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Kerr Mines Inc. (KERMF: OTCQB) | Kerr Mines Mobilizes Mine Development Contractor at Copperstone Mine

TORONTO, Aug. 21, 2017 /PRNewswire/ – Kerr Mines Inc. (“Kerr” or the “Company”) (TSX: KER, OTC: KERMF, FRA: 7AZ1) is pleased to announce that it has initiated the first phase of the underground drill access mine development for the 2017 Copperstone Mine exploration/development program and pre-feasibility study.  Approximately 1,200 feet of new exploration drift is planned to be completed in the first phase.  This drift will provide first-time underground drill access to facilitate further definition of the parallel Footwall Zone and to enhance the existing resource in the Copperstone Zone. 

The new underground drift will be accessed from existing workings and will extend mine access drifting by approximately 1,200 feet to the Southeast, along the strike of the Copperstone Zone.  This access is placed between the Copperstone Zone and the parallel Footwall Zone, giving exploration and development drilling access to both zones.   The drift is strategically placed in the footwall of the Copperstone Zone, to provide access for potential future mining.

The objective of the exploration drilling is to continue to build from prior successful drilling results in the Footwall Zone which has indicated similar attitude, rock type, alteration, width and grade as is seen the Copperstone Zone. It is also designed to increase the resource confidence level of the Copperstone Zone along strike and increase its down dip extension. 

“DMC Mining Services , our mine development contractor, has done an excellent job of preparing for this work.  All of their equipment has arrived at the Copperstone Mine site and they will be commencing mining by the end of the week. The access to drilling that the drift will provide is an investment in the current 2017 Copperstone exploration and resource enhancement program, and is an investment in the future development of this former producing mine. The 2017 Copperstone exploration and development program is the cornerstone of the forthcoming pre-feasibility study and is a key component to the strategy of advancing the Copperstone Mine project towards a production decision, ” said Martin Kostuik, President Kerr Mines.

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in NI 43-101 and reviewed and approved by Michael R. Smith, Registered Geologist, a “Qualified Person” as defined by NI 43-101 for this project.

About Kerr Mines Inc.
Kerr Mines is a North American gold development and exploration company currently advancing the fully permitted past-producing Copperstone Mine project. Copperstone is a high-grade gold project located along the Walker Lane mineral belt in mining-friendly Arizona. The project demonstrates significant upside exploration potential within 12,000 acre a land package which includes a production history of over 500,000 ounces of gold. The Company’s current focus is on maximizing Copperstone’s potential by defining and expanding current resources and strengthening the mine’s economics leading to a production decision.

Cautionary Note Regarding Forward Looking Statements

This news release contains forward-looking statements, including current expectations on the timing of the commencement of production and the rate of production, if commenced. These forward-looking statements entail various risks and uncertainties that could cause actual results to differ materially from those reflected in these forward-looking statements. Such statements are based on current expectations, are subject to a number of uncertainties and risks, and actual results may differ materially from those contained in such statements. These uncertainties and risks include, but are not limited to, the strength of the Canadian economy; the price of gold; operational, funding, and liquidity risks; the degree to which mineral resource estimates are reflective of actual mineral resources; and the degree to which factors which would make a mineral deposit commercially viable are present; the risks and hazards associated with underground operations. Risks and uncertainties about Kerr Mines’ business are more fully discussed in the Company’s disclosure materials, including its annual information form and MDA, filed with the securities regulatory authorities in Canada and available at www.sedar.com and readers are urged to read these materials. Kerr Mines assumes no obligation to update any forward-looking statement or to update the reasons why actual results could differ from such statements unless required by law.

Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release and no stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

SOURCE Kerr Mines Inc.

Article source: http://www.otcmarkets.com/stock/KERMF/news?id=167771

Security Devices International, Inc. (SDEV: OTCQB) | SDI Appoints Don Levantin to the Board of Directors

SDI Appoints Don Levantin to the Board of Directors

Aug 21, 2017

OTC Disclosure News Service

(TSX-V: SDZ) (OTCQB: SDEV) Security Devices International Inc. (“SDI” or
“The Company”) is pleased to name Don Levantin to the board of directors
as an independent member, effective immediately.

Mr. Levantin is a senior executive with a proven track record of
positioning companies for growth, profitability and acquisition. He is
currently the CEO and a board member of Amphora Inc., the leading global
software solution and service provider for energy and commodity trading,
risk management and logistics execution. With over 30 years experience,
he is an accomplished strategist in conceptualizing, building and
operating corporations on a global level in the commodity sector. Prior
to leading Amphora, he was a co-founder of Commoditrack, a real-time
mark-to-market and risk management platform for commodities, which was
acquired by the Intercontinental Exchange (ICE) and later by Sungard
Financial Systems. Prior to building and leading companies in the
software sector, Mr. Levantin was a commodity trader with Philipp
Brothers Commodity Corporation and Phibro Energy. Don holds a B.S. in
Business and Economics from Lehigh University.

The Company has granted stock options to Mr. Levantin to purchase 99,667
common shares in the capital stock of the Company, exercisable for a
period of 5 years, at a price of $0.20 CDN per share. The options will
vest immediately. The grant of options remains subject to approval by
the TSX Venture Exchange.

About Security Devices International
SDI is a technology
company specializing in the areas of Military, Law Enforcement,
Corrections, and Private Security. The Company develops and manufactures
innovative, less lethal equipment and munitions.

Forward Looking Statement
The information in this news
release includes certain information and statements about management’s
view of future events, expectations, plans and prospects that constitute
forward looking statements. Because of certain risks and uncertainties
and as a result of a variety of factors, the actual results,
expectations, achievements or performance may differ materially from
those anticipated and indicated by these forward looking statements.
Although SDI believes that the expectations reflected in forward looking
statements are reasonable, it can give no assurances that the
expectations of any forward-looking statements will prove to be correct.
Except as required by law, SDI disclaims any intention and assumes no
obligation to update or revise any forward looking statements to reflect
actual results, whether as a result of new information, future events,
changes in assumptions, changes in factors affecting such forward
looking statements or otherwise.

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.

Copyright © 2017 Businesswire. All Rights Reserved

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source: http://www.otcmarkets.com/stock/SDEV/news?id=167748

Metso Corporation (MXCYY: OTCQX International Premier) | Four new distribution agreements strengthen Metso’s local presence in India’s flow control markets

Four new distribution agreements strengthen Metso’s local presence in India’s flow control markets

Metso Corporation’s press release on August 21, 2017 at 11:00 a.m. EEST

Metso strengthens its presence in India with the signing of four non-exclusive distribution agreements for its valve products. The agreements with Fluidline Systems, General Energy Management Systems Ltd (GEMSL), SB Enterprise and Proflo Systems expand the coverage of Metso’s Neles® and Jamesbury® product families into different regions and industries in the growing markets of India. The distribution network will also provide support in services.

Caption: Neles NDX has been designed to save time and resources and it is suited for a wide range of valves.

The agreements were signed during the first half of 2017. All the partnering distributors have already received orders for valves and positioners. Distributors will serve pulp, paper and several other process industries, such as refineries, chemical, fertilizer, steel, power and waste water.

“With the help of these distributors, we expand our coverage throughout India as all the distributors operate in different regions. In addition to Metso’s own flow control experts in India who take care of the most demanding customer needs, these distributors have their own role in improving local support and inventories as well as providing fast deliveries to our customers,” says Vinay Pradhan, Director, Flow Control, India Market Area, Metso.

“It is our privilege to represent Metso and their high-quality products in the Indian market. We are extremely excited and look forward to grow together in the years to come,” says J.K. Khandelwal, President, GEMSL.

“We are proud to be associated with Metso, one of the leading companies in flow control solutions. During the 25 years in the industry, I have admired the indisputable strength of Metso: valuing customers and offering them only the best solutions with first-class quality,” says Prasanna Sangam, Managing Director, Proflo Systems.

Metso has a supply and service center in Vadodara, India. The local Metso service experts support sales by executing purchase orders for complete valve assemblies and by providing their knowledge to ensure that Metso’s high standards are applied even in the most challenging cases.

Distribution channel expansion calls for recognized partners    
Developing the distribution channel globally is one of the most important strategic growth initiatives of Metso’s Flow Control business. By partnering with the top distributors, Metso improves its presence in the traditional core areas as well as in new markets to serve its customers better.

Caption: Distributor network improves the availability of spare parts locally.

Fluidline Systems is a one stop solution for almost all pumping needs. It focuses on the oil, gas and process industries and customizes its offering according to customers’ needs. In the agreement with Metso, it covers all process industries in the South Indian states of Karnataka, Tamil Nadu and Kerala.
General Energy Management Systems Ltd (GEMSL) offers customized solutions, products and services in the oil, gas and power industries in India. In the agreement with Metso, it covers all process industries in the North Indian states of Delhi, Haryana, Uttar Pradesh, Uttarakhand and Punjab.
Proflo Systems has over four decades of experience in the valve industry. In seven years, Proflo Systems has established itself as a reliable partner for valves and automation in all major sectors such as in oil gas industries, both upstream and downstream, through reputed companies. In the agreement with Metso, it covers all process industries and system integrators in the Pune industrial region of the state of Maharashtra in western India.
SB Enterprise’s key focus areas are major oil, gas and process industries. In the agreement with Metso, it covers all process industries in the East Indian states of West Bengal, Jharkhand, Bihar, Assam Orissa.

Metso is a world-leading industrial company serving the mining, aggregates, recycling, oil, gas, pulp, paper and process industries. We help our customers improve their operational efficiency, reduce risks and increase profitability by using our unique knowledge, experienced people and innovative solutions to build new, sustainable ways of growing together.

Our products range from mining and aggregates processing equipment and systems, to industrial valves and controls. Our customers are supported by a broad scope of services and a global network of over 80 service centers and about 6,000 service professionals. Metso has an uncompromising attitude towards safety.

Metso is listed on the Nasdaq Helsinki in Finland and had sales of about EUR 2.6 billion in 2016. Metso employs over 11,000 people in more than 50 countries. Expect results.

www.metso.com, www.twitter.com/metsogroup

For further information, please contact:

Vinay Pradhan, Director, Flow Control, India, Metso, Tel. +91 22 39139 119, email: vinay.pradhan@metso.com

Helena Marjaranta, Vice President, Global Communications, Metso Corporation, Tel. +358 20 484 3212, Email: helena.marjaranta@metso.com

Article source: http://www.otcmarkets.com/stock/MXCYY/news?id=167684

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