Showing posts with label statements. Show all posts
Showing posts with label statements. Show all posts

Tuesday, March 19, 2013

Lions Gate Metals Inc. Enters Into Agreement to Acquire the Whitford Lake Uranium Project, Athabasca Basin, Saskatchewan


Lions Gate Metals Inc. (TSX VENTURE:LGM) ("Lions Gate" or the "Company") is pleased to announce that it has entered into an option agreement (the "Agreement") with an arm's-length vendor, by which the Company can earn a 100-per-cent (100%) interest in the Whitford Lake uranium project, which covers 67 hectares in the Athabasca Basin, in Saskatchewan (the "Property"). The Whitford Lake Project is located, some 21km SE of the Cigar Mine on the eastern edge of the Athabasca Basin, the most productive uranium region in the world. Other claimholders in the area include Fission Energy, Purepoint Uranium, Denison Mines and Cameco Corporation. The primary target at Whitford Lake is two northeast, parallel magnetic contacts, between which lies a zone of subsurface resistivity, with a strike length of roughly 750m. Drilling at Whitford Lake by Cameco in 1995 identified a zone of altered sandstone, beginning 30m above the unconformity, enriched with chlorite and illite, which is indicative of hydrothermal activity. In addition, elevated lead levels below the unconformity have also been identified. All of these enrichments are key exploration indicators for uranium exploration in the Athabasca basin.
Under the terms of the Agreement, the Company can earn a 100-per-cent (100%) interest in the Property by paying $100,000 initially and issuing two million five hundred thousand (2,500,000) common shares to the vendor. 1,000,000 shares will be issued within 5 days of regulatory approval with the balance being distributed under an escrow agreement over the next 18 months (500,000 share increments ever six months). The Company must make additional payments of $1,150,000 and complete $3,000,000 in exploration expenditures on the Property within the next 4 years. A 1-per-cent (1%) net smelter royalty has been granted to the vendor, of which a half per-cent (0.5%) may be purchased by the Company for $750,000. The Agreement is subject to regulatory approval.
"As we advance the option agreement on the Poplar Copper, Silver, Gold deposit the company has been looking for additional opportunities for expansion featuring geographical and commodity diversification. Our Lions Gate team has the skill sets and contacts in the Uranium Sector. The company's management is of the mindset that the Uranium sector will see renewed interest as the market realizes the supply and demand delta is widening. Management also feels asset values have 'bottomed-out' and at this stage projects such as Whitford Lake represent excellent value for money," commented CEO & Chair, Arni Johannson.
About Lions Gate Metals
Lions Gate is a public Canadian based, junior resource company focused on the exploration, development, and acquisition of both advanced and early stage mineral projects.
Sincerely on behalf of the Board of Directors,
Arni Johannson, Chairman and Interim President and CEO
Lions Gate Metals Inc.
THIS PRESS RELEASE INCLUDES FORWARD-LOOKING STATEMENTS OR INFORMATION. ALL STATEMENTS OTHER THAN STATEMENTS OF HISTORICAL FACT INCLUDED IN THIS RELEASE, INCLUDING WITHOUT LIMITATION, STATEMENTS REGARDING FUTURE PLANS AND OBJECTIVES OF THE COMPANY ARE FORWARD-LOOKING STATEMENTS THAT INVOLVE VARIOUS RISKS AND UNCERTAINTIES. THERE CAN BE NO ASSURANCE THAT SUCH STATEMENTS WILL PROVE TO BE ACCURATE AND ACTUAL RESULTS AND FUTURE EVENTS COULD DIFFER MATERIALLY FROM THOSE ANTICIPATED IN SUCH STATEMENTS. IMPORTANT FACTORS THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE COMPANY'S PLANS OR EXPECTATIONS INCLUDE AVAILABILITY OF CAPITAL AND FINANCING IN CONNECTION WITH THE COMPANY'S PROPOSED PRIVATE PLACEMENT, GENERAL ECONOMIC, MARKET OR BUSINESS CONDITIONS, REGULATORY CHANGES, TIMELINES OF GOVERNMENT OR REGULATORY APPROVALS AND OTHER RISKS DETAILED HEREIN AND FROM TIME TO TIME IN THE FILINGS MADE BY THE COMPANY. ACCORDINGLY, READERS ARE ADVISED NOT TO PLACE UNDUE RELIANCE ON FORWARD-LOOKING STATEMENTS OR INFORMATION.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Lions Gate Metals Inc.
Arni Johannson
Chairman and Interim President and CEO
(778) 328-2281

Source:
Lions Gate Metals Inc. Enters Into Agreement to Acquire the Whitford Lake Uranium Project, Athabasca Basin, Saskatchewan



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Tuesday, March 12, 2013

MusclePharm to Present at the Peak to Peak Institutional Conference

MusclePharm Corporation (OTCQB: MSLP), a nutritional supplement company focused on active lifestyles, is proud to announce the Company will be presenting at the 2013 Peak to Peak Institutional Investor Conference presented by Janco Partners and Genesis Select on March 14-15, 2013 at the Westin Riverfront Resort in Beaver Creek, CO. The MusclePharm presentation will be held on Thursday, March14th at Noon Mountain Time.
A live webcast of the presentation will be broadcast via the Internet. Those interested in listening to the webcast may access it at http://wsw.com/webcast/genesis/mslp/ or on MusclePharm's website at http://musclepharm.com/investors. An archived replay of the presentation will be available for 90 days.
ABOUT MUSCLEPHARM CORPORATION
MusclePharm is a healthy lifestyle company that develops and manufactures nutritional supplements that address active lifestyles, including muscle building, weight loss and maintaining general fitness through a daily nutritional supplement regimen. The products are formulated through a six-stage research process using the expertise of leading nutritional scientists. MusclePharm's products are sold to consumers in more than 110 countries and available in over 10,500 U.S. retail outlets, including Dick's Sporting Goods, GNC, Vitamin Shoppe and Vitamin World. MusclePharm products also are sold through more than 100 online channels globally, including bodybuilding.com, amazon.com and vitacost.com. For more information, please visit http://musclepharm.com/.
FORWARD-LOOKING STATEMENTS
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. Statements that are not a description of historical facts constitute forward-looking statements and may often, but not always, be identified by the use of such words as "expects", "anticipates", "intends", "estimates", "plans", "potential", "possible", "probable", "believes", "seeks", "may", "will", "should", "could" or the negative of such terms or other similar expressions. Actual results may differ materially from those set forth in this release due to the risks and uncertainties inherent in the Company's business. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's Annual Report on Form 10-K/A for the fiscal year ended December 31, 2011, the Company's Quarter Reports on Form 10-Q and other filings submitted by the Company to the SEC, copies of which may be obtained from the SEC's website at www.sec.gov. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement and the Company undertakes no obligation to revise or update this release to reflect events or circumstances after the date hereof.

MusclePharm Company Contact:

John H. Bluher
COO
Telephone: 303-618-0902
Email Contact

MusclePharm Investor Contact:

The Del Mar Consulting Group, Inc.
Robert B. Prag
President
Telephone: 858-794-9500
Email: Email Contact

or

Alex Partners, LLC
Scott Wilfong
President
Telephone: 425-242-0891
Email: Email Contact

Source:
MusclePharm to Present at the Peak to Peak Institutional Conference



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Sunday, March 3, 2013

LVS Fires Back at Misleading and Sensationalistic Reporting of Company's Most Recent Financial Disclosure


Las Vegas Sands Corp. (NYSE: LVS) today fired back at various media headlines and press reports that have suggested that the company violated any of the anti-bribery provisions of the Foreign Corrupt Practices Act (FCPA).
The company did not report any violations of the anti-bribery provisions of the FCPA and it said news reports stating otherwise, such as the headline in today's New York Times which described the matter by saying "Casino Says it Likely Cheated," are both inflammatory and defamatory. The company said it will vigorously defend itself against that type of uninformed and misleading reporting.
In the company's 10-K disclosure filed with the Securities and Exchange Commission (SEC) last Friday it made no such statement and insists no violations of the anti-bribery provisions of the FCPA have occurred. Instead, the company said that in its preliminary findings the company's Audit Committee had advised that there were "likely violations" of the books and records and internal controls provisions (i.e. "accounting provisions") of the FCPA. A potential violation of the accounting provisions could range anywhere from a single transaction recorded incorrectly to other errors in the accounting records.
Additionally, the company's independent auditors -- who have been auditing the company for more than a decade -- issued an unqualified opinion on the financial statements for the year ended December 31, 2012. Those financial statements also included the disclosure that any violations of the accounting provisions have not had a material impact on the financial statements of the company and did not warrant any restatement of its past financial statements.
About Las Vegas Sands
Las Vegas Sands (NYSE: LVS) is a Fortune 500 company and the leading global developer of destination properties (Integrated Resorts) that feature premium accommodations, world-class gaming and entertainment, convention and exhibition facilities, celebrity chef restaurants, and many other amenities.
The Venetian and The Palazzo, Five-Diamond luxury resorts on the Las Vegas Strip, and Sands Bethlehem in Eastern Pennsylvania are the company's properties in the United States. Marina Bay Sands is the company's iconic Integrated Resort in Singapore's downtown Marina Bay district.
Through its majority-owned subsidiary Sands China Ltd., the company owns a portfolio of properties on Macao's Cotai Strip, including The Venetian Macao, Four Seasons Hotel Macao, and Sands Cotai Central. The company also owns the Sands Macao on the Macao Peninsula.
Las Vegas Sands is committed to global sustainability through its Sands ECO360 program and is an active community partner through its various charitable organizations.
For more information, please visit www.lasvegassands.com.
Follow Us Online:
Facebook
Twitter
Blog (Sands Confidential)

Contacts:

Investment Community:
Daniel Briggs
(702) 414-1221

Media:
Ron Reese
(702) 414-3607

Source:
LVS Fires Back at Misleading and Sensationalistic Reporting of Company's Most Recent Financial Disclosure



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Tuesday, February 26, 2013

Rodinia Lithium Secures $2 Million Stand-by Credit Facility from Key Shareholder


Rodinia Lithium Inc. ("Rodinia" or the "Company") (TSX VENTURE:RM)(OTCQX:RDNAF) is pleased to announce it has entered into a $2.0 million stand-by credit facility (the "Credit Facility") with Aberdeen International Inc. ("Aberdeen"). Aberdeen is currently a significant shareholder of Rodinia, is a long-time supporter of the Company, and is a member of the Forbes & Manhattan Inc. group of companies.
Under the Credit Facility, Rodinia has the ability to draw down amounts up to a maximum of $2.0 million (subject to the terms of the Credit Facility), with repayment of any draw down to be made by February 25, 2016. Any amounts drawn down will bear interest at 10% per annum, payable quarterly in arrears, with the first installment due on June 30, 2013. As at September 30, 2012 (the Company's most recent financial statements for the third quarter), the Company had $621,000 in cash and no debt. Rodinia expects that its current funding will be sufficient to fund its operations through the delivery of a revised National Instrument 43-101 Mineral Resource Estimate and Feasibility Study for its Salar de Diablilos lithium-potash project in Salta, Argentina.
"The Credit Facility is a tremendous vote of confidence from one of our largest shareholders. It insulates us from market uncertainty and provides a ready source of non-dilutive funding, if required, in the future," said Aaron Wolfe, Vice President Corporate Development of Rodinia. "We very much appreciate the on-going support of one of the Company's longest and largest shareholders as we continue to achieve our short term milestones."
In consideration for Aberdeen's commitment under the Credit Facility, Rodinia has agreed to secure the Credit Facility against its Salar de Centenario assets. No fees or warrants have been issued in relation to the establishment of the Credit Facility. Promptly after signing the Credit Facility, the Company will draw down $300,000 from the line of credit.
Aberdeen is a non-arm's length party; as such term is defined by the TSX-Venture Exchange, as Aberdeen and Rodinia have a common senior officer.
About Rodinia Lithium Inc.:
Rodinia Lithium Inc. is a Canadian mineral exploration and development company with a primary focus on Lithium exploration and development in North and South America. The Company is also actively exploring the commercialization of a significant Potash co-product that is expected to be recoverable through the lithium harvesting process.
Please visit the Company's web site at www.rodinialithium.com or write us at info@rodinialithium.com.
Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release may be deemed to constitute "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may include, without limitation, statements (express or implied) regarding the anticipated effects of the results and the impact of the Credit Facility. There can be no assurance that such statements (express or implied) will prove to be accurate, and actual results and future events could differ materially from such statements. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Rodinia Lithium Inc.
Aaron Wolfe
Vice-President, Corporate Development
+1 (416) 309-2696
info@rodinialithium.com
www.rodinialithium.com

Source:
Rodinia Lithium Secures $2 Million Stand-by Credit Facility from Key Shareholder



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Tuesday, February 19, 2013

Go Capital Announces Proposed Qualifying Transaction With Focus Celtic Gold Corporation

Go Capital I, Inc. ("Go Capital") (TSX VENTURE:GOC.P), a capital pool company as defined under Policy 2.4 of the TSX Venture Exchange (the "Exchange"), is pleased to announce that it has entered into a letter of intent dated February 17, 2013 (the "LOI") for the arm's length acquisition, through an option agreement, of the Ireland and Northern Ireland lead/zinc mining licenses of Focus Celtic Gold Corporation ("Celtic"), a company incorporated under the federal laws of Canada. Pursuant to the terms of the LOI and subject to completion of satisfactory due diligence and receipt of all necessary regulatory and Exchange approvals, the proposed acquisition of Celtic's Irish base metal mining licenses will qualify as Go Capital's "Qualifying Transaction" as defined by Exchange Policy 2.4.
About Focus Celtic Gold Corporation
Celtic currently holds several gold and base metal exploration licenses in Northern Ireland, Republic of Ireland and Scotland.
About Go Capital I, Inc.
Go Capital is a capital pool company within the meaning of the policies of the Exchange. Go Capital does not have any operations and has no assets other than cash. Go Capital's business is to identify and evaluate businesses and assets with a view to completing a Qualifying Transaction under the policies of the Exchange.
Trading of the common shares of Go Capital remains halted in connection with the dissemination of this press release, and will recommence at such time as the Exchange may determine, having regard to the completion of certain requirements pursuant to Exchange Policy 2.4. Further details of the proposed transaction, including the consideration to be paid, will follow in future press releases.
Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and if applicable pursuant to Exchange Requirements, majority of the minority shareholder approval. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all.
Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.
The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although Go Capital believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct. Except as required by law, Go Capital disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.
The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. 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.

Go Capital I, Inc.
Francis Mak
Chief Executive Officer
(416) 723-1101
gocapinc@gmail.com

Focus Celtic Gold Corporation
Manu Sekhri
manu.sekhri@ascendantsecurities.com

Source:
Go Capital Announces Proposed Qualifying Transaction With Focus Celtic Gold Corporation



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OSC Approves Release of Academy's Shares from Escrow
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Global Food Exchange and IFS Fund Announces Its Founders Will Be Presenting at the Accredited Members Spring Micro Cap Investor Conference in Las Vegas
Global Food Exchange Founder, Richard Lackey, and IFS Fund Founder, John Schiffner, will be presenting at the Accredited Members Spring Small Cap/Micro Cap Conference, being held at the JW Marriott...

Global Food Exchange and IFS Fund Announces Its Founders Will Be Presenting at the Accredited Members Spring Micro Cap Investor Conference in Las Vegas

Global Food Exchange Founder, Richard Lackey, and IFS Fund Founder, John Schiffner, will be presenting at the Accredited Members Spring Small Cap/Micro Cap Conference, being held at the JW Marriott Resort and Spa on February 27th, 28th, and March 1st.Mr. Lackey and Mr. Schiffner will be presenting at 9:54am, 2/28, in the Grand Ballroom.
Accredited Members extends one complimentary admission for first time investor attendees and invites you to register at www.InvestAMI.com.The conference is open to accredited investors, fund/wealth managers, angel groups, and investment firms.
Accredited Members would like to thank the sponsors, Burns, Figa &Will, P.C. and Centennial State Financial for their participation.
About the Global Food Exchange: Through the creation of the Global Food Exchange(GFE), the world's most in demand commodities: food and water, have become the world's newest asset class.Through the uniquely benevolent structure of the GFE, investors can earn respectable profits while helping to save lives around the world.
About the IFS Fund: As an Introducing Member to the GFE, the International Food Security Fund (IFS Fund) directs the investments of its clients with a vision for resolving a global inefficiency that costs millions of lives through the provision of nutritious food and clean water to agencies in a highly efficient manner.
Safe Harbor Notice: The presentation at this event may contain forward-looking statements. These statements may relate to future events or the future financial performance of the IFS Fund.Any statements that are not statements of historical fact (including without limitation statements to the effect that the Company or its management "believes", "expects", "anticipates", "plans" (and similar expressions) should be considered forward looking statements. There are a number of important factors that could cause IFS Fund's actual results to differ materially from those indicated by the forward-looking statements. IFS Fund disclaims any obligation to update any forward-looking statement.

Contact:
Mr. John Schiffner
Managing Director
IFS Fund, LLC
1.800.380.6377
john@IFSfund.com

Source:
Global Food Exchange and IFS Fund Announces Its Founders Will Be Presenting at the Accredited Members Spring Micro Cap Investor Conference in Las Vegas



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OSC Approves Release of Academy's Shares from Escrow

ACADEMY EXPLORATIONS LIMITED ("Academy" or the "Company"). On August 31, 2012, the Ontario Securities Commission approved the Company's request in Ontario to amend an existing escrow agreement among the Company, its transfer agent and certain security holders of the Applicant entered into on May 25, 1977 (the Escrow Agreement). The Company's request for approval is made pursuant to section 3 of the Escrow Agreement. The Commission advised that, based upon the representations contained in the request for approval correspondence, the Director of the Ontario Securities Commission, as principal regulator, approves of the amendment to the Escrow Agreement whereby the following common shares of the Company will be released from escrow (the Escrow Shares):
Ronpaul Investments Limited 168,750 Common Shares
Rae Appleby 461,250 Common Shares
The Commission's approval of the amendment to the Escrow Agreement is based on the following conditions:
1. the Company issues a news release, notifying the market of and setting out the date of the release of escrow securities, at least 60 days before the release of the escrow securities; and
2. the release date of the Escrow Shares is at least 60 days after the news release.
In accordance with the Commission's approval, the escrowed securities set out above will be released from escrow on April 26, 2012. The Commission's approval does not constitute an exemption from the provisions of Canadian securities laws which may require a shareholder to comply with certain terms and conditions prior to or after any sale of its shares.
ABOUT ACADEMY
Academy is presently not trading on any exchange and does not currently carry on any active business. Management's strategy is to stay liquid while searching for an appropriate opportunity with a private corporation that is looking to expand its operations by acquiring control of, or investment capital from, a publicly owned company such as Academy. Management has decided to invest in public and private mutual funds without jeopardizing liquidity with the potential to earn greater income albeit with higher risk than investing solely in guaranteed investment certificates Academy has looked at some prospective deals. In all cases the private corporation was not yet mature enough or the amount to be invested was too great relative to our capital resources. By mature, the Company means their length of time in business was greater than two years, their latest annual gross revenue was greater than one million dollars, and latest annual net profit was greater than 5%.
All shareholders have the ability to receive a hard copy of the Escrow Agreement and the Commission's approval free of charge upon request. Should you wish to receive these documents, in hard copy, or for further information, please contact the Paul Appleby, CFO of the Company at 416-530-0070, or e-mail 007@pathcom.com.
Caution Regarding Forward-Looking Statements - This news release contains certain forward-looking statements, including statements regarding the business and anticipated financial performance of Academy. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. Academy does not undertake to update any forward looking statements, oral or written, made by itself or on its behalf.

Academy Explorations Limited
Paul Appleby
CFO
416-530-0070
416-533-0007 (FAX)
007@pathcom.com

Source:
OSC Approves Release of Academy's Shares from Escrow



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Saturday, February 2, 2013

Tembo Engages Torrey Hills Capital for U.S. Investor Relations


Tembo Gold Corp. (TSX VENTURE:TEM)(OTCQX:TBGPF)(FRANKFURT:T23) ("Tembo" or the "Company") is pleased to announce that it has engaged San Diego Torrey Hills Capital, Inc. ("Torrey Hills") to provide investor relations services through investor road show meetings, public relations, and online media.
Torrey Hills is a leading investor and financial public relations firm specializing in small and micro-cap companies, primarily in the natural resource sector. Torrey Hills will increase awareness of Tembo through presentation meetings with investment professionals, investment advisors, and money managers focused on the microcap market space.
Torrey Hills will also profile Tembo on its website, www.babybulls.com, which showcases and provides exposure for emerging micro-cap companies to an audience of proven micro-cap investors.
Torrey Hills has been engaged on a month-by-month basis at a monthly fee of US$5,000 and will be granted stock options to purchase up to 200,000 common shares of Tembo for a period of three years at a price of $0.50 per share. The Options shall be subject to the terms of the Company's stock option plan and will vest in accordance with the provisions therein and the policies of the TSX Venture Exchange.
The appointment of Torrey Hills as an investor relations consultant of Tembo and the granting of the Options remain subject to regulatory acceptance of applicable filings with the TSX Venture Exchange.
About Torrey Hills Capital Inc.
Torrey Hills is a leading financial investor and public relations firm focused on small and micro-cap companies which trade in the United States, Canada, and Australia. Their marketing activities articulate their clients' key investment attributes, strategic direction, and financial expectations, all of which combine to ensure that their market value fully reflects past achievements and future opportunities. Torrey Hills focuses on a limited number of companies in order to provide comprehensive coverage, including unique investment related features not available anywhere else.
About Tembo Gold Corp.
Tembo is a Canadian publicly listed mineral exploration company focused on the exploration and development of gold projects in Tanzania and the rest of Africa. The Company currently has a 100% interest in the Tembo Gold Project that is located adjacent to African Barrick's Bulyanhulu Mine in the prolific Lake Victoria Greenstone belt in Tanzania. The company is led by a highly experienced team with a proven history of developing, financing, and operating mining projects in Africa.
On Behalf of the Board of Directors of Tembo,
David Scott, President & CEO
Forward-Looking Statements
Certain information set out in this news release constitutes forward-looking information. Forward looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "intend", "could", "might", "should", "believe" and similar expressions. In particular, this news release contains forward-looking statements in respect of the use of the net proceeds from the Private Placement, the completion and timing of additional closings of the Non-Brokered Private Placement, the payment of certain finders' fees and the listing of the Common Shares on the TSXV. Forward-looking statements are based upon the opinions and expectations of management of the Company as at the effective date of such statements and, in certain cases, information provided or disseminated by third parties. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, and that information obtained from third party sources is reliable, they can give no assurance that those expectations will prove to have been correct. With respect to forward-looking statements contained in this news release, the Company has made assumptions regarding, among other things, the ability to develop the Company's properties, the economic climate in the jurisdictions where the Company carries on operations and commodity prices. Although the Company believes that the expectations reflected in the forward-looking statements contained in this document, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, a significant drop in the price of gold, political turmoil in Tanzania and other risk factors set forth in the Company's continuous disclosure. Readers are cautioned that this list of risk factors should not be construed as exhaustive. These statements are made as at the date hereof and unless otherwise required by law, the Company does not intend, or assume any obligation, to update these forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Tembo Gold Corp.
Marc Cernovitch
Director & VP Business Development
416.619.9010
mcernovitch@tembogold.com
www.tembogold.com

Apex Capital Inc.
Brett Allan
416.907.4148
ballan@apexcap.ca

Torrey Hills Capital
Jim Macdonald
858.456.7300
jmacdonald@torreyhillscapital.com

Source:
Tembo Engages Torrey Hills Capital for U.S. Investor Relations



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