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PyroGenesis $PYR.ca Submits Gen 2 PUREVAP™ Progress Report to HPQ Silicon Resources $HPQ.ca Inc.; Confirms Higher Yield and Rate

Posted by AGORACOM-JC at 9:44 AM on Monday, January 15th, 2018

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  • Gen 2 PUREVAP can operate semi-continuously as designed and under vacuum
  • Gen 2 PUREVAP provides a higher production yield and rate
  • 5.7 times more yield and 23 times more product

PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V:PYR) (OTCQB:PYRNF), a high-tech company (the “Company” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma waste-to-energy systems and plasma torch products, is pleased to announce today that it has submitted to its client, HPQ Silicon Resources Inc. (“HPQ”), a report entitled “Project Progress on GEN 2 PUREVAP”.

This report gives a summary of the first five (5) tests on the Gen 2 PUREVAP tests.  The main results of these initial tests are:

  • The Gen 2 PUREVAP can operate semi-continuously as designed and under vacuum. To our knowledge, this is the first time that this has ever been achieved.
  • The Gen 2 PUREVAP provides a higher production yield and rate (5.7 times more yield and 23 times more product).
  • The heat efficiency of the GEN2 is much better than GEN1. GEN2 achieves higher temperatures (i.e. more heat goes towards the process rather than being lost to various system components) and which allows for higher rate silicon production reactions and higher product purity.

“These initial Gen 2 results confirm the hypothesis we formulated when we initially designed this new reactor for higher yield and better performance.  The results also provide confirmation of our design parameters for the upcoming pilot phase of the project,” said Pierre Carabin, CTO of PyroGenesis.  “The next step will be to continue increasing the amount of material produced with the goal of being able to extract liquid metal directly from the reactor in operation.”

PyroGenesis has been engaged by HPQ to demonstrate, on a laboratory scale, that the PUREVAP™ process can produce high purity silicon metal from quartz in a one step process. Pursuant to a Can$8.3 MM contract signed with HPQ in August 2016, PyroGenesis is designing, fabricating, assembling, commissioning and testing a PUREVAP™ pilot system to produce silicon metal directly from quartz. The aim of the Gen 2 PUREVAP™ metallurgical testing program is to confirm previous findings, and to allow for downstream product testing as final steps are being put in place to assemble the Pilot Plant.

About PyroGenesis Canada Inc.

PyroGenesis Canada Inc. is the world leader in the design, development, manufacture and commercialization of advanced plasma processes. PyroGenesis provides technical and manufacturing expertise, cutting-edge contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (3D printing), oil & gas, and environmental industries. With a team of experienced engineers, scientists and technicians working out of our Montreal office and 3,800 m2 manufacturing facility, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. Its core competencies allow PyroGenesis to lead the way in providing innovative plasma torches, plasma waste processes, high-temperature metallurgical processes, and technical services to the global marketplace. Its operations are ISO 9001:2008 certified, and have been ISO certified since 1997. PyroGenesis is a publicly-traded Canadian corporation on the TSX Venture Exchange (Ticker Symbol:PYR) and on the OTCQB Marketplace (Ticker Symbol:PYRNF). For more information, please visit www.pyrogenesis.com

 

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

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

SOURCE PyroGenesis Canada Inc.

For further information: Rodayna Kafal, VP, Investor Relations and Communications, Phone: (514) 937-0002, E-mail: [email protected] or [email protected]

HPQ Silicon Resources $HPQ.ca Progress Report Confirms That GEN 2 PUREVAP™ Can Successfully Operate Under Vacuum In Semi-Continuous Feed Mode $FSLR $SPWR $CSIQ $NEP

Posted by AGORACOM-JC at 7:48 AM on Monday, January 15th, 2018

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  • Submitted a first progress report on results from the Gen 2 PUREVAP™ Quartz Reduction Reactor test work
  • Gen 2 PUREVAP™ reactor is operating as designed, and yielding results that are in line with expectations
  • Extremely promising for the PUREVAP™ ongoing development as process improvements and design modifications continue to be implemented

MONTREAL, QUEBEC–(Jan. 15, 2018) – HPQ Silicon Resources Inc. (“HPQ”) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to inform shareholders that PyroGenesis Canada Inc (PyroGenesis) has submitted a first progress report on results from the Gen 2 PUREVAP™ Quartz Reduction Reactor (“QRR”) test work. The Gen 2 PUREVAP™ reactor is operating as designed, and yielding results that are in line with expectations. This is extremely promising for the PUREVAP™ ongoing development as process improvements and design modifications continue to be implemented.

GEN 2 PUREVAP(TM) in operation: Inside view of Reactor (Top)

 

GEN 2 PUREVAP(TM) in operation: Inside view of the Reactor, (Top-hole opened)

 

GEN 2 PUREVAP(TM) in operation: Isolated Si Chunk size comparison of samples produced by Gen 1 (Left) and Gen 2 (right)

GEN 2 RESULTS START DEMONSTRATING COMMERCIAL SCALABILITY OF PUREVAP™ QRR

Key milestones to date:

  • Gen 2 PUREVAP™ has operated in semi-continuous feed mode under vacuum, over ever increasing time intervals;
  • Gen 2 PUREVAP™ completed 4 operating feed cycles, over 10-12 hours of operation;
  • Gen 2 PUREVAP™ can reach and, more importantly, maintain, the temperature ranges required for optimum operational parameters;
  • Gen 2 PUREVAP™ is achieving significantly higher production yield 5.7 times more (+469%) and production rate 23 times more (+2,259 %) compared to peak Gen 1 PUREVAP™ performance under similar testing conditions.

Very promising output results have also been attained:

  • The largest individual sample of Si produced to date with the Gen 2 PUREVAP™ is 8.5 grams; 8 times more massive than the maximum produced with Gen 1 PUREVAP™;
  • The total mass of Si produced during one Gen 2 PUREVAP™ test is 11.5 times greater than the average of the top 20 GEN 1 PUREVAP™ tests.

Bernard J. Tourillon, Chairman and CEO of HPQ Silicon stated, “Our methodical approach is producing exciting results as we successfully transition from a static lab scale under vacuum to a semi-continuous operating mode under vacuum, with enormous improvements in production. The market so far has not yet comprehended the scope of what has been accomplished, in the lab, and in our breakthrough agreement with Apollon Solar announced in December. Our objective in 2018 is to continue to build on our technical successes and commence the Pilot Plant phase with our ‘Solar Silicon Team’ of PyroGenesis and Apollon Solar, and to build market awareness. The addition of Apollon Solar to our technical team will allow further refinements to the silicon purification and testing of the numerous process improvements now planned for the Pilot Plant. We have started de-risking our project and our ongoing tests are providing valuable information as we continue to implement the adjustments needed to produce the Solar Grade Silicon Metal that will allow the manufacturing of multi and monocrystalline solar cells for high performance photovoltaic conversion.”

“We are pleased to join HPQ in announcing this significant milestone with respect to the scaling up of the PUREVAP™ process,” said P. Peter Pascali, President and CEO of PyroGenesis. “PyroGenesis has a track record of successfully taking new concepts from lab to commercialization. This is clearly demonstrated by our PAWDS waste destruction technology, which has been adopted by the US Navy, and more recently our proprietary Drosrite system, which has become a commercial phenomenon in its own right. We believe that simultaneously converting Quartz into High Purity Silicon Metal using a plasma arc within a vacuum furnace in a semi-continuous feeding mode is the beginning of another such success.”

KEY MILESTONES MOVING FORWARD

Milestones of the GEN 2 PUREVAP™ program in 2018 are:

  • Tapping Silicon Metal from the Gen 2 PUREVAP™;
  • Increasing production yield of Gen 2 PUREVAP™ over multiple test cycles from low grade feedstock;
  • Increasing production yield of Gen 2 PUREVAP™ over multiple test cycles from high grade feedstock;
  • Testing the Purity of the Si produced and implement additional methods to increase the final purity of the Si produced;
  • Testing electrical parameters of the High Purity Si;
  • Provide data to demonstrate the economics of PUREVAP™ QRR;
  • Adapt the methods and processes developed in GEN 2 PUREVAP™ to the final design and assembly of the Pilot Plant equipment.

Pierre Carabin, Eng., M. Eng., has reviewed and approved the technical content of this press release.

This Press Release Is Available On The Company’s CEO Verified Discussion Forum, A Moderated Social Media Platform That Enables Civilized Discussion and Q&A Between Management and Shareholders. La version française du communiqué de presse est disponible sur http://www.hpqsilicon.com.

About HPQ Silicon

HPQ Silicon Resources Inc. is a TSX-V listed resource company planning to become a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic conversion.

HPQ goal is to develop, in collaboration with industry leaders that are experts in their fields of interest, the innovative metallurgical PUREVAP™ “Quartz Reduction Reactors (QRR)” process (patent pending), which will permit production of the highest efficiency SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule for 2018.

Disclaimers:

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

Neither the TSX Venture Exchange 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.

To view the images accompanying this press release, please visit the following links:

http://media3.marketwire.com/docs/HPQ_Inside_Reactor(Top)_800.jpg

http://media3.marketwire.com/docs/HPQ_Inside_Reactor(Top-hole-opened)_800.jpg

http://media3.marketwire.com/docs/HPQ_Isolated_Si_comparison_samples_800.jpg

Shares outstanding: 191,979,173

 

Contact Information

 

HPQ Silicon Resources Inc.
Bernard J. Tourillon
Chairman and CEO
(514) 907-1011

HPQ Silicon Resources Inc.
Patrick Levasseur
President and COO
(514) 262-9239
www.HPQSilicon.com

 

St-Georges $SX.ca $SXOOF Subsidiary ZeU #Crypto Networks Signs Letter of Intent to Acquire all Qingdao Tiande Technologies’ Assets $IDK.ca $HIVE.ca $CODE.ca $BLOC.ca

Posted by AGORACOM-JC at 9:42 PM on Sunday, January 14th, 2018

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  • Wholly owned subsidiary, ZeU Crypto Networks Inc entered into a non-binding letter of intent to acquire all of the Blockchain and Smart Contract Technologies assets of Qingdao Tiande Technologies Inc.
  • Pursuant to the terms of the LOI, the proposed consideration for the Transaction is an aggregate amount of CND$150 million payable through the issuance of 150,000,000 common shares and 75,000,000 Shares purchase warrants in the capital of ZeU

Montreal, January 14, 2018 – St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) announces that its wholly owned subsidiary, ZeU Crypto Networks Inc. (“ZeU”), a private blockchain technology company, has entered into a non-binding letter of intent (“LOI”) to acquire all of the Blockchain and Smart Contract Technologies assets (the “Transaction”) of Qingdao Tiande Technologies Inc. (“Tiande”), a Chinese private company.

Pursuant to the terms of the LOI, the proposed consideration for the Transaction is an aggregate amount of CND$150 million payable through the issuance of 150,000,000 common shares (“Shares”) and 75,000,000 Shares purchase warrants (“Warrants”) in the capital of ZeU. Each Warrant will entitle the holder to acquire one (1) Share at a price of CND$1.00 for a period of three (3) years following the date ZeU completes a transaction pursuant to which its common shares will either be listed on a recognized stock exchange in North America, or will be exchanged for common shares of a reporting issuer listed on a recognized stock exchange in North America.

On January 4, 2018 St-Georges (the “Company”) announced it was granted an exclusive global license to Tiande’s Blockchain and Smart Contract technology for mineral commodity production, trading and tracking. The Company assigned the License to ZeU in consideration of 20,000,000 common shares of ZeU. Whereas St-Georges owned 100% of ZeU with a license specific to the mineral commodity space, upon successful completion of the transaction, St-Georges will share ownership in ZeU, with global application reach.

“We are thrilled to enter into this agreement with Tiande and their world class scientific team. Dr. Tsai has laid out a plan to deploy what many industry experts believe to be a world class Blockchain ecosystem that stands at the threshold of a new, far-reaching technological revolution.  The assets being acquired today, from the patents to the commercial and sovereign relationships and the significant human capital, are second to none in the domain.  Our Ecosystem is ready to be deployed in this quarter, starting with the SandBox initiative and quickly followed by the BigData suite of solutions. Finally, the biggest and most significant mass application project, The “Internet of Blockchains” (IoB), will be released before the end of 2018.  Response to IoB in every meeting with industry specialists has been significant and, in some cases, has triggered discussions into the realm of what was once unimaginable” said Frank Dumas, CEO and President of St-Georges and ZeU.

The Transaction is anticipated to close on or before February 28, 2018 with a definitive purchase agreement being entered into on or before February 5, 2018. The Transaction is subject to the approval of the Canadian Securities Exchange and certain conditions pursuant to the terms of the LOI, including the completion of a CND$20 million financing on term acceptable to ZeU and satisfactory due diligence.

ON BEHALF OF THE BOARD OF DIRECTORS

“Frank Dumas”

 

FRANK DUMAS, PRESIDENT & CEO

About St-Georges

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

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

For Press Release Inquiries: 514.295.9878 or [email protected]

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

The biggest companies sponsoring #Esports teams and tournaments $GMBL $KO $ATVI $TTWO $GAME $EPY.ca

Posted by AGORACOM-JC at 11:17 AM on Friday, January 12th, 2018
  • Esports and competitive gaming are growing in popularity and gaining viewership each month
  • Current value of the eSports market is approximately $900 million, a figure that should continue to rise throughout the year
  • International 2017, the world championships for Dota 2, broke the record for the largest prize pool in eSports history at $24,787,916

By: Andrew Meola

eSports and competitive gaming are growing in popularity and gaining viewership each month. The current value of the eSports market is approximately $900 million, a figure that should continue to rise throughout the year.

Consider that the prize pools for the most popular eSports games (League of Legends, Dota 2, Call of Duty) get richer with each passing year. The International 2017, the world championships for Dota 2, broke the record for the largest prize pool in eSports history at $24,787,916. But more impressive is that every International since 2014 has accomplished that feat.

And as with any successful industry, a greater valuation means more money will follow. For competitive gaming, that has taken shape in the form of eSports sponsors and gaming sponsorships. These eSports sponsorship deals are helping push international competitions from a niche segment to full-fledged sporting events.

Below, we’ve compiled an eSports sponsors list that highlights some of the major companies that are attaching their names and dollars to competitive gaming.

Intel: Has sponsored Intel Extreme Masters along with ESL (Electronic Sports League) since 2006. This is the longest-running eSports tournament in existence.

Melia Robinson

Coca-Cola: The soda giant sponsors the League of Legends World Championship, one the largest eSports competitions on earth. But to take it a step further, Coca-Cola and Riot Games partnered with some cinemas to host more than 200 simultaneous viewing parties for the 2016 League of Legends World Championships throughout the U.S., Canada, and Europe.

Comcast Xfinity: The cable and internet provider sponsors both ESL and the eSports team Evil Geniuses, which competes at the highest levels in Dota 2, League of Legends, and more.

Red Bull: Energy drinks such as Red Bull are major proponents of eSports. The company began by sponsoring tournaments for Blizzard’s StarCraft 2 and then branched out into Dota 2. Red Bull sponsors competitions and teams, such as Tempo Storm.

Mountain Dew: The soft drink company sponsors several eSports teams, including Team Dignitas, Splyce, and Team SK Gaming. It also started the Mountain Dew League, which helps amateur teams try to make it to the pros.

T-Mobile: The wireless carrier sponsored eSports organizations TSM and Cloud9 starting in August 2017. T-Mobile also sponsored Twitch’s E3 fighting game tournament “Twitch Esports Arena” in June 2017 at the Staples Center in Los Angeles.

Mobil 1: The synthetic motor oil brand sponsors the Rocket League Championship Series. It’s a natural fit, as Rocket League is a game in which two teams of three remote-controlled cars play soccer.

Audi: The German automaker began sponsoring Counter-Strike: Global Offensive team Astralis in January 2017.

Airbus: The aeronautics company announced a sponsorship with eSports team Out of the Blue in October 2017.

More to Learn

As the eSports market grows, more sponsors and investors will flow into the industry, which will create a booming opportunity for all the players involved. To see how it all fits together, BI Intelligence, Business Insider’s premium research service, has put together a comprehensive guide on the future of professional gaming called The eSports Ecosystem.

Source: http://www.businessinsider.com/top-esports-sponsors-gaming-sponsorships-2018-1

2018: The Year #Blockchain and Artificial Intelligence #AI Converge $IDK.ca $SX.ca $SXOOF #Blockstation $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 10:14 AM on Friday, January 12th, 2018
  • Blockchain technology, which powers most cryptocurrencies, is in nascent stages
  • This past year, we started seeing some early proof points of how this new infrastructure can be used,
  • Including the announcement by the Australian Securities Exchange that it would replace its current post-trade settlement process with a blockchain system, after running both concurrently.
Jan 12, 2018 at 09:14 UTC

Jalak Jobanputra is founder and managing partner of Future\Perfect Ventures, an early-stage venture fund investing in decentralization and digital assets.

The following article is an exclusive contribution to CoinDesk’s 2017 in Review.

2017 was the year that cryptocurrency became mainstream.

But what’s even more exciting to many of us who have been investing in the sector for the past several years is the development of the underlying technology.

Blockchain technology, which powers most cryptocurrencies, is in nascent stages. This past year, we started seeing some early proof points of how this new infrastructure can be used, including the announcement by the Australian Securities Exchange that it would replace its current post-trade settlement process with a blockchain system, after running both concurrently.

This reminds me of the process large enterprises went through in the late 1990s and early 2000s as they moved from client-server software to web-based software, transitioning their supply chain and procurement processes online. They conducted extensive return on investment (ROI) studies to justify the upfront cost of replacing current systems. Twenty years later, the ROI is obvious, but many companies viewed the risk as significant at the time.

I believe we’ll continue to see more companies across more industries in 2018 take a look at how blockchain technology can create efficiencies (and potentially new business models in the future).

When I launched Future\Perfect Ventures in 2014 around the thesis of decentralization, I was most excited about the combination of blockchain with other emerging technologies, including machine learning/AI, security and internet of things. In this way, I expect 2018 will be the year that we start to see the convergence of these technologies to truly create the decentralized computing and communications platforms of the future.

Decentralization, by its very nature, requires that more intelligence shifts to nodes instead of residing in one central server.

We will continue to see the development of semiconductors that are capable of advanced computing in smaller and smaller devices. As devices at the edge become smarter, the smart contracts enabled by blockchain platforms will work better with more advanced data analytics capabilities.

I see a mini-brain in each of our devices, ranging from simplistic ones to ones capable of processing larger datasets and making decisions based on that data.

The open availability of more data and smarter processing at the nodes will enable broader datasets available to more companies and people, instead of proprietary data ownership that currently exists within companies such as Facebook and Google. More importantly, that data will be diverse and representative of the world we live in, instead of being filtered by a few companies that reside in one geography.

While this may not all happen within the next year, we have started an inevitable march towards that future, one that will be even more transformative than the internet was.

Weaving machine via Shutterstock

The leader in blockchain news, CoinDesk strives to offer an open platform for dialogue and discussion on all things blockchain by encouraging contributed articles. As such, the opinions expressed in this article are the author’s own and do not necessarily reflect the view of CoinDesk.

For more details on how you can submit an opinion or analysis article, view our Editorial Collaboration Guide or email [email protected].

Source: https://www.coindesk.com/2018-year-blockchain-ai-iot-converge/

INTERVIEW – Namaste $N.ca $NXTTF Global Bevarage Supply Agreement With Phivida $VIDA.ca Sets It On The Path Towards Becoming “Namazon”

Posted by AGORACOM-JC at 8:08 PM on Thursday, January 11th, 2018

Today’s press release from Namaste is one of the most important in recent months – but you wouldn’t know it from the press release headline announcing a “supply agreement”.
This is no ordinary supply agreement … this is a GLOBAL supply agreement for CBD infused beverages, with a company whose management can be summarized as follows:

“Phivida’s management team has a strong background from the beverage industry to branding, including former senior executives from Redbull, Proctor and Gamble and McKesson’s”

It gets better … because this is what they said about our Namaste:

“John – David Belfontaine, President and CEO of Phivida reports: “As Phivida continues to expand is CBD product offerings into a $1 Trillion global health and wellness markets, it is critical that we secure the strongest distribution partners. Ecommerce and digital marketing is a core horizontal within our greater strategic business plan, and Namaste is an ideal partner to expand our online presence into emerging markets around the world. We look forward to launching our global digital marketing and distribution platform with Namaste’s support as a key strategic partner.”

When a management team formerly from Redbull, P&G and McKesson’s think this highly of your company, you can only come to one conclusion..

Namazon

ThreeD Capital’s $IDK.ca Artificial Intelligence Investment, #Goldspot Discoveries, Completes $1.3 Million Financing With A Prolific Mining Financier and Hochschild Mining $PNP.ca $ZC.ca

Posted by AGORACOM-JC at 11:20 AM on Thursday, January 11th, 2018

Threed capital

  • Goldspot recently completed a $1.3 million equity financing from a prolific mining financier, as well as Hochschild Mining plc
  • Hochschild is a leading British-based silver and gold mining company operating in North, Central and South America
  • Hochschild produced 17.3 million ounces of silver and 246 thousand ounces of gold
  • Revenues in 2016 were US$688 million
  • Trades on the London Stock Exchange with a market capitalization of US$1.7 billion

TORONTO, Jan. 11, 2018 — ThreeD Capital Inc. (the “Company”) (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 the following news from Goldspot Discoveries Inc. (“Goldspot”), a developer of Artificial Intelligence capable of significantly improving mineral exploration targeting.  ThreeD owns approximately 18% of Goldspot’s common shares.

FINANCING FROM A PROLIFIC MINING FINANCIER AND HOCHSCHILD MINING

Goldspot recently completed a $1.3 million equity financing from a prolific mining financier, as well as Hochschild Mining plc (“Hochschild”).  Hochschild is a leading British-based silver and gold mining company operating in North, Central and South America. In 2016, Hochschild produced 17.3 million ounces of silver and 246 thousand ounces of gold. Hochschild revenues in 2016 were US$688 million and currently trades on the London Stock Exchange with a market capitalization of US$1.7 billion.

“We are pleased that such key influencers in the mining sector have such confidence in our vision. More importantly, it is testament to the merits of our technology that one of our first clients has a vested interest in our success,” states Denis Laviolette, CEO and President of Goldspot Discoveries. “We believe that big data and machine learning are poised to disrupt the entire mining sector. Our innovation is reinvigorating an archaic sector, reducing significant risk, while giving our stakeholders the most torque for their buck.”

RAMON BARUA AND SHELDON INWENTASH ADDED TO BOARD OF DIRECTORS

Along with the completion of this financing, Goldspot announced the appointment of Ramón Barúa and Sheldon Inwentash to the Board of Directors.

Mr. Barúa is currently the CFO of Hochschild Mining plc, a leading underground precious metals producer focusing on high grade silver and gold deposits, with over 50 years’ operating experience in the Americas. Prior to his appointment, Mr. Barúa served as CEO of Fosfatos del Pacifico, a mining project in northern Peru owned by Cementos Pacasmayo, an associate company of the Hochschild Group. During 2008, Mr. Barúa was the General Manager for Hochschild Mining’s Mexican operations, having previously worked as Deputy CEO and CFO of Cementos Pacasmayo. Prior to joining Hochschild, Mr. Barúa was a Vice President of Debt Capital Markets with Deutsche Bank in New York for four years and a sales analyst with Banco Santander in Peru.

Mr. Inwentash has more than 30 years of investing experience and success, financing hundreds of private and public start-up companies. The Financial Post called him a “A World Leader in financing junior resource firms”. Through two decades leading Pinetree Capital, Mr. Inwentash created significant shareholder value through early investments and subsequent exits in companies such as Queenston Mining (acquired by Osisko Mining Corp. for $550-million), Aurelian Resources (acquired by Kinross for $1.2-billion) and Gold Eagle Mines (acquired by Goldcorp for $1.5-billion), with the firm’s market capitalization exceeding $1 Billion at its peak.

Mr. Inwentash stated, “I want to congratulate Denis and the Goldspot team for achieving yet another important milestone.  Attaining this level of acceptance with two significant influencers in global mining provides third party validation of their Artificial Intelligence capabilities.  I believe this new and disruptive area of Artificial Intelligence will revolutionize the approach toward mineral discovery forever.”

About Goldspot Discoveries Inc.

Goldspot Discoveries is a technology/investment company that has developed a machine-learning algorithm capable of significantly improving mineral exploration targeting on both a regional and local scale. The Goldspot Algorithm is proven to mitigate investment risk and increase the efficiency and success rate of exploration in data-rich environments.  The company plans to lever this technology to create a new and exciting investment opportunity for the market, and to give its stakeholders the greatest upside in the mining sector while reducing the risk.

Goldspot Discoveries is aiming to completely change the investment decision model by using the Goldspot Algorithm to stake acreage, acquire projects and royalties, and invest in public vehicles to ultimately create a portfolio of assets with the greatest reward to risk ratio. Already, the company has staked highly prospective targets in the Abitibi region and is currently working with companies to delineate further targets in Ontario, West Africa, Nevada, Arizona, and South America.

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]
telephone: 416 606 7655

Monarques Gold $MQR.ca intersects 61.48 g/t Au over 3.9 metres (12.8 feet) at the Beaufor Mine $MUX.ca $SII.ca

Posted by AGORACOM-JC at 8:54 AM on Thursday, January 11th, 2018

  • New zones subparallel to Zone Q intersected with significant grades of:
    • 61.48 g/t Au over 3.9 metres, including 361.00 g/t Au over 0.7 metres
    • 39.05 g/t Au over 1.8 metres, including 99.95 g/t Au over 0.7 metres
    • 15.44 g/t Au over 3.0 metres, including 49.55 g/t Au over 0.8 metres
  • A new area, Zone 1700, returns a grade of:
    • 12.33 g/t Au over 1.6 metres, including 36.25 g/t Au over 0.5 metres

MONTREAL, Jan. 11, 2018  – MONARQUES GOLD CORPORATION (“Monarques” or the “Corporation”) (TSX.V:MQR) (OTCMKTS:MRQRF) (FRANKFURT:MR7) is pleased to report the results of its exploration drilling program at the Beaufor Mine. The 2,239-metre program was aimed at increasing the resource in two sectors of the Beaufor Mine, Zone Q and Zone 1700.

Zone Q Sector

Zone Q is the main zone of current production at the Beaufor Mine.

Two new holes were drilled in the eastern extension of Zone Q, outside the known mineralized envelope, to test the continuity of the structure and check for the presence of mineralized veins in the hangingwall and footwall of the zone. Holes 150-60a and 150-61 (see Sections 1810E and 1855E) were drilled to a depth of 534 and 558 metres, respectively. They intersected Zone Q, as well as several mineralized veins (QH Zone) located 20 to 60 metres from the hangingwall of the zone. A number of mineralized veins were also intersected 10 to 100 metres away from the Zone Q footwall (QF Zone).

These new mineralized zones are similar in nature to the typical known veins at the Beaufor Mine, which are quartz-tourmaline veins with disseminated pyrite associated with diorite dikes.

The best results returned by Zones QH and QF were as follows:

  • Hole 150-60a intersected 15.44 g/t Au over 3.0 metres, including 49.55 g/t Au over 0.8 metres; and 7.70 g/t Au over 2.0 metres, including 14.10 g/t Au over 0.5 metres.
  • Hole 150-61 intersected 61.48 g/t Au over 3.9 metres, including 361.00 g/t Au over 0.7 metres; and 39.05 g/t Au over 1.8 metres, including 99.95 g/t Au over 0.7 metres.

These two holes, spaced at about 45 metres apart, appear to confirm the lateral continuity of Zone QH and Zone Q, which may remain open to the east.

“These initial drill results confirm the strong exploration potential in the area to the east of Zone Q,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarques. “The intersection of several lenses with significant grades on both sides of the zone is ample reason to explore the area in more detail. Our strategy is to continue testing the mineralization in the east and at depth in order to increase the mineral resource at the Beaufor Mine.”

Zone 1700 Sector

The Zone 1700 sector lies east of the 1500 level of the Beaufor Mine, 458 metres below surface. A few historical holes intersected mineralized lenses with gold values of over 3 g/t.

Four new holes were drilled to test the extensions of those mineralized lenses. The results for holes 152-18, 160-14, 168-04 and 176-01 provided a better understanding of the structure and size of the lenses (see 1500 level plan). Zone 1700 remains open vertically but is not laterally continuous and may be confined by two structures striking N80°.

The most significant grades were intersected in holes 160-14 and 152-18 and appear to indicate the presence of two new zones:

  • Hole 160-14 intersected 10.75 g/t Au over 0.7 metres; 12.33 g/t Au over 1.6 metre, including 36.25 g/t Au over 0.5 metres; and 10.42 g/t Au over 1.1 metres, including 20.30 g/t Au over 0.5 metres.
  • Hole 152-18 intersected 14.25 g/t Au over 0.5 metres.

The extensions of these mineralized lenses are still not well defined and additional drilling is needed for a better understanding of their geometry.

Quality control and qualified person
Sampling normally consists of sawing the core into two equal halves along its main axis and shipping one of the halves to the ALS Minerals laboratory in Val-d’Or for assaying. The samples are crushed, pulverized and assayed by fire assay with atomic absorption finish. Results exceeding 10.0 g/t are re-assayed using the gravity method. Certified standards and blanks are inserted into the sampling stream for quality control purposes.

The technical and scientific content of this press release has been reviewed and approved by Élise Bourgault, P.Geo., the Corporation’s qualified person under National Instrument 43‑101.

ABOUT MONARQUES GOLD CORPORATION

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

Forward-Looking Statements

The forward-looking statements in this press release involve known and unknown risks, uncertainties and other factors that may cause Monarques’ actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Table 1:  Summary of drill results on the Beaufor Mine

Zone Q sector: True width is approximately 80% of the length of the intersection.
Zone 1700 sector: True width is approximately 50% of the length of the intersection.

SOURCE Monarques Gold Corporation

View original content with multimedia: http://www.newswire.ca/en/releases/archive/January2018/11/c3572.html

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

2018 Ground Geophysics Update at the River Valley Platinum Group Metals #PGM #Palladium Project, Sudbury Mining District, Ontario $N.ca $WG.ca $XTM.ca $WM.ca

Posted by AGORACOM-JC at 6:59 PM on Wednesday, January 10th, 2018

New age large

  • Line cutting is near completion in the footwall region of the River Valley Deposit
  • Ground IP geophysics on new footwall discovery will commence January 20th to test the footwall regions of the T4 to T9 anomalies
  • Footwall PGM mineralization is a new and additional source of PGMs at the River Valley project and it will be included in the new resource model.
  • Updated NI 43-101 resource calculations with WSP Canada have commenced and will include all the new data on the deposit and the recently acquired southern extension.
  • The new resource calculation is expected to be completed in Q1-2018
  • Mineralogical testing is ongoing
  • River Valley is the Largest Undeveloped Primary PGM resource in Canada, with 3.9Moz PdEq in Measured Plus Indicated including an additional 1.2Moz PdEq in Inferred and has excellent infrastructure within 100 kilometers to the Sudbury Metallurgical complex.
  • The Price of Pallidum the prominent metal at River Valley is trading at $1,078USD (Jan 10, 2018) near its all-time high based on limited supply and increasing demand.

Vancouver, Canada / January 10, 2018 – New Age Metals Inc. (TSX.V: NAM; OTCQB: PAWEF; FSE: P7J.F) is pleased to provide an update of exploration activity at the company’s River Valley PGM Deposit in Ontario. Field exploration presently is concentrated on the upcoming ground IP geophysical survey. WSP Canada is currently working on the upgraded 43-101 compliant resource calculation and mineralogical test of the different PGM grades is ongoing.

The geophysical survey will be a high-resolution OreVision(R) IP survey performed by Abitibi Geophysics (Thunder Bay, Ontario). OreVision IP can reveal targets at four times the depth of conventional IP without compromising near-surface resolution. The goal of the geophysical survey is to test the footwall portion to the main River Valley PGM Deposit, southward of the Pine Zone IP survey (News Release: Jun 19th, 2017) and to cover the area between target anomalies T4 to T9 (Figure 1). This area represents a survey strike length of approximately 2000 metres. The linecutting and grid is near completion and the IP crews are scheduled to mobilize on site for January 20th.

Upon completion of the geophysics, the company will outline a series of drill programs to test the geophysical anomalies generated from the survey. The goal is to examine the potential for continuous PGM mineralization into the footwall area of the main River Valley PGM Deposit.

WSP Canada (News Release: Sept 7th, 2017) is progressing through the new resource calculation for the River Valley PGM Deposit under the supervision of Todd McCracken, Manager-Mining at WSP Canada. The new resource model and calculation will incorporate all the past data, geophysics, new drilling since 2012 and the River Valley Extensions (previous Mustang Minerals ground).


Click Image To View Full Size

Figure 1: Drill Hole Distribution Map in the Northern Portion of the River Valley PGM Deposit Showing Regions of Upcoming IP Geophysics.

(Image only represents approximately 3.5 km of the overall strike length of the deposit)

In 2016, the company obtained the Mustang Minerals’ southern portion of the River Valley PGM Deposit (River Valley Extension, News Release – Oct 5th, 2016). This added 4 kilometres of mineralized strike length to the company’s River Valley PGM Deposit.

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 Canada’s largest primary undeveloped PGM deposit with Measured + Indicated resources of 91 million tonnes @ 0.58 g/t Palladium, 0.22 g/t Platinum, 0.04 g/t Gold, with a total metal grade of 1.28 g/t at a cut-off grade of 0.8 g/t PdEq for 2,463,000 ounces PGM plus Gold. This equates to 3,942,910 PdEq ounces. In the Northern portion of the project (Dana North), not including the new high-grade Pine Zone, there is 24 million tonnes @ 1.58 PdEq. The River Valley PGM-Copper-Nickel Sulphide mineralized zones remains open to expansion. The company has recently completed a drill program on the Pine and T3 Zones.

ABOUT NAM’S LITHIUM DIVISION

The Company has five pegmatite hosted Lithium Projects in the Winnipeg River Pegmatite Field, located in SE Manitoba. Three of the projects are drill ready

Recently NAM announced (News Release: Dec 12th, 2017) a signed Letter of Intent with Azincourt Energy Corp for the Manitoba Lithium Projects.. 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, under its subsidiary Lithium Canada Developments, is one of the largest mineral claim holders in the Winnipeg River Pegmatite Field and is seeking JV partners to further develop the company’s Lithium Division.

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

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.

The Explosive Growth of #Esports – Trends to Watch in 2018 $GMBL $ATVI $TTWO $GAME $EPY.ca

Posted by AGORACOM-JC at 3:00 PM on Wednesday, January 10th, 2018

Esport accomplishments in 2017:

  • Intel Extreme Masters held its premiere tournament in Katowice, Poland with on-site attendance of 173,000 fans, making it the biggest live event in esports history
  • Blizzard opened a dedicated esports stadium called Blizzard Arena at the former studio of The Tonight Show with Johnny Carson
  • The League of Legends World Championship reached 60 million unique viewers online, compared to 43 million in 2016
  • Overwatch League signed 12 teams for the first-ever global city-based esports league, featuring investments made by some of the most successful owners in the world of sports: Robert Kraft (New England Patriots, New England Revolution), Jeff Wilpon (New York Mets), Stan Kroenke (Los Angeles Rams, Denver Nuggets, Colorado Avalanche, Colorado Rapids, Arsenal FC), Andy Miller (Sacramento Kings) and other noteworthy names from both traditional sports and esports

By Jesse Steinberg, Account Supervisor, Taylor

As an avid fan of video gaming and a counselor to some of the most innovative brands in the space, I can confidently say that 2017 was a banner year for esports. Just look at all of the breakthrough accomplishments last year (list after video). But first, it’s worth taking a moment to watch this video that highlights the celebrities who have made investments in esports:

Esport accomplishments in 2017:

  • Overwatch League signed 12 teams for the first-ever global city-based esports league, featuring investments made by some of the most successful owners in the world of sports: Robert Kraft (New England Patriots, New England Revolution), Jeff Wilpon (New York Mets), Stan Kroenke (Los Angeles Rams, Denver Nuggets, Colorado Avalanche, Colorado Rapids, Arsenal FC), Andy Miller (Sacramento Kings) and other noteworthy names from both traditional sports and esports
  • Riot introduced a franchising model for teams powered by  investments from mostly NBA team owners and the endemic gaming space
  • Intel Extreme Masters held its premiere tournament in Katowice, Poland with on-site attendance of 173,000 fans, making it the biggest live event in esports history
  • Blizzard opened a dedicated esports stadium called Blizzard Arena at the former studio of The Tonight Show with Johnny Carson
  • The League of Legends World Championship reached 60 million unique viewers online, compared to 43 million in 2016

So where does the sport evolve from here and what does it mean for current and prospective sponsors and their partners? Our experience and alliance working with client partners Comcast and Activision Blizzard (and its Overwatch League) tell us the marketing opportunities within esports will only continue to accelerate and diversify. Here are four overarching trends we’ve identified for the next 12 months within this dynamic industry:

  1. Mainstream consumer awareness of esports will grow faster than predictedWith increased investments from celebrities, teams, and non-endemic brands, it’s not a surprise that esports is growing at an unprecedented rate. Nielsen reported in 2016 that 14% of Americans aged 13 and older are avid fans of esports. And according to industry research group Newzoo, 1.3 billion people worldwide are aware of esports. That leaves more than six billion people around the world who are not aware of esports. Talk about opportunity!The reason behind esports’ record growth and global awareness is because the industry continues to blend in seamlessly with traditional sports and our cultural fabric. As an example of esports and traditional sports culture colliding, Overwatch League aired an ad on ESPN during the 2017 ESPYs awards show (you can watch it here). In case you didn’t watch it live – you’ll see more esports awareness plays like that plugged into bigger cultural moments (football Sundays maybe? Super Bowl even?) where you won’t be able to miss it.
  2. Blue chip, non-endemic brands will continue investing in esports through sponsorshipsThis trend isn’t new to 2018 since it’s technically already happening. Companies like BMW, Mercedes-Benz, Jack in the Box, Intel, Snickers, Coca-Cola and others are diving into the space,  innovating across an industry that has already generated  $1.5 billion in 2017 alone. At this rate, esports is projected to bring in $2.3 billion by 2022, according to statistics company SuperData.What we will see in 2018 is the accelerated pace of new brands entering the space and the sophistication and reach of these partnerships. No longer is the market so fragmented that brands can’t get a good read on their ROI. Stability and projected longevity from entities like Overwatch League and Riot’s League Championship Series will offer brands more visible, global, robust platforms from which to activate and leverage their sponsorships.
  3. More celebrities, pro athletes, and team owners will be involved in professional esports The massive growth of esports has not only caught the eyes of brands and team owners. The dizzying pace at which celebrities and pro athletes are investing in esports teams, leagues, tech companies, etc. will be an intriguing sidelight to the growing allure of esports. Just to rattle off a few names who entered the space in 2017:
    • Marshawn Lynch
    • Jennifer Lopez
    • Joe Montana
    • Shaquille O’Neal
    • Robert Kraft

      These investments are just another indication of the benefits esports has to offer. Smart investors who jump in early will ultimately reap the rewards of brand integration and awareness and increased revenue stream. This year, when the Kraft Group bought into the Overwatch League, Robert Kraft, chairman, and CEO of the Kraft Group, said this decision was made after careful and extensive research in the industry.
      “We have been exploring the esports market for a number of years and have been waiting for the right opportunity to enter,” said Kraft. “The incredible global success of Overwatch since its launch, coupled with the League’s meticulous focus on a structure and strategy that clearly represents the future of esports made this the obvious entry point for the Kraft Group.”

    Be prepared for many more global influencers to align with the sport. Remember, everyone wants to be first in line when something special rolls around and because this industry is still in its formative years, the opportunities to invest have a very high ceiling. For more on this, see the video above. 

4. Broadcast/streaming convergence as big media players battle for valuable media rights.

Are we moving to a premium viewing model in esports like some experts predict? The answer is not entirely – at least for now. But what will happen is more deals being made with significant streaming partners like Facebook, Twitter, YouTube and, of course, Twitch. And when you look at the younger audience demographics, it’s easy to understand why esports has found a home on these platforms. In addition to online media, mainstream television networks will also jump in to grab a piece of this lucrative pie. In 2016, Turner made a bold move by investing in esports. This year, ESL announced a partnership with former Fox Sports chief  David Hill to launch “eSports by Hill” which will provide premium broadcast experiences to esports.

The esports industry is growing at an exponential rate year-over-year. Media rights, advertising, merchandise sales, sponsorship opportunities and revenue streams are all increasing by double digits each year  — and we see no end in sight. Taking the aforementioned four trends into account, marketers should not view esports as building toward a bubble.

With hundreds of millions of streaming hours viewed and revenue generated in this space, we can’t point to a reason why NOT to invest in an area with such a significant potential for marketers.

Source: https://www.holmesreport.com/agency-playbook/sponsored/article/the-explosive-growth-of-esports-trends-to-watch-in-2018