All Recent Posts « AGORACOM Small-cap Investor Relations Blog

Archive for the ‘All Recent Posts’ Category

Loop Insights $MTRX.ca $RACMF Reviews Its Most Successful Year in Its History, Highlighted by Revenue-Generating Partnerships, World-Class Telecom Partnerships $AT.ca $QTRH.ca $SNSR $BSQR $PTS.ca

Posted by AGORACOM at 8:19 AM on Tuesday, December 29th, 2020

https://miro.medium.com/max/3150/1*f9msDHyceA_TbRM30jQhsw.png

Loop Insights Inc. (MTRX:TSXV) (RACMF:OTCQB) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights, enhanced customer engagement and automated venue tracing to the brick and mortar space, is pleased to provide shareholders with this review of the Company’s most successful year ever and thank all shareholders for helping make 2020 the most successful year ever. Moreover, given the partnerships, products, and financing discussed below, Loop Insights is extremely confident that 2021 will see an equal magnitude of growth experienced in 2020.

To this end, Loop Insights CEO Rob Anson stated the following:

Dear shareholders,

2020 was an extraordinary year and we hope you and your families are staying healthy and safe. COVID-19 has had a major impact on economies, families, and businesses. It has been one of Loop’s major focuses to combat the effects of this pandemic in order to help industries recover and thrive in this new normal. Throughout the year, my team and I have worked tirelessly to create products and solutions that would gain the trust of our partners such as Telus, Amazon Web Services, Vend, bdG Sports, and most recently, NTT DATA, so that they could have the confidence necessary to bring this into their global customer opportunities.

I am happy to report that we have accomplished this goal and as a result of these world-class partnerships, are now on the cusp of participating in global opportunities we never thought possible at the beginning of 2020. Moreover, we are very confident that additional significant developments will continue to be announced in 2021 when our partners and customers return from their holiday breaks to resume several high-level discussions across many verticals.

None of these accomplishments in 2020 and those awaiting us in 2021 would be possible without my great team and our great shareholders. I always express gratitude to my team and am especially grateful to the shareholders that have supported Loop this year. Our successes in 2020 have reflected the company’s long-term vision that we continue to execute. As we enjoy this holiday season to spend valuable time with our families, we are also enjoying a much needed but short break before returning to work to further execute on work that awaits us and our partners upon our return. The Loop Insights team has worked hard to achieve a year of incredible successes and looks forward to hitting the ground hungry and humble on behalf of our great shareholders. Thank you so much for your continued support which has been integral to our 2020 success and will be integral to our 2021 success.

2020 CORPORATE DEVELOPMENTS

Loop Insights achieved a number of monumental milestones this calendar year as it developed its leading services including:

AMAZON

On June 8th, Loop Insights was selected to join Amazon Web Services Partner Network, joining the majority of Fortune 100 companies that rely on Amazon’s services every day. As a preferred partner, Loop will seize this networking opportunity to gain access to hundreds of ongoing AWS portfolios, as well as co-development projects. More than 90% of Fortune 100 companies source their solutions and services from Amazon.

On October 22nd, Loop Insights and Amazon Web Services announced the two companies would be hosting an interactive webinar to showcase Loop’s venue tracing capabilities. The webinar was a great success and achieved its maximum attendance of 1,000 viewers, with more than 88% of viewers remaining engaged through to the end of the final Q&A segment. Loop received inquiries from large corporations in sectors such as Airlines, Sports & Entertainment Enterprises, Telecom, and Government, with many significant discussions now at advanced stages.

TELUS

On October 15th, Loop announced the significant milestone of having been accepted into the Telus IoT Marketplace. The Company’s first product accepted into the IoT Marketplace was our contact tracing product, which has received significant exposure to many of TELUS’s largest customers and ongoing significant discussions with them. The third-party validation that came with this acceptance has been instrumental in Loop’s contact tracing discussions with large corporate customers around the world.

On December 3rd, Loop announced the Launch Of A Second Product Into The TELUS IoT Marketplace For National Sales and Marketing To TELUS Business Customers. The Company’s second product accepted into the IoT Marketplace was our Insights service which consists of our IoT Fobi device, Loop Cloud API, and AI Insights Portal that provide automated marketing capabilities. Connected between the printer and point of sale, Loop’s Fobi device’s real-time capabilities are driven by Artificial Intelligence to enhance the shopping experience. Providing data-driven product suggestions and unique discount codes for future use, Loop enables customers to increase revenues through increased spend per customer.

NTT DATA

On December 17th, Loop announced the most significant partnership in its history with NTT DATA, a top-ranked global IoT services company, and subsidiary of Nippon Telegraph and Telephone, the world’s 4th largest telecom company, ranked 55th In Fortune Global 500. As a result of this partnership, Loop will be exposed to global opportunities never thought possible earlier this year. For example, Loop’s successful live deployment of its Venue Bubble solution and its published capabilities with respect to its Travel Bubble solution will be the subject of work on major projects with NTT DATA.

RETAIL – VEND AND SHOPIFY

On August 10th, Loop Insights announced a reseller partnership and API integration with Vend, a leading global PoS company that operates over 25,000 stores across 140 countries. The announcement came with the partnership’s first sale to a franchise with 30 locations. Through the reseller partnership, Loop is working with Vend’s global team to continue to onboard new customers monthly.

On August 20th, Vend and Loop Insights announced a 20-store pilot that successfully concluded on November 4th with an agreement to deploy its insights platform at 550 “Your CBD” locations across 41 states, the largest CBD retailer in the United States. The Your CBD Store win includes the implementation of Loop’s data insights platform across 170 new stores by the end of 2020 and an additional 380 stores in Q2 of 2021.

Loop will significantly benefit from Vend’s large global sales team that is now actively selling Loop’s products and services to its current 25,000 retail customer base, which will provide additional recurring revenue opportunities through monthly SAAS, as well as, potential revenue share opportunities.

In the same announcement on November 4th, Loop announced the completion of its point of sale integration with Shopify, providing Loop with access to the 500,000 merchants currently using the Shopify platform. Completing our Shopify integration further bolsters Loop’s efforts to achieve global scale via e-commerce and bricks and mortar opportunities. Retailers look to leverage data to create personalized shopping experiences across channels and optimize retail supply chain and inventory management. This makes Loop’s real-time online and offline data connectivity vital.

UKLIPZ

On November 12th, Loop announced the 2021 integration of Uklipz into its product stack. This is a very important milestone for Loop due to the significant strength it adds to our offering and the disruption it creates in the massive but problematic consumer review industry. The UKLIPZ platform is another important strategic move by providing our partners and customers with another immediate complimentary plug-in to expand and significantly strengthen the current Loop solution offering. Revenues from UKLIPZ will be generated through multiple streams as follows:

Monthly SaaS fees from Brands and Retailers
Transaction fees when a consumer purchases through the platform
Brands purchasing use of consumer video reviews
Sponsored ads
Retail

WORLD’S FIRST EVER VENUE BUBBLES IN A LIVE ENVIRONMENT

On September 16th, Loop Insights signed an agreement with NCAA Division 1 school, the University of Houston, to implement its contactless venue tracing platform across its facilities. In addition, the school agreed to implement Loop’s contactless, artificial intelligence marketing solutions to provide personalized promotions and targeted engagement at University of Houston football games at TDECU Stadium.

On October 8th Loop announced it was selected as the Premier Venue Tracing and Fan Engagement Solution for NCAA College Basketball #VegasBubble in Las Vegas, where games were played at MGM Grand Garden Arena, Mandalay Bay Events Center, and T-Mobile Arena between November 25 and December 22, 2020.

On November 9th Loop announced it would Implement the First-Ever Fully Integrated “Venue Bubble” (End-To-End Testing, Contact Tracing, and Alert Notifications) at the #BeachBubble NCAA College Basketball Tournament in Fort Myers, Florida, hosting 14 NCAA Division I men’s and women’s basketball teams in November and December that are playing at both Hertz Arena and Alico Arena (FGCU) while lodging at the Hyatt Regency.

On November 23rd, Loop Insights partnered with VenueNext to deliver a seamless mobile commerce solution to both college and professional sports venues across North America. VenueNext was founded in 2014 with Levi’s® Stadium and the San Francisco 49ers and has since gone on to power mobile-first and frictionless commerce in more than one hundred arenas, stadiums, theme parks, universities, corporate cafes, and theaters across the globe.

On December 1st Loop announced achieving 100% success in delivering the first-ever fully integrated “Venue Bubble” in live environments at both NCAA College Basketball Tournaments. Live demonstrations of the Venue Bubbles lead to significant discussions about some of North America’s largest sporting events in 2021 that are set to continue after the holiday break.

EXTENDING VENUE BUBBLES TO FILM AND TRAVEL

On October 19th Loop Insights and Empower Clinics announced the combination of their respective Venue Tracing and COVID-19 testing expertise to create the first-ever “Travel Bubble” solution for the global travel industry. Subsequently, on December 9th Loop and Empower partnered with SimpliFlying, the world’s leading aviation marketing consulting firm, to support specific near-term opportunities with World Renown Resorts, National Tourism Boards, Major Airlines, Airports, Cruise Ships, and Ports.

On December 14th Loop Insights expanded its venue bubble platform to create a “Film bubble”, in partnership with Draganfly’s “Safe Set” solution, for an upcoming major motion picture (“MMP1”) that is scheduled to commence filming in January 2021. The name of the film and the starring actors will remain confidential until the commencement of filming.

HEALTHCARE

On December 8th Loop Insights joined KABN Systems NA Holdings Corp. (CSE:KABN), Liquid Avatar, Lumedic, The Campus Agency, and TripXpertz to form a consortium to manage verifiable identity credentials for COVID-19 vaccinations. Through this consortium and Loop Insights’ previous partnership with iStoc, the Company is now able to provide medical testing beyond the scope of the COVID-19 pandemic.

On December 21st Loop announced the January 2021 launch of its Digital Connect Health Platform, a fully-integrated digital healthcare solution designed for both government and private sector. The launch comes after continuous discussions and requests from government leaders, both Provincial and Federal, over the past 7 months after the April 20 launch of the Beta version of its Smart Health contactless check-in platform, which streamlines patient engagement and operations. Loop’s Smart Health device requires a simple tap of the patient’s mobile phone to check in and verify their ID. Patients have frictionless access to everything they need in one simple wallet pass, including real-time notifications, testing and tracing updates, critical health information, and more.

FINANCING AND INTENTION TO UPLIST TO MAJOR NORTH AMERICAN STOCK EXCHANGES

As a result of our success in 2020 and anticipated success in 2021, Loop announced its “Uplist Plan” on December 7th to begin the process of uplisting to major North American Stock Exchanges. The Uplist Plan outlines Loop’s proposed plan to apply to have its common shares uplisted to the Toronto Stock Exchange (“TSX”), as a technology company, from the TSX Venture Exchange (“TSXV”), followed by an intention to apply for listing on NASDAQ. Completion of the Uplist Plan is subject to meeting certain conditions and approvals that are not assured and outlined in the press release for full review by shareholders.

Moreover, on December 11th, Loop announced the receipt of approximately $4,600,000 from the exercise of warrants up to December 10, 2020. The proceeds from this latest round of warrants being exercised are expected to provide Loop with the financial resources necessary to fund growth and operations to the end of 2021 at a minimum, assuming the Company wasn’t able to generate any further revenue from business operations. As such, the Company does not foresee the need for any financing with the exception of strategic client partners that may want to invest in Loop in order to participate in its growth.

Moreover, as the Company expects to generate meaningful revenue from its current and anticipated sales pipeline over the next 12 months, as well as, receive additional proceeds from further anticipated warrant exercises, the Company is confident it now has the war chest necessary to pursue all anticipated business opportunities as the demand for its solutions continues to grow on a weekly, if not daily basis.

CEO Rob Anson added “As shareholders can see from this year in review, Loop had an incredible year in 2020, and more importantly, is positioned with the right partners, products, pipeline, and financial resources to make the same quantum leap in 2021. Our success is reflective of our hard work and the exceptional quality of our people. Our team has grown and we’ve welcomed many passionate members who continue to drive innovation here at Loop. Despite the challenges created by the COVID-19 pandemic, the Loop team has overcome all obstacles and continues to work to drive the growth of the company, whether working remotely or together in our Vancouver office. We can’t wait to get back to work and deliver more big wins for our shareholders.”

This Press Release Is Available On The Loop Insights Verified Forum On AGORACOM For Shareholder Discussion And Management Engagement https://agoracom.com/ir/LoopInsights/forums/discussion

About Loop Insights

Loop Insights Inc. is a Vancouver-based Internet of Things (“IoT”) technology company that delivers transformative artificial intelligence (“AI”) automated marketing, contact tracing, and contactless solutions to the brick and mortar space. Its unique IoT device, Fobi, enables data connectivity across online and on-premise platforms to provide real-time, detailed insights and automated, personalized engagement. Its ability to integrate seamlessly into existing infrastructure, and customize campaigns according to each vertical, creates a highly scalable solution for its prospective global clients that span industries. Loop Insights operates in the telecom, casino gaming, sports and entertainment, hospitality, and retail industries, in Canada, the US, the UK, Latin America, Australia, Japan, and Indonesia. Loop’s products and services are backed by Amazon’s Partner Network.

For more information, please contact:

Loop Insights Inc.		LOOP Website : www.loopinsights.ai
Rob Anson, CEO		Facebook: @ LoopInsights
T : +1 877-754-5336 Ext. 4		Twitter: @ LoopInsights
E : [email protected]		LinkedIn: @ LoopInsights

Tags: AI, Amazon, artificial intelligence, Big data, covid19, Covid19 tracing, CSE, Fobi, internet of things, mCloud Technologies Corp
Posted in All Recent Posts, Loop Insights Inc. | Comments Off on Loop Insights $MTRX.ca $RACMF Reviews Its Most Successful Year in Its History, Highlighted by Revenue-Generating Partnerships, World-Class Telecom Partnerships $AT.ca $QTRH.ca $SNSR $BSQR $PTS.ca

Peak Fintech $PKK.ca Pays Back $12m of 2017 Debentures $MOS.ca $MOGO.ca CTZ.ca $TRAD.ca $IDK.ca

Posted by AGORACOM at 9:04 AM on Thursday, December 24th, 2020

PEAK Provides Update On 2017 Secured Debentures and Exercise of Warrants

Secured debentures issued back in December, 2017, originally totaling $12-million and of which a balance of $3.27-million was still outstanding as on Oct. 1, 2020, have totally been paid back by Peak Fintech Group Inc. or converted into common shares of the company.

The debentures were issued in the course of a private placement financing where the company sold a total of 1,200 units for gross proceeds of $12-million. Each unit sold comprised a $10,000 face value, two-year maturity, 8-per-cent annual interest secured debenture plus 20,000 common share purchase warrants. The maturity was extended by another year in 2019 and the debentures were set to mature on Dec. 16, 2020. Investors who purchased the units could, at any time prior to the maturity date of the debentures, surrender part or all of the amount invested in the debentures to exercise their warrants and purchase common shares of the company at a price of 50 cents per share. In summary, $11.94-million of the debentures was surrendered to exercise warrants and the company paid back $60,000 in cash to investors.

In addition to the warrants exercised as a result of the surrender of the debentures, the company received over $2.5-million in cash from the exercise of warrants unrelated to the debentures between Oct. 1, 2020, and Dec. 23, 2020.

About Peak Fintech Group Inc.

Peak Fintech is the parent company of a group of innovative financial technology (fintech) subsidiaries operating in China’s commercial lending industry. Peak’s subsidiaries use technology, analytics and artificial intelligence to create an ecosystem of lenders, borrowers and other participants in China’s commercial lending space, where lending operations are conducted rapidly, safely, efficiently and with the utmost transparency.

Tags: AnalytixInsight, banking, commercial lending, crypto, CSE, DelphX Capital Markets, digital banking, finance
Posted in All Recent Posts, Peak Fintech Group | Comments Off on Peak Fintech $PKK.ca Pays Back $12m of 2017 Debentures $MOS.ca $MOGO.ca CTZ.ca $TRAD.ca $IDK.ca

Gratomic $GRAT.ca Announces Arrival of Custom Processing Plant Components from South Africa $NGC.ca $LLG.ca $GPH.ca $NOU.ca $NMI.ca #TODAQ

Posted by AGORACOM at 12:08 PM on Wednesday, December 23rd, 2020

Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT)(OTCQB:CBULF)(FRANKFURT:CB81)(WKN:A143MR) announces the arrival of both the custom-built Material Hopper and Graphite Chipper to the Aukam mine site from South Africa. Excavation and preparations on the foundations for the Filter Press, Chipper, Cyclone, and Material Hopper have been successfully completed.

Two separate foundations were constructed to accommodate the commercial Filter Press. The equipment will be strategically placed one meter from the base of the product thickener tank. This will establish the shortest distance between the equipment for the graphite concentrate slurry to effectively enter the filter press from the product thickener tank. The press will be fitted onto two separate steel legs, with a custom-built catwalk surrounding the entire unit. This ensures staff safety when working around and servicing the equipment. Upon securing the Filter Press on the new foundations, a conveyor will be positioned below the output of the Press and placed at a 12° angle to more efficiently feed the graphite cake concentrate into the material chipper.

At 16 feet long, the Filter Press will have the capacity to process 5 tonnes of graphite concentrate per hour and will reduce the moisture content up to 92% before the concentrate enters the custom-built chipper. It will then make its way from the chipper into the rotary drying unit. Water that has been extracted from the filter press will be routed back to the settling reservoir tanks. From there it will be recirculated through the custom designed water filtration and deionization unit for continued use in the commercial processing plant. The Filter Press is a large component of the Company achieving its goal of a 95% water recycling rate during the graphite processing phase.

The company’s custom-built material chipper will be placed on a separate concrete foundation from the filter press. A two-tonne capacity hopper has been constructed adjacent to the chipper’s output to supply a continuous feed of graphite cake material to the rotary dryer unit. These components will complete the drying circuit of the Aukam 20,000 tonnes per annum commercial graphite processing plant.

The Material Hopper foundation work has been completed in conjunction with the cyclone foundation work. Once the concrete has cured, the custom-built hopper will be installed and mounted onto its new foundation. A supply conveyor will be installed and positioned to feed the material hopper with graphite containing material from the previously installed crushing and screening circuit. The variable speed drive screw conveyor (VSD) that is mounted inside the hopper will be positioned to feed the already installed commercial-sized rod mill. The material hopper is designed to hold 80 tonnes of material to allow for a 1 and a half days’ supply buffer to the processing plant (see press release November 20th, 2020).

“As the final construction is being completed on the Company’s custom-built processing plant, we would like to once again thank all of our mine workers, employees, contractors, and manufacturers, both on and off site, for all of their continued hard work and support.” says President and CEO, Arno Brand.

“The careful studies and analysis that based the engineering design of these exclusive, custom built pieces of equipment, will continue to ensure that Gratomic takes all necessary steps to deliver operational excellence at a benchmark level in the graphite industry”, says Amrando Farhate, COO & Head of Graphite Marketing and Sales.

About Gratomic Inc.

Established in 2014, Gratomic is an advanced materials company focused on low-cost mine to market commercialization of carbon-neutral, Eco-friendly, high purity vein graphite and is set to become a key player in EV and Renewable Resource supply chains. Gratomic Inc. is a leader among peers, anticipating full operational capabilities in late 2020 and aiming to transition to an open pit operation as early as the end of 2021.

Gratomic is in the process of solidifying its development plans for micronization and spheronization of its clean Aukam graphite. This significant milestone is a small, additional step in the Company’s existing Eco-friendly processing cycle and will allow its naturally high purity graphite to meet ideal North American battery grade standards for use in Li-ion battery anodes.

The Company promises to deliver mine-to-market traceability and guaranteed quality control. This will be accomplished by providing documented tracking on all graphite generated at its flagship Aukam Graphite Project. The tracking will begin at Aukam and will be verified at every stage during transport.

Two off-take purchase agreements are currently held for lump-vein graphite sourced from Gratomic’s Aukam Graphite Project in Namibia, Africa. Fulfillment of the contracts is slated to begin in 2021. The agreements exist with TODAQ and Phu Sumika.

TODAQ is an innovative tech company and will partner with Gratomic on its mine-to-market commodity tracking.

Phu Sumika is a large global graphite supplier to battery and lubrication companies.

Gratomic Inc. is listed on the TSX Venture Exchange under the symbol GRAT.

For more information: visit the website at www.gratomic.ca or contact:

Arno Brand at [email protected] or 416 561-4095

Subscribe to the link below to receive news and updates
https://gratomic.ca/contact/

“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 release.”

Forward Looking Statements:

This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).

SOURCE: Gratomic Inc.

Tags: #Commercialization, #Construction, #Disruptive, #graphite, #GRAT, #Gratink, #Gratomic, Buckingham
Posted in All Recent Posts, Gratomic | Comments Off on Gratomic $GRAT.ca Announces Arrival of Custom Processing Plant Components from South Africa $NGC.ca $LLG.ca $GPH.ca $NOU.ca $NMI.ca #TODAQ

CLIENT FEATURE: Universal #PropTech $UPI.ca Delivering Healthy Building Solutions and Services For Building Developers, Owners and Operators #AI #IoT $SNE $MSFT $HON

Posted by AGORACOM-JC at 9:43 AM on Wednesday, December 23rd, 2020

UPI: TSX-V

www.universalproptech.com

As the name implies “PropTech” is a combination of two words and stands for “property technology.” As simple as that is, the implementation and importance of PropTech is anything but.

Like every other industry on the planet that is incorporating technology to create greater efficiencies and experiences, the commercial real estate market is no different and is seeing the rapid adoption of;

Artificial Intelligence
Machine learning
Big data
Internet of Things (IoT Sensors)
Cloud computing

To create cost savings by reducing and even eliminating existing costs, create greater efficiencies for the operation and maintenance of real estate assets, as well as, improve the design of new builds.

IMPACT OF COVID-19

The COVID-19 pandemic has served to significantly increased the demand for PropTech in the commercial real estate market as follows:

The need for solutions to get workers back into workplace buildings and offices. Specifically, the need to identify bacteria and viruses in indoor air quality, as well as, the ability to sanitize immediately and effectively.
The need to create even greater cost savings and efficiencies for real estate owners that will continue suffering losses until workers significantly return to the workplace.

WHY UNIVERSAL PROPTECH (UPI:TSXV)?

Whereas many companies are just now trying to capitalize on the opportunities presented in the current and massive future of PropTech, Universal PropTech Inc. (“UPI”) a diversified investment platform delivering healthy building solutions and services for building developers, owners and operators in Canada. More than just lip service, UPI has been successfully delivering its PropTech solutions for years, with revenues over the last 3 years as follows:

2017 – $13.8M

2018 – $13.7M

2019 – $15.9M

Headquartered in Toronto, UPI has offices across Canada including Halifax,Montreal, and Ottawa.

COMPANY HIGHLIGHTS

Used in Federal Government facilities for over 40 years
Provides real estate managers turnkey HVAC Building Controls design, equipment, installation and ongoing operations and maintenance services for Industrial, Commercial, Institutional and Multi-residential customers
Already possesses under-utilized IP in building controls to add in additional monitoring inputs and equipment controls
Diverse revenue streams via products, installations and ongoing
Key strategic partnerships afford the ability to monitor real-time utility meters, key BAS and systems data in a building.
Team has the capability to make sense of this data and apply advanced web tools to make recommendations to fine tune a building, saving from 5% to 15% of a facilities energy spend without capital expenditure
VCI offers the depth and breadth of Building Automation Systems (BAS) knowledge and products from the likes of Siemens and Honeywell to support building automation systems

RECENT NEWS

COVID-19 STRATEGY

As businesses return to the office, property managers must think about the design and safety of their buildings for occupants. Traditional cleaning methods are ineffective at preventing transmission. UV technology is able to sanitize all surfaces free from pathogens. UPI is capitalizing on this opportunity by building and acquiring UV technology as it is the best in the market to administer and integrate it into healthy buildings in Canada.

FIND OUT MORE:

Hub On AGORACOM / Corporate Profile

Tags: AI, Big data, Cloud Computing, Delta-X Global Corp., investing, IOT, PropTech, small cap stocks, stocks, tsx
Posted in AGORACOM Client Feature, All Recent Posts, Universal PropTech Inc. | Comments Off on CLIENT FEATURE: Universal #PropTech $UPI.ca Delivering Healthy Building Solutions and Services For Building Developers, Owners and Operators #AI #IoT $SNE $MSFT $HON

Candente Gold $CDG.ca Engages Permitting Team and Provides Updates $FMG.ca $MEX.ca $AGI.ca $DSV.ca

Posted by AGORACOM at 8:46 AM on Wednesday, December 23rd, 2020

VANCOUVER, British Columbia, Dec. 23, 2020 (GLOBE NEWSWIRE) — Candente Gold Corp. (TSXV:CDG) (“Candente Gold” and/or the “Company”) is pleased to announce that technical experts have been engaged for permitting and deposit modelling for the El Dorado and Cocula projects and for permitting for the San Dieguito de Arriba (“SDA”) plant. Claudia Santos of Consultoría Ambiental VUGALIT S.C. will be handling permitting with Barney Lee, of Mingeo International S.A. de C.V.

Yenlai Chee, of Mountain Goat Consulting, is developing three dimensional models for the El Oro, Cocula and El Dorado mineral deposits to assist in understanding the deposits and in identifying higher grade zones.

Cocula Gold Project

The Company recently signed the Definitive Agreement for profit sharing on the Cocula Gold Project which gives Candente Gold the right to receive 70% of profits that may be derived from mining and processing of the deposit. Upon signing this agreement, a second payment of US$20,000 was made to the owners of the property.

Grades of 5.66 grams per tonne (“g/t”) gold over 6 metres and 4.32 g/t gold over 8 metres occur in quartz breccia bodies in an oxidized zone that to date has been delineated over an 800 metre length and 54 metre depth. Metallurgical testing indicates that this portion of the deposit is expected to be amenable to either heap, vat or dynamic (agitation) leaching.

In addition, higher grade mineralization associated with sulphides is also known to occur in veins at Cocula. Grades of 59 g/t gold and 729 g/t silver were obtained from a selected sample over a 10 centimetre (“cm”) width in the hanging wall of a quartz vein-breccia structure near the portal of a collapsed adit. This style of mineralization will be further explored for the potential for mineralization that could be amenable to flotation and processed at our SDA plant.

The Cocula Project area is located within the Ameca Mining District of Jalisco State which is home to Agnico Eagle’s El Barqueño Project, Endeavor Silver’s Terronera Project and GoGold’s Los Ricos Project. Please see News Releases dated September 10th and October 22nd, 2020 as well as http://www.candentegold.com/s/cocula.asp for further details on the Cocula Project.

SDA Plant and El Dorado

The Company has received final TSX Venture Exchange (“TSXV”) approval for the Definitive Agreement to acquire the SDA plant and the rights to an agreement on the El Dorado property from Magellan Acquisition Corp. (“Magellan”). The company is issuing 5,000,000 shares for Magellan’s rights to the El Dorado property and to obtain the first 10% interest in the SDA plant. The Definitive Agreement also gives Candente Gold the right to earn up to 100% interest in the plant by issuing shares in stages over 30 months totaling a value of US$1.425 million. Magellan has also agreed that the total number of shares to be issued for the 100% interest will not exceed 33,500,000.

SDA Plant

The SDA plant consists of a flotation plant which also includes a precious metals leach circuit – Merrill Crowe system and associated assets, licenses and agreements. The plant lies within the rich Sierra Madre Occidental mineralized belt, which historically has yielded millions of ounces (“oz”) of precious metals and offers multiple high-grade gold and silver epithermal vein opportunities. For further details, please see News Releases dated April 28 and September 28, 2020 as well as http://www.candentegold.com/s/sda.asp.

El Dorado

The El Dorado Gold-Silver Project is located in the Pacific Coastal Plain, State of Nayarit, within a district of epithermal vein systems which is known to host high grade gold and silver in several veins.

The El Dorado vein system has a history of small-scale mining from two veins and is reported to extend over 3.5 km. Within this system, a mineralized zone 400 meters long and up to 180 meters to depth has been delineated by drilling by previous explorers. Average grades are reported to be in the ranges of 4.4 to 9.8 grams per tonne (“g/t”) gold and 113 to 239 g/t silver, however, drilling has intersected grades ranging from 3.0 to 40.0 gold and 57 to 500 g/t silver over widths ranging from 0.52 meters to 11.2 meters. Silver, lead, zinc and copper mineralization also occurs in the Cocula deposit and is expected to provide secondary credits.

The El Dorado property lies 50 km south of the SDA Plant. The project has excellent road and rail infrastructure. For further details, please see News Releases dated April 28 and September 28, 2020 as well as http://www.candentegold.com/s/eldorado.asp.

AGM

The Company is pleased to report that all matters submitted to the shareholders for approval as set out in the Company’s Notice of Meeting and Information Circular, dated November 13, 2020, were approved at the Annual Meeting of Shareholders held on December 18th, 2020 in Vancouver (the “AGM”). A total of 34,356,926 shares were voted, representing 31.17% of total shares issued and outstanding as of the record date of the Meeting.

All of the current Directors: Joanne C. Freeze, Larry D. Kornze, Ian Ward, Mark Lotz and Matthew Melnyk were re-elected. Shareholders also voted in favour of (i) appointing Davidson & Company LLP, Chartered Professional Accountants as auditors of the Company for the ensuing year and authorizing directors to fix their remuneration; (ii) approving the Company’s Stock Option Plan of the Company; and (iii) approving Other Business that may properly come before the meeting or any adjournment or adjournments thereof.

Xali Gold Corp.

The Company also advises that it plans to change its name to Xali Gold Corp. in early 2021 which will include both a change of trading symbol and CUSIP number. The Company will advise the actual date for the change once all of the above is confirmed.

About Candente Gold

Candente Gold has launched a comprehensive growth strategy to build a cash flowing business platform and gain access to properties with near surface exploration potential while maintaining El Oro as its flagship asset and an integral part of the overall growth strategy. The acquisition of the SDA Plant, the El Dorado historic mines and the Cocula Project signify important initial steps.

The financial benefits from Western Mexico operations and the addition of specialized personnel will translate across platforms to strengthen the Company’s efforts to explore and potentially mine areas demonstrated to contain mineralization of value. The Company is currently evaluating other properties that are complementary to the SDA plant, El Dorado and the Cocula Project.

El Oro is a district scale gold project encompassing a well-known prolific high-grade gold dominant gold-silver epithermal vein system in Mexico. The project covers 20 veins with past production and more than 57 veins in total, from which approximately 6.4 million ounces of gold and 74 million ounces of silver were reported to have been produced from just two of these veins (Ref. Mexico Geological Service Bulletin No. 37, Mining of the El Oro and Tlapujahua Districts. 1920, T. Flores*)

Modern understanding of epithermal vein systems indicates that several of the El Oro district’s veins hold excellent discovery potential, particularly below and adjacent to the historic workings of the San Rafael Vein, which was mined to an average depth of only 200 metres.

Joanne C. Freeze, P.Geo., President, CEO and Director and Matthew Melnyk, CPG., Director Operations and Director are Qualified Persons as defined by National Instrument 43-101 for the projects discussed above, however, they have not been able to visit the El Dorado or Cocula Projects nor the SDA Plant recently due to COVID virus travel restrictions. The work discussed in the News Release is either historical and documented by public records or conducted by Mexican professionals with qualifications similar to those of QP’s registered in Canada. Ms. Freeze and Mr. Melnyk have reviewed and approved the contents of this release.

Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Tags: #CandenteGold, #CDG, #Cornerstone, #Epithermal, #exploration, #Mexico, ElDorado, gold, silver, XaliGold
Posted in All Recent Posts, Candente Gold | Comments Off on Candente Gold $CDG.ca Engages Permitting Team and Provides Updates $FMG.ca $MEX.ca $AGI.ca $DSV.ca

Red Light Holland $TRIP.ca Looking To Receive Exemption for Controlled Substances from Government of Canada, Engages Wellington Dupont Public Affairs $SHRM.ca $RVV.ca $MMED $PLNT.ca $HALO.ca $PSYC.ca

Posted by AGORACOM at 8:42 AM on Wednesday, December 23rd, 2020

https://i.ibb.co/ZdKv64V/Red-Light-Holland-Square.jpg

December 23, 2020) – Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTC: TRUFF) (“Red Light Holland” or the “Company”) is pleased to announce that it has hired Wellington-Dupont Public Affairs (“Wellington-Dupont“) to provide government relations support and lobbying services on behalf of the Company. Wellington-Dupont has approached the Government of Canada in the hopes of initiating first steps for Red Light Holland to receive an exemption for controlled substances use as part of clinical studies, in order to safely analyze the potential positive impacts of psilocybin on mental health.

“We have a big idea. But we need to carefully proceed, in order for it to hopefully come to fruition,” said Red Light Holland CEO and director Todd Shapiro. “This is why we have hired expert lobbying and government relations firm, Wellington Dupont Public Affairs. Through Wellington Dupont, we look forward to engaging the federal government to discuss the usage of natural psilocybin products, and their potential benefits.”

“We are pleased to represent Red Light Holland as they seek an exemption for controlled substances use as part of a clinical study,” said Summer Senter, Consultant Lobbyist at Wellington-Dupont Public Affairs. “Together we are working with another group to build a detailed plan that will lead to potentially ground-breaking and positive change in Canada. We look forward to sharing more news, when appropriate.”

About Wellington Dupont

Wellington Dupont is a North American public affairs firm with strong talent working closely across Canada and the United States. With offices across Canada and the United States, Wellington Dupont’s approach ensures consistent and seamless results throughout all offices while keeping top of mind policy and regulations on both sides of the border.

Wellington Dupont’s team of trusted advisors uses their combined experience in media relations, business, politics, and government to provide sound counsel and strategic advice while helping clients achieve results.

Contact: [email protected]

About Red Light Holland Corp.

Red Light Holland is an Ontario-based corporation engaged in the production, growth and sale (through existing Smart Shops operators and an advanced e-commerce platform) of a premium brand of magic truffles to the legal market within the Netherlands, in accordance with the highest standards, in compliance with all applicable laws.

For additional information on Red Light Holland:

Todd Shapiro
Chief Executive Officer & Director
Tel: 647-204-7129
Email: [email protected]
Website: https://redlighttruffles.com/

Tags: #Depression, #Medicine, #psychedelic, #Research, CSE, Exempt, Government, Magic Truffles, microdose, Oregon109, stocks, tsx, tsx-v
Posted in All Recent Posts, Red Light Holland | Comments Off on Red Light Holland $TRIP.ca Looking To Receive Exemption for Controlled Substances from Government of Canada, Engages Wellington Dupont Public Affairs $SHRM.ca $RVV.ca $MMED $PLNT.ca $HALO.ca $PSYC.ca

ImagineAR $IP.ca $IPNFF Provides Shareholders with 2020 Calendar Year Update, Including Record $775,000 in Executed Contracts $DBO.ca $YDX.ca $SEV.ca $NTAR.ca

Posted by AGORACOM-JC at 7:09 AM on Wednesday, December 23rd, 2020

http://www.smallcapepicenter.com/imagine%20ar%20squre.jpg

Though the Company has executed contracts totaling approximately $775,000 in the calendar year, the value of these contracts will not be fully reflected in the fiscal year financials due to the fact some of the agreements were signed after August 31.
Moreover, given the SaaS business model of the Company, revenues are recognized pro-rata over the life of the term of each contract, which can range from 1 – 5 years.
Nonetheless, the approximate $775,000 record revenue from these contracts will be received and recognized by the Company.

VANCOUVER, BC , Dec. 23, 2020 – Imagine AR Inc. (CSE: IP) (OTCQB: IPNFF) (“ImagineAR” or “Company”) an Augmented Reality Company that enables businesses, sports teams and organizations to create instant AR campaigns without a technical background, is pleased to provide investors with a corporate update for calendar 2020, the Company’s best year. Specifically, the Company set records in two key performance indicators (KPI’s):

Total Executed AR Contracts	$775,000 *
Total Proceeds from Financing	$6,000,000 (approximate)
* Approximate Augmented Reality Enterprise, White Label, and SDK contracts

ImagineAR CEO, Alen Paul Silverrstieen said “By every KPI, ImagineAR turned in its best calendar year performance ever. Despite the early negative impact to our sales pipeline as a result of COVID-19 shutting down live events, the pendulum swung quickly as sports teams, corporations and entertainers turned to augmented reality to generate new revenue opportunities through our platform’s ability to create direct mobile engagement and activations. We are very proud of our performance from both a sales and technology development point of view.”

The Company is filing its audited 2020 financials and MD&A for the fiscal year ended August 31, 2020 on SEDAR by the end of this month. Though the Company has executed contracts totaling approximately $775,000 in the calendar year, the value of these contracts will not be fully reflected in the fiscal year financials due to the fact some of the agreements were signed after August 31.

Moreover, given the SaaS business model of the Company, revenues are recognized pro-rata over the life of the term of each contract, which can range from 1 – 5 years. Nonetheless, the approximate $775,000 record revenue from these contracts will be received and recognized by the Company.

Silverrstieen added “Looking forward into 2021, though COVID-19 was a significant short-term catalyst in 2020, our pipeline clearly indicates it also accelerated the inevitable adoption of AR by 2-3 years, leading to our confident expectation that 2021 will see even greater increases than 2020. We fully expect to deliver news related to new contract wins in early 2021.”

Major New Global Clients

The Company had its best year of augmented reality contracts around the world in 2020.

Five Year White Label Contract with SlapitOnAR, a company owned and operated by true legends in the world of sports in the United States . CEO Mike Vanderjagt , NFL All-Pro Placekicker is the founder and his partners include Johnny Damon (MLB), Mike Modano (NHL), Troy Aikman (NFL), Steve Smith (NBA), and Cobi Jones (MLS).
Five Year White Label Contract with WaV Sports & Entertainment starting with a launch of the NFL Alumni Academy Subscription Mobile App early 2021.
Two Year Partnership with Valencia CF of La Liga in Spain installing the ImagineAR SDK in December 2020 .
Two Year Partnership with Royal Sociedad of La Liga in Spain installing the ImagineAR SDK in February 2021 .
Shoppers Drug Mart White Label Contract for Company-wide Training in 2021.
Business Partnership with India Music Superstar Ananya Birla to Launch ImagineAR for Consumers and Business in India . Ananya music videos have over 350 million views across all social platforms.

North American AR Consumer Campaigns

The Company launched three major consumer AR campaigns in North America .

Jacob “Stitch” Duran Promotion for the Fury vs. Wilder 2 Heavyweight Championship.
In partnership with the Broward Education Foundation, Flo Rida AR Campaign was launched in June 2020 . This AR campaign was covered in the United States by NBC, CBS, NPR, NY Times, Forbes, and many other media publications.
Free Virtual Santa Claus ImagineAR campaign was launched in December 2020 and has been already featured in media including CBS, The Guardian, KTLA, Military Families, and others.

$6,000,000 From Financing & Warrant Redemptions

Confidence in the Company’s augmented reality abilities was also demonstrated by the capital markets with ImagineAR receiving record proceeds from financing in 2020 of approximately $6,000,000 , including approximately $4,500,000 from the exercise of warrants over this summer. As a result, the Company is well financed for growth through to the end of 2021.

HOLIDAY WISHES

The Company wishes its investors in North America and across the world safe and happy holidays.

Most of all, ImagineAR extends its thanks and appreciation to all shareholders for their support and looks forward to achieving even greater things together in 2021.

This News Release is available on the company’s CEO Verified Discusion Forum , a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.

About ImagineAR

ImagineAR Inc. (CSE: IP) (OTC: IPNFF) is an augmented reality (AR) platform, ImagineAR.com, that enables businesses of any size to create and implement their own AR campaigns with no programming or technology experience. Every organization, from professional sports franchises to small retailers, can develop interactive AR campaigns that blend the real and digital worlds. Customers simply point their mobile device at logos, signs, buildings, products, landmarks and more to instantly engage videos, information, advertisements, coupons, 3D holograms and any interactive content all hosted in the cloud and managed using a menu-driven portal. Integrated real-time analytics means that all customer interaction is tracked and measured in real-time. The AR Enterprise platform supports both IOS and Android mobile devices and upcoming wearable technologies.

All trademarks of the property of respective owners.

ON BEHALF OF THE BOARD

Alen Paul Silverrstieen
President & CEO
(818) 850-2490
https://twitter.com/IPtechAR
https://www.facebook.com/imaginationparktechnologies
https://www.instagram.com/iptechar
https://www.linkedin.com/company/imagination-park-technologies-inc

We encourage you to do your own due diligence and ask your broker if ImagineAR Inc. (cse: IP) is suitable for your particular investment portfolio*.

The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release. This press release may include ‘forward-looking information’ within the meaning of Canadian securities legislation, concerning the business of the Company. The forward-looking information is based on certain key expectations and assumptions made by Imagination Park’s management. Although ImagineAR believes that the expectations and assumptions on which such forward- looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because ImagineAR can give no assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release, and ImagineAR disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

Tags: Apple, AR, augmented reality, Camerai, CSE, D-BOX Technologies Inc., investment, small cap, small cap stocks, stocks, Tipit, tsx
Posted in All Recent Posts, Imagine AR | Comments Off on ImagineAR $IP.ca $IPNFF Provides Shareholders with 2020 Calendar Year Update, Including Record $775,000 in Executed Contracts $DBO.ca $YDX.ca $SEV.ca $NTAR.ca

VIDEO – Valeo Pharma $VPH.ca $VPHIF Blood Thinner Approval Projected To Thicken Revenues By $30 MILLION Per Year (Not A Typo) $HLS.ca $MDP.ca $GUD.ca $RX.ca

Posted by AGORACOM-JC at 6:00 PM on Tuesday, December 22nd, 2020

Valeo Pharma is already a successful, revenue generating, small cap Canadian pharmaceutical company that acquires the Canadian rights to commercialized drugs in other parts of the world that don’t have Canada on their radar as a target market.

This “in-license” business model is ingenious because it means ZERO developmental or clinical risk, which is the downfall of most small cap pharma companies.

This model has resulted in the following success:

$5.3M in revenues in the first 9 months of 2020 (ending July 31, 2020)
9 products currently in the market with an annual estimated peak sales of $40M/year
7 products in the pipeline with an annual estimated peak sales of $45M/year

In fact, capital markets confidence is so high that Valeo secured $8.6M in financing in the last half of the year with:

$6.9M Bought Deal financing at $1.20/shares
A $1.7M Oversubscribed debenture (non-convertible)

If that was all Valeo had, most investors would be happy to sit back and watch the Company grow.

But then came Redesca. We are going to save you the science and tell you that Redesca belongs to a class of anticoagulant medications (blood thinners) called LMWH. The size of the Canadian LMWH market is over $200M per year and Valeo believes they can capture 15-30% of this market. If you’re doing back of napkin math, that equates to $30,000,000 – $60,000,000 per year in revenues.

But how does a new product capture that much market share? Glad you asked because we asked CEO Steve Saviuk the same question. Competition is tough in all markets and they don’t let someone take 15-30% market share without one hell of a fight. Saviuk agreed and gave the following 3 reasons:

1. Redesca has an 8-year international track record of safety and efficacy. It is already well known

2. Redesca is flat out cheaper, which is music to the ears of Provincial Health Ministries whose budgets have been stretched to the max this year no thanks to COVID-19.

Vaelo is so confident that it stated “This is great news for the Canadian healthcare system …. and is expected to help provide significant savings to provincial healthcare systems.”

Well there you have it. Valeo is a great story. Watch the video.

HOLD ON. THERE’S MORE … A LOT MORE

In addition to being used primarily for treating and preventing deep vein thrombosis and pulmonary embolism, LMWH are also now increasingly used as a first line of defense tool in the fight against Covid-19. The World Health Organization’s (“WHO”) issued guidance regarding the prophylaxis use of LMWH to help prevent complications in the clinical management of severe acute respiratory infections when COVID-19 infection is suspected.

The Canadian market for LMWH was already at a healthy $200M + per year when Valeo started down the Redesca path 4 years ago. Now it gets the added kicker of Redesca being a first line of defense to fight COVID-19.

Now you have it. That’s the Valeo story as it applies to Redesca. There is a whole lot more to the story given their pipeline of products but we couldn’t cover it all in this great interview with CEO Steve Saviuk.

If you love revenue generating, growing and blue sky potential small cap companies, then this Valeo interview is a must watch.

Tags: BioSyent Inc., HLS Therapeutics, investment, Knight Therapeutics, Medexus Pharmaceuticals, pharma, pharma stocks, Redesca, small cap, small cap pharma, stocks, tsx
Posted in AGORACOM Via Satellite, All Recent Posts, Featured, Valeo Pharma Inc | Comments Off on VIDEO – Valeo Pharma $VPH.ca $VPHIF Blood Thinner Approval Projected To Thicken Revenues By $30 MILLION Per Year (Not A Typo) $HLS.ca $MDP.ca $GUD.ca $RX.ca

Gratomic $GRAT.ca Announces Completion of N143-101 for 100% Owned Buckingham Project $NGC.ca $LLG.ca $GPH.ca $NOU.ca $NMI.ca #TODAQ

Posted by AGORACOM at 11:46 AM on Tuesday, December 22nd, 2020

Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT)(FRANKFURT:CB81)(OTCQB:CBULF) (WKN:A143MR) is pleased to announce the completion of a National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI43-101“) technical report dated December 9, 2020 with an effective date of March 16, 2018 and entitled “Technical Report Buckingham Graphite Project Québec Canada” (the “Technical Report“) in respect of its 100% owned Buckingham graphite project in Quebec (the “Buckingham Project“). The Technical Report was co-authored by Roger Moss, Ph.D., P.Geo. and Isabelle Robillard, M.SC., P.Geo. The Technical Report provides a summary of work carried out on the Buckingham project between 2013 and 2018 and recommends a follow up exploration program for the property. A copy of the Technical Report is available on the Company’s SEDAR issuer profile at www.sedar.com.

View full Document here https://gratomic.ca/wp-content/uploads/2020/12/20201209-Buckingham-2018-Technical-Report-Final.pdf28.pdf

The Buckingham Project is primarily underlain by paragneiss and marble of the Central Metasedimentary Belt of the Grenville Province. Two zones of graphite mineralization, the Case Zone and the Uncle Zone were identified during work between 2013 and 2016. The Case Zone is comprised mainly of quartzo-feldspathic paragneiss intercalated with quartzite and marble and contains mostly flake type graphite. The geology underlying the Uncle Zone is comprised primarily of undifferentiated skarns, marble and pegmatite, and contains lump or vein style graphite mineralization.

Work mainly focussed on the Case Zone after preliminary investigations of the Uncle Zone. An airborne TDEM survey carried out during 2016 showed seven anomalies, including a 1.5km long conductor that extended the potential of the Case Zone to the South. Drilling and trenching programs between 2016 and 2018 tested the EM conductor over approximately 700 metres along strike and to vertical depths of up to 111 metres. Significant mineralized intercepts were returned from the entire length of the drill-tested EM conductor. From the NE to the SW, best intersections include 8.87% Cg over 47 m (ddh CK17-04), 4.94% Cg over 66 m (ddh CK18-09), 6.06% Cg over 88 m (ddh CK17-02), 6.88% Cg over 62 m (ddh CK18-07), 3.52% Cg over 53 m (ddh CK17-01) 5.86% Cg over 17 m (ddh CK17-08) and 5.68% Cg over 40 m (ddh CK17-05). These intersections do not represent true widths as more structural data is needed for their calculation (see news releases dated September 28, 2017 and April 3, 2018).

Graphite mineralization is associated with paragneiss and marble, with the highest grades typically hosted by marble. In addition to the surface mineralization seen in outcrop and in trenches, up to three discrete zones of graphite mineralization were intersected in the drilling, although most of the graphite was encountered at vertical depths less than 64 metres.

Recommended follow up work includes a Phase 1 program of mapping and trenching to extend the mineralization along strike to the south of the previous work along the EM conductor and metallurgical testing of a bulk sample from the Case Zone. Dependent on results of Phase 1, a follow up infill drilling program in the northern part of the property with step outs to the south is recommended to outline an initial graphite resource.

Roger Moss, PhD., P.Geo., a Qualified Person in accordance with Canadian regulatory requirements as set out in NI 43-101, and a co-author of the Technical Report, has read and approved the scientific and technical information that forms the basis for the disclosure contained in this release.

“This project fits really well into our Corporate Strategy and the results are astonishing. This project is one of the most promising I have personally experienced out of Canada. We will continue to develop all the Company’s assets as we bring Aukam into the commissioning phase and give shareholders reassurance that the Company has the intention to expand its presence as a going concern in the graphite industry,” stated Arno Brand, President & CEO

“These results show how careful Gratomic has always been in choosing its assets, in which it invests, and this will reflect the long-term value of our Company. The results rival the best Canadian graphite assets I have ever known,” commented Armando Farhate, COO & Head of Graphite Marketing and Sales for Gratomic Inc.

About Gratomic Inc.

TODAQ is an innovative tech company and will partner with Gratomic on its mine-to-market commodity tracking.

Phu Sumika is a large global graphite supplier to battery and lubrication companies.

Gratomic Inc. is listed on the TSX Venture Exchange under the symbol GRAT.

For more information: visit the website at www.gratomic.ca or contact:

Subscribe to the link below to receive news and updates

Tags: #Commercialization, #Construction, #Disruptive, #graphite, #GRAT, #Gratink, #Gratomic, Buckingham
Posted in All Recent Posts, Gratomic | Comments Off on Gratomic $GRAT.ca Announces Completion of N143-101 for 100% Owned Buckingham Project $NGC.ca $LLG.ca $GPH.ca $NOU.ca $NMI.ca #TODAQ

Loncor $LN.ca Reports Significant Gold Intercepts at its Flagship Adumbi Deposit $TECK.ca $RSG $NGT.to $GOLD $NEM

Posted by AGORACOM at 8:42 AM on Tuesday, December 22nd, 2020

This image has an empty alt attribute; its file name is Loncor-Small-Square.png

Drill results include 33.30 metres grading 3.25 g/t Au
and 10.45 metres at 3.88 g/t Au

Loncor Resources Inc. (“Loncor” or the “Company“) (TSX: “LN”; OTCQX: “LONCF”; FSE: “LO51”) is pleased to announce that the second core hole of a 7,000 metre drilling program at its Adumbi deposit has intersected significant gold intersections of 33.30 metres grading 3.25 g/t gold (including 5.70 metres grading 7.00 g/t Au and 9.07 metres grading 5.11 g/t Au) and 10.45 metres grading 3.88 g/t Au, at its 84.68% owned Imbo Project in the eastern part of the Ngayu greenstone belt in the Democratic Republic of the Congo (see Figure 1 below).

Mineralized sections are summarised in the table below:

Borehole Number	From (m)	To (m)	Intersected Width (m)	Grade (g/t) Au
LADD003	224.55	235.00	10.45	3.88
LADD003	253.50	286.80	33.30	3.25
LADD003	Incl. 253.50	259.20	5.70	7.00
LADD003	Incl. 277.73	286.80	9.07	5.11

Borehole LADD003 had an inclination of minus 57 degrees and azimuth of 220 degrees at the start of hole and regular measurements of inclination and azimuth were taken at 30 metre intervals down the hole. All core was orientated and it is estimated that the true widths of the mineralised sections are 80% of the intersected width. All intercepted grades are uncut. Borehole LADD003 was drilled in place of LADD002 which was stopped after deviating from its intended target depth.

Commenting on these latest drilling results, Loncor President Peter Cowley said: “We are very encouraged by the results of the first two core holes of our 7,000 metre drilling program at Adumbi where we are targeting a significant increase of resources, both within and below the open pit shell. These two infill holes were drilled within the open pit shell where there is already an inferred resource of 2.19 million ounces (28.97 million tonnes grading 2.35 g/t gold). These results will further increase the inferred resource. Deeper drilling is now being focussed on the plunging/downdip mineralization below the pit shell.”

In addition to core holes LADD001 and LADD003, the deeper hole LADD004, which was targeting mineralization 140 metres below previous borehole SDD53 drilled in 2017 (borehole SDD53 intersected 23.5 metres grading 6.08 g/t Au), was completed and cores have been submitted for assay. Deeper hole LADD007 and shallower hole LADD006 are currently being drilled to intercept the downdip/down plunge mineralized zone below the open pit shell and at shallower depth towards the northwest at the base of the pit shell respectively (see Figure 2 below).

The gold mineralization at Adumbi is associated with a thick package (up to 130 metres) of interbedded banded ironstone and quartz carbonate and chlorite schist with higher grade sections being found in a strongly altered siliceous unit termed “Replaced Rock” (RP) where structural deformation and alteration has completely destroyed the primary host lithological fabric. Disseminated sulphide assemblages include pyrite, pyrrhotite and arsenopyrite which can attain up to 20% of the total rock in places.

The objective of the current drilling program at Adumbi is to outline additional mineral resources to the current inferred mineral resource of 2.5 million ounces of gold on Loncor’s 84.68%-owned Imbo Project which contains the Adumbi, Kitenge and Manzako deposits (inferred mineral resources of 30.65 million tonnes grading 2.54 g/t Au).

Quality Control and Quality Assurance
Drill cores for assaying were taken at a maximum of one-metre intervals and were cut with a diamond saw, with one-half of the core placed in sealed bags by Company geologists and sent to the Company’s on-site sample preparation facility. The core samples were then crushed down to 80% passing minus 2 mm and split with one half of the sample up to 1.5 kg pulverized down to 90% passing 75 microns. Approximately 150 grams of the pulverized sample was then sent to the SGS Laboratory in Mwanza, Tanzania (independent of the Company). Gold analyses were carried out on 50g aliquots by fire assay. In addition, check assays were also carried out by the screen fire assay method to verify high-grade sample assays obtained initially by fire assay. As part of the Company’s QA/QC procedures, internationally recognized standards, blanks and duplicates were inserted into the sample batches prior to submitting to SGS Laboratory.

Qualified Person
Peter N. Cowley, who is President of Loncor and a “qualified person” as such term is defined in National Instrument 43-101, has reviewed and approved the technical information in this press release.

Photos accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/35d0f855-a11c-4ff5-b34e-893fd39bd5d9

https://www.globenewswire.com/NewsRoom/AttachmentNg/6499afb4-db81-4045-9af9-85cdec7362c8

Technical Reports
Additional information with respect to the Company’s Imbo Project (which includes the Adumbi deposit) is contained in the technical report of Minecon Resources and Services Limited dated April 17, 2020 and entitled “Independent National Instrument 43-101 Technical Report on the Imbo Project, Ituri Province, Democratic Republic of the Congo”. A copy of the said report can be obtained from SEDAR at www.sedar.com and EDGAR at www.sec.gov.

Additional information with respect to the Company’s Makapela Project, and certain other properties of the Company in the Ngayu gold belt, is contained in the technical report of Venmyn Rand (Pty) Ltd dated May 29, 2012 and entitled “Updated National Instrument 43-101 Independent Technical Report on the Ngayu Gold Project, Orientale Province, Democratic Republic of the Congo”. A copy of the said report can be obtained from SEDAR at www.sedar.com and EDGAR at www.sec.gov.

About Loncor Resources Inc.
Loncor is a Canadian gold exploration company focussed on the Ngayu Greenstone Belt in the northeast of the Democratic Republic of the Congo (the “DRC”). The Loncor team has over two decades of experience of operating in the DRC. Ngayu has numerous positive indicators based on the geology, artisanal activity, encouraging drill results and an existing gold resource base. The area is 220 kilometres southwest of the Kibali gold mine, which is operated by Barrick Gold (TSX: “ABX”; NYSE: “GOLD”). In 2019, Kibali produced record gold production of 814,000 ounces at “all-in sustaining costs” of US$693/oz. Barrick has highlighted the Ngayu Greenstone Belt as an area of particular exploration interest and is moving towards earning 65% of any discovery in approximately 2,000 km2 of Loncor ground in the Ngayu Greenstone Belt that they are exploring. As per the joint venture agreements entered between Loncor and Barrick, Barrick manages and funds exploration on the said ground until the completion of a pre-feasibility study on any gold discovery meeting the investment criteria of Barrick. In a recent announcement Barrick highlighted six prospective drill targets and have commenced confirmation drilling in 2020. Subject to the DRC’s free carried interest requirements, Barrick would earn 65% of any discovery with Loncor holding the balance of 35%. Loncor will be required, from that point forward, to fund its pro-rata share in respect of the discovery in order to maintain its 35% interest or be diluted.

In addition to the Barrick joint ventures, certain parcels of land within the Ngayu Belt surrounding and including the Adumbi and Makapela deposits have been retained by Loncor and do not form part of any of the joint ventures with Barrick. Barrick has certain pre-emptive rights over the Makapela deposit. Adumbi and two neighbouring deposits hold an inferred mineral resource of 2.5 million ounces of gold (30.65 million tonnes grading 2.54 g/t Au), with 84.68% of this resource being attributable to Loncor via its 84.68% interest in the project. Loncor’s Makapela deposit (which is 100%-owned by Loncor) has an indicated mineral resource of 614,200 ounces of gold (2.20 million tonnes grading 8.66 g/t Au) and an inferred mineral resource of 549,600 ounces of gold (3.22 million tonnes grading 5.30 g/t Au).

Resolute Mining Limited (ASX/LSE: “RSG”) owns 26% of the outstanding shares of Loncor and holds a pre-emptive right to maintain its pro rata equity ownership interest in Loncor following the completion by Loncor of any proposed equity offering.

Additional information with respect to Loncor and its projects can be found on Loncor’s website at www.loncor.com.

Tags: #DRC, #Drilling, #leadership, #Loncor, #NewmontGold
Posted in All Recent Posts, Loncor | Comments Off on Loncor $LN.ca Reports Significant Gold Intercepts at its Flagship Adumbi Deposit $TECK.ca $RSG $NGT.to $GOLD $NEM

Archive for the ‘All Recent Posts’ Category

Categories