Peak Creates New Hong Kong Subsidiary and Publishes ASFC Summary Presentation

Montreal, Quebec–(Newsfile Corp. – May 31, 2017) – Peak Positioning Technologies Inc. (CSE: PKK) (“Peak” or the “Company”) today announced the creation of new Hong Kong subsidiary, Asia Synergy Capital (“ASC”), and published an executive summary presentation of its upcoming financial services subsidiary Asia Synergy Financial Capital (“ASFC”).

ASFC will be the Company’s 3rd operating Chinese subsidiary and is expected to provide loans and credit related financial services on two fintech platforms operated by the Company’s other subsidiaries.

ASFC will be structure as a Wholly Foreign-Owned Enterprise (WFOE) as opposed to a joint venture company. “Having ASFC set up as a WFOE makes the flow of funds to and from China much easier and gives us better control, from a legal standpoint, over the management of the company. These are important elements which make the company more attractive to our investor partners”, commented Johnson Joseph, President and CEO of Peak. “Prior to creating ASFC, we first had to create ASC as a Hong Kong holding company in which our investor partners could invest to help fund ASFC’s activities in China. Profits generated by ASFC will first flow to ASC in Hong Kong before being repatriated to Peak in Canada, so the announcement of the creation of ASC made today was a significant part of the execution of our overall plan”, concluded M. Joseph.

The ASFC presentation can be downloaded from the Investor Relations section of the Company’s website by clicking on the following link: ASFC Presentation

About Peak Positioning Technologies Inc.:

Peak Positioning Technologies Inc. is an IT portfolio management company whose mission is to assemble, finance and manage a portfolio of high-growth-potential companies and assets in some of the fastest growing tech sectors in China, including Fintech, e-commerce and cloud-computing. Peak provides its shareholders with exceptional growth potential by giving them access to the fastest growing sectors of the world’s fastest growing economy. For more information: http://ift.tt/1byd5XT

Contact information:

Cathy Hume
CEO
CHF Investor Relations
Phone: 416-868-1079 ext.: 231
Email: cathy@chfir.com

Or

Johnson Joseph
President and CEO
Peak Positioning Technologies Inc.
Phone: 514-340-7775 ext.: 501
Email: investors@peakpositioning.com

Forward-Looking Statements / Information:

This news release may include certain forward-looking information, including statements relating to business and operating strategies, plans and prospects for revenue growth, using words including “anticipate”, “believe”, “could”, “expect”, “intend”, “may”, “plan”, “potential”, “project”, “seek”, “should”, “will”, “would” and similar expressions, which are intended to identify a number of these forward-looking statements. Forward-looking information reflects current views with respect to current events and is not a guarantee of future performance and is subject to risks, uncertainties and assumptions. The Company undertakes no obligation to publicly update or review any forward-looking information contained in this news release, except as may be required by applicable laws, rules and regulations. Readers are urged to consider these factors carefully in evaluating any forward-looking information.

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Jaguar Financial and Added Capital Appoint Perry Rapagna Chief Financial Officer

Toronto, Ontario–(Newsfile Corp. – May 31, 2017) – Jaguar Financial Corporation (TSXV: JFC) (“Jaguar”) and Added Capital Inc. (TSXV: AAD) (“Added”) are pleased to announce that Perry Rapagna, currently a Jaguar director, will succeed Andrew Hilton as Chief Financial Officer of both Jaguar and Added. Mr. Rapagna has over 20 years’ experience in the investment industry and has held several senior management positions with public companies.

Vic Alboini, Chairman and Chief Executive Officer of Jaguar and Added stated, “On behalf of both companies, I would like to thank Andrew for his excellent work and dedication since joining Jaguar and Added. I look forward to working with Perry in his new role.”

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.

About Jaguar Financial Corporation

Jaguar is a Canadian merchant bank generally investing in companies Jaguar determines to be undervalued, overlooked and underappreciated. The investments made are usually event-driven, for example, where an investment is made in a company that is the subject of a takeover bid or where some other change is initiated by a third party or a shareholder of the subject company. Jaguar’s objective is to assist management of the undervalued company to create value that the market is missing.

About Added Capital Inc.

Added Capital Inc. is a financial advisory firm and merchant bank, with a specialization in mergers and acquisitions, merchant banking investments, risk arbitrage merger and acquisition investments, financial restructurings, proxy solicitation and information agent services.

For additional information on this press release, please contact:

Vic Alboini, Chairman & Chief Executive Officer
Jaguar Financial Corporation and Added Capital Inc.
416-483-3760

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IIROC Trade Resumption – Fireweed Zinc Ltd.

Vancouver, British Columbia–(Newsfile Corp. – May 31, 2017) – Trading resumes in:

Company:

Fireweed Zinc Ltd.

TSX-V Symbol:

FWZ

Resumption Time (ET):

09:30 June 1, 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 Resumption – Newstrike Resources Ltd.

Vancouver, British Columbia–(Newsfile Corp. – May 31, 2017) – Trading resumes in:

Company:

Newstrike Resources Ltd.

TSX-V Symbol:

HIP

Resumption Time (ET):

08:00 June 1, 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 Resumption – Northern Empire Resources Corp.

Vancouver, British Columbia–(Newsfile Corp. – May 31, 2017) – Trading resumes in:

Company:

Northern Empire Resources Corp.

TSX-V Symbol:

NM

Resumption Time (ET):

08:00 June 1, 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 Resumption – Asanko Gold Inc.

Toronto, Ontario–(Newsfile Corp. – May 31, 2017) – Trading resumes in:

Company:

Asanko Gold Inc.

TSX Symbol:

AKG (all issues)

Resumption Time (ET):

16:30

 

 

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.

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Lifestyle Delivery Systems Announces Completion of Brokered and Non-Brokered Private Placement Financings

Vancouver, British Columbia–(Newsfile Corp. – May 31, 2017) – Lifestyle Delivery Systems Inc. (CSE: LDS) (OTCQB: LDSYF) (FSE: LD6) (WKN: A14XHT) (“LDS” or the “Company”) is pleased to announce that, it has closed its previously announced brokered private placement financing (the “Brokered Private Placement”) as well as a concurrent non-brokered private placement financing (the “Non-Brokered Private Placement”).

A total of 14,213,000 units (the “Units”) were sold in the Brokered Private Placement at a price of Cdn$0.50 per Unit (the “Issue Price”) for total gross proceeds of Cdn$7,106,500. Each Unit sold in the Brokered Private Placement consisted of one common share of the Company (each a “Unit Share”) and one common share purchase warrant (each a “Warrant”) entitling the holder to purchase one additional common share (a “Warrant Share”) at a price of $0.75 per Warrant Share for a period ending one year from the date of issuance. The Company may accelerate the expiration date of the Warrants if the daily volume weighted average share price of the Company’s common shares on the Canadian Securities Exchange (or such other stock exchange as the Company’s common shares are then trading on) is equal to or greater than Cdn$1.50 for 10 consecutive trading days. Canaccord Genuity Corp. (the “Agent”) acted as agent for the Brokered Private Placement. In consideration of its services, the Agent received a commission equal to 7.0% of the gross proceeds of the Brokered Private Placement, paid by issuance of 164,100 Units at a deemed price of $0.50 per Unit, with the balance paid in cash. As additional consideration, the Company issued to the Agent that number of broker warrants (“Broker Warrants”) equal to 7.0% of the aggregate number of Units sold under the Brokered Private Placement. Each Broker Warrant is exercisable for one Unit at the Issue Price for a period of 12 months from closing of the Offering.

Concurrent with the closing of the Brokered Private Placement, the Company sold a total of 3,174,776 Units also at a price of Cdn$0.50 per Unit in the Non-Brokered Private Placement for total gross proceeds of Cdn$1,587,388. The Units sold in the Non-Brokered Private Placement have substantially the same terms as the Units sold in the Brokered Private Placement. No commissions or fees were paid in connection with the offer and sale of Units in the Non-Brokered Private Placement.

This news release does not constitute an offer to sell, or a solicitation of an offer to buy, nor shall there be any sale of any of the securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful. 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 within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

About Lifestyle Delivery Systems Inc.

The Company’s technology produces infused strips (similar to breath strips) that are not only a safer, healthier option to smoking, but also a new way to accurately meter the dosage and assure the purity of the product. In addition, with the entering into its management services agreements with NHMC, Inc. and CSPA Group, Inc., the Company has begun its foray into being directly involved in the growing of medicinal ingredients for, and the manufacturing of, its products. From seed to sale, the Company’s products and ingredients will be tested for quality and composition throughout the formulation and production processes, resulting in a delivery system that is safe, consistent and effective.

On behalf of the board of directors of Lifestyle Delivery Systems Inc.

Brad Eckenweiler, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:

investor.relations@lifestyledeliverysystem.com
1-866-347-5058

And

Skanderbeg Capital Advisors
604-687-7130
mario@skanderbegcapital.com

Cautionary Disclaimer Statement:

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release including, but not limited to, the timing and ultimate grant of a United States patent for the Sanderson technology, the timing and completion of the build out of the Adelanto Facility, and the complexity and evolving nature of the legal and regulatory landscape for medical and recreational marijuana in the State of California. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company’s control. Such factors include, among other things: risks and uncertainties relating to the Company’s limited operating history and the need to comply with environmental and governmental regulations. Completion of the Adelanto Facility may be subject to uncertainties including the availability of trades people and obtaining the necessary occupancy permits, which may be outside of the Company’s control. The Company does not have a history of earning revenues from the sale of products or the growing of cannabis products, and there is no assurance of future revenues. In addition, there is significant regulatory uncertainty with respect to the production and sale of medicinal and recreational marijuana in the United States of America. In particular, marijuana remains a Schedule I drug under the United States Controlled Substances Act of 1970. Although Congress has prohibited the US Justice Department from spending federal funds to interfere with the implementation of state medical marijuana laws, this prohibition must be renewed each year to remain in effect. In addition, although the State of California has adopted laws permitting the commercial cultivation, extraction and manufacturing of medicinal marijuana, final regulations with respect to the implementation of these laws have yet to be adopted. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward- looking information.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

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