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Per the USW 5114 Facebook page, the company and the union are currently meeting with a Federal mediator.
Just comparing 3Q revenue, recent equity financing, and total outstanding shares to ACBFF, we are potentially looking at .50 - .75 in my opinion.
$HLSPY UPDATE
Global Fortune 500 AgTech Leader Continues Momentum with Heliospectra Intelligent LED Lighting
Repeat Orders Signal Ag Tech Industry's Standardization of Heliospectra's Market-Leading Technology Solutions
STOCKHOLM, November 28, 2017 /PRNewswire/ --
Heliospectra AB (publ) (OTCQB: HLSPY, FIRSTNORTH: HELIO), world leader in intelligent lighting technology for greenhouses and controlled plant growth environments, announces a sixth order from a global Fortune 500 AgTech company. The year-end order of E60 series lighting indicates that AgTech industry leaders are rapidly standardizing on Heliospectra's proven LED solutions. The order valued at 2 723 000 SEK ($328,482 USD) completes five previous orders from this customer between 2015 and 2017.
"It is exciting to see industry-leading companies standardize on Heliospectra's product portfolio with repeat orders," said Ali Ahmadian, CEO, Heliospectra. "Our AgTech customers' research results influence the future of commercial food production and spur the adoption of LED technologies worldwide."
Committed to delivering highest-quality crops and controlling consistent yields, Heliospectra provides AgTech companies with lighting solutions that address a diverse range of commercial and research applications.
"The superior quality of our products ensures reliable mission-critical lighting for greenhouse and indoor growing environments," explained Ahmadian. "Whether our AgTech customers are using our optimized fixed spectrum or adjustable full spectrum, they know they are implementing the most flexible and advanced horticulture lighting technology available in the market."
This order will be delivered in the fourth quarter and will be reflected in the Q4 accounts.
CONTACT:
Investor Relations:
Ali Ahmadian, CEO of Heliospectra | +46-(0)-72-203-6344 | ir@heliospectra.com
Redeye is Heliospectra Certified Advisor for Nasdaq First North - www.redeye.se
http://www.heliospectra.com
This information was brought to you by Cision http://news.cision.com
http://news.cision.com/heliospectra/r/global-fortune-500-agtech-leader-continues-momentum-with-heliospectra-intelligent-led-lighting,c2401780
Trek Mining, NewCastle Gold and Anfield Gold Provide Update on Business Combination to Create Equinox Gold
November 16, 2017 06:30 ET | Source: Trek Mining Inc.; NewCastle Gold Ltd.;Anfield Gold Corp.
VANCOUVER, British Columbia, Nov. 16, 2017 (GLOBE NEWSWIRE) -- Trek Mining Inc. (TSX-V:TREK) (“Trek Mining”), NewCastle Gold Ltd. (TSX:NCA) (“NewCastle”) and Anfield Gold Corp. (TSX-V:ANF) (“Anfield”) are pleased to announce an update on the proposed transaction to combine their businesses to create Equinox Gold Corp. (“Equinox Gold”), as previously announced on October 25, 2017 (the “Transaction”). Led by Ross Beaty as Chairman, Equinox Gold will be a well-financed gold mining company with a near-term strategy to become a multi-asset, low-cost gold producer.
A number of significant milestones have been achieved since the Transaction was announced, further bolstering Equinox Gold’s treasury and advancing the Aurizona Gold Mine (“Aurizona”).
Trek Mining received the final key permit required to construct Aurizona and expand throughput to 8,000 tonnes per day to achieve targeted average production of 136,000 ounces of gold per year
Anfield entered into an agreement to sell its Coringa Gold Project for US$22 million
Anfield entered into an agreement to sell a receivable due to the company for US$13 million
Joint information circular will be mailed to NewCastle and Anfield shareholders on November 28, 2017
Special meetings of NewCastle and Anfield shareholders scheduled for December 19, 2017
Transaction close anticipated on or about December 22, 2017
MONETIZATION OF ANFIELD ASSETS
Anfield has delivered on its stated objective of monetizing its assets, and has entered into separate agreements to sell its Coringa Gold Project in Brazil and to sell a receivable due to the company. These assets were sold for an aggregate of US$35 million (C$44.8 million), in addition to the C$11 million already in Anfield’s treasury (as at September 30, 2017). Assuming successful closing of both agreements, Anfield anticipates that US$18 million (C$23.0 million) will be received before closing of the Transaction, with an additional US$5 million (C$6.4 million) to be received in Q1-2018 and the remainder to be received before year-end 2019. The agreements are subject to certain conditions, as outlined in the Anfield press releases dated November 10 and November 14, 2017.
Upon completion of the Transaction and the Anfield asset sales, Aurizona will be fully funded to production. Equinox Gold will have pro forma cash and marketable securities of approximately C$143 million (cash as at September 30, 2017 plus aggregate proceeds from Anfield asset sales), will draw from a US$85 million credit facility to fund Aurizona construction, and can also access up to US$200 million for future project development and acquisitions, providing significant capacity to develop the Castle Mountain Gold Project in California and continue to grow the company.
AURIZONA PERMIT
Trek Mining has received the final key permit for Aurizona, allowing the company to complete the construction activities required to commence production at the mine and expand throughput to 8,000 tonnes per day, with the expectation of producing on average 136,000 ounces of gold per year. Early works construction is underway and the company is on track to pour gold in late 2018.
NEXT STEPS TO CLOSE THE TRANSACTION
NewCastle and Anfield have jointly obtained an interim order from the British Columbia Supreme Court for the companies to hold special meetings of their shareholders to approve the Transaction and other matters. The Board of Directors of both NewCastle and Anfield are recommending approval of the Transaction by their shareholders. The directors, senior officers and certain significant shareholders of each company have entered into lock-up agreements and agreed to vote in favour of the Transaction, representing approximately 25.5% of the issued and outstanding common shares of NewCastle and 27.2% of the issued and outstanding common shares of Anfield, respectively.
The Transaction requires approval by (i) two-thirds of the votes cast by NewCastle and Anfield shareholders at their respective shareholder meetings, and (ii) if required, a simple majority of the votes cast by NewCastle and Anfield shareholders at their respective shareholder meetings, excluding the votes held by certain persons as required by Multilateral Instrument 61-101. There is no regulatory requirement for a meeting of Trek Mining shareholders.
The special meetings of NewCastle and Anfield are scheduled for December 19, 2017. A joint information circular detailing the terms and conditions of the Transaction will be mailed to the shareholders of both NewCastle and Anfield on November 28, 2017.
The Transaction, if approved by the shareholders of NewCastle and Anfield, is expected to close on or about December 22, 2017. Upon closing, Trek Mining will acquire all outstanding shares of NewCastle and Anfield at the previously announced exchange ratios of 0.873 Trek Mining shares for each NewCastle share and 0.407 Trek Mining shares for each Anfield share. Each NewCastle and Anfield warrant and option will become exercisable for Trek Mining common shares, as adjusted in accordance with the applicable exchange ratio. Trek Mining will then be re-named Equinox Gold Corp. and its shares will commence trading on the TSX Venture Exchange under the new symbol “EQX”.
TREK MINING CONTACTS
Christian Milau, CEO
Rhylin Bailie, Vice President Investor Relations
Tel: +1 604-558-0560
Email: ir@trekmining.com
NEWCASTLE CONTACTS
Marc Leduc, Interim CEO
Gillian Roy, Director Investor Relations & Corporate Communications
Tel: +1 416-366-5678
Email: info@newcastlegold.ca
ANFIELD CONTACT
Marshall Koval, Chairman & CEO
Tel: +1 604-646-1899
Email: info@anfieldgold.com
CAUTIONARY NOTES AND FORWARD-LOOKING STATEMENTS
Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This document contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). The use of the words “proposed”, “strategy”, “will be”, “will”, “objective”, “subject to”, “on track”, “scheduled”, “expected” and similar expressions are intended to identify forward-looking statements. Forward-looking statements contained in this press release include, but are not limited to, statements regarding the proposed Transaction, the proposed name change of the combined company, satisfaction of certain approvals (including TSX-V and shareholder approvals) required to complete the Transaction, the anticipated restart of production at Aurizona, Anfield’s ability to complete the proposed asset sales, and the cash that will come to Equinox Gold following monetization of Anfield’s assets. Although Trek Mining, NewCastle and Anfield (the “Companies”) believe that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since the Companies can give no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements, including the risks, uncertainties and other factors identified in the Companies’ periodic filings with Canadian securities regulators, and assumptions made with regard to: the Companies’ ability to complete the proposed Transaction; the Companies’ ability to secure the necessary shareholder, legal and regulatory approvals required to complete the Transaction; the anticipated Board of Directors decision to approve construction of Aurizona; the estimated costs associated with construction of Aurizona; the ability to restart production at Aurizona; the timing of the anticipated restart of production; the ability to achieve the gold production rates and costs outlined in the Aurizona feasibility study; the anticipated development of the Castle Mountain Gold Project; Equinox Gold’s anticipated financial position following completion of the Transaction; and the Companies’ ability to achieve the synergies expected as a result of the Transaction. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Companies do not undertake any obligations to publicly update and/or revise any of the included forward-looking statements, whether as a result of additional information, future events and/or otherwise, except as may be required by applicable securities laws.
$HLSPY BUSINESS UPDATE
Heliospectra Changes Name of Recently Announced Light Control Software to HelioCORE
Thu November 16, 2017 8:18 AM|PR Newswire|About: HLSPY
PR Newswire
GOTHENBURG, Sweden, November 16, 2017 /PRNewswire/ --
Heliospectra AB (publ) (OTCQB: HLSPY, FIRSTNORTH: HELIO), a world leader in intelligent LED lighting technology for greenhouse and controlled plant growth environments, is changing the name of the recently announced light control software CORTEX to HelioCORE™, effective November 16, 2017. The new control system was introduced in July 2017 and will be available for commercial sales during Q1 2018.
The horticulture industry continues to automate their growing environments and push for increased control. HelioCORE connects Heliospectra's LX60 adjustable spectra and LX50 high voltage intelligent LED lighting solutions with sensors and schedule functions for real-time light adjustments. Growers monitor and manage lights or alerts across a facility via mobile phones, tablets or laptops to streamline operations.
"Operations and cultivation teams require a reliable, proven solution that directly impacts business performance and also facilitates or streamlines daily work," said Ali Ahmadian, CEO Heliospectra (HLSPY). "HelioCORE gives businesses an unrivaled solution when it comes to controlling harvest and production cycles with dynamic, immediate light adjustments and the cost-effective use of resources."
The initial release of the HelioCORE control software in early 2018 offers cultivation teams three control modules:
DLI Controller: Greenhouse growers can regulate supplemental light use to reach Daily Light Integral (DLI) targets, supporting optimal plant growth and prioritizing lamp use at times of day when energy costs are lowest.
On Target: Indoor growers can establish constant Photosynthetic Photon Flux Density (PPFD) levels to maximize plant efficiency and photosynthesis with optimum light intensity. Greenhouse growers automate dynamic light response to changes in weather, low light seasons, natural light conditions and plant sensor feedback.
Schedule: Cultivation teams can extend the photoperiod for long-day crops or induce flowering to accelerate harvest and shave days off production cycles. Growers can apply pre-set schedules and build a robust library of lighting strategies and treatments for specific crops or growth stages in sole-source indoor or supplemental lighting environments.
For more information on HelioCORE visit http://info.heliospectra.com/heliocore.
CONTACT:
Heliospectra Investor Relations:
Ali Ahmadian, CEO of Heliospectra | +46-(0)-72-203-6344 | Ali.Ahmadian@heliospectra.com
Redeye is Heliospectra Certified Advisor for Nasdaq First North -www.redeye.se
http://www.heliospectra.com
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$LWLCF RELATED NEWS
Lots of activity going on with Trek, et al.
Anfield Gold Announces Agreement to Sell the Coringa Gold Project for US$22 Million
By GlobeNewswire, November 14, 2017, 02:15:00 AM EDT
VANCOUVER, British Columbia, Nov. 14, 2017 (GLOBE NEWSWIRE) -- Anfield Gold Corp. ("Anfield" or "Company") (TSXV:ANF) announces that it has signed a share and debt purchase agreement with Serabi Gold PLC ("Serabi"), pursuant to which Serabi will acquire 100% of the issued share capital of Chapleau Resources Ltd ("Chapleau"), a wholly-owned subsidiary of Anfield, which holds the Coringa Gold Project. Serabi will also be acquiring certain intercompany debts of Anfield.
The total consideration for the acquisition amounts to US$22 million, subject to certain adjustments. Serabi will make an initial payment to Anfield on closing of US$5 million in cash. A further US$5 million in cash is payable within three months of closing and a final payment of US$12 million in cash will be due upon the earlier of first gold being produced from the Coringa Gold Project or 24 months from the date of closing.
The agreement is conditional on several items including: completion by Serabi of its due diligence; approval of the shareholders of Anfield and the TSX-V; and approval of Serabi's secured lender, Sprott. Serabi has agreed, on closing, to grant Anfield, subject to the approval of Serabi's secured lender and, if required, sub-ordinated to any security granted by Serabi to its secured lender, a pledge over the shares of Chapleau as security for the full and irrevocable payment of US$12 million.
Anfield plans to hold a shareholder meeting to approve the proposed transaction on December 19, 2017, and closing is anticipated to occur shortly thereafter. The planned vote to approve the proposed transaction will occur at the same shareholder meeting as the scheduled meeting to approve the previously announced business combination of Trek Mining Inc., NewCastle Gold Ltd. and Anfield.
Anfield Gold Corp. For further information contact:
Scott Hicks
Signed: "Marshall Koval" tel: + 604 646-1884
Marshall Koval, Chairman & CEO fax: + 604 687-7041
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Certain statements and information herein, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Often, but not always, forward-looking statements can be identified by the use of words such as "conditions," "expected" or variations of such words and phrases. Forward looking statements or information in this press release include, but are not limited to, the timing for a shareholder vote and the anticipated closing of the transaction. In making the forward-looking statements in this release, Anfield has applied certain factors and assumptions that are based on information currently available to Anfield as well as Anfield's current beliefs and assumptions. Although Anfield considers these beliefs and assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among others: risks that the transaction with Serabi may not close, including for reasons beyond Anfield's control; business and economic conditions in the mining industry generally; prices for commodities to be produced and changes in commodity prices; changes in interest and currency exchange rates; political risk and social unrest; changes in general economic conditions or conditions in the financial markets; and changes to business and economic conditions in the mining industry generally. Although Anfield has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Anfield does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Source: Anfield Gold Corp
http://www.nasdaq.com/press-release/anfield-gold-announces-agreement-to-sell-the-coringa-gold-project-for-us22-million-20171114-00096
$PURA NEWS
Puration to Introduce Cannabis Infused Beverages into Legal $8 Billion Canadian Marijuana Market
Wed November 15, 2017 8:00 AM|PR Newswire|About: PURA
DALLAS, November 15, 2017 /PRNewswire/ --
Puration, Inc. (PURA) today announced the company plans to have a cannabis infused beverage ready to launch in Canada in conjunction with the nationwide legalization of recreational marijuana expected in Canada in July of 2018. Deloitte estimates the market for legal marijuana in Canada could reach $8 billion. The Canadian Spirits market is $5 billion.
"I originally became a Puration shareholder when I purchased the Puration distribution rights for Canada," said Brian Shibley, CEO of Puration. "I am a Canadian citizen and with my experience and contacts in Canada, I became interested some time ago in distributing Puration products in Canada. One thing has led to another and Puration has evolved. My interest in Puration has since grown, and so I have become the CEO. With the pending nationwide legalization of recreational marijuana in Canada, combined with Puration's experience in cannabis extractions and making cannabis infused beverages, I am even more enthusiastic today about distributing Puration products in Canada then when I originally came to the company. I think Puration's success with EVERx CBD Infused Water is laudable, but I think the opportunity to introduce a THC infused beverage in Canada is a much bigger opportunity than EVERx."
Puration has licensed a patented process for extracting cannabinoids from the cannabis plant. Today the company produces and markets a CBD Infused Sports Water. Puration introduced EVERx CBD Infused Sports Water earlier this year in March at Arnold Schwarzenegger's Annual Arnold Sports Festival (formerly the Arnold Classic) in Columbus, Ohio. The Arnold is host to more athletes than the Olympics with over 70 sporting events and over 18,000 athletes. EVERx CBD Infused Sports Water was featured in September at Joe Weider's Olympia Fitness and Performance Expo In Las Vegas. EVERx CBD Infused Sports Water is also now on shelves at Drug Emporium. The company recently announced adding Strawberry Kiwi and Lemon Lime flavors to its EVERx CBD Infused Sports Water. EVERx has become a leading brand name in the CBD infused marketplace and one of the only CBD infused products in the sports nutrition marketplace.
Puration is one of two cannabis sector companies currently controlled by ACI Conglomerated. In a related development, Puration's sister company, North American Cannabis Holdings, Inc. (USOTC: USMJ) is negotiations to acquire a Canadian dispensary. In the event North American Cannabis Holdings, Inc. succeeds, Puration's opportunity to manufacture and distribute cannabis infused beverages in Canada will be enhanced with the licensing and raw material assets that come with the North American Cannabis Holdings target acquisition.
Learn More About Puration and North American Cannabis Holdings at: www.aciconglomerated.com.
Disclaimer/Safe Harbor:
This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.
PURA contact info:
Brian Shibley
info@aciconglomerated.com
+1-800-8611350
https://www.aciconglomerated.com/contact/
SOURCE Puration, Inc.
https://seekingalpha.com/pr/17003076-puration-introduce-cannabis-infused-beverages-legal-8-billion-canadian-marijuana-market
AFRICA OIL AND ECO (ATLANTIC) OIL AND GAS ANNOUNCE STRATEGIC PARTNERSHIP
November 13, 2017 (AOI-TSX, AOI-Nasdaq Stockholm) … Africa Oil Corp. (“Africa Oil”, “AOC” or the “Company”) is pleased to announce that it has entered into a strategic partnership with Eco (Atlantic) Oil and Gas Ltd. (TSXV:EOG or AIM:ECO) for exploration in West Africa and Guyana. Under the terms of an investment agreement (the “Investment Agreement”), AOC has agreed to acquire a 19.77% shareholding in ECO through the purchase, by way of private placement, of 29.2 million common shares at CAD$0.48 per share for a total consideration of CAD$14.0 million (approximately US$10.9 million). The Investment Agreement also provides the Company with the right to participate in any future ECO equity issuances, on a pro rata basis, and to appoint one nominee to ECO’s board of directors. Keith Hill, President and CEO of AOC, will join the ECO board of directors as soon as practicable.
As part of the Investment Agreement, the parties have also entered into a Strategic Alliance Agreement (the “SAA”), whereby they will jointly pursue new exploration projects. Pursuant to the terms of the SAA, AOC will be entitled to bid jointly on any new assets or ventures proposed to be acquired by ECO, on the same terms as ECO and for an interest at least equal to the Company’s percentage holding of the common shares in ECO from time to time. Additionally, under the terms of the SAA, AOC will also have a right of first offer on the farmout of exploration properties currently held by ECO.
ECO has been able to assemble an extensive exploration portfolio in two countries that are at the forefront of exploration, including four blocks in Namibia and one block in Guyana. The Namibia blocks are located in an area of proven source rocks and large, seismically-defined stratigraphic traps where upcoming wells by neighboring operators will be drilled in the near future to derisk the play. In Guyana, ECO holds a block directly updip from the Stabroek block on which Exxon estimates resources of 2.5 billion to 2.8 billion oil-equivalent barrels, including the supergiant Liza field. The ECO block exhibits good evidence of slope fan prospects and is expected to be fully delinated after processing and interpretation of the 2,550km2 3D seismic survey recently completed in September. ECO also recently announced it has entered into an option agreement for a farmin by TOTAL on this Guyana acreage.
This new investment is a good complement to the Company’s existing investment in Africa Energy Corp. (AFE:TSXV) (“AFE”) in which the Company holds a 28.5% shareholding interest. AFE holds blocks in Namibia adjacent to the ECO acreage and a block offshore South Africa. Together, the two companies represent significant holdings in several of the most attractive exploration areas in the world.
Africa Oil CEO Keith Hill commented, “We are very excited to be joining this talented group of explorers who have been able to secure top quality blocks in prime exploration areas. We look forward to realizing the value of this acreage and believe we will be able to play a positive role in the expansion of their portfolio. The pace of exploration is increasing in these regions with large indepedents and even super-majors taking big acreage positions with aggressive drilling plans over the next few years. This alliance will help us take advantage of this upswing in activity.”
PillarFour Securities LLP is acting as financial advisor to Africa Oil in connection with the transaction.
About Africa Oil Corp.
Africa Oil Corp. is a Canadian oil and gas company with assets in Kenya and Ethiopia, including the South Lokichar Basin (25% working interest in Blocks 10BB and 13T), where the Company and its Joint Venture Partners are undertaking activities aimed at sanctioning development. The Company is listed on the Toronto Stock Exchange and on Nasdaq Stockholm under the symbol "AOI".
Additional Information
The information in this release is subject to the disclosure requirements of the Company under the EU Market Abuse Regulation and the Swedish Securities Market Act. This information was publicly communicated on November 13, 2017 at 2:00 a.m. Eastern Time.
Forward-Looking Statements
Certain statements made and information contained herein constitute "forward-looking information" (within the meaning of applicable Canadian securities legislation). Such statements and information (together, "forward looking statements") relate to future events or the Company's future performance, business prospects or opportunities. Forward-looking statements include, but are not limited to, statements with respect to estimates of reserves and or resources, future production levels, future capital expenditures and their allocation to exploration and development activities, future drilling and other exploration and development activities, ultimate recovery of reserves or resources and dates by which certain areas will be explored, developed or reach expected operating capacity, that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management.
All statements other than statements of historical fact may be forward-looking statements. Statements concerning proven and probable reserves and resource estimates may also be deemed to constitute forward-looking statements and reflect conclusions that are based on certain assumptions that the reserves and resources can be economically exploited. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "seek", "anticipate", "plan", "continue", "estimate", "expect, "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar expressions) are not statements of historical fact and may be "forward-looking statements". Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. The Company believes that the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. The Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws. These forward-looking statements involve risks and uncertainties relating to, among other things, changes in oil prices, results of exploration and development activities, uninsured risks, regulatory changes, defects in title, availability of materials and equipment, timeliness of government or other regulatory approvals, actual performance of facilities, availability of financing on reasonable terms, availability of third party service providers, equipment and processes relative to specifications and expectations and unanticipated environmental impacts on operations. Actual results may differ materially from those expressed or implied by such forward-looking statements.
There's a little activity going on again. Hopefully, someone in the know is "stocking up".
NewCastle Gold Carves Way Forward For Castle Mountain Gold Project With Equinox Deal
Nov. 7, 2017 10:47 AM ET|4 comments| About: Newcastle Gold Ltd. (CTMQF), LWLCF, ANCKF
https://seekingalpha.com/article/4121630-newcastle-gold-carves-way-forward-castle-mountain-gold-project-equinox-deal
$LWLCF NEWS
Trek Mining Releases Third Quarter Results
Wed November 8, 2017 7:30 AM|GlobeNewswire
VANCOUVER, British Columbia, Nov. 08, 2017 (GLOBE NEWSWIRE) -- Trek Mining Inc. (LWLCF) (TSX-V:TREK) (“Trek Mining” or “the Company”) is pleased to announce that its Financial Statements for the third quarter ended September 30, 2017 and the accompanying Management’s Discussion and Analysis are available for download on the Company’s website at www.trekmining.com and at www.sedar.com.
Quarterly highlights and recent developments
Announced the signing of a definitive agreement with NewCastle Gold Ltd. (CTMQF) and Anfield Gold Corp. to combine the three businesses to form a new multi-asset mining company named Equinox Gold Corp., to be led by Ross Beaty as Chairman
Announced that Sprott Private Resource Lending (Collector), L.P. has received investment committee approval to provide Trek Mining with a US$85 million senior secured credit facility to be used for construction of the Aurizona Gold Mine (“Aurizona”) in Brazil
Completed a feasibility study for Aurizona, supporting the viability of constructing an open-pit gold mine with a net present value of US$197 million and an internal rate of return of 34% based on a gold price of US$1,250 per ounce, and low initial capital costs of US$131 million
Awarded the Aurizona project EPCM work to Ausenco Engineering Canada Inc.
Confirmed with exploration drilling that gold mineralization at Aurizona’s principal ore deposit extends at least 350 metres to the west along strike and also at depth below the existing reserve pit. A second phase 12,000-metre exploration drill campaign is underway
Continued ramp-up of the Koricancha Mill in Peru with Q3-2017 sales of 3,195 ounces of gold
At September 30, 2017, the Company had C$76.3 million (US$61.0 million) in cash and marketable securities and no cash debt.
On behalf of the Board of Trek Mining Inc.
“Christian Milau”
CEO & Director
About Trek Mining Inc.
Trek Mining is a Canadian mining company with a portfolio of production, near-production and exploration-stage projects in North and South America. Early works construction is underway at the Company’s Aurizona project in Brazil, with the objective of pouring gold by year-end 2018. On October 25, 2017, Trek Mining announced the signing of a definitive agreement to combine its business with NewCastle Gold Ltd. (TSX:NCA) and Anfield Gold Corp. (TSX-V:ANF). The combined entity intends to operate under the name Equinox Gold Corp. (“Equinox Gold”) and expects to trade on the TSX Venture Exchange under the ticker symbol “EQX”. Led by Ross Beaty as Chairman, Equinox Gold will be a well-financed, multi-asset mining company with a near-term gold production and strong growth platform of copper and gold assets. Further information about the proposed business combination and Trek Mining’s current portfolio of assets is available at www.trekmining.com or by email at ir@trekmining.com.
Trek Mining Contacts
Christian Milau, Chief Executive Officer
Rhylin Bailie, Vice President Investor Relations
Tel: +1 604-558-0560
Email: ir@trekmining.com
Technical Information
All technical information related to Aurizona is based on the “Feasibility Study on the Aurizona Gold Mine Project” prepared by Lycopodium Minerals Canada Ltd. with an effective date of July 10, 2017, which is available for download on SEDAR at www.sedar.com. Scott Heffernan, M.Sc., P.Geo., the Company’s EVP Exploration, is a Qualified Person under National Instrument 43-101 and has approved the technical and scientific disclosure throughout this news release.
Cautionary Notes and Forward-looking Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This document contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). The use of the words “to form”, “to be”, “to combine”, “objective”, “underway” and similar expressions are intended to identify forward-looking statements. Forward-looking statements contained in this press release include statements regarding mine development activities at Aurizona, the anticipated restart of production at Aurizona, exploration activities underway at Aurizona, the proposed US$85 million credit facility with Sprott Private Resource Lending (Collector), L.P. (“Sprott”), and the proposed business combination to create Equinox Gold. Although Trek Mining believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since Trek Mining can give no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements, including the risks, uncertainties and other factors identified in Trek Mining’s periodic filings with Canadian securities regulators, and assumptions made with regard to: the Company’s ability to successfully complete mine development at Aurizona and restart production; timing of the anticipated restart of production; the Company’s ability to achieve the production and operating results estimated in the Aurizona feasibility study; the results of exploration activities underway at Aurizona; the Company’s ability to complete the legal and formal documentation required to finalize the proposed US$85 million credit facility with Sprott; the Company’s ability to complete the proposed business combination with NewCastle Gold and Anfield Gold (ANCKF); and the Company’s ability to achieve the synergies expected as a result of the business combination. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and Trek Mining does not undertake any obligations to publicly update and/or revise any of the included forward-looking statements, whether as a result of additional information, future events and/or otherwise, except as may be required by applicable securities laws.
Source: Trek Mining Inc. 2017 GlobeNewswire, Inc.
Renaissance Oil successfully brings Amatitlán back into production
NEWS PROVIDED BY
Renaissance Oil Corp.
Nov 06, 2017, 07:00 ET
VANCOUVER, Nov. 6, 2017 /CNW/ - Renaissance Oil Corp. ("Renaissance" or the "Company") (TSX-V: ROE) is pleased to announce, in conjunction with its partner Lukoil, the Company has progressed the field evaluation program to production for the Amatitlán block in Veracruz, Mexico. Renaissance has now:
Completed the third workover of a scheduled six well workover program with the fractured recompletion of a lower zone in the Chicontepec formation in a previously non-producing well;
Gross production from the three workovers has stabilized at approximately 110 bbls/d of 38° API light oil;
Gross cost for the three workovers is estimated at C$650,000, or under C$6,000 per producing barrel;
The workover rig has now been redeployed to the fourth location, with expected completion of the operation by mid-November; and
Drilling rig crews and equipment have now received all required certifications and expected to be moved to the first drilling location in the coming weeks, subject to finalizing drilling permits.
"In keeping with the committed work program, Renaissance and Lukoil are efficiently re-establishing production on Amatitlán through light and heavy workovers and are rig ready to commence drilling the shallower Chicontepec and deeper Upper Jurassic Shales," stated Craig Steinke, Chief Executive Officer of Renaissance.
Non-Brokered Private Placement
The Company has entered into a non-brokered private placement with certain members of the Renaissance technical team for 4 million units at a price of C$0.25 per unit for gross proceeds to the Company of C$1 million (the "Offering"). Each unit comprises one common share of Renaissance (a "Share") and one common share purchase warrant (a "Warrant") each Warrant exercisable to acquire one additional Share of Renaissance at a price of C$0.50 for 5 years. All securities issued under this Offering will be subject to a hold period of four months and one day from issuance, in accordance with applicable Canadian securities laws. It is expected the Offering will be completed in approximately two weeks, subject to acceptance by the TSX Venture Exchange. The proceeds from the Offering will be used to develop Company properties in Mexico and for general corporate purposes.
The Company further announces that pursuant to the Company's stock option plan, it has granted to directors, officers, consultants and employees of the Company options to purchase an aggregate of 1,200,000 common shares of the Company at a price of C$0.25 per share for a period of up to ten years, subject to regulatory approval.
Renaissance continues to make progress on its journey to become a major Mexican energy producer.
RENAISSANCE OIL CORP.
Per:
Craig Steinke
Chief Executive Officer
Cautionary Note Regarding Forward-Looking Statements
This news release contains certain "forward-looking statements" within the meaning of Canadian securities legislation, including, without limitation, statements with respect to the acceptance of the Offering by the TSX Venture Exchange and the anticipated use of proceeds from the Offering. Forward-looking statements are statements that are not historical facts which address events, results, outcomes or developments that the Company expects to occur; they are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and they involve a number of risks and uncertainties. Certain material assumptions regarding such forward-looking statements are discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at www.sedar.com. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Renaissance Oil Corp.
For further information: Craig Steinke, Chief Executive Officer | Tel: 604-536-3637; Kevin J. Smith, Vice President, Business Development | Tel: 403-200-9047
Organization Profile
Renaissance Oil Corp.
$RNSFF UP 27% TODAY
The spike in the price of oil over the last few days is likely the main driver here, but OTCQB certification probably didn't hurt. The OTCQB is a smart and cost-efficient way to establish credibility without the ridiculous expense of the established exchanges. When the "big reset" hits (probably in 2018) $RNSFF should be well positioned.
http://www.otcmarkets.com/financialReportViewer?symbol=RNSFF&id=180167
$RNSFF UP 27% TODAY
I'm assuming the spike in the price of oil is the main driver, but OTCQB certification probably didn't hurt. The OTCQB is a smart and cost-efficient way to establish credibility without the ridiculous expense of the established exchanges. When the "big reset" hits (probably in 2018) $RNSFF should be well positioned.
http://www.otcmarkets.com/financialReportViewer?symbol=RNSFF&id=180167
The third quarter results seem pretty positive given the Lucky Friday Mine situation. Now if we can get a reasonable resolution to the strike, perhaps HL can get back on track for the next spike in the price of gold.
$GAMN - Still alive?
(see OTC Markets link below article)
Amici Italian Café Named Georgia Restaurateur Of Year
The Madison location of Amici Italian Café has been named Georgia Restaurateur of the Year.
By Deb Belt (Patch National Staff) - Updated Nov 6, 2017 2:10 pm ET
MADISON, GA – Amici Italian Café franchisees Jonathan (Bob) Ewing and Jon Joiner were named Restaurateur of the Year by the Georgia Restaurant Association at a recent awards show. According to a news release, the two were lauded for beating the odds and starting their franchise during the economic downturn in 2009.
Ewing and Joiner started working at Amici as dishwashers and worked through the ranks to cook, server, bartender and manager while they were in college. They are now franchisees with three restaurants of their own located in Milledgeville, Lake Oconee and Macon.
"We are so proud that Bob and Jon have been recognized by the Georgia Restaurant Association for their years of service to the Georgia restaurant economy and their success as Amici franchisees," said Chris Torino, vice president of brand development and founder of Amici, in a news release. "The future is bright for Amici, and we look forward to growing our brand in the coming years with dedicated franchisees like Bob and Jon."
Earlier this year, Amici signed a 20-unit restaurant deal with Stonemont Financial Group, a private real estate investment firm headquartered in Atlanta. Stonemont will open new Amici restaurants across North and South Carolina. Their first location just opened in Clemson, S.C.
Amici Italian Café serves made-from-scratch gourmet pizzas and fresh pastas, wings, sandwiches, soups, salads, and a variety of appetizers. The popular café gained a strong student following on the campuses of the University of Georgia and Georgia College & State University.
http://www.otcmarkets.com/stock/GAMN/news/Great-American-Food-Chain-Acquires-Amici-Restaurants?id=27248&b=y
$GLDFF CEO QUOTED ON NBC ONLINE
"I know some master growers who make more than $200,000. They're valuable," said William Simpson, CEO of Golden Leaf Holdings, an Oregon-based chain of dispensaries, cannabis farms and manufacturers. "That is going to be a very sought after, difficult position."
http://www.nbc-2.com/story/36764261/it-pays-to-be-a-scientist-in-the-marijuana-industry
$HLSPY NEWS
Medical 420 DOO Invests in Heliospectra LED Solutions
Indoor Cultivation Facility in Macedonia Will Use Swedish LED Grow Light Technology to Accelerate Harvest and Deliver Medicinal-Grade Cannabis
PR Newswire
STOCKHOLM, Oct. 31, 2017
STOCKHOLM, Oct. 31, 2017 /PRNewswire/ -- Heliospectra AB (publ) (OTCQB: HLSPY, FIRSTNORTH: HELIO), a world leader in intelligent lighting technology for greenhouse and controlled plant growth environments, announces an order from Medical 420 a medicinal cannabis cultivation facility in Macedonia. The indoor controlled environment facility is investing in Heliospectra LED lighting solutions to improve quality, accelerate harvest cycles and increase yields. The order is valued at $117,000 USD (984,000 SEK).
"We are committed to growing the highest-grade flower and distilling the highest-grade concentrates in order to deliver consistent medical products and treatments to patients. Heliospectra has proven that they offer a robust solution with market-leading light quality and uniform distribution. This allows us to standardize highest quality while increasing yields," said Tony Gasovski, owner and founder of Medical 420.
The Republic of Macedonia legalized the use of cannabis for medical purposes in 2016, following European countries such as the Netherlands, Czech Republic and Portugal. Unlike most EU countries, production will not be carried out by a state monopoly, which has opened up the market as a potential production base for numerous companies, both local and international.
Medical 420 is setting up a brand new vertical cultivation facility in Macedonia, and has chosen Heliospectra's intense E60 series as sole-source lighting. The E60 is a fixed spectrum, high intensity LED grow light fixture developed together with some of the world's leading commercial growers. The lamp has an optimized spectrum and its plug-and-play nature provides instant, high-quality light for horticulture crop production year round.
"Heliospectra's proven solutions deliver superior performance and durability while also achieving business advantages for growers and producers in the global marketplace. The ability to accelerate harvest while increasing yields and improving the quality of crops provides growers like Medical 420 with reliable, repeatable production forecasts and the opportunity to negotiate premium placement in the marketplace," said Ali Ahmadian, Heliospectra, CEO.
Delivery will take place and will be visible in the accounts in Q4.
Heliospectra Investor Relations:
Ali Ahmadian
CEO of Heliospectra
+46(0)72-203-6344
Ali.Ahmadian@heliospectra.com
Redeye is Heliospectra Certified Advisor for Nasdaq First North - www.redeye.se
http://www.heliospectra.com
This information was brought to you by Cision http://news.cision.com
http://news.cision.com/heliospectra/r/medical-420-doo-invests-in-heliospectra-led-solutions,c2379767
The following files are available for download:
http://mb.cision.com/Main/5333/2379767/744464.pdf
PDF
View original content:http://www.prnewswire.com/news-releases/medical-420-doo-invests-in-heliospectra-led-solutions-300546359.html
SOURCE Heliospectra
Copyright © 2017 PR Newswire. All Rights Reserved
$HLSPY NEWS
Medical 420 DOO Invests in Heliospectra LED Solutions
Indoor Cultivation Facility in Macedonia Will Use Swedish LED Grow Light Technology to Accelerate Harvest and Deliver Medicinal-Grade Cannabis
PR Newswire
STOCKHOLM, Oct. 31, 2017
STOCKHOLM, Oct. 31, 2017 /PRNewswire/ -- Heliospectra AB (publ) (OTCQB: HLSPY, FIRSTNORTH: HELIO), a world leader in intelligent lighting technology for greenhouse and controlled plant growth environments, announces an order from Medical 420 a medicinal cannabis cultivation facility in Macedonia. The indoor controlled environment facility is investing in Heliospectra LED lighting solutions to improve quality, accelerate harvest cycles and increase yields. The order is valued at $117,000 USD (984,000 SEK).
"We are committed to growing the highest-grade flower and distilling the highest-grade concentrates in order to deliver consistent medical products and treatments to patients. Heliospectra has proven that they offer a robust solution with market-leading light quality and uniform distribution. This allows us to standardize highest quality while increasing yields," said Tony Gasovski, owner and founder of Medical 420.
The Republic of Macedonia legalized the use of cannabis for medical purposes in 2016, following European countries such as the Netherlands, Czech Republic and Portugal. Unlike most EU countries, production will not be carried out by a state monopoly, which has opened up the market as a potential production base for numerous companies, both local and international.
Medical 420 is setting up a brand new vertical cultivation facility in Macedonia, and has chosen Heliospectra's intense E60 series as sole-source lighting. The E60 is a fixed spectrum, high intensity LED grow light fixture developed together with some of the world's leading commercial growers. The lamp has an optimized spectrum and its plug-and-play nature provides instant, high-quality light for horticulture crop production year round.
"Heliospectra's proven solutions deliver superior performance and durability while also achieving business advantages for growers and producers in the global marketplace. The ability to accelerate harvest while increasing yields and improving the quality of crops provides growers like Medical 420 with reliable, repeatable production forecasts and the opportunity to negotiate premium placement in the marketplace," said Ali Ahmadian, Heliospectra, CEO.
Delivery will take place and will be visible in the accounts in Q4.
Heliospectra Investor Relations:
Ali Ahmadian
CEO of Heliospectra
+46(0)72-203-6344
Ali.Ahmadian@heliospectra.com
Redeye is Heliospectra Certified Advisor for Nasdaq First North - www.redeye.se
http://www.heliospectra.com
This information was brought to you by Cision http://news.cision.com
http://news.cision.com/heliospectra/r/medical-420-doo-invests-in-heliospectra-led-solutions,c2379767
The following files are available for download:
http://mb.cision.com/Main/5333/2379767/744464.pdf
PDF
View original content:http://www.prnewswire.com/news-releases/medical-420-doo-invests-in-heliospectra-led-solutions-300546359.html
SOURCE Heliospectra
Copyright © 2017 PR Newswire. All Rights Reserved
$GLDFF NEWS
Golden Leaf Secures City License to Sell Cannabis in Las Vegas,
Nevada
http://goldenleafholdings.com/wp-content/uploads/2016/06/Golden-Leaf-Secures-City-License-to-Sell-Cannabis-in-Las-Vegas-Nevada.pdf
$GLDFF NEWS
Golden Leaf Secures City License to Sell Cannabis in Las Vegas,
Nevada
http://goldenleafholdings.com/wp-content/uploads/2016/06/Golden-Leaf-Secures-City-License-to-Sell-Cannabis-in-Las-Vegas-Nevada.pdf
Sandstorm Gold Announces Agreement to Sell US$18 Million in Securities of Trek Mining as Part of Announced Business Combination
https://www.prnewswire.com/news-releases/sandstorm-gold-announces-agreement-to-sell-us18-million-in-securities-of-trek-mining-as-part-of-announced-business-combination-653113233.html
Trek Mining, NewCastle Gold and Anfield Gold Announce Business Combination to Create Equinox Gold
Creates New Low-Cost Near-Term Gold Producer
Ross Beaty to be Chairman and a Significant Shareholder
US$85 Million Construction Facility and Access to US$200 Million for Development and Acquisitions
http://mailchi.mp/f039bc4cb698/trek-mining-announces-positive-feasibility-study-for-the-aurizona-gold-mine-and-award-of-epcm-contract-to-ausenco-299085?e=917300d4ac
Have you heard anything about the distribution that was supposed to be made this year?
$GLDFF NEWS
Golden Leaf Secures City Licenses to Sell Cannabis in
Additional Nevada
Jurisdictions
GlobeNewswire
8:00 AM ET
Golden Leaf Holdings Ltd. ("GLH" or the "Company")
(CSE:GLH) (OTCQB:GLDFF), a leading cannabis oil solutions
company and dispensary operator built around recognized
brands, today announced that it has been granted business
licenses by Henderson County and Washoe County, in the
State of Nevada, to sell cannabis to the adult-use markets
in these locations. The Company plans to commence sales in
these jurisdictions immediately.
The
Company previously announced in September 2017 that it
secured a business license to sell into the adultâ? use
market in the city of Sparks, Nevada, and the acquisition of
a state-wide cultivation and extraction license in Nevada,
in March 2017. Receiving these licenses is expected to
enable the Company to expand beyond its home market of
Oregon, and to sell its high quality cannabis-infused
products to a larger market. The Company continues to work
towards securing the requisite licenses to sell into Las
Vegas, which requires a separate license.
Mr. William Simpson, Chief Executive
Officer of the Company, commented, "We remain committed to
replicating our successful Oregon operating model of
building out an internally produced and distributed
portfolio of premium cannabis brands, sold through a channel
of retail dispensaries. Securing these additional city
licenses in Nevada supports this key strategic initiative,
as Nevada became the fifth state to allow adult-use cannabis
sales earlier this year, opening a new market opportunity
for Golden Leaf. We have already begun to gain early sales
traction in Reno, Nevada, where we are using a licensed
distributor to generate sales, as well as in Sparks, Nevada,
and look forward to continuing to expand our customer base
and product reach."
To be added to the
email distribution list please email GLH@kcsa.com with 'GLH'
in the subject line.
About Golden Leaf
Holdings
Golden Leaf Holdings Ltd., based
in Portland, Oregon, is one of the largest cannabis oil and
solution providers in North America, and a leading cannabis
products company built around recognized brands. Golden Leaf
Holdings cultivates, extracts and manufactures and
distributes its products through its branded Chalice Farm
retail dispensaries, as well as through third party
dispensaries. Golden Leaf leverages a strong management team
with cannabis and food industry experience to complement its
expertise in extracting, refining and selling cannabis oil.
Visit http://goldenleafholdings.com/ to learn more.
Media Contacts:
Anne
Donohoe / Anne Szustek
KCSA Strategic
Communications
adonohoe@kcsa.com/aszustek@kcsa.com
212-896-1265 / 212-896-1210
Investor Relations:
Steve Silver / Phil Carlson
GLH@kcsa.com
212-896-1220 / 212-896-1233
Company:
William
Simpson
Chief Executive Officer
Golden Leaf Holdings Ltd.
503-477-7626
William@chalicefarms.com
Disclaimer: This press release contains
"forward-looking information" within the meaning of
applicable securities legislation. Forward-looking
information includes, but is not limited to, statements with
respect to the Company's future business operation,
expectations of gross sales, the opinions or beliefs of
management and future business goals, statements regarding
the timing for receipt of the additional licenses, and
management's expectations with respect to the impact of
receipt of the additional licenses. Generally, forward
looking information can be identified by the use of
forward-looking terminology such as "plans", "expects" or
"does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does
not anticipate", or "believes", or variations of such words
and phrases or state that certain actions, events or results
"may", "could", "would", "might" or "will be taken", "occur"
or "be achieved". Forward-looking information is subject to
known and unknown risks, uncertainties and other factors
that may cause the actual results, level of activity,
performance or achievements of the Company to be materially
different from those expressed or implied by such
forward-looking information, including but not limited to
general business, economic and competitive uncertainties,
regulatory risks including risks related to the expected
timing of the Company's participation in the Adult Use
market, market risks, risks inherent in manufacturing
operations and other risks of the cannabis industry.
Although the Company has attempted to identify important
factors that could cause actual results to differ materially
from those contained in forward-looking information, there
may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no
assurance that such information will prove to be accurate,
as actual results and future events could differ materially
from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward looking
information. Forward-looking information is provided herein
for the purpose of presenting information about management's
current expectations relating to the future and readers are
cautioned that such information may not be appropriate for
other purpose. The Company does not undertake to update any
forward-looking information, except in accordance with
applicable securities laws. This Release does not constitute
an offer of securities for sale in the United States, and
such securities may not be offered or sold in the United
States absent registration or an exemption from registration
or an exemption from registration.
============================================================
Past performance of a security, industry or sector does not
guarantee future results or
success.
Business Wire is a registered trademark of Business Wire.
GlobeNewswire is a registered trademark of The NASDAQ OMX
Group, Inc. PR Newswire is a registered trademark of PR
Newswire Association,
Inc.
$GLDFF NEWS
Golden Leaf Secures City Licenses to Sell Cannabis in
Additional Nevada
Jurisdictions
GlobeNewswire
8:00 AM ET
Golden Leaf Holdings Ltd. ("GLH" or the "Company")
(CSE:GLH) (OTCQB:GLDFF), a leading cannabis oil solutions
company and dispensary operator built around recognized
brands, today announced that it has been granted business
licenses by Henderson County and Washoe County, in the
State of Nevada, to sell cannabis to the adult-use markets
in these locations. The Company plans to commence sales in
these jurisdictions immediately.
The
Company previously announced in September 2017 that it
secured a business license to sell into the adultâ? use
market in the city of Sparks, Nevada, and the acquisition of
a state-wide cultivation and extraction license in Nevada,
in March 2017. Receiving these licenses is expected to
enable the Company to expand beyond its home market of
Oregon, and to sell its high quality cannabis-infused
products to a larger market. The Company continues to work
towards securing the requisite licenses to sell into Las
Vegas, which requires a separate license.
Mr. William Simpson, Chief Executive
Officer of the Company, commented, "We remain committed to
replicating our successful Oregon operating model of
building out an internally produced and distributed
portfolio of premium cannabis brands, sold through a channel
of retail dispensaries. Securing these additional city
licenses in Nevada supports this key strategic initiative,
as Nevada became the fifth state to allow adult-use cannabis
sales earlier this year, opening a new market opportunity
for Golden Leaf. We have already begun to gain early sales
traction in Reno, Nevada, where we are using a licensed
distributor to generate sales, as well as in Sparks, Nevada,
and look forward to continuing to expand our customer base
and product reach."
To be added to the
email distribution list please email GLH@kcsa.com with 'GLH'
in the subject line.
About Golden Leaf
Holdings
Golden Leaf Holdings Ltd., based
in Portland, Oregon, is one of the largest cannabis oil and
solution providers in North America, and a leading cannabis
products company built around recognized brands. Golden Leaf
Holdings cultivates, extracts and manufactures and
distributes its products through its branded Chalice Farm
retail dispensaries, as well as through third party
dispensaries. Golden Leaf leverages a strong management team
with cannabis and food industry experience to complement its
expertise in extracting, refining and selling cannabis oil.
Visit http://goldenleafholdings.com/ to learn more.
Media Contacts:
Anne
Donohoe / Anne Szustek
KCSA Strategic
Communications
adonohoe@kcsa.com/aszustek@kcsa.com
212-896-1265 / 212-896-1210
Investor Relations:
Steve Silver / Phil Carlson
GLH@kcsa.com
212-896-1220 / 212-896-1233
Company:
William
Simpson
Chief Executive Officer
Golden Leaf Holdings Ltd.
503-477-7626
William@chalicefarms.com
Disclaimer: This press release contains
"forward-looking information" within the meaning of
applicable securities legislation. Forward-looking
information includes, but is not limited to, statements with
respect to the Company's future business operation,
expectations of gross sales, the opinions or beliefs of
management and future business goals, statements regarding
the timing for receipt of the additional licenses, and
management's expectations with respect to the impact of
receipt of the additional licenses. Generally, forward
looking information can be identified by the use of
forward-looking terminology such as "plans", "expects" or
"does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does
not anticipate", or "believes", or variations of such words
and phrases or state that certain actions, events or results
"may", "could", "would", "might" or "will be taken", "occur"
or "be achieved". Forward-looking information is subject to
known and unknown risks, uncertainties and other factors
that may cause the actual results, level of activity,
performance or achievements of the Company to be materially
different from those expressed or implied by such
forward-looking information, including but not limited to
general business, economic and competitive uncertainties,
regulatory risks including risks related to the expected
timing of the Company's participation in the Adult Use
market, market risks, risks inherent in manufacturing
operations and other risks of the cannabis industry.
Although the Company has attempted to identify important
factors that could cause actual results to differ materially
from those contained in forward-looking information, there
may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no
assurance that such information will prove to be accurate,
as actual results and future events could differ materially
from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward looking
information. Forward-looking information is provided herein
for the purpose of presenting information about management's
current expectations relating to the future and readers are
cautioned that such information may not be appropriate for
other purpose. The Company does not undertake to update any
forward-looking information, except in accordance with
applicable securities laws. This Release does not constitute
an offer of securities for sale in the United States, and
such securities may not be offered or sold in the United
States absent registration or an exemption from registration
or an exemption from registration.
============================================================
Past performance of a security, industry or sector does not
guarantee future results or
success.
Business Wire is a registered trademark of Business Wire.
GlobeNewswire is a registered trademark of The NASDAQ OMX
Group, Inc. PR Newswire is a registered trademark of PR
Newswire Association,
Inc.
$RNSFF NEWS
Renaissance Oil Gets Ready to Drill Amatitlán and Closes Financing
VANCOUVER, Oct. 17, 2017 /CNW/ - Renaissance Oil Corp. ("Renaissance" or the "Company") (TSX-V:ROE) is pleased to announce the Company, in conjunction with its partner Lukoil, has initiated the field evaluation program for the Amatitlán block in Veracruz, Mexico. Renaissance has now:
Completed workovers and repair operations on two wells of a scheduled six well workover program;
Scheduled to start four major workovers with expected completion by end of November 2017;
Completed civil works for two multi-well drilling pads and initiated lease preparation for remaining drilling locations;
Submitted all required drilling permit applications for a nine well Chicontepec drilling program, expected to begin in November 2017; and
Completing final documentation for the drilling of a deeper well targeting the Upper Jurassic shale formation
CHIAPAS PRODUCTION UP 5%
On the Company's 100% working interest blocks at Mundo Nuevo, Topén and Malva, in Chiapas, Mexico (the "Chiapas Blocks"), Renaissance has been actively preparing roads and pads for the drilling program of 3-4 new wells and 3 workovers of existing wells. Services are currently being tendered for this drilling program. The Chiapas Blocks production averaged 1,634 boe/d in Q3 2017, reflecting an increase of 5% from the average production of Q2 2017.
Renaissance is pleased to confirm that no Company personnel, facilities or infrastructure were injured or damaged as a result of the tragic September earthquakes in Mexico.
FINANCING CLOSED
Renaissance completed its previously announced issuance of 18,260,869 units (the "Units"), at a price of C$0.1725 per Unit for aggregate gross proceeds of C$3,150,000 (the "Investment"). Each Unit comprises one common share of the Company and one common share purchase warrant, exercisable to acquire one additional common share of the Company at a price of C$0.50 until October 16, 2022. The proceeds from the Investment will be used to acquire additional oil and gas rights in Mexico and for general corporate purposes. All of the securities issued pursuant to the Investment will be subject to a hold period expiring on February 17, 2018.
Renaissance continues to make progress on its journey to become a major Mexican energy producer.
Abbreviations:
bbl or bbls
barrel or barrels
Mcf
thousand cubic feet
bbls/d
barrels per day
Mcf/d
thousand cubic feet per day
boe
barrels of oil equivalent
MMcf
million cubic feet
boe/d
barrels of oil equivalent per day
MMcf/d
million cubic feet per day
Cautionary Note Regarding Forward-Looking Statements
This news release contains certain "forward-looking statements" within the meaning of Canadian securities legislation, including, without limitation, statements with respect to increased production, the initiation of the drilling program at Amatitlán and at the Chiapas Blocks, the Company becoming a major Mexican energy producer and with respects of the anticipated use of proceeds from the investment. Forward-looking statements are statements that are not historical facts which address events, results, outcomes or developments that the Company expects to occur; they are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and they involve a number of risks and uncertainties. Certain material assumptions regarding such forward-looking statements are discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at www.sedar.com. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Renaissance Oil Corp.
For further information: Please visit www.renaissanceoil.com or contact us at 1-604-536-3637.
Organization Profile
Renaissance Oil Corp.
$RNSFF NEWS
Renaissance Oil Gets Ready to Drill Amatitlán and Closes Financing
VANCOUVER, Oct. 17, 2017 /CNW/ - Renaissance Oil Corp. ("Renaissance" or the "Company") (TSX-V:ROE) is pleased to announce the Company, in conjunction with its partner Lukoil, has initiated the field evaluation program for the Amatitlán block in Veracruz, Mexico. Renaissance has now:
Completed workovers and repair operations on two wells of a scheduled six well workover program;
Scheduled to start four major workovers with expected completion by end of November 2017;
Completed civil works for two multi-well drilling pads and initiated lease preparation for remaining drilling locations;
Submitted all required drilling permit applications for a nine well Chicontepec drilling program, expected to begin in November 2017; and
Completing final documentation for the drilling of a deeper well targeting the Upper Jurassic shale formation
CHIAPAS PRODUCTION UP 5%
On the Company's 100% working interest blocks at Mundo Nuevo, Topén and Malva, in Chiapas, Mexico (the "Chiapas Blocks"), Renaissance has been actively preparing roads and pads for the drilling program of 3-4 new wells and 3 workovers of existing wells. Services are currently being tendered for this drilling program. The Chiapas Blocks production averaged 1,634 boe/d in Q3 2017, reflecting an increase of 5% from the average production of Q2 2017.
Renaissance is pleased to confirm that no Company personnel, facilities or infrastructure were injured or damaged as a result of the tragic September earthquakes in Mexico.
FINANCING CLOSED
Renaissance completed its previously announced issuance of 18,260,869 units (the "Units"), at a price of C$0.1725 per Unit for aggregate gross proceeds of C$3,150,000 (the "Investment"). Each Unit comprises one common share of the Company and one common share purchase warrant, exercisable to acquire one additional common share of the Company at a price of C$0.50 until October 16, 2022. The proceeds from the Investment will be used to acquire additional oil and gas rights in Mexico and for general corporate purposes. All of the securities issued pursuant to the Investment will be subject to a hold period expiring on February 17, 2018.
Renaissance continues to make progress on its journey to become a major Mexican energy producer.
Abbreviations:
bbl or bbls
barrel or barrels
Mcf
thousand cubic feet
bbls/d
barrels per day
Mcf/d
thousand cubic feet per day
boe
barrels of oil equivalent
MMcf
million cubic feet
boe/d
barrels of oil equivalent per day
MMcf/d
million cubic feet per day
Cautionary Note Regarding Forward-Looking Statements
This news release contains certain "forward-looking statements" within the meaning of Canadian securities legislation, including, without limitation, statements with respect to increased production, the initiation of the drilling program at Amatitlán and at the Chiapas Blocks, the Company becoming a major Mexican energy producer and with respects of the anticipated use of proceeds from the investment. Forward-looking statements are statements that are not historical facts which address events, results, outcomes or developments that the Company expects to occur; they are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and they involve a number of risks and uncertainties. Certain material assumptions regarding such forward-looking statements are discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at www.sedar.com. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Renaissance Oil Corp.
For further information: Please visit www.renaissanceoil.com or contact us at 1-604-536-3637.
Organization Profile
Renaissance Oil Corp.
$KLDX NEWS
Klondex Mines gets shareholder approval to buy Bison Gold
http://www.proactiveinvestors.co.uk/companies/news/185516/klondex-mines-gets-shareholder-approval-to-buy-bison-gold-185516.html
$KLDX NEWS
Klondex Mines gets shareholder approval to buy Bison Gold
http://www.proactiveinvestors.co.uk/companies/news/185516/klondex-mines-gets-shareholder-approval-to-buy-bison-gold-185516.html
$HL Preliminary production results out.
http://www.snl.com/Cache/c390620701.html
$HL News
The Lucky Friday Mine USW Local 5114 is reporting they will have a meeting tonight to discuss the most recent negotiations with the company. There was no indication of the mood of officials.
https://www.facebook.com/USW-Local-5114-694692010581206/
After hitting .6438 yesterday on nine times the average volume, a 500 share trade at .4795 slips through today. Who does that?
$MKRS
Mikros Systems Receives $2.4 Million U.S. Navy Production Order for ADEPT® Advanced Maintenance Systems
https://seekingalpha.com/pr/16953616-mikros-systems-receives-2_4-million-u-s-navy-production-order-adept-advanced-maintenance
http://investorshub.advfn.com/Mikros-Systems-MKRS-1308/
$MKRS
Mikros Systems Receives $2.4 Million U.S. Navy Production Order for ADEPT® Advanced Maintenance Systems
https://seekingalpha.com/pr/16953616-mikros-systems-receives-2_4-million-u-s-navy-production-order-adept-advanced-maintenance
http://investorshub.advfn.com/Mikros-Systems-MKRS-1308/
$MKRS
Mikros Systems Receives $2.4 Million U.S. Navy Production Order for ADEPT® Advanced Maintenance Systems
PR Newswire
"PRINCETON, N.J., Sept. 28, 2017 /PRNewswire/ -- Mikros Systems Corporation (OTCQB: MKRS) announced today that it has received the second production order awarded under its recent multi-year $35M contract with the Naval Surface Warfare Center in Crane, IN.
http://photos.prnewswire.com/prnvar/20120601/PH16889LOGO
The order covers new production deliveries of Mikros' Adaptive Diagnostic Electronic Portable Testset (ADEPT) and is valued at $2.4 million. Year-to-date, Mikros (MKRS) has received $3.5 million in U.S. Navy ADEPT production awards. The ADEPT units will be produced at the Mikros Manufacturing and Depot Center in Largo, FL.
Mikros' Director of Operations Mark Laureigh commented, "Our Largo facility is up and running after Hurricane Irma. We experienced minimal disruption from the storm and we are ready to execute this new production order. This is the eleventh round of production orders for ADEPT and will increase the total number of manufactured systems beyond 250. We expect to deliver additional ADEPT systems over the next year and continue to support the systems already deployed on U.S. Navy AEGIS surface combatants."
The Mikros Systems Manufacturing and Depot Center in Largo, Florida was established in 2009 to manufacture and provide sustainment and logistics support for the ADEPT system and other Mikros products. The center has produced and delivered over 200 systems to the U.S. Navy and provides life-cycle support for the systems including calibration, repair and training.
For more information on Mikros Systems' manufacturing capabilities, please visit: https://www.mikrossystems.com/product/custom-manufacturing/
Mikros Systems Corporation is an advanced technology company specializing in the development and production of electronic systems technology for advanced maintenance in military, industrial and commercial applications. Classified by the U.S. Department of Defense as a small business, its capabilities include technology management, electronic systems engineering and integration, radar systems engineering, command, control, communications, computers and intelligence systems engineering, and communications engineering. Please visit www.mikrossystems.com/news-events for more information.
Important Information about Forward-Looking Statements
All statements in this news release other than statements of historical facts are forward-looking statements which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Such statements are not guarantees of future performance or events and are subject to known and unknown risks and uncertainties that could cause the Company's actual results, events or financial positions to differ materially from those included within or implied by such forward-looking statements. Such factors include, but are not limited to, changes in business conditions, a decline or redirection of the U.S. Defense budget, significant delays or reductions in appropriations for our projects, the termination of any contracts with the U.S. Government, changes in our sales strategy and product development plans, changes in the marketplace, continued services of our executive management team, our limited marketing experience, competition between us and other companies seeking SBIR grants, competitive pricing pressures, market acceptance of our products under development, delays in the development of products, our ability to adequately integrate our software offerings into our business model, our ability to market our solutions to commercial customers, numerous other matters of national, regional and global scale, including those of a political, economic, business and competitive nature, statements of assumption underlying any of the foregoing, and other factors disclosed in our annual report on Form 10-K for the year ended December 31, 2016 and other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, we undertake no obligation to disclose any revision to these forward-looking statements."
View original content:http://www.prnewswire.com/news-releases/mikros-systems-receives-24-million-us-navy-production-order-for-adept-advanced-maintenance-systems-300527294.html
SOURCE Mikros Systems Corporation
http://investorshub.advfn.com/Mikros-Systems-MKRS-1308/
The 52 week high of .09 is holding through mid-day and 33000 shares traded.
$EKCS - Check This Out
Apparent accumulation over the last ten trading days now totals over 400,000 shares with 7 up days out of 10 and no news from the company. See detailed trading at the link below.
https://ih.advfn.com/stock-market/USOTC/electronic-control-security-inc-pn-EKCS/historical/more-historical-data