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

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

Cauchari JV Project Update Continued Success in Phase III Program in the SE Sector with Hole CAU22 averaging ~550 mg/l Li

V.AAL, Advantage Lithium, lithium, Argentina, David Sidoo
Advantage Lithium,
Figure 1: Location of CAU22 and other drill holes (CNW Group/Advantage Lithium Corp)

Advantage Lithium Corp. (the “Company” or “Advantage Lithium”) (TSX Venture: AAL) (OTCQX: AVLIF) is pleased to provide this update on the brine sampling results from diamond core hole CAU22 in the SE Sector of the Cauchari JV property located in Jujuy Province, Argentina. read more

FSD Pharma Featured on CTV Toronto

C.HUGE, FSD Pharma, cannabis, pot

FSD Pharma Inc. (“FSD” or the “Company”) (CSE: HUGE) is pleased to provide shareholders and interested parties with a link to the CTV Toronto program segment featuring interviews with executives and employees at the Company’s facility in Cobourg. In the segment, CEO and President Thomas Fairfull, Director Anthony Durkacz, and EVP and Director Zeeshan Saeed discuss job creation and the Company. read more

MGX Minerals Announces Record Date for Dividend of ZincNyx Energy Solutions Shares; Provides Public Listing Update

CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FSE: 1MG) is pleased to provide an update regarding the proposed spin-out of its wholly owned subsidiary, ZincNyx Energy Solutions Inc. (“ZincNyx”), the intentions for which were previously announced in the Company’s October 3, 2018 news release (the “Prior Release”). The Company has determined to fix October 22, 2018 as the record date (the “Record Date”) for the proposed 2nd distribution of the payment of a dividend in kind of common shares in the capital of its wholly owned subsidiary, ZincNyx (the “ZincNyx Shares”) to shareholders of MGX as of the Record Date (“MGX Shareholders”). U.S shareholders will be eligible to receive the proposed distribution, however there is no guarantee ZincNyx shares will be listed on a qualified U.S. exchange. The Company will issue dividend shares totaling 7% of its holdings in ZincNyx to MGX Shareholders of Record, pending final pricing of shares.  As previously announced, shareholders of record of June 29, 2018 will receive a dividend of 33%. read more

White Gold Corp. Announces C$15 Million Bought Deal Financing; Agnico Eagle Mines and Kinross Gold Corp Each Maintain Approximate 19.6% Interest

White Gold Corp. (TSX.V: WGO) (the “Company”) is pleased to announce that it has entered into an agreement pursuant to which  Clarus Securities Inc. on its own behalf and on behalf of a syndicate of underwriters (collectively, the “Underwriters”) have agreed to purchase, on a bought deal basis, 3,333,333 common shares (“Common Shares”)  and 5,000,000 flow-through common shares (the “Flow-Through Shares”) at a price of C$1.50 per Common Share and C$2.00 per Flow-Through Share, to raise aggregate gross proceeds of C$15million (the “Offering”).  The gross proceeds from the sale of the Flow-Through Shares will be used by the Company to incur exploration expenditures on its properties in the White Gold District of the Yukon Territory (the “Qualifying Expenditures”) prior to December 31, 2019.  The Qualifying Expenditures will be renounced to subscribers of Flow-Through Shares for the fiscal year ended December 31, 2018.  The gross proceeds from the sale of the Hard Shares will be used for general corporate expenses. read more