Sin categoría

  • Grounded People Apparel to Commence Trading on the Canadian Securities Exchange on October 5, 2022

    VANCOUVER, BC / ACCESSWIRE / October 4, 2022 Grounded People Apparel Inc. (“Grounded" o el "Empresa“) (CSE:SHOE), a fair wage and sustainable vegan shoe company based in Vancouver, British Columbia, Canada, dedicated to reducing the harmful impact of the global fashion industry on the environment, is pleased to announce that its common shares have been approved for listing on the Canadian Securities Exchange (the “CSE“) and will commence trading at market open on Wednesday, October 5, 2022, under the stock ticker symbol “SHOE“. In connection with its listing on the CSE, Grounded has upgraded its corporate website to include an “Investors” section comprised of investor focused information about the Company.

    Grounded People Apparel Inc., Tuesday, October 4, 2022, Press release picture

    “The listing of Grounded’s common shares on the CSE is a significant milestone for the Company and all of its shareholders,” stated Maximillian Justus, CEO of the Company. “Grounded aims to create social change and promote a sustainable future, not just in the fashion industry but also through a number of different charity initiatives. This listing provides people who share our values, and want to make a difference, the opportunity to join our community and become a part of this Company. We are excited to see what the future holds and remain steadfast in our efforts to enact change and create long-term value for our shareholders.”

    For further information concerning Grounded and its business, please view the Company’s long form prospectus dated September 28, 2022 (the “Prospecto“) and CSE listing statement dated October 3, 2022 (the “Listing Statement“) supporting Grounded’s listing on the CSE. A copy of the Prospectus and Listing Statement have been filed under the Company’s profile at www.sedar.com.

    ABOUT GROUNDED PEOPLE APPAREL

    Grounded People Apparel Inc. is a Vancouver, British Columbia, Canada based innovative apparel company focused on delivering high-quality products to its customers that are 100% PeTA – APPROVED vegan. The Company is primarily engaged in the business of fair trade, sustainable and earth-conscious fashion. The Company’s initial products, which launched in the fourth quarter of 2021, are its high-top and low-cut canvas sneakers, which are made from sustainable, ethically-sourced and produced materials, and are manufactured by fair-trade workers, in a 100% vegan manufacturing facility which is located in Brazil.

    In addition to its commitment to a fashion industry that reduces waste and environmental impacts, the Company aims to create a meaningful positive impact on the world through its L.A.C.E.S. campaign. The L.A.C.E.S. campaign provides consumers an option to select a specific set of shoelaces to accompany their footwear purchase the colour of which is associated with one of the charities the Company has committed to support, whereby all profits from the sale of shoelaces are donated correspondingly.

    EN NOMBRE DEL CONSEJO DE ADMINISTRACIÓN

    “Maximilian Justus”
    Maximilian Justus
    Director General

    Para más información, póngase en contacto con
    Correo electrónico: investors@groundedpeople.com
    Telephone: 1-844-673-6753

    The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

    CAUTIONARY DISCLAIMER STATEMENT

    This news release includes certain “forward-looking statements” under applicable Canadian securities legislation, including with respect to the social and financial objectives of the Company. Forward-looking statements are necessarily based upon several estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward looking statements. Such factors include, but are not limited to general business, economic, competitive, political, and social uncertainties, and uncertain capital markets. Readers are cautioned that actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    FUENTE: Grounded People Apparel Inc.

  • Collective Mining Announces Trading on the OTCQX and DTC Eligibility of its Common Shares in the United States

    July 18, 2022 09:55 ET | Source: Collective Mining Ltd.


    TORONTO, July 18, 2022 (GLOBE NEWSWIRE) —  Collective Mining Ltd. (TSXV: CNL) (OTCQX:CNLMF) (“Collective” or the “Company”) is pleased to announce that its common shares are now trading on the OTCQX® Best Market under the symbol “CNLMF”. Collective upgraded to the OTCQX from the Pink® market and its common shares are eligible for electronic clearing and settlement through The Depository Trust Company (“DTC”) in the United States. Collective’s common shares will continue to trade on the TSX Venture Exchange under the symbol “CNL”.

    Upgrading to the OTCQX Market enables Collective to provide transparent trading for U.S. investors. Streamlined market standards enable the Company to utilize its TSX listing to make information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

    DTC is a subsidiary of the Depository Trust & Clearing Corporation, a United States company that manages electronic clearing and settlement for publicly traded companies. Securities that are eligible to be electronically cleared and settled through the DTC are considered to be “DTC eligible”.   DTC eligibility is expected to simplify the process of trading and transferring the Common Shares and to enhance the liquidity of the Common Shares in the United States because of the accelerated settlement period and the expected reduction in costs for investors and brokers, enabling the Company’s common shares to be traded over a wider selection of brokerage firms.

    Ari Sussman, Collective’s Executive Chairman, commented, “We are excited to graduate from the Pink® market and begin trading on the OTCQX Market. This achievement, along with our DTC eligibility, will give a greater number of investors the opportunity to invest in Collective and enable participation in our exciting growth story.”

    Nauth LPC acted as OTCQX sponsor.

    About OTC Markets Group Inc.

    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

    To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    About Collective Mining Ltd.

    To see our latest corporate presentation, please visit www.collectivemining.com

    Collective Mining is an exploration and development company focused on identifying and exploring prospective mineral projects in South America. Founded by the team that developed and sold Continental Gold Inc. to Zijin Mining for approximately $2 billion in enterprise value, the mission of the Company is to repeat its past success in Colombia by making significant new mineral discoveries and advance the projects to production. Management, insiders and close family and friends own nearly 45% of the outstanding shares of the Company and as a result, are fully aligned with shareholders. Collective currently holds an option to earn up to a 100% interest in two projects located in Colombia. As a result of an aggressive exploration program on both the Guayabales and San Antonio projects, a total of eight major targets have been defined. The Company is fortuitous to have made significant grassroot discoveries at both projects with near-surface discovery holes at the Guayabales project yielding 302 metres at 1.11 g/t AuEq at the Olympus target, 163 metres at 1.3 g/t AuEq at the Donut target and 87.8 metres at 2.49 g/t AuEg at the Apollo target. At the San Antonio project, the Company intersected, from surface, 710 metres at 0.53 AuEq. (See press releases dated October 27th, 2021, November 15, 2021, March 15, 2022 and June 22, 2022 for AuEq calculations)

    Información de contacto

    Collective Mining Ltd.
    Steve Gold, Vice President, Corporate Development and Investor Relations
    Tel. (416) 648-4065

    DECLARACIONES PROSPECTIVAS
    This news release contains certain forward-looking statements. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.

    This press release contains forward-looking information in a number of places, such as in statements relating to the benefits to be derived by the Company’s securities trading on the OTCQX and the eligibility of the Company’s securities on DTC. There can be no assurance that such statements will prove to be accurate, as Collective’s actual results and future events could differ materially from those anticipated in this forward-looking information as a result of the factors discussed in the “Risk Factors” section in Collective’s Annual Information Form, which is available at www.collectivemining.com or on SEDAR.

    Las declaraciones prospectivas implican un riesgo significativo, incertidumbres y suposiciones. Muchos factores podrían hacer que los resultados, el rendimiento o los logros reales difieran materialmente de los resultados discutidos o implícitos en las declaraciones prospectivas. Estos factores deben ser considerados cuidadosamente, y los lectores no deben confiar indebidamente en las declaraciones prospectivas. Aunque las declaraciones prospectivas contenidas en este comunicado de prensa se basan en lo que la dirección cree que son supuestos razonables, Collective no puede asegurar a los lectores que los resultados reales serán coherentes con estas declaraciones prospectivas. Estas declaraciones prospectivas se formulan a la fecha de este comunicado de prensa, y Collective no asume ninguna obligación de actualizarlas o revisarlas para reflejar nuevos acontecimientos o circunstancias, salvo que lo exija la ley.

    Ni la TSXV ni su Proveedor de Servicios de Regulación (tal como se define este término en las políticas de la TSXV) aceptan la responsabilidad de la adecuación o exactitud de este comunicado de prensa.

  • Torex Gold Reports Positive Drilling Results at ELG Underground

    Results highlight potential for ongoing reserve growth and a new mining front at Sub-Sill South

    September 15, 2022 06:00 ET | Source: Torex Gold Resources Inc.


    TORONTO, Sept. 15, 2022 (GLOBE NEWSWIRE) — Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) is pleased to report positive assay results from the Company’s ongoing drill program at the El Limón Guajes underground mine, including zones referred to as Sub-Sill and El Limón Deep (“ELD”) (collectively the “ELG Underground”). The latest drilling results support the Company’s strategic priority to optimize and extend the mine life of ELG Underground beyond current reserves.

    Jody Kuzenko, President & CEO of Torex, stated:

    “ELG Underground has been a significant driver of Mineral Reserve and Resource growth over the last several years, and the latest results from the ongoing drill campaign continue to validate our positive outlook. We are excited about the long-term prospects of the ELG Underground given the potential to continue to grow higher grade reserves and resources while steadily increasing mining rates toward a target of 2,000 tonnes per day. The upside reserve potential of the ELG Underground also supports our plan to fill the mill beyond 2027, when, on the current reserve case, Media Luna is expected to become the sole source of feed to the processing plant.

    “At ELD, infill drilling successfully intersected high grade mineralization 110 metres (“m”) below the current reserve envelope, which bodes well for reserve replacement and ongoing reserve growth. Key intersects include 16.96 grams per tonne gold (“g/t Au”) over a core length of 17.5 m, 16.87 g/t Au over 9.7 m, 10.39 g/t Au over 11.7 m, and 13.49 g/t Au over 5.5 m.

    “Step-out and infill drilling at Sub-Sill South has also been positive with several impressive intersects, including 7.18 g/t Au over a core length of 21.3 m, 10.01 g/t Au over 9.7 m and 7.66 g/t Au over 8.9 m. Although further drilling is required, results to date highlight the potential for Sub-Sill South to be developed into a new underground mining front. Sub-Sill South is located 120 m south of the producing Sub-Sill deposit and 470 m north of a zone of mineralization below the El Limón Sur open pit.

    “Additionally, Portal #3 ramp development to the lower areas of ELD and Sub-Sill is now complete. Construction of drill platforms are in progress, which will allow the Company to more effectively carry out infill and step-out drilling at depth at both Sub-Sill and ELD. The completion of Portal #3 will also reduce underground haul distances, which is expected to support further efficiencies and cost containment initiatives within the ELG Underground.”

    Table 1: Key highlights from recent drilling at ELG Underground

    Perforación1ÁreaProgramaDesde
    (m)
    A
    (m)
    Core Length
    (m)
    Au
    (g/t)
    Ag
    (g/t)
    Cu
    (%)
    LDUG-185ELDInfill102.5120.017.516.961.40.01
     incluyendo 105.5114.08.529.292.10.01
    LDUG-211ELDInfill24.234.09.716.872.90.22
    LDUG-183ELDInfill142.8154.511.710.392.90.05
    LDUG-196ELDInfill86.291.65.513.498.00.22
    LDUG-197ELDStep-out183.0191.28.28.5223.41.69
    LDUG-183ELDInfill65.070.05.010.3710.50.51
    LDUG-184ELDInfill87.099.512.55.483.60.15
    SST-261Sub-Sill SouthStep-out227.8249.121.37.1826.40.77
    SST-268Sub-Sill SouthStep-out221.1230.99.710.0110.90.30
    SST-263Sub-Sill SouthStep-out234.1243.08.97.665.60.12
    SST-259Sub-SillInfill213.3225.412.17.655.60.40
    SST-245Sub-SillInfill319.0324.15.19.724.90.15

    Notes to Drill Results Highlights Table:
    1)   Intersections do not represent true thickness of mineralized zones
    2)   Core lengths subject to rounding
    3)   Interval lengths for holes dipping between -45 to -90º have been selected to represent a minimum mining height of 3.5 m
    4)   Interval lengths for holes dipping between 0 and -45º have been selected to represent a minimum horizontal length of 3.5 m
    5)   Torex is not aware of any drilling, sampling, recovery, or other factors that could materially affect the accuracy or reliability of the data

    Detailed assay results from the most recent drilling within the ELG Underground can be found in Table 2 (ELD), Table 3 (Sub-Sill) and Table 4 (Sub-Sill South).

    ELG UNDERGROUND – INFILL AND EXPANSION DRILL PROGRAMS

    In 2022, the Company plans to drill 27,000 m within the ELG Underground through a mix of infill and step-out drilling. Infill drilling is targeting to upgrade Inferred Resources within the Sub-Sill and ELD deposits.

    Step-out drilling is targeting lateral and vertical extensions of both deposits as well as expanding other zones such as Sub-Sill South. As of the end of June, assay results for 11,400 m of drilling (53 holes) specific to the ELG Underground program have been received. These results include 6,220 m (28 holes) from the 2021 drilling program, for which assay results were received post the cut-off date for year-end 2021 Mineral Reserve and Resource estimates.

    At ELD, drilling returned several high-grade intersects below the current reserve envelope while also testing lateral extensions of the deposit. Drill results from ELD can be found in Figures 2 and 3 as well as Table 2.

    The 2022 program targeting extensions of the Sub-Sill deposit commenced in July, with drilling activities expected to ramp-up through the remainder of the year with the completion of Portal #3, which will allow the Company to more effectively target vertical extensions of both Sub-Sill and ELD, while continuing to upgrade Inferred Resources to the Measured/Indicated categories. Drilling completed as part of the 2021 program (for which assays were received post the reserve and resource cut-off date) can be found in Figure 4 and Table 3. Given that drilling in this area recently commenced, only a portion of the assays from the 2022 drill program at Sub-Sill are expected to be received prior to the cut-off date for the 2022 year-end reserve and resource update.

    Drilling targeting Sub-Sill South (a zone of mineralization between Sub-Sill and El Limón Sur) also returned several high-grade intersects that, when combined with previous drilling, highlights the potential for a new mining front within the ELG Underground. While further drilling is required to determine the extent of the mineralization, if Sub-Sill South is developed, underground development required to access the zone could be leveraged to access another potential mining front below the El Limón Sur open pit. Drill results from Sub-Sill South can be found in Figure 5 and Table 4.

    Drilling below the El Limón Sur open pit (part of the regional and near-mine program planned in 2022) is in progress. Results from this drilling are expected to be released later this year.

    ELG UNDERGROUND MINE – A SIGNIFICANT VALUE DRIVER

    The ELG Underground has been a key value driver for Torex as reserves have been expanded and the mining rate has steadily risen. Proven & Probable Reserves for the ELG Underground were estimated at 494,000 ounces of gold (2.675 million tonnes at an average grade of 5.74 g/t gold) at the end of 2021, representing a 20% increase year-over-year.

    Since underground mining commenced in late 2017, the ELG Underground has produced approximately 288,000 ounces of gold through the end of 2021 (327,000 ounces mined prior to process plant recoveries at an average gold grade of 7.45 g/t). Cumulative gold mined, plus reserves as at year-end 2021, is more than 3.5 times greater than the initial underground gold reserves of 183,000 ounces estimated as of December 31, 2017.

    The ELG Underground is on track for another strong year of production in 2022, with 43,000 ounces of gold produced (50,000 ounces of gold mined prior to process recoveries at 5.98 g/t gold) in the first half of the year. Over the last three calendar years, annual production from the ELG Underground has averaged approximately 85,000 ounces (97,000 ounces prior to process recoveries at an average gold grade of 7.36 g/t).

    The strong start to the year has been supported by increased mining rates, including a quarterly record of 1,580 tonnes per day (“tpd”) during Q2 2022. The Company sees the potential to increase mining rates in the ELG Underground to 2,000 tpd, driven by the benefit of shorter haul distances with completion of Portal #3, the potential to leverage long-hole stoping in portions of the deposit, and ongoing productivity improvements.

    Based on the March 2022 Technical Report, estimated reserves within the ELG Underground were sufficient to support mining to mid-2027. Assay results received to date support ongoing reserve and resource growth within the ELG Underground, which is expected to result in a longer life of mine.

    MORELOS PROPERTY – 2022 EXPLORATION AND DRILLING PROGRAM

    Torex expects to invest approximately $39M in drilling and exploration across the broader Morelos Property (Figure 1) in 2022, including $5M of definition and grade control drilling within the current operations.

    Figure 1: Broader Morelos Property – 2022 drill program primarily focused on Media Luna Cluster, ELG Underground (part of ELG Complex) as well as near-mine and regional targets: https://www.globenewswire.com/NewsRoom/AttachmentNg/2400abde-5f34-4c2d-86b3-5717efc01d3a

    The Company’s exploration and drill program is primarily focused on upgrading and expanding Mineral Resources at Media Luna and EPO as well as continued expansion of the ELG Underground.

    • Media Luna: Approximately $19M is budgeted for infill and step-out drilling at Media Luna as well as an initial infill drill program at the adjacent EPO deposit. A total of 64,000 m of drilling is budgeted at Media Luna. Costs of the program are being classified as non-sustaining capital expenditures.
    • ELG Underground: Approximately $6M is budgeted for infill and step-out drilling within the ELG Underground. Drilling targeting deeper extensions of the Sub-Sill and ELD deposits commenced in July. Drilling activity is expected to increase with the completion of Portal #3. A total of 27,000 m of drilling is budgeted for the ELG Underground in 2022. Infill and step-out program costs are being classified as capital expenditures and are included in the sustaining capital expenditure and all-in sustaining cost guidance for ELG.
    • Near Mine and Regional: Approximately $9M is budgeted to conduct exploration across the broader land package, including drilling of near mine targets totaling 28,500 m of drilling (including 15,000 m for the underground potential below the El Limón Sur open pit) as well as regional exploration north and south of the Balsas River (6,000 m of drilling). The program expenditures are being classified as exploration expenses.
    • Definition and Grade Control: Approximately $5M is budgeted for ore control and definition drilling in the ELG Open Pit and Underground. The costs associated with these programs are included in mining operating expenses and, therefore, reflected in total cash cost and all-in sustaining cost guidance.

    ELG UNDERGROUND GEOLOGY

    The ELD and Sub-Sill deposits are distinct portions of the larger El Limón Guajes (“ELG”) mineralized skarn system. The two deposits occur in different locations relative to a granodiorite sill prevalent in the deposit area and are approximately 300 m apart.

    The ELG mining complex, located in the central part of the Guerrero Gold Belt in Southwest Mexico, is hosted in the Mesozoic carbonate-rich Morelos Platform, which has been intruded by Paleocene granodiorite stocks, sills, and dikes. Skarn-hosted gold mineralization is developed along the contacts of the intrusive rocks and the enclosing carbonate-rich sedimentary rocks of the Cuautla and Morelos formations as well as along the footwall contact of the Mezcala Formation.

    ELD represents the down-dip extension of the skarn that hosts the gold mineralization at El Limón open pit, where the skarn is developed immediately above a large granodiorite sill intruded along the contact of the Cuautla and the Mezcala formations. The mineralized skarn forms a single and continuous package that strikes approximately 25° to the north-northeast and dips between 20° and 40° to the northwest. To the northwest, the strike of the skarn package changes to approximately 30° to the north-northwest and the dip steepens to approximately 60°. The change in the geometry of the skarn package is interpreted to be related to the northeast striking and southeast dipping La Flaca Fault; parallel structures are locally represented by post mineral dykes.

    Mineralization in the Sub-Sill area formed along contacts between marbles of the Morelos formation and granodiorite sills, which is interpreted as late-stage porphyritic intrusions that branch off the main body of granodiorite. The best developed skarn zones at the Sub-Sill area strikes approximately 40° northeast and dip between 35° and 45° to the northwest. Deep drilling has identified a steeply dipping, 65° to 75° northwest, extension of the Sub-Sill skarn zone with high grade mineralization. This zone is currently interpreted as the structurally controlled feeder of the mineralization that developed along the lithological contacts between the hornfels, the marbles, and the sills. The skarn zone hosts multiple horizons with high-grade gold mineralization that vary in strike length from 50 m up to 240 m, with apparent widths varying from 2 m to 46 m. The trend of the overall skarn body in the Sub-Sill area is north-south to northeast-southwest.

    In Sub-Sill South, the mineralization is hosted in a skarn zone developed in the top and along the flanks of a vertical body of marble surrounded by granodiorite, underlying ELD. The skarn strikes approximately 10° northwest and dips between vertical and 70° west, following the contact of the marble and the intrusive. The skarn zone is well developed in the upper part of the marble block, where it reaches thicknesses that exceed 55 metres and horizontal widths up to 70 meters. Information is still lacking to better understand the geometry of this skarn zone and its continuity at depth.

    The style of mineralization at Sub-Sill South is like Sub-Sill and ELD, and is characterized by gold, which is strongly associated with bismuth and variable amounts of silver and copper. Gold occurs in variably sulfidized, pyrrhotite-rich skarn, while silver and copper mineralization is controlled primarily by the degree of sulfidation of the host skarn. Mineralization is associated with retrograde alteration characterized by the occurrence of phlogopite, amphibole, chlorite, calcite and lesser amounts of quartz and epidote, and local magnetite.

    QA/QC AND QUALIFIED PERSON

    Torex maintains an industry-standard analytical quality assurance and quality control (QA/QC) and data verification program to monitor laboratory performance and ensure high quality assays. Results from this program confirm reliability of the assay results. All sampling and analytical work for the mine exploration program is performed by SGS de Mexico S.A. de C.V. (“SGS”) in Durango, and by SGS at Minera Media Luna site facilities, Mexico. Gold analyses comprise fire assays with atomic absorption or gravimetric finish. External check assays for QA/QC purposes are performed at ALS Chemex de Mexico S.A. de C.V.

    The analytical QA/QC program is currently overseen by Carlo Nasi, Chief Mine Geologist for Minera Media Luna, S.A. de C.V.

    The scientific and technical data contained in this news release has been reviewed and approved by Carolina Milla, P.Eng. Ms. Milla is a member of the Association of Professional Engineers and Geoscientists of Alberta (Member ID #168350), has experience relevant to the style of mineralization under consideration, is a qualified person under NI-43-101, and is an employee of Torex. Ms. Milla has verified the data disclosed, including sampling, analytical, and test data underlying the drill results; verification included visually reviewing the drillholes in three dimensions, comparing the assay results to the original assay certificates, reviewing the drilling database, and reviewing core photography consistent with standard practice. Ms. Milla consents to the inclusion in this release of said data in the form and context in which they appear.

    Additional information on the Sub-Sill and ELD deposits, sampling and analyses, analytical labs, and methods used for data verification is available in the Company’s technical report entitled the “Morelos Property, NI 43-101 Technical Report, ELG Mine Complex Life of Mine Plan and Media Luna Feasibility Study, Guerrero State, Mexico”, dated effective March 16, 2022 filed on March 31, 2022 (the “Technical Report”) on SEDAR at www.sedar.com and the Company’s website at www.torexgold.com.

    ABOUT TOREX GOLD RESOURCES INC.

    Torex is an intermediate gold producer based in Canada, engaged in the exploration, development, and operation of its 100% owned Morelos Property, an area of 29,000 hectares in the highly prospective Guerrero Gold Belt located 180 kilometres southwest of Mexico City. The Company’s principal asset is the Morelos Complex, which includes the El Limón Guajes (“ELG”) Mining Complex, the Media Luna Project, a processing plant and related infrastructure. Commercial production from the Morelos Complex commenced on April 1, 2016 and an updated Technical Report for the Morelos Complex was released in March 2022. Torex’s key strategic objectives are to extend and optimize production from the ELG Mining Complex, de-risk and advance Media Luna to commercial production, build on ESG excellence, and to grow through ongoing exploration across the entire Morelos Property.

    PARA MÁS INFORMACIÓN, PÓNGASE EN CONTACTO CON

    TOREX GOLD RESOURCES INC. 
    Jody KuzenkoDan Rollins
    Presidente y Director GeneralSenior Vice President, Corporate Development & Investor Relations
    Direct: (647) 725-9982Direct: (647) 260-1503
    jody.kuzenko@torexgold.com dan.rollins@torexgold.com 

    ADDITIONAL INFORMATION ON ELG UNDERGROUND RESERVE ESTIMATES
    As at December 31, 2021, Proven Reserves for the ELG Underground were estimated at 0.11 million tonnes at an average grade of 7.23 g/t gold and Probable Reserves for the ELG Underground were estimated at 2.566 million tonnes at an average grade of 5.68 g/t gold. Additional information on the ELG Underground Mineral Reserve and Resource estimates is set out in the Technical Report.

    CAUTIONARY NOTES ON FORWARD LOOKING STATEMENTS
    This press release contains “forward-looking statements” and “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information also includes, but is not limited to, statements about: potential for ongoing reserve growth and a new mining front at Sub-Sill South; latest results from the ongoing drill campaign continue to validate the Company’s positive outlook about the ELG Underground’s Mineral Reserve and Resource growth; the long-term prospects of the ELG Underground, given the potential to continue to grow higher grade reserves and resources while steadily increasing mining rates toward a target of 2,000 tonnes per day; the upside reserve potential of the ELG Underground supporting the Company’s plan to fill the mill beyond 2027; expectation that Media Luna will become the sole source of feed to the processing plant beyond 2027 based on the current mineral reserve estimate; the drilling results at ELD bodes well for reserve replacement and ongoing reserve growth; results to date of the step-out drilling at Sub-Sill highlight the potential for this zone to be developed into a new underground mining front; construction of drill platforms will allow the Company to more effectively carry out infill and step-out drilling at depth, at both Sub-Sill and ELD and reduce underground haul distances, which is expected to support further efficiencies and cost containment initiatives within the ELG Underground; planned drill programs, timelines, budgets and objectives/targets for 2022, including upgrading of mineral resources; the potential for a new mining front, Sub-Sill South, within the ELG Underground; if Sub-Sill South is developed, underground development required to access the zone could be leveraged to access another potential mining front below the El Limón Sur open pit; the ELG Underground is on track for another strong year of production in 2022; the potential to increase mining rates in the ELG Underground to 2,000 tpd, driven by the benefit of shorter haul distances with completion of Portal #3, the potential to leverage long-hole stoping in portions of the deposit, and ongoing productivity improvements; based on the March 2022 Technical Report, estimated reserves within the ELG Underground were sufficient to support mining to mid-2027; assay results received to date support ongoing reserve and resource growth within the ELG Underground, which is expected to result in a longer overall life of mine; and the Company’s key strategic objectives to extend and optimize production from the ELG Mining Complex, de-risk and advance Media Luna to commercial production, build on ESG excellence, and to grow through ongoing exploration across the entire Morelos Property. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “strategy”, “focus”, “budget”, “continue”, “potential”, “ongoing” or variations of such words and phrases or statements that certain actions, events or results “will”, or “is expected to” occur. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including, without limitation, risks and uncertainties associated with: the ability to upgrade mineral resources categories of mineral resources with greater confidence levels or to mineral reserves; the ability to replace mineral reserves that have been mined; risks associated with mineral reserve and mineral resource estimation; uncertainty involving skarns deposits; the ability of the Company to obtain additional permits for the Media Luna Project; the ability of the Company to successfully construct and operate in an economically viable manner as projected in the Media Luna Feasibility Study; the ability of the Company to fully fund the Media Luna Project to production; the ability of the Company’s mining and exploration operations to operate as intended due to shortage of skilled employees or shortages in supply chains; and those risk factors identified in the Technical Report and the Company’s annual information form and management’s discussion and analysis or other unknown but potentially significant impacts. Forward-looking information is based on the assumptions discussed in the Technical Report and such other reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances at the date such statements are made. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, whether as a result of new information or future events or otherwise, except as may be required by applicable securities laws.

    Figure 2: Infill and step-out drilling at ELD (Section A-A’): https://www.globenewswire.com/NewsRoom/AttachmentNg/aee0b599-b64d-4ae8-b13b-38b66391963c

    Figure 3: Infill and step-out drilling to the north of ELD (B-B’): https://www.globenewswire.com/NewsRoom/AttachmentNg/efbeecb6-ce94-40b5-a238-f079579a8a38

    Figure 4: Infill drilling at Sub-Sill (C-C’): https://www.globenewswire.com/NewsRoom/AttachmentNg/83289fb1-d6c5-462d-a26d-129a4c39d70f

    Figure 5: Infill and step-out drilling at Sub-Sill South (D-D’): https://www.globenewswire.com/NewsRoom/AttachmentNg/a79e6c0a-e3ae-47f4-a22d-0ec02a1086ea

  • TRX GOLD COMMISSIONS EXPANDED MILL AT BUCKREEF GOLD

    Throughput Capacity Expanding Threefold From Current Levels

    TORONTO, Ontario, September 29, 2022 – TRX Gold Corporation (TSX:TNX) (NYSE American:TRX) (the “Company” or “TRX Gold”) is pleased to announce that Buckreef Gold’s 1,000+ tonne per day (“tpd”) oxide mill circuit has been commissioned and is currently ramping up production. This mill expansion―from its original 360 tpd capacity―was planned less than 12 months ago at a capital cost of US$4 million.

    First ore has been introduced to the expanded processing plant and the team is ramping up throughput over the next month in order to reach nameplate capacity by the end of October. When operating at nameplate capacity of 1,000+ tpd, the operation is expected to produce an average of 15,000-20,000 ounces of gold annually over the life of the oxide mine plan. Approximately 10% of Buckreef Gold’s total mineral resource consists of oxide mineral resources.

    The Buckreef Gold project has been transformed into a low-cost, high margin operation enabling the execution of TRX Gold’s growth-oriented business strategy. The Company’s focus is to utilize current gold production to fund value-accretive activities, such as mineral resource development, exploration and future processing plant expansions.

    Logotipo principal

    Image: Buckreef’s Expanded Plant At The Forefront, With The 360 tpd Plant in The Background

    The Company wishes to thank its local employees, government, consultants and suppliers for their efficiency and dedication to this project, which has enabled the Company to deliver this project on time and budget.

    “This is another great milestone at Buckreef Gold. We are very proud of the dedication and hard work accomplished by our Tanzanian colleagues. Over the last 18 months we have taken the Buckreef Gold project from a negative cash flow test plant, to a high margin, cash flow positive operation that continues to have near- term expansion opportunities.” explains Stephen Mullowney, TRX Gold CEO.

    About TRX Gold Corporation

    TRX Gold is rapidly advancing the Buckreef Gold Project. Anchored by a Mineral Resource published in May 2020, the project currently hosts an NI 43-101 Measured and Indicated Mineral Resource of 35.88 MT at 1.77 g/t gold containing 2,036,280 oz of gold and an Inferred Mineral Resource of 17.8 MT at 1.11g/t gold for 635,540 oz of gold. The leadership team is focused on creating both near-term and long-term shareholder value by increasing gold production to generate positive cash flow. The positive cash flow will be utilized for exploratory drilling with the goal of increasing the current gold Resource base and advancing the Sulphide Ore Project which represents 90% of current gold Resources. TRX Gold’s actions are led by the highest ESG standards, evidenced by the relationships and programs that the Company has developed during its nearly two decades of presence in Geita Region, Tanzania.

    Inversores

    Christina Lalli
    Vice President, Investor Relations TRX Gold Corporation
    +1-438-399-8665
    c.lalli@TRXgold.com
    www.TRXgold.com

    Declaraciones prospectivas

    This press release contains certain forward-looking statements as defined in the applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “hopes”, “intends”, “estimated”, “potential”, “possible” and similar expressions, or statements that events, conditions or results “will”, “may”, “could” or “should” occur or be achieved. Forward- looking statements relate to future events or future performance and reflect TRX Gold management’s expectations or beliefs regarding future events and include, but are not limited to, statements with respect to production at anticipated levels, operating its 1,000+ tpd mill at nameplate capacity, operating at low-costs with high-margins, funding value accretive activities, expansion, estimation of mineral resources, ability to develop value creating activities, recoveries, subsequent project testing, success, scope and viability of mining operations, the timing and amount of estimated future production, and capital expenditure.

    Although TRX Gold believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance. The actual achievements of TRX Gold or other future events or conditions may differ materially from those reflected in the forward-looking statements due to a variety of risks, uncertainties and other factors. These risks, uncertainties and factors include general business, legal, economic, competitive, political, regulatory and social uncertainties; actual results of exploration activities and economic evaluations; fluctuations in currency exchange rates; changes in costs; future prices of gold and other minerals; mining method, production profile and mine plan; delays in exploration, development and construction activities; changes in government legislation and regulation; the ability to obtain financing on acceptable terms and in a timely manner or at all; contests over title to properties; employee relations and shortages of skilled personnel and contractors; the speculative nature of, and the risks involved in, the exploration, development and mining business. These risks are set forth in reports that TRX Gold files with the SEC. You can review and obtain copies of these filings from the SEC’s website at http://www.sec.gov/edgar.shtml.

    The information contained in this press release is as of the date of the press release and TRX Gold assumes no duty to update such information.

  • Sun Summit define múltiples objetivos de exploración no probados y amplía el programa de campo en el proyecto Buck mientras continúa la perforación

    Newsfile Corp.

    September 22, 2022·7 min read

    In this article

    • SMREF0.00%

    Vancouver, British Columbia–(Newsfile Corp. – September 22, 2022) – Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) is pleased to report that the ongoing property-wide field exploration program has been expanded with the goal to delineate additional drill targets at the 33,000 hectare Buck Project, central British Columbia. Ongoing work has increased the number of targets, but several targets remain open and require additional work to fully define and prioritize.

    Destacados

    • Numerous multi-element soil anomalies provide potential new drill targets: Broad multi-element soil anomalies identified at the IRK, Eagle Eye, Tower, Cabin and Buck West targets are considered prospective for Buck-style gold-silver-zinc mineralization. An expanded field program will focus on infill and step-out soil sampling at these targets.
    • Geochemical targets are coincident with geophysical anomalies: Most multi-element soil anomalies are coincident with previously defined high-priority geophysical anomalies.
    • Induced Polarization (IP) geophysical survey is commencing: Over 20-line kilometres of grid-based IP geophysics aimed at improving drillhole targeting will focus on the IRK and Eagle Eye zones.
    • Assays pending for exploration samples: Over 50 rock chip samples collected from outcrops at many targets have been submitted to the lab for assay and multi-element geochemistry.
    • Ongoing drilling at Buck Main: Current drilling is initially focused on targeting possible western extensions of near-surface gold-silver-zinc mineralization at Buck Main. Additional targets peripheral to Buck Main may also be tested as the program continues.
    • Significant discovery potential across the project: Results of the ongoing geochemical and geophysical exploration program will help identify and delineate additional high-priority drill targets in under-explored areas of the Buck Project.

    Sharyn Alexander, President of Sun Summit, stated, “We have now defined numerous high-priority exploration targets across the 33,000 hectare Buck Project with many targets featuring geochemical and geophysical signatures similar to the Buck Main zone. Ongoing drilling is currently focused on expanding the mineralized footprint of Buck Main. In addition, our continuing property-wide exploration is focused on generating new drill targets and making additional discoveries elsewhere on the property. Once ranking of new target areas is complete, we intend to drill test the most promising. We have always believed the Buck Project could host multiple mineralized zones beneath its nearly ubiquitous overburden cover. We’re rapidly advancing targeting to be able to test that hypothesis.”



    Figure 1. Multi-Element Geochemical Targets (Arsenic, Zinc) at the Buck Project

    Para ver una versión mejorada de este gráfico, visite:
    https://images.newsfilecorp.com/files/6142/137997_8b67cf8564fbc94a_001full.jpg

    Multi-Element Anomalies

    Results of soil geochemistry from samples previously collected across the property, as well as real-time results from a portable X-Ray fluorescence (pXRF) spectrometer of current soil samples (see news release dated 31 de agosto de 2022), have been compiled (Figure 1). Soil samples are being analyzed for gold and silver at the lab (assays pending), as the pXRF analyser does not suitably test the concentration of these precious metals.

    Disseminated gold mineralization at Buck Main is associated with sphalerite (zinc) and locally arsenopyrite (arsenic), therefore a geochemical association between gold and zinc-arsenic is observed. These elements are considered geochemical pathfinders for Buck-style gold mineralization. A high zinc-arsenic-in-soil anomaly is coincident with the footprint of the mineralization at Buck Main (Figure 1).

    The footprint of the high zinc and arsenic soil geochemical anomaly at the IRK target (see news release dated 31 de agosto de 2022) has been expanded and now covers a 16 kmarea (Figure 1). A grid-based IP survey is commencing with the primary aim of investigating the lateral and vertical extent of potential zones of sulfide-related mineralization. The IP geophysical survey at the IRK target will be completed on northeast oriented lines spaced 200 metres apart.

    The Eagle Eye target consists of a high-resistivity anomaly from a versatile time domain electromagnetic (VTEM) geophysical survey (see news release dated 11 de agosto de 2022), locally coincident with high-chargeability anomaly defined by a historic IP geophysical survey (Lloyd, 2004). The Eagle Eye target also consists of anomalous zinc and arsenic geochemistry that increases to the east where previous IP coverage is lacking. Multiple east-west oriented IP lines are planned to cover the extent of the resistivity-high and to verify and expand historic chargeability anomaly.

    Additional multi-element anomalies were also defined. The Cabin anomaly requires additional sampling to define the extent of the northwest trending high-arsenic zinc signature (Figure 1). The field crew is currently focused on infill soil sample lines at Cabin. The Tower anomaly, located between IRK and Eagle Eye, also requires tighter-spaced infill samples to fully evaluate the size and shape of the high-zinc arsenic anomaly.

    Quality Control / Quality Assurance

    Once completely dry, approximately 30 grams of semi-homogenised soil material were removed from the kraft sample bag and placed in a paper filter and labelled with the sample ID. The sample was placed in a portable Reflex XRF workstation, analysed using an Olympus Vanta VMR portable XRF through the filter and operated with the Reflex XRF software. The samples were analysed in Geochem40 mode for 60 seconds utilizing 10-15 kV and 40 kV beam element filters at 30 seconds each. Two certified standards (OREAS 25a and OREAS 131b), as well as quartz blank material, were analyzed at the beginning of each analytical session as well as systematically throughout the session at a frequency of every 10 to 20 analyses. Concentrations of copper, zinc and arsenic were primarily monitored and overall performed well.

    Persona cualificada

    Robert D. Willis, P. Eng., Senior Advisor to Sun Summit, is a “Qualified Person” as defined in National Instrument 43-101, Normas de divulgación de los proyectos mineros of the Canadian Securities Administrators, and has reviewed and approved the scientific and technical disclosure contained in this news release.

    Referencia

    Lloyd, J., 2004, A geophysical report on an induced polarization survey on the Buck Property, Omineca Mining Division, near Houston, British Columbia, Assessment Report 27458, Assessment Report Indexing System, www.aris.empr.gov.bc.ca, 45 p.

    Community Engagement

    Sun Summit is engaging with First Nations on whose territory the Buck Project is located and is discussing their interests and identifying contract and work opportunities, as well as opportunities to support community initiatives. The Company looks forward to continuing to work with local and regional First Nations as the project continues.

    About Sun Summit

    Sun Summit Minerals is an exploration company focused on expanding its gold, silver, and zinc discovery at its flagship 100% controlled Buck Project located in north-central British Columbia near the town of Houston.

    The Company is exploring multiple high priority targets through systematic exploration campaigns. The project benefits from excellent developed infrastructure and year-round drilling access. The Buck Project has high-grade and bulk-tonnage gold, silver, and zinc potential and is located in an established mining region that includes many former operating mines and current exploration projects.

    Sun Summit is committed to environmental and social responsibility with a focus on accountable development to generate positive outcomes for all stakeholders.

    Further details are available at www.sunsummitminerals.com.

    Link to Figure

    Figura 1:
    https://sunsummitminerals.com/wp-content/uploads/2022/09/Fig1_Buck_Anomalies_Sept_NR_final.jpg

    Para más información, póngase en contacto con

    Sharyn Alexander
    Presidente

    info@sunsummitminerals.com

    Tel. 778-588-9606

    Información prospectiva

    Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause such differences, without limiting the generality of the following, include: risks inherent in exploration activities; the impact of exploration competition; unexpected geological or hydrological conditions; changes in government regulations and policies, including trade laws and policies; failure to obtain necessary permits and approvals from government authorities; volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations; the ability to raise funds through private or public equity financings; environmental and safety risks including increased regulatory burdens; weather and other natural phenomena; and other exploration, development, operating, financial market and regulatory risks. Except as required by applicable securities laws and regulation, Sun Summit disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

    Ni la TSX Venture Exchange ni la Investment Industry Regulatory Organization of Canada se hacen responsables de la adecuación o exactitud de este comunicado.

    Para ver la versión original de este comunicado de prensa, visite https://www.newsfilecorp.com/release/137997

  • Purpl Scientific and Green Thumb Industries Partner to bring Rapid NIRS Testing to Cannabis Oil Production

    Purpl Scientific Inc., a division of Nynomic AG (M7U: Xetra), has signed leading Cannabis MSO, Green Thumb Industries Inc. (“Green Thumb”) (CSE: GTII) (OTCQX: GTBIF) to an R&D agreement, which aims to bring near-infrared spectroscopy (NIRS) testing for Cannabis Extracts and finished products. Preliminary results show that NIRS can compete with High-Performance Liquid Chromatography (HPLC). Purpl’s smartphone paired sensors enable highly accurate testing in seconds, by any employee, with minimal capital expense or consumables.

    Purpl Scientific

    While HPLC is considered the gold standard in terms of accuracy, and is used in state-mandated testing, it requires significant capital outlays for equipment, expensive consumables, trained technicians, and significant amounts of time per test. Purpl’s devices allow rapid testing for all points in between.

    According to Dr. Deyaa AbuSalim , Green Thumb’s National Director of Analytics and Chemistry Development, “working with Purpl has transformed the way we think about potency testing and opens up possibilities that we hadn’t imagined.”

    Purpl plans to release tests by product type: first potency for distillate, winterized CO oil, trim, and flower with more capabilities to follow. The new capabilities will allow testing of input stock (trim and flower), finished products, and intermediate steps. Supercritical CO and Ethanol tests are already being validated, with White Papers to follow. Testing will not be limited to potency, but also winterization, decarboxylation and other metrics. Product demos will be available at MJBizCon in November, with initial product release to begin January 2023 .

    About Purpl Scientific:

    Purpl Scientific Inc. (Purpl) is an innovation company dedicated to the evolution of the cannabis industry. Our products reduce the mystery and guesswork of cannabis quality and chemical composition throughout the entire lifecycle, from cultivation to consumption. We are an advanced tech organization that prides itself on simplifying complexity. We pack a ton of new generation technologies into our hand-held applications that are exceedingly powerful, amazingly fast, extremely affordable, and controlled with the click of a button. More information is available at www.purplscientific.com .

    About Green Thumb Industries:

    Green Thumb Industries Inc. (“Green Thumb”), a national cannabis consumer packaged goods company and retailer, promotes well-being through the power of cannabis while giving back to the communities in which it serves. Green Thumb manufactures and distributes a portfolio of branded cannabis products and also owns and operates rapidly growing national retail cannabis stores called RISE. Headquartered in Chicago, Illinois , Green Thumb has 17 manufacturing facilities, 77 open retail locations and operations across 15 U.S. markets. More information is available at www.GTIgrows.com .

    Green Thumb Industries

    Cision Ver contenido original para descargar multimedia: https://www.prnewswire.com/news-releases/purpl-scientific-and-green-thumb-industries-partner-to-bring-rapid-nirs-testing-to-cannabis-oil-production-301640928.html

    SOURCE Purpl Scientific

    News Provided by PR Newswire via QuoteMedia

    Green Thumb IndustriesGTII:CNXGTBIFCannabis Investing

    GTII:CNX,GTBIF

    Red de Noticias de Inversión

    03 October

    Trulieve Announces October 2022 Event Participation

    Trulieve Cannabis Corp. (CSE: TRUL ) (OTCQX: TCNNF ) (“Trulieve” or “the Company”), a leading and top-performing cannabis company in the U.S., today announced planned participation in upcoming conferences and events in October.

    Trulieve logo (PRNewsfoto/Trulieve Cannabis Corp.)
    •  Alliance Global Partners Virtual Consumer Cannabis Conference, October 4, 2022 : President Steve White will participate in a fireside chat and investor meetings.
    •  Arcview Access Cannabis Investment Summit, October 20, 2022 : Founder and CEO Kim Rivers will participate in a panel discussion.

    Information about our events, links to events where available, and slide presentations can be found at:
    https://investors.trulieve.com/events-presentations

    About Trulieve
    Trulieve is an industry leading, vertically integrated cannabis company and multi-state operator in the U.S., with established hubs in the Northeast, Southeast, and Southwest, anchored by leading market positions in Arizona, Florida, and Pennsylvania. Trulieve is poised for accelerated growth and expansion, building scale in retail and distribution in new and existing markets through its hub strategy. By providing innovative, high-quality products across its brand portfolio, Trulieve delivers optimal customer experiences and increases access to cannabis, helping patients and customers to live without limits. Trulieve is listed on the CSE under the symbol TRUL and trades on the OTCQX market under the symbol TCNNF. For more information, please visit Trulieve.com .

    Facebook: @Trulieve
    Instagram: @Trulieve _
    Twitter: @Trulieve

    Contacto con los inversores
    Christine Hersey , Executive Director of Investor Relations
    +1 (424) 202-0210
    Christine.Hersey@Trulieve.com

    Contacto con los medios de comunicación
    Rob Kremer , Executive Director of Corporate Communications
    +1 (404) 218-3077
    Robert.Kremer@Trulieve.com

    Cision Ver contenido original para descargar multimedia: https://www.prnewswire.com/news-releases/trulieve-announces-october-2022-event-participation-301638626.html

    SOURCE Trulieve Cannabis Corp.

    Cision Ver contenido original para descargar multimedia: http://www.newswire.ca/en/releases/archive/October2022/03/c6205.html

    News Provided by Canada Newswire via QuoteMedia

  • Cronos Group and Ginkgo Bioworks Announce Achievement of THCV Equity Milestone

    Simply Wall St

    TORONTO and BOSTON, June 21, 2022 /PRNewswire/ — Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos”), an innovative global cannabinoid company, and Ginkgo Bioworks (NYSE: ADN) (“Ginkgo”), the leading horizontal platform for cell programming, today announced the achievement of the third target productivity milestone in their partnership to produce eight cultured cannabinoids. Using Ginkgo’s platform for organism design and development, Cronos has successfully achieved the productivity target for tetrahydrocannabivarin (THCV), a cannabinoid hypothesized to reduce the appetite-enhancing property of THC. Access to additional rare cannabinoids will support Cronos’ innovation pipeline and commercialization strategy.

    Launched in 2018 with the goal of accessing rare molecules in the cannabis plant to create innovative and differentiated products that would otherwise be cost-prohibitive, the partnership between Cronos and Ginkgo aims to produce cultured cannabinoids at industrial scale. The program combines Cronos’ deep understanding of the biological structure and function of cannabinoids with Ginkgo’s vast experience designing microorganisms for the production of cultured products across pharmaceuticals, agriculture and more.

    In August 2021, Ginkgo and Cronos anunciado the achievement of its first equity milestone for cannabigerolic acid (CBGA). In October 2021, Cronos lanzado its first cultured CBG product, SPINACH FEELZ™ Chill Bliss 2:1 THC|CBG gummy, which quickly gained consumer awareness, and according to Hifyre data has achieved 2.4% market share in the gummies category in Canada as of the week-ended June 11, 2022. Cronos went on to launch its SPINACH FEELZ™ Chill Bliss 7:1 THC|CBG vape in January 2022.

    “Continuing to hit these productivity milestones in partnership with Ginkgo fuels our innovation pipeline focused on creating borderless products utilizing rare cannabinoids that amplify and differentiate the consumer experience,” said Mike Gorenstein, Chairman, President and CEO of Cronos. “We are excited about the possibilities that THCV is expected to give us and look forward to getting more products with rare cannabinoids into market.”

    “Working with Cronos to develop innovations in cannabis is an opportunity for us to apply synthetic biology in a way that is helping bring the cannabis industry forward and make a real impact on its market and the customers it serves,” said Jason Kelly, CEO and cofounder of Ginkgo Bioworks. “The progress we’ve made thus far in our collaboration is a true testament to both the potential of synthetic biology and the world-class teams at Cronos and Ginkgo.”

    As a result of the achievement of the final productivity target for THCV, Cronos has issued to Ginkgo approximately 2.2 million common shares.

    About Cronos
    Cronos is an innovative global cannabinoid company committed to building disruptive intellectual property by advancing cannabis research, technology and product development. With a passion to responsibly elevate the consumer experience, Cronos  is building an iconic brand portfolio. Cronos diverse international brand portfolio includes Spinach®, PEACE NATURALS®, Lord Jones®, Happy Dance® and PEACE+™. For more information about Cronos and its brands, please visit: thecronosgroup.com.

    CRONOS MEDIA CONTACT:
    media.relations@thecronosgroup.com 

    CRONOS INVESTOR CONTACT:
    investor.relations@thecronosgroup.com 

    About Ginkgo Bioworks
    Ginkgo is building a platform to enable customers to program cells as easily as we can program computers. The company’s platform is enabling biotechnology applications across diverse markets, from food and agriculture to industrial chemicals to pharmaceuticals. Ginkgo has also actively supported a number of COVID-19 response efforts, including K-12 pooled testing, vaccine manufacturing optimization and therapeutics discovery. For more information, visit www.ginkgobioworks.com.

    GINKGO BIOWORKS INVESTOR CONTACT:
    investors@ginkgobioworks.com

    GINKGO BIOWORKS MEDIA CONTACT:
    press@ginkgobioworks.com

    Forward-looking Statements of Cronos Group Inc.
    This press release may contain information that may constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable Canadian and U.S. securities laws (collectively, “Forward-looking Statements”). All information contained herein that is not clearly historical in nature may constitute Forward-looking Statements. In some cases, Forward-looking Statements can be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify Forward-looking Statements. Forward-Looking Statements include estimates, plans, expectations, opinions, forecasts, projections, targets, guidance or other statements that are not statements of historical fact. Forward-Looking Statements include, but are not limited to, statements with respect to: Cronos’ expectations regarding the potential success of, and the costs and benefits associated with, its partnership with Ginkgo; expectations about the development of the cannabis industry and potential demand for cultured cannabinoids; Cronos’ commercialization and planned THCV product launch; the partnership’s aim to develop eight cultured cannabinoids; Cronos’ and Ginkgo’s positioning to elevate the cannabis industry through cannabinoid and product innovation to unlock the next generation of its potential; the use of Cronos’ and Ginkgo’s combined capabilities to make the benefits of cannabinoids more accessible to consumers; and Cronos’ intention to build an international iconic brand portfolio and develop disruptive intellectual property. Forward-looking Statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive risks, financial results, results, performance or achievements expressed or implied by those Forward-looking Statements and the Forward-looking Statements are not guarantees of future performance. A discussion of some of the material risks applicable to the Company can be found in the Cronos’ Annual Report on Form 10-K for the year ended December 31, 2021 and Quarterly Report on Form 10-Q for the period ended March 31, 2022, both have which been filed on SEDAR and EDGAR and can be accessed at www.sedar.com y www.sec.gov/edgar, respectively. Any Forward-looking Statement included in this press release is made as of the date of this press release and, except as required by law, Cronos disclaims any obligation to update or revise any Forward-looking Statement. Readers are cautioned not to put undue reliance on any Forward-looking Statement.

    Forward-Looking Statements of Ginkgo Bioworks 
    This press release contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the potential success of the partnership and Ginkgo’s cell programming platform. These forward-looking statements generally are identified by the words “believe,” “can,” “project,” “potential,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) the effect of Ginkgo’s business combination with Soaring Eagle Acquisition Corp. (“Soaring Eagle”) on Ginkgo’s business relationships, performance, and business generally, (ii) risks that the business combination disrupts current plans of Ginkgo and potential difficulties in Ginkgo’s employee retention, (iii) the outcome of any legal proceedings that may be instituted against Ginkgo related to its business combination with Soaring Eagle, (iv) volatility in the price of Ginkgo’s securities now that it is a public company due to a variety of factors, including changes in the competitive and highly regulated industries in which Ginkgo operates and plans to operate, variations in performance across competitors, changes in laws and regulations affecting Ginkgo’s business and changes in the combined capital structure, (v) the ability to implement business plans, forecasts, and other expectations after the completion of the business combination, and identify and realize additional opportunities, (vi) the risk of downturns in demand for products using synthetic biology, (vii) the unpredictability of the duration of the COVID-19 pandemic and the demand for COVID-19 testing and the commercial viability of our COVID-19 testing business, and (viii) changes to the biosecurity industry, including due to advancements in technology, emerging competition and evolution in industry demands, standards and regulations. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Ginkgo’s quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 16, 2022 and other documents filed by Ginkgo from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Ginkgo assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Ginkgo does not give any assurance that it will achieve its expectations.

    SOURCE Ginkgo Bioworks

  • LUXXFOLIO Launches Immersion Mining and Substantially Reduces Debt

    VANCOUVER, BC, Aug. 10, 2022 /CNW/ – LUXXFOLIO Holdings Inc. (the “Company” or “LUXXFOLIO” which includes reference to its subsidiaries) (CSE: LUXX) (OTCQB: LUXFF) (Frankfurt/Berlin: LUH), announces that it has agreed to a debt settlement arrangement (the “Liquidación de deudas“) with its major lender (the “Lender“). Under the Debt Settlement, the Company will reduce its debt by approximately USD$5.8mm (the “Deuda“) in exchange for a reduction to its current mining fleet by approximately 1900 machines (the “Miners“). The Debt represents the Company’s entire obligation to the Lender and substantially all the Company’s long-term debt. The Miners represent substantially all the remaining mining machines that were directly acquired by the Company via asset backed financing facilities with the Lender.

    Logo (CNW Group/Luxxfolio Holdings Inc.)
    Logo (CNW Group/Luxxfolio Holdings Inc.)

    To facilitate and simplify the Debt Settlement, the Company agreed, at the Lender’s request, to have an event of default occur under the existing financing agreements to permit the Lender to execute its right under such agreements to take ownership of the Miners in full satisfaction of the Debt. The Debt Settlement is subject to the delivery of the Miners to the Lender and the Lender’s satisfactory inspection of them.

    This is a strategic move to manage risk in the volatile bitcoin mining industry and the general market conditions.  LUXXFOLIO gains financial flexibility and capacity in our New Mexico site to aggressively pursue our immersion mining strategy.

    LUXXFOLIO believes immersion is the future of mining and provides a risk-reduced business strategy for mining. With immersion mining, LUXXFOLIO collects consistent monthly hosting revenue, plus the bitcoin mined through the overclocking of hashrate – as high as 50%.  This strategy reduces the significant capital required to procure and maintain current generation ASIC miners.

    Immersion also provides benefits for a longer life cycle for mining equipment, a stable environment, and consistent temperatures year-round, even in warmer climates. The Company’s initial immersion system commenced mining operations on August 8, 2022.

    LUXXFOLIO will continue to leverage relationships developed with the Navajo Nation, benefitting from affordable green energy in climates and locations that otherwise would not be suitable for mining.

    Please check out https://www.luxxfolio.com/immersion for further info.

    About LUXXFOLIO

    LUXXFOLIO Holdings Inc. is a publicly traded digital asset company based in Canada. It operates an industrial scale cryptocurrency mining facility in the United States powered predominately by renewable energy with a focus on the blockchain ecosystem and generation of digital assets. LUXXFOLIO provides a liquid alternative for exposure to digital assets for the broader capital markets.

    Follow us on:

    • Twitter en LuxxfolioH
    • The Company diligently posts updates through videos from the official company YouTube channel at: Canal de YouTube
    • Please join the conversation on our LUXXFOLIO Holdings supporter’s Telegram group at: https://t.me/Luxxfolio

    The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

    Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “anticipated”, “will be”, or variations of such words and phrases or statements that certain actions, events, or results “will” occur. Forward-looking statements regarding the Company, its hosting operations, immersion, miners, and the Company’s development of its growth strategy are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

    Cision
    Cision

    Ver contenido original para descargar multimedia:https://www.prnewswire.com/news-releases/luxxfolio-launches-immersion-mining-and-substantially-reduces-debt-301603892.html

    SOURCE Luxxfolio Holdings Inc.

    Cision
    Cision

    Ver contenido original para descargar multimedia: http://www.newswire.ca/en/releases/archive/August2022/10/c1801.html

    https://ca.finance.yahoo.com/news/luxxfolio-launches-immersion-mining-substantially-233100374.html
  • (no title)

    Tilray Medical Relaunches Cannabis Oral Solution Across Ireland

    Tilray’s Medical Cannabis Product Now Available and Reimbursed Under Ireland’s Medical Cannabis Access Program

    October 04, 2022 07:00 ET | Source: Tilray Brands, Inc

    LEAMINGTON, Ontario and CANTANHEDE, Portugal, Oct. 04, 2022 (GLOBE NEWSWIRE) — Tilray Brands, Inc. (“Tilray” or the “Company”) (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis company inspiring and empowering the worldwide community to live their very best life, today announced that it has successfully relaunched its EU GMP-produced medical cannabis oral solution in Ireland under the country’s Medical Cannabis Access Program (MCAP). Tilray’s approved product has also recently received reimbursement approval, which gives patients cost reimbursement and ensures more eligible patients can access quality medical cannabis under Ireland’s MCAP.

    Denise Faltischek, Tilray Brands’ Chief Strategy Officer and Head of International Business, said, “We are extremely proud to relaunch in Ireland with an expanded footprint. The MCAP reimbursement approval is a tremendous step in providing patients with greater access to Tilray’s high-quality medical cannabis products that address their needs. We remain dedicated to do our part to increase access for patients in need around the world.”

    Patients in Ireland may now access Tilray’s full-spectrum medical cannabis oil solution through the MCAP. Tilray intends to supply Irish patients with its full suite of medical cannabis products when local regulations allow.

    Tilray Medical is a leading provider of EU-GMP certified medical cannabis products in 22 countries with a comprehensive portfolio of THC and CBD products. Each medical cannabis product that Tilray offers has been selected to ensure patients can receive both the highest product quality as well as consistency when it comes to supply of their medicinal cannabis products.

    About Tilray Medical 
    Tilray Medical is dedicated to transforming lives and fostering dignity for patients in need through safe and reliable access to a global portfolio of medical cannabis brands, including Tilray, Aphria, Broken Coast, and Symbios. Tilray grew from being one of the first companies to become an approved licensed producer of medical cannabis in Canada to building the first EU-GMP-certified cannabis production facilities in Europe, first in Portugal and later in Germany. Today, Tilray Medical is one of the biggest suppliers of medical cannabis brands to patients, physicians, hospitals, pharmacies, researchers, and governments, in 22 countries and across five continents.

    For more information on medical cannabis and Tilray Medical, visit www.Tilray.com/tilray-medical y seguir @tilraymedical en Instagram.

    About Tilray Brands

    Tilray Brands, Inc. (Nasdaq: TLRY; TSX: TLRY), is a leading global cannabis-lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is changing people’s lives for the better – one person at a time. Tilray Brands delivers on this mission by inspiring and empowering the worldwide community to live their very best life and providing access to products that meet the needs of their mind, body, and soul while invoking wellbeing. Patients and consumers trust Tilray Brands to deliver a cultivated experience and health and wellbeing through high-quality, differentiated brands and innovative products. A pioneer in cannabis research, cultivation, and distribution, Tilray’s unprecedented production platform supports over 20 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.

    For more information on Tilray Brands, visit www.Tilray.com and join the conversation @Tilray.

    Declaraciones prospectivas

    Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations concerning, among other things: expectations regarding the performance and scale of the Company, including Tilray Medical; and the Company’s ability to expand its offering to patients worldwide, including via Tilray Medical. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities laws.

    Para más información:

    Medios de comunicación
    Berrin Noorata
    news@tilray.com

    Inversores
    Rafael Gross
    203-682-8253
    Raphael.Gross@icrinc.com

  • Green Thumb Industries to Hold Third Quarter 2022 Earnings Conference Call on November 2, 2022

    CHICAGO and VANCOUVER, British Columbia, Sept. 28, 2022 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, today announced it will release third quarter financial results after the market closes on Wednesday, November 2, 2022.

    A conference call and audio webcast will also be held on Wednesday, November 2, 2022, at 5:00 p.m. Eastern Time/4:00 p.m. Central Time to discuss the results and answer any questions.

    Participants may pre-register for the live conference call any time prior to the start of the call by navigating to https://dpregister.com/sreg/10171308/f484a984c4 and entering their contact information. You will then receive a personalized phone number and PIN to dial into the live conference call.

    About Green Thumb Industries:
    Green Thumb Industries Inc. (“Green Thumb”), a national cannabis consumer packaged goods company and retailer, promotes well-being through the power of cannabis while giving back to the communities in which it serves. Green Thumb manufactures and distributes a portfolio of branded cannabis products including &Shine, Beboe, Dogwalkers, Doctor Solomon’s, Good Green, incredibles and RYTHM. The company also owns and operates rapidly growing national retail cannabis stores called RISE. Headquartered in Chicago, Illinois, Green Thumb has 17 manufacturing facilities, 77 open retail locations and operations across 15 U.S. markets. Established in 2014, Green Thumb employs approximately 4,000 people and serves millions of patients and customers each year. The company was named to Crain’s Fast 50 list in 2021 and 2022 and a Best Workplace by MG Retailer magazine in 2018, 2019 and 2021. More information is available at www.GTIgrows.com.

    Contacto con los inversores:Contacto con los medios de comunicación:
    Andy GrossmanMATTIO Communications
    EVP, Capital Markets & Investor RelationsGTI@mattio.com
    InvestorRelations@gtigrows.com 
    310-622-8257 

    Source: Green Thumb Industries

  • Is Cronos Australia Limited’s (ASX:CAU) Stock’s Recent Performance Being Led By Its Attractive Financial Prospects?

    Cronos Australia (ASX:CAU) has had a great run on the share market with its stock up by a significant 172% over the last three months. Given the company’s impressive performance, we decided to study its financial indicators more closely as a company’s financial health over the long-term usually dictates market outcomes. Specifically, we decided to study Cronos Australia’s ROE in this article.

    Return on equity or ROE is a key measure used to assess how efficiently a company’s management is utilizing the company’s capital. Put another way, it reveals the company’s success at turning shareholder investments into profits.

    See our latest analysis for Cronos Australia

    How To Calculate Return On Equity?

    Return on equity can be calculated by using the formula:

    Return on Equity = Net Profit (from continuing operations) ÷ Shareholders’ Equity

    So, based on the above formula, the ROE for Cronos Australia is:

    23% = AU$6.0m ÷ AU$26m (Based on the trailing twelve months to June 2022).

    The ‘return’ is the yearly profit. So, this means that for every A$1 of its shareholder’s investments, the company generates a profit of A$0.23.

    Why Is ROE Important For Earnings Growth?

    Thus far, we have learned that ROE measures how efficiently a company is generating its profits. We now need to evaluate how much profit the company reinvests or “retains” for future growth which then gives us an idea about the growth potential of the company. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don’t have the same features.

    A Side By Side comparison of Cronos Australia’s Earnings Growth And 23% ROE

    To begin with, Cronos Australia has a pretty high ROE which is interesting. Even when compared to the industry average of 23% the company’s ROE is pretty decent. Therefore, it might not be wrong to say that the impressive five year 36% net income growth seen by Cronos Australia was probably achieved as a result of the high ROE.

    We then performed a comparison between Cronos Australia’s net income growth with the industry, which revealed that the company’s growth is similar to the average industry growth of 33% in the same period.

    past-earnings-growth
    past-earnings-growth

    Earnings growth is a huge factor in stock valuation. It’s important for an investor to know whether the market has priced in the company’s expected earnings growth (or decline). By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Is Cronos Australia fairly valued compared to other companies? These 3 valuation measures might help you decide.

    Is Cronos Australia Using Its Retained Earnings Effectively?

    Cronos Australia’s significant three-year median payout ratio of 80% (where it is retaining only 20% of its income) suggests that the company has been able to achieve a high growth in earnings despite returning most of its income to shareholders.

    Existing analyst estimates suggest that the company’s future payout ratio is expected to drop to 25% over the next three years. Accordingly, the expected drop in the payout ratio explains the expected increase in the company’s ROE to 37%, over the same period.

    Resumen

    On the whole, we feel that Cronos Australia’s performance has been quite good. Especially the high ROE, Which has contributed to the impressive growth seen in earnings. Despite the company reinvesting only a small portion of its profits, it still has managed to grow its earnings so that is appreciable. Up till now, we’ve only made a short study of the company’s growth data. You can do your own research on Cronos Australia and see how it has performed in the past by looking at this FREE detailed graph of past earnings, revenue and cash flows.

    Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

    Join A Paid User Research Session
    You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here

    https://s.yimg.com/rq/darla/4-10-1/html/r-sf.html
  • LUXXFOLIO Launches Immersion Mining and Substantially Reduces Debt

    VANCOUVER, BC, Aug. 10, 2022 /CNW/ – LUXXFOLIO Holdings Inc. (the “Company” or “LUXXFOLIO” which includes reference to its subsidiaries) (CSE: LUXX) (OTCQB: LUXFF) (Frankfurt/Berlin: LUH), announces that it has agreed to a debt settlement arrangement (the “Liquidación de deudas“) with its major lender (the “Lender“). Under the Debt Settlement, the Company will reduce its debt by approximately USD$5.8mm (the “Deuda“) in exchange for a reduction to its current mining fleet by approximately 1900 machines (the “Miners“). The Debt represents the Company’s entire obligation to the Lender and substantially all the Company’s long-term debt. The Miners represent substantially all the remaining mining machines that were directly acquired by the Company via asset backed financing facilities with the Lender.

    Logo (CNW Group/Luxxfolio Holdings Inc.)
    Logo (CNW Group/Luxxfolio Holdings Inc.)

    To facilitate and simplify the Debt Settlement, the Company agreed, at the Lender’s request, to have an event of default occur under the existing financing agreements to permit the Lender to execute its right under such agreements to take ownership of the Miners in full satisfaction of the Debt. The Debt Settlement is subject to the delivery of the Miners to the Lender and the Lender’s satisfactory inspection of them.

    This is a strategic move to manage risk in the volatile bitcoin mining industry and the general market conditions.  LUXXFOLIO gains financial flexibility and capacity in our New Mexico site to aggressively pursue our immersion mining strategy.

    LUXXFOLIO believes immersion is the future of mining and provides a risk-reduced business strategy for mining. With immersion mining, LUXXFOLIO collects consistent monthly hosting revenue, plus the bitcoin mined through the overclocking of hashrate – as high as 50%.  This strategy reduces the significant capital required to procure and maintain current generation ASIC miners.

    Immersion also provides benefits for a longer life cycle for mining equipment, a stable environment, and consistent temperatures year-round, even in warmer climates. The Company’s initial immersion system commenced mining operations on August 8, 2022.

    LUXXFOLIO will continue to leverage relationships developed with the Navajo Nation, benefitting from affordable green energy in climates and locations that otherwise would not be suitable for mining.

    Please check out https://www.luxxfolio.com/immersion for further info.

    About LUXXFOLIO

    LUXXFOLIO Holdings Inc. is a publicly traded digital asset company based in Canada. It operates an industrial scale cryptocurrency mining facility in the United States powered predominately by renewable energy with a focus on the blockchain ecosystem and generation of digital assets. LUXXFOLIO provides a liquid alternative for exposure to digital assets for the broader capital markets.

    Follow us on:

    • Twitter en LuxxfolioH
    • The Company diligently posts updates through videos from the official company YouTube channel at: Canal de YouTube
    • Please join the conversation on our LUXXFOLIO Holdings supporter’s Telegram group at: https://t.me/Luxxfolio

    The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

    Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “anticipated”, “will be”, or variations of such words and phrases or statements that certain actions, events, or results “will” occur. Forward-looking statements regarding the Company, its hosting operations, immersion, miners, and the Company’s development of its growth strategy are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

    Cision
    Cision

    Ver contenido original para descargar multimedia:https://www.prnewswire.com/news-releases/luxxfolio-launches-immersion-mining-and-substantially-reduces-debt-301603892.html

    SOURCE Luxxfolio Holdings Inc.

    Cision
    Cision

    Ver contenido original para descargar multimedia: http://www.newswire.ca/en/releases/archive/August2022/10/c1801.html

  • TAAL ANNOUNCES ITS TRANSITION TO A METANET SERVICE PROVIDER

    WEBINAR SEPTEMBER 7TH AT 11:00AM EST – ENABLING METANET SERVICES, THE NEXT ERA OF GLOBAL DATA COMMERCE

    https://investorscene.com/bigg-terrazero-loi/

    TORONTO, Aug. 30, 2022 /CNW/ – TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) (“TAAL" o el "Empresa“), a vertically integrated blockchain infrastructure and service provider for enterprise, announces its transition to a Metanet Service Provider. Metanet is the next generation of global data commerce, whereby transactions are completed without third-party intervention. Metanet evolves TAAL’s base business of capturing blockchain subsidies towards the monetization of blockchain transactions as a service platform and will drive the next leg of growth for the Company.

    TAAL Distributed Information Technologies Inc. logo (CNW Group/Taal Distributed Information Technologies Inc.)

    Online Webinar Details

    To discuss this evolution of its blockchain hashing operations to monetize its new suite of Metanet solutions and services, TAAL’s CEO Richard Baker will host a webinar for industry professionals and investors. Mr. Baker will discuss TAAL’s transition to a Metanet Service Provider, how the Company is positioned today, provide an overview of TAAL’s offerings, and detail the size of the market opportunity. There will be an opportunity to ask questions at the end of the presentation.

    Date: Wednesday, September 7, 2022
    Time: 11:00am EST
    Register Here: https://taal.zoom.us/webinar/register/7316613760960/WN_TPWRaeQfRJ-rqU_RzsihRA

    While Block Rewards Will Continue to Drive Near-term Revenue, Metanet Services are the Future

    Over the last several years, TAAL has built and operated diversified blockchain infrastructure, with over 450 PH/s of blockchain computing power currently online and a goal of 2 EH/s by early 2024. The Company can deploy its blockchain cloud computing power across all three SHA-256 based blockchain networks – Bitcoin Core (“BTC“), BitcoinSV (“BSV“), and Bitcoin Cash (“BCH“) – switching chains economically and dynamically to optimize yield.

    Although TAAL has been primarily deriving its revenues from block rewards, the future lies beyond block subsidies. While the Company will continue its blockchain computing operations (a key block subsidy revenue driver in the short to medium term) management has strategically positioned TAAL to capture revenue from BSV blockchain transaction processing fees. As part of this strategy, TAAL has built a suite of software offerings that enable the Company to become a Metanet Service Provider, ensuring additional revenue streams and the long-term sustainability of the business.

    Moving Toward Becoming the Leading Metanet Service Provider

    Underpinning the next era of global data commerce is the rise of Web 3.0 and Metaverse applications and a Metanet, a new Internet used as a direct exchange of value. TAAL aims to ignite a peer-to-peer network that empowers organizations and individuals to connect directly with the entities they transact with, removing intermediaries and custodial services. As a Metanet Service Provider, TAAL will help transform the way the world sends and receives value.

    As blockchain enabled applications evolve, TAAL aims to be at the forefront of this new Web 3.0 platform enabled economy. By 2031, there will be no more block rewards for BTC, BSV, and BTC. Plus, continued halving events on these blockchains will also half block rewards upon each event. This model is not sustainable and therefore, TAAL has evolved its business to leverage underlying blockchain utility to collect transaction processing fees. As blockchains are integrated into the next generation of the Internet, these daily transactions could number in the billions to trillions globally.

    TAAL has Already Been Building for the Future

    Today, TAAL has dozens of customers spanning numerous industries from Gaming, Internet of Things, Supply Chain to Financial Services – all using TAAL’s blockchain as a utility network. As blockchain technology development continues at a rapid pace and companies develop new tools and solutions for their customer segments, TAAL will derive future revenue as their Metanet Service Provider.

    Large Market Opportunity and Robust Funding

    The Future of the Web 3.0 market alone represents a $81.5 billion market by 2030, according to EMERGEN Research. El Crunchbase Web 3.0 Tracker already shows 15,366 companies have raised $88B in funding to date, with 79 Unicorns already created. BLOCKDATA notes that 40 companies invested $6B into blockchain startups between September 2021 and June 2022, with Alphabet providing over $1.5B of investments. We are seeing unpresented investment in the application, transactional and infrastructure layers to the Web 3.0 ecosystem and TAAL participates in all three layers of this innovative global market.

    (https://www.blockdata.tech/blog/general/top-100-public-companies-investing-in-blockchain-and-crypto-companies)

    Please join us as CEO Richard Baker will provide an update on TAAL and the Company’s transition followed by an opportunity to ask questions on September 7. To register for the webinar click here.

    About TAAL Distributed Information Technologies Inc.

    TAAL Distributed Information Technologies Inc. delivers value-added blockchain services, providing professional-grade, highly scalable blockchain infrastructure and transactional platforms to support businesses building solutions and applications on the BSV platform, and developing, operating, and managing distributed computing systems for enterprise users. BitcoinSV Blockchain is the world’s largest public blockchain by all major utility metrics, data storage, daily transaction volume, scaling ability, and average block size.

    For more information please visit – www.taal.com/investors

    Neither the CSE, nor its Regulation Services Provider, accepts any responsibility for the adequacy or accuracy of this release.

    ADVERTENCIA SOBRE LA INFORMACIÓN PROSPECTIVA

    Certain statements included in this news release constitute “forward-looking information” as defined under applicable Canadian securities legislation. The words “will”, “intends”, “expects” and similar expressions are intended to identify forward-looking information, although not all forward-looking information will contain these identifying words. Specific forward-looking information contained in this news release includes but is not limited to statements regarding: the future demand for Metanet Services, the Company’s future services offerings, TAAL’s future computing power and capacity; development plans and redeployment of activities in North America, geopolitical risks to operations and TAAL’s business and strategic plans. These statements are based on factors and assumptions related to historical trends, current conditions and expected future developments. Since forward-looking information relates to future events and conditions, by its very nature it requires making assumptions and involves inherent risks and uncertainties. TAAL cautions that although it is believed that the assumptions are reasonable in the circumstances, these risks and uncertainties give rise to the possibility that actual results may differ materially from expectations. Material risk factors include the future acceptance of Bitcoin SV and other digital assets and risks related to information processing using those platforms, the ability for TAAL to leverage intellectual property into viable income streams and other risks set out in TAAL’s Annual Information Form dated March 31, 2022, under the heading “Risk Factors” and elsewhere in TAAL’s continuous disclosure filings available on SEDAR at www.sedar.com. Given these risks, undue reliance should not be placed on the forward-looking information contained herein. Other than as required by law, TAAL undertakes no obligation to update any forward-looking information to reflect new information, subsequent or otherwise.

    SOURCE Taal Distributed Information Technologies Inc.

    Cision
    Cision

    Ver contenido original para descargar multimedia: http://www.newswire.ca/en/releases/archive/August2022/30/c7343.html

  • BIGG Digital Assets Inc. La empresa de cartera TerraZero firma una carta de intenciones para cotizar en la TSX-V

    BIGG Digital Assets Inc.

    VANCOUVER, British Columbia, Sept. 23, 2022 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. ("BIGG" o la "Compañía") (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W)propietario de Netcoins (Netcoins.ca) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, and owner of Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a leading developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased to announce that its portfolio company TerraZero Technologies Inc. (“TerraZero”) has signed a letter of intent (“LOI”) with Whatcom Capital II Corp. which would result in TerraZero becoming publicly traded via a reverse take-over (“RTO”) transaction.

    Los detalles completos de la LOI pueden encontrarse aquí:
    https://www.newsfilecorp.com/release/138117

    Dan Reitzik, founder and CEO of Terrazero Technologies Inc. commented, “TerraZero is a well capitalized, revenue producing company with three main business divisions. Our studio division creates immersive metaverse activations for global brands and companies. Our technology division creates solutions to bridge the real world with the virtual world, and our data analytics division aggregates data from across the metaverse to help guide the Company’s and our clients’ decision making. I see the metaverse as simply the next version of the internet as we know it today, but instead of a 2D environment, it is a 3D environment providing greater engagement between brands and consumers, and between people themselves. There will soon be significant consolidation and opportunities in the metaverse and Web 3 space, and TerraZero will be positioned to capitalize on these as needed.”

    BIGG CEO, Mark Binns, comments “We are thrilled that TerraZero has entered into an LOI to begin the process of going public via RTO. TerraZero is a market leader in the Metaverse development space with clients like Miller Lite, Atlantic Records and Jimmy John’s. BIGG invested in TerraZero as an early stage private company knowing that our support, coupled with their leadership and vision, could create a true leader in the emerging Web 3 and metaverse space. We wish TerraZero success in completing their RTO and becoming listed on the TSX-V.”

    En nombre del Consejo

    Mark Binns
    CEO
    ir@biggdigitalassets.com

    Relaciones con los inversores

    Victoria Rutherford
    Victoria@adcap.ca
    T: 1.480.625.5772

    Acerca de BIGG Digital Assets Inc.
    BIGG Digital Assets Inc. (BIGG) cree que el futuro de las criptomonedas es un entorno seguro, conforme y regulado. BIGG invierte en productos y empresas que apoyan esta visión. BIGG tiene cuatro empresas en cartera: Netcoins (netcoins.ca), Blockchain Intelligence Group (blockchaingroup.io), TerraZero (terrazero.com) y Luxxfolio (luxxfolio.com).

    Grupo de Inteligencia Blockchain construye tecnología para impulsar el cumplimiento y la inteligencia para el futuro de las criptomonedas. Los bancos y las empresas de criptografía dependen de nuestra tecnología para controlar el riesgo de las transacciones de criptografía. Los investigadores y las fuerzas de seguridad identifican y rastrean rápidamente las actividades ilícitas. Los bancos, las empresas de criptomonedas, las fuerzas de seguridad, las empresas de tecnología financiera, las empresas de tecnología de regulación y los gobiernos confían en Blockchain Intelligence Group en todo el mundo.

    Netcoins desarrolla software de corretaje y de intercambio para hacer que la compra y la venta de criptodivisas sean fácilmente accesibles para el consumidor y el inversor de masas con un enfoque en el cumplimiento y la seguridad. Netcoins utiliza BitRank Verified® en el corazón de su plataforma y facilita el comercio de criptomonedas a través de un portal de corretaje de criptomonedas de autoservicio en Netcoins.app.

    TerraZero es un grupo de desarrollo del Metaverso integrado verticalmente y una empresa líder en tecnología Web 3.0 especializada en el espacio del Metaverso. La visión agnóstica del Metaverso de la compañía es desarrollar, adquirir y financiar las compañías, empresarios y desarrolladores más prometedores del Metaverso. TerraZero también es propietaria de bienes inmuebles digitales y proporciona oficinas y servicios a los interesados en el Metaverso. BIGG posee ~30% de TerraZero.

    Luxxfolio es una empresa de activos digitales integrada verticalmente que cotiza en bolsa y tiene su sede en Canadá. Explota una instalación de minería de criptomonedas a escala industrial en los Estados Unidos alimentada principalmente por energía renovable con un enfoque en el ecosistema de blockchain y la generación de activos digitales. Luxxfolio proporciona una alternativa líquida de exposición a los activos digitales para los mercados de capitales más amplios. BIGG posee ~15% de Luxxfolio.

    Para más información y para inscribirse en la lista de correo de BIGG, visite nuestro sitio web https://www.biggdigitalassets.com.  Or visit SEDAR at www.sedar.com.

    Declaraciones prospectivas:
    Algunas de las declaraciones contenidas en este comunicado son declaraciones prospectivas, que incluyen la finalización del software de tecnología de búsqueda y otros asuntos. Las declaraciones prospectivas consisten en declaraciones que no son puramente históricas, incluyendo cualquier declaración relativa a creencias, planes, expectativas o intenciones sobre el futuro. Este tipo de información puede identificarse generalmente por el uso de expresiones prospectivas como "puede", "espera", "estima", "anticipa", "pretende", "cree" y "continúa" o sus variantes negativas o similares. Se advierte a los lectores que no deben confiar excesivamente en las declaraciones prospectivas, ya que no se puede garantizar que los planes, intenciones o expectativas en los que se basan se vayan a cumplir. Por su naturaleza, las declaraciones prospectivas implican numerosas suposiciones, riesgos conocidos y desconocidos e incertidumbres, tanto generales como específicas, que contribuyen a la posibilidad de que las predicciones, estimaciones, previsiones, proyecciones y otras declaraciones prospectivas no se produzcan. Estas suposiciones, riesgos e incertidumbres incluyen, entre otras cosas, el estado de la economía en general y de los mercados de capitales en particular, así como otros factores, muchos de los cuales están fuera del control de BIGG. Las declaraciones prospectivas contenidas en este comunicado de prensa están expresamente matizadas por esta advertencia. No debe depositarse una confianza indebida en la información prospectiva, ya que BIGG no puede garantizar que sea correcta. Entre los factores importantes que podrían hacer que los resultados reales difieran materialmente de las expectativas de BIGG se incluyen la opinión de los consumidores sobre los productos de BIGG y la tecnología Blockchain en general, los fallos tecnológicos, la competencia y el incumplimiento de las obligaciones contractuales por parte de las contrapartes.

    Las declaraciones prospectivas contenidas en este comunicado de prensa se realizan a partir de la fecha de este comunicado. Salvo que lo exija la ley, BIGG renuncia a cualquier intención y no asume ninguna obligación de actualizar o revisar las declaraciones prospectivas, ya sea como resultado de nueva información, eventos futuros u otros. Además, BIGG no asume ninguna obligación de comentar las expectativas o las declaraciones de terceros con respecto a los asuntos mencionados anteriormente.

    El CSE no se hace responsable de la adecuación o exactitud del contenido de este comunicado de prensa.

  • Trillion Energy International anuncia el 8 de septiembre como fecha de salida de la plataforma Uranus

    The Uranus Rig is nearing the end of its preventative maintenance before mobilization

    September 06, 2022 08:30 ET | Source: Trillion Energy International Inc.

    Vancouver, B.C., Sept. 06, 2022 (GLOBE NEWSWIRE) — Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) provides an update on the status of the Uranus Rig mobilization to the SASB gas field. The Uranus Rig is slated to depart for SASB on September 8th and to arrive on September 11th. A detailed daily schedule is as follows:

    • September 5 – NDT (Non-Destructive Testing) operations in ballast Tank #2
    • September 6 – Estimated completion of welding operations in ballast Tank #1, start NDT and painting
    • September 8 – Rig departure date
    • September 9 – PSU Altair ship arrives for loading of all equipment and materials from shore base to Akcakoca offshore platform
    • September 11 – Rig arrives at SASB

    Arthur Halleran CEO stated:

    “As investors have been eagerly anticipating and requesting daily updates on the rig mobilization for our drilling program; I have been personally keeping on top of the rig status on a daily basis. I am confident the September 8th departure date will allow us the time to have the necessary rig repairs identified and completed.”

    “As Trillion is now able to sell its natural gas production for US$30.68/mcf; and with the news today of Russia shutting off all natural gas supply from the Nord-Stream pipeline until sanctions are lifted, we expect further upward price pressure on natural gas to occur over the winter.”

    “With the drilling rig arriving September 11th, the first new gas production is expected around the end of October, 2022 which will capture the high gas prices.”

    The Company’s multi-well development program initially includes seven natural gas production wells set to come online during a time when acute natural gas shortages are menacing Europe and Turkey. Natural gas prices continue to spike, breaking historical records; the prospect of a cold winter looms with the worst shortages expected yet to come.

    Acerca de la empresa

    Trillion is an oil and gas producing company with multiple assets throughout Turkey and Bulgaria. The Company is 49% owner of the SASB natural gas field, one of the Black Sea’s first and largest-scale natural gas development projects; a 19.6% (except three wells with 9.8%) interest in the Cendere oil field; and in Bulgaria, the Vranino 1-11 block, a prospective unconventional natural gas property. More information may be found on www.sedar.com, and our website.

    Contacte con
    Art Halleran: 1-250-996-4211
    Corporate offices: 1-778-819-1585
    e-mail: info@trillionenergy.com
    Website: www.trillionenergy.com

    Cautionary Statement Regarding Forward-Declaraciones de intenciones

    This news release may contain certain forward-looking information and statements, including without limitation, statements pertaining to the Company’s ability to obtain regulatory approval of the executive officer and director appointments. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. Trillion does not undertake to update any forward-looking information except in accordance with applicable securities laws.

    These statements are not guaranteeing of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. These factors include unforeseen securities regulatory challenges, COVID, oil and gas price fluctuations, operational and geological risks, the ability of the Company to raise necessary funds for development; the outcome of commercial negotiations; changes in technical or operating conditions; the cost of extracting gas and oil may be too costly so that it is uneconomic and not profitable to do so and other factors discussed from time to time in the Company’s filings on www.sedar.com, including the most recently filed Annual Report on Form 20-F and subsequent filings for the first quarter of 2022. For a full summary of our oil and gas reserves information for Turkey, please refer to our Forms F-1,2,3 51-101 filed on www.sedar.com, and or request a copy of our reserves report effective December 31, 2021 and our Prospective Resource report effective October 31, 2021. 

  • Trulieve anuncia la apertura del nuevo dispensario Edgewater en Florida


    NEWS PROVIED BY Trulieve Cannabis Corp. 

    Sep 21, 2022, 07:43 ET

    New dispensary expands patient access to medical cannabis; grand opening specials available

    TALLAHASSEE, Fla., Sept. 21, 2022 /CNW/ — Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) (“Trulieve” or “the Company”), a leading and top-performing cannabis company in the United States, today announced the relocation of its medical dispensary in Edgewater, Florida. The new dispensary will be located at 2102 S Ridgewood Ave., with its doors opening at 9 a.m. on Sept. 21, 2022. This location’s ongoing regular hours will be 9 a.m. – 9 p.m. from Monday through Saturday and 10 a.m. – 8 p.m. on Sunday.

    Festivities will be held throughout the day at the new location to include numerous partner giveaways, deals and specials, and all registered patients will receive a 25% discount. Trulieve also offers statewide home delivery, convenient online ordering and in-store pickup. As always, all first-time guests are eligible for a 50% new customer discount at any Florida-based location.

    “Trulieve is excited to open our newly relocated dispensary in Edgewater that offers a larger showroom with more amenities,” said Kim Rivers, CEO of Trulieve. “Our company is driven by a commitment to provide tailored, high-quality care and exceptional customer experiences and this new location will help us reach those goals.”

    As the state’s leading medical cannabis provider, Trulieve’s retail employees are trained to provide personalized patient care and support individuals at every stage of their cannabis journeys. Trulieve dispensaries throughout Florida offer on-site consultations to help patients obtain appropriate medical products and dosages to ensure optimal cannabis experiences.

    Trulieve patients across Florida can choose from the largest selection of THC and CBD products available in a variety of consumption methods, including smokable flower, concentrates, edibles, capsules, syringes, tinctures, topical creams, vaporizers, and more.

    Designed to meet every patient’s needs, our portfolio of in-house brands includes Alchemy, Co2lors, Cultivar Collection, Modern Flower, Momenta, Muse, Roll One, Sweet Talk and Trekkers. Patients also have access to beloved brands such as Bellamy Brothers, Bhang, Binske, Blue River, Black Tuna, DeLisioso, Love’s Oven, Miami Mango, O.pen and Sunshine Cannabis, all available exclusively at Trulieve in Florida.

    For more information, or to learn how to become a registered patient, please visit Trulieve.com and connect on Instagram o Facebook.

    About Trulieve
    Trulieve is an industry leading, vertically integrated cannabis company and multi-state operator in the U.S., with established hubs in the Northeast, Southeast, and Southwest, anchored by leading market positions in Arizona, Florida, and Pennsylvania. Trulieve is poised for accelerated growth and expansion, building scale in retail and distribution in new and existing markets through its hub strategy. By providing innovative, high-quality products across its brand portfolio, Trulieve delivers optimal customer experiences and increases access to cannabis, helping patients and customers to live without limits. Trulieve is listed on the CSE under the symbol TRUL and trades on the OTCQX market under the symbol TCNNF. For more information, please visit Trulieve.com.

    Facebook: @Trulieve   
    Instagram: @Trulieve_   
    Twitter: @Trulieve 

    Contacto con los inversores
    Christine Hersey, Executive Director of Investor Relations
    +1 (424) 202-0210
    Christine.Hersey@Trulieve.com

    Contacto con los medios de comunicación
    Rob Kremer, Executive Director of Corporate Communications
    +1 (404) 218-3077
    Robert.Kremer@Trulieve.com

    SOURCE Trulieve Cannabis Corp.

  • Curaleaf completa la adquisición de la mayoría de las acciones de la alemana Four 20 Pharma

    NOTICIAS PROPORCIONADAS PORCuraleaf Holdings, Inc. 

    19 de septiembre de 2022, 08:15 ET


    Deal Solidifies Curaleaf’s Strategic Advantage in Germany as the Country Prepares for Adult-Use 

    WAKEFIELD, Mass., Sept. 19, 2022 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA) ( OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading international provider of consumer products in cannabis, today announced the completion of its agreement to acquire a 55% stake in Four 20 Pharma GmbH, a fully EU-GMP & GDP licensed German producer and distributor of medical cannabis.

    Boris Jordan, Executive Chairman of Curaleaf, stated, “We are pleased to complete the transaction with Four 20 Pharma and I am personally thrilled to welcome Torsten and Thomas to the Curaleaf family. Our early focus on Europe has given Curaleaf a formidable strategic asset and strong foundation in one of the industry’s critical global markets. Curaleaf is the only U.S. MSO uniquely positioned to capitalize on the opportunity.”

    Con el cierre de la transacción, Curaleaf ha consolidado una vía estratégica para adquirir el control total de Four 20 Pharma después de dos años del inicio del uso para adultos en Alemania, que está previsto que comience a principios de 2024.

    Miles Worne, President of Curaleaf International, said, “Four 20 Pharma is an ideal asset to accelerate our growth in Germany as the country readies for its conversion from medical cannabis to adult-use. Curaleaf International continues to build our platform in eight markets, and this deal further underscores our aspiration to be a major player in the European market and the global industry leader.”

    Acerca de Curaleaf Holdings

    Curaleaf Holdings, Inc. (CSE: CURA) ( OTCQX: CURLF) (“Curaleaf”) is a leading international provider of consumer products in cannabis with a mission to improve lives by providing clarity around cannabis and confidence around consumption. As a high-growth cannabis company known for quality, expertise and reliability, the Company and its brands, including Curaleaf and Select, provide industry-leading service, product selection and accessibility across the medical and adult-use markets. In the United States, Curaleaf currently operates in 21 states with 137 dispensaries, 26 cultivation sites, and employs over 6,000 team members. Curaleaf International is the largest vertically integrated cannabis company in Europe with a unique supply and distribution network throughout the European market, bringing together pioneering science and research with cutting-edge cultivation, extraction and production. Curaleaf is listed on the Canadian Securities Exchange under the symbol CURA and trades on the OTCQX market under the symbol CURLF. For more information, please visit https://ir.curaleaf.com.

    Acerca de Four20 Pharma

    Four 20 Pharma is a leading, fully EU-GMP & GDP licensed European producer and distributor of medical cannabis with industry-leading product quality and best-in-class regulatory expertise. Four 20 Pharma entered the German market with the vision to guarantee continuous patient care, and since the launch in 2020 of its “420NATURAL” brand, the company has created a steady supply chain to deliver the best possible cannabis products to its patients. The company employs 41 team members and is based in Paderborn, Germany. 

    DECLARACIONES PROSPECTIVAS

    This media advisory contains forward–looking statements and forward–looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward–looking statements or information. Generally, forward-looking statements and information may be identified by the use of forward-looking terminology such as “plans”, “expects” or, “proposed”, “is expected”, “intends”, “anticipates”, or “believes”, or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. More particularly and without limitation, this news release contains forward–looking statements and information concerning the opening of a new dispensary in Allentown, Pennsylvania. Such forward-looking statements and information reflect management’s current beliefs and are based on assumptions made by and information currently available to the company with respect to the matter described in this new release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and risks and uncertainties is contained under “Risk Factors and Uncertainties” in the Company’s latest annual information form filed March 9, 2022, which is available under the Company’s SEDAR profile at http://www.sedar.comy en otras presentaciones que la empresa ha hecho y puede hacer con las autoridades de valores aplicables en el futuro. Las declaraciones prospectivas contenidas en el presente documento se realizan únicamente en la fecha de este comunicado de prensa y no asumimos ninguna obligación de actualizar o revisar ninguna de las declaraciones prospectivas, ya sea como resultado de nueva información, de acontecimientos futuros o de cualquier otra forma, salvo que lo exija la ley. Advertimos a los inversores que no deben depositar una confianza considerable en las declaraciones prospectivas contenidas en este comunicado de prensa. La Bolsa de Valores de Canadá no ha revisado, aprobado o desaprobado el contenido de este comunicado de prensa.

    CONTACTO CON EL INVERSOR
    Curaleaf Holdings, Inc.
    Camilo Lyon, Director de Inversiones
    IR@curaleaf.com

    CONTACTOS CON LOS MEDIOS DE COMUNICACIÓN
    Curaleaf Holdings, Inc.
    Tracy Brady, Vicepresidenta de Comunicaciones Corporativas
    media@curaleaf.com

    Four20 Pharma GmbH
    Christopher Thiele
    christopher.thiele@420pharma.eu 

    FUENTE Curaleaf Holdings, Inc.

  • Seguir la guerra de Ucrania en las redes sociales puede afectar negativamente a la salud mental

    Seguir la guerra de Ucrania en las redes sociales puede afectar negativamente a la salud mental
    We recently saw Russia invade Ukraine, which prompted millions of Ukrainians to flee their homes as the war intensified. Disturbing videos and photos of the damage done to buildings and people in cities such as Kharkov and Kyiv can be accessed online, even by those thousands of miles away. With many watching the crisis unfold through the standard news sources as well as on social media applications such as… Leer más " NOTA PARA LOS INVERSORES: Las últimas noticias y actualizaciones relacionadas con Mydecine Innovations Group Inc. (NEO: MYCO) (OTC: MYCOF) están disponibles en la sala de prensa de la empresa en https://ibn.fm/MYCOF Acerca de PsychedelicNewsWire PsychedelicNewsWire (PNW) es una empresa de distribución de contenidos especializada que (1) agrega y distribuye noticias e información sobre los últimos desarrollos en todos los aspectos y avances de la psicodelia y su uso, (2) crea PsychedelicNewsBreaks designed to quickly update investors on important industry news, (3) leverages a team of expert editors to enhance press releases for maximum impact, (4) assists companies with the management and optimization of social media across a range of platforms, and (5) delivers unparalleled corporate communication solutions. PNW stays abreast of the latest information and has established a reputation as the go to source for coverage of psychedelics, therapeutics and emerging market opportunities. Our team of seasoned journalists has a proven track record of helping both public and private companies gain traction with a wide audience of investors, consumers, media outlets and the general public by leveraging our expansive dissemination network of more than 5,000 key syndication outlets. PNW is committed to delivering improved visibility and brand recognition to companies operating in the emerging markets of psychedelics. To receive instant SMS alerts, text “Groovy” to 21000 (U.S. Mobile Phones Only) For more information please visit https://www.PsychedelicNewsWire.com Por favor, consulta las condiciones de uso y las cláusulas de exención de responsabilidad en el sitio web de PsychedelicNewsWire, aplicables a todos los contenidos proporcionados por PNW, dondequiera que se publiquen o reediten: https://www.PsychedelicNewsWire.com/Disclaimer Haga ¿Tiene alguna pregunta o está interesado en trabajar con PNW? Pregunte a nuestro editor PsychedelicNewsWire (PNW) San Francisco, California www.PsychedelicNewsWire.com 415.949.5050 Oficina Editor@PsychedelicWire.com PsychedelicNewsWire forma parte de la InvestorBrandNetwork.
  • Alerta a los inversores - Boosh Food: Proveedor de alimentos veganos listos para comer

    Investor Alert – Boosh Food: Ready-To-Eat Vegan Food Supplier

    Boosh was created for one simple reason – to help health-conscious consumers meet their goals

    Comida de Boosh is an emerging plant-based food powerhouse. They are a ready-to-eat, vegan food supplier, which has stores all over Canada and is poised for expansion to the USA.

    Their products are 100% plant-based, gluten-free, non-GMO, have no artificial flavours, and are Canadian-owned.

    The company has four Boosh bowls, two are pasta based and two are rice-based. The pasta dishes are made with organic brown rice pasta, and the rice bowls are made up with brown rice, quinoa, hemp, chia flax and pumpkin seeds. Currently, Boosh’s lineup is frozen and consumers can either pop them in the oven or the microwave.

    Recently, Boosh completed the purchase of Beanfields, a company that produces and sells a healthy, gluten-free, non-GMO, vegan, top eight allergen-free flavoured bean-based chip.

    Para más información sobre Comida de Boosh (CSE: VEGI) haga clic en el botón de solicitud de información para inversores.

    El puesto Investor Alert – Boosh Food: Ready-To-Eat Vegan Food Supplier apareció por primera vez en Noticias BTV.

  • Recharge Resources aumenta la propiedad de Brussels Creek a 100% y anuncia un nuevo director

    Recharge Resources aumenta la propiedad de Brussels Creek a 100% y anuncia un nuevo director

    (TheNewswire)

    Recharge Resources Ltd.

    Vancouver, BC, Canada – TheNewswire – March 21 st, 2022 – Recursos de recarga Ltd. (CSE:RR) (CNSX:RR.CN) (OTC:SLLTF) (Frankfurt:SL5) (“Recharge” or the “Company”) announces that, further to the news release dated April 23, 2021, it has successfully re-negotiated and accelerated its ownership interest to 100% of the Brussels Creek Project gold-copper-palladium property, located in the Kamloops Mining District, British Columbia (the “Property”). Prior to this amendment, Recharge had earned in to a 60% interest in the Property.

    Recharge acquired the remaining 40% right, title and interest in the Property in consideration of Recharge paying the sum of $75,000 and issuing 2,500,000 common shares in the capital of the Company upon closing. The interest earned is subject to a 2-percent net smelter royalty payable to the optionor. One percent of the royalty may be purchased for $1-million, exercisable any time on or before the expiration of one year from the commencement of commercial production on the Property. No further work commitment is required pursuant to the original agreement.

    About the Brussels Creek Project

    The Property is an early-stage exploration property, located approximately 24 kilometres west of Kamloops, B.C., and is immediately adjacent to New Gold’s New Afton mine. The Property comprises 17 claims (66 cells) covering 1,350.43 hectares. The geological setting of the property is very similar to New Afton, a silica-saturated copper-gold alkalic porphyry-style deposit, as well as the Highland Valley, Mount Polly, Kemess and Galore Creek deposits. Recent field observations noted the presence of a substantial mineralized quartz-feldspar porphyry body intruding the overlying Nicola group volcanics. Historic sampling and mapping on the property, in 1983 and 1984, located a broad anomalous zone (200 metres by 400 metres) with gold values up to 3.5 grams per tonne. Grab samples taken from the property in 2019 include values of 10.1 g/t Au (with 0.7 g/t palladium) and 11.5 g/t Au.

    In 2020, Syber commenced exploration work on the Property and has completed an airborne magnetometer survey over the entire property, a lidar and orthophotography survey, and also one week of prospecting and mapping. Interpretation of the geophysical survey identified six areas of interest, showing potential for the structural complexities and potassic alteration that are common features of this style of porphyry copper-gold deposit. Le Mare (renamed Recharge Resources subsequently) commissioned Healex Consulting of Nanaimo, B.C., to complete a National Instrument 43-101 technical report on the property. This report is made available at SEDAR.

    The shares issued pursuant to the agreement will be subject to a four-month hold period upon issuance

    Director Appointment

    Additionally, Recharge is pleased to announce the appointment of Mr. Andrew Mugridge to its Board of Directors, replacing Mr. Andreas Schleich.

    Andrew Mugridge has extensive experience consulting public traded resources exploration companies since entering the industry in 2006. Beyond serving in several officer, director, and senior management positions with TSX and TSX-Venture listed companies, Andrew ran a successful investor relations firm (2006-2014) and is currently a principle of a financial advisory firm in Vancouver, British Columbia.

    The Company would like to thank Mr. Schleich for his services and for his invaluable contribution to the Company. The Company wishes him the best in his future undertakings.

    Market Awareness Program


    As part of Recharge’s ongoing strategy to raise the profile of Recharge’s projects to investors, the Company has entered into an agreement with TD Media LLC dba La vida Water Media LLC, of Houston, Texas (“TD Media”) whereby TD Media will provide digital marketing services including content creation, distribution, and market awareness campaigns in consideration of USD$350,000 for a 90 day term, which commenced on March 14, 2022.

    Acerca de Recharge Resources

    Recharge Resources es una empresa canadiense de exploración minera canadiense centrada en la exploración y el desarrollo de la producción de metales para baterías de alto valor para crear energía verde y renovable que satisfaga para satisfacer la demanda del mercado de los vehículos eléctricos y de las pilas de combustible, que avanza de vehículos eléctricos y de pila de combustible.

    En nombre del Consejo de Administración,

    “Yari Nieken”

    Yari Nieken, directora general

    Para más información, por favor contacto:

    Recharge Resources Ltd.
    Sr. Joel Warawa
    Teléfono: 778-588-5473
    Por correo electrónico: info@recharge-resources.com
    Página web: recarga-recursos.com

    Descargo de responsabilidad sobre la información prospectiva información prospectiva

    Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding Recharge’s intention to continue to identify potential transactions and make certain corporate changes and applications. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they hacer occur, what benefits Recharge will obtain from them. These forward-looking statements reflect managements’ current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including Recharge’s inability to identify transactions having satisfactory terms or at all and the results of exploration or review of properties that Recharge does acquire. These forward-looking statements are made as of the date of this news release and Recharge assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws.

    Copyright (c) 2022 TheNewswire - Todos los derechos reservados.

Botón de vuelta al principio