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  • NioCorp Reveals Continued Strong Niobium Results From Elk Creek At Depth

    NioCorp Developments (CVE:NB)(OTCQX:NIOBF) has unveiled what it says are more strong drilling results from its phase II program at its Elk Creek project in Nebraska.

    The company received the final analytical results from hole NEC14-014, which was drilled along a southwest to northeast section line through the defined niobium resource.

    The hole returned a 390 metre interval at 0.68% niobium, including 126 metres at 1.06% niobium, 15 metres at 1.27% niobium and 5 metres at 2.03% niobium.

    The junior niobium developer said the results continue to support niobium mineralization in the area of the defined resource and its continuation at depth.

    "The drilling results from the Elk Creek deposit remain impressive," said chief executive officer Mark Smith.

    "We are excited that our drilling program continues to provide results that support our objective of developing a world-class niobium asset."

    NioCorp's Elk Creek property is the highest grade undeveloped niobium deposit in North America, discovered by Molycorp back in the late 1960s.

    The company recently closed a $10.6 million special warrant financing, raising funds for continued infill drilling, pilot plant testing and ultimately, the finalization of its full feasibility study for Elk Creek.

    Earlier this month, NioCorp said it was starting the third phase of drilling at its project in Nebraska, after wrapping up the second phase and metallurgical drilling programs.

    Niobium is mainly used in the form of ferro-niobium to produce high strength, low alloy steel, for use in automotive, structural and pipeline applications, and demand is seen increasing as the U.S. currently imports 100% of its niobium needs.

    Nov 21 11:16 AM | Link | Comment!
  • Naturally Splendid Secures Deal To License Hemp And Cannabinoid Technologies

    Naturally Splendid Enterprises (CVE:NSP)(OTCQB:NSPDF) has secured its agreement to license hemp and cannabinoid extraction and formulation technologies, positioning the company to capitalize on global growth trends in industrial hemp and marijuana products.

    In a statement released after market Thursday, Naturally Splendid said its US subsidiary signed a "novation agreement" with Dublin-based Full Spectrum Laboratories and sister company Boreal Technologies.

    Under the terms, Naturally Splendid will pay $725,000 to Boreal and will issue to Full Spectrum a number of shares equal to $1.025 million, divided by the greater of 35 cents of a 20 percent premium above the closing price on closing of the transaction.

    Naturally Splendid will gain access to a worldwide license to manufacture, commercialize and sell products based on Full Spectrum's proprietary technology, both on an exclusive and non-exclusive basis.

    It will have exclusive access to the hemp oil and cannibinoid formulation technology and the omega formulation technology, among others. In consideration, Naturally Splendid will also have to pay Full Spectrum a 4.5 percent gross revenue royalty on a quarterly basis.

    The deal includes a license to the first issued US patent for water-soluble cannabinoids --- a major part of Naturally Splendid's plan to develop and sell cannabinoid-based nutraceutical and pharmaceutical products and therapies.

    The initial suite of commercial hemp-based cannabinoid nutraceutical products will include micro-encapsulated hemp oil drops with high cannabidol (NYSE:CBD) expression, CBD-based soaps, lip balms and skin creams, and hemp-extracted, cannabinoid-based functional beverages.

    There are more than 80 cannabinoids in industrial hemp and marijuana, with one of the most prominent and sought-after known as CBD. The cannabis compound is appealing because of its non-psychoactive, anti-inflammatory and anti-epileptic effects, meaning patients can benefit without lethargy or dysphoria.

    "This transaction is a major milestone for Naturally Splendid," said chief executive officer Craig Goodwin in the release.

    "The technologies we have secured under this agreement allows Naturally Splendid to develop, market and distribute functional foods and ingredients related to oil and protein extraction.

    "As well, there is increasing demand for cannabinoid formulation technology that allows for more measurable, efficacious products as market trends indicate patients are looking for alternative ways to consume their medical marijuana prescriptions other than smoking.

    "To address this growing trend, Naturally Splendid will develop, market and distribute water soluble cannabinoid products and technologies in jurisdictions where these products are legal, beginning with the US market."

    After the initial launch of the suite of products in early 2015, the companies are planning to develop topical pain ointments, a hemp-derived CBD supplement and sun block lotions, they said. None of the products will include THC, another prominent cannabinoid, with the companies focusing instead on using water-soluble cannabidiols.

    Separately, Naturally Splendid also said Thursday it will be seeking to raise $1.5 million through a private placement financing, terms of which will be disclosed at a later date.

    The closing of the license agreement is subject to the completion of the financing as well as to regulatory approvals.

    Nov 21 11:13 AM | Link | Comment!
  • ARHT Media Adds Jason Bateman And Richard D. "Skip" Bronson To Its Board Of Advisors

    ARHT Media (CVE:ART) has appointed famous actor Jason Bateman and renowned real estate developer Richard D. "Skip" Bronson to its board of advisors, after adding Paul Anka and Larry King last week.

    The high profile names at this early stage of development speaks volumes of the potential of the company, which makes human holograms, or HumaGrams, that have the potential to turn the concept of proximity marketing on its head.

    The company's HumaGrams are based on its Augmented Reality Holographic Technology (ARHT) platform, which is a scalable, repeatable and transportable form of 3D without the use of special glasses.

    The unique engine makes it possible for humans to interact with the HumaGram, opening up a wide range of applications - from concerts to retail stores and tradeshows.

    "ARHT is extremely proud of the Board of Advisors we have assembled to date," said chief executive officer Paul Duffy in a release Thursday.

    "We have an extremely diverse group of very powerful people in differing fields. From music legends, to actors and business moguls, ARHT truly has what we consider to be one of the finest Board of Advisors ever assembled."

    After having spent months developing the platform, ARHT is now looking to validate the technology with early adopters. The interest has been significant so far, with the company realizing it can tie up its platform with the idea of proximity marketing.

    Essentially, celebrity holograms can be created and placed in window displays and other high traffic destinations, drawing customers into a region of proximity and offering them a value proposition. The HumaGrams would act as a medium between the consumer and the retailer, delivering a message on a particular product, then offering up the ability to buy the product right there on the spot through a QR code on a smartphone.

    Once the potential here was realized, the company began to consolidate a package into the ARHT engine, which works with an Android operating system, giving ARHT Media the opportunity to not only display HumaGrams in the form of 3D, but also add gesture controls, motion detection, analytics and e-commerce features.

    The company will continue to test and validate its platform over the next two quarters, aiming to generate some $2.35 million in revenues next year.

    "As an actor I saw the use cases for ARHT's technology right away," said Bateman.

    "The ability to create life-like digital duplicates of people that can conduct real time commerce through a smart phone is incredible. Leveraging a celebrity's brand and this technology is a natural fit. I'm happy to not only be on the Board of Advisors but also to be an investor in the company as well."

    Bronson, who is the founder and chairman of the Bronson Companies, added that the sky is the limit for the HumaGram application, in merchandise displays, events and consumer interaction.

    Nov 21 11:10 AM | Link | Comment!
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