Posted by AGORACOM-JC
at 7:21 AM on Tuesday, January 12th, 2021
An Emerging Markets News Commentary
According to the The Globe and Mail , “The country, as a whole, and each province is not doing enough to acknowledge aerosol transmission of COVID-19 and promoting the appropriate measures to combat it, such as (improved) ventilation and informing people about the risks of being in indoor spaces with multiple people.”
But what if there were a device that could detect the actual presence of COVID-19 in the shared air? What if you could know if your building was safe or not safe in real time?
Kontrol Energy Corp ( CSE:KNR ) ( OTCQB:KNRLF ) is a Canadian public company and a leader in smart buildings and cities technology
ORLANDO, Fla., Jan. 12, 2021 — A recentreport in Canada’s The Globe and Mail sends a strong signal that it is time for governments and businesses to get smarter and safer amid the danger of the global COVID-19 pandemic. While a sober call-out, the report does display an urgent need for companies like Kontrol Energy Corp ( CSE:KNR ) ( OTCQB:KNRLF ), a Canadian public company and a leader in smart buildings and cities technology.
According to the The Globe and Mail , “The country, as a whole, and each province is not doing enough to acknowledge aerosol transmission of COVID-19 and promoting the appropriate measures to combat it, such as (improved) ventilation and informing people about the risks of being in indoor spaces with multiple people.”
But what if there were a device that could detect the actual presence of COVID-19 in the shared air? What if you could know if your building was safe or not safe in real time?
Posted by AGORACOM-JC
at 7:16 AM on Tuesday, January 12th, 2021
Announced the signing of a Letter Of Intent to acquire Passcreator, a leading European digital wallet and mobile marketing company with Tier-1 clients such as Mercedes-Benz and BMW.
Loop commenced its technology partnership with Passcreator early in 2020 to provide Loop with the support necessary to deliver on its anticipated first-stage developments in the sports venue, hospitality, travel, and health industries.
The acquisition is expected to be completed by late January or early February 2021, subject to customary due diligence and Exchange approvals.
VANCOUVER, British Columbia, Jan. 12, 2021 — Loop Insights Inc. (MTRX:TSXV) (RACMF:OTCQB) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights, enhanced customer engagement and automated venue tracing to the brick and mortar space, is pleased to announce the signing of a Letter Of Intent (“LOI”) to acquire Passcreator, a leading European digital wallet and mobile marketing company with Tier-1 clients such as Mercedes-Benz and BMW. The acquisition is expected to be completed by late January or early February 2021, subject to customary due diligence and Exchange approvals.
Acquisition of Passcreator to Provide Loop with Complete Control Over its Digital Wallet Pass Technology In Anticipation of Upcoming Business Developments
Loop commenced its technology partnership with Passcreator early in 2020 to provide Loop with the support necessary to deliver on its anticipated first-stage developments in the sports venue, hospitality, travel, and health industries. To this end, on December 29, 2020, Loop Insights announced its most successful year in Company history , including partnerships with major telecom companies TELUS and NTT DATA.
Posted by AGORACOM-JC
at 7:11 AM on Tuesday, January 12th, 2021
Announced that it sold over 23,000 onsite tests for the film industry at locations in Montreal, Toronto and Vancouver for the months of October through December 2020.
This represents approximately $4,000,000 CAD in top-line revenue for Q4. As stated on September 24th, 2020, the company secured contracts with one of the worlds largest film and television production companies to provide PCR test kits.
The total amount of the contracts if fully executed was over $20M CAD. Datametrex has increased its lab and testing capacity to facilitate demand and has positioned the Company to ramp up testing in 2021.
Toronto, Ontario–(January 12, 2021) – Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTC Pink: DTMXF) (the “Company” or “Datametrex”) is pleased to announce that it sold over 23,000 onsite tests for the film industry at locations in Montreal, Toronto and Vancouver for the months of October through December 2020. This represents approximately $4,000,000 CAD in top-line revenue for Q4. As stated on September 24th, 2020, the company secured contracts with one of the worlds largest film and television production companies to provide PCR test kits. The total amount of the contracts if fully executed was over $20M CAD. Datametrex has increased its lab and testing capacity to facilitate demand and has positioned the Company to ramp up testing in 2021. The Company plans to continue increasing its capacity to expand its services to additional film and production companies as their demand increases daily.
Major Hollywood studios and streamers have kept shooting movies and TV series on film and TV sets in Montreal, Toronto, and Vancouver while weathering the most recent record COVID-19 infection rates in Canada.
Though some impatient “investors” unrealistically demanded immediate and big sales agreements for the BioCloud unit, priced at $US 12,000 EACH $KNR CEO Paul Ghezzi and his team know that real success comes from building a real foundation – and they did that in a mind boggling 5 months. We’ve been in the smallcap business long enough to know that pulling off the following in 4 months is damn near impossible, until now:
DISTRIBUTION – On December 1, 2020 KNR announced Entering into Exclusive Distribution Agreement with United Safety and Survivability Corporation for BioCloud Technology Distribution in North America, Australia and New Zealand. The exclusivity applies to the industries defined as buses, rail and locomotive, subways, ambulances, fire trucks, first responder and military vehicles, with applicable associated facilities in the geography of North America , Australia , and New Zealand . The exclusivity period is 12 months with a six month mutual renewal option and is based on 5,000 units of BioCloud per annum, on a best efforts basis, to retain exclusivity. Pricing will not be disclosed for industry competitive purposes.
In addition, KNR has also entered into two non-exclusive BioCloud distribution agreements covering Ontario and Saskatchewan.
MANUFACTURING – KNR has engaged OES Inc. a local design and contract manufacturer in London, Ontario to produce the BioCloud units. OES Inc. has a long and established history of assisting with the design and manufacturing of complex technology. Initial maximum capacity has been set at 10,000 units per month.
Watch or listen to this powerful interview with Kontrol Energy CEO, Paul Ghezzi.
Posted by AGORACOM-JC
at 5:53 PM on Monday, January 11th, 2021
Based on preliminary financial information, and subject to year-end closing adjustments, PyroGenesis expects revenue for the fourth quarter 2020 to be between $3 – $5 million, resulting in total revenues for the fiscal year ending 2020 of approximately $14 – $16 million, as compared to $1.07 million (Q4 2019) and $4.8 million (FY 2019), respectively.
Company also expects earnings per share for the fourth quarter to be in the range of $0.10 – $0.12, and for the fiscal year ending 2020 of between $0.22 – $0.24 , as compared to a loss of $0.04 (Q4 2019) and a loss of $0.07 (FY 2020), respectively.
MONTREAL, Jan. 11, 2021 — PyroGenesis Canada Inc. ( http://www.pyrogenesis.com ) (TSX: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company, (the “Company”, the “Corporation” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch products, is pleased to provide guidance for the fourth quarter, and full year, both ending December 31 st , 2020.
Based on preliminary financial information, and subject to year-end closing adjustments, PyroGenesis expects revenue for the fourth quarter 2020 to be between $3 – $5 million, resulting in total revenues for the fiscal year ending 2020 of approximately $14 – $16 million, as compared to $1.07 million (Q4 2019) and $4.8 million (FY 2019), respectively.
The Company also expects earnings per share (“EPS”) for the fourth quarter to be in the range of $0.10 – $0.12, and for the fiscal year ending 2020 of between $0.22 – $0.24 , as compared to a loss of $0.04 (Q4 2019) and a loss of $0.07 (FY 2020), respectively.
The Q4 2020 guidance and actual 2019 results noted above are summarized in the following table below:
Posted by AGORACOM-JC
at 2:56 PM on Monday, January 11th, 2021
Announced today that Mr. P. Peter Pascali, CEO and Chair of PyroGenesis, is scheduled to present at the Sidoti Winter 2021 Virtual Conference on Thursday, January 14, 2021 at 2:30 PM Eastern Time.
Date: Thursday, January 14, 2021
Time: 2:30 PM Eastern Time (11:30 AM Pacific Time)
MONTREAL, Jan. 11, 2021 — PyroGenesis Canada Inc. ( http://www.pyrogenesis.com ) (TSX: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company, (the “Company”, the “Corporation” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch products, is pleased to announce today that Mr. P. Peter Pascali, CEO and Chair of PyroGenesis, is scheduled to present at the Sidoti Winter 2021 Virtual Conference on Thursday, January 14, 2021 at 2:30 PM Eastern Time.
To access the live presentation, please use the following information:
Posted by AGORACOM-JC
at 1:05 PM on Monday, January 11th, 2021
Completed its previously announced upsized and oversubscribed private placement of transferable special warrants of the Company for aggregate gross proceeds of $13,388,120
The Offering consisted of a brokered portion and a non-brokered portion for aggregate gross proceeds of $12,611,250 and $776,870, respectively.
Vancouver, British Columbia–(January 11, 2021) – FansUnite Entertainment Inc. (CSE: FANS) (OTCQB: FUNFF) (“FansUnite” or the “Company“), a technology company providing leading online gaming solutions, is pleased to announce that it has completed its previously announced upsized and oversubscribed private placement of transferable special warrants of the Company (“Special Warrants“) for aggregate gross proceeds of $13,388,120 (the “Offering“). The Offering consisted of a brokered portion (the “Brokered Private Placement“) and a non-brokered portion (the “Non-Brokered Private Placement“) for aggregate gross proceeds of $12,611,250 and $776,870, respectively. Pursuant to the Offering, a total of 21,420,992 Special Warrants, including an aggregate of 2,578,000 Special Warrants issued as a result of the exercise of the agent’s over-allotment option, were sold at a price per Special Warrant of $0.625 (the “Offering Price“).
The Brokered Private Placement was conducted by Gravitas Securities Inc., as lead agent and sole bookrunner (“Gravitas” or the “Lead Agent“) with a syndicate of agents including Haywood Securities Inc. and Mackie Research Capital Corporation (together with the Lead Agent, the “Agents“).
Each Special Warrant entitles the holder thereof to receive one unit of the Company (each, a “Unit“), without payment of additional consideration, with each Unit being comprised of one common share of the Company (a “Common Share“) and one half (1/2) of one transferable Common Share purchase warrant (each whole warrant, a “Warrant“). Each Warrant will entitle the holder thereof to acquire one Common Share (each, a “Warrant Share“) at an exercise price of $0.78 (“Warrant Exercise Price“) per Warrant Share for a period of 24 months following the closing of the Offering (the “Closing Date“).
Posted by AGORACOM-JC
at 8:43 AM on Monday, January 11th, 2021
Announced today that it has taken a significant step to enhance its investor profile by launching a new capital markets strategy focused on the United States.
As a result, the Company has applied to list its common shares on the NASDAQ Capital Market
PlantX believes that a listing on NASDAQ will provide even further opportunities to broaden its institutional and retail investor base and enhance the Company’s visibility while accelerating growth
VANCOUVER, British Columbia, Jan. 11, 2021 – PlantX Life Inc. (the “ Company ” or “ PlantX ”) (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) is pleased to announce today that it has taken a significant step to enhance its investor profile by launching a new capital markets strategy focused on the United States (“U.S.”). As a result, the Company has applied to list its common shares on the NASDAQ Capital Market (“NASDAQ”).
PlantX believes that a listing on NASDAQ will provide even further opportunities to broaden its institutional and retail investor base and enhance the Company’s visibility while accelerating growth. PlantX hopes to further expose the Company’s brand to the U.S. market and ultimately raise the Company’s overall profile to enhance shareholder value.
Posted by AGORACOM-JC
at 8:16 AM on Monday, January 11th, 2021
Announced it has completed an oversubscribed non-brokered private placement of 4,027,779 units of the Company at a price of $0.21 per Unit, for aggregate gross proceeds of $845,833.
Each Unit is comprised of one common share in the capital of the Company and one-half of one Common Share purchase warrant
Toronto, Ontario–(January 11, 2021) – Universal PropTech Inc. (TSXV: UPI) (“UPI” or the “Company“) wishes to announce it has completed an oversubscribed non-brokered private placement (the “Offering“) of 4,027,779 units of the Company (“Units“) at a price of $0.21 per Unit, for aggregate gross proceeds of $845,833. Each Unit is comprised of one common share in the capital of the Company (a “Common Share“) and one-half of one Common Share purchase warrant (each whole warrant, a “Warrant“). Each Warrant entitles the holder thereof to purchase one Common Share at a price of $0.30 for a period of two years from the date of issuance.
The Company paid an aggregate cash commission of $67,666 representing 8% of the gross proceeds of the Offering introduced by the finders. In addition, the Company issued 322,222 compensation options of the Company (“Compensation Options”) to the finders representing 8% of the number of Units sold to subscribers introduced by the finders. Each Compensation Option entitles the holder thereof to purchase a Unit for $0.21 for a period of two years from the date of issuance. Foundation Markets Inc. was engaged as the Company’s exclusive finder in connection with the Offering.
Posted by AGORACOM-JC
at 8:01 AM on Monday, January 11th, 2021
Company has commenced providing COVID-19 testing for Air Canada’s front-line employees who interact with members of the travelling public.
The Company’s COVID testing arrangement with Air Canada is being done on an as-needed basis as Datametrex has been selected as one of the testing and travel partners of Air Canada as publicly disclosed by Air Canada in a tweet dated November 22, 2020.
Toronto, Ontario–(January 11, 2021) – Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTC Pink: DTMXF) (the “Company” or “Datametrex”) is pleased to provide an update on its COVID-19 testing business and announce that the Company has commenced providing COVID-19 testing for Air Canada’s (“Air Canada”) front-line employees who interact with members of the travelling public. The Company’s COVID testing arrangement with Air Canada is being done on an as-needed basis as Datametrex has been selected as one of the testing and travel partners of Air Canada as publicly disclosed by Air Canada in a tweet dated November 22, 2020.
The PCR based COVID-19 testing to be arranged by the Company will be for Air Canada employees including, pilots, pilot trainees, and flight attendants.
“With many companies looking to keep employees safe and healthy and especially with flight crews requiring a negative COVID-19 test to fly, Datametrex is proud to be a solution partner with Air Canada to safely and with confidence keep its flight crews and customers alike protected. Datametrex has provided thousands of PCR based tests to companies and employees over the last seven months and believes that continued testing of the public is the gold standard to protecting everyone and containing the spread of the COVID-19 virus,” commented Marshall Gunter, Datametrex’s Chief Executive Officer.