Also News Release (C-DVR) Deveron UAS Corp

 

TORONTO, May 16, 2019 -- World Class Extractions Inc. (CSE: PUMP) (FRA: WCF) (the “Company” or “WorldClass”) is pleased to announce it has entered into a Service Agreement with Deveron UAS Corp. (CSE:DVR) (“Deveron”) whereby Deveron will provide drone data and soil sampling services to World Class and its affiliate farmers focused on hemp production in the United States and Canada, providing an opportunity to increase yields and reduce costs.

 

Deveron has worked with leading agricultural companies to bring data acquisition and analytics to broad acre farmland. The company is integrated with leading farm platforms, like Bayer Crop Science’s Climate FieldView and John Deere’s MyJohnDeere data management systems. The expansion into hemp data analytics is a natural extension to the current data insights it provides to leading farmers in North America that grow corn, soybean, wheat and canola.

MONTREAL, May 16, 2019  -- Osisko Metals Incorporated (the “Company” or “Osisko Metals”) (TSX-V: OM; FRANKFURT: OB51; OTCQX: OMZNF) is pleased to announce additional assay results from 53 drill holes completed in the L-27, L-30 and N-32EXT areas within the East Mill Zone in the Pine Point Mining Camp (“PPMC”). Highlights include drill hole EM-18-PP-403 that intersected14.66% zinc and 3.84% lead over 10.00 metres and hole EM-18-PP-291 that intersected 8.59% zinc and 2.38% lead over 3.25 metres. (See EMZ L27 map)

 

All intersections are within flat-lying tabular-style deposits, and are located between 8 to 33 metres vertical depths. Drill hole composites and location details are provided in Tables 1 & 2.

Vancouver, BC / May 15, 2019 - Durango Resources Inc. (TSX.V-DGO) (Frankfurt-86A1) (OTCQB-ATOXF), (the " Company " or " Durango ") announces that 15 high priority targets have been delineated for drilling by a compilation of geological, geochemical, airborne and Induced Polarization (" IP ") surveys on its wholly owned Trove Property located within the Windfall-Barry gold camp.

 

The proposed drill program comprises 3,025 meters to be drilled in 25 diamond drill holes on the 15 high priority targets. The targets for mineralization are located at depths between 50m and 100m below surface so drill holes will have an average length of 120m. Similarities in the geological, geochemical and geophysical signatures are extremely encouraging for the upcoming drilling campaign.

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Canadian Dollars unless otherwise noted

 

VANCOUVER, May 14, 2019  Atlantic Gold Corporation (TSX-V: AGB) ("Atlantic" or the "Company") is pleased to announce that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") with St Barbara Ltd. (ASX: SBM) ("St Barbara"), signed on May 14, 2019, pursuant to which St Barbara will acquire 100% of all issued and outstanding shares of Atlantic by way of Plan of Arrangement (the "Transaction"). Under the terms of the Transaction, Atlantic shareholders will receive C$2.90 in cash per Atlantic share held plus shares in a company ("SpinCo") that holds Atlantic's interests in Velocity Minerals Ltd. (TSX-V: VLC) ("Velocity"), which will be distributed to Atlantic shareholders on a pro-rata basis following completion of the Transaction.

 

The C$2.90 per share cash consideration implies a total equity value for Atlantic of approximately C$7221million and a total enterprise value of C$8022 million. SpinCo implies additional consideration of approximately C$12 million to Atlantic shareholders, or approximately C$0.05 per Atlantic share, for total cash plus SpinCo consideration of approximately C$2.95 per share. The C$2.95 per share offer represents a 41.1% premium to the closing price of Atlantic shares on the TSX Venture Exchange ("TSX-V") on May 14, 2019 and a 40.8% premium to the volume weighted average price ("VWAP") of Atlantic shares over the last 30 trading days.