Canuc Announces MoU for IoT Equipment Distribution with M3SH Technologies
Toronto, Ontario--(Newsfile Corp. - June 16, 2020) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to announce that it has signed a Memorandum of Understanding (the "MoU") with M3SH Technologies ("M3SH") Inc.
The MoU enables M3SH manufactured devices to adopt IIoT technology enabling Canuc to distribute and sell purpose built technological solutions in accordance with the Company's agreement with Ioticiti Networks Inc. Under the MoU, M3SH shall contribute technology solutions enabling Canuc to facilitate applications with mining and extractive industry clients. Canuc and M3SH are working towards a definitive agreement.
About M3SH Technologies Inc.
M3SH Technologies Inc. is a privately held Canadian company based in Fredericton, New Brunswick with origins in South Africa. The affiliated, Ningi Manufacturing Pty (Ltd), is a leading South African technological solution provider to the mining, energy and industrial sectors.
M3SH technologies Inc. mining industry applications include:
- Wearable worker safety, proximity detection and location monitoring devices.
- Environmental monitoring.
- Gas, noise, dust and fire detection devices and ambient temperature monitors.
- Machine and equipment safety as well as automation control solutions.
- Sensor rich devices for real time data, environmental condition and safety communication.
M3SH is an original equipment manufacturer developing new and innovative technology solutions which embrace the latest in digitization technology. M3SH draws from an established history in the South African mining and extractive industries and has more than 25 years of experience in manufacturing technology solutions for mining, energy and industry in southern Africa.
A robust portfolio of more than 40 proprietary, successfully produced and deployed technological solutions for the mining industry includes, amongst other products: the PDS level 9 intervention and access controller, the M3SH D52 Dust Monitor, the P50 Environmental Monitor and the S50 Smoke and Fire Detector.
"This MoU signals our intent to provide technological IoT solutions to the North American mining markets, and to facilitate the adoption and sales of IIoT products. Partnering with M3SH will help us to expand our IIoT offering in North America," stated Christopher Berlet, CEO of Canuc.
"M3SH strives to assist clients in gaining new levels of performance, while improving health, safety and wellness - making work easier, safer and more connected using the latest digital solutions. For M3SH this MoU marks a significant development in our ability to deploy our IIoT solutions while working with Canuc and using the Ioticiti Networks Inc. platform," stated Andre Jansen Van Rensburg, CEO of M3SH.
Canuc is a junior resource company holding the San Javier Silver-Gold Project in Sonora State, Mexico. The Company generates cash flow from natural gas production at its MidTex Energy Project in Central West Texas, USA where Canuc has an interest in eight producing gas wells and has rights for further in field developments. Canuc also has exclusive rights, through a Partnership Agreement with Ioticiti Networks Inc., to sell Industrial IoT applications and infrastructure in the Provinces of Alberta and Saskatchewan, Canada and in the State of Texas, USA.
For further information please contact:
Canuc Resources Corporation.
(416) 525 - 6869
Forward Looking Information
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