SPRIZA MEDIA INC (SPRZ)

With the continuing growth of the marijuana industry, more and more companies are still making a move to venture into it. Mining companies, in particular, have been delving into the opportunities in this industry, especially in acquiring or operating medical marijuana facilities.

SPRIZA MEDIA INC is one of the mineral exploration companies that have recently started to open up to the marijuana industry. Based in Vancouver BC, this company is primarily focused on the exploration and acquisition of mineral properties in Canada. Its foremost explorations are for gold and copper ores.

The company has interest in the Birch Property located in central British Columbia’s Cariboo Mining Division. The property is an area of about 1,700 hectares, which has been found to have potential for significant deposits of copper, gold, platinum, and palladium.

In June 2014, Iron Tank Resources announced that it has started evaluating an application for a medical marijuana facility and license. The company clarified that the evaluation and application do not guarantee that it will obtain a license. It has however secured an area in the BC Agricultural Land Reserve with an option to purchase.

Iron Tank Resources Corp was incorporated in 2007. It was formerly known as Mountain Gold Resources, Ltd, which was a wholly owned subsidiary of Great Bear Resources, Ltd. Iron Tank Resources changed to its current name in 2011, and began trading on the TSX Venture Exchange in 2012.

The company now trades on the TSX under the symbol TNK, with a market cap of USD 1.47 M. Its key executives are David Michael Antony, CEO, and Charidy Lazorko, CFO. Its board of directors also includes Darren Kaulius, who leads the company’s marijuana application evaluation.


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