DGTrader55
4年前
New Wave Enters Into Letter of Intent to Acquire Way of Will Inc. - A Leading Retailer of Aromatherpy Products Extracted From Natural Aromatic Plant Extracts and Essential Oils
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/
TORONTO, Dec. 15, 2020 /CNW/ - NEW WAVE HOLDINGS CORP. (the "Company" or "New Wave") (CSE: SPOR) (FWB: 0XM2) (OTC: TRMNF) an investment issuer that provides capital and support services, is pleased to announce it has entered into a Letter of Intent (the "LOI") with Way of Will Inc. ("WoW") to acquire a 100% interest in the operations of WoW (the "Transaction"). WoW is a Canadian retailer of Aromatherapy products that use natural aromatic plant extracts and essential oils to promote healthy outcomes.
Way of Will Highlights
Founded in 2016, WoW is an aromatherapeutic essential oil-based wellness company based in Toronto, Canada. WoW products enhance your commitment to health, wellness and training by blending essential oils that protect, energize, refresh, relax, moisturize and groom the body and mind.
WoW manufactures ~95% of its products in it's Toronto based facility – sourcing the highest quality raw materials and packaging from key suppliers throughout Canada and other international markets.
WoW benefits from multi-channel sales (e.g. Wholesale, Retail and Ecommerce), which allows WoW to pivot their sales strategies based on changes in the sales landscape, as well as potential changes to the broader economy and marketplace dynamics
In-house manufacturing along with direct B2C sales through our ecommerce website platform allows WoW to control costs and optimize profit margins.
Growing US domiciled sales including 600+ retail and online ecommerce distribution channels.
Key retail clients include an impressive list of industry leading retailers such as Wholefoods, Target.com, FabFitFun, GNC, Dicks Sporting Goods and Causebox.
WoW products are also featured on popular ecommerce marketplaces such as Amazon and Walmart.com
Further information on WoW and its products can be found at https://www.wayofwill.com/
Gross sales are expected to be approximately $3.5 M for the year ended April 2021. Gross margins have historically been between 38% and 40%.
Terms of Transaction
Pursuant to the terms of the LOI and as consideration for the Transaction, the Company will issue $4,625,000 in common shares of the Company to the shareholders of WoW. The share price will be based on the 5-day VWAP leading up to the signing of a definitive agreement.
The parties intend to proceed to preparation of a definitive agreement and close the Transaction promptly and in accordance with the policies of the Canadian Securities Exchange (the "CSE"). The closing of the Transaction is subject to standard conditions precedent for transactions of a similar nature. There can be no assurance that the Transaction will be completed as proposed, or at all. The Transaction is an arms-length transaction and no change in management or the Board of Directors of New Wave is being contemplated at this time.
Daniel Fox, CEO New Wave Holdings Ltd. comments, "Way of Will is a natural fit for New Wave as we are both focused on broader natural health and wellness products. Way of Will's philosophy is based on natural wellness system rooted in essential oils and aromatherapy. I believe that aromatherapy is another powerful tool to promote long term human wellness and will also be an incredibly complimentary portfolio of products to our existing portfolio of CBD based and, functional mushroom blends that are at the core of New Wave's health and wellness product portfolio. I am also very impressed with the success of the Way of Will team in such a short-period time and am looking forward to finding a way for New Wave, N2 Logics and the Bloom Botanics e-commerce platform to accelerate WoW sales growth going forward. Our goal is to distribute and provide global consumers access to products that improve human functionality and performance. and we fully expect to continue to generate significant high margin growth in both North America and Europe."
DGTrader55
4年前
New Wave: N2 Logics Acquires Bloom Botanics E-commerce Platform - One of Europe's Leading Nutraceuticals Online Superstore for CBD and Mushroom Blend Products
TORONTO, Dec. 14, 2020 /PRNewswire/ - N2 Logics Inc. in a joint venture with New Wave Holdings Ltd. – NEW WAVE HOLDINGS CORP. (the "Company" or "New Wave") (CSE: SPOR) (FWB: 0XM2) (OTC: TRMNF) an investment issuer that provides capital and support services, has announced that N2 Logics Inc. ("N2"), an entity that New Wave owns a significant interest in, has acquired one of Europe's leading CBD and nutraceuticals online superstore distributing various health & wellness products
Daniel Fox, CEO New Wave Holdings comments, "healthier and more natural plant based health and wellness products are continuing to grow in importance in today's society. Our goal is to distribute and provide consumers access to products that improve human functionality and performance. With N2's leading ecommerce strategy, we expect continue to generate significant high margin online growth starting in Europe then quickly expanding into North America and the rest of the world."
Bloom Botanics E-commerce platform is one of Europe's leading CBD online superstore and complex mushroom blends provider and looking to become a global leader in the mental health and wellness space. This is done by focusing on transparency and consumer education: specifically, using standardised measurements of strength and efficacy and being completely transparent about our CBD products and mushroom blends. Bloom Botanics is also committed to stocking only trustworthy lab-tested products which are fully compliant with "Novel Food" regulations.
The E-commerce strategy will be managed by N2 Logics Inc. N2's principals possess industry leading knowledge of nutraceuticals and have a proven track record of producing state of the art innovative E-commerce platforms and experiences. With their professionalism and passion, they understand the needs of consumers interested in natural health -boosting products.
With access to over 1,500 SKUs thanks to an exclusive dropship deal, Bloom Botanics has become Europe's consumers' go-to source for nutraceuticals and it's platform and ecommerce model will enable us to continue to expand it's already impressive portfolio of brand and wellness product offerings quickly and effectively.
DGTrader55
4年前
New Wave: N2 Logics Launches New Website as They Explore Further Downstream Growth Opportunities
TORONTO, Dec. 7, 2020 /PRNewswire/ - NEW WAVE HOLDINGS CORP. (the "Company" or "New Wave") (CSE: SPOR) (FWB: 0XM2) (OTC: TRMNF) an investment issuer that provides capital and support services, is pleased to announce its 50% owned digital marketing portfolio company N2 Logics Inc. ("N2"), has launched its own website N2logics.com as it considers incoming opportunities in the nutraceutical and functional mushroom space.
As set out in N2logics.com, N2 aims to refine the way digital growth is done by bringing a newer and leaner, cross-functional approach to marketing. The N2 philosophy removes the inefficiency of having a marketing team that has a developer, designers, SEO experts, PPC experts, content team and so on, by putting all the growth needs of any brand or site into small cross-functional agile teams. This joint venture with N2 provides New Wave with a leading edge in online growth strategy and the opportunities across the globe.
With over 25 years of digital growth experience between them and a proven track record of exponential online growth. The N2 team consists of some of the best minds in digital growth across the globe with multi award winning leadership for content, SEO and UX. First, Joshua Neilly, Ulster Bank Young Entrepreneur of the year 2019 who has worked with and tripled sales of brands such as Namaste and Herbalizestore. Working alongside Branislav Nikolic, who has been involved with successful growth periods of dozens of brands having worked with and grown Fourfivecbd, intertrade Ireland e-merge candidates, and herb.
N2 aims to provide insight to New Wave on existing portfolio brands while seeking out new, exciting and lucrative online opportunities. With a lean and data driven philosophy plus a great track record for success. N2 hopes to be launching its own initiatives by the end of Q1 2021.
Daniel Fox, CEO of New Wave comments, "Health and wellness is a theme of paramount importance in today's society and world. Our goal is to distribute and develop products that improve human functionality and performance. With our ecommerce strategy, we expect to potentially generate significant high margin online growth and N2 is uniquely positioned from a global standpoint to provide an industry leading edge experience to accomplish this".
https://www.otcmarkets.com/stock/TRMNF/news/story?e&id=1759193
JLPTNG
13年前
$TRMNF NEWS!
Trueclaim Exploration Inc. Identifies Significant Silver Zone on Its Arizona Property; 6.8 Ounces Per Tonne (213 Grams Per Tonne) Over 195 Feet (59.4 Meters)
LONDON, ONTARIO--(Marketwire - Sept. 15, 2011) - Trueclaim Exploration Inc. ("Trueclaim") (TSX VENTURE:TRM)(OTCQX:TRMNF) recently finished a field mapping and sampling program on its Richmond Basin Property located 10 miles (16 kilometers) north of the city of Globe and two hours by road east of Phoenix, AZ.
Additional geological consultants under the direction of Arizona project geologist Nick Barr were brought on-site during the summer to expedite the field mapping program. The intention was to concentrate on an area not yet explored by Trueclaim. The main focus was the McMorris vein system where several historical trenches were found. An area of just over 264.4 acres (107 hectares) was mapped and multiple alteration trends were seen. During a two week period over 180 samples were taken in the area.
Four trenches along the McMorris vein were mapped, thoroughly sampled, and produced the following results:
Length Ag Ag
Trench ft (m) ppm oz/t
1 55.0 (16.8) 227.7 7.3
2 50.0 (15.2) 181.2 5.8
3 60.0 (18.3) 323.9 10.4
4 30.0 (9.1) 119.0 3.8
These combined results produced a grade of 6.8 oz/t (213ppm) along exposed portions totalling 145 feet within an overall length of 195.0 feet (59.4m) along the McMorris Vein. Samples were taken every 5ft (1.52m) in the exposed trenches. Mapping has indicated a vein width of approximately 10ft (3.0m). Diamond drilling is required to confirm the vein width. Within these trench intervals the highlight intervals are seen below:
Highlight Intervals
Length Ag Ag
Trench ft (m) ppm oz/t
3 15 (4.6) 1031.7 33.2
1 20 (6.1) 287.0 9.2
2 20 (6.1) 232.2 7.5
1 25 (7.6) 226.6 7.3
To view the maps accompanying this press release please click on the following link: http://media3.marketwire.com/docs/TRM0915.pdf
Eighty additional small trenches were mapped and sampled thoroughly in the examined area. Of the 180 samples taken 53 samples assayed over 3.2oz/t (100ppm) silver. The samples also assayed anomalous copper, lead and zinc values.
The Pre-Cambrian Ruin Granite hosts many shear zones and multiple types of alteration including hematite, ankerite, and chlorargyrite (silver chloride). The anomalous silver values are highly associated with variations in magnetic susceptibility and increased chlorargyrite alteration in the area.
The highlights, samples over 3.2 oz/t (100 ppm) silver, taken from small and large trenches are shown below:
Sample ID Ag ppm Ag oz/t Cu % Pb % Zn %
E5105693 3310 106.4 0.84 0.71 0.14
61825 1725 55.5 0.03 0.11 0.08
E5105694 1190 38.3 0.50 0.48 0.08
61826 786 25.3 0.03 0.06 0.08
61814 651 20.9 0.06 0.08 0.07
61881 641 20.6 0.04 0.31 0.06
61812 599 19.3 0.05 0.04 0.07
61804 597 19.2 0.15 0.14 0.15
61827 584 18.8 0.04 0.04 0.11
61854 527 16.9 0.01 0.23 0.02
E5105696 524 16.8 0.11 0.36 0.05
E5105739 475 15.3 0.02 0.06 0.05
61879 411 13.2 0.02 0.25 0.04
61877 405 13.0 0.28 0.18 0.06
61807 352 11.3 0.17 0.55 0.25
E5105684 351 11.3 0.10 0.31 0.10
61810 282 9.1 0.11 0.41 0.16
61821 277 8.9 0.02 0.04 0.02
61846 252 8.1 0.02 0.06 0.02
61843 230 7.4 0.10 0.18 0.19
61829 226 7.3 0.06 0.18 0.10
E5105707 218 7.0 0.18 0.42 0.06
61853 215 6.9 0.01 0.16 0.01
61876 189 6.1 0.15 0.18 0.08
E5105700 180 5.8 0.02 0.09 0.06
61820 174 5.6 0.05 0.12 0.02
E5105743 174 5.6 0.06 0.33 0.16
61823 173 5.6 0.01 0.02 0.02
61883 173 5.6 0.01 0.18 0.03
61822 166 5.3 0.01 0.01 0.01
61882 159 5.1 0.01 0.03 0.01
61802 151 4.9 0.08 0.17 0.10
61801 142 4.6 0.25 0.06 0.24
61849 135 4.3 0.02 0.06 0.08
61832 133 4.3 0.06 0.12 0.12
E5105698 133 4.3 0.16 0.90 0.11
E5105682 131 4.2 0.13 0.47 0.43
61805 129 4.1 0.04 0.07 0.07
61840 125 4.0 0.05 0.09 0.02
61817 119 3.8 0.06 0.18 0.02
61811 116 3.7 0.06 0.14 0.08
61862 116 3.7 0.01 0.16 0.01
61803 114 3.7 0.10 0.09 0.08
61837 114 3.7 0.04 0.04 0.08
61845 114 3.7 0.03 0.07 0.07
E5105688 107 3.4 0.13 0.65 0.28
E5105706 107 3.4 0.02 0.13 0.05
61809 105 3.4 0.08 0.35 0.16
61844 105 3.4 0.06 0.13 0.08
61848 105 3.4 0.06 0.11 0.14
E5105742 105 3.4 0.03 0.31 0.03
61831 100 3.2 0.05 0.01 0.11
61841 100 3.2 0.01 0.01 0.01
The mineralization surrounding the McMorris vein remains open for extension to the east, south west and at depth. Based on these very positive results, from not only silver but from the copper-gold structure announced in previous press releases, Trueclaim has applied for a permit to drill some of these targets.
The Company expects to provide an update within two weeks on recent work done on the copper zone discussed in its new release dated June 2, 2011.
The Company has the right to earn a 100% working interest in the property pursuant to an agreement made with Black Diamond Exploration, Inc.
We seek safe harbour.
ON BEHALF OF THE BOARD
TRUECLAIM EXPLORATION INC.
John Carter, President
Technical information in this news release has been reviewed by Ms. Lindsay Moss, P. Geo. and prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101. Trueclaim's quality control and assurance program includes the insertion of standards and blanks, the retention of ½ of the cut core that has been sampled, pulps and rejects, and uses a independent certified lab, Accurassay Laboratories of Thunder Bay, ON. Samples are sent for fire assay and if warranted for ICP. Assays of significance are reassayed using screen metallics to ensure accurate values. Company Management, which takes full responsibility for content, prepared this news release.
This news release contains "forward-looking information" (within the meaning of applicable Canadian securities laws) and "forward-looking statements" (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as "anticipate", "believe", "expect", "plan", "intend", "potential", "estimate", "propose", "project", "outlook", "foresee" or similar words suggesting future outcomes or statements regarding an outlook. Such statements include, among others, those concerning the proposed diamond drilling program. All statements in this news release, other than statements of historical facts, which address future production, reserve potential, exploration activities, financing plans, objectives or goals, and events or developments that the Company expects, are forward-looking statements. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management's expectations regarding its ability to complete its exploration and development work as expected. Actual results could differ materially due to a number of factors, including, without limitation, operational risks in the completion of the Company's continued development work, technical, safety or regulatory issues, market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company's securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Actual results or developments may differ materially from those projected in the forward-looking statements, as assay intervals might not necessarily represent true width. Such risks include expectations that may be raised by discussing potential mine types and by comparing the Company's projects to other projects. Also, in order to proceed with the Company's exploration and acquisition plans, additional funding is necessary and, depending on market conditions, this funding may not be forthcoming on a schedule or on terms that facilitate the Company's plans. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.