AJN Resources Inc. Announces Grid Geochemical Sampling Results Received and Interpreted from Its Lithium Property in Nevada, USA

Vancouver, British Columbia–(Newsfile Corp. – December 10, 2018) – AJN Resources Inc. (CSE: AJN) (FSE: 5AT) (“AJN”) is pleased to announce the results from its surface grid salt sampling program at the Company’s Lithium Salt Wells project in Nevada. The sampling grid, with 67 samples on 400 meter spacing, was run to determine surface concentrations of Lithium and Boron. These lithium and boron values were then plotted and contoured to help define possible structures. Contour maps showing both elements are available on the Company website www.ajnresources.com.

The lithium grid values indicate a northwest trending structure that is likely a fault or fault zone. This structure appears to be truncated by a northeast trending structure to the south. Higher lithium values were noted along the interpreted northwest trending structure, including one 420 ppm Li assay, but are much lower along the interpreted northeast structure.

The boron grid values indicate the same structures as the lithium grid, though with a slight offset. This may be due to boron’s high mobility in water saturated ground, or an indication that the faults occur more as a fault zones. In addition, both interpreted northwest and northeast trending structures have high boron surface values, indicating boron concentration may not directly relate to lithium concentrations. The highest boron value detected was 5,100 ppm. The high lithium values along the interpreted northeast structure shows it may be serving as a fluid conduit for lithium brine. These surface grids have helped build a more detailed geologic understanding of the area than geophysics and mapping alone. Using the grids and all other previously accumulated data, drill targets will be selected and permitted. The Company expects to release more information in the near future.

Richard Kern, Certified Professional Geologist (#11494) is the Qualified Person who has prepared and reviewed this press release in accordance with NI 43-101 reporting standards.

About AJN Resources Inc. (CSE: AJN) (FSE: 5AT)

AJN holds an option to acquire a 100% interest in the Salt Wells Lithium Project (the “Property”) in Churchill County, Nevada, USA. The Company’s business objective is to explore for lithium mineralization on the Property. AJN’s management and directors possess over 75 years of collective industry experience and have been very successful from exploration, to financing, to developing major mines throughout the world.

www.ajnresources.com

On Behalf of the Board of Directors

Jag Sandhu
CEO and President
778-218-9638

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Pan Global – Escacena Investigation Permit Granted and Drilling in Progress, Spain

Vancouver, British Columbia–(Newsfile Corp. – December 10, 2018) – Pan Global Resources Inc. (TSXV: PGZ) (“Pan Global” or the “Company”) is pleased to announce the grant of a mineral exploration permit on the Escacena gold / copper / zinc prospect in the Iberian Pyrite Belt in southern Spain. The Company also provides an update on drilling progress in the Aguilas project, in Córdoba and Ciudad Real provinces, Spain.

Key Points:

  • The Escacena Investigation Permit has been granted and formal notice received by EVALAM 2003 SL (EVALAM) on 28 December, 2018. Pan Global has a binding Letter of Intent with EVALAM, providing the company an exclusive option to acquire 100% of the Escacena mineral rights.
  • Exploration on the Escacena property can commence immediately. The target is volcanic-hosted massive sulphide copper and zinc in the Iberian Pyrite Belt on-strike from Aznalcollar, Los Frailes and Las Cruces mines.
  • Drilling is advancing in the Aguilas Project with approximately 25% of the planned drilling completed and results awaited for several drill holes. Assays will be released early in the new year.
  • The drilling on the Torrubia trend has confirmed the presence of a large multi-stage breccia system with IOCG-style hematite alteration and associated copper mineralisation. A small portion of the >12 kilometre long Torrubia Trend has been tested so-far.
  • Drilling is now shifting to the Zumajo lead-zinc-silver trend. Drilling will resume on the Torrubia copper target as soon as access is granted.

Tim Moody, President and CEO states: “The granting of the Escacena Investigation Permit is an important milestone and allows exploration to commence on this highly prospective property in the World’s premier volcanic-hosted massive sulphide district. Drilling on the copper targets in the Aguilas project is encouraging at this early stage and shows many components of a large iron oxide copper gold (IOCG) style system.”

Escacena Project

On June 8, 2017, the TSX Venture Exchange accepted for filing the Letter of Intent dated May 15, 2017 between Pan Global and EVALAM whereby the Company may acquire a 100% interest in the Escacena Investigation Permit (2,060 hectares) in the Iberian Pyrite Belt, southern Spain (Figure 1).

Consideration is $350,000 cash over a 3-year period and $1,000,000 in exploration work commitments. The Vendor will retain a NSR of 0.5% on the first 12,500 tonnes of copper equivalent and 0.75% on any amount in excess of 12,500 tonnes of copper equivalent. The NSR has a lifetime cap of $5,000,000. On November 26, 2018, the Junta de Andalucia issued written notice to EVALAM granting “Escacena” Investigation Permit No. 14,903.

The Escacena property includes two large gravity anomalies. Wide-spaced historical drilling on the La Romana gravity anomaly in the south of the property confirmed massive sulphide and stock work mineralisation over approximately 1.3 kilometres of strike, including a best drill interval of 4.68 metres @ 2.94% Cu (open). In the North of the property, the Cañada Honda target is a 1.5 x 0.5 kilometre untested gravity anomaly in a favourable geological setting along-strike from the nearby Aznalcollar and Los Frailes massive sulphide deposits.

Aguilas Project

The Aguilas project covers more than 16,000 hectares in northern Andalucia, Spain and includes the Las Aguilas group of mineral rights (Figure 2). The area contains several major Northeast trending fault / breccia structures with indications of hematite-dominant iron oxide copper gold (IOCG) style mineralisation. Exploration to-date has focused on the >12 km long Torrubia copper trend and >20 kilometre long Northwest trending Zumajo lead-silver mine trend. None of the targets have been drill tested previously.

The company commenced systematic exploration in the Aguilas Project in 2017 resulting in delineation of two large copper anomalies on the Torrubia copper trend with up to 0.69% Cu in soils and up to 28% Cu, 33% Fe, 1.7g/t Au, 15.5g/t Ag and 0.13% Co in rock samples. The Torrubia copper target is approximately 3.1 x 0.32 kilometres and Cerro Aguila copper target is approximately 0.6 x 0.3 kilometres.

Soil geochemistry on a 6 kilometre section of the Zumajo trend outlined two large lead-zinc-silver soil anomalies with historical mine reports and sampling of mine dumps indicating potential for high metal grades. This includes a 1.8 kilometre long target associated with the former San-Juan and San Rafael mines and a separate target extending for 1 kilometre along strike from the former San Cayetano mine. Results include up to 8.9% Pb, 0.97% Zn, 17.5g/t Ag and 672ppm Cu in soils and up to >20% Pb, 20.7% Zn, 235g/t Ag and 12.75% Cu in rock grab samples from mine dumps.

In September 2018, the company commenced its first drill campaign at the Aguilas project. The planned program includes approximately 20 to 25 drill holes and total of 3000 to 4000 metres. The drill holes are designed to provide the first test of the copper and polymetallic targets, and provide information on the geology and nature of the mineralisation to help future targeting. Approximately 25% of the planned drill holes have been completed to-date. Samples are delivered to ALS Laboratories in Seville, Spain for preparation and analysis. The company expects to release assay results early in 2019. Photos of drill core shown in Figure 3.

Qualified Person

Robert Baxter (FAusIMM), a Director of Pan Global Resources and a qualified person as defined by National Instrument 43-101, has reviewed the scientific and technical information that forms the basis for this news release. Mr. Baxter is not independent of the Company.

About Pan Global Resources

Pan Global Resources Inc. is actively engaged in base and precious metal exploration in Spain and pursuing opportunities from exploration through to mine development. The company has committed to operating safely and with respect to the communities and environment where we operate.

On behalf of the Board of Directors
www.panglobalresources.com
.

FOR FURTHER INFORMATION PLEASE CONTACT:

info@panglobalresources.com

Statements which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. It is important to note that actual outcomes and the Company’s actual results could differ materially from those in such forward-looking statements. Risks and uncertainties include, but are not limited to, economic, competitive, governmental, environmental and technological factors that may affect the Company’s operations, markets, products and prices. Readers should refer to the risk disclosures outlined in the Company’s Management Discussion and Analysis of its audited financial statements filed with the British Columbia Securities Commission.

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.

Figure 1 Escacena Project

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Figure 2Aguilas Project, Targets and Planned Drill Holes 

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Figure 3 Drill core from the Torrubia copper trend

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(a) TOR-001 oxide and sulphide copper mineralisation,
(b) TOR-001 marcasite + chalcopyrite with bornite rims,
(c) TOR-001 breccia and (d) CDA-002 breccia

Shares Issued and Outstanding: 91,793,387

Wildsky Resources Inc. Announces Resignation of Director

Vancouver, British Columbia–(Newsfile Corp. – December 10, 2018) – Wildsky Resources Inc. (formerly China Minerals Mining Corporation)  (TSXV: WSK) (OTC Pink: HWTHF) (the “Company”) announces announce that Mr. Yijie He has resigned from the board of directors of the Company. The Company wishes to thank Mr. He for his service to the Company.

About Wildsky Resources Inc.

Wildsky Resources Inc. is a Canadian based exploration and development company with office located in Vancouver, B.C. The Company’s goal is to create value for shareholders through continuously exploring and developing its current properties in BC and at the same time looking for new properties to acquire through its international connections.

For more information on Wildsky Resources, please contact the Company at (778) 889-4966, or visit the Company’s website at www.wildskyresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“signed by Wenhong Jin

Wenhong Jin
President and CEO

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 of accuracy of this release.

Cautionary Statement Regarding “Forward-Looking” Information

Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in Wildsky Resources’ periodic filings with Canadian securities regulators. When used in this news release, words such as “will”, “could”, “plan”, “estimate”, “expect”, “intend”, “may”, “potential”, “appear”, “should,” and similar expressions, are forward-looking statements.

Although Wildsky Resources has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward looking statements may differ materially from actual results or events.

Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this news release, and Wildsky Resources disclaims any intention or obligation to update or revise such information, except as required by applicable law.

NutraFuels Inc. Utilizes Nanotechnology for Its CBD-Infused Products

Coconut Creek, Florida–(Newsfile Corp. – December 10, 2018) – NutraFuels, Inc. (OTCQB: NTFU) (“NTFU” or the “Company”), Nutraceutical & CBD Manufacturer & Distributor, announces its use of Nanotechnology in its CBD-infused line of products distributed under its NutraHempCBD brand.

NTFU’s nanotechnology is designed to provide optimal absorption into the body of NTFU’s CBD-infused formulations. Nanotechnology refers to dealing with matter on a very small scale. Nanotechnology allows the smaller cannabinoid particles to be in their most bio-active form for fast absorption and high potency.

“We believe that our proprietary processing utilizing nanotechnology allows for us to create superior products with enhanced bioavailability,” said Edgar Ward, CEO, and Founder of NutraFuels Inc., “We believe that nanotechnology and our enhanced delivery system allows us to give our customers the most effective and efficient delivery system.”

According to Andrij Holian of the Center for Environmental Health Sciences Biomedical and Pharmaceutical Sciences, “Nanoparticles have become a significant interest as a drug delivery system due to their small size and large surface area.”

NutraFuels Inc., a publicly held company traded on the OTCQB under the ticker symbol NTFU, is a nutraceutical company with a line of CBD-infused products known by its in-house brand, NutraHempCBD. Using premium CBD hemp oil, its formulations are designed to promote overall health and wellness. NutraHempCBD products are intended for daily use with observed health benefits including anti-stress, anti-inflammation, calmness to sleep and stay asleep.

NutraHempCBD uses its specialty process to decrease the particle size and uses nano nanoemulsion in its products. For example, its Joint and Pain Balm aids in the alleviation pain with a silky and soothing formulation. Studies suggest that the key ingredient, CBD, may reduce inflammation while interacting with neurotransmitters. The CBD-infused Face Cream is made with Shea Butter and works to maintain elasticity of the delicate facial tissue. CBD studies have shown anti-inflammatory properties as well as a reduction in acne. For a full list of products including Nutrahemp CBD oral sprays, the day and nighttime formulas, and NutraPet oil visit its website.

NutraFuels, Inc is a fully reporting company with a class of securities registered with the U.S. Securities & Exchange Commission (“SEC”). As reported in its Form 8-K filed with the SEC on November 13, 2018, NTFU recently announced its financial results for the three (3) and nine (9) month period ended September 30, 2018 with revenue of $1,062,146 and $2,870,462 respectively compared to $652,385 and $1,027,727 for the three (3) and nine (9) month period ended September 30, 2017. NTFU’s filings with the SEC can be viewed at www.sec.gov. NTFU’s CBD products and information about the company’s direct sales program can be found online at www.nutrahempcbd.com and by following the company on Instagram.

Forward-Looking Statements
This communications contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by words or phrases such as “may,” “will,” “except,”, “intends”, “anticipate,” “aim,” “estimate,” “plan,” “believe,” “is/are likely to,” “future” or other similar expressions. NutraFuels, Inc. (“NTFU” or the “Company”) has based these forward-looking statements largely on the Company’s current expectations and projections about future events and financial trends that the Company believes may affect Company’s financial condition, results of operations, business strategy and financial needs. There is no assurance that Company’s current expectations and projections are accurate. All forward-looking statements in this press release are based on information available to the Company on the date hereof. These statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results to differ materially from those implied by the forward-looking statements. More detailed information about these risk factors are set forth in the Company’s filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the Section entitled “Risk Factors,” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017 filed with the Securities and Exchange Commission on April 17, 2018. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time, and it is impossible for the Company’s management to predict all risk factors, nor can the Company assess the impact of all factors on Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking statement. The Company does not undertake any obligation to update or revise the forward-looking statements except as required under applicable law.

Contact:
NutraFuels, Inc.
6601 Lyons Road, Suite L-6
Coconut Creek, FL 33073
Telephone 888-509-8901
www.NutraFuels.com
www.NutraHempCBD.com

InvestmentPitch Media Video Discusses Great Atlantic’s New NI 43-101 Technical Report Which Provides Maiden Inferred Resource Estimate on Golden Promise Gold Property in Newfoundland – Video Available on Investmentpitch.com

Vancouver, British Columbia–(Newsfile Corp. – December 10, 2018) – Great Atlantic Resources (TSXV: GR) (FSE: PH01) has filed a NI 43-101 Technical Report on the company’s Golden Promise Gold Property located in the central Newfoundland gold belt. This report provides a maiden inferred resource estimate for the Jaclyn Main Zone.

InvestmentPitch Media has produced a “video” which discusses this news. If this link is not enabled, please visit www.InvestmentPitch.com and enter “Great Atlantic” in the search box.

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The property is located within the Exploits Subzone of the Newfoundland Dunnage Zone. Within the Exploits Subzone, the property lies along the north-northwestern fringe of the Victoria Lake Supergroup, a volcano-sedimentary terrane.

The northwestern margin of the Golden Promise Property occurs proximal to, and, in part, contiguous with a major (Appalachian-scale) collisional boundary, and suture zone, known as the Red Indian Line, which forms the western boundary of the Exploits Subzone.

Recent significant gold discoveries in this region of the Exploits Subzone include those of Sokoman Iron Corp. (TSXV.SIC) and Marathon Gold Corp. (TSXV.MOZ).

The property is located approximately 40 kilometers west-southwest of the Moosehead Project of Sokoman Iron Corp. Sokoman reported a drill intersection of 45 grams per tonne gold over an 11.9 meter core length including a 1.35 meter core length quartz vein intersection of 386 grams per tonne gold from a discovery made during their 2018 diamond drill program.

The Valentine Lake Gold Camp of Marathon Gold Corp. is located approximately 55 kilometers to the southwest. As reported on Marathon’s website, the Valentine Lake Gold Camp currently hosts four near-surface, mainly pit-shell constrained, deposits with measured and indicated resources totalling 2.7 million ounces of gold at 1.85 grams per tonne and inferred resources totalling 1.5 million ounces of gold at 1.77 grams per tonne.

Great Atlantic cautions that mineralization at the Moosehead Property and Valentine Lake Gold Camp is not necessarily indicative of mineralization on the Golden Promise Property.

This new report includes a mineral resource estimate for the Jaclyn Main zone, the only area within the property for which sufficient data exists to support a resource estimate. The zone was modelled as a single quartz vein that strikes east-west and dips steeply to the south. Modelled vein thickness was based on true thickness derived from quartz vein intercepts.

The estimate is based on 220 assays from 107 drill holes between 2002 and 2010, most of which has been preserved at a Provincial Government storage facility in Buchans. Because part of the vein is near surface the resource estimate was constrained by a conceptual open pit to demonstrate reasonable prospects of eventual economic extraction.

Generic mining costs of US$2.50 a tonne and processing costs of US$25.00 a tonne were used together with a gold price of US$1,300 per ounce. For the capped mineral resource estimate, all assays that exceed 65 grams per tonne gold were capped at 65 grams per tonne gold. All resources were classified as inferred because of the relatively wide spacing of drill holes through most of the zone.

Based on the combined hypothetical mining and processing costs and the assumed price of gold, a pit-constrained cutoff grade of 0.6 grams per tonne gold was adopted, with a resource cutoff of 1.5 grams per tonne assumed for the underground portion. Using a weighted average cutoff of 1.1 grams per tonne gold resulted in inferred resource of 106,400 ounces capped and 119,900 ounces upcapped.

Gold bearing quartz veins are reported in multiple areas including at least 5 gold bearing quartz vein systems reported in one zone referred to as the Jaclyn Zone located in the northern half of the property. Much of the reported historical exploration at the property has been focused on the Jaclyn Zone with gold bearing vein systems reported at the Jaclyn Main, Jaclyn East, Jaclyn West, Jaclyn North and Jaclyn South Sub-zones.

Significant historical work is also reported in the southwest region of the property at the Linda/Snow White vein, including grab samples reported to return 105 and 232 grams per tonne gold. A reported channel sample returned 29.7 grams per tonne gold over half a meter, and a diamond drillhole intersected 19.5 grams per tonne gold over a 1.15 meter core length. Gold bearing veins and gold bearing float are reported in other regions of the property.

For more information, please visit the company’s website www.greatatlanticresources.com. Investor Relations is handled by Kaye Wynn Consulting Inc. They can be reached at either 604-558-2630 or 888-280-8128, or email info@kayewynn.com

About InvestmentPitch Media

InvestmentPitch Media leverages the power of video, which together with its extensive distribution, positions a company’s story ahead of the 1,000’s of companies seeking awareness and funding from the financial community. The company specializes in producing short videos based on significant news releases, research reports and other content of interest to investors.

CONTACT:
InvestmentPitch Media
Barry Morgan, CFO
bmorgan@investmentpitch.com

Cascadero Copper Corp. Announces Transaction with InCoR Holdings Plc

North Vancouver, British Columbia–(Newsfile Corp. – December 10, 2018) – Cascadero Copper Corporation (TSXV: CCD) (the “Company“) announces that it has executed a binding term sheet whereby InCoR Holdings Plc. (“InCoR“), a closely held company at arm’s length to the Company, will acquire a 30% interest in Cascadero Minerals Corporation (“CMC”), a subsidiary of the Company that holds title to the Company’s properties for US$1.5 million (the “Transaction“). The purchase price is payable in 3 instalments commencing on January 31, 2019. CMC is held as to 70% by the Company and 30% by Regberg Ltd. and on closing of the Transaction (“Closing“) the Company will hold 40% and InCoR and Regberg shall each own 30%. The parties will enter into a shareholders agreement, with the Company as operator, which will provide for a pro-rata sharing of the budgeted costs of the exploration and development of the properties. No finder’s fee is payable on the Transaction.

In connection with the Transaction InCoR has agreed to subscribe for a private placement consisting of 15 million units of the Company to be comprised of a share and a warrant priced in accordance with the policies of the TSX Venture Exchange. Securities issued in the private placement will be subject to a four month hold period.

Concurrent with the Closing of the Transaction it is also intended that a new President and CEO of the Company will be appointed and the board of the Company will be reconfigured in a manner mutually acceptable to the Company and InCoR.

The Transaction and the private placement are subject to necessary regulatory approvals, and to the negotiation, execution and delivery of definitive legal documents and completion by InCoR of a satisfactory due diligence review of the Company and its assets. The Closing of the Transaction and the private placement is expected to be on or before January 31, 2019.

InCoR has agreed to a down payment on the Transaction of US$190,000 (CAD$250,000), which is payable within 30 days and is deductible from the first installment. The deposit is refundable if the Transaction does not close, but only in the event of the failure to satisfy customary conditions precedent.

The Company will use the proceeds received from InCoR for general corporate purposes, working capital and to restart exploration in Argentina early in 2019. The property portfolio remains intact, and the initial focus of exploration and development activities will likely be the Taron group of properties, but the La Sarita Este property is also under consideration.

Brian Causey, Chairman of Cascadero states Cascadero management is very excited about this arrangement with InCoR, and we view InCoR as a long-term partner for the development of its property portfolio. Our exploration plans are to develop one property at a time, with an expectation for working towards sufficient property data to support a NI 43-101 study.

About InCoR

InCoR is a venture capital investor in the natural resources sector focused on development and commercialization of minerals processing technologies. Its business model is to pair investment in minerals processing technologies with investment in mineral resources and processing facilities.

InCoR’s key management are experienced industry professionals in the field of hydrometallurgy, geology, design engineering and construction, investment banking and private equity.

InCoR applies hydrometallurgical technologies to produce metals products having environmental benefits over alternative pyrometallurgical processing. Environmental sustainability is a key tenet of InCoR’s investment philosophy.

InCoR holds interests in base metals, as follows:

Lead – processing technologies for recovery of lead from lead oxide and lead sulphide material utilising methane sulfonic acid as a leaching agent, paired with its investment in LeadFX Inc.;

Copper – processing technologies for leaching copper from copper concentrates containing copper sulphides including chalcopyrite concentrates and concentrates containing arsenic and antimony compounds, together known as the GALVANOXTM process;

Nickel – processing technology for recovery of nickel from nickel saprolite ore, known as the Starved Acid Leaching technology or SALT; and

Zinc – processing technology for recovery of high purity zinc oxide from zinc ore.

In rare and strategic metals, InCoR has investments in:

Indium – recovery of indium (and silver, gold and other precious and base metals) from complex oxide and sulphide ores; and

Rare Earths – recovery of high purity mixed rare earth oxide concentrates via its investment in Search Minerals Inc.

InCoR is an acronym for International Commodities and Restructuring.

About Cascadero

Cascadero Copper Corporation holds an extensive portfolio of mineral properties in Argentina, including 32 tenements, which in the aggregate equates to 46,000 hectares of highly prospective geology. The current property portfolio has taken 10 years to assemble and it is squarely focused on Precious Metals including Gold, Silver, Copper and a large-scale Cesium showing. The properties are mainly in Salta Province in Northwestern Argentina.

Brian F. Causey
Chairman
Cascadero Copper Corporation
For further information contact Bill McWilliam 778 999 3273;
billmcbill10@gmail.com.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

APPx Group Holdings, Inc. Announces $2.8 Million Private Placement

Montreal, Quebec–(Newsfile Corp. – December 10, 2018) – APPx Group Holdings, Inc. (CSE: APPX) (FSE: APO) (“APPx” or the “Company”) a Canadian Fintech incubator and blockchain development company, is pleased to announce that it will undertake a non-brokered private placement (the “Private Placement“), led by a United States-based financial institution consisting of 13,000,000 units (the “Units“) at a price of C$0.22 per Unit for gross proceeds of C$2,860,000.

Each unit will be comprised of one common share and one half of a non-transferable common share purchase warrant (each a “Warrant“). Each Warrant will entitle the holder thereof to purchase one additional common share for a period of two years at an exercise price of $0.35 per share.

APPx is extremely thrilled to have this financial institution involved as a partner and a shareholder. This offering shows continued and growing global interest in APPx and its projects.

Finder’s fees may be payable in accordance with the policies of the Canadian Securities Laws and applicable securities laws. All securities issued and issuable in connection with this Private Placement will be subject to a 4-month hold period in Canada from the closing date. The net proceeds from the Private Placement will be used for building and launching a next-generation cryptocurrency mining operation, project generative activities, blockchain research and development, mergers and acquisitions, and general and administrative expenses.

For more information about APPx Group Holdings, Inc. and its projects, visit www.appxgroup.com or follow on Twitter @AppxGroupInc.

About APPx Group Holdings, Inc.

APPx Group Holdings, Inc. is a Fintech incubator that offers technology-based business solutions. Our growing partnership network allows us to service a wide range of markets: advertising, blockchain, crypto, fintech, and telecommunications products and services.

With our strong reach, we’re constantly adding to, and enhancing, our portfolio. We strive to be industry leaders, creating innovations engineered from the ground up by our diverse culture of talent. APPx delivers sustained value by strategically solving our customers’ immediate and long-term needs, helping them reach their goals on a global scale.

On Behalf of the Board of Directors

Signed “Rahim Mohamed”
Rahim Mohamed, CEO

For further information, contact:
APPx Group Holdings, Inc.

Rahim Mohamed, CEO
RM@appxgroup.com
(833) 777-APPX

Jay Ruckenstein, President
jay@appxgroup.com
(833) 777-APPX

Forward-looking Information

Certain statements in this release are forward-looking statements/information. Statements about the Company’s plans and intentions, the Private Placement, use of proceeds, other potential transactions, product development, events, courses of action, and the potential of the Company’s technology and operations, among others, are all forward-looking information. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. Forward-looking statement are necessarily based upon a number of factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements express or implied by such statements. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, present and future business strategies, the ability to successfully develop software, anticipated costs, the environment in which the Company will operate in the future, and other factors, many of which are beyond the control of the Company. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks.

Forward-looking statements are subject to a variety of risks and uncertainties, which could cause actual events, level of activity, performance or results to differ materially from those reflected in the forward-looking statements, including, without limitation: that laws and regulations may become more onerous; the ability of the Company to obtain necessary financing; the economy generally; the future growth, results of operations, performance and business prospects and opportunities; changes in laws and regulations; changes in and the effect of government policies; demand for products and services; competition; anticipated and unanticipated costs; reliance on management; claims and legal proceedings; conflicts of interest; and market price and volatility of the common shares of the Company.

Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, changes in laws, negative sentiment towards the industry in which the Company operates, increase in operating costs, the loss of key directors, employees, advisors or consultants, technology failures, litigation, failure to develop new and innovative products, failure of counterparties to perform their contractual obligations and fees charged by service providers. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements.

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

The Canadian Securities Exchange has not reviewed, nor approved the contents of this news release.