Search Blog
Categories
May 2017
M T W T F S S
« Apr    
1234567
891011121314
15161718192021
22232425262728
293031  

Tags

Canadian Zeolite Announces Canadian Distribution Agreement

By Canadian Zeolite Corp.

VANCOUVER, B.C. / ACCESSWIRE / MAY 29, 2017 / Canadian Zeolite Corp. (the “Company”) (TSX.V: CNZ) (OTCQB: CNZCF) (FSE: ZEON) is pleased to announce that it has commenced the 2017 shipping season with a new Distribution Agreement with Shift Supplies Ltd. as a Canadian distributor of the Company’s natural zeolite product line. Shift Supplies Ltd. brings a proven marketing team as well as a well-established customer base that spans from British Columbia to Ontario. From their 12,000 square foot facility in British Columbia and their warehouse in Ontario they are well-positioned to supply smaller dealers with our Z-Lite 2% Animal Feed, animal bedding products and packaged zeolite for composting and soil remediation. Shift’s larger customers will be shipped directly from the Kamloops mill. The agreement with Shift is a direct result of our successful natural zeolite distribution relationship with Bella Turf www.bellaturf.ca. We would like to thank the Bella Turf team for their continued business and this new opportunity.

Mr. Ray Paquette, CEO says, “Over the winter months the Company’s Bromley Creek natural zeolite received approval from the Canadian Food Inspection Agency (CFIA) for Z-Lite 2% as an animal feed additive. In the United States the product is also currently registered for use in 14 states. In addition, Z-Lite has been registered by the Organic Materials Review Institute (OMRI) in both Canada and the United States. These registrations provide us with an expanded customer base as well as credibility that our zeolite has been tested and proven to supply their markets. These registrations gave the Company the ability to conduct real-time testing with large end-users in Canada and the United States. Our natural zeolite has proven effective for their applications and as a result we are now starting to receive orders.”

Canadian Zeolite continues to work closely with the University of Havana in Cuba and the University of Northern British Columbia on product development, new technologies and future business opportunities.

On behalf of the Board of Directors
“Ray Paquette”
President & CEO
604.684.3301
www.canadianzeolite.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to future expenditures. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the ability to complete contemplated work programs and the timing and amount of expenditures. Canadian Zeolite does not assume the obligation to update any forward-looking statement.

SOURCE: Canadian Zeolite Corp.

ReleaseID: 464374

Wi2Wi Announces WC7220B0 the Best in Class Bluetooth Low Energy (BLE) Module

By Wi2Wi Corporation

TORONTO, ON / ACCESSWIRE / May 29, 2017 / Wi2Wi Corporation (“Wi2Wi” or the “Company”) (TSX-V: YTY), a leading global developer and manufacturer of end to end Wireless Connectivity Solutions, high precision Frequency Control, Timing, and Microwave Filter devices, is pleased to announce WC7220B0, an Ultra-Small, Ultra-Low Power High Performance Bluetooth Low Energy (BLE) module, from its MCU Embedded (ME) family of products.

“WC7220B0 is an exciting addition to Wi2Wi’s rich connectivity product portfolio addressing the integration demand for best in class performance in an ultra-small package footprint in the Internet of Things (IoT) and Industrial Internet of Things (IIoT/M2M) markets. The microcontroller embedded WC7220B0 provides plug and play Bluetooth LE integration to the end customer systems. Adopting this module in their end systems will substantially reduce the end customer’s time to market overall product development cost. The Company will continue to focus on releasing cost effective, best in class plug and play wireless connectivity solutions to support the ever growing demand of the IoT and IIoT markets,” said Michael Sonnenreich, Chairman of the Board.

“WC7220B0 answers industry’s demand for ultra-small and ultra-low power cost effective plug and play Bluetooth LE module demand for various sensor applications in the IoT and IIoT markets. This is our fifth new product this year and is an example of how the Company is creating simplicity and ease of use to enhance our customers’ products. The Company continue its focus in developing best in class products from both wireless connectivity and Frequency Control product lines,” said Zachariah Mathews, President and CEO of Wi2Wi.

WC7220B0 from Wi2Wi’s MCU Embedded (ME) Series is a Host-Less Single-Mode Bluetooth Low Energy (BLE 4.1/Bluetooth Smart) module with integrated chip antenna and has industry’s highest level integration that provides best in class features, performance and functionality. This self-contained Bluetooth LE module with integrated microcontroller, embedded BT LE 4.1 stack and application profiles enables the end system connect to any smartphone, tablet or any other BLE enabled devices in a Personal Area Network (PAN). WC7220B0 BLE module is a fully integrated subsystem that includes MCU, MAC, baseband, RF front-end, LNA, PA, crystals, filter, antenna and EEPROM. This ultra-low power BLE module with multiple Power-down modes consumes as low as nano amps which provides excellent battery life and can be powered with a small coin cell battery like CR2032. Extra memory in WC7220B0 enable the system developers to write user application programs in the module and eliminate the need for any external Microcontroller. This module provides multiple interfaces such as UART and I2C. GPIOs with Analog, Digital and PWM functionality are also available to communicate with external multiple peripherals and sensors. WC7220B0 is ideal for various sensor applications in the Smart Health, Smart Home, Smart Energy, Internet enabled devices and various sensor applications in Smart Manufacturing.

The module is being certified for FCC, CE, and IC and comes with out of the box integration tools with all the required protocol stacks, extensive software libraries including cloud access support and sample applications. Samples and Development kits are available upon request.


For further information, please contact:

Dawn Leeder
Chief Financial Officer
608 203 0234
dawn_l@wi2wi.com

About IoT and M2M

Essentially, IoT and M2M describe the network of physical objects or “things” embedded with electronics, software, sensors, and network connectivity, which enables these objects to collect and exchange data. Driven by several factors including the growth in the availability of Broadband Internet, which reduces the cost of connecting, and the related increase in Wi-Fi capabilities as well as sensors built into myriad technologies, this has been described as the “perfect storm” for the IoT. Almost any device with an on and off switch that can be connected to the Internet (and/or to each other) – anything from cell phones, coffee makers, washing machines, headphones, lamps, wearable devices, cars, as well as machine components in the engine of a jet airplane or the drill of an oil rig. According to analyst firm Gartner, by 2020 there will be over 26 billion connected devices. Others think this figure could be too conservative by a factor of four.

About Wi2Wi Corporation

Wi2Wi is a vertically-integrated technology company which designs, manufactures and markets high performance, low power wireless connectivity solutions, global navigation satellite system (GNSS) modules, and frequency control devices. The Company’s products and services address numerous applications in the markets of Internet of Things (IoT), Machine to Machine (M2M), Avionics, Space, and Government Sponsored Projects. Wi2Wi’s products and value-added services provide highly integrated, rugged, robust, and reliable multiprotocol wireless actuators with embedded software, along with customized timing and frequency control devices for customers, worldwide. The Company was founded in 2005 and is strategically headquartered in San Jose, California with satellite offices in Middleton, Wisconsin and Hyderabad, India. Wi2Wi’s manufacturing operations, its laboratory for reliability and quality control, together with design and engineering for timing and frequency control devices are located in Middleton, WI. The branch office, located in Hyderabad, India, focuses on the development of wireless connectivity; both hardware and software. Wi2Wi’s strategic objective is to service the unique needs of each customer by providing end to end wireless integration solutions and highly customizable timing and frequency control devices. Wi2Wi distinguishes itself from commodity grade products, with best in the market performance, highly reliable, low power wireless connectivity products with integrated software that supports broader temperature ranges and a longer product life cycle. Furthermore, Wi2Wi’s end to end product solutions helps the customer substantially reduce their end product expense, certification cost, and overall R&D investment, in addition to substantially reducing the time to market. Wi2Wi has partnered with best in class global leaders in technology, manufacturing, and sales. The Company uses a wide network of manufacturer’s representatives, worldwide, to promote its products and services, and has partnered with world class distributors for the fulfillment of orders along with direct sales.

Forward-Looking Statements:

This news release contains certain forward-looking statements, including management’s assessment of future plans and operations, and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company’s control. Such risks and uncertainties include, without limitation, risks associated with the ability to access sufficient capital, the impact of general economic conditions in Canada, the United States and overseas, industry conditions, stock market volatility. The Company’s actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Company will derive there from. Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information on these and other factors that could affect the Company’s operations and financial results are included in reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com). Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and the Company undertakes no obligation to update forward-looking statements and if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Wi2Wi Corporation

ReleaseID: 464327

Great Atlantic Enters into Exclusivity Agreement with Fort St. James Nickel Corp

By Great Atlantic Resources Corp.

Focused on Exploring Atlantic Canada

VANCOUVER, BC / ACCESSWIRE / May 29, 2017 / GREAT ATLANTIC RESOURCES CORP. (TSX-V: GR) (the “Company” or “Great Atlantic“) announces that it has entered into an exclusivity agreement (the “Exclusivity Agreement“) with Fort St. James Nickel Corp. (“FTJ“), whereby FTJ is granted the exclusive right, for 30 days, to conduct due diligence on certain of the Company’s mineral claims located in New Brunswick (the “Property“), with a view to negotiating the terms of a letter of intent with FTJ and, if applicable, a definitive agreement in order for FTJ to complete the acquisition of the Property (the “Proposed Property Acquisition“).

Further details regarding the Proposed Property Acquisition will be provided in a news release, if and when the parties enter into a letter of intent and/or a definitive agreement.

The Proposed Property Acquisition is subject to, among other things, FTJ obtaining all necessary regulatory approvals, including the TSX Venture Exchange (“TSX-V“).

About Great Atlantic Resources Corp.:

Great Atlantic Resources Corp. is a Canadian exploration company focused on the discovery and development of mineral assets in the resource-rich and sovereign risk-free realm of Atlantic Canada. Great Atlantic is currently surging forward building the company, with a special focus on the most critical elements on the planet, Antimony, Tungsten, and Gold.

On Behalf of the board of directors,

Lorne Mann”

Lorne Mann,
Director
604-488-3900

This News Release may contain forward-looking statements including but not limited to comments regarding the acquisition of certain mineral claims by FTJ. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements and the Company undertakes no obligation to update such statements, except as required by law. There can be no assurance that the proposed transaction with FTJ will be completed or, if completed, will be successful.

Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates, including that: the current price of and demand for minerals being targeted by the Company will be sustained or will improve; the Company will be able to obtain required exploration licences and other permits; general business and economic conditions will not change in a material adverse manner; financing will be available if and when needed on reasonable terms; the Company will not experience any material accident; and the Company will be able to identify and acquire additional mineral interests on reasonable terms or at all. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including: that resource exploration and development is a speculative business; that environmental laws and regulations may become more onerous; that the Company may not be able to raise additional funds when necessary; fluctuations in currency exchange rates; fluctuating prices of commodities; operating hazards and risks; competition; potential inability to find suitable acquisition opportunities and/or complete the same; and other risks and uncertainties listed in the Company’s public filings. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements and information, which are qualified in their entirety by this cautionary statement. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward looking information, will prove to be accurate. Factors that could cause actual results to differ materially from those in forward-looking statements include the failure of counterparties to perform their contractual obligations, exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions. The Company does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Great Atlantic Resources Corp.

ReleaseID: 464375

Fort St. James Nickel Corp. Has Entered into an Exclusivity Agreement to Pursue a Proposed Acquisition of Mineral Claims in New Brunswick

By Fort St. James Nickel Corp.

VANCOUVER, BC / ACCESSWIRE / May 29, 2017 / Fort St. James Nickel Corp. (TSX-V: FTJ.H) (“FTJ” or the “Company“) is pleased to announce that it has entered into an exclusivity agreement (the “Exclusivity Agreement“) with Great Atlantic Resources Corp. (“GR“), a TSX Venture Exchange listed mineral exploration company, whereby FTJ is granted the exclusive right, for 30 days, to conduct due diligence on certain of GR’s mineral claims located in New Brunswick (the “Property“), with a view to negotiating the terms of a letter of intent with GR and, if applicable, a definitive agreement in order to complete the acquisition of the Property (the “Proposed Property Acquisition“).

Further details regarding the Proposed Property Acquisition will be provided in a news release, if and when the parties enter into a letter of intent and/or a definitive agreement.

The Proposed Property Acquisition is subject to, among other things, the completion of due diligence, completion of a National Instrument 43-101 technical report on the Property, the execution of a mutually satisfactory definitive agreement and obtaining all necessary regulatory approvals, including the TSX Venture Exchange, if applicable.

Private Placement Financing

The Company further announces that it intends to carry out a non-brokered private placement (the “Private Placement“) of up to 1,000,000 units (the “Units“) at a price of $0.20 per Unit for aggregate gross proceeds of up to $200,000.

Each Unit will consist of one common share of the Company (a “Share“) and one transferrable common share purchase warrant (a “Warrant“). Each Warrant will entitle the holder to purchase one additional Share (a “Warrant Share“) at a price of $0.25 per Warrant Share for a period of twelve (12) months from the date of issuance.

The proceeds from the Private Placement will be used to cover due diligence and acquisition costs related to the Proposed Property Acquisition and for general working capital purposes.

The Company may also pay finders’ fees in connection with the Private Placement in accordance with the policies of the TSX Venture Exchange. All of the securities to be issued under the Private Placement will be subject to a four-month resale restriction. The Private Placement remains subject to the approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD

“Barry Brown”
Barry Brown
President

Fort St James Nickel Corp.
604-488-3900

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities law and may not be offered or sold in the “United States,” as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available.

Forward-Looking Statements

This news release may contain forward-looking statements including but not limited to the Proposed Property Acquisition, completion of a National Instrument 43-101 technical report, the execution of the definitive agreement and the Private Placement. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may,” “expect,” “estimate,” “will,” “anticipate,” “intend,” “believe,” and “continue,” or the negative thereof or similar variations. Actual results may differ materially from those currently anticipated in such statements and the Company undertakes no obligation to update such statements, except as required by law. The reader is cautioned not to place undue reliance on any forward-looking information. There can be no assurance that the proposed transaction with GR will be completed or, if completed, will be successful.

Completion of the Proposed Property Acquisition is subject to a number of conditions, including but not limited to, TSX Venture Exchange acceptance. There can be no assurance that the Private Placement will be completed as proposed or at all.

Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates, including that: the current price of and demand for minerals being targeted by the Company will be sustained or will improve; the Company’s current exploration programs and objectives can be achieved; results of exploration activities; the Company will be able to obtain required exploration licences and other permits; general business and economic conditions will not change in a material adverse manner; financing will be available if and when needed on reasonable terms; the Company will not experience any material accident; and the Company will be able to identify and acquire additional mineral interests on reasonable terms or at all. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including: that resource exploration and development is a speculative business; that the Company may lose or abandon its property interests or may fail to receive necessary licences and permits; equipment breakdowns; labour disputes; the increase in cost estimates and the potential for unexpected costs and expenses; the results of exploration activities; that environmental laws and regulations may become more onerous; that the Company may not be able to raise additional funds when necessary; potential defects in title to the Company’s properties; fluctuating prices of commodities; operating hazards and risks; competition; potential inability to find suitable acquisition opportunities and/or complete the same; and other risks and uncertainties listed in the Company’s public filings. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements and information, which are qualified in their entirety by this cautionary statement. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes or lack thereof, continued availability of financing, and general economic, market or business conditions. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward looking information, will prove to be accurate. The Company does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Fort St. James Nickel Corp.

ReleaseID: 464376

IIROC Trade Halt – RHC Capital Corporation

Vancouver, British Columbia–(Newsfile Corp. – May 29, 2017) – The following issues have been halted by IIROC:

Company:

RHC Capital Corporation

TSX-V Symbol:

RHC.H

Reason:

At the Request of the Company Pending News

Halt Time (ET)

07:56

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

– 30 –

For further information: IIROC Inquiries 1-877-442-4322 (Option 3) – Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.

IIROC Trade Halt – Fireweed Zinc Ltd.

Vancouver, British Columbia–(Newsfile Corp. – May 29, 2017) – The following issues have been halted by IIROC:

Company:

Fireweed Zinc Ltd.

TSX-V Symbol:

FWZ

Reason:

Pending Confirmation of Closing of the Arrangement

Halt Time (ET)

08:00

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

– 30 –

For further information: IIROC Inquiries 1-877-442-4322 (Option 3) – Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.

GreenBank to Acquire 10% of Reliable Stock Transfer

GreenBank to Acquire 10% of Reliable Stock Transfer

Toronto, Ontario (FSCwire) – GreenBank Capital Inc. (CSE: GBC and OTCMKTS: GRNBF) (“GreenBank or the Company”) announces that GreenBank has entered into an acquisition agreement (the “Agreement”) to purchase 10% of Reliable Stock Transfer Inc (“Reliable”), a Toronto based transfer agency focused on providing transfer agency services to public companies listed on the Canadian Securities Exchange. GreenBank will pay $150,000 for a 10% interest in Reliable, payable $50,000 in cash and $100,000 by the issuance of 333,333 common shares at a deemed price of $0.30 per share. Closing of the transaction is anticipated to be on or before June 21, 2017.

Reliable provides stock transfer services for small cap public companies at competitive rates. Services include processing of transfers, shareholder reports, obtaining CUSIP and ISIN numbers, acting as escrow agents, acting as scrutineers for shareholder meetings, providing stock options and warrant services, shareholder mailing services, and processing treasury directions. Reliable was founded in 2014 by Daniel Wettreich, its President, who is also the CEO of GreenBank. For more information see www.reliablestocktransfer.com

Upon closing of the transaction, Daniel Wettreich will directly and beneficially own 18,674,531 common shares of GreenBank representing 80.37% of the increased share capital.

The participation by Daniel Wettreich in this transaction is considered to be a related party transaction as defined in Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). A special committee established by the board of directors and consisting of an independent director determined that the related party transaction is fair and reasonable in the circumstances to the Company. Neither the Company nor the related party has knowledge of any material information concerning the Company or its securities that has not been generally disclosed. The transaction will not have an effect on the direct or indirect voting interests of the related party, other than the issuance of new common shares as part consideration. The process of approving the transaction involved the appointment of a special committee, the approval of the transaction by the special committee, the consideration of the transaction by the directors with Daniel Wettreich disclosing his interest, and the unanimous approval of the transaction by the directors. The special committee was comprised of one director who is independent within the meaning of MI 61-101.There are four directors who are independent within the meaning of MI 61-101. The Company has relied on sections 5.5(b) of MI 61-101 for an exemption from the formal valuation requirement, and section 5.7(a) of MI 61-101 for an exemption from the minority shareholder approval requirements. A material change report in respect of the related party transaction will be filed at least 21 days in advance of the closing of the Agreement.

About GreenBank

GreenBank is a merchant banking business listed on the Canadian Securities Exchange (trading symbols CSE:GBC and OTCMKTS:GRNBF). Its 80% subsidiary GreenCoinX Limited has developed the world’s first cryptocurrency and blockchain requiring user identification. GreenBank’s 100% subsidiary GreenBank Financial Inc. is a merchant bank. GreenBank’s investment portfolio includes 10% of The Lonsdale Group LLC, a USA based private equity company focused on small cap investments, and 35% of Ubique Minerals Limited, a minerals exploration company with interests in Newfoundland, Canada. GreenBank has agreed to acquire 10% of Reliable Stock Transfer Inc, a Canadian small cap transfer agency.

For more information please see www.GreenBankCapitalinc.com or www.GreenCoinX.com or contact Daniel Wettreich at (647) 931 9768 or by email dw@GreenBankCapitalinc.com .

Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of GreenBank Capital Inc., raising additional capital and the future development of GreenCoinX. The forward-looking information is based on certain key expectations and assumptions made by the company’s management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because GreenBank can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and GreenBank disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

To view this press release as a PDF file, click onto the following link:

Maximum News Dissemination by FSCwire. http://www.fscwire.com

Copyright © 2017 Filing Services Canada Inc.

Concerned Shareholders of Eagle Energy Inc. Set the Record Straight

Cannot view this image? Visit: http://orders.newsfilecorp.com/files/5280/27039_eagle1.jpg

Calgary, Alberta–(Newsfile Corp. – May 29, 2017) – Daniel Gundersen and Kingsway Financial Services Inc. (together, the “Concerned Shareholders”) announce today that their information circular (the “Circular”) and BLUE form of proxy have been mailed to all shareholders of Eagle Energy Inc. (“Eagle” or the “Company”; TSX: EGL) in connection with Eagle’s annual general meeting scheduled to be held at 10:00 a.m. (Calgary time) on Tuesday, June 27, 2017 (the “Meeting”). A copy of the Circular is available on SEDAR under Eagle’s profile and at our website

From Y/E public filings & December 31, 2016 closing share prices.

Eagle Energy Inc. CEO Compensation Comparison Table

To view an enhanced version of this graphic, please visit:
http://orders.newsfilecorp.com/files/5280/27039_eagle2.jpg

CEO Richard Clark’s 2016 compensation of $778,646 is a significant part and representative of Eagle’s cost problems. The chart to the left illustrates his compensation as a percentage of Eagle’s market capitalization. Shockingly, on this basis, his compensation is six times the average of other CEOs at comparable companies.
This is not acceptable.

The existing board granted 1.66 million shares (in the form of Restricted Share Units and Performance Share Units) to the management group and themselves in 2016. To put that in perspective, Eagle’s board gave themselves and management the equivalent of approximately 4% of the company — for free — while YOU, the true owners of Eagle, suffered losses. This is not acceptable.

Expensive and Onerous Debt

In its information circular, management continues to highlight its satisfaction with the White Oak term loan. We find it shocking that any company could be satisfied with a debt that is three times its market capitalization and with interest rates that are more than double those of a conventional bank facility. Management describes the benefit of a 4 year loan, but not surprisingly fails to mention that after only one month, the financial covenants contained in the agreement were amended without explanation to shareholders, leaving us to conclude there were in fact, serious concerns about a potential breach. Management states that “The covenants under the new loan are not materially different than they were under the old loan.” However, they fail to acknowledge that interest payments under the new loan will nearly triple to about $7 million annually. The loss of this cash flow affects the covenants significantly. We are worried that the financial covenants within the loan agreement may become problematic as soon as August 2017. This is not acceptable.

We are shocked that Eagle is hiding behind a standard financial covenant in the White Oak loan agreement as a reason to entrench the current board. Citing this change of control covenant as a reason to discourage shareholders from supporting our director nominees is completely irresponsible and evidence of Eagle’s failed leadership. We have carefully reviewed the loan agreement, including the change of control definition, with our legal counsel. We would expect that, in the event that the Concerned Shareholder director nominees are successful, the current Eagle board would work cooperatively with us to ensure a smooth transition that would result in ongoing compliance with the loan agreement. However, in the event the current Eagle board disregards its fiduciary responsibilities, we have numerous options available to us to effectively manage the White Oak term loan. Citing the change of control provision in its information circular is simply fear mongering by Eagle and is only evidence of their desperation. This is not acceptable.

Concerned Shareholders’ Plan

On March 4, the Concerned Shareholders announced a plan that will fix Eagle’s overhead and debt problems. Our plan is intended to fix problems in the short term and maximize value in the long term. This long-term objective cannot be accomplished if Eagle has an unsustainable overhead burden and a crushing level of expensive debt. The oil & gas business today requires efficiency in all aspects of the business, especially cost structure.

Unlike Eagle’s plan, our plan will fix Eagle’s overhead and debt problems. In order to achieve this critical objective, assets will have to be sold, but certainly not at fire sale prices as suggested in Eagle’s information circular. Eagle has high quality assets. We have been in contact with the most reputable acquisition and divestiture firms in Canada and the US. We believe any one of Eagle’s main assets could be sold for a premium to Ea gle’s current corporate valuation.

Once Eagle’s overhead and debt problems are fixed, the new board will quickly focus on the long-term. No alternative will be ignored. A more efficient cost structure and a repaired balance sheet will support both organic growth and corporate development. It may be possible to achieve the most value by merging with another company. Any cost savings achieved by efficiency gains and cheaper access to capital would effectively flow to shareholders in this scenario. Daniel Gundersen and the new board will be agents of positive change for shareholders. OUR PLAN IS A LOW-RISK PLAN THAT IS IN THE BEST INTERESTS OF ALL EAGLE SHAREHOLDERS. IT IS A PLAN DEVELOPED TO MAXIMIZE SHAREHOLDER VALUE.

Concerned Shareholders’ Board Nominees

Contrary to the claims made by Eagle management, our board nominees are highly qualified. Dan Gundersen, Gerry Gilewicz and Brad Porter have significant oil & gas experience, including the management, operation, and acquisition and divestiture of assets in Canada and the United States. Rob Fong has significant financial, regulatory and governance experience with public oil & gas companies in Canada. As a group, they are committed to shareholders. They are also a more conservative group. Unlike Eagle’s current board that is comfortable with a highly-leveraged company reliant on a high-risk drilling program, this group believes a low risk plan to sell assets, reduce overhead and pay down debt is the right plan. Remember, David Fitzpatrick and Warren Steckley have histories of involvement with companies that have undergone bankruptcies and formal insolvencies (see page 10 of Eagle’s information circular). We have no such appetite for risk. It is not in the best interests of shareholders.

Concerned Shareholders’ Motives

Eagle’s information circular wrongly questions the experience, talent, and motives of the Concerned Shareholders. Regarding Daniel Gundersen, we highlight director nominee Bradley Porter’s recent comments: “Having worked directly with Mr. Gundersen as management for three successful publicly-traded oil & gas exploration and production companies in the period of 2002 through 2010, I can personally vouch for his integrity, competence, and work ethic. All shareholders will be well-served and reap the benefit of his dedication.” Eagle has described Mr. Gundersen as an opportunist. This is absurd. In early 2016, Mr. Gundersen and his fellow Maple Leaf Royalties Corp. shareholders received 7.7 million Eagle shares. These shares have since lost substantial value. Mr. Gundersen has every right to be a very disappointed and a very concerned shareholder of Eagle.

Kingsway is a publicly listed merchant bank with offices in Toronto and Itasca, Illinois. The market capitalization of Kingsway is approximately $200 million. Its shares are listed on the TSX and NYSE under the symbol KFS. Larry Swets is the Chief Executive Officer and owns 9% of Kingsway. Before joining Kingsway, Mr. Swets founded Itasca Financial LLC, an advisory and investment firm specializing in the insurance industry. He is a Chartered Financial Analyst (CFA) charterholder.

Kingsway is a value investor in the tradition of Benjamin Graham. It strongly believes that the best investments arise at the extremes of market cycles. Because of low oil prices, Kingsway has identified energy as a very positive investment opportunity. In early 2016, it acquired certain oil & gas operating assets in Texas. In late 2016, Mr. Swets was introduced to Mr. Gundersen and his opinions regarding the potential of Eagle. Kingsway later made its initial investment in Eagle and could increase that investment if it had confidence in the direction of the Company.

Eagle has described Kingsway as a short-term investor. This is an incorrect and misleading conclusion. Larry Swets’ 2016 letter to Kingsway shareholders highlights this issue. He wrote, Kingsway focuses on building long-term value by compounding capital with investments/acquisition/financings that offer asymmetric risk/reward potential with a margin of safety supported by private market values using a merchant banking approach”.

Eagle has said Kingsway has suspect motives. Like Benjamin Graham, Kingsway is also an investor that will not tolerate mismanagement or a lack of shareholder alignment. Kingsway does not back down from this. It is proud of this fact. After ignoring its shareholders for years, it must be difficult for existing Eagle management to accept a shareholder demand for competent management, shareholder alignment, and reasonable governance practices.

The Proxy to Vote is BLUE

Time is of the essence. Your Company is at a crucial juncture and your vote is important, regardless of how many shares you own.

We urge you to save your investment and vote for change by voting FOR the Concerned Shareholder nominees on the BLUE Proxy today. Ensure that your vote is FOR Daniel Gundersen, Robert Fong, Gerald Gilewicz, and Bradley Porter.

Voting is a quick and simple process. Your BLUE proxy must be received well in advance of the deadline of 9:00 a.m. (Calgary time) on June 23, 2017. Due to the limited time available, we recommend voting by internet, telephone or fax today or no later than 24 hours before the deadline. Visit our website www.SaveEagle.ca where you can vote. Shareholders with questions or who require any assistance in executing their proxy or voting instruction form, please call D.F. King Canada at: North American Toll Free Number: 1-800-398-2816 Outside North America, Banks, Brokers and Collect Calls: 1-201-806-7301. Email: inquiries@dfking.com

Your vote is extremely important. Every share counts to ensure change is implemented to save your Company. Eagle shareholders should disregard any materials received from management and vote only the BLUE proxy today.

Sincerely,

Signed “Daniel Gundersen”
Concerned Shareholder

Signed “Larry Swets”
CEO, Kingsway Financial Services Inc.
Concerned Shareholder

Contacts

Daniel Gundersen
403-852-4423
dan@SaveEagle.ca

Larry G. Swets Jr.
630-290-2432

Jack Muir
jackmuir@cogencygroup.ca
604-836-8782

DF King
1-800-398-2816 (toll free within North America)
Email: inquiries@dfking.com

The Concerned Shareholders have hired Norton Rose Fulbright Canada LLP as their legal counsel, Cogency Group Partners Inc. as their financial advisor and D.F. King as its proxy advisor and proxy solicitation agent.

ADDITIONAL INFORMATION

The Concerned Shareholders have filed the Circular containing the information required by Form 51-102F5 — Information Circular in respect of the nominees of the Concerned Shareholders, which is available on Eagle’s profile on SEDAR at www.sedar.com.

This solicitation is being made by the Concerned Shareholders, and not by or on behalf of the management of Eagle. Solicitations may be made by or on behalf of the Concerned Shareholders, by mail, telephone, fax, email or other electronic means, and in person by directors, officers and employees of the Concerned Shareholders or their proxy advisor D.F. King or by the nominees of the Concerned Shareholders. All costs incurred for any solicitation will be borne by the Concerned Shareholders, provided that, subject to applicable law, the Concerned Shareholders may seek reimbursement from Eagle of the Concerned Shareholders’ out-of-pocket expenses, including proxy solicitation expenses and legal fees, incurred in connection with a successful reconstitution of the board of directors. Pursuant to the agreement with D.F. King, for its solicitation services, D.F.King would receive approximately $170,000 plus standard per call fees and out of pocket disbursements.

If you are the registered holder of your Common Shares, you may revoke a proxy previously given: (a) by completing and signing a valid form of proxy bearing a later date and returning it in accordance with the instructions contained in the accompanying BLUE form of proxy or as otherwise provided in the Circular; (b) by depositing an instrument in writing executed by a registered holder of Common Shares or by a registered holder’s attorney authorized in writing (or, if the registered holder of Common Shares is a corporation, by a duly authorized officer or attorney) and deposited either at the principal business office of the Eagle (2710, 500 – 4th Avenue S.W., Calgary, Alberta T2P 2V6) at any time up to and including 5:00 p.m. (Calgary Time) on the last business day preceding the day of the Meeting; (c) by attending the Meeting and reporting to the desk of Computershare Investor Services Inc. to sign in and revoke any proxy previously given; or (d) in any other manner permitted by law.

Eagle’s principal business office is 2710, 500 – 4th Avenue S.W., Calgary, Alberta T2P 2V6. A copy of this press release may be obtained on Eagle’s SEDAR profile at www.sedar.com.

Canpac Investments Corp. Announces Share Distribution Record Date

Canpac Investments Corp. Announces Share Distribution Record Date

This News Release is Not for Distribution in the United States or to U.S. News Agencies

Vancouver, British Columbia (FSCwire) – Canpac Investments Corp. (“Canpac” or the “Company”) is pleased to announce that the Board of Directors has now set the share distribution record date (the “Share Distribution Record Date”) for the plan of arrangement that was announced in its news release of October 10, 2014.

In October 2014, Canpac entered into an arrangement agreement (the “Arrangement Agreement”) with its subsidiaries, 1004692 BC Ltd, 1004694 BC Ltd, 1004696 BC Ltd, and 1004697 BC Ltd. (the “Subsidiaries”) whereby Canpac will spin-off certain assets to its four subsidiaries under the provisions of the Business Corporations Act (British Columbia). Following completion of the plan of arrangement (the “Plan of Arrangement”) new companies will be created as assets are spun out into the subsidiary companies and the current shareholders of Canpac (the “Canpac Shareholders”) will become shareholders of the newly independent companies while retaining their share positions in Canpac. Each Canpac Shareholder will hold one new share (each, a “New Share”, collectively the “New Shares”) in the capital of the Company and its pro–rata share of the Subsidiaries’ shares to be distributed under the Arrangement for each currently held Canpac share. The New Shares will be identical in every respect to the present Canpac Shares.

Approval of the Plan of Arrangement

Canpac presented shareholders with the proposed Plan of Arrangement at its Annual General and Special Meeting held on November 10, 2014 pursuant to an Interim Order issued by the Supreme Court of British Columbia (the “Court”) on October 3, 2014. An information circular providing full details of the proposed Plan of Arrangement was mailed to each Canpac Shareholder of record as of the meeting record date, October 6, 2014 (the “Meeting”). At the Meeting, the Canpac shareholders approved the Plan of Arrangement by way of a special resolution and subsequent to the Meeting, on November 20, 2014, the Court issued a final order, approving the Plan of Arrangement.

The Board of Directors has now set the Share Distribution Record Date at June 1, 2017. This means that each shareholder of record on the Share Distribution Record Date will participate in the Plan of Arrangement on a pro–rata basis and, upon completion of the Plan of Arrangement, will continue to hold substantially the same pro–rata interest they held in the Company prior to completion of the Plan of Arrangement.

Effecting the Share Spin Out

Canpac is effecting the Share Spin Out of its subsidiary company shares on a best efforts basis and will only spin out the shares of a subsidiary once it has reasonable confidence that the Company has put in place an agreement and business plan for such subsidiary that embodies a satisfactory expectation that such subsidiary company can be listed on an exchange thereby creating a market for its common shares. The Company is therefore announcing the spin out of the common shares of one such subsidiary, namely 1004696 B.C. LTD., which changed its name to Alaric I Investment Corp effective as of May 9, 2017 (“Alaric”).

After the Alaric Spin Out

Following completion of the Alaric spin out in accordance with the terms of the Arrangement Agreement, there will be two separate operating companies: Canpac Investments Corp. and Alaric I Investment Corp., each with its own assets, liabilities and separate business operations. Canpac will continue with its investment business and to seek out potentially favourable business opportunities for the remaining Subsidiaries. Alaric will become an independently operated investment company with its own management and board of directors. Alaric will seek listing on a Canadian exchange and Canpac Shareholders can expect to receive their shares of Alaric (the “Alaric Shares”). Option and warrant holders will have the ability to exercise their options and warrants prior to the completion of the Plan of Arrangement in order to participate in the Plan of Arrangement.

The Share Distribution Record Date has been set for the purpose of determining which shareholders will be entitled to receive the Subsidiaries’ shares. It is not the date on which the shareholders can expect to receive shares. Canpac Shareholders will receive their Alaric shares, after all the required steps in the Plan of Arrangement have been completed. To receive shares in Alaric, no action is required on the part of the Canpac Shareholders; those shareholders entitled to receive Alaric Shares will receive their shares in one of two ways: 1) either directly by mail of a certificate or direct registration statement evidencing their Alaric Shares to the mailing address currently on file with Canpac or 2) the Alaric Shares will be credited directly to their brokerage accounts.

Each Canpac shareholder will receive shares from each of its remaining Subsidiaries that number of common shares equal to the issued and outstanding common shares of Canpac held by the shareholder as of the Share Distribution Record Date, multiplied by a conversion factor, as those subsidiaries enter into appropriate business transactions that will result in the shares of that subsidiary company being eligible for listing on an exchange.

###

On behalf of the Board of Directors,

Anthony Chan

(604) 719 8083

anthony@avanti-partners.com

This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. All of the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required under applicable securities legislation. This news release does not constitute an offer to sell securities and the Company is not soliciting an offer to buy securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN. THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.

CAUTIONARY DISCLAIMER STATEMENT: The Company is a reporting issuer and not listed on any stock exchange. No stock exchange nor any regulation services provider accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

To view this press release as a PDF file, click onto the following link:

Maximum News Dissemination by FSCwire. http://www.fscwire.com

Copyright © 2017 Filing Services Canada Inc.

Lomiko to Expand Carbon Purity and Classification Testing at La Loutre

Vancouver, British Columbia and Montreal, Quebec–(Newsfile Corp. – May 29, 2017) – Lomiko Metals Inc. (TSXV: LMR) (OTC: LMRMF) (FSE: DH8C/DH8B) (“Lomiko”) and Canada Strategic Metals Inc. (“Strategic Metals””) (TSXV: CJC) (FSE: YXEN) (OTC: CJCFF) plan to conduct further graphite purity and characterization testing at La Loutre based on recent high-grade drill results. The only graphite purity and characterization information on the property was first reported September 24, 2014 from samples obtained previous to drilling campaigns at La Loutre. Testing material from the recent drill holes will provide more accurate information on material that has high purity, contains large flakes and is located near surface. This information will be valuable for the upcoming Pre-Economic Assessment (PEA).

On February 9th, 2016, Lomiko Metals and Canada Strategic announced a resource for the La Loutre Flake Graphite Property of 18.4 M Tonnes of 3.19% Indicated and 16.7 M Tonnes at 3.75% Flake Graphite Inferred with a cut-off of 1.5%. The sensitivity table also features 4.1 M Tonnes of 6.5% Indicated and 6.2 M Tonnes at 6.1% Flake Graphite Inferred with a cut-off of 3%. The results are all focused on the Graphene-Battery Zone.

A map of drill holes at the Refractory Zone which includes 2015 and 2016 results and highlights included 7.74% graphite over 135.60 metres including 16.81% graphite over 44.10 metres from hole LL-16-01, two different intersection in hole LL-16-02 reporting 17.08% graphite over 22.30 metres and 14.80% graphite over 15.10 metres and 110.80 metres of 14.56% Graphite in Hole LL-16-03.

The La Loutre property consists of contiguous claim blocks totalling approximately 2,867.29 hectares (28,67 km2) situated approximately 53 km east of Imerys Carbon and Graphite, formerly known as the Timcal Graphite Mine, North America’s only operating graphite mine, and 117 km northwest of Montreal. Previous carbon purity and graphite characterization at La Loutre were encouraging:

La Loutre graphite purity and classification results

US Mesh Sieve Size Sample #1
3.46% Cg
Size class Grade, % Carbon
-200 14.26% Fine 100.00%
200 — 100 mesh 22.12% Small 100.00%
100-80 mesh 7.90% Medium 100.00%
80-50 mesh 19.06% Large 96.00%
>50 mesh 36.66% Extra Large 87.72%
Total ( 200) 85.74% Average Grade 94.74%
US Mesh Sieve Size Sample #2
5.62% Cg
Size class Grade, % Carbon
-200 13.00% Fine 100.00%
200 — 100 mesh 21.26% Small 98.15%
100-80 mesh 10.46% Medium 97.56%
80-50 mesh 19.62% Large 97.30%
>50 mesh 35.67% Extra Large 96.15%
Total ( 200) 87.00% Average Grade 97.45%
US Mesh Sieve Size Sample #3
6.64% Cg
Size class Grade, % Carbon
-200 14.58% Fine 99.02%
200 — 100 mesh 23.68% Small 100.00%
100-80 mesh 9.87% Medium 100.00%
80-50 mesh 24.38% Large 100.00%
>50 mesh 27.47% Extra Large 100.00%
Total ( 200) 85.42% Average Grade 99.86%

The samples in secure tagged bags were delivered directly to the analytical facility for analysis. In this case, the analytical facility was the ALS minerals in Val-d’Or, Quebec. The samples are weighed and identified prior to sample preparation. The samples are crushed to 70% minus 2 mm, then separated and pulverized to 85% passing 75µm. All samples are analyzed for Carbon Graphite using C-IR18.

Jean-Sebastien Lavallée (OGQ #773), Geologist, is a shareholder of both companies, Executive Chairman of the Board and exploration manager of Canada Strategic and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.

For more information on Lomiko Metals, review the website at www.lomiko.com, contact A. Paul Gill at 604-729-5312 or email: info@lomiko.com.

On Behalf of the Board

“A. Paul Gill”
Chief Executive Officer

We seek safe harbor.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.