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AFRI Afriag

0.085
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Afriag LSE:AFRI London Ordinary Share IM00B3VVCM89 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.085 - 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Afriag Share Discussion Threads

Showing 1951 to 1969 of 2125 messages
Chat Pages: 85  84  83  82  81  80  79  78  77  76  75  74  Older
DateSubjectAuthorDiscuss
08/11/2017
14:18
Someone is dumping their shares at regular intervals ,no buys for months.looking dead in the water
tunnelking
07/10/2017
12:14
boy we are feeding a whole world now!!! so good!! please eat beans and cabbage, so we can go forward with other our endevours in natural gas and oilz. ha ha ha ha!!!
rwauu
18/8/2017
18:33
TSXV:QBA



LGC Capital Ltd. announces $1,555,000.00 private placement to advance the company's medical cannabis initiatives



LGC Capital Ltd. (TSXV: QBA) ("LGC") is pleased to announce that it has received conditional approval from the TSX Venture Exchange for a private placement of a maximum of 30,000,000 units at a price of $0.10 per unit, for maximum gross proceeds to LGC of $3.0 million. To date, LGC has received signed subscription agreements and subscription funds for an aggregate amount of $1,555,000, which represents 15,550,000 units. Of that amount, senior management is contributing $300,000. LGC expects that a first closing of the private placement will take place on or about August 24, 2017.

John McMullen, LGC's CEO, comments: "LGC will use the net proceeds from this private placement to advance the Company's new initiatives in the global medical cannabis sector and for general working capital purposes. In particular, some of the capital raised will be used to assist with the funding of our new joint venture with AfriAg (Pty) Ltd and our recent investment in the House of Hemp (Pty) Ltd in South Africa. Funding will also be channeled towards seeking new medical cannabis investment opportunities elsewhere in southern Africa and in the Asia Pacific Region."

Each of the units will be comprised of one common share and one common share purchase warrant; each warrant will entitle its holder to acquire one additional LGC common share at a price of $0.15 for a period of one year from the closing date. In the event that the closing price of LGC's common shares on the TSX Venture Exchange is at least $0.20 for a period of not less than 20 consecutive trading days, the warrants will expire, at the sole discretion of LGC, on the 30th day after the date on which LGC sends a notice in prescribed form to the holders of the warrants.

The units are being offered to "accredited investors" in some or all of the provinces of Canada and in other jurisdictions, if any, determined by LGC.

At the closing of the private placement, LGC will pay cash commissions to various securities dealers in an amount equal to 8% of the proceeds from the sale of units sold through such dealers. In addition, LGC will issue "broker warrants" to such dealers in an amount equal to 8% of the number of units sold through them. Each of the broker warrants will entitle the holder to purchase one additional LGC common share at a price of $0.10 for a period of six months from the closing date of the private placement.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, and these securities will not be offered or sold in any jurisdiction in which their offer or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws of the United States. Accordingly, these securities will not be offered or sold to persons within the United States unless an exemption from the registration requirements of the 1933 Act and applicable state securities laws is available.

About LGC (hxxp://www.lgc-capital.com)
LGC Capital Ltd. is a Canadian incorporated public company listed on the TSX Venture Exchange (TSXV: QBA). LGC Capital's objective is to become a diversified business group with core business divisions that provide shareholders with exposure to a diverse range of businesses, products and services, many of which have some exposure to high growth Cuban business opportunities and some that have no exposure to Cuba at all. LGC Capital has now entered into the agricultural space and the medical cannabis sector in southern Africa through its new joint venture with AfriAg and is seeking new investments opportunities in this sector.

cpap man
15/8/2017
17:33
NEX:AFRI & TSXV:QBA



MONTREAL and DURBAN, South Africa, Aug. 15, 2017 /CNW Telbec/ - LGC Capital Ltd. (TSXV: QBA) ("LGC" or the "Company") announces that it will now be offering contract medical cannabis growing and processing services to any licenced jurisdiction that can offer medical cannabis.

LGC and its JV Partner AfriAg are fully licenced to grow and transport medical cannabis from South Africa.

The partnership will target international markets looking to save on capital and operating costs and increasing their year round production capacity by growing, refinining and exporting their products from the 40,000 metre2 growing facility at the Dube TradePort Agrizone complex, which is located within the secure and bonded airport prescinct of Durban's King Shaka International Airport in South Africa. The fact the facitliy is bonded opens up the partnership's ability to export to the international cannabis marketplace.

LGC and AfriAg (Pty) Ltd can offer year round contract growing and manufacturing services from its current facilities, which feature a purpose built 40,000 m2 temperature-regulated and humidity-controlled greenhouse (all of which is under glass), with refrigerated pack houses, laboratories and offices. This complex is regarded as the most eco-friendly and high-tech agricultural facility in Africa.

"Apart from LGC now looking at new licensed medical cannabis investment opportunities in the Asia-Pacific Region, we are working hard towards significantly expanding our medical cannabis footprint further in to the southern African region." said John McMullen, LGC Capital's CEO. "At LGC we are excited for this unique opportunity in South Africa as LGC and its partners already have a pre-built glasshouse and greenhouse infrastructure, abundant clean water supply, some of the best heat growing units globally for agriculture, a very competitive labour market and some of the lowest electricity unit costs in the world. LGC and AfriAg can today provide licensed cannabis growers anywhere in the world (in particular the northern hemisphere where costs are high due to severe winter climatic conditions) with a low cost, fully custom, bonded growing and manufacturing platform designed to reduce their capital expenditure, operating costs and increase their speed to not only their domestic licensed markets but to a more global market place through fully bonded and secure facilities."

LGC, and its JV Partner in the global medical cannabis sector, AfriAg (Pty) Ltd, recently announced on 18 July 2017 that it had signed agreements to acquire a 60% beneficial interest in the House of Hemp (Pty) Ltd, which is South Africa's one-stop authority on all things hemp and cannabis.

Based in Block "D" of the Dube TradePort's Agrizone Complex at Durban's King Shaka International Airport, the facilities feature 40,000 m2 of secure, temperature-regulated and humidity-controlled greenhouse under glass, with refrigerated pack houses, laboratories and offices. This complex is the only licensed indoor growing facility in South Africa and Dube's AgriZone is regarded as the most eco-friendly and high-tech agricultural facility in Africa and is where House of Hemp is planning to ramp up Research & Development of high-CBD medicinal grade cannabis.

About House of Hemp:

House of Hemp is now a member of the National Hemp Foundation (NHF) and has served as the convener of the NHF's Human Resource Development Group (in the first phase). House of Hemp is currently the coordinator of the NHF's Private Sector Working Group.

Licensed in 2010, House of Hemp became the first private company to be awarded an exclusive permit from the Departments of Agriculture and Health to legally cultivate and process hemp in South Africa. Because House of Hemp wanted to reliably expand into the budding industrial market, the company sought an exclusive permit from the Departments of Agriculture and Health to not only import hemp, but also to legally cultivate and process it in South Africa. In 2010, the House of Hemp became the first private company to be awarded such a permit.

As well as supplying hemp fibres and oils, the House of Hemp conducts research and supplies by-products like tow, biomass, dust and seedcake. These have enormous promise, as sustainable replacement materials for a variety of industries globally.

In 2015, House of Hemp partnered with the South African Department of Agriculture & Health. Other key Partnerships established in the same year include the University of the Free State, the Council of Scientific and Industrial Research (CSIR), the Agricultural Research Institute (ARC); the National Agriculture Marketing Council (NAMC); it is owing to these key partnerships that House of Hemp was able to begin conducting research into medical cannabis.

About LGC Capital

LGC Capital Ltd. is a Canadian incorporated public company listed on the TSX Venture Exchange (TSXV: QBA). LGC Capital's objective is to become a diversified business group with core business divisions that provide shareholders with exposure to a diverse range of businesses, products and services, many of which have some exposure to high growth Cuban business opportunities and some that have no exposure to Cuba at all. LGC Capital now plans to enter into the agricultural space in southern Africa through its new joint venture with AfriAg.

About AfriAg

AfriAg (Pty) Ltd is a global agriculture and agri-logistics specialist, and provides crop growing and logistics solutions, food marketing and bespoke distribution services, by road, air and sea, to many major food retailing and wholesale corporations around the world. AfriAg (Pty) Ltd is 40% owned by London listed AfriAg Global PLC.

cpap man
07/8/2017
08:44
A tweet from DL on NEX:AFRI & by default TSXV:QBA



David Lenigas‏ @DavidLenigas Aug 5

Replying to @CanadaPotstocks

People will not be ignoring AfriAg Global on London's NEX Exchange and $QBA.v much longer. #cannabis

cpap man
25/7/2017
12:51
This is my post from PLMO (where Hamish Harris is CEO). What are your thoughts ?

Our CEO got his options (50m at 0.045p)and hasnt sold them . He then bought 44m shares in the last placing , so it's obvious that he thinks that the share price will be higher at some point in the future .

What are the rules regarding a RTO , do you need a certain amount of directors on the bod ? , if that's the case , then it would explain why Danial and Nick joined .

Mr Burton and Mr Mason bought 100m shares each and haven't sold a single share , so obviously they also think that the share price will increase at some point .

Aim doesn't want any more investment companies on Aim , especially with a mkt cap below £5m - £6m.

How will Hamish create shareholder value with 5.1b shares in issue ?. The only way is to get a stake in a private company / and to do a RTO.

A share consolidation doesn't always mean bad news . It all depends on the asset / number of shares and market cap .

This would be my preferred route and maybe that's why we didn't lend OY the money and why GUN done it instead .

We now have about £1.1m in cash that's just waiting for the right investment to happen .

Donald and Leni sold some of their Dor shares a few days before Polemos announced a placing . These guys are mates and are on the bod at various different companies (all interlinked between them). Knowing this I'm pretty sure that they took part in our placing .

The latest news with AfriAg and LGC (both Leni Gas companies) makes me think that we will get a nice stake in House of Henp or that a reverse takeover will happen .

Both of those companies have commited to pay $4.9m within 6 months (to start cannabis production).

You only have to see what happened with all the Weald companies to see what will happen . It's what these guys do and our £1m cash will go a long way towards the $4.9m.

AfriAg and House of Henp are private companies and I'm sure Leni would like a new cannabis firm that's listed on Aim . It just makes perfect sense ... everything adds up .

You never know it could be a Sunshine Resources RTO but I'm leaning towards LGC .

We should see the biggest shareholder list get updated soon because the new shares hit the market today (hardly any sells) which means everyone is holding .

Our market cap is now £1.1m and that reflects our cash position , our Aim listing is worth another £500k as well .

It will be interesting too see if we get anymore TR1's from the big shareholders who have increased their stake before the 18th August (when the close period ends).

Nothing is guaranteed in this game , all we can do is our own research and invest accordingly .

It's a waiting game now , the market will rinse any traders or anyone who has lost patience .

The share price doesn't always correlate with what's going on behind the scenes / what's about to get announced .

Time will tell ....

GLA

under the radar
24/7/2017
15:52
NEX:AFRI [the JV is with TSXV:QBA]



Michaelx10524 Jul '17 - 14:59 - 567178 of 567178 1 0

AFRI

Just signed a JV and in the Cannabis space.

Now a pot stock.

Will be big.

cpap man
24/7/2017
06:55
So what are we expecting here with DL Involved?
goldfinger_1964
22/7/2017
18:14
The Sun Never Sets On AfriAG Global

hxxp://www.lgc-capital.com/investments/afriag-global-joint-venture/

kenny100
22/7/2017
10:25
LGC owns 30% and Afriag (Pty) Ltd owns 30% of house of hemp .

They have committed to pay $4.9m (say $5m) to start large scale production.

That = $833k for every 10% .

Afriag Global owns 40% of Afriag(Pty) Ltd , so only own 12% .

Is that correct ?

under the radar
21/7/2017
13:15
TSXV:QBA & NEX:AFRI



LGC Capital Cannabis Partnership Makes First Payment Under Agreements To Acquire 60% Interest In South Africa's House Of Hemp
Canada NewsWire

MONTREAL and South Africa, July 20, 2017

MONTREAL and South Africa, July 20, 2017 /CNW Telbec/ - LGC Capital Ltd. (TSXV: QBA) ("LGC" or the "Company") is pleased to announce that the first payment has been made by the Company and its JV Partner, AfriAg (Pty) Ltd, to the House of Hemp (Pty) Ltd, under the agreement previously announced on July 18th 2017 to acquire a 60% beneficial interest in the House of Hemp.

Logo: LGC Capital Ltd (CNW Group/LGC Capital Ltd)

The House of Hemp is South Africa's one-stop authority on all things hemp and cannabis. Based in Block D of the Dube TradePort's Agrizone Complex at Durban's King Shaka International Airport, which features 40,000 m2 of secure, temperature-regulated and humidity-controlled greenhouse under glass, with refrigerated pack houses, laboratories and offices. This complex regarded as the most eco-friendly and high-tech agricultural facility in Africa and is where House of Hemp is planning to ramp up Research & Development of high-CBD medicinal grade cannabis.

Although medical cannabis is its newest and largest focus, House of Hemp started as an importer and reseller of hemp products, which remains a key element of its business: hempseed oil, hemp protein powder and de-hulled seeds.

House of Hemp is now a member of the National Hemp Foundation (NHF) and has served as the convener of the NHF's Human Resource Development Group (in the first phase). House of Hemp is currently the coordinator of the NHF's Private Sector Working Group.

Licensed in 2010, House of Hemp became the first private company to be awarded an exclusive permit from the Departments of Agriculture and Health to legally cultivate and process hemp in South Africa. Because House of Hemp wanted to reliably expand into the budding industrial market, the company sought an exclusive permit from the Departments of Agriculture and Health to not only import hemp, but also to legally cultivate and process it in South Africa. In 2010, the House of Hemp became the first private company to be awarded such a permit.

As well as supplying hemp fibres and oils, the House of Hemp conducts research and supplies by-products like tow, biomass, dust and seedcake. These have enormous promise, as sustainable replacement materials for a variety of industries globally.

In 2015, House of Hemp partnered with the South African Department of Agriculture & Health. Other key Partnerships established in the same year include the University of the Free State, the Council of Scientific and Industrial Research (CSIR), the Agricultural Research Institute (ARC); the National Agriculture Marketing Council (NAMC); it is owing to these key partnerships that House of Hemp was able to begin conducting research into medical cannabis.

About LGC Capital

LGC Capital Ltd. is a Canadian incorporated public company listed on the TSX Venture Exchange (TSXV: QBA). LGC Capital's objective is to become a diversified business group with core business divisions that provide shareholders with exposure to a diverse range of businesses, products and services, many of which have some exposure to high growth Cuban business opportunities and some that have no exposure to Cuba at all. LGC Capital now plans to enter into the agricultural space in southern Africa through its new joint venture with AfriAg.

About AfriAg

AfriAg (Pty) Ltd is a global agriculture and agri-logistics specialist, and provides crop growing and logistics solutions, food marketing and bespoke distribution services, by road, air and sea, to many major food retailing and wholesale corporations around the world. AfriAg (Pty) Ltd is 40% owned by London listed AfriAg Global PLC.

cpap man
20/7/2017
23:20
If AfriAg or LGC want a AIM listing then PLMO could be the vehicle because it's a clean shell with £1m cash with Hamish as CEO .

Leni and Donald sold some of their DOR shares a few days before the placing was announced at PLMO .

DYOR

under the radar
19/7/2017
19:00
LGC Capital / AfriAg Partner, South Africa's House of Hemp, Launches New Website



MONTREAL and CAPE TOWN, South Africa, July 19, 2017 /CNW Telbec/ - LGC Capital Ltd. (TSXV: QBA) ("LGC" or the "Company") is pleased to announce that our South African JV Partner, House of Hemp, has launched a new and updated website. The website provides insight into the depth, experience and capabilities of House of Hemp and its Founder, Dr. Thandeka Ruth Kunene.

hxxp://houseofhemp.co.za/



According to the website, House of Hemp is South Africa's one-stop authority on all things hemp and cannabis. Based in Block D of the Dube Tradeport's Agrizone Complex featuring 40,000 m2 of secure, temperature-regulated and humidity-controlled greenhouse under glass, with refrigerated pack houses, laboratories and offices. This complex is the most eco-friendly and high-tech facility in Africa where House of Hemp is ramping up R&D for high-CBD medicinal cannabis.

Although medical cannabis is its newest and largest focus, House of Hemp started as an importer and reseller of hemp products, which remains a key element of its business: hempseed oil, hemp protein powder and de-hulled seeds.

Dr. Thandeka Ruth Kunene earned an engineering degree in South Africa before moving to London to get her MBA from Richmond University. She then returned to South Africa to become the first woman to earn a Ph.D. in Mathematics from the University of Cape Town.

For several years, Dr. Kunene worked for UNIDO and the Commonwealth Secretariat, served as a member of the Advisory Board at Global Hemp Group Inc. and was instrumental in creating two of the industry's most important industry groups: The National Hemp Foundation and The Global Natural Fibre Forum. She was equally driven to promote entrepreneurship among black women along with alleviating poverty and environmental damage through the use of natural fibers. Her main focus was hemp because of its incredible versatility.

In 1998, she combined these two visions, founding House of Hemp in Johannesburg. House of Hemp is now a member of the National Hemp Foundation (NHF) and has served as the convener of the NHF's Human Resource Development Group (in the first phase). House of Hemp is currently the coordinator of the NHF's Private Sector Working Group.

Licensed in 2010, House of Hemp became the first private company to be awarded an exclusive permit from the Departments of Agriculture and Health to legally cultivate and process hemp in South Africa. Because House of Hemp wanted to reliably expand into the budding industrial market, the company sought an exclusive permit from the Departments of Agriculture and Health to not only import hemp, but also to legally cultivate and process it in South Africa. In 2010, House of Hemp became the first private company to be awarded such a permit.

As well as supplying hemp fibres and oils, House of Hemp conducts research and supplies by-products like tow, biomass, dust and seedcake. These have enormous promise as sustainable replacement materials in all kinds of industries globally.

In 2015, in partnership with the South African Departments of Agriculture and Health, the University of the Free State and the Council of Scientific and Industrial Research (CSIR), House of Hemp began conducting research into medical cannabis. The focus is on CBD strains, which are cultivated and processed at Dube Agrizone in our 40,000 m2 of greenhouse space.

About LGC Capital

LGC Capital Ltd. is a Canadian incorporated public company listed on the TSX Venture Exchange (TSXV: QBA). LGC Capital's objective is to become a diversified business group with core business divisions that provide shareholders with exposure to a diverse range of businesses, products and services, many of which have some exposure to high growth Cuban business opportunities and some that have no exposure to Cuba at all. LGC Capital now plans to enter into the agricultural space in southern Africa through its new joint venture with AfriAg.

About AfriAg

AfriAg (Pty) Ltd is a global agriculture and agri-logistics specialist, and provides crop growing and logistics solutions, food marketing and bespoke distribution services, by road, air and sea, to many major food retailing and wholesale corporations around the world. AfriAg (Pty) Ltd is 40% owned by London listed AfriAg Global PLC.

cpap man
19/7/2017
15:20
TSXV:QBA



A new thread for QBA [see header below] our Canadian listed partner in crime [only joking!]



LGC Capital - First mover advantage in CUBA plus the GLOBAL medical cannabis sec [QBA]

cpap man
18/7/2017
15:05
And finally the AFRI share price [NEX:AFRI] joins in with QBA [TSXV:QBA] with an increasing stock price!
cpap man
15/7/2017
10:40
AFRIs partner in crime [!] is Canadian listed LGC Capital

CA:QBA

Share trading volume [nearly 1.6M shares traded yesterday] growing at QBA with the share price starting to edge forwards....

The QBA share price was over 3X the current share price only about 1 year ago!

cpap man
15/7/2017
10:35
AFRIs partner in crime [!] is Canadian listed LGC Capital

CA:QBA

Share trading volume [nearly 1.6M shares traded yesterday] growing at QBA with the share price starting to edge forwards....

The QBA share price was over 3X the current share price only about 1 year ago!

cpap man
28/6/2017
10:35
not showing on advfn . Doesn't seem to have stirred any interest.
okuta
12/5/2017
14:55
Well someone doesn't like the news,or knows something we don't? 7% down on 2mil trades.MMs having a laugh.
knightmoves
Chat Pages: 85  84  83  82  81  80  79  78  77  76  75  74  Older

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