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Monarques Gold $MQR.ca To Commission Its Beacon Mill In The Last Quarter Of 2018 $MUX.ca $SII.ca

Posted by AGORACOM-JC at 11:07 AM on Thursday, May 17th, 2018

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

  • Strong demand for its custom milling services spurs the Company to start up its mill
  • mill is located on Route 117, within 500 metres of the railway line and less than 10 km from the Beaufor Mine
  • Allocated a budget of $1.5 million to upgrade the facility
  • Expects to commission the 750 tonne-per-day plant in the last quarter of 2018

MONTREAL, May 17, 2018  – MONARQUES GOLD CORPORATION (“Monarques” or the “Corporation”) (TSX.V: MQR) (OTCMKTS: MRQRF) (FRANKFURT: MR7) is pleased to announce that it has decided to start up its Beacon mill in Val-d’Or. The mill is located on Route 117, within 500 metres of the railway line and less than 10 km from the Beaufor Mine. The Corporation has allocated a budget of $1.5 million to upgrade the facility, and expects to commission the 750 tonne-per-day plant in the last quarter of 2018.

The Beacon mill remained in a very good condition over the shutdown period. It has its operating permits, including a certificate of authorization from the Ministry of Sustainable Development, Environment and the Fight against Climate Change to process 1,800,000 tonnes of tailings, or approximately nine years of mineral processing at full capacity.

The Corporation has retained SNC-Lavalin to do the engineering work required to upgrade and restart the tailings management facility, and in May will file an updated closure plan with the MERN (Ministry of Energy and Natural Resources), which must approve the plan before the mill can be commissioned.

“This is a strategic decision for Monarques, as we expect to be able to operate the Beacon mill at full capacity for a long time,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarques. “We are also proud to have excess demand for our custom milling services, as it reflects the quality of the service provided by our employees at the Camflo mill, which is currently operating at full capacity. These activities are also profitable for Monarques, of course, and will be even more so once we are producing at our full authorized capacity of 2,350 tonnes-per-day for the Beacon and Camflo mills.”

The technical and scientific content of this press release has been reviewed and approved by Marc-André Lavergne, P.Eng., the Corporation’s qualified person under National Instrument 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.

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/monarques-gold-to-commission-its-beacon-mill-in-the-last-quarter-of-2018-300650322.html

SOURCE Monarques Gold Corporation

View original content with multimedia: http://www.newswire.ca/en/releases/archive/May2018/17/c7947.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

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$AAO.ca Augusta Announces its Shareholders’ Meeting and Provides Sales Update

Posted by AGORACOM at 10:28 AM on Thursday, May 17th, 2018

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

 

  • Marcon International Inc. sales orders of $612,000, with a backlog of $962,838.71
  • Shareholders’ meeting has been scheduled for July 11, 2018

Toronto, Ontario–(Newsfile Corp. – May 17, 2018) – Augusta Industries Inc. (TSXV: AAO) (the “Corporation”) is pleased to announce that it wholly owned subsidiary, Marcon International Inc. (“Marcon”), has entered into new agreements with various departments of the United States government for the supply of instrumentation and equipment. The aggregate value of the agreement entered into was $612,522.38. The current backlog of orders, including these new contracts, is $962,838.71 as of May 15, 2018.

“The Corporation is pleased to enter in these new contracts as it is a reflection of the continued efforts and hard work of the Corporation’s sales staff,” stated Allen Lone, President of the Corporation. “The Corporation’s sales efforts continues to result in increased sales and the Corporation will continue to focus on entering into additional contracts and developing additional relationships and opportunities with its existing clients.”

The Corporation also announces its shareholders’ meeting has been scheduled for July 11, 2018.

About the Corporation:

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

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

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

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

Corporation contact:

Allen Lone, President, CEO, Augusta Industries Inc.
Tel: (905) 275-8111 Ext 226, 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.

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Marijuana Company of America’s $MCOA Joint Venture Completes set up of 10,000 sq ft. Greenhouse $AERO $CBDS $CGRW $APH.ca $GBLX

Posted by AGORACOM-JC at 9:00 AM on Thursday, May 17th, 2018

15233 mcoa

  • Announced that its Washington based Joint Venture with Bougainville Ventures has completed the setup of 10,000 sq. ft. of greenhouse space
  • Greenhouse is pending the completion of inspection, which is the final step needed before commencing cultivation.

ESCONDIDO, Calif., May 17, 2018  – MARIJUANA COMPANY OF AMERICA INC. (“MCOA” or the “Company“) (OTC:MCOA), an innovative hemp and cannabis corporation, is pleased to announce that its Washington based Joint Venture with Bougainville Ventures, Inc. has completed the setup of 10,000 sq. ft. of greenhouse space. The greenhouse is pending the completion of inspection, which is the final step needed before commencing cultivation.

Marijuana Company of America - Cannabis Greenhouse in Washington State
Marijuana Company of America (MCOA), in a joint venture with Bougainville Ventures, Inc., has erected the first 10,000 square feet of a 30,000-square-foot greenhouse facility for cannabis cultivation in Washington. When fully built out, the facility will have the capacity to house approximately 4,000 marijuana plants.

The first 10,000 of a 30,000 square foot facility has been fully erected and is ready for inspection this week along with the newly installed security system. The construction crew is currently focused on installing the wiring and mounting panels, plugs and switches, the HVAC system and fans. The Company expects that the final inspection of the security and greenhouse construction will be sometime this week. Once the inspection is approved, the tenant grower will be allowed to occupy the space and begin growing.

Donald Steinberg, MCOA CEO said, “As landlords we are looking forward to providing a turnkey property to the first of hopefully many licensed tenants in Washington. Providing a turnkey facility for tenant growers is an ideal cultivation environment for tenants with minimal start-up capital and consistent rental income for MCOA.”

Once the 30,000 sq. ft. facility is fully built-out, it will have the ability to house approximately 4,000 plants.

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 Bougainville Ventures, Inc.
Bougainville Venture Inc. is in the core business of converting irrigated farmland that was traditionally used to grow marginally profitable feed crops, to greenhouse-equipped farmland used to grow luxury crops with a primary focus on marijuana. Bougainville is an agricultural services company that focuses on providing growers with state-of-the-art computer controlled greenhouses and processing facilities. Bougainville offers fully built out turnkey solutions to licensed tenant-growers and luxury crop growers who will lease the facilities for production and processing. Bougainville does not “touch the plant” and only provides growing infrastructure as a landlord for licensed marijuana growers.

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

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

A photo accompanying this announcement is available at http://resource.globenewswire.com/Resource/Download/1536f9c3-55b6-46f1-86df-622bfd2e81ea

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Esports Entertainment Group $GMBL Announces $600,000 Financing With First Capital Ventures $ATVI $TTWO $GAME $EPY.ca $TCEHF

Posted by AGORACOM-JC at 8:44 AM on Thursday, May 17th, 2018

Esports large

  • Announced financing in the amount of $600,000 with Denver, CO-based First Capital Ventures
  • First provided the Company with financing of $600,000 in March 2017
  • Financing announcement represents the exercise of warrants held by First Capital and demonstrates the firm’s continued commitment and confidence in the future of Esports Entertainment Group

ST. MARY’S, Antigua, May 17, 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 announced financing in the amount of $600,000 with Denver, CO-based First Capital Ventures (“First Capital”), which first provided the Company with financing of $600,000 in March 2017.

Today’s financing announcement represents the exercise of warrants held by First Capital and demonstrates the firm’s continued commitment and confidence in the future of Esports Entertainment Group.

Gary Graham, President & CEO of First Capital stated “Prior to this week’s Supreme Court decision lifting the ban on sports betting by states, Chris Grove of Eilers & Krejcik Gaming projected that esports wagering would reach $23 billion by 2020. As a result of this decision we believe this figure will increase and that the Company’s esports wagering platform VIE.gg is ideally positioned to capitalize on this market. Affiliate marketing agreements with VIE have already been signed with 36 esports teams, as well as, 60 esports streamers representing an audience of esports viewers which collectively had over 250 million online video views in the 30 days prior to their signing. From a business model point of view, we believe the sports book model used by traditional betting sites is fundamentally ill-suited to esports, while the peer-to-peer model used by VIE is ideal for the esports fan demographic. Finally, and perhaps most important to investors, Esports Entertainment Group is currently the only pure, fully reporting public issuer positioned to take advantage in the global esports explosion with its wagering and tournament platform. We are bullish on the Company and look forward to supporting it for years to come.”

Grant Johnson, President & CEO of Esports Entertainment Group stated, “The continued financing and mentoring support of First Capital Ventures is invaluable to our Company and serves as unequivocal validation of our business model.  The first round with First Capital was instrumental in the launch of VIE, while this second round will be instrumental in helping launch our multi-player mobile and PC video game tournaments.”

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 First Capital Ventures, LLC (www.firstcapitalventures.com)

Founded in 2005, First Capital helps entrepreneurs realize their disruptive solutions’ true potential, while taking an active approach to shareholder value creation. Our team of senior-level leaders has over 200 years of combined business expertise, and not all as corporate stuffed shirts – each of us has deep experience on the other side of the table, starting, growing and exiting our own small businesses. It is this unique dual perspective that makes First Capital the ideal platform for both business creation and investment appreciation. As your guides to growth we navigate new and emerging markets on your behalf, and chart (and help execute) a route to shared success.

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 offers bet exchange style wagering on esports events in a licensed, regulated and secured platform to the global esports audience, excluding the US and some EU nations. Esports Entertainment is currently the only public company licensed to provide peer-to-peer wagering internationally and a tournament platform for gamers in the US. 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
[email protected]
http://agoracom.com/ir/eSportsEntertainmentGroup

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ThreeD Capital $IDK.ca Announces Completion of Private Placement to Raise $965,020

Posted by AGORACOM-JC at 4:28 PM on Wednesday, May 16th, 2018

Threed capital

  • Announced that it has completed a non-brokered private placement
  • Issued 7,423,230 units at a price of $0.13 per Unit, to raise aggregate gross proceeds of $965,020

TORONTO, May 16, 2018 – ThreeD Capital Inc.  (CSE:IDK), a Canadian-based venture capital firm focused on investments in promising, early stage companies and ICOs with disruptive capabilities, is pleased to announce that it has completed a non-brokered private placement (the “Offering”), pursuant to which it has issued 7,423,230 units (“Units”) at a price of $0.13 per Unit, to raise aggregate gross proceeds of $965,020.  Each Unit consists of one common share of the Company and one common share purchase warrant (a “Warrant”).  Each Warrant entitles the holder thereof to acquire one additional common share of the Company at an exercise price of $0.20 until May 16, 2021.

All securities issued and issuable in connection with the Offering are subject to a statutory hold period expiring on September 17, 2018.

Insiders of the Company subscribed for an aggregate of 640,000 Units pursuant to the Offering.  Proceeds of the Offering will be used for investment purposes and general working capital.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the Junior Resources, Artificial Intelligence and Blockchain sectors.  ThreeD seeks to invest in early stage, promising companies and ICOs where it may be the lead investor and can additionally provide investees with advisory services, mentoring and access to the Company’s ecosystem.

For further information:
Gerry Feldman, CPA, CA
Chief Financial Officer and Corporate Secretary
[email protected]
Phone: 416-941-8900 ext 106

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Consumer spending on #mobile apps: 5 takeaways for enterprises $KUU.ca $PEEK.ca

Posted by AGORACOM-JC at 2:03 PM on Wednesday, May 16th, 2018
  • US iPhone users spent 23 percent more on in-app purchases than they did in 2016
  • On average, active users spent $58 in 2017, up from $47 in 2016.
  • Also installed four more apps in 2017 than they did in 2016.

Smartphone users love their apps, and if consumer spending is any indication, that interest won’t fizzle out anytime soon. In fact, mobile app downloads and purchases continue growing year over year.

In 2017, US iPhone users spent 23 percent more on in-app purchases than they did in 2016, according to new data from app store intelligence firm Sensor Tower, as reported by TechCrunch. On average, active users spent $58 in 2017, up from $47 in 2016. They also installed four more apps in 2017 than they did in 2016.

The growing app economy

During the first quarter of 2018, the app economy grew even more, shattering the previous year’s records for both consumer spending and mobile app downloads. Global iOS and Google Play downloads reached 27.5 billion, the highest of any quarter, according to AppAnnie. Meanwhile, combined consumer spending grew 22 percent year over year to $18.4 billion. That’s just for paid apps and in-app purchases — it doesn’t even include revenue from third-party Android stores, m-commerce or in-app advertising.

The majority of this spending was on consumer-facing apps, such as games, streaming services and dating and lifestyle apps. But companies can learn much about enterprise application development from these trends.

What are the most popular categories of mobile app purchases? Which features and qualities make mobile apps worth buying? And how can enterprises replicate these experiences to develop creative apps that will attract users?

Consumer apps users pay for

According to Sensor Tower’s data on in-app purchasing, games accounted for 62 percent of App Store consumer spending in 2017. This makes sense, considering that gaming apps typically enable users to spend real-world money on a variety of virtual goods. The longer someone plays a game — and the more they want to win — the more money they spend.

However, games aren’t the only app-based entertainment that consumers are now purchasing en masse. In-app spending on video streaming services such as Netflix and Hulu grew 57 percent from 2016 to 2017, reaching $4.40 per iOS device, while music streaming apps brought in about $4.10 per device.

Music and entertainment apps gained popularity with Android users as well. According to AppAnnie’s data, this category experienced the largest market share growth on Google Play last year and in the first quarter of 2018.

Consumers also spent more for social connections. Lifestyle and dating apps grew 110 percent from 2016 to 2017, and spending in social media apps was up by 38 percent, according to the Sensor Tower research.

What consumer spending means for enterprise app development

Enterprise mobile apps have decidedly different purposes from most consumer apps, but they do share one common goal: to provide an engaging and rewarding experience that keeps users coming back. What can enterprises learn from popular consumer apps about delivering that experience?

1. Make it customizable. Consumers spend money on streaming apps so they can consume the music and videos they want when they want. Customization is also key for gaming apps. For example, this year’s breakthrough game, “Fortnite: Battle Royale,” is free to play, but users can pay to unlock personalization features such as character costumes and weapon skins. These features are so popular that the game made more money in February than did rival game “PlayerUnknown’s Battlegrounds,” which is a paid app.

2. Deliver personal rewards. If people are expected to use an enterprise app on their personal phones or during their personal time, they need a compelling reason to do so. With consumer apps, those reasons often come down to entertainment or emotional connections, which might not always make sense for enterprise apps. However, there are other types of personal rewards that enterprise apps can help to deliver — for example, productivity features that contribute to better work-life balance or collaboration features that boost social connections at work (a particularly important feature for roving or virtual workforces).

3. Incorporate social elements. Competition, communication and collaboration are at the heart of what makes most consumer apps so engaging — which is convenient, considering those things are also key for businesses. Enterprises might not be interested in launching games or new social networks, but there are other opportunities to make apps more social — for example, gamifying training or processes to spur friendly competition, or adding collaboration tools that make it easy for teams to share information on the fly.

4. Add original video content. According to AppAnnie, video streaming apps are gaining ground quickly, despite fierce competition in the industry. To differentiate themselves from competitors, Netflix, Hulu, Amazon Video and other streaming services are building buzz (and winning awards) with exclusive original content. Enterprises don’t have to make their own TV shows or movies (though they certainly can). Training videos, self-help IT videos, product tutorials and other original content can also make enterprise apps more engaging.

5. Prioritize the user experience. Enterprise app users are also consumer app users, which means they know the difference between a great app and a mediocre one. They’re accustomed to seamless, personalized and rewarding app experiences, and they’re willing to pay for them. For business, they might have less choice about which apps to use, but they’re still more likely to engage with apps that are actually engaging.

Enterprises can learn much from consumer app trends about building their own apps and ensuring that they provide an engaging user experience — and the willingness to absorb that information can and will make all the difference toward producing apps that become widely adopted.

Source: https://mobilebusinessinsights.com/2018/05/consumer-spending-on-mobile-apps-5-takeaways-for-enterprises/

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$GZD.ca Grizzly Discoveries Acquires Cobalt-Copper-Silver… Robocop Property in Southeastern British Columbia $AMK.ca $EXS.ca $GGX.ca $GR.ca $GZD.ca $MQR.ca

Posted by AGORACOM at 10:26 AM on Wednesday, May 16th, 2018

https://s3.amazonaws.com/s3.agoracom.com/public/companies/logos/510891/hub/GZDnew.gif

  • Areas with significant historic cobalt-copper-silver in soil anomalies have been identified on the Robocop Property
  • Acquired a 100% interest in the Robocop Property subject to a 3% net smelter royalty
  • Issued to the Vendors 2,000,004 units, with each unit consisting of one common share of Grizzly and one transferrable share purchase warrant

 

Edmonton, Alberta–(Newsfile Corp. – May 16, 2018) – Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (“Grizzly” or the “Company”) is pleased to announce that it has acquired, subject to TSX Venture Exchange approval, five mineral claims in Southeastern BC pursuant to a Letter of Agreement announced on March 27, 2018.

The acquired claims, covering 9,891 acres and known as the Robocop Property, are located in southeastern British Columbia, approximately 45 kilometres (km) south of Fernie and 70 km southeast of Cranbrook, and immediately north of the Canada-USA border. The property is located east of Grizzly’s Greenwood Property in southeastern British Columbia.

The arm’s length vendors and the Company have signed a Purchase Agreement (“Agreement”) dated May 11, 2018 whereby Grizzly acquires a 100% interest in the Robocop Property subject to a 3% net smelter royalty (“NSR”) by issuing to the Vendors 2,000,004 units, with each unit consisting of one common share of Grizzly and one transferrable share purchase warrant. Each warrant will entitle the holder to acquire one further common share of GZD at an exercise price of $0.14 for a period of 3 years from the date of issuance.

The Robocop Property carries a 3% NSR in favour of certain of the vendors, and, under the terms of the Agreement, Grizzly has the right to purchase up to 2% of the NSR (down to 1% NSR) within two years after the delivery of a positive Feasibility Study for the Property, for the amount of $1,500,000.

The Agreement has been approved by the Company’s Board of Directors and has been submitted to the TSX Venture Exchange for approval. Upon receipt of TSX Venture Exchange approval, the Company intends to close the purchase agreement by issuing the units.

ABOUT THE ROBOCOP PROPERTY

Areas with significant historic cobalt-copper-silver (Co-Cu-Ag) in soil anomalies have been identified on the Robocop Property. Additionally, historic drilling during the 1990’s (Teck Explorations Ltd.) and early 2000’s (Ruby Red Resources) has yielded near surface grades of up to:

  • 0.18% Co, 0.28% Cu, 4.1 grams per tonne (g/t) Ag over 1 m core length (Pighin, 2009), and
  • 0.134% Co, 1.19% Cu and 33.8 g/t Ag over 1.23 m core length (Thomson, 1990)

for individual core samples. The Co-Cu-Ag mineralization is hosted in Sheppard Formation and is classified as Proterozoic sediment hosted mineralization. Grizzly believes that significant potential exists to expand the known extent of the known Co-Cu-Ag mineralization on the Property and further exploration is warranted. Grizzly is currently evaluating proposals for flying a helicopter airborne magnetic and conductivity survey, a first for the Robocop Property, to assist in identifying future drill targets, subject to financing.

ABOUT GRIZZLY DISCOVERIES INC.

Grizzly is a diversified Canadian mineral exploration company with its primary listing on the TSX Venture Exchange with 59.2 million shares issued, focused on developing its precious metals properties in southeastern British Columbia, and significant Potash and Diamond assets in Alberta. The Company holds or has an interest in: over 180,000 acres of precious-base metal and cobalt properties in British Columbia; metallic and industrial mineral permits for potash totalling more than 60,000 acres along the Alberta-Saskatchewan border, and more than 161,000 acres of properties which host diamondiferous kimberlites in the Buffalo Head Hills region of Alberta.

The technical content of this news release and the Company’s technical disclosure has been reviewed and approved by Michael B. Dufresne, M. Sc., P. Geol., P.Geo., who is the Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

On behalf of the Board,
Grizzly Discoveries Inc.
Brian Testo
President
(780) 693-2242

For further information, please visit our website at www.grizzlydiscoveries.com or contact Investor Relations:

Nancy Massicotte
IR PRO COMMUNICATIONS INC.
Tel: 604-507-3377
Toll Free: 1-866-503-3377
Email: [email protected]
www.irprocommunications.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.

Posted in All Recent Posts | Comments Off on $GZD.ca Grizzly Discoveries Acquires Cobalt-Copper-Silver… Robocop Property in Southeastern British Columbia $AMK.ca $EXS.ca $GGX.ca $GR.ca $GZD.ca $MQR.ca

HTC’s new phone is all about the #blockchain $SX $SX.ca $IDK.ca #Blockstation $AAO.ca $HPQ.ca

Posted by AGORACOM-JC at 10:25 AM on Wednesday, May 16th, 2018

  • There’s no doubt about it: “Blockchain” is the biggest tech buzzword of today, the equivalent of “web 2.0” at its heyday a decade ago, and naturally, everyone wants in.
  • Latest company to join the blockchain party is HTC, who has announced the HTC Exodus, a smartphone that fully embraces blockchain technology

Blockchain is a crucial technology that underlies Bitcoin. It’s a decentralized, cryptographically secured database that’s near-impossible to tamper with, which makes it great for securely storing financial transactions data. But after Ethereum expanded on Bitcoin’s original idea, letting anyone run fully fledged apps on the blockchain, we’ve seen everyone jump on the bandwagon, from photography companies to burger chains.

So is HTC just riding the hype without much substance? Not necessarily.

On a teaser website, HTC says the phone will be “dedicated to decentralized applications and security.” The company lists several ways in which the Exodus phone will do this: For example, it will support decentralized applications (Dapps) and it will have a hardware element that will connect to cryptocurrency wallets. Both of these are doable: There’s already a phone called Sikur that focuses on security and has a built-in cryptocurrency wallet, and Sirin labs has announced its cryptocurrency-oriented Finney phone in May.

HTC also claims that every Exodus phone will be a node — a vital part of Bitcoin and Ethereum’s architecture, which broadcasts messages across the network. “We want to double and triple the number of nodes of Ethereum and Bitcoin,” HTC’s site says. The idea is interesting, but running a node eats up processing power, storage and bandwidth. It’s already possible to run a Bitcoin or an Ethereum node on a smartphone, but optimizing this for the mass market is not trivial.

There’s no word on the phone’s specs, though things like camera performance would likely be secondary to the phone’s utility as a blockchain-friendly device.

For this project, HTC has assembled a team led by Phil Chen, who was one of the architects behind the Barnes & Noble Nook, as well as a long-time product manager at HTC.

There’s no word on the price, either, but you can already reserve the phone by giving up your email, here.

Source: https://mashable.com/2018/05/16/htc-exodus/#0KD87U04piq2

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Posted in All Recent Posts, Augusta Industries, Blockchain stocks, Blockstation, Canadian Blockchain Stocks, eSports Investing, Smallcap Blockchain stocks, St Georges Eco-Mining Technologies | Comments Off on HTC’s new phone is all about the #blockchain $SX $SX.ca $IDK.ca #Blockstation $AAO.ca $HPQ.ca

$NSM.ca Northern Sphere Mining Corp. Enters Blockchain Market by Forming a Strategic Alliance with Blockchain Ready Inc. $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM at 9:32 AM on Tuesday, May 15th, 2018

Nsm

  • Entered into a strategic alliance with Blockchain Ready Inc.
  • Company will work with BCR, using Northern Sphere’s Arizona and Ontario properties, to create, develop and commercialize the Blockchain Ready platform, which will include regulatory assistance, material tracking, and more.

Northern Sphere Mining Corp. (CSE: NSM) (OTCQB: NSMCF) (“Northern Sphere” or the “Company”) is pleased to announce it has entered into a strategic alliance with Blockchain Ready Inc. (“Blockchain Ready” or “BCR”) to advance a blockchain platform in the mineral exploration space.

The Company will work with BCR, using Northern Sphere’s Arizona and Ontario properties, to create, develop and commercialize the Blockchain Ready platform, which will include regulatory assistance, material tracking, and more. Northern Sphere’s properties offer exploration and potential for near term and small-scale production, which is an ideal combination for BCR to develop all aspects of its program in two mine friendly geographic locations. In consideration, Northern Sphere will have access to the Blockchain Ready platform.

The Blockchain Ready-Northern Sphere model will use blockchain technology in a strategic format that has the potential to revolutionize the way junior mining exploration is accomplished. Northern Sphere and BCR are also working with the Aboriginal Community to establish a blockchain model specifically designed to manage and streamline their relationships with mining companies. Northern Sphere has an excellent ongoing relationship with the Aboriginal Community, which will prove to be essential for all parties during BCR blockchain development.

The Company believes that this strategic alliance will place it at the front of this fast-emerging market and will provide Northern Sphere with an advantage over similar companies in the mining industry. The Company believes that blockchain is here to stay and will become the standard for the way mining companies move forward with their projects.

Northern Sphere believes in using leading edge technologies such as blockchain as well as artificial intelligence AI, hyperspec, advanced geophysics, geochem and 3 D modelling methods to advance its properties expeditiously and economically to the benefit of all of its stakeholders.

About Northern Sphere Mining Corp.

Northern Sphere is dedicated to growth through the acquisition and development of mining assets with an emphasis on gold, silver and copper. In efforts to expedite and optimize mineral targeting on its assets, the Company is employing cutting-edge exploration technologies to generate robust mining projects. Headquartered in Toronto, Ontario, Northern Sphere has a strong project pipeline of properties with a focus on gold, silver and other metal production in pro-mining jurisdictions.

About Blockchain Ready Inc.

Blockchain Ready is a private company that aims to forge strong relationships with Aboriginal Communities, mining and exploration companies, and governments, in order to help them realize the full potential of blockchain technology within the natural resource sector. Blockchain Ready was formed to develop and incorporate blockchain technology into the mining industry by working cooperatively with all stakeholders in order to simplify and streamline databases, increase security and efficiency, provide easier communication between Aboriginal Communities, industry, government, and other stakeholders, and to revolutionize the way companies and individuals explore and invest in mining properties. This advanced blockchain technology will mutually benefit the government, indigenous populations, and other mining companies by increasing the accountability of all parties, and by redirecting time and money to further discovery and development of mineral resources.

Cautionary Statements

This press release contains forward-looking statements which reflect Northern Sphere’s current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. Northern Sphere disclaims any obligation to update these forward-looking statements other than as required by applicable securities laws.

For further information, please contact:

A. John Carter
Chief Executive Officer
Northern Sphere Mining Corp.
Tel: 905-302-3843

 

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Esports Entertainment Group $GMBL Applauds Supreme Court Decision To Legalize Sports Gambling, Welcomes 3 USA Esports Teams To Affiliate Marketing Program $ATVI $TTWO $GAME $EPY.ca $TCEHF

Posted by AGORACOM-JC at 8:57 AM on Tuesday, May 15th, 2018

Esports large

  • Decision made by the Supreme Court Of The United States yesterday in which the Court ruled 6-3 to strike down the Professional and Amateur Sports Protection Act
  • 1992 law barred state-authorized sports gambling with some exceptions and made Nevada the only state where a person could wager on the results of a single game
  • Esports Entertainment Group enthusiastically welcomes this decision, which will have a paradigm shifting impact on the growth of the Company’s newly launched esports wagering platform VIE.gg
    • Industry’s most transparent esports wagering platform and the only dedicated esports bet exchange in the world

ST. MARY’S, Antigua, May 15, 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 inform shareholders of a decision made by the Supreme Court Of The United States (“SCOTUS”) yesterday in which the Court ruled 6-3 to strike down the Professional and Amateur Sports Protection Act (“PASPA”). The 1992 law barred state-authorized sports gambling with some exceptions and made Nevada the only state where a person could wager on the results of a single game.

Esports Entertainment Group enthusiastically welcomes this decision, which will have a paradigm shifting impact on the growth of the Company’s newly launched esports wagering platform VIE.gg, the industry’s most transparent esports wagering platform and the only dedicated esports bet exchange in the world.

ANTICIPATED IMPACT OF SCOTUS DECISION 

A Bloomberg article covering the decision stated as follows:

  • Americans place $150 billion in illegal sports bets every year.
  • The U.S. Supreme Court freed states to legalize gambling on individual sporting events, unleashing a race to attract billions of dollars in wagers and heralding a new era.
  • Sports gambling could begin in a matter of weeks with the number of states potentially reaching double digits by the end of the year.

With esports betting expected to reach $20 Billion by 2023 prior to yesterday’s SCOTUS decision, the Company now expects this estimate to increase by several more billion dollars.

3 USA ESPORTS TEAMS SIGN AFFILIATE MARKETING AGREEMENTS WITH VIE

Over the past several weeks, VIE has announced the signing of Affiliate Marketing Agreements with 36 esports teams, an accomplishment that has never before been achieved by any esports wagering platform in the world. The Company anticipates more Affiliate Marketing Agreements with esports teams in the coming weeks.  Three of these esports teams are based in the United States as follows:

Re:born CS
R1s1ngSta
Pride Stark

The Company welcomes these pioneering esports teams and looks forward to helping them achieve great success.

As a result of yesterday’s SCOTUS announcement, the Company will significantly increase its focus on esports teams located in the United States.

WHY ESPORTS TEAMS ARE SIGNING WITH VIE

Esports teams want to offer their fans a fair and transparent esports wagering experience. As the world’s only dedicated esports bet exchange, our P2P wagering model means players never play against the house with odds dictated by the house.  Rather, players set their own wagering terms between themselves, resulting in a player always winning.

VIE features wagering on the following esports games:

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

Grant Johnson, CEO of Esports Entertainment Group stated “This Supreme Court decision is another great victory in 2018 for esports wagering enthusiasts, which began with the launch of VIE earlier this year.  It is also another great milestone for our loyal shareholders that will now see a very large market open up to the Company.  Given the fact that VIE has already been so well received by 60 esports affiliates and 36 esports teams in such a short period of time, we expect that success and acceptance to accelerate on the heels of this decision. We are very excited at the possibilities created by this landmark decision.”

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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