|By Marketwired .||
|February 1, 2013 05:31 PM EST||
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/01/13 -- Pinestar Gold Inc. (TSX VENTURE:PNS) ("Pinestar" or the "Company") reports that as a result of a review by the British Columbia Securities Commission, it is issuing this news release to clarify and retract certain technical disclosure published on the Company's website and to clarify that it does not endorse certain statements made about the Company in a business journal.
Until recently, the Company's website, located at www.pinestargoldinc.com , contained out-of-date information regarding such matters as the Company's share capital structure and the current members of the board of directors. The Company has taken its website temporarily offline as it is in the process of updating the outdated information. The Company anticipates that its website will be made publicly available again shortly.
2011 Investor Presentation
The Company published on its website an investor presentation dated June 2011 (the "2011 Presentation"), relating to the Company's Becker property (the "Becker Property") located in Chile. The 2011 Presentation included disclosure about the Company's plans to complete further reconnaissance drilling in the third quarter of 2011. The Company did not proceed with further reconnaissance drilling, and retracts all statements contained in the 2011 Presentation regarding its future exploration plans on the Becker property. The 2011 Presentation also included a slide setting out the hypothetical cash flow of potential mineral production at the Becker Property (the "Hypothetical Cash Flow Projection"). The Company wishes to clarify that Hypothetical Cash Flow Projection was not based upon any mineral resource or reserve estimates or mining studies in respect of the Becker Property, and should not be relied upon. The Company retracts the Hypothetical Cash Flow Projection in its entirety, and retracts any other disclosure contained in the 2011 Presentation or disclosed elsewhere which suggests that there have been any NI 43-101 compliant mineral resource or reserve estimates or mining studies prepared in respect of the Becker Property. The Company clarifies that the Becker Property is an early-stage exploration property, and insufficient exploration work has been completed on the Becker Property at this stage to prepare an NI 43-101 compliant mineral resource or reserve estimate or a mining study.
The Company has removed the 2011 Presentation from its website.
On March 1, 2012, the Company issued a press release announcing the execution of a letter agreement with Zimtu Capital Corp. ("Zimtu"), pursuant to which the Company acquired an option (the "Option") to acquire a package of 11 exploration-stage graphite properties located in Australia (the "Graphite Properties"). On May 11, 2012, the Company issued a news release announcing that following its due diligence review of the Graphite Properties, it had elected not to proceed with the exercise of the Option.
On April 5, 2012, the Canadian Business Journal published an article regarding the Company and the Graphite Properties which was based on information provided by the Company and Zimtu (the "CBJ Article"). The Graphite Acquisition Article contained overly promotional statements regarding the Graphite Properties and the Company, including a statement that a portion of the Graphite Properties were likely to be Western Australia's first commercial grade graphite mine, and a statement that the Company was "poised strategically as a major producer of graphite".
The Company wishes to clarify that the Company in no way endorses the CBJ Article or the statements contained therein. The Company wishes to re-confirm that the Company has terminated the Option, and holds no interest in the Graphite Properties, or any other graphite-bearing properties. As a result of the out-of-date information and overly promotional statements regarding the Company contained in the CBJ Article, the Company has requested that the Canadian Business Journal remove the CBJ Article from its website.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
Feb. 21, 2017 03:00 AM EST Reads: 1,586
910Telecom exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and exchanges.
Feb. 21, 2017 02:45 AM EST Reads: 1,308
Whether you like it or not, DevOps is on track for a remarkable alliance with security. The SEC didn’t approve the merger. And your boss hasn’t heard anything about it. Yet, this unruly triumvirate will soon dominate and deliver DevSecOps faster, cheaper, better, and on an unprecedented scale. In his session at DevOps Summit, Frank Bunger, VP of Customer Success at ScriptRock, discussed how this cathartic moment will propel the DevOps movement from such stuff as dreams are made on to a practic...
Feb. 21, 2017 02:00 AM EST Reads: 4,558
As software becomes more and more complex, we, as software developers, have been splitting up our code into smaller and smaller components. This is also true for the environment in which we run our code: going from bare metal, to VMs to the modern-day Cloud Native world of containers, schedulers and micro services. While we have figured out how to run containerized applications in the cloud using schedulers, we've yet to come up with a good solution to bridge the gap between getting your contain...
Feb. 21, 2017 01:15 AM EST Reads: 3,251
The modern software development landscape consists of best practices and tools that allow teams to deliver software in a near-continuous manner. By adopting a culture of automation, measurement and sharing, the time to ship code has been greatly reduced, allowing for shorter release cycles and quicker feedback from customers and users. Still, with all of these tools and methods, how can teams stay on top of what is taking place across their infrastructure and codebase? Hopping between services a...
Feb. 21, 2017 01:00 AM EST Reads: 6,258
Niagara Networks exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
Feb. 21, 2017 12:30 AM EST Reads: 703
Zerto exhibited at SYS-CON's 18th International Cloud Expo®, which took place at the Javits Center in New York City, NY, in June 2016. Zerto is committed to keeping enterprise and cloud IT running 24/7 by providing innovative, simple, reliable and scalable business continuity software solutions. Through the Zerto Cloud Continuity Platform™, organizations can seamlessly move and protect virtualized workloads between public, private and hybrid clouds. The company’s flagship product, Zerto Virtual...
Feb. 21, 2017 12:30 AM EST Reads: 1,030
WebRTC is about the data channel as much as about video and audio conferencing. However, basically all commercial WebRTC applications have been built with a focus on audio and video. The handling of “data” has been limited to text chat and file download – all other data sharing seems to end with screensharing. What is holding back a more intensive use of peer-to-peer data? In her session at @ThingsExpo, Dr Silvia Pfeiffer, WebRTC Applications Team Lead at National ICT Australia, looked at differ...
Feb. 20, 2017 10:15 PM EST Reads: 6,193
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service. In his session at 19th Cloud Exp...
Feb. 20, 2017 10:15 PM EST Reads: 3,323
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
Feb. 20, 2017 10:15 PM EST Reads: 5,905
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Feb. 20, 2017 09:15 PM EST Reads: 905
"Plutora provides release and testing environment capabilities to the enterprise," explained Dalibor Siroky, Director and Co-founder of Plutora, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
Feb. 20, 2017 09:15 PM EST Reads: 4,503
Security, data privacy, reliability and regulatory compliance are critical factors when evaluating whether to move business applications from in-house client hosted environments to a cloud platform. In her session at 18th Cloud Expo, Vandana Viswanathan, Associate Director at Cognizant, In this session, will provide an orientation to the five stages required to implement a cloud hosted solution validation strategy.
Feb. 20, 2017 08:45 PM EST Reads: 4,336
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and 21st International Cloud Expo, which will take place in November in Silicon Valley, California.
Feb. 20, 2017 08:30 PM EST Reads: 1,504
The security needs of IoT environments require a strong, proven approach to maintain security, trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vic...
Feb. 20, 2017 07:00 PM EST Reads: 8,234