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Cullinan Metals Corp V.CMT


Primary Symbol: C.CMT Alternate Symbol(s):  CMTNF

Cullinan Metals Corp. is a Canadian mining and exploration company focused on the development of energy metals. The Company is focused on energy resources, such as copper, graphite and lithium assets. Its projects include Smiley Lithium Project, Lac-Des-Iles West Graphite Project and Wakeman Lake Lithium Project. The Smiley Lithium Property consists of around five mining claims comprising approximately 1,902 hectares located 55 kilometers (km) north of Thunder Bay, Ontario. The Smiley Lake Lithium property is located in northwestern Ontario where numerous lithium deposits have been delineated to host significant reserves of lithium oxide (Li2O). The Lac-Des-Iles West Graphite Project consists of around 43 mineral claims in one contiguous block covering approximately 2276 hectares land, near the town of Mont-Laurier in southern Quebec. The highly prospective Wakeman Lake Lithium Project covers approximately 7,900 acres and is located in Northwestern Ontario.


CSE:CMT - Post by User

Post by bogdanszon Apr 24, 2020 6:19am
215 Views
Post# 30948170

AgraFlora Organics Completes First Batch of CBD Oil and CBD

AgraFlora Organics Completes First Batch of CBD Oil and CBD NewsPress Releases AgraFlora Organics Completes First Batch of CBD Oil and CBD Distillate C.AGRA| 3 hours ago VANCOUVER, British Columbia, April 24, 2020 (GLOBE NEWSWIRE) --AgraFlora Organics International Inc.(AgraFlora or the Company) (CSE:AGRA) (Frankfurt:PU31) (OTCPK:AGFAF) is pleased to announce its wholly owned subsidiary Sustainable Growth Strategic Capital Corp. (SGSC or the Company) a federally licensed cannabis company based in the Greater Toronto Area (GTA) has successfully produced the first full run of full spectrum winterized CBD crude oil (CBD Oil) and CBD distillate. SGSC is focused on taking advantage of the underserviced market for CBD Oil, CBD Distillate and CBD Isolate by crafting partnerships to generate revenue while limiting fiscal and operational risk. SGSC has previously partnered withMicro C45 Inc.(MC45), a Canadian company that has developed a unique post-harvest mechanical separation process for hemp that results in higher extraction value. Under this partnership, SGSC has entered into agreements with multiple Canadian companies licensed under theCannabis Actto create formulations and finished products with CBD Oil, CBD Distillate and CBD Isolate from high-quality Canadian grown hemp, sourced and processed by MC45. Recently, SGSC completed the first batches of CBD Oil and CBD Distillate which are in the final stages of being prepared for sale. SGSC expects to have its first batch of CBD Isolate completed in the second quarter of 2020. After seeking approval for many formulations, LPs have struggled to identify reliable and consistent sources of CBD derivatives to meet their formulation and manufacturing requirements for those edible, oil, topical, tincture and beverage products, stated Brandon Boddy, AgraFlora Executive Chairman and CEO. Our strategy with SGSC is to meet that demand with high quality CBD inputs processed from Canadian hemp utilizing our strong relationships in the Canadian hemp and CBD space. This model allows us and our partner to focus on sourcing the highest quality hemp and to pursue strong relationships with down-stream buyers. SGSC expects to utilize up to 225,000 kg of Canadian hemp from MC45 in calendar 2020. The Company anticipates that the processing of the committed hemp will generate up to 12,500 kg of Distillate or up to 10,000 kg of CBD isolate, or some combination thereof to be determined by the Company based on market demand. About AgraFlora Organics International Inc. AgraFlora Organics International Inc. is a leading cannabis company building shareholder value through the development of revenue generating operating assets in the global cannabis industry. AgraFlora is focused primarily on the Canadian cannabis industry; the worlds most advanced and regulated legal cannabis market. Flagship Canadian assets include: Edibles & Infusions, a fully automated manufacturing facility in Winnipeg, MB for white-label and consumer branded edible production; Propagation Services Canada, a large-scale commercial greenhouse in Delta, BC focused on reshaping the Canadian flower market with high-potency, low cost cannabis flower, and AAA Heidelberg, a craft focused cannabis producer in London, ON. In addition, AgraFloras wholly owned subsidiary Farmako GmbH is scaling towards its goal of being Europes leading distributor of medical cannabis. Farmako currently has active distribution operations in Germany and expects to commence active operations in the United Kingdom in 2020. For more information please visit:https://agraflora.com/. ON BEHALF OF THE BOARD OF DIRECTORS Brandon Boddy Chairman & CEO T: (604) 682-2928 For additional information:For French inquiries:AgraFlora Organics International Inc.Maricom Inc.Nicholas KonkinRemy ScalabriniE:ir@agraflora.comE:rs@maricom.caT: (800) 783-6056T: (888) 585-MARI The CSE and Information Service Provider have not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Forward-looking Information Cautionary Statement Except for statements of historic fact this news release contains certain forward-looking information within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as plan expect project intend believe anticipate estimate and other similar words or statements that certain events or conditions may or will occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including but not limited to delays or uncertainties with regulatory approvals including that of the CSE. There are uncertainties inherent in forward-looking information including factors beyond the Companys control. There are no assurances that the business plans for AgraFlora Organics described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or managements estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Companys filings with Canadian securities regulators which are available atwww.sedar.com. GlobeNewswire April 24, 2020 - 12:02 AM PDT Tags: DRUG-MANUFACTURERS-MAJORHEALTHCARE 0 Related NewsStockhouse @ the Bell: TSX Slips Despite Higher Crude12 hours ago Stockhouse @ the Bell: Oil mounts comeback as resources push TSX1 day ago Stockhouse @ the Bell: Red day for global markets, loonie heads lower2 days ago Recent U.S. Press ReleasesSprague Resources LP Announces Cash Distribution for the First Quarter of...15 minutes ago ENERGY|OIL-GAS-REFINING-MARKETING CytoDyn to Hold Conference Call to Provide Updates on Completion of BLA...15 minutes ago BIOTECHNOLOGY|HEALTHCARE Aesthetic Medical International Holdings Group Limited Reports Fourth Quarter...15 minutes ago More Press Releases Get the latest news and updates from Stockhouse on social media Follow STOCKHOUSE Today About UsDeal RoomEventsAdvertisingCareersContact Us SupportHelpSitemap LegalDisclaimerPrivacy Policy Follow Us Stockhouse.com is owned by Stockhouse Publishing Ltd. 2019 Stockhouse Publishing Ltd. 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