Thunderstruck Resources Lists on US Exchange OTCQB: THURF

Vancouver, Canada–(Newsfile Corp. – July 23, 2018) – Thunderstruck Resources Ltd. (TSXV: AWE) (OTCQB: THURF) (“Thunderstruck”) are pleased to announce that the common shares of Thunderstruck commenced trading on the OTCQB Venture Marketplace under the symbol “THURF,” effective at the market open on July 23, 2018. Thunderstruck’s common shares continue to also trade on the TSX Venture Exchange.

OTC Markets Group Inc., located in New York, N.Y., operates the world’s largest electronic interdealer quotation system for broker-dealers to trade over 10,000 securities not listed on any other United States stock exchange. It is organized into three tiers varying but not limited to level of disclosure and share price: OTCQX, OTCQB and Pink Sheets. North American and international investors can now trade and find news, current financial disclosure and real time level 2 quotes for Thunderstruck at www.otcmarkets.com.

Bryce Bradley, CEO of Thunderstruck, stated today, “By trading on the OTCQB, we’ve gained immediate access to a more expansive capital pool while providing our current and future shareholders, particularly those residing in the United States, easier trading flexibility and accessibility to Thunderstruck’s common shares. The growth of our Company necessitates that we facilitate easier trading amongst our substantial US and Canadian shareholdings.”

Exploration Update

The Company is pleased to provide a fieldwork update with respect to its four highly prospective Fiji Projects.  

RAMA CREEK COPPER PROSPECT

Access road construction into the Rama Creek Cu-Au Porphyry is progressing. Upon completion the Rama Creek road will provide reliable and cost effective access for the advancement of this key asset.  In addition, the Company is currently interpreting the results of an additional 60 surface rock and trench samples submitted for Short Wave Infrared (SWIR) Terraspec spectral analysis designed to further define the proximal sericite and core zone potassic altered porphyry intrusive rocks at Rama Creek, and apparent highly potassium altered lithologies at the Liwa Creek epithermal gold prospect (see the Company’s May 17, 2018, News Release).  

LIWA CREEK GOLD PROSPECT

Thunderstruck crews recently commenced exploration at Liwa Creek. Fieldwork recently completed has included detailed geologic mapping designed to refine potential diamond drill targets at the Liwa Ridge, Jensen’s and Gun gold zones; and collection of an additional 140 ridge-and-spur auger soil samples is underway (see the Company’s February 13, 2018, News Release).

NAKORO and WAINALEKA ZINC/COPPER PROSPECTS

During early July 2018, the Company conducted a logistical and geological reconnaissance of its high-grade Wainaleka and Nakoro Zn-Cu Volcanic-Hosted Massive Sulphide (VHMS) prospects, where prior drilling by Anglo American returned average grades of 8% Zn, 2% Cu and 11.6% Zn, 0.64% Cu respectively.  Discovery outcrops at both prospects were examined, and the locations of historic drill collars were scouted and recorded in an effort to improve our existing 3D geological model.

Towards advancement of the Company’s Zn-Cu massive sulphide assets; J. Bruce Gemmell, Ph.D. (Gemmell Geoscience), was commissioned to conduct a review of the Wainaleka and Nakoro prospects. Dr. Gemmell is past Director of the world leading ARC Centre for Excellence in Ore Deposits (CODES) at the University of Tasmania from 2014-2017, and is a recognized expert with respect to VHMS deposits.

Key conclusions from the Gemmell Geoscience report regarding the Company’s Wainaleka and Nakoro VHMS prospects included:

  • The significantly underexplored nature of the Wainaleka and Nakoro prospects,

  • Presence of numerous poly-metallic lens/sheet, sub-seafloor replacement-type VHMS prospects with a high likelihood of further discovery,

  • Recognition that the Wainaleka and Nakoro prospects are of the sub-seafloor, replacement-style, which expands the exploration space within Wainimala Group volcanic host rocks.

  • Sub-seafloor replacement-style VHMS deposits often occur in particular strata, but not always in the same position, hence, there is increase discovery space and opportunity.

Thunderstruck will continue to advance all four assets over the coming months, and will provide corporate and exploration updates as assays are completed. Concurrently, the Company is engaged in active discussions with potential joint venture parties.

About Thunderstruck Resources

Thunderstruck Resources is a Canadian mineral exploration company with highly prospective VHMS and Precious Metals projects in Fiji. The Company provides investors with exposure to a diverse portfolio of exploration stage projects with potential for zinc, copper, gold and silver in a politically safe and stable jurisdiction. Thunderstruck trades on the Toronto Venture Exchange (TSXV) under the symbol “AWE” and the US Venture Exchange (OTCQB) under the symbol “THURF”.

For additional information, please contact:

Bryce Bradley, President, Chief Executive Officer and Director
Telephone: (604) 349-8119
Email: Bryce@thunderstruck.ca

or, visit our website: http://www.thunderstruck.ca

Neither the TSX Venture Exchange Inc. 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 contains certain statements that may be deemed “forward-looking statements. Forward-looking information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “believe”, “continue”, “plans” or similar terminology, or negative connotations thereof. All information in this release, other than information of historical facts, including, without limitation, are forward-looking information that involve various risks and uncertainties. Although Thunderstruck believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. For more information on the Company and the key assumptions, risks and challenges with respect to the forward-looking information discussed herein, and about our business in general, investors should review the Company’s most recently filed management’s discussion and analysis, and other continuous disclosure filings which are available at www.sedar.com. Readers are cautioned not to place undue reliance on forward-looking information. Forward looking statements are based on the beliefs, estimates and opinions of Thunderstruck’s management on the date the statements are made. Except as required by applicable securities law, Thunderstruck undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

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Generic Gold Corp. Closes First Tranche of Flow-through Unit Private Placement

Toronto, Ontario–(Newsfile Corp. – July 23, 2018) – Generic Gold Corp. (CSE: GGC) (FSE: 1WD) (“Generic Gold“) is pleased to announce that further to its press release of June 11, 2018 announcing a proposed private placement of up to 1,666.666 flow-through units (the “Flow-Through Units“) of Generic Gold, it has completed the first tranche of a private placement (the “Offering“) of 1,050,000 Flow-Through Units at a price of $0.30 per Flow-Through Unit for proceeds of $315,000. Each Flow-Through Unit is comprised of one common share (a “Common Share“) of Generic Gold and one common share purchase warrant (a “Warrant“). Each Warrant entitles the holder thereof to acquire a common share (a “Common Share“) of Generic Gold for a period of 36 months from the date of issuance, exercisable at a price of $0.50 per Common Share.

Each Common Share and Warrant comprising the Flow-Through Units will qualify as a “flow through share” for purposes of the Income Tax Act (Canada). The Common Shares issuable upon exercise of the Warrants will not qualify as “flow-through shares”.

Eligible persons (the “Finders“) were paid a cash commission (the “Cash Commission“) equal to 8% of the proceeds raised from subscribers introduced to Generic Gold by such Finders and finder warrants (the “Finder Warrants“) equal to 8% of the Flow-Through Units issued pursuant to the Offering. Each Finder Warrant entitles the holder to acquire one unit (each a “Unit“) of Generic Capital exercisable at a price of $0.30 per Unit for a period of 36 months from the date of issuance. Each Unit is comprised of one Common Share (issued on a non-flow basis) and one Warrant. The Cash Commission is payable through the issuance of Units.

Generic Gold intends to use the net proceeds from the Offering to incur Canadian exploration expenses (the “Qualifying Expenditures“) on its properties located in Yukon, Canada. Generic Gold will renounce the Qualifying Expenditures to subscribers of the Flow-Through Units for the fiscal year ended December 31, 2018.

The securities issued in connection with the Offering are subject to a four month and one day statutory hold period from the date of issuance. Completion of the private placement is subject to regulatory approval, including satisfaction of the requirements of the Canadian Stock Exchange.

About Generic Gold

Generic Gold is a Canadian mineral exploration company focused on gold projects in the Tintina Gold Belt in the Yukon Territory of Canada. Generic Gold’s exploration portfolio consists of ten projects with a total land position of 39,820 hectares, all of which are 100% owned by Generic Gold. Several of these projects are in close proximity to significant gold deposits with multi-million ounce NI 43-101-compliant resources, including Goldcorp’s Coffee project, Victoria Gold’s Eagle Gold project, White Gold’s Golden Saddle project, and Western Copper & Gold’s Casino project. Generic Gold’s board of directors and management team led by experienced mining industry professionals, with expertise in exploration, finance, capital markets, and mine development. For information on Generic Gold’s property portfolio, visit Generic Gold’s website at www.genericgold.ca.

For further information contact:

Kelly Malcolm, President and CEO of Generic Gold
Tel: 647-299-1153
kmalcolm@genericgold.ca

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

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Not for distribution to U.S. news wire services or dissemination in the United States.

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Bravada Closes Oversubscribed Equity Financing

Vancouver, British Columbia–(Newsfile Corp. – July 23, 2018) – Bravada Gold Corporation (TSXV: BVA) (OTCQB: BGAVF) (FSE: BRTN) (the “Company” or “Bravada”) announces that the previously announced $480,000 non-brokered private placement has been oversubscribed and Bravada will now issue 6,584,000 units (“Units”) in a non-brokered private placement at a price of $0.08 per Unit for gross proceeds of $526,720. Each Unit consists of one common share and one share purchase warrant, with each warrant exercisable to purchase one additional common share for a period of four years at an exercise price of $0.12 per share. Securities issued pursuant to this private placement, including common shares and share purchase warrants, carry a legend restricting trading of the securities until November 24, 2018.

Net proceeds from the private placement will be used for property maintenance fees, permitting fees and associated ancillary costs as well as accounts payable and for working capital. Finders’ fees and commissions will be paid by the Company in relation to the units sold in this Offering.

President Joe Kizis commented, “This quick, oversold financing demonstrates staunch support for the Company by our significant shareholders and places Bravada in an enviable position of maintaining its portfolio of high-quality exploration/development projects in Nevada, one of the world’s most prolific and attractive gold-mining regions. Bravada owns or controls 1,169 lode mining claims (approximately 9,460 hectares or 23,380 acres or 36 square miles) and has developed attractive drill-ready targets on most of its properties. Permitting has been completed to drill test those targets at Wind Mountain and, subject to posting of bonds, at Quito, SF, and East Manhattan. Consequently, there is strong interest in the Company’s eight projects that are still available for joint venture.”

About Bravada

Bravada is an exploration company with a portfolio of high-quality properties in Nevada, one of the best mining jurisdictions in the world. During the past 12 years the Company has successfully identified and advanced properties that have the potential to host high-margin deposits while successfully attracting partners to fund later stages of project development. Currently, three of Bravada’s eleven Nevada properties are being funded by partners. As well, there are no NSR-type royalties to vendors that cannot be significantly reduced. Bravada’s value is underpinned by a significant gold and silver resource with a positive PEA at Wind Mountain and has significant upside potential from possible new discoveries at its exploration properties, most of which host significant drill intercepts of gold and which have drill targets developed by the Company.

On behalf of the Board of Directors of Bravada Gold Corporation

Joseph A. Kizis, Jr., Director, President, Bravada Gold Corporation

For further information, please visit Bravada Gold Corporation’s website at bravadagold.com.

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.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. These statements are based on a number of assumptions, including, but not limited to, assumptions regarding general economic conditions, interest rates, commodity markets, regulatory and governmental approvals for the company’s projects, and the availability of financing for the company’s development projects on reasonable terms. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Bravada Gold Corporation does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.

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Shoal Point Energy – AGM Voting Results

Vancouver, British Columbia–(Newsfile Corp. – July 23, 2018) – Pursuant to Section 11.3 of National Instrument 51-102, the following matters were put to vote at the Annual and Special Meeting of Shoal Point Energy Ltd. (CSE: SHP) (the “Issuer”) held on July 19, 2018:

The report on the voting results is as follows:

1.                 Number of Directors

By vote of proxy and in person (For: 11,162,741 Shares, Against: 6,060) the number of directors was set at three.

2.                 Election of Directors

By vote of proxy and in person, the following persons were elected as directors of the Issuer until their term of office expires:

  For
 Withheld
Mark Jarvis
 11,112,501  56,300
Eric Schneider
 11,168,561  240
Brian Usher-Jones  11,168,561  240

3.                Appointment and Remuneration of Auditors

By vote of proxy (For: 10,455,621 Shares, Withheld: 713,180 Shares), Dale Matheson Carr-Hilton Labonte LLP was appointed as auditor of the Issuer for the ensuing year and the directors are authorized to set the remuneration.

4.              Financial Statements

By vote of proxy (For 11,168,241 Shares, Against 560 Shares), the financial statements of the Company, together with the auditors’ report thereon, for the fiscal year ended January 31, 2018 were received and approved.

For further information, contact Mark Jarvis at 416 637 2181, extension 310.

The Canadian Securities Exchange (CSE) has neither approved nor disapproved the contents of this news release.

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Vatic Potash Project Update

Vancouver, British Columbia–(Newsfile Corp. – July 23, 2018) – Vatic Ventures Corp. (TSXV: VCV) (OTC Pink: VTTCF) (FSE: V8V2) (the “Company” or “Vatic”) reports that it mobilized for the initial drilling program at its Saksrithai potash project in early-May, but the commencement of drilling has been impacted by continuing heavy rainfall in the project area. Localized flooding and deterioration of the unpaved roads within the rural license areas has prevented access to the selected drilling locations. Accordingly, the Company has released the Drilling Contractor and plans to reschedule commencement of drilling following the end of the rainy season (October/November) by which time the local farmers will have harvested their crops within the area.

In the meantime, the Company continues its community relations programs to ensure cooperation and support from the various local and regional community stakeholders. The Company is taking advantage of the delay to undertake additional seismic data interpretation in the area.

Dr. Gerry Wright, the Company’s CEO commented: “It is disappointing that the program has been delayed but the opportunity to complete additional review of the seismic data will enable the Company to optimize our drill site targets. We are optimistic that the Saksrithai project will host a strategic potash resource, with a ready market in the immediate Southeast Asia region.”

About Saksrithai Development Co. Ltd.

Saksrithai Development Co. Ltd. (“Saksrithai”) is a private Thai company in which the Company holds an 80% shareholding. Saksrithai holds two contiguous Special Prospecting Licenses (SPLs) for potash exploration, within the Khorat evaporite basin. This basin, located in northeast Thailand and extending partly into Laos, covers an area of some 130,000 km². Potash was discovered in the basin in the mid-1970s and according to Hite and Japakasetr (1979)*: “the Khorat Plateau of northeastern Thailand and central Laos has outlined what may develop into one of the world’s largest potash deposits”. Both sylvinite and carnallite minerals are present in the basin.

Saksrithai’s licenses encompass an area of 32 km2 in Nakhon Ratchasima province and are adjacent to the Thai Kali Co. Ltd. ‘Dan Khun Thot’ potash mine which is currently under construction. ASEAN Potash Chaiyaphum Plc’s ‘Bamnet Narong’ mine, also under construction, is located some 40 km from the Saksrithai project.

Qualified Person

The technical content of this news release has been reviewed and approved by Mr. Pieter J. Bakker, MSc. FAusIMM, who is a Qualified Person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.

ON BEHALF OF THE BOARD OF DIRECTORS

Gerald Wright, CEO
778-373-6972
info@vaticventures.com

* Hite, Robert J. and Japakasetr Thawat. Potash Deposits of the Khorat Plateau, Thailand and Laos. Economic Geology. Vol. 74. 1979. Pages 448-458.

ABOUT VATIC VENTURES CORP.

Vatic Ventures Corp. (www.vaticventures.com) is a junior exploration company and continues to assess new opportunities and prospects.

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. “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.” The information contained herein contains “forward-looking statements” within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward-looking statements are subject to a variety of risks and uncertainties that could cause actual events or results to differ from those reflected in the forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company’s expectations or projections.

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Cannabis Educational Platform, Green Flower, Opens Registration for August 11th Launch Of “My Cannabis Career”

Eye-Opening Presentations from A Diversity of Successful Cannabis Business Leaders Give Ambitious Cannabis Enthusiasts Inspiring Insight

Ventura, California–(Newsfile Corp. – July 23, 2018) – Green Flower, the nation’s #1 Cannabis information and educational platform has opened registration for the August 11th introduction of “My Cannabis Career Summit.” Produced to provide cannabis industry wannabe’s an opportunity to hear directly from the best executives in the business, this newest Green Flower summit is an intimate presentation of first-hand personal stories from some of today’s most successful industry giants. The summit is free for all interested on August 11 and available to “Premium” subscribers thereafter.

Intended to give anyone and everyone, whether new or just transitioning, meaningful insight into the Cannabis industry, presentations are from sixteen company leaders sharing their own varied experiences, good and bad or funny and sad, of how they pursued their individual cannabis career paths ultimately finding their place in the flourishing market. Guest presenters come from all levels and cover professional fields that include: retail, cultivation, advertising, law, marketing, medical, PR and more.

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The My Cannabis Career Summit will take place Aug. 11, 2018.
To view an enhanced version of this graphic, please visit:
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“These specialists have found their distinctive place in the Cannabis business,” noted Max Simon, CEO of Green Flower. “Their unique experiences and challenges provide an abundant resource of information for those who are anxiously exploring their own paths in our industry. We specialize in sharing knowledge and believe that assisting future industry specialists through learning programs like this one is fundamental to strengthening the cannabis industry overall.”

Media Contact: Sabrina Propper; Director of Publicity; sabrina@greenflower.com

About Green Flower:

Established in 2014, Ventura-based Green Flower is the world’s largest video platform, maintaining 600+ affiliates to date.  Dedicated to introducing only trusted cannabis knowledge, the platform boasts over 1,000+ hours of high-quality video content featuring 600+ top cannabis industry experts, doctors, scientists, entrepreneurs, and thought-leaders. Serving both consumers and professionals, Green Flower is the go-to platform for understanding every aspect of cannabis today.

Corporate Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com

212.418.1217 Office
editor@NetworkNewsWire.com

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SEC Charges Mizuho Securities for Failure to Safeguard Customer Information

Washington, D.C.–(Newsfile Corp. – July 23, 2018) – The Securities and Exchange Commission today charged Mizuho Securities USA LLC for its failure to safeguard information pertaining to stock buybacks by its issuer customers.  Mizuho failed to maintain and enforce policies and procedures aimed at preventing the misuse of material nonpublic information, including maintaining effective information barriers between different trading desks and requiring employees to keep client information confidential.  Mizuho agreed to settle the charges and will pay a $1.25 million penalty.

According to the SEC’s order, during a two-year period, Mizuho traders regularly disclosed material nonpublic customer buyback information to other traders and Mizuho’s hedge fund clients.  That information included the identity of the party placing the order, the order size, limit price, and indications that the orders were buyback orders. Such information was routinely communicated across trading desks, notwithstanding that during the relevant period Mizuho executed over 99.8 percent of all buyback orders by using algorithms, rather than through trader-negotiated open market trades. 

“Confidential information concerning issuer stock buybacks can be material to institutional investors, particularly when such trading comprises a significant portion of the daily trading volume in the stock being repurchased,” said Antonia Chion, Associate Director of the SEC Division of Enforcement.  “Broker-dealers must be attentive to their responsibilities to maintain and enforce policies and procedures to prevent the misuse of such information.”

The SEC’s order finds that Mizuho willfully violated Section 15(g) of the Securities Exchange Act of 1934.  Without admitting or denying the SEC’s findings, Mizuho consented to the order imposing a $1.25 million penalty, a censure, and ordering it to cease and desist from committing or causing any future violations.  

The SEC’s investigation was conducted by Drew M. Dorman, Greg Hillson, and Kevin Gershfeld.  The case was supervised by Yuri B. Zelinsky and Ms. Chion.  Assisting in the investigation were Chyhe Becker and Cathy Niden in the SEC’s Division of Economic and Risk Analysis and Sarah Heaton Concannon in the Enforcement Division’s Trial Unit.

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