On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.
Stocks To Buy Now Blog

All posts by Christopher

Emblem Corp. (TSX.V: EMC) (OTC: EMMBF) Enters Agreement for Sustained Release Cannabinoid Formulation

  • Companies collaborating on development of patent-pending sustained release oral cannabinoid formulation
  • Formulation doubles or triples time period in which cannabinoid doses maintain their therapeutic effects
  • Formulation enables better regulation of dosing schedules and improvement of patient compliance

Emblem Corp. (TSX.V: EMC) (OTC: EMMBF), a company licensed to cultivate and sell medical marijuana in Canada under the Access to Cannabis for Medical Purposes Regulations, has entered into a collaboration and licensing agreement with Canntab Therapeutics Limited to collaborate on the preclinical formulation, clinical development, regulatory approval, manufacturing and commercialization of Canntab’s patent-pending oral sustained release formulation for cannabinoids.

Through this agreement, Emblem gains the exclusive right to Canntab’s patents and expertise in Canada to develop, commercialize, use, sell and offer the sustained release product, which will be sold under the Emblem brand. The license does not grant Emblem the right to import or export the product.

Emblem or Canntab will manufacture the product, once Canntab obtains the necessary licensing for such manufacture.

As stipulated in the agreement, Emblem will make payments to Canntab once certain milestones have been achieved relative to stability studies, bioavailability studies and regulatory approval of the product. Further, the agreement states that Emblem will make royalty payments to Canntab based on gross product sales.

In addition, the two companies plan to collaborate on the preclinical formulation, clinical development, regulatory approval and commercialization of various additional pharmaceutical formulations containing cannabinoids.

Considerable evidence exists showing the efficacy of cannabinoids in treating a variety of conditions, such as chronic pain, anxiety, nausea, sleep disorders and spasticity in multiple sclerosis patients. The majority of conventional immediate release dosage forms, like capsules and tablets, release an active drug component immediately following oral administration. In formulating conventional drug products, there is no deliberate effort to alter the drug release rate.

In sustained release dosage forms, active pharmaceutical ingredients are released at a predetermined rate, so constant drug concentration can be maintained over a specific time period. This results in a single dose having greater duration of action and, frequently, a reduction of side effects. The end goal is typically to improve the therapeutic outcome and/or enhance patient compliance.

In the case of cannabinoids, the therapeutic effects of immediate release dosage forms often diminish within four to six hours, which necessitates re-administering the dosage and risks a reduction in patient compliance. Canntab’s sustained release product, however, has been designed to release cannabinoid content over at least a 12-hour period.

Considerable evidence shows the effectiveness of cannabis in treating conditions like neuropathic pain, which has been estimated to affect more than two million Canadians. The pharmaceutical market for addressing these patients’ needs was approximately $500 million in 2016. Sustained release formulations of pharmaceutical products to treat chronic conditions—conditions necessitating 24-hour relief for patients—is of especial value.

For pharmaceutical ingredients that are typically short-acting, like cannabinoids, sustained release formulations enable dosage schedules that are more convenient, offer longer action duration and are better accepted by health care professionals and patients. The patent-pending extended release formulation being collaboratively developed by Emblem and Canntab will enable medical professionals, for the first time, to establish proper dosages for patients and will, for the patients, make it easier to take medical cannabis.

Emblem believes the development of advanced dosage forms, and the pharmacokinetic and clinical research associated with this development, will effectively advance cannabinoid therapy. The company also anticipates that introducing sustained release cannabinoid formulations that are easily titratable will significantly increase the market for cannabinoid-based medications—especially for the treatment of conditions like chronic neuropathic pain.

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

Marijuana Company of America, Inc. (MCOA) is “One to Watch”

  • Strategic approach to cannabis and hemp industry through networking architecture
  • Legal marijuana markets estimated to reach $22.6 billion by 2021
  • Branded “hempSMART Brain™” CBD product is first to be offered by direct market
  • Wellness industry is now $1.9 trillion per year with huge growth potential

The founders of Marijuana Company of America, Inc. (OTC: MCOA) (the “Company”) are pioneers in the cannabis industry going back to 2009 when Don Steinberg, MCOA’s CEO, founded the first marijuana company ever to trade on a US stock market, Medical Marijuana Inc. Since then, Don and his partner, Charlie Larsen, have formed Global Hemp Group and Marijuana Company of America. They have experienced the shift of legislation first hand, not only for the legalization of marijuana but also the emerging hemp-based CBD products.

The CBD market is growing expotentially and consequently the founders of MCOA have contructed their business model around the development of industrial hemp-based CBD products. The industrial hemp plant can also be used to produce products that are carbon neutral or even carbon negative, like the longest, strongest natural fiber on earth, building materials that are mold, pest and fire proof, super foods and so much more for additional business opportunities. No part of the plant is left unused and the Company’s overall stategy is to take advantage of every profit center from farm to the multiple valuable finished products.

The cannabis and hemp industries are experiencing unprecedented exponential growth that is expected to continue for many years as these industries are now accepted globally and continue to mature and expand. North American consumers spent $6.7 billion on legal cannabis products in 2016, up 34% from 2015’s $5 billion. This trend is widely expected to explode at a 27% compounded annual growth rate to reach $22.6 billion by 2021, according to ArcView Market Research.

The company offers investors the opportunity to be on the forefront of cannabis and hemp innovation through cultivation, processing in the legal and cannabis and industrial hemp sectors. The Company’s business model includes producing a diverse portfolio of synergistic business segments that provide value to its shareholders. Its vertically integrated business model and distribution platforms are positioned to capture market share by developing recognizable and valuable brands.

Under the MCOA umbrella, wholly owned subsidiary hempSMART™, Inc. is committed to bringing high quality CBD-based products to the market through its affiliate marketing program. Through hempSMART, MCOA’s strategic approach to the distribution of products is through a networking architecture geared to maintain customer loyalty and capture market share. The patent-pending product “hempSMART Brain,” is designed to revolutionize the safe and effective support of healthy brain function. The brand new product, HempSMART DROPS, is a full-spectrum CBD tincture formulated with hemp and fractionated coconut oils. The hempSMART marketing team has decades of experience, and is well positioned to take the hempSMART brand to a global audience.

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

Let us hear your thoughts: Marijuana Company of America, Inc. Message Board

Grey Cloak Tech, Inc. (GRCK) to Enter Medical Practitioner Market through Planned Purchase of Eqova Life Sciences

  • Acquisition provides GRCK with an entry into the CBD market
  • Eqova is fully-focused on providing hemp oil health products to partners in the medical practitioner market and plans to dominate that niche
  • The CBD market is seen growing 700% to $2.1 billion by 2020, according to The Hemp Business Journal

Grey Cloak Tech, Inc.’s (OTC: GRCK) signing of a binding letter of intent to purchase CBD company Eqova Life Sciences is expected to enable it to enter the medical practitioner market (http://dtn.fm/0itCb). Eqova is a company that’s focused exclusively on offering a full spectrum line of clinical-grade hemp oil products via partnerships with licensed practitioners to use with their patients. The transaction is scheduled to close by October 10, 2017, according to EmergingGrowth.com (http://dtn.fm/Wpp1u).

GRCK is a Las Vegas, Nevada-based company that develops advanced software that is designed to overcome the most costly digital threats. It offers unique systems which are aimed at eliminating online fraud. Its proprietary digital advertising fraud detection software is FraudLytic™, which is a cloud-based platform that monitors internet traffic in real time. Fred Covely, GRCK’s CEO, said on Big Biz Radio that GRCK is focused on detecting digital ad fraud, including the number of ad ‘clicks’ claimed by online advertisers (http://dtn.fm/1ySW0).

Eqova is a Denver, Colorado-based firm that focuses entirely on providing CBD to the medical practitioner market, which GRCK believes is underserved. In addition to its own branded product line of hemp oil health products, it also offers private labels to qualified partners.

The CBD market is seen growing by 700% to $2.1 billion by 2020, according to The Hemp Business Journal (http://dtn.fm/1TTub).

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

SinglePoint, Inc. (SING) – An Evolutionary Success Tale

  • Diversified portfolio for sustainable growth offers multiple revenue options
  • Entry into legalized cannabis market continues with acquisition of multiple cannabis companies
  • Ancillary cannabis-related businesses poised to reap healthy portion of multi-billion-dollar industry

SinglePoint, Inc. (OTC: SING) has evolved from a full-service provider of mobile technology to a publicly traded holding company focused on diversifying into horizontal markets that offer multiple revenue streams for investors. Key to this approach is SinglePoint’s strategic expansion into the burgeoning legal marijuana industry, which includes the acquisition of several important cannabis-related brands.

Projected growth estimates for the legal marijuana industry continue to brighten the mood of investors, with ArcView Market Research noting the North American cannabis market alone is expected to reach $22 billion by 2021 (http://dtn.fm/JDHs7). Globally, the market is estimated to reach over $55 billion by 2025. SinglePoint is positioning itself to take full advantage of a variety of business opportunities this booming market presents for those willing to seek revenue in supportive or horizontal ventures.

SinglePoint’s most recent announcement that it intends to acquire 51 percent of a Colorado-based company approaching $1 million in annual revenue drives home the success of its revenue-by-acquisition model (http://dtn.fm/3AGwP).

In March 2017, SinglePoint’s investment in Convectium, a California-based provider of equipment, packaging and branding solutions for the cannabis industry, propelled the company’s business reach. Two months later, SinglePoint acquired Discount Indoor Garden Supply (DIGS), which supplies soil, supplies hydroponics and consulting services to legal cannabis growers in California. Each of these successful acquisitions is factored into SinglePoint’s strategic plan to create additional revenue streams while identifying undervalued companies to consider as potential targets.

Meanwhile, SinglePoint’s SingleSeed subsidiary (www.SingleSeed.com) continues to offer various services to marijuana enterprises, including payment processing and text messaging marketing solutions. SingleSeed Payments exists to educate and inform customers and shopkeepers of the changing key issues in the retail and medicinal cannabis market while helping to legitimize the industry. By staying flexible and responsive to these changes, SingleSeed provides its customers with a unique experience backed by an ethical and responsible approach to challenges facing the cannabis industry.

SinglePoint’s proactive approach to seeking out new business ventures has increased the company’s revenue 378-fold in Q2, as compared with the first quarter of 2017. This ability to specialize through the acquisition of small to mid-sized companies, with an emphasis on new technologies, provides investors with the opportunity to reap rewards across a wide range of assets.

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

Let us hear your thoughts: SinglePoint, Inc. Message Board

Medical Innovation Holdings, Inc. (MIHI) is “One to Watch”

  • Strategic holdings in telemedicine, remote diagnostics, healthcare services, medical device development and patient services
  • Feds have endorsed telehealth services, signaling growth opportunities for Medical Innovation Holdings
  • In process of acquiring nutraceutical company Renaissance Health Publishing LLC, bolstering bottom line and product offerings

Medical Innovation Holdings, Inc. (OTC: MIHI), a Colorado-based publicly traded company, owns and operates strategically aligned healthcare service and product companies focused on the delivery of patient care, management services for physician offices, lab services, and pharma; and non-pharma medicines and alternatives to patients and consumers. Healthcare services are delivered and managed through the company’s MSO, 3Point Care. 3Point Care uses virtual telemedicine with a unique customized software and hardware platform as a way of bringing quality medical care to rural and medically underserved areas (MUAs) of the country.

3Point Care provides personalized high-tech, high-touch telemedicine encounters that link virtual health specialty doctors with traditional primary physicians and their patients. This approach helps reduce the cost of care while enhancing the quality of care. The company’s telemedicine approach is vastly different from other providers who rely on a monthly subscription to opt in the network and then require an encounter fee by the patient each and every time an on-demand physician is utilized. This approach breaks the continuum of care, relies on symptom-based diagnosis, does not except insurance, and there is no certainty you are dealing with a licensed practitioner. In summation they are not a medical practice but a contract service to deliver virtual care. Because 3Point Care deploys doctors through an actual medical practice, there is no subscription fee. The company works with anyone and everyone that has insurance including Medicare and Medicaid. It works hand and hand with the patient’s primary care physician so the continuum of care is always maintained. Part of the integrated software application enables the processing of insurance claims whereby doctors are paid for their services. This allows deductibles to be captured, allowing the patients to take advantage of medical tax deductions.

TeleLifeMd, a multi-disciplinary specialty healthcare practice with strong experience in telemedicine, is the primary deliverer of patient medical care. 3Point care has a unique and exclusive relationship with TeleLifeMD, acting as its management services organization by providing all levels of service that include scheduling, providing telemedicine hardware and software products and support, processing claims, paying all invoices and payroll incurred by TeleLifeMD, as well as any other service required to operate the practice.

BKare Diagnostics, another wholly owned subsidiary of MIHI, is tasked with delivering medical and health-related services such as laboratory testing, diagnostics, and alternative medicines primarily proven nutraceuticals. Its goal is to eventually infuse these products with 100% CBD/Hemp oil and THC-based oils to create new product categories as the law catches up with the cannabis marketplace. The opportunity to offer workable solutions that solve real health problems outside typical big pharma is very exciting for the company. It sees significant revenue opportunities in this space.

MIHI firmly believes the best way to provide access to high-quality medical care is through support and delivery of evidence-based virtual medicine, commonly known as telemedicine. With 80 million people living in rural, medically underserved areas of the nation, the company is poised to fill a glaring void in the healthcare industry by applying cutting-edge technology and time-tested business practices to deliver real-time care. Among the 16 areas of medical specialties available are cardiology, infertility, gastroenterology, pediatrics and obstetrics.

The company serves a number of constituents and stakeholders interested in reducing the cost of health care while simultaneously increasing the quality of care, improving access to health services for millions of people, and bringing value to company shareholders. Its unique platform incorporates every aspect of a telemedicine visit into a single, comprehensive package.

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

Let us hear your thoughts: Medical Innovation Holdings, Inc. Message Board

Moxian, Inc.’s (NASDAQ: MOXC) Relationship with UnionPay Key to Joint Venture Market Penetration Strategy in China

  • UnionPay module in Moxian+ User and Moxian+ Business apps gives access for potential joint venture partners to China’s largest payment processor
  • Hao Qing Hu named as new company president and CEO in addition to Moxian director
  • Seven directors elected to Moxian’s board at annual meeting, including Shewn International Group CEO Ms. Liu Shu Juan

Moxian, Inc. (NASDAQ: MOXC) has a key ingredient to attract joint venture partners in its growth strategy in China: the UnionPay module in its new User and Business apps. UnionPay is the largest payment processor in China and owns 25% of the global market for credit cards, third only to Visa and MasterCard (http://dtn.fm/dKz6h). It also has a presence in more than 160 countries worldwide, including the U.S.

Moxian is an integrated social media platform operator, striving to convert its unpaid Moxian+ Business and Moxian+ User platforms to paid within the online-to-offline (O2O) market in China. It connects users to merchant clients through games, rewards and social events. It offers Mo-Coin and Mo-Point reward systems.

MOXC’s special relationship to UnionPay gives businesses and vendors in China access to the largest payment processor in the country. MOXC has a new growth strategy employing partners to help it expand into more Chinese cities quicker and with lower costs. It signed an agreement in principal for its first joint venture partner, Shewn International Group of Shanghai, a successful marketer of fine wines in China. UnionPay makes MOXC a desirable partner for Shewn.

Crystal Equity Research LLC projects that Moxian will generate sales of $2.3 million in FY2018, in part from the new revenue stream of receiving a fee of 1% of all Shewn payments processed on Moxian’s UnionPay app (http://dtn.fm/76hJy). Crystal Equity Research also noted that Moxian has reduced its spending to $1.3 million for the quarter ended June 2017, down from the $5.4 million it spent in the prior quarter due to reduced selling, general and administrative (SG&A) expenses. Crystal Equity Research said it anticipates raising its projections for Moxian’s revenues after the Shewn joint venture is executed.

At the company’s annual meeting, Hao Qing Hu was named the company’s president and CEO and also elected as a director of the company. He has been a director of Moxian since January 2016 and, since September 2015, has been the general manager of subsidiary Moxian Beijing, maintaining responsibility for all operations.

Additionally, Ms. Liu Shu Juan was elected director. She is CEO of Shewn International Group and financial controller of Shanghai Shewn Co., Ltd., the company’s primary operator in China.

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

PotNetwork Holding Inc. (POTN) in the Midst of a 700% Upsurge Market

  • CBD market estimated to grow by 700% by 2020
  • POTN has scientific focus on quality and therapeutic consistency
  • POTN multiple product lines and global distribution
  • Positioned for outsized share of the growth

It’s no wonder that medicinal marijuana, cannabis and hemp (cannabidiol) has become a veritable gold rush given the 700% market upsurge projected over the next three years (http://dtn.fm/Vx98o). Millions of people currently use cannabis, including CBD products, for medical therapies to treat pain, epilepsy, depression and multiple other maladies according to many abstracts and studies available from the U.S. National Library of Medicine National Institutes of Health. From these reports, there appears to be an abundance of scientific evidence proving the medical efficacy of cannabidiol (CBD) and investors are flooding the space seeking a share of this colossal 700% growth.

With such enormous upside in this space there are many pretenders to the throne and investors should be careful to look for companies that already have product lines, plus revenues and earnings instead of just hyped up pipe dreams. PotNetwork Holding Inc. (OTC: POTN) meets these criteria with an established product line and a successful business model. The company was recently mentioned in a NetworkNewsWire article, “Cannabis Companies Cater to an Increasingly Large and Diverse Industry” “(http://dtn.fm/3xK0l).

PotNetwork Holding is a holding company that owns subsidiaries that produce and distribute cannabidiol both in the U.S. and internationally. A primary operating entity of PotNetwork, Diamond CBD, Inc., produces and controls 15 different CBD brands that have gained international acceptance for both quality and consistency. With a staff of doctors, chemists and scientists, Diamond CBD is dedicated to developing and producing only the highest quality CBD oil across multiple products for a myriad of therapeutic and beneficial uses. Scientific research and depth of knowledge of natural hemp molecules and their particular properties determines the course of product development. All of the company’s products are made with federally legal cannabidiol (CBD) and are available in a variety of flavors and sizes for consumer appeal. The company insists on 100% natural lab-tested CBD ingredients with the process meticulously monitored from the source farm through every stage of production and final delivery to retail outlets.

Company efforts and attention to quality are paying off. PotNetwork recently announced that its Diamond CBD, Inc. subsidiary delivered a 30% month-over-month increase in revenues. Maria Gomez, Regional Vice President of Sales for Diamond CBD, Inc., stated in the news release, “We are consistently setting new sales records month after month and are excited to be able to report this type of continuing growth. We have taken our marketing efforts seriously. A commitment that is surely being revealed in the ongoing sales numbers.” These revenue results place PotNetwork on track to easily exceed 2017 projections.

With a scientific focus on quality and therapeutic consistency, 15 different brands in multiple flavors and sizes, with both domestic and international sales rapidly ramping up and in the midst of a 700% upsurge market, it looks like PotNetwork is well positioned to snag more than its fair share of this massive growth.

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

Let us hear your thoughts: PotNetwork Holding, Inc. Message Board

Greenkraft Inc. (GKIT) Continues Expansion Plans to Meet Demand for Fuel Efficient Commercial Vehicles

  • Global alternative fuel and hybrid vehicle market is expected to grow to $614 billion by 2022, registering a compound annual growth rate (CAGR) of nearly 13 percent
  • Greenkraft’s eco-friendly commercial trucks and alternative fuel systems offer environmentally friendly solutions with a price advantage and American performance
  • California legislators are poised to increase funding for state’s purchase of alternative fuel-fed vehicles and trucks

Greenkraft, Inc. (OTCQB: GKIT), a nationally recognized company specializing in the production of alternative fuel automotive products, engines and commercial trucks, continues its revolutionary work on manufacturing cost-efficient commercial trucks powered by alternative fuels. Based in Santa Ana, California, Greenkraft’s expansion plans include construction of a larger manufacturing facility to accommodate this increasing demand for fuel-efficient trucks with varying carrying capacities.

Most vehicles, especially commercial trucks, are powered by either gasoline or diesel, but this trend is beginning to change. The U.S. government is funding several efforts to help consumers find the alternative fuel or fuel-efficient solutions that meet their needs. In California, legislators recently reached an agreement to direct up to $1.5 billion of revenue from the state’s greenhouse gas emissions allowance to expand its use of alternative transportation fuels, according to Natural Gas Intelligence, an industry publication (http://dtn.fm/PLX7n). In the legislative deal, nearly $900 million is earmarked for alternative fuel vehicles – including trucks and buses – purchased by the state.

California’s push to “move toward a future where trucks and buses produce either zero or virtually zero emissions” is at a pivotal point, according to an industry group in support of the increased funding. Several major U.S. cities are already using Greenkraft’s fuel-efficient trucks for their daily operations. These trucks not only produce fewer pollutants and less of an environmental impact; they also save these cities a healthy amount of money.

The world’s alternative fuel and hybrid vehicle market is expected to grow at a blistering pace over the next five years, reaching upward of $614 billion by 2022 and registering a nearly 13 percent compound annual growth rate, according to a report by Allied Market Research (http://dtn.fm/ei0Xl). Technological advances in alternative fuel vehicles and proactive government initiatives, such as the one under consideration in California, are helping to propel the market’s stunning growth.

Greenkraft CEO George Gemayel recently noted that the company’s ability to offer its truck line in sizes ranging from 14,500 lbs. to 33,000 lbs. makes sense for a variety of industries, including those needing refrigeration options. Greenkraft’s CNG trucks are becoming the standard alternative to diesel trucks in the United States.

“This increased demand and national recognition of our CNG truck line is set to dramatically increase GKIT’s revenue in the 2017 fiscal year,” Gemayel stated in a news release.

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

Let us hear your thoughts: Greenkraft, Inc. Message Board

Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) is “One to Watch”

  • Exploration of Bristol Lake Project reveals excellent lithium-bearing brine harvest potential
  • Global lithium compounds market projected to reach U.S. $5.87 billion by 2020
  • Technological advances provide access to low cost, battery-grade lithium materials
  • World demand for lithium expected to increase 300% by 2025

Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) is a Canadian-based energy exploration and development company that is building one of the largest portfolios of high quality, domestic U.S. lithium brine assets. Its data and technology driven project development model is grounded in knowledge, opportunity and speed. Standard Lithium is led by an innovative and results-oriented management team with a strong focus on technical skills. The company has acquired several prospective lithium brine projects with known geological values consistent with producing basins, including its primary focus, the Bristol Dry Lake, California brownfield project that is permitted for related mineral production with accompanying world class infrastructure which are expected to contribute to faster, lower cost exploration and commercial development programs.

Recent results from a geophysical survey of the 25,000-acre Bristol Lake site suggest a high concentration of lithium-bearing brines are present throughout the company’s mineral lease agreement claims. Standard Lithium’s strategic partner in the venture, National Chloride Corporation of America, is well established in the region. All necessary infrastructure is on site, which gives Standard Lithium immediate access to conduct exploration brine sampling, lithium extraction, evaporation and processing activities, all within a fast-track project development schedule.

World demand for lithium continues to surge. The global lithium compounds market is projected to reach U.S. $5.87 billion by 2020, at a compound annual growth rate of 13.22% between 2015 and 2020. Lithium-ion batteries are the fastest growing segment of the market.

Standard Lithium’s determination to provide battery-grade lithium materials is bolstered by its recently appointed Scientific Advisory Council. These leading lithium extraction scientists and process engineers will oversee and direct the necessary lithium extraction process testing work. In addition to the Bristol Lake Brine Project, the company signed a Memorandum of Understanding in August with an unnamed New York Stock Exchange-listed company on an option for Standard to acquire lithium exploration and productions rights on 30,000 net brine acres overlying the Smackover formation in a region with a history of commercial-scale brine processing. Management believes lithium-bearing brines are likely present in this area. Smackover brines are metal-rich brine anomalies in reservoir rocks along the Gulf Coast from east Texas to Florida known to be a prime lithium resource. This resource may be one of the most promising ones to develop, given that a large-scale brine extraction, processing and reinjection industry is already well established.

Recently, Standard Lithium closed a multi-million dollar private placement offering, which allows the company to advance its current projects and pursue strategic acquisitions in the lithium sector. The company is well positioned with significant exploration opportunities featuring low cost production costs, easy transport, proximity to demand, and access to innovative production methodology.

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

92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) Acquires Three Prospective Lithium Properties in Quebec

  • 92 Resources is an emerging junior exploration company
  • Worldwide market for lithium is projected to grow 8.9% annually through 2019 to reach $1.7 billion
  • Lithium-ion rechargeable batteries are used in the manufacture of electric vehicles, phones, laptops and digital cameras

92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) recently announced that it has acquired three new properties in Quebec, Canada, which are highly prospective in hard-rock lithium (http://dtn.fm/5xCgg). The sites are Corvette, Eastmain, and Lac du Beryl, and consist of 115 mineral claims on a combined 14,710 acres.

92 Resources is an emerging junior exploration company focused on acquiring and advancing strategic and prospective assets. It acquired 100% interest in the Hidden Lake Lithium Property and has achieved 97% lithium extraction from its pegmatites. Lithium is used for the manufacture of rechargeable lithium-ion batteries in phones, laptops, digital cameras and electric vehicles. Aluminum-lithium alloys are used in the manufacture of aircraft, bicycle frames and high speed trains. The global market for lithium is projected to grow 8.9% annually through 2019 to reach $1.7 billion, according to The Freedonia Group (http://dtn.fm/nPR96).

In a news release, Adrian Lamoureux, president and CEO of 92 Resources, said, “As we continue to aggressively advance our flagship Hidden Lake Lithium Project in NWT, we feel it is critical to maintain a pipeline of additional high-quality, early staged lithium pegmatite projects, each with potential as stand-alone properties. We are very excited by these new additions to the Company’s already high quality portfolio of assets”

In its corporate presentation (http://dtn.fm/pWKG0), 92 Resources explained that pegmatite is a type of crystal-heavy igneous rock and that hard rock lithium represents about one-third of all global reserves.

Brief due diligence site visits were made prior to the acquisition and pegmatite outcrop was confirmed at each property.

At the Corvette Project, 76 claims have been made. At the site visit, abundant coarse-grained spodumene crystals were identified. On the Eastman Project, 21 claims have been made, and it is highlighted by a large pegmatite outcrop. A total of 18 claims have been made at the Lac du Beryl Project, where several prominent outcrops of pegmatite have been seen.

For more information, visit the company’s website at www.92Resources.com

Let us hear your thoughts: 92 Resources Corp. Message Board

From Our Blog

Torr Metals Inc. (TSX.V: TMET) Set to Capitalize on Green Energy’s Rising Demand for Copper

April 26, 2024

Global warming has become an undeniable force around the globe, with news of widespread droughts, record temperatures, forest fires, and ravaged agricultural harvests increasing in frequency. In response, global leaders came together during 2021’s COP26 event in Glasgow to propose a global Net Zero initiative, aimed towards achieving a balance between global greenhouse gas (“GHG”) […]

Rotate your device 90° to view site.