Posted by AGORACOM-JC
at 11:48 AM on Wednesday, March 4th, 2020
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States launch ‘trusted information’ efforts against fake news on social media
Wrong claims in Maine that Election Day is on different days for Republicans than for Democrats.
The misinformation on social media is contributing to a heightened alert ahead of Super Tuesday, when millions of Americans are expected to cast 2020 primary ballots.
(CNN)A Facebook account impersonating the Swain County board of elections in North Carolina. Unfounded rumors that Tarrant County, Texas, doesn’t have former Vice President Joe Biden on the ballot.
Wrong claims in Maine that Election Day is on different days for Republicans than for Democrats. The misinformation on social media is contributing to a heightened alert ahead of Super Tuesday, when millions of Americans are expected to cast 2020 primary ballots.
“Misinformation is the most likely source of trouble we’re going to experience this year,” Keith Ingram, elections director at the Texas Secretary of State’s office, told CNN. Â State officials say misinformation poses as big a threat to elections as cyber-attacks that could cripple voting infrastructure.
So to counter the bad information online, states are increasingly going on the offensive — trying to spread good information to inoculate the public. But while experts commend the effort, many have questions about its effectiveness — and some say states could be doing more. Â Earlier this week, California’s secretary of state sent emails to the 6.6 million registered voters with email addresses on file, directing them to the state’s election education guide. North Carolina’s board of elections ran radio ads recently reminding voters that photo identification will not be necessary in the state on Super Tuesday, thanks to a recent court ruling. Ingram said Texas’s online portal for accurate election information, votetexas.gov, is being “pounded in people’s minds” through social media. Â
And across the country, officials are using the hashtag #trustedinfo2020 to tell Americans exactly where to find the bedrock truth for election information. Â “Your source for #TrustedInfo2020 is ALWAYS your state and county election officials,” Oklahoma’s state election board tweeted last week — pointing voters to an internet portal for identifying polling places and requesting absentee ballots. The hashtag campaign is organized by the National Association of Secretaries of State (NASS).
Drowning out misinformation
By flooding the zone with constructive content, states are hoping to drown out negative or harmful material. It’s an idea linked to a growing body of research on online extremism, which has found that offering a contrasting view against hate speech can minimize its impact and lead to more engagement for the positive messages on social media. Â
“The #trustedinfo2020 campaign is really a sort of reminder to people that there are resources that they can trust if they hear something or if they have some question about the news,” said Maine Secretary of State Matthew Dunlap in an interview with CNN. Â
Meanwhile, in California, Secretary of State Alex Padilla has taken out ads on social media to promote the visibility of accurate information, according to Sam Mahood, an agency spokesman. In some cases, Mahood said, posts from the secretary’s official social media accounts correcting online misinformation were picked up by news outlets who helped further suppress the spread of false claims. Â
Social media platforms have also dramatically improved their relationships with states compared to 2016 and 2018, election officials said. Whereas some states once lacked ways to contact Facebook or Twitter in earlier cycles, that’s changed, said Ingram. Â “They’ve all made themselves accessible,” he said. “They all have folks who reach out to us, and we have their [contact] information.” Â The same goes for the federal government.
The Department of Homeland Security has established real-time communications channels for state and local officials to share reports of suspicious activity. Those portals are mostly focused on cybersecurity threats. But the US government will “continue to plan for the worst” as it anticipates Russia continuing its misinformation efforts this year, acting Homeland Security secretary Chad Wolf told CNN last week in North Carolina. Â
Wolf also called on voters to make sure they are “getting their information straight from the source.”
States reaching out to social media
As recently as last week, Facebook removed a misleading page that falsely told North Carolina voters they could fill out one bubble on a general-election ballot in order to vote for a single party across all eligible races, said Patrick Gannon, a spokesman for the state board of elections.
The page risked confusing North Carolinians and damaging trust in the democratic process, he added, but Facebook removed it at the state’s request. Â Still, playing Whack-a-Mole against individual cases of misinformation is no substitute for providing credible information, according to state officials. Â
Experts say awareness campaigns like #trustedinfo2020 are critical to improving public trust in the democratic process. Â But, they added, there’s no single solution for a problem as abstract and multi-faceted as online misinformation, said Matt Sheehan, managing director of the Center for Public Interest Communications at the University of Florida. Â
“I wish there was a fix as simple as a hashtag, but it runs counter to how we’re wired as humans,” he said. “Our personalities and worldviews color the information we find credible, or seek out as consumers.” Â The dedication of those trying to mislead voters, as well as the natural ebb and flow of ordinary misinformation, makes it hard for officials to compete, said Rachel Goodman, an attorney at the civil society nonprofit Protect Democracy. Â
“The unfortunate reality is, because there’s so many resources on the misnformation side,” she said, “it’s hard to see until we’re really in the crucible how it really measures up.” Â By some estimates, the #trustedinfo2020 campaign doesn’t appear to have spread very far. One researcher who analyzed the hashtag told CNN that since late last year, it has been mentioned in about 10,000 tweets, mostly in posts created by election officials themselves. NASS declined to comment. Â “Ten thousand mentions since mid-November is a relatively low volume,” said Ben Nimmo, a nonresident senior fellow at the Atlantic Council’s Digital Forensic Research Lab. “It shows there’s been some pickup, but it’s not a viral phenomenon yet.” Â Source: https://edition.cnn.com/2020/03/02/politics/state-efforts-against-social-media-misinformation/index.html
Posted by AGORACOM
at 9:38 AM on Wednesday, March 4th, 2020
P&E Mining Consultants Inc. Provides Drill Hole Spacing Recommendation for the 2020 Drill Plan
Calculations include credit for previously analyzed values for Cu and Ag
Newly discovered NE Extension within the 300 Horizon. The gold-only result of 1.27 gpt Au over a 252 metre (m) interval increased to 1.51 gpt AuEq, an increase of 18.9%.
Cardston, Alberta–(Newsfile Corp. – March 4, 2020) – American Creek Resources Ltd. (TSXV: AMK) (the “Company”)
is pleased to announce the results of gold-equivalent (AuEq)
calculations for all drilling completed at JV partner Tudor Gold’s
(“Tudor”) flagship project Treaty Creek. These calculations include
credit for previously analyzed values for Cu and Ag. Geological analysis
and reinterpretation of all the drill holes to date exposed a new
copper horizon (CS 600 horizon) as well as significant silver and copper
mineralization throughout the Goldstorm system.
The strongest AuEq increase was seen in the newly discovered NE Extension within the 300 Horizon. The
gold-only result of 1.27 gpt Au over a 252 metre (m) interval increased
to 1.51 gpt AuEq (with 13.8 gpt Ag and 504 ppm Cu), an increase of
18.9%.
All drill holes at Goldstorm Zone had
significant increases to the composite results when the AuEq values for
the copper and silver mineralization were included however when the
drill holes intersected the CS-600 Horizon, the copper values within
this mineralized body had the greatest impact to an individual horizon
with up to 79.8% increase to the AuEq value from a gold-only 0.39 gpt Au over 150m to 0.70 gpt AuEq over the same 150m interval.
P&E Mining Consultants Inc. were
retained to assess all Goldstorm drill hole results and historical data
in order to render an opinion as to the consistency of the gold
mineralization as well to ascertain the recommended drill hole spacing
that would be required to potentially derive an Indicated Mineral
Resource and a Measured Mineral Resource. P&E Mining Consultants
Inc. concluded the following:
“Three dimensional continuity analyses
of the Treaty Creek drill hole assay results were carried out for the
Goldstorm Zone. The regional geological trend was used to guide the
selection of horizontal, across-strike, and dip-plane directions during
variogram fan analysis. Variogram fans were generated separately for Ag,
Au, Cu, Pb, and Zn uncapped composite samples in each zone.
All modeled semi-variograms display a
very low nugget effect, and display long range continuity down the
plunge of the mineralization and along the regional strike of the
deposits.
For the Goldstorm Zone, a drill spacing
of 200 m is recommended for Indicated Mineral Resources, and 100 m for
Measured Mineral Resources.”
Tudor’s goal is to design a diamond drill
hole program that will fast-track the exploration program for 2020 with
the objective to begin the Mineral Resource Estimate work as soon as
possible.
Vice President of Project Development Ken Konkin P.Geo. comments:
“We are very encouraged to see that the silver and copper
mineralization has made an important impact to the AuEq results from our
recent drilling as well as the historical drilling. The next step is to
plan the drill hole program for the 2020 exploration season. We
continue to work with our Mineral Resource Estimate geologists and
engineers from P&E Mining Consultants to plan the drill hole program
in order to optimize the drilling and to attempt to fast-track the
exploration program for this coming drill season
Table l provides gold equivalent composites from the 2019 drilling
and all historical drilling within the Goldstorm Zone. Table ll contains
the drill data including collar location, depth of drill holes as well
as the dip and azimuth for all drill hole.
TABLE l: Au Eq COMPOSITES GOLDSTORM ZONE
Section
HOLE ID
From
To
Interval (m)
AuEq g/t
Au g/t
Ag g/t
Cu ppm
% increase
Horizon
107+00 NE
CB-17-29
1.20
575.00
573.80
0.321
0.278
0.9
224
15.5%
300
107+00 NE
CB-17-29
60.50
333.50
273.00
0.435
0.392
1.1
197
11.0%
300
107+00 NE
CB-17-29
60.50
176.00
115.50
0.728
0.685
1.9
142
6.3%
300
107+00 NE
CB-18-32
196.50
783.50
587.00
0.542
0.497
1.6
177
9.1%
300 + CS600
107+00 NE
CB-18-32
196.50
316.50
120.00
1.082
1.045
1.7
106
3.5%
300
107+00 NE
CB-18-34
419.00
711.50
292.50
0.499
0.461
2.4
63
8.2%
300
107+00 NE
CB-18-34
831.50
897.50
66.00
0.290
0.221
1.3
361
31.2%
CS600
108+00 NE
CB-17-09
41.00
545.00
504.00
0.549
0.488
2.3
225
12.5%
300
108+00 NE
CB-17-09
41.00
200.00
159.00
0.782
0.708
2.9
261
10.5%
300
108+00 NE
CB-17-12
3.00
243.50
240.50
0.848
0.797
2.6
139
6.4%
300
108+00 NE
CB-17-12
33.00
224.00
191.00
0.979
0.923
3.0
134
6.1%
300
108+00 NE
CB-17-24
3.50
563.00
559.50
0.618
0.576
2.0
121
7.3%
300
108+00 NE
CB-17-24
62.00
275.00
213.00
1.018
0.945
3.9
180
7.7%
300
108+00 NE
CB-17-24
3.50
686.00
682.50
0.563
0.498
1.8
288
13.1%
300
108+00 NE
CB-18-36
659.50
772.00
112.50
0.487
0.454
1.8
74
7.3%
300
108+00 NE
CB-18-36
659.50
704.50
45.00
0.733
0.688
2.7
88
6.5%
300
108+00 NE
CB-18-36
682.00
703.00
21.00
1.101
1.035
4.6
79
6.4%
300
108+00 NE
CB-18-38
20.50
638.00
617.50
0.465
0.429
1.3
137
8.4%
300
108+00 NE
CB-18-38
248.50
353.00
104.50
0.733
0.639
3.4
360
14.7%
300
108+00 NE
CB-18-38
468.50
638.00
169.50
0.683
0.659
1.1
76
3.6%
300
108+00 NE
GS-19-40
23.00
350.00
327.00
0.501
0.443
1.72
251
13.1%
300
108+00 NE
GS-19-40
81.50
127.00
45.50
1.060
0.907
4.92
634
16.9%
300
108+00 NE
GS-19-41
27.50
353.00
325.50
0.724
0.589
5.25
480
22.9%
300
108+00 NE
GS-19-41
47.00
146.00
99.00
1.252
1.015
9.83
800
23.3%
300
109+00 NE
CB-16-03
88.00
708.00
620.00
0.582
0.534
1.5
202
9.0%
300
109+00 NE
CB-16-03
112.00
426.00
314.00
0.792
0.733
2.2
220
8.0%
300
109+00 NE
CB-17-04
152.10
327.00
174.90
0.827
0.803
1.0
76
3.0%
300
109+00 NE
CB-17-27
12.50
536.00
523.50
0.688
0.640
1.6
197
7.5%
300
109+00 NE
CB-17-27
12.50
350.00
337.50
0.807
0.758
2.0
169
6.5%
300
109+00 NE
CB-18-31
404.00
680.50
276.50
0.526
0.494
1.4
100
6.5%
300
109+00 NE
CB-18-31
481.00
597.00
116.00
0.773
0.732
1.8
124
5.6%
300
109+00 NE
CB-18-33B
599.00
623.00
24.00
0.435
0.367
5.4
22
18.5%
300
109+00 NE
GS-19-43
68.00
561.50
493.50
0.608
0.566
1.36
174
7.4%
300 + CS600
109+00 NE
GS-19-43
141.50
197.00
55.50
1.068
1.005
2.62
211
6.3%
300
109+00 NE
GS-19-43
405.50
561.50
156.00
0.785
0.718
1.50
325
9.3%
CS600
109+00 NE
GS-19-44
101.00
368.00
267.00
0.867
0.807
3.30
134
7.4%
300
109+00 NE
GS-19-44
125.00
275.00
150.00
1.143
1.065
4.62
151
7.3%
300
109+00 NE
GS-19-45
44.00
369.50
325.50
0.765
0.719
1.91
154
6.4%
300
109+00 NE
GS-19-45
62.00
278.00
216.00
0.947
0.901
2.27
122
5.1%
300
109+00 NE
GS-19-45
105.00
278.00
173.00
1.054
1.000
2.63
144
5.4%
300
109+00 NE
GS-19-46
34.50
628.50
594.00
0.550
0.510
1.31
165
7.8%
300 + CS600
109+00 NE
GS-19-46
175.50
337.50
162.00
0.778
0.734
1.93
135
6.0%
300
109+00 NE
GS-19-46
564.00
600.00
36.00
1.425
1.328
1.12
560
7.3%
CS600
110+00 NE
CB-17-06
182.50
589.50
407.00
0.767
0.675
3.1
369
13.6%
300
110+00 NE
CB-17-06
222.00
393.50
171.50
0.914
0.814
3.7
379
12.3%
300
110+00 NE
CB-17-07
99.50
530.00
430.50
0.697
0.625
2.4
293
11.5%
300
110+00 NE
CB-17-07
162.50
309.50
147.00
1.155
1.028
4.9
457
12.4%
300
110+00 NE
CB-18-37B
125.00
819.50
694.50
0.502
0.459
1.2
196
9.4%
300
110+00 NE
CB-18-37B
300.50
423.50
123.00
1.002
0.944
2.0
234
6.1%
300
110+00 NE
CB-18-37B
125.00
912.00
787.00
0.473
0.427
1.2
212
10.8%
300 + CS600
110+00 NE
GS-19-50
148.00
725.50
577.50
0.681
0.602
1.99
372
13.1%
300 + CS600
110+00 NE
GS-19-50
160.00
427.00
267.00
0.878
0.811
2.67
300
8.3%
300
110+00 NE
GS-19-50
652.00
736.00
84.00
0.816
0.571
2.53
1444
42.9%
CS600
110+00 NE
GS-19-51
119.00
365.00
246.00
0.777
0.722
2.31
187
7.6%
300
110+00 NE
GS-19-51
578.00
618.50
40.50
1.304
1.019
2.94
1693
28.0%
CS600
110+00 NE
GS-19-53
108.00
255.00
147.00
1.036
0.984
3.07
98
5.3%
300
111+00 NE
CB-18-39
141.50
705.30
563.80
1.086
0.981
4.4
352
10.7%
300
111+00 NE
CB-18-39
141.50
422.00
280.50
1.274
1.141
5.5
449
11.7%
300
111+00 NE
CB-18-39
539.00
695.00
156.00
1.247
1.154
4.6
257
8.1%
300
111+00 NE
GS-19-48
97.50
1024.50
927.00
0.793
0.677
3.00
543
17.1%
300 + CS600
111+00 NE
GS-19-48
97.50
426.00
328.50
1.152
1.048
4.30
354
9.9%
300
111+00 NE
GS-19-48
871.50
940.50
69.00
1.483
0.937
3.90
3364
58.3%
CS600
111+00 NE
GS-19-49
81.00
907.50
826.50
0.800
0.696
3.40
429
14.9%
300 + CS600
111+00 NE
GS-19-49
81.00
330.00
249.00
1.080
0.998
5.10
137
8.2%
300
111+00 NE
GS-19-49
483.00
606.00
123.00
1.042
0.941
1.80
538
10.7%
300
111+00 NE
GS-19-49
747.00
832.50
85.50
1.494
1.067
10.50
2035
40.0%
CS600
111+00 NE
GS-19-52
62.00
663.50
601.50
0.783
0.668
3.25
513
17.2%
300 + CS600
111+00 NE
GS-19-52
62.00
398.00
336.00
1.062
1.004
2.65
182
5.8%
300
111+00 NE
GS-19-52
513.50
663.50
150.00
0.703
0.391
6.49
1583
79.8%
CS600
112+50 NE
GS-19-42
63.50
843.50
780.00
0.849
0.683
5.80
650
24.3%
300 + CS600
112+50 NE
GS-19-42
63.50
434.00
370.50
1.275
1.097
10.00
393
16.2%
300
112+50 NE
GS-19-42
63.50
315.50
252.00
1.508
1.268
13.80
504
18.9%
300
112+50 NE
GS-19-42
717.70
843.50
125.80
0.902
0.522
3.80
2253
72.8%
CS600
114+00 NE
GS-19-47
117.50
1199.00
1081.50
0.697
0.589
3.40
450
18.3%
300 + CS600 + DS
114+00 NE
GS-19-47
200.00
501.50
301.50
0.867
0.828
2.10
96
4.7%
300
114+00 NE
GS-19-47
665.00
816.50
151.50
1.009
0.572
8.90
2228
76.4%
CS600
114+00 NE
GS-19-47
933.50
1176.50
243.00
0.996
0.908
4.80
207
9.7%
DS
* All assay grades are uncut and intervals reflect drilled intercept
lengths. True widths have not been determined as the mineralized body
remains open in all directions. Further drilling is required to
determine the mineralized body orientation and true widths.
HQ and NQ2 diameter core samples were sawn in half and typically sampled at standard 1.5m intervals.
**Metal prices used to calculate the AuEq metal content are: Gold
$1322/oz, Ag: $15.91/oz, Cu: $2.86/lb. All metals are reported in USD
and calculations do not consider metal recoveries
The goal is to design a diamond drill hole program for the 2020
exploration program with the objective to begin the Mineral Resource
Estimate work at the end of the 2020 field season. Tudor hopes to
accomplish as much drilling needed to bring a Measured and Indicated
Mineral Resource Estimate forward as quickly as possible.
Walter Storm, President and CEO, stated: “These
new gold equivalents are extremely encouraging as our technical team
continues to take positive steps advancing Tudor Gold’s flagship Treaty
Creek Au-Ag-Cu project. Furthermore we received good news from P&E
Mining Consultants Inc. that the drill hole spacing required to derive a
Measured Resource is 100 meters due to the homogenous nature of the
AuEq composites obtained to-date. During the new few weeks, our
geologist and engineers will continue to work with the geological model
and begin to prepare the diamond drill hole proposal for 2020.”
The Treaty Creek Project is a Joint Venture with Tudor Gold owning
3/5th and acting as operator. American Creek and Teuton Resources each
have a 1/5th interest in the project. American Creek and Teuton are both
fully carried until such time as a Production Notice is issued, at
which time they are required to contribute their respective 20% share of
development costs. Until such time, Tudor is required to fund all
exploration and development costs while both American Creek and Teuton
have “free rides”.
QA/QC
Drill core samples were prepared at MSA Labs’ Preparation Laboratory
in Terrace, BC and assayed at MSA Labs’ Geochemical Laboratory in
Langley, BC. Analytical accuracy and precision are monitored by the
submission of blanks, certified standards and duplicate samples inserted
at regular intervals into the sample stream by Tudor Gold personnel.
MSA Laboratories quality system complies with the requirements for the
International Standards ISO 17025 and ISO 9001. MSA Labs is independent
of the Company.
Qualified Person
The Qualified Person for this news release for the purposes of
National Instrument 43-101 is the Company’s Vice President of Project
Development, Ken Konkin, P.Geo. He has read and approved the scientific
and technical information that forms the basis for the disclosure
contained in this news release.
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 Company is available on its website at www.americancreek.com
Posted by AGORACOM-JC
at 5:00 PM on Tuesday, March 3rd, 2020
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Experts Talk Deepfake Technology at NYU Conference
Deepfakes are fabricated videos made to appear real using artificial intelligence
In some cases, the technology realistically imposes a face and voice over those of another individual
Andrew Califf, Contributing Writer
The Greenberg Lounge in Vanderbilt Hall was packed full by attendees
listening to keynote speaker Kathryn Harrison from the DeepTrust
Alliance. The NYU Journal of Legislation and Public Policy as well as
the Center for Cybersecurity hosted the conference at NYU Law about the
problem of deepfakes and the law. (Staff Photo by Alexandra Chan)
Laughter rippled through NYU Law School’s Greenberg Lounge Monday morning after the founder and CEO of DeepTrust Alliance,
a coalition to fight digital disinformation — Kathryn Harrison — played
a video of actor Jordan Peele using deepfake technology to imitate President Obama.
Deepfakes are fabricated videos made
to appear real using artificial intelligence. In some cases, the
technology realistically imposes a face and voice over those of another
individual.
The technology poses implications
such as harassment, the spread of disinformation, manipulation of the
stock market, theft and fear-mongering, Harrison said.
Harrison and other professionals
spoke at Vanderbilt Hall this Monday at an NYU Center for Cybersecurity
and the NYU Journal of Legislation & Public Policy conference to
spread awareness about this deceptive technology, and to look at
technological, legal and practical ways to combat the deception.
The professionals consisted of
journalism, legal and cybersecurity experts who combat troubles posed by
the rapidly developing technology in different ways.
The tone of the room shifted to silence as Harrison continued her keynote speech to discuss how the technology was used to harass Rana Ayyub — an Indian journalist who was critical of Prime Minister Narendra Modi — by putting her face into pornographic material.
“Imagine if this was your teenage daughter, who said the wrong thing to the wrong person at school,†Harrison said.
Distinguished Fellow at the NYU Center for Cybersecurity Judi Germano said the solution for combatting deepfakes is two-fold.
“There is a lot of work to be done to
confront the deepfakes problem,†Germano told WSN. “In addition to
technological solutions, we need policy solutions.â€
Germano moderated the event’s first
panel, which specifically focused on technology, fake news and detection
of deepfakes. She also discussed the role deepfakes play in the spread
of disinformation.
Despite how innovative deepfake
technology is, experts such as Corin Faife — a journalist specializing
in AI and disinformation — consider them to be a new form of an old
problem.
“One of the important things for
deepfakes is to put it into context of this broader problem of
disinformation that we have, and to understand that that is an
ecosystemic problem,†Faife explained to WSN in an interview. “There are
multiple different contributing factors, and [the technological
solutions] are no good if people won’t accept that a certain video is
false or manipulated because of their preexisting beliefs.â€
This line of thought is why some are hesitant to push through legislature regarding deep fake technology. The director of the American Civil Liberties Union’s
Speech, Privacy and Technology Project, Ben Wizner, took this position
during the second panel on how legislature should evolve to deal with
deepfakes.
Since deepfakes are a means to commit illegal acts, Rob Volkert, VP of Threat Investigations at Nisos, understands his fellow panelist’s mindset. Volkert said he also struggles with pinpointing who to accuse.
“The responsibility is on the user,
not on the platform,†Volkert told WSN in an interview after explaining
how the market for deepfake software does not need to hide in the dark
web.
Deepfake technology is an ominous
cloud approaching the presidential election and that is why it was an
appropriate topic for this event, Journal of Legislation and Public Policy board member Lisa Femia said.
Facebook’s Cybersecurity Policy Lead
Saleela Khanum, who spoke during the conference, raised a point about
public trust during elections.
“There should not be a level of distrust that we therefore trust nothing,†Khanum said to the audience.
Posted by AGORACOM-JC
at 4:21 PM on Tuesday, March 3rd, 2020
SPONSOR: BetterU Education Corp.
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company plans to bridge the prevailing gap in the education and job
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As exit scene evolves, Indian tech startups find local buyers
Exits often happen at an early stage for small, undisclosed sums
Exits are important for the startup ecosystem because investors get
returns and VC money can flow back to support new entrepreneurs
BENGALURU : Funding, product-market fit, growth
hacks, being agile, scaling—entrepreneurs obsess about all these and
more when they start up. Exits are far from their thoughts, till they
suddenly find themselves in a situation where they’re scrambling to get
their books in order for an acquisition. It’s best to have an open mind,
even if one can’t predict how a startup will fare.
Big deals like Walmart’s $16 billion acquisition of Flipkart in 2018
are as rare as the Comet Halley. Last year’s biggest acquisition was of
Yatra by Ebix for $338 million. Most deals are much smaller. Data
tracker Tracxn puts the median value of startup acquisitions last year
at $20 million, taking into account only the ones where the acquisition
price was disclosed.
Exits often happen at an early stage for small, undisclosed sums. CB
Insights research shows nearly half of all exits last year were of
startups that hadn’t gone beyond seed or series A funding.
Reasons to exit vary. For some, it’s an opportunity to take the money
on the table for founders, employees and investors, while placing the
innovation in an environment where it can go mainstream and grow bigger.
For others, it may just be a better outcome than the startup shutting
down or becoming a zombie. Some are acqui-hires, where a startup is
acquired for its tech talent rather than a product or service.
“If you’re not able to build a business as a standalone profitable
organization or attract the kind of capital needed for a venture funded
business, there’s no shame in exploring opportunities in mergers and
acquisitions,” says Rohan Malhotra, partner at Good Capital. “Often a
missing piece that a small company provides is just what a large company
has been looking for and is often beneficial for all the shareholders
across the transaction.”
MAKING MONEY FLOW
Exits are important for the startup ecosystem because investors get
returns and VC money can flow back to support new entrepreneurs. The
Flipkart deal did a lot in that respect, but mid-sized deals are just as
vital as outliers.
Many of these represent strategic business acquisition or
consolidation. For example, last month Bengaluru-based digital payments
startup Instamojo acquired Gurugram’s SaaS startup GetMeAShop, which
helps kirana stores get online. One of the significant inbound
deals last year was Cisco’s acquisition of Bengaluru-based customer
analytics startup CloudCherry, which had raised $16 million in seed and
series A funding.
Reliance Industries has taken the lead in corporate acquisitions of
startups. Fashion etailer Fynd, website creator Nowfloats, hyperlocal
restaurant delivery service Grab, fluid dynamics software maker
Sankhyasutra Labs and drone maker Asteria were among its acquisitions
last year. Also, an edtech startup it had acquired earlier, Embibe,
merged with personalized digital learning app Funtoot. Reliance Jio also
acquired Haptik for its AI virtual assistants.
Apart from mergers and acquisitions, early stage investors also get
exits from follow-on funding rounds when larger VCs come in. “Investors
need liquidity which often comes from secondary transactions,” says Neha
Singh, co-founder of Tracxn.
SoftBank’s mega investments in India, starting in 2014, moved the
needle the most, preceded by US’ Tiger Global. But the WeWork implosion
has put SoftBank on the back foot as it had to write off $4.6 billion
from its investment in the office space company. This has put a spanner
in the works of late stage deals in recent times, although Indian
startups raised a record $14.5 billion last year, according to Tracxn.
That’s more than three times the $4.3 billion invested in the slowdown
year of 2016, which followed the exuberance of the previous two years.
THE LOCAL CYCLE
“Like investments, exits have also improved along with the quality of
entrepreneurs,” says Manish Singhal, founding partner at Pi Ventures.
He cites last week’s example of customer engagement platform Freshworks
acquiring AnswerIQ, which offers AI-assisted self-service. “The most
interesting piece that has moved in the last couple of years is that
Indian startups are buying Indian startups,” he says.
The local cycle of investment and exit would reduce dependence on
external factors going forward. “What excites me is that people in India
are starting to appreciate technology developed in India. That’s why
local acquisitions are happening,” he says.
Singhal doesn’t worry about a large number of acquisitions being
small pops rather than high value deals. “As an angel investor, if I get
a small exit, I will put the money in some more companies. Anything
that circulates money in a rather constipated investment scene in India
is good for the ecosystem.”
Source:
https://www.livemint.com/companies/start-ups/as-exit-scene-evolves-indian-tech-startups-find-local-buyers-11583076229165.html
Posted by AGORACOM
at 10:09 AM on Tuesday, March 3rd, 2020
Loncor Resources Inc. (“Loncor” or the “Company“)
(TSX: “LN”; OTCQB: “LONCF”) is pleased to announce the appointment of
Mr. John Barker as Vice President of Business Development for Loncor.
Arnold Kondrat, Chief Executive Officer of Loncor, commented: “We
welcome John Barker as Vice President of Business Development for
Loncor. Mr. Barker has over 30 years of global mining experience
encompassing many key elements of the mining world, and I look forward
to working with him and the team to unlock the potential evident in the
Ngayu gold belt.â€
Mr.
Barker has 15 years’ experience as a leading mining analyst, including
with RBC DS heading up their Global Gold Mining initiative and focussing
on African mining equities. Subsequently, he was Vice President
Corporate Development for TSX-listed SouthernEra Resources, which was
taken over by Lonmin, and was instrumental in the Guinor Gold sale to
Crew Gold. More recently he has been involved in various copper,
diamond and platinum initiatives in Southern Africa. During his career
he has been involved in numerous asset sales and equity issues raising
over US$600m in Canada, Australia, Europe and RSA. Mr. Barker
commented: “Loncor
offers the chance to get involved in a region of the world that is only
now starting to show its true gold producing potential through the
success of the Barrick-operated Kibali gold mine. The Ngayu belt holds
the potential of similar discoveries and I am excited on helping the
company utilise its vast in-country experience to realise value for all.â€
About Loncor Resources Inc. Loncor
is a Canadian gold exploration company focussed on the Ngayu Greenstone
Belt in the Democratic Republic of the Congo (the “DRCâ€).
The Loncor team has over two decades of experience of operating in the
DRC. Ngayu has numerous positive indicators based on the geology,
artisanal activity, encouraging drill results and an existing gold
resource base. The area is 200 kilometres southwest of the Kibali gold
mine, which is operated by Barrick Gold (Congo) SARL (“Barrickâ€).
In 2019, Kibali produced record gold production of 814,000 ounces at
“all-in sustaining costs†of US$693/oz. Barrick has highlighted the
Ngayu Greenstone Belt as an area of particular exploration interest and
is moving towards earning 65% of any discovery in 1,894 km2 of Loncor
ground that they are exploring. As per the joint venture agreement
signed in January 2016, Barrick manages and funds exploration on the
said ground at the Ngayu project until the completion of a
pre-feasibility study on any gold discovery meeting the investment
criteria of Barrick. In a recent announcement Barrick highlighted six
prospective drill targets and are moving towards confirmation drilling
in early 2020. Subject to the DRC’s free carried interest requirements,
Barrick would earn 65% of any discovery with Loncor holding the balance
of 35%. Loncor will be required, from that point forward, to fund its
pro-rata share in respect of the discovery in order to maintain its 35%
interest or be diluted.
In
addition to the Barrick JV, certain parcels of land within the Ngayu
project surrounding and including the Makapela and Adumbi deposits have
been retained by Loncor and do not form part of the joint venture with
Barrick. Barrick has certain pre-emptive rights over the Makapela
deposit. Loncor’s Makapela deposit has an Indicated Mineral Resource of
614,200 ounces of gold (2.20 million tonnes grading 8.66 g/t Au) and an
Inferred Mineral Resource of 549,600 ounces of gold (3.22 million
tonnes grading 5.30 g/t Au). Adumbi and two neighbouring deposits hold
an Inferred Mineral Resource of 1.675 million ounces of gold (20.78
million tonnes grading 2.5 g/t Au), with 71.25% of this resource being
attributable to Loncor via its 71.25% interest.
Resolute
Mining Limited (ASX/LSE: “RSG”) owns 25% of the outstanding shares of
Loncor and holds a pre-emptive right to maintain its pro rata equity
ownership interest in Loncor following the completion by Loncor of any
proposed equity offering. Newmont Goldcorp Corporation (NYSE: “NEM”;
TSX: “NGT”) owns 7% of Loncor’s outstanding shares.
Additional information with respect to Loncor and its projects can be found on Loncor’s website at www.loncor.com
Posted by AGORACOM
at 10:02 AM on Tuesday, March 3rd, 2020
Affinity Metals Corp. (TSXV: AFF) (“Affinity” or the “Company“) announces that it has closed the first tranche (the “First Tranche“) of its non-brokered private placement (the “Offering“)
previously announced on February 6, 2020. Under the First Tranche, the
Company has issued 1,960,000 units for gross proceeds of $392,000. No
finder’s fees were paid in connection with the First Tranche.
All
securities issued under the First Tranche are subject to a hold period
expiring June 29, 2020, in accordance with applicable securities laws
and the policies of the TSX Venture Exchange.
A company owned by Sean Pownall, a director of the Company (the “Insider“),
participated in the private placement and purchased 625,000 units for
aggregate gross proceeds of $125,000. Participation by the Insider in
the private placement is considered a “related party transaction”
pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101“).
The Company is exempt from the requirements to obtain a formal
valuation and minority shareholder approval in connection with the
Insider’s participation in the private placement in reliance of sections
5.5(a) and 5.7(a) of MI 61-101, respectively, on the basis that
participation in the Offering by the Insider did not exceed 25% of the
fair market value of the Company’s market capitalization The Company did
not file a material change report at least 21 days prior to the First
Tranche closing of the Offering as participation of the Insider had not
been confirmed at that time.
This
news release does not constitute an offer to sell or a solicitation of
an offer to buy any of the securities in the United States of America.
The securities have not been and will not be registered under the United
States Securities Act of 1933 (the “1933 Act”) or any state securities
laws and may not be offered or sold within the United States or to U.S.
Persons (as defined in the 1933 Act) unless registered under the 1933
Act and applicable state securities laws, or an exemption from such
registration is available.
About Affinity
Affinity
is a Canadian mineral exploration company focused on advancing the
Regal polymetallic project located near Revelstoke, British Columbia,
Canada.
Information related to the Company and the Regal project can be found on the Company’s website at:www.affinity-metals.com.
On behalf of the Board of Directors
Robert Edwards CEO and Director of Affinity Metals Corp. The Company can be contacted at: [email protected] or by phone at 604-227-3554.
Posted by AGORACOM-JC
at 8:12 AM on Tuesday, March 3rd, 2020
Adam Smith is a bad ass Green Beret with nearly 17 years of service to his country …. who put a gun in his mouth when his PTSD simply became too much to handle. Pharma drugs prescribed by doctors were actually making his problems worse and he had nowhere to turn.  Â
More than just a story, watch his 2-minute video within our video interview with him and Hollister Biosciences CEO, Carl Saling. Be prepared. Â
Thankfully, a fellow soldier told him about CBD and Smith experienced firsthand how CBD can help retired and active-duty (military and law enforcement) ease their physical and mental issues – especially those who suffer from PTSD and TBI (Traumatic Brain Injury).  Â
The results were so dramatic that Smith’s new mission was to get CBD into the hands of as many soldiers as possible. He founded Tactical Relief and the rest is history. Tactical Relief creates, promotes and sells the highest quality and “most patriotic” CBD oils in the country.  Â
Yes, it’s a great business with tremendous potential for exponential growth. But profit isn’t driving this partnership between Smith and Carl Saling, who himself became very emotional when he shared his family’s deep military roots …. and struggles with PTSD. Â
As an investor in Hollister, you’ll love what this partnership can do for the company. As a human, you’ll love what this partnership is going to do for retired and active-duty military personnel. As a host, I’ve never been more proud of two guests on AGORACOM. Â
Sit back and be prepared to watch the most powerful interview ever produced by AGORACOM.  Â
Please share this video on your social networks so that military personnel and their families can discover Tactical Relief. Â
Physician Groups Order The Heartcheck(TM) Cardibeat For In-Home Arrhythmia And Atrial Fibrillation Monitoring
Confirms market traction with orders being placed by physician
groups for the newly launched HeartCheck™ CardiBeat Handheld ECG monitor
and GEMS™ Mobile Smartphone app for prescribed in-home arrhythmia
monitoring.
Partners in Advanced Cardiac Evaluation, the largest arrhythmia
practice in Ontario (Canada) placed a first order of the HeartCheck™
CardiBeat Handheld ECG monitors and is recommending its patients to use
the devices for one year of in-home, self-monitoring with an emphasis on
detecting a recurrence of Atrial Fibrillation following cardiac
ablation treatment for AF.
Posted by AGORACOM-JC
at 4:00 PM on Monday, March 2nd, 2020
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Fake News In 2020 Election Puts Social Media Companies Under Siege
The social media giant recently unearthed hundreds of fake accounts that originated not only in Russia but Iran and Vietnam as well
Facebook says their purpose was clear: Sow confusion in the U.S. and ultimately disrupt the integrity of this year’s U.S. presidential contest
The struggle to keep the 2020 election free of fake news on social
media already is proving to be an uphill battle. Just ask the watchdogs
at Facebook (FB) who are battling more disinformation than ever, courtesy of “deepfakes” and other new weapons of deception.
The social media giant recently unearthed hundreds of fake accounts
that originated not only in Russia but Iran and Vietnam as well.
Facebook says their purpose was clear: Sow confusion in the U.S. and
ultimately disrupt the integrity of this year’s U.S. presidential
contest. Facebook purged the fake accounts in early February, and says it has heavily beefed up its safety and security team.
Halting the flood of Facebook fake news and misinformation on other
platforms is critical to social media companies. Failure on their part
runs the risk of alienating loyal users and angering lawmakers, who
could slap them with new regulations. And the scrutiny is sure to grow
after reports this week said
U.S. intelligence officials have told Congress that Russia already is
meddling in this year’s elections to boost President Donald Trump’s
reelection chances.
Clearly, U.S. election misinformation is a blossoming enterprise. In
2016 Russia established numerous fake accounts on Facebook, Twitter (TWTR) and the YouTube unit of Alphabet (GOOGL).
In 2020 these efforts continue to expand both inside and outside Russia
— and across all walks of social media. America’s enemies have put the
nation’s electoral process in the crosshairs with fake news stories on
social media and deepfakes, or doctored videos.
“What started as a Russian effort to undermine elections and cause
chaos and basically reduce faith in our democratic institutions is now
becoming a free-for-all,” said Lisa Kaplan, founder of Alethea Group, a
consulting group that helps businesses, politicians and candidates
protect themselves against disinformation.
Fake News On Social Media In The 2020 Election
Election meddling goes back decades, but the internet has greatly
amplified the disruption. Anyone with an internet connection has a
megaphone to the world. And that means governments in Russia, China,
Iran and others who are less than friendly to the U.S. are actively
using social media to influence the nation and its electorate, according
to intelligence agencies and studies.
“Lying is not a new concept but … knowing that a majority of
Americans get their news online through social media, it’s easy to
misinform and manipulate people,” Kaplan said. “It makes it much easier
for bad actors to launch these large-scale persuasion campaigns.”
Facebook fake news is a huge problem for the company. The same goes
for Twitter and YouTube. Senior executives of these social media
companies have spent considerable time over the past few years
testifying at congressional inquiries and investigations.
At the same time, they’re struggling to stop a steady flow of fake
news and disinformation planted on their platforms. Not only are the
disinformation campaigns coming from overseas but from domestic groups
as well.
FBI Director Christopher Wray says Russia continues to conduct an
“information warfare” operation against the U.S. ahead of the 2020
election. Wray on Feb. 5 told the House Judiciary Committee that Moscow
is using a covert social-media campaign.
“It is that kind of effort that is still very much ongoing,” Wray told the panel. “It’s not just an election cycle; it’s an effort to influence our republic in that regard.”
Anger Over Fake News On Social Media
The efforts by Russia and others have ushered in a new era of
scrutiny for tech giants. U.S. Sen. Elizabeth Warren, D-Mass., one of
the Democratic presidential hopefuls, has taken aim at Facebook fake
news and company Chief Executive Mark Zuckerberg. She chides Facebook
for spreading disinformation against her and other candidates.
In late January, Warren pledged that her campaign would not share
fake news or promote fraudulent accounts on social media. It’s part of
her plan to battle disinformation and hold Facebook, Google and Twitter
responsible for its spread.
“Anyone who seeks to challenge and defeat Donald Trump in the 2020
election must be fully prepared to take on the full array of
disinformation that foreign actors and people in and around the Trump
campaign will use to divide Democrats, suppress Democratic votes, and
erode the standing of the Democratic nominee,” Warren said in a written
statement on her campaign website.
She added: “And anyone who seeks to be the Democratic nominee must
condemn the use of disinformation and pledge not to knowingly use it to
benefit their own candidacy or damage others.”
More fuel to that fire came Thursday. Reports that Russia already is
actively meddling in the 2020 race drew concerns from lawmakers. The
news also angered Trump, who expressed fear Democrats would use the
information against him in the campaign. Trump dismissed Joseph Maguire,
former acting director of national intelligence, for telling the House
Intelligence Committee of the interference.
The widespread misuse of social media came to light in early 2018
during the investigation of Cambridge Analytica, a data mining and
analysis firm used by President Trump’s 2016 campaign. Through trickery
and deception, Cambridge Analytica accessed personal information
on 87 million Facebook users without their knowledge and used that data
to target specific readers with fake stories, divisive memes and other
content.
Media executives later were called before Congress to discuss what
they intended to do about disinformation for 2020. Congressional probes
revealed the ease of manipulating their platforms.
Facebook, Twitter and Google have responded with a slew of election
integrity projects such as new restrictions on postings. They also
increasingly try to root out what they call “inauthentic behavior” —
users assuming a false identity.
In response to written questions from IBD, Facebook says the size of
its teams working on safety and security matters is now 35,000, triple
its 2017 level. It also created rapid response centers to monitor
suspicious activity during the 2020 election.
“Since 2017, we’ve made large investments in teams and technologies
to better secure our elections and are deploying them where they will
have the greatest impact,” Facebook spokeswoman Katie Derkits said in a
written statement.
Twitter Bans Political Ads In 2020 Election
In late October, Twitter Chief Executive Jack Dorsey banned all
political advertising from his network. Google quickly followed suit,
putting limits on political ads across some of its properties, including
YouTube.
“As caucuses and primaries for the 2020 presidential election get
underway, we’ll build on our efforts to protect the public conversation
and enforce our policies against platform manipulation,” Carlos Monje,
Twitter’s director of public policy and philanthropy, told Investor’s
Business Daily in written remarks. “We take the learnings from every
recent election around the world and use them to improve our election
integrity work.”
In September, Twitter suspended more than 10,000 accounts
across six countries. The company said the accounts actively spread
disinformation and encouraged unrest in politically sensitive regions.
YouTube and Google plan to restrict how precisely political advertisers can target an audience on their services.
Playing Whack-A-Mole With Facebook Fake News
Will these efforts make a difference in the 2020 election?
Research suggests social media firms will play a game of
whack-a-mole. They’ve deleted thousands of inauthentic accounts with
millions of followers. But that hasn’t stopped people from finding new
ways to get back online and send out fake news.
In the most recent takedown of accounts by Facebook, Russia was the
largest target. Facebook removed 118 accounts, groups and pages that
targeted Ukraine citizens. Other Russia sites focused on its involvement
in Syria and ethnic tensions in Crimea.
“Although the people behind this network attempted to conceal their
identities and coordination, our investigation found links to Russian
military intelligence services,” Facebook said in a blog post announcing
the slate of removals.
Facebook’s head of cybersecurity policy, Nathaniel Gleicher, said the
social media company also removed 11 accounts distributing fake news
from Iran. The accounts focused mostly on U.S.-Iran relations,
Christianity and the upcoming election.
“We are making progress rooting out this abuse, but as we’ve said before, it’s an ongoing challenge,” Gleicher wrote.
Emerging Threat Of Deepfakes In 2020 Election
In December, Facebook and Twitter disabled a global network of 900
pages, groups and accounts sending pro-Trump messages. The fake news
accounts managed to avoid detection as being inauthentic. And they used
photos generated with the aid of artificial intelligence. The campaign
was based in the U.S. and Vietnam.
“There’s no question that social media has really changed the way
that we talk about politics,” said Deen Freelon, a media professor at
the University of North Carolina at Chapel Hill. “The No. 1 example is
our president who, whether you like him or not, uses social media in
ways that are unprecedented for a president and I would say any
politician.”
The other fake news threat that social media companies face is from
deepfakes. The level of realism in deepfakes has increased vastly from
just a year ago, analysts say.
Using artificial intelligence technology, deepfake purveyors replace a
person in an existing image or video with someone else’s
likeness. Users also employ artificial intelligence tools in deepfakes
to misrepresent an event that occurred. Deepfakes can even manufacture
an event that never took place.
“Deepfakes are pretty scary to me,” said Freelon. “But I also think
the true impact of deepfakes won’t become apparent until the technology
gets developed a bit more.”
Cheapfakes: A Simpler Kind Of Fake News
Simpler versions of deepfakes get the name “cheapfakes,” or videos altered with traditional editing tools or low-end technology.
An example of a cheapfake that went viral was an altered video of
House Speaker Nancy Pelosi. The edited video slowed down her speech to
make her seem inebriated. That prompted right-wing cable news pundits to
question Pelosi’s mental health and fitness to serve office.
YouTube removed the video. Facebook did not. Only videos generated by
artificial intelligence to depict people saying fictional things would
be removed, Facebook said. It eventually placed a warning label on the Pelosi video.
In January, Facebook took steps to ban many types of misleading
videos from its site. It was part of a push against deepfake content and
online misinformation campaigns.
Facebook said in a blog post
that these fake news videos distort reality and present a “significant
challenge” for the technology industry. The rules will not apply to
satire or parody.
In February, Twitter changed its video policies, saying it would more
aggressively scrutinize fake or altered photos and videos. Starting in
March, Twitter will add labels or take down tweets carrying manipulated
images and videos, it said in a blog post.
But are the hurdles too high to surmount? A Massachusetts Institute
of Technology study last year concluded fake news is more likely to go
viral than other news. And it showed that a false story reached 1,500
people six times quicker than a true story.
As to why falsehoods perform so well, the MIT team settled on the hypothesis that fake news is more “novel” than real news. Subsequently, it evokes more emotion than the average tweet or post.
Ordinary social media users play a role in spreading fake news as
well. The determining factor for whether people spread disinformation is
the number of times they see it.
People who repeatedly encounter a fake news item may feel less
unethical about sharing it on social media. That comes regardless of
whether they believe it is accurate, according to a study published in the journal Psychological Science.
“Even when they know it’s false, if they repeatedly encounter it,
they feel it’s less unethical to share and they’re less likely to
censor,” said Daniel Effron, professor of Organizational Behavior at the
London Business School and an author of the study. “It suggests that
social media companies need a different approach to combating the spread
of disinformation.”
Letting Consumers Decide On Fake News
The findings carry heavy implications for industry executives hoping to stop 2020 election fake news on social media.
“We suggest that efforts to fight disinformation should consider how
people judge the morality of spreading it, not just whether they believe
it,” Effron said.
After the Cambridge Analytica scandal, Facebook promised to do
better, and rolled out a number of reforms. But in October, Zuckerberg
delivered a strongly worded address at Georgetown University, defending
unfettered speech, including paid advertising.
Zuckerberg says he wants to avoid policing what politicians can and
cannot say to constituents. Facebook should allow its social media users
to make those decisions for themselves, he contends.
Facebook officials repeatedly warn against significant changes to its
rules for political or issue ads. Such changes could make it hard for
less well-funded groups to raise money for the 2020 election, they say.
“We face increasingly sophisticated attacks from nation states like
Russia, Iran and China,” Zuckerberg said. “But, I’m confident that we’re
more prepared now because we’ve played a role in defending against
election interference in more than 200 elections around the world since
2016.”
Posted by AGORACOM
at 9:53 AM on Monday, March 2nd, 2020
ZEN Graphene Solutions Ltd. (TSXV: ZEN) “ZEN” or the “Company“) is pleased to announce the launch of Albany Pure TM graphene products on their website at https://shop.zengraphene.com/.
The Company is planning to expand its product line to bring Graphene
Quantum Dots, Graphene Oxide, Reduced Graphene Oxide, and other
graphene-based products to the market.
The
Company is ramping up its new lab facility in Guelph, Ontario and is
working towards larger-scale graphene production. The graphene precursor
material is sourced from the unique, igneous-hosted Albany Graphite
Deposit in Northern Ontario. As part of the company’s business
development plan, ZEN is actively working with several industries to
functionalize and test its graphene products in their applications with
the potential for subsequent industry partnerships and agreements.
About ZEN Graphene Solutions Ltd.
ZEN
is an emerging graphene technology solutions company with a focus on
the development of graphene-based nanomaterial products and
applications. The unique Albany Graphite Project provides the company
with a potential competitive advantage in the graphene market as
independent labs in Japan, UK, Israel, USA and Canada have independently
demonstrated that ZEN’s Albany PureTM Graphite is an ideal precursor
material which easily converts (exfoliates) to graphene, using a variety
of mechanical, chemical and electrochemical methods.
