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$CRL.ca Expands Team With 5 New Executive Members to Accelerate Growth $IP.ca $IPNFF $PKK.ca $PKKFF $MTRX $RACMF

Posted by Jesse Champagne at 1:41 PM on Thursday, March 4th, 2021
Carl Data Solutions Inc. | CSE - Canadian Securities Exchange
  • “Each of the five senior executives has demonstrated success in their previous missions, which are exactly the skills and expertise that Carl Data requires to execute the growth plan over the coming years,” said CEO Jean Charles Phaneuf

VANCOUVER, BC , March 4, 2021 – Carl Data Solutions Inc. (CSE: CRL) (FSE: 7C5) (OTC: CDTAF) (“Carl Data” or the “Company”), a developer of Big-Data-as-a-Service (“BDaaS”)-based solutions for data integration, business intelligence, and Industrial Internet-of-Things (“IIoT”) applications, announced the major signing of 5 new senior executives to the existing corporate team. The new team members will be crucial partners in accelerating the growth plan and expansion of the Company.

Carl Data’s CEO, Jean Charles Phaneuf , stated ”As part of the phase 2 of my 100-day plan of action, our goal was to bring additional talent to our existing outstanding team of Engineers, Data Scientists (AI Specialists) and Sales Executives in order to take our business through the next stages of our growth plan. Each of the five senior executives has demonstrated success in their previous missions, which are exactly the skills and expertise that Carl Data requires to execute the growth plan over the coming years. I am thrilled to add these valuable team members to our existing team and take our business to the next level.”

About the New Team Members

Frank Carzoli, Business Development

Mr. Carzoli has over 25 years’ experience in executive positions in Software and Hardware industries. He has a profound understanding of both domestic and international distribution channels as well as in retail, wholesale, OEM, direct sales, leasing and government markets. He recently served as VP Sales and Business Development at VisuaScan Inc., a Supply Chain Services company from Oakdale, Minnesota and Frank also served as Vice president of Sales and Marketing for Aviva Solutions Inc., a Canadian based Software Company servicing North America , Europe , Middle East and Asia . He has a background in Computer Programming and has studied Marketing and Business Law at McGill University .

Sandra Joe, Corporate Communications

Ms. Joe has an extensive background in social media marketing, public speaking and personal coaching. She is a former Financial Planner (CFP ® ), where she worked in Melbourne, Australia for the last 7 years. Sandra has a Bachelor of Commerce in Entrepreneurial Management from Royal Roads University, and her Certified Financial Planner CFP ® designation from the Financial Planning Association of Australia .

Yves Le Borgne, Market, Technical and Operations Advisor to the CEO for new ventures

Mr. Le Borgne is recognized to deliver innovative business solutions that meet customer needs by providing strong technical leadership, in depth knowledge and results-oriented management skills to the executive team. He is recognized as a manager and executive that has constantly used novel AI approaches to otherwise classical systems. He has integrated heuristics-based solutions solvers, machine vision, neural nets, machine learning and time-traced analytics in his products, some mission-critical. In addition, he has extensive experience in software and Systems Engineering, Architecture, Product Engineering, AI methods in mission-critical systems, Systems Testing, Quality Assurance and Change Management. Yves has a Bachelor of Engineering (B.Eng) from McGill University and completed two years of masters level studies at École Polytechnique, Montréal.

Yves Salembier, Product Management

Mr. Salembier was previously co-owner and Chief Technology Officer of Coginov Inc., a privately held global technology provider that he sold. He oversaw product development and R&D projects in multiple international markets, having worked and managed teams in Canada , United-States , Europe and North Africa . From a business solution standpoint, he achieved multiple successes ranging from market positioning, product road mapping, technology watch and application architecture. He has also participated in serval expert panels in Canada and the USA as a technology evangelist-guru. He has a Master of Science (M.Sc) in Information Systems from HEC of Montreal and an Honours Bachelor of Business Administration (H.BBA) in Management Science from Bishops University . He also holds a Machine Learning (AI) Certificate from Washington University .

Pierre Paul Samson, Product and Corporate Marketing

Mr. Samson has over 25 years’ experience in both leading-edge technology and marketing. In recent years, he was CEO at the creative agency, McMillan, and Global Head of Digital and Research & Development at the creative agency Sid Lee . Throughout these experiences, he was the executive stakeholder for digital projects for brands such as Cirque du Soleil, Samsung, Intel, Fasken, Commvault and Donnelley Financial Solutions. He studied at University of Ottawa and MIT .

Grant of Options

Pursuant to the Company’s stock option plan and also to agreements signed with the Company’s new senior executives, the Company has granted stock options allowing them to purchase a total of 2,000,000 common shares in the capital of the Company (each a “Share”) at a price of $0.38 per Share until March 3 , 2026.  Every three months, 25% of the options will vest such that all of the options will have vested 12 months after the issue date.

To read more, click here.

ThreeD Capital $IDK $IDKFF Acquires Securities of Windfall Geotek Inc. $WIN.ca $WINKF

Posted by AGORACOM-JC at 7:23 PM on Friday, February 26th, 2021
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  • Acquired ownership and control of an aggregate of 8,889,500 common shares and 1,000,000 common share purchase warrants

TORONTO, Feb. 26, 2021 — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQB:IDKFF) a Canadian based venture capital firm that invests in disruptive companies and promising junior resources companies, is pleased to announce that it has acquired ownership and control of an aggregate of 8,889,500 common shares (the “Subject Shares”) and 1,000,000 common share purchase warrants (the “Subject Warrants” and together with the Subject Shares, the “Subject Units”) of Windfall Geotek Inc. (“Windfall”) through a series of transactions ending on February 19, 2021. The Subject Shares represented approximately 10.0% of all issued and outstanding common shares of Windfall as of February 26, 2021 immediately following the transaction described above (or approximately 11.0% on a partially diluted basis, assuming exercise of the Subject Warrants only).

Immediately before the transactions herein, ThreeD did not hold any securities of Windfall.

The Subject Units were acquired through a series of transactions. 1,000,000 Subject Shares and 1,000,000 Subject Warrants were acquired in a private placement and not through the facilities of any stock exchange for aggregate consideration payable of $60,000. The remaining Subject Shares were acquired in the open market through the facilities of the Canadian Securities Exchange for aggregate consideration payable of $1,972,691, or $0.25 per Subject Share. The holdings of securities of Windfall by ThreeD are managed for investment purposes, and ThreeD could increase or decrease their investments in Windfall at any time, or continue to maintain their current investment position, depending on market conditions or any other relevant factor.

The trade was effected in reliance upon the exemption contained in Section 2.3 of National Instrument 45-106 on the basis that ThreeD is an “accredited investor” as defined herein.

Read More: https://agoracom.com/ir/threedcapital/forums/discussion/topics/756207-threed-capital-inc-acquires-securities-of-windfall-geotek-inc/messages/2305710#message

ThreeD Capital Inc. $IDK $IDKFF Announces DTC Eligibility of its Common Shares Trading in the United States $INTL.ca $IP.ca $IPNFF $PKK.ca $PKKFF $MTRX $RACMF

Posted by AGORACOM-JC at 9:45 AM on Monday, February 22nd, 2021
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  • Now eligible for electronic clearing and settlement through the Depository Trust Company (“DTC”) in the United States.
  • The Company’s common shares are traded on the OTCQB under the symbol “IDKFF”.

TORONTO, Feb. 22, 2021 — ThreeD Capital Inc. (the “Company” or “ThreeD”) (CSE:IDK) (OTCQB:IDKFF) is pleased to announce that the Company’s common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (“DTC”) in the United States. The Company’s common shares are traded on the OTCQB under the symbol “IDKFF”.

DTC is a subsidiary of the Depository Trust and Clearing Corporation, a United States company that manages the electronic clearing and settlement of publicly traded companies. DTC services reduces costs and accelerates the settlement process for investors and brokers trading Canadian securities in the United States.

Sheldon Inwentash, CEO of ThreeD commented, “We are thrilled with obtaining DTC eligibility, as it represents an important step forward in increasing liquidity, broadening our shareholder base and building a strong presence for the Company within the US capital markets sphere.”

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors. ThreeD’s investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services and access to the Company’s ecosystem.

For further information:

Jakson Inwentash
Vice President Investments
[email protected]
Phone: 416-941-8900 ext 107

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

Read More: https://agoracom.com/ir/threedcapital/forums/discussion/topics/755784-threed-capital-inc-announces-dtc-eligibility-of-its-common-shares-trading-in-the-united-states/messages/2304695#message

VIDEO – ThreeD Capital $IDK $IDKFF First Monthly NAV Is Just The Beginning Of Exponentially Growing Portfolio $INTL.ca $CRL.ca $WUHN

Posted by AGORACOM-JC at 7:53 PM on Sunday, February 21st, 2021
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ThreeD Capital $IDK.ca $IDKFF Completes $375,000 Investment Into Intellabridge Technology Corporation $INTL.ca $IP.ca $IPNFF $PKK.ca $PKKFF $MTRX $RACMF

Posted by AGORACOM-JC at 9:34 AM on Thursday, February 18th, 2021
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  • Announced a $375,000 investment in Intellabridge Technology Corporation (“Intellabridge”) (CSE: INTL) (OTC Pink: CRBTF) (FSE: 98AA) a blockchain technology company focused on developing decentralized finance technology solutions.

TORONTO, Feb. 18, 2021 — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce a $375,000 investment in Intellabridge Technology Corporation (“Intellabridge”) (CSE: INTL) (OTC Pink: CRBTF) (FSE: 98AA) a blockchain technology company focused on developing decentralized finance technology solutions.

The Company has acquired 2,500,000 units (the “Units”) at a price of $0.15 per Unit for aggregate proceeds of $375,000. Each Unit consists of one (1) common share of Intellabridge (a “Common Share”) and one Common Share purchase warrant (a “Warrant”), exercisable at a price of $0.45 per Warrant. The Warrants will expire two (2) years from the date of issuance.

Sheldon Inwentash, Chairman & CEO of ThreeD Capital has also agreed to join Intellabridge’s Advisory Board.

“DeFi technologies provide peer-to-peer financial transactions without a middle entity such as a bank. Blockchains allow this to be done in transparent and trustless manner. Intellabridge is simplifying the process by which the average person can get exposure to DeFi and the high interest rates accompanied in yield finance to protect individuals against purchasing power erosion by inflation. Our investment in Intellabridge perfectly aligns with our vertical of and belief in blockchain and other decentralized technologies. I am very excited to join the Advisory Board and work with Intellabridge management,” said Sheldon Inwentash.

“We are very pleased to have Sheldon join our Advisory Board, with his experience at the intersection of blockchain, financial technologies and public markets. In particular, as we continue to build out our Advisory Board we welcome the support of ThreeD Capital. This represents an important step for Intellabridge as we continue to build relationships with strategic partners and investors,” explained Intellabridge CEO, John Eagleton.

Read more: https://agoracom.com/ir/threedcapital/forums/discussion/topics/755583-threed-capital-completes-375-000-investment-into-intellabridge-technology-corporation/messages/2304184#message

ThreeD Capital Inc. $IDK.ca $IDKFF Makes $300,000 Investment Into Carl Data Solutions Inc. $CRL.ca $IP.ca $IPNFF $PKK.ca $PKKFF $MTRX $RACMF

Posted by AGORACOM-JC at 10:42 AM on Friday, February 12th, 2021
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  • Announced a $300,000 investment in Carl Data Solutions Inc. (CSE: CRL) (OTCQB: CDTAF), an Industrial IoT (IIoT) and Big Data as a Service (BDaaS) company that provides next generation collection, storage, and analytics solutions for data-centric organizations
  • Sheldon Inwentash, Chairman and CEO of ThreeD Capital stated, “We are very impressed with the technology that Carl has developed that offers real world insights across industries in terms of capturing and analyzing meaningful data and providing predictive analytics, which organizations and cities can act upon. This has tremendous implication for the environment, cost-savings, and organizational and governmental efficiencies.

TORONTO, Feb. 12, 2021- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce a $300,000 investment in Carl Data Solutions Inc. (“Carl”) (CSE: CRL) (OTCQB: CDTAF), an Industrial IoT (IIoT) and Big Data as a Service (BDaaS) company that provides next generation collection, storage, and analytics solutions for data-centric organizations.

The Company has acquired 2,000,000 units (the “Units”) at a price of $0.15 per Unit for aggregate proceeds of $300,000. Each Unit consists of one (1) common share of Carl (a “Common Share”) and one Common Share purchase warrant (a “Warrant”), exercisable at a price of $0.25 per Warrant. The Warrants will expire two (2) years from the date of issuance.

Sheldon Inwentash, Chairman and CEO of ThreeD Capital stated, “We are very impressed with the technology that Carl has developed that offers real world insights across industries in terms of capturing and analyzing meaningful data and providing predictive analytics, which organizations and cities can act upon. This has tremendous implication for the environment, cost-savings, and organizational and governmental efficiencies.

Carl Data Solutions provides tools to model and predict the impact of environmental events. Using Carl’s cloud based core IT platform, Software as a Service (SaaS) applications, purpose built hardware arrays and custom data collection networks, Carl delivers end to end solutions for Industry and Government. Carl Data Solutions has invested millions of dollars into creating a technology that revolutionizes the way industries extract value from their data. Carl’s technology is now widely deployed by both Industry and Government to automate and organize data collection, storage and analysis. The demand for smart scalable solutions is growing rapidly with the explosion of new data from IoT devices. Carl is succeeding at answering the call for new ways to access and make sense of enormous amounts of data through Carl’s unique and disruptive technology.

Read More: https://agoracom.com/ir/threedcapital/forums/discussion/topics/755251-threed-capital-inc-makes-300-000-investment-into-carl-data-solutions-inc/messages/2303421#message

ThreeD Capital $IDK.ca $IDKFF Makes $450,000 Investment Into Nirvana Life Sciences Inc., A #Psychedelics Company Focused on Developing Non-Addictive Pain Management Products $SHRM.ca $PSYK.ca $FTRP.ca $MMED .ca

Posted by AGORACOM-JC at 8:37 AM on Thursday, February 4th, 2021
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  • Announced a $450,000 investment in Nirvana Life Sciences Inc., a life sciences company focused developing medical products and regimens that address addiction.
  • Company has acquired 3,000,000 shares at a price of $0.15 per Share for aggregate proceeds of $450,000.
  • Sheldon Inwentash, Chairman and CEO of ThreeD Capital has also agreed to become an advisor to Nirvana.

TORONTO, Feb. 04, 2021 — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce a $450,000 investment in Nirvana Life Sciences Inc. (“Nirvana”), a life sciences company focused developing medical products and regimens that address addiction.

The Company has acquired 3,000,000 shares (the “Shares”) at a price of $0.15 per Share for aggregate proceeds of $450,000. Sheldon Inwentash, Chairman and CEO of ThreeD Capital has also agreed to become an advisor to Nirvana.

Randy Rosiek, President and Founder of Nirvana is elated to announce the lead order from ThreeD Capital as well as its CEO, Sheldon Inwentash as a strategic advisor of the board. “He comes with a wealth of extreme knowledge of capital markets and leadership experience that will help Nirvana Life Sciences achieve its goals as a global leader in the psychedelic space.”

Sheldon Inwentash stated, “This is the latest significant investment we have made in the psychedelic space, which further speaks to our believe that psychedelic drugs will be a game changer to mental health that currently affects millions worldwide. We believe these compounds have the potential to help solve the opioids epidemic, which has become a global crisis. Most importantly, we believe the scientific team at Nirvana has the ability and expertise to carry out this research at the highest level.”

Read More: https://agoracom.com/ir/threedcapital/forums/discussion/topics/754641-threed-capital-makes-450-000-investment-into-nirvana-life-sciences-inc-a-psychedelics-company-focused-on-developing-non-addictive-pain-management/messages/2301978#message

Sheldon Inwentash $IDK.ca $IDKFF Discusses The Digitization Shock Happening In Canada And His Experience Investing In New Technologies $IP.ca $IPNFF $PKK.ca $PKKFF $MTRX $RACMF

Posted by AGORACOM-JC at 4:50 PM on Thursday, January 14th, 2021
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Entrepreneur Sheldon Inwentash is the founder and President of Toronto’s ThreeD Capital, a venture capital firm focused on investments in companies operating in junior resources, blockchain, artificial intelligence, psychedelics, electric vehicles and other sectors.

For Sheldon, a career that began in the life insurance industry as an oil and gas analyst quickly evolved into one that would include the creation of five companies and nine CEO roles, including a 20-year stay as the founder of Pinetree Capital.

In addition to providing companies with investment strategies, Sheldon provides counsel and guidance to C-suite executives. He has financed hundreds of public and private start-up companies, many of which went on to have successful exits.

We recently spoke with Sheldon about the digitization shock happening in Canada and his experience with investing in new technology.

During COVID, all you have to do is turn on the news to learn about the various digital strategies that companies have had to implement. Do you think digitization will continue to impact the way businesses operate, even after the pandemic is over?

Sheldon Inwentash: Yes. COVID definitely accelerated digitization, but I believe that whether there was a pandemic or not, we were going to see it happen. Even after COVID is over, people will be more embedded in working remotely and going through the digital mechanics. Whether it’s through a ZOOM call or shifting your business to eCommerce, my feeling is that we are in the midst of a digital acceleration, and this way of life will be with us indefinitely.

The stock market is at an all time high and junior cap stocks are on a tear. How do you think the digital revolution influenced this?

Sheldon Inwentash: There are a lot of digital technology stocks that are on the rise. There are also a lot of companies that, because of people having to purchase items online, have seen a sharp increase in stocks. I think the market is also discounting a pent-up demand on many fronts. Whether it’s the anticipation of airline stocks, oil and gas stocks, the green revolution – I think it’s a great time to be an investor because there are so many different verticals that are exciting and interesting to invest in. Frankly, I see this continuing over the long term.

ThreeD Capital invests in a range of industries, including blockchain technology, electric vehicles and AI. What about the future of technology piques your interest when it comes to making investment decisions?

Sheldon Inwentash: We have a number of disruptive technologies in our portfolio. These are technologies that change the way we do things or are different from what we’ve done before. They’re more efficient to use. Technology is an integral part of our investment philosophy and we are actively looking on a weekly basis at new emerging technology companies that we think have a chance for exponential growth.

A tech entrepreneur comes to you asking for capital. What do you expect from them in terms of a pitch?

Sheldon Inwentash: I want to hear a clear, concise message. From there, obviously, there’s depth of technology and infrastructure. Time is your enemy in this business. Even before we listen to a pitch, we prefer to get a PowerPoint presentation in advance because then we are able to determine whether or not it’s something that interests us. In some cases, even the PowerPoint isn’t so clear, but we may still be interested. In that case, we expect the founder to be able to communicate in a very succinct and fast matter or otherwise it tends to lose our focus.

What, in terms of venture capital, can investors do to help make Toronto the next Silicon Valley?

Sheldon Inwentash: I think Toronto is underrated in the amount of tech that I see evolving in the city. Anytime you have a number of universities and teaching and research centers within an hour outside of Toronto, which we do, those are the places that spawn all the R&D. Those are the places that come up with great new things.

People are leaving Silicon Valley. There are Silicon Valley’s in every city now because of the digital revolution. Anyone can work, from anywhere, whenever they want now. There’s really no barrier to entry.

In the blockchain space, Toronto is a global leader, but it’s not understood that that’s the case. The only thing that’s missing is capital, but there’s a lot of that in Toronto, as well, so there are opportunities everywhere. Arguably, Toronto doesn’t have to be a Silicon Valley of the north, but it does have its fair share of companies that are spawned here.

Source: https://www.finsmes.com/2021/01/threed-capital-interview-with-founder-chairman-and-ceo-sheldon-inwentash.html

ThreeD Capital Inc. $IDK.ca $IDKFF Announces Completion of Private Placement with $ZEU.ca Technologies Inc.

Posted by AGORACOM-JC at 5:11 PM on Thursday, January 7th, 2021
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  • Announced that it has acquired 600,000 units of ZeU Technologies Inc. at a price of $0.25 per Unit.
  • In consideration, the Company has issued an aggregate of 185,185 common shares of the Company at a deemed price of $0.81 per common share.

TORONTO, Jan. 07, 2021 — ThreeD Capital Inc. (the “Company”) (CSE:IDK / OTCQB: IDKFF), a Canadian-based venture capital firm that invests in disruptive companies and promising junior resources companies, is pleased to announce that it has acquired 600,000 units (the “Units”) of ZeU Technologies Inc. (“ZeU”) at a price of $0.25 per Unit. In consideration, the Company has issued an aggregate of 185,185 common shares of the Company at a deemed price of $0.81 per common share (the “Offering”). Each Unit of ZeU consists of one common share (the “Share”) of ZeU and one share purchase warrant (the “Warrant”) of ZeU, with each Warrant being exercisable to acquire one additional Share at an exercise price of C$0.35 for a period of two years following the date of issuance.

Read More: https://agoracom.com/ir/threedcapital/forums/discussion/topics/752576-threed-capital-inc-announces-completion-of-private-placement-with-zeu-technologies-inc/messages/2296550#message

ThreeD Capital $IDK.ca $IDKFF Acquires Securities of Electric Metals (USA) Ltd. through Two Private Placements and Sheldon Inwentash to become Chairman #silver #manganese

Posted by AGORACOM-JC at 11:11 AM on Tuesday, January 5th, 2021
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  • Announced two investments, for a total of $530,000 in Electric Metals (USA) Ltd. a multi-commodity US-based resource company focused on their 100% owned Corcoran Canyon Silver Project in Nevada and Emily Manganese Project in Minnesota.
  • In the first private placement, The Company has acquired 1,000,000 shares (the “Shares”) at a price of $0.20 per Share in EML.
  • In the second private placement, The Company has acquired 1,000,000 Subscription Receipts at a price of $0.33 per Sub Receipts. Each Sub Receipts will entitle ThreeD to receive one (1) common share of EML (a “Common Share”) and one-half (1/2) of one Common Share purchase warrant (each whole warrant, a “Warrant”), with each whole warrant exercisable at $0.60 per Warrant.
  • The Warrants will expire two (2) years from the date of issuance.
  • Sheldon Inwentash has also agreed to come on as Chairman of the Board of Directors to NBS, which will take effect upon the closing of the proposed transaction with NBS.

TORONTO, Jan. 05, 2021 — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce two investments, for a total of $530,000 in Electric Metals (USA) Ltd. (“EML ”), a multi-commodity US-based resource company focused on their 100% owned Corcoran Canyon Silver Project in Nevada and Emily Manganese Project in Minnesota.

In the first private placement, The Company has acquired 1,000,000 shares (the “Shares”) at a price of $0.20 per Share in EML.

In the second private placement, The Company has acquired 1,000,000 Subscription Receipts (the “Sub Receipts”) at a price of $0.33 per Sub Receipts. Each Sub Receipts will entitle ThreeD to receive one (1) common share of EML (a “Common Share”) and one-half (1/2) of one Common Share purchase warrant (each whole warrant, a “Warrant”), with each whole warrant exercisable at $0.60 per Warrant. The Warrants will expire two (2) years from the date of issuance.

EML signed a definitive scheme implementation agreement, effective 31st December 2020, with NBS Capital Inc. (“NBS”) (TSXV: NBS.P), as announced yesterday by NBS. Pursuant to this Agreement, NBS will acquire all of the shares of EML via share exchange for an equivalent number of NBS shares, which will result in EML becoming a wholly owned subsidiary of NBS. NBS will change its name change to Nevada Silver Corporation on closing of the proposed transaction, reflecting the focus of EML on its principal Nevada silver asset.

Sheldon Inwentash has also agreed to come on as Chairman of the Board of Directors to NBS, which will take effect upon the closing of the proposed transaction with NBS.

Sheldon Inwentash, Chairman and CEO of ThreeD Capital stated “ThreeD Capital prides itself on discovering great companies before they become known to the general investment community, and EML is no exception. With 100% ownership of a US-based primary silver-gold asset with existing resources and significant upside potential, I am confident EML will deliver exceptional value to IDK shareholders.”

Gary Lewis, Director and CEO of EML commented, “We are delighted to welcome ThreeD Capital onto the EML register and Mr. Sheldon Inwentash as our incoming Chairman at such a pivotal time in the company’s development. EML has built a strong asset base and technical capability which, when coupled with the reputation, rolodex and investment nous of Mr. Inwentash, will make for a very compelling combination.”

This Press Release is available on the ThreeD Capital verified forum on AGORACOM. The forum is live and can be found at https://agoracom.com/ir/threedcapital/forums/discussion

About Electric Metals (USA) Ltd.

EML is an unlisted public company incorporated under the laws of New South Wales, Australia. It is a U.S.-based resource company, with its material asset being the 100-per-cent-owned Corcoran Canyon silver project in Nevada. EML also holds a high-grade manganese project in Minnesota, United States.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors. ThreeD’s investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services and access to the Company’s ecosystem.

For further information:
Gerry Feldman, CPA, CA
Chief Financial Officer and Corporate Secretary
[email protected]
Phone: 416-941-8900 ext 106

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

Forward-Looking Statements

This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of Canadian securities laws including, without limitation, statements with respect to the future investments by the Company. All statements other than statements of historical fact are forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are inherently uncertain, are based on estimates and assumptions, and are subject to known and unknown risks and uncertainties (both general and specific) that contribute to the possibility that the future events or circumstances contemplated by the forward-looking statements will not occur. Although the Company believes that the expectations reflected in the forward looking statements contained in this press release, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause the Company’s actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement.