LONDON, UK / ACCESSWIRE / July 22, 2016 / Active Wall St. announces the list of stocks for today’s coverage. Pre-market the Active Wall St. team provides the technical notes impacting selected stocks trading on the Toronto Exchange and belonging under the Insurance industry. Companies recently under review include Manulife Financial, Sun Life Financial, Power Financial, and Great-West Lifeco. Get all of our research notes free by signing up at: http://www.activewallst.com/register/.

On Thursday, July 21, 2016, the TSX Composite Index advanced 0.22% to finish at 14,565.83. The Financials sector was down 0.73 basis points, or 0.29%, closing at 249.42.

Active Wall St. has initiated coverage on the following equities Manulife Financial Corporation (TSX: MFC), Sun Life Financial Inc. (TSX: SLF), Power Financial Corporation (TSX: PWF), and Great-West Lifeco Inc. (TSX: GWO). Register with us now for your free membership and more at: http://www.activewallst.com/register/.

Manulife Financial Corporation (TSX: MFC)

Toronto, Canada headquartered Manulife Financial Corp.’s stock edged 0.33% lower to close the day at $17.95. The stock recorded a trading volume of 1.63 million shares, which was below its three months average volume of 4.29 million shares. Manulife Financial’s shares have fallen by 2.29% in the last one month. The company’s shares are trading above their 50-day moving average. Moreover, the stock’s 200-day moving average of $18.27 is greater than its 50-day moving average of $17.94. Shares of Manulife Financial, which together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the U.S., traded at a PE ratio of 14.96. See our notes on MFC.TO at: http://www.activewallst.com/registration-3/?symbol=MFC.

Sun Life Financial Inc. (TSX: SLF)

On Thursday, shares in Toronto, Canada headquartered Sun Life Financial Inc. ended the session 0.60% lower at $43.09 with a total volume of 500,975 shares traded. Sun Life Financial’s shares have advanced 0.02% in the previous three months and 3.23% in the past one year. The stock is trading above its 50-day and 200-day moving averages. The company’s 50-day moving average of $42.89 is greater than its 200-day moving average of $41.73. Shares of the Company, which provides protection and wealth products and services to individuals and corporate customers globally, traded at a PE ratio of 11.61. The complimentary notes on SLF.TO at: http://www.activewallst.com/registration-3/?symbol=SLF.

Power Financial Corporation (TSX: PWF)

On Thursday, shares in Montréal, Canada-based Power Financial Corp. recorded a trading volume of 244,391 shares, which was lower than their three months average volume of 445,606 shares. The stock ended the day 0.49% lower at $30.27. Power Financial’s stock has declined 2.86% in the last one month. The Company is trading below its 50-day and 200-day moving averages. The company stock’s 200-day moving average of $31.33 is above its 50-day moving average of $30.57. Shares of Power Financial, which provides financial services in Canada, the U.S., Europe, and Asia, traded at a PE ratio of 10.80. Register for free and access the latest notes on PWF.TO at: http://www.activewallst.com/registration-3/?symbol=PWF.

Great-West Lifeco Inc. (TSX: GWO)

Winnipeg, Canada-based financial services holding company, Great-West Lifeco Inc.’s stock finished Thursday’s session 0.47% lower at $34.14 with a total volume of 189,719 shares traded. Over the last one month, Great-West Lifeco Inc.’s shares have fallen by 3.45%. The Company’s shares are trading below its 50-day and 200-day moving averages. Great-West Lifeco Inc.’s 200-day moving average of $34.69 is above its 50-day moving average of $34.38. Shares of the Company, which engages in life and health insurance, asset management, investment and retirement savings, and reinsurance businesses in Canada, the U.S., Europe, and Asia, traded at a PE ratio of 12.69. Get free access to your notes on GWO.TO at: http://www.activewallst.com/registration-3/?symbol=GWO.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com
Phone number: 1-858-257-3144
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 442706

LONDON, UK / ACCESSWIRE / July 22, 2016 / Active Wall St. announces the list of stocks for today’s coverage. Pre-market the Active Wall St. team provides the technical notes impacting selected stocks trading on the Toronto Exchange and belonging under the Major Integrated Oil & Gas industry. Companies recently under review include Suncor Energy, Husky Energy, Cenovus Energy, and Imperial Oil. Get all of our research notes free by signing up at: http://www.activewallst.com/register/.

On Thursday, July 21, 2016, the TSX Composite Index advanced 0.22%, to finish at 14,565.83. Active Wall St. has initiated coverage on the following equities: Suncor Energy Inc. (TSX: SU), Husky Energy Inc. (TSX: HSE), Cenovus Energy Inc. (TSX: CVE), and Imperial Oil Ltd. (TSX: IMO). Register with us now for your free membership and more at: http://www.activewallst.com/register/.

Suncor Energy Inc. (TSX: SU)

Calgary, Canada headquartered integrated energy company, Suncor Energy Inc.’s stock finished Thursday’s session 0.19% lower at $35.98 with a total volume of 1.63 million shares traded. Over the last one month and the previous one year, Suncor Energy Inc.’s shares have advanced 3.42% and 6.92%, respectively. Shares of the Company, which focuses on developing petroleum resource basins in Canada’s Athabasca oil sands, are trading above its 50-day and 200-day moving averages. Suncor Energy’s 50-day moving average of $35.54 is above its 200-day moving average of $34.41. See our notes on SU.TO at: http://www.activewallst.com/registration-3/?symbol=SU.

Husky Energy Inc. (TSX: HSE)

Calgary, Canada headquartered Husky Energy Inc.’s stock edged 0.13% lower, to close the day at $15.42. The stock recorded a trading volume of 719,139 shares, below its three months average volume of 1.48 million shares. Husky Energy Inc.’s shares have gained 1.92% in the last one month. Shares of Husky Energy, which together with its subsidiaries, operates as an integrated energy company, are trading above their 200-day moving average. Moreover, the stock’s 50-day moving average of $15.44 is greater than its 200-day moving average of $15.03. The complimentary notes on HSE.TO at: http://www.activewallst.com/registration-3/?symbol=HSE.

Cenovus Energy Inc. (TSX: CVE)

On Thursday, shares in Calgary, Canada headquartered Cenovus Energy Inc. ended the session 0.80% lower at $18.51 with a total volume of 1.58 million shares traded. Cenovus Energy Inc.’s shares have gained 1.65% in the last one month and 4.87% in the previous three months. The stock is trading above its 200-day moving average. The stock’s 50-day moving average of $18.56 is greater than its 200-day moving average of $17.60. Shares of the Company, which develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, traded at a PE ratio of 13.20. Register for free and access the latest notes on CVE.TO at: http://www.activewallst.com/registration-3/?symbol=CVE.

Imperial Oil Ltd. (TSX: IMO)

On Thursday, shares in Calgary, Canada headquartered Imperial Oil Ltd. recorded a trading volume of 152,996 shares, which was lower than their three months average volume of 656,007 shares. The stock ended the day 0.36% lower at $41.52. Imperial Oil Ltd.’s stock has gained 4.22% in the last one month and 2.32% in the previous three months. The Company is trading above its 50-day moving average. The stock’s 200-day moving average of $41.71 is above its 50-day moving average of $40.78. Shares of Imperial Oil, which explores for, produces, and sells crude oil and natural gas in Canada, traded at a PE ratio of 59.31. Get free access to your notes on IMO.TO at: http://www.activewallst.com/registration-3/?symbol=IMO.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com
Phone number: 1-858-257-3144
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 442705

LONDON, UK / ACCESSWIRE / July 22, 2016 / Active Wall St. announces its post-earnings coverage on General Motors Co. (NYSE: GM). The company announced its Q2 FY16 financial results on Thursday, July 21, 2016. The automaker posted a record financial quarter since filing for bankruptcy in July 2009, beating analysts’ estimates by a wide margin while it also raised its 2016 guidance. Register with us now for your free membership at: http://www.activewallst.com/register/.

Today, AWS is promoting its earnings coverage on GM. Get our free coverage by signing up to http://www.activewallst.com/registration-3/?symbol=GM.

Earnings Reviewed

For the quarter ended on June 30, 2016, GM’s net income rocketed 157% to $2.87 billion from $1.1 billion. The company’s EPS zoomed to $1.81 per share in Q2 FY16, from $0.67 per share in Q2 FY15. On an adjusted basis, GM’s earnings soared 44% to $1.86 per share, beating analysts’ average estimate of $1.49 per share. Revenue increased 11% to $42.4 billion, a record for the company, from $38.2 billion in the year-ago quarter, surpassing Wall Street’s estimate of $38.93 billion.

GM sold 2.4 million vehicles globally in Q2 FY16, which is equal to Q2 FY15 sales. Through June 30, 2016, the company sold 4.76 million vehicles globally. In the U.S., GM sold 1.44 million vehicles in H1 FY16. In China, GM and its joint ventures delivered a record 1.81 million vehicles during H1 FY16, an increase of 5.3% on y-o-y basis. In Europe, Opel/Vauxhall outperformed the industry with a 7% growth in sales to 621,000 vehicles in H1 FY16.

The Detroit-based car manufacturer earned a record $3.6 billion in adjusted earnings before interest and taxes in North America. Income from the company’s China operations remained steady at about $500 million. In Europe, GM earned $137 million profit, its first in the past five years. While GM’s South American operations lost $121 million due to economic woes.

“This was an outstanding quarter for GM,” said Mary Barra, the company’s chairwoman and chief executive officer, in a statement. Chief Financial Officer, Chuck Stevens, stated that the company’s sales to retail buyers were up due to strong demand for high-profit pickup trucks and SUVs.

“Our focus is to drive profitable retail share,” Stevens said. “I think the results speak for themselves.”

Brexit Woes

While performance in Europe was strong, GM cautioned that its European profit probably would not hold through the second half primarily due to Britain’s vote to exit the European Union. The company anticipated that damage to the British Pound and uncertainty in Europe would cost GM up to $400 million during the next six months. As per the company’s CFO, the automaker will evaluate everything over the long term, including the location of production of parts and vehicles in the market.

Guidance

In terms of its outlook for 2016 full year, GM now expects earnings in the range of $5.50 to $6.00 per share, up from the previous range of $5.25 to $5.75 per share. Analysts were projecting earnings of $5.65 per share.

Stock Performance

GM’s shares gained 1.71% to close Thursday’s trading session at $32.03, with a total volume of 36.28 million shares, marking its 12th consecutive higher close. GM’s shares have gained 8.54% in the past one month and 10.89% in the last 12 months.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com
Phone number: 1-858-257-3144
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 442714

VANCOUVER, BC / ACCESSWIRE / July 22, 2016 / VGrab Communications Inc. (OTCQB: VGRBF) (the “Company” or “VGrab”) a development stage company that through its VGrab platform creates an opportunity to combine both consumer and merchants together, and allows its members to promote their brands to specific groups of interest for a fraction of price, announced today that Nelson Da Silva has resigned as a director of the Company.

As consideration for Mr. Da Silva’s services, the Company agreed to issue Mr. Da Silva 300,000 shares of its common stock as fully paid an non-assessable. The shares will not be registered under the Act and may not be offered or sold within the United States or to U.S. persons unless an exemption from such registration is available.

To fill the vacancy caused by Mr. Da Silva’s resignation, the Company appointed Mr. Lim Hun Beng a director of the Company. Mr. Lim is a principal of Hampshire Group, the Company’s significant shareholder.

Mr. Lim (59) started his career in his early twenties. His main focus throughout the years has been strategic business and property development in the Asia, more specifically, Malaysia and China.

In 1992, Mr. Lim set up a joint-venture company with the local government of the city of Zhuhai, China to develop a 3.6 km² property, which includes Formula One standard race circuit, a 36-hole golf course, and a mix of residential and commercial buildings. In 2006, Mr. Lim founded Hampshire Group, the Company actively involved in green energy, environmentally-friendly property development and agriculture. In 2010 Mr. Lim took over Linear Group, a Malaysian corporation specializing in manufacturing and operating industrial HVAC projects.

For additional information, please refer to Form 8-K the Company filed with the Securities and Exchange Commission on July 22, 2016.

About VGrab

VGrab is a platform for any lifestyle from shopping to leisure. Through widely connected mega chains to the local street vendors, VGrab creates an opportunity to combine both consumer and merchants together by promoting brands to a specific group of interest for a fraction of price.

On behalf of the Board of Directors,

Jacek P. Skurtys, President

CONTACT INFORMATION

VGrab Communications Inc.
604-722-0041

SOURCE: VGrab Communications Inc.

ReleaseID: 442715

LONDON, ENGLAND / ACCESSWIRE / July 22, 2016 / Elon Musk made headlines with his recent “Master Plan, Part Deux,” a strategy to build solar power systems with integrated energy storage, plus an aggressive move to expand electric vehicle offerings across all major segments. In order to realize his dreams, Musk wants Tesla to purchase SolarCity, the biggest player in the rooftop solar business.

Tesla has received a lot of hype and excitement, as well as a healthy dose of criticism, but if there is one thing that Musk is not guilty of it is moving too cautiously.

If Tesla and Musk are to be successful, they will need to dramatically ramp up the production of lithium-ion batteries to power both Tesla’s line of EVs and to provide energy storage for solar systems. And there is one key ingredient that will make all of this work: lithium.

Lithium is only mined commercially in a few countries, most notably Chile and Argentina. But the U.S. state of Nevada also happens to have large deposits of lithium brine and it is not a coincidence that Musk chose Nevada as the site of his gigafactory, which will churn out batteries for Tesla vehicles.

It is hard to overstate the scale and significance of the gigafactory for the lithium industry. Musk’s gigafactory will require all the lithium production capacity that exists in the entire world. That gargantuan demand has led a whole range of lithium mining companies moving in to scoop up attractive acreage in Nevada. The coming tidal wave of batteries has also led lithium prices to skyrocket over the past year, sending the share prices of lithium miners soaring along with it.

One company that is particularly well-positioned Oroplata Resources (ORRP), which just floated earlier this month. It is sitting on 10,000 acres that have 500 mining claims in Nevada, with the option of acquiring another 12,000 acres. Oroplata is also focusing on lithium brine, a cheaper and easier-to-produce resource relative to rock mining.

Just ahead of its float, Oroplata Resources reported exciting results at its Western Nevada Basin project, a 100 percent company-owned project where it found high concentrations of lithium. Oroplata is confident that the results prove the potential profitability of its play, which is located not too far from Tesla’s gigafactory. Oroplata has a management team with extensive mining experience in different parts of the world, which should help it carry out the next phase of its operations.

The interesting thing about companies like Oroplata are their small market caps – Oroplata’s is less than $70 million – which present a lot of potential upside to investors. In fact, with a large portion of lithium production coming from massive integrated companies that are diversified across multiple sectors, such as Albermarle (NYSE:ALB) and SQM (NYSE: SQM) the only way for investors to gain exposure to lithium is from a handful of pure-play lithium producers.

Lithium has been dubbed the “new gasoline” by Goldman Sachs, and there are few other commodities that are showing such a tightness in supply looking forward. The EV market is growing explosively, but it is still early days. With new EV models set to hit the market, growth rates will only accelerate.

And Tesla’s announcement that it will take over SolarCity and build backup storage devices for solar PV panels highlighted the fact that the energy storage market, which is even less mature than the market for EVs, is also set to take off.

That means that little companies like Oroplata Resources will see extraordinary demand for their lithium volumes for the foreseeable future.

By. James Burgess of Oilprice.com

Legal Disclaimer/Disclosure: This piece is an advertorial and has been paid for. This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. No information in this Report should be construed as individualized investment advice. A licensed financial advisor should be consulted prior to making any investment decision. We make no guarantee, representation or warranty and accept no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of Oilprice.com only and are subject to change without notice. Oilprice.com assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this Report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Furthermore, we assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information, provided within this Report.

SOURCE: Oilprice.com

ReleaseID: 442701

ZURICH, SWITZERLAND / ACCESSWIRE / July 22, 2016 / Today, Stephan Bogner from Rockstone Research published update on Golden Dawn Minerals Inc. (TSX.V: GOM) as the company announced material news yesterday. To get funding for project acquisitions and capital expenditures (CAPEX) in order to go into production are one of the biggest hurdles for juniors. Yesterday, Golden Dawn has taken a bit step in leaving both hurdles behind, advancing to a potentially highly profitable gold producer in British Columbia within the next few months. According to yesterday’s announcement, San Francisco based private equity fund RIVI Capital intends to pay Golden Dawn $4 million USD in 2 tranches, which will fund CAPEX to resume mining, processing and purchase of the Greenwood Project consisting of a modern 220/400 t/day flotation mill as well as the Lexington-Grenoble and Golden Crown Mines, located 500 km east of Vancouver B.C. near the City of Greenwood on TransCanada Highway #3.

The full report can be accessed with the following links:

English (PDF):

http://rockstone-research.com/images/PDF/GoldenDawn2en.pdf

English (web version):

http://rockstone-research.com/index.php/en/research-reports/1278-Golden-Dawn-secures-funding-to-go-into-gold-production-in-BC

German (PDF):

http://rockstone-research.com/images/PDF/GoldenDawn2de.pdf

Disclaimer:
Please read the full disclaimer within the full research report as a PDF as
fundamental risks and conflicts of interest exist.

SOURCE: Rockstone Research

ReleaseID: 442712

Phase II surface and sub-surface sampling on the Zeus claim group that is contiguous with the Hades claims returned lithium values ranging from 206 ppm to a high of 1,670 ppm with an average value of 750 ppm lithium

VANCOUVER, BC / ACCESSWIRE / July 22, 2016 / Noram Ventures Inc. (TSX-V: NRM and Frankfurt: N7R) (“Noram” or the “Company”) is pleased to report that a large previously drilled bore hole has been encountered during initial Phase I surface and sub-surface sampling on its Hades lithium/clay claim group (Photo 1). The Hades claim group is located ~5 kilometers south of Albemarle’s Silver Peak Lithium Mine, which has been in production since 1966 and is the only lithium brine production operation in North America.

The Phase I sampling program was carried out by Noram’s independent technical consultant, Bradley Peek, MSc and PGeo, who encountered the 4+ foot diameter by ±200 foot bore hole and a surrounding spoils pile of claystone left behind from the boring process (Photo 2). A total of nine (±2 kg) samples were taken from around the spoils pile with initial sample results confirming the tan calcareous claystone is lithium-rich with values up to 1,030 ppm lithium. Visual observations indicate that the tan claystone extends down to at least 8 feet below the bore hole opening.

Table 1 – Initial Sample Results

The samples were crushed, split, a portion was pulverized and a one-gram aliquot analyzed by ALS Chemex method ME-MS61 (48 elements, including lithium, four-acid ICP-MS).

These results indicate the potential for a large mass of lithium mineralized claystones commencing at surface and extending to yet unknown depths. Sub-surface exploration in the form of shallow drilling will be required to determine a preliminary resource estimate of the lithium and potassium contained within the near-surface area central to the Hades claim group. Additional surface sampling to expand the at-surface area of lithium mineralization is also expected in follow-up exploration programs, along with channel sampling to confirm the continuity of the lithium mineralization.

“This is a very exciting discovery as it provides our exploration team with confirmation of high levels of lithium in the area of the Hades claim group,” said Mark Ireton, President of Noram.

Reconnaissance sampling of outcrops in the central portion of the Hades claim group has been completed and assay results show that the green clay rich, salty evaporite units are mineralized with lithium, potassium, sodium and magnesium with anomalous strontium and phosphorus. The Hades claim group include additional areas of similar green claystone evaporites, which have yet to be sampled.

Noram is amassing one of the largest land packages in Nevada’s Clayton Valley. Its non-contiguous North and South Blocks now total 888 claims covering 17,738 acres and are positioned both north and south of Albemarle’s Silver Peak mine, North America’s only lithium producer (see Figure 1).

Michael Collins, P.Geo., and independent Qualified Person as defined in National Instrument 43-101, has reviewed and approved the technical content of this news release on behalf of the Company.

About Noram Ventures Inc.:

Noram Ventures Inc. (TSX-V: NRM Frankfurt: N7R) is a Canadian based junior exploration company, with a goal of becoming a force in the Green Energy Revolution through the development of lithium and graphite deposits and becoming a low-cost supplier for the burgeoning lithium battery industry. The Company’s primary business focus since formation has been the exploration of mineral projects that include the lithium projects in Clayton Valley in Nevada and the Jumbo graphite property in southeastern British Columbia. Noram’s long term strategy is to build a multi-national lithium-graphite dominant industrial minerals company to produce and sell lithium and graphite into the markets of Europe, North America and Asia. Please visit our web site for further information: www.noramventures.com.

ON BEHALF OF THE BOARD OF DIRECTORS

/s/ “Mark R. Ireton”
President & Director

This news release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company. The following are important factors that could cause the Company’s actual results to differ materially from those expressed or implied by such forward looking statements; the uncertainty of future profitability; and the uncertainty of access to additional capital. These risks and uncertainties could cause actual results and the Company’s plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and expressed qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking information should circumstance or management’s estimates or opinions change.

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.

SOURCE: Noram Ventures Inc.

ReleaseID: 442700