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RIVERSIDE RESOURCES INC. Announces $1,500,000 Private Placement

GlobeNewswire
THIS NEWS RELEASE IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN

VANCOUVER, British Columbia, Feb. 13, 2019 (GLOBE NEWSWIRE) — Riverside Resources Inc. (the “Company” or “Riverside”) (RRI.V), is pleased to announce that it plans to complete a non-brokered private placement of up to 9,375,000 units at a price of $0.16 per unit to raise aggregate proceeds of C$1,500,000 (the “Offering”).

Each unit consists of one common share and one whole common share purchase warrant. Each common share purchase warrant is exercisable into one common share for a period of two (2) years from closing at a price of $0.22. If, at any time after four months following the closing of the Offering, the closing price of the common shares on the TSX Venture Exchange (“TSX-V”) is equal or greater than $0.45 for 10 consecutive trading days, the Company may accelerate the expiry date of the warrants by disseminating a press release announcing the new expiry date whereupon the warrants will expire on the 30th trading day after the date on which such press release is disseminated.

The Company will use the proceeds of the financing to fund a focused drill program at the Cecilia Gold Project, additional project acquisitions and further target refinement on existing projects to advance towards new partnerships. The Company may pay finders fees in cash or units to qualified finders of up to 8.0% of the aggregate gross proceeds realized from subscribers identified by the finder. The closing of the Private Placement is subject to TSX-V approval.

The securities being offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons without United States federal and state registration or an applicable exemption from registration requirements.

About Riverside Resources Inc.:
Riverside is an exploration company driven by value generation and discovery. The company has fewer than 45M shares issued and a strong portfolio of gold-silver and copper assets in North America. Riverside has extensive experience and knowledge operating in Mexico and leverages its large database to generate a portfolio of prospective mineral properties. In addition to Riverside’s own exploration spending, the Company also strives to diversify risk by securing joint-venture and spin-out partnerships to advance multiple assets simultaneously and create more chances for discovery. Riverside has additional properties available for option, with more information available on the Company’s website at www.rivres.com.

ON BEHALF OF RIVERSIDE RESOURCES INC.

“John-Mark Staude”
Dr. John-Mark Staude, President & CEO

For additional information contact:

John-Mark Staude
President, CEO
Riverside Resources Inc.
info@rivres.com
Phone:  (778) 327-6671
Fax:  (778) 327-6675
Web:  www.rivres.com
Raffi Elmajian
Corporate Communications
Riverside Resources Inc.
relmajian@rivres.com
Phone: (778) 327-6671 ext. 312
TF: (877) RIV-RES1 ext. 312
Web: www.rivres.com

Certain statements in this press release may be considered forward-looking information. These statements can be identified by the use of forward looking terminology (e.g., “expect”,” estimates”, “intends”, “anticipates”, “believes”, “plans”). Such information involves known and unknown risks — including the availability of funds, the results of financing and exploration activities, the interpretation of exploration results and other geological data, or unanticipated costs and expenses and other risks identified by Riverside in its public securities filings that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

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.

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DAVID STOCKMAN Americans Living On Borrowed Time

David Stockman | Americans Living On Borrowed Time

Feb 11, 2019 04:25 pm
By Remy Blaire

David Stockman, Author of Peak Trump
January was a month of extremes. The broader market managed a strong advance for the first month of 2019. The Dow Jones Industrial Average, Nasdaq and S&P 500 surged last month to notch their best monthly gains for January, in years – if not decades. On the other side of the spectrum, extreme weather patterns brought a blast of Arctic air that caused temperatures to plummet across the central and eastern U.S.
It was politics as usual and the partial U.S. government shutdown came to an end after 35 uncertain days. The January Federal Reserve meeting came and went with no change in rates but a notably dovish shift that emphasized the FOMC’s intention. The Fed stated that it would be “patient as it determines what future adjustments to the target range for the federal funds rate may be appropriate.”
There was some resolve at the end of January but plenty of questions still hung in the air.
The final month of 2018 had been a dismal one for Wall Street. The major stock indexes posted annual losses that were the worst since the deep tumble of 2008. Yet the turnaround that came after the year-end slump of 2018 saw the S&P 500 tack on 7.87% in January. The performance marked the index’s best advance since 1987.
BUBBLE READY TO BURST
David A. Stockman, former congressman and budget director for President Ronald Reagan, remembers 1987 very well. It was the year that Greenspan kicked off the “era of bubble finance.” This era simply kicked the can, or what Stockman calls “the day of reckoning,” down the road. Indeed, the balance sheet has gone from $200 billion to topping the trillion-dollar mark.

Stockman spent his early days in Washington D.C., engaging with several administrations of the White House and changes in Chairmanship at the Federal Reserve. He is quick to point out that the current “dysfunction in government” is worrisome and that there is “nothing but bad stuff ahead.”

Some things change while other things stay the same. In the case of borrowing by the federal government there have been no signs of a slowdown since Stockman first warned Americans about deficits during the Reagan years. While the debt-to-GDP ratio of the U.S. may not be at the very top of the list of worst offenders, it has cleared the 100% mark.
Stockman joined me at the NASDAQ MarketSite in New York to discuss his top concerns for the U.S. economy. He says that it’s not the trade deals or funding for a U.S.-Mexico border wall that are the most worrisome of issues. Instead, he remarks that Americans are living on borrowed time and the root of the problem lies in “bad” money.
Sept. 20, 2018, is indicated as an important date. He delves further into the significance of that day in another interview and in his latest book, Peak Trump. In case you’re wondering about Stockman’s prediction for the next stock market correction – listen closely to his answer and learn how he is planning for his grandchild’s financial future:
Interview segment with David Stockman on January 24, 2019: CLICK HERE.
THE BIG FREEZE
Winter usually brings colder and shorter days and plenty of inclement weather. While most of the country is thawing out from the recent bout of wintry weather, forecasts for slower economic growth continue to be issued by global institutions and investment houses.
The 2019 State of the Union did not address specific policy solutions to the problems that Trump says would endanger the national economy. Yet the immediate potential crises on the horizon include: the short-term government funding measure set to expire on Feb. 15 and the clock is ticking for the debt ceiling reinstatement on March 2.
In addition, the expiration of the U.S.-China trade tariff truce is March 1. U.S. officials will be heading to Beijing on Feb. 14-15 with the delegation comprised of Robert Lighthizer, Steven Mnuchin and David Malpass.
Whether March welcomes a balmy environment for market sentiment – time will deliver the outcome of the negotiations.

Stockman wonders how the nation will fare in the aftermath of these risk events and remarks that Americans will “reap the consequences of the money-printing spree … and massive borrowing by the public and private sectors.”  Even cautious optimism isn’t convincing enough to drag gold lower.

As the equity markets recovered in January the bond market did not reflect risk-on behavior. At the same time spot gold extended gains last month and held above the $1,300 per ounce level. Gold has managed to hold onto multi-month highs as the Fed rate outlook hit the “pause” button.
In the short-term, the precious metal is caught in a tug-of-war between a stronger dollar and fundamental risks. At the very least the dovish Federal Reserve should provide support for gold prices.
According to the World Gold Council, holdings of gold ETFs last month marked their highest level since March 2013. The spotlight was shining on inflows into global gold ETFs that increased 72 tonnes in January. The WGC pointed out that net longs are below historical averages. In the beginning of February, the outflows of global gold ETFs were notable.
Amid rising gold prices and increased M&A activity among the mining majors, the outlook for the yellow metal may be brighter.
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Money Map’s Elite Black Diamond Conference


Dear Reader,
Real opportunities don’t come along very often. And when they do, you need to be prepared.
That’s why I say The Black Diamond Conference is an ‘invaluable opportunity’.
The folks at Money Map Press don’t think it’s enough to simply tell you about the biggest financial opportunities…
They want to show you how to put that information into action.
Join Tom Gentile, Chris Johnson, Shah Gilani, D.R. Barton, Jr., Michael Robinson, Keith Fitz-Gerald, Dr. Kent Moors, and Special Guest Rick Rule in beautiful Delray Beach, Florida…
And let these leading investment experts reveal how you can attain “the good life” for yourself.
Money Map’s gurus will share all the tools, techniques and strategies that made them fortunes…
In fact, that’s the one reason you’ll be seeing them at The Black Diamond Conference…
Each has proven beyond any doubt that they can show ordinary folks how to become MILLIONAIRES.
These experts will be rubbing shoulders with you… listening to your stories and answering your questions… and revealing opportunities that most folks never even hear about.
And you’re going to experience it all step by step, live and in person, in wonderful company with like-minded people who share the same interests as you.
But don’t just take my word for it…
In this short video you can hear from some of our past attendees. You’ll learn firsthand why we say The Black Diamond Conference is an invaluable opportunity!
And there’s one more thing.
Right now for a very limited time, you have the opportunity to experience this exclusive event at a discounted rate…
But you’ll need to act fast to secure your spot before the price increases by hundreds of dollars.
Get all the details and register here at the lowest price possible.
Once you’ve submitted your registration, you’ll get the full Black Diamond Conference experience, which includes:

  • Live trainings covering cutting-edge investment opportunities, new trading strategies, market analysis, future trends, and more…
  • Networking with like-minded readers from around the globe…
  • The chance to meet the Money Map team, including the experts, gurus, and editors driving the boldest, most profitable investing ideas on the planet…
  • Elite exhibitors with exclusive Black Diamond offers…
  • World-class food and entertainment…

Plus… you’re sure to meet friends and make new ones, all while having an unforgettable time at the oceanfront Delray Beach Marriott where a dip in the warm, crystal clear Atlantic Ocean is just steps from your door.
I hope you’ll join us for this unique opportunity – April 4-6, 2019 – and let leading investment experts show you how you can grow your wealth and live a rich life.
Cordially,

Barbara Perriello, Director
Opportunity Travel
P.S. Delray Beach is a joy to visit. “Florida’s Village by the Sea” is well known for its fun atmosphere, award-winning cafes and restaurants, unique galleries and boutiques, and tons of entertainment options.
If you’re attending The Black Diamond Conference and would like to extend your stay, please let us help you get the most out of your conference experience. Simply contact Opportunity Travel today by phone at +800 926 6575 or +561 243 6276, or email us at info@opportunity-travel.com.
Where We’re Headed Next


 

Join us in Bangkok from 21-23 February and put your overseas dream on the fast track. Give us two-and-a-half days…and we’ll give you everything you need to put yourself on the path to the good life. Reserve your place now and save $200.
Go here for the full details

Opportunity Travel’s
Southeast Asia Tour to Thailand & Malaysia
February 24-March 3, 2019

Post-Tour Following International Living’s
2019 Southeast Asia Fast Track Your Retirement Overseas Conference
Bangkok, Thailand – February 21-23

Since we’ll be right here in beautiful Bangkok for the IL conference, we’ve designed an exclusive, fun-filled post conference tour that’s a first class, luxurious journey. You’ll get a chance to see firsthand why travelers and expats alike simply love everything about Thailand and Malaysia. Get full details about this exclusive expedition and guarantee yourself a spot – but you’ll have to act fast, only 20 spaces are available. Call me at 800 926 6575 or +561 243 6276, or email atinfo@opportunity-travel.com.


The Oxford Club’s 21st Annual Investment U Conference
March 28-31, 2019 – The Vinoy Renaissance Resort


Every spring, The Oxford Club hosts its biggest event of the year –the Annual Investment U Conference. For this signature event, we spare no expense to bring you the latest and greatest from the investing world as well as a real no-nonsense look into the markets.
Throughout this event, you’ll discover dozens of profitable ideas from our team of expert analysts, as well as investment insights from more than two dozen of the industry’s top economists and investment minds.
Join us as we celebrate more than two decades of success and tremendous profit opportunities brought to life through this premier event. Year-after-year – we’ve seen the ideas shared here soar to great heights and we are thrilled to see what’s in store next.
For more information on this event, and to reserve your spot today, click hereIf you have any questions about the event, please email us at voyagerclub@oxfordclub.com or call us at +443.708.9411.


Money Map Press presents…

The Black Diamond Conference
Delray Beach Marriott – April 4-6, 2019

Now Accepting Registrations – Act Now & Save

Our next Money Map Press event will take place at one of the most beautiful oceanfront hotels in Florida… the Delray Beach Marriot. Escape with us to Florida’s sun-drenched beaches and take in all that this hip and happening town has to offer.
Money Map’s gurus will share all the tools, techniques and strategies that made them fortunes… and they’ll show you how to attain “the good life” for yourself. Right now for a very limited time, you have the opportunity to experience this exclusive event at a discounted rate.
Go here for full details and registration


Sprott Natural Resource Symposium 2019
Fairmont Hotel Vancouver – July 30-August 2, 2019

Plan your 2019 vacation now – we’ll be happy to help you!
Get the lowest price possible for this popular, long-running conference that just keeps getting better year after year!
Join our chairman and personal host, Rick Rule in the heart of downtown Vancouver for this sell-out event. It’s not too soon to claim your Advance Pricing discount!
Click here for details. You really can’t beat this offer!
For more information about any of these events or expeditions, simply give us a call right now at 800 926 6575 or 561 243 6276, OR send us an email atinfo@opportunity-travel.com


Uruguay & Argentina – November 2019
Opportunity Travel’s South America Expedition
Call now to get your name on the list!

One of our most popular tours! Come November 2019 and once again we’ll be heading south to Uruguay and Argentina where we’ll show you so much more than the wonders these countries are known for. We’d love to have you join us!
Tantalizing wines, fabulous farm to table dining and sensuous tango are just a small snippet of what we have in store. Add to that our unique brand of personal service, luxury hotels and “boots on the ground” experts. Find out for yourself why our past attendees return again and again.
Call now to get your name on the list – 1-800-926-6575 or +561-243-6276OR send us an email at info@opportunity-travel.com


For more information about our tours or conferences, please contact, Barbara Perriello or Michelle Sedita at Opportunity Travel by email atinfo@opportunity-travel.com or by phone at +561.243.6276 or toll-free at +800.926.6575.

Disclaimer: Nothing in this e-mail should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. In the interest of full disclosure: Opportunity Travel may receive commissions from any property sales made during any of its trips. And, as a travel agency, we often receive a commission from hotels when we book rooms for our tours and conferences.
Copyright © 2019 Opportunity Travel, All rights reserved.
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FRANCO-NEVADA Declares Quarterly Dividend, Provides Update on 2018 Preliminary Financial Performance and Details for Upcoming Release of Financial Results Franco Nevada Corporation

Franco-Nevada Declares Quarterly Dividend, Provides Update on 2018 Preliminary Financial Performance and Details for Upcoming Release of Financial Results

Click here for the complete press release.
Stefan Axell
Director, Corporate Affairs
416-306-6328
info@franco-nevada.com
Sandip Rana
Chief Financial Officer
416-306-6303

TSX:FNV  NYSE: FNV      www.franco-nevada.com

Copyright 2017 – Franco-Nevada Corporation
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CHRIS MARCUS How To Make Your Option Trading Easier With MarketChameleon.com

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Base Metals Blog Junior Mining

NEVADA COPPER Pumpkin Hollow Progress and Construction Update


February is now upon us and it’s time to share another construction update and some recent photos. Once again, we remain on schedule to enter production in Q4 of this year.

(The New Headframe for the EN Vent Shaft at Pumpkin Hollow)

East Main Shaft
We have temporarily stopped lateral development on the 2770 and 2850 levels in order to install utilities in the shaft.
The utilities installed to date include two, very impressive, 350 hp ventilation fans and the accompanying ventilation ducting that runs down the entire length of the east main shaft. This provides a strong, constant flow of fresh air to the 2770 and 2850 levels.
We have also installed a 10-inch dewatering line from surface down to the 2850 level for future dewatering pumps.
Up next: The resumption of lateral development mining on both the 2770 and 2850 levels

The new vent fans – fully up and running
Installing the new ventilation ducting
(EN Vent Shaft Headframe)

East-North Vent Shaft
The headframe has been installed along with the jumbo nest. This is used to swing the drill jumbo in and out of the shaft during shaft sinking activities.
All hoist sheave wheels have been installed and all ropes have been wound onto the main hoist as well as the three Galloway winches and the emergency auxiliary hoist. All headframe support backlegs are installed and the electrical and safety systems have been installed

Up next for the East-North Shaft: Installation of the dump chutes, commissioning of the hoist and starting to sink shaft.
Surface Works
We have successfully finished the dry stack tailings test pad. We are continuing to finish off the drainage and surface-water run off ditches and ponds. The power poles and switch gears arrived and we’ve completed the 25 KV power line move. The comminution area (responsible for crushing and grinding ore) and the flotation areas of the process plant are undergoing foundation work.
Up next for the Surface Works: Continuing foundation work for the process plant and continued engineering work for the permanent 120KV power line.

Please get in touch with any questions and be sure to subscribe to our mailing list to receive the latest news releases and updates as they are released.
David Swisher, SVP of Operations

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LIMONEIRA Enters Agreement to Expand Global Presence with Strategic Joint Venture and Land Acquisition in Argentina

SANTA PAULA, Calif.–(BUSINESS WIRE)–

-Expected to be Accretive for Fiscal 2019-

-Expands Company’s Lemon Holdings by 1,200 Acres-

-Further Enhances the Company’s One World of Citrus™ Initiative-

Limoneira Company (the “Company” or “Limoneira”) (LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, announced today that it has entered into an agreement with FGF Trapani (“FGF”), a multi-generational, family owned citrus operation in Argentina. Beginning in 1937 with Ignacio Trapani, Ricardo Trapani (3rd generation) and his sons, Fabricio, Gabriel, and Franco (4th generation) have grown FGF into an enterprise of over 3,200 acres of lemons and oranges in the Provinces of Salta, Jujuy and Tucuman as well as owning and operating a juice processing facility in the Province of Tucuman.

As part of the agreement, Limoneira will create a subsidiary in Argentina under the name Limoneira Argentina S.A.U. (“Limoneira Argentina”) and will acquire 25% of the parcels of Finca Santa Clara, approximately 1,200 acres of planted lemons, upfront with an additional 25% to be acquired over a three-year period. Limoneira Argentina and FGF’s agreement will operate under the name Trapani Fresh, with Limoneira Argentina as the managing partner and responsible for all fresh fruit sales, holding a 51% interest and FGF holding a 49% interest. The agreement is expected to close in the middle of March 2019. FGF Trapani will maintain 100% ownership and control of the juice processing facilities and operations.

Alex Teague, Senior Vice President, stated, “It’s very exciting for us to expand our global footprint into Argentina and thereby strengthen our ability to become a 365-day, 24/7 global supplier of fresh citrus to our valued customers around the world. This joint venture fits in nicely with our One World of Citrus™ initiative and we are looking forward to welcoming FGF’s family owned business to the Limoneira team. This relationship will provide Limoneira with access to new markets and distribution networks, increase production and technical capacity and also reduce impact on operating results.”

Harold Edwards, President and Chief Executive Officer, added, “We are excited to add FGF’s rich supply of citrus to our global production and increase our competitive position. Our two companies have a long history with a combined 205 years in the business and this joint venture is bringing together years of industry knowledge and expertise. We expect the deal to be accretive in fiscal year 2019 and we will provide more information on our first quarter call in early March.”

About Limoneira Company

Limoneira Company, a 125-year-old international agribusiness headquartered in Santa Paula, California, has grown to become one of the premier integrated agribusinesses in the world. Limoneira (pronounced lē mon΄âra) is a dedicated sustainability company with 14,500 acres of rich agricultural lands, real estate properties, and water rights in California, Arizona, and Chile. The Company is a leading producer of lemons, avocados, oranges, specialty citrus and other crops that are enjoyed throughout the world. For more about Limoneira Company, visit www.limoneira.com.

Forward-Looking Statements

This press release contains forward-looking statements, including guidance for fiscal year 2018 and 2019, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on Limoneira’s current expectations about future events and can be identified by terms such as “expect,” “may,” “anticipate,” “intend,” “should be,” “will be,” “is likely to,” “strive to,” and similar expressions referring to future periods.

Limoneira believes the expectations reflected in the forward-looking statements are reasonable but cannot guarantee future results, level of activity, performance or achievements. Actual results may differ materially from those expressed or implied in the forward-looking statements. Therefore, Limoneira cautions you against relying on any of these forward-looking statements. Factors which may cause future outcomes to differ materially from those foreseen in forward-looking statements include, but are not limited to: changes in laws, regulations, rules, quotas, tariffs and import laws; weather conditions that affect production, transportation, storage, import and export of fresh product; increased pressure from crop disease, insects and other pests; disruption of water supplies or changes in water allocations; pricing and supply of raw materials and products; market responses to industry volume pressures; pricing and supply of energy; changes in interest and currency exchange rates; availability of financing for land development activities; political changes and economic crises; international conflict; acts of terrorism; labor disruptions, strikes or work stoppages; loss of important intellectual property rights; inability to pay debt obligations; inability to engage in certain transactions due to restrictive covenants in debt instruments; government restrictions on land use; and market and pricing risks due to concentrated ownership of stock. Other risks and uncertainties include those that are described in Limoneira’s SEC filings which are available on the SEC’s website at http://www.sec.gov. Limoneira undertakes no obligation to subsequently update or revise the forward-looking statements made in this press release, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190204005399/en/

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JAYANT BHANDARI Avoid Commodity Price Speculation; and about Resource Stocks

Maritime Resources (MAE)

I have never met anyone who succeeds in speculating in commodities. Most commodity speculatorscome to believe in the bright future of a certain commodity using oft-repeated slogans and soundbites entering a sort of trance and calling themselves contrarians while staying in the emotional “safety” of their echo chamber. And then the situation gets worse, much worse. They then “invest” in mining companies for leverage. This is a very dangerous cocktail, something that is responsible for so many people losing their homes and making the mining industry a loss-making sector of the economy.
I spoke on the above at the recently held Vancouver Resource Investment Conference (VRIC). Here is a discussion, I had with Fergus Hodgson on the same theme:

On investments…
Maritime Resources (MAE; C$0.09) has done a pre-feasibility study (PFS) on a small, high-grade deposit they have in Newfoundland. Last year, Anaconda Mining made a failed attempt to takeover MAE. In the same area as that of MAE is another company, Rambler Metals. According to their PFS, MAE is expected to use the process plant of Rambler Metals.
A few months back, Sprott Capital Partners and Dundee Resources financed MAE at C$0.11 per unit. Since then the index of early-stage mining companies has gone up nicely, but MAE has stagnated.
MAE has a market capitalization of C$12 million. It has C$2.5 million in cash. Based on my calculations there is an easy 50% upside in owning MAE. There is also enough evidence that the project can be looked at differently than it has been in the PFS, to improve the economics. Moreover, the company changed its management last week, an event that went unnoticed by the market. The new management will likely find it easier to give another look at a merger with Anaconda. Perhaps they should also invite Rambler to the negotiation table.
The combined market capitalization of the above three companies is less than C$100 million. There should be a lot of synergies—operational, scheduling, tax-related, and in terms of financing required for the projects—in combining the three companies. Just the savings in administrative expenses will be huge. If such a merger happens, there is extra money to be made in owning MAE.
On other matters…
In my view, the US is lucky to have Trump as its President. The US is one of the best countries in the world, but there are forces at play—given democracy and the resulting rapid rise of culturally Marxist values in the institutions—that means that Trump can succeed in only delaying the degradation of the US. As Doug Casey says “America” is an idea whose home has so far been the US.
Next month, I will be speaking at PDAC, on how East Asia is the future of humanity. This is not just about economic growth, which I see continuing to happen, but more importantly about how the idea of America and the western civilization is setting its roots in East Asia.
Warm regards,

Jayant Bhandari

Associate: Rajni Bala

Disclaimer: All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. The sole purpose of these musings is to show my thinking process when analyzing a stock, not to provide any recommendation. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise.

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MARITIME Announces Board and Management Changes

Vancouver, British Columbia–(Newsfile Corp. – February 1, 2019) – Maritime Resources Corp. (TSXV: MAE) (“Maritime”) announced that effective January 31, 2019 the following board and management changes have occurred to reflect the continued evolution and development of Maritime as it works to further advance the high-grade Hammerdown gold project and its Whisker and Orion exploration projects in Newfoundland:

  • Mr. Douglas Fulcher will no longer serve as Maritime’s President and Chief Executive Officer and has resigned as a member of the board;
  • Mr. Andrew Pooler will no longer serve as Maritime’s Chief Operating Officer and has resigned as a member of the board; and
  • Mr. Garett Macdonald, currently a member of the board, will serve as Maritime’s President and Chief Executive Officer.

Maritime’s Chairman, Mr. John Hayes, stated, “I would like to thank Doug and Andrew, on behalf of Maritime and Maritime’s board, for their service as Maritime’s President and Chief Executive Officer and as Maritime’s Chief Operating Officer, respectively. The company has benefited from Doug’s efforts in guiding Maritime’s operations and has also benefitted from Andrew’s technical expertise as reflected in the progress the company has made to date on its projects.”

Mr. Hayes continued, “On behalf of Maritime and Maritime’s board, I would like to take this opportunity to welcome Garett as Maritime’s President and Chief Executive Officer. With his diverse and extensive engineering experience in project development and mine operations, including both open pit and narrow vein underground settings, the board believes that Garrett will provide the necessary technical and corporate leadership to Maritime as the company examines and advances development opportunities at Hammerdown. His innovation and commercial focus have earned him the reputation for producing results which will benefit Maritime at this important stage in its history and in the development of the company’s projects.”

About Maritime Resources Corp:

Maritime Resources holds a 100% interest in the Green Bay Property, located near Springdale, Newfoundland and Labrador, Canada.

On behalf of the Board of Directors,

John Hayes
Chairman

For further information, please call: 
John Hayes
Telephone: 1-866-991-7004
info@maritimeresourcescorp.co

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company’s future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements

Caution Regarding Forward Looking Statements:

Certain information included in this press release, including information relating to future financial or operating performance and other statements that express the expectations of management or estimates of future performance constitute “forward-looking statements”. Such forward-looking statements include, without limitation, statements regarding copper, gold and silver forecasts, the financial strength of the Company, estimates regarding timing of future development and production and statements concerning possible expansion opportunities for the Company. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief are based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, the price of and anticipated costs of recovery of, copper concentrate, gold and silver, the presence of and continuity of such minerals at modeled grades and values, the capacities of various machinery and equipment, the availability of personnel, machinery and equipment at estimated prices, mineral recovery rates, and others. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to, interpretation and implications of drilling and geophysical results; estimates regarding timing of future capital expenditures and costs towards profitable commercial operations. Other factors that could cause actual results, developments or events to differ materially from those anticipated include, among others, increases/decreases in production; volatility in metals prices and demand; currency fluctuations; cash operating margins; cash operating cost per pound sold; costs per ton of ore; variances in ore grade or recovery rates from those assumed in mining plans; reserves and/or resources; the ability to successfully integrate acquired assets; operational risks inherent in mining or development activities and legislative factors relating to prices, taxes, royalties, land use, title and permits, importing and exporting of minerals and environmental protection. Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and the Company does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise, except as required under applicable security law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/42598

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GRANITE CREEK COPPER Appoints Mathew Lee as Chief Financial Officer

VANCOUVER, British Columbia, Feb. 01, 2019 (GLOBE NEWSWIRE) — Granite Creek Copper Ltd. (GCX.V(“Granite Creek” or the “Company”) announces the appointment of Mr. Mathew Lee to the role of Chief Financial Officer (“CFO”), effective immediately.

Mr. Lee is a Chartered Accountant with a Bachelor of Commerce Degree from the University of British Columbia and is a member of the Chartered Professional Accountants of British Columbia. Mr. Lee brings broad depth of financial experience in both public and private company operations across various sectors, including mineral resources and financial services. Mr. Lee replaces Mr. Michael Rowley who has stepped down from his role as CFO for Granite Creek in order to concentrate on his responsibilities as President and CEO of fellow Metallic Group company, Group Ten Metals. Mr. Rowley will continue as a Director of Granite Creek.

Mr. Timothy Johnson, President and CEO, stated, “We are very pleased to have Mr. Lee join Granite Creek and to take another positive step forward in developing our corporate team. The Company anticipates release of substantive, project-related updates over the coming weeks and sustained news flow with respect to the Stu Copper project and operational fundamentals.”

Granite Creek further announces it has granted 2,900,000 incentive stock options (the “Options”) to Directors, Officers, employees and consultants of the Company. The Options are exercisable for up to five years, expiring on February 1, 2024, and each Option will allow the holder to purchase one common share of the Company at a price of $0.15 per share, being the closing price of the previous trading day.

About Granite Creek Copper

Granite Creek is a newly-launched copper-focused exploration company. The Company’s flagship project is the 111 square kilometer Stu Copper project located in the Yukon’s Carmacks copper district, adjacent to Capstone Mining’s high-grade Minto Cu-Au-Ag mine and Copper North’s advanced-stage Carmacks Cu-Au-Ag project. More information about the company and the Stu Copper project can be viewed on the Company’s website at www.gcxcopper.com.

About the Metallic Group of Companies

The Metallic Group is a collaboration of leading precious and base metals exploration companies with a portfolio of large, brownfields assets in established mining districts adjacent to some of the industry’s highest-grade copper, silver, and platinum/palladium producers. Member companies include Granite Creek Copper (GCX.V) in the Yukon’s Carmacks copper district, Metallic Minerals (MMG.V) in the Yukon’s Keno Hill Silver District, and Group Ten Metals (PGE.V) in the Stillwater PGM-Ni-Cu district of Montana. Highly experienced management and technical teams at the Metallic Group have expertise across the spectrum of resource exploration and project development from initial discoveries to advanced development, including strong project finance and capital markets experience and have demonstrated a commitment to community engagement and environmental best practices. The founders and team members of the Metallic Group include highly successful explorationists formerly with some of the industry’s leading explorer/developers and major producers and are undertaking a systematic approach to exploration using new models and technologies to facilitate discoveries in these proven historic mining districts.

FOR FURTHER INFORMATION PLEASE CONTACT:

Timothy Johnson, President
Telephone:  1 (604) 235-1982 E-mail: info@gcxcopper.com
Toll Free:  1 (888) 361-3494 Website: www.gcxcopper.com
Metallic Group: www.metallicgroup.ca

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.

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