistry, magnetics and Induced Polarization geophysics and structural mapping. Congratulations to our first-rate team of geologists and project managers." stated Mike England, CEO and President of Golden Lake. "The discovery of a high-grade "bonanza" zone is a great success and a "game-changer" for the property and the Company, and we await assays from one remaining core hole"
UNFORTUNATELY TEXAS IS A MAJOR CUSTOMER OF RHT PRODUCTS.
TWO POSSIBLE EFFECTS OF THE WEATHER DISASTER. PEOPLE WILL BE UNABLE TO PAY THEIR PREMIUMS. DIFFICULTY OF TRAVEL TO MEDICAL SERVICES (HOSPITALS AND DOCTOR'S OFFICES) WILL RESULT IN MORE APPEAL OF THE INTERNET/PHONE CONTACTS PROVIDED BY RHT.
DECIDE WHICH WINS!
UPDATE FROM MANAGEMENT QUITE POSITIVE. THEY HAVE BEEN QUITE CLEAR REGARDING DIVIDENDS. QUARTERLY .01 TO BE INCREASED IF REVENUE STREAMS PROVIDE EXCESS. THUS SOME QUARTERS MAY BE HIGHER. BUT THEY ARE REALISTIC ENOUGH NOT TO OVER STRESS THE MONETARY DRAW DOWN.
"("Newport" or "the Company") is pleased to provide additional Guidance as provided by Beach Energy Ltd ("Beach") for future production targets, expenditures and Life of Assets on the Western Flank of the Cooper Basin, Australia. (Note: Western Flank includes the Company's GOR licences ex-PEL's 91, 106, 107 and PRL 26, as well as ex-PEL's 92, 104 and 111, over which the Company does not have a GOR)
Slightly lower oil production from the Western Flank was reported in a Company News Release dated January 28th, 2021. The Company anticipates that this will be offset by higher oil prices in the current quarter.
In a News Release dated January 28th, 2021, the Company made reference to Beach's FY21 Second Quarter Activities Report (the "Report") for the period ended 31st December, 2020. Highlights of the Report were:
A total of eight new wells were brought online during that quarter, with seven horizontal producers and one vertical producer.
Beach reported that four vertical oil producers were to be brought online in their Q3 FY21.
Beach reported that a further four horizontal wells were also to be brought online in their Q3 FY21.
In their Half Year Results reported on February 15th, 2021, and in their Management Call, Beach provided further guidance relevant to the Company's GOR Licences. Highlights are:
Beach report that well interference from McKinlay drilling on the existing Namur and McKinlay producers has resulted in faster than estimated decline rates. Beach have not made any adjustments to reserves as a result of this.
The eight wells referenced in the Report are soon to be connected.
Beach have a further six horizontal wells planned for H2 FY21 in the Bauer Field.
Forecast Capital Expenditure for the Western Flank is AUD$800M-AUD$1B
Beach are targeting production of 20,000 boed and are currently at 18,000boed.
Beach plan to maintain production rates at between 15 and 20kboed.
Beach estimate that Life of Assets on the Western Flank is greater than 15 years.
"With Beach continuing to replace reserves, bringing several new wells online, their targeted production volumes, budgeted expenditures and particularly their estimated Life of Assets, all provide very positive guidance for Newport and our shareholders.", stated Ian Rozier President and CEO of Newport.
Newport has no control over operating decisions by Beach. The Company recommends that shareholders and potential investors access material information relevant to the Company as released independently by Beach and Santos Ltd ("Santos") in order to keep current during exploration, development and potential production of all the licences subject to the Company's GOR. Beach's results and performance are also subject to regular research reports by J.P. Morgan (Asia Pacific Equity Research) and by RBC Capital Markets.
About Newport
Newport holds a 2.5% GOR on several oil and gas licences and permits in the Cooper Basin in Australia. These permits are currently being operated and explored by Beach and Santos, both major Australian oil and gas producers. The Company receives its GOR from Beach which is not a reporting issuer in Canada, therefore Newport is not able to confirm if the disclosure satisfies the requirements of NI 51-101 - Standards of Disclosure for Oil and Gas Activities, or other requirements of Canadian securities legislation.
The Company currently has 105,579,874 common shares issued and outstanding"
ENCOURAGING NEWS TODAY FROM MANAGEMENT. WE CAN LOOK FORWARD TO starting OF DRILLING IN MAJOR HOLDINGS IN RED LAKE AREA WHERE THE COMPANY HAS MAJOR HOLDINGS THAT HOPEFULLY WILL PROVE SIGNIFICANT MINERAL ASSETTS.
PLUS COMPLETION OF ADDED LITHIUM HOLDINGS IN THE JACKPOT AREA TO INCREASE LITHIUM TOTALS.
"Infinite Ore Corp. (the "Company") (TSXV:ILI is pleased to announce it has completed the acquisition of four additional lithium claims in Ontario having a historic resource of 750,000 tons yielding 1.38% Li2O* which is in addition to the historical resource of 2 million tons at 1.09% Li2O* currently present on the Jackpot property (see press release announcing acquisition January 18, 2021). The new claims are contiguous to, and located within, the Company's Jackpot Property. In addition, the Company is pleased to announce that it is planning a 2,500 meter drill program on the Confederation North property within its Eastern Vision Project claim holdings located east of Red Lake Ontario. The program will test gold, copper, and silver anomalies from its recent Spaciotemporal Geochemical Hydrocarbon ("SGH") survey conducted on the Confederation North property (see Figure 1). The drill program is expected to begin in early March.J.C. St-Amour, President of Infinite Ore commented, "The shareholders of Infinite Ore are in a somewhat unique position with exposure to two exceptional land packages in Ontario targeting gold, base metals and lithium. I am very pleased to have secured a drill and crew to begin drilling the Red Lake Eastern Vision properties. Using our soil samples as well as geophysics, our technical team has identified multiple high priority targets. Access to the property and logistics are very good and so I anticipate getting good value for our drilling dollars. I am also pleased to report that we closed our transaction to acquire more land near our Jackpot Lithium property. The Jackpot property is in a highly sought-after location given that our neighbour, Rock Tech Lithium, intends to construct a lithium processing facility in the area. More to come from us on both the Eastern Vision gold and base metals property and the Jackpot lithium project."Figure 1: Map of SGH anomalies and planned drill holes of the Confederation North property, Eastern Vision Project.The Company is earning into the Eastern Vision Project which consists of the Fredart, Garnet Lake, Confederation North, and Confederation South properties. Past exploration has focused on VMS targets within the Confederation Lake assemblage near Red Lake, Ontario. The Garnet Lake properties hold 43-101-compliant inferred mineral resources of 2.1 million tonnes grading 5.78% Zn, 0.72% Cu, 19.5 g/t Ag, and 0.6 g/t Au. The Fredart property contains an historical resource of 386,200 tonnes grading 1.56% Cu and 33.6 g/t Ag*.Qualified PersonThe technical content of this news release was approved by Michel Boily, PhD, P.Geo, an Independent Qualified Person as defined by the National Instrument 43-101.* The estimates presented above are treated as historic information and have not been verified or relied upon for economic evaluation by the Company. These historical mineral resources do not refer to any category of sections 1.2 and 1.3 of the NI-43-101 Instrument such as mineral resources or mineral reserves as stated in the 2010 CIM Definition Standards on Mineral Resources and Mineral Reserves. The explanation lies in the inability by the Company to verify the data acquired by the various historical drilling campaigns. The Company as not done sufficient work yet to classify the historical estimates as current mineral resources or mineral reserves.About Infinite Ore Corp.Infinite Ore is a junior mining exploration company focused on seeking and acquiring world-class mineral projects. The company is earning into a large land package with the potential for VMS and gold mineralization in the Confederation Lake assemblage belt near Red Lake, Ont. The company also holds the Jackpot lithium property located near Nipigon, Ont."
TWO EVENTS TODAY THAT SHOULD BE POSITIVE FOR RHT. ONE -ANNOUNCEMENT OF BREAK OUT CONTRACT IN CALIFORNIA AND TWO- THE WALL STREET REPORTER STARTS PROMOTION OF RHT IN THE MARKET PLACE. LDTS SEE HOW IT IS ACCEPTED IN COMING DAYS.
" (“Reliq” or the “Company”), a rapidly growing global telemedicine company that develops innovative Virtual Care solutions for the multi-billion dollar Healthcare market, today announced that it has signed a new contract with a Care Management Network in California that includes 50 Clinics and over 500 physicians in California. The network delivers culturally-customized, technology-enabled health care to senior citizens in the Asian-American community across California.
“We are very pleased to be expanding on the West Coast, and in particular to be leveraging our customizable, multilingual iUGO Care and iUGO Home solutions to meet the needs of Medicare, Medicaid and privately-insured patients in the Asian-American community in California” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “Using our highly scalable iUGO Care platform, physicians serving this community will be able to manage complex patients in their own homes and in their preferred language, offering multilingual Remote Patient Monitoring (RPM), Chronic Care Management (CCM) and Behavioural Health Integration (BHI) services. With iUGO Home, case managers in the network can support seniors aging in place, allowing them to live safely and independently by providing multilingual personal emergency response services, fall detection, medication reminders and geofencing. We expect to begin onboarding patients in March, with an average revenue of US$40/patient/month."
Reliq Health
Reliq Health Technologies is a rapidly growing global telemedicine that specializes in developing innovative Virtual Care solutions for the multi-billion dollar Healthcare market. Reliq’s powerful iUGO Care platform supports care coordination and community-based virtual healthcare. iUGO Care allows complex patients to receive high quality care at home, improving health outcomes, enhancing quality of life for patients and families and reducing the cost of care delivery. iUGO Care provides real-time access to remote patient monitoring data, allowing for timely interventions by the care team to prevent costly hospital readmissions and ER visits."
PATENTS ARE VERY IMPORTANT PROTECTION OF THE MODUS OPERANDA OF A CHEMICAL COMPANY. IT ASSURES INDEPENDENT VALUE OF THE PRODUCTS THE COMPANY IS INCORPORATING IN THE TREATMENT OF THEIR TARGET SYMPTOMS. THUS REVENUE SOURCE IS PROTECTED.
"Core One Labs") a biotechnology research and development life sciences enterprise focused on advancing psychedelic medicines to market, is pleased to announce preparations for filing a patent application encompassing its proprietary biosynthetic psilocybin production system.With the completion of its initial studies, Core One's subsidiary has assembled the necessary data from its research and development program on biosynthetic psilocybin production systems in order to commence the process of preparing and filing its first patent application with the United States Patent and Trademark Office (USPTO).The initial filing is the first in a series of upcoming patent filings aimed at protecting valuable intellectual property that underpins the proprietary fermentative production process for active pharmaceutical ingredient (API) grade psilocybin.The Company's research team is continuing to develop new strategies to optimize expression of its proprietary DNA expression system that encodes the enzymes responsible for native psilocybin production in psychedelic mushrooms. Core One Labs intends to expand its patent portfolio with each milestone achievement as it works toward maximizing the output of psilocybin from its process development.Joel Shacker, CEO of Core One Labs states, "We are proceeding towards the filing of several patent applications that will help safeguard our development efforts and protect the inherent value generation our work represents. The science that supports our extended research into biosynthesized psilocybin introduces multiple scenarios for the creation of different strains and potencies. These formulations hold promise for the manufacture of formulations offering enhanced and targeted efficacy. Our advanced production methods are designed to cut costs and production timelines which, combined with our scientific advancements, represent fundamental drivers propelling the company towards near term goals and opportunities. Protecting our valued intellectual property is critical to our strategy for success, and our patent efforts are of significant importance to the growth of the Company and the concurrent creation of shareholder value."About Core One Labs Inc. Core One Labs is a biotechnology research and technology life sciences enterprise focused on bringing psychedelic medicines to market through novel delivery systems and psychedelic assisted psychotherapy. Core One Labs has developed a patent pending thin film oral strip (the "technology") which dissolves instantly when placed in the mouth and delivers organic molecules in precise quantities to the bloodstream, maintaining excellent bioavailability. The Company intends to further develop and apply the technology to psychedelic compounds, such as psilocybin. Core One Labs also holds an interest in medical clinics which maintain a combined database of over 200,000 patients. Through these clinics, the integration of its intellectual property, R&D related to psychedelic treatments and novel drug therapies, the Company intends to obtain regulatory research approval for the advancement of psychedelic-derived treatments for mental health disorders.Core One Labs Inc.Joel ShackerChief Executive OfficerFOR MORE INFORMATION, PLEASE CONTACT:info@core1labs.com1-866-347-5058Cautionary Disclaimer Statement: The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions, and expectations. They are not guarantees of future performance. The Company cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to the Company's limited operating history and the need to comply with strict regulatory regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.In addition, psilocybin is currently a Schedule III drug under the Controlled Drugs and Substances Act (Canada) and it is a criminal offence to possess substances under the Controlled Drugs and Substances Act (Canada) without a prescription or authorization. Health Canada has not approved psilocybin as a drug for any indication. Core One Labs does not have any direct or indirect involvement with illegal selling, production, or distribution of psychedelic substances in jurisdictions in which it operates. While Core One Labs believes psychedelic substances can be used to treat certain medical conditions, it does not advocate for the legalization of psychedelics substances for recreational use. Core One Labs does not deal with psychedelic substances, except within laboratory and clinical trial settings conducted within approved regulatory frameworks".
"
[:PP A BOUGHT DEAL AT HIGHER PRICE ANNOUNCED. MARKET FOR MARIJUANA COMPANIES SEEM TO BE EXPECTING USA FEDERAL LEGALIZATION.
"(“Flowr” or the “Company”) is pleased to announce that it has entered into an agreement with Cantor Fitzgerald Canada Corporation as sole bookrunner and lead underwriter (the “Lead Underwriter”) pursuant to which the Lead Underwriter has agreed, on behalf of a syndicate of underwriters (collectively, the “Underwriters”), to purchase, on a bought deal basis pursuant to the filing of a short form prospectus, an aggregate of 19,610,000 units of the Company (the “Units”) at a price of $0.51 per Unit (the “Issue Price”) for aggregate gross proceeds to the Company of $10,001,100 (the “Offering”).
Each Unit shall consist of one common share in the capital of Flowr (each a “Common Share”) and one full Common Share purchase warrant of the Company (each whole warrant, a “Warrant”). Each Warrant shall be exercisable to acquire one Common Share at an exercise price of $0.64 per Common Share for a period of 2 years from the closing of the Offering.
The Company has granted the Underwriters an option (the “Over-Allotment Option”) to purchase up to an additional 2,941,500 Units at the Issue Price, exercisable at any time, for a period of 30 days after and including the Closing Date, which would result in additional proceeds of $1,500,165 Over-Allotment Option is exercisable to acquire Units, Common Shares, and/or Warrants (or any combination thereof) at the discretion of the Lead Underwriter.
The Underwriters are to be paid a cash commission equal to 7.0% of the gross proceeds of the Offering and to receive Unit purchase warrants of the Company (the “Underwriters’ Warrants”) equal to 6.0% of the number of Units sold under the Offering, with each Underwriters’ Warrant being exercisable to acquire one common share at the Issue Price for a period of 24 months from the closing of the Offering.
The Units will be offered by way of a short form prospectus to be filed in all provinces of Canada except Quebec. The Offering is expected to close on or about March 4 , 2021 (the “Closing Date”), and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and stock exchange approvals, including the approval of the TSX Venture Exchange and the applicable securities regulatory authorities. The Company will use best efforts to obtain the necessary approvals to list the Common Shares and the Warrant Shares on the TSX Venture Exchange.
The net proceeds of the Offering will be used for general working capital.]
MANAGEMENT REALLY HAVE THEIR EYES ON THE GAME! bRILLIANT MOVE.
"IMAGINEAR (OTCQB: IPNFF) ANNOUNCES BLUE UNITED CORPORATION AS ITS OFFICIAL AGENCY FOR JAPAN EXPANSION
ImagineAR Inc. has partnered Blue United Corp. as its official agency to launch the ImagineAR augmented reality platform in Japan. Blue United clients include Kashima Antlers, Matsumoto Yamaga, Yanmar, Under Armour, Omiya Ardija and the Pacific League Marketing (holding that represents the commercial interests of 6 teams of the Japanese Baseball League) and Sevilla FC, among others.
Blue United Corporation is a marketing, PR, and business development agency with offices in New York, Tokyo and Nagano. With a vast experience in International expansion and business development, Blue United Corporation, focuses on elevating brands on a global scale and help them on expanding internationally (business development and expansion, PR/Communications, social media, marketing, etc.), owns and manages the only football professional tournament between club teams that are part of the Pacific Rim Region (Pacific Rim Cup), and is the owner of esports Blue United eFC, current Asian champion of FIFA.
ImagineAR believes Blue United's experience will significantly accelerate the Company's presence and sales throughout Japan, a strategic new market for ImagineAR.
Takehiko Nakamura, CEO of Blue United, said; "ImagineAR is the most advanced sports fan engagement Augmented Reality platform in the global market today and we are excited to assist the company to launch its sales and marketing initiatives in Japan. Sports teams can drive new fan engagement and brand activation using ImagineAR and the Japan sports market requires this type of advanced immersive mobile experiential platform to drive new revenue streams."
Javier Sanz, VP of Business and Legal Affairs of Blue United said "ImagineAR is a very innovative tool for sport organizations and brands to be more creative and expand the way they engage with customers and fans. The ImagineAR platform lets marketing departments get creative and promote conversations with brands/sponsors to escalate their exposure, enabling experimentation at value and speed unlike any other current AR solutions. We are proud of being part of this further global expansion for ImagineAR."
"Blue United Corporation brings an impressive track record of success with major international companies expanding into Japan as well as their clientele," said Alen Paul Silverrstieen, CEO and President of Imagine AR. "We feel the Japanese sports and brand market is ready to implement mobile AR today. This new partnership demonstrates our continued focus on global expansion."
About ImagineAR
ImagineAR Inc. (CSE: IP) (OTC: IPNFF) is an augmented reality (AR) platform, ImagineAR.com, that enables businesses of any size to create and implement their own AR campaigns with no programming or technology experience. Every organization, from professional sports franchises to small retailers, can develop interactive AR campaigns that blend the real and digital worlds. Customers simply point their mobile device at logos, signs, buildings, (products, landmarks and more to instantly engage videos, information, advertisements, coupons,3D holograms and any interactive content all hosted in the cloud and managed using a menu-driven portal. Integrated real-time analytics means that all customer interaction is tracked and measured in real-time. The AR Enterprise platform supports both IOS and Android mobile devices and upcoming wearable technologies. The AR Platform is available as an SDK Plug-in for existing mobile apps."
[/bB
NEXT DIVIDEND COMING! MANagement gives encouraging outlook for continued revenue stream
"[/("Newport" or "the Company") is pleased to announce its first quarterly cash dividend ("the Dividend") in 2021 of $0.01 per share to its shareholders of record at the close of business on February 25th, 2021. The Dividend payment date is March 12th, 2021. The Dividend, fully approved by the Board of Directors, is not subject to any changes and has been designated as an "eligible dividend" for Canadian income tax purposes.
The $0.01/share dividend paid in September 2020, the $0.03/share dividend paid in December 2020 and the $0.01/share dividend to be paid in March 2021 will be recorded in the Financial Year ended July 31, 2021.
The Company's Dividend Performance, Annual Yields and Earnings per Share since 2015 were documented in a Company News Release dated November 12th, 2020. Newport's dividend payout ratio, being the cash dividends per share of common stock divided by the earnings per share of common stock, compares favorably with that of other yield stocks, particularly those in the energy sector. Investors are cautioned that historical results are no guarantee of future performance.
Management Strategy
Management has received overwhelming support from shareholders for its dividend policy, and many shareholders have expressed the sentiment that paying out a regular dividend at this time is a priority. The dividend strategy has enabled the Company to retain a margin of safety to maintain dividend distributions despite the sector downturn in 2020, with the option of increasing the quarterly dividend at any time.
The Company has an advantageous business model with a 2.5% Gross Overriding Royalty ("GOR") over permits in the Cooper Basin, Australia, with strong technical fundamentals and with excellent operators in Beach Energy ("Beach") and Santos Ltd ("Santos"). Beach is Australia's largest onshore oil producer with a core focus on oil exploration and development activities in the Cooper Basin. Newport has built in exposure to significant potential growth at zero risk to shareholders as there is no time limit or expiry date on the GOR assets, and no cost to the Company to retain them.
Guidance
As reported in a Company News Release dated January 28th, 2021, Beach continue to achieve extraordinary exploration success (particularly in oil fields on ex-PEL 91), and have maintained very low production costs. In doing so, Beach has achieved both reserve replacement and positive cash flow. Also, Beach's exploration success, reported oil reserves, and low production costs have allowed it to limit spending without threatening future output from licenses in the Cooper Basin, over which the Company has its GOR.
Although Beach's production from ex-PEL 91 for their December 2020 quarter was below the previous quarter, Beach has made no changes to full year production guidance. Accordingly, Management is confident that shareholders of the Company should continue to be rewarded with dividend continuity. Beach plans to update their FY21 guidance with their half year results on February 15th, 2021."b]
"• Canada Nickel held talks with U.S. government on supplying metal for EV batteries
Canada Nickel has held talks with U.S. government officials about potentially supplying nickel for electric car
batteries, its chief executive said, amid mounting concern in Washington about China's dominance of global supply chains
LITHIUM IS ALSO OF LIMITED SUPPLY IN NORTH AMERICA.
fURTHER UPDATE ON LITHIUM HOLDINGS BY ILI. HOPEFULLY, DRILLING WILL COMMENCE SOON TO PROVE THE TRUE VALUE.
" Infinite Ore Corp. (the "Company") (TSXV:ILI)(OTCQB:ARXRF) is pleased to announce drill results from a previous drill program completed on its 100% owned Jackpot Lithium Project in Ontario. While conducting a detailed review of the work completed on its Jackpot Lithium project the Company discovered multiple previously unreported holes intersecting greater than 1% Li2O These include holes that were part of a short hole program to test the near surface lithium content of dykes situated at the core of the mineralized zone. The short holes were drilled to an average depth of approximately 10 m, ranging from 6m to 17m. Five other long holes are reported that were collared at the periphery of the core zone, returned substantial lithium mineralization, and extend the dyke swarm to the north and south.Highlighted of the short drill holes include:HoleFrom(m)To(m)Interval(m)Li2O %JS-18-060.005.005.001.13JS-18-080.009.009.001.02JS-18-091.003.003.001.35JS-18-100.003.003.001.10JS-18-110.005.005.001.09JS-18-140.308.007.701.60Highlights of the long drill holes collared in 2018:HoleFrom(m)To(m)Interval(m)Li2O %J-18-27163.00169.006.001.14J-18-4048.9059.9011.000.83incl49.2557.007.751.12J-18-43143.00149.106.101.06J-18-5024.2535.8011.5500.77incl26.0034.008.001.10incl26.0031.005.001.39J-18-5131.0037.006.001.01The results demonstrate that Jackpot consists of a swarm of parallel lithium baring east-west trending dykes and that the mineralized zone is open in all directions (see Figure 1).Figure 1: Location of drillholes at the Jackpot Lithium project.J.C. St-Amour, President of Infinite Ore commented, "The Jackpot property hosts a swarm of lithium-bearing dykes some of which are exposed at surface. The 2018 drilling program tested the near surface lithium content of known dykes as well as expanded the extent of the known mineralization. There are many yet untested dykes on the property which would warrant follow-up work. Certainly, these drill results increase our confidence that the Jackpot lithium deposit contains greater lithium resources to that cited in the historical resources."The Company's 100% owned Jackpot project is near the Georgia Lake lithium deposit, for which Rock Tech Lithium Inc. recently announced its intent to develop a lithium sulphate production facility located in Thunder Bay, Ontario. The property contains known pegmatite showings, including two that contain historical resources of 2 million tons at 1.09% Li2O and 750,000 tons at 1.38% Li2O*.Qualified PersonThe technical content of this news release was approved by Michel Boily, PhD, P.Geo, an Independent Qualified Person as defined by the National Instrument 43-101.* The estimates presented above are treated as historic information and have not been verified or relied upon for economic evaluation by the Company. These historical mineral resources do not refer to any category of sections 1.2 and 1.3 of the NI-43-101 Instrument such as mineral resources or mineral reserves as stated in the 2010 CIM Definition Standards on Mineral Resources and Mineral Reserves. The explanation lies in the inability by the Company to verify the data acquired by the various historical drilling campaigns. The Company as not done sufficient work yet to classify the historical estimates as current mineral resources or mineral reserves.About Infinite Ore Corp.Infinite Ore is a junior mining exploration company focused on seeking and acquiring world-class mineral projects. The company is earning into a large land package with the potential for VMS and gold mineralization in the Confederation Lake assemblage belt near Red Lake, Ont. The company also holds the Jackpot lithium property located near Nipigon, Ont."
THE PROPER SITE SHOULD BE
Voyager Digital Ltd C.VYGR
Alternate Symbol(s): VYGVF
I WILL TRY AND GET IHUB TO REGISTER IT.
OBVIOUSLY MANAGEMENT IS PLEASANTLY SURPRISED BY THE MAJOR INCREASE IN TRANSACTIONS since Jan 1. IT INDICATES THEY ARE DOING SOMETHING RIGHT. HOPEFULLY, IT WILL CONTINUE
"Voyager Digital Ltd. has provided stakeholders with an update for the following key metrics for the month ended January, 2021, and for the period Feb. 1, 2021, to Feb. 4, 2021.
- Revenue Exceeds US$8.5 Million for the Month of January 2021 and Exceeds US$2.5 Million for the period February 1 to February 4, 2021 -
- Assets Under Management Surpass US$800 Million as of February 4, 2021 -
Preliminary revenue from operations was approximately US$8.5 million for the month of January 2021, up from US$1.7 million in the month of December, 2020. Preliminary revenue from operations for the period February 1, 2021 to February 4, 2021 is estimated to be at approximately US$2.5 million.
Net cash deposits were approximately US$120 million for the month of January, 2021, up from approximately US$30 million for the month of December, 2020. Net cash deposits were approximately US$18 million for the period February 1, 2021 to February 4, 2021.
Assets Under Management (AUM) were approximately US$800 million as of February 4, 2021, up from US$230 million at December 31, 2020, mainly attributable to both the increased in the value of held assets and the net cash deposited on the platform for the period.
Trades per day averaged more than 30,000 for the month ended January 31, 2021, up from an average of approximately 6,500, in December, 2020. Trades per day for the period February 1, 2021 to February 4, 2021 averaged 60,000 trades per day.
New funded accounts were 65,000 for the month of January, 2021, with total funded accounts over 106,000 as of February 4, 2021.
Basic Users on the platform were approximately 440,000 as of February 4, 2021 up from 150,000 as of December 31, 2020.
The value of customer trades for January increased over 5x to US$840 million up from US$150 million in December, 2020. The Company has executed over US$170 million of trades for the period February 1 through February 4, 2021.
All figures are preliminary and unaudited and subject to final adjustment. All amounts are in US dollars, unless otherwise indicated.
"While we believe our recent business metrics reflect the growing interest in the cryptocurrency ecosystem and long-term benefits of our business model, the unprecedented external events over the past week, including decisions made by competitive products, have brought significant upside to our metrics," said Steve Ehrlich, Co-founder and CEO of Voyager. "While we don't expect a repeat of the unprecedented external events of the past few weeks that have served as a catalyst for the recent growth, we anticipate continued meaningful growth in our business, including from the pipeline of approximately 80,000 customers who have signed up and that we are presently onboarding. We remain focused on executing our long-term business plan and expect Voyager will continue to grow the business in a more traditional pattern throughout the balance of 2021. To support this growth, we anticipate increased expenditures in order to materially increase our employee headcount during this period, while also increasing our technology architecture stack in the near-term to accommodate significantly more users."
FLWR EXPANDS INTO QUEBEC, SHOULD BE SIGNIFICANT REVENUE SOURCE FOR THE COMPANY.
"The Flowr Corp. has entered the province of Quebec with its first commercial orders for its award-winning B.C. Pink Kush and its newest strain B.C. black cherry. Flowr has shipped dried cannabis flower for the first time into the Quebec market through a distribution partnership with Rose LifeScience Inc.
Highlights
The company shipped its strain B.C. Pink Kush along with its newest product offering B.C. black cherry into the Quebec market.
Expands Flowr's current reach beyond Ontario, British Columbia and Alberta.
Flowr partners with Rose LifeScience, a local cannabis producer in Quebec.
"We are very pleased to be starting off 2021 with product shipment into the Quebec marketplace. We are fortunate to have local partners like Rose distributing our products and acting as Flowr brand ambassadors on our behalf," commented Lance Emanuel, president and interim chief executive officer of Flowr. "We believe Quebec will be one of our most important provincial partners in the future given it is the third-largest cannabis market in Canada to date with approximately 60 dispensaries," added Mr. Emanuel.
"We are thrilled to bring the brand to Quebeckers and to partner with The Flowr Corp., a cannabis company with 100-per-cent-indoor-grown cannabis," said Davide Zaffino, president and chief financial officer at Rose LifeScience.
Flowr entered into a sales, marketing and distribution agreement with Rose in April, 2020, and obtained its Autorite des marches publics approval to operate in the province of Quebec in August, 2020. Commercial terms of the agreement were not disclosed.
Flowr recently won 2020 brand of the year at the ADCANN Awards and also took home a bronze medal at the prestigious Clio Awards. Flowr's B.C. Pink Kush was recently voted by budtenders as the top indica dried flower at the inaugural Kind Magazine Awards. Flowr's B.C. Pink Kush has been a favourite strain and was a top 10 selling SKU in the dried flower category and the No. 1 selling SKU in the premium dried flower category through Q3 2020 in Ontario. B.C. Pink Kush has not been irradiated in approximately two years, consistently has both a high and a tight THC (tetrahydrocannabinol) band of 20 to 25 per cent and terpene content typically in excess of 2.5 per cent, a testament to Flowr's facility design and growing practices. Thus far, B.C. black cherry has shown a more robust THC profile than B.C. Pink Kush and as a result the company believes it will be accretive to its revenue growth in 2021."