Micromem Technologies Inc. Completes Private Placement

Toronto, Ontario & New York, New York–(Newsfile Corp. – July 31, 2015) – Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (the “Company”) announces the completion of a private placement totalling 122,768 common share units (“Units”) at a subscription price of US $0.0448 (CAD $0.584) per Unit for gross proceeds of USD $55,000 (CAD $71,643). The private placement consists of one common share (“Common Share”) per Unit which Units are subject to resale restrictions. The proceeds are being used to pay for the services of an outside Investor Relations firm to prepare a current institutional research report on the Company.

About Micromem and MASTInc 

MASTInc is a wholly owned U.S.-based subsidiary of Micromem Technologies Inc., a publicly traded (OTCQX: MMTIF) (CSE: MRM) company. MASTInc analyzes specific industry sectors to create intelligent game-changing applications that address unmet market needs. By leveraging its expertise and experience with sophisticated magnetic sensor applications, MASTInc successfully powers the development and implementation of innovative solutions for oil & gas, utilities, automotive, healthcare, government, information technology, manufacturing, and other industries. Visit www.micromeminc.com www.mastinc.com.

Safe Harbor Statement

This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company’s actual results to differ materially from those projected in such forward-looking statements. In particular, factors that could cause actual results to differ materially from those in forward looking statements include: our inability to obtain additional financing on acceptable terms; risk that our products and services will not gain widespread market acceptance; continued consumer adoption of digital technology; inability to compete with others who provide comparable products; the failure of our technology; the infringement of our technology with proprietary rights of third parties; inability to respond to consumer and technological demands; inability to replace significant customers; seasonal nature of our business; and other risks detailed in our filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements. When used in this document, the words “believe,” “expect,” “anticipate,” “estimate,” “project,” “plan,” “should,” “intend,” “may,” “will,” “would,” “potential,” and similar expressions may be used to identify forward-looking statements.

The CSE or any other securities regulatory authority has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release that has been prepared by management.

###

Listing:  NASD OTC-QX – Symbol: MMTIF
CSE – Symbol: MRM  
Shares issued: 194,615,600
SEC File No: 0-26005
Investor Contact: info@micromeminc.com; Tel. 416-364-2023
Subscribe to receive News Releases by Email on our website’s home page. www.micromeminc.com

 

from Newsfile Corp News Releases http://ift.tt/1JBqpMC

Canuc Proposes Stock Consolidation

Toronto, Ontario–(Newsfile Corp. – July 31, 2015) – Canuc Resources Corporation (TSXV: CDA) (“Canuc” or the “Company“) wishes to announce a ten (10) for one (1) stock consolidation to be ratified and approved by shareholders at the upcoming Annual General Meeting being held on August 17, 2015 at 11:00 am at the offices of Stikeman Elliot, 5300 Commerce Court West , 199 Bay Street, Toronto, Ontario, M5L 1B9, Annex Boardroom. The share consolidation will also be subject to exchange approval.

The amount of securities outstanding as of the date of this release is 68,870,998. Subsequent to the consolidation at ten (10) for one (1), the amount of securities outstanding would be 6,887,100. The Management and the Board are of the belief that a share consolidation will enhance the marketability of the Company’s common shares as an investment and facilitate additional financings enabling Canuc’s growth strategies to be implemented. The Company does not anticipate a name change in conjunction with the consolidation.

About Canuc

Canuc is a junior natural resource company that is active in the oil and gas sector in Texas and will be expanding its activities in 2015.

For Further Information:

Hub Mockler, Chairman & CEO
416-867-1300

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 of this release.

Forward-Looking Statements

This news release contains forward-looking statements that include risks and uncertainties. When used in this news release, the words “estimate”, “project”, “anticipate”, “expect”, “intend”, “believe”, “hope”, “may” and similar expressions, as well as “will”, “shall” and other indications of future tense, are intended to identify forward-looking statements. The forward-looking statements are based on current expectations and apply only as of the date on which they were made. The factors that could cause actual results to differ materially from those indicated in such forward-looking statements include changes in the prevailing price of gold, the prevailing price of natural gas, the Canadian-United States exchange rate, amount of gas produced that could affect revenues and production costs. Other factors such as uncertainties regarding government regulations could also affect the results. Other risks may be set out in the Company’s annual financial statements and MD&A.

from Newsfile Corp News Releases http://ift.tt/1OFPUM5

Early Warning News Release Regarding Black Birch Capital Acquisition III Corp.

Toronto, Ontario–(Newsfile Corp. – July 31, 2015) – Black Birch Capital Acquisition III Corp. (TSXV: BBC.P): Following the clearance of a personal information form of Mr. Stelios (Stan) Dimakos by the TSX Venture Exchange, 1916767 Ontario Inc. (the “Purchaser“) of 347427 – 15 Sideroad, Mono, ON, L9W 6S5, acquired, and now owns and controls, 1,400,000 common shares of the Corporation, representing 18.6% of the outstanding common shares of the Corporation. The common shares of the Corporation were purchased on a private placement at a price of $0.10 share. The Purchaser acquired the securities for investment purposes and may, depending on listing, market and other conditions, increase or decrease its beneficial ownership of common shares of the Corporation or other securities of the Corporation whether in the open market, if any, by privately negotiated agreement or otherwise. The acquisition of shares was a private placement of securities of the Corporation under section 73.3 of the Securities Act (Ontario).

An early warning report with additional information will be filed on and can be obtained under the Corporation’s profile on SEDAR at www.sedar.com. To obtain a copy of the early warning report please contact Stan Dimakos at 416-996-7826.

from Newsfile Corp News Releases http://ift.tt/1KG80Ne

Takara Resources Announces Closing Final Tranche of Private Placement and Filing of Documentation for Share Purchase Transaction

Toronto, Ontario–(Newsfile Corp. – July 31, 2015) – Takara Resources Inc. (TSXV:TKK) (“Takara” or the “Company“) is pleased to announce that it has closed the third and final tranche of its previously announced private placement. Pursuant to the closing, the Company has issued and sold 600,000 units (the “Units“) at a price of CDN $0.05 per Unit for gross proceeds of CDN $30,000 (the “Offering“). Each Unit is comprised of one (1) common share in the capital of the Company (“Common Share“) and one (1) common share purchase warrant of the Company (“Warrant“). Each Warrant will be exercisable into one Common Share at an exercise price of CDN $0.10 expiring two (2) years from the date of issuance. No finder fees were paid for this tranche.

Additionally, the Company has filed with the TSX Venture Exchange the requested documentation for final approval of the share purchase transaction with Gold Bullion Development Corp. for the acquisition of Castle Silver Mine Inc. as previously announced on May 4th, 2015.

The Company intends to use the net proceeds from the Offering for general corporate purposes and working capital purposes. The Offering is subject to the final approval of the TSXV.

Pursuant to applicable securities laws, all securities issued pursuant to the Offering will be subject to a hold period of four months plus one day following the date of issuance of such securities.

The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “1933 Act”), or any state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act), except pursuant to an exemption from the registration requirements of those laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, or for the account or benefit of U.S. persons (as such term is defined in Regulation S under the 1933 Act).

FOR FURTHER INFORMATION PLEASE CONTACT:

Chris Hopkins
President & CEO
Takara
Resources Inc.
(416) 786-9793
chopkins@takararesources.com

Statement Regarding Forward Looking Information

Certain information contained in this news release, including any information relating to the proposed transaction and Takara’s future financial or operating performance may be deemed “forward-looking”. These statements relate to future events or future performance and reflect Takara’s expectations regarding the transaction, and the future growth, results of exploration, business prospects and opportunities of Takara. These forward-looking statements are subject to a variety of risks and uncertainties that are identified and disclosed. Although Takara believes that the forward-looking information contained in this news release are based on reasonable assumptions, readers cannot be assured that actual results will be consistent with such statements. Accordingly, readers are cautioned against placing undue reliance on forward-looking information. Takara expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise, except in accordance with applicable securities laws.

The TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

NOT FOR DISSEMINATION IN THE UNITED STATES

from Newsfile Corp News Releases http://ift.tt/1IdCKSJ

Golden Share Announces a Share Consolidation

Toronto, Ontario–(Newsfile Corp. – July 31, 2015) – Golden Share Mining Corporation (TSXV: GSH) (“Golden Share”) is proposing a consolidation (the “Consolidation”) of its common shares at its annual general and special shareholder meeting on August 6, 2015 (the “Meeting”). Under the Consolidation, each shareholder would receive one post-consolidation common share for three pre-consolidation common shares. The Consolidation is subject to the approval of the Company’s shareholders and the TSX Venture Exchange.

There are currently 72,050,774 common shares of the Company outstanding. If the Consolidation is implemented, there would be approximately 24 million post-consolidation common shares outstanding thereafter. The Company has proposed the consolidation as its board is of the view that its existing share structure is not conducive to securing additional equity financing and a restructuring is warranted in order to facilitate attracting new investments. Golden Share’s name will remain unchanged.

This press release should be read together with, and is qualified in its entirety by, the more detailed information contained in the Company’s information circular prepared in connection with the Meeting, which is available on SEDAR at www.sedar.com.

About Golden Share

Golden Share Mining Corporation is a Canadian-based junior mining company exploring a promising and well-balanced property portfolio in the mineral belts of Ontario and Quebec, both politically stable jurisdictions with a history of rich mineral endowment.

FOR MORE INFORMATION, CONSULT http://ift.tt/1EyPJ1Y OR CONTACT:

Golden Share Mining Corporation           
Nick Zeng, President & CEO
Tel: (416) 799-8899
E-mail: info@goldenshare.ca

Neither 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.

from Newsfile Corp News Releases http://ift.tt/1JB2vRp

IIROC Trade Resumption – easyhome Ltd.

Toronto, Ontario–(Newsfile Corp. – July 31, 2015) – Trading resumes in:

Company:

easyhome Ltd.

TSX Symbol:

EH (all issues)

Resumption Time (ET):

14:30

 

 

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

– 30 –

For further information: IIROC Inquiries 1-877-442-4322 (Option 3) – Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.

from Newsfile Corp News Releases http://ift.tt/1DeO5Fz

IIROC Trade Resumption – Vena Resources Inc.

Toronto, Ontario–(Newsfile Corp. – July 31, 2015) – Trading resumes in:

Company:

Vena Resources Inc.

TSX Symbol:

VEM (all issues)

Resumption Time (ET):

14:00

 

 

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

– 30 –

For further information: IIROC Inquiries 1-877-442-4322 (Option 3) – Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.

from Newsfile Corp News Releases http://ift.tt/1HaZQrl