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New Age Metals $NAM.ca /Azincourt Energy Acquire 100% of the CATLAKE #Lithium Project, the 8th Lithium Project in Southeast Manitoba/2018 Field Program Initiate $LIC.ca $LIX.ca

Posted by AGORACOM-JC at 9:52 AM on Wednesday, June 6th, 2018

New age large

  1. Lithium Canada Development is the 100% owned subsidiary of New Age Metals (NAM) who presently has an agreement with Azincourt Energy Corporation (AAZ) whereby AAZ will now commit an additional $250,000 in exploration expenditures and issue NAM an additional 250,000 shares of AAZ. This increases AAZ’s initial 50% exploration expenditure earn in for AAZ from $2.6 million to $2.850 million. This acquisition will also increase the shares to be issued to NAM from 1.5 million to 1.75 million, and adds an additional 2% royalty for NAM, for a total of eight royalties on the Lithium Projects in this pegmatite field. For additional information on the NAM/AAZ option/joint-venture and recent acquisitions, see the news releases dated Jan 15, 2018, May 2, 2018, May 10, 2018.
  2. The recent project acquisition has strengthened New Age Metal/Azincourt Joint Venture position as the largest claim holder in the Winnipeg River Pegmatite Field as they are now in possession of an approximate total of 14,100 hectares (34,800 acres). These Manitoba projects that have excellent infrastructure are located in a mining friendly jurisdiction. The Joint Venture now has eight projects in this large lithium-bearing pegmatite field.
  3. Preliminary field work and additional ground proofing is currently in progress on the Lithium Two Project. The objective of this work is to finalize a drill plan and initiate a drill program, which is slated for Q3/Q4 2018. Management of both companies plan to update their shareholders and interested parties with a complete exploration plans for all eight projects before the end of June and as the summer/fall progresses. The minimum exploration budget for 2018 is $600,000.
  4. Lithium has an ever increasing demand for batteries in electric cars cellphones, laptops, solar storage, wireless charging and renewable energy products.
  5. NAM’s Platinum Group Metals (PGM) Division, more specifically our River Valley PGM project in Sudbury, Ontario, is the largest undeveloped primary platinum group metal project in North America, and management is advancing the project towards its first economic study, more specifically, a Preliminary Economic Assessment (PEA). See news releases dated May 8, 2018 and May 23, 2018.

June 6th, 2018 / Rockport, Canada – New Age Metals Inc. (TSX.V: NAM; OTCQB: NMTLF; FSE: P7J.F) is pleased to announce that its wholly owned subsidiary, Lithium Canada Developments (LCD), has acquired a 100% interest in the CATLAKE Lithium Project, by way of staking, in southeast Manitoba. The project has good infrastructure and is located in a region known for mining in the province.

The new CATLAKE Project consists of 9 claims for a total of an approximately 2000 hectares (4950acres) (Figure 1). It is located approximately 24 kilometers directly north of the Tanco Pegmatite. The world-class Tanco Pegmatite has been mined for Tantalum, Cesium and Spodumene (one of the primary Lithium ore minerals) in varying capacities, since 1969 at the Tanco Mine.


Click Image To View Full Size

Figure 1: CATLAKE Lithium Project Claim Outline

CATLAKE Lithium Project

The CATLAKE Lithium Project is located directly north of the Lithium Two Project. The Lithium Two Project contains several lithium bearing pegmatites with a historic non 43-101 compliant 1947 drilled resource on the Eagle Pegmatite of 545,000 tonnes of 1.4% Li2O to a depth of only 60 meters. Historical reports have suggested that the Eagle Pegmatite is open to depth and along strike. Preliminary field work and additional ground proofing is currently in progress on the Lithium Two Project. The objective of this work is to finalize a drill plan and initiate a drill program, which is slated for Q3/Q4 2018. Management of both companies plan to update their shareholders and interested parties with a complete exploration plans for all eight projects before the end of June and as the summer/fall progresses. The minimum exploration budget for 2018 is $600,000.

The new claims were staked to add to the company’s expanding lithium exploration portfolio and to have a larger presence in the CATLAKE area which has seen an increase in recent exploration activity. Companies such as Quantum Minerals, Mustang Minerals and Equitorial Exploration are also active in this promising new lithium and rare metals region. The new claims are situated north of Quantum Minerals recent claim acquisition. They are staked over portions of the greenstone belt at CATLAKE and along the trend that hosts the Irgon Pegmatite (Quantum Minerals), both which hosts lithium-bearing pegmatites. .

The pegmatites in this region of southeast Manitoba are described as being a part of the Winnipeg River Pegmatite Field. Several large lithium-bearing pegmatites exist in this historic area and exploration activity in the region is increasing. This pegmatite field is host to the world-class Tanco Pegmatite, which is a highly fractionated Lithium-Cesium-Tantalum (LCT Type) pegmatite and has been mined in varying capacities since 1969. The LCT-type pegmatites can contain large amounts of Spodumene (one of the primary ores used in hard rock lithium extraction) and are a primary geological target in hard rock lithium exploration. They also can contain economic qualities of tantalum and cesium as well as other lithium bearing minerals such as mica.

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ABOUT NAM’S PGM DIVISION

NAM’s flagship project is its 100% owned River Valley PGM Project (NAM Website – River Valley Project) in the Sudbury Mining District of Northern Ontario (100 km east of Sudbury, Ontario). Presently the River Valley Project is North America’s largest undeveloped primary PGM deposit with Measured + Indicated resources of 160 million tones @ 0.44 g/t Palladium, 0.17 g/t Platinum, 0.03 g/t Gold, with a total metal grade of 0.64 g/t at a cut-off grade of 0.4 g/t equating to 3,297,173 ounces PGM plus Gold and 4,626,250 PdEq Ounces (Table 1). This equates to 4,626,250 PdEq ounces M+I and 2,713,933 PdEq ounces in inferred (see May 8th, 2018 press release). Having completed a 2018 NI-43-101 resource update the company is finalizing its 2018 exploration programs which will include geophysics, and extensive drill programs, which are all working towards the completion of a Preliminary Economic Assessment (PEA). Our objective is to develop a series of open pits (bulk mining) over the 16 kilometers of mineralization, concentrate on site, and ship the concentrates to the long-established Sudbury Metallurgical Complex. On May 23rd, 2018, NAM’s board approved a Preliminary Economic Assessment (PEA) on River Valley Platinum Group Metals Project’s. This will be the first economic study on the project. Alaska: April 4th, 2018, NAM signed an agreement with one of Alaska’s top geological consulting companies. The companies stated objective is to acquire additional PGM and Rare Metal projects in Alaska. On April 18th, 2018, NAM announced the right to purchase 100% of the Genesis PGM Project, NAM’s first Alaskan PGM acquisition related to the April 4th agreement. The Genesis PGM Project is a road accessible, under explored, highly prospective, multi-prospect drill ready Pd-Pt-Ni-Cu property.

The results of the new resource estimation are tabulated in Table 1 below (0.4 PdEq cut-off).

Class Tonnes

‘,000

 Pd (g/t) Pt (g/t) Rh (g/t) Au (g/t) Cu (%) Ni (%) Co (%) PdEq (g/t)
Total Measured 62,877.5 0.49 0.19 0.02 0.03 0.05 0.01 0.002 0.99
Total Indicated 97,855.2 0.40 0.16 0.02 0.03 0.05 0.01 0.002 0.83
Total Meas +Ind 160,732.7 0.44 0.17 0.02 0.03 0.05 0.01 0.002 0.90
Inferred 127,662.0 0.27 0.12 0.01 0.02 0.05 0.02 0.002 0.66
Class PGM + Au (oz) PdEq (oz) PtEq (oz) AuEq (oz)
Total Measured 1,440,248 1,999,575 1,999,575 1,136,930
Total Indicated 1,856,925 2,626,675 2,626,675 1,463,793
Total Meas +Ind 3,297,173 4,626,250 4,626,250 2,600,724
Inferred 1,578,367 2,713,933 2,713,933 1,323,809

Notes:

1. CIM definition standards were followed for the resource estimation.

2. The 2018 resource models used Ordinary Krig grade estimation within a three-dimensional block model with mineralized zones defined by wireframed solids.

3. A base cut-off grade of 0.4 % g/t PdEq was used for reporting resources.

4. Palladium Equivalent (PdEq) calculated using (US$): $1,000/oz Pd, $1,000/oz Pt, $1,350/oz Au, $1750/oz Rh, $3.20/lb Cu, $5.50/lb Ni, $36/lb Co.

5. Numbers may not add exactly due to rounding.

6. Mineral Resources that are not mineral reserves do not have economic viability

7. The quantity and grade of reported inferred resources in this estimation are uncertain in nature and there has been insufficient exploration to define these inferred resources as an indicated or measured mineral resource and it is uncertain if further exploration will result in upgrading them to an indicated or measured mineral resource category.

ABOUT NAM’S LITHIUM DIVISION

The Company has seven pegmatite hosted Lithium Projects in the Winnipeg River Pegmatite Field, located in SE Manitoba, with focus on Lithium bearing pegmatites. Three of the projects are drill ready. This Pegmatite Field hosts the world class Tanco Pegmatite that has been mined for Tantalum, Cesium and Spodumene (one of the primary Lithium ore minerals) in varying capacities, since 1969. NAM’s Lithium Projects are strategically situated in this prolific Pegmatite Field. Presently, NAM is the largest mineral claim holders for Lithium in the Winnipeg River Pegmatite Field. Lithium Canada Development is the 100% owned subsidiary of New Age Metals (NAM) who presently has an agreement with Azincourt Energy Corporation (AAZ) whereby AAZ will now commit an additional $250,000 in exploration expenditures and issue NAM an additional 250,000 shares of AAZ. This increases AAZ’s initial 50% exploration expenditure earn in for AAZ from $2.6 million to $2.850 million. This acquisition will also increase the shares to be issued to NAM from 1.5 million to 1.75 million, and adds an additional 2% royalty for NAM, for a total of eight royalties on the Lithium Projects in this pegmatite field. For additional information on the NAM/AAZ option/joint-venture and recent acquisitions, see the news releases dated Jan 15, 2018, May 2, 2018, May 10, 2018.

QUALIFIED PERSON

The contents contained herein that relate to Exploration Results or Mineral Resources is based on information compiled, reviewed or prepared by Carey Galeschuk, a consulting geoscientist for New Age Metals. Mr. Galeschuk is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content of this news release.

On behalf of the Board of Directors

“Harry Barr”

Harry G. Barr

Chairman and CEO

ADDITIONAL INFORMATION

Should you have additional inquiries, please contact Paul Poggione, Corporate Development, Tel: 1-613-659-2773, email: [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) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.

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Posted in All Recent Posts, New Age Metals, Small Cap Lithium Stocks | Comments Off on New Age Metals $NAM.ca /Azincourt Energy Acquire 100% of the CATLAKE #Lithium Project, the 8th Lithium Project in Southeast Manitoba/2018 Field Program Initiate $LIC.ca $LIX.ca

Namaste $N.ca $NXTTF enters into distribution agreement with Lowell Herb Co California’s fastest growing #cannabis brand to penetrate the Canadian recreational market $ACB.ca $HIP.ca $WEED.ca $CMED.ca

Posted by AGORACOM-JC at 9:44 AM on Wednesday, June 6th, 2018

Namaste Technologies (CNW Group/Namaste Technologies Inc.)

  • Company has signed a supply and distribution agreement with Lowell Herb Co.
  • To launch Lowell Smokes brand of ultra-premium cannabis products for the Canadian recreational and medical cannabis markets
  • Agreement represents a strategic partnership between Namaste and Lowell Smokes to leverage Namaste’s resources and Lowell’s international brand appeal

VANCOUVER, June 6, 2018 – Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N)(FRA: M5BQ)(OTCMKTS: NXTTF) is pleased to announce that the Company has signed a supply and distribution agreement (the “Agreement”) with Lowell Herb Co. (“Lowell Smokes” or “lowellsmokes.com”) to launch Lowell Smokes brand of ultra-premium cannabis products for the Canadian recreational and medical cannabis markets. In anticipation of Canada’s roll-out of legal recreational cannabis, the Agreement represents a strategic partnership between Namaste and Lowell Smokes to leverage Namaste’s resources and Lowell’s international brand appeal. Namaste will work with Lowell Smoke’s procurement team to source the highest quality cannabis grown with organic methods and facilitate packaging and distribution through the Company’s wholly-owned subsidiary, Cannmart Inc. (“Cannmart”). Namaste anticipates a strong demand for organic cannabis products as the general consumer market becomes more conscious of the products they consume.

California is considered by many to be the most competitive cannabis brand market in the world. Lowell Smokes has established itself as one of the strongest brand names in California and within the entertainment industry and its ties to Hollywood have played a key role in supporting the brand and making it ideally suited for international expansion. In a recent BDS Analytics report, Lowell Smokes ranked as the #1 pre-roll brand in California amongst over 50 other brands listed, with an impressive 12% market share. Lowell Smokes is in over 250 top dispensaries across the entire state of California. With celebrities like N.O.R.E, Snoop Dogg, Jimmy Kimmel, Sarah Silverman, Bella Thorne, Bria Vinaite, Sasha Lane and dozens of others talking about the brand and posting content on social media, this Agreement will bring great value to Namaste and its shareholders.

With the impending roll-out of recreational cannabis in Canada, the Company believes that over time, the commoditization of Cannabis will require companies to become more innovative in branding and marketing to differentiate themselves. Namaste will continue to pursue strategic partnerships where the Company can leverage their e-commerce and technology platform to provide value to brands like Lowell Smokes.

Terms of the Agreement

  • Namaste will secure supply of high-quality cannabis and produce Lowell Smoke’s branded products on-site at Cannmart.
  • Lowell Smokes will provide packaging and branding guidelines, in compliance with Health Canada regulations.
  • Lowell Smokes will pay a monthly rental fee that will include storage and overhead costs to Cannmart.
  • Lowell Smokes will pay Namaste a 5% royalty fee for all wholesale orders sold through Cannmart.
  • Lowell Smokes will provide Namaste with wholesale prices for non-cannabis products that will be sold through Namaste’s e-commerce platform.

MANAGEMENT COMMENTARY

David Elias, President and CEO of Lowell Herb Co comments; “We are thrilled to announce our partnership with Namaste. Lowell Herb co is the fastest growing cannabis brand in California, and we believe that there is a massive opportunity for our brand internationally.  Working with Namaste, we are confident that they are the perfect partner to help us enter the Canadian market.  They have a unique offering, and they are solid operators with deep domain expertise in eCommerce.”

Sean Dollinger, President and CEO of Namaste Technologies comments; “We believe the strength of the Lowell Smokes brand makes it a perfect brand to be distributed globally. We have seen the sales data in California, the largest and most competitive market in the US, and it’s clear that customers love and adore the Lowell brand. We feel confident that the market for organic cannabis products will play an important role for Canadian consumers and that the timing is perfect for Namaste to not only help the team at Lowell take advantage of the opportunity in Canada but also to help them explore the international marketplace.

When we created the platform, our primary focus was on enhancing the customer experience and we built it with brands like Lowell Smokes in mind. We have been long-time fans of the Lowell Smokes brand and we are excited for them to be our first American brand on the platform, as we look to bring our customers the very best products the cannabis market has to offer. We believe expanding our offering will broaden our customer base and help set us apart from our competitors.”

About Lowell Herb Co.

The Lowell Herb Co is the fastest growing, most talked about cannabis brand in California and its signature product, Lowell Smokes, a pack of pre-rolls, is currently the number one selling cannabis product in California, available in over 250 dispensaries and for delivery statewide through their partnership with Eaze.  Lowell cultivates, and sources flowers grown with only organic fertilizer, never using synthetic pesticides. Vanity Fair recently described Lowell as “The California family of farms that grows organic cannabis for green-minded consumers who value premium goods and sophisticated design.”  Lowell has been featured in major media outlets including Cosmopolitan, High Times, NPR, Time Out LA, CBS News, Huffington Post, and many others.

For more information on Lowell Herb Co please visit

http://www.lowellsmokes.com/

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.

For more information on Namaste Technologies please visit

NamasteTechnologies.com

On behalf of the Board of Directors

“Sean Dollinger”

Chief Executive Officer

Direct: +1 (786) 389 9771

Email: [email protected]

Investor Relations: [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.

Lowell Herb Co (CNW Group/Namaste Technologies Inc.)

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/namaste-enters-into-distribution-agreement-with-lowell-herb-co-californias-fastest-growing-cannabis-brand-to-penetrate-the-canadian-recreational-market-300660669.html

SOURCE Namaste Technologies Inc.

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Posted in All Recent Posts, Featured, Namaste Technologies Inc. | Comments Off on Namaste $N.ca $NXTTF enters into distribution agreement with Lowell Herb Co California’s fastest growing #cannabis brand to penetrate the Canadian recreational market $ACB.ca $HIP.ca $WEED.ca $CMED.ca

How #Blockchain Technology Can Save The IRS $SX.ca $SXOOF $IDK.ca $AAO.ca $HPQ.ca

Posted by AGORACOM-JC at 11:14 AM on Tuesday, June 5th, 2018
  • IRS plans to spend $291 million updating 140 computer systems to help it implement the new tax law
  • InformIation-technology costs and other back-office operations will consume more than 90% of the money Congress is giving the IRS for implementation.
  • Overall, the IRS budget is estimated to be $11.4 billion in the next fiscal year

Adam Bergman , Contributor

According to a previously undisclosed Internal Revenue Service (“IRS”) document, the IRS plans to spend $291 million updating 140 computer systems to help it implement the new tax law. Those information-technology costs and other back-office operations will consume more than 90% of the money Congress is giving the IRS for implementation. Overall, the IRS budget is estimated to be $11.4 billion in the next fiscal year.

For the IRS, keeping up with changes in the tax law and new technology can be quite expensive. The internet has created many positive changes for the IRS, including reducing costs for many services, such as tax return filing, data analysis and the exchange of information.  However, it seems that once again a new technology revolution is upon us; blockchain.

Shutterstock

Blockchain technology is based on the ideals of trust, security, speed, and cost efficiency. A blockchain is a digital ledger and can be designed to record any type of public or private transaction in real time.  The most widely used public blockchains involve cryptocurrencies, such as Bitcoin, however, blockchain technology can be employed without the involvement of cryptocurrency.

Cryptocurrency transactions, such as Bitcoin, are recorded in a blockchain, which can be thought of as a worldwide digital spreadsheet or ledger.  Blockchain leverages the capital of a large peer-to peer network to verify and approve each transaction.  Blockchain is encrypted and can be public or private. Blockchain encryption involves public and private keys (much like a two-key system to a vault) to ensure security. Each time a transaction is verified by a network, the transaction is stored in a block which is linked to the preceding block, thus, creating a chain.  Each block must refer to the preceding block to be valid.  In other words, if you wanted to steal a Bitcoin, you would have to rewrite the coin’s entire history on the blockchain.

Blockchain and its digital ledger platform can revolutionize the way data is analyzed, exchanged and stored by the IRS. Blockchain can help the IRS lower costs and increase security, as well as enhance the speed in which it accesses and reviews taxpayer data.  Here are just a few small examples of some of the issues the IRS is currently experiencing.

  • In 2017, approximately $600 billion dollars were rolled over from 401(k) plans to IRAs. Currently, the IRS could wait up to a year in order to receive the rollover data on the IRS Form 1099-R.
  • If a business pays an independent contractor an amount in excess of $600 during a taxable year, the IRS could wait up to a year in order to receive the data on the IRS Form 1099.
  • When a taxpayer mails a check to the IRS for a tax payment, the IRS may have to wait three to seven days for the transaction to settle.
  • The IRS reported that in 2017, there were 242,000 cases of taxpayer identity-theft reports, a big drop from 2015, but still a significant ongoing issue.
  • Spending within the IRS has declined by $533 million and its staff has dropped 14 percent since 2012.

The implementation of a private blockchain platform by the IRS can be transformational from a speed, security, and cost perspective.  Private blockchain or distributed ledger technology, as referred to by the financial services industry, can make the IRS a more cost effective and efficient regulator. Because tax return data is highly private, a public blockchain model, such as Bitcoin, would likely not be a suitable option for the IRS since anyone would be able to access and interact with it.  Whereas, a private blockchain model would allow the IRS and only other permitted parties to view the blockchain data. With a private blockchain model, transactions can be verified privately or by approved third-party verifiers, removing the need for anonymous miners who require a financial reward as well as the need for large amounts of electricity.

For example, when a bank or financial institutions transfers 401(k) plan funds to an IRA, the transaction can be verified and reported by the parties on a blockchain so that the IRS will have immediate access to the data.  The same technology can be employed for almost all Form 1099 related transactions, which amount to over one billion dollars a year, according to the IRS.  Likewise, a digital ledger platform could let the IRS or other government regulators audit individuals or corporations in real time, giving them instant access to financial or tax return related data.  Moreover, using a private blockchain platform will offer the IRS far more security against taxpayer identity theft because of cryptography. Smart contracts technology can help the IRS manage and enforce settlement agreements with taxpayers, as well as manage various other agreements with individual and corporate taxpayers.

We have just started scratching the surface of the potential impact of the blockchain revolution for all industries, including government agencies, such as the IRS.   As a 2016 PricewaterhouseCoopers (PWC) report stated, “Distributed ledger technologies offer institutions a once-in-a-generation opportunity to transform the industry to their benefit, or not.” Blockchain technology can potentially provide the IRS with a greater impact than E-filing. It will help the IRS save costs, allow for real time tax related data analysis, reduce fraud, as well as help agents better manage audits. The next time Congress is formulating a budget for the IRS, they would be wise to consider the many benefits that blockchain technology related investments can better the agency. Failing to do so could prove to be an IRS nightmare.

Adam Bergman is a tax partner with IRA Financial Group and president of IRA Financial Trust Company. Contact him via email at [email protected] or call him at 800-472-0646 Ext 12.

Source: https://www.forbes.com/sites/greatspeculations/2018/06/04/how-blockchain-technology-can-save-the-irs/#584ab320e7ab

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Posted in All Recent Posts, Blockchain stocks, Blockstation, Canadian Blockchain Stocks, HPQ-Silicon Resources Inc., Smallcap Blockchain stocks, St Georges Eco-Mining Technologies, ThreeD, ThreeD Capital | Comments Off on How #Blockchain Technology Can Save The IRS $SX.ca $SXOOF $IDK.ca $AAO.ca $HPQ.ca

This 25-Year-Old Has #Nas And The #49ers Investing In High School #Esports $ATVI $TTWO $GAME $EPY.ca $TCEHF

Posted by AGORACOM-JC at 10:07 AM on Tuesday, June 5th, 2018
  • PlayVS, a startup developing software to formalize high school gaming competitions
  • By integrating with a select number of games,
    • PlayVS serves as an all-in-one online portal for students and administration
  • Growth has been fast since its founding last June
Matt Perez , Forbes Staff

Delane Parnell is the cofounder and CEO of PlayVS.

If there’s a constant in the flourishing world of esports, it’s that enthusiasm often outpaces the necessary infrastructure to match it. In particular, high school students and teachers who hope to participate in competitive gaming must self-organize without the structure of an official body.

Delane Parnell’s high school science teacher was someone who took it upon himself to organize a gaming club for students. He provided the equipment, he kept track of stats and even awarded trophies for the myriad of games they played. It was a way for students to come together and to participate in a hobby they all enjoyed. It was also a way for Parnell to stay out of trouble on the west side of Detroit where he grew up.

“I was super in love with that, and it was probably one of the highlights of my life,” says Parnell, now 25 years old. “I never made the connection until maybe last year that I was building that company.”

That company is PlayVS, a startup developing software to formalize high school gaming competitions. By integrating with a select number of games, PlayVS serves as an all-in-one online portal for students and administration. Matches are set and scheduled on the platform, player stats are tracked and collected, and wins and losses are auto-reported to prevent cheating.

Growth has been fast since its founding last June. By November, Parnell and his collaborators at the incubator Science struck up a partnership with the National Federation of State High School Associations (NFHS), which publishes the rules for most high school sports and performing arts activities across the United States. The organization was searching for around 18 months before finding the right fit in PlayVS. With the NFHS exclusively rolling out esports through its Web app, Parnell’s company can now reach 19,500 high schools and the many students who pine for an esports program that functions like an officially sanctioned sport.

“There are 8 million kids today that don’t participate in any sports, and there’s an opportunity for them to get engaged, develop an affinity for their school, to just be a part of something that’s bigger than themselves,” Parnell says.

The inaugural season starts this fall, with around 18 to 20 states set to participate, a starting base that encompasses about 5 million students. Two seasons make up a school year, with each regular season played across two months and leading into conference finals and a state championship. PlayVS is still mum on which games will be offered, though it’s working with publishers to sanction IPs within three genres: MOBAs, fighting games and sports games. Students will need to pay a $16 per month participation fee to register for the platform.

While PlayVS still needs to prove itself come this fall, it’s already earned some believers in high places. The startup this week announced it pulled in $15 million through a Series A funding round. Investors include the NFL’s San Francisco 49ers, NBA All-Star Baron Davis, LA Chargers Pro Bowler Russell Okung and rapper Nas. According to the company, it’s the third-largest Series A for a black founder.

Despite the young age of the company—and its founder and CEO—it was an eventful journey to this moment.

Listen to Delane Parnell discuss his startup PlayVS on our podcast, Overworld:

Parnell grew up in Detroit’s Jeffries Projects, a notoriously rough neighborhood. His father was murdered before he was born, and his older brother’s dad passed away from sickle cell soon after. Part of his childhood was spent living with a family friend, but when the city imploded the housing project, he moved back in with his single mother on the west side of Detroit. Hoping to keep him and his brother out of trouble, Parnell’s mother put them in school sports and got them summer jobs. While his brother worked at a meat-packing facility, he got a job at a cellphone store. The man in charge taught Parnell the ropes.

“Without him, I’m not sure I’d be here today,” Parnell says. “Taught me everything I know about business, about hard work, about empathy and leadership and management, and just took me under his wing.”

They were lessons Parnell quickly put to use. He went on to own three Metro PCS stores, then he helped start a car rental service that now has 16 locations in the Midwest and Southeast. Turning his eyes toward venture capital, he came to work with billionaire Dan Gilbert’s Rocket Fiber.

“I’ve always been a gamer, but I fell in love with esports throughout working with Dan,” Parnell says.

Despite some early goings in the industry, including selling the team Rush eSports to Team SoloMid, Parnell wasn’t able to find sustained success in esports. But through a long series of connections and fortunate coincidences, Parnell would find the key to eventually founding PlayVS. While at a friend’s SXSW party, Parnell was introduced to Science cofounder Peter Pham, who was the lone brave soul out on the dance floor.

“He mentioned he was really interested in building something in esports,” Pham says. “I had been obsessed with the space for a while and wanting to kind of find a team to help build something in that space.”

Considering esports will near billion-dollar revenues this year, and considering 72% of teens play videogames, the interest was warranted. It was just a matter of finding the right partner and deciding where attention should go, something that became obvious upon talking to Parnell.

“Esports sort of has this task—this mountain task—to become multigenerational,” Parnell says. “If a sport has a strong and a stable high school system, then that sport typically not only has staying power but it also lasts for multiple generations at the pro level.”

The industry lacks a system to readily usher in the next wave of athletes. It’s endemic at the collegiate level. Though universities are beginning to offer esports scholarships, they use unorthodox measures to recruit the kids. With a more formalized ladder, a clearer path exists.

The two continued speaking for a number of months, and Pham asked Parnell to make the move to Los Angeles. He was hesitant given the deep connections he’d made in the Detroit startup scene.

“I wanted to see that through, and I was pretty passionate about that and I still am,” Parnell says, “but I knew if I wanted to build a big company, and certainly a company in esports, location matters.”

Pham finally gave an ultimatum to move out to the West Coast. As soon as he got off the phone, Parnell decided to make the leap. He got out of his lease, took his car into the dealership, gave most of his belongings away, threw the rest in a U-Haul and headed across the country. Former pro player and now 100 Thieves team owner Matt “Nadeshot” Haag hooked him up with a place to stay, but everything happened so quick, Parnell never even saw his new apartment before shipping out.

“It was really a decision around, how bad do you want to do this,” Parnell says.

Since then, Parnell’s been under Pham’s wing as they build PlayVS. Already, they’ve pulled a national partnership and a $15 million funding round. Now it’s time to spend the summer prepping for its debut season this fall. But given how fast he moves, it’s no wonder Parnell’s already thinking of the future impact of PlayVS.

“I can’t wait to send hundreds of thousands of kids to college on esports scholarships in the future, keep kids off the street and out of gangs and, most importantly, help kids develop new friendships,” Parnell says. “I think there’s something to be said around the benefits of gaming and how gaming brings people together.”

Source: https://www.forbes.com/sites/mattperez/2018/06/04/this-25-year-old-has-nas-and-the-49ers-investing-in-high-school-esports/#48397a35777b

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Peeks Social $PEEK.ca to Launch Website, App Reaches New Record Quarterly Deposits $BCOV $AVID

Posted by AGORACOM-JC at 9:24 AM on Tuesday, June 5th, 2018

Peeks dark logo

  • Peeks Social App reached an all-time high of $484,444 CAD in monthly user deposits for May 2018
  • Maintained over 2 million monthly user sessions

TORONTO, June 05, 2018 — Peeks Social Ltd. (TSXV:PEEK) (OTCQB:PKSLF) (“Peeks Social” or “the Company”) is pleased to provide updated key performance indicators (“KPIs”) relating to the Peeks Social App. The Company is also pleased to announce that the Peeks Social App reached an all-time high of $484,444 CAD in monthly user deposits for May 2018 and maintained over 2 million monthly user sessions.

Quarterly Deposits

User Sessions Per Quarter

The table below provides a summary of select recent quarterly KPIs for the Peeks Social platform. Q1 2019 represents the three months ended May 31, 2018.

  Key Performance Indicator Q4 2017 Q1 2018 Q2 2018 Q3 2017 Q4 2018 Q1 2019
  Total Number of User Sessions (1) 2,890,000 5,134,000 4,631,000 5,779,000 6,264,000 6,203,000
  Gross Deposits (2) $312,000 $774,000 $1,174,000 $1,254,000 $1,306,000 $1,437,000

The record deposits for the month of May 2018 are included in Q1 2019 above (three months ended May 31, 2018).  Since the launch of the Peeks Social App in November 2016, the App has experienced six continuous quarters of increased user deposits and positive trends across other KPIs, such as user sessions per quarter.

“We are very pleased with sustained quarter-over-quarter growth across a variety of key metrics on the Peeks Social App.  We continue seeing increased engagement from our loyal user base both in terms of the dollars deposited and visits to the App.  Simply put, people are spending more and coming back more often,” states Mark Itwaru, Chairman and CEO. “After constant testing and refinement of user acquisition campaigns and marketing efforts, we believe that we are now able to dial in the most cost-effective user acquisition campaigns to drive overall revenue growth.”

LAUNCH OF PEEKS.SOCIAL WEBSITE

The Company believes that a key part of the process of increasing both users and revenues is to make it easier for streamers to create content and for users to view content.  In order to accomplish this, Peeks Social will be launching a fully functional web version on www.peeks.social in July 2018. The Company 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 must currently download and install the App in order to interact and consume content. Additionally, a fully functional website will 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.

DEVELOPMENT OF PERSONAS SOCIAL NETWORK

The recent acquisition Personas.com Corporation represented a significant milestone for the Company in that it acquired all of the technology assets of the Peeks Social livestreaming App, however it also acquired certain other technology assets including the source code and complete rights to the “Personas” App. Personas was a product line developed by Personas.com Corporation prior to the launch of the Peeks Social App in partnership with the Company. Personas is envisioned as a multi-functional social network with a key emphasis around privacy and security that is reached through the segmentation of users’ social contacts such as friends, family & business.  Further social features include multiple video, photo, text based communications, financial tools such as real time transactions between contacts, and content creator tools such as private video chat and subscriptions to content channels.

The Company resumed development and testing work on the Personas App in May 2018 including updating the user interface and the addition of new features and functions designed to increase utility and market appeal to today’s social media users.  The Company is considering potential launch dates for the Personas App with a target window of summer 2018. Regular updates and further Personas product details will be provided as the Company progresses in launching these new initiatives.

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

Notes:

  1. This KPI represents the number of times the Peeks Social app was accessed by users.  Data was provided through Google Analytics. For additional information on Google Analytics’ definition of “session” and the methods of calculating “sessions,” please refer to https://support.google.com/analytics.
  2. This KPI represents the total amount of external deposits into user wallets in the Peeks Social App. Wallets may contain USD or a digital currency inside the Peeks Social App referred to as “coins.” Deposits to wallets may be made via credit card, PayPal, or in-app purchase. “Coins” are sold at a premium to their value in order to cover app store transaction fees and as an additional revenue source for the platform. These premiums are not included in this KPI. Deposits denominated in USD are translated to CAD using the monthly average exchange rate as published by the Bank of Canada. While the “gross deposits” is an important KPI for the Peeks Social App, it is not a direct indicator of the Company’s financial performance.

For further information, please contact:

Peeks Social Ltd.
Mark Itwaru David Vinokurov
Chairman & Chief Executive Officer Director Investor Relations
647-635-5339 416-716-9281
[email protected] [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.

Forward-looking statements:

The information and statements in this news release contain certain forward-looking information relating to the timing of the deployment of the Peeks Social web platform and the Personas social network, along with related functionalities and potential impacts on Company performance metrics. This forward-looking information is subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking information. The Company’s forward-looking information is expressly qualified in its entirety by this cautionary statement. Except as required by law, the Company undertakes no obligation to publicly update or revise any forward-looking information.

Infographics accompanying this announcement are available at:

http://www.globenewswire.com/NewsRoom/AttachmentNg/3fb37d87-b93b-456b-b5a6-45ab536bcaf8

http://www.globenewswire.com/NewsRoom/AttachmentNg/e944d414-9027-466c-a1ca-75117553ba12

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Marijuana Company of America $MCOA Announces the Relaunch of Its Reformulated Patent Pending CBD Product hempSMART(TM) Brain $AERO $CBDS $CGRW $APH.ca $GBLX

Posted by AGORACOM-JC at 8:05 AM on Tuesday, June 5th, 2018

15233 mcoa

  • Company’s hempSMART™ brand has relaunched its flagship wellness product hempSMART™ Brain with 10mg of Cannabidiol (CBD) oil per serving
  • Developed to maintain mental clarity, alertness, focus and concentration as well as promote relaxation, restorative sleep, and support the repair and regeneration of brain cells, better known as neurogenesis

Escondido, California–(June 5, 2018) – MARIJUANA COMPANY OF AMERICA INC. (OTC Pink: MCOA) (“MCOA” or the “Company“), an innovative hemp and cannabis corporation, is pleased to announce that the Company’s hempSMART™ brand has relaunched its flagship wellness product hempSMART™ Brain with 10mg of Cannabidiol (CBD) oil per serving.

hempSMART Brain has been relaunched and redesigned with an improved formulation that includes 300mg per bottle of Full Spectrum, non-psychoactive, water soluble CBD oil per serving and contains a botanical blend of all-natural plant-based ingredients such as Ashwaganda, Fulvic Acid, Rhodiola Rosea Extract, Bacopa, L-Theanine, Green Tea Extract, and Huperzia Serrata.

hempSMART Brain has been developed to maintain mental clarity, alertness, focus and concentration as well as promote relaxation, restorative sleep, and support the repair and regeneration of brain cells, better known as neurogenesis. This unique formula promises to revolutionize the safe, effective, and natural optimization of brain wellness.

MCOA‘s CEO Donald Steinberg stated, “After reviewing our hempSMART Brain product, our formulators chose to improve upon the original product by doubling the original dosage of CBD. Our team is proud to be able to welcome our flagship product back onto the market and look forward to the upcoming marketing campaigns.”

About Marijuana Company of America, Inc.

MCOA is a corporation which participates in: (1) product research and development of legal hemp-based consumer products under the brand name “hempSMART™”, that targets general health and well-being; (2) an affiliate marketing program to promote and sell its legal hemp-based consumer products containing CBD; (3) leasing of real property to separate business entities engaged in the growth and sale of cannabis in those states and jurisdictions where cannabis has been legalized and properly regulated for medicinal and recreations use; and, (4) the expansion of its business into ancillary areas of the legalized cannabis and hemp industry, as the legalized markets and opportunities in this segment mature and develop.

About Our hempSMART™ Products Containing CBD

The United States Food and Drug Administration (FDA) has not recognized CBD as a safe and effective drug for any indication, and disclaims CBD as a dietary supplement. Our products containing CBD derived from industrial hemp are not marketed or sold based upon claims that their use is safe and effective treatment for any medical condition.

Forward Looking Statements

This news release contains “forward-looking statements” which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “anticipate”, “seek”, intend”, “believe”, “estimate”, “expect”, “project”, “plan”, or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-12G, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.

For more information, please visit the Company’s websites at:

MarijuanaCompanyofAmerica.com
hempSMART.com
NetworkNewsWires/MCOA

NNW Corporate Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]

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#Esports Entertainment Group $GMBL Announces the Appointment of Geoff Bough as Strategic Advisor $ATVI $TTWO $GAME $EPY.ca $TCEHF

Posted by AGORACOM-JC at 7:39 AM on Tuesday, June 5th, 2018

Esports large

  • Announced the appointment of Mr. Geoff Bough of New York as Strategic Advisor
  • Mr. Bough has an extensive background in online gaming and both the esports and sports worlds
    • Since May 2017, Mr. Bough has been Vice President of Marketing and Partnerships at DRAFT, a subsidiary of Paddy Power Betfair plc

ST. MARY’S, Antigua, June 05, 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. Geoff Bough of New York as Strategic Advisor. Mr. Bough has an extensive background in online gaming and both the esports and sports worlds.

Since May 2017, Mr. Bough has been Vice President of Marketing and Partnerships at DRAFT, a subsidiary of Paddy Power Betfair plc. Previously, from 2010 to 2016, Mr. Bough was Head of Business Development for FanDuel, Inc. Mr. Bough also serves as an advisor to FanAI, an artificial intelligence esports audience monetization platform based out of Santa Monica, CA and he has done consulting work for several major esports-focused companies, including Activision Blizzard.

Geoffrey Bough stated:

“With the combination of the huge growth in esports and the recent fall of the Professional and Amateur Sports Protection Act (PASPA), we’re in an exceptionally unique time period where Esports Entertainment Group can take advantage of what will be a burgeoning esports betting landscape. I look forward to helping Esports Entertainment Group make the most of this opportunity.”

Grant Johnson, CEO of Esports Entertainment Group, stated, “We are excited Geoff has joined our team. The timing of his appointment could not be better given the recent Supreme Court decision regarding online gambling in the United States. His insights and connections into the American esports wagering market will be of significant value to the Company now that the US market has opened up.”

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, currently 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, currently excluding the US and EU, 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

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FEATURE: Explor $EXS.ca Flagship Hosts NI 43-101 Resource – 609K Oz Indicated, 470K Oz Inferred Gold $EXN.ca $HBE.ca $OSK.ca

Posted by AGORACOM-JC at 5:45 PM on Monday, June 4th, 2018

Why Explor Resources?

  • Flagship Property Offers The Following:
  • NI 43-101 Resource – 609,000 oz Indicated / 470,000 Inferred Gold
  • Property Is 13 KM From Downtown Timmins
  • Preliminary Metallurgical Testing on the low grade near surface gold ore completed
    • A representative sample from diamond drill holes in the area of the potential open pit
    • 45 kilogram composite sample of mineralized diamond drill core was sent to SGS Minerals Services for metallurgical test-work
  • 2nd Project 43-101 Open Pit Resource
  • 1.4 MILLION T Indicated @ 1.38% Copper
  • 2.09 MILLION T Inferred @ 1.26% Copper

WATCH OUR RECENT INTERVIEW

FULL DISCLOSURE: Explor Resources is an advertising client of AGORA Internet Relations Corp.

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American Creek $AMK.ca Reports on Resource Estimate Progress at Treaty Creek Project $SEA $SA $SKE.ca $TUD.ca $PVG

Posted by AGORACOM-JC at 2:40 PM on Monday, June 4th, 2018

Hublogolarge2 copy

  • Released an update on the Copper Belle preliminary resource estimate progress at the Treaty Creek project located in the “Golden Triangle” of northwestern British Columbia
  • Tudor has announced that another 8 to 16 holes to depths of greater than 700 m are recommended in order to publish a preliminary resource estimate

Cardston, Alberta–(June 4, 2018) – American Creek Resources Ltd. (TSXV: AMK) (OTC Pink: ACKRF) (“American Creek”) today announced that Treaty Creek JV partner Tudor Gold (“Tudor”) has released an update on the Copper Belle preliminary resource estimate progress at the Treaty Creek project located in the “Golden Triangle” of northwestern British Columbia. Tudor has announced that another 8 to 16 holes to depths of greater than 700 m are recommended in order to publish a preliminary resource estimate.

Walter Storm, President and CEO of Tudor Gold (the operator), commented: “Our first priority now is to complete the work for our resource estimate followed by drilling other exciting targets confirmed by Simcoe Geoscience. The geophysical survey that combined acquired data from magnetotellurics (MT), magnetometer (Mag) and electromagnetic (EM) surveys has provided Tudor with several high priority anomalous drill targets. We expect that this summer’s drill program will be very busy.”

Figure 1: Copper Belle 3D Image

To view an enhanced version of Figure 1, please visit:
http://orders.newsfilecorp.com/files/682/35010_a1528136173564_72.jpg

In Figure 1 above, you can clearly see that the north end face of Copper Belle (right) is cut-off demonstrating a continuation of the mineralized zone to the north. When looking at Figure 2 below, the Copper Belle anomaly also shows a strong continuation of mineralized structure that is open to the north, west and to depth. This was verified in the 2017 drill results and supports Tudor’s priority focus for 2018 drilling on the Copper Belle extensions. The Konkin Zone anomaly is a high priority exploratory drill target that previously generated 870 g/t Au over a 1.2m channel sample.

Figure 2: Treaty Creek Anomalies

To view an enhanced version of Figure 2, please visit:
http://orders.newsfilecorp.com/files/682/35010_a1528136173908_32.jpg

In Figure 3 below, an intense anomaly has been identified adjacent to the RR Zone and GR2 Zones and represents another high priority exploration drill target. The GR2 assays from 2017 indicated a high grade strata-vein feeder system adjacent to this large anomaly. A feeder system that Tudor suggests will continue into the anomaly.

Figure 3: GR2 & RR Zone Magnetotelluric Hot Spot

To view an enhanced version of Figure 3, please visit:
http://orders.newsfilecorp.com/files/682/35010_a1528136174267_83.jpg

Darren Blaney, President and CEO of American Creek, stated: “As the correlation between the drilling and the geophysical work is now becoming clearer, and new targets emerge, the potential of Treaty Creek continues to impress. We very much look forward to Tudor advancing the Copper Belle resource estimate as well as expanding the drill program to other high priority targets.”

Qualified Person

The Qualified Person for the analytical information in this new release is James A. McCrea, P.Geo, for the purposes of National Instrument 43-101. He has read and approved the scientific and technical information that forms the basis of the disclosure contained in this news release.

Background on the Treaty Creek Project

The Treaty Creek Project is situated immediately north of Seabridge Gold’s KSM property located in BC’s Golden Triangle along the Sulphurets and Brucejack fault systems that continue northward into the Treaty Creek property.

The Treaty Creek Project is a joint venture between Tudor, Teuton Resources Corp., and American Creek. Tudor is the operator and holds a 60% interest with both American Creek and Teuton each holding respective 20% carried interests in the property (fully carried until a production notice is given).

A summary of the Treaty Creek Project can be viewed here:

http://www.americancreek.com/images/pdf/Treaty_Creek_Joint_Venture_Project.pdf

About American Creek

American Creek holds a strong portfolio of gold and silver properties in British Columbia. The portfolio includes three gold/silver properties in the heart of the Golden Triangle; the Treaty Creek and Electrum joint ventures with Walter Storm/Tudor, as well as the recently acquired 100% owned past producing Dunwell Mine. Other properties held throughout BC include the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the 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.

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Star Announces $SNA.ca STAR-ISAMM™ In-Flight System Aided Medical Monitoring system

Posted by AGORACOM-JC at 1:12 PM on Monday, June 4th, 2018

Sna

  • Announce its R&D Department has completed development of its In-Flight System Aided Medical Monitoring system
  • Utilizing Star’s patented STAR-A.D.S. ® System, STAR-ISAMM™ directly addresses the need to improve the in-flight transmission to a hospital of medical data concerning an on-board emergency patient

TORONTO, June 04, 2018 – Star Navigation Systems Group Ltd. (CSE:SNA) (CSE:SNA.CN) (OTCQB:SNAVF) (“Star” or the “Company”) is pleased to announce that its R&D Department has completed development of its In-Flight System Aided Medical Monitoring system (“STAR-ISAMM™â€). Utilizing Star’s patented STAR-A.D.S. ® System, (an on-board, real-time flight data monitoring and tracking system), STAR-ISAMM™ directly addresses the need to improve the in-flight transmission to a hospital of medical data concerning an on-board emergency patient.

The STAR-ISAMM™ system interfaces with existing bio-medical equipment aboard the MEDEVAC helicopter. It securely transmits the patients’ vital signs and other critical information directly to receiving hospital physicians through SATCOM or GSM, as well as providing tracking and location of the vehicle. This allows the early assessment and initiation of the best possible care plan, well before the patient arrives. While the most obvious application is to Helicopter Emergency Medical Services, the System is equally adaptable to both ambulance and commercial airline usage.

In response to discussions with the Emergency Medical Service industry, Star’s R&D Department has been working on this project for several years. Recent breakthroughs in Star’s technology have led to today’s announcement.

The STAR-ISAMM™ prototype has already been demonstrated and Star expects that this will significantly enhance:

  • Interfacing with EMS, in the air and on the ground, improving on scene care and care in transit.
  • Providing better patient care with a seamless hospital virtual environment. The patient will be already ‘admitted’ to the hospital care service while being transported.

Star intends to start fielding the STAR-ISAMM™ system this year, starting with the helicopter EMS segment.

Star’s R&D department will continue to rapidly develop the system, with the addition of new features through technological evolution.

About Star Navigation:

Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS®, the heart of the STAR-A.D.S. ® System. Its real-time capability of tracking performance trends and predicting incident-occurrence enhances aviation safety and improves fleet management while reducing costs for the operator.

Stars’ M.M.I. Division designs and manufactures high performance, mission critical, flight deck flat panel displays for defence and commercial aviation industries worldwide. These displays are found on aircraft and simulators, from P-3 Orion and C-130 aircraft, to Sikorsky and AgustaWestland helicopters, as examples.

Certain statements contained in this News Release constitute forward-looking statements. When used in this document, the words “may”, “would”, “could”, “will”, “expected” and similar expressions, as they relate to Star or its management are intended to identify forward-looking statements. Such statements reflect Star’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause Star’s actual performance or achievements to vary from those described herein. Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Star does not assume any obligation to update these forward-looking statements, except as required by law.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of the content of this release.

Please visit www.star-navigation.com or

Jean-Louis Larmor, (416) 252-2889 Ext. 230

[email protected]

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