Month: February 2017

Drone Delivery Canada Announces Closing of Private Placement Offering for Gross Proceeds of $10,900,400

Toronto, Ontario–(Newsfile Corp. – February 28, 2017) – Drone Delivery Canada Corp. (CSE: FLT) (“DDC” or the “Company”), is pleased to announce, further to its news releases dated February 6, and February 23, 2017, that it has completed its previously announced private placement offering of special warrants (the “Special Warrants”), issuing an aggregate of 31,144,000 Special Warrants at a price of $0.35 per Special Warrant for aggregate gross proceeds of $10,900,400, which includes the exercise by GMP Securities L.P. (“GMP”), as sole lead agent, of its option for an additional 1,144,000 Special Warrants. This news release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be,

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NuRAN Wireless Closes $3.5M Financing Fully Subscribed

Quebec, QC, February 27th, 2017 – NuRAN Wireless Inc. (“NuRAN” or the “Corporation”) is pleased to announce it has closed its fully subscribed brokered private placement of senior secured convertible debentures (each a “Debenture”) for gross proceeds of $3,500,000 (the “Offering”) previously announced on February 7, 2017.  The net proceeds from the Offering (net of all fees and commissions) are intended to be used for working capital purposes, repayment of debt, acquisition of certain technology, business development, and general and administrative purposes. In connection with the closing of the Offering, NuRAN entered into an agency agreement with First Republic Capital Corporation (“”FRC” or the “Agent”) whereby FRC had been appointed as the lead agent in connection with the Offering.  Each

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NuRAN Wireless Receives an Over $1 Million Order for Africa

Quebec, QC, Canada, February 21st, 2017 – NuRAN Wireless Inc. (‘Nuran Wireless” or the “Company”) (CSE:NUR) (OTC:NRRWF), a leading supplier of mobile and broadband wireless solutions to connect the next billion, is pleased to announce that it has received an over $1 Million order of its LiteCell 1.5 to be deployed for a Tier One operator, by Africa Mobile Network (“AMN”), in Africa. Following the successful trial announced on November 29, 2016, NuRAN received from AMN an initial order of hundreds of units of its LiteCell 1.5 to be delivered in the Democratic Republic of the Congo (DRC) in the first half of 2017. According to AMN’s forecasts, the objective is to deploy thousands of units in the upcoming 3 to

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Manganese X First Phase Drill Program Intersects Wide Widths of Manganese Oxide Near Surface

Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (OTC Pink: SNCGF) (the “Company”) is pleased to announce assay results from the recently completed diamond drill program at its Houlton Woodstock manganese property located in Carleton County, 5 km NW of Woodstock, New Brunswick. The drilling program consisted of 16 holes totalling 3,589 meters, and was designed as an initial evaluation of three historic manganese occurrences on the property (Iron Ore Hill, Sharpe Farm and Moody Hill). In addition, the drill program provides core samples for metallurgical testing, planned for 2017. Five holes totalling 1,051 m were completed in the Iron Ore Hill sector of the property and eleven holes totalling 2,538 m in the Sharpe Farm – Moody Hill sector. Drilling was completed over a 1.8 km strike length of the prospective manganese occurrence trend. During the drill program,

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Tinley Opens California Cannabis Collective for Tinley ’27 and Other Cannabis-Infused Beverages

The Tinley Beverage Company Inc. (the “Company” or “Tinley“) (CSE:TNY)(OTC PINK:QRSRF)(CSE:TNY.CN) is pleased to announce that has begun accepting patients for The Tinley Collective. The Tinley Collective (the “Collective“) is a Central Organization Cooperative Corporation organized under Section 12200, et seq., of the California Corporations Code and registered with the Office of the Secretary of State for the State of California (Entity No. C3987359), designed to facilitate the association of qualified medical patients for the purpose of collectively procuring medical cannabis for its members, pursuant to Health and Safety Code sections 11362.765 and 11362.775 and formulating into easily-consumable, drinkable products for such members. The Collective is dedicated to providing its members with service pursuant to the Compassionate Use Act and

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NuRAN Wireless Receives Over $1 Million in New Engineering Contracts

NuRAN Wireless Inc. (“NuRAN Wireless” or the “Company”) (CSE: NUR) (OTC:NRRWF), a leading supplier of mobile and broadband wireless solutions to connect the next billion, is pleased to announce that it has received over $1 Million (one million) dollars of new purchase orders from various clients for its wholly owned engineering subsidiary, Nutaq Innovation Inc. (“Nutaq”). The contracts include wireless and multichannel testbed platforms and engineering services for multiple applications including ‘Ground to Air’ 4G communications, Multichannel Sensors and Radar Applications as well as LTE testing and private networking solutions. Nutaq is a leading provider of advanced digital signal processing (“DSP”) solutions and wireless technologies, including software defined radios (“SDR”). Nutaq operates three complementary lines of business: (i) Wireless Network

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NuRAN Wireless Announces Brokered Private Placement Financing of up to $3,500,000

Quebec, QC / TheNewswire / February 7th, 2017 – NuRAN Wireless Inc. (“NuRAN” or the “Corporation”) is pleased to announce it has entered into an engagement agreement with First Republic Capital Corporation (“”FRC” or the “Agent”) whereby FRC has been appointed as the lead agent in connection with a private placement offering of senior secured convertible debentures (each a “Debenture”) for gross proceeds of up to $3,500,000 (the “Offering”). Each Debenture matures 18 months following closing, bears interest an annual rate of 12% and is convertible, at the option of the Debentureholder, in whole or in part, into common shares in the capital of NuRAN at any time before the maturity date at a price of $0.25 per common share

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Gold Intersections up to 5.37 gpt Au over 14 m at Maude Lake Property

ROUYN-NORANDA, QUEBEC–(Marketwired – Feb. 7, 2017) – GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1MN)(STUTTGART:G1MN)(BERLIN:G1MN)(MUNICH:G1MN)(XETRA:G1MN)(OTCQX:GLBXF) is pleased to inform shareholders that RJK Explorations Ltd. (TSX VENTURE:RJX.A)(OTC:RJKAF) has received assays from four holes (578 m) of its 5,000 m drill program at Globex’s Maude Lake Gold Property, northeast of Matheson, Ontario. The Maude Lake property is under option to RJK for annual cash payments of $250,000 per year adjusted for inflation and a 2.5% Gross Metal Royalty (GMR), 1% of which may be purchased for $2,000,000. Once production is achieved, the GMR may not be less than $250,000 per annum. To view the full article and to see the results from drill holes at the “5 Zone” please click here.

Vanadium One Energy Announces Private Placement Financing

TORONTO, ON / ACCESSWIRE / February 1, 2017 / Vanadium One Energy Corp. (VONE.V) (9VR1.F) (the “Company”), is pleased to announce a non-brokered private placement financing to raise up to $900,000 (the “Offering”). The Offering is anticipated to be structured as a best efforts private placement comprised of 7,500,000 units (“Units”) of the Company at a price of $0.12 per Unit to raise aggregate proceeds of up to $900,000. Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant. Each warrant will entitle its holder to purchase one additional common share at an exercise price of $0.25 for a period of 24 months from the closing date of the private placement.

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Manganese X Energy Corp. Announces Increase of Private Placement to $1,425,000

To view the full press release please click here.