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News Article | May 16, 2017
Site: www.marketwired.com

MIAMI, FL--(Marketwired - May 16, 2017) - Novus Acquisition and Development, Corp. ( : NDEV), through its wholly owned subsidiary WCIG Insurance Services, Inc., is a diversified insurance entity in health, liability, annuity and accident, and, the nation's first carrier/aggregator offering a cannabis health plan, today reported financial and operational results for the three month period ended March 31, 2017. Novus continues to execute its plan as an early mover as an insurance entity in the legal medical cannabis industry with its unique business model and strategic partnerships with a focus on growing its number of covered lives. Securing additional strategic relationships in the cannabis sector with better-known cannabis companies is a key part of the focus to gain visibility and awareness and grow the business for the remainder of 2017 and beyond. Financial Results for the Quarter Ended March 31, 2017: Quarterly Revenue increased by 43% to $27,224 for the three months ended March 31, 2017, as compared to the first quarter of 2016. This increase was primarily due to increased awareness and visibility of the Novus MedPlan offering and the improvement in key performance indicators (KPI) in the Company's in-house marketing efforts. Novus had experience significant increases at a reduced cost for third party marketers. During the first quarter of 2017, the Company deliberately decreased its digital ads from 1,500,000 monthly unique views to 1,000,000 monthly views, which resulted in a significant 100% increase of engagement from a 0.5% rate to 1% rate. The initiative proved that a quality target audience is essential to the branding effort. This change reduced the cost of advertising by 35%, giving Novus MedPlan the ability to preserve cash on hand to allow awareness campaigns to create brand awareness in early-developed markets. Operating and Net income increased by 48% to $9,834 for the three months ended March 31, 2017, as compared to the first quarter of 2016. This represents a 36% operating profit margin for the three months ended March 31, 2017. The Company's Balance Sheet remained strong with an increase in the cash balance to $74,236 and the Net Asset Value (NAV) increasing 1% over the sequential quarter to $1,393,978. Insurance Valuations: Conventional valuation analyses can demonstrate how investors might want to review how an insurance company is valued. By focusing on a company's balance sheet "equity" divided by the amount of "shares issued" an approximate valuation can be determined at an approximate multiple of "20 times" for emerging growth companies. Capital Structure: The Company did not raise any capital in the three months ended March 31, 2017. All sorts of institutional convertible notes with variable toxic pricing structures approached the Company. Novus did not take and will not consider any such capital as to protect its shareholder equity. In the first quarter of 2017, Company insiders and affiliates have not liquidated any of its holdings nor have taken any cash salary compensation for the preservation of the shareholder value. Common Shares Issued and Outstanding: direct from Company filings at OTC Markets https://www.otcmarkets.com/stock/NDEV/filings Closing From The CEO We are focused on the remainder of 2017 to execute on strategic acquisitions and strategic partnership agreements to help grow our business. Rapid growth for many insurance companies is the through strategic acquisitions, and/or business combinations. Novus feels the advantages are adding value to the combined entity by increasing overall revenues. Expand distribution channels that you can leverage more effectively with our own products and services. Accessing a talent pool without the need to engage in an extensive search and hiring process. Novus's focus of expansion of acquisitions are but not limited to: i. Books of business to consolidation of synergistic health plans ii. Improve operation efficiencies iii. Re-org, of businesses with antiquated technologies iv. Increase valuations models v. Boost net capital vi. Acquire undervalued firms vii. Further diversification viii. Empowerment within market segments Novus's management team remains mindful of potential impacts from fluctuating economic conditions volatility in the U.S. equity markets, rising interest rates, and the direction of current politics that could impact the industry. We invite you to review the entire filing here: https://www.otcmarkets.com/stock/NDEV/filings About Novus Novus Acquisition & Development Corp. ( : NDEV), through its subsidiary WCIG Insurance, provides health insurance and related insurance solutions within the wellness and medical marijuana industries in states where legal programs exist. Novus has developed its infrastructure within many lines of the insurance business such as, health, property & casualty, life, accident and fixed annuities. Novus medical cannabis benefits package will work as outside developers and will not cultivate, handle, transport grow, extract, dispense, put up for sale, put on the market, vend, deliver, supply, circulate, or trade cannabis or any substances that violate the United States law or the Controlled Substances Act, nor does it intend to do so in the future and will continue to follow state and federal laws. The statements made about specific products have not been evaluated by the United States Food and Drug Administration (FDA) and are not intended to diagnose, treat, cure or prevent disease. All information provided on these press releases or any information contained on or in any product label or packaging is for informational purposes only and is not intended as a substitute for advice from your physician or other health care professional. Once a push notification is competed the transaction is solely between the state-licensed dispensary and the registered patient. The state laws are in conflict with the federal Controlled Substances Act. The current administration has effectively stated that it is not an efficient use of resources to direct federal law enforcement agencies to prosecute those lawfully abiding by state designated laws, allowing the use and distribution of medical marijuana. However, there is no guarantee that the current administration, nor any future administration, will not change this policy and decide to enforce the federal laws strongly. Any such change in the federal government's enforcement of current federal laws could cause significant financial changes to Novus Medical Group. While we do not intend to harvest, distribute or sell cannabis or cannabis related products, we may be harmed by a change in enforcement by federal or state governments. Forward-Looking Statements This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, includes codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. Novus Medical Group disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


News Article | May 17, 2017
Site: www.prweb.com

New research findings reveal age-related distinctions in U.S. opioid overdose deaths, with disproportionate levels of heroin overdoses among adults aged 20–34 and prescription opioid overdoses among the 50–64 population.(1, 2) Novus Medical Detox Center, a leading Florida-based drug treatment facility, examines the implications of these trends and urges demographic-based interventions to reduce overdoses among all age groups. From 2014 to 2015, deaths from natural and semi-synthetic opioids (oxycodone and other prescription painkillers) rose 2.6% to 12,727, those due to synthetic opioids (such as fentanyl and tramadol) spiked 72.2% to 9,580, and heroin overdose deaths climbed 20.6% to 12,989—collectively, opioids claimed more than 33,000 lives in 2015.(3) A new analysis by university researchers has delved deeper into the data and found an age bias among overdose deaths. As of 2014, Americans aged 20–34 were dying from heroin overdoses at a rate of 10 or more per 100,000 deaths, compared to 6 or less for other age groups, while those aged 50–64 were more likely to overdose on prescription opioids at a rate approaching or exceeding 30 per 100,000, compared to 21 or less for other age groups.(1, 2) Lead researcher Jay Unick believes the age divide is a result of recent crackdowns on prescription painkillers. He notes that “older people have greater access to pills,” since chronic pain, disability and other conditions allow them to legally obtain prescription opioids; meanwhile, stricter regulations on prescription drugs have limited the black-market supply, leading younger adults to resort to more readily available heroin.(1) “Tightening regulations on prescription painkillers was an important first step in combating the U.S. opioid epidemic. However, rising heroin overdose deaths are evidence that America’s opioid battle that must be fought on multiple fronts,” said Bryn Wesch, CFO of Novus Medical Detox Center. “The fact that there has been little growth in natural and semi-synthetic opioid deaths suggests that regulatory efforts have helped curb prescription overdoses, but we can’t overlook the devastating toll that drugs like heroin and fentanyl are taking on young Americans.” A previous study published by Unick and his fellow researchers found a dramatic increase in heroin use and overdose deaths starting in 2007, leading them to conclude “supply-based interventions may simply lead to a shift in use to heroin rather [than] minimizing the reduction in harm.”(4) They proposed leveraging prevention resources for treatment and demand-side reduction as a more effective way to minimize opioid abuse and related harm—an approach Wesch supports. “It’s critical to continue federal and state initiatives to address prescription opioid misuse and abuse, which can help prevent patients from developing opioid use disorders in the first place,” asserted Wesch. “At the same time, we need more education and awareness campaigns to help the public understand the risks of opioid use, including serious health issues and overdose fatalities. We also need targeted messaging to alert young adults that illicit drugs such as heroin and fentanyl are often adulterated, which means there is no such thing as a ‘safe’ dose—a single hit can be deadly.” Wesch is a strong proponent of expanded access to drug treatment programs, including medically supervised prescription-drug and heroin detox programs that are designed to help ease patients through the discomfort of opiate/opioid withdrawal. She advocates for individually customized treatments that take the user’s age, metabolism and type of opioid into account to ensure the best chance of success. Finally, Wesch calls for ongoing support and resources to help users overcome dependency and achieve lasting, long-term recovery. For more information on Novus Medical Detox Center and its medically supervised heroin and prescription opioid treatment programs, visit https://novusdetox.com. About Novus Medical Detox Center: Novus Medical Detox Center has earned The Joint Commission’s Gold Seal of Approval for Behavioral Health Care Accreditation as an inpatient medical detox facility. Licensed by the Florida Department of Children and Families, Novus provides safe, effective alcohol and drug treatment programs that are based on proven medical protocols and designed to minimize the discomfort of withdrawal. The facility is located on 3.25 acres in New Port Richey, Florida, in a tranquil, spa-like setting bordering protected conservation land. Intent on proving that detox doesn’t have to be painful or degrading, Novus set out to transform the industry by bringing humanity into medical detox with individually customized treatment programs and 24/7 access to nursing care and withdrawal specialists. Today, Novus is renowned as a champion of industry standardization and a staunch advocate of patients fighting to overcome substance use disorders. Frequently recognized for its contributions to the industry and local community, Novus has become a regular source to media publications such as The Wall Street Journal and USA Today, and has ranked in the Tampa Bay Business Journal’s Fast 50, the Florida Business Journal’s Top 500 and the Inc. 5000 list of America’s fastest-growing companies. For more information on Novus’ medically supervised detox programs visit https://novusdetox.com. 2.    Unick, Jay; Sarah Mars; and Daniel Ciccarone. “Heroin in Transition: U.S. Regional Differences in the Opioid Pill and ‘Heroin’ Overdose Epidemics”; slide presentation, April 2017; accessed May 11, 2017. cdc.gov/drugoverdose/data/analysis.html 3.    Rudd, Rose A.; Puja Seth; et al. “Increases in Drug and Opioid-Involved Overdose Deaths — United States, 2010–2015”; Morbidity and Mortality Weekly Report; December 30, 2016. cdc.gov/mmwr/volumes/65/wr/mm655051e1.htm 4.    Unick, George Jay; Daniel Rosenblum; et al. “Intertwined Epidemics: National Demographic Trends in Hospitalizations for Heroin- and Opioid-Related Overdoses, 1993–2009”; PLOS ONE; February 6, 2013. journals.plos.org/plosone/article?id=10.1371/journal.pone.0054496


News Article | April 30, 2017
Site: www.PR.com

Fort Collins, CO, April 30, 2017 --( The important question that all CPQ vendors and their customers’ need answered is, “do these visual additions to CPQ indeed make a difference to the bottom line, and at what cost?” Novus CPQ Consulting wanted to find an answer to this critical question so they surveyed ten Configure-Price-Quote (CPQ) vendors and sixteen of their customers to discover: - the role product visualization plays in CPQ Solutions, now and going forward - the visualization technologies that are most promising for improving CPQ productivity and efficiency - the expectation of CPQ vendors and customers from visual and virtual CPQ Solutions - the Key Challenges for CPQ vendors and customers to adopt 3D CPQ Solutions - the maintenance requirements for visual and virtual CPQ Solutions Fort Collins, CO, April 30, 2017 --( PR.com )-- The use of Configure-Price-Quote (CPQ) tools for the sales process continues to increase. This is true for all kinds of products, large and small, expensive and cheap as well as common and exclusive. One way to gain and hold the attention of a CPQ User is to visualize the product while it is configured. This is powerful because it provides an emotional attachment for the user to their custom configured product. The available visualization aids run the gamut from simple 2D to very cool 3D images and all the way to state of the art immersive Virtual Reality (VR) technology or to mix real environments with virtual environments afforded by Augmented Reality (AR) technology. This offers new and interesting ways to present a product for current visual CPQ customers while it also challenges CPQ vendors to find innovative ways to stay ahead of their competition.The important question that all CPQ vendors and their customers’ need answered is, “do these visual additions to CPQ indeed make a difference to the bottom line, and at what cost?”Novus CPQ Consulting wanted to find an answer to this critical question so they surveyed ten Configure-Price-Quote (CPQ) vendors and sixteen of their customers to discover:- the role product visualization plays in CPQ Solutions, now and going forward- the visualization technologies that are most promising for improving CPQ productivity and efficiency- the expectation of CPQ vendors and customers from visual and virtual CPQ Solutions- the Key Challenges for CPQ vendors and customers to adopt 3D CPQ Solutions- the maintenance requirements for visual and virtual CPQ Solutions Click here to view the list of recent Press Releases from Novus CPQ Consulting


— The Global Methionine Market Research Report 2017 is a professional and in-depth study on the current state of the Methionine market. Annual estimates and forecasts are provided for the period 2017 through 2022. Also, a six-year historic analysis is provided for these markets. The Methionine industry was 5829.25 million USD in 2017 and is projected to reach USD 6777.28 million USD by 2022, at a CAGR (Compounded Annual Growth Rate) of 3.06% between 2017 and 2022. Companies profiled in this report are Evonik, Adisseo (Bluestar), Novus, Sumitomo Chemical, Cj Cheiljedang Corp, Chongqing Unisplendour Chemical, Sichuan Hebang and more. Analysis by Product Types, with production, revenue, price, market share and growth rate of each type, can be divided into • Solid Methionine • Liquid Methionine Analysis by Applications, this report focuses on consumption, market share and growth rate of Methionine in each application, can be divided into • Feed Additive • Pharmaceutical • Food Supplement • Others Table of Contents: 1 Methionine Market Overview 2 Global Methionine Market Competition by Manufacturers 3 Global Methionine Capacity, Production, Revenue (Value) by Regions (2012-2017) 4 Global Methionine Supply (Production), Consumption, Export, Import by Regions (2012-2017) 5 Global Methionine Production, Revenue (Value), Price Trend by Types 6 Global Methionine Market Analysis by Applications 7 Global Methionine Manufacturers Profiles/Analysis 8 Methionine Manufacturing Cost Analysis 9 Industrial Chain, Sourcing Strategy and Downstream Buyers 10 Marketing Strategy Analysis, Distributors/Traders 11 Market Effect Factors Analysis 12 Global Methionine Market Forecast (2017-2022) 13 Research Findings and Conclusion Inquire more about this report at: https://www.themarketreports.com/report/ask-your-query/370267 For more information, please visit https://www.themarketreports.com/report/global-methionine-market-research-report-2017


News Article | April 26, 2017
Site: marketersmedia.com

VANCOUVER, BC / ACCESSWIRE / April 26, 2017 / VANGOLD RESOURCES LTD. (TSXV: VAN) (OTC PINK: VNGRF) (the "Company" or "Vangold") is pleased to announce the appointments of Mr. Mark Ashley, Mr. Hernan Dorado Smith and Mr. Cameron Scott King to the Board of Directors of Vangold. Mr. Ashley is a successful resource executive with over 30-years' experience in asset selection and optimizing mining properties for production. Vangold will be relying on Mr. Ashley to bring his in-depth knowledge of the technical, commercial, and financial aspects to the development of the El Pinguico Mine. As CEO of LionOre Mining International, Mr. Ashley led the successful takeover by Norilsk Nickel in 2007 for $6 Billion CDN. He has held senior executive roles in several internationally listed entities including Normandy Mining, Cluff Resources, Kagara Zinc and Apex Minerals. Mr. Ashley was also a director of the Australian Gold Council, the World Gold Council and a Council Member for Curtin University (in West Australian). He has significant international corporate finance experience in the mining and resource sector and has worked in China, Turkey, UK and Australia. Mr. Ashley is a registered FCMA and Graduate of Emile Woolf University, London. Mr. Hernan Dorado Smith is a 5th generation mining engineer and possesses 15 years of underground and open pit mining experience. He has in-depth and local knowledge of the El Pinguico mine and the surrounding geological formation. Hernan has worked with several world class producers on major projects, such as, New Gold at Peak Mine, Australia and Rainy River, Canada; Panamerican Silver at Navidad, Argentina and La Preciosa, Mexico. His experience at the various stages of mining, pre-feasibility, feasibility, construction and operations bring considerable value to Vangold. Hernan graduated as a Mining Engineer from Universidad de Guanajuato in 2003, received an Executive MBA from Escuela Europea de Negocios, Salamanca in 2013, and is a member of the Mining of the Mineral and Metallurgical Society of America (MMSA). In addition, Vangold is also pleased to announce the appointment of Mr. Cameron King as a Director and Vangold's new President and CEO. Mr. King brings over 25 years' experience in investment banking strategy, mergers and acquisitions and building corporate development relationships. Mr. King was a member of the Corporate Banking team with the Bank of Nova Scotia specializing in M&A and Senior VP Mid-Market Finance with Jendens Financial, London UK. Throughout Mr. King`s career, he has held director positions with Petro Novus AG, Endeavor Energy, Quest Oil and Holloman Energy Corporation. Mr. King founded the mining engineering firm Camline Mining Wear Technologies Ltd. in 1994, specializing in mineral processing, operations and efficiencies. Mr. King obtained his MBA in 1991 from Lake Superior State University, Michigan and holds a degree in Chemical Engineering and Bachelor of Commerce from McMaster University. Mr. Dal Brynelsen has stepped down as President and CEO, but will remain as a director and Chairman of the Board. Vangold is extremely grateful for his almost 30 years of dedication to Vangold, and we will continue to rely on Dal`s guidance, experience and success. He is a founding director of Griffin Mining Limited (LSE: GFM), which is one of the few western mining companies operating China. Mr. Keith Anderson has also resigned as director of the Company. Vangold would like to thank Mr. Keith Anderson for his continued support and wishes him the very best in his future endeavours. The company is pleased to announce that it has closed the final tranche of its $500,000 non-brokered private placement of $0.05 units (the "$0.05 Placement" - see news release dated December 13, 2016) and its $500,000 non-brokered private placement of $0.09 units (the "$0.09 Placement" - refer news release dated February 23, 2017). The final tranche of the $0.05 Placement consisted of 3,500,000 units at a price of $0.05 per unit for gross proceeds of $175,000 (for unit terms, see news release dated December 13, 2016). The securities issued in the final tranche have a hold period expiring August 25, 2017. The $0.09 Placement consisted of 5,555,556 units at a price of $0.09 per unit for gross proceeds of $500,000 (for unit terms, see news release dated February 23, 2017). Finder's fees were paid in the amount of $10,500 and 116,667 finder's warrants. All securities issued in the $0.09 Placement have a hold period expiring August 25, 2017. Vangold is a development stage silver company, focused on silver and gold production in Mexico and is aggressively pursuing its business plan of becoming a senior producer through the development of its existing mineral property assets and the pursuit through acquisition of additional mineral assets which contribute to Vangold achieving its aggressive corporate growth objectives. Neither the TSX Venture Exchange nor its Regulations 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. This news release includes certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target", "plan", "forecast", "may", "schedule" and similar words or expressions, identify forward-looking statements or information. These forward-looking statements or information relate to, among other things: the price of silver and other metals; the accuracy of mineral reserve and resource estimates and estimates of future production and costs of production at our properties; estimated production rates for silver and other payable metals produced by us, the estimated cost of development of our development projects; the effects of laws, regulations and government policies on our operations, including, without limitation, the laws in Mexico which currently have significant restrictions related to mining; obtaining or maintaining necessary permits, licences and approvals from government authorities; and continued access to necessary infrastructure, including, without limitation, access to power, land, water and roads to carry on activities as planned. These statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: fluctuations in the spot and forward price of silver, gold, base metals or certain other commodities (such as natural gas, fuel oil and electricity); fluctuations in the currency markets (such as the Canadian dollar and Mexican peso versus the U.S. dollar); changes in national and local government, legislation, taxation, controls, regulations and political or economic developments in Canada, Mexico; operating or technical difficulties in connection with mining or development activities; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins and flooding); risks relating to the credit worthiness or financial condition of suppliers, refiners and other parties with whom the Company does business; inability to obtain adequate insurance to cover risks and hazards; and the presence of laws and regulations that may impose restrictions on mining, including those currently enacted in Mexico; employee relations; relationships with and claims by local communities and indigenous populations; availability and increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development, including the risks of obtaining necessary licenses, permits and approvals from government authorities; diminishing quantities or grades of mineral reserves as properties are mined; the Company's title to properties; and the factors identified under the caption "Risk Factors" in the Company's Annual Information Form, under the caption "Risks Relating to Vangold Resource's Business." Investors are cautioned against attributing undue certainty to forward-looking statements or information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law. VANCOUVER, BC / ACCESSWIRE / April 26, 2017 / VANGOLD RESOURCES LTD. (TSXV: VAN) (OTC PINK: VNGRF) (the "Company" or "Vangold") is pleased to announce the appointments of Mr. Mark Ashley, Mr. Hernan Dorado Smith and Mr. Cameron Scott King to the Board of Directors of Vangold. Mr. Ashley is a successful resource executive with over 30-years' experience in asset selection and optimizing mining properties for production. Vangold will be relying on Mr. Ashley to bring his in-depth knowledge of the technical, commercial, and financial aspects to the development of the El Pinguico Mine. As CEO of LionOre Mining International, Mr. Ashley led the successful takeover by Norilsk Nickel in 2007 for $6 Billion CDN. He has held senior executive roles in several internationally listed entities including Normandy Mining, Cluff Resources, Kagara Zinc and Apex Minerals. Mr. Ashley was also a director of the Australian Gold Council, the World Gold Council and a Council Member for Curtin University (in West Australian). He has significant international corporate finance experience in the mining and resource sector and has worked in China, Turkey, UK and Australia. Mr. Ashley is a registered FCMA and Graduate of Emile Woolf University, London. Mr. Hernan Dorado Smith is a 5th generation mining engineer and possesses 15 years of underground and open pit mining experience. He has in-depth and local knowledge of the El Pinguico mine and the surrounding geological formation. Hernan has worked with several world class producers on major projects, such as, New Gold at Peak Mine, Australia and Rainy River, Canada; Panamerican Silver at Navidad, Argentina and La Preciosa, Mexico. His experience at the various stages of mining, pre-feasibility, feasibility, construction and operations bring considerable value to Vangold. Hernan graduated as a Mining Engineer from Universidad de Guanajuato in 2003, received an Executive MBA from Escuela Europea de Negocios, Salamanca in 2013, and is a member of the Mining of the Mineral and Metallurgical Society of America (MMSA). In addition, Vangold is also pleased to announce the appointment of Mr. Cameron King as a Director and Vangold's new President and CEO. Mr. King brings over 25 years' experience in investment banking strategy, mergers and acquisitions and building corporate development relationships. Mr. King was a member of the Corporate Banking team with the Bank of Nova Scotia specializing in M&A and Senior VP Mid-Market Finance with Jendens Financial, London UK. Throughout Mr. King`s career, he has held director positions with Petro Novus AG, Endeavor Energy, Quest Oil and Holloman Energy Corporation. Mr. King founded the mining engineering firm Camline Mining Wear Technologies Ltd. in 1994, specializing in mineral processing, operations and efficiencies. Mr. King obtained his MBA in 1991 from Lake Superior State University, Michigan and holds a degree in Chemical Engineering and Bachelor of Commerce from McMaster University. Mr. Dal Brynelsen has stepped down as President and CEO, but will remain as a director and Chairman of the Board. Vangold is extremely grateful for his almost 30 years of dedication to Vangold, and we will continue to rely on Dal`s guidance, experience and success. He is a founding director of Griffin Mining Limited (LSE: GFM), which is one of the few western mining companies operating China. Mr. Keith Anderson has also resigned as director of the Company. Vangold would like to thank Mr. Keith Anderson for his continued support and wishes him the very best in his future endeavours. The company is pleased to announce that it has closed the final tranche of its $500,000 non-brokered private placement of $0.05 units (the "$0.05 Placement" - see news release dated December 13, 2016) and its $500,000 non-brokered private placement of $0.09 units (the "$0.09 Placement" - refer news release dated February 23, 2017). The final tranche of the $0.05 Placement consisted of 3,500,000 units at a price of $0.05 per unit for gross proceeds of $175,000 (for unit terms, see news release dated December 13, 2016). The securities issued in the final tranche have a hold period expiring August 25, 2017. The $0.09 Placement consisted of 5,555,556 units at a price of $0.09 per unit for gross proceeds of $500,000 (for unit terms, see news release dated February 23, 2017). Finder's fees were paid in the amount of $10,500 and 116,667 finder's warrants. All securities issued in the $0.09 Placement have a hold period expiring August 25, 2017. Vangold is a development stage silver company, focused on silver and gold production in Mexico and is aggressively pursuing its business plan of becoming a senior producer through the development of its existing mineral property assets and the pursuit through acquisition of additional mineral assets which contribute to Vangold achieving its aggressive corporate growth objectives. Neither the TSX Venture Exchange nor its Regulations 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. This news release includes certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target", "plan", "forecast", "may", "schedule" and similar words or expressions, identify forward-looking statements or information. These forward-looking statements or information relate to, among other things: the price of silver and other metals; the accuracy of mineral reserve and resource estimates and estimates of future production and costs of production at our properties; estimated production rates for silver and other payable metals produced by us, the estimated cost of development of our development projects; the effects of laws, regulations and government policies on our operations, including, without limitation, the laws in Mexico which currently have significant restrictions related to mining; obtaining or maintaining necessary permits, licences and approvals from government authorities; and continued access to necessary infrastructure, including, without limitation, access to power, land, water and roads to carry on activities as planned. These statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: fluctuations in the spot and forward price of silver, gold, base metals or certain other commodities (such as natural gas, fuel oil and electricity); fluctuations in the currency markets (such as the Canadian dollar and Mexican peso versus the U.S. dollar); changes in national and local government, legislation, taxation, controls, regulations and political or economic developments in Canada, Mexico; operating or technical difficulties in connection with mining or development activities; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins and flooding); risks relating to the credit worthiness or financial condition of suppliers, refiners and other parties with whom the Company does business; inability to obtain adequate insurance to cover risks and hazards; and the presence of laws and regulations that may impose restrictions on mining, including those currently enacted in Mexico; employee relations; relationships with and claims by local communities and indigenous populations; availability and increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development, including the risks of obtaining necessary licenses, permits and approvals from government authorities; diminishing quantities or grades of mineral reserves as properties are mined; the Company's title to properties; and the factors identified under the caption "Risk Factors" in the Company's Annual Information Form, under the caption "Risks Relating to Vangold Resource's Business." Investors are cautioned against attributing undue certainty to forward-looking statements or information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.


News Article | April 26, 2017
Site: marketersmedia.com

VANCOUVER, BC / ACCESSWIRE / April 26, 2017 / VANGOLD RESOURCES LTD. (TSX-V: VAN) (OTC PINK: VNGRF) (the "Company" or "Vangold") is pleased to announce the appointments of Mr. Mark Ashley, Mr. Hernan Dorado Smith and Mr. Cameron Scott King to the Board of Directors of Vangold. Mr. Ashley, who is joining the board as a non-executive director, is a successful resource executive with over 30-years' experience in asset selection, mine development and corporate and strategic optimizations. Vangold will be relying on Mr. Ashley to bring his in-depth knowledge of the technical, commercial, and financial aspects to the development of the El Pinguico Mine. As CEO of LionOre Mining International based in Australia, Mr. Ashley led the successful growth of the company culminating in its takeover by Norilsk Nickel in 2007 for US$7 Billion. He has held senior executive roles with several internationally listed entities including Normandy Mining, Cluff Resources, Kagara Zinc and Apex Minerals. Mr. Ashley was also a director of the Australian Gold Council, the Royal Flying Doctor Service (Western Australia) and a Council Member for Curtin University (in West Australian). He has significant international corporate finance experience in the mining and resource sector and has worked for extensive periods in China, Turkey, UK and Australia. Mr. Ashley is a Fellow of the Chartered Institute of Management Accountants. Mr. Hernan Dorado Smith is a 5th generation mining engineer and possesses 15 years of underground and open pit mining experience. He has in-depth and local knowledge of the El Pinguico mine and the surrounding geological formation. Hernan has worked with several world class producers on major projects, such as, New Gold at Peak Mine, Australia and Rainy River, Canada; Panamerican Silver at Navidad, Argentina and La Preciosa, Mexico. His experience at the various stages of mining, pre-feasibility, feasibility, construction and operations bring considerable value to Vangold. Hernan graduated as a Mining Engineer from Universidad de Guanajuato in 2003, received an Executive MBA from Escuela Europea de Negocios, Salamanca in 2013, and is a member of the Mining of the Mineral and Metallurgical Society of America (MMSA). In addition, Vangold is also pleased to announce the appointment of Mr. Cameron King as a Director and Vangold's new President and CEO. Mr. King brings over 25 years' experience in investment banking strategy, mergers and acquisitions and building corporate development relationships. Mr. King was a member of the Corporate Banking team with the Bank of Nova Scotia specializing in M&A and Senior VP Mid-Market Finance with Jendens Financial, London UK. Throughout Mr. King`s career, he has held director positions with Petro Novus AG, Endeavor Energy, Quest Oil and Holloman Energy Corporation. Mr. King founded the mining engineering firm Camline Mining Wear Technologies Ltd. in 1994, specializing in mineral processing, operations and efficiencies. Mr. King obtained his MBA in 1991 from Lake Superior State University, Michigan and holds a degree in Chemical Engineering and Bachelor of Commerce from McMaster University. Mr. Dal Brynelsen has stepped down as President and CEO, but will remain as a director and Chairman of the Board. Vangold is extremely grateful for his almost 30 years of dedication to Vangold, and we will continue to rely on Dal`s guidance, experience and success. He is a founding director of Griffin Mining Limited (LSE:GFM), which is one of the few western mining companies operating in China. Mr. Keith Anderson has also resigned as director of the Company. Vangold would like to thank Mr. Keith Anderson for his continued support and wishes him the very best in his future endeavours. The company is pleased to announce that it has closed the final tranche of its $500,000 non-brokered private placement of $0.05 units (the "$0.05 Placement" - see news release dated December 13, 2016) and its $500,000 non-brokered private placement of $0.09 units (the "$0.09 Placement" - refer news release dated February 23, 2017). The final tranche of the $0.05 Placement consisted of 3,500,000 units at a price of $0.05 per unit for gross proceeds of $175,000 (for unit terms, see news release dated December 13, 2016). The securities issued in the final tranche have a hold period expiring August 25, 2017. The $0.09 Placement consisted of 5,555,556 units at a price of $0.09 per unit for gross proceeds of $500,000 (for unit terms, see news release dated February 23, 2017). Finder's fees were paid in the amount of $10,500 and 116,667 finder's warrants. All securities issued in the $0.09 Placement have a hold period expiring August 25, 2017. Vangold is a development stage silver company, focused on silver and gold production in Mexico and is aggressively pursuing its business plan of becoming a senior producer through the development of its existing mineral property assets and the pursuit through acquisition of additional mineral assets which contribute to Vangold achieving its aggressive corporate growth objectives. Neither the TSX Venture Exchange nor its Regulations 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. This news release includes certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target", "plan", "forecast", "may", "schedule" and similar words or expressions, identify forward-looking statements or information. These forward-looking statements or information relate to, among other things: the price of silver and other metals; the accuracy of mineral reserve and resource estimates and estimates of future production and costs of production at our properties; estimated production rates for silver and other payable metals produced by us, the estimated cost of development of our development projects; the effects of laws, regulations and government policies on our operations, including, without limitation, the laws in Mexico which currently have significant restrictions related to mining; obtaining or maintaining necessary permits, licences and approvals from government authorities; and continued access to necessary infrastructure, including, without limitation, access to power, land, water and roads to carry on activities as planned. These statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: fluctuations in the spot and forward price of silver, gold, base metals or certain other commodities (such as natural gas, fuel oil and electricity); fluctuations in the currency markets (such as the Canadian dollar and Mexican peso versus the U.S. dollar); changes in national and local government, legislation, taxation, controls, regulations and political or economic developments in Canada, Mexico; operating or technical difficulties in connection with mining or development activities; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins and flooding); risks relating to the credit worthiness or financial condition of suppliers, refiners and other parties with whom the Company does business; inability to obtain adequate insurance to cover risks and hazards; and the presence of laws and regulations that may impose restrictions on mining, including those currently enacted in Mexico; employee relations; relationships with and claims by local communities and indigenous populations; availability and increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development, including the risks of obtaining necessary licenses, permits and approvals from government authorities; diminishing quantities or grades of mineral reserves as properties are mined; the Company's title to properties; and the factors identified under the caption "Risk Factors" in the Company's Annual Information Form, under the caption "Risks Relating to Vangold Resource's Business". Investors are cautioned against attributing undue certainty to forward-looking statements or information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law. VANCOUVER, BC / ACCESSWIRE / April 26, 2017 / VANGOLD RESOURCES LTD. (TSX-V: VAN) (OTC PINK: VNGRF) (the "Company" or "Vangold") is pleased to announce the appointments of Mr. Mark Ashley, Mr. Hernan Dorado Smith and Mr. Cameron Scott King to the Board of Directors of Vangold. Mr. Ashley, who is joining the board as a non-executive director, is a successful resource executive with over 30-years' experience in asset selection, mine development and corporate and strategic optimizations. Vangold will be relying on Mr. Ashley to bring his in-depth knowledge of the technical, commercial, and financial aspects to the development of the El Pinguico Mine. As CEO of LionOre Mining International based in Australia, Mr. Ashley led the successful growth of the company culminating in its takeover by Norilsk Nickel in 2007 for US$7 Billion. He has held senior executive roles with several internationally listed entities including Normandy Mining, Cluff Resources, Kagara Zinc and Apex Minerals. Mr. Ashley was also a director of the Australian Gold Council, the Royal Flying Doctor Service (Western Australia) and a Council Member for Curtin University (in West Australian). He has significant international corporate finance experience in the mining and resource sector and has worked for extensive periods in China, Turkey, UK and Australia. Mr. Ashley is a Fellow of the Chartered Institute of Management Accountants. Mr. Hernan Dorado Smith is a 5th generation mining engineer and possesses 15 years of underground and open pit mining experience. He has in-depth and local knowledge of the El Pinguico mine and the surrounding geological formation. Hernan has worked with several world class producers on major projects, such as, New Gold at Peak Mine, Australia and Rainy River, Canada; Panamerican Silver at Navidad, Argentina and La Preciosa, Mexico. His experience at the various stages of mining, pre-feasibility, feasibility, construction and operations bring considerable value to Vangold. Hernan graduated as a Mining Engineer from Universidad de Guanajuato in 2003, received an Executive MBA from Escuela Europea de Negocios, Salamanca in 2013, and is a member of the Mining of the Mineral and Metallurgical Society of America (MMSA). In addition, Vangold is also pleased to announce the appointment of Mr. Cameron King as a Director and Vangold's new President and CEO. Mr. King brings over 25 years' experience in investment banking strategy, mergers and acquisitions and building corporate development relationships. Mr. King was a member of the Corporate Banking team with the Bank of Nova Scotia specializing in M&A and Senior VP Mid-Market Finance with Jendens Financial, London UK. Throughout Mr. King`s career, he has held director positions with Petro Novus AG, Endeavor Energy, Quest Oil and Holloman Energy Corporation. Mr. King founded the mining engineering firm Camline Mining Wear Technologies Ltd. in 1994, specializing in mineral processing, operations and efficiencies. Mr. King obtained his MBA in 1991 from Lake Superior State University, Michigan and holds a degree in Chemical Engineering and Bachelor of Commerce from McMaster University. Mr. Dal Brynelsen has stepped down as President and CEO, but will remain as a director and Chairman of the Board. Vangold is extremely grateful for his almost 30 years of dedication to Vangold, and we will continue to rely on Dal`s guidance, experience and success. He is a founding director of Griffin Mining Limited (LSE:GFM), which is one of the few western mining companies operating in China. Mr. Keith Anderson has also resigned as director of the Company. Vangold would like to thank Mr. Keith Anderson for his continued support and wishes him the very best in his future endeavours. The company is pleased to announce that it has closed the final tranche of its $500,000 non-brokered private placement of $0.05 units (the "$0.05 Placement" - see news release dated December 13, 2016) and its $500,000 non-brokered private placement of $0.09 units (the "$0.09 Placement" - refer news release dated February 23, 2017). The final tranche of the $0.05 Placement consisted of 3,500,000 units at a price of $0.05 per unit for gross proceeds of $175,000 (for unit terms, see news release dated December 13, 2016). The securities issued in the final tranche have a hold period expiring August 25, 2017. The $0.09 Placement consisted of 5,555,556 units at a price of $0.09 per unit for gross proceeds of $500,000 (for unit terms, see news release dated February 23, 2017). Finder's fees were paid in the amount of $10,500 and 116,667 finder's warrants. All securities issued in the $0.09 Placement have a hold period expiring August 25, 2017. Vangold is a development stage silver company, focused on silver and gold production in Mexico and is aggressively pursuing its business plan of becoming a senior producer through the development of its existing mineral property assets and the pursuit through acquisition of additional mineral assets which contribute to Vangold achieving its aggressive corporate growth objectives. Neither the TSX Venture Exchange nor its Regulations 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. This news release includes certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target", "plan", "forecast", "may", "schedule" and similar words or expressions, identify forward-looking statements or information. These forward-looking statements or information relate to, among other things: the price of silver and other metals; the accuracy of mineral reserve and resource estimates and estimates of future production and costs of production at our properties; estimated production rates for silver and other payable metals produced by us, the estimated cost of development of our development projects; the effects of laws, regulations and government policies on our operations, including, without limitation, the laws in Mexico which currently have significant restrictions related to mining; obtaining or maintaining necessary permits, licences and approvals from government authorities; and continued access to necessary infrastructure, including, without limitation, access to power, land, water and roads to carry on activities as planned. These statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: fluctuations in the spot and forward price of silver, gold, base metals or certain other commodities (such as natural gas, fuel oil and electricity); fluctuations in the currency markets (such as the Canadian dollar and Mexican peso versus the U.S. dollar); changes in national and local government, legislation, taxation, controls, regulations and political or economic developments in Canada, Mexico; operating or technical difficulties in connection with mining or development activities; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins and flooding); risks relating to the credit worthiness or financial condition of suppliers, refiners and other parties with whom the Company does business; inability to obtain adequate insurance to cover risks and hazards; and the presence of laws and regulations that may impose restrictions on mining, including those currently enacted in Mexico; employee relations; relationships with and claims by local communities and indigenous populations; availability and increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development, including the risks of obtaining necessary licenses, permits and approvals from government authorities; diminishing quantities or grades of mineral reserves as properties are mined; the Company's title to properties; and the factors identified under the caption "Risk Factors" in the Company's Annual Information Form, under the caption "Risks Relating to Vangold Resource's Business". Investors are cautioned against attributing undue certainty to forward-looking statements or information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.


News Article | April 26, 2017
Site: www.accesswire.com

VANCOUVER, BC / ACCESSWIRE / April 26, 2017 / VANGOLD RESOURCES LTD. (TSX-V: VAN) (OTC PINK: VNGRF) (the "Company" or "Vangold") is pleased to announce the appointments of Mr. Mark Ashley, Mr. Hernan Dorado Smith and Mr. Cameron Scott King to the Board of Directors of Vangold. Mr. Ashley, who is joining the board as a non-executive director, is a successful resource executive with over 30-years' experience in asset selection, mine development and corporate and strategic optimizations. Vangold will be relying on Mr. Ashley to bring his in-depth knowledge of the technical, commercial, and financial aspects to the development of the El Pinguico Mine. As CEO of LionOre Mining International based in Australia, Mr. Ashley led the successful growth of the company culminating in its takeover by Norilsk Nickel in 2007 for US$7 Billion. He has held senior executive roles with several internationally listed entities including Normandy Mining, Cluff Resources, Kagara Zinc and Apex Minerals. Mr. Ashley was also a director of the Australian Gold Council, the Royal Flying Doctor Service (Western Australia) and a Council Member for Curtin University (in West Australian). He has significant international corporate finance experience in the mining and resource sector and has worked for extensive periods in China, Turkey, UK and Australia. Mr. Ashley is a Fellow of the Chartered Institute of Management Accountants. Mr. Hernan Dorado Smith is a 5th generation mining engineer and possesses 15 years of underground and open pit mining experience. He has in-depth and local knowledge of the El Pinguico mine and the surrounding geological formation. Hernan has worked with several world class producers on major projects, such as, New Gold at Peak Mine, Australia and Rainy River, Canada; Panamerican Silver at Navidad, Argentina and La Preciosa, Mexico. His experience at the various stages of mining, pre-feasibility, feasibility, construction and operations bring considerable value to Vangold. Hernan graduated as a Mining Engineer from Universidad de Guanajuato in 2003, received an Executive MBA from Escuela Europea de Negocios, Salamanca in 2013, and is a member of the Mining of the Mineral and Metallurgical Society of America (MMSA). In addition, Vangold is also pleased to announce the appointment of Mr. Cameron King as a Director and Vangold's new President and CEO. Mr. King brings over 25 years' experience in investment banking strategy, mergers and acquisitions and building corporate development relationships. Mr. King was a member of the Corporate Banking team with the Bank of Nova Scotia specializing in M&A and Senior VP Mid-Market Finance with Jendens Financial, London UK. Throughout Mr. King`s career, he has held director positions with Petro Novus AG, Endeavor Energy, Quest Oil and Holloman Energy Corporation. Mr. King founded the mining engineering firm Camline Mining Wear Technologies Ltd. in 1994, specializing in mineral processing, operations and efficiencies. Mr. King obtained his MBA in 1991 from Lake Superior State University, Michigan and holds a degree in Chemical Engineering and Bachelor of Commerce from McMaster University. Mr. Dal Brynelsen has stepped down as President and CEO, but will remain as a director and Chairman of the Board. Vangold is extremely grateful for his almost 30 years of dedication to Vangold, and we will continue to rely on Dal`s guidance, experience and success. He is a founding director of Griffin Mining Limited (LSE:GFM), which is one of the few western mining companies operating in China. Mr. Keith Anderson has also resigned as director of the Company. Vangold would like to thank Mr. Keith Anderson for his continued support and wishes him the very best in his future endeavours. The company is pleased to announce that it has closed the final tranche of its $500,000 non-brokered private placement of $0.05 units (the "$0.05 Placement" - see news release dated December 13, 2016) and its $500,000 non-brokered private placement of $0.09 units (the "$0.09 Placement" - refer news release dated February 23, 2017). The final tranche of the $0.05 Placement consisted of 3,500,000 units at a price of $0.05 per unit for gross proceeds of $175,000 (for unit terms, see news release dated December 13, 2016). The securities issued in the final tranche have a hold period expiring August 25, 2017. The $0.09 Placement consisted of 5,555,556 units at a price of $0.09 per unit for gross proceeds of $500,000 (for unit terms, see news release dated February 23, 2017). Finder's fees were paid in the amount of $10,500 and 116,667 finder's warrants. All securities issued in the $0.09 Placement have a hold period expiring August 25, 2017. Vangold is a development stage silver company, focused on silver and gold production in Mexico and is aggressively pursuing its business plan of becoming a senior producer through the development of its existing mineral property assets and the pursuit through acquisition of additional mineral assets which contribute to Vangold achieving its aggressive corporate growth objectives. Neither the TSX Venture Exchange nor its Regulations 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. This news release includes certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target", "plan", "forecast", "may", "schedule" and similar words or expressions, identify forward-looking statements or information. These forward-looking statements or information relate to, among other things: the price of silver and other metals; the accuracy of mineral reserve and resource estimates and estimates of future production and costs of production at our properties; estimated production rates for silver and other payable metals produced by us, the estimated cost of development of our development projects; the effects of laws, regulations and government policies on our operations, including, without limitation, the laws in Mexico which currently have significant restrictions related to mining; obtaining or maintaining necessary permits, licences and approvals from government authorities; and continued access to necessary infrastructure, including, without limitation, access to power, land, water and roads to carry on activities as planned. These statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: fluctuations in the spot and forward price of silver, gold, base metals or certain other commodities (such as natural gas, fuel oil and electricity); fluctuations in the currency markets (such as the Canadian dollar and Mexican peso versus the U.S. dollar); changes in national and local government, legislation, taxation, controls, regulations and political or economic developments in Canada, Mexico; operating or technical difficulties in connection with mining or development activities; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins and flooding); risks relating to the credit worthiness or financial condition of suppliers, refiners and other parties with whom the Company does business; inability to obtain adequate insurance to cover risks and hazards; and the presence of laws and regulations that may impose restrictions on mining, including those currently enacted in Mexico; employee relations; relationships with and claims by local communities and indigenous populations; availability and increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development, including the risks of obtaining necessary licenses, permits and approvals from government authorities; diminishing quantities or grades of mineral reserves as properties are mined; the Company's title to properties; and the factors identified under the caption "Risk Factors" in the Company's Annual Information Form, under the caption "Risks Relating to Vangold Resource's Business". Investors are cautioned against attributing undue certainty to forward-looking statements or information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.


News Article | June 6, 2017
Site: www.marketwired.com

MIAMI, FL--(Marketwired - Jun 6, 2017) -   Novus Acquisition and Development Corp. ( : NDEV), the nation's first healthcare insurance carrier/aggregator in the medical cannabis sector, announced today its new benefit plan, Cannabis Health Savings Account ("CHSA") to its insurance arsenal. Many of the nation's major health insurers are exiting the healthcare.gov market place, known as ("InsurExit"). It is nothing short of chaos, and for the Novus MedPlan it's a great time, because in the midst of this chaos there is opportunity. For example: The Certainty of Chaos Federal lawmakers from both sides of the aisle will never be happy on healthcare regulation. With the Senate being two votes away from continuing this quagmire for months to come, one thing is certain: with major insurers such as Aetna and Humana continuing their InsurExit from many states, this leaves tens of millions of Americans with little or no coverage at all this coming November. The Certainty of Opportunity At Novus after months of careful review on the uncertainty of healthcare we've come to the conclusion that in Washington it's about controlling the budget, whether it's called Affordable Care Act (ACA) or American Healthcare Act (AHCA). One thing is certain: all signs point from a repeal and replace to a reform, packaged under a different name. The opportunity is inherent, with many Americans with little or no healthcare benefits; the Novus MedPlan will step in and fill the gap to bridge consumers and small business employers with tailored healthcare packages that are affordable. Novus Target Audience Currently, the casualty rate of the InsurExit is approximately three million enrollees. Those who wait until they are sick or let policies lapse to purchase coverage will incur an extra 30 percent increase of premiums, weighing a hefty price to an already expensive healthcare environment. How does Novus contribute to the lowering healthcare cost with their cannabis medplan packages? Unveiling Of Cannabis Health Savings Account As we develop our cannabis health insurance infrastructure, one area of expansion is a tax-free Cannabis Health Savings Account (CHSA). Coined from the Health Savings Account "HSA" is a tax-advantaged medical savings program where the taxpayer(s) who is enrolled in a high-deductible health plan (HDHP) will get relief from first dollar expenses. Consumers contribute funds through their employer to an account that can be applied towards special medical needs that are covered by the Novus MedPlan. This will be particularly advantageous to the American worker adding $2,750 to $13,000 to the wages of a typical worker with individual or family coverage, respectively. Congress is considering its own HSA plan, Sen. Jeff Flake (R-AZ) and Rep. Dave Brat (R-VA) have introduced legislation to create government sponsored HSA. However with our experience, the legal cannabis medical users would prefer the private market to handle such a task rather than the government. Novus HSA Helps The Insured With High Deductibles Employers can place an employee that has a high deductible in CHSA, since Novus is approved for sale of annuities this would comply as long as it's institutional. Some other reasons why Novus is implementing CHSA: In Closing Since it was proposed during the Reagan Bush Administration HSA's have witnessed steady growth. With Novus tailored benefit packages targeting cannabis and the needs of healthcare for the consumer, this provides an attractive, savings option for Americans who want their healthcare more affordable. The CHSA plan will be geared to 20 million lives covered, and continued enrollment with the proposal of new healthcare reform, which Novus will continually monitor for new opportunities. About Novus Novus Acquisition & Development Corp. ( : NDEV), through its subsidiary WCIG Insurance, provides health insurance and related insurance solutions within the wellness and medical marijuana industries in states where legal programs exist. Novus has positioned itself to gain market share within many lines of insurance business within and outside of the MMJ sector. Novus will work as outside developers and will not cultivate, handle, transport grow, extract, dispense, put up for sale, put on the market, vend, deliver, supply, circulate, or trade cannabis or any substances that violate the United States law or the Controlled Substances Act, nor does it intend to do so in the future and will continue to follow state and federal laws. The statements made about specific products have not been evaluated by the United States Food and Drug Administration (FDA) and are not intended to diagnose, treat, cure or prevent disease. All information provided on these press releases or any information contained on or in any product label or packaging is for informational purposes only and is not intended as a substitute for advice from your physician or other health care professional. Once a push notification is competed the transaction is solely between the state-licensed dispensary and the registered patient. The information provided in this press release is general in nature and does not apply to any specific U.S. state except where noted. Health insurance regulations differ in each state and all plans proposed or implemented can be changed or modified according to compliance issues by Novus' management. The state laws are in conflict with the federal Controlled Substances Act. The current administration has effectively stated that it is not an efficient use of resources to direct federal law enforcement agencies to prosecute those lawfully abiding by state designated laws, allowing the use and distribution of medical marijuana. However, there is no guarantee that the current administration, nor any future administration, will not change this policy and decide to enforce the federal laws strongly. Any such change in the federal government's enforcement of current federal laws could cause significant financial changes to Novus Medical Group. While we do not intend to harvest, distribute or sell cannabis or cannabis related products, we may be harmed by a change in enforcement by federal or state governments. Forward-Looking Statements This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, includes codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. Novus Medical Group disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


Patent
Novus Inc | Date: 2013-11-05

A system, method, and computer program product for modeling a risk are provided. An equalizer and an equalizer backend model portfolio risk based on a scenario generated by the equalizer. A scenario includes an active factor, a passive factor, and a change in an active factor level. To model portfolio risk, the equalizer backend uses two-tiered regression analysis. In the first regression, the equalizer backend regresses the passive factor against the active factor and determines changes in a passive factor level. In the second regression, the equalizer backend regresses the changes in the passive and active factor levels against positions in the portfolio that models portfolio risk. The equalizer displays the modeled portfolio risk.


NEW YORK--(BUSINESS WIRE)--Novus, the world’s leading Portfolio Intelligence platform for institutional investors and managers, and Cheyne Capital Management LLP (Cheyne), the London-based global alternative investment manager, announced today that they have entered into a partnership to build an innovative fixed-income analytics platform for both allocators and managers within the investment community. The platform will harness the power of Novus’ robust data alongside Cheyne’s extensive credit investing expertise to provide risk-based analytics and portfolio insights typically not widely available in fixed income, to improve investment skills, portfolio optimisation and performance potential. The Credit team at Cheyne Capital will work closely with Novus’ engineers and data scientists to help inform and shape key product decisions to create this cutting-edge platform for institutional allocators and managers. Together, the partnership will look to contribute to the growing understanding of factor investing in credit markets. It will also assist Cheyne in advancing its own skillset and support Novus in expanding its analytics offering across the fixed income asset class, a field whose complexity has often confounded the provision of in-depth analytics. “Novus has made an impressive impact on the asset management industry by equipping both allocators and asset managers with insights and tools to better understand, measure and improve portfolio construction,” said Stuart Fiertz, Cheyne Capital’s co-founder, President and Director of Research. “At Cheyne, our priority is to consistently deliver value for our clients and the ability to have a strong understanding of both markets and positions, and glean insights accordingly is essential to achieving this. We see a growing opportunity for alternative asset managers and FinTech companies to work together to help propel our industry forward and provide higher-quality intelligence to allocators to improve processes for selecting investments and managers.” Andrea Gentilini, Head of Europe for Novus added: “Novus is committed to designing and building a world-class fixed-income analytics platform for the investor community. The company is investing a substantial amount of its technology and engineering resources into creating a fully deployable product that satisfies the market demand for better, more accurate and predictive fixed income analytics.” “By constructing a team of cutting-edge data scientists, credit analytics specialists and industry practitioners, Cheyne has become one of the most experienced and knowledgeable fixed-income experts. We are excited to work with Cheyne to build this platform, which will span research and portfolio management across the credit sector, and help to accelerate the development of Portfolio Intelligence in the broader investment community.” To learn more about the Novus Alpha Platform, please visit: https://www.novus.com/. Founded in 2007, Novus is the world’s leading Portfolio Intelligence Platform for institutional investors. We merge big data, analytics, and professional services to help investment managers and allocators operate more efficiently, discover key portfolio insights, and achieve their investment goals. Clients managing over $3 trillion dollars in assets rely on our products and services to help them make better investment decisions. Based out of New York, with offices in London, Zurich, Boston, and Chicago, Novus serves the global investment management community. Launched in 2000, Cheyne Capital is one of Europe’s leading alternative investment managers. Cheyne invests across the capital structure from the senior debt to the equity of corporates and real estate. With an investment philosophy grounded in rigorous fundamental analysis, the firm's main areas of expertise are: Real Estate Debt, Social Property Impact, Corporate Credit, Convertible Bonds, Event Driven and Equities. Cheyne Capital Management (U.K.) LLP is authorised and regulated in the U.K. by the Financial Conduct Authority, and registered as an Investment Adviser in the U.S. by the Securities and Exchange Commission.

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