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PyroGenesis $PYR.ca Increases Stake in HPQ Silicon $HPQ.ca $FSLR $SPWR $CSIQ $XMG.ca

Posted by AGORACOM-JC at 11:07 AM on Tuesday, May 26th, 2020

– Directors of the Corporation have agreed to settle an outstanding debt for services rendered by PyroGenesis Canada Inc, (TSX-V: PYR) in connection with works relating to leasehold improvements done in the dedicated PUREVAPTM Quartz Reduction Reactor (“QRR”) premises within PyroGenesis production plant.

MONTREAL, May 26, 2020 — HPQ Silicon Resources Inc.  (“HPQ” or the “Company”) TSX-V: HPQ; FWB: UGE; Other OTC : URAGF; would like inform shareholders that the Directors of the Corporation have agreed to settle an outstanding debt for services rendered by PyroGenesis Canada Inc, (TSX-V: PYR) in connection with works relating to leasehold improvements done in the dedicated PUREVAPTM Quartz Reduction Reactor (“QRR”) premises within PyroGenesis production plant.

The outstanding debt of $395,514, will be settled by issuing 4,394,600 Units at a price of $0.09 per unit. Each unit is comprised of one common share and one common share purchase warrant.  Each warrant will allow its holder to subscribe to one common share at the price of $0.10 for a period of 36 months from the date of closing.  Each share issued pursuant to the debt settlement will have a mandatory four (4) month and one (1) day holding period from the date of closing.  This settlement is subject to the approval of the TSX Venture Exchange.

“This transaction is a demonstration of the strong cooperation HPQ and PyroGenesis are implementing as we develop both the PUREVAPTM Quartz Reduction Reactor (QRR) and the PUREVAPTM Silicon Nano Reactor (SiNR) processes,” said Bernard Tourillon, President & CEO of HPQ Silicon.  “Our PUREVAPTM processes opens up unique multibillion-dollar business opportunity for HPQ and PyroGenesis, as we strive to deliver the critical Silicon nano- materials required by the surging Li-ion battery market.”

About Silicon

Silicon (Si), also known as silicon metal, is one of today’s strategic materials needed to fulfil the Renewable Energy Revolution (“RER”) presently under way. Silicon does not exist in its pure state; it must be extracted from quartz (SiO2), in what has historically been a capital and energy intensive process.

About HPQ Silicon

HPQ Silicon Resources Inc. (TSX-V: HPQ) is a producer of Silicon Innovation that is building a portfolio of unique high value silicon products needed for the RER.

Working with PyroGenesis Canada Inc. (TSX-V: PYR), a high-tech company that designs, develops, manufactures and commercializes plasma – based processes, HPQ is developing:

  • The PUREVAPTM “Quartz Reduction Reactors” (QRR), an innovative process (patent pending), which will permit the one step transformation of quartz (SiO2) into high purity silicon (Si) at reduced costs, energy input, and carbon footprint that will propagate its considerable renewable energy potential;
    • HPQ is in the process of becoming the lowest cost (Capex and Opex) producer of silicon (Si) and high purity silicon (3N – 4N Si);
  • The PUREVAPTM Silicon Nano Reactor (SiNR), a new proprietary process that can use different purities of silicon (Si) as feedstock, to make spherical silicon nanopowders and nanowires;
    • HPQ objective is to become the lowest cost manufacturer of spherical Si nanopowders and silicon-based composites needed by manufacturers of next-generation lithium-ion batteries;
    • During the coming months, spherical Si nanopowders and nanowires silicon-based composite samples requested by industry participants and research institutions’ will be produced using the newly develop PUREVAPTM SiNR process.

HPQ is also working with industry leader Apollon Solar of France to:

  • Use their patented process and develop a capability to produce commercially porous silicon (Si) wafers and porous silicon (Si) powders;
    • The collaboration will allow HPQ to become the lowest cost producer of porous silicon wafers for all-solid -state batteries and porous silicon powders for Li-ion batteries.
    • The plan is to deliver porous Si wafer to a battery manufacturer (under NDA) for testing in 2020.

This News Release is available on the company’s CEO Verified Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders. 

Disclaimers:

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or the securities laws of any state of the United States and may not be offered or sold within the United States or to, or for the account or the benefit of, U.S. persons (as defined in Regulation S under the U.S.  Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

The Corporation’s interest in developing the PUREVAP™ QRR and any projected capital or operating cost savings associated with its development should not be construed as being related to the establishing the economic viability or technical feasibility of any of the Company’s Quartz Projects.

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the security’s regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

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

For further information contact

Bernard J. Tourillon, Chairman, President and CEO Tel (514) 907-1011
Patrick Levasseur, Vice-President and COO Tel: (514) 262-9239
http://www.hpqsilicon.com Email: [email protected] 

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Spyder Cannabis $SPDR.ca Announces Corporate Update $CGC $ACB $APH $CRON.ca $OGI.ca

Posted by AGORACOM-JC at 8:17 AM on Tuesday, May 26th, 2020
  • Company is now awaiting receipt of its RSA (“Retail Store Authorization”) for its Niagara Falls dispensary located at 6474 Lundy’s Lane
  • Company is awaiting a final inspection of its dispensary scheduled for the beginning of June, at which point, it intends to begin operations at its Calgary dispensary, located at 104-58th Ave, SE, suite 140
  • In order to address the challenges presented by the COVID 19 crisis, the company has focus on building up the online and e-commerce components for its US Hemp CBD only locations, in Atlantic City and West Palm Beach.

Vaughan, Ontario–(May 26, 2020) – Spyder Cannabis Inc. (TSXV: SPDR) (“Spyder” or the “Company”) and its wholly-owned associated applicants, The Green Spyder Inc. and Spyder Cannabis Subco Inc., is pleased to provide the following update:

Niagara Falls Cannabis Dispensary

Further to the announcement of receipt of its ROL (“Retail Operator License”), the company is now awaiting receipt of its RSA (“Retail Store Authorization”) for its Niagara Falls dispensary located at 6474 Lundy’s Lane. The company plans to begin operations at the location as soon as the RSA is issued and final inspection is completed, while ensuring it complies with COVID-19 provincial regulations and focusing on its curbside pickup and delivery business.

Calgary Cannabis Dispensary

Further to the announcement of receipt of its Conditional Cannabis License, the company is awaiting a final inspection of its dispensary scheduled for the beginning of June, at which point, it intends to begin operations at its Calgary dispensary, located at 104-58th Ave, SE, suite 140.

Online and e-Commerce

In order to address the challenges presented by the COVID 19 crisis, the company has focus on building up the online and e-commerce components for its US Hemp CBD only locations, in Atlantic City and West Palm Beach. Specifically, the company has launched a US website as well as an affiliate program to generate increased awareness of the Spyder brand at ShopSPDR.com.

Filing Extension of Annual Disclosure Documents Due to COVID-19

Due to circumstances created by the COVID – 19 pandemic Spyder will not be filing its audited financial statements and related management discussion and analysis for the fiscal year ended January 31, 2020 by the scheduled due date of June 1, 2020, as required under section 4.4(b) and section 5.1(1) of National Instrument 51-102 – Continuous Disclosure Obligations (“NI 51-102”).

As required by Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements (OSC Instrument 51-502), BC Instrument 51-515 Temporary Exemption from Certain Corporate Finance Requirements (BC Instrument 51-515), Blanket Order 51-517 Temporary Exemption from Certain Corporate Finance Requirements (ASC Blanket Order 51-517) and Manitoba Blanket Order 52-502 Temporary Exemption from Certain Corporate Finance Requirements (Manitoba Blanket Order 52-502), the Company discloses the following:

• The Company’s management and other insiders will be subject to a trading black-out that reflects the principles in Section 9 of National Policy 11-207 – Failure-to-File Cease Trade Orders until its audited financial statements and related management discussion and analysis for the fiscal year ended January 31, 2020;

• The Company expects to file its audited financial statements and related management discussion and analysis for the fiscal year ended January 31, 2020 on or about July 15, 2020

About Spyder Cannabis Inc.

Spyder is a Cannabis, Vape and CBD retailer that operates in jurisdictions where the products are federally legal in both Canada and the United States. The Company, through its subsidiaries, is a retailer involved in the development of three retail business units. The first is the sale of Cannabis products, the second is the sale of Hemp CBD in the United States only, the third is the sale of smoking cessation products in Ontario.

Cautionary Statements

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

This news release includes statements containing certain ‘forward-looking information” within the meaning of applicable securities laws (‘forward-looking statements”). Forward-looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur.

For more information, please contact:

Spyder Cannabis Inc.

Dan Pelchovitz
President & Chief Executive Officer
Telephone: 1.888.504.7737
Email: [email protected]

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Esports Entertainment Group $GMBL Forms New Jersey Subsidiary to Pursue Licensing Strategy in United States. Receives Additional $1.86 Million From Exercise of Warrants $TECHF $ATVI $TTWO $GAME $EPY.ca $FDM.ca $TNA.ca

Posted by AGORACOM-JC at 7:08 AM on Tuesday, May 26th, 2020
  • Announced the formation of a new wholly owned subsidiary, “GMBL New Jersey Inc.”, to pursue gambling licenses throughout the United States
  • Company expects to make its first such application with the State of New Jersey in the near future and will provide updates for each anticipated application as they are submitted in each available jurisdiction
  • “The US market represents a very big opportunity for us and thanks to the continued support of our valued shareholders, we intend to aggressively pursue it in 2020 and beyond.” said Grant Johnson, CEO of Esports Entertainment Group.

BIRKIRKARA, Malta, May 26, 2020 — Esports Entertainment Group, Inc. (NasdaqCM: GMBL, GMBLW) (or the “Company”), a licensed online gambling company with a focus on esports wagering and 18+ gaming, is pleased to announce the formation of a new wholly owned subsidiary, “GMBL New Jersey Inc.”, for the express purpose of commencing its strategy to pursue gambling licenses throughout the United States that will further the Company’s esports gambling market.  The Company expects to make its first such application with the State of New Jersey in the near future and will provide updates for each anticipated application as they are submitted in each available jurisdiction.

The Company’s US operations will be based in New Jersey, where the Company expects to establish facilities and operating personnel.  

COMPANY RECEIVES ADDITIONAL $1.9 MILLION FROM WARRANT EXERCISES

Investors participating in the Esports Entertainment Group’s public offering of securities which was consummated on April 14, 2020 (the “April Offering”),  exercised a total of 439,844 warrants at a price of $4.25 per share for gross proceeds of approximately $1,860,000 as of May 22, 2020. 

Combined with the Company’s announcement on May 15th in which, the underwriters of the April Offering partially exercised and closed on their over-allotment option and purchased an additional 209,400 shares of common stock from the Company for gross proceeds of $885,762,  the Company has received  an aggregate of approximately $2,750,000 to date in the month of May  significantly bolstering its financial strength and resources necessary to execute its business plan.       

“Today’s announcement marks yet another significant milestone and provides the market with even greater insight as to our growth strategy,” said Grant Johnson, CEO of Esports Entertainment Group.  “The US market represents a very big opportunity for us and thanks to the continued support of our valued shareholders, we intend to aggressively pursue it in 2020 and beyond.” 

ABOUT ESPORTS ENTERTAINMENT GROUP

Esports Entertainment Group, Inc. is a licensed online gambling company with a specific focus on esports wagering and 18+ gaming. The Company holds a license to conduct online gambling and 18+ gaming on a global basis in Malta and Curacao, Kingdom of the Netherlands and is able to accept wagers from over 149 jurisdictions including Canada, Japan, Germany and South Africa. Esports Entertainment offers fantasy, pools, fixed odds and exchange style wagering on esports events in a licensed, regulated and secure platform to the global esports audience at vie.gg. In addition, Esports Entertainment intends to offer users from around the world the ability to participate in multi-player mobile and PC video game tournaments for cash prizes. Esports Entertainment is led by a team of industry professionals and technical experts from the online gambling and the video game industries, and esports. The Company maintains offices in Malta. For more information visit www.esportsentertainmentgroup.com

FORWARD-LOOKING STATEMENTS

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Contact:

U.S. Investor Relations 
RedChip Companies, Inc.
Dave Gentry
407-491-4498
[email protected]

Media & Investor Relations Inquiries
AGORACOM
[email protected]
http://agoracom.com/ir/eSportsEntertainmentGroup

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Posted in Esports Entertainment Group, Esports Entertainment Group Inc., Featured | Comments Off on Esports Entertainment Group $GMBL Forms New Jersey Subsidiary to Pursue Licensing Strategy in United States. Receives Additional $1.86 Million From Exercise of Warrants $TECHF $ATVI $TTWO $GAME $EPY.ca $FDM.ca $TNA.ca

Eurolife Brands $EURO.ca and Empower Clinics $CBDT.ca Form Global Mushroom Education Initiative $WEED.ca $CGC $ACB $APH $CRON.ca $OGI.ca

Posted by AGORACOM-JC at 6:59 AM on Tuesday, May 26th, 2020
  • New initiative expands the original agreement by formalizing a cloud-based, globally accessible, leading educational experience for patients, clinics, and academic circles to participate, learn, interact, and create information on the uses, treatments, and applications of mushrooms for health and wellness
  • Will be positioned as an educational platform but will also accept clinical trial results, integrate with universities and academic circles, provide knowledge and a safe learning experience free from the outside influence of mis-information

Toronto, Ontario–(May 26, 2020) –  EuroLife Brands (CSE: EURO) (FSE: 3CMA) (OTC PINK: EURPF) (“EuroLife” or the “Company”), a vertically integrated enterprise focused on the pan-European health and wellness sector, is pleased to announce that further to the definitive agreement announced on May 15th, 2020 the Company is forming a global mushroom education initiative with Empower Clinics Inc. (CSE: CBDT) (OTCQB: EPWCF) (FSE: 8EC) (“Empower“), a vertically integrated and growth-oriented life sciences company.

The new initiative expands the original agreement by formalizing a cloud-based, globally accessible, leading educational experience for patients, clinics, and academic circles to participate, learn, interact, and create information on the uses, treatments, and applications of mushrooms for health and wellness. The global initiative will be positioned as an educational platform but will also accept clinical trial results, integrate with universities and academic circles, provide knowledge and a safe learning experience free from the outside influence of mis-information.

“Our global mushroom education initiative will provide significantly more information pertaining to the treatment of a number of ailments using these alternative plant-based treatment options,” said Steven McAuley, chairman and chief executive officer of Empower. “We are proud to bring premium health and wellness products to our patients online and in our clinics and mushrooms are already a part of our expanding product line in this category. We look forward to working with the team at EuroLife to launch this initiative in the very near future.”

“We have an opportunity to be one of the first online education platforms to deliver information on the benefits of using mushrooms for nutrition and health and wellness,” said Shawn Moniz, Chief Executive Officer, EuroLife Brands Inc. “Our Cannvas.me education portal is scalable and provides quick and easy access to Empower employees, medical professionals and retail consumers who are in need of this important information. We will continue to leverage our technology to move EuroLife forward.”

A report produced by Research and Markets estimates the global mushroom market was over US$38 billion in 2017 and forecasted to expand at a CAGR of 7.9 per cent from 2018 to 2026. Increasing consumer awareness regarding the health benefits offered by mushrooms is a key factor influencing the growth of the mushroom market at present. Consumer mushroom consumption in supermarkets, restaurants, hotels, and cafeterias are also expected to add to the market demand. Mushrooms are considered a super food as they contain protein, vitamins, minerals and antioxidants, with a great deal of nutritional value and micronutrients. They are low in carbohydrates, high in fiber, and a good source of B-vitamins (riboflavin, pantothenic acid, and niacin), iron, and selenium. 

EuroLife and Empower will create a mushroom portal which will leverage the same technology platform used for EuroLife’s cannabis portal and will include educational modules on a wide range of topics. The platform will also incorporate dynamic and interactive elements to facilitate learning.

About Empower Clinics Inc.

Empower is a vertically integrated health & wellness brand with a network of corporate and franchised health & wellness clinics in the U.S. The Company is building its first hemp-derived CBD extraction facility and produces its proprietary line of cannabidiol (CBD) based products. The Company is a leading multi-state operator of a network of physician-staffed wellness clinics, focused on helping patients improve and protect their health, through innovative physician recommended treatment options. The Company has launched Dosed Wellness Ltd. to connect its significant data, to the potential of the efficacy of alternative treatment options related to hemp-derived cannabidiol (CBD) therapies, psilocybin and other psychedelic plant-based treatment options.

About EuroLife Brands Inc.

EuroLife Brands (CSE: EURO) (FSE: 3CMA) (OTCPK: EURPF) is a vertically integrated enterprise focused on the pan-European health and wellness sector.

For additional information:

Contact: [email protected] or visit EuroLifeBrands.com

No stock exchange or securities regulatory authority has reviewed or accepted responsibility for the adequacy or accuracy of this release.

Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Issuer‘s future plans, objectives or goals, including words to the effect that the Issuer or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company‘s Management‘s Discussion and Analysis and other disclosure filings with Canadian securities regulators, which are posted on www.sedar.com.

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Why #Esports and #Bitcoin are a natural match – SPONSOR: Esports Entertainment Group $GMBL $TECHF $ATVI $TTWO $GAME $EPY.ca $FDM.ca $TNA.ca

Posted by AGORACOM-JC at 2:20 PM on Monday, May 25th, 2020

SPONSOR: Esports Entertainment Group (GMBL:NASDAQ) – Millions of people from around the world tune in to watch teams of video game players compete with each other. In first quarter 2020, YouTube reported 1.1 billion hours watched, an increase of 13% when compared to fourth quarter 2019. Wagering on Esports is projected to hit $23 BILLION this year although that number will likely be eclipsed due to the recent pandemic. Esports Entertainment Group is the next generation online gambling company designed for the purpose of facilitating as much of this wagering as possible.  LEARN MORE.

Why esports and Bitcoin are a natural match

  • Some market projections claim esports could even eclipse popular sports tournaments like Formula One or the UEFA Champions League in revenues, topping US$2.3 billion by 2022
  • Moreover, those projections were made before March 2020, when the world began its preference for online interaction over physical crowds thanks to the COVID-19 pandemic

By Guest Contributor

Esports, aka competitive video game tournaments, is one of those ideas that’s been touted as perfect for Bitcoin since the beginning. Easy payments and prize pools, portable game item ownership, provably fair games with permanent and transparent records, anti-cheating measures, accessibility from anywhere, and a billion-dollar market. So where are the stadium-sized Bitcoin esports events? Let’s take a look at the issues to find out why you might be seeing some soon.

It’s not as though no one has tried to make Bitcoin esports a thing. Like many other ambitious ideas, though, they often ran into the blockchain industry’s technical (and human) limitations. Bitcoin Core’s (BTC) hobbled block size nixed the idea of any kind of blockchain there. Others, like Ethereum and EOS, have had more appeal for game builders but still suffer from those platforms’ technical and scaling limitations.

Then there’s the problem of convincing the big companies and players in the gaming industry that Bitcoin offers the benefits they’re looking for. This is common in any industry. Even if you believe in Bitcoin and want to build your own esports platform from scratch, there’s the challenge of attracting enough game designing and building talent away from the mainstream producers.

Enter Bitcoin SV, which in early 2020 restored the original Bitcoin protocol and removed all data limits. Companies like Kronoverse, with its “CryptoFights” combat/strategy game, have made the jump from Ethereum to Bitcoin and serve as the most prominent demonstration of Bitcoin’s esports capabilities.

Kronoverse have cited advantages unique to blockchain, like verifiable results, betting on matches, and game item ownership, as reasons why they chose to build their competition on Bitcoin. They also saw Bitcoin BSV as more technically capable than Ethereum and its Enjin gaming platform.

CEO Adam Kling said, “When I looked at the scaling roadmap of Ethereum, it became clear that we were never going to be able to have a million players playing on Kronoverse. Instead, everyone is having to develop layer-two technologies and are only submitting the results to the Ethereum blockchain. With Bitcoin SV, we wouldn’t have to do that.”

All about esports

The worlds of “esports,” “online gaming” and “online gambling” share many similarities, but there are components unique to each. We’ll explain the history and background for esports to get an idea what distinguishes it.

Esports as a concept has been around since the 1970s and 80s, but if you’re old enough to remember those times you’ll also remember the games back then weren’t much of a spectacle. Still, there’s always been a certain rush from watching someone play a game you like really well, and the same intensity in watching people compete to be number one on the leaderboard.

It was the advent of multiplayer games, though, that really saw esports take off. Rather than just trying to achieve the highest score, competitors could now play directly against each other in the same game—just like regular sports.

Esports can involve any kind of game. The nature of the market has meant combat games like Counter Strike, League of Legends, StarCraft II and Dota2 have gained the most attention, and many were designed with esports in mind. But there’s plenty of opportunity for simpler games and games for all demographics. All that’s needed is someone to organize the competition and build the system.

Kronoverse’s CryptoFights, for example, is designed for competition yet played only on mobile devices. The possibilities it and other similar ideas offer are endless.

New #CryptoFights website is live! https://t.co/7dCUZafRlD #kronoverse #indiegame #esports #bitcoinsv pic.twitter.com/xVLZ9LJiRA — Crypto Fights (@CryptoFights) May 13, 2020

There’s been a lot of debate over the years over whether esports can be classified as “legitimate sports”. However that argument is pretty irrelevant if esports tournaments can haul in crowds (and money) on par with the more physical kind.

Some market projections claim esports could even eclipse popular sports tournaments like Formula One or the UEFA Champions League in revenues, topping US$2.3 billion by 2022. Moreover, those projections were made before March 2020, when the world began its preference for online interaction over physical crowds thanks to the COVID-19 pandemic.

Esports tournaments have frequently taken place in actual stadiums. But if it’s the kind of game or tournament that can be played online, esports is actually more accessible to more potential competitors, enhancing its appeal.

Claims that 106 million people watched the World Esports competition in 2017 was enough for even the International Olympic Committee to hold a summit on the matter. While participants argued esports could be considered sports, there were concerns over violent game content and the lack of an international regulatory body. There are still campaigns to feature esports at Olympic events somehow, even if as a demonstration sport or showcase side event for starters.

Just like regular sports, though, you don’t need to be playing at tournament or stadium level to enjoy them—or even make money. Competitions can be any size, and prize money can be pooled from admission fees even if there isn’t a corporate sponsor. Home viewers can interact with the tournament in more ways than say, a football match on TV. There’s also a secondary market for gambling on who’ll win, if that’s permitted in your jurisdiction.

Transparency, fairness and the problem of cheating

Game integrity—whether esports games are equally fair to all players, and detecting who might be cheating—has been a big problem for the industry. This is especially true if a tournament happens online and if players are using their own devices.

Kronoverse says Bitcoin plays a big part in overcoming these problems. Game elements like item ownership, game rules and moves can all be recorded on the blockchain permanently. Others can scrutinize and analyze these records to see if anything untoward has taken place, no matter when the game was played.

Here’s where Bitcoin’s unlimited scalability comes into play. Blockchains designed for data processing, like Ethereum, have hit snags when on-chain projects became popular. BTC can’t do data. Both have had to lean on second-layer protocols to handle large quantities of data (or in BTC’s case, anything much at all) and all these “solutions” come with their own set of costs.

Still, it will take one successful esports platform to run on Bitcoin BSV before larger players will see its benefits in action. Kronoverse hopes to be that leader, and has been beta-testing CryptoFights since late 2019. It hopes to hold more open betas in the coming months and launch a marketplace by the end of 2020, with a fully-playable game and competition following after.

Source: https://calvinayre.com/2020/05/25/bitcoin/why-esports-and-bitcoin-are-a-natural-match/

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#Edtech Boom Boosted by Experiences in Lockdown – SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 1:43 PM on Monday, May 25th, 2020

SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated ecosystem. betterU / Ottolearn launch FREE COVID-19 mobile resource toolkit to fight the global crisis – Click here for more information.

Edtech Boom Boosted by Experiences in Lockdown

  • Coronavirus lockdown opens new paths for online education
  • The edtech field may see its growth accelerating even faster because of pandemic
  • The world of education and worker retraining has been upended by the coronavirus, with many changes that could have long-lasting impacts

By: Bruce Rule

Teacher Kai Frazier had a hard time persuading venture capital investors to consider her online education startup, which provides virtual-reality tours of museums and historic sites for children. Then the deadly coronavirus caused societies to shut down worldwide.

“VCs thought that this was only for poor kids who couldn’t afford to go to museums,” Frazier told Karma. “COVID-19 took that argument out” and led potential investors to reconsider Kai XR, she said. Now, Frazier is in the midst of a funding round that may net between $500,000 and $1 million.

With almost 1.2 billion children locked out of schools and millions of adults out of work around the globe, the deadly coronavirus pandemic is forcing the world to re-examine how best to educate and retrain people. That may spur even faster growth of online education, a field that was already expected to surge to $319 billion by 2025 from $188 billion last year.

“COVID-19 is a terrible thing, but what it also did was break down structures that weren’t serving a lot of people,” Frazier said. “Online education may quickly become the classroom experience.”

Her company produces virtual reality tours — like this one of the Obama portraits — that will be viewed online for a monthly subscription fee on a platform that launched last month. The company has seen a 200% increase in people signing up for a free demonstration because of the pandemic.

With VR tours, a child can have a wide range of experiences — from touring a Negro League baseball museum to seeing how a windmill works — that might not otherwise be available because of cost or distance, Frazier said. Online can provide a “diverse education.”

Investors certainly are betting so. A record $18.7 billion was invested in edtech companies worldwide last year, according to research firm Metaari. The pandemic doesn’t seem to have killed enthusiasm for the field. In March, online education company Yuanfudao of China raised $1 billion in a finance round led by Tencent Holdings and private equity firm Hillhouse Capital Group.

According to education research firm HolonIQ, a lot of that growth will eventually be in emerging markets in India, Southeast Asia, Latin America and Africa, “where multi-billion dollar funds are being set up to deploy capital into education and other ESG and impact sectors.”
   
Worker retraining also has become a hot topic, with a White House advisory panel last week saying new pathways are needed for the unemployed to upgrade their skills and learn new ones so they can find jobs in fields that are expected to rebound first.

Guild Education is responding to that need. The edtech company was founded in 2015 to help employers including Chipotle, Disney and Walmart create education programs for workers by connecting companies with higher-ed programs at nonprofit universities.

Earlier this month, Guild launched the Next Chapter platform, which enables employers to
provide laid-off workers with access to reskilling programs and hands-on coaching to help them qualify for new positions in areas where demand will increase as the economy reopens.

“Next Chapter was created to help workers make the leap to higher wage” positions, Rachel Carlson, Guild’s CEO, said in an email to Karma.

Investors are also jumping into the field of worker training. Online training platform GO1.com announced this week it raised $40 million in Series C funding.
 
“What has been made clear through this pandemic is the importance of disseminating knowledge across borders, companies, and all parts of society,” The World Economic Forum said in a report last month. “If online learning technology can play a role here, it is incumbent upon all of us to explore its full potential.”

Source: https://karmaimpact.com/edtech-boom-boosted-by-experiences-in-lockdown/

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Primo Nutraceuticals $PRMO.ca Receives NPN (Natural Product Number) from Health Canada $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 4:42 PM on Friday, May 22nd, 2020

– Received its NPN (Natural Product Number) from Health Canada.

– Primo Nutraceuticals hand sanitizers meet Health Canada’s requirements for safety, effectiveness and quality.

– In response to the increasing demand for hand sanitizers in Canada during the current COVID-19 pandemic, Health Canada has implemented an interim expedited licensing approach to help businesses like Primo to obtain the required authorizations to produce and distribute hand sanitizer.

VANCOUVER, British Columbia, May 22, 2020 — PRIMO NUTRACEUTICALS INC. (CSE: PRMO) (OTC: BUGVF) (FSE: 8BV) (DEU: 8BV) (MUN: 8BV) (STU: 8BV) (“Primo” or the “Company”) is pleased to announce that it has received its NPN (Natural Product Number) from Health Canada. Primo Nutraceuticals hand sanitizers meet Health Canada’s requirements for safety, effectiveness and quality.

In response to the increasing demand for hand sanitizers in Canada during the current COVID-19 pandemic, Health Canada has implemented an interim expedited licensing approach to help businesses like Primo to obtain the required authorizations to produce and distribute hand sanitizer. Consistent with the interim measure for alcohol-based hand sanitizers currently in place, Primo’s hand sanitizer can be distributed to healthcare and commercial settings across Canada.

The Natural Product Number NPN 80099466 issued to Primo will be located on every Primo product label distributed.

The Natural Product Number contains information about the natural health product and found to be safe, effective and of high quality under their recommended conditions of use. You can identify licensed natural health products by looking for the eight-digit Natural Product Number (NPN) or Homeopathic Medicine Number (DIN-HM) on the label.

Sales are to commence in June 2020. No purchase orders are yet in place.

To view the product brochure visit: https://www.primoceuticals.com/shop#!/Primo-Lemon-Hand-Sanitizer-60/p/197662415/category=0

About Primo Nutraceuticals Inc.

Primo Nutraceuticals Inc. (“Primo” or the “Company”) is dedicated to funding the rapid growth in production, processing, retail and branding of cannabis and non-cannabis related products in Canada and the United States. Primo has invested in several brands and is pursuing partnerships with retailers and distribution companies in Canada and the United States. Primo’s management is in the process of building a corporate road map to further vertically integrate the Company, specifically by way of “Primo” branded retail outlets – offering “Thrive,” “Primo,” and a selection of curated partner brands. The Company possesses proprietary formulas for cannabis edibles, topical, and tinctures. Primo is focused on building a strong presence in the hemp industry with the objective of extracting and selling cannabinoids (CBD) products in both Canada and the United States.

On behalf of the Board of Directors

PRIMO NUTRACEUTICALS INC.

“Andy Jagpal”

President and Director

For further information, please contact Zoltan, IR Representative at: 604-722-0305, or; [email protected]

To learn more about what this news means to the shareholders visit:

https://t.me/PrimoNutraceuticals

Shop: www.primoceuticals.com

www.twitter.com/prmonutra

www.thrivecbd.org

www.beautykitchen.net

www.marianna.ca

www.drinkdefy.com

Corporate: www.primonutraceuticals.com

FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise. No regulatory authority has approved or disapproved the information contained in this news release.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c8349cf6-4f9e-49b2-9769-53f0c3274f0d

Primo Hand Sanitizer
Primo Nutraceuticals hand sanitizers meet Health Canada’s requirements for safety, effectiveness and quality.

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Else Nutrition $BABY.ca Provides Corporate Update – Product Launch In U.S. Expected In Q3 $MAT $KMB $BMY $ABT $WYE

Posted by AGORACOM-JC at 10:41 AM on Friday, May 22nd, 2020
http://blog.agoracom.com/wp-content/uploads/2020/03/else-square-150x150.png
  • Engagement with Covet PR ahead of planned product launch in the U.S.; Covet specializes in alternative foods promotion with clients such as Beyond Meat, Banza, Kashi, Once Upon a Farm, and many others
  • Positive social campaign testing results, reached over 320,000 potential customers in the U.S.
  • Partnership with “Mom’s Meet”, a community of approximately 100,000 U.S. moms dedicated to exploring new children products
  • Product launch in the U.S. expected in late July or early August 2020 (4-8 week delay from original pre-July launch date due to Covid 19)
  • Toddler Nutrition product sampling campaign planned to launch on June 15, 2020

VANCOUVER, BC / May 22, 2020 / ELSE NUTRITION HOLDINGS INC. (TSX-V:BABY) (OTCQB:BABYF) (“Else” or the “Company“), a developer of plant-based alternatives to dairy-based baby nutrition, is pleased to provide the following corporate update.

Marketing for Upcoming Product Launch

Else is pleased to announce that it has engaged Covet PR, a national U.S.-based public relations firm devoted to food, beverage, beauty and lifestyle brands. Covet will) support the launch of Else products into the U.S. marketplace in Q3-2020. Covet’s client roster includes impressive, disruptive and leading wellness brands, such as: Beyond Meat, Banza, Kashi, Once Upon a Farm, and many other better-for-you consumer product companies.

“As experts in the plant-based nutrition space, we are thrilled to be partnering with Else Nutrition for their U.S. launch,” says Sara Brooks, Founder, and CEO of Covet PR. “At Covet PR, we are passionate about companies that are truly innovating, making this world a healthier and happier place. Furthermore, as a mom of two young children, I am equally as excited about having a better, complete nutrition solution I can depend on, and I look forward to sharing this brand with consumers nationwide.”

During the month of April, Else executed its first paid test campaigns on social media platforms, showing highly promising results and customer engagement. The brand was exposed to over 320,000 potential U.S. customers, with more than double the industry average clickthrough rate. The clickthrough rate is a widely accepted industry standard indicator of high customer interest in the brand. Insights gleaned from this campaign will be integrated into a sampling campaign planned to launch on June 15th 2020, when customers will be able to order Else Toddler Nutrition samples.

The Company has also partnered with Mom’s Meet, a dedicated community of approximately 100,000 U.S. moms exploring new consumer products for their children. The program will raise brand awareness among this group via digital communications, and will drive sampling for Else Plant-Based Toddler Nutrition.

Product Launch Date

Management is pleased to announce that the impact of the COVID-19 pandemic, on Company’s business was minimal, causing an approximate 2 month delay in product launch which is currently scheduled for late July or early August 2020. Else also expects to finalize its agreement with a leading U.S.-based organic baby formula manufacturer for the production of its plant-based toddler nutrition product in June of 2020.

About Else Nutrition Holdings Inc.

Else Nutrition GH ltd. is an Israel-based food and nutrition company focused on developing innovative, clean and plant-based food and nutrition products for infants, toddlers, children, and adults. Its revolutionary, 100% plant-based, non-soy, formula is a clean-ingredient alternative to dairy-based formula. Else Nutrition won the “2017 Best Health and Diet Solutions’ award at the Global Food Innovation Summit in Milan. The holding company, ELSE Nutrition Holdings Inc, is a publicly-traded company, listed as TSX-V: BABY, as part of the TSX Venture Exchange and as OTCQB: BABYF as part of the NY OTC QB Exchange. Else’s Executive and Advisory Board includes leaders hailing from Abbott Nutrition, Mead Johnson, Boston Children’s Hospital, ESPHGAN (European Society for Pediatric Gastroenterology, Hepatology and Nutrition). Plum Organics, Tel Aviv University’s Sackler Faculty of Medicine, and Gastroenterology & Nutrition Institute of RAMBAM Medical Center.

For more information, visit: elsenutrition.com or @elsenutrition on Facebook and Instagram.

For more information, contact:

Hamutal Yitzhak, CEO, Co-Founder & Director
ELSE Nutrition Holdings Inc.
E: [email protected]
P: +972(0)52-447-9931

Mr. Sokhie Puar, Director of Else Nutrition
Email: [email protected]
Telephone: 604-603-7787

TSX Venture Exchange

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

Caution Regarding Forward-Looking Statements

This press release contains statements that, to the extent they are not recitations of historical fact, constitute “forward-looking statements” within the meaning of applicable securities legislation. Forward-looking statements are typically identified by words such as “will”, “plan”, “hope to”, “intend” or similar expressions. Forward-looking statements in this press release include, but are not limited to, statements with respect to: the Company’s commercialization of its products and expected timing, expected go-to-market strategy (including marketing, proposed markets, sales, customer growth and market position), and industry conditions including any impact of Covid-19. Such forward-looking statements reflect current estimates, beliefs and assumptions, which are based on management’s perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. No assurance can be given that the foregoing will prove to be correct. Forward-looking statements made in this press release assume, among others, the successful completion of Else’s proposed scale-up for its products, restrictions due to Covid-19 will not result in additional unplanned delays, and such statements are intended to apply only to the infant formula market for ages 12 months and above, and having all necessary regulatory approval as required by each target market. Numerous risks and uncertainties could cause the Company’s actual results to differ materially from the estimates, beliefs and assumptions expressed or implied in the forward-looking statements, including, but not limited to: consumer demand for the Company’s products, whether the Company’s current and future products achieve commercialization, uncertainty regarding material changes in laws and regulations, retention of key personnel, the Company’s ability to expand into global markets and competitive developments, and the impact of Covid-19 on the planned business operations. The foregoing list of factors is not exhaustive, and other risks and uncertainties not presently known, or believed to be material, to management Additional information and other factors that could affect the operations or financial results of the Company are set out in the Company’s Filing Statement dated May 14, 2019 under the heading “Risk Factors” and may be accessed through the SEDAR website (www.sedar.com). Readers are cautioned not to place undue reliance on any forward-looking statements, which reflect management’s expectations only as of the date of this press release. The Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law

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Overstock CEO: Why Immunity Passports Could Move #Blockchain Tech Mainstream – SPONSOR: #KABN Systems North America Inc.

Posted by AGORACOM-JC at 9:24 AM on Friday, May 22nd, 2020

SPONSOR: KABN Systems North America Inc. A Fintech platform focused on Verifying, Managing & Monetizing Online Identity. Immunity passports based on Blockchain technology? Why not for this and other matters. Liquid Avatar will make it easier to carry all kind of digital credentials, whether it’s a digital travel or immunity passport and a whole lot more with added biometric, blockchain and other multi-factor verification.

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Overstock CEO: Why Immunity Passports Could Move Blockchain Tech Mainstream

By PYMNTS

In the early days of enforced social distancing measures, there was a presiding confidence that any economic disruption would be temporary and fairly short.

Analysts were nearly universally predicting a “V-shaped” U.S. recovery — a fast drop with a quick stop, then a rapid reset back to normal. End-to-end, things would recover by 2020’s end.

But things are looking far less certain now in that regard. While some experts are predicting a quick reset, a rising chorus of voices is noting that the slowdown might extend for some time still to come.

Still, PYMNTs’ surveys have found that consumers are eight times more afraid of dying from COVID-19 than they’re worried about losing their jobs or their nest eggs. As a result, many will need quite a bit of persuading when it comes to getting back out into the real world.

They must believe that the rewards of real-world commerce are worth the frictions and the risk to health — outweighing what they’ll receive if they eschew a physical experience for the digital ones they’ve become accustomed to over the past two months.

It’s a tall order, Overstock CEO Jonathan Johnson told Karen Webster in a recent digital discussion, but the power of blockchain can be critical in addressing it. He said he envisions using blockchain to create private, consumer-controlled “immunity passports” that will make it easier for customers and businesses to feel comfortable in a real-world environment.

That’s why Overstock’s investment arm Medici Ventures has turned toward firms like Evernym and Vital Chain. These startups are leveraging blockchain technology to create app-based solutions that will let individuals download and control their health records and selectively share them with businesses, industries and health organizations.

Johnson noted that when we think about what it will really take for the average consumer to feel safe sitting on an airplane, in a restaurant or at a store, it’s the knowledge that everyone around them is uninfected with coronavirus.

“I think the solution we are investing in developing is solving a problem that people are going to want solved,” he said. “An immunity passport is what that is going to look like for a lot of industries. If I can prove that I’ve got the antibodies or have steered clear of infection entirely, and I can show that on an immunity passport, that’s pretty powerful.”

Or at least it could be, in terms of providing a reentry plan for consumers and businesses that balances people’s need for privacy with their need to feel safe and confident interacting with the physical world. But, Johnson noted, the first challenge is adoption.

Leading People To Try A New Thing

Webster asked about the immunity passports being developed from blockchain compared to immunity-passport app usage being enforced by the Chinese government, and whether they are designed to function in a similar way.

“Well, I don’t ever want to say we’re similar to China,” Jackson noted, saying what mainly differentiates the immunity passport Overstock is investing in from the Chinese QR code-based option is choice.

The consumer chooses to access their health record via a blockchain transaction, then chooses which businesses they wish to share information with, he said.

What will likely push adoption is that some businesses have an incentive to use this technology — and require a submission of a clean immunity passport.

“If you are the Cleveland Indians or the Browns or Cavaliers, your biggest interest right now is getting people back into the seats and watching games in their stadium,” Johnson said. “That creates their incentive to require these.”

As for consumers, their motivation for adoption is pretty simple: They’ll want to go to a ball game, fly on a plane or eat in a restaurant and will have to participate to do so.

Will This Be Blockchain’s Time To Shine?

There’s a tendency when looking at decade-old blockchain technology to wonder why something billed as a “world-changing” innovation hasn’t had a bigger impact so far.

Johnson agreed that blockchain has been underutilized thus far, but he said he doesn’t believe that’s necessarily a reflection on the technology itself. He said Overstock continues to believe blockchain is “the most important advance since the invention of the internet.”

The trouble, he said, is blockchain tends to get mixed up with its first killer-use case — cryptocurrency.

As a transactional technology, cryptocurrency has uses that Overstock has seen on its retail site Overstock.com, Johnson said. To buy something via traditional means, customers have to cough up a lot of information about themselves — names, email addresses, credit card numbers, the extra security code and their shipping and billing addresses.

But when they buy with bitcoin, they only need to hand over a single piece of information — a shipping address. The use of blockchain technology creates a self -sovereign identity that imports directly into the transaction and allows for smoother and simpler authentication.

The trouble, Johnson noted, is bitcoin as a use case has speed issues in terms of timing transactions properly.

“I don’t think it is quite immediate enough for payments in some cases,” he said. “It’s tough when I’m in a 7-Eleven and I have to wait for the bitcoin blockchain to confirm the sale. That is not going to work for most people.”

But a solution that allows consumers and businesses to feel more comfortable returning to physical transactions will. And blockchain’s unique mechanism of securely transferring information in an unalterable way makes it ideally suited for building immunity passports — even if those using them have no idea that they’re working with blockchain.

In fact, Johnson said he advises the firms in which Overstock invests to stay away from mentioning blockchain technology too much because that will get them into a bunch of tangential conversations about cryptocurrency.

“I have worked for an internet company for a long time, [and] I have no idea how my phone works, but I know the apps, and I know how I like to use it, and I know the solutions it is offering me to the problems I need solved,” Johnson said. “I advise companies to talk about the problem [they’re addressing] and how the app solves it. The fact that it is on blockchain and that is why the solution works, that is less important.”

Source: https://www.pymnts.com/blockchain/2020/overstock-ceo-thinks-immunity-passports-could-move-blockchain-tech-mainstream

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Serial Entreprenuer and Former Aurora Cannabis $ACB CEO, Terry Booth, Joins Eyecarrot $EYC.ca as Executive Chairman $EYPT $KALA

Posted by AGORACOM-JC at 3:04 PM on Thursday, May 21st, 2020
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  • Announced the appointment Aurora Cannabis (TSX-ACB) Founder and former CEO, Mr. Terry Booth, to the Company as Executive Chairman.
  • Mr. Booth was one of the 2 original founders of Aurora Cannabis Inc. In 2013, he personally provided over $3.0 million in start-up capital to the building of a new from the ground up high quality purpose-built medical cannabis production facility in Mountain View County.
  • Appointed CEO in December 2014, he has skillfully raised Aurora from its infancy into one of the world’s largest and fastest growing cannabis companies, valued at $18B at its peak

Toronto, New York -  May 21st, 2020 – Eyecarrot Innovations Corp (TSXV:EYC) | (OTC:EYCCF) | (2EYA:GR), is pleased to announce the appointment Aurora Cannabis (TSX-ACB) Founder and former CEO, Mr. Terry Booth, to the Company as Executive Chairman. Mr. Booth was one of the 2 original founders of Aurora Cannabis Inc. In 2013, he personally provided over $3.0 million in start-up capital to the building of a new from the ground up high quality purpose-built medical cannabis production facility in Mountain View County. This facility was the first in the world to be certified as 100% EU GMP compliant for the production of Medical Cannabis. Appointed CEO in December 2014, he has skillfully raised Aurora from its infancy into one of the world’s largest and fastest growing cannabis companies, valued at $18B at its peak, with a focus on providing high-quality medical and adult usage cannabis and inspiring better days for medical and recreational consumers around the world.

A visionary and passionate leader, Terry has a deep knowledge of highly regulated environments. He was instrumental in Aurora receiving its initial licensing and approval from Health Canada to produce medical cannabis, as well as building the Company’s state of the art cultivation facility Aurora Sky. With this strong entrepreneurial vision running through the entire company, Terry has overseen the company’s organic growth as well as its expansion through acquisitions of companies, all of which were successfully integrated into the parent company.

“I am beyond excited to be a part of a new technology platform that will focus on improving vision globally. In particular, improving youth vision through this revolutionary technology that has not only been proven but is being used by world class athletes to improve their binocular vision, balance, and strength. Our product will set the standard in this nascent industry on a global basis,” commented Terry Booth, Executive Chairman

Uniquely skilled at seizing M&A opportunities, (over 30 transactions and acquisitions in the last 5 years) Terry also has more than 25 years of experience in creating, growing and leading companies in highly regulated industries. Terry currently sits on the board of Aurora Cannabis, Quinsam Capital, and Psyched Wellness and has sat on the board of other organizations, including Radient Technologies and Alcanna (formerly Liquor Stores N.A.). Terry has also served as President/CEO of Superior Safety Codes Inc, which was recognized as one of Canada’s top 50 fastest-growing companies. Terry joins Eyecarrot with an established track-record of transformational leadership and a purpose to impact Global Health and Education.

“We are absolutely thrilled to add the expertise and experience of a member of Terry’s caliber, and the team at Eyecarrot firmly believes that this will set our path moving forward. With his proven track record in building and growing businesses in technologically and medically innovative fields, Terry brings an unsurpassed wealth of knowledge to our dedicated and motivated team. He has the unique ability to move mountains when it comes to policy at the national and international level, as well as an incredible track record in capital markets. We’re excitedly looking forward to working together to accomplish our goals, bring value to our investors, and ultimately improve human performance,” commented Eyecarrot Founder and CEO Adam Cegielski.

In connection with these corporate changes, the Company would also like to announce it as arranged a non-brokered private placement to raise up to $1 million through the issuance of up to 7,843,137 units at a price of $0.1275 per unit, subject to the approval of the TSX Venture Exchange.

Each unit will comprise one common share and one share purchase warrant. Each warrant will entitle the holder to acquire a further common share at a price of $0.25 per share for a period of 24 months, subject to an acceleration clause whereby if the closing price of the Company’s shares is equal to or greater than $0.50 per share for a period of five consecutive trading days (at any time following the expiry of the four month resale restriction period), the Company, may, by notice to the warrant holder, reduce the remaining exercise period of the warrants to not less than 30 days from the date of such notice. The proceeds of the placement will be utilized for the further development of the Company’s products and for general working capital purposes. Mr. Booth is expected to subscribe for up to 1,960,785 units of the financing.

The Company also announces the grant of an aggregate of 2,500,000 stock options at an exercise price of $0.17 per share for a period of five years to directors, officers, employees and consultants, of which 500,000 stock options will be granted to Mr. Booth.

Dr. John Flanagan has resigned from the Board of Directors of the company to make room for Mr. Terry Booth, and will now be the first member of the company’s Scientific Advisory Board.

Please visit https://www.eyecarrot.com/investors/ for additional information on the Company.

About Eyecarrot Innovations Corp (EYC)

Eyecarrot is a human performance technology company that has developed Binovi, a hardware and software-centered platform. Binovi combines hardware, software, specialized expert knowledge, and unique big data insights in order to deliver customized one-on-one training and treatment. Binovi is designed for vision optimization and the enhancement of skills related to human performance. We are working together under a common banner to help neuro-optometry, vision rehabilitation, and vision performance professionals gain measurable results in less time, and with less effort.

On behalf of the Board of Directors

Adam Cegielski

President | CEO

Investor Relations

Email: [email protected]

Toll-free: 1 (844) 866-6162

https://www.eyecarrot.com/investors/

Forward looking information

Certain statements contained in this news release constitute “forward-looking information” as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations, and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company’s financial condition and development plans do not change as a result of unforeseen events and that the Company obtains regulatory approval. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company’s financial condition and development plans change, and delays in regulatory approval, as well as the other risks and uncertainties applicable to the Company as set forth in the Company’s continuous disclosure filings filed under the Company’s profile at www.sedar.com . The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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