Arctic Star Exploration Corp. Commences Exploration Program at Diagras Property, Northwest Territories, Canada

Vancouver, British Columbia–(Newsfile Corp. – March 25, 2019) –  Arctic Star Exploration Corp. (TSXV: ADD) (FSE: 82A1) (WKN: A2DFY5) (“Arctic Star” or the “Company”) is pleased to announce that exploration has commenced at its 40% owned Diagras Property (“Diagras” or the “Property”) located in the Northwest Territories, Canada. Diagras totals 22,595 Hectares within 31 mineral claims with a total of 23 known kimberlites. Some preliminary results are already available, and they are encouraging. (See Figure 1).

The exploration program consists of Gravity, Magnetic and Electromagnetic (EM) ground surveys focused around historically identified kimberlites as well as other airborne geophysical anomalies with kimberlite like signatures. This ground work will provide detailed data for further analysis and interpretation to identify additional kimberlite potential with drill testing. The Company has also posted a financial Security for the land use permit, which will allow for camp construction, drilling and related exploration activities.

Margret Lake Diamonds Inc is a contributing Joint Venture (the “Joint Venture”) between the Company, which acts as project operator and holds a 60% interest, and Arctic Star Exploration Corp. which holds a 40% interest. Diagras is located in the prolific Lac de Gras diamond field, Northwest Territories, Canada just 35 km from the world-class Diavik diamond mine. The Property lies directly on trend with the Diavik deposits currently being mined by a joint venture between Rio Tinto and Dominion Diamond Diavik.

Detailed, modern ground geophysical techniques are being employed to define possible additional kimberlite(s) or kimberlite phases not identified by previous explorers, who did not utilize all these techniques. This exploration approach has been successful elsewhere with recent examples including the discoveries of additional diamondiferous kimberlite at the Kelvin and Faraday kimberlite complex (Kennady North project adjacent to the Gahcho Kue’ Diamond Mine). Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on Diagras.

This work is funded in part by significant grants from the Government of the Northwest Territories (GNWT) Mining Incentive Program (MIP). The Company would like to thank the GNWT for their support and recognition of the potential for this quality exploration program.

The Joint Venture was previously successful using this strategy during the 2017 and 2018 exploration seasons. The previous work revealed gravity and EM anomalies proximal to known magnetic kimberlites that constitute compelling drill targets.

At the Black Spruce kimberlite, previous workers discovered this kimberlite by drilling a distinct magnetic low. Our work in 2017 shows a series of gravity lows occur coincident and adjacent to the south of the known magnetic kimberlite phase. One of these gravity anomalies clearly breaks and disturbs a diabase dyke signature, which is a characteristic similar to many known Lac de Gras kimberlites. Preliminary results from this year 2019, show a strong EM anomaly the is partly separate and partly coincident with the magnetic and gravity anomalies. The simplest explaination is that each geophysicsal signature, the Magnetic, the gravity and them represent different phases of the same kimberlite complex. Each phase can have totally different diamond grades and populations. The gravity and EM anomalies require separate drill testing.

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Figure 1. Preliminary Ohm Mapper results for the Black Spruce Kimberlite. Colour image, EM data Magenta is more conductive. Contours Gravity data. 0.1mgal contours. Dotted blue outlines gravity targets, black outline magnetic signature. Note that they overlap but don’t coincide which indicates separate kimberlite phases. Dots are previous drill holes targeting the magnetic anomaly.

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/4806/43649_6210a1c894002802_002full.jpg

Targets of great interest were also generated at the Jack Pine kimberlite, which is one of the largest kimberlite complexes in the Lac de Gras diamond field (over 1.5km in its longest dimension), the geophysical methods (ground gravity, EM and magnetics) highlighted obvious magnetic kimberlite phases drilled by previous explorers while also successfully defining a new kimberlite-like geophysical expression believed to have not yet been evaluated by drilling according to available public domain records. Previous drilling in the Jack Pine kimberlite complex has demonstrated it is diamond bearing.

At the Suzanne kimberlite, ground geophysical work has revealed a magnetic low anomaly, a gravity anomaly and a linear EM anomaly. Data in the public domain indicates that only one drill hole tested this kimberlite leaving potentially untested kimberlite(s) and/or phases.

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Figure 2. Diagras Land Package within Lac de Gras Diamond Field

To view an enhanced version of Figure 2 please visit:
https://orders.newsfilecorp.com/files/4806/43649_6210a1c894002802_003full.jpg

Qualified Person

The technical data in this news release has been reviewed and approved by Buddy Doyle, P.Geo., a Qualified Person under the provisions of National Instrument 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS OF
ARCTIC STAR EXPLORATION CORP.

“Patrick Power”

Patrick Power, President & CEO
+1 (604) 218-8772
ppower@arcticstar.ca

This news release contains “forward-looking statements” including but not limited to statements with respect to Arctic Star’s plans, the estimation of a mineral resource and the success of exploration activities. Forward-looking statements, while based on management’s best estimates and assumptions, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward-looking statements, including but not limited to the risk that the Company is unable to close further tranches of the planned private placement and the Company’s plan to use all or some portion of the proceeds for exploration of the Foriet Diamond Property. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Arctic Star undertakes no obligation or responsibility to update forward-looking statements, except as required by law.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43649

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Wildflower Brands Launches New Products

Vancouver, British Columbia–(Newsfile Corp. – March 25, 2019) – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) (the “Company”) is pleased to announce the addition of the Pure and Pure Plus tinctures to the Company’s CBD+ Wellness line of products.

Pure and Pure Plus tinctures are formulated with hemp-derived CBD, milk thistle and hemp seed oil to provide relief from inflammation and support healthy liver and heart function. Based on the success of Wildflower’s existing tinctures, hemp seed oil has been added to the new offering for the optimal ratio of omega-3 and omega-6 fatty acids. The solvent-free formulations can be taken sublingually via a dropper or used in food and beverage preparation.

This product launch is part of Wildflower’s ongoing product development efforts to meet the wholesale and retail customer demands for its high-quality offerings. Wildflower will continue to expand its CBD+ lineup.

The CBD+ Wellness line offers all-natural, plant-based alternatives for consumers’ daily wellness regimes. These products combine the natural healing properties of hemp-derived CBD with other synergistic plant-based ingredients for added effect.

William MacLean, CEO of Wildflower Brands, says, “Consumers are drawn to Wildflower because of the effectiveness and range of options available in our product lineup. The strong brand loyalty of Wildflower customers reflects the time and resources invested in our pipeline of products.”

The Pure and Pure Plus tinctures will be available at buywildflower.com and to retailers beginning March 26, 2019.

ABOUT WILDFLOWER

Wildflower Brands is a Vancouver-based company developing and designing brands that focus on plant-based health and wellness products.

All of our brands work in synergy toward the goal of becoming a global wellness leader.

Cautionary and Forward-Looking Statements

This news release contains forward‐looking statements and forward‐looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward‐looking statements or information. Forward‐looking statements and information are often, but not always, identified by the use of words such as “appear”, “seek”, “anticipate”, “plan”, “continue”, “estimate”, “approximate”, “expect”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “would” and similar expressions.

Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward‐looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the risks associated with the marijuana industry in general such as operational risks in growing; competition; incorrect assessment of the value and potential benefits of various transactions; ability to access sufficient capital from internal and external sources; failure to obtain required regulatory and other approvals and changes in legislation, including but not limited to tax laws and government regulations. Accordingly, readers should not place undue reliance on the forward‐looking statements, timelines and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive.

The forward‐looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward‐looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the Canadian Securities Exchange. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.

The Canadian Securities Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved of the contents of this press release.

Corporate Communications:
NetworkWire (NW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkWire.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43633

Delrey Commences Airborne Magnetic Geophysical Surveys on Its BC Vanadium Projects

Vancouver, British Columbia–(Newsfile Corp. – March 25, 2019) – DELREY METALS CORP. (CSE: DLRY) (FSE: 1OZ) (OTC Pink: DLRYF) (“Delrey” or the “Company“) is pleased to announce that is has commenced a phase I work program consisting of four airborne magnetic geophysical surveys to be flown over the coming weeks on its 100% wholly-owned Blackie, Porcher, Star and Peneece projects located near Prince Rupert, and Port Hardy British Columbia.

The Company will oversee the completion of four individual surveys covering a combined 9482.56-hectares. The survey blocks will be flown in a systematic low-level grid pattern at 150-meter line spacing. The properties are all prospective for vanadium-bearing massive titaniferous magnetite and the surveys will focus on known mineralized exposures mapped by previous operators with coincident magnetic anomalies identified in the Canada 200m Residual Total Magnetic Field dataset.1

The results from all of these surveys will be used in helping Delrey’s technical team plan a phase II work program which will include prospecting and rock sampling over the identified magnetic highs.

“The team is excited to have initiated geophysical surveys on its 100% wholly-owned BC vanadium projects. Delrey expects to receive the survey results within the coming weeks allowing the Company to revert back for its phase II work program which will be conducted in mid- to late-spring. The phase III work program on the properties will ideally take place during the summer months which will include diamond drilling over the highest priority targets,” commented Morgan Good, Delrey’s President and Chief Executive Officer.

About Blackie

Blackie is a 1213.2-hectare property 100% owned by Delrey located 96km south-southwest of Prince Rupert, British Columbia along tide-water. The property is centered on a large gabbroic body with estimated dimensions of 1.2km x 0.4km x 0.5km hosting iron-titanium-vanadium mineralization within massive titaniferous magnetite with historic bedrock samples assaying as high as 2.14% V205.1

About Porcher

Porcher is a 3122.16-hectare property 100% owned by Delrey located 38km south-southwest of Prince Rupert, British Columbia along tide-water. The property is centered on two north-south trending gabbroic dykes (5.2km x 1km and 4km x 0.6km) hosting iron-titanium-vanadium mineralization within massive titaniferous magnetite with historic concentrate grades assaying as high as 0.84% V205.1

About Star

Star is a 3646.8-hectare property 100% owned by Delrey located 27km south-southwest of Prince Rupert, British Columbia along tide-water. The Property is centered on a 5km x 7km magnetic high (Canada 200m Residual Total Magnetic Field) and is drained by up to 158ppm vanadium-in-silt (99th percentile), as identified in the British Columbia Geological Survey Regional Geochemical Survey (RGS) completed in 2000.1

About Peneece

Peneece is a 1500.4-hectare property 100% owned by Delrey located 68km east of Port Hardy, British Columbia along tide-water. The property is centered on a northwest-southeast trending 4.8km x 0.8km pyritic gabbroic complex hosting iron-titanium-vanadium mineralization within massive titaniferous magnetite with historic concentrate grades ranging from 0.29% to 0.59% V205 and up to 6.5g/t Ag, a precious metal not often found in appreciable quantities in these systems.1

Option Grant

The Company also pleased to announce that it has granted stock options (the “Options“) to certain consultants for the purchase of up to 100,000 Shares pursuant to the Company’s Stock Option Plan. The Options are exercisable for a period of five (5) years at an exercise price of $0.25 per Share and vest immediately.

About Delrey

Delrey is a mineral exploration company focused on the acquisition, exploration and development of mineral resource properties, specifically in the strategic energy metals space. The Company has an option to earn a 100% interest in the highly prospective Sunset property located in the Vancouver Mining Division near Pemberton, British Columbia. The Company has also recently purchased the Star, Porcher, Peneece and Blackie Fe-Ti-V properties located along tide-water in western British Columbia. Delrey will continue to review and acquire projects showing potential for materials used in the energy storage and electric vehicle markets. The Company is based in Vancouver, British Columbia, and is listed on the CSE under the symbol “DLRY”.

Qualified person

Scott Dorion, P.Geo., is the designated Qualified Person of the Company as defined by NI 43-101 and has reviewed and approved the technical information contained in this release.

ON BEHALF OF THE BOARD OF DIRECTORS OF

DELREY METALS CORP.

“Morgan Good”

Morgan Good
President and Chief Executive Officer

For more information regarding this news release, please contact:
Morgan Good, CEO and Director
T: 604-620-8904
E: info@delreymetals.com
W: www.delreymetals.com

1Historical information contained in this presentation cannot be relied upon as the Company’s QP, as defined under NI 43-101 has not prepared nor verified the historical information.

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this news release, constitute “forward-looking information” as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, but are not limited to, general business and economic uncertainties. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, which could result in delays, or cessation in planned work, that the Company’s financial condition and development plans change, delays in regulatory approval, risks associated with the interpretation of data, the geology, grade and continuity of mineral deposits, the possibility that results will not be consistent with the Company’s expectations, as well as the other risks and uncertainties applicable to mineral exploration and development activities and to the Company as set forth in the Company’s Management’s Discussion and Analysis reports filed under the Company’s profile at www.sedar.com. There can be no assurance that any forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements. The Company undertakes no obligation to update forward-looking information or statements, other than as required by applicable law.

1Historical information contained in this news release cannot be relied upon as the Company’s Qualified Person, as defined under NI 43-101 has not prepared nor verified the historical information.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43647

Drone Delivery Canada Corp. Announces Closing of Bought-Deal Financing for Aggregate Gross Proceeds of $10,020,000

Toronto, Ontario–(Newsfile Corp. – March 25, 2019) – Further to its press releases dated March 6, 2019, Drone Delivery Canada Corp. (TSXV: FLT) (OTCQB: TAKOF) (the “Company”) is pleased to announce today that it has closed its previously announced bought-deal prospectus offering (the “Offering”) underwritten by GMP Securities L.P., Canaccord Genuity Corp. and Echelon Wealth Partners Inc. (collectively, the “Underwriters”), pursuant to which the Company issued an aggregate of 8,350,000 units (the “Units”) of the Company, at the purchase price of $1.20 per Unit (the “Issue Price”), for aggregate gross proceeds of $10,020,000. Each Unit consists of one common share in the capital of the Company (each a “Share”) and one-half of one Share purchase warrant of the Company (each whole such warrant a “Warrant”). Each Warrant entitles the holder to purchase one Share at a price of $1.50 until March 25, 2021. If the volume weighted average price of the Shares on the TSX Venture Exchange (the “TSXV”) is equal to or greater than $2.00 for a period of 10 consecutive trading days, then the Company may within ten business days accelerate the expiry date of the Warrants to the date that is 30 days following the date on which the Company issues notice to all the Warrant holders of the new expiry date. The Company will also issue a press release on the same date as it issues notice confirming the new expiry date of the Warrants. The TSXV has conditionally approved the listing of the Warrants, subject to standard listing conditions. The Warrants are expected to commence trading on or about March 28, 2019.

The Units were offered by way of a short form prospectus filed in all provinces of Canada. The Company intends to use the net proceeds from the Offering to expand its commercial operations plan in Canada and potentially internationally by introducing larger, heavier-lifting drones to its fleet. Management and consultants of the Company invested an aggregate of $1,260,000 pursuant to the Offering.

The Company has granted the Underwriters an over-allotment option to purchase up to an additional 1,252,500 Units at the Offering Price, exercisable in whole or in part, at any time on or prior to April 24, 2019. The Underwriters were paid a cash commission equal to 6% of the gross proceeds raised, and were issued an aggregate of 250,500 compensation option (“Compensation Options”), each Compensation Option entitling the holder to one Unit at the Issue Price until March 25, 2021.

The securities issued pursuant to the Offering 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 in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

About Drone Delivery Canada Corp.

Drone Delivery Canada Corp. is a drone technology company focused on the design, development and implementation of its proprietary logistics software platform utilizing drones. The Company’s platform will be used as Software as a Service (SaaS) for government and corporate organizations.

Tony Di Benedetto, Chief Executive Officer, Drone Delivery Canada Corp.
Email: tony@dronedeliverycanada.com

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

Notice Regarding Forward Looking Information

Certain information set forth in this news release may contain forward-looking information that involves substantial known and unknown risks and uncertainties, including the use of proceeds of the Offering. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions, and dependence upon regulatory approvals (both in Canada and internationally). Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward looking information. The parties undertake no obligation to update forward-looking information except as otherwise may be required by applicable securities law.

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43648

Blackhawk Provides Investment Update

Calgary, Alberta–(Newsfile Corp. – March 25, 2019) – Blackhawk Resource Corp. (CSE: BLR) (“Blackhawk” or the “Corporation“) is pleased to provide an update on its investment portfolio companies.

As at December 31, 2018 Blackhawk held $5,080,550 in investments and had a NAV per share of approximately $0.12. Blackhawk holds significant interest in two private companies, UMG Media Corp. and Noble Line Inc.

Blackhawk holds approximately 20% interest in UMG Media Corp. (“UMG”) with a fair value of $4,795,500.

UMG, a BC incorporated company, is a premier eSports company in North America, offering gaming entertainment, live events and online play. UMG entered the eSports industry in 2016 with the acquisition of UMG Events LLC (“UMG Events“) which was founded in 2012 and is actively involved in many aspects of the eSports industry. UMG is deeply ingrained in the gaming community and very well-established within the competitive gaming sector with approximately 2.1 million registered users and over 18 million matches played live and online through its platform. Readers can learn more about UMG and its eSports offerings at www.umggaming.com.

UMG is a diversified eSports company that has operations involved in

• Live Tournaments
• Online Contests
• Casino Esports Operations
• Creation and Distribution of Original Content
• Esports Tournament Operations through its proprietary tournament management app

Blackhawk’s cost base on the UMG shares purchased is $1,358,000. UMG has recently announced a binding transaction with Gegs Capital Corp. (“UMG/Gegs Transaction”) whereby UMG will complete a reverse takeover transaction with the resulting issuer being renamed UMG Media Ltd. The transaction has a deemed value of $27,500,000 for all of the shares or UMG.

This corresponds to a value of approximately $5,500,000 for the shares that Blackhawk holds of UMG. On a per share basis of Blackhawk that equates to approximately $0.13 per Blackhawk share. Blackhawk intends to distribute the resulting issuer shares of the UMG/Gegs transaction to each shareholder of Blackhawk on a proportionate basis. This would equate to approximately 0.7 of a UMG/Gegs share for each Blackhawk share that is held at the record date. Blackhawk will provide a further update as the UMG/Gegs transaction progresses.

Blackhawk recently acquired approximately 13.4% of a private hemp/CBD company, Noble Line Inc. (“Noble Hemp”). Noble Hemp was formed in 2017 with a direct interest in the CBD/Hemp industry in the United States to promote and sell products in the health and wellness sector.

Noble Hemp has developed an on-line store www.noblehemp.com with an array of CBD/Hemp consumable and topical products. All products have no THC and are non-intoxicating.

Manufacturing and fulfilment operations are based out of Colorado and Noble Hemp currently sells product to all 50 US states. All current Noble Hemp products are made certified organic, are gluten free and contain no GMOs.

Noble Hemp has recently launched both a direct mail campaign in the US as well as a significant on-line marketing campaign involving both a well-established on-line pharmaceutical reseller as well as a number of dedicated stores on Amazon.

Blackhawk is excited to give its shareholder base, through the investments in the eSports industry and Hemp/CBD industry indirect benefit from two of the fastest growing industries in North America.

Additional information is available on our website at www.blackhawkcorp.ca.

For further information please contact:

Dave Antony, CEO
(403) 531-1710
dantony@blackhawkcorp.ca

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.

NON-GAAP OR NON IFRS FINANCIAL MEASURES

This press release includes references to “net asset value per share (“NAV per share”),” a financial measure that does not have a standardized meaning prescribed by generally accepted accounting principles (GAAP) or International IFRS. NAV per share is calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date. Investors are cautioned that this non-GAAP measure should not be construed as an alternative to the measurement calculated in accordance with IFRS as, given its non-standardized meaning; it is unlikely to be comparable to similar measures presented by other issuers.

Forward-Looking Statements

This news release contains forward-looking statements as defined under applicable securities laws. Statements other than statements of historical fact contained in this news release may be forward-looking statements under applicable securities legislation, including, without limitation, management’s expectations. Many of these statements can be identified by looking for words such as “believe”, “expects”, “will”, “intends”, “projects”, “anticipates”, “estimates”, “continues” or similar words or the negative thereof. To the extent any forward-looking statements herein constitute a financial outlook, including, without limitation, the estimated effect on the Corporation’s revenues, they were approved by management as of the date hereof and have been included to assist readers in understanding management’s current expectations regarding the Corporation’s financial performance and are subject to the same risks and assumptions disclosed herein. There can be no assurance that the plans, intentions or expectations upon which these forward-looking statements are based will occur.

Statements containing forward-looking information by their nature involve numerous assumptions and significant known and unknown facts and uncertainties of both a general and a specific nature.

The forward-looking statements contained herein are subject to numerous known and unknown risks that may cause actual results to vary from those set forth in the forward-looking statements, including, but not limited to risks associated with: general economic conditions and changes in the financial markets; risks associated with investment Corporation businesses; a material change in the operations of an investment Corporation or the industries in which they operate; and key assumptions.

As forward-looking statements are subject to risks, uncertainties and assumptions and should not be read as guarantees or assurances of future performance. Accordingly, readers are cautioned not to place undue reliance on any forward-looking information contained in this news release as a number of factors could cause actual future results, conditions, actions or events to differ materially from the targets, expectations, estimates or intentions expressed in the forward-looking statements. Statements containing forward-looking information reflect management’s current beliefs and assumptions based on information in its possession on the date of this news release. Although management believes that the assumptions reflected in the forward-looking statements contained herein are reasonable, there can be no assurance that such expectations will prove to be correct.

The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this news release are made as of the date of this news release and the Corporation does not undertake or assume any obligation to update or revise such statements to reflect new events or circumstances except as expressly required by applicable securities legislation.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43610

Wildflower Brands Inc. Featured in CannabisNewsAudio Publication

New York, New York–(Newsfile Corp. – March 25, 2019) – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) announces the availability of a CannabisNewsAudio Publication titled, “CBD Industry Soars in Wake of Farm Bill; Massive Growth Projected to Continue.”

To hear the CannabisNewsAudio version, visit: http://cnw.fm/Wn9uB

To read the full editorial, visit: http://cnw.fm/iN1wF

The results for producers have been staggering. Wildflower saw its online sales grow by more than 300 percent in just nine months in 2018. In response, the company opened its first New York retail store, a sure sign of a product’s popularity in an age when so many companies are shedding their brick-and-mortar presence.

Companies producing and selling CBD products are springing up across North America, Europe and beyond. Demand is growing, especially among millennials. That’s bolstering the impressive sales of companies such as Wildflower and putting pressure on politicians to further liberalize the laws around hemp.

About Wildflower Brands

Wildflower Brands is a company headquartered in Vancouver building reputable brands and quality products that incorporate the synergistic effects of plants and their extracts. For more information, visit the company’s website at www.WildflowerBrands.co

About CannabisNewsWire (CNW)

CannabisNewsWire (“CNW”) is a specialized information service that (1) aggregates cannabis news, (2) provides CannabisNewsBreaks that quickly updates investors in the space, (3) enhances corporate press releases, (4) helps companies with distribution and optimization of social media, and (5) delivers comprehensive corporate communication solutions. CNW is uniquely positioned in the cannabis market with a strong team of journalists and writers who can help private and public companies reach a wide audience of investors, consumers, journalists and the general public through our ever-growing dissemination network of more than 5,000 key syndication outlets. CNW is bringing unparalleled visibility, recognition and content to the cannabis industry.

For more information please visit https://www.CannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.

Corporate Communications:
CannabisNewsWire (CNW) 
Denver, Colorado 
www.CannabisNewsWire.com 
303.498.7722 Office 
Editor@CannabisNewsWire.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43642

Mundoro Announces Successfully Completing the Third Year Exploration Program on the JOGMEC-Mundoro JV Project in Timok, Serbia

Vancouver, British Columbia–(Newsfile Corp. – March 25, 2019) – Mundoro Capital Inc. (TSXV: MUN) (www.mundoro.com) (“Mundoro” or the “Company“) is pleased to announce completion of the third year exploration program with Japan Oil, Gas and Metals National Corporation (“JOGMEC“), on the Borsko Jezero license (“Borsko“) located within the Timok Magmatic Complex (“Timok“) in eastern Serbia. This exploration program is the third year of the Phase I earn-in with JOGMEC, which included primarily: (i) 57.6 line kilometers of Induced Polarization (“IP”) geophysics, (ii) a gravity survey over 6 sqkm and (iii) target testing drilling of 9,090 meters over 9 drill holes in Borsko.

Teo Dechev, CEO & President of Mundoro commented, “Mundoro’s exploration portfolio of targets, projects and partners is designed such that the success of the company is driven by the proven earn-in partner funding model to test targets and advance exploration of projects. The Company continues to have discussions with interested third parties seeking options on our available projects, confirming the growing interest in exploring the Tethyan Belt in Timok, Serbia as well as Bulgaria.”

JOGMEC-Mundoro Exploration Program at Borsko

Borsko is one of the four licenses being sole funded by JOGMEC as part of the earn-in agreement entered into in 2016. Borsko is located directly west of the Bor copper porphyry underground mine and the Veliki Krivelj copper-gold porphyry open-pit mine, all located in the central portion of Timok. Timok is one of the most prolific metallogenic domains in the Tethyan Belt with deposits such as the Cukaru-Peki copper-gold deposit and the Bor copper porphyry underground mine and the Veliki Krivelj copper-gold porphyry open-pit mine (Figure 1: Borsko Location Map).

Teo Dechev, CEO & President of Mundoro commented, “Mundoro’s management and exploration team continue to see compelling reasons for exploring the Borsko license, located in the center of Timok. Under the terms of the earn-in agreement, JOGMEC was required to spend US$4 million in Phase I while to date, JOGMEC has spent approximately US$5.09 million. JOGMEC will render a decision on whether to proceed to Phase II of the earn-in agreement in May 2019. Thereafter it will be determined final ownership percentage and how the Borsko exploration program will be advanced. Of main interest in the Borsko license is Target 1 which requires further drilling in order to test for: (i) continued lateral extent of the lithocap for high sulphidation style mineralization in the upper portion of the lithocap and (ii) a possible porphyry system responsible for the alteration and mineralization identified.”

Highlights of the Borsko Exploration Program

  • There is an overall continuous geophysical CSAMT anomaly for at least 1.6 km in areal extent (Figure 2: 3D Alteration Model) which has been partially tested. Drilling to date has identified that this CSAMT anomaly appears to be related and delineates the advanced argillic alteration (“lithocap“) under cover. The drill tested hydrothermal alteration system extends 400 m by 800 m with a thickness 500+ meters.
  • The alteration remains open primarily towards the north, west and south. Such alteration systems are host environments of the Bor and Cukaru-Peki high sulphidation Cu-Au deposits in the Timok region.
  • The lithocap contains elevated copper-gold-arsenic values which are indicative of high sulphidation style mineralization. Drill holes drilled into Target 1 intersected epithermal gold-silver mineralisation of:
    • 1.04 g/t Au and 6.9 g/t Ag over 15 m in 17-BJ-11 (1.15 g/t AuEq) and
    • 0.77 g/t Au and 1.9 g/t Ag over 31.2 m in 17-BJ-12 (0.85 g/t AuEq)
  • At the bottom of the lithocap, weak potassic alteration was identified which suggests potential for porphyry style mineralization may be present beyond the immediate area drill tested to date.

Target 1 Analysis

Target 1 was discovered as a result of the 2017 drilling program, which was focused on testing targets defined by structural and geophysical interpretations. The first hole in this program, BJ-06, discovered advanced argillic alteration system hosted in andesite beneath 550 m of volcanic cover at Target 1. Target 1 is identified as an undercover lithocap which can be indicative of, and has the potential to host: (i) high sulphidation copper-gold mineralization and (ii) porphyry copper-gold mineralization. The lithocap has the following features:

  • The uppermost 500 m – 800 m of Target 1 area is a weakly altered volcanic unit. At the bottom of this volcanic unit the transition zone appears with trace pyrite in chlorite-smectite and partially overprinted by kaolinite.
  • It is in the top of the lithocap where marked concentrations of anomalous metal values occur suggesting that this is the likely location of high sulphidation mineralisation as exampled by Bor and Cukaru-Peki deposits which are located in this central region of Timok.
  • The lithocap is approximately 400 m – 600+ m thickness of pervasive quartz-kaolinite-dickite alteration containing medium to strong semi-massive pyrite. Pyrophyllite and alunite are also present together with small bodies of vuggy residual quartz. These alteration assemblages confirm typical acid environment which host high sulphidation mineralization.
  • In the deepest holes at ~1,200 m, the advanced argillic alteration transitions abruptly downwards to chlorite-bearing andesite, interspersed with patches containing remnant biotite of hydrothermal origin and minor epidote. This may be considered as weakly developed potassic alteration, suggesting that the porphyry intrusion that supplied the magmatic fluid for this alteration lies beyond the immediate area drill tested to date.
  • Copper and gold values are elevated in many parts of the advanced argillic zones and the underlying chlorite-biotite zones. Elevated copper values are either present as energite (e.g. 17-BJ-07, 1033 m) or fine sulphides, but in the chlorite-biotite zone as chalcopyrite (e.g. 17-BJ-07, appears from 1250 m and 19-BJ-20 at 890 m).

The drill core observations, aided by spectral alteration mapping, were able to identify vertically and laterally zoned alteration to be used as a vector towards mineralised “hot spots” of the hydrothermal system (Figure 2). Based on the vertical and lateral zonation of the lithocap, the system remains open in the following directions:

  • There is an overall a continuous geophysical CSAMT anomaly for at least 1.6 km in areal extent which has been partially tested. Drilling to date has identified that this CSAMT anomaly appears to be related and delineates the lithocap under cover.
  • In the northwestern direction, drill hole 18-BJ-18 intersected advanced argillic alteration which is characterised and dominated by fine-grained silicification with strong disseminated pyrite and minor kaolinite.
  • Towards the northeast, as indicated in hole 19-BJ-20, the advanced argillic alteration abruptly transitions to quartz-magnetite-biotite (weak potassic) alteration at 859 m containing trace chalcopyrite and a quartz-molybdenite vein.
  • Westwards and Southwards, the alteration package remains open as the drill hole depths of holes BJ-09 (to the west) and BJ-10 (to the south) were unable to conclude if the alteration extends in these directions and as such, follow up deeper drilling is required to test for extension of the lithocap in these two directions.
  • Eastwards, the advanced argillic alteration zone, appears to weaken to chlorite-smectite with pyrite as observed in 18-BJ-13.
  • At depth, transition to weak potassic alteration containing weak quartz veining with trace chalcopyrite suggests potential for porphyry style mineralization in the vicinity.

Other Targets Tested in the JOGMEC Exploration Program

Approximately 2,000 meters to the south of Target 1, the South Target was tested which identified a heavily faulted zone of pyrite-bearing chlorite-smectite-kaolinite alteration for an interval of 184 m in drill hole 18-BJ-19, indicating a possible periphery of another Borsko-type lithocap.

Located approximately 2,000 m to the north-northeast of Target 1, Target 5 was tested with three drill holes 18-BJ-14, 18-BJ-15 and 18-BJ-17 to test the west-northwest fault that runs through the area of Target 5 and appears to also be cutting through the vicinity of the Bor mine 4 km to the east. Trace of chalcocite and remnant of covellite and chalcopyrite mineralisation, as well as disseminated native copper were observed within the hornblende-feldspar andesite.

For further description of the Borkso geology see Mundoro’s press release dated December 18, 2017 at www.mundoro.com.

Drilling, Sampling, Analysis and Quality Assurance and Control

The drilling technique was triple tubed diamond drilling from surface for PQ and HQ, while for NQ was double tubed. The drill holes were generally cased from surface progressing from PQ to HQ at 380m on average, however exact depths vary from hole to hole. Drill hole orientations were surveyed at approximately 30 meters intervals. Drill core was oriented using the Reflex EZ-Trac and Devico Pee Wee tools, the bottom of the core was marked by the drillers and this was used for marking the whole drill core with reference lines. Company personnel monitored the drilling, with drill core delivered daily to the Company’s core storage facility where it was logged, cut and sampled.

Core recovery was measured and recorded continuously from the top to the end of the hole for every drill hole. Each run of 3m length was marked by plastic core block which provided the depth drilled. Core recovery is recorded as 99.4-100% in most intervals.

The drill core was sawn into two along drill core orientation line using a core-cutter and left half looking downhole was collected in bag and submitted for analysis, the other half is kept in tray and stored. Samples were collected at one or two-meter lengths from mineralised intervals and every fifteen meters one sample of two-meter lengths from non-mineralised intervals with brakes for major geological changes. The samples were submitted to SGS managed laboratory in Bor, Serbia for sample preparation and analysis. Drill core samples are assayed using 50-grams charge for fire assay with atomic absorption finish and multi-element method 4 acid digestion ICP-AES package IMS40B.

In addition to the laboratory’s internal QA/QC procedures, the Company conducted its own QA/QC with the systematic inclusion of certified reference materials every 20 samples, blank samples every 20 samples and field duplicates at every 25 samples.

Qualified Person

Technical information contained in this Press Release has been reviewed and approved by Mr. G. Magaranov, P. Geo., Qualified Person as defined by National Instrument 43-101.

On behalf of the Company,
Teo Dechev, Chief Executive Officer, President and Director

About Mundoro Capital Inc.

Mundoro is a Canadian mineral exploration and development public company focused on building value for its shareholders through directly investing in mineral projects that have the ability to generate future returns for shareholders. The Company holds a portfolio of projects in Serbia and Bulgaria as well as an investment in a producing gold mine in Bulgaria. There are eight licenses in Serbia, four of which are optioned to JOGMEC, two licenses are optioned to Freeport-McMoRan Exploration Corporation and two licenses are available for joint venture. In Bulgaria, Mundoro has formed a Generative Alliance with JOGMEC. Mundoro’s common shares trade on the TSX Venture Exchange under the symbol “MUN”.

For further information please contact:
Teo Dechev, CEO, President and Director of Mundoro Capital Inc. at +1-604-669-8055

Caution Concerning Forward-Looking Statements

This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe” or “continue” or similar words or the negative thereof, and include the following: completion of the earn-in expenditures and options by JOGMEC; and completion of a definitive joint venture agreement by the parties. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the mineral potential of the Timok North Properties, the Company’s future strategy and business plan and execution of the Company’s existing plans. We caution readers of this News Release not to place undue reliance on forward looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro’s assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company’s filings with the Canadian securities regulators available on www.sedar.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.

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Figure 1: Borsko Drill Hole Location Map

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Figure 2: 3D Alteration Model

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