Listed on the Canadian Securities Exchange CSE: N OTC Pink: NXTTF Germany FSE: M5BN
VANCOUVER, March 24, 2014 /PRNewswire/ - Next Gen Metals Inc., ("Next Gen", the "Company") (CSE: N; OTC: NXTTF; Frankfurt: M5BN) is pleased to announce its first quarterly corporate update.
Highlights of the first quarter of 2014:
- Next Gen diversified into the Medical Marijuana, Industrial Hemp and Alternative Medicine industries (See press release dated February 26, 2014)
- Next Gen continues to add to its industry advisory board (See press release dated March 13, 2014)
- Next Gen announces its first investment; 100% owned subsidiary GreenRush Financial Conferences Inc. an international conference company (See press release dated March 20, 2014)
- Next Gen has received an overwhelming response for its first conference to be held in Vancouver, BC on May 7, 2014 at the Vancouver Convention and Exhibition Centre
- Next Gen continues to receive and review multiple business plans and proposals. Management is negotiating with potential financial partners to assist in financing Next Gen's deal flow
- Next Gen has a $2.75 million financing underway. The funds are to be used for further acquisitions, investments and working capital to advance the company's initiatives in the Medical Marijuana, Industrial Hemp and Alternative Medicine industries (See press release dated March 21, 2014)
Mr. Harry Barr, President and CEO of Next Gen, stated "After extensive research by management, and approval by the Board of Directors, the Company became one of Canada's first public companies to enter into this multi-billion dollar Green Rush. Next Gen intends on investing in a basket of companies throughout the industry. I am very pleased with our progress to date and 2014 will be a very dynamic year for the company and its shareholders. To that end Management is pleased to provide you with our first quarterly update detailing our progress to date."
Next Gen's vision is to be a leading provider of venture capital, management expertise, education and a facilitator for the Medical Marijuana, Industrial Hemp and Alternative Medicine sectors. In line with its vision, the company recently announced its first investment: GreenRush Financial Conferences a 100% owned subsidiary. Our Financial Conference Company's objective is to become the Premier Purveyor of Investment Conferences for the Medical Marijuana, Industrial Hemp and Alternative Medicine industries.
The first two Conferences will be held in Vancouver and Toronto. The first conference will take place on Wednesday, May 7, 2014 in the Vancouver Convention and Exhibition Centre East, Ballrooms A/B/C in the Pan Pacific Hotel. The second is tentatively set for May/June 2014 in Toronto, Ontario. GreenRush Financial Conferences will highlight investments throughout the Medical Marijuana, Industrial Hemp and Alternative Medicine sectors and will feature insightful speakers from government, health and industry specialists, public and private companies, fund managers, bankers, brokers, analysts, and media representing all aspects of the industries. For further information on GreenRush Financial Conferences and to book a trade booth please contact us by phone or at [email protected] or [email protected].
Next Gen is evaluating acquisition and investment opportunities throughout North America and is receiving business plans and proposals 24/7. Next Gen is currently reviewing investment opportunities in the Medical Marijuana, Industrial Hemp and Alternative Medicine industries including investments in health, agri-business, food, legal growth operations, technology, client generation, education, public awareness, specialty medical devices and ancillary business opportunities. The company will leverage the experience of its Management and Advisory teams to determine which opportunities it will undertake. The company intends on investing in a basket of companies as well as incubating companies that are technically savvy, but require professional assistance in fundraising, complex negotiations, capital markets, public company administration and IPOs. Next Gen's management team has negotiated over 300 deals with Junior and Mid-Tier companies and completed over 40 deals with Major companies. Furthermore, Management has raised over $250,000,000 in Venture Capital to date to fund its company's projects.
Next Gen has a $2.75 million financing underway. The proceeds from the private placement will be used for acquisitions, investments and working capital to advance the company's initiatives in the Medical Marijuana, Industrial Hemp and Alternative Medicine industries as well as financing the company's GreenRush Financial Conference business.
About Next Gen (CSE: N, OTC Pink: NXTTF, FSE: M5BN)
Next Gen is a diversified Canadian public company which focusses on investing in the Medical Marijuana, Industrial Hemp and Alternative Medicine sectors. Recent regulatory/legal changes in North America have provided an opportunity for the company to enter into this emerging multi-billion dollar industry. Next Gen's vision is to be the leading provider of venture capital, management expertise, education and a facilitator for this explosive new industry. (See press release dated February, 26 2014)
Our business model generates new business plans and industry related proposals on an ongoing basis. Management continues to receive and review the proposals from various segments of the industry including: alternative medicine, health, food, agri-business, legal grow-ops, technology, client generation, education, public awareness, specialty clinics and ancillary business opportunities. For further information, visit our website at www.nextgenmetalsinc.com.
About GreenRush Financial Conferences (Private Wholly Owned Sub of Next Gen)
On March 20, 2014 Next Gen announced that its wholly owned subsidiary GreenRush Financial Conferences (GreenRush), will conduct its first Medical Marijuana, Industrial Hemp and Alternative Medicine business conference in Vancouver on May 7, 2014.
The conference will be held at the Vancouver Convention and Exhibition Centre, East, Pan Pacific Hotel, in ballroom A/B/C. GreenRush Financial Conferences will become the platform facilitating investment, education and business to business opportunities across the Medical Marijuana, Industrial Hemp and Alternative Medicine sectors. The conferences will feature insightful speakers, government and industry specialists, public and private companies, fund managers, bankers, brokers, analysts, and media representing all aspects of the industry. (See press release dated March 20, 2014).
In light of Next Gen's vision, Management's objective is to invest in a basket of companies within this growing industry. The company's business model continues to generate new business plans and project submittals 24/7.
For further information on GreenRush Financial Conferences and to book a trade booth please contact us by phone or at [email protected] or [email protected].
For further information on this Private Placement and general Investor Relations Inquiries please contact us by phone or email at [email protected].
On behalf of the Board of Directors
"Harry Barr"
Harry Barr
President & CEO
FORWARD LOOKING INFORMATION
This News Release contains forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements.
Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company's disclosure documents which can be found under the Company's profile on www.sedar.com.
This News Release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
The CSE has neither reviewed nor approved the contents of this News Release.
SOURCE Next Gen Metals Inc.
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