18/06/15
"MGC’s has executed a heads of agreement (HOA) with Natura Laboratories Limited (Natura) to supply a minimum of 300kg of CBD resin extract per year for a minimum of four (4) years. Under the agreement MGC will supply CBD with a minimum
60% purity making the agreement worth over €40 million (AUD$60 million), and the business is now very confident it will begin generating significant revenue from Q2/Q3 2016."
(Note this release on 24/06/15 states "100% purity" "MGC has secured a €40,000,000 off take agreement with a large European distributor to supply CBD extract at attractive current commercial rates - €55,000 per litre
(100% purity) into EU markets")
This one is for Peter King - 24/06/15 page 11 regarding the 'MGC Roadshow Presentation' note the photo on the right. Coincidence?
28/09/15
"The full MGC line will be over 50 CBD based cosmetic products – to be rolled out during H1 2016"
23/02/16
"In addition, we have a further 40 plus products in our development pipeline, which will be manufactured and distributed during 2016."
09/05/16
"The Company has been in discussions with a
number of interested parties regarding the funding of future exploration programs on the Senegal gold projects, and potential asset level
opportunities that could lead to a transaction on these projects, as they are no longer the core focus of the Company. At this point in time discussions are continuing, endeavoring to get the best result for MXC shareholders, and the Company will advise the market immediately any material funding or corporate transaction is concluded."
30/05/16
"The Company is currently in negotiations on distribution agreements (Referencing the Canadian approval of CBD products)"
All the above mentioned are facts set out by the company and their timelines. This is the not so distant future for MXC.
Additionally there is the TGA approval/Australian distribution partner.
Updates regarding Sipnose, Stage 2 clinical trials, grow operation updates etc etc etc.
(20min delay)