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The 3 Biggest Trends That Will Drive #Gold In The Next 30 Years $AMK.ca $EXS.ca $MQR.ca $GR.ca $GGX.ca $HPQ.ca $GZD.ca

Posted by AGORACOM-JC at 11:45 AM on Thursday, June 21st, 2018

Olivier Garret , Contributor Opinions expressed by Forbes Contributors are their own.

  • The World Gold Council recently released an insightful report titled, Gold 2048: The Next 30 Years for Gold.
  • Report looks at overarching demographic, technological, economic, political, and social trends around the world and their implications for the gold market.

The World Gold Council recently released an insightful report titled, Gold 2048: The Next 30 Years for Gold. This report looks at overarching demographic, technological, economic, political, and social trends around the world and their implications for the gold market.

The report has brought together top gold industry experts as well as world-renowned authors and economists who discuss the underlying macro forces that will drive gold in the next 30 years.

This is an eye-opening yet lengthy read that I highly recommend to all investors (find it here). To give you a glimpse of what’s inside the report, this short overview presents the highlights and takeaways from an investment perspective.

Trend #1: The Rise of the Middle Class in Emerging Markets

According to the report, in the next 30 years, demographics will play an increasingly important role in shaping the global economy.

The big story of the next quarter-century will be the rising middle class in emerging markets, particularly in China and India. Recent reports estimated that, over the next 17 years, 170 million Asians will enter the middle class every year.

India, the largest consumer of gold, is set to become the fastest-growing economy in the coming decades. If it manages to pull off its ambitious political and economic reforms, its middle class might soar from 19% to 73% of total population.

“Not only will the Indian middle class become a driving force within the Indian economy, but its aggregate purchasing power will result in the creation of one of the largest markets in the world,” says the report.

China’s middle class, too, is rapidly expanding. But unlike India, the Chinese are facing major demographic headwinds. Key among them is an aging population, which might curb economic growth despite the gains from the expanding middle class.

Takeaway for gold investors:

India and China are the biggest consumers of gold worldwide. As their middle class and aggregate purchasing power grow, gold demand is expected to soar.

Trend #2: A Shift in Gold Demand and Supply Dynamics

Jewelry and investment-grade bullion are not the only drivers of gold demand. Gold has wide industrial applications as well. Practically every piece of electronics has a little gold used as highly conductive and corrosion-resistant material. Unknown to many, gold is even effectively used in medicine.

Here’s a quick rundown of technological trends from the report that will spur industrial gold demand:

  • The adoption of the Internet of Things (IOT) will lead to an explosion of electronics (and gold) used in all consumer durable goods.
  • A shift to hybrid and electric vehicles demand far more high-end electronic components that use gold.
  • Gold compounds show promise in clinical testing and even drugs as a new class of antibiotic.
  • A booming solar panel industry will demand more gold as a core catalyst component.

There are many more gold applications, but industrial applications make up only a small part of aggregate gold demand. Investment demand has a much more profound impact on the gold price.

The experts who contributed to the report predict that the growing popularity of gold-backed ETFs as well as advancements in fintech will be some of the biggest drivers of gold demand in the coming years. The convenience and cost-effectiveness that technology brings will make gold attractive to more investors, including Millennials.

Meanwhile, gold supply is under major constraints due to rising operating costs, scant gold discoveries, and low gold prices.

The report sums up the current situation in gold supply:

We expect new mine supply to decline over the next 30 years, hit by rising costs. Metals Focus estimates that, even today, new gold mines need a price of about US$1,500/oz, and with costs having increased at a compound annual rate of 10% over the past 15 years, additional ESG costs are likely to mean that even higher gold prices will be required in the future.

Takeaway for gold investors:

Due to operating constraints, gold miners will struggle to keep up with the growing gold demand. This, in turn, will put upward pressure on gold prices in the long run.

Trend #3: A Volatile Future

The investment landscape itself will radically change in the next 30 years. A combination of demographic, technological, and macroeconomic trends is creating structural changes in the global economy that will have profound implications for investors.

  • Working-age populations are shrinking in the developed world. Labor scarcity will put a strain on economic growth and equity returns. A rise in wages due to constrained labor supply is likely to mark the end of the low inflation era.
  • The rise of automation and AI—displacing increasingly more workers—will elevate political and social tensions and bring more volatility to the markets. We might also expect Western politics to become more redistributive, which will put a greater financial burden on investors via rising taxes.
  • The impact of demographics will have a profound effect on the dynamics of global powers. The Western world will be increasingly burdened by aging populations, scarce labor, and stagnant economic growth. Conversely, India and China are set to reach their golden demographic spot in the coming decades. Since demographics have a direct effect on economic growth, we are likely to witness an unprecedented shift of economic power from West to East. As a result, geopolitical tensions will rise.
  • The widespread adoption of big data and artificial intelligence in investing will increase automated trading in liquid markets. Automation and fast data dissemination will make investment preferences more correlated, so true diversification will be hard to achieve.

Takeaway for gold investors:

The next 30 years are going to be highly unstable, both politically and financially. As history shows, gold performs best in volatile times—and is the best, time-tested hedge against any crisis.

Source: https://www.forbes.com/sites/oliviergarret/2018/06/20/the-3-biggest-trends-that-will-drive-gold-in-the-next-30-years/#26437bbc29bb

Nvidia $NVDA: #Esports To Catapult Growth $GMBL $KUU.ca $ATVI $TTWO $GAME $EPY.ca $TCEHF $Game.ca $EPY.ca

Posted by AGORACOM-JC at 10:49 AM on Thursday, June 21st, 2018
  • eSports is growing at an exceptional pace.
  • The advent of this gaming segment would boost sales for Nvidia
  • Besides, Nvidia’s GeForce Now would target users who don’t want to spend huge chunks of cash on industry-leading gaming hardware.
  • This is a win-win situation for Nvidia.

Nvidia (NVDA) has grown at an exceptional pace across all of its segments for many quarters now and its shares are up by about 75% over the past year alone. Interestingly, naysayers and some perma-bears have begun proclaiming of late that the chipmaker would enter a phase of consolidation over the course of 2018 but that’s not necessarily a done deal. There is reason to believe that the emergence of a new category within gaming, eSports, will act as a key growth driver for Nvidia in addition to AMD (AMD). Let’s take a closer look.

(Source: Bigstockphoto, Image license purchased by author)

The age of eSports

It seems like eSports is gaining traction at an impressive pace. Gamers would be familiar with the term but for those who are hearing it for the first time, eSports is basically gaming at a professional level and simultaneously streaming the gameplay (via Twitch, YouTube, TV channels etc.) for their audience.

The advent of eSports has no doubt morphed into a full-blown profession for gamers as they are now able to monetize their time, skills and gaming hardware. Additionally, it has also opened up various kinds of revenue streams for those organizing, hosting and powering these events.

Source: https://seekingalpha.com/article/4182933-nvidia-esports-catapult-growth

Online Education #edtech market in #India: From humble beginnings to a $2 billion industry $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 9:57 AM on Thursday, June 21st, 2018

  • On a growth spree, the Indian online education market is presenting a lot of opportunities to ed-tech players in the arena
  • The industry is expected to achieve the growth benchmark of $2 billion by the year 2021, a joint report released last year by Google and KPMG stated
  • Also found that the paid user base for online education services will also grow at least by six times, if not more.

Ed-tech in India has had humble beginnings right from its inception. From the elementary smart classes by Educomp to the current shape and state of the education industry where several ed-tech startups and foreign players are vying for a slice of the education market in India.

On a growth spree, the Indian online education market is presenting a lot of opportunities to ed-tech players in the arena. The industry is expected to achieve the growth benchmark of $2 billion by the year 2021, a joint report released last year by Google and KPMG stated. The report also found that the paid user base for online education services will also grow at least by six times, if not more.

While the report’s findings are quite impressive, the online education sector in India didn’t always possess the same grandeur or even garner the same interest that it does now. Initiated in the 1990s, Smart Class by Educomp launched by Shantanu Prakash was the first venture that brought a large scale change in the education sector.

Educomp Solutions started off with the business of setting up and maintaining computer labs in private schools till 1999. The company’s business grew in 1999, when founder Shantanu Prakash decided to expand the trading operations by including CD-ROMs and educational toys. However, the biggest milestone in the company’s decades-long journey remains the introduction of Educomp SmartClass – a ‘one of its kind’ model that revolutionized the way kids learn things at school.

Since then, the Indian education sector has seen quite some growth in terms of development and innovations. Ed-tech service providers and a few players in the industry are giving a makeover to ed-tech wherein the capital demands and investments have brought India to the forefront in the space.

While still nascent, India is home to thousands of companies providing education technology services to schools as well as individuals, with over 900 managing to come up in the past 2 years alone.

The innate efficacy of the tech-driven setup is still a hot topic for nationwide debates, the ground report says otherwise. Surveys conducted with several participating students have shown that the students aided with online education and smart class were able to achieve a more profound understanding of the subject matter, as compared to the students who stuck to conventional methods of learning.

The investors are surely past the over-stretched debate, with big names like the Chan Zuckerberg Initiative, Tencent Holdings, etc., having opened their coffers to Indian ed-tech honchos BYJU’s and AEON Learning. And that’s not it. The FinTech sector in India has also embraced its educational counterpart, with indigenous digital lending platforms like Zest Money and FinMomenta partnering with players like Upgrad and Edureka.

The use of technology in an already tech-driven world is not the only reason why investors are attracted to the online education sector in India. Another driving factor remains the large and rapidly growing consumer base. There are about 409 million Internet users in India, a country with 46 per cent of its population in the age group of 15-20 years.

Apart from the increasing Internet penetration, the low cost involved in pursuing an online course, as well as the convenience, flexibility and personalization also attribute to the popularity of ed-tech among students. This, in turn, amounts to growing interest from investors.

While some educators perceive online education as a looming threat to the very existence of offline education system, CEO of Embibe.com Aditi Awasthi believes that the ed-tech sector will remain a fringe play in the face of traditional methods of education until it hits at the heart of what matters to the students – outcomes. “There has to be a clear RoI from consuming education through high-tech channels beyond mere convenience. Data science-driven personalization can make that happen,” she says.

Source: http://www.thehansindia.com/posts/index/Education-&-Careers/2018-06-20/Online-Education-market-in-India-From-humble-beginnings-to-a-2-billion-industry/390846

Esports Entertainment Group $GMBL Signs Affiliate Marketing Agreements With Additional 10 #Esports Teams, Bringing Total To 60 Esports Teams $ATVI $TTWO $GAME $EPY.ca $TCEHF $Game.ca $EPY.ca

Posted by AGORACOM-JC at 7:37 AM on Thursday, June 21st, 2018

Esports large

  • Addition of these 10 esports teams brings the total number of esports team affiliates to 60 since the Company’s first announcement on April 5th
  • No other esports wagering site has ever signed an Affiliate Marketing Agreement with any esports team
  • The Company anticipates many more Affiliate Marketing Agreements with esports teams throughout 2018

ST. MARY’S, Antigua, June 21, 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 signing of Affiliate Marketing Agreements with 10 additional esports teams as the Company ramps up affiliate marketing activities in support of its’ recent launch of VIE  (https://vie.gg),  the world’s safest, most secure and transparent esports wagering platform.

The addition of these 10 esports teams brings the total number of esports team affiliates to 60 since the Company’s first announcement on April 5th.  No other esports wagering site has ever signed an Affiliate Marketing Agreement with any esports team.  The Company anticipates many more Affiliate Marketing Agreements with esports teams throughout 2018.

NEWEST ESPORT TEAM AFFILIATES

Sweepr Gaming
Esi Pirmais eSports
Tschokusel E-Sports
Team Mysterious Ducks
Just1Life Gaming
Legion5 eSports
Essential Gaming e.V.
MightyWolves
Team Native
ORTiC

VIE offers bet exchange style wagering on esports events in a licensed, regulated and secured platform to the global esports audience, excluding jurisdictions that prohibit online gambling. VIE features wagering on the following esports games:

  • Counter-Strike: Global Offensive (CSGO)
  • Dota 2
  • Call of Duty
  • Hearthstone
  • StarCraft II

Grant Johnson, CEO of Esports Entertainment Group stated “This is an incredible accomplishment when you consider no other esports wagering site has ever signed affiliate marketing agreements with esports teams.  We expect to sign many more such agreements with esports teams over the summer, with Gamescom 2018 expected to be our biggest week at the end of August. The industry has sent us a loud and clear message – our transparent and trusted P2P esports wagering platform is exactly what the esports world has been waiting for. We are humbled and look forward to helping all of our esports teams and their fans succeed for many years to come.”

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. Initially, Esports Entertainment intends to offer bet exchange style wagering on esports events in a licensed, regulated and secured platform to the global esports audience, excluding the US and EU. 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, excluding the US and EU, in Curacao, Kingdom of the Netherlands and the Kahnawake Gaming Commission in Canada. The Company maintains offices in Antigua and 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 Investor Relations
[email protected]
http://agoracom.com/ir/eSportsEntertainmentGroup

Senate passes #cannabis legalization bill in final vote #Canada $N.ca $NXTTF $TBP.ca $MCOA

Posted by AGORACOM-JC at 10:16 AM on Wednesday, June 20th, 2018
  • Senate has voted to pass Bill C-45, the government’s legislation to legalize cannabis, meaning that recreational marijuana will soon be legal across Canada
  • Some parliamentarians are calling it an “historic” moment in this country, while others are warning of the work left to be done: raising public awareness about the implications of this incoming major social policy change.

Rachel Aiello, Ottawa News Bureau Online Producer

Published Tuesday, June 19, 2018 4:21PM EDT

Last Updated Wednesday, June 20, 2018 9:45AM EDT

OTTAWA — The Senate has voted to pass Bill C-45, the government’s legislation to legalize cannabis, meaning that recreational marijuana will soon be legal across Canada.

Some parliamentarians are calling it an “historic” moment in this country, while others are warning of the work left to be done: raising public awareness about the implications of this incoming major social policy change.

After more than a year of intensive study in both the House and Senate, the bill cleared the final legislative hurdle Tuesday evening, passing by a vote of 52 to 29 with two abstentions from the Independent Senators from Quebec: Sen. Marie-Françoise Mégie and Sen. Rosa Galvez.

Complete coverage on CTVNews.ca

Sen. Claude Carignan, leader of the opposition in the Senate, speaks to reporters in the Senate foyer on Parliament Hill in Ottawa on Tuesday, June 19, 2018. THE CANADIAN PRESS/Justin Tang

The vote was on a motion from Sen. Peter Harder, the Government Representative in the Senate, to accept the government’s position on the Senate’s amendments and pass the bill as is. It was all that was left in a short round of legislative ping-pong spurred by the upper chamber amending the government legislation.

The House of Commons will be notified of the Senate’s decision. After that, all that is left will be Royal Assent to officially pass the bill and for the government to determine when the new law will come into force.

Leader of the Independent Senators Group Sen. Yuen Pau Woo told reporters after the vote that the mammoth study of Bill C-45 was “a bit of a stress test” for the increasingly Independent Senate.

He said now, the work will have to begin on implementing the legislation, and making sure Canadians understand what this new regime means.

“We are now moving where in the legalized industry we have the chance to push out the illicit elements, we have the chance to do research on cannabis, we have the chance to properly educate our young people on the harms of cannabis use, and all of this should be the focus of the whole country now,” Sen. Woo said.

The legislation — an electoral promise of Prime Minister Justin Trudeau and the Liberal Party –allows adults in Canada to legally possess and use small amounts of recreational cannabis. It sets out parameters around the production, possession, safety standards, distribution, and sale of the drug. It also creates new Criminal Code offences for selling marijuana to minors. The proposed federal law spells out that it will be illegal for anyone younger than 18 to buy pot, but allows for provinces and territories to set a higher minimum age.

In a tweet, Justice Minister Jody Wilson-Raybould, who was the bill’s sponsor, and first introduced the legislation in April 2017, said it was “an historic milestone for progressive policy in Canada.”

The federal government is expected to formally respond to the bill’s passage Wednesday morning in the House of Commons foyer.

Last week, the government announced it would be accepting most but not all of the Senate’s more than 40 proposed amendments to Bill C-45. Among the 13 amendments that the federal Liberals rejected were the proposal to allow the provinces and territories to ban home-grown marijuana, and a proposed change to prohibit pot producers from distributing branded merchandise.

Earlier in the evening, an attempt by Conservative Sen. Claude Carignan to insist on an amendment to let provinces ban marijuana home cultivation, failed.

Reacting to his effort to push back on the government’s rejection of the change, Carignan said his attempt was to give the provinces a right he believes they should have, in an effort to circumvent what is now likely: the matter winding up in court.

Senators spent much of Tuesday offering their final thoughts on the legislation, with some expressing disappointment and frustration over MPs not accepting the Senate’s changes, and raising remaining concerns with the legislation as it stands.

Others argued that the upper chamber had done its due diligence and that it was time to concede to the will of the elected House of Commons, and pass the legislation.

In calling the vote, Senate Speaker George Furey had a slip of the tongue and called “all those in flavour” instead of “all those in favour,” sending snickers through the chamber. “It’s getting late,” Sen. Furey said.

Speaking with reporters following the vote, Sen. Harder said he was finally pausing after the manoeuvrings and the procedural wrangling to acknowledge that after a very lengthy debate, Canada is on the cusp of legalization after nearly a century of prohibition.

“It is a step in the right direction and what we now need to do is to insure as we move forward in implementation, that everybody plays their role, that everybody understands the obligations that they have and uses the opportunity of the next number of weeks to inform themselves of what a legal cannabis market means for them, their family, their communities, and the opportunities and risks that it poses,” said Sen. Harder.

So is marijuana legal? No.

The bill still needs to receive Royal Assent, which is expected as soon as tomorrow. That is the final step — essentially the Crown approving the bill. It’s overseen by Canada’s representative, the Governor General.

Once it passes, the government is expected to declare the date that legalization will come into force and be applicable.

On CTV’s Question Period, parliamentary secretary and the federal government’s point-person on pot, Bill Blair said he expects the date to be some time this September.

That window of time between when the bill passes and when it becomes federal law is to allow for the provinces, territories, municipalities, police forces, and other stakeholders to make sure their piece of the pot pie is operating in accordance with the new rules.

Blair said the date they decide on will be informed by discussions with their provincial and territorial counterparts, which have been given the ability to set regulations in their jurisdictions as to how a legalized marijuana regime will operate.

What you need to know:

Many of the decisions around how legalized marijuana is sold and used will be up to the provinces and territories. Here is what you need to know about what will be allowed:

  • The federally mandated public possession limit of 30 grams of dried cannabis has been maintained across the country, with most jurisdictions opting to keep their legal marijuana-smoking ages in line with those for drinking alcohol.
  • Bill C-45 allows individuals to grow up to four marijuana plants per residence, though some provinces, like Manitoba and Quebec, plan to ban home cultivation.
  • Provincial and territorial plans vary widely on whether you’ll be able to smoke in public.
  • Provinces and territories also differ on whether pot shops will be publicly or privately owned. For those opting for publicly owned stores, these will be operated by provincial Crown corporations that sell liquor. In some cases, provinces have even created subsidiaries of these companies with names. Unless otherwise noted, these will be standalone stores wholly separate from those that sell alcohol.
  • While dried cannabis and cannabis oil — both of which will be sold in 2018 — can be used to make edible products at home, the federal government has said that packaged edible products won’t be commercially available.

For a comprehensive rundown of how each province is approaching legalized marijuana, click here.

Outcome of drug-impaired driving bill pending

Bill C-45 was introduced alongside Bill C-46 which specifically deals with impaired driving. The government has hoped throughout the process that the two bills would pass in close succession.

This legislation proposes changes to the impaired driving laws to give police new powers to conduct roadside intoxication tests, including oral fluid drug tests, and would make it illegal to drive within two hours of being over the legal limit.

However, the Senate amended Bill C-46 to remove the provision that allowed police to conduct random roadside alcohol tests. The Senate also sought to legally downgrade impaired driving offences so that they are not classified as “serious criminality” in order to protect foreign nationals and permanent residents from losing their statuses or becoming inadmissible to Canada after such a conviction.

On Monday, the government gave notice of its position on the Senate changes, stating that it “respectfully disagrees” with these two changes. However, in the motion the government indicates it is willing to accept a handful of other Senate amendments to the legislation.

The House has yet to send this message back to the Senate but once that occurs, Bill C-46 is in for a similar final debate and vote, as seen with Bill C-45, where senators will have to decide whether they insist, or accept and pass the bill.

The House of Commons is scheduled to adjourn for the summer on Friday, June 22, but the Senate is set to sit for a week longer. There is always the potential of an early adjournment, or the opportunity to sit longer in exceptional circumstances.

Source: https://www.ctvnews.ca/politics/senate-passes-cannabis-legalization-bill-in-final-vote-1.3980234

Monarques Gold $MQR.ca Estimates Pit-Constrained Resource on its Swanson Gold Project $MUX.ca $SII.ca

Posted by AGORACOM-JC at 8:56 AM on Wednesday, June 20th, 2018

Emerging gold producer in Abitibi (CNW Group/Monarques Gold Corporation)

  • The Swanson maiden mineral resource estimate for a combined pit-constrained and underground scenario is as follows:
    • A pit-constrained Indicated resource of 90,319 ounces and Inferred resource of 941 ounces, and an underground Indicated resource of 7,732 ounces and Inferred resource of 5,975 ounces.
  • The advantageous location of the Swanson deposit, some 100 metres from a railway track, provides easy access to the Beacon mill.
  • The Corporation holds a mining lease on the Swanson property, enabling it to put the deposit into production more rapidly.
  • Monarques Gold continues to increase its combined Measured and Indicated resources to more than 3.1 million ounces of gold (see table 3 at the end of press release).

MONTREAL, June 20, 2018 /CNW/ – MONARQUES GOLD CORPORATION (“Monarques”, “Monarques Gold” or the “Corporation”) (TSX-V:MQR) (OTCMKTS:MRQRF) (FRANKFURT:MR7) is pleased to report the results of a mineral resource estimate for its Swanson gold project, 65 kilometres north from its wholly-owned Beacon mill and 12 kilometres northeast of Barraute, Quebec. The CN railway line crosses the property, some 100 metres north of the Swanson deposit. Monarques acquired a 100% interest in the Swanson and McKenzie Break properties from Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM) (see press release dated December 21, 2017). The resource estimate was prepared by Christine Beausoleil, P.Geo. and Alain Carrier, P.Geo., M.Sc., of InnovExplo Inc., both qualified and independent persons as defined by NI 43-101. The effective date of the estimate is June 15, 2018.

“The great advantage of the Swanson project is that the railway track is directly on the property, which allows easy access to both our mills,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarques. “Much like for the McKenzie Break project, we are very pleased to have a pit-constrained resource for the Swanson project (see figure), as this could also mean additional feed for the Beacon mill.  In addition, Monarques holds a mining lease on the Swanson property, which could allow us to put the deposit into production more quickly. Our new strategy of targeting pit-constrained resources from our McKenzie Break and Swanson properties, together with the reopening of our Beacon Mill at the end of the year, could be a winning solution for all three projects.”

The 2018 maiden mineral resource estimate was prepared using Leapfrog GEO and GEOVIA GEMS software. Leapfrog was used for 3D modelling of the four mineralized zones while GEMS was used for grade estimation and block modelling. Statistical studies were done using Snowden Supervisor and Microsoft Excel software. The estimate was performed using 3D block modelling with the Ordinary Kriging interpolation method.

The diamond drilling database contains the results of 146 surface and 63 underground drill holes provided by Monarques. Basic univariate statistics were performed on datasets of individual raw gold assays for each zone and for the dilution envelope. The capping (30 g/t Au) was applied on raw assays before compositing at 1.5 m.

The estimate is reported for a potential scenario combining pit-constrained and underground resources at a cut-off grade of 0.8 g/t Au (pit constrained) and 2.7 g/t Au (underground). The cut-off grades were calculated using a gold price of USD1,296/oz, a CAD:USD exchange rate of 1.28 and the following parameters: (a) pit-constrained scenario: mining cost CAD4.94/t, processing cost CAD27.00/t, General and administrative CAD4.00/t, pit slope of 50 degrees used during Whittle optimization; (b) underground scenario: mining cost CAD90.00/t, processing cost CAD27.00/t, General and administrative CAD10.00/t.

The Swanson project mineral resource estimate for a potential scenario combining pit-constrained and underground resources at cut-off grades of 0.8 g/t Au (pit-constrained) and 2.7 g/t Au (underground) is summarized in the following table 1, whereas table 2 shows the sensitivity analysis of the Swanson maiden mineral resource estimate for the pit-constrained scenario.

Table 1 – Swanson Maiden Mineral Resource Estimate for a combined pit-constrained and underground scenario at a cut-off grade of 0.8 g/t Au (in pit) and 2.7 g/t Au (underground)

Indicated Resource

Inferred Resource

Zone

Tonnage

Grade
(g/t Au)

Ounces

Tonnage

Grade
(g/t Au)

Ounces

Pit-constrained  

1,568,000

1.79

90,319

12,000

2.44

941

Underground  

75,000

3.21

7,732

60,000

3.10

5,975

Total

1,643,000

1.86

98,051

72,000

2.99

6,917

 

Notes to the mineral resource table:

•

These mineral resources are not mineral reserves, as they do not have demonstrated economic viability.

•

The 2014 CIM definitions and guidelines for mineral resources have been followed.

•

Results are presented in situ and undiluted and considered to have reasonable prospects for economic extraction.

•

The estimation encompasses four zones with a minimum true thickness of 2.5 m using the grade of the adjacent material when assayed, or a value of zero when not assayed.

•

A high-grade capping of 30 g/t Au (4 g/t Au for the dilution envelope) was applied to assay grades prior to compositing grade for interpolation using an Ordinary Kriging interpolation method, based on 1.5 m composite for block size of 3 m x 3 m x 3 m.

•

Bulk density values were applied on the following lithological basis (g/cm3): I2 = 2.78; I4O, V3, V4 = 2.90, and OVB = 1.5.

•

The number of metric tons was rounded to the nearest thousand and the metal contents are presented in troy ounces (tonne x grade / 31.10348).

•

InnovExplo is not aware of any known environmental, permitting, legal, title-related, taxation, socio-political or marketing issues, or any other relevant issue not reported in this Technical Report that could materially affect the mineral resource estimate.

 

Table 2 – Sensitivity analysis of the Swanson Maiden Mineral Resource Estimate for the pit-constrained scenario

Indicated Resource

Inferred Resource

Cut off

Au (g/t)

Tonnes

Ounces

Cut off

Au (g/t)

Tonnes

Ounces

0.6

1.65

1,798,000

95,499

0.6

2.22

14,000

997

0.7

1.72

1,685,000

93,157

0.7

2.28

13,000

952

0.8

1.79

1,568,000

90,319

0.8

2.44

12,000

941

0.9

1.87

1,453,000

87,173

0.9

2.56

11,000

907

1

1.94

1,338,000

83,651

1

2.66

10,000

856

 

The NI 43-101 technical report will be delivered and filed on SEDAR within the next 45 days.

The technical and scientific content of this press release has been reviewed and approved by Marc-André Lavergne, Eng., the Corporation’s qualified person and by Christine Beausoleil, P.Geo. and Alain Carrier, P.Geo., M.Sc. of InnovExplo Inc., all of whom are qualified persons as defined by NI 43-101.

ABOUT MONARQUES GOLD CORPORATION

Monarques Gold Corporation (TSX.V:MQR) is an emerging gold producer focused on pursuing growth through its large portfolio of high-quality projects in the Abitibi mining camp in Quebec, Canada. The Corporation currently owns close to 300 km² of gold properties (see map), including the Beaufor Mine, the Croinor Gold (see video), Wasamac, McKenzie Break and Swanson advanced projects, and the Camflo and Beacon mills, as well as six promising exploration projects. It also offers custom milling services out of its 1,600 tonne-per-day Camflo mill. Monarques enjoys a strong financial position and has more than 150 skilled employees who oversee its operating, development and exploration activities.

Forward-Looking Statements

The forward-looking statements in this press release involve known and unknown risks, uncertainties and other factors that may cause Monarques’ actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Neither 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 press release.

Table 3 – Monarques Gold Measured and Indicated Resources

Tonnes
(metric)

Grade
(g/t Au)

Ounces

Wasamac property1

Measured Resources

3.99 million

2.52

323,300

Indicated Resources

25.87 million

2.72

2,264,500

Total Measured & Indicated Resources

29.86 million

2.70

2,587,900

Beaufor Mine2

Measured Resources

74,400

6.71

16,100

Indicated Resources

271,700

7.93

69,300

Total Measured & Indicated Resources

346,200

7.67

85,400

Croinor Gold Mine3

Measured Resources

80,100

8.44

21,700

Indicated Resources

724,500

9.20

214,300

Total Measured & Indicated Resources

804,600

9.12

236,000

Swanson property4

Indicated Resources

1,643,000

1.86

98,051

McKenzie Break property5

Pit Constrained

Indicated Resources

939,860

1.59

48,133

Underground

Indicated Resources

281,739

5.90

53,448

Simkar Gold property6

Measured Resources

33,570

4.71

5,079

Indicated Resources

208,470

5.66

37,905

Total Measured & Indicated Resources

242,040

5.52

42,984

TOTAL

Measured & Indicated Resources

3,151,916

1 Source: Technical Report on the Wasamac Project, Rouyn-Noranda, Québec, Canada, Tudorel Ciuculescu, M.Sc.,

P.Geo., October 25, 2017, Roscoe Postle Associates Inc.

2 Source: NI-43-101 Technical Report on the Mineral Resource and Mineral Reserve Estimates of the Beaufor Mine

as at September 30, 2017, Val-d’Or, Québec, Canada, Carl Pelletier, P. Geo. and Laurent Roy, Eng.

3  Source: Monarques prefeasibility study (January 19, 2018) and resource estimate (January 8, 2016)

4 Source: NI 43‐101 Technical Report on the Swanson Project, June 15, 2018, Christine Beausoleil, P.Geo. and

Alain Carrier, P.Geo., M.Sc. of InnovExplo Inc.

5 Source: NI 43‐101 Technical Report on the McKenzie Break Project, April 17, 2018, Alain-Jean Beauregard,

P.Geo., and Daniel Gaudreault, Eng., of Geologica Groupe-Conseil Inc., and Christian D’Amours, P.Geo., of
GeoPointCom Inc.

6 Source: MRB et Associés (January 2015)

 

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/monarques-gold-estimates-pit-constrained-resource-on-its-swanson-gold-project-300669001.html

SOURCE Monarques Gold Corporation

View original content with multimedia: http://www.newswire.ca/en/releases/archive/June2018/20/c8059.html

Jean-Marc Lacoste, President and Chief Executive Officer, 1-888-994-4465, [email protected], www.monarquesgold.com; Elisabeth Tremblay, Senior Geologist – Communications Specialist, 1-888-994-4465, [email protected], www.monarquesgold.comCopyright CNW Group 2018

Female Video Gamers Splashing the Cash Online $KUU.ca $GMBL #Esports #Egaming Egambling

Posted by AGORACOM-JC at 11:55 AM on Tuesday, June 19th, 2018
  • Number of female gamers active in the Chinese market grew 6 percent year-on-year to hit 264 million in 2017
  • Accounting for 45 percent of the total number in the country, according to a report by industry database Gamma Data Corp.

More and more female gamers in China are splashing their cash online, increasingly becoming a key driving force behind the world’s largest gaming market, according to a recent report.

The number of female gamers active in the Chinese market grew 6 percent year-on-year to hit 264 million in 2017, accounting for 45 percent of the total number in the country, according to a report by industry database Gamma Data Corp. The company predicted that number will grow steadily in the coming months, reaching 281 million this year.

The report said female gamers’ passion is set to create a market worth 56.84 billion yuan ($8.85 billion) by 2020, buoyed by mobile internet expansion, booming social media usage and major online game companies’ shift toward creating more games targeted at women.

The market is expected to reach to 49.93 billion yuan this year, compared with 43 billion yuan in 2017, the report said.

Kern Zhang, senior customer manager at mobile analytics firm App Annie in China, said the mobile internet boom has made it easier for producers to target female players’ needs and tastes.

“Unlike console-based games that usually require a long period of participation, mobile games are notably appealing to women as they are light, fun and particularly highlight their emotional demands,” Zhang said. “And the detailed game graphics activate players’ natural desire to share, especially their sharing of opinions on social networking sites.”

Gamma Data’s report said China’s mobile female gamers market was worth 26 billion yuan last year, contributing more than half of total sales revenue.

“It will still take some time to grow the market, and other similar mobile games can be expected to pop up in the near future,” Zhang said.

Seeing the new trend, a growing number of developers are already introducing games targeting women, and many have been reaping the benefits.

Love and the Producer, a mobile dating game developed by Paper Studio, based in Suzhou, Jiangsu province, has attracted a huge following among Chinese females in recent months. Given the role of female TV producers, the game allows users to date virtual boyfriends — four male protagonists with different professions and personalities.

Gamma Data reported that since its release last December to February this year, the game recorded more than 9.5 million downloads on Apple Inc’s iOS App Store and the Android app store in China.

Source: https://sputniknews.com/asia/201806071065172706-china-video-games-female-cash/

How Big Will the Battery Boom Get? Try $548 Billion, BNEF Says #Lithium $NAM.ca

Posted by AGORACOM-JC at 11:34 AM on Tuesday, June 19th, 2018
  • Batteries will attract $548 billion in investments by 2050 as costs fall and homes and businesses push to use more clean energy
  • One of the conclusions of the New Energy Outlook released Tuesday by analysts at Bloomberg New Energy Finance
  • Batteries will become increasingly viable on the grid as demand for electric cars spurs manufacturing of lithium-ion systems, driving down prices
(Bloomberg) — Batteries will attract $548 billion in investments by 2050 as costs fall and homes and businesses push to use more clean energy.

That’s one of the conclusions of the New Energy Outlook released Tuesday by analysts at Bloomberg New Energy Finance. Batteries will become increasingly viable on the grid as demand for electric cars spurs manufacturing of lithium-ion systems, driving down prices.

Batteries will allow more solar and wind to meet demand — even when the sun isn’t shining or wind isn’t blowing, helping end the era of fossil fuel dominance on the grid by mid-century, BNEF said. Battery prices are expected to fall to $70 a kilowatt-hour by 2030, down 67 percent from today, according to the report. BNEF expects 1,288 gigawatts of new batteries to be commissioned by 2050.

“It’s a matter of ‘when and how’ and not ‘if’ wind, solar and battery technologies will disrupt electricity delivery all over the world,” Seb Henbest, lead author the report, said in an interview.

©2018 Bloomberg L.P.

Source: https://www.bloombergquint.com/business/2018/06/19/how-big-will-the-battery-boom-get-try-548-billion-bnef-says

5 Industries Likely to Be Disrupted by #Blockchain $SX $SX.ca $SXOOF $IDK.ca #Blockstation

Posted by AGORACOM-JC at 10:49 AM on Tuesday, June 19th, 2018
  • Bitcoin, has the unique ability to change the world
  • Blockchain is an open, distributed database of transactions
  • think of it as an unhackable digital accounting book – and it has endless possibilities for making everything we do more secure, efficient and quick

Cynthia Johnson

Guest Writer
Co-founder and CEO of Bell + Ivy, marketer, speaker and author

In 2018, everyone seems to have a Bitcoin story. Remember that guy you read about who became a millionaire overnight? But the Bitcoin story is much more significant than this. Blockchain, the technology underlying and enabling Bitcoin, has the unique ability to change the world. Blockchain is an open, distributed database of transactions — think of it as an unhackable digital accounting book – and it has endless possibilities for making everything we do more secure, efficient and quick.

1. Energy grids.

What if you could replace America’s ancient, crumbling energy grids with automatically executing, efficient, green and affordable energy systems that could withstand the ravages of hurricanes and other climate change-triggered extreme weather events? Blockchain offers a path to that future. Already, in Brooklyn and in neighborhoods around the country, innovators are experimenting with blockchain-enabled smart grids that allow anyone with a solar panel to buy and sell energy, executed using automated “smart contracts” based on data gathered through smart meters installed in homes. All transactions all verified and secured by blockchain, and no middleman utility company is needed — cutting prices and increasing efficiency.

2. Real estate.

Anyone who’s ever purchased a home knows how many steps — and how much of a headache — that process entails. But blockchain offers the potential for doing the whole thing online, securely, and all at once. Sellers could securely transfer over the title and deed, while buyers would send money via cryptocurrency. Blockchain would also provide a way to send property records to the appropriate government agencies. I asked Rawad Rifai, cofounder of Taurus0x, exactly how blockchain applications impact real estate, and he responded, “Blockchain’s applications in real estate speak to the heart of the technology, its unparalleled and revolutionary potential to conduct instantaneous and completely secure transactions,” said Rifai. “There’s no reason this could not be expanded to retail, entertainment, tourism or any of our day-to-day transactions.”

Related: How Blockchain Will Help Small Businesses Challenge Even the Largest Rivals

3. Healthcare.

Blockchain could create a future in which all our health data — doctor visit records, prescriptions, emergency room visits, shots, X-rays and insurance data — is secured and can be easily shared from doctor to doctor. Nearly everyone changes doctors throughout their lifetime. Imagine having a seamless network of secured records that would ensure that your information travels with you, from birth to end of life.

This system could also save your life. Emergency room doctors could be authorized to access your information about allergies, blood type, and even genetic information, to make informed decisions about your care if you were incapacitated and unable to communicate. This system could also be revolutionary in improving health outcomes in developing countries that do not currently have a centralized or digitized health record database. Earlier this year, five healthcare groups started a pilot program surrounding blockchain and its uses in healthcare.

4. Transportation.

Blockchain could create the potential for the Internet of Things–enabled smart cities. Street signs, traffic lights, cars and other moving and static objects would be embedded with sensors, which would collect and send data to a system that would reroute buses, trams, emergency vehicles and other municipal vehicles to find the quickest routes and avoid traffic. The end result? Less congestion, faster commutes and lower carbon emissions. Blockchain-secured sensor data could also help drivers find open parking spots or charging terminals, pay traffic tickets, and report car crashes or maintenance issues.

Related: 12 Startups Utilizing Blockchain Technology in New Ways

5. Education.

As demand for MOOCs and distance education grows, we need a better system to verify graduates’ educational records. Blockchain could essentially act as a notary, ensuring that people can’t forge diplomas and fool prospective employers. Transcripts, diplomas and certificates could all be secured and stored by blockchain and could be easily sent out to employers and other academic institutions. This would help boost the credentials and reputation of nontraditional educational organizations, and help employers ensure they are hiring the right person for the job.

Many industries will feel the positive impact of blockchain. Some will move faster than others, but many industries will eventually need blockchain. The future is wide open, and the opportunities are endless. The most difficult part about blockchain won’t be growth; it will be human adaptation and the ability to hire great tech talent for these new companies.

Source: https://www.entrepreneur.com/article/314548

$APPB Applied BioSciences Launches Patented New Product CanaGel(TM) $CBDS $CGRW $APH.ca $GBLX

Posted by AGORACOM at 9:45 AM on Tuesday, June 19th, 2018

 

https://s3.amazonaws.com/s3.agoracom.com/public/companies/logos/564626/hub/APPB_logo.png

  • Entered into a marketing and distribution agreement with CanaGel™ to launch their first patent-protected product, Hemp Oil Gel Melts
  • Independent lab tests show that after 2.5 minutes of contact, 80% of Phytocannabinoids were absorbed in vitro, and after just 5 minutes, virtually 100% of the nutrient-rich Phytocannabinoids were absorbed in vitro.
  • All CanaGel™ products are non-GMO, vegan, paleo, gluten-free, and sugar-free

 

LOS ANGELES, CA / ACCESSWIRE / June 19, 2018 / Applied BioSciences Corp. (OTCQB: APPB) (the “Company”), a diversified cannabinoid therapeutics company focused on the medical, bioceutical and pet health industries, today announced that the Company has entered into a marketing and distribution agreement with CanaGel™ to launch their first patent-protected product, Hemp Oil Gel Melts.

The Company continues to increase sales of hemp-derived products through its wholly owned divisions, Remedi and TherPet, and is now pleased to report that it will be adding the patented CanaGel™ Hemp Oil Gel Melts to its comprehensive suite of product offerings.

“Since all CanaGel™ products are non-GMO, vegan, paleo, gluten-free, and sugar-free, we knew that consumers would be interested in an exciting new alternative to the existing oils, capsules, edibles and chewables on the market,” commented Chris Bridges, President of Applied BioSciences Corp.

Independent lab tests show that after 2.5 minutes of contact, 80% of Phytocannabinoids were absorbed in vitro, and after just 5 minutes, virtually 100% of the nutrient-rich Phytocannabinoids were absorbed in vitro.

Per the agreement, the Company will leverage its North American and European marketing and distribution channels to assist CanaGel™ in launching its first doctor-developed product.

“We are excited to be selected by CanaGel™ as its first marketing and distribution partner,” commented JJ Southard, Vice President of Products at Applied BioSciences. “By leveraging our strength in the hemp-derived products space, we expect to make waves with what lab tests show to be one of the highest bioavailable phytocannabinoid supplements on the market.”

About CanaGel™

Developed by an internationally renowned doctor and oral surgeon, CanaGel™ was designed to be simple, convenient and effective. CanaGel™is the first ever patented gel melts with Full-spectrum Phytocannabinoid Rich Hemp oil. The innovative, patented technology used in CanaGel™ is an easy way to get your daily hemp oil that is also Organic, Gluten and Sugar Free. Learn more at https://canagel.com/.

About Applied BioSciences Corp.

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

All of Applied BioSciences’ products are formulated with organic 99%+ pure cannabidiol along with our proprietary blend of certified organic botanicals, herbals and essential oils to further optimize bioavailability.

The company has several strategic partnerships and investments currently in place and is actively pursuing additional partnerships and strategic growth opportunities.

Contact

Email: [email protected] or [email protected]
To be added to the Applied BioSciences email distribution list, please email [email protected] with
APPB in the subject line.
Official Website: www.appliedbiocorp.com

Brands:

www.remedishop.com
www.therpet.com

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Facebook @remedicbd & @therpetcbd
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