Posted by AGORACOM-JC
at 3:21 PM on Wednesday, March 20th, 2019
Investment Highlights
Kenbridge property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper
17.5 (21.8 fully diluted) percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property
Kenbridge Ni Project (ON, Canada)
Advanced stage deposit remains open in three directions, is
equipped with a 623m deep shaft and has never been mined.
Preliminary Economic Assessment completed and updated returned robust project economics and operating costs including a NPV of C$253M and cash costs of US$3.47/lb of nickel net of copper credits.
Plans for Kenbridge include updating PEA,
advancing the project through to feasibility and exploring the open
mineralization at depth
FULL DISCLOSURE: Tartisan Nickel Corp. is an advertising client of AGORA Internet Relations Corp.
Posted by AGORACOM-JC
at 11:20 AM on Wednesday, March 20th, 2019
SPONSOR: New Age Metals Inc. (TSX-V: NAM) owns one of North America’s largest primary platinum group metals deposit in Sudbury, Canada. Learn More.
NAM: TSX-V
———————
Palladium prices hit yet another fresh record high Tuesday, topping $1,600 an ounce for the first time, and traders are looking for still more gains in a market described as tight.
“Palladium has rapidly run on a broad supply shortage, seeing prices rise almost 90% since the bull run accelerated from August last year,†said a research note from commodities brokerage SP Angel.
Palladium, historically the cheapest of the precious metals, has
raced to large price premiums over both gold and platinum. As of 10:08
a.m. EDT, spot palladium was trading up $14.20 to $1,590.55 an ounce
after peaking overnight at $1,601.45.
“Palladium has rapidly run on a broad supply shortage, seeing prices
rise almost 90% since the bull run accelerated from August last year,â€
said a research note from commodities brokerage SP Angel.
One of the most recent drivers of higher prices is news reports that
Russia is planning to stop exports of scrap precious metals from May to
November. Along with South Africa, Russia is one of two largest
producers of palladium in the world.
The worries about supplies come at a time when automotive demand for
palladium in catalytic converters has been robust. Even when car sales
weaken, analysts point out that yet another factor is boosting demand –
increased loadings of metal in each vehicle in order to meet more
stringent anti-emissions regulations in a number of key nations.
One U.S. desk trader commented that time will tell whether the Russia
development will have a meaningful impact on palladium, but
nevertheless said that “nerves are fragile,†and thus market
participants feel most comfortable holding long, or bullish positions.
“Availability of metal is very scarce,†Afshin Nabavi, head of trading at trading house MKS (Switzerland) SA., told Kitco News.
Still, he added, the continued backwardation is not as dramatic as it
was a month ago. Backwardation in any commodity occurs when nearby
prices are more expensive than deferred contracts, showing that users
are willing to pay a premium in their efforts to get the commodity right
away.
“In addition to the growing supply angst, large automakers have
announced price cuts to their vehicles sold in China after the nation
announced that it will reduce the VAT [value-added] tax by three points —
spurring hopes that car sales in the Middle Kingdom, which have been
horrible of late, could see a path towards recovery,†said a research
note from TD Securities.
Analysts with Commerzbank attribute much of palladium’s strength to speculative buying interest.
Johnson Matthey last month issued a report saying that the market
remained in a supply/demand deficit in 2018. The firm reported record
demand of 8.66 million ounces for the metal in automotive catalysts and
also strong consumption by the chemicals industry.
Some of the demand was met by disinvestment from exchange-traded
funds, Johnson Matthey said. However, with ETFs holding only 730,000 at
the end of 2018, compared to nearly 3 million at their peak in 2014,
there is not enough metal to bridge the gap between industrial demand
and supplies, Johnson Matthey said. Thus, the deficit in the palladium
market is likely to “widen dramatically in 2019,†the firm said.
“Excluding investment, the underlying ‘structural’ deficit in
palladium is forecast to approach 1 million ounces in 2019; even if all
remaining ETF holdings were liquidated, this would not be sufficient to
fill the shortfall,†Johnson Matthey said.
Gero and Nabavi are among those who look for more gains.
Nabavi commented that the $1,600 area might act as resistance for a
while. But if this is breached, “we could head to much higher levels,â€
he said. This especially will be the case as long as there are not new
sources of supply, but demand remains robust, he added.
Some analysts have even suggested that $2,000 an ounce is possible,
Nabavi said, but he added that this will “take a bit of time.†He
described the price rise as having order on the charts, with prices
coming back to fill any chart gaps that get left behind.
“I expect more of the same,†Gero told Kitco News. “I expect
tightness. I expect continued higher prices as we see less bars coming
to the [New York Mercantile) Exchange for delivery.â€
Palladium tends to end up in “sponge,†a powdery/grainy form that can
be used by industry, he explained. And, he continued, strong demand is
coming from China for both batteries and automobiles.
Tags: palladium, PGM, stocks, tsx, tsx-v Posted in New Age Metals | Comments Off on New Age Metals Inc. $NAM.ca – Record-Setting Palladium Outshines Gold, Other Precious Metals $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN
Posted by AGORACOM-JC
at 10:00 AM on Wednesday, March 20th, 2019
SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by
legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based
venture capital firm that only invests in best of breed small-cap
companies which are both defensible and mass scalable. More than just
lip service, Inwentash has financed many of Canada’s biggest small-cap
exits. Click Here For More Information.
——————-
Follow The Money – Why Investment In Blockchain Has Never Been Higher
Fortune 1000 companies are not the only ones taking advantage of
savvy data deployment. Small businesses are also using databases to
manage inventory and cash flow, market to customers, and carry out
countless other tasks.
With most businesses reliant on databases, staying ahead of the
data-technology curve has become a central issue for executives.
According to the New Vantage study, almost 80% of executives surveyed
expressed concern about disruption or displacement from competitors due
to data-technology advantages. And well over half identified inability
to compete on data, lack of agility, and data-driven competitors as the
primary data-related threats to their organization.
The promise of blockchain
Most people don’t think of data management when they hear the word
“blockchain.†The word tends to evoke cryptocurrencies and Bitcoin’s
attention-grabbing price swings. However, blockchain technology is
currently being adopted at all levels of the business environment.
That’s why investment in the field is still at an all-time high by
private investment funds like the New Global Capital Investor Fund,
founded in 2017 and still one of the largest institutional investors of
blockchain technologies. They have been a key contributor to a number of
leading projects including Zilliqa, Ontology, NKN, Oasis, Mainframe,
Certik, Bluzelle, and Iotex.
Roger Lim, Founding Partner at NGC said, “We’ve been concentrating on
low hanging fruits in blockchain for a while, anyone who can
potentially solve a problem. But now we’re interested to hear from good
projects where the total metrics make sense, the team makes sense and
they have a great strategy.â€
Right now, forty per cent of investment in blockchain by NGC is
heading to Greater China where blockchain is booming, but they are still
open to all with a good idea. Open to lending from as little as
$200,000 to $10million, the company wants to spread the word that there
are still great funding opportunities out there. Lim added, “We go off
to where the talent is, not just because it’s in Silicon Valley, we
don’t portion off our funds. We look globally and we go after the
talent.â€
Profile rising fast, but not enough
Despite the interest of investors, blockchain is still relatively
young in the mainstream market and actual deployment of blockchain
solutions is not yet widespread. This relatively young technology has
come a long way since its inception in 2008, but only about a quarter of
the companies PwC surveyed had up-and-running blockchain projects.
Though blockchain’s profile is rising fast, the technical expertise
needed to create blockchain platforms and smart contracts is still hard
to come by in enterprise business settings. Travis Reeder, CTO of
blockchain firm GoChain, sees this lack of expertise as a significant
obstacle.
He said, “If you’re an IBM or a JP Morgan, you might have the
resources to develop the kind of in-house expertise needed to compete
with the startups going after your industry in Silicon Valley. But
there’s a huge group of companies who can’t just set up a dedicated
blockchain division. These businesses understand what blockchain could
do for them, but don’t have access to the tools and knowledge they need
to build actual solutions. A lot of companies encounter the related
problem that there are many options to choose from, but they don’t know
which to choose or where to start.â€
Now Reeder hopes to remove obstacles to participation in the
blockchain revolution by investing in widespread knowledge. They offer
partner companies blockchain-based training, workshops, platform design,
and other services. Their aim is to provide the human capital that is
as essential to the technology’s success as the technical
infrastructure. These cost-effective consulting services are popular for
companies to develop and maintain tailor-made blockchain business
strategies and tools. With their own public blockchain that anyone can
use to build smart contracts and applications, as well as GoChain
private installation, it allows for all possibilities.
Still, a few common concerns when it comes to blockchain are slow
transactions and vast amounts of energy needed, but with 1300
transactions per second GoChain is certainly holding its own against the
big guns. It’s 100 times faster than Ethereum for example.
A market for loans
And while the money is flowing freely into the blockchain, there are
also possibilities to dole it out from firms such as Forest Park
Advisors. They are creating the first tradeable syndicated loan market
via security token issuances. The firm is the brainchild of Steve Shaw,
investment manager at Clear Harbor Asset Management, who was previously a
managing director at Credit Suisse First Boston, co-heading the firm’s
trading and distribution franchise. Steve originated some of the
earliest Credit Default Swaps at Credit Suisse product prior to the
recession. Combined with the rest of the team, Forest Park Advisors has
over 60 years of Wall Street experience and are intent on using their
decades of experience to issue the first generation of real estate
backed structured debt security tokens. With up to $200million for a
single loan, this is a wealthy market.
If the public could be convinced, then there are plenty of opportunities to spread the wealth.
Posted by AGORACOM-JC
at 9:39 AM on Wednesday, March 20th, 2019
Significant Subscriber Growth After Acquisition
Operations Sports LLC, an Enthusiast owned digital property, has reached one million subscribers across its online Esports and sports video game community.
Since the acquisition, Operation Sports has grown its base by 100,000 engaged and loyal subscribers from 900,000 to 1 million
TORONTO, March 20, 2019 — Enthusiast Gaming Holdings Inc. (TSXV: EGLX) (OTCQB: EGHIF), (“Enthusiast†or the “Companyâ€), a gaming company building the largest community of authentic gamers, is excited to announce that Operations Sports LLC (“Operation Sportsâ€), an Enthusiast owned digital property, has reached one million subscribers across its online Esports and sports video game community.
Operation Sports a leading online website for Esports and sports
video game content was acquired by Enthusiast Gaming in November 2018.
Since the acquisition, Operation Sports has grown its base by 100,000
engaged and loyal subscribers from 900,000 to 1 million. Enthusiast
continues to focus on growing its subscriber base across the entire
platform to provide greater engagement to its audience. Having engaged
registered users also allows Enthusiast to better understand its user
base and therefore provide content and advertising directly catered to
their interests.
With the global rise of Esports, Operation Sports has become a
leading voice and forum for Esports and sports video game fans to stay
on top of their favourite teams and players. Operation Sports provides
detailed discussions and content surrounding games such as Madden19,
NBA2K, NHL19, MLB19 and FIFA19 allowing fans to discuss game strategy,
new product launches, and league and team banter. Esports viewership is
growing, and with projections of 84 million viewers by 2021, higher than
the 79 million MLB viewers and 63 million NBA viewers, Operation Sports
is positioning itself as the leading online content destination for
fans.(1)
Steve Noah, Founder and Editor in Chief of Operation Sports, commented, “Having
seen the Operation Sports community grow from its infancy is exciting.
With the emergence of Esports and the emphasis on innovative content
development, Operation Sports is positioned as a leader in the
community. The incredible dedication and contributions of our writers,
community, and the infrastructure of Enthusiast Gaming, have contributed
greatly to our success to date. I look forward to our continued growth
in 2019, and reaching the next million subscribers on our platform.â€
Menashe Kestenbaum, CEO of Enthusiast, commented, “We
are excited to see Operation Sports continue to thrive as an Enthusiast
owned digital property. Our goal is to provide all our subscribers with
a unique user experience across all our communities, and the success of
Operation Sports community forum reconfirms the importance of having
loyal, engaged fans.†He continued, “The success and growth of
Operation Sports can also be largely attributed to the unique, creative
curated content provided to its visitors. Congratulations to the
Operations Sports team on your continued growth!â€
Founded in 2014, Enthusiast is the fastest-growing online community
of video gamers. Through the Company’s unique acquisition strategy, it
has a platform of over 80 owned and affiliated websites and currently
reaches over 75 million monthly visitors with its unique and curated
content and over 50 million YouTube visitors. Enthusiast also owns and
operates Canada’s largest gaming expo, Enthusiast Gaming Live Expo,
EGLX, (eglx.ca) with over 55,000 people attending in 2018. For more information on the Company, visit www.enthusiastgaming.com.
CONTACT INFORMATION:
Investor Relations: Julia Becker Head of Investor Relations & Marketing [email protected] (604) 785.0850
This news release contains certain statements that may constitute
forward-looking information under applicable securities laws. All
statements, other than those of historical fact, which address
activities, events, outcomes, results, developments, performance or
achievements that Enthusiast anticipates or expects may or will occur in
the future (in whole or in part) should be considered forward-looking
information. Such information may involve, but is not limited to,
comments with respect to strategies, expectations, planned operations
and future actions of the Company. Often, but not always,
forward-looking information can be identified by the use of words such
as “plans”, “expects”, “is expected”, “budget”, “scheduled”,
“estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or
variations (including negative variations) of such words and phrases, or
statements formed in the future tense or indicating that certain
actions, events or results “may”, “could”, “would”, “might” or “will”
(or other variations of the forgoing) be taken, occur, be achieved, or
come to pass. Forward-looking information is based on currently
available competitive, financial and economic data and operating plans,
strategies or beliefs as of the date of this news release, but involve
known and unknown risks, uncertainties, assumptions and other factors
that may cause the actual results, performance or achievements of
Enthusiast to be materially different from any future results,
performance or achievements expressed or implied by the forward-looking
information. Such factors may be based on information currently
available to Enthusiast, including information obtained from third-party
industry analysts and other third-party sources, and are based on
management’s current expectations or beliefs regarding future growth,
results of operations, future capital (including the amount, nature and
sources of funding thereof) and expenditures. Any and all
forward-looking information contained in this press release is expressly
qualified by this cautionary statement. Trading in the securities of
the Company should be considered highly speculative.
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.
The securities of the Corporation have not been and will not be
registered under the United States Securities Act of 1933, as amended
and may not be offered or sold in the United States absent registration
or an applicable exemption from the registration requirement. 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 the securities in any
jurisdiction in which such offer, solicitation or sale would be
unlawful.
Tags: egaming, esports, stocks Posted in Enthusiast Gaming Holdings Inc. | Comments Off on Enthusiast Gaming $EGLX.ca Recent Acquisition, Operation Sports, Reaches 1 Million Subscribers $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca
Posted by AGORACOM-JC
at 8:11 AM on Wednesday, March 20th, 2019
2018 drilling program a total success, expanding the size of the McKenzie Break deposit and confirming its high-grade potential.
Visible gold found in 17 of the 61 holes, including hole MK-18-196,
which intersected 265.00 g/t Au over 0.6 metres, and hole MK-18-216 with
93.80 g/t Au over 0.5 metres
Highlights of the third and last set of results for the 13,945-metre 2018 diamond drilling program:
Hole MK-18-236: 12.60 g/t Au over 1.35 metres, incl. 55.90 g/t Au
over 0.3 metres, and 13.40 g/t Au over 2.0 metres, incl. 26.40 g/t Au
over 1.0 metre
Hole MK-18-231: 15.74 g/t Au over 1.5 metres
Hole MK-18-222: 13.95 g/t Au over 1.0 metre
Hole MK-18-232: 6.84 g/t Au over 2.0 metres, incl. 13.65 g/t Au over 1.0 metre
MONTREAL, March 20, 2019 – MONARCH GOLD CORPORATION (“Monarch” or the “Corporation”) (TSX: MQR) (OTCMKTS: MRQRF) (FRANKFURT: MR7) is pleased to report the third and last set of assay results from the 2018 diamond drilling program at its wholly owned McKenzie Break gold project 25 kilometres north of Val-d’Or, near its Camflo and Beacon mills. The program started in September 2018 and ended in December 2018, with a total of 13,945 metres drilled in 61 holes. The purpose of the program was to explore below the known lenses and on the periphery of the multi-vein Green and Orange zones. Assays have been received for the last 20 holes totalling 5,052 metres of core (see table below and press releases dated February 28, 2019  and March 13, 2019 for a compilation of the 2018 assay results).
“With the solid high-grade results obtained from our 2018 drilling
program, we have upgraded the status of McKenzie Break as one of our
prime advanced exploration projects,” said Jean-Marc Lacoste,
President and Chief Executive Officer of Monarch. “The program
delivered beyond our expectations, enabling us to establish that the
deposit remains open to the west, east, north and at depth and continues
to hold excellent high-grade gold potential (see plan view and longitudinal).
In fact, the next resource estimate has the potential to expand the
underground deposit by 250 metres to the east, 100 metres to the north
and 50 metres to the west. There is still a lot of exploration work to
be done to fully assess the size and magnitude of this deposit, which
remains largely underexplored. We are presently analyzing the results of
the 2018 drilling and planning the follow-up program for 2019.”
Hole MK-18-236 returned 12.60 g/t Au over 1.35 metres, including
55.90 g/t Au over 0.3 metre at 80 metres below surface. This interval is
65 metres southeast of hole MK-18-210, which returned a grade of 12.50
g/t Au over half a metre from the same horizon as hole MK-18-236,
thereby extending the lens to the east and showing that it is still
open. Hole MK-18-236 also intersected another lens, at a depth of 145
metres from surface, with values of 13.40 g/t Au over 2.0 metres,
including 26.40 g/t Au over 1.0 metre, and 75 metres north, on the same
horizon, hole MK-18-232 returned values of 6.84 g/t Au over 2.0 metres,
including 13.65 g/t Au over 1.0 metre. These two intersections are
connected by hole MK-18-211, 100 metres northwest of hole MK-18-236. The
combination of these three holes on the same horizon will increase the
underground resource in this sector.
Hole MK-18-231, which returned a grade of 15.74 g/t Au over 1.5
metres, is to the north of the planned Green Zone open pit, in the
middle of a triangle of three holes drilled by Monarch in 2018. These
four holes are interpreted as being connected and are on the same
horizon, creating a new lens. The three other holes are an average of 65
metres from hole MK-18-231 and grade an average of 5.42 g/t Au. The
lens lies 200 metres below surface.
Hole MK-18-222 returned a grade of 13.95 g/t Au over 1.0 metre from
68 metres below surface. This intersection is 70 metres northwest of the
Green Zone open pit and will help to increase the underground resource.
Third set of drill results for the McKenzie Break property:
Hole
Length
From
To
Width*
Grade Au
number
(m)
(m)
(m)
(m)
(g/t)
MK-18-222
177
64.1
65.0
0.9
5.14
68.0
69.0
1.0
13.95
102.0
103.0
1.0
4.68
141.0
142.5
1.5
5.40
Including
141.0
141.5
0.5
14.00
MK-18-223
150
20.7
22.6
1.9
6.18
Including
21.6
22.1
0.5
8.99
65.4
66.3
0.9
2.03
69.6
70.6
1.0
3.69
100.5
105.1
4.6
2.18
Including
102.8
103.9
1.1
3.95
122.8
125.3
2.5
2.19
Including
124.0
125.3
1.3
3.17
MK-18-224
210
174.0
178.0
4.0
2.75
Including
177.0
178.0
1.0
6.11
MK-18-225
210
68.0
68.5
0.5
8.11
175.0
176.3
1.3
2.42
MK-18-226
276
244.55
246.5
1.95
3.09
Including
246.0
246.5
0.5
9.58
274.1
275.0
0.9
2.70
MK-18-227
228
101.0
101.5
0.5
3.86
168.7
171.8
3.1
0.89
Including
170.5
171.1
0.6
2.74
MK-18-228
216
34.0
37.0
3.0
2.42
88.0
89.0
1.0
9.37
MK-18-229
243
103.0
104.0
1.0
2.79
196.0
198.0
2.0
1.61
Including
197.0
198.0
1.0
2.39
MK-18-230
270
152.0
153.0
1.0
3.54
175.5
176.2
0.7
2.59
198.0
200.0
2.0
3.84
Including
199.0
200.0
1.0
6.20
MK-18-231
258
197.0
198.5
1.5
17.45
197.0
211.0
14.0
2.38
MK-18-232
252
158.0
160.0
2.0
6.84
Including
159.0
160.0
1.0
13.65
188.0
189.0
1.0
3.25
MK-18-233
247
137.75
138.5
0.75
1.36
MK-18-234
276
234.0
235.8
1.8
7.80
Including
235.0
235.8
0.8
17.30
MK-18-235
269
138.0
139.0
1.0
2.19
244.65
248.0
3.35
3.83
Including
244.65
245.4
0.75
10.60
MK-18-236
288
77.65
79.0
1.35
12.6
Including
77.65
77.95
0.3
55.9
143.0
145.0
2.0
13.40
Including
143.0
144.0
1.0
26.40
236.0
236.55
0.55
3.10
277.0
279.0
2.0
2.36
281.0
282.0
1.0
2.05
MK-18-237
300
249.7
250.7
1.0
2.42
261.7
262.25
0.55
2.67
MK-18-238
300
172.6
173.3
0.7
2.26
228.0
228.5
0.5
2.19
259.8
261.0
1.2
2.72
MK-18-239
306
199.0
200.0
1.0
3.57
204.4
205.5
1.1
2.10
MK-18-240
324
176.8
178.3
1.5
5.90
Including
176.8
177.3
0.5
17.5
182.8
183.7
0.9
4.09
MK-18-245
252
123.4
125.3
1.9
1.07
*The width shown is the core length. True width is estimated to be 90-100% of the core length.
McKenzie Break is a high-grade, multiple-narrow-vein gold deposit
hosted in the dioritic Pascalis batholith and underlain by porphyritic
diorite and mafic and felsic volcanic rocks. On June 14, 2018,
the Corporation reported an NI 43-101 pit-constrained resource of
48,133 ounces in the Indicated category and 14,897 ounces in the
Inferred category on the property, as well as an underground resource of
53,448 ounces in the Indicated category and 49,130 ounces in the
Inferred category, for a total of 165,608 ounces of gold (Source: NI
43-101 Technical Report on the McKenzie Break Project, April 17, 2018, Alain-Jean Beauregard, P.Geo., and Daniel Gaudreault, Eng., of Geologica Groupe-Conseil Inc., and Christian D’Amours, P.Geo., of GeoPointCom Inc.).
Sampling normally consists of sawing the core into equal halves along
its main axis and shipping one of the halves to the ALS Minerals
laboratory in Val-d’Or, Quebec for assaying. The samples
are crushed, pulverized and assayed by fire assay, with atomic
absorption finish. Results exceeding 3.0 g/t Au are re-assayed using the
gravity method, and samples containing visible gold grains are assayed
using the metallic sieve method. Monarch uses a comprehensive QA/QC
protocol, including the insertion of standards, blanks and duplicates.
The technical and scientific content of this press release has been reviewed and approved by Ronald G. Leber, P.Geo., the Corporation’s qualified person under National Instrument 43-101.
ABOUT MONARCH GOLD CORPORATION
Monarch Gold Corporation (TSX: MQR) is an emerging gold mining
company focused on pursuing growth through its large portfolio of
high-quality projects in the Abitibi mining camp in Quebec, Canada. The Corporation currently owns close to 300 km² of gold properties (see map),
including the Wasamac deposit (measured and indicated resource of 2.6
million ounces of gold), the Beaufor Mine, the Croinor Gold (see video), McKenzie Break and Swanson
advanced projects and the Camflo and Beacon mills, as well as other
promising exploration projects. It also offers custom milling services
out of its 1,600 tonne-per-day Camflo mill.
Forward-Looking Statements The forward-looking
statements in this press release involve known and unknown risks,
uncertainties and other factors that may cause Monarch’s actual results,
performance and achievements to be materially different from the
results, performance or achievements expressed or implied therein.
Neither TSX nor its Regulation Services Provider (as that term is
defined in the policies of the TSX accepts responsibility for the
adequacy or accuracy of this press release.
Tags: #mining, gold, monarch, monarques, tsx, tsx-v Posted in All Recent Posts, Monarques Gold | Comments Off on Monarch Gold $MQR.ca Intersects 12.60 g/t Au over 1.35 metres, including 55.90 g/t Au over 0.3 metres, at its Mckenzie Break Gold Project $GDX.ca $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX
Posted by AGORACOM-JC
at 8:06 AM on Wednesday, March 20th, 2019
Announced that MCOA has entered into a letter of intent (LOI) with Natural Plant Extract of California (NPE) and its subsidiary, Northern Lights Distribution, LLC (NLD),
To acquire a 20% ownership interest in NPE, and to establish a Joint Venture (JV) to operate a California cannabis delivery service named Viva Buds.
ESCONDIDO, Calif., March 20, 2019 — via NetworkWire — MARIJUANA COMPANY OF AMERICA INC.(“MCOA†or the “Companyâ€) (OTC: MCOA), an innovative hemp and cannabis corporation, is pleased to announce that MCOA has entered into a letter of intent (LOI) with Natural Plant Extract of California (NPE) and its subsidiary, Northern Lights Distribution, LLC (NLD), to acquire a 20% ownership interest in NPE, and to establish a Joint Venture (JV) to operate a California cannabis delivery service named Viva Buds.
Under the terms of the LOI, MCOA has committed to contribute
$2,000,000 in total cash to the project, as well as common shares of the
Company with a value of $1,000,000. In exchange, MCOA will own a 20%
equity position in NPE. In addition, both NPE and MCOA will form a JV to
operate Viva Buds and will share in the profits on a 50/50 basis.
NPE has obtained both state and city licenses for volatile
manufacturing, distribution and retail delivery of cannabis products.
NPE has a long-term lease with favorable terms for its location at 11116
Wright Road, Lynwood, CA. NPE will manage all operations pertaining to
distribution, manufacturing, and delivery of cannabis products, and MCOA
will provide capital, consulting and marketing services. NPE is
currently generating revenue through its distribution business segment
under NLD, which it launched in 2018 and is undergoing construction of
its manufacturing lab since it recently obtained all of the necessary
state and local permits.
As part of the JV with NPE’s distribution company NLD, MCOA formed a
wholly owned subsidiary called Viva Buds Inc. to serve as the marketing
arm for NLD’s new retail delivery service in California. The Company
will initially focus on delivering cannabis products to Southern
California and then rollout to other cities statewide. NLD will
contribute up to $300,000 in inventory of cannabis products to assist in
the start-up of this venture and will oversee all delivery and
fulfillment of orders. MCOA will provide a vast array of marketing
services and technology to promote and build its Viva Buds brand.
The parties are in the process of conducting due diligence and completing a material definitive agreement.
Donald Steinberg, CEO of MCOA stated, “This partnership will enable
MCOA to establish itself as a major player in the Cannabis arena. All
licenses are in place to allow for vertical integration from farm to
consumer. We are excited to expand our business model to now include
marketing our new THC brand Viva Buds through our fully licensed partner
NPE. The NPE team has a great deal of industry knowledge and has an
industry disruptive business model. This is a huge strategic move for
MCOA!â€
Alan Tsai, NPE’s CEO stated, “We are excited to become partners with
MCOA as it will help us to finalize the development of our manufacturing
plant faster than planned. We are aggressively focused on maximizing
our market share by securing distribution, manufacturing and co-packing
contracts with reputable brands throughout California. We believe that
this is a crucial year for expansion in the cannabis industry in
California and it’s our goal to position our company as a key player in
the industry in multiple verticals.â€
About Natural Plant Extracts of California NPE
is a fully licensed cannabis manufacturing, distribution and non-store
front retail delivery. The Company has secured its licenses with the
state of California and city of Lynwood, CA. For more information about
the Company, please visit its website at https://nldistribution.com
The owners and founders of NPE are marijuana industry veterans with
decades of experience in establishing retail, manufacturing and
distribution of cannabis in California, including obtaining the first
retail dispensary licenses in Los Angeles, CA.
About Marijuana Company of America, Inc. MCOA is a corporation which participates in: (1) product research and development of legal hemp-based consumer products under the brand name “hempSMART™â€, that targets general health and well-being; (2) an affiliate marketing program to promote and sell its legal hemp-based consumer products containing CBD; (3) leasing of real property to separate business entities engaged in the growth and sale of cannabis in those states and jurisdictions where cannabis has been legalized and properly regulated for medicinal and recreations use; and, (4) the expansion of its business into ancillary areas of the legalized cannabis and hemp industry, as the legalized markets and opportunities in this segment mature and develop.
About Our hempSMART Products Containing CBD The
United States Food and Drug Administration (FDA) has not recognized CBD
as a safe and effective drug for any indication. Our products containing
CBD derived from industrial hemp are not marketed or sold based upon
claims that their use is safe and effective treatment for any medical
condition as drugs or dietary supplements subject to the FDA’s
jurisdiction.
Forward Looking Statements This
news release contains “forward-looking statements” which are not purely
historical and may include any statements regarding beliefs, plans,
expectations or intentions regarding the future. Such forward-looking
statements include, among other things, the development, costs and
results of new business opportunities and words such as “anticipate”,
“seek”, intend”, “believe”, “estimate”, “expect”, “project”, “plan”, or
similar phrases may be deemed “forward-looking statements” within the
meaning of the Private Securities Litigation Reform Act of 1995. Actual
results could differ from those projected in any forward-looking
statements due to numerous factors. Such factors include, among others,
the inherent uncertainties associated with new projects, the future U.S.
and global economies, the impact of competition, and the Company’s
reliance on existing regulations regarding the use and development of
cannabis-based products. These forward-looking statements are made as of
the date of this news release, and we assume no obligation to update
the forward-looking statements, or to update the reasons why actual
results could differ from those projected in the forward-looking
statements. Although we believe that any beliefs, plans, expectations
and intentions contained in this press release are reasonable, there can
be no assurance that any such beliefs, plans, expectations or
intentions will prove to be accurate. Investors should consult all of
the information set forth herein and should also refer to the risk
factors disclosure outlined in our annual report on Form 10-12G, our
quarterly reports on Form 10-Q and other periodic reports filed from
time-to-time with the Securities and Exchange Commission. For more
information, please visit www.sec.gov.
For more information, please visit the Company’s websites at:
Posted by AGORACOM-JC
at 9:15 PM on Tuesday, March 19th, 2019
SPONSOR: Good Life Networks (GOOD:TSX-V)
Video advertising is the future! Company’s A.I. makes 80,000
calculations / second, targeting 750 million users to deliver higher
prices and volume. Company announced combined trailing 12 month revenue
at just over $40 Million, $7.9M EBITDA, $3 Million net income. Click here for more information.
GOOD: TSX-V
—————————
By: Jose Pacheco
The competitive diversity scenario i.e. all-against-all will greatly intensify across the global television advertising market throughout 2019.
Global platforms with bottomless pockets will quickly penetrate local
markets; local traditional players will produce and license premium
content for big platforms; technology will accelerate the
disintermediation from large producers and rights holders to audiences;
successful subscription models will be accompanied by new
non-advertising formulas; traditional and virtual aggregators with tools
for content discovery
will lead to increased fragmentation, and emerging content producers
and distributors designing and bundling targeted proposals for thematic content and audience niches.
All of this will play in a ‘muddy pitch’ within Europe. There will be
problems with audience measurement, demanding regulations for the use
of personal data, concerns around transparency and ad fraud, convulsed advertising markets, and heterogeneous social, cultural and political environments.
Within this highly complex scenario, we will find interesting emergent trends across European markets for programmatic advertising, and AdTech advanced solutions for television.
Below are three core trends to keep an eye out for:
1. IPTVs
Telecommunications companies that are well positioned in distribution
and aggregation can start experimenting without too many restrictions
or opportunity costs, and with predominant positions (direct access to
homes, high penetration, in-house content, advertising money where to
diversify its current businesses, innovation with which to differentiate
competitively, etc.).
In Spain, key players in this field are likely to be involved in the
TV offering of the large IPTV operators, such as Movistar, Vodafone,
Orange and Euskaltel, benchmarking programmatic and addressable ad
solutions, which are already developed in the United States and the
United Kingdom.
The local broadcasters and content producers, as original sources of
content, should assume a collaborative role in these models, and take
full advantage of the value of shared experimentation —eEmerging
advanced advertising monetization of a currently non-efficient
distribution channel, access to technology and new processes and
acquisition of knowledge.
2. OTTs
There is a clear opportunity for the development of an
advertising-based OTT market (Ad Supported Video or ASV OTT) for several
reasons:
The focus around the subscription monetization for this distribution
model, the loss of an important share of the free ad-inventory dragged
by the content licensed to the OTTs with SVoD models, the possibilities
of thematic segmentation of product niches and profiling of targets due
to the technology, more and more advanced and cost-effective
distribution technologies, and, of course, relevant AdTech solutions
already in place: programmatic, dynamic, Artificial Intelligence
and addressable advertising based on data, new formats and models
(rewarded video for example) and anti-fraud controls (current tools and
new to explore, as blockchain).
As is happening in the United States, OTT proposals focused on the
advertising market are foreseeable across a wide variety of models:
premium and niche content, generalistic and segmented targets, pure and
hybrid (freemium) monetization, local and global approaches.
3. Broadcasters
In this market, the development of programmatic and advanced
advertising on television does not seem that it could be led by local
traditional TV operators.
This is due to complex (and decreasing) main advertising markets,
limited premium inventories for non-advertising models (subscription,
production and licensing for platforms, etc.), limited technological
capabilities and resources, old-business organizations and structures,
short-term objectives, defense of traditional models, local focus, etc.
Therefore, in this area, it is interesting to follow up on one of the
few announced global initiatives, the pan-European platform of the RTL
Group, which although with a very complex integration (global approach
with specific local implementations), is planned from a strategy that
responds to two of the challenges: on the one hand, a strong
technological component (mainly via acquisitions as SpotX, Smartclip,
Yospace and several MCVNs) and, on the other hand, an international
approach to the market.
Posted by AGORACOM-JC
at 9:00 PM on Tuesday, March 19th, 2019
SPONSOR: Enthusiast Gaming Holdings Inc.
(TSX-V: EGLX) Uniting gaming communities with 80 owned and affiliated
websites, currently reaching over 75 million monthly visitors. The
company partial 2018 reported revenue of $7.4 million representing a
625% increase over the same period in 2017.
Competitive video gaming is a rapidly growing, multibillion-dollar
industry, presenting new opportunities for marketers to reach and engage
with fans worldwide. Esports ad revenues in the US are poised to
surpass $200 million by next year, according to our first forecast on
esports and gaming revenues.
We define esports as organized gaming competitions among professional
players and teams. Digital ad revenues from esports in the US will grow
25% to $178.1 million this year. There are multiple revenue streams
connected to esports, including advertising, sponsorships, media rights,
ticket sales to live events and merchandising.
“Esports was once an under-the-radar activity for enthusiasts of
multiplayer online games,†eMarketer principal analyst Paul Verna said.
“Just a few years later, it’s a multimillion-dollar business in the US,
with implications for game developers, players, leagues, teams, live
venues, streaming platforms, TV networks, audiences and marketers.â€
Audiences for esports are large and growing. This year, 30.3 million
people in the US will watch an esports event at least once a month, up
more than 18% over last year. We expect esports viewers to grow by more
than 50% between now and 2023, reaching 46.2 million at that time.
Esports executives consistently cite YouTube and Twitch, which tend
to garner younger audiences, as the leading platforms for esports
viewing in the US.
“Esports fans have unique characteristics that make them more elusive
but potentially more lucrative for marketers,†Verna said. “They are
typically young, TV-averse millennials who have higher-than-average
disposable income. They are open to marketing messages that are embedded
in the esports experience, whether those are sponsorships, branded
videos, in-game integrations, influencer-driven endorsements or even
traditional ads.â€
Esports age demographics vary by game, league and tournament, but
millennials are among the most active members of the viewing population.
Tags: egaming, esports, LOL Posted in All Recent Posts, Enthusiast Gaming Holdings Inc. | Comments Off on Enthusiast Gaming $EGLX.ca – US Esports Ad Revenues Will Grow 25% in 2019, Will cross $200 million by 2020 $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca
Posted by AGORACOM-JC
at 8:57 PM on Tuesday, March 19th, 2019
Company is working with Canntop AI to identify insights for improvements to physician recommended treatment plans
“Insights derived from artificial intelligence are beginning to demonstrate how patients in our key markets are talking about or describing their experience and ideas related to cannabis/CBD-based treatments, and even suggesting recommendations about alternative therapies and their effectiveness in treating a wide array of qualifying conditions,” Empower CEO Steven McAuley said in a statement.
Empower owns and operates a vast network of physician-staffed clinics focused on helping patients through medical cannabis
Empower Clinics Inc (OTCMKTS:EPWCF) (CSE:EPW)
told investors Tuesday that the artificial intelligence tools supplied
by Canntop AI, a subsidiary of Datametrex AI Limited, was helping the
medical cannabis company sift through mountains of data to create
“actionable insights,†with the aim of improving patient care.
“Insights derived from artificial intelligence are beginning to
demonstrate how patients in our key markets are talking about or
describing their experience and ideas related to cannabis/CBD-based
treatments, and even suggesting recommendations about alternative
therapies and their effectiveness in treating a wide array of qualifying
conditions,” Empower CEO Steven McAuley said in a statement.
The Vancouver cannabis company said it provided crucial SEO terms and
phrases which Canntop integrated into the artificial intelligence
platform so Empower could get more insights about its two largest
markets in Portland and Phoenix. The whole idea rests on gaining
“actionable insights†on how consumer social data is generating interest
in CBD-based products, alternative pain management, and the use of
cannabis-based therapies, said the company.
“We believe the outcomes of our AI efforts, if successful, could
position the company as an educational leader,†said McAuley. “We plan
to collaborate with the industry with the ultimate goal of improving
patient care.”
Artificial intelligence eliminates tedious data-sorting chores, and
with machines using algorithms, it give them superhuman learning powers.
Ultimately, AI gives companies like Empower, the tools to make faster,
more accurate decisions after acquiring information about patients.
Powerful AI tools change the equation
“Canntop’s powerful AI tools are helping us analyze the substantial
amounts of data in the Empower database and we expect will facilitate
the integration of the additional data we expect to derive from the
proposed acquisition of the Sun Valley Clinic group, that has a combined
165,000 patients,” said McAuley.
Empower has struck a non-binding deal to acquire the business of the
Sun Valley Holdings, which operates a network of medical cannabis and
pain management practices, with clinics in Arizona and Las Vegas as well
as a tele-medicine platform serving California.
Empower utilizes a patient electronic management system that is HIPAA
compliant and provides deep insight to patient care. The company’s
tele-medicine platform also supports remote patients who use its portal
when they are unable to come to a location, but still benefit from a
doctor consultation.
“We are thrilled that Empower chose Canntop AI to be their partner
for their artificial Intelligence needs. This is a great validation for
our business model,†said Michael Frank, Chief Strategy Officer at
Datametrex. “We believe this alliance between Canntop and Empower will
create a strong platform for data analysis in the cannabis sector
especially in the US, providing insurers and health care providers an
ideal solution for patient care.”
Empower is a leading owner and operator of a network of
physician-staffed clinics focused on helping patients improve their
health through the use of medical cannabis.
Separately, Empower has also started selling its own line of
CBD-based products called Sollievo via its network of company-owned
clinics in the US. The offerings include CBD lotion, tinctures, spectrum
oils, capsules, lozenges, patches, topical lotions, gel caps, e-drinks,
hemp extract drops and pet elixir hemp extract drops.
Tags: AI, Hemp, medical Marijuana, stocks, tsx Posted in Empower Clinics Inc. | Comments Off on Empower Clinics $EPW.ca gleans key patient insights from its artificial intelligence pilot program $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca
