Highvista Gold Inc. Announces Further Details of Its Change of Business Process Option and Provides a Corporate Update on Certain Mining Properties

Toronto, Ontario–(Newsfile Corp. – August 31, 2015) – Further to its previous Press Release dated June 9th 2015, Highvista Gold Inc. (TSXV: HVV) (“Highvista” or the “Company”) is pleased to announce that it is proceeding with its change of business process to an investment company and that it will focus primarily in IT, cloud-based and other areas of specialty finance and opportunistic investments in the resources sector. “The Company is seeing a very interesting current market opportunity with the potential for equity growth and for yield and distributions, which we believe investors are looking for today. We see the potential to build a focused portfolio of investments in areas that are attracting expansion capital and could see attractive capital appreciation. These areas of focus also highlight the deal flow generation capability and extensive financial market experience of management and our Board of Directors and their respective networks” states Paul Crath, President and CEO.

Highvista also announces that Alamos Gold Inc. (“Alamos”), the successor company to AuRico Gold Inc (“Aurico”) as a result of the business combination completed July 2, 2015 has provided notice to terminate the Option and Joint Venture Agreement signed between AuRico and Highvista with respect to the Canasta Dorada project (the “Project”). The reason for the decision is for Alamos to focus its capital and activities on certain other more advanced development projects in its extensive portfolio of properties in other locations. Pursuant to the Agreement, in addition to the $1 million invested to date, Alamos would have had an obligation to invest $2 million prior to June 28, 2016 to earn a 51% ownership interest in the Property. The termination of the Agreement, that contained certain restrictions including a right of first refusal to Alamos, now allows the Company to actively pursue alternative joint ventures and strategic transactions or investment structures for all or a portion of its mining investment portfolio with other parties to attempt to maximize value.

About Highvista

Highvista is in the process of changing its business to an investment company focused on Information Technology Cloud-based specialty finance, lending, financial technology and opportunistic investment in various areas including resources.

Highvista owns 100% of a Mexican subsidiary that controls the 24,055 hectare Canasta Dorada Gold Project and various other properties in Sonora, Mexico. Its properties are located in the Sonoran Gold Belt, with the Canasta Dorada Gold Project located immediately adjacent to Alamos Gold’s El Chanate Mine (“Alamos”). Details of Highvista’s Canasta Dorada Project can be viewed at the Company’s website at http://ift.tt/1yqi5GZ.

Reader Advisor

This news release may contain forward-looking statements based on assumptions, uncertainties and management’s best estimate of future events. Actual events or results could differ materially from the Company’s expectations and projections. Investors are cautioned that forward-looking statements involve risks and uncertainties. Accordingly, readers should not place undue reliance on forward-looking statements. When used herein, words such as “anticipate”, “will”, “intend” and similar expressions are intended to identify forward-looking statements. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to Highvista Gold Inc.’s filings with Canadian securities regulators available on www.sedar.com or the Company’s website at http://ift.tt/1yqi5GZ.

For further information, please contact:

Highvista Gold Inc.

Paul Crath, President
Tel: (416) 682-2674
Fax: (416) 504-4129

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 PRESS RELEASE.

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American Vanadium Announces Private Placement

Vancouver, British Columbia–(Newsfile Corp. – August 31, 2015) – AMERICAN VANADIUM CORP. (TSXV: AVC) (“American Vanadium” or the “Company”) announces a non-brokered private placement (the “Private Placement”) of up to 1,875,000 million units at the price of CDN$0.08 per unit (a “Unit”) for proceeds of up to $150,000. Each Unit consists of one common share (“Common Share”) in the capital of the Company and one share purchase warrant (“Warrant”). Each Warrant will entitle the holder thereof to purchase one Common Share at the price of CDN$0.10 each for a period of 24 months from closing.

On closing, the Company may pay a finder’s fee in cash of up to 7% of the gross proceeds from the total number of Units sold and Warrants of up to 7% of the number of Units sold.

The net proceeds of the Private Placement will be used to for the annual US Bureau of Land Management filings for the Gibellini claims and for general corporate purposes.

Closing of the Private Placement is subject to the receipt of all applicable regulatory approvals.

About American Vanadium Corp.

American Vanadium is an integrated energy storage company and the Master Sales Agent in North America for the CellCube vanadium flow energy storage system. The CellCube is developed and produced by GILDEMEISTER energy solution, a division of DMG Mori Seiki AG. The CellCube is the world’s leading commercially available vanadium flow battery, providing long duration solutions over a 20+ year life for a broad range of applications including renewable energy integration and demand charge reduction. The CellCube is a powerful, durable and reliable energy storage system that ensures a clean, emission-free energy supply at all times. American Vanadium is developing the Gibellini Vanadium Project in Nevada to be the only dedicated vanadium mine in the United States, providing a critical source of vanadium electrolyte for CellCube energy storage systems.

ON BEHALF OF THE BOARD

Bill Radvak, President and CEO

For further information, please contact:

Bill Radvak, President & CEO
(778) 888 4101
bradvak@americanvanadium.com
http://ift.tt/1eymoHF

 

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

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Yappn’s Acquisition of Ortsbo Assets Has Been Approved by Intertainment Media Shareholders

New York, New York–(Newsfile Corp. – August 31, 2015) – Yappn Corp. (OCTQB: YPPN) (“Yappn” or “Company”)  a leader in real-time language technology and translation is pleased to announce that shareholders of Intertainment Media Inc. (TSXV: INT) (OTC PINK: ITMTF) (FSE: I4T) (“Intertainment“) have approved the acquisition of the intellectual property assets of Ortsbo Inc. (“Ortsbo“), a subsidiary of Intertainment, as previously announced on May 26, 2015.

At Intertainment’s special meeting of shareholders held today, 94.02% of the shares voted were in favor of the transaction, representing nearly 16.61% of all outstanding shares of Intertainment. The approval of the acquisition was a necessary condition and the Company expects the acquisition to close, subject to the satisfaction of the remaining closing conditions as set forth in the acquisition agreement.

The purchased assets include US Patent No. 8,983,850 B2, US Patent No. 8,917,631 B2, US Patent No. 9,053,097 B2, and other intellectual property including Ecommerce and Customer Care know-how for a total purchase price of US $17 Million, which will be paid by the assumption of US $1 Million in debt and the issuance of US $16 Million worth of Yappn restricted common shares (320 Million shares at US $0.05 per share).

“We are seeing an increased need of language services for businesses wanting to globalize their offerings and as we continue to accelerate our programs and opportunities, the ownership of these key assets will drive our growth”, said David Lucatch, Founder and CEO of Yappn Corp.

The Company continues to expand its efforts with Ecommerce and communications as it has been commercializing a number of solutions to enable single language online storefronts to effectively market, sell and support E-tailing efforts, including the shopping cart, in multiple languages.

The Company also announced today that Steven Wayne Parsons has resigned from the Board of Directors to pursue other interests, effective immediately. The board expresses its gratitude to Mr. Parsons for his contributions.

About Yappn

Yappn is a real-time multilingual company that amplifies brand and social messaging, expands online commerce and provides customer support by globalizing these experiences with its proprietary approach to language. Through its real-time multilingual amplification platform, Yappn eliminates the language barrier, allowing the free flow of communications in 67 languages.

Yappn focuses on delivering global reach and efficiencies without the need of human intervention, making the language experience immediate through all phases of Ecommerce, online events and content programming.

Yappn Corp. is publicly traded in the U.S. on the OTCQB – symbol “YPPN” Intertainment Media Inc. (TSXV: INT) (OTC PINK: ITMTF) (FSE: I4T), a leading technology incubator, has a controlling interest in Yappn Corp.

For more information, please visit http://www.yappn.com or contact:

David Lucatch, Founder and CEO

info@yappn.com

or

Jeanny So, VP, Corporate Communications

jeanny@yappn.com

T: 1.800.395.9943 x 228

To learn more about Why Language Matters to a growing global economy, visit our blog at http://ift.tt/1uW9fU7

To be added to the news release distribution list, please email: jeanny@yappn.com with the word “News” on the subject line.

Forward Looking Information

Legal Notice and Safe Harbor Statement

This press release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, and those preceded by or that include the words “believes,” “expects,” “given,” “targets,” “intends,” “anticipates,” “plans,” “projects,” “forecasts” or similar expressions, are “forward-looking statements.” Although Yappn Corp.’s management believes that such forward-looking statements are reasonable; it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company’s future results to differ materially from those anticipated. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company’s filings with the SEC including the Current Report on Form 8-K filed on April 3, 2013 and each subsequently filed Quarterly Report on Form 10-Q and Current Report on Form 8-K. The Company assumes no obligation to update any of the information contained or referenced in this press release.

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Intertainment Media Shareholders Voted in Favour of Acquisition by Yappn Corp.

Toronto, Ontario & New York, New York–(Newsfile Corp. – August 31, 2015) – Intertainment Media Inc. (“Intertainment” or the “Company”) (TSXV: INT) (OTC PINK: ITMTF) (FSE: I4T) is pleased to announce that its shareholders voted in favour of the disposition of the intellectual property assets of Ortsbo Inc. (“Ortsbo”), a subsidiary of Intertainment to Yappn Corp. (OTCQB: YPPN), as previously announced on May 26, 2015 (the “Transaction”) for a total purchase price of US $17 Million. The terms of the agreement include the transfer of up to US $1 Million in debt and US $16 Million in Yappn equity.

At the special meeting of shareholders held today, the special resolution regarding the Transaction was approved by at least two thirds of the votes cast by shareholders of the Company. Specifically, 94.02% of the common shares voted were in favour of the special resolution approving the Transaction, representing nearly 16.61% of the issued and outstanding common shares of Intertainment.

In addition, as the Transaction constituted a “related party transaction” pursuant to TSX Policy 5.9 and Multilateral Instrument 61-101 — Protection of Minority Security Holders in Special Transactions (“MI 61-101) the special resolution regarding the Transaction was also approved by a majority of the common shareholders, excluding certain votes as outlined in MI 61-101. The common shares of the Company owned or controlled by David Lucatch, Craig McCannell and Herb Willer, representing approximately 4% of the issued and outstanding common shares, were excluded from such disinterested shareholder voting.

Shareholders also voted in favour of the special resolution approving the consolidation of the common shares of the Company on a basis of 10:1 basis.

Yappn is acquiring key assets of Ortsbo Inc. including US Patent No. 8,983,850 B2, US Patent No. 8,917,631 B2, US Patent No. 9,053,097, proprietary language services technology assets, know-how related to Ecommerce and Customer Care and business contracts.

“Intertainment remains focused on its technology investment portfolio and this transaction is in line with our continuing strategy of building and developing the programs we invest in and then creating an effective exit strategy that delivers the best possible shareholder value we can attain,” said Mr. Anthony R. Pearlman, President & COO of Intertainment Media Inc.

As part of the transaction, Intertainment will be seeking to retire certain Ortsbo related debt obligations and minority shareholder interests.

About Intertainment – http://ift.tt/RxC5Di
Intertainment is one of Canada’s leading technology incubators and is focused on developing, nurturing and investing in both North American and global technologies and companies that provide technology solutions for brands and consumers alike. Intertainment also owns and operates a number of key properties and has investments in leading edge technologies and social media platforms, including TranzActive, CapThat, theAudience, Lexifone and Yappn Corp (www.yappn.com) (OTCQB: YPPN). For more information on Intertainment and its properties, please visit http://ift.tt/RxC5Di

Intertainment is headquartered in the Toronto, Canada region, with offices in New York and Los Angeles, CA and is listed on the TSX Venture Exchange under the symbol “INT” (TSXV: INT) and in the US under the symbol “ITMTF”. Intertainment is also traded in Europe on the Open Market (Regulate Unofficial Market) of the Frankfurt Exchange under the symbol “I4T”.

Contact

Mr. Anthony R. Pearlman, COO
info@intertainmentmedia.com

Forward Looking Information

This news release contains certain “forward-looking information” within the meaning of such statements under applicable securities law.

Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “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 statements are made, and are 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 statements. Actual timelines associated may vary from those anticipated in this news release and such variations may be material. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulators. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on this forward-looking information.

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.

This news release is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States or to or for the account or benefit of U.S. persons (as such terms are defined in Regulation S under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”)), absent registration or an exemption from registration. The securities offered have not been and will not be registered under the U.S. Securities Act or any state securities laws and, therefore, may not be offered for sale in the United States, except in transactions exempt from registration under the U.S. Securities Act and applicable state securities laws.

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Jaxon Signs letter of Intent

Vancouver, British Columbia–(Newsfile Corp. – August 31, 2015) – Jaxon Minerals Ltd. (TSXV: JAX) (the “Company”) has signed a Letter of Intent with DeCoors Mining Corp.

The company is entering into an option agreement through a letter of intent on the Hot Bath mining project located in British Columbia between the communities of Dease Lake and Iskut, B.C. The project is comprised of up to 11 mineral claims covering a total area of about 3634.4 hectares 100%,owned by DeCoors mining Corp. Jaxon may earn a 75 % interest in the property upon completion of the option agreement.

The terms of the Letter of Intent lays out the planned business transaction where Jaxon Minerals Inc. during a three year period shall issue 6,750,000 common shares and incur $1,700,000 exploration expenditures to earn a 75% interest in the mineral claims.

The proposed Option Agreement schedule for completion includes:

1.       Issue 3,000,000 common shares to DeCoors Mining Corp upon Exchange approval.

2.       Issue 3,000,000 common shares to DeCoors Mining Corp. and incur $700,000 of exploration expenditures on the property before year end 2016.

3.       Issue 750,000 common shares to DeCoors Mining Corp. and incur $1,000,000 in exploration expenditures on the Hot Bath property on or before the end of 2017.

4.       DeCoors Mining Corp.retains a 2% Net Smelter Return (“NSR”) on the Hot Bath property mineral claims. Jaxon Minerals Inc. will have the option at any time to acquire 1 % of the NSR for a cash payment of $1,000,000.

The Hot Bath copper-gold exploration project is located in Northern British Columbia, approximately 200 km north of Stewart and 35 km southeast of Dease Lake. The property is comprised of 11 contiguous mineral claims totaling about 3,634.4 hectares. Highway 37 (commonly referred to as the “Stewart-Cassiar” Highway) provides the closest maintained road 15 km west of the property.

The Hot Bath property hosts mineral occurrences and is located in an emerging new active exploration district in the Stikine Arch where Kaizen Discovery Inc. in an earn in agreement with Freeport-McMoRan of Canada Limited are actively exploring the Tanzilla buried porphyry system 15 km to the north while Teck Resources holds mineral claims 4 km to the east as does the Hunter Dickinson Group to the North and West.

A portion of the high priority altered and mineralized area of the Hot Bath property has recently been sampled (700 soil samples) during a geochemical exploration MMI soil survey with results expected shortly. A geophysical IP survey will commence shortly and is expected to have completed results by the end of October, 2015.

ON BEHALF OF THE BOARD OF DIRECTORS
JAXON MINERALS INC.

Leif Smither

President

 
 

For further information regarding Jaxon Minerals Inc., please contact Leif Smither at 604-608-0400, Toll Free: 1-877-608-0007 or visit our website at http://ift.tt/14oHCak.

This news release may contain forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release may include, but is not limited to, the Company’s objectives, goals or future plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

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.

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Canyon Enters into Limited Forbearance Agreement with Falcon Gold Inc.

Vancouver, British Columbia–(Newsfile Corp. – August 31, 2015) – Canyon Copper Corp. (TSXV: CNC) (“Canyon”) announces that it has entered into a limited forbearance agreement (the “Agreement”) with Falcon Gold Corp. (“Falcon”) in connection with the late payment of the 2016 Bureau of Land Management fees (“2016 BLM Fee”), the 2015 annual lease payment of $30,000 on the patented claims (the “2015 Lease Payment”) and the 2015 option payment of $20,000 (the “2015 Option Payment”) due under the option agreement with Falcon (the “Option Agreement”). Under the terms of the Agreement, Canyon has agreed not to exercise its rights to terminate the Option Agreement with Falcon as a result of Falcon’s failure to pay the 2016 BLM Fee, the 2015 Lease Payment or the 2015 Cash Option Payment provided that Falcon:

(a)    issues and delivers to Canyon the 750,000 common shares of Falcon issuable to Canyon as the first and second anniversary share issuances under the Option Agreement;
(b)  
pays to Canyon the 2016 BLM Fee (in Canadian equivalent funds) and Canyon’s legal fees in connection with the 2016 BLM filings on or before September 30, 2015; and
(c)  
pays to Canyon the 2015 Cash Option Payment and the 2015 Lease Payment on or before September 30, 2015;

 

If Falcon fails to make the above payments and share issuances on the dates set forth above, Canyon will be entitled to terminate the Option Agreement.

On behalf of the Board of Directors,

Benjamin Ainsworth

CANYON COPPER CORP.
Benjamin Ainsworth, President

Contact:
Canyon Copper Corp.
Investor Relations
1-888-331-9326
(604) 331-9326
(604) 684-9365 (FAX)
info@canyoncc.com

Cautionary Statement Regarding Forward Looking Information

This News Release may contain, in addition to historical information, forward-looking statements. These forward-looking statements are identified by their use of terms and phases such as “believe,” “expect,” “plan,” “anticipate” and similar expressions identifying forward-looking statements. Investors should not rely on forward-looking statements because they are subject to a variety of risks, uncertainties and other factors that could cause actual results to differ materially from Canyon‘s expectations, and expressly does not undertake any duty to update forward-looking statements. These factors include, but are not limited to the following, Falcon‘s ability to satisfy all payments and obligations due under the Agreement, uncertainty of estimates of mineralized material and other factors which may cause the actual results, performance or achievements of Canyon to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

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.

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Earth Alive Retains Contact Financial Corp. For Strategic Communications

Montreal, Quebec–(Newsfile Corp. – August 31, 2015) – Earth Alive Clean Technologies Inc. (CSE: EAC) (“Earth Alive” or the “Company”) is pleased to announce that it has engaged Contact Financial Corp. (“Contact”) to assist the Company with the development and execution of a comprehensive strategic communications program.

Contact is a broad-based strategic marketing and communications firm with experience in creating exposure for small- to mid-cap companies. Contact Financial, headed by Kirk Gamley, is based in Vancouver, British Columbia with offices in Vancouver, Toronto, Montreal, and affiliate offices in the United States and Europe. Contact’s services will include providing advice to the Company with respect to corporate development, production and distribution of investor-focused communication tools, and increasing awareness of the Company within the financial community.

David Gilmour, CEO of Earth Alive, stated, “The substantial increase in our second quarter revenue to $611,757 from $86,507 at the end of the first quarter reflects the early and growing success of our sales strategy, and the acceptance in various world markets of our products’ unique positioning as the most effective, economical and environmentally sustainable solutions available for dust control and agriculture. In addition to significant sales growth, Earth Alive completed in the second quarter a $1.65 million convertible debt financing, strengthening the company’s ability to execute on all business development opportunities. We will continue to work with our direct clients and our distributors in order to build market share and achieve our goals of both revenue growth and profitability.”

Mr. Gilmour added, “Both our Agro and Dust Control business units continue to ship container orders globally and, as we continue executing our growth strategy, the timing is ideal to raise awareness for our company’s public profile as well as its core business operations. Contact Financial is ideally suited for this task and will play an important role in effectively communicating our exciting story to both existing and potential new shareholders.”

Contact has been retained for an initial term of six (6) months, with service to be provided on a month-to-month basis thereafter. Contact will be paid a monthly fee of CDN $4,000.00 (plus GST) and will be granted options to purchase up to 250,000 common shares of the Company with an exercise price of CDN $0.15 per share that shall have a life of 3 years from the date of issue, with vesting restrictions in accordance with Canadian Stock Exchange policies.

About Earth Alive Clean Technologies:

Earth Alive aims to be a key player in world markets of environmentally sustainable industrial solutions. The company works with the latest innovations in microbial technology to formulate and patent innovative products that can tackle the most difficult industrial challenges, once only reserved to environmentally harmful chemicals and additives. The company is focused on environmental sustainability in 1) dust control for the mining industry, and 2) the agriculture industry.

For additional company information, please visit: www.earthalivect.com

The CSE has neither approved nor disapproved the contents of this press release. The CSE does not accept responsibility for the adequacy or accuracy of this release.

Earth Alive Clean Technologies Inc.,
1001, Lenoir Street, Suite B-338,
Montreal (Qc) Canada
H4C 2Z6
T.(438) 333-1680

For media information and interview requests, please contact:
Mr. David Gilmour
(e) dgilmour@earthalivect.com
(p) 514-814-2899

For investor relations, please contact:
Mr. Frédérick Chabot
(e) frederick@contactfinancial.com
(p) 438-863-7071

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