Medici Ventures invests in Latin American bitcoin startup Ripio

Medici Ventures invests in Latin American bitcoin startup Ripio

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Medici Ventures invests in Latin American bitcoin startup Ripio

Overstock.com’s blockchain subsidiary announces participation in Ripio’s Series A financing
 

BUZ INVESTORS PRESS RELEASE   Medici Ventures, a global leader in advancing blockchain technology, has added bitcoin consumer financial service platform Ripio to its portfolio of strategic blockchain-focused investments through participation in Ripio’s Series A financing. In addition to Medici Ventures’ equity position, the blockchain-focused subsidiary of US e-commerce pioneer Overstock.com will take an observer’s seat in Ripio’s board of directors meetings.

Medici Ventures invests in Latin American bitcoin startup Ripio
Medici Ventures

Ripio’s bitcoin financial services suite utilizes the blockchain and traditional payment rails to allow Latin America’s unbanked and underbanked population (as high as 70% in some areas) to buy and sell bitcoins using local currencies, and to pay for goods and services through a simple, direct transfer to peers and merchants. The platform currently has over seventy thousand users across Argentina and Brazil, and is in the process of expanding to other countries in the region, including Mexico and Colombia.




 

Medici Ventures

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“Ripio has simplified the peer-to-peer payment system in a way that is accessible to anyone with a smartphone, no matter his or her level of technical sophistication,” said Medici Ventures’ President Jonathan Johnson. “This is exactly the type of life-changing application of blockchain technology that Medici Ventures is interested in.”

“We are super excited to partner with Medici Ventures team,” stated Sebastian Serrano, CEO and Co-Founder of Ripio. “This investment and their experience will help us to leverage our vision of democratizing access to financial services in emerging markets. We are honored to be part of its portfolio and we look to strengthen our synergies in the near future.”  

Medici Ventures is a leader in advancing blockchain technology, and parent company of t0.com, which recently aided Overstock.com in completing the world’s first blockchain-based stock offering on its proprietary platform. Medici Ventures has investments in emerging technologies across several industries, including capital markets, banking, identity authentication and protection, land titling, voting, and more.

About Medici Ventures:
Launched in 2014, Medici Ventures is a wholly owned subsidiary of Overstock.com, Inc. created to advance blockchain technology by operating and investing in firms building solutions that will usher in a new era of efficiency, security and transparency in financial technology.  Medici Ventures’ blockchain-focused investments include t0.com, Peernova, Bitt, SettleMint, Factom, IdentityMind, and Ripio. The company’s majority-owned financial technology company, t0.com, executed the world’s first blockchain-based stock offering in December 2016.

About Ripio:
Born in 2014, Ripio (by BitPagos) is a full suite of financial services with more than 70,000 users across Latin America that provides many options to buy and sell Bitcoins in local currencies and to pay online in thousands of websites and stores that accept digital payments. Ripio has also launched a new disruptive credit feature called Ripio Credit (2016 Techcrunch Disrupt NY finalist)  on top of its wallet that allows customers to buy now and pay later using blockchain technology and traditional payment rails. Current main company investors are Tim Draper, Medici Ventures, Boost.VC, Huiyin Blockchain Ventures and Digital Currency Group.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include all statements other than statements of historical fact.  Additional information regarding factors that could materially affect results and the accuracy of the forward-looking statements contained herein may be found in the Company’s Form 10-K for the quarter ended December 31, 2016, which was filed with the SEC on March 3, 2017, and any subsequent filings with the SEC.

 

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BUZ INVESTORS PRESS RELEASE Marapharm Ventures Inc. (OTCQB: MRPHF) is pleased to announce that it will be launching

Marapharm Ventures Inc. ‘Marapharm’ Announces an Online News Channel for Awareness of the Sector and of Marapharm

Chart | Calendar   | TRADE NOW | MRPHF

Marapharm Ventures Inc. ‘Marapharm’ Announces an Online News Channel for Awareness of the Sector and of Marapharm

BUZ INVESTORS PRESS RELEASE Marapharm Ventures Inc. (OTCQB: MRPHF) is pleased to announce that it will be launching

BUZ INVESTORS  PRESS RELEASE  Marapharm Ventures Inc. (OTCQB: MRPHF) is pleased to announce that it will be launching http://www.marapharm.tv on or before June 15, 2017.

“Marijuana is news. I did an interview on http://www.rightedition.com that has had in excess of 250,000 views. The success of the interview prompted us to look into the viability of doing regular media programs on the industry and on Marapharm. We have a studio, technical team and several prepared scripts. Filming is scheduled to begin May 4, 2017. Our performa indicates that millions of viewers could be reached including investors, users and those who are just interested in news of the marijuana industry. They will then also become aware of Marapharm. There will be an investor’s relation and market report of Marapharm’s stock activity at the end of each program.



 Marapharm Ventures

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In 2016, Cowen and Company, a Multi Sector Equity Research Group stated that the legal US cannabis markets to be at $6 billion (prior to California’s passage of adult use) another $25 billion is spent in the black market. The average monthly searches for ‘marijuana’ on Google are more than 1 million per month (Source http://www.leafly.com April 26, 2017). These statistics were a factor when researching to create an online video channel for branding and awareness of Marapharm,” Linda Sampson, Marapharm CEO.

ABOUT MARAPHARM VENTURES INC.

http://www.marapharm.com

Marapharm has 300,000 square feet of medical marijuana licenses for its land and facilities in WA and NV. About two and a half years ago, Marapharm applied in Canada to Health Canada for a MMPR (production and sales) license and has passed the necessary security clearances. The application is currently in the in-depth screening process. In September 2016, Health Canada contacted Marapharm with a provision to amend its application to allow for the new regulations, ACMPR.

Construction photos and videos can be accessed through the Marapharm website. Marapharms common shares are publicly traded in Canada, under the ticker symbol ‘MDM’ on the Canadian Securities Exchange, and in the United States, under the ticker symbol ‘MRPHF’ on the OTCQB, and in Europe, under the ticker symbol ‘2M0’ on the FSE.

Additional information on the operations or financial results of Marapharm are included in reports on file with applicable securities regulatory authorities and may be accessed through the CSE website (http://www.thecse.com), the OTC website (http://www.otcmarkets.com), and the SEDAR website (http://www.sedar.com) under the profile for Marapharm Ventures Inc.

STOCK EXCHANGES:
Neither the CSE, the FSE nor the OTCQB® has approved nor disapproved the contents of this press release. Neither the CSE, the FSE nor the OTCQB® accepts responsibility for the adequacy or accuracy of this release.

FORWARD – LOOKING STATEMENTS:
Certain statements contained in this news release constitute forward looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, ‘may”, “will”, “project”, “should”, ‘believe”, and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements are based on reasonable assumption but no assurance can be given that these expectations will prove to be correct and the forward-looking statements included in this news release should not be unduly relied upon.

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BUZ INVESTORS SPLIF Closing of Oregon Property – Nutritional High International Inc. (the “Company” or “Nutritional High“) (CSE:EAT)(CSE:EAT.CN)(OTCQB:SPLIF)(FRANKFURT:2NU) is pleased to announce that is has closed an acquisition of a real estate property

Marijuana Company of America Finalizes Joint Venture Agreement With Bougainville Ventures in Washington State

Marijuana Company of America Finalizes Joint Venture Agreement With Bougainville Ventures in Washington State

BUZ INVESTORS Joint Venture MARIJUANA COMPANY OF AMERICA ("MCOA" or the "Company") (OTC: MCOA), an innovative cannabis and hemp marketing and distribution Company, is pleased to announce that it has finalized the joint venture agreement

BUZ INVESTORS Joint Venture MARIJUANA COMPANY OF AMERICA (“MCOA” or the “Company”) (OTC: MCOA), an innovative cannabis and hemp marketing and distribution Company, is pleased to announce that it has finalized the joint venture agreement with Bougainville Ventures, Inc. (“BV”) in Washington State.

MCOA will invest $1 million in cash in a newly formed entity. Bougainville Ventures, Inc. will contribute its expertise in the construction and management of a 30,000 sq. ft. greenhouse facility, which will accomodate a Tier-3 production and processing I-502 tenant that has decades of experience and a proven track record of consistency and quality. MCOA and BV will split equity and profits equally, 50/50.



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Joint Venture

As turnkey landlords, MCOA and BV will provide our I-502 tenant with a state-of-the-art facility that creates an ideal cultivation environment that they can move into and be fully operational on day one. This enables our tenants to focus on what they do best, producing top quality products and not worrying about maintaining their infrastructure.

Donald Steinberg, MCOA President and CEO said, “this project will help to expand our operations as an ancillary business into the Washington State market. Achieving this milestone of closing this deal, as well as completing our PCAOB audit at the end of the first quarter are two more pillars of the strong foundation we are building for our shareholders.”

The execution of the agreement is the final step in formalizing the Letter of Intent that was publicly announced on February 15, 2017. This joint venture partnership is formed for the purpose of greenhouse construction, management and commercial leasing to I-502 licensed producers within Washington State only and not beyond its borders.

ABOUT BOUGAINILLE VENTURES, INC.

Bougainville Venture Inc. is in the core business of converting irrigated farmland that was traditionally used to grow marginally profitable feed crops, to greenhouse-equipped farmland used to grow luxury crops with a primary focus on high-density and high-yielding crops. Bougainville is an agricultural services company that focuses on providing growers with state-of-the-art computer controlled greenhouses and processing facilities. Bougainville offers fully built out turnkey solutions to tenant-growers and provides growing infrastructure, as well as landlord services for licensed I-502 producers and processors in the state of Washington.

 

 


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Alto Ventures Ltd. (TSXV:ATV) CEO thinks they could be sitting on 7 million oz of gold

Alto Ventures Ltd. (TSXV:ATV) CEO thinks they could be sitting on 7 million oz of gold

Buz Investors Alto Ventures Ltd If historical drilling results are any indication, Alto Ventures Ltd. (TSXV:ATV) have good reason to believe that they could be sitting on millions of ounces of gold. In this new interview with SmallCapPower, ATV’s CEO and Director, Richard Mazur,



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Alto Ventures Ltd

details the company’s plans to explore its Oxford Lake project in Manitoba, where the particular style of deposit tends to host large, high grade gold resources. Not to be outdone, the company is also exploring its Destiny gold project in Quebec where they also see significant exploration potential.




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Buz Investors Verizon Ventures Verizon's (NYSE:VZ) Ventures arm has opened the application process for its Media Tech Venture Studio.

Verizon Ventures and R/GA Announce Media Tech Venture Studio

Verizon Ventures and R/GA Announce Media Tech Venture Studio

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Buz Investors Verizon Ventures Verizon’s (NYSE:VZ) Ventures arm has opened the application process for its Media Tech Venture Studio.

The move, in connection with R/GA, is seeking growth-stage and early-stage companies looking to disrupt digital entertainment and media consumption. Applications go from today until May 30, and the program begins in New York City July 31.




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Verizon Ventures

Companies in the program will be able to work on projects with Verizon Ventures and the company’s digital media businesses, as well as take advantage of R/GA on marketing, consulting, branding, design and technology.

Up to 10 companies will be selected to participate.

Verizon says areas of focus will include “content creation and personalization, VR/AR, AI, image recognition, content distribution, interactive advertising, e-sports and other emerging digital media platforms.”



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Blockchain Pioneer Medici Ventures Invests in Factom, Inc.

Blockchain Pioneer Medici Ventures Invests in Factom, Inc.

Blockchain Pioneer Medici Ventures Invests in Factom, Inc.

Blockchain Pioneer Medici Ventures Invests in Factom, Inc.

Buz Investors Blockchain Pioneer Medici Ventures SALT LAKE CITY, Feb. 07, 2017 (GLOBE NEWSWIRE) — Medici Ventures, the blockchain-focused subsidiary of retail technology leader Overstock.com, Inc. (NASDAQ:OSTK), announces its participation in the Series A funding for Factom, Inc., a blockchain-as-a-service technology company based in Austin, TX focusing on mortgage compliance solutions.

Medici Ventures received 2.5% of Factom’s common stock in return for a $750,000 investment. Steven Hopkins, Medici Ventures’ chief operating officer and general counsel, will join Factom’s board of directors.



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Pioneer Medici Ventures

“We like what Factom is doing with blockchain technology in the mortgage space,” said Medici Ventures president Jonathan Johnson. “This is the latest in a series of strategic investments to further position Medici Ventures as the global leader in blockchain technology.”

Medici Ventures joins the Factom Series A round of funding, which was led by noted venture capitalist and blockchain enthusiast Tim Draper.

“We’re thrilled to include Medici Ventures as a strategic investor in Factom. The Medici team impressed us with their deep knowledge and expertise in blockchain technology,” said Factom CEO Peter Kirby. “They bring operational experience running a global business with thousands of employees and practical knowledge of the shifting regulatory environment. We consider them some of the smartest investors in Blockchain.”

Medici Ventures is a leader in advancing blockchain technology, and parent company of t0.com, which recently aided Overstock.com in completing the world’s first blockchain-based stock offering on its proprietary platform.

About Medici Ventures:
Launched in 2014, Medici Ventures is a wholly-owned subsidiary of Overstock.com, Inc. created to manage and oversee investments in firms building solutions leveraging and servicing blockchain technologies. Medici Ventures has several blockchain-focused investments, including t0.com, Peernova, Bitt, SettleMint, Factom, and IdentityMind. The company’s majority-owned financial technology company, t0.com, executed the world’s first blockchain-based stock offering in December 2016.

About Factom, Inc.
Factom, Inc. is an Austin-based blockchain technology company that’s on a mission to make the world’s systems honest. People and institutions today can solve hard problems and change the world for the better when they have a reliable framework to build upon. Honest systems free up dead capital, which allows companies to grow and helps people to lift themselves out of poverty.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include all statements other than statements of historical fact.  Additional information regarding factors that could materially affect results and the accuracy of the forward-looking statements contained herein may be found in the Company’s Form 10-Q for the quarter ended September 30, 2016, which was filed with the SEC on November 3, 2016, and any subsequent filings with the SEC.




Dunnedin Ventures (V.DVI) reports the identification of a large gold-bearing greenstone belt at the Kahuna project

Dunnedin Ventures (V.DVI) reports the identification of a large gold-bearing greenstone belt at the Kahuna project

Dunnedin Ventures (V.DVI) reports the identification of a large gold-bearing greenstone belt at the Kahuna project

Dunnedin Ventures <span data-recalc-dims=(V.DVI) reports the identification of a large gold-bearing greenstone belt at the Kahuna project" width="300" height="169" srcset="https://i0.wp.com/investorsbuz.com/wp-content/uploads/2017/01/maxresdefault.resized-3.jpg?resize=300%2C169 300w, https://i0.wp.com/investorsbuz.com/wp-content/uploads/2017/01/maxresdefault.resized-3.jpg?w=640 640w" sizes="(max-width: 300px) 100vw, 300px" />

January 31, 2017 – Vancouver, BC, Canada. – Dunnedin Ventures Inc. (the “Company” or “Dunnedin”) (TSX-V: DVI) is pleased to report the identification of a large gold-bearing greenstone belt at the Kahuna project. High gold-in-till counts including pristine gold grains suggesting local bedrock sources of gold are present along a sampled length of over 40 kilometres immediately adjacent to Agnico Eagle Mines Ltd.’s (TSE: AEM, “Agnico”) development-stage Meliadine gold project.

Figure 1: Gold grain counts across the Kahuna project based on historical till sampling and recent work by Dunnedin. Gold-in-till results are also provided for the Meliadine project based on publicly available information released by the Geological Survey of Canada (GSC). There is a strong association between gold-in-tills and bedrock gold zones at

Meliadine.




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Dunnedin Ventures

 

Chris Taylor, Dunnedin’s CEO, said, “We have identified a large gold-mineralized belt tying onto Agnico’s Meliadine gold trend. Results suggest gold is preferentially associated with internal fold hinges within the belt. This pattern is observed at Meliadine, and points to several targets requiring follow up till sampling and drilling at Kahuna. The area is known for hosting large, high grade gold deposits at the Meliadine project, and we are very encouraged that gold is confirmed to be associated with multiple belts across Kahuna.”

Details of Current Gold-in-Till Results

  • Data was acquired through a purchase announced on December 14, 2016
  • Disclosed results are from 347 till samples collected adjacent to the Meliadine property
  • Results are from a reconnaissance scale till sampling program with average sample spacing of over 1 kilometre, designed to test a broad area for gold
  • Average of 7.8 gold grains per sample, with a maximum value of 83 grains
  • Pristine gold grains observed in 114 of 347 samples, with a maximum value of 21 pristine grains, suggesting proximal bedrock sources to 33% of samples
  • Spatial association between gold concentration in till samples and proximity to fold hinges as delineated through geophysics
  • Gold noted in 316 of 347 (91%) of samples

Locally sourced coarse gold was also confirmed through till sampling by Dunnedin at the main fold hinge of this belt in the vicinity of the PST and Notch diamond-bearing kimberlites, as shown in Figure 2. The glacial transport direction and lack of grain modification point to sources at the Kahuna project rather than Meliadine, as disclosed by Dunnedin on October 17, 2016. With its folded geometry, the new belt has an aggregate strike length of approximately 42 kilometres at Kahuna.

Figure 2: Example images of coarse gold grains collected from till samples by Dunnedin during diamond exploration, field of view is approximately 2 mm.

Additional Gold Results

The newly defined greenstone belt has not yet been drilled; gold results described below are from additional gold-mineralized metasediment belts at Kahuna. Four additional gold-bearing belts have been confirmed at the project to date through historical drilling and bedrock and till sampling, as described below and on Figure 1.

Gold encountered in historic drilling was largely incidental during diamond exploration, however six drill holes were assayed for gold and returned values as shown in Table 1. Not all prospective drill intervals showing sulphide mineralization were assayed, however results are sufficient to confirm the presence of gold in bedrock of similar style to that observed at Meliadine. Visible gold was noted in one of six drill holes at Kahuna and is also observed at Meliadine.

Table 1: Historic gold results from diamond exploration drill holes

Hole Number

From (m)

To
(m)

Width (m)*

Au
(g/t)

04KD479-01

44.45

45.10

0.65

2.52

06KCF-01a

29.00

30.21

1.21

4.22

06KCF-01a

including

29.52

30.21

0.69

7.24

04KD479-01

20.80

21.10

0.30

2.04

06KCF-01a

26.30

27.05

0.75

0.17

06KCF-01a

and

32.24

33.24

1.00

0.24

06KD467-02

32.00

32.62

0.62

0.26

06KD467-02

and

43.60

44.47

0.87

0.50

05KD6001-01

19.00

23.30

4.30

0.19

*width of the sample represents core length and not true width. Historical drill hole results were obtained from various SEDAR filings of news releases and reports by past explorers including the Hunter Exploration Group.

97 rock samples collected across the property also returned between 0.05 and 2.52 g/t gold. Till sampling confirmed gold-in-tills adjacent to areas with gold-in-bedrock samples, and defined additional targets. Gold has been mapped as being associated with magnetically responsive formations that have been described as metasediment belts and regionally significant, deep seated shear zones.

84 of 129 (65%) till samples collected by Dunnedin in 2015 also returned gold results through neutron activation analysis of heavy mineral concentrates collected during diamond exploration, with subsequent confirmation of gold grains as shown in Figure 2.

Upcoming Gold Results

Over 1,100 till samples collected in summer 2016 across 600 square kilometres of the 1,200 square kilometre Kahuna project are being processed for diamond indicator mineral content and gold grain content at CF Mineral Research Ltd. in Kelowna, British Columbia.

Dunnedin plans to pursue further gold exploration through a spinout company as announced on November 23, 2016 and is currently finalizing plans related to this announcement.

Note on Adjacent Gold Projects

Agnico’s Meliadine project has approximately 14.5 million tonnes of Proven and Probable Reserves grading 7.32 g/t gold, containing 3.4 million ounces of gold as of December 31, 2015. There is an additional Indicated Resource of 20.7 million tonnes grading 4.95 g/t gold containing 3.3 million ounces of gold, and an additional Inferred Resource of 14.7 million tonnes grading 7.51 g/t gold containing 3.5 million ounces of gold (source: www.agnicoeagle.com).

NxGold Ltd. (TSX-V: NXN) is exploring the Peter Lake project, also adjacent to Meliadine, and recently announced a $35+ million earn-in deal for a 70% interest in a 8,473 hectare (85 square kilometre) land package, and raised $4.9 million for exploration in the area.

Mr. R. Bob Singh, P.Geo, Exploration Manager, is the qualified person responsible for the technical content of this news release.

For further information please contact Mr. Knox Henderson, Investor Relations, at 604-551-2360.

On behalf of the Board of Directors

Dunnedin Ventures Inc.

Chris Taylor
Chief Executive Officer

About the Kahuna Project

Kahuna is an advanced stage high grade diamond project located near Rankin Inlet, Nunavut. Dunnedin is now recovering diamonds and indicator minerals from a series of kimberlite and till samples collected during two seasons of field work. An Inferred Resource released by Dunnedin showed over 4 million carats of macrodiamonds (+0.85 mm) at a grade of 1.01 carats per tonne had been defined along the partial strike length of the Kahuna and Notch kimberlite dikes through shallow drilling. The largest diamond recovered was a 5.43 carat stone from the Kahuna dike which was a piece of a larger diamond that had been broken during the sample preparation process and was reconstructed as having an original size of 13.42 carats. Recent results include a 0.82 tonne sample of the PST kimberlite dike which returned 96 macrodiamonds totalling 5.34 carats (+0.85 mm) and a 2.36 tonne sample of the Notch kimberlite which returned 89 macrodiamonds totalling 2.38 carats (+0.85 mm). The Kahuna project is located adjacent to the development-stage Meliadine gold project of Agnico Eagle Mines Ltd and also hosts gold mineralization in metasedimentary units including a recently defined greenstone belt with over 40 kilometres of strike length that is associated with elevated gold-in-till values .

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.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, “forward-looking statements”. Forward-looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements

 




PUF VENTURES SEEKS TO BECOME PURE-PLAY MEDICAL CANNABIS COMPANY

PUF VENTURES SEEKS TO BECOME PURE-PLAY MEDICAL CANNABIS COMPANY

PUF VENTURES SEEKS TO BECOME PURE-PLAY MEDICAL CANNABIS COMPANY

PUF VENTURES SEEKS TO BECOME PURE-PLAY MEDICAL CANNABIS COMPANY

PUF Ventures Inc. (the “Company“) (CSE: PUF) has entered into a Confidentiality Agreement and has commenced discussions with a publicly traded natural resource company regarding a potential sale of its wholly-owned lithium asset, the Lac Saint Simon Property located in northern Quebec (the “Property“).  Preliminary discussions are under way and no terms for a transaction have been agreed to as of yet.  A technical review of the Property is ongoing and management will provide updates as discussions progress.  The potential strategic disposition of the Property will repatriate value for the Company’s shareholders and will also streamline operational focus, positioning the Company as a pure play Bio Medical Cannabis company.



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PUF VENTURES

Following the private placement that closed in August of 2016, the Company allocated a flow-through budget towards a preliminary reconnaissance exploration program on the Property.  Qualifying expenditures have added value to the Property and include construction of both a small-scale work camp and an access trail to the camp from Quebec’s James Bay Highway.  The James Bay Highway is maintained year round to provide access to the mineral riches of Northern Quebec. The Property is located less than 2 kilometers from Nemaska Lithium’s Whabouchi property.  Former Canadian Lithium team member, Richard Lavoie, manages the geological team.  Mr. Lavoie is working closely with Mr. Mario Fortin, a member of the northern Quebec Cree community.  Mr. Lavoie has been managing on site preparatory and exploration work for the last 45 days.  During this time, the Company has compiled extensive mapping and has conducted fieldwork and other ground geological work on the Property.  The winter months have created an optimal exploration environment as the frozen lakes have provided geological crews with wider access around the full boundaries of the property.

Further, the Company has recently contracted Pioneer Aerial Surveys Ltd. of Saskatoon, Saskatchewan, to conduct a property wide geophysical survey, which is anticipated, to be completed in the near future. Once this survey is complete the Company will have the data interpreted and will commission the first NI 43-101 compliant technical report on the Property.

Continued enthusiasm in the Lithium space has spurred demand for quality exploration projects.  Mr. Ivany, President and CEO of the Company, comments, “We are pleased that we have received interest in our Lithium asset and believe the timing is opportune to divest of the project to the benefit of all our shareholders.  If we are able to come to terms that are beneficial to our shareholders we will dispose of the asset and focus exclusively on preparation for the final phases of the ACMPR licensing process with Health Canada.”

About PUF Ventures Inc.

PUF Ventures Inc. is moving into the Bio Medical Cannabis sector by purchasing a 100% interest in AAA Heidelberg, a private Ontario company that has applied for an ACMPR license.  Although the Company cannot guarantee nor estimate the timing for the issuance of a license to AAA Heidelberg, it is PUF’s goal to become the next publicly traded Canadian company to be granted a new medical marijuana production license.

VapeTronix, a wholly owned subsidiary of the Company, is in the process of expanding its 1313 brand of electronic cigarettes, Marijuana Vape delivery devices and associated technologies.

ON BEHALF OF THE BOARD OF DIRECTORS

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