About Lake Resources NL: Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world's lithium is produced at the lowest cost. This method will enable Lake Resources to be an efficient, responsibly-sourced, environmentally friendly and cost competitive supplier of high-purity lithium, which is readily scalable, and in demand from Tier 1 electric vehicle makers and battery makers.
Contact: For media queries, please contact: Nigel Kassulke at Teneo M: +61-407-904-874 E: Nigel.Kassulke@teneo.com
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Lake Resources (ASX: LKE,OTCQB:LLKKF) is a lithium exploration and development company focused on producing high-purity, sustainable lithium at a low-cost from its three wholly-owned lithium brine projects in Argentina. The projects lie within one of the most sizable, wholly-owned land packages amongst the largest players within the Lithium Triangle — home to 40 percent of the world's lithium supply.
Lake Resources is primarily advancing its wholly owned Kachi lithium project which is approximately 100 kilometres south of the FMC Lithium (NYSE: LTHM) Hombre Muerto lithium brine production site. The property hosts a 2018 mineral resource estimate of 4.4 million tonnes of contained lithium carbonate equivalent. The report outlines an indicated resource of one million tonnes of lithium carbonate equivalent and an inferred resource of 3.4 million tonnes lithium carbonate equivalent.
March 2021, Lake Resources released a pre-feasibility study (PFS) for its Kachi lithium project, including a video webinar recording detailing the results. The PFS includes an annual production target of approximately 25,500 tonnes of battery-grade lithium carbonate using Lilac Solutions' direct lithium extraction (DLE) technology. The study was based on Kachi's indicated resource of 1.01 million tonnes lithium carbon equivalent (LCE) at 290 mg/L lithium. The study projects an operating cost of US$4,178 per tonne, totalling approximately US$544 million in total capital expenses.
Lake Resources has partnered with Lilac Solutions to build a direct extraction pilot plant at the Kachi project. Lilac Solutions has developed a proprietary ion-exchange technology for the extraction of lithium from brine resources. It’s capable of achieving high recoveries, at minimal cost, with rapid processing times, all while providing numerous environmental benefits —- particularly water preservation. The proposed plant involves strategic partnerships with Ford Motor and Hanwa. Katchi aims to provide the world’s cleanest lithium using its unique procedure.
Together with its technology partner Lilac Solutions, Lake Resources has begun producing samples of lithium chloride from its direct lithium extraction pilot plant module. The samples taken from the pilot plant have consistently returned high concentrations of lithium chloride, at an average of 99.97 percent purity. The process results in less water use, limited land use, and reduced carbon dioxide emissions. Its technologically disruptive approach is designed specifically for scalability, with a modular structure that, “...produces high purity lithium, and can be ramped up quickly from pilot to commercial,” according to Steve Promnitz, managing director.
Lake Resources has appointed Hazen Research, a Colorado-based independent assay laboratory, to produce larger samples of its battery-quality lithium carbonate. Through its partnership with Hazen, Lake Resources intends to offer its product to potential off-takers and other interested parties. In addition to its partnerships with Hazen and Lilac, Lake Resources has appointed Novonix Battery Technology Solutions, a Nova Scotia-based independent testing and development laboratory, to create lithium battery test cells using Lake's lithium carbonate.
The Cauchari and Olaroz lithium brine projects are adjacent to one another and are surrounded by major players such as Lithium Americas (TSXV:LAC), SQM (NYSE:SQM), Ganfeng Lithium, and Advantage Lithium(TSXV:AAL). Lake Resources is currently drilling on the Cauchari project and plans to commence drilling at Olaroz once finished at Cauchari. Drilling at Cauchari has so far returned values up to 540 mg/L lithium on the project. Lake Resources hopes to prove that both projects are extensions of the neighbouring projects.
Lake Resources' wholly-owned Kachi lithium brine project encompasses 36 mining leases that cover 69,000 hectares in Catamarca province, Argentina. The property is approximately 100 kilometers south of the Livent (NYSE:LTHM) Hombre Muerto lithium brine production site. The Kachi property also covers a 20-kilometer by 15-kilometer salt lake.
In November 2018, Lake Resources released its maiden resource for the Kachi project. The report outlined a resource estimate of 4.4 million tonnes of contained lithium carbonate equivalent. The report included an indicated resource of one million tonnes of lithium carbonate equivalent and an inferred resource of 3.4 million tonnes lithium carbonate equivalent.
"We are very pleased to report such a significant maiden JORC mineral resource estimate for Kachi. The team advanced drilling within 12 months on an undrilled project and defined a large resource and located a project that stands alongside the largest lithium projects in Argentina," said Lake Resources Managing Director Stephen Promnitz. "We will expand the resource with more drilling and move into a pre-feasibility study using conventional and a direct extraction technology from Lilac Solutions which indicate high recoveries, low costs and a reduced time to production of lithium."
In 2017, Lake Resources completed a sampling and drill program at Kachi as well as a geophysical survey. The company collected 40 surface samples along the border of the salt lake that returned values up to 322 mg/L of lithium and 209 mg/L of lithium. The geophysical survey outlined a large, deep basin with brines between 400 meters to 800 meters deep. There is the potential to expand the brines at depth and to the south and west.
Drilling resulted in the discovery of a large, deep lithium brine-bearing basin that is similar in size to producing lithium projects across the globe. Highlights from the program include 308 mg/L of lithium and 60 meters grading 326 mg/L of lithium. The results also contained low impurities and magnesium content. Six of the seven holes completed remain open at depth.
In September 2018, Lake Resources partnered with Lilac Solutions to further the development of the Kachi project. Lilac Solutions has developed a proprietary ion-exchange technology for the extraction of lithium from brine resources.
The technology can achieve high recoveries with minimal costs and has rapid processing times when compared to using evaporation ponds. It also provides numerous environmental benefits as it eliminates the need for evaporation ponds and decreases the footprint of the operation. The technology also allows for the remaining brine to be re-injected into the aquifer.
"Lake Resources is delighted to be partnering with Lilac on a rapid, direct extraction process of lithium from brines. We have reviewed a number of technologies, and we consider Lilac to offer a compelling opportunity to be reviewed in tandem with conventional methods as part of a pre-feasibility study," said Promnitz, "The potential to reduce the timeline to production at low-cost is a major advantage in the current market with a constrained supply of lithium. Increased recoveries indicate that 300 mg/L lithium brine would produce similar volumes of final product as 600 mg/L lithium brine."
Lilac and Lake Resources plan to build a pilot plant at Kachi to demonstrate the viability of the technology. Lake Resources expects to be able to increase its lithium grade to 25,000 mg/L lithium and to produce a clean lithium hydroxide or lithium carbonate product for the battery market. Lake Resources is targeting pre-production at Kachi in early 2020 at the pilot plant.To aid in the development of the pilot plant and PFS, Lake Resources has appointed SD Capital Advisory Limited to secure up to US$25 million to finance the project's development.
In May 2020 Lake Resources released a PFS on the Kachi property with a target of producing 25,500 tonnes of battery-grade lithium carbonate equivalent (LCE), using Lilac's direct extraction technology at an operating cost of US$4,178 per tonne. The study was based on an indicated resource of 1.01 million tonnes LCE at 290 mg/L lithium. "The PFS highlights the cost-competitive nature and scale of the flagship Kachi project using direct extraction, but has the benefit of producing high-purity products capable of attracting premium pricing, while being a leader in sustainable lithium desired by Tier-One electric vehicle makers," said Managing Director Steve Promnitz.
The company is also in discussions with various downstream partners in the battery industry to secure future offtake agreements and additional funding for the project's development. In 2022, the company announced partnership opportunities with Ford Motor and Hanwa, a Japan-based trader. The non-binding memorandums of understanding for offtake proposal of the clean lithium provides meaningful financial opportunities for the company. Lilac’s ion exchange is proven through extensive testing at the pilot plant, allowing faster-to-market, high-recovery solutions that are environmentally sustainable.
The wholly-owned Cauchari and Olaroz lithium brine projects are adjacent to one another and surrounded by significant players in Jujuy province in Argentina. The projects are adjacent to the Orocobre's Olaroz lithium brine operations and projects under development by Lithium Americas (ICX:LAC), SQM (NYSE:SQM), Ganfeng Lithium, and Advantage Lithium.
Lake Resources began drilling on the Cauchari project, which has never been drilled before, in April 2019. The company encountered conductive lithium brines with values up to 480 mg/L of lithium at depths of approximately 186 meters at Cauchari. The results compared favourably with the results from nearby pre-production areas that are currently under development.
In August 2019, Lake Resources announced its final results which included a significant high-grade lithium discovery at Cauchari. Higher grades averaging 493 mg/L lithium over 343 meters were recovered and the highest result returned 540 mg/L lithium.
Drill plans are currently in the works for Olaroz, which has not been drilled before either. Lake Resources hopes to prove that both projects are extensions of the other projects in the area and is targeting the same aquifers as its neighbours.
The 72,000-hectare Catamarca pegmatite project is located in Ancasti, Catamarca Province and is 50 kilometers east of the city Catamarca. The project is accessible year-round. The area has hosted historical small-scale production for lithium-bearing spodumene pegmatites over a 150-kilometer area. Latin Resources (ASX:LRS) holds mining leases adjacent to the property and has received results of 4.9 percent lithium oxide and 7.1 percent lithium oxide from old mine workings.
The 290-square-kilometer Paso lithium brine project is a wholly-owned project in the Jujuy Province in Argentina. The province is adjacent to the border of Chile and is immediately west of Orocobre's Olaroz lithium brine operations. Lake Resources' initial sampling program returned elevated results. The company has applied for the requisite drilling and exploration permits to continue its exploration on the property.
The Directors have solid backgrounds in minerals exploration, mining engineering, mine management, finance, law and accounting, with a wealth of international experience.
Stuart Crow has global experience in financial services, corporate finance, investor relations, international markets, salary packaging, and stockbroking. He is passionate about assisting emerging and listed companies in attracting investors and capital. Crow has gained significant experience by owning and operating his own businesses.
Dr. Nick Lindsay has over 25 years of experience in Argentina, Chile and Peru, performing in technical and commercial roles in the resources sector with major and mid-tier companies, as well as start-ups. He has a bachelor’s of science degree in geology, with honours and a master’s of business administration degree. With a PhD in metallurgy and materials engineering, Dr. Lindsay is an expert in the field. A fluent Spanish speaker, he has successfully taken companies in South America, such as Laguna Resources, which he led as managing director, from inception to listing, through to development and subsequent acquisition. Dr. Lindsay is currently CEO of Manuka Resources, an unlisted company, and has previously held the position of president of Chilean operations for Kingsgate Consolidated. He is a member of the AusIMM and the AIG and holds a Bachelor of Science (Honours) in Geology, a PhD in Metallurgy and Materials Engineering as well as an MBA.
Dr. Robert Trzebski is currently chief operating officer of Austmine and holds a degree in geology, a master’s degree in project management, a PhD in geophysics, and has over 30 years of professional experience in project management and mining services. He holds considerable operating and commercial experience in Argentina and Chile, as a non-executive director of Austral Gold since 2007, listed on the ASX and TSXV. He is chairman of the audit and risk committee at Austral Gold. His role with Austmine has allowed him to develop considerable contacts across the operating and technology space of the global resources industry. Dr. Trzebski is also a fellow of the Australian Institute of Mining and Metallurgy and is fluent in Spanish, German, and English.
Amalia Sáenz was appointed a non-executive director in July 2021. An experienced energy and natural resources lawyer based in Buenos Aires, Sáenz is assisting Lake Resources and its local team in Argentina in engaging with local stakeholders and preparing for the development of clean lithium in Argentina. She is a partner at the law firm, Zang, Bergel & Viñes in Buenos Aires, where she leads the firm’s energy and natural resources practice.A leading member of the Association of International Petroleum Negotiators, Sáenz has extensive experience in energy and resources, including mergers and acquisitions, financing, joint venture, and operating agreements in Argentina. She has also worked in Central Asia and the United Kingdom, gaining experience in exploration and production development across international borders and cultures
Peter is a chartered accountant with more than 20 years’ experience in all facets of financial management, asset management, and leadership. He has served in a range of positions including as CFO, company secretary, finance manager, and other senior executive positions for a number of listed and unlisted companies in the energy and natural resources sector. Among the companies Neilson has worked with are Barrick, Xstrata, and Round Oak. He has been involved in reducing operating expenses up to AU$100M through cost analysis, performance improvements and contract negotiations, acquisitions of up to $80M and managed revenues in excess of AU$5 billion.
Mr Miller has significant experience and skills in project execution, supply chains, contracts and procurement, and project optimisation. He has overseen the successful delivery of multibillion dollar projects in both Australia and international markets. He has broad experience including general management, strategic planning, supply chain, finance, legal, information technology, sustainable development and human resources in both greenfield projects and brownfield sites. His prior roles include being head of commercial operations for The Carmichael Rail Project in Queensland; Commercial Development Director at the Kamoto Copper Company Copper and Cobalt mine in Katanga province of the Democratic Republic of Congo; Manager - Contracts & Procurement for Glencore's North Queensland Metals; and Superintendent Metal Handling at Rio Tinto's Boyne Smelters Ltd.
About Lake Resources NL: Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world's lithium is produced at the lowest cost. This method will enable Lake Resources to be an efficient, responsibly-sourced, environmentally friendly and cost competitive supplier of high-purity lithium, which is readily scalable, and in demand from Tier 1 electric vehicle makers and battery makers.
Contact: For media queries, please contact: Nigel Kassulke at Teneo M: +61-407-904-874 E: Nigel.Kassulke@teneo.com
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About Lake Resources NL: Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world's lithium is produced at the lowest cost. This method will enable Lake Resources to be an efficient, responsibly-sourced, environmentally friendly and cost competitive supplier of high-purity lithium, which is readily scalable, and in demand from Tier 1 electric vehicle makers and battery makers.
Contact: For media queries, please contact: Nigel Kassulke at Teneo M: +61-407-904-874 E: Nigel.Kassulke@teneo.com
News Provided by ABN Newswire via QuoteMedia
About Lake Resources NL: Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world's lithium is produced at the lowest cost. This method will enable Lake Resources to be an efficient, responsibly-sourced, environmentally friendly and cost competitive supplier of high-purity lithium, which is readily scalable, and in demand from Tier 1 electric vehicle makers and battery makers.
Contact: For media queries, please contact: Nigel Kassulke at Teneo M: +61-407-904-874 E: Nigel.Kassulke@teneo.com
News Provided by ABN Newswire via QuoteMedia
About Lake Resources NL: Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world's lithium is produced at the lowest cost. This method will enable Lake Resources to be an efficient, responsibly-sourced, environmentally friendly and cost competitive supplier of high-purity lithium, which is readily scalable, and in demand from Tier 1 electric vehicle makers and battery makers.
Contact: For media queries, please contact: Nigel Kassulke at Teneo M: +61-407-904-874 E: Nigel.Kassulke@teneo.com
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SNN Network, a global multimedia financial news and publishing company that focuses on delivering news, information, data and analytics for publicly traded microcap companies, today announced that the Q2 2022 Issue of the MicroCap Review Magazine is now available in digital format
Click here to read: MicroCap Review Q2 2022 Issue
"We are pleased to announce the Q2 2022 issue of the MicroCap Review," said Robert Kraft, SNN Inc. CEO. "Our focus for this issue is ‘Investing Globally.' We have incredible new content from our list of expert writers, influencers and opinion leaders in the MicroCap space discussing why investors and issuers are starting to look abroad, as well as global outlooks in specific sectors."
The Q2 2022 issue of MicroCap Review also includes profiles on public MicroCap companies, including:
MicroCap Review Q2 2022 Issue articles from leading thinkers and experts in the MicroCap space include:
This issue of the MicroCap Review Magazine is dedicated in loving memory of Igor Levental.
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Founded in 1998, SNN Network is a global multimedia financial news and publishing company that focuses on market awareness and investor visibility for public and pre-public microcap companies. In addition to its recently launched index and quarterly online magazine, SNN also broadcasts a microcap news podcast, the Planet MicroCap Podcast, and hosts investor conferences.
Investors and those who wish to receive the next issue of MicroCap Review Magazine, please follow the link here: SUBSCRIBE. Contact SNN at info@snnwire.com for advertising inquiries and questions about services.
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Premier Health of America Inc. (TSXV: PHA) (the " Corporation " or " Premier Health "), a leading Canadian Healthtech company, today announced that it is proceeding with a transition of the CFO functions and appoints Simon Belval as Interim Chief Financial Officer, effective immediately.
Simon Belval is a seasoned professional that has demonstrated strong abilities and leadership in finance and accounting functions including IFRS reporting, tax planning, financing, and risk management in different environments. He has held several leadership roles in the technology and fintech sectors and has developed over the years an expertise in managing strategic initiatives and special situations. He started his career as an external auditor and later acted as senior financial analyst for major organizations in Eastern Canada. Simon is a member of the Ordre des comptables professionnels agrées du Québec (CPA) and a Chartered Financial Analyst (CFA).
Premier Health is a leading Canadian Healthtech company that provides a comprehensive range of outsourced services solutions for healthcare needs to governments, corporations, and individuals. Premier Health uses its proprietary PSweb platform to lead the healthcare services sector digital transformation to provide patients with faster, cheaper and more accessible care services.
For Further Information Please Contact:
Mr. Jean-Robert Pronovost Vice-President, Corporate Development Premier Health of America Inc. jrpronovost@premierhealth.ca / 1 800 231 9916
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:
This press release contains forward-looking information based on current expectations. Statements about the date of trading of the Corporation's common shares on the Exchange and final regulatory approvals, among others, are forward-looking information. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. The Corporation assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. These factors and others are more fully discussed in the filings of the Corporation with Canadian securities regulatory authorities available at www.sedar.com.
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ScreenPro Security Inc. (CSE: SCRN) (OTCQB: SCRSF) ("ScreenPro" or the "Company") is pleased to announce that it's wholly owned subsidiary, Naturevan Nutrition Ltd. ("Naturevan"), will be distributed through Amazon starting October 1, 2022. The Company has entered into a partnership agreement with an Amazon supply agent, PTPT Stores Corp. ("PTPT") on September 12, 2022, for the distribution of the products to Amazon.
The Company is scheduled to deploy the first shipment through Amazon U.S.A on or about October 1, 2022, followed by Amazon Canada shortly after. Among twenty-two (22) of the Naturevan products, a few products have been chosen for the first roll out, including Probiotics for women, a top-selling supplement on the current Amazon market. Other supplements the Company is reviewing to distribute, which is subject to change, includes Aquamarine Collagen, rTG Omega3 and Cissus plus supplements.
Latest market research shows that Amazon generates approximately $283,000 worth of sales every minute and 89 percent of buyers are more likely to buy products from Amazon over other retailers. Furthermore, the sales of dietary supplements experienced a 54 percent increase with year-over-year growth on Amazon, with probiotics being the most popular dietary supplement sold. (Source: https://www.nutrasciencelabs.com/blog/quick-tips-to-get-approved-to-sell-dietary-supplements-on-amazon)
Additionally, the nutritional supplements market is reported to make $620.8 billion by 2030 according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 6.3% from 2022 to 2030. With health and fitness on an upscale trend, the Company expects to see great profitable return from the health and wellness market. (Source: https://www.benzinga.com/pressreleases/22/09/n28828852/nutritional-supplements-market-to-hit-620-8-billion-by-2030-grand-view-research-inc)
"With Amazon being one of the most prominent e-commerce platforms for distribution and sale of products, the Company is thrilled to start distributing Naturevan supplements through Amazon North America. With vitamin and supplement products showing strong sales forecasts, we are confident that the first roll out of products will exceed our expectations", said Andrew Ryu, Interim Chief Executive Officer and Chairman of the Company.
Naturevan is a provider of natural health supplements and products that are proudly made in Canada and distributed online and through agents across Canada. Canada's natural health supplement market is globally recognized as having first-rate standards and guidelines, so consumers are getting the highest standard of nutrition. To learn more about Naturevan and its products, visit www.naturevan.ca.
ScreenPro is a medical technology company that provides turnkey screening solutions with its proprietary medical alerting software. ScreenPro's unique access to multiple manufacturers of high-quality test kits and its strategic partnership with labs in British Columbia, Ontario and Quebec allows ScreenPro to be a full-service nationwide provider of COVID testing and breast cancer screening solutions across Canada. In addition, ScreenPro's subsidiary, Concierge Medical, is a group of board-certified physicians who provide private, discreet, and personalized healthcare to Canadians. ScreenPro prides itself in having its own medical doctors and nursing professionals with on the ground support staff and transportation, with access to high quality PPEs to ensure that clients are protected in all aspects of their testing needs. ScreenPro also newly introduced Naturevan Nutrition Ltd., to its portfolio, providing vitamins and supplements that are proudly made in Canada and distributed for sale online.
For additional information on ScreenPro and other corporate information, please visit the Company's website at www.screenprosecurity.com.
For more information about the Company, please refer to the Company's profile on SEDAR at www.sedar.com.
Neither the Canadian Securities Exchange (the "CSE") nor it's Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Priya Monique Atwal, Director of Communications Tel: (416) 901-5611 x 204 Email: priya@screenprosecurity.com
Andrew Ryu, Interim Chief Executive Officer and Chairman Tel: 416-901-5611 x 201 Email: aryu@datametrex.com
Certain statements contained in this news release may constitute forward‐looking information, including statements relating to the future development of ScreenPro's business. Forward‐looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward‐looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward‐looking information. The actual results of ScreenPro could differ materially from those anticipated in this forward‐looking information as a result of regulatory decisions, competitive factors in the industries in which ScreenPro operates, prevailing economic conditions, changes to ScreenPro's strategic growth plans, and other factors, many of which are beyond the control of ScreenPro. Management of ScreenPro believes that the expectations reflected in the forward‐looking information herein are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. Any forward‐looking information contained in this news release represents ScreenPro's expectations as of the date hereof and is subject to change after such date. ScreenPro disclaims any intention or obligation to update or revise any forward‐looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/137166
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ScreenPro Security Inc. (CSE: SCRN) (OTCQB: SCRSF) ("ScreenPro" or the "Company") is pleased to announce that its wholly owned subsidiary, Concierge Medical Consultants Inc. ("Concierge"), has introduced Intravenous Vitamin Therapy (IV Therapy) to its services in Toronto and Vancouver.
The Company has launched this new service with six (6) variations of Vitamindrip® products:
1)Hydration - A combination of IV hydration and vitamin additives to immediately eliminate dehydration in the body. 2)Recovery - This type of IV reduces cold and flu symptoms by booting the immune system. 3)Energy - Promotes adrenal function, mental alertness, and stress tolerance. 4)Cosmetic - Enriched with amino acids and active ingredients to repair and stimulate collagen growth naturally within your body. 5)Diet and Detox - Instantly detoxifies your body and boosts your energy with healthy vitamins to flush out unhealth toxins. 6)Immune Boost - Boost the body's immune system with vitamins, minerals, and amino acids.
Vitamindrip® products are used in hospitals and by healthcare professionals worldwide. Vitamindrip® is a scientifically formulated intravenous solution for effective treatment of moderate to severe dehydration, and has been found to be effective against asthma, migraines, fatigue, acute muscle spasm, upper respiratory tract infections, chronic sinusitis, seasonal allergic rhinitis, and other disorders. (Source: https://www.vitamindrip.com/science)
Infused with electrolytes and vitamins, IV Therapy provides immediate hydration into the bloodstream. Patients will experience a boost in energy levels and instantly feel replenished. IV Therapy removes toxins from the body and is an effective treatment to put nutrients back into the body, optimizing patient's overall health. (Source: https://www.vitamindrip.com/science)
"IV Therapy has seen tremendous demand and growth in the market. It also continues to be trending in popularity in the health and wellness industry. From boosting the immune system to helping patients achieve their best health with fast recovery, we are very excited to add this new service", said Andrew Ryu, interim CEO and Chairman of the Company.
To learn more about Concierge Medical's IV Therapy, visit: https://www.conciergemedical.ca/ivvitamintherapy.
To book an IV Vitamin Therapy Service, please visit: https://conciergemedicalca.janeapp.com/#staff_member/9.
For additional information and inquiries on Concierge Medical services please contact info@conciergemedical.ca
ScreenPro is a medical technology company that provides turnkey screening solutions with its proprietary medical alerting software. ScreenPro's unique access to multiple manufacturers of high-quality test kits and its strategic partnership with labs in British Columbia, Ontario and Quebec allows ScreenPro to be a full-service nationwide provider of COVID testing and breast cancer screening solutions across Canada. In addition, ScreenPro's subsidiary, Concierge Medical, is a group of board-certified physicians who provide private, discreet, and personalized healthcare to Canadians. ScreenPro prides itself in having its own medical doctors and nursing professionals with on the ground support staff and transportation, with access to high quality PPEs to ensure that clients are protected in all aspects of their testing needs. ScreenPro also newly introduced Naturevan Nutrition Ltd., to its portfolio, providing vitamins and supplements that are proudly made in Canada and distributed for sale online.
For additional information on ScreenPro and other corporate information, please visit the Company's website at www.screenprosecurity.com
For more information about the Company, please refer to the Company's profile on SEDAR at www.sedar.com.
Neither the Canadian Securities Exchange (the "CSE") nor it's Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Priya Monique Atwal, Director of Communications Tel: (416) 901-5611 x 204 Email: priya@screenprosecurity.com
Andrew Ryu, Interim Chief Executive Officer and Chairman Tel: 416-901-5611 x 201 Email: aryu@datametrex.com
Certain statements contained in this news release may constitute forward‐looking information, including statements relating to the future development of ScreenPro's business. Forward‐looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward‐looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward‐looking information. The actual results of ScreenPro could differ materially from those anticipated in this forward‐looking information as a result of regulatory decisions, competitive factors in the industries in which ScreenPro operates, prevailing economic conditions, changes to ScreenPro's strategic growth plans, and other factors, many of which are beyond the control of ScreenPro. Management of ScreenPro believes that the expectations reflected in the forward‐looking information herein are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. Any forward‐looking information contained in this news release represents ScreenPro's expectations as of the date hereof and is subject to change after such date. ScreenPro disclaims any intention or obligation to update or revise any forward‐looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/136955
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~Monfort to pay the cash dividend payment to shareholders of Series A Preferred Shares of record on September 23rd ~
Montfort Capital Corporation ("Montfort" or the "Company") (TSXV: MONT) (OTCQB: MONTF), a leading innovator of technology in private credit, today announced that the Company's board of directors has declared a quarterly cash dividend of $0.02 per Series A Preferred Shares ("Preferred Shares"), payable on September 29, 2022 to Series A preferred shareholders of record as at September 23, 2022 . The Corporation's dividend payments qualify as an 'eligible dividend' for Canadian income tax purposes.
Holders of Preferred Shares are entitled to receive fixed non-cumulative preferential cash dividends, if, as and when declared by the board of Directors of the Corporation at an annual rate equal to $0.08 per Preferred Share. Dividends, if declared, will be payable on the last day of December, March, June and September in each year, or if such day is not a business day, on the next business day, at a quarterly rate of $0.02 per Preferred Share.
About Montfort Capital Corporation Montfort manages a diversified family of specialized private credit brands that utilize focused strategies and experienced management teams combined with advanced technology to improve fee related performance. Montfort facilitates transparency for all of its investors through public company reporting. For further information, please visit www.montfortcapital.com .
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.
Certain information and statements in this news release contain and constitute forward-looking information or forward-looking statements as defined under applicable securities laws (collectively, "forward-looking statements"). Forward-looking statements normally contain words like 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing' and similar expressions, and within this news release include any statements (express or implied) respecting the future growth of the Company, the Company's future financial performance and the completion of the Company's previously announced acquisitions,the belief that the Company's business will get stronger in a rising rate environment, and the future declaration of dividends.
Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions and other factors that management currently believes are relevant, reasonable and appropriate in the circumstances, including, without limitation, the following assumptions: that the Company and its investee companies are able to meet their respective future objectives and priorities, assumptions concerning general economic growth and the absence of unforeseen changes in the legislative and regulatory framework for the Company; assumptions regarding the Company's ability to complete its previously announced acquisition on terms favourable to the Company.
Although management believes that the forward-looking statements are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Montfort's business. Material risks and uncertainties applicable to the forward-looking statements set out herein include, but are not limited to, the Company having insufficient financial resources to achieve its objectives; availability of further investments that are appropriate for the Company on terms that it finds acceptable or at all; successful completion of exits from investments on terms that constitute a gain when no such exits are currently anticipated; intense competition in all aspects of business; reliance on limited management resources; general economic risks; new laws and regulations and risk of litigation. Although Montfort has attempted to identify factors that may cause actual actions, events or results to differ materially from those disclosed in the forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, predicted, estimated or intended. Also, many of the factors are beyond the control of Montfort . Accordingly, readers should not place undue reliance on forward-looking statements. Montfort undertakes no obligation to reissue or update any forward-looking statements as a result of new information or events after the date hereof except as may be required by law. All forward-looking statements contained in this news release are qualified by this cautionary statement.
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ScreenPro Security Inc. (CSE: SCRN) (OTCQB: SCRSF) ("ScreenPro" or the "Company") is pleased to announce that the Company has appointed Mr. Andrew Ryu as the new interim Chief Executive Officer and Chairman effective September 8, 2022.
Lena Kozovski, former Chief Executive Officer, has stepped down from her duties as CEO and Director, but will remain with the Company until the end of the year to help with operations. The former Chairman, Michael Yeung, also stepped down from the board, effective today.
The Company would like to welcome back Mr. Ryu as he has greatly contributed and played a core role in the Company's success in the past. He previously served as interim CEO and Chairman of the Company. Mr. Ryu holds over 20 years of operational experience and is a highly seasoned M&A entrepreneur in public and private companies. He was also nominated as EY Entrepreneur of the Year in 2014. The Company would like to thank Mr. Ryu for accepting this role upon request by the Company and providing his expertise to help advance the Company during this pivotal phase.
Management would like to thank both Ms. Kozovski and Mr. Yeung for their past contribution towards the Company and wish them success in their future endeavours.
"It is with great pleasure that I take on the position as CEO of the Company and take the leadership role in operations to help contribute to the Company's success and its value. I believe my wealth of operational and entrepreneurial experience will take the Company to new heights and elevate ScreenPro to reach its highest potential," said Andrew Ryu, interim CEO and Chairman of the Company.
ScreenPro is a medical technology company that provides turnkey screening solutions with its proprietary medical alerting software. ScreenPro's unique access to multiple manufacturers of high-quality test kits and its strategic partnership with labs in British Columbia, Ontario and Quebec allows ScreenPro to be a full-service nationwide provider of COVID testing and breast cancer screening solutions across Canada. In addition, ScreenPro's subsidiary, Concierge Medical, is a group of board-certified physicians who provide private, discreet, and personalized healthcare to Canadians. ScreenPro prides itself in having its own medical doctors and nursing professionals with on the ground support staff and transportation, with access to high quality PPEs to ensure that clients are protected in all aspects of their testing needs. ScreenPro also newly introduced Naturevan Nutrition Ltd., to its portfolio, providing vitamins and supplements that are proudly made in Canada and distributed for sale online.
For additional information on ScreenPro and other corporate information, please visit the Company's website at www.screenprosecurity.com.
For more information about the Company, please refer to the Company's profile on SEDAR at www.sedar.com.
Neither the Canadian Securities Exchange (the "CSE") nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Priya Monique Atwal, Director of Communications Tel: (416) 901-5611 x 204 Email: priya@screenprosecurity.com
Andrew Ryu, Interim Chief Executive Officer, and Chairman Tel: 416-901-5611 x 201 Email: aryu@datametrex.com
Certain statements contained in this news release may constitute forward‐looking information, including statements relating to the future development of ScreenPro's business. Forward‐looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward‐looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward‐looking information. The actual results of ScreenPro could differ materially from those anticipated in this forward‐looking information as a result of regulatory decisions, competitive factors in the industries in which ScreenPro operates, prevailing economic conditions, changes to ScreenPro's strategic growth plans, and other factors, many of which are beyond the control of ScreenPro. Management of ScreenPro believes that the expectations reflected in the forward‐looking information herein are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. Any forward‐looking information contained in this news release represents ScreenPro's expectations as of the date hereof and is subject to change after such date. ScreenPro disclaims any intention or obligation to update or revise any forward‐looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/136293
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TSXV: JK OTCQB: JKHCF FRA: 68Z
Taiwan Consumers Can Now Access BistroRYU's Black Curry Through Multiple Third-Party Delivery Services
Just Kitchen Holdings Corp. ("JustKitchen" or the "Company") (TSXV: JK) (OTCQB: JKHCF) (FRA: 68Z) an operator of ghost kitchens specializing in the development of delivery-only food brands, announces that BistroRYU Black Curry (" BistroRYU ") was launched to consumers in Taiwan on August 17, 2022 via the JustKitchen app as well as via its network of third party delivery service providers.
BistroRYU is a famous Japanese restaurant located in Hakata, Fukuoka . JustKitchen began working with BistroRYU in February of 2022 via a brand swap agreement with TGAL Inc. pursuant to which the Company gained access to the Japanese local hero brand.
BistroRYU is known for its black curry which includes the flavour of pork bones, chicken bones, many spices, and vegetables. Black curry gets its name because all the ingredients are melted together, creating a black-coloured curry which has become popular over the years for its colour and taste. BistroRYU has grown from one store location to approximately 70 cloud kitchens in Japan .
Since being launched by the Company, consumers in Taiwan are now able to enjoy BistroRYU black curry dishes in the comfort of their own homes or at the office through JustKitchen's delivery partners including Ubereats and Foodpanda. To celebrate the launch of BistroRYU, the Company offered customers a 20% discount on applicable food orders.
"Adding BistroRYU to our brand portfolio is a win for our customers, based on how popular it is in Japan . Black curry is a delicious and unique product. Being able to offer it to consumers in Taiwan is part of what differentiates JustKitchen from the competition," said Jason Chen , Co-Founder and Chief Executive Officer of JustKitchen. "Indian inspired cuisine with a Japanese twist isn't something that most people experience every day. It's fun to bring a brand like BistroRYU to our home market and offer it to our loyal customers," added. Mr. Chen.
Just Kitchen Holdings Corp. (the " Company " or " Just Kitchen ") is primarily an operator of ghost kitchens specializing in the development and marketing of proprietary and franchised delivery-only food brands for customers and businesses. The Company currently operates in Taiwan , Hong Kong , the Philippines and Malaysia . It has also signed an agreement that will allow JustKitchen to sell several of its proprietary food brands in Japan and it has also signed a brand swap agreement in India . Where appropriate, JustKitchen utilizes a hub-and-spoke operating model, which features advanced food preparation taking place at larger hub kitchens and final meal preparation taking place at smaller spoke kitchens located in areas with higher population densities. The Company combines this operating model with online and mobile application-based food ordering via its proprietary mobile food ordering app and other third-party ordering apps. Delivery is fulfilled by third-party delivery companies, to minimize capital investments and operating expenses and reach more customers in underserved markets. The Company's other business, JustMarket, is an e-commerce grocery delivery platform that allows customers to purchase groceries for delivery or add select grocery items to meals ordered through JustKitchen.
For more information about the Company, please visit investors.JustKitchen.com. JustKitchen's final prospectus, financial statements and management's discussion and analysis, among other documents, are all available on the Company's profile page on SEDAR at www.sedar.com .
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur including but not limited to the Company's comments regarding consumers in Taiwan now being able to enjoy BistroRYU black curry dishes in the comfort of their own homes or at the office through JustKitchen's delivery partners including Ubereats and Foodpanda. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks, including those risk factors identified in the Company's prospectus dated March 26, 2021 , and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
SOURCE Just Kitchen Holdings Corp.
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