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.
Manganese X Energy Corporate and Property Update
MONTREAL, QC–(Marketwired – December 08, 2016) – Manganese X Energy Corp. (the “Company”) (TSX VENTURE: MN) is pleased to announce that it has recently completed gravity and magnetometer surveys focusing on three primary areas: Iron Ore Hill, Sharpe Farm and Moody Hill, near Woodstock, New Brunswick.
Total tonnage projected by Sidwell for Moody Hill, Sharpe Farm and Iron Ore Hill, all located on our current claims, (see previous Press release dated 2016/11/30) was 43,000,000 tons (39,009,000 tonnes) with an average Mn content of 9%. Note: The above estimates are from Sidwell, 1957 using limited drilling and a widely spaced gravity survey. The Company has not done enough work to verify these resources, therefore the above reserves are historical in nature and the company, Manganese X Energy Corp., is not treating this historical estimate as a current mineral resources / reserves as defined under NI 43-101. Neither quality assurance (QA) nor quality control (QC) can be performed because the entire old drill core has been lost. Additional systematic surface drilling is required to verify the historical estimates and possibly upgrade part of the whole historical estimate into current resources. Systematic surface drilling is required to outline a NI 43-101 resource. For further information please refer to our NI 43-101 Technical Report on our website www.manganesexenergycorp.com or refer to our previous press release dated November 30, 2016.
After studying the results from both the gravity and magnetometer surveys, a diamond drill program totaling 16 holes for approximately 3600 meters, was commenced and is currently in progress to test the Iron Ore Hill, Moody Hill, Sharpe Farm occurrences. The drill program will be completed by year end and assay results are expected towards the end of January 2017.
The technical information contained in this news release has been reviewed and approved by Perry MacKinnon, P.Geo, who is a Qualified Person regarding Manganese X Energy’s Houlton Woodstock manganese property located in Carleton County, New Brunswick.
Manganese X Energy would like to acknowledge the financial support provided by the Province of New Brunswick through the New Brunswick Junior Mining Assistance Program (NBJMAP).
Manganese X Energy’s mission is to acquire and advance high potential mining prospects located in North America with the intent of supplying value added materials to the lithium ion battery and other alternative energy industries. For more information visit the website at ww.manganesexenergycorp.com.
Sunset Cove Mining Announces Name and Ticker Change and Website Update
MONTREAL, QUEBEC–(Marketwired – Dec. 1, 2016) – Sunset Cove Mining Inc. (the “Company”) (TSX VENTURE:SSM) is pleased to announce that the Company has filed Notice of Alteration effecting its name change to Manganese X Energy Corp. The Company expects that the shares will commence trading on the TSX Venture Exchange under the new name and ticker symbol “MN” upon the opening of the markets on December 2, 2016.
Website Update
The Company has changed its website address to www.manganesexenergycorp.com which will be activated in the coming days.
Manganese X Energy’s mission is to acquire and advance high potential mining prospects located in North America with the intent of supplying value added materials to the lithium ion battery and other alternative energy industries. For more information visit the website at www.manganesexenergycorp.com.
Richard Goldstein has been appointed as a member of the Registrant Advisory Committee (RAC) for the 2015-2017 term.
OSC Announces New Registrant Advisory Committee Members
TORONTO – The Ontario Securities Commission (OSC) announced today the membership of the Registrant Advisory Committee (RAC) for the 2015-2017 term. The RAC serves as a forum to discuss issues and challenges faced by registrants in interpreting and complying with Ontario securities law, including registration and compliance related matters.
The Committee will also play a consultative role by providing feedback to the OSC on the development and implementation of policy and rule making initiatives that promote investor protection and fair and efficient capital markets.
Debra Foubert, Director of the Compliance and Registrant Regulation Branch, will continue to Chair the RAC.
The RAC is composed of members representing the different registration categories and business models overseen by the OSC. The Committee is expected to meet approximately four to six times per year, in addition to possible ad hoc meetings as required, with members serving two-year terms. The Committee members are:
Robert Maxwell Arrow Capital Management Inc.
Prema K. R. Thiele Borden Ladner Gervais LLP
Leonard Racioppo Coerente Capital Management Inc.
Matthew Irwin Ewing Morris & Co. Investment Partners Ltd.
Richard Goldstein First Republic Capital Corporation
Eric Adelson Invesco Canada Ltd.
Brent H. Moore Mackenzie Financial Corporation
Catherine Chamberlain Vanguard Investments Canada In
Cora Pettipas National Exempt Market Association
Matthew Brad Mutual Fund Dealers Association of Canada
Sandra Blake Investment Industry Regulatory Organization of Canada
Cathy Tuckwell Portfolio Management Association of Canada and 1832 Asset Management L.P.
L’Oreal, Barilla launch mobile receipts promotions at Walmart – Snipp
As mobile receipts-based promotions begin to mature, early adopters are taking the strategy to the next level by integrating with their loyalty initiatives and using it to measure the return on investment for different media channels.
Walmart’s receipts push continues to draw the attention of big brands interested in leveraging the convenience of mobile and the retailer’s large customer to drive engagement and collect important shopper data. These promotions as well as others from Sunoco and Healthy Choice all leverage the Snipp Interactive platform, with a number of these marketers repeat customers for Snipp, suggesting that mobile-based receipt promotions are proving effective.
http://www.mobilecommercedaily.com/loreal-barilla-launch-mobile-receipts-promotions-at-walmart
Snipp Interactive Inc. Executes Share Purchase Agreement to Acquire Customer Loyalty Management Subsidiary of Swiss Post Solutions
BETHESDA, MARYLAND–(Marketwired – Jan. 5, 2015) – Snipp Interactive Inc. (TSX VENTURE:SPN) (“Snipp”), an international provider of mobile marketing solutions listed on the TSX Venture Exchange (Trading Symbol: SPN), announces that it has entered into a share purchase agreement (the “Purchase Agreement”) with Post CH Ltd. (“Swiss Post”) dated January 2nd, 2015, pursuant to which Snipp has agreed to acquire (the “Acquisition”) all of the issued and outstanding shares of Swiss Post Solutions Ireland Limited (“Swiss Post Ireland”).
The Acquisition is expected to close on or about January 31, 2015 and will be financed from Snipp’s current cash reserves. The acquisition is expected to contribute upwards of $1.5MM in revenue for FY 2015 and generate positive Net Income. The parties have agreed not to disclose the acquisition price publicly.
Snipp Interactive signs 3 year Master Service Agreement with leading North American food and beverage giant
BETHESDA, MD — Snipp Interactive Inc. (“Snipp”), an international provider of mobile marketing solutions listed on the TSX Venture Exchange (Trading Symbol: SPN), has signed a three year Master Services Agreement (MSA) with a leading North American food and beverage company.