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Empower Clinics $CBDT.ca Confirms Phase One and Phase Two Corona Virus #COVID19 Antibody Testing is Underway and Provides Updates on Timing of Fourth Quarter and Annual Financial Results $WEED.ca $CGC $ACB $APH $CRON.ca $OGI.ca

Posted by AGORACOM-JC at 3:55 PM on Thursday, April 30th, 2020
  • Empower confirms it has commenced COVID-19 antibody testing in clinics under the phase one and phase two rollout plans,
  • Received first Rapid COVID-19 test kits and places additional purchases of Rapid COVID-19 test kits

VANCOUVER, BC / April 29, 2020 / EMPOWER CLINICS INC. (CSE:CBDT)(OTCQB:EPWCF)(Frankfurt:8EC) (“Empower” or the “Company“), a vertically integrated life sciences company, is pleased to announce it is actively testing patients using COVID-19 antibody testing under its phase one and phase two rollout plans in its Sun Valley Health clinics in Phoenix, AZ. The Company has also received its first Rapid COVID-19 antibody test kits and has purchased additional Rapid test kits to start meeting testing demand. The Company also provides an update on the timing of the release of its financial results and associated filings for the fourth quarter and fiscal year ended December 31, 2019.

The Company is utilizing the temporary relief exemption provided by the Ontario Securities Commission under Ontario Instrument 51-502 – Temporary Exemption from Certain Corporate Finance Requirements (the “Instrument“), which provides a 45-day extension for periodic filings, including annual audited financial statements, as required by section 4.1(2) of National Instrument 51-102 – Continuous Disclosure Obligations, and related management’s discussion and analysis and CEO and CFO certifications (collectively, the “Annual Filings“), for the year ended December 31, 2019.

In accordance with the Instrument, the Company intends to file its Annual Filings no later than the extended deadline, as permitted under the Instrument, of June 15, 2020.

Until the Company has filed the Annual Filings, the Company confirms that its management and other insiders are subject to a trading blackout that reflects the principles in section 9 of National Policy 11-207 Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions. The Company further confirms that, other than as disclosed in this news release or other news releases or material change reports filed by the Company since November 14, 2019, being the date of filing of the Company’s unaudited interim financial statements and related filings for the period ended September 30, 2019, there have been no undisclosed material business developments with respect to the Company.

“The Company’s four-phase national COVID-19 testing program utilizing Rapid COVID-19 test kits is underway in the United States and our first patients are expecting test results starting today,” said Steven McAuley, Chairman & CEO of Empower. “The operational processes we have established to manage the patient experience are proving stable and effective, as is the technology workflow that registers a patient, books an appointment and collects payment on the Sun Valley Health website.”

Phase One – Testing in clinics in Arizona, utilizing a patient blood draw by clinic phlebotomists, then samples are sent to our laboratory test partner for analysis, with test results expected within 48 hours. This program is now active and appointment rates are expanding rapidly.

Phase Two – Offering a Rapid COVID-19 antibody test with results in 1-15 minutes. The service will be offered in-clinics using a drive-up service, conducted by Company clinic staff. In addition, an outbound door-step service, to support a variety of consumer, patient and community needs will be offered using certified mobile technicians. The online portal will be open to book appointments commencing May 1, 2020.

Phase Three – Business Employee Testing (BET) programs, offering Rapid COVID-19 testing to businesses on a one-time basis, repeat basis and/or subscription basis, to assist businesses to get back to work safely, will be offered. The Company anticipates phase three services will commence in May 2020.

Phase Four – U.S. nationwide roll-out, offering all phases of Company services, that can be accessed online at Company websites and call centers, to purchase Rapid COVID-19 test kits. The Company anticipates phase four services to commence in Q3 2020.

ABOUT EMPOWER

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 commenced activity on how 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. The Company now offers COVID-19 testing options in the United States and physician-based consultations, to address COVID-19 concerns.

ON BEHALF OF THE BOARD OF DIRECTORS:

Steven McAuley
Chief Executive Officer

CONTACTS:

Investors: Steven McAuley
CEO
[email protected]
604-789-2146

Investors: Dustin Klein
SVP, Business Development
720-352-1398
[email protected]

For French inquiries: Remy Scalabrini, Maricom Inc., E: [email protected], T: (888) 585-MARI

DISCLAIMER FOR FORWARD-LOOKING STATEMENTS

This news release contains certain “forward-looking statements” or “forward-looking information” (collectively “forward looking statements”) within the meaning of applicable Canadian securities laws. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Forward-looking statements can frequently be identified by words such as “plans”, “continues”, “expects”, “projects”, “intends”, “believes”, “anticipates”, “estimates”, “may”, “will”, “potential”, “proposed” and other similar words, or information that certain events or conditions “may” or “will” occur. Forward-looking statements in this news release include statements regarding: the Company’s expected timing of filing of its Annual Filings, the Company’s intention to create psilocybin and psychedelics divisions, that market research on advancements in psilocybin and psychedelics in North America and globally will create greater shareholder value, the Company’s intention to open a hemp-based CBD extraction facility, the expected benefits to the Company and its shareholders as a result of the proposed acquisitions and partnerships; the effectiveness of the extraction technology; the expected benefits for Empower’s patient base and customers; the benefits of CBD based products; the effect of the approval of the Farm Bill; the growth of the Company’s patient list and that the Company will be positioned to be a market-leading service provider for complex patient requirements in 2019 and beyond; the ability of the Company to complete or execute phases One, Two, Three or Four as noted above, and Psychedelic substances remain illegal in most countries, so please reference your local laws in relation to medical or recreational use. Such statements are only projections, are based on assumptions known to management at this time, and are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements, including; that the Company may not open a hemp-based CBD extraction facility; that legislative changes may have an adverse effect on the Company’s business and product development; that the Company may not be able to obtain adequate financing to pursue its business plan; general business, economic, competitive, political and social uncertainties; failure to obtain any necessary approvals in connection with the proposed acquisitions and partnerships; and other factors beyond the Company’s control. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are cautioned not to place undue reliance on the forward-looking statements in this release, which are qualified in their entirety by these cautionary statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements in this release, whether as a result of new information, future events or otherwise, except as expressly required by applicable laws.

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PyroGenesis Successfully Completes First Phase of Torch Modelling Geared to Reducing Greenhouse Gases for Major Iron Ore Pelletization Client $RTN $NOC $UTX $HPQ.ca $DDD.ca $SSYS $PRLB

Posted by AGORACOM-JC at 11:44 AM on Thursday, April 30th, 2020
  • Successfully completed the first phase of a multi-phase modeling contract aimed at evaluating the performance of PyroGenesis’ proprietary torches in an existing iron ore industrial furnace with the goal of replacing all existing fossil fuel burners with PyroGenesis’ plasma torches
  • All phases will be completed by the end of Q2 2020
  • Client is a multi-billion-dollar international producer of iron ore pellets, one of the largest in the industry, whose name will remain confidential for competitive reasons
  • Client has over 10 plants each requiring approx. 50 plasma torches
  • Each torch will generate up to $3M of revenue to PyroGenesis

MONTREAL, April 30, 2020 — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company, (the “Company”, the “Corporation” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch systems, is pleased to announce today that, further to its press release dated March 4th, 2020, it has successfully completed the first phase (the “First Phase”) of a multi-phase modeling contract aimed at  evaluating the performance of PyroGenesis’ proprietary torches in an existing iron ore industrial furnace with the goal of replacing all existing fossil fuel burners with PyroGenesis’ plasma torches. All phases will be completed by the end of Q2 2020. The client is a multi-billion-dollar international producer of iron ore pellets (the “Client”), one of the largest in the industry, whose name will remain confidential for competitive reasons. The Client has over 10 plants each requiring approx. 50 plasma torches.

This all important First Phase demonstrated that replacing fossil fuel burners with PyroGenesis’ proprietary plasma torch (i) has absolutely no ancillary detrimental effects anywhere in the process or with the furnaces, (ii) results in significant greenhouse gas reduction while at the same time, (iii) projecting significant cost savings.

This contract consists of evaluating the performance of PyroGenesis’ proprietary torches in the Client’s industrial furnace. The First Phase results confirm that replacing fossil fuel burners with PyroGenesis’ proprietary  plasma torches will not have any detrimental effects on the Client’s process or their furnaces and, more importantly, will result  in a CO2 reduction in excess of 350,000 tons per year per plant (which is equivalent to removing 76,000 cars1 from the road), while at the same time projecting significant cost savings.  The Client has over 10 plants, each requiring approx. 50 torches.  Each torch will generate up to $3M of revenue to PyroGenesis. The subsequent modelling phases will further quantify the benefits of transitioning to plasma.  All phases will be completed by the end of Q2, 2020.

“This is a very significant development with a very significant player in the industry,” said Mr. P. Peter Pascali, President and CEO of PyroGenesis. “We have effectively demonstrated that by using our proprietary plasma torch to replace the environmental damaging fossil fuel burners, not only will there be a significant reduction in greenhouse gases but there will also be significant cost savings (avoiding future carbon taxes alone is noteworthy), and all without any detrimental effect anywhere in the process.  How many process changes can boast of that trifecta?”

Pelletization is the process in which iron ore is concentrated before shipment, thus significantly reducing the cost of transportation. In conventional technologies, the process heat is provided by fuel oil or natural gas burners (both environmentally damaging). The combustion, in the burners, of fossil fuels results in the production of greenhouse gases, mainly CO2. Plasma torches, by contrast, utilize renewable electricity and as such offer an environmentally attractive alternative to fossil fuel burners.

“Since our success with RISE, noted in our press release dated March 4th, 2020, most major iron ore pelletization producers have reached out to us, as have several producers from the metallurgical industry,” said Mr. Pascali. “This has resulted in several modelling proposal requests, however, what I find most exciting is that in recent weeks the interest in our torch capabilities has also come to include significant steel producers, and these discussions have been moving forward at a rapid pace as well.  All this interest is from producers that use natural gas and heavy fuel oil burners and want alternatives to help them meet greenhouse gas reduction targets/policies. We find that the proposition to reduce greenhouse gases emissions, and avoid carbon taxes, with a simple bolt-on replacement of their current environmentally damaging fossil fuel burners, is too compelling to resist.  That, combined with the environmental pressure these industries are currently under (only recently a new trend has emerged where financial institutions are tying credit facilities and debt issuances to carbon reduction targets for multi-national industrial and mining conglomerates), has generated a wave of interest and proposals.”

About PyroGenesis Canada Inc.

PyroGenesis Canada Inc., a high-tech company, is the world leader in the design, development, manufacture and commercialization of advanced plasma processes and products. We provide engineering and manufacturing expertise, cutting-edge contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, advanced materials (including 3D printing), oil & gas, and environmental industries. With a team of experienced engineers, scientists and technicians working out of our Montreal office and our 3,800 m2 manufacturing facility, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. Our core competencies allow PyroGenesis to lead the way in providing innovative plasma torches, plasma waste processes, high-temperature metallurgical processes, and engineering services to the global marketplace. Our operations are ISO 9001:2015 and AS9100D certified, and have been since 1997. PyroGenesis is a publicly-traded Canadian Corporation on the TSX Venture Exchange (Ticker Symbol: PYR) and on the OTCQB Marketplace. For more information, please visit www.pyrogenesis.com.

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 Corporation’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 Corporation with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Corporation’s ongoing filings with the securities regulatory authorities, which filings can be found at www.sedar.com, or at www.otcmarkets.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Corporation 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, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the OTCQB accepts responsibility for the adequacy or accuracy of this press release.

SOURCE PyroGenesis Canada Inc.

For further information please contact:
Rodayna Kafal, Vice President Investors Relations and Strategic Business Development
Phone: (514) 937-0002, E-mail: [email protected]

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Hollister Biosciences $HOLL.ca Closes Acquisition of AlphaMind Brands Inc. $WEED.ca $CGC $ACB $APH $CRON.ca $OGI.ca $FAF.ca

Posted by AGORACOM-JC at 8:15 AM on Thursday, April 30th, 2020
  • Company has now closed its acquisition of AlphaMind Brands Inc., a growth stage company, that is developing a portfolio of certified legal mushroom based natural health products
  • Hollister will not be assuming any long-term debt; no new control position will be created and there is no change in management or the Board of Directors of Hollister in connection with the Transaction

VANCOUVER, April 30, 2020 - Hollister Biosciences Inc. (CSE: HOLL, FRANKFURT: HOB, OTC: HSTRF) (the “Company” or “Hollister“) – a diversified cannabis branding company with products in over 220 dispensaries throughout California, is pleased to announce that further to the signing of the definitive agreement, as amended (the “SEA“), the Company has now closed its acquisition of AlphaMind Brands Inc. (“AlphaMind“), a growth stage company, that is developing a portfolio of certified legal mushroom based natural health products (the “Transaction“).

“We are very pleased to close our acquisition of AlphaMind”, shared Carl Saling, Founder and CEO of Hollister.  “It is our continual objective to broaden our product scope and Alphamind, with its experienced management team, is a perfect foothold for us in the fast-growing market for medicinal mushrooms and complements our existing cannabis and hemp-based product offering.  We are excited to bring another promising brand under the Hollister umbrella, especially in such a fast growing and exciting sector.”

“We are very pleased to have closed this transaction”, shared Dr. Nikos C. Apostolopoulos, Chief Product & Research Officer of Alphamind Brands.  “We are looking forward to working with Hollister to build out our medicinal mushroom based product line and conducting further R&D to develop an exciting IP portfolio surrounding psilocybin based pharmaceutical treatments.”

Key Terms of The Transaction

Pursuant to the terms of the SEA, the Company has acquired AlphaMind for consideration of CDN$1,200,000 which is being satisfied by the issuance of 4,200,000 Hollister common shares (the “Payment Shares“) on the Closing Date pro rata to the shareholders of AlphaMind and an additional 1,800,000 common shares (the “Earn-Out Shares“) to be issued pro rata to the former shareholders of AlphaMind on the earlier of (i) AlphaMind meeting certain milestones (detailed below) or (ii) December 31st, 2021.

  • The Payment Shares and the Earn-Out Shares will be issued at a deemed value of $0.20 per share;
  • The Payment Shares are subject to certain voluntary hold periods as follows: 331/3% until May 30th, 2020; an additional 331/3% until June 30th, 2020; and the remaining 331/3% until August 30th, 2020;
  • The Earn-Out Shares will be issued on the earlier of (i) December 31st, 2020, or (ii) upon AlphaMind’s first production run or its first sales of product.

Hollister will not be assuming any long-term debt; no new control position will be created and there is no change in management or the Board of Directors of Hollister in connection with the Transaction.

About AlphaMind Brands Inc.

Alphamind Brands is a Canada and US based growth stage company, that is developing a portfolio of certified legal mushroom based natural health products. It is also actively conducting R&D initiatives, led by Dr. Nikos C. Apostolopoulos, who is exploring psilocybin based pharmaceutical treatments.  The company’s “ready to ship” product SKU’s include Cordyceps, Lion’s Mane, Shiitake, Oyster and Reishi Mushroom based: liquid tinctures, concentrated mushroom powder(s), teas, and chocolate. 

About Hollister Biosciences Inc.

Hollister Biosciences Inc. is a multi-state cannabis company with a vision to be the sought-after premium brand portfolio of innovative, high-quality cannabis & hemp products. Hollister uses a high margin model, controlling the whole process from manufacture to sales to distribution or seed to shelf. Products from Hollister Biosciences Inc. include HashBone, the brand’s premier artisanal hash-infused pre-roll, along with concentrates (shatter, budder, crumble), distillates, solvent-free bubble hash, pre-packaged flower, pre-rolls, tinctures, vape products, and full-spectrum high CBD pet tinctures. Hollister Cannabis Co. additionally offers white-labeling manufacturing of cannabis products.  Our wholly-owned California subsidiary Hollister Cannabis Co is the 1st state and locally licensed cannabis company in the city of Hollister, CA birthplace of the “American Biker”.

Website: www.hollistercannabisco.com

ON BEHALF OF THE BOARD

“Carl Saling”

CEO and Director

The CSE does not accept responsibility for the adequacy or accuracy of this release.

The CSE has not in any way passed upon the merits of the Transaction and has neither approved nor disapproved the contents of this press release.

The securities to be issued in connection with the Transaction have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “1933 Act“), or under any state securities laws, and may not be offered or sold, directly or indirectly, or delivered within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) absent registration or an applicable exemption from the registration requirements. This news release does not constitute an offer to sell or a solicitation to buy such securities in the United States.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

View original content to download multimedia:http://www.prnewswire.com/news-releases/hollister-biosciences-closes-acquisition-of-alphamind-brands-inc-301049911.html

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Toddler Meal Ideas for Picky Eaters – SPONSOR: Else Nutrition $BABY.ca $MAT $KMB $BMY $ABT $WYE

Posted by AGORACOM-JC at 5:07 PM on Wednesday, April 29th, 2020

SPONSOR: Else Nutrition Holdings Inc. (TSX-V: BABY)The award winning, plant-based nutrition company for small cap investors. The company has a $10,000,000 cash balance for US product launch In Q2 2020 with International agreements in Q3. Learn More

Toddler Meal Ideas for Picky Eaters

By Nicole Silber, RD, CSP, CLC

Children undergo more changes to their growth, development and eating patterns in the years between birth and preschool than any other time in their lives. When babies turn into toddlers, their relatively consistent, predictable eating becomes very inconsistent, paving the way for what many parents would describe as picky eating.

Many parents are concerned with how their toddlers eat (and don’t eat for that matter). What we do know from the Feeding Infants and Toddlers Study (FITS) is that many toddlers and preschoolers eat too much sodium and saturated fat, and not enough key nutrients like potassium, Vitamin D and fiber. But, some of the concerns that I hear from parents regarding their toddlers’ eating stem from a gap in knowing just how much healthy toddlers actually need, and what are normal versus problematic eating behaviors. These concerns usually lead to mealtime tensions, which can perpetuate the picky eating cycle.

Understanding the Needs for Toddler Meals

Understanding what is normal can be very helpful for parents.  Expect toddler meals to be consistently inconsistent – meaning they may skip occasional meals (yes, that means eat a few bites, or nothing), show fluctuating appetites daily based on changing growth needs (meaning when they’re going through a growth spurt they eat much more), and refuse foods one day that they gobbled up the day before. Their willingness to eat at meals may be affected by too much snacking (or grazing), fear of new foods that suddenly develop, or any minor discomfort from teething, a cold or even constipation can impact their willingness to put certain foods, textures and flavors into their mouths. And as a reminder, toddlers are much smaller than adults, so they do not need adult-like portions. For example, healthy toddlers need just 1 cup of veggies each day, so if that’s broken up into 2 meals and a snack that can be just 1/3 of a cup per sitting.  One day they may eat double that, and the next eat none, so look at the average.

Managing expectations can help relieve some parental stress and make way for more positive mealtime environments.  Pushing too hard, trying to convince, sneaking foods, accommodating requests (going to the kitchen and making 3 different dinners), offering bribes to finish the broccoli (yes, we’ve all been there) are all tempting, but can create power struggles that actually intensify the feeding refusals. But, there are some productive things that parents can do to encourage more variety with picky eaters, and the American Academy of Pediatrics (AAP) offers some great tips, like including children in cooking, encouraging family meals, and offering foods repeatedly and in flavorful ways.

Supplementing Toddler Meal Ideas With Something Else

While it’s developmentally normal for toddlers to go through some picky eating phases, some children, and parents alike, struggle to eat balanced, varied meals. And, for children who have any major diet restrictions because of allergies, medical or other lifestyle reasons, they are at higher risk for nutritional deficiencies during times of picky eating. That is when a fortified toddler nutrition drink, like Else, can be a great supplement to their diets. Else complete plant-based toddler meals can help in 2 ways: A more direct benefit is that Else provides these children with an extra boost of calories, fat (particularly unsaturated fat), protein, fiber, omega 3s and many key vitamins and minerals, like iron, potassium, vitamin D needed to support this time of rapid growth. And, Else can provide parents with the reassurance that their little ones are getting the nutrients they need. This reassurance can minimize the stress and pressure placed by parents and felt by kids at mealtimes, which can ultimately encourage more relaxed, varied eating.

Source: https://elsenutrition.com/blogs/news/easy-toddler-meal-ideas-for-picky-eaters

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Is #Covid19 an opportunity for #Esports to go mainstream? – SPONSOR Esports Entertainment Group $GMBL $TECHF $ATVI $TTWO $GAME $EPY.ca $FDM.ca $TNA.ca

Posted by AGORACOM-JC at 4:48 PM on Wednesday, April 29th, 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.

Is Covid-19 an opportunity for esports to go mainstream?

  • Even though the traditional sports industry has a forecast value of $614 billion in 2022, TV audiences are increasingly dwindling
  • With most eSports largely free to view for fans, is this now an opportunity to push that growth forecast of $180 billion to something even more ambitious?

By: John Griffiths

The current global health crisis caused by the Covid-19 virus has had a major impact on almost every country, industry and person globally. One industry, among many, that has come to a complete halt is sports. Most major sports have either halted, postponed or cancelled their season. Even the pinnacle of global sport, the Olympic Games, has been postponed until 2021.

At a time when the vast majority of the population is confined to their homes, watching live sport on TV would have been a very pleasurable way to while away the extra hours saved on the daily commute. Alas, with all sport cancelled, aside from a few repeats of classic matches or races, there is a void for sports fans.

Is this an opportunity for eSports and online gaming to become more mainstream?

Creating an engaging experience

Whether we are talking football (all forms), F1, basketball, boxing or golf, there are competitions that can be organised and run with real players but using digital balls, clubs and cars. There is still competition, strategy, jeopardy and tension to create fan engagement and excitement. There are also lower costs, far fewer safety issues but also a lack of physicality and combative (non-violent of course) player interaction. Yes, some things are taken away from the real world versions and it’s a different experience, but presented well it can still be an engaging sporting experience.

However, there is another category of eSports or online gaming that for huge swathes of older sports fans has utterly passed them by. We are talking Fortnite, PUBG, League of Legends, Counter-Strike: Global Offensive (CS:GO) to name a few. In the past few years, these games have grown massively around the world and many now hold competitions offering millions of dollars in prize money and attracting audiences of tens of thousands to live events and millions online.

There are star players with huge online followings, PewDiePie with over 100million YouTube and 20 million Instagram followers or Ninja with 23 million YouTube, 15 million Instagram and 14 million Twitch subscribers, for example. Then there are the well organised and well-funded teams such as Team Liquid and OG, training and competing to win these significant prizes. They have major household names as their sponsors, and each have racked up over $30million dollars in prize money alone so far. These players and teams are not teenage geeks in their bedrooms. They are highly skilled professionals running significant operations that easily match the complexity and scale of all but the largest of traditional sports teams.

Aiming high

Unlike traditional sports, these new online gaming environments are not tied down with huge legacy infrastructure, traditionalism and – in too many cases – vested interests and corruption. Despite the market forecast for the gaming industry set to be worth $180 billion in 2021 and almost all the top games and streaming platforms being owned by a small number of large corporations including Amazon, Microsoft, Google and Tencent, they have allowed and supported the games developers and players to lead the direction of development. At the moment, many are adopting a considerably more bottom-up rather than top-down driven approach to the development of their sports.

Even though the traditional sports industry has a forecast value of $614 billion in 2022, TV audiences are increasingly dwindling. This is largely driven by more and more sports appearing on Pay TV and behind a paywall. Subscribers are voting with their dollars and choosing not subscribe and pay to watch, as observed with F1 last year.

With most eSports largely free to view for fans, is this now an opportunity to push that growth forecast of $180 billion to something even more ambitious? After all, most traditional sports have really only grown their value in the last 20 or 30 years with the growth of Pay TV, and if subscribers are turning away at the increased cost but still crave competition and excitement, why shouldn’t eSports fill the gap?

Finding a way to bring this traditional TV audience online with ease of use and a great user experience that is a little TV-like in terms of browsing and discovering content is key. Apps on smart TVs and casting from mobile to TV is probably one way forward and will avoid the TV tax and the enforcement of paywalls. The right marketing and communications plan and key partnerships will be important to reach this new audience.

Whilst we hope the world does not see another global crisis like Covid-19, it may just present an opportunity for eSports to accelerate its growth and find a new audience. An audience that hopefully will see the excitement, exhilaration and enjoyment that younger audiences have enjoyed and nurtured for the last decade or so and that, with that that bit more spending power, will drive harder and faster the growth of eSports.

Source: https://www.v-net.tv/2020/04/29/is-covid-19-an-opportunity-for-esports-to-go-mainstream/

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Posted in All Recent Posts, Esports Entertainment Group, Esports Entertainment Group Inc. | Comments Off on Is #Covid19 an opportunity for #Esports to go mainstream? – SPONSOR Esports Entertainment Group $GMBL $TECHF $ATVI $TTWO $GAME $EPY.ca $FDM.ca $TNA.ca

AGORACOM Welcomes ImagineAR $IP.ca An Augmented Reality platform That Allows Businesses To Easily Launch AR Campaigns $SEV.ca $VST.ca $YDX.ca $NTAR.ca

Posted by AGORACOM-JC at 8:52 AM on Wednesday, April 29th, 2020
http://www.smallcapepicenter.com/imagine%20ar%20squre.jpg

BREAKING: ImagineAR Signs Five Year $300,000USD Licensing Agreement with SlapItOn to Provide Augmented Reality for Athletes and Celebrities to Engage Fans

  • Contract Revenue is $300,000USD Plus 5 Year Management Program Revenue Fees 
  • SlapItOn is owned by an elite group of professional athletes including Mike Vanderjagt,Troy Aikman, Mike Modano, Johnny Damon, Steve Smith and Cobi Jones.

Why ImagineAR?

(IP:CSE) (IPNFF:OTCQB)

  • ImagineAR Has Already Started Commercializing Its Augmented Reality Platform
  • Clients Include: 
    • NBA Sacramento Kings
    • Mall of America
    • AT&T Shape
    • Basketball Hall Of Fame
    • Milwaukee AutoShow
  • Microsoft Authorized Co-Sell Partner
  • Closed Major Financing In Q1 2020
  • Enables businesses of any size to create and implement their own AR campaigns with no programming or technology experience
  • ImagineAR is now well positioned to further commercialize and capitalize on massive demand for Augmented Reality

WHAT IS AUGMENTED REALITY?

AR is going to dominate our daily lives sooner than you think. Why else do you think Tim Cook is so bullish?  But it’s still a new concept that most people haven’t seen yet, so let’s use a basic example. 

An ImagineAR client (i.e. Sacramento Kings) tells its fans to simply point their mobile device at something (i.e. Sacramento Kings Logo) and watch their phone come to life (i.e. a player posing for a picture, a mascot dancing, collecting a reward – the possibilities are endless). 

The result is that mobile phones can now be used to engage fans way beyond simple social media by bringing their worlds to life.  In the Sacramento Kings example above, fans at home can do the exact same thing and have a player appear right in their living rooms!  

ImagineAR clients can use logos, signs, buildings, products, landmarks and more to instantly engage with videos, information, advertisements, coupons, 3D holograms and any interactive content.

The best part?  Customers don’t need a big, expensive tech team to deploy ImagineAR.  The Company’s “AR-as-a-Service” Platform enables businesses of any size to create and implement their own AR campaigns with no programming or technology experience.

WHAT IS THE DIFFERENCE BETWEEN AUGMENTED REALITY AND VIRTUAL REALITY?

We knew some of you may have been thinking this, so here’s a quick and easy answer.

AR uses your existing environment and overlays new information (as in the example above). 

VR creates a completely new virtual environment (i.e. a sci-fi fantasy world).

SEEING IS BELIEVING!

Now that you have a baseline understanding of the power of AR, the next thing to do is see it for yourself. Watch these videos of ImagineAR in action and with some really happy users.

Hub On AGORACOM / Corporate Profile

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ImagineAR $IP.ca Signs Five Year $300,000USD Licensing Agreement with SlapItOn to Provide Augmented Reality for Athletes and Celebrities to Engage Fans $SEV.ca $VST.ca $YDX.ca

Posted by AGORACOM-JC at 7:29 AM on Wednesday, April 29th, 2020
http://www.smallcapepicenter.com/imagine%20ar%20squre.jpg
  • Contract Revenue is $300,000USD Plus 5 Year Management Program Revenue Fees 
  • SlapItOn is owned by an elite group of professional athletes including Mike Vanderjagt,Troy Aikman, Mike Modano, Johnny Damon, Steve Smith and Cobi Jones.

VANCOUVER and ERIE, PA, April 29, 2020  – Imagine AR Inc. (IP:CSE) (IPNFF:OTCQB) (“ImagineAR” or “Company”) is pleased to announce the signing of a five year $300,000USD licensing agreement to provide its Augmented Reality Platform to SlapItOn for the launch of their new line of interactive products featuring social media leaders, athletes and celebrities.  In addition to the five-year licensing fee, the agreement also provides for program management fees over the term which can significantly increase the annual revenue.

SlapItOn Ownership Includes Elite Athletes

SlapItOn is owned by an elite group of professional athletes including Founder, Chief Executive Officer and National Football League All-Pro Mike Vanderjagt and co-founders National Football League Hall of Famer and All-Pro Troy Aikman, National Hockey League Hall of Famer and All-Star Mike Modano, Major League Baseball All-Star and Two-Time World Champion Johnny Damon, National Basketball Association All-Star, NBA Champion and Olympic Gold Medalist Steve Smith and National Soccer Hall of Famer and Major League Soccer All-Star Cobi Jones.

The custom graphics company can take any image and convert it into an action decal in various sizes including walls, laptops, tablets and smartphones.  As a result of this Agreement with ImagineARTM, SlapItOn will now be expanding its offering to deliver interactive products integrated as an ‘all-in-one’ collectible sports card, decal and social media via augmented reality right into the homes of fans.

Mike Vanderjagt, Founder & CEO of SlapItOn stated “ImagineARTM is the most advanced augmented reality mobile platform in the marketplace today. By integrating ImagineARTM with hi-tech vinyl decals, we will be launching our new SlapItOn Interactive product line featuring social media leaders in sports & entertainment globally. We are planning to provide a unique platform in today’s world for artists and athletes to engage safely and consistently with fans in their homes.”

Alen Paul Silverrstieen, CEO of ImagineAR, stated “We are truly excited to develop a new product category with SlapItOn. Working with Mike and his sports legend partners, we are very optimistic that this partnership will grow significantly in the next few years.”

ImagineAR Launches AGORACOM Online Marketing And “CEO Verified” Discussion Forum as Primary Investor Social Media Discussion Platform

ImagineAR Inc. announced the launch of a “CEO Verified” Discussion Forum on AGORACOM. The forum will serve as the Company’s primary social media platform to interact with both shareholders and the broader investment community in a fully moderated environment.

The ImagineAR HUB is live and can be found at https://agoracom.com/ir/Imaginear

ImagineAR will also receive significant exposure through millions of content brand insertions on the AGORACOM network and extensive search engine marketing over the next 12 months. In addition, exclusive sponsorships of invaluable digital properties such as the AGORACOM home page and the AGORACOM Twitter account will serve to significantly raise brand awareness of the Company among small cap investors. AGORACOM is the only small cap marketing firm to hold a Twitter Verified badge, averaging 4.2 million Twitter impressions per month in 2019.

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. 

ABOUT SlapItOn

SlapItOn is a custom graphics company that can take any image and turn it into an INTERACTIVE AR ACTION DECAL. The action decals are cut contoured and available in various sizes: wall, locker, tablet, and smartphone. A SlapItOn is made of a hi-tech vinyl that is reusable and is safe for any surface. To learn more, visit SlapItOn.Us

About ImagineAR

ImagineAR Inc. (CSE: IP) (OTC: IPNFF) is an augmented reality (AR) platform, ImagineAR.com, that enables businesses of any size to create and implement their own AR campaigns with no programming or technology experience. Every organization, from professional sports franchises to small retailers, can develop interactive AR campaigns that blend the real and digital worlds. Customers simply point their mobile device at logos, signs, buildings, products, landmarks and more to instantly engage videos, information, advertisements, coupons, 3D holograms and any interactive content all hosted in the cloud and managed using a menu-driven portal. Integrated real-time analytics means that all customer interaction is tracked and measured in real-time. The AR Enterprise platform supports both IOS and Android mobile devices and upcoming wearable technologies.

For more information or to explore working with Imagination Park, please email  [email protected], or visit www.imagineAR.com.

All trademarks of the property of respective owners.
ON BEHALF OF THE BOARD
Alen Paul Silverrstieen
President & CEO
(818) 850-2490
https://twitter.com/IPtechAR
https://www.facebook.com/imaginationparktechnologies
https://www.instagram.com/iptechar
https://www.linkedin.com/company/imagination-park-technologies-inc
We encourage you to do your own due diligence and ask your broker if Imagine AR Inc. (cse: IP) is suitable for your particular investment portfolio*.
The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release. This press release may include ‘forward-looking information’ within the meaning of Canadian securities legislation, concerning the business of the Company. The forward looking information is based on certain key expectations and assumptions made by Imagination Park’s management. Although ImagineAR believes that the expectations and assumptions on which such forward- looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because ImagineAR can give no assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release, and ImagineAR disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

Alen Paul Silverrstieen, President & CEO, (818) 850-2490

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Is the #Esports business immune to COVID-19? – SPONSOR Esports Entertainment Group $GMBL $TECHF $ATVI $TTWO $GAME $EPY.ca $FDM.ca $TNA.ca

Posted by AGORACOM-JC at 6:14 PM on Tuesday, April 28th, 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.

Is the eSports business immune to COVID-19?

  • Where traditional sports are now dark, eSports have become the only competitive field available in the age of social distancing.
  • Worldwide now, people are spending more time playing video games than streaming videos or hanging out on social media sties, a revelation that speaks to the relative immunity of e-sports to COVID-19, according to Goff, who pointed out that Verizon reported gaming peak hour traffic increased by 75 per cent during the first week of lockdown in North America versus a 12-per-cent increase in video watching and no bump for social media.

by Jayson MacLean

With major league sports taking a time out due to COVID-19, eSports is now the hottest game in town, according to a new report from Echelon Wealth Partners analyst Rob Goff, who writes that gamblers and casinos are turning to e-sports as a way to fill the void.

The coronavirus pandemic has done a number on many sectors of the economy but perhaps nowhere is more of a ghost town than major league sports, leaving literally billions of fans with nothing to cheer for aside from computer simulations featuring their favourite teams and players and, of course, an end to the health crisis itself.

But where traditional sports are now dark, eSports have become the only competitive field available in the age of social distancing. Worldwide now, people are spending more time playing video games than streaming videos or hanging out on social media sties, a revelation that speaks to the relative immunity of e-sports to COVID-19, according to Goff, who pointed out that Verizon reported gaming peak hour traffic increased by 75 per cent during the first week of lockdown in North America versus a 12-per-cent increase in video watching and no bump for social media.

All of which is good news for the gaming companies, Goff said.

“The growth in the esports is acting as a catalyst for the gaming companies,” Goff wrote. “The increase in gaming related spending is close to online grocers driven by ongoing social distancing norms. We have seen double digit growth in the shares of Electronic Arts (+32 per cent), Take-Two Interactive (+27 per cent), Super League Gaming (+31 per cent), Sea Limited (+42 per cent), Bilibili (+50 per cent) in the last one month.”

Goff said that spending on digital games reached its highest monthly total ever in March, with growth in areas such as premium console sales and PC revenue altogether raising digital games revenue to $10.0 billion worldwide for March, up 11 per cent year-over-year and up eight per cent from February. At the same time, Twitter reported a 71 per cent jump in conversation about e-sports and gaming during the second half of March.

The rise in interest has propelled a number of stocks forward, Goff said, including two small Canadian companies, Fandom Sports Media (Fandom Sports Media Stock Quote, Chart, News CSE:FDM) and New Wave Esports (New Wave Esports Stock Quote, Chart, News CSE:NWES) whose share prices have shot up 5x and 2x, respectively.

At the same time, not all e-sports verticals are performing well, as those such as Activision-Blizzard’s Overwatch League depend on in-person events at arenas for their success.

Still, Goff points to gambling and casino interest in e-sports as another takeaway from the COVID-19 era. As evidence, the analyst pointed to Nevada’s Gaming control board which recently approved wagers on five e-sports leagues and the anticipated bet traffic for the three-day virtual NFL draft 2020.

“E-sports betting has benefitted from both sports postponements and temporary casino closures,” Goff wrote. “The lack of traditional sports betting markets has pushed some bookmakers, including William Hill, into esports as a possible solution to recoup lost revenues.”

Source: https://www.cantechletter.com/2020/04/is-the-esports-business-immune-to-covid-19/

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#Palladium Weekly: Uptrend Set To Prevail This Year – SPONSOR: New Age Metals $NAM.ca $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN #PGM

Posted by AGORACOM-JC at 5:27 PM on Tuesday, April 28th, 2020

SPONSOR: New Age Metals Inc. The company owns one of North America’s largest primary platinum group metals deposits in Sudbury, Canada. The company has an updated NI 43-101 Mineral Resource Estimate of 2,867,000 PdEq Measured and Indicated Ounces, with an additional 1,059,000 PdEq Ounces Inferred. Learn More.

Palladium Weekly: Uptrend Set To Prevail This Year

  • We continue to believe that palladium benefits from the tightest fundamental backdrop, with the market likely to post a meaningful deficit in 2020 despite a contraction in automotive demand.
  • The negative seasonality in May-June could lead to some palladium price weakness, which we would view as a buying opportunity.

Thesis

Welcome to Orchid’s Palladium Weekly report, in which we discuss palladium prices through the lenses of the Aberdeen Standard Physical Palladium Shares ETF (PALL).

PALL has come under downward pressure since the start of April, despite a strong performance across the rest of the precious metals space.

The recent underperformance of palladium is driven by three main factors:

  1. Less exposure to South African PGM production disruptions
  2. More sensitivity to the recession in the automotive sector
  3. Less safe-haven demand

However, we continue to believe that palladium benefits from the tightest fundamental backdrop, with the market likely to post a meaningful deficit in 2020 despite a contraction in automotive demand for PGMs.

As a result, we expect the uptrend in PALL to prevail this year and next.

For Q2, we see PALL trading between $170 and $285 per share, implying a risk/reward skewed to the upside.

Source: Trading View, Orchid Research

About PALL

For investors seeking exposure to the fluctuations of palladium prices, PALL is an interesting investment vehicle because it seeks to track spot palladium prices by physically holding palladium bars, which are located in JPM vaults in London and Zurich. The vaults are inspected twice a year, including once randomly.

The Fund summary is as follows:

PALL seeks to reflect the performance of the price of physical palladium, less the Trust’s expenses.

Its expense ratio is 0.60%. In other words, a long position in PALL of $10,000 held over 12 months would cost the investor $60.

Liquidity conditions are poorer than that for platinum. PALL shows an average daily volume of $3 million and an average spread (over the past two months) of 0.33%.

Speculative positioning

Source: CFTC, Orchid Research

The speculative community slashed by the equivalent of ~2 koz its net long position in NYMEX palladium in the week to April 21, according to the CFTC. The NYMEX palladium price sold off by 6.3% over the corresponding period, suggesting the presence of additional selling pressure stemming from the OTC market and the physical market.

Since the start of the year, the speculative community has sold the equivalent of 1.053 moz of net long positions in NYMEX palladium, representing around 15% of annual supply. Despite this, the NYMEX palladium price is still up nearly 6% YTD. This highlights the fundamental strength in the physical market.

Because palladium’s spec positioning is very light (the net spec length is at just 10% of open interest), there is plenty of room for speculative buying pressure in case of a positive swing in sentiment among the speculative community.

Implications for PALL: The current spec positioning in NYMEX palladium is a potential bullish force for palladium prices due to the ample dry powder available to deploy among the speculative community. A renewed wave of spec buying in NYMEX palladium would push the NYMEX palladium price much higher, thereby boosting PALL in the process.

Investment positioning

Source: Orchid Research

ETF investors bought around 3 koz of palladium in the week to April 24, marking the 2nd week of net buying.

Given the weakness in automotive demand for palladium due to the COVID-19 crisis, the re-emergence of palladium ETF buying could help underpin the uptrend in the NYMEX palladium price. That said, we contend that it is too early to assert that a sustained positive change in investor sentiment toward palladium has occurred this month.

ETF investors have sold roughly 193 koz since the start of the year, marking a 28% decline in palladium ETF holdings.

Once again, despite the contraction in ETF demand for palladium, the NYMEX palladium price is up on the year. This shows the extent to which the physical palladium market is tight.

Implications for PALL: A resumption of ETF inflows in palladium would be bullish for the NYMEX palladium price and thus PALL.

Automotive demand

Last week, we discussed the supply side of the palladium market. This week, we discuss the outlook for automotive demand for palladium.

Source: Johnson Matthey

Palladium demand from the automotive industry represents around 85% of gross palladium demand, according to Johnson Matthey.

JP Morgan predicts a contraction of 13% in global light vehicle production this year, including a contraction of 25% YoY in the first quarter. In Q1, JP Morgan estimates that Chinese production contracted by 50% YoY while production dropped by 17% YoY both in North America and Europe.

This would translate into a decline of roughly 7% in automotive demand for palladium this year.

Source: JPM

Implications for PALL: The contraction in automotive demand for palladium should be largely offset by the contraction in palladium mine supply in 2020. As such, the palladium market is likely to remain in a meaningful deficit this year and post an even deeper deficit next year. As the fundamental tightness in the physical palladium market is set to prevail, we believe that the uptrend in PALL is intact for this year and next.

Closing thoughts

We expect the uptrend in PALL to prevail in 2020 and next year, principally because the palladium market is expected to post a meaningful deficit in spite of the recession in the automotive industry.

The extremely low level of visible inventories is likely to intensify the positive impact on palladium prices.

Given the negative seasonality in May-June, we stand ready to buy the dips in case of a retest of the recent lows.

For Q2, we see PALL trading between $170 and $285 per share, implying a risk/reward skewed to the upside.

Source: https://seekingalpha.com/article/4340578-palladium-weekly-uptrend-set-to-prevail-this-year

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Else Nutrition $BABY.ca Announces Filing of Preliminary Base Shelf Prospectus $MAT $KMB $BMY $ABT $WYE

Posted by AGORACOM-JC at 12:25 PM on Tuesday, April 28th, 2020
  • Filed its preliminary base shelf prospectus
  • Filing of the Shelf Prospectus, when made final, will allow the Company to qualify the distribution by way of prospectus in British Columbia, Alberta and Ontario of up to C$20,000,000 of common shares, warrants to purchase common shares, units, or any combination thereof, during the 25-month period that the Shelf Prospectus is effective

Not for Distribution in the U.S. or to U.S. Newswire Services

VANCOUVER, BC / April 28, 2020 / Else Nutrition Holdings Inc. (the “Company” or “Else Nutrition” or “Else“) (TSXV:BABY) (OTCQB:BABYF) is pleased to announce that today it has filed its preliminary base shelf prospectus (the “Shelf Prospectus“) with the British Columbia Securities Commission, the Alberta Securities Commission and the Ontario Securities Commission. A copy of the Shelf Prospectus can be found on the Company’s SEDAR profile at www.sedar.com.

The filing of the Shelf Prospectus, when made final, will allow the Company to qualify the distribution by way of prospectus in British Columbia, Alberta and Ontario of up to C$20,000,000 of common shares, warrants to purchase common shares, units, or any combination thereof, during the 25-month period that the Shelf Prospectus is effective. Should the Company decide to offer securities during this period, the specific terms, including the use of proceeds from any offering, will be set forth in a related prospectus supplement to the Shelf Prospectus, which will be filed with the applicable securities commissions.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the qualification under the securities laws of any such jurisdiction.

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, plant-based, non-soy, formula is a clean-ingredient alternative to dairy-based formula. Else Nutrition GH Ltd. (formerly INDI) 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 on the TSX Venture Exchange under the trading symbol “BABY” and is quoted on the US OTC Markets QB board under the trading symbol “BABYF”. The Company’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 further information, please contact:

Ms. Hamutal Yitzhak, CEO of Else Nutrition
Email: [email protected]

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

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

The securities described herein have not been registered under the U.S. Securities Act or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements under the U.S. Securities Act and any applicable state securities laws.

Certain information contained herein constitutes “forward-looking information” under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the Shelf Prospectus. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “will” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including: the receipt of all necessary regulatory approvals, use of proceeds from the financing, capital expenditures and other costs, and financing and additional capital requirements. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward looking information. The Company will not update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws.

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