Trakopolis & Microsoft to Host “Internet of Things” Webinar on March 23rd

CALGARY, March 21, 2017 – Trakopolis IoT Corp. (TSXV: TRAK) (the “Company” or “Trakopolis”) is pleased announce that on March 23rd, 2017 Microsoft & Trakopolis will host an hour-long webinar, starting at 11:00am Mountain Time.

The topic of the webinar will be on connecting mobile assets to drive increased visibility and operational efficiency for businesses.

The webinar will be facilitated by Ted Duffield, Chief Revenue Officer of Trakopolis and will feature Honeywell’s ConneXt Lone Worker gas detector. This first of its kind gas detector is integrated into the TRAKOPOLIS’ platform which enables it to communicate over both cellular and satellite networks. It provides companies the ability to communicate with field workers and to have real time visibility of their location. If a cellular network is unavailable, ConneXt Lone Worker will automatically switch to a satellite signal.

ConneXt Lone Worker solution enables these benefits;

  • Increases safety of companies’ workers in the field
  • Provides real-time information to allow for reduction of errors and emergency response
  • Remotely verifies that procedures are being satisfied
  • Improves gas detector compliance and usage
  • Efficiently tracks workers that are alone in the field
  • Collects gas data quickly for better decision making
  • Leverages all of the functionality of the Trakopolis IoT platform

To register, please click here.


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 many verticals including 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

FLYHT Launches UpTime™ Cloud Software

Calgary, Alberta – March 20, 2017 – FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) is pleased to announce the official launch of its latest software, UpTime™ Cloud.The UpTime Cloud web portal improves the Company’s software

The UpTime Cloud web portal improves the Company’s software usability, while providing enhancements to security and infrastructure. The new web-based interface allows customers to access all products through a single web portal, providing an improved look and feel. Customers receive real-time aircraft data feeds through UpTime Cloud’s web-based application. The goal of the new cloud-based solution is to allow airlines to “manage by exception”, focusing on the operational problems that cause delays, cancellations and overall flight disruptions.

UpTime Cloud allows airlines to send and receive text messages, alerts, notifications, and conduct remote systems diagnostics, which allows them to access aircraft data in real time and define the content and amount of data they receive.

With UpTime Cloud, FLYHT can provide airline executives, operations, maintenance directors, and other stakeholders, tailored views on their business data to help them make informed, cost-saving and potentially lifesaving decisions,” remarked David Perez, Vice President, Sales and Marketing. “Our products give them insight into their operations, enabling them to take appropriate action to control and grow their business.”

The UpTime Cloud suite of products includes Iridium satellite communications with FLYHTMail™ and FLYHTVoice™; real-time flight tacking with FLYHTLog™ and FLYHTASD™ (aircraft situational display); aircraft health monitoring with FLYHTHealth™; along with fuel management, FLYHTFuel™ and real-time flight data recorder streaming, FLYHTStream™.

UpTime Cloud products are part of FLYHT’s ongoing effort to offer greater value to customers by delivering a configurable flight tracking solution combined with business intelligence applications and data analytics. The UpTime Cloud solution has been deployed for select customers. New customers will be enabled on Uptime Cloud while legacy customers will migrate to Uptime Cloud over time according to their business priorities.

About FLYHT Aerospace Solutions Ltd.

FLYHT is a leading provider of real-time aircraft intelligence and cockpit communications for the aerospace industry. More than 70 customers, including airlines, leasing companies and original equipment manufacturers, have installed our systems in order 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.

Argex Titanium Holds Second Closing of Private Placement

Not for distribution to United States newswire services or for dissemination in the United States

MONTREAL, Québec (March 16, 2017) – Argex Titanium (TSX: RGX) (“Argex”) is pleased to announce that it has held a second closing of its previously-announced private placement at which it issued an aggregate of 3,929,037 units to arm’s-length “accredited investors” at a price of $0.054 per unit, for gross proceeds to Argex of $212,168. Argex has now issued a total of 32,722,237 units in the private placement for aggregate gross proceeds of $1,767,000. Each of the units is comprised of one common share and one-quarter of a common share purchase warrant; each full warrant entitles its holder to acquire one additional Argex common share at a price of $0.12 for a period of 18 months. In the event that the closing price of Argex’s common shares on the Toronto Stock Exchange is at least $0.15 for a period of not less than 20 consecutive trading days, the warrants will expire, at the sole discretion of Argex, on the 30th day after the date on which Argex sends a notice in prescribed form to the holders of the warrants. The securities issued at the second closing are subject to a four-month “hold period” under applicable securities regulations.

Argex will use the net proceeds from the private placement to complete detailed engineering for its titanium dioxide project, to compile data for a bankable report, and for working capital.

At the second closing, Argex also issued an aggregate of 138,900 “broker warrants” to a securities dealer, representing an amount equal to 6% of the number of units sold through such dealer. Each of the “broker warrants” entitles the holder to purchase one additional unit, comprised of one common share and one-quarter of a common share purchase warrant, at a price of $0.07 for a period of 18 months.

Argex expects to hold additional closings of the private placement, subject to an aggregate maximum of $4 million (74,074,074 units). Any additional closing will be subject to shareholder approval under the policies of the Toronto Stock Exchange. In that regard, Argex has called a special meeting of shareholders, to be held in Montreal, Québec in April 2017, and expects to distribute a management information circular to shareholders shortly.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, and these securities will not be offered or sold in any jurisdiction in which their offer or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”), or any state securities laws of the United States. Accordingly, these securities will not be offered or sold to persons within the United States unless an exemption from the registration requirements of the 1933 Act and applicable state securities laws is available.

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:

Ross Corcoran
Chief Financial Officer
Argex Titanium Inc.
1-450-902-4864
Ross.Corcoran@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 to Exhibit at 2017 Vancouver Auto Show

Electra Meccanica will Exhibit their SOLO all electric car at the 2017 Vancouver Auto Show.

Electra Meccanica to Exhibit at 2017 Vancouver Auto ShowVancouver, Canada, March 08, 2017 — Vancouver-based car company to display innovative, new SOLO production car along with a few extra surprises.

Vancouver’s Electra Meccanica Vehicles Corporation (EMV) announced today they will show off their new 2017 SOLO all-electric commuter vehicle at the Vancouver Auto Show being held at the Vancouver Convention Center (West) from March 28 through April 2, 2017.

“The entire team here at Electra Meccanica is excited to show off our new SOLO in our home town at the Vancouver show,” states Mark West, President of Electra Meccanica. “We just debuted our first retail intro store in Bentall Centre and now we can show it off to the rest of the car-buying public at the auto show.”

The SOLO, an innovative all-electric commuter vehicle, made its world debut at Vancouver’s Luxury and Supercar Weekend in September and is being exhibited at the Vancouver Auto Show for the first time. Electra Meccanica is currently offering dealer opportunities and accepting fully-refundable $250 deposits for the SOLO which can be made at the show or placed online at electrameccanica.com.

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.

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.

CONTACT INFORMATION

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

CEMATRIX Corporation Announces Participation in Growth Driver Program

Calgary, Alberta – March 7, 2017: CEMATRIX Corporation (TSXV: CVX) (the “Corporation” or “CEMATRIX”) announces that its wholly owned subsidiary, CEMATRIX (Canada) Inc. (the “Company”) has entered into two agreements with the Business Development Bank of Canada (the “BDC”). The first agreement is for CEMATRIX’s participation in the Federally sponsored Growth Driver Program (the “GDP”). The second agreement is for a new $100,000 of working capital financing (the “BDC Loan”) to fund the Company’s participation in the GDP.

“The GDP is a three year BDC program, which makes high quality Harvard-level consulting services available to qualifying companies to excel in their growth strategies. CEMATRIX qualified by being a BDC client that is successful, has significant growth forecasted and has a flexible forward looking management team. The GDP will assist in the refinement, formulation and implementation of CEMATRIX’s growth strategy and how to best access the necessary resources to implement the strategy. This program is important to CEMATRIX, in that it will enable the Company to obtain an independent vetting of its existing strategy, while putting the Company in a better position to be able to facilitate the growth in the cellular concrete market in North America. The GDP is a new Federal government strategy to assist Canadian companies to excel in the current market place and CEMATRIX is primed to take advantage of this opportunity,” stated Jeff Kendrick, CEMATRIX President and CEO.

BDC is the only bank devoted exclusively to entrepreneurs. It promotes Canadian entrepreneurship with a focus on small and medium-sized businesses. With its 110+ business centres from coast to coast, BDC provides businesses in all industries with financing and advisory services. Its investment arm, BDC Capital, offers equity, venture capital and flexible growth and transition capital solutions.

Interest on the BDC Loan, which is payable monthly, is at a variable rate of 1% above the BDC floating base rate, currently set at 4.70%. The BDC Loan is repayable over four (4) years, with seasonal repayments to commence in August 2017.

The BDC Loan is secured through existing security over the Company’s current owned equipment and property as well as existing guarantees and security provided by CEMATRIX and certain subsidiaries of the Company.

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.

CEMATRIX Corporation Announces Year Ended Results

Calgary, Alberta – March 2, 2017: CEMATRIX Corporation (TSXV: CVX) (the “Corporation” or the “Company” or “CEMATRIX”) announces the release of its consolidated financial results for the year ended December 31, 2016.

“At first glance, the 2016 results were disappointing. However this was mainly attributable to the fact that almost $6 million in projects that were scheduled for the latter part of 2016 were pushed into 2017”, stated Jeff Kendrick, President and CEO of CEMATRIX. “Should we have not been subject to project re-scheduling, our results would have been directly in line with the 2015 record year”.

Mr. Kendrick also added that, “The financial results for the fourth quarter and the year ended December 31, 2016 do not reflect the important successes and market growth achieved by the Company during the year. The Company’s successes included the execution of key agreements with Lafarge Canada Inc. (“Lafarge”), a member of Lafarge/Holcim, the largest cement company in the world; the Company saw it’s sale pipeline, related to projects across North America, grow to in excess of $100 million; and the Company secured new financing arrangements with the Canadian Western Bank and the Business Development Bank of Canada, amongst other things”.

“Management is forecasting a return the profitability in 2017”, continued Mr. Kendrick. “Our current sales pipeline for 2017 indicates that there is the potential for significant growth in infrastructure sales in both the Canadian and U.S. markets, without considering the effect of the agreements with Lafarge or any new increases in infrastructure spending by various governments”.

Selected financial information for the three months and years ended December 31, 2016 and 2015 is as follows:

  • The Company had a strong year with $15.9 million of contracted sales in 2016. Unfortunately, work on $5.8 million of these contracted sales was moved to the first part of 2017; the majority of which are underway as of this date;
  • The Company though it’s wholly owned subsidiary, CEMATRIX (Canada) Inc., entered into a five year joint marketing agreement with Lafarge and has entered into five year agreements with Lafarge to promote the regional development of CEMATRIX cellular concrete markets with the ready mix division of Lafarge;
  • The Company`s wholly owned subsidiary, CEMATRIX (Canada) Inc., secured $2,000,000 of working capital financing with the Canadian Western Bank together with a $500,000 working capital loan and $500,000 of equipment financing from the Business Development Bank of Canada; and
  • The Company received notice that Canadian Business and PROFIT had ranked the Company 171st on their 2016 PROFIT 500 listing and that it ranked 10th in the Alberta Venture’s Fast Growth 50 List for 2016.

This press release should be read in conjunction with the Corporations Audited Consolidated Financial Statements and Management Discussion and Analysis for the year ended December 31, 2016, both of which can be found on SEDAR.

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.

FLYHT Signs New Chinese Airline for USD $1.68 Million Sales Contract

Calgary, Alberta – March 1, 2017 – FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) is excited to announce the sale of the Automated Flight Information Reporting System (AFIRS™) to a new commercial airline customer in the People’s Republic of China.  This sale was the result of a competitive bid process that FLYHT won against other major Original Equipment Manufacturer (OEM) suppliers.

“This is another important win for FLYHT as we continue to demonstrate our value to the Chinese market,” remarked Michael Fang, FLYHT’s Vice President China Sales. “Airlines in the region can learn more about our technology in April when we present and exhibit at the 4th China Aviation New Technology Forum in Shanghai.”

The initial contract for the sale of AFIRS hardware is valued at approximately USD $1.68 million assuming FLYHT provides the hardware over the full term of the five (5) year agreement. FLYHT’s data services may be added in the future, further increasing the value of the contract.

FLYHT has all the necessary Supplemental Type Certificates (STC’s) to complete installation on the designated aircraft within this contract. Installations are anticipated to begin in the third quarter of 2017.

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.

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.

Argex Titanium Holds First Closing of Private Placement for $1,554,832

MONTREAL, Québec (February 28, 2017) – Argex Titanium (TSX: RGX) is pleased to announce that it has held a first closing of a private placement at which it issued an aggregate of 28,793,200 units to arm’s-length “accredited investors” at a price of $0.054 per unit, for gross proceeds to Argex of $1,554,832.  Each of the units is comprised of one common share and one-quarter of a common share purchase warrant; each full warrant entitles its holder to acquire one additional Argex common share at a price of $0.12 for a period of 18 months.  In the event that the closing price of Argex’s common shares on the Toronto Stock Exchange is at least $0.15 for a period of not less than 20 consecutive trading days, the warrants will expire, at the sole discretion of Argex, on the 30th day after the date on which Argex sends a notice in prescribed form to the holders of the warrants.

Argex will use the net proceeds from the private placement to complete detailed engineering for its titanium dioxide project, to compile data for a bankable report, and for working capital.

“This financing will enable our engineering team to collect enough Front-End Loading (FEL) data to solidify negotiations with potential licensing and project financiers, which are already well underway,” stated Mazen Alnaimi, Argex’s Chairman and CEO.  “Discussions with potential partners and financiers have been underway for some months and to date have been positive.  It is management’s objective to license our technology and to secure non-dilutive project financing for Argex’s first full-scale production plant.”

At the first closing, Argex also issued an aggregate of 819,922 “broker warrants” to various securities dealers, representing an amount equal to 6% of the number of units sold through such dealers.  Each of the “broker warrants” entitles the holder to purchase one additional unit, comprised of one common share and one-quarter of a common share purchase warrant, at a price of $0.07 for a period of 18 months.

Argex expects to hold additional closings of the private placement, subject to an aggregate maximum of $4 million (74,074,074 units).  Any closing for an aggregate amount greater than approximately $1,767,000 will be subject to shareholder approval under the policies of the Toronto Stock Exchange.  In that regard, Argex has called a special meeting of shareholders, to be held in Montreal, Québec in early April 2017, and expects to distribute a management information circular to shareholders shortly.  The securities issued at the first closing are subject to a four-month “hold period” under applicable securities regulations.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, and these securities will not be offered or sold in any jurisdiction in which their offer or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”), or any state securities laws of the United States. Accordingly, these securities will not be offered or sold to persons within the United States unless an exemption from the registration requirements of the 1933 Act and applicable state securities laws is available.

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:

Ross Corcoran
Chief Financial Officer
Argex Titanium Inc.
1-450-902-4864
Ross.Corcoran@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 in

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

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.