Welcome to the Daily Picks! Where Uptick staff looks for new companies to feature, giving readers the opportunity to find new possibilities for their investment portfolios.
GEQU: Global Equity International, Inc.
Global Equity International, Inc. (OTCQB: GEQU) and its fully-owned subsidiaries GEP Equity Holdings Limited and Global Equity Partners Plc. (“GEP” – www.gepartnersplc.com), a specialist consultancy firm with offices located in Dubai and London, are extremely excited to announce that their client Quartal Financial Solutions (the “Company” – http://www.quartalfs.com), a Zurich (Switzerland) based Financial Technology Company, has successfully filled and raised US$2,018,136 via its first Private Placement Memorandum.
Peter Smith, CEO of Global Equity International Inc., said, “Recently, we announced that our client, Quartal Financial Solutions, had partially filled its first Private Placement Memorandum; now we are extremely happy to be able to announce that Quartal has successfully filled and closed their initial Private Placement Memorandum at a valuation of $2.50 per share. We continue working on our contractual mandate which includes assisting the Company, through introductions to our international network, with raising a further US$8 to US$10 Million. Quartal Financial Solutions is a great company with an extremely bright future that happens to be in an industry, Financial Technology, that smart money is looking to invest in today. Gulf News published an interesting article yesterday regarding FinTech and quoted the following: ‘A raft of financial technology (FinTech) companies are sprouting up across the globe and in the UAE, attracting the interest of hordes of customers and investors, including angel venture capitalists, family offices and even private equity funds.'”
CBGDF: Columbus Gold Corp.
Columbus Gold Corp. (TSX:CGT)(OTCQX:CBGDF) (“Columbus”) is pleased to announce the completion of two key land transactions at its 100% owned Bolo gold project, Nye County, Nevada. Columbus controls 10 projects in Nevada of which Eastside is the clear and principal priority. As a result of the recent transactions announced herein, a drill program is being considered for 2017 at the Bolo gold project.
Bolo is a Carlin-type gold and silver project, where surface sampling has defined widespread gold mineralization, associated with jasperoids and iron-stained structures, along two parallel north-south trending faults known as the Mine Fault and the East Fault. Alteration along the Mine Fault has been traced for 2,750 meters along strike, with surface gold in outcrop sampling from anomalous to 5.18 g/t gold. The East Fault has been mapped for 2,200 meters of strike with values from anomalous to 4.7 g/t gold. Gold mineralization in the South Zone of the Mine Fault is logged as oxide and is Carlin-type, associated with weak silicification and decalcification of Paleozoic sedimentary rocks. Preliminary metallurgical testing indicates the gold is amenable to cyanide recovery.
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