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BMO $BMO.ca marks first foray by a major Canadian bank in #marijuana sector with $175M deal $TBP.ca $N.ca $MCOA $AERO $CBDS $CGRW $APH.ca $GBLX

Posted by AGORACOM-JC at 2:42 PM on Thursday, January 18th, 2018

  • Bank of Montreal broke new ground Wednesday for the “Big Five” Canadian lenders with its participation in a major marijuana deal
  • Canopy Growth Corp., Canada’s largest licensed producer of medical cannabis, announced an approximately $175-million bought-deal offering Wednesday

Smiths Falls, Ont.-based Canopy Growth Corp., Canada’s largest licensed producer of medical cannabis, announced an approximately $175-million bought-deal offering Wednesday of a little more than five million shares of the company.

Canopy noted in a release that GMP Securities LP and Bank of Montreal-owned BMO Capital Markets were leading the transaction for the company as joint bookrunners, marking the first time a major Canadian bank has helped head an equity financing for a publicly traded company in the medical marijuana industry.

“This is the first time a major Canadian bank-owned brokerage has participated in a cannabis securities issue,” wrote Chris Damas, editor of the BCMI Cannabis Report.

A spokesperson for Canopy confirmed that the transaction marked the first such foray by a Big Five Canadian bank.

“Although this does not guarantee participation in the cannabis sector by all six of the largest Canadian Schedule 1 banks (BMO had already been a banker for cannabis companies), it is very positive for the sector, all things being equal,” Damas added.

Other major Canadian banks have yet to dive into the country’s growing cannabis sector in the same way BMO has, and are likely hesitant to do so given their significant business in the United States, where marijuana is still illegal under federal law. But some banks, including BMO, have provided business accounts for cannabis companies, according to Bloomberg.

That stance may now be starting to soften amid a fundraising spree in the Canadian marijuana industry, which had been taking place without the country’s biggest banks. Companies involved in the already legal medical pot business have been seeking funding to serve the coming recreational market set to be legalized by the federal government this summer.

Royal Bank of Canada told the Financial Post in a statement last week that it “currently does not provide banking services to companies engaged in the production and distribution of marijuana.”

“We recognize that the legislative landscape is evolving and we are undergoing a review of our policies,” added the lender.

A spokesperson for Bank of Nova Scotia told the Post on Friday that “we must balance that with our commitment to effectively manage all business risks.”

“While we understand there is a robust debate in Canada and abroad, our priority is to manage risk for our customers and stakeholders to ensure they are protected,” said Scotiabank’s Rick Roth in an email. “Should there be significant change to industry legislation or regulation, we will revisit our risk assessment and make risk policy adjustments if warranted.”

Toronto-Dominion Bank and the Canadian Imperial Bank of Commerce either declined to comment or had yet to respond as of Thursday morning.

Canopy said its agreement with the underwriters includes an over-allotment option for them, allowing for the purchase of up to 759,000 additional shares at the offering price of $34.60 per share, worth nearly $26.3 million. The company said that the deal is expected to close on Feb. 7, subject to some conditions, and that the net proceeds will be used “for capital expenditures for capacity expansion, working capital, and general corporate requirements.”

Source: http://business.financialpost.com/investing/bank-of-montreal-marks-first-for-major-canadian-lenders-with-175m-marijuana-deal

Monarques Gold $MQR.ca Produces 5,444 Ounces of #Gold and Generates $10.3 Million in Revenue in Q2 2018 $MUX.ca $SII.ca

Posted by AGORACOM-JC at 9:30 AM on Thursday, January 18th, 2018

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  • Ounces produced at Beaufor up 62% from the prior quarter
  • Monarques produced 5,444 ounces of gold in Q2 2018, a 62% increase over the 3,380 ounces produced in the prior quarter by the previous owner, and a 16% increase over the quarterly average of 4,715 ounces produced during the prior nine-month period.
  • The Corporation recorded revenue of $10.3 million in the second quarter based on an average gold price of $1,612 per ounce (US $1,268) and 5,444 ounces sold combined with toll milling activities.

MONTREAL, Jan. 18, 2018 – MONARQUES GOLD CORPORATION (“Monarques” or the “Corporation”) (TSX.V:MQR) (OTCMKTS:MRQRF) (FRANKFURT:MR7) is pleased to report its production results and highlights for the second quarter ended December 31, 2017 (“Q2 2018”). All amounts are in Canadian dollars unless otherwise indicated.

Q2 2018 Production Highlights

  • Monarques produced 5,444 ounces of gold in Q2 2018, a 62% increase over the 3,380 ounces produced in the prior quarter by the previous owner, and a 16% increase over the quarterly average of 4,715 ounces produced during the prior nine-month period.
  • The Corporation recorded revenue of $10.3 million in the second quarter based on an average gold price of $1,612 per ounce (US $1,268) and 5,444 ounces sold combined with toll milling activities.
  • The Corporation reported strong results from its drilling program at the Beaufor mine, including 61.48 g/t Au over 3.9 metres (see press release dated January 11, 2018), which confirms the strong exploration potential in the area east of Zone Q.

“We exceeded our target for the quarter by producing more gold than anticipated,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarques. “Our toll milling activities were also strong. With the addition of Eldorado Gold (TSX:ELD; NYSE:EGO) and Nottaway Resources, the Camflo mill operated at 72% capacity during the last quarter, and based on the contracts signed for 2018 with Nottaway and Wallbridge Mining, among others, we expect to continue to increase mill productivity in the next quarter.  On the exploration side, our recent drilling program at Beaufor was a success, and we plan to continue drilling to increase the mine’s gold resource.”


 

Q2 2018 Corporate Highlights

  • On October 2, 2017, Monarques completed the acquisition of Richmont Mines’ Quebec assets, combined with a $6.5 million financing and a US $4.0 million credit facility (see press release).
  • On October 26, 2017, Monarques announced the results of an updated NI 43-101 Mineral Resource Estimate on its wholly-owned Wasamac gold project, which established a Measured and Indicated resource of 2,587,900 ounces and an Inferred resource of 293,900 ounces of gold (see press release).
  • On December 14, 2017, Monarques reported strong results from its drilling program at the Croinor Gold deposit, including 7.84 g/t Au over 9.0 metres (29.5 feet) (see press release). These new results are additional evidence that the geological model provides predictability and that the Croinor Gold deposit remains open along strike and at depth.
  • On December 21, 2017, Monarques announced the acquisition of the McKenzie Break and Swanson gold properties from Agnico Eagle Mines Limited (NYSE:AEM; TSX:AEM) (see press release). This transaction allowed the Corporation to consolidate its land position in the Abitibi region by adding two high-quality gold projects to its portfolio, which, along with Wasamac and Croinor Gold, brings the total of Monarques’ advanced projects to four.
  • With the closing of the recent flow-through financings and the exercise of stock options and warrants in the month of December, the Corporation had over $17 million in cash as of December 31, 2017.

Next Steps

  • Monarques’ goal for the coming quarters is to increase the throughput of the Camflo mill with ore from the Beaufor mine and toll milling activities while reducing its production costs. The priorities at the Beaufor mine are to steadily improve productivity and increase grade through more selective mining.
  • The Corporation will also assess the possibility of restarting the Beacon mill in the second half of the year, as it foresees increased demand for toll milling services.
  • Finally, Monarques will continue exploring the Beaufor and Croinor Gold properties and will initiate new programs and/or technical studies to advance the Wasamac, McKenzie Break and Swanson gold projects.

“2018 will be another milestone year for Monarques, as we will pursue our growth strategy with the goals of improving our financial performance, increasing our gold resources and continuously enhancing the value of Monarques for our shareholders,” concluded M. Lacoste.

The technical and scientific content of this press release has been reviewed and approved by Marc-André Lavergne, Eng., the Corporation’s qualified person under National Instrument 43‑101.

ABOUT MONARQUES GOLD CORPORATION

Monarques Gold Corp (TSX.V:MQR) is an emerging gold producer 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 Beaufor Mine, the Croinor Gold (see video), Wasamac, McKenzie Break and Swanson advanced projects, and the Camflo and Beacon mills, as well as six promising exploration projects. It also offers custom milling services out of its 1,600 tonne-per-day Camflo mill. Monarques enjoys a strong financial position and has more than 150 skilled employees who oversee its operating, development and exploration activities.

Forward-Looking Statements

The forward-looking statements in this press release involve known and unknown risks, uncertainties and other factors that may cause Monarques’ actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Namaste $N.ca Announces 5% Equity Purchase LOI with Cannbit Ltd. $AERO $CBDS $CGRW $APH.ca $GBLX

Posted by AGORACOM-JC at 8:09 AM on Thursday, January 18th, 2018

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  • Company has signed a non-binding Letter of Intent with Israeli medical cannabis producer, Cannbit Ltd
  • Namaste would acquire an equity position of 5% in Cannbit through an investment to be made in a proportion to be determined and agreed by both parties

VANCOUVER, British Columbia, Jan. 18, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N), (FRANKFURT:M5BQ), (OTCMKTS:NXTTF) is pleased to announce that the Company has signed a non-binding Letter of Intent (“LOI”) with Israeli medical cannabis producer, Cannbit Ltd (“Cannbit)” whereby the companies propose to enter into a share purchase agreement and/or a subscription agreement (the “Agreement”) whereby Namaste would acquire an equity position of 5% in Cannbit through an investment to be made in a proportion to be determined and agreed by both parties. Cannbit will also offer Namaste a first right of refusal to purchase an additional 5% equity in shares at the same valuation.

Further to the Company’s September 15th, 2017 announcement of signing a Wholesale Supply Agreement (“Supply Agreement”) with Cannbit, Namaste intends to purchase high-quality medical grade cannabis from Cannbit through the Company’s wholly owned subsidiary, Cannmart Inc. (“Cannmart”). The Company is pleased to have the opportunity to participate in an equity position with Cannbit and in developing a long-term relationship that will be mutually beneficial to both parties. Cannmart is a late stage applicant for an Access to Cannabis for Medical Purposes Regulations (“ACMPR”) medical cannabis “sale-only” license. Through Cannmart, Namaste plans to offer the largest variety of medical cannabis products to its patients through the sourcing of both domestic and internationally imported products. Namaste hopes to leverage its vast expertise with e-commerce, conversion rate optimization and enterprise technology to create Canada’s leading online marketplace for medical cannabis.

Terms of the LOI:

  • Namaste will make an investment in Cannbit in exchange for 5% equity, whereby the amount will be determined by a valuation agreed to by both parties.
  • Namaste will have a first right of refusal to purchase an additional 5% equity position in Cannbit, at the same valuation as originally agreed upon, for a period of one year from the date of execution of the proposed agreement.
  • Closing of the proposed agreement will be contingent upon negotiating and execution of definitive documentation and approval of the terms of the agreement by each party’s respective board of directors and shareholders, if applicable, and by the Canadian Securities Exchange, if applicable.

Namaste’s strategic investment in Cannbit, as well as other domestic and international licensed producers of medical cannabis, will bring value to the company in securing strong partnerships with leading cannabis cultivators to ensure ample supply of the largest variety of high-quality medical cannabis in the Canadian market. Namaste plans to seek additional opportunities by implementing Cannmart’s business model in other regions where the Company maintains significant market share.

Sean Dollinger, President and CEO of Namaste comments: “We’re very much looking forward to working with Cannbit and their team to import exceptionally high-quality medical cannabis into the Canadian market. Namaste expects to see strong value in this investment, as well as through the supply arrangement with Cannbit. We will continue to seek relationships with leading cultivators domestically and abroad. We are highly focused on creating a superior user experience and better availability of products for our patients, and believe this transaction will help us achieve that goal. Thank you to Cannbit’s management team for working hard to secure this LOI and Supply Agreement. We look forward to many years of business together and are excited at the opportunity to give Canadians access to the Israeli cannabis market.”

Yaron Razon, President and CEO of Cannbit Comments “We are very excited to have this partnership and strategic cooperation with Namaste. We believe Namaste is well-positioned with an impressive global marketing and distribution platform and led by a brilliant management team. Together with Namaste, Cannbit will reach many patients across the world with premium medical grade cannabis to help treat their health conditions. We anticipate exploring new opportunities with Namaste and are looking forward to working together soon.”

About Cannbit Ltd.

Cannbit is focused on growing high-quality medical-grade cannabis with advanced technology and agriculture platform while utilizing the best human resources to produce the highest level of quality available that will effectively treat a wide range of illnesses. The Israeli government is expected to approve the export of medical cannabis and Cannbit intends to become Israel’s leading exporter for medical cannabis to legal jurisdictions around the globe. Cannbit’s facility is 4,000 square meters with an additional 10,000 square meters available for expansion and is located in Neot Hakikar, an area well known in the Israeli agricultural community with clear advantages in the cold seasons. Our cultivation is carried out in a sophisticated greenhouse that provides ideal conditions for a variety of cannabis strains. Cannbit’s management is comprised of a group of industry professionals in relevant disciplines.

About Namaste Technologies Inc.

Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through e-commerce sites in 26 countries and with 5 distribution hubs located around the world. Namaste has majority market share in Europe and Australia, with operations in the UK, Canada and Germany and has opened new supply channels into emerging markets including Brazil, Mexico and Chile. Namaste, through its acquisition of Cannmart Inc., a Canadian based late-stage applicant for a medical cannabis distribution license (under the ACMPR Program) is pursuing a new revenue vertical in online retail of medical cannabis in the Canadian market. Namaste intends to leverage its existing database of Canadian medical cannabis consumers, along with its expertise in e-commerce to create an online marketplace for medical cannabis patients, offering a larger variety of product and a better user experience.

Forward Looking Information
This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law.

Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com.

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The CSE has neither reviewed nor approved the contents of this press release.

On behalf of the Board of Directors

“Sean Dollinger”
Chief Executive Officer
Direct: +1 (786) 389 9771
Email: [email protected]

Further information on Namaste and its products can be accessed through the links below:

www.namastetechnologies.com
www.namastevaporizers.co.uk
www.everyonedoesit.co.uk
www.australianvaporizers.com.au

Where to watch #Esports live online or on your TV $GMBL $ATVI $TTWO $GAME $EPY.ca

Posted by AGORACOM-JC at 11:06 AM on Wednesday, January 17th, 2018
  • Esports has historically been an online product
  • But as the industry grows, TV is getting in on the action

Mai-Hanh Nguyen

eSports has historically been an online product. But as the industry grows, TV is getting in on the action.

There are now more places to view competitive gaming than ever before. eSports on TV is becoming more prevalent, and many networks are vying to be the go-to eSports TV channel.

Below, we’ve compiled a list of the most popular places for eSports broadcasting and eSports streaming.

eSport Live Streaming Online

Twitch

Twitch is one of the leading online services for streaming and watching digital video broadcasts. Founded in 2011, it originally focused almost entirely on video games but since has expanded to include streams dedicated to artwork creation, music, talk shows, and the occasional TV series.

After Amazon’s acquisition in 2014, Twitch remains one of the highest sources of internet traffic in North America with more than two million unique streamers every month.

Twitch streams can be viewed on the official Twitch website or on one of the many official Twitch apps that are available for iOS and Android devices, Xbox 360 and Xbox One video game consoles, Sony’s PlayStation 3 and 4, Amazon’s Fire TV, Google Chromecast, and the NVIDIA Shield. Watching broadcasts and videos on Twitch is completely free and doesn’t require viewers to login.

YouTube

Billions of hours of eSports and gaming content watched per month places YouTube at the top of the list of main sources of video consumption. Of their list of Top 10 All-Time Video Games, four of the ten – League of Legends, Call of Duty, Counter-Strike, and FIFA – are considered eSports. The popularity of live streaming on sites such as MLG or Twitch has not affected YouTube’s growth in gaming video consumption. YouTube landed two exclusive deals with popular Counter-Strike leagues – ESL Pro League and the eSports Championship Series.

MLG.tv

Major League Gaming is one of the fastest growing digital networks (especially in eSports) as it continues to pioneer the competitive gaming industry. MLG.tv is the free to watch, ad-sponsored, premium video streaming platform built to showcase eSports. MLG is the longest-running league in North America and broadcasts its own large-scale Championship events, competition from the MLG.tv Columbus Arena, online competition such as MLG’s Pro-League, and flagship events like the MLG X Games Invitational.

Some of the top leagues, players, and teams have dedicated MLG.tv streaming channels including Gfinity (UK), ACL Pro (AUS), UMG (US) and teams such as OpTic Gaming. It allows viewers to watch at any time with options to interact with MLG.tv personalities on a new level, and allows users to chat through their MLG account usernames.

eSports Live on TV

ESPN

Melia Robinson

The network broadcasted exclusive live coverage of Heroes of the Dorm (a competition in which collegiate teams compete in Blizzard Entertainment’s popular game Heroes of the Storm) with the final airing live on ESPN2. This was was the first live, televised coverage of a collegiate eSports event for ESPN. Furthermore, ESPN3 carried live coverage of BlizzCon and the International Dota 2 Championships over the past two years, as well as the 2014 League of Legends tournament. Also, over the past few years, the X Games have medaled the top Counter-Strike: Global Offensive and Call of Duty pro gamers through a partnership with Major League Gaming (MLG) offering views coverage across ESPN.

TBS

ELeague, the eSports competition that draws more than 9 million viewers, is broadcast on TBS as well as online. ELeague is a global eSports event for games such as Counter-Strike: Global Offensive, Street Fighter V, Overwatch and Injustice 2. Last summer, TBS also broadcast Clash for Cash: The Rematch, a $250,000 match between Counter-Strike: Global Offensive teams Astralis and Virtus.pro, as well as the 10th ELeague Major tournament, which was sponsored by Valve. Turner Sports was selected to host the tournament after completing just one three-month CS:GO season. TBS also televised live the Overwatch Open, the first professional Overwatch tournament to ever hit TV. Turner and its ELeague partner WME IMG’s live broadcast was shown in front of a sold-out audience.

More to Learn

The market for eSports viewership continues to grow, and it’s only going to grow in the next few years. That’s why BI Intelligence, Business Insider’s premium research service, has put together a comprehensive guide on the future of professional gaming called The eSports Ecosystem.

Source: http://www.businessinsider.com/live-streaming-esports-online-tv-2018-1

Namaste $N.ca $NXTTF Reaffirms Position on No US Exposure and Provides Corporate Response to Recision of Cole Memo and CSA Statement $ATT.ca $ABCN.ca $ACG.ca $ACB $WEED.ca $HIP.ca

Posted by AGORACOM-JC at 8:36 AM on Wednesday, January 17th, 2018

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  • Reaffirms its commitment to operations exclusively within medical or recreational cannabis legal jurisdictions
  • Company would like to express very clearly that it does not hold any US assets nor does it intend on participating in any US operations or investments

VANCOUVER, British Columbia, Jan. 17, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N), (FRANKFURT:M5BQ), (OTCMKTS:NXTTF) would like to reaffirm its commitment to operations exclusively within medical or recreational cannabis legal jurisdictions. Further to the Company’s Nov 28, 2017 press release, and in lieu of the recent rescission of the Cole Memorandum by US Attorney General Jeff Sessions, Namaste’s position on staying out of the US cannabis market remains firm. The Company would like to express very clearly that it does not hold any US assets nor does it intend on participating in any US operations or investments. Namaste is highly focused on the expansion of its Canadian operations through the launch of its online medical cannabis marketplace. Management will have no involvement in operations or investments in any illegal jurisdictions which present any risk to the Company and/or its shareholders.

On January 12, 2018, the Canadian Securities Administrators (“CSA”) issued a statement following the rescission, whereby the CSA gave notice that it would re-examine its disclosure-based policy in relation to Canadian cannabis companies with any US operations or investments. Namaste believes that the CSA’s statement is in-line with the Company’s position and short-term outlook on the cannabis market in the United States.

Namaste will continue to focus on expansion of its international operations in progressive, legal markets by leveraging its technology and existing databases of cannabis consumers in countries around the world. Namaste, through its wholly owned subsidiary, Cannmart Inc. (“Cannmart”) is developing an online marketplace for medical cannabis that will offer patients the largest variety of product sourced from domestic and international producers. The launch of Cannmart is significant to Namaste, as the Company intends to follow the same strategy in other legal markets where it has established a strong presence.

Management Commentary
Sean Dollinger, President and CEO of Namaste comments: “We’re very pleased to have divested our US assets and operations. Namaste will continue focusing its efforts on progressive, legal markets like Canada and emerging legal cannabis markets like Australia and will remain uninvolved with any US cannabis operations until there are major changes to US federal laws.”

About Namaste Technologies Inc.
Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through e-commerce sites in 26 countries and with 5 distribution hubs located around the world. Namaste has majority market share in Europe and Australia, with operations in the UK, US, Canada and Germany and has opened new supply channels into emerging markets including Brazil, Mexico and Chile. Namaste, through its acquisition of Cannmart Inc., a Canadian based late-stage applicant for a medical cannabis distribution license (under the ACMPR Program) is pursuing a new revenue vertical in online retail of medical cannabis in the Canadian market. Namaste intends to leverage its existing database of Canadian medical cannabis consumers, along with its expertise in e-commerce to create an online marketplace for medical cannabis patients, offering a larger variety of product and a better user experience.

Forward Looking Information
This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law.

Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com.

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The CSE has neither reviewed nor approved the contents of this press release.

On behalf of the Board of Directors

“Sean Dollinger”
Chief Executive Officer
Direct: +1 (786) 389 9771
Email: [email protected]

Further information on the Company and its products can be accessed through the links below:

www.namastetechnologies.com
www.namastevaporizers.co.uk
www.everyonedoesit.co.uk
www.australianvaporizers.com.au

INTERVIEW: HPQ Silicon Resources $HPQ.ca Discusses Significant Gen 2 PURVAP Milestones / Achieving Significantly Higher Production Yield $FSLR $SPWR $CSIQ $NEP $PYR.ca

Posted by AGORACOM-JC at 12:59 PM on Tuesday, January 16th, 2018

betterU Education Corporation $BTRU.ca Provides Update on $100 Million Investment $ARCL $BPI $FC.ca

Posted by AGORACOM-JC at 12:03 PM on Tuesday, January 16th, 2018

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  • Provides an update to the milestones previously announced by the Corporation on December 15th 2017 in regards to the closing of the US$100 million equity investment at US$3.00 / share
  • Fund to be set-up in the Cayman Islands by January 15th, 2018 is in progress to being completed

OTTAWA, Jan. 16, 2018 — betterU Education Corp. (TSX-V:BTRU) (FRANKFURT:5OGA), (the “Corporation” or “betterU”), would like to provide an update to the milestones previously announced by the Corporation on December 15th 2017 in regards to the closing of the US$100 million equity investment at US$3.00 / share from an overseas private investment fund.

The Fund to be set-up in the Cayman Islands by January 15th, 2018 is in progress to being completed. betterU management received confirmation and further details from the investment group on January 3rd and again on January 9th 2018 that they are advancing with all milestones and will provide the Corporation with verification of account details and validation of Fund capacity upon completion. The Corporation is expecting completion of the process within the next couple of weeks.  Remaining actively involved with the investment group, betterU remains confident that the completion of all agreements and receipt of the funds will still be on or before March 15th, 2018.

About betterU

betterU, a global education marketplace, aims to provide access to quality education from around the world to foster growth and opportunity to those who want to better their lives. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated education-to-employment ecosystem. betterU’s offerings can be categorized into several broad functions: to compliment school programs with flexible KG-12 programs preparing children for next stage of education, to provide access to global educational opportunities from leading educators, to foster an exceptional educational environment by providing befitting skills that lead to a better career, to bridge the gap between one’s existing education and prospective job requirement by training them and lastly, to connect the end user to various job opportunities.

www.betterU.ca and www.betterU.in

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.

This press release may contain forward-looking statements and information, which may involve risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors that might cause a difference include, but are not limited to, competitive developments, risks associated with betterU’s growth, the state of the financial markets, regulatory risks and other factors. There can be no assurance or guarantees that any statements of forward-looking information contained in this release will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral statements containing forward-looking information are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. Unless otherwise required by applicable securities laws, betterU disclaims any intention or obligation to update or revise any forward-looking statements, whether because of new information, future events or otherwise. Readers should not place undue reliance on any statements of forward-looking information that speak only as of the date of this release. Further information on betterU’s public filings, including their most recent audited consolidated financial statements, are available at www.sedar.com.

For further information, please visit  http://www.betteru.ca/investor-overview/

Investor contact:

Investor Relations
1-613-695-4100 Ext. 233
Email: [email protected]

Namaste Technologies $N.ca $NXTTF CEO Live On #CheddarTV @ 3.30PM ET $AERO $CBDS $CGRW $APH.ca $GBLX

Posted by AGORACOM-JC at 11:49 AM on Tuesday, January 16th, 2018

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Cheddar TV Segment

With CEO Sean Dollinger

Join CEO Sean Dollinger live on Cheddar TV to discuss Namaste Technologies while he makes an IMPORTANT INDUSTRY ANNOUNCEMENT. Today’s topics of discussion will also include:

  • NamasteMD – The first telemedicine portal
  • Namaste becoming the Amazon of the cannabis space A.K.A. NAMAZON
  • The first creation of a marketplace for Cannabis from all around the World
  • What makes Namaste Technologies different from other Licensed Producers

Click here to watch

ThreeD Capital $IDK.ca Announces Initial Purchases In #Cryptocurrencies and Investments In #ICOs, #Cryptocurrency Miners, #Blockchain Initiatives $HIVE.ca $BLOC.ca $CODE.ca $SX.ca

Posted by AGORACOM-JC at 10:07 AM on Tuesday, January 16th, 2018

Threed capital

  • Commenced purchases in a portfolio of cryptocurrencies
  • Made investments in Initial Coin Offerings (ICOs), cryptocurrency miners and revolutionary blockchain initiatives that include Artificial Intelligence

TORONTO, Jan. 16, 2018 — ThreeD Capital Inc. (the “Company”) (CSE:IDK), a Canadian-based venture capital firm focused on investments in promising, early stage companies and ICOs with disruptive capabilities, is pleased to announce it has commenced purchases in a portfolio of cryptocurrencies, as well as, made investments in Initial Coin Offerings (ICOs), cryptocurrency miners and revolutionary blockchain initiatives that include Artificial Intelligence.

SPECIAL PURPOSE DIVISION CREATED WITHIN BLOCKAMOTO SUBSIDIARY

On January 4, 2018, the Company announced the creation of a special purpose division within its wholly owned subsidiary, Blockamoto.io Corp., to specifically invest in a number of strategic tokens and Initial Coin Offerings (“ICO”), especially those which are protocol based.

The Blockamoto.io cryptocurrency investment portfolio will initially primarily invest in the leading cryptocurrencies, such as Bitcoin and Ethereum.  It will also invest in ICOs, as well as, various emerging altcoins that display strong fundamentals.

Sheldon Inwentash, Chairman and CEO of ThreeD Capital stated “The emergence and global acceptance of cryptocurrencies as alternative currencies and digital assets is undeniable and unstoppable.  Likewise, Blockchain technology is going to revolutionize industries across the board, especially in banking and finance.  It behooves ThreeD Capital to begin assessing and accumulating investments in these specific spaces, as well as, ancillary supporting technologies for the benefit of our shareholders.”

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the Junior Resources, Artificial Intelligence and Blockchain sectors.  ThreeD seeks to invest in early stage, promising companies and ICOs where it may be the lead investor and can additionally provide investees with advisory services, mentoring and access to the Company’s ecosystem.

For further information: Gerry Feldman, CPA, CA Chief Financial Officer and Corporate Secretary [email protected]
telephone: 416 606 7655

American Creek $AMK.ca Reports on Treaty Creek Drilling up to 149.1m of 1.78 g/t Gold, Including 59.2m of 2.84 g/t #Gold $SEA $SA $SKE.ca $TUD.ca $PVG

Posted by AGORACOM-JC at 9:47 AM on Tuesday, January 16th, 2018

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  • Hole CB-17-26, returned 149.1m grading 1.78 g/t gold (from 97.8 to 246.9m),
  • including a 59.2m interval of 2.84 g/t gold (from 97.8 to 157m depth)

American Creek Resources Ltd (TSX-V: AMK) (the “Corporation”) is pleased to report on an additional 17 holes from JV partner Tudor Gold’s (“Tudor”) 2017 drill program on the Copper Belle zone at the Treaty Creek Project located in the Golden Triangle of northwestern British Columbia.

The summary of results provided in the table below, include the most promising gold intersections reported to date. Hole CB-17-26, returned 149.1m grading 1.78 g/t gold (from 97.8 to 246.9m), including a 59.2m interval of 2.84 g/t gold (from 97.8 to 157m depth). So far, 15 of the 16 holes drilled in the Copper Belle zone contain prominent mineralization, which continues to expand the size of this potential deposit and increases the area of the resource estimate for this zone.

Walter Storm, President and CEO of Tudor Gold, stated: “The outstanding interval of gold mineralization in Hole CB-17-26–149m of 1.78 g/t gold–contains the highest average gold grade yet recorded for porphyry style mineralization on the Treaty Creek property. It also ranks among the top tier, in terms of gold grades, of the hundreds of holes drilled during the past fifteen years into multiple porphyry targets on the adjoining KSM and Brucejack-Snowfield properties of Seabridge Gold and Pretium Resources, part of the same, large hydrothermal “Sulphurets” system. The fact that we have achieved these kinds of grades in only our second year after acquiring Treaty Creek speaks both to the potential of the property and also the expertise of our geological staff. This hole will serve to further guide our exploration at Copper Belle in 2018, as well as the more than 3km of ground yet to be explored between the Copper Belle and the Iron Cap Zone of Seabridge Gold to the south, an area defined by extensive magnetotelluric anomalies.”

Darren Blaney, President and CEO of American Creek stated: “Hole CB-17-26 is a game changer for the Treaty Creek Project. At this very preliminary stage of exploration, we have already located a significant zone of higher grade gold within the Copper Belle system. Further, the MT Survey suggests that this deposit is open in all directions, including towards Seabridge’s Iron Cap discovery located several kilometers to the south. What a terrific foundation for the upcoming 2018 drill program to expand upon.”

The Copper Belle 2017 resource delineation drill program comprised 27 holes to depths below 700m (an estimated 13,722m) and step-outs of 50m where topography permitted. Results from additional drill holes of the 2017 drill program at Copper Belle are still pending. Drill holes were targeted oblique to the northwesterly plunge of the main mineralized zone. A block of delineated mineralization will form the basis for a preliminary resource estimate. All drill holes were down hole surveyed at 25m stations using a Reflex Multi-shot device.

Tudor’s 2016 Magnetotelluric Geophysical Survey program (MT Survey) was effectively utilized as a guide for the drill program. The MT Survey suggests that the mineralization continues to the southwest, toward the Iron Cap deposit of Seabridge Gold Inc. The MT Survey also suggests that the mineralized zone continues in all directions. Tudor’s 2017 drill program was located five kilometers north of the Iron Cap deposit and the Company intends to step out to the south in its 2018 program to see if it can determine a relationship between the two areas.

A drill map of the Copper Belle can be found here: https://orders.newsfilecorp.com/files/4494/32005_tudor1enhanced.jpg

The Qualified Person for the Treaty Creek results in this new release is James McCrea, P.Geo. for the purposes of National Instrument 43-101. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

Background on the Treaty Creek Project

The Treaty Creek Project is situated immediately north of Seabridge Gold’s KSM property and near Pretium’s Valley of the Kings Mine, both of which are located in BC’s Golden Triangle along the Sulphurets and Brucejack fault systems that continue northward into the Treaty Creek property.

Tudor conducted a major drill program (approximately 20,000 metres) on the Treaty Creek property this past summer. The objective of the drill program was to define a gold resource on the Copper Belle zone and to determine the future potential of the high grade gold/silver/zinc GR2 zone located in a separate area adjacent to the Copper Belle.

Seabridge Gold’s proposed development plan for their KSM Project includes an access tunnel system through the Treaty Creek property as a key component. The Copper Belle and GR2 deposits located on the Treaty Creek property are both situated in the area in which Seabridge is proposing to construct tunnels connecting their KSM gold deposits with critical infrastructure such as the mill and tailings facilities.

The Treaty Creek Project is a joint venture between Tudor, Teuton Resources Corp., and American Creek. Tudor is the operator and holds a 60% interest with both American Creek and Teuton each holding respective 20% carried interests in the property (American Creek and Teuton are not required to contribute to their proportionate costs until a production notice is given).

A summary of the Treaty Creek Project can be viewed here:

http://www.americancreek.com/images/pdf/Treaty_Creek_Joint_Venture_Project.pdf

About American Creek

American Creek holds a strong portfolio of gold and silver properties in British Columbia. The portfolio includes three gold/silver properties in the heart of the Golden Triangle; the Treaty Creek and Electrum joint ventures with Walter Storm/Tudor, as well as the recently acquired 100% owned past producing Dunwell Mine. Other properties held throughout BC include the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.com

Cautionary Statements regarding Forward-Looking Information

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Corporation’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization and geological merits of the Treaty Creek Project and other future plans, objectives or expectations of the Corporation are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on a number of material factors and assumptions. Important factors that could cause actual results to differ materially from the Corporation’s expectations include actual exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the Corporation with securities regulators. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements.

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

View source version on businesswire.com: http://www.businesswire.com/news/home/20180116005777/en/

American Creek Resources Ltd
Kelvin Burton, 403-752-4040
[email protected]
www.americancreek.com