FSD Pharma Signs Binding LOI to Acquire Therapix Biosciences, aNASDAQ Traded Pharmaceutical Company Focusing on the Development ofCannabinoid-Based Treatments, to Create Medical Cannabis IndustryInnovator

C.HUGE, FSD Pharma, cannabis, pot

Transaction combines two highly complementary businesses; the significant production and distribution of medical and recreational products by FSD Pharma, and the premium and differentiated medical and pharmaceutical brands by Therapix Biosciences; read more

DXI Discusses Improved Operational Economics at Kokopelli

DXI Energy Inc. (TSX:DXI.TO) (OTCQB:DXIEF) (“DXI” or the “Company”), an upstream oil and natural gas exploration and production company operating projects in Colorado’s Piceance Basin and the Peace River Arch region in British Columbia today announced that the implementation of operational enhancements by the new project operator designed to significantly improved production efficiency at the Kokopelli gas/liquids field.    By leveraging existing facilities nearby, owned by operator TEP of Houston Texas, and spreading the Kokopelli operational costs over a large number of production wells, the operator is significantly reducing or eliminating key current expenses associated with Kokopelli such as labor, supervision and chemical costs.  As a result, DXI expects to experience a net revenue improvement of approximately 100% for its current U.S. production profile.    Additionally, it should be noted that Nymex gas price has risen in recent weeks to  approximately US$3.25 per mmcf, a 20%+ improvement over the 1st half of 2018, proceeds of which should also be noticeable in monthly net revenues.    DXI Energy, through its U.S. subsidiary, maintains an ownership position of 25% WI in this 2,200 acre HBP property.  The Kokopelli project hosts 12 production wells, including a 12000’ Mancos discovery, a state-of-the-art PWD facility and an inventory of over 250 undrilled locations to access the Williams Fork and/or Mancos, the two primary producing hydrocarbon horizons of this Basin. About DXI ENERGY INC. DXI Energy Inc. maintains offices in Calgary and Vancouver, Canada and has been producing commercial quantities of oil and gas since 2008. The company is publicly traded on the Toronto Stock Exchange (DXI.TO) and the OTCQB (DXIEF). read more

Honouring the Land: Golden Predator Working Together with the Kaska First Nation

V.GPY, Golden Predator, gold, yukon

Part of the job of an exploration company CEO is doing corporate presentations. Janet Lee-Sheriff, CEO of Golden Predator (V.GPY), was in Philadelphia to do a lunch presentation to a group of high net worth individuals. She began her presentation by showing Kaska Kayeh, a video about how the First Nations on whose land GPY is exploring, understand the land, the wildlife and the water and moving forward with mining interests. A video produced by Golden Predator and a former Kaska chief and featuring Kaska Elders speaking, often in their own language, about the sacredness of the land and how to work together. read more

Canntab Files Application to Become Licensed Producer

canntab, c.pill, cannabis

Canntab Therapeutics Limited (CSE: PILL) (“Canntab” or the “Company“) a leader in the development of precision oral dose cannabis tablets and capsules, is pleased to announce that it has filed an application to become a Licensed Producer under the Access to Cannabis for Medical Purposes Regulations (the “License“), and that it received confirmation from Health Canada that its application had been received. The License, if granted by Health Canada, would allow the Company to process cannabis products at its current production facility in Markham, Ontario with minimal additional capital expenditures as compared to a new purpose-built facility. read more

Goldplay receives permit for drilling of the San Marcial Project

V.GPLY, Goldplay Exploration, gold
Cision

Goldplay Exploration Ltd. (TSXV: GPLY, OTCQB: GLYXF – the “Company” or “Goldplay”) is pleased to announce that it has received approval from the Mexican national environmental agency for its upcoming drill programs at the San Marcial Project, Sinaloa, Mexico. Planning is underway for drilling campaigns to complement the Company’s San Marcial resource estimate, due in December 2018, and the subsequent PEA studies scheduled for completion in 2019. read more

MGX Minerals Announces Arrival of First Rapid Lithium Extraction Oil & Gas Wastewater Treatment System

CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FSE: 1MG) is pleased to report that engineering partner PurLucid Treatment Solutions (“PurLucid”) has delivered the first petrolithium and advanced wastewater treatment system to a centralized treatment and processing facility north of Edmonton and proximate to the Alberta oilsands. The commercial-scale 750 barrel per day (bpd) system is currently in final phase electrical connection and will be in operation shortly. MGX and PurLucid expect to begin processing concentrated evaporator blowdown wastewater under an existing agreement with an oilsands SAGD operator in early November and additional wastewater containing lithium from a second oilsands SAGD operator shortly thereafter. read more