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Tartisan #Nickel $TN.ca – Nickel soars on talk of #Indonesia export ban $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 10:50 AM on Thursday, August 8th, 2019

SPONSOR: Tartisan Nickel (TN:CSE)  Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information

Tc logo in black
TN: CSE
Fact Sheet
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  • Nickel prices shot up on Thursday, with London nickel set for its biggest one-day gain in a decade
  • Three-month nickel on the London Metal Exchange rallied as much as 12.7%

SINGAPORE — Nickel prices shot up on Thursday, with London nickel set for its biggest one-day gain in a decade and Shanghai nickel touching a record high amid worries that major supplier Indonesia could soon ban exports of ore.

Three-month nickel on the London Metal Exchange rallied as much as 12.7%, its strongest one-day jump since 2009, while the most-traded nickel contract on the Shanghai Futures Exchange rallied to 124,890 yuan ($17,736.53) a tonne, its highest on record.

Traders and analysts cited market chatter that major nickel ore supplier Indonesia, which also supplies tin, would soon ban exports of some ores.

“I just heard that there will be a regulation released in the near future, but details are unclear,” said a nickel analyst.

London tin rallied 2.3% and Shanghai tin jumped 2.1% by 0200 GMT.

“People believe the ban is coming,” said an executive at a major nickel producer in Indonesia.

Source: https://business.financialpost.com/pmn/business-pmn/nickel-soars-on-talk-of-indonesia-export-ban

GGX Gold $GGX.ca – China Scoops Up More Gold for Reserves During Trade War $XIM.ca $K.ca $GOM.ca

Posted by AGORACOM at 10:48 AM on Thursday, August 8th, 2019

SPONSOR: GGX Gold Corp (TSX-V: GGX) GGX’s Gold Drop Property resides within a multi-million ounce gold producing region in British Columbia. The property holds the C.O.D. Vein and recently discovered Everest Vein. GGX has initiated 2019 drilling at Gold Drop. Click Here for More Info

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  • Beijing wants more gold in its reserves.
  • China’s central bank expanded gold reserves again in July, pressing on with a run that stretches back to December.
  • The People’s Bank of China raised holdings to 62.26 million ounces from 61.94 million a month earlier, according to data on its website.
  • In tonnage terms, the inflow was close to 10 tons, following the addition of about 84 tons in the seven months to June.
https://www.newsmax.com/Newsmax/files/1e/1e2a6f95-5225-4b09-827b-bbb3e764ebc0.jpg

There’s a powerful constant amid the to-and-fro of the U.S.-China trade war as currency policy gets dragged into the standoff between the world’s two top economies: Beijing wants more gold in its reserves.

China’s central bank expanded gold reserves again in July, pressing on with a run that stretches back to December. The People’s Bank of China raised holdings to 62.26 million ounces from 61.94 million a month earlier, according to data on its website. In tonnage terms, the inflow was close to 10 tons, following the addition of about 84 tons in the seven months to June.

Gold has rallied in 2019 to a hit a six-year high as global growth stutters, central banks including the Federal Reserve eased policy, and the festering trade war all combined to bolster demand. Increased central-bank buying from China to Russia and Poland has helped to buttress consumption at a time of rising prices. This week, the conflict between Washington and Beijing worsened as the yuan was allowed to breach a key level, reinforcing the case for havens.

“It is important for the country to diversify away from the U.S. dollar,” Philip Klapwijk, managing director at consultant Precious Metals Insights Ltd., said before the PBOC’s latest figure was released. “Over the long run, even relatively small-scale gold purchases add up and help to meet this objective.”

Gold futures rose as much as 1.3% to $1,503.30 an ounce on Wednesday, the highest since 2013, before trading at $1,500.70 at 11:26 a.m. in London.

“This fits with China’s well established pattern of increasing gold reserves month after month but not in a large enough volume to disrupt the gold market,” said Ross Strachan, a senior commodities economist at Capital Economics Ltd. “We expect them to continue this trend as part of their long-term strategy to diversify their foreign exchange reserves.”

Central banks continued to load up on gold this year, helping push total bullion demand to a three-year high in the first half, according to the World Gold Council. That trend is expected to continue, with a survey of central banks showing 54% of respondents expect holdings to climb in the next 12 months.

“Bear in mind that China is the largest mine producer of gold in the world,” Klapwijk added. “The state can always buy local mine production using” local currency, he said.

SOURCE: https://www.newsmax.com/finance/markets/china-gold-reserves-trade-war/2019/08/07/id/927608/

CLIENT FEATURE: Applied BioSciences $APPB – Leveraging Science Based Cannabinoid for Future Success $CGRW $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $HIP.ca $WMD.ca

Posted by AGORACOM at 10:46 AM on Thursday, August 8th, 2019
  • Key Management appointments, including Raymond W. Urbanski MD, PhD, former business unit Chief Medical Officer at Pfizer Inc., as Chief Executive Officer provides extensive industry leading expertise, strategic focus and discipline on the execution of corporate initiatives
  • Purposefully built strategic business units focused on leveraging science-driven cannabinoid research to address areas of significant unmet needs and access growing markets

Corporate Highlights

  • Renewed strategy focused on leveraging endocannabinoid system to develop high-value products across three separate business units, including:
  • Biopharmaceuticals: goal to develop novel therapeutics to treat serious diseases across a range of therapeutic areas, including metabolic, peripheral neuropathy and progressive lung disease
  • CBD Products: multiple brands offering high-quality CBD products to the highest regulatory standards;
  • Bolstered leadership team with highly qualified individuals including Raymond W. Urbanski MD, PhD, as Chief Executive Officer, former business unit Chief Medical Officer at Pfizer Inc. and well-established industry leading expert with over 20 years of experience in clinical development, research and pharmaceutical industry expertise across oncology, cardiology, endocrinology, and immunology;
  • Appointed Martin Schroeder to the Scientific Advisory Board and as President of Applied BioPharma. Mr. Schroeder has over 30 years of experience in the pharmaceutical and biotech industries and has helped many biotech and pharmaceutical companies conduct search and evaluation of compounds and molecules;
  • Launched multiple new products and expanded into the Beverage and Health / Wellness category with Remedi Spa and Remedi Beverage and Shot;
  • Commenced discussions regarding proposed scientific trials with two leading Universities specializing in Veterinary Medicine;
  • Announced the acquisition of Trace Analytics with over 65 years of combined experience in the global testing market for Cannabis and Hemp;
  • Partnered with Boxing Heavyweight Champion, Shannon “The Cannon” Briggs to launch Champ Organics, an athlete-focused cannabidiol (“CBD”) based health and wellness supplements product line that enhances training and recovery; and
  • Launched robust business development initiative to build biopharmaceuticals pipeline.

About Applied BioSciences Corp.
Applied BioSciences Corp. (www.appliedbiocorp.com), is a diversified company focused on multiple areas of the medical, bioceutical and pet health industry. As a leading company in the CBD and Pet health space, the company is currently shipping to the majority of US states as well as to 5 International countries.  The company is focused on select investment, consumer brands, and partnership opportunities in the recreational, health and wellness, nutraceutical, and media industries.

About Trace Analytics Inc.
Trace Analytics Inc. is a leading cannabis science and technology company with significant footprints in lab testing, research and development and licensing. Trace Analytics was started by a group of scientists who specialized in analytical chemistry, genetics and molecular biology.  The focus of the team is to ensure compliance with public safety standards and end user safety. Trace Analytics is in the process of expanding throughout the United States, and globally. With the goal of helping the rest of the world adopt “best practices” in cannabis and hemp testing, the company also provides expert consulting services to legislators and regulators in many countries, states and municipalities around the world. For more information, please visit: http://traceanalytics.com

Contact
Email: [email protected]  or [email protected] Official Website: www.appliedbiocorp.com / www.traceanalytics.com

Brands:
www.remedishop.com
www.herbalpet.com
www.canagel.com

Follow us:
Facebook @remedicbd & @HerbalPetMeds
Instagram @remedishop & @herbal_pet
Twitter @remedishop & @herbal_pet

Link to AppliedBioSciences Hub

FULL DISCLOSURE: Applied BioSciences is an advertising client of AGORA Internet Relations Corp

Labrador Gold $LAB.ca Russia and China ‘Furiously’ Buying Up Gold As “a Global Currency Crisis – Albeit Unstated – is Underway” $RIO.ca $WHM.ca $SIC.ca $NXS.ca

Posted by AGORACOM at 9:50 AM on Thursday, August 8th, 2019

SPONSOR: Labrador Gold – Two successful gold explorers lead the way in the Labrador gold rush targeting the under-explored gold potential of the province. Exploration has already outlined district scale gold on two projects, including over a 40km strike length of the Florence Lake greenstone belt, one of two greenstone belts covered by the Hopedale Project. Click Here for More Info

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(TSX-V: LAB)
  • China has been quietly stockpiling gold for years now
  • No one knows just exactly how much gold China has amassed
  • Lots of other countries are rapidly buying up gold, too, including – Serbia, Greece, Ecuador, Mexico, Kazakhstan, Kyrgyzstan, and Tajikistan.
  • The Russian central bank has almost doubled its gold holdings within the last 5 years to 1,094.8 tonnes in June of this year

A larger global currency shift is underway… And it may be happening much more quickly than anyone has realized.

Things are definitely in motion. Call it a game of musical chairs, or an exercise in rearranging chairs on the Titanic, or just that a tilting balance of power. Just don’t make the mistake of thinking this is all routine.

As Michael Snyder just reported:

The absolutely stunning decision by the Swiss National Bank to decouple from the euro has triggered billions of dollars worth of losses all over the globe. 

[…]

And these are just the losses that we know about so far.  It will be many months before the full scope of the financial devastation caused by the Swiss National Bank is fully revealed.  But of course the same thing could be said about the crash in the price of oil that we have witnessed in recent weeks.  These two “black swan events” have set financial dominoes in motion all over the globe.  At this point we can only guess how bad the financial devastation will ultimately be.

The key to understanding how the hammer will fall may lie in: gold.

In the material world that governs politics and economics, there has always been one golden rule: he who has the gold makes the rules.

Put China at the top of the next generation of rule makers, then.

China has been quietly stockpiling gold for years now. In fact, it is stockpiling so much gold that many have speculated that it may be building a gold-backed yuan currency that would make the Dollar pale in comparison on the global market.

Bottom line: no one knows just exactly how much gold China has amassed:

Buying surreptitiously allows Beijing to buy bullion at bargain prices; if the world knew how much gold China was really amassing, a run on gold the likes of which the globe has never seen would likely ensue. “We believe China is controlling the gold price because it is buying in such a way so as not to push prices up.” That’s the opinion of respected precious-metals analyst Julian Phillips of The Gold Forecaster, along with a host of other informed sources. (source)

It is widely believed that China has accumulated larger – possibly much larger – reserves since. (source)

Lots of other countries are rapidly buying up gold, too, including – Serbia, Greece, Ecuador, Mexico, Kazakhstan, Kyrgyzstan, and Tajikistan.

But reportedly no one is buying gold at a faster pace than Russia.

Back in August it was reported that:

Russia’s increase is the most dramatic, according to the recent report from the IMF. The Russian central bank has almost doubled its gold holdings within the last 5 years to 1,094.8 tonnes in June of this year. China’s Central Bank followed with an increase of 75% from its holdings in 2009.

Bloomberg reported in November:

The country has tripled its gold reserves since 2005 and is holding the most since at least 1993, IMF data show.

There is little doubt that gold plays a major factor in Russia’s posturing during a global showdown that involves proxy war and military tensions in the Ukraine, Syria, Iraq and other parts of the globe.

Moscow’s purchase of bullion and the assault on the bank can be seen as tactics of a single strategy designed to break the monopoly of the dollar. Gold is Russia’s hedge against that hegemony; it can’t be hacked.

More than that, Putin has been positioning his motherland to team up with China to solidify the emerging BRICS system which aims to thwart decades of Anglo financial dominance with a un-dollar currency system that will also include a development bank.

Russia’s response has been to buy gold and turn east, cementing deals with China and, it would seem, firing the opening salvos in a cyber currency war with the U.S. (source)

Warnings have sounded about a tipping of the global balance:

Russia is also increasing its gold reserves. China and Russia have been exchanging their U.S. dollar reserves and buying physical gold. Last year we speculated that this dynamic would create a shortage in gold leading to much higher prices. Russia and China now rank in the top ten countries by gold reserves.

With Russia now in what appears to be a currency war with the U.S., they may find a willing partner in China to create an alternative international financial system that does not rely upon or use the dollar. Irrespective of either country’s intentions, their physical gold buying sprees continue unabated. (source)

To that end, Russia has been amassing as much gold as possible, in a bid to outmaneuver its enemies in a silent economic war to hold onto its independence and further project its status.

Nearly every bit of gas and oil that Russia sells to neighbors in Europe and Asia is converted from dollars into gold reserves – and even with the collapsing oil price, that amount could still be staggering.

Many have pointed to the gold and oil trade off as Putin’s grand chess strategy:

Thus, the Western world, built on the hegemony of the petrodollar, is in a catastrophic situation. In which it cannot survive without oil and gas supplies from Russia. And Russia is now ready to sell its oil and gas to the West only in exchange for physical gold! The twist of Putin’s game is that the mechanism for the sale of Russian energy to the West only for gold now works regardless of whether the West agrees to pay for Russian oil and gas with its artificially cheap gold, or not.

Source: http://heartlandpreciousmetals.com/russia-and-china-furiously-buying-up-gold-as-a-global-currency-crisis-albeit-unstated-is-underway/

Empower Clinics $CBDT.ca Receives its #Hemp-Handlers Licence from Oregon Department of Agriculture and Commences Food Establishment Application to Produce Edibles $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca

Posted by AGORACOM-JC at 8:25 AM on Thursday, August 8th, 2019
  • Announced it’s Oregon State subsidiary, Empower Healthcare Corp. has been awarded it’s Hemp-Handlers License from the Oregon Department of Agriculture (ODA)
  • Under license number AG-R1062748IHH, allowing the Company to commence build-out and operate the new 5,000 sq. ft. extraction facility in Sandy, OR.

VANCOUVER, Aug. 8, 2019 – EMPOWER CLINICS INC. (CSE: CBDT) (Frankfurt 8EC) (OTC: EPWCF) (“Empower” or the “Company“), a vertically integrated and growth-oriented CBD life sciences company, and a multi-state operator of medical health & wellness clinics in the U.S., is pleased to announce it’s Oregon State subsidiary, Empower Healthcare Corp. has been awarded it’s Hemp-Handlers License from the Oregon Department of Agriculture (ODA) under license number AG-R1062748IHH, allowing the Company to commence build-out and operate the new 5,000 sq. ft. extraction facility in Sandy, OR.

The Company has also commenced the application process with the Oregon Department of Agriculture for the Food Establishment Plan permit that will allow the Company to manufacturer and produce a wide array of edible products in the new facility or in an adjacent location. Popular edible CBD products can include gummies, drinks & beverages, chocolate, pantry items such as peanut butter and honey and baked goods.

“The ODA has strict requirements regarding the award of a hemp-handlers license and/or a Food Establishment permit, to ensure that extraction operators and CBD product producers operate to the highest of standards.” said Steven McAuley, Empowers Chairman & CEO. “The award of the hemp-handlers license is a significant milestone for our company as we continue on our path of growth and vertical integration.”

The Company, with the support of the team at Pathangay Architects www.pathangayarchitects.com is now able to move into the next phase of facility design and building permit applications based on the ODA license approval. Preliminary security systems and IT networks have been installed and the Company anticipates draft architectural drawings to be completed in Q3 2019 and initial extraction equipment orders to be placed.

ABOUT EMPOWER

Empower is a vertically integrated and growth-oriented CBD life sciences company, and a multi-state operator of medical health & wellness clinics, operating the Sun Valley Health clinic brand www.sunvalleyhealth.com, for its nine corporate locations and for franchises in the United States. As a CBD product manufacturer under the Solievo brand, the company distributes its lines through clinics, online and through retail partners. Extraction operations are currently being developed in the Company’s new extraction facility in Oregon.

ON BEHALF OF THE BOARD OF DIRECTORS:

Steven McAuley
Chief Executive Officer

DISCLAIMER FOR FORWARD-LOOKING STATEMENTS

This news release contains certain “forward-looking statements” or “forward-looking information” (collectively “forward looking statements”) within the meaning of applicable Canadian securities laws. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Forward-looking statements can frequently be identified by words such as “plans”, “continues”, “expects”, “projects”, “intends”, “believes”, “anticipates”, “estimates”, “may”, “will”, “potential”, “proposed” and other similar words, or information that certain events or conditions “may” or “will” occur. Forward-looking statements in this news release include statements regarding; the Company’s intention to open a hemp-based CBD extraction facility; the effectiveness of the extraction technology; the expected benefits for Empower’s patient base and customers; the benefits of CBD based products; the effect of the approval of the Farm Bill; the growth of the Company’s patient list and that the Company will be positioned to be a market-leading service provider for complex patient requirements in 2019 and beyond. Such statements are only projections, are based on assumptions known to management at this time, and are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements, including; that the Company may not open a hemp-based CBD extraction facility; that the hemp-based CBD extraction facility may not be fully operation by Q3 2019 if at all; that legislative changes may have an adverse effect on the Company’s business and product development; that the Company may not be able to obtain adequate financing to pursue its business plan; general business, economic, competitive, political and social uncertainties; failure to obtain any necessary approvals in connection with the proposed acquisitions and partnerships; and other factors beyond the Company’s control. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are cautioned not to place undue reliance on the forward-looking statements in this release, which are qualified in their entirety by these cautionary statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements in this release, whether as a result of new information, future events or otherwise, except as expressly required by applicable laws.

SOURCE Empower Clinics Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2019/08/c2474.html

Investors: Steve Low, Boom Capital Markets, [email protected], 647-620-5101; Investors: Steven McAuley, CEO, [email protected], 604-789-2146; For French inquiries: Remy Scalabrini, Maricom Inc., E: [email protected], T: (888) 585-MARICopyright CNW Group 2019

ZEN Graphene Solutions $ZEN.ca Provides Grant Program and Environmental Baseline Study Update $LLG.ca $FMS.ca $NGC.ca $CVE.ca $DNI.ca

Posted by AGORACOM at 8:18 AM on Thursday, August 8th, 2019
  • April 25, 2019, ZEN announced that it had commenced work on the environmental baseline studies to support the development of the Albany Graphite Project directly related to graphite purification, graphene production research, concrete additive research and large-scale graphene-enhanced concrete testing on a quarterly reporting basis.
  • Received a $290,192.72 reimbursement payment for eligible expenses

Thunder Bay, Ontario–(Newsfile Corp. – August 8, 2019) –  ZEN Graphene Solutions Ltd. (“ZEN” or the “Company“) (TSXV:ZEN) is pleased to provide an update on recent activities including the $1,000,000 reimbursement grant for graphene-Infused concrete applications research and progress on the environmental baseline study fieldwork.

ZEN recently received a $290,192.72 reimbursement payment for the eligible expenses during the quarter ended June 30th 2019. This payment is the first installment of the reimbursement grant for graphene-infused concrete applications research that was awarded to ZEN on May 8, 2019. The grantor will reimburse up to a maximum of $1,000,000 spent by ZEN on eligible expenses directly related to graphite purification, graphene production research, concrete additive research and large-scale graphene-enhanced concrete testing on a quarterly reporting basis.

Additionally, on April 25, 2019, ZEN announced that it had commenced work on the environmental baseline studies to support the development of the Albany Graphite Project. The environmental and social baseline studies will provide important input into continued advancement of project development plans. ERM Canada Ltd. (“ERM”) is leading the desktop and fieldwork associated with the baseline studies on behalf of ZEN. ERM and ZEN have been actively collaborating with Constance Lake First Nation (“CLFN”) in order to maximize opportunities for involvement and incorporation of traditional knowledge. Three field campaigns have been conducted by ERM, CLFN, and ZEN so far in 2019 to collect data on hydrology (river levels and flow rates), water quality, fish and fish habitat, vegetation, and wildlife habitat. Two additional field campaigns are planned in 2019 to collect seasonal hydrology and water quality data. Samples have also been collected from existing drill core and reject material to initiate geochemical studies. ERM will be analyzing and interpreting all the data that is collected in 2019 and will provide a final report documenting the activities and results at the end of the year.

About ZEN Graphene Solutions Ltd.

ZEN Graphene Solutions Ltd. is an emerging graphene technology company with a focus on development of the unique Albany Graphite Project. This precursor graphene material provides the company with a competitive advantage in the potential graphene market as independent labs in Japan, UK, Israel, USA and Canada have demonstrated that ZEN’s Albany Graphite/Naturally PureTM easily converts (exfoliates) to graphene, using a variety of simple mechanical and chemical methods.

For further information:

Francis Dubé, Chief Executive Officer
Tel: +1 (289) 821-2820
Email: [email protected]

To find out more on ZEN Graphene Solutions Ltd., please visit our website at www.ZENGraphene.com . A copy of this news release and all material documents in respect of the Company may be obtained on ZEN’s SEDAR profile at www.sedar.com

Enthusiast Gaming $EGLX.ca – #Esports Are Beginning to Eclipse Traditional Sports $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 12:05 PM on Wednesday, August 7th, 2019

SPONSOR: Enthusiast Gaming Holdings Inc. (TSX-V: EGLX) Uniting gaming communities with 80 owned and affiliated websites, currently reaching over 75 million monthly visitors. The company exceeded 2018 target with $11.0 million in revenue. Learn More

EGLX: TSX-V

Esports Are Beginning to Eclipse Traditional Sports

More young people are dreaming of becoming professional gamers than professional athletes

In British Columbia and beyond, esports are booming. Many universities are forming esports teams for games like Overwatch, League of Legends, Rocket League, Counter-Strike, and Dota 2 to compete in collegiate leagues around the world. by Alex Rodriguez

  • In 2018, esports had a total audience size of 380 million, and esports research firm Newzoo predicts that that number will increase to 557 million by 2021.
  • As a result, an increasing number of large brands will sponsor events and tournaments, which has lead Newszoo to believe that esports will reach a market value of $1.7 billion USD by 2021, overtaking the revenue generated by rugby.

Last year in 2018, the owner of the Vancouver Canucks acquired an esports team to compete in the Overwatch League, a tournament league officially ran by Blizzard, the developers of Overwatch. This year, teams are competing in the league for a chunk of a $5 million prize pool. Many players competing in the Overwatch Collegiate Championships are scouted by large teams and play in hopes of being signed onto a bigger one. This gives talented players a clear path for graduating from being amateur competitors to professional gamers who can live off of their winnings and sponsorships.

Last year, the Rogers Arena was packed for the 2018 International Dota 2 championships, where 18 teams competed for more than $33 million—the largest prize pool for an esports event in history. Dota 2 is the esport with the largest prize pools in the world, and they are set to beat that record in 2019.

If you think that sounds like a lot of money, this year Fortnight will become the first game to offer a prize pool of $39 million for the Fortnight World Cup in July. With prize pools growing so large, it’s easy to see why gaming as a whole is flourishing. Instead of simply playing for fun, people are now seeing gaming as a possible investment in skills that could win you prizes.

The grand opening of the Gaming Stadium in Richmond on June 28 was a milestone for esports in British Columbia. With its construction came the creation of Canada’s first dedicated esports gaming stadium. 

They host competitive events most days of the week for various video games that either individuals or teams can sign up for. All of their events are broadcasted on Twitch—the leading live streaming platform for gamers and esports events—using great production quality. The Gaming Stadium is sure to cultivate new talent in the community as the local population will be able to go there to practice, socialize, and get a sense of what being an esports player feels like.

In 2018, esports had a total audience size of 380 million, and esports research firm Newzoo predicts that that number will increase to 557 million by 2021. As a result, an increasing number of large brands will sponsor events and tournaments, which has lead Newszoo to believe that esports will reach a market value of $1.7 billion USD by 2021, overtaking the revenue generated by rugby. They also predict that, with the help of esports, the global games market will generate over $180 billion USD.

As the life of a professional gamer continues to look more and more lucrative, it may eventually become more common for parents to push their children towards becoming a digital athlete than it is to involve them in traditional sports.

Source: https://runnermag.ca/2019/08/esports-are-beginning-to-eclipse-traditional-sports/

BetterU Education Corp. $BTRU.ca – #India #Edtech Education Policy Updates After 30 Years: 4 Experts Share What It Really Means $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 10:13 AM on Wednesday, August 7th, 2019
SPONSOR:  Betteru Education Corp. aims to provide access to quality education from around the world. 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 ecosystem. Click here for more information.
BTRU: TSX-V

India’s Education Policy Updates After 30 Years: 4 Experts Share What It Really Means

by India Development Review (IDR) August 6, 2019, 11:00 am

  • On 31 May 2019, the Ministry of Human Resource Development (MHRD) released a draft of the National Education Policy (NEP).
  • This is the first update to India’s education policy in nearly 30 years, and there has been plenty of debate on the recommendations, and it was open to the public for feedback and suggestions till July 31.

Central Square Foundation’s (CSF) monthly newsletter The EDge asked eminent names from the education sector to share their thoughts on some key aspects of the policy.

1. Ashish Dhawan, Founder and Chairman, Central Square Foundation

Ashish Dhawan. Source: Central Square Foundation

What is your initial response to the draft NEP? If implemented, how do you see the impact of the policy on our education system?

The draft NEP was a long time coming, but it has made some bold and welcome recommendations to shift the focus of the education system towards quality, and improving student learning outcomes. It takes a long-term view in terms of the emphasis on flexibility and skills to ensure that our children are equipped for a rapidly changing job scenario.

When I read it, my immediate thought was that we now have a policy document, even though it’s a draft, that explicitly recognizes that we are currently in a severe learning crisis, and that this crisis starts in the early years. This is significant. If we were to focus and get this one thing right, i.e., ensure all children have foundational literacy and numeracy skills, this in itself would have a tremendous impact on the education system.

What are some of the key steps the government can take for the successful implementation of the policy? How can the policy translate into real action?

The challenge is that current state capacity to deliver quality education is weak, and we do not have the resources to focus on so many things at the same time. My one advice to the government would be that they should almost ruthlessly prioritise–they should first focus on ensuring that all children achieve foundational literacy and numeracy, and then phase in other priorities, as needed.

Separately, I think it’s important to remember that implementation rests with states. The centre’s role is primarily one of catalysing demand for critical reforms with the states, setting broader policy goals, providing funding to states, and so on. The centre cannot be too prescriptive in terms of ‘how’ states need to implement. In fact, it needs to give states the autonomy to choose the most cost-effective pathways, while maintaining accountability for the right outcomes. The centre should also think about enabling states to develop 3-5 year plans, and not annual plans.

What, according to you, are the big misses of the draft NEP, if any?

One of the key concerns with the draft education policy is that like many other policies, it may be attempting to do too much. As a system, we first need to focus on getting the basics right–ensure that all our children achieve foundational literacy and numeracy by class 3. Without this prioritisation, the system will continue to grapple with multiple competing priorities.

We cannot hope to achieve foundational learning for all our children if we don’t measure it correctly. Therefore, one of the biggest areas of reform in this regard, which is not adequately addressed by the policy in its current form, is the need to ensure independent and reliable learning data to measure early grade learning outcomes.

While the NEP does call out regular adaptive assessments, there is a need to have a large-scale, independent, household-based, government-backed assessment, which measures outcomes for children attending public and private schools. This survey must be housed in and administered by an autonomous institution, which is at arm’s length from the delivery ministry, ensuring there is no conflict of interest. This learning data is critical for the government to meaningfully hold the system accountable and keep us honest.

Read CSF’s full interview with Ashish Dhawan, here.

2. Geeta Gandhi Kingdon, Professor, University College London and President, City Montessori School, Lucknow

Geeta Gandhi Kingdon. Source: Central Square Foundation

The NEP refers to the creation of an independent agency to gather and analyse data for the education system. What are crucial data gaps on private schools that the government should strive to fill?

There is hardly any data on private schools because they are rarely included in studies or surveys done by the government. It is as if private school students belong to another country. For example, the National Achievement Survey (NAS) is conducted only in government and aided schools and excludes private unaided schools. We need more information about private schools to get a fuller picture of the education sector.

What do you think of the proposition to separate regulation, provision, and policy-making in the NEP? How do overlapping interests between these functions presently impact private schools?

The idea of separating roles is very good, because if the government performs all the roles–funder, provider, regulator, policy maker, assessor–it leads to many conflicts of interest. However, the NEP does not go far enough because it does not separate funding and provision–the government is both the funder and producer of education, i.e., it runs schools itself.

The NEP does not consider public funding for privately produced education (public-private partnerships). It is a myth that in educationally developed countries, all schools are state-run. Actually, they are only publicly funded, not publicly run. This is an important distinction that many in government are unaware of.

In India, there is an entrenched belief that the government shouldn’t just fund education, it must also produce it (i.e., run the schools)–even when it has struggled to deliver quality. Our main focus should be to ensure that all elementary education is publicly funded, so that parents do not have to pay to send their children to school. But the operation of the schools could be in private hands if they are deemed to be more efficient, i.e., to deliver better child outcomes at lower costs.

The NEP has also proposed the establishment of an independent State School Regulatory Authority (SSRA) for each state, to handle all aspects of school regulation and accreditation. It recommends reducing the burden of over-regulation on private schools, and regulating public and private schools within the same framework/benchmarks. These are welcome proposals. Much depends, however, on how the SSRA will operate. Will it subject public schools to accountability pressures? Will government schools go through a process of recognition like private schools? And will they also be closed down if they do not comply with the norms of the RTE Act? The NEP doesn’t clarify this, leaving open the possibility of the continuation of non-accountable public schools and resultant poor learning outcomes.

Read CSF’s full interview with Geeta Gandhi Kingdon, here.

3. Rukmini Banerji, CEO, Pratham Education Foundation

Rukmini Banerji. Source: Central Square Foundation

The draft NEP includes pre-primary education as part of the ‘foundational stage’ (ages 3-8) and strongly recommends that this stage must be a continuum. Do you agree? How should we approach this?

I welcome the strong focus on the early years. Building strong foundations in the early years allows children to ‘leap forward’. The widespread phenomena of ‘falling behind’ that we see today, happens because the right things are not done at the right time.

The draft policy states that children in the 3-8 year age group should receive a flexible, “play-based, activity-based, and discovery-based” education. However, it is fair to say that the educational establishment in India, including the government bodies at the central, state, and district levels have little or no experience with the preschool age group.

Pre-primary classes are often part of primary schools in the private sector and much of the student intake happens in lower or upper kindergarten. However, research studies show that most activities in these institutions in the early age group are ‘school-like’ and do not provide the flexible, play-based, and developmentally appropriate activities that are suited for supporting the development of young minds. So, despite several years of preschool education, such children are still not ‘ready’ for class 1.

At the same time, the Integrated Child Development Services (ICDS) system run by the Ministry of Women & Child Development (MWCD) is typically overwhelmed by responsibilities in health, immunisation, and nutrition. So, in the anganwadis, early childhood stimulation or development has not received the high priority it needs.

Bringing these two ministries together, all the way from the centre to the states, districts, and villages, will be a huge and challenging task, but one that is certainly worth undertaking. Clear financial calculations will be needed to support this convergence exercise in a sustained way.

One of the objectives the draft NEP states is that every child in grade 5 and beyond should achieve foundational literacy and numeracy – can you talk about some of the specifics with regard to the pedagogical and curricular changes that will be needed to achieve this goal?

According to ASER data, only about 50 percent of class five children are able to read in class 2 (or higher). The other half is spread across several reading levels, starting from not being able to recognise letters to just about coping with simple sentences. This is one of the biggest challenges in primary schools, the wide dispersion of learning levels. The teacher’s daily dilemma is to figure out what to teach and to whom. To complete the curriculum guided by grade-level textbooks, teachers usually choose to focus on the ‘top of the class’, leaving others to catch up on their own. Even the RTE Act prescribes that teachers “must complete entire curriculum within specified time”.

The draft NEP highlights several causes for the learning crisis, including the lack of school readiness, but it doesn’t address the negative consequences of overambitious curricula or the common practice of teaching to the top of the class. The real challenge is, therefore, to schedule ‘catch-up’ routines into the regular school schedule. Given the size, depth, and magnitude of the ‘catch-up’ required, we will need a persistent and high-priority effort for at least five years or more.

The alignment of key elements of the school system such as teacher training, teaching-learning material, ongoing teacher support, mentoring-monitoring, assessment, and course correction towards achieving stated goals is critical. Perhaps this alignment for foundational learning will now be possible, given the overarching direction of the new policy.

Read CSF’s full interview with Rukmini Banerji, here.

4. Sridhar Rajagopalan, President and Chief Learning Officer, Educational Initiatives

Sridhar Rajagopalan. Source: Central Square Foundation

The draft NEP calls for the appropriate integration of technology into all levels of education. What is your initial response to the draft in terms of how it envisions the role of technology in education?

The draft policy mentions India’s unique leadership in the technology space and acknowledges that the right policy and implementation can help India become a global leader in EdTech. Overall, the policy seems to have its heart in the right place, yet many challenges plague the successful implementation of EdTech in our country.

For example, one of the most common issues with all EdTech projects is the disproportionate focus on hardware as compared to the software or content.

One big miss. without a doubt, is that it fails to recognise the role of the private, for-profit players and their international experience. It would have been useful to look into what has been tried already in EdTech and the challenges those efforts faced. While the collective goal should be to strengthen state resources and capacities and help curate high-quality open resources, there should be an effort to learn from the for-profit EdTech players and view them as providers of co-existing and complementing solutions.

Again, for implementation of suggestions made in the policy, do you think we have adequate infrastructure and capacity in our schools and state systems? What could be the challenges in creating that infrastructure and capacity?

The infrastructure and capacity do not exist, but like with anything new, they can be developed over time as these projects expand. However, problems arise if the approach tends to focus more on scaling than on quality. Ironing out all possible issues at the scale of 20-100 schools is very important, and a disproportionate focus at this scale will ensure fewer challenges at a larger scale of say 1,000 or 2,000 schools.

What is important in all this is generating effective assessment solutions and protocols to provide learning feedback. Again, this should be done in a low-stake, quality-focused manner while gradually scaling up and taking key players and partners along.

Read CSF’s full interview with Sridhar Rajagopalan, here.

Source: https://www.thebetterindia.com/190770/national-education-policy-draft-update-recommendation-india/

ThreeD Capital Inc. $IDK.ca – #Facebook $FB #Libra: It’s not the #crypto that’s the issue, it’s the organisation behind it $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 9:56 AM on Wednesday, August 7th, 2019

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Facebook’s Libra: It’s not the ‘crypto’ that’s the issue, it’s the organisation behind it

by Bill Maurer And Daniel Tischer, The Conversation

The founding partners of the Libra Association. Credit: Ascannio / Shutterstock.com

  • Libra is not a cryptocurrency—at least, not as they have been put into practice so far, where a distributed, decentralised community participates in transaction verification via a competitive process.
  • Libra is essentially a prepaid digital token, backed one-to-one with a basket of reserve currencies. It is “minted” when people put up state-issued currencies to buy it.

In all the hype that has surrounded its Libra currency, Facebook has been able to distract attention away from an important issue. Libra is being hyped as Facebook’s bitcoin but it’s really a proposal for a global payments system. And that system will be controlled by a small and exclusive club of private firms.

Since it was announced in June, politicians and regulators have attacked Libra, citing concerns about its being a cryptocurrency. Libra is not a cryptocurrency—at least, not as they have been put into practice so far, where a distributed, decentralised community participates in transaction verification via a competitive process.

Libra is essentially a prepaid digital token, backed one-to-one with a basket of reserve currencies. It is “minted” when people put up state-issued currencies to buy it.

What’s important here is not the technological innovation. Facebook is proposing, in Libra, a new form of organisation. We already have payment systems controlled by private companies—Visa, MasterCard, Venmo or PayPal, which provide the infrastructure or “rails” for transferring value—and Libra might turn into another such rail. But its promoters have greater ambitions for it.

Based on our research on the history and technology of payment infrastructures, we see similarities between Libra and Visa. But it’s the differences with the Visa network that raise the biggest warning flags.

Learning from Visa

Libra will be controlled and maintained by the Libra Association, a membership-based group. Libra’s developers have voiced a commitment to letting anyone become a member of the association, including users like you and me. The Libra white paper trumpets the importance of decentralisation. But it also admits that, “as of today we do not believe that there is a proven solution that can deliver the scale, stability, and security needed to support billions of people and transactions across the globe” through a truly open, decentralised system.

We believe Libra’s founders got the idea from the work of Visa’s founder, Dee Hock. Hock was heralded as a visionary in his day, like Steve Jobs or Mark Zuckerberg today. He realised that the problem facing payments between banks was not technological, but organisational.

When setting up Visa, it was important for Hock that Visa would not be owned by self-interested shareholders. Instead, it was the users, banks and credit unions, who “owned” Visa as a cooperative membership organisation. Ownership here did not entail the right to sell shares, but an irrevocable right of participation—to jointly decide on the rules of the game and Visa’s future.

The incentive was to create a malleable but durable payment infrastructure from which all members would benefit in the long term. To work, everyone had to give something up—including their own branding on credit cards, subordinating their marks to Visa. This was a really big deal. But Hock convinced the network’s initial members that the payoff would come from the new market in payment services they would create. He was right.

For most of its existence, until it went public in 2016, Visa was an anomalous creature: a for-profit, non-stock corporation based on the principle of self-organisation, embodying both chaos and order. Hock even coined a term for it: “chaordic”.

Libra envisions a similar collaborative organisation among the founding members of its Libra Association. But it turns Hock’s principles upside down. The Libra Association is all about ownership and control by its members as a club.

Big barriers to entry

And the Libra Association is a club with very high barriers to entry. An entity has to invest at least US$10m in Libra or have more than US$1 billion in market value, among other criteria. The initial list of founding members tilts toward groups that have shown strong opposition to government interference and oversight. Tellingly, there are no regulated financial entities—like banks and fund managers—in the mix. The membership represents a self-selecting crème de la crème of global tech and vulture capitalism.

Association membership guarantees a share of future profits proportionate to a member’s stake in the system. Unlike Visa, members do not compete with one another for market share. Instead, they will passively collect rent from interest made on investing in the Libra reserve basket. Plus, profits are not shared with users, and no interest is paid on the balance held by individuals.

Being a club member also affords the right to vote—again, a lot like Visa. But, unlike Visa, Libra gives voting right power based on investment level, not participation. This is not democratic; it is a plutocracy, where the wealthiest rule. And, as profits are linked solely to interest on the association’s reserve funds, those managing it may well become riskier and more speculative over time.

Libra’s white paper outlines an organisation that could become a decentralised, participatory system like Hock envisioned Visa would become. But Libra, if it is successful, will likely become an undemocratic behemoth. Alarm bells ring about a global currency’s de facto governance by a private, exclusive club serving the purposes of its investor-owners, not the public good.

Governments have long been suspicious of private currencies for good reasons, and Libra is no exception. We must not be distracted by its proposed technical complexity, and instead, focus on how this technology is organised, put to work, and how its rewards are distributed. The good news is that Facebook’s play for money may at last prompt politicians to regulate tech giants to curb their impact on and influence over society.

Source: https://techxplore.com/news/2019-08-facebook-libra-crypto-issue-organisation.html

Gold Touches $1500 on Overnight Asian Demand, Signals Change in US Gold Market #It’s Different This Time $AAX.ca $AMK.ca $LAB.ca $GGX.ca $GR.ca

Posted by AGORACOM at 9:53 AM on Wednesday, August 7th, 2019
  • Gold approached 1500 Three times in the overnight session
  • Asian demand tends to be Physical whereas COMEX is a leveraged derivative market
  • Asian Demand could be an unexpected driver and catalyst for transitioning into recognized Bull Market
  • Some caution is warranted as pullbacks are required to help solidify price points
  • COMEX could be relegated as Asia evolves to settle Gold price
  • Emergence of Junior Financing will be further bull confirmation
https://www.kitco.com/commentaries/2019-08-07/images/Bubba87.png
https://www.kitco.com/news/2019-08-02/images/Osisko-Gold-Royalties.png

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American Creek owns a 20% Carried Interest to Production at the Treaty Creek Project in the Golden Triangle. 2019’s first hole averaged 0.683 g/t Au over 780m in a vertical intercept. The Treaty Creek property is located in the same hydrothermal system as Pretivm and Seabridge’s KSM deposits. Eric Sprott recently made a strategic 1$M investment in AMK

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(TSX-V: LAB)

Lead by Shawn Ryan and Roger Moss, LAB has 2 district scale Gold projects in Labrador that have never seen any modern exploration techniques. Ashuanipi and Hopedale are being systematically explored for gold potential utilizing the same techniques that created the White Gold discoveries.  At Ashuanipi , a 15km long by 2 to 6 km wide north-south trend exists and a second 14 km long by 2 to 4 km wide east-west trend exists. At Hopedale, 2019 exploration has discovered two new mineralized showings.First showing extends potential strike length by approximately 500 metres along strike of the Thurber Dog gold occurrence; Second showing was discovered in the Misery North area

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(TSX-V: GGX)

GGX gold has discovered high grade gold silver and tellurium in the Greenwood-Republic mining camp, British Columbia. The current 2019 drill program follows up on 2018 intercept of high grade gold-silver (129 g/t gold and 1,154 g/t silver over 7.28 meter) from the near surface COD vein which is projected to be 1.5 kms in length. In addition tellurium grades were announced with “up to 3,860 g/t tellurium”, including “823 g/t tellurium over 7.28-meter core length” and “640 g/t tellurium over 6.90-meter core length. 2019 drilling on COD North is currently underway.

Hub on AGORACOM

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(TSX-V: GR)

Great Atlantic is situated between Marathon Gold and Sokoman in Canada’s newest emerging gold district. The Company reported a NI 43-101mineral resource estimate for the JMZ in late 2018 on Golden Promise and 2019 is focused on prospecting and geochemical sampling at high priority targets within the property. Planned 24 hole program in the northern half of the property at the gold-bearing Jaclyn Zone, specifically at the Jaclyn Main Zone (JMZ) and Jaclyn North Zone (JNZ).

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FULL DISCLOSURE: All companies listed above are advertising clients of AGORA Internet Relations Corp.