Element Global Press Release Archive

ELEMENT GLOBAL, INC’s (ELGL) SUBSIDIARY CLARINOVA TO START MINING FEASIBILITY STUDY

Los Angeles, CA- August 15, 2019- Clarinova Limited, a wholly-owned subsidiary of Element Global Inc. (ELGL: OTCMARKETS), announces the beginning to undertake a NI 43-101  geological feasibility survey of its audited mining tailing assets.

The plan calls for Clarinova Limited to utilize the resources of Element Global Mining Enterprises, Inc., the wholly-owned mining subsidiary of Element Global, Inc. to undertake the technical survey and testing starting this September 2019.

“NI 43-101 Standards” is a Canadian National Instrument for the “Standards of Disclosures for Mineral Projects.” The reports defined the mineral resources and mineral reserves on mining projects and properties. Each of these terms is divided into subcategories based on the quality and amount of work done to verify the amounts of minerals available and the economic viability of extracting them. A mineral resource is defined as a concentration or occurrence of minerals in such form and quantity and of such grade or quality that it has reasonable prospects for economic extraction. The three different types of mineral resources are metallic, nonmetallic and fossil fuels.

Merle Ferguson, Chairman, states, “Getting our project to a 43-101 standard provides the Company with a bankable feasibility of the economic values of the mineral tailings held in Clarinova Ltd.”

Even though ELGL is a US entity which trades in the US, it is  producing a bankable feasibility study to the qualification and quantification of the internationally recognized Canadian NI 43-101 standards, which remains an essential validation of the content and values of both precious and base metals in the mineralized tailings. Moreover, if the Company should decide to dual-list its equity on a Canadian stock exchange or perhaps the London Stock Exchange, the feasibility would facilitate such a listing.

For further information about this release, you can contact Investor Relations at YES INTERNATIONAL, 757-306-6090, yes@yesinternational.com, www.yesinternational.com and www.elementglobal.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.

ELEMENT GLOBAL, INC. (ELGL) ACQUIRES CLARINOVA LIMITED

Los Angeles, CA- August 13, 2019- Element Global, Inc. ( ELGL: OTCMARKETS) announces its acquisition of Clarinova Limited.

Clarinova Limited owns historic tailing piles.  These tailing piles based on today’s precious and semi-precious metal prices can be considered commercial grades and values. 

Based on the terms of the agreement, Clarinova Limited, as a wholly-owned subsidiary, will act as the finance, treasury, and private equity arm for all of Element Global’s operations and subsidiaries. Mr. Bertil Olsson remains Chairman of the Clarinova Limited subsidiary, and is now a member of the Board of Directors of the parent company, ELGL.

Merle Ferguson, Chairman of Element Global, Inc., states:  “After three years of negotiations and due diligence, the acquisition of Clarinova Limited as a wholly-owned subsidiary brings an enormous value-added asset to ELGL.“

He further states: “Given the recent increases in precious metal prices based on world demand as investors seek safe-haven assets during times of uncertainty, the timing of the Clarinova acquisition could not be better.”

At the time of publication of this release, prices for GOLD per ounce $1495.00 US, Silver per ounce $16.83 US, and Copper per pound $2.61 US.

ELGL expects to hire qualified mining executives into the Element Global Mining Enterprises subsidiary with one of their main focuses being a detailed audit and plan for the monetization of Clarinova Limited’s Battery Mineral related assets which also includes copper, gold and silver.

For further information about this release contact Investor Relations at YES INTERNATIONAL, 757-306-6090, yes@yesinternational.com, www.yesinternational.com and www.elementglobal.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.

ELEMENT GLOBAL, INC.’S (ELGL) BOARD OF DIRECTORS APPOINTS TWO NEW CORPORATE OFFICERS

Los Angeles, CA- August 8, 2019- Element Global, Inc. (ELGL: OTCMarkets) announces the new appointment of two corporate officer positions, CEO and President. 

ELGL’s Board of Directors, according to the terms and conditions of the recent asset acquisitions, appointed and approved both Mr. John LaViolette as ELGL’s Chief Executive Officer and Mr. Sasha Shapiro as President.

Mr. LaViolette’s and Mr. Shapiro’s years of experience and business relationships in all facets of ELGL’s core businesses can assure the development, growth, and scale at the Company.

Merle Ferguson, the Chairman, states, “the talent and skill-sets of both Mr. LaViolette and Mr. Shapiro bring experience to the ELGL team, adding to the Company’s business successes now and in the future.”

Over the next 90-day’s ELGL expects to bring aboard a highly qualified senior management team and advisory board.

For further information about this release, contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, at 757-306-6090, yes@yesinternational.com, www.yesinternational.com and www.elementglobal.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.