Iconic Receives Metallurgical Phase 2 Testing Update from St-Georges Eco-Mining Corp. for Bonnie Claire Lithium Project, Nevada

Vancouver, British Columbia–(Newsfile Corp. – January 16, 2019) – Iconic Minerals Ltd. (TSXV: ICM) (OTC Pink: BVTEF) (FSE: YQGB) is pleased to announce that it has received an update from St-Georges Eco-Mining Corp. (“St-Georges”) regarding Phase 2 metallurgical testing of the lithium-rich sediments (the “Sediments”) from Iconic’s Bonnie Claire lithium deposit in Nevada.

St-Georges’ metallurgists report that they have successfully improved the concentration of lithium in the Sediments, originally reported in December (refer to news release December 20, 2018) using mechanical separation and selective leaching of other elements within the Sediments. The additional tests St-Georges completed in Stage 2, through selective leaching methods, have improved the elimination of barren material from 55% to 85%-88%, while retaining 100% of the lithium. Upon completion approximately 12% to 15% of the original material remains for further processing and purification. This process may significantly reduce the cost of production.

St-Georges is proceeding with the next stage of tests within Phase 2, where it hopes to improve the leaching selectivity. Iconic looks forward to receiving further metallurgical results from St Georges.

The Bonnie Claire Lithium Property Characteristics:

The Property is located within Sarcobatus Valley that is approximately 30 km (19 miles) long and 20 km (12 miles) wide. Quartz-rich volcanic tuffs, that contain anomalous amounts of lithium, occur within and adjacent to the valley. Geochemical analysis of the local salt flats has yielded lithium values up to 340 ppm. The gravity low within the valley is 20 km (12 miles) long, and the current estimates of depth to basement rocks range from 600 to 1,200 meters (2,000 to 4,000 feet). The current claim block covers an area of 35 km2 (13.5 mi2) with potential to be underlain by lithium-rich sediments.

On behalf of the Board of Directors

SIGNED: “Richard Kern

Richard Kern, President and CEO
Contact: Keturah Nathe, VP Corporate Development (604) 336-8614

For further information on ICM, please visit our website at www.iconicminerals.com
The Company’s public documents may be accessed at www.sedar.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Advertisements

Detailed factual information about Zwoop Limited’s placement into creditors’ voluntary liquidation posted on Ivanhoe Capital website following Telegraph newspaper’s false and misleading reports

(The following statement by Ivanhoe Capital Corporation has been issued in response to stories published by The Telegraph on January 11 and 15, 2019, involving investments by Ivanhoe Capital and related companies.)

London, United Kingdom–(Newsfile Corp. – January 16, 2019) – Ivanhoe Capital Corporation announced today that detailed, factual, reference information about the recent placement into creditors’ voluntary liquidation of Zwoop Limited, a prospective start-up venture with an online retail-shopping app, now is publicly available on the Ivanhoe Capital website.

Ivanhoe Capital Chairman Robert Friedland became the principal third-party investor in the Hong Kong-based Zwoop enterprise in 2016. However, serious financial problems, including actions by Zwoop’s chief executive, came to light in late 2018 that left the company’s board of directors no alternative but to have independent administration established for Zwoop on December 18, 2018.

The Telegraph, a London-based daily newspaper, published its proclaimed “exclusive” examination of Zwoop’s failure on January 11 in online and print stories. A four-page response to the numerous factual errors, misrepresentations and omissions in The Telegraph’s January 11 story was written and emailed to The Telegraph’s reporter on January 12 by Quentin Markin, who is independent corporate legal counsel to Ivanhoe Capital and Mr. Friedland. Mr. Markin asked The Telegraph reporter to publish an updated, balanced account of Zwoop events, adding, “It now is essential that the relevant facts be placed on The Telegraph’s public record without any delay to accurately inform your readers.”

Instead, three days later, on January 15, The Telegraph published a short, follow-up story that did incorporate some of the factual information provided by Mr. Markin. But in a failure of professional journalism, The Telegraph fabricated a headline on its January 15 story attributing some of Mr. Markin’s words to Mr. Friedland. Then, The Telegraph’s January 15 story further, falsely claimed in two instances that Mr. Friedland had made accusations that, in fact, were not made by Mr. Friedland or Mr. Markin, but amounted to mischaracterizations of the factual information presented by Mr. Markin in his January 12 emailed letter. In addition, The Telegraph ignored requests to correct specific errors of fact in its original January 11 story that were identified by Mr. Markin.

“Mr. Friedland did not make the comments claimed by The Telegraph,” Mr. Markin said in a statement provided to Ivanhoe Capital. “The Telegraph’s attribution to Mr. Friedland of my words, which result from my personal involvement in the matter, is dishonest and deceives its readers.”

The truth must be respected. Mr. Markin’s January 12 letter to The Telegraph, and related reference documents, are available for the record at: https://ivanhoecapital.com/site/assets/files/4039/telegraph_letter_and_documents.pdf

Information contacts

Investors
Bill Trenaman +1.604.688.6630

Media
Bob Williamson +1.604.512.4856

Website www.ivanhoecapital.com

Mainstream Minerals Announces Closing of Private Placement

Toronto, Ontario–(Newsfile Corp. – January 16, 2019) – Mainstream Minerals Corporation (the “Company“) announces that it has closed its previously announced private placement for aggregate gross proceeds of $500,000 through the issuance of 50,000,000 common shares (“Common Shares“) of the Company at a price of $0.01 per Common Share (the “Offering“).

The transaction constituted a related party transaction within the meaning of Multilateral Instrument 61-101 (“MI 61-101“) as an insider of the Company subscribed for an aggregate of 2,750,000 Common Shares pursuant to the Offering. The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(1)(a) of MI 61-101, as the fair market value of the participation in the Offering by the insider does not exceed 25% of the market capitalization of the Company, as determined in accordance with MI 61-101. The Company did not file a material change report in respect of the related party transaction at least 21 days before the closing of the Offering, which the Company deems reasonable in the circumstances in order to complete the Offering in an expeditious manner.

All Common Shares issued in connection with the Offering are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.

For further information, please contact:

Lisa McCormack
President & Chief Executive Officer
Tel: 416-361-2515
Email: lmccormack@irwinlowy.com

This news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “would”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

Backers of Proposed Ethnic Television Service Issue Final Response to CRTC

Plan Would Reinvent Multi-Language Broadcasting in Canada

Markham, Ontario–(Newsfile Corp. – January 16, 2019) – Ethnic Channels Group (ECG), the Canadian broadcaster and television distributer behind a new multiethnic television service called Voices, yesterday submitted their final response as part of the CRTC’s licencing process. The CRTC is reviewing eight applications for a single mandatory-carriage broadcast licence for a national multi-lingual, multi-ethnic television service.

Voices would use existing broadcasting technology to send programming in ten languages, via simultaneous translation, in its first year. That number will grow to 25 by year four.

“This is proven technology and the architecture is in place, in Canada, today,” says Hari Srinivas, Presented of ECG. “It’s been used in India for years. There is no question it will work here too, and Canadian viewers will benefit.”

“Our competitors are questioning our proposal because it goes so much further than anything in the market today – and anything they’re proposing for their own potential services,” says Slava Levin, ECG’s Chief Executive Officer. “They can’t question that ours is the better service, so they’re questioning how we will implement it. And as we’ve proven, those arguments don’t stand up.”

ECG’s response restated that Voices will use the full capabilities of existing digital technology to provide coverage of multiple third-language communities simultaneously. This differentiates Voices from the current ethnic service, which gives more time and better scheduling to some languages, while very little time to others. The letter to the CRTC also points out that EGC has extensive experience in ethnic media in Canada and around the world, serving more third-language programming than any other broadcaster in Canada today. That is in addition to producing programming in 16 languages from their Markham studio and headquarters.

Finally, ECG notes that they are a company of entrepreneurs who have come from around the world and deeply understand the immigrant experience. “Canada needs Voices,” says Srinivas. “It addresses Canada’s diversity and it will help meet the need for news and information programming for all Canadians.”

For further information contact visit voicestv.ca or contact:
Jason Kinnear
jason@venture4thnow.com

647-291-8026

Blocplay Entertainment Provides Status Update

Toronto, Ontario–(Newsfile Corp. – January 16, 2019) – Blocplay Entertainment Inc. (CSE: PLAY) (the “Company“) is providing a default status report in accordance with the alternative information guidelines set out in National Policy 12-203 – Cease Trade Orders for Continuous Disclosure Defaults (“NP 12-203“).

On November 23, 2018, the Company announced (the “Default Announcement“) that it had not filed its interim financial statements and management discussion and analysis for the nine-month period ended September 30, 2018, together with the related certification of filings under National Instrument 52-109 – Certification of Disclosure in Issuers’ Annual and Interim Filings (collectively, the “Continuous Disclosure Documents“) by the prescribed deadline of November 29, 2018.

The Company anticipates that the Continuous Disclosure Documents will be filed on or before February 1, 2019. The Company will continue to provide bi-weekly updates, as contemplated by NP 12-203, until the Continuous Disclosure Documents have been filed. In the event that the Company does not file the Continuous Disclosure Documents by February 1, 2019, the Canadian Securities Regulatory Authorities may impose an issuer cease trade order on the outstanding securities of the Company. The Company intends to satisfy the provisions of the Alternative Information Guidelines during the period it remains in default of the filing requirements. The Company confirms that there is no other material information relating to its affairs that has not been generally disclosed.

For further information, please contact:

Blocplay Entertainment Inc.
Tel: 647-776-1209
Email: investors.blocplay@gmail.com

Forward-Looking Information

Certain information set forth in this news release may contain forward-looking information that involve substantial known and unknown risks and uncertainties. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions, and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking information. The parties undertake no obligation to update forward-looking information except as otherwise may be required by applicable securities law.

Sojourn Exploration Inc. Signs Non-Binding Letter of Intent to Sell Willoughby Property to Strikepoint Gold Inc.

Vancouver, British Columbia–(Newsfile Corp. – January 16, 2019) – Sojourn Exploration Inc. (TSXV: SOJ) (OTC Pink: SJRNF) (“Sojourn“) is pleased to announce the signing of a non-binding letter of intent with Strikepoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) (“Strikepoint“) respecting the potential acquisition by Strikepoint of 100% of Sojourn’s Willoughby Property (the “Property“). The Property is situated about 30 kilometers east of Stewart, British Columbia in the province’s famed Golden Triangle. The terms of proposed transaction set out in the letter of intent (the “Proposed Transaction“) include:

  • Strikepoint will acquire 100% of the Property;
  • Strikepoint will make a cash payment to Sojourn of CAD$85,000;
  • Strikepoint will issue 3,000,000 common shares to Sojourn;
  • Sojourn will retain a 1.5% net smelter return royalty, which can reduced by Strikepoint to 0.5% for an additional cash payment of $1,000,000.
  • Payment to Sojourn of a non-refundable deposit of $10,000.

Sojourn President & CEO Tyler Ruks commented: “The Proposed Transaction will provide Sojourn with a significant share position in Strikepoint and a royalty on the Willoughby project. This will provide Sojourn shareholders with exposure not only to exploration upside at Willoughby, but to Strikepoint’s entire project portfolio, which includes exciting high grade precious metals properties in BC’s Golden Triangle, and throughout the Yukon. The Strikepoint team has a track record of discovery, wealth creation for shareholders, and significant prior exploration experience with Willoughby. We are confident that the Strikepoint team will make exciting discoveries that will benefit Sojourn shareholders.”

The Proposed Transaction is subject to a number of conditions including: the parties entering into a binding definitive agreement containing customary representations and warranties for a transaction of this nature, approval of Sojourn’s board of directors, completion of satisfactory due diligence, and receipt of all necessary regulatory approvals including approval of the TSX Venture Exchange.

It is anticipated that the Proposed Transaction will close on or around March 15, 2019.

For further information please contact: Tyler Ruks, President and CEO at +1 (604) 638 3695

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the accuracy or adequacy of this release.

Benz Delays AGM

Vancouver, British Columbia–(Newsfile Corp. – January 16, 2019) – Benz Mining Corp. (TSXV: BZ) (the “Company” or “Benz”) announces that it has requested a second and final extension from the B.C. Registrar of Companies to postpone its annual general meeting. Benz’s last annual general and special meeting was held on May 5, 2017, and the Company’s second extension granted by the B.C. Registrar of Companies expires August 5, 2019.

Further to the termination of the reverse takeover with Fox Automotive Switzerland AG, Benz is undergoing a comprehensive review of strategic alternatives and as a result Benz feels it would be prudent to delay the meeting until the conclusion of such review. The Company will update shareholders of the meeting date as soon as it is able to do so.

Benz does not currently meet the requirements of TSXV Policy 3.1 “Directors, Officers, Other Insiders and Personnel and Corporate Governance” section 21(b) which requires that Benz’s audit committee be comprised of at least three (3) directors, the majority of which must be independent. Currently, the audit committee members are Gordon F. Bub and Ronald A. Hall, both are independent. Benz expects to rectify this matter at its next annual general meeting.

About Benz

Benz is a Vancouver based mineral company publicly listed on the TSX Venture Exchange. It is focused on acquiring and developing mineral base and precious metal assets in safe jurisdictions.

On behalf of the Board of Directors of Benz Mining Corp.

Miloje Vicentijevic, President and Chief Executive Officer

For more information please contact Benz Mining Corp.
Telephone: 604.617.1239 Email: info@benzmining.com

Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of Benz Mining Corp. The forward-looking information is based on certain key expectations and assumptions made by the Company’s management. Although the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE.