Category: featured_news

FSD Pharma Inc. announces acquisition to expand in Newfoundland for production and sales

•Strategic investment of $40 million to bring economic benefits to province of Newfoundland
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C.HUGE, FSD Pharma, cannabis, pot
Cision

FSD Pharma Inc. (“FSD” or the “Company”) (CSE:HUGE) (OTC: FSDDF) is pleased to announce a binding agreement to purchase 51% of Atlantic Island Cannabis Inc. (to be renamed FSD Atlantic Pharma Inc.) effective July 4, 2018. The agreement involves a strategic investment of $40 million to drive production and sales of legal cannabis in the province of Newfoundland. In the first phase of the project, an indoor high quality 45,000 square foot cannabis production facility will be set up in Freshwater, Carbonear, Newfoundland. This site is expected to bring about economic benefits for the province and to create 200 local, management and construction jobs through a phased expansion approach. Phase two of the project will involve a further expansion of the indoor grow facility to up to approximately 300,000 square feet for the production and processing of legal cannabis. read more

MGX Minerals and Engineering Partner Highbury Energy Announce R&D for Petroleum Coke to Synthetic Crude Oil Gasification with Vanadium, Nickel, Cobalt Extraction

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CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) and Highbury Energy Inc. (“Highbury”) are pleased to report additional work has commenced on gasification of petroleum coke (“petcoke”), an oilsands and refinery by-product, into a synthetic liquid equivalent to refinery crude oil feedstock. The expanded research and development is focused on the re-processing of petcoke waste product to a synthetic crude oil. The target specification is being designed to allow for reuse of petcoke into a primary input equivalent to crude oil that can be upgraded into petro-chemical products in a traditional refinery without any modification to existing equipment. The goal is to produce a fuel which can seamlessly integrate into existing refinery operations. This represents a potential long-term use for the large existing stockpiles of petcoke as well as ongoing output of petcoke and other waste products without significant changes to the existing refinery infrastructure. To date work has been focused on petcoke to hydrogen gas output and the extraction of metals from the gasification of the residual ash, in particular vanadium, nickel, and cobalt. read more

MGX Minerals and Engineering Partner PurLucid Announce Arrival of Second Rapid Lithium Extraction and Wastewater Treatment System

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CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (OTCQB:MGXMF) (FSE:1MG) and engineering partner PurLucid Treatment Solutions Inc. (“PurLucid”) are pleased to report that two sea containers containing a second wastewater treatment system have arrived from the pipe and metal fabricator. The system is scheduled for installation at an oil and gas operation in Alberta to treat evaporator blowdown brine. The system, capable of processing high salinity wastewater from SAGD operations, will remove colloidal and dissolved minerals for substantial water reuse, lower cost and reduced environmental liability. read more

FSD Pharma Announces Collaboration and Profit Sharing Agreement with Canntab for Production and Market of Oral Dose Delivery Platforms

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C.HUGE, FSD Pharma, cannabis, pot
Cision

FSD Pharma (CSE: HUGE) (OTC: FSDDF) (“FSD Pharma“), which, through its wholly-owned subsidiary FV Pharma Inc., is a licensed producer pursuant to the Access to Cannabis for Medical Purposes Regulations, is pleased to announce that it has entered into a non-binding letter of intent (the “LOI“) with Canntab Therapeutics Limited (CSE: PILL) (“Canntab“), a leader in the rapidly growing cannabis pill market. Under the terms of the LOI, FSD Pharma will assist Canntab to obtain a license to process and sell cannabis products pursuant to the Cannabis Act (the “License“), and will provide Canntab with space at its 620,000 square foot facility (the “FSD Facility“), which is located just one hour east of Toronto in Cobourg, Ontario (the “Transaction“). read more

Golden Predator Commences Drilling at Brewery Creek Project; Assesses Alternate Leaching Technology

Program aims to improve project economics and size of current resource
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Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

Golden Predator Mining Corp. (TSX.V:GPY) (OTCQX:NTGSF) (the “Company”) announces it has commenced a 1,500 m diamond drilling program at its 100% owned, past-producing Brewery Creek Project in Canada’s  Yukon to evaluate the potential for: 1) economic enhancement of this former producer; and 2) expansion of the current resource package. read more

NexGen’s Winter Assays Confirm Uranium Mineralization in Newly Discovered Areas of the A0 Shear, 160 m Northwest and Northeast Along Strike from the A1 and A2 Shears, and Strong Continuity From Infill Drilling at Arrow Deposit

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T.NXE, NexGen, uranium
Figure 1: Arrow and South Arrow Drill Hole Locations (CNW Group/NexGen Energy Ltd.)

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE) is pleased to report assay results for all fifty-four holes from our recently concluded winter drilling program on our 100% owned, Rook I property, in the Athabasca Basin, Saskatchewan.  read more

MGX Minerals Provides Driftwood Creek Magnesium Update; Engages Hatch Ltd. for Pre-Feasibility Study Analysis and Reports Regional Exploration Results

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CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG) (OTCQB:MGXMF) (FSE:1MG) is pleased to provide a status update for its Driftwood Creek magnesium project (“Driftwood Creek”) as well as report regional exploration results for its portfolio of magnesium prospects located proximate to Driftwood Creek in southeastern British Columbia. read more

FSD Pharma Breaks All-Time Monthly Stock Volume Trading Record

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FSD Pharma Inc. (“FSD” or the “Company”) (CSE:HUGE), is pleased to report that in the one month period of trading between May 29, 2018 and June 28, 2018, the company traded exactly 869,232,894 Class B subordinate voting shares on the Canadian Securities Exchange (“CSE”). This is the largest total quantity of share volume ever traded by a CSE listed issuer within a one month period of consecutive days of trading. Comparatively, the largest amount traded prior on the CSE in a one month period of consecutive days was 380,976,411. This is a new record as confirmed by the CSE. read more

MGX Minerals Files Application to Complete 3D Seismic Survey at Utah Petrolithium Project

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CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (OTCQB:MGXMF) (FSE:1MG) is pleased report that the Company’s local Operating Partner (the “Partner”) has filed with the U.S. Bureau of Land Management (“BLM”) an application to complete a a 65.4 square mile 3D seismic survey over the Blueberry Unit (“Blueberry”) at the Company’s Utah Petrolithium Project (the “Project”) located in the Paradox Basin of Utah. The survey will include 9,062 source points and comprise 6,354 vibrator points, 841 buggy drill points and 1,867 Heli points. Pending BLM consultation and approval, the Company plans to commence the 3D Seismic Survey in August. read more