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Esports Entertainment Group $GMBL Announces the Appointment of Magnus Leppäniemi To Advisory Board #Esports #Egaming #Egambling $ATVI $TTWO $GAME $EPY.ca $TCEHF $Game.ca $EPY.ca

Posted by AGORACOM-JC at 10:29 AM on Monday, July 9th, 2018

Esports large

  • Announced the appointment of Mr. Magnus Leppäniemi of Stockholm to the Company’s Advisory Board
    • Extensive background in esports as a Senior Games Industry Executive
    • Currently serves as the Head of Key Account Management & Partnerships at DreamHack AB
  • DreamHack helped pioneer esports and continues to be one of the largest global producers of esports content, with broadcasts
    • generated over 375 million views and events that welcomed over 250,000 visitors in 2017

ST. MARY’S, ANTIGUA, July 09, 2018 – Esports Entertainment Group, Inc. (OTCQB:GMBL) (or the “Company”), a licensed online gambling company with a specific focus on esports wagering and 18+ gaming, is pleased to announce the appointment of Mr. Magnus Leppäniemi of Stockholm to the Company’s Advisory Board. Mr. Leppäniemi has an extensive background in esports as a Senior Games Industry Executive.

Mr. Leppäniemi currently serves as the Head of Key Account Management & Partnerships at DreamHack AB. DreamHack helped pioneer esports and continues to be one of the largest global producers of esports content, with broadcasts that generated over 375 million views and events that welcomed over 250,000 visitors in 2017. DreamHack is the world’s largest digital festival, with 11 events occurring in 6 countries across the globe in 2018.

At DreamHack, Magnus manages, acquires and grows strategic global accounts.  One main task has been to spearhead US sales by targeting, acquiring and developing new sales and customers.  He is also responsible for managing and supervising  third party sales channels, which includes synchronizing both external sales through the likes of ESL, the world’s largest esports company, and global esports companies such as VY Esports and Big Block LA, as well as, internal sales at MTG/Kinnevik, the publicly traded parent company of DreamHack with a current market capitalization of $US 2.75 Billion.

Magnus Leppäniemi stated, “It is an exciting time for a company like Esports Entertainment Group to be emerging in the Esports and competitive gaming, as new games such as Fortnite and PUGB usher in new massive audiences, while traditional games such as CSGO and Dota still retain huge global fan bases.  For Esports Entertainment Group, this the right time to enter the space and deliver the additional experience, value and energy that trusted and responsible betting can provide between both fans and friends of Esports and Competitive gaming.  I look forward to helping Grant and his team grow their business within the Esports and Competitive gaming space.”

Grant Johnson, CEO of Esports Entertainment Group, stated, “We are beyond thrilled to have Magnus join our team. His impeccable reputation within the esports world and tier one network of contacts at the highest levels of esports around the world will open strategic doors to Esports Entertainment Group that we could only dream of a few months ago. The timing of his arrival could not be better given our momentum in 2018 and our preparation to make a big splash at Gamescom 2018 in August.”

This press release is available on our Online Investor Relations Community for shareholders and potential shareholders to ask questions, receive answers and collaborate with management in a fully moderated forum at https://agoracom.com/ir/EsportsEntertainmentGroup

Redchip investor relations Esports Entertainment Group Investor Page: http://www.gmblinfo.com

About Esports Entertainment Group

Esports Entertainment Group Inc. is a licensed online gambling company with a specific focus on esports wagering and 18+ gaming. Esports Entertainment offers bet exchange style wagering on esports events in a licensed, regulated and secure platform to the global esports audience.  In addition, Esports Entertainment intends to offer users from around the world the ability to participate in multi-player mobile and PC video game tournaments for cash prizes. Esports Entertainment is led by a team of industry professionals and technical experts from the online gambling and the video game industries, and esports. The Company holds licenses to conduct online gambling and 18+ gaming on a global basis in Curacao, Kingdom of the Netherlands and the Kahnawake Gaming Commission in Canada. The Company maintains offices in Antigua, Curacao and Warsaw, Poland. Esports Entertainment common stock is listed on the OTCQB under the symbol GMBL.  For more information visit www.esportsentertainmentgroup.com

FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Contact:

Corporate Finance
1-268-562-9111
[email protected]

Media & Investor Relations Inquiries
AGORACOM
[email protected]
http://agoracom.com/ir/eSportsEntertainmentGroup

U.S. Investor Relations 

RedChip
Dave Gentry
407-491-4498
[email protected]

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Peeks Social $PEEK.ca Launches Web Platform, User Deposits Reach All-Time High in June 2018 $BCOV $AVID

Posted by AGORACOM-JC at 9:22 AM on Monday, July 9th, 2018

Peeks dark logo

  • Announced that the Peeks Social product is now available on the web at www.peeks.social
  • Both viewers and broadcasters can access www.peeks.social to watch streams and broadcast unique content on a mobile friendly website.

TORONTO, July 09, 2018 – Peeks Social Ltd. (TSX-V:PEEK) (OTCQB:PKSLF) (“Peeks Social” or “the Company”) is pleased to announce that the Peeks Social product is now available on the web at www.peeks.social.  Both viewers and broadcasters can access www.peeks.social to watch streams and broadcast unique content on a mobile friendly website.

The launch of www.peeks.social is a key element of ongoing initiatives to increase user activity levels and revenues for the Company. Management anticipates that the mobile-friendly web version will amplify the capabilities of the platform in many ways, including by improving the conversion rate of new users into active and paying users, and by accessing new audiences of users who prefer consuming livestreaming video on their desktops. For example, desktop viewers who are following Peeks Social influencers through to Peeks Social from other social platforms will encounter fewer steps in the registration process resulting in higher conversion rates and ultimately a lower cost per installation for the Company. Users who are forwarded to the Peeks Social App from their desktops were previously required to download and install the App in order to interact and consume content. The Peeks Social platform can now be enjoyed in its full functionality from a desktop or on a mobile web browser.

The fully functional website is expected to increase the percentage of overall deposits made through the www.peeks.social website, resulting in higher margins for the Company. The majority of deposits currently received by the Peeks Social App are processed through in-app payments, which are subject to a 30% payment processing fee from their respective app stores. Deposits made through the website incur a fraction of these costs.

June Monthly Deposit Key Performance Indicator (“KPI”) increases 9.5%

The Company is pleased to announce that the Peeks Social App reached an all-time high of $513,830 CAD in monthly user deposits for June 2018 representing a 6% monthly increase over May 2018 (9.5% when results are normalized for a 30-day month).  User sessions were 2,035,000 for June 2018 (representing a 3% increase over May 2018 when results are normalized for a 30-day month).

The Peeks Social App can be downloaded in either the Apple or Google app stores, or by visiting www.peeks.social

For further information, please contact:

Peeks Social Ltd.

Mark Itwaru
Chairman & Chief Executive Officer
416-639-5335
[email protected]

David Vinokurov
Director Investor Relations
416-716-9281
[email protected]

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

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$AAO.ca FOX-TEK Completes Testing and Reports Findings to Client in India and Augusta to Extend Term of Warrants $ENB.ca

Posted by AGORACOM at 8:21 AM on Monday, July 9th, 2018

https://s3.amazonaws.com/s3.agoracom.com/public/companies/logos/564614/hub/augustalarge.png

  • Received a small test plate from the Corporation’s agent in India to test and provide a report to a client.
  • Objective of the test and report was to show conclusively that FOX-TEK’s EFM technology can work with a typical vessel wall where the inside surface has a number of stellite layers added
  • FOX-TEK was able to successfully demonstrate that it is possible to perform a baseline reading of the starting thickness of the provided sample using a precision ultrasonic measuring instrument.
  • This was followed by three phases of material removal from the stellite side of the plate while an EFM unit was used to measure the changes over time.

Toronto, Ontario–(Newsfile Corp. – July 9, 2018) – Augusta Industries Inc. (TSXV: AAO) (the “Corporation”), a developer and marketer of patented non-intrusive sensing systems, is pleased to announce that its wholly owned subsidiary, FOX-TEK Canada Inc. (“FOX-TEK”), has received a small test plate from the Corporation’s agent in India to test and provide a report to a client.

The objective of the test and report was to show conclusively that FOX-TEK’s EFM technology can work with a typical vessel wall where the inside surface has a number of stellite layers added. Two methods were used to measure both the baseline thickness of the sample, the first a standard UT tool was used to measure the baseline thickness of the plate. Secondly, for the rest of the tests, a small EFM array was installed on the non-stellite side of the plate. A small test plate (roughly 6 by 6 inches) was provided to FOX-TEK by its agent on behalf of the client. One side of the test plate had layers of stellite welded on. This test sample represents a small sample of an actual issue where the inside material is eroded by the process internal to the vessel.

FOX-TEK was able to successfully demonstrate that it is possible to perform a baseline reading of the starting thickness of the provided sample using a precision ultrasonic measuring instrument. This was followed by three phases of material removal from the stellite side of the plate while an EFM unit was used to measure the changes over time.

FOX-TEK prepared a report summarizing its findings from the testing and has forwarded same to its agent and client. FOX-TEK will be working with its agent and the client in order to move this project forward.

The Corporation will also like to announce that, subject to the receipt of TSX Venture Exchange, it has agreed to amend the expiry date of the 20,200,000 common share purchase warrants (the “Warrants”) of the Corporation from July 14, 2018 to July 14, 2020.

The Warrants, which were originally issued on July 14, 2015, were issued pursuant to the Corporation’s private placement offering of 20,200,000 units. Each Unit was comprised of one (1) common shares and one (1) common share purchase warrant (the “Warrant”). Each Warrant entitles the holder thereof to acquire one (1) common share at an exercise price of $0.07 per share at any time until close of business on July 14, 2018.

Each Warrant, as amended, will entitle the holder thereof to purchase one common share of the Corporation at any time until the close of business on July 14, 2020 at an exercise price of $0.07 per common share.

The Warrants will be amended, effective July 14, 2018, to extend the term of the Warrants until July 14, 2020. All other provisions of the Warrants will remain the same.

About the Corporation:

Through its wholly owned subsidiaries, Marcon International Inc. (“Marcon”), Paragon Blockchain Inc. (“Paragon”) and FOX-TEK, the Corporation provides a variety of services and products to a number of clients.

Marcon is an industrial supply contractor servicing the energy sector and a number of US Government entities. Marcon’s principal business is the sale and distribution of industrial parts and equipment (Electrical, mechanical and Instrumentation.) In addition to departments and agencies of the U.S. Government, Marcon’s major clients include Saudi Arabia-Sabic Services (Refining and Petrochemical), Bahrain National Gas Co, Bahrain Petroleum, Qatar Petroleum, Qatar Gas, Qatar Petrochemical, Gulf of Suez Petroleum, Agiba Petroleum and Burullus Gas Co.

Fox Tek develops non-intrusive asset health monitoring sensor systems for the oil and gas market to help operators track the thinning of pipelines and refinery vessels due to corrosion/erosion, strain due to bending/buckling and process pressure and temperature. The Corporation’s FT fiber optic sensor and corrosion monitoring systems allow cost-effective, 24/7 remote monitoring capabilities to improve scheduled maintenance operations, avoid unnecessary shutdowns, and prevent accidents and leaks.

Paragon has the potential to unlock substantial new opportunities capable of impacting the business of Marcon. Specifically, Marcon seeks to create an eco-system in the supply chain management of clients to change the dynamics of the scoping and bidding process by providing vendors and subcontractors with A.I. data mining tools to proactively drive the process. Blockchain technology is of critical importance to FOX-TEK as well particularly the expansion of its’ non-intrusive technology in the oil & gas industry, whose clients include many of the biggest companies in the world.

Corporation contact:

Allen Lone, President and C.E.O
Tel: (905) 275 -8111 Ext 226
email: [email protected]

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The explosive growth of #Esports $GMBL $ATVI $TTWO $GAME $EPY.ca $TCEHF $Game.ca $EPY.ca

Posted by AGORACOM-JC at 10:41 AM on Friday, July 6th, 2018
  • In a nutshell, competitors play video games, while being watched by a live audience.
  • Millions more watch the games online
World Economic Forum | 2 days ago

This sport will soon be a 1 billion dollar business with a global audience of over 300 million fans. But it doesn’t involve a ball, stadiums or grass pitches.

Welcome to the world of eSports.

E-WHAT?

eSports (short for Electronic Sports) is the name given to professional competitive gaming. In a nutshell, competitors play video games, while being watched by a live audience. Millions more watch the games online.

One major tournament, the 2016 League of Legends World Championship finals, attracted 43 million viewers.

League of Legends is a hugely popular fast-paced action strategy game. Gamers battle to be crowned the best in the world, competing to earn $1 million in prize money.

In fact, winning eSports tournaments can net participants up to $25 million when winnings, sponsorship and appearance fees are taken into account.

The highest earning player, German Kuro Takhasomi, has earned almost $3.5 million to date.

GROWING FANBASE

Fans watch on YouTube’s gaming channel or on Twitch, a dedicated gaming channel on the web. eSports viewers spent 17.9 million hours watching their gaming heroes on those channels in the first quarter of 2018. The most popular game to watch is Dota 2, followed by League of Legends and Counter Strike: Global Offensive.

The global eSports audience will reach 380 million this year, made up of 165 million dedicated eSports fans and 215 million occasional viewers.

 

 

In 2018, the eSports industry is projected to generate $905 million in revenue, reaching over $1 billion over the next two years.

China and North America will generate over half of that sum.

Fans buying tickets and merchandise will contribute $96 million.

IS IT SPORT?

 

Just like traditional sport, eSports has its fair share of professionals, commentators and celebrities.

Prize money is certainly comparable to more traditional sports. The National Basketball Association prize pool is $13 million, the Golf Masters is $11 million and the Confederations Cup is $20 million. eSports exceeds each of them with a total prize pool of $24.7 million.

In fact, Fifa has its own eWorld Cup, where the 32 best Fifa18 Xbox and PlayStation players will compete for the title of Fifa eWorld Cup Champion.

eSports has become so popular, that even the International Olympic committee is trying to understand it better. The IOC and the Global Association of International Sports Federations are jointly hosting an eSports Forum at the Olympic Museum in France.

“The aim of the Forum is to explore synergies, build joint understanding and set a platform for future engagement between the eSports and gaming industries and the Olympic Movement,” they say.

The IOC isn’t the only organisation taking eSports seriously.

The US government has recognised full-time League of Legends players as professional athletes.

But detractors scoff at the idea of calling gaming a real sport. After all, gamers sit still in a chair for hours on end showing only agility and dexterity in their hands, they argue.

But those who play eSports would counter argue that it takes a great deal of skill and strategy to win games. They also point out that they practice for hours a day just like any other sports player, and that physical exertion isn’t the marker of sport. Darts players and snooker players don’t have to move much either.

It may be a moot point. An industry that is projected to make $1.4 billion by 2020 is unlikely to require the approval of naysayers.

Written by Alex Gray, Formative Content.

This article was republished courtesy of the World Economic Forum.

Source: http://ewn.co.za/2018/07/04/the-explosive-growth-of-esports

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How Digital #India is changing the #edtech sector $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 10:21 AM on Friday, July 6th, 2018

  • India is increasingly becoming digitally connected due to the efforts of the Centre under their scheme “Digital India”
  • Many online education aggregators have also come up and are participating in this revolution to change the way one thinks about learning

By Sandip Kar 

Over the years, with the advent of digital media and technology, pedagogical methods and teacher-student interactions across the globe have evolved. The education sector today is not just bound to the classroom or coaching sessions, but in fact, has successfully merged with the internet to become a better serving industry. Due to digitalization and the availability of video solutions, the process of teaching and learning has greatly changed.

Benefits of video solutions

Video solutions in education include video conferencing, video lessons, video explanations amongst several others. Their importance in education is unparalleled due to their ability to create a stimulating and interactive environment which engages students, making it more conducive to learn. Audiovisual aids such as webinars and special lectures are within easy reach of students and teachers, making learning fun and more comprehensive. Additionally, incorporation of such tools has enabled differently-abled students and students with learning disorders to take inclusive classes. In fact, many students are visual learners and benefit from the incorporation of such solutions in their study regime.

Another benefit of using video solutions in education is the age-old adage of “show don’t tell,” as video solutions allow students to grasp concepts no matter how complex for a longer time. Several independent video solution providers have popped up in the industry to help make school classes ‘smart’ by equipping school teachers with audiovisual lesson by lesson teaching aids.

Digital India

Moreover, as India is increasingly becoming digitally connected due to the efforts of the Centre under their scheme “Digital India”, many online education aggregators have also come up and are participating in this revolution to change the way one thinks about learning.

These online players focus on creating video content for students across the educational spectra. They use animation and other tools with the help of teachers, lecturers, and experts to create videos which are education yet entertaining. Not to mention, the presence of these aggregators is democratising the educational scenario of the nation as the content they provide is available to everyone and not limited to people who can afford to pay for them. Students can browse through multiple providers to learn, understand and even revise concepts.

Furthermore, online education aggregators provide room for more interaction between students as opposed to traditional classroom environments where learning is restricted to a strict time of 30 or 40 minutes. These websites also give the students the liberty to study at their own pace, and they can redo concepts they have doubts in. The aggregators also provide a wide variety of subject content from languages to science and from literature to maths: you name it and they will have it. This diversity of content is especially attractive to people in colleges as well as those who are learning a new language as opposed to the traditional content available to them via their institutions and universities.

Even for people who wish to re-skill themselves or revisit a topic that they had learned ages ago, learning through video content has made things easier from them as they are less time consuming and more effective.

In this day and age, digital tools are the key to making learning more effective and fun. Video solutions have made education easier and online education aggregators have made the availability of diverse content easy for all, proving to be a game changer in the education sector.

Source: https://qrius.com/how-digital-india-is-changing-the-education-sector/

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INTERVIEW: Star Navigation $SNA.ca Discusses STAR-LSAMM™ Land Ambulance System

Posted by AGORACOM-JC at 4:37 PM on Thursday, July 5th, 2018

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Namaste $N.ca $NXTTF announces domestic consulting agreement with Cannbit Ltd to expand Israeli operations and add new sales channels $VAPE $VPCO $MCIG $ABCN.ca $ACG.ca $ACB $WEED.ca $HIP.ca

Posted by AGORACOM-JC at 4:18 PM on Thursday, July 5th, 2018

  • Signed a consulting agreement with Cannbit Ltd., whereby Cannbit will provide domestic consulting services to Namaste
  • Will streamline the Company’s Israeli operations, expand its platform and increase domestic revenues
  • Namaste has identified strong growth potential in its Israeli market and will focus on the expansion of its current platform as well as introducing new technology like its telemedicine application, NamasteMD and Findify’s AI technology in Israel

VANCOUVER, July 5, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N)(FRA: M5BQ)(OTCMKTS: NXTTF) is pleased to announce the Company has signed a consulting agreement (the “Agreement”) with Cannbit Ltd. (“Cannbit” or “Cannbitltd.com”), whereby Cannbit will provide domestic consulting services to Namaste that will streamline the Company’s Israeli operations, expand its platform and increase domestic revenues. Namaste’s recent announcement of its 10% investment in Cannbit, with Cannbit’s intention to publicly list on the Tel Aviv Stock Exchange (“TASE”), is further supported by this strategic partnership.

Namaste has identified strong growth potential in its Israeli market and will focus on the expansion of its current platform as well as introducing new technology like its telemedicine application, NamasteMD and Findify’s AI technology in Israel. Cannbit will provide Namaste with local resources to facilitate this growth. Cannbit will provide Namaste with domestic management and operations of the Company’s Israeli e-commerce platform, business development, website translations, domestic customer support services and wholesale sales. Cannbit’s team will work closely with Namaste’s marketing team to further develop its online platform and expand its B2B channels business in Israel.

Israel has quickly emerged as a global leader in cannabis research and development and Namaste is well positioned to leverage its technology and database of Israeli consumers to launch new initiatives in the Israeli market including the Company’s revolutionary telemedicine application and patient portal, NamasteMD. Through its investment with Cannbit, a medical cannabis supply agreement and now this strategic partnership, Namaste will benefit from expansion of its revenue streams, import of high-quality Israeli grown cannabis to the Canadian market (subject to approval by Israeli regulators and Health Canada), and also in leveraging its technology to provide simple and effective access to its online healthcare platform.

Management Commentary

Yaron Razon, co-founder and CEO of Cannbit comments: – “We are delighted to strengthen our strategic partnership with Namaste by adding yet another business cooperation them. Namaste is a global leader with a sensational management team. This Agreement, as well as our other partnerships with Namaste will benefit both companies as well as their respective shareholders. I’m also certain that both companies will find more ways to cooperate in the near future.”

Sean Dollinger, President and CEO of Namaste comments: – “We’re very proud of our various partnerships with Cannbit and love working with their team. This Agreement will bring great value to Namaste by leveraging Cannbit’s resources and expertise in the Israeli market. We see this is the beginning of a long-term relationship with our partner. We believe working with Cannbit under this Agreement is the best way for us to operate and grow in the Israeli market. As our database of Israeli customers grows every day, we look forward to launching new initiatives in Israel to capture more market share and in providing Israeli citizens with access to simple and convenient healthcare through NamasteMD. The idea for us is to keep building our database of customers, in order to overlap it with a domestic sales license and provide a fully-integrated platform for the sale of medical cannabis in the Israeli market. We’re looking forward to launching operations under the terms of this new agreement, exporting cannabis to the Canadian market when possible, and growing our Israeli division of the Company.”

About Cannbit Ltd.

Cannbit is focused on growing high-quality medical-grade cannabis with advanced technology and agriculture platform while utilizing the best human resources to produce the highest level of quality available that will effectively treat a wide range of illnesses. The Israeli government is expected to approve the export of medical cannabis and Cannbit intends to become Israel’s leading exporter for medical cannabis to legal jurisdictions around the globe. Cannbit’s facility is 10,000 square meters with an additional 13,000 square meters available for expansion and is located in Neot Hakikar, an area well known in the Israeli agricultural community with clear advantages in the cold seasons. Our cultivation is carried out in a sophisticated greenhouse that provides ideal conditions for a variety of cannabis strains. Cannbit’s management is comprised of a group of industry professionals in relevant disciplines.

About Namaste Technologies Inc.

Namaste Technologies is a global leader in the sale of medical cannabis consumption devices. Namaste has nine offices with multiple distribution centers around the globe and operates over 30 websites under various brands. Namaste has developed innovative technology platforms including NamasteMD.com, Canada’s first ACMPR compliant telemedicine application. The company is focused on patient acquisition through NamasteMD and intends on building Canada’s largest database of medical cannabis patients. The company’s subsidiary, CannMart Inc. is an ACMPR Licensed Producer pending receipt of a “sales-only” license, whereby the company will offer a large variety of medical cannabis sourced from domestic and international producers. Namaste will continue to develop and acquire innovative technologies which will provide value to the Company and to its shareholders as well as to the broader cannabis market.

On behalf of the Board of Directors

“Sean Dollinger”

Chief Executive Officer

Direct: +1 (786) 389 9771

Email: [email protected]

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

NamasteTechnologies.com

NamasteMD.com

NamasteVapes.ca

Everyonedoesit.ca

FORWARD-LOOKING INFORMATION This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, Namaste assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com. This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Neither the TSX Venture Exchange nor its market regulator has reviewed or approved the contents of this press release.

SOURCE Namaste Technologies Inc.

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$GGX.ca GGX Gold Successfully Processes Bulk Sample from the Everest Vein – Gold Drop Gold Property, Southern British Columbia $K.ca $GZD

Posted by AGORACOM at 1:08 PM on Thursday, July 5th, 2018

 

https://s3.amazonaws.com/s3.agoracom.com/public/companies/logos/564602/hub/ggx_large.png

  • Successful extraction and processing of a bulk sample from the Everest gold bearing vein at the Gold Drop Gold Property.
  • Sampling was designed to identify the style of mineralization of the Everest vein
  • Gold content of the 18.05 kg sample to be 20.51 grams per tonne gold

 

To view the graphic in its original size, please click here

Vancouver, British Columbia (FSCwire) – GGX Gold Corp. (TSXV: GGX), (OTCQB: GGXXF),(FRA: 3SR2) (the “Company” or “GGX”) is pleased to announce the successful extraction and processing of a bulk sample from the Everest gold bearing vein at the Gold Drop Gold Property. The Everest vein is located in the Gold Drop Southwest Zone.

The sampling was designed to identify the style of mineralization of the Everest vein and determine whether a gold table could be used as a separation tool for concentrating the vein hosted mineralization.

Remember the old saying :

‘ We Drill for Structure …and… We drift for Grade ’

 

To view the graphic in its original size, please click here

The test used random vein material from the Everest vein. The sample was collected from surface vein material in the area of the 2018 drilling program. The material was crushed using jaw-rolls crushers and screened to 20 (0.90 mm) mesh. The material from the Everest vein was run through the crusher twice.

To view the graphic in its original size, please click here

The crushed, screened and weighed material was fed through gold shaker table. The samples were collected from the discharges and shipped to Vancouver ALS Canada laboratory for Gold, Silver and Multi-element analysis. The table, buckets and crushers were cleaned before and between sampling. The results of the test are displayed in the following table.

Everest vein Samples Weight (kg)
Crush 18.05 Au (g/t) Ag (g/t) Te (g/t) Averaged Au (g/t)
11101 0.18 Concentrates 509 5110 >500
11102 0.38 Midlings 74.14 676.2 403
11103 7.94 Tailings 14.35 121 97.8
20.51

The values obtained were used to calculate the gold content of the 18.05 kg sample to be 20.51 grams per tonne gold. Since the entire pail of tailings was not dried and weight, the total tailings weight is assumed to be initial crush minus the concentrates and midlings.

The bulk sample test shows successful concentration of vein minerals using the gold shaker table technique. The gold shaker table requires continuous feed to operate properly and therefore the riffles had to be cleared. During the clean up some minor cross contamination between the midlings and tailings may have occurred. The gold found in tailings may be explained by the finesse of the gold particle size. The gold table technique requires rigorous fine tuning to optimize the separation and capture of minerals. The company is pleased with these initial results.

The company plans to test an iCON gravimetric concentrator and compare the recoveries to the gold shaker table results.

Robert Tilsley, P.Geo., a Qualified Person as defined by NI 43-101, is responsible for the technical information contained in this News Release.

To view the Original News release with pictures please go to the website or contact the company.

 

On Behalf of the Board of Directors,

Barry Brown, Director

604-488-3900

[email protected]

Investor Relations: Mr. Jack Singh, 604-488-3900   [email protected]

“ We don’t have to do this, we get to do this ” 

The Crew

Posted in All Recent Posts | Comments Off on $GGX.ca GGX Gold Successfully Processes Bulk Sample from the Everest Vein – Gold Drop Gold Property, Southern British Columbia $K.ca $GZD

St-Georges $SX $SX.ca $SXOOF Subsidiary #ZeU #Crypto Networks Closes First Tranche of Debenture Offering $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 11:23 AM on Thursday, July 5th, 2018

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  • ZeU Crypto Networks Inc., closed an initial tranche of its 10% unsecured convertible debentures offering for an aggregate principal amounts of $5,063,692,
    • of which $3,708,692 was subscribed in consideration of digital assets
  • Each Convertible Debenture issued pursuant to this first tranche will have a maturity date of July 5, 2020 and be convertible into common shares of ZeU at a price of $1.00

Montreal, Quebec / July 5, 2018 – St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to announce that further to its press releases of January 7 and May 22, 2018 that its subsidiary, ZeU Crypto Networks Inc., closed an initial tranche of its 10% unsecured convertible debentures offering for an aggregate principal amounts of $5,063,692, of which $3,708,692 was subscribed in consideration of digital assets.

Each Convertible Debenture issued pursuant to this first tranche will have a maturity date of July 5, 2020 and be convertible into common shares of ZeU (each a “ZeU Share”) at a price of $1.00 (the “Conversion Price”).

There shall be no interest payable on the Principal Amount if ZeU effects a transaction pursuant to which it will become a “reporting issuer” under applicable Canadian Securities Laws and the ZeU Shares or the common shares of any resulting issuer would be listed and posted for trading on an recognized exchange, which may include, without limitation, an initial public offering, a reverse take-over or a merger with existing a reporting issuer (a “Liquidity Event”) on or before January 31, 2019 (the “Liquidity Event Deadline”). If there is not a Liquidity Event on or before the Liquidity Event Deadline then interest shall be deemed to accrue from and including July 5, 2018.

Upon the occurrence of a Liquidity Event, ZeU will be entitled to require the holders of Convertible Debenture to convert up to 25% of the Principal Amount outstanding, together with any accrued and unpaid interest owing thereon, into ZeU Shares at the Conversion Price.

Related Party Transaction

Mr. Frank Dumas, an officer and director of St-Georges subscribed Convertible Debentures for an aggregate $250,000 principal amount. The participation of Mr. Dumas in the First Tranche constitutes a Related Party Transaction within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The company relied on exemptions contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 from the formal valuation and minority shareholder approval requirements of MI 61-101 for the related party transaction. The company did not file a material change report in respect of the transaction 21 days in advance of the closing of the private placement because insider participation had not been confirmed. The shorter period was necessary in order to permit the Company to close the private placement in a timeframe consistent with usual market practice for transactions of this nature.

ON BEHALF OF THE BOARD OF DIRECTORS

“Frank Dumas”

FRANK DUMAS, PRESIDENT & CEO

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.

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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Posted in All Recent Posts, Bitcoin, Blockchain stocks, Blockstation, Smallcap Blockchain stocks, St Georges Eco-Mining Technologies | Comments Off on St-Georges $SX $SX.ca $SXOOF Subsidiary #ZeU #Crypto Networks Closes First Tranche of Debenture Offering $HIVE.ca $BLOC.ca $CODE.ca

American Creek $AMK.ca Grants Purchase Option for Remainder of #Electrum Project JV to Tudor Gold $TUD.ca $SEA $SA $SKE.ca $PVG $MRO.ca

Posted by AGORACOM-JC at 9:15 AM on Thursday, July 5th, 2018

Hublogolarge2 copy

  • Granted Tudor Gold Corp. an option to buy out the Corporation’s 40% interest in the Electrum Project Joint Venture located near Stewart, BC
  • Tudor paid the Corporation a non-refundable payment of $50,000 upon entering the agreement. If Tudor decides to exercise the option, a further payment of $2,650,000 will be made to the Corporation on or before August 15, 2018

Cardston, Alberta–(July 5, 2018) – American Creek Resources Ltd. (TSXV: AMK) (“the Corporation”) today announced that it has granted Tudor Gold Corp. (“Tudor”) an option to buy out the Corporation’s 40% interest in the Electrum Project Joint Venture located near Stewart, British Columbia.

Tudor paid the Corporation a non-refundable payment of $50,000 upon entering the agreement. If Tudor decides to exercise the option, a further payment of $2,650,000 will be made to the Corporation on or before August 15, 2018.

This transaction is subject to approval by the TSX Venture Exchange.

About American Creek

American Creek holds a strong portfolio of gold and silver properties in British Columbia.

Three of those properties are located in the prolific “Golden Triangle:” the Treaty Creek and Electrum joint venture projects with Tudor Gold (Walter Storm) as well as the 100% owned past producing Dunwell Mine.

The Corporation also holds the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, Red Tusk and Glitter King properties located in other prospective areas of the province.

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

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 Information: This news release contains forward-looking statements regarding the option of the Corporation’s 40% interest in the Electrum Project Joint Venture and the potential exercise thereof by the optionee. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Whether or not the optionee chooses to exercise the option is out of the control of the Corporation. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. Except as required by law, the Corporation does not intend to revise or update these forward-looking statements after the date hereof.

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Posted in All Recent Posts, American Creek Resources Ltd. | Comments Off on American Creek $AMK.ca Grants Purchase Option for Remainder of #Electrum Project JV to Tudor Gold $TUD.ca $SEA $SA $SKE.ca $PVG $MRO.ca

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