Carlisle Goldfields {TSX.V: CGJ} delighted their shareholders by announcing they are being taken out by Alamos Gold {TSX: AGI} at a 62% premium to the shareprice prior tothe transaction being announced.

This is terrific news for CGJ shareholders, and a allows Alamos Gold to consolidate their position at Lynn Lake.  A win win for all concerned.

 PRESS RELEASE

Alamos Consolidates Ownership of Lynn Lake Project with Acquisition of Carlisle Goldfields Toronto, Ontario

Alamos Gold Inc. (TSX: AGI} and Carlisle Goldfields Ltd.{TSX:CGJ} are pleased to announce that they have entered into a definitive agreement pursuant to an offer made by Alamos to acquire all issued and outstanding shares of Carlisle by way of a court-approved plan of arrangement.

Under terms of the Agreement, Carlisle shareholders will receive: (i) 0.0942 of an Alamos common share for each Carlisle common share held, plus (ii) 0.0942 of a warrant to purchase Alamos common shares at an exercise price of C$10.00 with an expiration date of three years from closing. Not including the Alamos warrant, the share consideration represents a value of C$0.60 for each Carlisle common share based on Alamos’ closing price on October 14, 2015 on the Toronto Stock Exchange (“TSX”), a premium of 62% to Carlisle’s closing price on October 14, 2015, and a 117% premium to its 30-day volume-weighted average price (“VWAP”).

Alamos currently owns 10.9 million shares of Carlisle, representing approximately 19.9% of Carlisle’s basic common shares outstanding. Excluding Alamos’ existing 19.9% ownership of Carlisle, and net of Carlisle’s current cash, total consideration for the acquisition is approximately US$22.1 million (C$28.5 million). The number of shares to be issued by Alamos as part of the agreement is approximately 5.4 million, assuming conversion of in the money options and warrants, approximately 2% of Alamos’ current basic common shares outstanding. In addition,

Carlisle shareholders will be issued approximately 5.4 million warrants in aggregate. Alamos will apply to list the warrants on the TSX. Carlisle’s primary asset is the Lynn Lake gold project located in the highly prospective past producing gold camp in Lynn Lake, Manitoba, Canada. Lynn Lake is comprised of five near surface deposits which contain total measured and indicated mineral resources of 40.5 million tonnes grading 2.11 g/t for 2.75 million ounces of gold and total inferred mineral resources of 51.8 million tonnes grading 1.37 g/t for 2.28 million ounces.

In February 2014, a positive preliminary economic assessment (“PEA”) was completed on the two primary deposits, the MacLellan Mine and the Farley Lake Mine, which detailed average annual production of 145,000 ounces of gold at all-in sustaining costs of C$644 per ounce over a 12 year mine life. The PEA outlined attractive economics with an after-tax internal rate of return (“IRR”) of 26% using a gold price assumption of US$1,100 per ounce. As part of the November 2014 agreement with Carlisle, AuRico Gold (a predecessor to Alamos) acquired a 19.9% interest in Carlisle and a 25% interest in the Lynn Lake project with an option to earn up to a 60% interest in the project by spending C$20 million and delivering a definitive feasibility study on the project within a three year period.

“The Lynn Lake project represents an attractive, low-risk growth opportunity as a high grade, open pit project located in one of the best mining jurisdictions in the world. Given its potential for strong economics, the structure of the existing earn-in agreement and our commitment to advancing Lynn Lake, we are pleased to be able to consolidate our ownership of the project through our acquisition of Carlisle. This is a win for shareholders on both sides,” said John A. McCluskey, President and Chief Executive Officer of Alamos.  “The proposed transaction represents a significant premium and mitigates substantial dilution risk for Carlisle shareholders in current markets” said Abraham Drost, Carlisle’s President and Chief Executive Officer. “With the Alamos share and listed warrant consideration, Carlisle shareholders gain exposure to a dynamic, producing gold miner with a varied and promising international development portfolio that now, subject to the Carlisle shareholder vote, will also include the feasibility-level Lynn Lake development assets and exploration portfolio.”

Carlisle’s Executive Chairman, Bruce Reid said, “With this proposed transaction, Carlisle shareholders gain welcomed leverage to the Alamos production profile. We are pleased to see Lynn Lake in the hands of a proven mine developer with strong ties to Canada through its Young-Davidson Mine near Kirkland Lake, Ontario.”

Highlights of the Transaction .

 Consolidates 100% interest in the Lynn Lake gold project, a low cost, high grade open pit project with a large established mineral resource and strong exploration potential;  Diversifies and enhances Alamos’ development pipeline with average annual production potential of 145,000 ounces of gold at lowest quartile all-in sustaining costs from a favourable mining jurisdiction; 

Carlisle shareholders receive an attractive premium of 62% to yesterday’s closing prices and 117% to the 30-day VWAP; 

Carlisle shareholders gain access to the full suite of Alamos’ technical and financial resources to advance the Lynn Lake project through permitting and development; and  Carlisle shareholders gain exposure to Alamos’ diversified portfolio of producing operations and development projects and retain the ability to participate in future upside in the Lynn Lake project through their ownership of Alamos shares.

The Arrangement was negotiated between Alamos and Carlisle on an arm’s-length basis. Carlisle formed an independent special committee comprising Jennifer Boyle (Chairman), Nick Tintor and Harold Shipes (the “Special Committee”). The Special Committee retained Haywood Securities Inc. (“Haywood”) as its financial adviser and independent valuator as required by MI 61-101. Dickinson Wright LLP are acting as legal counsel to Carlisle.

Haywood has provided a verbal opinion that, based upon and subject to certain assumptions, limitations, restrictions and qualifications, the consideration to be received by Carlisle shareholders, pursuant to the Arrangement is fair, from a financial point of view, to Carlisle’s shareholders, other than Alamos. In addition, under the supervision of the Special Committee, Haywood has prepared an independent valuation and has provided an oral opinion of the fair market value of the Carlisle common shares.

The full text of the valuation, which sets forth the assumptions, qualifications and considerations in connection with the valuation, will be available for review on SEDAR.

The board of directors of Carlisle (with Alamos’ nominees abstaining) have unanimously approved the transaction and recommend that Carlisle shareholders vote in favour of the transaction. Each of the senior officers and directors of Carlisle have entered into lock-up agreements with Alamos pursuant to which each has agreed to vote in favour of the transaction, which together will represent approximately 12% of the issued and outstanding common shares of Carlisle.

The terms and conditions of the Agreement will also be disclosed in more detail in the Carlisle management information circular which is expected to be filed and mailed to Carlisle shareholders on Page | 3 or about November 2015, in anticipation of a special meeting of Carlisle shareholder to be held on or around December 16, 2015 (with a proposed record date of November 12, 2015). Completion of the transaction is subject to customary conditions, including court approvals, a favourable vote of (i) a majority of the Carlisle common shares voted at a special meeting of shareholders, other than shares held by Alamos and any other interested parties in the transaction; and (ii) at least 66 2/3% of the holders of Carlisle common shares voted at a special meeting of shareholders, and the receipt of all necessary regulatory and stock exchange approvals.

The Agreement includes a customary nonsolicitation clause and right to match covenants. Macquarie Capital Markets Canada Ltd. is acting as Alamos’ financial advisor for this transaction and Torys LLP is acting as its legal counsel. Macquarie Capital Markets Canada Ltd. has provided an opinion to Alamos’ Board of Directors that, as of the date thereof and subject to the assumptions, limitations and qualifications set out therein, the transaction is fair, from a financial point of view, to the shareholders of Alamos.

Peter Karelse, P.Geo., Vice President, Exploration for Carlisle and a Qualified Person as defined by NI 43-101, has reviewed and approved the technical content of this press release. The PEA was prepared by Tetra Tech in accordance with NI 43-101. The PEA is considered preliminary in nature. It includes inferred mineral resources estimates that are too speculative to have the economic considerations applied that would enable classifications as mineral reserves.

There is no certainty that the conclusions within the PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability. For further information about the PEA see Carlisle Gold’s news release dated February 27, 2014.

About Alamos Gold

Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson mine in northern Ontario, Canada and the Mulatos and El Chanate mines in Sonora State, Mexico. Additionally, the Company has a significant portfolio of development stage projects in Mexico, Turkey, Canada and the United States. Alamos employs more than 1,300 people and is committed to the highest standards of sustainable development. The Company’s shares are traded on the TSX and NYSE under the symbol “AGI”.

About Carlisle Golfields.

Carlisle Goldfields Limited is a gold exploration and development company focused, together with its joint venture partner Alamos Gold Inc., on a definitive feasibility study (“DFS”) evaluation of the Lynn Lake Gold Camp in Lynn Lake, Manitoba, Canada. Carlisle previously completed NI 43-101 compliant mineral resource estimates on five (5) deposits within its Lynn Lake Gold Camp, four of which form the basis for the February, 2014 (www.sedar.com) Preliminary Economic Assessment (PEA) technical report (Farley Lake Mine Deposit, MacLellan Mine Deposit, Burnt Timber Mine Deposit, and Linkwood Deposit). A second PEA technical report filed in April, 2014 focused on an open pit mining and processing model for the historical Farley Lake Mine and MacLellan Mine deposits only

FOR FURTHER INFORMATION, PLEASE CONTACT:

Abraham Drost Vice President, Investor Relations President and CEO, Carlisle Goldfields .adrost@carlislegold.com

Alamos Gold Inc. +1 807 252 7800 or +1 416 368-9932 x 5439

Cautionary Note

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain “forward-looking statements”, including information pertaining to completion of the acquisition by Alamos of Carlisle and the production potential of the Lynn Lake project. All statements other than statements of historical fact included in this release are forwardlooking statements that involve various risks and uncertainties. These forward-looking statements are based on forecasts of future operational or financial results, estimates of amounts not yet determinable and reasonable assumptions of management, including receipt of approvals required for the acquisition by Alamos of Carlisle. Although Alamos has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers are asked to review the “Risk Factors” set out in Alamos Gold Inc.’s, AuRico Gold Inc’s and Carlisle Goldfields Limited’s Annual Information Forms and other filings available on SEDAR and EDGAR. 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.

The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Carlisle Gold {TSX.V:  CGJ} have announced they are “in discussions regarding a possible transaction”.

The stock,halted yesterday, has resumed trading, with a healthy 20% increase in share price on good volume.

News release

Carlisle halted, in talks over potential deal

Mr. Abraham Drost reports

CARLISLE GOLDFIELDS IN DISCUSSIONS FOR POTENTIAL TRANSACTION

Carlisle Goldfields Ltd. {TSX.V: CGJ} has requested a trading halt on the basis that it is currently in discussions concerning a potential commercial transaction.

Shareholders are reminded that there are no assurances that an agreement will be concluded, and, accordingly, the company will provide a further update within 24 hours or earlier as required by applicable regulatory requirements.

We seek Safe Harbor.

Carlisle Gold {TSX.V: CGJ} shares have been halted from trading, pending an announcement.

Prior to the halt the shares had risen 9.6% on strong volume, suggesting a positive news release is about to be issued.

Zenyatta Ventures Ltd. {TSX V: ZEN} have received  a positive review of a sample of their Albany property graphite undertaken by the Ben Gurion University of the Negev, based in Israel.

In particular one attribute that favours a specific application, with ore news on that subject to come int he future.

Scorpio Gold {TSX.V: SGN} have released further drill results from Mineral Ridge.

The new drill results come from the Wedge, Physik, and Dolomite areas of Mineral Ridge.

Scorpio Gold Reports Results from 2015 Exploration Drilling at the Wedge, Physik and Reed Dolomite Target Areas, Mineral Ridge Project, Nevada

POET Technologies {TSX: PTK} Director Peter Copetti has made a number of small share purchases recently.

Investors have been debating the merits or not of these purchases at this time.

Comment.

Although share purchases by directors are normally viewed as positive, these multiple small purchases, and the reason for them, have caused much debate.

I am puzzled as to why he made the on different days instead of in one chunk, as they are for relatively small amounts of money, generally speaking. If it was to produce daily newsflow, there seems little point, and it would have been far more effective as a lump sum, in my opinion.

Peter has a significant in the money option position, which is a one way bet, so for that reason, I don’t attach any real significance to these buys, although the market seems to like the news, as the share price is up strongly in the last trading session, some 19%, and volume was an impressive > 1 million shares traded.

It’s always better to see directors buying rather than selling though, so I shouldn’t sound too negative!

POET Technologies {TSE: PTK} Director Peter Copetti purchased 5,000 shares of the company’s stock in a transaction on Friday, October 9th. The stock was acquired at an average price of C$0.88 per share, with a total value of C$4,400.00.

Peter Copetti also recently made the following trade(s):

• On Tuesday, October 6th, Peter Copetti purchased 10,000 shares of POET Technologies stock. The shares were bought at an average price of C$0.77 per share, for a total transaction of C$7,700.00.
• On Wednesday, October 7th, Peter Copetti purchased 5,000 shares of POET Technologies stock. The shares were bought at an average price of C$0.75 per share, for a total transaction of C$3,750.00.
• On Thursday, October 8th, Peter Copetti purchased 5,000 shares of POET Technologies stock. The shares were bought at an average price of C$0.78 per share, for a total transaction of C$3,900.00.

Zenyatta Ventures {TSX.V: ZEN} have published an updated investor presentation.

The update includes information from the recently completed PEA.

Zenyatta Ventures {TSX.V: ZEN}

To read the latest Zenyatta presentation PDF Click HERE

The company are setting the stage to move forward to the pre feasibility study.

Avalon Rare Metals Inc. {TSX: AVL} has issued an update on their Separation Rapids Lithium project, located in Ontario, Canada.

A 30 tonne bulk sample dispatched during the summer, has arrived in Germany and is now being processed to produce  a high quality lithium mineral concentrate.

Toronto, Ontario– October 8, 2015) – Avalon Rare Metals Inc. {TSX: AVL}  is pleased to provide an update on its $750,000 pilot plant program on the Company’s Separation Rapids Lithium Project (“Separation Rapids Project” or “the Project”) located near Kenora, Ontario, first announced in its news release of August 17, 2015.

The 30 tonne bulk sample of crushed ore that was shipped this summer has arrived at its destination in Germany and process work is now underway. The sample will be processed using the Company’s proven flow sheet to produce a  high purity lithium mineral (petalite) concentrate for the following purposes:

• To deliver further product samples to potential customers in the glass-ceramics industry who have already tested and approved smaller samples;
• To provide initial test samples to a number of new potential customers; and
• To generate concentrate for additional process development work with the objective of producing high purity lithium chemical products for the lithium ion battery manufacturing business.

The pilot plant program will be completed, and concentrate available for distribution, in Q1 2016.

Lithium chemicals process optimization work continues at the laboratories of the Saskatchewan Research Council in Saskatoon, Saskatchewan. Laboratory test work performed earlier this year at SRC provided encouraging results with a battery-grade lithium carbonate (>99.5% pure) being readily produced. Progress is being made toward the production of an enhanced grade product with a target purity of 99.9%. The potential for production of high grade lithium hydroxide was also demonstrated previously and optimization of this flowsheet is currently in progress. These programs are being conducted under the direction of David Marsh, Senior Vice-President, Metallurgy and Technology Development.

Rehabilitation work on the access road to the site initiated in September has now been completed. This road will provide ready access to the deposit for large scale bulk sampling in 2016. Several hundred tonnes of petalite concentrate is expected to be produced from this bulk sample and will be used for full-scale production trials in the glass-ceramics industry and for piloting the lithium chemical production processes.

 
Update on Lithium Markets

Growing demand for rechargeable batteries in electric vehicles and home energy storage is expected to result in continued growth in consumption of lithium. Critical materials consulting firm Stormcrow Capital estimates that demand could reach 410,000 tonnes of lithium carbonate equivalent per year in 2025, compared to 200,000 tonnes in 2015. This translates into a compounded annual growth rate of a 7.8%. In their May 2015 Industry Report, Stormcrow further predicts that a supply deficit will emerge in the market as existing producers struggle to meet the rapidly growing demand.

This sentiment was echoed at The Battery Show in Novi, Michigan September 15-17, attended by Vice-President, Sales and Marketing, Pierre Neatby, where some 5,000 industry participants gathered to discuss the current and future state of rechargeable batteries. The consensus was that lithium ion battery demand would grow significantly over the next decade in electric and hybrid vehicles and energy storage applications.

On September 24, Avalon was one of the sponsors of the Benchmark Mineral Intelligence lithium Ion Battery supply chain conference in Toronto. The conference provided excellent perspective on the rechargeable battery market and its main raw material needs: lithium, graphite and cobalt. Guy Bourassa, President and CEO of Nemaska Lithium Inc., one of the most advanced lithium chemicals projects in Canada, noted that “the market will need some 100,000 tonnes of new lithium chemicals supply to come into the market to over the next 5 years to meet the growing demand“. Industry panel participants, which included Avalon President & CEO Don Bubar, agreed that this rate of demand growth will require multiple new producers in order to keep the market in balance.

The chart below presented by Benchmark shows the increasing trend of battery grade lithium carbonate prices (US$/tonne) over the past 10 years reflecting the growing supply demand imbalance:

Please visit: https://orders.newsfilecorp.com/files/3386/17578_chart-enlarged.jpg

Lithium Carbonate Price Trend

To view an enhanced version of this image, please visit:
https://orders.newsfilecorp.com/files/3386/17578_chart-enlarged.jpg

Don Bubar, President and CEO of Avalon Rare Metals Inc. commented, “We are excited about all the new interest in the lithium sector. The rapid advance in lithium ion battery technology is creating new business opportunities for the Separation Rapids Project that were unimaginable in 1996 when Avalon first began work on the Project. Avalon is now uniquely positioned to be a long term supplier of both high purity lithium minerals to the glass ceramics market and lithium chemicals to the rapidly growing lithium ion rechargeable battery market.”

The technical information included in this news release has been reviewed and approved by the Company’s Senior Vice President Metallurgy and Technology Development, Mr. David Marsh, FAusIMM (CP), who is a Qualified Person under NI 43-101.

For questions or feedback, please email the Company at ir@avalonraremetals.com

or phone

Don Bubar, President & CEO, at +1 416-364-4938

Cautionary Statement
This news release contains “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements regarding the commencement and completion of its work programs, that that the sample will be processed to produce a high purity lithium mineral, that the pilot plant program will be completed, and concentrate available for distribution, in Q1 2016, that the road will provide ready access to the deposit for large scale bulk sampling in 2016, that several hundred tonnes of petalite concentrate is expected to be produced from this bulk sample and will be used for full-scale production trials in the glass-ceramics industry and for piloting the lithium chemical production processes, that growing demand for rechargeable batteries in electric vehicles and home energy storage is expected to result in continued growth in consumption of lithium and that Avalon is now uniquely positioned to be a long term supplier of both high purity lithium minerals to the glass ceramics market and lithium chemicals to the rapidly growing lithium ion rechargeable battery market. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “potential”, “scheduled”, “anticipates”, “continues”, “expects” or “does not expect”, “is expected”, “scheduled”, “targeted”, “planned”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be” or “will not be” taken, reached or result, “will occur” or “be achieved”. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Avalon to be materially different from those expressed or implied by such forward-looking statements. Forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made. Although Avalon has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Factors that may cause actual results to differ materially from expected results described in forward-looking statements include, but are not limited to market conditions, the possibility of cost overruns or unanticipated costs and expenses, and unanticipated results from the work programs, as well as those risk factors set out in the Company’s current Annual Information Form, Management’s Discussion and Analysis and other disclosure documents available under the Company’s profile at www.SEDAR.com. 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. Such forward-looking statements have been provided for the purpose of assisting investors in understanding the Company’s plans and objectives and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking statements. Avalon does not undertake to update any forward-looking statements that are contained herein, except in accordance with applicable securities laws.

Nymox Pharmaceutical Corp. {NASDAQ: NYMX} have announced the imminent completion of the  18 month trial for prostrate cancer NX03-0040.

Results are expected this quarter.

HASBROUCK HEIGHTS, N.J., Oct. 08, 2015 – Nymox Pharmaceutical Corp. {NASDAQ: NYMX} announced today that that participants in prostate cancer clinical trial NX03-0040 had neared completion of the study’s 18 month post-treatment assessments. The results from this 18 month study are expected to be reported this quarter, after the 18 month data has been analyzed. Patients in the prostate cancer study have been followed for up to 39 months after treatment.

Study NX03-0040 is a Phase 2 study of NX-1207 for low grade localized prostate cancer. The study was initiated in 2012. 146 men were randomized to a single injection of NX-1207 at two dosage levels (2.5 mg or 15 mg) or standard of care.

Prostate cancer is the most commonly diagnosed cancer in men, other than skin cancer, and is the second leading cause of cancer death for men. Approximately 50% of prostate cancers are initially considered low risk.

To date, NX-1207 has had an excellent safety profile. NX-1207 has shown safety in 9 clinical trials (BPH and prostate cancer) including repeat injection studies. The drug does not lead to immune responses such as antibody formation which can cause significant drug toxicity and/or limit usage to single treatments due to drug neutralizing effects.

One of the major problems with current prostate treatments for localized prostate cancer (radical prostatectomy, external beam radiation, or brachytherapy) is the relatively high incidence of reported sexual dysfunction post-treatment. In 9 studies, NX-1207 treatment has been shown to have no significant adverse effect post-treatment on sexual function or testosterone levels.

For more information :

contact info@nymox.com

or

+1 800-936-9669.

Forward Looking Statements

To the extent that statements contained in this press release are not descriptions of historical facts regarding Nymox, they are forward-looking statements reflecting the current beliefs and expectations of management made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the need for new options to treat BPH, the potential of NX-1207 to treat BPH and the estimated timing of further developments for NX-1207. Such forward-looking statements involve substantial risks and uncertainties that could cause our clinical development program, future results, performance or achievements to differ significantly from those expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, the uncertainties inherent in the clinical drug development process, including the regulatory approval process, the timing of Nymox’s regulatory filings, Nymox’s substantial dependence on NX-1207, Nymox’s commercialization plans and efforts and other matters that could affect the availability or commercial potential of NX-1207. Nymox undertakes no obligation to update or revise any forward-looking statements. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Nymox in general, see Nymox’s current and future reports filed with the U.S. Securities and Exchange Commission, including its Annual Report on Form 20-F for the year ended December 31, 2014, and its Quarterly Reports.

Contact:
Paul Averback – Nymox Pharmaceutical Corporation
www.nymox.com
Source: Nymox Pharmaceutical Corporation.

Range Energy {CSE: RGO} have confirmed that their largest investor, LNG, has by way of buying 29.75 million additional shares in the recent financing, increased their shareholding to 66.91%.

If their warrants were exercised and added in, this would increase to over 76% of the company!

Range Energy investor acquires $1.19M in tranche units

GULF LNG INCREASES HOLDINGS OF RANGE SHARES

2015-10-07 18:43 ET – News Release

Further to the news release of Range Energy Resources Inc. dated Oct. 7, 2015, announcing the company’s closing of the first tranche of a non-brokered private placement of 29.75 million units, each unit consisting of one common share and one share purchase warrant, Gulf LNG America LLC has purchased all of the units issued in the private placement. The units were purchased by Gulf for four cents per unit, for a total purchase price of approximately $1.19-million.

As a result of the private placement, Gulf now owns 424,222,772 common shares of the company, representing 66.91 per cent of the company’s issued and outstanding common shares. In addition, Gulf has the right to acquire an additional 293,822,772 common shares pursuant to the 29,750,000 share purchase warrants issued to it in the private placement, as well as the 6,545,500, 17.8 million, 30 million, 20 million, 20 million, 25 million, 22,727,272 and 122 million share purchase warrants that Gulf had previously purchased in August, 2015, July, 2015, November, 2014, October, 2014, July, 2014, June, 2014, May, 2014, and November, 2013, respectively.

If Gulf fully exercised such share purchase warrants, it would own 718,045,544 common shares, which would represent 77.38 per cent of the company’s then issued and outstanding common shares. Immediately prior to the private placement, Gulf held 394,472,772 common shares of the company, representing 65.28 per cent of the company’s then issued and outstanding common shares.

Gulf acquired the securities for investment purposes and intends to evaluate its investment and to increase or decrease its holdings in the company as circumstances warrant.

The units were issued to Gulf in reliance upon the registration and prospectus exemptions in Section 2.3 of National Instrument 45-106 (prospectus and registration exemptions).

We seek Safe Harbor.

Condor Gold {AIM: CNR} has, effectively, put itself up for sale,and there has always been an ideal suitor,their neighbour in Nicaragua with an existing producing gold mine, B2Gold Corp.

Nicaragua has boasted a superb record as a mining jurisdiction, until yesterday, when it turned sour.

Death of a police officer controlling rioters at B2Gold’s El Limon mine

Nicaragua has been a a paragon of virtue as a mining jurisdiction, with good reason. It’s a poor country, and mining offers employment, and produces taxation for a government in need.

Sadly B2Gold has cause for thought, after a blockade of their El Limon mine turned violent when the local police tried to clear it, and which sadly resulted in many injured, and the death of one police officer.

The reason for the blockade was B2Gold cancelling the contacts of three contractors “with just cause”,and them encouraging fellow workers to blockade the mine in protest. “Our solidarity is with the family and friends of the fallen officer, a victim of violent acts at El Limon Mine that have not only caused irreparable harm to a Nicaraguan family but that affect the entire community of the Mining District,” said Martin Esparza, General Manager of B2Gold’s El Limon Mine.

Obviously one hopes this particular situation is brought under control quickly and without further violence, but if it isn’t,you have to wonder whether this will have a negative effect on Condor Gold tying to sell their mine?  I have always thought B2Gold to be the most likely suitor, as there must be the potential to mine La India, and truck concentrate to El Limon, thus reducing considerably the capex required to build a mine at La India. This surely means that B2Gold were a very likely suitor to take out Condor.

If other companies not already operating in Nicaragua were considering a bid for Condor’s project, you have to wonder whether they will be watching with baited breath to the resolution at El Limon.

Anything other than a cessation of the blockade and a full return to work can only be very negative to Condor Gold’s attempt to sell itself to a potential suitor.

We will report further as this situation develops.

The Canadian tax year ends on December 31st each year, rather than April 5th as it is here in the UK.

This gives UK and European investors an edge over our Canadian investor peers at this time of year, and can result in quick and substantial profits

The Canadian tax year ends on December 31st each year, rather than April 5th like it is here in the UK.

This gives UK and European investors an edge over our Canadian investor peers, as we can buy at the height of their selling, when share prices on the TSX and particularly the TSX Venture Exchange, are quite depressed.

Monitoring the action in previous years has confirmed that picking the right stocks during the tax loss selloff can be quite rewarding, and in a very short space of time too, as buying resumes in January, and share prices can quickly rise, and regain the ground they lost during the tax loss selling.

I have often noticed prices quickly doubling, so this is certainly a situation that merits our attention.

Looking at the current market, clearly a lot of very junior companies are in a distressed situation,and unable to raise funds, or can only raise sufficient funds to pay wages and keep the lights on. These are unlikely to be candidates that will be bought and rise quickly in January, in my opinion.

There are however,  some companies in production, or close to it, prudently run, with a good treasury, and these will probably be the ones that will provide good  returns for the shrewd investor, as they always do every year.

This year the likely profits will come from companies in production or very close to it.

I am looking at a few companies that I think may do well, and am open to any suggestions from anyone that think they can see potential in a company that may benefit from the tax loss selling situation.

I will follow up in a future article, please address any emails to andrew@city-investors-circle.com

City Investor Circle confirm their next investor forum will take place at the ITC Livery Hall, Bartholomew Close, Barbican on Thursday 15th October at 18.30.

To register please email rhea@city-investors-circle.com

POET Technologies {TSX.V: PTK} have updated shareholders on their current status and future plans.

Key points are a strong balance sheet, and that prototypes are due in 2016.

POET Technologies Bolsters Strength of Balance Sheet and Sets Product Direction; Expects Prototypes in 2016

Operations Update Establishes New Go-To-Market Plan

SAN JOSE, CALIFORNIA, Sep 30, 2015 POET Technologies Inc.{TSX.V: PTK}, developer of monolithically integrated opto-electronics fabrication processes ( “POET technology”), today announced that it has strengthened its unencumbered balance sheet and accelerated its lab-to-fab commercialization initiative in expectation of delivering its first prototypes in calendar 2016.

“We start tomorrow’s new quarter with a significantly strengthened balance sheet – with $20.5 million in cash, with only small operational liabilities,” said Executive Co-Chairman Peter Copetti in an operations update for investors. “We expect these funds to provide about eight quarters of development runway, beyond the point of demonstrating working prototypes within the next year,” added Executive Co-Chairman Ajit Manocha.

Module-On-A-Chip: The Smart Industry Standard.
The Company said it is poised to roll out a monolithic opto-electronics process platform that enables unprecedented improvements in energy efficiency, component cost and size in the production of smart optical components, driving applications ranging from data centers to consumer products.

“The Company’s patented module-on-a-chip process, which integrates digital, high-speed analog and optical devices on the same chip, is designed to be the next industry standard for smart optical components fabrication,” said Ajit Manocha. “By adding electronics functionality to optics – lasers, detectors, IR sensors — POET powers ‘smart’ opto-electronic devices that demonstrate step-function improvements in low power performance, cost and size. Specifically applied to short reach VCSEL based transceivers for example, POET could enable up to 10X improvements in power consumption, component cost, and form factor,” added the Company’s Chief Executive Officer Dr. Suresh Venkatesan.

“Put simply, that means we make what’s on a wafer up to 10 times more energy efficient, 10 times cheaper and more than 10 times smaller,” said Dr. Venkatesan. “And we believe we are the only company that could achieve this level of disruption.”

Performance of Light at the cost of Copper.
Among the Company’s most differentiated value propositions in the marketplace is that the POET technology platform enables the power of optical communications at potentially similar price points to copper.

“Advances in silicon technology enable hugely efficient computational efficiencies,” said Dr. Venkatesan. “A single computation, for example, can be completed at fractions of pico-joules of energy. However, transmitting or communicating this piece of information over traditional copper interconnects can consume up to 100 times that energy. While optics can dramatically lower power consumption, we haven’t seen any optical solution that has yet been cost-competitive with copper interconnects. The POET platform, when implemented, could change that – thus creating a discontinuity in traditional learning curves. We are providing a truly disruptive technology solution.”

Large-Market Focus, Proven Business Model and Facilities Transition Proceeding Ahead of Plan

The Company indicated that its initial market focus is short reach and very short reach data communications, a massive and particularly high-growth sector whose most acute pain points often revolve around power management within data centers. The POET platform may subsequently be applicable to smart optical products with applications ranging from high-reliability defense, aerospace and energy applications to more common consumer devices.

Dr. Venkatesan said that the Company’s business model is expected to include a long-proven mixture of product sales and licensing; organic growth and acquisition; and direct and indirect sales. The Company also expects to go to market primarily with partners -both in sales and manufacturing. Typifying the latter is the Company’s recent VCSEL Manufacturing Services Agreement with a commercial foundry.

“Our partnerships bring scalable manufacturing and custom VCSEL foundry capabilities that we need to accelerate our lab-to-fab migration,” said Dr. Venkatesan. “We are on-plan to begin transferring our proprietary technology in this year’s Q4, which begins tomorrow – as well as to demonstrate integrated VCSEL prototypes in the second quarter of 2016.”

Additionally, the Company reported that it is ahead-of-plan in consolidating its Toronto-Connecticut-San Jose footprint and bringing the bulk of its operations to Silicon Valley in the Fourth Quarter of 2015. We expect to complete the consolidation in Q1 2016. The company said that the move is expected to result in insignificant one-time charges.

The company noted that its report today was a general overview of its in-process operational initiative. A more granular overview is expected as the Company enters the 2016 calendar year.

Investor Conference Call

The Company’s CEO and members of Executive Management will host a conference call at 5:00 pm EDT today, September 30th, 2015, to answer previously submitted questions and provide an update on the Company’s operational roadmap. Access to the conference call can be accomplished in the following ways:

– Live webcast link can be found at: www.investorcalendar.com/event/174300- The Company’s website at http://www.poet-technologies.com/ under events
and presentations
– Audio Replay: International: +1 201-612-7415

Conference ID: When calling in to the audio replay, callers will have to use conference ID number 13616913.

 
About POET Technologies Inc.

The Company is the world’s vanguard developer of opto-electronics fabrication processes. The Company’s unrivaled opto-electronics fab process platform enables unprecedented improvements in energy efficiency, component cost and size in the production of smart optical components, the engines driving applications ranging from data centers to consumer products. The Silicon Valley-based Company’s patented module-on-a-chip POET process, which integrates digital, high-speed analog and optical devices on the same chip, is designed to be the next industry standard for smart optical components fabrication. More information may be obtained at www.poet-technologies.com.

ON BEHALF OF THE BOARD OF DIRECTORS

Michel Lafrance, Secretary

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 contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward -looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) and the Company is relying on the protections of the safe-harbor created thereby.

Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding an outlook. Such statements include the Company’s intention to conduct a conference call on September 30, 2015 as well as the Company’s expectations with respect to the development, achievements and marketing of its POET technology and products.

Many factors could affect our current expectations and could cause actual results to differ materially. The forward-looking statements and information are based on a number of assumptions and are subject to various risks and uncertainties, including those described in the company’s filings with the U.S. Securities and Exchange Commission and the applicable Canadian securities regulators, many of which are difficult to predict and generally beyond the control of the Company, including without limitation the following:

— we have a limited operating history and we do not expect to become
profitable in the near future;
— our need for additional financing, which may not be available on
acceptable terms or at all;
— the possibility that we will not be able to compete in the highly
competitive semiconductor market;
— the risk that our objectives will not be met within the time lines we
expect or at all;
— research and development risks;
— the risks associated with successfully protecting patents and trademarks
and other intellectual property;
— the need to control costs and the possibility of unanticipated expenses;
— manufacturing and development risks;
— the risk that the price of our common stock will be volatile; and
— the risk that shareholders’ interests will be diluted through future
stock offerings or options and warrant exercises.
Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company’s securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this presentation are as of the date of this conference call and webcast. The Company assumes no obligation to update or revise this forward-looking information and statements except as required by law.

Contacts:
Christopher Chu
Taylor Rafferty, LLC
+1 908 251 9869
poet@taylor-rafferty.com

SOURCE: POET Technologies Inc.

Kootenay Silver {TSX.V: KTN} have announced they have optioned up to some 80% of their Silver Fox property to a wholly owned subsidiary of Antofagasta PLC.

The Silver Fox Property hosts Revett type mineralisation.

KOOTENAY ANNOUNCES SILVER FOX PROPERTY OPTIONED TO ANTOFAGASTA

Kootenay Silver Inc.{TSX.V: KTN}  has entered into an option agreement with a wholly owned subsidiary of Antofagasta PLC.

The agreement allows Antofagasta the option to earn up to an 80-per-cent interest in the Silver Fox property located in southeastern British Columbia, Canada. Silver Fox comprises mineral rights to over 30 kilometres of strike length of geologic formations correlative to those that host the Montana copper sulphide belt, northwest Montana, and the silver belt of Idaho, renowned exploration and mining regions that currently contain the largest silver resources in the United States.

The Silver Fox is a copper-silver sediment-hosted prospect that bears strikingly similar geological characteristics to Revett-type copper-silver sediment-hosted deposits of the Montana copper sulphide belt in the United States, which are host to over 680 million ounces of silver and 5.6 billion pounds of copper in several deposits. The largest deposits of this belt (Montanore and Rock Creek) individually contain in excess of 200 million ounces of silver and 1.7 billion pounds of copper. The company’s interest in Silver Fox is a result of its generative exploration program and the Kennedy Grubstake agreement (see news release dated June 30, 2015).

The Silver Fox property

Exploration conducted by Kootenay at Silver Fox includes prospecting, mapping and extensive geophysical evaluation, results of which led to the subsequent claim acquisition by Kootenay. Geological features recognized at Silver Fox considered characteristic of Revett-type deposits include:

• Stratabound disseminated Cu occurrences in Revett formation-equivalent quartzites;
• Copper mineralization characterized by disseminated grains of chalcopyrite, bornite and chalcocite in the host quartzite, with minor copper staining by chrysocolla, azurite and malachite;
• Recognition of a northwest-trending mineralized structural domain, bracketed to the north by the historic St. Eugene silver-lead-zinc (Ag-Pb-Zn) vein.

This fundamental structural feature is thought to have been active from the Precambrian to the Tertiary regional-scale zones of bleaching, oxide, sulphide, carbonate and manganese alteration occurring with copper mineralisation. Location along the northern extension of the Western Montana copper sulphide belt

RP Hartlaub department of mining and mineral exploration, British Columbia Institute of Technology, interpreted from a multi year program co-financed by Geoscience B.C. and Natural Resources Canada that the area has high potential for hosting Revett-type silver-copper deposits. This is evidenced by major discoveries in northwest Montana. Thus it is considered that the Silver Fox has the potential to be an exciting exploration discovery in an under-explored area for very large silver-copper deposits.

Terms of the agreement

The terms of the agreement grant Antofagasta the right to earn a 65-per-cent interest by financing or incurring an aggregate total of $2.5-million (U.S.) in exploration expenditures on or before the fourth anniversary of the agreement (for instance, Sept. 29, 2019), of which amount $125,000 (U.S.) is a firm financing commitment in the first year. Antofagasta has the right to accelerate the first option expenditures.

Upon exercising the first option, Antofagasta will have the right to acquire a further 15-per-cent interest by incurring an additional aggregate total $1.65-million (U.S.) in exploration expenditures within two years of the first option exercise date.

Upon the exercise of the second option Antofagasta will have earned an 80-per-cent interest and Kootenay will hold a 20-per-cent interest in Silver Fox under a joint venture basis under the terms of the agreement. If Antofagasta decides not to exercise the second option, a joint venture based on a 65/35-per-cent interest will form under the agreement in relation to the property. In connection with the agreement, the Grubstake agreement has been replaced and superceded, in relation to Silver Fox, by a new option agreement between the 100-per-cent owner of Silver Fox, Craig Kennedy, and the company. Under the terms of the underlying option agreement, the company can acquire a 100-per-cent interest in Silver Fox by issuing 75,000 common shares to Kennedy by July 3, 2018, subject only to a 2.0-per-cent net smelter returns royalty in favour of Kennedy. The underlying royalty is subject to a purchase right in favour of the company, exercisable by the company by paying $500,000 for each 0.5 per cent of the underlying royalty.

Under the terms of the agreement, the company is obligated to exercise the underlying option prior to the exercise by Antofagasta of the first option.

The foregoing geological disclosure has been reviewed and verified by Kootenay’s chief executive officer, James McDonald, PGeo (a qualified person for the purpose of National Instrument 43-101, standards of disclosure for mineral projects). Mr. McDonald is a director of Kootenay.

We seek Safe Harbor.

Scorpio Gold {TSX.V: SGN} have issued results from three satellite projects at Mineral Ridge, Nevada.

Following analysis of the results,Scorpio have moved onto neighbouring areas considered more prospective.

Sep 28, 2015

Scorpio Gold Reports Results from 2015 Exploration Drilling at the Wedge, Physik and Reed Dolomite Target Areas, Mineral Ridge Project, Nevada

Neometals Ltd {ASX: NMT} and Mineral Resources Limited (ASX: MIN} confirm the final investment decision for the Mt Marion Lithium project.

Ganfeng Lithium Co. have advanced $19.75 for the final investment decision.

28 September 2015

Mt Marion Lithium Project Offtake and Equity Investment

Financial close and Final Investment Decision

Neometals Ltd {ASX: NMT} and Mineral Resources Limited (ASX: MIN}
(“MIN” – via its wholly owned subsidiary, Process Minerals International Pty Ltd) are
pleased to announce the start of the construction phase of the Mt Marion Lithium  Project
following the Final Investment Decision.

 
First production is expected by mid-2016 from the Project, which is designed  to produce
more than 200,000  tpa of chemical grade spodumene concentrate.

 
Neometals and MIN advise that financial close has occurred regarding  the formal
agreements executed with China’s second largest lithium producer, Jiangxi Ganfeng Lithium Co., Ltd, in respect of Ganfeng’s equity investment in the Mount Marion
Lithium Project.

 
As contemplated by the Share Sale, Subscription and Option Agreement, the  parties have
entered into a Shareholders Agreement to govern their investments in  Reed Industrial
Minerals Pty Ltd (“RIM”), the owner of the Project.

 
In addition, RIM has entered into a  life-of-mine offtake agreement with Ganfeng, and a
Mining Services Agreement with MIN for the construction and operation of the  Project on a Build-Own-Operate basis. The completion of these agreements constitutes the Final
Investment Decision.

 
A summary of the key terms of the agreements is  set out in the annexure to this
announcement.

 
Neometals has received a net amount of US$19.75 million from Ganfeng  in respect to the
equity investment in RIM.

Chris Reed, Neometals Managing Director commented:  “This heralds a new chapter for Neometals as we move into the construction phase of Mt. Marion. We have successfully executed our strategy to bring Mt Marion to fruition teaming with a partner who provides expertise in construction and processing as well as securing a valuable offtake partner. We look forward to keeping shareholders updated with the construction progress over coming months.”

ENDS

 
For further information, please  contact:
Chris  Reed
Managing Director
Neometals  Ltd
+61 8 9322 1182
info@neometals.com.au

 
Bruce Goulds
CFO/Company Secretary
Mineral Resources Limited
+61 8 9329 3600
bruce.goulds@mineralresources.com.au

 
Media
Richard Glass / Michael Weir
Citadel-MAGNUS
+61 8 6160 4900

 
ANNEXURE A:  Summary of key terms of transaction agreements
Share Sale, Subscription and Option Agreement
• Following financial close, the shareholdings in RIM are as follows:
• Neometals – 45%
• PMI – 30%
• Ganfeng – 25%
• Neometals has also granted PMI and Ganfeng options pursuant to which they can
elect to increase their respective shareholdings in RIM by around Q4 of 2016 by
acquiring shares from Neometals at an agreed price. If these options are fully
exercised, Neometals will be left holding 13.8% of RIM and PMI and Ganfeng will
each hold 43.1%.

 
Offtake Agreement
• Ganfeng will  purchase 100% of spodumene production from the Mount Marion
Lithium Project for the life of the mine (“LOM”) at market prices on a CIF basis,
subject to an agreed floor.
• After the first three  years of production, MIN/Neometals can exercise options to
collectively  purchase up to 51% of spodumene production, with Ganfeng
purchasing the remaining production.

Mining Services Agreement
• MIN (via its wholly  owned subsidiary, Process Minerals International Pty Ltd) will
build, own and  operate the mining, crushing and beneficiation infrastructure and
equipment for the Mount Marion Lithium Project.

City Investors Circle London confirm that their next event will be an evening presentation with a mining theme.

The date is Thursday 15th October, and the Venue is the ITC Livery Hall, at the Barbican.

Full details will be released within the next few days.

Everyone interested in investing in mining companies is welcome, our meetings are friendly and informal, welcoming everyone within the investment spectrum, from city professionals through  to those new to investing.

Courtesy drinks will be served upon arrival.

Following the presentation a buffet and complimentary drinks will be served.

All our events are free to attend.

Program.

18.00 Doors open, welcome drinks and networking.

18.30 Presentation commences.

19.10 Q & A

19.30 Food and drinks served, networking.

21.00 Event closes

POET Technologies {TSX.V: PTK} confirm they will hold an investor conference call on Wednesday 30th September 2015.

Investors can submit questions in advance, full details 

Comment

This has previously been announced, but a timely reminder for those that hold that you can submit questions in advance, please see the full details below.

It will be interesting to hear what they have to say, an update is overdue and good to see they are addressing this, and even better that people can submit their own questions.

POET Technologies Announces Conference Call Providing Operating Plan Updates

Toronto, ON, and San Jose, CA, – POET Technologies Inc. {TSX-V: PTK}  – developer of the planar opto-electronic technology (“POET”) platform for monolithic fabrication of integrated circuit devices containing both electronic and optical elements – announces that the Company’s CEO, and members of Executive Management, will host a conference call at 5:00 pm ET on September 30th, 2015 to provide an update on the Company’s operational roadmap.

We encourage investors to pre-submit questions to POET Investor Relations at: poet@taylor-rafferty.com.

We thank you in advance for your participation.

Access to the conference call can be accomplished in the following ways:

• Live webcast link can be found at:http://www.investorcalendar.com/event/174300
• The Company’s website at poet-technologies.com under events and presentations
• Call in: International: +1 201-689-8031

• Audio Replay: International: +1 201-612-7415

• Conference ID: When calling in to the live conference call or the audio replay which will be available approximately three hours after the live call, callers will have to use conference ID number 13616913.

About POET Technologies Inc.

POET Technologies is the developer of the POET platform for monolithic fabrication of integrated circuit devices containing both electronic and optical elements on a single semiconductor wafer. With head office in Toronto, Ontario, Canada, and operations in San Jose, CA and Storrs, CT, the Company, through ODIS Inc., a U.S. company, designs III-V semiconductor devices for military, industrial and commercial applications, including infrared sensor arrays and ultra-low-power random access memory. The Company has several issued and pending patents for the POET process, with potential high speed and power-efficient applications in devices such as servers, tablet computers and smartphones. The Company’s common shares trade on the TSX Venture Exchange under the symbol “PTK” and on the OTCQX under the symbol “POETF”.

For more information please visit our websites at www.poet-technologies.com.

ON BEHALF OF THE BOARD OF DIRECTORS
Michel Lafrance, Secretary

For further information:
Christopher Chu, Taylor Rafferty, LLC
Tel: +1 908 251 9869
Email: poet@taylor-rafferty.com

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

This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward -looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding an outlook. Such statements include the Company’s intention to conduct a conference call on September 30, 2015.

Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management’s expectations regarding future growth, plans for and completion of projects by the Company’s third party relationships, availability of capital, and the necessity to incur capital and other expenditures. Actual results could differ materially due to a number of factors, including, without limitation, operational risks in the completion of the Company’s anticipated projects, delays or changes in plans with respect to the development of the Company’s anticipated projects by the Company’s third party relationships, risks affecting the Company’s ability to execute projects, the ability to attract key personnel, and the inability to raise additional capital. Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company’s securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward- looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law.

Neometals {ASX: NMT} have released their final results for the year ended 30th June 2015.

The last year was transformational for the company, yet in the worst market in living memory for junior miners, Neometals seriously bucked the trend, increasing their share price 500%!

Neometals {ASX: NMT} have released their final results for the year ended 30th June 2015.

Comment

The last year was transformational for the company,and in the worst market in living memory for junior miners, yet Neometals seriously bucked the trand, increasing their share price 500%!

Chris Reed is a fourth generation miner, and after he re-took control of the company after the poor performance of the previous management team, he re focused away from gold onto lithium,and now shareholders are reaping the benefit as the Shareprice continues to rise.

The closing of the deal with China’s second largest lithium company, Ganfeng, has of course been the catalyst for the increase in shareholder value.

The final results can be accessed by pasting the link blow into a browser.

http://www.neometals.com.au/reports/608-150630-RDR-14_15-Annual-Report-Combined.pdf