Hilton Garden Inn Medford, Oregon Opens

Medford, Oregon–(Newsfile Corp. – December 30, 2016) – Kauri Investments, Ltd. and InterMountain Management are proud to announce the opening of the Hilton Garden Inn Medford. The new 120-room hotel is located at 1000 Welcome Way, just two miles from the city center and five miles from the Rogue Valley International Medford Airport. The hotel features free Wi-Fi, fitness center, indoor pool, airport shuttle, 2,800 square feet of meeting space and a full-service restaurant, The Garden Grille. The restaurant offers a full cooked-to-order breakfast and dinner, cocktails and evening room service. The 24-hour Pavilion Pantry features a complete selection of salty snacks, sweet treats, cold beverages and frozen, microwaveable packaged items. Each of the comfortably designed guest rooms features one king or two queen beds, a lounge chair, a large work desk, microwave, mini-refrigerator and a Keurig coffeemaker. Larger suite options are also available and feature a separate living area with sofa bed. The hotel’s convenient location is situated near many of Medford’s top companies such as: Asante, Lithia Motors, Harry & David and the Rogue Valley Manor as well as the US Cellular sports complex. The leisure traveler can enjoy Rogue Valley’s 200 days of sunshine with nearby hiking at Crater Lake, kayaking, the Britt Music & Arts Festival, the Oregon Shakespeare Festival, local wineries and golf courses.

“We are excited to bring the Hilton Garden Inn brand to Medford, Oregon. With 2,800 sq. feet of conference space and a full-service restaurant and bar, the Hilton Garden Inn will fill a much-needed void in the Medford market,” said General Manager Paul Schmidt. “The staff and I look forward to making the Hilton Garden Inn the premier hotel for both corporate and leisure travelers. You can count on us!”

ABOUT KAURI INVESTMENTS, LTD.

Kauri Investments, Ltd., established in 1987, is a leading real estate investment and development company based in Bellevue, WA. Kauri has developed over 2,000 multifamily homes in various neighborhoods of Seattle. In addition to residential real estate, Kauri has expanded into the hotel real estate sector and has built over 800 hotel rooms in the Pacific Northwest. To learn more about Kauri, visit www.kauri.com.

ABOUT INTERMOUNTAIN MANAGEMENT

As one of North America’s largest hotel management and development companies, InterMountain Management specializes in the select-service and extended-stay hotel segments. For over 30 years, InterMountain Management’s dedication to success is proven in the results as a hotel owner, management company and hotel developer. They currently own and/or manage approximately 70 premium branded hotels nationwide, with an additional 20 in their pipeline. For more information, or to view hotel locations across the U.S., visit their website at http://ift.tt/2gJdvFF.

ABOUT HILTON GARDEN INN

Hilton Garden Inn is focused on making each visit a rewarding one, providing an environment that allows guests to discover and connect while on the road. With more than 700 locations worldwide, Hilton Garden Inn delivers award-winning service, inviting social spaces, and high-end amenities ensuring a great stay at an even greater value. Hilton Garden Inn has a full-service restaurant and bar, offering cooked-to-order breakfast, dinner and a full bar to unwind at the end of a busy day. With state-of-the-art fitness centers for stress-busting workouts, 24/7 Business Centers featuring complimentary printing and Wi-Fi, Hilton Garden Inn is the perfect choice for business and leisure travelers. Hilton Garden Inn also participates in Hilton HHonors, the award-winning guest-loyalty program for Hilton’s 13 distinct hotel brands, spanning more than 4,800 hotels, resorts and timeshare properties across 104 countries and territories. To make reservations or request additional information, call 1-541-200-6900, or click here.

Contact:
Peter Andersen
info@intermountainhotels.com

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Gonzaga Announces Resignation of President and CEO

Vancouver, British Columbia–(Newsfile Corp. – December 30, 2016) – GONZAGA RESOURCES LTD. (TSXV: GN) (“Gonzaga” or the “Company”) announces Greg Davis has resigned as President, CEO, and Director of the Company, effective December 30th, 2016. Gonzaga would like to thank Mr. Davis for his services.

In conjunction, the Company is pleased to announce the appointment of Jeffery R. Wilson as Chief Executive Officer and Director of the Company. Mr. Wilson brings over 20 years of experience in the mineral exploration and mining investment industry, and a wealth of contacts throughout the investment community including institutional investors, retail brokers, investment bankers, mining analysts and private investors. During his career, Mr. Wilson has served as a Director and Officer of several mineral resource companies and has been instrumental in numerous equity financings, ranging from IPOs to private placements and syndicated brokered financings.

ON BEHALF OF GONZAGA RESOURCES LTD.

Adrian Fleming

Adrian Fleming, Chairman

For further information please contact (236) 521-0944

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.

All statements in this press release, other than statements of historical fact, are “forward-looking information” with respect to Gonzaga within the meaning of applicable securities laws, including statements with respect to management changes disclosed herein. Gonzaga provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to those identified and reported in Gonzaga’s public filings under Gonzaga’s SEDAR profile at http://www.sedar.com.  Although Gonzaga has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Gonzaga disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

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Micromem issues Stock Options

Toronto, Ontario and New York, New York–(Newsfile Corp. – December 30, 2016) – Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (“Micromem”) (“the Company”) announces the issuance of 2,890,000 Options to purchase common shares of the Company (the “Options”), in accordance with the 2007 Micromem Technologies Inc. Stock Option Plan, as amended on one or more occasions. These Options have been issued to Directors, Officers and Employees of the Company at a strike price of $0.34CDN/ $0.25USD.

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: 204,498,569
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

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Canamex Closes Final Tranche of Unit Offering for Gross Proceeds of $245,000

Vancouver, British Columbia–(Newsfile Corp. – December 30, 2016) – Canamex Resources Corp. (TSXV: CSQ) (OTCQX: CNMXF) (FSE: CX6) (“Canamex” or the “Company”) is pleased to announce that it has closed the second and final tranche of a non-brokered private placement of units of the Company (“Units”) at a price of $0.16 per Unit for gross proceeds of $245,000 (“Unit Offering”).

Accordingly, on December 30, 2016 the Company issued a total of 1,531,300 Units, each Unit being comprised of one (1) common share and one (1) transferable share purchase warrant (“Unit Warrant”). Each Unit Warrant entitles the holder to purchase one (1) additional common share (the “Unit Warrant Share”) at a price of $0.20 per Unit Warrant share for five (5) years from the date of issuance of the Unit Warrant.

In connection with the final tranche of the Unit Offering, the Company paid to one qualified party a finder’s fee of $14,000 and issued 87,500 compensation warrants, which have terms similar to the Unit Warrants described above.

These securities, including any shares that may be issued on exercise of the Unit Warrants or compensation warrants issued to the finder, will be subject to a hold period expiring on May 1, 2017, and will be subject to such further restrictions on resale as may apply under applicable foreign securities laws.

This news release follows the Company’s news release of October 25, 2016, in which Canamex raised gross proceeds of $716,350 in the first tranche of the Unit Offering. In both tranches of the Unit Offering, Canamex raised total gross proceeds of $961,350.

The proceeds from the Unit Offering will be used for permitting, drilling and metallurgy at the Company’s Bruner Gold Property in Nye County, Nevada, and for general working capital.

The board of directors and management of Canamex would like to wish all of our shareholders, investors and the general public a very happy holiday season and a very Happy New Year in 2017.

ON BEHALF OF THE BOARD OF DIRECTORS

SIGNED: “Mark Billings

Mark Billings, Chairman and CEO
Contact: (514) 296-1641, mbillings@canamex.us

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.

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IIROC Trade Resumption – Ceylon Graphite Corp.

Vancouver, British Columbia–(Newsfile Corp. – December 30, 2016) – Trading resumes in:

Company:

Ceylon Graphite Corp.

TSX-V Symbol:

CYL

Resumption Time (ET):

08:00 January 3, 2017

 

 

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.

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IIROC Trade Halt – Avagenesis Corp.

Vancouver, British Columbia–(Newsfile Corp. – December 30, 2016) – The following issues have been halted by IIROC:

Company: 

Avagenesis Corp.

TSX-V Symbol:

VVA

Reason:

At the Request of the Company Pending News

Halt Time (ET)

16:03

   

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.

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Petrichor Closes $165,500 Non-Brokered Private Placement

Vancouver, British Columbia–(Newsfile Corp. – December 30, 2016) – Petrichor Energy Inc. (FSE: YQN) (TSXV: PTP) (the Company or PTP) announces that on December 30, 2016, it received conditional acceptance from the TSX Venture Exchange to close the first tranche of its non-brokered private placement for gross proceeds of $165,500 (see news release dated December 16, 2016).

Accordingly, on December 30, 2016, the Company issued a total of 3,310,000 common shares (the “Shares”) at $0.05 per Share. These Shares will be subject to a hold period under applicable Canadian securities laws expiring on May 1, 2017, and will be subject to such further restrictions on resale as may apply under applicable foreign securities laws.

Gross proceeds of $165,500 raised from this financing will be used to fund development of oil and gas wells on the Company’s assets towards commercial production, and for general working capital.

One Insider and his spouse, together with a company owned by the spouse and children of another Insider, have directly or indirectly subscribed for a total of 1,300,000 Shares from the financing (the “Related Party Transaction”). All of the independent directors of the Company, acting in good faith, have determined that the fair market value of the securities being issued and the consideration paid is reasonable and, as the value of the Related Party Transaction is less than 25% of the Company’s market capitalization, the Related Party Transaction is exempt from the formal valuation and minority shareholder approval requirements of Multilateral Instrument 61-101.

The Company anticipates closing the final tranche within the next two weeks.

ON BEHALF OF THE BOARD
SIGNED: “Joe DeVries

Joe DeVries, Chief Executive Officer
Contact for further information: (604) 336-8615

The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements.

This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.

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.

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