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Iron Ore Supply Disruptions Create Market Opportunities, Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Expects Major Developments in 2019

  • The latest industry developments and production slowdowns have contributed to upward iron ore price pressures
  • As of March 2019, the price of iron ore has registered one of its highest levels in almost a year
  • Iron ore production companies like Black Iron Inc. are positioned to benefit from the opportunities created by the high prices and the latest market dynamics
  • Black Iron expects to sell the premium iron pellet feed it will extract from the Shymanivske Project at rates exceeding the benchmark iron ore price in the coming years

Production disruptions in Brazil and other market dynamics have contributed to surging iron ore prices (http://ibn.fm/t8gFk). According to the Commonwealth Bank, iron ore prices could be heading back to $100 a ton, a level that has not been reported since 2014.

Since November 2018, iron ore prices have increased by nearly 40 percent. The Vale-BHP Brumadinho Corrego do Feijao mine accident in Brazil contributed to the complete halting of 11 operations by Vale (NYSE: VALE), the world’s largest iron ore miner, as per National Mining Agency orders (http://ibn.fm/hXcbb). This created a massive threat to global iron ore supply, increasing the price per ton by an additional $12 since January 2019. As of March 12, iron ore traded at $85.31 on the spot market, in comparison to $74.30 in January 2019. This is one of the highest levels registered in almost a year (http://ibn.fm/84ILF).

These market dynamics have created stimuli for iron ore miners to enhance their extraction and production efforts. Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) is already seeing 2019 as a pivotal year for the company’s development and for its primary project – the Shymanivske Iron Ore Mine.

The Canadian iron ore exploration and development company is looking forward to the initiation of construction at the iron ore project in Ukraine. The ultra-high-grade iron ore mine is situated in the southern part of the KrivBass iron ore mining district. The region is highly developed, and it features all of the necessary infrastructure for sustainable, cost-effective iron ore production.

Black Iron plans to begin construction at the Shymanivske Iron Ore Mine in roughly one year. According to CEO Matt Simpson, discussions to secure the surface rights for the project and construction financing are well advanced.

In particular, Black Iron has signed a memorandum of understanding for the purpose of securing construction financing resources. The memorandum is between the company and a subsidiary of commodities giant Glencore plc (OTC: GLCNF) (OTC: GLNCY) (http://ibn.fm/cUWRe). As per the memorandum conditions, Glencore will make an investment in the Shymanivske project’s construction in exchange for securing the offtake of up to the full phase one planned annual production of four million tons.

Black Iron has reaffirmed the Shymanivske Project’s economic projections. The mine is to produce premium 68 percent iron pellet feed that is expected to sell at a significantly higher price than the benchmark iron ore value in the coming two to three years.

For more information, visit the company’s website at www.BlackIron.com

The technical and scientific contents of this article have been reviewed and approved by Matt Simpson, P.Eng., CEO of Black Iron, who is a Qualified Person as defined by NI 43-101.

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Increases Investor Liquidity Options with DTC Eligibility

  • PLUS recently announced DTC Eligibility for the U.S. Market
  • Company’s recent IPO raised C$20 million
  • Company plans to use proceeds to expand its operations in California

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) has just made it easier for investors to trade its securities. The company recently announced that its shares are now Depository Trust Company (DTC) eligible (http://ibn.fm/wER1v). DTC eligibility will allow Plus Products shares to be deposited into a DTC account, from which they can be transferred between brokers and transfer agents. Having an intermediary like DTC handling transfers ensures a high level of integrity and accuracy, since DTC acts as both custodian and clearing house. In addition, eligibility provides access to other DTC services, such as its FAST system and DWAC transactions. By making trading and transfers easier, DTC eligibility increases market liquidity, fulfilling an essential function of securities markets: access to and exit from investments. DTC, with over $35 trillion worth of securities on deposit, is the largest securities depository in the world.

This will likely be reassuring news for the many investors who took part in Plus Products’ recent public share offering. Late last year, the company successfully completed an initial public offering (IPO) of 6,153,847 subordinate voting shares at a price of C$3.25 per offered share for total gross proceeds of C$20 million (http://ibn.fm/Q6QCP). The offered shares were listed on the Canadian Securities Exchange (CSE) and have been trading since Monday, October 29, 2018, under ticker symbol ‘PLUS’. Plus Products intends to use the IPO proceeds to ramp up production capacity, further automate manufacturing processes, develop new products and boost working capital.

The outlook for Plus Products is as sunny as California, where it is based. With offices in San Mateo, the company manufactures and markets a unique branded line of cannabis-infused products, focusing on the production of delicious gummies with consistent quality to ensure dosability, which is especially important for maintaining optimum results when the products are used therapeutically. Gummies are chewable sweets or candies, and they’ve got a long pedigree. The first, a gelatin-based confectionery, appeared in England in the late nineteenth century with the name ‘Unclaimed Babies’. Today, they are marketed under the less lamentable label of ‘Jelly Babies’.

Now that recreational cannabis has been legalized in California – since January 2018 – the market is expected to grow by leaps and bounds. It is now the largest cannabis market in the world, with estimated retail sales, in 2018, of $3.4 billion. Sales of $5.0 billion are forecast for 2019, and the market may hit $7.7 billion by 2022. The PLUS product line presently includes five offerings: Refresh (70mg THC and 30mg CBD per tin), Restore (90mg THC and 10mg CBD per tin), Uplift (100mg THC per tin), CBD Relief (100mg CBD per tin) and Create (100mg THC per tin).

PLUS gummies have taken the market by storm. Since its launch in the spring of 2017, the brand has rapidly gained market share, rising to claim second place overall by Q2 2018. During that quarter, the company’s Sour Watermelon SKU was the best-selling gummy product in California. Revenues are growing in tandem. Unit sales amounted to 20,000 during Q2 2017, hitting 241,000 by Q2. As a result, dollar sales rose from $1,070,256 for the year ended December 31, 2017, to $2,450,335 for the year ended June 30, 2018, forging a trend that looks set to continue.

For more information, visit the company’s website at www.PlusProducts.com

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Bridges Financial Gaps, Helps Company Valuations Grow

  • Redfund is building an international footprint with established national leaders and pursuing opportunities in emerging markets
  • The company is funding new drug delivery systems and helping nutraceuticals gain mainstream adoption
  • Redfund is the first medical cannabis incubator and accelerator financing CBD and hemp companies through debt facilities
  • The company recently announced an agreement to fund CANNAKI BEVERAGE COMPANY Inc., a nano CBD flavored water company

Established as a global merchant bank, Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) aims to provide debt and equity funding to companies in the mid and later stages of development. This business strategy is a core component of Redfund as it seeks to establish the foundations of a loan portfolio that generates revenue with monthly interest income and that also grows value for shareholders (http://ibn.fm/heJMP).

Headquartered in Vancouver, British Columbia, Redfund reviews companies with revenues upward of $2 million or with a minimum of $1 million in the pipeline. Rather than start-ups and small businesses, Redfund pursues portfolio companies moving to the next stage of growth.

Redfund Capital specializes in debt and considers itself the first cannabis merchant bank debt facility, providing loans to companies in the space, namely in the medical cannabis, hemp and cannabidiol (CBD) sectors, as CEO Meris Kott detailed in a recent NetworkNewsAudio interview (http://ibn.fm/Rmgga). In an update on the first quarter, the company announced that it has extended funds to several cannabis companies (http://ibn.fm/9YAnH). In addition, Redfund recently announced that it has agreed to fund CANNAKI BEVERAGE COMPANY Inc., a nano CBD flavored water company (http://ibn.fm/ncAZh).

“We’re focusing mainly on brands and products, although in our portfolio we have some really interesting cutting-edge technologies,” Kott explained. Redfund is “first in a lot of areas,” she added, highlighting the company’s recent opening of First Euro Cannabis, Europe’s first accelerator and incubator in the medical cannabis space (http://ibn.fm/z2aac).

The Redfund loan portfolio consists of Winterlife, Mary’s Wellness, RxMM Health Care, Biominerales Pharma Colombia and Biolog Inc. Two of the companies in the Redfund portfolio are investigating the process for listing on a publicly traded exchange. By the end of the first quarter of 2019, these companies anticipate becoming stand-alone public entities. Redfund has another 11 projects currently open, reflecting significant progress for the new merchant bank with 16 companies in the pipeline at various stages.

“The Company vision is to have a portfolio of 20 companies with $75 million injected through loans deployed to companies who have commonalities of revenues, brand awareness, and a keen interest to go global with their products… We are looking forward to our portfolio companies being leaders in the public markets,” Kott said in a news release (http://ibn.fm/lqNKj).

For more information, visit the company’s website at www.RedfundCapital.com

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Key Strategic Appointments to Fuel Growth in 2019

  • The appointment of new CFO Nikhil Handa is expected to enhance the company’s growth strategy this year, as market demand intensifies
  • Supreme Cannabis has also announced the appointment of Kenneth R. McKinnon to its board of directors; McKinnon’s governance experience will strengthen the already robust board of directors
  • These strategic appointments occur as Supreme Cannabis is expanding its portfolio of businesses to include an equity investment and long-term global distribution partnership

As it continues to grow, The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is strengthening its managerial and leadership teams. In March 2019, Supreme Cannabis announced two key additions to its team – a new CFO and a new member of the company’s board of directors.

Nikhil Handa was announced as the company’s new chief financial officer on March 8, 2019. The company’s former CFO, Dimitre Naoumov, transitioned to the role of vice president of finance, according to a company press release (http://ibn.fm/OCobW).

Handa will be responsible for the stewardship of the Supreme Cannabis finance department, with an emphasis on capital allocation and planning. As the company focuses on enhancing the distribution of its premium cannabis products both locally and internationally, a novel financial management approach will be required.

Supreme Cannabis is expected to benefit from Nikhil Handa’s extensive experience. Handa was the VP of finance at Well.ca – a well-known online platform in the health, wellness, beauty and child care products niche. During his time at Well.ca, Handa provided leadership across various aspects of operations and also pushed forward key strategic initiatives. He was primarily responsible for the sale of Well.ca to McKesson Canada.

Over his lengthy career, Handa has held key financial positions in numerous organizations.

“Mr. Handa brings a wealth of transactional experience, strategic leadership and financial acumen to our management team and will provide complimentary experience to our already strong finance team,” Supreme Cannabis CEO Navdeep Dhaliwal said in a news release. “His addition will help ensure our Company is well-positioned to seize on available growth opportunities as we look to expand our portfolio of businesses throughout 2019.”

Supreme Cannabis has also appointed Kenneth R. McKinnon as a new independent director. The appointment of McKinnon is bound to strengthen the board of directors due to his substantial financial and business advisory experience (http://ibn.fm/Ahtjp). McKinnon is a partner at Citrus Capital Partners Ltd. He also serves on the board of Touchstone Exploration Inc. and Alvopetro Energy Ltd. Previously, McKinnon served as chairman of both Lightstream Resources Ltd. and Petrominerales Ltd. He was on the University of Calgary board of governors, and he also acted as a director of Alberta Innovates.

According to Dhaliwal, McKinnon brings a wealth of governance experience to the already strong and robust Supreme Cannabis board of directors. He stated in a news release that the addition will be of great value, as the company anticipates strategic growth in 2019.

“As the Company embarks on a period of tremendous growth and differentiation, I look forward to working with the management team to implement the best practices in corporate governance,” McKinnon added.

The Supreme Cannabis Company has been at the center of the cannabis industry in Canada since 2014. The company owns 7ACRES – a licensed cannabis producer operating a 440,000 sq. ft. facility in Ontario. 7ACRES focuses on the production of significant quantities of high quality cannabis, and its primary goal is to become Canada’s leading cultivation entity.

For more information, visit the company’s website at www.Supreme.ca

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Leads the Way in Sales and Safety

  • Co-founders share PLUS’s origins and future goals during television interview
  • Company released child-resistant, convenient, recyclable tins cans a year before state deadline
  • PLUS is working to expand its product line into cannabis-infused baked goods

The leading cannabis-edibles company in California, Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) continues to lead the way through thoughtful collaboration between experts and a constant focus on producing high-quality products. The company is dedicated to making cannabis edibles safe and approachable for the consumer.

A year ago, PLUS employees were working out of a makeshift clean room in a home garage making cannabis gum. Since then, the company has risen from number 12 in the largest cannabis-edibles market in the world to the top spot. PLUS has since relocated to a 12,000-square-foot, food-safe cannabis manufacturing facility in Adelanto, California, and it is now staffed with professional chemists and experienced food scientists. The company continues to widen the gap between itself and the competition, manufacturing three of the best-selling branded products in all product categories during Q4 2018.

Recently, PLUS co-founders Jake Heimark, CEO, and Justin Crunchington, CSO, were interviewed on Business Television (B-TV), where they shared the company’s origins, their passion behind the products and the unique responsibility they feel moving forward. Watch the full interview at http://ibn.fm/4gDeo.

“One of the hardest things to do really well when you manufacture cannabis products is to get the dosing exactly right every time,” Heimark stated in the interview. “If the product is too strong, people wind up on the couch and never want to try your product again. If the product is too weak, you don’t move at all. So getting the balance between the two is the most essential thing to the customer.”

Heimark noted that by watching long-term and short-term trends, products are created that resonate with consumers and keep them coming back for more.

As more states legalize cannabis products, PLUS is looking toward the future to identify how the company can continue to make great products for the global market in a more mature, responsible adult industry. PLUS plans to be a leader in helping others understand the benefits and the potential downsides of cannabis — and to do so responsibly.

Responsibility is a key component of the company’s values, and PLUS is leading the way in creating a safer, more responsible industry. One way in which the company is doing so is by introducing new child-resistant tins—a year before a state-mandated deadline (http://ibn.fm/qkcoN). The new tins are child-resistant, convenient and made of recyclable tinplate steel. The tins open with a press and twist, similar to a prescription medicine bottle.

In another forward move, Plus Products acquired GOOD CO-OP Inc., a California-based cannabis-infused baked goods brand, in December 2018 (http://ibn.fm/enjQ2). This acquisition will allow PLUS to expand its product line and solidify its market position. GOOD CO-OP comes with an established product line and has been featured in Vice Magazine, Fortune and Eater. The acquisition will accelerate the company’s entry into the baked edibles field, which accounts for nearly 13 percent of the cannabis-infused edibles space that is expected to become a $5.3 billion market in the next five years.

For more information, visit the company’s website at www.PlusProducts.com

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Developing Innovative Cannabis Products to Bolster Portfolio for Diverse Global Market

  • Promotion of Jason Broome to role of chief research and innovation officer is expected to bolster strategic research program targeting global markets
  • Flowr grows only premium cannabis using non-irradiated production methods that generate high crop yields at low operating costs
  • Global cannabis market expected to reach $154.82 billion in sales by 2026

Several strategic advancements recently announced by The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Canadian licensed producer of premium cannabis products, position the company to be a world leader in crafting high-quality cannabis that appeals to a growing worldwide consumer base for the legal cannabis recreational and medicinal markets.

Jason Broome, former senior vice president of operations, has been promoted to the role of chief research and innovation officer (“CRIO”) to lead the company’s innovative research and development efforts. Broome is tasked with developing new high-quality products and will focus on Flowr’s research into cultivars, form factors and delivery systems for the global markets. He will also oversee Flowr’s state-of-the-art R&D facility, which is part of a partnership with Hawthorne Canada, a subsidiary of The Scott’s Miracle-Gro Corporation (NYSE: SMG) (http://ibn.fm/CO9XJ).

“Flowr’s product innovation portfolio must meet the world-class standards of our cultivation,” Tom Flow, co-CEO of Flowr, said in a news release announcing Broome’s promotion (http://ibn.fm/7cFNd). “It’s an unusually demanding ask, but Jason’s expertise across all aspects of product development, from molecule to market, is unique and yet totally in keeping with Flowr’s high-performance, high-creativity culture.”

Flowr’s flagship facility, an approximately 85,000-square-foot campus on seven acres in Kelowna, British Columbia, is engineered to grow premium cannabis in rooms that meet pharmaceutical industry production standards for cleanliness. This, along with exacting protocols that produce high crop yields at low operating costs, enables Flowr to grow cannabis that meets Health Canada’s stringent standards while striving to avoid treating it with the taste- and smell-killing gamma irradiation that most other LP’s use to clean their product.

Canada opened up recreational cannabis to adult users in October 2018 and has since released new regulations governing cannabis-infused edibles and beverages, along with cannabis concentrates, which are set to be legalized in mid-October 2019. According to Stratistics MRC, the global cannabis market accounted for $10.39 billion in 2017 sales and is expected to reach $154.82 billion by 2026, growing at a compound annual growth rate of 35 percent during the forecast period (http://ibn.fm/WacxT).

In a career spanning more than 15 years, Broome has led the commercialization of major pharmaceutical brands; built, operated and sold several health care-related companies; and brought disruptive technologies and systems to market. Within the cannabis sector, he was co-founder of the first company licensed to cultivate and extract hemp in Kentucky and served as chief operating officer of a Colorado manufacturer of cannabidiol (CBD) oil. He holds a master’s degree in molecular genetics from the University of Ottawa.

Broome will work closely with Dr. Lyle Oberg, chief policy and medical officer of Flowr, and Dr. Deron Caplan, North America’s first cannabis cultivation Ph.D., along with celebrated Canadian chef Ryan Reed, who has been tasked with developing signature edible cannabis products for the Flowr brand (http://ibn.fm/XSBrG).

For more information, visit the company’s website at www.Flowr.ca

Marijuana Company of America Inc. (MCOA) Boosts hempSMART Brand Awareness with Promos

  • hempSMART brand promoted at events surrounding Super Bowl and Oscars 2019
  • hempSMART Brain has been granted a patent by the U.S. Patent and Trademark Office

Marijuana Company of America Inc. (OTCQB: MCOA) has been raising the flag for its flagship brand, hempSMART. The company ran promotions during the Super Bowl, as well as the Oscars events last month, with the goal of increasing the profile of the brand – recognition of which was already on the rise.

The hempSMART brand made appearances at multiple Super Bowl 2019 events, which included Ray Lewis’ Ray of Hope Foundation’s ‘Gold Jacket for a Purpose’ event and a special presentation at the Ice Box Club in Atlanta. The professional athletes, NFL coaches, actors, musicians and others who attended received samples of hempSMART-branded products, including hempSMART Brain and hempSMART Pain Cream. Attendees included Ray Lewis, Deion Sanders, Marshawn Lynch, Jon Stewart, Malcolm Jenkins, Von Miller, Eddie George, Adrian Peterson, Maroon 5 and the Backstreet Boys (http://ibn.fm/OEHph).

The company also promoted hempSMART products at multiple events involving celebrities that attended the 2019 Oscars. Attendees included Anthony Anderson, Craig Robinson, Emilio Rivera, Sam Rubin, Tara Reid, Viola Davis, Adrian Dev, Adina Porter, Donovan Carter, George Newbern and Travis Des Laurier. Those who attended the promotional event received a variety of CBD-infused products, including hempSMART Face, hempSMART Pain Cream and a bottle of hempSMART Full Spectrum Drops.

The U.S. Patent and Trademark Office has granted MCOA a patent for the formulation of hempSMART Brain, its flagship cannabidiol (CBD) product. hempSMART Brain is a wellness product formulated with a proprietary composition of natural ingredients and CBD for the support of brain function (http://ibn.fm/Swer5).

For more information, visit the company’s website at www.MarijuanaCompanyofAmerica.com

Esteemed Chef Ryan Reed to Develop Signature Edible Cannabis Products for The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF)

  • The signature gourmet edible cannabis products will be launched in the final quarter of 2019
  • Strategic hires as a part of research and development investment have been known to play a primary role in the growth of cannabis industry representatives
  • Flowr Corporation has also announced the engagement of strategic communications and advisory firm ICR as part of the company’s efforts to enhance investor relations and broaden corporate communication

Canadian chef Ryan Reed will be partnering up with The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) on the development of signature edible cannabis products. The Flowr Corporation announced that it would be hiring Reed on March 1, 2019. Hiring a renowned chef enhances the already significant investment that the company has made in research and product development, Flowr Co-CEO Tom Flow said in a company news release (http://ibn.fm/mE2ub).

Ryan Reed is an Iron Chef and Chopped winner. He won the ‘Victoria Chef of the Year’ award in 2011. As part of the collaboration with Flowr, Reed will work with the company’s research and development team to create new, high-quality cannabis edibles. The products are expected to target premium clients, a market that is in line with Flowr’s brand philosophy.

The unique gourmet products are expected to be launched in the final quarter of 2019, following the anticipated legalization of edibles and infused products throughout Canada.

“Bringing Ryan into the fold is the next step in a focused R&D strategy that has created a competitive advantage for Flowr and will keep us on the cutting edge of cannabis innovation,” Flowr chief policy and medical officer Dr. Lyle Oberg said in a news release.

According to Reed, a kitchen and a cultivation facility both need leaders with technical mastery to promote innovation. Working with Tom Flow and the Flowr team is expected to result in gourmet, sophisticated edibles that will cater to the needs of the premium market, Reed concluded.

Analytical reports suggest that an investment in research and development, including strategic hires, ranks among the factors that create the most value for cannabis companies. Flowr has fully embraced this philosophy, and the latest corporate developments stand as evidence of the company’s plans for strategic growth.

Apart from announcing the partnership with Reed, Flowr Corporation has also released information about the engagement of ICR for the purpose of enhancing the company’s investor relations.

ICR is a leading strategic communications and advisory firm. ICR’s financial media expertise and extensive knowledge in the cannabis sector are expected to improve Flowr’s communication with stakeholders and investors, Flow said. In addition, ICR will be tasked with broadening the financial community’s understanding of the differentiated Flowr business model, he underlined. Over the coming six months, ICR will provide comprehensive investor relations management and corporate communication services.

The Flowr Corporation is a Health Canada licensed producer of premium cannabis products. The company was co-founded by MedReleaf co-founder Tom Flow and a team of industry pioneers. The corporation’s purpose-built cultivation facilities rank among the most advanced in the industry, resulting in high crop yield for the creation of premium and ultra-premium cannabis products.

For more information, visit the company’s website at www.Flowr.ca

QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Calls for Updated Resource Report on Irgon Lithium Mine Project

  • QMC recently initiated a diamond drilling project as part of its exploration program
  • Results will be used to confirm and expand the Irgon Dike’s historic resource estimate
  • SGS Canada to prepare an NI 43-101-compliant report

QMC Quantum Minerals Corp.’s (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) onsite geologists have reported visual confirmation of considerable spodumene mineralization within the core samples obtained from the first phase of drilling. The core is currently being logged and sampled. Once the assay results have been received from sampling of the phase one core, the company expects to greatly expand the historical published resource (1.2 million tons grading 1.51 percent Li2O) that was calculated decades ago by Lithium Corporation of Canada, a previous owner of the southern Manitoba lithium mining project.

With phase one of the drill program initiated and primarily targeting the central section of the Irgon Dike, QMC has instructed its consultant, SGS Canada, to produce, using all current and historical data, an updated resource in compliance with current NI 43-101 standards.

At least eight of the phase one drill holes have been designed to confirm the grades and widths as documented by the historic drill results. This central area of the Irgon Dike is where the historic resource of more than a million tons of lithium oxide was calculated. This historical resource was calculated over a strike length of 365 meters (1,197.5 feet) and to a depth of only 213 meters (698.8 feet), according to a news release issued on February 27 (http://ibn.fm/GX6Kt). The four remaining holes will explore the area west of the central portion of the Irgon Dike in a section coined the ‘western extension’. Drill results from these holes are expected to complement previous surface sampling and confirm the continuity of the spodumene mineralization in this direction.

As QMC has done with previous sampling programs, the company will ask for an assay analysis that reports on 56 elements. As drill holes are completed, the cores are being removed daily to a secure, off-site location for logging, cutting and sampling.

The Irgon Lithium Mine Project exploration efforts are focused on the well mineralized Irgon Pegmatite Dike, which formerly hosted a developed mine site. The project is located in southern Manitoba within a well-known pegmatite region that hosts a significant number of rare-element-bearing pegmatite dikes, including the nearby Cabot Corporation Tantalum Mining Corporation of Canada (“TANCO”) rare-element pegmatite deposit. Pegmatite is a late-stage, igneous rock that may contain significant rare-element mineralization. This is the case with respect to the Irgon Dike; spodumene, a lithium-bearing mineral which is regarded as being the preferred source of lithium, has been identified in significant quantities.

Lithium remains an important lightweight metal that plays a key role in the lithium-ion batteries that power the modern generation of computerized electronics — from small, wearable devices to larger electric vehicle batteries and still larger electrical grid temporary energy storage units. Analysis by ResearchAndMarkets.com foresees a 16.2 percent CAGR propelling the lithium-ion battery market alone to $92.2 billion in capitalization by 2024.

As SGS Canada works on bringing the Irgon Dike resource estimate up to current NI 43-101 regulatory standards, QMC is preparing for the upcoming summer field season, which will define additional diamond drill exploration to test further targets known to exist on the property.

The company announced three months ago that industry standard mobile metal ion (“MMI”) geochemical soil surveying techniques employed by SGS Canada led to the identification of new, potentially mineralized locations at the Irgon Property. MMI geochemical soil anomalies defined by the SGS survey on the northern and southern sides of the Irgon Dike could indicate buried, parallel, lithium-bearing pegmatite occurrences that don’t have surface rock outcroppings or visible ground level spodumene mineralization, according to the company (http://ibn.fm/f4oad).

QMC is also negotiating with SGS to evaluate a large pegmatite sample derived from the Irgon Dike in order to determine the best lithium recovery strategy.

For more information, visit the company’s website at www.QMCMinerals.com

Earth Science Tech Inc. (ETST) Employs Consultant in Preparation for Proposed Dual Listing

  • Earth Science Tech has engaged Derek Lindsay as a consultant to ensure compliance as it pursues dual listing on the Canadian Securities Exchange
  • Lindsay’s areas of expertise include raising capital, strategically advising companies, cultivating investor relations and managing risk
  • Cross-listing to attract new investors and capital to the company

Earth Science Tech Inc. (OTCQB: ETST), an innovative biotechnology company operating in the fields of hemp cannabinoids, nutraceuticals, pharmaceuticals, medical devices and research and development, recently announced its employment of Derek Lindsay as a consultant in its pursuance of a potential dual listing of the company’s common shares on the Canadian Securities Exchange (CSE). This will be an addition to its current OTCQB listing.

Lindsay, who has helped both private and public companies in accelerating their growth, offers a diverse array of expertise areas. His knowledge (http://ibn.fm/vnSnM) includes “capital raising, strategic advice, investor relations, and risk management.” He discussed a dual listing’s ability to bring Earth Science Tech new investors and capital.

“Considering that ETST’s [research and development] division is based in Canada, cross-listing appears well-aligned with the corporate vision,” Lindsay said in a news release (http://ibn.fm/dmMAf). “Once this milestone is complete, ongoing efforts will be needed to monitor and ensure compliance, build shareholder value, and communicate with investors. I look forward to supporting the Company in these endeavors.”

Nickolas Tabraue, Earth Science Tech’s president and chairman, spoke to the effectiveness of Lindsay’s employment. “We believe Derek’s expertise makes him the perfect fit to ensure that we improve communication with our shareholders and progress on the CSE listing,” he noted. “I plan on sharing further updates as we advance this initiative.”

Earth Science Tech boasts a strong in-house team of industry experts in the fields of nutraceuticals, dietary supplements, and life sciences. Diversified, with a foothold in multiple markets, the company is passionate about making strategic partnerships and pursuing subsidiary acquisitions with the goal of becoming a world leader in the CBD sector. One such subsidiary, Canna Inno Laboratories Inc., is based out of Montreal, Canada, and provides Earth Science Tech with access to government grants. The company’s first grant has been already approved, strengthening its market presence in Canada’s recreational cannabis and CBD product industry.

For more information, visit the company’s website at www.EarthScienceTech.com

From Our Blog

SuperCom Ltd. (NASDAQ: SPCB) CEO Presents Key Milestones and Strategic Initiatives at Investor Summit Virtual

September 17, 2025

SuperCom (NASDAQ: SPCB), a global provider of secured e-Government, IoT, and cybersecurity solutions, participated in the Q3 Investor Summit Virtual on September 16, 2025. President and CEO Ordan Trabelsi outlined the company’s recent milestones and strategic direction to an audience of small- and microcap investors (https://ibn.fm/3xi08). The Investor Summit is an exclusive virtual event for […]

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