CEMATRIX and Lafarge To Co-Develop Regional Cellular Concrete Markets

The CEMATRIX – Lafarge relationship has moved a couple of notches higher with today’s news that the companies have signed regional five-year agreements to develop mutually beneficial business opportunities.

This follows the signing last June of a five-year joint marketing agreement with the world’s largest cement company.

Since last year’s announcement, the two companies have been focused on growing business across Canada. CEMATRIX management has been training and educating Lafarge’s sales and marketing groups on the multiple applications and uses of cellular concrete. Today’s announcement of the new regional five-year agreement between Lafarge and CEMATRIX sheds some light on how this growth is expected to occur.

The two companies plan to place CEMATRIX equipment in a specific regional market where Lafarge has a sales force and physical presence and CEMATRIX does not. Lafarge will lease a ready mix unit from CEMATRIX, ancillary equipment and the needed staff for each project sold in that specific region. The plan is to roll out multiple regional agreements across the country as well as developing sales previously announced on larger supplied projects on a national basis.

Jeff Kendrick, CEO of CEMATRIX, stated, “It’s important to note that there is no technology transfer under either of the agreements.  The focus of both parties is to increase the sales of Lafarge cement and ready mix products by increasing sales of CEMATRIX cellular concrete across the country.”

To view news release, please click here.

CEMATRIX Corporation Announces Agreements to Develop Regional Cellular Concrete Markets With Lafarge Canada Inc.

Calgary, Alberta – February 28, 2017: CEMATRIX Corporation (TSXV: CVX) (the “Corporation” or the “Company” or “CEMATRIX”) is pleased to announce that its wholly owned subsidiary, CEMATRIX (Canada) Inc. has entered into agreements directed at developing regional markets for CEMATRIX cellular concrete through Lafarge Canada Inc. (“Lafarge”).

“These new five year agreements between Lafarge and CEMATRIX are focused on locating equipment in a specific regional market, where Lafarge has a physical presence, including a sales force. Mainly where CEMATRIX has no physical presence,” stated Mr. Kendrick, President and CEO of CEMATRIX. “The plan is facilitated by Lafarge leasing a ready mix supplied CEMATRIX processing unit and ancillary equipment from CEMATRIX and CEMATRIX providing experienced staff for each of the projects sold in the respective region.”

“Once the equipment is in place, both Lafarge and CEMATRIX have committed to focus their joint resources on the development of this new regional market for cellular concrete. Sales from this new market focus will take time to develop, as will sales from the previously announced joint marketing agreement that is focused on larger cement supplied projects on a national basis.”

“A critical factor to both parties, is that CEMATRIX has already successfully placed cellular concrete in several key projects in the initial region selected, so it is anticipated that the development of the market in this region will take much less time, than when CEMATRIX first introduced its products in Alberta. More importantly for CEMATRIX and Lafarge, is that the success of this venture will lead to the joint development of other regional cellular concrete markets across Canada”

“It’s important to note that there is no technology transfer under either of the agreements. The focus of both parties is to increase the sales of Lafarge cement and ready mix products, by increasing sales of CEMATRIX cellular concrete across the country”.

CEMATRIX is an Alberta corporation with its head offices in Calgary, Alberta. The Corporation, through its wholly owned subsidiary, is a rapidly growing, cash flow positive company that manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations. This unique cement based material with superior thermal protection delivers a cost-effective, innovative solution to a broad range of problems facing the infrastructure, industrial (including oil and gas) and commercial markets.

Neither 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.

For further information, please contact:

Jeff Kendrick – President and Chief Executive Officer
Phone: (403) 219-0484

Jeff Walker – The Howard Group – Investor Relations
Phone: (888) 221-0915 or (403) 221-0915
jeff@howardgroupinc.com

Forward-looking information: This news release contains certain information that is forward looking and is subject to important risks and uncertainties (such statements are usually accompanied by words such as “anticipate”, expect”, “would’ or other similar words). Forward looking statements in this document are intended to provide CEMATRIX security holders and potential investors with information regarding CEMATRIX and its subsidiaries’ future financial and operations plans and outlook. All forward looking statements reflect CEMATRIX’s beliefs and assumptions based on information available at the time the statements were made. Readers are cautioned not to place undue reliance on this forward looking information. CEMATRIX undertakes no obligation to update or revise forward looking information except as required by law. For additional information on the assumptions made and the risks and uncertainties which may cause actual results to differ from the anticipated results, refer the CEMATRIX’s Management Discussion and Analysis dated May 4, 2016 under CEMATRIX’s profile on SEDAR at www.sedar.com and other reports filed by CEMATRIX with Canadian securities regulators.

LGC Capital Announces Changes To Its Executive Team

Not For Distribution to U.S. News Wire Services or Dissemination In The United States

MONTREAL, Feb. 23, 2017 – LGC Capital Ltd. (TSXV: QBA) (“LGC Capital“) today announced changes to its executive management team. Mr. John McMullen has been appointed as Chief Executive Officer of LGC Capital to replace Mr. David Lenigas. Mr. Lenigas will continue to be very active with LGC Capital and remain as Co-Chairman of the Board of Directors.

Mr. McMullen has been an advisor to LGC Capital since its listing on the TSX Venture Exchange in July 2016. In a career of more than 20 years, Mr. McMullen gained extensive experience in international capital markets, with specific emphasis on supporting and advising micro and small cap publicly traded companies. During that time, Mr. McMullen held various positions at major investment firms. He is a graduate of the University of Western Ontario with a Bachelor of Arts Degree and resides in Toronto with his family.

“John is the professional this company needs to take it to the next level,” stated David Lenigas Co-Chairman of the Board of Directors. “He will provide the leadership and the necessary full time presence in the Canadian marketplace. Together, we will continue to build a company that will generate cash flow, by uniquely leveraging the opening of the Cuban economy to the world.”

“I am extremely excited to have the opportunity to lead LGC Capital,” said John McMullen. “I am motivated and fully committed to delivering the necessary results to take advantage of this great opportunity for our partners and investors.”

The appointment of Mr. McMullen as Chief Executive Officer of LGC Capital is subject to regulatory approval.

About LGC Capital

LGC Capital has significant investments and joint ventures in international companies with Cuban ties, that are well positioned to grow with the Cuban economy. Sectors include the following: Oil and Gas, Sports Management, Consulting, Travel & Tourism, Events, TV & Film Production, Agricultural, Renewable Energy and Import & Export.

Caution Regarding Press Releases
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information please contact:

Canada Contact:
John McMullen, Chief Executive Officer
Tel.: (416) 803-0698
Email: John@lgc-capital.com

London Office Contact:
Anthony Samaha, Chief Financial Officer
Tel.: +44 (0) 20 7440 0640

Investor Relations Contact:
Dave Burwell
The Howard Group Inc.
Tel.: (403) 221-9015
Toll Free: 1-888-221-0915
Email: dave@howardgroupinc.com

Alex Ruus on FLYHT: “This Will Become, Over Time, a Global Standard for the Industry.”

FLY:TSXV

Arrow Capital Management portfolio manager Alex Ruus was very upbeat in response to a question regarding FLYHT Aerospace during yesterday’s appearance on BNN’s Market Call Tonight. FLYHT was selected as a “Top Pick” on an earlier episode of the show.

Here are some key points Mr. Ruus made about FLYHT during the segment.

  • “FLYHT is an ‘Internet of Things’ company for the aircraft industry.”
  • “They provide critical data streaming from planes to the ground.”
  • “I would argue that they are the leaders in that segment. They’ve done a deal with Airbus. I would argue that this will become, over time, a global standard for the industry.”
  • “After three or four years of struggling from a stock perspective. The stock has recently perked up and we think that that is just the start of great things to come.”
  • “Things are progressing there, we think there’ll be good news this year and we think the stock will go significantly higher.”

Please click here to watch the full segment.

Electra Meccanica Opens First Solo Intro Store in Downtown Vancouver

Electric Vehicle Maker Establishing Retail Footprint for SOLO Dealerships

Vancouver, British Columbia – February 15, 2017 – Electra Meccanica Vehicles Corp. (EMV), a Canadian-based designer and manufacturer of the SOLO, an all-electric single passenger vehicle developed to revolutionize the way people commute, opened its first retail Intro Store today in downtown Vancouver. Located in Bentall Centre, the Intro Store welcomes interested customers to learn more about the SOLO, talk with EMV representatives and place their reservations.

Jerry Kroll, founder and CEO of Electra Meccanica, explains, “Our stores will lay the groundwork for the distribution of the SOLO and serve as an introduction to the public of this unique, new clean energy vehicle. The stores also represent a blueprint for interested individuals who would like to own an Intro Store dealership.”

“Our business is expanding quickly and we will be working with our Intro Store operators to introduce new retail locations across North America and internationally,” added Mark West, President of Electra Meccanica. “Located in high foot-traffic locations, our Electra Meccanica stores are designed to engage and inform customers and show the benefits of driving electric.”

Developed by Electra Meccanica, the SOLO is the first all-electric, single-seat vehicle designed to reduce traffic congestion, air pollution and vehicle operating costs. The SOLO has been engineered as a perfect vehicle for the more than 80% of drivers who commute and drive less than 50 km/36 miles per day as a single occupant. It can comfortably achieve highway speeds and has a 160 km/100 mile range on a full charge, making it the ideal supplementary vehicle that is also fun to drive. Available in four stunning colors: Titanium Silver, Electric Red, Raven Black and Arctic White, the SOLO retails at CAD$19,888 (approx. USD$15,500) and with various incentives and rebates, it is the most affordable EV in the market.

More information on ownership or becoming a SOLO retailer can be found at http://electrameccanica.com. Interact with ElectraMeccanica at Facebook/EMVSolo, @ElectraMecc and view videos on YouTube at http://bit.ly/2bigEaF.

About Electra Meccanica Vehicles Corp.

Electra Meccanica strives to be the driving force behind sustainable transport by creating the compelling mass market, all-electric SOLO. The vehicle will make the urban commute more efficient, cost-effective and environmentally friendly. The SOLO’s futuristic design is powered by a 16.1 kWhs lithium ion battery and the drive system is tuned for higher speed and mobility. With a range of 160 kms (100 miles), and a top speed of 130 kms/h (80 mph), the SOLO delivers superior performance and spirited driving.

About Bentall Centre

Located at the centre of downtown Vancouver’s business district at 505 Burrard Street, Bentall Centre is one of the largest integrated office complexes in Canada, providing a first class working environment for many of Canada’s leading corporations. Few other developments have had a greater impact on the architectural appearance of Vancouver. Spanning over 1.5 million square feet, Bentall Centre offers four office towers and an expansive retail mall, complete with exterior waterfalls, reflecting pools and a multitude of wide, open spaces filled with native foliage and colourful planters.

With panoramic views over Burrard Inlet, Stanley Park and the North Shore Mountains, Bentall Centre is truly a city landmark. Combining superior office space with exceptional standards of service, it remains the choice for discerning tenants and the measure by which all others are judged.

CONTACT INFORMATION

Jeff Holland
Head of Media Relations
Electra Meccanica Vehicle Corp.
Tel. 562-640-1758
Email: JeffHolland@electrameccanica.com

Alexia Helgason
Director, Investor Relations
Tel. 604-728-4407
Email: alexia@electrameccanica.com

Electra Meccanica Vehicles Corp.
102 East First Avenue
Vancouver, BC Canada V5T 1A4

Safe Harbor Disclosure
Except for the statements of historical fact contained herein, the information presented in this news release constitutes “forward-looking statements” as such term is used in applicable United States and Canadian laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans, “estimates” or “intends”, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and should be viewed as “forward-looking statements”. Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the actual results of activities, variations in the underlying assumptions associated with the estimation of activities, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labor disputes and other risks. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities.

LGC Capital Investee Company Melbana Energy Provides an Update on the Cuban Onshore Oil Block 9

Not For Distribution to U.S. News Wire Services or Dissemination In The United States

MONTREAL, Feb. 3, 2017 / – LGC Capital Ltd. (TSXV: QBA) (“LGC“) is pleased to announce that one of its portfolio companies, Australian listed Melbana Energy Limited (“Melbana”) (ASX: MAY), has issued a press release providing an update on its Cuban Block 9 onshore oil acreage.

Melbana stated the following in its press release:
“We are highly encouraged by the continued growth in the exploration potential of the Block 9 PSC. … Melbana is currently progressing plans for a potential accelerated initial drilling program of up to two exploration wells in Block 9, with a target of finalizing well proposals this quarter, with drilling potentially commencing approximately twelve months after commiting to such activity.”

Melbana’s press release dated February 1, 2017 is available on its web site at www.melbana.com, under “Recent Announcements”.

LGC holds approximately 13.7% of Melbana and is its largest shareholder.

Caution Regarding Press Releases
LGC has not made any independent inquiries as to the accuracy or completeness of the press release issued by Melbana Energy and LGC assumes no responsibility for the contents thereof. The press release issued by Melbana Energy refers to “prospective resources” in connection with that company’s onshore Block 9 PSC located along trend from the Varadero oil field. LGC assumes that such reference was made in accordance with applicable Australia regulations but is not able to so confirm. Further, LGC is not able to confirm whether applicable Australian regulations are equivalent to those in the Canadian Oil and Gas Evaluation (COGE) Handbook and National Instrument 51-101 (NI 51-101). The disclosure in the Melbana press release does not comply with NI 51-101 or the guidelines of the COGE Handbook. Investors are cautioned to take all of the foregoing into consideration when reading the press releases issued by LGC and by Melbana, particularly any references to “prospective resources”.

About LGC Capital

LGC Capital has significant investments and joint ventures in international companies with Cuban ties, that are well positioned to grow with the Cuban economy. Sectors include the following: Oil and Gas, Sports Management, Consulting, Travel & Tourism, Events, TV & Film Production, Agricultural, Renewable Energy and Import & Export.

Caution Regarding Press Releases
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information please contact:

Canada Contact:
Rafi Hazan, Secretary and Director
Tel.: (514) 839-7234

London Office Contact:
David Lenigas, Co-Chairman and Chief Executive Officer
Mazen Hadad, Co-Chairman
Anthony Samaha, Chief Financial Officer
Tel.: +44 (0) 20 7440 0640

Investor Relations Contact:
Dave Burwell
The Howard Group Inc.
Tel.: (403) 221-9015
Toll Free: 1-888-221-0915
Email: dave@howardgroupinc.com

LGC Capital’s Blue Sky Just Got a Little Brighter

In addition to holding a variety of interests in Cuba based businesses, LGC has substantial ownership in two energy exploration companies, one of which has issued a news release under the banner headline of 50% Upgrade to Exploration Potential in Melbana’s Cuba Acreage.

LGC has a 13.76% interest in Australian listed Melbana Energy (MAY), which announced results of a new assessment of the oil and gas exploration potential of the conventional onshore play known as Block 9.  

In its news release, Melbana included this first bullet point to catch the reader’s attention: Exploration potential of Block 9 upgraded by more than 50% to ~12 billion barrels of Oil-in-Place with Prospective Resources of 612 million barrels (unrisked Best Estimate, 100% basis)”.

Admittedly, high potential plays of this size take a considerable amount of time and money to develop. However, Melbana is looking to finalize well proposals by the end of this quarter and possibly be drilling within a year or so. The first target area is called Alameda.

The Alameda Prospect (formerly I Lead) is currently the highest ranked exploration target in Block 9 PSC. Alameda is a large structure located in the western part of Block 9 and is in a similar structural position to the Varadero field, the largest oil field in Cuba, approximately 35km away. Alameda has an estimated chance of discovery of 32% and recoverable volumes ranging from 3 – 214 million barrels, with a best estimate of 65 million barrels recoverable.”

Block 9 is certainly not virgin territory as it is surrounded by prolific producing areas.

Covering 2,380km2 onshore the north coast of Cuba, is in a proven hydrocarbon system with multiple producing fields within close proximity, including and the Majaguillar and San Anton fields immediately adjacent to Block 9 and the multi-billion barrel Varadero oil field. Block 9 contains the Motembo field, the first oil field discovered in Cuba.”

The bonus for LGC is that not only is it the single biggest shareholder in Melbana, but owns 15.4% of Petro Australis (private).

Melbana is prequalified as an onshore and shallow water operator in Cuba and was awarded a 100% interest in the Block 9 PSC on 3rd September 2015. Melbana has secured a 100% interest in Block 9, subject to a conditional 40% back-in option to be exercised no later than September 2017 held by Petro Australis Limited.

To read the detailed Melbana news release, click here.
To view Melbana’s corporate presentation, click here.