CeCors, Inc. (CEOS: OTC Pink Current) | CEOS PROVIDES CORPORATE UPDATE REGARDING NEW INVESTMENT IN EXCITING NEW GENERATION OF MEDICAL TECHNOLOGY

CEOS PROVIDES CORPORATE UPDATE REGARDING NEW INVESTMENT IN EXCITING NEW GENERATION OF MEDICAL TECHNOLOGY
Jan 24, 2017
OTC Disclosure & News Service
Hollywood, FL

This release includes additional documents. Select the link(s) below to view.
PressRelease24Jan2017.pdf
Copyright © 2017 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Gold Reserve, Inc. (GDRZF: Grey Market) | Gold Reserve Announces Resignation of Board Member to Take Position with Trump Administration

Gold Reserve Announces Resignation of Board Member to Take Position with Trump Administration
Jan 24, 2017
OTC Disclosure & News Service

Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (“Gold Reserve” or the
“Company”) today announced that Kenneth I. Juster has resigned,
effective immediately, from the Board of Directors of the Company to
take a position with the Donald J. Trump Administration as Deputy
Assistant to the President for International Economic Affairs. Mr.
Juster’s resignation from the Board is required as a result of his new
position.

On behalf of the Board of Directors, management and shareholders, we
want to thank Mr. Juster for his excellent counsel and contributions to
the Company during a very important period in the Company’s history. We
wish him great success in his new position at the White House.

Further information regarding the Company can be located at www.goldreserveinc.com,www.sec.gov,
and www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170124006620/en/
Copyright © 2017 Businesswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Granite Oil Corp (GXOCF: OTCQX International) | Granite Oil Corp. Announces 2017 Budget With Continued Development of its Core Bakken Pool and an Exploration Program

CALGARY, ALBERTA–(Marketwired – Jan 24, 2017) – GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO)(OTCQX:GXOCF) Granite is pleased to announce its budget and guidance for 2017.
Granite is pleased with its accomplishments throughout 2016. Notwithstanding record low oil prices, it was a transformational year that saw major advancements in the Company’s Gas Injection Enhanced Oil Recovery (“EOR”) Scheme over its Bakken pool and significant, permanent efficiency gains in its capital spending making the Company stronger going into 2017 and beyond.
In December 2015 Granite received approval from the Alberta Energy Regulator to expand the Company’s highly effective EOR Scheme across 24 contiguous sections of its 100%-owned Alberta Bakken oil pool. Granite focused relentlessly on the effective transition of the pool to full-scale EOR. Throughout 2016, Granite converted three additional producing wells to gas injectors and took advantage of seasonally low gas prices to increase its gas injection by over 60%. By prioritizing this transition, Granite returned significant portions of the heart of the pool to original pressure conditions ahead of schedule.

The Company also continued to optimize its development drilling program with modifications to well and completion design, and focused primarily on drilling EOR-specific wells. With more data, results from the 15 EOR-specific wells drilled and completed throughout 2015 and 2016 continue to out-perform. These results include increased oil recovery per meter of lateral section by a Company-estimated 2.4 times along with improved decline profiles. Granite continues to rapidly learn and optimize, with the wells drilled in the second half of 2016 performing significantly better than those drilled in the first half of 2016. As well, adjusting for lost production through the conversion of producing wells to gas injectors, the Company’s historical base production has also shown reduced declines from its gas injection support, meeting a major objective of 2016 in getting its decline below 20%. Please refer to the new corporate presentation at www.graniteoil.ca.
Granite also reduced all-in well costs by over 55% from $2.67 million in 2015 to $1.2 million by the end of 2016. These gains were primarily achieved through operational optimization and well design resulting in similar cost savings realized on the first two wells of 2017 despite recent increases in service costs. When combined with the significant improvement in recovery, these wells are the most capital efficient including recycle ratios at current oil prices, in the Company’s history.
2017 Budget
Granite’s budget for 2017 will continue a trend of decreasing capital as the Company and its Bakken asset become more efficient. In 2017, Granite will be sustainable, funded by internally generated funds from operations, grow production year over year, and maintain the divided of $0.42/share per year. The budget will continue to focus on maximizing long-term shareholder value by advancing its free cash flow-generating Bakken oil pool and exploring its high-impact Bakken land position.
Firstly, Granite will continue to improve the Company’s annual production decline rate, reducing future maintenance and growth capital requirements, and prioritize the most efficient recovery of the Company’s large oil in place. Secondly, the Company will execute a high-impact exploration program on strategic lands acquired in 2016 within its 100%-owned, 80 section Bakken oil fairway. The exploration program will include three wells targeting high-priority Bakken targets that have been high-graded over several years of geosciences work.
Based on an average WTI oil price of $55 US, Granite’s capital program and dividend obligations will be fully funded by internally generated funds from operations. Details of Granite’s 2017 budget include:
Annual average production volumes of approximately 3,050 bbl/d oil, representing an eight percent year over year growth;

Annual dividend payments totaling $14.5 million at the current dividend rate of $0.035/share per month (current yield of seven percent);

Capital expenditures of approximately $16.5 million, consisting of:
$13.5 million of development capital put towards the drilling and completion of 10, 100% working interest, EOR-specific Bakken horizontal wells, and continued EOR expansion through the conversion of three additional producing wells to gas injection wells; and

$3.0 million of exploration capital put towards the drilling of high-priority exploration targets;

Top-tier forecasted operating and G&A costs of $6.25 and $2.25 per barrel of oil, respectively; and

Maintain its strong and flexible financial position with a net debt of approximately $31 million on a $60 million bank line, with a top-tier debt to funds from operations ratio of 1.0 times.
2017 Budget

(Based on US $55 WTI)
Oil Production
bbls/d
3,050
Total Capex
$MM
16.5
Dividend ($0.035/month)
$MM
14.5
Funds From Operations
$MM
30.0
Exit Net Debt
$MM
31
All-in Payout Ratio
%
100
Development Wells
#
10
Capex per Well
$MM
1.2
Royalty
%
29
Operating and Transportation
$/bbl
7.50
G&A
$/bbl
2.25
Interest
$MM
1.0
Differential to WTI
US$/bbl
14.00
USD/CAD FX Rate
$
0.74
Positive Quality Adjustment
US$/bbl
2.09
Risk Management
For the first half of 2017, the Company has an average of 1,000 bbls/d of oil hedged at an average of US $48.05/bbl WTI.

For the second half of 2017, Granite has an average of 750 bbls/d of oil hedged at an average of US $52.23/bbl WTI.
Fourth Quarter 2016
Granite drilled three horizontal production wells during the fourth quarter of 2016 and averaged approximately 3,000 boe/d including approximately 2,950 bbls/d of oil, representing an 8% quarter over quarter growth. The Company averaged approximately 3,050 bbls/d of oil in the final two months of 2016 with several wells flowing at restricted rates, as it continues to focus on building and strengthening the base production. Capital expenditures were approximately $5.0 million, including $3.8 million for drilling and completions operations.
Outlook
Granite enters 2017 in a strong position, both operationally and financially. With lower decline rates, a deep inventory of increasingly efficient drilling, 100% ownership and a strong balance sheet, Granite will continue its focus on improving the value of its unique asset.

Granite will also continue to closely monitor oil prices and other critical factors. With its solid financial position and operational flexibility, the Company is well-positioned to continue creating long-term shareholder value through a range of commodity pricing.

Reader Advisory
Forward-Looking Statements. Certain statements contained in this news release may constitute forward-looking statements. These statements relate to future events or Granite’s future performance. All statements other than statements of historical fact may be forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe” and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Granite believes that the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon by investors. These statements speak only as of the date of this news release and are expressly qualified, in their entirety, by this cautionary statement.
In addition, and without limiting the generality of the foregoing, this news release contains forward-looking statements pertaining to the following: Granite’s plans for 2017, Granite’s future production levels, funds from operations, all-in payout ratio, net debt, projections of market prices and costs, supply and demand for oil and natural gas, the quantity of reserves, the effectiveness of the EOR Project, capital expenditure programs, treatment under governmental regulatory and taxation regimes, expectations regarding Granite’s credit facility and its ability to raise capital and to continually add to reserves through acquisitions and development, and projections of market prices and costs.

With respect to forward-looking statements contained in this news release related to Granite’s business and operations, Granite has made assumptions regarding, among other things: prevailing commodity prices, exchange rates, estimates of cost, including drilling and operating costs, the sufficiency of budgeted capital expenditures in carrying out planned activities; the state of the economy and the exploration and production business; the legislative and regulatory environments of the jurisdictions where Granite carries on business or has operations, the impact of increasing competition, and Granite’s ability to obtain additional financing on satisfactory terms.

Granite’s actual results could differ materially from those anticipated in these forward-looking statements as a result of risk factors that may include, but are not limited to: volatility in the market prices for oil and natural gas; uncertainties associated with estimating reserves; uncertainties associated with Granite’s ability to obtain additional financing on satisfactory terms; geological, technical, drilling and processing problems; liabilities and risks, including environmental liabilities and risks, inherent in oil and natural gas operations; incorrect assessments of the value of acquisitions; competition for, among other things, capital, acquisitions of reserves, undeveloped lands and skilled personnel.
This forward-looking information represents Granite’s views as of the date of this document and such information should not be relied upon as representing its views as of any date subsequent to the date of this document. Granite has attempted to identify important factors that could cause actual results, performance or achievements to vary from those current expectations or estimates expressed or implied by the forward-looking information. However, there may be other factors that cause results, performance or achievements not to be as expected or estimated and that could cause actual results, performance or achievements to differ materially from current expectations. There can be no assurance that forward-looking information will prove to be accurate, as results and future events could differ materially from those expected or estimated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Except as required by law, the Company undertakes no obligation to publicly update or revise any forward-looking statements.
This news release contains future-oriented financial information and financial outlook information (collectively, “FOFI”) about Granite’s prospective results of operations, funds from operations, netbacks, net debt, operating costs and components thereof, all of which are subject to the same assumptions, risk factors, limitations and qualifications as set forth in the above paragraphs. FOFI contained in this news release was made as of the date of this news release and was provided for the purpose of providing further information about Granite’s anticipated future business operations. Granite disclaims any intention or obligation to update or revise any FOFI contained in this news release, whether as a result of new information, future events or otherwise, unless required pursuant to applicable law. Readers are cautioned that the FOFI contained in this news release should not be used for purposes other than for which it is disclosed herein.
Non-GAAP Measurements. This news release includes non-GAAP measures as further described herein. These non-GAAP measures do not have a standardized meaning prescribed by International Financial Reporting Standards (“IFRS or, alternatively, “GAAP”) and therefore may not be comparable with the calculation of similar measures by other companies.
This news release contains the term “funds from operations”, which should not be considered an alternative to or more meaningful than cash flow from (used in) operating activities as determined in accordance with IFRS. This term does not have any standardized meaning under IFRS. Granite’s determination of funds from operations may not be comparable to that reported by other companies. Management uses funds from operations to analyze operating performance and leverage, and considers funds from operations to be a key measure as it demonstrates the Company’s ability to generate cash necessary to fund future capital investments and to repay debt, if applicable. Funds from operations is calculated using cash flow from operating activities as presented in the statement of cash flows, before changes in non-cash working capital. This news release also contains the term “net debt”, which represent current assets less current liabilities, excluding current derivative financial instruments. This term does not have any standardized meaning under IFRS. Management uses net debt to assess efficiency, liquidity and the Company’s general financial strength. No IFRS measure is reasonably comparable to net debt.
BOE Presentation. References herein to “boe” mean barrels of oil equivalent derived by converting gas to oil in the ratio of six thousand cubic feet (Mcf) of gas to one barrel (bbl) of oil. Boe may be misleading, particularly if used in isolation. A boe conversion ratio of 6 Mcf: 1 bbl is based on an energy conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.

Silex Systems Ltd. (SILXY: OTCQX International) | Becoming a Substantial Holder

Becoming a Substantial Holder
Jan 24, 2017
OTC Disclosure & News Service
Sydney, NSW, Australia

This release includes additional documents. Select the link(s) below to view.
24. SLX Initial Notice of Substantial Holding 240117.pdf
Copyright © 2017 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Silex Systems Ltd. (SILXY: OTCQX International) | Becoming a Substantial Holder

Becoming a Substantial Holder
Jan 24, 2017
OTC Disclosure & News Service
Sydney, NSW, Australia

This release includes additional documents. Select the link(s) below to view.
24. SLX Initial Notice of Substantial Holding 240117.pdf
Copyright © 2017 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Amfil Technologies Inc. (AMFE: OTC Pink Current) | AMFIL TECHNOLOGIES INC. REVENUES INCREASED to $1,542,389 FOR Q2 2017 POSTING A 4500% GROWTH RATE OVER Q2 2016

Jan 24, 2017
OTC Disclosure & News Service
Toronto, ONT, Canada

Amfil Technologies Inc. (OTC PINK: AMFE) is pleased to report that revenues for Q2 2017 increased to $1,542,389 with gross profit of $956,918 compared to $33,474 and $3,384 respectively for the same period Q2 2016. This 4500%+ increase in revenue year over year is a reflection of the Snakes & Lagers Inc. acquisition that closed in September 2016. Inventory has increased to $3,369,581 which primarily consists of nearly 500 pallets of board game inventory held in leased storage warehouse facilities close to the Snakes & Lattes locations.  

The company is currently looking into another site in Uptown Toronto which is approximately 10,000 sq. ft. and will host up to 250 customers.      

On January 13th 2017 the amendment to our articles was filed with the Secretary of State to create a preferred class of securities. Once this process is completed, there will be a reduction of over 40% of the outstanding share count. We expect the process to be completed shortly and will provide an update once finalized. The public float of the company with the DTC remains unchanged to date at 192,860,481. 

Thus
far into 2017, the company has been successful in executing its growth
based strategy for all subsidiaries, with multiple projects in the works
to increase revenues and shareholder value. We intend to provide updates on further developments in the coming weeks. 

Safe Harbor Statement   

This
news release contains statements that involve expectations, plans, or
intentions (such as those relating to future business or financial
results, new features or services, or management strategies) and other
factors discussed from time to time in the Company’s OTC Market or
Securities and Exchange Commission filings. These statements are
forward-looking and are subject to risks and uncertainties, so actual
results may vary materially. You can identify these forward-looking
statements by words such as “may,” “should,” “expect,” “anticipate,”
“believe,” “estimate,” “intend,” “plan,” and other similar expressions.
Our actual results, such as the Company’s ability to finance, market the
technology, complete and consolidate acquisition of IP, assets and
operating companies, could differ materially from those anticipated in
these forward-looking statements as a result of certain factors not
within the control of the company such as a result of various factors,
including future economic, competitive, regulatory, and market
conditions. The company cautions readers not to place undue reliance on
any such forward-looking statements, which speak only as of the date
made. The company disclaims any obligation subsequently to revise any
forward-looking statements to reflect events or circumstances after the
date of such statements or to reflect the occurrence of anticipated or
unanticipated events.   

CONTACT:  

Roger Mortimer  

Amfil Technologies Inc.  

Telephone: (647) 880-5887  

Copyright © 2017 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Avita Medical Ltd. (AVMXY: OTCQX International) | Avita Medical to Participate in the 3rd annual Biotech and Money / Medtech and Money London 2017 Conference

Avita Medical to Participate in the 3rd annual Biotech and Money / Medtech and Money London 2017 Conference
Jan 24, 2017
OTC Disclosure & News Service
Northridge, CA, Perth, Australia and London, United Kingdom

 Avita Medical Ltd
(ASX: AVH), (OTCQX: AVMXY), a regenerative medicine company specializing in new
treatments for wounds and skin defects, said today that Adam Kelliher, Avita’s
Chief Executive Officer, will be a panel member at the Biotech and Money /
Medtech and Money conference taking place in London, UK on 7-8 February, 2017.

The 3rd annual Biotech and Money / Medtech and Money London
is a two-day conference and partnering event providing the education,
strategies, solutions and contacts that life science companies need to enable
more effective funding, investment, business planning and partnering within
their businesses.  The conference is a
senior level educational, best practices and networking event that  includes keynote panels with leading life
science funds, discussion groups and the opportunity to participate in 1×1
mettings.

Panel details:
Title:                     Anatomy of a Medtech private financial raise
Date:                     Wednesday, 8 February, 2017
Time:                    11:20 GMT
Location:             etc. venues, 155 Bishopsgate,
London, EC2M 4AN, United Kingdom
“With over 400 attendees including over 150 investors, we
are able to connect with industry leaders and top life science investors to
disccuss Avita’s commercial, regulatory, scientific and clinical research
developments across the range of indications for which the Company’s portfolio
of products (ReCell®, ReGenerCellâ„¢ and ReNovaCellâ„¢) are in use around the world,â€
stated Mr. Kelliher.
 
ABOUT AVITA MEDICAL LIMITED
Avita Medical develops and
distributes regenerative products for the treatment of a broad range of wounds,
scars and skin defects. Avita’s patented and proprietary collection and
application technology provides innovative treatment solutions derived from a
patient’s own skin. The Company’s lead product, ReCell®, is used in the
treatment of a wide variety of burns, plastic, reconstructive and cosmetic
procedures. ReCell® is patented, CE-marked for Europe, TGA-registered in
Australia, and CFDA-cleared in China. In the United States, ReCell® is an
investigational device limited by federal law to investigational use, and a
pivotal U.S. approval trial is underway. To learn more, visit www.avitamedical.com.
FOR FURTHER INFORMATION

This release includes additional documents. Select the link(s) below to view.
Avita Medical to Present at Biotech and Money Medtech and Money Conference.pdf
Copyright © 2017 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Special traffic arrangements for Lunar New Year Fairs

     Police will implement special traffic arrangements in various districts to facilitate members of the public visiting Lunar New Year Fairs.
Victoria Park
————-
  
A. Pedestrianisation
  
     The following roads will be pedestrianised daily from 4pm to 11.59pm until January 26, and from 4pm on January 27 to 8am the following day:
  
– Lockhart Road east of Cannon Street;
– East Point Road; and
– Great George Street west of Paterson Street.
  
B. Road closure
  
     Subject to prevailing crowd and traffic situation, the following roads will be closed anytime when necessary daily from 4pm until January 26, until the crowd is dispersed. All private car parks and vehicular accesses within the closed roads will be suspended until further notice:
  
– Sugar Street;
– Northbound Gloucester Road between Causeway Road and Great George Street;
– Hing Fat Street between Causeway Road and Lau Li Street, except for franchised buses and green mini-buses (GMBs);
– Great George Street;
– Paterson Street;
– Cleveland Street;
– Northbound Gloucester Road between Great George Street and Tai Hang Road flyover;
– Northbound Tai Hang Road flyover (if necessary);
– Kingston Street;
– Lockhart Road east of Percival Street;
– Jaffe Road east of Percival Street;
– Cannon Street; and
– Southbound Gloucester Road between Causeway Road and Victoria Park Road flyover.
  
     The following roads will be closed on January 27 by stages. All private car parks and vehicular accesses within the closed roads will be suspended until further notice:
  
Stage 1 (from 4pm or when necessary)
– Sugar Street; and
– Northbound Gloucester Road between Causeway Road and Great George Street.
  
Stage 2A (from 5pm or when necessary)
– Cleveland Street;
– Kingston Street;
– Paterson Street;
– Great George Street between Paterson Street and Gloucester Road;
– Jardine’s Bazaar; and
– Electric Road between Yacht Street and Park Towers, except for access to Park Towers and franchised buses.
Stage 2B (from 7pm or when necessary, except for franchised buses, GMBs and trams)
– Eastbound Hennessy Road between Percival Street and East Point Road;
– Yee Wo Street;
– The slow lane of Pennington Street between Irving Street and Yee Wo Street;
– Eastbound Causeway Road between King’s Road and Moreton Terrace;
– Westbound Hennessy Road between Jardine’s Bazaar and Percival Street; and
– Irving Street.
  
Stage 3 (from 8pm or when necessary)
– Lockhart Road east of Percival Street;
– Jaffe Road east of Percival Street;
– Cannon Street; and
– Shelter Street.
  
Stage 4 (from 9pm or when necessary)
  
– The slow lane of westbound Causeway Road between Tung Lo Wan Road (eastern section) and Tung Lo Wan Road (western section);
– Southbound Gloucester Road between Causeway Road and the down ramp of Victoria Park Road flyover;
– Tai Hang Road flyover;
– Northbound Victoria Park Road flyover; and
– Hing Fat Street between Causeway Road and Lau Li Street, except for franchised buses and GMBs.
  
C. Traffic diversions
  
     Lau Li Street between Electric Road and Hing Fat Street will be re-routed one-way westbound with no access for public light buses from 5pm or when necessary on January 27.
  
     The following traffic diversions will be implemented from 9pm on January 27 or when necessary:
  
– Vehicles heading for southbound Tai Hang Road flyover will be diverted to eastbound Victoria Park Road, Wing Hing Street and King’s Road; and
– Vehicles heading for northbound Tai Hang Road flyover will be diverted to Tung Lo Wan Road, Moreton Terrace and Leighton Road for Central and Western Districts direction.
  
D. Suspension of parking spaces
  
     All parking spaces (except disabled parking spaces) in Hing Fat Street Car Park will be suspended until 10am on January 28.
     All on-street public parking spaces at the following locations will be suspended from 2pm on January 27 to 8am the following day:
  
– The closed roads as mentioned above;
– Tung Lo Wan Road;
– Lockhart Road between Canal Road East and Cannon Street;
– Jaffe Road between Canal Road East and Cannon Street; and
– Tsing Fung Street.
  
E. Prohibition to learner drivers
  
     Learner drivers will be banned from using the following roads from 4pm on January 27 to 8am the following day:
  
– Leighton Road;
– Tin Lok Lane;
– Caroline Hill Road;
– Eastern Hospital Road;
– Tai Hang Road north of Lai Tak Tsuen Road;
– Tung Lo Wan Road;
– Electric Road south of Gordon Road;
– Morrison Hill Road north of Queen’s Road East;
– Hennessy Road;
– Yee Wo Street;
– Causeway Road;
– King’s Road;
– Gloucester Road service road;
– Hing Fat Street;
– Westbound Tin Hau Temple Road west of Cloud View Road; and
– Eastbound Wan Chai Road.
  
Mong Kok Flower Market Road area
——————————–
  
A. Road closure and traffic diversions
  
     The following roads will be closed until 8am on January 28:
  
– Flower Market Road;
– Yuen Ngai Street;
– Yuen Po Street; and
– Prince Edward Road West service road.
  
     Goods vehicles may access the above roads daily from 12.01am to 5pm for unloading activities.
  
     During the above road closure period, traffic along westbound Prince Edward Road West cannot turn right to northbound Sai Yee Street. Affected vehicles will be diverted via northbound Tung Choi Street, Playing Field Road / Boundary Street, Fa Yuen Street, and Prince Edward Road West service road.
     Subject to the prevailing traffic situation, the following roads will be closed anytime when necessary until 8am on January 28:
  
– Flower Market Road;
– Yuen Ngai Street;
– Yuen Po Street;
– Prince Edward Road West service road;
– Sai Yee Street between Prince Edward Road West and Boundary Street;
– Fa Yuen Street between Prince Edward Road West and Boundary Street;
– Playing Field Road between Tung Choi Street and Sai Yee Street; and
– Prince Edward Road West service road between Nathan Road and Sai Yee Street.
     Traffic along westbound Prince Edward Road West cannot turn right to northbound Sai Yee Street during the period.
     To facilitate pedestrians, off side of Prince Edward Road West 50 metres in front of flyover will be closed from 10pm on January 27 to 3am the following day.
B. Suspension of parking spaces
  
     The parking spaces at the following locations will be suspended until 8am on January 28:
  
– The metered parking spaces on Fa Yuen Street between Prince Edward Road West service road and Boundary Street; and
– The disabled parking spaces on Fa Yuen Street near Boundary Street.
     The parking spaces at the following locations will be suspended until 8am on January 28:
– The meter parking spaces on Tung Choi Street between Prince Edward Road West service road and Boundary Street; and
– The motorcycle parking spaces on Tung Choi Street near Playing Field Road.
     The parking spaces at the following locations will be suspended from 8am on January 27 to 8am the following day:
– The motorcycle parking spaces on Playing Field Road between Fa Yuen Street and Tung Choi Street;
– The motorcycles parking spaces under Prince Edward Road West flyover between Tung Choi Street and Sai Yee Street; and
– The disabled parking spaces on Playing Field Road near Tung Choi Street.
  
     The metered parking spaces on Playing Field Road between Sai Yee Street and Tung Choi Street will be suspended from 3pm on January 27 to 8am the following day.
  
Fa Hui Park
———–
  
A. Road closure and traffic diversions
     The following traffic arrangements will be implemented from 6pm on January 26 to 4am the following day, and from 2pm on January 27 to 7am the following day:
  
– Traffic along westbound Lincoln Road cannot turn left to Cumberland Road, except for taxis;
– Traffic along Essex Crescent cannot turn left to southbound Cumberland Road, except for residents;
– Traffic along Embankment Road cannot turn right to Duke Street, except for residents;
– The cul-de-sac section of Dianthus Road east of Tat Chee Avenue will be closed;
– The inner lane of southbound Tai Hang Tung Road will be closed;
– The inner lane of eastbound Boundary Street between Tai Hang Tung Road and the bus stop outside Fa Hui Park will be closed;
– The third lane of northbound Tai Hang Tung Road will be closed. Vehicles cannot turn right to Tat Chee Avenue; and
– The first lane of eastbound Cheung Sha Wan Road flyover leading to Boundary Street will be closed.
     The fifth lane of westbound Prince Edward Road West between Yuen Po Street and the flyover will be closed from 10pm on January 27 to 3am the following day.
  
B. Suspension of parking spaces
  
     Parking spaces at the following locations will be suspended from 3pm on January 26 to 8am on January 28:
  
– Two metered parking spaces on Tong Yam Street;
– All metered parking spaces and motorcycle parking spaces on Duke Street;
– Motorcycle parking spaces on Knight Street near the junction with Duke Street;
– Two metered parking spaces on Belfran Road; and
– All metered parking spaces on Lincoln Road.
  
C. Temporary loading and unloading point
  
     A loading and unloading point will be set up at Tong Yam Street near the junction with Tai Hang Tung Road from 3pm on January 26 to 8am on January 28.
Wong Tai Sin
————
  
     The following traffic arrangements will be implemented from 5pm on January 27 to 6am the following day:
  
A. Road closure
  
     Subject to traffic condition, Ching Tak Street between Lung Cheung Road and Tung Tau Tsuen Road may be closed.
  
B. Traffic diversions
  
     Public light buses and taxis at Ching Tak Street terminus cannot turn right to eastbound Ching Tak Street.
  
     Subject to traffic condition, vehicles may not be allowed to turn left from westbound Lung Cheung Road to Ching Tak Street and Fung Mo Street.
  
C. Temporary “No-Stopping” Area
  
     Illegal parking and stopping will be strictly prohibited on Ching Tak Street, Tung Tau Tsuen Road, Shatin Pass Road, Fung Mo Street, Fu Mei Street, Wang Tau Hom East Road, Wang Tau Hom South Road and Wang Tau Hom Central Road. Disabled persons will be allowed to board or alight from vehicles should the situation permits.
Kwun Tong 
———
A. Road closure
    The following roads will be closed daily from 3pm to 4am the following day on January 26 and January 27:
– Fuk Ning Road; and
– Fuk Tong Road.
     Kai Lim Road will be closed from 8pm on January 25 to 4am the following day, and daily from 3pm to 4am the following day on January 26 and January 27.
B. Suspension of parking spaces
     Metered parking spaces, motorcycle parking spaces and disabled parking spaces on Kai Lim Road will be suspended until 4am on January 28.
     Members of the public are advised to make use of public transport to go to the Fair.
Tseung Kwan O
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     The goods vehicles parking spaces on Wan Lung Road will be suspended until 7am on January 28.
Tuen Mun
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     The following special traffic arrangements will be implemented from 8pm on January 26 to 4am the following day, and from 6pm on January 27 to 8am the following day:
A. Road closure
– Tin Hau Road between Pui To Road and Yip Wong Road;
– Hung Cheung Road from its junction with Tin Hau Road to its junction with San Ping Circuit;
– Southbound Hung Cheung Road between its northern and southern junctions with San Ping Circuit;
– San On Street from its southern junction with Hung Cheung Road to a point about 50 metres north of the same junction;
– Hing Wong Street from its southern junction with Hung Cheung Road to a point about 50 metres north of the same junction; and
– The cycle track along the western and eastern riverside of Tuen Mun River Channel between Pui To Road and Yau Oi Bridge.
B. Traffic diversions
– Traffic along Yip Wong Road cannot turn to northbound Tin Hau Road;
– Traffic along southbound Tin Hau Road cannot turn to Hung Cheung Road; and
– Hung Cheung Road between its northern and southern junction with San Ping Circuit will be converted to one-way northbound.
C. Suspension of parking spaces
     The overnight on-street parking spaces on Tin Hau Road, San On Street, San Nik Street, San Ping Circuit and Hung Cheung Road will be suspended.
D. Passenger pick up and drop off point
     Tin Hau Road near its junction with San Hop Lane will be designated as passenger pick up and drop off point.
Yuen Long
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A. Road closure
  
     Keung Yip Street will be closed until 2pm on January 28.
  
     The following roads will be closed from 4pm on January 27 to 7am the following day:
  
– Hong Yip Street between Po Yip Street and Wang Yip Street East;
– Hi Yip Street;
– Wang Yip Street East;
– Wang Yip Street South;
– Eastern kerbside lane of Wang Yip Street West between Wang Yip Street South and Leung Yip Street;
–  Hong Yip Street between Wang Yip Street West and Wang Yip Street East, except for franchised buses; and
– The slip road of Kwong Yip Street near Long Yip Street, except for franchised buses.
  
B. Traffic diversions
  
     Hong Yip Street between Po Yip Street and Yuen Long Kau Hui Road will be re-routed to one-way eastbound from 8pm on January 27 to 7am the following day.
  
C. Suspension of parking spaces
  
– Part of the parking spaces on Wang Lee Street near the Yuen Long Industrial Estate Bus Terminus will be suspended until 7am on January 28;
– Parking spaces on Hong Yip Street, Wang Yip Street East between Wang Yip Street South and Hi Yip Street, and Wang Yip Street South will be suspended from 4pm on January 27 to 7am the following day; and
– Parking spaces on Fu Yip Street, Tak Yip Street, Wang Lok Street, Po Yip Street, Wang Yip Street East between Hong Yip Street and Keung Yip Street, and Wang Yip Street West will be suspended daily from 8pm to 8am the following day until January 27.
Tsuen Wan
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     The following traffic arrangements will be implemented daily from 6pm to 5am the following day on January 26 and January 27:
A. Road closure
– Kai Hong Close;
– Kai Chi Close;
– Hoi Pa Street between Tai Ho Road and Lo Tak Court; and
– The first lane of eastbound Sha Tsui Road between Yuen Tun Circuit and Tai Ho Road.
B. Suspension of parking spaces
     Motorcycle parking spaces on Kai Hong Close will be suspended.
Kwai Chung
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     The metered parking spaces and disabled parking spaces on Ko Fong Street will be suspended from 2pm on January 27 to 8am the following day.
Tai Po
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     The cycle track on Ting Kok Road between Ting Tai Road and On Chee Road will be closed from 6pm on January 27 to 6am the following day.
Sheung Shui
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     San Lok Street, San Tsoi Street, and Fu Hing Street between San Hong Street and San Tsoi Street will be closed from 6pm on January 27 to 4am the following day.
     Any vehicle found illegally parked within the precincts of special traffic arrangements may be towed away without prior warning or subjected to multiple ticketing.
     Actual implementation of the traffic arrangements will be made depending on traffic and crowd conditions in the areas. Motorists are advised to drive with care and patience and follow the instructions of the Police on site.
Ends/Wednesday, January 25, 2017Issued at HKT 17:46

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