0001279569-10-000832.txt : 20100714 0001279569-10-000832.hdr.sgml : 20100714 20100714164409 ACCESSION NUMBER: 0001279569-10-000832 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100714 FILED AS OF DATE: 20100714 DATE AS OF CHANGE: 20100714 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORTHCORE TECHNOLOGIES INC. CENTRAL INDEX KEY: 0001079171 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14835 FILM NUMBER: 10952523 BUSINESS ADDRESS: STREET 1: 302 THE EAST MALL, SUITE 300 STREET 2: SUITE 300 CITY: TORONTO STATE: A6 ZIP: M9B 6C7 BUSINESS PHONE: 416-640-0400 MAIL ADDRESS: STREET 1: 302 THE EAST MALL, SUITE 300 STREET 2: SUITE 300 CITY: TORONTO STATE: A6 ZIP: M9B 6C7 FORMER COMPANY: FORMER CONFORMED NAME: ADB SYSTEMS INTERNATIONAL LTD DATE OF NAME CHANGE: 20021109 FORMER COMPANY: FORMER CONFORMED NAME: ADB SYSTEMS INTERNATIONAL INC DATE OF NAME CHANGE: 20020424 FORMER COMPANY: FORMER CONFORMED NAME: BID COM INTERNATIONAL INC DATE OF NAME CHANGE: 19990210 6-K 1 northcore6k.htm FORM 6-K northcore6k.htm
 

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form 6-K
 
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
 
For the Month of July, 2010
 
NORTHCORE TECHNOLOGIES INC.
(Exact name of Registrant)
 
302 The East Mall, Suite 300, Toronto, Ontario Canada M9B 6C7
(Address of principal executive office)
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
 
Form 20-F x
Form 40-F ¨
 
    Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
 
    Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
 
    Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ¨
No x
 
    If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- __________




 
 
 
 

 
 
Exhibit
   Description
     
99.1
  
News Release dated July 14, 2010 - Northcore provides corporate update; schedules Q2 financial results
 

 
 
 
SIGNATURES
 
    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
  NORTHCORE TECHNOLOGIES INC.
   
   
   
Date: July 14, 2010
By:
/s/ Duncan Copeland
    Name: Duncan Copeland
   
Title: Chief Executive Officer

EX-99.1 2 ex991.htm NEWS RELEASE DATED JULY 14, 2010 ex991.htm 
Exhibit 99.1

News release via Canada NewsWire, Toronto 416-863-9350

     Attention Business Editors:
     Northcore provides corporate update; schedules Q2 financial results

     (TSX: NTI; OTCBB: NTLNF)

     TORONTO, July 14 /CNW/ - Northcore Technologies Inc. (TSX: NTI; OTCBB:
NTLNF), a global provider of asset management technology solutions, announced
today that it has completed the pre-requisites for making a draw down request
under the $Cdn 6.0 million equity credit line, recently announced under a
three year commitment provided by GEM Global Yield Fund Limited ("GEM"). The
priority use of funds is for opportunities in: online marketplace creation for
the resale of used fixed assets; enhancements to Northcore's patented online
Dutch auction; platform support for asset management within the emerging
Energy Internet; and for general working capital purposes needed to scale its
core technology product sales of Asset Buyer, Asset Tracker, Asset Appraiser
and Asset Seller.
     "We discussed at our recent Annual Meeting of Shareholders that Northcore
is in the final user acceptance stage with its lead client for the industry's
first holistic remarketing platform, and are looking forward to expanding
sales through GE Asset Manager to key customers. In addition, we have expanded
our sales distribution partnerships into the oil and gas sector and are
actively creating a mining sector marketplace. We are also putting increasing
focus on our Asset Buyer government sales initiative and we have begun to work
with a strategic partner in the Cleantech sector. We are optimistic about
delivering revenues from these initiatives with enabling funds from GEM, as
well as beginning to identify product sales opportunities within their
associated business network," said Duncan Copeland, CEO Northcore
Technologies.
     Northcore also announced today that it is scheduled to release its
financial results for the second quarter ended June 30, 2010 on Wednesday,
August 11, 2010, following the close of the markets. The Company will hold a
conference call at 10:00 a.m. (Eastern) on Thursday, August 12, 2010 to
discuss its financial results and review operational activities. Investors and
followers of Northcore are invited to listen to the call live over the
Internet on the Company's website at www.northcore.com/events.html.

     <<
     About Northcore Technologies Inc.
     ---------------------------------
     >>
     Northcore Technologies provides a Working Capital Engine(TM) that helps
organizations source, manage, appraise and sell their capital equipment.
Northcore offers its software solutions and support services to a growing
number of customers in a variety of sectors including financial services,
manufacturing, oil and gas and government.
     Northcore owns 50 percent of GE Asset Manager, LLC, a joint business
venture with GE. Together, the companies work with leading organizations
around the world to help them liberate more capital value from their assets.
     Additional information about Northcore can be obtained at
www.northcore.com.

     This news release may include comments that do not refer strictly to
historical results or actions and may be deemed to be forward-looking within
the meaning of the Safe Harbor provisions of the U.S. federal securities laws.
These include, among others, statements about expectations of future revenues,
cash flows, and cash requirements. Forward-looking statements are subject to
risks and uncertainties that may cause Northcore's results to differ
materially from expectations. These risks include the Company's ability to
raise additional funding, develop its business-to-business sales and
operations, develop appropriate strategic alliances and successful development
and implementation of technology, acceptance of the Company's products and
services, competitive factors, new products and technological changes, and
other such risks as the Company may identify and discuss from time to time,
including those risks disclosed in the Company's Form 20-F filed with the
Securities and Exchange Commission. Accordingly, there is no certainty that
the Company's plans will be achieved. Important factors that could cause
actual results to differ materially from the Company's expectations are
disclosed in the Company's documents filed from time to time with the Toronto
Stock Exchange, on SEDAR (the System for Electronic Document Analysis and
Retrieval at www.sedar.com) and the US Securities and Exchange Commission.
This news release shall not constitute an offer to sell or the solicitation of
an offer to buy securities of the Company in any jurisdiction.

     %SEDAR: 00019461E %CIK: 0001079171

     /For further information: Northcore Technologies Inc., Investor
Relations, Tel: (416) 640-0400 ext. 273, E-mail:
InvestorRelations(at)northcore.com/
     (NTI. NTLNF)

CO:  Northcore Technologies Inc.

CNW 15:41e 14-JUL-10