Raddison Mining {TSX.V: RDS} completed a deal with Galway Metals {TSX.V GVM} to sell their 100% interest in 14 unpatented minerals claims located in the northern Abitibi, in exchange for shares and options.

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Galway Metals, Radisson Mining property agreement

2018-02-09 14:23 ET – Property Agreement

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The TSX Venture Exchange has accepted for filing documentation pertaining to a letter agreement dated Jan. 31, 2018, between Galway Metals Inc. and Radisson Mining Resources Inc. (the vendor), whereby the company has agreed to acquire a 100-per-cent interest in 14 unpatented mineral claims, located in the northern Abitibi of western Quebec, Canada.

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Under the terms of the agreement, the company will issue 150,000 common shares and 75,000 common share purchase warrants to the vendor as consideration. Each warrant is exercisable into one common share at 50 cents for a two-year period.

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For further details, please refer to the company’s news release dated Feb. 5, 2018.

Bitcoin $BTC has steadied after the recent volatility and 60% fall in price, currently trading at around $8,100.

DavorCoin, an exchange based in the USA that borrowed money from investors and paid interest in ‘davorCoins’ has just announced that clients’ money had gone and accounts have been marked down to zero.

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Bitcoin $BTC has steadied after the recent volatility and 60% fall in price, currently trading at around $8,100.

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Other cryptos have also steadied and appear to be base building, although they have fallen around 4% across the board at the time of writing. Ripple has increased around 50% since the recent nadir at around 68c, and is now trading around $1.02.

DavorCoin, an exchange based in the USA that borrowed money from investors and paid interest in ‘davorCoins’ has just announced that clients’ money had gone and accounts have been marked down to zero.

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Sadly another example of investors losing money, in what appears to be a crypto scam.This sort of incident only serves to shake confidence in the crypto industry as a whole, but with so much money being thrown at ICO’s and crypto tokens, one doubts this will be the final such occurrence.

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Neometals {ASX: NMT} The Western Australia based lithium and titanium production and development company with a tech division, is the subject of a new research report published by London based Arlington Asset Management.

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Arlington Asset Management publish a comprehensive research note on Neometals.

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Neometals {ASX: NMT} The Western Australia based lithium and titanium production and development company with a tech division, is the subject of a new research report published by London based Arlington Asset Management.

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To access the report, please click HERE

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Canuc Resources Corporation  {TSX-V: CDA} announced the  initial results from a recently completed surface rock sampling program conducted at the Carranza and Lydia zones, on the Company’s San Javier project, Sonora, Mexico.

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Canuc Reports 10 Metres of 210 g/t Silver & 5.0 g/t Gold at Carranza and Lydia zones

Kootenay Silver {TSX.V: KTN} Have released news from three of their current drill programs.

Results are from La Cigarra, La Negra, and Cervantes, all located in Mexico.

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Kootenay release 3 sets of drill results from their Mexican properties

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Kootenay Silver {TSX.V: KTN} Have released news from three of their current drill programs.

Results are from La Cigarra, La Negra, and Cervantes, all located in Mexico.

The full details can be accessed via the links below.

To read the drill results for Cervantes, Sonora, Mexico, please click HERE

To read the drill results for La Negra, Mexico, please click HERE

To read the drill results for La Cigarra, Mexico, please click HERE

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Neometals {ASX: NMT} have featured in a documentary report on the Australian TV channel ABC News.

The topic is the recycling of battery components to avoid excessive pollution problems as EV’s become more mainstream.

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Neometals {ASX: NMT} have featured in a documentary report on the Australian TV channel ABC News.

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The topic is the recycling of battery components to avoid excessive pollution problems as EV’s become more mainstream.

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To read the article in full, please click HERE

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Strongbow Exploration {TSX.V: SBW} have issued a correction following their recent announcement of a deal with Osisko Gold Royalties.

Strongbow have stated the bulletin should not have been issued as the transaction had not completed at the time. The deal has now changed slightly from the original.

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Strongbow Exploration, Osisko Gold agreement

2018-02-05 18:15 ET – Correction

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The TSX Venture Exchange bulletin dated Nov. 7, 2017, should not have been issued as the company had not closed the transaction with Osisko Gold Royalties Ltd. described in the original bulletin. The exchange has now been informed that the disinterested shareholders of the company approved the transaction at a special meeting held on Jan. 15, 2018, and the company has closed the transaction. The terms of the transaction have substantially remained the same as described in the original bulletin except that the secured convertible note issued to Osisko will now be convertible at Osisko’s option into a 1.5-per-cent net smelter return royalty on all metals and minerals produced from Strongbow’s South Crofty tin project in Cornwall in the United Kingdom.

Osisko owns 30.61 per cent of the company.

Bitcoin $BTC is up 22% currently, as the main crypto currencies are making a strong rebound following several days of precipitous falls.

NEM, the  victim of a recent £250 million heist at an exchange in Japan, is up 50% today thus far, the best performance in the top 20 cryptos by market cap.

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Bitcoin $BTC is up 22% currently, as the main crypto currencies are making a strong rebound following several days of precipitous falls.

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NEM, the  victim of a recent £250 million heist at an exchange in Japan, is up 50% today thus far, the best performance in the top 20 cryptos by market cap.

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It will be interesting to see whether this recent fall, where Bitcoin lost around 66% of its value since the December 17th all time high, has shaken the confidence of investors that up until the recent fall, were all convinced it could never fall, due to the 21 million coin limit,  and was destined to reach the sky in value.

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Bitcoin has just proven that it too is subject to the normal greed and fear rules of investment, it is not exempt. Hopefully this will lead to a more pragamatic approach by investors who are/were being attracted into some poor quality ICO’s on the premise that it’s the ‘next Bitcoin’.

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Smartcool Systems Inc. {TSX.V:  SSC} is pleased to announce that the company has successfully completed an installation at Sandford Springs Golf Club & Hotel. in Kingsclere, Reading, U.K. 

An energy reduction of 31% has been initially recorded and will provide significant financial and environmental benefits.

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Smartcool /Anesco Energy Joint Venture Saves 31% At Sandford Springs Golf Club & Hotel for The Leaderboard Group 

Golf Club installation provides a 31% Energy reduction, delivering significant Financial and Environmental Benefits

Smartcool Systems Inc. {TSX.V:  SSC} is pleased to announce that the company has successfully completed an installation at Sandford Springs Golf Club & Hotel. in Kingsclere, Reading, U.K. 

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An energy reduction of 31% has been initially recorded and will provide significant financial and environmental benefits. An impressive return on investment was achieved.

The Smartcool technology will now be installed on further Leaderboard sites, The Oxfordshire and Dale Hill golf resorts are due to be completed within the next few weeks.

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The Smartcool technology was applied to a number of Mitsubishi Heat Pumps along with various other A/C units. Independent measurement of energy savings is being carried out by using Panoramic Power energy sub-monitoring in accordance with IPMVP (International Performance Measurement Verification Protocol).

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Nick Weedon, Smartcool’s National Sales Manager responsible for the Anesco and Leaderboard account said, “ This install is another successful project designed and executed by the Smartcool UK team. The site was quick to install and has delivered instant savings that have already surpassed expectations. This further broadens the base of Smartcool installations bringing both financial and environmental benefits. Working with Tom Moran and his management team was a win-win experience accomplishing multiple goals for their enterprise. I look forward to working with Tom on subsequent sites and projects within his group.”

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Scandium International Mining Corp {TSE: SCY} signed an LOI with  Gränges AB of Stockholm, and director Barry T. Davies acquired 223,000 shares of the company’s stock in a transaction dated Wednesday, January 31st.

The stock was bought at an average cost of C$0.17 per share, for a total transaction of C$37,910.00, or £21,000.

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Comment

Always good to see a director putting his hand in his own pocket and buying in the market. Looking at the chart I wonder whether it’s because it’s at an 18 month low, and he’s showing support, or simply that he feels now is the nadir and it’s a good time to buy?

Sadly the shareprice, which has halved over the past year, continues to decline, a reflection perhaps of the lack of interest and awareness of scandium, rather than criticism of the company itself.

All they can do is continue to move forward and sign deals and hope the market responds accordingly.

Two news releases follow

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Reno, Nevada – Scandium International Mining Corp. {TSX: SCY} is pleased to announce that it has signed a Letter of Intent (“LOI”) with Gränges AB (“Gränges”), based in Stockholm, Sweden.

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Gränges is a public company, traded on the NASDAQ Stockholm Stock Exchange, and is a large global player in the rolled aluminum products business, with production assets in Europe, USA, and China, and a worldwide customer base.

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The LOI calls for the Scandium International to contribute various aluminium alloy samples containing scandium to a testing project, to be undertaken by Gränges research staff, specifically for heat-exchanger applications, and potentially for other applications. The Company will also contribute aluminium-scandium master alloy 2% , for alloying and trial-testing with Gränges proprietary aluminium alloys. This alloy mixing and testing will also be conducted by Gränges, at their R&D facilities and by their research staff. The parties have agreed to report the parameters and general results of the testing program utilising these scandium-containing alloys, upon completion of testing.

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LOI AGREEMENT HIGHLIGHTS:

• LOI defines alloy and MA contributions to Gränges’ testing programs,
• Gränges agrees to test alloy and utilize MA in their research facilities to document observed scandium impacts on alloys used in their products,
• Research results are to be reported and understood, possibly publicly disclosed, depending on intellectual property discovery,
• Gränges is a recognized leader in rolled aluminum products, specifically heat exchanger products, servicing a large global customer base, and
• Successful research results may form a basis for future use of scandium by Gränges.

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This demonstration program with Gränges represents the third formal LOI announced this month by SCY with distinct industry segment leaders. The programs these LOIs represent are key to demonstrating precisely how scandium will perform in specific products, and in production-specific environments. Potential scandium customers insist on these sample-testing opportunities, directly in their research facilities or on their shop floor, to ensure their full understanding of the impacts, benefits, and costing implications of introducing scandium into their traditional aluminum feedstocks.

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DISCUSSION:

Gränges is one of the few global players in the rolled aluminum products category, with production, sales and customer-driven product development on three continents. The company is focused on advanced aluminum materials, and holds a leading global position in rolled products for brazed heat exchangers, which it estimates at 20%. The brazed heat exchanger market has traditionally been centered in automotive applications, but is now increasingly being applied to stationary heat exchanger (HVAC) solutions as well. Gränges’ focus on technology, manufacturing processes, and material properties has produced smaller, lighter and better designed heat exchangers, successfully creating products that deliver both better energy efficiency and improved environmental impacts to the marketplace.

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In 2016, Gränges acquired the downstream rolling mill assets of Noranda Aluminum Holding Corp., centered in Franklin, Tennessee, renamed Gränges Americas. This acquisition resulted in considerable changes to Gränges’ customer structure and markets, and expanded their product offering into automotive heat shields, transformer windings and semirigid containers. The company uses approximately 340,000 tonnes of aluminum alloy in its global product offerings annually, has 1,600 employees and global sales (2016) of over 10 billion SEK (US$1.3 billion). More than half of Gränges sales are now in the USA.

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For more on Gränges AB, please visit their website at: www.Granges.com

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The Gränges organiaation and specifically the R&D Center in Finspång, Sweden is ideally qualified to test the effects of scandium on advanced 3 Series brazing alloys, typically employed in the manufacture of heat exchangers of all types and applications. We believe, based on test work already conducted by SCY, that this program holds the potential to demonstrate the significant value of scandium additions in heat exchanger applications, and potentially other applications for aluminum alloys.

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These LOI announcements are part of a product and market development strategy by the Company to pick innovative, research-capable partners, willing to test scandium in their applications. We are selecting and approaching these specific partners because we have an understanding, from our commissioned alloy mixing programs, that scandium additions can make valuable contributions to their specific products, and we have the alloy samples to make a fast start on that validation. The scandium market for aluminum alloys needs to be built, and that construction should be seen as underway in the most direct sense. The Company plans to do more of these programs, application-specific, in pursuit of sales contracts with quality customers across numerous industry segments, predominantly existing aluminum alloy consumers.

Director Purchase News Release

Scandium International Mining Corp {TSX: SCY} Director Barry T. Davies acquired 223,000 shares of the company’s stock in a transaction dated Wednesday, January 31st.

He purchased the stock at an average cost of C$0.17 per share, for a total transaction of C$37,910.00, or £21.000.

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Bitcoin $BTC continues to plummet after another bad day in the crypro currency world, down some 16.24% in the last day to to $6,469 currently.

This precipitous fall form $20,000 on the 17th December must be causing some real pain for margin traders, located mainly in China. Vast swathes of paper wealth have been blown away since the top.

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Bitcoin $BTC continues to plummet after another bad day in the crypro currency world, down some 16.24% in the last day to to $6,469 currently.

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This precipitous fall form $20,000 on the 17th December must be causing some real pain for margin traders, located mainly in China. Vast swathes of paper wealth have been blown away since the top, which occurred, coincidentally, the day before the CME Futures Contract commenced on December 18th!

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I warned at the time that there was a danger they had given Wall St. control of what had been, until then, a truly decentralised currency outside the control of any government agency  or financial regulator. Based on what has occurred since, price wise, you have to ask the question was the ‘regulating’ of Bitcoin a good idea, or a very bad one that has handed control over to those that control all other financial reins?

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Smartcool Systems INC {TSX.V: SSC} to focus on cryptocurrency, blockchain, and cannabis growers due to their high usage of electricity..

Given the successful installation and proven energy savings at SSE’s data centre located in Hampshire, United Kingdom, Smartcool  is now focusing on cryptocurrencies, blockchain applications and cannabis growers in North America.

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2018-01-31 07:19 ET – News Release

Mr. Ted Konyi reports

SMARTCOOL’S PROVEN TECHNOLOGIES LOWERS ENERGY CONSUMPTION AND COSTS FOR CRYPTOCURRENCY, BLOCKCHAIN & CANNABIS GROWERS

Smartcool Systems INC {TSX.V: SSC} to focus on cryptocurrency, blockchain, and cannabis growers due to their high usage of electricity.

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Given the successful installation and proven energy savings at SSE’s data centre located in Hampshire, United Kingdom, Smartcool Systems Inc. is now focusing on cryptocurrencies, blockchain applications and cannabis growers in North America.

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The use of blockchain for cryptocurrencies and other applications has created a tremendous surge in computing requirements. The two primary elements of energy consumption for data processors is the energy to run the servers/computers and HVAC (heating, ventilation and air conditioning) systems to keep them from overheating. Cooling is estimated to represent about 40 per cent of the total energy costs associated with running the facility.

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Nomura (an Asia-headquartered global investment bank) noted that power used to mine bitcoin is estimated at 33.2 terawatt-hours. According to the index, the amount of energy consumed by mining bitcoin surged about 26 per cent in November alone, and now totals nearly 36 terawatt-hours, enough energy to power about 3.3 million homes.

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The website Digiconomist claims that bitcoin operations use as much energy as Denmark, or enough to power 3,071,823 United States households.

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Ted Konyi, chief executive officer, said: “It has become clear that blockchain is being successfully used to enhance security, with the first application being cryptocurrency. The use of blockchain requires a tremendous amount of computational power driving electrical consumption. Smartcool can significantly affect the energy consumption for keeping the computers cool. As such, it can benefit the consumers financially and improve their environmental footprint. The cannabis industry is also booming, and again Smartcool can provide a significant impact. Cooling represents a very large portion of overall costs given the heat that grow lights generate. Smartcool’s technology has proven to reduce A/C (air conditioning) costs and could reduce growers’ energy costs and carbon footprint.”

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Cannabis growing might look and smell natural, but its ecological footprint is anything but green. Pot growing is very power hungry. The cannabis industry is one of the nation’s most energy intensive, often demanding 24-hour indoor lighting rigs, heating, ventilation and air-conditioning systems at multiplying grow sites. HVAC averages between 30 per cent and 50 per cent of total energy costs, depending on seasonal temperatures.

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A 2015 U.S. report stated that cannabis was the fastest-growing industry in the United States. The industry in the United States is expected to grow from $2-billion in 2014 to as much as $10-billion in 2018, depending on legalisation outcomes.

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On July 1, 2018, Canada is set to become the second country to legalize adult-use of marijuana with Bill C-45. As of December, 2017, there are 79 licensed marijuana producers in Canada with most concentrated in Ontario and British Columbia. According to Deloitte, the base retail market is valued at $4.9-billion to $8.7-billion annually.

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About Smartcool Systems Inc.

Smartcool provides cutting-edge energy efficient and energy cost-reduction solutions for businesses around the world. The ECO3 and ESM are Smartcool’s unique retrofit technologies that reduce the energy consumption of compressors in air conditioning, refrigeration and heat pump systems by up to 40 per cent, giving a return on investment in as little as 12 months.

We seek Safe Harbor.

Bitcoin $BTC is suffering another very bad day, now trading at $7,163 as this is written, for a 15.25% fall in the last 24 hours.

Many crypto currencies have suffered far worse falls, and the current average fall of those in the crypto top 20 today is now around 20%.

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The bitcoin fall may cause leveraged investors problems.

Bitcoin $BTC is suffering another very bad day, now trading at $7,163 as this is written, for a 15.25% fall in the last 24 hours.

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Many crypto currencies have suffered far worse falls, and the current average of the crypto top 20 is around 20%.

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Lloyds Bank, in the UK  became the third bank today to ban the purchase of Bitcoin and crypto with credit cards, following on from Bank Of American and JPM in the states last Friday. Whist this move initially looks prudent, I’m not sure if its ethical to dictate to people what they can do with their money!  For example, if they spend it on an expensive holiday it’s OK, but there’s nothing tangible left of that  money at the end of it, but spend it on on Bitcoin, which may well increase in value, and it’s not OK?  Hmmmm?

But I digress.

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I think we are seeing the result of a combination of the bubble popping, countries finally getting to grips with crypto and introducing regulations, the influence of the CME Futures Contract, and maybe some leveraged players now being margined out, forcing yet more selling.

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At this point, if people have purchased with credit cards, it will not show up as they will ultimately have to deal with their repayments in the future, but what could be showing up now are leveraged players in China and Korea being margined out, and forced selling, which then drags it down even further, in a death spiral.

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It will be interesting to see where the selling stops, as usual, people could only perceive an inexorable rise, with no possibility of a fall back.  Now sadly  the reality has arrived.

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Kootenay Silver Inc. {TSX.V: KTN} reported that Aztec Minerals Corp. {TSX.V: AZT} today announced the first five of 15 drill holes from its phase I, 3,000 drill program, currently underway at Kootenay’s Cervantes Project, located in Sonora State, Mexico. Drilling conducted by Aztec Minerals successfully intersected long intervals of porphyry gold, copper and silver mineralisation.

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Kootenay Silver Inc. {TSX.V: KTN} is pleased to report that Aztec Minerals Corp. (TSXV: AZT) today announced the first five of 15 drill holes from its phase I, 3,000 drill program, currently underway at Kootenay’s Cervantes Project, located in Sonora State, Mexico.Drilling conducted by Aztec Minerals successfully intersected long intervals of porphyry gold, copper and silver mineralization including shorter intervals of high grade gold mineralization within the California Zone confirming excellent potential to host bulk tonnage porphyry mineralisation.

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Drill Highlights:

• 139.0 meters from surface grading 0.71 gpt gold, including 20 meters of 2.10 gpt gold in hole 17CER005 at the California Zone
• 117.0 meters from near surface grading 0.63 gpt gold, including 43.0 meters of 1.18 gpt gold in hole 17CER003 at the California Zone

To view a map of the drill area click on the following link: Cervantes Drill Plan.

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The Cervantes Property is held under an earn-in option to agreement whereby Aztec Minerals can acquire up to 100% interest in the property in two stages. Upon completion of the two stage earn-in, Kootenay will retain a 2.5 % NSR and receive a payment of US$5.00 per ounce or gold or gold equivalent based on a NI 43-101 Resource Estimate. For more information see the Company’s news release dated October 13, 2015.

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To read the news release, please click HERE

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Bitcoin $BTC is again under price pressure after the recent rout, which traces its origins, in my opinion, to the commencement of the the trading on the Bitcoin Futures Contract on the Chicago Mercantile Exchange..

The original concept of Bitcoin was a decentralised independent payment method offering anonymity and total freedom from financial regulation, but the futures contract took that away.

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Bitcoin again under pressure as most cryptos fall around 10% today.

Bitcoin $BTC is again under price pressure after the recent rout, which traces its origins, in my opinion, to the commencement of the the trading on the Bitcoin Futures Contract on the Chicago Mercantile Exchange.

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The original concept of Bitcoin was a decentralised independent payment method offering anonymity and total freedom from financial regulation.

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Sadly that stopped on December 18th 2017 when the CME introduce the Bitcoin Futures contract. Now Wall St. can exercise control, and it is no surprise that bitcoin has fallen from an intraday high of around $20,000 the day before the CME commenced trading the futures, to around $8,250 as I type this.

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Clearly Bitcoin had looked to be in bubble territory, along with the other cryptos, last December, after rising inexorably throughout 2017, with many tokens or coins rising several thousand percent over the year.

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When people see easy money being made, everyone wants a piece of the action, so once the rise began, people already holding kept on holding, and new money entered the pool, and with none exiting, this inevitblly resulted in pushing up prices across the board to what to me looked like ridiculous levels.

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Unsurprisingly, governments began to take a closer interest in Bitcoin and other tokens, as they don’t like missing out on a slice of the action either, and in that respect Bitcoin presented them with a problem. The anonymity makes it hard to trace and tax people!

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A second problem was also emerging, low quality ICO’s were being introduced as the unscrupulous entered the fray and targeted the naive investors anxious to invest in the ‘next Bitcoin’.   South Korea was quick to realise this and placed a ban on ICO’s, but not Bitcoin trading. I think we will hear some real tales of woe eventually when a lot of the ICO tokens turn out be be value less, afterall, they are effectively shares in a new project, and some looks quite ridiculous.

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The South Koreans, Chinese and Japanese are by far the largest crypto traders, and whilst the Japanese seem to be embracing the crypto world, the Chinese and Koreans have some concerns, not least capital flight, and are placing restrictions on ICO’s and trading exchanges.

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The Russian government is going to ban bitcoin mining, but not trading, and Venezuela, Russia and Estonia are considering issuing government crypto currencies.

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It will be interesting to see where Bitcoin and the cryptos go from here,  my prediction is more regulation, the futures price will give Wall St. control, and there will be a saturation of new ICO’s, many of which will eventually fail to repay investors.

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Zenyatta Ventures Ltd. {TSX-V: ZEN} announced significant results from the cement-based composite test work that was recently conducted by Ben-Gurion University of the Negev in Israel.  BGU tested the performance of Zenyatta graphene oxide in a new cement/concrete admixture and the results demonstrated a remarkable reinforcing effect, with a compressive strength enhancement of 34%

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THUNDER BAY, Ontario, Feb. 01, 2018 – Zenyatta Ventures Ltd. {TSX-V: ZEN} announces significant results from the cement-based composite test work that was recently conducted by Ben-Gurion University of the Negev (“BGU”) in Israel.  BGU tested the performance of Zenyatta graphene oxide (“GO”) in a new cement/concrete admixture and the results demonstrated a remarkable reinforcing effect, with a compressive strength enhancement of 34% and a flexural strength enhancement of 62% over normal cement paste.

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Dr. Oren Regev, Associate Professor in the Department of Chemical Engineering at BGU, stated “These enhancements are among the highest reported in the literature for nanocarbon-loaded matrices (Carbon nanotubes, graphene nanoplatelets and other GO available in the market), suggesting that Zenyatta GO is extremely attractive for cement nano-reinforcement.”

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Aubrey Eveleigh, President and CEO for Zenyatta stated, “These exceptional independent test results have exceeded our expectations.  The concrete industry, and composites in general, can represent a large and valuable end use market for our graphene material.  An advanced nanomaterial, like graphene, can offer a game-changing solution to an existing product in the construction marketplace. The increase in concrete performance would allow for a better and wider range of infrastructure such as specialized roads, bridges, taller buildings, marine structures, tunnels, precast units and especially construction in natural disaster areas.”

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Zenyatta previously announced that BGU demonstrated that the addition of the Company’s graphene into concrete achieved a faster curing time and a superior mechanical performance that inhibits premature failure and tolerates large forces like those produced during earthquakes or explosions.  The Company will target the reduction of very expensive additives that are currently used to produce high performance concrete.  These additives include fibers, fly ash and silica fume.

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Also, this new graphene enhanced admixture has the potential to reduce the amount of cement that will be used in concrete for construction, thereby considerably cutting carbon dioxide (CO₂) emissions related to its production.  Cement production for the concrete industry is a significant contributor of CO₂ which is a major greenhouse gas.  In 2015, a total of 4.1 billion tonnes of cement was produced globally (Source: USGS).  Approximately 25% of this total is in the use of Ultra-High Performance Concrete and High Performance Concrete which have the same ingredients as normal concrete but with special high-cost additives.

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Zenyatta, BGU and Larisplast have received grant funding from the Canada-Israel Industrial R&D Foundation under the Ontario-Israel Collaboration Program for this pilot scale test. Upon successful completion of testing, an Agreement between the Parties contemplates the potential formation of a new corporation (‘Newco’) jointly owned (50/50) by Zenyatta and Larisplast for the purposes of marketing this new specialised admixture product.  Zenyatta would be the exclusive provider of purified graphite to Newco and any other party working with Larisplast on this technology.  The Company will provide additional detailed information related to this project once all parties are in a position to do so.

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Graphene was first produced in 2004 at the University of Manchester by Andre Geim and Konstantin Novoselov who were jointly awarded the Nobel Prize in Physics in 2010 “for groundbreaking experiments regarding the two-dimensional material graphene.” Graphene (or Carbon) is a single sheet of pure graphite that is one atom thick, flexible, transparent, light, stronger than diamonds or steel and is highly conductive. Graphene is making inroads in diverse industries, including transportation, medicine, electronics, energy, construction, defence and desalination. So far, one obstacle to its widespread use is the high manufacturing cost for high-quality graphene.  A lower-cost approach is to use high-purity natural graphite, like Zenyatta’s material, as the starting point to produce graphene by mechanical methods or GO by a chemical method.  The GO that was used in this test work was produced from Zenyatta’s high-purity graphite by Dr. Chen’s research group at Lakehead University.

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Larisplast is an industry leader in Israel specializing in the field of concrete admixtures. The company develops, produces, markets and distributes high quality products and materials for Israel’s concrete industry according to strict Israeli standards. Larisplast operates on a nationwide basis in Israel and is currently developing international markets and distribution channels.

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BGU is a research leader in alternative energy, robotics and nano-technology while playing a critical role in transforming Israel’s high-tech growth.  Specifically, the BGU research group focuses on carbon nanotubes and graphene product derivatives for new applications. The Advanced Technologies Park (ATP), adjacent to BGU is home to many multi-national high-tech companies, such as EMC, Oracle, Hewlett Packard, and Deutsche Telekom, which are leveraging the R&D expertise of BGU mainly through B. G. Negev Technologies and Applications Ltd. (“BGN”).  BGN is the technology transfer and commercialisation company for development of university technologies with industry partners.

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BGU’s expertise in nanoscience is advancing new materials to convert light and heat into electrical energy, to produce lightweight cars and planes of unprecedented strength. Researchers are developing incredibly small transistors to power computers, membranes for desalinating water, graphene surfaces loaded with specific drugs for delivery to targeted diseased cells, graphene reinforcement in cement-based materials and hydrogen storage device as a key enabling technology for the advancement of hydrogen and fuel cell technologies.

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Zenyatta continues to develop its rare igneous-hosted Albany graphite deposit in Ontario, Canada.  The Company’s highly crystalline graphite deposit is fluid-derived rather than the typical and abundant sedimentary flake-type graphite deposits.  Albany is the largest and only graphite project of its kind in the world. The unusual geologic mode of formation accounts for the favourable purity, crystallinity and particle size of graphite found in the Albany deposit.  Dr. Andrew Conly (Professor, Geology at Lakehead University) observed, “Evidence has shown that Zenyatta has discovered a unique sub-class of a hydrothermal graphite deposit unlike any other.  Igneous breccia-hosted graphite deposits like Albany are very rare, and to the best of my knowledge, none are currently being mined or even in an advanced stage of exploration globally.  The far more common flake-type (sedimentary) graphite deposits form through a completely different geological process.”

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The Albany graphite deposit is situated 30 km north of the Trans-Canada Highway, power line and natural gas pipeline near the communities of Constance Lake First Nation and Hearst.  A rail line is located 50 km away with an all-weather road approximately 10 km from the graphite deposit.

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Mr. Aubrey Eveleigh, P.Geo., Zenyatta’s President and CEO, is the “Qualified Person” for the purposes of National Instrument 43-101 and has reviewed, prepared and supervised the preparation of the technical information contained in this news release.  Information Sources: LafargeHolcim, US Geological Survey (‘USGS’), US Environmental Protection Agency, US Department of Transportation, Freedonia Group, Marca Espana, Macleans Magazine, UCLA newsroom and personal communication with local engineering firms.

For Further information please visit the Company’s website: www.zenyatta.ca 

Email: info@zenyatta.ca

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CAUTIONARY STATEMENT: This analysis does not represent a statistically large sample size.  Furthermore, these positive results are preliminary and do not mean that Zenyatta can extract and process Albany graphite or graphene for applications on an economic basis.  Without a formal independent feasibility study, there is no assurance that the operation will be economic.  Zenyatta has completed a Preliminary Economic Assessment regarding the Albany Project (the ‘PEA’) in support of its development work (see Zenyatta press release of 1 June 2015).  The PEA is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized.  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 information and Zenyatta cautions readers that forward looking information is based on certain assumptions and risk factors that could cause actual results to differ materially from the expectations of Zenyatta included in this news release. This news release includes certain “forward-looking statements”, which often, but not always, can be identified by the use of words such as  “potential”, “believes”, “anticipates”, “expects”, “estimates”, “may”, “can”, “could”, “would”, “will”, or “plan”. These statements are based on information currently available to Zenyatta and Zenyatta provides no assurance that actual results will meet management’s expectations. Forward-looking statements include estimates and statements with respect to Zenyatta’s future plans, objectives or goals, to the effect that Zenyatta or management expects a stated condition or result to occur, including the expected timing for release of a pre-feasibility study, the expected uses for graphite in the future, and the future uses of the graphite from Zenyatta’s Albany deposit. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of metallurgical processing, ongoing exploration, project development, reclamation and capital costs of Zenyatta’s mineral properties, and Zenyatta’s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as, but are not limited to: failure to convert estimated mineral resources to reserves; the preliminary nature of metallurgical test results; the inability to identify target markets and satisfy the product criteria for such markets; the inability to complete a prefeasibility study; the inability to enter into offtake agreements with qualified purchasers; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; political risks; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets, inflation, changes in exchange rates; fluctuations in commodity prices; delays in the development of projects; capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry; and those risks set out in Zenyatta’s public documents filed on SEDAR. This list is not exhaustive of the factors that may affect any of Zenyatta’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on Zenyatta’s forward-looking statements. Although Zenyatta believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Zenyatta disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

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Neometals {ASX: NMT} have issued their latest Quarterly Activities Report for the period ending 31st December 2017.

The report features one operations and four development projects, and the latest financial position.

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Neometals {ASX: NMT} have issued their latest Quarterly Activities Report for the period ending 31st December 2017.

The report features one operations and four development projects, and the latest financial position.

To read the news release, please click HERE

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Zenyatta Ventures Ltd.’s {TSX.V: ZEN} strategic focus is on the extraordinary nanomaterial called graphene, which is easily converted from the company’s highly crystalline Albany graphite deposit.

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Comment

It’s quite incredible that at the time of writing, shortly after the release of this piece, the stock price is up 26%!

One has to ask, why?  There is nothing new here, just an aggregation of news from the last year, nothing more at all.

And the news release skips over the part about ZEN needing to fund feasibility studies, and then fund the construction of a mine! In fact, reading this, it’s hard to judge that ZEN are a mining company at all!

Quite incredible really, I wonder whether this is being run up to complete the second part of the recent placing at $0.65?  The price was lagging at 55c yesterday, and the placing won’t close at that price, so we shall see whether they can close it now or not.

C.

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Zenyatta to focus on graphene converted from Albany

 News Release

Mr. Aubrey Eveleigh reports

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ZENYATTA WILL FOCUS FUTURE EFFORTS ON VALUE-ADDED GRAPHENE CONVERTED FROM ALBANY GRAPHITE IN A VERTICALLY INTEGRATED STRUCTURE

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Zenyatta Ventures Ltd.’s {TSX.V: ZEN} strategic focus is on the extraordinary nanomaterial called graphene, which is easily converted from the company’s highly crystalline Albany graphite deposit. Graphene is emerging as the most promising new material in modern times for enhancing applications in various industries due to its unique combination of mechanical, electrical and thermal properties. Graphene, a single sheet of carbon discovered in 2004 at the University of Manchester, can perform all of these functions.

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During 2017, independent labs in Japan, United Kingdom, Israel, United States and Canada have demonstrated that Zenyatta’s rare form of graphite easily converts (exfoliates) to graphene using a variety of simple mechanical methods. It has become apparent that the effort from these various collaborative programs has created significant additional value for the company’s specific material. It is also important to note that the graphene produced by Zenyatta’s partners is a consistent and high-quality nanomaterial, including the most desirable, monolayer to trilayer forms. The company’s graphene also has excellent dispersion properties and therefore is highly suitable for enhancing present-day composite materials like rubber and concrete, as confirmed by the University of Sussex and the Ben-Gurion University, respectively. The composite material market represents a very-large-volume end use for graphene and graphene-oxide. A significant business opportunity has now evolved related to this graphene product, which currently sells at prices of thousands of U.S. dollars per kilogram*. The prior business model in the company’s PEA (preliminary economic assessment) from 2015 included producing and selling high-purity graphite at $7.50 (U.S.) per kg.

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Many corporate and academic R&D (research and development) facilities around the world are currently competing to find the most effective, cost-efficient and scalable process to produce high-quality graphene. These companies still require a consistent source (or precursor) material for conversion to graphene, which is then applied to their various products for enhancement. Zenyatta has a significant competitive advantage with the ownership of a large and high-quality supply of source material, Albany graphite, in Canada. The company is currently assessing the various simple graphene conversion methods being utilized on its high-purity graphite material by its network of collaborative partners. Zenyatta plans to source the appropriate equipment required for a graphene manufacturing (exfoliation) process and also evaluate the associated costs for graphene production in a vertically integrated structure.

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Zenyatta will continue to focus on advancing the Albany graphite deposit toward production and will supply consistent, high-quality graphite or graphene to its wholly owned subsidiary ZEN-tech Materials Ltd. in a vertically integrated structure. The formation of ZEN-tech is a strategic move that will provide a downstream vehicle to market, capture value and advance graphene application development separate from the mineral development company.

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Zenyatta Ventures is developing the 100-per-cent-owned Albany graphite deposit situated in Northeastern Ontario, Canada. The deposit is a large and unique type of igneous-hosted, fluid-derived mineralization containing highly crystalline graphite in two adjacent breccia pipes. The deposit is situated 30 kilometres north of the Trans-Canada Highway, power line and natural gas pipeline near the communities of Constance Lake First Nation and Hearst. A rail line is located 50 kilometres away with an all-weather road approximately 10 km from the deposit.

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Aubrey Eveleigh, PGeo, Zenyatta’s president and chief executive officer, is the qualified person for the purposes of National Instrument 43-101 and has reviewed, prepared and supervised the preparation of the technical information contained in this news release.

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* Source: Applied Sciences Inc. and Future Markets Inc. (2017), table one: Graphene-mass-normalized price and nomenclature comparison in Graphene Magazine, April, 2017, issue No. 7, page 5.

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We seek Safe Harbor.

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Komet Resources {TSX.V: KMT} announced the closing of the first tranche of a private placement.

They raised CAD $592,000 through accredited investors and a director participating.

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Comment

When Komet presented in London just over a year ago, they estimated they would make CAD $10 million during 2017, and were discussing their intention to pay a dividend!

Move forward one year and that target has been missed by a country mile, and now they are raising money!

A bit disappointing, to say the least, so we’ll have to watch to see if they can bed in their new equipment,and turn a profit in 2018.

Québec City, January 25, 2018 – Komet Resources Inc. {TSX.V: KMT} is pleased to announce that it has closed the first tranche of a non-brokered private placement with accredited investors as well as with a director of Komet (the “Insider”) by issuing 1,600,500 units (the “Units”) at a price of $0.37 per Unit, for total gross proceeds to Komet of $592,585. Each Unit consists of one common share (a “Common Share”) and one-half common share purchase warrant. Each Warrant entitles the holder to purchase one additional Common Share of the Corporation at a price of $0.45 for 12 months from the closing date of the private placement (the “Closing Date”).

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Securities issued under the private placement will be subject to a four-month hold period from the Closing Date.

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Komet will use the private placement proceeds to accelerate the exploration of his properties following the positive results and the favorable gold price.

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The Insiders’ participation for 1 million units is exempt from the formal valuation and minority shareholder approval requirements provided under Regulation 61-101 respecting Protection of Minority Security Holders in Special Transactions (“Regulation 61-101”) in accordance with sections 5.5 (a) and 5.7 (1) (a) of Regulation 61-101. The exemption is based on the fact that neither the fair market value of the private placement, nor the consideration paid by such Insiders exceeds 25% of the market capitalization of the Corporation. The Corporation did not file a material change report at least 21 days prior to the completion of the private placement since the Insiders’ participation was not determined at that moment.

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The private placement was carried out pursuant to prospectus exemptions of applicable securities laws and is subject to final acceptance by the TSX Venture Exchange.

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As a result of the private placement, 67,807,342 common shares of Komet are issued and outstanding.

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Zenyatta Ventures Ltd. {TSX.V: ZEN} is pleased to announce the appointment of Mr. Keith Morrison to the Board of Directors of Zenyatta where he will also act as Chairman..

Keith Morrison is presently the CEO and Director of North American Nickel Limited. He is an entrepreneur with over 35 years of international experience in the resource sector

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Zenyatta Announces the Appointment of Keith Morrison to the Team as Director and Chairman.

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