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BetterU Education Corp. $BTRU.ca – #EdTech Start-up Business: Scope & Opportunity in #India $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 10:20 AM on Friday, May 31st, 2019
SPONSOR:  Betteru Education Corp. Connecting global leading educators to the mass population of India. BetterU Education has ability to reach 100 MILLION potential learners each week. Click here for more information.
BTRU: TSX-V

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EdTech Start-up Business: Scope & Opportunity in India

The start-up of EdTech or Educational Technology was quite simple. Computers helped in teaching arithmetic and some grammar to young school students. The concept was elementary. And it happened long before the internet had invaded our home. With the internet, modern devices and highly sophisticated software available at every nook & corner

By Gaurav Rawat

EdTech Startup

The start-up of EdTech or Educational Technology was quite simple. Computers helped in teaching arithmetic and some grammar to young school students. The concept was elementary. And it happened long before the internet had invaded our home.

With the internet, modern devices and highly sophisticated software available at every nook & corner of even the semi-developed cities in India. Now, the scope of reach of education has widened like never before. The impact of Edtech on education, society in general, is amazing. And this sector as a business opportunity is within the grasp of all aspiring start-ups.

What is EdTech?

“A picture is worth a Thousand words.”

With technology being introduced in the field of education, you would find audios, videos and 3D animation, instead of that Picture. This has made learning far more dynamic and interactive.

To define simply, any technology that supports education is EdTech.

Today, we don’t imagine school as only a blackboard, a teacher and some desks. Present day student receives and uploads homework assignments on the school portal. The rise in EdTech start-up has meant that they can practice Mathematics online, understand the Biology images using 3D techniques. Quick and accurate checks help in enhancing the performance of the students. Such has been the rise in educational technology.

The true essence of EdTech lies in using technological advances to improve the education system. It facilitates learning and improves performance by creating and managing appropriate technology tools.

EdTech Start-ups have changed Learning to e-Learning.

Scope of EdTech Start-up

When every moment of our daily life is being shaped by technology, then how can education be any different? Technology is making a huge impact in the field of education as well.

Over the past few years, you must have noticed the immense growth of EdTech start-up. The companies which started-up in EdTech, even a few years ago, have gained ground. They have managed to touch unfathomable heights in business.

A leading example is BYJU’s, the EdTech and Online Tutoring Firm started up in 2011. In March 2019, it was the world’s most valued EdTech company at $5.4 billion (Rs 37,000 crore), according to Wikipedia.

Due to all these developments, people are finding it worth to invest in this innovative new concept.

EdTech start-ups are transforming lives and reinventing businesses.

To provide more data and numbers:

  1. India stands at 145 out of the 191 countries on the Education Index, as per UN,
  2. Its rank is 168 out of 234 countries as per UNESCO with a literacy rate of 72%,
  3. India is ranked at 72 out of the 73 countries considered by OECD.

If you are an aspiring entrepreneur, this data might mean an exciting opportunity for you.

Scope in India

“We, Indians have always had a fixation with education.”

Any country’s education needs can be met by the government up to a certain level. Unless innovation is introduced, all systems end up eventually. This is where entrepreneurship comes in. To bring a freshness of ideas into the system. India has a whole industry in education. In waiting for entrepreneurs to take advantage of their opportunities.

In the year 2016, the Indian Education Industry was valued at $100 billion. This is expected to almost double by 2020 to $180 billion. The increase in literacy rate and digital learning would be instrumental in this growth. EdTech itself was estimated at $2 billion. The School segment consists of primary and secondary school education. This forms 52% of the education industry. This segment offers the biggest opportunities for development.

Education, including EdTech, has seen a rise in funding. While 4-5 years ago, the annual investment was approx US$20 million. However, the total funding has seen an extraordinary hike. It has been forecasted as exceeding US$ 180 million for the year 2020.

Viewing this data, you won’t be surprised to know that major investors from all over the world are paying close attention to the developments in Indian EdTech start-up scenario. Some have already jumped in the fray. In the private sector, Tata Consultancy Service (TCS) has teamed up with IIM, to give you one example.

The government has also accepted its importance.

Funding for your EdTech start-up may come from both private and government sources. For example Start-Up India. This is a program by the Central Government. It has been set up with the objective to promote start-ups by providing easier bank loans. Another initiative is Atal Innovation Mission or AIM. It seeks to promote entrepreneurship. Then there is the Swayam initiative. A program that is planned to offer about 200 e-courses and another 10,000 e-courses under the AICTE.

Some important foreign players are also entering the market. They are investing to support EdTech start-up. They are Goldman Sachs, Times Internet, Mark Zuckerberg’s investment fund, to name a few.

Important Factors to Consider

“Every Path to Success is riddled with Challenges.”

Incorporating an EdTech company and making your start-up work may not be as smooth as it seems. You may face many difficulties with your EdTech start-up. For instance, if you are thinking of setting up an institution supporting school education, an endorsement from school may boost your start-up to succeed. But the question is how do you get that necessary endorsement? For that, you may need to prove to them that you would add value to their brand as well.

On the roadway to success, you will find yourself faced with many such challenges and mistakes. And you would need to encounter those.

You must strategise your entrance into the EdTech Start-up market. You would need to team up with some technology specialists. You can choose to collaborate with educators. You may follow tips from experts. Of course, a great way to start will be thinking up a new and unique idea. 

Below we suggest some strategies and ideas that you may want to follow to succeed in this highly competitive world of EdTech Start-ups:

  • Identify your Niche: The first step will be to identify what exact problem your EdTech Start-up will be solving. This Solution Statement will clearly suggest your niche. What field do you want to cater to the education sector?
  • The Hierarchy for your EdTech Start-up: Before getting company registration for your business, each promoter/founder must be clear about their roles, authorities, responsibilities and respective share in the business. Deciding on these unavoidable and awkward topics first hand would give each one of you a sense of security. It leads to better involvement. And avoid many complications in future.
  • Learn from Others: Join some community of entrepreneurs from the same field. Get exposed to the work style of other EdTech directors. More the number, better the exposure and learning. Evaluate which one is suitable for yourself. Which one would be easiest for you to adapt to? Develop a mix and refined to suit your business. You may also make friends. So they would share their personal experiences. The challenges they must have faced and how they could overcome them.
  • Proximity to the Audience: You should place yourself near to a good educational institution. A university would be best. You can take help of the university students to help you would in project completions, undertake researches and other initial tasks. With their innovative ideas, you can test your concept on them.
  • Testing: The product or service get tested by real testing. Presenting your product in the real market is the actual test. No matter how good your team is, some mistakes do slip by. The Beta Testing will check what errors have been ignored. It will also test the viability of your product. 
  • Quality: The quality of the services you would be providing is a key factor to consider. Even if the technology you use is cutting edge, it would still be very difficult for your EdTech Start-up to succeed if you do not support it with great educational content. 
  • Building the Team: The core of an EdTech Start-up is technology. It needs to be kept up-to-date. Regular upkeep is an important factor for success. To serve this purpose you would need a strong and stable technology team. The team should not only be hired on the basis of their existing skill set and qualifications. They must also have the eagerness to learn and improve themselves. They should be proactive enough to work out solutions to problems. The work culture of a start-up is different from that of the corporates that have been running for some time. You are responsible to hire responsible persons for the success of your EdTech Start-up. They should be willing to adjust according to the demands.
  • Keep Room to Upgrade: All innovative ideas are a work in progress. No product is final. There is always room for improvement and upgrade. Once your course has been launched, try to listen to the customers. Later you can incorporate those new ideas, features and needs into your course. This way your course will get better. Therefore, it is advisable not to spend too much time in going live with your product. Keep improving it periodically to keep it up-to-date with the current latest technology.
  • Sales & Marketing: The sales of your product must reach the required level as anticipated at the start. You need to spread the word about your new EdTech Start-up on various media platforms. You may need to keep a separate fund out of the budget for the marketing. Keep evaluating the sales numbers frequently. Keep revising and improving on the sales and marketing plans.
  • Keep on learning: Knowledge and education keep evolving. And because you have decided to start your business as an educational institution, you must never get tired of learning. This will keep you updated with the latest trends in technology. Many sources are available online as well. The technology gets upgraded almost daily. So try to use the best and the latest one for your business.

“Learning is a Continuous Process.”

  • Make adjustments: You may have planned very carefully the operations and growth of your business. But some circumstances may come up causing you to change or drop out. You may get faced with certain situations right at the time when you feel all has been set and your business is ready to fly. be adaptable. The EdTech practices keep changing and you may need to adjust accordingly. It may be financial, strategic, legal or a change in the business model.

“Change is inevitable.”

  • Funding: Funding is the primary concern for all enterprises. Many great ideas have not taken shape because they didn’t have the backing of sufficient funds. To incorporate an innovative idea in your EdTech Start-up, you should try to connect with various sources. The single funding source can put restrictions on some of the workable ideas. Sometimes, the source may not be able to provide financial help, as frequently as required.
  • Don’t lose sight of your Goal: You have decided to start a business in the sector which shapes the future. Be it the student, her family, those who are connected to her. Those who will connect to her in the future. Remember to keep the values of teaching intact. The virtuosity will also give a boost to your business. Because you are adding not only qualifications to a resume but moulding a person.

“Remember technology cannot Replace teachers.”

  • Work on the Feedbacks: You must keep a way of receiving feedback open in your product. You can invite other educators to try out your products, apps, tools. You can also provide teachers with Professional Development courses. This will assist them in using your technology. Their feedback may prove to be invaluable to the survival of your start-up. You should work to take regular feedback from the students and the teacher. And work to improve your product. If users are satisfied then they’ll be encouraged to use and recommend your product.

Source: https://thriveglobal.com/stories/edtech-start-up-business-scope-opportunity-in-india/

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PyroGenesis’ $PYR.ca CEO Increases his Ownership in PyroGenesis by Approximately 2.5% in Private Transaction

Posted by AGORACOM-JC at 10:16 AM on Friday, May 31st, 2019
Pyr header 1
  • Announced that the CEO, Mr. Photis Peter Pascali, had increased his beneficial ownership in the Company to 52.82% from 50.37%, an increase of approximately 2.5%.

MONTREAL, May 31, 2019 — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company, (the “Company”, the “Corporation” or “PyroGenesis”) a Company that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch products, wishes to clarify today, due to numerous inquiries, the transaction that took place yesterday wherein it was announced that the CEO, Mr. Photis Peter Pascali, had increased his beneficial ownership in the Company to 52.82% from 50.37%, an increase of approximately 2.5%.

As this transaction involved the CEO, a significant investor in the Company, the Company was obliged to issue an early warning report which regretfully has caused confusion.

In the transaction, Mr. Pascali acquired 3,385,715 Common Shares, plus Warrants for C$1,862,143.25.

The Company would like to clarify the fact that this was not a private placement, no money was received by the Company and no new shares or warrants were issued by the Company.

It was announced that Mr. Pascali acquired the Common Shares and Warrants for investment purposes and may, from time to time, acquire or dispose of ownership or control or direction over some or all of the existing securities or over additional securities of PyroGenesis.

About PyroGenesis Canada Inc.

PyroGenesis Canada Inc., a high-tech company, is the world leader in the design, development, manufacture and commercialization of advanced plasma processes and products. We provide engineering and manufacturing expertise, cutting-edge contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, advanced materials (including 3D printing), oil & gas, and environmental industries. With a team of experienced engineers, scientists and technicians working out of our Montreal office and our 3,800 m2 manufacturing facility, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. Our core competencies allow PyroGenesis to lead the way in providing innovative plasma torches, plasma waste processes, high-temperature metallurgical processes, and engineering services to the global marketplace. Our operations are ISO 9001:2015 and AS9100D certified, and have been since 1997. PyroGenesis is a publicly-traded Canadian Corporation on the TSX Venture Exchange (Ticker Symbol: PYR) and on the OTCQB Marketplace. For more information, please visit www.pyrogenesis.com.

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward- looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Corporation’s current expectation and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Corporation with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Corporation’s ongoing filings with the securities regulatory authorities, which filings can be found at www.sedar.com, or at www.otcmarkets.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Corporation undertakes no obligation to publicly update or revise any forward- looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

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

SOURCE PyroGenesis Canada Inc.

For further information please contact: Clémence Bertrand-Bourlaud, Marketing Manager/Investor Relations, Phone: (514) 937-0002, E-mail: [email protected]  

RELATED LINKS: http://www.pyrogenesis.com/

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St-Georges $SX.ca $SX $SXOOF Announces Strategic Disposition of Mineral Assets

Posted by AGORACOM-JC at 3:22 PM on Thursday, May 30th, 2019
  • Entered into a share purchase agreement dated May 29, 2019, with BWA Group PLC (PZ: BWAP)
  • An arm’s length company listed on the London NEX Exchange a minority shareholders of Kings of the North Corp., owned at 50.18% by SX, pursuant to which BWA will acquire of all the issued and outstanding shares of KOTN for an aggregate consideration of CAD $7,500,000 or approximately 4,400,000 GBP.

Baie-Comeau / May 30, 2019 – St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to announce it entered into a share purchase agreement dated May 29, 2019, with BWA Group PLC (PZ: BWAP) , an arm’s length company listed on the London NEX Exchange in the United Kingdom and incorporated under the laws of England and Wales, and the minority shareholders of Kings of the North Corp., owned at 50.18% by SX, pursuant to which BWA will acquire of all the issued and outstanding shares of KOTN for an aggregate consideration of CAD $7,500,000 or approximately 4,400,000 GBP.

Mark Billings, Chairman of SX, and President and CEO of KOTN commented: “Both Kings of the North and St-Georges are happy to have concluded this transaction with BWA. This is the first step in accessing funds to develop properly the assets that have been assembled in KOTN. We look forward to working with our new colleagues in the United Kingdom, which provides exposure of our Company to one of the largest financial markets in the world.”

At the time of closing of the Acquisition, KOTN will own a 100% beneficial interest in a suite of mineral exploration properties in the Province of Quebec, other than the properties known as the Villebon, Hemlo North, and Nova Gold properties in respect of which KOTN will hold an option to acquire between 65% and 100%, upon the terms and condition detailed below.

The Purchase Price will be funded with the issuance by BWA of the sterling equivalent of $7,500,000 unsecured, convertible interest-free loan notes (the “Notes“) with an initial repayment date three years after issue. The conversion terms are such that SX and its related parties cannot own more than 29% of the equity of BWA. The minimum conversion price is ?0.005 per share at the time of conversion. SX will receive Notes in the principal amount of $3,763,301.80 in exchange for the KOTN Interest.

The Acquisition is conditional upon: (i) BWA raising a minimum of ?500,000 (approximately $850,000) through the issuance of new BWA shares, BWA subscribing to $300,000 in common shares (each a “SX Share“) in the capital of SX at a price equal to the 10 VWAP at the time of issue, subject to a minimum of $0.10 per Share (the “SX Subscription“), and (iii) the consent of the shareholders of BWA.

Upon completion of the transaction Mr. Vilhjalmur Thor Vilhjalmsson, the President and CEO of SX will be appointed CEO and a director of BWA.

Concurrent Transactions

Prior to entering into the SPA, KOTN secured the following assets and option:

  • – 100% interest, subject to a 3% NSR royalty, of which half may be bough back for $3,000,000, in the Winter House property in consideration of the issuance of 7,200,000 common shares (each a “Share“) in the capital of KOTN (the “WH Acquisition“);
  • – Option to acquire up to an 85% interest in the Hemlo North property from Canadian Orebodies Inc. (TSXV: CORE), in consideration of the issuance of 1,296,976 Shares and $750,000 in exploration expenditures on or before March 31, 2020 for an initial 50%, $350,000 in 15% convertible notes and a further $750,000 in exploration expenditures on or before March 31, 2021 for an additional 25%, and a final to 10% upon the delivery of a positive feasibility study;
  • – Option to acquire up to a 100% interest, subject to a 1.8% NSR royalty, of which half may be bough back for $1,000,000, in the Nova Gold property from prospectors., in consideration of the issuance of 1,482,258 Shares, $1,000,000 in exploration expenditures as follows: $400,000 on or before August 28, 2020, and $300,000 on or before each of August 28, 2021 and 2022, and cash payment of $300,000 to be made on August 28, 2021 and 2022; and
  • – Option to acquire up to a 65% interest, subject to a 2% NSR royalty, of which 1% may be bough back for $3,000,000, in the Villebon property from SX, in consideration of the issuance of 741,130 Shares and $3,000,000 in exploration expenditures as follows: $200,000 on or before May 28, 2020, $500,000 $200,000 on or before May 28, 2021, $1,00,000 on or before May 28, 2022, and $1,300,000 on or before May 28, 2023.

KOTN also settled aggregate debts of $504,000 through the issuance of 1,867,645 Shares (the “Debt Settlement“), and SX subscribed to 1,111,693 Shares for an aggregate subscription price of $300,000.

All securities issued under the SX Subscription will be subject to a hold period expiring four months and one day from the date of issuance.

Related-party transaction

Portions of the WH Acquisition and Debt Settlement, are considered to be a “related party transaction” for purposes of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101“). The Corporation is relying on exemptions from the formal valuation and minority shareholder approval requirements available under MI 61-101. The Corporation is exempt from the formal valuation requirement in section 5.4 of MI 61-101 in reliance on sections 5.5(a) and (b) of MI 61-101 as the fair market value of each transaction is not more than the 25% of the Corporation’s market capitalization, and no securities of the Corporation are listed or quoted for trading on prescribed stock exchanges or stock markets. Additionally, the Corporation is exempt from minority shareholder approval requirement in section 5.6 of MI 61-101 in reliance on section 5.7(b) as the fair market value of each transaction is not more than the 25% of the Corporation’s market capitalization. The board of directors of the Corporation approved the WH Acquisition and Debt Settlement, with Frank Dumas, Frank Dumas, Neha Tally, Mark Billings, Peter Smith and Gerry Nichols having declared a conflict of interest in, and abstaining from voting on, the matters being considered.

ON BEHALF OF THE BOARD OF DIRECTORS

“Mark Billings”

Mark Billings, Chairman

About St-Georges

St-Georges is developing new technologies to solve the some of the most common environmental problems in the mining industry.

The Company controls directly or indirectly, through rights of first refusal, all of the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & for industrial minerals on Quebec’s North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi region. Headquartered in Montreal, St-Georges’ stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1.

Cautionary Statements Regarding Forward-Looking Information

Certain statements included herein may constitute “forward-looking statements”. All statements included in this press release that address future events, conditions, or results, including in connection with the prefeasibility study, its financing, job creation, the investments to complete the project and the potential performance, production, and environmental footprint of the ferrosilicon plant, are forward-looking statements. These forward-looking statements can be identified by the use of words such as “may”, “must”, “plan”, “believe”, “expect”, “estimate”, “think”, “continue”, “should”, “will”, “could”, “intend”, “anticipate”, or “future”, or the negative forms thereof or similar variations. These forward-looking statements are based on certain assumptions and analyses made by management in light of their experiences and their perception of historical trends, current conditions, and expected future developments, as well as other factors they believe are appropriate in the circumstances. These statements are subject to risks, uncertainties, and assumptions, including those mentioned in the Corporation’s continuous disclosure documents, which can be found under its profile on SEDAR (www.sedar.com). Many of such risks and uncertainties are outside the control of the Corporation and could cause actual results to differ materially from those expressed or implied by such forward-looking statements. In making such forward-looking statements, management has relied upon a number of material factors and assumptions, on the basis of currently available information, for which there is no insurance that such information will prove accurate. All forward-looking statements are expressly qualified in their entirety by the cautionary statements set forth above. The Corporation is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

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CLIENT FEATURE: Bougainville Ventures $BOG.ca Turnkey Greenhouse Growing Infrastructure Provider $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 2:18 PM on Thursday, May 30th, 2019

Why Bougainville?

  • Landlord for licensed marijuana growers in the United States
  • Brilliant business plan that removes all risk and appeals to traditional real estate investors
  • Bougainville does not “touch the plant” by only providing agricultural infrastructure to tenants
  • Converts irrigated farmland to greenhouse-equipped farmland
  • Signed Second Tenant for 21,000 SQF Lease
  • Ready for occupancy
  • Room for expansion

Recent Milestones

  • Signed Sponsored Research Agreement for a CBD Energy Drink With Israeli Based R&D Company – Read More
  • Bougainville and Project 470 Acres Enter the Canadian Hemp CBD Extraction Markets – Read More
  • Acquired Interest in Five Alberta Retail Locations – Read More

Bougainville Hemp Farm Acquisition Drives It Closer To Vertical Integration

FULL DISCLOSURE: Bougainville Ventures is an advertising client of AGORA Internet Relations Corp.

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Tartisan #Nickel $TN.ca – The biggest themes in global natural resources today #Nickel #Cobalt #Lithium $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 9:00 AM on Thursday, May 30th, 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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The biggest themes in global natural resources today

  • Ongoing trend towards the electrification of vehicles will likely benefit lithium and other metals such as copper, nickel and cobalt
  • This is a significant change and is being driven by better technology, legislative restrictions on pollution in cities and consumer demand for more environmentally-acceptable transport

Alex Cowie

The global natural resources sector, including mining and energy, as well as agriculture, is about four times bigger than the entire Australian equity market. Sifting through this massive and diverse universe for opportunities is Daniel Sullivan, Co-Head of Global Natural Resources at Janus Henderson Investors.

In our recent Q&A, Daniel explains why he thinks this sector will undergo more change in the next 20 years than the last century and talks through the big themes investors should have on their radar, including the seismic shifts taking place in energy. 

Daniel also looks at where the rejuvenated mining sector could go next and shares some of his thoughts on lithium, coal, gold, LNG, as well as renewable energy and agricultural commodities. 

Read on for this fascinating discussion that goes well beyond the local resource themes to reveal a truly global perspective on this vast and rapidly evolving global industry.  

Q: Please explain what you do in your role as though someone at a dinner party asked you. What are some of the most enjoyable aspects of your work?

When people ask me what I do for a living, I tell them that I invest in companies around the world in the mining, energy and agriculture sectors on behalf of investors. To bring natural resources into a more relatable context, I ask them to look around – at the clothes they are wearing, the phone in their pockets, the food on their dinner plate and even the building over their head and to understand that every component of every item was derived from natural resources. 

Natural resources underpin our society – and for me, that makes the sector a fascinating place to invest. Ours is a sector with an enormous variety of companies, with constant changes in market dynamics across the three sub-sectors giving us a lot to work with and to think about.

Q: What is the big opportunity in your investible universe that the market has not fully appreciated?

We believe the long-term demand for metals, energy and agricultural output will remain strong as the world continues to grow and urbanise; billions of people’s needs must be catered for.

The next twenty years will see more change than was witnessed over the past century, with access to vast numbers of young people and technology available to help solve incredibly complex problems. The companies in our investment space that align to these changes are likely to grow at much higher rates than their peers and become more highly valued over time. This has begun in earnest in the past few years and appears to be accelerating. Rapid change is being discussed in the largest resource companies in the world and this will likely continue to gain momentum.

Q: Agriculture has seen some major developments in genomics, why is this an interesting theme to watch?

The sequencing of the wheat genome will prove to be a major breakthrough for food production in more challenging agricultural areas, boosting incomes and development for many people.

The interaction of genetics, climate, fertiliser and crop protection to deliver better quality produce and improved farmer/supplier economics is always being played out. Corteva Agriscience, the agricultural company being spun out from the merger of Dow and DuPont is an interesting example of a specialist company in this area.

Q: Changing dietary habits of the surging Asian middle class is often cited as a driver for increased protein production. Is this an area you see good opportunities, and if so, how can investors play this?

While China has the world’s largest rates of pork production and consumption, they are largely self-sufficient, meaning there is limited opportunity. That said, we have invested in the leading producers of high quality agricultural products, including milk powder, berries, apples and salmon, which have seen strong growth resulting from the Asian middle class thematic.

Looking at the upstream opportunities from this theme, our investments in seed and fertiliser companies benefitted from the boom in soybean production in Brazil and the US. Over the past 10 years, China has been a major soybean importer.

Q: On a sector basis, mining saw the strongest dividend growth of all last calendar year, with the local big miners BHP and RIO certainly reminding us that miners can actually generate a yield too. Has this return to form of resource stocks as income stocks been a big factor in your investment strategy, and what are you expecting over the medium term in this regard?

The mining sector is currently in a very favourable position, having come through the five-year downturn with reduced capital and operating costs and much lower debt. As a result, in the upturn of the past three years, cash flows have been very significant. Coupled with the sale of non-core assets, cash returns to shareholders have been high. Many of these businesses are in great shape operationally and financially. We expect that they will remain disciplined with capital allocation and continue to drive high returns back to shareholders. This is likely to result in a re-rating from investors.

Q: I understand you have some exposure to the lithium majors. How big an opportunity do you think the battery minerals thematic will be in reality over the next 3-5 years, and where in the supply chain will the best opportunities be?

The ongoing trend towards the electrification of vehicles will likely benefit lithium and other metals such as copper, nickel and cobalt. This is a significant change and is being driven by better technology, legislative restrictions on pollution in cities and consumer demand for more environmentally-acceptable transport. However, we do expect progress to be a little stop-start and significant demand changes may not occur until post-2025.

Q: How does the M&A current in play among the global gold majors mean for the rest of the sector, and what does it tell us about the current state of the industry?

The major gold producers have generally been poor performers and have failed to deliver the significant cash returns seen in the major diversified companies. The recent spate of mergers has been disappointing as they have generally been conducted at low or no premium. Despite being on the right side of the Barrick-Randgold, Newmont-Goldcorp and Barrick-Newmont merger proposals, these have not generated significant performance for our strategy. Where we have historically seen better opportunities has been in explorer-developers, with significant value generation through resource discovery and the successful progression through to development.

Q: Given the recent reversal in Fed policy, it is easy to take a positive view on the gold price from here; do you have a view on gold, and does it influence your strategy?

As a team we tend not to have a strong view on commodity prices – and this includes gold – but we do acknowledge there is a monetary and safety aspect to gold that could see significant price appreciation in crises or monetary realignment. Having said that, there has been no significant value generated from these themes and we are much more interested in real companies operating on the ground to find and develop quality gold mines.

Q: Given the chronic underinvestment in exploration and development assets by the majors since the GFC, how big an opportunity is there in investing in quality juniors, and in which sector are you seeing the best opportunities in this regard?

Part of the problem with a significant downturn is the withdrawal of capital from many junior companies. Many of the promising projects of the past five years were shut down and are only now re-emerging with some small capital raisings recommencing this year. Exploration and development are long term cycles, often seven years or more, so the world has lost a cycle of projects in this downturn. We do need to be mindful of liquidity and this means being cautious in taking on juniors.

Q: What was your take on the recent banning of Australian coal imports at some Chinese ports, and how big a potential risk do you think it is for the majors; i.e.: should we expect more of this?

China is very complex and the interplay between policy, demand, pricing and preferences can be hard to understand. Of their total demand for coal, imported coal is a small component. They have also pivoted very strongly to liquefied natural gas (LNG) imports over the last two years. Across 2018, the markets worked through the tariff disputes, continued economic maturation and more recently, the Lunar New year periods, each of which reduces activity and demand growth.

Q: What is the most interesting theme in energy (including sustainable energy) right now? Please explain why it matters.

For the world’s largest energy companies, gas has become the transitional fuel. This has been seen with major LNG projects built and planned by all the large companies. There has also been a pivot to electricity and trading, and we saw a general sell down away from oil sands. 

The true pivot to renewables will be difficult for companies of this size, but they are increasing investment into wind and solar projects. More interesting are the smaller companies that are still discovering and developing high quality, low cost and growth projects. We have a favourable view of the long term growth of renewable energy and the storage of electricity, but these opportunities are not as common in listed markets.

Q: While Australia only makes up a small part of your investable universe, what do you see as the globally significant themes within the Australian resources sector?

It’s true that our global natural resources investable universe is many times the size of the Australian resources sector, in fact, the market cap of the global resources sector is about four times the market cap of the entire Australian equity market. That said, Australia has a very strong mining heritage and has also grown its energy industry in recent years to become the world’s second largest LNG exporter after Qatar. With a good entrepreneurial culture in Perth, Australia continues to contribute to mineral exploration and development of global significance. With the recent lithium demand growth and price boom, Western Australia has delivered six new mining developments.

Q: What was the last thing you read that really blew you away, and why?

To get a sense of the potential changes that might be just around the corner you should watch Tony Seba, presenting on “Clean Disruption of Energy and Transportation”. 

A similar thought-provoking article is “This is how big oil will die” 

Source: https://www.livewiremarkets.com/wires/the-biggest-themes-in-global-natural-resources-today

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Good Life Networks $GOOD.ca Increases Revenue by 249% to $4.6 Million for Q1 2019 $TTD $RUBI $AT.ca $TRMR $FUEL

Posted by AGORACOM-JC at 8:24 AM on Thursday, May 30th, 2019
  • Gross Profit increases by 245% to $1,544,961 in comparison to Q1 2018. Gross Margin for Q1 2019 remain stable at 33%(increase of 14% from Q4 2018) compared to 34% reported for Q1 2018
  • Letter Of Intent signed to acquire mPlore, leader in mobile ad technology and MOU signed with Globex to launch account receivable securitized token

Vancouver, British Columbia–(May 30, 2019) – Good Life Networks Inc. (TSXV: GOOD) (FSE: 4G5) (“GLN“, or the “Company“), a programmatic advertising technology company, today announced that it has filed its Q1 2019 financial statements and management’s discussion and analysis for the period ending March 31, 2019, available for viewing on www.sedar.com. All figures are expressed in Canadian dollars unless otherwise stated.

Jesse Dylan, CEO of GLN, commented, “I am very pleased with our financial results for the first quarter. We are diligently focused on executing our growth strategy and we continue to review accretive acquisition opportunities to scale the business and deepen our reach within the CTV and mobile space.” He continued, “We expect similar quarterly performance growth as recorded in previous years 2017, and 2018. This means that Q1 performance is a good indicator that we are on track to meet our 2019 performance objectives.”

First Quarter and Recent Company Highlights:

During the first quarter ending March 31, 2019, GLN achieved the following milestones:

  • Appoints Stephen Tapp and Todd Finch as Advisors to the Company
  • Signs Memorandum of Understanding with Globex to launch its account receivable securitized token
  • Expands reach in mobile advertising with a binding Letter of Intent to acquire mPlore, a leading mobile ad technology company
  • GLN property, 495 Communications, increases Roku channel development by 40%
  • Completed 495 integration, and doubles client base

Financial Highlights:

  • Revenue of $4,617,564 during the three months ended March 31, 2019 was a 249% increase compared to $1,322,139 recorded during the three months ended March 31, 2018;
  • Gross Profit increases by 245% to $1,544,961 in comparison to Q1 2018. Gross margin for Q1 2019 increased to 33%, which is a 14% sequential increase from Q4 2018 (and stable compared to 34% during the three months ended March 31, 2018);
  • Comprehensive loss for the three months ended March 31, 2019 was $1,510,680 compared to comprehensive loss of $2,948,479 during the three months ended March 31, 2018;
  • Adjusted EBITDA loss for the three months ended March 31, 2019 was $153,525 compared to an EBITDA loss for the three months ended March 31, 2018 was $366,534

Reconciliation of Adjusted EBITDA

Adjusted EBITDA is a non-IFRS financial measure that we calculate as income (loss) before income taxes excluding depreciation and amortization, stock-based compensation expense, interest expense, and gain or loss on financial instruments and foreign exchange.

Adjusted EBITDA is a measure used by management and the Board to understand and evaluate our core operating performance and trends. This measure differs from contribution in that adjusted EBITDA includes additional operating costs, such as general and administration expenses and marketing, but excludes funding interest costs.

The following table presents a reconciliation of adjusted EBITDA to loss before income taxes, the most comparable IFRS financial measure for each of the periods indicated:

  
 Three Months Ended March 31,
Adjusted EBITDA20192018
 $$
Comprehensive Income (Loss) for the Period(1,510,680)(2,948,479)
Reporting currency translation adjustment373,317–
Listing fee–2,318,018
Acquisition-related expenses8,500–
Gain (Loss) on forgiveness of debt23,120(26,535)
Foreign exchange expense128,003(22,594)
Fair value of change of derivative liability–(234,000)
Share-based compensation153,014488,830
Amortization319,9222,084
Interest expense196,16856,142
Accretion expense155,111–
Adjusted EBITDA(153,525)(366,534)
   

Conference Call Details

GLN will be hosting a conference call beginning at 9:00am EST (6:00am PST), today, May 30th to discuss the results.

Conference Call Access

To access the conference call by phone, please dial the following numbers.

Canada/USA TF: 1-800-319-4610
International Toll: +1-604-638-5340
Germany TF: 0800-180-1954
UK TF: 0808-101-2791

Callers should dial in five to 10 minutes prior to the scheduled start time and ask to join the Good Life Networks call. We encourage you to access the webcast and presentation material that will be published in the Investors section of GLN’s website at https://glninc.ca/overview/

The GLN Story

GLN’s patent pending technology is the engine that sits between advertisers and publishers. A highlight of GLN’s tech is that it does not collect PII (Personal Identifiable Information). Built for cross device video advertising: Mobile, In-App, Desktop and CTV (Connected Television) the GLN Programmatic Video Advertising Platform has among the lowest fraud rates of similar vendors in the industry. Advertisers make more money by reaching their target audience more effectively. GLN makes money by retaining a percentage of the advertiser’s fee.

GLN is headquartered in Vancouver, Canada with offices in Newport Beach and Santa Monica California, New York and UK and trades on the TSXV under the stock symbol “GOOD” and The Frankfurt Stock Exchange under the stock symbol 4G5. For further information on the Company, visit www.glninc.ca

CONTACT

Investor Relations
[email protected]

Jesse Dylan, CEO
604 265 7511

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

Forward Looking Statements:

Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs regarding future events of management of GLN. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding management’s expectations with respect to the Company’s future performance growth and achievement of its future performance objectives. These statements generally can be identified by use of forward-looking words such as “may”, “will”, “expect”, “estimate”, “anticipate”, “intends”, “believe” or “continue” or the negative thereof or similar variations.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. Important factors that may cause actual results to vary include without limitation, risks relating to, the stability of the industry in which the Company operates, the Company’s ability to continue to achieve its performance objectives, the Company’s ability to sustain and support its performance growth, changes in legislation and general economic conditions or conditions in the financial markets.

In making the forward‐looking statements in this news release, the Company has applied several material assumptions, including without limitation that GLN’s operations will generate the anticipated results as per management’s expectations and that the Company’s performance will grow at the same rate as it has in 2017 and 2018.

GLN does not assume any obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements, unless and until required by applicable securities laws. Additional information identifying risks and uncertainties is contained in GLN’s filings with the Canadian securities regulators, which filings are available at www.sedar.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/45150

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Client Feature: GGX Gold Drilling for High Grade Gold Silver and Tellerium at Gold Drop $GGX.ca $APH.ca $TUE.ca $GOM.ca $TYE.ca $NNZ.ca $GTT.ca $AOT.ca $MTB.ca

Posted by AGORACOM at 3:38 PM on Wednesday, May 29th, 2019

GGX Gold Hub on Agoracom

FULL DISCLOSURE: GGX Gold is an advertising client of AGORA Internet Relations Corp

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CLIENT FEATURE: Star Navigation $SNA.ca – Providing Real-Time Patient Information and Flight Tracking

Posted by AGORACOM-JC at 3:24 PM on Tuesday, May 28th, 2019

RECENT HIGHLIGHTS

ANNOUNCED MEDEVAC AGREEMENT WITH AMS HELI DESIGN

  • Entered into a long-term agreement with AMS Heli Design of Denison, Texas
  • Parties are now offering the STAR-ISAMM™ System as part of the Helicopter Emergency Medical Services configuration
  • STAR-ISAMM™ interfaces with existing bio-medical equipment aboard a medical evacuation and transport helicopter or airplane
  • Securely transmits the patients’ vital signs and other critical information directly to receiving hospital physicians through SATCOM or GSM, while at the same time providing tracking and location of the vehicle.

Watch Our Recent Interview

FULL DISCLOSURE: Star Navigation Systems Group Ltd. is an advertising client of AGORA Internet Relations Corp.

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North Bud Farms Inc. $NBUD.ca – #Cannabis continues to light up Canadian sec finance $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM-JC at 11:09 AM on Tuesday, May 28th, 2019

SPONSOR: North Bud Farms Inc. (NBUD:CSE) Sustainable low cost, high quality cannabinoid production and procurement focusing on both bio-pharmaceutical development and Cannabinoid Infused Products. Learn More.

NBUD: CSE

—————

Cannabis continues to light up Canadian sec finance

  • Cannabis stocks continue to drive momentum in the Canadian securities finance market.
  • According to data from IHS Markit, Canadian equity securities lending revenue reached $144.82 million in 1Q19, up 11.5% on 1Q18.

Louise Fordham

Last year was a somewhat challenging one for the Toronto Stock Exchange (TSX), with the TSX Composite Index down 11.64% at the end of 2018, says Phil Zywot, managing director and Canada regional securities finance trading head at BNY Mellon Markets. However, 1Q19 experienced a rebound. “It’s been the best start to any year in the last 19 years, with the TSX Composite Index coming up 12.42% in the first quarter,” Zywot adds.

Cannabis stocks continue to drive momentum in the Canadian securities finance market. According to data from IHS Markit, Canadian equity securities lending revenue reached $144.82 million in 1Q19, up 11.5% on 1Q18. Canadian cannabis stocks accounted for $63 million of 1Q19’s equity lending revenue, an increase of 32% year on year. In North America, four of the top 10 revenue-generating stocks in the first quarter of the year were in the Cannabis sector.

Mark Skowron, senior vice president, global securities lending trading at Northern Trust, says: “In Canada, one of the main themes of 2018, and likely into 2019, was borrower interest in shares of cannabis-related companies, as the country legalized the use of recreational marijuana. Ongoing borrower demand and elevated lending fees should drive good opportunities for holders of these companies’ shares as the sector is broadly viewed as overpriced.”

While mining and energy stocks have historically been a key driver of demand for specials in Canada from a short-selling perspective, recent demand has been more subdued in these areas and cannabis stocks currently represent the lion’s share of growth in the Canadian market, explains Sam Pierson, director, securities finance at IHS Markit. “There are hedge funds that seem to have a long-term view that it is going to be hard for Canadian cannabis players to grow into their market caps,” he says. “As the market caps have grown so have the short balances, as share price volatility continues to attract a lot of trading on both sides.”

Meanwhile, on the fixed income side, there has been continued strength on the back of Canada’s AAA rating and the need for high quality liquid assets (HQLA), notes BNY Mellon’s Zywot. This trend is expected to continue over 2019.

Collateral diversification

The country’s securities finance market has also seen a move towards greater collateral diversification. Zywot says: “Canada has generally been a non-cash collateral, sovereign debt market. Now we are seeing more equities as collateral, other sovereign debt options as collateral, and an expansion into corporate bonds as collateral. We have even seen an expansion into different forms of cash collateral and different currencies.”

The industry continues to push for broader collateral options for Canadian mutual funds. The Canadian Securities Lending Association (CASLA) is advocating for changes to National Instrument 81-102 in order to allow mutual funds to accept equities as collateral for securities lending transactions.

Regulatory change

The Canadian Federal Budget, announced on March 19 2019, laid out proposed reforms with a bearing on the securities lending industry. This includes changes to the tax treatment surrounding securities lending transactions where a non-resident lends Canadian stocks to a Canadian resident, which aim to ‘prevent non-resident taxpayers from avoiding Canadian dividend withholding tax on compensation payments made under cross-border share lending arrangements with respect to Canadian shares’.

“These regulatory changes have been proposed but not yet implemented,” says Zywot. “If they do pass, they will be retroactive back to March 19. Participants both globally and here in Canada are monitoring the situation closely.”

2019 has already seen the introduction of new rules that provide retail investors with access to liquid alternatives, which came into effect on January 3. Zywot says: “This is potentially a new market opportunity for the Canadian industry. It may be off to a slow start as the retail sector gains a better understanding of what the product offer is, but it should be an avenue of growth over the upcoming years for the Canadian marketplace.”

Beneficial owner engagement

While Canadian beneficial owners are typically au fait with, and accepting of, securities lending practices, Zywot believes there has been a trend towards increased utilisation of securities lending as a tool to help generate incremental revenue for their underlying funds.

He says: “We have seen more engagement from securities lending beneficial owners on all fronts, whether that’s getting into a securities lending programme if there isn’t one, or looking at an existing programme to see how they can expand it or consider new trading strategies, ideas or collateral to further increase the incremental revenue that it can generate.”

Source: https://www.fow.com/articles/3692534/cannabis-continues-to-light-up-canadian-sec-finance

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#ZeU Maltese Regulations Update & $SX $SX.ca $SXOOF Corporate Developments

Posted by AGORACOM-JC at 9:55 AM on Tuesday, May 28th, 2019
Sx large
  • Entered into a Binding Term Sheet to license its Random Number Generator to a South Asian online gaming group.
  • also announced that it signed a binding term sheet to acquire intellectual property and enter into co-development agreements with two non arms-length blockchain developers

Montreal / May 28, 2019 – St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to inform the public that its subsidiary, ZeU Crypto Networks Inc., has entered into a Binding Term Sheet to license its Random Number Generator to a South Asian online gaming group. ZeU is also pleased to announce that it signed a binding term sheet to acquire intellectual property and enter into co-development agreements with two non arms-length blockchain developers. ZeU would also like to disclose the current status of its blockchain email project.

Random Generator Licensing Agreement

ZeU has signed a binding term sheet with Star Epigone Capital Ltd. of the British Virgin Islands to provide Star Epigone with a license for ZeU’s Random Number Generator to be used by Star Epigone in its online gaming product offering. Star Epigone has access to an already established clientele through its online gaming business and is planning to integrate lotteries and other gambling offerings using ZeU’s technologies solutions.

A long form version of the development and maintenance agreement for the creation of a blockchain lottery and gambling software will be finalized no later than July 5, 2019. All development and licensing costs will be covered by Star Epigone, the operator. The profit-sharing component of the final agreement will distribute profits along this breakdown:

Star Epigone Capital ltd. 75%
ZeU Crypto Networks Inc. 10%
St-Georges Eco-Mining Corp. 7.5%
Minority Partnership 7.5%

Closing is subject to Regulatory Approval and the approval of the ZeU’s board of directors.

Acquisition of a controlling position in vSekur Network Ltd.

ZeU has entered into a binding term sheet to acquire 2,100,000 first rank preferred shares of vSekur Network Ltd. The shares have a redemption value of $1.00 and bear a 6% annual interest. The preferred shares can be converted into common shares of vSekur at the current value of $1 each, or at the last equity raise price. ZeU will have the right to maintain its equity position with a right of first refusal in all future financing efforts of vSekur. If converted in common shares, this would represent more than 21% of the company outstanding common shares.

vSekur is already developing the patient account security component of ZeU Healthcare SaaS. It will now become the primary provider of anonymization solutions for the different development initiatives of ZeU.

Considerations

As a counterpart to vSekur preferred Shares, ZeU will issue to vSekur approximately 215,325 convertible debenture units with a minimum floor conversion of CAD $3.25 for one year. The transaction is planned to close within 5 days of ZeU listing on a Canadian securities exchange.

Non Arm-Length Transaction

Jean-Philippe Beaudet, ZeU’s director and CTO, is also a director and major shareholder of vSekur. He will abstain from any discussion related to this transaction or future negotiation between the companies.

The transaction is conditional on regulatory approval and ZeU’s board of director’s approval and will be subject to an independent valuation. A long form agreement will be signed at closing.

Acquisition of a controlling stake in Hong-Kong’s Pure Data Tech

In order to further accelerate the development of its blockchain healthcare SaaS solution, ZeU management has entered into a binding term sheet with Pure Data Tech Corporation of Hong Kong. The corporation is controlled by Dr. Fenglian Xu, a director of ZeU. Pure has received investment and grants in excess of ?1m up to today. The company operates a turnkey solution that includes software, hardware and management services (MIS) for the healthcare industry in South-East Asia with a focus on Singapore and Malaysia. The companies will partner in certain aspects of their development. While Pure will leverage ZeU’s blockchain technology, ZeU will be able to integrate Pure’s machine learning IP into its Healthcare SaaS solution.

The transaction is expected to close within 5 days of ZeU listing its common shares on a Canadian securities exchange.

Considerations

ZeU will issue 461,540 subordinated debenture units convertible at a floor price of CAD $3.25 for a total of approximately CAD $1,500,000 and 400,000 three years special warrants in favor of Pure at an execution price of CAD $3.75.

Pure will issue approximately ?1,000,000 worth of 1st Rank, Fixed Redeemable and Convertible Preferred Shares of Pure in favor of ZeU currently representing after conversion, 42% of Pure’s common shares.

Non Arm-Length Transaction

Dr. Fenglian Xu is a director of ZeU and also a director and major shareholder of Pure Data Tech. She will abstain from any discussion related to this transaction and of any future negotiation between the companies.

The transaction is conditional on regulatory approval and ZeU’s board of director’s approval and will be subject to an independent valuation. A long form agreement will be signed at closing.

Corporate Update

ZeU’s management is pleased to inform its shareholders that its Maltese legal advisors have cleared the way to a beta testing of its blockchain email marketplace with a slightly altered version of its platform. ZeU will use tokens with no commercial value and an expiry date for the duration of the beta testing phase of its email. The tests will be migrated to the Maltese licensing authority sandbox. Furthermore, ZeU will create a Maltese wholly owned subsidiary to run the blockchain email marketplace and request the proper master license allowing all commercial clients of the email marketplace to fall under the ZeU license when issuing their own tokens. The initial expectations of the company were that it must obtain a final license from the authorities before the beginning of its trial. Management is happy with the recent development on this aspect of the regulatory framework for its email marketplace platform.

The company is actively coding a new version of the email platform with limited capabilities that will be used for its beta testing and for the Maltese Sandbox trial.

ON BEHALF OF THE BOARD OF DIRECTORS

“Frank Dumas”

FRANK DUMAS

DIRECTOR & COO, ST-GEORGES ECO-MINING

PRESIDENT & CEO, ZEU CRYPTO NETWORKS.

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

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