Month: April 2017

Month: April 2017

CKR Carbon Updates Results of Ongoing Exploration at Aukam

CKR Carbon Corporation. (TSXV: CKR) (FSE: CB81) (“CKR” or the “Company”) a graphite development company and operator of the Aukam vein graphite project in Namibia, is pleased to announce results of ongoing exploration at Aukam. Exploration during 2017 has primarily focused on underground diamond drilling to expand the known graphite mineralization in historic workings. Additionally, reconnaissance exploration is underway to map additional graphite mineralization distant from the mine site. After rehabilitating the lower adit, CKR launched an underground drilling program to test for continuation of graphite mineralization along strike and down dip of known graphite in the old workings. To date CKR has completed 28 diamond drill holes with a total length of 630 metres with individual holes varying in

Mission Ready Announces Updated Details in Relation to up to 1.5M Convertible Debenture Financing

Mission Ready Services Inc. (“Mission Ready” or the “Company”) (TSX VENTURE: MRS) announces that further to its News Release of April 5, 2017 that it has reached an amended agreement with First Republic Capital Corporation (the “Agent“) to act as agent in relation to a brokered private placement whereby the Company proposes to raise on a up to $1,500,000 through the issuance of secured convertible debentures of the Company (the “Offering“). Closing of the Offering is expected to occur on or before May 1, 2017 and is expected to close in more than one tranche. Under the terms of the amended agreement each Debenture is convertible at the option of the holder, in whole or in part, into units consisting

High Hampton announces $5M brokered private placement

Vancouver/Toronto (pcJ News Briefs) – High Hampton Holdings Corp. (CSE: HC) has engaged First Republic Capital Corporation as exclusive lead agent in connection with a best efforts brokered private placement of up 10,000,000 subscription receipts at $0.50 per subscription receipt for gross proceeds of up to $5,000,000. Each subscription receipt is automatically exchangeable into units, on the basis of one unit for each subscription receipt, upon the occurrence of certain events, including without limitation, the company having received all approvals of the Canadian Securities Exchange to acquire all of the issued and outstanding shares of CoachellaGro Corp., as previously announced on February 6, 2017, and the completion of a share consolidation on a ratio of 5:1 immediately prior closing the

Globex Acquires Kelly Lake Copper, Nickel, Platinum, Palladium, Cobalt, Rhodium Project in Quebec

ROUYN-NORANDA, QUÉBEC–(Marketwired – April 12, 2017) – GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1MN)(STUTTGART:G1MN)(BERLIN:G1MN)(MUNICH:G1MN)(XETRA:G1MN)(OTCQX:GLBXF) is pleased to inform shareholders that we have acquired six cells (350 ha) located in Blondeau Township, Quebec (31M07) west of the Town of Belleterre. The cells cover the Kelly Lake copper, nickel, platinum, palladium, and cobalt zone. Work by previous companies and compiled for Loubel Exploration Inc. reports a historical Indicated Mineral Resources of 1,400,000 tonnes grading 0.7% Ni and 0.7% Cu with potential Pt and Pd grades of 0.7 g/t and 0.6 g/t respectively to a depth of 335 metres and open to depth. (Source: A Report on the Kelly Lake Project prepared for Loubel Exploration Inc., by J.D. Charlton, PGeo. APGGQ, APGO and FGAC, Feb. 11,

Sunvest Discovers New Gold Zone on Mckinnon-Hawkins Property

Vancouver, British Columbia (FSCwire) – Sunvest Minerals Corp. (TSX-V: SSS) (“Sunvest Minerals” or the “Company”) is pleased to announce an update on the drilling program on the Mckinnon-Hawkins gold projects located in Hawkins and Walls townships, Ontario. To date thirteen (13) drill holes have been completed, comprising 1,624. 4 meters. Drilling has been paused for spring break-up and is expected to resume in May. To date, complete results have only been received for four (4) holes with assays pending on the remaining nine holes. Most significantly, a new zone has been intersected in two holes located in the Hanging Wall to the north of the Main Zone. The McKinnon-Hawkins project Main Zone has a National Instrument 43-101 resource estimate of

Manganese X Energy Metallurgical Update and Potential Metallurgical Project Collaboration with the National Research Council Canada

Montreal, Quebec–(Newsfile Corp. – April 11, 2017) – Manganese X Energy Corp. (the “Company“) (TSXV: MN) (FSE: 9SC2) (OTC Pink: SNCGF) has received preliminary results from SGS-Lakefield of chemical analyses, mineralogical characterizations and assessments of the Company’s Sharpe Farm and Moody Hill occurrences at its manganese property near Houlton-Woodstock, New Brunswick. Based on the initial drill assay results, chemical analyses showed manganese contents of 9.42 and 10.45% Mn in the Red and Grey composites respectively. From the X-ray diffraction and Qemscan (Quantitative Evaluation of Materials by Scanning Electron Microscopy) studies it was determined that the manganese occurs in several mineralogical forms including carbonates and silicates where the concentration across the various manganese-bearing species averaged 23% Mn (grey) and 27% Mn

Northern Sphere Mining Corp. Announces Proposed Private Placement of Flow-Through Common Shares

Toronto, Ontario–(Newsfile Corp. – April 11, 2017) – Northern Sphere Mining Corp. (CSE: NSM) (“Northern Sphere” or the “Company”) announced today that it has entered into an engagement letter with First Republic Capital Corporation (the “Lead Agent”) pursuant to which the Lead Agent has agreed to act as lead agent for the offer and sale, on a “best efforts” private placement basis, of up to 2,000,000 flow-through common shares of the Company (“Flow-Through Shares”) at a price of $0.50 per Flow-Through for aggregate gross proceeds to the Company of up to $1.0 million (the “Offering”). The gross proceeds of the Offering will be used to fund the exploration and development of the Company’s mineral properties in Ontario, Canada. The gross

Mission Ready Engages First Republic Capital to Facilitate $1.5MM Convertible Debenture Financing

Mission Ready Services Inc. (“Mission Ready” or the “Company”) (TSX VENTURE: MRS) announced today that it has entered into an agreement with First Republic Capital Corporation (the “Agent”) pursuant to which the Company will issue, on a brokered private placement basis (the “Offering”), up to CAD $1.5MM aggregate principal amount of secured convertible debentures (the “Debentures”). The Debentures will bear interest from the date of closing at 10% per annum, paid annually upfront in common shares in the capital of the Company (each a “Share”) at a price per Share equal to the 10-day volume weighted average price of the Shares on the TSX Venture Exchange prior to the date upon which the investors make each investment. The Debentures will

CKR Appoints Sheldon Inwentash Executive Chairman and Grants Options.

Toronto, Ontario–(Newsfile Corp. – April 4, 2017) – CKR Carbon Corporation. (TSXV: CKR) (FSE: CB8) (“CKR” or the “Company”), a graphite development Company, and operator of the Aukam Vein graphite project in Namibia, is pleased to announce that Mr. Sheldon Inwentash will be joining the Board of Directors as Executive Chairman effective immediately. Mr. Inwentash, a serial entrepreneur in the resource sector, is Chairman and CEO, of ThreeD Capital Inc., a Toronto based venture capital firm specializing in investments in junior resources, technology, and biotechnology markets. Mr. Inwentash brings more than 30 years of experience in the investment side of the resource industry to the Company. Through two decades leading Pinetree Capital, Mr. Inwentash created significant shareholder value through early

NuRAN Wireless Receives a $1,254M Order for Nigeria, Africa.

NuRAN Wireless Inc. (‘Nuran Wireless” or the “Company”) (CSE:NUR) (OTC:NRRWF), a leading supplier of mobile and broadband wireless solutions to connect the next billion is pleased to announce that it has received an order for approximately $1,254 Million of its LiteCell 1.5 to be deployed for a Tier One operator in Nigeria. On February 23, 2017, Nuran had previously announced that its GSM LiteRAN 2G solution was selected by Global Communications Extension Services Ltd (“GCES”), a wholesale operator, for an initial deployment in Nigeria for a Tier One mobile operator. Nigeria has the largest rural population in Africa with over 95 million people living in these remote and rural areas. The mobile phone penetration rate is at 81% and mostly