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With $1M Private Placement, Marifil Mines Ltd. (TSX.V: MFM) (OTCQB: MFMLF) Continues to Focus on San Roque Gold Exploration Project

  • Ten million units consisting of common shares and share purchase warrants are being offered at a price of $0.10 per unit
  • Results from San Roque gold exploration project’s latest core drilling and sampling program  found more good mineralization
  • Company plans to expand drilling program to other zones in San Roque, where important new mineralization has been discovered by trenching

Marifil Mines Ltd. (TSX.V: MFM) (OTCQB: MFMLF), a Canadian junior exploration company dedicated to acquiring resource-rich properties in Argentina, continues to focus its efforts on gold exploration activities at its San Roque property in the South American country, after positive results of the latest diamond core drilling program expanded areas of known mineralization. In its current phase of operations, the company is preparing a new surface exploration program of geologic mapping, soil and rock chip sampling, and mechanized trenching aimed at refining drilling targets for testing new and exciting zones of recently discovered mineralization.

The company recently announced a financing initiative aimed at generating a cumulative amount of $1 million. The company said that it arranged a non-brokered private placement financing of up to 10 million units at a price of $0.10 per unit. Each unit consists of one common share and one share purchase warrant, which entitles the holder to purchase an additional share at a price of $0.15 each over a two-year period from the close of the financing.

All of the securities to be issued are going to be subject to a hold period that’s bound to expire four months from the day after the closing of the financing. Several conditions will apply to the financing, including the receipt of all regulatory approvals, such as approval of the TSX Venture Exchange, Marifil Mines announced in a recent press release (http://ibn.fm/0bgEU).

Earlier this year, the company closed another private placement of 20 million units at a price of $0.10 per unit, leading to gross proceeds of $2 million. The funds were used for acquisitions, another round of drilling on the San Roque property and general working capital.

Located near the Atlantic coast in the Province of Rio Negro, Argentina, San Roque is held by Minas San Roque S.A., which is jointly owned by Marifil’s wholly owned subsidiary, Marifil Mines S.A. (51 percent), and NovaGold Resources Inc.’s (TSX: NG) wholly owned subsidiary, NovaGold Argentina Inc. (49 percent). Marifil Mines is the project operator and has so far invested about $8 million in assessing the expansive precious and base metals property.

Promising results from the latest core-sampling campaign at San Roque were announced on September 11. Four HQ-size core holes totaling 846 meters (2,776 feet) were completed. One of the holes returned a 19.8 meter (64.96 feet) intersection of 1.86 g/t Au near the surface, adding substantially to the extent of a gold mineralized area known as Zone 34, which the company believes to hold potential for discovery of a heap leachable gold deposit. In another location more than a kilometer away on Zone 33, a drill hole hit a composited intersection of 83 meters (272.31 feet) at 0.50 g/t Au, which also contains significant lead and zinc sulfide mineralization.

San Roque is an advanced stage exploration property with 112 drill holes totaling 16,683 meters (54,734 feet). Each one of the holes intercepted some degree of mineralization, which is indicative of a widespread system of mineralization. Some of the holes are below the grade cut-off level, as presented by the company. In some instances, mineralization starts at the surface and continues to the bottom of the hole.

There are large areas of mineralization in six different zones scattered across four square kilometers of the San Roque property. Drilling has partially investigated four of these with encouraging results, and all remain open to expansion with continued drilling. The company plans to expand its exploration drilling program to include the two remaining untested zones.

In addition to the San Roque property, the company currently holds mining claims to 15,250 hectares (37,700 acres) of land in the Argentine Puna, within the famed ‘Lithium Triangle’, where it has revived its lithium exploration program, which was halted in 2009. The company also owns the Las Aguilas property in central Argentina, which is currently the country’s largest known nickel/cobalt property.

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

Zenergy Brands, Inc. (ZNGY) Offers Ease and Cost-Effectiveness in Bid to Help Businesses and Residences Reduce Carbon Footprint

  • Growing global market of governments and businesses conscientiously working toward energy efficiency goals with 2020 deadline
  • Increasing concerns about climate change driving efforts to reduce pollutants, unnecessary utility usage
  • Zenergy’s flagship Zero Cost Program, together with its recently acquired Texas retail electric provider, helping customers reduce carbon footprint through MESA contract

Next-generation energy utility Zenergy Brands, Inc. (OTC: ZNGY) is helping its corporate and residential customers upgrade older equipment and establish energy efficiency standards as part of the company’s loftier aim to make a difference against life-harming climate change.

Zenergy’s flagship Zero Cost Program uses a typical Managed Energy Services Agreement (MESA) to provide environment-friendly solutions for water, gas and energy consumption, offering its business and municipal clients a promise to reduce their carbon footprint and a contract in which Zenergy handles upfront costs associated with the necessary equipment. The customers pay a downward scaling part of their utility expense savings to Zenergy over the term of the agreement, projected at a five-year minimum for Zenergy.

For years, the European Union has been employing a strategy to improve its energy efficiency by 20 percent before 2020 under a binding Energy Efficiency Directive (http://ibn.fm/Pj8Wr). Many U.S. corporations have similarly set energy efficiency targets for themselves to reach by 2020 (http://ibn.fm/q2Il2) in keeping with the spirit of the so-called Paris Agreement that garnered multi-national support for limiting global climate change and rising temperatures worldwide (http://ibn.fm/418Dx).

Scientists have studied climate change, or the long-term consequences to weather patterns worldwide as a result of global surface temperature changes, out of concern for the impact on human, animal and plant life produced by those temperature changes. Climate change causes a change in the rate of polar ice sheet formation and melt-off, as well as a resultant rise in coastal sea levels, which has been blamed recently for adverse impacts on real estate (http://ibn.fm/z6xn5). An increasing severity or frequency of extreme weather conditions, such as hurricanes, typhoons, droughts and heat waves, is similarly believed to be a result of the changing planetary temperature (http://ibn.fm/voERP).

Scientists have attributed much of the planetary temperature change to human activity — particularly pollutants from burned fossil fuels. Resultant rising concentrations of greenhouse gases such as carbon diode, methane, nitrous oxide and fluorocarbons have been measured at a significant rate of change over the course of the past century (http://ibn.fm/2y3c6).

Zenergy’s efforts to help its customers reduce their carbon footprint don’t only apply to automatically turning off light bulbs or lowering a thermostat when a room isn’t in use. In addition to its commitment to reducing demand on the nation’s electrical and natural gas energy supply, the company focuses on reducing the impact on the nation’s water supply as well. In the process, Zenergy aims to help its customers strengthen their bottom lines and improve enterprise value.

Also, of course, Zenergy aims to boost its own value for investors. In July, the company announced a seven-year agreement with BitPlus, Ltd. to gain a competitive advantage in the bitcoin mining industry (http://ibn.fm/MZMs2), and, on October 1 the company announced the rebranding of a Texas retail electric provider (REP) that it acquired earlier this year to provide “virtual utility” services.

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

Net Element, Inc. (NASDAQ: NETE) Payments Platform Poised for Performance as Bank Card Use in Russia Rises

  • Russian ecommerce still 80 percent reliant on cash
  • Net Element’s “PayOnline” payments platform to cash in on trend toward non-cash
  • Strategic partnerships pave entry to Russian mobile and online payments market

In Russia, cash on delivery is not just a way to pay for takeout; it’s how over 80 percent of online purchases are remunerated, according to Ecommerce News Europe (http://ibn.fm/KXdrv). However, that is changing fast. In 2017, “financial cards and payments performed positively in Russia”, says Euromonitor International (http://ibn.fm/vglew). Russian consumers are changing their purchasing habits, it seems, as financial literacy and cashless payment solutions, like those offered by Net Element, Inc. (NASDAQ: NETE), come to market. A recent report from Zacks notes, “Net Element is a growth company in the payments industry that should benefit from the adoption of mobile and online payments in the U.S., Russia and Eastern Europe.” In fact, Net Element is the only U.S. company listed on the Nasdaq that stands to benefit from the Russian electronic payments expansion.

Russian consumers are a cautious lot, paying only for goods when they are received. Merchants display an equal degree of circumspection; they typically prefer cash-on-delivery (COD). COD in America was widely employed during the heyday of mail order commerce but has since been superseded by debit cards, credit cards and web-based payment systems. In other countries, COD is still an option. In the Middle East, around 60 percent of online transactions are completed by COD, prompting one commentator to lament (http://ibn.fm/glxox), “Cash on delivery is the biggest challenge for e-commerce players in the region. There are high return rates, a big lag time between order and payment and the need for delivery people to carry cash is a major risk.” The same challenges beset ecommerce in Russia. However, a payment platform like the one developed by Net Element is catalyzing consumer acceptance of non-cash payment.

The potential of this emerging market is not to be underestimated. Citing a recent report from Morgan Stanley, this column discloses that in the five-year period from 2018-2023, the Russian e-commerce market will grow by more than two-and-a-half times – to 3.491 trillion rubles ($53.15 billion) – from 1.292 trillion rubles ($19.67 billion) in 2018. In 2017, “the Association of E-commerce Companies (ACIT) estimated the volume at 1.04 trillion rubles ($15.83 billion).”

Net Element is on it. In 2017, the company’s PayOnline subsidiary launched Apple Pay support in Russia (http://ibn.fm/vZqHy). The global number of Apple Pay users is growing at a rate of over one million per week, while transaction volumes are up 500 percent over the last year. Since launching in Russia on October 4, 2016, the number of Apple Pay users in the country has increased to an estimated 200,000 and continues to grow. As a fully integrated electronic commerce platform, PayOnline is at the forefront of the payments industry in the region and poised for expansion into Russia. It is well positioned to capitalize on this developing trend by enabling and supporting mobile and e-commerce merchants to accept Apple Pay.

PayOnline is also collaborating with Bank Sputnik to offer a comprehensive multi-channel payment facilitator solution for SMB merchants in the Russian Federation (http://ibn.fm/xluMR). This unique solution offers a set of tools not available from any other transaction processing company in the region and expands PayOnline’s offerings beyond electronic commerce. Under the exclusive partnership, Bank Sputnik will offer a fully compliant legal framework and bank sponsorship to enable PayOnline to process transactions as a payment facilitator. By provisioning a single, master merchant ID, PayOnline ensures that merchants and their clients benefit from an automated, real-time and seamless onboarding experience. The API-driven platform simplifies merchant account enrollment. A sub-merchant can be enrolled, approved, boarded and processing payments in a few minutes.

Net Element offers a broad range of payment acceptance and processing services that enable merchants of all sizes to accept and process over 100 different payment options in more than 120 currencies, including credit, debit, prepaid and alternative payments. The company also provides merchants with value-added services and technologies, including integrated payment technologies, POS solutions, security solutions, fraud management, information solutions and analytical tools.

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

American Premium Water Corp.’s (HIPH) Agreement with SinglePoint, Inc. (SING) Seen as Pillar of HIPH’s E-Commerce Distribution Strategy

  • Ryan Fishoff, CEO of HIPH, believes that this distribution channel could result in revenue of more than $1 million over the agreement’s life, while also raising awareness for HIPH
  • Agreement calls for HIPH subsidiary LALPINA Hydro CBD to distribute CBD beverages to two of SING’s e-commerce channels, SingleSeed.com and DIGSHydro.com
  • LALPINA Hydro CBD will be the first hydro-nano beverage to be sold on both sites; its hydro-nano technology offers consumers up to 90 percent higher absorption rates than traditional CBD water

American Premium Water Corp. (OTC: HIPH) has signed a distribution agreement for its subsidiary, LALPINA Hydro CBD, to sell its beverages to two SinglePoint, Inc. (OTCQB: SING) e-commerce channels, SingleSeed.com and DIGSHydro.com (http://ibn.fm/mxKFy). HIPH will drop ship product to the customers.

HIPH hopes that the agreement will raise the awareness level of LALPINA Hydro CBD to a wider audience and also be a forerunner of future e-commerce collaborations. It is the first hydro-nano beverage available on each of the sites.

HIPH, based in Playa Vista, California, is a publicly traded holding company that owns a portfolio of subsidiaries, including LALPINA Hydra, Gents, Worthy and FashionCoinX. SING is a technology and investment company with a portfolio that includes mobile payments, blockchain solutions and ancillary cannabis services.

In a news release, Fishoff of HIPH said, “These e-commerce arrangements are going to be a pillar of our e-commerce distribution strategy. Third-party sites will not only drive additional impressions for the LILPINA brand, it will also drive awareness of the Company to a wider audience. I think this distribution channel could bring in excess of a million of revenue over the life of the agreement.”

Hydro-nano technology mixes hydro and encapsulates the CBD with nano technology. LALPINA turns the CBD molecule into a water-soluble compound. That maximizes its bioavailability and delivery to the body’s cells and tissues, permitting consumers to have up to 90 percent higher absorption rates than with traditional CBD water.

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

First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Notes Initial Resource Estimates at Iron Creek Project ‘Exceed Expectations’

  • Results showed inferred mineral resources of 29.6 million tons grading 0.11 percent cobalt equivalent (0.08 percent cobalt and 0.30 percent copper) under a base case scenario pit constrained and deeper mineral resource
  • Initial resource estimate reports 45 million pounds of cobalt and 175 million pounds of copper for 62.9 million pounds of cobalt equivalent on Iron Creek site
  • Independent geologic and engineering consultant firm Mine Development Associates prepared resource estimate, concluding that Iron Creek cobalt and copper project is “of merit, requiring further exploration”
  • Global demand for cobalt, a key material used in batteries for electric vehicles, smartphones and other battery-operated devices, increased 13.5 percent per year between 2010 and 2017 and is expected to grow at 14.5 percent per year to 2027

In what appears to be an insatiable global demand for electric and hybrid vehicles utilizing rechargeable batteries – spurred on by governmental policies encouraging or requiring the adoption of cleaner, green vehicles – concerns about cobalt supply shortages in the not-too-distant future are being raised by several industry analysts. In its Cobalt Global Industry, Markets & Outlook 2018 report, metals/minerals research firm Roskill Interactive notes that demand for the metal has surged, leading prices to rise to their highest levels in 10 years at over $90,000/t in the first half of 2018 on the London Metals Exchange (http://ibn.fm/Ax99A).

As a key ingredient in lithium-ion batteries, now widely used in EVs and electronic devices, the need for cobalt increased at a rate of 13.5 percent per year between 2010-2017 and is expected to grow at a faster rate of 14.5 percent per year to 2027, a FinancialBuzz.com news commentary states in a review of the industry and several key players, including First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) (ASX: FCC) (http://ibn.fm/DmdYn). Cobalt provides high energy density and thermal stability in a battery, an essential element for electrical products such as EVs, cell phones, notebook PCs and other battery-powered devices.

First Cobalt, a vertically integrated North American pure-play cobalt company, recently announced that it owns 100 percent of its Iron Creek property located in Idaho and has eliminated the outstanding royalty. The company earlier retained Mine Development Associates (“MDA”) to prepare a resource estimate for the Iron Creek cobalt and copper project, posting “very encouraging” results from its first NI 43-101 Mineral Resource Estimate in a September 26, 2018, news release (http://ibn.fm/s1tMc).

“The initial resource estimate and the pace of progress at Iron Creek have exceeded our expectations,” First Cobalt president and CEO Trent Mell stated in the release. “We have delineated a sizeable primary cobalt deposit on patented property and mineralization continues to expand to the east, west and at depth. The mineralogy is simple and initial metallurgical test work is very encouraging with high metal recoveries. Cobalt is associated with pyrite rather than minerals containing arsenic, which may offer processing and offtake advantages… This initial Inferred Resource estimate is an important step forward to a potential source of ethical cobalt in America.”

Supply chain issues hinder the growth of many markets, but end users of cobalt have a unique concern if the material is sourced from the Democratic Republic of the Congo (DRC), a politically unstable nation that produces up to 67 percent of the world’s cobalt. The DRC employs questionable business practices and is known to utilize child labor, an article in SemiEngineering.com states (http://ibn.fm/t45uP).

“Cobalt demand is increasing and there are concerns about the availability of future mine supply,” Jack Bedder, an analyst at Roskill, stated in the article. “There are real child labor issues in the DRC, and thus responsible end users want to procure ethically sourced material.”

Drilling is now underway at Iron Creek to test the mineralization strike length from 450 meters to over 900 meters, while also systematically testing depth extensions to over 300 meters to support an updated resource estimate in early 2019. Mell had previously identified (http://ibn.fm/vCbiK) the Idaho site as “one of the most prospective and advanced projects in North America.”

First Cobalt Corp., with headquarters in Canada, is a vertically integrated North American pure-play cobalt company. First Cobalt has three significant North American assets: the Iron Creek Project in Idaho; the Canadian Cobalt Camp, with more than 50 past producing mines; and the only permitted cobalt refinery in North America capable of producing battery materials.

For more information, visit the company’s website at http://ibn.fm/FTSSF

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Plans to Grow its Global Patent Application Portfolio to 150-200 within Two Years

  • LXRP files for tenth patent family, expanding the applicability of its DehydraTECH platform relating to tobacco leaves delivering compounds that may or may not include nicotine
  • LXRP receives three new Australian patents and two new notices of allowance from the U.S.; if all are issued, LXRP would then hold 12 issued patents within its first patent family
  • The company out-licenses its technology that promotes healthier and faster ingestion methods in any country where it already has a patent or is patent-pending

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), which owns the patented DehydraTECH ingestion technology platform, is building its strategic intellectual property (IP) portfolio and plans to grow its patent applications to 150-200 worldwide within two years (http://ibn.fm/SP9LI).

It has filed a provisional application in a tenth patent family relating to the applicability of DehydraTECH’s imparting benefits to tobacco leaves to deliver compounds that may or may not include nicotine. That patent family is “Lipophilic Active Agent Infused Tobacco Leaves and/or Tobacco Materials and Methods of Use Thereof.”

Based in British Columbia, Canada, LXRP is a biotechnology company that has developed technology that has shown quicker and more effective delivery of cannabinoids and nicotine. Its IP portfolio already includes a patent for oral delivery of all cannabinoids.

DehydraTECH is its proprietary absorption technology platform. LXRP has now filed a total of more than 50 patent applications across nine current patent families. It is preparing applications for at least six more patents that will each form the basis for a separate patent family. It expects to file them before the end of this year, giving it management over a total of 16 patent families.

It has received three more patents in Australia and two notices of allowance by the U.S. Patent & Trademark Office (USPTO). LXRP expects to receive corresponding patents in the U.S. prior to year-end 2018 and also expects two more new patents in Australia to be received prior to year-end (http://ibn.fm/vsumb).

If all are issued, LXRP would then hold 12 issued patents within its first patent family, “Food and Beverage Compositions Infused With Lipophilic Active Agents and Methods of Use Thereof.” It would strengthen LXRP’s IP claims in both countries. All new Australian patents are projected to expire on June 10, 2035, it said.

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

DeepMarkit Corp. (TSX.V: MKT) (OTCQB: MKTDF) Creates Customizable Campaigns That Engage Audiences

  • Attracts and grows customer base while generating leads from online data collection, leading to an increase in sales
  • Utilizes the expertise of e-commerce and marketing professionals working with game developers and software engineers
  • Launched in March 2018 as a free download on all major e-commerce platforms, plans in place for new product launches now through February 2019

Traditional mass media channels are becoming less appealing for companies to spend their marketing budgets on as audiences are daily increasing their ability to optimize the content they see. Social media platforms are constantly updating algorithms and changing the rules by which businesses engage with customers. So where does this leave today’s forward-thinking marketing team?

DeepMarkit Corp. (TSX.V: MKT) (OTCQB: MKTDF) is working to help businesses engage consumers and other audiences with gamification. Gamification combines game-like features with a non-game platform. Customizable campaigns using branded games attract and grow customer bases, generate leads from data collected through the game and, ultimately, leads to an increase in sales.

The company is utilizing the expertise of e-commerce and marketing professionals working with game developers and software engineers to deliver a unique, game-based marketing platform for businesses. The power of games lies not just in entertainment but as a tool for business. The DeepMarkit team works to create innovative ways through which its clients can use games for their business purposes. This can include customer leads, product promotion, brand awareness or customer loyalty. The gamification process provides an affordable way for DeepMarkit’s clients to stand out from the rest of the crowd.

P&S Market Research (http://ibn.fm/hROFF) estimates that the global gamification market will exceed $22 billion by 2022. This growth is in part due to an exponential growth in smartphones and mobile devices, a growing passion for gaming in developing regions and new opportunities like those offered by MKTDF for companies to utilize gamification in their marketing strategies.

The company’s market is international, and its ambitions are global. In June 2017, the company’s proprietary promotions platform “Gamify” attracted a $1.5 million investment from Allstate Enterprise Consulting Ltd. in Hong Kong. This investment gave Allstate a 10 percent stake in DeepMarkit and an opportunity to bring the Gamify platform to the growing Asian gaming market through Allstate’s network of over 15,000 agents.

Gamify was launched in March 2018 and is currently available as a free download on all major e-commerce platforms, including Shopify, Big Commerce and WooCommerce, as well as a plugin for WordPress. Plans are in the works to upgrade the current version to a paid slide out app this month, followed by a survey product launch by the end of the year. Next year, the role out of an in-store product launch is scheduled for February 2019.

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

Zenergy Brands, Inc. (ZNGY) Announces New Subsidiary Name Change amid Smart Utility Rebranding Drive

  • Zenergy’s acquisition of REP leads to roll out of Zenergy Power & Gas utility
  • Company specializes in next-generation utilities-saving measures to improve environmental sustainability
  • An increasing number of business and residential energy consumers are turning to smart technology to manage utilities, boosting service and product market

Next-generation energy utility Zenergy Brands, Inc. (OTC: ZNGY) amped up its suite of smart energy services when it completed the acquisition of Texas retail electric provider (REP) Enertrade Electric LLC last spring. Zenergy has now announced the next step in turning its subsidiary toward the company’s overall mission of delivering retail electricity and natural gas, as well as energy conservation and efficiency services, to its residential and corporate customers.

Enertrade Electric, doing business as Shyne Energy in its service to electric utility customers throughout the state of Texas, will now be known as Zenergy Power & Gas, Inc. following an amended listing with the state’s Public Utility Commission (http://ibn.fm/YCJom). The rebranding effort moves the “virtual utility” to a plane where the utility services and Zenergy’s stable of smart control products can work together to establish the company as a market leader in creating an earth-friendly and customer cost-efficient power system.

“I am excited about the rollout of our REP because I am convinced that this convergence of our retail energy services and our smart home controls into one offering gives us a strategic advantage in the industry,” Zenergy Senior Vice President of Operations Chris Crabtree stated in the news release announcing the change. “In my almost two decades in the industry building and managing REP operations, this is by far the most unique value proposition I have encountered.”

“Our newfound ability to cross-sell and up-sell our smart home controls and systems with our retail energy products and services allows for a whole new avenue of marketing possibilities,” added Grant Magers, president of Zenergy’s Home Services Division.

Zenergy’s flagship Zero Cost Program offers transparent solutions for water, gas and energy conservation and sustainable use to commercial, industrial and municipal end-use customers.

Zero Cost provides for the upgrading of older, inefficient equipment and assets at no upfront expense. The program is operated under the standard terms of a Managed Energy Services Agreement (MESA) in which Zenergy assumes the obligations related to the energy-efficient measures and the customer contracts to pay a downward scaling portion of the saved utility expenses to Zenergy over the term of the agreement. The program’s competitive appeal to businesses is in that it offer to reduce customers’ utility consumption anywhere from 20 to 60 percent through those products and services.

The term of the contracts is expected to be for a minimum of five years. In July, Zenergy announced that it had inked a seven-year agreement with U.S.-based bitcoin mining operation BitPlus, Ltd., a blockchain-oriented company using an innovative energy sourcing strategy to gain a competitive advantage in the bitcoin mining industry (http://ibn.fm/pyAg9).

Analysts at PwC and Statista report that commercial building owners are turning to smart energy systems to help them meet 2020 goals for energy efficiency (http://ibn.fm/KnOw4), and residential consumers are incorporating smart-function technology to manage their home usage at an increasing rate, with 53.1 percent adoption anticipated by 2022 (http://ibn.fm/tJIXI).

“The closing on the Enertrade REP Acquisition is a major milestone for Zenergy because we believe that the combination of the REP and Zero Cost services offered as a commercial package may create a very strong, low churn, highly valuable book of business,” Zenergy Chairman Byron Young added (http://ibn.fm/kH7HR).

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

PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Partners with Asterion Cannabis to Develop Organic Cannabinoid Products

  • PreveCeutical Medical Inc. enters into a joint venture agreement with Asterion Cannabis Inc. to develop several nature-based cannabinoid products; the products will help the company respond to the demands for personalized and effective cannabis therapies
  • The development agreement will see Asterion inject funds at cost, while PreveCeutical will contribute by way of opening its research resources, including personnel for use in the project
  • The percentage ownership of intellectual and product rights from the agreement will be shared between Asterion and PreveCeutical in the ratio of 80 percent to 20 percent
  • Since the agreement involves related parties including current and former directors at PreveCeutical and executive officers, it is categorized under Multilateral Instrument 61-101 as a related party transaction

PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) signed a development agreement with Asterion to enter into a joint venture that will see the two companies develop several medicinal cannabinoid products. The products will comprise high quality transdermal patches, sublingual tablets and others that the companies will jointly evaluate.

According to the CEOs of both companies, Stephen Van Deventer of PreveCeutical and Paget Hargreaves of Asterion, the joint venture will help them advance their missions and goals. The two firms are focused on improving health care and quality of life through science and technology enhancements in natural products.

Into the joint venture, Asterion brings high-quality yet low-cost strains of medicinal cannabis. On its part, PreveCeutical will leverage this to come up with products to meet the demand for personalized and effective cannabis-based therapies.

The ailments that these high-quality cannabis products target include chronic pain, epilepsy, inflammation and anxiety disorders, among others. The agreement also clearly states the terms of reference between the two companies, including the aspects of patent ownership and revenue distribution (http://ibn.fm/6YvZR).

Funding for the project will be provided in whole by Asterion at an agreed-upon cost, as and when it is needed. PreveCeutical will facilitate research and provide other resources for use in furtherance of the joint venture initiatives.

Intellectual property and products rights arising within the term of the development agreement will be partly owned by Asterion and PreveCeutical in the ratio of 80 percent to 20 percent, respectively. The joint venture will be in effect for the two years and renewable thereafter for another two-year term.

Revenue or proceeds from the sale of the resulting products and intellectual rights will be shared in the same ratio as the intellectual property ownership, 80 percent to Asterion versus 20 percent to PreveCeutical.

According to Multilateral Instrument 61-101, the development agreement is a related party transaction, since, at the time PreveCeutical was signing it, directors, some of whom are now former directors, as well as the company’s executive officers, were party to it.

PreveCeutical is a health sciences company based in Vancouver, Canada. It utilizes natural and nature identical products to develop innovative options for both preventive and curative therapies. Currently, the company has a total of five research and development programs. One of the notable programs is the Sol-gel drug delivery program.

Sol-gel is administered through the nasal passages, and, once it comes into contact with the mucosal tissue, it gels rapidly, thus paving way for direct delivery from the nose to the brain. This mode of delivery is effective and greatly improves bioavailability, because it bypasses the stomach and intestines.

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

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Names Seymour to Advisory Board; Updates Spin-Off Transaction

  • TGOD cited by The Motley Fool for its alternative products, particularly its focus on cannabis-infused beverages and its possible role as a partner for a brand name producer
  • The company also named high profile American investor and TV personality Tim Seymour to its advisory board; it says Seymour will offer advice on global finance strategies
  • TGOD updated its transaction regarding the spinoff of its wholly owned subsidiary, TGOD Acquisition Corporation (“SpinCo”), and announced a private placement of up to $10 million

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) has attained a higher profile by adding well known investor and TV strategist Tim Seymour to its advisory board. TGOD was also highlighted by site The Motley Fool for its focus on alternative products. TGOD also described a private placement that would have gross receipts of up to $10 million.

Tim Seymour is a well-known television personality with more than 22 years as a capital markets professional. He appears on CNBC’s “Fast Money” and is seen as “invaluable” to the TGOD as it builds its organic cannabis brand, according to CEO Brian Athaide (http://ibn.fm/CwH7Y).

TGOD also announced a private placement that would generate up to $10 million in gross receipts in connection with its spinoff of its SpinCo subsidiary. The non-brokered private placement would offer up to 20 million subscription receipts at a price of $0.50 apiece (http://ibn.fm/9LKck). The transaction is subject to regulatory and court approval.

The Motley Fool website highlighted TGOD as one of five emerging growers in the Canadian cannabis industry (http://ibn.fm/evWWD). It also conjectured about TGOD’s role as a possible future partner in the beverage industry:

“The Green Organic Dutchman, which was one of the largest pot-based initial public offerings ever earlier this year, is currently expected to be the fourth-largest producer when at peak capacity. Management has suggested that the company can deliver 195,000 kilograms per year. But it’s not gross yield that allows The Green Organic Dutchman to stand out. Instead, it’s the company’s focus on alternative products.”

“Amid a flurry of press releases in June, TGOD, as the company is also known, announced that it was going to construct a 287,245-square-foot facility on its 72.4-acre Valleyfield property that would be devoted to beverage and edible production. TGOD’s focus on cannabis-infused beverages is of particular interest given how eager beverage companies have been to spark their own growth by entering the marijuana space. In August, Molson Coors Brewing formed a joint venture with HEXO Corp., while Constellation Brands announced a $3.8 billion equity investment into Canopy Growth. It’s clear that brand-name beverage companies have interest in partnering with the cannabis industry, and TGOD could be a logical partner with its foray into beverages.”

“As noted above, be aware that TGOD’s beverage and edible production will be at the mercy of Parliament and its ability to expand what consumables are legal.”

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

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