Posted by AGORACOM-JC
at 7:31 PM on Sunday, April 18th, 2021
“Small Cap iGaming Super Company” FansUnite Entertainment $FANS $FUNFF recently provided a corporate update that turned heads. The first quarter of 2021 saw a record $28.3M in betting volume and a 136% increase in revenue for McBookie compared to the same period in 2020 as well as other key developments.
We sat down with Scott Burton, CEO of FansUnite Entertainment, to talk about the rapid growth of B2C betting platform McBookie, entering the UK market, sports betting legalization in Canada, and more. Check out the interview down below.
Posted by AGORACOM-JC
at 5:53 PM on Friday, April 16th, 2021
Entered into an arm’s length share purchase agreement with the shareholders of Samurai Motion Tracking Corp. whereby the Company has agreed to acquire all of the issued and outstanding share capital of Samurai
Acquisition demonstrates Binovi’s commitment to continually evolve our technology offering with adoptable resources to SaaS stack
VANCOUVER, BC / April 16, 2021 /Binovi Technologies Corp. (“Binovi” or the “Company’) (OTCQB:BNVIF) (TSX-V:VISN) (GR:2EYA) a leader in neuro-vision performance technology, is pleased to announce that it has entered into an arm’s length share purchase agreement (the “Agreement“) with the shareholders of Samurai Motion Tracking Corp. (“Samurai“) whereby the Company has agreed to acquire all of the issued and outstanding share capital of Samurai (the “Acquisition“). Headquartered in Vancouver, British Columbia, Samurai is a software-based vision therapy company providing computer aided vision therapy resources.
“This acquisition demonstrates Binovi’s commitment to continually evolve our technology offering with adoptable resources to our SaaS stack,” commented Adam Cegielski, Binovi CEO. “We are excited to bring the proven technology developed by Samurai to our growing user base of vision professionals, especially as we position ourselves for expansion into the K-12 education sector. Acquiring CAVT brings industry-recognized and relied-upon software to the Binovi Platform.”
About Samurai Computer Aided Vision Therapy
Originally created by Dr. Gary Vogel, Computer Aided Vision Therapy (CAVT) is an extensive software package for developing eye tracking skills, visual thinking & processing skills, and binocular vision skills. The CAVT suite consists of four primary modules: Track & Read, Visual Information Processing Skills (VIPS), Visual Thinking, and Computer Vergences. These modules include activities and exercises to be completed by patients using a computer, originally in an optometrist/vision therapy office setting, and later at home with data being reported manually to the patient’s care team
Terms of the Acquisition
In consideration for the Acquisition of all the issued and outstanding share capital of Samurai, the Company has agreed to pay an aggregate consideration of CDN$2,516,000.00 (the “Purchase Price“) payable by the issuance of 31,450,000 common shares of the company (the “Consideration Shares“) at a deemed price of CDN$0.08 per Consideration Share to the underlying shareholders of Samurai.
The Acquisition is subject to TSX Venture Exchange approval and the Company anticipates that the Acquisition will constitute an “Expedited Acquisition” under the policies of the TSX Venture Exchange. The Company may pay a finder’s fee in connection with the Acquisition and no new directors or officers will be added to the Company management team in connection with the Acquisition.
Posted by AGORACOM
at 1:33 PM on Friday, April 16th, 2021
New Kimberlite discovered, named the Birch Kimberlite
Discovered by targeting an EM and gravity anomaly
Proof of exploration concept, company confident of more discoveries
The Birch Kimberlite is situated between Ekati and Diavik, both operating diamond mines.
Arctic Star Exploration Corp.(“Arctic Star” or the “Company”) (TSXV:ADD) (Frankfurt:82A2) (WKN:A2DFY5) (OTC:ASDZF) is pleased to announce that it has made a new discovery on the Diagras project in the Lac de Gras kimberlite field, Northwest Territory. 380km north of Yellowknife. The discovery has been named the Birch Kimberlite.
It was discovered by drilling a vertical hole into a EM and gravity anomaly. The anomaly also occupies a distinct gap in an otherwise continuous Mackenzie diabase dyke in the magnetic data.
Kimberlite was discovered after drilling 28m through 11m of water and 17m of overburden (glacial till). The drill exited the kimberlite at 71m. A second hole from the same drill setup is underway to obtain more kimberlite for caustic fusion.
The drill collar is 220m SE of the known Black Spruce kimberlite discovered in the 1990s. The Black Spruce kimberlite was discovered by drilling a discrete magnetic low. In contrast, the Birch kimberlite has no magnetic signature.
Buddy Doyle VP Exploration of Arctic said, “We are all elated to strike kimberlite so early in our 2021 exploration program. It proves our exploration concept, we expect more discoveries as we proceed.”
Mr. Doyle continued, “After completing the current drill hole we will move from the Birch discovery to test other similar targets. The priority is to make as many discoveries as we can before the ice melts. Material from each discovery will be sent for caustic fusion. We will return to those kimberlites with the highest micro-diamond counts and give them further attention.”
The Diagras project is a Joint Venture with Margaret Lake Diamonds Inc. Arctic is the manager and operator of this joint venture.
Posted by AGORACOM
at 7:58 AM on Friday, April 16th, 2021
Chilean Metals Inc. (“Chilean Metals,” “CMX” or the “Company”) (TSX.V:CMX) (OTCBB:CMETF) (SSE:CMX) (MILA:CMX) has arranged a non-brokered private placement of $2,000,000 dollars, with $1,000,000 being done via issuance of 4,000,000 common shares at $0.25 and $1,000,000 in Flow-through Shares issued at $0.40 per share comprising of 2,500,000 shares. The proceeds from the flow-through shares will be used to incur Canadian exploration expenditures that qualify as flow-through mining expenditures (as such terms are defined in the Income Tax Act (Canada)).
The Company intends to pay brokers fees and broker warrants in conjunction with the transaction. Any broker warrants issued on the hard dollar financing will be exercisable at $0.25 per share for 18 months from date of close and any broker warrants issued on the flow-through will be exercisable at $0.40 per share for 18 months. The Financing is subscribed for and is expected to close on April 23, 2021. The closing of the Financing is subject to the approval of the TSXV.
“The additional capital will enable us to commence our initial drill program at our recently acquired option on the NISK Nickel project in James Bay Quebec. Our objective would be to provide an updated 43-101 in late Q3 or early Q4. We are excited about NISK potential to provide a high-grade Nickel Copper Cobalt Palladium project that would be well received in a market where Battery Metal pricing looks better and better!” commented Chilean CEO Terry Lynch.
Funds will also be used in the Company’s proposed Plan of Arrangement. As previously announced Chilean Metals will be changing its name to Power Nickel Inc. and will focus its efforts on the exploration and development of the Nisk project. On February 1, 2021 Chilean Metals completed the acquisition of its option to acquire up to 80% of the Nisk project from Critical Elements Lithium Corporation (TSX-V:CRE, OTCQX: CRECF, FSE:F12). These estimates at the Nisk project are of a historic resource and the Company’s geologic team has not completed sufficient work to confirm a NI 43-101 compliant resource. Therefore, the estimates cannot, and should not be relied upon.
Table ‑1: Historical Resource Estimate figures for respective confidence categories at the NISK-1 deposit, After RSW Inc 2009: Resource Estimate for the NISK-1 Deposit, Lac Levac Property, Nemiscau, Québec.
Posted by AGORACOM-JC
at 4:18 PM on Thursday, April 15th, 2021
If you think about balloons / blimps when thinking about Helium uses, we wouldn’t blame you … but you’d also be missing out on a much much bigger picture.
Looking beyond just balloons, Helium is a high tech gas, with many uses in rocket engines, semiconductors, electronics, and health care. These sectors pressure the demand for helium in concert, making it a gas in very short supply, causing the price to rise.
Saskatchewan is one of the only places on earth with current and past production of primary Helium. This is where Royal Helium comes into play as they are one of the largest land holders searching for Helium and recently announced that testing identified zones that range in thickness from five meters to in excess of 30 meters. These zones returned levels ranging from 0.33% to 0.94%, demonstrating the commercial potential of the Climax project
Worldwide usable Helium is in short supply as demand is increasing, making it a high-priced commodity, take a seat and discover why Royal Helium is the next SmallCap Stock to discover.
Posted by AGORACOM
at 8:06 AM on Thursday, April 15th, 2021
Fabled Silver Gold Corp. (“Fabled” or the “Company”) (TSXV:FCO)(OTCQB:FBSGF)(FSE:7NQ) is pleased to announce that it has increased the on-going 8,000 meter drill program to a minimum of 9,200 meters.at the “Santa Maria” Property in Parral, Mexico.
The extra 1,200 meter drill program has been awarded to Maza Drilling who is currently performing the surface drilling and has underground diamond drilling machines capable of drilling HQ size, (2.5 inches) drill core.
This program will be focused underground to delineate the Santa Maria Central Structure with multi underground drill stations being prepared, see Figure 1.
Peter J. Hawley, CEO and President, states, “As we advance the surface drill program and compile these findings into our data base and remodel the mineralized bodies with respect to orientation of structure, width, grade and predictability we are now ready to start at the same time to delineate the central sector of the Santa Maria structure. This cost-effective measure allows us, from underground, to drill with a second machine and determine the true width to the hanging wall and foot wall of the structure and also begin to infill drill the resource area to increase the confidence level of the various resource categories.”
Figure 1: Longitudinal Section of Central Santa Maria Structure
The Company has completed drill holes SM20-01 – 12 for a total of approximately 3,000 meters of the now increase 9,200 meter drill program completed to date. Holes SM20-8B, (resampled) and SM20-10, 11 have been sampled and submitted to ALS Chihuahua Laboratory for analysis. Hole SM20-12 has been completed and is in the process of being sampled, Hole SM20-13 is currently in progress.
Posted by AGORACOM
at 7:57 AM on Thursday, April 15th, 2021
Manitou Gold Inc. (TSX-V: MTU) (the “Company” or “Manitou”) is pleased to announce additional assay results from its ongoing 10,000 metre drill program on its 100% owned Goudreau Project located along the eastern portion of the regional Baltimore Deformation Zone (the “BDZ”) in Northeastern Ontario.
Highlights of drill results are from the Stover Zone, which is within the Company’s Goudreau Project, where the Company is reporting assay results from an additional three drill holes that significantly expand known gold mineralization along strike, to 400 metres, and down-plunge to 500 metres.
Highlights:
Step-down and step-out drilling at the Stover Zone expands gold mineralization to 400 metres along strike and to 500 metres down-plunge, the highlights of which include:
5.5 m grading 2.5 g/t Au (starting at 525 m down-hole), including 2 m grading 3.7 g/t Au in hole MTU-21-12, within a wider intersection of 24.5 m grading 1.0 g/t Au, expanding gold mineralization by 200 m down-plunge;
4.7 m grading 1.0 g/t Au (starting at 510 m down-hole) and including 2.3 m grading 1.6 g/t Au, within a wider intersection of 17.7 m at 0.5 g/t Au in hole MTU-21-13; and
7.8 m grading 0.5 g/t Au (starting at 23.0 m down-hole) in hole MTU-21-11expanding the footprint of the mineralization at the Stover zone to 400 m along strike.
Follow-up drilling 1.2 kms east of the Stover Zone intercepted approximately 50 m of alteration, veining, and mineralization, similar to that of the Stover Zone, with results expected within two weeks.
Gold mineralization along the Stover Zone main shear has now been confirmed by drilling over a strike length of 2.2 kms. Continued drilling will test mineralization further along strike.
All gold zones encountered along the BDZ to date remainopen in all directions. Finalization and planning of new high priority drill targets along the 10 km of strike on the western part of the BDZ is scheduled for May 2021, with the drilling of the high priority targets expected to begin in June 2021.
Following the recent completion of the Company’s recent $5.0MM flow-through financing, the Company is fully funded for all planned and announced exploration activities.
“The continued intersection of significant gold values over tens of metres of thickness indicate that the regionalBDZ, which hosts our Goudreau Property, is a gold-endowed, crustal scale deformation zone. We are excited that we still have several exploration targets to test on the original Stover grid, which covers the eastern 4.5 km of the BDZ,” stated Richard Murphy, President and CEO of Manitou Gold. “Our geophysical surveys covering the western 10 kilometres of the BDZ are well under way. I expect that we will be ramping up our exploration drilling to test additional new targets in this area in the coming months.”
