First Republic Capital

Drone Delivery Canada Appoints Pontiac Group as its Indigenous Advisors

TORONTO, March 16, 2017 /CNW/ – Drone Delivery Canada ‘DDC or the Company’ (CSE: FLT), is pleased to announce an agreement with the Pontiac Group, an Aboriginal socioeconomic development organization, to accelerate the Company’s Northern Canadian Indigenous Communities commercialization program focused for a Nation-wide roll out of the Company’s drone logistic solution, beginning first in Northern Ontario.

“With more than 1.4 million people in Canada identifying themselves as an Indigenous person, this is a very large market for us where both the demand and benefits from employing drone delivery solutions in these remote communities is very significant,” commented Tony DI Benedetto, CEO of Drone Delivery Canada. “Pontiac Group’s management team has demonstrated to us that they have the business and community acumen to deliver what we need to succeed in this large vertical.”

For more information, click here.

88 Capital Corp. Announces Brokered Private Placement of up to $3 Million

Vancouver, B.C. (FSCwire) – 88 Capital Corp. (TSX.V: EEC) (the “Company”) is pleased to announce it has retained First Republic Capital Corporation (the “Agent”) to act as agent in connection with a best efforts brokered private placement to raise gross proceeds of $3,000,000 (the “Offering”). Pursuant to the Offering, the Company intends to issue: (a) 8,000,000 units (the “Units” or individually a “Unit”), at a price of $0.125 per Unit for total gross proceeds of $1,000,000; and (b) 13,333,333 flow-through shares (“FT Shares”), at a price of $0.15 per FT Share for total gross proceeds of $2,000,000.

Each Unit will consist of one common share and one-half of one common share purchase warrant (“Warrant”), with each Warrant being exercisable to acquire one common share of the company at a price of $0.25 for a period of 36 months following the closing date of the Offering.

Read the full article here.

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, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements.

For more information, click here.

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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 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 subject to adjustment in the event that the Corporation issues common shares at a price below $0.25 per share while the Debenture is outstanding. For each $0.25 of Debenture purchased, subscribers will receive (i) one-half of one transferable share purchase warrant (an “A Warrant”), with each whole A Warrant entitling the holder thereof to acquire one common share at a price of $0.30 per warrant share until the date that is 24 months from the closing date; and (ii) one-half of one transferable share purchase warrant (a “B Warrant”), with each whole B Warrant entitling the holder thereof to acquire one warrant share at a price of $0.45 per share until the date that is 36 months from the closing date. In the event that the closing price of NuRAN’s common shares on the Canadian Securities Exchange is $0.60 or greater per common share during any twenty (20) consecutive trading days period at any time after 4 months from the Closing Date and within 24 months after the closing date, the B Warrant will expire, at the sole discretion of NuRAN, at 4:00 p.m. (Toronto time) on the 30th day after the date on which NuRAN provides notice of acceleration to the B Warrant holders. The Corporation shall be entitled to prepay the full amount of the Debentures without penalty at any time after 6 months from their issuance date. As a condition of the Debentures and Agency Agreement NuRAN and its wholly owned subsidiary, Nutaq Innovation Inc. (“Nutaq”) granted security over their respective assets by way of Hypothec, NuRAN entered into a general security agreement over all present and after acquired property of NuRAN and Nutaq provided a guarantee securing the obligations of NuRAN under the Debentures.

For more information or to read the full article, please click here.

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 4 years throughout Africa.

To read the full article, click here.

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 sectorDrilling was completed over a 1.8 km strike length of the prospective manganese occurrence trend. During the drill program, emphasis was placed on the Sharpe Farm – Moody Hill sector, henceforth called the Battery Hill Deposit by the Company.

Conclusion from the Battery Hill Deposit Drill Program:

The initial drill program, consisting of wide spaced drill holes, has confirmed significant widths of near surface manganese mineralization over a strike length of approximately 1.5 km.

Intersection widths of up to 87.7 m (287.7 ft) and MnO grades of up to 21.5% were encountered as shown on the table below.

Mineralization remains open to depth and along strike.

Based on the current drill results, the mineralization shows good continuity and has been intersected from surface to vertical depths of 115 meters. The Company is exploring the property with the objective of potential future development through low cost open pit mining.

For more information, please click here.

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 Medical Marijuana Program Act (Health & Safety Code Sections 11362.5, et seq.). Tinley has entered into an exclusive contract with the Collective to provide management and other services.

Prospective patients can now join the Collective at www.tinleycollective.com. A valid California medical recommendation is required, which can be obtained from any licensed California physician, in person, online and via telemedicine.

To read the full article, click here.

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 Products, (ii) Advanced Development Platforms (“ADP”) and (iii) Engineering Services.

These new contracts continue to demonstrate NuRAN’s ability to work on the most advanced and cutting edge engineering in the wireless field. NuRAN is recognised worldwide as a market leader in technology innovation in wireless and multi channel solutions.

The company’s engineering know-how has led to development of the world’s lowest capex and opex products for remote and rural connectivity. The company is also working to develop the next generation of products to maintain its worldwide leadership.

“Nutaq has always been at the heart of what we know best. It is through this expertise developed over the past 25 years that we are now in a position to exploit a huge need to connect the next billion with cellular and data. Our products were born from this know-how. We expect 2017 to be a transformative year for NuRAN as we convert our ever increasing sales pipeline to purchase orders”, states Martin Bedard.

To read more click here.

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 (the “Conversion Price”) subject to adjustment in the event that the Corporation issues common shares at a price below $0.25 per share while the Debenture is outstanding. For each $0.25 of Debenture purchased, subscribers will receive (i) one-half of one transferable share purchase warrant (an “A Warrant”), with each whole A Warrant entitling the holder thereof to acquire one common share at a price of $0.30 per warrant share until the date that is 24 months from the closing date; and (ii) one-half of one transferable share purchase warrant (a “B Warrant”), with each whole B Warrant entitling the holder thereof to acquire one warrant share at a price of $0.45 per share until the date that is 36 months from the closing date. In the event that the closing price of NuRAN’s common shares on the Canadian Securities Exchange is $0.60 or greater per common share during any twenty (20) consecutive trading day period at any time after 4 months from the Closing Date and within 24 months after the closing date, the B Warrant will expire, at the sole discretion of NuRAN, at 4:00 p.m. (Toronto time) on the 30th day after the date on which NuRAN provides notice of acceleration to the B Warrant holders. The Corporation shall be entitled to prepay the full amount of the Debentures without penalty at any time after 6 months from their issuance date.

To view the full press release please click here.

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.