Trakopolis Provides Corporate Update

CALGARY, Feb. 15, 2017 / – Trakopolis IoT Corp. (TSXV: TRAK) (the “Company” or “Trakopolis”) is pleased to announce a number of positive developments for the Company.

  1. Trakopolis has received a grant of $164,000 from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). The investment is earmarked for further enhancements of the Company’s Electronic Logbook (ELOG) hours of service software assets. Trakopolis is currently offering its ELOG software, which was acquired by the Company last November, to early adopters in the USA and Canada.  The U.S. Federal Motor Carrier Safety Administration (FMCSA) has mandated that all commercial vehicle drivers are required to maintain record keeping relating to hours of service. Over 6 million vehicles and drivers in Canada and the USA must be using an hours of service record keeping solution similar to Trakopolis’ ELOG solution by the end of 2019.
  2. The Company has also received $402,000 from the Canadian Scientific Research and Experimental Development (SR&ED) Tax Incentive Program. These funds will be used to reduce the Company’s current institutional debt facility. Combined with the principal repayment of $14,000 in the month of February, this will reduce the facility from approximately $2.3 M to approximately $1.75 M as at February 28th, 2017. Under the terms of the debt agreement, the Company will not be required to make any further principal repayments until November 2017.

    Brent Moore, CEO of Trakopolis, states, “These are both positive developments for Trakopolis that highlight our success securing non-dilutive government funding that has been allocated towards debt reduction and product enhancement while we focus on aggressively growing our sales programs.”

  3. The Company would also like to announce that the Board of Directors of Trakopolis has approved a change in the fiscal year-end from June 30th to December 31st. The change in the fiscal year-end will become effective on December 31st, 2016 and the Company will file results for the six-month period ending on that date. Thereafter, the Company will operate with a fiscal period beginning on January 1st and ending on December 31st.

About Trakopolis

Trakopolis is a Software as a Service (SaaS) company with proprietary, cloud based solutions for real time tracking, data analysis and management of corporate assets such as equipment, devices, vehicles and workers. The Company’s asset management platform works across a variety of networks and devices. Trakopolis has a diversified revenue stream from oil and gas, forestry, transportation, construction, rentals, urban services, mining, government and others.

FOR FURTHER INFORMATION, PLEASE CONTACT

Brent Moore, President and Chief Executive Officer
Trakopolis IoT Corp.
Telephone: (403) 450-7854
Email: bmoore@trakopolis.com

The Howard Group Inc.
Dave Burwell, Vice President
Tel: (403) 221-0915
Toll Free: 1-888-221-0915
Email: dave@howardgroupinc.com

NON-GAAP Financial Measures
“Closed opportunities” does not have any standardized meaning under with International Financial Reporting Standards (“IFRS”) and therefore may not be comparable to similar measures presented by other issuers. Closed opportunities are recognized upon shipment of the hardware and activation of the subscription and recorded in financial statements under hardware revenue and subscription revenue upon satisfaction of the accounting criteria for each revenue stream in accordance with (“IFRS”). The Company highlights closed opportunities as a key metric in measuring sales performance across all verticals.

Disclaimer for Forward-Looking Information
This news release includes certain “forward-looking statements” under applicable Canadian securities legislation that are not historical facts. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements regarding the ongoing services of The Howard Group and the achievement of Trakopolis’ capital markets objectives. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to the success of The Howard Group and Trakopolis in achieving Trakopolis’ capital markets objectives, general business, economic and social uncertainties, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments, those additional risks set out in the Trakopolis’ public documents filed on SEDAR at www.sedar.com and other matters discussed in this news release. Although Trakopolis believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, Trakopolis disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

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.

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

Trakopolis IoT Corp. Provides Operational Update

CALGARY, Feb. 1, 2017  – Trakopolis IoT Corp. (TSXV: TRAK), is pleased to provide an operational update.

Since commencing trading on the TSX Venture Exchange (“TSXV“) on November 1st, 2016, the Company has executed the first phase of its accelerated growth plan that focuses on positions that will have an immediate impact on sales, subscriber and customer growth. This includes 4 additional sales members in Canada (2), Texas (1) and Pennsylvania (1).

Through December, 2016 and January, 2017 the Company has closed opportunities representing 1036 new devices to 51 customers. These sales were to a variety of verticals including construction, utilities, oil and gas, government, commercial services, transportation and forestry.

The Company continues to see strong interest in our products and services from our traditional offering and our new segments, connected gas detection and electronic driver log books.

Brent Moore, CEO of Trakopolis stated, “I am pleased with the speed and ability in which we were able to recruit and on-board new staff and have been very encouraged with operational results across the organization since completing our going public transaction on the TSXV.  Sales from new and existing customers, combined with the positive response to our new products and services confirm we are making strong progress in achieving our growth plan.”

About Trakopolis

Trakopolis is a Software as a Service (SaaS) company with proprietary, cloud based solutions for real time tracking, data analysis and management of corporate assets such as equipment, devices, vehicles and workers. The Company’s asset management platform works across a variety of networks and devices. Trakopolis has a diversified revenue stream from oil and gas, forestry, transportation, construction, rentals, urban services, mining, government and other.

FOR FURTHER INFORMATION, PLEASE CONTACT

Brent Moore, President and Chief Executive Officer
Trakopolis IoT Corp.
Telephone: (403) 450-7854
Email: bmoore@trakopolis.com

The Howard Group Inc.
Dave Burwell, Vice President
Tel: (403) 221-0915
Toll Free: 1-888-221-0915
Email: dave@howardgroupinc.com

NON-GAAP Financial Measures
“Closed opportunities” does not have any standardized meaning under with International Financial Reporting Standards (“IFRS”) and therefore may not be comparable to similar measures presented by other issuers. Closed opportunities are recognized upon shipment of the hardware and activation of the subscription and recorded in financial statements under hardware revenue and subscription revenue upon satisfaction of the accounting criteria for each revenue stream in accordance with (“IFRS”). The Company highlights closed opportunities as a key metric in measuring sales performance across all verticals.

Disclaimer for Forward-Looking Information
This news release includes certain “forward-looking statements” under applicable Canadian securities legislation that are not historical facts. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements regarding the ongoing services of The Howard Group and the achievement of Trakopolis’ capital markets objectives. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to the success of The Howard Group and Trakopolis in achieving Trakopolis’ capital markets objectives, general business, economic and social uncertainties, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments, those additional risks set out in the Trakopolis’ public documents filed on SEDAR at www.sedar.com and other matters discussed in this news release. Although Trakopolis believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, Trakopolis disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

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.

FLYHT Enters USD $1.3 Million Sales Contract with Existing Chinese Customer

Calgary, Alberta – January 26, 2017 – FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) is pleased to announce it has entered a contract with an existing customer in the People’s Republic of China for the sale of the Automated Flight Information Reporting System (AFIRS™) for installation on Airbus A320 and Airbus A320NEO.

This contract for the sale of AFIRS 228 hardware is valued at approximately USD $1.3 million assuming FLYHT provides the hardware over the full term of the agreement. The operator is adding new Airbus A320 aircraft to its current fleet of CRJ-900 aircraft. The customer will install AFIRS as they take delivery of the new aircraft. This operator was highlighted in a previous press release, FLYHT Signs its First Chinese Customer for Data Services on August 15, 2016. FLYHT data services may be added to these new aircraft when they are placed into service, further increasing the value of the contract.

Installations are anticipated to begin in the middle of 2017; FLYHT currently owns required Supplemental Type Certificates (STC’s) to commence the installations on the A320 and will pursue updates for the A320NEO.

About FLYHT Aerospace Solutions Ltd.

FLYHT is a leading provider of real-time aircraft intelligence and cockpit communications for the aerospace industry. More than 60 customers, including airlines, leasing companies and original equipment manufacturers, have installed our systems to increase safety, improve operational efficiencies and enhance profitability. FLYHT’s proprietary technology, the Automated Flight Information Reporting System (AFIRS™), operates on multiple aircraft types and provides functions such as safety services voice and text messaging, data collection and transmission, and on-demand streaming of flight data recorder (black box), engine and airframe data. AFIRS sends this information through the Iridium Satellite Network to FLYHT’s UpTime™ ground-based server, which routes the data to customer-specified end points and provides an interface for real-time aircraft interaction. AFIRS has flown over 2.4 million aggregate flight hours and 1.6 million flights on customers’ aircraft. FLYHT holds supplemental type certificates (STC) which allow for the installation of AFIRS on 95% of transport category aircraft.

Contact Information

FLYHT Aerospace Solutions Ltd.
Nola Heale, CPA (CA)
Chief Financial Officer
403-291-7425
nheale@flyht.com 

Investor Relations
The Howard Group Inc.
Dave Burwell
Vice President
(888) or (403)-221-0915
dave@howardgroupinc.com

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

Cuban Travel Business Doubles In Size Over Last Year

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

MONTREAL, Jan. 23, 2017 / – LGC Capital Ltd. (TSXV: QBA) (“LGC“) is pleased to announce that its Cuba centric bespoke travel and concierge business, InCloud 9 (“iC9”), has almost doubled in size over last year with turnover increasing to an unaudited C$1.36 million for the year ended September 30, 2016, a significant increase from the unaudited C$0.72 million for the previous 2015 fiscal year for the Travelwelcome/IC9 Group.

Cuba is experiencing record tourism numbers and iC9 is now seeing not only its core customer base growing for bespoke tours to Cuba, it is seeing a dramatic increase in new business for group tours, conferences and private jet and yacht ground handling.

Tanja Buwalda, a highly experienced travel executive with many years of managing Cuban based travel companies has been employed as in-country Development Director to assist with handling the increased business coming in to iC9. iC9 has recently moved in to larger offices in the Havana Business Centre and is actively recruiting new staff to handle the influx of new business.  When asked about tourism in Cuba, Tanja said: ” Cuba is the largest country in the Caribbean, and has been a very popular destination, with tourism in 2016 estimated at approximately 4.5 million tourists, of which approximately 1.5 million were from Canada. This number is expected to grow as more international flights are planning travel routes to Havana and other cities of Cuba. There are significant historic sites and cultural events in addition to its great beaches.”

InCloud 9 (www.incloud9.com), in which LGC owns 40%, specializes in creating bespoke itineraries for unique vacations in Cuba, as well as providing all backup, support and fixing services for film and video production, and are provide Destination Management Solutions for tour operators looking to enable business in Cuba.

Through its representative office in Havana, iC9 provides the services of a specialist Cuban ground handler who works with other specialist travel companies around the world to assist with tailor-made trips to Cuba for their clients. This includes booking local hotels, transport, local tours and guides as well as other specialist activities such as art tours, deep sea fishing, fly fishing and scuba diving. In addition, iC9 is becoming more active in assisting with the organization of special events such as conferences and group activities around many of the big annual Cuban festivals such as the Cigar Festivals and Film Festivals.

David Lenigas, LGC’s Co-Chairman & CEO, commented; “We see tourism as one of the key focus areas for the company going forward, not only for solid cash flow, but also for long term sustainable growth and a business that is contributing to the growth of Cuba. To double the size of the business over the past year has been exceptional and we are now looking forward to accelerating this growth over 2017. Particularly pleasing is all of the new business we are now seeing with the new private jet and yacht sectors and the growth we are seeing in bespoke conferences that iC9 is now being contracted to arrange.”

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

Argex Titanium Appoints James P. Berresse as a Director

MONTREAL, Québec (January 16, 2017) – Argex Titanium Inc. (TSX: RGX) (“Argex” or the “Corporation”) is pleased to announce the appointment of James P. Berresse as a director of the Corporation.

James P. Berresse is a seasoned businessman with a background in mergers and acquisitions, divestitures, start-up operations and finance. Over the course of his career, he has shown leadership in developing and executing strategic initiatives, building strong customer and supplier relationships and motivating employees to achieve win-win stakeholder objectives. Mr. Berresse has a strong track record, having successfully led a large, diverse, global organization to record levels of revenue and consistent profitability and taken a start-up company to significant levels of revenue and profitability within a five-year timeframe.

Mr. Berresse has been President and Chief Executive Officer of Eastland Tire, a Georgia, US-based start-up, since 2007, where his mandate covered all aspects of running a newly formed business, including staffing, securing and servicing customers, negotiating contracts and managing relationships with product suppliers. In less than six years, he succeeded in growing the company’s revenues from zero to US $60 million annually and net income to US $10 million annually.

Before joining Eastland Tire, Mr. Berresse was with Phelps Dodge Corporation for some 12 years, working for various entities within the corporation, at increasing levels of responsibility. Most recently, he was President and Chief Executive Officer of Columbian Chemicals Company, a wholly owned subsidiary and leading manufacturer of carbon black, an engineered material that improves the strength, durability and overall performance of a range of products.

Mr. Berresse has a Bachelor of Science (Finance) degree from Arizona State University and over three decades of senior management experience in finance and manufacturing.

“We are delighted to welcome Jim to the Board of Argex,” said Mazen Alnaimi, Chairman of the Board and CEO of Argex. “His exceptional financial expertise and manufacturing sector experience will be valuable assets for the rest of the team as we prepare to enter a new stage in the Corporation’s development.”

About Argex Titanium

Argex Titanium Inc. has developed an advanced chemical process for the volume production of high grade titanium dioxide (TiO2) for use in high quality paint, plastics, cosmetics and other applications.  The Corporation’s unique proprietary process takes relatively inexpensive and plentiful source material from a variety of potential vendors, and produces TiO2 along with other valuable by-products. Argex’s process provides a significant cost and environmental advantage over current legacy TiO2 production methods.

CONTACT INFORMATION:

Nicole Blanchard
Corporate Communications and Investor Relations
Argex Titanium
(514) 843-5959
nblanchard@argex.ca

This news release contains statements that may constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking information and statements may include, among others, statements regarding future plans, costs, objectives or performance of Argex, or the assumptions underlying any of the foregoing. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” “target” and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits Argex will derive. Forward-looking statements and information are based on information available at the time and/or management’s good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond Argex’s control. These risks, uncertainties and assumptions include, but are not limited to, those described under “Risk Factors” in Argex’s Annual Information Form for the fiscal year ended December 31, 2015, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements. Argex does not intend, nor does Argex undertake any obligation, to update or revise any forward-looking information or statements contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.

Electra Meccanica Gears Up to Open SOLO Intro Stores and Dealerships Around the World, Appoints Mark West as President

VANCOUVER, BC–(January 09, 2017) – Electra Meccanica Vehicles Corp., (“EMV” or ‘the Company”), a Canadian-based designer and manufacturer of the SOLO, an all-electric single passenger vehicle developed to revolutionize the way people commute, announces the appointment of Mr. Mark West as President of the Company. In this capacity, Mr. West will focus on developing the strategic direction of EMV’s dealership and sales operations, with a vision to expand SOLO Intro Stores and Dealerships worldwide.

Mr. West made his mark in the highly competitive food and beverage industry over the past 25 years culminating as President of Blenz Coffee. He oversaw the growth of the coffee chain from ten stores in British Columbia to over 70 stores in Canada and Asia, and successfully built the Blenz brand in BC, Alberta, Japan and the Philippines by developing a highly successful franchise program.

“Mark brings a wealth of experience in strategic planning, franchise development, sales, marketing and operations”, remarked Jerry Kroll, Founder and CEO of Electra Meccanica. “Based on his collaborative leadership style and extensive knowledge of franchise models, Mark will contribute to our Company’s success by developing our brand and establishing Electra Meccanica dealerships around the world”.

Mr. West said, “As an automotive enthusiast, I am excited to join the team at EMV. I am passionate about the environment and I see the SOLO as a welcomed entrant to the electric vehicle space. We have a unique and innovative commuter vehicle at a price point that will have mass appeal. With upcoming SOLO production and deliveries, I invite all interested parties to explore a SOLO dealership in this rapidly expanding business.”

More information on the SOLO and how to become an Electra Meccanica car dealer 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

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 160kms (100 miles), and a top speed of 130kms/h (80 mph), the SOLO delivers superior performance and spirited driving.

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.

Argex Titanium Provides Lab and Corporate Update

Appoints Ross Corcoran as Chief Financial Officer

MONTREAL, Québec (January 9, 2017) – Argex Titanium (TSX: RGX) – Argex Titanium Inc. (TSX: RGX) (the “Company” or “Argex”) is pleased to provide an update on its activities at the laboratory in Valleyfield, Quebec.

“We are finalizing most of the internal performance tests on our commercial samples of TiO2 product, which we believe meets and/or exceeds PPG Standards and we will have it certified” said Carroll Moore, Chief Operating Officer of Argex Titanium.  “We have also now started the data package for a Basic Engineering Design which we expect to complete in about two months. This will be fed on to a Pro-2 simulation which will produce a heat and material balance and confirm that Argex’s operating costs will be the lowest in the industry,” he added.

“There have been a number of price increases for TiO2 leading to an estimated US$3,400 per tonne, a 36% increase over the last 12 months. This significantly improves the economics of our proposed demonstration plant and ultimately of our first commercial plant,” said Mazen Alnaimi, Executive Chairman and CEO of Argex Titanium.

Corporate Change

The Company has appointed Ross Corcoran as Chief Financial Officer.  Mr. Corcoran replaces Shaun Parmar as Chief Financial Officer of Argex, following Mr. Parmar’s recent resignation.  Argex wishes to thank Shaun Parmar for his contribution to the Company.

Ross Corcoran was most recently Vice-President, Finance and Administration and Chief Financial Officer of Bantam Restaurant Group LLP, a position he held from 2014.  Prior thereto, Mr. Corcoran was from 2009 to December 2012 Vice-President, Finance and Chief Financial Officer of Global Railway Industries Ltd., a company listed on the Toronto Stock Exchange.  Mr. Corcoran has also held positions with Datamark Systems Inc. (consultant), My Virtual Model Inc. (Vice-President, Finance and Chief Financial Officer) and Hydro Québec International Inc. (Director, Project Finance and Senior Manager/International Investments).  Mr. Corcoran holds an MBA degree and a Bachelor of Commerce degree (Accounting and Finance), both from McGill University in Montreal.  He is on the board of the Quebec chapter of FEI Canada, an all-industry professional association for senior financial executives.

About Argex Titanium

Argex Titanium Inc. has developed an advanced chemical process for the volume production of high grade titanium dioxide (TiO2) for use in high quality paint, plastics, cosmetics and other applications.  The Corporation’s unique proprietary process takes relatively inexpensive and plentiful source material from a variety of potential vendors, and produces TiO2 along with other valuable by-products. Argex’s process provides a significant cost and environmental advantage over current legacy TiO2 production methods.

CONTACT INFORMATION:

Nicole Blanchard
Corporate Communications and Investor Relations
Argex Titanium
(514) 843-5959
nblanchard@argex.ca

This news release contains statements that may constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking information and statements may include, among others, statements regarding future plans, costs, objectives or performance of Argex, or the assumptions underlying any of the foregoing. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” “target” and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits Argex will derive. Forward-looking statements and information are based on information available at the time and/or management’s good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond Argex’s control. These risks, uncertainties and assumptions include, but are not limited to, those described under “Risk Factors” in Argex’s Annual Information Form for the fiscal year ended December 31, 2015, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements. Argex does not intend, nor does Argex undertake any obligation, to update or revise any forward-looking information or statements contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.

Trakopolis IoT Corp. Engages The Howard Group To Direct Investor Communications

CALGARY, Jan. 6, 2017 / Trakopolis IoT Corp. (TSXV: TRAK), is pleased to announce it has engaged The Howard Group as its capital markets communications advisor to direct both traditional and online initiatives targeting the investment community and the investing public.

The agreement is for one year, with a minimum six-month term, effective January 1, 2017.  The remuneration payable to The Howard Group will be $8,500 per month plus GST.  In addition, The Howard Group has been granted 90,000 options to acquire common shares in the capital of Trakopolis with a three-year term and an exercise price of $1.00, vesting over a period of 18 months. The agreement is subject to the approval of the TSX Venture Exchange.

Since 1988, The Howard Group has provided comprehensive investor outreach and capital markets programs, financing assistance, business development solutions and strategic planning to public companies.

In addition, The Howard Group Inc. will be providing an ongoing commentary on Trakopolis’ activities through its Insight blog.  Interested parties are encouraged to subscribe to the commentary feed: https://howardgroupinc.com/howard-group-blog/.

About Trakopolis

Trakopolis is a Software as a Service (SaaS) company with proprietary, cloud based solutions for real time tracking, data analysis and management of corporate assets such as equipment, devices, vehicles and people. The company’s asset management enabling technology works across a variety of platforms and devices. Trakopolis has a diversified revenue stream from oil and gas, forestry, transportation, mining, gas detection and insurance.

For more information, visit Trakopoliscorp.com or sedar.com

FOR FURTHER INFORMATION, PLEASE CONTACT

Brent Moore, President and Chief Executive Officer
Trakopolis IoT Corp.
Telephone: (403) 450-7854
Email: bmoore@trakopolis.com

The Howard Group Inc.
Dave Burwell, Vice President
Tel: (403) 221-0915
Toll Free: 1-888-221-0915
Email: dave@howardgroupinc.com

This news release includes certain “forward-looking statements” under applicable Canadian securities legislation that are not historical facts. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements regarding the ongoing services of The Howard Group and the achievement of Trakopolis’ capital markets objectives. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to the success of The Howard Group and Trakopolis in achieving Trakopolis’ capital markets objectives, general business, economic and social uncertainties, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments, those additional risks set out in the Trakopolis’ public documents filed on SEDAR at www.sedar.com and other matters discussed in this news release. Although Trakopolis believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, Trakopolis disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

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.

FLYHT Provides Fourth Quarter Update

Calgary, Alberta – January 4, 2017 – FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) is pleased to announce the following updates to sales activity in the fourth quarter of 2016:

  • Received orders from an existing OEM partner (see release on July 15, 2014) for approximately USD $1.8 million of parts with related license fees.
  • Signed two new airline customers in The People’s Republic of China (China) for Automated Flight Information Reporting System (AFIRS™) 228 hardware equipment and added units with an existing customer in the region. These contracts will total approximately USD $709,000 assuming FLYHT provides services over the full term of the five (5) year agreements. The new contracts bring the number of FLYHT customers in China to 20.
  • Two existing customers added AFIRS 228 units with voice and data services; one airline operates in North America and the other in Africa. The contract revenue will be approximately USD $811,000 assuming FLYHT provides services over the full term of the five (5) year agreements.

Additionally, the Company’s outstanding redeemable debentures matured and were repaid in full for $3.1 million on December 23, 2016.

FLYHT was awarded an additional Supplemental Type Certificate (STC) by the General Administration of Civil Aviation of China (CAAC).  This allows further installation of the AFIRS solution on the CRJ 100, 200, 440, 700 and 900 aircraft.

“FLYHT has had a successful 2016 and we are excited about what 2017 may bring,” remarked FLYHT’s CEO Tom Schmutz. “Some of the highlights from the past year include the $2.5 million USD IP license fee receipt, the acquisition of a $2.35 million interest-free government loan, the signing of eight new airlines in China and significant strengthening of our balance sheet with the repayment of $5.6 million in matured debentures.”

About FLYHT Aerospace Solutions Ltd.

FLYHT is a leading provider of real-time aircraft intelligence and cockpit communications for the aerospace industry. More than 60 customers, including airlines, leasing companies and original equipment manufacturers, have installed our systems to increase safety, improve operational efficiencies and enhance profitability. FLYHT’s proprietary technology, the Automated Flight Information Reporting System (AFIRS™), operates on multiple aircraft types and provides functions such as safety services voice and text messaging, data collection and transmission, and on-demand streaming of flight data recorder (black box), engine and airframe data. AFIRS sends this information through the Iridium Satellite Network to FLYHT’s UpTime™ ground-based server, which routes the data to customer-specified end points and provides an interface for real-time aircraft interaction. AFIRS has flown over 2.4 million aggregate flight hours and 1.6 million flights on customers’ aircraft. FLYHT holds supplemental type certificates (STC) which allow for the installation of AFIRS on 95% of transport category aircraft.

Contact Information

FLYHT Aerospace Solutions Ltd.
Nola Heale, CPA (CA)
Chief Financial Officer
403-291-7425
nheale@flyht.com 

Investor Relations
The Howard Group Inc.
Dave Burwell
Vice President
(888) or (403)-221-0915
dave@howardgroupinc.com

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

Trakopolis IoT Corp. Provides Update on Bonus Share Escrow

CALGARY, Dec. 30, 2016 /- Trakopolis IoT Corp. (“Trakopolis“) (TSXV:TRAK) a cloud based platform for interfacing mobile communications, software applications and location based services, today announced that it has cancelled 949,993 of its common shares issued into escrow (the “Bonus Shares“) in connection with the reverse takeover of Lateral Gold Corp. and Trakopolis’ going public transaction as the conditions to release of the Bonus Shares were not satisfied prior to the release deadline of December 31, 2016.

As a result of the cancellation, Trakopolis’ issued and outstanding common shares have been reduced to 23,194,630 from 24,144,623 on an undiluted basis.

About Trakopolis

Trakopolis provides business intelligence to organizations that require current data for equipment, devices, vehicles and people in remote locations. Trakopolis customers benefit from industry-leading data security through Microsoft Azure, powerful analytics and mobile access to their solution across leading mobile operating systems.

For more information, visit Trakopoliscorp.com or sedar.com

FOR FURTHER INFORMATION, PLEASE CONTACT

Brent Moore, President and Chief Executive Officer
Trakopolis IoT Corp.
Telephone: (403) 450-7854
Email: bmoore@trakopolis.com

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.

Jeremy Edelman sells 350,000 shares of LGC Capital

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

MONTREAL, Dec. 23, 2016 / – Jeremy Edelman announces that on November 28, 2016, he sold 350,000 common shares of LGC Capital Ltd. (the “Corporation“) (TSXV: QBA) through the facilities of the TSX Venture Exchange at a price of $0.042 per share for proceeds of $14,700, and that on December 7, 2016, a stock option in respect of 2,000,000 common shares of the Corporation held by Mr. Edelman was cancelled by mutual agreement of Mr. Edelman and the Corporation.

Immediately prior to the transactions described above, Jeremy Edelman held 23,747,457 common shares of the Corporation, representing approximately 10.15% of the issued and outstanding common shares, and a stock option in respect of 2,000,000 common shares of the Corporation.  Assuming the exercise of the stock option held by Mr. Edelman, he would have held 25,747,457 common shares of the Corporation, representing approximately 10.91% of the common shares of the Corporation that would have then been issued and outstanding.

Immediately after the transactions described above, Mr. Edelman holds 23,397,457 common shares of the Corporation, representing approximately 9.99% of the issued and outstanding common shares, and no stock options.

As a result of the transactions described above, Mr. Edelman’s shareholdings in the Corporation decreased to approximately 9.99% from approximately 10.15%.

Mr. Edelman sold the 350,000 common shares of the Corporation at a price of $0.042 per share for proceeds of $14,700. Mr. Edelman did not receive any consideration for the cancellation of the stock option.  The exercise price of the stock option was $0.2325 per share and its expiry date was December 31, 2020.

In accordance with applicable securities laws, Mr. Edelman may, from time to time and at any time, acquire additional common shares of the Corporation and/or other equity, debt or other securities or instruments (collectively, “Securities“) of the Corporation in the open market or otherwise, and he reserves the right to dispose of any or all of his Securities in the open market or otherwise at any time and from time to time, and to engage in similar transactions with respect to the Securities, the whole depending on market conditions, the business and prospects of the Corporation and other relevant factors.

A copy of an early warning report filed by Mr. Edelman in connection with the transactions described above is available on SEDAR under the Corporation’s profile.  This news release is issued under the early warning provisions of Canadian securities legislation.

For further information: To obtain a copy of the early warning report filed by Jeremy Edelman, please contact: Sébastien Bellefleur, Fasken Martineau DuMoulin LLP, 800 Square Victoria, Suite 3700, Montreal, Québec, H4Z 1E9, Telephone: (514) 397-7445

LGC Capital Ltd. appoints Mohammed Ghafari to Board of Directors

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

MONTREAL, Dec. 22, 2016 / – LGC Capital Ltd. (TSXV: QBA) (“LGC Capital”) announces that Mr. Mohammed Ghafari has been appointed to its Board of Directors.  Mr. Ghafari, who is a resident of Pointe-Claire, Québec, Canada, is the Executive Officer of MEEM Solutions Inc., a Canadian-based management consulting company focused on delivering business strategies and market development.  He was one of the founding members of Digital Planet, a company specialized in Rich Media and video streaming/IPTV services.  Prior thereto, Mr. Ghafari served as Middle East Regional Director for Convergys Corporation and as Executive Sales Director – Middle East for Lucent Technologies.  He started his career at IBM Corporation, in Research and Development of smart software applications.  Mr. Ghafari holds a B.Sc. degree with Honours in Computer Science from Leeds University in England.

Mr. Ghafari replaces Mr. Guy Charette on the Board of Directors of LGC Capital, following Mr. Charette’s recent resignation.  LGC Capital wishes to thank Guy Charette for his valued contribution.

The appointment of Mr. Ghafari as a director of LGC Capital is subject to regulatory approval.

LGC Capital also announces that a stock option in respect of 2,000,000 common shares of LGC Capital held by Mr. Jeremy Edelman was cancelled by mutual agreement of Mr. Edelman and LGC Capital.  The exercise price of the stock option was $0.2325 per share and its expiry date was December 31, 2020.

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

Electra Meccanica to Honor All Other Vehicle Manufacturer’s Vehicle Deposits Toward Purchase of the SOLO Electric Vehicle

Vancouver BC, December 13, 2016 – Electra Meccanica Vehicles Corporation announced today that they will be honoring all deposits from individuals who have existing pre-orders with other vehicle manufacturers. Specifically, the company will honor all levels of customer deposits up to $1,000 USD with an equal value deposit for a new SOLO electric car upon final delivery of their vehicle.

Developed by Electra Meccanica, the SOLO is the first all-electric, single-seat vehicle designed to reduce congestion, air pollution and operating cost. It has a top speed of 80 miles per hour with a 100 mile range on a full charge that would cover most drivers’ daily commuting needs, making SOLO the ideal supplementary vehicle that is fun to drive at an affordable price. Deposit transfers and pre-orders can be made by visiting the SOLO website at http://smallEV.com.

“With the recent financial and production challenges faced by some of our competitors, we’ve had some of their reservation holders ask us if they could transfer their deposits over to a SOLO because of either uncertainty about their vehicle ever being produced or they just didn’t want to wait for years to get their car,” said Jerry Kroll, CEO of Electra Meccanica. “We wanted to let others know that we will accept those deposits and provide relief for reservation holders with a suitable vehicle replacement option.”


About Electra Meccanica

Electra Meccanica Vehicles Corp. is a Canadian­based designer and manufacturer of the SOLO, an all-­electric, single passenger vehicle developed to revolutionize the way people commute. Electra Meccanica combines founder Jerry Kroll’s extensive background in the race car industry with Intermeccanica custom coach builders’ 50 years of experience building high­quality, specialty vehicles. With the release of its first production vehicle in 2017, the Electra Meccanica SOLO, and the continuing establishment of a growing global dealer network, the company aims to put an electric vehicle in everyone’s driveway by making ownership simple, fun and affordable.

More information is available at http://electrameccanica.com. Interact with ElectraMeccanica at Facebook/EMVSolo, @ElectraMecc and view videos on YouTube at http://bit.ly/2bigEaF.

Safe Harbor Disclosure

This news release contains statements that constitute “forward­looking” statements. Any statements that are not statements of historical fact may be deemed to be forward­looking statements. These statements appear in a number of different places in this news release and, in some cases, can be identified by words such as “anticipates”, “estimates”, “projects”, “expects”, “intends”, “believes”, “plans”, or their negatives or other comparable words. Such forward­looking statements are subject to certain known and unknown risks, uncertainties and other factors which may cause Electra Meccanica’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such statements. Forward­looking statements include statements regarding the outlook for Electra Meccanica’s future operations, plans and timing for Electra Meccanica’s SOLO vehicle, electric vehicle programs, statements about future market conditions, supply and demand conditions, forecasts of future costs and expenditures, and other expectations, intentions and plans that are not historical facts. Although Electra Meccanica believes that its expectations reflected in such forward­looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially. Factors that could cause actual results to differ materially from those contemplated above include, among others, general economic and business conditions, hazards customary in the automotive and technology industries, competition in wholesale and retail markets, the volatility of production and manufacturing prices, failure of customers to perform under contracts, changes in government regulation of markets and of environmental emissions, changes in the electric vehicle market, and our ability to achieve the    expected benefits and timing of our electric vehicle projects. Accordingly, readers should not place undue reliance on forward­looking statements contained in this news release and in any document referred to in this news release. Electra Meccanica undertakes no obligation to update or revise any forward­looking statements, whether as a result of new information, future events or otherwise.

Media Contact:
Jeff Holland
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